Vickerman Investment Advisors, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 3, 2025), Vickerman Investment Advisors, Inc. reported 80 stock positions worth $494.5 million. Its top holding was PIMCO Active Bond Exchange-T (BOND) at 12.9% of the portfolio, followed by SS Technology Select Sector (XLK, 8.3%) and Pgim Ultra Short Bond ETF (PULS, 8.0%). Compared with Q2 2025, it opened 2 new positions, sold out of 1, added to 35 and reduced 37. The biggest buy was SS Technology Select Sector (XLK, shares +3%) and the biggest sale PIMCO Senior Loan Active ETF (LONZ, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- SPOKANE, WA
- CIK
- 0001898296
- Portfolio Value
- $494.5M (Q3 2025)
- SEC Filing
- 0001898296-25-000010 ↗ filed Nov 3, 2025
Holdings Value
Holdings 80 stocks · $494.5M
| BOND PIMCO Active Bond Exchange-T | 12.91% | 683,960 | $63.8M | Add +6.6% |
| XLK SS Technology Select Sector | 8.33% | 146,197 | $41.2M | Add +2.9% |
| PULS Pgim Ultra Short Bond ETF | 8.04% | 797,872 | $39.8M | Add +7.3% |
| SGOV iShares 0-3 Month Treasury B | 5.77% | 283,548 | $28.6M | Add +7.1% |
| PYLD PIMCO Multisector Bond Actv | 5.08% | 935,204 | $25.1M | Add +3.2% |
| CORP PIMCO Inv Grade Corp. BD ETF | 4.67% | 234,189 | $23.1M | Add +3.0% |
| XLF SS Financial Select Sector | 3.28% | 300,683 | $16.2M | Add +7.3% |
| DIVI Franklin International Core | 2.69% | 356,384 | $13.3M | Add +0.7% |
| IXN iShares Global Tech ETF | 2.61% | 124,844 | $12.9M | Reduce -5.1% |
| XLC SS Comm Select Sector SPDR | 2.53% | 105,504 | $12.5M | Reduce -0.2% |
| XLY SS Consumer Disc Select Sect | 2.22% | 45,799 | $11.0M | Add +1.5% |
| XLV SS Health Care Select Sector | 2.10% | 74,598 | $10.4M | Add +2.9% |
| XLE SS Energy Select Sector | 1.90% | 105,400 | $9.4M | Add +1.6% |
| GOOGL Alphabet Inc. Class A | 1.67% | 33,867 | $8.2M | Reduce -1.2% |
| XLI SS Industrial Select Sector | 1.66% | 53,297 | $8.2M | Add +0.1% |
| MSFT Microsoft Corp. | 1.53% | 14,609 | $7.6M | Reduce -1.6% |
| AAPL Apple Inc. | 1.47% | 28,513 | $7.3M | Add +6.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.12% | 11,036 | $5.5M | Add +2.7% |
| NVDA Nvidia Corp. | 1.07% | 28,337 | $5.3M | Add +1.2% |
| XLP SS Consumer Staples Sel Sect | 1.06% | 66,861 | $5.2M | Add +5.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.04% | 24,607 | $5.1M | Add +0.7% |
| V Visa Inc. Class A | 1.01% | 14,627 | $5.0M | Reduce -0.5% |
| WMT Walmart Inc. | 0.99% | 47,318 | $4.9M | Reduce -1.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.97% | 55,046 | $4.8M | Reduce -0.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.97% | 16,267 | $4.8M | Add +0.9% |
| VAW Vanguard Materials ETF | 0.95% | 22,950 | $4.7M | Reduce -0.7% |
| GE General Electric filed as GE AEROSPACE | 0.94% | 15,480 | $4.7M | Reduce -1.3% |
| LNG Cheniere Energy Inc. | 0.93% | 19,635 | $4.6M | Reduce -1.5% |
| COST Costco Wholesale Corp. | 0.92% | 4,918 | $4.6M | Add +3.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.90% | 15,863 | $4.4M | Reduce -1.4% |
| AMGN Amgen Inc. | 0.88% | 15,489 | $4.4M | Add +12.7% |
| CRM Salesforce Inc. | 0.87% | 18,211 | $4.3M | Add +15.3% |
| MRK Merck & Co. Inc. | 0.85% | 49,988 | $4.2M | Add +12.3% |
| UNP Union Pacific Corp. | 0.84% | 17,499 | $4.1M | Add +6.4% |
| IJR iShares Core S&P Small-Cap E | 0.80% | 33,291 | $4.0M | Add +1.4% |
| HON Honeywell International Inc. | 0.79% | 18,444 | $3.9M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 0.77% | 17,379 | $3.8M | Add +1.0% |
| META Meta Platforms Inc. Class A | 0.75% | 5,070 | $3.7M | Reduce -1.1% |
| PEP Pepsico Inc. | 0.74% | 26,001 | $3.7M | Add +1.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.71% | 44,687 | $3.5M | Reduce -0.9% |
| TMUS T-Mobile US Inc. | 0.71% | 14,623 | $3.5M | Reduce -1.0% |
| ADBE Adobe Inc. | 0.70% | 9,840 | $3.5M | Add +15.2% |
| FDX FedEx Corp. | 0.68% | 14,275 | $3.4M | Add +2.0% |
| XLRE SS Real Estate Select Sector | 0.66% | 77,569 | $3.3M | Add +8.9% |
| NKE Nike Inc. Class B | 0.64% | 45,467 | $3.2M | Reduce -1.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.62% | 26,968 | $3.1M | Reduce -1.8% |
| IOO iShares Global 100 ETF | 0.62% | 25,458 | $3.1M | Reduce -2.0% |
| PYPL PayPal Holdings Inc. | 0.54% | 40,005 | $2.7M | Reduce -0.6% |
| SNOW Snowflake Inc. | 0.53% | 11,677 | $2.6M | Reduce -0.7% |
| HD Home Depot Inc. | 0.52% | 6,368 | $2.6M | Reduce -1.3% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.52% | 27,854 | $2.6M | Reduce -18.2% |
| STZ Constellation Brands Inc. Class A | 0.48% | 17,502 | $2.4M | Add +6.8% |
| SBUX Starbucks Corp. | 0.43% | 24,912 | $2.1M | Reduce -1.6% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.43% | 7,081 | $2.1M | Add +0.0% |
| CSCO Cisco Systems Inc. | 0.32% | 23,365 | $1.6M | Reduce -8.9% |
| JNJ Johnson & Johnson | 0.21% | 5,539 | $1.0M | Reduce -9.2% |
| ESGV Vanguard ESG US Stock ETF | 0.18% | 7,590 | $899K | New |
| IJS iShares S&P Small-Cap 600 Va | 0.17% | 7,409 | $819K | No change |
| VDE Vanguard Energy ETF | 0.15% | 5,722 | $720K | Reduce -5.2% |
| TMO Thermo Fisher Scientific Inc. | 0.14% | 1,419 | $688K | Add +39.8% |
| IJT iShares S&P Small-Cap 600 GR | 0.12% | 4,062 | $575K | Reduce -0.5% |
| IWR iShares Russell Mid-Cap ETF | 0.11% | 5,827 | $563K | Reduce -1.4% |
| SCHB Schwab US Broad Market ETF | 0.10% | 18,978 | $488K | Add +0.6% |
| CMCSA Comcast Corp. Class A | 0.10% | 14,976 | $471K | Reduce -0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.09% | 631 | $420K | Reduce -2.0% |
| VFH Vanguard Financials ETF | 0.08% | 3,113 | $409K | Add +3.8% |
| IWM iShares Russell 2000 ETF | 0.08% | 1,641 | $397K | Reduce -3.4% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.08% | 4,012 | $385K | No change |
| DFSU Dimensional US Sus CORE1 ETF | 0.08% | 8,768 | $372K | New |
| PFE Pfizer Inc. | 0.07% | 13,575 | $346K | Reduce -1.3% |
| VEA Vanguard Ftse Developed ETF | 0.07% | 5,416 | $325K | No change |
| LONZ PIMCO Senior Loan Active ETF | 0.06% | 6,211 | $317K | Reduce -91.2% |
| LLY Eli Lilly & Co. | 0.06% | 376 | $287K | Reduce -23.3% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.06% | 2,138 | $277K | Reduce -0.5% |
| IWF iShares Russell 1000 Growth | 0.05% | 572 | $268K | No change |
| EFV iShares MSCI Eafe Value ETF | 0.05% | 3,657 | $248K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.05% | 2,837 | $248K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.05% | 4,530 | $245K | Add +0.0% |
| XLB SS Materials Select Sector | 0.05% | 2,691 | $241K | Reduce -2.8% |
| AVUS Avantis U.S. Equity ETF | 0.05% | 2,193 | $238K | Reduce -17.3% |
Portfolio Sells Q2 2025 → Q3 2025
| LONZ PIMCO Senior Loan Active ETF | Reduce -91.2% | 0.06% | −0.71 |
| BA The Boeing Co. | Sold out | 0.00% | −0.33 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -18.2% | 0.52% | −0.15 |
| HON Honeywell International Inc. | Reduce -1.6% | 0.79% | −0.15 |
| V Visa Inc. Class A | Reduce -0.5% | 1.01% | −0.11 |
| LNG Cheniere Energy Inc. | Reduce -1.5% | 0.93% | −0.11 |
| DIS The Walt Disney Co. | Reduce -1.8% | 0.62% | −0.11 |
| PYPL PayPal Holdings Inc. | Reduce -0.6% | 0.54% | −0.10 |
| SBUX Starbucks Corp. | Reduce -1.6% | 0.43% | −0.07 |
| NKE Nike Inc. Class B | Reduce -1.3% | 0.64% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -1.1% | 0.75% | −0.06 |
| CSCO Cisco Systems Inc. | Reduce -8.9% | 0.32% | −0.06 |
| MSFT Microsoft Corp. | Reduce -1.6% | 1.53% | −0.06 |
| TMUS T-Mobile US Inc. | Reduce -1.0% | 0.71% | −0.05 |
| SNOW Snowflake Inc. | Reduce -0.7% | 0.53% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -23.3% | 0.06% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -0.3% | 0.10% | −0.02 |
| WMT Walmart Inc. | Reduce -1.1% | 0.99% | −0.02 |
| VAW Vanguard Materials ETF | Reduce -0.7% | 0.95% | −0.02 |
| AVUS Avantis U.S. Equity ETF | Reduce -17.3% | 0.05% | −0.01 |
| VDE Vanguard Energy ETF | Reduce -5.2% | 0.15% | −0.01 |
| IXN iShares Global Tech ETF | Reduce -5.1% | 2.61% | −0.01 |
| XLB SS Materials Select Sector | Reduce -2.8% | 0.05% | −0.00 |
| IWR iShares Russell Mid-Cap ETF | Reduce -1.4% | 0.11% | −0.00 |
| PFE Pfizer Inc. | Reduce -1.3% | 0.07% | −0.00 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -0.5% | 0.06% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.0% | 0.09% | −0.00 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -0.5% | 0.12% | −0.00 |
| IWM iShares Russell 2000 ETF | Reduce -3.4% | 0.08% | +0.00 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -0.9% | 0.71% | +0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -0.0% | 0.97% | +0.00 |
| JNJ Johnson & Johnson | Reduce -9.2% | 0.21% | +0.01 |
| HD Home Depot Inc. | Reduce -1.3% | 0.52% | +0.01 |
| IOO iShares Global 100 ETF | Reduce -2.0% | 0.62% | +0.02 |
| XLC SS Comm Select Sector SPDR | Reduce -0.2% | 2.53% | +0.06 |
| GE General Electric | Reduce -1.3% | 0.94% | +0.07 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.4% | 0.90% | +0.11 |
| GOOGL Alphabet Inc. Class A | Reduce -1.2% | 1.67% | +0.37 |
Portfolio Buys Q2 2025 → Q3 2025
| XLK SS Technology Select Sector | Add +2.9% | 8.33% | +0.60 |
| AAPL Apple Inc. | Add +6.9% | 1.47% | +0.29 |
| BOND PIMCO Active Bond Exchange-T | Add +6.6% | 12.91% | +0.20 |
| ESGV Vanguard ESG US Stock ETF | New | 0.18% | +0.18 |
| XLF SS Financial Select Sector | Add +7.3% | 3.28% | +0.12 |
| NVDA Nvidia Corp. | Add +1.2% | 1.07% | +0.12 |
| XLY SS Consumer Disc Select Sect | Add +1.5% | 2.22% | +0.11 |
| MRK Merck & Co. Inc. | Add +12.3% | 0.85% | +0.09 |
| PULS Pgim Ultra Short Bond ETF | Add +7.3% | 8.04% | +0.09 |
| DFSU Dimensional US Sus CORE1 ETF | New | 0.08% | +0.08 |
| AMGN Amgen Inc. | Add +12.7% | 0.88% | +0.06 |
| TMO Thermo Fisher Scientific Inc. | Add +39.8% | 0.14% | +0.05 |
| SGOV iShares 0-3 Month Treasury B | Add +7.1% | 5.77% | +0.05 |
| IJR iShares Core S&P Small-Cap E | Add +1.4% | 0.80% | +0.03 |
| XLRE SS Real Estate Select Sector | Add +8.9% | 0.66% | +0.03 |
| UNP Union Pacific Corp. | Add +6.4% | 0.84% | +0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +0.7% | 1.04% | +0.01 |
| XLE SS Energy Select Sector | Add +1.6% | 1.90% | +0.01 |
| PEP Pepsico Inc. | Add +1.2% | 0.74% | +0.01 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +0.0% | 0.43% | +0.01 |
| SCHB Schwab US Broad Market ETF | Add +0.6% | 0.10% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +0.0% | 0.05% | +0.00 |
| VFH Vanguard Financials ETF | Add +3.8% | 0.08% | +0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.7% | 1.12% | +0.00 |
| XLV SS Health Care Select Sector | Add +2.9% | 2.10% | −0.00 |
| FDX FedEx Corp. | Add +2.0% | 0.68% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.9% | 0.97% | −0.00 |
| ADBE Adobe Inc. | Add +15.2% | 0.70% | −0.01 |
| DIVI Franklin International Core | Add +0.7% | 2.69% | −0.02 |
| XLI SS Industrial Select Sector | Add +0.1% | 1.66% | −0.03 |
| AMZN Amazon.com Inc. | Add +1.0% | 0.77% | −0.04 |
| XLP SS Consumer Staples Sel Sect | Add +5.3% | 1.06% | −0.04 |
| CRM Salesforce Inc. | Add +15.3% | 0.87% | −0.05 |
| CORP PIMCO Inv Grade Corp. BD ETF | Add +3.0% | 4.67% | −0.08 |
| COST Costco Wholesale Corp. | Add +3.5% | 0.92% | −0.09 |
| PYLD PIMCO Multisector Bond Actv | Add +3.2% | 5.08% | −0.09 |
| STZ Constellation Brands Inc. Class A | Add +6.8% | 0.48% | −0.10 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 100 | $515.1M | XLK, BOND, PYLD, PULS, XLF |
| Q1 2026 | 94 | $475.8M | BOND, PYLD, XLK, PULS, SGOV |
| Q4 2025 | 89 | $500.3M | BOND, XLK, PULS, PYLD, SGOV |
| Q3 2025 | 80 | $494.5M | BOND, XLK, PULS, SGOV, PYLD |
| Q2 2025 | 79 | $465.3M | BOND, PULS, XLK, SGOV, PYLD |
| Q1 2025 | 84 | $441.5M | BOND, PULS, SGOV, XLK, PYLD |
| Q4 2024 | 67 | $368.0M | PULS, SGOV, XLK, BOND, IXN |
| Q3 2024 | 65 | $340.3M | PULS, SGOV, XLK, BOND, IXN |
| Q2 2024 | 64 | $311.5M | PULS, SGOV, XLK, BOND, IXN |
| Q1 2024 | 64 | $310.0M | XLK, PULS, BOND, SGOV, LDUR |