# Alhambra Investment Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1802696. Source: https://holderbook.com/funds/1802696-alhambra-investment-management-llc/

- Reported value: $229.1M
- Positions: 182
- Weight of the ten largest: 34.0%
- Filed: 2026-07-16

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 |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $15.3M | 52,737 | 6.7% | 27 |
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $12.3M | 394,513 | 5.4% | 10 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $7.9M | 104,316 | 3.5% | 27 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $7.7M | 75,763 | 3.4% | 9 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $6.6M | 18,331 | 2.9% | 27 |
| VANGUARD SCOTTSDALE FDS | [BNDW](https://holderbook.com/stocks/BNDW/) | $6.0M | 87,061 | 2.6% | 15 |
| INVESCO EXCHANGE TRADED FD T | [SPGP](https://holderbook.com/stocks/SPGP/) | $5.7M | 46,553 | 2.5% | 10 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $5.7M | 97,370 | 2.5% | 15 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $5.6M | 106,271 | 2.4% | 10 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $5.3M | 5,681 | 2.3% | 27 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $5.3M | 89,590 | 2.3% | 15 |
| ISHARES TR | [REET](https://holderbook.com/stocks/REET/) | $5.1M | 183,949 | 2.2% | 15 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $5.0M | 14,073 | 2.2% | 27 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $4.7M | 49,241 | 2.1% | 15 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $4.7M | 61,036 | 2.1% | 12 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $4.5M | 18,629 | 2.0% | 15 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $3.8M | 35,827 | 1.7% | 21 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $3.5M | 40,832 | 1.5% | 8 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $3.0M | 39,139 | 1.3% | 21 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.9M | 24,398 | 1.3% | 27 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.8M | 5,592 | 1.2% | 22 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $2.8M | 28,251 | 1.2% | 24 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.7M | 7,325 | 1.2% | 27 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.2M | 8,705 | 1.0% | 27 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.2M | 6,611 | 0.9% | 27 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.1M | 5,873 | 0.9% | 27 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $1.9M | 17,965 | 0.8% | 19 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $1.8M | 9,873 | 0.8% | 24 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $1.8M | 4,500 | 0.8% | 22 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.7M | 12,236 | 0.7% | 27 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.6M | 4,793 | 0.7% | 27 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.6M | 4,220 | 0.7% | 20 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.6M | 4,329 | 0.7% | 27 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.5M | 17,614 | 0.7% | 27 |
| ISHARES U S ETF TR | [COMT](https://holderbook.com/stocks/COMT/) | $1.4M | 47,290 | 0.6% | 9 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $1.4M | 5,716 | 0.6% | 27 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $1.4M | 27,817 | 0.6% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.4M | 5,798 | 0.6% | 26 |
| INVESCO ACTVELY MNGD ETC FD | [PDBC](https://holderbook.com/stocks/PDBC/) | $1.3M | 84,725 | 0.6% | 20 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.3M | 10,112 | 0.6% | 27 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.3M | 3,839 | 0.6% | 27 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.3M | 1,067 | 0.6% | 13 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $1.3M | 8,434 | 0.6% | 22 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $1.3M | 6,704 | 0.6% | 25 |
| TELEPHONE & DATA SYS INC | [TDS](https://holderbook.com/stocks/TDS/) | $1.3M | 34,000 | 0.5% | 22 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $1.2M | 2,837 | 0.5% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.2M | 7,279 | 0.5% | 14 |
| VANGUARD WELLINGTON FD | [VTES](https://holderbook.com/stocks/VTES/) | $1.2M | 11,700 | 0.5% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.2M | 10,303 | 0.5% | 27 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.2M | 1,004 | 0.5% | 4 |
| USCF ETF TR | [SDCI](https://holderbook.com/stocks/SDCI/) | $1.2M | 43,540 | 0.5% | 3 |
| ABRDN ETFS | [BCD](https://holderbook.com/stocks/BCD/) | $1.1M | 33,382 | 0.5% | 3 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $1.1M | 1,158 | 0.5% | 27 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.1M | 13,738 | 0.5% | 27 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $1.1M | 3,614 | 0.5% | 11 |
| GARMIN LTD | [GRMN](https://holderbook.com/stocks/GRMN/) | $962.3K | 4,051 | 0.4% | 27 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $961.6K | 7,033 | 0.4% | 23 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $901.9K | 4,027 | 0.4% | 27 |
| SONY GROUP CORP | [SONY](https://holderbook.com/stocks/SONY/) | $898.7K | 44,803 | 0.4% | 9 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $882.5K | 3,265 | 0.4% | 27 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $847.9K | 5,782 | 0.4% | 22 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $833.9K | 5,321 | 0.4% | 22 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $833.8K | 10,155 | 0.4% | 27 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $825.7K | 1,142 | 0.4% | 7 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $788.7K | 5,318 | 0.3% | 27 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $784.4K | 10,067 | 0.3% | 27 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $762.8K | 10,683 | 0.3% | 11 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $761.0K | 5,193 | 0.3% | 27 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $760.7K | 9,811 | 0.3% | 18 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $742.8K | 2,250 | 0.3% | 22 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $737.8K | 1,545 | 0.3% | 9 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $735.7K | 2,924 | 0.3% | 25 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $695.6K | 4,810 | 0.3% | 27 |
| GLOBAL X FDS | [AIQ](https://holderbook.com/stocks/AIQ/) | $691.5K | 10,540 | 0.3% | 14 |
| ABRDN PALLADIUM ETF TRUST | [PALL](https://holderbook.com/stocks/PALL/) | $690.9K | 31,292 | 0.3% | 5 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $668.6K | 1,187 | 0.3% | 14 |
| CARLISLE COS INC | [CSL](https://holderbook.com/stocks/CSL/) | $661.3K | 1,823 | 0.3% | 27 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $659.6K | 1,295 | 0.3% | 27 |
| ABRDN PLATINUM ETF TRUST | [PPLT](https://holderbook.com/stocks/PPLT/) | $648.1K | 45,866 | 0.3% | 5 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $639.3K | 3,356 | 0.3% | 27 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $637.6K | 3,989 | 0.3% | 27 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $634.0K | 1,721 | 0.3% | 24 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $628.5K | 1,475 | 0.3% | 27 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $619.3K | 3,095 | 0.3% | 9 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $610.5K | 1,939 | 0.3% | 27 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $610.5K | 6,343 | 0.3% | 27 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $573.3K | 2,600 | 0.3% | 27 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $571.5K | 2,073 | 0.2% | 22 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $567.4K | 2,221 | 0.2% | 2 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $553.9K | 6,044 | 0.2% | 14 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $547.2K | 3,119 | 0.2% | 8 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $538.5K | 2,840 | 0.2% | 2 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $525.6K | 4,224 | 0.2% | 27 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $514.0K | 3,935 | 0.2% | 27 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $506.9K | 3,742 | 0.2% | 27 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $502.4K | 296 | 0.2% | 1 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $498.0K | 4,101 | 0.2% | 27 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $490.6K | 773 | 0.2% | 22 |
| MID-AMER APT CMNTYS INC | [MAA](https://holderbook.com/stocks/MAA/) | $490.5K | 3,530 | 0.2% | 11 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $488.8K | 975 | 0.2% | 27 |

## 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 | +6.5% | +14.8% | -8.3% | 100% |
| Q1 2026 | -0.3% | -4.6% | +4.3% | 100% |
| Q4 2025 | +3.0% | +2.4% | +0.6% | 100% |
| Q3 2025 | +6.1% | +7.8% | -1.7% | 100% |
| Q2 2025 | +3.6% | +10.5% | -6.9% | 100% |
| Q1 2025 | -0.3% | -4.6% | +4.2% | 100% |
| Q4 2024 | -1.1% | +2.1% | -3.3% | 100% |
| Q3 2024 | +7.1% | +5.4% | +1.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $229.1M | 182 |
| Q1 2026 | $216.6M | 176 |
| Q4 2025 | $215.0M | 175 |
| Q3 2025 | $210.6M | 178 |
| Q2 2025 | $201.7M | 180 |
| Q1 2025 | $194.1M | 163 |
| Q4 2024 | $195.0M | 166 |
| Q3 2024 | $192.8M | 174 |
| Q2 2024 | $182.6M | 169 |
| Q1 2024 | $182.9M | 161 |
| Q4 2023 | $168.5M | 160 |
| Q3 2023 | $151.9M | 143 |