13F HOLDINGS REPORT
Cladis Investment Advisory, LLC
Quarter ended Q3 2025 · Filed November 13, 2025 · Accession 0001911520-25-000006
Total Value
$174.7M
Positions
145
Other Managers
0
Confidential Omitted
No
Holdings (145)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 56,049 | $14.3M | 8.17% |
| 2 | NVIDIA CORP | NVDA | 48,055 | $9.0M | 5.13% |
| 3 | MICROSOFT CORP | MSFT | 11,041 | $5.7M | 3.27% |
| 4 | GE AEROSPACE | 369604301 | 17,298 | $5.2M | 2.98% |
| 5 | AMAZON COM INC | AMZN | 21,979 | $4.8M | 2.76% |
| 6 | INVESCO QQQ TR | IVZ | 5,961 | $3.6M | 2.05% |
| 7 | LILLY ELI & CO | LLY | 4,659 | $3.6M | 2.03% |
| 8 | INTERNATIONAL BUSINESS MACHS | INTR | 12,000 | $3.4M | 1.94% |
| 9 | SELECT SECTOR SPDR TR | 81369Y803 | 11,807 | $3.3M | 1.90% |
| 10 | GE VERNOVA INC | GEV | 5,166 | $3.2M | 1.82% |
| 11 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 10,300 | $2.9M | 1.65% |
| 12 | FIRST INTST BANCSYSTEM INC | 32055Y201 | 88,545 | $2.8M | 1.61% |
| 13 | AT & T INC | T-PC | 91,158 | $2.6M | 1.47% |
| 14 | EXXON MOBIL CORP | XOM | 21,534 | $2.4M | 1.39% |
| 15 | COSTCO WHSL CORP NEW | 22160K105 | 2,613 | $2.4M | 1.38% |
| 16 | CATERPILLAR INC | CAT | 5,000 | $2.4M | 1.37% |
| 17 | UNITED PARCEL SERVICE INC | UPS | 27,936 | $2.3M | 1.34% |
| 18 | VERIZON COMMUNICATIONS INC | VZ | 52,930 | $2.3M | 1.33% |
| 19 | JPMORGAN CHASE & CO | VYLD | 7,303 | $2.3M | 1.32% |
| 20 | SNOWFLAKE INC | SNOW | 9,240 | $2.1M | 1.19% |
| 21 | DISNEY WALT CO | 254687106 | 17,525 | $2.0M | 1.15% |
| 22 | DELL TECHNOLOGIES INC | DELL | 13,520 | $1.9M | 1.10% |
| 23 | NEXTERA ENERGY INC | NEE-PW | 24,583 | $1.9M | 1.06% |
| 24 | META PLATFORMS INC | META | 2,524 | $1.9M | 1.06% |
| 25 | SELECT SECTOR SPDR TR | 81369Y605 | 34,146 | $1.8M | 1.05% |
| 26 | ADVANCED MICRO DEVICES INC | AMD | 11,365 | $1.8M | 1.05% |
| 27 | ALPHABET INC | GOOG | 7,305 | $1.8M | 1.02% |
| 28 | VERTIV HOLDINGS CO | VRT | 11,700 | $1.8M | 1.01% |
| 29 | MONTROSE ENVIRONMENTAL GROUP | MEG | 61,900 | $1.7M | 0.97% |
| 30 | PFIZER INC | PFE | 66,452 | $1.7M | 0.97% |
| 31 | KNIFE RIVER CORP | KNF | 21,858 | $1.7M | 0.96% |
| 32 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 3,198 | $1.6M | 0.92% |
| 33 | SELECT SECTOR SPDR TR | 81369Y506 | 17,895 | $1.6M | 0.91% |
| 34 | CLEVELAND-CLIFFS INC NEW | CLF | 130,250 | $1.6M | 0.91% |
| 35 | VANGUARD WORLD FDS | 92204A405 | 11,889 | $1.6M | 0.89% |
| 36 | UNITEDHEALTH GROUP INC | UNH | 4,407 | $1.5M | 0.87% |
| 37 | FORD MOTOR CO DEL | 345370860 | 125,751 | $1.5M | 0.86% |
| 38 | QXO INCO | QXO-PB | 78,350 | $1.5M | 0.85% |
| 39 | GLACIER BANCORP INC NEW | GBCI | 30,398 | $1.5M | 0.85% |
| 40 | FTAI AVIATION LTD | FTAIN | 8,500 | $1.4M | 0.81% |
| 41 | SELECT SECTOR SPDR TR | 81369Y852 | 11,875 | $1.4M | 0.80% |
| 42 | EVERUS CONSTR GROUP | EVEX-WT | 16,027 | $1.4M | 0.79% |
| 43 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 29,107 | $1.3M | 0.75% |
| 44 | MDU RES GROUP INC | 552690109 | 70,666 | $1.3M | 0.72% |
| 45 | SELECT SECTOR SPDR TR | 81369Y886 | 14,329 | $1.2M | 0.72% |
| 46 | SPDR S&P 500 TRUST ETF TR | SPY | 1,854 | $1.2M | 0.71% |
| 47 | WALMART INC | WMT | 11,981 | $1.2M | 0.71% |
| 48 | MERCK & CO INC | MRK | 14,621 | $1.2M | 0.70% |
| 49 | BLACKSTONE INC | BX | 7,000 | $1.2M | 0.68% |
| 50 | INTEL CORP | INTC | 35,505 | $1.2M | 0.68% |
| 51 | HOME DEPOT INC | HD | 2,815 | $1.1M | 0.65% |
| 52 | CHESAPEAKE UTILS CORP | 165303108 | 8,000 | $1.1M | 0.62% |
| 53 | WELLS FARGO CO NEW | 949746101 | 12,726 | $1.1M | 0.61% |
| 54 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 14,110 | $1.1M | 0.61% |
| 55 | NIKE INC | NKE | 15,078 | $1.1M | 0.60% |
| 56 | ISHARES TR | 46435U556 | 21,145 | $968,018 | 0.55% |
| 57 | HONEYWELL INTL INC | 438516106 | 4,488 | $944,724 | 0.54% |
| 58 | PHILLIPS 66 | PSX | 6,878 | $935,522 | 0.54% |
| 59 | GOLDMAN SACHS GROUP INC | GSCE | 1,155 | $919,784 | 0.53% |
| 60 | SELECT SECTOR SPDR TR | 81369Y209 | 6,465 | $899,734 | 0.51% |
| 61 | BOEING CO | BA-PA | 4,035 | $870,874 | 0.50% |
| 62 | CHEVRON CORP NEW | CVX | 5,420 | $841,672 | 0.48% |
| 63 | BYRNA TECHNOLOGIES INC | BYRN | 37,900 | $839,864 | 0.48% |
| 64 | NEWMONT CORP | NEMCL | 9,800 | $826,238 | 0.47% |
| 65 | CROWDSTRIKE HLDGS INC | CRWD | 1,663 | $815,502 | 0.47% |
| 66 | NETFLIX INC | NFLX | 675 | $809,271 | 0.46% |
| 67 | ISHARES TR | 464287556 | 5,425 | $783,207 | 0.45% |
| 68 | PEPSICO INC | PEP | 5,292 | $743,208 | 0.43% |
| 69 | TEXAS INSTRS INC | 882508104 | 4,000 | $734,920 | 0.42% |
| 70 | PALO ALTO NETWORKS INC | PANW | 3,550 | $722,851 | 0.41% |
| 71 | FEDEX CORP | FDX | 3,000 | $707,430 | 0.40% |
| 72 | PROCTER & GAMBLE CO | 742718109 | 4,579 | $703,540 | 0.40% |
| 73 | BANK AMERICA CORP | 060505104 | 13,577 | $700,432 | 0.40% |
| 74 | JOHNSON & JOHNSON | JNJ | 3,649 | $676,625 | 0.39% |
| 75 | MCDONALDS CORP | MCD | 2,188 | $664,911 | 0.38% |
| 76 | ALTRIA GROUP INC | MO | 10,064 | $664,828 | 0.38% |
| 77 | DIMENSIONAL ETF TR | 25434V500 | 9,418 | $644,756 | 0.37% |
| 78 | SPDR SER TR | 78464A698 | 10,010 | $633,633 | 0.36% |
| 79 | VANGUARD INDEX FDS | 922908736 | 1,295 | $621,095 | 0.36% |
| 80 | CITIGROUP INC | C-PR | 5,911 | $599,967 | 0.34% |
| 81 | VALERO ENERGY CORP | VLO | 3,450 | $587,397 | 0.34% |
| 82 | VANGUARD INDEX FDS | 922908744 | 3,088 | $575,881 | 0.33% |
| 83 | 3M CO | MMM | 3,649 | $566,324 | 0.32% |
| 84 | COCA COLA CO | KO | 8,517 | $564,817 | 0.32% |
| 85 | WHEATON PRECIOUS METALS CORP | WPM | 5,000 | $559,200 | 0.32% |
| 86 | CONOCOPHILLIPS | COP | 5,517 | $521,812 | 0.30% |
| 87 | WILLIS TOWERS WATSON PUB LTD CO | WTW | 1,510 | $521,630 | 0.30% |
| 88 | MARATHON PETE CORP | MARA | 2,674 | $515,387 | 0.29% |
| 89 | DIMENSIONAL ETF TR | 25434V401 | 7,015 | $508,167 | 0.29% |
| 90 | SELECT SECTOR SPDR TR | 81369Y704 | 3,290 | $507,429 | 0.29% |
| 91 | VANGUARD INDEX FDS | 922908553 | 5,390 | $492,789 | 0.28% |
| 92 | SOUTHERN CO | SOMN | 5,160 | $489,013 | 0.28% |
| 93 | INTUITIVE SURGICAL INC | ISRG | 1,045 | $467,355 | 0.27% |
| 94 | TARGET CORP | TGT | 5,210 | $467,336 | 0.27% |
| 95 | VANGUARD INDEX FDS | 922908629 | 1,590 | $467,047 | 0.27% |
| 96 | SERVICENOW INC | NOW | 505 | $464,741 | 0.27% |
| 97 | STARBUCKS CORP | SBUX | 5,027 | $425,286 | 0.24% |
| 98 | ARM HOLDINGS PLC | 042068205 | 3,000 | $424,470 | 0.24% |
| 99 | CUMMINS INC | CMI | 1,000 | $422,370 | 0.24% |
| 100 | DEERE & CO | DE | 909 | $415,491 | 0.24% |
| 101 | DUKE ENERGY CORP | DUKB | 3,287 | $406,766 | 0.23% |
| 102 | COINBASE GLOBAL INC | COIN | 1,175 | $396,551 | 0.23% |
| 103 | ALIBABA GROUP HLDG LTD | BBAAY | 2,200 | $393,206 | 0.23% |
| 104 | GENERAL MLS INC | 370334104 | 7,673 | $386,890 | 0.22% |
| 105 | CAL MAINE FOODS INC | CALM | 4,000 | $376,400 | 0.22% |
| 106 | PALANTIR TECHNOLOGIES INC | PLTR | 2,025 | $369,401 | 0.21% |
| 107 | MP MATERIALS CORP | MP | 5,500 | $368,885 | 0.21% |
| 108 | KRAFT HEINZ CO | KHC | 14,079 | $366,617 | 0.21% |
| 109 | CISCO SYS INC | CSCO | 5,287 | $361,724 | 0.21% |
| 110 | ABBVIE INC | ABBV | 1,558 | $360,739 | 0.21% |
| 111 | PHILIP MORRIS INTL INC | 718172109 | 2,209 | $358,300 | 0.21% |
| 112 | VISA INC | V | 1,044 | $356,540 | 0.20% |
| 113 | AMERICAN ELEC PWR CO INC | 025537101 | 3,158 | $355,275 | 0.20% |
| 114 | SPDR SER TR | 78468R556 | 2,662 | $351,916 | 0.20% |
| 115 | CVS HEALTH CORP | CVS | 4,513 | $340,238 | 0.19% |
| 116 | MONDELEZ INTL INC | 609207105 | 5,305 | $331,403 | 0.19% |
| 117 | HOWMET AEROSPACE INC | HWM | 1,666 | $326,919 | 0.19% |
| 118 | TRIMBLE INC | TRMB | 4,000 | $326,600 | 0.19% |
| 119 | PTC THERAPEUTICS INC | PTCT | 5,200 | $319,124 | 0.18% |
| 120 | FRANCO NEV CORP | FNV | 1,400 | $312,074 | 0.18% |
| 121 | METLIFE INC | MET-PF | 3,500 | $288,295 | 0.16% |
| 122 | ISHARES TR | 464287648 | 900 | $288,036 | 0.16% |
| 123 | ISHARES TR | 464288513 | 3,400 | $276,046 | 0.16% |
| 124 | MICRON TECHNOLOGY INC | MU | 1,625 | $271,924 | 0.16% |
| 125 | VANGUARD INDEX FDS | 922908637 | 865 | $266,299 | 0.15% |
| 126 | HALLIBURTON CO | HAL | 10,600 | $260,760 | 0.15% |
| 127 | SOUTHWEST AIRLS CO | 844741108 | 8,000 | $255,280 | 0.15% |
| 128 | WASTE CONNECTIONS INC | WCN | 1,444 | $253,855 | 0.15% |
| 129 | SPDR GOLD TR | GLD | 712 | $253,095 | 0.14% |
| 130 | ALPHABET INC | GOOG | 1,041 | $252,947 | 0.14% |
| 131 | SCHWAB STRATEGIC TR | 808524300 | 7,536 | $240,474 | 0.14% |
| 132 | COMCAST CORP NEW | CCZ | 7,650 | $240,363 | 0.14% |
| 133 | ARK ETF TR | 00214Q104 | 2,775 | $239,483 | 0.14% |
| 134 | TWILIO INC | TWLO | 2,350 | $235,212 | 0.13% |
| 135 | TEMPUS AI INC | TEM | 2,900 | $234,059 | 0.13% |
| 136 | MASTERCARD INCORPORATED | MA | 408 | $232,317 | 0.13% |
| 137 | ISHARES TR | 464287630 | 1,300 | $229,853 | 0.13% |
| 138 | WISDOMTREE US | WT | 2,000 | $228,552 | 0.13% |
| 139 | SIMON PPTY GROUP INC NEW | 828806109 | 1,500 | $228,309 | 0.13% |
| 140 | DELTA AIRLINES INC DEL | DAL | 4,000 | $227,000 | 0.13% |
| 141 | BROADCOM INC | AVGO | 680 | $224,339 | 0.13% |
| 142 | AMGEN INC | AMGN | 740 | $208,828 | 0.12% |
| 143 | SALESFORCE INC | CRM | 875 | $207,375 | 0.12% |
| 144 | LIBERTY MEDIA CORP DEL | FWONB | 2,125 | $202,343 | 0.12% |
| 145 | ORGANON & CO | OGN | 14,179 | $151,432 | 0.09% |