Basepoint Wealth LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed October 16, 2025), Basepoint Wealth LLC reported 104 stock positions worth $129.4 million. Its top holding was Sprott Physical Gold Trust (PHYS) at 21.5% of the portfolio, followed by Sprott Physical Silver Trust (PSLV, 15.7%) and Deere (DE, 4.6%). Compared with Q1 2025, it opened 8 new positions, sold out of 7, added to 41 and reduced 49. The biggest buy was Nvidia (NVDA, shares +1%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- CEDAR RAPIDS, IA
- CIK
- 0002088236
- Portfolio Value
- $129.4M (Q2 2025)
- SEC Filing
- 0002088236-25-000015 ↗ filed Oct 16, 2025
Holdings Value
Holdings 104 stocks · $129.4M
| PHYS Sprott Physical Gold Trust | 21.52% | 1,098,542 | $27.8M | Reduce -5.0% |
| PSLV Sprott Physical Silver Trust | 15.75% | 1,665,063 | $20.4M | Reduce -1.4% |
| DE Deere & Co. | 4.59% | 11,672 | $5.9M | Reduce -0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.93% | 10,483 | $5.1M | Reduce -3.0% |
| PEO Adams Natural Resources Fund | 2.89% | 175,340 | $3.7M | Reduce -7.1% |
| INGR Ingredion Inc. | 2.36% | 22,489 | $3.0M | Reduce -1.6% |
| TPR Tapestry Inc. | 1.97% | 29,057 | $2.6M | Reduce -4.9% |
| AAPL Apple Inc. | 1.94% | 12,212 | $2.5M | Reduce -3.6% |
| NVDA Nvidia Corp. | 1.86% | 15,253 | $2.4M | Add +1.3% |
| GD General Dynamics Corp. | 1.74% | 7,725 | $2.3M | Reduce -0.4% |
| MMM 3M Co. | 1.50% | 12,774 | $1.9M | Reduce -26.8% |
| MSFT Microsoft Corp. | 1.44% | 3,748 | $1.9M | Add +4.1% |
| PEP Pepsico Inc. | 1.23% | 12,049 | $1.6M | Add +0.6% |
| JLL Jones Lang Lasalle Inc. | 1.15% | 5,828 | $1.5M | Reduce -9.6% |
| SPHQ Invesco S&P 500 Quality ETF | 1.12% | 20,329 | $1.4M | Add +0.1% |
| ABBV Abbvie Inc. | 1.06% | 7,388 | $1.4M | Reduce -0.3% |
| VZ Verizon Communications Inc. | 0.99% | 29,570 | $1.3M | Add +2.9% |
| AMP Ameriprise Financial Inc. | 0.92% | 2,240 | $1.2M | Add +8.1% |
| IJH iShares Core S&P Midcap ETF | 0.87% | 18,115 | $1.1M | Add +0.3% |
| RTX RTX Corp. | 0.84% | 7,463 | $1.1M | Reduce -8.0% |
| LNT Alliant Energy Corp. | 0.82% | 17,504 | $1.1M | Add +6.2% |
| ZM Zoom Communications Inc. | 0.82% | 13,535 | $1.1M | Reduce -10.6% |
| SMG Scotts Miracle-Gro Co. | 0.79% | 15,542 | $1.0M | Reduce -10.3% |
| PARAA Paramount Global Class B | 0.74% | 73,971 | $954K | Reduce -23.1% |
| PG The Procter & Gamble Co. | 0.72% | 5,852 | $932K | Add +38.4% |
| AXP American Express Co. | 0.70% | 2,831 | $903K | Reduce -1.4% |
| NEE Nextera Energy Inc. | 0.67% | 12,564 | $872K | Reduce -0.2% |
| GOOG Alphabet Inc. Class C | 0.67% | 4,872 | $864K | Add +26.3% |
| META Meta Platforms Inc. Class A | 0.64% | 1,131 | $835K | Reduce -2.7% |
| MCK McKesson Corp. | 0.63% | 1,108 | $812K | No change |
| GS Goldman Sachs Group Inc. | 0.62% | 1,129 | $799K | Reduce -12.6% |
| CSCO Cisco Systems Inc. | 0.60% | 11,210 | $778K | Add +0.8% |
| JPM JPMorgan Chase & Co. | 0.58% | 2,609 | $756K | Reduce -5.8% |
| PFG Principal Financial Group | 0.58% | 9,450 | $751K | Reduce -0.9% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.57% | 8,080 | $736K | Add +5.0% |
| COP Conocophillips | 0.55% | 7,892 | $708K | Reduce -6.2% |
| SCHF Schwab Intl Equity ETF | 0.53% | 31,161 | $689K | Add +0.6% |
| WTBA West Bancorporation | 0.53% | 35,030 | $688K | Add +1.2% |
| FDL First Trust Morn DVD Lead Inc. | 0.52% | 16,186 | $678K | Add +2.8% |
| WFC Wells Fargo & Co. | 0.50% | 8,116 | $650K | Reduce -9.4% |
| NTR Nutrien Ltd. | 0.49% | 10,953 | $637K | Reduce -17.8% |
| PSX Phillips 66 | 0.49% | 5,328 | $636K | Reduce -2.0% |
| XOM Exxon Mobil Corp. | 0.49% | 5,886 | $635K | Reduce -1.0% |
| HD Home Depot Inc. | 0.46% | 1,633 | $599K | Add +1.2% |
| EMN Eastman Chemical Co. | 0.46% | 7,995 | $597K | Reduce -8.1% |
| IPG Interpublic Group of Cos Inc. | 0.45% | 23,862 | $584K | Reduce -7.1% |
| AMZN Amazon.com Inc. | 0.45% | 2,628 | $577K | Add +29.4% |
| WSM Williams-Sonoma Inc. | 0.44% | 3,461 | $565K | Reduce -38.0% |
| QCOM Qualcomm Inc. | 0.41% | 3,370 | $537K | Add +15.5% |
| ABT Abbott Laboratories | 0.41% | 3,935 | $535K | Add +3.5% |
| CAT Caterpillar Inc. | 0.41% | 1,359 | $527K | Reduce -0.1% |
| GE General Electric filed as GE AEROSPACE | 0.41% | 2,040 | $525K | Add +2.0% |
| HBI Hanesbrands Inc. | 0.40% | 112,202 | $514K | Reduce -3.1% |
| SCHD Schwab US DVD Equity ETF | 0.39% | 19,136 | $507K | Reduce -1.3% |
| WMT Walmart Inc. | 0.38% | 4,998 | $489K | Add +0.1% |
| ATI Ati Inc. | 0.37% | 5,613 | $485K | Reduce -0.9% |
| SWKS Skyworks Solutions Inc. | 0.35% | 6,084 | $453K | Reduce -11.7% |
| INTC Intel Corp. | 0.35% | 20,079 | $450K | Reduce -8.5% |
| SCHX Schwab US Large-Cap ETF | 0.35% | 18,390 | $449K | Add +0.3% |
| CARR Carrier Global Corp. | 0.34% | 6,093 | $446K | Add +2.3% |
| SCHV Schwab US Large-Cap Value | 0.34% | 15,681 | $434K | Reduce -3.6% |
| ISCG iShares Morningstar Small-Ca | 0.32% | 8,343 | $415K | Add +0.1% |
| SCHG Schwab US Large-Cap Growth | 0.31% | 13,752 | $402K | Reduce -6.3% |
| NFLX Netflix Inc. | 0.30% | 287 | $384K | Reduce -40.6% |
| CVS CVS Health Corp. | 0.29% | 5,506 | $380K | Reduce -2.9% |
| PM Philip Morris International | 0.29% | 2,052 | $374K | No change |
| KR Kroger Co. | 0.28% | 5,103 | $366K | Reduce -3.5% |
| CVX Chevron Corp. | 0.28% | 2,513 | $360K | Add +3.2% |
| VXUS Vanguard Total Intl Stock | 0.28% | 5,200 | $359K | Add +0.7% |
| ELV Elevance Health Inc. | 0.27% | 902 | $351K | Reduce -1.4% |
| CMI Cummins Inc. | 0.27% | 1,069 | $350K | Reduce -32.9% |
| WPC WP Carey Inc. | 0.27% | 5,554 | $346K | Add +1.5% |
| IVW iShares S&P 500 Growth ETF | 0.27% | 3,143 | $346K | Add +0.1% |
| MELI MercadoLibre Inc. | 0.25% | 124 | $324K | No change |
| AGG iShares Core U.S. Aggregate | 0.24% | 3,091 | $307K | Add +1.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.23% | 4,508 | $303K | Add +0.5% |
| IVV iShares Core S&P 500 ETF | 0.23% | 484 | $301K | No change |
| LMT Lockheed Martin Corp. | 0.22% | 618 | $286K | New |
| FDX FedEx Corp. | 0.22% | 1,253 | $285K | Reduce -0.3% |
| HYD Vaneck High Yield Muni ETF | 0.22% | 5,661 | $284K | Add +0.4% |
| AMAT Applied Materials Inc. | 0.21% | 1,519 | $278K | Add +0.3% |
| GEV GE Vernova Inc. | 0.20% | 497 | $263K | New |
| GOOGL Alphabet Inc. Class A | 0.19% | 1,369 | $241K | Add +4.1% |
| ALB Albemarle Corp. | 0.18% | 3,779 | $237K | Reduce -3.0% |
| TSLA Tesla Inc. | 0.18% | 745 | $237K | New |
| SHOP Shopify Inc. Class A | 0.18% | 2,000 | $231K | New |
| SPLV Invesco S&P 500 Low Volatili | 0.18% | 3,162 | $230K | Add +0.3% |
| STEW SRH Total Return Fund Inc. | 0.18% | 12,965 | $229K | Add +0.9% |
| KO The Coca-Cola Co. | 0.18% | 3,214 | $227K | Add +11.6% |
| K Kellanova | 0.18% | 2,850 | $227K | Reduce -1.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.17% | 508 | $224K | No change |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.17% | 2,574 | $224K | Add +0.2% |
| CI The Cigna Group | 0.17% | 670 | $221K | Reduce -20.9% |
| SBI Western Asset Intermediate | 0.17% | 29,388 | $221K | Reduce -0.0% |
| PFE Pfizer Inc. | 0.17% | 8,946 | $217K | New |
| SEE Sealed Air Corp. | 0.17% | 6,977 | $216K | Reduce -15.3% |
| DTF DTF Tax-Free Income 2028 Ter | 0.17% | 19,304 | $216K | Add +0.9% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.16% | 1,761 | $205K | New |
| CSX CSX Corp. | 0.16% | 6,217 | $203K | New |
| PFO Flaherty & Crumrine P&I Opp | 0.15% | 20,354 | $188K | Add +1.4% |
| KTF DWS Municipal Income Trust | 0.14% | 20,834 | $184K | No change |
| DNP DNP Select Income Fund Inc. | 0.10% | 12,959 | $127K | Add +2.1% |
| VFL Abrdn National Municipal Inc. | 0.09% | 11,397 | $110K | Add +1.6% |
| OXFORD LANE CAP CORP | 0.05% | 14,546 | $61K | New |
Portfolio Sells Q1 2025 → Q2 2025
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.0% | 3.93% | −0.57 |
| MMM 3M Co. | Reduce -26.8% | 1.50% | −0.50 |
| PEO Adams Natural Resources Fund | Reduce -7.1% | 2.89% | −0.47 |
| AAPL Apple Inc. | Reduce -3.6% | 1.94% | −0.26 |
| PHYS Sprott Physical Gold Trust | Reduce -5.0% | 21.52% | −0.26 |
| WSM Williams-Sonoma Inc. | Reduce -38.0% | 0.44% | −0.25 |
| DVA Davita Inc. | Sold out | 0.00% | −0.21 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.19 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.19 |
| CPB The Campbell's Company | Sold out | 0.00% | −0.18 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.17 |
| PARAA Paramount Global Class B | Reduce -23.1% | 0.74% | −0.16 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.16 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.16 |
| ABBV Abbvie Inc. | Reduce -0.3% | 1.06% | −0.15 |
| COP Conocophillips | Reduce -6.2% | 0.55% | −0.14 |
| EMN Eastman Chemical Co. | Reduce -8.1% | 0.46% | −0.14 |
| HBI Hanesbrands Inc. | Reduce -3.1% | 0.40% | −0.13 |
| CMI Cummins Inc. | Reduce -32.9% | 0.27% | −0.12 |
| JLL Jones Lang Lasalle Inc. | Reduce -9.6% | 1.15% | −0.10 |
| IPG Interpublic Group of Cos Inc. | Reduce -7.1% | 0.45% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -1.0% | 0.49% | −0.06 |
| INGR Ingredion Inc. | Reduce -1.6% | 2.36% | −0.06 |
| ZM Zoom Communications Inc. | Reduce -10.6% | 0.82% | −0.06 |
| NFLX Netflix Inc. | Reduce -40.6% | 0.30% | −0.06 |
| PFG Principal Financial Group | Reduce -0.9% | 0.58% | −0.05 |
| CI The Cigna Group | Reduce -20.9% | 0.17% | −0.05 |
| INTC Intel Corp. | Reduce -8.5% | 0.35% | −0.04 |
| ELV Elevance Health Inc. | Reduce -1.4% | 0.27% | −0.04 |
| ALB Albemarle Corp. | Reduce -3.0% | 0.18% | −0.04 |
| PSX Phillips 66 | Reduce -2.0% | 0.49% | −0.03 |
| SCHD Schwab US DVD Equity ETF | Reduce -1.3% | 0.39% | −0.03 |
| NTR Nutrien Ltd. | Reduce -17.8% | 0.49% | −0.03 |
| NEE Nextera Energy Inc. | Reduce -0.2% | 0.67% | −0.02 |
| FDX FedEx Corp. | Reduce -0.3% | 0.22% | −0.02 |
| SEE Sealed Air Corp. | Reduce -15.3% | 0.17% | −0.02 |
| K Kellanova | Reduce -1.1% | 0.18% | −0.01 |
| SBI Western Asset Intermediate | Reduce -0.0% | 0.17% | −0.01 |
| CVS CVS Health Corp. | Reduce -2.9% | 0.29% | −0.01 |
| SCHV Schwab US Large-Cap Value | Reduce -3.6% | 0.34% | −0.00 |
| WFC Wells Fargo & Co. | Reduce -9.4% | 0.50% | −0.00 |
| RTX RTX Corp. | Reduce -8.0% | 0.84% | +0.00 |
| SWKS Skyworks Solutions Inc. | Reduce -11.7% | 0.35% | +0.00 |
| KR Kroger Co. | Reduce -3.5% | 0.28% | +0.00 |
| SCHG Schwab US Large-Cap Growth | Reduce -6.3% | 0.31% | +0.02 |
| SMG Scotts Miracle-Gro Co. | Reduce -10.3% | 0.79% | +0.05 |
| JPM JPMorgan Chase & Co. | Reduce -5.8% | 0.58% | +0.05 |
| CAT Caterpillar Inc. | Reduce -0.1% | 0.41% | +0.06 |
| GS Goldman Sachs Group Inc. | Reduce -12.6% | 0.62% | +0.07 |
| GD General Dynamics Corp. | Reduce -0.4% | 1.74% | +0.09 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +1.3% | 1.86% | +0.58 |
| MSFT Microsoft Corp. | Add +4.1% | 1.44% | +0.38 |
| LMT Lockheed Martin Corp. | New | 0.22% | +0.22 |
| GEV GE Vernova Inc. | New | 0.20% | +0.20 |
| GOOG Alphabet Inc. Class C | Add +26.3% | 0.67% | +0.20 |
| TSLA Tesla Inc. | New | 0.18% | +0.18 |
| SHOP Shopify Inc. Class A | New | 0.18% | +0.18 |
| PFE Pfizer Inc. | New | 0.17% | +0.17 |
| DSI iShares ESG MSCI KLD 400 ETF | New | 0.16% | +0.16 |
| CSX CSX Corp. | New | 0.16% | +0.16 |
| PG The Procter & Gamble Co. | Add +38.4% | 0.72% | +0.16 |
| AMZN Amazon.com Inc. | Add +29.4% | 0.45% | +0.14 |
| AMP Ameriprise Financial Inc. | Add +8.1% | 0.92% | +0.14 |
| GE General Electric | Add +2.0% | 0.41% | +0.09 |
| SPHQ Invesco S&P 500 Quality ETF | Add +0.1% | 1.12% | +0.07 |
| BNY Bank of New York Mellon Corp. | Add +5.0% | 0.57% | +0.06 |
| QCOM Qualcomm Inc. | Add +15.5% | 0.41% | +0.06 |
| CSCO Cisco Systems Inc. | Add +0.8% | 0.60% | +0.06 |
| SCHF Schwab Intl Equity ETF | Add +0.6% | 0.53% | +0.05 |
| CARR Carrier Global Corp. | Add +2.3% | 0.34% | +0.05 |
| OXFORD LANE CAP CORP | New | 0.05% | +0.05 |
| IJH iShares Core S&P Midcap ETF | Add +0.3% | 0.87% | +0.04 |
| AMAT Applied Materials Inc. | Add +0.3% | 0.21% | +0.04 |
| IVW iShares S&P 500 Growth ETF | Add +0.1% | 0.27% | +0.04 |
| WMT Walmart Inc. | Add +0.1% | 0.38% | +0.03 |
| SCHX Schwab US Large-Cap ETF | Add +0.3% | 0.35% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +4.1% | 0.19% | +0.03 |
| ISCG iShares Morningstar Small-Ca | Add +0.1% | 0.32% | +0.03 |
| VXUS Vanguard Total Intl Stock | Add +0.7% | 0.28% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.5% | 0.23% | +0.02 |
| ABT Abbott Laboratories | Add +3.5% | 0.41% | +0.02 |
| KO The Coca-Cola Co. | Add +11.6% | 0.18% | +0.01 |
| MDYG SS SPDR S&P 400 MC GR ETF | Add +0.2% | 0.17% | +0.01 |
| STEW SRH Total Return Fund Inc. | Add +0.9% | 0.18% | +0.00 |
| PFO Flaherty & Crumrine P&I Opp | Add +1.4% | 0.15% | +0.00 |
| AGG iShares Core U.S. Aggregate | Add +1.1% | 0.24% | +0.00 |
| HD Home Depot Inc. | Add +1.2% | 0.46% | 0.00 |
| DNP DNP Select Income Fund Inc. | Add +2.1% | 0.10% | −0.00 |
| DTF DTF Tax-Free Income 2028 Ter | Add +0.9% | 0.17% | −0.00 |
| WPC WP Carey Inc. | Add +1.5% | 0.27% | −0.00 |
| VFL Abrdn National Municipal Inc. | Add +1.6% | 0.09% | −0.00 |
| SPLV Invesco S&P 500 Low Volatili | Add +0.3% | 0.18% | −0.01 |
| HYD Vaneck High Yield Muni ETF | Add +0.4% | 0.22% | −0.01 |
| WTBA West Bancorporation | Add +1.2% | 0.53% | −0.01 |
| FDL First Trust Morn DVD Lead Inc. | Add +2.8% | 0.52% | −0.01 |
| LNT Alliant Energy Corp. | Add +6.2% | 0.82% | −0.01 |
| VZ Verizon Communications Inc. | Add +2.9% | 0.99% | −0.03 |
| CVX Chevron Corp. | Add +3.2% | 0.28% | −0.04 |
| PEP Pepsico Inc. | Add +0.6% | 1.23% | −0.18 |
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 |