Live Markets
Wednesday, July 29, 2026·George Town, KY·29°·Partly Cloudy
Markets Open · NYSE·Newsletter·Masthead·
VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

Investment Research & Advisory Group, Inc.

Quarter ended Q3 2025 · Filed October 22, 2025 · Accession 0001802136-25-000006

Total Value
$295.0M
Positions
254
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (254)

#IssuerTicker / CUSIPSharesValue% of Filing
1VANGUARD S&P 500 ETF922908363116,020$71.0M24.08%
2APPLE INCAAPL76,359$19.5M6.62%
3NVIDIA CORPNVDA68,756$12.9M4.38%
4MICROSOFT CORPMSFT21,145$11.0M3.74%
5ALPHABET INC CLASSGOOG42,917$10.5M3.55%
6AMAZON.COM INCAMZN41,120$9.1M3.07%
7JPMORGAN CHASE & COVYLD25,773$8.1M2.76%
8MASTERCARD INC CLASS AMA13,699$7.8M2.64%
9META PLATFORMS INC CLASS AMETA9,759$7.2M2.44%
10VISA INC CLASS AV19,559$6.7M2.27%
11CHARLES SCHWAB CORPSCHW-PJ66,686$6.4M2.16%
12BLACKROCK INC NEWBLK5,316$6.2M2.10%
13UBER TECHNOLOGIES INCUBER59,201$5.8M1.97%
14ELI LILLY AND COLLY7,280$5.6M1.89%
15GE AEROSPACE36960430115,962$4.8M1.63%
16NETFLIX INCNFLX3,933$4.7M1.60%
17COSTCO WHSL CORP NEW22160K1054,821$4.5M1.51%
18VEEVA SYS INC CLASS AVEEV14,684$4.4M1.48%
19BOOKING HLDGS INCBKNG759$4.1M1.39%
20JOHNSON & JOHNSONJNJ22,003$4.1M1.39%
21CHUBB LTD FCB14,132$4.0M1.35%
22SALESFORCE INCCRM16,211$3.8M1.30%
23BERKSHIRE HATHAWAY CLASS BBRK-A7,559$3.8M1.29%
24GENERAL DYNAMICS CORPGD10,872$3.7M1.26%
25ASML HLDG N V FSPONSORED ADRASMLF3,763$3.6M1.23%
26IQVIA HLDGS INCIQV17,812$3.4M1.15%
27PHILIP MORRIS INTL INC71817210920,699$3.4M1.14%
28LOCKHEED MARTIN CORPLMT6,007$3.0M1.02%
29BOEING COBA-PA13,764$3.0M1.01%
30STARBUCKS CORPSBUX33,444$2.8M0.96%
31FISERV INCFISV21,392$2.8M0.94%
32VANGUARD SMALL CAP ETF92290875110,433$2.7M0.90%
33VANGUARD RUSSELL 2000 ETF92206C66423,458$2.3M0.78%
34PROCTER & GAMBLE CO74271810912,707$2.0M0.66%
35SPDR S&P 500 ETF78468R7962,873$1.9M0.65%
36CATERPILLAR INCCAT3,820$1.8M0.62%
37ADOBE INCADBE4,734$1.7M0.57%
38ARCHER-DANIELS MIDLAND CADM26,437$1.6M0.54%
39ISHARES CORE MSCI EAFE ETF46432F84217,650$1.5M0.52%
40THERMO FISHER SCIENTIFICTMO3,079$1.5M0.51%
41GE VERNOVA INCGEV2,320$1.4M0.48%
42CARMAX INCKMX28,168$1.3M0.43%
43VANGUARD TOTAL BOND MARKET ETF92193783515,055$1.1M0.38%
44DANAHER CORP2358511025,324$1.1M0.36%
45VANGUARD TOTAL INTERNATIONAL STK ETF92190976814,289$1.0M0.36%
46ALPHABET INCGOOG3,729$953,2190.32%
47ISHARES CORE S&P MID CAPETF46428750714,510$946,9260.32%
48HOME DEPOT INCHD2,305$942,5870.32%
49DISNEY WALT CO254687106764$914,0330.31%
50ISHARES S&P 500 GROWTH ETF4642873097,060$852,3000.29%
51ISHARES CORE MSCI EMERGING ETF46434G10312,786$842,8560.29%
52ISHARES CORE S&P 500 ETF4642872001,157$774,1450.26%
53VANGUARD FTSE ALL WORLD EX US ETF9220427759,330$691,8760.23%
54INDEPENDENCE RLTY TR INCREIT45378A10636,453$597,4610.20%
55MERCK & CO. INC.MRK6,575$556,4500.19%
56ISHARES S&P 500 VALUE ETF4642874082,567$530,0350.18%
57VANGUARD MEGA CAP VALUE ETF9219108403,782$520,9470.18%
58VANGUARD ENERGY ETF92204A3064,027$506,7900.17%
59PALO ALTO NETWORKS INCPANW2,415$494,3890.17%
60BROADCOM INCAVGO1,287$454,9760.15%
61CHOICE HOTELS INTL INC1699051064,223$451,5080.15%
62SPDR PORTFOLIO HIGH YIELD BND ETF78468R60617,308$414,3500.14%
63LOWES COS INC5486611071,138$288,9260.10%
64SYNOVUS FINL CORPSNPS5,750$282,6920.10%
65FEDEX CORPFDX1,178$278,7690.09%
66THE COCA-COLA COKO4,089$276,0260.09%
67BANK OF AMERICA CORP0605051044,804$254,6610.09%
68ISHARES TOTAL US STOCK MARKET ETF4645871501,748$254,5870.09%
69AVANTIS US SMALL CAP VALUE ETF0250728772,334$232,3000.08%
70INVSC VARIABLE RATE PREFERRED ETFIVZ9,152$226,0430.08%
71VANGUARD SMALL CAP GROWTH ETF922908595741$220,5360.07%
72VANGUARD SMALL CAP VALUEETF9229086111,043$217,5920.07%
73ABBVIE INCABBV884$213,2460.07%
74ISHARES CORE S&P SMALL CAP ETF4642878041,780$211,4840.07%
75MCDONALDS CORPMCD603$188,0270.06%
76TESLA INCTSLA349$179,6670.06%
77GOLDMAN SACHS GROUP INCGSCE216$178,3890.06%
78CROWDSTRIKE HLDGS INC CLASS ACRWD342$168,6910.06%
79SPDR S&P DIVIDEND ETF78464A7631,176$164,6580.06%
80BROOKFIELD CORP FCLASS A11271J1072,250$154,3050.05%
81WALMART INCWMT1,368$150,2610.05%
82ALTRIA GROUP INCMO2,219$149,2340.05%
83AMGEN INCAMGN485$139,8900.05%
84ARISTA NETWORKS INCANET905$135,0730.05%
85SOFI TECHNOLOGIES INCSOFI4,999$132,4960.04%
86CITIGROUP INCC-PR1,124$118,2450.04%
87OTIS WORLDWIDE CORPOTIS1,281$117,7420.04%
88WELLS FARGO & CO9497461011,226$108,1480.04%
89AT&T INCT-PC3,508$102,2010.03%
90INVSC QQQ TRUST SRS 1 ETFIVZ168$100,9670.03%
91ORACLE CORPORCL-PD324$100,3100.03%
92REDDIT INC CLASS ARDDT430$99,8160.03%
93VANECK SEMICONDUCTOR ETF92189F676305$99,3850.03%
94AMERICAN TOWER CORP NEW REIT03027X100504$98,0560.03%
95GRAYSCALE BITCOIN TRUST ETFGBTC1,062$95,3360.03%
96LAM RESH CORPLRCX677$94,2040.03%
97CONSTELLATION ENERGY CORCEG280$94,1140.03%
98TECHNOLOGY SELECT SECTORSPDR ETF81369Y803213$92,9040.03%
99VANGUARD TOTAL INTERNATIONAL BND ETF92203J4071,872$92,5960.03%
100RTX CORPRTX513$90,3580.03%
101ZETA GLOBAL HLDGS CORP CLASS AZETA4,433$88,0830.03%
102DUKE ENERGY CORP NEWDUKB639$81,1180.03%
103BROWN & BROWN INCBRO835$79,5340.03%
104BRISTOL MYERS SQUIBB COCELG-RI1,673$76,9060.03%
105TRUIST FINL CORP89832Q1091,627$75,8920.03%
106CHEVRON CORP NEWCVX380$65,2220.02%
107FIRST TRUST NASDAQ CYBRSCRTY ETF33734X846840$63,8480.02%
108NOVO-NORDISK A S FSPONSORED ADRNONOF1,115$61,8710.02%
109AMERICAN EXPRESS COAXP163$58,1880.02%
110EXXON MOBIL CORPXOM387$54,2330.02%
111PERFORMANCE FOOD GROUP CPFGC500$52,0200.02%
112AIR PRODS & CHEMS INCAIIR186$51,8600.02%
113SOUTHERN COSOMN504$49,5650.02%
114ABBOTT LABSABLZF333$49,1650.02%
115PEPSICO INCPEP322$49,1330.02%
116GILEAD SCIENCES INCGILD404$47,8750.02%
117SERVICENOW INCNOW49$47,8550.02%
118INVESCO NASDAQ NEXT GEN 100 ETFIVZ1,328$47,5400.02%
119SELECT STR FINANCIAL SELECT SPDR ETF81369Y605479$47,4690.02%
120GUARDIAN PHARMACY SVCS ICLASS A40145W1011,666$43,6990.01%
121EXELON CORPEXC900$41,1390.01%
122OCCIDENTAL PETE CORP674599105853$40,9280.01%
123AUTOMATIC DATA PROCESSINADP125$39,3290.01%
124SELECT SECTOR HEALTH CARE SPDR ETF81369Y209143$38,4560.01%
125CIRRUS LOGIC INCCRUS300$37,5870.01%
126SPDR FUND CONSUMER DISCRE SELECT ETF81369Y40794$37,4710.01%
127MOHAWK INDS INC608190104269$34,6790.01%
128ALCOA CORPAA1,022$33,6200.01%
129SHOPIFY INC FCLASS CLASS ASHOP223$33,1400.01%
130CISCO SYS INCCSCO403$32,8960.01%
131AUTODESK INCADSK97$32,4020.01%
132GLOBE LIFE INCGL-PD225$32,3750.01%
133BROOKFIELD ASSET MGMT FCLASS AG16169107565$32,1710.01%
134DELTA AIR LINES INC DELDAL552$31,9500.01%
135REALTY INCOME CORP REITO502$31,4480.01%
136CARRIER GLOBAL CORPCARR502$30,9250.01%
137DOVER CORPDOV183$30,6170.01%
138FIRSTENERGY CORPFE640$29,9200.01%
139ISHARES MSCI CHINA ETF46429B671439$28,9080.01%
140PFIZER INCPFE964$27,5770.01%
141O REILLY AUTOMOTIVE INC67103H107240$27,4920.01%
142EMERSON ELEC COEMR201$27,4170.01%
143ACCENTURE PLC IRELANDACN97$27,1260.01%
144TARGET CORP EQUITY CLASS EQUITYTGT294$26,8200.01%
145CRH PUBLIC LIMITED CO FCRH200$25,6590.01%
146KIMBERLY CLARK CORPKMB197$25,1170.01%
147NU HLDGS LTD FCLASS ANU1,500$24,0150.01%
148MURPHY USA INCMUSA61$23,7170.01%
149FIRST FINL BANKSHARES IN32020R109697$23,4470.01%
150MERCADOLIBRE INCMELI10$23,3690.01%
151MONDELEZ INTL INC CLASS A609207105340$21,9890.01%
152SEA LTD FUNSPONSORED ADRSE116$20,7330.01%
153SCHWAB US LARGE CAP GROWTH ETF808524300613$19,5730.01%
154HORMEL FOODS CORPHRL735$18,7390.01%
155IDEXX LABS INC45168D10427$18,5280.01%
156INTEL CORPINTC451$18,0830.01%
157GENERAL MTRS CO37045V100266$17,4070.01%
158STATE STR CORPSTT-PG143$16,9370.01%
159ZOETIS INC CLASS AZTS108$16,8790.01%
160VULCAN MATLS CO92916010950$16,6110.01%
161COMCAST CORP NEW CLASS ACCZ434$15,6470.01%
162BAKER HUGHES CO. A CLASS CLASS ABKR289$15,4450.01%
163SCHWAB US BROAD MARKET ETF808524102547$14,0580.00%
164PALANTIR TECHNOLOGIES INCLASS APLTR31$13,3170.00%
165SERVICE CORP INTL817565104157$13,2500.00%
166MEDTRONIC PLC FMDT109$12,9530.00%
167WARNER BROS DISCOVERY INWBD611$12,9090.00%
168GARTNER INCIT43$12,0920.00%
169VANGUARD FTSE DEVELOPED MARKETS ETF921943858200$12,0130.00%
170SHELL PLC FTENDER OFFER EXP:RYDAF165$11,8020.00%
171NORTHROP GRUMMAN CORPNOC16$11,4100.00%
172EMCOR GROUP INCEME13$11,0460.00%
173PRUDENTIAL FINL INCPUKPF101$10,9230.00%
174VANGUARD SHORT-TERM BONDETF921937827136$10,7460.00%
175GRAYSCALE BITCOIN MINI TRUST ETFGBTC212$10,7340.00%
176WINGSTOP INCWING42$10,5880.00%
177ISHARES BITCOIN ETFIBIT161$10,4650.00%
178UNITED PARCEL SVC INC CLASS BUPS100$9,5220.00%
179CONOCOPHILLIPSCOP75$9,4140.00%
180CHIPOTLE MEXICAN GRILL ICMG200$9,1310.00%
181GE HEALTHCARE TECHNOLOGIGEHC110$9,0120.00%
182WISDOMTREE INDIA EARNINGS ETFWT200$8,8400.00%
183PAYPAL HLDGS INCPYPL120$8,7850.00%
184MORGAN STANLEYMS-PQ18$8,2660.00%
185DUPONT DE NEMOURS INCDD93$7,9490.00%
186UNITEDHEALTH GROUP INCUNH5$7,9420.00%
187NUCOR CORPNU54$7,8840.00%
188SCHLUMBERGER LTD FSLB192$7,8360.00%
189BLOCK INC A CLASS CLASS ABSQKZ98$7,8050.00%
190PROLOGIS INC REITPLDGP50$7,7870.00%
191AIRBNB INCABNB55$7,7710.00%
192ATLASSIAN CORP CLASS ATEAM45$7,5060.00%
193DEXCOM INCDXCM100$7,2670.00%
194CORTEVA INCCTVA93$6,9660.00%
195UNUSUAL WHALES SUB DEMO TRAD ETF886364199152$6,8080.00%
196INVSC BUYBACK ACHIEVERS ETFIVZ50$6,6240.00%
197T-MOBILE US INCTMUSZ14$6,4770.00%
198VANGUARD S&P 500 GROWTH ETF92193250514$6,0960.00%
199INVESCO RAFI US 1000 ETFIVZ131$5,9390.00%
200CSX CORPCSX125$5,9290.00%
201KRAFT HEINZ COKHC210$5,7550.00%
202IBM CORPINTR1$5,3930.00%
203VANGUARD HIGH DIVIDEND YIELD ETF92194640638$5,3560.00%
204LULULEMON ATHLETICA INCLULU28$5,1600.00%
205REPUBLIC SVCS INC76075910017$5,0490.00%
206MATCH GROUP INC NEWMTCH143$5,0450.00%
207VANGUARD MID CAP ETF92290862917$4,9940.00%
208HERSHEY COHSY22$4,7400.00%
209GENERAC HLDGS INCGNRC28$4,6870.00%
210VANGUARD TOTAL STOCK MARKET ETF92290876914$4,6080.00%
2113M COMMM12$4,0530.00%
212ARK AUTONOMOUS TECH RBTCS ETF00214Q20332$3,5700.00%
213STRATEGY INC CLASS ASTRK5$3,2220.00%
214ENTERPRISE PRODS PART LP293792107100$3,1170.00%
215DECKERS OUTDOOR CORPDECK24$2,7370.00%
216DOW INCDOW93$2,6830.00%
217PELOTON INTERACTIVE INCPTON260$2,3400.00%
218INTERCONTINENTAL HOTEL FUNSPONSORED ADR45857P80619$2,3040.00%
219TAIWAN SEMICONDUCTOR M FSPONSORED ADR8740391008$2,2340.00%
220PROTALIX BIOTHERAPEUTICSPLX1,000$2,2200.00%
221ADVISORSHS PURE US CANNABIS ETF IV00768Y453450$2,1560.00%
222LUMEN TECHNOLOGIES INCLUMN299$1,8300.00%
223INVSC S P 500 EQUAL WEIGHT ETFIVZ8$1,5180.00%
224SOLAREDGE TECHNOLOGIES ISEDG38$1,4060.00%
225SPOTIFY TECHNOLOGY S A FSPOT2$1,3960.00%
226BLACKROCK ENERGY AND RESBLK102$1,3840.00%
227UNILEVER PLC FSPONSORED ADRUNLYF21$1,2450.00%
228MFA FINL INC REIT55272X607123$1,1270.00%
229RIVIAN AUTOMOTIVE INC CLASS ARBLX51$1,0420.00%
230ISHARES MSCI INDIA INDEXETF46429B59820$1,0410.00%
231FORD MTR CO DEL34537086012$1,0290.00%
232BROOKFIELD WEALTH SO A FCLASS ABNT15$1,0270.00%
233BROOKFIELD BUSINESS P LPBBUC30$9780.00%
234DROPBOX INC CLASS ADBX30$9060.00%
235SOUNDHOUND AI INC CLASS ASOUNW56$9000.00%
236EPSIUM ENTERPRISE LTD FCLASS AEPSM80$8550.00%
237VIATRIS INCVTRS43$7920.00%
238MASTERBRAND INCMBC57$7510.00%
239APPLIED DIGITAL CORPAPLD25$5740.00%
240EATON VANCE TOTAL RETURNBOND ETFMS-PQ1$5220.00%
241BROOKFIELD BUSINESS CO FCLASS ABBUC15$5030.00%
242ORGANON & COOGN26$2780.00%
243AERCAP HOLDINGS N V FAER2$2420.00%
244MR COOPER GROUP INC62482R1071$2110.00%
245OCCIDENTAL PETE C 27 WTSWARRANTS EXP 08/03/276745991627$1790.00%
246SCOTTS MIRACLE-GRO COSMG3$1710.00%
247BP P L C FSPONSORED ADRBPPFF4$1380.00%
248ORION PPTYS INC REITONL50$1350.00%
249SPDR PORTFOLIO S&P 400 MID CAP ETF78464A8472$1150.00%
250PRINCIPAL U S SMALL CAP ETF74255Y6072$1140.00%
251REVOLVE GROUP INC CLASS ARVLV5$1070.00%
252SCHWAB US DIVIDEND EQUITY ETF8085247973$830.00%
253FIDELITY ENHANCED INTRNTNL ETF31609A4042$710.00%
254CANOPY GROWTH CORP FCGC37$540.00%