Basepoint Wealth LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed October 16, 2025), Basepoint Wealth LLC reported 103 stock positions worth $127.9 million. Its top holding was Sprott Physical Gold Trust (PHYS) at 21.8% of the portfolio, followed by Sprott Physical Silver Trust (PSLV, 15.3%) and Berkshire Hathaway Class B (BRK.B, 4.5%). Compared with Q4 2024, it opened 3 new positions, sold out of 7, added to 41 and reduced 53. The biggest buy was Abbvie (ABBV, shares +1%) and the biggest sale Pepsico (PEP, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- CEDAR RAPIDS, IA
- CIK
- 0002088236
- Portfolio Value
- $127.9M (Q1 2025)
- SEC Filing
- 0002088236-25-000014 ↗ filed Oct 16, 2025
Holdings Value
Holdings 103 stocks · $127.9M
| PHYS Sprott Physical Gold Trust | 21.77% | 1,156,894 | $27.8M | Reduce -1.4% |
| PSLV Sprott Physical Silver Trust | 15.32% | 1,688,705 | $19.6M | Reduce -0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.50% | 10,804 | $5.8M | Reduce -3.5% |
| DE Deere & Co. | 4.31% | 11,740 | $5.5M | Reduce -1.8% |
| PEO Adams Natural Resources Fund | 3.37% | 188,671 | $4.3M | Reduce -5.9% |
| INGR Ingredion Inc. | 2.42% | 22,866 | $3.1M | Reduce -2.7% |
| AAPL Apple Inc. | 2.20% | 12,667 | $2.8M | Add +0.6% |
| MMM 3M Co. | 2.01% | 17,458 | $2.6M | Reduce -22.1% |
| TPR Tapestry Inc. | 1.68% | 30,567 | $2.2M | Reduce -6.7% |
| GD General Dynamics Corp. | 1.65% | 7,756 | $2.1M | Reduce -0.7% |
| PEP Pepsico Inc. | 1.40% | 11,980 | $1.8M | Reduce -31.2% |
| NVDA Nvidia Corp. | 1.28% | 15,062 | $1.6M | Add +5.1% |
| JLL Jones Lang Lasalle Inc. | 1.25% | 6,444 | $1.6M | Reduce -9.6% |
| ABBV Abbvie Inc. | 1.21% | 7,407 | $1.6M | Add +1.5% |
| MSFT Microsoft Corp. | 1.06% | 3,599 | $1.4M | Add +10.7% |
| SPHQ Invesco S&P 500 Quality ETF | 1.05% | 20,306 | $1.3M | Add +0.1% |
| VZ Verizon Communications Inc. | 1.02% | 28,735 | $1.3M | Add +0.7% |
| PARAA Paramount Global Class B | 0.90% | 96,202 | $1.2M | Add +1.3% |
| ZM Zoom Communications Inc. | 0.87% | 15,145 | $1.1M | Reduce -5.4% |
| RTX RTX Corp. | 0.84% | 8,112 | $1.1M | Reduce -10.9% |
| LNT Alliant Energy Corp. | 0.83% | 16,477 | $1.1M | Reduce -0.5% |
| IJH iShares Core S&P Midcap ETF | 0.82% | 18,068 | $1.1M | Add +0.1% |
| AMP Ameriprise Financial Inc. | 0.78% | 2,073 | $1.0M | Add +0.2% |
| SMG Scotts Miracle-Gro Co. | 0.74% | 17,317 | $951K | Reduce -5.1% |
| NEE Nextera Energy Inc. | 0.70% | 12,590 | $892K | Add +0.7% |
| COP Conocophillips | 0.69% | 8,413 | $884K | Reduce -12.9% |
| WSM Williams-Sonoma Inc. | 0.69% | 5,579 | $882K | Reduce -34.2% |
| PFG Principal Financial Group | 0.63% | 9,537 | $805K | Add +0.6% |
| AXP American Express Co. | 0.60% | 2,870 | $772K | Reduce -6.3% |
| EMN Eastman Chemical Co. | 0.60% | 8,699 | $766K | Reduce -5.6% |
| MCK McKesson Corp. | 0.58% | 1,108 | $746K | Reduce -8.3% |
| PG The Procter & Gamble Co. | 0.56% | 4,230 | $721K | Add +0.5% |
| XOM Exxon Mobil Corp. | 0.55% | 5,943 | $707K | Add +0.6% |
| GS Goldman Sachs Group Inc. | 0.55% | 1,292 | $706K | Reduce -27.2% |
| IPG Interpublic Group of Cos Inc. | 0.55% | 25,690 | $698K | Reduce -2.8% |
| WTBA West Bancorporation | 0.54% | 34,601 | $690K | Add +1.1% |
| CSCO Cisco Systems Inc. | 0.54% | 11,125 | $687K | Reduce -3.7% |
| FDL First Trust Morn DVD Lead Inc. | 0.54% | 15,748 | $684K | Add +0.7% |
| JPM JPMorgan Chase & Co. | 0.53% | 2,771 | $680K | Add +0.4% |
| PSX Phillips 66 | 0.53% | 5,439 | $672K | Reduce -9.6% |
| META Meta Platforms Inc. Class A | 0.52% | 1,162 | $670K | Reduce -20.4% |
| HBI Hanesbrands Inc. | 0.52% | 115,808 | $668K | Reduce -2.2% |
| NTR Nutrien Ltd. | 0.52% | 13,325 | $661K | Reduce -5.2% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.50% | 7,693 | $645K | Reduce -10.6% |
| WFC Wells Fargo & Co. | 0.50% | 8,961 | $643K | Reduce -4.7% |
| SCHF Schwab Intl Equity ETF | 0.48% | 30,974 | $613K | No change |
| GOOG Alphabet Inc. Class C | 0.47% | 3,859 | $603K | Add +2.8% |
| HD Home Depot Inc. | 0.46% | 1,613 | $591K | Reduce -1.9% |
| SCHD Schwab US DVD Equity ETF | 0.42% | 19,385 | $542K | Add +0.9% |
| ABT Abbott Laboratories | 0.39% | 3,802 | $504K | Add +0.1% |
| CMI Cummins Inc. | 0.39% | 1,592 | $499K | Reduce -31.2% |
| INTC Intel Corp. | 0.39% | 21,952 | $499K | Add +6.5% |
| NFLX Netflix Inc. | 0.35% | 483 | $450K | Add +0.8% |
| CAT Caterpillar Inc. | 0.35% | 1,360 | $449K | Add +36.5% |
| QCOM Qualcomm Inc. | 0.35% | 2,918 | $448K | Reduce -14.6% |
| SWKS Skyworks Solutions Inc. | 0.35% | 6,891 | $445K | Reduce -9.5% |
| WMT Walmart Inc. | 0.34% | 4,991 | $438K | Reduce -48.9% |
| SCHV Schwab US Large-Cap Value | 0.34% | 16,266 | $432K | Reduce -1.9% |
| CVX Chevron Corp. | 0.32% | 2,436 | $407K | Add +1.0% |
| SCHX Schwab US Large-Cap ETF | 0.32% | 18,336 | $405K | No change |
| GE General Electric filed as GE AEROSPACE | 0.31% | 2,000 | $400K | Add +2.3% |
| ELV Elevance Health Inc. | 0.31% | 915 | $398K | Reduce -3.5% |
| AMZN Amazon.com Inc. | 0.30% | 2,031 | $386K | Add +3.4% |
| CVS CVS Health Corp. | 0.30% | 5,668 | $384K | Reduce -4.7% |
| CARR Carrier Global Corp. | 0.30% | 5,958 | $378K | Reduce -7.2% |
| ISCG iShares Morningstar Small-Ca | 0.29% | 8,336 | $376K | Add +0.1% |
| SCHG Schwab US Large-Cap Growth | 0.29% | 14,685 | $368K | Reduce -13.9% |
| KR Kroger Co. | 0.28% | 5,286 | $358K | Reduce -22.8% |
| WPC WP Carey Inc. | 0.27% | 5,470 | $345K | Add +1.6% |
| PM Philip Morris International | 0.25% | 2,052 | $326K | Reduce -2.1% |
| VXUS Vanguard Total Intl Stock | 0.25% | 5,163 | $321K | Add +0.3% |
| FDX FedEx Corp. | 0.24% | 1,257 | $306K | Add +0.5% |
| AGG iShares Core U.S. Aggregate | 0.24% | 3,059 | $303K | Add +0.6% |
| ATI Ati Inc. | 0.23% | 5,664 | $295K | No change |
| IVW iShares S&P 500 Growth ETF | 0.23% | 3,140 | $292K | Reduce -19.2% |
| HYD Vaneck High Yield Muni ETF | 0.23% | 5,640 | $289K | No change |
| ALB Albemarle Corp. | 0.22% | 3,898 | $281K | Reduce -1.1% |
| CI The Cigna Group | 0.22% | 847 | $279K | Reduce -9.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.21% | 4,488 | $272K | Add +0.2% |
| IVV iShares Core S&P 500 ETF | 0.21% | 484 | $272K | Reduce -35.2% |
| DVA Davita Inc. | 0.21% | 1,749 | $268K | Reduce -34.0% |
| FISV Fiserv Inc. | 0.19% | 1,120 | $247K | Reduce -1.1% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 4,004 | $244K | Add +0.9% |
| MELI MercadoLibre Inc. | 0.19% | 124 | $242K | Reduce -28.7% |
| SEE Sealed Air Corp. | 0.19% | 8,233 | $238K | Add +1.7% |
| K Kellanova | 0.19% | 2,881 | $238K | Reduce -15.2% |
| CPB The Campbell's Company | 0.18% | 5,921 | $236K | Add +2.4% |
| SPLV Invesco S&P 500 Low Volatili | 0.18% | 3,151 | $235K | Add +0.1% |
| SBI Western Asset Intermediate | 0.18% | 29,401 | $229K | Reduce -10.8% |
| STEW SRH Total Return Fund Inc. | 0.17% | 12,849 | $222K | Add +0.9% |
| AMAT Applied Materials Inc. | 0.17% | 1,515 | $220K | Reduce -1.4% |
| UNH Unitedhealth Group Inc. | 0.17% | 416 | $218K | Add +1.7% |
| DTF DTF Tax-Free Income 2028 Ter | 0.17% | 19,137 | $215K | Add +0.9% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.17% | 508 | $213K | No change |
| KO The Coca-Cola Co. | 0.16% | 2,880 | $206K | New |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.16% | 4,887 | $204K | New |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.16% | 2,568 | $204K | No change |
| GOOGL Alphabet Inc. Class A | 0.16% | 1,315 | $203K | Add +2.7% |
| V Visa Inc. Class A | 0.16% | 576 | $202K | New |
| KTF DWS Municipal Income Trust | 0.15% | 20,834 | $195K | Reduce -12.2% |
Portfolio Sells Q4 2024 → Q1 2025
| PEP Pepsico Inc. | Reduce -31.2% | 1.40% | −0.71 |
| WSM Williams-Sonoma Inc. | Reduce -34.2% | 0.69% | −0.56 |
| WMT Walmart Inc. | Reduce -48.9% | 0.34% | −0.36 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.33 |
| MMM 3M Co. | Reduce -22.1% | 2.01% | −0.30 |
| GS Goldman Sachs Group Inc. | Reduce -27.2% | 0.55% | −0.26 |
| CMI Cummins Inc. | Reduce -31.2% | 0.39% | −0.25 |
| HBI Hanesbrands Inc. | Reduce -2.2% | 0.52% | −0.25 |
| SMG Scotts Miracle-Gro Co. | Reduce -5.1% | 0.74% | −0.22 |
| BIIB Biogen Inc. | Sold out | 0.00% | −0.19 |
| SWKS Skyworks Solutions Inc. | Reduce -9.5% | 0.35% | −0.19 |
| JLL Jones Lang Lasalle Inc. | Reduce -9.6% | 1.25% | −0.19 |
| USB US Bancorp | Sold out | 0.00% | −0.17 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.17 |
| ZM Zoom Communications Inc. | Reduce -5.4% | 0.87% | −0.17 |
| CR Crane Co. | Sold out | 0.00% | −0.16 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.16 |
| INGR Ingredion Inc. | Reduce -2.7% | 2.42% | −0.16 |
| META Meta Platforms Inc. Class A | Reduce -20.4% | 0.52% | −0.16 |
| IVV iShares Core S&P 500 ETF | Reduce -35.2% | 0.21% | −0.14 |
| AXP American Express Co. | Reduce -6.3% | 0.60% | −0.12 |
| PEO Adams Natural Resources Fund | Reduce -5.9% | 3.37% | −0.11 |
| DVA Davita Inc. | Reduce -34.0% | 0.21% | −0.11 |
| SCHG Schwab US Large-Cap Growth | Reduce -13.9% | 0.29% | −0.09 |
| IVW iShares S&P 500 Growth ETF | Reduce -19.2% | 0.23% | −0.09 |
| COP Conocophillips | Reduce -12.9% | 0.69% | −0.07 |
| EMN Eastman Chemical Co. | Reduce -5.6% | 0.60% | −0.07 |
| QCOM Qualcomm Inc. | Reduce -14.6% | 0.35% | −0.07 |
| OXFORD LANE CAP CORP | Sold out | 0.00% | −0.06 |
| KR Kroger Co. | Reduce -22.8% | 0.28% | −0.05 |
| CARR Carrier Global Corp. | Reduce -7.2% | 0.30% | −0.05 |
| ALB Albemarle Corp. | Reduce -1.1% | 0.22% | −0.05 |
| PFO Flaherty & Crumrine P&I Opp | Reduce -25.4% | 0.14% | −0.05 |
| HD Home Depot Inc. | Reduce -1.9% | 0.46% | −0.05 |
| MELI MercadoLibre Inc. | Reduce -28.7% | 0.19% | −0.05 |
| IPG Interpublic Group of Cos Inc. | Reduce -2.8% | 0.55% | −0.04 |
| K Kellanova | Reduce -15.2% | 0.19% | −0.03 |
| AMAT Applied Materials Inc. | Reduce -1.4% | 0.17% | −0.03 |
| KTF DWS Municipal Income Trust | Reduce -12.2% | 0.15% | −0.03 |
| SBI Western Asset Intermediate | Reduce -10.8% | 0.18% | −0.02 |
| TPR Tapestry Inc. | Reduce -6.7% | 1.68% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -4.7% | 0.50% | −0.02 |
| BNY Bank of New York Mellon Corp. | Reduce -10.6% | 0.50% | −0.02 |
| PSX Phillips 66 | Reduce -9.6% | 0.53% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -3.7% | 0.54% | −0.01 |
| SCHV Schwab US Large-Cap Value | Reduce -1.9% | 0.34% | −0.01 |
| RTX RTX Corp. | Reduce -10.9% | 0.84% | +0.00 |
| FISV Fiserv Inc. | Reduce -1.1% | 0.19% | +0.01 |
| GD General Dynamics Corp. | Reduce -0.7% | 1.65% | +0.01 |
| CI The Cigna Group | Reduce -9.1% | 0.22% | +0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| ABBV Abbvie Inc. | Add +1.5% | 1.21% | +0.18 |
| KO The Coca-Cola Co. | New | 0.16% | +0.16 |
| SLB SLB Ltd. | New | 0.16% | +0.16 |
| V Visa Inc. Class A | New | 0.16% | +0.16 |
| VZ Verizon Communications Inc. | Add +0.7% | 1.02% | +0.11 |
| PARAA Paramount Global Class B | Add +1.3% | 0.90% | +0.11 |
| CAT Caterpillar Inc. | Add +36.5% | 0.35% | +0.06 |
| INTC Intel Corp. | Add +6.5% | 0.39% | +0.06 |
| GE General Electric | Add +2.3% | 0.31% | +0.05 |
| ABT Abbott Laboratories | Add +0.1% | 0.39% | +0.05 |
| XOM Exxon Mobil Corp. | Add +0.6% | 0.55% | +0.05 |
| PFG Principal Financial Group | Add +0.6% | 0.63% | +0.04 |
| CVX Chevron Corp. | Add +1.0% | 0.32% | +0.04 |
| WPC WP Carey Inc. | Add +1.6% | 0.27% | +0.04 |
| FDL First Trust Morn DVD Lead Inc. | Add +0.7% | 0.54% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Add +0.9% | 0.19% | +0.01 |
| NFLX Netflix Inc. | Add +0.8% | 0.35% | +0.01 |
| DNP DNP Select Income Fund Inc. | Add +2.2% | 0.10% | +0.01 |
| STEW SRH Total Return Fund Inc. | Add +0.9% | 0.17% | +0.01 |
| VXUS Vanguard Total Intl Stock | Add +0.3% | 0.25% | +0.01 |
| SPLV Invesco S&P 500 Low Volatili | Add +0.1% | 0.18% | +0.01 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.2% | 0.21% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +0.9% | 0.42% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +1.7% | 0.17% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +0.4% | 0.53% | +0.00 |
| AGG iShares Core U.S. Aggregate | Add +0.6% | 0.24% | +0.00 |
| PG The Procter & Gamble Co. | Add +0.5% | 0.56% | +0.00 |
| VFL Abrdn National Municipal Inc. | Add +1.9% | 0.09% | +0.00 |
| DTF DTF Tax-Free Income 2028 Ter | Add +0.9% | 0.17% | −0.00 |
| CPB The Campbell's Company | Add +2.4% | 0.18% | −0.01 |
| NEE Nextera Energy Inc. | Add +0.7% | 0.70% | −0.02 |
| SPHQ Invesco S&P 500 Quality ETF | Add +0.1% | 1.05% | −0.03 |
| SEE Sealed Air Corp. | Add +1.7% | 0.19% | −0.03 |
| GOOGL Alphabet Inc. Class A | Add +2.7% | 0.16% | −0.03 |
| ISCG iShares Morningstar Small-Ca | Add +0.1% | 0.29% | −0.03 |
| MSFT Microsoft Corp. | Add +10.7% | 1.06% | −0.04 |
| FDX FedEx Corp. | Add +0.5% | 0.24% | −0.04 |
| AMZN Amazon.com Inc. | Add +3.4% | 0.30% | −0.04 |
| WTBA West Bancorporation | Add +1.1% | 0.54% | −0.05 |
| IJH iShares Core S&P Midcap ETF | Add +0.1% | 0.82% | −0.07 |
| AMP Ameriprise Financial Inc. | Add +0.2% | 0.78% | −0.09 |
| GOOG Alphabet Inc. Class C | Add +2.8% | 0.47% | −0.10 |
| NVDA Nvidia Corp. | Add +5.1% | 1.28% | −0.26 |
| AAPL Apple Inc. | Add +0.6% | 2.20% | −0.31 |
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 |