Investment Research & Advisory Group, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 21, 2025), Investment Research & Advisory Group, Inc. reported 249 stock positions worth $239.4 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 20.0% of the portfolio, followed by Apple (AAPL, 7.5%) and Microsoft (MSFT, 3.8%). Compared with Q4 2024, it opened 48 new positions, sold out of 9, added to 79 and reduced 20. The biggest buy was Philip Morris International (PM, shares +6%) and the biggest sale Apple (AAPL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001802136
- Portfolio Value
- $239.4M (Q1 2025)
- SEC Filing
- 0001802136-25-000003 ↗ filed Apr 21, 2025
Holdings Value
Holdings 249 stocks · $239.4M
| VOO Vanguard S&P 500 ETF | 20.01% | 93,201 | $47.9M | Add +2.6% |
| AAPL Apple Inc. | 7.51% | 80,907 | $18.0M | Reduce -1.7% |
| MSFT Microsoft Corp. | 3.83% | 24,404 | $9.2M | Add +0.5% |
| AMZN Amazon.com Inc. | 3.25% | 40,893 | $7.8M | Reduce -1.3% |
| NVDA Nvidia Corp. | 3.14% | 69,295 | $7.5M | Reduce -90.1% |
| MA Mastercard Inc. Class A | 3.08% | 13,433 | $7.4M | Reduce -0.3% |
| V Visa Inc. Class A | 2.88% | 19,664 | $6.9M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 2.75% | 42,606 | $6.6M | Add +0.5% |
| JPM JPMorgan Chase & Co. | 2.61% | 25,461 | $6.2M | Add +0.5% |
| META Meta Platforms Inc. Class A | 2.43% | 10,080 | $5.8M | Reduce -1.0% |
| LLY Eli Lilly & Co. | 2.31% | 6,697 | $5.5M | Add +3.2% |
| SCHW Schwab (charles) Corp. | 2.13% | 65,182 | $5.1M | Add +2.0% |
| BLK BlackRock Finance Inc. | 2.12% | 5,371 | $5.1M | Add +1.2% |
| FISV Fiserv Inc. | 1.85% | 20,060 | $4.4M | Add +0.5% |
| COST Costco Wholesale Corp. | 1.81% | 4,590 | $4.3M | Add +3.0% |
| CB Chubb Ltd. | 1.78% | 14,110 | $4.3M | Add +4.5% |
| UBER Uber Technologies Inc. | 1.75% | 57,638 | $4.2M | Add +0.5% |
| CRM Salesforce Inc. | 1.69% | 15,072 | $4.0M | Add +0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.59% | 7,126 | $3.8M | Add +1.2% |
| NFLX Netflix Inc. | 1.50% | 3,859 | $3.6M | Add +8.1% |
| BKNG Booking Holdings Inc. | 1.42% | 740 | $3.4M | Add +7.7% |
| UNH Unitedhealth Group Inc. | 1.41% | 6,433 | $3.4M | Add +2.0% |
| VEEV Veeva Systems Inc. Class A | 1.36% | 14,105 | $3.3M | Add +14.0% |
| PM Philip Morris International | 1.35% | 20,416 | $3.2M | Add +6.3% |
| ASML ASML Holding NV-NY Reg SHS | 1.33% | 4,791 | $3.2M | Add +2.1% |
| IQV Iqvia Holdings Inc. | 1.32% | 17,977 | $3.2M | Add +2.5% |
| SBUX Starbucks Corp. | 1.29% | 31,574 | $3.1M | Add +8.2% |
| GE General Electric filed as GE AEROSPACE | 1.27% | 15,170 | $3.0M | Add +3.0% |
| JNJ Johnson & Johnson | 1.21% | 17,494 | $2.9M | Add +15.4% |
| GD General Dynamics Corp. | 1.17% | 10,285 | $2.8M | Add +6.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.12% | 12,094 | $2.7M | Add +2.1% |
| LMT Lockheed Martin Corp. | 1.02% | 5,470 | $2.4M | Add +4.0% |
| KMX Carmax Inc. | 0.96% | 29,416 | $2.3M | Add +7.8% |
| ADBE Adobe Inc. | 0.89% | 5,565 | $2.1M | Add +15.0% |
| OTIS Otis Worldwide Corp. | 0.86% | 19,870 | $2.1M | Add +17.8% |
| PG The Procter & Gamble Co. | 0.81% | 11,438 | $1.9M | Add +15.0% |
| TMO Thermo Fisher Scientific Inc. | 0.76% | 3,660 | $1.8M | Reduce -1.0% |
| ADM Archer-Daniels-Midland Co. | 0.68% | 33,800 | $1.6M | Reduce -0.6% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.66% | 2,845 | $1.6M | Add +0.1% |
| DHR Danaher Corp. | 0.50% | 5,885 | $1.2M | Add +10.3% |
| BND Vanguard Total Bond Market | 0.49% | 16,019 | $1.2M | Add +8.0% |
| VXUS Vanguard Total Intl Stock | 0.38% | 14,466 | $898K | Add +3.4% |
| HD Home Depot Inc. | 0.37% | 2,387 | $875K | Add +0.7% |
| IJH iShares Core S&P Midcap ETF | 0.35% | 14,447 | $843K | Reduce -88.4% |
| IRT Independence Realty Trust Inc. | 0.32% | 36,098 | $766K | No change |
| GEV GE Vernova Inc. | 0.31% | 2,420 | $739K | Reduce -7.4% |
| IVV iShares Core S&P 500 ETF | 0.31% | 1,301 | $731K | Reduce -1.7% |
| IVW iShares S&P 500 Growth ETF | 0.28% | 7,135 | $662K | No change |
| PANW Palo Alto Networks Inc. | 0.28% | 3,869 | $660K | Add +0.3% |
| GOOG Alphabet Inc. Class C | 0.25% | 3,878 | $606K | Reduce -0.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.24% | 9,356 | $568K | Add +2.3% |
| CHH Choice Hotels Intl Inc. | 0.23% | 4,214 | $560K | Reduce -34.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.23% | 1,184 | $555K | Add +0.2% |
| VDE Vanguard Energy ETF | 0.21% | 3,965 | $514K | No change |
| IVE iShares S&P 500 Value ETF | 0.20% | 2,545 | $485K | No change |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 0.14% | 2,603 | $335K | New |
| FDX FedEx Corp. | 0.12% | 1,171 | $285K | No change |
| ABBV Abbvie Inc. | 0.11% | 1,313 | $275K | Add +10.1% |
| MDY State Street SPDR S&P Midcap | 0.11% | 503 | $268K | No change |
| SNPS Synopsys Inc. | 0.11% | 5,717 | $267K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.11% | 3,504 | $265K | Add +20.9% |
| LOW Lowe's Cos Inc. | 0.11% | 1,132 | $264K | No change |
| VTWO Vanguard Russell 2000 ETF | 0.11% | 3,149 | $254K | Add +25.9% |
| MRK Merck & Co. Inc. | 0.10% | 2,798 | $251K | Add +13.7% |
| KO The Coca-Cola Co. | 0.10% | 3,275 | $235K | Add +15.0% |
| AVGO Broadcom Inc. | 0.09% | 1,307 | $219K | Add +43.6% |
| VRP Invesco Variable Rate Prefer | 0.09% | 8,988 | $218K | Reduce -2.2% |
| AMT American Tower Corp. | 0.09% | 988 | $215K | No change |
| AMGN Amgen Inc. | 0.09% | 689 | $215K | Add +17.0% |
| ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF | 0.09% | 1,738 | $212K | Add +0.2% |
| AVUV Avantis US Small Cap Value | 0.09% | 2,333 | $203K | Add +53.4% |
| MO Altria Group Inc. | 0.08% | 3,369 | $202K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.08% | 4,776 | $199K | No change |
| IJR iShares Core S&P Small-Cap E | 0.08% | 1,776 | $186K | No change |
| SDY SS SPDR S&P Dividend ETF | 0.07% | 1,262 | $171K | Reduce -5.2% |
| ZETA Zeta Global Holdings Corp. Class A | 0.07% | 11,980 | $162K | No change |
| IJT iShares S&P Small-Cap 600 GR | 0.07% | 1,252 | $156K | No change |
| BA The Boeing Co. | 0.06% | 885 | $151K | No change |
| SPHY SS SPDR P High Yield ETF | 0.06% | 5,719 | $134K | Add +26.3% |
| ABT Abbott Laboratories | 0.06% | 1,008 | $134K | Add +13.5% |
| IJS iShares S&P Small-Cap 600 Va | 0.05% | 1,294 | $126K | No change |
| ESGU iShares ESG Aware MSCI USA | 0.05% | 1,013 | $123K | Add +0.3% |
| BSCP Invesco Bulletshares 2025 CB | 0.05% | 5,836 | $121K | New |
| MDLZ Mondelez International Inc. Class A | 0.05% | 1,747 | $119K | Add +8.7% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.05% | 335 | $118K | No change |
| BN Brookfield Corp. | 0.05% | 2,250 | $118K | No change |
| CVX Chevron Corp. | 0.05% | 703 | $118K | No change |
| GS Goldman Sachs Group Inc. | 0.05% | 214 | $117K | Add +30.5% |
| IEMG iShares Core MSCI Emerging | 0.04% | 1,997 | $108K | Add +21.6% |
| BSCQ Invesco Bulletshares 2026 CB | 0.04% | 5,441 | $106K | New |
| BNDX Vanguard Total Intl Bond ETF | 0.04% | 2,143 | $105K | Add +10.1% |
| BMY Bristol-Myers Squibb Co. | 0.04% | 1,650 | $101K | Add +83.3% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.04% | 1,364 | $95K | Add +45.1% |
| ESGR Enstar Group Ltd. | 0.04% | 273 | $91K | No change |
| QPFF American Century Qual Pref | 0.04% | 2,515 | $89K | No change |
| WFC Wells Fargo & Co. | 0.04% | 1,225 | $88K | No change |
| PNC PNC Financial Services Group | 0.04% | 488 | $86K | No change |
| WMT Walmart Inc. | 0.04% | 971 | $85K | Add +41.3% |
| IBB iShares Biotechnology ETF | 0.03% | 642 | $82K | No change |
| ANET Arista Networks Inc. | 0.03% | 1,038 | $80K | Reduce -18.9% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $194 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 7 | $194 | New |
Total filed on the 13F, all lines: $239.4M.
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -1.7% | 7.51% | −1.05 |
| NVDA Nvidia Corp. | Reduce -90.1% | 3.14% | −0.78 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 3.25% | −0.52 |
| CHH Choice Hotels Intl Inc. | Reduce -34.4% | 0.23% | −0.14 |
| GOOG Alphabet Inc. Class C | Reduce -0.3% | 0.25% | −0.05 |
| GEV GE Vernova Inc. | Reduce -7.4% | 0.31% | −0.05 |
| META Meta Platforms Inc. Class A | Reduce -1.0% | 2.43% | −0.05 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.0% | 0.76% | −0.04 |
| ADM Archer-Daniels-Midland Co. | Reduce -0.6% | 0.68% | −0.03 |
| ANET Arista Networks Inc. | Reduce -18.9% | 0.03% | −0.03 |
| PSX Phillips 66 | Sold out | 0.00% | −0.02 |
| IVV iShares Core S&P 500 ETF | Reduce -1.7% | 0.31% | −0.02 |
| TD Toronto-Dominion Bank | Sold out | 0.00% | −0.01 |
| AX Axos Financial Inc. | Sold out | 0.00% | −0.01 |
| ATMU Atmus Filtration Technologie | Sold out | 0.00% | −0.01 |
| GLW Corning Inc. | Sold out | 0.00% | −0.01 |
| NUV Nuveen Municipal Value | Reduce -96.4% | 0.00% | −0.01 |
| DKNG Draftkings Inc. Class A | Reduce -53.2% | 0.00% | −0.00 |
| SDY SS SPDR S&P Dividend ETF | Reduce -5.2% | 0.07% | −0.00 |
| VRP Invesco Variable Rate Prefer | Reduce -2.2% | 0.09% | −0.00 |
| WAB Wabtec Corp. | Sold out | 0.00% | −0.00 |
| DXJ Wisdomtree Japan Hedged Eq | Sold out | 0.00% | −0.00 |
| UBER TECHNOLOGIES INC | Sold out | 0.00% | −0.00 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.00 |
| XLF SS Financial Select Sector | Reduce -3.3% | 0.01% | 0.00 |
| AXP American Express Co. | Reduce -85.1% | 0.02% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Reduce -88.4% | 0.35% | +0.03 |
| MA Mastercard Inc. Class A | Reduce -0.3% | 3.08% | +0.13 |
| V Visa Inc. Class A | Reduce -0.1% | 2.88% | +0.30 |
Portfolio Buys Q4 2024 → Q1 2025
| PM Philip Morris International | Add +6.3% | 1.35% | +0.39 |
| UBER Uber Technologies Inc. | Add +0.5% | 1.75% | +0.32 |
| JNJ Johnson & Johnson | Add +15.4% | 1.21% | +0.30 |
| VEEV Veeva Systems Inc. Class A | Add +14.0% | 1.36% | +0.29 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.2% | 1.59% | +0.26 |
| GE General Electric | Add +3.0% | 1.27% | +0.25 |
| LLY Eli Lilly & Co. | Add +3.2% | 2.31% | +0.23 |
| CB Chubb Ltd. | Add +4.5% | 1.78% | +0.23 |
| OTIS Otis Worldwide Corp. | Add +17.8% | 0.86% | +0.21 |
| SBUX Starbucks Corp. | Add +8.2% | 1.29% | +0.19 |
| NFLX Netflix Inc. | Add +8.1% | 1.50% | +0.18 |
| SCHW Schwab (charles) Corp. | Add +2.0% | 2.13% | +0.17 |
| FISV Fiserv Inc. | Add +0.5% | 1.85% | +0.15 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | New | 0.14% | +0.14 |
| PG The Procter & Gamble Co. | Add +15.0% | 0.81% | +0.12 |
| COST Costco Wholesale Corp. | Add +3.0% | 1.81% | +0.12 |
| GD General Dynamics Corp. | Add +6.2% | 1.17% | +0.11 |
| JPM JPMorgan Chase & Co. | Add +0.5% | 2.61% | +0.09 |
| UNH Unitedhealth Group Inc. | Add +2.0% | 1.41% | +0.08 |
| BSCP Invesco Bulletshares 2025 CB | New | 0.05% | +0.05 |
| BND Vanguard Total Bond Market | Add +8.0% | 0.49% | +0.05 |
| BSCQ Invesco Bulletshares 2026 CB | New | 0.04% | +0.04 |
| VXUS Vanguard Total Intl Stock | Add +3.4% | 0.38% | +0.03 |
| KMX Carmax Inc. | Add +7.8% | 0.96% | +0.03 |
| ABBV Abbvie Inc. | Add +10.1% | 0.11% | +0.03 |
| IEFA iShares Core MSCI Eafe ETF | Add +20.9% | 0.11% | +0.03 |
| AMGN Amgen Inc. | Add +17.0% | 0.09% | +0.03 |
| RTX RTX Corp. | New | 0.03% | +0.03 |
| KO The Coca-Cola Co. | Add +15.0% | 0.10% | +0.02 |
| AVUV Avantis US Small Cap Value | Add +53.4% | 0.09% | +0.02 |
| CIBR First Trust Nasdaq Cybersecu | New | 0.02% | +0.02 |
| COWZ Pacer US Cash Cows 100 ETF | New | 0.02% | +0.02 |
| BMY Bristol-Myers Squibb Co. | Add +83.3% | 0.04% | +0.02 |
| LRCX Lam Research Corp. | New | 0.02% | +0.02 |
| CALF PCR US SM CP CSH CWS ETF-Usd | New | 0.02% | +0.02 |
| VGT Vanguard Info Tech ETF | New | 0.02% | +0.02 |
| VEU Vanguard Ftse All-World Ex-U | Add +2.3% | 0.24% | +0.02 |
| ABT Abbott Laboratories | Add +13.5% | 0.06% | +0.01 |
| MCD McDonald's Corp. | Add +269.2% | 0.02% | +0.01 |
| VTWO Vanguard Russell 2000 ETF | Add +25.9% | 0.11% | +0.01 |
| CARR Carrier Global Corp. | New | 0.01% | +0.01 |
| SPHY SS SPDR P High Yield ETF | Add +26.3% | 0.06% | +0.01 |
| FFIN First Finl Bankshares Inc. | New | 0.01% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +30.5% | 0.05% | +0.01 |
| WMT Walmart Inc. | Add +41.3% | 0.04% | +0.01 |
| MDLZ Mondelez International Inc. Class A | Add +8.7% | 0.05% | +0.01 |
| IEMG iShares Core MSCI Emerging | Add +21.6% | 0.04% | +0.01 |
| EMR Emerson Electric Co. | New | 0.01% | +0.01 |
| MSFO Yieldmax MSFT Option Is ETF | New | 0.01% | +0.01 |
| BKNG Booking Holdings Inc. | Add +7.7% | 1.42% | +0.01 |
Notes & Other Activity Q4 2024 → Q1 2025
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | New | 7 | $194 |
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 |