Campbell & CO Investment Adviser LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), Campbell & CO Investment Adviser LLC reported 1,050 stock positions worth $1.3 billion. Its top holding was Wheaton Precious Metals (WPM) at 0.9% of the portfolio, followed by Rio Tinto PLC-Spon ADR (RIO, 0.7%) and Sprouts Farmers Market (SFM, 0.7%). Compared with Q2 2025, it opened 334 new positions, sold out of 384, added to 267 and reduced 449. The biggest buy was a new position in Wheaton Precious Metals (WPM) and the biggest sale Bank of Montreal (BMO, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- BALTIMORE, MD
- CIK
- 0001353570
- Portfolio Value
- $1.3B (Q3 2025)
- SEC Filing
- 0001140361-25-039554 ↗ filed Oct 28, 2025
Holdings Value
Holdings 1,050 stocks · $1.3B
| WPM Wheaton Precious Metals Corp. | 0.86% | 101,528 | $11.4M | New |
| RIO Rio Tinto PLC-Spon ADR | 0.72% | 144,553 | $9.5M | Add +479.6% |
| SFM Sprouts Farmers Market Inc. | 0.71% | 85,835 | $9.3M | New |
| PTC PTC Inc. | 0.62% | 40,450 | $8.2M | New |
| AEM Agnico Eagle Mines Ltd. | 0.62% | 48,677 | $8.2M | Add +1560.8% |
| OGE Oge Energy Corp. | 0.62% | 177,172 | $8.2M | New |
| PAYX Paychex Inc. | 0.61% | 64,090 | $8.1M | New |
| CMS CMS Energy Corp. | 0.58% | 104,094 | $7.6M | Add +112.1% |
| RGLD Royal Gold Inc. | 0.53% | 35,119 | $7.0M | Add +576.4% |
| LOGI Logitech International-Reg | 0.52% | 62,490 | $6.8M | Add +820.6% |
| BEN Franklin Templeton Inc. | 0.50% | 288,518 | $6.7M | Add +1669.2% |
| META Meta Platforms Inc. Class A | 0.49% | 8,849 | $6.5M | Add +254.1% |
| GPK Graphic Packaging Holding Co. | 0.46% | 313,082 | $6.1M | Add +67.5% |
| KMI Kinder Morgan Inc. | 0.46% | 214,970 | $6.1M | Add +1752.5% |
| PAAS Pan American Silver Corp. | 0.44% | 151,801 | $5.9M | Add +363.2% |
| AMZN Amazon.com Inc. | 0.44% | 26,752 | $5.9M | Add +1892.0% |
| BMY Bristol-Myers Squibb Co. | 0.44% | 128,750 | $5.8M | Add +199.4% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.44% | 12,697 | $5.8M | New |
| ORLY O'reilly Automotive Inc. | 0.44% | 53,516 | $5.8M | Add +146.8% |
| ISRG Intuitive Surgical Inc. | 0.43% | 12,600 | $5.6M | Add +177.2% |
| GSHD Goosehead Insurance Inc. Class A | 0.41% | 72,322 | $5.4M | New |
| MSFT Microsoft Corp. | 0.40% | 10,233 | $5.3M | New |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.40% | 153,954 | $5.3M | Add +230.7% |
| NFLX Netflix Inc. | 0.40% | 4,396 | $5.3M | Reduce -39.8% |
| SHEL Shell PLC-ADR | 0.39% | 73,029 | $5.2M | Add +741.9% |
| AIT Applied Industrial Tech Inc. | 0.39% | 20,008 | $5.2M | Reduce -12.8% |
| WWD Woodward Inc. | 0.39% | 20,431 | $5.2M | Add +288.4% |
| NVDA Nvidia Corp. | 0.39% | 27,513 | $5.1M | New |
| SANM Sanmina Corp. | 0.38% | 44,010 | $5.1M | New |
| AGI Alamos Gold Inc. Class A | 0.37% | 141,326 | $4.9M | Add +1089.3% |
| HPQ HP Inc. | 0.37% | 178,737 | $4.9M | Reduce -53.3% |
| JCI Johnson Controls Internation | 0.36% | 43,876 | $4.8M | Reduce -66.0% |
| PAG Penske Automotive Group Inc. | 0.36% | 27,481 | $4.8M | Add +296.3% |
| ZM Zoom Communications Inc. | 0.36% | 57,031 | $4.7M | Reduce -38.0% |
| OZK Bank Ozk | 0.35% | 90,756 | $4.6M | Add +20.8% |
| ADI Analog Devices Inc. | 0.35% | 18,825 | $4.6M | New |
| PSX Phillips 66 | 0.34% | 33,565 | $4.6M | Add +53.3% |
| RY Royal Bank of Canada | 0.34% | 30,594 | $4.5M | Reduce -52.6% |
| ROP Roper Technologies Inc. | 0.34% | 8,921 | $4.4M | New |
| TMUS T-Mobile US Inc. | 0.34% | 18,548 | $4.4M | Reduce -17.9% |
| ROK Rockwell Automation Inc. | 0.33% | 12,665 | $4.4M | Reduce -22.9% |
| LCII Lci Industries | 0.33% | 47,423 | $4.4M | Add +424.5% |
| HUBB Hubbell Inc. | 0.33% | 10,171 | $4.4M | New |
| LOPE Grand Canyon Education Inc. | 0.33% | 19,861 | $4.4M | Add +26.1% |
| HALO Halozyme Therapeutics Inc. | 0.33% | 59,403 | $4.4M | Add +549.0% |
| DOV Dover Corp. | 0.33% | 26,056 | $4.3M | Reduce -42.7% |
| FTI Technipfmc PLC | 0.33% | 109,402 | $4.3M | Add +785.3% |
| SKYW Skywest Inc. | 0.32% | 42,317 | $4.3M | Add +47.1% |
| TME Tencent Music Entertainm-ADR | 0.32% | 182,388 | $4.3M | New |
| TEAM Atlassian Corp. Class A | 0.32% | 26,652 | $4.3M | Add +117.5% |
| LNG Cheniere Energy Inc. | 0.32% | 17,930 | $4.2M | New |
| LEA Lear Corp. | 0.32% | 41,777 | $4.2M | Add +128.6% |
| CENX Century Aluminum Company | 0.32% | 143,144 | $4.2M | Add +620.8% |
| ZBRA Zebra Technologies Corp. Class A | 0.32% | 14,088 | $4.2M | New |
| HOLX Hologic Inc. | 0.32% | 61,780 | $4.2M | New |
| WWW Wolverine World Wide Inc. | 0.31% | 150,974 | $4.1M | New |
| FERG Ferguson Enterprises Inc. | 0.31% | 18,418 | $4.1M | New |
| EBAY eBay Inc. | 0.31% | 45,027 | $4.1M | Add +17.5% |
| DSGX The Descartes Systems Grp | 0.31% | 43,205 | $4.1M | Add +375.7% |
| CSCO Cisco Systems Inc. | 0.31% | 59,267 | $4.1M | Add +1662.3% |
| NTR Nutrien Ltd. | 0.30% | 68,124 | $4.0M | Add +122.1% |
| ANET Arista Networks Inc. | 0.29% | 26,780 | $3.9M | Add +29.1% |
| TT Trane Technologies PLC | 0.29% | 9,238 | $3.9M | New |
| PB Prosperity Bancshares Inc. | 0.29% | 58,092 | $3.9M | Reduce -16.0% |
| FCN Fti Consulting Inc. | 0.29% | 23,535 | $3.8M | Add +350.9% |
| AER Aercap Holdings NV | 0.29% | 31,352 | $3.8M | Reduce -64.4% |
| DHR Danaher Corp. | 0.29% | 19,053 | $3.8M | New |
| TRUP Trupanion Inc. | 0.28% | 87,143 | $3.8M | New |
| HBAN Huntington Bancshares Inc. | 0.28% | 216,921 | $3.7M | New |
| MU Micron Technology Inc. | 0.28% | 22,091 | $3.7M | Add +293.8% |
| VIRT Virtu Financial Inc. Class A | 0.28% | 103,999 | $3.7M | Add +377.6% |
| NDAQ Nasdaq Inc. | 0.27% | 40,941 | $3.6M | New |
| BR Broadridge Financial Solutio | 0.27% | 15,163 | $3.6M | New |
| ITGR Integer Holdings Corp. | 0.27% | 34,280 | $3.5M | Add +65.8% |
| STLD Steel Dynamics Inc. | 0.27% | 25,287 | $3.5M | Add +76.1% |
| TRI Thomson Reuters Corp. | 0.27% | 22,590 | $3.5M | New |
| CPAY Corpay Inc. | 0.26% | 12,044 | $3.5M | New |
| USB US Bancorp | 0.26% | 71,515 | $3.5M | Add +106.0% |
| TW Tradeweb Markets Inc. Class A | 0.26% | 30,667 | $3.4M | New |
| SCHW Schwab (charles) Corp. | 0.26% | 35,400 | $3.4M | Reduce -51.6% |
| UGI Ugi Corp. | 0.26% | 101,584 | $3.4M | New |
| PFE Pfizer Inc. | 0.26% | 132,524 | $3.4M | Add +824.7% |
| VALE Vale SA-SP ADR | 0.25% | 308,126 | $3.3M | Add +493.9% |
| UBS UBS Group AG-Reg | 0.25% | 81,636 | $3.3M | Reduce -31.9% |
| LVS Las Vegas Sands Corp. | 0.25% | 61,877 | $3.3M | New |
| BYD Boyd Gaming Corp. | 0.25% | 38,302 | $3.3M | Add +30.9% |
| FLO Flowers Foods Inc. | 0.25% | 253,542 | $3.3M | Add +249.8% |
| AME Ametek Inc. | 0.25% | 17,560 | $3.3M | Add +6.0% |
| FSS Federal Signal Corp. | 0.25% | 27,549 | $3.3M | Add +211.4% |
| TCBI Texas Capital Bancshares Inc. | 0.25% | 38,736 | $3.3M | Add +61.3% |
| AVGO Broadcom Inc. | 0.24% | 9,572 | $3.2M | Add +11.8% |
| DNLI Denali Therapeutics Inc. | 0.24% | 216,774 | $3.1M | Add +51.9% |
| HOMB Home Bancshares Inc. | 0.24% | 110,616 | $3.1M | Reduce -46.0% |
| SXT Sensient Technologies Corp. | 0.23% | 32,994 | $3.1M | New |
| BLD Topbuild Corp. | 0.23% | 7,906 | $3.1M | Add +697.8% |
| DDOG Datadog Inc. Class A | 0.23% | 21,647 | $3.1M | New |
| NTAP Netapp Inc. | 0.23% | 25,991 | $3.1M | Reduce -34.8% |
| ASH Ashland Inc. | 0.23% | 64,022 | $3.1M | New |
| RNG Ringcentral Inc. Class A | 0.23% | 106,728 | $3.0M | Reduce -3.4% |
| AZN Astrazeneca PLC-Spons ADR | 0.23% | 38,817 | $3.0M | Add +12.7% |
Portfolio Sells Q2 2025 → Q3 2025
| BMO Bank of Montreal | Reduce -96.8% | 0.03% | −0.69 |
| AL Sumisho Air Lease Corp. | Sold out | 0.00% | −0.56 |
| IBN Icici Bank Ltd.-Spon ADR | Sold out | 0.00% | −0.50 |
| JCI Johnson Controls Internation | Reduce -66.0% | 0.36% | −0.49 |
| HWM Howmet Aerospace Inc. | Sold out | 0.00% | −0.47 |
| AVNT Avient Corp. | Reduce -93.0% | 0.04% | −0.45 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.41 |
| BKH Black Hills Corp. | Sold out | 0.00% | −0.40 |
| ITW Illinois Tool Works | Reduce -80.2% | 0.13% | −0.40 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.38 |
| PNFP Pinnacle Financial Partners | Reduce -88.4% | 0.05% | −0.37 |
| AER Aercap Holdings NV | Reduce -64.4% | 0.29% | −0.36 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.35 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.35 |
| MCD McDonald's Corp. | Reduce -91.3% | 0.04% | −0.35 |
| AVT Avnet Inc. | Sold out | 0.00% | −0.34 |
| TDY Teledyne Technologies Inc. | Reduce -84.7% | 0.09% | −0.34 |
| BMI Badger Meter Inc. | Sold out | 0.00% | −0.34 |
| BWA Borgwarner Inc. | Sold out | 0.00% | −0.34 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.33 |
| RBLX Roblox Corp. Class A | Reduce -95.8% | 0.02% | −0.33 |
| ASX Ase Technology Holding -ADR | Reduce -83.7% | 0.09% | −0.33 |
| SNA Snap-on Inc. | Reduce -87.9% | 0.06% | −0.33 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.33 |
| ALSN Allison Transmission Holding | Reduce -81.9% | 0.08% | −0.31 |
| PEN Penumbra Inc. | Sold out | 0.00% | −0.31 |
| SSB Southstate Bank Corp. | Reduce -82.5% | 0.09% | −0.30 |
| KBH KB Home | Sold out | 0.00% | −0.30 |
| EMN Eastman Chemical Co. | Sold out | 0.00% | −0.30 |
| VCYT Veracyte Inc. | Sold out | 0.00% | −0.30 |
| PFSI Pennymac Financial Services | Sold out | 0.00% | −0.30 |
| TEL Te Connectivity PLC | Reduce -82.3% | 0.11% | −0.29 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -91.6% | 0.03% | −0.29 |
| XYL Xylem Inc. | Reduce -72.8% | 0.17% | −0.28 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.28 |
| ONB Old National Bancorp | Sold out | 0.00% | −0.28 |
| TU Telus Corp. | Reduce -90.1% | 0.04% | −0.28 |
| NSP Insperity Inc. | Sold out | 0.00% | −0.27 |
| HRB H&R Block Inc. | Reduce -86.9% | 0.04% | −0.27 |
| AWI Armstrong World Industries | Reduce -88.8% | 0.05% | −0.26 |
| GWW WW Grainger Inc. | Sold out | 0.00% | −0.26 |
| AXTA Axalta Coating Systems Ltd. | Reduce -83.8% | 0.06% | −0.25 |
| BOX Box Inc. Class A | Sold out | 0.00% | −0.25 |
| RPM RPM International Inc. | Reduce -80.7% | 0.08% | −0.25 |
| WSO Watsco Inc. | Sold out | 0.00% | −0.25 |
| FDS Factset Research Systems Inc. | Reduce -73.8% | 0.06% | −0.25 |
| ENOV Enovis Corp. | Sold out | 0.00% | −0.24 |
| MGY Magnolia Oil & Gas Corp. Class A | Reduce -83.3% | 0.06% | −0.24 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.24 |
| FOLD Amicus Therapeutics Inc. | Sold out | 0.00% | −0.24 |
Portfolio Buys Q2 2025 → Q3 2025
| WPM Wheaton Precious Metals Corp. | New | 0.86% | +0.86 |
| SFM Sprouts Farmers Market Inc. | New | 0.71% | +0.71 |
| RIO Rio Tinto PLC-Spon ADR | Add +479.6% | 0.72% | +0.63 |
| PTC PTC Inc. | New | 0.62% | +0.62 |
| OGE Oge Energy Corp. | New | 0.62% | +0.62 |
| PAYX Paychex Inc. | New | 0.61% | +0.61 |
| AEM Agnico Eagle Mines Ltd. | Add +1560.8% | 0.62% | +0.60 |
| BEN Franklin Templeton Inc. | Add +1669.2% | 0.50% | +0.48 |
| LOGI Logitech International-Reg | Add +820.6% | 0.52% | +0.48 |
| RGLD Royal Gold Inc. | Add +576.4% | 0.53% | +0.47 |
| KMI Kinder Morgan Inc. | Add +1752.5% | 0.46% | +0.44 |
| ALNY Alnylam Pharmaceuticals Inc. | New | 0.44% | +0.44 |
| AMZN Amazon.com Inc. | Add +1892.0% | 0.44% | +0.43 |
| GSHD Goosehead Insurance Inc. Class A | New | 0.41% | +0.41 |
| MSFT Microsoft Corp. | New | 0.40% | +0.40 |
| NVDA Nvidia Corp. | New | 0.39% | +0.39 |
| PAAS Pan American Silver Corp. | Add +363.2% | 0.44% | +0.39 |
| SANM Sanmina Corp. | New | 0.38% | +0.38 |
| META Meta Platforms Inc. Class A | Add +254.1% | 0.49% | +0.37 |
| CMS CMS Energy Corp. | Add +112.1% | 0.58% | +0.36 |
| SHEL Shell PLC-ADR | Add +741.9% | 0.39% | +0.36 |
| AGI Alamos Gold Inc. Class A | Add +1089.3% | 0.37% | +0.35 |
| ADI Analog Devices Inc. | New | 0.35% | +0.35 |
| ROP Roper Technologies Inc. | New | 0.34% | +0.34 |
| HUBB Hubbell Inc. | New | 0.33% | +0.33 |
| TME Tencent Music Entertainm-ADR | New | 0.32% | +0.32 |
| LNG Cheniere Energy Inc. | New | 0.32% | +0.32 |
| ZBRA Zebra Technologies Corp. Class A | New | 0.32% | +0.32 |
| HOLX Hologic Inc. | New | 0.32% | +0.32 |
| BMY Bristol-Myers Squibb Co. | Add +199.4% | 0.44% | +0.31 |
| WWW Wolverine World Wide Inc. | New | 0.31% | +0.31 |
| ORLY O'reilly Automotive Inc. | Add +146.8% | 0.44% | +0.31 |
| FERG Ferguson Enterprises Inc. | New | 0.31% | +0.31 |
| WWD Woodward Inc. | Add +288.4% | 0.39% | +0.31 |
| SLB SLB Ltd. | Add +230.7% | 0.40% | +0.30 |
| FTI Technipfmc PLC | Add +785.3% | 0.33% | +0.30 |
| HALO Halozyme Therapeutics Inc. | Add +549.0% | 0.33% | +0.30 |
| CENX Century Aluminum Company | Add +620.8% | 0.32% | +0.29 |
| TT Trane Technologies PLC | New | 0.29% | +0.29 |
| CSCO Cisco Systems Inc. | Add +1662.3% | 0.31% | +0.29 |
| PAG Penske Automotive Group Inc. | Add +296.3% | 0.36% | +0.29 |
| DHR Danaher Corp. | New | 0.29% | +0.29 |
| TRUP Trupanion Inc. | New | 0.28% | +0.28 |
| HBAN Huntington Bancshares Inc. | New | 0.28% | +0.28 |
| LCII Lci Industries | Add +424.5% | 0.33% | +0.28 |
| NDAQ Nasdaq Inc. | New | 0.27% | +0.27 |
| BR Broadridge Financial Solutio | New | 0.27% | +0.27 |
| ISRG Intuitive Surgical Inc. | Add +177.2% | 0.43% | +0.27 |
| TRI Thomson Reuters Corp. | New | 0.27% | +0.27 |
| CPAY Corpay Inc. | New | 0.26% | +0.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,005 | $1.9B | HLT, PBR, DAR, HIG, ATO |
| Q1 2026 | 1,013 | $1.8B | BNS, SHEL, ITW, WMB, GOOGL |
| Q4 2025 | 1,096 | $2.1B | ITT, LNG, URI, BHP, CFR |
| Q3 2025 | 1,050 | $1.3B | WPM, RIO, SFM, PTC, AEM |
| Q2 2025 | 1,100 | $1.6B | JCI, BMO, AER, NFLX, HPQ |
| Q1 2025 | 992 | $1.3B | CAH, LH, JHG, SYF, SNY |
| Q4 2024 | 1,017 | $1.3B | ICE, FAST, NVS, HCA, SCHW |
| Q3 2024 | 1,056 | $1.3B | WDAY, PEP, MSCI, APH, EG |
| Q2 2024 | 1,005 | $1.2B | KR, COST, GPN, TRMB, LLY |
| Q1 2024 | 1,067 | $1.2B | URI, PH, TEL, NOV, RVTY |