1834 INVESTMENT ADVISORS CO's Q1 2025 13F: 7 new positions, 11 exits

Form 13F-HR for the quarter ended Mar 31, 2025 · filed May 9, 2025 · 206 reported positions · accession 0001172661-25-001635

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
Exited JANUS HENDERSON GROUP PLC (JHG) 0.4% — −0.4 pts −69,764 sh −100%
Increased VANGUARD INDEX FDS (VOO) 2.2% 2.4% +0.3 pts +4,869 sh +15%
Increased LAUDER ESTEE COS INC (EL) 0.1% 0.3% +0.3 pts +34,463 sh +574%
Reduced VANGUARD SCOTTSDALE FDS (VGSH) 5.7% 5.6% −0.1 pts −37,502 sh −5%
Reduced VIRTU FINL INC (VIRT) 1.3% 1.1% −0.2 pts −57,497 sh −20%
Reduced ISHARES TR (IJJ) 2.2% 1.9% −0.3 pts −16,989 sh −12%
Increased SPDR SER TR (SPYG) 1.0% 1.2% +0.2 pts +24,072 sh +26%
Increased VANGUARD SCOTTSDALE FDS (VMBS) 1.2% 1.5% +0.3 pts +41,062 sh +20%
Reduced CHEVRON CORP NEW (CVX) 0.6% 0.4% −0.1 pts −10,102 sh −34%
Increased ALLY FINL INC (ALLY) 1.0% 1.2% +0.2 pts +43,059 sh +20%
Reduced APPLE INC (AAPL) 3.5% 3.0% −0.5 pts −6,828 sh −6%
Reduced ISHARES TR (IVE) 4.4% 4.2% −0.1 pts −7,869 sh −4%
Increased APA CORPORATION (APA) 0.6% 0.8% +0.1 pts +70,732 sh +34%
Increased CITIGROUP INC (C) 0.6% 0.8% +0.2 pts +20,919 sh +30%
Reduced WEC ENERGY GROUP INC (WEC) 0.9% 0.9% 0.0 pts −12,977 sh −18%
Increased VANGUARD SCOTTSDALE FDS (VCSH) 3.8% 4.1% +0.3 pts +17,026 sh +4%
Increased CNH INDL N V (CNHI) 0.7% 1.0% +0.2 pts +101K sh +20%
Reduced COMERICA INC (CMA) 0.7% 0.5% −0.2 pts −20,714 sh −23%
Reduced SPDR GOLD TR (GLD) 1.1% 1.1% +0.1 pts −4,201 sh −12%
Reduced ISHARES TR (IVW) 5.8% 5.3% −0.5 pts −12,401 sh −3%
Reduced ALTRIA GROUP INC (MO) 1.0% 1.1% 0.0 pts −17,565 sh −11%
Increased VANGUARD SCOTTSDALE FDS (VCIT) 3.2% 3.5% +0.3 pts +12,398 sh +4%
Reduced ISHARES TR (IJK) 2.1% 1.9% −0.3 pts −11,915 sh −6%
Increased WESTERN UN CO (WU) 0.6% 0.8% +0.1 pts +88,769 sh +18%
Increased SPDR SER TR (SPYV) 1.9% 2.0% +0.1 pts +16,958 sh +6%
Reduced ABBVIE INC (ABBV) 0.2% 0.1% −0.1 pts −3,990 sh −42%
Increased FORD MTR CO (F) 0.4% 0.5% +0.1 pts +80,746 sh +28%
New BERKSHIRE HATHAWAY INC DEL (BRK-A) — 0.1% +0.1 pts +1 sh new
Reduced LOCKHEED MARTIN CORP (LMT) 0.9% 0.7% −0.2 pts −1,774 sh −12%
Reduced WILLIAMS SONOMA INC (WSM) 0.3% 0.2% −0.1 pts −4,806 sh −36%
Reduced AT&T INC (T) 1.6% 1.9% +0.3 pts −26,018 sh −5%
Reduced ISHARES INC (EMXC) 0.1% 0.0% −0.1 pts −11,894 sh −73%
New ISHARES TR (OEF) — 0.1% +0.1 pts +2,406 sh new
Reduced VANGUARD ADMIRAL FDS INC (IVOO) 0.2% 0.2% −0.1 pts −5,750 sh −31%
Reduced KINDER MORGAN INC DEL (KMI) 1.6% 1.6% 0.0 pts −19,374 sh −4%
Reduced PROCTER AND GAMBLE CO (PG) 0.5% 0.5% −0.1 pts −3,230 sh −13%
Increased TYSON FOODS INC (TSN) 0.3% 0.4% +0.1 pts +8,507 sh +19%
Reduced CISCO SYS INC (CSCO) 0.9% 0.8% 0.0 pts −8,795 sh −8%
Increased FORTINET INC (FTNT) 0.1% 0.1% +0.1 pts +5,470 sh +84%
Reduced VANGUARD SCOTTSDALE FDS (VGIT) 3.0% 3.0% +0.1 pts −8,863 sh −2%
Exited SCHWAB STRATEGIC TR (SCHX) 0.1% — −0.1 pts −21,792 sh −100%
Increased VANGUARD INTL EQUITY INDEX F (VWO) 0.5% 0.6% +0.1 pts +10,827 sh +12%
Increased COTERRA ENERGY INC (CTRA) 1.0% 1.2% +0.2 pts +16,533 sh +5%
New CARNIVAL CORP (CCL) — 0.1% +0.1 pts +23,592 sh new
Reduced MICROSOFT CORP (MSFT) 3.0% 2.7% −0.3 pts −1,217 sh −2%
Reduced EXXON MOBIL CORP (XOM) 0.3% 0.3% 0.0 pts −3,803 sh −15%
Reduced CUBESMART (CUBE) 0.5% 0.4% 0.0 pts −10,344 sh −12%
Reduced PUBLIC STORAGE OPER CO (PSA) 0.5% 0.5% 0.0 pts −1,391 sh −10%
Reduced KROGER CO (KR) 1.1% 1.2% +0.1 pts −6,118 sh −4%
Exited RBB FD INC (TBIL) 0.1% — −0.1 pts −8,407 sh −100%

The 50 largest of 194 changes, by size of the trade. Full holdings for this quarter.

Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled

Top 10 positions — 35.8% of the equity book

Changes in the top 10 this quarter: SPYV entered · IJJ left

# Security Weight before Weight now
1 VANGUARD SCOTTSDALE FDS (VGSH) 5.7% 5.6%
2 ISHARES TR (IVW) 5.8% 5.3%
3 ISHARES TR (IVE) 4.4% 4.2%
4 VANGUARD SCOTTSDALE FDS (VCSH) 3.8% 4.1%
5 VANGUARD SCOTTSDALE FDS (VCIT) 3.2% 3.5%
6 VANGUARD SCOTTSDALE FDS (VGIT) 3.0% 3.0%
7 APPLE INC (AAPL) 3.5% 3.0%
8 MICROSOFT CORP (MSFT) 3.0% 2.7%
9 VANGUARD INDEX FDS (VOO) 2.2% 2.4%
10 SPDR SER TR (SPYV) 1.9% 2.0% Entered the top 10
— ISHARES TR (IJJ) 2.2% 1.9% Left the top 10

Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).

Option positions (puts and calls)

Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.

Activity Security Type Shares before Shares now Reported value
New SPDR S&P 500 ETF TR (SPY) Put 0 2,000 $1.12M
New BANK AMERICA CORP (BAC) Call 0 3,500 $146K
New INVESCO QQQ TR (QQQ) Put 0 200 $93.8K
New CITIGROUP INC (C) Call 0 1,000 $71K
New SPDR S&P 500 ETF TR (SPY) Call 0 100 $55.9K
New SCHLUMBERGER LTD (SLB) Call 0 500 $20.9K