Studio Investment Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Studio Investment Management LLC reported 276 stock positions worth $475.8 million. Its top holding was Vanguard Short-Term Tips (VTIP) at 8.9% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 6.0%) and Vanguard Dividend Apprec ETF (VIG, 5.9%). Compared with Q2 2024, it opened 26 new positions, sold out of 36, added to 123 and reduced 71. The biggest buy was Vanguard Short-Term Tips (VTIP, shares +11%) and the biggest sale Alphabet Class A (GOOGL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001893893
- Portfolio Value
- $475.8M (Q3 2024)
- SEC Filing
- 0001893893-24-000005 ↗ filed Nov 12, 2024
Holdings Value
Holdings 276 stocks · $475.8M
| VTIP Vanguard Short-Term Tips | 8.90% | 859,091 | $42.4M | Add +11.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 6.01% | 163,840 | $28.6M | Reduce -1.4% |
| VIG Vanguard Dividend Apprec ETF | 5.87% | 140,373 | $27.9M | Add +1.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 4.39% | 103,946 | $20.9M | Reduce -2.4% |
| DFIC Dimensional International Co. | 3.47% | 587,337 | $16.5M | Add +4.6% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 3.06% | 389,943 | $14.6M | Add +1.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.02% | 31,240 | $14.4M | Add +0.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.15% | 129,041 | $10.2M | Reduce -0.7% |
| MSFT Microsoft Corp. | 2.05% | 22,625 | $9.7M | Reduce -0.9% |
| GOOGL Alphabet Inc. Class A | 1.90% | 54,487 | $9.0M | Reduce -0.1% |
| AAPL Apple Inc. | 1.83% | 37,351 | $8.7M | Reduce -0.1% |
| NEE Nextera Energy Inc. | 1.65% | 93,069 | $7.9M | Reduce -0.2% |
| GD General Dynamics Corp. | 1.55% | 24,416 | $7.4M | Reduce -0.4% |
| PG The Procter & Gamble Co. | 1.53% | 42,122 | $7.3M | Add +0.3% |
| VGSH Vanguard Short-Term Treasury | 1.51% | 121,750 | $7.2M | Add +7.8% |
| IEI iShares 3-7 Year Treasury Bo | 1.47% | 58,386 | $7.0M | Reduce -0.8% |
| VIGI Vanguard Int Div App Indx FD | 1.44% | 77,560 | $6.8M | Reduce -1.1% |
| SGOV iShares 0-3 Month Treasury B | 1.36% | 64,278 | $6.5M | Reduce -4.5% |
| BIV Vanguard Intermediate-Term B | 1.28% | 77,534 | $6.1M | Reduce -0.6% |
| DFEM Dimensional Emrg MRKT Core | 1.26% | 212,673 | $6.0M | Add +10.0% |
| CAT Caterpillar Inc. | 1.25% | 15,254 | $6.0M | Reduce -2.0% |
| VT Vanguard Tot World STK ETF | 1.11% | 44,088 | $5.3M | Reduce -3.0% |
| MRK Merck & Co. Inc. | 1.05% | 43,611 | $5.0M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 1.03% | 23,341 | $4.9M | Reduce -2.8% |
| JNJ Johnson & Johnson | 1.01% | 29,569 | $4.8M | Add +1.5% |
| UNH Unitedhealth Group Inc. | 1.00% | 8,151 | $4.8M | Add +1.3% |
| GIS General Mills Inc. | 0.99% | 63,889 | $4.7M | Add +1.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.97% | 16,218 | $4.6M | Reduce -8.1% |
| SCHO Schwab Short-Term US Treas | 0.97% | 93,972 | $4.6M | Add +3.3% |
| HON Honeywell International Inc. | 0.96% | 22,172 | $4.6M | Add +5.9% |
| DHI D.R. Horton Inc. | 0.96% | 23,884 | $4.6M | Add +0.5% |
| RTX RTX Corp. | 0.96% | 37,604 | $4.6M | Reduce -2.4% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.95% | 45,559 | $4.5M | Add +9.9% |
| SUB iShares Short-Term National | 0.91% | 40,772 | $4.3M | Reduce -1.6% |
| SHM SS SPDR N Ice St Muni ETF | 0.89% | 88,112 | $4.2M | Reduce -1.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.89% | 82,720 | $4.2M | Reduce -1.6% |
| AVGO Broadcom Inc. | 0.86% | 23,617 | $4.1M | Reduce -4.6% |
| VONE Vanguard Russell 1000 | 0.85% | 15,618 | $4.1M | Reduce -0.8% |
| AMGN Amgen Inc. | 0.83% | 12,276 | $4.0M | Reduce -3.3% |
| CSCO Cisco Systems Inc. | 0.79% | 70,759 | $3.8M | Reduce -2.0% |
| ITW Illinois Tool Works | 0.78% | 14,017 | $3.7M | Add +3.4% |
| CGCP Cap Group Core Plus Income | 0.76% | 156,273 | $3.6M | Add +17.9% |
| DFLV Dim US Large Cap Value ETF | 0.65% | 99,911 | $3.1M | Add +18.0% |
| CVX Chevron Corp. | 0.63% | 20,486 | $3.0M | Add +0.9% |
| BLK BlackRock Inc. | 0.61% | 3,076 | $2.9M | Add +0.4% |
| PEP Pepsico Inc. | 0.59% | 16,372 | $2.8M | Add +1.6% |
| LNT Alliant Energy Corp. | 0.57% | 45,055 | $2.7M | Add +1.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.53% | 26,104 | $2.5M | Add +1.2% |
| AMZN Amazon.com Inc. | 0.52% | 13,332 | $2.5M | Add +1.2% |
| UNP Union Pacific Corp. | 0.50% | 9,665 | $2.4M | Reduce -1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.50% | 59,800 | $2.4M | Reduce -5.8% |
| NOC Northrop Grumman Corp. | 0.49% | 4,374 | $2.3M | Add +0.3% |
| DE Deere & Co. | 0.48% | 5,500 | $2.3M | Reduce -5.6% |
| MCHP Microchip Technology Inc. | 0.47% | 28,127 | $2.3M | Reduce -2.4% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.47% | 46,231 | $2.3M | Reduce -9.5% |
| CTVA Corteva Inc. | 0.46% | 36,844 | $2.2M | Reduce -2.4% |
| VIOV Vanguard S&P Small-Cap 600 V | 0.45% | 22,896 | $2.1M | Reduce -0.6% |
| VIOG Vanguard S&P SM Cap 600 GRW | 0.42% | 16,665 | $2.0M | Reduce -11.7% |
| ZBH Zimmer Biomet Holdings Inc. | 0.40% | 17,373 | $1.9M | Add +52.1% |
| USB US Bancorp | 0.39% | 39,828 | $1.8M | Reduce -5.0% |
| RSPU Invesco S&P 500 Equal Weight | 0.39% | 26,716 | $1.8M | Add +18.1% |
| JCI Johnson Controls Internation | 0.34% | 20,902 | $1.6M | Reduce -4.6% |
| DUK Duke Energy Corp. | 0.33% | 13,640 | $1.6M | Add +0.6% |
| CSX CSX Corp. | 0.29% | 39,695 | $1.4M | Reduce -5.7% |
| BDX Becton Dickinson and Co. | 0.28% | 5,614 | $1.4M | Add +2.2% |
| CHRW C.H. Robinson Worldwide Inc. | 0.28% | 12,185 | $1.4M | Reduce -5.6% |
| AFL Aflac Inc. | 0.27% | 11,514 | $1.3M | Reduce -9.6% |
| PAYX Paychex Inc. | 0.26% | 9,264 | $1.2M | Add +0.7% |
| GQRE NT GLBL Qual Re ETF | 0.26% | 19,595 | $1.2M | Add +0.8% |
| DFAT Dimensional US Target Value | 0.26% | 21,917 | $1.2M | Add +8.9% |
| TXT Textron Inc. | 0.25% | 13,395 | $1.2M | Reduce -4.8% |
| LOW Lowe's Cos Inc. | 0.25% | 4,362 | $1.2M | Add +6.5% |
| VWO Vanguard Ftse Emerging Marke | 0.25% | 24,459 | $1.2M | Add +7.5% |
| PDN Inv Rafi Dev MKT US SM-Usdin | 0.24% | 33,084 | $1.2M | Add +6.5% |
| GUNR NT Mstar GLBL NR ETF | 0.23% | 27,048 | $1.1M | Add +1.7% |
| SBUX Starbucks Corp. | 0.23% | 11,418 | $1.1M | Add +13.6% |
| XOM Exxon Mobil Corp. | 0.22% | 9,088 | $1.1M | Reduce -1.1% |
| TDVG T Rowe Price Dividend Growth | 0.22% | 25,604 | $1.0M | Reduce -5.3% |
| TCAF T Rowe PRC Cap Appreciation | 0.22% | 31,030 | $1.0M | Add +130.6% |
| QLTY GMO U.S. Quality ETF | 0.22% | 31,436 | $1.0M | Add +133.5% |
| ECL Ecolab Inc. | 0.20% | 3,792 | $970K | Reduce -4.5% |
| ORCL Oracle Corp. | 0.20% | 5,663 | $965K | Reduce -17.6% |
| MDT Medtronic PLC | 0.20% | 10,350 | $939K | Add +11.7% |
| WFC Wells Fargo & Co. | 0.19% | 15,745 | $889K | Reduce -5.5% |
| APD Air Products & Chemicals Inc. | 0.18% | 2,881 | $858K | Reduce -6.1% |
| OMC Omnicom Group | 0.17% | 7,835 | $816K | Reduce -5.1% |
| ENB Enbridge Inc. | 0.17% | 19,859 | $806K | Reduce -1.8% |
| ABT Abbott Laboratories | 0.17% | 7,015 | $800K | Add +2.5% |
| UPS United Parcel Service Class B | 0.16% | 5,480 | $747K | Add +9.9% |
| CVS CVS Health Corp. | 0.16% | 11,812 | $743K | Reduce -0.5% |
| HLI Houlihan Lokey Inc. | 0.15% | 4,544 | $718K | Reduce -3.3% |
| PFE Pfizer Inc. | 0.15% | 24,705 | $715K | Reduce -0.8% |
| CNQ Canadian Natural Resources | 0.15% | 20,988 | $705K | Add +160.1% |
| META Meta Platforms Inc. Class A | 0.15% | 1,230 | $704K | Reduce -1.9% |
| CBRE CBRE Group Inc. Class A | 0.15% | 5,598 | $697K | Add +0.9% |
| NTRS Northern Trust Corp. | 0.15% | 7,627 | $692K | Add +3.7% |
| CACI Caci International Inc. Class A | 0.14% | 1,364 | $688K | Add +0.6% |
| BRO Brown & Brown Inc. | 0.14% | 6,513 | $675K | Add +1.5% |
| CRM Salesforce Inc. | 0.14% | 2,401 | $658K | Add +1.7% |
| SF Stifel Financial Corp. | 0.14% | 6,897 | $648K | Reduce -1.6% |
Other holdings (17): bonds, preferreds, convertibles and warrants · $16K (not counted above)
Total filed on the 13F, all lines: $475.8M.
Portfolio Sells Q2 2024 → Q3 2024
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 1.90% | −0.36 |
| MSFT Microsoft Corp. | Reduce -0.9% | 2.05% | −0.28 |
| NFRA NT GLBL BRD Infra ETF | Reduce -96.4% | 0.01% | −0.24 |
| SGOV iShares 0-3 Month Treasury B | Reduce -4.5% | 1.36% | −0.18 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -0.7% | 2.15% | −0.13 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.4% | 6.01% | −0.13 |
| MCHP Microchip Technology Inc. | Reduce -2.4% | 0.47% | −0.13 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -8.1% | 0.97% | −0.11 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -2.4% | 4.39% | −0.09 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -0.8% | 1.47% | −0.08 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -9.5% | 0.47% | −0.08 |
| BAC Bank of America Corp. | Reduce -5.8% | 0.50% | −0.08 |
| SUB iShares Short-Term National | Reduce -1.6% | 0.91% | −0.08 |
| AMGN Amgen Inc. | Reduce -3.3% | 0.83% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -2.8% | 1.03% | −0.07 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -1.6% | 0.89% | −0.07 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -1.6% | 0.89% | −0.07 |
| GD General Dynamics Corp. | Reduce -0.4% | 1.55% | −0.07 |
| VIOG Vanguard S&P SM Cap 600 GRW | Reduce -11.7% | 0.42% | −0.06 |
| VT Vanguard Tot World STK ETF | Reduce -3.0% | 1.11% | −0.06 |
| BIV Vanguard Intermediate-Term B | Reduce -0.6% | 1.28% | −0.05 |
| AVGO Broadcom Inc. | Reduce -4.6% | 0.86% | −0.05 |
| WFC Wells Fargo & Co. | Reduce -5.5% | 0.19% | −0.04 |
| VONE Vanguard Russell 1000 | Reduce -0.8% | 0.85% | −0.03 |
| CSX CSX Corp. | Reduce -5.7% | 0.29% | −0.03 |
| VOO Vanguard S&P 500 ETF | Reduce -21.1% | 0.10% | −0.03 |
| AMAT Applied Materials Inc. | Reduce -0.6% | 0.11% | −0.03 |
| TXT Textron Inc. | Reduce -4.8% | 0.25% | −0.03 |
| ORCL Oracle Corp. | Reduce -17.6% | 0.20% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -11.0% | 0.12% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -1.1% | 0.22% | −0.02 |
| TDVG T Rowe Price Dividend Growth | Reduce -5.3% | 0.22% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -18.7% | 0.05% | −0.02 |
| DE Deere & Co. | Reduce -5.6% | 0.48% | −0.02 |
| ECL Ecolab Inc. | Reduce -4.5% | 0.20% | −0.01 |
| VIGI Vanguard Int Div App Indx FD | Reduce -1.1% | 1.44% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Sold out | 0.00% | −0.01 |
| PFE Pfizer Inc. | Reduce -0.8% | 0.15% | −0.01 |
| CTVA Corteva Inc. | Reduce -2.4% | 0.46% | −0.01 |
| ZUMZ Zumiez Inc. | Reduce -69.3% | 0.00% | −0.01 |
| EMR Emerson Electric Co. | Reduce -8.1% | 0.04% | −0.01 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -3.1% | 0.12% | −0.01 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.00 |
| UNP Union Pacific Corp. | Reduce -1.4% | 0.50% | −0.00 |
| WSO Watsco Inc. | Sold out | 0.00% | −0.00 |
| T AT&T Inc. | Sold out | 0.00% | −0.00 |
| CVS CVS Health Corp. | Reduce -0.5% | 0.16% | −0.00 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.00 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| VTIP Vanguard Short-Term Tips | Add +11.4% | 8.90% | +0.39 |
| DHI D.R. Horton Inc. | Add +0.5% | 0.96% | +0.20 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.8% | 3.02% | +0.15 |
| TCAF T Rowe PRC Cap Appreciation | Add +130.6% | 0.22% | +0.12 |
| QLTY GMO U.S. Quality ETF | Add +133.5% | 0.22% | +0.12 |
| DFIC Dimensional International Co. | Add +4.6% | 3.47% | +0.11 |
| ZBH Zimmer Biomet Holdings Inc. | Add +52.1% | 0.40% | +0.11 |
| HII Huntington Ingalls Industrie | New | 0.10% | +0.10 |
| DFLV Dim US Large Cap Value ETF | Add +18.0% | 0.65% | +0.09 |
| CGCP Cap Group Core Plus Income | Add +17.9% | 0.76% | +0.09 |
| VIG Vanguard Dividend Apprec ETF | Add +1.9% | 5.87% | +0.09 |
| CLX Clorox Company | New | 0.09% | +0.09 |
| RSPU Invesco S&P 500 Equal Weight | Add +18.1% | 0.39% | +0.09 |
| GIS General Mills Inc. | Add +1.4% | 0.99% | +0.09 |
| OSEA Harbor Intl Compounders ETF | New | 0.08% | +0.08 |
| DFEM Dimensional Emrg MRKT Core | Add +10.0% | 1.26% | +0.08 |
| CNQ Canadian Natural Resources | Add +160.1% | 0.15% | +0.08 |
| UNH Unitedhealth Group Inc. | Add +1.3% | 1.00% | +0.07 |
| BLK BlackRock Inc. | Add +0.4% | 0.61% | +0.06 |
| LNT Alliant Energy Corp. | Add +1.5% | 0.57% | +0.06 |
| SBUX Starbucks Corp. | Add +13.6% | 0.23% | +0.06 |
| NOC Northrop Grumman Corp. | Add +0.3% | 0.49% | +0.05 |
| LOW Lowe's Cos Inc. | Add +6.5% | 0.25% | +0.04 |
| IJR iShares Core S&P Small-Cap E | Add +45.5% | 0.13% | +0.04 |
| DFIV Dimensional International Va | Add +62.8% | 0.10% | +0.04 |
| JNJ Johnson & Johnson | Add +1.5% | 1.01% | +0.04 |
| ITW Illinois Tool Works | Add +3.4% | 0.78% | +0.04 |
| CBRE CBRE Group Inc. Class A | Add +0.9% | 0.15% | +0.03 |
| IVV iShares Core S&P 500 ETF | New | 0.03% | +0.03 |
| DFAI Dimensional International Co. | Add +61.4% | 0.09% | +0.03 |
| MDT Medtronic PLC | Add +11.7% | 0.20% | +0.03 |
| DUK Duke Energy Corp. | Add +0.6% | 0.33% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +687.8% | 0.02% | +0.02 |
| VGSH Vanguard Short-Term Treasury | Add +7.8% | 1.51% | +0.02 |
| BND Vanguard Total Bond Market | New | 0.02% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +7.5% | 0.25% | +0.02 |
| DFAT Dimensional US Target Value | Add +8.9% | 0.26% | +0.02 |
| SCHF Schwab Intl Equity ETF | New | 0.02% | +0.02 |
| MMM 3M Co. | Add +4.6% | 0.07% | +0.02 |
| PDN Inv Rafi Dev MKT US SM-Usdin | Add +6.5% | 0.24% | +0.02 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +9.9% | 0.95% | +0.02 |
| GQRE NT GLBL Qual Re ETF | Add +0.8% | 0.26% | +0.02 |
| ZBRA Zebra Technologies Corp. Class A | Add +1.4% | 0.12% | +0.01 |
| PAYX Paychex Inc. | Add +0.7% | 0.26% | +0.01 |
| DISV Dimensional International SM | Add +54.8% | 0.04% | +0.01 |
| LMT Lockheed Martin Corp. | Add +1.0% | 0.09% | +0.01 |
| CACI Caci International Inc. Class A | Add +0.6% | 0.14% | +0.01 |
| BNY Bank of New York Mellon Corp. | Add +2.1% | 0.10% | +0.01 |
| BRO Brown & Brown Inc. | Add +1.5% | 0.14% | +0.01 |
| SYK Stryker Corp. | New | 0.01% | +0.01 |
Notes & Other Activity Q2 2024 → Q3 2024
| REGIONS FINANCIAL CORP (RF V0 PERP B) | COM | Sold out | 9 | $225before exit |
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 |