Liberty One Investment Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 27, 2025), Liberty One Investment Management, LLC reported 143 stock positions worth $1.8 billion. Its top holding was Johnson & Johnson (JNJ) at 3.8% of the portfolio, followed by Cardinal Health (CAH, 3.8%) and Alliant Energy (LNT, 3.7%). Compared with Q2 2025, it opened 10 new positions, sold out of 12, added to 110 and reduced 23. The biggest buy was a new position in Northrop Grumman (NOC) and the biggest sale an exit from Lockheed Martin (LMT).

Most Recent 13F
Q2 2026
Location
LIBERTYVILLE, IL
CIK
0001807328
Portfolio Value
$1.8B (Q3 2025)
SEC Filing
0001398344-25-019816 ↗ filed Oct 27, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $883.5M Q1 2024 Q2 2024: $887.4M Q2 2024 Q3 2024: $978.3M Q3 2024 Q4 2024: $923.0M Q4 2024 Q1 2025: $988.3M Q1 2025 Q2 2025: $988.5M Q2 2025 Q3 2025: $1.8B $1.8B Q3 2025 Q4 2025: $782.7M Q4 2025 Q1 2026: $970.0M Q1 2026 Q2 2026: $1.0B Q2 2026

Holdings 143 stocks · $1.8B
JNJ Johnson & Johnson 3.83% 366,813 $68.0M Add +83.9%
CAH Cardinal Health Inc. 3.82% 432,951 $67.9M Add +101.3%
LNT Alliant Energy Corp. 3.73% 984,790 $66.4M Add +91.7%
SO The Southern Co. 3.66% 685,769 $65.0M Add +94.6%
DUK Duke Energy Corp. 3.63% 522,137 $64.6M Add +92.8%
MCD McDonald's Corp. 3.40% 198,669 $60.4M Add +92.1%
NOC Northrop Grumman Corp. 3.38% 98,619 $60.1M New
LLY Eli Lilly & Co. 3.29% 76,688 $58.5M Add +104.8%
KO The Coca-Cola Co. 3.26% 875,107 $58.1M Add +93.6%
KR Kroger Co. 3.25% 857,667 $57.8M Add +85.0%
SYY Sysco Corp. 3.18% 687,493 $56.6M Add +98.8%
PG The Procter & Gamble Co. 3.15% 364,698 $56.0M Add +95.6%
MSFT Microsoft Corp. 3.14% 107,929 $55.9M Add +99.5%
LW Lamb Weston Holdings Inc. 3.14% 960,639 $55.9M Add +86.1%
UNH Unitedhealth Group Inc. 3.12% 160,408 $55.4M Add +95.6%
T AT&T Inc. 3.04% 1,918,734 $54.1M Add +99.0%
RSG Republic Services Inc. 3.04% 236,001 $54.1M Add +118.4%
WM Waste Management Inc. 3.01% 242,847 $53.6M Add +112.6%
CASY Casey's General Stores Inc. 2.88% 90,620 $51.2M Add +115.9%
CB Chubb Ltd. 2.88% 181,380 $51.2M New
MCK McKesson Corp. 2.85% 65,696 $50.8M New
MDLZ Mondelez International Inc. Class A 2.78% 790,637 $49.4M Add +101.1%
MSI Motorola Solutions Inc. 2.73% 106,229 $48.6M New
RTO Rentokil Initial PLC-SP ADR 2.25% 1,581,075 $39.9M New
ETR Entergy Corp. 0.75% 142,892 $13.3M Add +61.2%
GILD Gilead Sciences Inc. 0.75% 119,395 $13.3M Add +73.3%
VZ Verizon Communications Inc. 0.73% 294,787 $12.9M Add +70.0%
PEP Pepsico Inc. 0.63% 79,776 $11.2M Add +60.9%
ADC Agree Realty Corp. 0.62% 155,287 $11.0M New
AVGO Broadcom Inc. 0.55% 29,446 $9.7M Add +26.4%
RTX RTX Corp. 0.52% 55,621 $9.3M Add +28.5%
GS Goldman Sachs Group Inc. 0.52% 11,621 $9.3M Add +26.9%
CAT Caterpillar Inc. 0.49% 18,327 $8.7M Add +29.4%
AAPL Apple Inc. 0.47% 33,096 $8.4M Add +27.7%
JPM JPMorgan Chase & Co. 0.46% 26,149 $8.2M Add +30.7%
AMZN Amazon.com Inc. 0.46% 37,227 $8.2M Add +28.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.44% 54,432 $7.9M Add +31.5%
BLK BlackRock Inc. 0.44% 6,748 $7.9M Add +29.3%
SPHQ Invesco S&P 500 Quality ETF 0.44% 106,961 $7.8M Reduce -1.2%
WMT Walmart Inc. 0.43% 73,746 $7.6M Add +31.6%
SPGP Invesco S&P 500 Garp ETF 0.42% 65,941 $7.5M Reduce -2.5%
HR Healthcare Realty Trust Inc. 0.41% 407,463 $7.3M Add +30.2%
TRV The Travelers Cos Inc. 0.41% 26,228 $7.3M Add +32.3%
AFL Aflac Inc. 0.41% 65,038 $7.3M Add +32.6%
HSY The Hershey Co. 0.40% 38,076 $7.1M Add +32.4%
HD Home Depot Inc. 0.40% 17,530 $7.1M Add +30.7%
PLD Prologis Inc. 0.40% 61,544 $7.0M Add +29.8%
O Realty Income Corp. 0.40% 115,865 $7.0M Add +29.6%
UL Unilever PLC 0.39% 118,289 $7.0M Add +952.7%
NEE Nextera Energy Inc. 0.38% 90,153 $6.8M Add +31.9%
CVX Chevron Corp. 0.38% 43,229 $6.7M Add +30.9%
XLV SS Health Care Select Sector 0.37% 47,857 $6.7M Reduce -1.9%
FR First Industrial Realty TR 0.37% 127,936 $6.6M Add +31.0%
INTU Intuit Inc. 0.37% 9,635 $6.6M Add +31.8%
CL Colgate-Palmolive Co. 0.36% 81,005 $6.5M Add +33.6%
COST Costco Wholesale Corp. 0.36% 6,919 $6.4M Add +35.2%
DE Deere & Co. 0.36% 13,942 $6.4M Add +32.0%
TXN Texas Instruments Inc. 0.35% 34,353 $6.3M Add +32.2%
HON Honeywell International Inc. 0.35% 29,859 $6.3M Add +31.8%
TSN Tyson Foods Inc. Class A 0.35% 113,798 $6.2M Add +32.1%
EXR Extra Space Storage Inc. 0.35% 43,626 $6.1M Add +33.3%
DPZ Domino's Pizza Inc. 0.34% 14,029 $6.1M Add +31.1%
XMHQ Invesco S&P Midcap Qual ETF 0.33% 55,721 $5.8M Reduce -2.5%
MDT Medtronic PLC 0.33% 60,878 $5.8M Add +6.5%
AMGN Amgen Inc. 0.29% 18,029 $5.1M Add +7.8%
AVUV Avantis US Small Cap Value 0.28% 49,942 $5.0M Reduce -2.8%
MRK Merck & Co. Inc. 0.28% 59,071 $5.0M Add +8.6%
ELV Elevance Health Inc. 0.26% 14,199 $4.6M Add +11.0%
BAX Baxter International Inc. 0.22% 169,839 $3.9M Add +10.8%
MOAT Vaneck Morningstar Wide Moat 0.15% 27,154 $2.7M Reduce -2.6%
RSPU Invesco S&P 500 Equal Weight 0.15% 34,957 $2.7M Reduce -2.1%
TDV Proshares S&P Tech DVD Arist 0.14% 29,282 $2.5M Reduce -3.1%
XMLV Invesco S&P Midcap Low Volat 0.14% 39,660 $2.5M Reduce -1.7%
SDY SS SPDR S&P Dividend ETF 0.14% 17,857 $2.5M Reduce -1.8%
NOBL Proshares S&P 500 Dividend A 0.14% 23,911 $2.5M Reduce -1.2%
SPLV Invesco S&P 500 Low Volatili 0.14% 33,470 $2.5M Reduce -1.6%
RWJ Invesco S&P Smallcap 600 0.13% 48,118 $2.3M Reduce -2.9%
CRWD CrowdStrike Holdings Inc. Class A 0.12% 4,249 $2.1M Add +29.4%
SCHD Schwab US DVD Equity ETF 0.12% 75,174 $2.1M Reduce -2.6%
NBIS Nebius Group NV 0.11% 18,085 $2.0M Add +312.0%
GOOG Alphabet Inc. Class C 0.11% 8,092 $2.0M Add +46.8%
IUSG iShares Core S&P U.S. Growth 0.11% 11,481 $1.9M Reduce -3.7%
QQQ Invesco QQQ Trust Series 1 0.11% 3,119 $1.9M Add +0.5%
GSLC Goldman Activebeta US LC ETF 0.10% 14,033 $1.8M Reduce -2.8%
IUSV iShares Core S&P U.S. Value 0.10% 17,761 $1.8M Add +1.9%
AMD Advanced Micro Devices 0.10% 10,707 $1.7M Add +17.0%
XTL SS SPDR S&P Telecom ETF 0.09% 11,437 $1.6M Reduce -3.3%
VDC Vanguard Consumer Staple ETF 0.09% 7,238 $1.5M Reduce -1.3%
KTOS Kratos Defense & Security 0.08% 15,639 $1.4M Reduce -25.7%
ONTO Onto Innovation Inc. 0.08% 10,884 $1.4M New
TSM Taiwan Semiconductor-SP ADR 0.08% 4,998 $1.4M Add +364.5%
SPEM State Street SP PTF Em ETF 0.08% 29,200 $1.4M Reduce -2.9%
ELF Elf Beauty Inc. 0.07% 9,989 $1.3M Add +39.3%
UBER Uber Technologies Inc. 0.07% 12,539 $1.2M New
SSB Southstate Bank Corp. 0.07% 12,294 $1.2M Add +37.3%
BABA Alibaba Group Holding-SP ADR 0.07% 6,692 $1.2M Add +5.6%
ISRG Intuitive Surgical Inc. 0.06% 2,287 $1.0M Add +28.1%
CRM Salesforce Inc. 0.06% 4,289 $1.0M Add +33.6%
LNTH Lantheus Holdings Inc. 0.06% 19,713 $1.0M Add +85.4%
CAVA Cava Group Inc. 0.05% 16,148 $977K Add +89.4%
UBS UBS Group AG-Reg 0.05% 22,631 $928K Add +10.5%
NVS Novartis AG-Sponsored ADR 0.05% 6,822 $875K Add +14.4%
D Dominion Energy Inc. 0.05% 14,219 $870K Add +20.1%
SNA Snap-on Inc. 0.05% 2,493 $864K Add +29.2%
LNG Cheniere Energy Inc. 0.05% 3,639 $855K Add +22.8%
CDNS Cadence Design SYS Inc. 0.05% 2,422 $850K Add +12.3%
IQV Iqvia Holdings Inc. 0.05% 4,386 $833K Add +32.0%
WPC WP Carey Inc. 0.05% 12,329 $833K Add +9.5%
NGG National Grid PLC-SP ADR 0.05% 11,396 $828K Add +15.8%
VNQI Vanguard GLBL Ex-US Real Est 0.05% 17,338 $828K Add +14.7%
SWX Southwest Gas Holdings Inc. 0.05% 10,564 $828K Add +20.1%
V Visa Inc. Class A 0.05% 2,369 $809K Add +22.6%
RGA Reinsurance Group of America 0.04% 4,150 $797K Add +38.5%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.04% 24,440 $797K Add +21.7%
BANF Bancfirst Corp. 0.04% 6,256 $791K Add +20.6%
MELI MercadoLibre Inc. 0.04% 330 $771K Add +5.8%
PLTR Palantir Technologies Inc. Class A 0.04% 4,202 $766K Add +47.6%
TWLO Twilio Inc. Class A 0.04% 7,561 $757K Add +19.9%
INGR Ingredion Inc. 0.04% 6,184 $755K Add +38.6%
NUE Nucor Corp. 0.04% 5,248 $710K Add +17.5%
LULU Lululemon Athletica Inc. 0.03% 3,321 $590K Reduce -21.0%
RBLX Roblox Corp. Class A 0.03% 3,732 $516K Add +51.2%
ITB iShares U.S. Home Constructi 0.03% 4,732 $507K Reduce -3.0%
NET Cloudflare Inc. Class A 0.03% 2,198 $470K Add +63.4%
VRT Vertiv Holdings Co. Class A 0.03% 3,066 $466K Add +51.8%
FIX Comfort Systems USA Inc. 0.03% 561 $463K New
SNOW Snowflake Inc. 0.03% 1,979 $448K Add +77.5%
NOW ServiceNow Inc. 0.02% 463 $425K Add +22.5%
NTNX Nutanix Inc. Class A 0.02% 5,516 $408K Add +77.3%
UAL United Airlines Holdings Inc. 0.02% 4,127 $399K Add +41.6%
POST Post Holdings Inc. filed as POST HLDGS INC 0.02% 3,524 $378K Add +70.0%
CEG Constellation Energy 0.02% 1,117 $368K Add +2.0%
CWST Casella Waste Systems Inc. Class A 0.02% 3,869 $365K Add +97.0%
TMUS T-Mobile US Inc. 0.02% 1,516 $363K Add +13.7%
NFLX Netflix Inc. 0.02% 297 $356K Reduce -2.0%
OXY Occidental Petroleum Corp. 0.02% 7,229 $341K Add +4.7%
SNPS Synopsys Inc. 0.02% 681 $334K Add +43.7%
AXON Axon Enterprise Inc. 0.02% 462 $332K Add +2.2%
DKNG Draftkings Inc. Class A 0.02% 8,763 $326K Add +41.9%
PGR Progressive Corp. 0.02% 1,291 $319K Add +3.8%
SPGI S&P Global Inc. 0.02% 650 $317K Add +1.1%
TW Tradeweb Markets Inc. Class A 0.02% 2,527 $280K Add +5.9%
META Meta Platforms Inc. Class A 0.01% 249 $182K New

Portfolio Sells Q2 2025 → Q3 2025
LMT Lockheed Martin Corp. Sold out 0.00% −3.04
PFE Pfizer Inc. Sold out 0.00% −3.00
CLX Clorox Company Sold out 0.00% −2.73
KDP Keurig Dr Pepper Inc. Sold out 0.00% −2.61
DOX Amdocs Ltd. Sold out 0.00% −1.91
SPHQ Invesco S&P 500 Quality ETF Reduce -1.2% 0.44% −0.34
SPGP Invesco S&P 500 Garp ETF Reduce -2.5% 0.42% −0.32
XLV SS Health Care Select Sector Reduce -1.9% 0.37% −0.29
XMHQ Invesco S&P Midcap Qual ETF Reduce -2.5% 0.33% −0.24
AVUV Avantis US Small Cap Value Reduce -2.8% 0.28% −0.19
MOAT Vaneck Morningstar Wide Moat Reduce -2.6% 0.15% −0.11
SPLV Invesco S&P 500 Low Volatili Reduce -1.6% 0.14% −0.11
TDV Proshares S&P Tech DVD Arist Reduce -3.1% 0.14% −0.11
XMLV Invesco S&P Midcap Low Volat Reduce -1.7% 0.14% −0.11
SDY SS SPDR S&P Dividend ETF Reduce -1.8% 0.14% −0.11
NOBL Proshares S&P 500 Dividend A Reduce -1.2% 0.14% −0.11
RSPU Invesco S&P 500 Equal Weight Reduce -2.1% 0.15% −0.11
SCHD Schwab US DVD Equity ETF Reduce -2.6% 0.12% −0.09
RWJ Invesco S&P Smallcap 600 Reduce -2.9% 0.13% −0.09
VDC Vanguard Consumer Staple ETF Reduce -1.3% 0.09% −0.08
IUSG iShares Core S&P U.S. Growth Reduce -3.7% 0.11% −0.08
GSLC Goldman Activebeta US LC ETF Reduce -2.8% 0.10% −0.07
LULU Lululemon Athletica Inc. Reduce -21.0% 0.03% −0.07
BURL Burlington Stores Inc. Sold out 0.00% −0.06
STLD Steel Dynamics Inc. Sold out 0.00% −0.06
SPEM State Street SP PTF Em ETF Reduce -2.9% 0.08% −0.05
XTL SS SPDR S&P Telecom ETF Reduce -3.3% 0.09% −0.05
SG Sweetgreen Inc. Class A Sold out 0.00% −0.04
CHWY Chewy Inc. Class A Sold out 0.00% −0.02
S Sentinelone Inc. Class A Sold out 0.00% −0.02
ESTC Elastic NV Sold out 0.00% −0.02
CPRT Copart Inc. Sold out 0.00% −0.02
NFLX Netflix Inc. Reduce -2.0% 0.02% −0.02
KTOS Kratos Defense & Security Reduce -25.7% 0.08% −0.02
ITB iShares U.S. Home Constructi Reduce -3.0% 0.03% −0.02

Portfolio Buys Q2 2025 → Q3 2025
NOC Northrop Grumman Corp. New 3.38% +3.38
CB Chubb Ltd. New 2.88% +2.88
MCK McKesson Corp. New 2.85% +2.85
MSI Motorola Solutions Inc. New 2.73% +2.73
RTO Rentokil Initial PLC-SP ADR New 2.25% +2.25
JNJ Johnson & Johnson Add +83.9% 3.83% +0.74
CASY Casey's General Stores Inc. Add +115.9% 2.88% +0.71
ADC Agree Realty Corp. New 0.62% +0.62
LNT Alliant Energy Corp. Add +91.7% 3.73% +0.59
SYY Sysco Corp. Add +98.8% 3.18% +0.53
UNH Unitedhealth Group Inc. Add +95.6% 3.12% +0.53
LW Lamb Weston Holdings Inc. Add +86.1% 3.14% +0.43
MSFT Microsoft Corp. Add +99.5% 3.14% +0.42
DUK Duke Energy Corp. Add +92.8% 3.63% +0.40
SO The Southern Co. Add +94.6% 3.66% +0.38
WM Waste Management Inc. Add +112.6% 3.01% +0.37
RSG Republic Services Inc. Add +118.4% 3.04% +0.35
MCD McDonald's Corp. Add +92.1% 3.40% +0.34
LLY Eli Lilly & Co. Add +104.8% 3.29% +0.34
UL Unilever PLC Add +952.7% 0.39% +0.32
T AT&T Inc. Add +99.0% 3.04% +0.22
CAH Cardinal Health Inc. Add +101.3% 3.82% +0.16
PG The Procter & Gamble Co. Add +95.6% 3.15% +0.15
MDLZ Mondelez International Inc. Class A Add +101.1% 2.78% +0.10
NBIS Nebius Group NV Add +312.0% 0.11% +0.09
ONTO Onto Innovation Inc. New 0.08% +0.08
UBER Uber Technologies Inc. New 0.07% +0.07
TSM Taiwan Semiconductor-SP ADR Add +364.5% 0.08% +0.05
KO The Coca-Cola Co. Add +93.6% 3.26% +0.03
FIX Comfort Systems USA Inc. New 0.03% +0.03
GOOG Alphabet Inc. Class C Add +46.8% 0.11% +0.01
META Meta Platforms Inc. Class A New 0.01% +0.01
PLTR Palantir Technologies Inc. Class A Add +47.6% 0.04% +0.00
ETR Entergy Corp. Add +61.2% 0.75% +0.00
RBLX Roblox Corp. Class A Add +51.2% 0.03% +0.00
VRT Vertiv Holdings Co. Class A Add +51.8% 0.03% 0.00
SNOW Snowflake Inc. Add +77.5% 0.03% −0.00
NET Cloudflare Inc. Class A Add +63.4% 0.03% −0.00
NTNX Nutanix Inc. Class A Add +77.3% 0.02% −0.00
UAL United Airlines Holdings Inc. Add +41.6% 0.02% −0.00
POST Post Holdings Inc. Add +70.0% 0.02% −0.00
CWST Casella Waste Systems Inc. Class A Add +97.0% 0.02% −0.00
BABA Alibaba Group Holding-SP ADR Add +5.6% 0.07% −0.01
SNPS Synopsys Inc. Add +43.7% 0.02% −0.01
IQV Iqvia Holdings Inc. Add +32.0% 0.05% −0.01
DKNG Draftkings Inc. Class A Add +41.9% 0.02% −0.01
OXY Occidental Petroleum Corp. Add +4.7% 0.02% −0.01
TMUS T-Mobile US Inc. Add +13.7% 0.02% −0.01
SNA Snap-on Inc. Add +29.2% 0.05% −0.01
CEG Constellation Energy Add +2.0% 0.02% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 154$1.0BLLY, UNH, CAH, JNJ, KO
Q1 2026 154$970.0MJNJ, CAH, NOC, LNT, DUK
Q4 2025 145$782.7MCAH, JNJ, LLY, LNT, KO
Q3 2025 143$1.8BJNJ, CAH, LNT, SO, DUK
Q2 2025 145$988.5MCAH, KR, SO, KO, DUK
Q1 2025 146$988.3MCAH, LNT, DUK, SO, KO
Q4 2024 148$923.0MCAH, LNT, CLX, DUK, SO
Q3 2024 181$978.3MSPTL, LMT, LLY, SO, LNT
Q2 2024 181$887.4MSPTL, LLY, SO, PG, KMB
Q1 2024 182$883.5MLLY, SPTL, CAH, RSG, WM