Hayek Kallen Investment Management

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), Hayek Kallen Investment Management reported 93 stock positions worth $260.9 million. Its top holding was Microsoft (MSFT) at 10.2% of the portfolio, followed by Apple (AAPL, 9.4%) and Berkshire Hathaway Class B (BRK.B, 6.0%). Compared with Q4 2023, it opened 6 new positions, added to 35 and reduced 29. The biggest buy was a new position in BP PLC-Spons ADR (BP) and the biggest sale Apple (AAPL, shares −0%).

Most Recent 13F
Q2 2026
Location
FAIRHOPE, AL
CIK
0001430681
Portfolio Value
$260.9M (Q1 2024)
SEC Filing
0001430681-24-000003 ↗ filed May 3, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $260.9M $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 Q2 2026

Holdings 93 stocks · $260.9M
MSFT Microsoft Corp. 10.19% 63,218 $26.6M Reduce -1.8%
AAPL Apple Inc. 9.42% 143,338 $24.6M Reduce -0.5%
BRK.B Berkshire Hathaway Inc. Class B 6.04% 37,502 $15.8M Add +0.3%
WM Waste Management Inc. 3.88% 47,485 $10.1M Add +0.4%
GOOGL Alphabet Inc. Class A 3.20% 55,376 $8.4M Add +0.1%
WMT Walmart Inc. 2.97% 128,765 $7.7M Add +1.1%
NVO Novo-Nordisk A/S-Spons ADR 2.89% 58,635 $7.5M Reduce -3.1%
NVDA Nvidia Corp. 2.71% 7,829 $7.1M Reduce -15.6%
TMO Thermo Fisher Scientific Inc. 2.45% 10,994 $6.4M Reduce -0.8%
V Visa Inc. Class A 2.31% 21,571 $6.0M Add +0.0%
ABBV Abbvie Inc. 2.30% 32,967 $6.0M Add +0.3%
ORCL Oracle Corp. 2.26% 46,963 $5.9M Reduce -0.5%
JNJ Johnson & Johnson 2.21% 36,413 $5.8M Add +0.7%
JPM JPMorgan Chase & Co. 2.12% 27,558 $5.5M Add +1.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.00% 27,302 $5.2M Add +1.0%
UNP Union Pacific Corp. 1.99% 21,125 $5.2M Reduce -0.6%
CAT Caterpillar Inc. 1.81% 12,861 $4.7M No change
KO The Coca-Cola Co. 1.80% 76,876 $4.7M Add +0.6%
PEP Pepsico Inc. 1.73% 25,740 $4.5M Add +6.8%
INTC Intel Corp. 1.71% 100,923 $4.5M Reduce -0.1%
VZ Verizon Communications Inc. 1.65% 102,371 $4.3M Add +7.3%
NVS Novartis AG-Sponsored ADR 1.52% 40,965 $4.0M Add +0.4%
VGSH Vanguard Short-Term Treasury 1.47% 65,928 $3.8M Reduce -4.2%
JPST JPMorgan Ultra-Short Income 1.46% 75,416 $3.8M Add +0.8%
AMZN Amazon.com Inc. 1.41% 20,415 $3.7M Reduce -0.4%
ACN Accenture PLC Class A 1.38% 10,379 $3.6M Reduce -0.2%
MCD McDonald's Corp. 1.34% 12,380 $3.5M Add +1.4%
MRK Merck & Co. Inc. 1.30% 25,753 $3.4M Add +0.2%
PFE Pfizer Inc. 1.14% 107,420 $3.0M Add +3.7%
PM Philip Morris International 1.03% 29,209 $2.7M Add +1.2%
TGT Target Corp. 0.91% 13,418 $2.4M Reduce -0.3%
SO The Southern Co. 0.88% 31,885 $2.3M Reduce -2.3%
VYM Vanguard High DVD Yield ETF 0.87% 18,841 $2.3M Reduce -1.6%
LOW Lowe's Cos Inc. 0.84% 8,586 $2.2M Reduce -1.1%
XOM Exxon Mobil Corp. 0.84% 18,804 $2.2M Reduce -0.5%
BP BP PLC-Spons ADR 0.82% 56,935 $2.1M New
AGG iShares Core U.S. Aggregate 0.81% 21,571 $2.1M Reduce -3.8%
QQQ Invesco QQQ Trust Series 1 0.81% 4,731 $2.1M Add +0.3%
CVX Chevron Corp. 0.75% 12,463 $2.0M Add +0.1%
MO Altria Group Inc. 0.71% 42,521 $1.9M Add +0.0%
SCHP Schwab U.S. Tips ETF 0.70% 34,937 $1.8M Reduce -10.5%
HD Home Depot Inc. 0.64% 4,344 $1.7M No change
CVS CVS Health Corp. 0.60% 19,623 $1.6M Reduce -0.2%
CSCO Cisco Systems Inc. 0.59% 30,866 $1.5M Reduce -0.3%
ZTS Zoetis Inc. 0.58% 8,900 $1.5M Reduce -4.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.52% 11,008 $1.3M Add +0.0%
USB US Bancorp 0.50% 28,917 $1.3M Add +5.7%
T AT&T Inc. 0.40% 59,996 $1.1M Add +8.9%
SBUX Starbucks Corp. 0.38% 10,890 $995K Add +23.3%
DUK Duke Energy Corp. 0.36% 9,674 $936K Reduce -0.2%
ICLR Icon PLC 0.35% 2,755 $926K Reduce -0.5%
SHEL Shell PLC-ADR 0.35% 13,598 $912K Add +0.1%
AMARIN CORP PLC 0.35% 1,016,760 $906K No change
SCHD Schwab US DVD Equity ETF 0.34% 11,110 $896K Add +11.2%
NSC Norfolk Southern Corp. 0.31% 3,220 $821K No change
ABT Abbott Laboratories 0.28% 6,480 $737K No change
KVUE Kenvue Inc. 0.28% 34,100 $732K Reduce -8.0%
ADP Automatic Data Processing 0.24% 2,550 $637K No change
MA Mastercard Inc. Class A 0.24% 1,318 $635K Reduce -3.6%
PG The Procter & Gamble Co. 0.24% 3,782 $614K Add +0.0%
D Dominion Energy Inc. 0.23% 12,191 $600K Reduce -32.5%
BA The Boeing Co. 0.20% 2,750 $531K Reduce -4.3%
DE Deere & Co. 0.20% 1,277 $525K No change
PH Parker Hannifin Corp. 0.20% 925 $514K No change
RTX CORPORATION 0.19% 5,042 $492K Add +0.1%
HON Honeywell International Inc. 0.17% 2,181 $448K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.16% 11,006 $417K Add +39.6%
GL Globe Life Inc. 0.15% 3,438 $400K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.14% 6,429 $370K No change
C Citigroup Inc. 0.14% 5,717 $362K Add +20.2%
SUB iShares Short-Term National 0.14% 3,425 $359K Add +6.2%
TFC Truist Financial Corp. 0.14% 9,047 $353K No change
SCHQ Schwab Long-Term US Treasury 0.13% 10,250 $346K Add +4.1%
ETN Eaton Corp. PLC 0.13% 1,096 $343K No change
MDLZ Mondelez International Inc. Class A 0.12% 4,472 $313K No change
SHW The Sherwin-Williams Co. 0.12% 878 $305K New
NEE Nextera Energy Inc. 0.11% 4,535 $290K No change
GOOG Alphabet Inc. Class C 0.11% 1,890 $288K No change
AYI Acuity Inc. 0.11% 1,043 $280K No change
WFC Wells Fargo & Co. 0.11% 4,760 $276K Reduce -2.1%
IWM iShares Russell 2000 ETF 0.10% 1,305 $274K No change
META Meta Platforms Inc. Class A 0.10% 551 $267K New
MCK McKesson Corp. 0.09% 455 $244K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.09% 465 $243K New
NZF Nuveen Municipal Credit Inc. 0.08% 17,459 $214K Add +0.3%
KMB Kimberly-Clark Corp. 0.08% 1,612 $209K New
RSP Invesco S&P 500 Equal Weight 0.08% 1,200 $203K New
RFMZ Rivernorth Flex Muni II 0.07% 12,500 $175K No change
PRA Proassurance Corp. 0.06% 11,866 $153K No change
BBVA Banco Bilbao Vizcaya-SP ADR 0.06% 12,147 $144K Reduce -4.0%
AVXL Anavex Life Sciences Corp. 0.02% 11,323 $58K Add +6.1%
BRBS Blue Ridge Bankshares Inc. 0.01% 13,234 $36K No change
SYNAPTOGENIX INC 0.00% 17,500 $3K No change

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -0.5% 9.42% −2.16
INTC Intel Corp. Reduce -0.1% 1.71% −0.41
VGSH Vanguard Short-Term Treasury Reduce -4.2% 1.47% −0.21
UNP Union Pacific Corp. Reduce -0.6% 1.99% −0.19
ZTS Zoetis Inc. Reduce -4.0% 0.58% −0.19
SCHP Schwab U.S. Tips ETF Reduce -10.5% 0.70% −0.15
ACN Accenture PLC Class A Reduce -0.2% 1.38% −0.15
D Dominion Energy Inc. Reduce -32.5% 0.23% −0.12
AGG iShares Core U.S. Aggregate Reduce -3.8% 0.81% −0.12
BA The Boeing Co. Reduce -4.3% 0.20% −0.11
SO The Southern Co. Reduce -2.3% 0.88% −0.08
CSCO Cisco Systems Inc. Reduce -0.3% 0.59% −0.06
KVUE Kenvue Inc. Reduce -8.0% 0.28% −0.05
CVS CVS Health Corp. Reduce -0.2% 0.60% −0.05
DUK Duke Energy Corp. Reduce -0.2% 0.36% −0.03
VYM Vanguard High DVD Yield ETF Reduce -1.6% 0.87% −0.02
TMO Thermo Fisher Scientific Inc. Reduce -0.8% 2.45% −0.01
MA Mastercard Inc. Class A Reduce -3.6% 0.24% −0.00
WFC Wells Fargo & Co. Reduce -2.1% 0.11% +0.01
BBVA Banco Bilbao Vizcaya-SP ADR Reduce -4.0% 0.06% +0.01
ICLR Icon PLC Reduce -0.5% 0.35% +0.03
LOW Lowe's Cos Inc. Reduce -1.1% 0.84% +0.03
XOM Exxon Mobil Corp. Reduce -0.5% 0.84% +0.05
MSFT Microsoft Corp. Reduce -1.8% 10.19% +0.09
AMZN Amazon.com Inc. Reduce -0.4% 1.41% +0.11
TGT Target Corp. Reduce -0.3% 0.91% +0.11
ORCL Oracle Corp. Reduce -0.5% 2.26% +0.18
NVO Novo-Nordisk A/S-Spons ADR Reduce -3.1% 2.89% +0.27
NVDA Nvidia Corp. Reduce -15.6% 2.71% +0.79

Portfolio Buys Q4 2023 → Q1 2024
BP BP PLC-Spons ADR New 0.82% +0.82
BRK.B Berkshire Hathaway Inc. Class B Add +0.3% 6.04% +0.48
WM Waste Management Inc. Add +0.4% 3.88% +0.34
JPM JPMorgan Chase & Co. Add +1.1% 2.12% +0.18
ABBV Abbvie Inc. Add +0.3% 2.30% +0.17
WMT Walmart Inc. Add +1.1% 2.97% +0.17
IBM Intl Business Machines Corp. Add +1.0% 2.00% +0.15
VZ Verizon Communications Inc. Add +7.3% 1.65% +0.14
MRK Merck & Co. Inc. Add +0.2% 1.30% +0.13
SHW The Sherwin-Williams Co. New 0.12% +0.12
META Meta Platforms Inc. Class A New 0.10% +0.10
DIS The Walt Disney Co. Add +0.0% 0.52% +0.10
SPY SS SPDR S&P 500 ETF Trust-US New 0.09% +0.09
KMB Kimberly-Clark Corp. New 0.08% +0.08
RSP Invesco S&P 500 Equal Weight New 0.08% +0.08
BAC Bank of America Corp. Add +39.6% 0.16% +0.05
C Citigroup Inc. Add +20.2% 0.14% +0.04
SBUX Starbucks Corp. Add +23.3% 0.38% +0.03
SCHD Schwab US DVD Equity ETF Add +11.2% 0.34% +0.03
T AT&T Inc. Add +8.9% 0.40% +0.02
PEP Pepsico Inc. Add +6.8% 1.73% +0.02
RTX CORPORATION Add +0.1% 0.19% +0.01
PG The Procter & Gamble Co. Add +0.0% 0.24% +0.00
USB US Bancorp Add +5.7% 0.50% +0.00
QQQ Invesco QQQ Trust Series 1 Add +0.3% 0.81% −0.00
NZF Nuveen Municipal Credit Inc. Add +0.3% 0.08% −0.00
SUB iShares Short-Term National Add +6.2% 0.14% −0.00
MO Altria Group Inc. Add +0.0% 0.71% −0.01
SCHQ Schwab Long-Term US Treasury Add +4.1% 0.13% −0.01
AVXL Anavex Life Sciences Corp. Add +6.1% 0.02% −0.02
GOOGL Alphabet Inc. Class A Add +0.1% 3.20% −0.02
CVX Chevron Corp. Add +0.1% 0.75% −0.02
SHEL Shell PLC-ADR Add +0.1% 0.35% −0.02
V Visa Inc. Class A Add +0.0% 2.31% −0.04
KO The Coca-Cola Co. Add +0.6% 1.80% −0.08
PFE Pfizer Inc. Add +3.7% 1.14% −0.10
PM Philip Morris International Add +1.2% 1.03% −0.11
JPST JPMorgan Ultra-Short Income Add +0.8% 1.46% −0.11
JNJ Johnson & Johnson Add +0.7% 2.21% −0.16
MCD McDonald's Corp. Add +1.4% 1.34% −0.17
NVS Novartis AG-Sponsored ADR Add +0.4% 1.52% −0.20

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