13F HOLDINGS REPORT

LVM CAPITAL MANAGEMENT LTD/MI

Quarter ended Q4 2025 · Filed January 12, 2026 · Accession 0001053054-26-000001

Total Value

Positions

Other Managers

Confidential Omitted

Holdings (161)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	APPLE	AAPL	368,719	$100,240	9.31%
2	BROADCOM	AVGO	240,090	$83,095	7.72%
3	MICROSOFT	MSFT	168,571	$81,524	7.57%
4	ELI LILLY	LLY	51,197	$55,020	5.11%
5	ALPHABET CL A	GOOG	133,529	$41,795	3.88%
6	ABBVIE	ABBV	169,711	$38,777	3.60%
7	MORGAN STANLEY	MS-PQ	192,743	$34,218	3.18%
8	CISCO SYSTEMS	CSCO	391,748	$30,176	2.80%
9	JOHNSON & JOHNSON	JNJ	145,288	$30,067	2.79%
10	EXXON MOBIL	XOM	247,550	$29,790	2.77%
11	AMERICAN EXPRESS	AXP	79,194	$29,298	2.72%
12	PROCTER & GAMBLE	742718109	181,212	$25,970	2.41%
13	WISDOMTREE US DIV GROWTH ETF	WT	285,055	$25,492	2.37%
14	ISHARES GOLD TRUST ETF	IAU	301,370	$24,462	2.27%
15	NORTHROP GRUMMAN	NOC	39,169	$22,335	2.07%
16	APPLIED MATERIALS	038222105	75,583	$19,424	1.80%
17	JPMORGAN CHASE	VYLD	55,936	$18,024	1.67%
18	NVENT ELECTRIC	NVT	165,427	$16,869	1.57%
19	NVIDIA	NVDA	87,413	$16,303	1.51%
20	IDACORP	IDA	126,792	$16,047	1.49%
21	HOME DEPOT	HD	46,073	$15,854	1.47%
22	AMAZON	AMZN	64,503	$14,889	1.38%
23	HUBBELL	HUBB	30,635	$13,605	1.26%
24	SPDR S&P 500 EQUITY ETF	SPY	19,177	$13,077	1.21%
25	STRYKER	SYK	37,063	$13,027	1.21%
26	SALESFORCE	CRM	48,551	$12,862	1.19%
27	KROGER	KR	197,394	$12,333	1.15%
28	ISHARES MSCI INTERNATIONAL QUA	46434v456	257,461	$11,702	1.09%
29	VERTEX PHARMACEUTICALS	VRTX	25,775	$11,685	1.09%
30	PALO ALTO NETWORKS	PANW	54,938	$10,120	0.94%
31	AMGEN	AMGN	30,207	$9,887	0.92%
32	UBER	UBER	102,980	$8,414	0.78%
33	PFIZER	PFE	328,276	$8,174	0.76%
34	ISHARES MSCI EMERGING MARKETS	46434G764	111,653	$8,115	0.75%
35	EOG RESOURCES	EOG	74,505	$7,824	0.73%
36	FORTINET	FTNT	97,551	$7,747	0.72%
37	DIGITAL REALTY TRUST	253868103	46,392	$7,177	0.67%
38	WISDOMTREE US SMALLCAP DIV GRO	WT	137,487	$6,822	0.63%
39	WASTE MANAGEMENT	94106L109	30,758	$6,758	0.63%
40	CHEVRON	CVX	38,689	$5,897	0.55%
41	ICON	ICLR	32,257	$5,878	0.55%
42	ISHARES CORE INTERNATIONAL STO	46432F834	63,165	$5,346	0.50%
43	SPDR PORTFOLIO TOTAL EQUITY MA	78464A805	64,031	$5,283	0.49%
44	LOCKHEED MARTIN	LMT	9,613	$4,650	0.43%
45	ALTRIA GROUP	MO	77,040	$4,442	0.41%
46	REALTY INCOME	O	70,099	$3,951	0.37%
47	PHILIP MORRIS	718172109	24,373	$3,909	0.36%
48	SCHWAB US DIVIDEND EQ ETF	808524797	139,177	$3,818	0.35%
49	ABBOTT LABS	ABLZF	28,951	$3,627	0.34%
50	INTERNATIONAL BUSINESS MACHINE	INTR	11,520	$3,412	0.32%
51	ALPHABET CL C	GOOG	10,683	$3,352	0.31%
52	SPDR GOLD TRUST ETF	GLD	7,575	$2,998	0.28%
53	WISDOMTREE HIGH DIVIDEND ETF	WT	29,329	$2,986	0.28%
54	SYSCO	SYY	39,910	$2,941	0.27%
55	TECHNOLOGY SECTOR SPDR ETF	81369Y803	18,377	$2,646	0.25%
56	HERSHEY	HSY	14,212	$2,586	0.24%
57	PEPSICO	PEP	17,910	$2,571	0.24%
58	COMERICA	200340107	28,107	$2,443	0.23%
59	ISHARES RUSSELL 1000 GROWTH IN	464287614	5,041	$2,386	0.22%
60	BERKSHIRE HATHAWAY CL B	BRK-A	4,625	$2,325	0.22%
61	CASEYS GENERAL STORES	147528103	3,780	$2,089	0.19%
62	COCA-COLA	KO	27,524	$1,924	0.18%
63	NEXTERA ENERGY	NEE-PW	22,192	$1,782	0.17%
64	CHICAGO ATLANTIC BDC	LIEN	161,326	$1,666	0.15%
65	TORONTO-DOMINION BANK	TORO	17,336	$1,633	0.15%
66	SPDR HEALTH CARE SECTOR ETF	81369Y209	9,362	$1,449	0.13%
67	SPROTT PHYSICAL GOLD TRUST	SII	43,675	$1,442	0.13%
68	RTX CORP	RTX	7,662	$1,405	0.13%
69	MERCK	MRK	11,977	$1,261	0.12%
70	CATERPILLAR	CAT	2,166	$1,241	0.12%
71	MEDTRONIC	MDT	12,196	$1,172	0.11%
72	ISHARES S&P MID-CAP EQUITY ETF	464287507	16,257	$1,073	0.10%
73	3M	MMM	6,584	$1,054	0.10%
74	ORACLE	ORCL-PD	5,211	$1,016	0.09%
75	BANK OF AMERICA	060505104	17,993	$990	0.09%
76	VANECK SEMICONDUCTOR ETF	92189F676	2,745	$989	0.09%
77	DEERE	DE	2,095	$975	0.09%
78	MCDONALDS	MCD	3,167	$968	0.09%
79	TRAVELERS	TRV	3,251	$943	0.09%
80	SPDR NYSE TECHNOLOGY EQUITY ET	78464A102	3,379	$939	0.09%
81	VANGUARD DIVIDEND APPRECIATION	921908844	4,241	$932	0.09%
82	CINTAS	CTAS	4,950	$931	0.09%
83	INTEL	INTC	23,006	$849	0.08%
84	DUKE ENERGY	DUKB	6,941	$814	0.08%
85	UNITEDHEALTH GROUP	UNH	2,440	$805	0.07%
86	ISHARES S&P SMALLCAP 600 INDEX	464287804	6,586	$792	0.07%
87	BERKSHIRE HATHAWAY CL A	BRK-A	1	$755	0.07%
88	VISA CL A	V	2,102	$737	0.07%
89	VANGUARD FTSE EMERGING MARKETS	922042858	13,305	$715	0.07%
90	PNC FINANCIAL	693475105	3,267	$682	0.06%
91	ASTRAZENECA ADR	AZN	7,411	$681	0.06%
92	MERCANTILE BANK	587376104	13,977	$672	0.06%
93	SPDR PORTFOLIO DEVELOPED WORLD	78463X889	15,100	$671	0.06%
94	BRISTOL-MYERS SQUIBB	CELG-RI	12,224	$659	0.06%
95	AUTOMATIC DATA PROCESSING	ADP	2,559	$658	0.06%
96	THERMO FISHER SCIENTIFIC	TMO	1,128	$654	0.06%
97	AMERICAN TOWER	03027X100	3,682	$646	0.06%
98	NUCOR	NUE	3,900	$636	0.06%
99	CANADIAN NATIONAL RAILWAY	136375102	6,300	$623	0.06%
100	SEMPRA ENERGY	SREA	6,677	$590	0.05%
101	ISHARES S&P 500 INDEX ETF	464287200	853	$584	0.05%
102	PHILLIPS 66	PSX	4,395	$567	0.05%
103	COSTCO WHOLESALE	22160K105	630	$543	0.05%
104	AT&T	T-PC	21,834	$542	0.05%
105	EATON	ETN	1,633	$520	0.05%
106	AES	AES	35,685	$512	0.05%
107	DEVON ENERGY	25179M103	13,445	$492	0.05%
108	FREEPORT-MCMORAN	FCX	9,640	$490	0.05%
109	DOLLAR TREE	DLTR	3,937	$484	0.04%
110	WALMART	WMT	4,320	$481	0.04%
111	AMERICAN INTERNATIONAL GROUP	026874784	5,615	$480	0.04%
112	SOUTHWEST AIRLINES	844741108	11,570	$478	0.04%
113	LULULEMON ATHLETICA	LULU	2,295	$477	0.04%
114	TKO GROUP HOLDINGS	TKO	2,230	$466	0.04%
115	META PLATFORMS	META	678	$448	0.04%
116	SUPER MICRO COMPUTER	SMCI	14,990	$439	0.04%
117	KIMBERLY CLARK	KMB	4,355	$439	0.04%
118	SPDR CONSUMER DISCRETIONARY ET	81369Y407	3,624	$433	0.04%
119	WALT DISNEY	254687106	3,791	$431	0.04%
120	VERIZON COMMUNICATIONS	VZ	10,540	$429	0.04%
121	MODERNA	MRNA	14,290	$421	0.04%
122	SOUTHERN	SOMN	4,807	$419	0.04%
123	MASTERCARD	MA	710	$405	0.04%
124	VANGUARD GROWTH ETF	922908736	818	$399	0.04%
125	YUM BRANDS	YUM	2,577	$390	0.04%
126	S&P GLOBAL	SPGI	707	$369	0.03%
127	VANGUARD S&P 500 ETF	922908363	578	$362	0.03%
128	FASTENAL	FAST	9,000	$361	0.03%
129	FISERV INC	FISV	5,250	$353	0.03%
130	PROSHARES S&P 500 DIVIDEND ARI	74348A467	3,365	$350	0.03%
131	DIMENSIONAL US MARKETWIDE VALU	25434V724	7,391	$344	0.03%
132	TJX COMPANIES	872540109	2,043	$314	0.03%
133	CLOROX	CLX	3,084	$311	0.03%
134	AIR PRODUCTS & CHEMICALS	AIIR	1,132	$280	0.03%
135	BLACKROCK	BLK	250	$268	0.02%
136	PARKER-HANNIFIN	PH	299	$263	0.02%
137	GENTEX	GNTX	11,050	$257	0.02%
138	COLGATE PALMOLIVE	CL	3,184	$252	0.02%
139	ENERGY SECTOR SPDR ETF	81369Y506	5,542	$248	0.02%
140	VANGUARD TOTAL STOCK MARKET ET	922908769	727	$244	0.02%
141	GENERAL DYNAMICS	GD	725	$244	0.02%
142	NORFOLK SOUTHERN	655844108	835	$241	0.02%
143	ADOBE	ADBE	688	$241	0.02%
144	CHURCH & DWIGHT	CHD	2,864	$240	0.02%
145	GENERAL MILLS	370334104	5,105	$237	0.02%
146	BROWN-FORMAN CL B	BF-B	8,905	$232	0.02%
147	WISDOMTREE SMALLCAP EARNINGS E	WT	3,916	$223	0.02%
148	US BANCORP	USB-PS	4,166	$222	0.02%
149	AMERICAN ELECTRIC POWER	025537101	1,900	$219	0.02%
150	TRANE	TT	550	$214	0.02%
151	ISHARES DIVIDEND EQUITY ETF	464287168	1,516	$214	0.02%
152	TESLA	TSLA	470	$211	0.02%
153	FIDELITY NASDAQ COMPOSITE INDE	315912808	2,281	$208	0.02%
154	FRANCO-NEVADA	FNV	1,000	$207	0.02%
155	ORISKO METALS	688274109	33,200	$18	0.00%
156	ATOSSA THERAPEUTICS	ATOS	21,000	$12	0.00%
157	VAXART	VXRT	25,000	$9	0.00%
158	ECOLOCLEAN INDUSTRIES	27887U104	26,300	$0	0.00%
159	WEBB INTERACT SERVICES	94748P104	303,575	$0	0.00%
160	REPUBLIC FIRST BANCORP	760416107	50,000	$0	0.00%
161	GNIS PETROLEUM	451725105	22,000	$0	0.00%