Vickerman Investment Advisors, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Vickerman Investment Advisors, Inc. reported 89 stock positions worth $500.3 million. Its top holding was PIMCO Active Bond Exchange-T (BOND) at 14.5% of the portfolio, followed by SS Technology Select Sector (XLK, 8.6%) and Pgim Ultra Short Bond ETF (PULS, 7.9%). Compared with Q3 2025, it opened 14 new positions, sold out of 5, added to 23 and reduced 47. The biggest buy was PIMCO Active Bond Exchange-T (BOND, shares +14%) and the biggest sale iShares 0-3 Month Treasury B (SGOV, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- SPOKANE, WA
- CIK
- 0001898296
- Portfolio Value
- $500.3M (Q4 2025)
- SEC Filing
- 0001898296-26-000001 ↗ filed Feb 12, 2026
Holdings Value
Holdings 89 stocks · $500.3M
| BOND PIMCO Active Bond Exchange-T | 14.46% | 777,120 | $72.3M | Add +13.6% |
| XLK SS Technology Select Sector | 8.59% | 298,671 | $43.0M | Add +2.1% |
| PULS Pgim Ultra Short Bond ETF | 7.91% | 798,209 | $39.6M | Add +0.0% |
| PYLD PIMCO Multisector Bond Actv | 6.24% | 1,170,518 | $31.2M | Add +25.2% |
| SGOV iShares 0-3 Month Treasury B | 4.85% | 241,943 | $24.3M | Reduce -14.7% |
| CORP PIMCO Inv Grade Corp. BD ETF | 4.10% | 209,632 | $20.5M | Reduce -10.5% |
| XLF SS Financial Select Sector | 3.76% | 343,303 | $18.8M | Add +14.2% |
| DIVI Franklin International Core | 2.83% | 364,567 | $14.2M | Add +2.3% |
| XLY SS Consumer Disc Select Sect | 2.63% | 110,076 | $13.1M | Add +20.2% |
| XLC SS Comm Select Sector SPDR | 2.49% | 105,855 | $12.5M | Add +0.3% |
| XLV SS Health Care Select Sector | 2.24% | 72,307 | $11.2M | Reduce -3.1% |
| IXN iShares Global Tech ETF | 2.07% | 98,472 | $10.3M | Reduce -21.1% |
| XLE SS Energy Select Sector | 1.86% | 208,640 | $9.3M | Reduce -1.0% |
| XLI SS Industrial Select Sector | 1.69% | 54,561 | $8.5M | Add +2.4% |
| GOOGL Alphabet Inc. Class A | 1.66% | 26,522 | $8.3M | Reduce -21.7% |
| AAPL Apple Inc. | 1.33% | 24,484 | $6.7M | Reduce -14.1% |
| MSFT Microsoft Corp. | 1.29% | 13,339 | $6.5M | Reduce -8.7% |
| XLP SS Consumer Staples Sel Sect | 1.13% | 72,854 | $5.7M | Add +9.0% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.12% | 26,457 | $5.6M | Add +7.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.11% | 11,080 | $5.6M | Add +0.4% |
| V Visa Inc. Class A | 1.02% | 14,586 | $5.1M | Reduce -0.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.99% | 17,090 | $5.0M | Add +5.1% |
| WMT Walmart Inc. | 0.99% | 44,379 | $4.9M | Reduce -6.2% |
| VAW Vanguard Materials ETF | 0.97% | 23,316 | $4.8M | Add +1.6% |
| CRM Salesforce Inc. | 0.96% | 18,102 | $4.8M | Reduce -0.6% |
| AMGN Amgen Inc. | 0.96% | 14,623 | $4.8M | Reduce -5.6% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.92% | 107,615 | $4.6M | Reduce -2.3% |
| MRK Merck & Co. Inc. | 0.87% | 41,418 | $4.4M | Reduce -17.1% |
| COST Costco Wholesale Corp. | 0.86% | 4,993 | $4.3M | Add +1.5% |
| IJR iShares Core S&P Small-Cap E | 0.84% | 34,825 | $4.2M | Add +4.6% |
| NVDA Nvidia Corp. | 0.81% | 21,835 | $4.1M | Reduce -22.9% |
| UNP Union Pacific Corp. | 0.79% | 17,189 | $4.0M | Reduce -1.8% |
| FDX FedEx Corp. | 0.79% | 13,735 | $4.0M | Reduce -3.8% |
| AMZN Amazon.com Inc. | 0.76% | 16,531 | $3.8M | Reduce -4.9% |
| GE General Electric filed as GE AEROSPACE | 0.76% | 12,338 | $3.8M | Reduce -20.3% |
| LNG Cheniere Energy Inc. | 0.75% | 19,294 | $3.8M | Reduce -1.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.74% | 12,152 | $3.7M | Reduce -23.4% |
| META Meta Platforms Inc. Class A | 0.73% | 5,553 | $3.7M | Add +9.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.71% | 44,274 | $3.6M | Reduce -0.9% |
| HON Honeywell International Inc. | 0.71% | 18,160 | $3.5M | Reduce -1.5% |
| XLRE SS Real Estate Select Sector | 0.71% | 87,562 | $3.5M | Add +12.9% |
| IOO iShares Global 100 ETF | 0.64% | 25,249 | $3.2M | Reduce -0.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.58% | 31,491 | $2.9M | Add +13.1% |
| PEP Pepsico Inc. | 0.57% | 19,985 | $2.9M | Reduce -23.1% |
| TMUS T-Mobile US Inc. | 0.53% | 13,166 | $2.7M | Reduce -10.0% |
| SNOW Snowflake Inc. | 0.50% | 11,300 | $2.5M | Reduce -3.2% |
| ADBE Adobe Inc. | 0.49% | 6,981 | $2.4M | Reduce -29.1% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.43% | 7,069 | $2.1M | Reduce -0.2% |
| PYPL PayPal Holdings Inc. | 0.42% | 36,010 | $2.1M | Reduce -10.0% |
| NKE Nike Inc. Class B | 0.34% | 26,874 | $1.7M | Reduce -40.9% |
| CSCO Cisco Systems Inc. | 0.28% | 18,028 | $1.4M | Reduce -22.8% |
| STZ Constellation Brands Inc. Class A | 0.26% | 9,520 | $1.3M | Reduce -45.6% |
| VDC Vanguard Consumer Staple ETF | 0.23% | 5,501 | $1.2M | New |
| JNJ Johnson & Johnson | 0.21% | 5,115 | $1.1M | Reduce -7.7% |
| SBUX Starbucks Corp. | 0.17% | 10,376 | $874K | Reduce -58.4% |
| HD Home Depot Inc. | 0.17% | 2,459 | $846K | Reduce -61.4% |
| ESGV Vanguard ESG US Stock ETF | 0.17% | 6,995 | $846K | Reduce -7.8% |
| IJS iShares S&P Small-Cap 600 Va | 0.17% | 7,382 | $839K | Reduce -0.4% |
| TMO Thermo Fisher Scientific Inc. | 0.16% | 1,420 | $823K | Add +0.1% |
| VGT Vanguard Info Tech ETF | 0.16% | 1,074 | $810K | New |
| VYM Vanguard High DVD Yield ETF | 0.15% | 5,382 | $772K | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.15% | 6,782 | $772K | Reduce -74.8% |
| VDE Vanguard Energy ETF | 0.14% | 5,690 | $716K | Reduce -0.6% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.14% | 7,860 | $707K | New |
| VCR Vanguard Consumer Discre ETF | 0.14% | 1,750 | $689K | New |
| VFH Vanguard Financials ETF | 0.13% | 4,931 | $658K | Add +58.4% |
| VHT Vanguard Health Care ETF | 0.13% | 2,259 | $650K | New |
| IJT iShares S&P Small-Cap 600 GR | 0.11% | 4,048 | $571K | Reduce -0.3% |
| IWR iShares Russell Mid-Cap ETF | 0.11% | 5,814 | $560K | Reduce -0.2% |
| LLY Eli Lilly & Co. | 0.11% | 517 | $556K | Add +37.5% |
| JEPI JPMorgan Equity Premium Inco | 0.09% | 7,522 | $431K | New |
| IJK iShares S&P Mid-Cap 400 Grow | 0.08% | 4,154 | $402K | Add +3.5% |
| NOW ServiceNow Inc. | 0.08% | 2,615 | $401K | New |
| IWM iShares Russell 2000 ETF | 0.08% | 1,617 | $398K | Reduce -1.5% |
| SCHB Schwab US Broad Market ETF | 0.08% | 14,665 | $385K | Reduce -22.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.07% | 541 | $369K | Reduce -14.3% |
| DFSU Dimensional US Sus CORE1 ETF | 0.07% | 8,074 | $351K | Reduce -7.9% |
| VEA Vanguard Ftse Developed ETF | 0.07% | 5,416 | $338K | No change |
| VNQ Vanguard Real Estate ETF | 0.07% | 3,790 | $335K | New |
| IVV iShares Core S&P 500 ETF | 0.07% | 475 | $325K | New |
| VOX Vanguard Communication Servi | 0.06% | 1,493 | $289K | New |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.06% | 2,138 | $281K | No change |
| MU Micron Technology Inc. | 0.05% | 928 | $265K | New |
| EFV iShares MSCI Eafe Value ETF | 0.05% | 3,657 | $261K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.05% | 2,837 | $254K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.05% | 4,530 | $244K | No change |
| IAU iShares Gold Trust | 0.05% | 2,873 | $233K | New |
| XLB SS Materials Select Sector | 0.05% | 4,976 | $226K | Reduce -7.5% |
| GOSS Gossamer Bio Inc. | 0.02% | 34,787 | $108K | New |
Portfolio Sells Q3 2025 → Q4 2025
| SGOV iShares 0-3 Month Treasury B | Reduce -14.7% | 4.85% | −0.92 |
| CORP PIMCO Inv Grade Corp. BD ETF | Reduce -10.5% | 4.10% | −0.57 |
| IXN iShares Global Tech ETF | Reduce -21.1% | 2.07% | −0.54 |
| DIS The Walt Disney Co. | Reduce -74.8% | 0.15% | −0.47 |
| HD Home Depot Inc. | Reduce -61.4% | 0.17% | −0.35 |
| NKE Nike Inc. Class B | Reduce -40.9% | 0.34% | −0.30 |
| NVDA Nvidia Corp. | Reduce -22.9% | 0.81% | −0.26 |
| SBUX Starbucks Corp. | Reduce -58.4% | 0.17% | −0.25 |
| MSFT Microsoft Corp. | Reduce -8.7% | 1.29% | −0.24 |
| STZ Constellation Brands Inc. Class A | Reduce -45.6% | 0.26% | −0.21 |
| ADBE Adobe Inc. | Reduce -29.1% | 0.49% | −0.21 |
| LNG Cheniere Energy Inc. | Reduce -1.7% | 0.75% | −0.18 |
| GE General Electric | Reduce -20.3% | 0.76% | −0.18 |
| TMUS T-Mobile US Inc. | Reduce -10.0% | 0.53% | −0.17 |
| PEP Pepsico Inc. | Reduce -23.1% | 0.57% | −0.17 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -23.4% | 0.74% | −0.16 |
| AAPL Apple Inc. | Reduce -14.1% | 1.33% | −0.14 |
| PYPL PayPal Holdings Inc. | Reduce -10.0% | 0.42% | −0.12 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.10 |
| HON Honeywell International Inc. | Reduce -1.5% | 0.71% | −0.08 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.07 |
| LONZ PIMCO Senior Loan Active ETF | Sold out | 0.00% | −0.06 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -2.3% | 0.92% | −0.05 |
| AVUS Avantis U.S. Equity ETF | Sold out | 0.00% | −0.05 |
| CSCO Cisco Systems Inc. | Reduce -22.8% | 0.28% | −0.05 |
| UNP Union Pacific Corp. | Reduce -1.8% | 0.79% | −0.04 |
| XLE SS Energy Select Sector | Reduce -1.0% | 1.86% | −0.04 |
| SNOW Snowflake Inc. | Reduce -3.2% | 0.50% | −0.04 |
| SCHB Schwab US Broad Market ETF | Reduce -22.7% | 0.08% | −0.02 |
| ESGV Vanguard ESG US Stock ETF | Reduce -7.8% | 0.17% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -14.3% | 0.07% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -4.9% | 0.76% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -21.7% | 1.66% | −0.01 |
| DFSU Dimensional US Sus CORE1 ETF | Reduce -7.9% | 0.07% | −0.01 |
| XLB SS Materials Select Sector | Reduce -7.5% | 0.05% | −0.00 |
| VDE Vanguard Energy ETF | Reduce -0.6% | 0.14% | −0.00 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -0.3% | 0.11% | −0.00 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.2% | 0.11% | −0.00 |
| IWM iShares Russell 2000 ETF | Reduce -1.5% | 0.08% | −0.00 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -0.2% | 0.43% | +0.00 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -0.9% | 0.71% | +0.00 |
| WMT Walmart Inc. | Reduce -6.2% | 0.99% | +0.00 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -0.4% | 0.17% | +0.00 |
| JNJ Johnson & Johnson | Reduce -7.7% | 0.21% | +0.00 |
| V Visa Inc. Class A | Reduce -0.3% | 1.02% | +0.01 |
| IOO iShares Global 100 ETF | Reduce -0.8% | 0.64% | +0.02 |
| MRK Merck & Co. Inc. | Reduce -17.1% | 0.87% | +0.02 |
| AMGN Amgen Inc. | Reduce -5.6% | 0.96% | +0.07 |
| CRM Salesforce Inc. | Reduce -0.6% | 0.96% | +0.09 |
Portfolio Buys Q3 2025 → Q4 2025
| BOND PIMCO Active Bond Exchange-T | Add +13.6% | 14.46% | +1.54 |
| PYLD PIMCO Multisector Bond Actv | Add +25.2% | 6.24% | +1.17 |
| XLF SS Financial Select Sector | Add +14.2% | 3.76% | +0.48 |
| XLY SS Consumer Disc Select Sect | Add +20.2% | 2.63% | +0.41 |
| XLK SS Technology Select Sector | Add +2.1% | 8.59% | +0.26 |
| VDC Vanguard Consumer Staple ETF | New | 0.23% | +0.23 |
| VGT Vanguard Info Tech ETF | New | 0.16% | +0.16 |
| VYM Vanguard High DVD Yield ETF | New | 0.15% | +0.15 |
| DIVI Franklin International Core | Add +2.3% | 2.83% | +0.14 |
| VYMI Vanguard Int High DVD YLD Inc. | New | 0.14% | +0.14 |
| VCR Vanguard Consumer Discre ETF | New | 0.14% | +0.14 |
| VHT Vanguard Health Care ETF | New | 0.13% | +0.13 |
| JEPI JPMorgan Equity Premium Inco | New | 0.09% | +0.09 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +7.5% | 1.12% | +0.08 |
| NOW ServiceNow Inc. | New | 0.08% | +0.08 |
| XLP SS Consumer Staples Sel Sect | Add +9.0% | 1.13% | +0.07 |
| VNQ Vanguard Real Estate ETF | New | 0.07% | +0.07 |
| IVV iShares Core S&P 500 ETF | New | 0.07% | +0.07 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +13.1% | 0.58% | +0.06 |
| VOX Vanguard Communication Servi | New | 0.06% | +0.06 |
| LLY Eli Lilly & Co. | Add +37.5% | 0.11% | +0.05 |
| MU Micron Technology Inc. | New | 0.05% | +0.05 |
| VFH Vanguard Financials ETF | Add +58.4% | 0.13% | +0.05 |
| IAU iShares Gold Trust | New | 0.05% | +0.05 |
| XLRE SS Real Estate Select Sector | Add +12.9% | 0.71% | +0.05 |
| IJR iShares Core S&P Small-Cap E | Add +4.6% | 0.84% | +0.04 |
| XLI SS Industrial Select Sector | Add +2.4% | 1.69% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +0.1% | 0.16% | +0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +5.1% | 0.99% | +0.02 |
| GOSS Gossamer Bio Inc. | New | 0.02% | +0.02 |
| VAW Vanguard Materials ETF | Add +1.6% | 0.97% | +0.02 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +3.5% | 0.08% | +0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.4% | 1.11% | −0.01 |
| META Meta Platforms Inc. Class A | Add +9.5% | 0.73% | −0.02 |
| XLC SS Comm Select Sector SPDR | Add +0.3% | 2.49% | −0.04 |
| COST Costco Wholesale Corp. | Add +1.5% | 0.86% | −0.06 |
| PULS Pgim Ultra Short Bond ETF | Add +0.0% | 7.91% | −0.13 |
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 |