Institutional Manager · CIK 0002088236

Basepoint Wealth LLC

CEDAR RAPIDS, IA · File #028-25794

Latest AUM

$164.6M

Positions

601

Top-10 Concentration

72.4%

Filings

Portfolio Value Over Time

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
REDUCE	SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER	SII	-380,061	-$9.0M	+$29.0M
REDUCE	ADAM NAT RES FD INC COM	00548F105	-276,464	-$6.0M	-$26,596
REDUCE	SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR	SII	-155,592	-$5.1M	+$21.9M
REDUCE	GOLDMAN SACHS GROUP INC COM	GSCE	-3,598	-$3.2M	+$2.2M
ADD	NVIDIA CORPORATION COM	NVDA	+12,427	+$2.3M	+$131,780
REDUCE	INTEL CORP COM	INTC	-47,550	-$1.8M	+$689,664
REDUCE	CUMMINS INC COM	CMI	-3,024	-$1.5M	+$968,169
REDUCE	FEDEX CORP COM	FDX	-5,268	-$1.5M	+$711,231
REDUCE	3M CO COM	MMM	-9,414	-$1.5M	+$662,550
EXITED	PARAMOUNT GLOBAL CLASS B COM	92556H206	-81,072	-$1.4M	$0

Sector Allocation

44.9%$73.8M

8.9%$14.6M

7.8%$12.9M

3.5%$5.8M

Consumer Discretionary

3.4%$5.5M

Healthcare

3.1%$5.1M

Communication Services

1.7%$2.9M

1.7%$2.8M

1.0%$1.7M

0.8%$1.4M

0.7%$1.2M

Filing History

Feb 10, 202613F HOLDINGS REPORTQ/E Dec 2025601 pos · $164.6M
Nov 13, 202513F HOLDINGS REPORTQ/E Sep 2025104 pos · $141.2M
Oct 16, 202513F HOLDINGS REPORTQ/E Sep 2025111 pos · $126.7M
Oct 16, 202513F HOLDINGS REPORTQ/E Sep 2025100 pos · $122.6M
Oct 16, 202513F HOLDINGS REPORTQ/E Sep 2025102 pos · $124.5M
Oct 16, 202513F HOLDINGS REPORTQ/E Sep 2025115 pos · $132.9M
Oct 16, 202513F HOLDINGS REPORTQ/E Sep 2025104 pos · $129.4M
Oct 16, 202513F HOLDINGS REPORTQ/E Sep 2025107 pos · $125.5M
Oct 16, 202513F HOLDINGS REPORTQ/E Sep 2025111 pos · $135.6M
Oct 16, 202513F HOLDINGS REPORTQ/E Sep 2025103 pos · $127.9M
Oct 15, 202513F HOLDINGS REPORTQ/E Sep 202595 pos · $121.0M
Oct 10, 202513F HOLDINGS REPORTQ/E Sep 202593 pos · $119.9M
Oct 9, 202513F HOLDINGS REPORTQ/E Sep 202591 pos · $113.0M
Oct 9, 202513F HOLDINGS REPORTQ/E Sep 202576 pos · $102.0M
Oct 9, 202513F HOLDINGS REPORTQ/E Sep 202582 pos · $95.8M
Oct 9, 202513F HOLDINGS REPORTQ/E Sep 202584 pos · $93.7M
Oct 9, 202513F HOLDINGS REPORTQ/E Sep 202581 pos · $108.4M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER	SII	1,500,344	$35.5M	26.57%
2	SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR	SII	1,001,803	$33.1M	24.77%
3	DEERE & CO COM	DE	11,767	$5.5M	4.10%
4	BERKSHIRE HATHAWAY INC DEL CL B NEW	BRK-A	10,220	$5.1M	3.85%
5	ADAM NAT RES FD INC COM	00548F105	166,957	$3.6M	2.72%
6	APPLE INC COM	AAPL	12,601	$3.4M	2.57%
7	NVIDIA CORPORATION COM	NVDA	15,691	$2.9M	2.19%
8	TAPESTRY INC COM	TPR	19,830	$2.5M	1.90%
9	INGREDION INC COM	INGR	22,474	$2.5M	1.86%
10	GENERAL DYNAMICS CORP COM	GD	7,344	$2.5M	1.85%
11	MICROSOFT CORP COM	MSFT	4,125	$2.0M	1.49%
12	PEPSICO INC COM	PEP	12,132	$1.7M	1.30%
13	ABBVIE INC COM	ABBV	7,253	$1.7M	1.24%
14	ALPHABET INC CAP STK CL C	GOOG	4,751	$1.5M	1.12%
15	INVESCO S&P 500 QUALITY ETF	IVZ	18,846	$1.4M	1.06%
16	JONES LANG LASALLE INC COM	JLL	3,936	$1.3M	0.99%
17	VERIZON COMMUNICATIONS INC COM	VZ	30,110	$1.2M	0.92%
18	RTX CORPORATION COM	RTX	6,635	$1.2M	0.91%
19	ISHARES CORE S&P MID-CAP ETF	464287507	18,210	$1.2M	0.90%
20	3M CO COM	MMM	7,076	$1.1M	0.85%