Basepoint Wealth LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 10, 2026), Basepoint Wealth LLC reported 629 stock positions worth $174.8 million. Its top holding was Sprott Physical Gold Trust (PHYS) at 12.6% of the portfolio, followed by St Sr Utl SL SE SPDR ETF-Usd (XLU, 10.0%) and Sprott Physical Silver Trust (PSLV, 9.3%). Compared with Q1 2026, it opened 65 new positions, sold out of 78, added to 222 and reduced 139. The biggest buy was St Sr Utl SL SE SPDR ETF-Usd (XLU, shares +214%) and the biggest sale Akre Focus ETF (AKRE, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- CEDAR RAPIDS, IA
- CIK
- 0002088236
- Portfolio Value
- $174.8M (Q2 2026)
- SEC Filing
- 0002088236-26-000003 ↗ filed Aug 10, 2026
Holdings Value
Holdings 629 stocks · $174.8M
| PHYS Sprott Physical Gold Trust | 12.62% | 730,965 | $22.1M | Reduce -7.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 10.04% | 387,019 | $17.5M | Add +213.6% |
| PSLV Sprott Physical Silver Trust | 9.34% | 865,438 | $16.3M | Reduce -11.1% |
| AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO | 5.85% | 192,329 | $10.2M | Reduce -42.7% |
| DE Deere & Co. | 4.26% | 11,737 | $7.4M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.80% | 9,781 | $4.9M | Reduce -3.4% |
| PEO Adams Natural Resources Fund | 2.29% | 162,138 | $4.0M | Reduce -2.3% |
| AAPL Apple Inc. | 2.10% | 12,664 | $3.7M | Add +1.5% |
| NVDA Nvidia Corp. | 1.74% | 15,184 | $3.0M | Add +2.4% |
| INGR Ingredion Inc. | 1.45% | 26,789 | $2.5M | Add +10.5% |
| GD General Dynamics Corp. | 1.31% | 6,454 | $2.3M | Reduce -4.9% |
| MSFT Microsoft Corp. | 1.23% | 5,774 | $2.2M | Add +15.7% |
| VZ Verizon Communications Inc. | 1.07% | 44,292 | $1.9M | Add +26.4% |
| ABBV Abbvie Inc. | 1.00% | 6,960 | $1.8M | Reduce -1.0% |
| ZM Zoom Communications Inc. | 0.96% | 19,393 | $1.7M | Add +21.9% |
| PEP Pepsico Inc. | 0.93% | 12,019 | $1.6M | Reduce -2.3% |
| SPHQ Invesco S&P 500 Quality ETF | 0.91% | 17,603 | $1.6M | Reduce -6.8% |
| TGT Target Corp. | 0.90% | 12,084 | $1.6M | Add +142.0% |
| GOOG Alphabet Inc. Class C | 0.89% | 4,390 | $1.6M | Reduce -1.6% |
| IBTI iShares Ibonds Dec 2028 Term | 0.84% | 66,663 | $1.5M | Add +191.4% |
| TPR Tapestry Inc. | 0.76% | 9,024 | $1.3M | Reduce -40.4% |
| GEHC GE Healthcare Technology | 0.74% | 20,138 | $1.3M | Add +171.2% |
| CAT Caterpillar Inc. | 0.71% | 1,171 | $1.2M | Reduce -5.3% |
| LNT Alliant Energy Corp. | 0.71% | 16,230 | $1.2M | Reduce -5.1% |
| BF.B Brown-Forman Corp. Class B | 0.70% | 46,012 | $1.2M | Add +127.5% |
| IJH iShares Core S&P Midcap ETF | 0.68% | 15,439 | $1.2M | Add +0.1% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.68% | 10,385 | $1.2M | Add +86.2% |
| RTX RTX Corp. | 0.68% | 6,218 | $1.2M | Reduce -0.3% |
| PAG Penske Automotive Group Inc. | 0.62% | 6,014 | $1.1M | Add +93.9% |
| AMAT Applied Materials Inc. | 0.60% | 1,462 | $1.1M | Reduce -4.7% |
| PFG Principal Financial Group | 0.59% | 9,623 | $1.0M | Add +0.2% |
| FDL First Trust Morn DVD Lead Inc. | 0.59% | 21,272 | $1.0M | Add +13.9% |
| AMP Ameriprise Financial Inc. | 0.57% | 2,188 | $1.0M | Add +0.4% |
| BNY Bank of New York Mellon Corp. | 0.56% | 6,826 | $987K | Add +0.3% |
| ADBE Adobe Inc. | 0.56% | 4,781 | $980K | Add +137.5% |
| NEE Nextera Energy Inc. | 0.55% | 10,995 | $965K | Reduce -12.0% |
| WTBA West Bancorporation | 0.53% | 35,164 | $933K | Reduce -0.3% |
| JLL Jones Lang Lasalle Inc. | 0.49% | 2,749 | $852K | Reduce -7.4% |
| AXP American Express Co. | 0.48% | 2,498 | $845K | Reduce -7.8% |
| PG The Procter & Gamble Co. | 0.48% | 5,761 | $845K | Add +9.1% |
| XOM Exxonmobil Holdings Corp. | 0.47% | 5,959 | $815K | Reduce -0.1% |
| COP Conocophillips | 0.45% | 7,621 | $792K | Reduce -1.3% |
| MMM 3M Co. | 0.45% | 4,855 | $786K | Reduce -10.4% |
| MCK McKesson Corp. | 0.45% | 1,032 | $780K | Reduce -0.9% |
| GE General Electric filed as GE AEROSPACE | 0.43% | 2,029 | $758K | Reduce -0.9% |
| ATI Ati Inc. | 0.43% | 3,821 | $753K | Reduce -29.4% |
| PSX Phillips 66 | 0.40% | 4,165 | $704K | Reduce -4.1% |
| JPM JPMorgan Chase & Co. | 0.40% | 2,113 | $692K | Reduce -11.0% |
| SCHF Schwab Intl Equity ETF | 0.39% | 24,823 | $688K | Add +0.5% |
| SCHD Schwab US DVD Equity ETF | 0.36% | 19,920 | $632K | Add +0.9% |
| WMT Walmart Inc. | 0.35% | 5,470 | $619K | Add +0.3% |
| INTC Intel Corp. | 0.35% | 4,347 | $607K | Reduce -75.1% |
| IBTH iShares Ibonds Dec 2027 Term | 0.35% | 26,992 | $604K | Add +51.2% |
| SCHV Schwab US Large-Cap Value | 0.34% | 16,885 | $588K | Add +0.5% |
| GEV GE Vernova Inc. | 0.33% | 493 | $579K | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 0.32% | 998 | $562K | Reduce -0.1% |
| GS Goldman Sachs Group Inc. | 0.32% | 546 | $552K | Reduce -7.1% |
| CSCO Cisco Systems Inc. | 0.31% | 4,687 | $550K | Reduce -45.6% |
| ISCG iShares Morningstar Small-Ca | 0.31% | 8,373 | $549K | Add +0.1% |
| QCOM Qualcomm Inc. | 0.31% | 2,948 | $545K | Reduce -11.6% |
| GOOGL Alphabet Inc. Class A | 0.29% | 1,395 | $499K | Add +0.4% |
| BMY Bristol-Myers Squibb Co. | 0.28% | 8,570 | $494K | Add +223.6% |
| HD Home Depot Inc. | 0.27% | 1,314 | $463K | Add +0.7% |
| VXUS Vanguard Total Intl Stock | 0.26% | 5,341 | $457K | Add +0.4% |
| CVS CVS Health Corp. | 0.26% | 4,403 | $456K | Reduce -2.6% |
| CARR Carrier Global Corp. | 0.26% | 6,190 | $454K | Reduce -4.0% |
| CVX Chevron Corp. | 0.25% | 2,640 | $438K | Add +2.5% |
| ROK Rockwell Automation Inc. | 0.23% | 820 | $406K | No change |
| TSLA Tesla Inc. | 0.23% | 953 | $401K | Add +12.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.22% | 4,585 | $384K | Add +0.3% |
| IVV iShares Core S&P 500 ETF | 0.22% | 502 | $376K | Add +2.0% |
| PM Philip Morris International | 0.21% | 2,073 | $375K | Add +0.6% |
| EMN Eastman Chemical Co. | 0.21% | 5,420 | $363K | Reduce -4.4% |
| SCHG Schwab US Large-Cap Growth | 0.20% | 10,265 | $347K | Add +0.2% |
| ALB Albemarle Corp. | 0.19% | 2,483 | $335K | Reduce -14.6% |
| AMZN Amazon.com Inc. | 0.19% | 1,396 | $333K | Reduce -5.4% |
| OMC Omnicom Group | 0.19% | 4,458 | $325K | Reduce -23.7% |
| WFC Wells Fargo & Co. | 0.19% | 3,917 | $324K | Reduce -36.6% |
| ABT Abbott Laboratories | 0.18% | 3,542 | $321K | Reduce -5.3% |
| ELV Elevance Health Inc. | 0.18% | 803 | $311K | Add +0.9% |
| CMI Cummins Inc. | 0.17% | 428 | $305K | Reduce -15.1% |
| JNJ Johnson & Johnson | 0.16% | 1,133 | $288K | Add +1.1% |
| WPC WP Carey Inc. | 0.16% | 4,006 | $286K | Add +1.3% |
| SMG Scotts Miracle-Gro Co. | 0.16% | 4,159 | $283K | Reduce -44.4% |
| LMT Lockheed Martin Corp. | 0.16% | 533 | $271K | Add +0.6% |
| KO The Coca-Cola Co. | 0.15% | 3,288 | $267K | Add +0.4% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.15% | 509 | $266K | No change |
| PFE Pfizer Inc. | 0.15% | 10,811 | $260K | Add +14.9% |
| VWO Vanguard Ftse Emerging Marke | 0.14% | 4,241 | $253K | Reduce -2.4% |
| BDX Becton Dickinson and Co. | 0.14% | 1,669 | $253K | Add +7156.5% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.14% | 1,765 | $251K | Add +0.1% |
| RDVY First Trust Rising Dividend | 0.14% | 3,066 | $248K | Reduce -3.8% |
| CASY Casey's General Stores Inc. | 0.14% | 312 | $248K | No change |
| IJR iShares Core S&P Small-Cap E | 0.14% | 1,593 | $236K | Add +0.3% |
| WSM Williams-Sonoma Inc. | 0.13% | 1,005 | $234K | Reduce -18.4% |
| BIIB Biogen Inc. | 0.13% | 1,074 | $232K | Reduce -8.8% |
| SHOP Shopify Inc. Class A | 0.13% | 2,000 | $228K | No change |
| DTF DTF Tax-Free Income 2028 Ter | 0.13% | 19,472 | $225K | Reduce -1.7% |
| UPS United Parcel Service Class B | 0.13% | 2,078 | $223K | Add +0.7% |
| USB US Bancorp | 0.12% | 3,610 | $218K | Reduce -8.3% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $426 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 16 | $426 | No change |
Lines left out (1) · $53 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| EQWL Invesco S&P 100 Equal Weight | S&P 100 EQL WIGH | 0 | $53 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $174.8M.
Portfolio Sells Q1 2026 → Q2 2026
| AKRE Akre Focus ETF | Reduce -42.7% | 5.85% | −4.29 |
| PSLV Sprott Physical Silver Trust | Reduce -11.1% | 9.34% | −4.25 |
| PHYS Sprott Physical Gold Trust | Reduce -7.3% | 12.62% | −3.37 |
| TPR Tapestry Inc. | Reduce -40.4% | 0.76% | −0.47 |
| PEO Adams Natural Resources Fund | Reduce -2.3% | 2.29% | −0.35 |
| PEP Pepsico Inc. | Reduce -2.3% | 0.93% | −0.16 |
| COP Conocophillips | Reduce -1.3% | 0.45% | −0.13 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.13 |
| GIL Gildan Activewear Inc. | Reduce -49.1% | 0.11% | −0.12 |
| XOM Exxonmobil Holdings Corp. | Reduce -0.1% | 0.47% | −0.11 |
| NEE Nextera Energy Inc. | Reduce -12.0% | 0.55% | −0.11 |
| ALB Albemarle Corp. | Reduce -14.6% | 0.19% | −0.11 |
| SMG Scotts Miracle-Gro Co. | Reduce -44.4% | 0.16% | −0.10 |
| WFC Wells Fargo & Co. | Reduce -36.6% | 0.19% | −0.10 |
| INTC Intel Corp. | Reduce -75.1% | 0.35% | −0.09 |
| MCK McKesson Corp. | Reduce -0.9% | 0.45% | −0.07 |
| CSCO Cisco Systems Inc. | Reduce -45.6% | 0.31% | −0.07 |
| FDX FedEx Corp. | Reduce -28.5% | 0.11% | −0.07 |
| OMC Omnicom Group | Reduce -23.7% | 0.19% | −0.07 |
| JCPB JPMorgan Core Plus Bond ETF | Sold out | 0.00% | −0.05 |
| KR Kroger Co. | Reduce -16.2% | 0.09% | −0.05 |
| PSX Phillips 66 | Reduce -4.1% | 0.40% | −0.05 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -98.6% | 0.00% | −0.05 |
| DFUS Dimensional US Eq MKT ETF | Sold out | 0.00% | −0.05 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Sold out | 0.00% | −0.04 |
| VFQY Vanguard U.S. Quality Factor | Sold out | 0.00% | −0.04 |
| EMN Eastman Chemical Co. | Reduce -4.4% | 0.21% | −0.04 |
| DFIV Dimensional International Va | Sold out | 0.00% | −0.04 |
| DFAS Dimensional US Small Cap ETF | Sold out | 0.00% | −0.04 |
| ABT Abbott Laboratories | Reduce -5.3% | 0.18% | −0.04 |
| GLDM SPDR Gold Minishares Trust | Sold out | 0.00% | −0.03 |
| FLDR Fidelity Low Durat Fact ETF | Sold out | 0.00% | −0.03 |
| PSKY Paramount Skydance Class B | Reduce -44.8% | 0.05% | −0.03 |
| NTR Nutrien Ltd. | Reduce -5.7% | 0.12% | −0.03 |
| VFL Abrdn National Municipal Inc. | Reduce -48.4% | 0.04% | −0.03 |
| SBI Western Asset Intermediate | Reduce -25.8% | 0.09% | −0.03 |
| JLL Jones Lang Lasalle Inc. | Reduce -7.4% | 0.49% | −0.03 |
| GD General Dynamics Corp. | Reduce -4.9% | 1.31% | −0.02 |
| KTF DWS Municipal Income Trust | Reduce -21.4% | 0.09% | −0.02 |
| ACGL Arch Capital Group Ltd. | Reduce -90.5% | 0.00% | −0.02 |
| ATI Ati Inc. | Reduce -29.4% | 0.43% | −0.02 |
| NOC Northrop Grumman Corp. | Reduce -25.7% | 0.02% | −0.02 |
| PFO Flaherty & Crumrine P&I Opp | Reduce -35.7% | 0.03% | −0.02 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.02 |
| HON Honeywell International Inc. | Reduce -1.6% | 0.02% | −0.02 |
| SLV iShares Silver Trust | Reduce -13.5% | 0.03% | −0.02 |
| YLD Principal Act Hi YLD ETF | Sold out | 0.00% | −0.02 |
| VCSH Vanguard S/T Corp. Bond ETF | Sold out | 0.00% | −0.02 |
| FERG Ferguson Enterprises Inc. | Sold out | 0.00% | −0.02 |
| GWW WW Grainger Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +213.6% | 10.04% | +6.80 |
| TGT Target Corp. | Add +142.0% | 0.90% | +0.56 |
| IBTI iShares Ibonds Dec 2028 Term | Add +191.4% | 0.84% | +0.55 |
| GEHC GE Healthcare Technology | Add +171.2% | 0.74% | +0.43 |
| BF.B Brown-Forman Corp. Class B | Add +127.5% | 0.70% | +0.40 |
| TROW T Rowe Price Group Inc. | Add +86.2% | 0.68% | +0.39 |
| PAG Penske Automotive Group Inc. | Add +93.9% | 0.62% | +0.35 |
| AAPL Apple Inc. | Add +1.5% | 2.10% | +0.28 |
| ADBE Adobe Inc. | Add +137.5% | 0.56% | +0.28 |
| NVDA Nvidia Corp. | Add +2.4% | 1.74% | +0.26 |
| ZM Zoom Communications Inc. | Add +21.9% | 0.96% | +0.23 |
| BMY Bristol-Myers Squibb Co. | Add +223.6% | 0.28% | +0.19 |
| MSFT Microsoft Corp. | Add +15.7% | 1.23% | +0.17 |
| BDX Becton Dickinson and Co. | Add +7156.5% | 0.14% | +0.14 |
| IBTH iShares Ibonds Dec 2027 Term | Add +51.2% | 0.35% | +0.12 |
| BNY Bank of New York Mellon Corp. | Add +0.3% | 0.56% | +0.10 |
| PFG Principal Financial Group | Add +0.2% | 0.59% | +0.10 |
| IJH iShares Core S&P Midcap ETF | Add +0.1% | 0.68% | +0.09 |
| VZ Verizon Communications Inc. | Add +26.4% | 1.07% | +0.07 |
| MU Micron Technology Inc. | Add +5.7% | 0.09% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +0.4% | 0.29% | +0.06 |
| UCON First Trust Smith Unconstrai | New | 0.05% | +0.05 |
| ISCG iShares Morningstar Small-Ca | Add +0.1% | 0.31% | +0.05 |
| FDL First Trust Morn DVD Lead Inc. | Add +13.9% | 0.59% | +0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +8308.3% | 0.05% | +0.05 |
| TSLA Tesla Inc. | Add +12.0% | 0.23% | +0.05 |
| PG The Procter & Gamble Co. | Add +9.1% | 0.48% | +0.05 |
| AMD Advanced Micro Devices | Add +31.6% | 0.06% | +0.04 |
| ELV Elevance Health Inc. | Add +0.9% | 0.18% | +0.04 |
| SCHF Schwab Intl Equity ETF | Add +0.5% | 0.39% | +0.04 |
| SCHV Schwab US Large-Cap Value | Add +0.5% | 0.34% | +0.04 |
| LRCX Lam Research Corp. | Add +0.3% | 0.08% | +0.04 |
| SPCX Space Exploration Techn Class A | New | 0.04% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.04% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +43.2% | 0.08% | +0.04 |
| VYM Vanguard High DVD Yield ETF | Add +79.4% | 0.08% | +0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +79.0% | 0.07% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +71.6% | 0.07% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +2.0% | 0.22% | +0.03 |
| SCHG Schwab US Large-Cap Growth | Add +0.2% | 0.20% | +0.03 |
| VXUS Vanguard Total Intl Stock | Add +0.4% | 0.26% | +0.03 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +29.7% | 0.08% | +0.02 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.3% | 0.22% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +0.3% | 0.14% | +0.02 |
| AVGO Broadcom Inc. | Add +1.5% | 0.11% | +0.02 |
| DSI iShares ESG MSCI KLD 400 ETF | Add +0.1% | 0.14% | +0.02 |
| KLAC KLA Corp. | Add +1.3% | 0.04% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +26.2% | 0.07% | +0.02 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +0.2% | 0.11% | +0.02 |
| AMP Ameriprise Financial Inc. | Add +0.4% | 0.57% | +0.02 |
Notes & Other Activity Q1 2026 → Q2 2026
| EQWL Invesco S&P 100 Equal Weight | S&P 100 EQL WIGH | New | 0 | $53 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 629 | $174.8M | PHYS, XLU, PSLV, AKRE, DE |
| Q1 2026 | 641 | $174.8M | PHYS, PSLV, AKRE, DE, XLU |
| Q4 2025 | 598 | $164.6M | PSLV, PHYS, DE, BRK.B, PEO |
| Q3 2025 | 104 | $141.2M | PHYS, PSLV, DE, BRK.B, PEO |
| Q2 2025 | 104 | $129.4M | PHYS, PSLV, DE, BRK.B, PEO |
| Q1 2025 | 103 | $127.9M | PHYS, PSLV, BRK.B, DE, PEO |
| Q4 2024 | 107 | $125.5M | PHYS, PSLV, BRK.B, DE, PEO |
| Q3 2024 | 111 | $135.6M | PHYS, PSLV, BRK.B, DE, PEO |
| Q2 2024 | 111 | $126.7M | PHYS, PSLV, PEO, BRK.B, DE |
| Q1 2024 | 115 | $132.9M | PHYS, PSLV, PEO, DE, BRK.B |