FPC INVESTMENT ADVISORY, INC. — 13F Holdings & Portfolio
CIK 2021217 · latest 13F-HR filed 2026-08-13
FPC INVESTMENT ADVISORY, INC. manages $211.9M in 13F-reported U.S. long-equity assets across 36 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SCHX (17.20%), ISTB (15.63%), BIV (14.20%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 4 new positions and exited 2; 11 existing positions rose in reported value and 9 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-08-13
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 85.6%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 9, 2026.
SUITE 170
PETALUMA, CA 94954
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| GOLKAR, BIJAN Control | PRESIDENT AND CHIEF COMPLIANCE OFFICER since Aug 2010 | 75% or more | Individual |
| Schalch, Tyler, Louis Control | CHIEF INVESTMENT OFFICER since Sep 2021 | 25–50% | Individual |
Ownership & leadership changes · 3 filings with changes since Dec 20, 2011
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- No longer listedMCCARTHY, BLAIR, MASON · PRESIDENT/CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Jan 1994
- ChangedGOLKAR, BIJAN · title CEO → PRESIDENT AND CHIEF COMPLIANCE OFFICER
- AddedSchalch, Tyler, Louis · CHIEF INVESTMENT OFFICER · 25–50% · control person
- ChangedGOLKAR, BIJAN · ownership 50–75% → 75% or more
- ChangedMCCARTHY, BLAIR, MASON · ownership 50–75% → Less than 5%
- No longer listedKEENE, SANDRA, BASEMAN · CHIEF COMPLIANCE OFFICER/CCO · 25–50% · listed since Apr 1999
- ChangedGOLKAR, BIJAN · title COO → CEO; ownership 5–10% → 50–75%; now a control person
- ChangedMCCARTHY, BLAIR, MASON · title PRESIDENT → PRESIDENT/CHIEF COMPLIANCE OFFICER; ownership 75% or more → 50–75%
- ListedGOLKAR, BIJAN · COO · 5–10%
- ListedKEENE, SANDRA, BASEMAN · CHIEF COMPLIANCE OFFICER/CCO · 25–50%
- ListedMCCARTHY, BLAIR, MASON · PRESIDENT · 75% or more · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- SCHWAB STRATEGIC TR$2.3M +6.8%
- VANGUARD BD INDEX FDS$1.9M +24.3%
- APPLE INC$1.9M +20.5%
- VANGUARD INTL EQUITY INDEX F$1.8M +7.4%
- SELECT SECTOR SPDR TR$735.3K +21.3%
Top Trims
- VANGUARD CHARLOTTE FDS-$1.8M -22.0%
- ISHARES TR-$620.3K -24.9%
- BROADCOM INC-$339.7K -16.4%
- ISHARES TR-$118.7K -19.8%
- SCHWAB STRATEGIC TR-$50.1K -15.9%
New Positions
- ISHARES TR$3.0M
- VANGUARD BD INDEX FDS$565.8K
- ADVANCED MICRO DEVICES INC$269.7K
- MERCK & CO INC$209.4K
FPC INVESTMENT ADVISORY, INC. Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | SCHX | 808524201 | $36.5M | 17.20% | 1,243,751 | SH |
| 2 | ISHARES TR | ISTB | 46432F859 | $33.1M | 15.63% | 688,511 | SH |
| 3 | VANGUARD BD INDEX FDS | BIV | 921937819 | $30.1M | 14.20% | 395,163 | SH |
| 4 | VANGUARD INTL EQUITY INDEX F | VGK | 922042874 | $26.1M | 12.33% | 294,912 | SH |
| 5 | APPLE INC | AAPL | 037833100 | $10.9M | 5.16% | 32,762 | SH |
| 6 | ISHARES TR | TLT | 464287432 | $10.7M | 5.07% | 127,051 | SH |
| 7 | VANGUARD BD INDEX FDS | BND | 921937835 | $9.6M | 4.51% | 131,165 | SH |
| 8 | VANGUARD WORLD FD | VGT | 92204A702 | $9.3M | 4.41% | 82,652 | SH |
| 9 | ISHARES INC | EWJ | 46434G822 | $8.7M | 4.09% | 95,871 | SH |
| 10 | VANGUARD CHARLOTTE FDS | BNDX | 92203J407 | $6.5M | 3.06% | 135,332 | SH |
| 11 | ISHARES TR | IEV | 464287861 | $6.0M | 2.84% | 82,675 | SH |
| 12 | SELECT SECTOR SPDR TR | XLV | 81369Y209 | $4.2M | 1.98% | 26,010 | SH |
| 13 | ALPHABET INC | GOOG | 02079K107 | $3.0M | 1.42% | 8,709 | SH |
| 14 | ISHARES TR | IAGG | 46435G672 | $3.0M | 1.40% | 59,388 | SH |
| 15 | NVIDIA CORPORATION | NVDA | 67066G104 | $2.8M | 1.33% | 13,896 | SH |
| 16 | ISHARES TR | AAXJ | 464288182 | $1.9M | 0.88% | 17,048 | SH |
| 17 | BROADCOM INC | AVGO | 11135F101 | $1.7M | 0.82% | 4,661 | SH |
| 18 | VANGUARD BD INDEX FDS | BLV | 921937793 | $1.6M | 0.78% | 24,333 | SH |
| 19 | ISHARES TR | IEFA | 46432F842 | $676.0K | 0.32% | 7,023 | SH |
| 20 | VANGUARD BD INDEX FDS | BSV | 921937827 | $565.8K | 0.27% | 7,283 | SH |
| 21 | MICROSOFT CORP | MSFT | 594918104 | $526.9K | 0.25% | 1,338 | SH |
| 22 | META PLATFORMS INC | META | 30303M102 | $486.4K | 0.23% | 753 | SH |
| 23 | ABBVIE INC | ABBV | 00287Y109 | $486.1K | 0.23% | 1,910 | SH |
| 24 | ISHARES TR | IYW | 464287721 | $479.2K | 0.23% | 2,003 | SH |
| 25 | AMAZON COM INC | AMZN | 023135106 | $407.2K | 0.19% | 1,647 | SH |
| 26 | CITIGROUP INC | C | 172967424 | $323.4K | 0.15% | 2,500 | SH |
| 27 | SCHWAB STRATEGIC TR | SCHB | 808524102 | $283.8K | 0.13% | 9,870 | SH |
| 28 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $269.7K | 0.13% | 544 | SH |
| 29 | SCHWAB STRATEGIC TR | SCHA | 808524607 | $264.3K | 0.12% | 7,761 | SH |
| 30 | VANGUARD INDEX FDS | VOE | 922908512 | $239.7K | 0.11% | 1,182 | SH |
| 31 | ALPHABET INC | GOOGL | 02079K305 | $237.9K | 0.11% | 686 | SH |
| 32 | FLAGSTAR BANK NATIONAL ASSOC | FLG | 649445400 | $233.9K | 0.11% | 15,700 | SH |
| 33 | BP PLC | BP | 055622104 | $213.7K | 0.10% | 5,100 | SH |
| 34 | MERCK & CO INC | MRK | 58933Y105 | $209.4K | 0.10% | 1,642 | SH |
| 35 | PATTERSON-UTI ENERGY INC | PTEN | 703481101 | $201.4K | 0.10% | 20,100 | SH |
| 36 | FATE THERAPEUTICS INC | FATE | 31189P102 | $73.5K | 0.03% | 26,456 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | $211.9M | 36 | 0001420506-26-001636 |
| 2026-03-31 | 2026-05-04 | $200.5M | 34 | 0001420506-26-000782 |
| 2025-12-31 | 2026-02-10 | $182.5M | 34 | 0001420506-26-000235 |
SUITE 170
PETALUMA, CA 94954