Ellenbecker Investment Group

CIK

1731497

Location

WAUKESHA, WI

Portfolio Value

Micro $79,724,059

Diversification

Diversified

Filing Date

Global Rank

#6,120 / 8,603 ▲ 216 · as of Mar 2026

Top Industry

Consumer Electronics 13.4%

3Y Alpha vs SPY

-4.9%

Period ended 3 months ago

Filed Apr 23, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+55.5%

SPY

+76.5%

Annualised alpha

-5.0%

Max drawdown

−15.8%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

79 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

12.0%

−1.6 pts

Top 5

35.2%

−4.0 pts

Top 10

52.3%

−1.2 pts

HHI

396

Diversified−53

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	26.1%	$20,833,119	12
Industrials	16.2%	$12,884,914	11
Consumer Defensive	13.9%	$11,045,759	9
Unclassified	10.4%	$8,315,932	4
Healthcare	7.5%	$6,005,088	8
Consumer Cyclical	6.3%	$5,045,147	6
Financial Services	6.1%	$4,891,702	9
Utilities	5.6%	$4,471,523	7
Energy	3.5%	$2,759,869	5
Communication Services	3.4%	$2,680,204	5
Basic Materials	0.7%	$556,274	2
Real Estate	0.3%	$234,528	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
FAST	Fastenal Co	+76,401	89,698	$4,161,987
MTG	Mgic Investment Corp	+9,704	29,310	$769,387
LNT	Alliant Energy Corp	+1,946	10,710	$768,549
FIS	Fidelity National Information Services, Inc.	+1,072	5,108	$239,616
PEP	Pepsico Inc	+790	6,383	$991,216
MDLZ	Mondelez International, Inc.	+767	5,955	$343,246
NVDA	Nvidia Corp	+644	21,254	$3,706,697
MRK	Merck & Co., Inc.	+561	7,514	$903,859
MGEE	Mge Energy Inc	+393	3,048	$235,579
APG	APi Group Corp	+306	8,441	$342,029
ABBV	AbbVie Inc.	+279	5,888	$1,280,581
KMI	Kinder Morgan, Inc.	+265	15,652	$524,811
ADI	Analog Devices Inc	+258	1,219	$387,812
PG	PROCTER & GAMBLE Co	+250	2,654	$383,343
V	Visa Inc.	+247	2,385	$720,842
ET	Energy Transfer LP	+245	14,731	$284,308
GOOGL	Alphabet Inc.	+196	3,433	$987,193
ORCL	Oracle Corp	+185	3,275	$481,785
RTX	RTX Corp	+168	2,569	$495,560
WEC	Wec Energy Group, Inc.	+168	21,492	$2,488,128
MSFT	Microsoft Corp	+167	11,065	$4,095,931
LOW	Lowes Companies Inc	+165	1,232	$291,096
AVGO	Broadcom Inc.	+157	2,363	$731,372
CVX	Chevron Corp	+149	3,681	$761,598
HON	Honeywell International Inc	+116	5,603	$1,328,207
No positions match the current search.

Trimmed

Positions the filer reduced

19 positions

Ticker	Company	Δ Shares	Shares	Value
MO	Altria Group, Inc.	−1,455	31,515	$2,079,674
PM	Philip Morris International Inc.	−1,109	21,787	$3,602,262
AAPL	Apple Inc.	−1,005	37,671	$9,560,523
NFLX	Netflix Inc	−957	3,219	$309,506
T	At&T Inc.	−645	18,123	$525,385
CAT	Caterpillar Inc	−462	5,030	$3,563,553
ABT	Abbott Laboratories	−430	4,973	$510,577
PFE	Pfizer Inc	−384	10,562	$296,580
FISV	Fiserv Inc	−316	16,988	$947,930
META	Meta Platforms, Inc.	−171	1,058	$605,313
IBM	International Business Machines Corp	−161	3,014	$730,563
WMT	Walmart Inc.	−161	14,314	$1,778,943
SPY	Spdr S&P 500 ETF Trust	−154	10,110	$6,574,937
ETN	Eaton Corp plc	−97	2,714	$970,716
AMZN	Amazon Com Inc	−78	8,787	$1,830,068
USB	US Bancorp De	−62	5,829	$303,166
LLY	ELI LILLY & Co	−31	748	$687,987
UNP	Union Pacific Corp	−16	1,260	$305,701
MA	Mastercard Inc	−9	406	$202,861
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
VZ	Verizon Communications Inc	5,036	$252,807
COP	Conocophillips	1,736	$229,152
DUK	Duke Energy CORP	1,678	$219,717
SLV	iShares Silver Trust	3,158	$215,186
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
IBIT	iShares Bitcoin Trust ETF	4,593	$228,042
NOW	ServiceNow, Inc.	1,365	$209,104
DIS	Walt Disney Co	1,763	$200,576
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

79 positions · $79,724,059 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 79 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	37,671	-1,005	$9,560,523	−9.1%	11.99%
SPY	Spdr S&P 500 ETF Trust	Reduced	10,110	-154	$6,574,937	−6.1%	8.25%
FAST	Fastenal Co Industrials	Added	89,698	+76,401	$4,161,987	+680.0%	5.22%
MSFT	Microsoft Corp Technology	Added	11,065	+167	$4,095,931	−22.3%	5.14%
NVDA	Nvidia Corp Technology	Added	21,254	+644	$3,706,697	−3.6%	4.65%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	21,787	-1,109	$3,602,262	−1.9%	4.52%
CAT	Caterpillar Inc Industrials	Reduced	5,030	-462	$3,563,553	+13.3%	4.47%
WEC	Wec Energy Group, Inc. Utilities	Added	21,492	+168	$2,488,128	+10.6%	3.12%
MO	Altria Group, Inc. Consumer Defensive	Reduced	31,515	-1,455	$2,079,674	+9.4%	2.61%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	8,787	-78	$1,830,068	−10.6%	2.30%
WMT	Walmart Inc. Consumer Defensive	Reduced	14,314	-161	$1,778,943	+10.3%	2.23%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	3,126	0	$1,497,979	−4.7%	1.88%
HON	Honeywell International Inc Industrials	Added	5,603	+116	$1,328,207	+18.3%	1.67%
ABBV	AbbVie Inc. Healthcare	Added	5,888	+279	$1,280,581	−0.1%	1.61%
JNJ	Johnson & Johnson Healthcare	Added	4,438	+116	$1,084,824	+21.3%	1.36%
TSLA	Tesla, Inc. Consumer Cyclical	Added	2,917	+11	$1,084,394	−17.0%	1.36%
UNH	Unitedhealth Group Inc Healthcare	Added	3,749	+46	$1,014,441	−17.0%	1.27%
PEP	Pepsico Inc Consumer Defensive	Added	6,383	+790	$991,216	+23.5%	1.24%
GOOGL	Alphabet Inc. Communication Services	Added	3,433	+196	$987,193	−2.6%	1.24%
ETN	Eaton Corp plc Industrials	Reduced	2,714	-97	$970,716	+8.4%	1.22%
EPD	Enterprise Products Partners L.P. Energy	Added	25,370	+51	$960,000	+18.3%	1.20%
FISV	Fiserv Inc	Reduced	16,988	-316	$947,930	−18.4%	1.19%
MRK	Merck & Co., Inc. Healthcare	Added	7,514	+561	$903,859	+23.5%	1.13%
MTG	Mgic Investment Corp Financial Services	Added	29,310	+9,704	$769,387	+34.3%	0.97%
LNT	Alliant Energy Corp Utilities	Added	10,710	+1,946	$768,549	+34.9%	0.96%
CVX	Chevron Corp Energy	Added	3,681	+149	$761,598	+41.5%	0.96%
SYY	Sysco Corp Consumer Defensive	Held	10,397	0	$741,618	−3.2%	0.93%
AVGO	Broadcom Inc. Technology	Added	2,363	+157	$731,372	−4.2%	0.92%
IBM	International Business Machines Corp Technology	Reduced	3,014	-161	$730,563	−22.3%	0.92%
V	Visa Inc. Financial Services	Added	2,385	+247	$720,842	−3.9%	0.90%
HD	Home Depot, Inc. Consumer Cyclical	Added	2,177	+96	$715,993	−0.0%	0.90%
LLY	ELI LILLY & Co Healthcare	Reduced	748	-31	$687,987	−17.8%	0.86%
MAR	Marriott International Inc /Md/ Consumer Cyclical	Added	1,991	+3	$651,196	+5.6%	0.82%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	615	+22	$612,804	+19.8%	0.77%
BMO	Bank Of Montreal /Can/ Financial Services	Held	4,505	0	$609,706	+4.3%	0.76%
META	Meta Platforms, Inc. Communication Services	Reduced	1,058	-171	$605,313	−25.4%	0.76%
ROK	Rockwell Automation, Inc Industrials	Added	1,636	+1	$587,127	−7.7%	0.74%
GLD	Spdr Gold Trust	Added	1,343	+22	$577,879	+10.4%	0.72%
T	At&T Inc. Communication Services	Reduced	18,123	-645	$525,385	+12.7%	0.66%
KMI	Kinder Morgan, Inc. Energy	Added	15,652	+265	$524,811	+24.1%	0.66%
KO	Coca Cola Co Consumer Defensive	Held	6,741	0	$512,653	+8.8%	0.64%
ABT	Abbott Laboratories Healthcare	Reduced	4,973	-430	$510,577	−24.6%	0.64%
RTX	RTX Corp Industrials	Added	2,569	+168	$495,560	+12.5%	0.62%
JCI	Johnson Controls International plc Industrials	Held	3,697	0	$484,122	+9.4%	0.61%
ORCL	Oracle Corp Technology	Added	3,275	+185	$481,785	−20.0%	0.60%
MCD	Mcdonalds Corp Consumer Cyclical	Added	1,520	+90	$472,400	+8.1%	0.59%
BMI	Badger Meter Inc Technology	Held	2,713	0	$413,325	−12.6%	0.52%
ADI	Analog Devices Inc Technology	Added	1,219	+258	$387,812	+48.8%	0.49%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	2,654	+250	$383,343	+11.3%	0.48%
AMAT	Applied Materials Inc /De Technology	Added	1,114	+1	$380,754	+33.1%	0.48%