FPC Investment Advisory, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), FPC Investment Advisory, Inc. reported 28 stock positions worth $166.7 million. Its top holding was iShares Core 1-5 Year Usd Bo (ISTB) at 16.5% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 16.0%) and Vanguard Intermediate-Term B (BIV, 15.3%). Compared with Q2 2025, it added to 6 and reduced 11. The biggest buy was Vanguard Intermediate-Term B (BIV, shares +6%) and the biggest sale iShares Europe ETF (IEV, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- PETALUMA, CA
- CIK
- 0002021217
- Portfolio Value
- $166.7M (Q3 2025)
- SEC Filing
- 0001420506-25-002946 ↗ filed Oct 31, 2025
Holdings Value
Holdings 28 stocks · $166.7M
| ISTB iShares Core 1-5 Year Usd Bo | 16.52% | 563,731 | $27.5M | Add +3.4% |
| SCHX Schwab US Large-Cap ETF | 16.01% | 1,012,791 | $26.7M | Reduce -0.6% |
| BIV Vanguard Intermediate-Term B | 15.27% | 325,954 | $25.5M | Add +6.4% |
| VGK Vanguard Ftse Europe ETF | 11.83% | 247,008 | $19.7M | Add +1.1% |
| TLT iShares 20+ Year Treasury BD | 5.95% | 110,980 | $9.9M | Add +0.7% |
| AAPL Apple Inc. | 5.42% | 35,474 | $9.0M | Reduce -1.7% |
| VGT Vanguard Info Tech ETF | 5.06% | 11,290 | $8.4M | Reduce -3.4% |
| BND Vanguard Total Bond Market | 4.97% | 111,286 | $8.3M | Reduce -5.9% |
| IEV iShares Europe ETF | 3.46% | 88,113 | $5.8M | Reduce -12.0% |
| BNDX Vanguard Total Intl Bond ETF | 3.33% | 112,127 | $5.5M | Add +4.8% |
| EWJ iShares MSCI Japan ETF | 3.20% | 66,540 | $5.3M | Reduce -0.7% |
| XLV SS Health Care Select Sector | 2.53% | 30,266 | $4.2M | Add +0.2% |
| AAXJ iShares MSCI All Country Asi | 1.68% | 30,762 | $2.8M | Reduce -5.7% |
| AVGO Broadcom Inc. | 0.97% | 4,892 | $1.6M | No change |
| BLV Vanguard Long-Term Bond ETF | 0.90% | 21,120 | $1.5M | Reduce -3.0% |
| IYW iShares Ustechnology ETF | 0.46% | 3,890 | $762K | Reduce -30.2% |
| MSFT Microsoft Corp. | 0.42% | 1,338 | $693K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.37% | 7,023 | $613K | No change |
| ABBV Abbvie Inc. | 0.27% | 1,908 | $442K | No change |
| AMZN Amazon.com Inc. | 0.23% | 1,718 | $377K | No change |
| NVDA Nvidia Corp. | 0.22% | 2,001 | $373K | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.21% | 3,993 | $348K | Reduce -22.5% |
| SCHA Schwab US Small-Cap ETF | 0.16% | 9,646 | $269K | No change |
| SCHB Schwab US Broad Market ETF | 0.15% | 9,870 | $254K | No change |
| EBAY eBay Inc. | 0.15% | 2,750 | $250K | Reduce -8.3% |
| VWO Vanguard Ftse Emerging Marke | 0.14% | 4,256 | $231K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.12% | 1,182 | $206K | No change |
| FATE Fate Therapeutics Inc. | 0.02% | 26,456 | $33K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| IEV iShares Europe ETF | Reduce -12.0% | 3.46% | −0.48 |
| BND Vanguard Total Bond Market | Reduce -5.9% | 4.97% | −0.46 |
| IYW iShares Ustechnology ETF | Reduce -30.2% | 0.46% | −0.17 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -22.5% | 0.21% | −0.06 |
| AAXJ iShares MSCI All Country Asi | Reduce -5.7% | 1.68% | −0.05 |
| BLV Vanguard Long-Term Bond ETF | Reduce -3.0% | 0.90% | −0.04 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.6% | 16.01% | −0.03 |
| VGT Vanguard Info Tech ETF | Reduce -3.4% | 5.06% | −0.00 |
| EBAY eBay Inc. | Reduce -8.3% | 0.15% | +0.00 |
| EWJ iShares MSCI Japan ETF | Reduce -0.7% | 3.20% | +0.11 |
| AAPL Apple Inc. | Reduce -1.7% | 5.42% | +0.66 |
Portfolio Buys Q2 2025 → Q3 2025
| BIV Vanguard Intermediate-Term B | Add +6.4% | 15.27% | +0.52 |
| BNDX Vanguard Total Intl Bond ETF | Add +4.8% | 3.33% | +0.03 |
| VGK Vanguard Ftse Europe ETF | Add +1.1% | 11.83% | +0.02 |
| XLV SS Health Care Select Sector | Add +0.2% | 2.53% | −0.01 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +3.4% | 16.52% | −0.03 |
| TLT iShares 20+ Year Treasury BD | Add +0.7% | 5.95% | −0.07 |
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 |