KLCM Advisors, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), KLCM Advisors, Inc. reported 179 stock positions worth $940.6 million. Its top holding was Nvidia (NVDA) at 27.1% of the portfolio, followed by Citigroup (C, 3.5%) and Boeing (BA, 3.3%). Compared with Q1 2025, it opened 8 new positions, sold out of 7, added to 37 and reduced 67. The biggest buy was a new position in Hexcel (HXL) and the biggest sale Newmont (NEM, shares −96%).

Most Recent 13F
Q2 2026
Location
MILWAUKEE, WI
CIK
0001166620
Portfolio Value
$940.6M (Q2 2025)
SEC Filing
0001166620-25-000005 ↗ filed Aug 4, 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 Q1 2025 Q2 2025: $940.6M $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 179 stocks · $940.6M
NVDA Nvidia Corp. 27.09% 1,613,060 $254.8M Reduce -4.8%
C Citigroup Inc. 3.50% 387,142 $33.0M Reduce -1.3%
BA The Boeing Co. 3.31% 148,609 $31.1M Reduce -18.0%
ATI Ati Inc. 3.17% 345,263 $29.8M Reduce -26.6%
AAPL Apple Inc. 2.69% 123,458 $25.3M Add +64.8%
BLDR Builders Firstsource Inc. 2.47% 198,716 $23.2M Add +99.2%
MAN Manpowergroup Inc. 2.35% 548,108 $22.1M Add +78.9%
META Meta Platforms Inc. Class A 2.28% 29,108 $21.5M Add +2.7%
WFC Wells Fargo & Co. 2.04% 239,149 $19.2M Reduce -1.0%
GT Goodyear Tire & Rubber Co. 1.91% 1,734,669 $18.0M Reduce -4.1%
MCS Marcus Corporation 1.80% 1,004,343 $16.9M Reduce -5.5%
CAG Conagra Brands Inc. 1.76% 807,830 $16.5M Add +0.2%
GTES Gates Industrial Corp. UK Ltd. 1.73% 707,075 $16.3M Reduce -1.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.72% 341,771 $16.2M Reduce -1.4%
VZ Verizon Communications Inc. 1.71% 372,174 $16.1M Reduce -3.2%
CSCO Cisco Systems Inc. 1.69% 228,621 $15.9M Reduce -4.1%
BMY Bristol-Myers Squibb Co. 1.67% 339,667 $15.7M Reduce -1.9%
UPS United Parcel Service Class B 1.56% 145,740 $14.7M Reduce -1.8%
TFC Truist Financial Corp. 1.55% 340,018 $14.6M Reduce -3.1%
APA Apa Corp. 1.54% 793,707 $14.5M Reduce -24.7%
HAL Halliburton Co. 1.53% 703,989 $14.3M Add +85.5%
HXL Hexcel Corp. 1.34% 222,555 $12.6M New
OGN Organon & Co. 1.26% 1,220,315 $11.8M Reduce -4.2%
NKE Nike Inc. Class B 1.23% 162,624 $11.6M Reduce -2.4%
KVUE Kenvue Inc. 1.22% 547,834 $11.5M Reduce -3.2%
DOW Dow Inc. 1.21% 430,696 $11.4M Reduce -1.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.20% 91,145 $11.3M Reduce -5.5%
AVGO Broadcom Inc. 1.08% 36,710 $10.1M No change
TGT Target Corp. 1.03% 98,571 $9.7M Reduce -0.8%
GM General Motors Co. 0.97% 186,253 $9.2M Reduce -2.4%
MSFT Microsoft Corp. 0.87% 16,540 $8.2M Reduce -0.4%
PTEN Patterson-Uti Energy Inc. 0.83% 1,319,183 $7.8M Add +4.6%
BBY Best Buy Co. Inc. 0.76% 106,650 $7.2M Reduce -2.3%
ZBH Zimmer Biomet Holdings Inc. 0.71% 72,994 $6.7M Reduce -2.5%
USB US Bancorp 0.63% 131,369 $5.9M Add +1.0%
LLY Eli Lilly & Co. 0.57% 6,912 $5.4M Add +0.9%
TPL Texas Pacific Land Corp. 0.56% 5,014 $5.3M No change
UNP Union Pacific Corp. 0.50% 20,519 $4.7M No change
JPM JPMorgan Chase & Co. 0.49% 15,927 $4.6M Add +0.6%
PFE Pfizer Inc. 0.46% 180,104 $4.4M Reduce -2.4%
HBI Hanesbrands Inc. 0.46% 943,010 $4.3M Reduce -14.8%
WEC WEC Energy Group Inc. 0.44% 39,811 $4.1M Add +4.8%
XOM Exxon Mobil Corp. 0.44% 38,479 $4.1M Reduce -2.0%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.43% 54,523 $4.0M No change
CVX Chevron Corp. 0.42% 27,680 $4.0M Reduce -0.3%
AMZN Amazon.com Inc. 0.40% 17,265 $3.8M Add +1.4%
BRK.B Berkshire Hathaway Inc. Class B 0.36% 6,926 $3.4M Reduce -3.3%
FISV Fiserv Inc. 0.35% 18,968 $3.3M Reduce -5.7%
GOOG Alphabet Inc. Class C 0.31% 16,691 $3.0M Reduce -3.6%
PEP Pepsico Inc. 0.31% 22,098 $2.9M Reduce -1.9%
GOOGL Alphabet Inc. Class A 0.28% 14,775 $2.6M Add +2.3%
KEY Keycorp 0.27% 146,691 $2.6M Reduce -2.2%
KMB Kimberly-Clark Corp. 0.27% 19,530 $2.5M Add +487.4%
JCI Johnson Controls Internation 0.26% 23,559 $2.5M Reduce -7.8%
PM Philip Morris International 0.25% 12,985 $2.4M Add +0.8%
TSLA Tesla Inc. 0.24% 7,239 $2.3M Add +4.7%
GE General Electric filed as GE AEROSPACE 0.22% 8,012 $2.1M Add +0.2%
MTG Mgic Investment Corp. 0.22% 72,880 $2.0M Reduce -35.4%
CRNT Ceragon Networks Ltd. 0.21% 795,973 $2.0M No change
NFLX Netflix Inc. 0.21% 1,444 $1.9M No change
PLTR Palantir Technologies Inc. Class A 0.20% 14,000 $1.9M Add +250.0%
CRWD CrowdStrike Holdings Inc. Class A 0.20% 3,715 $1.9M Reduce -0.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.20% 6,228 $1.8M Reduce -4.2%
ABBV Abbvie Inc. 0.19% 9,731 $1.8M Reduce -2.5%
AMD Advanced Micro Devices 0.19% 12,609 $1.8M Add +2.7%
NUE Nucor Corp. 0.18% 12,881 $1.7M No change
PG The Procter & Gamble Co. 0.17% 10,264 $1.6M Reduce -3.1%
T AT&T Inc. 0.17% 55,984 $1.6M Reduce -9.3%
ETN Eaton Corp. PLC 0.15% 3,971 $1.4M Reduce -59.8%
COST Costco Wholesale Corp. 0.15% 1,427 $1.4M Reduce -8.8%
FAST Fastenal Co. 0.15% 33,540 $1.4M Reduce -2.2%
ABT Abbott Laboratories 0.14% 9,909 $1.3M Reduce -2.4%
MS Morgan Stanley 0.14% 9,557 $1.3M No change
V Visa Inc. Class A 0.14% 3,723 $1.3M No change
MO Altria Group Inc. 0.13% 20,675 $1.2M Reduce -5.1%
AEM Agnico Eagle Mines Ltd. 0.13% 10,018 $1.2M No change
WMT Walmart Inc. 0.12% 11,927 $1.2M Reduce -3.7%
TXN Texas Instruments Inc. 0.12% 5,290 $1.1M Add +17.0%
JNJ Johnson & Johnson 0.12% 7,184 $1.1M Add +1.5%
CAT Caterpillar Inc. 0.12% 2,798 $1.1M Add +0.8%
MGEE Mge Energy Inc. 0.11% 12,225 $1.1M No change
NEM Newmont Corp. 0.11% 18,382 $1.1M Reduce -95.8%
HD Home Depot Inc. 0.11% 2,889 $1.1M Add +2.1%
GEV GE Vernova Inc. 0.11% 1,981 $1.0M Reduce -8.6%
MA Mastercard Inc. Class A 0.11% 1,837 $1.0M Add +3.4%
NOW ServiceNow Inc. 0.11% 1,000 $1.0M No change
MRK Merck & Co. Inc. 0.11% 12,837 $1.0M Reduce -7.2%
UNH Unitedhealth Group Inc. 0.11% 3,177 $991K No change
ASB Associated Banc-Corp. 0.10% 40,360 $984K No change
LNT Alliant Energy Corp. 0.10% 16,146 $976K No change
ITW Illinois Tool Works 0.10% 3,741 $925K No change
XEL Xcel Energy Inc. 0.10% 13,200 $899K No change
DUK Duke Energy Corp. 0.09% 7,222 $852K Reduce -15.6%
KMI Kinder Morgan Inc. 0.09% 28,977 $852K Reduce -0.3%
ORCL Oracle Corp. 0.09% 3,887 $850K No change
COSO Coastal South Bancshares Inc. 0.08% 37,046 $789K No change
MCD McDonald's Corp. 0.08% 2,682 $784K Reduce -42.4%
MCK McKesson Corp. 0.08% 1,045 $766K No change
NSC Norfolk Southern Corp. 0.08% 2,925 $749K Reduce -6.4%
FIS Fidelity National Info Serv 0.08% 9,175 $747K No change
EMR Emerson Electric Co. 0.07% 5,158 $688K Add +0.8%
DE Deere & Co. 0.07% 1,286 $654K No change
WM Waste Management Inc. 0.07% 2,833 $648K Add +0.3%
CEG Constellation Energy 0.07% 1,976 $638K Reduce -44.7%
MDLZ Mondelez International Inc. Class A 0.06% 8,841 $596K No change
F Ford Motor Co. filed as FORD MTR CO 0.06% 53,802 $584K Add +0.9%
LMT Lockheed Martin Corp. 0.06% 1,232 $570K Add +15.6%
AMAT Applied Materials Inc. 0.06% 3,071 $562K No change
COR Cencora Inc. filed as CORESITE REALTY CORP 0.06% 1,875 $562K No change
OKLO Oklo Inc. 0.06% 10,000 $560K No change
HPE Hewlett Packard Enterprise 0.06% 26,342 $539K Reduce -3.3%
RTX RTX Corp. 0.06% 3,605 $526K No change
MSI Motorola Solutions Inc. 0.06% 1,241 $522K No change
UMBF Umb Financial Corp. 0.05% 4,878 $513K No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.05% 4,183 $463K Reduce -15.2%
ADI Analog Devices Inc. 0.05% 1,923 $458K No change
CL Colgate-Palmolive Co. 0.05% 4,904 $446K Add +2.5%
KO The Coca-Cola Co. 0.05% 6,183 $437K Reduce -46.8%
AXP American Express Co. 0.05% 1,358 $433K No change
ACN Accenture PLC Class A 0.05% 1,438 $430K Add +22.0%
HON Honeywell International Inc. 0.05% 1,834 $427K Add +23.3%
QCOM Qualcomm Inc. 0.05% 2,666 $425K No change
COP Conocophillips 0.04% 4,606 $413K Add +2.3%
BMI Badger Meter Inc. 0.04% 1,600 $392K No change
INTC Intel Corp. 0.04% 17,353 $389K No change
L Loews Corp. 0.04% 4,170 $382K No change
BP BP PLC-Spons ADR 0.04% 12,658 $379K No change
SCHW Schwab (charles) Corp. 0.04% 4,134 $377K Reduce -2.6%
JBL Jabil Inc. 0.04% 1,705 $372K No change
K Kellanova 0.04% 4,621 $367K No change
MET Metlife Inc. 0.04% 4,377 $352K Reduce -5.7%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.04% 10,247 $346K No change
Marathon Bancorp Inc. 0.04% 34,320 $342K Add +37.3%
EXC Exelon Corp. 0.03% 7,476 $325K Reduce -39.1%
AMGN Amgen Inc. 0.03% 1,160 $324K No change
AEHR Aehr Test Systems 0.03% 25,000 $323K No change
ROK Rockwell Automation Inc. 0.03% 966 $321K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.03% 965 $309K No change
ANSS Ansys Inc. 0.03% 878 $308K Reduce -3.3%
TMUS T-Mobile US Inc. 0.03% 1,268 $302K No change
KLAC KLA Corp. 0.03% 332 $297K No change
SBUX Starbucks Corp. 0.03% 3,166 $290K Reduce -1.6%
DHI D.R. Horton Inc. 0.03% 2,079 $268K No change
SO The Southern Co. 0.03% 2,862 $263K Add +5.7%
MMM 3M Co. 0.03% 1,673 $255K Reduce -8.7%
PYPL PayPal Holdings Inc. 0.03% 3,380 $251K No change
CMCSA Comcast Corp. Class A 0.03% 6,972 $249K Reduce -17.7%
OXY Occidental Petroleum Corp. 0.03% 5,814 $244K No change
PSX Phillips 66 0.03% 2,025 $242K No change
CTRA Coterra Energy Inc. 0.03% 9,455 $240K No change
ARCC Ares Capital Corp. 0.02% 10,370 $228K No change
SOFI Sofi Technologies Inc. 0.02% 12,200 $222K Add +10.9%
LOW Lowe's Cos Inc. 0.02% 982 $218K No change
ELV Elevance Health Inc. 0.02% 551 $214K No change
STT State Street Corp. 0.02% 2,000 $213K New
RPM RPM International Inc. 0.02% 1,933 $212K No change
EXAS Exact Sciences Corp. 0.02% 3,987 $212K New
KHC The Kraft Heinz Co. 0.02% 8,189 $211K Reduce -0.7%
KKR KKR & Co. Inc. 0.02% 1,577 $210K New
GS Goldman Sachs Group Inc. 0.02% 291 $206K New
BCE Bce Inc. 0.02% 9,288 $206K No change
MAS Masco Corp. 0.02% 3,169 $204K Add +10.0%
GILD Gilead Sciences Inc. 0.02% 1,808 $200K No change
ENB Enbridge Inc. 0.02% 4,421 $200K New
OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC 0.02% 24,000 $170K No change
OI O-I Glass Inc. 0.02% 10,000 $147K Reduce -24.2%
TTI Tetra Technologies Inc. 0.00% 10,000 $34K No change
PSRHF Pulsar Helium Inc. 0.00% 50,000 $19K New
RNGE Range Impact Inc. 0.00% 74,000 $14K No change
LBSR Liberty Star Uranium & Metal 0.00% 201,374 $14K New
OPK Opko Health Inc. 0.00% 10,000 $13K No change
POWW Outdoor Holding Co. 0.00% 10,000 $13K No change
OPITQ Office Properties Income Tru 0.00% 28,200 $7K Add +1.1%
NWBO Northwest Biotherapeutics 0.00% 10,000 $2K No change
Troy Minerals Inc. 0.00% 20,000 $2K No change
DTZZF Dotz Nano Ltd. 0.00% 10,000 $283 No change
BEEI Bald Eagle Energy Inc. 0.00% 14,000 $0 No change
ISCNF Isracann Biosciences Inc. 0.00% 12,000 $0 No change
OPMG Options Media Group Holdings 0.00% 20,000 $0 No change

Portfolio Sells Q1 2025 → Q2 2025
NEM Newmont Corp. Reduce -95.8% 0.11% −2.33
APA Apa Corp. Reduce -24.7% 1.54% −1.05
OGN Organon & Co. Reduce -4.2% 1.26% −0.96
BMY Bristol-Myers Squibb Co. Reduce -1.9% 1.67% −0.80
DOW Dow Inc. Reduce -1.3% 1.21% −0.57
KVUE Kenvue Inc. Reduce -3.2% 1.22% −0.37
UPS United Parcel Service Class B Reduce -1.8% 1.56% −0.35
VZ Verizon Communications Inc. Reduce -3.2% 1.71% −0.33
BA The Boeing Co. Reduce -18.0% 3.31% −0.30
HBI Hanesbrands Inc. Reduce -14.8% 0.46% −0.29
ZBH Zimmer Biomet Holdings Inc. Reduce -2.5% 0.71% −0.28
MCS Marcus Corporation Reduce -5.5% 1.80% −0.28
TGT Target Corp. Reduce -0.8% 1.03% −0.18
BBY Best Buy Co. Inc. Reduce -2.3% 0.76% −0.18
FISV Fiserv Inc. Reduce -5.7% 0.35% −0.17
ETN Eaton Corp. PLC Reduce -59.8% 0.15% −0.16
TFC Truist Financial Corp. Reduce -3.1% 1.55% −0.13
CVX Chevron Corp. Reduce -0.3% 0.42% −0.12
MTG Mgic Investment Corp. Reduce -35.4% 0.22% −0.11
XOM Exxon Mobil Corp. Reduce -2.0% 0.44% −0.11
BRK.B Berkshire Hathaway Inc. Class B Reduce -3.3% 0.36% −0.09
MCD McDonald's Corp. Reduce -42.4% 0.08% −0.09
PEP Pepsico Inc. Reduce -1.9% 0.31% −0.09
PFE Pfizer Inc. Reduce -2.4% 0.46% −0.08
GM General Motors Co. Reduce -2.4% 0.97% −0.08
NBIS Nebius Group NV Sold out 0.00% −0.06
ABBV Abbvie Inc. Reduce -2.5% 0.19% −0.05
KO The Coca-Cola Co. Reduce -46.8% 0.05% −0.05
GT Goodyear Tire & Rubber Co. Reduce -4.1% 1.91% −0.04
PG The Procter & Gamble Co. Reduce -3.1% 0.17% −0.04
MRK Merck & Co. Inc. Reduce -7.2% 0.11% −0.04
CSCO Cisco Systems Inc. Reduce -4.1% 1.69% −0.03
UBER Uber Technologies Inc. Sold out 0.00% −0.03
T AT&T Inc. Reduce -9.3% 0.17% −0.03
EXC Exelon Corp. Reduce -39.1% 0.03% −0.03
DUK Duke Energy Corp. Reduce -15.6% 0.09% −0.03
LYB Lyondellbasell Indu Class A Sold out 0.00% −0.03
CVS CVS Health Corp. Sold out 0.00% −0.03
CINF Cincinnati Financial Corp. Sold out 0.00% −0.03
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.02
MO Altria Group Inc. Reduce -5.1% 0.13% −0.02
COST Costco Wholesale Corp. Reduce -8.8% 0.15% −0.02
CEG Constellation Energy Reduce -44.7% 0.07% −0.02
ABT Abbott Laboratories Reduce -2.4% 0.14% −0.01
CMCSA Comcast Corp. Class A Reduce -17.7% 0.03% −0.01
NKE Nike Inc. Class B Reduce -2.4% 1.23% −0.01
KEY Keycorp Reduce -2.2% 0.27% −0.01
NSC Norfolk Southern Corp. Reduce -6.4% 0.08% −0.01
KHC The Kraft Heinz Co. Reduce -0.7% 0.02% −0.01
KMI Kinder Morgan Inc. Reduce -0.3% 0.09% −0.01

Portfolio Buys Q1 2025 → Q2 2025
HXL Hexcel Corp. New 1.34% +1.34
BLDR Builders Firstsource Inc. Add +99.2% 2.47% +1.01
AAPL Apple Inc. Add +64.8% 2.69% +0.75
HAL Halliburton Co. Add +85.5% 1.53% +0.40
META Meta Platforms Inc. Class A Add +2.7% 2.28% +0.37
MAN Manpowergroup Inc. Add +78.9% 2.35% +0.28
KMB Kimberly-Clark Corp. Add +487.4% 0.27% +0.21
PLTR Palantir Technologies Inc. Class A Add +250.0% 0.20% +0.16
AMD Advanced Micro Devices Add +2.7% 0.19% +0.04
JPM JPMorgan Chase & Co. Add +0.6% 0.49% +0.04
TSLA Tesla Inc. Add +4.7% 0.24% +0.03
GE General Electric Add +0.2% 0.22% +0.03
AMZN Amazon.com Inc. Add +1.4% 0.40% +0.02
STT State Street Corp. New 0.02% +0.02
EXAS Exact Sciences Corp. New 0.02% +0.02
KKR KKR & Co. Inc. New 0.02% +0.02
GS Goldman Sachs Group Inc. New 0.02% +0.02
TXN Texas Instruments Inc. Add +17.0% 0.12% +0.02
ENB Enbridge Inc. New 0.02% +0.02
GOOGL Alphabet Inc. Class A Add +2.3% 0.28% +0.02
PM Philip Morris International Add +0.8% 0.25% +0.01
SOFI Sofi Technologies Inc. Add +10.9% 0.02% +0.01
HON Honeywell International Inc. Add +23.3% 0.05% +0.01
CAT Caterpillar Inc. Add +0.8% 0.12% +0.01
EMR Emerson Electric Co. Add +0.8% 0.07% +0.01
LMT Lockheed Martin Corp. Add +15.6% 0.06% +0.00
ACN Accenture PLC Class A Add +22.0% 0.05% +0.00
PSRHF Pulsar Helium Inc. New 0.00% +0.00
LBSR Liberty Star Uranium & Metal New 0.00% +0.00
F Ford Motor Co. Add +0.9% 0.06% −0.00
OPITQ Office Properties Income Tru Add +1.1% 0.00% −0.00
SO The Southern Co. Add +5.7% 0.03% −0.00
MAS Masco Corp. Add +10.0% 0.02% −0.00
Marathon Bancorp Inc. Add +37.3% 0.04% −0.00
MA Mastercard Inc. Class A Add +3.4% 0.11% −0.00
CL Colgate-Palmolive Co. Add +2.5% 0.05% −0.01
WM Waste Management Inc. Add +0.3% 0.07% −0.01
HD Home Depot Inc. Add +2.1% 0.11% −0.01
USB US Bancorp Add +1.0% 0.63% −0.01
COP Conocophillips Add +2.3% 0.04% −0.01
JNJ Johnson & Johnson Add +1.5% 0.12% −0.02
WEC WEC Energy Group Inc. Add +4.8% 0.44% −0.04
LLY Eli Lilly & Co. Add +0.9% 0.57% −0.09
PTEN Patterson-Uti Energy Inc. Add +4.6% 0.83% −0.38
CAG Conagra Brands Inc. Add +0.2% 1.76% −0.76

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