SEC 13F Intelligence

Managers / Q2 2025 · view latest →

D L CARLSON INVESTMENT GROUP INC

CIK 0001021117 · 2 CAPITAL PLAZA, SUITE 404, CONCORD, NH, 03301-4334 · 603-224-5977

Reported Value
$549M
Q2 2025
Positions
130
Filings on Record
30
2019–present window
Filed
Aug 13, 2025
original filing

Summary

D L Carlson Investment Group Inc reported $549M in U.S.-listed holdings across 130 positions for Q2 2025.

Its largest position, Schwab Strategic Tr, represents 11.4% of the portfolio.

Compared with Q1 2025, the fund opened 7 new positions and exited 13.

Portfolio Metrics

Turnover
+10.7%
vs prior filed quarter
Top-10 Concentration
+43.5%
share of reported value
Largest Position
+11.4%
Schwab Strategic Tr
New / Exited
7 / 13
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: $301MQ4 ’18Q1 ’19: $342MQ2 ’19: $324MQ3 ’19: $319MQ4 ’19: $345MQ4 ’19Q1 ’20: $265MQ2 ’20: $335MQ3 ’20: $472MQ4 ’20: $551MQ4 ’20Q1 ’21: $548MQ2 ’21: $578MQ3 ’21: $575MQ4 ’21: $626MQ4 ’21Q1 ’22: $602MQ2 ’22: $474MQ3 ’22: $460MQ1 ’23: $440,769Q1 ’23Q3 ’23: $496MQ4 ’23: $491MQ1 ’24: $512MQ2 ’24: $518MQ2 ’24Q3 ’24: $552MQ4 ’24: $561MQ1 ’25: $520MQ2 ’25: $549MQ2 ’25Q3 ’25: $596MQ4 ’25: $593MQ1 ’26: $582Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 57.2%ETP: 40.1%REIT: 1.2%ADR: 0.9%Other: 0.5%
  • Common Stock · 57.2% · $314M
  • ETP · 40.1% · $220M
  • REIT · 1.2% · $7M
  • ADR · 0.9% · $5M
  • Other · 0.5% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AVGOBROADCOM INCNEW+22.0K22.0K+$6M$6M
QXOQXO INCNEW+164.3K164.3K+$4M$4M
VICTORY PORTFOLIOS IINEW+60.4K60.4K+$2M$2M
ISHARES TRNEW+18.8K18.8K+$2M$2M
REGREGENCY CTRS CORPNEW+27.4K27.4K+$2M$2M
IDXXIDEXX LABS INCNEW+3.2K3.2K+$2M$2M
PBFPBF ENERGY INCNEW+52.9K52.9K+$1M$1M
AB ACTIVE ETFS INCADDED+66.3K80.9K+$3M$3M

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

Holdings — Q2 2025

44 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRINTRM GOV CR ETF · ISHS 1-5YR INVS · ISHS 5-10YR INVT · NATIONAL MUN ETF · CORE US AGGBD ET15.36%$84M1.05M
2SCHWAB STRATEGIC TRUS BRD MKT ETF11.37%$62M2.62M
3MSFTMICROSOFT CORPhistory →COM4.51%$25M49.8K
4AAPLAPPLE INChistory →COM3.37%$19M90.2K
5NVDANVIDIA CORPORATIONhistory →COM3.33%$18M115.6K
6AMERICAN CENTY ETF TRINTL EQT ETF · AVANTIS EMGMKT3.25%$18M245.8K
7GOOGLALPHABET INChistory →CAP STK CL A2.91%$16M90.6K
8AMZNAMAZON COM INChistory →COM2.89%$16M72.2K
9XLESELECT SECTOR SPDR TRENERGY · TECHNOLOGY1.97%$11M100.0K
10METAMETA PLATFORMS INChistory →CL A1.89%$10M14.1K
11JPMJPMORGAN CHASE & CO.history →COM1.88%$10M35.6K
12RTXRTX CORPORATIONhistory →COM1.48%$8M55.6K
13ISRGINTUITIVE SURGICAL INChistory →COM NEW1.38%$8M14.0K
14KTOSKRATOS DEFENSE & SEC SOLUTIOhistory →COM NEW1.37%$8M162.0K
15GEVGE VERNOVA INChistory →COM1.30%$7M13.5K
16HPEHEWLETT PACKARD ENTERPRISE Chistory →COM1.18%$6M317.8K
17BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.15%$6M13.0K
18AVGOBROADCOM INChistory →COM1.11%$6M22.0K
19TXNTEXAS INSTRS INChistory →COM1.10%$6M29.2K
20FISVFISERV INChistory →COM1.06%$6M33.6K
21PGPROCTER AND GAMBLE COhistory →COM1.00%$5M34.5K
22IAU*ISHARES GOLD TRISHARES NEW1.00%$5M87.6K
23NFLXNETFLIX INCCOM0.98%$5M4.0K
24WINGWINGSTOP INCCOM0.92%$5M15.0K
25BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.91%$5M43.9K
26JNJJOHNSON & JOHNSONCOM0.89%$5M31.9K
27WELLWELLTOWER INCCOM0.86%$5M30.7K
28PWRQUANTA SVCS INCCOM0.79%$4M11.4K
29CRMSALESFORCE INCCOM0.78%$4M15.6K
30GE AEROSPACECOM NEW0.78%$4M16.5K
31SYKSTRYKER CORPORATIONCOM0.72%$4M9.9K
32TWTRADEWEB MKTS INCCL A0.71%$4M26.5K
33EXMOCEXXON MOBIL CORPCOM0.71%$4M36.0K
34HDHOME DEPOT INCCOM0.69%$4M10.4K
35SCHWSCHWAB CHARLES CORPCOM0.67%$4M40.4K
36BNYBANK NEW YORK MELLON CORPCOM0.67%$4M40.2K
37CTSHCOGNIZANT TECHNOLOGY SOLUTIOCL A0.65%$4M45.9K
38ACIALBERTSONS COS INCCOMMON STOCK0.65%$4M165.6K
39HONGBPHONEYWELL INTL INCCOM0.65%$4M15.2K
40QXOQXO INCCOM NEW0.65%$4M164.3K
41WFCWELLS FARGO CO NEWCOM0.64%$4M44.1K
42AB ACTIVE ETFS INCINTL LOW VOLATLT0.61%$3M80.9K
43BXBLACKSTONE INCCOM0.58%$3M21.3K
44POSTPOST HLDGS INCCOM0.58%$3M29.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$582M135May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$593M135Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$596M138Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$549M130Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$520M136May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$561M147Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$552M145Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$518M137Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$512M139May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$491M137Feb 16, 202413F-HRchanges · EDGAR ↗
Q3 2023$496M133Nov 2, 202313F-HRchanges · EDGAR ↗
Q2 2023Under review135Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023$440,769135May 17, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review128Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$460M126Nov 18, 202213F-HRchanges · EDGAR ↗
Q2 2022$474M135Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$602M147May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$626M146Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$575M144Nov 5, 202113F-HRchanges · EDGAR ↗
Q2 2021$578M147Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$548M143May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$551M138Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$472M137Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$335M134Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$265M144May 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$345M150Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$319M148Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$324M151Aug 19, 201913F-HRchanges · EDGAR ↗
Q1 2019$342M146May 2, 201913F-HRchanges · EDGAR ↗
Q4 2018$301M145Feb 12, 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 ↗.