Sonora Investment Management Group, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), Sonora Investment Management Group, LLC reported 301 stock positions worth $1.2 billion. Its top holding was Apple (AAPL) at 4.9% of the portfolio, followed by Microsoft (MSFT, 4.0%) and Arthur J Gallagher (AJG, 2.8%). Compared with Q4 2024, it opened 18 new positions, sold out of 14, added to 118 and reduced 114. The biggest buy was Arthur J Gallagher (AJG, shares +0%) and the biggest sale an exit from Intl Business Machines (IBM).
- Most Recent 13F
- Q3 2025
- Location
- TUCSON, AZ
- CIK
- 0001907552
- Portfolio Value
- $1.2B (Q1 2025)
- SEC Filing
- 0001725547-25-001410 ↗ filed Apr 15, 2025
Holdings Value
Holdings 301 stocks · $1.2B
| AAPL Apple Inc. | 4.86% | 272,369 | $60.5M | Reduce -0.3% |
| MSFT Microsoft Corp. | 3.97% | 131,869 | $49.5M | Add +0.0% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 2.80% | 101,118 | $34.9M | Add +0.2% |
| GOOG Alphabet Inc. Class C | 2.63% | 209,578 | $32.7M | Reduce -0.3% |
| COST Costco Wholesale Corp. | 2.63% | 34,599 | $32.7M | Add +0.2% |
| RSG Republic Services Inc. | 2.47% | 126,887 | $30.7M | Add +0.3% |
| JPM JPMorgan Chase & Co. | 2.25% | 114,409 | $28.1M | Add +0.7% |
| WMT Walmart Inc. | 2.20% | 311,699 | $27.4M | Reduce -0.0% |
| ORCL Oracle Corp. | 2.04% | 181,503 | $25.4M | Reduce -0.0% |
| QCOM Qualcomm Inc. | 1.94% | 156,959 | $24.1M | Reduce -1.7% |
| META Meta Platforms Inc. Class A | 1.93% | 41,793 | $24.1M | Add +2.4% |
| AMZN Amazon.com Inc. | 1.78% | 116,363 | $22.1M | Add +2.3% |
| KLAC KLA Corp. | 1.77% | 32,421 | $22.0M | Add +0.9% |
| VLO Valero Energy Corp. | 1.77% | 166,498 | $22.0M | Add +2.8% |
| CSCO Cisco Systems Inc. | 1.74% | 351,986 | $21.7M | Add +1.9% |
| AVGO Broadcom Inc. | 1.68% | 125,154 | $21.0M | Add +2.0% |
| HD Home Depot Inc. | 1.60% | 54,208 | $19.9M | Add +1.0% |
| BX Blackstone Inc. | 1.59% | 142,003 | $19.8M | Add +2.3% |
| V Visa Inc. Class A | 1.51% | 53,761 | $18.8M | Add +3.7% |
| LMT Lockheed Martin Corp. | 1.45% | 40,287 | $18.0M | Add +3.6% |
| JNJ Johnson & Johnson | 1.44% | 107,836 | $17.9M | Add +2.5% |
| TXN Texas Instruments Inc. | 1.33% | 92,462 | $16.6M | Add +1.7% |
| UNP Union Pacific Corp. | 1.31% | 69,049 | $16.3M | Add +1.1% |
| MRK Merck & Co. Inc. | 1.27% | 175,797 | $15.8M | Add +0.6% |
| EVRG Evergy Inc. | 1.23% | 222,646 | $15.4M | Add +11.2% |
| PEP Pepsico Inc. | 1.23% | 101,777 | $15.3M | Add +0.3% |
| MCD McDonald's Corp. | 1.22% | 48,785 | $15.2M | Add +6.4% |
| PAYX Paychex Inc. | 1.18% | 95,483 | $14.7M | Add +2.8% |
| CVX Chevron Corp. | 1.17% | 87,400 | $14.6M | Add +5.1% |
| TFC Truist Financial Corp. | 1.13% | 342,018 | $14.1M | Add +2.0% |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | 1.13% | 14,735,000 | $14.0M | Reduce -3.2% |
| PNC PNC Financial Services Group | 1.10% | 78,087 | $13.7M | Add +2.3% |
| PG The Procter & Gamble Co. | 1.08% | 78,982 | $13.5M | Reduce -0.6% |
| RTX RTX Corp. | 1.05% | 98,285 | $13.0M | Reduce -2.2% |
| UNH Unitedhealth Group Inc. | 1.01% | 24,077 | $12.6M | Add +2.4% |
| MDT Medtronic PLC | 0.99% | 136,737 | $12.3M | Add +6.3% |
| ACN Accenture PLC Class A | 0.99% | 39,345 | $12.3M | Add +3.2% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.98% | 373,474 | $12.2M | Add +2.2% |
| NVDA Nvidia Corp. | 0.97% | 111,974 | $12.1M | Add +1.8% |
| WPC WP Carey Inc. | 0.90% | 178,005 | $11.2M | Add +12.3% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 06/15/25) | 0.87% | 10,991,000 | $10.9M | Reduce -5.1% |
| ITCI Intra-Cellular Therapies Inc. | 0.86% | 80,763 | $10.7M | Reduce -7.1% |
| PFE Pfizer Inc. | 0.83% | 406,837 | $10.3M | Add +13.4% |
| LYB Lyondellbasell Indu Class A | 0.82% | 145,302 | $10.2M | Add +5.8% |
| USB US Bancorp | 0.74% | 218,974 | $9.2M | Reduce -1.4% |
| KMB Kimberly-Clark Corp. | 0.73% | 64,238 | $9.1M | Reduce -2.6% |
| VZ Verizon Communications Inc. | 0.73% | 200,102 | $9.1M | Add +1.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.71% | 90,111 | $8.9M | Add +5.2% |
| EMR Emerson Electric Co. | 0.69% | 77,888 | $8.5M | Reduce -0.6% |
| CRM Salesforce Inc. | 0.66% | 30,694 | $8.2M | Add +36.0% |
| ADBE Adobe Inc. | 0.65% | 21,210 | $8.1M | Reduce -0.5% |
| AMGN Amgen Inc. | 0.65% | 25,931 | $8.1M | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 0.63% | 50,915 | $7.9M | Reduce -0.9% |
| XOM Exxon Mobil Corp. | 0.60% | 62,614 | $7.4M | Reduce -7.0% |
| HON Honeywell International Inc. | 0.57% | 33,536 | $7.1M | Reduce -2.4% |
| KMI Kinder Morgan Inc. | 0.57% | 247,089 | $7.0M | Reduce -3.0% |
| KO The Coca-Cola Co. | 0.55% | 96,203 | $6.9M | Reduce -0.6% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.53% | 76,293 | $6.6M | Reduce -2.4% |
| RPM RPM International Inc. | 0.53% | 56,620 | $6.5M | Reduce -2.6% |
| CAT Caterpillar Inc. | 0.49% | 18,451 | $6.1M | Add +16.8% |
| CLF Cleveland-Cliffs Inc. | 0.46% | 696,853 | $5.7M | Reduce -1.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 10,064 | $5.4M | Add +3.3% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | 0.43% | 5,499,000 | $5.3M | No change |
| MLPA Global X MLP ETF | 0.41% | 96,399 | $5.1M | Add +18.3% |
| T AT&T Inc. | 0.39% | 170,662 | $4.8M | Reduce -1.5% |
| GIS General Mills Inc. | 0.37% | 78,023 | $4.7M | Reduce -3.7% |
| TECK Teck Resources Ltd.-CLS B | 0.37% | 127,753 | $4.7M | Reduce -1.9% |
| IONS Ionis Pharmaceuticals Inc. | 0.37% | 154,147 | $4.7M | Add +3.6% |
| EVOLENT HEALTH INC (EVH 1.5 10/15/25) | 0.36% | 4,602,000 | $4.5M | Reduce -4.7% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | 0.35% | 4,476,000 | $4.3M | Reduce -2.8% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | 0.34% | 4,037,000 | $4.2M | Reduce -1.3% |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | 0.32% | 4,210,000 | $4.0M | Reduce -3.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.31% | 6,984 | $3.9M | Add +7.2% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | 0.31% | 4,080,000 | $3.9M | Reduce -2.9% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | 0.30% | 4,120,000 | $3.8M | Reduce -3.2% |
| WPM Wheaton Precious Metals Corp. | 0.29% | 46,905 | $3.6M | Reduce -5.6% |
| MAC The Macerich Co. | 0.29% | 211,868 | $3.6M | Reduce -4.9% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | 0.29% | 3,512,000 | $3.6M | Reduce -1.4% |
| MICROCHIP TECHNOLOGY INC (MCHP 1.625 02/15/27) | 0.28% | 2,335,000 | $3.4M | Reduce -1.1% |
| OMEROS CORP (OMER 5.25 02/15/26) | 0.26% | 3,499,000 | $3.3M | Reduce -0.4% |
| GLW Corning Inc. | 0.26% | 70,091 | $3.2M | Reduce -0.4% |
| PSX Phillips 66 | 0.26% | 25,896 | $3.2M | Reduce -1.1% |
| TXRH Texas Roadhouse Inc. | 0.25% | 18,667 | $3.1M | Reduce -2.2% |
| MGM MGM Resorts International | 0.24% | 101,840 | $3.0M | Reduce -2.3% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | 0.23% | 2,275,000 | $2.9M | Reduce -0.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.23% | 6,051 | $2.8M | Add +18.5% |
| ETSY INC (ETSY 0.25 06/15/28) | 0.22% | 3,219,000 | $2.7M | Reduce -2.6% |
| ITW Illinois Tool Works | 0.22% | 10,946 | $2.7M | Reduce -2.7% |
| WM Waste Management Inc. | 0.21% | 11,454 | $2.7M | Reduce -0.5% |
| IVV iShares Core S&P 500 ETF | 0.20% | 4,503 | $2.5M | Reduce -5.6% |
| LLY Eli Lilly & Co. | 0.20% | 3,050 | $2.5M | Add +4.3% |
| EPD Enterprise Products Partners | 0.20% | 73,367 | $2.5M | Add +10.2% |
| VOO Vanguard S&P 500 ETF | 0.19% | 4,710 | $2.4M | Reduce -5.8% |
| SON Sonoco Products Co. | 0.19% | 51,069 | $2.4M | Add +1.7% |
| ENVX Enovix Corp. | 0.19% | 324,449 | $2.4M | Add +17.6% |
| FITB Fifth Third Bancorp | 0.19% | 60,481 | $2.4M | Add +0.9% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.19% | 107,358 | $2.4M | Add +114.9% |
| TSLA Tesla Inc. | 0.19% | 9,035 | $2.3M | Reduce -8.6% |
| PNW Pinnacle West Capital | 0.18% | 24,064 | $2.3M | Add +1.2% |
| SYK Stryker Corp. | 0.17% | 5,532 | $2.1M | Add +0.2% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $17.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 437,977 | $17.8M | Add +8.9% |
Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q4 2024 → Q1 2025
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −1.82 |
| GOOG Alphabet Inc. Class C | Reduce -0.3% | 2.63% | −0.48 |
| AAPL Apple Inc. | Reduce -0.3% | 4.86% | −0.45 |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | Reduce -96.7% | 0.01% | −0.37 |
| ORCL Oracle Corp. | Reduce -0.0% | 2.04% | −0.31 |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | Sold out | 0.00% | −0.21 |
| EXACT SCIENCES CORP (EXAS 1 01/15/25) | Sold out | 0.00% | −0.17 |
| INTC Intel Corp. | Sold out | 0.00% | −0.15 |
| GOOGL Alphabet Inc. Class A | Reduce -0.9% | 0.63% | −0.12 |
| TSLA Tesla Inc. | Reduce -8.6% | 0.19% | −0.12 |
| IRM Iron Mountain Inc. | Reduce -2.4% | 0.53% | −0.11 |
| ADBE Adobe Inc. | Reduce -0.5% | 0.65% | −0.08 |
| USB US Bancorp | Reduce -1.4% | 0.74% | −0.08 |
| EMR Emerson Electric Co. | Reduce -0.6% | 0.69% | −0.07 |
| CLF Cleveland-Cliffs Inc. | Reduce -1.5% | 0.46% | −0.06 |
| MAC The Macerich Co. | Reduce -4.9% | 0.29% | −0.05 |
| MGM MGM Resorts International | Reduce -2.3% | 0.24% | −0.04 |
| TECK Teck Resources Ltd.-CLS B | Reduce -1.9% | 0.37% | −0.04 |
| HON Honeywell International Inc. | Reduce -2.4% | 0.57% | −0.03 |
| MICROCHIP TECHNOLOGY INC (MCHP 1.625 02/15/27) | Reduce -1.1% | 0.28% | −0.03 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.03 |
| RPM RPM International Inc. | Reduce -2.6% | 0.53% | −0.03 |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | Reduce -3.2% | 1.13% | −0.03 |
| GIS General Mills Inc. | Reduce -3.7% | 0.37% | −0.03 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.02 |
| LRCX Lam Research Corp. | Reduce -48.8% | 0.02% | −0.02 |
| GNTX Gentex Corp. | Sold out | 0.00% | −0.02 |
| CGNX Cognex Corp. | Reduce -1.1% | 0.11% | −0.02 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.02 |
| TXRH Texas Roadhouse Inc. | Reduce -2.2% | 0.25% | −0.02 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.02 |
| NXST Nexstar Media Group Inc. | Sold out | 0.00% | −0.02 |
| IVV iShares Core S&P 500 ETF | Reduce -5.6% | 0.20% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -5.8% | 0.19% | −0.01 |
| XLK SS Technology Select Sector | Reduce -14.7% | 0.05% | −0.01 |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | Reduce -1.4% | 0.29% | −0.01 |
| VISHAY INTERTECHNOLOGY (VSH 2.25 06/15/25) | Reduce -5.1% | 0.87% | −0.01 |
| CHI Calamos Convert Opport & Inc. | Reduce -35.5% | 0.01% | −0.01 |
| AGNT Agnt Inc. | Reduce -6.7% | 0.05% | −0.01 |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | Reduce -2.8% | 0.35% | −0.01 |
| BV Brightview Holdings Inc. | Reduce -9.9% | 0.03% | −0.01 |
| ONTO Onto Innovation Inc. | Reduce -3.0% | 0.03% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -8.0% | 0.09% | −0.01 |
| SHOP Shopify Inc. Class A | Reduce -26.9% | 0.02% | −0.01 |
| GVA Granite Construction Inc. | Reduce -23.6% | 0.02% | −0.01 |
| NCZ Virtus Convertible & Inc. FD | Sold out | 0.00% | −0.01 |
| PTLO Portillo's Inc. Class A | Sold out | 0.00% | −0.01 |
| NCV Virtus Convertible & Income | Sold out | 0.00% | −0.01 |
| CSX CSX Corp. | Reduce -2.7% | 0.08% | −0.01 |
| QUAL iShares MSCI USA Quality Fac | Reduce -22.5% | 0.02% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| AJG Arthur J Gallagher & Co. | Add +0.2% | 2.80% | +0.58 |
| RSG Republic Services Inc. | Add +0.3% | 2.47% | +0.49 |
| EVRG Evergy Inc. | Add +11.2% | 1.23% | +0.28 |
| JNJ Johnson & Johnson | Add +2.5% | 1.44% | +0.26 |
| V Visa Inc. Class A | Add +3.7% | 1.51% | +0.24 |
| CVX Chevron Corp. | Add +5.1% | 1.17% | +0.24 |
| WPC WP Carey Inc. | Add +12.3% | 0.90% | +0.23 |
| VLO Valero Energy Corp. | Add +2.8% | 1.77% | +0.22 |
| KLAC KLA Corp. | Add +0.9% | 1.77% | +0.20 |
| MCD McDonald's Corp. | Add +6.4% | 1.22% | +0.19 |
| MDT Medtronic PLC | Add +6.3% | 0.99% | +0.19 |
| COST Costco Wholesale Corp. | Add +0.2% | 2.63% | +0.17 |
| PAYX Paychex Inc. | Add +2.8% | 1.18% | +0.17 |
| CSCO Cisco Systems Inc. | Add +1.9% | 1.74% | +0.16 |
| VICI Vici Properties Inc. | Add +2.2% | 0.98% | +0.15 |
| JPM JPMorgan Chase & Co. | Add +0.7% | 2.25% | +0.14 |
| VZ Verizon Communications Inc. | Add +1.4% | 0.73% | +0.12 |
| UNP Union Pacific Corp. | Add +1.1% | 1.31% | +0.10 |
| MLPA Global X MLP ETF | Add +18.3% | 0.41% | +0.10 |
| UNH Unitedhealth Group Inc. | Add +2.4% | 1.01% | +0.09 |
| PFE Pfizer Inc. | Add +13.4% | 0.83% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.3% | 0.43% | +0.09 |
| META Meta Platforms Inc. Class A | Add +2.4% | 1.93% | +0.08 |
| CRM Salesforce Inc. | Add +36.0% | 0.66% | +0.08 |
| SHOE Shoe Station Group Inc. | Add +114.9% | 0.19% | +0.06 |
| CIO City Office REIT Inc. | New | 0.05% | +0.05 |
| CAT Caterpillar Inc. | Add +16.8% | 0.49% | +0.04 |
| EPD Enterprise Products Partners | Add +10.2% | 0.20% | +0.04 |
| PM Philip Morris International | Add +0.6% | 0.14% | +0.04 |
| ABBV Abbvie Inc. | Add +2.4% | 0.16% | +0.03 |
| VYM Vanguard High DVD Yield ETF | New | 0.03% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +53.2% | 0.08% | +0.03 |
| LYB Lyondellbasell Indu Class A | Add +5.8% | 0.82% | +0.03 |
| VGSH Vanguard Short-Term Treasury | New | 0.03% | +0.03 |
| SCHD Schwab US DVD Equity ETF | Add +47.1% | 0.08% | +0.03 |
| SCHB Schwab US Broad Market ETF | New | 0.03% | +0.03 |
| PNW Pinnacle West Capital | Add +1.2% | 0.18% | +0.03 |
| PEP Pepsico Inc. | Add +0.3% | 1.23% | +0.03 |
| LLY Eli Lilly & Co. | Add +4.3% | 0.20% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +18.5% | 0.23% | +0.03 |
| PDM Piedmont Realty Trust Inc. | New | 0.02% | +0.02 |
| CI The Cigna Group | New | 0.02% | +0.02 |
| CVS CVS Health Corp. | Add +36.9% | 0.04% | +0.02 |
| MO Altria Group Inc. | Add +6.3% | 0.09% | +0.02 |
| CAH Cardinal Health Inc. | New | 0.02% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +7.2% | 0.31% | +0.02 |
| PHYS Sprott Physical Gold Trust | New | 0.02% | +0.02 |
| AZN Astrazeneca PLC-Spons ADR | New | 0.02% | +0.02 |
| UGI Ugi Corp. | New | 0.02% | +0.02 |
| MU Micron Technology Inc. | New | 0.02% | +0.02 |
Notes & Other Activity Q4 2024 → Q1 2025
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Add +8.9% | 437,977 | $17.8M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 301 | $1.4B | MSFT, AAPL, ORCL, GOOG, AVGO |
| Q2 2025 | 303 | $1.3B | MSFT, AAPL, ORCL, GOOG, AVGO |
| Q1 2025 | 301 | $1.2B | AAPL, MSFT, AJG, GOOG, COST |
| Q4 2024 | 297 | $1.3B | AAPL, MSFT, GOOG, COST, ORCL |
| Q3 2024 | 287 | $1.3B | AAPL, MSFT, GOOG, COST, ORCL |
| Q2 2024 | 282 | $1.3B | MSFT, AAPL, GOOG, VLO, QCOM |
| Q1 2024 | 283 | $1.3B | MSFT, AAPL, GOOG, VLO, QCOM |