KLCM Advisors, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), KLCM Advisors, Inc. reported 180 stock positions worth $1.0 billion. Its top holding was Nvidia (NVDA) at 26.8% of the portfolio, followed by Apple (AAPL, 6.8%) and Boeing (BA, 3.2%). Compared with Q2 2025, it opened 21 new positions, sold out of 20, added to 49 and reduced 69. The biggest buy was Apple (AAPL, shares +117%) and the biggest sale Citigroup (C, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- MILWAUKEE, WI
- CIK
- 0001166620
- Portfolio Value
- $1.0B (Q3 2025)
- SEC Filing
- 0001166620-25-000007 ↗ filed Nov 13, 2025
Holdings Value
Holdings 180 stocks · $1.0B
| NVDA Nvidia Corp. | 26.84% | 1,442,584 | $269.2M | Reduce -10.6% |
| AAPL Apple Inc. | 6.80% | 267,980 | $68.2M | Add +117.1% |
| BA The Boeing Co. | 3.25% | 150,923 | $32.6M | Add +1.6% |
| ATI Ati Inc. | 2.87% | 353,837 | $28.8M | Add +2.5% |
| C Citigroup Inc. | 2.72% | 268,580 | $27.3M | Reduce -30.6% |
| META Meta Platforms Inc. Class A | 2.65% | 36,171 | $26.6M | Add +24.3% |
| MAN Manpowergroup Inc. | 2.10% | 556,951 | $21.1M | Add +1.6% |
| BLDR Builders Firstsource Inc. | 1.97% | 162,649 | $19.7M | Reduce -18.1% |
| WFC Wells Fargo & Co. | 1.92% | 230,035 | $19.3M | Reduce -3.8% |
| UPS United Parcel Service Class B | 1.73% | 208,088 | $17.4M | Add +42.8% |
| APA Apa Corp. | 1.69% | 696,919 | $16.9M | Reduce -12.2% |
| GTES Gates Industrial Corp. UK Ltd. | 1.67% | 675,733 | $16.8M | Reduce -4.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.66% | 323,356 | $16.7M | Reduce -5.4% |
| HAL Halliburton Co. | 1.66% | 675,560 | $16.6M | Reduce -4.0% |
| MCS Marcus Corporation | 1.57% | 1,014,951 | $15.7M | Add +1.1% |
| TFC Truist Financial Corp. | 1.55% | 339,398 | $15.5M | Reduce -0.2% |
| CAG Conagra Brands Inc. | 1.52% | 831,447 | $15.2M | Add +2.9% |
| VZ Verizon Communications Inc. | 1.51% | 343,850 | $15.1M | Reduce -7.6% |
| CSCO Cisco Systems Inc. | 1.49% | 219,013 | $15.0M | Reduce -4.2% |
| BMY Bristol-Myers Squibb Co. | 1.45% | 321,868 | $14.5M | Reduce -5.2% |
| HXL Hexcel Corp. | 1.33% | 212,280 | $13.3M | Reduce -4.6% |
| AVGO Broadcom Inc. | 1.32% | 40,078 | $13.2M | Add +9.2% |
| GT Goodyear Tire & Rubber Co. | 1.27% | 1,698,701 | $12.7M | Reduce -2.1% |
| OGN Organon & Co. | 1.20% | 1,122,830 | $12.0M | Reduce -8.0% |
| MSFT Microsoft Corp. | 1.16% | 22,366 | $11.6M | Add +35.2% |
| GM General Motors Co. | 1.10% | 180,336 | $11.0M | Reduce -3.2% |
| DOW Dow Inc. | 1.08% | 470,351 | $10.8M | Add +9.2% |
| NKE Nike Inc. Class B | 1.03% | 148,314 | $10.3M | Reduce -8.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.95% | 83,117 | $9.5M | Reduce -8.8% |
| KVUE Kenvue Inc. | 0.87% | 537,435 | $8.7M | Reduce -1.9% |
| TGT Target Corp. | 0.86% | 96,011 | $8.6M | Reduce -2.6% |
| BBY Best Buy Co. Inc. | 0.80% | 106,273 | $8.0M | Reduce -0.3% |
| ZBH Zimmer Biomet Holdings Inc. | 0.71% | 72,714 | $7.2M | Reduce -0.4% |
| LPX Louisiana-Pacific Corp. | 0.68% | 76,358 | $6.8M | New |
| PTEN Patterson-Uti Energy Inc. | 0.64% | 1,230,543 | $6.4M | Reduce -6.7% |
| USB US Bancorp | 0.62% | 127,939 | $6.2M | Reduce -2.6% |
| AMZN Amazon.com Inc. | 0.59% | 26,777 | $5.9M | Add +55.1% |
| JPM JPMorgan Chase & Co. | 0.48% | 15,147 | $4.8M | Reduce -4.9% |
| WEC WEC Energy Group Inc. | 0.47% | 41,533 | $4.8M | Add +4.3% |
| TPL Texas Pacific Land Corp. | 0.47% | 5,014 | $4.7M | No change |
| PFE Pfizer Inc. | 0.44% | 174,819 | $4.5M | Reduce -2.9% |
| CVX Chevron Corp. | 0.42% | 26,970 | $4.2M | Reduce -2.6% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.42% | 54,523 | $4.2M | No change |
| GOOG Alphabet Inc. Class C | 0.40% | 16,412 | $4.0M | Reduce -1.7% |
| TSLA Tesla Inc. | 0.34% | 7,744 | $3.4M | Add +7.0% |
| GOOGL Alphabet Inc. Class A | 0.33% | 13,772 | $3.3M | Reduce -6.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 6,593 | $3.3M | Reduce -4.8% |
| PEP Pepsico Inc. | 0.32% | 23,108 | $3.2M | Add +4.6% |
| XOM Exxon Mobil Corp. | 0.30% | 26,855 | $3.0M | Reduce -30.2% |
| KEY Keycorp | 0.26% | 141,630 | $2.6M | Reduce -3.5% |
| PLTR Palantir Technologies Inc. Class A | 0.25% | 14,010 | $2.6M | Add +0.1% |
| FISV Fiserv Inc. | 0.24% | 18,943 | $2.4M | Reduce -0.1% |
| GE General Electric filed as GE AEROSPACE | 0.24% | 8,019 | $2.4M | Add +0.1% |
| JCI Johnson Controls Internation | 0.24% | 21,559 | $2.4M | Reduce -8.5% |
| KMB Kimberly-Clark Corp. | 0.23% | 18,558 | $2.3M | Reduce -5.0% |
| AEHR Aehr Test Systems | 0.23% | 75,000 | $2.3M | Add +200.0% |
| ABBV Abbvie Inc. | 0.22% | 9,491 | $2.2M | Reduce -2.5% |
| QCOM Qualcomm Inc. | 0.21% | 12,666 | $2.1M | Add +375.1% |
| WY Weyerhaeuser Co. | 0.20% | 82,812 | $2.1M | New |
| AMD Advanced Micro Devices | 0.20% | 12,609 | $2.0M | No change |
| LRCX Lam Research Corp. | 0.20% | 15,097 | $2.0M | New |
| COSO Coastal South Bancshares Inc. | 0.20% | 90,474 | $2.0M | Add +144.2% |
| PM Philip Morris International | 0.19% | 11,754 | $1.9M | Reduce -9.5% |
| CRNT Ceragon Networks Ltd. | 0.18% | 795,973 | $1.9M | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.18% | 3,715 | $1.8M | No change |
| MTG Mgic Investment Corp. | 0.18% | 62,880 | $1.8M | Reduce -13.7% |
| AEM Agnico Eagle Mines Ltd. | 0.17% | 10,118 | $1.7M | Add +1.0% |
| FAST Fastenal Co. | 0.17% | 33,800 | $1.7M | Add +0.8% |
| MS Morgan Stanley | 0.16% | 10,295 | $1.6M | Add +7.7% |
| CLX Clorox Company | 0.16% | 13,135 | $1.6M | New |
| T AT&T Inc. | 0.16% | 55,621 | $1.6M | Reduce -0.7% |
| NEM Newmont Corp. | 0.15% | 18,382 | $1.5M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.15% | 5,200 | $1.5M | Reduce -16.5% |
| ETN Eaton Corp. PLC | 0.14% | 3,881 | $1.5M | Reduce -2.3% |
| FTNT Fortinet Inc. | 0.14% | 16,125 | $1.4M | New |
| COST Costco Wholesale Corp. | 0.13% | 1,452 | $1.3M | Add +1.8% |
| CAT Caterpillar Inc. | 0.13% | 2,816 | $1.3M | Add +0.6% |
| NUE Nucor Corp. | 0.13% | 9,881 | $1.3M | Reduce -23.3% |
| HD Home Depot Inc. | 0.13% | 3,279 | $1.3M | Add +13.5% |
| JNJ Johnson & Johnson | 0.13% | 6,989 | $1.3M | Reduce -2.7% |
| ABT Abbott Laboratories | 0.13% | 9,643 | $1.3M | Reduce -2.7% |
| MO Altria Group Inc. | 0.13% | 19,501 | $1.3M | Reduce -5.7% |
| WMT Walmart Inc. | 0.13% | 12,247 | $1.3M | Add +2.7% |
| V Visa Inc. Class A | 0.12% | 3,623 | $1.2M | Reduce -2.7% |
| GEV GE Vernova Inc. | 0.12% | 1,928 | $1.2M | Reduce -2.7% |
| MRK Merck & Co. Inc. | 0.11% | 13,385 | $1.1M | Add +4.3% |
| OKLO Oklo Inc. | 0.11% | 10,000 | $1.1M | No change |
| ORCL Oracle Corp. | 0.11% | 3,941 | $1.1M | Add +1.4% |
| LNT Alliant Energy Corp. | 0.11% | 16,144 | $1.1M | Reduce -0.0% |
| MCD McDonald's Corp. | 0.10% | 3,451 | $1.0M | Add +28.7% |
| ASB Associated Banc-Corp. | 0.10% | 40,360 | $1.0M | No change |
| MGEE Mge Energy Inc. | 0.10% | 12,225 | $1.0M | No change |
| LLY Eli Lilly & Co. | 0.10% | 1,320 | $1.0M | Reduce -80.9% |
| TXN Texas Instruments Inc. | 0.10% | 5,472 | $1.0M | Add +3.4% |
| UNH Unitedhealth Group Inc. | 0.10% | 2,907 | $1.0M | Reduce -8.5% |
| PG The Procter & Gamble Co. | 0.10% | 6,397 | $983K | Reduce -37.7% |
| ITW Illinois Tool Works | 0.10% | 3,767 | $982K | Add +0.7% |
| MCK McKesson Corp. | 0.09% | 1,198 | $926K | Add +14.6% |
| XEL Xcel Energy Inc. | 0.09% | 10,950 | $883K | Reduce -17.1% |
| MA Mastercard Inc. Class A | 0.09% | 1,525 | $867K | Reduce -17.0% |
Portfolio Sells Q2 2025 → Q3 2025
| C Citigroup Inc. | Reduce -30.6% | 2.72% | −0.78 |
| GT Goodyear Tire & Rubber Co. | Reduce -2.1% | 1.27% | −0.65 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.50 |
| BLDR Builders Firstsource Inc. | Reduce -18.1% | 1.97% | −0.50 |
| LLY Eli Lilly & Co. | Reduce -80.9% | 0.10% | −0.47 |
| HBI Hanesbrands Inc. | Sold out | 0.00% | −0.46 |
| KVUE Kenvue Inc. | Reduce -1.9% | 0.87% | −0.35 |
| DIS The Walt Disney Co. | Reduce -8.8% | 0.95% | −0.25 |
| NVDA Nvidia Corp. | Reduce -10.6% | 26.84% | −0.25 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.2% | 1.45% | −0.22 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.21 |
| VZ Verizon Communications Inc. | Reduce -7.6% | 1.51% | −0.20 |
| NKE Nike Inc. Class B | Reduce -8.8% | 1.03% | −0.20 |
| PTEN Patterson-Uti Energy Inc. | Reduce -6.7% | 0.64% | −0.20 |
| CSCO Cisco Systems Inc. | Reduce -4.2% | 1.49% | −0.19 |
| TGT Target Corp. | Reduce -2.6% | 0.86% | −0.17 |
| XOM Exxon Mobil Corp. | Reduce -30.2% | 0.30% | −0.14 |
| WFC Wells Fargo & Co. | Reduce -3.8% | 1.92% | −0.11 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.11 |
| FISV Fiserv Inc. | Reduce -0.1% | 0.24% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -37.7% | 0.10% | −0.08 |
| DE Deere & Co. | Sold out | 0.00% | −0.07 |
| PM Philip Morris International | Reduce -9.5% | 0.19% | −0.06 |
| OGN Organon & Co. | Reduce -8.0% | 1.20% | −0.06 |
| COR Cencora Inc. | Sold out | 0.00% | −0.06 |
| GTES Gates Industrial Corp. UK Ltd. | Reduce -4.4% | 1.67% | −0.06 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −0.06 |
| BAC Bank of America Corp. | Reduce -5.4% | 1.66% | −0.06 |
| IBM Intl Business Machines Corp. | Reduce -16.5% | 0.15% | −0.05 |
| NUE Nucor Corp. | Reduce -23.3% | 0.13% | −0.04 |
| MTG Mgic Investment Corp. | Reduce -13.7% | 0.18% | −0.04 |
| KMB Kimberly-Clark Corp. | Reduce -5.0% | 0.23% | −0.04 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.03 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.03 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.03 |
| JCI Johnson Controls Internation | Reduce -8.5% | 0.24% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.8% | 0.33% | −0.03 |
| MMM 3M Co. | Sold out | 0.00% | −0.03 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.03 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.03 |
| PSX Phillips 66 | Sold out | 0.00% | −0.03 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -17.0% | 0.09% | −0.02 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.02 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.02 |
| BCE Bce Inc. | Sold out | 0.00% | −0.02 |
| ACN Accenture PLC Class A | Reduce -32.8% | 0.02% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -22.6% | 0.04% | −0.02 |
| PFE Pfizer Inc. | Reduce -2.9% | 0.44% | −0.02 |
| NSC Norfolk Southern Corp. | Reduce -31.6% | 0.06% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +117.1% | 6.80% | +4.11 |
| LPX Louisiana-Pacific Corp. | New | 0.68% | +0.68 |
| META Meta Platforms Inc. Class A | Add +24.3% | 2.65% | +0.36 |
| MSFT Microsoft Corp. | Add +35.2% | 1.16% | +0.28 |
| AVGO Broadcom Inc. | Add +9.2% | 1.32% | +0.24 |
| WY Weyerhaeuser Co. | New | 0.20% | +0.20 |
| LRCX Lam Research Corp. | New | 0.20% | +0.20 |
| AEHR Aehr Test Systems | Add +200.0% | 0.23% | +0.19 |
| AMZN Amazon.com Inc. | Add +55.1% | 0.59% | +0.18 |
| UPS United Parcel Service Class B | Add +42.8% | 1.73% | +0.17 |
| QCOM Qualcomm Inc. | Add +375.1% | 0.21% | +0.17 |
| CLX Clorox Company | New | 0.16% | +0.16 |
| FTNT Fortinet Inc. | New | 0.14% | +0.14 |
| COSO Coastal South Bancshares Inc. | Add +144.2% | 0.20% | +0.11 |
| TSLA Tesla Inc. | Add +7.0% | 0.34% | +0.10 |
| COR Cencora Inc. | New | 0.07% | +0.07 |
| PLTR Palantir Technologies Inc. Class A | Add +0.1% | 0.25% | +0.05 |
| CIEN Ciena Corp. | New | 0.05% | +0.05 |
| AEM Agnico Eagle Mines Ltd. | Add +1.0% | 0.17% | +0.04 |
| GLW Corning Inc. | New | 0.04% | +0.04 |
| WEC WEC Energy Group Inc. | Add +4.3% | 0.47% | +0.03 |
| CNM Core & Main Inc. Class A | New | 0.03% | +0.03 |
| PANW Palo Alto Networks Inc. | New | 0.03% | +0.03 |
| RSG Republic Services Inc. | New | 0.02% | +0.02 |
| TOL Toll Brothers Inc. | New | 0.02% | +0.02 |
| SOFI Sofi Technologies Inc. | Add +47.4% | 0.05% | +0.02 |
| OLN Olin Corp. | New | 0.02% | +0.02 |
| HP Helmerich & Payne | New | 0.02% | +0.02 |
| GE General Electric | Add +0.1% | 0.24% | +0.02 |
| MCD McDonald's Corp. | Add +28.7% | 0.10% | +0.02 |
| UBER Uber Technologies Inc. | New | 0.02% | +0.02 |
| PH Parker Hannifin Corp. | New | 0.02% | +0.02 |
| IMO Imperial Oil Ltd. | New | 0.02% | +0.02 |
| HSY The Hershey Co. | New | 0.02% | +0.02 |
| ORCL Oracle Corp. | Add +1.4% | 0.11% | +0.02 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.02% | +0.02 |
| MS Morgan Stanley | Add +7.7% | 0.16% | +0.02 |
| NIC Nicolet Bankshares Inc. | New | 0.02% | +0.02 |
| HD Home Depot Inc. | Add +13.5% | 0.13% | +0.02 |
| CAT Caterpillar Inc. | Add +0.6% | 0.13% | +0.02 |
| FAST Fastenal Co. | Add +0.8% | 0.17% | +0.02 |
| PEP Pepsico Inc. | Add +4.6% | 0.32% | +0.01 |
| MCK McKesson Corp. | Add +14.6% | 0.09% | +0.01 |
| TMUS T-Mobile US Inc. | Add +35.5% | 0.04% | +0.01 |
| SLB SLB Ltd. | Add +28.5% | 0.05% | +0.01 |
| DHI D.R. Horton Inc. | Add +3.1% | 0.04% | +0.01 |
| MSI Motorola Solutions Inc. | Add +11.7% | 0.06% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +19.2% | 0.05% | +0.01 |
| MAS Masco Corp. | Add +25.2% | 0.03% | +0.01 |
| ADI Analog Devices Inc. | Add +13.4% | 0.05% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 283 | $1.2B | NVDA, AAPL, ATI, C, BA |
| Q1 2026 | 256 | $1.1B | NVDA, AAPL, ATI, BA, C |
| Q4 2025 | 247 | $1.2B | NVDA, AAPL, ATI, BA, C |
| Q3 2025 | 180 | $1.0B | NVDA, AAPL, BA, ATI, C |
| Q2 2025 | 179 | $940.6M | NVDA, C, BA, ATI, AAPL |
| Q1 2025 | 178 | $854.8M | NVDA, BA, C, ATI, APA |
| Q4 2024 | 175 | $862.3M | NVDA, BA, C, BMY, ATI |
| Q3 2024 | 170 | $842.6M | NVDA, ATI, BMY, C, BA |
| Q2 2024 | 161 | $809.5M | NVDA, C, BA, NEM, OGN |
| Q1 2024 | 162 | $778.8M | NVDA, C, ATI, BA, WFC |