Nicolet Advisory Services, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Nicolet Advisory Services, LLC reported 369 stock positions worth $1.1 billion. Its top holding was SS SPDR P S&P 500 Value ETF (SPYV) at 14.8% of the portfolio, followed by SS SPDR P S&P 500 Growth ETF (SPYG, 12.4%) and iShares Core S&P Total U.S. (ITOT, 3.4%). Compared with Q2 2024, it opened 27 new positions, sold out of 12, added to 180 and reduced 145. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +2%) and the biggest sale Bank First (BFC, shares −66%).

Most Recent 13F
Q4 2025
Location
GREEN BAY, WI
CIK
0001775863
Portfolio Value
$1.1B (Q3 2024)
SEC Filing
0001775863-24-000013 ↗ filed Nov 12, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $984.6M Q1 2024 Q2 2024: $1.0B Q2 2024 Q3 2024: $1.1B $1.1B Q3 2024 Q4 2024: $1.1B Q4 2024 Q1 2025: $1.0B Q1 2025 Q2 2025: $1.2B Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $1.5B Q4 2025

Holdings 369 stocks · $1.1B

SPYV SS SPDR P S&P 500 Value ETF 14.84% 3,000,995 $157.2M Reduce -2.2%
SPYG SS SPDR P S&P 500 Growth ETF 12.37% 1,599,478 $131.0M Reduce -1.5%
ITOT iShares Core S&P Total U.S. 3.45% 293,853 $36.5M Reduce -1.7%
AAPL Apple Inc. 3.28% 154,131 $34.8M Add +0.4%
VTEB Vanguard Tax-Exempt Bond ETF 2.65% 549,568 $28.0M Add +3.3%
VEA Vanguard Ftse Developed ETF 2.54% 518,851 $26.9M Reduce -2.8%
BRK.B Berkshire Hathaway Inc. Class B 2.47% 57,807 $26.2M Add +1.8%
FBND Fidelity Total Bond ETF 2.35% 535,474 $24.9M Add +6.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.34% 94,734 $24.8M Reduce -1.2%
BND Vanguard Total Bond Market 1.93% 274,498 $20.5M Add +2.6%
PG The Procter & Gamble Co. 1.82% 113,495 $19.3M Reduce -2.0%
MSFT Microsoft Corp. 1.81% 45,962 $19.1M Add +3.3%
UITB Victoryshares Core Intermedi 1.55% 343,261 $16.4M Add +6.2%
TLH iShares 10-20 Year Treasury 1.43% 140,240 $15.2M Reduce -1.6%
AMJB Alerian MLP ETN2044 filed as JPMORGAN CHASE FINL CO LLC 1.29% 475,140 $13.7M Reduce -0.5%
JPM JPMorgan Chase & Co. 1.27% 65,417 $13.4M Add +0.7%
AVRE Avantis Real Estate ETF 1.20% 274,771 $12.7M Reduce -1.5%
VOO Vanguard S&P 500 ETF 1.19% 24,250 $12.7M Add +3.5%
MUB iShares National Muni Bond E 1.15% 112,031 $12.2M Reduce -2.3%
WEC WEC Energy Group Inc. 1.06% 116,995 $11.3M Add +0.8%
IVV iShares Core S&P 500 ETF 1.05% 19,545 $11.2M Reduce -2.5%
NVDA Nvidia Corp. 1.02% 88,378 $10.9M Add +5.6%
YLD Principal Act Hi YLD ETF 0.98% 534,036 $10.4M Reduce -32.1%
AMLP Alerian MLP ETF 0.92% 205,175 $9.7M Add +1.2%
VB Vanguard Most SM-Cap ETF-Usd 0.91% 41,339 $9.7M Add +1.0%
AMZN Amazon.com Inc. 0.88% 51,439 $9.4M Add +3.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.83% 50,539 $8.8M Add +3.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.71% 19,855 $7.5M Reduce -4.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.71% 13,247 $7.5M Reduce -2.0%
HD Home Depot Inc. 0.71% 18,242 $7.5M Add +4.6%
PEP Pepsico Inc. 0.69% 43,079 $7.3M Add +2.2%
VGSH Vanguard Short-Term Treasury 0.68% 122,273 $7.2M Add +1.6%
SUB iShares Short-Term National 0.65% 65,228 $6.9M Reduce -0.5%
GOOGL Alphabet Inc. Class A 0.62% 39,543 $6.6M Reduce -4.9%
BFC Bank First Corp. 0.61% 74,673 $6.5M Reduce -66.2%
KO The Coca-Cola Co. 0.58% 87,759 $6.2M Add +1.9%
IEMG iShares Core MSCI Emerging 0.57% 103,789 $6.0M Reduce -1.9%
META Meta Platforms Inc. Class A 0.48% 8,719 $5.1M Add +2.6%
XOM Exxon Mobil Corp. 0.43% 36,809 $4.5M Reduce -4.8%
IGF iShares Global Infrastructur 0.41% 80,224 $4.4M Reduce -3.6%
OSK Oshkosh Corp. 0.39% 41,948 $4.2M Reduce -3.9%
DFAC Dimensional US Core Equity 2 0.38% 118,405 $4.0M Reduce -0.0%
UNH Unitedhealth Group Inc. 0.36% 6,405 $3.8M Add +14.1%
VGIT Vanguard Intermediate-Term T 0.36% 63,032 $3.8M Add +4.7%
ABT Abbott Laboratories 0.35% 32,768 $3.7M Add +7.1%
WMT Walmart Inc. 0.34% 45,330 $3.6M Add +1.7%
GOOG Alphabet Inc. Class C 0.32% 20,369 $3.4M Add +8.6%
GUNR NT Mstar GLBL NR ETF 0.31% 78,746 $3.3M Reduce -1.3%
ETN Eaton Corp. PLC 0.30% 9,581 $3.1M Add +17.4%
LLY Eli Lilly & Co. 0.29% 3,497 $3.1M Add +8.3%
SPDW Ste STR SPDR PT DW Eu ETF 0.28% 81,324 $3.0M Reduce -5.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.27% 25,159 $2.9M Reduce -2.5%
COST Costco Wholesale Corp. 0.26% 3,172 $2.8M Add +11.7%
ORCL Oracle Corp. 0.26% 16,425 $2.7M Reduce -5.3%
MDY State Street SPDR S&P Midcap 0.22% 4,123 $2.3M Add +3.7%
ABBV Abbvie Inc. 0.21% 11,222 $2.2M Reduce -1.1%
TSLA Tesla Inc. 0.21% 9,044 $2.2M Add +3.3%
MCD McDonald's Corp. 0.20% 7,119 $2.2M Reduce -4.7%
SPMD SS SPDR P S&P 400 Midcap ETF 0.20% 39,466 $2.1M Reduce -3.1%
HON Honeywell International Inc. 0.20% 10,464 $2.1M Add +7.7%
VIG Vanguard Dividend Apprec ETF 0.20% 10,782 $2.1M Reduce -6.1%
MA Mastercard Inc. Class A 0.20% 4,220 $2.1M Add +1.0%
SPTM SS SPDR P S&P 1500 Comp ETF 0.18% 28,149 $2.0M Reduce -6.6%
ASB Associated Banc-Corp. 0.18% 93,819 $1.9M Reduce -0.6%
JNJ Johnson & Johnson 0.18% 11,983 $1.9M Reduce -2.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.17% 8,188 $1.8M Reduce -16.0%
WFC Wells Fargo & Co. 0.17% 32,472 $1.8M Add +4.7%
BX Blackstone Inc. 0.16% 11,467 $1.7M Add +3.4%
TRV The Travelers Cos Inc. 0.16% 7,344 $1.7M New
BBAG JPMorgan Betabuilders US Agg 0.16% 35,257 $1.7M Reduce -3.1%
PM Philip Morris International 0.15% 13,297 $1.6M Reduce -4.0%
AVGO Broadcom Inc. 0.15% 9,087 $1.6M Add +23.0%
NEE Nextera Energy Inc. 0.15% 18,104 $1.5M Reduce -2.1%
SCZ iShares MSCI Eafe Small-Cap 0.14% 23,215 $1.5M Reduce -3.7%
MRK Merck & Co. Inc. 0.14% 13,856 $1.5M Reduce -7.1%
CAT Caterpillar Inc. 0.14% 3,892 $1.5M Reduce -0.2%
BA The Boeing Co. 0.14% 9,902 $1.5M Reduce -9.8%
V Visa Inc. Class A 0.14% 5,241 $1.5M Add +0.8%
CVX Chevron Corp. 0.14% 9,452 $1.4M Add +0.6%
CRM Salesforce Inc. 0.13% 5,026 $1.4M Reduce -0.8%
AXON Axon Enterprise Inc. 0.13% 3,366 $1.4M Add +5.5%
IWF iShares Russell 1000 Growth 0.13% 3,767 $1.4M Add +37.5%
MAS Masco Corp. 0.13% 16,648 $1.4M Add +1.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.13% 14,344 $1.3M Reduce -0.9%
TMO Thermo Fisher Scientific Inc. 0.13% 2,220 $1.3M Reduce -2.1%
MPC Marathon Petroleum Corp. 0.12% 7,528 $1.3M Reduce -0.1%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.12% 5,390 $1.3M Reduce -3.0%
SCHW Schwab (charles) Corp. 0.12% 20,155 $1.3M Add +30.2%
FISV Fiserv Inc. 0.12% 6,939 $1.3M Add +19.5%
DE Deere & Co. 0.12% 3,089 $1.3M Add +3.6%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.12% 3,956 $1.3M Reduce -6.4%
CMCSA Comcast Corp. Class A 0.12% 30,684 $1.3M Add +4.0%
GD General Dynamics Corp. 0.12% 4,176 $1.3M Add +2.8%
ADBE Adobe Inc. 0.12% 2,436 $1.2M Add +12.8%
MU Micron Technology Inc. 0.12% 12,003 $1.2M Reduce -1.6%
ADI Analog Devices Inc. 0.12% 5,382 $1.2M Add +4.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.11% 30,782 $1.2M Add +4.6%
MDLZ Mondelez International Inc. Class A 0.11% 16,885 $1.2M Reduce -0.1%
GII State Street SPDR S&P Global 0.11% 19,199 $1.2M Reduce -3.7%
ICE Intercontinental Exchange Inc. 0.11% 7,238 $1.2M Add +4.9%
RTX RTX Corp. 0.11% 9,539 $1.2M Reduce -2.7%
AMT American Tower Corp. 0.11% 5,088 $1.2M Add +3.4%
PFE Pfizer Inc. 0.11% 40,498 $1.1M Add +1.1%
VNQ Vanguard Real Estate ETF 0.11% 11,863 $1.1M Add +0.4%
PGR Progressive Corp. 0.11% 4,490 $1.1M Add +4.2%
NSC Norfolk Southern Corp. 0.11% 4,598 $1.1M Add +4.9%
T AT&T Inc. 0.10% 49,156 $1.1M Reduce -14.0%
CMG Chipotle Mexican Grill Inc. 0.10% 19,065 $1.1M Reduce -4.0%
KMB Kimberly-Clark Corp. 0.10% 7,649 $1.1M Reduce -3.2%
VTI VG Morningstar TS MKT ETF-US 0.10% 3,768 $1.1M Reduce -16.9%
IWD iShares Russell 1000 Value E 0.10% 5,547 $1.0M Add +30.1%
SPAB SS SPDR P Agg Bond ETF 0.10% 39,973 $1.0M Reduce -13.8%
CSCO Cisco Systems Inc. 0.10% 19,713 $1.0M Add +6.3%
PSX Phillips 66 0.10% 7,289 $1.0M Reduce -1.5%
SHM SS SPDR N Ice St Muni ETF 0.10% 20,960 $1.0M Reduce -0.9%
CPRT Copart Inc. 0.10% 19,303 $1.0M Reduce -8.0%
BKNG Booking Holdings Inc. 0.09% 241 $989K Add +1.3%
FIS Fidelity National Info Serv 0.09% 11,761 $985K Reduce -6.1%
TYL Tyler Technologies Inc. 0.09% 1,690 $983K Add +5.4%
NFLX Netflix Inc. 0.09% 1,376 $973K Add +7.9%
BLK BlackRock Finance Inc. 0.09% 1,018 $969K Reduce -3.3%
AOA iShares Core 80/20 Aggressiv 0.09% 12,385 $966K Reduce -7.0%
COP Conocophillips 0.09% 8,363 $940K Add +5.9%
LOW Lowe's Cos Inc. 0.09% 3,446 $931K Add +5.3%
PFF iShares Preferred & Income S 0.09% 27,874 $927K Add +0.0%
AMD Advanced Micro Devices 0.09% 5,644 $919K Add +20.4%
NOW ServiceNow Inc. 0.09% 1,014 $903K Add +39.9%
MPWR Monolithic Power Systems Inc. 0.08% 975 $900K Reduce -9.5%
EXPO Exponent Inc. 0.08% 7,898 $897K Add +7.0%
SYK Stryker Corp. 0.08% 2,472 $869K Reduce -4.9%
BMY Bristol-Myers Squibb Co. 0.08% 15,967 $865K Add +3.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.08% 19,245 $864K Add +2.6%
IVW iShares S&P 500 Growth ETF 0.08% 9,081 $859K Add +51.6%
EXLS Exlservice Holdings Inc. 0.08% 21,774 $849K Add +6.8%
AAON Aaon Inc. 0.08% 7,916 $849K Add +7.9%
GE General Electric filed as GE AEROSPACE 0.08% 4,409 $811K Add +5.7%
MS Morgan Stanley 0.07% 7,594 $794K Add +4.9%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.07% 764 $786K Reduce -1.8%
CVS CVS Health Corp. 0.07% 12,468 $784K Reduce -1.0%
EOG EOG Resources Inc. 0.07% 5,796 $758K Add +12.0%
FDVV Fidelity High Dividend ETF 0.07% 15,003 $755K Add +8.7%
PLXS Plexus Corp. 0.07% 5,597 $753K Add +0.6%
WSO Watsco Inc. 0.07% 1,549 $750K Add +3.7%
NKE Nike Inc. Class B 0.07% 9,088 $746K Reduce -6.3%
ACN Accenture PLC Class A 0.07% 2,063 $745K Add +35.1%
SPYM Ste STR SPDR PT S&P 500 ETF 0.07% 10,986 $734K Add +20.9%
RYAN Ryan Specialty Holdings Inc. 0.07% 10,338 $727K Add +6.2%
CDW CDW Corp. 0.07% 3,328 $726K Add +4.8%
FICO Fair Isaac Corp. 0.07% 375 $726K Reduce -0.3%
TFC Truist Financial Corp. 0.07% 17,473 $725K Reduce -1.9%
VZ Verizon Communications Inc. 0.07% 16,253 $724K Reduce -2.9%
ORLY O'reilly Automotive Inc. 0.07% 626 $719K Reduce -4.3%
USB US Bancorp 0.07% 16,354 $719K Reduce -10.7%
IEFA iShares Core MSCI Eafe ETF 0.07% 9,346 $715K Reduce -10.4%
MO Altria Group Inc. 0.07% 14,169 $708K Reduce -4.7%
RBC RBC Bearings Inc. 0.07% 2,413 $703K Add +6.3%
ALL Allstate Corp. 0.07% 3,708 $696K Add +1.1%
CARR Carrier Global Corp. 0.07% 8,657 $693K Add +0.9%
PANW Palo Alto Networks Inc. 0.07% 2,060 $692K Reduce -1.8%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.06% 7,540 $688K Reduce -4.8%
UNP Union Pacific Corp. 0.06% 2,792 $672K Add +5.8%
IDXX Idexx Laboratories Inc. 0.06% 1,376 $665K Reduce -0.5%
POOL Pool Corp. 0.06% 1,774 $659K Add +6.5%
FCX Freeport-McMoran Inc. 0.06% 13,062 $650K Add +2.8%
MRSH Marsh & McLennan Cos 0.06% 2,929 $650K Add +2.7%
LMT Lockheed Martin Corp. 0.06% 1,068 $647K No change
KNSL Kinsale Capital Group Inc. 0.06% 1,353 $646K Add +6.0%
KEYS Keysight Technologies Inc. 0.06% 4,155 $642K Reduce -3.7%
BURL Burlington Stores Inc. 0.06% 2,462 $640K Add +6.0%
LNT Alliant Energy Corp. 0.06% 10,553 $639K Reduce -9.9%
CTAS Cintas Corp. 0.06% 3,108 $636K Add +0.1%
PFGC Performance Food Group Co. 0.06% 8,008 $627K New
BCPC Balchem Corp. 0.06% 3,662 $626K Add +6.6%
CSGP Costar Group Inc. 0.06% 8,184 $605K Add +6.7%
ASML ASML Holding NV-NY Reg SHS 0.06% 722 $601K Add +0.3%
VYM Vanguard High DVD Yield ETF 0.06% 4,700 $600K Add +5.5%
WMS Advanced Drainage Systems Inc. 0.06% 3,867 $599K Add +5.7%
VWO Vanguard Ftse Emerging Marke 0.06% 12,136 $588K Reduce -6.2%
COR Cencora Inc. 0.06% 2,647 $585K Add +3.0%
QQQ Invesco QQQ Trust Series 1 0.05% 1,200 $578K Add +9.7%
AMGN Amgen Inc. 0.05% 1,803 $572K Reduce -5.3%
MET Metlife Inc. 0.05% 6,927 $563K Add +6.0%
EFA iShares MSCI Eafe ETF 0.05% 6,777 $556K Add +13.8%
CSL Carlisle Cos Inc. 0.05% 1,237 $554K Add +7.2%
ACGL Arch Capital Group Ltd. 0.05% 4,909 $554K Reduce -9.8%
IWB iShares Russell 1000 ETF 0.05% 1,778 $553K Add +0.1%
DSGX The Descartes Systems Grp 0.05% 5,485 $551K Add +6.4%
AMAT Applied Materials Inc. 0.05% 2,745 $548K Reduce -7.6%
PLD Prologis Inc. 0.05% 4,460 $544K Add +4.1%
UPS United Parcel Service Class B 0.05% 4,150 $543K Reduce -20.4%
TXN Texas Instruments Inc. 0.05% 2,684 $541K Add +5.4%
CHD Church & Dwight Co. Inc. 0.05% 5,310 $538K Add +5.9%
TREX Trex Company Inc. 0.05% 7,809 $532K Add +5.2%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.05% 3,138 $520K Reduce -5.7%
MCHP Microchip Technology Inc. 0.05% 6,716 $519K Add +11.5%
BP BP PLC-Spons ADR 0.05% 15,815 $513K Add +0.1%
DHR Danaher Corp. 0.05% 1,898 $513K Reduce -6.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.05% 1,958 $510K Add +0.1%
PNC PNC Financial Services Group 0.05% 2,845 $508K Reduce -23.7%
GSK GSK PLC-Spon ADR 0.05% 13,215 $507K Add +3.4%
GMED Globus Medical Inc. Class A 0.05% 7,209 $505K Add +6.4%
AVY Avery Dennison Corp. 0.05% 2,341 $498K Add +3.2%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.05% 1,870 $494K Reduce -2.2%
BDX Becton Dickinson and Co. 0.05% 2,080 $494K Add +7.8%
SO The Southern Co. 0.05% 5,434 $493K Add +0.3%
ISRG Intuitive Surgical Inc. 0.05% 1,024 $491K Add +7.3%
INTU Intuit Inc. 0.05% 798 $482K Reduce -1.7%
ROL Rollins Inc. 0.05% 9,634 $479K New
DFS Discover Financial Services 0.04% 3,470 $473K Reduce -1.2%
VOOV Vanguard S&P 500 Value ETF 0.04% 2,464 $465K No change
FERG Ferguson Enterprises Inc. 0.04% 2,420 $464K Reduce -1.7%
ONTO Onto Innovation Inc. 0.04% 2,242 $463K Add +115.8%
XEL Xcel Energy Inc. 0.04% 7,181 $462K Reduce -5.4%
VDC Vanguard Consumer Staple ETF 0.04% 2,158 $462K No change
APD Air Products & Chemicals Inc. 0.04% 1,605 $458K Add +6.7%
CB Chubb Ltd. 0.04% 1,580 $456K Add +8.0%
VGLT Vanguard Long-Term Treasury 0.04% 7,500 $456K Reduce -14.0%
RGEN Repligen Corp. 0.04% 3,254 $452K Add +6.6%
IJH iShares Core S&P Midcap ETF 0.04% 7,320 $451K Reduce -0.1%
ROP Roper Technologies Inc. 0.04% 822 $451K Add +0.1%
TECH Bio-Techne Corp. 0.04% 6,071 $449K Add +7.9%
AXP American Express Co. 0.04% 1,658 $445K Add +12.3%
ADP Automatic Data Processing 0.04% 1,564 $445K Reduce -13.6%
IVE iShares S&P 500 Value ETF 0.04% 2,247 $439K Add +10.6%
EPD Enterprise Products Partners 0.04% 14,749 $437K Reduce -1.8%
FDX FedEx Corp. 0.04% 1,668 $437K Add +122.4%
IYW iShares Ustechnology ETF 0.04% 2,909 $436K Add +2.9%
WM Waste Management Inc. 0.04% 2,072 $433K Reduce -1.5%
OLLI Ollie's Bargain Outlet Holdi 0.04% 4,510 $433K Add +6.7%
NOVT Novanta Inc. 0.04% 2,502 $430K Add +5.9%
IT Gartner Inc. 0.04% 834 $424K Reduce -2.1%
EPAM Epam Systems Inc. 0.04% 2,161 $423K Add +5.9%
IWP iShares Russell Mid-Cap Grow 0.04% 3,574 $418K Reduce -7.6%
UBER Uber Technologies Inc. 0.04% 5,660 $413K Add +3.6%
SONY Sony Group Corp. - SP ADR 0.04% 4,383 $412K Add +4.2%
RWO State Street SPDR Dow Jones 0.04% 8,677 $405K Reduce -7.5%
ZBH Zimmer Biomet Holdings Inc. 0.04% 3,846 $401K Reduce -3.1%
SHW The Sherwin-Williams Co. 0.04% 1,070 $399K Add +0.5%
XETYX Eaton Vance Tax-MGD Div Eqty 0.04% 27,626 $397K No change
AOR iShares Core 60/40 Balanced 0.04% 6,722 $393K Reduce -22.5%
CSX CSX Corp. 0.04% 11,465 $391K Add +0.8%
DBEF Xtrackers MSCI Eafe Hedged E 0.04% 9,327 $390K Add +3.6%
CDNS Cadence Design SYS Inc. 0.04% 1,458 $388K Add +7.2%
AOM iShares Core 40/60 Moderate 0.04% 8,675 $387K Add +1.3%
NVO Novo-Nordisk A/S-Spons ADR 0.04% 3,351 $386K Add +10.7%
PLTR Palantir Technologies Inc. Class A 0.04% 9,733 $382K Add +33.4%
DUK Duke Energy Corp. 0.04% 3,290 $381K Reduce -13.1%
YUM Yum! Brands Inc. 0.04% 2,759 $379K Add +32.7%
OMC Omnicom Group 0.04% 3,738 $378K Add +0.3%
PH Parker Hannifin Corp. 0.04% 602 $377K Add +16.0%
DGX Quest Diagnostics Inc. 0.04% 2,454 $373K Add +0.1%
VXUS Vanguard Total Intl Stock 0.03% 5,727 $367K No change
LRCX Lam Research Corp. 0.03% 4,514 $366K Add +909.8%
TGT Target Corp. 0.03% 2,443 $366K Reduce -13.9%
EMR Emerson Electric Co. 0.03% 3,314 $363K Reduce -11.0%
PYPL PayPal Holdings Inc. 0.03% 4,623 $357K Add +13.2%
JJSF J & J Snack Foods Corp. 0.03% 2,105 $355K Add +6.4%
ANET Arista Networks Inc. 0.03% 909 $355K Add +10.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.03% 1,789 $353K Reduce -3.5%
VEU Vanguard Ftse All-World Ex-U 0.03% 5,576 $348K Add +0.0%
NXPI NXP Semiconductors NV 0.03% 1,474 $344K Add +102.8%
PCAR Paccar Inc. 0.03% 3,377 $342K Reduce -3.7%
BIIB Biogen Inc. 0.03% 1,848 $341K Add +1.0%
TFI SS SPDR N Ice Muni Bond ETF 0.03% 7,281 $341K Reduce -29.3%
APH Amphenol Corp. Class A 0.03% 5,485 $340K Add +0.6%
SPEM State Street SP PTF Em ETF 0.03% 8,074 $338K Add +19.2%
PPG PPG Industries Inc. 0.03% 2,613 $334K Reduce -33.0%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.03% 1,818 $334K No change
MDT Medtronic PLC 0.03% 3,802 $334K Add +10.5%
URI United Rentals Inc. 0.03% 422 $333K No change
VRSK Verisk Analytics Inc. 0.03% 1,224 $331K Reduce -0.4%
HQY Healthequity Inc. 0.03% 4,218 $330K Add +5.8%
DD Dupont DE Nemours Inc. 0.03% 3,772 $329K Add +5.6%
ET Energy Transfer LP 0.03% 19,900 $325K Add +1.2%
VERX Vertex Inc. Class A 0.03% 7,755 $323K Add +25.5%
JCI Johnson Controls Internation 0.03% 4,215 $318K Reduce -7.7%
DFAX Dimensional World Ex US Core 0.03% 11,734 $314K No change
SJNK SS SPDR BB St Hi Yield ETF 0.03% 12,279 $314K Reduce -9.7%
ACWI iShares MSCI Acwi ETF 0.03% 2,642 $313K No change
GNR State Street SPDR S&P Global 0.03% 5,357 $311K Reduce -3.6%
PNW Pinnacle West Capital 0.03% 3,455 $309K Reduce -0.5%
DOV Dover Corp. 0.03% 1,608 $305K Reduce -7.3%
LIN Linde PLC 0.03% 649 $305K Reduce -5.4%
OSBC Old Second Bancorp Inc. 0.03% 20,210 $302K No change
CI The Cigna Group 0.03% 882 $300K Add +13.5%
AB Alliancebernstein Holding LP 0.03% 8,598 $300K Add +1.9%
AGG iShares Core U.S. Aggregate 0.03% 2,960 $298K Add +1.1%
INTC Intel Corp. 0.03% 13,331 $297K Reduce -8.3%
F Ford Motor Co. filed as FORD MTR CO 0.03% 28,246 $295K Add +78.3%
PHG Koninklijke Philips NVR- NY 0.03% 9,176 $294K Reduce -1.3%
CRWD CrowdStrike Holdings Inc. Class A 0.03% 1,034 $293K Add +38.4%
GILD Gilead Sciences Inc. 0.03% 3,480 $293K Reduce -5.8%
VOOG Vanguard S&P 500 Growth ETF 0.03% 852 $291K No change
VRTX Vertex Pharmaceuticals Inc. 0.03% 641 $291K Add +4.6%
ECL Ecolab Inc. 0.03% 1,159 $291K Add +0.3%
XLK SS Technology Select Sector 0.03% 1,290 $287K Add +0.1%
QCOM Qualcomm Inc. 0.03% 1,701 $287K Add +20.0%
VMC Vulcan Materials Co. 0.03% 1,184 $285K Add +27.9%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.03% 997 $285K Add +8.1%
RGA Reinsurance Group of America 0.03% 1,323 $284K Reduce -1.8%
ARMK Aramark 0.03% 7,487 $284K New
AMP Ameriprise Financial Inc. 0.03% 590 $283K Reduce -1.2%
AEP American Electric Power 0.03% 2,733 $277K Reduce -15.5%
ITW Illinois Tool Works 0.03% 1,059 $275K Add +0.5%
HUM Humana Inc. 0.03% 1,137 $275K Reduce -46.6%
MRVL Marvell Technology Inc. 0.03% 3,798 $274K Reduce -13.5%
CMI Cummins Inc. 0.03% 834 $273K Reduce -5.7%
CERT Certara Inc. 0.03% 24,831 $273K Add +6.6%
ALE Allete Inc. 0.03% 4,243 $273K No change
AOK iShares Core 30/70 Conservat 0.03% 7,101 $272K Add +0.2%
SBUX Starbucks Corp. 0.03% 2,828 $270K New
NOC Northrop Grumman Corp. 0.03% 500 $269K Reduce -16.1%
HAL Halliburton Co. 0.03% 8,635 $265K Add +2.5%
SLV iShares Silver Trust 0.02% 8,819 $258K Add +1.3%
C Citigroup Inc. 0.02% 4,168 $256K Add +21.4%
BBWI Bath & Body Works Inc. 0.02% 8,621 $255K Add +2.1%
BSV Vanguard Short-Term Bond ETF 0.02% 3,236 $254K Reduce -25.0%
DAL Delta Air Lines Inc. 0.02% 5,309 $252K Reduce -2.5%
GEV GE Vernova Inc. 0.02% 985 $251K New
ALRM Alarm.com Holdings Inc. 0.02% 4,775 $250K Add +6.0%
CEG Constellation Energy 0.02% 899 $249K Reduce -4.4%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.02% 3,032 $247K New
CME Cme Group Inc. 0.02% 1,093 $245K Reduce -8.2%
NNN NNN REIT Inc. 0.02% 5,065 $245K Add +0.8%
ARES Ares Management Corp. Class A 0.02% 1,554 $244K New
KMX Carmax Inc. 0.02% 3,282 $243K Reduce -0.1%
HEI.A Heico Corp. Class A 0.02% 1,202 $242K No change
IWS iShares Russell Mid-Cap Valu 0.02% 1,842 $240K Add +2.2%
CBOE Cboe Global Markets Inc. 0.02% 1,140 $240K New
MKTX Marketaxess Holdings Inc. 0.02% 873 $239K New
SNPS Synopsys Inc. 0.02% 482 $239K Reduce -3.8%
COF Capital One Financial Corp. 0.02% 1,626 $236K New
TMUS T-Mobile US Inc. 0.02% 1,134 $236K New
OC Owens Corning 0.02% 1,358 $234K No change
HLI Houlihan Lokey Inc. 0.02% 1,462 $233K New
GS Goldman Sachs Group Inc. 0.02% 476 $231K Add +4.4%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.02% 2,070 $231K Reduce -0.6%
DGRO iShares Core Dividend Growth 0.02% 3,669 $228K Reduce -10.6%
ETR Entergy Corp. 0.02% 1,693 $225K New
SAP Sap SE-Sponsored ADR 0.02% 1,009 $222K Reduce -21.2%
GWX State Street SPDR S&P Intern 0.02% 6,564 $220K Reduce -3.4%
KMI Kinder Morgan Inc. 0.02% 9,393 $219K New
CDL Victoryshares US Large Cap H 0.02% 3,243 $219K New
OTIS Otis Worldwide Corp. 0.02% 2,082 $217K Reduce -3.2%
BBHY JPMorgan Betabuilders Usd Hi 0.02% 4,623 $217K Reduce -26.6%
FNF Fidelity National Financial 0.02% 3,573 $217K New
IWN iShares Russell 2000 Value E 0.02% 1,328 $216K New
UL Unilever PLC 0.02% 3,400 $214K New
STE Steris PLC 0.02% 917 $214K New
EXPD Expeditors Intl Wash Inc. 0.02% 1,718 $211K Reduce -7.9%
WAT Waters Corp. 0.02% 590 $209K New
ROAD Construction Partners Inc. Class A 0.02% 3,091 $208K New
TTC Toro Co. 0.02% 2,391 $208K Reduce -0.0%
LFUS Littelfuse Inc. 0.02% 817 $208K Reduce -0.4%
EQT Eqt Corp. 0.02% 5,508 $207K New
BR Broadridge Financial Solutio 0.02% 964 $207K Reduce -5.0%
HST Host Hotels & Resorts Inc. 0.02% 11,868 $206K Reduce -0.2%
ATO Atmos Energy Corp. 0.02% 1,472 $205K New
SYY Sysco Corp. 0.02% 2,670 $203K Reduce -34.5%
PEG Public Service Enterprise GP 0.02% 2,202 $202K New
SRE Sempra 0.02% 2,429 $200K New
MTW Manitowoc Company Inc. 0.02% 19,334 $179K Add +1.3%
PSLV Sprott Physical Silver Trust 0.02% 16,240 $175K No change
DNP DNP Select Income Fund Inc. 0.02% 16,665 $164K Add +0.6%
NFE New Fortress Energy Inc. 0.01% 11,565 $104K New
GTN Gray Media Inc. filed as GRAY TELEVISION INC 0.01% 13,640 $73K Add +1.5%
NOK Nokia Corp.-Spon ADR 0.01% 15,578 $68K Reduce -0.0%
AMBP Ardagh Metal Packaging SA 0.00% 10,000 $37K No change
AKBA Akebia Therapeutics Inc. 0.00% 20,000 $26K No change

Portfolio Sells Q2 2024 → Q3 2024

BFC Bank First Corp. Reduce -66.2% 0.61% −1.14
SPYG SS SPDR P S&P 500 Growth ETF Reduce -1.5% 12.37% −0.71
YLD Principal Act Hi YLD ETF Reduce -32.1% 0.98% −0.45
TRAVELERS COMPANIES INC Sold out 0.00% −0.15
GOOGL Alphabet Inc. Class A Reduce -4.9% 0.62% −0.14
VUG Vanguard Mrngstar GR ETF-Sui Reduce -4.4% 0.71% −0.07
VEA Vanguard Ftse Developed ETF Reduce -2.8% 2.54% −0.06
BA The Boeing Co. Reduce -9.8% 0.14% −0.05
HUM Humana Inc. Reduce -46.6% 0.03% −0.05
ITOT iShares Core S&P Total U.S. Reduce -1.7% 3.45% −0.05
FLTB Fidelity Ltd. TRM BND ETF Sold out 0.00% −0.04
MU Micron Technology Inc. Reduce -1.6% 0.12% −0.04
OSK Oshkosh Corp. Reduce -3.9% 0.39% −0.04
AMJB Alerian MLP ETN2044 Reduce -0.5% 1.29% −0.04
MRK Merck & Co. Inc. Reduce -7.1% 0.14% −0.04
IVV iShares Core S&P 500 ETF Reduce -2.5% 1.05% −0.03
BSX Boston Scientific Corp. Sold out 0.00% −0.03
PG The Procter & Gamble Co. Reduce -2.0% 1.82% −0.03
IUSV iShares Core S&P U.S. Value Sold out 0.00% −0.03
MUB iShares National Muni Bond E Reduce -2.3% 1.15% −0.03
EL Estee Lauder Companies Class A Sold out 0.00% −0.02
ABNB Airbnb Inc. Class A Sold out 0.00% −0.02
TRGP Targa Resources Corp. Sold out 0.00% −0.02
DLTR Dollar Tree Inc. Sold out 0.00% −0.02
AMAT Applied Materials Inc. Reduce -7.6% 0.05% −0.02
INTC Intel Corp. Reduce -8.3% 0.03% −0.02
MCK McKesson Corp. Sold out 0.00% −0.02
ENB Enbridge Inc. Sold out 0.00% −0.02
DG Dollar General Corp. Sold out 0.00% −0.02
VTI VG Morningstar TS MKT ETF-US Reduce -16.9% 0.10% −0.02
SHEL Shell PLC-ADR Sold out 0.00% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.0% 0.71% −0.02
UPS United Parcel Service Class B Reduce -20.4% 0.05% −0.02
PPG PPG Industries Inc. Reduce -33.0% 0.03% −0.02
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -6.4% 0.12% −0.02
SPAB SS SPDR P Agg Bond ETF Reduce -13.8% 0.10% −0.01
CPRT Copart Inc. Reduce -8.0% 0.10% −0.01
SPDW Ste STR SPDR PT DW Eu ETF Reduce -5.3% 0.28% −0.01
TFI SS SPDR N Ice Muni Bond ETF Reduce -29.3% 0.03% −0.01
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -6.6% 0.18% −0.01
PNC PNC Financial Services Group Reduce -23.7% 0.05% −0.01
AOR iShares Core 60/40 Balanced Reduce -22.5% 0.04% −0.01
CMG Chipotle Mexican Grill Inc. Reduce -4.0% 0.10% −0.01
SYY Sysco Corp. Reduce -34.5% 0.02% −0.01
BSV Vanguard Short-Term Bond ETF Reduce -25.0% 0.02% −0.01
DIS The Walt Disney Co. Reduce -0.9% 0.13% −0.01
BBHY JPMorgan Betabuilders Usd Hi Reduce -26.6% 0.02% −0.01
SNPS Synopsys Inc. Reduce -3.8% 0.02% −0.01
IEFA iShares Core MSCI Eafe ETF Reduce -10.4% 0.07% −0.01
ASB Associated Banc-Corp. Reduce -0.6% 0.18% −0.01

Portfolio Buys Q2 2024 → Q3 2024

BRK.B Berkshire Hathaway Inc. Class B Add +1.8% 2.47% +0.22
WEC WEC Energy Group Inc. Add +0.8% 1.06% +0.19
FBND Fidelity Total Bond ETF Add +6.4% 2.35% +0.17
TRV The Travelers Cos Inc. New 0.16% +0.16
HD Home Depot Inc. Add +4.6% 0.71% +0.13
UITB Victoryshares Core Intermedi Add +6.2% 1.55% +0.12
UNH Unitedhealth Group Inc. Add +14.1% 0.36% +0.09
VTEB Vanguard Tax-Exempt Bond ETF Add +3.3% 2.65% +0.09
BND Vanguard Total Bond Market Add +2.6% 1.93% +0.08
VTV Vanguard Mrngstr Val ETF-Aui Add +3.7% 0.83% +0.07
KO The Coca-Cola Co. Add +1.9% 0.58% +0.07
PFGC Performance Food Group Co. New 0.06% +0.06
VB Vanguard Most SM-Cap ETF-Usd Add +1.0% 0.91% +0.06
ROL Rollins Inc. New 0.05% +0.05
ABT Abbott Laboratories Add +7.1% 0.35% +0.04
META Meta Platforms Inc. Class A Add +2.6% 0.48% +0.04
WMT Walmart Inc. Add +1.7% 0.34% +0.04
AXON Axon Enterprise Inc. Add +5.5% 0.13% +0.04
ETN Eaton Corp. PLC Add +17.4% 0.30% +0.04
FISV Fiserv Inc. Add +19.5% 0.12% +0.04
VOO Vanguard S&P 500 ETF Add +3.5% 1.19% +0.04
NOW ServiceNow Inc. Add +39.9% 0.09% +0.03
BX Blackstone Inc. Add +3.4% 0.16% +0.03
IWF iShares Russell 1000 Growth Add +37.5% 0.13% +0.03
ACN Accenture PLC Class A Add +35.1% 0.07% +0.03
ARMK Aramark New 0.03% +0.03
IWD iShares Russell 1000 Value E Add +30.1% 0.10% +0.03
MAS Masco Corp. Add +1.4% 0.13% +0.03
SBUX Starbucks Corp. New 0.03% +0.03
IVW iShares S&P 500 Growth ETF Add +51.6% 0.08% +0.03
PEP Pepsico Inc. Add +2.2% 0.69% +0.02
AVGO Broadcom Inc. Add +23.0% 0.15% +0.02
GEV GE Vernova Inc. New 0.02% +0.02
MA Mastercard Inc. Class A Add +1.0% 0.20% +0.02
XLU St Sr Utl SL SE SPDR ETF-Usd New 0.02% +0.02
ARES Ares Management Corp. Class A New 0.02% +0.02
CBOE Cboe Global Markets Inc. New 0.02% +0.02
MKTX Marketaxess Holdings Inc. New 0.02% +0.02
COF Capital One Financial Corp. New 0.02% +0.02
TMUS T-Mobile US Inc. New 0.02% +0.02
HLI Houlihan Lokey Inc. New 0.02% +0.02
COST Costco Wholesale Corp. Add +11.7% 0.26% +0.02
ETR Entergy Corp. New 0.02% +0.02
BMY Bristol-Myers Squibb Co. Add +3.6% 0.08% +0.02
VGIT Vanguard Intermediate-Term T Add +4.7% 0.36% +0.02
KMI Kinder Morgan Inc. New 0.02% +0.02
CDL Victoryshares US Large Cap H New 0.02% +0.02
FNF Fidelity National Financial New 0.02% +0.02
IWN iShares Russell 2000 Value E New 0.02% +0.02
PGR Progressive Corp. Add +4.2% 0.11% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 421$1.5BSPYM, SPYV, SPYG, AVEM, AAPL
Q3 2025 415$1.3BSPYV, SPYG, AAPL, ITOT, AVEM
Q2 2025 407$1.2BSPYV, SPYG, ITOT, AVEM, AAPL
Q1 2025 380$1.0BSPYV, SPYG, BRK.B, ITOT, AAPL
Q4 2024 380$1.1BSPYV, SPYG, ITOT, AAPL, VTEB
Q3 2024 369$1.1BSPYV, SPYG, ITOT, AAPL, VTEB
Q2 2024 354$1.0BSPYV, SPYG, ITOT, AAPL, VEA
Q1 2024 343$984.6MSPYV, SPYG, BND, ITOT, VEA