Montag A & Associates Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), Montag A & Associates Inc. reported 988 stock positions worth $2.1 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 6.1% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 5.1%) and Apple (AAPL, 3.7%). Compared with Q3 2024, it opened 28 new positions, sold out of 59, added to 173 and reduced 281. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +10%) and the biggest sale Vanguard Intermediate-Term T (VGIT, shares −52%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0000829407
- Portfolio Value
- $2.1B (Q4 2024)
- SEC Filing
- 0000829407-25-000001 ↗ filed Jan 30, 2025
Holdings Value
Holdings 988 stocks · $2.1B
| IVV iShares Core S&P 500 ETF | 6.08% | 216,979 | $127.7M | Add +10.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.14% | 183,652 | $108.0M | Reduce -0.1% |
| AAPL Apple Inc. | 3.73% | 312,984 | $78.4M | Reduce -0.7% |
| MDY State Street SPDR S&P Midcap | 2.95% | 108,391 | $62.0M | Reduce -1.9% |
| MSFT Microsoft Corp. | 2.90% | 144,747 | $61.0M | Add +0.3% |
| GOOG Alphabet Inc. Class C | 2.51% | 277,130 | $52.8M | Reduce -1.5% |
| AMZN Amazon.com Inc. | 1.92% | 184,233 | $40.4M | Reduce -0.4% |
| IWB iShares Russell 1000 ETF | 1.68% | 109,763 | $35.4M | Add +0.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.47% | 128,179 | $30.8M | Add +28.3% |
| KO The Coca-Cola Co. | 1.45% | 490,492 | $30.5M | Reduce -2.7% |
| HD Home Depot Inc. | 1.41% | 75,989 | $29.6M | Reduce -1.5% |
| RSP Invesco S&P 500 Equal Weight | 1.37% | 164,543 | $28.8M | Reduce -7.0% |
| FISV Fiserv Inc. | 1.36% | 139,127 | $28.6M | Add +2.5% |
| NVDA Nvidia Corp. | 1.15% | 180,551 | $24.2M | Add +5.7% |
| V Visa Inc. Class A | 1.13% | 75,262 | $23.8M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 1.12% | 124,793 | $23.6M | Reduce -1.2% |
| WMT Walmart Inc. | 1.09% | 252,758 | $22.9M | Reduce -1.0% |
| VIG Vanguard Dividend Apprec ETF | 1.09% | 116,506 | $22.8M | Reduce -1.0% |
| IWF iShares Russell 1000 Growth | 1.06% | 55,444 | $22.3M | Add +6.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.04% | 498,830 | $21.9M | Add +0.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.03% | 82,275 | $21.7M | Add +35.3% |
| IJH iShares Core S&P Midcap ETF | 1.00% | 338,369 | $21.1M | Add +39.8% |
| JPM JPMorgan Chase & Co. | 0.98% | 85,927 | $20.6M | Reduce -1.6% |
| IJR iShares Core S&P Small-Cap E | 0.93% | 169,851 | $19.6M | Add +168.9% |
| VOO Vanguard S&P 500 ETF | 0.93% | 36,306 | $19.6M | Reduce -1.3% |
| GS Goldman Sachs Group Inc. | 0.87% | 31,765 | $18.2M | Add +6.1% |
| LLY Eli Lilly & Co. | 0.86% | 23,495 | $18.1M | Reduce -17.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.83% | 223,623 | $17.4M | Reduce -3.9% |
| AVGO Broadcom Inc. | 0.82% | 74,330 | $17.2M | Add +11.5% |
| MRK Merck & Co. Inc. | 0.79% | 164,700 | $16.5M | Reduce -7.8% |
| COST Costco Wholesale Corp. | 0.76% | 17,429 | $16.0M | Reduce -9.9% |
| ADBE Adobe Inc. | 0.74% | 34,970 | $15.6M | Reduce -3.2% |
| SHY iShares 1-3 Year Treasury Bo | 0.72% | 184,124 | $15.1M | Add +56.3% |
| IWD iShares Russell 1000 Value E | 0.70% | 79,060 | $14.6M | Add +15.1% |
| VGIT Vanguard Intermediate-Term T | 0.69% | 250,808 | $14.5M | Reduce -51.6% |
| XLK SS Technology Select Sector | 0.69% | 62,033 | $14.4M | Reduce -0.2% |
| JNJ Johnson & Johnson | 0.67% | 97,990 | $14.2M | Reduce -8.9% |
| EFX Equifax Inc. | 0.66% | 54,258 | $13.8M | Reduce -0.2% |
| VGSH Vanguard Short-Term Treasury | 0.66% | 237,044 | $13.8M | Reduce -6.0% |
| SYK Stryker Corp. | 0.64% | 37,207 | $13.4M | Reduce -0.3% |
| CPRT Copart Inc. | 0.64% | 233,628 | $13.4M | Reduce -1.1% |
| MA Mastercard Inc. Class A | 0.63% | 25,045 | $13.2M | Reduce -0.5% |
| MAR Marriott International Class A | 0.62% | 47,054 | $13.1M | Reduce -1.7% |
| ABBV Abbvie Inc. | 0.61% | 72,092 | $12.8M | Reduce -2.6% |
| PEP Pepsico Inc. | 0.60% | 82,622 | $12.7M | Reduce -2.8% |
| PG The Procter & Gamble Co. | 0.60% | 75,450 | $12.6M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.60% | 27,773 | $12.6M | Add +1.3% |
| PH Parker Hannifin Corp. | 0.56% | 18,637 | $11.9M | Reduce -2.6% |
| ABT Abbott Laboratories | 0.55% | 102,643 | $11.6M | Reduce -1.9% |
| KRE SS SPDR S&P Regional Bank | 0.52% | 181,685 | $11.0M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 0.49% | 96,056 | $10.3M | Reduce -1.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.49% | 85,126 | $10.3M | Reduce -0.2% |
| IWM iShares Russell 2000 ETF | 0.43% | 41,034 | $9.1M | Reduce -3.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.43% | 45,496 | $9.0M | Add +3.7% |
| ADI Analog Devices Inc. | 0.43% | 42,233 | $9.0M | Add +0.1% |
| AME Ametek Inc. | 0.41% | 48,073 | $8.7M | Reduce -2.5% |
| ISRG Intuitive Surgical Inc. | 0.41% | 16,429 | $8.6M | Reduce -16.4% |
| URI United Rentals Inc. | 0.41% | 12,102 | $8.5M | Reduce -1.7% |
| MS Morgan Stanley | 0.40% | 67,550 | $8.5M | Reduce -0.8% |
| INTU Intuit Inc. | 0.40% | 13,435 | $8.4M | Reduce -13.2% |
| TDW Tidewater Inc. | 0.40% | 151,834 | $8.3M | Reduce -29.0% |
| ICE Intercontinental Exchange Inc. | 0.38% | 53,595 | $8.0M | Reduce -1.1% |
| AMAT Applied Materials Inc. | 0.37% | 47,767 | $7.8M | Reduce -43.8% |
| JPST JPMorgan Ultra-Short Income | 0.36% | 148,847 | $7.5M | Add +11.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.36% | 11 | $7.5M | No change |
| MCD McDonald's Corp. | 0.34% | 24,626 | $7.1M | Reduce -4.9% |
| GPC Genuine Parts Co. | 0.34% | 60,591 | $7.1M | Reduce -1.9% |
| CSCO Cisco Systems Inc. | 0.34% | 119,559 | $7.1M | Reduce -7.6% |
| CBRE CBRE Group Inc. Class A | 0.33% | 52,412 | $6.9M | Reduce -21.3% |
| TMO Thermo Fisher Scientific Inc. | 0.33% | 13,132 | $6.8M | Reduce -1.5% |
| AXP American Express Co. | 0.32% | 22,946 | $6.8M | Add +1.6% |
| TFC Truist Financial Corp. | 0.31% | 152,113 | $6.6M | Reduce -1.8% |
| CVX Chevron Corp. | 0.31% | 45,447 | $6.6M | Reduce -5.9% |
| DHR Danaher Corp. | 0.31% | 28,099 | $6.5M | Reduce -2.6% |
| MKL Markel Group Inc. | 0.29% | 3,499 | $6.0M | Reduce -0.8% |
| NFLX Netflix Inc. | 0.29% | 6,735 | $6.0M | Reduce -21.7% |
| CAT Caterpillar Inc. | 0.28% | 16,433 | $6.0M | Add +0.2% |
| MRVL Marvell Technology Inc. | 0.28% | 52,623 | $5.8M | Reduce -0.7% |
| MINT PIMCO Enhanced Short Maturit | 0.27% | 57,302 | $5.8M | Reduce -29.9% |
| UNH Unitedhealth Group Inc. | 0.27% | 11,396 | $5.8M | Reduce -0.0% |
| MAA Mid-America Apartment Comm | 0.27% | 36,329 | $5.6M | No change |
| PYPL PayPal Holdings Inc. | 0.27% | 65,391 | $5.6M | Add +5.1% |
| LOW Lowe's Cos Inc. | 0.25% | 21,360 | $5.3M | Add +2.6% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.25% | 12,245 | $5.2M | No change |
| VMC Vulcan Materials Co. | 0.25% | 20,296 | $5.2M | Reduce -1.0% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.25% | 88,025 | $5.2M | Reduce -1.0% |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.24% | 267,411 | $5.0M | Reduce -1.3% |
| BMY Bristol-Myers Squibb Co. | 0.24% | 89,258 | $5.0M | Add +319.2% |
| NEE Nextera Energy Inc. | 0.24% | 69,204 | $5.0M | Add +5.4% |
| APH Amphenol Corp. Class A | 0.23% | 70,734 | $4.9M | Add +53.9% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.23% | 22,960 | $4.9M | New |
| NDAQ Nasdaq Inc. | 0.23% | 62,582 | $4.8M | Add +8.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.23% | 28,514 | $4.8M | Reduce -1.6% |
| PAVE Global X US Infrastructure | 0.23% | 118,160 | $4.8M | Add +0.2% |
| SPHQ Invesco S&P 500 Quality ETF | 0.22% | 69,773 | $4.7M | Reduce -0.4% |
| MAS Masco Corp. | 0.22% | 64,293 | $4.7M | Reduce -1.8% |
| CDW CDW Corp. | 0.22% | 26,765 | $4.7M | Reduce -4.4% |
| ORCL Oracle Corp. | 0.22% | 27,331 | $4.6M | Reduce -4.2% |
| CTAS Cintas Corp. | 0.22% | 24,888 | $4.5M | Reduce -1.5% |
| DY Dycom Industries Inc. | 0.22% | 26,018 | $4.5M | Reduce -27.3% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $6.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 3,005 | $3.7M | Add +1.4% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,944 | $2.3M | Add +4.6% |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 150 | $7K | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 236 | $7K | No change |
Lines left out (1) · $7 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| HPF John Hancock Prefer Inc. II | COM | 0 | $7 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $2.1B.
Portfolio Sells Q3 2024 → Q4 2024
| VGIT Vanguard Intermediate-Term T | Reduce -51.6% | 0.69% | −0.79 |
| AMAT Applied Materials Inc. | Reduce -43.8% | 0.37% | −0.44 |
| MU Micron Technology Inc. | Reduce -62.9% | 0.15% | −0.35 |
| LLY Eli Lilly & Co. | Reduce -17.9% | 0.86% | −0.34 |
| TDW Tidewater Inc. | Reduce -29.0% | 0.40% | −0.33 |
| SOXX iShares Semiconductor ETF | Reduce -55.1% | 0.20% | −0.28 |
| KO The Coca-Cola Co. | Reduce -2.7% | 1.45% | −0.27 |
| XBI SS SPDR S&P Biotech ETF | Reduce -98.5% | 0.00% | −0.19 |
| MRK Merck & Co. Inc. | Reduce -7.8% | 0.79% | −0.18 |
| JNJ Johnson & Johnson | Reduce -8.9% | 0.67% | −0.15 |
| ADBE Adobe Inc. | Reduce -3.2% | 0.74% | −0.15 |
| IBTE iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.14 |
| FCX Freeport-McMoran Inc. | Reduce -76.5% | 0.03% | −0.13 |
| AMT American Tower Corp. | Reduce -96.5% | 0.00% | −0.13 |
| RSP Invesco S&P 500 Equal Weight | Reduce -7.0% | 1.37% | −0.13 |
| DY Dycom Industries Inc. | Reduce -27.3% | 0.22% | −0.12 |
| ITB iShares U.S. Home Constructi | Reduce -51.9% | 0.08% | −0.12 |
| CEG Constellation Energy | Reduce -38.8% | 0.13% | −0.12 |
| IQV Iqvia Holdings Inc. | Reduce -31.0% | 0.16% | −0.12 |
| BSCO Invesco Bulletshares 2024 CB | Sold out | 0.00% | −0.12 |
| MINT PIMCO Enhanced Short Maturit | Reduce -29.9% | 0.27% | −0.12 |
| EFX Equifax Inc. | Reduce -0.2% | 0.66% | −0.10 |
| ABBV Abbvie Inc. | Reduce -2.6% | 0.61% | −0.08 |
| PEP Pepsico Inc. | Reduce -2.8% | 0.60% | −0.08 |
| CDW CDW Corp. | Reduce -4.4% | 0.22% | −0.08 |
| HD Home Depot Inc. | Reduce -1.5% | 1.41% | −0.07 |
| DHR Danaher Corp. | Reduce -2.6% | 0.31% | −0.07 |
| GPC Genuine Parts Co. | Reduce -1.9% | 0.34% | −0.07 |
| URI United Rentals Inc. | Reduce -1.7% | 0.41% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.5% | 0.33% | −0.07 |
| CBRE CBRE Group Inc. Class A | Reduce -21.3% | 0.33% | −0.07 |
| AMD Advanced Micro Devices | Reduce -0.2% | 0.16% | −0.06 |
| MPWR Monolithic Power Systems Inc. | Reduce -37.8% | 0.04% | −0.06 |
| KMX Carmax Inc. | Reduce -48.5% | 0.06% | −0.05 |
| INTU Intuit Inc. | Reduce -13.2% | 0.40% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -9.9% | 0.76% | −0.05 |
| BSX Boston Scientific Corp. | Reduce -84.2% | 0.01% | −0.05 |
| QCOM Qualcomm Inc. | Reduce -28.3% | 0.10% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -1.7% | 0.49% | −0.05 |
| BA The Boeing Co. | Reduce -42.7% | 0.10% | −0.05 |
| ISRG Intuitive Surgical Inc. | Reduce -16.4% | 0.41% | −0.05 |
| NVR NVR Inc. | Reduce -8.3% | 0.16% | −0.05 |
| VGSH Vanguard Short-Term Treasury | Reduce -6.0% | 0.66% | −0.05 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -3.9% | 0.83% | −0.04 |
| AVAV Aerovironment Inc. | Reduce -73.6% | 0.01% | −0.04 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -2.5% | 0.18% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -0.0% | 0.27% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -21.9% | 0.09% | −0.04 |
| OLED Universal Display Corp. | Reduce -2.1% | 0.09% | −0.04 |
| LMT Lockheed Martin Corp. | Reduce -1.9% | 0.18% | −0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| IVV iShares Core S&P 500 ETF | Add +10.0% | 6.08% | +0.69 |
| IJR iShares Core S&P Small-Cap E | Add +168.9% | 0.93% | +0.58 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +28.3% | 1.47% | +0.34 |
| IJH iShares Core S&P Midcap ETF | Add +39.8% | 1.00% | +0.29 |
| AVGO Broadcom Inc. | Add +11.5% | 0.82% | +0.28 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +35.3% | 1.03% | +0.27 |
| SHY iShares 1-3 Year Treasury Bo | Add +56.3% | 0.72% | +0.25 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | New | 0.23% | +0.23 |
| FISV Fiserv Inc. | Add +2.5% | 1.36% | +0.21 |
| EA Electronic Arts Inc. | Add +418914.3% | 0.20% | +0.20 |
| BMY Bristol-Myers Squibb Co. | Add +319.2% | 0.24% | +0.19 |
| NVDA Nvidia Corp. | Add +5.7% | 1.15% | +0.17 |
| DLR Digital Realty Trust Inc. | Add +3988.7% | 0.17% | +0.17 |
| GS Goldman Sachs Group Inc. | Add +6.1% | 0.87% | +0.16 |
| IWF iShares Russell 1000 Growth | Add +6.9% | 1.06% | +0.14 |
| IBTG iShares Ibonds Dec 2026 Term | Add +1681.4% | 0.14% | +0.13 |
| BAC Bank of America Corp. | Add +0.1% | 1.04% | +0.11 |
| VST Vistra Corp. | Add +119.1% | 0.17% | +0.11 |
| DE Deere & Co. | Add +104.3% | 0.20% | +0.10 |
| SMLF iShares US Smallcap Equity F | New | 0.09% | +0.09 |
| APH Amphenol Corp. Class A | Add +53.9% | 0.23% | +0.09 |
| VFC VF Corp. | Add +4473.6% | 0.09% | +0.09 |
| NVT Nvent Electric PLC | New | 0.08% | +0.08 |
| IWD iShares Russell 1000 Value E | Add +15.1% | 0.70% | +0.08 |
| BSCR Invesco Bulletshares 2027 CB | Add +167.7% | 0.12% | +0.08 |
| DFS Discover Financial Services | Add +472.1% | 0.09% | +0.07 |
| VWO Vanguard Ftse Emerging Marke | Add +348.5% | 0.09% | +0.07 |
| LULU Lululemon Athletica Inc. | Add +495.1% | 0.08% | +0.07 |
| TSM Taiwan Semiconductor-SP ADR | Add +3.7% | 0.43% | +0.07 |
| GSY Invesco Ultra Short Duration | Add +509.8% | 0.07% | +0.06 |
| IWB iShares Russell 1000 ETF | Add +0.6% | 1.68% | +0.06 |
| DFAC Dimensional US Core Equity 2 | New | 0.05% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +194.5% | 0.07% | +0.04 |
| JPST JPMorgan Ultra-Short Income | Add +11.6% | 0.36% | +0.04 |
| MSCI MSCI Inc. | Add +344.7% | 0.05% | +0.04 |
| PYPL PayPal Holdings Inc. | Add +5.1% | 0.27% | +0.04 |
| AXP American Express Co. | Add +1.6% | 0.32% | +0.03 |
| NDAQ Nasdaq Inc. | Add +8.0% | 0.23% | +0.03 |
| GBTC Grayscale Bitcoin Trust ETF | Add +42.0% | 0.05% | +0.03 |
| META Meta Platforms Inc. Class A | Add +14.3% | 0.18% | +0.03 |
| TRMB Trimble Inc. | New | 0.02% | +0.02 |
| SHOP Shopify Inc. Class A | Add +0.0% | 0.09% | +0.02 |
| COF Capital One Financial Corp. | Add +143.3% | 0.03% | +0.02 |
| EME Emcor Group Inc. | Add +13.0% | 0.12% | +0.02 |
| CASY Casey's General Stores Inc. | Add +4.0% | 0.19% | +0.02 |
| AON Aon PLC Class A | New | 0.02% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | Add +87.3% | 0.04% | +0.01 |
| BSCP Invesco Bulletshares 2025 CB | Add +7.9% | 0.17% | +0.01 |
| KBWB Invesco KBW Bank ETF | New | 0.01% | +0.01 |
| TXRH Texas Roadhouse Inc. | Add +99.3% | 0.03% | +0.01 |
Notes & Other Activity Q3 2024 → Q4 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +1.4% | 3,005 | $3.7M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +4.6% | 1,944 | $2.3M |
| SEAPORT ENTERTAINMENT GR-RTS | RIGHT 10/10/2024 | Sold out | 388 | $1Kbefore exit |
| HBAN Huntington Bancshares Inc. | COM | Sold out | 0 | $5before exit |
| CINF Cincinnati Financial Corp. | COM | Sold out | 0 | $2before 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 | 949 | $2.4B | IVV, SPY, AAPL, MDY, GOOG |
| Q1 2026 | 928 | $2.1B | IVV, SPY, AAPL, MDY, GOOG |
| Q4 2025 | 945 | $2.2B | IVV, SPY, AAPL, MSFT, GOOG |
| Q3 2025 | 1,110 | $2.2B | IVV, SPY, AAPL, MSFT, MDY |
| Q2 2025 | 936 | $2.0B | IVV, SPY, MSFT, AAPL, MDY |
| Q1 2025 | 986 | $2.0B | IVV, SPY, AAPL, MDY, MSFT |
| Q4 2024 | 988 | $2.1B | IVV, SPY, AAPL, MDY, MSFT |
| Q3 2024 | 1,019 | $2.1B | IVV, SPY, AAPL, MDY, MSFT |
| Q2 2024 | 974 | $2.0B | IVV, SPY, MSFT, AAPL, MDY |
| Q1 2024 | 959 | $2.0B | SPY, IVV, MSFT, MDY, AAPL |