Liberty Capital Management, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Liberty Capital Management, Inc. reported 177 stock positions worth $531.3 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 7.6% of the portfolio, followed by Apple (AAPL, 4.2%) and Nvidia (NVDA, 4.0%). Compared with Q2 2025, it opened 6 new positions, sold out of 3, added to 67 and reduced 37. The biggest buy was iShares National Muni Bond E (MUB, shares +506%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −68%).

Most Recent 13F
Q2 2026
Location
BIRMINGHAM, MI
CIK
0001366838
Portfolio Value
$531.3M (Q3 2025)
SEC Filing
0001366838-25-000003 ↗ filed Nov 6, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $405.7M Q1 2024 Q2 2024: $421.6M Q2 2024 Q3 2024: $452.0M Q3 2024 Q4 2024: $450.7M Q4 2024 Q1 2025: $449.2M Q1 2025 Q2 2025: $495.6M Q2 2025 Q3 2025: $531.3M $531.3M Q3 2025 Q4 2025: $537.0M Q4 2025 Q2 2026: $581.7M Q2 2026

Holdings 177 stocks · $531.3M

VTI VG Morningstar TS MKT ETF-US 7.62% 123,432 $40.5M Add +1.6%
AAPL Apple Inc. 4.20% 87,706 $22.3M Reduce -0.9%
NVDA Nvidia Corp. 3.97% 113,039 $21.1M Reduce -0.8%
GOOGL Alphabet Inc. Class A 2.79% 60,992 $14.8M Reduce -0.8%
COST Costco Wholesale Corp. 2.76% 15,859 $14.7M Reduce -1.7%
INTU Intuit Inc. 2.68% 20,870 $14.3M Add +0.1%
AMZN Amazon.com Inc. 2.68% 64,800 $14.2M Reduce -0.5%
MSFT Microsoft Corp. 2.44% 25,074 $13.0M Reduce -1.3%
V Visa Inc. Class A 2.21% 34,446 $11.8M Reduce -1.0%
SCHB Schwab US Broad Market ETF 2.06% 426,051 $11.0M Add +2.3%
CTAS Cintas Corp. 1.83% 47,486 $9.7M Reduce -1.6%
ABBV Abbvie Inc. 1.82% 41,847 $9.7M Add +1.4%
HD Home Depot Inc. 1.78% 23,347 $9.5M Add +0.4%
BND Vanguard Total Bond Market 1.77% 126,528 $9.4M Add +26.5%
AFL Aflac Inc. 1.71% 81,549 $9.1M Reduce -0.0%
AIT Applied Industrial Tech Inc. 1.70% 34,668 $9.1M No change
JPM JPMorgan Chase & Co. 1.57% 26,440 $8.3M Add +0.2%
MUB iShares National Muni Bond E 1.57% 78,259 $8.3M Add +506.1%
TMO Thermo Fisher Scientific Inc. 1.55% 16,951 $8.2M Add +2.2%
VEA Vanguard Ftse Developed ETF 1.45% 128,174 $7.7M Reduce -1.5%
AVUV Avantis US Small Cap Value 1.44% 77,128 $7.7M Add +8.4%
SCHG Schwab US Large-Cap Growth 1.36% 226,267 $7.2M Add +2.5%
FISV Fiserv Inc. 1.24% 51,115 $6.6M Reduce -0.8%
DHR Danaher Corp. 1.23% 33,063 $6.6M Reduce -6.3%
ABT Abbott Laboratories 1.21% 48,018 $6.4M Add +3.6%
RTX RTX Corp. 1.20% 37,976 $6.4M Add +0.2%
ECL Ecolab Inc. 1.15% 22,249 $6.1M Add +0.1%
FAST Fastenal Co. 1.14% 123,080 $6.0M No change
GOOG Alphabet Inc. Class C 1.12% 24,352 $5.9M Reduce -0.5%
MCD McDonald's Corp. 1.11% 19,382 $5.9M Add +0.6%
ITW Illinois Tool Works 1.09% 22,247 $5.8M No change
FTNT Fortinet Inc. 1.08% 68,234 $5.7M Add +0.1%
UNH Unitedhealth Group Inc. 1.02% 15,740 $5.4M Add +6.5%
SYK Stryker Corp. 0.95% 13,727 $5.1M Add +6.6%
SCHF Schwab Intl Equity ETF 0.91% 207,208 $4.8M Add +9.5%
CB Chubb Ltd. 0.89% 16,777 $4.7M No change
AMT American Tower Corp. 0.83% 23,048 $4.4M Add +2.3%
PKG Packaging Corp. of America 0.82% 19,960 $4.3M Reduce -0.4%
IVV iShares Core S&P 500 ETF 0.78% 6,181 $4.1M Add +2.5%
CHD Church & Dwight Co. Inc. 0.74% 44,820 $3.9M Reduce -0.9%
PANW Palo Alto Networks Inc. 0.73% 19,028 $3.9M Add +5.8%
SCHA Schwab US Small-Cap ETF 0.70% 134,127 $3.7M Add +2.9%
IJS iShares S&P Small-Cap 600 Va 0.69% 33,143 $3.7M Add +3.4%
ASML ASML Holding NV-NY Reg SHS 0.68% 3,746 $3.6M Add +12.2%
TSCO Tractor Supply Company 0.64% 59,459 $3.4M Add +1.3%
SCHD Schwab US DVD Equity ETF 0.62% 120,547 $3.3M Add +2.0%
CDNS Cadence Design SYS Inc. 0.62% 9,328 $3.3M Add +0.1%
BLK BlackRock Inc. 0.61% 2,790 $3.3M Add +2.5%
VNQ Vanguard Real Estate ETF 0.60% 35,154 $3.2M Add +8.3%
PFF iShares Preferred & Income S 0.60% 100,147 $3.2M Add +0.0%
OTIS Otis Worldwide Corp. 0.58% 33,813 $3.1M Add +8.6%
VTIP Vanguard Short-Term Tips 0.58% 60,602 $3.1M Add +23.0%
PGR Progressive Corp. 0.55% 11,837 $2.9M Reduce -0.2%
WELL Welltower Inc. 0.55% 16,257 $2.9M Reduce -1.1%
DFAC Dimensional US Core Equity 2 0.53% 72,322 $2.8M No change
TRMB Trimble Inc. 0.49% 32,176 $2.6M Add +4.5%
VEEV Veeva Systems Inc. Class A 0.49% 8,688 $2.6M Add +5.0%
ICE Intercontinental Exchange Inc. 0.47% 14,930 $2.5M No change
EME Emcor Group Inc. 0.46% 3,741 $2.4M Add +41.8%
ULTA Ulta Beauty Inc. 0.45% 4,395 $2.4M Reduce -0.5%
POWL Powell Industries Inc. 0.45% 7,779 $2.4M Add +18.8%
MA Mastercard Inc. Class A 0.44% 4,103 $2.3M Reduce -0.5%
META Meta Platforms Inc. Class A 0.44% 3,160 $2.3M Add +14.8%
WMT Walmart Inc. 0.43% 22,338 $2.3M Add +5.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.43% 3,420 $2.3M No change
VPL Vanguard Ftse Pacific ETF 0.41% 24,780 $2.2M Add +12.5%
STZ Constellation Brands Inc. Class A 0.41% 16,107 $2.2M Reduce -28.8%
BRK.B Berkshire Hathaway Inc. Class B 0.40% 4,210 $2.1M Add +0.7%
CARR Carrier Global Corp. 0.39% 34,396 $2.1M Add +21.8%
DISV Dimensional International SM 0.38% 56,814 $2.0M Add +10.6%
NEE Nextera Energy Inc. 0.38% 26,493 $2.0M No change
VTEB Vanguard Tax-Exempt Bond ETF 0.37% 39,773 $2.0M Reduce -67.8%
VGK Vanguard Ftse Europe ETF 0.37% 24,551 $2.0M Add +15.0%
DFAX Dimensional World Ex US Core 0.36% 60,457 $1.9M No change
LLY Eli Lilly & Co. 0.34% 2,378 $1.8M Add +0.2%
PEP Pepsico Inc. 0.34% 12,734 $1.8M Reduce -1.0%
VWO Vanguard Ftse Emerging Marke 0.34% 32,867 $1.8M Reduce -5.3%
ADBE Adobe Inc. 0.33% 4,990 $1.8M Add +20.4%
DFEM Dimensional Emrg MRKT Core 0.33% 54,502 $1.7M Add +8.0%
ADP Automatic Data Processing 0.28% 5,156 $1.5M Reduce -0.3%
CTSH Cognizant Tech Solutions-A 0.28% 22,145 $1.5M No change
VXUS Vanguard Total Intl Stock 0.28% 20,082 $1.5M Add +30.3%
CSCO Cisco Systems Inc. 0.26% 20,230 $1.4M Add +10.9%
VYM Vanguard High DVD Yield ETF 0.25% 9,428 $1.3M Add +28.1%
GS Goldman Sachs Group Inc. 0.24% 1,587 $1.3M No change
SLYV SS SPDR S&P 600 SC Val ETF 0.23% 14,000 $1.2M No change
FTV Fortive Corp. 0.23% 25,003 $1.2M Reduce -27.4%
JNJ Johnson & Johnson 0.22% 6,223 $1.2M No change
NFLX Netflix Inc. 0.21% 949 $1.1M New
ILCB iShares Morningstar U.S. Equ 0.21% 12,260 $1.1M No change
LOW Lowe's Cos Inc. 0.21% 4,452 $1.1M Reduce -1.9%
MPWR Monolithic Power Systems Inc. 0.20% 1,182 $1.1M Add +184.8%
ISRG Intuitive Surgical Inc. 0.19% 2,275 $1.0M Add +0.5%
QQQ Invesco QQQ Trust Series 1 0.18% 1,581 $949K Add +5.9%
VZ Verizon Communications Inc. 0.17% 20,760 $912K No change
IMCB iShares Morningstar Mid-Cap 0.16% 10,200 $847K No change
EMR Emerson Electric Co. 0.15% 6,233 $818K Add +2.5%
MMS Maximus Inc. 0.15% 8,556 $782K No change
PG The Procter & Gamble Co. 0.15% 5,030 $773K Add +16.6%
VCIT Vanguard Int-Term Corporate 0.14% 9,151 $770K Reduce -1.1%

Show all 177 holdings

Portfolio Sells Q2 2025 → Q3 2025

VTEB Vanguard Tax-Exempt Bond ETF Reduce -67.8% 0.37% −0.85
FISV Fiserv Inc. Reduce -0.8% 1.24% −0.55
COST Costco Wholesale Corp. Reduce -1.7% 2.76% −0.46
DFNM Dimensional National Muni BD Sold out 0.00% −0.43
CTAS Cintas Corp. Reduce -1.6% 1.83% −0.34
STZ Constellation Brands Inc. Class A Reduce -28.8% 0.41% −0.33
ACN Accenture PLC Class A Sold out 0.00% −0.30
V Visa Inc. Class A Reduce -1.0% 2.21% −0.28
AMZN Amazon.com Inc. Reduce -0.5% 2.68% −0.20
DHR Danaher Corp. Reduce -6.3% 1.23% −0.17
FTV Fortive Corp. Reduce -27.4% 0.23% −0.15
CHD Church & Dwight Co. Inc. Reduce -0.9% 0.74% −0.14
MSFT Microsoft Corp. Reduce -1.3% 2.44% −0.10
PGR Progressive Corp. Reduce -0.2% 0.55% −0.09
RAL Ralliant Corp. Reduce -46.6% 0.04% −0.06
VEA Vanguard Ftse Developed ETF Reduce -1.5% 1.45% −0.05
USB US Bancorp Sold out 0.00% −0.05
ADP Automatic Data Processing Reduce -0.3% 0.28% −0.04
IT Gartner Inc. Reduce -7.8% 0.05% −0.04
IWF iShares Russell 1000 Growth Reduce -26.3% 0.10% −0.03
MA Mastercard Inc. Class A Reduce -0.5% 0.44% −0.03
AFL Aflac Inc. Reduce -0.0% 1.71% −0.02
BKNG Booking Holdings Inc. Reduce -4.4% 0.09% −0.02
SCHZ Schwab US Aggregate Bond ETF Reduce -7.6% 0.10% −0.02
VWO Vanguard Ftse Emerging Marke Reduce -5.3% 0.34% −0.01
VCIT Vanguard Int-Term Corporate Reduce -1.1% 0.14% −0.01
PEP Pepsico Inc. Reduce -1.0% 0.34% −0.01
IWP iShares Russell Mid-Cap Grow Reduce -0.3% 0.11% −0.01
VSS Vanguard Ftse All Wo X-US SC Reduce -0.4% 0.14% −0.00
LMT Lockheed Martin Corp. Reduce -2.1% 0.09% −0.00
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -1.3% 0.05% −0.00
PH Parker Hannifin Corp. Reduce -1.6% 0.06% −0.00
LOW Lowe's Cos Inc. Reduce -1.9% 0.21% +0.01
WELL Welltower Inc. Reduce -1.1% 0.55% +0.04
ULTA Ulta Beauty Inc. Reduce -0.5% 0.45% +0.04
PKG Packaging Corp. of America Reduce -0.4% 0.82% +0.06
GOOG Alphabet Inc. Class C Reduce -0.5% 1.12% +0.24
NVDA Nvidia Corp. Reduce -0.8% 3.97% +0.34
AAPL Apple Inc. Reduce -0.9% 4.20% +0.54
GOOGL Alphabet Inc. Class A Reduce -0.8% 2.79% +0.60

Portfolio Buys Q2 2025 → Q3 2025

MUB iShares National Muni Bond E Add +506.1% 1.57% +1.30
BND Vanguard Total Bond Market Add +26.5% 1.77% +0.29
ABBV Abbvie Inc. Add +1.4% 1.82% +0.28
NFLX Netflix Inc. New 0.21% +0.21
TMO Thermo Fisher Scientific Inc. Add +2.2% 1.55% +0.19
EME Emcor Group Inc. Add +41.8% 0.46% +0.17
VTI VG Morningstar TS MKT ETF-US Add +1.6% 7.62% +0.17
POWL Powell Industries Inc. Add +18.8% 0.45% +0.17
MPWR Monolithic Power Systems Inc. Add +184.8% 0.20% +0.14
ASML ASML Holding NV-NY Reg SHS Add +12.2% 0.68% +0.14
AVUV Avantis US Small Cap Value Add +8.4% 1.44% +0.14
UNH Unitedhealth Group Inc. Add +6.5% 1.02% +0.09
APO Apollo Global Management Inc. New 0.09% +0.09
RTX RTX Corp. Add +0.2% 1.20% +0.08
VTIP Vanguard Short-Term Tips Add +23.0% 0.58% +0.08
SCHF Schwab Intl Equity ETF Add +9.5% 0.91% +0.06
VXUS Vanguard Total Intl Stock Add +30.3% 0.28% +0.06
HD Home Depot Inc. Add +0.4% 1.78% +0.06
SCHB Schwab US Broad Market ETF Add +2.3% 2.06% +0.06
SCHG Schwab US Large-Cap Growth Add +2.5% 1.36% +0.06
DFAE Dimensional Emerging Core Eq New 0.06% +0.06
SHYG iShares 0-5 YR HY Corp. Bond New 0.06% +0.06
VYM Vanguard High DVD Yield ETF Add +28.1% 0.25% +0.05
CVS CVS Health Corp. New 0.05% +0.05
IJS iShares S&P Small-Cap 600 Va Add +3.4% 0.69% +0.05
VPL Vanguard Ftse Pacific ETF Add +12.5% 0.41% +0.04
DISV Dimensional International SM Add +10.6% 0.38% +0.04
AVGO Broadcom Inc. New 0.04% +0.04
SCHA Schwab US Small-Cap ETF Add +2.9% 0.70% +0.04
CDNS Cadence Design SYS Inc. Add +0.1% 0.62% +0.04
BLK BlackRock Inc. Add +2.5% 0.61% +0.04
VGK Vanguard Ftse Europe ETF Add +15.0% 0.37% +0.03
META Meta Platforms Inc. Class A Add +14.8% 0.44% +0.03
DFEM Dimensional Emrg MRKT Core Add +8.0% 0.33% +0.03
JPM JPMorgan Chase & Co. Add +0.2% 1.57% +0.03
VGT Vanguard Info Tech ETF Add +24.2% 0.10% +0.02
IVV iShares Core S&P 500 ETF Add +2.5% 0.78% +0.02
GLD SPDR Gold Shares Add +17.2% 0.10% +0.02
TRMB Trimble Inc. Add +4.5% 0.49% +0.02
VNQ Vanguard Real Estate ETF Add +8.3% 0.60% +0.02
AVDV Avantis Intl S/C Value ETF Add +33.0% 0.07% +0.02
USHY iShares Broad Usd High Yield Add +24.6% 0.11% +0.02
WMT Walmart Inc. Add +5.2% 0.43% +0.01
QQQ Invesco QQQ Trust Series 1 Add +5.9% 0.18% +0.01
TSCO Tractor Supply Company Add +1.3% 0.64% +0.01
ADBE Adobe Inc. Add +20.4% 0.33% +0.01
PG The Procter & Gamble Co. Add +16.6% 0.15% +0.01
DFSV Dimensional US Small Cap Val Add +13.9% 0.05% +0.01
VEEV Veeva Systems Inc. Class A Add +5.0% 0.49% +0.01
CSCO Cisco Systems Inc. Add +10.9% 0.26% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 184$581.7MVTI, AAPL, NVDA, GOOGL, SCHB
Q4 2025 180$537.0MVTI, AAPL, NVDA, GOOGL, AMZN
Q3 2025 177$531.3MVTI, AAPL, NVDA, GOOGL, COST
Q2 2025 174$495.6MVTI, AAPL, NVDA, INTU, COST
Q1 2025 161$449.2MVTI, AAPL, COST, INTU, AMZN
Q4 2024 159$450.7MVTI, AAPL, NVDA, COST, AMZN
Q3 2024 159$452.0MVTI, AAPL, COST, NVDA, INTU
Q2 2024 157$421.6MVTI, AAPL, NVDA, COST, INTU
Q1 2024 154$405.7MVTI, AAPL, INTU, COST, NVDA