Schmidt P J Investment Management Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 29, 2024), Schmidt P J Investment Management Inc. reported 181 stock positions worth $547.4 million. Its top holding was Microsoft (MSFT) at 7.1% of the portfolio, followed by Apple (AAPL, 6.2%) and iShares 5-10Y Inv Grade (IGIB, 4.5%). Compared with Q1 2024, it opened 7 new positions, sold out of 5, added to 71 and reduced 74. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale Union Pacific (UNP, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- CEDARBURG, WI
- CIK
- 0001008895
- Portfolio Value
- $547.4M (Q2 2024)
- SEC Filing
- 0001008895-24-000003 ↗ filed Jul 29, 2024
Holdings Value
Holdings 181 stocks · $547.4M
| MSFT Microsoft Corp. | 7.09% | 86,832 | $38.8M | Add +0.5% |
| AAPL Apple Inc. | 6.18% | 160,565 | $33.8M | Add +0.9% |
| IGIB iShares 5-10Y Inv Grade Corp. | 4.50% | 480,724 | $24.6M | Add +1.5% |
| SNDR Schneider National Inc. Class B | 4.30% | 973,799 | $23.5M | Reduce -5.7% |
| GOVT iShares US Treasury Bond ETF | 4.09% | 991,613 | $22.4M | Add +2.0% |
| GOOG Alphabet Inc. Class C | 3.52% | 105,119 | $19.3M | Reduce -1.6% |
| AVGO Broadcom Inc. | 3.45% | 11,778 | $18.9M | Add +0.8% |
| LLY Eli Lilly & Co. | 3.18% | 19,203 | $17.4M | Reduce -0.5% |
| AMZN Amazon.com Inc. | 2.71% | 76,732 | $14.8M | Add +0.5% |
| UNH Unitedhealth Group Inc. | 2.43% | 26,145 | $13.3M | Reduce -2.8% |
| PG The Procter & Gamble Co. | 2.05% | 67,933 | $11.2M | Add +0.7% |
| PEP Pepsico Inc. | 1.79% | 59,366 | $9.8M | Add +0.0% |
| V Visa Inc. Class A | 1.76% | 36,799 | $9.7M | Add +0.3% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 1.73% | 48,021 | $9.5M | Add +2.4% |
| NEE Nextera Energy Inc. | 1.63% | 125,990 | $8.9M | Reduce -7.5% |
| BLK BlackRock Finance Inc. | 1.56% | 10,817 | $8.5M | Reduce -0.6% |
| MCD McDonald's Corp. | 1.49% | 31,909 | $8.1M | Add +0.1% |
| UNP Union Pacific Corp. | 1.44% | 34,734 | $7.9M | Reduce -1.9% |
| ADI Analog Devices Inc. | 1.41% | 34,050 | $7.7M | Add +2.0% |
| SYK Stryker Corp. | 1.40% | 22,588 | $7.7M | Reduce -3.0% |
| NVDA Nvidia Corp. | 1.34% | 59,214 | $7.3M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 1.31% | 35,530 | $7.2M | Add +1.1% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 1.30% | 105,880 | $7.1M | Add +7.8% |
| BBUS JPMorgan Betabuilders US Equ | 1.28% | 71,644 | $7.0M | Add +5.0% |
| NANR Sta STR SP S&P Nor An Res-Ui | 1.28% | 128,159 | $7.0M | Reduce -3.9% |
| HON Honeywell International Inc. | 1.27% | 32,665 | $7.0M | Reduce -1.6% |
| HD Home Depot Inc. | 1.19% | 18,946 | $6.5M | Add +0.3% |
| COST Costco Wholesale Corp. | 1.17% | 7,531 | $6.4M | Add +0.5% |
| BAB Invesco Taxable Municipal Bo | 1.10% | 228,887 | $6.0M | Add +7.0% |
| FBND Fidelity Total Bond ETF | 1.10% | 134,040 | $6.0M | Add +11.2% |
| ABBV Abbvie Inc. | 1.10% | 35,107 | $6.0M | Reduce -2.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.04% | 13,952 | $5.7M | Reduce -2.5% |
| TMO Thermo Fisher Scientific Inc. | 1.03% | 10,164 | $5.6M | Add +1.0% |
| XLC SS Comm Select Sector SPDR | 0.89% | 57,114 | $4.9M | Add +10.6% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.85% | 5,178 | $4.7M | Reduce -0.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.85% | 93,170 | $4.7M | Add +3.4% |
| ROP Roper Technologies Inc. | 0.84% | 8,165 | $4.6M | Add +3.2% |
| ITW Illinois Tool Works | 0.84% | 19,372 | $4.6M | Reduce -0.9% |
| IVV iShares Core S&P 500 ETF | 0.81% | 8,150 | $4.5M | Reduce -1.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.79% | 8,994 | $4.3M | No change |
| COWZ Pacer US Cash Cows 100 ETF | 0.78% | 78,229 | $4.3M | Reduce -4.5% |
| ICE Intercontinental Exchange Inc. | 0.76% | 30,455 | $4.2M | Reduce -4.9% |
| ABT Abbott Laboratories | 0.76% | 39,827 | $4.1M | Reduce -2.2% |
| MA Mastercard Inc. Class A | 0.68% | 8,379 | $3.7M | Add +0.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.61% | 64,723 | $3.3M | Reduce -9.8% |
| VIG Vanguard Dividend Apprec ETF | 0.60% | 18,130 | $3.3M | Reduce -10.5% |
| MRK Merck & Co. Inc. | 0.60% | 26,670 | $3.3M | No change |
| AMT American Tower Corp. | 0.54% | 15,265 | $3.0M | Reduce -2.9% |
| ACN Accenture PLC Class A | 0.49% | 8,830 | $2.7M | Add +3.1% |
| JNJ Johnson & Johnson | 0.48% | 17,807 | $2.6M | Reduce -2.2% |
| IQLT iShares MSCI International Q | 0.45% | 62,470 | $2.4M | Add +4.0% |
| ADP Automatic Data Processing | 0.42% | 9,645 | $2.3M | Add +0.4% |
| XOM Exxon Mobil Corp. | 0.39% | 18,714 | $2.2M | Reduce -0.0% |
| CRM Salesforce Inc. | 0.32% | 6,911 | $1.8M | Add +0.2% |
| TSLA Tesla Inc. | 0.32% | 8,818 | $1.7M | Reduce -3.4% |
| LMT Lockheed Martin Corp. | 0.31% | 3,656 | $1.7M | Add +2.4% |
| SCHG Schwab US Large-Cap Growth | 0.29% | 15,991 | $1.6M | Add +19.0% |
| XLV SS Health Care Select Sector | 0.28% | 10,520 | $1.5M | Reduce -9.9% |
| IYK iShares US Consumer Staples | 0.27% | 22,325 | $1.5M | Reduce -1.3% |
| PANW Palo Alto Networks Inc. | 0.25% | 4,070 | $1.4M | Add +3.5% |
| GOOGL Alphabet Inc. Class A | 0.24% | 7,345 | $1.3M | Reduce -0.1% |
| CVX Chevron Corp. | 0.24% | 8,344 | $1.3M | Add +0.5% |
| SUSC iShares ESG Aware Usd Corpor | 0.23% | 55,665 | $1.3M | Reduce -2.6% |
| IBTE iShares Ibonds Dec 2024 Term | 0.22% | 51,223 | $1.2M | Reduce -9.8% |
| WEC WEC Energy Group Inc. | 0.20% | 14,232 | $1.1M | Reduce -8.2% |
| XLK SS Technology Select Sector | 0.20% | 4,826 | $1.1M | No change |
| PNC PNC Financial Services Group | 0.18% | 6,449 | $1.0M | Reduce -23.2% |
| SPGI S&P Global Inc. | 0.18% | 2,175 | $970K | Reduce -3.9% |
| SYY Sysco Corp. | 0.18% | 13,570 | $969K | Reduce -0.9% |
| YUM Yum! Brands Inc. | 0.18% | 7,300 | $967K | No change |
| CCI Crown Castle Inc. | 0.17% | 9,765 | $954K | Reduce -7.8% |
| NKE Nike Inc. Class B | 0.17% | 12,301 | $927K | Reduce -1.4% |
| SCHD Schwab US DVD Equity ETF | 0.17% | 11,899 | $925K | Add +4.6% |
| SMLF iShares US Smallcap Equity F | 0.17% | 15,072 | $923K | Add +59.6% |
| JPSE JPM Diversified RT Small Cap filed as J P MORGAN EXCHANGE TRADED F | 0.17% | 21,023 | $917K | Add +2.9% |
| PTLC Pacer Trendpilot US Large Ca | 0.17% | 18,355 | $913K | Add +4.0% |
| AMGN Amgen Inc. | 0.16% | 2,836 | $886K | Reduce -1.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.16% | 1,838 | $862K | Add +89.9% |
| GLD SPDR Gold Shares | 0.16% | 3,950 | $849K | No change |
| BX Blackstone Inc. | 0.15% | 6,822 | $845K | Add +0.7% |
| BND Vanguard Total Bond Market | 0.15% | 11,156 | $804K | Add +20.1% |
| BSX Boston Scientific Corp. | 0.14% | 10,108 | $778K | Reduce -0.3% |
| IUSG iShares Core S&P U.S. Growth | 0.14% | 6,000 | $765K | No change |
| DUK Duke Energy Corp. | 0.14% | 7,454 | $747K | Reduce -27.4% |
| PFF iShares Preferred & Income S | 0.14% | 23,666 | $747K | Add +13.5% |
| XLE SS Energy Select Sector | 0.13% | 8,011 | $730K | Add +11.0% |
| GIS General Mills Inc. | 0.13% | 11,277 | $713K | Reduce -1.7% |
| PPA Invesco Aerospace & Defense | 0.13% | 6,807 | $699K | Add +10.8% |
| PXE Invesco Energy Exploration | 0.13% | 21,066 | $697K | Reduce -7.7% |
| MUB iShares National Muni Bond E | 0.12% | 6,388 | $681K | Add +109.6% |
| VGSH Vanguard Short-Term Treasury | 0.12% | 11,462 | $665K | Reduce -33.6% |
| ESGV Vanguard ESG US Stock ETF | 0.12% | 6,790 | $656K | Reduce -3.0% |
| IGM iShares Expanded Tech Sector | 0.12% | 6,726 | $634K | Add +8.5% |
| FDIS Fidelity MSCI Cons Discr Ind | 0.12% | 7,794 | $631K | Add +0.8% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.11% | 13,834 | $626K | Add +1.8% |
| FDVV Fidelity High Dividend ETF | 0.11% | 13,034 | $610K | Add +88.0% |
| CDNS Cadence Design SYS Inc. | 0.11% | 1,958 | $603K | Add +1.6% |
| VMBS Vanguard Mortgage-Backed Sec | 0.11% | 13,076 | $594K | Add +21.3% |
| FUTY Fidelity MSCI US Utilities | 0.10% | 12,985 | $571K | Reduce -3.1% |
| ALL Allstate Corp. | 0.10% | 3,548 | $566K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $50K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PENNYMAC CORP (PMT 5.5 11/01/24) | NOTE 5.500%11/0 · principal | 51,000 | $50K | No change |
Total filed on the 13F, all lines: $547.5M.
Portfolio Sells Q1 2024 → Q2 2024
| UNP Union Pacific Corp. | Reduce -1.9% | 1.44% | −0.21 |
| SYK Stryker Corp. | Reduce -3.0% | 1.40% | −0.17 |
| BLK BlackRock Finance Inc. | Reduce -0.6% | 1.56% | −0.16 |
| ITW Illinois Tool Works | Reduce -0.9% | 0.84% | −0.15 |
| GWW WW Grainger Inc. | Reduce -0.3% | 0.85% | −0.14 |
| ABBV Abbvie Inc. | Reduce -2.3% | 1.10% | −0.13 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -4.5% | 0.78% | −0.12 |
| ABT Abbott Laboratories | Reduce -2.2% | 0.76% | −0.12 |
| SNDR Schneider National Inc. Class B | Reduce -5.7% | 4.30% | −0.11 |
| NANR Sta STR SP S&P Nor An Res-Ui | Reduce -3.9% | 1.28% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.5% | 1.04% | −0.10 |
| VIG Vanguard Dividend Apprec ETF | Reduce -10.5% | 0.60% | −0.09 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -9.8% | 0.61% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -2.8% | 2.43% | −0.08 |
| PNC PNC Financial Services Group | Reduce -23.2% | 0.18% | −0.07 |
| FIVE Five Below | Sold out | 0.00% | −0.07 |
| ICE Intercontinental Exchange Inc. | Reduce -4.9% | 0.76% | −0.07 |
| JNJ Johnson & Johnson | Reduce -2.2% | 0.48% | −0.07 |
| VGSH Vanguard Short-Term Treasury | Reduce -33.6% | 0.12% | −0.07 |
| BMY Bristol-Myers Squibb Co. | Reduce -29.6% | 0.07% | −0.07 |
| NKE Nike Inc. Class B | Reduce -1.4% | 0.17% | −0.05 |
| DUK Duke Energy Corp. | Reduce -27.4% | 0.14% | −0.05 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.05 |
| XLV SS Health Care Select Sector | Reduce -9.9% | 0.28% | −0.05 |
| AMT American Tower Corp. | Reduce -2.9% | 0.54% | −0.04 |
| MIDD Middleby Corp. | Sold out | 0.00% | −0.04 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Sold out | 0.00% | −0.04 |
| BCE Bce Inc. | Sold out | 0.00% | −0.04 |
| CCI Crown Castle Inc. | Reduce -7.8% | 0.17% | −0.04 |
| WEC WEC Energy Group Inc. | Reduce -8.2% | 0.20% | −0.04 |
| SYY Sysco Corp. | Reduce -0.9% | 0.18% | −0.03 |
| IBTE iShares Ibonds Dec 2024 Term | Reduce -9.8% | 0.22% | −0.03 |
| PXE Invesco Energy Exploration | Reduce -7.7% | 0.13% | −0.03 |
| DIS The Walt Disney Co. | Reduce -0.2% | 0.08% | −0.02 |
| MO Altria Group Inc. | Reduce -27.1% | 0.06% | −0.02 |
| GIS General Mills Inc. | Reduce -1.7% | 0.13% | −0.02 |
| META Meta Platforms Inc. Class A | Reduce -27.7% | 0.05% | −0.02 |
| IYK iShares US Consumer Staples | Reduce -1.3% | 0.27% | −0.02 |
| SBUX Starbucks Corp. | Reduce -6.4% | 0.07% | −0.02 |
| GPC Genuine Parts Co. | Reduce -5.6% | 0.08% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -0.0% | 0.39% | −0.02 |
| SUSC iShares ESG Aware Usd Corpor | Reduce -2.6% | 0.23% | −0.02 |
| ICSH iShares Ultra Short Duration | Reduce -10.9% | 0.09% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -1.7% | 0.09% | −0.01 |
| KO The Coca-Cola Co. | Reduce -18.7% | 0.06% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -7.5% | 1.63% | −0.01 |
| HON Honeywell International Inc. | Reduce -1.6% | 1.27% | −0.01 |
| SJM The JM Smucker Co. | Reduce -8.0% | 0.04% | −0.01 |
| IBDT iShares Ibonds Dec 2028 ETF | Reduce -11.2% | 0.06% | −0.01 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Reduce -9.3% | 0.07% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +0.9% | 6.18% | +1.03 |
| AVGO Broadcom Inc. | Add +0.8% | 3.45% | +0.53 |
| MSFT Microsoft Corp. | Add +0.5% | 7.09% | +0.23 |
| ADI Analog Devices Inc. | Add +2.0% | 1.41% | +0.17 |
| COST Costco Wholesale Corp. | Add +0.5% | 1.17% | +0.13 |
| AMZN Amazon.com Inc. | Add +0.5% | 2.71% | +0.11 |
| XLC SS Comm Select Sector SPDR | Add +10.6% | 0.89% | +0.10 |
| VRTX Vertex Pharmaceuticals Inc. | Add +89.9% | 0.16% | +0.08 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Add +2.4% | 1.73% | +0.08 |
| FBND Fidelity Total Bond ETF | Add +11.2% | 1.10% | +0.07 |
| BBUS JPMorgan Betabuilders US Equ | Add +5.0% | 1.28% | +0.07 |
| MUB iShares National Muni Bond E | Add +109.6% | 0.12% | +0.06 |
| SCHG Schwab US Large-Cap Growth | Add +19.0% | 0.29% | +0.06 |
| SMLF iShares US Smallcap Equity F | Add +59.6% | 0.17% | +0.06 |
| FDVV Fidelity High Dividend ETF | Add +88.0% | 0.11% | +0.05 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +7.8% | 1.30% | +0.05 |
| CGMS Cap Group US Multi-Sect Bond | New | 0.04% | +0.04 |
| BOND PIMCO Active Bond Exchange-T | New | 0.04% | +0.04 |
| XLF SS Financial Select Sector | New | 0.04% | +0.04 |
| FSLR First Solar Inc. | New | 0.04% | +0.04 |
| PANW Palo Alto Networks Inc. | Add +3.5% | 0.25% | +0.04 |
| IAU iShares Gold Trust | New | 0.04% | +0.04 |
| SO The Southern Co. | New | 0.04% | +0.04 |
| OKE Oneok Inc. | New | 0.04% | +0.04 |
| BAB Invesco Taxable Municipal Bo | Add +7.0% | 1.10% | +0.03 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Add +36.8% | 0.07% | +0.02 |
| BND Vanguard Total Bond Market | Add +20.1% | 0.15% | +0.02 |
| VMBS Vanguard Mortgage-Backed Sec | Add +21.3% | 0.11% | +0.02 |
| PYLD PIMCO Multisector Bond Actv | Add +30.4% | 0.07% | +0.02 |
| IGM iShares Expanded Tech Sector | Add +8.5% | 0.12% | +0.02 |
| PPA Invesco Aerospace & Defense | Add +10.8% | 0.13% | +0.01 |
| PFF iShares Preferred & Income S | Add +13.5% | 0.14% | +0.01 |
| PTLC Pacer Trendpilot US Large Ca | Add +4.0% | 0.17% | +0.01 |
| LMT Lockheed Martin Corp. | Add +2.4% | 0.31% | +0.01 |
| XLE SS Energy Select Sector | Add +11.0% | 0.13% | +0.00 |
| ROP Roper Technologies Inc. | Add +3.2% | 0.84% | +0.00 |
| PM Philip Morris International | Add +0.1% | 0.05% | +0.00 |
| TDG Transdigm Group Inc. | Add +2.6% | 0.05% | +0.00 |
| RTX RTX Corp. | Add +2.4% | 0.04% | +0.00 |
| FLOT iShares Floating Rate Bond E | Add +4.4% | 0.05% | +0.00 |
| ITA iShares U.S. Aerospace & Def | Add +3.6% | 0.09% | +0.00 |
| IBDU iShares Ibonds Dec 2029 Term | Add +4.7% | 0.04% | +0.00 |
| ZTS Zoetis Inc. | Add +1.0% | 0.04% | +0.00 |
| NUDM Nuveen ESG Intl Devel MRK Eq | Add +2.8% | 0.06% | −0.00 |
| GCOW Pacer Global Cash Cows Divid | Add +5.3% | 0.04% | −0.00 |
| IBTF iShares Ibonds Dec 2025 Term | Add +2.2% | 0.09% | −0.00 |
| FHLC Fidelity MSCI Health Care | Add +3.2% | 0.08% | −0.00 |
| USMV iShares MSCI USA Min Vol Fac | Add +1.3% | 0.09% | −0.00 |
| IBMO iShares Ibonds Dec 2026 Term | Add +0.1% | 0.04% | −0.00 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +1.6% | 0.06% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 215 | $643.3M | AAPL, MSFT, GOOG, AVGO, SNDR |
| Q1 2026 | 211 | $594.6M | AAPL, MSFT, GOOG, AVGO, IGIB |
| Q4 2025 | 194 | $614.8M | AAPL, MSFT, AVGO, GOOG, IGIB |
| Q3 2025 | 199 | $605.1M | MSFT, AAPL, AVGO, IGIB, GOOG |
| Q2 2025 | 187 | $578.4M | MSFT, AAPL, AVGO, IGIB, SNDR |
| Q1 2025 | 184 | $546.0M | AAPL, MSFT, IGIB, GOVT, SNDR |
| Q4 2024 | 184 | $576.5M | AAPL, MSFT, AVGO, SNDR, IGIB |
| Q3 2024 | 187 | $579.2M | MSFT, AAPL, IGIB, SNDR, GOVT |
| Q2 2024 | 181 | $547.4M | MSFT, AAPL, IGIB, SNDR, GOVT |
| Q1 2024 | 179 | $530.0M | MSFT, AAPL, IGIB, SNDR, GOVT |