KLCM Advisors, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 16, 2024), KLCM Advisors, Inc. reported 162 stock positions worth $778.8 million. Its top holding was Nvidia (NVDA) at 19.1% of the portfolio, followed by Citigroup (C, 4.1%) and Ati (ATI, 4.0%). Compared with Q4 2023, it opened 11 new positions, sold out of 6, added to 60 and reduced 58. The biggest buy was Nvidia (NVDA, shares +10%) and the biggest sale an exit from Reynolds Consumer Products I (REYN).

Most Recent 13F
Q2 2026
Location
MILWAUKEE, WI
CIK
0001166620
Portfolio Value
$778.8M (Q1 2024)
SEC Filing
0001166620-24-000003 ↗ filed May 16, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $778.8M $778.8M Q1 2024 Q2 2024: $809.5M Q2 2024 Q3 2024: $842.6M Q3 2024 Q4 2024: $862.3M Q4 2024 Q1 2025: $854.8M Q1 2025 Q2 2025: $940.6M Q2 2025 Q3 2025: $1.0B Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 162 stocks · $778.8M
NVDA Nvidia Corp. 19.11% 164,709 $148.8M Add +9.8%
C Citigroup Inc. 4.07% 501,265 $31.7M Add +0.3%
ATI Ati Inc. 3.96% 602,935 $30.9M Reduce -5.7%
BA The Boeing Co. 3.16% 127,672 $24.6M Add +10.0%
WFC Wells Fargo & Co. 3.15% 422,641 $24.5M Reduce -3.1%
OGN Organon & Co. 3.00% 1,241,795 $23.3M Add +24.3%
NEM Newmont Corp. 2.99% 649,674 $23.3M Add +51.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.87% 589,711 $22.4M Add +1.6%
XOM Exxon Mobil Corp. 2.82% 188,907 $22.0M Add +60.3%
BMY Bristol-Myers Squibb Co. 2.72% 390,503 $21.2M Reduce -0.1%
T AT&T Inc. 2.60% 1,150,667 $20.3M Reduce -0.0%
VZ Verizon Communications Inc. 2.49% 462,170 $19.4M Reduce -1.1%
GTES Gates Industrial Corp. UK Ltd. 2.45% 1,077,505 $19.1M Add +59.2%
MDT Medtronic PLC 2.43% 216,727 $18.9M Reduce -1.2%
HAL Halliburton Co. 2.41% 475,384 $18.7M Reduce -3.0%
KVUE Kenvue Inc. 2.38% 865,141 $18.6M Add +72.8%
WBA Walgreens Boots Alliance Inc. 2.05% 735,413 $16.0M Add +9.7%
DOW Dow Inc. 1.90% 254,882 $14.8M Reduce -0.6%
CSCO Cisco Systems Inc. 1.87% 292,443 $14.6M Add +1.9%
AAPL Apple Inc. 1.60% 72,775 $12.5M Add +3.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.51% 96,410 $11.8M Reduce -43.6%
LPX Louisiana-Pacific Corp. 1.51% 140,233 $11.8M Add +1.5%
CTRA Coterra Energy Inc. 1.43% 399,469 $11.1M Reduce -0.2%
GT Goodyear Tire & Rubber Co. 1.43% 810,770 $11.1M Add +7.4%
GM General Motors Co. 1.27% 217,519 $9.9M Add +2.1%
PTEN Patterson-Uti Energy Inc. 1.23% 804,815 $9.6M New
HBI Hanesbrands Inc. 1.08% 1,456,823 $8.4M Reduce -0.9%
MAN Manpowergroup Inc. 1.06% 106,356 $8.3M Add +3.7%
MCS Marcus Corporation 1.02% 558,289 $8.0M Reduce -1.2%
MSFT Microsoft Corp. 0.87% 16,079 $6.8M Add +4.9%
USB US Bancorp 0.77% 133,626 $6.0M Add +0.7%
LLY Eli Lilly & Co. 0.72% 7,172 $5.6M Reduce -8.3%
PFE Pfizer Inc. 0.64% 179,939 $5.0M Add +3.5%
UNP Union Pacific Corp. 0.64% 20,248 $5.0M Reduce -0.0%
ABBV Abbvie Inc. 0.57% 24,489 $4.5M Reduce -2.1%
CVX Chevron Corp. 0.51% 24,996 $3.9M Add +5.1%
KMI Kinder Morgan Inc. 0.49% 207,671 $3.8M Reduce -74.8%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.41% 36,349 $3.2M No change
IP International Paper Co. 0.41% 81,410 $3.2M Add +14.3%
GOOG Alphabet Inc. Class C 0.40% 20,501 $3.1M Add +5.7%
FISV Fiserv Inc. 0.39% 19,223 $3.1M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 0.38% 7,093 $3.0M Add +148.8%
WEC WEC Energy Group Inc. 0.38% 35,942 $3.0M Add +4.7%
JPM JPMorgan Chase & Co. 0.36% 14,093 $2.8M Reduce -46.0%
MTG Mgic Investment Corp. 0.33% 115,447 $2.6M Reduce -19.0%
KHC The Kraft Heinz Co. 0.32% 68,456 $2.5M Add +7.3%
AMZN Amazon.com Inc. 0.32% 13,890 $2.5M Add +15.9%
K Kellanova 0.32% 43,481 $2.5M Add +0.1%
AMD Advanced Micro Devices 0.30% 12,788 $2.3M Add +10.9%
UPS United Parcel Service Class B 0.29% 15,300 $2.3M Reduce -0.2%
KMB Kimberly-Clark Corp. 0.29% 17,200 $2.2M Add +340.2%
GOOGL Alphabet Inc. Class A 0.26% 13,575 $2.0M Add +8.2%
UNH Unitedhealth Group Inc. 0.22% 3,510 $1.7M Reduce -12.5%
MRK Merck & Co. Inc. 0.22% 12,858 $1.7M Add +0.6%
KSS Kohls Corp. 0.22% 57,946 $1.7M Reduce -2.6%
JCI Johnson Controls Internation 0.21% 25,490 $1.7M Reduce -7.3%
PG The Procter & Gamble Co. 0.21% 9,991 $1.6M Add +3.6%
PM Philip Morris International 0.20% 16,713 $1.5M Reduce -0.1%
GE General Electric 0.19% 8,511 $1.5M Add +6.2%
INTC Intel Corp. 0.19% 33,724 $1.5M Add +1.5%
FAST Fastenal Co. 0.17% 16,840 $1.3M Reduce -2.2%
ETN Eaton Corp. PLC 0.16% 3,919 $1.2M Add +11.4%
COST Costco Wholesale Corp. 0.15% 1,619 $1.2M Add +24.9%
JNJ Johnson & Johnson 0.15% 7,269 $1.1M Add +1.4%
META Meta Platforms Inc. Class A 0.15% 2,332 $1.1M No change
ABT Abbott Laboratories 0.14% 9,915 $1.1M Reduce -0.8%
CAT Caterpillar Inc. 0.14% 2,944 $1.1M Reduce -3.4%
TSLA Tesla Inc. 0.14% 6,071 $1.1M Add +8.9%
PEP Pepsico Inc. 0.14% 6,038 $1.1M Reduce -2.0%
V Visa Inc. Class A 0.14% 3,774 $1.1M Add +3.4%
ADBE Adobe Inc. 0.13% 2,075 $1.0M Add +15.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.13% 5,392 $1.0M Reduce -17.9%
MGEE Mge Energy Inc. 0.13% 12,975 $1.0M No change
MCD McDonald's Corp. 0.13% 3,550 $1.0M Reduce -5.6%
NFLX Netflix Inc. 0.13% 1,637 $994K Reduce -0.1%
ASB Associated Banc-Corp. 0.12% 45,081 $970K No change
ITW Illinois Tool Works 0.12% 3,556 $954K Reduce -10.5%
HD Home Depot Inc. 0.12% 2,443 $937K Add +8.9%
MA Mastercard Inc. Class A 0.12% 1,876 $903K Reduce -8.0%
CRWD CrowdStrike Holdings Inc. Class A 0.11% 2,610 $837K Reduce -7.1%
MS Morgan Stanley 0.11% 8,736 $823K Add +21.9%
MO Altria Group Inc. 0.10% 17,932 $782K Reduce -0.6%
NSC Norfolk Southern Corp. 0.10% 3,025 $771K No change
NOW ServiceNow Inc. 0.10% 1,000 $762K Reduce -45.9%
F Ford Motor Co. filed as FORD MTR CO DEL 0.10% 56,819 $755K Add +15.7%
AMAT Applied Materials Inc. 0.09% 3,437 $709K Reduce -0.0%
XEL Xcel Energy Inc. 0.09% 12,839 $690K No change
TXN Texas Instruments Inc. 0.08% 3,789 $660K Add +17.4%
FIS Fidelity National Info Serv 0.08% 8,893 $660K Add +1.2%
COSO Coastal South Bancshares Inc. 0.08% 37,046 $621K No change
AEM Agnico Eagle Mines Ltd. 0.08% 10,018 $598K No change
AVGO Broadcom Inc. 0.08% 448 $594K Reduce -33.6%
MDLZ Mondelez International Inc. Class A 0.08% 8,456 $592K No change
WM Waste Management Inc. 0.08% 2,753 $587K Add +44.7%
MCK McKesson Corp. 0.07% 1,057 $568K Add +67.8%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.07% 10,326 $566K Reduce -1.9%
HP Helmerich & Payne 0.07% 13,000 $547K No change
DUK Duke Energy Corp. 0.06% 5,181 $501K Add +2.9%
HTLF Heartland Financial USA Inc. 0.06% 13,900 $489K No change
DE Deere & Co. 0.06% 1,186 $487K Reduce -6.0%
EMR Emerson Electric Co. 0.06% 4,274 $485K Reduce -4.5%
LNT Alliant Energy Corp. 0.06% 9,370 $472K Add +1.2%
ORCL Oracle Corp. 0.06% 3,666 $460K Add +1.0%
CL Colgate-Palmolive Co. 0.06% 4,987 $449K No change
QCOM Qualcomm Inc. 0.06% 2,646 $448K Add +16.4%
SLCA US Silica Holdings Inc. 0.06% 35,000 $434K Reduce -10.8%
MSI Motorola Solutions Inc. 0.06% 1,223 $434K Add +67.3%
LMT Lockheed Martin Corp. 0.06% 944 $429K Reduce -5.9%
BP BP PLC-Spons ADR 0.06% 11,379 $429K Reduce -0.9%
COP Conocophillips 0.05% 3,280 $417K No change
ACN Accenture PLC Class A 0.05% 1,189 $412K No change
TGT Target Corp. 0.05% 2,245 $398K Reduce -0.8%
CVS CVS Health Corp. 0.05% 4,724 $377K Add +53.8%
MET Metlife Inc. 0.05% 4,969 $368K Add +0.1%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.05% 3,663 $358K No change
CEG Constellation Energy 0.05% 1,902 $352K Reduce -4.2%
KO The Coca-Cola Co. 0.04% 5,705 $349K Reduce -2.0%
DHI D.R. Horton Inc. 0.04% 2,079 $342K New
PSX Phillips 66 0.04% 2,072 $338K Reduce -7.4%
SCHW Schwab (charles) Corp. 0.04% 4,538 $328K Add +41.6%
COR Cencora Inc. filed as AMERISOURCEBERGE 0.04% 1,350 $328K New
ROK Rockwell Automation Inc. 0.04% 1,120 $326K Reduce -0.4%
AXP American Express Co. 0.04% 1,428 $325K Add +5.2%
OXY Occidental Petroleum Corp. 0.04% 4,889 $318K No change
BCE Bce Inc. 0.04% 9,318 $317K No change
ANSS Ansys Inc. 0.04% 908 $315K Reduce -3.7%
APACHE CORP 0.04% 9,030 $310K New
ADI Analog Devices Inc. 0.04% 1,488 $294K Add +25.3%
WMT Walmart Inc. 0.04% 4,784 $288K Add +6.5%
ELV Elevance Health Inc. 0.04% 551 $286K No change
RTX RTX Corp. 0.04% 2,917 $284K Reduce -0.8%
EXAS Exact Sciences Corp. 0.04% 3,987 $275K No change
EXC Exelon Corp. 0.04% 7,253 $272K Reduce -3.3%
NIC Nicolet Bankshares Inc. 0.03% 3,088 $266K No change
KLAC KLA Corp. 0.03% 375 $262K No change
LOW Lowe's Cos Inc. 0.03% 1,014 $258K Add +3.3%
SPG Simon Property Group Inc. 0.03% 1,644 $257K Reduce -47.7%
AMGN Amgen Inc. 0.03% 861 $245K Add +4.4%
Marathon Bancorp Inc. 0.03% 25,000 $234K No change
MAS Masco Corp. 0.03% 2,880 $227K New
NVO Novo-Nordisk A/S-Spons ADR 0.03% 1,721 $221K New
OI O-I Glass Inc. 0.03% 13,200 $219K New
OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC 0.03% 14,000 $219K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.03% 865 $216K Reduce -17.8%
ARCC Ares Capital Corp. 0.03% 10,370 $216K No change
HON Honeywell International Inc. 0.03% 1,041 $214K Reduce -0.9%
OMC Omnicom Group 0.03% 2,149 $208K New
HSY The Hershey Co. 0.03% 1,067 $208K New
TMUS T-Mobile US Inc. 0.03% 1,250 $204K New
SOFI Sofi Technologies Inc. 0.01% 11,000 $80K Reduce -55.1%
NOK Nokia Corp.-Spon ADR 0.01% 12,433 $44K Reduce -0.0%
NNDM Nano Dimension Ltd. - ADR 0.00% 10,000 $28K No change
RNGE Range Impact Inc. filed as MALACHITE INNOVATIONS INC 0.00% 74,000 $28K No change
VUZI Vuzix Corp. 0.00% 21,000 $25K Reduce -30.7%
TELL Tellurian Inc. 0.00% 23,000 $15K No change
OPK Opko Health Inc. 0.00% 10,000 $12K No change
Spooz Inc. 0.00% 1,535,000 $10K No change
Troy Minerals Inc. 0.00% 10,000 $3K New
DTZZF Dotz Nano Ltd. 0.00% 10,000 $1K No change
SRNE Sorrento Therapeutics Inc. 0.00% 30,000 $240 No change
BEEI Bald Eagle Energy Inc. 0.00% 14,000 $0 No change
OPMG Options Media Group Holdings 0.00% 20,000 $0 No change

Portfolio Sells Q4 2023 → Q1 2024
REYN Reynolds Consumer Products I Sold out 0.00% −2.17
KMI Kinder Morgan Inc. Reduce -74.8% 0.49% −1.76
DIS The Walt Disney Co. Reduce -43.6% 1.51% −0.87
ATI Ati Inc. Reduce -5.7% 3.96% −0.53
T AT&T Inc. Reduce -0.0% 2.60% −0.38
BMY Bristol-Myers Squibb Co. Reduce -0.1% 2.72% −0.38
MDT Medtronic PLC Reduce -1.2% 2.43% −0.36
HAL Halliburton Co. Reduce -3.0% 2.41% −0.33
JPM JPMorgan Chase & Co. Reduce -46.0% 0.36% −0.32
DOW Dow Inc. Reduce -0.6% 1.90% −0.28
MCS Marcus Corporation Reduce -1.2% 1.02% −0.25
VZ Verizon Communications Inc. Reduce -1.1% 2.49% −0.23
WFC Wells Fargo & Co. Reduce -3.1% 3.15% −0.17
CTRA Coterra Energy Inc. Reduce -0.2% 1.43% −0.15
UNP Union Pacific Corp. Reduce -0.0% 0.64% −0.13
NOW ServiceNow Inc. Reduce -45.9% 0.10% −0.10
UNH Unitedhealth Group Inc. Reduce -12.5% 0.22% −0.10
MTG Mgic Investment Corp. Reduce -19.0% 0.33% −0.09
UPS United Parcel Service Class B Reduce -0.2% 0.29% −0.08
KSS Kohls Corp. Reduce -2.6% 0.22% −0.05
PM Philip Morris International Reduce -0.1% 0.20% −0.05
MCD McDonald's Corp. Reduce -5.6% 0.13% −0.04
GS Goldman Sachs Group Inc. Sold out 0.00% −0.04
AVGO Broadcom Inc. Reduce -33.6% 0.08% −0.04
FDX FedEx Corp. Sold out 0.00% −0.04
ITW Illinois Tool Works Reduce -10.5% 0.12% −0.04
SPG Simon Property Group Inc. Reduce -47.7% 0.03% −0.04
EXPE Expedia Group Inc. Sold out 0.00% −0.04
IBM Intl Business Machines Corp. Reduce -17.9% 0.13% −0.03
PPG PPG Industries Inc. Sold out 0.00% −0.03
JCI Johnson Controls Internation Reduce -7.3% 0.21% −0.03
SOFI Sofi Technologies Inc. Reduce -55.1% 0.01% −0.03
PEP Pepsico Inc. Reduce -2.0% 0.14% −0.03
ABBV Abbvie Inc. Reduce -2.1% 0.57% −0.03
ABT Abbott Laboratories Reduce -0.8% 0.14% −0.03
MA Mastercard Inc. Class A Reduce -8.0% 0.12% −0.02
DE Deere & Co. Reduce -6.0% 0.06% −0.02
LMT Lockheed Martin Corp. Reduce -5.9% 0.06% −0.02
SLCA US Silica Holdings Inc. Reduce -10.8% 0.06% −0.01
ANSS Ansys Inc. Reduce -3.7% 0.04% −0.01
ROK Rockwell Automation Inc. Reduce -0.4% 0.04% −0.01
MO Altria Group Inc. Reduce -0.6% 0.10% −0.01
SLB SLB Ltd. Reduce -1.9% 0.07% −0.01
AJG Arthur J Gallagher & Co. Reduce -17.8% 0.03% −0.01
KO The Coca-Cola Co. Reduce -2.0% 0.04% −0.01
BP BP PLC-Spons ADR Reduce -0.9% 0.06% −0.01
EXC Exelon Corp. Reduce -3.3% 0.04% −0.01
HON Honeywell International Inc. Reduce -0.9% 0.03% −0.01
VUZI Vuzix Corp. Reduce -30.7% 0.00% −0.01
FAST Fastenal Co. Reduce -2.2% 0.17% −0.01

Portfolio Buys Q4 2023 → Q1 2024
NVDA Nvidia Corp. Add +9.8% 19.11% +7.64
PTEN Patterson-Uti Energy Inc. New 1.23% +1.23
GTES Gates Industrial Corp. UK Ltd. Add +59.2% 2.45% +1.05
XOM Exxon Mobil Corp. Add +60.3% 2.82% +1.00
OGN Organon & Co. Add +24.3% 3.00% +0.77
KVUE Kenvue Inc. Add +72.8% 2.38% +0.72
NEM Newmont Corp. Add +51.9% 2.99% +0.26
BRK.B Berkshire Hathaway Inc. Class B Add +148.8% 0.38% +0.23
KMB Kimberly-Clark Corp. Add +340.2% 0.29% +0.21
C Citigroup Inc. Add +0.3% 4.07% +0.10
GM General Motors Co. Add +2.1% 1.27% +0.08
DHI D.R. Horton Inc. New 0.04% +0.04
COR Cencora Inc. New 0.04% +0.04
AMZN Amazon.com Inc. Add +15.9% 0.32% +0.04
APACHE CORP New 0.04% +0.04
AMD Advanced Micro Devices Add +10.9% 0.30% +0.03
GE General Electric Add +6.2% 0.19% +0.03
MAS Masco Corp. New 0.03% +0.03
NVO Novo-Nordisk A/S-Spons ADR New 0.03% +0.03
OI O-I Glass Inc. New 0.03% +0.03
MCK McKesson Corp. Add +67.8% 0.07% +0.03
OMC Omnicom Group New 0.03% +0.03
HSY The Hershey Co. New 0.03% +0.03
ETN Eaton Corp. PLC Add +11.4% 0.16% +0.03
TMUS T-Mobile US Inc. New 0.03% +0.03
WM Waste Management Inc. Add +44.7% 0.08% +0.02
MSI Motorola Solutions Inc. Add +67.3% 0.06% +0.02
COST Costco Wholesale Corp. Add +24.9% 0.15% +0.02
CVS CVS Health Corp. Add +53.8% 0.05% +0.01
IP International Paper Co. Add +14.3% 0.41% +0.01
SCHW Schwab (charles) Corp. Add +41.6% 0.04% +0.01
QCOM Qualcomm Inc. Add +16.4% 0.06% +0.01
F Ford Motor Co. Add +15.7% 0.10% +0.00
FIS Fidelity National Info Serv Add +1.2% 0.08% +0.00
MRK Merck & Co. Inc. Add +0.6% 0.22% +0.00
AXP American Express Co. Add +5.2% 0.04% +0.00
MS Morgan Stanley Add +21.9% 0.11% +0.00
ADI Analog Devices Inc. Add +25.3% 0.04% +0.00
LPX Louisiana-Pacific Corp. Add +1.5% 1.51% +0.00
WMT Walmart Inc. Add +6.5% 0.04% +0.00
Troy Minerals Inc. New 0.00% +0.00
HD Home Depot Inc. Add +8.9% 0.12% +0.00
ORCL Oracle Corp. Add +1.0% 0.06% +0.00
TXN Texas Instruments Inc. Add +17.4% 0.08% −0.00
LOW Lowe's Cos Inc. Add +3.3% 0.03% −0.00
MET Metlife Inc. Add +0.1% 0.05% −0.00
AMGN Amgen Inc. Add +4.4% 0.03% −0.01
GOOGL Alphabet Inc. Class A Add +8.2% 0.26% −0.01
PG The Procter & Gamble Co. Add +3.6% 0.21% −0.01
DUK Duke Energy Corp. Add +2.9% 0.06% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 283$1.2BNVDA, AAPL, ATI, C, BA
Q1 2026 256$1.1BNVDA, AAPL, ATI, BA, C
Q4 2025 247$1.2BNVDA, AAPL, ATI, BA, C
Q3 2025 180$1.0BNVDA, AAPL, BA, ATI, C
Q2 2025 179$940.6MNVDA, C, BA, ATI, AAPL
Q1 2025 178$854.8MNVDA, BA, C, ATI, APA
Q4 2024 175$862.3MNVDA, BA, C, BMY, ATI
Q3 2024 170$842.6MNVDA, ATI, BMY, C, BA
Q2 2024 161$809.5MNVDA, C, BA, NEM, OGN
Q1 2024 162$778.8MNVDA, C, ATI, BA, WFC