Mesirow Financial Investment Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), Mesirow Financial Investment Management, Inc. reported 536 stock positions worth $5.1 billion. Its top holding was Berkshire Hathaway Class B (BRK.B) at 9.0% of the portfolio, followed by Vaneck Morningstar Wide Moat (MOAT, 4.9%) and Apple (AAPL, 4.3%). Compared with Q1 2025, it opened 33 new positions, sold out of 89, added to 225 and reduced 230. The biggest buy was Microsoft (MSFT, shares +5%) and the biggest sale iShares Core S&P Total U.S. (ITOT, shares −47%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001469475
- Portfolio Value
- $5.1B (Q2 2025)
- SEC Filing
- 0001085146-25-004477 ↗ filed Aug 4, 2025
Holdings Value
Holdings 536 stocks · $5.1B
| BRK.B Berkshire Hathaway Inc. Class B | 9.04% | 954,309 | $463.6M | Add +1.2% |
| MOAT Vaneck Morningstar Wide Moat | 4.88% | 2,668,567 | $250.3M | Reduce -2.8% |
| AAPL Apple Inc. | 4.26% | 1,064,255 | $218.4M | Reduce -3.5% |
| MSFT Microsoft Corp. | 3.21% | 330,735 | $164.5M | Add +5.5% |
| IJR iShares Core S&P Small-Cap E | 3.06% | 1,435,196 | $156.9M | Reduce -2.4% |
| IVV iShares Core S&P 500 ETF | 2.93% | 241,695 | $150.1M | Add +3.0% |
| ITOT iShares Core S&P Total U.S. | 2.69% | 1,019,989 | $137.7M | Reduce -46.5% |
| VOO Vanguard S&P 500 ETF | 2.24% | 201,986 | $114.7M | Add +1.6% |
| GOOG Alphabet Inc. Class C | 1.97% | 568,111 | $100.8M | Reduce -3.9% |
| JPM JPMorgan Chase & Co. | 1.80% | 319,311 | $92.6M | Add +1.1% |
| AMZN Amazon.com Inc. | 1.75% | 409,281 | $89.8M | Add +0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.65% | 137,144 | $84.7M | Reduce -3.3% |
| IWF iShares Russell 1000 Growth | 1.56% | 188,769 | $80.2M | Reduce -1.3% |
| VYM Vanguard High DVD Yield ETF | 1.48% | 570,074 | $76.0M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 1.36% | 396,264 | $69.8M | Reduce -0.8% |
| GLD SPDR Gold Shares | 1.26% | 212,260 | $64.7M | Reduce -12.7% |
| FPAG Fpa Global Equity ETF New | 1.22% | 1,844,476 | $62.7M | Reduce -20.8% |
| AVGO Broadcom Inc. | 1.18% | 219,782 | $60.6M | Reduce -4.5% |
| VXUS Vanguard Total Intl Stock | 1.14% | 842,765 | $58.2M | Add +4.8% |
| IWR iShares Russell Mid-Cap ETF | 0.98% | 547,366 | $50.3M | Reduce -51.1% |
| COST Costco Wholesale Corp. | 0.88% | 45,425 | $45.0M | Reduce -5.9% |
| RTX RTX Corp. | 0.83% | 292,413 | $42.7M | Reduce -0.6% |
| IJH iShares Core S&P Midcap ETF | 0.81% | 671,772 | $41.7M | Reduce -41.1% |
| IWD iShares Russell 1000 Value E | 0.78% | 205,744 | $40.0M | Add +530.1% |
| VIG Vanguard Dividend Apprec ETF | 0.77% | 193,816 | $39.7M | Add +3.1% |
| SGOV iShares 0-3 Month Treasury B | 0.77% | 392,339 | $39.5M | Add +77.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.76% | 89,309 | $39.2M | Add +14.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.76% | 822,903 | $38.9M | Reduce -0.5% |
| VEA Vanguard Ftse Developed ETF | 0.73% | 656,751 | $37.4M | Add +3.4% |
| CAT Caterpillar Inc. | 0.72% | 94,936 | $36.9M | Reduce -0.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.71% | 207,260 | $36.6M | Add +4.4% |
| AOR iShares Core 60/40 Balanced | 0.71% | 594,241 | $36.6M | Reduce -1.5% |
| LOW Lowe's Cos Inc. | 0.70% | 162,901 | $36.1M | Reduce -0.3% |
| TMO Thermo Fisher Scientific Inc. | 0.70% | 88,429 | $35.9M | Add +0.4% |
| TCAF T Rowe PRC Cap Appreciation | 0.67% | 973,312 | $34.3M | Add +10.3% |
| EFA iShares MSCI Eafe ETF | 0.61% | 351,984 | $31.5M | Reduce -50.8% |
| MA Mastercard Inc. Class A | 0.59% | 53,805 | $30.2M | Reduce -6.4% |
| ACN Accenture PLC Class A | 0.58% | 100,338 | $30.0M | Reduce -0.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.58% | 358,193 | $29.9M | Add +7.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.58% | 41 | $29.9M | Add +2.5% |
| FDX FedEx Corp. | 0.58% | 131,430 | $29.9M | Reduce -1.9% |
| CVX Chevron Corp. | 0.58% | 207,289 | $29.7M | Add +1.5% |
| ABBV Abbvie Inc. | 0.57% | 158,777 | $29.5M | Reduce -0.9% |
| UNP Union Pacific Corp. | 0.56% | 125,847 | $29.0M | Reduce -0.8% |
| LIN Linde PLC | 0.56% | 61,351 | $28.8M | Reduce -3.2% |
| PEP Pepsico Inc. | 0.56% | 216,507 | $28.6M | Add +0.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.54% | 224,996 | $27.9M | Reduce -0.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.54% | 348,883 | $27.7M | Add +1.5% |
| ORCL Oracle Corp. | 0.51% | 120,378 | $26.3M | Add +0.3% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.51% | 212,409 | $26.3M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 0.51% | 35,118 | $25.9M | Reduce -7.1% |
| TEL Te Connectivity PLC | 0.50% | 152,451 | $25.7M | Reduce -0.3% |
| GAL SS Global Allocation ETF | 0.49% | 538,416 | $25.3M | Reduce -0.4% |
| VT Vanguard Tot World STK ETF | 0.49% | 195,441 | $25.1M | Add +8.2% |
| CRM Salesforce Inc. | 0.48% | 90,641 | $24.7M | Reduce -0.3% |
| AXP American Express Co. | 0.47% | 75,612 | $24.1M | Reduce -0.7% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.47% | 106,843 | $24.0M | Add +1.6% |
| FITB Fifth Third Bancorp | 0.47% | 583,476 | $24.0M | Add +0.3% |
| WMT Walmart Inc. | 0.47% | 244,212 | $23.9M | Add +0.1% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.46% | 144,648 | $23.8M | Add +2.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.46% | 77,584 | $23.6M | Add +0.7% |
| BLK BlackRock Inc. | 0.45% | 22,220 | $23.3M | Add +0.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.45% | 83,131 | $23.3M | Add +1.8% |
| SYK Stryker Corp. | 0.45% | 58,670 | $23.2M | Add +286.4% |
| ABT Abbott Laboratories | 0.45% | 169,478 | $23.1M | Add +0.8% |
| J Jacobs Solutions Inc. | 0.43% | 169,579 | $22.3M | Reduce -7.0% |
| SHY iShares 1-3 Year Treasury Bo | 0.42% | 263,045 | $21.8M | Reduce -48.1% |
| IWM iShares Russell 2000 ETF | 0.40% | 94,548 | $20.4M | Add +0.0% |
| IWP iShares Russell Mid-Cap Grow | 0.38% | 141,784 | $19.7M | Reduce -48.6% |
| HD Home Depot Inc. | 0.37% | 51,794 | $19.0M | Add +0.8% |
| IVE iShares S&P 500 Value ETF | 0.37% | 96,768 | $18.9M | Reduce -1.7% |
| JNJ Johnson & Johnson | 0.36% | 120,873 | $18.5M | Reduce -1.1% |
| UNH Unitedhealth Group Inc. | 0.35% | 58,146 | $18.1M | Add +18.2% |
| IVW iShares S&P 500 Growth ETF | 0.34% | 160,286 | $17.6M | Reduce -2.2% |
| VONG Vanguard Russell 1000 Growth | 0.34% | 160,643 | $17.5M | Add +1.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.33% | 31,073 | $17.1M | Add +3.0% |
| NVDA Nvidia Corp. | 0.33% | 107,562 | $17.0M | Add +2.0% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.30% | 606,747 | $15.3M | Reduce -0.7% |
| VOOV Vanguard S&P 500 Value ETF | 0.30% | 80,381 | $15.2M | Reduce -6.8% |
| EEM iShares MSCI Emerging Market | 0.29% | 310,501 | $15.0M | Reduce -11.5% |
| IEMG iShares Core MSCI Emerging | 0.29% | 243,888 | $14.6M | Reduce -51.5% |
| KO The Coca-Cola Co. | 0.28% | 206,201 | $14.6M | Reduce -0.6% |
| MDY State Street SPDR S&P Midcap | 0.28% | 25,464 | $14.4M | Reduce -4.7% |
| VUSB Vanguard Ultra Short Bond Et | 0.28% | 288,614 | $14.4M | Add +2.8% |
| SDY SS SPDR S&P Dividend ETF | 0.27% | 102,333 | $13.9M | Reduce -1.7% |
| HLT Hilton Worldwide Holdings Inc. | 0.27% | 51,688 | $13.8M | Reduce -0.6% |
| EPD Enterprise Products Partners | 0.27% | 442,127 | $13.7M | Reduce -1.7% |
| IBDR iShares Ibonds Dec 2026 Term | 0.26% | 556,889 | $13.5M | Add +0.6% |
| AOA iShares Core 80/20 Aggressiv | 0.25% | 155,076 | $12.9M | Reduce -7.0% |
| MCD McDonald's Corp. | 0.25% | 43,534 | $12.7M | Reduce -3.0% |
| ALL Allstate Corp. | 0.25% | 62,517 | $12.6M | Reduce -0.6% |
| SCHW Schwab (charles) Corp. | 0.24% | 137,586 | $12.6M | Reduce -0.2% |
| SCHD Schwab US DVD Equity ETF | 0.24% | 458,848 | $12.2M | Add +4.6% |
| ADBE Adobe Inc. | 0.24% | 31,189 | $12.1M | Add +5.4% |
| V Visa Inc. Class A | 0.23% | 33,629 | $11.9M | Add +5.2% |
| LLY Eli Lilly & Co. | 0.23% | 15,275 | $11.9M | Reduce -2.5% |
| SBUX Starbucks Corp. | 0.23% | 128,289 | $11.8M | Reduce -4.5% |
| IAU iShares Gold Trust | 0.23% | 186,499 | $11.6M | Reduce -50.3% |
| FEGE First Eagle GL Equity ETF | 0.23% | 287,269 | $11.6M | Add +34.0% |
| SUB iShares Short-Term National | 0.22% | 107,503 | $11.4M | Add +1.6% |
Portfolio Sells Q1 2025 → Q2 2025
| ITOT iShares Core S&P Total U.S. | Reduce -46.5% | 2.69% | −1.83 |
| IWR iShares Russell Mid-Cap ETF | Reduce -51.1% | 0.98% | −0.86 |
| EFA iShares MSCI Eafe ETF | Reduce -50.8% | 0.61% | −0.52 |
| AAPL Apple Inc. | Reduce -3.5% | 4.26% | −0.49 |
| IJH iShares Core S&P Midcap ETF | Reduce -41.1% | 0.81% | −0.48 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -48.1% | 0.42% | −0.39 |
| IWP iShares Russell Mid-Cap Grow | Reduce -48.6% | 0.38% | −0.24 |
| IEMG iShares Core MSCI Emerging | Reduce -51.5% | 0.29% | −0.24 |
| MDT Medtronic PLC | Reduce -93.9% | 0.01% | −0.22 |
| XOM Exxon Mobil Corp. | Reduce -48.9% | 0.18% | −0.20 |
| IAU iShares Gold Trust | Reduce -50.3% | 0.23% | −0.20 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.19 |
| FPAG Fpa Global Equity ETF New | Reduce -20.8% | 1.22% | −0.13 |
| CHD Church & Dwight Co. Inc. | Reduce -58.5% | 0.06% | −0.11 |
| DIM Wisdomtree Intl M/C DVD Fund | Reduce -49.3% | 0.15% | −0.11 |
| GLD SPDR Gold Shares | Reduce -12.7% | 1.26% | −0.10 |
| URTH iShares MSCI World ETF | Sold out | 0.00% | −0.09 |
| ABBV Abbvie Inc. | Reduce -0.9% | 0.57% | −0.08 |
| WEC WEC Energy Group Inc. | Reduce -48.4% | 0.05% | −0.05 |
| FDX FedEx Corp. | Reduce -1.9% | 0.58% | −0.05 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.05 |
| EXC Exelon Corp. | Reduce -49.8% | 0.04% | −0.05 |
| PFE Pfizer Inc. | Reduce -16.7% | 0.14% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -0.3% | 0.70% | −0.03 |
| JNJ Johnson & Johnson | Reduce -1.1% | 0.36% | −0.03 |
| EPD Enterprise Products Partners | Reduce -1.7% | 0.27% | −0.03 |
| WM Waste Management Inc. | Reduce -50.0% | 0.03% | −0.03 |
| WFRD Weatherford International PL | Sold out | 0.00% | −0.03 |
| EQH Equitable Holdings Inc. | Reduce -45.7% | 0.04% | −0.03 |
| PICK iShares MSCI Global Metals & | Reduce -51.5% | 0.03% | −0.03 |
| WTW Willis Towers Watson PLC | Reduce -48.2% | 0.03% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -34.1% | 0.03% | −0.03 |
| SBUX Starbucks Corp. | Reduce -4.5% | 0.23% | −0.03 |
| ACN Accenture PLC Class A | Reduce -0.4% | 0.58% | −0.02 |
| MCD McDonald's Corp. | Reduce -3.0% | 0.25% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -52.0% | 0.03% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -3.9% | 0.20% | −0.02 |
| OKE Oneok Inc. | Reduce -4.2% | 0.08% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -6.4% | 0.59% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -2.5% | 0.23% | −0.02 |
| DLN Wisdomtree US Largecap Divid | Reduce -50.0% | 0.02% | −0.02 |
| WMB Williams Cos Inc. | Reduce -58.0% | 0.01% | −0.02 |
| AMLP Alerian MLP ETF | Reduce -17.8% | 0.06% | −0.02 |
| IBIT iShares Bitcoin Trust ETF | Reduce -68.0% | 0.01% | −0.02 |
| UNP Union Pacific Corp. | Reduce -0.8% | 0.56% | −0.02 |
| SOXX iShares Semiconductor ETF | Reduce -43.5% | 0.04% | −0.01 |
| WELL Welltower Inc. | Reduce -53.0% | 0.01% | −0.01 |
| ADMA Adma Biologics Inc. | Sold out | 0.00% | −0.01 |
| IWS iShares Russell Mid-Cap Valu | Reduce -49.9% | 0.01% | −0.01 |
| VOOV Vanguard S&P 500 Value ETF | Reduce -6.8% | 0.30% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +5.5% | 3.21% | +0.93 |
| IWD iShares Russell 1000 Value E | Add +530.1% | 0.78% | +0.66 |
| IVV iShares Core S&P 500 ETF | Add +3.0% | 2.93% | +0.37 |
| SYK Stryker Corp. | Add +286.4% | 0.45% | +0.34 |
| SGOV iShares 0-3 Month Treasury B | Add +77.3% | 0.77% | +0.34 |
| JPM JPMorgan Chase & Co. | Add +1.1% | 1.80% | +0.30 |
| VOO Vanguard S&P 500 ETF | Add +1.6% | 2.24% | +0.26 |
| AMZN Amazon.com Inc. | Add +0.9% | 1.75% | +0.25 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +14.7% | 0.76% | +0.20 |
| ORCL Oracle Corp. | Add +0.3% | 0.51% | +0.19 |
| VXUS Vanguard Total Intl Stock | Add +4.8% | 1.14% | +0.17 |
| TCAF T Rowe PRC Cap Appreciation | Add +10.3% | 0.67% | +0.12 |
| NVDA Nvidia Corp. | Add +2.0% | 0.33% | +0.11 |
| VTWO Vanguard Russell 2000 ETF | Add +813.3% | 0.12% | +0.11 |
| VEA Vanguard Ftse Developed ETF | Add +3.4% | 0.73% | +0.10 |
| IEFA iShares Core MSCI Eafe ETF | Add +7.7% | 0.58% | +0.10 |
| VT Vanguard Tot World STK ETF | Add +8.2% | 0.49% | +0.08 |
| FEGE First Eagle GL Equity ETF | Add +34.0% | 0.23% | +0.07 |
| VYM Vanguard High DVD Yield ETF | Add +0.7% | 1.48% | +0.07 |
| VIG Vanguard Dividend Apprec ETF | Add +3.1% | 0.77% | +0.07 |
| COF Capital One Financial Corp. | Add +826.8% | 0.07% | +0.06 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.0% | 0.33% | +0.06 |
| NFLX Netflix Inc. | Add +5.5% | 0.17% | +0.06 |
| VONG Vanguard Russell 1000 Growth | Add +1.9% | 0.34% | +0.06 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Add +1.6% | 0.47% | +0.06 |
| QUAL iShares MSCI USA Quality Fac | Add +601.6% | 0.06% | +0.05 |
| WMT Walmart Inc. | Add +0.1% | 0.47% | +0.05 |
| BLK BlackRock Inc. | Add +0.7% | 0.45% | +0.05 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.7% | 0.46% | +0.05 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +4.4% | 0.71% | +0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.8% | 0.45% | +0.04 |
| XLK SS Technology Select Sector | Add +3.1% | 0.21% | +0.04 |
| CEG Constellation Energy | Add +5.0% | 0.10% | +0.04 |
| UBER Uber Technologies Inc. | Add +13.3% | 0.12% | +0.04 |
| IWM iShares Russell 2000 ETF | Add +0.0% | 0.40% | +0.03 |
| CGBL Cap Group Core Balanced | Add +10.4% | 0.19% | +0.03 |
| PM Philip Morris International | Add +0.8% | 0.20% | +0.03 |
| CIBR First Trust Nasdaq Cybersecu | New | 0.03% | +0.03 |
| IBM Intl Business Machines Corp. | Add +4.9% | 0.13% | +0.03 |
| DIVO Amplify CWP Enhan Divid ETF | Add +17.7% | 0.14% | +0.03 |
| FITB Fifth Third Bancorp | Add +0.3% | 0.47% | +0.03 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +2.4% | 0.46% | +0.02 |
| DFAC Dimensional US Core Equity 2 | Add +6.6% | 0.17% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.4% | 0.08% | +0.02 |
| BOTZ Global X Robotics & Artifici | Add +32.7% | 0.06% | +0.02 |
| VONV Vanguard Russell 1000 Value | Add +62.9% | 0.05% | +0.02 |
| HON Honeywell International Inc. | Add +0.4% | 0.22% | +0.02 |
| GEV GE Vernova Inc. | Add +6.6% | 0.05% | +0.02 |
| GLW Corning Inc. | Add +0.6% | 0.15% | +0.02 |
| FLXR TCW Flexible Income ETF | Add +183.3% | 0.03% | +0.02 |
Notes & Other Activity Q1 2025 → Q2 2025
| WBXWF Wallbox BV Class A -CW26 | *W EXP 10/01/202 | Sold out | 15,000 | $332before exit |
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 |