Sterling Investment Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 22, 2026), Sterling Investment Management, LLC reported 66 stock positions worth $182.3 million. Its top holding was Vanguard Mortgage-Backed Sec (VMBS) at 8.2% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 6.7%) and SPDR Gold Shares (GLD, 6.5%). Compared with Q1 2026, it opened 7 new positions, sold out of 6, added to 5 and reduced 50. The biggest buy was a new position in Janus Henderson Aaa Clo ETF (JAAA) and the biggest sale an exit from Walmart (WMT).
- Most Recent 13F
- Q2 2026
- Location
- TUCSON, AZ
- CIK
- 0001509873
- Portfolio Value
- $182.3M (Q2 2026)
- SEC Filing
- 0001509873-26-000007 ↗ filed Jul 22, 2026
Holdings Value
Holdings 66 stocks · $182.3M
| VMBS Vanguard Mortgage-Backed Sec | 8.21% | 319,916 | $15.0M | Reduce -2.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.67% | 24,309 | $12.2M | Reduce -6.1% |
| GLD SPDR Gold Shares | 6.49% | 32,128 | $11.8M | Reduce -2.5% |
| GE General Electric filed as GE AEROSPACE | 5.58% | 27,228 | $10.2M | Add +4.3% |
| JAAA Janus Henderson Aaa Clo ETF | 4.90% | 176,782 | $8.9M | New |
| SPGI S&P Global Inc. | 4.37% | 19,581 | $8.0M | Reduce -2.5% |
| SH Proshares Short S&P500 | 4.18% | 230,707 | $7.6M | New |
| MCO Moody's Corp. | 3.91% | 15,745 | $7.1M | Reduce -2.4% |
| V Visa Inc. Class A | 3.88% | 20,608 | $7.1M | Reduce -5.3% |
| XLE SS Energy Select Sector | 3.42% | 117,244 | $6.2M | New |
| GOOG Alphabet Inc. Class C | 3.23% | 16,687 | $5.9M | Reduce -29.9% |
| MSFT Microsoft Corp. | 2.89% | 14,108 | $5.3M | Reduce -5.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 2.88% | 7 | $5.2M | No change |
| AMLP Alerian MLP ETF | 2.71% | 95,348 | $4.9M | Reduce -2.7% |
| PEP Pepsico Inc. | 2.41% | 32,450 | $4.4M | Reduce -2.2% |
| CP Canadian Pacific Kansas City | 2.34% | 49,188 | $4.3M | Reduce -2.3% |
| BSV Vanguard Short-Term Bond ETF | 2.12% | 49,654 | $3.9M | Reduce -7.8% |
| CCJ Cameco Corp. | 1.89% | 33,778 | $3.4M | Reduce -1.0% |
| WM Waste Management Inc. | 1.76% | 14,390 | $3.2M | Reduce -2.5% |
| PSQ Proshares Short QQQ | 1.67% | 121,827 | $3.1M | New |
| BIV Vanguard Intermediate-Term B | 1.45% | 34,381 | $2.6M | Reduce -8.6% |
| AAPL Apple Inc. | 1.36% | 8,567 | $2.5M | Reduce -8.4% |
| VBIL Vanguard 0-3M T-Bill ETF | 1.25% | 30,037 | $2.3M | Reduce -21.8% |
| SAP Sap SE-Sponsored ADR | 1.25% | 14,741 | $2.3M | Add +142.0% |
| BA The Boeing Co. | 1.20% | 10,117 | $2.2M | Reduce -3.3% |
| SCHZ Schwab US Aggregate Bond ETF | 1.15% | 90,553 | $2.1M | Reduce -0.6% |
| VTI VG Morningstar TS MKT ETF-US | 1.10% | 5,440 | $2.0M | Reduce -10.6% |
| BNDX Vanguard Total Intl Bond ETF | 1.09% | 41,212 | $2.0M | Reduce -8.7% |
| KMB Kimberly-Clark Corp. | 1.01% | 16,801 | $1.8M | Reduce -1.8% |
| VWO Vanguard Ftse Emerging Marke | 1.00% | 30,575 | $1.8M | Reduce -4.6% |
| VEA Vanguard Ftse Developed ETF | 0.81% | 20,809 | $1.5M | Reduce -10.4% |
| RIO Rio Tinto PLC-Spon ADR | 0.80% | 15,351 | $1.5M | Reduce -3.9% |
| UBER Uber Technologies Inc. | 0.79% | 19,985 | $1.4M | Reduce -0.9% |
| FER Ferrovial NV | 0.70% | 18,631 | $1.3M | Reduce -3.0% |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.57% | 9,719 | $1.0M | Reduce -2.4% |
| SCHD Schwab US DVD Equity ETF | 0.54% | 31,331 | $994K | Reduce -6.1% |
| XLK SS Technology Select Sector | 0.53% | 5,110 | $974K | Reduce -19.5% |
| TFC Truist Financial Corp. | 0.53% | 19,287 | $961K | Reduce -2.1% |
| CVX Chevron Corp. | 0.51% | 5,596 | $928K | Reduce -2.2% |
| PSA Public Storage | 0.51% | 2,897 | $922K | Reduce -2.4% |
| MO Altria Group Inc. | 0.49% | 12,535 | $902K | Reduce -1.8% |
| PFE Pfizer Inc. | 0.46% | 34,466 | $830K | Reduce -1.9% |
| VZ Verizon Communications Inc. | 0.45% | 19,440 | $823K | Reduce -2.0% |
| DHR Danaher Corp. | 0.42% | 4,049 | $771K | Reduce -0.3% |
| SCHF Schwab Intl Equity ETF | 0.39% | 25,510 | $707K | Reduce -3.0% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.37% | 25,437 | $675K | Reduce -1.8% |
| BLV Vanguard Long-Term Bond ETF | 0.36% | 9,576 | $660K | Reduce -8.5% |
| AVB Avalonbay Communities Inc. | 0.34% | 3,293 | $621K | Reduce -31.7% |
| ABBV Abbvie Inc. | 0.33% | 2,367 | $596K | Reduce -6.8% |
| JPM JPMorgan Chase & Co. | 0.31% | 1,735 | $568K | Reduce -21.1% |
| IJR iShares Core S&P Small-Cap E | 0.23% | 2,797 | $415K | Reduce -10.7% |
| JNJ Johnson & Johnson | 0.20% | 1,453 | $369K | Reduce -86.8% |
| XLF SS Financial Select Sector | 0.18% | 6,048 | $324K | Reduce -10.1% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.17% | 8,662 | $314K | Reduce -2.6% |
| XLC SS Comm Select Sector SPDR | 0.16% | 2,687 | $288K | Add +21.3% |
| FDL First Trust Morn DVD Lead Inc. | 0.15% | 5,800 | $282K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.15% | 1,256 | $274K | No change |
| GS Goldman Sachs Group Inc. | 0.15% | 270 | $273K | Reduce -53.0% |
| AMZN Amazon.com Inc. | 0.14% | 1,075 | $256K | Add +8.6% |
| XLY SS Consumer Disc Select Sect | 0.14% | 2,146 | $252K | Reduce -10.0% |
| XLV SS Health Care Select Sector | 0.14% | 1,565 | $248K | New |
| XLI SS Industrial Select Sector | 0.13% | 1,317 | $244K | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 0.12% | 628 | $224K | New |
| NVDA Nvidia Corp. | 0.12% | 1,097 | $220K | Reduce -34.6% |
| KO The Coca-Cola Co. | 0.12% | 2,680 | $218K | No change |
| MRK Merck & Co. Inc. | 0.12% | 1,661 | $213K | New |
Portfolio Sells Q1 2026 → Q2 2026
| WMT Walmart Inc. | Sold out | 0.00% | −2.28 |
| GLD SPDR Gold Shares | Reduce -2.5% | 6.49% | −2.01 |
| JNJ Johnson & Johnson | Reduce -86.8% | 0.20% | −1.41 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -2.7% | 8.21% | −1.04 |
| GOOG Alphabet Inc. Class C | Reduce -29.9% | 3.23% | −0.86 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -6.1% | 6.67% | −0.77 |
| JOE The St Joe Co. | Sold out | 0.00% | −0.77 |
| SPGI S&P Global Inc. | Reduce -2.5% | 4.37% | −0.75 |
| PEP Pepsico Inc. | Reduce -2.2% | 2.41% | −0.68 |
| VBIL Vanguard 0-3M T-Bill ETF | Reduce -21.8% | 1.25% | −0.50 |
| MSFT Microsoft Corp. | Reduce -5.5% | 2.89% | −0.43 |
| BSV Vanguard Short-Term Bond ETF | Reduce -7.8% | 2.12% | −0.41 |
| AMLP Alerian MLP ETF | Reduce -2.7% | 2.71% | −0.38 |
| CCJ Cameco Corp. | Reduce -1.0% | 1.89% | −0.34 |
| MCO Moody's Corp. | Reduce -2.4% | 3.91% | −0.31 |
| BIV Vanguard Intermediate-Term B | Reduce -8.6% | 1.45% | −0.29 |
| WM Waste Management Inc. | Reduce -2.5% | 1.76% | −0.28 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -8.7% | 1.09% | −0.21 |
| CVX Chevron Corp. | Reduce -2.2% | 0.51% | −0.20 |
| CNI Canadian Natl Railway Co. | Sold out | 0.00% | −0.17 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.16 |
| VZ Verizon Communications Inc. | Reduce -2.0% | 0.45% | −0.15 |
| GS Goldman Sachs Group Inc. | Reduce -53.0% | 0.15% | −0.14 |
| PFE Pfizer Inc. | Reduce -1.9% | 0.46% | −0.14 |
| AVB Avalonbay Communities Inc. | Reduce -31.7% | 0.34% | −0.13 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.13 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.12 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -0.6% | 1.15% | −0.12 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -3.9% | 0.80% | −0.09 |
| VEA Vanguard Ftse Developed ETF | Reduce -10.4% | 0.81% | −0.08 |
| UBER Uber Technologies Inc. | Reduce -0.9% | 0.79% | −0.08 |
| JPM JPMorgan Chase & Co. | Reduce -21.1% | 0.31% | −0.08 |
| BLV Vanguard Long-Term Bond ETF | Reduce -8.5% | 0.36% | −0.07 |
| SCHD Schwab US DVD Equity ETF | Reduce -6.1% | 0.54% | −0.07 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -10.6% | 1.10% | −0.07 |
| V Visa Inc. Class A | Reduce -5.3% | 3.88% | −0.07 |
| AAPL Apple Inc. | Reduce -8.4% | 1.36% | −0.06 |
| NVDA Nvidia Corp. | Reduce -34.6% | 0.12% | −0.06 |
| VICI Vici Properties Inc. | Reduce -1.8% | 0.37% | −0.05 |
| FER Ferrovial NV | Reduce -3.0% | 0.70% | −0.05 |
| BA The Boeing Co. | Reduce -3.3% | 1.20% | −0.05 |
| DHR Danaher Corp. | Reduce -0.3% | 0.42% | −0.04 |
| VWO Vanguard Ftse Emerging Marke | Reduce -4.6% | 1.00% | −0.04 |
| CP Canadian Pacific Kansas City | Reduce -2.3% | 2.34% | −0.04 |
| XLF SS Financial Select Sector | Reduce -10.1% | 0.18% | −0.02 |
| XLY SS Consumer Disc Select Sect | Reduce -10.0% | 0.14% | −0.02 |
| KOF Coca-Cola Femsa Sab-SP ADR | Reduce -2.4% | 0.57% | −0.02 |
| TFC Truist Financial Corp. | Reduce -2.1% | 0.53% | −0.02 |
| MO Altria Group Inc. | Reduce -1.8% | 0.49% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -10.7% | 0.23% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| JAAA Janus Henderson Aaa Clo ETF | New | 4.90% | +4.90 |
| SH Proshares Short S&P500 | New | 4.18% | +4.18 |
| XLE SS Energy Select Sector | New | 3.42% | +3.42 |
| PSQ Proshares Short QQQ | New | 1.67% | +1.67 |
| GE General Electric | Add +4.3% | 5.58% | +1.14 |
| SAP Sap SE-Sponsored ADR | Add +142.0% | 1.25% | +0.62 |
| XLV SS Health Care Select Sector | New | 0.14% | +0.14 |
| GOOGL Alphabet Inc. Class A | New | 0.12% | +0.12 |
| MRK Merck & Co. Inc. | New | 0.12% | +0.12 |
| AMZN Amazon.com Inc. | Add +8.6% | 0.14% | +0.02 |
| XLC SS Comm Select Sector SPDR | Add +21.3% | 0.16% | +0.01 |
| XLI SS Industrial Select Sector | Add +0.1% | 0.13% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 66 | $182.3M | VMBS, BRK.B, GLD, GE, JAAA |
| Q1 2026 | 65 | $166.7M | VMBS, GLD, BRK.B, SPGI, GE |
| Q4 2025 | 69 | $176.3M | VMBS, BRK.B, GLD, GE, GOOG |
| Q3 2025 | 66 | $166.5M | VMBS, BRK.B, GLD, BIL, SPGI |
| Q2 2025 | 56 | $151.0M | BRK.B, GLD, VMBS, BIL, CNI |
| Q1 2025 | 54 | $140.5M | BRK.B, VMBS, GLD, BIL, BRK.A |
| Q4 2024 | 56 | $127.4M | BRK.B, GLD, BIL, GOOG, BRK.A |
| Q3 2024 | 57 | $131.8M | BRK.B, BIL, GLD, BND, BRK.A |
| Q2 2024 | 58 | $131.6M | BRK.B, BIL, GLD, BND, MSFT |
| Q1 2024 | 62 | $141.8M | BRK.B, BRK.A, BIL, GLD, BND |