Waycross Investment Management Co
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 8, 2026), Waycross Investment Management Co reported 47 stock positions worth $113.7 million. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 9.8% of the portfolio, followed by iShares Ibonds Dec 2030 Trea (IBTK, 8.9%) and iShares Ibonds Dec 2029 Term (IBTJ, 8.2%). Compared with Q3 2025, it opened 8 new positions, sold out of 3, added to 15 and reduced 12. The biggest buy was a new position in First Citizens Bcshs Class A (FCNCA) and the biggest sale Dimensional US High Profi Et (DUHP, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- BELLINGHAM, WA
- CIK
- 0001922448
- Portfolio Value
- $113.7M (Q4 2025)
- SEC Filing
- 0001922448-26-000002 ↗ filed Jan 8, 2026
Holdings Value
Holdings 47 stocks · $113.7M
| IEFA iShares Core MSCI Eafe ETF | 9.81% | 124,676 | $11.2M | Add +2.3% |
| IBTK iShares Ibonds Dec 2030 Trea | 8.86% | 507,574 | $10.1M | Add +1.1% |
| IBTJ iShares Ibonds Dec 2029 Term | 8.20% | 424,860 | $9.3M | Add +1.0% |
| DUHP Dimensional US High Profi Et | 6.41% | 191,607 | $7.3M | Reduce -0.1% |
| FCNCA First Citizens Bcshs Class A | 5.85% | 3,098 | $6.6M | New |
| BSCU Invesco Bulletshares 2030 CB | 5.67% | 381,292 | $6.5M | Reduce -0.0% |
| BSCV Invesco Bulletshares 2031 CB | 5.64% | 384,235 | $6.4M | Add +0.4% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 4.95% | 131,912 | $5.6M | Add +21.0% |
| FLRT Pacer Aristotle Pacific Floa | 3.80% | 91,609 | $4.3M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.55% | 5,923 | $4.0M | Reduce -0.2% |
| GOOG Alphabet Inc. Class C | 3.24% | 11,739 | $3.7M | No change |
| MSFT Microsoft Corp. | 3.17% | 7,455 | $3.6M | Add +4.2% |
| JBL Jabil Inc. | 2.49% | 12,402 | $2.8M | No change |
| GRID First TRST Nasd Class Edg Sgiif | 2.12% | 15,759 | $2.4M | Add +15.9% |
| STLD Steel Dynamics Inc. | 1.99% | 13,341 | $2.3M | Reduce -0.7% |
| RTX RTX Corp. | 1.86% | 11,531 | $2.1M | No change |
| DE Deere & Co. | 1.55% | 3,783 | $1.8M | No change |
| TMUS T-Mobile US Inc. | 1.42% | 7,940 | $1.6M | Reduce -3.8% |
| AAPL Apple Inc. | 1.34% | 5,586 | $1.5M | Add +13.7% |
| CSCO Cisco Systems Inc. | 1.27% | 18,700 | $1.4M | Add +4.5% |
| WMT Walmart Inc. | 1.24% | 12,706 | $1.4M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.17% | 2,652 | $1.3M | No change |
| DHR Danaher Corp. | 1.03% | 5,131 | $1.2M | Reduce -3.1% |
| MELI MercadoLibre Inc. | 1.03% | 581 | $1.2M | Add +3.9% |
| SCHR Schwab Intermediate-Term US | 1.01% | 45,646 | $1.1M | No change |
| SCHB Schwab US Broad Market ETF | 0.91% | 39,665 | $1.0M | Reduce -0.3% |
| WU Western Union Co. | 0.88% | 107,401 | $1000K | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.87% | 10,886 | $995K | Add +10.1% |
| SGOV iShares 0-3 Month Treasury B | 0.85% | 9,671 | $971K | Reduce -1.0% |
| J Jacobs Solutions Inc. | 0.75% | 6,470 | $857K | No change |
| COST Costco Wholesale Corp. | 0.73% | 966 | $833K | Add +0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.70% | 2,360 | $791K | Add +198.0% |
| EEM iShares MSCI Emerging Market | 0.59% | 12,316 | $674K | New |
| XYL Xylem Inc. | 0.56% | 4,674 | $637K | No change |
| AMZN Amazon.com Inc. | 0.54% | 2,658 | $614K | No change |
| GPK Graphic Packaging Holding Co. | 0.52% | 39,540 | $595K | Reduce -1.4% |
| RSP Invesco S&P 500 Equal Weight | 0.51% | 3,047 | $584K | Add +12.3% |
| CP Canadian Pacific Kansas City | 0.45% | 6,912 | $509K | No change |
| VXUS Vanguard Total Intl Stock | 0.39% | 5,824 | $439K | New |
| AVGO Broadcom Inc. | 0.35% | 1,160 | $401K | No change |
| QQQI Neos Nasdaq-100 High Inc. ETF | 0.32% | 6,797 | $366K | Add +21.9% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.31% | 6,794 | $347K | No change |
| VOO Vanguard S&P 500 ETF | 0.27% | 481 | $302K | Reduce -4.4% |
| GLD SPDR Gold Shares | 0.24% | 676 | $268K | Reduce -33.6% |
| GDX Vaneck Gold Miners ETF | 0.22% | 2,884 | $247K | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.21% | 483 | $236K | New |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.20% | 771 | $224K | New |
Portfolio Sells Q3 2025 → Q4 2025
| DUHP Dimensional US High Profi Et | Reduce -0.1% | 6.41% | −0.98 |
| BSCU Invesco Bulletshares 2030 CB | Reduce -0.0% | 5.67% | −0.90 |
| BCC Boise Cascade Co. | Sold out | 0.00% | −0.83 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.80 |
| TMUS T-Mobile US Inc. | Reduce -3.8% | 1.42% | −0.60 |
| XNTK SS SPDR Nyse Tech ETF | Sold out | 0.00% | −0.52 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.2% | 3.55% | −0.48 |
| GPK Graphic Packaging Holding Co. | Reduce -1.4% | 0.52% | −0.28 |
| SGOV iShares 0-3 Month Treasury B | Reduce -1.0% | 0.85% | −0.15 |
| GLD SPDR Gold Shares | Reduce -33.6% | 0.24% | −0.13 |
| SCHB Schwab US Broad Market ETF | Reduce -0.3% | 0.91% | −0.13 |
| WMT Walmart Inc. | Reduce -0.5% | 1.24% | −0.10 |
| VOO Vanguard S&P 500 ETF | Reduce -4.4% | 0.27% | −0.05 |
| DHR Danaher Corp. | Reduce -3.1% | 1.03% | −0.04 |
| STLD Steel Dynamics Inc. | Reduce -0.7% | 1.99% | +0.08 |
Portfolio Buys Q3 2025 → Q4 2025
| FCNCA First Citizens Bcshs Class A | New | 5.85% | +5.85 |
| FLRT Pacer Aristotle Pacific Floa | New | 3.80% | +3.80 |
| WU Western Union Co. | New | 0.88% | +0.88 |
| EEM iShares MSCI Emerging Market | New | 0.59% | +0.59 |
| VTI VG Morningstar TS MKT ETF-US | Add +198.0% | 0.70% | +0.43 |
| VXUS Vanguard Total Intl Stock | New | 0.39% | +0.39 |
| GDX Vaneck Gold Miners ETF | New | 0.22% | +0.22 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.21% | +0.21 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.20% | +0.20 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +21.0% | 4.95% | +0.10 |
| AAPL Apple Inc. | Add +13.7% | 1.34% | +0.06 |
| GRID First TRST Nasd Class Edg Sgiif | Add +15.9% | 2.12% | +0.02 |
| CSCO Cisco Systems Inc. | Add +4.5% | 1.27% | +0.02 |
| QQQI Neos Nasdaq-100 High Inc. ETF | Add +21.9% | 0.32% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +12.3% | 0.51% | −0.01 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +10.1% | 0.87% | −0.05 |
| COST Costco Wholesale Corp. | Add +0.1% | 0.73% | −0.18 |
| MELI MercadoLibre Inc. | Add +3.9% | 1.03% | −0.30 |
| MSFT Microsoft Corp. | Add +4.2% | 3.17% | −0.61 |
| BSCV Invesco Bulletshares 2031 CB | Add +0.4% | 5.64% | −0.87 |
| IEFA iShares Core MSCI Eafe ETF | Add +2.3% | 9.81% | −1.05 |
| IBTJ iShares Ibonds Dec 2029 Term | Add +1.0% | 8.20% | −1.23 |
| IBTK iShares Ibonds Dec 2030 Trea | Add +1.1% | 8.86% | −1.32 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 59 | $131.3M | IBTK, IBTJ, GRID, DUHP, XLU |
| Q1 2026 | 44 | $104.7M | IBTK, IBTJ, DUHP, XLU, BSCU |
| Q4 2025 | 47 | $113.7M | IEFA, IBTK, IBTJ, DUHP, FCNCA |
| Q3 2025 | 42 | $98.0M | IEFA, IBTK, IBTJ, DUHP, BSCU |
| Q2 2025 | 39 | $96.1M | IBTK, IBTJ, IEFA, DUHP, BSCU |
| Q1 2025 | 38 | $88.7M | IBTK, IBTJ, DUHP, BSCU, BSCV |
| Q4 2024 | 42 | $95.0M | IBTK, IBTJ, DUHP, BSCU, BSCV |
| Q3 2024 | 49 | $108.6M | IBTK, IBTJ, DUHP, BSCU, BSCV |
| Q2 2024 | 51 | $103.6M | IBTK, IBTJ, SCHZ, DUHP, BIL |
| Q1 2024 | 56 | $107.3M | IBTK, IBTJ, SCHZ, DUHP, VB |