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Portfolio (Quarterly) Guide ↗

INVESTMENT PARTNERS, LTD.

· CIK 0001050068
13F Portfolio $286M AUM 149 positions Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 3 New 37 Added 51 Reduced 8 Exited
Page 1 of 3  ·  51 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 IWD ISHARES TR 56,816.0 $12.0M 4.18% -898.0 -1.6% $210.34 +11.6%
2 MSFT MICROSOFT CORP Technology 20,378.0 $9.9M 3.45% -624.0 -3.0% $483.62 -13.3%
3 AAPL APPLE INC Technology 35,315.0 $9.6M 3.36% -729.0 -2.0% $271.86 +12.2%
4 LLY ELI LILLY & CO Healthcare 5,737.0 $6.2M 2.16% -406.0 -6.6% $1074.72 -3.1%
5 JPM JPMORGAN CHASE & CO. Financial Services 17,311.0 $5.6M 1.95% -605.0 -3.4% $322.22 -6.0%
6 EFA ISHARES TR 41,732.0 $4.0M 1.40% -6K -12.7% $96.03 +8.5%
7 IWO ISHARES TR 8,746.0 $2.8M 0.99% -95.0 -1.1% $323.01 +13.9%
8 BERKSHIRE HATHAWAY INC DEL 5,415.0 $2.7M 0.95% -200.0 -3.6% $502.69
9 GOOG ALPHABET INC Communication Services 7,976.0 $2.5M 0.88% -195.0 -2.4% $313.79 +22.2%
10 MUB ISHARES TR 22,524.0 $2.4M 0.84% -6K -21.6% $107.11 -1.0%
11 WMT WALMART INC Consumer Defensive 19,818.0 $2.2M 0.77% -157.0 -0.8% $111.41 +17.5%
12 AEP AMERICAN ELEC PWR CO INC Utilities 18,385.0 $2.1M 0.74% -3K -13.4% $115.31 +12.4%
13 SPDW SPDR INDEX SHS FDS 47,329.0 $2.1M 0.74% -7K -13.0% $44.41 +13.4%
14 GOOGL ALPHABET INC Communication Services 6,595.0 $2.1M 0.72% -440.0 -6.2% $313.02 +23.8%
15 CAT CATERPILLAR INC Industrials 3,428.0 $2.0M 0.69% -211.0 -5.8% $572.93 +51.1%
16 XOM EXXON MOBIL CORP Energy 15,556.0 $1.9M 0.66% -212.0 -1.3% $120.34 +29.9%
17 IJH ISHARES TR 27,581.0 $1.8M 0.64% -1K -4.8% $66.00 +10.5%
18 ADP AUTOMATIC DATA PROCESSING IN Industrials 7,042.0 $1.8M 0.63% -69.0 -1.0% $257.21 -14.4%
19 AMZN AMAZON COM INC Consumer Cyclical 7,759.0 $1.8M 0.63% -80.0 -1.0% $230.82 +16.3%
20 MCD MCDONALDS CORP Consumer Cyclical 5,534.0 $1.7M 0.59% -558.0 -9.2% $305.63 -7.0%
Page 1 of 3  ·  51 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 34.9%
Financial Services 22.2%
Healthcare 11.0%
Industrials 7.1%
Consumer Defensive 7.1%
Consumer Cyclical 5.9%
Communication Services 5.6%
Energy 3.3%
Utilities 2.7%
Real Estate 0.2%