Miller Financial Services LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Miller Financial Services LLC reported 114 stock positions worth $85.3 million. Its top holding was iShares 7-10 Year Treasury B (IEF) at 5.3% of the portfolio, followed by Apple (AAPL, 4.3%) and iShares 20+ Year Treasury BD (TLT, 4.2%). Compared with Q3 2025, it opened 14 new positions, sold out of 13, added to 30 and reduced 61. The biggest buy was Vanguard Short-Term Treasury (VGSH, shares +51%) and the biggest sale Eaton (ETN, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- MARSHALL, MI
- CIK
- 0002022893
- Portfolio Value
- $85.3M (Q4 2025)
- SEC Filing
- 0002022893-26-000001 ↗ filed Feb 12, 2026
Holdings Value
Holdings 114 stocks · $85.3M
| IEF iShares 7-10 Year Treasury B | 5.35% | 47,417 | $4.6M | Add +16.7% |
| AAPL Apple Inc. | 4.29% | 13,451 | $3.7M | Reduce -11.2% |
| TLT iShares 20+ Year Treasury BD | 4.18% | 40,920 | $3.6M | Add +14.6% |
| VGSH Vanguard Short-Term Treasury | 3.50% | 50,791 | $3.0M | Add +51.0% |
| UPS United Parcel Service Class B | 3.39% | 29,098 | $2.9M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 3.37% | 12,356 | $2.9M | Reduce -2.9% |
| SOFI Sofi Technologies Inc. | 3.21% | 104,638 | $2.7M | Reduce -3.7% |
| IWM iShares Russell 2000 ETF | 2.87% | 9,951 | $2.4M | Reduce -9.6% |
| ETN Eaton Corp. PLC | 2.79% | 7,464 | $2.4M | Reduce -31.1% |
| SLV iShares Silver Trust | 2.77% | 36,449 | $2.4M | Reduce -27.2% |
| PEP Pepsico Inc. | 1.91% | 11,377 | $1.6M | Add +2.1% |
| CAG Conagra Brands Inc. | 1.89% | 92,594 | $1.6M | Add +30.4% |
| AGG iShares Core U.S. Aggregate | 1.76% | 15,040 | $1.5M | Reduce -8.5% |
| V Visa Inc. Class A | 1.73% | 4,199 | $1.5M | Reduce -12.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.71% | 3,114 | $1.5M | Add +6.1% |
| KMI Kinder Morgan Inc. | 1.69% | 52,377 | $1.4M | Reduce -6.0% |
| GOOGL Alphabet Inc. Class A | 1.52% | 4,129 | $1.3M | Reduce -6.5% |
| UBER Uber Technologies Inc. | 1.45% | 14,995 | $1.2M | Add +2.7% |
| NET Cloudflare Inc. Class A | 1.43% | 6,183 | $1.2M | Reduce -1.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.39% | 2,353 | $1.2M | Reduce -3.7% |
| MSFT Microsoft Corp. | 1.37% | 2,328 | $1.2M | Reduce -26.2% |
| BMY Bristol-Myers Squibb Co. | 1.26% | 19,980 | $1.1M | Add +1.7% |
| KJAN Innovator U.S. Small Cap Pow | 1.17% | 24,160 | $1.0M | Reduce -1.8% |
| VZ Verizon Communications Inc. | 1.16% | 24,348 | $992K | Add +21.6% |
| CAVA Cava Group Inc. | 1.05% | 15,207 | $892K | Add +0.1% |
| SHOP Shopify Inc. Class A | 1.04% | 5,497 | $885K | Reduce -8.0% |
| CHWY Chewy Inc. Class A | 1.03% | 26,312 | $879K | Reduce -3.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.01% | 1,209 | $861K | Reduce -0.5% |
| MA Mastercard Inc. Class A | 1.01% | 1,506 | $860K | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 1.01% | 2,739 | $859K | Reduce -27.9% |
| D Dominion Energy Inc. | 0.96% | 13,971 | $819K | Add +15.2% |
| KAPR Innovator U.S. Small Cap Pow | 0.94% | 22,840 | $802K | Reduce -1.9% |
| META Meta Platforms Inc. Class A | 0.92% | 998 | $782K | Reduce -19.4% |
| VGLT Vanguard Long-Term Treasury | 0.89% | 13,675 | $763K | Add +33.3% |
| GDX Vaneck Gold Miners ETF | 0.89% | 8,882 | $762K | Reduce -2.4% |
| KAUG Inv US SML Cap PB ETF - Aug | 0.89% | 28,535 | $757K | Reduce -0.1% |
| ABT Abbott Laboratories | 0.88% | 5,998 | $752K | Reduce -3.6% |
| COST Costco Wholesale Corp. | 0.85% | 837 | $721K | Reduce -3.7% |
| MELI MercadoLibre Inc. | 0.83% | 353 | $711K | Add +52.2% |
| EVTR Eaton Vance Total Return | 0.80% | 13,258 | $683K | Add +102.1% |
| MO Altria Group Inc. | 0.79% | 11,612 | $670K | Reduce -0.1% |
| HD Home Depot Inc. | 0.78% | 1,921 | $661K | Add +133.1% |
| ORI Old Republic Intl Corp. | 0.76% | 14,141 | $645K | Reduce -3.4% |
| ISRG Intuitive Surgical Inc. | 0.74% | 1,118 | $633K | Reduce -10.6% |
| FBND Fidelity Total Bond ETF | 0.67% | 12,390 | $570K | No change |
| AMD Advanced Micro Devices | 0.66% | 2,642 | $566K | Reduce -22.5% |
| KNOV Inn US SML CP Pow B ETF - No | 0.63% | 19,009 | $541K | Reduce -3.5% |
| MMM 3M Co. | 0.63% | 3,362 | $538K | Reduce -2.4% |
| MCD McDonald's Corp. | 0.63% | 1,750 | $535K | Reduce -2.0% |
| RDN Radian Group Inc. | 0.61% | 14,400 | $518K | Reduce -1.7% |
| GNRC Generac Holdings Inc. | 0.60% | 3,733 | $509K | Reduce -1.4% |
| ZS Zscaler Inc. | 0.58% | 2,141 | $491K | New |
| LOW Lowe's Cos Inc. | 0.55% | 1,956 | $472K | No change |
| SWK Stanley Black & Decker Inc. | 0.54% | 6,243 | $464K | Reduce -18.9% |
| PFE Pfizer Inc. | 0.53% | 18,281 | $455K | Add +1.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.51% | 1,675 | $432K | Reduce -6.9% |
| CAT Caterpillar Inc. | 0.49% | 729 | $417K | Reduce -37.9% |
| DE Deere & Co. | 0.49% | 893 | $416K | Reduce -18.3% |
| OLN Olin Corp. | 0.47% | 19,321 | $402K | Reduce -4.8% |
| B Barrick Mining Corp. | 0.45% | 8,838 | $385K | Reduce -7.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.44% | 3,291 | $374K | Reduce -17.9% |
| JNJ Johnson & Johnson | 0.44% | 1,799 | $372K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.43% | 1,920 | $367K | Reduce -0.4% |
| KMB Kimberly-Clark Corp. | 0.43% | 3,630 | $366K | New |
| HUBS HubSpot Inc. | 0.43% | 909 | $365K | New |
| PCT Purecycle Technologies Inc. | 0.42% | 41,900 | $360K | Add +34.7% |
| KDEC Inn US SML Cap P B ETF - Dec | 0.42% | 14,041 | $359K | Reduce -2.8% |
| FLG Flagstar Bank NA | 0.41% | 28,095 | $354K | Add +28.1% |
| KJUL Innovator U.S. Small Cap Pow | 0.41% | 10,961 | $347K | No change |
| WM Waste Management Inc. | 0.41% | 1,575 | $346K | Reduce -19.1% |
| USTB Victoryshares Short-Term Bon | 0.40% | 6,785 | $345K | New |
| RTX RTX Corp. | 0.40% | 1,874 | $344K | No change |
| SLB SLB Ltd. filed as SLB LIMITED | 0.39% | 8,749 | $336K | Reduce -2.3% |
| UNH Unitedhealth Group Inc. | 0.38% | 980 | $324K | Reduce -11.3% |
| BEPC Brookfield Renewable Corp. | 0.38% | 8,425 | $323K | Reduce -5.1% |
| ZTS Zoetis Inc. | 0.37% | 2,523 | $317K | Add +73.3% |
| ETSY Etsy Inc. | 0.37% | 5,722 | $317K | Reduce -5.4% |
| DOW Dow Inc. | 0.37% | 13,443 | $314K | Reduce -2.0% |
| NKE Nike Inc. Class B | 0.37% | 4,927 | $314K | Reduce -3.4% |
| PYPL PayPal Holdings Inc. | 0.36% | 5,228 | $305K | Reduce -22.9% |
| AEP American Electric Power | 0.35% | 2,622 | $302K | Reduce -1.3% |
| OTIS Otis Worldwide Corp. | 0.35% | 3,445 | $301K | Reduce -6.8% |
| CTMX Cytomx Therapeutics Inc. | 0.34% | 68,000 | $290K | Add +1.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.33% | 961 | $279K | Add +4.3% |
| DUK Duke Energy Corp. | 0.33% | 2,375 | $278K | Add +0.1% |
| VPU Vanguard Utilities ETF | 0.33% | 1,500 | $278K | No change |
| VHT Vanguard Health Care ETF | 0.32% | 958 | $276K | Add +0.1% |
| ITOT iShares Core S&P Total U.S. | 0.31% | 1,787 | $266K | Add +14.9% |
| LMT Lockheed Martin Corp. | 0.29% | 510 | $247K | No change |
| WYNN WYNN Resorts Ltd. | 0.28% | 1,970 | $237K | Reduce -0.5% |
| KO The Coca-Cola Co. | 0.27% | 3,351 | $234K | Reduce -0.8% |
| IAU iShares Gold Trust | 0.26% | 2,727 | $221K | Reduce -1.4% |
| BABA Alibaba Group Holding-SP ADR | 0.26% | 1,350 | $218K | Add +15.6% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.25% | 718 | $217K | Add +6.7% |
| GM General Motors Co. | 0.25% | 2,625 | $213K | New |
| PRU Prudential Financial Inc. | 0.25% | 1,856 | $210K | New |
| FTNT Fortinet Inc. | 0.24% | 2,593 | $206K | Reduce -4.8% |
| XOM Exxon Mobil Corp. | 0.24% | 1,711 | $206K | New |
| EVIM Eaton Vance Int Muni Income | 0.24% | 3,870 | $205K | New |
| GBTC Grayscale Bitcoin Trust ETF | 0.24% | 2,980 | $204K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| ETN Eaton Corp. PLC | Reduce -31.1% | 2.79% | −1.90 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.95 |
| K Kellanova | Sold out | 0.00% | −0.61 |
| RKLB Rocket Lab Corp. | Sold out | 0.00% | −0.55 |
| MSFT Microsoft Corp. | Reduce -26.2% | 1.37% | −0.52 |
| ASTS Ast Spacemobile Inc. | Sold out | 0.00% | −0.41 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.33 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.33 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.32 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.28 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.26 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.26 |
| CHWY Chewy Inc. Class A | Reduce -3.5% | 1.03% | −0.24 |
| ITB iShares U.S. Home Constructi | Sold out | 0.00% | −0.24 |
| SYK Stryker Corp. | Sold out | 0.00% | −0.23 |
| NFLX Netflix Inc. | Reduce -93.8% | 0.02% | −0.23 |
| PTLO Portillo's Inc. Class A | Reduce -34.9% | 0.19% | −0.21 |
| IWM iShares Russell 2000 ETF | Reduce -9.6% | 2.87% | −0.21 |
| AAPL Apple Inc. | Reduce -11.2% | 4.29% | −0.17 |
| V Visa Inc. Class A | Reduce -12.6% | 1.73% | −0.17 |
| PYPL PayPal Holdings Inc. | Reduce -22.9% | 0.36% | −0.17 |
| CAT Caterpillar Inc. | Reduce -37.9% | 0.49% | −0.16 |
| AGG iShares Core U.S. Aggregate | Reduce -8.5% | 1.76% | −0.14 |
| GNRC Generac Holdings Inc. | Reduce -1.4% | 0.60% | −0.14 |
| META Meta Platforms Inc. Class A | Reduce -19.4% | 0.92% | −0.13 |
| KMI Kinder Morgan Inc. | Reduce -6.0% | 1.69% | −0.13 |
| NET Cloudflare Inc. Class A | Reduce -1.5% | 1.43% | −0.13 |
| SWK Stanley Black & Decker Inc. | Reduce -18.9% | 0.54% | −0.12 |
| OLN Olin Corp. | Reduce -4.8% | 0.47% | −0.11 |
| TWI Titan International Inc. | Sold out | 0.00% | −0.11 |
| SOFI Sofi Technologies Inc. | Reduce -3.7% | 3.21% | −0.10 |
| MO Altria Group Inc. | Reduce -0.1% | 0.79% | −0.10 |
| ETSY Etsy Inc. | Reduce -5.4% | 0.37% | −0.09 |
| DIS The Walt Disney Co. | Reduce -17.9% | 0.44% | −0.09 |
| WM Waste Management Inc. | Reduce -19.1% | 0.41% | −0.09 |
| DE Deere & Co. | Reduce -18.3% | 0.49% | −0.09 |
| COST Costco Wholesale Corp. | Reduce -3.7% | 0.85% | −0.08 |
| ABT Abbott Laboratories | Reduce -3.6% | 0.88% | −0.08 |
| UNH Unitedhealth Group Inc. | Reduce -11.3% | 0.38% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -27.9% | 1.01% | −0.06 |
| NKE Nike Inc. Class B | Reduce -3.4% | 0.37% | −0.04 |
| OTIS Otis Worldwide Corp. | Reduce -6.8% | 0.35% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.7% | 1.39% | −0.03 |
| WEN The Wendy's Co. | Reduce -15.5% | 0.11% | −0.03 |
| FTNT Fortinet Inc. | Reduce -4.8% | 0.24% | −0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -6.9% | 0.51% | −0.02 |
| WYNN WYNN Resorts Ltd. | Reduce -0.5% | 0.28% | −0.02 |
| RDN Radian Group Inc. | Reduce -1.7% | 0.61% | −0.01 |
| KDEC Inn US SML Cap P B ETF - Dec | Reduce -2.8% | 0.42% | −0.00 |
| MCD McDonald's Corp. | Reduce -2.0% | 0.63% | +0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| VGSH Vanguard Short-Term Treasury | Add +51.0% | 3.50% | +1.21 |
| IEF iShares 7-10 Year Treasury B | Add +16.7% | 5.35% | +0.82 |
| ZS Zscaler Inc. | New | 0.58% | +0.58 |
| TLT iShares 20+ Year Treasury BD | Add +14.6% | 4.18% | +0.49 |
| KMB Kimberly-Clark Corp. | New | 0.43% | +0.43 |
| HUBS HubSpot Inc. | New | 0.43% | +0.43 |
| EVTR Eaton Vance Total Return | Add +102.1% | 0.80% | +0.41 |
| USTB Victoryshares Short-Term Bon | New | 0.40% | +0.40 |
| HD Home Depot Inc. | Add +133.1% | 0.78% | +0.39 |
| CAG Conagra Brands Inc. | Add +30.4% | 1.89% | +0.39 |
| GM General Motors Co. | New | 0.25% | +0.25 |
| PRU Prudential Financial Inc. | New | 0.25% | +0.25 |
| XOM Exxon Mobil Corp. | New | 0.24% | +0.24 |
| EVIM Eaton Vance Int Muni Income | New | 0.24% | +0.24 |
| BMY Bristol-Myers Squibb Co. | Add +1.7% | 1.26% | +0.24 |
| GSK GSK PLC-Spon ADR | New | 0.24% | +0.24 |
| VGT Vanguard Info Tech ETF | New | 0.24% | +0.24 |
| IBIT iShares Bitcoin Trust ETF | New | 0.23% | +0.23 |
| VGLT Vanguard Long-Term Treasury | Add +33.3% | 0.89% | +0.22 |
| MELI MercadoLibre Inc. | Add +52.2% | 0.83% | +0.21 |
| VZ Verizon Communications Inc. | Add +21.6% | 1.16% | +0.15 |
| ZTS Zoetis Inc. | Add +73.3% | 0.37% | +0.13 |
| CAVA GROUP INC | New | 0.12% | +0.12 |
| FLG Flagstar Bank NA | Add +28.1% | 0.41% | +0.12 |
| PEP Pepsico Inc. | Add +2.1% | 1.91% | +0.11 |
| D Dominion Energy Inc. | Add +15.2% | 0.96% | +0.10 |
| IVVD Invivyd Inc. | Add +37.8% | 0.15% | +0.10 |
| NNVC Nanoviricides Inc. | New | 0.10% | +0.10 |
| CTMX Cytomx Therapeutics Inc. | Add +1.5% | 0.34% | +0.09 |
| ITOT iShares Core S&P Total U.S. | Add +14.9% | 0.31% | +0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +6.1% | 1.71% | +0.05 |
| VHT Vanguard Health Care ETF | Add +0.1% | 0.32% | +0.04 |
| IRD Opus Genetics Inc. | New | 0.02% | +0.02 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +6.7% | 0.25% | +0.02 |
| F Ford Motor Co. | Add +0.1% | 0.20% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +4.3% | 0.33% | +0.01 |
| BABA Alibaba Group Holding-SP ADR | Add +15.6% | 0.26% | +0.01 |
| DTIL Precision Biosciences Inc. | Add +50.0% | 0.07% | +0.01 |
| PFE Pfizer Inc. | Add +1.7% | 0.53% | +0.00 |
| DUK Duke Energy Corp. | Add +0.1% | 0.33% | −0.01 |
| CAVA Cava Group Inc. | Add +0.1% | 1.05% | −0.01 |
| RNAC Cartesian Therapeutics Inc. | Add +17.2% | 0.12% | −0.02 |
| PCT Purecycle Technologies Inc. | Add +34.7% | 0.42% | −0.05 |
| UBER Uber Technologies Inc. | Add +2.7% | 1.45% | −0.20 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 138 | $123.8M | PEP, IEF, TLT, AAPL, ETN |
| Q1 2026 | 119 | $89.7M | IEF, TLT, AAPL, VGSH, VGLT |
| Q4 2025 | 114 | $85.3M | IEF, AAPL, TLT, VGSH, UPS |
| Q3 2025 | 113 | $86.5M | ETN, IEF, AAPL, TLT, SOFI |
| Q2 2025 | 107 | $78.4M | ETN, IEF, AAPL, AMZN, IWM |
| Q1 2025 | 97 | $69.6M | ETN, AAPL, IEF, AMZN, IWM |
| Q4 2024 | 128 | $118.4M | AGG, IWM, AAPL, AMZN, TLT |