Alhambra Investment Management LLC Q2 2025 Filing

Filed July 15, 2025

Portfolio Value

$201.7B

Holdings

180

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (180 positions)

#StockSharesValue% PortfolioType
1
AAPLAPPLE INC
54,709$11.2B5.57%
2
FNDXSCHWAB STRATEGIC TR
407,740$10.0B4.96%
3
DGROISHARES TR
111,102$7.1B3.52%
4
COSTCOSTCO WHSL CORP NEW
5,847$5.8B2.87%
5
STIPISHARES TR
53,686$5.5B2.74%
6
SPGPINVESCO EXCHANGE TRADED FD T
50,432$5.4B2.69%
7
FNDFSCHWAB STRATEGIC TR
130,632$5.2B2.59%
8
REETISHARES TR
172,869$4.3B2.12%
9
IAU*ISHARES GOLD TR
67,576$4.2B2.09%
10
VBRVANGUARD INDEX FDS
21,000$4.1B2.03%
11
VNQVANGUARD INDEX FDS
45,273$4.0B2.00%
12
IJHISHARES TR
63,926$4.0B1.97%
13
MSFTMICROSOFT CORP
7,468$3.7B1.84%
14
VGSHVANGUARD SCOTTSDALE FDS
60,946$3.6B1.78%
15
VGITVANGUARD SCOTTSDALE FDS
59,485$3.6B1.76%
16
GOOGLALPHABET INC
19,480$3.4B1.70%
17
BNDWVANGUARD SCOTTSDALE FDS
47,338$3.3B1.63%
18
SUBISHARES TR
30,586$3.3B1.61%
19
VXUSVANGUARD STAR FDS
46,876$3.2B1.61%
20
AGGISHARES TR
30,431$3.0B1.50%
21
BRK/BBERKSHIRE HATHAWAY INC DEL
5,425$2.6B1.31%
22
GOOGALPHABET INC
14,379$2.6B1.26%
23
ISRGINTUITIVE SURGICAL INC
4,500$2.4B1.21%
24
MUBISHARES TR
21,972$2.3B1.14%
25
HDHOME DEPOT INC
6,020$2.2B1.09%
26
JPMJPMORGAN CHASE & CO.
7,393$2.1B1.06%
27
PDBCINVESCO ACTVELY MNGD ETC FD
159,989$2.1B1.03%
28
COMTISHARES U S ETF TR
79,965$2.1B1.03%
29
CSCOCISCO SYS INC
25,651$1.8B0.88%
30
QCOMQUALCOMM INC
10,248$1.6B0.81%
31
VVISA INC
4,592$1.6B0.81%
32
PALLABRDN PALLADIUM ETF TRUST
15,838$1.6B0.79%
33
NFLXNETFLIX INC
1,176$1.6B0.78%
34
PPLTABRDN PLATINUM ETF TRUST
11,452$1.4B0.70%
35
JNJJOHNSON & JOHNSON
9,123$1.4B0.69%
36
PEPPEPSICO INC
10,339$1.4B0.68%
37
AXPAMERICAN EXPRESS CO
4,275$1.4B0.68%
38
GEGE AEROSPACE
5,188$1.3B0.66%
39
AMZNAMAZON COM INC
5,608$1.2B0.61%
40
TDSTELEPHONE & DATA SYS INC
34,000$1.2B0.60%
41
ORCLORACLE CORP
5,404$1.2B0.59%
42
METAMETA PLATFORMS INC
1,549$1.1B0.57%
43
NEENEXTERA ENERGY INC
16,362$1.1B0.56%
44
AMGNAMGEN INC
3,976$1.1B0.55%
45
TJXTJX COS INC NEW
8,934$1.1B0.55%
46
KOCOCA COLA CO
15,523$1.1B0.54%
47
PNCPNC FINL SVCS GROUP INC
5,791$1.1B0.54%
48
PYPLPAYPAL HLDGS INC
14,507$1.1B0.53%
49
RTXRTX CORPORATION
7,302$1.1B0.53%
50
SONYSONY GROUP CORP
39,991$1.0B0.52%
51
WMTWALMART INC
10,585$1.0B0.51%
52
MCDMCDONALDS CORP
3,534$1.0B0.51%
53
XOMEXXON MOBIL CORP
9,018$972.1M0.48%
54
ADPAUTOMATIC DATA PROCESSING IN
3,095$954.6M0.47%
55
GRMNGARMIN LTD
4,461$931.1M0.46%
56
PGPROCTER AND GAMBLE CO
5,777$920.4M0.46%
57
CITHE CIGNA GROUP
2,782$919.7M0.46%
58
PHPARKER-HANNIFIN CORP
1,291$901.7M0.45%
59
SHELSHELL PLC
12,286$865.1M0.43%
60
MRKMERCK & CO INC
10,876$861.0M0.43%
61
BILSPDR SERIES TRUST
8,911$817.4M0.41%
62
VTESVANGUARD WELLINGTON FD
7,800$787.3M0.39%
63
SYKSTRYKER CORPORATION
1,937$766.3M0.38%
64
CVXCHEVRON CORP NEW
5,325$762.4M0.38%
65
SHYISHARES TR
9,124$756.0M0.37%
66
DISDISNEY WALT CO
6,069$752.6M0.37%
67
ABBVABBVIE INC
3,929$729.4M0.36%
68
LLYELI LILLY & CO
924$720.3M0.36%
69
BSVVANGUARD BD INDEX FDS
8,874$698.4M0.35%
70
VTEBVANGUARD MUN BD FDS
14,100$691.3M0.34%
71
ACNACCENTURE PLC IRELAND
2,303$688.3M0.34%
72
CSLCARLISLE COS INC
1,823$680.7M0.34%
73
YUMYUM BRANDS INC
4,589$679.9M0.34%
74
LOWLOWES COS INC
3,050$676.7M0.34%
75
CHWYCHEWY INC
15,685$668.5M0.33%
76
CTSHCOGNIZANT TECHNOLOGY SOLUTIO
8,382$654.1M0.32%
77
ADSKAUTODESK INC
2,063$638.6M0.32%
78
NOCNORTHROP GRUMMAN CORP
1,269$634.5M0.31%
79
GQ9SPDR GOLD TR
2,081$634.4M0.31%
80
CITCINTAS CORP
2,820$628.5M0.31%
81
TRVTRAVELERS COMPANIES INC
2,330$623.4M0.31%
82
NVSNNOVARTIS AG
5,146$622.7M0.31%
83
SSNCSS&C TECHNOLOGIES HLDGS INC
7,324$606.4M0.30%
84
ETNEATON CORP PLC
1,675$598.0M0.30%
85
IJRISHARES TR
5,336$583.2M0.29%
86
ABTABBOTT LABS
4,273$581.2M0.29%
87
RSGREPUBLIC SVCS INC
2,337$576.3M0.29%
88
HSYHERSHEY CO
3,441$571.0M0.28%
89
BKBANK NEW YORK MELLON CORP
6,175$562.6M0.28%
90
AFLAFLAC INC
5,015$528.9M0.26%
91
DHRDANAHER CORPORATION
2,641$521.8M0.26%
92
JPSTJ P MORGAN EXCHANGE TRADED F
10,262$520.1M0.26%
93
ADBEADOBE INC
1,329$514.2M0.25%
94
LRCXLAM RESEARCH CORP
5,213$507.4M0.25%
95
ACWIISHARES TR
3,902$501.8M0.25%
96
KMIKINDER MORGAN INC DEL
15,934$468.5M0.23%
97
GEHCGE HEALTHCARE TECHNOLOGIES I
6,133$454.3M0.23%
98
AIQGLOBAL X FDS
10,396$454.2M0.23%
99
SBUXSTARBUCKS CORP
4,935$452.2M0.22%
100
JBLJABIL INC
2,049$446.9M0.22%
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