Blackhawk Capital Partners, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Blackhawk Capital Partners, LLC reported 127 stock positions worth $194.1 million. Its top holding was Vanguard Short-Term Treasury (VGSH) at 5.3% of the portfolio, followed by Meta Platforms Class A (META, 4.6%) and Apple (AAPL, 4.4%). Compared with Q4 2024, it opened 30 new positions, sold out of 26, added to 42 and reduced 49. The biggest buy was Vanguard Short-Term Treasury (VGSH, shares +225%) and the biggest sale an exit from Schwab Short-Term US Treas (SCHO).
- Most Recent 13F
- Q2 2026
- Location
- THIENSVILLE, WI
- CIK
- 0001582561
- Portfolio Value
- $194.1M (Q1 2025)
- SEC Filing
- 0001104659-25-041951 ↗ filed Apr 30, 2025
Holdings Value
Holdings 127 stocks · $194.1M
| VGSH Vanguard Short-Term Treasury | 5.31% | 175,774 | $10.3M | Add +225.4% |
| META Meta Platforms Inc. Class A | 4.64% | 15,642 | $9.0M | Add +3.0% |
| AAPL Apple Inc. | 4.43% | 38,680 | $8.6M | Add +1.6% |
| LLY Eli Lilly & Co. | 3.62% | 8,516 | $7.0M | Add +41.6% |
| JAAA Janus Henderson Aaa Clo ETF | 3.25% | 124,541 | $6.3M | Add +45.1% |
| MSFT Microsoft Corp. | 3.24% | 16,746 | $6.3M | Add +25.8% |
| AMZN Amazon.com Inc. | 2.85% | 29,110 | $5.5M | Add +24.4% |
| NVDA Nvidia Corp. | 2.60% | 46,491 | $5.0M | Add +56.0% |
| GOOGL Alphabet Inc. Class A | 2.49% | 31,244 | $4.8M | Add +8.4% |
| TSM Taiwan Semiconductor-SP ADR | 1.98% | 23,173 | $3.8M | Add +24.8% |
| ABT Abbott Laboratories | 1.89% | 27,600 | $3.7M | Add +3.5% |
| FTSL First Trust Senior Loan ETF | 1.65% | 70,272 | $3.2M | Reduce -3.5% |
| FIXD First Trust Smith Opportunis | 1.54% | 67,999 | $3.0M | Reduce -0.9% |
| VZ Verizon Communications Inc. | 1.51% | 64,786 | $2.9M | Add +745.1% |
| FMB First Trust Managed Municipa | 1.47% | 56,730 | $2.9M | Add +7.8% |
| WDAY Workday Inc. Class A | 1.39% | 11,537 | $2.7M | Add +6.9% |
| XOM Exxon Mobil Corp. | 1.38% | 22,579 | $2.7M | Reduce -32.5% |
| SCHP Schwab U.S. Tips ETF | 1.34% | 96,985 | $2.6M | New |
| NFLX Netflix Inc. | 1.34% | 2,793 | $2.6M | Add +9.1% |
| V Visa Inc. Class A | 1.33% | 7,370 | $2.6M | Add +1.0% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.32% | 23,563 | $2.6M | New |
| EXPE Expedia Group Inc. | 1.25% | 14,416 | $2.4M | Add +7.6% |
| BEN Franklin Templeton Inc. | 1.24% | 125,017 | $2.4M | Reduce -2.7% |
| CNM Core & Main Inc. Class A | 1.21% | 48,696 | $2.4M | Add +7.1% |
| ABBV Abbvie Inc. | 1.21% | 11,193 | $2.3M | Reduce -0.7% |
| CVX Chevron Corp. | 1.15% | 13,356 | $2.2M | Reduce -8.2% |
| ASML ASML Holding NV-NY Reg SHS | 1.11% | 3,243 | $2.1M | Add +279.3% |
| UBER Uber Technologies Inc. | 1.09% | 29,162 | $2.1M | New |
| O Realty Income Corp. | 1.07% | 35,815 | $2.1M | Reduce -24.5% |
| IBKR Interactive Brokers Gro Class A | 1.05% | 12,308 | $2.0M | Add +28.2% |
| TLT iShares 20+ Year Treasury BD | 0.98% | 20,906 | $1.9M | New |
| DEED First Trust Securitized Plus | 0.96% | 87,760 | $1.9M | New |
| AMCR Amcor PLC | 0.92% | 183,960 | $1.8M | Reduce -19.7% |
| SMCI Super Micro Computer Inc. | 0.90% | 51,050 | $1.7M | New |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.87% | 62,135 | $1.7M | New |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.86% | 18,188 | $1.7M | New |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.84% | 13,725 | $1.6M | Reduce -10.7% |
| NBIX Neurocrine Biosciences Inc. | 0.83% | 14,521 | $1.6M | Add +48.6% |
| MCD McDonald's Corp. | 0.81% | 5,060 | $1.6M | Reduce -16.8% |
| BBY Best Buy Co. Inc. | 0.81% | 21,385 | $1.6M | New |
| FRT Federal Realty Invs Trust | 0.81% | 15,982 | $1.6M | Reduce -4.2% |
| TSLA Tesla Inc. | 0.80% | 5,967 | $1.5M | Add +3.8% |
| JNJ Johnson & Johnson | 0.73% | 8,524 | $1.4M | Add +409.5% |
| SWK Stanley Black & Decker Inc. | 0.73% | 18,371 | $1.4M | Reduce -8.0% |
| TDIV FT Nasdaq Tech DVD Index FD | 0.73% | 19,162 | $1.4M | Add +106.4% |
| PEP Pepsico Inc. | 0.71% | 9,205 | $1.4M | Reduce -5.2% |
| KVUE Kenvue Inc. | 0.67% | 54,561 | $1.3M | Reduce -26.9% |
| XEL Xcel Energy Inc. | 0.67% | 18,440 | $1.3M | Reduce -15.9% |
| SCHG Schwab US Large-Cap Growth | 0.67% | 52,008 | $1.3M | Add +63.8% |
| BWX SS SPDR BB Intl Treasury BD | 0.67% | 59,391 | $1.3M | New |
| KO The Coca-Cola Co. | 0.66% | 17,771 | $1.3M | Reduce -30.3% |
| WEC WEC Energy Group Inc. | 0.65% | 11,595 | $1.3M | Reduce -34.1% |
| TGT Target Corp. | 0.65% | 12,095 | $1.3M | New |
| NOC Northrop Grumman Corp. | 0.65% | 2,451 | $1.3M | Add +35.6% |
| ESS Essex Property Trust Inc. | 0.62% | 3,918 | $1.2M | Reduce -30.7% |
| SCHF Schwab Intl Equity ETF | 0.62% | 60,683 | $1.2M | Add +1.6% |
| CAT Caterpillar Inc. | 0.62% | 3,628 | $1.2M | New |
| NEE Nextera Energy Inc. | 0.60% | 16,485 | $1.2M | Add +0.7% |
| LNT Alliant Energy Corp. | 0.59% | 17,781 | $1.1M | Reduce -33.2% |
| SYY Sysco Corp. | 0.59% | 15,217 | $1.1M | Reduce -4.1% |
| PINS Pinterest Inc. Class A | 0.58% | 36,266 | $1.1M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.58% | 1,998 | $1.1M | No change |
| SCHX Schwab US Large-Cap ETF | 0.56% | 48,989 | $1.1M | Reduce -82.9% |
| EMB iShares JP Morgan Usd Emergi | 0.55% | 11,763 | $1.1M | New |
| CINF Cincinnati Financial Corp. | 0.51% | 6,717 | $992K | Reduce -2.7% |
| AVGO Broadcom Inc. | 0.49% | 5,671 | $949K | Reduce -27.2% |
| DGRW Wisdomtree U.S. Quality Divi | 0.45% | 11,019 | $880K | Reduce -42.8% |
| APD Air Products & Chemicals Inc. | 0.45% | 2,938 | $866K | Reduce -20.1% |
| ESTC Elastic NV | 0.44% | 9,596 | $855K | New |
| PAYC Paycom Software Inc. | 0.42% | 3,748 | $819K | Reduce -3.0% |
| AOS Smith (a.o.) Corp. | 0.41% | 12,301 | $804K | New |
| FTA First Trust L C Val Alp | 0.41% | 10,323 | $792K | Reduce -44.7% |
| BDX Becton Dickinson and Co. | 0.40% | 3,385 | $775K | Reduce -17.3% |
| FIX Comfort Systems USA Inc. | 0.40% | 2,403 | $775K | New |
| NKE Nike Inc. Class B | 0.36% | 10,916 | $693K | Reduce -6.8% |
| UCON First Trust Smith Unconstrai | 0.36% | 27,951 | $692K | Reduce -3.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.35% | 1,461 | $685K | Add +55.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.34% | 1,233 | $657K | Reduce -2.1% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.33% | 19,707 | $643K | Add +102.3% |
| NDSN Nordson Corp. | 0.30% | 2,902 | $585K | New |
| AFLG First Trust Active Factor La | 0.30% | 17,183 | $579K | New |
| VOO Vanguard S&P 500 ETF | 0.29% | 1,093 | $562K | Add +81.9% |
| IBIT iShares Bitcoin Trust ETF | 0.28% | 11,617 | $544K | Reduce -27.1% |
| AXON Axon Enterprise Inc. | 0.27% | 1,008 | $530K | No change |
| USB US Bancorp | 0.27% | 12,467 | $526K | Reduce -29.2% |
| CRM Salesforce Inc. | 0.27% | 1,940 | $521K | Reduce -5.5% |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | 0.25% | 15,951 | $492K | Reduce -0.3% |
| F Ford Motor Co. filed as FORD MTR CO | 0.24% | 47,254 | $474K | Add +42.6% |
| WBD Warner Bros Discovery Inc. | 0.23% | 42,448 | $455K | Reduce -1.8% |
| PWR Quanta Services Inc. | 0.23% | 1,756 | $446K | No change |
| GOOG Alphabet Inc. Class C | 0.23% | 2,820 | $441K | Reduce -21.4% |
| EMR Emerson Electric Co. | 0.23% | 3,990 | $437K | Reduce -3.5% |
| EVRG Evergy Inc. | 0.22% | 6,104 | $421K | Reduce -23.6% |
| FIS Fidelity National Info Serv | 0.22% | 5,612 | $419K | Reduce -6.0% |
| MOS The Mosaic Co. | 0.21% | 14,805 | $400K | Add +1.8% |
| EIX Edison International | 0.21% | 6,779 | $399K | New |
| BIIB Biogen Inc. | 0.20% | 2,789 | $382K | New |
| GD General Dynamics Corp. | 0.19% | 1,369 | $373K | Reduce -71.2% |
| BG Bunge Global SA | 0.19% | 4,817 | $368K | Add +28.4% |
| T AT&T Inc. | 0.18% | 12,633 | $357K | Reduce -3.1% |
Portfolio Sells Q4 2024 → Q1 2025
| SCHO Schwab Short-Term US Treas | Sold out | 0.00% | −3.48 |
| SCHX Schwab US Large-Cap ETF | Reduce -82.9% | 0.56% | −2.89 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −1.43 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −1.25 |
| KNSL Kinsale Capital Group Inc. | Sold out | 0.00% | −1.01 |
| FTSM First Trust Enh Short Mat FD | Sold out | 0.00% | −1.00 |
| HYLS FT Tactical High Yield ETF | Sold out | 0.00% | −0.98 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.78 |
| ECL Ecolab Inc. | Sold out | 0.00% | −0.77 |
| PEGA Pegasystems Inc. | Sold out | 0.00% | −0.77 |
| FTDR Frontdoor Inc. | Sold out | 0.00% | −0.72 |
| MA Mastercard Inc. Class A | Reduce -81.5% | 0.17% | −0.71 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.66 |
| FTCS First Trust Capital Strength | Sold out | 0.00% | −0.61 |
| FPE FT-Preferred Secur & Inc. ETF | Sold out | 0.00% | −0.58 |
| CWB SS SPDR BB Conv Sec ETF | Sold out | 0.00% | −0.54 |
| LHX L3HARRIS Technologies Inc. | Sold out | 0.00% | −0.50 |
| XOM Exxon Mobil Corp. | Reduce -32.5% | 1.38% | −0.48 |
| FXH First Trust Health Care Alph | Sold out | 0.00% | −0.47 |
| GD General Dynamics Corp. | Reduce -71.2% | 0.19% | −0.46 |
| AVGO Broadcom Inc. | Reduce -27.2% | 0.49% | −0.45 |
| BF.B Brown-Forman Corp. Class B | Sold out | 0.00% | −0.43 |
| BIO Bio-Rad Laboratories-A | Sold out | 0.00% | −0.37 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -42.8% | 0.45% | −0.35 |
| FTA First Trust L C Val Alp | Reduce -44.7% | 0.41% | −0.33 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.27 |
| O Realty Income Corp. | Reduce -24.5% | 1.07% | −0.24 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.24 |
| LNT Alliant Energy Corp. | Reduce -33.2% | 0.59% | −0.23 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.22 |
| ESS Essex Property Trust Inc. | Reduce -30.7% | 0.62% | −0.22 |
| WEC WEC Energy Group Inc. | Reduce -34.1% | 0.65% | −0.21 |
| AMCR Amcor PLC | Reduce -19.7% | 0.92% | −0.20 |
| KO The Coca-Cola Co. | Reduce -30.3% | 0.66% | −0.17 |
| USB US Bancorp | Reduce -29.2% | 0.27% | −0.17 |
| FRT Federal Realty Invs Trust | Reduce -4.2% | 0.81% | −0.16 |
| ISCV iShares Morningstar Small-Ca | Reduce -57.0% | 0.11% | −0.16 |
| IBIT iShares Bitcoin Trust ETF | Reduce -27.1% | 0.28% | −0.16 |
| KVUE Kenvue Inc. | Reduce -26.9% | 0.67% | −0.15 |
| TXT Textron Inc. | Sold out | 0.00% | −0.13 |
| GOOG Alphabet Inc. Class C | Reduce -21.4% | 0.23% | −0.13 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.12 |
| MAR Marriott International Class A | Sold out | 0.00% | −0.12 |
| UNM Unum Group | Sold out | 0.00% | −0.11 |
| BEN Franklin Templeton Inc. | Reduce -2.7% | 1.24% | −0.11 |
| APD Air Products & Chemicals Inc. | Reduce -20.1% | 0.45% | −0.11 |
| SWK Stanley Black & Decker Inc. | Reduce -8.0% | 0.73% | −0.10 |
| NKE Nike Inc. Class B | Reduce -6.8% | 0.36% | −0.10 |
| MCD McDonald's Corp. | Reduce -16.8% | 0.81% | −0.10 |
| XEL Xcel Energy Inc. | Reduce -15.9% | 0.67% | −0.09 |
Portfolio Buys Q4 2024 → Q1 2025
| VGSH Vanguard Short-Term Treasury | Add +225.4% | 5.31% | +3.69 |
| VZ Verizon Communications Inc. | Add +745.1% | 1.51% | +1.35 |
| SCHP Schwab U.S. Tips ETF | New | 1.34% | +1.34 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 1.32% | +1.32 |
| LLY Eli Lilly & Co. | Add +41.6% | 3.62% | +1.22 |
| UBER Uber Technologies Inc. | New | 1.09% | +1.09 |
| JAAA Janus Henderson Aaa Clo ETF | Add +45.1% | 3.25% | +1.00 |
| TLT iShares 20+ Year Treasury BD | New | 0.98% | +0.98 |
| DEED First Trust Securitized Plus | New | 0.96% | +0.96 |
| SMCI Super Micro Computer Inc. | New | 0.90% | +0.90 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | New | 0.87% | +0.87 |
| TROW T Rowe Price Group Inc. | New | 0.86% | +0.86 |
| BBY Best Buy Co. Inc. | New | 0.81% | +0.81 |
| ASML ASML Holding NV-NY Reg SHS | Add +279.3% | 1.11% | +0.80 |
| BWX SS SPDR BB Intl Treasury BD | New | 0.67% | +0.67 |
| TGT Target Corp. | New | 0.65% | +0.65 |
| CAT Caterpillar Inc. | New | 0.62% | +0.62 |
| JNJ Johnson & Johnson | Add +409.5% | 0.73% | +0.60 |
| PINS Pinterest Inc. Class A | New | 0.58% | +0.58 |
| EMB iShares JP Morgan Usd Emergi | New | 0.55% | +0.55 |
| NVDA Nvidia Corp. | Add +56.0% | 2.60% | +0.52 |
| ESTC Elastic NV | New | 0.44% | +0.44 |
| AOS Smith (a.o.) Corp. | New | 0.41% | +0.41 |
| FIX Comfort Systems USA Inc. | New | 0.40% | +0.40 |
| TDIV FT Nasdaq Tech DVD Index FD | Add +106.4% | 0.73% | +0.35 |
| MSFT Microsoft Corp. | Add +25.8% | 3.24% | +0.33 |
| ABT Abbott Laboratories | Add +3.5% | 1.89% | +0.32 |
| NDSN Nordson Corp. | New | 0.30% | +0.30 |
| AFLG First Trust Active Factor La | New | 0.30% | +0.30 |
| SCHG Schwab US Large-Cap Growth | Add +63.8% | 0.67% | +0.21 |
| NOC Northrop Grumman Corp. | Add +35.6% | 0.65% | +0.21 |
| EIX Edison International | New | 0.21% | +0.21 |
| BIIB Biogen Inc. | New | 0.20% | +0.20 |
| AMZN Amazon.com Inc. | Add +24.4% | 2.85% | +0.19 |
| VICI Vici Properties Inc. | Add +102.3% | 0.33% | +0.18 |
| OXY Occidental Petroleum Corp. | New | 0.18% | +0.18 |
| IBKR Interactive Brokers Gro Class A | Add +28.2% | 1.05% | +0.17 |
| NFLX Netflix Inc. | Add +9.1% | 1.34% | +0.16 |
| PCG P G & E Corp. | New | 0.15% | +0.15 |
| FLUT Flutter Entertainment PLC-Di | New | 0.15% | +0.15 |
| PFG Principal Financial Group | New | 0.14% | +0.14 |
| V Visa Inc. Class A | Add +1.0% | 1.33% | +0.14 |
| NBIX Neurocrine Biosciences Inc. | Add +48.6% | 0.83% | +0.14 |
| VIOO Vanguard S&P Small-Cap 600 E | New | 0.13% | +0.13 |
| VOO Vanguard S&P 500 ETF | Add +81.9% | 0.29% | +0.12 |
| TMO Thermo Fisher Scientific Inc. | New | 0.12% | +0.12 |
| CBRE CBRE Group Inc. Class A | New | 0.11% | +0.11 |
| QQQ Invesco QQQ Trust Series 1 | Add +55.4% | 0.35% | +0.10 |
| WCMI FT WCM International ETF | New | 0.10% | +0.10 |
| FMB First Trust Managed Municipa | Add +7.8% | 1.47% | +0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 146 | $306.1M | SCHX, AAPL, NVDA, GOOGL, META |
| Q1 2026 | 141 | $272.5M | SCHO, VGSH, AAPL, META, NVDA |
| Q4 2025 | 149 | $266.3M | SCHX, META, AAPL, GOOGL, NVDA |
| Q3 2025 | 152 | $257.0M | SCHX, META, AAPL, MSFT, NVDA |
| Q2 2025 | 128 | $216.8M | SCHX, META, MSFT, AAPL, NVDA |
| Q1 2025 | 127 | $194.1M | VGSH, META, AAPL, LLY, JAAA |
| Q4 2024 | 123 | $193.1M | AAPL, META, SCHO, SCHX, MSFT |
| Q3 2024 | 129 | $187.2M | AAPL, META, SCHX, MSFT, GOOGL |
| Q2 2024 | 105 | $165.7M | AAPL, META, SCHX, MSFT, GOOGL |
| Q1 2024 | 100 | $160.3M | META, AAPL, SCHX, GOOGL, MSFT |