Institutional Manager · CIK 0002043186
SGL Investment Advisors, Inc.
MISSOULA, MT · File #028-24503
Latest AUM
$250.0M
Positions
126
Top-10 Concentration
38.0%
Filings
6
Portfolio Value Over Time
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | CONAGRA BRANDS INC | 205887102 | -216,603 | -$3.7M | $0 |
| ADD | EATON CORP PLC | ETN | +9,372 | +$3.3M | -$30,177 |
| ADD | KROGER CO | KR | +48,774 | +$3.3M | +$10,336 |
| EXITED | NEXSTAR MEDIA GROUP INC | 65336K103 | -16,170 | -$3.2M | $0 |
| EXITED | INTERPUBLIC GROUP COS INC | 460690100 | -115,757 | -$2.9M | $0 |
| NEW | OMNICOM GROUP INC | OMC | +38,794 | +$2.7M | $0 |
| REDUCE | CUMMINS INC | CMI | -3,058 | -$1.7M | +$1.5M |
| ADD | ADOBE INC | ADBE | +5,983 | +$1.6M | -$631,646 |
| REDUCE | ALPHABET INC | GOOG | -3,855 | -$1.3M | +$1.2M |
| NEW | ENPHASE ENERGY INC | ENPH | +1,295,000 | +$1.2M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025126 pos · $250.0M
- 13F HOLDINGS REPORTQ/E Sep 2025126 pos · $240.0M
- 13F HOLDINGS REPORTQ/E Jun 2025120 pos · $210.2M
- 13F HOLDINGS REPORTQ/E Mar 2025116 pos · $193.6M
- 13F HOLDINGS REPORTQ/E Dec 2024114 pos · $198.4M
- 13F HOLDINGS REPORTQ/E Sep 2024106 pos · $194.8M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 45,277 | $12.5M | 6.03% |
| 2 | MICROSOFT CORP | MSFT | 23,481 | $9.2M | 4.47% |
| 3 | ISHARES TR | 464287309 | 67,717 | $8.0M | 3.87% |
| 4 | ALPHABET INC | GOOG | 22,531 | $7.5M | 3.61% |
| 5 | JOHNSON & JOHNSON | JNJ | 31,306 | $7.4M | 3.60% |
| 6 | INTERNATIONAL BUSINESS MACHS | INTR | 24,560 | $7.1M | 3.44% |
| 7 | NVIDIA CORPORATION | NVDA | 39,820 | $6.8M | 3.31% |
| 8 | MASTERCARD INCORPORATED | MA | 12,401 | $6.8M | 3.31% |
| 9 | JPMORGAN CHASE & CO. | VYLD | 21,561 | $6.7M | 3.23% |
| 10 | CHEVRON CORP NEW | CVX | 36,175 | $6.5M | 3.13% |
| 11 | HOME DEPOT INC | HD | 16,284 | $6.2M | 3.01% |
| 12 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 12,283 | $6.2M | 2.99% |
| 13 | CUMMINS INC | CMI | 11,397 | $6.2M | 2.98% |
| 14 | WALMART INC | WMT | 47,279 | $6.0M | 2.90% |
| 15 | TRAVELERS COMPANIES INC | TRV | 19,584 | $5.9M | 2.84% |
| 16 | QUEST DIAGNOSTICS INC | DGX | 28,499 | $5.5M | 2.65% |
| 17 | ISHARES GOLD TR | IAU | 59,032 | $5.3M | 2.58% |
| 18 | META PLATFORMS INC | META | 7,607 | $5.1M | 2.46% |
| 19 | SPDR S&P 500 ETF TR | SPY | 6,792 | $4.6M | 2.22% |
| 20 | L3HARRIS TECHNOLOGIES INC | LHX | 13,160 | $4.5M | 2.18% |