Studio Investment Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Studio Investment Management LLC reported 266 stock positions worth $421.4 million. Its top holding was Vanguard Short-Term Tips (VTIP) at 7.8% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 6.4%) and Vanguard Dividend Apprec ETF (VIG, 5.7%). Compared with Q4 2023, it opened 40 new positions, sold out of 19, added to 107 and reduced 71. The biggest buy was Dimensional International (DFIC, shares +139%) and the biggest sale Vngrd Mrngst SL-CP Val ETF-U (VBR, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001893893
- Portfolio Value
- $421.4M (Q1 2024)
- SEC Filing
- 0001893893-24-000002 ↗ filed May 15, 2024
Holdings Value
Holdings 266 stocks · $421.4M
| VTIP Vanguard Short-Term Tips | 7.79% | 685,378 | $32.8M | Add +15.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 6.38% | 165,193 | $26.9M | Reduce -6.2% |
| VIG Vanguard Dividend Apprec ETF | 5.75% | 132,565 | $24.2M | Add +0.7% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 4.80% | 105,493 | $20.2M | Reduce -12.1% |
| DFIC Dimensional International Co. | 3.41% | 537,455 | $14.4M | Add +139.5% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 3.22% | 380,458 | $13.5M | Add +8.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.07% | 30,715 | $12.9M | Add +1.8% |
| MSFT Microsoft Corp. | 2.23% | 22,348 | $9.4M | Reduce -1.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.22% | 121,258 | $9.4M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 1.93% | 53,888 | $8.1M | Reduce -4.1% |
| PG The Procter & Gamble Co. | 1.62% | 42,055 | $6.8M | Reduce -0.6% |
| IEI iShares 3-7 Year Treasury Bo | 1.62% | 58,830 | $6.8M | Add +1.1% |
| GD General Dynamics Corp. | 1.61% | 24,023 | $6.8M | Reduce -2.2% |
| AAPL Apple Inc. | 1.53% | 37,513 | $6.4M | Reduce -0.5% |
| VIGI Vanguard Int Div App Indx FD | 1.45% | 74,694 | $6.1M | Add +9.3% |
| VGSH Vanguard Short-Term Treasury | 1.43% | 103,794 | $6.0M | Add +1.5% |
| NEE Nextera Energy Inc. | 1.42% | 93,293 | $6.0M | Reduce -1.6% |
| BIV Vanguard Intermediate-Term B | 1.39% | 77,687 | $5.9M | Reduce -0.5% |
| MRK Merck & Co. Inc. | 1.37% | 43,470 | $5.8M | Reduce -1.5% |
| CAT Caterpillar Inc. | 1.34% | 15,377 | $5.6M | Reduce -4.8% |
| VT Vanguard Tot World STK ETF | 1.20% | 45,715 | $5.1M | Add +0.4% |
| SGOV iShares 0-3 Month Treasury B | 1.17% | 48,981 | $4.9M | Add +28.1% |
| JPM JPMorgan Chase & Co. | 1.11% | 23,357 | $4.7M | Reduce -5.3% |
| DFEM Dimensional Emrg MRKT Core | 1.10% | 181,763 | $4.6M | Add +19.3% |
| JNJ Johnson & Johnson | 1.08% | 28,768 | $4.6M | Reduce -1.6% |
| VTI VG Morningstar TS MKT ETF-US | 1.08% | 17,479 | $4.5M | Add +12.1% |
| GIS General Mills Inc. | 1.05% | 63,246 | $4.4M | Reduce -2.9% |
| SUB iShares Short-Term National | 1.04% | 41,811 | $4.4M | Reduce -9.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.02% | 84,727 | $4.3M | Reduce -10.0% |
| SHM SS SPDR N Ice St Muni ETF | 1.01% | 89,614 | $4.3M | Reduce -10.8% |
| HON Honeywell International Inc. | 0.99% | 20,247 | $4.2M | Add +1.0% |
| DHI D.R. Horton Inc. | 0.93% | 23,700 | $3.9M | Reduce -1.6% |
| SCHO Schwab Short-Term US Treas | 0.91% | 79,547 | $3.8M | Add +20.9% |
| VONE Vanguard Russell 1000 | 0.90% | 15,912 | $3.8M | Add +2530.1% |
| UNH Unitedhealth Group Inc. | 0.89% | 7,548 | $3.7M | Add +0.2% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.87% | 36,741 | $3.7M | Add +27.1% |
| RTX RTX Corp. | 0.86% | 37,309 | $3.6M | Reduce -2.6% |
| ITW Illinois Tool Works | 0.84% | 13,098 | $3.5M | Add +0.0% |
| CSCO Cisco Systems Inc. | 0.83% | 70,448 | $3.5M | Reduce -0.8% |
| AMGN Amgen Inc. | 0.83% | 12,278 | $3.5M | Reduce -4.8% |
| CVX Chevron Corp. | 0.78% | 20,876 | $3.3M | Reduce -1.7% |
| AVGO Broadcom Inc. | 0.78% | 2,475 | $3.3M | Reduce -2.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.70% | 24,205 | $3.0M | Reduce -4.3% |
| PEP Pepsico Inc. | 0.64% | 15,234 | $2.7M | Reduce -0.1% |
| MCHP Microchip Technology Inc. | 0.61% | 28,766 | $2.6M | Reduce -33.0% |
| BLK BlackRock Finance Inc. | 0.60% | 3,047 | $2.5M | Reduce -1.5% |
| CGCP Cap Group Core Plus Income | 0.60% | 112,371 | $2.5M | Reduce -2.1% |
| AMZN Amazon.com Inc. | 0.59% | 13,758 | $2.5M | Add +4.0% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.58% | 51,804 | $2.5M | Reduce -2.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.57% | 63,395 | $2.4M | Reduce -9.0% |
| DE Deere & Co. | 0.57% | 5,823 | $2.4M | Reduce -6.2% |
| DFLV Dim US Large Cap Value ETF | 0.55% | 77,568 | $2.3M | Add +9.8% |
| LNT Alliant Energy Corp. | 0.55% | 45,585 | $2.3M | Reduce -3.5% |
| UNP Union Pacific Corp. | 0.54% | 9,310 | $2.3M | Reduce -4.5% |
| CTVA Corteva Inc. | 0.52% | 37,746 | $2.2M | Reduce -1.9% |
| NOC Northrop Grumman Corp. | 0.49% | 4,286 | $2.1M | Reduce -2.9% |
| USB US Bancorp | 0.45% | 41,930 | $1.9M | Reduce -2.5% |
| VIOG Vanguard S&P SM Cap 600 GRW | 0.43% | 16,140 | $1.8M | Add +10.5% |
| VIOV Vanguard S&P Small-Cap 600 V | 0.41% | 19,532 | $1.7M | Add +11.1% |
| CSX CSX Corp. | 0.37% | 42,110 | $1.6M | Reduce -1.3% |
| ZBH Zimmer Biomet Holdings Inc. | 0.36% | 11,608 | $1.5M | Reduce -3.4% |
| JCI Johnson Controls Internation | 0.34% | 21,911 | $1.4M | Reduce -6.6% |
| BDX Becton Dickinson and Co. | 0.32% | 5,517 | $1.4M | Reduce -0.5% |
| TXT Textron Inc. | 0.32% | 14,040 | $1.3M | Reduce -7.7% |
| DUK Duke Energy Corp. | 0.31% | 13,565 | $1.3M | Reduce -6.9% |
| RSPU Invesco S&P 500 Equal Weight | 0.28% | 20,995 | $1.2M | Add +110.0% |
| DFAT Dimensional US Target Value | 0.25% | 19,034 | $1.0M | Add +23.5% |
| PAYX Paychex Inc. | 0.24% | 8,161 | $1.0M | Add +5.7% |
| PDN Inv Rafi Dev MKT US SM-Usdin | 0.23% | 29,498 | $970K | Add +17.5% |
| GQRE NT GLBL Qual Re ETF | 0.23% | 16,967 | $964K | Add +18.7% |
| NFRA NT GLBL BRD Infra ETF | 0.23% | 17,524 | $957K | Add +17.6% |
| GUNR NT Mstar GLBL NR ETF | 0.22% | 23,049 | $947K | Add +15.1% |
| TDVG T Rowe Price Dividend Growth | 0.22% | 24,657 | $937K | Reduce -7.0% |
| WFC Wells Fargo & Co. | 0.22% | 16,085 | $932K | Reduce -7.1% |
| AFL Aflac Inc. | 0.22% | 10,689 | $918K | Reduce -8.4% |
| XOM Exxon Mobil Corp. | 0.22% | 7,816 | $909K | Add +9.3% |
| LOW Lowe's Cos Inc. | 0.20% | 3,353 | $854K | Add +9.8% |
| CHRW C.H. Robinson Worldwide Inc. | 0.20% | 11,041 | $847K | Add +21.9% |
| VWO Vanguard Ftse Emerging Marke | 0.20% | 20,121 | $840K | Add +63.3% |
| CVS CVS Health Corp. | 0.19% | 10,082 | $804K | Reduce -70.8% |
| SBUX Starbucks Corp. | 0.19% | 8,680 | $793K | Add +6.9% |
| ORCL Oracle Corp. | 0.17% | 5,722 | $719K | Reduce -18.6% |
| CRM Salesforce Inc. | 0.17% | 2,348 | $708K | Add +5.4% |
| ECL Ecolab Inc. | 0.17% | 3,034 | $702K | Reduce -13.3% |
| CMCSA Comcast Corp. Class A | 0.16% | 15,670 | $679K | Reduce -62.9% |
| MDT Medtronic PLC | 0.16% | 7,731 | $679K | Add +39.0% |
| OMC Omnicom Group | 0.16% | 6,945 | $677K | Reduce -8.0% |
| ABT Abbott Laboratories | 0.15% | 5,649 | $642K | Reduce -4.9% |
| NTRS Northern Trust Corp. | 0.15% | 7,118 | $638K | Add +7.0% |
| META Meta Platforms Inc. Class A | 0.15% | 1,301 | $632K | Add +4.7% |
| UPS United Parcel Service Class B | 0.15% | 4,221 | $627K | Add +6.2% |
| APD Air Products & Chemicals Inc. | 0.15% | 2,543 | $621K | Add +9.5% |
| ENB Enbridge Inc. | 0.14% | 16,876 | $611K | Add +5.2% |
| HLI Houlihan Lokey Inc. | 0.14% | 4,702 | $603K | Add +8.1% |
| PFE Pfizer Inc. | 0.14% | 20,853 | $579K | Reduce -81.0% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.13% | 8,269 | $557K | Add +44.6% |
| BRO Brown & Brown Inc. | 0.13% | 6,287 | $550K | Add +8.0% |
| SF Stifel Financial Corp. | 0.13% | 6,971 | $545K | Add +8.4% |
| AMAT Applied Materials Inc. | 0.13% | 2,638 | $544K | Add +6.5% |
| CBRE CBRE Group Inc. Class A | 0.12% | 5,411 | $526K | Add +5.8% |
Portfolio Sells Q4 2023 → Q1 2024
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -12.1% | 4.80% | −0.71 |
| PFE Pfizer Inc. | Reduce -81.0% | 0.14% | −0.67 |
| CVS CVS Health Corp. | Reduce -70.8% | 0.19% | −0.50 |
| TROW T Rowe Price Group Inc. | Reduce -95.2% | 0.02% | −0.44 |
| BMO Bank of Montreal | Reduce -90.2% | 0.04% | −0.39 |
| MCHP Microchip Technology Inc. | Reduce -33.0% | 0.61% | −0.38 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -6.2% | 6.38% | −0.34 |
| AAPL Apple Inc. | Reduce -0.5% | 1.53% | −0.32 |
| CMCSA Comcast Corp. Class A | Reduce -62.9% | 0.16% | −0.31 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -10.8% | 1.01% | −0.22 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -10.0% | 1.02% | −0.21 |
| SUB iShares Short-Term National | Reduce -9.5% | 1.04% | −0.20 |
| BIV Vanguard Intermediate-Term B | Reduce -0.5% | 1.39% | −0.13 |
| AMGN Amgen Inc. | Reduce -4.8% | 0.83% | −0.12 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.10 |
| JNJ Johnson & Johnson | Reduce -1.6% | 1.08% | −0.09 |
| CSCO Cisco Systems Inc. | Reduce -0.8% | 0.83% | −0.08 |
| LNT Alliant Energy Corp. | Reduce -3.5% | 0.55% | −0.07 |
| GOOGL Alphabet Inc. Class A | Reduce -4.1% | 1.93% | −0.07 |
| SAM Boston Beer Company Inc. Class A | Reduce -85.3% | 0.01% | −0.07 |
| UNP Union Pacific Corp. | Reduce -4.5% | 0.54% | −0.07 |
| DE Deere & Co. | Reduce -6.2% | 0.57% | −0.06 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -2.8% | 0.58% | −0.06 |
| CGCP Cap Group Core Plus Income | Reduce -2.1% | 0.60% | −0.06 |
| VOO Vanguard S&P 500 ETF | Reduce -35.4% | 0.12% | −0.06 |
| NEE Nextera Energy Inc. | Reduce -1.6% | 1.42% | −0.06 |
| MMM 3M Co. | Reduce -39.6% | 0.06% | −0.05 |
| DUK Duke Energy Corp. | Reduce -6.9% | 0.31% | −0.05 |
| ARW Arrow Electronics Inc. | Reduce -34.9% | 0.07% | −0.04 |
| NOC Northrop Grumman Corp. | Reduce -2.9% | 0.49% | −0.04 |
| JHX James Hardie Ord | Sold out | 0.00% | −0.04 |
| BLK BlackRock Finance Inc. | Reduce -1.5% | 0.60% | −0.04 |
| KVUE Kenvue Inc. | Reduce -79.8% | 0.01% | −0.04 |
| GIS General Mills Inc. | Reduce -2.9% | 1.05% | −0.03 |
| KO The Coca-Cola Co. | Reduce -67.5% | 0.02% | −0.03 |
| AFL Aflac Inc. | Reduce -8.4% | 0.22% | −0.03 |
| BAC Bank of America Corp. | Reduce -9.0% | 0.57% | −0.03 |
| CVX Chevron Corp. | Reduce -1.7% | 0.78% | −0.03 |
| USB US Bancorp | Reduce -2.5% | 0.45% | −0.03 |
| PEP Pepsico Inc. | Reduce -0.1% | 0.64% | −0.02 |
| BDX Becton Dickinson and Co. | Reduce -0.5% | 0.32% | −0.02 |
| ORCL Oracle Corp. | Reduce -18.6% | 0.17% | −0.02 |
| GD General Dynamics Corp. | Reduce -2.2% | 1.61% | −0.02 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.02 |
| TDVG T Rowe Price Dividend Growth | Reduce -7.0% | 0.22% | −0.02 |
| ABT Abbott Laboratories | Reduce -4.9% | 0.15% | −0.01 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.01 |
| KLAC KLA Corp. | Reduce -70.5% | 0.01% | −0.01 |
| ECL Ecolab Inc. | Reduce -13.3% | 0.17% | −0.01 |
| VXF Vanguard Extended Market ETF | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| DFIC Dimensional International Co. | Add +139.5% | 3.41% | +1.95 |
| VONE Vanguard Russell 1000 | Add +2530.1% | 0.90% | +0.87 |
| VTIP Vanguard Short-Term Tips | Add +15.6% | 7.79% | +0.60 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.8% | 3.07% | +0.32 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +8.4% | 3.22% | +0.19 |
| SGOV iShares 0-3 Month Treasury B | Add +28.1% | 1.17% | +0.19 |
| RSPU Invesco S&P 500 Equal Weight | Add +110.0% | 0.28% | +0.14 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +27.1% | 0.87% | +0.14 |
| VTI VG Morningstar TS MKT ETF-US | Add +12.1% | 1.08% | +0.13 |
| DFEM Dimensional Emrg MRKT Core | Add +19.3% | 1.10% | +0.13 |
| SCHO Schwab Short-Term US Treas | Add +20.9% | 0.91% | +0.10 |
| TCAF T Rowe PRC Cap Appreciation | New | 0.09% | +0.09 |
| QLTY GMO U.S. Quality ETF | New | 0.09% | +0.09 |
| HSY The Hershey Co. | New | 0.09% | +0.09 |
| TEL Te Connectivity Ltd. | New | 0.08% | +0.08 |
| AMZN Amazon.com Inc. | Add +4.0% | 0.59% | +0.08 |
| VWO Vanguard Ftse Emerging Marke | Add +63.3% | 0.20% | +0.07 |
| CNQ Canadian Natural Resources | New | 0.07% | +0.07 |
| MKL Markel Group Inc. | New | 0.07% | +0.07 |
| DFLV Dim US Large Cap Value ETF | Add +9.8% | 0.55% | +0.06 |
| VIGI Vanguard Int Div App Indx FD | Add +9.3% | 1.45% | +0.06 |
| MDT Medtronic PLC | Add +39.0% | 0.16% | +0.04 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +44.6% | 0.13% | +0.04 |
| DFAT Dimensional US Target Value | Add +23.5% | 0.25% | +0.04 |
| META Meta Platforms Inc. Class A | Add +4.7% | 0.15% | +0.04 |
| XOM Exxon Mobil Corp. | Add +9.3% | 0.22% | +0.03 |
| VIOG Vanguard S&P SM Cap 600 GRW | Add +10.5% | 0.43% | +0.03 |
| LOW Lowe's Cos Inc. | Add +9.8% | 0.20% | +0.03 |
| DFAC Dimensional US Core Equity 2 | New | 0.03% | +0.03 |
| AMAT Applied Materials Inc. | Add +6.5% | 0.13% | +0.03 |
| GQRE NT GLBL Qual Re ETF | Add +18.7% | 0.23% | +0.03 |
| BRO Brown & Brown Inc. | Add +8.0% | 0.13% | +0.03 |
| IBKR Interactive Brokers Gro Class A | Add +9.7% | 0.09% | +0.02 |
| NFRA NT GLBL BRD Infra ETF | Add +17.6% | 0.23% | +0.02 |
| AAP Advance Auto Parts Inc. | Add +19.4% | 0.07% | +0.02 |
| DFIV Dimensional International Va | Add +81.3% | 0.05% | +0.02 |
| PDN Inv Rafi Dev MKT US SM-Usdin | Add +17.5% | 0.23% | +0.02 |
| VIG Vanguard Dividend Apprec ETF | Add +0.7% | 5.75% | +0.02 |
| BSV Vanguard Short-Term Bond ETF | New | 0.02% | +0.02 |
| CPRT Copart Inc. | Add +7.8% | 0.12% | +0.02 |
| CRM Salesforce Inc. | Add +5.4% | 0.17% | +0.02 |
| CACI Caci International Inc. Class A | Add +8.0% | 0.12% | +0.02 |
| TDY Teledyne Technologies Inc. | New | 0.02% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +46.0% | 0.06% | +0.02 |
| LKQ LKQ Corp. | Add +11.5% | 0.12% | +0.02 |
| SF Stifel Financial Corp. | Add +8.4% | 0.13% | +0.02 |
| GUNR NT Mstar GLBL NR ETF | Add +15.1% | 0.22% | +0.02 |
| AGG iShares Core U.S. Aggregate | New | 0.02% | +0.02 |
| VIOV Vanguard S&P Small-Cap 600 V | Add +11.1% | 0.41% | +0.01 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 181 | $591.7M | VTIP, VIG, VTV, DFIC, FNDF |
| Q1 2026Amended | 184 | $554.6M | VTIP, VIG, VTV, DFIC, FNDF |
| Q4 2025 | 180 | $547.3M | VTIP, VIG, VTV, DFIC, FNDF |
| Q3 2025 | 174 | $529.8M | VTIP, VIG, VTV, DFIC, VBR |
| Q2 2025 | 173 | $498.1M | VTIP, VIG, VTV, VBR, DFIC |
| Q1 2025 | 305 | $483.7M | VTIP, VIG, VTV, VBR, DFIC |
| Q4 2024 | 314 | $470.3M | VTIP, VIG, VTV, VBR, DFIC |
| Q3 2024 | 276 | $475.8M | VTIP, VTV, VIG, VBR, DFIC |
| Q2 2024 | 285 | $439.5M | VTIP, VTV, VIG, VBR, DFIC |
| Q1 2024 | 266 | $421.4M | VTIP, VTV, VIG, VBR, DFIC |