LVM CAPITAL MANAGEMENT LTD/MI Q4 2025 Filing

Filed January 12, 2026

Portfolio Value

$1.1B

Holdings

161

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (161 positions)

#	Stock	Shares	Value	% Portfolio
1	AAPLAPPLE	368,719	$100.2M	9.31%
2	AVGOBROADCOM	240,090	$83.1M	7.72%
3	MSFTMICROSOFT	168,571	$81.5M	7.57%
4	LLYELI LILLY	51,197	$55.0M	5.11%
5	GOOGLALPHABET CL A	133,529	$41.8M	3.88%
6	ABBVABBVIE	169,711	$38.8M	3.60%
7	DWDMORGAN STANLEY	192,743	$34.2M	3.18%
8	CSCOCISCO SYSTEMS	391,748	$30.2M	2.80%
9	JNJJOHNSON & JOHNSON	145,288	$30.1M	2.79%
10	XOMEXXON MOBIL	247,550	$29.8M	2.77%
11	AXPAMERICAN EXPRESS	79,194	$29.3M	2.72%
12	PGPROCTER & GAMBLE	181,212	$26.0M	2.41%
13	DGRWWISDOMTREE US DIV GROWTH ETF	285,055	$25.5M	2.37%
14	IAU*ISHARES GOLD TRUST ETF	301,370	$24.5M	2.27%
15	NOCNORTHROP GRUMMAN	39,169	$22.3M	2.07%
16	AMATAPPLIED MATERIALS	75,583	$19.4M	1.80%
17	JPMJPMORGAN CHASE	55,936	$18.0M	1.67%
18	NVTNVENT ELECTRIC	165,427	$16.9M	1.57%
19	NVDANVIDIA	87,413	$16.3M	1.51%
20	IDAIDACORP	126,792	$16.0M	1.49%
21	HDHOME DEPOT	46,073	$15.9M	1.47%
22	AMZNAMAZON	64,503	$14.9M	1.38%
23	HUBBHUBBELL	30,635	$13.6M	1.26%
24	SPYSPDR S&P 500 EQUITY ETF	19,177	$13.1M	1.21%
25	SYKSTRYKER	37,063	$13.0M	1.21%
26	CRMSALESFORCE	48,551	$12.9M	1.19%
27	KRKROGER	197,394	$12.3M	1.15%
28	AQLTISHARES MSCI INTERNATIONAL QUA	257,461	$11.7M	1.09%
29	VRTXVERTEX PHARMACEUTICALS	25,775	$11.7M	1.09%
30	PANWPALO ALTO NETWORKS	54,938	$10.1M	0.94%
31	AMGNAMGEN	30,207	$9.9M	0.92%
32	UBERUBER	102,980	$8.4M	0.78%
33	PFEPFIZER	328,276	$8.2M	0.76%
34	EMXCISHARES MSCI EMERGING MARKETS	111,653	$8.1M	0.75%
35	EOGEOG RESOURCES	74,505	$7.8M	0.73%
36	FTNTFORTINET	97,551	$7.7M	0.72%
37	FQIDIGITAL REALTY TRUST	46,392	$7.2M	0.67%
38	DGRSWISDOMTREE US SMALLCAP DIV GRO	137,487	$6.8M	0.63%
39	WMWASTE MANAGEMENT	30,758	$6.8M	0.63%
40	CVXCHEVRON	38,689	$5.9M	0.55%
41	ICLRICON	32,257	$5.9M	0.55%
42	IXUSISHARES CORE INTERNATIONAL STO	63,165	$5.3M	0.50%
43	SPTMSPDR PORTFOLIO TOTAL EQUITY MA	64,031	$5.3M	0.49%
44	LMTLOCKHEED MARTIN	9,613	$4.7M	0.43%
45	MOALTRIA GROUP	77,040	$4.4M	0.41%
46	OREALTY INCOME	70,099	$4.0M	0.37%
47	4I1PHILIP MORRIS	24,373	$3.9M	0.36%
48	SCHDSCHWAB US DIVIDEND EQ ETF	139,177	$3.8M	0.35%
49	ABTABBOTT LABS	28,951	$3.6M	0.34%
50	IBMINTERNATIONAL BUSINESS MACHINE	11,520	$3.4M	0.32%
51	GOOGALPHABET CL C	10,683	$3.4M	0.31%
52	GQ9SPDR GOLD TRUST ETF	7,575	$3.0M	0.28%
53	DHSWISDOMTREE HIGH DIVIDEND ETF	29,329	$3.0M	0.28%
54	SYYSYSCO	39,910	$2.9M	0.27%
55	XLKTECHNOLOGY SECTOR SPDR ETF	18,377	$2.6M	0.25%
56	HSYHERSHEY	14,212	$2.6M	0.24%
57	PEPPEPSICO	17,910	$2.6M	0.24%
58	CMACOMERICA	28,107	$2.4M	0.23%
59	IWFISHARES RUSSELL 1000 GROWTH IN	5,041	$2.4M	0.22%
60	BRK/BBERKSHIRE HATHAWAY CL B	4,625	$2.3M	0.22%
61	CASYCASEYS GENERAL STORES	3,780	$2.1M	0.19%
62	KOCOCA-COLA	27,524	$1.9M	0.18%
63	NEENEXTERA ENERGY	22,192	$1.8M	0.17%
64	LIENCHICAGO ATLANTIC BDC	161,326	$1.7M	0.15%
65	TDTORONTO-DOMINION BANK	17,336	$1.6M	0.15%
66	XLVSPDR HEALTH CARE SECTOR ETF	9,362	$1.4M	0.13%
67	PHYS/USPROTT PHYSICAL GOLD TRUST	43,675	$1.4M	0.13%
68	RTXRTX CORP	7,662	$1.4M	0.13%
69	MRKMERCK	11,977	$1.3M	0.12%
70	CATCATERPILLAR	2,166	$1.2M	0.12%
71	MDTMEDTRONIC	12,196	$1.2M	0.11%
72	IJHISHARES S&P MID-CAP EQUITY ETF	16,257	$1.1M	0.10%
73	MMM3M	6,584	$1.1M	0.10%
74	ORCLORACLE	5,211	$1.0M	0.09%
75	BACBANK OF AMERICA	17,993	$990K	0.09%
76	SMHVANECK SEMICONDUCTOR ETF	2,745	$989K	0.09%
77	DEDEERE	2,095	$975K	0.09%
78	MCDMCDONALDS	3,167	$968K	0.09%
79	TRVTRAVELERS	3,251	$943K	0.09%
80	XNTKSPDR NYSE TECHNOLOGY EQUITY ET	3,379	$939K	0.09%
81	VIGVANGUARD DIVIDEND APPRECIATION	4,241	$932K	0.09%
82	CITCINTAS	4,950	$931K	0.09%
83	INTCINTEL	23,006	$849K	0.08%
84	DUKDUKE ENERGY	6,941	$814K	0.08%
85	UNHUNITEDHEALTH GROUP	2,440	$805K	0.07%
86	IJRISHARES S&P SMALLCAP 600 INDEX	6,586	$792K	0.07%
87	BRK-BBERKSHIRE HATHAWAY CL A	1	$755K	0.07%
88	VVISA CL A	2,102	$737K	0.07%
89	VWOVANGUARD FTSE EMERGING MARKETS	13,305	$715K	0.07%
90	PNCPNC FINANCIAL	3,267	$682K	0.06%
91	AZNASTRAZENECA ADR	7,411	$681K	0.06%
92	MBWMMERCANTILE BANK	13,977	$672K	0.06%
93	SPDWSPDR PORTFOLIO DEVELOPED WORLD	15,100	$671K	0.06%
94	BMYBRISTOL-MYERS SQUIBB	12,224	$659K	0.06%
95	ADPAUTOMATIC DATA PROCESSING	2,559	$658K	0.06%
96	TMOTHERMO FISHER SCIENTIFIC	1,128	$654K	0.06%
97	AMTAMERICAN TOWER	3,682	$646K	0.06%
98	NUENUCOR	3,900	$636K	0.06%
99	CNRCANADIAN NATIONAL RAILWAY	6,300	$623K	0.06%
100	SRESEMPRA ENERGY	6,677	$590K	0.05%

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