Schmidt P J Investment Management Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 23, 2024), Schmidt P J Investment Management Inc. reported 187 stock positions worth $579.2 million. Its top holding was Microsoft (MSFT) at 6.4% of the portfolio, followed by Apple (AAPL, 6.4%) and iShares 5-10Y Inv Grade (IGIB, 4.5%). Compared with Q2 2024, it opened 10 new positions, sold out of 4, added to 58 and reduced 85. The biggest buy was a new position in iShares Ustechnology ETF (IYW) and the biggest sale Microsoft (MSFT, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- CEDARBURG, WI
- CIK
- 0001008895
- Portfolio Value
- $579.2M (Q3 2024)
- SEC Filing
- 0001008895-24-000005 ↗ filed Oct 23, 2024
Holdings Value
Holdings 187 stocks · $579.2M
| MSFT Microsoft Corp. | 6.43% | 86,610 | $37.3M | Reduce -0.3% |
| AAPL Apple Inc. | 6.39% | 158,816 | $37.0M | Reduce -1.1% |
| IGIB iShares 5-10Y Inv Grade Corp. | 4.53% | 488,086 | $26.2M | Add +1.5% |
| SNDR Schneider National Inc. Class B | 4.48% | 908,599 | $25.9M | Reduce -6.7% |
| GOVT iShares US Treasury Bond ETF | 4.17% | 1,030,861 | $24.2M | Add +4.0% |
| AVGO Broadcom Inc. | 3.46% | 116,329 | $20.1M | Reduce -1.2% |
| GOOG Alphabet Inc. Class C | 3.03% | 104,861 | $17.5M | Reduce -0.3% |
| LLY Eli Lilly & Co. | 2.93% | 19,143 | $17.0M | Reduce -0.3% |
| UNH Unitedhealth Group Inc. | 2.58% | 25,536 | $14.9M | Reduce -2.3% |
| AMZN Amazon.com Inc. | 2.48% | 76,961 | $14.3M | Add +0.3% |
| PG The Procter & Gamble Co. | 1.97% | 65,897 | $11.4M | Reduce -3.0% |
| NEE Nextera Energy Inc. | 1.82% | 124,688 | $10.5M | Reduce -1.0% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 1.77% | 49,685 | $10.3M | Add +3.5% |
| BLK BlackRock Finance Inc. | 1.75% | 10,651 | $10.1M | Reduce -1.5% |
| V Visa Inc. Class A | 1.72% | 36,308 | $10.0M | Reduce -1.3% |
| PEP Pepsico Inc. | 1.67% | 56,885 | $9.7M | Reduce -4.2% |
| MCD McDonald's Corp. | 1.62% | 30,908 | $9.4M | Reduce -3.1% |
| UNP Union Pacific Corp. | 1.41% | 33,206 | $8.2M | Reduce -4.4% |
| SYK Stryker Corp. | 1.37% | 22,013 | $8.0M | Reduce -2.5% |
| BBUS JPMorgan Betabuilders US Equ | 1.36% | 76,284 | $7.9M | Add +6.5% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 1.35% | 108,859 | $7.8M | Add +2.8% |
| ADI Analog Devices Inc. | 1.35% | 33,933 | $7.8M | Reduce -0.3% |
| HD Home Depot Inc. | 1.30% | 18,633 | $7.6M | Reduce -1.6% |
| JPM JPMorgan Chase & Co. | 1.27% | 34,866 | $7.4M | Reduce -1.9% |
| NANR Sta STR SP S&P Nor An Res-Ui | 1.24% | 127,268 | $7.2M | Reduce -0.7% |
| ABBV Abbvie Inc. | 1.19% | 35,005 | $6.9M | Reduce -0.3% |
| NVDA Nvidia Corp. | 1.18% | 56,290 | $6.8M | Reduce -4.9% |
| HON Honeywell International Inc. | 1.13% | 31,792 | $6.6M | Reduce -2.7% |
| COST Costco Wholesale Corp. | 1.13% | 7,381 | $6.5M | Reduce -2.0% |
| FBND Fidelity Total Bond ETF | 1.13% | 139,684 | $6.5M | Add +4.2% |
| BAB Invesco Taxable Municipal Bo | 1.09% | 229,868 | $6.3M | Add +0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.08% | 13,634 | $6.3M | Reduce -2.3% |
| TMO Thermo Fisher Scientific Inc. | 1.05% | 9,807 | $6.1M | Reduce -3.5% |
| XLC SS Comm Select Sector SPDR | 0.96% | 61,513 | $5.6M | Add +7.7% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.95% | 5,302 | $5.5M | Add +2.4% |
| ITW Illinois Tool Works | 0.86% | 18,934 | $5.0M | Reduce -2.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.83% | 93,855 | $4.8M | Add +0.7% |
| ICE Intercontinental Exchange Inc. | 0.81% | 29,291 | $4.7M | Reduce -3.8% |
| IVV iShares Core S&P 500 ETF | 0.80% | 8,061 | $4.6M | Reduce -1.1% |
| IYW iShares Ustechnology ETF | 0.79% | 30,314 | $4.6M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.76% | 8,994 | $4.4M | No change |
| ABT Abbott Laboratories | 0.74% | 37,732 | $4.3M | Reduce -5.3% |
| MA Mastercard Inc. Class A | 0.71% | 8,356 | $4.1M | Reduce -0.3% |
| ROP Roper Technologies Inc. | 0.70% | 7,296 | $4.1M | Reduce -10.6% |
| COWZ Pacer US Cash Cows 100 ETF | 0.68% | 68,577 | $4.0M | Reduce -12.3% |
| VIG Vanguard Dividend Apprec ETF | 0.62% | 18,221 | $3.6M | Add +0.5% |
| AMT American Tower Corp. | 0.59% | 14,777 | $3.4M | Reduce -3.2% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.54% | 59,765 | $3.1M | Reduce -7.7% |
| MRK Merck & Co. Inc. | 0.52% | 26,670 | $3.0M | No change |
| JNJ Johnson & Johnson | 0.46% | 16,589 | $2.7M | Reduce -6.8% |
| IQLT iShares MSCI International Q | 0.46% | 64,470 | $2.7M | Add +3.2% |
| ADP Automatic Data Processing | 0.45% | 9,419 | $2.6M | Reduce -2.3% |
| TSLA Tesla Inc. | 0.40% | 8,797 | $2.3M | Reduce -0.2% |
| XOM Exxon Mobil Corp. | 0.38% | 18,559 | $2.2M | Reduce -0.8% |
| LMT Lockheed Martin Corp. | 0.36% | 3,612 | $2.1M | Reduce -1.2% |
| CRM Salesforce Inc. | 0.33% | 6,936 | $1.9M | Add +0.4% |
| SCHG Schwab US Large-Cap Growth | 0.32% | 17,667 | $1.8M | Add +10.5% |
| IYK iShares US Consumer Staples | 0.27% | 21,872 | $1.5M | Reduce -2.0% |
| SUSC iShares ESG Aware Usd Corpor | 0.24% | 58,824 | $1.4M | Add +5.7% |
| PANW Palo Alto Networks Inc. | 0.24% | 4,090 | $1.4M | Add +0.5% |
| XLV SS Health Care Select Sector | 0.24% | 8,897 | $1.4M | Reduce -15.4% |
| WEC WEC Energy Group Inc. | 0.22% | 13,230 | $1.3M | Reduce -7.0% |
| GOOGL Alphabet Inc. Class A | 0.21% | 7,323 | $1.2M | Reduce -0.3% |
| SMLF iShares US Smallcap Equity F | 0.21% | 17,930 | $1.2M | Add +19.0% |
| PNC PNC Financial Services Group | 0.20% | 6,400 | $1.2M | Reduce -0.8% |
| XLK SS Technology Select Sector | 0.20% | 5,226 | $1.2M | Add +8.3% |
| CVX Chevron Corp. | 0.20% | 7,844 | $1.2M | Reduce -6.0% |
| IBTE iShares Ibonds Dec 2024 Term | 0.20% | 47,982 | $1.2M | Reduce -6.3% |
| SPGI S&P Global Inc. | 0.19% | 2,120 | $1.1M | Reduce -2.5% |
| JPSE JPM Diversified RT Small Cap filed as J P MORGAN EXCHANGE TRADED F | 0.18% | 21,965 | $1.1M | Add +4.5% |
| BX Blackstone Inc. | 0.18% | 6,752 | $1.0M | Reduce -1.0% |
| CCI Crown Castle Inc. | 0.18% | 8,702 | $1.0M | Reduce -10.9% |
| YUM Yum! Brands Inc. | 0.18% | 7,300 | $1.0M | No change |
| SCHD Schwab US DVD Equity ETF | 0.17% | 11,959 | $1.0M | Add +0.5% |
| PTLC Pacer Trendpilot US Large Ca | 0.17% | 19,171 | $1.0M | Add +4.5% |
| NKE Nike Inc. Class B | 0.17% | 11,365 | $1.0M | Reduce -7.6% |
| SYY Sysco Corp. | 0.17% | 12,685 | $990K | Reduce -6.5% |
| FDVV Fidelity High Dividend ETF | 0.17% | 19,522 | $989K | Add +49.8% |
| GLD SPDR Gold Shares | 0.17% | 3,950 | $960K | No change |
| VRTX Vertex Pharmaceuticals Inc. | 0.16% | 2,021 | $940K | Add +10.0% |
| AMGN Amgen Inc. | 0.16% | 2,876 | $927K | Add +1.4% |
| MUB iShares National Muni Bond E | 0.16% | 8,269 | $898K | Add +29.4% |
| BND Vanguard Total Bond Market | 0.15% | 11,560 | $868K | Add +3.6% |
| BSX Boston Scientific Corp. | 0.15% | 10,190 | $854K | Add +0.8% |
| FDIS Fidelity MSCI Cons Discr Ind | 0.15% | 9,537 | $843K | Add +22.4% |
| PPA Invesco Aerospace & Defense | 0.14% | 7,271 | $836K | Add +6.8% |
| GIS General Mills Inc. | 0.14% | 11,277 | $833K | No change |
| DUK Duke Energy Corp. | 0.14% | 7,154 | $825K | Reduce -4.0% |
| PFF iShares Preferred & Income S | 0.14% | 24,143 | $802K | Add +2.0% |
| IUSG iShares Core S&P U.S. Growth | 0.14% | 6,000 | $791K | No change |
| ESGV Vanguard ESG US Stock ETF | 0.12% | 7,087 | $720K | Add +4.4% |
| XLE SS Energy Select Sector | 0.12% | 7,863 | $690K | Reduce -1.9% |
| IGM iShares Expanded Tech Sector | 0.11% | 6,920 | $664K | Add +2.9% |
| FUTY Fidelity MSCI US Utilities | 0.11% | 12,767 | $662K | Reduce -1.7% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.11% | 13,806 | $651K | Reduce -0.2% |
| ALL Allstate Corp. | 0.11% | 3,398 | $644K | Reduce -4.2% |
| VMBS Vanguard Mortgage-Backed Sec | 0.11% | 13,439 | $634K | Add +2.8% |
| VCIT Vanguard Int-Term Corporate | 0.11% | 7,370 | $617K | Add +5.3% |
| PXE Invesco Energy Exploration | 0.11% | 20,582 | $610K | Reduce -2.3% |
| PYLD PIMCO Multisector Bond Actv | 0.10% | 22,773 | $607K | Add +43.2% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $51K (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 | $51K | No change |
Total filed on the 13F, all lines: $579.3M.
Portfolio Sells Q2 2024 → Q3 2024
| MSFT Microsoft Corp. | Reduce -0.3% | 6.43% | −0.65 |
| GOOG Alphabet Inc. Class C | Reduce -0.3% | 3.03% | −0.50 |
| ACN Accenture PLC Class A | Reduce -89.6% | 0.06% | −0.43 |
| LLY Eli Lilly & Co. | Reduce -0.3% | 2.93% | −0.25 |
| NVDA Nvidia Corp. | Reduce -4.9% | 1.18% | −0.16 |
| ROP Roper Technologies Inc. | Reduce -10.6% | 0.70% | −0.14 |
| HON Honeywell International Inc. | Reduce -2.7% | 1.13% | −0.14 |
| PEP Pepsico Inc. | Reduce -4.2% | 1.67% | −0.12 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -12.3% | 0.68% | −0.09 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.09 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -3.0% | 1.97% | −0.08 |
| ADI Analog Devices Inc. | Reduce -0.3% | 1.35% | −0.07 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -7.7% | 0.54% | −0.06 |
| XLV SS Health Care Select Sector | Reduce -15.4% | 0.24% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -1.9% | 1.27% | −0.04 |
| V Visa Inc. Class A | Reduce -1.3% | 1.72% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -2.0% | 1.13% | −0.04 |
| CVX Chevron Corp. | Reduce -6.0% | 0.20% | −0.04 |
| IEO iShares U.S. Oil & Gas Explo | Sold out | 0.00% | −0.04 |
| VGSH Vanguard Short-Term Treasury | Reduce -27.5% | 0.08% | −0.04 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.04 |
| GOOGL Alphabet Inc. Class A | Reduce -0.3% | 0.21% | −0.03 |
| DIS The Walt Disney Co. | Reduce -31.0% | 0.05% | −0.03 |
| D Dominion Energy Inc. | Reduce -46.7% | 0.05% | −0.03 |
| SYK Stryker Corp. | Reduce -2.5% | 1.37% | −0.03 |
| NANR Sta STR SP S&P Nor An Res-Ui | Reduce -0.7% | 1.24% | −0.03 |
| DE Deere & Co. | Reduce -40.2% | 0.05% | −0.03 |
| IBTE iShares Ibonds Dec 2024 Term | Reduce -6.3% | 0.20% | −0.03 |
| UNP Union Pacific Corp. | Reduce -4.4% | 1.41% | −0.02 |
| PXE Invesco Energy Exploration | Reduce -2.3% | 0.11% | −0.02 |
| CDNS Cadence Design SYS Inc. | Reduce -2.6% | 0.09% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -0.8% | 0.38% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Reduce -25.9% | 0.05% | −0.02 |
| XLE SS Energy Select Sector | Reduce -1.9% | 0.12% | −0.01 |
| ABT Abbott Laboratories | Reduce -5.3% | 0.74% | −0.01 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -10.3% | 0.08% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -1.1% | 0.80% | −0.01 |
| JNJ Johnson & Johnson | Reduce -6.8% | 0.46% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -4.5% | 0.04% | −0.01 |
| JEPI JPMorgan Equity Premium Inco | Reduce -13.5% | 0.06% | −0.01 |
| SBUX Starbucks Corp. | Reduce -25.5% | 0.06% | −0.01 |
| ICSH iShares Ultra Short Duration | Reduce -3.4% | 0.09% | −0.01 |
| TFLO iShares Treasury Floating Ra | Reduce -10.4% | 0.04% | −0.01 |
| SYY Sysco Corp. | Reduce -6.5% | 0.17% | −0.01 |
| FLOT iShares Floating Rate Bond E | Reduce -6.0% | 0.05% | −0.01 |
| GPC Genuine Parts Co. | Reduce -2.2% | 0.08% | −0.01 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -2.4% | 0.08% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -21.6% | 0.07% | −0.01 |
| PTNQ Pacer Trendpilot 100 ETF | Reduce -7.1% | 0.04% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| IYW iShares Ustechnology ETF | New | 0.79% | +0.79 |
| GWW WW Grainger Inc. | Add +2.4% | 0.95% | +0.10 |
| GOVT iShares US Treasury Bond ETF | Add +4.0% | 4.17% | +0.09 |
| BBUS JPMorgan Betabuilders US Equ | Add +6.5% | 1.36% | +0.08 |
| COWG Pacer US LRG Cap Cows GR LD | New | 0.08% | +0.08 |
| FIDU Fidelity MSCI Indust Indx | New | 0.07% | +0.07 |
| XLC SS Comm Select Sector SPDR | Add +7.7% | 0.96% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.06% | +0.06 |
| FDVV Fidelity High Dividend ETF | Add +49.8% | 0.17% | +0.06 |
| IBTJ iShares Ibonds Dec 2029 Term | New | 0.06% | +0.06 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +2.8% | 1.35% | +0.05 |
| SMH Vaneck Semiconductor ETF | New | 0.04% | +0.04 |
| CGMS Cap Group US Multi-Sect Bond | Add +103.5% | 0.09% | +0.04 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Add +3.5% | 1.77% | +0.04 |
| IBDV iShares Ibonds Dec 2030 Corp. | New | 0.04% | +0.04 |
| TRU Transunion | New | 0.04% | +0.04 |
| SMLF iShares US Smallcap Equity F | Add +19.0% | 0.21% | +0.04 |
| ISRG Intuitive Surgical Inc. | New | 0.04% | +0.04 |
| CL Colgate-Palmolive Co. | New | 0.04% | +0.04 |
| MUB iShares National Muni Bond E | Add +29.4% | 0.16% | +0.03 |
| FDIS Fidelity MSCI Cons Discr Ind | Add +22.4% | 0.15% | +0.03 |
| PYLD PIMCO Multisector Bond Actv | Add +43.2% | 0.10% | +0.03 |
| FBND Fidelity Total Bond ETF | Add +4.2% | 1.13% | +0.03 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +1.5% | 4.53% | +0.03 |
| SCHG Schwab US Large-Cap Growth | Add +10.5% | 0.32% | +0.02 |
| VIG Vanguard Dividend Apprec ETF | Add +0.5% | 0.62% | +0.02 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +31.7% | 0.08% | +0.02 |
| PPA Invesco Aerospace & Defense | Add +6.8% | 0.14% | +0.02 |
| IQLT iShares MSCI International Q | Add +3.2% | 0.46% | +0.02 |
| JPSE JPM Diversified RT Small Cap | Add +4.5% | 0.18% | +0.01 |
| IRM Iron Mountain Inc. | Add +3.6% | 0.06% | +0.01 |
| SUSC iShares ESG Aware Usd Corpor | Add +5.7% | 0.24% | +0.01 |
| WMT Walmart Inc. | Add +0.6% | 0.08% | +0.01 |
| RTX RTX Corp. | Add +4.3% | 0.05% | +0.01 |
| PM Philip Morris International | Add +0.0% | 0.06% | +0.01 |
| PTLC Pacer Trendpilot US Large Ca | Add +4.5% | 0.17% | +0.01 |
| ITA iShares U.S. Aerospace & Def | Add +0.7% | 0.09% | +0.01 |
| IBDU iShares Ibonds Dec 2029 Term | Add +17.3% | 0.05% | +0.01 |
| TDG Transdigm Group Inc. | Add +7.1% | 0.05% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +0.5% | 0.17% | +0.01 |
| ZTS Zoetis Inc. | Add +5.6% | 0.05% | +0.01 |
| BSX Boston Scientific Corp. | Add +0.8% | 0.15% | +0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Add +10.0% | 0.16% | +0.00 |
| ESGV Vanguard ESG US Stock ETF | Add +4.4% | 0.12% | +0.00 |
| DHR Danaher Corp. | Add +0.1% | 0.09% | +0.00 |
| XLK SS Technology Select Sector | Add +8.3% | 0.20% | +0.00 |
| VCIT Vanguard Int-Term Corporate | Add +5.3% | 0.11% | +0.00 |
| NUDM Nuveen ESG Intl Devel MRK Eq | Add +4.6% | 0.07% | +0.00 |
| MO Altria Group Inc. | Add +0.0% | 0.07% | +0.00 |
| MDLZ Mondelez International Inc. Class A | Add +0.0% | 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 |