ICW Investment Advisors LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), ICW Investment Advisors LLC reported 140 stock positions worth $245.5 million. Its top holding was Microsoft (MSFT) at 2.4% of the portfolio, followed by Visa Class A (V, 2.3%) and Apple (AAPL, 2.3%). Compared with Q4 2024, it opened 1 new position, added to 104 and reduced 32. The biggest buy was Abbott Laboratories (ABT, shares +0%) and the biggest sale Broadcom (AVGO, shares −2%).

Most Recent 13F
Q2 2026
Location
Scottsdale, AZ
CIK
0001794820
Portfolio Value
$245.5M (Q1 2025)
SEC Filing
0001172661-25-002182 ↗ filed May 15, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $224.9M Q1 2024 Q2 2024: $220.3M Q2 2024 Q3 2024: $240.3M Q3 2024 Q4 2024: $239.6M Q4 2024 Q1 2025: $245.5M $245.5M Q1 2025 Q2 2025: $253.2M Q2 2025 Q3 2025: $274.5M Q3 2025 Q4 2025: $275.0M Q4 2025 Q1 2026: $276.6M Q1 2026 Q2 2026: $285.7M Q2 2026

Holdings 140 stocks · $245.5M
MSFT Microsoft Corp. 2.37% 15,466 $5.8M Reduce -0.1%
V Visa Inc. Class A 2.29% 16,067 $5.6M Reduce -1.0%
AAPL Apple Inc. 2.28% 25,220 $5.6M Add +0.8%
MA Mastercard Inc. Class A 2.26% 10,140 $5.6M Reduce -0.7%
LLY Eli Lilly & Co. 2.23% 6,630 $5.5M Add +0.2%
COST Costco Wholesale Corp. 2.14% 5,564 $5.3M Reduce -0.7%
ORLY O'reilly Automotive Inc. 2.08% 3,570 $5.1M Reduce -6.0%
ABBV Abbvie Inc. 2.07% 24,306 $5.1M Reduce -0.0%
VOO Vanguard S&P 500 ETF 2.00% 9,574 $4.9M Add +1.9%
CASY Casey's General Stores Inc. 1.60% 9,053 $3.9M Reduce -0.5%
ADP Automatic Data Processing 1.59% 12,805 $3.9M Reduce -0.3%
ABT Abbott Laboratories 1.53% 28,305 $3.8M Add +0.1%
COR Cencora Inc. 1.50% 13,216 $3.7M Reduce -0.3%
HD Home Depot Inc. 1.46% 9,757 $3.6M Reduce -0.7%
WMT Walmart Inc. 1.42% 39,826 $3.5M Reduce -1.4%
SHW The Sherwin-Williams Co. 1.39% 9,784 $3.4M Add +0.6%
AMZN Amazon.com Inc. 1.35% 17,369 $3.3M Add +28.7%
LIN Linde PLC 1.31% 6,907 $3.2M Add +0.5%
PEP Pepsico Inc. 1.31% 21,402 $3.2M Add +1.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.28% 25,886 $3.2M Reduce -0.3%
MCD McDonald's Corp. 1.28% 10,087 $3.2M Add +0.6%
NOC Northrop Grumman Corp. 1.24% 5,957 $3.1M Add +0.5%
NVO Novo-Nordisk A/S-Spons ADR 1.17% 41,287 $2.9M Add +0.3%
AVGO Broadcom Inc. 1.16% 17,068 $2.9M Reduce -1.9%
XOM Exxon Mobil Corp. 1.15% 23,707 $2.8M Add +0.7%
FAST Fastenal Co. 1.13% 35,794 $2.8M Reduce -0.1%
JNJ Johnson & Johnson 1.13% 16,715 $2.8M Add +0.9%
YUM Yum! Brands Inc. 1.11% 17,367 $2.7M Add +0.6%
AMGN Amgen Inc. 1.10% 8,668 $2.7M Add +0.9%
PG The Procter & Gamble Co. 1.09% 15,643 $2.7M Reduce -0.2%
RMD Resmed Inc. 1.04% 11,394 $2.6M Add +0.4%
CVX Chevron Corp. 1.03% 15,126 $2.5M Add +0.9%
CHD Church & Dwight Co. Inc. 1.03% 22,859 $2.5M Reduce -0.2%
LMT Lockheed Martin Corp. 1.02% 5,615 $2.5M Add +0.6%
KO The Coca-Cola Co. 0.99% 34,037 $2.4M Reduce -0.0%
ROST Ross Stores Inc. 0.96% 18,458 $2.4M Add +0.4%
SBUX Starbucks Corp. 0.96% 24,019 $2.4M Reduce -0.4%
FISV Fiserv Inc. 0.96% 10,648 $2.4M Add +0.7%
GD General Dynamics Corp. 0.95% 8,551 $2.3M Add +0.7%
GOOGL Alphabet Inc. Class A 0.95% 15,035 $2.3M Add +4.0%
NVDA Nvidia Corp. 0.91% 20,674 $2.2M Add +9.7%
ITW Illinois Tool Works 0.91% 9,004 $2.2M Add +0.0%
FDS Factset Research Systems Inc. 0.86% 4,666 $2.1M Add +0.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.84% 3,704 $2.1M Add +0.3%
BDX Becton Dickinson and Co. 0.84% 8,955 $2.1M Add +0.6%
BCPC Balchem Corp. 0.78% 11,547 $1.9M Add +0.5%
O Realty Income Corp. 0.77% 32,755 $1.9M Add +1.4%
CL Colgate-Palmolive Co. 0.77% 20,134 $1.9M Add +0.8%
DGX Quest Diagnostics Inc. 0.77% 11,105 $1.9M Add +0.4%
MKC McCormick & Co.-Non VTG SHRS 0.76% 22,711 $1.9M Add +0.1%
HSY The Hershey Co. 0.76% 10,903 $1.9M Add +0.5%
RSG Republic Services Inc. 0.76% 7,672 $1.9M Add +0.4%
RTX RTX Corp. 0.75% 13,845 $1.8M Add +0.6%
SYK Stryker Corp. 0.73% 4,837 $1.8M Reduce -0.2%
DOV Dover Corp. 0.73% 10,209 $1.8M Reduce -0.7%
LHX L3HARRIS Technologies Inc. 0.71% 8,380 $1.8M Add +0.8%
EXPD Expeditors Intl Wash Inc. 0.70% 14,225 $1.7M Reduce -0.2%
UL Unilever PLC 0.69% 28,645 $1.7M Reduce -0.3%
SO The Southern Co. 0.69% 18,428 $1.7M Add +0.3%
ACN Accenture PLC Class A 0.69% 5,420 $1.7M Add +0.9%
ROL Rollins Inc. 0.69% 31,167 $1.7M Add +1.0%
DCI Donaldson Co. Inc. 0.66% 24,094 $1.6M Add +0.6%
UNH Unitedhealth Group Inc. 0.65% 3,051 $1.6M Add +6.4%
CNI Canadian Natl Railway Co. 0.65% 16,254 $1.6M Add +0.5%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.64% 1,588 $1.6M Add +0.3%
CLX Clorox Company 0.62% 10,265 $1.5M Add +1.1%
NEE Nextera Energy Inc. 0.62% 21,322 $1.5M Add +1.6%
APD Air Products & Chemicals Inc. 0.61% 5,102 $1.5M Add +1.5%
ECL Ecolab Inc. 0.61% 5,912 $1.5M Add +2.0%
GIS General Mills Inc. 0.60% 24,733 $1.5M Add +0.8%
WEC WEC Energy Group Inc. 0.60% 13,493 $1.5M Add +0.1%
CSCO Cisco Systems Inc. 0.59% 23,308 $1.4M Reduce -0.0%
HRL Hormel Foods Corp. 0.57% 45,399 $1.4M Add +2.1%
MDT Medtronic PLC 0.57% 15,501 $1.4M Reduce -1.8%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.54% 7,201 $1.3M Add +0.5%
MO Altria Group Inc. 0.52% 21,157 $1.3M Reduce -0.2%
TGT Target Corp. 0.51% 11,985 $1.3M Add +0.3%
UNP Union Pacific Corp. 0.51% 5,254 $1.2M Add +3.9%
KDP Keurig Dr Pepper Inc. 0.50% 36,167 $1.2M Add +1.3%
ATR Aptargroup Inc. 0.50% 8,336 $1.2M Add +4.0%
AME Ametek Inc. 0.49% 7,048 $1.2M Add +2.3%
KMB Kimberly-Clark Corp. 0.48% 8,327 $1.2M Add +1.6%
PM Philip Morris International 0.48% 7,394 $1.2M Reduce -0.5%
PSA Public Storage 0.48% 3,901 $1.2M Add +1.0%
FLO Flowers Foods Inc. 0.46% 59,492 $1.1M Add +1.0%
NKE Nike Inc. Class B 0.46% 17,710 $1.1M Reduce -2.3%
APH Amphenol Corp. Class A 0.44% 16,445 $1.1M Add +2.7%
GPC Genuine Parts Co. 0.43% 8,938 $1.1M Add +1.1%
DHR Danaher Corp. 0.43% 5,126 $1.1M Add +2.9%
CARR Carrier Global Corp. 0.40% 15,510 $983K Add +0.8%
CPK Chesapeake Utilities Corp. 0.37% 7,090 $911K Add +1.8%
BF.B Brown-Forman Corp. Class B 0.37% 26,478 $899K Add +2.9%
NJR New Jersey Resources Corp. 0.36% 18,169 $891K Add +2.5%
QCOM Qualcomm Inc. 0.36% 5,746 $883K Add +1.3%
FTV Fortive Corp. 0.36% 11,978 $877K Reduce -0.5%
ROP Roper Technologies Inc. 0.35% 1,476 $870K Add +2.1%
INTU Intuit Inc. 0.35% 1,414 $868K Add +9.2%
ZTS Zoetis Inc. 0.35% 5,261 $866K Add +5.5%
QQQ Invesco QQQ Trust Series 1 0.35% 1,807 $847K No change
GOOG Alphabet Inc. Class C 0.34% 5,278 $825K Reduce -0.0%
MGEE Mge Energy Inc. 0.33% 8,759 $814K Add +0.8%
META Meta Platforms Inc. Class A 0.31% 1,331 $767K Add +6.7%
CTAS Cintas Corp. 0.30% 3,603 $740K Add +3.2%
HEI.A Heico Corp. Class A 0.30% 3,496 $738K Add +0.4%
NSC Norfolk Southern Corp. 0.29% 2,993 $709K Add +2.0%
TXN Texas Instruments Inc. 0.28% 3,893 $700K Add +0.6%
RSP Invesco S&P 500 Equal Weight 0.28% 3,958 $686K Add +6.3%
OTIS Otis Worldwide Corp. 0.28% 6,600 $681K Add +1.2%
MZTI The Marzetti Company filed as LANCASTER COLONY CORP 0.27% 3,813 $667K Add +0.3%
JJSF J & J Snack Foods Corp. 0.27% 4,945 $651K Reduce -0.7%
JPM JPMorgan Chase & Co. 0.26% 2,578 $632K Add +0.1%
IWR iShares Russell Mid-Cap ETF 0.25% 7,316 $622K No change
SPGI S&P Global Inc. 0.25% 1,223 $622K Add +1.2%
CBSH Commerce Bancshares Inc. 0.25% 9,919 $617K Reduce -1.7%
DPZ Domino's Pizza Inc. 0.24% 1,293 $594K Add +2.5%
TMO Thermo Fisher Scientific Inc. 0.22% 1,103 $549K Add +1.5%
BLK BlackRock Inc. 0.21% 558 $528K Add +14.3%
AWK American Water Works Co. Inc. 0.19% 3,221 $475K Add +1.4%
ELV Elevance Health Inc. 0.18% 1,016 $442K Add +0.1%
WSO Watsco Inc. 0.18% 850 $432K Add +1.4%
D Dominion Energy Inc. 0.18% 7,677 $430K Add +4.5%
ORCL Oracle Corp. 0.17% 3,072 $429K Add +1.7%
ADI Analog Devices Inc. 0.17% 2,114 $426K Add +2.9%
PAYX Paychex Inc. 0.17% 2,704 $417K Add +0.5%
CPRT Copart Inc. 0.16% 7,078 $401K Add +0.6%
CAT Caterpillar Inc. 0.16% 1,175 $388K Add +2.4%
TSCO Tractor Supply Company 0.15% 6,521 $359K Add +4.8%
ODFL Old Dominion Freight Line 0.14% 2,102 $348K Add +0.6%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.13% 2,786 $330K Add +0.8%
CME Cme Group Inc. 0.13% 1,227 $325K Add +7.1%
HON Honeywell International Inc. 0.12% 1,398 $296K Add +0.1%
SYY Sysco Corp. 0.12% 3,941 $296K Add +0.5%
AZN Astrazeneca PLC-Spons ADR 0.12% 4,000 $294K No change
VRTX Vertex Pharmaceuticals Inc. 0.11% 575 $279K Add +3.2%
MTD Mettler-Toledo International 0.11% 228 $269K Add +1.8%
DG Dollar General Corp. 0.10% 2,897 $255K Reduce -8.5%
STZ Constellation Brands Inc. Class A 0.10% 1,287 $236K Add +0.6%
IJR iShares Core S&P Small-Cap E 0.09% 2,122 $222K Add +0.1%
GGG Graco Inc. 0.09% 2,588 $216K Add +4.5%
WTRG Essential Utilities Inc. 0.09% 5,430 $215K New

Portfolio Sells Q4 2024 → Q1 2025
AVGO Broadcom Inc. Reduce -1.9% 1.16% −0.52
MSFT Microsoft Corp. Reduce -0.1% 2.37% −0.36
HD Home Depot Inc. Reduce -0.7% 1.46% −0.14
NKE Nike Inc. Class B Reduce -2.3% 0.46% −0.11
WMT Walmart Inc. Reduce -1.4% 1.42% −0.10
GOOG Alphabet Inc. Class C Reduce -0.0% 0.34% −0.08
DOV Dover Corp. Reduce -0.7% 0.73% −0.07
JJSF J & J Snack Foods Corp. Reduce -0.7% 0.27% −0.06
TJX TJX Companies Inc. Reduce -0.3% 1.28% −0.03
FTV Fortive Corp. Reduce -0.5% 0.36% −0.02
CBSH Commerce Bancshares Inc. Reduce -1.7% 0.25% −0.01
PG The Procter & Gamble Co. Reduce -0.2% 1.09% −0.01
COST Costco Wholesale Corp. Reduce -0.7% 2.14% +0.00
DG Dollar General Corp. Reduce -8.5% 0.10% +0.00
SYK Stryker Corp. Reduce -0.2% 0.73% +0.01
CSCO Cisco Systems Inc. Reduce -0.0% 0.59% +0.01
UL Unilever PLC Reduce -0.3% 0.69% +0.01
MA Mastercard Inc. Class A Reduce -0.7% 2.26% +0.02
CHD Church & Dwight Co. Inc. Reduce -0.2% 1.03% +0.02
ADP Automatic Data Processing Reduce -0.3% 1.59% +0.02
EXPD Expeditors Intl Wash Inc. Reduce -0.2% 0.70% +0.04
SBUX Starbucks Corp. Reduce -0.4% 0.96% +0.04
MDT Medtronic PLC Reduce -1.8% 0.57% +0.04
MO Altria Group Inc. Reduce -0.2% 0.52% +0.05
FAST Fastenal Co. Reduce -0.1% 1.13% +0.06
CASY Casey's General Stores Inc. Reduce -0.5% 1.60% +0.10
PM Philip Morris International Reduce -0.5% 0.48% +0.10
KO The Coca-Cola Co. Reduce -0.0% 0.99% +0.11
V Visa Inc. Class A Reduce -1.0% 2.29% +0.15
ORLY O'reilly Automotive Inc. Reduce -6.0% 2.08% +0.20
COR Cencora Inc. Reduce -0.3% 1.50% +0.25
ABBV Abbvie Inc. Reduce -0.0% 2.07% +0.27

Portfolio Buys Q4 2024 → Q1 2025
ABT Abbott Laboratories Add +0.1% 1.53% +0.19
AMGN Amgen Inc. Add +0.9% 1.10% +0.17
YUM Yum! Brands Inc. Add +0.6% 1.11% +0.15
JNJ Johnson & Johnson Add +0.9% 1.13% +0.13
CVX Chevron Corp. Add +0.9% 1.03% +0.12
RSG Republic Services Inc. Add +0.4% 0.76% +0.12
AMZN Amazon.com Inc. Add +28.7% 1.35% +0.11
LIN Linde PLC Add +0.5% 1.31% +0.11
LLY Eli Lilly & Co. Add +0.2% 2.23% +0.10
XOM Exxon Mobil Corp. Add +0.7% 1.15% +0.09
ROL Rollins Inc. Add +1.0% 0.69% +0.09
WTRG Essential Utilities Inc. New 0.09% +0.09
RTX RTX Corp. Add +0.6% 0.75% +0.08
NOC Northrop Grumman Corp. Add +0.5% 1.24% +0.08
MCD McDonald's Corp. Add +0.6% 1.28% +0.07
WEC WEC Energy Group Inc. Add +0.1% 0.60% +0.07
DGX Quest Diagnostics Inc. Add +0.4% 0.77% +0.07
SO The Southern Co. Add +0.3% 0.69% +0.06
O Realty Income Corp. Add +1.4% 0.77% +0.05
FISV Fiserv Inc. Add +0.7% 0.96% +0.05
UNH Unitedhealth Group Inc. Add +6.4% 0.65% +0.05
ECL Ecolab Inc. Add +2.0% 0.61% +0.04
ROP Roper Technologies Inc. Add +2.1% 0.35% +0.04
MKC McCormick & Co.-Non VTG SHRS Add +0.1% 0.76% +0.04
CTAS Cintas Corp. Add +3.2% 0.30% +0.04
KMB Kimberly-Clark Corp. Add +1.6% 0.48% +0.03
HEI.A Heico Corp. Class A Add +0.4% 0.30% +0.03
AWK American Water Works Co. Inc. Add +1.4% 0.19% +0.03
KDP Keurig Dr Pepper Inc. Add +1.3% 0.50% +0.03
OTIS Otis Worldwide Corp. Add +1.2% 0.28% +0.03
UNP Union Pacific Corp. Add +3.9% 0.51% +0.02
ELV Elevance Health Inc. Add +0.1% 0.18% +0.02
CME Cme Group Inc. Add +7.1% 0.13% +0.02
DPZ Domino's Pizza Inc. Add +2.5% 0.24% +0.02
VRTX Vertex Pharmaceuticals Inc. Add +3.2% 0.11% +0.02
CPK Chesapeake Utilities Corp. Add +1.8% 0.37% +0.02
NJR New Jersey Resources Corp. Add +2.5% 0.36% +0.02
GD General Dynamics Corp. Add +0.7% 0.95% +0.02
INTU Intuit Inc. Add +9.2% 0.35% +0.01
ZTS Zoetis Inc. Add +5.5% 0.35% +0.01
PAYX Paychex Inc. Add +0.5% 0.17% +0.01
JKHY Jack Henry & Associates Inc. Add +0.5% 0.54% +0.01
SHW The Sherwin-Williams Co. Add +0.6% 1.39% +0.01
CL Colgate-Palmolive Co. Add +0.8% 0.77% +0.01
WSO Watsco Inc. Add +1.4% 0.18% +0.01
D Dominion Energy Inc. Add +4.5% 0.18% +0.01
TSCO Tractor Supply Company Add +4.8% 0.15% +0.01
META Meta Platforms Inc. Class A Add +6.7% 0.31% +0.01
SJM The JM Smucker Co. Add +0.8% 0.13% +0.01
RSP Invesco S&P 500 Equal Weight Add +6.3% 0.28% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 144$285.7MAAPL, AVGO, CASY, NVDA, MSFT
Q1 2026 147$276.6MAAPL, MSFT, CASY, AVGO, NVDA
Q4 2025 145$275.0MMSFT, AAPL, AVGO, LLY, MA
Q3 2025 143$274.5MMSFT, AAPL, AVGO, MA, ABBV
Q2 2025 140$253.2MMSFT, MA, V, COST, AAPL
Q1 2025 140$245.5MMSFT, V, AAPL, MA, LLY
Q4 2024 139$239.6MMSFT, AAPL, MA, COST, V
Q3 2024 139$240.3MMSFT, AAPL, COST, MA, VOO
Q2 2024 137$220.3MMSFT, NVO, AAPL, COST, VOO
Q1 2024 137$224.9MMSFT, NVO, MA, ABBV, V