SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC

CIK

1794153

Location

MINNEAPOLIS, MN

Portfolio Value

Small $265,423,366

Diversification

Diversified

Filing Date

Global Rank

#3,632 / 8,616 ▲ 32 · as of Mar 2026

Top Industry

Insurance - Diversified 21.9%

3Y Alpha vs SPY

-2.7%

Period ended 4 months ago

Filed May 8, 2026 · 2mo

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

+59.8%

SPY

+71.1%

Annualised alpha

-2.7%

Max drawdown

−13.1%

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

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

Top Position

21.8%

−0.4 pts

Top 5

55.2%

−0.7 pts

Top 10

64.9%

−0.2 pts

HHI

864

Diversified−14

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	44.4%	$117,754,610	25
Technology	20.3%	$53,792,670	12
Communication Services	10.0%	$26,447,266	7
Consumer Defensive	7.2%	$19,228,039	11
Consumer Cyclical	5.9%	$15,766,899	14
Healthcare	4.2%	$11,243,231	10
Industrials	3.1%	$8,317,578	12
Energy	1.9%	$5,103,164	8
Real Estate	1.7%	$4,463,225	4
Basic Materials	0.7%	$1,813,952	4
Unclassified	0.5%	$1,275,765	2
Utilities	0.1%	$216,967	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
IGR	Cbre Global Real Estate Income Fund	+26,086	344,166	$1,510,888
JHX	James Hardie Industries plc	+21,500	56,550	$1,071,057
DSL	DoubleLine Income Solutions Fund	+7,952	128,199	$1,388,395
FRA	Blackrock Floating Rate Income Strategies Fund, Inc.	+5,642	93,976	$1,035,615
NIM	Nuveen Select Maturities Municipal Fund	+4,721	48,668	$459,912
VZ	Verizon Communications Inc	+4,326	33,139	$1,663,577
NIE	Virtus Equity & Convertible Income Fund	+2,710	218,718	$5,109,252
WY	Weyerhaeuser Co	+2,222	90,999	$2,223,105
DLY	DoubleLine Yield Opportunities Fund	+1,785	74,377	$1,035,327
FAX	Abrdn Asia-Pacific Income Fund, Inc.	+1,477	68,662	$990,106
MSFT	Microsoft Corp	+770	15,406	$5,702,839
CVS	CVS HEALTH Corp	+632	12,460	$894,877
MDT	Medtronic plc	+488	9,428	$816,936
WFC	Wells Fargo & Company/Mn	+379	40,905	$3,256,447
AMZN	Amazon Com Inc	+322	19,677	$4,098,128
CELC	Celcuity Inc.	+240	5,940	$677,991
JNJ	Johnson & Johnson	+127	13,135	$3,210,719
GEHC	GE HealthCare Technologies Inc.	+79	7,881	$560,969
JPM	Jpmorgan Chase & Co	+23	18,616	$5,476,082
TGT	Target Corp	+19	43,932	$5,324,558
PG	PROCTER & GAMBLE Co	+18	11,492	$1,659,904
CVX	Chevron Corp	+18	6,814	$1,409,816
MU	Micron Technology Inc	+5	1,215	$410,475
WMT	Walmart Inc.	+4	4,635	$576,037
PM	Philip Morris International Inc.	+3	29,584	$4,891,418
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SNBRQ	Sleep Number Corp	−20,572	163,141	$293,653
KARO	Karooooo Ltd.	−11,000	94,215	$4,695,675
PSLV	Sprott Physical Silver Trust	−6,157	81,940	$1,998,516
PHYS	Sprott Physical Gold Trust	−3,918	853,305	$30,241,129
LAND	GLADSTONE LAND Corp	−3,284	131,525	$1,341,555
BEN	Franklin Resources Inc	−2,000	9,191	$217,091
PLAY	Dave & Buster's Entertainment, Inc.	−1,500	11,440	$123,895
AAPL	Apple Inc.	−1,341	130,120	$33,023,154
LOCL	Local Bounti Corporation/DE	−1,000	55,705	$64,617
BRK-B	Berkshire Hathaway Inc	−996	120,624	$57,803,020
ALSN	Allison Transmission Holdings Inc	−880	14,237	$1,666,583
GOOGL	Alphabet Inc.	−484	68,629	$19,734,955
SBUX	Starbucks Corp	−411	23,694	$2,122,745
SPY	Spdr S&P 500 ETF Trust	−300	1,478	$961,202
PANW	Palo Alto Networks Inc	−287	18,916	$3,032,613
MCD	Mcdonalds Corp	−245	8,741	$2,716,615
NVDA	Nvidia Corp	−169	17,852	$3,113,388
NVO	Novo Nordisk A S	−150	7,339	$269,708
DIS	Walt Disney Co	−139	11,309	$1,089,961
META	Meta Platforms, Inc.	−127	5,820	$3,329,796
HON	Honeywell International Inc	−125	11,974	$2,838,472
WINA	Winmark Corp	−100	2,050	$876,477
ARM	Arm Holdings PLC /Uk	−90	5,069	$766,838
COST	Costco Wholesale Corp /New	−77	4,958	$4,940,299
ORCL	Oracle Corp	−74	5,743	$844,852
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
SHEL	Shell plc	2,476	$230,268
DUK	Duke Energy CORP	1,657	$216,967
SOLS	Solstice Advanced Materials Inc.	2,838	$216,142
DE	Deere & Co	365	$205,604
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
CELH	Celsius Holdings, Inc.	20,043	$916,766
TAP	Molson Coors Beverage Co	6,309	$294,504
BX	Blackstone Inc.	1,655	$255,101
OWL	Blue Owl Capital Inc.	10,500	$156,870
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

110 positions · $265,423,366 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 110 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	120,624	-996	$57,803,020	−5.4%	21.78%
AAPL	Apple Inc. Technology	Reduced	130,120	-1,341	$33,023,154	−7.6%	12.44%
PHYS	Sprott Physical Gold Trust Financial Services	Reduced	853,305	-3,918	$30,241,129	+6.8%	11.39%
GOOGL	Alphabet Inc. Communication Services	Reduced	68,629	-484	$19,734,955	−8.8%	7.44%
MSFT	Microsoft Corp Technology	Added	15,406	+770	$5,702,839	−19.4%	2.15%
JPM	Jpmorgan Chase & Co Financial Services	Added	18,616	+23	$5,476,082	−8.6%	2.06%
TGT	Target Corp Consumer Defensive	Added	43,932	+19	$5,324,558	+24.0%	2.01%
NIE	Virtus Equity & Convertible Income Fund Financial Services	Added	218,718	+2,710	$5,109,252	−5.1%	1.92%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	4,958	-77	$4,940,299	+13.8%	1.86%
PM	Philip Morris International Inc. Consumer Defensive	Added	29,584	+3	$4,891,418	+3.1%	1.84%
KARO	Karooooo Ltd. Technology	Reduced	94,215	-11,000	$4,695,675	−1.9%	1.77%
AMZN	Amazon Com Inc Consumer Cyclical	Added	19,677	+322	$4,098,128	−8.3%	1.54%
UNH	Unitedhealth Group Inc Healthcare	Reduced	14,119	-1	$3,820,460	−18.0%	1.44%
META	Meta Platforms, Inc. Communication Services	Reduced	5,820	-127	$3,329,796	−15.2%	1.25%
WFC	Wells Fargo & Company/Mn Financial Services	Added	40,905	+379	$3,256,447	−13.8%	1.23%
JNJ	Johnson & Johnson Healthcare	Added	13,135	+127	$3,210,719	+19.3%	1.21%
NVDA	Nvidia Corp Technology	Reduced	17,852	-169	$3,113,388	−7.4%	1.17%
PANW	Palo Alto Networks Inc Technology	Reduced	18,916	-287	$3,032,613	−14.3%	1.14%
HON	Honeywell International Inc Industrials	Reduced	11,974	-125	$2,838,472	+14.7%	1.07%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	8,741	-245	$2,716,615	−1.1%	1.02%
V	Visa Inc. Financial Services	Reduced	7,681	-16	$2,321,505	−14.0%	0.87%
WY	Weyerhaeuser Co Real Estate	Added	90,999	+2,222	$2,223,105	+5.7%	0.84%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	23,694	-411	$2,122,745	+4.6%	0.80%
PSLV	Sprott Physical Silver Trust Financial Services	Reduced	81,940	-6,157	$1,998,516	−4.1%	0.75%
ALSN	Allison Transmission Holdings Inc Consumer Cyclical	Reduced	14,237	-880	$1,666,583	+12.6%	0.63%
VZ	Verizon Communications Inc Communication Services	Added	33,139	+4,326	$1,663,577	+41.8%	0.63%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	11,492	+18	$1,659,904	+0.9%	0.63%
IGR	Cbre Global Real Estate Income Fund Financial Services	Added	344,166	+26,086	$1,510,888	+8.4%	0.57%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	4,461	-15	$1,467,178	−4.7%	0.55%
CVX	Chevron Corp Energy	Added	6,814	+18	$1,409,816	+36.1%	0.53%
DSL	DoubleLine Income Solutions Fund Financial Services	Added	128,199	+7,952	$1,388,395	+2.5%	0.52%
LAND	GLADSTONE LAND Corp Real Estate	Reduced	131,525	-3,284	$1,341,555	+8.8%	0.51%
FDX	Fedex Corp Industrials	Added	3,914	+2	$1,123,359	+23.4%	0.42%
GS	Goldman Sachs Group Inc Financial Services	Held	1,291	0	$1,092,173	−3.8%	0.41%
DIS	Walt Disney Co Communication Services	Reduced	11,309	-139	$1,089,961	−16.3%	0.41%
JHX	James Hardie Industries plc Basic Materials	Added	56,550	+21,500	$1,071,057	+47.3%	0.40%
PCAR	Paccar Inc Industrials	Held	9,071	0	$1,047,700	+5.5%	0.39%
FRA	Blackrock Floating Rate Income Strategies Fund, Inc. Financial Services	Added	93,976	+5,642	$1,035,615	−0.5%	0.39%
DLY	DoubleLine Yield Opportunities Fund Financial Services	Added	74,377	+1,785	$1,035,327	−1.9%	0.39%
FAX	Abrdn Asia-Pacific Income Fund, Inc. Financial Services	Added	68,662	+1,477	$990,106	−3.9%	0.37%
EPD	Enterprise Products Partners L.P. Energy	Held	25,599	0	$968,666	+18.0%	0.36%
SPY	Spdr S&P 500 ETF Trust	Reduced	1,478	-300	$961,202	−20.7%	0.36%
CVS	CVS HEALTH Corp Healthcare	Added	12,460	+632	$894,877	−4.7%	0.34%
WINA	Winmark Corp Consumer Cyclical	Reduced	2,050	-100	$876,477	+0.7%	0.33%
XOM	ExxonMobil Holdings Corp Energy	Held	5,069	0	$860,006	+41.0%	0.32%
ORCL	Oracle Corp Technology	Reduced	5,743	-74	$844,852	−25.5%	0.32%
AZO	Autozone Inc Consumer Cyclical	Reduced	248	-2	$837,689	−1.2%	0.32%
MDT	Medtronic plc Healthcare	Added	9,428	+488	$816,936	−4.9%	0.31%
PLTR	Palantir Technologies Inc. Technology	Reduced	5,547	-50	$811,415	−18.4%	0.31%
COF	Capital One Financial Corp Financial Services	Held	4,405	0	$803,604	−24.7%	0.30%