KLCM Advisors, Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), KLCM Advisors, Inc. reported 170 stock positions worth $842.6 million. Its top holding was Nvidia (NVDA) at 23.8% of the portfolio, followed by Ati (ATI, 3.4%) and Bristol-Myers Squibb (BMY, 3.4%). Compared with Q2 2024, it opened 16 new positions, sold out of 7, added to 74 and reduced 46. The biggest buy was a new position in Truist Financial (TFC) and the biggest sale Exxon Mobil (XOM, shares −80%).

Most Recent 13F
Q2 2026
Location
MILWAUKEE, WI
CIK
0001166620
Portfolio Value
$842.6M (Q3 2024)
SEC Filing
0001166620-24-000007 ↗ filed Nov 7, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $778.8M Q1 2024 Q2 2024: $809.5M Q2 2024 Q3 2024: $842.6M $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 170 stocks · $842.6M
NVDA Nvidia Corp. 23.76% 1,648,645 $200.2M Add +0.2%
ATI Ati Inc. 3.42% 430,227 $28.8M Reduce -0.7%
BMY Bristol-Myers Squibb Co. 3.41% 555,582 $28.7M Add +31.7%
C Citigroup Inc. 3.39% 456,286 $28.6M Reduce -2.7%
BA The Boeing Co. 3.14% 174,077 $26.5M Add +6.8%
NEM Newmont Corp. 3.07% 484,143 $25.9M Reduce -26.7%
MCS Marcus Corporation 2.97% 1,659,090 $25.0M Add +5.6%
OGN Organon & Co. 2.76% 1,215,997 $23.3M Add +1.6%
T AT&T Inc. 2.35% 901,565 $19.8M Reduce -20.4%
KVUE Kenvue Inc. 2.34% 851,136 $19.7M Reduce -0.4%
AAPL Apple Inc. 2.19% 79,211 $18.5M Add +12.4%
VZ Verizon Communications Inc. 2.10% 394,418 $17.7M Reduce -13.6%
CSCO Cisco Systems Inc. 1.88% 297,609 $15.8M Add +2.3%
WFC Wells Fargo & Co. 1.84% 274,848 $15.5M Add +4.4%
TFC Truist Financial Corp. 1.79% 353,576 $15.1M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.75% 372,326 $14.8M Reduce -35.5%
APA Apa Corp. 1.69% 580,775 $14.2M Add +115.8%
HAL Halliburton Co. 1.67% 485,394 $14.1M Add +4.1%
DOW Dow Inc. 1.67% 257,703 $14.1M Add +4.7%
CTRA Coterra Energy Inc. 1.64% 576,365 $13.8M Add +49.6%
GTES Gates Industrial Corp. UK Ltd. 1.55% 746,260 $13.1M Reduce -29.6%
MDT Medtronic PLC 1.50% 139,988 $12.6M Reduce -34.8%
BLDR Builders Firstsource Inc. 1.44% 62,710 $12.2M New
BBY Best Buy Co. Inc. 1.33% 108,119 $11.2M Reduce -0.2%
GT Goodyear Tire & Rubber Co. 1.17% 1,110,795 $9.8M Add +29.4%
HBI Hanesbrands Inc. 1.15% 1,322,799 $9.7M Reduce -5.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.15% 100,988 $9.7M Add +5.5%
GM General Motors Co. 1.08% 203,692 $9.1M Reduce -3.5%
MAN Manpowergroup Inc. 1.02% 116,806 $8.6M Add +7.1%
MSFT Microsoft Corp. 1.00% 19,662 $8.5M Add +18.6%
PTEN Patterson-Uti Energy Inc. 0.92% 1,010,550 $7.7M Add +16.5%
LLY Eli Lilly & Co. 0.72% 6,847 $6.1M Reduce -5.2%
USB US Bancorp 0.71% 131,456 $6.0M Reduce -0.6%
UNP Union Pacific Corp. 0.60% 20,369 $5.0M Reduce -0.0%
XOM Exxon Mobil Corp. 0.53% 37,758 $4.4M Reduce -79.8%
CVX Chevron Corp. 0.47% 26,955 $4.0M Add +7.3%
AMZN Amazon.com Inc. 0.45% 20,535 $3.8M Add +36.6%
PFE Pfizer Inc. 0.45% 131,710 $3.8M Add +2.4%
FISV Fiserv Inc. 0.43% 20,243 $3.6M Add +5.3%
GOOGL Alphabet Inc. Class A 0.41% 20,880 $3.5M Add +53.8%
WEC WEC Energy Group Inc. 0.41% 35,595 $3.4M Reduce -4.3%
BRK.B Berkshire Hathaway Inc. Class B 0.40% 7,322 $3.4M Add +2.5%
TGT Target Corp. 0.39% 20,816 $3.2M Add +827.2%
KMI Kinder Morgan Inc. 0.37% 140,847 $3.1M Reduce -29.9%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.37% 54,523 $3.1M No change
GOOG Alphabet Inc. Class C 0.35% 17,633 $2.9M Reduce -12.9%
JPM JPMorgan Chase & Co. 0.35% 13,869 $2.9M Reduce -0.4%
UPS United Parcel Service Class B 0.35% 21,330 $2.9M Add +40.7%
KHC The Kraft Heinz Co. 0.31% 74,861 $2.6M Add +10.3%
AMD Advanced Micro Devices 0.28% 14,279 $2.3M Add +16.3%
KEY Keycorp 0.27% 136,491 $2.3M New
META Meta Platforms Inc. Class A 0.27% 3,932 $2.3M Add +61.7%
ABBV Abbvie Inc. 0.25% 10,720 $2.1M Reduce -52.6%
MTG Mgic Investment Corp. 0.24% 77,447 $2.0M Reduce -22.9%
NFLX Netflix Inc. 0.23% 2,760 $2.0M Add +82.8%
NUE Nucor Corp. 0.23% 12,881 $1.9M New
JCI Johnson Controls Internation 0.22% 24,247 $1.9M Add +2.0%
PG The Procter & Gamble Co. 0.22% 10,799 $1.9M Add +5.0%
UNH Unitedhealth Group Inc. 0.22% 3,193 $1.9M Reduce -8.4%
NOW ServiceNow Inc. 0.21% 2,000 $1.8M Add +100.0%
TSLA Tesla Inc. 0.20% 6,541 $1.7M Add +2.7%
PM Philip Morris International 0.20% 13,924 $1.7M Reduce -17.1%
MRK Merck & Co. Inc. 0.18% 13,351 $1.5M Add +2.2%
AVGO Broadcom Inc. 0.18% 8,740 $1.5M Add +79.5%
COST Costco Wholesale Corp. 0.17% 1,587 $1.4M Reduce -10.0%
GE General Electric filed as GE AEROSPACE 0.16% 7,269 $1.4M Reduce -12.5%
ADBE Adobe Inc. 0.16% 2,575 $1.3M Add +30.4%
ETN Eaton Corp. PLC 0.16% 3,961 $1.3M Add +1.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.15% 5,760 $1.3M Add +10.2%
CAT Caterpillar Inc. 0.15% 3,144 $1.2M Add +6.8%
FAST Fastenal Co. 0.14% 16,840 $1.2M No change
MGEE Mge Energy Inc. 0.14% 12,975 $1.2M No change
ABT Abbott Laboratories 0.14% 10,258 $1.2M Add +2.4%
KSS Kohls Corp. 0.14% 54,596 $1.2M Reduce -3.0%
JNJ Johnson & Johnson 0.14% 7,046 $1.1M Reduce -2.9%
HD Home Depot Inc. 0.13% 2,791 $1.1M Add +1.3%
PEP Pepsico Inc. 0.12% 6,075 $1.0M Add +1.4%
V Visa Inc. Class A 0.12% 3,737 $1.0M Add +2.4%
ASB Associated Banc-Corp. 0.12% 45,792 $986K Add +0.5%
ITW Illinois Tool Works 0.11% 3,669 $962K Add +0.4%
MA Mastercard Inc. Class A 0.11% 1,876 $926K No change
MCD McDonald's Corp. 0.11% 3,019 $919K Add +0.6%
MS Morgan Stanley 0.11% 8,818 $919K Add +0.9%
MO Altria Group Inc. 0.11% 17,357 $886K Add +0.9%
XEL Xcel Energy Inc. 0.10% 13,200 $862K Add +2.0%
DUK Duke Energy Corp. 0.10% 7,330 $845K Add +20.9%
AEM Agnico Eagle Mines Ltd. 0.10% 10,018 $807K No change
TXN Texas Instruments Inc. 0.09% 3,851 $796K Add +1.4%
NSC Norfolk Southern Corp. 0.09% 3,125 $777K Add +1.6%
CRWD CrowdStrike Holdings Inc. Class A 0.09% 2,705 $759K Add +144.8%
FIS Fidelity National Info Serv 0.09% 8,995 $753K Reduce -1.2%
COSO Coastal South Bancshares Inc. 0.09% 37,046 $736K No change
WMT Walmart Inc. 0.08% 8,746 $706K Add +28.3%
ORCL Oracle Corp. 0.08% 3,841 $654K Add +4.7%
INTC Intel Corp. 0.07% 26,485 $621K Reduce -21.5%
AMAT Applied Materials Inc. 0.07% 3,065 $619K Reduce -3.0%
LMT Lockheed Martin Corp. 0.07% 1,053 $616K Add +1.3%
MDLZ Mondelez International Inc. Class A 0.07% 8,241 $607K Add +0.0%
LNT Alliant Energy Corp. 0.07% 9,698 $589K Add +3.5%
EMR Emerson Electric Co. 0.07% 5,113 $559K Add +4.1%
MSI Motorola Solutions Inc. 0.07% 1,241 $558K Add +1.5%
WM Waste Management Inc. 0.06% 2,628 $546K Reduce -1.9%
HPE Hewlett Packard Enterprise 0.06% 26,146 $535K Reduce -0.5%
MCK McKesson Corp. 0.06% 1,045 $517K No change
CL Colgate-Palmolive Co. 0.06% 4,884 $507K Reduce -0.1%
DE Deere & Co. 0.06% 1,211 $505K No change
CEG Constellation Energy 0.06% 1,935 $503K Reduce -1.7%
GEV GE Vernova Inc. 0.06% 1,935 $493K Reduce -6.3%
F Ford Motor Co. filed as FORD MTR CO 0.06% 46,133 $487K Reduce -8.2%
KO The Coca-Cola Co. 0.05% 6,387 $459K Add +10.4%
RTX RTX Corp. 0.05% 3,674 $445K Add +0.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.05% 10,318 $433K Add +0.7%
QCOM Qualcomm Inc. 0.05% 2,534 $431K Add +2.0%
ACN Accenture PLC Class A 0.05% 1,187 $420K Reduce -0.2%
KMB Kimberly-Clark Corp. 0.05% 2,859 $407K Reduce -83.9%
HTLF Heartland Financial USA Inc. 0.05% 7,165 $406K Reduce -48.5%
DHI D.R. Horton Inc. 0.05% 2,079 $397K No change
ADI Analog Devices Inc. 0.05% 1,723 $397K Add +3.0%
HP Helmerich & Payne 0.05% 13,000 $395K No change
AXP American Express Co. 0.05% 1,428 $387K No change
COP Conocophillips 0.05% 3,630 $382K Add +5.8%
BP BP PLC-Spons ADR 0.04% 11,959 $375K Add +5.1%
K Kellanova 0.04% 4,646 $375K Reduce -89.2%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.04% 4,151 $374K Add +5.3%
MET Metlife Inc. 0.04% 4,480 $370K Add +1.3%
BCE Bce Inc. 0.04% 9,438 $328K Add +0.2%
AEHR Aehr Test Systems 0.04% 25,000 $321K New
COR Cencora Inc. 0.04% 1,350 $304K No change
AMGN Amgen Inc. 0.04% 943 $304K Add +8.5%
EXC Exelon Corp. 0.04% 7,453 $302K No change
ANSS Ansys Inc. 0.03% 908 $289K No change
SCHW Schwab (charles) Corp. 0.03% 4,458 $289K No change
ELV Elevance Health Inc. 0.03% 551 $287K No change
PSX Phillips 66 0.03% 2,072 $272K No change
EXAS Exact Sciences Corp. 0.03% 3,987 $272K New
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.03% 965 $272K No change
CMCSA Comcast Corp. Class A 0.03% 6,497 $271K New
LOW Lowe's Cos Inc. 0.03% 981 $266K Add +0.1%
KLAC KLA Corp. 0.03% 336 $260K Reduce -10.4%
ROK Rockwell Automation Inc. 0.03% 966 $259K Reduce -13.8%
TMUS T-Mobile US Inc. 0.03% 1,250 $258K No change
HON Honeywell International Inc. 0.03% 1,232 $255K Add +3.4%
OXY Occidental Petroleum Corp. 0.03% 4,889 $252K No change
MAS Masco Corp. 0.03% 2,880 $242K New
SO The Southern Co. 0.03% 2,633 $237K New
RPM RPM International Inc. 0.03% 1,933 $234K No change
PPG PPG Industries Inc. 0.03% 1,717 $227K New
Marathon Bancorp Inc. 0.03% 25,000 $221K No change
ARCC Ares Capital Corp. 0.03% 10,370 $217K No change
NVO Novo-Nordisk A/S-Spons ADR 0.03% 1,821 $217K Add +5.8%
OMC Omnicom Group 0.03% 2,095 $217K New
KKR KKR & Co. Inc. 0.03% 1,629 $213K New
MMM 3M Co. 0.02% 1,520 $208K New
TOL Toll Brothers Inc. 0.02% 1,326 $205K New
HSY The Hershey Co. 0.02% 1,067 $205K New
JBL Jabil Inc. 0.02% 1,705 $204K New
CVS CVS Health Corp. 0.02% 3,215 $202K Reduce -11.1%
OI O-I Glass Inc. 0.02% 13,200 $173K Reduce -18.5%
OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC 0.02% 14,000 $157K No change
WBA Walgreens Boots Alliance Inc. 0.01% 13,399 $120K Reduce -98.1%
SOFI Sofi Technologies Inc. 0.01% 11,000 $86K No change
VUZI Vuzix Corp. 0.00% 21,000 $25K No change
RNGE Range Impact Inc. filed as Malachite Innovations Com 0.00% 74,000 $24K No change
OPK Opko Health Inc. 0.00% 10,000 $15K No change
Spooz Inc. 0.00% 1,535,000 $7K No change
NWBO Northwest Biotherapeutics filed as NW Biotherapeutics 0.00% 10,000 $3K No change
Troy Minerals Inc. 0.00% 10,000 $1K No change
DTZZF Dotz Nano Ltd. 0.00% 10,000 $622 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 Q2 2024 → Q3 2024
XOM Exxon Mobil Corp. Reduce -79.8% 0.53% −2.13
BAC Bank of America Corp. Reduce -35.5% 1.75% −1.08
WBA Walgreens Boots Alliance Inc. Reduce -98.1% 0.01% −1.06
MDT Medtronic PLC Reduce -34.8% 1.50% −0.59
GTES Gates Industrial Corp. UK Ltd. Reduce -29.6% 1.55% −0.52
NEM Newmont Corp. Reduce -26.7% 3.07% −0.34
T AT&T Inc. Reduce -20.4% 2.35% −0.32
GILD Gilead Sciences Inc. Sold out 0.00% −0.31
C Citigroup Inc. Reduce -2.7% 3.39% −0.29
K Kellanova Reduce -89.2% 0.04% −0.26
KMB Kimberly-Clark Corp. Reduce -83.9% 0.05% −0.25
ABBV Abbvie Inc. Reduce -52.6% 0.25% −0.23
VZ Verizon Communications Inc. Reduce -13.6% 2.10% −0.22
GM General Motors Co. Reduce -3.5% 1.08% −0.13
KMI Kinder Morgan Inc. Reduce -29.9% 0.37% −0.12
GOOG Alphabet Inc. Class C Reduce -12.9% 0.35% −0.11
LLY Eli Lilly & Co. Reduce -5.2% 0.72% −0.09
INTC Intel Corp. Reduce -21.5% 0.07% −0.06
MTG Mgic Investment Corp. Reduce -22.9% 0.24% −0.03
NIC Nicolet Bankshares Inc. Sold out 0.00% −0.03
SPG Simon Property Group Inc. Sold out 0.00% −0.03
HTLF Heartland Financial USA Inc. Reduce -48.5% 0.05% −0.03
KSS Kohls Corp. Reduce -3.0% 0.14% −0.02
F Ford Motor Co. Reduce -8.2% 0.06% −0.02
AMAT Applied Materials Inc. Reduce -3.0% 0.07% −0.02
COST Costco Wholesale Corp. Reduce -10.0% 0.17% −0.02
PM Philip Morris International Reduce -17.1% 0.20% −0.01
KLAC KLA Corp. Reduce -10.4% 0.03% −0.01
ROK Rockwell Automation Inc. Reduce -13.8% 0.03% −0.01
WM Waste Management Inc. Reduce -1.9% 0.06% −0.01
NOK Nokia Corp.-Spon ADR Sold out 0.00% −0.01
HPE Hewlett Packard Enterprise Reduce -0.5% 0.06% −0.01
NNDM Nano Dimension Ltd. - ADR Sold out 0.00% −0.00
CVS CVS Health Corp. Reduce -11.1% 0.02% −0.00
TELL Tellurian Inc. Sold out 0.00% −0.00
OI O-I Glass Inc. Reduce -18.5% 0.02% −0.00
JPM JPMorgan Chase & Co. Reduce -0.4% 0.35% −0.00
GE General Electric Reduce -12.5% 0.16% −0.00
SRNE Sorrento Therapeutics Inc. Sold out 0.00% 0.00
CL Colgate-Palmolive Co. Reduce -0.1% 0.06% +0.00
UNH Unitedhealth Group Inc. Reduce -8.4% 0.22% +0.00
JNJ Johnson & Johnson Reduce -2.9% 0.14% +0.00
FIS Fidelity National Info Serv Reduce -1.2% 0.09% +0.00
ACN Accenture PLC Class A Reduce -0.2% 0.05% +0.01
CEG Constellation Energy Reduce -1.7% 0.06% +0.01
GEV GE Vernova Inc. Reduce -6.3% 0.06% +0.01
UNP Union Pacific Corp. Reduce -0.0% 0.60% +0.03
WEC WEC Energy Group Inc. Reduce -4.3% 0.41% +0.05
USB US Bancorp Reduce -0.6% 0.71% +0.07
BBY Best Buy Co. Inc. Reduce -0.2% 1.33% +0.20

Portfolio Buys Q2 2024 → Q3 2024
TFC Truist Financial Corp. New 1.79% +1.79
BLDR Builders Firstsource Inc. New 1.44% +1.44
BMY Bristol-Myers Squibb Co. Add +31.7% 3.41% +1.25
MCS Marcus Corporation Add +5.6% 2.97% +0.76
APA Apa Corp. Add +115.8% 1.69% +0.71
CTRA Coterra Energy Inc. Add +49.6% 1.64% +0.37
AAPL Apple Inc. Add +12.4% 2.19% +0.36
TGT Target Corp. Add +827.2% 0.39% +0.34
KEY Keycorp New 0.27% +0.27
NUE Nucor Corp. New 0.23% +0.23
CSCO Cisco Systems Inc. Add +2.3% 1.88% +0.17
META Meta Platforms Inc. Class A Add +61.7% 0.27% +0.12
NOW ServiceNow Inc. Add +100.0% 0.21% +0.12
NFLX Netflix Inc. Add +82.8% 0.23% +0.11
GOOGL Alphabet Inc. Class A Add +53.8% 0.41% +0.11
AMZN Amazon.com Inc. Add +36.6% 0.45% +0.10
UPS United Parcel Service Class B Add +40.7% 0.35% +0.09
MSFT Microsoft Corp. Add +18.6% 1.00% +0.09
AVGO Broadcom Inc. Add +79.5% 0.18% +0.08
MAN Manpowergroup Inc. Add +7.1% 1.02% +0.08
FISV Fiserv Inc. Add +5.3% 0.43% +0.08
DOW Dow Inc. Add +4.7% 1.67% +0.06
TSLA Tesla Inc. Add +2.7% 0.20% +0.05
KHC The Kraft Heinz Co. Add +10.3% 0.31% +0.04
BRK.B Berkshire Hathaway Inc. Class B Add +2.5% 0.40% +0.04
IBM Intl Business Machines Corp. Add +10.2% 0.15% +0.04
AEHR Aehr Test Systems New 0.04% +0.04
CRWD CrowdStrike Holdings Inc. Class A Add +144.8% 0.09% +0.04
CMCSA Comcast Corp. Class A New 0.03% +0.03
EXAS Exact Sciences Corp. New 0.03% +0.03
AMD Advanced Micro Devices Add +16.3% 0.28% +0.03
MAS Masco Corp. New 0.03% +0.03
SO The Southern Co. New 0.03% +0.03
JCI Johnson Controls Internation Add +2.0% 0.22% +0.03
PPG PPG Industries Inc. New 0.03% +0.03
WMT Walmart Inc. Add +28.3% 0.08% +0.03
OMC Omnicom Group New 0.03% +0.03
DUK Duke Energy Corp. Add +20.9% 0.10% +0.03
KKR KKR & Co. Inc. New 0.03% +0.03
CAT Caterpillar Inc. Add +6.8% 0.15% +0.02
MMM 3M Co. New 0.02% +0.02
HSY The Hershey Co. New 0.02% +0.02
TOL Toll Brothers Inc. New 0.02% +0.02
JBL Jabil Inc. New 0.02% +0.02
ADBE Adobe Inc. Add +30.4% 0.16% +0.02
HD Home Depot Inc. Add +1.3% 0.13% +0.02
XEL Xcel Energy Inc. Add +2.0% 0.10% +0.02
MCD McDonald's Corp. Add +0.6% 0.11% +0.01
ORCL Oracle Corp. Add +4.7% 0.08% +0.01
LMT Lockheed Martin Corp. Add +1.3% 0.07% +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