Schmidt P J Investment Management Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 21, 2025), Schmidt P J Investment Management Inc. reported 184 stock positions worth $546.0 million. Its top holding was Apple (AAPL) at 6.2% of the portfolio, followed by Microsoft (MSFT, 5.9%) and iShares 5-10Y Inv Grade (IGIB, 4.7%). Compared with Q4 2024, it opened 6 new positions, sold out of 6, added to 50 and reduced 93. The biggest buy was iShares 5-10Y Inv Grade (IGIB, shares +0%) and the biggest sale Broadcom (AVGO, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- CEDARBURG, WI
- CIK
- 0001008895
- Portfolio Value
- $546.0M (Q1 2025)
- SEC Filing
- 0001008895-25-000005 ↗ filed May 21, 2025
Holdings Value
Holdings 184 stocks · $546.0M
| AAPL Apple Inc. | 6.24% | 153,402 | $34.1M | Reduce -1.1% |
| MSFT Microsoft Corp. | 5.91% | 86,036 | $32.3M | Add +0.7% |
| IGIB iShares 5-10Y Inv Grade Corp. | 4.75% | 493,742 | $25.9M | Add +0.1% |
| GOVT iShares US Treasury Bond ETF | 4.45% | 1,057,469 | $24.3M | Add +0.2% |
| SNDR Schneider National Inc. Class B | 3.66% | 875,783 | $20.0M | No change |
| AVGO Broadcom Inc. | 3.40% | 111,012 | $18.6M | Reduce -0.9% |
| GOOG Alphabet Inc. Class C | 3.09% | 107,833 | $16.8M | Add +6.5% |
| LLY Eli Lilly & Co. | 2.92% | 19,282 | $15.9M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 2.63% | 75,563 | $14.4M | Add +0.5% |
| UNH Unitedhealth Group Inc. | 2.34% | 24,387 | $12.8M | Reduce -1.8% |
| V Visa Inc. Class A | 2.21% | 34,379 | $12.0M | Reduce -2.3% |
| PG The Procter & Gamble Co. | 2.02% | 64,875 | $11.1M | Reduce -0.2% |
| BLK BlackRock Inc. | 1.79% | 10,298 | $9.7M | Reduce -0.5% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 1.70% | 46,021 | $9.3M | Reduce -5.2% |
| MCD McDonald's Corp. | 1.65% | 28,895 | $9.0M | Reduce -4.8% |
| NEE Nextera Energy Inc. | 1.63% | 125,289 | $8.9M | Add +0.3% |
| PEP Pepsico Inc. | 1.53% | 55,865 | $8.4M | Reduce -0.3% |
| JPM JPMorgan Chase & Co. | 1.50% | 33,277 | $8.2M | Reduce -1.0% |
| SYK Stryker Corp. | 1.46% | 21,403 | $8.0M | Reduce -1.5% |
| BBUS JPMorgan Betabuilders US Equ | 1.45% | 78,581 | $7.9M | Reduce -0.3% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 1.42% | 328,186 | $7.7M | Reduce -3.1% |
| UNP Union Pacific Corp. | 1.35% | 31,248 | $7.4M | Reduce -3.5% |
| XLC SS Comm Select Sector SPDR | 1.34% | 75,815 | $7.3M | Add +3.7% |
| COST Costco Wholesale Corp. | 1.33% | 7,650 | $7.2M | Add +4.8% |
| ABBV Abbvie Inc. | 1.32% | 34,352 | $7.2M | Reduce -1.3% |
| FBND Fidelity Total Bond ETF | 1.29% | 154,554 | $7.1M | Add +5.3% |
| ADI Analog Devices Inc. | 1.28% | 34,563 | $7.0M | Reduce -0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.24% | 12,754 | $6.8M | Reduce -6.2% |
| NANR Sta STR SP S&P Nor An Res-Ui | 1.24% | 122,055 | $6.8M | Reduce -2.5% |
| HD Home Depot Inc. | 1.24% | 18,434 | $6.8M | Reduce -0.5% |
| HON Honeywell International Inc. | 1.14% | 29,449 | $6.2M | Reduce -3.1% |
| NVDA Nvidia Corp. | 1.07% | 53,748 | $5.8M | Add +0.3% |
| BAB Invesco Taxable Municipal Bo | 1.04% | 212,869 | $5.7M | Reduce -8.5% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.96% | 5,301 | $5.2M | Add +0.9% |
| ICE Intercontinental Exchange Inc. | 0.87% | 27,470 | $4.7M | Reduce -4.0% |
| IYW iShares Ustechnology ETF | 0.86% | 33,438 | $4.7M | Add +2.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.86% | 94,178 | $4.7M | Add +0.1% |
| MA Mastercard Inc. Class A | 0.83% | 8,291 | $4.5M | Reduce -0.1% |
| ITW Illinois Tool Works | 0.82% | 18,021 | $4.5M | Reduce -3.2% |
| ABT Abbott Laboratories | 0.81% | 33,544 | $4.4M | Reduce -5.4% |
| TMO Thermo Fisher Scientific Inc. | 0.78% | 8,542 | $4.3M | Reduce -8.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.77% | 8,994 | $4.2M | No change |
| IVV iShares Core S&P 500 ETF | 0.77% | 7,448 | $4.2M | Reduce -7.4% |
| ROP Roper Technologies Inc. | 0.74% | 6,860 | $4.0M | Reduce -4.4% |
| VIG Vanguard Dividend Apprec ETF | 0.63% | 17,714 | $3.4M | Reduce -2.2% |
| COWZ Pacer US Cash Cows 100 ETF | 0.58% | 57,753 | $3.2M | Reduce -11.9% |
| AMT American Tower Corp. | 0.54% | 13,589 | $3.0M | Reduce -8.0% |
| ADP Automatic Data Processing | 0.52% | 9,270 | $2.8M | Reduce -0.5% |
| JNJ Johnson & Johnson | 0.48% | 15,895 | $2.6M | Reduce -1.5% |
| IQLT iShares MSCI International Q | 0.47% | 64,765 | $2.6M | Reduce -3.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.44% | 46,170 | $2.4M | Reduce -21.2% |
| MRK Merck & Co. Inc. | 0.44% | 26,735 | $2.4M | No change |
| TSLA Tesla Inc. | 0.39% | 8,276 | $2.1M | Reduce -2.3% |
| XOM Exxon Mobil Corp. | 0.39% | 17,877 | $2.1M | Reduce -1.6% |
| SCHG Schwab US Large-Cap Growth | 0.36% | 79,080 | $2.0M | Add +11.8% |
| CRM Salesforce Inc. | 0.31% | 6,211 | $1.7M | Reduce -1.3% |
| LMT Lockheed Martin Corp. | 0.27% | 3,337 | $1.5M | Reduce -7.8% |
| SMLF iShares US Smallcap Equity F | 0.27% | 23,410 | $1.5M | Add +18.5% |
| WEC WEC Energy Group Inc. | 0.26% | 13,182 | $1.4M | Reduce -0.4% |
| PANW Palo Alto Networks Inc. | 0.26% | 8,330 | $1.4M | Add +1.1% |
| CVX Chevron Corp. | 0.21% | 6,996 | $1.2M | Reduce -6.3% |
| SUSC iShares ESG Aware Usd Corpor | 0.21% | 49,838 | $1.1M | Reduce -19.0% |
| GLD SPDR Gold Shares | 0.21% | 3,950 | $1.1M | No change |
| YUM Yum! Brands Inc. | 0.21% | 7,201 | $1.1M | Reduce -1.4% |
| FDVV Fidelity High Dividend ETF | 0.21% | 22,832 | $1.1M | Add +13.4% |
| GOOGL Alphabet Inc. Class A | 0.21% | 7,323 | $1.1M | Reduce -0.7% |
| PPA Invesco Aerospace & Defense | 0.21% | 9,667 | $1.1M | Add +13.8% |
| PNC PNC Financial Services Group | 0.20% | 6,279 | $1.1M | No change |
| BSX Boston Scientific Corp. | 0.19% | 10,521 | $1.1M | Add +5.6% |
| PTLC Pacer Trendpilot US Large Ca | 0.19% | 20,453 | $1.1M | Add +8.2% |
| SPGI S&P Global Inc. | 0.19% | 2,044 | $1.0M | Reduce -1.3% |
| JPSE JPM Diversified RT Small Cap filed as J P MORGAN EXCHANGE TRADED F | 0.18% | 22,798 | $994K | Add +1.6% |
| XLK SS Technology Select Sector | 0.18% | 4,723 | $975K | Reduce -7.8% |
| MUB iShares National Muni Bond E | 0.18% | 9,121 | $962K | Reduce -4.8% |
| BX Blackstone Inc. | 0.17% | 6,769 | $946K | Add +1.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.17% | 1,932 | $937K | Add +2.2% |
| BND Vanguard Total Bond Market | 0.17% | 12,697 | $933K | Add +0.0% |
| SYY Sysco Corp. | 0.17% | 12,300 | $923K | No change |
| FDIS Fidelity MSCI Cons Discr Ind | 0.16% | 10,599 | $896K | Add +4.6% |
| IYK iShares US Consumer Staples | 0.16% | 11,957 | $856K | Reduce -45.1% |
| AMGN Amgen Inc. | 0.16% | 2,736 | $853K | Reduce -2.0% |
| IBTF iShares Ibonds Dec 2025 Term | 0.15% | 35,026 | $819K | Add +71.4% |
| CGMS Cap Group US Multi-Sect Bond | 0.15% | 29,298 | $800K | Add +7.0% |
| SCHD Schwab US DVD Equity ETF | 0.14% | 28,215 | $789K | Reduce -12.0% |
| DUK Duke Energy Corp. | 0.14% | 6,337 | $773K | Reduce -10.8% |
| XLV SS Health Care Select Sector | 0.14% | 5,242 | $765K | Reduce -25.3% |
| IUSG iShares Core S&P U.S. Growth | 0.14% | 6,000 | $762K | No change |
| PYLD PIMCO Multisector Bond Actv | 0.14% | 28,132 | $741K | Add +11.7% |
| CCI Crown Castle Inc. | 0.13% | 6,913 | $721K | Reduce -8.5% |
| XLE SS Energy Select Sector | 0.13% | 7,647 | $715K | Reduce -0.0% |
| ALL Allstate Corp. | 0.13% | 3,372 | $698K | No change |
| GIS General Mills Inc. | 0.12% | 11,277 | $674K | No change |
| PFF iShares Preferred & Income S | 0.12% | 21,742 | $668K | Reduce -13.7% |
| ESGV Vanguard ESG US Stock ETF | 0.12% | 6,643 | $651K | Reduce -0.8% |
| FISV Fiserv Inc. | 0.12% | 2,863 | $632K | No change |
| IGM iShares Expanded Tech Sector | 0.11% | 6,886 | $624K | Reduce -0.2% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.11% | 13,176 | $607K | Reduce -1.4% |
| EPD Enterprise Products Partners | 0.11% | 17,760 | $606K | No change |
| ITA iShares U.S. Aerospace & Def | 0.10% | 3,627 | $555K | Reduce -0.0% |
| COWG Pacer US LRG Cap Cows GR LD | 0.10% | 17,760 | $547K | Add +2.2% |
Portfolio Sells Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Reduce -0.9% | 3.40% | −1.10 |
| AAPL Apple Inc. | Reduce -1.1% | 6.24% | −0.50 |
| TSLA Tesla Inc. | Reduce -2.3% | 0.39% | −0.20 |
| PXE Invesco Energy Exploration | Sold out | 0.00% | −0.11 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Reduce -5.2% | 1.70% | −0.09 |
| IYK iShares US Consumer Staples | Reduce -45.1% | 0.16% | −0.09 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -21.2% | 0.44% | −0.08 |
| TMO Thermo Fisher Scientific Inc. | Reduce -8.8% | 0.78% | −0.07 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -11.9% | 0.58% | −0.06 |
| CRM Salesforce Inc. | Reduce -1.3% | 0.31% | −0.06 |
| NKE Nike Inc. Class B | Reduce -31.8% | 0.08% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -7.4% | 0.77% | −0.06 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.05 |
| BLK BlackRock Inc. | Reduce -0.5% | 1.79% | −0.05 |
| HON Honeywell International Inc. | Reduce -3.1% | 1.14% | −0.05 |
| FUTY Fidelity MSCI US Utilities | Reduce -50.9% | 0.06% | −0.05 |
| OKE Oneok Inc. | Sold out | 0.00% | −0.04 |
| SO The Southern Co. | Sold out | 0.00% | −0.04 |
| NSEP Innovator G100 PB ETF-Sep | Sold out | 0.00% | −0.04 |
| ISTB iShares Core 1-5 Year Usd Bo | Sold out | 0.00% | −0.04 |
| GOOGL Alphabet Inc. Class A | Reduce -0.7% | 0.21% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -7.8% | 0.27% | −0.03 |
| SUSC iShares ESG Aware Usd Corpor | Reduce -19.0% | 0.21% | −0.03 |
| VCIT Vanguard Int-Term Corporate | Reduce -35.6% | 0.07% | −0.03 |
| XLK SS Technology Select Sector | Reduce -7.8% | 0.18% | −0.03 |
| XLV SS Health Care Select Sector | Reduce -25.3% | 0.14% | −0.03 |
| CDNS Cadence Design SYS Inc. | Reduce -5.9% | 0.09% | −0.02 |
| BAB Invesco Taxable Municipal Bo | Reduce -8.5% | 1.04% | −0.02 |
| IRM Iron Mountain Inc. | Reduce -17.5% | 0.04% | −0.01 |
| PFF iShares Preferred & Income S | Reduce -13.7% | 0.12% | −0.01 |
| VGSH Vanguard Short-Term Treasury | Reduce -24.9% | 0.05% | −0.01 |
| HD Home Depot Inc. | Reduce -0.5% | 1.24% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -27.8% | 0.05% | −0.01 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -14.4% | 0.10% | −0.01 |
| SMH Vaneck Semiconductor ETF | Reduce -10.3% | 0.04% | −0.01 |
| IGM iShares Expanded Tech Sector | Reduce -0.2% | 0.11% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Reduce -12.0% | 0.14% | −0.01 |
| DIS The Walt Disney Co. | Reduce -5.1% | 0.05% | −0.01 |
| IBDT iShares Ibonds Dec 2028 ETF | Reduce -15.3% | 0.06% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -8.8% | 0.05% | −0.00 |
| VOO Vanguard S&P 500 ETF | Reduce -5.3% | 0.08% | −0.00 |
| HYMB SS SPDR N Ice HY Muni ETF | Reduce -8.0% | 0.07% | −0.00 |
| DHR Danaher Corp. | Reduce -1.8% | 0.04% | −0.00 |
| ESGV Vanguard ESG US Stock ETF | Reduce -0.8% | 0.12% | −0.00 |
| JEPI JPMorgan Equity Premium Inco | Reduce -8.8% | 0.05% | −0.00 |
| ADI Analog Devices Inc. | Reduce -0.4% | 1.28% | −0.00 |
| MUB iShares National Muni Bond E | Reduce -4.8% | 0.18% | −0.00 |
| ITW Illinois Tool Works | Reduce -3.2% | 0.82% | −0.00 |
| IBTJ iShares Ibonds Dec 2029 Term | Reduce -7.2% | 0.07% | 0.00 |
| AME Ametek Inc. | Reduce -0.6% | 0.07% | +0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| IGIB iShares 5-10Y Inv Grade Corp. | Add +0.1% | 4.75% | +0.34 |
| GOVT iShares US Treasury Bond ETF | Add +0.2% | 4.45% | +0.24 |
| COST Costco Wholesale Corp. | Add +4.8% | 1.33% | +0.17 |
| FBND Fidelity Total Bond ETF | Add +5.3% | 1.29% | +0.15 |
| XLC SS Comm Select Sector SPDR | Add +3.7% | 1.34% | +0.11 |
| NEE Nextera Energy Inc. | Add +0.3% | 1.63% | +0.07 |
| IBTF iShares Ibonds Dec 2025 Term | Add +71.4% | 0.15% | +0.07 |
| FLOT iShares Floating Rate Bond E | Add +104.5% | 0.10% | +0.05 |
| FVAL Fidelity Value Factor ETF | New | 0.05% | +0.05 |
| IBTG iShares Ibonds Dec 2026 Term | New | 0.05% | +0.05 |
| FENI Fidelity Enhanced Intl ETF | New | 0.04% | +0.04 |
| BSX Boston Scientific Corp. | Add +5.6% | 0.19% | +0.04 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.04% | +0.04 |
| RLY SS Multi-Asset Real Ret ETF | New | 0.04% | +0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Add +2.2% | 0.17% | +0.04 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +0.1% | 0.86% | +0.04 |
| PPA Invesco Aerospace & Defense | Add +13.8% | 0.21% | +0.04 |
| MIDD Middleby Corp. | New | 0.04% | +0.04 |
| SMLF iShares US Smallcap Equity F | Add +18.5% | 0.27% | +0.04 |
| FDVV Fidelity High Dividend ETF | Add +13.4% | 0.21% | +0.03 |
| MBB iShares MBS ETF | Add +38.5% | 0.10% | +0.03 |
| PYLD PIMCO Multisector Bond Actv | Add +11.7% | 0.14% | +0.02 |
| IAU iShares Gold Trust | Add +13.7% | 0.07% | +0.02 |
| SCHG Schwab US Large-Cap Growth | Add +11.8% | 0.36% | +0.02 |
| PTLC Pacer Trendpilot US Large Ca | Add +8.2% | 0.19% | +0.02 |
| CGMS Cap Group US Multi-Sect Bond | Add +7.0% | 0.15% | +0.02 |
| TDG Transdigm Group Inc. | Add +12.5% | 0.07% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +26.6% | 0.08% | +0.01 |
| META Meta Platforms Inc. Class A | Add +18.1% | 0.07% | +0.01 |
| NUDM Nuveen ESG Intl Devel MRK Eq | Add +10.4% | 0.07% | +0.01 |
| PRN Invesco Dorsey Wright Indus | Add +31.4% | 0.07% | +0.01 |
| BND Vanguard Total Bond Market | Add +0.0% | 0.17% | +0.01 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +21.3% | 0.05% | +0.01 |
| IBDU iShares Ibonds Dec 2029 Term | Add +13.1% | 0.06% | +0.01 |
| PTNQ Pacer Trendpilot 100 ETF | Add +24.2% | 0.04% | +0.01 |
| D Dominion Energy Inc. | Add +5.5% | 0.05% | +0.01 |
| SUSB iShares ESG Aware 1-5 Year U | Add +0.2% | 0.09% | +0.01 |
| WMT Walmart Inc. | Add +2.9% | 0.10% | +0.01 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +0.1% | 0.08% | +0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +0.6% | 0.05% | +0.00 |
| TFLO iShares Treasury Floating Ra | Add +5.1% | 0.04% | +0.00 |
| COWG Pacer US LRG Cap Cows GR LD | Add +2.2% | 0.10% | +0.00 |
| FBCG Fidelity Blue Chip Grow ETF | Add +19.8% | 0.04% | +0.00 |
| IBMO iShares Ibonds Dec 2026 Term | Add +0.1% | 0.04% | +0.00 |
| ISRG Intuitive Surgical Inc. | Add +5.8% | 0.04% | +0.00 |
| PANW Palo Alto Networks Inc. | Add +1.1% | 0.26% | +0.00 |
| JPSE JPM Diversified RT Small Cap | Add +1.6% | 0.18% | −0.00 |
| GWW WW Grainger Inc. | Add +0.9% | 0.96% | −0.00 |
| ADBE Adobe Inc. | Add +2.9% | 0.06% | −0.00 |
| FDIS Fidelity MSCI Cons Discr Ind | Add +4.6% | 0.16% | −0.01 |
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 |