LS Investment Advisors, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 24, 2025), LS Investment Advisors, LLC reported 134 stock positions worth $682.0 million. Its top holding was Apple (AAPL) at 11.8% of the portfolio, followed by Microsoft (MSFT, 5.3%) and Alphabet Class C (GOOG, 4.5%). Compared with Q3 2024, it opened 2 new positions, sold out of 7, added to 50 and reduced 37. The biggest buy was Broadcom (AVGO, shares +2%) and the biggest sale Merck (MRK, shares −52%).

Most Recent 13F
Q2 2026
Location
Bloomfield Hills, MI
CIK
0001455845
Portfolio Value
$682.0M (Q4 2024)
SEC Filing
0001667731-25-000126 ↗ filed Jan 24, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $630.1M Q1 2024 Q2 2024: $640.8M Q2 2024 Q3 2024: $676.9M Q3 2024 Q4 2024: $682.0M $682.0M Q4 2024 Q1 2025: $649.8M Q1 2025 Q2 2025: $684.3M Q2 2025 Q3 2025: $709.9M Q3 2025 Q4 2025: $713.7M Q4 2025 Q1 2026: $668.3M Q1 2026 Q2 2026: $737.8M Q2 2026

Holdings 134 stocks · $682.0M
AAPL Apple Inc. 11.84% 322,542 $80.8M Reduce -1.1%
MSFT Microsoft Corp. 5.25% 84,974 $35.8M Add +0.7%
GOOG Alphabet Inc. Class C 4.50% 161,165 $30.7M Add +0.6%
FISV Fiserv Inc. 3.55% 117,704 $24.2M Reduce -0.6%
HD Home Depot Inc. 3.33% 58,414 $22.7M Reduce -0.1%
V Visa Inc. Class A 3.24% 70,000 $22.1M Reduce -2.7%
AVGO Broadcom Inc. 2.60% 76,387 $17.7M Add +1.9%
ECL Ecolab Inc. 2.36% 68,809 $16.1M Add +0.2%
VYMI Vanguard Int High DVD YLD Inc. 2.27% 227,560 $15.4M Reduce -1.0%
WMT Walmart Inc. 2.22% 167,199 $15.1M Reduce -1.5%
CB Chubb Ltd. 2.14% 52,829 $14.6M Add +0.1%
BLK BlackRock Inc. 2.11% 14,058 $14.4M Reduce -0.2%
GWW WW Grainger Inc. filed as GRAINGER W W INC 2.08% 13,433 $14.2M Add +0.0%
CAT Caterpillar Inc. 2.02% 37,920 $13.8M Reduce -1.1%
DHR Danaher Corp. 2.00% 59,521 $13.7M Reduce -0.4%
QCOM Qualcomm Inc. 1.92% 85,304 $13.1M Add +0.4%
GOOGL Alphabet Inc. Class A 1.90% 68,421 $13.0M Reduce -0.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.82% 282,824 $12.4M Reduce -0.3%
VOO Vanguard S&P 500 ETF 1.71% 21,665 $11.7M Add +5.8%
SHW The Sherwin-Williams Co. 1.71% 34,318 $11.7M Reduce -0.5%
VIG Vanguard Dividend Apprec ETF 1.68% 58,516 $11.5M Add +3.8%
AMZN Amazon.com Inc. 1.64% 51,102 $11.2M Add +6.8%
EMR Emerson Electric Co. 1.59% 87,273 $10.8M Reduce -0.8%
XLE SS Energy Select Sector 1.48% 118,215 $10.1M Reduce -3.4%
RTX RTX Corp. 1.44% 84,708 $9.8M Add +0.3%
CSX CSX Corp. 1.40% 296,760 $9.6M Reduce -0.3%
LIN Linde PLC 1.33% 21,737 $9.1M Add +1.3%
EG Everest Group Ltd. 1.28% 24,009 $8.7M Add +1.6%
COST Costco Wholesale Corp. 1.27% 9,419 $8.6M Add +3.1%
PEP Pepsico Inc. 1.25% 55,958 $8.5M Reduce -2.0%
BRK.B Berkshire Hathaway Inc. Class B 1.24% 18,589 $8.4M Add +0.8%
ADP Automatic Data Processing 1.22% 28,527 $8.4M Add +0.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.15% 70,621 $7.9M Add +3.6%
GLD SPDR Gold Shares 1.10% 30,893 $7.5M Reduce -1.8%
NVDA Nvidia Corp. 1.08% 54,621 $7.3M Add +10.7%
META Meta Platforms Inc. Class A 1.05% 12,234 $7.2M Add +4.8%
ROP Roper Technologies Inc. 0.96% 12,620 $6.6M Reduce -1.2%
WM Waste Management Inc. 0.82% 27,590 $5.6M Add +0.3%
NEE Nextera Energy Inc. 0.58% 54,948 $3.9M Add +0.8%
USB US Bancorp 0.56% 80,031 $3.8M Add +23.2%
CVX Chevron Corp. 0.56% 26,176 $3.8M Add +0.2%
JPM JPMorgan Chase & Co. 0.54% 15,314 $3.7M Add +2.7%
DFS Discover Financial Services 0.53% 20,765 $3.6M No change
GD General Dynamics Corp. 0.47% 12,059 $3.2M Add +6.8%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.43% 14,851 $2.9M Add +0.1%
IJR iShares Core S&P Small-Cap E 0.42% 24,574 $2.8M Add +10.3%
MRK Merck & Co. Inc. 0.40% 27,676 $2.8M Reduce -52.0%
XOM Exxon Mobil Corp. 0.40% 25,296 $2.7M Add +0.4%
PG The Procter & Gamble Co. 0.40% 16,206 $2.7M Reduce -1.2%
PFE Pfizer Inc. 0.37% 95,012 $2.5M Reduce -30.9%
SCHW Schwab (charles) Corp. 0.35% 31,934 $2.4M Reduce -0.5%
AZO AutoZone Inc. 0.33% 700 $2.2M No change
TGT Target Corp. 0.32% 16,240 $2.2M Add +8.1%
ABBV Abbvie Inc. 0.31% 11,834 $2.1M Reduce -3.6%
JNJ Johnson & Johnson 0.30% 14,114 $2.0M Reduce -10.3%
KMB Kimberly-Clark Corp. 0.27% 14,008 $1.8M Add +2.7%
MCD McDonald's Corp. 0.26% 6,128 $1.8M No change
LLY Eli Lilly & Co. 0.26% 2,300 $1.8M Add +0.9%
IWM iShares Russell 2000 ETF 0.25% 7,853 $1.7M Add +14.9%
MS Morgan Stanley 0.25% 13,470 $1.7M Reduce -0.4%
MRSH Marsh & McLennan Cos 0.24% 7,749 $1.6M Reduce -3.2%
VLUE iShares MSCI USA Value Facto 0.24% 15,580 $1.6M Add +0.1%
LOW Lowe's Cos Inc. 0.23% 6,442 $1.6M No change
VLTO Veralto Corp. 0.23% 15,565 $1.6M Reduce -3.6%
AEP American Electric Power 0.22% 16,325 $1.5M Reduce -1.5%
VEA Vanguard Ftse Developed ETF 0.22% 31,215 $1.5M Add +2.3%
WFC Wells Fargo & Co. 0.21% 20,213 $1.4M No change
VZ Verizon Communications Inc. 0.20% 34,234 $1.4M Add +2.3%
TMO Thermo Fisher Scientific Inc. 0.20% 2,582 $1.3M No change
DUK Duke Energy Corp. 0.19% 12,009 $1.3M Add +2.4%
SCHD Schwab US DVD Equity ETF 0.18% 44,485 $1.2M Add +43.1%
IWF iShares Russell 1000 Growth 0.18% 3,016 $1.2M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.18% 5,495 $1.2M Reduce -2.6%
MMM 3M Co. 0.17% 9,182 $1.2M No change
AMGN Amgen Inc. 0.17% 4,388 $1.1M Add +17.7%
KVUE Kenvue Inc. 0.16% 51,295 $1.1M Reduce -0.9%
ADBE Adobe Inc. 0.15% 2,315 $1.0M Reduce -1.5%
TSM Taiwan Semiconductor-SP ADR 0.15% 5,159 $1.0M No change
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.14% 2,875 $987K Add +293.8%
CSCO Cisco Systems Inc. 0.14% 16,385 $970K Add +4.8%
MDT Medtronic PLC 0.14% 11,970 $956K Add +5.7%
MO Altria Group Inc. 0.14% 18,249 $954K Add +1.8%
BMY Bristol-Myers Squibb Co. 0.14% 16,790 $950K Add +269.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.14% 1,608 $942K Add +1.8%
EOG EOG Resources Inc. 0.13% 7,332 $899K Reduce -1.1%
QQQ Invesco QQQ Trust Series 1 0.13% 1,715 $877K Add +2.7%
UNH Unitedhealth Group Inc. 0.12% 1,675 $847K Add +0.9%
AMD Advanced Micro Devices 0.11% 6,489 $784K No change
APD Air Products & Chemicals Inc. 0.11% 2,687 $779K No change
USMV iShares MSCI USA Min Vol Fac 0.11% 8,773 $779K Add +0.1%
SDY SS SPDR S&P Dividend ETF 0.11% 5,665 $748K No change
INTC Intel Corp. 0.11% 36,845 $739K Reduce -4.5%
KO The Coca-Cola Co. 0.11% 11,651 $725K No change
AXP American Express Co. 0.10% 2,406 $714K No change
IWO iShares Russell 2000 Growth 0.10% 2,475 $712K No change
ABT Abbott Laboratories 0.10% 5,921 $670K No change
FAST Fastenal Co. 0.10% 9,206 $662K Reduce -5.2%
DVY iShares Select Dividend ETF 0.10% 4,942 $649K No change
UPS United Parcel Service Class B 0.09% 4,885 $616K Reduce -44.1%
T AT&T Inc. 0.09% 26,863 $612K No change
XLK SS Technology Select Sector 0.09% 2,500 $581K No change
DE Deere & Co. 0.08% 1,300 $551K No change
MTUM iShares MSCI USA Momentum Fa 0.08% 2,650 $548K No change
COP Conocophillips 0.07% 5,005 $496K No change
TER Teradyne Inc. 0.07% 3,856 $486K No change
NKE Nike Inc. Class B 0.07% 6,400 $484K No change
CMCSA Comcast Corp. Class A 0.07% 12,367 $464K Reduce -12.7%
MDY State Street SPDR S&P Midcap 0.07% 798 $455K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.07% 1,600 $454K No change
DLN Wisdomtree US Largecap Divid 0.07% 5,800 $451K No change
HON Honeywell International Inc. 0.07% 1,970 $445K No change
QUAL iShares MSCI USA Quality Fac 0.06% 2,405 $428K No change
WEC WEC Energy Group Inc. 0.06% 4,482 $421K No change
WY Weyerhaeuser Co. 0.06% 14,519 $409K No change
SPG Simon Property Group Inc. 0.06% 2,316 $399K Add +30.0%
FIS Fidelity National Info Serv 0.06% 4,701 $380K No change
HOG Harley-Davidson Inc. 0.06% 12,529 $377K No change
TXN Texas Instruments Inc. 0.05% 1,995 $374K No change
APH Amphenol Corp. Class A 0.05% 5,000 $347K No change
VWO Vanguard Ftse Emerging Marke 0.05% 7,607 $335K Add +14.1%
IEMG iShares Core MSCI Emerging 0.05% 6,356 $332K Add +5.9%
ACN Accenture PLC Class A 0.05% 935 $329K No change
GE General Electric filed as GE AEROSPACE 0.04% 1,823 $304K No change
COF Capital One Financial Corp. 0.04% 1,496 $267K No change
MA Mastercard Inc. Class A 0.04% 498 $262K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.04% 2,145 $259K No change
PGX Invesco Preferred ETF 0.04% 22,405 $258K No change
RPM RPM International Inc. 0.04% 2,050 $252K No change
F Ford Motor Co. filed as FORD MTR CO 0.03% 24,050 $238K Reduce -16.4%
TSLA Tesla Inc. 0.03% 580 $234K New
ROK Rockwell Automation Inc. 0.03% 760 $217K No change
CL Colgate-Palmolive Co. 0.03% 2,381 $216K No change
IWB iShares Russell 1000 ETF 0.03% 622 $200K New
NEOG Neogen Corp. 0.02% 10,000 $121K No change

Portfolio Sells Q3 2024 → Q4 2024
MRK Merck & Co. Inc. Reduce -52.0% 0.40% −0.56
DHR Danaher Corp. Reduce -0.4% 2.00% −0.45
ELV Elevance Health Inc. Sold out 0.00% −0.45
SHW The Sherwin-Williams Co. Reduce -0.5% 1.71% −0.23
VYMI Vanguard Int High DVD YLD Inc. Reduce -1.0% 2.27% −0.23
PFE Pfizer Inc. Reduce -30.9% 0.37% −0.22
CAT Caterpillar Inc. Reduce -1.1% 2.02% −0.20
PEP Pepsico Inc. Reduce -2.0% 1.25% −0.19
HD Home Depot Inc. Reduce -0.1% 3.33% −0.17
CSX CSX Corp. Reduce -0.3% 1.40% −0.11
XLE SS Energy Select Sector Reduce -3.4% 1.48% −0.10
ROP Roper Technologies Inc. Reduce -1.2% 0.96% −0.09
UPS United Parcel Service Class B Reduce -44.1% 0.09% −0.09
CVS CVS Health Corp. Sold out 0.00% −0.08
JNJ Johnson & Johnson Reduce -10.3% 0.30% −0.08
SYY Sysco Corp. Sold out 0.00% −0.05
ABBV Abbvie Inc. Reduce -3.6% 0.31% −0.05
LYB Lyondellbasell Indu Class A Sold out 0.00% −0.04
VLTO Veralto Corp. Reduce -3.6% 0.23% −0.03
GLD SPDR Gold Shares Reduce -1.8% 1.10% −0.03
CTAS Cintas Corp. Sold out 0.00% −0.03
AEP American Electric Power Reduce -1.5% 0.22% −0.03
VNQ Vanguard Real Estate ETF Sold out 0.00% −0.03
ADBE Adobe Inc. Reduce -1.5% 0.15% −0.03
INTC Intel Corp. Reduce -4.5% 0.11% −0.03
MRSH Marsh & McLennan Cos Reduce -3.2% 0.24% −0.02
PG The Procter & Gamble Co. Reduce -1.2% 0.40% −0.02
CMCSA Comcast Corp. Class A Reduce -12.7% 0.07% −0.02
KVUE Kenvue Inc. Reduce -0.9% 0.16% −0.02
F Ford Motor Co. Reduce -16.4% 0.03% −0.01
IBM Intl Business Machines Corp. Reduce -2.6% 0.18% −0.01
FAST Fastenal Co. Reduce -5.2% 0.10% −0.01
EOG EOG Resources Inc. Reduce -1.1% 0.13% −0.00
TLRY Tilray Brands Inc. Sold out 0.00% −0.00
SCHW Schwab (charles) Corp. Reduce -0.5% 0.35% +0.04
MS Morgan Stanley Reduce -0.4% 0.25% +0.04
BLK BlackRock Inc. Reduce -0.2% 2.11% +0.14
BAC Bank of America Corp. Reduce -0.3% 1.82% +0.16
EMR Emerson Electric Co. Reduce -0.8% 1.59% +0.16
WMT Walmart Inc. Reduce -1.5% 2.22% +0.19
GOOGL Alphabet Inc. Class A Reduce -0.7% 1.90% +0.21
V Visa Inc. Class A Reduce -2.7% 3.24% +0.32
FISV Fiserv Inc. Reduce -0.6% 3.55% +0.40
AAPL Apple Inc. Reduce -1.1% 11.84% +0.61

Portfolio Buys Q3 2024 → Q4 2024
AVGO Broadcom Inc. Add +1.9% 2.60% +0.69
GOOG Alphabet Inc. Class C Add +0.6% 4.50% +0.54
AMZN Amazon.com Inc. Add +6.8% 1.64% +0.33
NVDA Nvidia Corp. Add +10.7% 1.08% +0.19
DIS The Walt Disney Co. Add +3.6% 1.15% +0.18
USB US Bancorp Add +23.2% 0.56% +0.12
VOO Vanguard S&P 500 ETF Add +5.8% 1.71% +0.11
MGK Vngrd Mrgstr MG CP GR ETF-Ui Add +293.8% 0.14% +0.11
BMY Bristol-Myers Squibb Co. Add +269.4% 0.14% +0.10
JPM JPMorgan Chase & Co. Add +2.7% 0.54% +0.07
COST Costco Wholesale Corp. Add +3.1% 1.27% +0.07
META Meta Platforms Inc. Class A Add +4.8% 1.05% +0.06
ADP Automatic Data Processing Add +0.3% 1.22% +0.06
SCHD Schwab US DVD Equity ETF Add +43.1% 0.18% +0.05
TSLA Tesla Inc. New 0.03% +0.03
IWM iShares Russell 2000 ETF Add +14.9% 0.25% +0.03
VIG Vanguard Dividend Apprec ETF Add +3.8% 1.68% +0.03
IJR iShares Core S&P Small-Cap E Add +10.3% 0.42% +0.03
IWB iShares Russell 1000 ETF New 0.03% +0.03
CSCO Cisco Systems Inc. Add +4.8% 0.14% +0.02
GWW WW Grainger Inc. Add +0.0% 2.08% +0.02
SPG Simon Property Group Inc. Add +30.0% 0.06% +0.01
QQQ Invesco QQQ Trust Series 1 Add +2.7% 0.13% +0.01
MO Altria Group Inc. Add +1.8% 0.14% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +1.8% 0.14% +0.00
VWO Vanguard Ftse Emerging Marke Add +14.1% 0.05% +0.00
IEMG iShares Core MSCI Emerging Add +5.9% 0.05% −0.00
USMV iShares MSCI USA Min Vol Fac Add +0.1% 0.11% −0.00
VBR Vngrd Mrngst SL-CP Val ETF-U Add +0.1% 0.43% −0.01
VLUE iShares MSCI USA Value Facto Add +0.1% 0.24% −0.01
AMGN Amgen Inc. Add +17.7% 0.17% −0.01
DUK Duke Energy Corp. Add +2.4% 0.19% −0.01
MDT Medtronic PLC Add +5.7% 0.14% −0.01
CVX Chevron Corp. Add +0.2% 0.56% −0.01
KMB Kimberly-Clark Corp. Add +2.7% 0.27% −0.02
BRK.B Berkshire Hathaway Inc. Class B Add +0.8% 1.24% −0.02
VEA Vanguard Ftse Developed ETF Add +2.3% 0.22% −0.02
UNH Unitedhealth Group Inc. Add +0.9% 0.12% −0.02
VZ Verizon Communications Inc. Add +2.3% 0.20% −0.02
TGT Target Corp. Add +8.1% 0.32% −0.02
WM Waste Management Inc. Add +0.3% 0.82% −0.03
XOM Exxon Mobil Corp. Add +0.4% 0.40% −0.04
LLY Eli Lilly & Co. Add +0.9% 0.26% −0.04
GD General Dynamics Corp. Add +6.8% 0.47% −0.04
RTX RTX Corp. Add +0.3% 1.44% −0.07
EG Everest Group Ltd. Add +1.6% 1.28% −0.09
NEE Nextera Energy Inc. Add +0.8% 0.58% −0.10
CB Chubb Ltd. Add +0.1% 2.14% −0.11
MSFT Microsoft Corp. Add +0.7% 5.25% −0.12
LIN Linde PLC Add +1.3% 1.33% −0.18

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 127$737.8MAAPL, GOOG, VYMI, CAT, MSFT
Q1 2026 126$668.3MAAPL, VYMI, GOOG, MSFT, CAT
Q4 2025 131$713.7MAAPL, GOOG, MSFT, VYMI, NVDA
Q3 2025 138$709.9MAAPL, MSFT, GOOG, VYMI, NVDA
Q2 2025 132$684.3MAAPL, MSFT, GOOG, V, NVDA
Q1 2025 129$649.8MAAPL, MSFT, FISV, GOOG, V
Q4 2024 134$682.0MAAPL, MSFT, GOOG, FISV, HD
Q3 2024 139$676.9MAAPL, MSFT, GOOG, HD, FISV
Q2 2024 136$640.8MAAPL, MSFT, GOOG, HD, V
Q1 2024 137$630.1MAAPL, MSFT, GOOG, HD, V