Mesirow Financial Investment Management, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), Mesirow Financial Investment Management, Inc. reported 592 stock positions worth $5.2 billion. Its top holding was Berkshire Hathaway Class B (BRK.B) at 9.7% of the portfolio, followed by Apple (AAPL, 4.7%) and Vaneck Morningstar Wide Moat (MOAT, 4.7%). Compared with Q4 2024, it opened 34 new positions, sold out of 38, added to 262 and reduced 194. The biggest buy was iShares Core S&P Total U.S. (ITOT, shares +89%) and the biggest sale Vaneck Morningstar Wide Moat (MOAT, shares −22%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001469475
- Portfolio Value
- $5.2B (Q1 2025)
- SEC Filing
- 0001085146-25-002744 ↗ filed May 8, 2025
Holdings Value
Holdings 592 stocks · $5.2B
| BRK.B Berkshire Hathaway Inc. Class B | 9.73% | 942,730 | $502.1M | Reduce -0.4% |
| AAPL Apple Inc. | 4.75% | 1,102,812 | $245.0M | Add +0.2% |
| MOAT Vaneck Morningstar Wide Moat | 4.68% | 2,746,441 | $241.7M | Reduce -21.5% |
| ITOT iShares Core S&P Total U.S. | 4.51% | 1,908,118 | $232.8M | Add +88.7% |
| IJR iShares Core S&P Small-Cap E | 2.98% | 1,469,726 | $153.7M | Add +0.7% |
| IVV iShares Core S&P 500 ETF | 2.56% | 234,620 | $131.9M | Add +0.4% |
| MSFT Microsoft Corp. | 2.28% | 313,580 | $117.7M | Reduce -0.8% |
| VOO Vanguard S&P 500 ETF | 1.98% | 198,821 | $102.2M | Add +1.1% |
| IWR iShares Russell Mid-Cap ETF | 1.85% | 1,119,648 | $95.2M | Add +103.7% |
| GOOG Alphabet Inc. Class C | 1.79% | 590,871 | $92.3M | Add +2.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.54% | 141,781 | $79.3M | Add +0.8% |
| JPM JPMorgan Chase & Co. | 1.50% | 315,978 | $77.5M | Reduce -1.0% |
| AMZN Amazon.com Inc. | 1.50% | 405,799 | $77.2M | Reduce -2.9% |
| VYM Vanguard High DVD Yield ETF | 1.41% | 566,079 | $73.0M | Add +0.7% |
| GLD SPDR Gold Shares | 1.36% | 243,248 | $70.1M | Add +2.2% |
| FPAG Fpa Global Equity ETF New | 1.36% | 2,329,383 | $70.0M | Add +41.7% |
| IWF iShares Russell 1000 Growth | 1.34% | 191,203 | $69.0M | Reduce -0.8% |
| IJH iShares Core S&P Midcap ETF | 1.29% | 1,141,072 | $66.6M | Add +137.4% |
| GOOGL Alphabet Inc. Class A | 1.20% | 399,345 | $61.8M | Reduce -2.8% |
| EFA iShares MSCI Eafe ETF | 1.13% | 716,012 | $58.5M | Add +98.0% |
| VXUS Vanguard Total Intl Stock | 0.97% | 804,337 | $49.9M | Add +5.8% |
| COST Costco Wholesale Corp. | 0.89% | 48,291 | $45.7M | Add +5.0% |
| TMO Thermo Fisher Scientific Inc. | 0.85% | 88,048 | $43.8M | Reduce -3.1% |
| SHY iShares 1-3 Year Treasury Bo | 0.81% | 507,326 | $42.0M | Add +106.5% |
| RTX RTX Corp. | 0.76% | 294,259 | $39.0M | Reduce -1.3% |
| AVGO Broadcom Inc. | 0.75% | 230,159 | $38.5M | Reduce -3.7% |
| LOW Lowe's Cos Inc. | 0.74% | 163,338 | $38.1M | Reduce -2.0% |
| VIG Vanguard Dividend Apprec ETF | 0.71% | 187,952 | $36.5M | Add +6.9% |
| AOR iShares Core 60/40 Balanced | 0.67% | 603,069 | $34.7M | Reduce -1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.67% | 827,408 | $34.5M | Reduce -1.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.66% | 198,609 | $34.3M | Add +4.7% |
| CVX Chevron Corp. | 0.66% | 204,153 | $34.2M | Reduce -0.4% |
| ABBV Abbvie Inc. | 0.65% | 160,196 | $33.6M | Reduce -5.5% |
| FDX FedEx Corp. | 0.63% | 133,919 | $32.6M | Reduce -1.2% |
| IWP iShares Russell Mid-Cap Grow | 0.63% | 275,786 | $32.4M | Add +109.3% |
| VEA Vanguard Ftse Developed ETF | 0.63% | 635,302 | $32.3M | Reduce -22.0% |
| PEP Pepsico Inc. | 0.62% | 214,844 | $32.2M | Reduce -0.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.62% | 40 | $31.9M | No change |
| CAT Caterpillar Inc. | 0.61% | 95,628 | $31.5M | Reduce -2.1% |
| MA Mastercard Inc. Class A | 0.61% | 57,478 | $31.5M | Reduce -1.2% |
| ACN Accenture PLC Class A | 0.61% | 100,750 | $31.4M | Reduce -1.3% |
| UNP Union Pacific Corp. | 0.58% | 126,858 | $30.0M | Reduce -51.8% |
| LIN Linde PLC | 0.57% | 63,369 | $29.5M | Reduce -1.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.56% | 77,853 | $28.9M | Add +3.4% |
| TCAF T Rowe PRC Cap Appreciation | 0.55% | 882,550 | $28.5M | Add +19.0% |
| IEMG iShares Core MSCI Emerging | 0.53% | 503,098 | $27.2M | Add +95.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.53% | 343,690 | $27.1M | Add +1.5% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.50% | 215,184 | $25.8M | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 0.50% | 49,180 | $25.8M | Add +0.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.49% | 332,669 | $25.2M | Add +4.8% |
| CRM Salesforce Inc. | 0.47% | 90,962 | $24.4M | Reduce -0.6% |
| GAL SS Global Allocation ETF | 0.47% | 540,461 | $24.2M | Reduce -1.7% |
| FITB Fifth Third Bancorp | 0.44% | 581,754 | $22.8M | Reduce -0.8% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.44% | 141,261 | $22.7M | Reduce -0.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.43% | 225,996 | $22.3M | Reduce -0.2% |
| ABT Abbott Laboratories | 0.43% | 168,090 | $22.3M | Reduce -0.5% |
| SGOV iShares 0-3 Month Treasury B | 0.43% | 221,352 | $22.3M | Add +241.3% |
| IAU iShares Gold Trust | 0.43% | 375,528 | $22.1M | Add +74.2% |
| J Jacobs Solutions Inc. | 0.43% | 182,334 | $22.0M | Reduce -2.4% |
| META Meta Platforms Inc. Class A | 0.42% | 37,803 | $21.8M | Reduce -4.0% |
| TEL Te Connectivity PLC | 0.42% | 152,860 | $21.6M | Reduce -3.9% |
| WMT Walmart Inc. | 0.41% | 243,879 | $21.4M | Add +1.4% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.41% | 105,178 | $21.2M | Add +2.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.41% | 77,017 | $21.2M | Add +1.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.41% | 81,677 | $21.1M | Add +0.5% |
| VT Vanguard Tot World STK ETF | 0.41% | 180,695 | $21.0M | Add +1.1% |
| BLK BlackRock Inc. | 0.40% | 22,061 | $20.9M | Add +0.1% |
| AXP American Express Co. | 0.40% | 76,147 | $20.5M | Add +1.2% |
| JNJ Johnson & Johnson | 0.39% | 122,262 | $20.3M | Reduce -1.3% |
| XOM Exxon Mobil Corp. | 0.38% | 166,532 | $19.8M | Add +93.0% |
| IWM iShares Russell 2000 ETF | 0.37% | 94,510 | $18.9M | Add +4.1% |
| HD Home Depot Inc. | 0.36% | 51,388 | $18.8M | Add +1.3% |
| IVE iShares S&P 500 Value ETF | 0.36% | 98,420 | $18.8M | Add +0.2% |
| ORCL Oracle Corp. | 0.33% | 119,954 | $16.8M | Add +3.0% |
| VOOV Vanguard S&P 500 Value ETF | 0.31% | 86,284 | $15.9M | Add +11.3% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.30% | 610,972 | $15.4M | Add +9.6% |
| EPD Enterprise Products Partners | 0.30% | 449,756 | $15.4M | Reduce -0.1% |
| EEM iShares MSCI Emerging Market | 0.30% | 350,749 | $15.3M | Reduce -1.4% |
| IVW iShares S&P 500 Growth ETF | 0.29% | 163,931 | $15.2M | Reduce -0.7% |
| KO The Coca-Cola Co. | 0.29% | 207,471 | $14.9M | Add +0.9% |
| VONG Vanguard Russell 1000 Growth | 0.28% | 157,624 | $14.6M | Add +7.1% |
| MDY State Street SPDR S&P Midcap | 0.28% | 26,716 | $14.3M | Add +4.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.27% | 30,166 | $14.1M | Add +5.2% |
| SDY SS SPDR S&P Dividend ETF | 0.27% | 104,104 | $14.1M | Add +1.4% |
| MCD McDonald's Corp. | 0.27% | 44,903 | $14.0M | Add +3.0% |
| VUSB Vanguard Ultra Short Bond Et | 0.27% | 280,885 | $14.0M | Add +0.9% |
| IBDR iShares Ibonds Dec 2026 Term | 0.26% | 553,501 | $13.4M | Add +12.3% |
| DIM Wisdomtree Intl M/C DVD Fund | 0.26% | 199,804 | $13.2M | Add +102.3% |
| SBUX Starbucks Corp. | 0.26% | 134,321 | $13.2M | Reduce -9.4% |
| ALL Allstate Corp. | 0.25% | 62,914 | $13.0M | Add +0.2% |
| LLY Eli Lilly & Co. | 0.25% | 15,671 | $12.9M | Reduce -2.3% |
| AOA iShares Core 80/20 Aggressiv | 0.25% | 166,710 | $12.8M | Add +4.3% |
| SCHD Schwab US DVD Equity ETF | 0.24% | 438,761 | $12.3M | Add +2.1% |
| MDT Medtronic PLC | 0.23% | 133,135 | $12.0M | Reduce -0.1% |
| COP Conocophillips | 0.23% | 112,998 | $11.9M | Add +0.6% |
| HLT Hilton Worldwide Holdings Inc. | 0.23% | 52,006 | $11.8M | Reduce -0.4% |
| PG The Procter & Gamble Co. | 0.22% | 67,999 | $11.6M | Add +4.4% |
| NVDA Nvidia Corp. | 0.22% | 105,468 | $11.4M | Reduce -0.2% |
| ADBE Adobe Inc. | 0.22% | 29,584 | $11.3M | Add +2.5% |
| V Visa Inc. Class A | 0.22% | 31,959 | $11.2M | Add +8.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $332 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WBXWF Wallbox BV Class A -CW26 | *W EXP 10/01/202 | 15,000 | $332 | New |
Total filed on the 13F, all lines: $5.2B.
Portfolio Sells Q4 2024 → Q1 2025
| MOAT Vaneck Morningstar Wide Moat | Reduce -21.5% | 4.68% | −1.76 |
| IWD iShares Russell 1000 Value E | Reduce -84.3% | 0.12% | −0.65 |
| UNP Union Pacific Corp. | Reduce -51.8% | 0.58% | −0.61 |
| MSFT Microsoft Corp. | Reduce -0.8% | 2.28% | −0.36 |
| AVGO Broadcom Inc. | Reduce -3.7% | 0.75% | −0.35 |
| GOOGL Alphabet Inc. Class A | Reduce -2.8% | 1.20% | −0.35 |
| AMZN Amazon.com Inc. | Reduce -2.9% | 1.50% | −0.32 |
| IWF iShares Russell 1000 Growth | Reduce -0.8% | 1.34% | −0.20 |
| VEA Vanguard Ftse Developed ETF | Reduce -22.0% | 0.63% | −0.15 |
| CRM Salesforce Inc. | Reduce -0.6% | 0.47% | −0.13 |
| FDX FedEx Corp. | Reduce -1.2% | 0.63% | −0.12 |
| ACN Accenture PLC Class A | Reduce -1.3% | 0.61% | −0.10 |
| TYL Tyler Technologies Inc. | Reduce -68.0% | 0.05% | −0.10 |
| CAT Caterpillar Inc. | Reduce -2.1% | 0.61% | −0.09 |
| IBM Intl Business Machines Corp. | Reduce -50.9% | 0.11% | −0.09 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.1% | 0.85% | −0.09 |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | Sold out | 0.00% | −0.09 |
| LOW Lowe's Cos Inc. | Reduce -2.0% | 0.74% | −0.08 |
| AMTM Amentum Holdings Inc. | Sold out | 0.00% | −0.07 |
| TT Trane Technologies PLC | Reduce -50.6% | 0.06% | −0.07 |
| J Jacobs Solutions Inc. | Reduce -2.4% | 0.43% | −0.07 |
| DIS The Walt Disney Co. | Reduce -0.2% | 0.43% | −0.07 |
| BAC Bank of America Corp. | Reduce -1.1% | 0.67% | −0.06 |
| NVDA Nvidia Corp. | Reduce -0.2% | 0.22% | −0.06 |
| FITB Fifth Third Bancorp | Reduce -0.8% | 0.44% | −0.05 |
| TTD Trade Desk Inc./the Class A | Reduce -0.1% | 0.04% | −0.05 |
| GWW WW Grainger Inc. | Reduce -51.4% | 0.04% | −0.05 |
| TSLA Tesla Inc. | Reduce -7.0% | 0.07% | −0.05 |
| NAD Nuveen Quality Municipal Inc. | Sold out | 0.00% | −0.05 |
| UBER Uber Technologies Inc. | Reduce -45.6% | 0.08% | −0.04 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -0.8% | 0.50% | −0.04 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.7% | 0.29% | −0.04 |
| UPS United Parcel Service Class B | Reduce -50.3% | 0.03% | −0.04 |
| GPN Global Payments Inc. | Reduce -1.9% | 0.19% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -4.0% | 0.42% | −0.04 |
| XLK SS Technology Select Sector | Reduce -4.1% | 0.16% | −0.03 |
| TEL Te Connectivity PLC | Reduce -3.9% | 0.42% | −0.03 |
| EL Estee Lauder Companies Class A | Reduce -78.7% | 0.01% | −0.03 |
| STLA Stellantis NV | Sold out | 0.00% | −0.03 |
| GDX Vaneck Gold Miners ETF | Reduce -50.0% | 0.06% | −0.03 |
| DBA Invesco DB Agriculture Fund | Reduce -50.0% | 0.03% | −0.03 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -0.4% | 0.23% | −0.03 |
| KKR KKR & Co. Inc. | Reduce -4.2% | 0.07% | −0.03 |
| PEP Pepsico Inc. | Reduce -0.2% | 0.62% | −0.03 |
| NUV Nuveen Municipal Value | Reduce -75.2% | 0.01% | −0.03 |
| GS Goldman Sachs Group Inc. | Reduce -47.8% | 0.02% | −0.02 |
| AOR iShares Core 60/40 Balanced | Reduce -1.4% | 0.67% | −0.02 |
| USB US Bancorp | Reduce -52.9% | 0.02% | −0.02 |
| MYI BlackRock Muniyield QLTY III | Sold out | 0.00% | −0.02 |
| INTU Intuit Inc. | Reduce -53.1% | 0.02% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| ITOT iShares Core S&P Total U.S. | Add +88.7% | 4.51% | +1.93 |
| IWR iShares Russell Mid-Cap ETF | Add +103.7% | 1.85% | +0.88 |
| IJH iShares Core S&P Midcap ETF | Add +137.4% | 1.29% | +0.70 |
| EFA iShares MSCI Eafe ETF | Add +98.0% | 1.13% | +0.59 |
| SHY iShares 1-3 Year Treasury Bo | Add +106.5% | 0.81% | +0.41 |
| FPAG Fpa Global Equity ETF New | Add +41.7% | 1.36% | +0.37 |
| SGOV iShares 0-3 Month Treasury B | Add +241.3% | 0.43% | +0.30 |
| IWP iShares Russell Mid-Cap Grow | Add +109.3% | 0.63% | +0.30 |
| IEMG iShares Core MSCI Emerging | Add +95.6% | 0.53% | +0.26 |
| IAU iShares Gold Trust | Add +74.2% | 0.43% | +0.22 |
| GLD SPDR Gold Shares | Add +2.2% | 1.36% | +0.21 |
| XOM Exxon Mobil Corp. | Add +93.0% | 0.38% | +0.20 |
| FEGE First Eagle GL Equity ETF | New | 0.16% | +0.16 |
| DIM Wisdomtree Intl M/C DVD Fund | Add +102.3% | 0.26% | +0.14 |
| URTH iShares MSCI World ETF | Add +951.2% | 0.09% | +0.08 |
| VXUS Vanguard Total Intl Stock | Add +5.8% | 0.97% | +0.08 |
| CGBL Cap Group Core Balanced | Add +84.5% | 0.16% | +0.07 |
| TCAF T Rowe PRC Cap Appreciation | Add +19.0% | 0.55% | +0.06 |
| WEC WEC Energy Group Inc. | Add +86.8% | 0.10% | +0.05 |
| EXC Exelon Corp. | Add +98.3% | 0.09% | +0.05 |
| COST Costco Wholesale Corp. | Add +5.0% | 0.89% | +0.05 |
| IEFA iShares Core MSCI Eafe ETF | Add +4.8% | 0.49% | +0.04 |
| PM Philip Morris International | Add +1.0% | 0.18% | +0.04 |
| EQH Equitable Holdings Inc. | Add +100.1% | 0.07% | +0.04 |
| DIVO Amplify CWP Enhan Divid ETF | Add +46.1% | 0.11% | +0.03 |
| KO The Coca-Cola Co. | Add +0.9% | 0.29% | +0.03 |
| V Visa Inc. Class A | Add +8.7% | 0.22% | +0.03 |
| CME Cme Group Inc. | Add +40.1% | 0.09% | +0.03 |
| DGRW Wisdomtree U.S. Quality Divi | New | 0.03% | +0.03 |
| PICK iShares MSCI Global Metals & | Add +106.9% | 0.06% | +0.03 |
| WM Waste Management Inc. | Add +73.4% | 0.06% | +0.03 |
| WTW Willis Towers Watson PLC | Add +105.7% | 0.05% | +0.03 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +22.5% | 0.16% | +0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +4.7% | 0.66% | +0.03 |
| WFC Wells Fargo & Co. | Add +109.0% | 0.05% | +0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +48.1% | 0.11% | +0.03 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +15.9% | 0.21% | +0.03 |
| SOXX iShares Semiconductor ETF | Add +118.4% | 0.05% | +0.02 |
| IBDR iShares Ibonds Dec 2026 Term | Add +12.3% | 0.26% | +0.02 |
| VOOV Vanguard S&P 500 Value ETF | Add +11.3% | 0.31% | +0.02 |
| VIG Vanguard Dividend Apprec ETF | Add +6.9% | 0.71% | +0.02 |
| MCD McDonald's Corp. | Add +3.0% | 0.27% | +0.02 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +9.6% | 0.30% | +0.02 |
| CBOE Cboe Global Markets Inc. | New | 0.02% | +0.02 |
| DLN Wisdomtree US Largecap Divid | Add +100.0% | 0.04% | +0.02 |
| ZTS Zoetis Inc. | Add +15.0% | 0.14% | +0.02 |
| WMB Williams Cos Inc. | Add +101.8% | 0.03% | +0.02 |
| IWS iShares Russell Mid-Cap Valu | Add +171.2% | 0.03% | +0.02 |
| VZ Verizon Communications Inc. | Add +18.1% | 0.07% | +0.02 |
| WELL Welltower Inc. | Add +99.1% | 0.03% | +0.01 |
Notes & Other Activity Q4 2024 → Q1 2025
| WBXWF Wallbox BV Class A -CW26 | *W EXP 10/01/202 | New | 15,000 | $332 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 529 | $6.4B | BRK.B, AAPL, MOAT, IJR, GOOG |
| Q1 2026 | 517 | $6.2B | BRK.B, MOAT, AAPL, IJR, MSFT |
| Q4 2025 | 485 | $4.9B | BRK.B, AAPL, MOAT, GOOG, MSFT |
| Q3 2025 | 554 | $5.6B | BRK.B, AAPL, MOAT, IJR, MSFT |
| Q2 2025 | 536 | $5.1B | BRK.B, MOAT, AAPL, MSFT, IJR |
| Q1 2025 | 592 | $5.2B | BRK.B, AAPL, MOAT, ITOT, IJR |
| Q4 2024 | 596 | $5.0B | BRK.B, MOAT, AAPL, IJR, IVV |
| Q3 2024 | 593 | $5.2B | BRK.B, AAPL, MOAT, IJR, VYM |
| Q2 2024Amended | 508 | $4.4B | BRK.B, AAPL, MOAT, IJR, MSFT |
| Q1 2024Amended | 522 | $4.4B | BRK.B, MOAT, AAPL, IJR, MSFT |