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

0$50.0M$100.0M$150.0M Q4 2024: $118.4M Q4 2024 Q1 2025: $69.6M Q1 2025 Q2 2025: $78.4M Q2 2025 Q3 2025: $86.5M Q3 2025 Q4 2025: $85.3M $85.3M Q4 2025 Q1 2026: $89.7M Q1 2026 Q2 2026: $123.8M Q2 2026

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
GSK GSK PLC-Spon ADR 0.24% 4,145 $203K New
VGT Vanguard Info Tech ETF 0.24% 266 $201K New
IBIT iShares Bitcoin Trust ETF 0.23% 4,035 $200K New
F Ford Motor Co. filed as FORD MTR CO 0.20% 13,060 $171K Add +0.1%
PTLO Portillo's Inc. Class A 0.19% 34,775 $158K Reduce -34.9%
BTZ BlackRock Credit Allocation 0.17% 13,000 $141K No change
IVVD Invivyd Inc. 0.15% 51,000 $126K Add +37.8%
CAVA GROUP INC 0.12% 60 $106K New
RNAC Cartesian Therapeutics Inc. 0.12% 13,643 $98K Add +17.2%
WEN The Wendy's Co. 0.11% 10,907 $91K Reduce -15.5%
NNVC Nanoviricides Inc. 0.10% 72,000 $81K New
DTIL Precision Biosciences Inc. 0.07% 15,000 $62K Add +50.0%
IRD Opus Genetics Inc. 0.02% 10,000 $20K New
NFLX Netflix Inc. 0.02% 112 $17K Reduce -93.8%

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 138$123.8MPEP, IEF, TLT, AAPL, ETN
Q1 2026 119$89.7MIEF, TLT, AAPL, VGSH, VGLT
Q4 2025 114$85.3MIEF, AAPL, TLT, VGSH, UPS
Q3 2025 113$86.5METN, IEF, AAPL, TLT, SOFI
Q2 2025 107$78.4METN, IEF, AAPL, AMZN, IWM
Q1 2025 97$69.6METN, AAPL, IEF, AMZN, IWM
Q4 2024 128$118.4MAGG, IWM, AAPL, AMZN, TLT