FPC Investment Advisory

PETALUMA, CAfiles as FPC INVESTMENT ADVISORY, INC.

$212m in 36 US stocks at the end of 30 June 2026. The top 10 are 85.6% of the money. It changed about 4.0% of the portfolio this quarter.

Value

$212m

Stocks

Top 10 share

85.6%

Turnover

4.0%

What changed this quarter

New

Bought for the first time this quarter.

Ishares TRIAGG
1.4% of the fund
Vanguard BD Index FDSBSV
0.3% of the fund
Advanced Micro DevicesAMD
0.1% of the fund
MerckMRK
<0.1% of the fund

Added

Bought more of a stock they already held.

Schwab Strategic TRSCHX
17.2% of the fund
+2%
Ishares TRISTB
15.6% of the fund
+5%
Vanguard Intl Equity Index FVGK
12.3% of the fund
+6%
Ishares TRTLT
5.1% of the fund
+3%
Vanguard BD Index FDSBND
4.5% of the fund
+26%
Select Sector Spdr TRXLV
2.0% of the fund
+9%
Vanguard BD Index FDSBLV
0.8% of the fund
+36%

Cut

Sold some of their stake.

AppleAAPL
5.2% of the fund
-2%
Vanguard World FDVGT
4.4% of the fund
-9%
Vanguard Charlotte FDSBNDX
3.1% of the fund
-22%
Ishares TRAAXJ
0.9% of the fund
-25%
BroadcomAVGO
0.8% of the fund
-5%
Ishares TRIYW
0.2% of the fund
-27%
Schwab Strategic TRSCHA
0.1% of the fund
-20%

Sold out

Sold their entire stake.

Vanguard Intl Equity Index FVWO
-100%
eBayEBAY
-100%

Holdings

Schwab Strategic TRSCHX
Share
17.2%
Value
$36m
Shares
1,243,751
+2%
Ishares TRISTB
Share
15.6%
Value
$33m
Shares
688,511
+5%
Vanguard BD Index FDSBIV
Share
14.2%
Value
$30m
Shares
395,163
Held
Vanguard Intl Equity Index FVGK
Share
12.3%
Value
$26m
Shares
294,912
+6%
AppleAAPL
Share
5.2%
Value
$11m
Shares
32,762
-2%
Ishares TRTLT
Share
5.1%
Value
$11m
Shares
127,051
+3%
Vanguard BD Index FDSBND
Share
4.5%
Value
$10m
Shares
131,165
+26%
Vanguard World FDVGT
Share
4.4%
Value
$9m
Shares
82,652
-9%
IsharesEWJ
Share
4.1%
Value
$9m
Shares
95,871
Held
Vanguard Charlotte FDSBNDX
Share
3.1%
Value
$6m
Shares
135,332
-22%
Ishares TRIEV
Share
2.8%
Value
$6m
Shares
82,675
Held
Select Sector Spdr TRXLV
Share
2.0%
Value
$4m
Shares
26,010
+9%
AlphabetGOOG
Share
1.4%
Value
$3m
Shares
8,709
Held
Ishares TRIAGG
Share
1.4%
Value
$3m
Shares
59,388
New
NvidiaNVDA
Share
1.3%
Value
$3m
Shares
13,896
Held
Ishares TRAAXJ
Share
0.9%
Value
$2m
Shares
17,048
-25%
BroadcomAVGO
Share
0.8%
Value
$2m
Shares
4,661
-5%
Vanguard BD Index FDSBLV
Share
0.8%
Value
$2m
Shares
24,333
+36%
Ishares TRIEFA
Share
0.3%
Value
$675,964
Shares
7,023
Held
Vanguard BD Index FDSBSV
Share
0.3%
Value
$565,817
Shares
7,283
New
MicrosoftMSFT
Share
0.2%
Value
$526,932
Shares
1,338
Held
Meta PlatformsMETA
Share
0.2%
Value
$486,446
Shares
753
Held
AbbVieABBV
Share
0.2%
Value
$486,076
Shares
1,910
Held
Ishares TRIYW
Share
0.2%
Value
$479,198
Shares
2,003
-27%
Amazon.comAMZN
Share
0.2%
Value
$407,188
Shares
1,647
Held
CitigroupC
Share
0.2%
Value
$323,400
Shares
2,500
Held
Schwab Strategic TRSCHB
Share
0.1%
Value
$283,763
Shares
9,870
Held
Advanced Micro DevicesAMD
Share
0.1%
Value
$269,694
Shares
544
New
Schwab Strategic TRSCHA
Share
0.1%
Value
$264,263
Shares
7,761
-20%
Vanguard Index FDSVOE
Share
0.1%
Value
$239,710
Shares
1,182
Held
AlphabetGOOGL
Share
0.1%
Value
$237,885
Shares
686
Held
Flagstar Bank, National AssociationFLG
Share
0.1%
Value
$233,930
Shares
15,700
Held
BPBP
Share
0.1%
Value
$213,690
Shares
5,100
Held
MerckMRK
Share
<0.1%
Value
$209,355
Shares
1,642
New
Patterson UTI EnergyPTEN
Share
<0.1%
Value
$201,402
Shares
20,100
Held
Fate TherapeuticsFATE
Share
<0.1%
Value
$73,548
Shares
26,456
Held

Company	Share of fund	Value	Shares	Change
Schwab Strategic TRSCHX	17.2%	$36m	1,243,751	+2%
Ishares TRISTB	15.6%	$33m	688,511	+5%
Vanguard BD Index FDSBIV	14.2%	$30m	395,163	Held
Vanguard Intl Equity Index FVGK	12.3%	$26m	294,912	+6%
AppleAAPL	5.2%	$11m	32,762	-2%
Ishares TRTLT	5.1%	$11m	127,051	+3%
Vanguard BD Index FDSBND	4.5%	$10m	131,165	+26%
Vanguard World FDVGT	4.4%	$9m	82,652	-9%
IsharesEWJ	4.1%	$9m	95,871	Held
Vanguard Charlotte FDSBNDX	3.1%	$6m	135,332	-22%
Ishares TRIEV	2.8%	$6m	82,675	Held
Select Sector Spdr TRXLV	2.0%	$4m	26,010	+9%
AlphabetGOOG	1.4%	$3m	8,709	Held
Ishares TRIAGG	1.4%	$3m	59,388	New
NvidiaNVDA	1.3%	$3m	13,896	Held
Ishares TRAAXJ	0.9%	$2m	17,048	-25%
BroadcomAVGO	0.8%	$2m	4,661	-5%
Vanguard BD Index FDSBLV	0.8%	$2m	24,333	+36%
Ishares TRIEFA	0.3%	$675,964	7,023	Held
Vanguard BD Index FDSBSV	0.3%	$565,817	7,283	New
MicrosoftMSFT	0.2%	$526,932	1,338	Held
Meta PlatformsMETA	0.2%	$486,446	753	Held
AbbVieABBV	0.2%	$486,076	1,910	Held
Ishares TRIYW	0.2%	$479,198	2,003	-27%
Amazon.comAMZN	0.2%	$407,188	1,647	Held
CitigroupC	0.2%	$323,400	2,500	Held
Schwab Strategic TRSCHB	0.1%	$283,763	9,870	Held
Advanced Micro DevicesAMD	0.1%	$269,694	544	New
Schwab Strategic TRSCHA	0.1%	$264,263	7,761	-20%
Vanguard Index FDSVOE	0.1%	$239,710	1,182	Held
AlphabetGOOGL	0.1%	$237,885	686	Held
Flagstar Bank, National AssociationFLG	0.1%	$233,930	15,700	Held
BPBP	0.1%	$213,690	5,100	Held
MerckMRK	<0.1%	$209,355	1,642	New
Patterson UTI EnergyPTEN	<0.1%	$201,402	20,100	Held
Fate TherapeuticsFATE	<0.1%	$73,548	26,456	Held

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 32.5% since 30 June 2025.

Where the money is

Technology7.7%

Media & telecom1.8%

Health care0.4%

Financial services0.3%

Energy0.2%

Retail & consumer0.2%

Other89.5%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.