SGL Investment Advisors, Inc.

Q3 2025 13F-HR Holdings

Location
Missoula, MT
Holdings as of
9/30/2025
Date filed
11/4/2025
Form type
13F-HR
Num holdings
126
Total value ($000)
$239,975
Net value change ($000)
+29,819 (14.2%)
New positions
9
Sold out positions
3
Turnover %
2.8%
Sector allocation + QoQ delta (equities-only)
Prev filing: 7/23/2025 Next filing: 2/6/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
AAPL 2,980 33.2%
YELP 2,656 NEW
GOOGL 2,636 54.2%
NVDA 2,601 47.4%
IVW 1,655 29.3%
CMI 1,536 32.1%
WMT 1,355 43.4%
SPY 1,008 34.5%
JNJ 968 19.0%
IAU 912 29.4%
Top Reduces (Value $000, Stocks/ETFs)
Unilever PLC -2,586 -79.3%
NXST -1,127 -26.3%
ADBE -615 -16.4%
DES -591 -100.0%
IPG -538 -15.7%
DECK -528 -100.0%
DBX -442 -100.0%
META -431 -8.8%
WM -413 -61.0%
PSA -367 -8.8%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type