FPC Investment Advisory, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), FPC Investment Advisory, Inc. reported 27 stock positions worth $145.7 million. Its top holding was iShares Core 1-5 Year Usd Bo (ISTB) at 16.7% of the portfolio, followed by Vanguard Intermediate-Term B (BIV, 14.7%) and Schwab US Large-Cap ETF (SCHX, 14.6%). Compared with Q4 2024, it sold out of 256, added to 11 and reduced 11. The biggest buy was Schwab US Large-Cap ETF (SCHX, shares +56%) and the biggest sale Apple (AAPL, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- PETALUMA, CA
- CIK
- 0002021217
- Portfolio Value
- $145.7M (Q1 2025)
- SEC Filing
- 0001420506-25-000897 ↗ filed May 6, 2025
Holdings Value
Holdings 27 stocks · $145.7M
| ISTB iShares Core 1-5 Year Usd Bo | 16.72% | 505,439 | $24.4M | Add +10.1% |
| BIV Vanguard Intermediate-Term B | 14.66% | 280,739 | $21.4M | Add +3.1% |
| SCHX Schwab US Large-Cap ETF | 14.65% | 958,364 | $21.3M | Add +55.8% |
| VGK Vanguard Ftse Europe ETF | 12.16% | 238,460 | $17.7M | Add +9.7% |
| TLT iShares 20+ Year Treasury BD | 6.44% | 107,530 | $9.4M | Add +16.3% |
| BND Vanguard Total Bond Market | 5.94% | 119,080 | $8.6M | Reduce -0.3% |
| AAPL Apple Inc. | 5.41% | 39,654 | $7.9M | Reduce -4.1% |
| VGT Vanguard Info Tech ETF | 4.51% | 11,659 | $6.6M | Add +30.1% |
| IEV iShares Europe ETF | 4.35% | 103,102 | $6.3M | Reduce -11.0% |
| EWJ iShares MSCI Japan ETF | 3.21% | 64,568 | $4.7M | Add +15.2% |
| BNDX Vanguard Total Intl Bond ETF | 3.14% | 92,785 | $4.6M | Add +40.2% |
| XLV SS Health Care Select Sector | 2.64% | 27,856 | $3.8M | Add +6.3% |
| AAXJ iShares MSCI All Country Asi | 1.88% | 35,449 | $2.7M | Reduce -6.9% |
| AVGO Broadcom Inc. | 0.70% | 5,052 | $1.0M | Reduce -4.0% |
| BLV Vanguard Long-Term Bond ETF | 0.69% | 14,874 | $1.0M | Reduce -40.9% |
| IYW iShares Ustechnology ETF | 0.58% | 5,735 | $845K | Reduce -0.7% |
| MSFT Microsoft Corp. | 0.39% | 1,290 | $563K | Reduce -11.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.39% | 7,023 | $562K | No change |
| ABBV Abbvie Inc. | 0.30% | 2,215 | $434K | Add +1777.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.28% | 5,164 | $411K | Reduce -5.5% |
| AMZN Amazon.com Inc. | 0.21% | 1,623 | $302K | Reduce -16.0% |
| EBAY eBay Inc. | 0.16% | 3,400 | $239K | No change |
| SCHA Schwab US Small-Cap ETF | 0.15% | 9,388 | $219K | Add +1785.1% |
| SCHB Schwab US Broad Market ETF | 0.15% | 9,870 | $214K | No change |
| NVDA Nvidia Corp. | 0.14% | 1,817 | $207K | Reduce -24.2% |
| IBIT iShares Bitcoin Trust ETF | 0.14% | 3,823 | $205K | No change |
| FATE Fate Therapeutics Inc. | 0.02% | 26,456 | $31K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -4.1% | 5.41% | −1.72 |
| BLV Vanguard Long-Term Bond ETF | Reduce -40.9% | 0.69% | −0.57 |
| BND Vanguard Total Bond Market | Reduce -0.3% | 5.94% | −0.39 |
| IEV iShares Europe ETF | Reduce -11.0% | 4.35% | −0.34 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.26 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.17 |
| AVGO Broadcom Inc. | Reduce -4.0% | 0.70% | −0.16 |
| AAXJ iShares MSCI All Country Asi | Reduce -6.9% | 1.88% | −0.15 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Sold out | 0.00% | −0.14 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.14 |
| MUB iShares National Muni Bond E | Sold out | 0.00% | −0.13 |
| AMZN Amazon.com Inc. | Reduce -16.0% | 0.21% | −0.13 |
| IWP iShares Russell Mid-Cap Grow | Sold out | 0.00% | −0.13 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.11 |
| DVY iShares Select Dividend ETF | Sold out | 0.00% | −0.10 |
| IYW iShares Ustechnology ETF | Reduce -0.7% | 0.58% | −0.09 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −0.09 |
| RSPG Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.08 |
| VONG Vanguard Russell 1000 Growth | Sold out | 0.00% | −0.07 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.07 |
| NVDA Nvidia Corp. | Reduce -24.2% | 0.14% | −0.07 |
| SGDM Sprott Gold Miners ETF | Sold out | 0.00% | −0.07 |
| SPYG SS SPDR P S&P 500 Growth ETF | Sold out | 0.00% | −0.06 |
| VONV Vanguard Russell 1000 Value | Sold out | 0.00% | −0.06 |
| MSFT Microsoft Corp. | Reduce -11.3% | 0.39% | −0.06 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.05 |
| IWS iShares Russell Mid-Cap Valu | Sold out | 0.00% | −0.05 |
| IYH iShares U.S. Healthcare ETF | Sold out | 0.00% | −0.05 |
| BSV Vanguard Short-Term Bond ETF | Sold out | 0.00% | −0.05 |
| IWO iShares Russell 2000 Growth | Sold out | 0.00% | −0.05 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.04 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.04 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.04 |
| IWY iShares Russell Top 200 Grow | Sold out | 0.00% | −0.04 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.04 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.03 |
| DGX Quest Diagnostics Inc. | Sold out | 0.00% | −0.03 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.03 |
| IWX iShares Russell Top 200 Valu | Sold out | 0.00% | −0.03 |
| SMMT Summit Therapeutics Inc. | Sold out | 0.00% | −0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -5.5% | 0.28% | −0.03 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.03 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.03 |
| MKL Markel Group Inc. | Sold out | 0.00% | −0.03 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.03 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.03 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.03 |
| VIG Vanguard Dividend Apprec ETF | Sold out | 0.00% | −0.03 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| SCHX Schwab US Large-Cap ETF | Add +55.8% | 14.65% | +3.91 |
| VGK Vanguard Ftse Europe ETF | Add +9.7% | 12.16% | +1.43 |
| BNDX Vanguard Total Intl Bond ETF | Add +40.2% | 3.14% | +0.76 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +10.1% | 16.72% | +0.61 |
| TLT iShares 20+ Year Treasury BD | Add +16.3% | 6.44% | +0.51 |
| VGT Vanguard Info Tech ETF | Add +30.1% | 4.51% | +0.47 |
| EWJ iShares MSCI Japan ETF | Add +15.2% | 3.21% | +0.41 |
| ABBV Abbvie Inc. | Add +1777.1% | 0.30% | +0.28 |
| SCHA Schwab US Small-Cap ETF | Add +1785.1% | 0.15% | +0.14 |
| XLV SS Health Care Select Sector | Add +6.3% | 2.64% | −0.17 |
| BIV Vanguard Intermediate-Term B | Add +3.1% | 14.66% | −0.31 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 36 | $211.9M | SCHX, ISTB, BIV, VGK, AAPL |
| Q1 2026 | 34 | $200.5M | SCHX, ISTB, BIV, VGK, TLT |
| Q4 2025 | 34 | $182.5M | ISTB, SCHX, BIV, VGK, TLT |
| Q3 2025 | 28 | $166.7M | ISTB, SCHX, BIV, VGK, TLT |
| Q2 2025 | 28 | $160.0M | ISTB, SCHX, BIV, VGK, TLT |
| Q1 2025 | 27 | $145.7M | ISTB, BIV, SCHX, VGK, TLT |
| Q4 2024 | 283 | $136.8M | ISTB, BIV, SCHX, VGK, AAPL |
| Q3 2024 | 97 | $117.9M | BIV, ISTB, VGK, TLT, AAPL |
| Q2 2024 | 97 | $111.1M | BIV, VGK, AAPL, TLT, BND |
| Q1 2024 | 86 | $101.4M | BIV, VGK, TLT, ICSH, ISTB |