Basepoint Wealth LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Basepoint Wealth LLC reported 598 stock positions worth $164.6 million. Its top holding was Sprott Physical Silver Trust (PSLV) at 21.6% of the portfolio, followed by Sprott Physical Gold Trust (PHYS, 20.1%) and Deere (DE, 3.3%). Compared with Q3 2025, it opened 498 new positions, sold out of 3, added to 35 and reduced 60. The biggest buy was a new position in Gildan Activewear (GIL) and the biggest sale Sprott Physical Gold Trust (PHYS, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- CEDAR RAPIDS, IA
- CIK
- 0002088236
- Portfolio Value
- $164.6M (Q4 2025)
- SEC Filing
- 0002088236-26-000001 ↗ filed Feb 10, 2026
Holdings Value
Holdings 598 stocks · $164.6M
| PSLV Sprott Physical Silver Trust | 21.56% | 1,500,344 | $35.5M | Reduce -7.4% |
| PHYS Sprott Physical Gold Trust | 20.10% | 1,001,803 | $33.1M | Reduce -5.5% |
| DE Deere & Co. | 3.33% | 11,767 | $5.5M | Add +0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.12% | 10,220 | $5.1M | Reduce -1.0% |
| PEO Adams Natural Resources Fund | 2.21% | 166,957 | $3.6M | Reduce -1.1% |
| AAPL Apple Inc. | 2.08% | 12,601 | $3.4M | Reduce -1.7% |
| NVDA Nvidia Corp. | 1.78% | 15,691 | $2.9M | Add +2.6% |
| TPR Tapestry Inc. | 1.54% | 19,830 | $2.5M | Reduce -29.3% |
| INGR Ingredion Inc. | 1.51% | 22,474 | $2.5M | Add +0.3% |
| GD General Dynamics Corp. | 1.50% | 7,344 | $2.5M | Reduce -4.2% |
| MSFT Microsoft Corp. | 1.21% | 4,125 | $2.0M | Add +6.5% |
| PEP Pepsico Inc. | 1.06% | 12,132 | $1.7M | Reduce -0.3% |
| ABBV Abbvie Inc. | 1.01% | 7,253 | $1.7M | Reduce -2.1% |
| GOOG Alphabet Inc. Class C | 0.91% | 4,751 | $1.5M | Reduce -10.5% |
| SPHQ Invesco S&P 500 Quality ETF | 0.86% | 18,846 | $1.4M | Add +0.1% |
| JLL Jones Lang Lasalle Inc. | 0.80% | 3,936 | $1.3M | Reduce -26.6% |
| VZ Verizon Communications Inc. | 0.74% | 30,110 | $1.2M | Add +1.1% |
| RTX RTX Corp. | 0.74% | 6,635 | $1.2M | Reduce -15.4% |
| IJH iShares Core S&P Midcap ETF | 0.73% | 18,210 | $1.2M | Add +0.3% |
| MMM 3M Co. | 0.69% | 7,076 | $1.1M | Reduce -27.9% |
| LNT Alliant Energy Corp. | 0.68% | 17,112 | $1.1M | Reduce -2.9% |
| AMP Ameriprise Financial Inc. | 0.65% | 2,173 | $1.1M | Reduce -3.3% |
| NEE Nextera Energy Inc. | 0.62% | 12,660 | $1.0M | Add +0.3% |
| ZM Zoom Communications Inc. | 0.62% | 11,765 | $1.0M | Reduce -2.3% |
| AXP American Express Co. | 0.61% | 2,725 | $1.0M | Reduce -2.9% |
| MCK McKesson Corp. | 0.52% | 1,044 | $857K | Reduce -5.9% |
| PFG Principal Financial Group | 0.51% | 9,577 | $845K | Add +0.6% |
| CSCO Cisco Systems Inc. | 0.49% | 10,450 | $805K | Reduce -6.0% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.49% | 6,913 | $803K | Reduce -7.7% |
| WTBA West Bancorporation | 0.48% | 35,918 | $797K | Add +1.2% |
| FDL First Trust Morn DVD Lead Inc. | 0.48% | 17,765 | $788K | Add +1.2% |
| JPM JPMorgan Chase & Co. | 0.47% | 2,415 | $778K | Reduce -0.5% |
| SCHF Schwab Intl Equity ETF | 0.45% | 31,144 | $749K | Reduce -0.1% |
| PG The Procter & Gamble Co. | 0.44% | 5,061 | $725K | Reduce -8.6% |
| COP Conocophillips | 0.44% | 7,742 | $725K | Reduce -0.6% |
| CAT Caterpillar Inc. | 0.44% | 1,264 | $724K | Reduce -7.9% |
| XOM Exxon Mobil Corp. | 0.43% | 5,926 | $713K | Add +0.4% |
| META Meta Platforms Inc. Class A | 0.43% | 1,072 | $708K | Add +0.9% |
| INTC Intel Corp. | 0.41% | 18,316 | $676K | Reduce -4.1% |
| WFC Wells Fargo & Co. | 0.40% | 7,101 | $662K | Reduce -6.3% |
| ATI Ati Inc. | 0.39% | 5,613 | $644K | No change |
| GIL Gildan Activewear Inc. | 0.38% | 10,139 | $633K | New |
| GE General Electric filed as GE AEROSPACE | 0.38% | 2,045 | $630K | Add +0.1% |
| WMT Walmart Inc. | 0.38% | 5,628 | $627K | No change |
| OMC Omnicom Group | 0.36% | 7,342 | $593K | New |
| SMG Scotts Miracle-Gro Co. | 0.35% | 9,998 | $583K | Reduce -31.6% |
| PSX Phillips 66 | 0.34% | 4,393 | $567K | Reduce -17.2% |
| QCOM Qualcomm Inc. | 0.34% | 3,274 | $560K | Reduce -1.5% |
| HD Home Depot Inc. | 0.34% | 1,626 | $560K | Add +0.5% |
| GS Goldman Sachs Group Inc. | 0.32% | 591 | $520K | Reduce -39.4% |
| SCHD Schwab US DVD Equity ETF | 0.32% | 18,915 | $519K | Add +1.0% |
| AMZN Amazon.com Inc. | 0.29% | 2,075 | $479K | Reduce -23.9% |
| ABT Abbott Laboratories | 0.29% | 3,813 | $478K | Reduce -1.9% |
| ALB Albemarle Corp. | 0.29% | 3,352 | $474K | Reduce -7.7% |
| SCHV Schwab US Large-Cap Value | 0.29% | 15,848 | $469K | Add +0.6% |
| ISCG iShares Morningstar Small-Ca | 0.28% | 8,359 | $464K | Add +0.1% |
| EMN Eastman Chemical Co. | 0.28% | 7,190 | $459K | Reduce -3.9% |
| GOOGL Alphabet Inc. Class A | 0.26% | 1,389 | $435K | Reduce -3.1% |
| VXUS Vanguard Total Intl Stock | 0.24% | 5,312 | $401K | Add +1.6% |
| AMAT Applied Materials Inc. | 0.24% | 1,526 | $392K | Add +0.1% |
| CVX Chevron Corp. | 0.24% | 2,552 | $389K | Add +0.8% |
| CVS CVS Health Corp. | 0.22% | 4,621 | $367K | Reduce -13.2% |
| NTR Nutrien Ltd. | 0.21% | 5,692 | $352K | Reduce -34.7% |
| CARR Carrier Global Corp. | 0.21% | 6,391 | $338K | Reduce -3.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.20% | 4,568 | $336K | Add +1.0% |
| IVV iShares Core S&P 500 ETF | 0.20% | 490 | $336K | Add +0.2% |
| PM Philip Morris International | 0.20% | 2,046 | $328K | Reduce -0.2% |
| TSLA Tesla Inc. | 0.20% | 728 | $327K | Add +1.0% |
| GEV GE Vernova Inc. | 0.20% | 497 | $325K | No change |
| SHOP Shopify Inc. Class A | 0.20% | 2,000 | $322K | No change |
| CMI Cummins Inc. | 0.18% | 581 | $297K | Reduce -35.1% |
| HYD Vaneck High Yield Muni ETF | 0.18% | 5,766 | $295K | Add +0.7% |
| PSKY Paramount Skydance Class B | 0.18% | 21,752 | $291K | Reduce -29.3% |
| JNJ Johnson & Johnson | 0.17% | 1,352 | $280K | Add +1.4% |
| ROK Rockwell Automation Inc. | 0.17% | 718 | $280K | Reduce -0.1% |
| ELV Elevance Health Inc. | 0.17% | 793 | $278K | Add +3.0% |
| SCHG Schwab US Large-Cap Growth | 0.16% | 8,319 | $271K | Reduce -39.6% |
| SEE Sealed Air Corp. | 0.16% | 6,393 | $265K | Reduce -5.0% |
| LMT Lockheed Martin Corp. | 0.16% | 545 | $264K | Reduce -11.1% |
| WPC WP Carey Inc. | 0.15% | 3,900 | $251K | Reduce -30.8% |
| FDX FedEx Corp. | 0.15% | 868 | $251K | Reduce -31.1% |
| STEW SRH Total Return Fund Inc. | 0.15% | 13,195 | $245K | Add +0.9% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.15% | 508 | $244K | No change |
| WSM Williams-Sonoma Inc. | 0.15% | 1,367 | $244K | Reduce -44.2% |
| SCHX Schwab US Large-Cap ETF | 0.15% | 9,048 | $244K | Reduce -50.9% |
| KR Kroger Co. | 0.15% | 3,878 | $242K | Reduce -18.0% |
| SWKS Skyworks Solutions Inc. | 0.14% | 3,708 | $235K | Reduce -38.3% |
| PFE Pfizer Inc. | 0.14% | 9,301 | $232K | Add +1.6% |
| KO The Coca-Cola Co. | 0.14% | 3,274 | $229K | Add +1.2% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.14% | 1,763 | $227K | Add +0.1% |
| DTF DTF Tax-Free Income 2028 Ter | 0.14% | 19,638 | $224K | Add +0.9% |
| SBI Western Asset Intermediate | 0.13% | 27,634 | $212K | Reduce -3.2% |
| RDVY First Trust Rising Dividend | 0.13% | 3,051 | $212K | Add +0.3% |
| USB US Bancorp | 0.13% | 3,910 | $209K | New |
| BIIB Biogen Inc. | 0.12% | 1,164 | $205K | New |
| UPS United Parcel Service Class B | 0.12% | 2,011 | $200K | New |
| IVW iShares S&P 500 Growth ETF | 0.12% | 1,580 | $195K | New |
| CSX CSX Corp. | 0.12% | 5,320 | $193K | Reduce -14.6% |
| IJR iShares Core S&P Small-Cap E | 0.12% | 1,585 | $191K | New |
| KTF DWS Municipal Income Trust | 0.11% | 20,668 | $188K | Reduce -1.2% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $308 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 16 | $308 | New |
Lines left out (1) · $10 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| AI C3.AI Inc. Class A | CL A | 0 | $10 |
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: $164.6M.
Portfolio Sells Q3 2025 → Q4 2025
| PHYS Sprott Physical Gold Trust | Reduce -5.5% | 20.10% | −2.15 |
| TPR Tapestry Inc. | Reduce -29.3% | 1.54% | −0.71 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.0% | 3.12% | −0.56 |
| HBI Hanesbrands Inc. | Sold out | 0.00% | −0.52 |
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −0.45 |
| MMM 3M Co. | Reduce -27.9% | 0.69% | −0.39 |
| PEO Adams Natural Resources Fund | Reduce -1.1% | 2.21% | −0.37 |
| GD General Dynamics Corp. | Reduce -4.2% | 1.50% | −0.35 |
| JLL Jones Lang Lasalle Inc. | Reduce -26.6% | 0.80% | −0.33 |
| PSKY Paramount Skydance Class B | Reduce -29.3% | 0.18% | −0.24 |
| SMG Scotts Miracle-Gro Co. | Reduce -31.6% | 0.35% | −0.24 |
| GS Goldman Sachs Group Inc. | Reduce -39.4% | 0.32% | −0.23 |
| AAPL Apple Inc. | Reduce -1.7% | 2.08% | −0.23 |
| ABBV Abbvie Inc. | Reduce -2.1% | 1.01% | −0.21 |
| NFLX Netflix Inc. | Reduce -96.3% | 0.01% | −0.20 |
| SCHX Schwab US Large-Cap ETF | Reduce -50.9% | 0.15% | −0.20 |
| WSM Williams-Sonoma Inc. | Reduce -44.2% | 0.15% | −0.19 |
| RTX RTX Corp. | Reduce -15.4% | 0.74% | −0.19 |
| SWKS Skyworks Solutions Inc. | Reduce -38.3% | 0.14% | −0.19 |
| AGG iShares Core U.S. Aggregate | Reduce -80.5% | 0.04% | −0.18 |
| PSX Phillips 66 | Reduce -17.2% | 0.34% | −0.17 |
| LNT Alliant Energy Corp. | Reduce -2.9% | 0.68% | −0.17 |
| PG The Procter & Gamble Co. | Reduce -8.6% | 0.44% | −0.16 |
| K Kellanova | Sold out | 0.00% | −0.15 |
| PEP Pepsico Inc. | Reduce -0.3% | 1.06% | −0.15 |
| NTR Nutrien Ltd. | Reduce -34.7% | 0.21% | −0.15 |
| SCHG Schwab US Large-Cap Growth | Reduce -39.6% | 0.16% | −0.15 |
| AMP Ameriprise Financial Inc. | Reduce -3.3% | 0.65% | −0.13 |
| AMZN Amazon.com Inc. | Reduce -23.9% | 0.29% | −0.13 |
| WPC WP Carey Inc. | Reduce -30.8% | 0.15% | −0.12 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -50.4% | 0.07% | −0.10 |
| BNY Bank of New York Mellon Corp. | Reduce -7.7% | 0.49% | −0.09 |
| CMI Cummins Inc. | Reduce -35.1% | 0.18% | −0.09 |
| ZM Zoom Communications Inc. | Reduce -2.3% | 0.62% | −0.09 |
| MCK McKesson Corp. | Reduce -5.9% | 0.52% | −0.09 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -40.7% | 0.08% | −0.08 |
| COP Conocophillips | Reduce -0.6% | 0.44% | −0.08 |
| KR Kroger Co. | Reduce -18.0% | 0.15% | −0.08 |
| ABT Abbott Laboratories | Reduce -1.9% | 0.29% | −0.08 |
| CARR Carrier Global Corp. | Reduce -3.1% | 0.21% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -0.5% | 0.47% | −0.07 |
| CVS CVS Health Corp. | Reduce -13.2% | 0.22% | −0.06 |
| SCHF Schwab Intl Equity ETF | Reduce -0.1% | 0.45% | −0.06 |
| FDX FedEx Corp. | Reduce -31.1% | 0.15% | −0.06 |
| LMT Lockheed Martin Corp. | Reduce -11.1% | 0.16% | −0.06 |
| EMN Eastman Chemical Co. | Reduce -3.9% | 0.28% | −0.06 |
| QCOM Qualcomm Inc. | Reduce -1.5% | 0.34% | −0.05 |
| CSCO Cisco Systems Inc. | Reduce -6.0% | 0.49% | −0.05 |
| AXP American Express Co. | Reduce -2.9% | 0.61% | −0.05 |
| PFO Flaherty & Crumrine P&I Opp | Reduce -27.1% | 0.07% | −0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| GIL Gildan Activewear Inc. | New | 0.38% | +0.38 |
| OMC Omnicom Group | New | 0.36% | +0.36 |
| USB US Bancorp | New | 0.13% | +0.13 |
| BIIB Biogen Inc. | New | 0.12% | +0.12 |
| UPS United Parcel Service Class B | New | 0.12% | +0.12 |
| IVW iShares S&P 500 Growth ETF | New | 0.12% | +0.12 |
| IJR iShares Core S&P Small-Cap E | New | 0.12% | +0.12 |
| VWO Vanguard Ftse Emerging Marke | New | 0.11% | +0.11 |
| V Visa Inc. Class A | New | 0.11% | +0.11 |
| MRK Merck & Co. Inc. | New | 0.11% | +0.11 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.11% | +0.11 |
| FDN First Trust DJ Internet Ind | New | 0.11% | +0.11 |
| CI The Cigna Group | New | 0.11% | +0.11 |
| CASY Casey's General Stores Inc. | New | 0.10% | +0.10 |
| SLB SLB Ltd. | New | 0.10% | +0.10 |
| IWP iShares Russell Mid-Cap Grow | New | 0.10% | +0.10 |
| AVGO Broadcom Inc. | New | 0.10% | +0.10 |
| UNH Unitedhealth Group Inc. | New | 0.10% | +0.10 |
| ILCB iShares Morningstar U.S. Equ | New | 0.10% | +0.10 |
| SLYG SS SPDR S&P 600 SC GR ETF | New | 0.10% | +0.10 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | New | 0.09% | +0.09 |
| BA The Boeing Co. | New | 0.09% | +0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.09% | +0.09 |
| BMY Bristol-Myers Squibb Co. | New | 0.09% | +0.09 |
| MCD McDonald's Corp. | New | 0.09% | +0.09 |
| EIX Edison International | New | 0.09% | +0.09 |
| IEMG iShares Core MSCI Emerging | New | 0.09% | +0.09 |
| IMCV iShares Morningstar Mid-Cap | New | 0.08% | +0.08 |
| IWN iShares Russell 2000 Value E | New | 0.08% | +0.08 |
| RIO Rio Tinto PLC-Spon ADR | New | 0.08% | +0.08 |
| CPB The Campbell's Company | New | 0.08% | +0.08 |
| EDGI 3EDGE Dyna I National Eq ETF | New | 0.08% | +0.08 |
| ISCV iShares Morningstar Small-Ca | New | 0.07% | +0.07 |
| EDGH 3EDGE Dynamic Hard Asset ETF | New | 0.07% | +0.07 |
| MRSH Marsh & McLennan Cos | New | 0.07% | +0.07 |
| HYMB SS SPDR N Ice HY Muni ETF | New | 0.07% | +0.07 |
| MA Mastercard Inc. Class A | New | 0.06% | +0.06 |
| BAC Bank of America Corp. | New | 0.06% | +0.06 |
| FMB First Trust Managed Municipa | New | 0.06% | +0.06 |
| IWS iShares Russell Mid-Cap Valu | New | 0.06% | +0.06 |
| VNQ Vanguard Real Estate ETF | New | 0.06% | +0.06 |
| BIV Vanguard Intermediate-Term B | New | 0.06% | +0.06 |
| AMG Affiliated Managers Group | New | 0.06% | +0.06 |
| SLV iShares Silver Trust | New | 0.06% | +0.06 |
| PNC PNC Financial Services Group | New | 0.06% | +0.06 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.06% | +0.06 |
| SCHA Schwab US Small-Cap ETF | New | 0.06% | +0.06 |
| CL Colgate-Palmolive Co. | New | 0.06% | +0.06 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.06% | +0.06 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 0.06% | +0.06 |
Notes & Other Activity Q3 2025 → Q4 2025
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | New | 16 | $308 |
| AI C3.AI Inc. Class A | CL A | New | 0 | $10 |
| MELI MercadoLibre Inc. | COM | Reduce -100.0% | 0 | $0 |
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 |