Schmidt P J Investment Management Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 28, 2026), Schmidt P J Investment Management Inc. reported 194 stock positions worth $614.8 million. Its top holding was Apple (AAPL) at 6.7% of the portfolio, followed by Microsoft (MSFT, 6.7%) and Broadcom (AVGO, 5.4%). Compared with Q3 2025, it opened 5 new positions, sold out of 10, added to 65 and reduced 94. The biggest buy was a new position in Cap Group Intl Core Eq (CGIC) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- CEDARBURG, WI
- CIK
- 0001008895
- Portfolio Value
- $614.8M (Q4 2025)
- SEC Filing
- 0001008895-26-000001 ↗ filed Jan 28, 2026
Holdings Value
Holdings 194 stocks · $614.8M
| AAPL Apple Inc. | 6.73% | 152,206 | $41.4M | Reduce -1.7% |
| MSFT Microsoft Corp. | 6.71% | 85,342 | $41.3M | Reduce -1.2% |
| AVGO Broadcom Inc. | 5.37% | 95,417 | $33.0M | Reduce -7.1% |
| GOOG Alphabet Inc. Class C | 5.10% | 99,832 | $31.3M | Reduce -3.1% |
| IGIB iShares 5-10Y Inv Grade Corp. | 4.51% | 514,172 | $27.7M | Reduce -0.5% |
| SNDR Schneider National Inc. Class B | 3.69% | 854,954 | $22.7M | No change |
| LLY Eli Lilly & Co. | 3.46% | 19,774 | $21.3M | Reduce -3.0% |
| GOVT iShares US Treasury Bond ETF | 3.06% | 818,330 | $18.8M | Reduce -0.4% |
| AMZN Amazon.com Inc. | 2.88% | 76,742 | $17.7M | Add +1.1% |
| NVDA Nvidia Corp. | 2.20% | 72,575 | $13.5M | Reduce -3.1% |
| V Visa Inc. Class A | 1.86% | 32,563 | $11.4M | Add +0.4% |
| BLK BlackRock Inc. | 1.73% | 9,962 | $10.7M | Add +0.5% |
| NEE Nextera Energy Inc. | 1.57% | 120,301 | $9.7M | Reduce -0.8% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 1.55% | 37,856 | $9.5M | Reduce -7.3% |
| XLC SS Comm Select Sector SPDR | 1.53% | 79,982 | $9.4M | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 1.52% | 28,914 | $9.3M | Add +2.0% |
| BBUS JPMorgan Betabuilders US Equ | 1.48% | 73,998 | $9.1M | Reduce -1.7% |
| ADI Analog Devices Inc. | 1.47% | 33,394 | $9.1M | Reduce -0.7% |
| PG The Procter & Gamble Co. | 1.41% | 60,571 | $8.7M | Reduce -1.3% |
| FBND Fidelity Total Bond ETF | 1.36% | 181,883 | $8.4M | Add +2.3% |
| MCD McDonald's Corp. | 1.33% | 26,716 | $8.2M | Reduce -1.8% |
| SYK Stryker Corp. | 1.31% | 22,854 | $8.0M | Add +1.9% |
| ABBV Abbvie Inc. | 1.27% | 34,090 | $7.8M | Reduce -1.0% |
| PEP Pepsico Inc. | 1.21% | 51,879 | $7.4M | Add +4.3% |
| COST Costco Wholesale Corp. | 1.14% | 8,143 | $7.0M | Add +2.3% |
| NANR Sta STR SP S&P Nor An Res-Ui | 1.14% | 103,389 | $7.0M | Reduce -2.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.11% | 13,588 | $6.8M | Add +1.6% |
| IYW iShares Ustechnology ETF | 1.10% | 33,758 | $6.7M | Reduce -3.3% |
| UNP Union Pacific Corp. | 1.08% | 28,638 | $6.6M | Reduce -0.9% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 1.05% | 236,506 | $6.4M | Reduce -4.3% |
| UNH Unitedhealth Group Inc. | 0.97% | 18,031 | $6.0M | Reduce -7.3% |
| GWW WW Grainger Inc. | 0.96% | 5,856 | $5.9M | Add +3.4% |
| HD Home Depot Inc. | 0.90% | 16,067 | $5.5M | Reduce -3.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.90% | 8,994 | $5.5M | No change |
| IVV iShares Core S&P 500 ETF | 0.84% | 7,573 | $5.2M | Reduce -3.9% |
| CMBS iShares CMBS ETF | 0.77% | 96,211 | $4.7M | Add +0.9% |
| MA Mastercard Inc. Class A | 0.75% | 8,042 | $4.6M | Reduce -2.1% |
| HON Honeywell International Inc. | 0.72% | 22,683 | $4.4M | Reduce -0.8% |
| ICE Intercontinental Exchange Inc. | 0.71% | 27,096 | $4.4M | Add +0.3% |
| ABT Abbott Laboratories | 0.68% | 33,416 | $4.2M | Reduce -0.2% |
| ITW Illinois Tool Works | 0.62% | 15,364 | $3.8M | Reduce -5.5% |
| SCHG Schwab US Large-Cap Growth | 0.61% | 114,888 | $3.7M | Add +2.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.54% | 65,966 | $3.3M | Reduce -3.3% |
| PPA Invesco Aerospace & Defense | 0.54% | 21,126 | $3.3M | Add +10.5% |
| FDIS Fidelity MSCI Cons Discr Ind | 0.52% | 31,475 | $3.2M | Add +6.5% |
| ILTB iShares Core 10+ Year Usd Bo | 0.48% | 59,303 | $2.9M | Add +9.7% |
| IQLT iShares MSCI International Q | 0.43% | 58,413 | $2.7M | Add +0.2% |
| JNJ Johnson & Johnson | 0.43% | 12,803 | $2.6M | Reduce -1.3% |
| ROP Roper Technologies Inc. | 0.38% | 5,309 | $2.4M | Reduce -17.4% |
| GOOGL Alphabet Inc. Class A | 0.36% | 7,128 | $2.2M | Reduce -2.2% |
| TSLA Tesla Inc. | 0.36% | 4,923 | $2.2M | Reduce -4.0% |
| SMLF iShares US Smallcap Equity F | 0.36% | 29,457 | $2.2M | Add +10.3% |
| AMT American Tower Corp. | 0.35% | 12,107 | $2.1M | Reduce -7.3% |
| FENI Fidelity Enhanced Intl ETF | 0.34% | 57,219 | $2.1M | Add +21.5% |
| IJH iShares Core S&P Midcap ETF | 0.34% | 31,710 | $2.1M | Reduce -3.9% |
| VIG Vanguard Dividend Apprec ETF | 0.33% | 9,355 | $2.1M | Reduce -11.8% |
| ADP Automatic Data Processing | 0.33% | 7,839 | $2.0M | Reduce -3.5% |
| FDVV Fidelity High Dividend ETF | 0.32% | 35,064 | $2.0M | Reduce -2.1% |
| MRK Merck & Co. Inc. | 0.30% | 17,792 | $1.9M | Reduce -13.4% |
| XOM Exxon Mobil Corp. | 0.30% | 15,452 | $1.9M | Reduce -3.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.26% | 29,772 | $1.6M | Reduce -10.1% |
| BSX Boston Scientific Corp. | 0.25% | 16,092 | $1.5M | Add +5.0% |
| GLD SPDR Gold Shares | 0.25% | 3,834 | $1.5M | Reduce -0.1% |
| PHYL Pgim Active High Yield Bond | 0.23% | 40,594 | $1.4M | Add +4.4% |
| SUSC iShares ESG Aware Usd Corpor | 0.23% | 60,935 | $1.4M | Add +16.3% |
| PANW Palo Alto Networks Inc. | 0.22% | 7,347 | $1.4M | Reduce -1.9% |
| LMT Lockheed Martin Corp. | 0.21% | 2,717 | $1.3M | Reduce -4.7% |
| PNC PNC Financial Services Group | 0.21% | 6,247 | $1.3M | Reduce -3.8% |
| XLK SS Technology Select Sector | 0.21% | 8,962 | $1.3M | Reduce -5.1% |
| CRM Salesforce Inc. | 0.21% | 4,855 | $1.3M | Reduce -6.5% |
| FBCG Fidelity Blue Chip Grow ETF | 0.20% | 22,739 | $1.2M | Reduce -22.6% |
| BND Vanguard Total Bond Market | 0.20% | 16,245 | $1.2M | Add +1.2% |
| CVX Chevron Corp. | 0.19% | 7,673 | $1.2M | No change |
| JPSE JPM Diversified RT Small Cap filed as J P MORGAN EXCHANGE TRADED F | 0.18% | 22,678 | $1.1M | Reduce -1.6% |
| PTLC Pacer Trendpilot US Large Ca | 0.18% | 19,395 | $1.1M | Add +5.5% |
| BX Blackstone Inc. | 0.17% | 6,864 | $1.1M | Add +2.0% |
| FVAL Fidelity Value Factor ETF | 0.17% | 14,624 | $1.1M | Add +3.2% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 0.17% | 20,255 | $1.0M | Reduce -14.8% |
| CGMS Cap Group US Multi-Sect Bond | 0.17% | 36,955 | $1.0M | Add +7.3% |
| IUSG iShares Core S&P U.S. Growth | 0.16% | 6,017 | $1.0M | No change |
| YUM Yum! Brands Inc. | 0.16% | 6,326 | $957K | No change |
| CGIC Cap Group Intl Core Eq filed as CAPITAL GROUP INTERNATIONAL | 0.15% | 28,841 | $937K | New |
| VRTX Vertex Pharmaceuticals Inc. | 0.15% | 2,053 | $931K | Reduce -0.7% |
| WEC WEC Energy Group Inc. | 0.15% | 8,748 | $923K | Reduce -10.3% |
| AMGN Amgen Inc. | 0.14% | 2,653 | $868K | No change |
| ISRG Intuitive Surgical Inc. | 0.14% | 1,478 | $837K | Reduce -1.7% |
| IAU iShares Gold Trust | 0.12% | 9,362 | $760K | Add +1.1% |
| DUK Duke Energy Corp. | 0.12% | 6,437 | $754K | Reduce -0.5% |
| SYY Sysco Corp. | 0.12% | 10,100 | $744K | Reduce -1.9% |
| COWG Pacer US LRG Cap Cows GR LD | 0.12% | 20,496 | $722K | Add +3.5% |
| ALL Allstate Corp. | 0.12% | 3,447 | $718K | No change |
| IGM iShares Expanded Tech Sector | 0.12% | 5,546 | $716K | Reduce -15.3% |
| SPGI S&P Global Inc. | 0.12% | 1,367 | $714K | Reduce -25.4% |
| XLF SS Financial Select Sector | 0.12% | 12,997 | $712K | Add +39.8% |
| SCHD Schwab US DVD Equity ETF | 0.12% | 25,839 | $709K | Reduce -3.2% |
| RGLD Royal Gold Inc. | 0.11% | 3,163 | $703K | Add +39.2% |
| GCOW Pacer Global Cash Cows Divid | 0.11% | 16,961 | $699K | Add +92.1% |
| WMT Walmart Inc. | 0.11% | 6,271 | $699K | No change |
| ITA iShares U.S. Aerospace & Def | 0.11% | 3,247 | $697K | Reduce -3.5% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.11% | 14,647 | $682K | Add +6.8% |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -1.2% | 6.71% | −0.68 |
| AVGO Broadcom Inc. | Reduce -7.1% | 5.37% | −0.23 |
| HD Home Depot Inc. | Reduce -3.1% | 0.90% | −0.21 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.18 |
| PG The Procter & Gamble Co. | Reduce -1.3% | 1.41% | −0.15 |
| ROP Roper Technologies Inc. | Reduce -17.4% | 0.38% | −0.15 |
| UNH Unitedhealth Group Inc. | Reduce -7.3% | 0.97% | −0.14 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -0.5% | 4.51% | −0.11 |
| NVDA Nvidia Corp. | Reduce -3.1% | 2.20% | −0.11 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Reduce -7.3% | 1.55% | −0.10 |
| ITW Illinois Tool Works | Reduce -5.5% | 0.62% | −0.09 |
| HON Honeywell International Inc. | Reduce -0.8% | 0.72% | −0.08 |
| GOVT iShares US Treasury Bond ETF | Reduce -0.4% | 3.06% | −0.07 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.07 |
| AMT American Tower Corp. | Reduce -7.3% | 0.35% | −0.07 |
| ADP Automatic Data Processing | Reduce -3.5% | 0.33% | −0.07 |
| ABT Abbott Laboratories | Reduce -0.2% | 0.68% | −0.06 |
| FBCG Fidelity Blue Chip Grow ETF | Reduce -22.6% | 0.20% | −0.06 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.06 |
| UNP Union Pacific Corp. | Reduce -0.9% | 1.08% | −0.05 |
| XLC SS Comm Select Sector SPDR | Reduce -1.1% | 1.53% | −0.05 |
| ABBV Abbvie Inc. | Reduce -1.0% | 1.27% | −0.05 |
| VIG Vanguard Dividend Apprec ETF | Reduce -11.8% | 0.33% | −0.04 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.04 |
| IRM Iron Mountain Inc. | Sold out | 0.00% | −0.04 |
| IBTH iShares Ibonds Dec 2027 Term | Sold out | 0.00% | −0.04 |
| T AT&T Inc. | Sold out | 0.00% | −0.04 |
| MCD McDonald's Corp. | Reduce -1.8% | 1.33% | −0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Sold out | 0.00% | −0.04 |
| QDF NT Qual Div ETF | Sold out | 0.00% | −0.04 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.04 |
| PAYX Paychex Inc. | Reduce -44.4% | 0.03% | −0.04 |
| WEC WEC Energy Group Inc. | Reduce -10.3% | 0.15% | −0.03 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -10.1% | 0.26% | −0.03 |
| IYW iShares Ustechnology ETF | Reduce -3.3% | 1.10% | −0.03 |
| JMTG Mortgage-Backed Securities | Reduce -14.8% | 0.17% | −0.03 |
| PANW Palo Alto Networks Inc. | Reduce -1.9% | 0.22% | −0.03 |
| SPGI S&P Global Inc. | Reduce -25.4% | 0.12% | −0.03 |
| GIS General Mills Inc. | Reduce -28.6% | 0.05% | −0.03 |
| CCI Crown Castle Inc. | Reduce -21.6% | 0.07% | −0.03 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -4.3% | 1.05% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -3.9% | 0.84% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -2.1% | 0.75% | −0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -3.3% | 0.54% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -4.7% | 0.21% | −0.02 |
| NKE Nike Inc. Class B | Reduce -28.4% | 0.04% | −0.02 |
| IGM iShares Expanded Tech Sector | Reduce -15.3% | 0.12% | −0.02 |
| SYY Sysco Corp. | Reduce -1.9% | 0.12% | −0.02 |
| BBUS JPMorgan Betabuilders US Equ | Reduce -1.7% | 1.48% | −0.02 |
| TSLA Tesla Inc. | Reduce -4.0% | 0.36% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| CGIC Cap Group Intl Core Eq | New | 0.15% | +0.15 |
| AMZN Amazon.com Inc. | Add +1.1% | 2.88% | +0.13 |
| GWW WW Grainger Inc. | Add +3.4% | 0.96% | +0.07 |
| FENI Fidelity Enhanced Intl ETF | Add +21.5% | 0.34% | +0.07 |
| PEP Pepsico Inc. | Add +4.3% | 1.21% | +0.06 |
| GCOW Pacer Global Cash Cows Divid | Add +92.1% | 0.11% | +0.06 |
| FCOM Fidelity MSCI Comm Serv Indx | New | 0.05% | +0.05 |
| PPA Invesco Aerospace & Defense | Add +10.5% | 0.54% | +0.05 |
| HYXF iShares ESG Adv High Yield | New | 0.05% | +0.05 |
| RGLD Royal Gold Inc. | Add +39.2% | 0.11% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +2.0% | 1.52% | +0.04 |
| XLF SS Financial Select Sector | Add +39.8% | 0.12% | +0.03 |
| BMY Bristol-Myers Squibb Co. | New | 0.03% | +0.03 |
| FELG Fidelity Enh LRG Cap GWTH | New | 0.03% | +0.03 |
| SMLF iShares US Smallcap Equity F | Add +10.3% | 0.36% | +0.03 |
| ILTB iShares Core 10+ Year Usd Bo | Add +9.7% | 0.48% | +0.03 |
| SUSC iShares ESG Aware Usd Corpor | Add +16.3% | 0.23% | +0.03 |
| V Visa Inc. Class A | Add +0.4% | 1.86% | +0.03 |
| RLY SS Multi-Asset Real Ret ETF | Add +45.0% | 0.07% | +0.02 |
| EUSB Ishr ESG Advn Universal BD-$ | Add +60.2% | 0.06% | +0.02 |
| FDIS Fidelity MSCI Cons Discr Ind | Add +6.5% | 0.52% | +0.02 |
| SCHG Schwab US Large-Cap Growth | Add +2.8% | 0.61% | +0.02 |
| CGIE Cap Group Intl Equity | Add +41.9% | 0.07% | +0.02 |
| IAU iShares Gold Trust | Add +1.1% | 0.12% | +0.01 |
| FVAL Fidelity Value Factor ETF | Add +3.2% | 0.17% | +0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +21.8% | 0.06% | +0.01 |
| PTLC Pacer Trendpilot US Large Ca | Add +5.5% | 0.18% | +0.01 |
| EFIV SS SPDR S&P 500 ESG ETF | Add +22.0% | 0.05% | +0.01 |
| RTX RTX Corp. | Add +5.8% | 0.07% | +0.01 |
| CGXU Cap Group Intl Focus | Add +21.0% | 0.06% | +0.01 |
| KO The Coca-Cola Co. | Add +18.8% | 0.04% | +0.01 |
| CGMS Cap Group US Multi-Sect Bond | Add +7.3% | 0.17% | +0.01 |
| FHLC Fidelity MSCI Health Care | Add +1.0% | 0.08% | +0.01 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +18.2% | 0.05% | +0.01 |
| IBM Intl Business Machines Corp. | Add +3.0% | 0.11% | +0.01 |
| MUB iShares National Muni Bond E | Add +14.3% | 0.06% | +0.01 |
| VRT Vertiv Holdings Co. Class A | Add +3.0% | 0.08% | +0.01 |
| IQLT iShares MSCI International Q | Add +0.2% | 0.43% | +0.01 |
| PRN Invesco Dorsey Wright Indus | Add +6.9% | 0.10% | +0.01 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +6.8% | 0.11% | +0.01 |
| PHYL Pgim Active High Yield Bond | Add +4.4% | 0.23% | +0.00 |
| USMV iShares MSCI USA Min Vol Fac | Add +8.0% | 0.09% | +0.00 |
| TDG Transdigm Group Inc. | Add +5.8% | 0.09% | +0.00 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +10.2% | 0.05% | +0.00 |
| PLTR Palantir Technologies Inc. Class A | Add +15.2% | 0.04% | +0.00 |
| SMH Vaneck Semiconductor ETF | Add +0.6% | 0.04% | +0.00 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +7.9% | 0.06% | +0.00 |
| IBDU iShares Ibonds Dec 2029 Term | Add +7.9% | 0.06% | +0.00 |
| FBND Fidelity Total Bond ETF | Add +2.3% | 1.36% | +0.00 |
| VEA Vanguard Ftse Developed ETF | Add +2.0% | 0.05% | +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 |