Stockman Wealth Management, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 17, 2024), Stockman Wealth Management, Inc. reported 179 stock positions worth $566.4 million. Its top holding was iShares Core S&P Small-Cap E (IJR) at 7.4% of the portfolio, followed by iShares 1-5Y Inv Grade (IGSB, 4.6%) and Microsoft (MSFT, 3.6%). Compared with Q4 2023, it opened 9 new positions, sold out of 6, added to 88 and reduced 51. The biggest buy was a new position in Medtronic (MDT) and the biggest sale CVS Health (CVS, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- BILLINGS, MT
- CIK
- 0001389400
- Portfolio Value
- $566.4M (Q1 2024)
- SEC Filing
- 0001389400-24-000002 ↗ filed Apr 17, 2024
Holdings Value
Holdings 179 stocks · $566.4M
| IJR iShares Core S&P Small-Cap E | 7.36% | 377,213 | $41.7M | Add +7.4% |
| IGSB iShares 1-5Y Inv Grade Corp. | 4.58% | 505,663 | $25.9M | Add +27.8% |
| MSFT Microsoft Corp. | 3.62% | 48,784 | $20.5M | Reduce -6.3% |
| IDEV iShares Core MSCI Dev MKTS | 3.32% | 279,908 | $18.8M | Add +6.1% |
| AAPL Apple Inc. | 3.00% | 99,251 | $17.0M | Add +0.0% |
| AMZN Amazon.com Inc. | 2.84% | 89,318 | $16.1M | Reduce -5.4% |
| JPM JPMorgan Chase & Co. | 2.76% | 77,956 | $15.6M | Reduce -4.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.75% | 36,978 | $15.5M | Reduce -3.1% |
| MRK Merck & Co. Inc. | 2.54% | 109,044 | $14.4M | Reduce -1.8% |
| ASML ASML Holding NV-NY Reg SHS | 2.50% | 14,609 | $14.2M | Reduce -3.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.46% | 72,878 | $13.9M | Reduce -5.5% |
| CAT Caterpillar Inc. | 2.36% | 36,446 | $13.4M | Reduce -6.0% |
| COST Costco Wholesale Corp. | 2.28% | 17,631 | $12.9M | Reduce -2.8% |
| VWO Vanguard Ftse Emerging Marke | 1.98% | 268,434 | $11.2M | Add +12.6% |
| CSCO Cisco Systems Inc. | 1.95% | 221,075 | $11.0M | Add +2.7% |
| CRH CRH PLC | 1.94% | 127,117 | $11.0M | Reduce -3.8% |
| USB US Bancorp | 1.90% | 240,881 | $10.8M | Reduce -1.1% |
| PG The Procter & Gamble Co. | 1.82% | 63,404 | $10.3M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 1.77% | 86,297 | $10.0M | Add +3.1% |
| PEP Pepsico Inc. | 1.74% | 56,191 | $9.8M | Add +5.7% |
| GOOGL Alphabet Inc. Class A | 1.73% | 65,105 | $9.8M | Add +3.0% |
| CVX Chevron Corp. | 1.63% | 58,554 | $9.2M | Add +3.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.59% | 236,881 | $9.0M | Add +0.3% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.54% | 158,822 | $8.7M | Add +4.3% |
| HON Honeywell International Inc. | 1.49% | 41,183 | $8.5M | Add +2.4% |
| F Ford Motor Co. filed as FORD MTR CO DEL | 1.48% | 630,510 | $8.4M | Add +2.6% |
| GSK GSK PLC-Spon ADR | 1.45% | 191,132 | $8.2M | Add +1.2% |
| LMT Lockheed Martin Corp. | 1.37% | 17,099 | $7.8M | Add +3.0% |
| MDT Medtronic PLC | 1.37% | 88,927 | $7.7M | New |
| NVDA Nvidia Corp. | 1.33% | 8,326 | $7.5M | Add +64.0% |
| HD Home Depot Inc. | 1.30% | 19,127 | $7.3M | Reduce -0.8% |
| PFE Pfizer Inc. | 1.27% | 260,087 | $7.2M | Add +17.8% |
| LOW Lowe's Cos Inc. | 1.26% | 28,077 | $7.2M | Add +0.1% |
| SYY Sysco Corp. | 1.21% | 84,641 | $6.9M | Add +2.3% |
| XLK SS Technology Select Sector | 1.19% | 32,462 | $6.8M | Add +3.5% |
| SMCI Super Micro Computer Inc. | 1.13% | 6,351 | $6.4M | New |
| VZ Verizon Communications Inc. | 1.10% | 148,048 | $6.2M | Add +2.9% |
| NWE Northwestern Energy Group Inc. | 0.84% | 93,556 | $4.8M | Add +9.0% |
| XLF SS Financial Select Sector | 0.83% | 112,083 | $4.7M | Add +5.8% |
| IVV iShares Core S&P 500 ETF | 0.82% | 8,835 | $4.6M | Reduce -3.5% |
| XLV SS Health Care Select Sector | 0.70% | 26,893 | $4.0M | Add +6.7% |
| XLP SS Consumer Staples Sel Sect | 0.65% | 48,261 | $3.7M | Add +10.3% |
| XLY SS Consumer Disc Select Sect | 0.60% | 18,347 | $3.4M | Add +7.4% |
| XLI SS Industrial Select Sector | 0.51% | 23,132 | $2.9M | Add +7.1% |
| IBTH iShares Ibonds Dec 2027 Term | 0.49% | 124,744 | $2.8M | Add +15.2% |
| IBTJ iShares Ibonds Dec 2029 Term | 0.48% | 125,276 | $2.7M | Add +23.6% |
| XLE SS Energy Select Sector | 0.47% | 28,381 | $2.7M | Add +13.4% |
| FIBK First Interstate Bancsys-A | 0.46% | 95,714 | $2.6M | Reduce -0.5% |
| VOO Vanguard S&P 500 ETF | 0.41% | 4,809 | $2.3M | Add +2.5% |
| IBTI iShares Ibonds Dec 2028 Term | 0.39% | 100,558 | $2.2M | Add +29.5% |
| IBTF iShares Ibonds Dec 2025 Term | 0.38% | 93,694 | $2.2M | Add +12.0% |
| IBTK iShares Ibonds Dec 2030 Trea | 0.37% | 109,356 | $2.1M | Add +31.9% |
| IBTG iShares Ibonds Dec 2026 Term | 0.37% | 92,329 | $2.1M | Add +21.9% |
| IBTE iShares Ibonds Dec 2024 Term | 0.35% | 83,176 | $2.0M | Add +13.9% |
| AGG iShares Core U.S. Aggregate | 0.33% | 19,232 | $1.9M | Add +5.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.33% | 7,156 | $1.9M | Reduce -22.0% |
| LLY Eli Lilly & Co. | 0.32% | 2,330 | $1.8M | Add +3.4% |
| XLC SS Comm Select Sector SPDR | 0.32% | 21,939 | $1.8M | Add +4.4% |
| SCHX Schwab US Large-Cap ETF | 0.32% | 28,847 | $1.8M | Reduce -3.7% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.31% | 22,940 | $1.8M | No change |
| USAC USA Compression Partners LP | 0.26% | 56,001 | $1.5M | Reduce -1.8% |
| ET Energy Transfer LP | 0.24% | 86,916 | $1.4M | No change |
| JNJ Johnson & Johnson | 0.22% | 7,885 | $1.2M | Reduce -7.4% |
| IJH iShares Core S&P Midcap ETF | 0.22% | 20,230 | $1.2M | Reduce -3.7% |
| GOOG Alphabet Inc. Class C | 0.21% | 7,959 | $1.2M | Add +0.3% |
| QCOM Qualcomm Inc. | 0.20% | 6,594 | $1.1M | Reduce -2.5% |
| EFA iShares MSCI Eafe ETF | 0.20% | 13,964 | $1.1M | Add +1.6% |
| SCHZ Schwab US Aggregate Bond ETF | 0.17% | 21,240 | $977K | No change |
| EPD Enterprise Products Partners | 0.17% | 33,265 | $971K | Add +2.8% |
| EMR Emerson Electric Co. | 0.16% | 7,943 | $901K | Reduce -3.2% |
| IVW iShares S&P 500 Growth ETF | 0.16% | 10,466 | $884K | No change |
| XLB SS Materials Select Sector | 0.15% | 9,400 | $873K | Add +15.0% |
| AZN Astrazeneca PLC-Spons ADR | 0.15% | 12,728 | $862K | Add +1.0% |
| OKE Oneok Inc. | 0.15% | 10,605 | $850K | Add +0.1% |
| SCHB Schwab US Broad Market ETF | 0.15% | 13,501 | $824K | Reduce -5.1% |
| LMBS First Trust Low Duration Opp | 0.14% | 16,906 | $816K | Reduce -26.8% |
| IWF iShares Russell 1000 Growth | 0.14% | 2,366 | $797K | Reduce -17.0% |
| HTLF Heartland Financial USA Inc. | 0.14% | 21,895 | $770K | New |
| ORCL Oracle Corp. | 0.14% | 6,100 | $766K | Reduce -0.5% |
| ABT Abbott Laboratories | 0.13% | 6,359 | $723K | Reduce -2.7% |
| USA Liberty All Star Equity Fund | 0.13% | 99,563 | $712K | No change |
| IBDR iShares Ibonds Dec 2026 Term | 0.12% | 28,947 | $690K | Reduce -7.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.12% | 2,988 | $683K | No change |
| APH Amphenol Corp. Class A | 0.12% | 5,903 | $681K | Add +0.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.12% | 10,271 | $674K | Add +11.5% |
| V Visa Inc. Class A | 0.11% | 2,307 | $644K | Add +2.0% |
| AM Antero Midstream Corp. | 0.11% | 45,000 | $633K | No change |
| FPE FT-Preferred Secur & Inc. ETF | 0.11% | 35,716 | $619K | Add +0.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.11% | 2,462 | $615K | Add +1.6% |
| MCD McDonald's Corp. | 0.11% | 2,174 | $613K | Reduce -4.1% |
| BKNG Booking Holdings Inc. | 0.11% | 166 | $602K | No change |
| DUK Duke Energy Corp. | 0.10% | 5,916 | $572K | Add +0.3% |
| THW Abrdn World Healthcare Fund | 0.10% | 42,609 | $564K | No change |
| IWM iShares Russell 2000 ETF | 0.10% | 2,654 | $558K | Add +1.2% |
| KO The Coca-Cola Co. | 0.10% | 9,013 | $551K | Reduce -6.2% |
| WM Waste Management Inc. | 0.10% | 2,540 | $541K | Reduce -0.9% |
| BSV Vanguard Short-Term Bond ETF | 0.09% | 6,933 | $532K | Add +11.7% |
| COP Conocophillips | 0.09% | 4,174 | $531K | Add +0.1% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.09% | 21,026 | $524K | Reduce -8.1% |
| IVE iShares S&P 500 Value ETF | 0.09% | 2,800 | $523K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| CVS CVS Health Corp. | Reduce -96.2% | 0.05% | −1.48 |
| MSFT Microsoft Corp. | Reduce -6.3% | 3.62% | −0.28 |
| USB US Bancorp | Reduce -1.1% | 1.90% | −0.20 |
| FIBK First Interstate Bancsys-A | Reduce -0.5% | 0.46% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -2.8% | 2.28% | −0.11 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -22.0% | 0.33% | −0.11 |
| LMBS First Trust Low Duration Opp | Reduce -26.8% | 0.14% | −0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.07 |
| IBM Intl Business Machines Corp. | Reduce -5.5% | 2.46% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -3.5% | 0.82% | −0.05 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.05 |
| JNJ Johnson & Johnson | Reduce -7.4% | 0.22% | −0.05 |
| QQQM Invesco Nasdaq 100 ETF | Sold out | 0.00% | −0.04 |
| TSLA Tesla Inc. | Reduce -3.5% | 0.07% | −0.04 |
| GBCI Glacier Bancorp Inc. | Sold out | 0.00% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -0.1% | 1.82% | −0.04 |
| HD Home Depot Inc. | Reduce -0.8% | 1.30% | −0.04 |
| T AT&T Inc. | Sold out | 0.00% | −0.04 |
| COLB Columbia Banking System Inc. | Reduce -3.0% | 0.05% | −0.03 |
| IWF iShares Russell 1000 Growth | Reduce -17.0% | 0.14% | −0.03 |
| PDO PIMCO Dynamic Income Opport | Sold out | 0.00% | −0.03 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -7.8% | 0.12% | −0.03 |
| MCD McDonald's Corp. | Reduce -4.1% | 0.11% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -4.8% | 2.76% | −0.02 |
| IBDT iShares Ibonds Dec 2028 ETF | Reduce -8.1% | 0.09% | −0.02 |
| SCHX Schwab US Large-Cap ETF | Reduce -3.7% | 0.32% | −0.02 |
| AMZN Amazon.com Inc. | Reduce -5.4% | 2.84% | −0.02 |
| ABT Abbott Laboratories | Reduce -2.7% | 0.13% | −0.02 |
| KO The Coca-Cola Co. | Reduce -6.2% | 0.10% | −0.02 |
| IBDP iShares Ibonds Dec 2024 Term | Reduce -19.9% | 0.04% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -3.7% | 0.22% | −0.02 |
| SCHB Schwab US Broad Market ETF | Reduce -5.1% | 0.15% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Reduce -6.0% | 0.09% | −0.01 |
| IBMM iShares Ibonds Dec 2024 Term | Reduce -10.3% | 0.04% | −0.01 |
| IDCC Interdigital Inc. | Reduce -2.4% | 0.06% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -15.5% | 0.04% | −0.01 |
| MRSH Marsh & McLennan Cos | Reduce -5.5% | 0.09% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -5.5% | 0.07% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.0% | 0.05% | −0.01 |
| ADP Automatic Data Processing | Reduce -8.7% | 0.04% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -0.9% | 0.05% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -6.0% | 0.05% | −0.01 |
| GIS General Mills Inc. | Reduce -3.0% | 0.04% | −0.00 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.4% | 0.05% | −0.00 |
| EMR Emerson Electric Co. | Reduce -3.2% | 0.16% | −0.00 |
| TGT Target Corp. | Reduce -8.2% | 0.08% | +0.00 |
| QCOM Qualcomm Inc. | Reduce -2.5% | 0.20% | +0.00 |
| PSX Phillips 66 | Reduce -5.4% | 0.09% | +0.00 |
| WM Waste Management Inc. | Reduce -0.9% | 0.10% | +0.00 |
| USAC USA Compression Partners LP | Reduce -1.8% | 0.26% | +0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| MDT Medtronic PLC | New | 1.37% | +1.37 |
| SMCI Super Micro Computer Inc. | New | 1.13% | +1.13 |
| NVDA Nvidia Corp. | Add +64.0% | 1.33% | +0.83 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +27.8% | 4.58% | +0.53 |
| HTLF Heartland Financial USA Inc. | New | 0.14% | +0.14 |
| XOM Exxon Mobil Corp. | Add +3.1% | 1.77% | +0.10 |
| VXUS Vanguard Total Intl Stock | New | 0.07% | +0.07 |
| LLY Eli Lilly & Co. | Add +3.4% | 0.32% | +0.06 |
| XLE SS Energy Select Sector | Add +13.4% | 0.47% | +0.05 |
| GSK GSK PLC-Spon ADR | Add +1.2% | 1.45% | +0.05 |
| IBTK iShares Ibonds Dec 2030 Trea | Add +31.9% | 0.37% | +0.05 |
| IBTI iShares Ibonds Dec 2028 Term | Add +29.5% | 0.39% | +0.05 |
| AMAT Applied Materials Inc. | New | 0.04% | +0.04 |
| VLO Valero Energy Corp. | New | 0.04% | +0.04 |
| XLF SS Financial Select Sector | Add +5.8% | 0.83% | +0.04 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.04% | +0.04 |
| GE General Electric | New | 0.04% | +0.04 |
| VIG Vanguard Dividend Apprec ETF | New | 0.04% | +0.04 |
| IBTJ iShares Ibonds Dec 2029 Term | Add +23.6% | 0.48% | +0.04 |
| VWO Vanguard Ftse Emerging Marke | Add +12.6% | 1.98% | +0.03 |
| IBTG iShares Ibonds Dec 2026 Term | Add +21.9% | 0.37% | +0.02 |
| XLI SS Industrial Select Sector | Add +7.1% | 0.51% | +0.02 |
| XLP SS Consumer Staples Sel Sect | Add +10.3% | 0.65% | +0.02 |
| LOW Lowe's Cos Inc. | Add +0.1% | 1.26% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +12.9% | 0.07% | +0.02 |
| XLV SS Health Care Select Sector | Add +6.7% | 0.70% | +0.02 |
| VZ Verizon Communications Inc. | Add +2.9% | 1.10% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +29.7% | 0.07% | +0.01 |
| XLB SS Materials Select Sector | Add +15.0% | 0.15% | +0.01 |
| XLC SS Comm Select Sector SPDR | Add +4.4% | 0.32% | +0.01 |
| AVGO Broadcom Inc. | Add +10.1% | 0.08% | +0.01 |
| PGR Progressive Corp. | Add +0.0% | 0.08% | +0.01 |
| JEPI JPMorgan Equity Premium Inco | Add +18.8% | 0.09% | +0.01 |
| ABBV Abbvie Inc. | Add +4.1% | 0.09% | +0.01 |
| AMD Advanced Micro Devices | Add +1.0% | 0.07% | +0.01 |
| PFE Pfizer Inc. | Add +17.8% | 1.27% | +0.01 |
| SYY Sysco Corp. | Add +2.3% | 1.21% | +0.01 |
| TRV The Travelers Cos Inc. | Add +0.4% | 0.08% | +0.01 |
| SYK Stryker Corp. | Add +0.1% | 0.08% | +0.00 |
| IBTH iShares Ibonds Dec 2027 Term | Add +15.2% | 0.49% | +0.00 |
| IBTE iShares Ibonds Dec 2024 Term | Add +13.9% | 0.35% | +0.00 |
| AXP American Express Co. | Add +0.5% | 0.05% | +0.00 |
| XEXGX Eaton Vance Tax-Managed Glob | Add +15.6% | 0.05% | +0.00 |
| WFC Wells Fargo & Co. | Add +3.7% | 0.05% | +0.00 |
| APH Amphenol Corp. Class A | Add +0.1% | 0.12% | +0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +11.5% | 0.12% | +0.00 |
| BSTZ BlackRock Sci & Tech TRM TR | Add +3.6% | 0.04% | +0.00 |
| BIV Vanguard Intermediate-Term B | Add +17.1% | 0.09% | +0.00 |
| OKE Oneok Inc. | Add +0.1% | 0.15% | +0.00 |
| EPD Enterprise Products Partners | Add +2.8% | 0.17% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 178 | $967.7M | IJR, IGSB, IDEV, IJH, MBB |
| Q1 2026 | 177 | $903.1M | IJR, IGSB, MBB, IDEV, IJH |
| Q4 2025Amended | 177 | $855.7M | MBB, IJR, IGSB, IDEV, IJH |
| Q3 2025 | 175 | $805.8M | MBB, IJR, IGSB, IDEV, IJH |
| Q2 2025 | 173 | $735.9M | MBB, IJR, IGSB, IDEV, MSFT |
| Q1 2025 | 166 | $675.4M | IJR, IGSB, IDEV, MBB, AAPL |
| Q4 2024 | 165 | $638.7M | IJR, IGSB, AAPL, IDEV, MSFT |
| Q3 2024 | 182 | $643.4M | IJR, IGSB, IDEV, AAPL, MSFT |
| Q2 2024 | 176 | $570.6M | IJR, IGSB, MSFT, AAPL, IDEV |
| Q1 2024 | 179 | $566.4M | IJR, IGSB, MSFT, IDEV, AAPL |