Hayek Kallen Investment Management

Name: Hayek Kallen Investment Management 13F holdings, Q4 2024
Creator: Hayek Kallen Investment Management
Published: 2025-02-14

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Hayek Kallen Investment Management reported 91 stock positions worth $275.1 million. Its top holding was Apple (AAPL) at 12.5% of the portfolio, followed by Microsoft (MSFT, 9.2%) and Berkshire Hathaway Class B (BRK.B, 6.0%). Compared with Q3 2024, it sold out of 3, added to 19 and reduced 49. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +42%) and the biggest sale Novo-Nordisk A/S-Spons ADR (NVO, shares −2%).

Most Recent 13F: Q2 2026
Location: FAIRHOPE, AL
CIK: 0001430681
Portfolio Value: $275.1M (Q4 2024)
SEC Filing: 0001430681-25-000001 ↗ filed Feb 14, 2025

Holdings Value

Holdings 91 stocks · $275.1M


AAPL Apple Inc.	12.50%	137,360	$34.4M	Reduce -2.5%
MSFT Microsoft Corp.	9.21%	60,117	$25.3M	Reduce -2.4%
BRK.B Berkshire Hathaway Inc. Class B	6.02%	36,515	$16.6M	Reduce -1.3%
WMT Walmart Inc.	4.12%	125,337	$11.3M	Reduce -1.6%
GOOGL Alphabet Inc. Class A	3.72%	54,023	$10.2M	Reduce -0.4%
NVDA Nvidia Corp.	3.61%	73,875	$9.9M	Reduce -5.2%
WM Waste Management Inc.	3.38%	46,060	$9.3M	Reduce -1.0%
ORCL Oracle Corp.	2.68%	44,268	$7.4M	Reduce -3.0%
V Visa Inc. Class A	2.46%	21,435	$6.8M	Reduce -2.0%
JPM JPMorgan Chase & Co.	2.39%	27,449	$6.6M	Reduce -0.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	2.18%	27,245	$6.0M	Reduce -1.2%
ABBV Abbvie Inc.	2.16%	33,457	$5.9M	Add +1.1%
TMO Thermo Fisher Scientific Inc.	1.99%	10,549	$5.5M	Reduce -2.1%
JNJ Johnson & Johnson	1.95%	37,077	$5.4M	Reduce -0.0%
NVO Novo-Nordisk A/S-Spons ADR	1.73%	55,220	$4.8M	Reduce -2.4%
KO The Coca-Cola Co.	1.72%	75,937	$4.7M	Reduce -0.4%
AMZN Amazon.com Inc.	1.70%	21,267	$4.7M	Reduce -1.8%
UNP Union Pacific Corp.	1.67%	20,199	$4.6M	Reduce -3.6%
CAT Caterpillar Inc.	1.66%	12,594	$4.6M	Reduce -0.2%
VZ Verizon Communications Inc.	1.50%	103,349	$4.1M	Add +0.8%
PEP Pepsico Inc.	1.43%	25,892	$3.9M	Add +0.2%
JPST JPMorgan Ultra-Short Income	1.42%	77,556	$3.9M	Add +1.4%
NVS Novartis AG-Sponsored ADR	1.42%	40,075	$3.9M	Reduce -0.6%
SGOV iShares 0-3 Month Treasury B	1.34%	36,825	$3.7M	Add +42.2%
MCD McDonald's Corp.	1.30%	12,344	$3.6M	Reduce -1.7%
PM Philip Morris International	1.24%	28,436	$3.4M	Reduce -0.9%
ACN Accenture PLC Class A	1.24%	9,703	$3.4M	Reduce -1.3%
VGSH Vanguard Short-Term Treasury	1.18%	55,957	$3.3M	Add +197.1%
BP BP PLC-Spons ADR	1.11%	103,525	$3.1M	Add +17.5%
PFE Pfizer Inc.	0.99%	102,982	$2.7M	Reduce -3.4%
MRK Merck & Co. Inc.	0.92%	25,574	$2.5M	Reduce -0.7%
SO The Southern Co.	0.92%	30,638	$2.5M	Reduce -2.2%
QQQ Invesco QQQ Trust Series 1	0.89%	4,804	$2.5M	No change
VYM Vanguard High DVD Yield ETF	0.88%	18,984	$2.4M	Reduce -68.5%
MO Altria Group Inc.	0.80%	42,089	$2.2M	Reduce -0.1%
LOW Lowe's Cos Inc.	0.76%	8,443	$2.1M	Reduce -1.7%
XOM Exxon Mobil Corp.	0.73%	18,746	$2.0M	Add +0.2%
CVX Chevron Corp.	0.66%	12,478	$1.8M	Reduce -0.2%
TGT Target Corp.	0.65%	13,278	$1.8M	Add +0.7%
AGG iShares Core U.S. Aggregate	0.65%	18,501	$1.8M	Reduce -6.3%
CSCO Cisco Systems Inc.	0.65%	30,273	$1.8M	Reduce -1.3%
HD Home Depot Inc.	0.62%	4,395	$1.7M	Reduce -0.5%
T AT&T Inc.	0.51%	61,896	$1.4M	Add +2.7%
USB US Bancorp	0.46%	26,692	$1.3M	Reduce -1.1%
ZTS Zoetis Inc.	0.46%	7,741	$1.3M	Reduce -7.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.44%	10,764	$1.2M	Reduce -0.5%
SBUX Starbucks Corp.	0.43%	12,911	$1.2M	Reduce -0.7%
SCHP Schwab U.S. Tips ETF	0.41%	43,249	$1.1M	Reduce -16.3%
DUK Duke Energy Corp.	0.41%	10,346	$1.1M	Add +6.2%
SCHD Schwab US DVD Equity ETF	0.33%	32,781	$896K	Reduce -0.9%
SHEL Shell PLC-ADR	0.28%	12,449	$780K	Reduce -8.7%
NSC Norfolk Southern Corp.	0.27%	3,220	$756K	No change
ADP Automatic Data Processing	0.27%	2,550	$746K	No change
ABT Abbott Laboratories	0.26%	6,430	$727K	No change
MA Mastercard Inc. Class A	0.25%	1,313	$691K	Reduce -1.9%
TSLA Tesla Inc.	0.24%	1,653	$668K	No change
KVUE Kenvue Inc.	0.24%	31,105	$664K	Reduce -6.5%
PG The Procter & Gamble Co.	0.24%	3,906	$655K	Add +0.0%
D Dominion Energy Inc.	0.23%	11,504	$620K	Reduce -4.1%
RTX CORPORATION filed as RAYTHEON TECHNOLOGIES CORP	0.22%	5,132	$594K	Add +1.5%
PH Parker Hannifin Corp.	0.20%	875	$557K	Reduce -5.4%
DE Deere & Co.	0.20%	1,277	$541K	No change
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.19%	12,022	$528K	Add +2.0%
ICLR Icon PLC	0.18%	2,380	$499K	Reduce -5.0%
AMARIN CORP PLC	0.18%	1,024,315	$497K	No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.18%	6,429	$494K	No change
HON Honeywell International Inc.	0.18%	2,181	$493K	No change
BA The Boeing Co.	0.18%	2,750	$487K	No change
C Citigroup Inc.	0.18%	6,904	$486K	Reduce -2.7%
TFC Truist Financial Corp.	0.14%	9,047	$392K	No change
GL Globe Life Inc.	0.14%	3,425	$382K	Reduce -0.4%
GOOG Alphabet Inc. Class C	0.14%	1,990	$379K	No change
SPY SS SPDR S&P 500 ETF Trust-US	0.14%	646	$379K	Add +3.2%
ETN Eaton Corp. PLC	0.13%	1,096	$364K	No change
SUB iShares Short-Term National	0.13%	3,425	$361K	No change
META Meta Platforms Inc. Class A	0.12%	575	$337K	No change
WFC Wells Fargo & Co.	0.12%	4,760	$334K	No change
SCHQ Schwab Long-Term US Treasury	0.12%	10,250	$322K	No change
CVS CVS Health Corp.	0.11%	6,822	$306K	Reduce -64.7%
IWM iShares Russell 2000 ETF	0.10%	1,305	$288K	No change
AYI Acuity Inc.	0.10%	972	$284K	Reduce -6.8%
NEE Nextera Energy Inc.	0.10%	3,771	$270K	Reduce -16.9%
MDLZ Mondelez International Inc. Class A	0.10%	4,472	$267K	No change
MCK McKesson Corp.	0.09%	455	$259K	No change
KMB Kimberly-Clark Corp.	0.09%	1,934	$253K	Add +22.9%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE	0.09%	581	$247K	Add +3.6%
NZF Nuveen Municipal Credit Inc.	0.08%	17,666	$215K	Add +0.5%
RSP Invesco S&P 500 Equal Weight	0.08%	1,200	$210K	No change
AVXL Anavex Life Sciences Corp.	0.05%	11,902	$128K	Add +0.3%
BBVA Banco Bilbao Vizcaya-SP ADR	0.04%	11,147	$108K	No change
BRBS Blue Ridge Bankshares Inc.	0.02%	13,234	$43K	No change

Portfolio Sells Q3 2024 → Q4 2024


NVO Novo-Nordisk A/S-Spons ADR	Reduce -2.4%	1.73%	−0.66
VYM Vanguard High DVD Yield ETF	Reduce -68.5%	0.88%	−0.38
TMO Thermo Fisher Scientific Inc.	Reduce -2.1%	1.99%	−0.37
CVS CVS Health Corp.	Reduce -64.7%	0.11%	−0.32
NVS Novartis AG-Sponsored ADR	Reduce -0.6%	1.42%	−0.23
KO The Coca-Cola Co.	Reduce -0.4%	1.72%	−0.22
JNJ Johnson & Johnson	Reduce -0.0%	1.95%	−0.18
MSFT Microsoft Corp.	Reduce -2.4%	9.21%	−0.18
UNP Union Pacific Corp.	Reduce -3.6%	1.67%	−0.16
INTC Intel Corp.	Sold out	0.00%	−0.12
ZTS Zoetis Inc.	Reduce -7.8%	0.46%	−0.12
MRK Merck & Co. Inc.	Reduce -0.7%	0.92%	−0.11
PFE Pfizer Inc.	Reduce -3.4%	0.99%	−0.10
CAT Caterpillar Inc.	Reduce -0.2%	1.66%	−0.09
SCHP Schwab U.S. Tips ETF	Reduce -16.3%	0.41%	−0.09
SO The Southern Co.	Reduce -2.2%	0.92%	−0.08
ORCL Oracle Corp.	Reduce -3.0%	2.68%	−0.07
ICLR Icon PLC	Reduce -5.0%	0.18%	−0.07
CTVA Corteva Inc.	Sold out	0.00%	−0.07
LOW Lowe's Cos Inc.	Reduce -1.7%	0.76%	−0.07
RFMZ Rivernorth Flex Muni II	Sold out	0.00%	−0.06
AGG iShares Core U.S. Aggregate	Reduce -6.3%	0.65%	−0.06
MCD McDonald's Corp.	Reduce -1.7%	1.30%	−0.06
WM Waste Management Inc.	Reduce -1.0%	3.38%	−0.05
NEE Nextera Energy Inc.	Reduce -16.9%	0.10%	−0.04
SHEL Shell PLC-ADR	Reduce -8.7%	0.28%	−0.04
KVUE Kenvue Inc.	Reduce -6.5%	0.24%	−0.03
SBUX Starbucks Corp.	Reduce -0.7%	0.43%	−0.02
D Dominion Energy Inc.	Reduce -4.1%	0.23%	−0.02
BRK.B Berkshire Hathaway Inc. Class B	Reduce -1.3%	6.02%	−0.02
HD Home Depot Inc.	Reduce -0.5%	0.62%	−0.01
SCHD Schwab US DVD Equity ETF	Reduce -0.9%	0.33%	−0.01
PH Parker Hannifin Corp.	Reduce -5.4%	0.20%	−0.00
AYI Acuity Inc.	Reduce -6.8%	0.10%	+0.00
CVX Chevron Corp.	Reduce -0.2%	0.66%	+0.00
ACN Accenture PLC Class A	Reduce -1.3%	1.24%	+0.01
PM Philip Morris International	Reduce -0.9%	1.24%	+0.01
GL Globe Life Inc.	Reduce -0.4%	0.14%	+0.01
IBM Intl Business Machines Corp.	Reduce -1.2%	2.18%	+0.02
MA Mastercard Inc. Class A	Reduce -1.9%	0.25%	+0.02
C Citigroup Inc.	Reduce -2.7%	0.18%	+0.02
USB US Bancorp	Reduce -1.1%	0.46%	+0.03
MO Altria Group Inc.	Reduce -0.1%	0.80%	+0.04
DIS The Walt Disney Co.	Reduce -0.5%	0.44%	+0.07
CSCO Cisco Systems Inc.	Reduce -1.3%	0.65%	+0.07
NVDA Nvidia Corp.	Reduce -5.2%	3.61%	+0.25
AMZN Amazon.com Inc.	Reduce -1.8%	1.70%	+0.27
JPM JPMorgan Chase & Co.	Reduce -0.6%	2.39%	+0.33
V Visa Inc. Class A	Reduce -2.0%	2.46%	+0.33
WMT Walmart Inc.	Reduce -1.6%	4.12%	+0.47

Portfolio Buys Q3 2024 → Q4 2024


SGOV iShares 0-3 Month Treasury B	Add +42.2%	1.34%	+0.42
VGSH Vanguard Short-Term Treasury	Add +197.1%	1.18%	+0.33
BP BP PLC-Spons ADR	Add +17.5%	1.11%	+0.13
JPST JPMorgan Ultra-Short Income	Add +1.4%	1.42%	+0.04
T AT&T Inc.	Add +2.7%	0.51%	+0.04
BAC Bank of America Corp.	Add +2.0%	0.19%	+0.03
AVXL Anavex Life Sciences Corp.	Add +0.3%	0.05%	+0.02
KMB Kimberly-Clark Corp.	Add +22.9%	0.09%	+0.01
SPY SS SPDR S&P 500 ETF Trust-US	Add +3.2%	0.14%	+0.01
DUK Duke Energy Corp.	Add +6.2%	0.41%	+0.01
DIA SS SPDR Dow Jones Indus Avg	Add +3.6%	0.09%	+0.01
RTX CORPORATION	Add +1.5%	0.22%	−0.00
PG The Procter & Gamble Co.	Add +0.0%	0.24%	−0.00
NZF Nuveen Municipal Credit Inc.	Add +0.5%	0.08%	−0.00
XOM Exxon Mobil Corp.	Add +0.2%	0.73%	−0.04
TGT Target Corp.	Add +0.7%	0.65%	−0.08
PEP Pepsico Inc.	Add +0.2%	1.43%	−0.13
VZ Verizon Communications Inc.	Add +0.8%	1.50%	−0.13
ABBV Abbvie Inc.	Add +1.1%	2.16%	−0.15

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	97	$329.7M	AAPL, MSFT, GOOGL, BRK.B, WMT
Q1 2026	92	$307.0M	AAPL, MSFT, BRK.B, GOOGL, WMT
Q4 2025	93	$316.8M	AAPL, MICROSOFT CORP, BERKSHIRE HATHAWAY INC DEL, ALPHABET INC, WALMART INC
Q3 2025	94	$316.8M	AAPL, MSFT, BRK.B, GOOGL, NVDA
Q2 2025	94	$294.0M	MSFT, AAPL, BRK.B, WMT, NVDA
Q1 2025	92	$271.5M	AAPL, MSFT, BRK.B, WMT, WM
Q4 2024	91	$275.1M	AAPL, MSFT, BRK.B, WMT, GOOGL
Q3 2024	94	$282.2M	AAPL, MSFT, BRK.B, WMT, WM
Q2 2024	92	$268.2M	AAPL, MSFT, BRK.B, GOOGL, WM
Q1 2024	93	$260.9M	MSFT, AAPL, BRK.B, WM, GOOGL