Pullen Investment Management, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 16, 2025), Pullen Investment Management, LLC reported 104 stock positions worth $158.4 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 6.1% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 4.4%) and Schwab US Broad Market ETF (SCHB, 3.1%). Compared with Q4 2024, it opened 11 new positions, sold out of 10, added to 57 and reduced 30. The biggest buy was a new position in Cisco Systems (CSCO) and the biggest sale an exit from iShares Russell 1000 Value E (IWD).

Most Recent 13F
Q2 2026
Location
BRADENTON, FL
CIK
0002011668
Portfolio Value
$158.4M (Q1 2025)
SEC Filing
0002011668-25-000002 ↗ filed Apr 16, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $118.4M Q1 2024 Q2 2024: $120.7M Q2 2024 Q3 2024: $136.8M Q3 2024 Q4 2024: $153.8M Q4 2024 Q1 2025: $158.4M $158.4M Q1 2025 Q2 2025: $166.0M Q2 2025 Q3 2025: $184.7M Q3 2025 Q4 2025: $189.9M Q4 2025 Q1 2026: $199.2M Q1 2026 Q2 2026: $216.0M Q2 2026

Holdings 104 stocks · $158.4M
VOO Vanguard S&P 500 ETF 6.14% 18,933 $9.7M Add +5.0%
VTI VG Morningstar TS MKT ETF-US 4.37% 25,154 $6.9M Add +7.8%
SCHB Schwab US Broad Market ETF 3.13% 229,949 $5.0M Reduce -0.5%
BRK.B Berkshire Hathaway Inc. Class B 2.84% 8,455 $4.5M Reduce -2.8%
SPY SS SPDR S&P 500 ETF Trust-US 2.18% 6,165 $3.4M Reduce -0.5%
MSFT Microsoft Corp. 2.14% 9,012 $3.4M Reduce -5.2%
LINC Lincoln Educational Services 2.13% 212,715 $3.4M Add +1.4%
HII Huntington Ingalls Industrie 2.04% 15,830 $3.2M Add +1.7%
KEX Kirby Corp. 2.00% 31,378 $3.2M Add +0.3%
AGM Federal Agric MTG Corp. Class C 1.90% 16,012 $3.0M Reduce -0.0%
GPK Graphic Packaging Holding Co. 1.79% 109,373 $2.8M Add +0.1%
SO The Southern Co. 1.72% 29,630 $2.7M Reduce -0.1%
SSTI Soundthinking Inc. 1.70% 159,138 $2.7M Add +12.0%
CVX Chevron Corp. 1.68% 15,866 $2.7M Reduce -3.8%
SENEA Seneca Foods Corp. Class A 1.61% 28,559 $2.5M Add +2.1%
COKE Coca-Cola Consolidated Inc. 1.45% 1,699 $2.3M Add +3.0%
ALL Allstate Corp. 1.42% 10,849 $2.2M Reduce -5.5%
THG Hanover Insurance Group Inc./ 1.34% 12,217 $2.1M Add +2.0%
MSGS Madison Square Garden Sports 1.32% 10,744 $2.1M Add +44.6%
HES Hess Corp. 1.31% 13,010 $2.1M Add +1.5%
SIGI Selective Insurance Group 1.30% 22,548 $2.1M Add +77.0%
FCFS Firstcash Holdings Inc. 1.30% 17,148 $2.1M Add +2.0%
KVUE Kenvue Inc. 1.30% 85,894 $2.1M Add +22.9%
CRD.A Crawford & Company Class A 1.22% 168,884 $1.9M Add +2.0%
GLD SPDR Gold Shares 1.21% 6,667 $1.9M Reduce -8.1%
NWE Northwestern Energy Group Inc. 1.14% 31,265 $1.8M Add +1.6%
CME Cme Group Inc. 1.12% 6,661 $1.8M Reduce -3.8%
TTI Tetra Technologies Inc. 1.10% 518,371 $1.7M Add +2.1%
VIRT Virtu Financial Inc. Class A 1.08% 44,922 $1.7M Add +1.8%
PNC PNC Financial Services Group 1.08% 9,736 $1.7M Reduce -4.0%
UL Unilever PLC 1.07% 28,341 $1.7M Add +2.3%
UTI Universal Technical Institut 1.06% 65,229 $1.7M Reduce -31.6%
B Barrick Gold Corp. 1.04% 84,904 $1.7M Reduce -1.6%
COST Costco Wholesale Corp. 1.03% 1,731 $1.6M Reduce -10.5%
CCI Crown Castle Inc. 1.03% 15,626 $1.6M Add +91.9%
AZZ Azz Inc. 1.03% 19,429 $1.6M Add +1.6%
HON Honeywell International Inc. 1.02% 7,628 $1.6M Add +57.9%
NEM Newmont Corp. 1.00% 32,929 $1.6M Add +15.6%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.99% 22,100 $1.6M Reduce -3.7%
CSCO Cisco Systems Inc. 0.96% 24,615 $1.5M New
PLPC Preformed Line Products Co. 0.96% 10,820 $1.5M Add +128.4%
DUK Duke Energy Corp. 0.95% 12,370 $1.5M Reduce -3.7%
LH Labcorp Holdings Inc. 0.95% 6,464 $1.5M Reduce -6.6%
MPC Marathon Petroleum Corp. 0.94% 10,220 $1.5M Add +0.2%
WMG Warner Music Group Corp. Class A 0.94% 47,239 $1.5M Reduce -1.0%
XOM Exxon Mobil Corp. 0.89% 11,871 $1.4M Reduce -3.7%
JAAA Janus Henderson Aaa Clo ETF 0.89% 27,636 $1.4M Add +50.5%
WMB Williams Cos Inc. 0.87% 23,022 $1.4M Add +2.5%
THS Treehouse Foods Inc. 0.87% 50,675 $1.4M Add +13.5%
LMT Lockheed Martin Corp. 0.82% 2,894 $1.3M Reduce -5.3%
UNF Unifirst Corp. 0.81% 7,357 $1.3M Add +58.0%
SCL Stepan Co. 0.80% 22,990 $1.3M Add +225.9%
INGM Ingram Micro Holding Corp. 0.76% 67,977 $1.2M New
FOX Fox Corp. Class B 0.74% 22,293 $1.2M Reduce -4.0%
JNJ Johnson & Johnson 0.71% 6,815 $1.1M Add +6.4%
RTO Rentokil Initial PLC-SP ADR 0.70% 48,634 $1.1M New
LKQ LKQ Corp. 0.70% 26,147 $1.1M Reduce -7.0%
ALNT Allient Inc. 0.68% 48,961 $1.1M Add +3.0%
SYY Sysco Corp. 0.68% 14,309 $1.1M New
AVD American Vanguard Corp. 0.68% 243,143 $1.1M Add +36.4%
OLLI Ollie's Bargain Outlet Holdi 0.67% 9,094 $1.1M Add +46.3%
MRK Merck & Co. Inc. 0.66% 11,721 $1.1M Add +2.0%
SLRC SLR Investment Corp. 0.66% 62,084 $1.0M Add +2.8%
PSN Parsons Corp. 0.65% 17,447 $1.0M Add +1.8%
CNX CNX Resources Corp. 0.65% 32,633 $1.0M Add +1.5%
VZ Verizon Communications Inc. 0.64% 22,272 $1.0M New
CCK Crown Holdings Inc. 0.63% 11,230 $1.0M Add +96.7%
MZTI The Marzetti Company filed as LANCASTER COLONY CORP 0.63% 5,688 $995K Add +3.1%
CDW CDW Corp. 0.60% 5,919 $949K Reduce -3.5%
NSC Norfolk Southern Corp. 0.60% 3,998 $947K Add +7.8%
SPB Spectrum Brands Holdings Inc. 0.56% 12,361 $884K Add +2.8%
MRC MRC Global Inc. 0.56% 76,895 $883K New
WMT Walmart Inc. 0.56% 10,028 $880K Reduce -0.2%
MNRO Monro Inc. 0.52% 57,078 $826K Add +5.7%
IBKR Interactive Brokers Gro Class A 0.51% 4,898 $811K Reduce -5.8%
BRK.A Berkshire Hathaway Inc. Class A 0.50% 1 $798K New
MP MP Materials Corp. 0.50% 32,185 $786K Add +3.7%
JPM JPMorgan Chase & Co. 0.49% 3,163 $776K Add +3.5%
LAND Gladstone Land Corp. 0.48% 72,862 $767K Add +8.1%
V Visa Inc. Class A 0.41% 1,845 $647K Add +4.5%
SHEL Shell PLC-ADR 0.39% 8,468 $621K Add +6.7%
FTDR Frontdoor Inc. 0.39% 15,949 $613K Add +34.5%
VSTS Vestis Corp. 0.38% 61,110 $605K Add +1.4%
MA Mastercard Inc. Class A 0.36% 1,041 $571K No change
FIGS Figs Inc. Class A 0.33% 114,149 $524K Add +1.7%
GENC Gencor Industries Inc. 0.32% 42,311 $515K Add +3.0%
AVGO Broadcom Inc. 0.32% 3,010 $504K Add +3.5%
WTRG Essential Utilities Inc. 0.31% 12,287 $486K Add +21.1%
CMDY iShares Bloomberg Roll Selec 0.30% 9,237 $479K Add +1.8%
BINC iShares Flex I A ETF-Usd Inc. 0.30% 8,940 $468K Reduce -0.7%
JBBB Janus Henderson B-BBB Clo Et 0.26% 8,490 $413K Add +7.7%
HUM Humana Inc. 0.25% 1,522 $403K New
RVTY Revvity Inc. 0.24% 3,564 $377K New
IAU iShares Gold Trust 0.22% 5,856 $345K Reduce -7.4%
IVW iShares S&P 500 Growth ETF 0.20% 3,428 $318K No change
FMC FMC Corp. 0.20% 7,446 $314K New
VUG Vanguard Mrngstar GR ETF-Sui 0.20% 842 $312K No change
PG The Procter & Gamble Co. 0.19% 1,784 $304K Reduce -20.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.17% 1,583 $273K No change
KO The Coca-Cola Co. 0.16% 3,552 $254K Reduce -14.5%
EQT Eqt Corp. 0.14% 4,083 $218K Reduce -81.1%
DLN Wisdomtree US Largecap Divid 0.14% 2,722 $216K No change
HNRG Hallador Energy Co. 0.12% 15,000 $184K New
HCW BIOLOGICS INC 0.01% 75,116 $21K No change

Portfolio Sells Q4 2024 → Q1 2025
IWD iShares Russell 1000 Value E Sold out 0.00% −1.83
AEM Agnico Eagle Mines Ltd. Sold out 0.00% −1.39
PAAS Pan American Silver Corp. Sold out 0.00% −1.14
CRK Comstock Resources Inc. Sold out 0.00% −1.05
D Dominion Energy Inc. Sold out 0.00% −0.66
SAND Sandstorm Gold Ltd. Sold out 0.00% −0.66
UTI Universal Technical Institut Reduce -31.6% 1.06% −0.54
EQT Eqt Corp. Reduce -81.1% 0.14% −0.51
IWM iShares Russell 2000 ETF Sold out 0.00% −0.49
MSFT Microsoft Corp. Reduce -5.2% 2.14% −0.47
ATSG Air Transport Services Group Sold out 0.00% −0.45
SCHB Schwab US Broad Market ETF Reduce -0.5% 3.13% −0.28
BA The Boeing Co. Sold out 0.00% −0.25
PNC PNC Financial Services Group Reduce -4.0% 1.08% −0.19
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.5% 2.18% −0.18
AGM Federal Agric MTG Corp. Class C Reduce -0.0% 1.90% −0.15
CTRA Coterra Energy Inc. Sold out 0.00% −0.15
LMT Lockheed Martin Corp. Reduce -5.3% 0.82% −0.15
COST Costco Wholesale Corp. Reduce -10.5% 1.03% −0.12
CDW CDW Corp. Reduce -3.5% 0.60% −0.10
IBKR Interactive Brokers Gro Class A Reduce -5.8% 0.51% −0.08
LH Labcorp Holdings Inc. Reduce -6.6% 0.95% −0.08
PG The Procter & Gamble Co. Reduce -20.1% 0.19% −0.05
WMT Walmart Inc. Reduce -0.2% 0.56% −0.03
WMG Warner Music Group Corp. Class A Reduce -1.0% 0.94% −0.03
ALL Allstate Corp. Reduce -5.5% 1.42% −0.02
BINC iShares Flex I A ETF-Usd Inc. Reduce -0.7% 0.30% −0.01
KO The Coca-Cola Co. Reduce -14.5% 0.16% −0.01
IAU iShares Gold Trust Reduce -7.4% 0.22% +0.01
XOM Exxon Mobil Corp. Reduce -3.7% 0.89% +0.03
LKQ LKQ Corp. Reduce -7.0% 0.70% +0.03
FOX Fox Corp. Class B Reduce -4.0% 0.74% +0.05
DUK Duke Energy Corp. Reduce -3.7% 0.95% +0.05
GLD SPDR Gold Shares Reduce -8.1% 1.21% +0.07
CME Cme Group Inc. Reduce -3.8% 1.12% +0.07
WRB WR Berkley Corp. Reduce -3.7% 0.99% +0.12
CVX Chevron Corp. Reduce -3.8% 1.68% +0.12
SO The Southern Co. Reduce -0.1% 1.72% +0.13
B Barrick Gold Corp. Reduce -1.6% 1.04% +0.17
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.8% 2.84% +0.28

Portfolio Buys Q4 2024 → Q1 2025
CSCO Cisco Systems Inc. New 0.96% +0.96
INGM Ingram Micro Holding Corp. New 0.76% +0.76
RTO Rentokil Initial PLC-SP ADR New 0.70% +0.70
SYY Sysco Corp. New 0.68% +0.68
VZ Verizon Communications Inc. New 0.64% +0.64
PLPC Preformed Line Products Co. Add +128.4% 0.96% +0.56
MRC MRC Global Inc. New 0.56% +0.56
CCI Crown Castle Inc. Add +91.9% 1.03% +0.55
SIGI Selective Insurance Group Add +77.0% 1.30% +0.53
BRK.A Berkshire Hathaway Inc. Class A New 0.50% +0.50
SCL Stepan Co. Add +225.9% 0.80% +0.50
SSTI Soundthinking Inc. Add +12.0% 1.70% +0.50
KVUE Kenvue Inc. Add +22.9% 1.30% +0.33
CCK Crown Holdings Inc. Add +96.7% 0.63% +0.33
NEM Newmont Corp. Add +15.6% 1.00% +0.31
HON Honeywell International Inc. Add +57.9% 1.02% +0.31
UNF Unifirst Corp. Add +58.0% 0.81% +0.29
JAAA Janus Henderson Aaa Clo ETF Add +50.5% 0.89% +0.28
HUM Humana Inc. New 0.25% +0.25
RVTY Revvity Inc. New 0.24% +0.24
MSGS Madison Square Garden Sports Add +44.6% 1.32% +0.23
OLLI Ollie's Bargain Outlet Holdi Add +46.3% 0.67% +0.22
HES Hess Corp. Add +1.5% 1.31% +0.20
FMC FMC Corp. New 0.20% +0.20
MP MP Materials Corp. Add +3.7% 0.50% +0.18
FCFS Firstcash Holdings Inc. Add +2.0% 1.30% +0.17
SENEA Seneca Foods Corp. Class A Add +2.1% 1.61% +0.16
AVD American Vanguard Corp. Add +36.4% 0.68% +0.14
THG Hanover Insurance Group Inc./ Add +2.0% 1.34% +0.14
HII Huntington Ingalls Industrie Add +1.7% 2.04% +0.13
HNRG Hallador Energy Co. New 0.12% +0.12
JNJ Johnson & Johnson Add +6.4% 0.71% +0.11
COKE Coca-Cola Consolidated Inc. Add +3.0% 1.45% +0.10
WMB Williams Cos Inc. Add +2.5% 0.87% +0.08
NWE Northwestern Energy Group Inc. Add +1.6% 1.14% +0.07
SHEL Shell PLC-ADR Add +6.7% 0.39% +0.07
WTRG Essential Utilities Inc. Add +21.1% 0.31% +0.07
VIRT Virtu Financial Inc. Class A Add +1.8% 1.08% +0.06
V Visa Inc. Class A Add +4.5% 0.41% +0.05
UL Unilever PLC Add +2.3% 1.07% +0.04
NSC Norfolk Southern Corp. Add +7.8% 0.60% +0.03
SLRC SLR Investment Corp. Add +2.8% 0.66% +0.03
CMDY iShares Bloomberg Roll Selec Add +1.8% 0.30% +0.02
MPC Marathon Petroleum Corp. Add +0.2% 0.94% +0.02
JPM JPMorgan Chase & Co. Add +3.5% 0.49% +0.01
JBBB Janus Henderson B-BBB Clo Et Add +7.7% 0.26% +0.01
LAND Gladstone Land Corp. Add +8.1% 0.48% +0.01
MZTI The Marzetti Company Add +3.1% 0.63% +0.01
AZZ Azz Inc. Add +1.6% 1.03% +0.01
LINC Lincoln Educational Services Add +1.4% 2.13% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 98$216.0MVOO, VTI, MSGS, SCHB, KEX
Q1 2026 98$199.2MVOO, VTI, LINC, CVX, KEX
Q4 2025 97$189.9MVOO, VTI, HII, SCHB, LINC
Q3 2025 99$184.7MVOO, VTI, SCHB, MSFT, HII
Q2 2025 100$166.0MVOO, VTI, SCHB, MSFT, BRK.B
Q1 2025 104$158.4MVOO, VTI, SCHB, BRK.B, SPY
Q4 2024 103$153.8MVOO, VTI, SCHB, MSFT, BRK.B
Q3 2024 100$136.8MVOO, VTI, SCHB, BRK.B, MSFT
Q2 2024 99$120.7MVOO, VTI, SCHB, MSFT, BRK.B
Q1 2024 97$118.4MVOO, VTI, SCHB, MSFT, BRK.B