LVM CAPITAL MANAGEMENT LTD/MI

Fundamental diversified ★Signal CIK 1053054
League rank
#344
in Fundamental diversified · #1728 overall
Long book
$1.06B
Q1 2026
Positions
160
Top-10 weight
46%
concentration
Last quarter
+14.7%
SPY +14.8%
Turnover
18%
of book per quarter

Strategy in plain words

auto-generated from filings

LVM CAPITAL MANAGEMENT LTD/MI is a diversified fundamental manager, running a $1.06B US long book across 160 positions.

The portfolio is moderately concentrated (top 10 ≈ 46% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, BROADCOM INC, MICROSOFT CORP, ELI LILLY & CO, EXXON MOBIL CORP.

Over the last 9 quarters its long book ran on average 0.4pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+4.1%
Q2 2024
+6.4%
Q3 2024
+1.0%
Q4 2024
-3.3%
Q1 2025
+8.5%
Q2 2025
+9.6%
Q3 2025
+4.8%
Q4 2025
-1.4%
Q1 2026
+14.7%

Sector allocation

Technology
45%
Healthcare
19%
Financials
9%
Energy
7%
Consumer discretionary
5%
Industrials
4%
Other
3%
Utilities
3%

Long book by quarter

$846.6M
Q1 2024
$878.8M
Q2 2024
$878.8M
Q3 2024
$929.8M
Q4 2024
$898.1M
Q1 2025
$964.2M
Q2 2025
$1.04B
Q3 2025
$1.08B
Q4 2025
$1.06B
Q1 2026

What does LVM CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology367.3K$93.2M8.8%-0.4%
AVGO BROADCOM INCTechnology238.9K$73.9M7.0%-0.5%
MSFT MICROSOFT CORPTechnology169.5K$62.8M5.9%+0.6%
LLY ELI LILLY & COHealthcare50.7K$46.6M4.4%-1.0%
XOM EXXON MOBIL CORPEnergy249.6K$42.4M4.0%+0.8%
GOOGL ALPHABET INC-CL ATechnology129.7K$37.3M3.5%-2.8%
ABBV ABBVIE INCHealthcare171.5K$37.3M3.5%+1.0%
JNJ JOHNSON & JOHNSONHealthcare142.0K$34.7M3.3%-2.2%
MS MORGAN STANLEYFinancials191.5K$31.5M3.0%-0.7%
CSCO CISCO SYSTEMS INCTechnology390.1K$30.3M2.9%-0.4%
NOC NORTHROP GRUMMAN CORPTechnology38.9K$26.6M2.5%-0.6%
PG PROCTER & GAMBLE CO/THEOther181.5K$26.2M2.5%+0.2%
AXP AMERICAN EXPRESS COFinancials79.7K$24.1M2.3%+0.6%
AMAT APPLIED MATERIALS INCTechnology70.4K$24.1M2.3%-6.8%
NVT NVENT ELECTRIC PLCIndustrials163.9K$19.4M1.8%-0.9%
IDA IDACORP INCUtilities127.7K$18.3M1.7%+0.7%
SYK STRYKER CORPHealthcare54.0K$17.7M1.7%+45.7%
JPM JPMORGAN CHASE & COFinancials57.9K$17.0M1.6%+3.5%
NVDA NVIDIA CORPTechnology88.9K$15.5M1.5%+1.7%
HUBB HUBBELL INCTechnology31.2K$15.3M1.4%+1.7%
KR KROGER COConsumer discretionary197.8K$14.3M1.3%+0.2%
AMZN AMAZON.COM INCConsumer discretionary66.9K$13.9M1.3%+3.6%
EOG EOG RESOURCES INCEnergy82.0K$11.9M1.1%+10.1%
VRTX VERTEX PHARMACEUTICALS INCHealthcare25.8K$11.5M1.1%+0.2%
AMGN AMGEN INCHealthcare29.7K$10.5M1.0%-1.6%
HD HOME DEPOT INCConsumer discretionary31.5K$10.4M1.0%-31.7%
PFE PFIZER INCHealthcare336.1K$9.4M0.9%+2.4%
PANW PALO ALTO NETWORKS INCTechnology57.7K$9.3M0.9%+5.1%
FTNT FORTINET INCTechnology99.9K$8.2M0.8%+2.4%
CVX CHEVRON CORPEnergy38.5K$8.0M0.8%-0.6%
UBER UBER TECHNOLOGIES INCServices media108.2K$7.8M0.7%+5.1%
WM WASTE MANAGEMENT INCUtilities30.9K$7.1M0.7%+0.4%
LMT LOCKHEED MARTIN CORPIndustrials9.0K$5.4M0.5%-6.5%
MO ALTRIA GROUP INCConsumer staples75.0K$4.9M0.5%-2.7%
PM PHILIP MORRIS INTERNATIONALConsumer staples24.2K$4.0M0.4%-0.8%
GOOG ALPHABET INC-CL CTechnology10.7K$3.1M0.3%Held
HSY HERSHEY CO/THEConsumer staples14.3K$3.0M0.3%+0.8%
ABT ABBOTT LABORATORIESHealthcare28.5K$2.9M0.3%-1.6%
IBM INTL BUSINESS MACHINES CORPTechnology11.5K$2.8M0.3%-0.2%
SYY SYSCO CORPConsumer discretionary38.9K$2.8M0.3%-2.4%
CASY CASEY'S GENERAL STORES INCConsumer discretionary3.8K$2.8M0.3%Held
PEP PEPSICO INCConsumer staples17.4K$2.7M0.3%-3.0%
CRM SALESFORCE INCTechnology13.1K$2.4M0.2%-73.0%
FITB FIFTH THIRD BANCORPFinancials48.5K$2.3M0.2%New
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials4.6K$2.2M0.2%-0.5%
KO COCA-COLA CO/THEConsumer staples27.6K$2.1M0.2%+0.4%
NEE NEXTERA ENERGY INCUtilities21.7K$2.0M0.2%-2.1%
CAT CATERPILLAR INCIndustrials2.2K$1.5M0.1%Held
LIEN CHICAGO ATLANTIC BDC INC161.3K$1.5M0.1%Held
TD TORONTO-DOMINION BANKFinancials16.1K$1.5M0.1%-6.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 2, 20260$0 $K fixed canonicalSEC ↗
Q4 202513F-HRJan 12, 20260$0 $K fixed canonicalSEC ↗
Q3 202513F-HROct 9, 20250$0 $K fixed canonicalSEC ↗
Q2 202513F-HRJul 2, 20250$0 $K fixed canonicalSEC ↗
Q1 202513F-HRApr 8, 20250$0 $K fixed canonicalSEC ↗
Q4 202413F-HRJan 10, 20250$0 $K fixed canonicalSEC ↗
Q3 202413F-HROct 3, 20240$0 $K fixed canonicalSEC ↗
Q2 202413F-HRJul 16, 20240$0 $K fixed canonicalSEC ↗
Q1 202413F-HRApr 15, 20240$0 $K fixed canonicalSEC ↗