North Star Investment Management Corp.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 22, 2025), North Star Investment Management Corp. reported 1,316 stock positions worth $1.6 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, 3.9%). Compared with Q2 2025, it opened 131 new positions, sold out of 25, added to 354 and reduced 168. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale Microsoft (MSFT, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001342857
- Portfolio Value
- $1.6B (Q3 2025)
- SEC Filing
- 0001062993-25-016263 ↗ filed Oct 22, 2025
Holdings Value
Holdings 1,316 stocks · $1.6B
| JPM JPMorgan Chase & Co. | 5.39% | 265,683 | $83.8M | Reduce -0.0% |
| IVW iShares S&P 500 Growth ETF | 4.03% | 518,899 | $62.6M | Add +0.3% |
| AAPL Apple Inc. | 3.95% | 241,125 | $61.4M | Add +0.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 3.13% | 608,786 | $48.7M | Add +8.5% |
| MSFT Microsoft Corp. | 3.13% | 93,835 | $48.6M | Reduce -2.9% |
| VTI VG Morningstar TS MKT ETF-US | 3.00% | 142,189 | $46.7M | Reduce -0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.81% | 65,540 | $43.7M | Reduce -0.1% |
| IVE iShares S&P 500 Value ETF | 2.44% | 183,681 | $37.9M | Add +1.0% |
| ORI Old Republic Intl Corp. | 2.13% | 779,405 | $33.1M | Add +0.2% |
| BX Blackstone Inc. | 1.76% | 159,977 | $27.3M | Reduce -0.7% |
| VOO Vanguard S&P 500 ETF | 1.74% | 44,112 | $27.0M | Add +4.6% |
| ORCL Oracle Corp. | 1.70% | 93,775 | $26.4M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 1.15% | 73,656 | $17.9M | Reduce -0.1% |
| ABBV Abbvie Inc. | 1.15% | 76,928 | $17.8M | Add +0.0% |
| MUB iShares National Muni Bond E | 1.01% | 147,808 | $15.7M | Add +0.3% |
| IVV iShares Core S&P 500 ETF | 0.95% | 22,045 | $14.8M | Reduce -2.5% |
| AMZN Amazon.com Inc. | 0.92% | 65,425 | $14.4M | Add +0.3% |
| KKR KKR & Co. Inc. | 0.92% | 110,078 | $14.3M | Reduce -1.9% |
| VTIP Vanguard Short-Term Tips | 0.87% | 266,002 | $13.5M | Add +52.4% |
| UNP Union Pacific Corp. | 0.85% | 55,943 | $13.2M | Add +0.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.73% | 18,812 | $11.3M | Reduce -1.3% |
| DVY iShares Select Dividend ETF | 0.72% | 78,249 | $11.1M | Reduce -0.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.68% | 206,240 | $10.6M | Add +0.4% |
| ACU Acme United Corp. filed as ACME UTD CORP | 0.68% | 256,511 | $10.6M | Reduce -1.2% |
| JNJ Johnson & Johnson | 0.68% | 56,602 | $10.5M | Add +0.1% |
| IWB iShares Russell 1000 ETF | 0.67% | 28,310 | $10.3M | No change |
| COST Costco Wholesale Corp. | 0.65% | 10,902 | $10.1M | Reduce -0.2% |
| GLD SPDR Gold Shares | 0.65% | 28,254 | $10.0M | Reduce -0.4% |
| VXF Vanguard Extended Market ETF | 0.62% | 45,811 | $9.6M | Add +0.9% |
| AMLP Alerian MLP ETF | 0.61% | 201,183 | $9.4M | Add +0.1% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.60% | 30,361 | $9.4M | Reduce -2.7% |
| VIG Vanguard Dividend Apprec ETF | 0.60% | 43,544 | $9.4M | Reduce -0.4% |
| XLF SS Financial Select Sector | 0.60% | 174,219 | $9.4M | Reduce -0.1% |
| PAYX Paychex Inc. | 0.59% | 72,958 | $9.2M | Reduce -1.5% |
| SPHR Sphere Entertainment Co. | 0.56% | 139,590 | $8.7M | Reduce -0.7% |
| ABT Abbott Laboratories | 0.55% | 63,883 | $8.6M | Reduce -0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.53% | 16,463 | $8.3M | Add +1.3% |
| SII Sprott Inc. | 0.51% | 94,701 | $7.9M | Reduce -7.0% |
| PSTL Postal Realty Trust Inc. Class A | 0.50% | 496,165 | $7.8M | Add +0.4% |
| BOOT Boot Barn Holdings Inc. | 0.49% | 45,900 | $7.6M | No change |
| GOOG Alphabet Inc. Class C | 0.49% | 31,164 | $7.6M | Add +0.3% |
| EFV iShares MSCI Eafe Value ETF | 0.49% | 111,714 | $7.6M | Add +1.9% |
| VEA Vanguard Ftse Developed ETF | 0.47% | 121,711 | $7.3M | Add +63.1% |
| XOM Exxon Mobil Corp. | 0.46% | 63,774 | $7.2M | Add +0.4% |
| EUFN iShares MSCI Europe Financia | 0.43% | 196,887 | $6.8M | Reduce -0.2% |
| PEP Pepsico Inc. | 0.43% | 47,712 | $6.7M | Reduce -2.2% |
| CSCO Cisco Systems Inc. | 0.43% | 96,615 | $6.6M | Add +0.1% |
| AMGN Amgen Inc. | 0.42% | 23,010 | $6.5M | Reduce -1.0% |
| BLBD Blue Bird Corp. | 0.42% | 112,776 | $6.5M | No change |
| QCOM Qualcomm Inc. | 0.42% | 38,839 | $6.5M | Reduce -0.1% |
| AMD Advanced Micro Devices | 0.40% | 38,776 | $6.3M | Add +1.3% |
| LLY Eli Lilly & Co. | 0.40% | 8,183 | $6.2M | Add +0.3% |
| USLM United States Lime & Mineral | 0.40% | 47,050 | $6.2M | No change |
| PG The Procter & Gamble Co. | 0.39% | 39,885 | $6.1M | Add +0.8% |
| WHG Westwood Holdings Group Inc. | 0.39% | 367,477 | $6.1M | Add +0.0% |
| NVDA Nvidia Corp. | 0.38% | 32,053 | $6.0M | Reduce -2.5% |
| RCKY Rocky Brands Inc. | 0.36% | 190,125 | $5.7M | Reduce -9.9% |
| MCD McDonald's Corp. | 0.36% | 18,331 | $5.6M | Reduce -0.2% |
| CAT Caterpillar Inc. | 0.35% | 11,382 | $5.4M | Add +0.1% |
| GRBK Green Brick Partners Inc. | 0.35% | 73,275 | $5.4M | No change |
| ESCA Escalade Inc. | 0.35% | 428,753 | $5.4M | Reduce -4.6% |
| ETD Ethan Allen Interiors Inc. | 0.34% | 181,050 | $5.3M | No change |
| BBW Build-A-Bear Workshop Inc. | 0.34% | 81,325 | $5.3M | Reduce -1.2% |
| WMT Walmart Inc. | 0.34% | 51,320 | $5.3M | Add +0.0% |
| FITB Fifth Third Bancorp | 0.33% | 114,792 | $5.1M | Add +1.7% |
| BBSI Barrett Business SVCS Inc. | 0.33% | 115,350 | $5.1M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.33% | 10,424 | $5.1M | No change |
| BND Vanguard Total Bond Market | 0.32% | 67,358 | $5.0M | Reduce -2.6% |
| LYTS Lsi Industries Inc. | 0.32% | 211,694 | $5.0M | Add +0.0% |
| MDY State Street SPDR S&P Midcap | 0.31% | 8,175 | $4.9M | Add +1.4% |
| MA Mastercard Inc. Class A | 0.31% | 8,460 | $4.8M | Add +0.1% |
| TILE Interface Inc. | 0.31% | 166,075 | $4.8M | No change |
| MRK Merck & Co. Inc. | 0.31% | 57,175 | $4.8M | Reduce -0.5% |
| DCI Donaldson Co. Inc. | 0.30% | 57,240 | $4.7M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.29% | 6 | $4.5M | No change |
| SGC Superior Group of Cos Inc. | 0.29% | 420,975 | $4.5M | Add +7.7% |
| BHB Bar Harbor Bankshares filed as BAR HBR BANKSHARES | 0.29% | 145,580 | $4.4M | No change |
| HD Home Depot Inc. | 0.28% | 10,926 | $4.4M | Add +2.2% |
| PFE Pfizer Inc. | 0.28% | 172,849 | $4.4M | Add +0.7% |
| VXUS Vanguard Total Intl Stock | 0.28% | 59,667 | $4.4M | Add +16.3% |
| META Meta Platforms Inc. Class A | 0.28% | 5,917 | $4.3M | Add +0.1% |
| XHB SS SPDR S&P Homebldrs ETF | 0.26% | 37,171 | $4.1M | Add +1.3% |
| ALG Alamo Group Inc. | 0.26% | 21,550 | $4.1M | No change |
| MSGE Madison Square Garden Entert | 0.26% | 89,636 | $4.1M | Reduce -1.3% |
| KO The Coca-Cola Co. | 0.26% | 61,095 | $4.1M | Add +0.1% |
| PGF Invesco Financial Preferred | 0.26% | 276,462 | $4.0M | Reduce -3.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 14,308 | $4.0M | Add +0.4% |
| KEX Kirby Corp. | 0.26% | 48,291 | $4.0M | No change |
| VOOV Vanguard S&P 500 Value ETF | 0.26% | 20,052 | $4.0M | Reduce -0.3% |
| ODC Oil-Dri Corp. of America | 0.26% | 65,400 | $4.0M | Reduce -9.7% |
| AEP American Electric Power | 0.25% | 34,979 | $3.9M | Reduce -0.6% |
| FFA First Trust Enhan Eqty Inc. | 0.25% | 180,173 | $3.9M | Add +1.9% |
| LQDT Liquidity Services Inc. | 0.25% | 138,975 | $3.8M | No change |
| EWJ iShares MSCI Japan ETF | 0.24% | 47,065 | $3.8M | No change |
| SBUX Starbucks Corp. | 0.24% | 44,447 | $3.8M | Add +1.2% |
| KMI Kinder Morgan Inc. | 0.24% | 132,186 | $3.7M | No change |
| WTFC Wintrust Financial Corp. | 0.23% | 27,205 | $3.6M | No change |
| GS Goldman Sachs Group Inc. | 0.23% | 4,506 | $3.6M | Add +0.0% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.23% | 3,705 | $3.5M | No change |
| CVX Chevron Corp. | 0.23% | 22,550 | $3.5M | Reduce -2.0% |
Other holdings (5): bonds, preferreds, convertibles and warrants · $1.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 21,000 | $1.0M | Add +147.1% |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | 32,200 | $819K | 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 |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 17,588 | $1K | Add +29.0% |
Total filed on the 13F, all lines: $1.6B.
Portfolio Sells Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | Reduce -2.9% | 3.13% | −0.23 |
| XLV SS Health Care Select Sector | Reduce -86.0% | 0.03% | −0.16 |
| HBB Hamilton Beach Brand-A | Reduce -34.7% | 0.15% | −0.16 |
| PAYX Paychex Inc. | Reduce -1.5% | 0.59% | −0.16 |
| KKR KKR & Co. Inc. | Reduce -1.9% | 0.92% | −0.12 |
| UPS United Parcel Service Class B | Reduce -42.9% | 0.09% | −0.12 |
| COST Costco Wholesale Corp. | Reduce -0.2% | 0.65% | −0.10 |
| HCKT The Hackett Group Inc. | Reduce -34.2% | 0.09% | −0.10 |
| AJG Arthur J Gallagher & Co. | Reduce -2.7% | 0.60% | −0.09 |
| ESCA Escalade Inc. | Reduce -4.6% | 0.35% | −0.09 |
| PUMP Propetro Holding Corp. | Reduce -97.5% | 0.00% | −0.09 |
| ACU Acme United Corp. | Reduce -1.2% | 0.68% | −0.07 |
| HRL Hormel Foods Corp. | Reduce -94.1% | 0.00% | −0.07 |
| CODI Compass Diversified Holdings | Reduce -53.8% | 0.05% | −0.07 |
| MLR Miller Industries Inc. | Reduce -30.8% | 0.09% | −0.07 |
| EPM Evolution Petroleum Corp. | Reduce -17.8% | 0.21% | −0.06 |
| GWRS Global Water Resources Inc. | Reduce -17.6% | 0.19% | −0.06 |
| ABT Abbott Laboratories | Reduce -0.1% | 0.55% | −0.06 |
| TGT Target Corp. | Reduce -3.2% | 0.21% | −0.05 |
| TBCH Turtle Beach Corp. | Reduce -24.6% | 0.18% | −0.04 |
| ODC Oil-Dri Corp. of America | Reduce -9.7% | 0.26% | −0.04 |
| AMGN Amgen Inc. | Reduce -1.0% | 0.42% | −0.04 |
| BND Vanguard Total Bond Market | Reduce -2.6% | 0.32% | −0.03 |
| XLF SS Financial Select Sector | Reduce -0.1% | 0.60% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -2.5% | 0.95% | −0.03 |
| MOV Movado Group Inc. | Reduce -29.9% | 0.11% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -1.9% | 0.10% | −0.03 |
| HAE Haemonetics Corp. | Sold out | 0.00% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.4% | 3.00% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -1.8% | 0.16% | −0.02 |
| PGF Invesco Financial Preferred | Reduce -3.5% | 0.26% | −0.02 |
| CTLP Cantaloupe Inc. | Reduce -24.1% | 0.04% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.4% | 0.60% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.1% | 2.81% | −0.02 |
| PEP Pepsico Inc. | Reduce -2.2% | 0.43% | −0.02 |
| XLE SS Energy Select Sector | Reduce -50.0% | 0.02% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -3.5% | 0.06% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -0.1% | 0.42% | −0.02 |
| MCD McDonald's Corp. | Reduce -0.2% | 0.36% | −0.02 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.02 |
| XLP SS Consumer Staples Sel Sect | Reduce -19.0% | 0.03% | −0.01 |
| OKE Oneok Inc. | Reduce -12.0% | 0.03% | −0.01 |
| DVY iShares Select Dividend ETF | Reduce -0.0% | 0.72% | −0.01 |
| VHT Vanguard Health Care ETF | Reduce -2.9% | 0.14% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -0.5% | 0.31% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -3.5% | 0.16% | −0.01 |
| O Realty Income Corp. | Reduce -1.1% | 0.20% | −0.01 |
| VOOV Vanguard S&P 500 Value ETF | Reduce -0.3% | 0.26% | −0.01 |
| WEN The Wendy's Co. | Reduce -22.0% | 0.01% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -30.2% | 0.01% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +0.3% | 3.95% | +0.51 |
| ORCL Oracle Corp. | Add +0.3% | 1.70% | +0.27 |
| VTIP Vanguard Short-Term Tips | Add +52.4% | 0.87% | +0.25 |
| VEA Vanguard Ftse Developed ETF | Add +63.1% | 0.47% | +0.17 |
| ABBV Abbvie Inc. | Add +0.0% | 1.15% | +0.15 |
| GIS General Mills Inc. | Add +255.8% | 0.19% | +0.13 |
| VPLS Vanguard Core-Plus Bond ETF | Add +237.5% | 0.16% | +0.11 |
| GOOG Alphabet Inc. Class C | Add +0.3% | 0.49% | +0.10 |
| SLP Simulations Plus Inc. | Add +195.6% | 0.16% | +0.09 |
| GCMG GCM Grosvenor Inc. Class A | New | 0.07% | +0.07 |
| JNJ Johnson & Johnson | Add +0.1% | 0.68% | +0.07 |
| LYTS Lsi Industries Inc. | Add +0.0% | 0.32% | +0.07 |
| VOO Vanguard S&P 500 ETF | Add +4.6% | 1.74% | +0.07 |
| IBIE iShares Ibonds Oct 2028 TT | New | 0.06% | +0.06 |
| OESX Orion Energy Systems Inc. | Add +4.8% | 0.22% | +0.06 |
| IVW iShares S&P 500 Growth ETF | Add +0.3% | 4.03% | +0.06 |
| EMBC Embecta Corp. | Add +305000.0% | 0.06% | +0.06 |
| YORW York Water Co. | New | 0.05% | +0.05 |
| REPX Riley Exploration Permian Inc. | New | 0.05% | +0.05 |
| SHOE Shoe Station Group Inc. | Add +51.6% | 0.13% | +0.05 |
| ORI Old Republic Intl Corp. | Add +0.2% | 2.13% | +0.04 |
| MDST Westwd Sat Encd Mdstr in ETF | Add +2026.5% | 0.04% | +0.04 |
| CAT Caterpillar Inc. | Add +0.1% | 0.35% | +0.04 |
| YELP Yelp Inc. | Add +500.0% | 0.05% | +0.04 |
| PRTS Carparts.com Inc. | Add +183.3% | 0.06% | +0.04 |
| HCSG Healthcare Services Group | Add +21.3% | 0.19% | +0.04 |
| VXUS Vanguard Total Intl Stock | Add +16.3% | 0.28% | +0.03 |
| VSDB Vanguard Short Dur Bond ETF | New | 0.03% | +0.03 |
| AMD Advanced Micro Devices | Add +1.3% | 0.40% | +0.02 |
| ENR Energizer Holdings Inc. | Add +0.4% | 0.19% | +0.02 |
| ALNT Allient Inc. | Add +0.0% | 0.18% | +0.02 |
| LINC Lincoln Educational Services | Add +18.1% | 0.22% | +0.02 |
| TSLA Tesla Inc. | Add +1.8% | 0.09% | +0.02 |
| CMI Cummins Inc. | Add +0.0% | 0.12% | +0.02 |
| GLW Corning Inc. | Add +0.1% | 0.06% | +0.02 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +8.5% | 3.13% | +0.02 |
| ORLY O'reilly Automotive Inc. | Add +0.0% | 0.20% | +0.02 |
| PSKY Paramount Skydance Class B | New | 0.02% | +0.02 |
| SMP Standard Motor Prods | Add +0.0% | 0.09% | +0.02 |
| HDSN Hudson Technologies Inc. | Add +3.7% | 0.11% | +0.02 |
| SUB iShares Short-Term National | New | 0.02% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +1.2% | 0.07% | +0.01 |
| NWE Northwestern Energy Group Inc. | Add +1.6% | 0.19% | +0.01 |
| XHB SS SPDR S&P Homebldrs ETF | Add +1.3% | 0.26% | +0.01 |
| ETHA iShares Ethereum Trust ETF | Add +341.0% | 0.01% | +0.01 |
| HD Home Depot Inc. | Add +2.2% | 0.28% | +0.01 |
| BABA Alibaba Group Holding-SP ADR | Add +33.9% | 0.02% | +0.01 |
| NEE Nextera Energy Inc. | Add +7.5% | 0.13% | +0.01 |
| SGC Superior Group of Cos Inc. | Add +7.7% | 0.29% | +0.01 |
| SCHY Schwab International DVD ETF | New | 0.01% | +0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | Add +147.1% | 21,000 | $1.0M |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Add +29.0% | 17,588 | $1K |
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 |