Van Hulzen Asset Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Van Hulzen Asset Management, LLC reported 321 stock positions worth $1.2 billion. Its top holding was Apple (AAPL) at 6.5% of the portfolio, followed by Microsoft (MSFT, 4.5%) and Cisco Systems (CSCO, 3.0%). Compared with Q1 2025, it opened 29 new positions, sold out of 19, added to 151 and reduced 113. The biggest buy was Broadcom (AVGO, shares +16%) and the biggest sale an exit from Becton Dickinson and (BDX).
- Most Recent 13F
- Q2 2026
- Location
- EL DORADO HILLS, CA
- CIK
- 0001600145
- Portfolio Value
- $1.2B (Q2 2025)
- SEC Filing
- 0001765380-25-000369 ↗ filed Aug 13, 2025
Holdings Value
Holdings 321 stocks · $1.2B
| AAPL Apple Inc. | 6.52% | 380,231 | $78.0M | Add +7.7% |
| MSFT Microsoft Corp. | 4.52% | 108,774 | $54.1M | Add +1.3% |
| CSCO Cisco Systems Inc. | 3.02% | 520,937 | $36.1M | Add +1.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.78% | 113,062 | $33.3M | Reduce -0.7% |
| GOOGL Alphabet Inc. Class A | 2.51% | 170,634 | $30.1M | Add +4.4% |
| AVGO Broadcom Inc. | 2.32% | 100,954 | $27.8M | Add +16.2% |
| TSLA Tesla Inc. | 2.25% | 84,718 | $26.9M | Reduce -2.9% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 2.22% | 83,122 | $26.6M | Add +5.1% |
| FBTC Fidelity Wise Origin Bitcoin | 2.04% | 259,260 | $24.4M | Reduce -0.9% |
| MCD McDonald's Corp. | 2.01% | 82,469 | $24.1M | Add +6.5% |
| META Meta Platforms Inc. Class A | 1.85% | 30,034 | $22.2M | Add +9.8% |
| ADP Automatic Data Processing | 1.81% | 70,333 | $21.7M | Add +7.4% |
| QUAL iShares MSCI USA Quality Fac | 1.70% | 111,624 | $20.4M | Reduce -12.4% |
| DHR Danaher Corp. | 1.64% | 99,654 | $19.7M | Add +57.5% |
| JNJ Johnson & Johnson | 1.62% | 126,997 | $19.4M | Add +6.9% |
| ETN Eaton Corp. PLC | 1.60% | 53,521 | $19.1M | Add +3.1% |
| IVV iShares Core S&P 500 ETF | 1.60% | 30,756 | $19.1M | Reduce -0.3% |
| NVDA Nvidia Corp. | 1.54% | 116,724 | $18.4M | Add +7.8% |
| AMZN Amazon.com Inc. | 1.53% | 83,734 | $18.4M | Add +25.6% |
| PG The Procter & Gamble Co. | 1.30% | 97,851 | $15.6M | Add +7.1% |
| LRCX Lam Research Corp. | 1.29% | 158,943 | $15.5M | Add +181.9% |
| KO The Coca-Cola Co. | 1.23% | 208,302 | $14.7M | Add +5.4% |
| XOM Exxon Mobil Corp. | 1.23% | 136,267 | $14.7M | Add +6.1% |
| COST Costco Wholesale Corp. | 1.20% | 14,466 | $14.3M | Add +16.6% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 1.14% | 251,067 | $13.7M | Add +39.3% |
| JPM JPMorgan Chase & Co. | 1.13% | 46,685 | $13.5M | Reduce -0.8% |
| SHEL Shell PLC-ADR | 1.08% | 182,830 | $12.9M | Add +0.6% |
| IAU iShares Gold Trust | 1.04% | 198,945 | $12.4M | Reduce -19.6% |
| EXC Exelon Corp. | 1.00% | 274,636 | $11.9M | Add +9.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.99% | 24,497 | $11.9M | Add +1.0% |
| ESGU iShares ESG Aware MSCI USA | 0.99% | 87,413 | $11.8M | Add +0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.97% | 93,560 | $11.6M | Add +0.1% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.95% | 214,295 | $11.3M | Add +7.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.94% | 18,277 | $11.3M | Reduce -1.0% |
| AGG iShares Core U.S. Aggregate | 0.94% | 113,525 | $11.3M | Add +1.6% |
| MDLZ Mondelez International Inc. Class A | 0.91% | 161,618 | $10.9M | Add +2.5% |
| CB Chubb Ltd. | 0.87% | 35,748 | $10.4M | Add +10.8% |
| QCOM Qualcomm Inc. | 0.83% | 62,044 | $9.9M | Add +1.0% |
| EFV iShares MSCI Eafe Value ETF | 0.78% | 146,794 | $9.3M | Add +1.1% |
| TFLO iShares Treasury Floating Ra | 0.72% | 170,551 | $8.6M | Add +4.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.72% | 91,573 | $8.6M | Add +2.1% |
| ABBV Abbvie Inc. | 0.68% | 43,994 | $8.2M | Add +2.8% |
| GLD SPDR Gold Shares | 0.68% | 26,590 | $8.1M | Reduce -12.3% |
| EFG iShares MSCI Eafe Growth ETF | 0.67% | 71,510 | $8.0M | Add +1.6% |
| V Visa Inc. Class A | 0.66% | 22,217 | $7.9M | Add +1.5% |
| ITW Illinois Tool Works | 0.66% | 31,760 | $7.9M | Add +15.6% |
| ROP Roper Technologies Inc. | 0.58% | 12,301 | $7.0M | Add +14.8% |
| OEF iShares S&P 100 ETF | 0.57% | 22,347 | $6.8M | Add +6.3% |
| GBTC Grayscale Bitcoin Trust ETF | 0.56% | 79,622 | $6.8M | Reduce -5.4% |
| KMI Kinder Morgan Inc. | 0.55% | 225,322 | $6.6M | Add +912.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.55% | 9 | $6.6M | No change |
| DECK Deckers Outdoor Corp. | 0.53% | 61,899 | $6.4M | Add +347.2% |
| NDAQ Nasdaq Inc. | 0.52% | 69,819 | $6.2M | Add +8.6% |
| SYK Stryker Corp. | 0.52% | 15,642 | $6.2M | Add +1159.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.50% | 48,655 | $6.0M | Add +51.1% |
| SHY iShares 1-3 Year Treasury Bo | 0.48% | 69,667 | $5.8M | Reduce -27.9% |
| ADBE Adobe Inc. | 0.45% | 13,828 | $5.3M | Reduce -4.2% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.42% | 72,270 | $5.0M | Add +0.1% |
| TLH iShares 10-20 Year Treasury | 0.41% | 48,138 | $4.9M | Add +1.9% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.41% | 77,221 | $4.9M | Add +3.2% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.41% | 91,252 | $4.9M | Add +2.9% |
| HON Honeywell International Inc. | 0.40% | 20,504 | $4.8M | Add +3.2% |
| RTX RTX Corp. | 0.37% | 30,061 | $4.4M | Reduce -0.2% |
| NTRS Northern Trust Corp. | 0.36% | 33,905 | $4.3M | Add +2.7% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.35% | 81,436 | $4.2M | Add +2.1% |
| EMB iShares JP Morgan Usd Emergi | 0.32% | 41,978 | $3.9M | Add +12.3% |
| GD General Dynamics Corp. | 0.30% | 12,336 | $3.6M | No change |
| QLYS Qualys Inc. | 0.29% | 24,657 | $3.5M | Reduce -11.7% |
| ANET Arista Networks Inc. | 0.29% | 33,872 | $3.5M | Add +0.1% |
| CVX Chevron Corp. | 0.28% | 23,785 | $3.4M | Reduce -2.5% |
| AMGN Amgen Inc. | 0.27% | 11,625 | $3.2M | Add +1.2% |
| RSP Invesco S&P 500 Equal Weight | 0.27% | 17,639 | $3.2M | Add +6.9% |
| MCK McKesson Corp. | 0.26% | 4,293 | $3.1M | Reduce -3.9% |
| ORCL Oracle Corp. | 0.26% | 14,021 | $3.1M | Reduce -85.8% |
| FSMD Fidelity Small-Mid Multifact | 0.25% | 73,228 | $3.0M | Add +2.5% |
| CSX CSX Corp. | 0.25% | 93,000 | $3.0M | No change |
| LNG Cheniere Energy Inc. | 0.24% | 11,834 | $2.9M | Add +1.2% |
| PRGS Progress Software Corp. | 0.24% | 44,987 | $2.9M | Reduce -11.4% |
| HLNE Hamilton Lane Inc. Class A | 0.23% | 19,243 | $2.7M | Add +144.6% |
| STLD Steel Dynamics Inc. | 0.23% | 21,239 | $2.7M | Reduce -1.1% |
| WMT Walmart Inc. | 0.23% | 27,592 | $2.7M | Add +10.2% |
| MTUM iShares MSCI USA Momentum Fa | 0.22% | 11,204 | $2.7M | Reduce -0.6% |
| EW Edwards Lifesciences Corp. | 0.22% | 34,039 | $2.7M | Add +0.1% |
| VIG Vanguard Dividend Apprec ETF | 0.21% | 12,256 | $2.5M | Reduce -0.4% |
| RCL Royal Caribbean Cruises Ltd. | 0.21% | 8,001 | $2.5M | Reduce -15.8% |
| LRN Stride Inc. | 0.20% | 16,875 | $2.5M | Reduce -14.1% |
| ICE Intercontinental Exchange Inc. | 0.20% | 13,184 | $2.4M | Reduce -0.6% |
| ABT Abbott Laboratories | 0.20% | 17,571 | $2.4M | Add +0.9% |
| AWK American Water Works Co. Inc. | 0.19% | 16,536 | $2.3M | Add +0.3% |
| HD Home Depot Inc. | 0.19% | 6,209 | $2.3M | Add +0.4% |
| MBB iShares MBS ETF | 0.19% | 24,152 | $2.3M | Add +2.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.19% | 4,068 | $2.2M | Reduce -4.6% |
| STRL Sterling Infrastructure Inc. | 0.19% | 9,668 | $2.2M | Reduce -11.9% |
| HWKN Hawkins Inc. | 0.19% | 15,692 | $2.2M | Reduce -10.8% |
| STIP iShares 0-5 Year Tips Bond E | 0.19% | 21,666 | $2.2M | New |
| ADUS Addus Homecare Corp. | 0.18% | 19,176 | $2.2M | Reduce -10.5% |
| JEPI JPMorgan Equity Premium Inco | 0.18% | 38,526 | $2.2M | Add +6.5% |
| JJSF J & J Snack Foods Corp. | 0.18% | 19,273 | $2.2M | Add +141.7% |
| IPAR Interparfums Inc. | 0.18% | 16,333 | $2.1M | Reduce -11.8% |
| AIT Applied Industrial Tech Inc. | 0.17% | 8,958 | $2.1M | Reduce -10.5% |
Options reported separately and not counted above: SPY puts ($618K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $800K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 681 | $800K | No change |
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q1 2025 → Q2 2025
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −1.34 |
| ORCL Oracle Corp. | Reduce -85.8% | 0.26% | −1.00 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.84 |
| NKE Nike Inc. Class B | Reduce -92.1% | 0.04% | −0.47 |
| IAU iShares Gold Trust | Reduce -19.6% | 1.04% | −0.30 |
| QUAL iShares MSCI USA Quality Fac | Reduce -12.4% | 1.70% | −0.28 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -27.9% | 0.48% | −0.25 |
| WPM Wheaton Precious Metals Corp. | Reduce -89.3% | 0.03% | −0.22 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.18 |
| FELE Franklin Electric Co. Inc. | Sold out | 0.00% | −0.17 |
| MRTN Marten Transport Ltd. | Sold out | 0.00% | −0.15 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.15 |
| UNH Unitedhealth Group Inc. | Reduce -3.1% | 0.15% | −0.13 |
| GLD SPDR Gold Shares | Reduce -12.3% | 0.68% | −0.12 |
| AWR American States Water Co. | Reduce -34.6% | 0.14% | −0.10 |
| WHD Cactus Inc. Class A | Sold out | 0.00% | −0.09 |
| CSW CSW Industrials Inc. | Reduce -32.4% | 0.14% | −0.09 |
| CVX Chevron Corp. | Reduce -2.5% | 0.28% | −0.09 |
| BWIN Baldwin Insurance Group Inc./ | Reduce -28.9% | 0.13% | −0.08 |
| VNOM Viper Energy Inc. | Reduce -10.9% | 0.17% | −0.08 |
| ADBE Adobe Inc. | Reduce -4.2% | 0.45% | −0.06 |
| ITCI Intra-Cellular Therapies Inc. | Sold out | 0.00% | −0.06 |
| GMED Globus Medical Inc. Class A | Reduce -0.3% | 0.15% | −0.05 |
| VFC VF Corp. | Reduce -48.7% | 0.03% | −0.05 |
| FSS Federal Signal Corp. | Reduce -45.9% | 0.11% | −0.04 |
| MMSI Merit Medical Systems Inc. | Reduce -10.9% | 0.10% | −0.04 |
| MWA Mueller Water Products Inc. Class A | Reduce -11.1% | 0.12% | −0.03 |
| RLI Rli Corp. | Reduce -11.3% | 0.09% | −0.03 |
| GEHC GE Healthcare Technology | Sold out | 0.00% | −0.03 |
| LMAT Lemaitre Vascular Inc. | Reduce -10.6% | 0.14% | −0.03 |
| SMPL The Simply Good Foods Co. | Reduce -13.5% | 0.08% | −0.03 |
| AIT Applied Industrial Tech Inc. | Reduce -10.5% | 0.17% | −0.03 |
| ROCK Gibraltar Industries Inc. | Reduce -8.8% | 0.15% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -2.8% | 0.15% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -2.5% | 0.10% | −0.03 |
| SXI Standex International Corp. | Reduce -16.1% | 0.08% | −0.03 |
| QLYS Qualys Inc. | Reduce -11.7% | 0.29% | −0.03 |
| BRC Brady Corporation Class A | Reduce -11.3% | 0.09% | −0.03 |
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −0.02 |
| SGOV iShares 0-3 Month Treasury B | Sold out | 0.00% | −0.02 |
| LRN Stride Inc. | Reduce -14.1% | 0.20% | −0.02 |
| DUSB Dimension Ultrashort Fi ETF | Sold out | 0.00% | −0.02 |
| SLV iShares Silver Trust | Reduce -20.1% | 0.07% | −0.02 |
| BSM Black Stone Minerals LP | Sold out | 0.00% | −0.02 |
| CASH Pathward Financial Inc. | Reduce -11.7% | 0.14% | −0.02 |
| CHD Church & Dwight Co. Inc. | Sold out | 0.00% | −0.02 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -11.9% | 0.08% | −0.02 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −0.02 |
| OTIS Otis Worldwide Corp. | Sold out | 0.00% | −0.02 |
| GOLF Acushnet Holdings Corp. | Reduce -12.1% | 0.11% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| AVGO Broadcom Inc. | Add +16.2% | 2.32% | +1.00 |
| LRCX Lam Research Corp. | Add +181.9% | 1.29% | +0.92 |
| MSFT Microsoft Corp. | Add +1.3% | 4.52% | +0.84 |
| KMI Kinder Morgan Inc. | Add +912.7% | 0.55% | +0.50 |
| SYK Stryker Corp. | Add +1159.4% | 0.52% | +0.47 |
| NVDA Nvidia Corp. | Add +7.8% | 1.54% | +0.47 |
| DHR Danaher Corp. | Add +57.5% | 1.64% | +0.46 |
| META Meta Platforms Inc. Class A | Add +9.8% | 1.85% | +0.41 |
| DECK Deckers Outdoor Corp. | Add +347.2% | 0.53% | +0.39 |
| AMZN Amazon.com Inc. | Add +25.6% | 1.53% | +0.38 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +39.3% | 1.14% | +0.34 |
| ETN Eaton Corp. PLC | Add +3.1% | 1.60% | +0.31 |
| GOOGL Alphabet Inc. Class A | Add +4.4% | 2.51% | +0.20 |
| STIP iShares 0-5 Year Tips Bond E | New | 0.19% | +0.19 |
| TJX TJX Companies Inc. | Add +51.1% | 0.50% | +0.14 |
| CSCO Cisco Systems Inc. | Add +1.9% | 3.02% | +0.14 |
| DIS The Walt Disney Co. | Add +0.1% | 0.97% | +0.13 |
| COST Costco Wholesale Corp. | Add +16.6% | 1.20% | +0.12 |
| HLNE Hamilton Lane Inc. Class A | Add +144.6% | 0.23% | +0.12 |
| CORT Corcept Therapeutics Inc. | New | 0.10% | +0.10 |
| PBH Prestige Consumer Healthcare | New | 0.09% | +0.09 |
| JJSF J & J Snack Foods Corp. | Add +141.7% | 0.18% | +0.09 |
| QYLD Global X Nasd 100 Cov Call | Add +109.2% | 0.16% | +0.08 |
| NDAQ Nasdaq Inc. | Add +8.6% | 0.52% | +0.08 |
| NTRS Northern Trust Corp. | Add +2.7% | 0.36% | +0.06 |
| AYI Acuity Inc. | Add +93.0% | 0.11% | +0.06 |
| DE Deere & Co. | Add +139.5% | 0.10% | +0.06 |
| MSTR Strategy Inc. | Add +89.5% | 0.09% | +0.05 |
| ANET Arista Networks Inc. | Add +0.1% | 0.29% | +0.05 |
| NFLX Netflix Inc. | Add +53.8% | 0.10% | +0.05 |
| OEF iShares S&P 100 ETF | Add +6.3% | 0.57% | +0.05 |
| RDDT Reddit Inc. Class A | New | 0.04% | +0.04 |
| DIVO Amplify CWP Enhan Divid ETF | New | 0.04% | +0.04 |
| QLD Proshares Ultra QQQ | New | 0.04% | +0.04 |
| ARCC Ares Capital Corp. | New | 0.03% | +0.03 |
| ITW Illinois Tool Works | Add +15.6% | 0.66% | +0.03 |
| NET Cloudflare Inc. Class A | Add +1.5% | 0.09% | +0.03 |
| EFA iShares MSCI Eafe ETF | New | 0.03% | +0.03 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +3.2% | 0.41% | +0.03 |
| BXSL Blackstone Secured Lending F | New | 0.03% | +0.03 |
| GEV GE Vernova Inc. | Add +4.9% | 0.07% | +0.03 |
| VGK Vanguard Ftse Europe ETF | New | 0.03% | +0.03 |
| EFG iShares MSCI Eafe Growth ETF | Add +1.6% | 0.67% | +0.03 |
| WMT Walmart Inc. | Add +10.2% | 0.23% | +0.02 |
| EEM iShares MSCI Emerging Market | New | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | New | 0.02% | +0.02 |
| KLAC KLA Corp. | New | 0.02% | +0.02 |
| DELL Dell Technologies -C | New | 0.02% | +0.02 |
| AMAT Applied Materials Inc. | New | 0.02% | +0.02 |
| ESGU iShares ESG Aware MSCI USA | Add +0.5% | 0.99% | +0.02 |
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 1,000 | $618K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 386 | $1.4B | AAPL, GOOGL, AVGO, MSFT, ADM |
| Q1 2026 | 360 | $1.3B | AAPL, GOOGL, MSFT, ADM, AVGO |
| Q4 2025 | 336 | $1.4B | AAPL, GOOGL, MSFT, TSLA, AVGO |
| Q3 2025 | 332 | $1.3B | AAPL, MSFT, GOOGL, TSLA, AVGO |
| Q2 2025 | 321 | $1.2B | AAPL, MSFT, CSCO, IBM, GOOGL |
| Q1 2025 | 311 | $1.1B | AAPL, MSFT, CSCO, IBM, AJG |
| Q4 2024 | 1,153 | $1.4B | AAPL, MSFT, GOOGL, IBM, ABBV |
| Q3 2024 | 318 | $1.4B | AAPL, MSFT, IBM, BBY, GOOGL |
| Q2 2024 | 301 | $1.5B | AAPL, MSFT, BBY, GOOGL, IBM |
| Q1 2024 | 319 | $1.5B | AAPL, MSFT, BBY, GOOGL, ABBV |