Schwarz Dygos Wheeler Investment Advisors LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Schwarz Dygos Wheeler Investment Advisors LLC reported 169 stock positions worth $484.2 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 12.6% of the portfolio, followed by Apple (AAPL, 7.4%) and Dimensional US Core Equity M (DFAU, 6.1%). Compared with Q3 2025, it opened 10 new positions, sold out of 3, added to 74 and reduced 38. The biggest buy was Alphabet Class C (GOOG, shares +3%) and the biggest sale an exit from Powerfleet (AIOT).

Most Recent 13F
Q2 2026
Location
MINNEAPOLIS, MN
CIK
0001794153
Portfolio Value
$484.2M (Q4 2025)
SEC Filing
0001794153-26-000002 ↗ filed Feb 9, 2026

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 Q1 2025 Q2 2025: $438.9M Q2 2025 Q3 2025: $471.7M Q3 2025 Q4 2025: $484.2M $484.2M Q4 2025 Q1 2026: $481.8M Q1 2026 Q2 2026: $523.9M Q2 2026

Holdings 169 stocks · $484.2M
BRK.B Berkshire Hathaway Inc. Class B 12.63% 121,620 $61.1M Reduce -0.8%
AAPL Apple Inc. 7.38% 131,461 $35.7M Reduce -2.4%
DFAU Dimensional US Core Equity M 6.11% 631,628 $29.6M Reduce -0.0%
PHYS Sprott Physical Gold Trust 5.85% 857,223 $28.3M Reduce -0.2%
DGRO iShares Core Dividend Growth 4.88% 340,396 $23.6M Add +0.6%
GOOGL Alphabet Inc. Class A 4.47% 69,113 $21.6M Reduce -2.9%
DVY iShares Select Dividend ETF 3.45% 118,285 $16.7M Add +0.9%
DFAI Dimensional International Co. 2.89% 367,312 $14.0M Reduce -1.1%
VGK Vanguard Ftse Europe ETF 2.40% 139,170 $11.6M Add +0.5%
AVUV Avantis US Small Cap Value 1.97% 93,328 $9.5M Add +3.0%
GOOG Alphabet Inc. Class C 1.76% 27,151 $8.5M Add +3.1%
AVES Avantis Emerging Markets Val 1.68% 139,184 $8.1M Add +2.7%
MSFT Microsoft Corp. 1.46% 14,636 $7.1M Add +1.2%
VYMI Vanguard Int High DVD YLD Inc. 1.38% 74,239 $6.7M Add +4.1%
COWZ Pacer US Cash Cows 100 ETF 1.34% 108,208 $6.5M Add +0.8%
AVDV Avantis Intl S/C Value ETF 1.34% 68,860 $6.5M Add +2.0%
VWO Vanguard Ftse Emerging Marke 1.27% 114,808 $6.2M Add +1.5%
JPM JPMorgan Chase & Co. 1.24% 18,593 $6.0M No change
AVUS Avantis U.S. Equity ETF 1.14% 49,483 $5.5M Add +0.5%
XNIEX Virtus Equity & Convertible 1.11% 216,008 $5.4M Add +1.1%
DFCF Dimensional Core Fixed Inc. 1.04% 118,435 $5.0M Add +1.2%
DFAC Dimensional US Core Equity 2 1.01% 123,746 $4.9M Reduce -4.7%
KARO Karooooo Ltd. 0.99% 105,215 $4.8M No change
PM Philip Morris International 0.98% 29,581 $4.7M Reduce -0.3%
UNH Unitedhealth Group Inc. 0.96% 14,120 $4.7M Add +1.0%
AMZN Amazon.com Inc. 0.92% 19,355 $4.5M Add +9.5%
COST Costco Wholesale Corp. 0.90% 5,035 $4.3M Reduce -0.6%
TGT Target Corp. 0.89% 43,913 $4.3M Reduce -13.4%
META Meta Platforms Inc. Class A 0.81% 5,947 $3.9M Add +0.1%
WFC Wells Fargo & Co. 0.78% 40,526 $3.8M Reduce -1.1%
DFGP Dimensional GLBL Core PL Fix 0.77% 68,636 $3.7M Add +1.1%
PANW Palo Alto Networks Inc. 0.73% 19,203 $3.5M Reduce -0.2%
NVDA Nvidia Corp. 0.69% 18,021 $3.4M Add +10.7%
DFAT Dimensional US Target Value 0.69% 56,119 $3.3M Reduce -5.8%
AVDE Avantis International Equity 0.61% 36,054 $3.0M Add +0.6%
MCD McDonald's Corp. 0.57% 8,986 $2.7M Add +0.5%
V Visa Inc. Class A 0.56% 7,697 $2.7M Add +2.2%
JNJ Johnson & Johnson 0.56% 13,008 $2.7M Add +0.5%
JPST JPMorgan Ultra-Short Income 0.55% 53,016 $2.7M Reduce -3.7%
DFEV Dimensional Emrg MRKT Val 0.52% 74,370 $2.5M Reduce -8.2%
HON Honeywell International Inc. 0.49% 12,099 $2.4M No change
DFIC Dimensional International Co. 0.46% 64,446 $2.2M Reduce -5.3%
DISV Dimensional International SM 0.45% 57,373 $2.2M Reduce -8.2%
WY Weyerhaeuser Co. 0.43% 88,777 $2.1M Reduce -2.1%
PSLV Sprott Physical Silver Trust 0.43% 88,097 $2.1M Reduce -0.8%
SBUX Starbucks Corp. 0.42% 24,105 $2.0M Add +0.0%
JEPI JPMorgan Equity Premium Inco 0.36% 30,167 $1.7M Add +11.9%
IEUR iShares Core MSCI Europe ETF 0.36% 24,303 $1.7M Reduce -0.8%
PG The Procter & Gamble Co. 0.34% 11,474 $1.6M Add +1.9%
VNQ Vanguard Real Estate ETF 0.34% 18,515 $1.6M Add +13.7%
IEMG iShares Core MSCI Emerging 0.33% 23,534 $1.6M Add +1.3%
SNBRQ Sleep Number Corp. 0.32% 183,713 $1.6M No change
HD Home Depot Inc. 0.32% 4,476 $1.5M Add +1.2%
BRK.A Berkshire Hathaway Inc. Class A 0.31% 2 $1.5M No change
ALSN Allison Transmission Holding 0.31% 15,117 $1.5M Add +1.0%
CBRE GBL REAL ESTATE INC FD 0.29% 318,080 $1.4M Add +4.6%
DSL Doubleline Income Solutions 0.28% 120,247 $1.4M Add +7.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.27% 11,448 $1.3M Add +0.0%
LAND Gladstone Land Corp. 0.25% 134,809 $1.2M Reduce -5.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.25% 1,778 $1.2M Add +1.1%
VZ Verizon Communications Inc. 0.24% 28,813 $1.2M Add +1.8%
GS Goldman Sachs Group Inc. 0.23% 1,291 $1.1M No change
ORCL Oracle Corp. 0.23% 5,817 $1.1M Add +3.9%
FDX FedEx Corp. 0.23% 3,912 $1.1M Add +0.6%
IVV iShares Core S&P 500 ETF 0.23% 1,640 $1.1M Add +2.4%
COF Capital One Financial Corp. 0.22% 4,405 $1.1M Reduce -2.1%
DLY Doubleline Yield Opport 0.22% 72,592 $1.1M Add +7.1%
XFRAX BlackRock Fltng RT Inc. Strat 0.21% 88,334 $1.0M Add +6.7%
CVX Chevron Corp. 0.21% 6,796 $1.0M Add +3.5%
BKNG Booking Holdings Inc. 0.21% 193 $1.0M Add +175.7%
FAX Abrdn Asia-Pacific Income 0.21% 67,185 $1.0M Add +8.6%
VOO Vanguard S&P 500 ETF 0.21% 1,640 $1.0M No change
DFSU Dimensional US Sus CORE1 ETF 0.21% 23,297 $1.0M Reduce -10.5%
PLTR Palantir Technologies Inc. Class A 0.21% 5,597 $995K Reduce -20.1%
PCAR Paccar Inc. 0.21% 9,071 $993K No change
AVEM Avantis Emerging Markets Eq 0.20% 12,741 $981K Reduce -1.2%
DFAX Dimensional World Ex US Core 0.20% 29,780 $975K Reduce -9.9%
ITOT iShares Core S&P Total U.S. 0.20% 6,437 $957K Add +0.1%
CVS CVS Health Corp. 0.19% 11,828 $939K Reduce -0.3%
AVIG Avantis Core Fixed Income 0.19% 22,173 $930K Add +3.1%
CELH Celsius Holdings Inc. 0.19% 20,043 $917K No change
WINA Winmark Corp. 0.18% 2,150 $871K No change
MA Mastercard Inc. Class A 0.18% 1,518 $867K Add +0.9%
BA The Boeing Co. 0.18% 3,990 $866K No change
MDT Medtronic PLC 0.18% 8,940 $859K Add +2.0%
AZO AutoZone Inc. 0.18% 250 $848K No change
EPD Enterprise Products Partners 0.17% 25,599 $821K Reduce -1.4%
KKR KKR & Co. Inc. 0.17% 6,274 $800K No change
COWG Pacer US LRG Cap Cows GR LD 0.16% 22,660 $798K Add +0.4%
DFSI Dimensional Int Sus COR1 ETF 0.16% 18,454 $791K Reduce -10.9%
VBIL Vanguard 0-3M T-Bill ETF 0.15% 9,925 $749K New
SGI Somnigroup International Inc. 0.15% 8,250 $737K No change
JHX James Hardie Ind PLC 0.15% 35,050 $727K No change
VTI VG Morningstar TS MKT ETF-US 0.14% 2,065 $693K Reduce -6.3%
GEHC GE Healthcare Technology 0.13% 7,802 $640K Add +0.0%
AMT American Tower Corp. 0.13% 3,640 $639K Add +5.9%
XOM Exxon Mobil Corp. 0.13% 5,069 $610K Add +3.5%
CELC Celcuity Inc. 0.12% 5,700 $569K No change
CSCO Cisco Systems Inc. 0.12% 7,367 $567K No change
GIS General Mills Inc. 0.12% 12,153 $565K Add +1.9%
ARM Arm Holdings PLC-ADR 0.12% 5,159 $564K Add +0.4%
ABBV Abbvie Inc. 0.11% 2,357 $539K Add +7.7%
AVIV Avantis Intl LRG Cap Val ETF 0.11% 7,343 $523K Add +3.8%
APO Apollo Global Management Inc. 0.11% 3,600 $521K No change
WMT Walmart Inc. 0.11% 4,631 $516K Add +9.0%
AVLV Avantis US Large Cap Value 0.10% 6,616 $501K Add +3.2%
MCK McKesson Corp. 0.10% 590 $484K Reduce -7.8%
TSM Taiwan Semiconductor-SP ADR 0.10% 1,577 $479K Add +2.2%
FAST Fastenal Co. 0.09% 11,283 $453K Reduce -0.7%
SPAB SS SPDR P Agg Bond ETF 0.09% 16,624 $428K Reduce -8.1%
BND Vanguard Total Bond Market 0.09% 5,670 $420K Add +0.8%
NIM Nuveen Select Maturit Muni 0.08% 43,947 $409K Add +10.0%
KO The Coca-Cola Co. 0.08% 5,746 $402K Add +10.8%
NVO Novo-Nordisk A/S-Spons ADR 0.08% 7,489 $381K No change
DFIV Dimensional International Va 0.08% 7,355 $367K No change
HACK Amplify Cybersecurity ETF 0.07% 4,485 $360K No change
NSC Norfolk Southern Corp. 0.07% 1,234 $356K No change
DFSE Dimensional Em Sus CORE1 ETF 0.07% 8,533 $354K Reduce -8.4%
TSCO Tractor Supply Company 0.07% 6,990 $350K Add +0.7%
MU Micron Technology Inc. 0.07% 1,210 $345K No change
PRU Prudential Financial Inc. 0.07% 3,057 $345K No change
HELO JPMorgan Hedged Equity ETF 0.07% 5,186 $345K Add +5.7%
UNP Union Pacific Corp. 0.07% 1,480 $342K Add +0.8%
QQQ Invesco QQQ Trust Series 1 0.07% 545 $335K Add +16.9%
BP BP PLC-Spons ADR 0.07% 9,568 $332K No change
TSLA Tesla Inc. 0.07% 733 $330K Reduce -40.5%
IUSG iShares Core S&P U.S. Growth 0.07% 1,961 $329K No change
MMM 3M Co. 0.07% 1,980 $317K Add +2.1%
FFLG Fidelity Fndmntl L/C GRW ETF 0.06% 10,477 $314K No change
XLP SS Consumer Staples Sel Sect 0.06% 4,022 $312K Reduce -3.4%
COP Conocophillips 0.06% 3,240 $303K Add +0.1%
AVSU Avantis Resp US Equity ETF 0.06% 3,963 $302K Add +0.3%
STZ Constellation Brands Inc. Class A 0.06% 2,142 $296K No change
MO Altria Group Inc. 0.06% 5,110 $295K No change
TAP Molson Coors Beverage Co. Class B 0.06% 6,309 $295K No change
SEZL Sezzle Inc. 0.06% 4,600 $292K No change
XLV SS Health Care Select Sector 0.06% 1,820 $282K No change
LSAK Lesaka Technologies Inc. 0.06% 57,422 $274K Reduce -56.7%
SPG Simon Property Group Inc. 0.06% 1,468 $272K No change
EQNR Equinor ASA-Spon ADR 0.06% 11,390 $269K Add +0.3%
BEN Franklin Templeton Inc. 0.06% 11,191 $267K No change
DPZ Domino's Pizza Inc. 0.05% 621 $259K No change
SHY iShares 1-3 Year Treasury Bo 0.05% 3,119 $258K Reduce -9.8%
BATRA Atlanta Braves Holdings in-A 0.05% 6,022 $256K No change
BX Blackstone Inc. 0.05% 1,655 $255K No change
HDV iShares Core High Dividend E 0.05% 2,077 $253K No change
BNDX Vanguard Total Intl Bond ETF 0.05% 5,217 $252K Add +1.2%
XAR SS SPDR S&P Aerospace Def 0.05% 1,030 $248K No change
ACWI iShares MSCI Acwi ETF 0.05% 1,716 $243K No change
LIN Linde PLC 0.05% 559 $238K Add +26.2%
NFG National Fuel Gas Co. 0.05% 2,940 $235K No change
NEM Newmont Corp. 0.05% 2,356 $235K New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.05% 4,267 $235K No change
AB Alliancebernstein Holding LP 0.05% 6,095 $235K No change
LMT Lockheed Martin Corp. 0.05% 482 $233K Add +3.0%
SCHG Schwab US Large-Cap Growth 0.05% 7,143 $233K Add +5.3%
CAT Caterpillar Inc. 0.05% 406 $233K New
FENI Fidelity Enhanced Intl ETF 0.05% 6,040 $221K No change
USB US Bancorp 0.05% 4,092 $218K New
NFLX Netflix Inc. 0.04% 2,320 $218K Add +4.5%
TPR Tapestry Inc. 0.04% 1,681 $215K New
MDLZ Mondelez International Inc. Class A 0.04% 3,954 $213K No change
PLAY Dave & Buster's Entertainmen 0.04% 12,940 $210K No change
DFEM Dimensional Emrg MRKT Core 0.04% 6,204 $205K New
CHRW C.H. Robinson Worldwide Inc. 0.04% 1,253 $201K New
OWL Blue Owl Capital Inc. 0.03% 10,500 $157K New
LOCL Local Bounti Corp. 0.03% 56,705 $121K New
EQS Equus Total Return Inc. 0.01% 20,000 $28K No change
TOVX Theriva Biologics Inc. 0.00% 15,000 $3K New

Portfolio Sells Q3 2025 → Q4 2025
AIOT Powerfleet Inc. Sold out 0.00% −0.63
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.8% 12.63% −0.45
PANW Palo Alto Networks Inc. Reduce -0.2% 0.73% −0.10
COST Costco Wholesale Corp. Reduce -0.6% 0.90% −0.10
TGT Target Corp. Reduce -13.4% 0.89% −0.08
VEEV Veeva Systems Inc. Class A Sold out 0.00% −0.08
PLTR Palantir Technologies Inc. Class A Reduce -20.1% 0.21% −0.07
LSAK Lesaka Technologies Inc. Reduce -56.7% 0.06% −0.06
DFAC Dimensional US Core Equity 2 Reduce -4.7% 1.01% −0.05
TSLA Tesla Inc. Reduce -40.5% 0.07% −0.05
DFAT Dimensional US Target Value Reduce -5.8% 0.69% −0.04
NOW ServiceNow Inc. Sold out 0.00% −0.04
WY Weyerhaeuser Co. Reduce -2.1% 0.43% −0.04
PM Philip Morris International Reduce -0.3% 0.98% −0.04
JPST JPMorgan Ultra-Short Income Reduce -3.7% 0.55% −0.04
DFEV Dimensional Emrg MRKT Val Reduce -8.2% 0.52% −0.03
DFSU Dimensional US Sus CORE1 ETF Reduce -10.5% 0.21% −0.03
FAST Fastenal Co. Reduce -0.7% 0.09% −0.02
DFAU Dimensional US Core Equity M Reduce -0.0% 6.11% −0.02
LAND Gladstone Land Corp. Reduce -5.7% 0.25% −0.02
DISV Dimensional International SM Reduce -8.2% 0.45% −0.02
DFAX Dimensional World Ex US Core Reduce -9.9% 0.20% −0.02
DFSI Dimensional Int Sus COR1 ETF Reduce -10.9% 0.16% −0.02
DFIC Dimensional International Co. Reduce -5.3% 0.46% −0.01
SPAB SS SPDR P Agg Bond ETF Reduce -8.1% 0.09% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -6.3% 0.14% −0.01
DFSE Dimensional Em Sus CORE1 ETF Reduce -8.4% 0.07% −0.01
SHY iShares 1-3 Year Treasury Bo Reduce -9.8% 0.05% −0.01
MCK McKesson Corp. Reduce -7.8% 0.10% −0.00
XLP SS Consumer Staples Sel Sect Reduce -3.4% 0.06% −0.00
AVEM Avantis Emerging Markets Eq Reduce -1.2% 0.20% −0.00
EPD Enterprise Products Partners Reduce -1.4% 0.17% −0.00
IEUR iShares Core MSCI Europe ETF Reduce -0.8% 0.36% +0.00
CVS CVS Health Corp. Reduce -0.3% 0.19% +0.00
COF Capital One Financial Corp. Reduce -2.1% 0.22% +0.02
DFAI Dimensional International Co. Reduce -1.1% 2.89% +0.03
WFC Wells Fargo & Co. Reduce -1.1% 0.78% +0.05
AAPL Apple Inc. Reduce -2.4% 7.38% +0.11
PSLV Sprott Physical Silver Trust Reduce -0.8% 0.43% +0.13
PHYS Sprott Physical Gold Trust Reduce -0.2% 5.85% +0.45
GOOGL Alphabet Inc. Class A Reduce -2.9% 4.47% +0.80

Portfolio Buys Q3 2025 → Q4 2025
GOOG Alphabet Inc. Class C Add +3.1% 1.76% +0.40
VBIL Vanguard 0-3M T-Bill ETF New 0.15% +0.15
BKNG Booking Holdings Inc. Add +175.7% 0.21% +0.13
AMZN Amazon.com Inc. Add +9.5% 0.92% +0.10
VYMI Vanguard Int High DVD YLD Inc. Add +4.1% 1.38% +0.10
AVDV Avantis Intl S/C Value ETF Add +2.0% 1.34% +0.06
VGK Vanguard Ftse Europe ETF Add +0.5% 2.40% +0.06
AVUV Avantis US Small Cap Value Add +3.0% 1.97% +0.05
NVDA Nvidia Corp. Add +10.7% 0.69% +0.05
NEM Newmont Corp. New 0.05% +0.05
CAT Caterpillar Inc. New 0.05% +0.05
JNJ Johnson & Johnson Add +0.5% 0.56% +0.05
USB US Bancorp New 0.05% +0.05
TPR Tapestry Inc. New 0.04% +0.04
DFEM Dimensional Emrg MRKT Core New 0.04% +0.04
CHRW C.H. Robinson Worldwide Inc. New 0.04% +0.04
FDX FedEx Corp. Add +0.6% 0.23% +0.04
COWZ Pacer US Cash Cows 100 ETF Add +0.8% 1.34% +0.04
ALSN Allison Transmission Holding Add +1.0% 0.31% +0.04
OWL Blue Owl Capital Inc. New 0.03% +0.03
JEPI JPMorgan Equity Premium Inco Add +11.9% 0.36% +0.03
AVES Avantis Emerging Markets Val Add +2.7% 1.68% +0.03
LOCL Local Bounti Corp. New 0.03% +0.03
VNQ Vanguard Real Estate ETF Add +13.7% 0.34% +0.02
WMT Walmart Inc. Add +9.0% 0.11% +0.01
AVDE Avantis International Equity Add +0.6% 0.61% +0.01
V Visa Inc. Class A Add +2.2% 0.56% +0.01
KO The Coca-Cola Co. Add +10.8% 0.08% +0.01
QQQ Invesco QQQ Trust Series 1 Add +16.9% 0.07% +0.01
XOM Exxon Mobil Corp. Add +3.5% 0.13% +0.01
GEHC GE Healthcare Technology Add +0.0% 0.13% +0.01
TSM Taiwan Semiconductor-SP ADR Add +2.2% 0.10% +0.01
AVUS Avantis U.S. Equity ETF Add +0.5% 1.14% +0.01
AVIV Avantis Intl LRG Cap Val ETF Add +3.8% 0.11% +0.01
NIM Nuveen Select Maturit Muni Add +10.0% 0.08% +0.01
AVLV Avantis US Large Cap Value Add +3.2% 0.10% +0.01
IVV iShares Core S&P 500 ETF Add +2.4% 0.23% +0.00
LIN Linde PLC Add +26.2% 0.05% +0.00
ABBV Abbvie Inc. Add +7.7% 0.11% +0.00
HELO JPMorgan Hedged Equity ETF Add +5.7% 0.07% +0.00
SCHG Schwab US Large-Cap Growth Add +5.3% 0.05% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +1.1% 0.25% +0.00
IEMG iShares Core MSCI Emerging Add +1.3% 0.33% +0.00
MMM 3M Co. Add +2.1% 0.07% +0.00
DLY Doubleline Yield Opport Add +7.1% 0.22% +0.00
AVSU Avantis Resp US Equity ETF Add +0.3% 0.06% +0.00
TOVX Theriva Biologics Inc. New 0.00% +0.00
MDT Medtronic PLC Add +2.0% 0.18% +0.00
AVIG Avantis Core Fixed Income Add +3.1% 0.19% 0.00
FAX Abrdn Asia-Pacific Income Add +8.6% 0.21% −0.00

Options Activity Q3 2025 → Q4 2025
ORCL Oracle Corp. put Sold out 300 $84Kbefore 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