Hartline Investment Corp./
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Hartline Investment Corp./ reported 100 stock positions worth $748.7 million. Its top holding was Berkshire Hathaway Class A (BRK.A) at 13.4% of the portfolio, followed by Nvidia (NVDA, 11.6%) and Apple (AAPL, 7.5%). Compared with Q4 2024, it opened 7 new positions, sold out of 3, added to 29 and reduced 45. The biggest buy was a new position in iShares Treasury Floating Ra (TFLO) and the biggest sale Nvidia (NVDA, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- WINNETKA, IL
- CIK
- 0000945625
- Portfolio Value
- $748.7M (Q1 2025)
- SEC Filing
- 0001754960-25-000262 ↗ filed Apr 29, 2025
Holdings Value
Holdings 100 stocks · $748.7M
| BRK.A Berkshire Hathaway Inc. Class A | 13.44% | 126 | $100.6M | Reduce -5.3% |
| NVDA Nvidia Corp. | 11.61% | 802,232 | $86.9M | Reduce -10.8% |
| AAPL Apple Inc. | 7.53% | 253,665 | $56.3M | Reduce -3.4% |
| FLOT iShares Floating Rate Bond E | 6.41% | 940,534 | $48.0M | Add +30.4% |
| GOOGL Alphabet Inc. Class A | 4.68% | 226,379 | $35.0M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 3.96% | 155,688 | $29.6M | Reduce -4.1% |
| MSFT Microsoft Corp. | 3.70% | 73,766 | $27.7M | Reduce -20.1% |
| MRVL Marvell Technology Inc. | 3.09% | 375,717 | $23.1M | Add +2.1% |
| NOW ServiceNow Inc. | 3.06% | 28,785 | $22.9M | Add +11.6% |
| TFLO iShares Treasury Floating Ra | 2.83% | 418,322 | $21.2M | New |
| META Meta Platforms Inc. Class A | 2.82% | 36,623 | $21.1M | Add +19.6% |
| VRT Vertiv Holdings Co. Class A | 2.50% | 258,781 | $18.7M | Add +5.7% |
| NET Cloudflare Inc. Class A | 2.42% | 160,456 | $18.1M | Reduce -39.3% |
| WMT Walmart Inc. | 2.16% | 183,849 | $16.1M | Reduce -0.7% |
| PLTR Palantir Technologies Inc. Class A | 2.10% | 185,983 | $15.7M | Add +1.6% |
| AMD Advanced Micro Devices | 2.09% | 151,981 | $15.6M | Reduce -11.1% |
| LLY Eli Lilly & Co. | 1.57% | 14,188 | $11.7M | Reduce -8.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.52% | 21,347 | $11.4M | Add +0.7% |
| MS Morgan Stanley | 1.27% | 81,614 | $9.5M | Add +21.0% |
| COST Costco Wholesale Corp. | 1.23% | 9,717 | $9.2M | Reduce -2.6% |
| PANW Palo Alto Networks Inc. | 1.06% | 46,579 | $7.9M | Reduce -2.8% |
| MAR Marriott International Class A | 1.05% | 32,940 | $7.8M | Reduce -48.7% |
| V Visa Inc. Class A | 0.99% | 21,063 | $7.4M | Reduce -24.7% |
| LOW Lowe's Cos Inc. | 0.92% | 29,627 | $6.9M | Reduce -6.9% |
| ZBRA Zebra Technologies Corp. Class A | 0.79% | 20,962 | $5.9M | Add +19.4% |
| XYZ Block Inc. | 0.79% | 108,354 | $5.9M | Reduce -36.2% |
| HD Home Depot Inc. | 0.77% | 15,645 | $5.7M | Add +0.1% |
| CRM Salesforce Inc. | 0.73% | 20,425 | $5.5M | Reduce -38.2% |
| VEEV Veeva Systems Inc. Class A | 0.70% | 22,681 | $5.3M | Add +191.3% |
| ZG Zillow Group Inc. Class A | 0.65% | 72,708 | $4.9M | Add +0.0% |
| UNP Union Pacific Corp. | 0.63% | 20,061 | $4.7M | Reduce -0.0% |
| AXP American Express Co. | 0.55% | 15,252 | $4.1M | Reduce -0.1% |
| SHOP Shopify Inc. Class A | 0.47% | 37,177 | $3.5M | Reduce -39.5% |
| JPM JPMorgan Chase & Co. | 0.47% | 14,442 | $3.5M | Add +0.7% |
| WM Waste Management Inc. | 0.41% | 13,311 | $3.1M | Add +11.3% |
| ITW Illinois Tool Works | 0.38% | 11,587 | $2.9M | Reduce -1.6% |
| ACN Accenture PLC Class A | 0.35% | 8,427 | $2.6M | Add +1.4% |
| ORLY O'reilly Automotive Inc. | 0.34% | 1,781 | $2.6M | No change |
| FAST Fastenal Co. | 0.33% | 32,330 | $2.5M | Reduce -0.5% |
| NEE Nextera Energy Inc. | 0.33% | 34,461 | $2.4M | Add +108.2% |
| BLK BlackRock Inc. | 0.32% | 2,536 | $2.4M | Reduce -70.9% |
| MRSH Marsh & McLennan Cos | 0.32% | 9,742 | $2.4M | Reduce -20.6% |
| SYK Stryker Corp. | 0.31% | 6,288 | $2.3M | No change |
| LIN Linde PLC | 0.31% | 4,998 | $2.3M | Reduce -5.5% |
| CTAS Cintas Corp. | 0.29% | 10,620 | $2.2M | Reduce -0.1% |
| CARR Carrier Global Corp. | 0.25% | 29,774 | $1.9M | Reduce -7.6% |
| ABBV Abbvie Inc. | 0.24% | 8,698 | $1.8M | Reduce -0.8% |
| AFL Aflac Inc. | 0.24% | 16,268 | $1.8M | No change |
| CSCO Cisco Systems Inc. | 0.22% | 27,232 | $1.7M | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.22% | 4,736 | $1.7M | Add +12.3% |
| ENB Enbridge Inc. | 0.21% | 36,098 | $1.6M | Add +31.3% |
| UNH Unitedhealth Group Inc. | 0.21% | 2,994 | $1.6M | Add +1.1% |
| GOOG Alphabet Inc. Class C | 0.19% | 9,038 | $1.4M | Add +1.3% |
| MCHP Microchip Technology Inc. | 0.18% | 28,450 | $1.4M | Reduce -23.8% |
| ZTS Zoetis Inc. | 0.17% | 7,516 | $1.2M | Reduce -26.5% |
| ENPH Enphase Energy Inc. | 0.16% | 19,790 | $1.2M | Reduce -23.8% |
| AMAT Applied Materials Inc. | 0.16% | 8,385 | $1.2M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.15% | 4,558 | $1.1M | Reduce -91.9% |
| FLTR Vaneck Ig Floating Rate ETF | 0.15% | 44,100 | $1.1M | New |
| ABT Abbott Laboratories | 0.14% | 8,173 | $1.1M | No change |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.14% | 4,306 | $1.1M | Reduce -0.6% |
| AON Aon PLC Class A | 0.14% | 2,542 | $1.0M | Reduce -7.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.13% | 9,728 | $960K | Add +1.8% |
| AVGO Broadcom Inc. | 0.12% | 5,544 | $928K | Add +47.7% |
| AMGN Amgen Inc. | 0.12% | 2,975 | $927K | No change |
| NFLX Netflix Inc. | 0.12% | 959 | $894K | Add +26.7% |
| PSA Public Storage | 0.12% | 2,915 | $872K | Reduce -0.8% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.12% | 2,790 | $862K | No change |
| XOM Exxon Mobil Corp. | 0.11% | 6,850 | $815K | Reduce -2.3% |
| SNOW Snowflake Inc. | 0.11% | 5,416 | $792K | Reduce -13.0% |
| EXR Extra Space Storage Inc. | 0.10% | 5,276 | $783K | Reduce -23.8% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.10% | 2,200 | $760K | No change |
| LH Labcorp Holdings Inc. | 0.10% | 3,100 | $721K | No change |
| ETN Eaton Corp. PLC | 0.09% | 2,562 | $696K | New |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.09% | 7,070 | $650K | No change |
| MDT Medtronic PLC | 0.09% | 7,225 | $649K | Reduce -2.0% |
| SCHX Schwab US Large-Cap ETF | 0.08% | 25,864 | $571K | Reduce -1.9% |
| CVX Chevron Corp. | 0.07% | 3,338 | $558K | Add +2.0% |
| ORCL Oracle Corp. | 0.07% | 3,794 | $530K | Add +16.6% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.07% | 1,799 | $519K | Reduce -94.9% |
| SO The Southern Co. | 0.06% | 5,260 | $484K | No change |
| ETF OPPORTUNITIES TRUST | 0.06% | 85,577 | $467K | Add +205.6% |
| MCD McDonald's Corp. | 0.06% | 1,460 | $456K | No change |
| CNI Canadian Natl Railway Co. | 0.05% | 4,200 | $409K | Reduce -12.5% |
| WELL Welltower Inc. | 0.05% | 2,652 | $406K | No change |
| GS Goldman Sachs Group Inc. | 0.05% | 661 | $361K | Add +1.1% |
| KMB Kimberly-Clark Corp. | 0.05% | 2,534 | $360K | No change |
| JAAA Janus Henderson Aaa Clo ETF | 0.05% | 6,760 | $343K | Reduce -85.5% |
| SCHB Schwab US Broad Market ETF | 0.04% | 14,820 | $319K | New |
| EXC Exelon Corp. | 0.04% | 6,873 | $317K | No change |
| DTE DTE Energy Company | 0.04% | 1,948 | $269K | No change |
| SCHF Schwab Intl Equity ETF | 0.03% | 12,370 | $245K | No change |
| CL Colgate-Palmolive Co. | 0.03% | 2,500 | $234K | Reduce -19.4% |
| SCHG Schwab US Large-Cap Growth | 0.03% | 9,134 | $229K | Add +2.4% |
| OKE Oneok Inc. | 0.03% | 2,261 | $224K | No change |
| FSLR First Solar Inc. | 0.03% | 1,637 | $207K | Reduce -14.4% |
| BE Bloom Energy Corp. Class A | 0.03% | 10,398 | $204K | New |
| SOFI Sofi Technologies Inc. | 0.02% | 12,893 | $150K | Add +25.1% |
| PACB Pacific Biosciences of Calif | 0.00% | 31,000 | $37K | New |
| BFLY Butterfly Network Inc. | 0.00% | 11,500 | $26K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $887K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 10,564 | $887K | New |
Total filed on the 13F, all lines: $749.5M.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -10.8% | 11.61% | −2.25 |
| IBM Intl Business Machines Corp. | Reduce -91.9% | 0.15% | −1.26 |
| MSTR Strategy Inc. | Reduce -94.9% | 0.07% | −1.10 |
| MAR Marriott International Class A | Reduce -48.7% | 1.05% | −1.01 |
| XYZ Block Inc. | Reduce -36.2% | 0.79% | −0.87 |
| NET Cloudflare Inc. Class A | Reduce -39.3% | 2.42% | −0.85 |
| MSFT Microsoft Corp. | Reduce -20.1% | 3.70% | −0.77 |
| BLK BlackRock Inc. | Reduce -70.9% | 0.32% | −0.70 |
| CRM Salesforce Inc. | Reduce -38.2% | 0.73% | −0.54 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.38 |
| GOOGL Alphabet Inc. Class A | Reduce -1.6% | 4.68% | −0.32 |
| AMD Advanced Micro Devices | Reduce -11.1% | 2.09% | −0.28 |
| SHOP Shopify Inc. Class A | Reduce -39.5% | 0.47% | −0.28 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -85.5% | 0.05% | −0.23 |
| AMZN Amazon.com Inc. | Reduce -4.1% | 3.96% | −0.13 |
| MCHP Microchip Technology Inc. | Reduce -23.8% | 0.18% | −0.06 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.06 |
| ENPH Enphase Energy Inc. | Reduce -23.8% | 0.16% | −0.04 |
| V Visa Inc. Class A | Reduce -24.7% | 0.99% | −0.03 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.03 |
| ZTS Zoetis Inc. | Reduce -26.5% | 0.17% | −0.03 |
| AAPL Apple Inc. | Reduce -3.4% | 7.53% | −0.02 |
| EXR Extra Space Storage Inc. | Reduce -23.8% | 0.10% | −0.01 |
| FSLR First Solar Inc. | Reduce -14.4% | 0.03% | −0.01 |
| SNOW Snowflake Inc. | Reduce -13.0% | 0.11% | −0.00 |
| CNI Canadian Natl Railway Co. | Reduce -12.5% | 0.05% | −0.00 |
| CL Colgate-Palmolive Co. | Reduce -19.4% | 0.03% | −0.00 |
| CARR Carrier Global Corp. | Reduce -7.6% | 0.25% | −0.00 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -0.6% | 0.14% | +0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.9% | 0.08% | +0.01 |
| PSA Public Storage | Reduce -0.8% | 0.12% | +0.02 |
| MRSH Marsh & McLennan Cos | Reduce -20.6% | 0.32% | +0.02 |
| MDT Medtronic PLC | Reduce -2.0% | 0.09% | +0.02 |
| LOW Lowe's Cos Inc. | Reduce -6.9% | 0.92% | +0.02 |
| XOM Exxon Mobil Corp. | Reduce -2.3% | 0.11% | +0.02 |
| AON Aon PLC Class A | Reduce -7.6% | 0.14% | +0.02 |
| AXP American Express Co. | Reduce -0.1% | 0.55% | +0.03 |
| ITW Illinois Tool Works | Reduce -1.6% | 0.38% | +0.04 |
| LIN Linde PLC | Reduce -5.5% | 0.31% | +0.06 |
| PANW Palo Alto Networks Inc. | Reduce -2.8% | 1.06% | +0.06 |
| ABBV Abbvie Inc. | Reduce -0.8% | 0.24% | +0.06 |
| FAST Fastenal Co. | Reduce -0.5% | 0.33% | +0.07 |
| CTAS Cintas Corp. | Reduce -0.1% | 0.29% | +0.07 |
| UNP Union Pacific Corp. | Reduce -0.0% | 0.63% | +0.11 |
| COST Costco Wholesale Corp. | Reduce -2.6% | 1.23% | +0.18 |
| LLY Eli Lilly & Co. | Reduce -8.6% | 1.57% | +0.19 |
| WMT Walmart Inc. | Reduce -0.7% | 2.16% | +0.24 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -5.3% | 13.44% | +3.04 |
Portfolio Buys Q4 2024 → Q1 2025
| TFLO iShares Treasury Floating Ra | New | 2.83% | +2.83 |
| FLOT iShares Floating Rate Bond E | Add +30.4% | 6.41% | +2.20 |
| META Meta Platforms Inc. Class A | Add +19.6% | 2.82% | +0.76 |
| VEEV Veeva Systems Inc. Class A | Add +191.3% | 0.70% | +0.51 |
| PLTR Palantir Technologies Inc. Class A | Add +1.6% | 2.10% | +0.51 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.7% | 1.52% | +0.42 |
| MS Morgan Stanley | Add +21.0% | 1.27% | +0.30 |
| NEE Nextera Energy Inc. | Add +108.2% | 0.33% | +0.19 |
| AMAT Applied Materials Inc. | New | 0.16% | +0.16 |
| FLTR Vaneck Ig Floating Rate ETF | New | 0.15% | +0.15 |
| WM Waste Management Inc. | Add +11.3% | 0.41% | +0.13 |
| ETN Eaton Corp. PLC | New | 0.09% | +0.09 |
| ENB Enbridge Inc. | Add +31.3% | 0.21% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +0.7% | 0.47% | +0.08 |
| HD Home Depot Inc. | Add +0.1% | 0.77% | +0.07 |
| ZG Zillow Group Inc. Class A | Add +0.0% | 0.65% | +0.06 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +12.3% | 0.22% | +0.06 |
| SCHB Schwab US Broad Market ETF | New | 0.04% | +0.04 |
| NFLX Netflix Inc. | Add +26.7% | 0.12% | +0.04 |
| ETF OPPORTUNITIES TRUST | Add +205.6% | 0.06% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +1.1% | 0.21% | +0.04 |
| BE Bloom Energy Corp. Class A | New | 0.03% | +0.03 |
| AVGO Broadcom Inc. | Add +47.7% | 0.12% | +0.02 |
| CVX Chevron Corp. | Add +2.0% | 0.07% | +0.02 |
| ACN Accenture PLC Class A | Add +1.4% | 0.35% | +0.02 |
| ZBRA Zebra Technologies Corp. Class A | Add +19.4% | 0.79% | +0.01 |
| ORCL Oracle Corp. | Add +16.6% | 0.07% | +0.01 |
| DIS The Walt Disney Co. | Add +1.8% | 0.13% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +1.1% | 0.05% | +0.01 |
| PACB Pacific Biosciences of Calif | New | 0.00% | +0.00 |
| SCHG Schwab US Large-Cap Growth | Add +2.4% | 0.03% | +0.00 |
| SOFI Sofi Technologies Inc. | Add +25.1% | 0.02% | +0.00 |
| GOOG Alphabet Inc. Class C | Add +1.3% | 0.19% | −0.01 |
| NOW ServiceNow Inc. | Add +11.6% | 3.06% | −0.08 |
| VRT Vertiv Holdings Co. Class A | Add +5.7% | 2.50% | −0.70 |
| MRVL Marvell Technology Inc. | Add +2.1% | 3.09% | −1.58 |
Notes & Other Activity Q4 2024 → Q1 2025
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | New | 10,564 | $887K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 115 | $1.1B | NVDA, FLOT, BRK.A, MRVL, AAPL |
| Q1 2026 | 112 | $908.9M | NVDA, BRK.A, FLOT, AAPL, VRT |
| Q4 2025 | 109 | $924.7M | NVDA, BRK.A, FLOT, AAPL, GOOGL |
| Q3 2025 | 113 | $958.5M | NVDA, BRK.A, FLOT, AAPL, MSFT |
| Q2 2025 | 103 | $872.1M | NVDA, BRK.A, AAPL, FLOT, MSFT |
| Q1 2025 | 100 | $748.7M | BRK.A, NVDA, AAPL, FLOT, GOOGL |
| Q4 2024 | 96 | $871.4M | NVDA, BRK.A, AAPL, GOOGL, MRVL |
| Q3 2024 | 101 | $801.8M | NVDA, BRK.A, AAPL, MSFT, GOOGL |
| Q2 2024 | 104 | $744.1M | NVDA, BRK.A, AAPL, MSFT, GOOGL |
| Q1 2024 | 409 | $567.8M | CGDV, VTI, AAPL, AMZN, MSFT |