Hayek Kallen Investment Management

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 17, 2026), Hayek Kallen Investment Management reported 97 stock positions worth $329.7 million. Its top holding was Apple (AAPL) at 11.6% of the portfolio, followed by Microsoft (MSFT, 6.6%) and Alphabet Class A (GOOGL, 5.7%). Compared with Q1 2026, it opened 5 new positions, sold out of 1, added to 37 and reduced 33. The biggest buy was Cisco Systems (CSCO, shares +0%) and the biggest sale Walmart (WMT, shares −1%).

Most Recent 13F
Q2 2026
Location
FAIRHOPE, AL
CIK
0001430681
Portfolio Value
$329.7M (Q2 2026)
SEC Filing
0001430681-26-000003 ↗ filed Aug 17, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $260.9M Q1 2024 Q2 2024: $268.2M Q2 2024 Q3 2024: $282.2M Q3 2024 Q4 2024: $275.1M Q4 2024 Q1 2025: $271.5M Q1 2025 Q2 2025: $294.0M Q2 2025 Q3 2025: $316.8M Q3 2025 Q4 2025: $316.8M Q4 2025 Q1 2026: $307.0M Q1 2026 Q2 2026: $329.7M $329.7M Q2 2026

Holdings 97 stocks · $329.7M
AAPL Apple Inc. 11.64% 132,590 $38.4M Reduce -0.6%
MSFT Microsoft Corp. 6.63% 58,559 $21.8M Reduce -0.4%
GOOGL Alphabet Inc. Class A 5.74% 52,981 $18.9M Reduce -2.6%
BRK.B Berkshire Hathaway Inc. Class B 5.49% 36,172 $18.1M Reduce -0.7%
WMT Walmart Inc. 4.04% 117,484 $13.3M Reduce -1.4%
NVDA Nvidia Corp. 3.97% 65,406 $13.1M Reduce -0.4%
CAT Caterpillar Inc. 3.75% 11,607 $12.4M Reduce -2.4%
WM Waste Management Inc. 3.16% 46,746 $10.4M Add +1.4%
JPM JPMorgan Chase & Co. 2.96% 29,852 $9.8M Add +1.0%
JNJ Johnson & Johnson 2.82% 36,608 $9.3M Add +0.6%
ABBV Abbvie Inc. 2.51% 32,910 $8.3M Reduce -0.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.35% 27,560 $7.8M Add +1.3%
V Visa Inc. Class A 2.26% 21,711 $7.4M Add +0.6%
SGOV iShares 0-3 Month Treasury B 1.93% 63,313 $6.4M Add +4.2%
KO The Coca-Cola Co. 1.90% 77,223 $6.3M Add +1.1%
AMZN Amazon.com Inc. 1.83% 25,353 $6.0M Add +4.5%
NVS Novartis AG-Sponsored ADR 1.78% 37,538 $5.9M Reduce -1.4%
PM Philip Morris International 1.64% 29,900 $5.4M Add +0.5%
VZ Verizon Communications Inc. 1.62% 126,321 $5.3M Add +1.7%
UNP Union Pacific Corp. 1.58% 19,142 $5.2M Reduce -0.3%
ORCL Oracle Corp. 1.48% 33,216 $4.9M Reduce -4.9%
QQQ Invesco QQQ Trust Series 1 1.40% 6,247 $4.6M Add +2.1%
JPST JPMorgan Ultra-Short Income 1.37% 89,474 $4.5M Add +6.6%
TMO Thermo Fisher Scientific Inc. 1.33% 8,765 $4.4M Reduce -2.4%
VYM Vanguard High DVD Yield ETF 1.27% 26,407 $4.2M Add +17.5%
BP BP PLC-Spons ADR 1.23% 109,902 $4.1M Reduce -1.9%
CSCO Cisco Systems Inc. 1.12% 31,510 $3.7M Add +0.3%
PEP Pepsico Inc. 1.03% 25,038 $3.4M Reduce -2.1%
DE Deere & Co. 1.02% 5,278 $3.3M Add +2.3%
MO Altria Group Inc. 0.95% 43,485 $3.1M Add +0.7%
MRK Merck & Co. Inc. 0.94% 24,059 $3.1M Add +1.5%
MCD McDonald's Corp. 0.90% 11,019 $3.0M Reduce -0.5%
C Citigroup Inc. 0.85% 20,037 $2.8M Add +3.1%
SO The Southern Co. 0.82% 28,200 $2.7M No change
VGSH Vanguard Short-Term Treasury 0.76% 43,316 $2.5M Reduce -6.3%
CVX Chevron Corp. 0.72% 14,400 $2.4M Reduce -0.4%
XOM Exxon Mobil Corp. 0.72% 17,362 $2.4M Reduce -1.7%
PFE Pfizer Inc. 0.69% 94,912 $2.3M Reduce -1.3%
LOW Lowe's Cos Inc. 0.55% 8,255 $1.8M Reduce -1.8%
USB US Bancorp 0.51% 27,974 $1.7M Reduce -7.3%
HD Home Depot Inc. 0.51% 4,781 $1.7M Add +0.5%
T AT&T Inc. 0.47% 75,474 $1.6M Add +3.1%
AGG iShares Core U.S. Aggregate 0.47% 15,515 $1.5M Reduce -1.4%
SBUX Starbucks Corp. 0.45% 14,537 $1.5M Reduce -1.4%
BAC Bank of America Corp. 0.44% 25,290 $1.4M Add +7.0%
DUK Duke Energy Corp. 0.40% 10,493 $1.3M Add +0.1%
MA Mastercard Inc. Class A 0.34% 2,159 $1.1M Add +10.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.33% 11,134 $1.1M Reduce -2.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.32% 1,418 $1.1M Add +7.3%
NSC Norfolk Southern Corp. 0.31% 3,220 $1.0M No change
BNY Bank of New York Mellon Corp. 0.28% 6,429 $930K No change
GOOG Alphabet Inc. Class C 0.27% 2,539 $897K Add +0.3%
TSLA Tesla Inc. 0.27% 2,078 $874K Add +2.7%
SCHD Schwab US DVD Equity ETF 0.25% 25,471 $808K Reduce -3.7%
RTX RTX Corp. 0.24% 4,232 $803K Reduce -1.2%
BA The Boeing Co. 0.24% 3,650 $790K No change
SHEL Shell PLC-ADR 0.23% 9,904 $768K Reduce -19.6%
META Meta Platforms Inc. Class A 0.23% 1,317 $742K Add +27.4%
PH Parker Hannifin Corp. 0.21% 725 $709K No change
MU Micron Technology Inc. 0.21% 597 $689K Reduce -21.1%
SCHP Schwab U.S. Tips ETF 0.21% 25,671 $680K Reduce -5.8%
D Dominion Energy Inc. 0.19% 9,028 $616K No change
GL Globe Life Inc. 0.19% 3,425 $612K No change
NEE Nextera Energy Inc. 0.17% 6,523 $573K Add +64.3%
ADP Automatic Data Processing 0.17% 2,550 $571K No change
PG The Procter & Gamble Co. 0.17% 3,853 $565K No change
ACN Accenture PLC Class A 0.17% 4,481 $558K Reduce -34.7%
ABT Abbott Laboratories 0.17% 6,080 $552K No change
AMD Advanced Micro Devices 0.15% 859 $499K New
AVGO Broadcom Inc. 0.15% 1,314 $497K Add +60.4%
LRCX Lam Research Corp. 0.15% 1,112 $482K New
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.14% 898 $469K Reduce -4.2%
WFC Wells Fargo & Co. 0.14% 5,655 $467K Add +0.5%
ETN Eaton Corp. PLC 0.14% 1,096 $467K No change
SUB iShares Short-Term National 0.14% 4,325 $460K Add +16.1%
WDC Western Digital Corp. 0.14% 700 $447K Reduce -9.7%
TFC Truist Financial Corp. 0.12% 8,250 $411K No change
IWM iShares Russell 2000 ETF 0.12% 1,305 $392K No change
MUB iShares National Muni Bond E 0.12% 3,630 $391K Add +29.6%
VCIT Vanguard Int-Term Corporate 0.11% 4,426 $366K Add +1.6%
AYI Acuity Inc. 0.10% 903 $340K No change
VTEB Vanguard Tax-Exempt Bond ETF 0.10% 6,407 $324K Add +6.7%
SCHQ Schwab Long-Term US Treasury 0.09% 9,990 $313K Reduce -5.7%
CTVA Corteva Inc. 0.09% 3,419 $290K No change
RSP Invesco S&P 500 Equal Weight 0.08% 1,240 $264K Add +3.3%
MDLZ Mondelez International Inc. Class A 0.08% 4,472 $259K No change
HON Honeywell International Inc. 0.07% 1,105 $247K Add +1.3%
HONA Honeywell Aerospace Inc. 0.07% 1,105 $244K Add +1.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.07% 1,044 $228K No change
DRAM Roundhill Memory ETF 0.06% 2,900 $214K New
HBAN Huntington Bancshares Inc. 0.06% 11,984 $212K No change
SCMB Schwab Municipal Bond ETF 0.06% 8,000 $207K New
BX Blackstone Inc. 0.06% 1,750 $206K No change
AMRN Amarin Corp. PLC -ADR 0.06% 12,809 $204K No change
FLMI Franklin Dynamic Municipal B 0.06% 8,000 $201K New
CRMD Cormedix Inc. 0.04% 15,728 $123K No change
AVXL Anavex Life Sciences Corp. 0.04% 47,109 $122K No change

Portfolio Sells Q1 2026 → Q2 2026
WMT Walmart Inc. Reduce -1.4% 4.04% −0.79
BP BP PLC-Spons ADR Reduce -1.9% 1.23% −0.48
MSFT Microsoft Corp. Reduce -0.4% 6.63% −0.47
ACN Accenture PLC Class A Reduce -34.7% 0.17% −0.27
PEP Pepsico Inc. Reduce -2.1% 1.03% −0.27
XOM Exxon Mobil Corp. Reduce -1.7% 0.72% −0.26
CVX Chevron Corp. Reduce -0.4% 0.72% −0.25
MCD McDonald's Corp. Reduce -0.5% 0.90% −0.22
ORCL Oracle Corp. Reduce -4.9% 1.48% −0.20
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.7% 5.49% −0.19
PFE Pfizer Inc. Reduce -1.3% 0.69% −0.19
SHEL Shell PLC-ADR Reduce -19.6% 0.23% −0.14
VGSH Vanguard Short-Term Treasury Reduce -6.3% 0.76% −0.12
NVS Novartis AG-Sponsored ADR Reduce -1.4% 1.78% −0.11
TMO Thermo Fisher Scientific Inc. Reduce -2.4% 1.33% −0.11
LOW Lowe's Cos Inc. Reduce -1.8% 0.55% −0.09
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.07
AGG iShares Core U.S. Aggregate Reduce -1.4% 0.47% −0.04
DIS The Walt Disney Co. Reduce -2.0% 0.33% −0.03
SCHP Schwab U.S. Tips ETF Reduce -5.8% 0.21% −0.03
RTX RTX Corp. Reduce -1.2% 0.24% −0.03
SCHD Schwab US DVD Equity ETF Reduce -3.7% 0.25% −0.02
SCHQ Schwab Long-Term US Treasury Reduce -5.7% 0.09% −0.01
DIA SS SPDR Dow Jones Indus Avg Reduce -4.2% 0.14% +0.00
USB US Bancorp Reduce -7.3% 0.51% +0.00
SBUX Starbucks Corp. Reduce -1.4% 0.45% +0.02
UNP Union Pacific Corp. Reduce -0.3% 1.58% +0.06
WDC Western Digital Corp. Reduce -9.7% 0.14% +0.07
MU Micron Technology Inc. Reduce -21.1% 0.21% +0.13
ABBV Abbvie Inc. Reduce -0.1% 2.51% +0.18
NVDA Nvidia Corp. Reduce -0.4% 3.97% +0.24
AAPL Apple Inc. Reduce -0.6% 11.64% +0.61
GOOGL Alphabet Inc. Class A Reduce -2.6% 5.74% +0.65
CAT Caterpillar Inc. Reduce -2.4% 3.75% +1.00

Portfolio Buys Q1 2026 → Q2 2026
CSCO Cisco Systems Inc. Add +0.3% 1.12% +0.33
QQQ Invesco QQQ Trust Series 1 Add +2.1% 1.40% +0.24
IBM Intl Business Machines Corp. Add +1.3% 2.35% +0.20
AMZN Amazon.com Inc. Add +4.5% 1.83% +0.19
VYM Vanguard High DVD Yield ETF Add +17.5% 1.27% +0.18
AMD Advanced Micro Devices New 0.15% +0.15
LRCX Lam Research Corp. New 0.15% +0.15
V Visa Inc. Class A Add +0.6% 2.26% +0.13
C Citigroup Inc. Add +3.1% 0.85% +0.13
JPM JPMorgan Chase & Co. Add +1.0% 2.96% +0.13
DE Deere & Co. Add +2.3% 1.02% +0.07
AVGO Broadcom Inc. Add +60.4% 0.15% +0.07
DRAM Roundhill Memory ETF New 0.06% +0.06
SCMB Schwab Municipal Bond ETF New 0.06% +0.06
BAC Bank of America Corp. Add +7.0% 0.44% +0.06
FLMI Franklin Dynamic Municipal B New 0.06% +0.06
NEE Nextera Energy Inc. Add +64.3% 0.17% +0.05
SPY SS SPDR S&P 500 ETF Trust-US Add +7.3% 0.32% +0.04
PM Philip Morris International Add +0.5% 1.64% +0.04
GOOG Alphabet Inc. Class C Add +0.3% 0.27% +0.04
META Meta Platforms Inc. Class A Add +27.4% 0.23% +0.03
MUB iShares National Muni Bond E Add +29.6% 0.12% +0.02
MO Altria Group Inc. Add +0.7% 0.95% +0.02
TSLA Tesla Inc. Add +2.7% 0.27% +0.02
MA Mastercard Inc. Class A Add +10.1% 0.34% +0.02
KO The Coca-Cola Co. Add +1.1% 1.90% +0.01
SUB iShares Short-Term National Add +16.1% 0.14% +0.01
MRK Merck & Co. Inc. Add +1.5% 0.94% +0.01
RSP Invesco S&P 500 Equal Weight Add +3.3% 0.08% +0.01
HD Home Depot Inc. Add +0.5% 0.51% +0.00
VTEB Vanguard Tax-Exempt Bond ETF Add +6.7% 0.10% +0.00
WFC Wells Fargo & Co. Add +0.5% 0.14% −0.00
HONA Honeywell Aerospace Inc. Add +1.3% 0.07% −0.00
VCIT Vanguard Int-Term Corporate Add +1.6% 0.11% −0.01
JPST JPMorgan Ultra-Short Income Add +6.6% 1.37% −0.01
DUK Duke Energy Corp. Add +0.1% 0.40% −0.04
SGOV iShares 0-3 Month Treasury B Add +4.2% 1.93% −0.06
JNJ Johnson & Johnson Add +0.6% 2.82% −0.08
HON Honeywell International Inc. Add +1.3% 0.07% −0.09
T AT&T Inc. Add +3.1% 0.47% −0.22
WM Waste Management Inc. Add +1.4% 3.16% −0.29
VZ Verizon Communications Inc. Add +1.7% 1.62% −0.41

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 97$329.7MAAPL, MSFT, GOOGL, BRK.B, WMT
Q1 2026 92$307.0MAAPL, MSFT, BRK.B, GOOGL, WMT
Q4 2025 93$316.8MAAPL, MICROSOFT CORP, BERKSHIRE HATHAWAY INC DEL, ALPHABET INC, WALMART INC
Q3 2025 94$316.8MAAPL, MSFT, BRK.B, GOOGL, NVDA
Q2 2025 94$294.0MMSFT, AAPL, BRK.B, WMT, NVDA
Q1 2025 92$271.5MAAPL, MSFT, BRK.B, WMT, WM
Q4 2024 91$275.1MAAPL, MSFT, BRK.B, WMT, GOOGL
Q3 2024 94$282.2MAAPL, MSFT, BRK.B, WMT, WM
Q2 2024 92$268.2MAAPL, MSFT, BRK.B, GOOGL, WM
Q1 2024 93$260.9MMSFT, AAPL, BRK.B, WM, GOOGL