Guardian Investment Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 17, 2025), Guardian Investment Management reported 51 stock positions worth $99.4 million. Its top holding was Apple (AAPL) at 16.2% of the portfolio, followed by Danaher (DHR, 10.1%) and Amgen (AMGN, 5.3%). Compared with Q1 2025, it sold out of 6, added to 15 and reduced 26. The biggest buy was Danaher (DHR, shares +49%) and the biggest sale an exit from Blackstone (BX).
- Most Recent 13F
- Q2 2026
- Location
- TIBURON, CA
- CIK
- 0001365474
- Portfolio Value
- $99.4M (Q2 2025)
- SEC Filing
- 0001085146-25-003897 ↗ filed Jul 17, 2025
Holdings Value
Holdings 51 stocks · $99.4M
| AAPL Apple Inc. | 16.23% | 78,618 | $16.1M | Reduce -11.4% |
| DHR Danaher Corp. | 10.10% | 63,822 | $10.0M | Add +49.0% |
| AMGN Amgen Inc. | 5.25% | 18,695 | $5.2M | Add +2.8% |
| COST Costco Wholesale Corp. | 5.03% | 5,047 | $5.0M | Add +11.1% |
| MSFT Microsoft Corp. | 4.18% | 8,344 | $4.2M | Reduce -12.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.44% | 72,268 | $3.4M | Add +1.4% |
| WMT Walmart Inc. | 3.43% | 34,850 | $3.4M | Reduce -24.2% |
| QS Quantumscape Corp. | 2.76% | 50,120 | $2.7M | Add +336.2% |
| ABBV Abbvie Inc. | 2.67% | 14,295 | $2.7M | Reduce -12.8% |
| CVX Chevron Corp. | 2.56% | 17,778 | $2.5M | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 2.46% | 8,449 | $2.4M | Reduce -36.2% |
| JNJ Johnson & Johnson | 2.46% | 16,022 | $2.4M | Reduce -7.6% |
| GE General Electric filed as GE AEROSPACE | 2.20% | 11,231 | $2.2M | Reduce -1.1% |
| CAT Caterpillar Inc. | 1.95% | 4,987 | $1.9M | Add +8.7% |
| AMZN Amazon.com Inc. | 1.74% | 7,897 | $1.7M | Add +41.7% |
| PG The Procter & Gamble Co. | 1.67% | 10,410 | $1.7M | Reduce -30.2% |
| KKR KKR & Co. Inc. | 1.64% | 12,225 | $1.6M | Reduce -1.2% |
| BA The Boeing Co. | 1.50% | 7,100 | $1.5M | Add +2.2% |
| ITW Illinois Tool Works | 1.49% | 6,000 | $1.5M | Reduce -15.5% |
| GEV GE Vernova Inc. | 1.46% | 2,741 | $1.5M | Reduce -1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.43% | 2,930 | $1.4M | Reduce -41.2% |
| MMM 3M Co. | 1.38% | 9,000 | $1.4M | Reduce -8.2% |
| PEP Pepsico Inc. | 1.34% | 10,080 | $1.3M | Reduce -0.2% |
| XOM Exxon Mobil Corp. | 1.27% | 11,739 | $1.3M | Add +9.3% |
| CSX CSX Corp. | 1.27% | 38,750 | $1.3M | No change |
| INTC Intel Corp. | 1.26% | 56,000 | $1.3M | Add +2.7% |
| MRK Merck & Co. Inc. | 1.20% | 15,100 | $1.2M | No change |
| CMCSA Comcast Corp. Class A | 1.19% | 33,000 | $1.2M | Reduce -5.7% |
| CSCO Cisco Systems Inc. | 1.17% | 16,745 | $1.2M | Reduce -2.3% |
| ADM Archer-Daniels-Midland Co. | 1.13% | 7,900 | $1.1M | Add +6.0% |
| TXN Texas Instruments Inc. | 1.09% | 5,200 | $1.1M | No change |
| WBD Warner Bros Discovery Inc. | 1.06% | 91,703 | $1.1M | Add +9.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.03% | 30,400 | $1.0M | No change |
| T AT&T Inc. | 0.98% | 33,626 | $973K | Reduce -1.8% |
| C Citigroup Inc. | 0.91% | 10,625 | $904K | No change |
| AMAT Applied Materials Inc. | 0.89% | 4,850 | $888K | Add +64.4% |
| ABT Abbott Laboratories | 0.79% | 5,750 | $782K | Reduce -18.4% |
| DE Deere & Co. | 0.73% | 1,430 | $727K | No change |
| MDLZ Mondelez International Inc. Class A | 0.69% | 10,100 | $681K | Reduce -2.4% |
| BIIB Biogen Inc. | 0.67% | 5,300 | $666K | Reduce -27.4% |
| HD Home Depot Inc. | 0.56% | 1,931 | $561K | No change |
| EMR Emerson Electric Co. | 0.45% | 3,374 | $450K | No change |
| BMY Bristol-Myers Squibb Co. | 0.44% | 9,500 | $440K | Reduce -3.5% |
| GT Goodyear Tire & Rubber Co. | 0.43% | 41,500 | $430K | Add +5.1% |
| GILD Gilead Sciences Inc. | 0.42% | 3,750 | $416K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.36% | 1,200 | $354K | Reduce -20.0% |
| NOC Northrop Grumman Corp. | 0.35% | 692 | $346K | Reduce -12.6% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.35% | 4,250 | $343K | Reduce -4.5% |
| PFE Pfizer Inc. | 0.34% | 13,752 | $333K | Add +17.0% |
| RTX RTX Corp. | 0.31% | 2,300 | $307K | No change |
| V Visa Inc. Class A | 0.29% | 6,730 | $291K | Reduce -3.6% |
Portfolio Sells Q1 2025 → Q2 2025
| BX Blackstone Inc. | Sold out | 0.00% | −15.28 |
| AXP American Express Co. | Sold out | 0.00% | −0.93 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -41.2% | 1.43% | −0.62 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.55 |
| PG The Procter & Gamble Co. | Reduce -30.2% | 1.67% | −0.47 |
| PARAA Paramount Global Class A | Sold out | 0.00% | −0.43 |
| AAPL Apple Inc. | Reduce -11.4% | 16.23% | −0.36 |
| JPM JPMorgan Chase & Co. | Reduce -36.2% | 2.46% | −0.27 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.23 |
| ABBV Abbvie Inc. | Reduce -12.8% | 2.67% | −0.22 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.21 |
| BIIB Biogen Inc. | Reduce -27.4% | 0.67% | −0.17 |
| BMY Bristol-Myers Squibb Co. | Reduce -3.5% | 0.44% | −0.06 |
| ABT Abbott Laboratories | Reduce -18.4% | 0.79% | −0.00 |
| NOC Northrop Grumman Corp. | Reduce -12.6% | 0.35% | +0.01 |
| ITW Illinois Tool Works | Reduce -15.5% | 1.49% | +0.01 |
| V Visa Inc. Class A | Reduce -3.6% | 0.29% | +0.03 |
| WMT Walmart Inc. | Reduce -24.2% | 3.43% | +0.03 |
| CVX Chevron Corp. | Reduce -1.1% | 2.56% | +0.03 |
| IBM Intl Business Machines Corp. | Reduce -20.0% | 0.36% | +0.04 |
| JNJ Johnson & Johnson | Reduce -7.6% | 2.46% | +0.04 |
| PEP Pepsico Inc. | Reduce -0.2% | 1.34% | +0.07 |
| MDLZ Mondelez International Inc. Class A | Reduce -2.4% | 0.69% | +0.09 |
| CMCSA Comcast Corp. Class A | Reduce -5.7% | 1.19% | +0.10 |
| EL Estee Lauder Companies Class A | Reduce -4.5% | 0.35% | +0.10 |
| T AT&T Inc. | Reduce -1.8% | 0.98% | +0.16 |
| MMM 3M Co. | Reduce -8.2% | 1.38% | +0.17 |
| CSCO Cisco Systems Inc. | Reduce -2.3% | 1.17% | +0.28 |
| GE General Electric | Reduce -1.1% | 2.20% | +0.36 |
| KKR KKR & Co. Inc. | Reduce -1.2% | 1.64% | +0.50 |
| GEV GE Vernova Inc. | Reduce -1.1% | 1.46% | +0.75 |
| MSFT Microsoft Corp. | Reduce -12.1% | 4.18% | +1.18 |
Portfolio Buys Q1 2025 → Q2 2025
| DHR Danaher Corp. | Add +49.0% | 10.10% | +6.47 |
| COST Costco Wholesale Corp. | Add +11.1% | 5.03% | +1.41 |
| QS Quantumscape Corp. | Add +336.2% | 2.76% | +1.25 |
| BAC Bank of America Corp. | Add +1.4% | 3.44% | +0.94 |
| AMZN Amazon.com Inc. | Add +41.7% | 1.74% | +0.85 |
| CAT Caterpillar Inc. | Add +8.7% | 1.95% | +0.68 |
| AMAT Applied Materials Inc. | Add +64.4% | 0.89% | +0.53 |
| BA The Boeing Co. | Add +2.2% | 1.50% | +0.50 |
| ADM Archer-Daniels-Midland Co. | Add +6.0% | 1.13% | +0.48 |
| AMGN Amgen Inc. | Add +2.8% | 5.25% | +0.48 |
| WBD Warner Bros Discovery Inc. | Add +9.4% | 1.06% | +0.30 |
| INTC Intel Corp. | Add +2.7% | 1.26% | +0.22 |
| XOM Exxon Mobil Corp. | Add +9.3% | 1.27% | +0.20 |
| GT Goodyear Tire & Rubber Co. | Add +5.1% | 0.43% | +0.13 |
| PFE Pfizer Inc. | Add +17.0% | 0.34% | +0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 60 | $154.9M | AAPL, DHR, BX, AMGN, CAT |
| Q1 2026 | 60 | $126.7M | AAPL, DHR, BX, AMGN, COST |
| Q4 2025 | 56 | $128.3M | AAPL, BX, DHR, AMGN, MSFT |
| Q3 2025 | 55 | $117.6M | AAPL, DHR, MSFT, COST, AMGN |
| Q2 2025 | 51 | $99.4M | AAPL, DHR, AMGN, COST, MSFT |
| Q1 2025 | 57 | $118.8M | AAPL, BX, AMGN, DHR, COST |
| Q4 2024 | 57 | $140.1M | AAPL, BX, DHR, WMT, MSFT |
| Q3 2024 | 55 | $116.1M | AAPL, MSFT, DHR, WMT, COST |
| Q2 2024 | 56 | $139.8M | AAPL, AMZN, MSFT, AMGN, WMT |
| Q1 2024 | 54 | $124.4M | AAPL, NVDA, MSFT, INTC, AMGN |