SEC 13F Intelligence

Managers / Q1 2023 · view latest →

LVM CAPITAL MANAGEMENT LTD/MI

CIK 0001053054 · 7840 MOORSBRIDGE ROAD, PORTAGE, MI, 49024 · 6163218120

Reported Value
$721M
Q1 2023
Positions
143
Filings on Record
30
2019–present window
Filed
Apr 17, 2023
original filing

Summary

Lvm Capital Management Ltd/Mi reported $721M in U.S.-listed holdings across 143 positions for Q1 2023.

Its largest position, AAPL, represents 9.7% of the portfolio.

Compared with Q4 2022, the fund opened 18 new positions and exited 11.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+42.8%
share of reported value
Largest Position
+9.7%
Apple
New / Exited
18 / 11
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q1 ’19: $436MQ1 ’19Q2 ’19: $439MQ3 ’19: $471MQ4 ’19: $507MQ1 ’20: $406MQ1 ’20Q2 ’20: $488MQ3 ’20: $516MQ4 ’20: $594MQ1 ’21: $616MQ1 ’21Q2 ’21: $655MQ3 ’21: $663MQ4 ’21: $750MQ1 ’22: $757MQ1 ’22Q2 ’22: $690MQ3 ’22: $653MQ4 ’22: $690MQ1 ’23: $721MQ1 ’23Q2 ’23: $748MQ3 ’23: $709MQ4 ’23: $781MQ1 ’24: $847MQ1 ’24Q2 ’24: $879MQ3 ’24: $879MQ4 ’24: $930MQ1 ’25: $898MQ1 ’25Q2 ’25: $964MQ3 ’25: $1.0BQ4 ’25: $1.1BQ1 ’26: $1.1BQ1 ’26Q2 ’26: $1.2Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 82.6%ETP: 9.0%Other: 4.6%REIT: 3.7%ADR: 0.1%
  • Common Stock · 82.6% · $595M
  • ETP · 9.0% · $65M
  • Other · 4.6% · $33M
  • REIT · 3.7% · $27M
  • ADR · 0.1% · $724,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NFLXNETFLIXNEW+2.5K2.5K+$861,000$861,000
ADBEADOBE SYSTEMSNEW+2.2K2.2K+$834,000$834,000
DEDEERENEW+2.0K2.0K+$815,000$815,000
MPCMARATHON PETROLEUMNEW+6.0K6.0K+$804,000$804,000
TROWT ROWE PRICENEW+7.0K7.0K+$790,000$790,000
MRNAMODERNANEW+4.9K4.9K+$759,000$759,000
PNWPINNACLE WEST CAPITALNEW+9.5K9.5K+$750,000$750,000
ECLECOLABNEW+4.5K4.5K+$747,000$747,000

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

Holdings — Q1 2023

141 positions (from 143 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLEhistory →COM9.67%$70M422.8K
2MSFTMICROSOFThistory →COM7.57%$55M189.3K
3BROADCOMCOM3.77%$27M42.4K
4PGPROCTER & GAMBLEhistory →COM3.72%$27M180.1K
5EXMOCEXXON MOBILhistory →COM3.56%$26M233.8K
6ABBVABBVIEhistory →COM3.48%$25M157.4K
7JNJJOHNSON & JOHNSONhistory →COM3.11%$22M144.5K
8CSCOCISCO SYSTEMShistory →COM2.79%$20M384.2K
9DGDOLLAR GENERALhistory →COM2.59%$19M88.8K
10HDHOME DEPOThistory →COM2.51%$18M61.3K
11MSMORGAN STANLEYhistory →COM2.41%$17M198.2K
12DGRWWISDOMTREE US DIV GROWTH ETFhistory →COM2.33%$17M269.2K
13GOOGLALPHABET CL ACOM2.17%$16M150.6K
14HSYHERSHEYhistory →COM2.01%$15M57.0K
15AMGNAMGENhistory →COM2.01%$14M59.9K
16KRKROGERhistory →COM1.83%$13M266.7K
17LLYELI LILLYhistory →COM1.78%$13M37.3K
18IDAIDACORPhistory →COM1.71%$12M113.5K
19AXPAMERICAN EXPRESShistory →COM1.70%$12M74.1K
20NOCNORTHROP GRUMMANhistory →COM1.69%$12M26.3K
21UPSUNITED PARCEL SERVICEhistory →COM1.65%$12M61.5K
22ICLRICONhistory →COM1.64%$12M55.3K
23LMTLOCKHEED MARTINhistory →COM1.52%$11M23.2K
24SYKSTRYKERhistory →COM1.51%$11M38.0K
25AMTAMERICAN TOWERhistory →COM1.49%$11M52.5K
26OREALTY INCOMEhistory →COM1.41%$10M160.1K
27IAUISHARES GOLD TRUST ETFhistory →COM1.40%$10M270.4K
28PFEPFIZERhistory →COM1.37%$10M242.7K
29VRTXVERTEX PHARMACEUTICALShistory →COM1.33%$10M30.5K
30CVXCHEVRONhistory →COM1.33%$10M58.6K
31SPYSPDR S&P 500 EQUITY ETFhistory →COM1.31%$9M23.1K
32AMATAPPLIED MATERIALShistory →COM1.08%$8M63.5K
33SBUXSTARBUCKShistory →COM1.05%$8M72.6K
34TAT&Thistory →COM1.00%$7M376.0K
35TDTORONTO-DOMINION BANKCOM0.99%$7M119.3K
36DLRDIGITAL REALTY TRUSTCOM0.82%$6M60.2K
37MDTMEDTRONICCOM0.81%$6M72.6K
38MOALTRIA GROUPCOM0.81%$6M130.3K
39PEPPEPSICOCOM0.71%$5M28.2K
40WMWASTE MANAGEMENTCOM0.71%$5M31.2K
41DISWALT DISNEYCOM0.70%$5M50.6K
42ISHARES CYBERSECURITY ETFCOM0.67%$5M133.1K
43DHSWISDOMTREE HIGH DIVIDEND ETFCOM0.59%$4M52.1K
44VZVERIZON COMMUNICATIONSCOM0.56%$4M103.4K
45XBISPDR S&P BIOTECH ETFCOM0.52%$4M49.3K
46DGRSWISDOMTREE US SMALLCAP DIV GROCOM0.50%$4M86.7K
47SYYSYSCOCOM0.49%$4M45.8K
48IXUSISHARES CORE INTERNATIONAL STOCOM0.49%$4M56.9K
49ACTIVISION BLIZZARDCOM0.49%$4M41.1K
50SPDR PORTFOLIO TOTAL STOCK MARCOM0.49%$4M69.4K
51ABTABBOTT LABSCOM0.42%$3M29.7K
52PMPHILIP MORRISCOM0.33%$2M24.8K
53KOCOCA-COLACOM0.26%$2M30.6K
54BRK/BBERKSHIRE HATHAWAY CL BCOM0.26%$2M4.6K
55NEENEXTERA ENERGYCOM0.26%$2M24.0K
56IBMINTERNATIONAL BUSINESS MACHINECOM0.24%$2M13.4K
57INTCINTELCOM0.23%$2M50.2K
58XLKTECHNOLOGY SECTOR SPDR ETFCOM0.21%$2M10.2K
59UNHUNITEDHEALTH GROUPCOM0.20%$1M3.0K
60MMM3MCOM0.19%$1M12.8K
61MRKMERCKCOM0.19%$1M12.5K
62JPMJPMORGAN CHASECOM0.17%$1M9.3K
63SCHDSCHWAB US DIVIDEND EQ ETFCOM0.16%$1M16.1K
64MCDMCDONALDSCOM0.14%$1M3.7K
65XLVSPDR HEALTH CARE SECTOR ETFCOM0.14%$1M7.8K
66BMYBRISTOL-MYERS SQUIBBCOM0.14%$1M14.5K
67TMOTHERMO FISHER SCIENTIFICCOM0.14%$988,0001.7K
68NFLXNETFLIXCOM0.12%$861,0002.5K
69CASYCASEYS GENERAL STORESCOM0.12%$842,0003.9K
70RTXRAYTHEON TECHNOLOGIESCOM0.12%$837,0008.5K
71ADBEADOBE SYSTEMSCOM0.12%$834,0002.2K
72NOBLPROSHARES S&P 500 DIVIDEND ARICOM0.11%$818,0009.0K
73CTASCINTASCOM0.11%$817,0001.8K
74DEDEERECOM0.11%$815,0002.0K
75MPCMARATHON PETROLEUMCOM0.11%$804,0006.0K
76TROWT ROWE PRICECOM0.11%$790,0007.0K
77ISHARES MSCI INTERNATIONAL QUACOM0.11%$777,00022.0K
78MRNAMODERNACOM0.11%$759,0004.9K
79PNWPINNACLE WEST CAPITALCOM0.10%$750,0009.5K
80ECLECOLABCOM0.10%$747,0004.5K
81CNICANADIAN NATIONAL RAILWAYCOM0.10%$743,0006.3K
82CMGCHIPOTLE MEXICAN GRILLCOM0.10%$738,000432
83GISGENERAL MILLSCOM0.10%$725,0008.5K
84GNRCGENERACCOM0.10%$703,0006.5K
85GLDSPDR GOLD TRUST ETFCOM0.10%$701,0003.8K
86SPROTT PHYSICAL GOLD TRUSTCOM0.09%$675,00043.7K
87TRVTRAVELERSCOM0.09%$623,0003.6K
88FISVFISERVCOM0.09%$613,0005.4K
89BF/BBROWN-FORMAN CL BCOM0.08%$572,0008.9K
90ORCLORACLECOM0.07%$538,0005.8K
91CLXCLOROXCOM0.07%$535,0003.4K
92AZNNASTRAZENECA ADRCOM0.07%$524,0007.5K
93CATCATERPILLARCOM0.07%$494,0002.2K
94SRESEMPRA ENERGYCOM0.07%$489,0003.2K
95PSXPHILLIPS 66COM0.07%$486,0004.8K
96PNCPNC FINANCIAL SERVICES GROUPCOM0.07%$485,0003.8K
97AMZNAMAZON.COMCOM0.07%$479,0004.6K
98VWOVANGUARD FTSE EMERGING MARKETSCOM0.06%$445,00011.0K
99SMHVANECK VECTORS SEMICONDUCTOR ECOM0.06%$445,0001.7K
100VVISA CL ACOM0.06%$443,0002.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$1.2B163Jul 9, 202613F-HRchanges · EDGAR ↗
Q1 2026$1.1B160Apr 2, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.1B161Jan 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.0B165Oct 9, 202513F-HRchanges · EDGAR ↗
Q2 2025$964M154Jul 2, 202513F-HRchanges · EDGAR ↗
Q1 2025$898M151Apr 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$930M155Jan 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$879M142Oct 3, 202413F-HRchanges · EDGAR ↗
Q2 2024$879M142Jul 16, 202413F-HRchanges · EDGAR ↗
Q1 2024$847M141Apr 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$781M147Jan 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$709M138Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$748M142Jul 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$721M143Apr 17, 202313F-HRchanges · EDGAR ↗
Q4 2022$690M136Jan 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$653M134Oct 5, 202213F-HRchanges · EDGAR ↗
Q2 2022$690M133Jul 14, 202213F-HRchanges · EDGAR ↗
Q1 2022$757M142Apr 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$750M134Jan 4, 202213F-HRchanges · EDGAR ↗
Q3 2021$663M132Oct 5, 202113F-HRchanges · EDGAR ↗
Q2 2021$655M132Jul 8, 202113F-HRchanges · EDGAR ↗
Q1 2021$616M130Apr 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$594M125Jan 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$516M109Oct 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$488M107Jul 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$406M103Apr 16, 202013F-HRchanges · EDGAR ↗
Q4 2019$507M118Jan 15, 202013F-HRchanges · EDGAR ↗
Q3 2019$471M116Oct 4, 201913F-HRchanges · EDGAR ↗
Q2 2019$439M110Jul 2, 201913F-HRchanges · EDGAR ↗
Q1 2019$436M110Apr 5, 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 ↗.