ICW Investment Advisors LLC

Registered adviser

CIK

1794820

Location

Scottsdale, AZ

Portfolio Value

Small $279,971,174

Diversification

Diversified

Filing Date

Global Rank

#5,387 / 8,827 ▼ 315 · as of Jun 2026

Top Industry

Drug Manufacturers - General 7.6%

Period ended 38 days ago

Filed Oct 27, 2026 · 11d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 135081

Roster of Nov 1, 2026

Regulatory AUM

$376,600,000

Main clients

Individuals and high net worth (96% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$376,600,000	Individuals and high net worth (96%)
Dec 2025 to Mar 2026	$355,700,000	Individuals and high net worth (96%)
Apr 2025 to Sep 2025	$336,400,000	Individuals and high net worth (96%)
Apr 2024 to Mar 2025	$297,600,000	Individuals and high net worth (96%)
May 2023 to Mar 2024	$241,600,000	Individuals and high net worth (97%)
Apr 2023	$241,600,000	Individuals and high net worth (97%)

4 earlier changes not shown.

Stated strategy

Fundamental active, Growth, Income, Fixed income / rates, Wealth management / planning Form ADV Part 2A, Mar 31, 2026 · original

In the firm's words

Fundamental active: We combine our own fundamental research and analysis with third-party research and several specialized security and portfolio analysis tools and applications.
Growth: Our goals are dividend growth faster than inflation and faster and more stable than comparable low-cost index funds might provide, plus capital growth with potentially better diversification benefits than comparable low-cost index funds might provide, to smooth over the many bumps in the road ahead.
Income: We construct diversified income portfolios for clients with a goal to help provide regular current interest income.
Fixed income / rates: We invest in publicly-traded individual stocks and fixed income securities, mutual funds and ETFs.
Wealth management / planning: We work with clients to clarify the purposes of the Accounts they wish for us to manage as part of the planning we complete for them.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 23.7%, 80.0 effective positions, active share 61.6% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

4.6% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 23.8 quarters (12+), a floor since 80.2% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 61.6%; sector active share 31.9% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

143 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

3.5%

+0.5 pts

Top 5

15.3%

+2.4 pts

Top 10

26.1%

+2.4 pts

HHI

137

Diversified+12

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	17.5%	$49,007,187	20
Healthcare	15.4%	$43,226,767	20
Industrials	15.2%	$42,536,460	28
Consumer Cyclical	12.6%	$35,194,508	13
Consumer Defensive	12.5%	$35,042,769	20
Financial Services	6.4%	$17,868,207	11
Unclassified	5.6%	$15,707,709	10
Basic Materials	4.5%	$12,567,854	6
Communication Services	3.6%	$9,991,033	3
Utilities	3.0%	$8,479,671	8
Energy	2.6%	$7,191,379	2
Real Estate	1.1%	$3,157,630	2

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
APH	Amphenol Corp	+16,833	34,880	$2,940,384
VOO	VANGUARD 500 INDEX FUND	+4,767	13,518	$9,474,225
MO	Altria Group, Inc.	+259	21,294	$1,433,937
RPM	Rpm International Inc	+179	2,300	$226,941
D	Dominion Energy, Inc	+74	7,675	$464,491
CME	Cme Group Inc.	+44	1,878	$491,998
PM	Philip Morris International Inc.	+42	7,523	$1,435,538
RSP	Victory Portfolios II	+15	4,733	$0
SDY	State Street(R) SPDR(R) S&P(R) Dividend ETF	+9	1,502	$220,012
IWR	iShares Russell Mid-Cap ETF	+8	7,283	$777,168
CAT	Caterpillar Inc	+1	843	$683,495
VB	Vanguard Index Funds	+1	752	$213,936
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
HRL	Hormel Foods Corp	−4,116	46,310	$923,421
KDP	Keurig Dr Pepper Inc.	−2,129	34,253	$1,039,236
AMZN	Amazon Com Inc	−2,073	22,237	$5,540,348
UL	Unilever PLC	−1,934	25,750	$1,563,797
BF-B	Brown Forman Corp	−1,932	28,640	$750,368
FTV	Fortive Corp	−1,295	9,719	$532,698
GOOG	Alphabet Inc.	−822	5,256	$1,790,929
CBSH	Commerce Bancshares Inc	−746	9,835	$538,367
ABT	Abbott Laboratories	−664	28,945	$2,860,634
NVDA	Nvidia Corp	−640	32,601	$7,445,416
ORLY	O Reilly Automotive Inc	−600	51,973	$4,439,013
NVO	Novo Nordisk A S	−581	44,454	$1,685,251
CARR	CARRIER GLOBAL Corp	−575	18,343	$1,006,296
CSCO	Cisco Systems, Inc.	−572	21,718	$2,337,508
WMT	Walmart Inc.	−569	37,781	$3,926,201
FAST	Fastenal Co	−537	71,328	$3,532,875
JNJ	Johnson & Johnson	−536	16,672	$4,413,745
RTX	RTX Corp	−512	14,329	$2,660,178
AWK	American Water Works Company, Inc.	−498	3,104	$401,874
CLX	Clorox Co	−429	10,448	$846,392
GOOGL	Alphabet Inc.	−413	17,427	$5,996,282
GGG	Graco Inc	−412	2,718	$208,851
MDT	Medtronic plc	−400	16,572	$1,429,997
OTIS	Otis Worldwide Corp	−395	7,470	$480,470
CL	Colgate Palmolive Co	−375	21,449	$1,830,028
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
VIG	Vanguard Specialized Funds	953	$222,344
IVV	iShares Core S&P 500 ETF	262	$200,652
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
GIS	General Mills Inc	25,493	$887,156
PWR	Quanta Services, Inc.	307	$221,052
INTC	Intel Corp	1,552	$216,705
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

143 tracked positions · $279,971,174 total · filing declares 143 positions · $280,975,754 · as of Sep 30, 2026

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

Showing 1–50 of 143 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VOO	VANGUARD 500 INDEX FUND	Added	13,518	+4,767	$9,474,225	+57.6%	3.38%
AAPL	Apple Inc. Technology	Reduced	27,702	-311	$9,225,320	+13.8%	3.30%
MSFT	Microsoft Corp Technology	Reduced	17,207	-222	$8,825,470	+35.7%	3.15%
NVDA	Nvidia Corp Technology	Reduced	32,601	-640	$7,445,416	+11.9%	2.66%
AVGO	Broadcom Inc. Technology	Reduced	18,186	-353	$6,386,741	−8.8%	2.28%
ABBV	AbbVie Inc. Healthcare	Reduced	23,956	-372	$6,266,650	+2.4%	2.24%
V	Visa Inc. Financial Services	Reduced	16,937	-192	$6,085,972	+3.6%	2.17%
GOOGL	Alphabet Inc. Communication Services	Reduced	17,427	-413	$5,996,282	−5.9%	2.14%
MA	Mastercard Inc Financial Services	Reduced	10,504	-88	$5,792,640	+6.5%	2.07%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	22,237	-2,073	$5,540,348	−4.4%	1.98%
CASY	Caseys General Stores Inc Consumer Cyclical	Reduced	8,458	-120	$5,146,354	−24.5%	1.84%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	5,570	-63	$5,070,593	−3.8%	1.81%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Reduced	51,973	-600	$4,439,013	−8.3%	1.59%
JNJ	Johnson & Johnson Healthcare	Reduced	16,672	-536	$4,413,745	+1.0%	1.58%
ROST	Ross Stores, Inc. Consumer Cyclical	Reduced	17,670	-262	$4,124,178	+8.1%	1.47%
XOM	ExxonMobil Holdings Corp Energy	Reduced	25,176	-141	$4,097,394	+18.4%	1.46%
WMT	Walmart Inc. Consumer Defensive	Reduced	37,781	-569	$3,926,201	−9.6%	1.40%
COR	Cencora, Inc. Healthcare	Reduced	13,064	-71	$3,922,466	+5.5%	1.40%
LLY	ELI LILLY & Co Healthcare	Reduced	3,325	-29	$3,847,291	−4.4%	1.37%
AMGN	Amgen Inc Healthcare	Reduced	9,040	-94	$3,810,450	+15.2%	1.36%
LIN	Linde PLC Basic Materials	Reduced	7,614	-64	$3,613,985	−9.3%	1.29%
ADP	Automatic Data Processing Inc Technology	Reduced	13,776	-85	$3,555,034	+14.5%	1.27%
FAST	Fastenal Co Industrials	Reduced	71,328	-537	$3,532,875	+2.4%	1.26%
SHW	Sherwin Williams Co Basic Materials	Reduced	10,456	-90	$3,380,111	−6.9%	1.21%
TJX	Tjx Companies Inc Consumer Cyclical	Reduced	24,728	-245	$3,271,761	−13.5%	1.17%
CVX	Chevron Corp Energy	Reduced	15,151	-102	$3,093,985	+22.4%	1.11%
LMT	Lockheed Martin Corp Industrials	Reduced	6,046	-40	$3,078,925	−0.7%	1.10%
PEP	Pepsico Inc Consumer Defensive	Reduced	23,625	-366	$2,993,760	−7.8%	1.07%
KO	Coca Cola Co Consumer Defensive	Reduced	34,763	-332	$2,992,399	+4.9%	1.07%
APH	Amphenol Corp Technology	Added	34,880	+16,833	$2,940,384	−7.6%	1.05%
ABT	Abbott Laboratories Healthcare	Reduced	28,945	-664	$2,860,634	+6.5%	1.02%
SPY	Spdr S&P 500 ETF Trust	Reduced	3,734	-22	$2,847,660	+1.5%	1.02%
GD	General Dynamics Corp Industrials	Reduced	8,500	-87	$2,820,555	−7.3%	1.01%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	9,838	-74	$2,798,812	−19.9%	1.00%
NOC	Northrop Grumman Corp Industrials	Reduced	5,726	-52	$2,768,406	−5.9%	0.99%
DGX	Quest Diagnostics Inc Healthcare	Reduced	11,597	-231	$2,702,912	+7.8%	0.97%
RTX	RTX Corp Industrials	Reduced	14,329	-512	$2,660,178	−5.5%	0.95%
RMD	Resmed Inc Healthcare	Reduced	11,816	-153	$2,612,517	+12.0%	0.93%
YUM	Yum Brands Inc Consumer Cyclical	Reduced	18,966	-288	$2,585,824	−16.0%	0.92%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	10,743	-129	$2,480,988	−15.6%	0.89%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	16,914	-214	$2,457,265	−2.2%	0.88%
ITW	Illinois Tool Works Inc Industrials	Reduced	9,445	-113	$2,430,009	−6.0%	0.87%
CSCO	Cisco Systems, Inc. Technology	Reduced	21,718	-572	$2,337,508	−10.7%	0.83%
EXPD	Expeditors International Of Washington Inc Industrials	Reduced	12,381	-210	$2,286,027	+11.4%	0.82%
CHD	Church & Dwight Co Inc Consumer Defensive	Reduced	23,473	-259	$2,211,626	−3.8%	0.79%
META	Meta Platforms, Inc. Communication Services	Reduced	3,039	-51	$2,203,822	+26.6%	0.79%
GWW	W.W. Grainger, Inc. Industrials	Reduced	1,691	-38	$2,106,580	−10.4%	0.75%
DCI	DONALDSON Co INC Industrials	Reduced	23,894	-301	$2,079,733	−4.2%	0.74%
CNI	Canadian National Railway Co Industrials	Reduced	16,602	-329	$1,973,977	−2.2%	0.71%
O	Realty Income Corp Real Estate	Reduced	36,238	-197	$1,967,723	−12.8%	0.70%

Showing the top 50 of 143 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.