# Ulland Investment Advisors, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1911497. Source: https://holderbook.com/funds/1911497-ulland-investment-advisors-llc/

- Reported value: $135.6M
- Positions: 227
- Weight of the ten largest: 51.5%
- 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 |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $11.0M | 31,060 | 8.1% | 19 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $10.4M | 51,859 | 7.7% | 19 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $8.8M | 26,386 | 6.5% | 11 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $7.0M | 9,528 | 5.2% | 19 |
| AXON ENTERPRISE INC | [AXON](https://holderbook.com/stocks/AXON/) | $6.3M | 11,195 | 4.6% | 19 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $6.0M | 10,640 | 4.4% | 19 |
| J P MORGAN EXCHANGE TRADED F | [JEPQ](https://holderbook.com/stocks/JEPQ/) | $5.5M | 89,366 | 4.1% | 7 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $5.2M | 91,995 | 3.8% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $5.1M | 21,457 | 3.8% | 19 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $4.6M | 12,793 | 3.4% | 19 |
| CHAMPION HOMES INC | [SKY](https://holderbook.com/stocks/SKY/) | $4.0M | 45,157 | 2.9% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.7M | 12,751 | 2.7% | 19 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $2.9M | 79,541 | 2.2% | 19 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $2.5M | 5,924 | 1.8% | 19 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $2.4M | 7,124 | 1.8% | 19 |
| J P MORGAN EXCHANGE TRADED F | [JTEK](https://holderbook.com/stocks/JTEK/) | $2.3M | 20,494 | 1.7% | 10 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $2.1M | 7,055 | 1.6% | 10 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.0M | 5,349 | 1.5% | 19 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.9M | 2,502 | 1.4% | 19 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $1.8M | 8,139 | 1.3% | 19 |
| ISHARES TR | [SMMD](https://holderbook.com/stocks/SMMD/) | $1.6M | 17,209 | 1.2% | 11 |
| GLOBAL X FDS | [QYLD](https://holderbook.com/stocks/QYLD/) | $1.5M | 83,527 | 1.1% | 11 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $1.5M | 2 | 1.1% | 19 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $1.3M | 42,952 | 0.9% | 19 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $1.2M | 9,360 | 0.8% | 19 |
| UMH PPTYS INC | [UMH](https://holderbook.com/stocks/UMH/) | $1.2M | 76,015 | 0.8% | 8 |
| GOLDMAN SACHS ETF TR | [GPIX](https://holderbook.com/stocks/GPIX/) | $1.1M | 19,227 | 0.8% | 6 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $1.0M | 5,390 | 0.7% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $992.0K | 1,982 | 0.7% | 19 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $975.0K | 1,420 | 0.7% | 19 |
| BLOCK INC | [XYZ](https://holderbook.com/stocks/XYZ/) | $957.0K | 12,593 | 0.7% | 8 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $888.0K | 9,802 | 0.7% | 19 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $883.0K | 1,980 | 0.7% | 10 |
| ALPS ETF TR | [AMLP](https://holderbook.com/stocks/AMLP/) | $854.0K | 16,480 | 0.6% | 12 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $808.0K | 18,934 | 0.6% | 19 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $805.0K | 1,055 | 0.6% | 10 |
| GENERAC HLDGS INC | [GNRC](https://holderbook.com/stocks/GNRC/) | $769.0K | 2,625 | 0.6% | 16 |
| INVESCO EXCHANGE TRADED FD T | [PSI](https://holderbook.com/stocks/PSI/) | $728.0K | 3,877 | 0.5% | 19 |
| WESTERN MIDSTREAM PARTNERS L | [WES](https://holderbook.com/stocks/WES/) | $641.0K | 14,650 | 0.5% | 2 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $623.0K | 4,559 | 0.5% | 1 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $577.0K | 617 | 0.4% | 19 |
| AMKOR TECHNOLOGY INC | [AMKR](https://holderbook.com/stocks/AMKR/) | $561.0K | 6,505 | 0.4% | 8 |
| ISHARES TR | [DSI](https://holderbook.com/stocks/DSI/) | $552.0K | 3,875 | 0.4% | 19 |
| NATURAL RESOURCE PARTNERS LP | [NRP](https://holderbook.com/stocks/NRP/) | $534.0K | 5,500 | 0.4% | 1 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $495.0K | 465 | 0.4% | 19 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $478.0K | 25,000 | 0.4% | 13 |
| LANTHEUS HLDGS INC | [LNTH](https://holderbook.com/stocks/LNTH/) | $463.0K | 4,175 | 0.3% | 11 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $458.0K | 1,756 | 0.3% | 19 |
| GOLDMAN SACHS ETF TR | [JUST](https://holderbook.com/stocks/JUST/) | $440.0K | 4,120 | 0.3% | 19 |
| SUNOCO LP/SUNOCO FIN CORP | [SUN](https://holderbook.com/stocks/SUN/) | $435.0K | 6,450 | 0.3% | 4 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $423.0K | 2,229 | 0.3% | 19 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $423.0K | 7,970 | 0.3% | 18 |
| MPLX LP | [MPLX](https://holderbook.com/stocks/MPLX/) | $422.0K | 7,500 | 0.3% | 13 |
| DORCHESTER MINERALS LP | [DMLP](https://holderbook.com/stocks/DMLP/) | $404.0K | 16,000 | 0.3% | 2 |
| ALVOTECH | [ALVO](https://holderbook.com/stocks/ALVO/) | $404.0K | 109,500 | 0.3% | 4 |
| ISHARES TR | [SUSA](https://holderbook.com/stocks/SUSA/) | $402.0K | 2,605 | 0.3% | 19 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $390.0K | 10,600 | 0.3% | 4 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $386.0K | 1,023 | 0.3% | 10 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $376.0K | 1,481 | 0.3% | 19 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $369.0K | 1,083 | 0.3% | 10 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $368.0K | 1,321 | 0.3% | 19 |
| USA COMPRESSION PARTNERS LP | [USAC](https://holderbook.com/stocks/USAC/) | $343.0K | 13,000 | 0.3% | 1 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $334.0K | 3,025 | 0.2% | 19 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $333.0K | 2,680 | 0.2% | 10 |
| BLACK STONE MINERALS L P | [BSM](https://holderbook.com/stocks/BSM/) | $331.0K | 23,700 | 0.2% | 2 |
| VIEMED HEALTHCARE INC | [VMD](https://holderbook.com/stocks/VMD/) | $325.0K | 28,545 | 0.2% | 12 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $292.0K | 1,043 | 0.2% | 9 |
| MIRION TECHNOLOGIES INC | [MIR](https://holderbook.com/stocks/MIR/) | $266.0K | 14,810 | 0.2% | 1 |
| PLAINS ALL AMERN PIPELINE L | [PAA](https://holderbook.com/stocks/PAA/) | $256.0K | 11,500 | 0.2% | 4 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $240.0K | 200 | 0.2% | 19 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $237.0K | 1,312 | 0.2% | 19 |
| STRATEGY INC | [STRK](https://holderbook.com/stocks/STRK/) | $232.0K | 3,950 | 0.2% | 6 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $223.0K | 466 | 0.2% | 8 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $202.0K | 200 | 0.1% | 19 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $199.0K | 1,810 | 0.1% | 3 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $179.0K | 1,936 | 0.1% | 19 |
| GLOBAL X FDS | [RYLD](https://holderbook.com/stocks/RYLD/) | $173.0K | 10,800 | 0.1% | 5 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $173.0K | 1,180 | 0.1% | 19 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $168.0K | 555 | 0.1% | 19 |
| VICI PPTYS INC | [VICI](https://holderbook.com/stocks/VICI/) | $161.0K | 6,050 | 0.1% | 7 |
| J P MORGAN EXCHANGE TRADED F | [HELO](https://holderbook.com/stocks/HELO/) | $160.0K | 2,370 | 0.1% | 6 |
| PROSHARES TR | [IQQQ](https://holderbook.com/stocks/IQQQ/) | $160.0K | 3,150 | 0.1% | 4 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $159.0K | 2,169 | 0.1% | 19 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $156.0K | 600 | 0.1% | 10 |
| GLOBAL X FDS | [URA](https://holderbook.com/stocks/URA/) | $156.0K | 3,574 | 0.1% | 7 |
| VICOR CORP | [VICR](https://holderbook.com/stocks/VICR/) | $147.0K | 386 | 0.1% | 19 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $141.0K | 665 | 0.1% | 6 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $140.0K | 360 | 0.1% | 19 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $136.0K | 626 | 0.1% | 7 |
| GLOBAL X FDS | [BUG](https://holderbook.com/stocks/BUG/) | $129.0K | 3,375 | 0.1% | 3 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $123.0K | 957 | 0.1% | 19 |
| INNOVATOR ETFS TRUST | [LOUP](https://holderbook.com/stocks/LOUP/) | $120.0K | 1,215 | 0.1% | 7 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $119.0K | 300 | 0.1% | 19 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $116.0K | 700 | 0.1% | 19 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $113.0K | 1,370 | 0.1% | 19 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $111.0K | 301 | 0.1% | 19 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $107.0K | 943 | 0.1% | 19 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $106.0K | 670 | 0.1% | 19 |
| GLOBAL X FDS | [AIQ](https://holderbook.com/stocks/AIQ/) | $95.0K | 1,450 | 0.1% | 10 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $95.0K | 585 | 0.1% | 19 |

## 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 | +16.9% | +14.8% | +2.1% | 100% |
| Q1 2026 | -4.5% | -4.6% | +0.1% | 100% |
| Q4 2025 | +2.4% | +2.4% | +0.1% | 100% |
| Q3 2025 | +8.0% | +7.8% | +0.2% | 100% |
| Q2 2025 | +13.5% | +10.5% | +3.0% | 100% |
| Q1 2025 | -7.6% | -4.6% | -3.0% | 100% |
| Q4 2024 | +5.4% | +2.1% | +3.3% | 100% |
| Q3 2024 | +5.6% | +5.4% | +0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $135.6M | 227 |
| Q1 2026 | $116.6M | 209 |
| Q4 2025 | $124.9M | 214 |
| Q3 2025 | $132.8M | 224 |
| Q2 2025 | $131.0M | 208 |
| Q1 2025 | $119.6M | 214 |
| Q4 2024 | $156.8M | 208 |
| Q3 2024 | $136.6M | 200 |
| Q2 2024 | $143.9M | 218 |
| Q1 2024 | $125.3M | 224 |
| Q4 2023 | $99.2M | 201 |
| Q3 2023 | $91.0M | 211 |