Basepoint Wealth LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed October 16, 2025), Basepoint Wealth LLC reported 111 stock positions worth $126.7 million. Its top holding was Sprott Physical Gold Trust (PHYS) at 17.0% of the portfolio, followed by Sprott Physical Silver Trust (PSLV, 13.5%) and Adams Natural Resources Fund (PEO, 4.3%). Compared with Q1 2024, it opened 1 new position, sold out of 5, added to 36 and reduced 67. The biggest buy was Sprott Physical Gold Trust (PHYS, shares +0%) and the biggest sale Intel (INTC, shares −28%).

Most Recent 13F
Q2 2026
Location
CEDAR RAPIDS, IA
CIK
0002088236
Portfolio Value
$126.7M (Q2 2024)
SEC Filing
0002088236-25-000011 ↗ filed Oct 16, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $132.9M Q1 2024 Q2 2024: $126.7M $126.7M Q2 2024 Q3 2024: $135.6M Q3 2024 Q4 2024: $125.5M Q4 2024 Q1 2025: $127.9M Q1 2025 Q2 2025: $129.4M Q2 2025 Q3 2025: $141.2M Q3 2025 Q4 2025: $164.6M Q4 2025 Q1 2026: $174.8M Q1 2026 Q2 2026: $174.8M Q2 2026

Holdings 111 stocks · $126.7M
PHYS Sprott Physical Gold Trust 16.98% 1,191,059 $21.5M Add +0.0%
PSLV Sprott Physical Silver Trust 13.52% 1,724,973 $17.1M Reduce -3.1%
PEO Adams Natural Resources Fund 4.26% 228,876 $5.4M Reduce -17.5%
BRK.B Berkshire Hathaway Inc. Class B 3.80% 11,842 $4.8M Reduce -0.7%
DE Deere & Co. 3.57% 12,094 $4.5M Reduce -3.2%
INGR Ingredion Inc. 2.30% 25,399 $2.9M Reduce -0.5%
PEP Pepsico Inc. 2.26% 17,326 $2.9M Add +0.0%
AAPL Apple Inc. 2.10% 12,630 $2.7M Reduce -4.6%
MMM 3M Co. 1.90% 23,604 $2.4M Reduce -1.9%
GD General Dynamics Corp. 1.81% 7,914 $2.3M Reduce -1.3%
NVDA Nvidia Corp. 1.45% 14,832 $1.8M Reduce -6.4%
JLL Jones Lang Lasalle Inc. 1.36% 8,416 $1.7M Reduce -0.6%
GS Goldman Sachs Group Inc. 1.35% 3,774 $1.7M Reduce -25.2%
MSFT Microsoft Corp. 1.28% 3,619 $1.6M Add +4.6%
WSM Williams-Sonoma Inc. 1.25% 5,589 $1.6M Reduce -13.6%
TPR Tapestry Inc. 1.17% 34,739 $1.5M Add +0.9%
COP Conocophillips 1.15% 12,772 $1.5M Reduce -14.7%
SPHQ Invesco S&P 500 Quality ETF 1.03% 20,578 $1.3M Add +1.6%
SMG Scotts Miracle-Gro Co. 1.03% 20,084 $1.3M Reduce -0.1%
VZ Verizon Communications Inc. 0.95% 29,196 $1.2M Reduce -0.0%
ABBV Abbvie Inc. 0.93% 6,894 $1.2M Reduce -2.4%
IJH iShares Core S&P Midcap ETF 0.85% 18,372 $1.1M Add +1.2%
RTX RTX Corp. 0.84% 10,641 $1.1M Add +0.3%
PARAA Paramount Global Class B 0.83% 101,655 $1.1M Reduce -1.7%
QCOM Qualcomm Inc. 0.80% 5,083 $1.0M Reduce -15.1%
ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN 0.77% 16,467 $975K Reduce -0.5%
SCHG Schwab US Large-Cap Growth 0.75% 9,482 $956K Reduce -6.7%
NEE Nextera Energy Inc. 0.71% 12,679 $898K Add +0.4%
EMN Eastman Chemical Co. 0.70% 9,081 $890K Reduce -0.9%
META Meta Platforms Inc. Class A 0.70% 1,764 $890K Reduce -30.1%
INTC Intel Corp. 0.69% 28,390 $879K Reduce -27.7%
SWKS Skyworks Solutions Inc. 0.68% 8,105 $864K Reduce -0.1%
DVA Davita Inc. 0.66% 6,062 $840K Reduce -24.0%
CMI Cummins Inc. 0.66% 3,025 $838K Reduce -5.6%
LNT Alliant Energy Corp. 0.65% 16,202 $825K Add +1.8%
IPG Interpublic Group of Cos Inc. 0.63% 27,311 $794K Reduce -4.4%
AMP Ameriprise Financial Inc. 0.62% 1,851 $791K Add +0.3%
PSX Phillips 66 0.62% 5,548 $783K Reduce -10.8%
PG The Procter & Gamble Co. 0.61% 4,685 $773K Reduce -1.6%
SCHD Schwab US DVD Equity ETF 0.60% 9,730 $757K Add +4.4%
NTR Nutrien Ltd. 0.59% 14,669 $747K Reduce -1.6%
PFG Principal Financial Group 0.59% 9,509 $746K Reduce -0.3%
AXP American Express Co. 0.59% 3,211 $744K Reduce -15.3%
GOOG Alphabet Inc. Class C 0.56% 3,900 $715K Reduce -30.0%
MCK McKesson Corp. 0.56% 1,206 $705K Add +0.1%
JPM JPMorgan Chase & Co. 0.54% 3,373 $682K Reduce -1.9%
WMT Walmart Inc. 0.53% 9,852 $667K Add +0.2%
XOM Exxon Mobil Corp. 0.51% 5,578 $642K Add +8.0%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.48% 10,259 $614K Reduce -8.5%
WTBA West Bancorporation 0.48% 34,216 $612K No change
FDL First Trust Morn DVD Lead Inc. 0.48% 16,057 $609K No change
WFC Wells Fargo & Co. 0.48% 10,241 $608K Reduce -2.2%
SCHV Schwab US Large-Cap Value 0.47% 8,100 $600K Add +6.6%
HBI Hanesbrands Inc. 0.46% 118,895 $586K Reduce -2.7%
SCHF Schwab Intl Equity ETF 0.46% 15,068 $579K Reduce -8.3%
CSCO Cisco Systems Inc. 0.45% 11,953 $568K Reduce -1.6%
KR Kroger Co. 0.44% 11,245 $561K Reduce -17.4%
ELV Elevance Health Inc. 0.42% 975 $528K Reduce -4.4%
CARR Carrier Global Corp. 0.41% 8,309 $524K Reduce -2.4%
BIIB Biogen Inc. 0.41% 2,228 $517K Reduce -13.8%
IVV iShares Core S&P 500 ETF 0.38% 884 $484K Add +25.2%
CI The Cigna Group 0.37% 1,409 $466K Reduce -33.3%
ROK Rockwell Automation Inc. 0.32% 1,493 $411K Add +0.1%
CVS CVS Health Corp. 0.32% 6,932 $409K Reduce -2.3%
ABT Abbott Laboratories 0.31% 3,764 $391K Reduce -1.4%
SCHX Schwab US Large-Cap ETF 0.31% 6,054 $389K No change
ISCG iShares Morningstar Small-Ca 0.30% 8,310 $378K No change
AMAT Applied Materials Inc. 0.30% 1,593 $376K Add +0.1%
AMZN Amazon.com Inc. 0.28% 1,838 $355K Reduce -40.0%
ALB Albemarle Corp. 0.26% 3,485 $333K Add +2.6%
NFLX Netflix Inc. 0.25% 474 $320K Reduce -13.7%
CVX Chevron Corp. 0.25% 2,040 $319K Add +3.3%
ATI Ati Inc. 0.25% 5,723 $317K Reduce -9.5%
SEE Sealed Air Corp. 0.25% 9,043 $315K Reduce -1.4%
GE General Electric filed as GE AEROSPACE 0.24% 1,943 $309K Add +0.1%
VXUS Vanguard Total Intl Stock 0.24% 5,039 $304K Reduce -22.1%
WPC WP Carey Inc. 0.24% 5,415 $298K Add +1.5%
IVW iShares S&P 500 Growth ETF 0.23% 3,135 $290K Add +0.1%
AGG iShares Core U.S. Aggregate 0.23% 2,985 $290K Add +0.7%
FDX FedEx Corp. 0.23% 960 $288K Reduce -8.1%
MELI MercadoLibre Inc. 0.23% 174 $286K No change
HYD Vaneck High Yield Muni ETF 0.23% 5,525 $285K Add +1.1%
SBI Western Asset Intermediate 0.22% 35,983 $283K Reduce -5.8%
FCX Freeport-McMoran Inc. 0.22% 5,646 $274K Reduce -46.8%
RRC Range Resources Corp. 0.21% 8,087 $271K Reduce -44.9%
APD Air Products & Chemicals Inc. 0.21% 1,041 $269K Reduce -42.9%
CR Crane Co. 0.21% 1,851 $268K Reduce -39.5%
IWF iShares Russell 1000 Growth 0.21% 722 $263K Add +0.1%
K Kellanova 0.21% 4,557 $263K Reduce -29.5%
VEU Vanguard Ftse All-World Ex-U 0.21% 4,437 $260K No change
TRU Transunion 0.20% 3,498 $259K Reduce -32.7%
CAT Caterpillar Inc. 0.20% 759 $253K Reduce -38.9%
KTF DWS Municipal Income Trust 0.20% 26,586 $252K Add +0.2%
PM Philip Morris International 0.20% 2,471 $250K Reduce -17.5%
CPB The Campbell's Company filed as CAMPBELL SOUP CO 0.20% 5,517 $249K Add +0.4%
DD Dupont DE Nemours Inc. 0.19% 2,979 $240K Reduce -41.5%
PFO Flaherty & Crumrine P&I Opp 0.19% 27,893 $236K Add +1.5%
RDVY First Trust Rising Dividend 0.18% 4,100 $224K No change
CXT Crane NXT Co. 0.18% 3,631 $223K Reduce -23.8%
SCHZ Schwab US Aggregate Bond ETF 0.17% 4,852 $221K Add +1.2%
PFE Pfizer Inc. 0.17% 7,848 $220K Add +1.1%
MDYG SS SPDR S&P 400 MC GR ETF 0.17% 2,562 $215K Reduce -8.1%
GOOGL Alphabet Inc. Class A 0.17% 1,181 $215K New
BTU Peabody Energy Corp. 0.17% 9,541 $211K Reduce -45.0%
DTF DTF Tax-Free Income 2028 Ter 0.16% 18,795 $206K Add +0.6%
SPLV Invesco S&P 500 Low Volatili 0.16% 3,125 $203K Add +0.5%
MUB iShares National Muni Bond E 0.16% 1,896 $202K Reduce -11.8%
EMR Emerson Electric Co. 0.16% 1,824 $201K Reduce -35.6%
MRK Merck & Co. Inc. 0.16% 1,618 $200K Add +0.9%
VFL Abrdn National Municipal Inc. 0.09% 10,967 $116K Add +0.4%
DNP DNP Select Income Fund Inc. 0.08% 12,098 $99K Add +2.0%

Portfolio Sells Q1 2024 → Q2 2024
INTC Intel Corp. Reduce -27.7% 0.69% −0.61
PEO Adams Natural Resources Fund Reduce -17.5% 4.26% −0.55
WY Weyerhaeuser Co. Sold out 0.00% −0.33
WSM Williams-Sonoma Inc. Reduce -13.6% 1.25% −0.30
DE Deere & Co. Reduce -3.2% 3.57% −0.30
COP Conocophillips Reduce -14.7% 1.15% −0.28
GS Goldman Sachs Group Inc. Reduce -25.2% 1.35% −0.24
META Meta Platforms Inc. Class A Reduce -30.1% 0.70% −0.22
EIX Edison International Sold out 0.00% −0.22
CI The Cigna Group Reduce -33.3% 0.37% −0.21
GILD Gilead Sciences Inc. Sold out 0.00% −0.18
RRC Range Resources Corp. Reduce -44.9% 0.21% −0.17
DVA Davita Inc. Reduce -24.0% 0.66% −0.17
FCX Freeport-McMoran Inc. Reduce -46.8% 0.22% −0.16
HYMB SS SPDR N Ice HY Muni ETF Sold out 0.00% −0.16
USB US Bancorp Sold out 0.00% −0.16
BTU Peabody Energy Corp. Reduce -45.0% 0.17% −0.15
PSX Phillips 66 Reduce -10.8% 0.62% −0.15
CAT Caterpillar Inc. Reduce -38.9% 0.20% −0.14
KR Kroger Co. Reduce -17.4% 0.44% −0.14
AMZN Amazon.com Inc. Reduce -40.0% 0.28% −0.14
APD Air Products & Chemicals Inc. Reduce -42.9% 0.21% −0.12
TRU Transunion Reduce -32.7% 0.20% −0.11
DD Dupont DE Nemours Inc. Reduce -41.5% 0.19% −0.10
CVS CVS Health Corp. Reduce -2.3% 0.32% −0.10
CR Crane Co. Reduce -39.5% 0.21% −0.10
SMG Scotts Miracle-Gro Co. Reduce -0.1% 1.03% −0.10
EMR Emerson Electric Co. Reduce -35.6% 0.16% −0.08
PARAA Paramount Global Class B Reduce -1.7% 0.83% −0.08
IPG Interpublic Group of Cos Inc. Reduce -4.4% 0.63% −0.07
GOOG Alphabet Inc. Class C Reduce -30.0% 0.56% −0.07
K Kellanova Reduce -29.5% 0.21% −0.07
HBI Hanesbrands Inc. Reduce -2.7% 0.46% −0.07
AXP American Express Co. Reduce -15.3% 0.59% −0.06
VXUS Vanguard Total Intl Stock Reduce -22.1% 0.24% −0.05
CMI Cummins Inc. Reduce -5.6% 0.66% −0.05
CXT Crane NXT Co. Reduce -23.8% 0.18% −0.05
ZM Zoom Communications Inc. Reduce -0.5% 0.77% −0.04
ABBV Abbvie Inc. Reduce -2.4% 0.93% −0.03
PFG Principal Financial Group Reduce -0.3% 0.59% −0.03
SCHF Schwab Intl Equity ETF Reduce -8.3% 0.46% −0.03
NTR Nutrien Ltd. Reduce -1.6% 0.59% −0.02
ABT Abbott Laboratories Reduce -1.4% 0.31% −0.02
MMM 3M Co. Reduce -1.9% 1.90% −0.02
MUB iShares National Muni Bond E Reduce -11.8% 0.16% −0.01
MDYG SS SPDR S&P 400 MC GR ETF Reduce -8.1% 0.17% −0.01
BIIB Biogen Inc. Reduce -13.8% 0.41% −0.01
PM Philip Morris International Reduce -17.5% 0.20% −0.01
SEE Sealed Air Corp. Reduce -1.4% 0.25% −0.01
CSCO Cisco Systems Inc. Reduce -1.6% 0.45% −0.01

Portfolio Buys Q1 2024 → Q2 2024
PHYS Sprott Physical Gold Trust Add +0.0% 16.98% +1.48
MSFT Microsoft Corp. Add +4.6% 1.28% +0.18
GOOGL Alphabet Inc. Class A New 0.17% +0.17
SPHQ Invesco S&P 500 Quality ETF Add +1.6% 1.03% +0.11
IVV iShares Core S&P 500 ETF Add +25.2% 0.38% +0.10
NEE Nextera Energy Inc. Add +0.4% 0.71% +0.10
WMT Walmart Inc. Add +0.2% 0.53% +0.08
MCK McKesson Corp. Add +0.1% 0.56% +0.07
RTX RTX Corp. Add +0.3% 0.84% +0.06
XOM Exxon Mobil Corp. Add +8.0% 0.51% +0.06
AMAT Applied Materials Inc. Add +0.1% 0.30% +0.05
LNT Alliant Energy Corp. Add +1.8% 0.65% +0.05
SCHV Schwab US Large-Cap Value Add +6.6% 0.47% +0.04
SCHD Schwab US DVD Equity ETF Add +4.4% 0.60% +0.03
IVW iShares S&P 500 Growth ETF Add +0.1% 0.23% +0.03
IWF iShares Russell 1000 Growth Add +0.1% 0.21% +0.02
IJH iShares Core S&P Midcap ETF Add +1.2% 0.85% +0.02
KTF DWS Municipal Income Trust Add +0.2% 0.20% +0.02
CVX Chevron Corp. Add +3.3% 0.25% +0.02
AMP Ameriprise Financial Inc. Add +0.3% 0.62% +0.02
CPB The Campbell's Company Add +0.4% 0.20% +0.01
PFO Flaherty & Crumrine P&I Opp Add +1.5% 0.19% +0.01
DTF DTF Tax-Free Income 2028 Ter Add +0.6% 0.16% +0.01
PFE Pfizer Inc. Add +1.1% 0.17% +0.01
HYD Vaneck High Yield Muni ETF Add +1.1% 0.23% +0.01
AGG iShares Core U.S. Aggregate Add +0.7% 0.23% +0.01
WPC WP Carey Inc. Add +1.5% 0.24% +0.01
SCHZ Schwab US Aggregate Bond ETF Add +1.2% 0.17% +0.01
VFL Abrdn National Municipal Inc. Add +0.4% 0.09% +0.01
SPLV Invesco S&P 500 Low Volatili Add +0.5% 0.16% +0.01
MRK Merck & Co. Inc. Add +0.9% 0.16% −0.00
DNP DNP Select Income Fund Inc. Add +2.0% 0.08% −0.00
ROK Rockwell Automation Inc. Add +0.1% 0.32% −0.00
GE General Electric Add +0.1% 0.24% −0.01
PEP Pepsico Inc. Add +0.0% 2.26% −0.03
TPR Tapestry Inc. Add +0.9% 1.17% −0.06
ALB Albemarle Corp. Add +2.6% 0.26% −0.07

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 629$174.8MPHYS, XLU, PSLV, AKRE, DE
Q1 2026 641$174.8MPHYS, PSLV, AKRE, DE, XLU
Q4 2025 598$164.6MPSLV, PHYS, DE, BRK.B, PEO
Q3 2025 104$141.2MPHYS, PSLV, DE, BRK.B, PEO
Q2 2025 104$129.4MPHYS, PSLV, DE, BRK.B, PEO
Q1 2025 103$127.9MPHYS, PSLV, BRK.B, DE, PEO
Q4 2024 107$125.5MPHYS, PSLV, BRK.B, DE, PEO
Q3 2024 111$135.6MPHYS, PSLV, BRK.B, DE, PEO
Q2 2024 111$126.7MPHYS, PSLV, PEO, BRK.B, DE
Q1 2024 115$132.9MPHYS, PSLV, PEO, DE, BRK.B