Schwarz Dygos Wheeler Investment Advisors LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Schwarz Dygos Wheeler Investment Advisors LLC reported 156 stock positions worth $420.3 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 15.4% of the portfolio, followed by Apple (AAPL, 7.4%) and Dimensional US Core Equity M (DFAU, 5.2%). Compared with Q4 2024, it opened 4 new positions, sold out of 5, added to 68 and reduced 43. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +1%) and the biggest sale Apple (AAPL, shares −4%).

Most Recent 13F
Q2 2026
Location
MINNEAPOLIS, MN
CIK
0001794153
Portfolio Value
$420.3M (Q1 2025)
SEC Filing
0001085146-25-002535 ↗ filed May 2, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $352.3M Q1 2024 Q2 2024: $362.0M Q2 2024 Q3 2024: $401.0M Q3 2024 Q4 2024: $404.6M Q4 2024 Q1 2025: $420.3M $420.3M Q1 2025 Q2 2025: $438.9M Q2 2025 Q3 2025: $471.7M Q3 2025 Q4 2025: $484.2M Q4 2025 Q1 2026: $481.8M Q1 2026 Q2 2026: $523.9M Q2 2026

Holdings 156 stocks · $420.3M
BRK.B Berkshire Hathaway Inc. Class B 15.36% 121,178 $64.5M Add +1.4%
AAPL Apple Inc. 7.37% 139,494 $31.0M Reduce -4.0%
DFAU Dimensional US Core Equity M 5.18% 565,805 $21.7M Add +3.9%
PHYS Sprott Physical Gold Trust 4.92% 860,211 $20.7M Add +2.5%
DGRO iShares Core Dividend Growth 4.64% 315,468 $19.5M Add +3.4%
DVY iShares Select Dividend ETF 3.46% 108,284 $14.5M Add +4.5%
DFAI Dimensional International Co. 2.84% 381,552 $11.9M Add +2.6%
GOOGL Alphabet Inc. Class A 2.66% 72,220 $11.2M Reduce -0.7%
VGK Vanguard Ftse Europe ETF 2.30% 137,573 $9.7M Add +2.2%
AVUV Avantis US Small Cap Value 1.66% 80,107 $7.0M Add +2.6%
UNH Unitedhealth Group Inc. 1.47% 11,808 $6.2M Reduce -4.6%
AVES Avantis Emerging Markets Val 1.45% 129,351 $6.1M Add +2.9%
COWZ Pacer US Cash Cows 100 ETF 1.38% 106,247 $5.8M Add +11.6%
MSFT Microsoft Corp. 1.30% 14,566 $5.5M Reduce -0.6%
TGT Target Corp. 1.26% 50,566 $5.3M Add +298.1%
VYMI Vanguard Int High DVD YLD Inc. 1.22% 69,771 $5.1M Add +7.7%
KARO Karooooo Ltd. 1.22% 120,039 $5.1M Reduce -24.0%
VWO Vanguard Ftse Emerging Marke 1.20% 111,701 $5.1M Add +3.3%
COST Costco Wholesale Corp. 1.17% 5,193 $4.9M Reduce -3.0%
AVDV Avantis Intl S/C Value ETF 1.17% 70,239 $4.9M Reduce -0.6%
PM Philip Morris International 1.13% 29,861 $4.7M Add +0.0%
JPM JPMorgan Chase & Co. 1.10% 18,784 $4.6M Add +0.0%
XNIEX Virtus Equity & Convertible 1.09% 206,342 $4.6M Reduce -6.6%
AVUS Avantis U.S. Equity ETF 1.07% 48,864 $4.5M Reduce -5.3%
GOOG Alphabet Inc. Class C 1.03% 27,799 $4.3M Reduce -9.7%
DFAC Dimensional US Core Equity 2 1.00% 127,736 $4.2M Add +4.9%
BRK.A Berkshire Hathaway Inc. Class A 0.95% 5 $4.0M No change
AMZN Amazon.com Inc. 0.86% 18,905 $3.6M Reduce -3.3%
META Meta Platforms Inc. Class A 0.84% 6,131 $3.5M Reduce -5.6%
DFCF Dimensional Core Fixed Inc. 0.83% 83,074 $3.5M Add +12.6%
DFAT Dimensional US Target Value 0.72% 58,992 $3.0M Add +3.4%
WFC Wells Fargo & Co. 0.68% 39,871 $2.9M Add +2.0%
MCD McDonald's Corp. 0.68% 9,135 $2.9M Reduce -0.8%
DFGP Dimensional GLBL Core PL Fix 0.67% 52,603 $2.8M Add +0.3%
V Visa Inc. Class A 0.66% 7,908 $2.8M Add +0.9%
XLP SS Consumer Staples Sel Sect 0.64% 32,683 $2.7M No change
AIOT Powerfleet Inc. 0.63% 486,000 $2.7M New
JPST JPMorgan Ultra-Short Income 0.63% 52,454 $2.7M Add +2.6%
AVDE Avantis International Equity 0.63% 39,957 $2.6M Reduce -6.0%
SNBRQ Sleep Number Corp. 0.60% 396,777 $2.5M Add +188.6%
HON Honeywell International Inc. 0.58% 11,491 $2.4M No change
WY Weyerhaeuser Co. 0.58% 82,806 $2.4M Add +4.3%
SBUX Starbucks Corp. 0.57% 24,260 $2.4M Reduce -0.1%
JNJ Johnson & Johnson 0.54% 13,623 $2.3M Reduce -0.6%
DFEV Dimensional Emrg MRKT Val 0.53% 81,801 $2.2M Add +6.5%
PG The Procter & Gamble Co. 0.46% 11,441 $1.9M Reduce -0.4%
DFIC Dimensional International Co. 0.45% 67,840 $1.9M Add +9.5%
DISV Dimensional International SM 0.44% 63,404 $1.8M Add +4.7%
NVDA Nvidia Corp. 0.42% 16,180 $1.8M Add +2.7%
HD Home Depot Inc. 0.39% 4,486 $1.6M Add +1.5%
LAND Gladstone Land Corp. 0.37% 146,162 $1.5M Reduce -6.5%
SPAB SS SPDR P Agg Bond ETF 0.36% 58,560 $1.5M Reduce -27.2%
JEPI JPMorgan Equity Premium Inco 0.35% 25,605 $1.5M Add +19.4%
IEUR iShares Core MSCI Europe ETF 0.35% 24,130 $1.5M Add +1.1%
CELH Celsius Holdings Inc. 0.34% 40,626 $1.4M Add +107.2%
ALSN Allison Transmission Holding 0.34% 14,967 $1.4M Reduce -11.7%
VNQ Vanguard Real Estate ETF 0.33% 15,377 $1.4M Add +14.2%
CBRE GBL REAL ESTATE INC FD 0.33% 268,674 $1.4M Add +7.4%
DSL Doubleline Income Solutions 0.31% 102,177 $1.3M Add +13.5%
IEMG iShares Core MSCI Emerging 0.29% 22,761 $1.2M Add +4.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.28% 11,884 $1.2M Reduce -4.3%
PANW Palo Alto Networks Inc. 0.27% 6,693 $1.1M Add +12.2%
CVX Chevron Corp. 0.25% 6,389 $1.1M Add +13.8%
DLY Doubleline Yield Opport 0.25% 65,720 $1.1M Add +5.6%
XFRAX BlackRock Fltng RT Inc. Strat 0.25% 80,152 $1.0M Add +8.3%
PSLV Sprott Physical Silver Trust 0.24% 87,792 $1.0M No change
BKNG Booking Holdings Inc. 0.24% 219 $1.0M Reduce -0.9%
DFSU Dimensional US Sus CORE1 ETF 0.24% 27,898 $999K Add +0.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.23% 1,740 $974K Add +22.0%
AZO AutoZone Inc. 0.23% 254 $968K Reduce -1.2%
FDX FedEx Corp. 0.22% 3,873 $944K Add +1.3%
EPD Enterprise Products Partners 0.21% 25,949 $886K No change
PCAR Paccar Inc. 0.21% 9,022 $878K No change
DFAX Dimensional World Ex US Core 0.21% 33,522 $878K Add +9.2%
IVV iShares Core S&P 500 ETF 0.21% 1,538 $865K Add +6.1%
ORCL Oracle Corp. 0.20% 6,017 $841K Reduce -4.8%
MA Mastercard Inc. Class A 0.20% 1,514 $830K Add +0.3%
WINA Winmark Corp. 0.20% 2,600 $826K No change
AVEM Avantis Emerging Markets Eq 0.19% 13,372 $805K Reduce -1.0%
ITOT iShares Core S&P Total U.S. 0.19% 6,403 $781K Add +2.0%
AMT American Tower Corp. 0.18% 3,525 $767K Add +4.4%
AVIG Avantis Core Fixed Income 0.18% 18,482 $765K Add +0.6%
MOO Vaneck Agribusiness ETF 0.18% 11,132 $756K No change
DFSI Dimensional Int Sus COR1 ETF 0.17% 21,068 $735K Reduce -2.9%
FAX Abrdn Asia-Pacific Income 0.17% 46,264 $726K Add +2.5%
KKR KKR & Co. Inc. 0.17% 6,273 $725K No change
GS Goldman Sachs Group Inc. 0.17% 1,289 $704K Add +0.5%
BA The Boeing Co. 0.16% 4,026 $687K Add +13.9%
GIS General Mills Inc. 0.16% 11,461 $685K No change
SGI Somnigroup International Inc. 0.16% 11,250 $674K Reduce -8.2%
CVS CVS Health Corp. 0.16% 9,808 $665K Add +1.0%
PLTR Palantir Technologies Inc. Class A 0.15% 7,687 $649K Reduce -59.2%
VTI VG Morningstar TS MKT ETF-US 0.15% 2,268 $624K No change
IYZ iShares US Telecommunication 0.15% 22,733 $623K Reduce -1.8%
IHF iShares U.S. Healthcare Prov 0.15% 11,621 $614K No change
VZ Verizon Communications Inc. 0.14% 13,316 $604K Add +3.1%
IHI iShares U.S. Medical Devices 0.14% 10,014 $603K No change
COF Capital One Financial Corp. 0.14% 3,336 $598K No change
NVO Novo-Nordisk A/S-Spons ADR 0.14% 8,521 $592K Reduce -4.5%
XOM Exxon Mobil Corp. 0.14% 4,968 $591K Add +0.3%
COWG Pacer US LRG Cap Cows GR LD 0.14% 18,800 $579K Add +20.1%
ARM Arm Holdings PLC-ADR 0.13% 5,194 $555K Reduce -0.7%
BND Vanguard Total Bond Market 0.12% 6,957 $511K Add +5.1%
APO Apollo Global Management Inc. 0.12% 3,600 $493K Reduce -10.0%
UNP Union Pacific Corp. 0.11% 1,982 $468K No change
VOO Vanguard S&P 500 ETF 0.11% 910 $468K Reduce -16.9%
MDT Medtronic PLC 0.11% 5,164 $464K Add +5.3%
ABBV Abbvie Inc. 0.11% 2,186 $458K Reduce -10.3%
CSCO Cisco Systems Inc. 0.11% 7,367 $455K No change
GEHC GE Healthcare Technology 0.11% 5,581 $450K Add +3.4%
MCK McKesson Corp. 0.10% 640 $431K No change
STZ Constellation Brands Inc. Class A 0.10% 2,233 $410K Reduce -1.1%
FAST Fastenal Co. 0.09% 5,079 $394K Add +5.9%
TAP Molson Coors Beverage Co. Class B 0.09% 6,426 $391K No change
TSCO Tractor Supply Company 0.09% 6,990 $385K No change
KO The Coca-Cola Co. 0.09% 5,187 $372K No change
AVSU Avantis Resp US Equity ETF 0.09% 5,894 $368K Add +6.8%
AVLV Avantis US Large Cap Value 0.09% 5,606 $366K No change
AVIV Avantis Intl LRG Cap Val ETF 0.09% 6,385 $362K No change
NIM Nuveen Select Maturit Muni 0.09% 38,524 $359K Add +10.3%
WMT Walmart Inc. 0.08% 4,023 $353K Add +0.9%
PRU Prudential Financial Inc. 0.08% 3,057 $341K No change
COP Conocophillips 0.08% 3,210 $337K Add +0.0%
HACK Amplify Cybersecurity ETF 0.08% 4,485 $322K Reduce -2.2%
BP BP PLC-Spons ADR 0.08% 9,517 $322K Reduce -3.1%
HELO JPMorgan Hedged Equity ETF 0.08% 5,387 $322K New
DFSE Dimensional Em Sus CORE1 ETF 0.08% 9,535 $321K Add +0.1%
MMM 3M Co. 0.08% 2,169 $319K Add +10.6%
MO Altria Group Inc. 0.07% 5,110 $307K No change
TSLA Tesla Inc. 0.07% 1,175 $305K Add +81.6%
EQNR Equinor ASA-Spon ADR 0.07% 11,360 $300K No change
NSC Norfolk Southern Corp. 0.07% 1,261 $299K No change
BATRA Atlanta Braves Holdings in-A 0.07% 6,722 $295K Reduce -1.5%
SHY iShares 1-3 Year Treasury Bo 0.07% 3,532 $292K Reduce -11.6%
VEEV Veeva Systems Inc. Class A 0.07% 1,221 $283K No change
DPZ Domino's Pizza Inc. 0.07% 604 $278K No change
DFIV Dimensional International Va 0.07% 7,021 $276K No change
MDLZ Mondelez International Inc. Class A 0.07% 4,053 $275K No change
XLV SS Health Care Select Sector 0.06% 1,820 $266K No change
TSM Taiwan Semiconductor-SP ADR 0.06% 1,543 $256K No change
IUSG iShares Core S&P U.S. Growth 0.06% 1,961 $249K No change
SPG Simon Property Group Inc. 0.06% 1,468 $244K No change
NFG National Fuel Gas Co. 0.06% 3,040 $241K New
BNDX Vanguard Total Intl Bond ETF 0.06% 4,847 $237K Reduce -15.4%
HDV iShares Core High Dividend E 0.06% 1,943 $235K No change
TRI Thomson Reuters Corp. 0.06% 1,358 $235K Reduce -1.2%
AB Alliancebernstein Holding LP 0.06% 6,095 $233K No change
FFLG Fidelity Fndmntl L/C GRW ETF 0.06% 10,477 $232K No change
BX Blackstone Inc. 0.06% 1,655 $231K No change
PLAY Dave & Buster's Entertainmen 0.05% 12,940 $227K Add +21.6%
BEN Franklin Templeton Inc. 0.05% 11,191 $215K No change
ACWI iShares MSCI Acwi ETF 0.05% 1,842 $214K Reduce -1.5%
LMT Lockheed Martin Corp. 0.05% 460 $205K No change
QQQ Invesco QQQ Trust Series 1 0.05% 437 $205K Reduce -15.0%
LOCL Local Bounti Corp. 0.02% 48,825 $101K No change
CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP 0.02% 11,020 $73K New

Options reported separately and not counted above: PLTR calls ($1.7M).

Portfolio Sells Q4 2024 → Q1 2025
AAPL Apple Inc. Reduce -4.0% 7.37% −1.62
GOOGL Alphabet Inc. Class A Reduce -0.7% 2.66% −0.75
KARO Karooooo Ltd. Reduce -24.0% 1.22% −0.55
GOOG Alphabet Inc. Class C Reduce -9.7% 1.03% −0.42
XNIEX Virtus Equity & Convertible Reduce -6.6% 1.09% −0.26
MSFT Microsoft Corp. Reduce -0.6% 1.30% −0.23
AMZN Amazon.com Inc. Reduce -3.3% 0.86% −0.20
PLTR Palantir Technologies Inc. Class A Reduce -59.2% 0.15% −0.20
AVUS Avantis U.S. Equity ETF Reduce -5.3% 1.07% −0.16
SPAB SS SPDR P Agg Bond ETF Reduce -27.2% 0.36% −0.14
ALSN Allison Transmission Holding Reduce -11.7% 0.34% −0.11
META Meta Platforms Inc. Class A Reduce -5.6% 0.84% −0.10
UNH Unitedhealth Group Inc. Reduce -4.6% 1.47% −0.08
DIS The Walt Disney Co. Reduce -4.3% 0.28% −0.06
ORCL Oracle Corp. Reduce -4.8% 0.20% −0.06
NOW ServiceNow Inc. Sold out 0.00% −0.06
SEZL Sezzle Inc. Sold out 0.00% −0.06
LAND Gladstone Land Corp. Reduce -6.5% 0.37% −0.05
NVO Novo-Nordisk A/S-Spons ADR Reduce -4.5% 0.14% −0.05
APO Apollo Global Management Inc. Reduce -10.0% 0.12% −0.05
COST Costco Wholesale Corp. Reduce -3.0% 1.17% −0.04
VOO Vanguard S&P 500 ETF Reduce -16.9% 0.11% −0.03
BKNG Booking Holdings Inc. Reduce -0.9% 0.24% −0.03
ARM Arm Holdings PLC-ADR Reduce -0.7% 0.13% −0.03
STZ Constellation Brands Inc. Class A Reduce -1.1% 0.10% −0.03
MMT Aberdeen Multimarket Income Sold out 0.00% −0.02
QQQ Invesco QQQ Trust Series 1 Reduce -15.0% 0.05% −0.02
AVDE Avantis International Equity Reduce -6.0% 0.63% −0.01
BNDX Vanguard Total Intl Bond ETF Reduce -15.4% 0.06% −0.01
PG The Procter & Gamble Co. Reduce -0.4% 0.46% −0.01
SHY iShares 1-3 Year Treasury Bo Reduce -11.6% 0.07% −0.01
SGI Somnigroup International Inc. Reduce -8.2% 0.16% −0.01
HACK Amplify Cybersecurity ETF Reduce -2.2% 0.08% −0.01
IYZ iShares US Telecommunication Reduce -1.8% 0.15% −0.01
AVEM Avantis Emerging Markets Eq Reduce -1.0% 0.19% −0.00
SOLO BRANDS INC Sold out 0.00% −0.00
ACWI iShares MSCI Acwi ETF Reduce -1.5% 0.05% −0.00
APP AppLovin Corp. Class A Sold out 0.00% −0.00
DFSI Dimensional Int Sus COR1 ETF Reduce -2.9% 0.17% −0.00
TRI Thomson Reuters Corp. Reduce -1.2% 0.06% +0.00
BATRA Atlanta Braves Holdings in-A Reduce -1.5% 0.07% +0.00
ABBV Abbvie Inc. Reduce -10.3% 0.11% +0.00
BP BP PLC-Spons ADR Reduce -3.1% 0.08% +0.00
SBUX Starbucks Corp. Reduce -0.1% 0.57% +0.02
MCD McDonald's Corp. Reduce -0.8% 0.68% +0.02
AZO AutoZone Inc. Reduce -1.2% 0.23% +0.03
AVDV Avantis Intl S/C Value ETF Reduce -0.6% 1.17% +0.03
JNJ Johnson & Johnson Reduce -0.6% 0.54% +0.05

Portfolio Buys Q4 2024 → Q1 2025
BRK.B Berkshire Hathaway Inc. Class B Add +1.4% 15.36% +1.97
TGT Target Corp. Add +298.1% 1.26% +0.83
PHYS Sprott Physical Gold Trust Add +2.5% 4.92% +0.75
AIOT Powerfleet Inc. New 0.63% +0.63
PM Philip Morris International Add +0.0% 1.13% +0.24
CELH Celsius Holdings Inc. Add +107.2% 0.34% +0.22
VGK Vanguard Ftse Europe ETF Add +2.2% 2.30% +0.19
DFAI Dimensional International Co. Add +2.6% 2.84% +0.15
VYMI Vanguard Int High DVD YLD Inc. Add +7.7% 1.22% +0.14
DVY iShares Select Dividend ETF Add +4.5% 3.46% +0.10
SNBRQ Sleep Number Corp. Add +188.6% 0.60% +0.08
DFCF Dimensional Core Fixed Inc. Add +12.6% 0.83% +0.08
HELO JPMorgan Hedged Equity ETF New 0.08% +0.08
NFG National Fuel Gas Co. New 0.06% +0.06
COWZ Pacer US Cash Cows 100 ETF Add +11.6% 1.38% +0.06
CVX Chevron Corp. Add +13.8% 0.25% +0.05
DFIC Dimensional International Co. Add +9.5% 0.45% +0.05
CVS CVS Health Corp. Add +1.0% 0.16% +0.05
V Visa Inc. Class A Add +0.9% 0.66% +0.05
JEPI JPMorgan Equity Premium Inco Add +19.4% 0.35% +0.04
DISV Dimensional International SM Add +4.7% 0.44% +0.04
VNQ Vanguard Real Estate ETF Add +14.2% 0.33% +0.03
CBRE GBL REAL ESTATE INC FD Add +7.4% 0.33% +0.03
AMT American Tower Corp. Add +4.4% 0.18% +0.03
DFEV Dimensional Emrg MRKT Val Add +6.5% 0.53% +0.03
IEUR iShares Core MSCI Europe ETF Add +1.1% 0.35% +0.03
DSL Doubleline Income Solutions Add +13.5% 0.31% +0.03
VWO Vanguard Ftse Emerging Marke Add +3.3% 1.20% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +22.0% 0.23% +0.03
WY Weyerhaeuser Co. Add +4.3% 0.58% +0.02
DFAX Dimensional World Ex US Core Add +9.2% 0.21% +0.02
CALY Callaway Golf Company New 0.02% +0.02
VZ Verizon Communications Inc. Add +3.1% 0.14% +0.02
AVES Avantis Emerging Markets Val Add +2.9% 1.45% +0.02
COWG Pacer US LRG Cap Cows GR LD Add +20.1% 0.14% +0.01
MDT Medtronic PLC Add +5.3% 0.11% +0.01
MMM 3M Co. Add +10.6% 0.08% +0.01
NIM Nuveen Select Maturit Muni Add +10.3% 0.09% +0.01
IEMG iShares Core MSCI Emerging Add +4.1% 0.29% +0.01
DGRO iShares Core Dividend Growth Add +3.4% 4.64% +0.01
XOM Exxon Mobil Corp. Add +0.3% 0.14% +0.01
BA The Boeing Co. Add +13.9% 0.16% +0.01
FAX Abrdn Asia-Pacific Income Add +2.5% 0.17% +0.01
DLY Doubleline Yield Opport Add +5.6% 0.25% +0.01
FAST Fastenal Co. Add +5.9% 0.09% +0.01
TSLA Tesla Inc. Add +81.6% 0.07% +0.01
BND Vanguard Total Bond Market Add +5.1% 0.12% +0.00
PANW Palo Alto Networks Inc. Add +12.2% 0.27% +0.00
GEHC GE Healthcare Technology Add +3.4% 0.11% +0.00
WFC Wells Fargo & Co. Add +2.0% 0.68% +0.00

Options Activity Q4 2024 → Q1 2025
PLTR Palantir Technologies Inc. Class A call New 20,000 $1.7M
PLTR Palantir Technologies Inc. Class A put Sold out 20,000 $1.5Mbefore exit
APP AppLovin Corp. Class A put Sold out 4,000 $1.3Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 174$523.9MBRK.B, AAPL, DGRO, DFAU, PHYS
Q1 2026 173$481.8MBRK.B, AAPL, PHYS, DGRO, DFAU
Q4 2025 169$484.2MBRK.B, AAPL, DFAU, PHYS, DGRO
Q3 2025 162$471.7MBRK.B, AAPL, DFAU, PHYS, DGRO
Q2 2025 160$438.9MBRK.B, AAPL, DFAU, PHYS, DGRO
Q1 2025 156$420.3MBRK.B, AAPL, DFAU, PHYS, DGRO
Q4 2024 157$404.6MBRK.B, AAPL, DFAU, DGRO, PHYS
Q3 2024 150$401.0MBRK.B, AAPL, DFAU, DGRO, PHYS
Q2 2024 143$362.0MBRK.B, AAPL, DFAU, DGRO, PHYS
Q1 2024 145$352.3MBRK.B, AAPL, DFAU, DGRO, PHYS