Mesirow Financial Investment Management, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Mesirow Financial Investment Management, Inc. reported 554 stock positions worth $5.6 billion. Its top holding was Berkshire Hathaway Class B (BRK.B) at 8.7% of the portfolio, followed by Apple (AAPL, 4.8%) and Vaneck Morningstar Wide Moat (MOAT, 4.7%). Compared with Q2 2025, it opened 29 new positions, sold out of 11, added to 265 and reduced 188. The biggest buy was Visa Class A (V, shares +147%) and the biggest sale Pepsico (PEP, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001469475
- Portfolio Value
- $5.6B (Q3 2025)
- SEC Filing
- 0001469475-25-000002 ↗ filed Nov 12, 2025
Holdings Value
Holdings 554 stocks · $5.6B
| BRK.B Berkshire Hathaway Inc. Class B | 8.67% | 963,896 | $484.6M | Add +1.0% |
| AAPL Apple Inc. | 4.80% | 1,053,309 | $268.2M | Reduce -1.0% |
| MOAT Vaneck Morningstar Wide Moat | 4.66% | 2,627,317 | $260.4M | Reduce -1.6% |
| IJR iShares Core S&P Small-Cap E | 3.14% | 1,478,144 | $175.6M | Add +3.0% |
| MSFT Microsoft Corp. | 3.06% | 330,554 | $171.2M | Reduce -0.1% |
| IVV iShares Core S&P 500 ETF | 2.90% | 241,999 | $162.0M | Add +0.1% |
| ITOT iShares Core S&P Total U.S. | 2.67% | 1,022,868 | $149.0M | Add +0.3% |
| GOOG Alphabet Inc. Class C | 2.45% | 561,776 | $136.8M | Reduce -1.1% |
| VOO Vanguard S&P 500 ETF | 2.19% | 199,746 | $122.3M | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 1.79% | 316,470 | $99.8M | Reduce -0.9% |
| GOOGL Alphabet Inc. Class A | 1.70% | 391,613 | $95.2M | Reduce -1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.61% | 134,967 | $89.9M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 1.60% | 407,818 | $89.5M | Reduce -0.4% |
| IWF iShares Russell 1000 Growth | 1.59% | 190,001 | $89.0M | Add +0.7% |
| VYM Vanguard High DVD Yield ETF | 1.38% | 548,452 | $77.3M | Reduce -3.8% |
| GLD SPDR Gold Shares | 1.36% | 214,398 | $76.2M | Add +1.0% |
| FPAG Fpa Global Equity ETF New | 1.26% | 1,971,426 | $70.7M | Add +6.9% |
| AVGO Broadcom Inc. | 1.25% | 211,633 | $69.8M | Reduce -3.7% |
| VXUS Vanguard Total Intl Stock | 1.14% | 869,407 | $63.9M | Add +3.2% |
| IWR iShares Russell Mid-Cap ETF | 0.95% | 547,963 | $52.9M | Add +0.1% |
| RTX RTX Corp. | 0.87% | 290,577 | $48.6M | Reduce -0.6% |
| TCAF T Rowe PRC Cap Appreciation | 0.86% | 1,271,915 | $48.0M | Add +30.7% |
| IJH iShares Core S&P Midcap ETF | 0.85% | 732,337 | $47.8M | Add +9.0% |
| SGOV iShares 0-3 Month Treasury B | 0.85% | 474,512 | $47.8M | Add +20.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.80% | 93,352 | $44.8M | Add +4.5% |
| CAT Caterpillar Inc. | 0.80% | 93,423 | $44.6M | Reduce -1.6% |
| TMO Thermo Fisher Scientific Inc. | 0.78% | 89,411 | $43.4M | Add +1.1% |
| IWD iShares Russell 1000 Value E | 0.76% | 209,354 | $42.6M | Add +1.8% |
| VIG Vanguard Dividend Apprec ETF | 0.76% | 197,010 | $42.5M | Add +1.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.76% | 821,293 | $42.4M | Reduce -0.2% |
| COST Costco Wholesale Corp. | 0.75% | 45,016 | $41.7M | Reduce -0.9% |
| LOW Lowe's Cos Inc. | 0.74% | 164,562 | $41.4M | Add +1.0% |
| VEA Vanguard Ftse Developed ETF | 0.71% | 659,897 | $39.5M | Add +0.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.70% | 208,940 | $39.0M | Add +0.8% |
| ABBV Abbvie Inc. | 0.67% | 162,499 | $37.6M | Add +2.3% |
| AOR iShares Core 60/40 Balanced | 0.66% | 573,177 | $36.9M | Reduce -3.5% |
| ORCL Oracle Corp. | 0.60% | 119,159 | $33.5M | Reduce -1.0% |
| TEL Te Connectivity PLC | 0.60% | 151,677 | $33.3M | Reduce -0.5% |
| EFA iShares MSCI Eafe ETF | 0.59% | 350,287 | $32.7M | Reduce -0.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.58% | 373,911 | $32.6M | Add +4.4% |
| CVX Chevron Corp. | 0.58% | 208,902 | $32.4M | Add +0.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.57% | 42 | $31.7M | Add +2.4% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.56% | 129,288 | $31.6M | Add +21.0% |
| FDX FedEx Corp. | 0.55% | 130,542 | $30.8M | Reduce -0.7% |
| MA Mastercard Inc. Class A | 0.54% | 53,207 | $30.3M | Reduce -1.1% |
| UNP Union Pacific Corp. | 0.54% | 127,255 | $30.1M | Add +1.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.53% | 367,435 | $29.4M | Add +5.3% |
| LIN Linde PLC | 0.52% | 61,295 | $29.1M | Reduce -0.1% |
| V Visa Inc. Class A | 0.51% | 82,919 | $28.3M | Add +146.6% |
| VT Vanguard Tot World STK ETF | 0.49% | 198,849 | $27.4M | Add +1.7% |
| BLK BlackRock Inc. | 0.47% | 22,489 | $26.2M | Add +1.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.47% | 79,263 | $26.0M | Add +2.2% |
| META Meta Platforms Inc. Class A | 0.46% | 35,229 | $25.9M | Add +0.3% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.46% | 146,499 | $25.6M | Add +1.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 222,605 | $25.5M | Reduce -1.1% |
| J Jacobs Solutions Inc. | 0.45% | 167,996 | $25.2M | Reduce -0.9% |
| WMT Walmart Inc. | 0.45% | 242,958 | $25.0M | Reduce -0.5% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.45% | 192,427 | $25.0M | Reduce -9.4% |
| ACN Accenture PLC Class A | 0.45% | 100,968 | $24.9M | Add +0.6% |
| AXP American Express Co. | 0.45% | 74,889 | $24.9M | Reduce -1.0% |
| GAL SS Global Allocation ETF | 0.44% | 502,702 | $24.7M | Reduce -6.6% |
| FITB Fifth Third Bancorp | 0.43% | 545,748 | $24.3M | Reduce -6.5% |
| FEGE First Eagle GL Equity ETF | 0.43% | 545,947 | $24.1M | Add +90.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.43% | 82,142 | $24.1M | Reduce -1.2% |
| ABT Abbott Laboratories | 0.41% | 170,424 | $22.8M | Add +0.6% |
| IWM iShares Russell 2000 ETF | 0.40% | 93,526 | $22.6M | Reduce -1.1% |
| SHY iShares 1-3 Year Treasury Bo | 0.40% | 268,607 | $22.3M | Add +2.1% |
| JNJ Johnson & Johnson | 0.39% | 118,282 | $21.9M | Reduce -2.1% |
| SYK Stryker Corp. | 0.39% | 59,106 | $21.9M | Add +0.7% |
| CRM Salesforce Inc. | 0.39% | 91,797 | $21.8M | Add +1.3% |
| HD Home Depot Inc. | 0.38% | 52,174 | $21.1M | Add +0.7% |
| NVDA Nvidia Corp. | 0.37% | 111,058 | $20.7M | Add +3.3% |
| IWP iShares Russell Mid-Cap Grow | 0.36% | 142,861 | $20.3M | Add +0.8% |
| UNH Unitedhealth Group Inc. | 0.36% | 58,453 | $20.2M | Add +0.5% |
| IVE iShares S&P 500 Value ETF | 0.36% | 97,018 | $20.0M | Add +0.3% |
| VONG Vanguard Russell 1000 Growth | 0.35% | 163,258 | $19.7M | Add +1.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.35% | 32,580 | $19.6M | Add +4.8% |
| IVW iShares S&P 500 Growth ETF | 0.34% | 159,115 | $19.2M | Reduce -0.7% |
| EEM iShares MSCI Emerging Market | 0.29% | 305,636 | $16.3M | Reduce -1.6% |
| VOOV Vanguard S&P 500 Value ETF | 0.29% | 81,769 | $16.3M | Add +1.7% |
| IEMG iShares Core MSCI Emerging | 0.29% | 246,387 | $16.2M | Add +1.0% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.27% | 603,301 | $15.2M | Reduce -0.6% |
| MDY State Street SPDR S&P Midcap | 0.27% | 25,355 | $15.1M | Reduce -0.4% |
| SDY SS SPDR S&P Dividend ETF | 0.26% | 103,444 | $14.5M | Add +1.1% |
| PEP Pepsico Inc. | 0.25% | 100,646 | $14.1M | Reduce -53.5% |
| IBDR iShares Ibonds Dec 2026 Term | 0.25% | 569,624 | $13.8M | Add +2.3% |
| EPD Enterprise Products Partners | 0.25% | 441,123 | $13.8M | Reduce -0.2% |
| KO The Coca-Cola Co. | 0.25% | 206,637 | $13.7M | Add +0.2% |
| AOA iShares Core 80/20 Aggressiv | 0.24% | 155,008 | $13.7M | Reduce -0.0% |
| IAU iShares Gold Trust | 0.24% | 186,739 | $13.6M | Add +0.1% |
| VUSB Vanguard Ultra Short Bond Et | 0.24% | 270,825 | $13.5M | Reduce -6.2% |
| HLT Hilton Worldwide Holdings Inc. | 0.24% | 51,609 | $13.4M | Reduce -0.1% |
| MCD McDonald's Corp. | 0.24% | 43,423 | $13.2M | Reduce -0.3% |
| SCHW Schwab (charles) Corp. | 0.24% | 138,119 | $13.2M | Add +0.4% |
| ALL Allstate Corp. | 0.23% | 61,050 | $13.1M | Reduce -2.4% |
| CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED | 0.23% | 367,638 | $12.8M | Add +27.0% |
| SCHD Schwab US DVD Equity ETF | 0.23% | 463,281 | $12.6M | Add +1.0% |
| GLW Corning Inc. | 0.22% | 148,879 | $12.2M | Add +0.7% |
| VWO Vanguard Ftse Emerging Marke | 0.21% | 221,835 | $12.0M | Add +3.0% |
| LLY Eli Lilly & Co. | 0.21% | 15,495 | $11.8M | Add +1.4% |
Portfolio Sells Q2 2025 → Q3 2025
| PEP Pepsico Inc. | Reduce -53.5% | 0.25% | −0.30 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -1.6% | 4.66% | −0.22 |
| AMZN Amazon.com Inc. | Reduce -0.4% | 1.60% | −0.15 |
| MSFT Microsoft Corp. | Reduce -0.1% | 3.06% | −0.14 |
| COST Costco Wholesale Corp. | Reduce -0.9% | 0.75% | −0.13 |
| VYM Vanguard High DVD Yield ETF | Reduce -3.8% | 1.38% | −0.10 |
| DIS The Walt Disney Co. | Reduce -1.1% | 0.46% | −0.09 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -9.4% | 0.45% | −0.07 |
| AOR iShares Core 60/40 Balanced | Reduce -3.5% | 0.66% | −0.05 |
| GAL SS Global Allocation ETF | Reduce -6.6% | 0.44% | −0.05 |
| ADBE Adobe Inc. | Reduce -6.0% | 0.18% | −0.05 |
| VOO Vanguard S&P 500 ETF | Reduce -1.1% | 2.19% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -1.1% | 0.54% | −0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.6% | 1.61% | −0.04 |
| SBUX Starbucks Corp. | Reduce -3.3% | 0.19% | −0.04 |
| LIN Linde PLC | Reduce -0.1% | 0.52% | −0.04 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -6.2% | 0.24% | −0.04 |
| HON Honeywell International Inc. | Reduce -0.7% | 0.18% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -5.5% | 0.17% | −0.03 |
| FITB Fifth Third Bancorp | Reduce -6.5% | 0.43% | −0.03 |
| NFLX Netflix Inc. | Reduce -1.1% | 0.14% | −0.03 |
| FDX FedEx Corp. | Reduce -0.7% | 0.55% | −0.03 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -0.1% | 0.24% | −0.03 |
| EFA iShares MSCI Eafe ETF | Reduce -0.5% | 0.59% | −0.03 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -0.6% | 0.27% | −0.03 |
| AXP American Express Co. | Reduce -1.0% | 0.45% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -5.0% | 0.11% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.2% | 0.43% | −0.02 |
| EPD Enterprise Products Partners | Reduce -0.2% | 0.25% | −0.02 |
| ZTS Zoetis Inc. | Reduce -0.2% | 0.12% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -0.9% | 1.79% | −0.02 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -2.7% | 0.16% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -5.3% | 0.06% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -6.4% | 0.16% | −0.02 |
| TSSI TSS Inc. | Reduce -40.3% | 0.01% | −0.02 |
| WMT Walmart Inc. | Reduce -0.5% | 0.45% | −0.02 |
| CHD Church & Dwight Co. Inc. | Reduce -14.1% | 0.04% | −0.02 |
| AMT American Tower Corp. | Reduce -3.5% | 0.06% | −0.02 |
| OKE Oneok Inc. | Reduce -0.3% | 0.07% | −0.01 |
| ADP Automatic Data Processing | Reduce -1.0% | 0.08% | −0.01 |
| MCS Marcus Corporation | Reduce -2.4% | 0.06% | −0.01 |
| MCD McDonald's Corp. | Reduce -0.3% | 0.24% | −0.01 |
| IBTG iShares Ibonds Dec 2026 Term | Reduce -0.7% | 0.12% | −0.01 |
| USFR Wisdomtree Floating Rate Tre | Sold out | 0.00% | −0.01 |
| ALL Allstate Corp. | Reduce -2.4% | 0.23% | −0.01 |
| CTVA Corteva Inc. | Reduce -15.9% | 0.03% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -0.4% | 0.27% | −0.01 |
| SHCO Soho House & Co. Inc. | Sold out | 0.00% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -27.8% | 0.02% | −0.01 |
| WEC WEC Energy Group Inc. | Reduce -19.9% | 0.04% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| V Visa Inc. Class A | Add +146.6% | 0.51% | +0.27 |
| FEGE First Eagle GL Equity ETF | Add +90.0% | 0.43% | +0.21 |
| TCAF T Rowe PRC Cap Appreciation | Add +30.7% | 0.86% | +0.19 |
| GLD SPDR Gold Shares | Add +1.0% | 1.36% | +0.10 |
| ABBV Abbvie Inc. | Add +2.3% | 0.67% | +0.10 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Add +21.0% | 0.56% | +0.10 |
| SGOV iShares 0-3 Month Treasury B | Add +20.9% | 0.85% | +0.08 |
| IJR iShares Core S&P Small-Cap E | Add +3.0% | 3.14% | +0.08 |
| TMO Thermo Fisher Scientific Inc. | Add +1.1% | 0.78% | +0.08 |
| GLW Corning Inc. | Add +0.7% | 0.22% | +0.07 |
| IJH iShares Core S&P Midcap ETF | Add +9.0% | 0.85% | +0.04 |
| FPAG Fpa Global Equity ETF New | Add +6.9% | 1.26% | +0.04 |
| CGBL Cap Group Core Balanced | Add +27.0% | 0.23% | +0.04 |
| NVDA Nvidia Corp. | Add +3.3% | 0.37% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +4.5% | 0.80% | +0.04 |
| LOW Lowe's Cos Inc. | Add +1.0% | 0.74% | +0.04 |
| DIVO Amplify CWP Enhan Divid ETF | Add +27.3% | 0.17% | +0.03 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +122.8% | 0.06% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +0.7% | 1.59% | +0.03 |
| FLXR TCW Flexible Income ETF | Add +101.7% | 0.06% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +8.2% | 0.09% | +0.02 |
| ARCC Ares Capital Corp. | Add +35.3% | 0.13% | +0.02 |
| IAU iShares Gold Trust | Add +0.1% | 0.24% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +4.8% | 0.35% | +0.02 |
| BLK BlackRock Inc. | Add +1.2% | 0.47% | +0.01 |
| APP AppLovin Corp. Class A | New | 0.01% | +0.01 |
| AMLP Alerian MLP ETF | Add +38.3% | 0.07% | +0.01 |
| DCOR Dimensional US Core Eq 1 ETF | Add +43.2% | 0.04% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +37.5% | 0.05% | +0.01 |
| SHOP Shopify Inc. Class A | New | 0.01% | +0.01 |
| IBDU iShares Ibonds Dec 2029 Term | Add +148.6% | 0.02% | +0.01 |
| APH Amphenol Corp. Class A | Add +2.3% | 0.07% | +0.01 |
| VONG Vanguard Russell 1000 Growth | Add +1.6% | 0.35% | +0.01 |
| DFAC Dimensional US Core Equity 2 | Add +6.6% | 0.17% | +0.01 |
| HD Home Depot Inc. | Add +0.7% | 0.38% | +0.01 |
| STX Seagate Technology Holdings | New | 0.01% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +0.5% | 0.36% | +0.01 |
| MSOS Advisorshares Pure US Cann | Add +65.6% | 0.01% | +0.01 |
| VXUS Vanguard Total Intl Stock | Add +3.2% | 1.14% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +3.0% | 0.21% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +41.7% | 0.02% | +0.01 |
| TJX TJX Companies Inc. | Add +1.7% | 0.08% | +0.01 |
| B Barrick Mining Corp. | Add +1.1% | 0.02% | +0.01 |
| DFAX Dimensional World Ex US Core | Add +27.3% | 0.03% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +15.3% | 0.04% | +0.01 |
| CIEN Ciena Corp. | New | 0.01% | +0.01 |
| OKLO Oklo Inc. | New | 0.01% | +0.01 |
| DFLV Dim US Large Cap Value ETF | New | 0.01% | +0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.01% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.2% | 0.47% | +0.01 |
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 |