KLCM Advisors, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), KLCM Advisors, Inc. reported 178 stock positions worth $854.8 million. Its top holding was Nvidia (NVDA) at 21.5% of the portfolio, followed by Boeing (BA, 3.6%) and Citigroup (C, 3.3%). Compared with Q4 2024, it opened 13 new positions, sold out of 10, added to 65 and reduced 41. The biggest buy was Conagra Brands (CAG, shares +826%) and the biggest sale AT&T (T, shares −93%).

Most Recent 13F
Q2 2026
Location
MILWAUKEE, WI
CIK
0001166620
Portfolio Value
$854.8M (Q1 2025)
SEC Filing
0001166620-25-000004 ↗ filed May 13, 2025

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 Q3 2024 Q4 2024: $862.3M Q4 2024 Q1 2025: $854.8M $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 178 stocks · $854.8M
NVDA Nvidia Corp. 21.48% 1,694,065 $183.6M Add +3.0%
BA The Boeing Co. 3.61% 181,162 $30.9M Add +2.7%
C Citigroup Inc. 3.26% 392,176 $27.8M Reduce -10.2%
ATI Ati Inc. 2.86% 470,068 $24.5M Add +13.4%
APA Apa Corp. 2.59% 1,054,145 $22.2M Add +51.5%
CAG Conagra Brands Inc. 2.51% 805,971 $21.5M Add +826.1%
BMY Bristol-Myers Squibb Co. 2.47% 346,287 $21.1M Reduce -35.0%
NEM Newmont Corp. 2.45% 433,520 $20.9M Reduce -9.8%
OGN Organon & Co. 2.22% 1,273,599 $19.0M Add +3.7%
MCS Marcus Corporation 2.08% 1,063,254 $17.7M Add +4.4%
MAN Manpowergroup Inc. 2.08% 306,429 $17.7M Add +3.3%
VZ Verizon Communications Inc. 2.04% 384,419 $17.4M Reduce -0.2%
WFC Wells Fargo & Co. 2.03% 241,536 $17.3M Reduce -1.7%
GT Goodyear Tire & Rubber Co. 1.96% 1,808,910 $16.7M Add +2.2%
AAPL Apple Inc. 1.95% 74,912 $16.6M Reduce -3.8%
META Meta Platforms Inc. Class A 1.91% 28,345 $16.3M Add +992.3%
UPS United Parcel Service Class B 1.91% 148,428 $16.3M Add +565.7%
DOW Dow Inc. 1.78% 436,507 $15.2M Add +66.9%
CSCO Cisco Systems Inc. 1.72% 238,336 $14.7M Reduce -17.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.69% 346,710 $14.5M Add +0.4%
TFC Truist Financial Corp. 1.69% 350,818 $14.4M Add +0.7%
KVUE Kenvue Inc. 1.59% 565,905 $13.6M Reduce -31.8%
GTES Gates Industrial Corp. UK Ltd. 1.55% 717,660 $13.2M Reduce -0.1%
BLDR Builders Firstsource Inc. 1.46% 99,763 $12.5M Add +62.4%
NKE Nike Inc. Class B 1.24% 166,684 $10.6M New
TGT Target Corp. 1.21% 99,386 $10.4M Add +376.2%
PTEN Patterson-Uti Energy Inc. 1.21% 1,261,163 $10.4M Add +29.6%
HAL Halliburton Co. 1.13% 379,406 $9.6M Reduce -16.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.11% 96,401 $9.5M Reduce -0.1%
GM General Motors Co. 1.05% 190,869 $9.0M Add +0.4%
ZBH Zimmer Biomet Holdings Inc. 0.99% 74,901 $8.5M Add +1.1%
BBY Best Buy Co. Inc. 0.94% 109,164 $8.0M Add +2.0%
TPL Texas Pacific Land Corp. 0.78% 5,014 $6.6M New
HBI Hanesbrands Inc. 0.75% 1,107,400 $6.4M Add +11.5%
MSFT Microsoft Corp. 0.73% 16,605 $6.2M Add +1.5%
AVGO Broadcom Inc. 0.72% 36,710 $6.1M Add +681.1%
LLY Eli Lilly & Co. 0.66% 6,847 $5.7M No change
USB US Bancorp 0.64% 130,044 $5.5M Reduce -0.8%
UNP Union Pacific Corp. 0.57% 20,519 $4.8M No change
PFE Pfizer Inc. 0.55% 184,603 $4.7M Reduce -2.7%
XOM Exxon Mobil Corp. 0.55% 39,252 $4.7M Add +5.7%
CVX Chevron Corp. 0.54% 27,773 $4.6M Add +2.2%
FISV Fiserv Inc. 0.52% 20,123 $4.4M No change
WEC WEC Energy Group Inc. 0.48% 37,986 $4.1M Add +0.3%
JPM JPMorgan Chase & Co. 0.45% 15,834 $3.9M Add +8.3%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.45% 54,523 $3.9M No change
BRK.B Berkshire Hathaway Inc. Class B 0.45% 7,165 $3.8M Reduce -0.1%
PEP Pepsico Inc. 0.40% 22,528 $3.4M Add +5.1%
AMZN Amazon.com Inc. 0.38% 17,030 $3.2M Add +2.4%
MTG Mgic Investment Corp. 0.33% 112,880 $2.8M Add +45.8%
GOOG Alphabet Inc. Class C 0.32% 17,311 $2.7M Reduce -0.3%
ETN Eaton Corp. PLC 0.31% 9,871 $2.7M Add +41.6%
KEY Keycorp 0.28% 150,014 $2.4M Reduce -1.1%
GOOGL Alphabet Inc. Class A 0.26% 14,449 $2.2M Reduce -2.6%
ABBV Abbvie Inc. 0.24% 9,986 $2.1M Reduce -5.2%
JCI Johnson Controls Internation 0.24% 25,559 $2.0M Add +4.6%
PM Philip Morris International 0.24% 12,880 $2.0M Add +9.4%
CRNT Ceragon Networks Ltd. 0.22% 795,973 $1.9M New
PG The Procter & Gamble Co. 0.21% 10,595 $1.8M No change
TSLA Tesla Inc. 0.21% 6,915 $1.8M Add +0.6%
T AT&T Inc. 0.20% 61,725 $1.7M Reduce -92.9%
UNH Unitedhealth Group Inc. 0.19% 3,177 $1.7M Reduce -2.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.19% 6,503 $1.6M Reduce -1.8%
GE General Electric filed as GE AEROSPACE 0.19% 7,994 $1.6M Reduce -1.6%
NUE Nucor Corp. 0.18% 12,881 $1.6M No change
COST Costco Wholesale Corp. 0.17% 1,565 $1.5M Add +0.1%
MCD McDonald's Corp. 0.17% 4,653 $1.5M Add +26.3%
NFLX Netflix Inc. 0.16% 1,444 $1.3M Reduce -1.1%
ABT Abbott Laboratories 0.16% 10,149 $1.3M Reduce -2.2%
FAST Fastenal Co. 0.16% 17,140 $1.3M No change
CRWD CrowdStrike Holdings Inc. Class A 0.15% 3,720 $1.3M No change
MO Altria Group Inc. 0.15% 21,778 $1.3M Add +14.0%
V Visa Inc. Class A 0.15% 3,723 $1.3M Reduce -4.1%
AMD Advanced Micro Devices 0.15% 12,274 $1.3M No change
MRK Merck & Co. Inc. 0.15% 13,836 $1.2M Add +0.8%
JNJ Johnson & Johnson 0.14% 7,075 $1.2M Reduce -1.5%
MGEE Mge Energy Inc. 0.13% 12,225 $1.1M No change
MS Morgan Stanley 0.13% 9,557 $1.1M Reduce -1.8%
WMT Walmart Inc. 0.13% 12,382 $1.1M Add +15.8%
AEM Agnico Eagle Mines Ltd. 0.13% 10,018 $1.1M No change
DUK Duke Energy Corp. 0.12% 8,554 $1.0M Add +7.4%
LNT Alliant Energy Corp. 0.12% 16,146 $1.0M Add +0.1%
HD Home Depot Inc. 0.12% 2,830 $1.0M Add +0.0%
MA Mastercard Inc. Class A 0.11% 1,776 $973K No change
XEL Xcel Energy Inc. 0.11% 13,200 $934K No change
ITW Illinois Tool Works 0.11% 3,741 $928K No change
CAT Caterpillar Inc. 0.11% 2,777 $916K No change
ASB Associated Banc-Corp. 0.11% 40,360 $909K No change
KO The Coca-Cola Co. 0.10% 11,624 $833K Add +27.9%
KMI Kinder Morgan Inc. 0.10% 29,072 $829K Reduce -76.3%
TXN Texas Instruments Inc. 0.10% 4,521 $812K Add +21.5%
NOW ServiceNow Inc. 0.09% 1,000 $796K No change
COSO Coastal South Bancshares Inc. 0.09% 37,046 $787K No change
NSC Norfolk Southern Corp. 0.09% 3,125 $740K No change
CEG Constellation Energy 0.08% 3,576 $721K Add +28.8%
MCK McKesson Corp. 0.08% 1,045 $704K No change
FIS Fidelity National Info Serv 0.08% 9,175 $685K Add +7.6%
GEV GE Vernova Inc. 0.08% 2,168 $662K Add +1.5%
WM Waste Management Inc. 0.08% 2,823 $654K No change
DE Deere & Co. 0.07% 1,286 $604K No change
MDLZ Mondelez International Inc. Class A 0.07% 8,841 $600K Add +7.3%
EXC Exelon Corp. 0.07% 12,276 $566K Add +24.3%
EMR Emerson Electric Co. 0.07% 5,118 $561K Add +0.1%
MSI Motorola Solutions Inc. 0.06% 1,241 $543K No change
ORCL Oracle Corp. 0.06% 3,887 $543K Add +2.2%
F Ford Motor Co. filed as FORD MTR CO 0.06% 53,302 $535K Add +13.6%
NBIS Nebius Group NV 0.06% 25,000 $528K New
COR Cencora Inc. filed as CORESITE REALTY CORP 0.06% 1,875 $521K No change
UMBF Umb Financial Corp. 0.06% 4,878 $493K New
RTX RTX Corp. 0.06% 3,605 $477K Reduce -3.9%
LMT Lockheed Martin Corp. 0.06% 1,066 $476K No change
COP Conocophillips 0.06% 4,503 $473K Add +2.6%
KMB Kimberly-Clark Corp. 0.06% 3,325 $473K Add +20.5%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.06% 4,935 $471K Add +8.8%
CL Colgate-Palmolive Co. 0.05% 4,784 $448K Reduce -2.0%
AMAT Applied Materials Inc. 0.05% 3,071 $446K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.05% 10,247 $428K No change
BP BP PLC-Spons ADR 0.05% 12,658 $428K Add +2.0%
HPE Hewlett Packard Enterprise 0.05% 27,242 $420K Add +3.8%
QCOM Qualcomm Inc. 0.05% 2,666 $409K Reduce -2.5%
INTC Intel Corp. 0.05% 17,353 $394K Reduce -0.0%
ADI Analog Devices Inc. 0.05% 1,923 $388K Add +11.6%
L Loews Corp. 0.04% 4,170 $383K New
K Kellanova 0.04% 4,621 $381K Reduce -0.5%
MET Metlife Inc. 0.04% 4,640 $373K No change
ACN Accenture PLC Class A 0.04% 1,179 $368K Reduce -7.4%
AXP American Express Co. 0.04% 1,358 $365K No change
AMGN Amgen Inc. 0.04% 1,160 $361K No change
TMUS T-Mobile US Inc. 0.04% 1,268 $338K Add +1.4%
PLTR Palantir Technologies Inc. Class A 0.04% 4,000 $338K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.04% 965 $333K No change
Marathon Bancorp Inc. 0.04% 25,000 $333K No change
SCHW Schwab (charles) Corp. 0.04% 4,246 $332K Reduce -0.3%
SBUX Starbucks Corp. 0.04% 3,218 $316K No change
HON Honeywell International Inc. 0.04% 1,487 $315K Add +10.4%
CMCSA Comcast Corp. Class A 0.04% 8,469 $313K Reduce -1.4%
BMI Badger Meter Inc. 0.04% 1,600 $304K New
UBER Uber Technologies Inc. 0.03% 4,020 $293K New
ANSS Ansys Inc. 0.03% 908 $287K No change
OXY Occidental Petroleum Corp. 0.03% 5,814 $287K Reduce -1.3%
CTRA Coterra Energy Inc. 0.03% 9,455 $273K Reduce -98.3%
MMM 3M Co. 0.03% 1,832 $269K Reduce -0.3%
DHI D.R. Horton Inc. 0.03% 2,079 $264K No change
LYB Lyondellbasell Indu Class A 0.03% 3,663 $258K Add +19.9%
KHC The Kraft Heinz Co. 0.03% 8,244 $251K Reduce -0.8%
PSX Phillips 66 0.03% 2,025 $250K No change
ROK Rockwell Automation Inc. 0.03% 966 $250K No change
SO The Southern Co. 0.03% 2,708 $249K Reduce -0.9%
ELV Elevance Health Inc. 0.03% 551 $240K No change
JBL Jabil Inc. 0.03% 1,705 $232K No change
ARCC Ares Capital Corp. 0.03% 10,370 $230K No change
LOW Lowe's Cos Inc. 0.03% 982 $229K Add +0.1%
KLAC KLA Corp. 0.03% 332 $226K No change
RPM RPM International Inc. 0.03% 1,933 $224K No change
PYPL PayPal Holdings Inc. 0.03% 3,380 $221K New
CVS CVS Health Corp. 0.03% 3,215 $218K New
CINF Cincinnati Financial Corp. 0.03% 1,472 $217K Add +0.3%
OKLO Oklo Inc. 0.03% 10,000 $216K No change
BCE Bce Inc. 0.02% 9,288 $213K No change
OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC 0.02% 24,000 $210K Add +71.4%
TMO Thermo Fisher Scientific Inc. 0.02% 420 $209K No change
GILD Gilead Sciences Inc. 0.02% 1,808 $203K New
MAS Masco Corp. 0.02% 2,880 $200K No change
AEHR Aehr Test Systems 0.02% 25,000 $182K No change
OI O-I Glass Inc. 0.02% 13,200 $151K No change
SOFI Sofi Technologies Inc. 0.01% 11,000 $128K No change
TTI Tetra Technologies Inc. 0.00% 10,000 $34K No change
OPK Opko Health Inc. 0.00% 10,000 $17K No change
POWW Outdoor Holding Co. filed as AMMO INC 0.00% 10,000 $14K No change
OPITQ Office Properties Income Tru 0.00% 27,900 $13K New
RNGE Range Impact Inc. 0.00% 74,000 $12K No change
P3 HEALTH PARTNERS INC 0.00% 20,000 $3K No change
NWBO Northwest Biotherapeutics 0.00% 10,000 $2K No change
Troy Minerals Inc. 0.00% 20,000 $2K Add +100.0%
DTZZF Dotz Nano Ltd. 0.00% 10,000 $456 No change
BEEI Bald Eagle Energy Inc. 0.00% 14,000 $0 No change
ISCNF Isracann Biosciences Inc. 0.00% 12,000 $0 New
OPMG Options Media Group Holdings 0.00% 20,000 $0 No change

Portfolio Sells Q4 2024 → Q1 2025
T AT&T Inc. Reduce -92.9% 0.20% −2.09
CTRA Coterra Energy Inc. Reduce -98.3% 0.03% −1.57
MDT Medtronic PLC Sold out 0.00% −1.24
BMY Bristol-Myers Squibb Co. Reduce -35.0% 2.47% −1.02
KVUE Kenvue Inc. Reduce -31.8% 1.59% −0.47
AAPL Apple Inc. Reduce -3.8% 1.95% −0.31
C Citigroup Inc. Reduce -10.2% 3.26% −0.31
HAL Halliburton Co. Reduce -16.4% 1.13% −0.30
KMI Kinder Morgan Inc. Reduce -76.3% 0.10% −0.29
CSCO Cisco Systems Inc. Reduce -17.3% 1.72% −0.26
GTES Gates Industrial Corp. UK Ltd. Reduce -0.1% 1.55% −0.17
DIS The Walt Disney Co. Reduce -0.1% 1.11% −0.13
USB US Bancorp Reduce -0.8% 0.64% −0.09
ADBE Adobe Inc. Sold out 0.00% −0.07
GOOG Alphabet Inc. Class C Reduce -0.3% 0.32% −0.07
GOOGL Alphabet Inc. Class A Reduce -2.6% 0.26% −0.06
HTLF Heartland Financial USA Inc. Sold out 0.00% −0.05
PFE Pfizer Inc. Reduce -2.7% 0.55% −0.04
KKR KKR & Co. Inc. Sold out 0.00% −0.03
EXAS Exact Sciences Corp. Sold out 0.00% −0.03
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −0.03
KEY Keycorp Reduce -1.1% 0.28% −0.02
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −0.01
MS Morgan Stanley Reduce -1.8% 0.13% −0.01
VUZI Vuzix Corp. Sold out 0.00% −0.01
ACN Accenture PLC Class A Reduce -7.4% 0.04% −0.01
Verses AI Inc. Sold out 0.00% −0.00
CMCSA Comcast Corp. Class A Reduce -1.4% 0.04% −0.00
QCOM Qualcomm Inc. Reduce -2.5% 0.05% −0.00
Spooz Inc. Sold out 0.00% −0.00
KHC The Kraft Heinz Co. Reduce -0.8% 0.03% −0.00
OXY Occidental Petroleum Corp. Reduce -1.3% 0.03% −0.00
CL Colgate-Palmolive Co. Reduce -2.0% 0.05% +0.00
K Kellanova Reduce -0.5% 0.04% +0.00
SCHW Schwab (charles) Corp. Reduce -0.3% 0.04% +0.00
SO The Southern Co. Reduce -0.9% 0.03% +0.00
MMM 3M Co. Reduce -0.3% 0.03% +0.00
UNH Unitedhealth Group Inc. Reduce -2.0% 0.19% +0.00
RTX RTX Corp. Reduce -3.9% 0.06% +0.01
INTC Intel Corp. Reduce -0.0% 0.05% +0.01
NFLX Netflix Inc. Reduce -1.1% 0.16% +0.01
V Visa Inc. Class A Reduce -4.1% 0.15% +0.01
JNJ Johnson & Johnson Reduce -1.5% 0.14% +0.02
IBM Intl Business Machines Corp. Reduce -1.8% 0.19% +0.02
ABT Abbott Laboratories Reduce -2.2% 0.16% +0.02
WFC Wells Fargo & Co. Reduce -1.7% 2.03% +0.03
ABBV Abbvie Inc. Reduce -5.2% 0.24% +0.03
GE General Electric Reduce -1.6% 0.19% +0.03
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.1% 0.45% +0.07
VZ Verizon Communications Inc. Reduce -0.2% 2.04% +0.25

Portfolio Buys Q4 2024 → Q1 2025
CAG Conagra Brands Inc. Add +826.1% 2.51% +2.23
META Meta Platforms Inc. Class A Add +992.3% 1.91% +1.74
UPS United Parcel Service Class B Add +565.7% 1.91% +1.58
NKE Nike Inc. Class B New 1.24% +1.24
TGT Target Corp. Add +376.2% 1.21% +0.89
TPL Texas Pacific Land Corp. New 0.78% +0.78
APA Apa Corp. Add +51.5% 2.59% +0.73
AVGO Broadcom Inc. Add +681.1% 0.72% +0.59
DOW Dow Inc. Add +66.9% 1.78% +0.57
BLDR Builders Firstsource Inc. Add +62.4% 1.46% +0.44
PTEN Patterson-Uti Energy Inc. Add +29.6% 1.21% +0.28
CRNT Ceragon Networks Ltd. New 0.22% +0.22
ATI Ati Inc. Add +13.4% 2.86% +0.21
MTG Mgic Investment Corp. Add +45.8% 0.33% +0.11
GT Goodyear Tire & Rubber Co. Add +2.2% 1.96% +0.11
OGN Organon & Co. Add +3.7% 2.22% +0.09
MAN Manpowergroup Inc. Add +3.3% 2.08% +0.09
CVX Chevron Corp. Add +2.2% 0.54% +0.09
ZBH Zimmer Biomet Holdings Inc. Add +1.1% 0.99% +0.08
XOM Exxon Mobil Corp. Add +5.7% 0.55% +0.08
PM Philip Morris International Add +9.4% 0.24% +0.07
WEC WEC Energy Group Inc. Add +0.3% 0.48% +0.07
NBIS Nebius Group NV New 0.06% +0.06
UMBF Umb Financial Corp. New 0.06% +0.06
JPM JPMorgan Chase & Co. Add +8.3% 0.45% +0.05
MCD McDonald's Corp. Add +26.3% 0.17% +0.05
ETN Eaton Corp. PLC Add +41.6% 0.31% +0.05
L Loews Corp. New 0.04% +0.04
MO Altria Group Inc. Add +14.0% 0.15% +0.04
BMI Badger Meter Inc. New 0.04% +0.04
UBER Uber Technologies Inc. New 0.03% +0.03
KO The Coca-Cola Co. Add +27.9% 0.10% +0.03
PYPL PayPal Holdings Inc. New 0.03% +0.03
CVS CVS Health Corp. New 0.03% +0.03
GILD Gilead Sciences Inc. New 0.02% +0.02
EXC Exelon Corp. Add +24.3% 0.07% +0.02
DUK Duke Energy Corp. Add +7.4% 0.12% +0.02
PEP Pepsico Inc. Add +5.1% 0.40% +0.02
JCI Johnson Controls Internation Add +4.6% 0.24% +0.02
WMT Walmart Inc. Add +15.8% 0.13% +0.02
TXN Texas Instruments Inc. Add +21.5% 0.10% +0.01
KMB Kimberly-Clark Corp. Add +20.5% 0.06% +0.01
MDLZ Mondelez International Inc. Class A Add +7.3% 0.07% +0.01
CEG Constellation Energy Add +28.8% 0.08% +0.01
LNT Alliant Energy Corp. Add +0.1% 0.12% +0.01
F Ford Motor Co. Add +13.6% 0.06% +0.01
TMUS T-Mobile US Inc. Add +1.4% 0.04% +0.01
BP BP PLC-Spons ADR Add +2.0% 0.05% +0.01
COST Costco Wholesale Corp. Add +0.1% 0.17% +0.01
COP Conocophillips Add +2.6% 0.06% +0.00

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