D L Carlson Investment Group Inc.

Name: D L CARLSON INVESTMENT GROUP INC 13F holdings, Q4 2024
Creator: D L CARLSON INVESTMENT GROUP INC
Published: 2025-02-12

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), D L Carlson Investment Group Inc. reported 147 stock positions worth $561.1 million. Its top holding was Schwab US Broad Market ETF (SCHB) at 11.1% of the portfolio, followed by iShares Intermediate Governm (GVI, 6.8%) and Apple (AAPL, 4.6%). Compared with Q3 2024, it opened 10 new positions, sold out of 8, added to 51 and reduced 77. The biggest buy was Reddit Class A (RDDT, shares +0%) and the biggest sale an exit from Tesla (TSLA).

Most Recent 13F: Q2 2026
Location: CONCORD, NH
CIK: 0001021117
Portfolio Value: $561.1M (Q4 2024)
SEC Filing: 0001021117-25-000001 ↗ filed Feb 12, 2025

Holdings Value

Holdings 147 stocks · $561.1M


SCHB Schwab US Broad Market ETF	11.11%	2,744,912	$62.3M	Add +5.2%
GVI iShares Intermediate Governm	6.82%	366,923	$38.2M	Add +3.3%
AAPL Apple Inc.	4.57%	102,500	$25.7M	Reduce -1.8%
MSFT Microsoft Corp.	4.11%	54,757	$23.1M	Add +1.2%
GOOGL Alphabet Inc. Class A	3.32%	98,400	$18.6M	Reduce -1.0%
NVDA Nvidia Corp.	3.12%	130,451	$17.5M	Add +10.6%
AMZN Amazon.com Inc.	3.11%	79,508	$17.4M	Add +1.5%
IGSB iShares 1-5Y Inv Grade Corp.	2.17%	235,820	$12.2M	Add +3.1%
XLE SS Energy Select Sector	1.79%	117,551	$10.1M	Reduce -0.4%
RDDT Reddit Inc. Class A	1.68%	57,711	$9.4M	Add +0.0%
JPM JPMorgan Chase & Co.	1.68%	39,233	$9.4M	Add +2.5%
EFA iShares MSCI Eafe ETF	1.61%	119,623	$9.0M	Add +1.0%
META Meta Platforms Inc. Class A	1.54%	14,800	$8.7M	Reduce -2.0%
PLTR Palantir Technologies Inc. Class A	1.54%	114,532	$8.7M	Reduce -36.1%
ISRG Intuitive Surgical Inc.	1.43%	15,421	$8.0M	Reduce -3.4%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F	1.31%	145,160	$7.4M	Add +10.9%
HPE Hewlett Packard Enterprise	1.31%	342,995	$7.3M	Reduce -1.1%
FISV Fiserv Inc.	1.28%	34,968	$7.2M	Reduce -0.5%
BRK.B Berkshire Hathaway Inc. Class B	1.18%	14,611	$6.6M	Reduce -9.1%
IGIB iShares 5-10Y Inv Grade Corp.	1.11%	121,411	$6.3M	Add +24.6%
PG The Procter & Gamble Co.	1.05%	35,230	$5.9M	Reduce -1.9%
GEV GE Vernova Inc.	1.03%	17,538	$5.8M	Reduce -0.6%
RTX RTX Corp.	1.02%	49,621	$5.7M	Reduce -2.7%
PFF iShares Preferred & Income S	1.00%	179,157	$5.6M	Reduce -1.1%
CRM Salesforce Inc.	0.97%	16,343	$5.5M	Reduce -1.7%
NFLX Netflix Inc.	0.96%	6,039	$5.4M	Add +3.9%
JNJ Johnson & Johnson	0.90%	34,945	$5.1M	Reduce -0.3%
TXN Texas Instruments Inc.	0.84%	25,235	$4.7M	Reduce -1.3%
GE General Electric filed as GE AEROSPACE	0.81%	27,337	$4.6M	Reduce -3.2%
BX Blackstone Inc.	0.80%	26,166	$4.5M	Reduce -1.4%
XOM Exxon Mobil Corp.	0.80%	41,527	$4.5M	Add +2.6%
UNH Unitedhealth Group Inc.	0.78%	8,689	$4.4M	Reduce -22.5%
WELL Welltower Inc.	0.77%	34,097	$4.3M	Reduce -1.9%
EQT Eqt Corp.	0.76%	92,896	$4.3M	Add +3.3%
SPY SS SPDR S&P 500 ETF Trust-US	0.75%	7,188	$4.2M	Add +2.8%
IAU iShares Gold Trust	0.75%	84,798	$4.2M	Add +54.6%
BA The Boeing Co.	0.74%	23,568	$4.2M	Add +920.7%
HD Home Depot Inc.	0.73%	10,514	$4.1M	Add +0.2%
BRO Brown & Brown Inc.	0.73%	40,081	$4.1M	Reduce -1.5%
HON Honeywell International Inc.	0.73%	18,042	$4.1M	Add +5.8%
KTOS Kratos Defense & Security	0.72%	153,463	$4.0M	Reduce -1.4%
BABA Alibaba Group Holding-SP ADR	0.72%	47,373	$4.0M	Add +0.3%
POST Post Holdings Inc. filed as POST HLDGS INC	0.71%	34,876	$4.0M	Reduce -0.8%
IR Ingersoll-Rand Inc.	0.71%	43,870	$4.0M	Reduce -1.7%
MUB iShares National Muni Bond E	0.69%	36,197	$3.9M	Reduce -16.5%
AGG iShares Core U.S. Aggregate	0.68%	39,641	$3.8M	Add +0.3%
SYK Stryker Corp.	0.68%	10,614	$3.8M	Add +0.2%
PWR Quanta Services Inc.	0.67%	11,946	$3.8M	Add +53.8%
CL Colgate-Palmolive Co.	0.60%	37,294	$3.4M	Reduce -1.9%
CTSH Cognizant Tech Solutions-A	0.59%	43,074	$3.3M	New
IEMG iShares Core MSCI Emerging	0.58%	62,334	$3.3M	Add +0.9%
WFC Wells Fargo & Co.	0.56%	45,055	$3.2M	Reduce -0.9%
IEI iShares 3-7 Year Treasury Bo	0.56%	27,333	$3.2M	Add +0.3%
TW Tradeweb Markets Inc. Class A	0.55%	23,750	$3.1M	Add +78.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.55%	40,397	$3.1M	Reduce -2.0%
GS Goldman Sachs Group Inc.	0.52%	5,052	$2.9M	Reduce -1.8%
AMGN Amgen Inc.	0.51%	10,935	$2.9M	Reduce -2.1%
MS Morgan Stanley	0.50%	22,451	$2.8M	Reduce -1.4%
TSN Tyson Foods Inc. Class A	0.49%	47,998	$2.8M	Reduce -10.6%
SCHW Schwab (charles) Corp.	0.48%	36,386	$2.7M	Reduce -0.5%
BAB Invesco Taxable Municipal Bo	0.46%	98,784	$2.6M	Add +2.8%
WING Wingstop Inc.	0.46%	9,064	$2.6M	Reduce -6.6%
CAT Caterpillar Inc.	0.45%	6,997	$2.5M	Reduce -1.2%
LLY Eli Lilly & Co.	0.43%	3,140	$2.4M	Reduce -1.1%
ICE Intercontinental Exchange Inc.	0.43%	16,227	$2.4M	Reduce -2.2%
ORCL Oracle Corp.	0.43%	14,312	$2.4M	New
XLU St Sr Utl SL SE SPDR ETF-Usd	0.42%	31,064	$2.4M	Reduce -4.1%
CI The Cigna Group	0.42%	8,439	$2.3M	Reduce -8.8%
FCX Freeport-McMoran Inc.	0.41%	60,669	$2.3M	Reduce -24.5%
FALN iShares Fallen Angels ETF	0.41%	85,748	$2.3M	Add +1.7%
MBB iShares MBS ETF	0.40%	24,691	$2.3M	Add +1.9%
PFE Pfizer Inc.	0.37%	78,575	$2.1M	Reduce -3.4%
SHY iShares 1-3 Year Treasury Bo	0.37%	25,394	$2.1M	Add +0.4%
JLL Jones Lang Lasalle Inc.	0.37%	8,165	$2.1M	Reduce -1.3%
AMCR Amcor PLC	0.36%	214,277	$2.0M	Add +7.9%
SO The Southern Co.	0.34%	23,367	$1.9M	Reduce -0.2%
TRNO Terreno Realty Corp.	0.34%	32,042	$1.9M	Reduce -12.2%
SHYG iShares 0-5 YR HY Corp. Bond	0.32%	42,169	$1.8M	Add +4.3%
IGLB iShares 10+ Year Inv GR Corp.	0.32%	36,275	$1.8M	No change
IWM iShares Russell 2000 ETF	0.32%	8,106	$1.8M	Reduce -0.3%
JPST JPMorgan Ultra-Short Income	0.32%	35,185	$1.8M	Add +1.2%
XLB SS Materials Select Sector	0.28%	18,906	$1.6M	Add +108.8%
CNP Centerpoint Energy Inc.	0.28%	49,685	$1.6M	Add +0.4%
AMD Advanced Micro Devices	0.24%	11,114	$1.3M	Reduce -59.1%
ON On Semiconductor	0.24%	21,191	$1.3M	Reduce -1.1%
XLF SS Financial Select Sector	0.24%	27,444	$1.3M	Reduce -4.1%
GLD SPDR Gold Shares	0.22%	5,120	$1.2M	No change
OXY Occidental Petroleum Corp.	0.22%	24,567	$1.2M	Reduce -10.1%
GOOG Alphabet Inc. Class C	0.21%	6,119	$1.2M	Reduce -8.3%
IYJ iShares U.S. Industrials ETF	0.20%	8,481	$1.1M	Reduce -18.6%
ADBE Adobe Inc.	0.20%	2,543	$1.1M	Reduce -3.0%
XLP SS Consumer Staples Sel Sect	0.20%	14,097	$1.1M	Reduce -3.4%
LIVN Livanova PLC	0.19%	23,483	$1.1M	Reduce -2.3%
AMAT Applied Materials Inc.	0.16%	5,652	$919K	Reduce -12.8%
ILMN Illumina Inc.	0.16%	6,812	$910K	Reduce -1.5%
ACN Accenture PLC Class A	0.15%	2,396	$843K	Reduce -4.1%
RSP Invesco S&P 500 Equal Weight	0.15%	4,771	$836K	Add +1.3%
RGEN Repligen Corp.	0.15%	5,787	$833K	Reduce -5.0%
XLK SS Technology Select Sector	0.14%	3,387	$787K	Reduce -0.2%
SCHZ Schwab US Aggregate Bond ETF	0.14%	34,052	$773K	Reduce -1.6%
IVV iShares Core S&P 500 ETF	0.13%	1,239	$729K	Add +1.6%
XLRE SS Real Estate Select Sector	0.13%	17,645	$718K	Reduce -3.7%
MCD McDonald's Corp.	0.12%	2,367	$686K	Add +4.5%
TLH iShares 10-20 Year Treasury	0.12%	6,875	$684K	No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE	0.12%	1,568	$667K	Reduce -2.4%
XOP SS SPDR S&P Og Exp & Prod	0.12%	5,010	$663K	Reduce -4.0%
QQQ Invesco QQQ Trust Series 1	0.12%	1,290	$659K	Add +4.7%
HRTG Heritage Insurance Holdings	0.11%	52,430	$634K	New
NEE Nextera Energy Inc.	0.10%	7,873	$564K	Reduce -68.2%
IYH iShares U.S. Healthcare ETF	0.09%	9,110	$531K	Reduce -7.2%
SCHK Schwab 1000 Index ETF	0.09%	17,745	$502K	Add +0.6%
PEP Pepsico Inc.	0.09%	3,299	$502K	Add +0.5%
IYW iShares Ustechnology ETF	0.09%	3,023	$482K	Reduce -1.4%
CVX Chevron Corp.	0.08%	3,274	$474K	Add +35.7%
SCHG Schwab US Large-Cap Growth	0.08%	16,953	$472K	Reduce -33.6%
UNP Union Pacific Corp.	0.08%	2,007	$458K	Add +22.6%
XLI SS Industrial Select Sector	0.08%	3,422	$451K	Reduce -0.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.08%	10,092	$444K	Reduce -9.3%
TGT Target Corp.	0.08%	3,179	$430K	Reduce -8.2%
NTB Bank of N.T. Butterfield&son	0.07%	11,455	$419K	Add +32.4%
ARCC Ares Capital Corp.	0.07%	17,516	$383K	Reduce -3.2%
ADI Analog Devices Inc.	0.06%	1,617	$344K	Add +31.7%
IEF iShares 7-10 Year Treasury B	0.06%	3,600	$333K	Add +13.6%
FLOT iShares Floating Rate Bond E	0.06%	6,476	$329K	New
SCHD Schwab US DVD Equity ETF	0.06%	12,056	$329K	Reduce -37.5%
STIP iShares 0-5 Year Tips Bond E	0.06%	3,265	$328K	New
KVUE Kenvue Inc.	0.06%	14,972	$320K	Add +0.4%
SBUX Starbucks Corp.	0.05%	3,304	$301K	Add +0.7%
ABT Abbott Laboratories	0.05%	2,641	$299K	Add +12.5%
PPH Vaneck Pharmaceutical ETF	0.05%	3,417	$295K	Reduce -0.7%
IJR iShares Core S&P Small-Cap E	0.05%	2,483	$286K	No change
DE Deere & Co.	0.05%	674	$286K	No change
VTI VG Morningstar TS MKT ETF-US	0.05%	982	$285K	Reduce -3.4%
WEC WEC Energy Group Inc.	0.05%	3,016	$284K	No change
ODFL Old Dominion Freight Line	0.05%	1,574	$278K	Reduce -12.8%
WM Waste Management Inc.	0.05%	1,334	$269K	Add +3.3%
AVGO Broadcom Inc.	0.05%	1,136	$263K	New
LNT Alliant Energy Corp.	0.05%	4,398	$260K	Reduce -1.1%
COST Costco Wholesale Corp.	0.05%	277	$254K	No change
NVO Novo-Nordisk A/S-Spons ADR	0.04%	2,733	$235K	Reduce -1.8%
GBCI Glacier Bancorp Inc.	0.04%	4,431	$223K	New
TRV The Travelers Cos Inc.	0.04%	911	$219K	Add +1.4%
MDY State Street SPDR S&P Midcap	0.04%	358	$204K	New
URI United Rentals Inc.	0.04%	288	$203K	No change
VB Vanguard Most SM-Cap ETF-Usd	0.04%	835	$201K	New
MVST Microvast Holdings Inc.	0.00%	10,000	$21K	New
GLDG Goldmining Inc.	0.00%	14,000	$11K	No change

Portfolio Sells Q3 2024 → Q4 2024


TSLA Tesla Inc.	Sold out	0.00%	−0.77
OSCR Oscar Health Inc. Class A	Sold out	0.00%	−0.71
U Unity Software Inc.	Sold out	0.00%	−0.70
AMD Advanced Micro Devices	Reduce -59.1%	0.24%	−0.57
UNH Unitedhealth Group Inc.	Reduce -22.5%	0.78%	−0.40
CAG Conagra Brands Inc.	Sold out	0.00%	−0.35
FCX Freeport-McMoran Inc.	Reduce -24.5%	0.41%	−0.31
NEE Nextera Energy Inc.	Reduce -68.2%	0.10%	−0.28
WING Wingstop Inc.	Reduce -6.6%	0.46%	−0.27
MUB iShares National Muni Bond E	Reduce -16.5%	0.69%	−0.17
CI The Cigna Group	Reduce -8.8%	0.42%	−0.16
BRK.B Berkshire Hathaway Inc. Class B	Reduce -9.1%	1.18%	−0.16
GE General Electric	Reduce -3.2%	0.81%	−0.15
AMGN Amgen Inc.	Reduce -2.1%	0.51%	−0.14
NUE Nucor Corp.	Sold out	0.00%	−0.13
AEHR Aehr Test Systems	Sold out	0.00%	−0.13
JNJ Johnson & Johnson	Reduce -0.3%	0.90%	−0.13
TXN Texas Instruments Inc.	Reduce -1.3%	0.84%	−0.11
CL Colgate-Palmolive Co.	Reduce -1.9%	0.60%	−0.11
TRNO Terreno Realty Corp.	Reduce -12.2%	0.34%	−0.10
RTX RTX Corp.	Reduce -2.7%	1.02%	−0.09
TSN Tyson Foods Inc. Class A	Reduce -10.6%	0.49%	−0.09
PFF iShares Preferred & Income S	Reduce -1.1%	1.00%	−0.09
IR Ingersoll-Rand Inc.	Reduce -1.7%	0.71%	−0.09
XLE SS Energy Select Sector	Reduce -0.4%	1.79%	−0.08
LLY Eli Lilly & Co.	Reduce -1.1%	0.43%	−0.08
CNI Canadian Natl Railway Co.	Sold out	0.00%	−0.08
PG The Procter & Gamble Co.	Reduce -1.9%	1.05%	−0.07
AMAT Applied Materials Inc.	Reduce -12.8%	0.16%	−0.07
PFE Pfizer Inc.	Reduce -3.4%	0.37%	−0.05
XLU St Sr Utl SL SE SPDR ETF-Usd	Reduce -4.1%	0.42%	−0.05
ICE Intercontinental Exchange Inc.	Reduce -2.2%	0.43%	−0.05
IYJ iShares U.S. Industrials ETF	Reduce -18.6%	0.20%	−0.05
CAT Caterpillar Inc.	Reduce -1.2%	0.45%	−0.05
ADBE Adobe Inc.	Reduce -3.0%	0.20%	−0.04
ON On Semiconductor	Reduce -1.1%	0.24%	−0.04
SCHD Schwab US DVD Equity ETF	Reduce -37.5%	0.06%	−0.04
SO The Southern Co.	Reduce -0.2%	0.34%	−0.04
WELL Welltower Inc.	Reduce -1.9%	0.77%	−0.04
OXY Occidental Petroleum Corp.	Reduce -10.1%	0.22%	−0.04
LMT Lockheed Martin Corp.	Sold out	0.00%	−0.04
SCHG Schwab US Large-Cap Growth	Reduce -33.6%	0.08%	−0.04
JLL Jones Lang Lasalle Inc.	Reduce -1.3%	0.37%	−0.04
LIVN Livanova PLC	Reduce -2.3%	0.19%	−0.03
BRO Brown & Brown Inc.	Reduce -1.5%	0.73%	−0.03
POST Post Holdings Inc.	Reduce -0.8%	0.71%	−0.03
XLP SS Consumer Staples Sel Sect	Reduce -3.4%	0.20%	−0.02
TGT Target Corp.	Reduce -8.2%	0.08%	−0.02
IYH iShares U.S. Healthcare ETF	Reduce -7.2%	0.09%	−0.02
XLRE SS Real Estate Select Sector	Reduce -3.7%	0.13%	−0.02

Portfolio Buys Q3 2024 → Q4 2024


RDDT Reddit Inc. Class A	Add +0.0%	1.68%	+0.99
BA The Boeing Co.	Add +920.7%	0.74%	+0.68
SCHB Schwab US Broad Market ETF	Add +5.2%	11.11%	+0.63
CTSH Cognizant Tech Solutions-A	New	0.59%	+0.59
NVDA Nvidia Corp.	Add +10.6%	3.12%	+0.53
AMZN Amazon.com Inc.	Add +1.5%	3.11%	+0.47
ORCL Oracle Corp.	New	0.43%	+0.43
TW Tradeweb Markets Inc. Class A	Add +78.1%	0.55%	+0.26
IAU iShares Gold Trust	Add +54.6%	0.75%	+0.26
PWR Quanta Services Inc.	Add +53.8%	0.67%	+0.25
JPM JPMorgan Chase & Co.	Add +2.5%	1.68%	+0.22
NFLX Netflix Inc.	Add +3.9%	0.96%	+0.21
EQT Eqt Corp.	Add +3.3%	0.76%	+0.17
IGIB iShares 5-10Y Inv Grade Corp.	Add +24.6%	1.11%	+0.17
XLB SS Materials Select Sector	Add +108.8%	0.28%	+0.13
HRTG Heritage Insurance Holdings	New	0.11%	+0.11
JMST JPM Ultra-Short Muni Income	Add +10.9%	1.31%	+0.10
HON Honeywell International Inc.	Add +5.8%	0.73%	+0.09
FLOT iShares Floating Rate Bond E	New	0.06%	+0.06
STIP iShares 0-5 Year Tips Bond E	New	0.06%	+0.06
AVGO Broadcom Inc.	New	0.05%	+0.05
GBCI Glacier Bancorp Inc.	New	0.04%	+0.04
MDY State Street SPDR S&P Midcap	New	0.04%	+0.04
VB Vanguard Most SM-Cap ETF-Usd	New	0.04%	+0.04
SPY SS SPDR S&P 500 ETF Trust-US	Add +2.8%	0.75%	+0.02
CVX Chevron Corp.	Add +35.7%	0.08%	+0.02
CNP Centerpoint Energy Inc.	Add +0.4%	0.28%	+0.02
NTB Bank of N.T. Butterfield&son	Add +32.4%	0.07%	+0.02
ADI Analog Devices Inc.	Add +31.7%	0.06%	+0.01
QQQ Invesco QQQ Trust Series 1	Add +4.7%	0.12%	+0.01
UNP Union Pacific Corp.	Add +22.6%	0.08%	+0.01
ABT Abbott Laboratories	Add +12.5%	0.05%	+0.00
MVST Microvast Holdings Inc.	New	0.00%	+0.00
IEF iShares 7-10 Year Treasury B	Add +13.6%	0.06%	+0.00
IVV iShares Core S&P 500 ETF	Add +1.6%	0.13%	+0.00
SHYG iShares 0-5 YR HY Corp. Bond	Add +4.3%	0.32%	+0.00
SCHK Schwab 1000 Index ETF	Add +0.6%	0.09%	+0.00
TRV The Travelers Cos Inc.	Add +1.4%	0.04%	+0.00
WM Waste Management Inc.	Add +3.3%	0.05%	−0.00
MCD McDonald's Corp.	Add +4.5%	0.12%	−0.00
JPST JPMorgan Ultra-Short Income	Add +1.2%	0.32%	−0.00
RSP Invesco S&P 500 Equal Weight	Add +1.3%	0.15%	−0.00
SBUX Starbucks Corp.	Add +0.7%	0.05%	−0.00
KVUE Kenvue Inc.	Add +0.4%	0.06%	−0.01
IGSB iShares 1-5Y Inv Grade Corp.	Add +3.1%	2.17%	−0.01
FALN iShares Fallen Angels ETF	Add +1.7%	0.41%	−0.01
SHY iShares 1-3 Year Treasury Bo	Add +0.4%	0.37%	−0.01
PEP Pepsico Inc.	Add +0.5%	0.09%	−0.01
SYK Stryker Corp.	Add +0.2%	0.68%	−0.01
MBB iShares MBS ETF	Add +1.9%	0.40%	−0.02

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	133	$628.1M	SCHB, GVI, GOOGL, AAPL, AVDE
Q1 2026	135	$581.8M	SCHB, GVI, AAPL, AVDE, GOOGL
Q4 2025	135	$592.8M	SCHB, GVI, GOOGL, MSFT, AAPL
Q3 2025	138	$595.8M	SCHB, GVI, MSFT, AAPL, GOOGL
Q2 2025	130	$548.6M	SCHB, GVI, MSFT, AAPL, NVDA
Q1 2025	136	$520.4M	SCHB, GVI, AAPL, MSFT, GOOGL
Q4 2024	147	$561.1M	SCHB, GVI, AAPL, MSFT, GOOGL
Q3 2024	145	$552.5M	SCHB, GVI, AAPL, MSFT, GOOGL
Q2 2024	137	$518.1M	SCHB, GVI, MSFT, AAPL, GOOGL
Q1 2024	139	$512.1M	SCHB, GVI, MSFT, AAPL, GOOGL