FPC Investment Advisory, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 4, 2026), FPC Investment Advisory, Inc. reported 34 stock positions worth $200.5 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 17.0% of the portfolio, followed by iShares Core 1-5 Year Usd Bo (ISTB, 15.8%) and Vanguard Intermediate-Term B (BIV, 15.0%). Compared with Q4 2025, it opened 1 new position, sold out of 1, added to 9 and reduced 10. The biggest buy was Schwab US Large-Cap ETF (SCHX, shares +13%) and the biggest sale SS Health Care Select Sector (XLV, shares −24%).
- Most Recent 13F
- Q2 2026
- Location
- PETALUMA, CA
- CIK
- 0002021217
- Portfolio Value
- $200.5M (Q1 2026)
- SEC Filing
- 0001420506-26-000782 ↗ filed May 4, 2026
Holdings Value
Holdings 34 stocks · $200.5M
| SCHX Schwab US Large-Cap ETF | 17.03% | 1,213,540 | $34.1M | Add +13.5% |
| ISTB iShares Core 1-5 Year Usd Bo | 15.82% | 653,483 | $31.7M | Add +8.0% |
| BIV Vanguard Intermediate-Term B | 14.99% | 388,406 | $30.1M | Add +10.4% |
| VGK Vanguard Ftse Europe ETF | 12.13% | 279,524 | $24.3M | Add +10.4% |
| TLT iShares 20+ Year Treasury BD | 5.33% | 123,238 | $10.7M | Add +4.6% |
| VGT Vanguard Info Tech ETF | 4.72% | 90,840 | $9.5M | Add +706.0% |
| AAPL Apple Inc. | 4.52% | 33,465 | $9.1M | Reduce -5.0% |
| BNDX Vanguard Total Intl Bond ETF | 4.15% | 172,635 | $8.3M | Add +36.6% |
| EWJ iShares MSCI Japan ETF | 4.12% | 94,570 | $8.3M | Add +39.9% |
| BND Vanguard Total Bond Market | 3.83% | 104,109 | $7.7M | Reduce -6.2% |
| IEV iShares Europe ETF | 2.96% | 82,985 | $5.9M | Reduce -4.6% |
| XLV SS Health Care Select Sector | 1.72% | 23,961 | $3.5M | Reduce -23.8% |
| GOOG Alphabet Inc. Class C | 1.49% | 8,709 | $3.0M | No change |
| NVDA Nvidia Corp. | 1.44% | 13,896 | $2.9M | No change |
| AAXJ iShares MSCI All Country Asi | 1.24% | 22,851 | $2.5M | Reduce -17.5% |
| AVGO Broadcom Inc. | 1.03% | 4,892 | $2.1M | No change |
| BLV Vanguard Long-Term Bond ETF | 0.62% | 17,911 | $1.2M | Reduce -11.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.33% | 7,023 | $667K | No change |
| IYW iShares Ustechnology ETF | 0.30% | 2,753 | $598K | Reduce -21.0% |
| MSFT Microsoft Corp. | 0.28% | 1,338 | $568K | No change |
| META Meta Platforms Inc. Class A | 0.25% | 753 | $508K | No change |
| AMZN Amazon.com Inc. | 0.22% | 1,647 | $435K | Reduce -4.1% |
| ABBV Abbvie Inc. | 0.19% | 1,910 | $380K | Add +0.1% |
| C Citigroup Inc. | 0.16% | 2,500 | $320K | No change |
| SCHA Schwab US Small-Cap ETF | 0.16% | 9,753 | $314K | Reduce -1.1% |
| SCHB Schwab US Broad Market ETF | 0.14% | 9,870 | $272K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.13% | 4,256 | $251K | No change |
| GOOGL Alphabet Inc. Class A | 0.12% | 686 | $236K | No change |
| BP BP PLC-Spons ADR | 0.12% | 5,100 | $236K | New |
| PTEN Patterson-Uti Energy Inc. | 0.11% | 20,100 | $228K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.11% | 1,182 | $228K | No change |
| FLG Flagstar Bank NA | 0.11% | 15,700 | $220K | No change |
| EBAY eBay Inc. | 0.11% | 2,210 | $216K | Reduce -19.6% |
| FATE Fate Therapeutics Inc. | 0.02% | 26,456 | $35K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| XLV SS Health Care Select Sector | Reduce -23.8% | 1.72% | −0.95 |
| AAPL Apple Inc. | Reduce -5.0% | 4.52% | −0.72 |
| BND Vanguard Total Bond Market | Reduce -6.2% | 3.83% | −0.67 |
| IEV iShares Europe ETF | Reduce -4.6% | 2.96% | −0.31 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.18 |
| AAXJ iShares MSCI All Country Asi | Reduce -17.5% | 1.24% | −0.17 |
| BLV Vanguard Long-Term Bond ETF | Reduce -11.7% | 0.62% | −0.16 |
| IYW iShares Ustechnology ETF | Reduce -21.0% | 0.30% | −0.08 |
| EBAY eBay Inc. | Reduce -19.6% | 0.11% | −0.02 |
| AMZN Amazon.com Inc. | Reduce -4.1% | 0.22% | −0.00 |
| SCHA Schwab US Small-Cap ETF | Reduce -1.1% | 0.16% | +0.00 |
Portfolio Buys Q4 2025 → Q1 2026
| SCHX Schwab US Large-Cap ETF | Add +13.5% | 17.03% | +1.26 |
| EWJ iShares MSCI Japan ETF | Add +39.9% | 4.12% | +1.13 |
| BNDX Vanguard Total Intl Bond ETF | Add +36.6% | 4.15% | +0.80 |
| VGK Vanguard Ftse Europe ETF | Add +10.4% | 12.13% | +0.53 |
| BP BP PLC-Spons ADR | New | 0.12% | +0.12 |
| VGT Vanguard Info Tech ETF | Add +706.0% | 4.72% | +0.06 |
| BIV Vanguard Intermediate-Term B | Add +10.4% | 14.99% | −0.02 |
| ABBV Abbvie Inc. | Add +0.1% | 0.19% | −0.05 |
| TLT iShares 20+ Year Treasury BD | Add +4.6% | 5.33% | −0.30 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +8.0% | 15.82% | −0.34 |
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 |