# Ellenbecker Investment Group

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1731497. Source: https://holderbook.com/funds/1731497-ellenbecker-investment-group/

- Reported value: $860.2M
- Positions: 149
- Weight of the ten largest: 79.7%
- Filed: 2026-07-27

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $210.9M | 281,564 | 24.5% | 31 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $85.0M | 858,837 | 9.9% | 31 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $79.1M | 1,110,314 | 9.2% | 24 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $77.8M | 626,345 | 9.0% | 31 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $60.6M | 199,894 | 7.0% | 31 |
| PIMCO ETF TR | [PYLD](https://holderbook.com/stocks/PYLD/) | $50.0M | 1,884,416 | 5.8% | 7 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $37.7M | 155,500 | 4.4% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $34.4M | 575,570 | 4.0% | 31 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $28.5M | 421,419 | 3.3% | 7 |
| ISHARES TR | [AOA](https://holderbook.com/stocks/AOA/) | $21.8M | 223,468 | 2.5% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $11.3M | 39,082 | 1.3% | 31 |
| ISHARES TR | [AOR](https://holderbook.com/stocks/AOR/) | $11.1M | 159,634 | 1.3% | 19 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $9.9M | 66,424 | 1.1% | 31 |
| PGIM ETF TR | [PHYL](https://holderbook.com/stocks/PHYL/) | $7.9M | 225,923 | 0.9% | 7 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $7.3M | 9,722 | 0.8% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.1M | 25,478 | 0.6% | 24 |
| ISHARES TR | [IAGG](https://holderbook.com/stocks/IAGG/) | $5.0M | 98,413 | 0.6% | 1 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $4.7M | 4,396 | 0.5% | 11 |
| J P MORGAN EXCHANGE TRADED F | [JPIB](https://holderbook.com/stocks/JPIB/) | $4.7M | 96,621 | 0.5% | 1 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $4.3M | 89,477 | 0.5% | 4 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $4.3M | 52,902 | 0.5% | 31 |
| ISHARES TR | [AOM](https://holderbook.com/stocks/AOM/) | $4.2M | 83,370 | 0.5% | 19 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.0M | 10,768 | 0.5% | 31 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $3.8M | 21,001 | 0.4% | 31 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $3.4M | 106,722 | 0.4% | 15 |
| PGIM ETF TR | [PULS](https://holderbook.com/stocks/PULS/) | $2.8M | 56,449 | 0.3% | 16 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $2.6M | 22,262 | 0.3% | 31 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $2.4M | 22,083 | 0.3% | 31 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $2.2M | 31,267 | 0.3% | 31 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $2.2M | 14,589 | 0.3% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.1M | 8,917 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $1.9M | 5,461 | 0.2% | 14 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.7M | 5,792 | 0.2% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.7M | 4,885 | 0.2% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.7M | 3,392 | 0.2% | 30 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.6M | 14,319 | 0.2% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.5M | 3,571 | 0.2% | 19 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.4M | 5,702 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.4M | 3,656 | 0.2% | 10 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $1.3M | 15,200 | 0.2% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.3M | 3,541 | 0.1% | 13 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.3M | 4,933 | 0.1% | 31 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.3M | 12,960 | 0.1% | 19 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.2M | 2,953 | 0.1% | 24 |
| ISHARES TR | [USRT](https://holderbook.com/stocks/USRT/) | $1.2M | 18,594 | 0.1% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $1.2M | 14,405 | 0.1% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.1M | 8,028 | 0.1% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $1.1M | 2,478 | 0.1% | 16 |
| DIMENSIONAL ETF TRUST | [DFIV](https://holderbook.com/stocks/DFIV/) | $1.0M | 18,747 | 0.1% | 20 |
| JP MORGAN CHASE & CO | [JPMPRACL](https://holderbook.com/stocks/JPMPRACL/) | $1.0M | 3,080 | 0.1% | 23 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $991.4K | 7,714 | 0.1% | 31 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $934.4K | 25,418 | 0.1% | 19 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $872.3K | 6,442 | 0.1% | 31 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $869.0K | 10,397 | 0.1% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $856.5K | 714 | 0.1% | 10 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $837.3K | 2,374 | 0.1% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $819.6K | 2,914 | 0.1% | 17 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $810.6K | 1,121 | 0.1% | 4 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $810.3K | 1,636 | 0.1% | 29 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $806.6K | 16,445 | 0.1% | 31 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $803.8K | 4,548 | 0.1% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $748.9K | 1 | 0.1% | 6 |
| ALLIANT ENERGY CORP | [LNT](https://holderbook.com/stocks/LNT/) | $748.1K | 9,805 | 0.1% | 20 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $738.8K | 1,993 | 0.1% | 14 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $725.6K | 1,920 | 0.1% | 10 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $700.5K | 5,481 | 0.1% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $700.5K | 2,041 | 0.1% | 19 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $659.1K | 2,184 | 0.1% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $618.2K | 3,938 | 0.1% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $606.1K | 3,656 | 0.1% | 31 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $595.2K | 780 | 0.1% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $590.0K | 630 | 0.1% | 15 |
| ISHARES TR | [EAGG](https://holderbook.com/stocks/EAGG/) | $587.9K | 12,399 | 0.1% | 3 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $585.0K | 2,613 | 0.1% | 31 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $577.7K | 2,613 | 0.1% | 1 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $567.0K | 1,006 | 0.1% | 14 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $548.8K | 6,752 | 0.1% | 18 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $537.3K | 3,677 | 0.1% | 11 |
| ISHARES TR | [XJH](https://holderbook.com/stocks/XJH/) | $509.8K | 9,775 | 0.1% | 2 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $503.6K | 867 | 0.1% | 1 |
| ISHARES TR | [XJR](https://holderbook.com/stocks/XJR/) | $500.2K | 9,484 | 0.1% | 1 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $491.9K | 15,387 | 0.1% | 19 |
| AXON ENTERPRISE INC | [AXON](https://holderbook.com/stocks/AXON/) | $486.0K | 867 | 0.1% | 11 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $480.3K | 3,277 | 0.1% | 9 |
| VANGUARD | - | $479.8K | 5,569 | 0.1% | 3 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $469.7K | 22,692 | 0.1% | 31 |
| INVESCO EXCH TRADED FD TR II | [SPMO](https://holderbook.com/stocks/SPMO/) | $464.1K | 2,872 | 0.1% | 5 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $444.9K | 647 | 0.1% | 8 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $444.3K | 1,206 | 0.1% | 8 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $442.0K | 6,191 | 0.1% | 11 |
| PROFESIONALLY MANAGED PORTFO | [AKRE](https://holderbook.com/stocks/AKRE/) | $437.1K | 8,218 | 0.1% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $435.9K | 2,972 | 0.1% | 24 |
| MGIC INVT CORP WIS | [MTG](https://holderbook.com/stocks/MTG/) | $431.9K | 15,315 | 0.1% | 9 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $412.3K | 5,439 | 0.0% | 10 |
| ISHARES TR | [XVV](https://holderbook.com/stocks/XVV/) | $408.2K | 7,188 | 0.0% | 11 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $408.2K | 4,498 | 0.0% | 25 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $402.8K | 2,122 | 0.0% | 10 |
| BADGER METER INC | [BMI](https://holderbook.com/stocks/BMI/) | $402.6K | 2,713 | 0.0% | 16 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $392.8K | 1,453 | 0.0% | 31 |
| ISHARES TR | [CRBN](https://holderbook.com/stocks/CRBN/) | $372.4K | 1,472 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +10.9% | +14.8% | -3.9% | 100% |
| Q1 2026 | -2.1% | -4.6% | +2.6% | 100% |
| Q4 2025 | +1.2% | +2.4% | -1.1% | 100% |
| Q3 2025 | +6.3% | +7.8% | -1.6% | 100% |
| Q2 2025 | +7.7% | +10.5% | -2.8% | 100% |
| Q1 2025 | -3.2% | -4.6% | +1.3% | 100% |
| Q4 2024 | +0.4% | +2.1% | -1.7% | 100% |
| Q3 2024 | +6.5% | +5.4% | +1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $860.2M | 149 |
| Q1 2026 | $742.9M | 134 |
| Q4 2025 | $714.7M | 132 |
| Q3 2025 | $677.8M | 128 |
| Q2 2025 | $619.0M | 119 |
| Q1 2025 | $556.5M | 112 |
| Q4 2024 | $559.2M | 112 |
| Q3 2024 | $529.2M | 109 |
| Q2 2024 | $496.9M | 117 |
| Q1 2024 | $476.2M | 105 |
| Q4 2023 | $431.8M | 97 |
| Q3 2023 | $386.3M | 98 |