Beacon Investment Advisors LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Beacon Investment Advisors LLC reported 160 stock positions worth $244.3 million. Its top holding was Microsoft (MSFT) at 6.0% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 5.5%) and Apple (AAPL, 4.0%). Compared with Q2 2025, it opened 6 new positions, sold out of 3, added to 104 and reduced 22. The biggest buy was a new position in Healthequity (HQY) and the biggest sale an exit from Skechers USA Class A (SKX).

Most Recent 13F
Q2 2026
Location
Gaithersburg, MD
CIK
0001961635
Portfolio Value
$244.3M (Q3 2025)
SEC Filing
0001172661-25-004994 ↗ filed Nov 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $175.3M Q1 2024 Q2 2024: $195.3M Q2 2024 Q3 2024: $211.2M Q3 2024 Q4 2024: $212.7M Q4 2024 Q1 2025: $211.5M Q1 2025 Q2 2025: $231.8M Q2 2025 Q3 2025: $244.3M $244.3M Q3 2025 Q4 2025: $249.1M Q4 2025 Q1 2026: $264.9M Q1 2026 Q2 2026: $318.5M Q2 2026

Holdings 160 stocks · $244.3M
MSFT Microsoft Corp. 6.02% 28,378 $14.7M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 5.46% 26,518 $13.3M Add +0.2%
AAPL Apple Inc. 3.96% 38,007 $9.7M Add +0.3%
AMAT Applied Materials Inc. 3.29% 39,294 $8.0M Add +4.3%
MAR Marriott International Class A 2.37% 22,207 $5.8M Add +0.8%
INTU Intuit Inc. 2.33% 8,325 $5.7M Add +0.7%
CASY Casey's General Stores Inc. 2.32% 10,016 $5.7M Add +0.4%
COST Costco Wholesale Corp. 2.25% 5,936 $5.5M Reduce -1.2%
DE Deere & Co. 2.09% 11,142 $5.1M Add +0.1%
CSTM Constellium SE 2.07% 340,623 $5.1M Add +0.4%
GNRC Generac Holdings Inc. 1.80% 26,226 $4.4M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.77% 83,760 $4.3M Add +0.3%
DRI Darden Restaurants Inc. 1.69% 21,706 $4.1M Add +0.5%
RYAAY Ryanair Holdings PLC-SP ADR 1.63% 66,091 $4.0M Add +1.5%
WMT Walmart Inc. 1.57% 37,167 $3.8M Add +0.9%
RCL Royal Caribbean Cruises Ltd. 1.55% 11,711 $3.8M Add +0.1%
CSCO Cisco Systems Inc. 1.47% 52,644 $3.6M Add +0.4%
NVR NVR Inc. 1.43% 436 $3.5M No change
GHC Graham Holdings Co. Class B 1.41% 2,918 $3.4M Add +0.0%
LMT Lockheed Martin Corp. 1.35% 6,598 $3.3M Add +0.3%
LPLA LPL Financial Holdings Inc. 1.27% 9,360 $3.1M Add +0.2%
AXP American Express Co. 1.27% 9,334 $3.1M Add +0.1%
VLO Valero Energy Corp. 1.18% 16,923 $2.9M Add +1.5%
RHP Ryman Hospitality Properties 1.13% 30,898 $2.8M Add +0.5%
DEO Diageo PLC-Sponsored ADR 1.08% 27,617 $2.6M Reduce -2.5%
HQY Healthequity Inc. 1.06% 27,366 $2.6M New
CAT Caterpillar Inc. 1.00% 5,123 $2.4M Add +0.6%
LHX L3HARRIS Technologies Inc. 0.98% 7,820 $2.4M Add +1.2%
FFIV F5 Inc. 0.94% 7,127 $2.3M Reduce -0.2%
GOOGL Alphabet Inc. Class A 0.93% 9,383 $2.3M Add +0.0%
JPM JPMorgan Chase & Co. 0.88% 6,824 $2.2M Add +0.3%
FDX FedEx Corp. 0.85% 8,816 $2.1M Add +0.2%
BKE The Buckle Inc. 0.85% 35,276 $2.1M Add +0.6%
OBDC Blue Owl Capital Corp. 0.83% 159,136 $2.0M Add +1.4%
ENB Enbridge Inc. 0.76% 36,587 $1.8M Add +0.2%
HD Home Depot Inc. 0.74% 4,449 $1.8M Add +0.8%
SYY Sysco Corp. 0.73% 21,779 $1.8M Add +0.5%
TWI Titan International Inc. 0.73% 236,606 $1.8M Reduce -0.3%
AMD Advanced Micro Devices 0.72% 10,871 $1.8M No change
CMI Cummins Inc. 0.71% 4,097 $1.7M Add +0.1%
COIN Coinbase Global Inc. Class A 0.71% 5,111 $1.7M No change
LDOS Leidos Holdings Inc. 0.71% 9,126 $1.7M Add +0.2%
ADM Archer-Daniels-Midland Co. 0.69% 28,364 $1.7M Reduce -0.5%
CALM Cal-Maine Foods Inc. 0.67% 17,429 $1.6M Add +1.0%
HON Honeywell International Inc. 0.66% 7,604 $1.6M Add +0.7%
ABM Abm Industries Inc. 0.65% 34,522 $1.6M Add +2.5%
RTX RTX Corp. 0.65% 9,476 $1.6M Add +0.2%
CTRA Coterra Energy Inc. 0.64% 66,263 $1.6M Reduce -0.2%
FAST Fastenal Co. 0.64% 31,954 $1.6M Add +1.3%
HAE Haemonetics Corp. 0.63% 31,724 $1.5M Add +3.1%
CNI Canadian Natl Railway Co. 0.62% 16,051 $1.5M Add +0.3%
KO The Coca-Cola Co. 0.60% 22,131 $1.5M Add +0.2%
UPS United Parcel Service Class B 0.60% 17,523 $1.5M Add +1.7%
QCOM Qualcomm Inc. 0.58% 8,572 $1.4M No change
RWT Redwood Trust Inc. 0.58% 246,267 $1.4M Add +1.3%
MSM MSC Industrial Direct Co. Class A 0.56% 14,956 $1.4M Add +0.8%
FERG Ferguson Enterprises Inc. 0.56% 6,060 $1.4M Add +0.4%
MRP Millrose Properties 0.52% 38,047 $1.3M Add +40.3%
PSX Phillips 66 0.52% 9,341 $1.3M Add +0.2%
AUB Atlantic Union Bankshares Co. 0.49% 34,193 $1.2M Add +2.7%
GPC Genuine Parts Co. 0.48% 8,461 $1.2M Reduce -0.4%
VZ Verizon Communications Inc. 0.48% 26,637 $1.2M Add +0.5%
IVW iShares S&P 500 Growth ETF 0.45% 9,200 $1.1M No change
XOM Exxon Mobil Corp. 0.44% 9,530 $1.1M Add +0.6%
BAX Baxter International Inc. 0.44% 46,901 $1.1M Reduce -1.2%
JNJ Johnson & Johnson 0.44% 5,757 $1.1M Add +0.3%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.44% 10,394 $1.1M Add +1.4%
GDEN Golden Entertainment Inc. 0.43% 44,936 $1.1M Add +0.3%
CVX Chevron Corp. 0.43% 6,800 $1.1M Add +6.8%
ABT Abbott Laboratories 0.42% 7,661 $1.0M Add +0.6%
BFS Saul Centers Inc. filed as SAUL CTRS INC 0.42% 32,126 $1.0M Add +2.9%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.41% 9,799 $999K Add +0.5%
GIS General Mills Inc. 0.41% 19,793 $998K Reduce -0.6%
CBRL Cracker Barrel Old Country 0.37% 20,560 $906K Add +4.5%
TXRH Texas Roadhouse Inc. 0.36% 5,266 $875K Add +3.0%
SBGI Sinclair Inc. 0.36% 57,723 $872K Add +0.1%
MUSA Murphy USA Inc. 0.35% 2,207 $857K Add +3.0%
NEM Newmont Corp. 0.35% 10,000 $843K No change
FTNT Fortinet Inc. 0.34% 10,004 $841K No change
MDT Medtronic PLC 0.34% 8,720 $831K Reduce -0.5%
NVDA Nvidia Corp. 0.34% 4,402 $821K No change
OHI Omega Healthcare Investors 0.31% 17,716 $748K No change
SPG Simon Property Group Inc. 0.30% 3,918 $735K Add +1.1%
TRV The Travelers Cos Inc. 0.29% 2,507 $700K Add +0.0%
SO The Southern Co. 0.28% 7,312 $693K Add +0.3%
BSET Bassett Furniture Inds 0.27% 42,498 $665K Reduce -0.1%
T AT&T Inc. 0.27% 22,953 $648K Add +0.3%
MKL Markel Group Inc. 0.25% 322 $616K Add +0.6%
AYI Acuity Inc. 0.24% 1,720 $592K No change
IOT Samsara Inc. Class A 0.24% 15,836 $590K Add +26.2%
KMI Kinder Morgan Inc. 0.24% 20,453 $579K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.23% 844 $562K Add +10.2%
AMZN Amazon.com Inc. 0.23% 2,537 $557K Add +3.2%
PRU Prudential Financial Inc. 0.22% 5,285 $548K Add +0.2%
CMCSA Comcast Corp. Class A 0.22% 17,187 $540K Add +1.7%
GOOD Gladstone Commercial Corp. 0.22% 43,268 $533K Reduce -4.2%
NSA National Storage Affiliates 0.22% 17,500 $529K No change
AMGN Amgen Inc. 0.21% 1,848 $522K Add +0.1%
SHEN Shenandoah Telecommunication 0.21% 38,121 $512K Reduce -3.9%
S Sentinelone Inc. Class A 0.21% 29,038 $511K No change
TSCO Tractor Supply Company 0.21% 8,860 $504K Add +2.0%
O Realty Income Corp. 0.20% 8,135 $495K Reduce -2.5%
LUV Southwest Airlines Co. 0.20% 15,359 $490K Reduce -1.2%
INVH Invitation Homes Inc. 0.20% 16,260 $477K Add +0.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.20% 1,688 $476K No change
BMY Bristol-Myers Squibb Co. 0.19% 10,504 $474K Add +0.0%
WY Weyerhaeuser Co. 0.19% 18,887 $468K Add +0.3%
PANW Palo Alto Networks Inc. 0.19% 2,285 $465K No change
IP International Paper Co. 0.19% 10,000 $464K No change
PFE Pfizer Inc. 0.19% 17,892 $456K Add +5.1%
KIM Kimco Realty Corp. 0.18% 20,346 $445K Reduce -4.5%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.18% 13,525 $441K Add +0.5%
MRK Merck & Co. Inc. 0.18% 5,120 $430K Add +0.0%
RNR Renaissancere Holdings Ltd. 0.18% 1,691 $430K Add +6.6%
BEPC Brookfield Renewable Corp. 0.18% 12,476 $429K Add +0.1%
CTAS Cintas Corp. 0.17% 2,079 $427K Add +20.5%
DUK Duke Energy Corp. 0.17% 3,384 $419K Add +0.5%
LEN Lennar Corp. Class A 0.16% 3,189 $402K Add +1.2%
UNP Union Pacific Corp. 0.16% 1,681 $397K Add +0.1%
PG The Procter & Gamble Co. 0.16% 2,575 $396K Add +51.2%
GOOG Alphabet Inc. Class C 0.16% 1,595 $389K No change
NVS Novartis AG-Sponsored ADR 0.16% 3,000 $385K No change
FVD First Trust Value Line DVD 0.15% 7,846 $363K Add +5.9%
SNA Snap-on Inc. 0.14% 1,000 $347K Add +0.4%
WEC WEC Energy Group Inc. 0.14% 2,891 $331K Add +0.3%
ETN Eaton Corp. PLC 0.13% 863 $323K Add +5.8%
BEP Brookfield Renewable Partner 0.13% 11,954 $308K Add +0.9%
KSS Kohls Corp. 0.13% 20,006 $307K Reduce -0.5%
EVLV Evolv Technologies Holdings 0.13% 40,535 $306K No change
GLW Corning Inc. 0.12% 3,699 $303K New
OWL Blue Owl Capital Inc. 0.12% 17,895 $303K Add +7.5%
CABO Cable One Inc. 0.12% 1,709 $303K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.12% 965 $299K Add +22.1%
GD General Dynamics Corp. 0.12% 862 $294K No change
WM Waste Management Inc. 0.12% 1,327 $293K Add +7.2%
AFG American Financial Group Inc. 0.12% 2,000 $291K No change
VGT Vanguard Info Tech ETF 0.12% 389 $290K Reduce -20.4%
ITW Illinois Tool Works 0.12% 1,105 $288K Add +0.1%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.12% 616 $286K Add +0.5%
COP Conocophillips 0.11% 2,927 $277K Add +1.6%
UTZ Utz Brands Inc. 0.11% 22,766 $277K Reduce -3.0%
AMH American Homes 4 Rent- A 0.11% 8,187 $272K Add +1.6%
KVUE Kenvue Inc. 0.11% 16,663 $270K Add +0.1%
HTLD Heartland Express Inc. 0.11% 32,067 $269K Reduce -2.5%
PWV Invesco Large Cap Value ETF 0.11% 4,095 $267K No change
PM Philip Morris International 0.11% 1,622 $263K No change
TSM Taiwan Semiconductor-SP ADR 0.10% 913 $255K No change
ADI Analog Devices Inc. 0.10% 995 $245K Add +2.0%
WDC Western Digital Corp. 0.10% 1,952 $234K New
C Citigroup Inc. 0.10% 2,294 $233K New
DOW Dow Inc. 0.09% 10,000 $229K No change
YFYA Yields for You Income Strate 0.09% 23,055 $227K New
WFC Wells Fargo & Co. 0.09% 2,698 $226K Add +2.9%
DLR Digital Realty Trust Inc. 0.09% 1,271 $220K Add +0.9%
UBSI United Bankshares Inc. 0.09% 5,674 $211K Add +0.8%
USB US Bancorp 0.09% 4,336 $210K New
NEWT Newtekone Inc. 0.08% 16,185 $185K Reduce -36.7%
PFLT Pennantpark Floating Rate Ca 0.07% 18,315 $163K Reduce -7.9%
NAD Nuveen Quality Municipal Inc. 0.06% 13,452 $157K Add +0.3%
IDN Intellicheck Inc. 0.03% 11,926 $62K No change
Other holdings (4): bonds, preferreds, convertibles and warrants · $198K (not counted above)
SecurityClassShares / PrincipalValueChange
HAEMONETICS CORP (HAE 0 03/01/26) NOTE 3/0 · principal 78,000$76KAdd +21.9%
RWT HOLDINGS INC (RWT 5.75 10/01/25) NOTE 5.750%10/0 · principal 63,000$63KNo change
REDWOOD TRUST INC (RWT 7.75 06/15/27) NOTE 7.750% 6/1 · principal 45,000$45KAdd +246.2%
CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) NOTE 0.625% 6/1 · principal 15,000$14KNo change

Total filed on the 13F, all lines: $244.5M.

Portfolio Sells Q2 2025 → Q3 2025
SKX Skechers USA Inc. Class A Sold out 0.00% −0.34
TWI Titan International Inc. Reduce -0.3% 0.73% −0.34
COST Costco Wholesale Corp. Reduce -1.2% 2.25% −0.30
CVS CVS Health Corp. Sold out 0.00% −0.20
BAX Baxter International Inc. Reduce -1.2% 0.44% −0.18
DEO Diageo PLC-Sponsored ADR Reduce -2.5% 1.08% −0.15
CTRA Coterra Energy Inc. Reduce -0.2% 0.64% −0.09
ELME Elme Communities Sold out 0.00% −0.07
GOOD Gladstone Commercial Corp. Reduce -4.2% 0.22% −0.06
NEWT Newtekone Inc. Reduce -36.7% 0.08% −0.05
GIS General Mills Inc. Reduce -0.6% 0.41% −0.03
SHEN Shenandoah Telecommunication Reduce -3.9% 0.21% −0.02
PFLT Pennantpark Floating Rate Ca Reduce -7.9% 0.07% −0.02
VGT Vanguard Info Tech ETF Reduce -20.4% 0.12% −0.02
LUV Southwest Airlines Co. Reduce -1.2% 0.20% −0.01
HTLD Heartland Express Inc. Reduce -2.5% 0.11% −0.01
UTZ Utz Brands Inc. Reduce -3.0% 0.11% −0.01
KIM Kimco Realty Corp. Reduce -4.5% 0.18% −0.01
O Realty Income Corp. Reduce -2.5% 0.20% −0.00
BSET Bassett Furniture Inds Reduce -0.1% 0.27% +0.01
MDT Medtronic PLC Reduce -0.5% 0.34% +0.01
FFIV F5 Inc. Reduce -0.2% 0.94% +0.03
GPC Genuine Parts Co. Reduce -0.4% 0.48% +0.04
KSS Kohls Corp. Reduce -0.5% 0.13% +0.05
ADM Archer-Daniels-Midland Co. Reduce -0.5% 0.69% +0.05

Portfolio Buys Q2 2025 → Q3 2025
HQY Healthequity Inc. New 1.06% +1.06
AAPL Apple Inc. Add +0.3% 3.96% +0.67
AMAT Applied Materials Inc. Add +4.3% 3.29% +0.31
GOOGL Alphabet Inc. Class A Add +0.0% 0.93% +0.21
VLO Valero Energy Corp. Add +1.5% 1.18% +0.21
GHC Graham Holdings Co. Class B Add +0.0% 1.41% +0.20
MRP Millrose Properties Add +40.3% 0.52% +0.19
BKE The Buckle Inc. Add +0.6% 0.85% +0.16
CAT Caterpillar Inc. Add +0.6% 1.00% +0.16
LHX L3HARRIS Technologies Inc. Add +1.2% 0.98% +0.15
CASY Casey's General Stores Inc. Add +0.4% 2.32% +0.14
CMI Cummins Inc. Add +0.1% 0.71% +0.13
GLW Corning Inc. New 0.12% +0.12
CSTM Constellium SE Add +0.4% 2.07% +0.12
WDC Western Digital Corp. New 0.10% +0.10
C Citigroup Inc. New 0.10% +0.10
LDOS Leidos Holdings Inc. Add +0.2% 0.71% +0.09
YFYA Yields for You Income Strate New 0.09% +0.09
USB US Bancorp New 0.09% +0.09
BAC Bank of America Corp. Add +0.3% 1.77% +0.07
FAST Fastenal Co. Add +1.3% 0.64% +0.07
JNJ Johnson & Johnson Add +0.3% 0.44% +0.06
RTX RTX Corp. Add +0.2% 0.65% +0.06
ENB Enbridge Inc. Add +0.2% 0.76% +0.05
LMT Lockheed Martin Corp. Add +0.3% 1.35% +0.05
AUB Atlantic Union Bankshares Co. Add +2.7% 0.49% +0.04
PG The Procter & Gamble Co. Add +51.2% 0.16% +0.04
PSX Phillips 66 Add +0.2% 0.52% +0.04
JPM JPMorgan Chase & Co. Add +0.3% 0.88% +0.04
CVX Chevron Corp. Add +6.8% 0.43% +0.04
HD Home Depot Inc. Add +0.8% 0.74% +0.04
SPG Simon Property Group Inc. Add +1.1% 0.30% +0.03
SYY Sysco Corp. Add +0.5% 0.73% +0.03
RYAAY Ryanair Holdings PLC-SP ADR Add +1.5% 1.63% +0.03
IOT Samsara Inc. Class A Add +26.2% 0.24% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +10.2% 0.23% +0.03
WMT Walmart Inc. Add +0.9% 1.57% +0.02
SBGI Sinclair Inc. Add +0.1% 0.36% +0.02
MSM MSC Industrial Direct Co. Class A Add +0.8% 0.56% +0.02
LEN Lennar Corp. Class A Add +1.2% 0.16% +0.01
AJG Arthur J Gallagher & Co. Add +22.1% 0.12% +0.01
TSCO Tractor Supply Company Add +2.0% 0.21% +0.01
TROW T Rowe Price Group Inc. Add +1.4% 0.44% +0.01
RNR Renaissancere Holdings Ltd. Add +6.6% 0.18% +0.01
CTAS Cintas Corp. Add +20.5% 0.17% +0.01
PFE Pfizer Inc. Add +5.1% 0.19% +0.01
SNA Snap-on Inc. Add +0.4% 0.14% +0.01
ETN Eaton Corp. PLC Add +5.8% 0.13% +0.01
WEC WEC Energy Group Inc. Add +0.3% 0.14% +0.01
FVD First Trust Value Line DVD Add +5.9% 0.15% +0.01

Notes & Other Activity Q2 2025 → Q3 2025
HAEMONETICS CORP (HAE 0 03/01/26) NOTE 3/0 · principal Add +21.9% 78,000 $76K
REDWOOD TRUST INC (RWT 7.75 06/15/27) NOTE 7.750% 6/1 · principal Add +246.2% 45,000 $45K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 178$318.5MAMAT, BRK.B, AAPL, MSFT, CSTM
Q1 2026 171$264.9MAMAT, BRK.B, MSFT, AAPL, CSTM
Q4 2025 163$249.1MBRK.B, MSFT, AAPL, AMAT, MAR
Q3 2025 160$244.3MMSFT, BRK.B, AAPL, AMAT, MAR
Q2 2025 157$231.8MMSFT, BRK.B, AAPL, AMAT, INTU
Q1 2025 152$211.5MBRK.B, MSFT, AAPL, COST, AMAT
Q4 2024 150$212.7MBRK.B, MSFT, AAPL, MAR, AMAT
Q3 2024 149$211.2MBRK.B, MSFT, AAPL, MAR, COST
Q2 2024 148$195.3MMSFT, BRK.B, AAPL, CSTM, AMAT
Q1 2024 130$175.3MBRK.B, MSFT, AAPL, CSTM, INTU