North Star Investment Management Corp.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 15, 2025), North Star Investment Management Corp. reported 1,209 stock positions worth $1.4 billion. Its top holding was JPMorgan Chase (JPM) at 5.4% of the portfolio, followed by iShares S&P 500 Growth ETF (IVW, 4.0%) and Apple (AAPL, 3.4%). Compared with Q1 2025, it opened 55 new positions, sold out of 43, added to 271 and reduced 200. The biggest buy was JPMorgan Chase (JPM, shares −0%) and the biggest sale Apple (AAPL, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001342857
- Portfolio Value
- $1.4B (Q2 2025)
- SEC Filing
- 0001062993-25-012875 ↗ filed Jul 15, 2025
Holdings Value
Holdings 1,209 stocks · $1.4B
| JPM JPMorgan Chase & Co. | 5.37% | 265,745 | $77.0M | Add +0.0% |
| IVW iShares S&P 500 Growth ETF | 3.97% | 517,275 | $57.0M | Reduce -1.0% |
| AAPL Apple Inc. | 3.44% | 240,401 | $49.3M | Reduce -3.5% |
| MSFT Microsoft Corp. | 3.35% | 96,617 | $48.1M | Reduce -0.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 3.11% | 561,002 | $44.6M | Add +2.0% |
| VTI VG Morningstar TS MKT ETF-US | 3.03% | 142,721 | $43.4M | Reduce -2.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.83% | 65,616 | $40.5M | Add +0.4% |
| IVE iShares S&P 500 Value ETF | 2.48% | 181,803 | $35.5M | Add +0.1% |
| ORI Old Republic Intl Corp. | 2.09% | 777,630 | $29.9M | Add +0.3% |
| BX Blackstone Inc. | 1.68% | 161,126 | $24.1M | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 1.67% | 42,178 | $24.0M | Add +2.5% |
| ORCL Oracle Corp. | 1.43% | 93,452 | $20.4M | Reduce -0.3% |
| MUB iShares National Muni Bond E | 1.07% | 147,350 | $15.4M | Add +16.5% |
| KKR KKR & Co. Inc. | 1.04% | 112,178 | $14.9M | Add +0.7% |
| AMZN Amazon.com Inc. | 1.00% | 65,197 | $14.3M | Add +1.6% |
| ABBV Abbvie Inc. | 1.00% | 76,910 | $14.3M | Reduce -0.6% |
| IVV iShares Core S&P 500 ETF | 0.98% | 22,623 | $14.0M | Reduce -1.3% |
| GOOGL Alphabet Inc. Class A | 0.91% | 73,745 | $13.0M | Add +0.8% |
| UNP Union Pacific Corp. | 0.90% | 55,823 | $12.8M | Add +0.2% |
| COST Costco Wholesale Corp. | 0.75% | 10,919 | $10.8M | Reduce -5.2% |
| PAYX Paychex Inc. | 0.75% | 74,080 | $10.8M | Reduce -0.6% |
| ACU Acme United Corp. filed as ACME UTD CORP | 0.75% | 259,592 | $10.8M | Reduce -8.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.73% | 19,050 | $10.5M | Reduce -4.0% |
| DVY iShares Select Dividend ETF | 0.73% | 78,272 | $10.4M | Reduce -2.0% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.70% | 31,209 | $10.0M | Reduce -3.6% |
| AMLP Alerian MLP ETF | 0.69% | 201,008 | $9.8M | Add +0.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.68% | 205,382 | $9.7M | Add +1.0% |
| IWB iShares Russell 1000 ETF | 0.67% | 28,310 | $9.6M | Reduce -2.2% |
| XLF SS Financial Select Sector | 0.64% | 174,299 | $9.1M | Add +0.1% |
| VIG Vanguard Dividend Apprec ETF | 0.62% | 43,736 | $9.0M | Reduce -1.0% |
| VTIP Vanguard Short-Term Tips | 0.61% | 174,589 | $8.8M | Add +2.4% |
| VXF Vanguard Extended Market ETF | 0.61% | 45,386 | $8.7M | Reduce -0.9% |
| ABT Abbott Laboratories | 0.61% | 63,924 | $8.7M | Reduce -1.1% |
| GLD SPDR Gold Shares | 0.60% | 28,380 | $8.7M | Add +1.4% |
| JNJ Johnson & Johnson | 0.60% | 56,526 | $8.6M | Reduce -1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.55% | 16,259 | $7.9M | Add +5.9% |
| PSTL Postal Realty Trust Inc. Class A | 0.51% | 494,165 | $7.3M | No change |
| SII Sprott Inc. | 0.49% | 101,832 | $7.0M | Reduce -17.3% |
| BOOT Boot Barn Holdings Inc. | 0.49% | 45,900 | $7.0M | Reduce -8.0% |
| EFV iShares MSCI Eafe Value ETF | 0.49% | 109,639 | $7.0M | Add +1.5% |
| XOM Exxon Mobil Corp. | 0.48% | 63,517 | $6.8M | Add +0.1% |
| CSCO Cisco Systems Inc. | 0.47% | 96,555 | $6.7M | Reduce -0.8% |
| AMGN Amgen Inc. | 0.45% | 23,240 | $6.5M | Add +0.4% |
| PEP Pepsico Inc. | 0.45% | 48,764 | $6.4M | Reduce -20.6% |
| LLY Eli Lilly & Co. | 0.44% | 8,161 | $6.4M | Reduce -0.3% |
| PG The Procter & Gamble Co. | 0.44% | 39,563 | $6.3M | Reduce -4.4% |
| ESCA Escalade Inc. | 0.44% | 449,354 | $6.3M | Reduce -9.7% |
| EUFN iShares MSCI Europe Financia | 0.44% | 197,217 | $6.2M | Add +34.5% |
| QCOM Qualcomm Inc. | 0.43% | 38,887 | $6.2M | Reduce -0.9% |
| SPHR Sphere Entertainment Co. | 0.41% | 140,615 | $5.9M | Add +4.7% |
| WHG Westwood Holdings Group Inc. | 0.40% | 367,460 | $5.7M | Add +1.5% |
| GOOG Alphabet Inc. Class C | 0.38% | 31,067 | $5.5M | Add +3.5% |
| KEX Kirby Corp. | 0.38% | 48,291 | $5.5M | No change |
| AMD Advanced Micro Devices | 0.38% | 38,270 | $5.4M | Add +0.8% |
| MCD McDonald's Corp. | 0.37% | 18,371 | $5.4M | Add +0.6% |
| NVDA Nvidia Corp. | 0.36% | 32,859 | $5.2M | Add +1.8% |
| BND Vanguard Total Bond Market | 0.36% | 69,174 | $5.1M | Reduce -3.7% |
| ETD Ethan Allen Interiors Inc. | 0.35% | 181,050 | $5.0M | Add +1.1% |
| WMT Walmart Inc. | 0.35% | 51,299 | $5.0M | Reduce -0.2% |
| BLBD Blue Bird Corp. | 0.34% | 112,776 | $4.9M | No change |
| BBSI Barrett Business SVCS Inc. | 0.34% | 115,350 | $4.8M | No change |
| MA Mastercard Inc. Class A | 0.33% | 8,456 | $4.8M | Add +0.3% |
| ALG Alamo Group Inc. | 0.33% | 21,550 | $4.7M | No change |
| USLM United States Lime & Mineral | 0.33% | 47,050 | $4.7M | Reduce -0.7% |
| RCKY Rocky Brands Inc. | 0.33% | 211,125 | $4.7M | Reduce -3.4% |
| FITB Fifth Third Bancorp | 0.32% | 112,851 | $4.6M | Reduce -1.0% |
| GRBK Green Brick Partners Inc. | 0.32% | 73,275 | $4.6M | No change |
| MDY State Street SPDR S&P Midcap | 0.32% | 8,061 | $4.6M | Add +4.8% |
| MRK Merck & Co. Inc. | 0.32% | 57,448 | $4.5M | Reduce -0.2% |
| HBB Hamilton Beach Brand-A | 0.32% | 253,600 | $4.5M | Add +0.4% |
| CAT Caterpillar Inc. | 0.31% | 11,373 | $4.4M | Reduce -3.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.30% | 6 | $4.4M | Add +50.0% |
| BHB Bar Harbor Bankshares filed as BAR HBR BANKSHARES | 0.30% | 145,580 | $4.4M | No change |
| META Meta Platforms Inc. Class A | 0.30% | 5,909 | $4.4M | Reduce -1.2% |
| KO The Coca-Cola Co. | 0.30% | 61,067 | $4.3M | Add +0.5% |
| ODC Oil-Dri Corp. of America | 0.30% | 72,400 | $4.3M | Reduce -2.0% |
| VEA Vanguard Ftse Developed ETF | 0.30% | 74,626 | $4.3M | Add +13.4% |
| BBW Build-A-Bear Workshop Inc. | 0.30% | 82,325 | $4.2M | Reduce -35.3% |
| TMO Thermo Fisher Scientific Inc. | 0.29% | 10,424 | $4.2M | Reduce -0.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 14,256 | $4.2M | Reduce -3.4% |
| PFE Pfizer Inc. | 0.29% | 171,715 | $4.2M | Reduce -2.9% |
| PGF Invesco Financial Preferred | 0.28% | 286,523 | $4.0M | Reduce -1.2% |
| SGC Superior Group of Cos Inc. | 0.28% | 390,775 | $4.0M | No change |
| SBUX Starbucks Corp. | 0.28% | 43,912 | $4.0M | Reduce -0.5% |
| DCI Donaldson Co. Inc. | 0.28% | 57,240 | $4.0M | Reduce -4.9% |
| HD Home Depot Inc. | 0.27% | 10,692 | $3.9M | Add +0.9% |
| EPM Evolution Petroleum Corp. | 0.27% | 828,541 | $3.9M | Add +0.0% |
| KMI Kinder Morgan Inc. | 0.27% | 132,186 | $3.9M | Add +0.0% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.27% | 3,705 | $3.9M | No change |
| VOOV Vanguard S&P 500 Value ETF | 0.26% | 20,103 | $3.8M | Add +4.1% |
| DE Deere & Co. | 0.26% | 7,261 | $3.7M | No change |
| AEP American Electric Power | 0.25% | 35,206 | $3.7M | Reduce -1.1% |
| TGT Target Corp. | 0.25% | 36,845 | $3.6M | Reduce -17.4% |
| MSGE Madison Square Garden Entert | 0.25% | 90,796 | $3.6M | Reduce -6.6% |
| FFA First Trust Enhan Eqty Inc. | 0.25% | 176,814 | $3.6M | Reduce -1.1% |
| XHB SS SPDR S&P Homebldrs ETF | 0.25% | 36,706 | $3.6M | Add +5.0% |
| LYTS Lsi Industries Inc. | 0.25% | 211,691 | $3.6M | Reduce -10.9% |
| GWRS Global Water Resources Inc. | 0.25% | 351,448 | $3.6M | Add +2.6% |
| TXN Texas Instruments Inc. | 0.25% | 17,071 | $3.5M | No change |
| VXUS Vanguard Total Intl Stock | 0.25% | 51,286 | $3.5M | Add +11.9% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $1.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | 32,200 | $807K | No change |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 8,500 | $394K | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 4 | $5K | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 2 | $2K | No change |
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -3.5% | 3.44% | −0.59 |
| CODI Compass Diversified Holdings | Reduce -13.7% | 0.12% | −0.31 |
| PEP Pepsico Inc. | Reduce -20.6% | 0.45% | −0.22 |
| LGTY Logility Supply Chain Soluti | Sold out | 0.00% | −0.19 |
| PENG Penguin Solutions Inc. | Sold out | 0.00% | −0.19 |
| ABBV Abbvie Inc. | Reduce -0.6% | 1.00% | −0.19 |
| AJG Arthur J Gallagher & Co. | Reduce -3.6% | 0.70% | −0.12 |
| ESCA Escalade Inc. | Reduce -9.7% | 0.44% | −0.12 |
| WKC World Kinect Corp. | Sold out | 0.00% | −0.11 |
| MTN Vail Resorts Inc. | Reduce -76.4% | 0.03% | −0.09 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -85.8% | 0.01% | −0.09 |
| ACCO Acco Brands Corp. | Reduce -34.0% | 0.10% | −0.09 |
| JNJ Johnson & Johnson | Reduce -1.0% | 0.60% | −0.09 |
| PAYX Paychex Inc. | Reduce -0.6% | 0.75% | −0.09 |
| TGT Target Corp. | Reduce -17.4% | 0.25% | −0.09 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.3% | 0.29% | −0.08 |
| CTLP Cantaloupe Inc. | Reduce -66.5% | 0.07% | −0.08 |
| LXP LXP Industrial Trust | Reduce -25.3% | 0.16% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -4.4% | 0.44% | −0.07 |
| GRNT Granite Ridge Resources Inc. | Sold out | 0.00% | −0.07 |
| ACU Acme United Corp. | Reduce -8.1% | 0.75% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -0.2% | 0.32% | −0.06 |
| DVY iShares Select Dividend ETF | Reduce -2.0% | 0.73% | −0.06 |
| CRWS Crown Crafts Inc. | Reduce -47.9% | 0.04% | −0.05 |
| RGP Resources Connection Inc. | Reduce -75.2% | 0.01% | −0.05 |
| PUMP Propetro Holding Corp. | Reduce -18.3% | 0.09% | −0.05 |
| KMB Kimberly-Clark Corp. | Reduce -9.5% | 0.18% | −0.05 |
| LLY Eli Lilly & Co. | Reduce -0.3% | 0.44% | −0.05 |
| BBW Build-A-Bear Workshop Inc. | Reduce -35.3% | 0.30% | −0.05 |
| LYTS Lsi Industries Inc. | Reduce -10.9% | 0.25% | −0.04 |
| UPS United Parcel Service Class B | Reduce -5.7% | 0.21% | −0.04 |
| LAZ Lazard Inc. | Reduce -63.1% | 0.03% | −0.04 |
| OESX Orion Energy Systems Inc. | Reduce -1.4% | 0.15% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -5.2% | 0.75% | −0.04 |
| PFE Pfizer Inc. | Reduce -2.9% | 0.29% | −0.04 |
| SBUX Starbucks Corp. | Reduce -0.5% | 0.28% | −0.03 |
| ETN Eaton Corp. PLC | Reduce -32.2% | 0.20% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -2.5% | 0.08% | −0.03 |
| CSX CSX Corp. | Reduce -63.4% | 0.02% | −0.03 |
| ADI Analog Devices Inc. | Reduce -52.5% | 0.04% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -3.3% | 0.04% | −0.03 |
| COP Conocophillips | Reduce -11.3% | 0.08% | −0.03 |
| BND Vanguard Total Bond Market | Reduce -3.7% | 0.36% | −0.03 |
| AEP American Electric Power | Reduce -1.1% | 0.25% | −0.03 |
| PM Philip Morris International | Reduce -26.7% | 0.12% | −0.03 |
| CLX Clorox Company | Reduce -10.0% | 0.06% | −0.03 |
| XLE SS Energy Select Sector | Reduce -33.9% | 0.03% | −0.03 |
| ZTS Zoetis Inc. | Reduce -0.1% | 0.24% | −0.02 |
| SCHD Schwab US DVD Equity ETF | Reduce -6.6% | 0.13% | −0.02 |
| VVX V2X Inc. | Reduce -28.5% | 0.04% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| JPM JPMorgan Chase & Co. | Add +0.0% | 5.37% | +0.62 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.4% | 2.83% | +0.16 |
| EUFN iShares MSCI Europe Financia | Add +34.5% | 0.44% | +0.13 |
| VOO Vanguard S&P 500 ETF | Add +2.5% | 1.67% | +0.13 |
| AMZN Amazon.com Inc. | Add +1.6% | 1.00% | +0.11 |
| PENG Penguin Solutions Inc. | New | 0.11% | +0.11 |
| NVDA Nvidia Corp. | Add +1.8% | 0.36% | +0.11 |
| RAIL Freightcar America Inc. | New | 0.10% | +0.10 |
| KKR KKR & Co. Inc. | Add +0.7% | 1.04% | +0.10 |
| MUB iShares National Muni Bond E | Add +16.5% | 1.07% | +0.10 |
| AMD Advanced Micro Devices | Add +0.8% | 0.38% | +0.09 |
| HDSN Hudson Technologies Inc. | New | 0.09% | +0.09 |
| SPHR Sphere Entertainment Co. | Add +4.7% | 0.41% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +0.8% | 0.91% | +0.08 |
| DENN Denny's Corp. | Add +1196.7% | 0.08% | +0.07 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +50.0% | 0.30% | +0.07 |
| HCSG Healthcare Services Group | Add +36.9% | 0.15% | +0.07 |
| LINC Lincoln Educational Services | Add +14.1% | 0.20% | +0.07 |
| BAC Bank of America Corp. | Add +1.0% | 0.68% | +0.06 |
| EWJ iShares MSCI Japan ETF | Add +23.0% | 0.25% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +13.4% | 0.30% | +0.05 |
| VPLS Vanguard Core-Plus Bond ETF | Add +2639.6% | 0.05% | +0.05 |
| BX Blackstone Inc. | Add +0.2% | 1.68% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +3.5% | 0.38% | +0.04 |
| VXUS Vanguard Total Intl Stock | Add +11.9% | 0.25% | +0.04 |
| ET Energy Transfer LP | Add +63.0% | 0.10% | +0.03 |
| LIND Lindblad Expeditions Holding | Add +1.4% | 0.17% | +0.03 |
| NTRS Northern Trust Corp. | Add +0.0% | 0.16% | +0.03 |
| EFV iShares MSCI Eafe Value ETF | Add +1.5% | 0.49% | +0.02 |
| CVLG Covenant Logistics Group Inc. | New | 0.02% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +1.6% | 0.06% | +0.02 |
| CARR Carrier Global Corp. | Add +1.5% | 0.18% | +0.02 |
| IWF iShares Russell 1000 Growth | Add +32.4% | 0.06% | +0.02 |
| MDY State Street SPDR S&P Midcap | Add +4.8% | 0.32% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +12.6% | 0.12% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +4.0% | 0.21% | +0.02 |
| AVGO Broadcom Inc. | Add +29.9% | 0.04% | +0.02 |
| NEM Newmont Corp. | Add +0.1% | 0.13% | +0.02 |
| VGT Vanguard Info Tech ETF | Add +0.0% | 0.12% | +0.02 |
| BEEP Mobile Infrastructure Corp. | New | 0.02% | +0.02 |
| CECO Ceco Environmental Corp. | Add +2.6% | 0.09% | +0.02 |
| GLD SPDR Gold Shares | Add +1.4% | 0.60% | +0.02 |
| TBCH Turtle Beach Corp. | Add +15.4% | 0.22% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +39.5% | 0.04% | +0.01 |
| TSLA Tesla Inc. | Add +6.4% | 0.07% | +0.01 |
| DELL Dell Technologies -C | Add +0.1% | 0.06% | +0.01 |
| MOV Movado Group Inc. | Add +25.2% | 0.14% | +0.01 |
| VTWO Vanguard Russell 2000 ETF | Add +90.0% | 0.02% | +0.01 |
| IUSV iShares Core S&P U.S. Value | Add +249.5% | 0.02% | +0.01 |
| MELI MercadoLibre Inc. | Add +1240.0% | 0.01% | +0.01 |
Notes & Other Activity Q1 2025 → Q2 2025
| ANET Arista Networks Inc. | COM SHS | New | 0 | $0 |
| MLM Martin Marietta Materials | COM | Sold out | 0 | $0before exit |
| NZF Nuveen Municipal Credit Inc. | COM SH BEN INT | Sold out | 0 | $0before exit |
| NVGS Navigator Holdings Ltd. | SHS | Sold out | 0 | $0before 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 | 1,728 | $1.8B | JPM, IVW, AAPL, VCSH, VTI |
| Q1 2026 | 1,695 | $1.6B | JPM, AAPL, VCSH, IVW, VTI |
| Q4 2025 | 1,566 | $1.6B | JPM, AAPL, IVW, VCSH, VTI |
| Q3 2025 | 1,316 | $1.6B | JPM, IVW, AAPL, VCSH, MSFT |
| Q2 2025 | 1,209 | $1.4B | JPM, IVW, AAPL, MSFT, VCSH |
| Q1 2025 | 1,197 | $1.4B | JPM, AAPL, IVW, VCSH, VTI |
| Q4 2024 | 1,214 | $1.4B | JPM, AAPL, IVW, VTI, VCSH |
| Q3 2024 | 1,183 | $1.4B | AAPL, JPM, IVW, MSFT, VTI |
| Q2 2024 | 1,162 | $1.4B | JPM, AAPL, IVW, MSFT, VTI |
| Q1 2024 | 1,235 | $1.4B | JPM, AAPL, IVW, MSFT, VTI |