Studio Investment Management LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 7, 2024), Studio Investment Management LLC reported 285 stock positions worth $439.5 million. Its top holding was Vanguard Short-Term Tips (VTIP) at 8.5% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 6.1%) and Vanguard Dividend Apprec ETF (VIG, 5.8%). Compared with Q1 2024, it opened 45 new positions, sold out of 28, added to 152 and reduced 50. The biggest buy was Vanguard Short-Term Tips (VTIP, shares +12%) and the biggest sale General Mills (GIS, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001893893
- Portfolio Value
- $439.5M (Q2 2024)
- SEC Filing
- 0001893893-24-000004 ↗ filed Aug 7, 2024
Holdings Value
Holdings 285 stocks · $439.5M
| VTIP Vanguard Short-Term Tips | 8.51% | 770,849 | $37.4M | Add +12.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 6.14% | 166,084 | $27.0M | Add +0.5% |
| VIG Vanguard Dividend Apprec ETF | 5.78% | 137,766 | $25.4M | Add +3.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 4.47% | 106,525 | $19.7M | Add +1.0% |
| DFIC Dimensional International Co. | 3.36% | 561,609 | $14.8M | Add +4.5% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 3.12% | 384,078 | $13.7M | Add +0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.87% | 30,993 | $12.6M | Add +0.9% |
| MSFT Microsoft Corp. | 2.32% | 22,834 | $10.2M | Add +2.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.28% | 129,897 | $10.0M | Add +7.1% |
| GOOGL Alphabet Inc. Class A | 2.26% | 54,561 | $9.9M | Add +1.3% |
| AAPL Apple Inc. | 1.79% | 37,406 | $7.9M | Reduce -0.3% |
| GD General Dynamics Corp. | 1.62% | 24,511 | $7.1M | Add +2.0% |
| PG The Procter & Gamble Co. | 1.58% | 41,985 | $6.9M | Reduce -0.2% |
| IEI iShares 3-7 Year Treasury Bo | 1.55% | 58,858 | $6.8M | Add +0.1% |
| SGOV iShares 0-3 Month Treasury B | 1.54% | 67,337 | $6.8M | Add +37.5% |
| NEE Nextera Energy Inc. | 1.50% | 93,215 | $6.6M | Reduce -0.1% |
| VGSH Vanguard Short-Term Treasury | 1.49% | 112,942 | $6.5M | Add +8.8% |
| VIGI Vanguard Int Div App Indx FD | 1.45% | 78,405 | $6.4M | Add +5.0% |
| BIV Vanguard Intermediate-Term B | 1.33% | 77,982 | $5.8M | Add +0.4% |
| MRK Merck & Co. Inc. | 1.24% | 43,453 | $5.4M | Reduce -0.0% |
| CAT Caterpillar Inc. | 1.18% | 15,569 | $5.2M | Add +1.3% |
| DFEM Dimensional Emrg MRKT Core | 1.18% | 193,418 | $5.2M | Add +6.4% |
| VT Vanguard Tot World STK ETF | 1.16% | 45,439 | $5.1M | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 1.11% | 24,018 | $4.9M | Add +2.8% |
| VTI VG Morningstar TS MKT ETF-US | 1.08% | 17,647 | $4.8M | Add +1.0% |
| HON Honeywell International Inc. | 1.02% | 20,933 | $4.5M | Add +3.4% |
| SCHO Schwab Short-Term US Treas | 1.00% | 90,974 | $4.4M | Add +14.4% |
| SUB iShares Short-Term National | 0.99% | 41,422 | $4.3M | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.97% | 29,141 | $4.3M | Add +1.3% |
| SHM SS SPDR N Ice St Muni ETF | 0.96% | 89,557 | $4.2M | Reduce -0.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.96% | 84,085 | $4.2M | Reduce -0.8% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.94% | 41,466 | $4.1M | Add +12.9% |
| UNH Unitedhealth Group Inc. | 0.93% | 8,045 | $4.1M | Add +6.6% |
| GIS General Mills Inc. | 0.91% | 62,973 | $4.0M | Reduce -0.4% |
| AVGO Broadcom Inc. | 0.90% | 2,475 | $4.0M | No change |
| AMGN Amgen Inc. | 0.90% | 12,696 | $4.0M | Add +3.4% |
| VONE Vanguard Russell 1000 | 0.89% | 15,743 | $3.9M | Reduce -1.1% |
| RTX RTX Corp. | 0.88% | 38,536 | $3.9M | Add +3.3% |
| CSCO Cisco Systems Inc. | 0.78% | 72,208 | $3.4M | Add +2.5% |
| DHI D.R. Horton Inc. | 0.76% | 23,770 | $3.3M | Add +0.3% |
| ITW Illinois Tool Works | 0.74% | 13,558 | $3.3M | Add +3.5% |
| CVX Chevron Corp. | 0.72% | 20,302 | $3.2M | Reduce -2.8% |
| CGCP Cap Group Core Plus Income | 0.67% | 132,500 | $2.9M | Add +17.9% |
| PEP Pepsico Inc. | 0.60% | 16,108 | $2.7M | Add +5.7% |
| MCHP Microchip Technology Inc. | 0.60% | 28,803 | $2.6M | Add +0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.58% | 25,786 | $2.6M | Add +6.5% |
| AMZN Amazon.com Inc. | 0.58% | 13,170 | $2.5M | Reduce -4.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.57% | 63,459 | $2.5M | Add +0.1% |
| DFLV Dim US Large Cap Value ETF | 0.56% | 84,693 | $2.4M | Add +9.2% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.55% | 51,068 | $2.4M | Reduce -1.4% |
| BLK BlackRock Finance Inc. | 0.55% | 3,065 | $2.4M | Add +0.6% |
| LNT Alliant Energy Corp. | 0.51% | 44,404 | $2.3M | Reduce -2.6% |
| UNP Union Pacific Corp. | 0.50% | 9,807 | $2.2M | Add +5.3% |
| DE Deere & Co. | 0.50% | 5,828 | $2.2M | Add +0.1% |
| VIOG Vanguard S&P SM Cap 600 GRW | 0.48% | 18,882 | $2.1M | Add +17.0% |
| CTVA Corteva Inc. | 0.46% | 37,749 | $2.0M | Add +0.0% |
| VIOV Vanguard S&P Small-Cap 600 V | 0.44% | 23,042 | $1.9M | Add +18.0% |
| NOC Northrop Grumman Corp. | 0.43% | 4,361 | $1.9M | Add +1.8% |
| USB US Bancorp | 0.39% | 41,903 | $1.7M | Reduce -0.1% |
| JCI Johnson Controls Internation | 0.34% | 21,908 | $1.5M | Reduce -0.0% |
| CSX CSX Corp. | 0.32% | 42,099 | $1.4M | Reduce -0.0% |
| DUK Duke Energy Corp. | 0.31% | 13,560 | $1.4M | Reduce -0.0% |
| RSPU Invesco S&P 500 Equal Weight | 0.30% | 22,629 | $1.3M | Add +7.8% |
| BDX Becton Dickinson and Co. | 0.29% | 5,495 | $1.3M | Reduce -0.4% |
| ZBH Zimmer Biomet Holdings Inc. | 0.28% | 11,420 | $1.2M | Reduce -1.6% |
| TXT Textron Inc. | 0.28% | 14,072 | $1.2M | Add +0.2% |
| CHRW C.H. Robinson Worldwide Inc. | 0.26% | 12,903 | $1.2M | Add +16.9% |
| AFL Aflac Inc. | 0.26% | 12,733 | $1.1M | Add +19.1% |
| PAYX Paychex Inc. | 0.25% | 9,204 | $1.1M | Add +12.8% |
| NFRA NT GLBL BRD Infra ETF | 0.24% | 20,191 | $1.1M | Add +15.2% |
| GUNR NT Mstar GLBL NR ETF | 0.24% | 26,585 | $1.1M | Add +15.3% |
| GQRE NT GLBL Qual Re ETF | 0.24% | 19,433 | $1.1M | Add +14.5% |
| XOM Exxon Mobil Corp. | 0.24% | 9,193 | $1.1M | Add +17.6% |
| DFAT Dimensional US Target Value | 0.24% | 20,119 | $1.0M | Add +5.7% |
| TDVG T Rowe Price Dividend Growth | 0.24% | 27,043 | $1.0M | Add +9.7% |
| PDN Inv Rafi Dev MKT US SM-Usdin | 0.23% | 31,069 | $1.0M | Add +5.3% |
| VWO Vanguard Ftse Emerging Marke | 0.23% | 22,749 | $995K | Add +13.1% |
| WFC Wells Fargo & Co. | 0.23% | 16,660 | $989K | Add +3.6% |
| ORCL Oracle Corp. | 0.22% | 6,871 | $970K | Add +20.1% |
| ECL Ecolab Inc. | 0.22% | 3,972 | $950K | Add +30.9% |
| LOW Lowe's Cos Inc. | 0.21% | 4,097 | $903K | Add +22.2% |
| APD Air Products & Chemicals Inc. | 0.18% | 3,068 | $792K | Add +20.6% |
| SBUX Starbucks Corp. | 0.18% | 10,051 | $782K | Add +15.8% |
| OMC Omnicom Group | 0.17% | 8,254 | $752K | Add +18.9% |
| MDT Medtronic PLC | 0.17% | 9,265 | $742K | Add +19.8% |
| ENB Enbridge Inc. | 0.16% | 20,212 | $719K | Add +19.8% |
| ABT Abbott Laboratories | 0.16% | 6,843 | $711K | Add +21.1% |
| CVS CVS Health Corp. | 0.16% | 11,873 | $701K | Add +17.8% |
| PFE Pfizer Inc. | 0.16% | 24,905 | $697K | Add +19.4% |
| UPS United Parcel Service Class B | 0.16% | 4,988 | $683K | Add +18.2% |
| HLI Houlihan Lokey Inc. | 0.14% | 4,699 | $634K | Reduce -0.1% |
| META Meta Platforms Inc. Class A | 0.14% | 1,254 | $632K | Reduce -3.6% |
| NTRS Northern Trust Corp. | 0.14% | 7,358 | $629K | Add +3.4% |
| AMAT Applied Materials Inc. | 0.14% | 2,614 | $617K | Reduce -0.9% |
| CMCSA Comcast Corp. Class A | 0.14% | 15,687 | $614K | Add +0.1% |
| CRM Salesforce Inc. | 0.14% | 2,360 | $607K | Add +0.5% |
| SF Stifel Financial Corp. | 0.13% | 7,011 | $590K | Add +0.6% |
| CACI Caci International Inc. Class A | 0.13% | 1,356 | $583K | Add +0.8% |
| VOO Vanguard S&P 500 ETF | 0.13% | 1,150 | $579K | Add +11.0% |
| BRO Brown & Brown Inc. | 0.13% | 6,417 | $574K | Add +2.1% |
Other holdings (18): bonds, preferreds, convertibles and warrants · $16K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CITIGROUP CAPITAL XIII (C V0 10/30/40) | C.PRN | 65 | $2K | New |
| CHS INC (CHSINC V6.75 PERP 3) | PFD | 67 | $2K | New |
| CHS INC (CHSINC V7.1 PERP 2) | PREFERRED STOCK | 65 | $2K | New |
| MORGAN STANLEY (MS 6.875 PERP F) | PFD | 61 | $2K | New |
| MORGAN STANLEY (MS 6.375 PERP I) | Preferred Stock | 49 | $1K | New |
| FIFTH THIRD BANCORP (FITB V7.67122 PERP I) | PFD | 46 | $1K | New |
| MORGAN STANLEY (MS 7.125 PERP E) | PFD | 45 | $1K | New |
| ZIONS BANCORP NA (ZION V0 PERP G) | COM | 42 | $1K | New |
| WINTRUST FINANCIAL CORP (WTFC V6.5 PERP D) | Equity Preference | 41 | $1K | New |
| GOLDMAN SACHS GROUP INC (GS F PERP D) | Preferred Stock | 33 | $757 | New |
| ASPEN INSURANCE HLDG LTD (AHL V9.62352 PERP) | G05384154 | 25 | $688 | New |
| MORGAN STANLEY (MS F PERP +A) | COM | 22 | $521 | New |
| CHARLES SCHWAB CORP (SCHW 5.95 PERP D) | Common Stock | 17 | $427 | New |
| SCE TRUST V (EIX V5.45 PERP K) | SCEPRK | 16 | $398 | New |
| VALLEY NATIONAL BANCORP (VLY V6.25 PERP A) | VLYPP | 16 | $355 | New |
| REGIONS FINANCIAL CORP (RF V0 PERP B) | COM | 9 | $225 | New |
| SCE TRUST IV (EIX V0 PERP J) | PFD | 8 | $188 | New |
| AMTRUST FINANCIAL SERVIC (AFSI 7.5 09/15/55) | Equity | 7 | $112 | New |
Total filed on the 13F, all lines: $439.5M.
Portfolio Sells Q1 2024 → Q2 2024
| GIS General Mills Inc. | Reduce -0.4% | 0.91% | −0.14 |
| MRK Merck & Co. Inc. | Reduce -0.0% | 1.24% | −0.13 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -1.6% | 0.28% | −0.08 |
| USB US Bancorp | Reduce -0.1% | 0.39% | −0.06 |
| CVX Chevron Corp. | Reduce -2.8% | 0.72% | −0.06 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -0.8% | 0.96% | −0.06 |
| SUB iShares Short-Term National | Reduce -0.9% | 0.99% | −0.05 |
| CSX CSX Corp. | Reduce -0.0% | 0.32% | −0.05 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -0.1% | 0.96% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -0.2% | 1.58% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -88.1% | 0.01% | −0.04 |
| VT Vanguard Tot World STK ETF | Reduce -0.6% | 1.16% | −0.03 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -1.4% | 0.55% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -0.4% | 0.29% | −0.03 |
| LNT Alliant Energy Corp. | Reduce -2.6% | 0.51% | −0.03 |
| ACN Accenture PLC Class A | Reduce -3.0% | 0.10% | −0.02 |
| DFAC Dimensional US Core Equity 2 | Reduce -76.4% | 0.01% | −0.02 |
| BSV Vanguard Short-Term Bond ETF | Sold out | 0.00% | −0.02 |
| INTC Intel Corp. | Reduce -6.5% | 0.03% | −0.02 |
| C Citigroup Inc. | Sold out | 0.00% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -90.0% | 0.00% | −0.01 |
| MTUM iShares MSCI USA Momentum Fa | Sold out | 0.00% | −0.01 |
| VONE Vanguard Russell 1000 | Reduce -1.1% | 0.89% | −0.01 |
| HSY The Hershey Co. | Reduce -4.2% | 0.07% | −0.01 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -4.3% | 0.58% | −0.01 |
| DFUV Dimensional US Marketwide Va | Reduce -79.1% | 0.00% | −0.01 |
| ZUMZ Zumiez Inc. | Reduce -55.4% | 0.01% | −0.01 |
| DUHP Dimensional US High Profi Et | Reduce -77.9% | 0.00% | −0.01 |
| MUB iShares National Muni Bond E | Sold out | 0.00% | −0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -2.3% | 0.12% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −0.01 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −0.01 |
| JCI Johnson Controls Internation | Reduce -0.0% | 0.34% | −0.01 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -3.6% | 0.14% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Sold out | 0.00% | −0.01 |
| IMTM iShares MSCI Intl Momentum F | Sold out | 0.00% | −0.01 |
| TSLA Tesla Inc. | Reduce -61.5% | 0.00% | −0.00 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -99.6% | 0.00% | −0.00 |
| AVEM Avantis Emerging Markets Eq | Sold out | 0.00% | −0.00 |
| SCHF Schwab Intl Equity ETF | Sold out | 0.00% | −0.00 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −0.00 |
| DIHP Dimensional International Hi | Sold out | 0.00% | −0.00 |
| AVSC Avantis US Small Cap Equity | Sold out | 0.00% | −0.00 |
| TROW T Rowe Price Group Inc. | Reduce -3.7% | 0.02% | −0.00 |
| SMMV iShares MSCI USA Small-Cap M | Sold out | 0.00% | −0.00 |
| DOW Dow Inc. | Sold out | 0.00% | −0.00 |
| VLUE iShares MSCI USA Value Facto | Sold out | 0.00% | −0.00 |
| NVDA Nvidia Corp. | Reduce -38.6% | 0.01% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| VTIP Vanguard Short-Term Tips | Add +12.5% | 8.51% | +0.72 |
| SGOV iShares 0-3 Month Treasury B | Add +37.5% | 1.54% | +0.37 |
| GOOGL Alphabet Inc. Class A | Add +1.3% | 2.26% | +0.33 |
| MSFT Microsoft Corp. | Add +2.2% | 2.32% | +0.09 |
| SCHO Schwab Short-Term US Treas | Add +14.4% | 1.00% | +0.09 |
| DFEM Dimensional Emrg MRKT Core | Add +6.4% | 1.18% | +0.08 |
| AMGN Amgen Inc. | Add +3.4% | 0.90% | +0.07 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +12.9% | 0.94% | +0.07 |
| CGCP Cap Group Core Plus Income | Add +17.9% | 0.67% | +0.07 |
| CHRW C.H. Robinson Worldwide Inc. | Add +16.9% | 0.26% | +0.06 |
| VGSH Vanguard Short-Term Treasury | Add +8.8% | 1.49% | +0.06 |
| BUSE First Busey Corp. | Add +883.2% | 0.07% | +0.06 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +7.1% | 2.28% | +0.06 |
| ORCL Oracle Corp. | Add +20.1% | 0.22% | +0.05 |
| ECL Ecolab Inc. | Add +30.9% | 0.22% | +0.05 |
| UNH Unitedhealth Group Inc. | Add +6.6% | 0.93% | +0.05 |
| VIOG Vanguard S&P SM Cap 600 GRW | Add +17.0% | 0.48% | +0.05 |
| AFL Aflac Inc. | Add +19.1% | 0.26% | +0.04 |
| VIG Vanguard Dividend Apprec ETF | Add +3.9% | 5.78% | +0.03 |
| VIOV Vanguard S&P Small-Cap 600 V | Add +18.0% | 0.44% | +0.03 |
| APD Air Products & Chemicals Inc. | Add +20.6% | 0.18% | +0.03 |
| IJR iShares Core S&P Small-Cap E | Add +65.7% | 0.09% | +0.03 |
| HON Honeywell International Inc. | Add +3.4% | 1.02% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +69.3% | 0.07% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +13.1% | 0.23% | +0.03 |
| XOM Exxon Mobil Corp. | Add +17.6% | 0.24% | +0.03 |
| QUAL iShares MSCI USA Quality Fac | New | 0.02% | +0.02 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.02% | +0.02 |
| PFE Pfizer Inc. | Add +19.4% | 0.16% | +0.02 |
| ENB Enbridge Inc. | Add +19.8% | 0.16% | +0.02 |
| GUNR NT Mstar GLBL NR ETF | Add +15.3% | 0.24% | +0.02 |
| TSN Tyson Foods Inc. Class A | New | 0.02% | +0.02 |
| NFRA NT GLBL BRD Infra ETF | Add +15.2% | 0.24% | +0.02 |
| RSPU Invesco S&P 500 Equal Weight | Add +7.8% | 0.30% | +0.02 |
| RTX RTX Corp. | Add +3.3% | 0.88% | +0.02 |
| TDVG T Rowe Price Dividend Growth | Add +9.7% | 0.24% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +41.6% | 0.06% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +11.0% | 0.13% | +0.01 |
| DFAI Dimensional International Co. | Add +39.2% | 0.05% | +0.01 |
| GQRE NT GLBL Qual Re ETF | Add +14.5% | 0.24% | +0.01 |
| DFIV Dimensional International Va | Add +31.4% | 0.06% | +0.01 |
| SAM Boston Beer Company Inc. Class A | Add +132.6% | 0.02% | +0.01 |
| CACI Caci International Inc. Class A | Add +0.8% | 0.13% | +0.01 |
| SCHM Schwab US Mid Cap ETF | New | 0.01% | +0.01 |
| PAYX Paychex Inc. | Add +12.8% | 0.25% | +0.01 |
| OMC Omnicom Group | Add +18.9% | 0.17% | +0.01 |
| SCHA Schwab US Small-Cap ETF | Add +3954.2% | 0.01% | +0.01 |
| QLTY GMO U.S. Quality ETF | Add +10.7% | 0.10% | +0.01 |
| ABT Abbott Laboratories | Add +21.1% | 0.16% | +0.01 |
| TCAF T Rowe PRC Cap Appreciation | Add +10.4% | 0.10% | +0.01 |
Notes & Other Activity Q1 2024 → Q2 2024
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |