Stockman Wealth Management, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), Stockman Wealth Management, Inc. reported 166 stock positions worth $675.4 million. Its top holding was iShares Core S&P Small-Cap E (IJR) at 5.3% of the portfolio, followed by iShares 1-5Y Inv Grade (IGSB, 5.0%) and iShares Core MSCI Dev MKTS (IDEV, 4.1%). Compared with Q4 2024, it opened 11 new positions, sold out of 10, added to 75 and reduced 48. The biggest buy was a new position in iShares MBS ETF (MBB) and the biggest sale iShares Core S&P Small-Cap E (IJR, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- BILLINGS, MT
- CIK
- 0001389400
- Portfolio Value
- $675.4M (Q1 2025)
- SEC Filing
- 0001389400-25-000005 ↗ filed Apr 17, 2025
Holdings Value
Holdings 166 stocks · $675.4M
| IJR iShares Core S&P Small-Cap E | 5.30% | 342,339 | $35.8M | Reduce -25.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 5.03% | 648,722 | $34.0M | Reduce -30.0% |
| IDEV iShares Core MSCI Dev MKTS | 4.14% | 406,350 | $28.0M | Add +9.5% |
| MBB iShares MBS ETF | 4.14% | 298,073 | $28.0M | New |
| AAPL Apple Inc. | 3.34% | 101,437 | $22.5M | Add +0.1% |
| IJH iShares Core S&P Midcap ETF | 3.00% | 347,537 | $20.3M | Add +1896.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.99% | 37,928 | $20.2M | Reduce -0.5% |
| MSFT Microsoft Corp. | 2.93% | 52,730 | $19.8M | Add +4.3% |
| JPM JPMorgan Chase & Co. | 2.62% | 72,167 | $17.7M | Reduce -3.9% |
| AMZN Amazon.com Inc. | 2.51% | 89,148 | $17.0M | Reduce -0.2% |
| EMXC iShares MSCI Emr MRK Ex Chna | 2.49% | 305,709 | $16.8M | New |
| CSCO Cisco Systems Inc. | 2.29% | 250,399 | $15.5M | Reduce -1.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.25% | 61,180 | $15.2M | Reduce -7.5% |
| MRK Merck & Co. Inc. | 2.01% | 151,065 | $13.6M | Add +18.0% |
| CAT Caterpillar Inc. | 1.92% | 39,407 | $13.0M | Add +5.4% |
| ASML ASML Holding NV-NY Reg SHS | 1.91% | 19,500 | $12.9M | Add +14.3% |
| XOM Exxon Mobil Corp. | 1.82% | 103,310 | $12.3M | Add +6.2% |
| PG The Procter & Gamble Co. | 1.81% | 71,825 | $12.2M | Add +5.1% |
| CVX Chevron Corp. | 1.79% | 72,145 | $12.1M | Add +6.0% |
| PEP Pepsico Inc. | 1.78% | 80,131 | $12.0M | Add +21.5% |
| USB US Bancorp | 1.72% | 275,338 | $11.6M | Add +6.6% |
| GOOGL Alphabet Inc. Class A | 1.65% | 71,863 | $11.1M | Add +2.7% |
| SBUX Starbucks Corp. | 1.61% | 111,106 | $10.9M | Reduce -1.7% |
| UPS United Parcel Service Class B | 1.61% | 99,005 | $10.9M | Add +14.2% |
| CRH CRH PLC | 1.61% | 123,645 | $10.9M | Reduce -0.3% |
| HON Honeywell International Inc. | 1.57% | 50,042 | $10.6M | Add +6.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.54% | 249,487 | $10.4M | Add +2.5% |
| MDT Medtronic PLC | 1.52% | 113,977 | $10.2M | Add +7.5% |
| GSK GSK PLC-Spon ADR | 1.48% | 257,201 | $10.0M | Add +18.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.43% | 230,937 | $9.7M | Add +21.4% |
| LMT Lockheed Martin Corp. | 1.36% | 20,609 | $9.2M | Add +11.5% |
| PFE Pfizer Inc. | 1.34% | 355,871 | $9.0M | Add +23.0% |
| SYY Sysco Corp. | 1.24% | 111,186 | $8.3M | Add +10.5% |
| VZ Verizon Communications Inc. | 1.16% | 172,648 | $7.8M | Add +11.5% |
| HD Home Depot Inc. | 1.16% | 21,322 | $7.8M | Add +4.2% |
| XLK SS Technology Select Sector | 1.12% | 36,570 | $7.6M | Add +13.3% |
| QCOM Qualcomm Inc. | 1.11% | 48,891 | $7.5M | Add +669.3% |
| LEN Lennar Corp. Class A | 0.99% | 58,220 | $6.7M | New |
| XLF SS Financial Select Sector | 0.84% | 114,391 | $5.7M | Reduce -0.8% |
| XLV SS Health Care Select Sector | 0.71% | 32,806 | $4.8M | Add +0.7% |
| IVV iShares Core S&P 500 ETF | 0.66% | 7,988 | $4.5M | Reduce -4.4% |
| XLI SS Industrial Select Sector | 0.65% | 33,719 | $4.4M | Add +15.1% |
| IBTJ iShares Ibonds Dec 2029 Term | 0.61% | 188,172 | $4.1M | Add +6.9% |
| IBTH iShares Ibonds Dec 2027 Term | 0.58% | 175,367 | $3.9M | Add +7.9% |
| XLY SS Consumer Disc Select Sect | 0.58% | 19,838 | $3.9M | Add +3.1% |
| IBTK iShares Ibonds Dec 2030 Trea | 0.57% | 195,354 | $3.8M | Add +9.9% |
| IBTI iShares Ibonds Dec 2028 Term | 0.54% | 164,217 | $3.7M | Add +9.3% |
| XLP SS Consumer Staples Sel Sect | 0.53% | 44,079 | $3.6M | Reduce -5.1% |
| XLE SS Energy Select Sector | 0.51% | 36,823 | $3.4M | Add +3.8% |
| IBTL iShares Ibonds Dec 2031 Term | 0.48% | 159,337 | $3.2M | Add +40.1% |
| IBTG iShares Ibonds Dec 2026 Term | 0.48% | 141,204 | $3.2M | Add +8.1% |
| IBTF iShares Ibonds Dec 2025 Term | 0.45% | 129,296 | $3.0M | Add +9.5% |
| FIBK First Interstate Bancsys-A | 0.40% | 93,186 | $2.7M | Reduce -0.2% |
| VOO Vanguard S&P 500 ETF | 0.37% | 4,867 | $2.5M | Add +3.6% |
| COST Costco Wholesale Corp. | 0.35% | 2,464 | $2.3M | Reduce -11.1% |
| AGG iShares Core U.S. Aggregate | 0.32% | 22,116 | $2.2M | Add +4.6% |
| SCHX Schwab US Large-Cap ETF | 0.31% | 94,341 | $2.1M | Reduce -30.6% |
| XLC SS Comm Select Sector SPDR | 0.30% | 21,195 | $2.0M | Reduce -2.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.27% | 22,940 | $1.8M | Reduce -0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.25% | 6,191 | $1.7M | Reduce -0.2% |
| SCHH Schwab US REIT ETF | 0.24% | 76,325 | $1.6M | Add +81.7% |
| LLY Eli Lilly & Co. | 0.20% | 1,665 | $1.4M | Add +1.6% |
| SCHZ Schwab US Aggregate Bond ETF | 0.20% | 58,025 | $1.3M | Add +3.9% |
| GOOG Alphabet Inc. Class C | 0.20% | 8,460 | $1.3M | Add +6.2% |
| EFA iShares MSCI Eafe ETF | 0.18% | 15,247 | $1.2M | Add +9.3% |
| USAC USA Compression Partners LP | 0.18% | 45,001 | $1.2M | No change |
| JNJ Johnson & Johnson | 0.17% | 7,014 | $1.2M | Reduce -1.9% |
| ET Energy Transfer LP | 0.17% | 62,566 | $1.2M | Add +4.9% |
| V Visa Inc. Class A | 0.16% | 3,070 | $1.1M | Add +2.0% |
| OKE Oneok Inc. | 0.16% | 10,700 | $1.1M | No change |
| XLB SS Materials Select Sector | 0.15% | 11,955 | $1.0M | Add +7.2% |
| IVW iShares S&P 500 Growth ETF | 0.15% | 10,651 | $989K | Reduce -0.1% |
| EPD Enterprise Products Partners | 0.14% | 27,122 | $926K | Add +3.4% |
| MCK McKesson Corp. | 0.13% | 1,259 | $847K | No change |
| AZN Astrazeneca PLC-Spons ADR | 0.12% | 11,277 | $829K | Reduce -3.5% |
| AM Antero Midstream Corp. | 0.12% | 45,000 | $810K | No change |
| DUK Duke Energy Corp. | 0.12% | 6,531 | $797K | Add +1.5% |
| EMR Emerson Electric Co. | 0.12% | 7,251 | $795K | Reduce -0.9% |
| IWF iShares Russell 1000 Growth | 0.12% | 2,171 | $784K | Reduce -6.5% |
| ORCL Oracle Corp. | 0.12% | 5,599 | $783K | Reduce -4.1% |
| BKNG Booking Holdings Inc. | 0.12% | 169 | $779K | Add +1.8% |
| APH Amphenol Corp. Class A | 0.11% | 11,813 | $775K | No change |
| ABT Abbott Laboratories | 0.11% | 5,673 | $753K | Reduce -1.6% |
| KO The Coca-Cola Co. | 0.10% | 9,507 | $681K | Add +3.5% |
| USA Liberty All Star Equity Fund | 0.10% | 99,563 | $652K | No change |
| PGR Progressive Corp. | 0.09% | 2,230 | $631K | No change |
| IBDT iShares Ibonds Dec 2028 ETF | 0.09% | 24,758 | $625K | Add +13.0% |
| MCD McDonald's Corp. | 0.09% | 1,964 | $613K | Add +1.8% |
| LOW Lowe's Cos Inc. | 0.09% | 2,629 | $613K | Reduce -91.5% |
| WMB Williams Cos Inc. | 0.09% | 10,017 | $599K | No change |
| MRSH Marsh & McLennan Cos | 0.08% | 2,345 | $572K | Reduce -0.6% |
| BSV Vanguard Short-Term Bond ETF | 0.08% | 7,251 | $568K | Add +9.4% |
| IWM iShares Russell 2000 ETF | 0.08% | 2,815 | $562K | Reduce -2.5% |
| BIV Vanguard Intermediate-Term B | 0.08% | 7,324 | $561K | Add +3.3% |
| SCHF Schwab Intl Equity ETF | 0.08% | 28,140 | $557K | Add +0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.08% | 1,457 | $540K | Add +11.8% |
| IVE iShares S&P 500 Value ETF | 0.08% | 2,800 | $534K | Reduce -1.6% |
| ABBV Abbvie Inc. | 0.07% | 2,405 | $504K | Add +2.6% |
| SYK Stryker Corp. | 0.07% | 1,353 | $504K | Add +2.1% |
| SCHA Schwab US Small-Cap ETF | 0.07% | 21,212 | $497K | Add +14.3% |
Portfolio Sells Q4 2024 → Q1 2025
| IJR iShares Core S&P Small-Cap E | Reduce -25.0% | 5.30% | −2.94 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -30.0% | 5.03% | −2.48 |
| VWO Vanguard Ftse Emerging Marke | Reduce -98.2% | 0.04% | −2.29 |
| LOW Lowe's Cos Inc. | Reduce -91.5% | 0.09% | −1.10 |
| NWE Northwestern Energy Group Inc. | Sold out | 0.00% | −0.88 |
| AMZN Amazon.com Inc. | Reduce -0.2% | 2.51% | −0.56 |
| JPM JPMorgan Chase & Co. | Reduce -3.9% | 2.62% | −0.20 |
| CRH CRH PLC | Reduce -0.3% | 1.61% | −0.19 |
| SCHX Schwab US Large-Cap ETF | Reduce -30.6% | 0.31% | −0.18 |
| IVV iShares Core S&P 500 ETF | Reduce -4.4% | 0.66% | −0.11 |
| FIBK First Interstate Bancsys-A | Reduce -0.2% | 0.40% | −0.08 |
| TSLA Tesla Inc. | Reduce -42.4% | 0.04% | −0.08 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -60.7% | 0.05% | −0.07 |
| CSCO Cisco Systems Inc. | Reduce -1.4% | 2.29% | −0.07 |
| LMBS First Trust Low Duration Opp | Reduce -47.2% | 0.06% | −0.06 |
| XLRE SS Real Estate Select Sector | Sold out | 0.00% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -11.1% | 0.35% | −0.05 |
| SCHM Schwab US Mid Cap ETF | Sold out | 0.00% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.05 |
| TGT Target Corp. | Sold out | 0.00% | −0.04 |
| SCHB Schwab US Broad Market ETF | Reduce -30.8% | 0.07% | −0.04 |
| XLP SS Consumer Staples Sel Sect | Reduce -5.1% | 0.53% | −0.04 |
| ORCL Oracle Corp. | Reduce -4.1% | 0.12% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.03 |
| AIO Virtus Artific Intel & Tech | Sold out | 0.00% | −0.03 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −0.03 |
| O Realty Income Corp. | Sold out | 0.00% | −0.03 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.03 |
| IDCC Interdigital Inc. | Reduce -50.3% | 0.03% | −0.03 |
| IWF iShares Russell 1000 Growth | Reduce -6.5% | 0.12% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.2% | 0.25% | −0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -28.2% | 0.05% | −0.03 |
| XLF SS Financial Select Sector | Reduce -0.8% | 0.84% | −0.03 |
| XLC SS Comm Select Sector SPDR | Reduce -2.0% | 0.30% | −0.03 |
| EMR Emerson Electric Co. | Reduce -0.9% | 0.12% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -7.5% | 2.25% | −0.02 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.1% | 0.15% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -2.5% | 0.08% | −0.02 |
| SCHD Schwab US DVD Equity ETF | Reduce -14.1% | 0.06% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -0.1% | 0.27% | −0.01 |
| GBCI Glacier Bancorp Inc. | Reduce -0.2% | 0.06% | −0.01 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -8.3% | 0.07% | −0.01 |
| DIS The Walt Disney Co. | Reduce -1.7% | 0.05% | −0.01 |
| AXP American Express Co. | Reduce -1.0% | 0.05% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -1.6% | 0.08% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -2.6% | 0.04% | −0.01 |
| COP Conocophillips | Reduce -8.4% | 0.06% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -5.4% | 0.04% | −0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -3.0% | 0.05% | −0.00 |
| SBUX Starbucks Corp. | Reduce -1.7% | 1.61% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| MBB iShares MBS ETF | New | 4.14% | +4.14 |
| IJH iShares Core S&P Midcap ETF | Add +1896.5% | 3.00% | +2.83 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 2.49% | +2.49 |
| LEN Lennar Corp. Class A | New | 0.99% | +0.99 |
| QCOM Qualcomm Inc. | Add +669.3% | 1.11% | +0.96 |
| IDEV iShares Core MSCI Dev MKTS | Add +9.5% | 4.14% | +0.40 |
| GSK GSK PLC-Spon ADR | Add +18.4% | 1.48% | +0.33 |
| SLB SLB Ltd. | Add +21.4% | 1.43% | +0.29 |
| CVX Chevron Corp. | Add +6.0% | 1.79% | +0.24 |
| PEP Pepsico Inc. | Add +21.5% | 1.78% | +0.21 |
| MDT Medtronic PLC | Add +7.5% | 1.52% | +0.19 |
| VZ Verizon Communications Inc. | Add +11.5% | 1.16% | +0.19 |
| XOM Exxon Mobil Corp. | Add +6.2% | 1.82% | +0.18 |
| PFE Pfizer Inc. | Add +23.0% | 1.34% | +0.13 |
| IBTL iShares Ibonds Dec 2031 Term | Add +40.1% | 0.48% | +0.13 |
| SCHH Schwab US REIT ETF | Add +81.7% | 0.24% | +0.10 |
| ASML ASML Holding NV-NY Reg SHS | Add +14.3% | 1.91% | +0.06 |
| XLI SS Industrial Select Sector | Add +15.1% | 0.65% | +0.05 |
| JYD Jayud Global Logistics Ltd. Class A | New | 0.03% | +0.03 |
| IBTK iShares Ibonds Dec 2030 Trea | Add +9.9% | 0.57% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.03% | +0.03 |
| XLE SS Energy Select Sector | Add +3.8% | 0.51% | +0.03 |
| T AT&T Inc. | New | 0.03% | +0.03 |
| AWK American Water Works Co. Inc. | New | 0.03% | +0.03 |
| AMGN Amgen Inc. | New | 0.03% | +0.03 |
| GE General Electric | New | 0.03% | +0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.03% | +0.03 |
| SYY Sysco Corp. | Add +10.5% | 1.24% | +0.03 |
| ATLO Ames National Corp. | New | 0.03% | +0.03 |
| IBTI iShares Ibonds Dec 2028 Term | Add +9.3% | 0.54% | +0.03 |
| EFA iShares MSCI Eafe ETF | Add +9.3% | 0.18% | +0.02 |
| PG The Procter & Gamble Co. | Add +5.1% | 1.81% | +0.02 |
| IBTJ iShares Ibonds Dec 2029 Term | Add +6.9% | 0.61% | +0.02 |
| IBTH iShares Ibonds Dec 2027 Term | Add +7.9% | 0.58% | +0.02 |
| IBTF iShares Ibonds Dec 2025 Term | Add +9.5% | 0.45% | +0.02 |
| MRK Merck & Co. Inc. | Add +18.0% | 2.01% | +0.01 |
| IBTG iShares Ibonds Dec 2026 Term | Add +8.1% | 0.48% | +0.01 |
| KO The Coca-Cola Co. | Add +3.5% | 0.10% | +0.01 |
| UNP Union Pacific Corp. | Add +28.1% | 0.05% | +0.01 |
| V Visa Inc. Class A | Add +2.0% | 0.16% | +0.01 |
| ABBV Abbvie Inc. | Add +2.6% | 0.07% | +0.01 |
| DUK Duke Energy Corp. | Add +1.5% | 0.12% | +0.01 |
| EPD Enterprise Products Partners | Add +3.4% | 0.14% | +0.01 |
| XLV SS Health Care Select Sector | Add +0.7% | 0.71% | +0.01 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +13.0% | 0.09% | +0.01 |
| LLY Eli Lilly & Co. | Add +1.6% | 0.20% | +0.01 |
| XLB SS Materials Select Sector | Add +7.2% | 0.15% | +0.01 |
| WM Waste Management Inc. | Add +0.8% | 0.06% | +0.00 |
| BSV Vanguard Short-Term Bond ETF | Add +9.4% | 0.08% | +0.00 |
| MO Altria Group Inc. | Add +1.9% | 0.04% | +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 |