KLCM Advisors portfolio
Type not verifiedPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 6, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
KLCM Advisors reported a $1.2 bn portfolio of 282 companies (283 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are NVDA, AAPL, ATI. During the quarter it opened Dollar General and Southwest Airlines.
Sections with a free account
What changed this quarter
151 positions with a change (33 new, 52 added to, 60 trimmed, 6 sold); also, 1 exited through an acquisition or merger, 1 entered through a spin-off. 11 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- NVIDIA−5.2%fewer sharesReduced22.8% → 22.8%
- Meta Platforms−72%fewer sharesReduced1.8% → 0.5%
- Kimberly Clark+276%more sharesIncreased0.4% → 1.4%
- Broadcom−85%fewer sharesReduced1.1% → 0.2%
- Target−94%fewer sharesReduced1.0% → 0.1%
- ATI−21%fewer sharesReduced3.3% → 3.3%
- Dollar General+0.9 ppof portfolioNew— → 0.9%
- Nike+169%more sharesIncreased0.7% → 1.3%
- Southwest Airlines+0.8 ppof portfolioNew— → 0.8%
- Conagra Brands−97%fewer sharesReduced1.0% → under 0.1%
- Halliburton−40%fewer sharesReduced1.7% → 0.8%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- NVIDIANVDA22.8%
- AppleAAPL6.4%
- ATIATI3.3%
- CitigroupC2.7%
- BoeingBA2.6%
- ManpowergroupMAN2.3%
- Builders FirstsourceBLDR2.1%
- MarcusMCS1.9%
- United Parcel ServiceUPS1.8%
- QualcommQCOM1.7%
- State Str Spdr S&P 500 ETF TSPY1.7%
- International Flavors & FragrancesIFF1.6%
- Gates Industrial1.6%
- Wells FargoWFC1.5%
- Kimberly ClarkKMB1.4%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Information Technology 36%
- ● Industrials 18%
- ● Financials 11%
- ● No sector 10%
- ● Materials 5%
- ● Communication Services 5%
- ● Consumer Staples 4%
- ● Health Care 4%
- ● Energy 4%
- ● Consumer Discretionary 3%
- ● Utilities 1%
How its portfolio changed (8 quarters)
Q2 2026: 283
Q2 2026: 48%
Q2 2026: 7.7%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Declared options (16)
Besides stocks, KLCM Advisors declared 4 puts (they gain if the stock falls) and 12 calls (they gain if it rises) with a notional of $21.9M. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.
- PUTNVIDIANVDA$5.0M
- CALLBuilders FirstsourceBLDR$4.3M
- CALLManpowergroupMAN$2.7M
- CALLGoodyear Tire & RubberGT$2.5M
- CALLNVIDIANVDAnew this quarter$2.3M
- CALLNetflixNFLX$1.6M
- CALLPatterson-UTI EnergyPTEN$689K
- CALLDOW HoldingsDOW$684K
- CALLConagra BrandsCAG$606K
- CALLCloroxCLXnew this quarter$477K
- PUTATIATI$355K
- CALLPoet TechnologiesPOET$257K
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Type not verified: we have not assigned a type because we found no document that is enough to tell. Most 13F filers are in this situation: we only review in depth those that meet the portfolio criteria.
Not counted as a concentrated manager: its portfolio is not within 5 to 100 positions. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
- Advent Capital ManagementInvestment firm · $1.2 bn
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- Baskin Financial Services$1.2 bn
- Wilkinson Global Asset Management$1.3 bn
- 140 Summer PartnersInvestment firm · $1.2 bn
- Tweedy, BrowneInvestment firm · $1.2 bn