KLCM Advisors, Inc.

MILWAUKEE, WI · CIK 1166620 · 13F filing filed 2026-08-06

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$1.2bn reported value +8.6% vs Q1 2026

283positions

47.8%in top 10

35 new 84 added 85 reduced 8 sold out vs Q1 2026

Options: 12 call positions ($16.3m notional), 4 put positions ($5.7m notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	1,421,708	$284.5m22.79%	22.79%	Reduced -77.5k	-77,476 -5.2%
2	APPLE INC COM AAPL	AAPL	276,575	$80.0m6.41%	6.41%	Reduced -5.6k	-5,593 -2.0%
3	ATI INC COM ATI	ATI	207,475	$40.9m3.28%	3.28%	Reduced -55.4k	-55,364 -21.1%
4	CITIGROUP INC COM NEW C	C	244,934	$34.3m2.75%	2.75%	Reduced -11.1k	-11,055 -4.3%
5	BOEING CO COM BA	BA	152,129	$32.9m2.64%	2.64%	Reduced -1.4k	-1,379 -0.9%
6	MANPOWERGROUP INC WIS COM MAN	MAN	867,407	$29.3m2.35%	2.35%	Reduced -32.8k	-32,801 -3.6%
7	BUILDERS FIRSTSOURCE INC COM BLDR	BLDR	296,590	$26.5m2.13%	2.13%	Added +2.9k	+2,911 1.0%
8	MARCUS CORP DEL COM MCS	MCS	995,125	$23.3m1.87%	1.87%	Reduced -43.5k	-43,490 -4.2%
9	UNITED PARCEL SERVICE INC CL B UPS	UPS	211,647	$22.8m1.82%	1.82%	Reduced -604	-604 -0.3%
10	QUALCOMM INC COM QCOM	QCOM	117,789	$21.8m1.74%	1.74%	Reduced -13.5k	-13,485 -10.3%
11	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	27,996	$20.9m1.67%	1.67%	Reduced -1.4k	-1,383 -4.7%
12	INTERNATIONAL FLAVORS&FRAGRA COM IFF	IFF	257,593	$20.4m1.63%	1.63%	Reduced -7.0k	-6,997 -2.6%
13	GATES INDL CORP PLC ORD SHS 9666678D	9666678D	695,592	$19.5m1.56%	1.56%	Reduced -2.3k	-2,269 -0.3%
14	WELLS FARGO CO NEW COM WFC	WFC	231,179	$19.1m1.53%	1.53%	Reduced -2.7k	-2,741 -1.2%
15	KIMBERLY-CLARK CORP COM KMB	KMB	164,145	$18.0m1.44%	1.44%	Added +120.5k	+120,530 276.4%
16	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	48,320	$17.9m1.43%	1.43%	Added +2.8k	+2,843 6.2%
17	BANK AMERICA CORP COM BAC	BAC	301,505	$17.2m1.38%	1.38%	Reduced -4.6k	-4,633 -1.5%
18	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	293,739	$16.9m1.36%	1.36%	Reduced -6.7k	-6,691 -2.2%
19	TRUIST FINL CORP COM TFC	TFC	339,124	$16.9m1.35%	1.35%	Reduced -14.3k	-14,334 -4.1%
20	NIKE INC CL B NKE	NKE	395,441	$16.2m1.30%	1.30%	Added +248.7k	+248,652 169.4%
21	MICROSOFT CORP COM MSFT	MSFT	37,189	$13.9m1.11%	1.11%	Added +5.6k	+5,591 17.7%
22	CRANE NXT CO COM CXT	CXT	263,078	$13.5m1.08%	1.08%	Reduced -4.8k	-4,832 -1.8%
23	LOUISIANA PAC CORP COM LPX	LPX	163,925	$12.9m1.03%	1.03%	Added +13.4k	+13,375 8.9%
24	TEXAS PACIFIC LAND CORPORATI COM TPL	TPL	25,990	$11.4m0.91%	0.91%	Unchanged
25	DOLLAR GEN CORP NEW COM DG	DG	94,148	$10.8m0.87%	0.87%	New
26	ZIMMER BIOMET HOLDINGS INC COM ZBH	ZBH	125,568	$10.8m0.87%	0.87%	Reduced -2.7k	-2,682 -2.1%
27	APA CORPORATION COM APA	APA	317,576	$10.3m0.83%	0.83%	Reduced -6.4k	-6,361 -2.0%
28	HALLIBURTON CO COM HAL	HAL	304,037	$10.3m0.83%	0.83%	Reduced -203.3k	-203,323 -40.1%
29	DOW INC COM DOW	DOW	356,883	$9.8m0.78%	0.78%	Added +28.4k	+28,369 8.6%
30	SOUTHWEST AIRLS CO COM LUV	LUV	185,845	$9.6m0.77%	0.77%	New
31	OLIN CORP COM PAR $1 OLN	OLN	448,278	$8.9m0.71%	0.71%	Reduced -24.8k	-24,778 -5.2%
32	ALPHABET INC CAP STK CL A GOOGL	GOOGL	24,810	$8.9m0.71%	0.71%	Reduced -104	-104 -0.4%
33	GOODYEAR TIRE & RUBR CO COM GT	GT	1,262,811	$8.3m0.67%	0.67%	Reduced -363.9k	-363,911 -22.4%
34	BEST BUY INC COM BBY	BBY	100,528	$7.6m0.61%	0.61%	Reduced -29.9k	-29,877 -22.9%
35	DISNEY WALT CO COM DIS	DIS	77,044	$7.4m0.59%	0.59%	Reduced -1.3k	-1,344 -1.7%
36	US BANCORP DEL COM NEW USB	USB	120,506	$7.3m0.58%	0.58%	Added +9.0k	+8,954 8.0%
37	CATERPILLAR INC COM CAT	CAT	6,786	$7.2m0.58%	0.58%	Added +2	+2 0.0%
38	LAM RESEARCH CORP COM NEW LRCX	LRCX	16,590	$7.2m0.58%	0.58%	Reduced -73	-73 -0.4%
39	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	32,286	$6.9m0.55%	0.55%	Added +488	+488 1.5%
40	ISHARES TR RUS 1000 VAL ETF IWD	IWD	27,218	$6.6m0.53%	0.53%	Added +787	+787 3.0%
41	AMAZON COM INC COM AMZN	AMZN	27,093	$6.5m0.52%	0.52%	Reduced -3.9k	-3,929 -12.7%
42	ALPHABET INC CAP STK CL C GOOG	GOOG	17,785	$6.3m0.50%	0.50%	Reduced -331	-331 -1.8%
43	ALLSPRING EXCHANGE TRADED FU SPECIAL LARG VAL ASLV	ASLV	198,375	$6.0m0.48%	0.48%	Reduced -4.6k	-4,618 -2.3%
44	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	7,796	$5.7m0.46%	0.46%	Reduced -23	-23 -0.3%
45	META PLATFORMS INC CL A META	META	10,025	$5.6m0.45%	0.45%	Reduced -26.4k	-26,379 -72.5%
46	ISHARES TR RUSSELL 2000 ETF IWM	IWM	18,480	$5.6m0.44%	0.44%	Reduced -601	-601 -3.1%
47	JPMORGAN CHASE & CO COM JPM	JPM	15,506	$5.1m0.41%	0.41%	Added +10	+10 0.1%
48	WEC ENERGY GROUP INC COM WEC	WEC	40,874	$4.8m0.38%	0.38%	Reduced -133	-133 -0.3%
49	EXXON MOBIL CORP COM XOM	XOM	34,465	$4.7m0.38%	0.38%	Reduced -136	-136 -0.4%
50	FISERV INC COM FISV	FISV	91,789	$4.5m0.36%	0.36%	Added +7.1k	+7,075 8.3%
51	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	38,417	$4.5m0.36%	0.36%	Added +28.1k	+28,107 272.6%
52	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	32,484	$4.0m0.32%	0.32%	Added +31.1k	+31,124 2288.5%
53	KEYCORP COM KEY	KEY	174,574	$4.0m0.32%	0.32%	Reduced -871	-871 -0.5%
54	PFIZER INC COM PFE	PFE	166,401	$4.0m0.32%	0.32%	Added +260	+260 0.2%
55	CLOROX CO DEL COM CLX	CLX	41,947	$4.0m0.32%	0.32%	Added +23.7k	+23,717 130.1%
56	BERKLEY W R CORP COM WRB	WRB	54,523	$3.8m0.31%	0.31%	Unchanged
57	CHEVRON CORP NEW COM CVX	CVX	23,078	$3.8m0.31%	0.31%	Added +9.8k	+9,803 73.8%
58	PEPSICO INC COM PEP	PEP	27,615	$3.7m0.30%	0.30%	Added +639	+639 2.4%
59	WEYERHAEUSER CO MTN BE COM NEW WY	WY	149,482	$3.6m0.29%	0.29%	Added +32.4k	+32,407 27.7%
60	WALMART INC COM WMT	WMT	31,283	$3.5m0.28%	0.28%	Added +39	+39 0.1%
61	VERIZON COMMUNICATIONS INC COM VZ	VZ	80,252	$3.4m0.27%	0.27%	Reduced -10.1k	-10,060 -11.1%
62	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	46,612	$3.3m0.27%	0.27%	Added +1.4k	+1,380 3.0%
63	SPDR GOLD TR GOLD SHS GLD	GLD	8,939	$3.3m0.26%	0.26%	New
64	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	6,550	$3.3m0.26%	0.26%	Reduced -2	-2 -0.0%
65	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	4,677	$3.2m0.26%	0.26%	Added +441	+441 10.4%
66	JOHNSON CTLS INTL PLC SHS JCI	JCI	21,701	$3.2m0.25%	0.25%	Reduced -70	-70 -0.3%
67	COASTALSOUTH BANCSHARES INC COM NEW COSO	COSO	107,617	$2.9m0.23%	0.23%	Unchanged
68	GE AEROSPACE COM NEW GE	GE	7,725	$2.9m0.23%	0.23%	Added +24	+24 0.3%
69	TESLA INC COM TSLA	TSLA	6,641	$2.8m0.22%	0.22%	Added +8	+8 0.1%
70	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	30,144	$2.6m0.21%	0.21%	Added +948	+948 3.2%
71	ABBVIE INC COM ABBV	ABBV	10,009	$2.5m0.20%	0.20%	Added +2	+2 0.0%
72	FORTINET INC COM FTNT	FTNT	16,315	$2.5m0.20%	0.20%	Unchanged
73	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	10,761	$2.4m0.19%	0.19%	Added +770	+770 7.7%
74	BROADCOM INC COM AVGO	AVGO	6,331	$2.4m0.19%	0.19%	Reduced -35.5k	-35,468 -84.8%
75	CISCO SYS INC COM CSCO	CSCO	19,334	$2.3m0.18%	0.18%	Reduced -67	-67 -0.3%
76	PHILIP MORRIS INTL INC COM PM	PM	12,453	$2.3m0.18%	0.18%	Reduced -269	-269 -2.1%
77	GE VERNOVA INC COM GEV	GEV	1,909	$2.2m0.18%	0.18%	Reduced -61	-61 -3.1%
78	JOHNSON & JOHNSON COM JNJ	JNJ	8,607	$2.2m0.18%	0.18%	Reduced -60	-60 -0.7%
79	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	11,454	$2.2m0.17%	0.17%	Unchanged
80	NUCOR CORP COM NUE	NUE	9,631	$2.1m0.17%	0.17%	Reduced -500	-500 -4.9%
81	CERAGON NETWORKS LTD ORD CRNT	CRNT	795,500	$2.1m0.17%	0.17%	Unchanged
82	MORGAN STANLEY COM NEW MS	MS	9,260	$1.9m0.16%	0.16%	Added +3	+3 0.0%
83	MCDONALDS CORP COM MCD	MCD	7,070	$1.9m0.15%	0.15%	Reduced -32	-32 -0.5%
84	TEXAS INSTRS INC COM TXN	TXN	6,026	$1.8m0.14%	0.14%	Reduced -516	-516 -7.9%
85	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	3,761	$1.8m0.14%	0.14%	Reduced -785	-785 -17.3%
86	MGIC INVT CORP WIS COM MTG	MTG	62,880	$1.8m0.14%	0.14%	Unchanged
87	NETFLIX INC COM NFLX	NFLX	24,428	$1.7m0.14%	0.14%	Added +19.8k	+19,756 422.9%
88	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	54,447	$1.7m0.14%	0.14%	Added +4.6k	+4,567 9.2%
89	ISHARES TR CORE S&P500 ETF IVV	IVV	2,294	$1.7m0.14%	0.14%	Unchanged
90	MERCK & CO INC COM MRK	MRK	13,218	$1.7m0.14%	0.14%	Reduced -271	-271 -2.0%
91	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	7,171	$1.7m0.14%	0.14%	Added +767	+767 12.0%
92	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	57,572	$1.7m0.14%	0.14%	Added +1.3k	+1,315 2.3%
93	FORGENT POWER SOLUTIONS INC COM SHS CL A FPS	FPS	30,000	$1.7m0.13%	0.13%	Unchanged
94	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	48,832	$1.7m0.13%	0.13%	Added +2.2k	+2,240 4.8%
95	VANGUARD INDEX FDS VALUE ETF VTV	VTV	7,543	$1.6m0.13%	0.13%	Added +600	+600 8.6%
96	ADOBE INC COM ADBE	ADBE	7,777	$1.6m0.13%	0.13%	New
97	COSTCO WHSL CORP NEW COM COST	COST	1,700	$1.6m0.13%	0.13%	Added +10	+10 0.6%
98	EATON CORP PLC SHS ETN	ETN	3,687	$1.6m0.13%	0.13%	Added +6	+6 0.2%
99	ADVANCED MICRO DEVICES INC COM AMD	AMD	2,691	$1.6m0.13%	0.13%	Reduced -10.0k	-9,993 -78.8%
100	SALESFORCE INC COM CRM	CRM	9,961	$1.6m0.13%	0.13%	Added +1.9k	+1,883 23.3%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		786	$355.3k786 shares
COTERRA ENERGY INC CTRA	CTRA	8,855	$311.2k8.9k shares
MICROSTRATEGY INC MSTR	MSTR	2,010	$250.8k2.0k shares
COMCAST CORP NEW CMCSA	CMCSA	8,262	$237.2k8.3k shares
HERSHEY CO HSY	HSY	1,067	$221.8k1.1k shares
CHENIERE ENERGY INC LNG	LNG	767	$217.6k767 shares
BCE INC BCE	BCE	8,486	$214.2k8.5k shares
ISHARES GOLD TR IAU	IAU	2,287	$201.6k2.3k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
NVIDIA CORPORATION NVDA · Put	NVDA	Put	25,000	$5.0m25.0k shares	Reduced
BUILDERS FIRSTSOURCE INC BLDR · Call	BLDR	Call	47,500	$4.3m47.5k shares	Unchanged
MANPOWERGROUP INC WIS MAN · Call	MAN	Call	80,500	$2.7m80.5k shares	Reduced
GOODYEAR TIRE & RUBR CO GT · Call	GT	Call	386,000	$2.5m386.0k shares	Unchanged
NVIDIA CORPORATION NVDA · Call	NVDA	Call	11,700	$2.3m11.7k shares	New
NETFLIX INC NFLX · Call	NFLX	Call	22,500	$1.6m22.5k shares	Unchanged
PATTERSON-UTI ENERGY INC PTEN · Call	PTEN	Call	75,000	$688.5k75.0k shares	Unchanged
DOW INC DOW · Call	DOW	Call	25,000	$684.0k25.0k shares	Unchanged
CONAGRA BRANDS INC CAG · Call	CAG	Call	45,000	$605.7k45.0k shares	Added
CLOROX CO DEL CLX · Call	CLX	Call	5,000	$477.2k5.0k shares	New
ATI INC ATI · Put	ATI	Put	1,800	$354.8k1.8k shares	Reduced
POET TECHNOLOGIES INC POET · Call	POET	Call	25,000	$257.0k25.0k shares	Unchanged
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	200	$149.4k200 shares	New
INVESCO QQQ TR QQQ · Put	QQQ	Put	200	$147.3k200 shares	New
ORGANON & CO OGN · Call	OGN	Call	7,000	$94.8k7.0k shares	Unchanged
WELLS FARGO CO NEW WFC · Call	WFC	Call	100	$8.3k100 shares	Unchanged

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
MARCUS CORP DEL MCS · 13G · filed 2024-11-06	MCS	6.7%≈ $38.2m	new	13G	2024-11-06