SGL Investment Advisors, Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 11, 2026), SGL Investment Advisors, Inc. reported 129 stock positions worth $287.5 million. Its top holding was Microsoft (MSFT) at 4.4% of the portfolio, followed by Apple (AAPL, 4.1%) and iShares S&P 500 Growth ETF (IVW, 4.1%). Compared with Q1 2026, it opened 17 new positions, sold out of 12, added to 68 and reduced 41. The biggest buy was Lam Research (LRCX, shares +630%) and the biggest sale an exit from Adobe (ADBE).

Most Recent 13F
Q2 2026
Location
MISSOULA, MT
CIK
0002043186
Portfolio Value
$287.5M (Q2 2026)
SEC Filing
0002043186-26-000003 ↗ filed Aug 11, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q3 2024: $191.8M Q3 2024 Q4 2024: $195.2M Q4 2024 Q1 2025: $191.2M Q1 2025 Q2 2025: $207.6M Q2 2025 Q3 2025: $237.4M Q3 2025 Q4 2025: $246.2M Q4 2025 Q1 2026: $264.0M Q1 2026 Q2 2026: $287.5M $287.5M Q2 2026

Holdings 129 stocks · $287.5M
MSFT Microsoft Corp. 4.38% 24,859 $12.6M Add +4.4%
AAPL Apple Inc. 4.08% 38,055 $11.7M Reduce -1.5%
IVW iShares S&P 500 Growth ETF 4.06% 82,316 $11.7M Add +9.9%
SCHF Schwab Intl Equity ETF 4.04% 413,584 $11.6M Add +5.9%
NVDA Nvidia Corp. 3.05% 40,345 $8.8M Add +1.4%
PANW Palo Alto Networks Inc. 2.78% 20,770 $8.0M Reduce -17.4%
JPM JPMorgan Chase & Co. 2.69% 21,529 $7.7M Add +2.2%
JNJ Johnson & Johnson 2.67% 29,360 $7.7M Reduce -0.5%
SPY SS SPDR S&P 500 ETF Trust-US 2.49% 9,256 $7.2M Add +13.7%
CVX Chevron Corp. 2.43% 35,909 $7.0M Add +0.1%
MA Mastercard Inc. Class A 2.43% 12,409 $7.0M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 2.29% 12,445 $6.6M Add +0.8%
DGX Quest Diagnostics Inc. 2.26% 27,290 $6.5M Reduce -3.4%
CMI Cummins Inc. 2.15% 9,742 $6.2M Add +1.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.11% 25,664 $6.1M Add +2.5%
HD Home Depot Inc. 2.09% 17,115 $6.0M Add +3.6%
TXN Texas Instruments Inc. 1.95% 20,035 $5.6M Add +7.5%
TRV The Travelers Cos Inc. 1.92% 14,689 $5.5M Add +1.2%
IAU iShares Gold Trust 1.90% 66,231 $5.5M Add +8.8%
VCIT Vanguard Int-Term Corporate 1.78% 63,245 $5.1M Add +26.6%
ETN Eaton Corp. PLC 1.78% 11,490 $5.1M Add +12.5%
GOOG Alphabet Inc. Class C 1.72% 13,876 $4.9M Reduce -0.1%
LRCX Lam Research Corp. 1.68% 15,749 $4.8M Add +630.1%
META Meta Platforms Inc. Class A 1.63% 7,860 $4.7M Add +0.4%
WMT Walmart Inc. 1.53% 39,012 $4.4M Reduce -19.6%
SCHW Schwab (charles) Corp. 1.51% 40,332 $4.4M Add +2.5%
ORLY O'reilly Automotive Inc. 1.49% 46,353 $4.3M Reduce -1.9%
YELP Yelp Inc. 1.43% 167,319 $4.1M Add +0.3%
PSA Public Storage 1.42% 12,560 $4.1M Reduce -1.7%
LHX L3HARRIS Technologies Inc. 1.36% 13,449 $3.9M Add +0.3%
IWO iShares Russell 2000 Growth 1.17% 8,653 $3.4M Add +9.1%
OMC Omnicom Group 1.14% 38,620 $3.3M Reduce -1.2%
NULG Nuveen ESG LRG-Cap GRW ETF 1.07% 26,331 $3.1M Reduce -4.3%
SLB SLB Ltd. filed as SLB LIMITED 1.06% 57,503 $3.1M New
STE Steris PLC 0.96% 11,583 $2.8M Reduce -1.8%
KR Kroger Co. 0.96% 48,943 $2.8M Reduce -4.7%
JNK SS SPDR BB High Yield Bond 0.86% 25,808 $2.5M Add +23.9%
RMD Resmed Inc. 0.80% 10,409 $2.3M Reduce -7.5%
AMZN Amazon.com Inc. 0.66% 6,799 $1.9M Add +10.3%
EFG iShares MSCI Eafe Growth ETF 0.64% 14,642 $1.8M Add +15.8%
AMAT Applied Materials Inc. 0.61% 3,356 $1.8M Reduce -19.6%
SCHH Schwab US REIT ETF 0.57% 68,583 $1.6M Reduce -37.1%
IJH iShares Core S&P Midcap ETF 0.54% 20,153 $1.6M Add +13.4%
MU Micron Technology Inc. 0.52% 1,744 $1.5M Reduce -39.0%
ISCV iShares Morningstar Small-Ca 0.51% 17,984 $1.5M Add +12.8%
GOOGL Alphabet Inc. Class A 0.49% 3,946 $1.4M Reduce -47.9%
SCHP Schwab U.S. Tips ETF 0.47% 51,824 $1.3M Add +23.0%
AMGN Amgen Inc. 0.46% 3,193 $1.3M Reduce -0.7%
AMD Advanced Micro Devices 0.45% 2,773 $1.3M Reduce -31.7%
ESG NT Stoxx US ESG ETF 0.43% 6,827 $1.2M Reduce -1.7%
AVGO Broadcom Inc. 0.43% 2,895 $1.2M Add +8.1%
CSCO Cisco Systems Inc. 0.42% 9,926 $1.2M Reduce -16.8%
NUSC Nuveen ESG Small-Cap ETF 0.41% 22,679 $1.2M Reduce -0.7%
LLY Eli Lilly & Co. 0.40% 923 $1.1M Add +15.7%
NUDM Nuveen ESG Intl Devel MRK Eq 0.39% 27,064 $1.1M Add +0.6%
MRK Merck & Co. Inc. 0.37% 8,197 $1.1M Add +3.2%
VWO Vanguard Ftse Emerging Marke 0.37% 17,630 $1.1M Add +12.7%
VSS Vanguard Ftse All Wo X-US SC 0.37% 6,668 $1.1M Add +14.7%
MS Morgan Stanley 0.36% 4,817 $1.0M Add +4.3%
SCHV Schwab US Large-Cap Value 0.35% 28,545 $995K Add +29.6%
ABBV Abbvie Inc. 0.34% 3,901 $967K Add +10.7%
V Visa Inc. Class A 0.33% 2,624 $948K Add +15.8%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.32% 3,002 $916K Add +13.1%
PG The Procter & Gamble Co. 0.30% 5,844 $856K Add +9.4%
MRVL Marvell Technology Inc. 0.30% 4,102 $856K New
LIN Linde PLC 0.30% 1,737 $855K Add +127.1%
DELL Dell Technologies -C 0.29% 1,822 $834K New
GRID First TRST Nasd Class Edg Sgiif 0.28% 4,298 $796K Add +1.5%
BNY Bank of New York Mellon Corp. 0.27% 4,821 $769K Add +141.1%
KO The Coca-Cola Co. 0.26% 8,684 $754K Reduce -30.1%
VNQI Vanguard GLBL Ex-US Real Est 0.26% 16,342 $745K Add +26.8%
BAC Bank of America Corp. 0.26% 11,619 $742K Add +43.3%
NFLX Netflix Inc. 0.26% 9,637 $735K Add +64.6%
COST Costco Wholesale Corp. 0.25% 767 $731K Reduce -23.5%
INTC Intel Corp. 0.24% 7,157 $698K Reduce -23.0%
WDC Western Digital Corp. 0.24% 1,590 $697K New
ADP Automatic Data Processing 0.24% 2,498 $684K Reduce -2.4%
GE General Electric filed as GE AEROSPACE 0.23% 1,793 $657K Add +27.3%
XOM Exxon Mobil Corp. 0.22% 4,036 $645K Add +10.2%
UL Unilever PLC-Sponsored ADR 0.22% 10,169 $639K Add +1.6%
ETHO Amplify Etho Climate Leaders 0.22% 7,710 $635K Reduce -2.5%
GS Goldman Sachs Group Inc. 0.22% 614 $635K Reduce -35.0%
PLTR Palantir Technologies Inc. Class A 0.22% 3,617 $634K Add +10.7%
BLK BlackRock Inc. 0.21% 542 $613K Reduce -0.4%
UNH Unitedhealth Group Inc. 0.21% 1,482 $606K Reduce -37.1%
PCY Invesco Emerging Markets Sov 0.21% 28,615 $604K Add +18.8%
TSLA Tesla Inc. 0.21% 1,787 $591K Add +19.5%
RTX RTX Corp. 0.20% 2,599 $582K Add +6.5%
CAT Caterpillar Inc. 0.19% 664 $556K Reduce -7.5%
ORCL Oracle Corp. 0.19% 3,666 $554K Reduce -12.6%
VRTX Vertex Pharmaceuticals Inc. 0.19% 1,043 $546K New
WFC Wells Fargo & Co. 0.19% 6,214 $544K Reduce -36.3%
GEV GE Vernova Inc. 0.18% 535 $530K New
BKNG Booking Holdings Inc. 0.17% 2,352 $501K New
PM Philip Morris International 0.17% 2,626 $488K Add +10.4%
VZ Verizon Communications Inc. 0.16% 9,508 $447K Add +0.4%
SUSB iShares ESG Aware 1-5 Year U 0.15% 17,684 $439K Add +3.1%
LOW Lowe's Cos Inc. 0.15% 1,973 $432K New
UBER Uber Technologies Inc. 0.15% 5,528 $431K Add +27.1%
T AT&T Inc. 0.15% 17,880 $430K Add +27.2%
COF Capital One Financial Corp. 0.15% 1,953 $428K Add +33.8%
ABT Abbott Laboratories 0.15% 3,917 $425K Reduce -35.8%
PFE Pfizer Inc. 0.14% 14,975 $405K Add +1.7%
BMY Bristol-Myers Squibb Co. 0.14% 6,206 $402K New
MDT Medtronic PLC 0.14% 4,467 $399K New
NOW ServiceNow Inc. 0.14% 3,098 $395K Add +29.1%
DE Deere & Co. 0.14% 642 $391K New
NEE Nextera Energy Inc. 0.14% 4,599 $390K Add +3.5%
STX Seagate Technology Holdings 0.13% 484 $388K New
SPGI S&P Global Inc. 0.13% 915 $376K Add +36.8%
KLAC KLA Corp. 0.13% 1,934 $373K New
CRM Salesforce Inc. 0.13% 1,878 $371K Reduce -33.1%
TMUS T-Mobile US Inc. 0.13% 2,053 $366K Reduce -57.0%
GILD Gilead Sciences Inc. 0.13% 2,734 $364K Add +5.6%
QCOM Qualcomm Inc. 0.13% 2,240 $363K Add +0.8%
EQIX Equinix Inc. 0.13% 345 $360K New
FTNT Fortinet Inc. 0.12% 2,150 $353K New
SO The Southern Co. 0.12% 3,828 $350K New
TLT iShares 20+ Year Treasury BD 0.12% 4,245 $348K Add +20.7%
NUBD Nuveen ESG US Aggregate Bond 0.12% 15,276 $332K Add +4.4%
PLD Prologis Inc. 0.11% 2,335 $324K New
ALL Allstate Corp. 0.11% 1,150 $310K Reduce -4.4%
MCD McDonald's Corp. 0.10% 1,079 $295K Reduce -56.6%
SSNC Ss&c Technologies Holdings 0.10% 3,670 $293K Reduce -7.0%
WTS Watts Water Technologies-A 0.10% 758 $291K No change
MCK McKesson Corp. 0.09% 302 $266K No change
WM Waste Management Inc. 0.09% 1,080 $245K Reduce -13.7%
CDNS Cadence Design SYS Inc. 0.08% 731 $243K No change
XSOE Wisdmtree Emerg MKT Ex-St Ow 0.08% 5,038 $234K Reduce -1.3%
Other holdings (2): bonds, preferreds, convertibles and warrants · $2.4M (not counted above)
SecurityClassShares / PrincipalValueChange
TELADOC HEALTH INC (TDOC 1.25 06/01/27) NOTE 1.250% 6/0 · principal 1,325,000$1.3MReduce -3.6%
ENPHASE ENERGY INC (ENPH 0 03/01/28) NOTE 3/0 · principal 1,200,000$1.1MReduce -3.2%

Total filed on the 13F, all lines: $289.9M.

Portfolio Sells Q1 2026 → Q2 2026
ADBE Adobe Inc. Sold out 0.00% −1.39
WMT Walmart Inc. Reduce -19.6% 1.53% −0.82
TSCO Tractor Supply Company Sold out 0.00% −0.68
GOOGL Alphabet Inc. Class A Reduce -47.9% 0.49% −0.62
SCHH Schwab US REIT ETF Reduce -37.1% 0.57% −0.41
MU Micron Technology Inc. Reduce -39.0% 0.52% −0.34
GOOG Alphabet Inc. Class C Reduce -0.1% 1.72% −0.32
KR Kroger Co. Reduce -4.7% 0.96% −0.30
AXP American Express Co. Sold out 0.00% −0.28
CMCSA Comcast Corp. Class A Sold out 0.00% −0.27
DIS The Walt Disney Co. Sold out 0.00% −0.26
AMD Advanced Micro Devices Reduce -31.7% 0.45% −0.25
TMUS T-Mobile US Inc. Reduce -57.0% 0.13% −0.22
INTC Intel Corp. Reduce -23.0% 0.24% −0.21
AAPL Apple Inc. Reduce -1.5% 4.08% −0.20
C Citigroup Inc. Sold out 0.00% −0.19
MCD McDonald's Corp. Reduce -56.6% 0.10% −0.16
ORLY O'reilly Automotive Inc. Reduce -1.9% 1.49% −0.15
APP AppLovin Corp. Class A Sold out 0.00% −0.14
PEP Pepsico Inc. Sold out 0.00% −0.14
UNH Unitedhealth Group Inc. Reduce -37.1% 0.21% −0.13
COST Costco Wholesale Corp. Reduce -23.5% 0.25% −0.13
GS Goldman Sachs Group Inc. Reduce -35.0% 0.22% −0.12
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.12
ORCL Oracle Corp. Reduce -12.6% 0.19% −0.12
DHR Danaher Corp. Sold out 0.00% −0.11
KO The Coca-Cola Co. Reduce -30.1% 0.26% −0.11
AMAT Applied Materials Inc. Reduce -19.6% 0.61% −0.09
KBDC Kayne Anderson BDC Inc. Sold out 0.00% −0.09
PSA Public Storage Reduce -1.7% 1.42% −0.08
INTU Intuit Inc. Sold out 0.00% −0.08
WFC Wells Fargo & Co. Reduce -36.3% 0.19% −0.08
NULG Nuveen ESG LRG-Cap GRW ETF Reduce -4.3% 1.07% −0.07
CRM Salesforce Inc. Reduce -33.1% 0.13% −0.06
CAT Caterpillar Inc. Reduce -7.5% 0.19% −0.06
RMD Resmed Inc. Reduce -7.5% 0.80% −0.05
ABT Abbott Laboratories Reduce -35.8% 0.15% −0.04
CSCO Cisco Systems Inc. Reduce -16.8% 0.42% −0.02
WM Waste Management Inc. Reduce -13.7% 0.09% −0.02
ESG NT Stoxx US ESG ETF Reduce -1.7% 0.43% −0.01
XSOE Wisdmtree Emerg MKT Ex-St Ow Reduce -1.3% 0.08% −0.01
NUSC Nuveen ESG Small-Cap ETF Reduce -0.7% 0.41% −0.01
BLK BlackRock Inc. Reduce -0.4% 0.21% −0.01
ETHO Amplify Etho Climate Leaders Reduce -2.5% 0.22% −0.00
SSNC Ss&c Technologies Holdings Reduce -7.0% 0.10% +0.00
ALL Allstate Corp. Reduce -4.4% 0.11% +0.01
OMC Omnicom Group Reduce -1.2% 1.14% +0.02
ADP Automatic Data Processing Reduce -2.4% 0.24% +0.03
STE Steris PLC Reduce -1.8% 0.96% +0.06
AMGN Amgen Inc. Reduce -0.7% 0.46% +0.06

Portfolio Buys Q1 2026 → Q2 2026
LRCX Lam Research Corp. Add +630.1% 1.68% +1.44
SLB SLB Ltd. New 1.06% +1.06
MSFT Microsoft Corp. Add +4.4% 4.38% +0.65
JPM JPMorgan Chase & Co. Add +2.2% 2.69% +0.30
MRVL Marvell Technology Inc. New 0.30% +0.30
DELL Dell Technologies -C New 0.29% +0.29
TRV The Travelers Cos Inc. Add +1.2% 1.92% +0.29
WDC Western Digital Corp. New 0.24% +0.24
VCIT Vanguard Int-Term Corporate Add +26.6% 1.78% +0.22
SPY SS SPDR S&P 500 ETF Trust-US Add +13.7% 2.49% +0.21
SCHW Schwab (charles) Corp. Add +2.5% 1.51% +0.21
IVW iShares S&P 500 Growth ETF Add +9.9% 4.06% +0.20
VRTX Vertex Pharmaceuticals Inc. New 0.19% +0.19
GEV GE Vernova Inc. New 0.18% +0.18
BKNG Booking Holdings Inc. New 0.17% +0.17
BNY Bank of New York Mellon Corp. Add +141.1% 0.27% +0.17
ETN Eaton Corp. PLC Add +12.5% 1.78% +0.16
LIN Linde PLC Add +127.1% 0.30% +0.15
LOW Lowe's Cos Inc. New 0.15% +0.15
HD Home Depot Inc. Add +3.6% 2.09% +0.14
BMY Bristol-Myers Squibb Co. New 0.14% +0.14
MDT Medtronic PLC New 0.14% +0.14
DE Deere & Co. New 0.14% +0.14
STX Seagate Technology Holdings New 0.13% +0.13
KLAC KLA Corp. New 0.13% +0.13
EQIX Equinix Inc. New 0.13% +0.13
FTNT Fortinet Inc. New 0.12% +0.12
SO The Southern Co. New 0.12% +0.12
PLD Prologis Inc. New 0.11% +0.11
LLY Eli Lilly & Co. Add +15.7% 0.40% +0.10
BAC Bank of America Corp. Add +43.3% 0.26% +0.10
JNK SS SPDR BB High Yield Bond Add +23.9% 0.86% +0.10
MA Mastercard Inc. Class A Add +0.1% 2.43% +0.09
SCHV Schwab US Large-Cap Value Add +29.6% 0.35% +0.07
GE General Electric Add +27.3% 0.23% +0.07
NFLX Netflix Inc. Add +64.6% 0.26% +0.07
ABBV Abbvie Inc. Add +10.7% 0.34% +0.07
EFG iShares MSCI Eafe Growth ETF Add +15.8% 0.64% +0.06
ISCV iShares Morningstar Small-Ca Add +12.8% 0.51% +0.06
NOW ServiceNow Inc. Add +29.1% 0.14% +0.05
V Visa Inc. Class A Add +15.8% 0.33% +0.05
PLTR Palantir Technologies Inc. Class A Add +10.7% 0.22% +0.05
BRK.B Berkshire Hathaway Inc. Class B Add +0.8% 2.29% +0.05
IWO iShares Russell 2000 Growth Add +9.1% 1.17% +0.05
COF Capital One Financial Corp. Add +33.8% 0.15% +0.05
IJH iShares Core S&P Midcap ETF Add +13.4% 0.54% +0.05
SCHP Schwab U.S. Tips ETF Add +23.0% 0.47% +0.04
MRK Merck & Co. Inc. Add +3.2% 0.37% +0.04
RTX RTX Corp. Add +6.5% 0.20% +0.04
AMZN Amazon.com Inc. Add +10.3% 0.66% +0.03

Notes & Other Activity Q1 2026 → Q2 2026
TELADOC HEALTH INC (TDOC 1.25 06/01/27) NOTE 1.250% 6/0 · principal Reduce -3.6% 1,325,000 $1.3M
ENPHASE ENERGY INC (ENPH 0 03/01/28) NOTE 3/0 · principal Reduce -3.2% 1,200,000 $1.1M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 129$287.5MMSFT, AAPL, IVW, SCHF, NVDA
Q1 2026 124$264.0MAAPL, SCHF, IVW, MSFT, NVDA
Q4 2025 123$246.2MAAPL, MSFT, IVW, GOOG, JNJ
Q3 2025 124$237.4MAAPL, MSFT, NVDA, GOOG, IBM
Q2 2025 118$207.6MMSFT, AAPL, IBM, MA, JPM
Q1 2025 114$191.2MMSFT, AAPL, MA, IBM, BRK.B
Q4 2024 111$195.2MAAPL, MSFT, JPM, MA, HD
Q3 2024 103$191.8MAAPL, MSFT, JPM, CMI, HD