Investment Research & Advisory Group, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 17, 2024), Investment Research & Advisory Group, Inc. reported 207 stock positions worth $217.3 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 20.6% of the portfolio, followed by Apple (AAPL, 6.8%) and Microsoft (MSFT, 4.8%). Compared with Q4 2023, it opened 17 new positions, sold out of 31, added to 50 and reduced 28. The biggest buy was Eli Lilly (LLY, shares +95%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001802136
- Portfolio Value
- $217.3M (Q1 2024)
- SEC Filing
- 0001802136-24-000002 ↗ filed Apr 17, 2024
Holdings Value
Holdings 207 stocks · $217.3M
| VOO Vanguard S&P 500 ETF | 20.62% | 93,215 | $44.8M | Reduce -5.9% |
| AAPL Apple Inc. | 6.79% | 86,035 | $14.8M | Add +0.8% |
| MSFT Microsoft Corp. | 4.84% | 24,981 | $10.5M | Reduce -4.6% |
| AMZN Amazon.com Inc. | 3.47% | 41,808 | $7.5M | Add +3.3% |
| NVDA Nvidia Corp. | 3.04% | 7,300 | $6.6M | Reduce -21.7% |
| GOOGL Alphabet Inc. Class A | 2.99% | 43,082 | $6.5M | Reduce -0.3% |
| MA Mastercard Inc. Class A | 2.98% | 13,450 | $6.5M | Add +0.9% |
| V Visa Inc. Class A | 2.50% | 19,459 | $5.4M | Add +1.7% |
| META Meta Platforms Inc. Class A | 2.43% | 10,866 | $5.3M | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 2.35% | 25,437 | $5.1M | Add +1.3% |
| LLY Eli Lilly & Co. | 2.24% | 6,269 | $4.9M | Add +94.6% |
| SCHW Schwab (charles) Corp. | 2.07% | 62,250 | $4.5M | Add +5.5% |
| CRM Salesforce Inc. | 2.06% | 14,843 | $4.5M | Add +1.4% |
| IQV Iqvia Holdings Inc. | 2.03% | 17,445 | $4.4M | Add +0.2% |
| BLK BlackRock Finance Inc. | 2.00% | 5,220 | $4.4M | Add +0.6% |
| UBER Uber Technologies Inc. | 1.97% | 55,681 | $4.3M | Reduce -2.2% |
| ASML ASML Holding NV-NY Reg SHS | 1.86% | 4,173 | $4.0M | Add +21.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.67% | 29,617 | $3.6M | Add +56.0% |
| CB Chubb Ltd. | 1.62% | 13,572 | $3.5M | Add +1.3% |
| COST Costco Wholesale Corp. | 1.51% | 4,472 | $3.3M | Add +0.3% |
| FISV Fiserv Inc. | 1.41% | 19,217 | $3.1M | Add +8.4% |
| UNH Unitedhealth Group Inc. | 1.40% | 6,167 | $3.1M | Add +1.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.38% | 13,148 | $3.0M | Reduce -7.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.38% | 7,134 | $3.0M | Reduce -4.3% |
| VEEV Veeva Systems Inc. Class A | 1.24% | 11,583 | $2.7M | Add +116.6% |
| GD General Dynamics Corp. | 1.20% | 9,199 | $2.6M | Add +4.5% |
| GE General Electric | 1.17% | 14,541 | $2.6M | Add +5.6% |
| SBUX Starbucks Corp. | 1.17% | 27,735 | $2.5M | Add +3.6% |
| CMCSA Comcast Corp. Class A | 1.17% | 58,452 | $2.5M | Add +4.6% |
| JNJ Johnson & Johnson | 1.06% | 14,623 | $2.3M | Reduce -0.2% |
| LMT Lockheed Martin Corp. | 0.99% | 4,742 | $2.2M | New |
| ADM Archer-Daniels-Midland Co. | 0.98% | 34,000 | $2.1M | Reduce -0.6% |
| TMO Thermo Fisher Scientific Inc. | 0.94% | 3,531 | $2.1M | New |
| ADBE Adobe Inc. | 0.91% | 3,898 | $2.0M | Add +3.8% |
| KMX Carmax Inc. | 0.91% | 22,577 | $2.0M | Add +15.5% |
| OTIS Otis Worldwide Corp. | 0.81% | 17,649 | $1.8M | New |
| PM Philip Morris International | 0.79% | 18,749 | $1.7M | Add +1.2% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.76% | 3,145 | $1.6M | Reduce -5.8% |
| PG The Procter & Gamble Co. | 0.70% | 9,341 | $1.5M | Add +4.5% |
| DHR Danaher Corp. | 0.55% | 4,749 | $1.2M | New |
| VXUS Vanguard Total Intl Stock | 0.50% | 17,915 | $1.1M | Add +2.6% |
| CHH Choice Hotels Intl Inc. | 0.47% | 7,998 | $1.0M | No change |
| HD Home Depot Inc. | 0.42% | 2,400 | $921K | No change |
| BND Vanguard Total Bond Market | 0.38% | 11,468 | $833K | Reduce -60.8% |
| IVV iShares Core S&P 500 ETF | 0.34% | 1,409 | $741K | Reduce -11.1% |
| IJH iShares Core S&P Midcap ETF | 0.32% | 11,593 | $704K | Add +0.7% |
| IVW iShares S&P 500 Growth ETF | 0.28% | 7,135 | $602K | No change |
| GOOG Alphabet Inc. Class C | 0.27% | 3,873 | $590K | Add +0.3% |
| IRT Independence Realty Trust Inc. | 0.27% | 36,098 | $582K | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.25% | 9,255 | $543K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 1,178 | $523K | Add +6.6% |
| VDE Vanguard Energy ETF | 0.24% | 3,965 | $522K | No change |
| PANW Palo Alto Networks Inc. | 0.24% | 1,824 | $518K | Reduce -2.0% |
| IVE iShares S&P 500 Value ETF | 0.22% | 2,545 | $475K | No change |
| MDY State Street SPDR S&P Midcap | 0.22% | 847 | $471K | No change |
| TFC Truist Financial Corp. | 0.21% | 11,886 | $463K | Reduce -18.7% |
| FDX FedEx Corp. | 0.16% | 1,171 | $339K | No change |
| MRK Merck & Co. Inc. | 0.15% | 2,462 | $325K | No change |
| LOW Lowe's Cos Inc. | 0.13% | 1,132 | $288K | No change |
| SNPS Synopsys Inc. | 0.11% | 5,717 | $229K | No change |
| ABBV Abbvie Inc. | 0.10% | 1,193 | $217K | No change |
| KO The Coca-Cola Co. | 0.09% | 3,298 | $202K | Add +5.3% |
| IJR iShares Core S&P Small-Cap E | 0.09% | 1,776 | $196K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.08% | 4,806 | $182K | Reduce -0.6% |
| AMGN Amgen Inc. | 0.08% | 604 | $172K | No change |
| BA The Boeing Co. | 0.08% | 885 | $171K | No change |
| IJT iShares S&P Small-Cap 600 GR | 0.08% | 1,252 | $164K | No change |
| SDY SS SPDR S&P Dividend ETF | 0.07% | 1,227 | $161K | No change |
| NKE Nike Inc. Class B | 0.07% | 1,590 | $149K | Add +0.2% |
| IJS iShares S&P Small-Cap 600 Va | 0.06% | 1,294 | $133K | No change |
| ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF | 0.06% | 1,142 | $132K | Add +0.9% |
| ZETA Zeta Global Holdings Corp. Class A | 0.06% | 11,980 | $131K | Reduce -45.9% |
| DVY iShares Select Dividend ETF | 0.06% | 1,000 | $123K | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.06% | 940 | $121K | Add +13.5% |
| AVGO Broadcom Inc. | 0.06% | 91 | $121K | Reduce -1.1% |
| ESGU iShares ESG Aware MSCI USA | 0.05% | 1,001 | $115K | Add +0.4% |
| MDLZ Mondelez International Inc. Class A | 0.05% | 1,607 | $112K | No change |
| CVX Chevron Corp. | 0.05% | 703 | $111K | No change |
| ABT Abbott Laboratories | 0.05% | 888 | $101K | No change |
| GIS General Mills Inc. | 0.04% | 1,370 | $96K | No change |
| BN Brookfield Corp. | 0.04% | 2,250 | $94K | No change |
| ANET Arista Networks Inc. | 0.04% | 320 | $93K | New |
| NOW ServiceNow Inc. | 0.04% | 119 | $91K | Add +142.9% |
| IBB iShares Biotechnology ETF | 0.04% | 642 | $88K | No change |
| ESGR Enstar Group Ltd. | 0.04% | 273 | $85K | No change |
| PSX Phillips 66 | 0.04% | 500 | $82K | New |
| PNC PNC Financial Services Group | 0.04% | 488 | $79K | No change |
| BSV Vanguard Short-Term Bond ETF | 0.04% | 991 | $76K | No change |
| WFC Wells Fargo & Co. | 0.03% | 1,225 | $71K | No change |
| C Citigroup Inc. | 0.03% | 1,108 | $70K | No change |
| GEHC GE Healthcare Technology | 0.03% | 708 | $64K | Add +102.9% |
| BMY Bristol-Myers Squibb Co. | 0.03% | 1,170 | $63K | No change |
| BNDX Vanguard Total Intl Bond ETF | 0.03% | 1,253 | $62K | No change |
| DUK Duke Energy Corp. | 0.03% | 608 | $59K | Add +1.0% |
| GS Goldman Sachs Group Inc. | 0.03% | 139 | $58K | No change |
| EW Edwards Lifesciences Corp. | 0.03% | 600 | $57K | No change |
| WDAY Workday Inc. Class A | 0.03% | 209 | $57K | No change |
| MO Altria Group Inc. | 0.02% | 1,197 | $52K | No change |
| CHKP Check Point Software Tech | 0.02% | 300 | $49K | No change |
| DAL Delta Air Lines Inc. | 0.02% | 1,021 | $49K | Reduce -97.1% |
Lines left out (1) · $21 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| IBM Intl Business Machines Corp. | COM | 0 | $21 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $217.3M.
Portfolio Sells Q4 2023 → Q1 2024
| VOO Vanguard S&P 500 ETF | Reduce -5.9% | 20.62% | −1.47 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.88 |
| BND Vanguard Total Bond Market | Reduce -60.8% | 0.38% | −0.71 |
| DAL Delta Air Lines Inc. | Reduce -97.1% | 0.02% | −0.69 |
| LH Laboratory CRP of Amer Hldgs | Sold out | 0.00% | −0.56 |
| PFE Pfizer Inc. | Reduce -99.9% | 0.00% | −0.55 |
| UPS United Parcel Service Class B | Reduce -98.5% | 0.01% | −0.54 |
| ADM Archer-Daniels-Midland Co. | Reduce -0.6% | 0.98% | −0.28 |
| MHK Mohawk Industries Inc. | Reduce -94.1% | 0.02% | −0.23 |
| MSFT Microsoft Corp. | Reduce -4.6% | 4.84% | −0.19 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -7.0% | 1.38% | −0.16 |
| JNJ Johnson & Johnson | Reduce -0.2% | 1.06% | −0.11 |
| GOOGL Alphabet Inc. Class A | Reduce -0.3% | 2.99% | −0.09 |
| TFC Truist Financial Corp. | Reduce -18.7% | 0.21% | −0.06 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Reduce -5.8% | 0.76% | −0.05 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.05 |
| IVV iShares Core S&P 500 ETF | Reduce -11.1% | 0.34% | −0.05 |
| PANW Palo Alto Networks Inc. | Reduce -2.0% | 0.24% | −0.04 |
| ZETA Zeta Global Holdings Corp. Class A | Reduce -45.9% | 0.06% | −0.04 |
| ENB Enbridge Inc. | Sold out | 0.00% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Reduce -72.7% | 0.00% | −0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Sold out | 0.00% | −0.01 |
| FTEC Fidelity MSCI Info Tech Indx | Sold out | 0.00% | −0.01 |
| FHLC Fidelity MSCI Health Care | Sold out | 0.00% | −0.00 |
| PENN Penn Entertainment Inc. | Sold out | 0.00% | −0.00 |
| RWR SS SPDR Dow Jones REIT ETF | Sold out | 0.00% | −0.00 |
| SOFI Sofi Technologies Inc. | Reduce -54.0% | 0.00% | −0.00 |
| FCOM Fidelity MSCI Comm Serv Indx | Sold out | 0.00% | −0.00 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.00 |
| GNR State Street SPDR S&P Global | Sold out | 0.00% | −0.00 |
| VPL Vanguard Ftse Pacific ETF | Sold out | 0.00% | −0.00 |
| FDIS Fidelity MSCI Cons Discr Ind | Sold out | 0.00% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -6.2% | 0.01% | −0.00 |
| FSTA Fidelity MSCI Cons Stap Indx | Sold out | 0.00% | −0.00 |
| PYPL PayPal Holdings Inc. | Reduce -6.3% | 0.02% | −0.00 |
| XYZ Block Inc. | Reduce -21.0% | 0.00% | −0.00 |
| FNCL Fidelity MSCI Financial Indx | Sold out | 0.00% | −0.00 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −0.00 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.00 |
| VGK Vanguard Ftse Europe ETF | Sold out | 0.00% | −0.00 |
| GLDM SPDR Gold Minishares Trust | Sold out | 0.00% | −0.00 |
| FENY Fidelity MSCI Energy Index | Sold out | 0.00% | −0.00 |
| UNITED STS NAT GAS FD LP | Sold out | 0.00% | −0.00 |
| VYM Vanguard High DVD Yield ETF | Reduce -21.2% | 0.00% | −0.00 |
| BATRA Atlanta Braves Holdings in-A | Sold out | 0.00% | −0.00 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.00 |
| BXMT Blackstone Mortgage Tru Class A | Sold out | 0.00% | −0.00 |
| SPUU Dir Dai S&P 500 Bu 2X ETF-US | Sold out | 0.00% | −0.00 |
| IIPR Innovative Industrial Proper | Sold out | 0.00% | −0.00 |
| PLD Prologis Inc. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| LLY Eli Lilly & Co. | Add +94.6% | 2.24% | +1.29 |
| LMT Lockheed Martin Corp. | New | 0.99% | +0.99 |
| TMO Thermo Fisher Scientific Inc. | New | 0.94% | +0.94 |
| OTIS Otis Worldwide Corp. | New | 0.81% | +0.81 |
| DIS The Walt Disney Co. | Add +56.0% | 1.67% | +0.79 |
| VEEV Veeva Systems Inc. Class A | Add +116.6% | 1.24% | +0.71 |
| DHR Danaher Corp. | New | 0.55% | +0.55 |
| ASML ASML Holding NV-NY Reg SHS | Add +21.3% | 1.86% | +0.54 |
| AMZN Amazon.com Inc. | Add +3.3% | 3.47% | +0.33 |
| GE General Electric | Add +5.6% | 1.17% | +0.28 |
| FISV Fiserv Inc. | Add +8.4% | 1.41% | +0.21 |
| JPM JPMorgan Chase & Co. | Add +1.3% | 2.35% | +0.17 |
| KMX Carmax Inc. | Add +15.5% | 0.91% | +0.14 |
| CRM Salesforce Inc. | Add +1.4% | 2.06% | +0.09 |
| MA Mastercard Inc. Class A | Add +0.9% | 2.98% | +0.08 |
| CB Chubb Ltd. | Add +1.3% | 1.62% | +0.07 |
| ANET Arista Networks Inc. | New | 0.04% | +0.04 |
| PSX Phillips 66 | New | 0.04% | +0.04 |
| GD General Dynamics Corp. | Add +4.5% | 1.20% | +0.03 |
| PG The Procter & Gamble Co. | Add +4.5% | 0.70% | +0.03 |
| NOW ServiceNow Inc. | Add +142.9% | 0.04% | +0.02 |
| GEHC GE Healthcare Technology | Add +102.9% | 0.03% | +0.02 |
| AX Axos Financial Inc. | New | 0.01% | +0.01 |
| ATMU Atmus Filtration Technologie | New | 0.01% | +0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +13.5% | 0.06% | +0.01 |
| DJT Trump Media & Technology Gro | New | 0.01% | +0.01 |
| DELL Dell Technologies -C | New | 0.01% | +0.01 |
| AXP American Express Co. | New | 0.01% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +6.6% | 0.24% | +0.01 |
| GLW Corning Inc. | New | 0.01% | +0.01 |
| COST Costco Wholesale Corp. | Add +0.3% | 1.51% | +0.01 |
| OXY Occidental Petroleum Corp. | Add +75.2% | 0.01% | +0.00 |
| TTWO Take-Two Interactive Softwre | New | 0.00% | +0.00 |
| EPI Wisdomtree India Earnings | New | 0.00% | +0.00 |
| NUV Nuveen Municipal Value | Add +1.4% | 0.02% | +0.00 |
| SCHW Schwab (charles) Corp. | Add +5.5% | 2.07% | +0.00 |
| DKNG Draftkings Inc. Class A | Add +8.2% | 0.01% | +0.00 |
| INDA iShares MSCI India ETF | New | 0.00% | +0.00 |
| KWEB Kranesh Csi China Internet | New | 0.00% | +0.00 |
| WMT Walmart Inc. | Add +0.3% | 0.01% | +0.00 |
| TSM Taiwan Semiconductor-SP ADR | Add +200.0% | 0.00% | +0.00 |
| HOG Harley-Davidson Inc. | Add +0.8% | 0.00% | +0.00 |
| WBA Walgreens Boots Alliance Inc. | Add +2500.0% | 0.00% | +0.00 |
| DXJ Wisdomtree Japan Hedged Eq | New | 0.00% | +0.00 |
| MMM 3M Co. | Add +50.0% | 0.00% | +0.00 |
| RBLX Roblox Corp. Class A | Add +100.0% | 0.00% | 0.00 |
| RITM Rithm Capital Corp. | Add +0.3% | 0.00% | −0.00 |
| ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF | Add +0.9% | 0.06% | −0.00 |
| QQQJ Invesco Nasdaq Next Gen 100 | Add +0.9% | 0.02% | −0.00 |
| ESGU iShares ESG Aware MSCI USA | Add +0.4% | 0.05% | −0.00 |
Notes & Other Activity Q4 2023 → Q1 2024
| IBM Intl Business Machines Corp. | COM | Reduce -100.0% | 0 | $21 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 313 | $323.9M | VOO, AAPL, GOOGL, NVDA, AMZN |
| Q1 2026 | 276 | $286.3M | VOO, AAPL, GOOGL, NVDA, AMZN |
| Q4 2025 | 274 | $302.1M | VOO, AAPL, GOOGL, NVDA, MSFT |
| Q3 2025 | 252 | $295.0M | VOO, AAPL, NVDA, MSFT, GOOGL |
| Q2 2025 | 245 | $268.4M | VOO, AAPL, NVDA, MSFT, AMZN |
| Q1 2025 | 249 | $239.4M | VOO, AAPL, MSFT, AMZN, NVDA |
| Q4 2024 | 210 | $241.0M | VOO, AAPL, MSFT, NVDA, AMZN |
| Q3 2024 | 209 | $236.9M | VOO, AAPL, MSFT, NVDA, AMZN |
| Q2 2024 | 206 | $225.6M | VOO, AAPL, MSFT, NVDA, AMZN |
| Q1 2024 | 207 | $217.3M | VOO, AAPL, MSFT, AMZN, NVDA |