LVM Capital Management Ltd.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 3, 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 Q2 2024, it reduced 2. The biggest sale was Broadcom (AVGO, shares −90%).

Most Recent 13F
Q2 2026
Location
PORTAGE, MI
CIK
0001053054
Portfolio Value
$878.8M (Q3 2024)
SEC Filing
0001053054-24-000004 ↗ filed Oct 3, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $846.6M Q1 2024 Q2 2024: $878.8M Q2 2024 Q3 2024: $878.8M $878.8M Q3 2024 Q4 2024: $929.8M Q4 2024 Q1 2025: $898.1M Q1 2025 Q2 2025: $964.2M Q2 2025 Q3 2025: $1.0B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 142 stocks · $878.8M
AAPL Apple Inc. 9.69% 404,507 $85.2M No change
MSFT Microsoft Corp. 9.15% 180,001 $80.5M No change
AVGO Broadcom Inc. 7.15% 39,135 $62.8M Reduce -90.0%
LLY Eli Lilly & Co. 3.81% 37,028 $33.5M No change
PG The Procter & Gamble Co. 3.43% 182,533 $30.1M No change
XOM Exxon Mobil Corp. 3.18% 243,049 $28.0M No change
ABBV Abbvie Inc. 3.05% 156,381 $26.8M No change
GOOGL Alphabet Inc. Class A 2.89% 139,403 $25.4M No change
DGRW Wisdomtree U.S. Quality Divi 2.60% 293,297 $22.9M No change
JNJ Johnson & Johnson 2.52% 151,260 $22.1M No change
HD Home Depot Inc. 2.31% 59,088 $20.3M No change
AXP American Express Co. 2.21% 83,787 $19.4M No change
CSCO Cisco Systems Inc. 2.20% 406,444 $19.3M No change
MS Morgan Stanley 2.18% 196,837 $19.1M No change
AMGN Amgen Inc. 2.14% 60,161 $18.8M No change
AMAT Applied Materials Inc. 2.13% 79,328 $18.7M No change
ICLR Icon PLC 2.10% 58,855 $18.4M No change
CVX Chevron Corp. 1.81% 101,778 $15.9M No change
LMT Lockheed Martin Corp. 1.78% 33,531 $15.7M No change
VRTX Vertex Pharmaceuticals Inc. 1.60% 30,013 $14.1M No change
NOC Northrop Grumman Corp. 1.54% 31,132 $13.6M No change
SYK Stryker Corp. 1.46% 37,814 $12.9M No change
IAU iShares Gold Trust 1.43% 285,170 $12.5M No change
SPY SS SPDR S&P 500 ETF Trust-US 1.39% 22,427 $12.2M No change
CRM Salesforce Inc. 1.31% 44,758 $11.5M No change
IDA Idacorp Inc. 1.28% 121,166 $11.3M No change
HSY The Hershey Co. 1.27% 60,750 $11.2M No change
KR Kroger Co. 1.26% 222,173 $11.1M No change
NVT Nvent Electric PLC 1.22% 139,872 $10.7M No change
HUBB Hubbell Inc. 1.10% 26,530 $9.7M No change
PFE Pfizer Inc. 1.07% 334,605 $9.4M No change
DLR Digital Realty Trust Inc. 0.87% 50,146 $7.6M No change
WM Waste Management Inc. 0.74% 30,590 $6.5M No change
PANW Palo Alto Networks Inc. 0.71% 18,470 $6.3M No change
SBUX Starbucks Corp. 0.70% 79,455 $6.2M No change
DGRS Wisdomtree U.S. Smallcap Qua 0.68% 127,733 $6.0M No change
O Realty Income Corp. 0.60% 100,605 $5.3M No change
FTNT Fortinet Inc. 0.56% 81,120 $4.9M No change
PEP Pepsico Inc. 0.52% 27,714 $4.6M No change
EOG EOG Resources Inc. 0.50% 34,771 $4.4M No change
MO Altria Group Inc. 0.48% 93,005 $4.2M No change
IXUS iShares Core Intl Stock ETF 0.47% 61,620 $4.2M No change
SPTM SS SPDR P S&P 1500 Comp ETF 0.47% 62,709 $4.2M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.46% 40,986 $4.1M No change
DHS Wisdomtree US High Dividend 0.44% 46,137 $3.9M No change
ABT Abbott Laboratories 0.39% 33,184 $3.4M No change
SCHD Schwab US DVD Equity ETF 0.35% 39,993 $3.1M No change
SYY Sysco Corp. 0.35% 43,457 $3.1M No change
PM Philip Morris International 0.29% 25,204 $2.6M No change
JPM JPMorgan Chase & Co. 0.29% 12,560 $2.5M No change
MDT Medtronic PLC 0.29% 31,941 $2.5M No change
XLK SS Technology Select Sector 0.26% 10,083 $2.3M No change
TD Toronto-Dominion Bank 0.24% 38,791 $2.1M No change
GOOG Alphabet Inc. Class C 0.23% 11,060 $2.0M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.22% 11,304 $2.0M No change
BRK.B Berkshire Hathaway Inc. Class B 0.21% 4,615 $1.9M No change
KO The Coca-Cola Co. 0.21% 28,569 $1.8M No change
CMA Comerica Inc. 0.20% 34,307 $1.8M No change
MRK Merck & Co. Inc. 0.19% 13,311 $1.6M No change
NEE Nextera Energy Inc. 0.18% 21,964 $1.6M No change
CASY Casey's General Stores Inc. 0.17% 3,890 $1.5M No change
INTC Intel Corp. 0.17% 46,817 $1.4M No change
UNH Unitedhealth Group Inc. 0.16% 2,699 $1.4M No change
GLD SPDR Gold Shares 0.15% 6,125 $1.3M No change
T AT&T Inc. 0.14% 63,665 $1.2M No change
NVDA Nvidia Corp. 0.12% 8,720 $1.1M No change
IQLT iShares MSCI International Q 0.12% 26,505 $1.0M No change
IJH iShares Core S&P Midcap ETF 0.12% 17,469 $1.0M No change
XLV SS Health Care Select Sector 0.12% 6,985 $1.0M No change
COST Costco Wholesale Corp. 0.11% 1,184 $1.0M No change
CTAS Cintas Corp. 0.11% 1,396 $978K Reduce -75.0%
AMZN Amazon.com Inc. 0.11% 4,963 $959K No change
MCD McDonald's Corp. 0.10% 3,582 $913K No change
NOBL Proshares S&P 500 Dividend A 0.10% 9,015 $867K No change
DG Dollar General Corp. 0.10% 6,456 $854K No change
RTX RTX Corp. 0.09% 8,291 $832K No change
USB US Bancorp 0.09% 20,724 $823K No change
SMH Vaneck Semiconductor ETF 0.09% 3,125 $815K No change
ORCL Oracle Corp. 0.09% 5,734 $810K No change
HON Honeywell International Inc. 0.09% 3,778 $807K No change
FISV Fiserv Inc. 0.09% 5,400 $805K No change
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 No change
MMM 3M Co. 0.09% 7,446 $761K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.08% 18,733 $745K No change
CNI Canadian Natl Railway Co. 0.08% 6,300 $744K No change
VIG Vanguard Dividend Apprec ETF 0.08% 4,046 $739K No change
IJR iShares Core S&P Small-Cap E 0.08% 6,803 $726K No change
MPWR Monolithic Power Systems Inc. 0.08% 839 $689K No change
TRV The Travelers Cos Inc. 0.08% 3,374 $686K No change
CAT Caterpillar Inc. 0.08% 2,025 $675K No change
CNP Centerpoint Energy Inc. 0.08% 21,550 $668K No change
PSX Phillips 66 0.08% 4,722 $667K No change
REGN Regeneron Pharmaceuticals 0.08% 629 $661K No change
TMO Thermo Fisher Scientific Inc. 0.07% 1,161 $642K No change
BBY Best Buy Co. Inc. 0.07% 7,515 $633K No change
BRK.A Berkshire Hathaway Inc. Class A 0.07% 1 $612K No change
KMB Kimberly-Clark Corp. 0.07% 4,425 $612K No change
ADP Automatic Data Processing 0.07% 2,559 $611K No change
IP International Paper Co. 0.07% 14,170 $611K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.07% 16,650 $584K No change
IWF iShares Russell 1000 Growth 0.07% 1,588 $579K No change
PNC PNC Financial Services Group 0.07% 3,679 $572K No change
AZN Astrazeneca PLC-Spons ADR 0.06% 7,300 $569K No change
BMY Bristol-Myers Squibb Co. 0.06% 13,550 $563K No change
ADBE Adobe Inc. 0.06% 956 $531K No change
V Visa Inc. Class A 0.06% 1,967 $516K No change
TDIV FT Nasdaq Tech DVD Index FD 0.06% 6,780 $513K No change
ETN Eaton Corp. PLC 0.06% 1,602 $502K No change
SRE Sempra 0.06% 6,522 $496K No change
GIS General Mills Inc. 0.06% 7,658 $484K No change
CLX Clorox Company 0.05% 3,446 $470K No change
VWO Vanguard Ftse Emerging Marke 0.05% 10,563 $462K No change
VZ Verizon Communications Inc. 0.05% 10,683 $441K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.05% 1,126 $421K No change
DUK Duke Energy Corp. 0.05% 3,955 $396K No change
BF.B Brown-Forman Corp. Class B 0.04% 8,905 $385K No change
GNTX Gentex Corp. 0.04% 11,050 $372K No change
VOO Vanguard S&P 500 ETF 0.04% 733 $366K No change
META Meta Platforms Inc. Class A 0.04% 705 $355K No change
XLY SS Consumer Disc Select Sect 0.04% 1,893 $345K No change
WMT Walmart Inc. 0.04% 5,091 $345K No change
YUM Yum! Brands Inc. 0.04% 2,442 $323K No change
MA Mastercard Inc. Class A 0.04% 710 $313K No change
IVV iShares Core S&P 500 ETF 0.04% 571 $312K No change
CL Colgate-Palmolive Co. 0.04% 3,200 $311K No change
CHD Church & Dwight Co. Inc. 0.03% 2,864 $297K No change
SPGI S&P Global Inc. 0.03% 638 $285K No change
FAST Fastenal Co. 0.03% 4,517 $284K No change
APD Air Products & Chemicals Inc. 0.03% 1,072 $277K No change
DTH Wisdomtree International Hig 0.03% 6,280 $241K No change
GD General Dynamics Corp. 0.03% 779 $226K No change
K Kellanova 0.02% 3,600 $208K No change
BA The Boeing Co. 0.02% 1,133 $206K No change
EES Wisdomtree US Smallcap Fund 0.02% 4,310 $203K No change
ATOS Atossa Therapeutics Inc. 0.00% 21,000 $25K No change
VXRT Vaxart Inc. 0.00% 12,500 $8K No change
ECCI Ecoloclean Industries Inc. 0.00% 26,300 $0 No change
IGPG Ignis Petroleum Group Inc. filed as GNIS PETROLEUM 0.00% 22,000 $0 No change
FRBKQ Republic First Bancorp Inc. 0.00% 50,000 $0 No change
WEBB INTERACT SERVICES 0.00% 303,575 $0 No change

Portfolio Sells Q2 2024 → Q3 2024
AVGO Broadcom Inc. Reduce -90.0% 7.15% 0.00
CTAS Cintas Corp. Reduce -75.0% 0.11% 0.00

Portfolio Buys Q2 2024 → Q3 2024
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 163$1.2BAAPL, AVGO, MSFT, LLY, AMAT
Q1 2026 160$1.1BAAPL, AVGO, MSFT, LLY, XOM
Q4 2025 161$1.1BAAPL, AVGO, MSFT, LLY, GOOGL
Q3 2025 165$1.0BAAPL, MSFT, AVGO, LLY, ABBV
Q2 2025 154$964.2MMSFT, AAPL, AVGO, LLY, ABBV
Q1 2025 151$898.1MAAPL, MSFT, AVGO, LLY, ABBV
Q4 2024 155$929.8MAAPL, AVGO, MSFT, LLY, PG
Q3 2024 142$878.8MAAPL, MSFT, AVGO, LLY, PG
Q2 2024 142$878.8MAAPL, MSFT, AVGO, LLY, PG
Q1 2024 141$846.6MMSFT, AAPL, AVGO, PG, LLY