Schmidt P J Investment Management Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 27, 2025), Schmidt P J Investment Management Inc. reported 199 stock positions worth $605.1 million. Its top holding was Microsoft (MSFT) at 7.4% of the portfolio, followed by Apple (AAPL, 6.5%) and Broadcom (AVGO, 5.6%). Compared with Q2 2025, it opened 12 new positions, added to 68 and reduced 89. The biggest buy was Fidelity MSCI Cons Discr Ind (FDIS, shares +108%) and the biggest sale Schneider National Class B (SNDR, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- CEDARBURG, WI
- CIK
- 0001008895
- Portfolio Value
- $605.1M (Q3 2025)
- SEC Filing
- 0001008895-25-000008 ↗ filed Oct 27, 2025
Holdings Value
Holdings 199 stocks · $605.1M
| MSFT Microsoft Corp. | 7.40% | 86,408 | $44.8M | Add +2.2% |
| AAPL Apple Inc. | 6.52% | 154,897 | $39.4M | Reduce -0.9% |
| AVGO Broadcom Inc. | 5.60% | 102,730 | $33.9M | Reduce -4.3% |
| IGIB iShares 5-10Y Inv Grade Corp. | 4.62% | 516,986 | $28.0M | Reduce -1.5% |
| GOOG Alphabet Inc. Class C | 4.15% | 103,068 | $25.1M | Reduce -4.4% |
| GOVT iShares US Treasury Bond ETF | 3.14% | 821,700 | $19.0M | Reduce -2.7% |
| SNDR Schneider National Inc. Class B | 2.99% | 854,954 | $18.1M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 2.75% | 75,899 | $16.7M | Reduce -1.8% |
| LLY Eli Lilly & Co. | 2.57% | 20,397 | $15.6M | Add +3.2% |
| NVDA Nvidia Corp. | 2.31% | 74,925 | $14.0M | Reduce -1.9% |
| BLK BlackRock Inc. | 1.91% | 9,911 | $11.6M | Reduce -3.8% |
| V Visa Inc. Class A | 1.83% | 32,445 | $11.1M | Reduce -6.8% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 1.65% | 40,824 | $10.0M | Reduce -7.5% |
| XLC SS Comm Select Sector SPDR | 1.58% | 80,876 | $9.6M | Add +0.5% |
| PG The Procter & Gamble Co. | 1.56% | 61,362 | $9.4M | Reduce -5.6% |
| NEE Nextera Energy Inc. | 1.51% | 121,335 | $9.2M | Reduce -2.1% |
| BBUS JPMorgan Betabuilders US Equ | 1.50% | 75,285 | $9.1M | Reduce -3.5% |
| JPM JPMorgan Chase & Co. | 1.48% | 28,336 | $8.9M | Reduce -14.8% |
| SYK Stryker Corp. | 1.37% | 22,431 | $8.3M | Reduce -0.0% |
| ADI Analog Devices Inc. | 1.37% | 33,640 | $8.3M | Reduce -2.1% |
| MCD McDonald's Corp. | 1.37% | 27,194 | $8.3M | Reduce -4.7% |
| FBND Fidelity Total Bond ETF | 1.36% | 177,863 | $8.2M | Add +0.1% |
| ABBV Abbvie Inc. | 1.32% | 34,422 | $8.0M | Reduce -0.9% |
| COST Costco Wholesale Corp. | 1.22% | 7,962 | $7.4M | Add +1.4% |
| PEP Pepsico Inc. | 1.15% | 49,748 | $7.0M | Reduce -7.5% |
| NANR Sta STR SP S&P Nor An Res-Ui | 1.13% | 106,237 | $6.9M | Reduce -7.4% |
| IYW iShares Ustechnology ETF | 1.13% | 34,925 | $6.8M | Reduce -2.0% |
| UNP Union Pacific Corp. | 1.13% | 28,891 | $6.8M | Reduce -2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.11% | 13,375 | $6.7M | Add +4.4% |
| HD Home Depot Inc. | 1.11% | 16,588 | $6.7M | Reduce -5.3% |
| UNH Unitedhealth Group Inc. | 1.11% | 19,452 | $6.7M | Reduce -5.8% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 1.07% | 247,240 | $6.5M | Reduce -7.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.89% | 8,994 | $5.4M | No change |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.89% | 5,662 | $5.4M | Add +1.6% |
| IVV iShares Core S&P 500 ETF | 0.87% | 7,877 | $5.3M | Add +1.9% |
| HON Honeywell International Inc. | 0.80% | 22,864 | $4.8M | Reduce -5.8% |
| CMBS iShares CMBS ETF | 0.77% | 95,357 | $4.7M | Add +4.5% |
| MA Mastercard Inc. Class A | 0.77% | 8,217 | $4.7M | Add +0.5% |
| ICE Intercontinental Exchange Inc. | 0.75% | 27,023 | $4.6M | Reduce -0.3% |
| ABT Abbott Laboratories | 0.74% | 33,471 | $4.5M | Add +0.2% |
| ITW Illinois Tool Works | 0.70% | 16,258 | $4.2M | Reduce -6.4% |
| SCHG Schwab US Large-Cap Growth | 0.59% | 111,746 | $3.6M | Add +26.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.56% | 68,211 | $3.4M | Reduce -26.3% |
| ROP Roper Technologies Inc. | 0.53% | 6,429 | $3.2M | Reduce -3.3% |
| FDIS Fidelity MSCI Cons Discr Ind | 0.50% | 29,548 | $3.0M | Add +108.0% |
| PPA Invesco Aerospace & Defense | 0.49% | 19,118 | $3.0M | Add +80.6% |
| ILTB iShares Core 10+ Year Usd Bo | 0.45% | 54,046 | $2.7M | Add +7.1% |
| IQLT iShares MSCI International Q | 0.43% | 58,291 | $2.6M | Reduce -9.6% |
| AMT American Tower Corp. | 0.41% | 13,059 | $2.5M | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.40% | 12,969 | $2.4M | Reduce -17.2% |
| ADP Automatic Data Processing | 0.39% | 8,127 | $2.4M | Reduce -10.7% |
| VIG Vanguard Dividend Apprec ETF | 0.38% | 10,610 | $2.3M | Reduce -29.1% |
| TSLA Tesla Inc. | 0.38% | 5,128 | $2.3M | Reduce -14.5% |
| IJH iShares Core S&P Midcap ETF | 0.36% | 32,981 | $2.2M | Add +1.2% |
| FDVV Fidelity High Dividend ETF | 0.33% | 35,818 | $2.0M | Add +16.0% |
| SMLF iShares US Smallcap Equity F | 0.33% | 26,718 | $2.0M | Add +5.8% |
| XOM Exxon Mobil Corp. | 0.30% | 15,928 | $1.8M | Reduce -10.6% |
| GOOGL Alphabet Inc. Class A | 0.29% | 7,288 | $1.8M | Reduce -0.5% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.29% | 33,118 | $1.8M | Reduce -25.4% |
| MRK Merck & Co. Inc. | 0.29% | 20,557 | $1.7M | Reduce -10.0% |
| FENI Fidelity Enhanced Intl ETF | 0.27% | 47,095 | $1.7M | Add +49.0% |
| FBCG Fidelity Blue Chip Grow ETF | 0.26% | 29,385 | $1.6M | Add +65.6% |
| PANW Palo Alto Networks Inc. | 0.25% | 7,487 | $1.5M | Reduce -7.6% |
| BSX Boston Scientific Corp. | 0.25% | 15,326 | $1.5M | Add +6.4% |
| LMT Lockheed Martin Corp. | 0.24% | 2,852 | $1.4M | Reduce -14.0% |
| PHYL Pgim Active High Yield Bond | 0.23% | 38,867 | $1.4M | Add +8.1% |
| GLD SPDR Gold Shares | 0.23% | 3,839 | $1.4M | Reduce -0.3% |
| XLK SS Technology Select Sector | 0.22% | 4,723 | $1.3M | No change |
| PNC PNC Financial Services Group | 0.22% | 6,496 | $1.3M | Reduce -1.1% |
| SUSC iShares ESG Aware Usd Corpor | 0.20% | 52,381 | $1.2M | Add +2.6% |
| CRM Salesforce Inc. | 0.20% | 5,191 | $1.2M | Reduce -6.1% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 0.20% | 23,778 | $1.2M | Reduce -5.9% |
| BND Vanguard Total Bond Market | 0.20% | 16,058 | $1.2M | No change |
| CVX Chevron Corp. | 0.20% | 7,673 | $1.2M | Reduce -0.0% |
| BX Blackstone Inc. | 0.19% | 6,731 | $1.1M | Add +1.2% |
| JPSE JPM Diversified RT Small Cap filed as J P MORGAN EXCHANGE TRADED F | 0.19% | 23,051 | $1.1M | Reduce -2.7% |
| WEC WEC Energy Group Inc. | 0.18% | 9,748 | $1.1M | Reduce -26.1% |
| IBTF iShares Ibonds Dec 2025 Term | 0.18% | 46,057 | $1.1M | Add +6.8% |
| PTLC Pacer Trendpilot US Large Ca | 0.17% | 18,378 | $1.0M | Reduce -1.8% |
| IUSG iShares Core S&P U.S. Growth | 0.16% | 6,017 | $990K | Add +0.3% |
| FVAL Fidelity Value Factor ETF | 0.16% | 14,173 | $976K | Add +6.3% |
| YUM Yum! Brands Inc. | 0.16% | 6,326 | $962K | Reduce -13.7% |
| CGMS Cap Group US Multi-Sect Bond | 0.16% | 34,457 | $956K | Add +17.9% |
| SPGI S&P Global Inc. | 0.15% | 1,833 | $892K | Reduce -9.7% |
| SYY Sysco Corp. | 0.14% | 10,300 | $848K | No change |
| IGM iShares Expanded Tech Sector | 0.14% | 6,552 | $825K | Reduce -2.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.13% | 2,068 | $810K | Reduce -0.7% |
| DUK Duke Energy Corp. | 0.13% | 6,467 | $800K | Add +2.0% |
| AMGN Amgen Inc. | 0.12% | 2,653 | $749K | Add +2.0% |
| ALL Allstate Corp. | 0.12% | 3,447 | $740K | No change |
| SCHD Schwab US DVD Equity ETF | 0.12% | 26,689 | $729K | Reduce -5.6% |
| COWG Pacer US LRG Cap Cows GR LD | 0.12% | 19,808 | $719K | Reduce -9.1% |
| ITA iShares U.S. Aerospace & Def | 0.12% | 3,366 | $704K | Reduce -0.5% |
| IAU iShares Gold Trust | 0.11% | 9,256 | $674K | Add +17.2% |
| ISRG Intuitive Surgical Inc. | 0.11% | 1,504 | $673K | Add +7.7% |
| FLOT iShares Floating Rate Bond E | 0.11% | 12,965 | $662K | Reduce -8.5% |
| WMT Walmart Inc. | 0.11% | 6,271 | $646K | Reduce -0.1% |
| CDNS Cadence Design SYS Inc. | 0.11% | 1,825 | $641K | Add +1.4% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.11% | 13,711 | $640K | Add +5.6% |
| QQEW First TR Nasdaq-100 Sel Eq | 0.10% | 4,493 | $634K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| SNDR Schneider National Inc. Class B | Reduce -1.6% | 2.99% | −0.64 |
| V Visa Inc. Class A | Reduce -6.8% | 1.83% | −0.31 |
| PG The Procter & Gamble Co. | Reduce -5.6% | 1.56% | −0.23 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -26.3% | 0.56% | −0.22 |
| GOVT iShares US Treasury Bond ETF | Reduce -2.7% | 3.14% | −0.21 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -1.5% | 4.62% | −0.21 |
| TMO Thermo Fisher Scientific Inc. | Reduce -71.5% | 0.10% | −0.21 |
| JPM JPMorgan Chase & Co. | Reduce -14.8% | 1.48% | −0.19 |
| HON Honeywell International Inc. | Reduce -5.8% | 0.80% | −0.18 |
| AMZN Amazon.com Inc. | Reduce -1.8% | 2.75% | −0.18 |
| SYK Stryker Corp. | Reduce -0.0% | 1.37% | −0.16 |
| VIG Vanguard Dividend Apprec ETF | Reduce -29.1% | 0.38% | −0.15 |
| ROP Roper Technologies Inc. | Reduce -3.3% | 0.53% | −0.12 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -25.4% | 0.29% | −0.11 |
| ICE Intercontinental Exchange Inc. | Reduce -0.3% | 0.75% | −0.11 |
| ADP Automatic Data Processing | Reduce -10.7% | 0.39% | −0.09 |
| AMT American Tower Corp. | Reduce -0.9% | 0.41% | −0.09 |
| MCD McDonald's Corp. | Reduce -4.7% | 1.37% | −0.08 |
| PEP Pepsico Inc. | Reduce -7.5% | 1.15% | −0.07 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Reduce -7.5% | 1.65% | −0.07 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -7.5% | 1.07% | −0.06 |
| CRM Salesforce Inc. | Reduce -6.1% | 0.20% | −0.06 |
| IQLT iShares MSCI International Q | Reduce -9.6% | 0.43% | −0.06 |
| WEC WEC Energy Group Inc. | Reduce -26.1% | 0.18% | −0.05 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -48.0% | 0.05% | −0.05 |
| ADI Analog Devices Inc. | Reduce -2.1% | 1.37% | −0.05 |
| UNP Union Pacific Corp. | Reduce -2.4% | 1.13% | −0.05 |
| ITW Illinois Tool Works | Reduce -6.4% | 0.70% | −0.04 |
| SPGI S&P Global Inc. | Reduce -9.7% | 0.15% | −0.04 |
| MUB iShares National Muni Bond E | Reduce -40.3% | 0.05% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -10.6% | 0.30% | −0.04 |
| PANW Palo Alto Networks Inc. | Reduce -7.6% | 0.25% | −0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -47.5% | 0.04% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -14.0% | 0.24% | −0.03 |
| FISV Fiserv Inc. | Reduce -8.7% | 0.06% | −0.03 |
| YUM Yum! Brands Inc. | Reduce -13.7% | 0.16% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -10.0% | 0.29% | −0.03 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -0.7% | 0.13% | −0.03 |
| GIS General Mills Inc. | Reduce -13.6% | 0.08% | −0.02 |
| ICSH iShares Ultra Short Duration | Reduce -13.7% | 0.09% | −0.02 |
| JMTG Mortgage-Backed Securities | Reduce -5.9% | 0.20% | −0.02 |
| JNJ Johnson & Johnson | Reduce -17.2% | 0.40% | −0.02 |
| FLOT iShares Floating Rate Bond E | Reduce -8.5% | 0.11% | −0.02 |
| ADBE Adobe Inc. | Reduce -16.8% | 0.04% | −0.02 |
| PAYX Paychex Inc. | Reduce -0.3% | 0.07% | −0.01 |
| COWG Pacer US LRG Cap Cows GR LD | Reduce -9.1% | 0.12% | −0.01 |
| FUTY Fidelity MSCI US Utilities | Reduce -25.9% | 0.04% | −0.01 |
| CCI Crown Castle Inc. | Reduce -0.8% | 0.10% | −0.01 |
| IYK iShares US Consumer Staples | Reduce -8.7% | 0.07% | −0.01 |
| XLV SS Health Care Select Sector | Reduce -9.3% | 0.08% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| FDIS Fidelity MSCI Cons Discr Ind | Add +108.0% | 0.50% | +0.27 |
| PPA Invesco Aerospace & Defense | Add +80.6% | 0.49% | +0.23 |
| SCHG Schwab US Large-Cap Growth | Add +26.8% | 0.59% | +0.14 |
| MSFT Microsoft Corp. | Add +2.2% | 7.40% | +0.12 |
| FBCG Fidelity Blue Chip Grow ETF | Add +65.6% | 0.26% | +0.11 |
| FENI Fidelity Enhanced Intl ETF | Add +49.0% | 0.27% | +0.09 |
| MELI MercadoLibre Inc. | New | 0.08% | +0.08 |
| VRT Vertiv Holdings Co. Class A | New | 0.07% | +0.07 |
| XLC SS Comm Select Sector SPDR | Add +0.5% | 1.58% | +0.07 |
| LIN Linde PLC | New | 0.07% | +0.07 |
| FDVV Fidelity High Dividend ETF | Add +16.0% | 0.33% | +0.05 |
| CGXU Cap Group Intl Focus | New | 0.05% | +0.05 |
| JPIB JPMorgan Intl BND ETF | New | 0.05% | +0.05 |
| IVV iShares Core S&P 500 ETF | Add +1.9% | 0.87% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.04% | +0.04 |
| BMO Bank of Montreal | New | 0.04% | +0.04 |
| T AT&T Inc. | New | 0.04% | +0.04 |
| QDF NT Qual Div ETF | New | 0.04% | +0.04 |
| GPC Genuine Parts Co. | New | 0.04% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.4% | 1.11% | +0.04 |
| SMH Vaneck Semiconductor ETF | New | 0.03% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | New | 0.03% | +0.03 |
| SMLF iShares US Smallcap Equity F | Add +5.8% | 0.33% | +0.03 |
| IAU iShares Gold Trust | Add +17.2% | 0.11% | +0.03 |
| GD General Dynamics Corp. | Add +16.0% | 0.10% | +0.02 |
| FSLR First Solar Inc. | Add +22.1% | 0.06% | +0.02 |
| ILTB iShares Core 10+ Year Usd Bo | Add +7.1% | 0.45% | +0.02 |
| CGMS Cap Group US Multi-Sect Bond | Add +17.9% | 0.16% | +0.02 |
| BX Blackstone Inc. | Add +1.2% | 0.19% | +0.02 |
| FVAL Fidelity Value Factor ETF | Add +6.3% | 0.16% | +0.01 |
| IWV iShares Russell 3000 ETF | Add +14.5% | 0.08% | +0.01 |
| EMR Emerson Electric Co. | Add +21.6% | 0.10% | +0.01 |
| CDNS Cadence Design SYS Inc. | Add +1.4% | 0.11% | +0.01 |
| PRN Invesco Dorsey Wright Indus | Add +6.4% | 0.09% | +0.01 |
| PHYL Pgim Active High Yield Bond | Add +8.1% | 0.23% | +0.01 |
| CGIE Cap Group Intl Equity | Add +24.2% | 0.05% | +0.01 |
| IUSG iShares Core S&P U.S. Growth | Add +0.3% | 0.16% | +0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +12.7% | 0.05% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +1.2% | 0.36% | +0.01 |
| D Dominion Energy Inc. | Add +7.8% | 0.06% | +0.01 |
| ESGV Vanguard ESG US Stock ETF | Add +2.6% | 0.09% | +0.01 |
| CMBS iShares CMBS ETF | Add +4.5% | 0.77% | +0.01 |
| TDG Transdigm Group Inc. | Add +27.9% | 0.08% | +0.00 |
| RLY SS Multi-Asset Real Ret ETF | Add +7.8% | 0.05% | +0.00 |
| PFE Pfizer Inc. | Add +11.7% | 0.04% | +0.00 |
| GCOW Pacer Global Cash Cows Divid | Add +8.0% | 0.06% | +0.00 |
| VZ Verizon Communications Inc. | Add +7.5% | 0.10% | +0.00 |
| IBTF iShares Ibonds Dec 2025 Term | Add +6.8% | 0.18% | +0.00 |
| FELC Fidelity Enh LRG Cap Cor ETF | Add +5.2% | 0.04% | +0.00 |
| DUK Duke Energy Corp. | Add +2.0% | 0.13% | +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 |