LVM Capital Management Ltd.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 16, 2024), LVM Capital Management Ltd. reported 142 stock positions worth $878.8 million. Its top holding was Apple (AAPL) at 9.7% of the portfolio, followed by Microsoft (MSFT, 9.2%) and Broadcom (AVGO, 7.1%). Compared with Q1 2024, it opened 13 new positions, sold out of 12, added to 49 and reduced 52. The biggest buy was a new position in Palo Alto Networks (PANW) and the biggest sale Toronto-Dominion Bank (TD, shares −63%).
- Most Recent 13F
- Q2 2026
- Location
- PORTAGE, MI
- CIK
- 0001053054
- Portfolio Value
- $878.8M (Q2 2024)
- SEC Filing
- 0001053054-24-000003 ↗ filed Jul 16, 2024
Holdings Value
Holdings 142 stocks · $878.8M
| AAPL Apple Inc. | 9.69% | 404,507 | $85.2M | Reduce -2.1% |
| MSFT Microsoft Corp. | 9.15% | 180,001 | $80.5M | Reduce -2.1% |
| AVGO Broadcom Inc. | 7.15% | 39,135 | $62.8M | Reduce -3.2% |
| LLY Eli Lilly & Co. | 3.81% | 37,028 | $33.5M | Reduce -2.1% |
| PG The Procter & Gamble Co. | 3.43% | 182,533 | $30.1M | Add +0.1% |
| XOM Exxon Mobil Corp. | 3.18% | 243,049 | $28.0M | Add +0.4% |
| ABBV Abbvie Inc. | 3.05% | 156,381 | $26.8M | Reduce -1.2% |
| GOOGL Alphabet Inc. Class A | 2.89% | 139,403 | $25.4M | Reduce -0.3% |
| DGRW Wisdomtree U.S. Quality Divi | 2.60% | 293,297 | $22.9M | Add +4.0% |
| JNJ Johnson & Johnson | 2.52% | 151,260 | $22.1M | Add +0.0% |
| HD Home Depot Inc. | 2.31% | 59,088 | $20.3M | Reduce -0.3% |
| AXP American Express Co. | 2.21% | 83,787 | $19.4M | Reduce -0.2% |
| CSCO Cisco Systems Inc. | 2.20% | 406,444 | $19.3M | Reduce -0.9% |
| MS Morgan Stanley | 2.18% | 196,837 | $19.1M | Reduce -3.7% |
| AMGN Amgen Inc. | 2.14% | 60,161 | $18.8M | Add +0.5% |
| AMAT Applied Materials Inc. | 2.13% | 79,328 | $18.7M | Add +0.1% |
| ICLR Icon PLC | 2.10% | 58,855 | $18.4M | Reduce -0.5% |
| CVX Chevron Corp. | 1.81% | 101,778 | $15.9M | Add +5.6% |
| LMT Lockheed Martin Corp. | 1.78% | 33,531 | $15.7M | Add +0.7% |
| VRTX Vertex Pharmaceuticals Inc. | 1.60% | 30,013 | $14.1M | Reduce -1.3% |
| NOC Northrop Grumman Corp. | 1.54% | 31,132 | $13.6M | Reduce -0.0% |
| SYK Stryker Corp. | 1.46% | 37,814 | $12.9M | Reduce -1.9% |
| IAU iShares Gold Trust | 1.43% | 285,170 | $12.5M | Add +3.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.39% | 22,427 | $12.2M | Add +0.7% |
| CRM Salesforce Inc. | 1.31% | 44,758 | $11.5M | Add +2.2% |
| IDA Idacorp Inc. | 1.28% | 121,166 | $11.3M | Add +0.1% |
| HSY The Hershey Co. | 1.27% | 60,750 | $11.2M | Reduce -1.4% |
| KR Kroger Co. | 1.26% | 222,173 | $11.1M | Reduce -1.8% |
| NVT Nvent Electric PLC | 1.22% | 139,872 | $10.7M | Add +6.6% |
| HUBB Hubbell Inc. | 1.10% | 26,530 | $9.7M | Add +14.1% |
| PFE Pfizer Inc. | 1.07% | 334,605 | $9.4M | Reduce -3.2% |
| DLR Digital Realty Trust Inc. | 0.87% | 50,146 | $7.6M | Reduce -4.5% |
| WM Waste Management Inc. | 0.74% | 30,590 | $6.5M | No change |
| PANW Palo Alto Networks Inc. | 0.71% | 18,470 | $6.3M | New |
| SBUX Starbucks Corp. | 0.70% | 79,455 | $6.2M | Add +6.1% |
| DGRS Wisdomtree U.S. Smallcap Qua | 0.68% | 127,733 | $6.0M | Add +2.4% |
| O Realty Income Corp. | 0.60% | 100,605 | $5.3M | Reduce -1.5% |
| FTNT Fortinet Inc. | 0.56% | 81,120 | $4.9M | New |
| PEP Pepsico Inc. | 0.52% | 27,714 | $4.6M | Add +3.8% |
| EOG EOG Resources Inc. | 0.50% | 34,771 | $4.4M | Add +13.7% |
| MO Altria Group Inc. | 0.48% | 93,005 | $4.2M | Reduce -10.7% |
| IXUS iShares Core Intl Stock ETF | 0.47% | 61,620 | $4.2M | Add +6.9% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.47% | 62,709 | $4.2M | Reduce -2.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 40,986 | $4.1M | Reduce -3.8% |
| DHS Wisdomtree US High Dividend | 0.44% | 46,137 | $3.9M | Reduce -0.9% |
| ABT Abbott Laboratories | 0.39% | 33,184 | $3.4M | Reduce -0.7% |
| SCHD Schwab US DVD Equity ETF | 0.35% | 39,993 | $3.1M | Add +2.0% |
| SYY Sysco Corp. | 0.35% | 43,457 | $3.1M | Add +0.7% |
| PM Philip Morris International | 0.29% | 25,204 | $2.6M | Reduce -14.8% |
| JPM JPMorgan Chase & Co. | 0.29% | 12,560 | $2.5M | Reduce -4.1% |
| MDT Medtronic PLC | 0.29% | 31,941 | $2.5M | Reduce -9.9% |
| XLK SS Technology Select Sector | 0.26% | 10,083 | $2.3M | Add +0.7% |
| TD Toronto-Dominion Bank | 0.24% | 38,791 | $2.1M | Reduce -62.9% |
| GOOG Alphabet Inc. Class C | 0.23% | 11,060 | $2.0M | Reduce -8.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.22% | 11,304 | $2.0M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.21% | 4,615 | $1.9M | Reduce -0.1% |
| KO The Coca-Cola Co. | 0.21% | 28,569 | $1.8M | Reduce -5.2% |
| CMA Comerica Inc. | 0.20% | 34,307 | $1.8M | No change |
| MRK Merck & Co. Inc. | 0.19% | 13,311 | $1.6M | Add +0.3% |
| NEE Nextera Energy Inc. | 0.18% | 21,964 | $1.6M | Reduce -36.8% |
| CASY Casey's General Stores Inc. | 0.17% | 3,890 | $1.5M | No change |
| INTC Intel Corp. | 0.17% | 46,817 | $1.4M | Add +0.5% |
| UNH Unitedhealth Group Inc. | 0.16% | 2,699 | $1.4M | No change |
| GLD SPDR Gold Shares | 0.15% | 6,125 | $1.3M | Add +4.3% |
| T AT&T Inc. | 0.14% | 63,665 | $1.2M | Add +127.1% |
| NVDA Nvidia Corp. | 0.12% | 8,720 | $1.1M | Reduce -4.9% |
| IQLT iShares MSCI International Q | 0.12% | 26,505 | $1.0M | Add +10.8% |
| IJH iShares Core S&P Midcap ETF | 0.12% | 17,469 | $1.0M | Reduce -0.0% |
| XLV SS Health Care Select Sector | 0.12% | 6,985 | $1.0M | Reduce -0.2% |
| COST Costco Wholesale Corp. | 0.11% | 1,184 | $1.0M | Add +167.9% |
| CTAS Cintas Corp. | 0.11% | 1,396 | $978K | No change |
| AMZN Amazon.com Inc. | 0.11% | 4,963 | $959K | Reduce -3.9% |
| MCD McDonald's Corp. | 0.10% | 3,582 | $913K | Add +0.5% |
| NOBL Proshares S&P 500 Dividend A | 0.10% | 9,015 | $867K | No change |
| DG Dollar General Corp. | 0.10% | 6,456 | $854K | Reduce -44.5% |
| RTX RTX Corp. | 0.09% | 8,291 | $832K | Add +2.6% |
| USB US Bancorp | 0.09% | 20,724 | $823K | New |
| SMH Vaneck Semiconductor ETF | 0.09% | 3,125 | $815K | Reduce -0.8% |
| ORCL Oracle Corp. | 0.09% | 5,734 | $810K | Add +16.8% |
| HON Honeywell International Inc. | 0.09% | 3,778 | $807K | New |
| FISV Fiserv Inc. | 0.09% | 5,400 | $805K | Reduce -0.5% |
| PHYS Sprott Physical Gold Trust | 0.09% | 43,675 | $789K | No change |
| DE Deere & Co. | 0.09% | 2,100 | $785K | No change |
| AMT American Tower Corp. | 0.09% | 3,932 | $764K | Reduce -9.8% |
| MMM 3M Co. | 0.09% | 7,446 | $761K | Reduce -1.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.08% | 18,733 | $745K | Reduce -1.7% |
| CNI Canadian Natl Railway Co. | 0.08% | 6,300 | $744K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.08% | 4,046 | $739K | Add +46.0% |
| IJR iShares Core S&P Small-Cap E | 0.08% | 6,803 | $726K | Reduce -0.2% |
| MPWR Monolithic Power Systems Inc. | 0.08% | 839 | $689K | New |
| TRV The Travelers Cos Inc. | 0.08% | 3,374 | $686K | Add +0.5% |
| CAT Caterpillar Inc. | 0.08% | 2,025 | $675K | Reduce -6.3% |
| CNP Centerpoint Energy Inc. | 0.08% | 21,550 | $668K | New |
| PSX Phillips 66 | 0.08% | 4,722 | $667K | Add +0.6% |
| REGN Regeneron Pharmaceuticals | 0.08% | 629 | $661K | New |
| TMO Thermo Fisher Scientific Inc. | 0.07% | 1,161 | $642K | Add +9.4% |
| BBY Best Buy Co. Inc. | 0.07% | 7,515 | $633K | New |
| BRK.A Berkshire Hathaway Inc. Class A | 0.07% | 1 | $612K | No change |
| KMB Kimberly-Clark Corp. | 0.07% | 4,425 | $612K | Add +7.3% |
| ADP Automatic Data Processing | 0.07% | 2,559 | $611K | Add +0.6% |
Portfolio Sells Q1 2024 → Q2 2024
| TD Toronto-Dominion Bank | Reduce -62.9% | 0.24% | −0.50 |
| HD Home Depot Inc. | Reduce -0.3% | 2.31% | −0.37 |
| ABBV Abbvie Inc. | Reduce -1.2% | 3.05% | −0.35 |
| KR Kroger Co. | Reduce -1.8% | 1.26% | −0.26 |
| ICLR Icon PLC | Reduce -0.5% | 2.10% | −0.25 |
| CSCO Cisco Systems Inc. | Reduce -0.9% | 2.20% | −0.22 |
| NOC Northrop Grumman Corp. | Reduce -0.0% | 1.54% | −0.22 |
| SYK Stryker Corp. | Reduce -1.9% | 1.46% | −0.17 |
| DIS The Walt Disney Co. | Reduce -3.8% | 0.46% | −0.15 |
| HSY The Hershey Co. | Reduce -1.4% | 1.27% | −0.14 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.12 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.12 |
| DG Dollar General Corp. | Reduce -44.5% | 0.10% | −0.12 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.11 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.10 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.10 |
| MS Morgan Stanley | Reduce -3.7% | 2.18% | −0.10 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.09 |
| LYV Live Nation Entertainment Inc. | Sold out | 0.00% | −0.09 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.09 |
| NEE Nextera Energy Inc. | Reduce -36.8% | 0.18% | −0.09 |
| MDT Medtronic PLC | Reduce -9.9% | 0.29% | −0.08 |
| PFE Pfizer Inc. | Reduce -3.2% | 1.07% | −0.07 |
| ABT Abbott Laboratories | Reduce -0.7% | 0.39% | −0.06 |
| MO Altria Group Inc. | Reduce -10.7% | 0.48% | −0.05 |
| AXP American Express Co. | Reduce -0.2% | 2.21% | −0.05 |
| O Realty Income Corp. | Reduce -1.5% | 0.60% | −0.05 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -0.2% | 0.22% | −0.03 |
| DHS Wisdomtree US High Dividend | Reduce -0.9% | 0.44% | −0.03 |
| PM Philip Morris International | Reduce -14.8% | 0.29% | −0.03 |
| DLR Digital Realty Trust Inc. | Reduce -4.5% | 0.87% | −0.03 |
| UVV Universal Corp. | Sold out | 0.00% | −0.02 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -4.1% | 0.29% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -26.1% | 0.04% | −0.02 |
| CAT Caterpillar Inc. | Reduce -6.3% | 0.08% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 0.21% | −0.02 |
| GNTX Gentex Corp. | Reduce -18.4% | 0.04% | −0.02 |
| AMT American Tower Corp. | Reduce -9.8% | 0.09% | −0.01 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -2.3% | 0.47% | −0.01 |
| KO The Coca-Cola Co. | Reduce -5.2% | 0.21% | −0.01 |
| FISV Fiserv Inc. | Reduce -0.5% | 0.09% | −0.01 |
| GIS General Mills Inc. | Reduce -3.8% | 0.06% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.0% | 0.12% | −0.01 |
| MMM 3M Co. | Reduce -1.8% | 0.09% | −0.01 |
| V Visa Inc. Class A | Reduce -2.9% | 0.06% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.2% | 0.08% | −0.01 |
| XLV SS Health Care Select Sector | Reduce -0.2% | 0.12% | −0.01 |
| DTH Wisdomtree International Hig | Reduce -5.3% | 0.03% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| PANW Palo Alto Networks Inc. | New | 0.71% | +0.71 |
| FTNT Fortinet Inc. | New | 0.56% | +0.56 |
| AMAT Applied Materials Inc. | Add +0.1% | 2.13% | +0.20 |
| AMGN Amgen Inc. | Add +0.5% | 2.14% | +0.13 |
| USB US Bancorp | New | 0.09% | +0.09 |
| HON Honeywell International Inc. | New | 0.09% | +0.09 |
| T AT&T Inc. | Add +127.1% | 0.14% | +0.08 |
| MPWR Monolithic Power Systems Inc. | New | 0.08% | +0.08 |
| COST Costco Wholesale Corp. | Add +167.9% | 0.11% | +0.08 |
| CNP Centerpoint Energy Inc. | New | 0.08% | +0.08 |
| REGN Regeneron Pharmaceuticals | New | 0.08% | +0.08 |
| BBY Best Buy Co. Inc. | New | 0.07% | +0.07 |
| IP International Paper Co. | New | 0.07% | +0.07 |
| DGRW Wisdomtree U.S. Quality Divi | Add +4.0% | 2.60% | +0.07 |
| IAU iShares Gold Trust | Add +3.7% | 1.43% | +0.06 |
| ADBE Adobe Inc. | New | 0.06% | +0.06 |
| NVT Nvent Electric PLC | Add +6.6% | 1.22% | +0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.05% | +0.05 |
| VOO Vanguard S&P 500 ETF | New | 0.04% | +0.04 |
| EOG EOG Resources Inc. | Add +13.7% | 0.50% | +0.04 |
| SPGI S&P Global Inc. | New | 0.03% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +46.0% | 0.08% | +0.02 |
| ORCL Oracle Corp. | Add +16.8% | 0.09% | +0.02 |
| CVX Chevron Corp. | Add +5.6% | 1.81% | +0.02 |
| XLK SS Technology Select Sector | Add +0.7% | 0.26% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.7% | 1.39% | +0.01 |
| IXUS iShares Core Intl Stock ETF | Add +6.9% | 0.47% | +0.01 |
| IWF iShares Russell 1000 Growth | Add +8.8% | 0.07% | +0.01 |
| GLD SPDR Gold Shares | Add +4.3% | 0.15% | +0.01 |
| APD Air Products & Chemicals Inc. | Add +24.6% | 0.03% | +0.01 |
| KMB Kimberly-Clark Corp. | Add +7.3% | 0.07% | +0.01 |
| IQLT iShares MSCI International Q | Add +10.8% | 0.12% | +0.01 |
| WMT Walmart Inc. | Add +4.6% | 0.04% | +0.00 |
| RTX RTX Corp. | Add +2.6% | 0.09% | +0.00 |
| SRE Sempra | Add +0.9% | 0.06% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +1.1% | 0.05% | +0.00 |
| TMO Thermo Fisher Scientific Inc. | Add +9.4% | 0.07% | +0.00 |
| YUM Yum! Brands Inc. | Add +8.9% | 0.04% | 0.00 |
| GD General Dynamics Corp. | Add +0.5% | 0.03% | −0.00 |
| PNC PNC Financial Services Group | Add +6.8% | 0.07% | −0.00 |
| ETN Eaton Corp. PLC | Add +1.3% | 0.06% | −0.00 |
| VZ Verizon Communications Inc. | Add +1.2% | 0.05% | −0.00 |
| ADP Automatic Data Processing | Add +0.6% | 0.07% | −0.01 |
| CLX Clorox Company | Add +3.0% | 0.05% | −0.01 |
| LMT Lockheed Martin Corp. | Add +0.7% | 1.78% | −0.01 |
| FAST Fastenal Co. | Add +0.4% | 0.03% | −0.01 |
| TRV The Travelers Cos Inc. | Add +0.5% | 0.08% | −0.01 |
| MCD McDonald's Corp. | Add +0.5% | 0.10% | −0.01 |
| PSX Phillips 66 | Add +0.6% | 0.08% | −0.01 |
| MRK Merck & Co. Inc. | Add +0.3% | 0.19% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 163 | $1.2B | AAPL, AVGO, MSFT, LLY, AMAT |
| Q1 2026 | 160 | $1.1B | AAPL, AVGO, MSFT, LLY, XOM |
| Q4 2025 | 161 | $1.1B | AAPL, AVGO, MSFT, LLY, GOOGL |
| Q3 2025 | 165 | $1.0B | AAPL, MSFT, AVGO, LLY, ABBV |
| Q2 2025 | 154 | $964.2M | MSFT, AAPL, AVGO, LLY, ABBV |
| Q1 2025 | 151 | $898.1M | AAPL, MSFT, AVGO, LLY, ABBV |
| Q4 2024 | 155 | $929.8M | AAPL, AVGO, MSFT, LLY, PG |
| Q3 2024 | 142 | $878.8M | AAPL, MSFT, AVGO, LLY, PG |
| Q2 2024 | 142 | $878.8M | AAPL, MSFT, AVGO, LLY, PG |
| Q1 2024 | 141 | $846.6M | MSFT, AAPL, AVGO, PG, LLY |