Koenig Investment Advisory, LLC — 13F Holdings & Portfolio
CIK 2114481 · latest 13F-HR filed 2026-10-09
Koenig Investment Advisory, LLC manages $136.6M in 13F-reported U.S. long-equity assets across 38 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are FLV (15.29%), USMV (10.56%), VO (9.37%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 1 new position and exited 0; 12 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 2026-10-09
vs 2026-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 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
Q2 26 → Q3 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
4 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 = 81.1%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Feb 2, 2026.
ASHLAND, OR 97520
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| MCCULLOUGH, JEFFREY, L Control | PRINCIPAL; INVESTMENT ADVISOR REPRESENTATIVE since Oct 2020 | 75% or more | Individual |
| MILLER, LORRIE ANNE | INVESTMENT ADVISOR REPRESENTATIVE; CHIEF COMPLIANCE OFFICER since Nov 2020 | Less than 5% | Individual |
Ownership & leadership changes · 1 filing with changes since Oct 21, 2020
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.
- ChangedMCCULLOUGH, JEFFREY, L · title PRINCIPAL → PRINCIPAL; INVESTMENT ADVISOR REPRESENTATIVE
- ChangedMILLER, LORRIE ANNE · title CHIEF COMPLIANCE OFFICER → INVESTMENT ADVISOR REPRESENTATIVE; CHIEF COMPLIANCE OFFICER
- ListedMCCULLOUGH, JEFFREY, L · PRINCIPAL · 75% or more · control person
- ListedMILLER, LORRIE ANNE · CHIEF COMPLIANCE OFFICER · Less than 5%
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)
- MICROSOFT CORP COM$2.4M +32.6%
- AMERICAN CENTURY FOCUSED LARGE CAP VALUE ETF$2.2M +11.8%
- PIMCO ENHANCED SHORT MATURITY ACTIVE ETF$1.7M +17.4%
- VANGUARD HIGH DIVIDEND YIELD INDEX ETF$917.5K +157.5%
- ISHARES MSCI INTL QUALITY FACTOR ETF$658.6K +6.2%
Top Trims
- TREKOR METALS LTD COM-$1.1M -72.7%
- INTERNATIONAL BUSINESS MACHS COM-$686.5K -23.5%
- BOEING CO COM-$417.6K -46.4%
- ALTRIA GROUP INC COM-$65.2K -6.4%
- ENTERPRISE PRODS PARTNERS L P COM-$60.2K -7.4%
Koenig Investment Advisory, LLC Holdings (2026-09-30)
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 | AMERICAN CENTURY FOCUSED LARGE CAP VALUE ETF | FLV | 025072794 | $20.9M | 15.29% | 253,474 | SH |
| 2 | ISHARES MSCI USA MIN VOL FACTOR ETF | USMV | 46429B697 | $14.4M | 10.56% | 148,040 | SH |
| 3 | VANGUARD MORNINGSTAR MID-CAP ETF | VO | 922908629 | $12.8M | 9.37% | 163,196 | SH |
| 4 | PIMCO ENHANCED SHORT MATURITY ACTIVE ETF | MINT | 72201R833 | $11.3M | 8.26% | 112,206 | SH |
| 5 | ISHARES MSCI INTL QUALITY FACTOR ETF | IQLT | 46434V456 | $11.3M | 8.25% | 227,841 | SH |
| 6 | ISHARES CORE U.S. AGGREGATE BOND ETF | AGG | 464287226 | $10.7M | 7.85% | 113,444 | SH |
| 7 | MICROSOFT CORP COM | MSFT | 594918104 | $9.9M | 7.28% | 19,386 | SH |
| 8 | STATE STREET SPDR S&P DIVIDEND ETF | SDY | 78464A763 | $8.4M | 6.18% | 57,642 | SH |
| 9 | VANGUARD S&P 500 ETF | VOO | 922908363 | $7.5M | 5.52% | 10,759 | SH |
| 10 | METLIFE INC COM | MET | 59156R108 | $3.4M | 2.51% | 36,434 | SH |
| 11 | ABBVIE INC COM | ABBV | 00287Y109 | $3.2M | 2.32% | 12,112 | SH |
| 12 | INTERNATIONAL BUSINESS MACHS COM | IBM | 459200101 | $2.2M | 1.64% | 10,154 | SH |
| 13 | DIMENSIONAL INTERNATIONAL SMALL CAP VALUE ETF | DISV | 25434V781 | $2.1M | 1.55% | 48,833 | SH |
| 14 | AMERICAN CENTURY FOCUSED DYNAMIC GROWTH ETF | FDG | 025072810 | $2.1M | 1.53% | 15,545 | SH |
| 15 | INVESCO QQQ TRUST SERIES I | QQQ | 46090E103 | $1.8M | 1.29% | 2,381 | SH |
| 16 | VANGUARD HIGH DIVIDEND YIELD INDEX ETF | VYM | 921946406 | $1.5M | 1.10% | 9,666 | SH |
| 17 | APPLE INC COM | AAPL | 037833100 | $1.5M | 1.09% | 4,463 | SH |
| 18 | DIMENSIONAL INTERNATIONAL VALUE ETF | DFIV | 25434V807 | $1.2M | 0.88% | 21,621 | SH |
| 19 | VERIZON COMMUNICATIONS INC COM | VZ | 92343V104 | $1.1M | 0.83% | 24,569 | SH |
| 20 | COSTCO WHOLESALE CORPORATION COM | COST | 22160K105 | $1.0M | 0.74% | 1,113 | SH |
| 21 | ALTRIA GROUP INC COM | MO | 02209S103 | $952.7K | 0.70% | 14,148 | SH |
| 22 | VANGUARD MORNINGSTAR GROWTH ETF | VUG | 922908736 | $797.9K | 0.58% | 8,855 | SH |
| 23 | ENTERPRISE PRODS PARTNERS L P COM | EPD | 293792107 | $755.6K | 0.55% | 21,218 | SH |
| 24 | VANGUARD MORNINGSTAR SMALL-CAP VALUE ETF | VBR | 922908611 | $753.7K | 0.55% | 3,262 | SH |
| 25 | PIMCO ENHANCED SHORT MATURITY ACTIVE ESG EXCHANGE-TRADED FUND | EMNT | 72201R643 | $551.1K | 0.40% | 5,590 | SH |
| 26 | BOEING CO COM | BA | 097023105 | $482.3K | 0.35% | 2,592 | SH |
| 27 | BANK OF AMER CORP COM | BAC | 060505104 | $422.3K | 0.31% | 7,759 | SH |
| 28 | TREKOR METALS LTD COM | TGB | 89472Y107 | $405.1K | 0.30% | 45,468 | SH |
| 29 | AMAZON COM INC COM | AMZN | 023135106 | $361.8K | 0.26% | 1,452 | SH |
| 30 | VANGUARD EXTENDED MARKET ETF | VXF | 922908652 | $355.5K | 0.26% | 1,535 | SH |
| 31 | NVIDIA CORPORATION COM | NVDA | 67066G104 | $336.1K | 0.25% | 1,472 | SH |
| 32 | WELLS FARGO & CO COM | WFC | 949746101 | $330.6K | 0.24% | 4,130 | SH |
| 33 | AT&T INC COM | T | 00206R102 | $312.3K | 0.23% | 12,799 | SH |
| 34 | ISHARES ESG MSCI KLD 400 ETF | DSI | 464288570 | $300.1K | 0.22% | 2,053 | SH |
| 35 | BERKSHIRE HATHAWAY INC DEL CL B NEW | BRK.B | 084670702 | $290.3K | 0.21% | 583 | SH |
| 36 | VANGUARD INFORMATION TECHNOLOGY ETF | VGT | 92204A702 | $286.4K | 0.21% | 2,279 | SH |
| 37 | ALPHABET INC CAP STK CL A | GOOGL | 02079K305 | $236.1K | 0.17% | 686 | SH |
| 38 | ENBRIDGE INC COM | ENB | 29250N105 | $209.2K | 0.15% | 4,500 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-09 | $136.6M | 38 | 0002114481-26-000005 |
| 2026-06-30 | 2026-07-16 | $128.7M | 37 | 0002114481-26-000003 |
| 2026-03-31 | 2026-04-16 | $117.7M | 36 | 0002114481-26-000002 |
| 2025-12-31 | 2026-03-03 | $123.3M | 37 | 0002114481-26-000001 |
ASHLAND, OR 97520