# FPC INVESTMENT ADVISORY, INC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2021217. Source: https://holderbook.com/funds/2021217-fpc-investment-advisory-inc/

- Reported value: $211.9M
- Positions: 36
- Weight of the ten largest: 85.6%
- Filed: 2026-08-13

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 |
|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $36.5M | 1,243,751 | 17.2% | 7 |
| ISHARES TR | [ISTB](https://holderbook.com/stocks/ISTB/) | $33.1M | 688,511 | 15.6% | 10 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $30.1M | 395,163 | 14.2% | 10 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $26.1M | 294,912 | 12.3% | 10 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $10.9M | 32,762 | 5.2% | 10 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $10.7M | 127,051 | 5.1% | 10 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $9.6M | 131,165 | 4.5% | 10 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $9.3M | 82,652 | 4.4% | 10 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $8.7M | 95,871 | 4.1% | 10 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $6.5M | 135,332 | 3.1% | 8 |
| ISHARES TR | [IEV](https://holderbook.com/stocks/IEV/) | $6.0M | 82,675 | 2.8% | 10 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $4.2M | 26,010 | 2.0% | 10 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.0M | 8,709 | 1.4% | 3 |
| ISHARES TR | [IAGG](https://holderbook.com/stocks/IAGG/) | $3.0M | 59,388 | 1.4% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.8M | 13,896 | 1.3% | 10 |
| ISHARES TR | [AAXJ](https://holderbook.com/stocks/AAXJ/) | $1.9M | 17,048 | 0.9% | 10 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.7M | 4,661 | 0.8% | 10 |
| VANGUARD BD INDEX FDS | [BLV](https://holderbook.com/stocks/BLV/) | $1.6M | 24,333 | 0.8% | 10 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $676.0K | 7,023 | 0.3% | 7 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $565.8K | 7,283 | 0.3% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $526.9K | 1,338 | 0.2% | 10 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $486.4K | 753 | 0.2% | 3 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $486.1K | 1,910 | 0.2% | 7 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $479.2K | 2,003 | 0.2% | 10 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $407.2K | 1,647 | 0.2% | 10 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $323.4K | 2,500 | 0.2% | 3 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $283.8K | 9,870 | 0.1% | 10 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $269.7K | 544 | 0.1% | 1 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $264.3K | 7,761 | 0.1% | 7 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $239.7K | 1,182 | 0.1% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $237.9K | 686 | 0.1% | 3 |
| FLAGSTAR BANK NATIONAL ASSOC | [FLG](https://holderbook.com/stocks/FLG/) | $233.9K | 15,700 | 0.1% | 3 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $213.7K | 5,100 | 0.1% | 2 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $209.4K | 1,642 | 0.1% | 1 |
| PATTERSON-UTI ENERGY INC | [PTEN](https://holderbook.com/stocks/PTEN/) | $201.4K | 20,100 | 0.1% | 3 |
| FATE THERAPEUTICS INC | [FATE](https://holderbook.com/stocks/FATE/) | $73.5K | 26,456 | 0.0% | 7 |

## 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 | +14.0% | +14.8% | -0.8% | 123% |
| Q1 2026 | -2.3% | -4.6% | +2.3% | 100% |
| Q4 2025 | +1.5% | +2.4% | -0.8% | 100% |
| Q3 2025 | +4.8% | +7.8% | -3.1% | 99% |
| Q2 2025 | +4.8% | +10.5% | -5.6% | 100% |
| Q1 2025 | +0.4% | -4.6% | +4.9% | 99% |
| Q4 2024 | -3.7% | +2.1% | -5.9% | 102% |
| Q3 2024 | +4.7% | +5.4% | -0.7% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $211.9M | 36 |
| Q1 2026 | $200.5M | 34 |
| Q4 2025 | $182.5M | 34 |
| Q3 2025 | $166.7M | 28 |
| Q2 2025 | $160.0M | 28 |
| Q1 2025 | $145.7M | 27 |
| Q4 2024 | $136.8M | 283 |
| Q3 2024 | $117.9M | 97 |
| Q2 2024 | $111.1M | 97 |
| Q1 2024 | $101.4M | 86 |