Schnieders Capital Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 25, 2024), Schnieders Capital Management LLC reported 202 stock positions worth $480.5 million. Its top holding was Microsoft (MSFT) at 9.8% of the portfolio, followed by Apple (AAPL, 6.2%) and Invesco QQQ Trust Series 1 (QQQ, 3.6%). Compared with Q4 2023, it opened 16 new positions, sold out of 9, added to 37 and reduced 94. The biggest buy was Nvidia (NVDA, shares +18%) and the biggest sale Apple (AAPL, shares −5%).
- Most Recent 13F
- Q2 2025
- Location
- PASADENA, CA
- CIK
- 0001603937
- Portfolio Value
- $480.5M (Q1 2024)
- SEC Filing
- 0001603937-24-000002 ↗ filed Apr 25, 2024
Holdings Value
Holdings 202 stocks · $480.5M
| MSFT Microsoft Corp. | 9.75% | 111,411 | $46.9M | Reduce -0.2% |
| AAPL Apple Inc. | 6.15% | 172,344 | $29.6M | Reduce -5.0% |
| QQQ Invesco QQQ Trust Series 1 | 3.64% | 39,442 | $17.5M | Add +2.1% |
| GOOGL Alphabet Inc. Class A | 3.57% | 113,663 | $17.2M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 3.56% | 94,792 | $17.1M | Add +1.7% |
| JPM JPMorgan Chase & Co. | 3.19% | 76,550 | $15.3M | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 3.19% | 100,619 | $15.3M | Reduce -3.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.67% | 24,526 | $12.8M | Reduce -0.7% |
| JNJ Johnson & Johnson | 2.56% | 77,907 | $12.3M | Reduce -0.7% |
| XLK SS Technology Select Sector | 2.53% | 58,450 | $12.2M | Reduce -0.7% |
| COST Costco Wholesale Corp. | 2.05% | 13,431 | $9.8M | Add +0.8% |
| META Meta Platforms Inc. Class A | 1.96% | 19,441 | $9.4M | Add +3.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.94% | 48,866 | $9.3M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.72% | 217,992 | $8.3M | Add +1.1% |
| UNH Unitedhealth Group Inc. | 1.65% | 16,013 | $7.9M | Reduce -5.4% |
| CVX Chevron Corp. | 1.54% | 47,066 | $7.4M | Reduce -6.1% |
| WMT Walmart Inc. | 1.53% | 121,884 | $7.3M | Reduce -0.3% |
| ORCL Oracle Corp. | 1.51% | 57,749 | $7.3M | Add +3.5% |
| NVDA Nvidia Corp. | 1.51% | 8,018 | $7.2M | Add +17.8% |
| WM Waste Management Inc. | 1.49% | 33,479 | $7.1M | Reduce -0.6% |
| AMGN Amgen Inc. | 1.37% | 23,148 | $6.6M | Add +0.3% |
| PG The Procter & Gamble Co. | 1.30% | 38,541 | $6.3M | Reduce -0.2% |
| PEP Pepsico Inc. | 1.27% | 34,774 | $6.1M | Add +1.9% |
| ABT Abbott Laboratories | 1.25% | 52,728 | $6.0M | Reduce -0.1% |
| UNP Union Pacific Corp. | 1.25% | 24,362 | $6.0M | Reduce -1.2% |
| LLY Eli Lilly & Co. | 1.13% | 7,007 | $5.5M | Add +12.6% |
| ABBV Abbvie Inc. | 1.01% | 26,535 | $4.8M | Reduce -0.1% |
| HD Home Depot Inc. | 0.97% | 12,175 | $4.7M | Reduce -0.1% |
| V Visa Inc. Class A | 0.94% | 16,140 | $4.5M | Add +4.9% |
| MRK Merck & Co. Inc. | 0.92% | 33,475 | $4.4M | Reduce -0.6% |
| SO The Southern Co. | 0.87% | 58,099 | $4.2M | Reduce -1.9% |
| CAT Caterpillar Inc. | 0.78% | 10,259 | $3.8M | Add +2.5% |
| NEE Nextera Energy Inc. | 0.77% | 58,077 | $3.7M | Add +6.5% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.77% | 9,256 | $3.7M | No change |
| MCD McDonald's Corp. | 0.75% | 12,805 | $3.6M | Reduce -1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.74% | 8,503 | $3.6M | Add +0.1% |
| INTC Intel Corp. | 0.67% | 72,351 | $3.2M | Add +3.1% |
| DE Deere & Co. | 0.61% | 7,105 | $2.9M | Reduce -2.5% |
| IVV iShares Core S&P 500 ETF | 0.60% | 5,507 | $2.9M | No change |
| DUK Duke Energy Corp. | 0.60% | 29,936 | $2.9M | Reduce -1.0% |
| DOW Dow Inc. | 0.60% | 49,636 | $2.9M | Reduce -30.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.60% | 22,363 | $2.9M | Add +4.0% |
| XOM Exxon Mobil Corp. | 0.56% | 23,010 | $2.7M | Reduce -0.1% |
| HON Honeywell International Inc. | 0.50% | 11,628 | $2.4M | Reduce -0.4% |
| WFC Wells Fargo & Co. | 0.47% | 38,554 | $2.2M | Reduce -6.2% |
| KMB Kimberly-Clark Corp. | 0.45% | 16,607 | $2.1M | Reduce -6.5% |
| KO The Coca-Cola Co. | 0.44% | 34,570 | $2.1M | Reduce -0.9% |
| RTX RTX Corp. | 0.43% | 21,373 | $2.1M | Reduce -0.7% |
| AMD Advanced Micro Devices | 0.42% | 11,279 | $2.0M | Reduce -5.8% |
| CSCO Cisco Systems Inc. | 0.41% | 39,827 | $2.0M | Reduce -18.6% |
| MDLZ Mondelez International Inc. Class A | 0.37% | 25,554 | $1.8M | No change |
| USB US Bancorp | 0.37% | 39,323 | $1.8M | Reduce -3.3% |
| NFLX Netflix Inc. | 0.36% | 2,873 | $1.7M | Reduce -0.9% |
| QQQX Nuveen Nasdaq 100 DYN Overwr | 0.34% | 68,171 | $1.6M | Reduce -6.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.34% | 13,250 | $1.6M | Reduce -0.7% |
| QCOM Qualcomm Inc. | 0.31% | 8,851 | $1.5M | Reduce -2.4% |
| STAG Stag Industrial Inc. | 0.31% | 38,575 | $1.5M | Reduce -0.7% |
| DIAX Nuveen Dow 30 Dynamic Overwr | 0.31% | 100,085 | $1.5M | Reduce -8.1% |
| O Realty Income Corp. | 0.30% | 26,914 | $1.5M | Reduce -4.8% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.30% | 48,843 | $1.5M | Reduce -5.8% |
| EPD Enterprise Products Partners | 0.29% | 48,518 | $1.4M | No change |
| SYY Sysco Corp. | 0.29% | 17,024 | $1.4M | No change |
| IWF iShares Russell 1000 Growth | 0.28% | 3,982 | $1.3M | No change |
| EGP Eastgroup Properties Inc. | 0.28% | 7,442 | $1.3M | Reduce -3.5% |
| CL Colgate-Palmolive Co. | 0.27% | 14,599 | $1.3M | Reduce -1.7% |
| GLD SPDR Gold Shares | 0.27% | 6,329 | $1.3M | Reduce -2.7% |
| WSM Williams-Sonoma Inc. | 0.26% | 3,998 | $1.3M | No change |
| GE General Electric | 0.25% | 6,817 | $1.2M | Add +1.1% |
| ADBE Adobe Inc. | 0.24% | 2,323 | $1.2M | Reduce -10.9% |
| VZ Verizon Communications Inc. | 0.24% | 27,923 | $1.2M | Add +1.5% |
| TSLA Tesla Inc. | 0.24% | 6,630 | $1.2M | Reduce -41.0% |
| AWK American Water Works Co. Inc. | 0.24% | 9,370 | $1.1M | Add +35.8% |
| CMCSA Comcast Corp. Class A | 0.24% | 26,100 | $1.1M | Reduce -4.3% |
| CARR Carrier Global Corp. | 0.23% | 19,062 | $1.1M | No change |
| AMAT Applied Materials Inc. | 0.22% | 5,111 | $1.1M | Reduce -3.8% |
| PFE Pfizer Inc. | 0.21% | 36,033 | $1000K | Reduce -27.9% |
| QLD Proshares Ultra QQQ | 0.20% | 11,150 | $975K | Reduce -8.6% |
| D Dominion Energy Inc. | 0.20% | 19,808 | $974K | Reduce -21.3% |
| AVGO Broadcom Inc. | 0.20% | 722 | $957K | Add +18.2% |
| XLF SS Financial Select Sector | 0.19% | 22,121 | $932K | Reduce -0.7% |
| AEP American Electric Power | 0.19% | 10,758 | $926K | Add +29.1% |
| MA Mastercard Inc. Class A | 0.19% | 1,907 | $918K | Add +0.1% |
| PLD Prologis Inc. | 0.19% | 6,949 | $905K | Add +0.1% |
| AMT American Tower Corp. | 0.19% | 4,562 | $901K | Reduce -3.7% |
| EVRG Evergy Inc. | 0.18% | 16,448 | $878K | Reduce -1.6% |
| UPS United Parcel Service Class B | 0.18% | 5,853 | $870K | Reduce -12.5% |
| IYW iShares Ustechnology ETF | 0.18% | 6,230 | $841K | No change |
| PSX Phillips 66 | 0.17% | 5,058 | $826K | No change |
| GLPI Gaming and Leisure Propertie | 0.17% | 17,469 | $805K | Reduce -0.6% |
| WELL Welltower Inc. | 0.17% | 8,496 | $794K | Reduce -1.2% |
| C Citigroup Inc. | 0.16% | 12,280 | $777K | Reduce -7.2% |
| BMY Bristol-Myers Squibb Co. | 0.16% | 14,247 | $773K | Reduce -1.6% |
| ADC Agree Realty Corp. | 0.15% | 12,810 | $732K | Reduce -10.2% |
| PYPL PayPal Holdings Inc. | 0.15% | 10,901 | $730K | Add +9.7% |
| NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC | 0.15% | 11,420 | $718K | Reduce -3.1% |
| SHEL Shell PLC-ADR | 0.15% | 10,460 | $701K | No change |
| OEF iShares S&P 100 ETF | 0.14% | 2,817 | $697K | Reduce -2.1% |
| VGT Vanguard Info Tech ETF | 0.14% | 1,312 | $688K | No change |
| DLR Digital Realty Trust Inc. | 0.14% | 4,663 | $672K | Reduce -0.7% |
| SMH Vaneck Semiconductor ETF | 0.13% | 2,876 | $647K | No change |
Other holdings (4): bonds, preferreds, convertibles and warrants · $4.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,844 | $2.2M | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,477 | $1.8M | Reduce -0.5% |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | 10,700 | $290K | Reduce -7.4% |
| EQUITY COMMONWEALTH (EQC 6.5 PERP D) | 6.5% CNV PFD D | 8,805 | $220K | No change |
Total filed on the 13F, all lines: $485.1M.
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -5.0% | 6.15% | −1.62 |
| TSLA Tesla Inc. | Reduce -41.0% | 0.24% | −0.38 |
| UNH Unitedhealth Group Inc. | Reduce -5.4% | 1.65% | −0.34 |
| DOW Dow Inc. | Reduce -30.1% | 0.60% | −0.27 |
| JNJ Johnson & Johnson | Reduce -0.7% | 2.56% | −0.17 |
| CSCO Cisco Systems Inc. | Reduce -18.6% | 0.41% | −0.14 |
| CVX Chevron Corp. | Reduce -6.1% | 1.54% | −0.12 |
| PFE Pfizer Inc. | Reduce -27.9% | 0.21% | −0.11 |
| MCD McDonald's Corp. | Reduce -1.3% | 0.75% | −0.11 |
| ADBE Adobe Inc. | Reduce -10.9% | 0.24% | −0.10 |
| UNP Union Pacific Corp. | Reduce -1.2% | 1.25% | −0.10 |
| GOOG Alphabet Inc. Class C | Reduce -3.9% | 3.19% | −0.10 |
| BA The Boeing Co. | Sold out | 0.00% | −0.08 |
| ETF MANAGERS TR | Sold out | 0.00% | −0.08 |
| VICI Vici Properties Inc. | Reduce -5.8% | 0.30% | −0.07 |
| AVB Avalonbay Communities Inc. | Sold out | 0.00% | −0.06 |
| D Dominion Energy Inc. | Reduce -21.3% | 0.20% | −0.06 |
| MAA Mid-America Apartment Comm | Reduce -28.9% | 0.11% | −0.06 |
| O Realty Income Corp. | Reduce -4.8% | 0.30% | −0.06 |
| SO The Southern Co. | Reduce -1.9% | 0.87% | −0.06 |
| HUM Humana Inc. | Sold out | 0.00% | −0.06 |
| DVY iShares Select Dividend ETF | Reduce -33.5% | 0.10% | −0.06 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.05 |
| UPS United Parcel Service Class B | Reduce -12.5% | 0.18% | −0.05 |
| DUK Duke Energy Corp. | Reduce -1.0% | 0.60% | −0.05 |
| EPR Epr Properties | Sold out | 0.00% | −0.05 |
| UDR Udr Inc. | Sold out | 0.00% | −0.05 |
| HON Honeywell International Inc. | Reduce -0.4% | 0.50% | −0.05 |
| ADC Agree Realty Corp. | Reduce -10.2% | 0.15% | −0.05 |
| BX Blackstone Inc. | Reduce -42.4% | 0.06% | −0.05 |
| ABT Abbott Laboratories | Reduce -0.1% | 1.25% | −0.05 |
| SJM The JM Smucker Co. | Reduce -45.3% | 0.05% | −0.05 |
| DE Deere & Co. | Reduce -2.5% | 0.61% | −0.04 |
| AMT American Tower Corp. | Reduce -3.7% | 0.19% | −0.04 |
| KHC The Kraft Heinz Co. | Reduce -23.0% | 0.10% | −0.04 |
| EGP Eastgroup Properties Inc. | Reduce -3.5% | 0.28% | −0.04 |
| HBAN Huntington Bancshares Inc. | Sold out | 0.00% | −0.03 |
| DIAX Nuveen Dow 30 Dynamic Overwr | Reduce -8.1% | 0.31% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -6.5% | 0.45% | −0.03 |
| QQQX Nuveen Nasdaq 100 DYN Overwr | Reduce -6.5% | 0.34% | −0.03 |
| BRT BRT Apartments Corp. | Reduce -11.9% | 0.10% | −0.03 |
| VOO Vanguard S&P 500 ETF | Reduce -34.3% | 0.07% | −0.03 |
| STAG Stag Industrial Inc. | Reduce -0.7% | 0.31% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -4.3% | 0.24% | −0.03 |
| NNN NNN REIT Inc. | Reduce -16.4% | 0.09% | −0.03 |
| USB US Bancorp | Reduce -3.3% | 0.37% | −0.03 |
| GLPI Gaming and Leisure Propertie | Reduce -0.6% | 0.17% | −0.03 |
| BBN BlackRock Taxable Muni BND | Reduce -10.9% | 0.13% | −0.02 |
| CHIMERA INVT CORP | Reduce -66.3% | 0.01% | −0.02 |
| BG Bunge Global SA | Reduce -23.9% | 0.06% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +17.8% | 1.51% | +0.76 |
| META Meta Platforms Inc. Class A | Add +3.1% | 1.96% | +0.48 |
| AMZN Amazon.com Inc. | Add +1.7% | 3.56% | +0.40 |
| LLY Eli Lilly & Co. | Add +12.6% | 1.13% | +0.33 |
| ORCL Oracle Corp. | Add +3.5% | 1.51% | +0.20 |
| IBM Intl Business Machines Corp. | Add +0.1% | 1.94% | +0.16 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.1% | 3.64% | +0.12 |
| CAT Caterpillar Inc. | Add +2.5% | 0.78% | +0.12 |
| BAC Bank of America Corp. | Add +1.1% | 1.72% | +0.10 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +4.0% | 0.60% | +0.10 |
| COST Costco Wholesale Corp. | Add +0.8% | 2.05% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 0.74% | +0.07 |
| MU Micron Technology Inc. | Add +60.3% | 0.13% | +0.07 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.06% | +0.06 |
| GE General Electric | Add +1.1% | 0.25% | +0.06 |
| AVAV Aerovironment Inc. | New | 0.05% | +0.05 |
| AXON Axon Enterprise Inc. | New | 0.05% | +0.05 |
| ARM Arm Holdings PLC-ADR | New | 0.05% | +0.05 |
| ISRG Intuitive Surgical Inc. | New | 0.05% | +0.05 |
| AVGO Broadcom Inc. | Add +18.2% | 0.20% | +0.05 |
| MSI Motorola Solutions Inc. | New | 0.05% | +0.05 |
| ECL Ecolab Inc. | New | 0.05% | +0.05 |
| V Visa Inc. Class A | Add +4.9% | 0.94% | +0.05 |
| GEHC GE Healthcare Technology | New | 0.04% | +0.04 |
| VDC Vanguard Consumer Staple ETF | New | 0.04% | +0.04 |
| CHD Church & Dwight Co. Inc. | New | 0.04% | +0.04 |
| EFA iShares MSCI Eafe ETF | New | 0.04% | +0.04 |
| DHR Danaher Corp. | New | 0.04% | +0.04 |
| AEP American Electric Power | Add +29.1% | 0.19% | +0.04 |
| OMC Omnicom Group | New | 0.04% | +0.04 |
| AWK American Water Works Co. Inc. | Add +35.8% | 0.24% | +0.04 |
| NEE Nextera Energy Inc. | Add +6.5% | 0.77% | +0.04 |
| TBLA Taboola.com Ltd. | New | 0.03% | +0.03 |
| GDRX Goodrx Holdings Inc. Class A | New | 0.02% | +0.02 |
| LOW Lowe's Cos Inc. | Add +12.5% | 0.11% | +0.02 |
| CRM Salesforce Inc. | Add +16.4% | 0.09% | +0.02 |
| PYPL PayPal Holdings Inc. | Add +9.7% | 0.15% | +0.02 |
| ALTM Arcadium Lithium PLC | New | 0.01% | +0.01 |
| VZ Verizon Communications Inc. | Add +1.5% | 0.24% | +0.01 |
| UBER Uber Technologies Inc. | Add +2.2% | 0.07% | +0.01 |
| IFN Aberdeen India Fund Inc. | Add +6.1% | 0.11% | +0.01 |
| MA Mastercard Inc. Class A | Add +0.1% | 0.19% | +0.01 |
| OUT Outfront Media Inc. | Add +5.3% | 0.06% | +0.01 |
| COR Cencora Inc. | Add +0.4% | 0.06% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +0.7% | 0.12% | +0.00 |
| GS Goldman Sachs Group Inc. | Add +0.5% | 0.05% | +0.00 |
| PMAR Innovator U.S. Equity Power | Add +2.4% | 0.07% | −0.00 |
| SBUX Starbucks Corp. | Add +1.2% | 0.08% | −0.01 |
| NKE Nike Inc. Class B | Add +0.4% | 0.05% | −0.01 |
| PLD Prologis Inc. | Add +0.1% | 0.19% | −0.02 |
Notes & Other Activity Q4 2023 → Q1 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -0.5% | 1,477 | $1.8M |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | Reduce -7.4% | 10,700 | $290K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2025 | 221 | $566.8M | MSFT, AAPL, AMZN, META, QQQ |
| Q1 2025 | 200 | $465.1M | MSFT, AAPL, QQQ, AMZN, GOOGL |
| Q4 2024 | 203 | $501.2M | MSFT, AAPL, AMZN, GOOGL, QQQ |
| Q3 2024 | 212 | $521.2M | MSFT, AAPL, GOOGL, QQQ, AMZN |
| Q2 2024 | 196 | $491.6M | MSFT, AAPL, GOOGL, QQQ, GOOG |
| Q1 2024 | 202 | $480.5M | MSFT, AAPL, QQQ, GOOGL, AMZN |