ICW Investment Advisors LLC

Name: ICW Investment Advisors LLC 13F holdings, Q4 2024
Creator: ICW Investment Advisors LLC
Published: 2025-02-11

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

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), ICW Investment Advisors LLC reported 139 stock positions worth $239.6 million. Its top holding was Microsoft (MSFT) at 2.7% of the portfolio, followed by Apple (AAPL, 2.6%) and Mastercard Class A (MA, 2.2%). Compared with Q3 2024, it opened 5 new positions, sold out of 5, added to 95 and reduced 39. The biggest buy was Eli Lilly (LLY, shares +1158%) and the biggest sale an exit from Comcast Class A (CMCSA).

Most Recent 13F: Q2 2026
Location: Scottsdale, AZ
CIK: 0001794820
Portfolio Value: $239.6M (Q4 2024)
SEC Filing: 0001172661-25-000660 ↗ filed Feb 11, 2025

Holdings Value

Holdings 139 stocks · $239.6M


MSFT Microsoft Corp.	2.72%	15,479	$6.5M	Add +0.4%
AAPL Apple Inc.	2.62%	25,023	$6.3M	Reduce -0.3%
MA Mastercard Inc. Class A	2.25%	10,214	$5.4M	Add +0.1%
COST Costco Wholesale Corp.	2.14%	5,601	$5.1M	Reduce -3.9%
V Visa Inc. Class A	2.14%	16,235	$5.1M	Add +0.5%
LLY Eli Lilly & Co.	2.13%	6,615	$5.1M	Add +1157.6%
VOO Vanguard S&P 500 ETF	2.11%	9,393	$5.1M	Add +0.6%
ORLY O'reilly Automotive Inc.	1.88%	3,798	$4.5M	Reduce -2.5%
ABBV Abbvie Inc.	1.80%	24,316	$4.3M	Reduce -0.6%
AVGO Broadcom Inc.	1.68%	17,393	$4.0M	Add +2.5%
HD Home Depot Inc.	1.60%	9,824	$3.8M	Reduce -3.5%
ADP Automatic Data Processing	1.57%	12,843	$3.8M	Reduce -1.4%
WMT Walmart Inc.	1.52%	40,414	$3.7M	Reduce -8.7%
CASY Casey's General Stores Inc.	1.51%	9,101	$3.6M	Reduce -1.4%
NVO Novo-Nordisk A/S-Spons ADR	1.48%	41,142	$3.5M	Add +1.2%
SHW The Sherwin-Williams Co.	1.38%	9,730	$3.3M	Reduce -1.7%
PEP Pepsico Inc.	1.34%	21,072	$3.2M	Add +0.8%
ABT Abbott Laboratories	1.34%	28,283	$3.2M	Reduce -0.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW	1.31%	25,970	$3.1M	Reduce -1.9%
COR Cencora Inc.	1.24%	13,252	$3.0M	Reduce -1.2%
AMZN Amazon.com Inc.	1.24%	13,500	$3.0M	Add +8.5%
MCD McDonald's Corp.	1.21%	10,027	$2.9M	Add +0.8%
LIN Linde PLC	1.20%	6,872	$2.9M	Add +0.3%
ROST Ross Stores Inc.	1.16%	18,391	$2.8M	Add +0.8%
NOC Northrop Grumman Corp.	1.16%	5,927	$2.8M	Reduce -1.4%
GOOGL Alphabet Inc. Class A	1.14%	14,461	$2.7M	Add +8.1%
LMT Lockheed Martin Corp.	1.13%	5,583	$2.7M	Add +0.2%
PG The Procter & Gamble Co.	1.10%	15,670	$2.6M	Reduce -0.0%
RMD Resmed Inc.	1.08%	11,353	$2.6M	Add +0.7%
FAST Fastenal Co.	1.07%	35,811	$2.6M	Reduce -2.3%
XOM Exxon Mobil Corp.	1.06%	23,534	$2.5M	Reduce -0.8%
NVDA Nvidia Corp.	1.06%	18,844	$2.5M	Add +16.2%
CHD Church & Dwight Co. Inc.	1.00%	22,899	$2.4M	Reduce -0.4%
JNJ Johnson & Johnson	1.00%	16,568	$2.4M	Add +7.8%
YUM Yum! Brands Inc.	0.97%	17,265	$2.3M	Add +4.2%
ITW Illinois Tool Works	0.95%	9,002	$2.3M	Reduce -0.4%
AMGN Amgen Inc.	0.93%	8,593	$2.2M	Add +1.3%
GD General Dynamics Corp.	0.93%	8,491	$2.2M	Add +0.5%
FDS Factset Research Systems Inc.	0.93%	4,634	$2.2M	Add +2.1%
SBUX Starbucks Corp.	0.92%	24,121	$2.2M	Reduce -0.6%
CVX Chevron Corp.	0.91%	14,997	$2.2M	Add +16.8%
FISV Fiserv Inc.	0.91%	10,571	$2.2M	Add +4.7%
SPY SS SPDR S&P 500 ETF Trust-US	0.90%	3,694	$2.2M	Add +0.2%
KO The Coca-Cola Co.	0.88%	34,040	$2.1M	Add +1.0%
BDX Becton Dickinson and Co.	0.84%	8,901	$2.0M	Add +3.3%
DOV Dover Corp.	0.81%	10,282	$1.9M	Reduce -1.6%
ACN Accenture PLC Class A	0.79%	5,369	$1.9M	Add +14.2%
BCPC Balchem Corp.	0.78%	11,493	$1.9M	Reduce -0.8%
HSY The Hershey Co.	0.77%	10,844	$1.8M	Add +0.5%
CL Colgate-Palmolive Co.	0.76%	19,968	$1.8M	Add +0.3%
LHX L3HARRIS Technologies Inc.	0.73%	8,316	$1.7M	Add +1.4%
SYK Stryker Corp.	0.73%	4,846	$1.7M	Add +0.6%
MKC McCormick & Co.-Non VTG SHRS	0.72%	22,693	$1.7M	Reduce -0.6%
O Realty Income Corp.	0.72%	32,312	$1.7M	Add +1.6%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.70%	1,584	$1.7M	Reduce -3.5%
DGX Quest Diagnostics Inc.	0.70%	11,062	$1.7M	Reduce -1.5%
CLX Clorox Company	0.69%	10,155	$1.6M	Add +1.4%
CNI Canadian Natl Railway Co.	0.69%	16,175	$1.6M	Add +3.1%
UL Unilever PLC	0.68%	28,741	$1.6M	Add +0.3%
TGT Target Corp.	0.67%	11,945	$1.6M	Add +0.2%
DCI Donaldson Co. Inc.	0.67%	23,944	$1.6M	Add +4.8%
RTX RTX Corp.	0.67%	13,768	$1.6M	Add +0.1%
EXPD Expeditors Intl Wash Inc.	0.66%	14,256	$1.6M	Reduce -1.5%
GIS General Mills Inc.	0.65%	24,531	$1.6M	Add +1.4%
RSG Republic Services Inc.	0.64%	7,644	$1.5M	Add +3.4%
SO The Southern Co.	0.63%	18,380	$1.5M	Add +1.8%
NEE Nextera Energy Inc.	0.63%	20,985	$1.5M	Add +3.2%
APD Air Products & Chemicals Inc.	0.61%	5,028	$1.5M	Add +2.7%
UNH Unitedhealth Group Inc.	0.61%	2,868	$1.5M	Add +18.9%
ROL Rollins Inc.	0.60%	30,859	$1.4M	Add +3.8%
HRL Hormel Foods Corp.	0.58%	44,473	$1.4M	Add +1.0%
CSCO Cisco Systems Inc.	0.58%	23,315	$1.4M	Add +0.1%
NKE Nike Inc. Class B	0.57%	18,126	$1.4M	Reduce -2.7%
ECL Ecolab Inc.	0.57%	5,794	$1.4M	Add +2.6%
WEC WEC Energy Group Inc.	0.53%	13,477	$1.3M	Add +1.9%
MDT Medtronic PLC	0.53%	15,783	$1.3M	Add +0.5%
ATR Aptargroup Inc.	0.53%	8,018	$1.3M	Reduce -0.7%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC	0.52%	7,162	$1.3M	Add +2.0%
AME Ametek Inc.	0.52%	6,889	$1.2M	Add +6.2%
FLO Flowers Foods Inc.	0.51%	58,894	$1.2M	Reduce -0.4%
PSA Public Storage	0.48%	3,862	$1.2M	Add +3.1%
UNP Union Pacific Corp.	0.48%	5,058	$1.2M	Add +7.9%
KDP Keurig Dr Pepper Inc.	0.48%	35,689	$1.1M	Add +4.5%
DHR Danaher Corp.	0.48%	4,982	$1.1M	Add +4.8%
APH Amphenol Corp. Class A	0.46%	16,013	$1.1M	Reduce -1.4%
MO Altria Group Inc.	0.46%	21,205	$1.1M	Add +4.9%
KMB Kimberly-Clark Corp.	0.45%	8,194	$1.1M	Add +11.2%
CARR Carrier Global Corp.	0.44%	15,391	$1.1M	Add +0.1%
GPC Genuine Parts Co.	0.43%	8,839	$1.0M	Add +1.7%
GOOG Alphabet Inc. Class C	0.42%	5,279	$1.0M	Reduce -0.1%
BF.B Brown-Forman Corp. Class B	0.41%	25,721	$977K	Reduce -4.2%
QQQ Invesco QQQ Trust Series 1	0.39%	1,807	$924K	Reduce -1.8%
FTV Fortive Corp.	0.38%	12,039	$903K	Reduce -0.6%
PM Philip Morris International	0.37%	7,433	$895K	Reduce -3.9%
QCOM Qualcomm Inc.	0.36%	5,672	$871K	Add +26.6%
CPK Chesapeake Utilities Corp.	0.35%	6,962	$845K	Add +0.7%
NJR New Jersey Resources Corp.	0.34%	17,721	$827K	Add +2.4%
MGEE Mge Energy Inc.	0.34%	8,687	$816K	Add +0.3%
INTU Intuit Inc.	0.34%	1,295	$814K	Add +33.8%
ZTS Zoetis Inc.	0.34%	4,989	$813K	Add +22.6%
JJSF J & J Snack Foods Corp.	0.32%	4,979	$772K	Add +5.5%
ROP Roper Technologies Inc.	0.31%	1,445	$751K	Add +13.1%
META Meta Platforms Inc. Class A	0.31%	1,248	$731K	Add +8.7%
TXN Texas Instruments Inc.	0.30%	3,870	$726K	Add +1.4%
NSC Norfolk Southern Corp.	0.29%	2,933	$688K	Add +6.3%
MZTI The Marzetti Company filed as LANCASTER COLONY CORP	0.27%	3,800	$658K	Add +1.1%
RSP Invesco S&P 500 Equal Weight	0.27%	3,723	$652K	Add +0.3%
HEI.A Heico Corp. Class A	0.27%	3,483	$648K	Add +0.9%
IWR iShares Russell Mid-Cap ETF	0.27%	7,316	$647K	Add +0.0%
CTAS Cintas Corp.	0.27%	3,492	$638K	Add +0.3%
CBSH Commerce Bancshares Inc.	0.26%	10,089	$629K	Add +2.9%
JPM JPMorgan Chase & Co.	0.26%	2,576	$618K	Add +0.1%
OTIS Otis Worldwide Corp.	0.25%	6,522	$604K	Add +3.0%
SPGI S&P Global Inc.	0.25%	1,209	$602K	Add +6.6%
TMO Thermo Fisher Scientific Inc.	0.24%	1,087	$566K	Add +13.5%
DPZ Domino's Pizza Inc.	0.22%	1,261	$529K	Add +16.3%
ORCL Oracle Corp.	0.21%	3,021	$503K	Add +0.2%
BLK BlackRock Inc.	0.21%	488	$500K	Add +7.7%
ADI Analog Devices Inc.	0.18%	2,055	$437K	Add +11.0%
CAT Caterpillar Inc.	0.17%	1,148	$417K	New
CPRT Copart Inc.	0.17%	7,039	$404K	Add +0.7%
WSO Watsco Inc.	0.17%	838	$397K	Add +2.3%
D Dominion Energy Inc.	0.17%	7,348	$396K	Reduce -18.2%
AWK American Water Works Co. Inc.	0.17%	3,178	$396K	Add +2.0%
PAYX Paychex Inc.	0.16%	2,690	$377K	Reduce -5.1%
ELV Elevance Health Inc.	0.16%	1,015	$375K	New
ODFL Old Dominion Freight Line	0.15%	2,089	$368K	Add +4.1%
TSCO Tractor Supply Company	0.14%	6,220	$330K	Add +11.9%
HON Honeywell International Inc.	0.13%	1,397	$316K	Add +0.1%
SJM The JM Smucker Co. filed as SMUCKER J M CO	0.13%	2,764	$304K	Reduce -3.8%
SYY Sysco Corp.	0.13%	3,920	$300K	Add +0.2%
STZ Constellation Brands Inc. Class A	0.12%	1,280	$283K	Reduce -2.1%
MTD Mettler-Toledo International	0.11%	224	$274K	Add +28.7%
CME Cme Group Inc.	0.11%	1,146	$266K	New
AZN Astrazeneca PLC-Spons ADR	0.11%	4,000	$262K	New
IJR iShares Core S&P Small-Cap E	0.10%	2,121	$244K	Add +0.1%
DG Dollar General Corp.	0.10%	3,165	$240K	Reduce -13.8%
VRTX Vertex Pharmaceuticals Inc.	0.09%	557	$224K	Add +0.5%
GGG Graco Inc.	0.09%	2,476	$209K	New

Portfolio Sells Q3 2024 → Q4 2024


CMCSA Comcast Corp. Class A	Sold out	0.00%	−0.27
ABBV Abbvie Inc.	Reduce -0.6%	1.80%	−0.21
SHW The Sherwin-Williams Co.	Reduce -1.7%	1.38%	−0.19
NOC Northrop Grumman Corp.	Reduce -1.4%	1.16%	−0.16
BF.B Brown-Forman Corp. Class B	Reduce -4.2%	0.41%	−0.14
EXPD Expeditors Intl Wash Inc.	Reduce -1.5%	0.66%	−0.13
HD Home Depot Inc.	Reduce -3.5%	1.60%	−0.12
CVS CVS Health Corp.	Sold out	0.00%	−0.12
NKE Nike Inc. Class B	Reduce -2.7%	0.57%	−0.11
CTSH Cognizant Tech Solutions-A	Sold out	0.00%	−0.11
XOM Exxon Mobil Corp.	Reduce -0.8%	1.06%	−0.10
K Kellanova	Sold out	0.00%	−0.09
SDY SS SPDR S&P Dividend ETF	Sold out	0.00%	−0.08
BCPC Balchem Corp.	Reduce -0.8%	0.78%	−0.07
SBUX Starbucks Corp.	Reduce -0.6%	0.92%	−0.07
FLO Flowers Foods Inc.	Reduce -0.4%	0.51%	−0.06
MKC McCormick & Co.-Non VTG SHRS	Reduce -0.6%	0.72%	−0.06
D Dominion Energy Inc.	Reduce -18.2%	0.17%	−0.05
ITW Illinois Tool Works	Reduce -0.4%	0.95%	−0.03
PG The Procter & Gamble Co.	Reduce -0.0%	1.10%	−0.03
DGX Quest Diagnostics Inc.	Reduce -1.5%	0.70%	−0.03
DG Dollar General Corp.	Reduce -13.8%	0.10%	−0.03
DOV Dover Corp.	Reduce -1.6%	0.81%	−0.03
STZ Constellation Brands Inc. Class A	Reduce -2.1%	0.12%	−0.02
FTV Fortive Corp.	Reduce -0.6%	0.38%	−0.02
SJM The JM Smucker Co.	Reduce -3.8%	0.13%	−0.02
PM Philip Morris International	Reduce -3.9%	0.37%	−0.02
ABT Abbott Laboratories	Reduce -0.8%	1.34%	−0.02
FAST Fastenal Co.	Reduce -2.3%	1.07%	−0.01
COR Cencora Inc.	Reduce -1.2%	1.24%	−0.01
GWW WW Grainger Inc.	Reduce -3.5%	0.70%	−0.01
ATR Aptargroup Inc.	Reduce -0.7%	0.53%	−0.01
COST Costco Wholesale Corp.	Reduce -3.9%	2.14%	−0.01
CHD Church & Dwight Co. Inc.	Reduce -0.4%	1.00%	−0.00
PAYX Paychex Inc.	Reduce -5.1%	0.16%	−0.00
QQQ Invesco QQQ Trust Series 1	Reduce -1.8%	0.39%	+0.01
ORLY O'reilly Automotive Inc.	Reduce -2.5%	1.88%	+0.01
TJX TJX Companies Inc.	Reduce -1.9%	1.31%	+0.01
APH Amphenol Corp. Class A	Reduce -1.4%	0.46%	+0.02
WMT Walmart Inc.	Reduce -8.7%	1.52%	+0.04
GOOG Alphabet Inc. Class C	Reduce -0.1%	0.42%	+0.05
CASY Casey's General Stores Inc.	Reduce -1.4%	1.51%	+0.06
ADP Automatic Data Processing	Reduce -1.4%	1.57%	+0.07
AAPL Apple Inc.	Reduce -0.3%	2.62%	+0.18

Portfolio Buys Q3 2024 → Q4 2024


LLY Eli Lilly & Co.	Add +1157.6%	2.13%	+1.94
AVGO Broadcom Inc.	Add +2.5%	1.68%	+0.46
V Visa Inc. Class A	Add +0.5%	2.14%	+0.29
AMZN Amazon.com Inc.	Add +8.5%	1.24%	+0.27
NVDA Nvidia Corp.	Add +16.2%	1.06%	+0.24
GOOGL Alphabet Inc. Class A	Add +8.1%	1.14%	+0.22
CAT Caterpillar Inc.	New	0.17%	+0.17
ELV Elevance Health Inc.	New	0.16%	+0.16
FISV Fiserv Inc.	Add +4.7%	0.91%	+0.15
MA Mastercard Inc. Class A	Add +0.1%	2.25%	+0.15
CVX Chevron Corp.	Add +16.8%	0.91%	+0.12
CME Cme Group Inc.	New	0.11%	+0.11
AZN Astrazeneca PLC-Spons ADR	New	0.11%	+0.11
ACN Accenture PLC Class A	Add +14.2%	0.79%	+0.10
INTU Intuit Inc.	Add +33.8%	0.34%	+0.09
GGG Graco Inc.	New	0.09%	+0.09
VOO Vanguard S&P 500 ETF	Add +0.6%	2.11%	+0.06
FDS Factset Research Systems Inc.	Add +2.1%	0.93%	+0.06
CSCO Cisco Systems Inc.	Add +0.1%	0.58%	+0.06
AME Ametek Inc.	Add +6.2%	0.52%	+0.05
QCOM Qualcomm Inc.	Add +26.6%	0.36%	+0.05
MO Altria Group Inc.	Add +4.9%	0.46%	+0.03
JPM JPMorgan Chase & Co.	Add +0.1%	0.26%	+0.03
META Meta Platforms Inc. Class A	Add +8.7%	0.31%	+0.03
BLK BlackRock Inc.	Add +7.7%	0.21%	+0.03
DPZ Domino's Pizza Inc.	Add +16.3%	0.22%	+0.03
RSG Republic Services Inc.	Add +3.4%	0.64%	+0.02
SPY SS SPDR S&P 500 ETF Trust-US	Add +0.2%	0.90%	+0.02
CBSH Commerce Bancshares Inc.	Add +2.9%	0.26%	+0.02
ROST Ross Stores Inc.	Add +0.8%	1.16%	+0.02
UNH Unitedhealth Group Inc.	Add +18.9%	0.61%	+0.02
ROP Roper Technologies Inc.	Add +13.1%	0.31%	+0.02
CPRT Copart Inc.	Add +0.7%	0.17%	+0.02
KMB Kimberly-Clark Corp.	Add +11.2%	0.45%	+0.01
HON Honeywell International Inc.	Add +0.1%	0.13%	+0.01
MGEE Mge Energy Inc.	Add +0.3%	0.34%	+0.01
CLX Clorox Company	Add +1.4%	0.69%	+0.01
ZTS Zoetis Inc.	Add +22.6%	0.34%	+0.01
JKHY Jack Henry & Associates Inc.	Add +2.0%	0.52%	+0.01
SPGI S&P Global Inc.	Add +6.6%	0.25%	+0.01
MTD Mettler-Toledo International	Add +28.7%	0.11%	+0.01
NJR New Jersey Resources Corp.	Add +2.4%	0.34%	+0.01
ADI Analog Devices Inc.	Add +11.0%	0.18%	+0.00
SYK Stryker Corp.	Add +0.6%	0.73%	+0.00
YUM Yum! Brands Inc.	Add +4.2%	0.97%	+0.00
TSCO Tractor Supply Company	Add +11.9%	0.14%	+0.00
APD Air Products & Chemicals Inc.	Add +2.7%	0.61%	+0.00
NSC Norfolk Southern Corp.	Add +6.3%	0.29%	+0.00
HRL Hormel Foods Corp.	Add +1.0%	0.58%	+0.00
IWR iShares Russell Mid-Cap ETF	Add +0.0%	0.27%	+0.00

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	144	$285.7M	AAPL, AVGO, CASY, NVDA, MSFT
Q1 2026	147	$276.6M	AAPL, MSFT, CASY, AVGO, NVDA
Q4 2025	145	$275.0M	MSFT, AAPL, AVGO, LLY, MA
Q3 2025	143	$274.5M	MSFT, AAPL, AVGO, MA, ABBV
Q2 2025	140	$253.2M	MSFT, MA, V, COST, AAPL
Q1 2025	140	$245.5M	MSFT, V, AAPL, MA, LLY
Q4 2024	139	$239.6M	MSFT, AAPL, MA, COST, V
Q3 2024	139	$240.3M	MSFT, AAPL, COST, MA, VOO
Q2 2024	137	$220.3M	MSFT, NVO, AAPL, COST, VOO
Q1 2024	137	$224.9M	MSFT, NVO, MA, ABBV, V