SEC 13F Intelligence

Managers / Q2 2020 · view latest →

SCHMIDT P J INVESTMENT MANAGEMENT INC

CIK 0001008895 · W62 N 570 WASHINGTON AVE, PO BOX 148, CEDARBURG, WI, 53012 · 2623770484

Reported Value
$334M
Q2 2020
Positions
118
Filings on Record
30
2019–present window
Filed
Jul 29, 2020
original filing

Summary

Schmidt P J Investment Management Inc reported $334M in U.S.-listed holdings across 118 positions for Q2 2020.

Its largest position, Schneider National, represents 9.9% of the portfolio.

Compared with Q1 2020, the fund opened 9 new positions and exited 12.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+41.3%
share of reported value
Largest Position
+9.9%
Schneider National
New / Exited
9 / 12
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $305MQ4 ’18Q1 ’19: $342MQ2 ’19: $346MQ3 ’19: $352MQ4 ’19: $374MQ4 ’19Q1 ’20: $288MQ2 ’20: $334MQ3 ’20: $411MQ4 ’20: $443MQ4 ’20Q1 ’21: $479MQ2 ’21: $501MQ3 ’21: $509MQ4 ’21: $501MQ4 ’21Q1 ’22: $451MQ2 ’22: $458MQ3 ’22: $416MQ4 ’22: $441MQ4 ’22Q1 ’23: $479MQ2 ’23: $503MQ3 ’23: $467MQ4 ’23: $505MQ4 ’23Q1 ’24: $530MQ2 ’24: $547MQ3 ’24: $579MQ4 ’24: $577MQ4 ’24Q1 ’25: $546MQ2 ’25: $578MQ3 ’25: $605MQ4 ’25: $615MQ4 ’25Q1 ’26: $595Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 55.3%Other: 42.2%ETP: 2.1%ADR: 0.3%MLP: 0.1%
  • Common Stock · 55.3% · $184M
  • Other · 42.2% · $141M
  • ETP · 2.1% · $7M
  • ADR · 0.3% · $1M
  • MLP · 0.1% · $343,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WMTWal-Mart Stores IncNEW+23.7K23.7K+$3M$3M
Raytheon Technologies CorpNEW+10.1K10.1K+$621,000$621,000
Vanguard Div Apprec ETFNEW+3.6K3.6K+$420,000$420,000
Alibaba Group Holding Ltd Sp ANEW+1.9K1.9K+$413,000$413,000
iShares USA Quality FctrNEW+4.3K4.3K+$411,000$411,000
GWWGrainger W W IncNEW+750750+$236,000$236,000
Tesla IncNEW+210210+$227,000$227,000
Select Sector SPDR HealthcareNEW+2.2K2.2K+$223,000$223,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2020

50 positions
#IssuerClass% PortfolioValueShares
1Schneider National Inc Cl BCOM9.86%$33M1.33M
2MSFTMicrosoft Corphistory →COM6.65%$22M108.9K
3AAPLApple Inchistory →COM6.21%$21M56.8K
4AMZNAmazon.com Inchistory →COM3.47%$12M4.2K
5Visa Inc Cl ACOM2.78%$9M48.0K
6UnitedHealth Group IncCOM2.54%$8M28.8K
7ABTAbbott Laboratorieshistory →COM2.50%$8M91.4K
8PGProcter And Gamble Cohistory →COM2.49%$8M69.4K
9Alphabet Inc Cap Stock Cl CCOM2.41%$8M5.7K
10Nextera Energy IncCOM2.36%$8M32.7K
11PEPPepsiCo Inchistory →COM2.36%$8M59.4K
12MCDMcDonalds Corphistory →COM2.14%$7M38.7K
13BlackRock IncCOM1.92%$6M11.7K
14Verizon Communications IncCOM1.86%$6M112.5K
15JNJJohnson & Johnsonhistory →COM1.86%$6M44.1K
16UNPUnion Pacific Corphistory →COM1.84%$6M36.4K
17DISDisney Walt Co Disneyhistory →COM1.79%$6M53.7K
18HONGBPHoneywell Intl Inchistory →COM1.64%$5M37.9K
19HDHome Depot Inchistory →COM1.58%$5M21.0K
20LLYLilly Eli & Cohistory →COM1.50%$5M30.4K
21BRK/BBerkshire Hathaway Inc Cl Bhistory →COM1.47%$5M27.4K
22NKENike Inc Cl Bhistory →COM1.45%$5M49.2K
23MDLZMondelez Intl Inc Cl Ahistory →COM1.30%$4M85.1K
24iShares Core S&P 500 ETFCOM1.29%$4M13.9K
25PNCPNC Financial Services Group Ihistory →COM1.28%$4M40.7K
26ADPAutomatic Data Processing Inchistory →COM1.27%$4M28.5K
27Invesco Qqq Tr Unit Ser 1COM1.27%$4M17.1K
28INTCIntel Corphistory →COM1.27%$4M70.7K
29Merck & Co IncCOM1.25%$4M53.9K
30American Tower CorpCOM1.19%$4M15.3K
31Comcast Corp Cl ACOM1.16%$4M99.0K
32JPMorgan Chase & CoCOM1.11%$4M39.5K
33ITWIllinois Tool Works Inchistory →COM1.07%$4M20.4K
34AbbVie IncCOM1.06%$4M36.0K
35CLXClorox CoCOM0.99%$3M15.0K
36ADIAnalog Devices IncCOM0.95%$3M25.7K
37BDXBecton Dickinson & CoCOM0.93%$3M12.9K
38Cisco Systems IncCOM0.92%$3M65.9K
39MasterCard Incorporated Cl ACOM0.88%$3M9.9K
40WMTWal-Mart Stores IncCOM0.85%$3M23.7K
41ALSAllstate CorpCOM0.77%$3M26.5K
42Salesforce.com IncCOM0.76%$3M13.6K
43Dominion Resources Inc VA NewCOM0.76%$3M31.0K
44SYKStryker CorpCOM0.71%$2M13.1K
45LMTLockheed Martin CorpCOM0.59%$2M5.4K
46Crown Castle Intl CorpCOM0.58%$2M11.6K
47Duke Energy CorpCOM0.54%$2M22.5K
48Paypal Holdings IncCOM0.47%$2M8.9K
49Intercontinental Exchange IncCOM0.44%$1M16.0K
50iShares Min Vol USA ETFCOM0.43%$1M23.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$595M212Apr 29, 202613F-HRchanges · EDGAR ↗
Q4 2025$615M194Jan 28, 202613F-HRchanges · EDGAR ↗
Q3 2025$605M199Oct 27, 202513F-HRchanges · EDGAR ↗
Q2 2025$578M187Aug 1, 202513F-HRchanges · EDGAR ↗
Q1 2025$546M184May 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$577M184Jan 27, 202513F-HRchanges · EDGAR ↗
Q3 2024$579M188Oct 23, 202413F-HRchanges · EDGAR ↗
Q2 2024$547M182Jul 29, 202413F-HRchanges · EDGAR ↗
Q1 2024$530M180Apr 26, 202413F-HRchanges · EDGAR ↗
Q4 2023$505M170Jan 29, 202413F-HRchanges · EDGAR ↗
Q3 2023$467M167Oct 20, 202313F-HRchanges · EDGAR ↗
Q2 2023$503M170Jul 26, 202313F-HRchanges · EDGAR ↗
Q1 2023$479M170Apr 28, 202313F-HRchanges · EDGAR ↗
Q4 2022$441M172Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$416M168Oct 24, 202213F-HRchanges · EDGAR ↗
Q2 2022$458M172Aug 24, 202213F-HRchanges · EDGAR ↗
Q1 2022$451M169May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$501M173Feb 1, 202213F-HRchanges · EDGAR ↗
Q3 2021$509M172Oct 27, 202113F-HRchanges · EDGAR ↗
Q2 2021$501M174Jul 26, 202113F-HRchanges · EDGAR ↗
Q1 2021$479M172Apr 30, 202113F-HRchanges · EDGAR ↗
Q4 2020$443M156Feb 1, 202113F-HRchanges · EDGAR ↗
Q3 2020$411M149Oct 28, 202013F-HRchanges · EDGAR ↗
Q2 2020$334M118Jul 29, 202013F-HRchanges · EDGAR ↗
Q1 2020$288M119Apr 20, 202013F-HRchanges · EDGAR ↗
Q4 2019$374M134Jan 24, 202013F-HRchanges · EDGAR ↗
Q3 2019$352M132Oct 23, 201913F-HRchanges · EDGAR ↗
Q2 2019$346M133Jul 25, 201913F-HRchanges · EDGAR ↗
Q1 2019$342M132Apr 25, 201913F-HRchanges · EDGAR ↗
Q4 2018$305M130Feb 4, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.