Edgemoor Investment Advisors, Inc.

BETHESDA, MD · CIK 1313792 · 13F filing filed 2025-08-11

SEC-registered investment adviser since 1999 · corporation

Assets managed$1.5bn
Staff9 · 6 in investment roles
Main clients (by assets)High net worth individuals 74%, Mutual funds and ETFs 12%, Individuals 11%
Websiteedgemoorinv.com
Form ADV · 2026-03-25SEC adviser record

Legal entityEdgemoor Investment Advisors, Inc. (US)

$1.2bn reported value +6.5% vs Q1 2025

170positions

45.9%in top 10

13 new 63 added 59 reduced 4 sold out vs Q1 2025

Holdings, Q2 2025

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	MICROSOFT CORP COM MSFT	MSFT	210,998	$105.0m9.06%	9.06%	Reduced -4.6k	-4,644 -2.1%
2	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	154,068	$74.8m6.46%	6.46%	Reduced -4.4k	-4,407 -2.8%
3	APPLE INC COM AAPL	AAPL	349,630	$71.7m6.19%	6.19%	Reduced -11.0k	-11,033 -3.1%
4	UNITED RENTALS INC COM URI	URI	71,645	$54.0m4.66%	4.66%	Reduced -2.0k	-2,028 -2.8%
5	BROADCOM INC COM AVGO	AVGO	170,098	$46.9m4.05%	4.05%	Reduced -4.1k	-4,109 -2.4%
6	LOWES COS INC COM LOW	LOW	199,595	$44.3m3.82%	3.82%	Reduced -2.2k	-2,167 -1.1%
7	AMAZON COM INC COM AMZN	AMZN	180,296	$39.6m3.41%	3.41%	Reduced -1.7k	-1,709 -0.9%
8	ALPHABET INC CAP STK CL C GOOG	GOOG	216,720	$38.4m3.32%	3.32%	Reduced -13.1k	-13,098 -5.7%
9	WILLIAMS SONOMA INC COM WSM	WSM	179,439	$29.3m2.53%	2.53%	Reduced -5.9k	-5,918 -3.2%
10	APPLIED MATLS INC COM AMAT	AMAT	150,385	$27.5m2.38%	2.38%	Reduced -3.0k	-3,001 -2.0%
11	ALPHABET INC CAP STK CL A GOOGL	GOOGL	155,274	$27.4m2.36%	2.36%	Reduced -580	-580 -0.4%
12	NVIDIA CORPORATION COM NVDA	NVDA	171,577	$27.1m2.34%	2.34%	Added +306	+306 0.2%
13	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	56,024	$24.9m2.15%	2.15%	Reduced -772	-772 -1.4%
14	BLACKSTONE INC COM BX	BX	151,844	$22.7m1.96%	1.96%	Reduced -829	-829 -0.5%
15	LENNAR CORP CL A LEN	LEN	202,603	$22.4m1.93%	1.93%	Reduced -4.3k	-4,293 -2.1%
16	VISA INC COM CL A V	V	60,341	$21.4m1.85%	1.85%	Reduced -1.5k	-1,541 -2.5%
17	JOHNSON CTLS INTL PLC SHS JCI	JCI	189,252	$20.0m1.73%	1.73%	Reduced -9.3k	-9,335 -4.7%
18	BLACKROCK INC COM BLK	BLK	18,331	$19.2m1.66%	1.66%	Reduced -1.0k	-1,040 -5.4%
19	GENERAL DYNAMICS CORP COM GD	GD	56,639	$16.5m1.43%	1.43%	Reduced -1.5k	-1,451 -2.5%
20	SCHWAB CHARLES CORP COM SCHW	SCHW	179,901	$16.4m1.42%	1.42%	Added +1.7k	+1,691 0.9%
21	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	67,745	$15.3m1.32%	1.32%	Added +302	+302 0.5%
22	ARES CAPITAL CORP COM ARCC	ARCC	684,870	$15.0m1.30%	1.30%	Reduced -37.9k	-37,869 -5.2%
23	NOVARTIS AG SPONSORED ADR NVS	NVS	110,739	$13.4m1.16%	1.16%	Reduced -1.6k	-1,595 -1.4%
24	DEERE & CO COM DE	DE	25,249	$12.8m1.11%	1.11%	Added +79	+79 0.3%
25	AMERICAN ELEC PWR CO INC COM AEP	AEP	123,004	$12.8m1.10%	1.10%	Reduced -3.9k	-3,853 -3.0%
26	CITIGROUP INC COM NEW C	C	143,617	$12.2m1.06%	1.06%	Reduced -333	-333 -0.2%
27	ISHARES TR BLACKROCK ULTRA ICSH	ICSH	234,465	$11.9m1.03%	1.03%	Added +4.1k	+4,122 1.8%
28	SIMON PPTY GROUP INC NEW COM SPG	SPG	69,967	$11.2m0.97%	0.97%	Added +361	+361 0.5%
29	SHELL PLC SPON ADS SHEL	SHEL	159,653	$11.2m0.97%	0.97%	Added +1.7k	+1,680 1.1%
30	REALTY INCOME CORP COM O	O	180,996	$10.4m0.90%	0.90%	Added +3.5k	+3,491 2.0%
31	ENTERGY CORP NEW COM ETR	ETR	120,848	$10.0m0.87%	0.87%	Reduced -3.0k	-2,952 -2.4%
32	VERIZON COMMUNICATIONS INC COM VZ	VZ	225,269	$9.7m0.84%	0.84%	Added +3.1k	+3,125 1.4%
33	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	306,179	$9.5m0.82%	0.82%	Reduced -4.5k	-4,504 -1.4%
34	CROWN CASTLE INC COM CCI	CCI	91,153	$9.4m0.81%	0.81%	Added +2.1k	+2,104 2.4%
35	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	22,924	$9.3m0.80%	0.80%	Added +4.7k	+4,702 25.8%
36	AT&T INC COM T	T	292,709	$8.5m0.73%	0.73%	Reduced -4.0k	-3,956 -1.3%
37	PUBLIC STORAGE COM PSA	PSA	28,210	$8.3m0.71%	0.71%	Added +136	+136 0.5%
38	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	143,084	$8.1m0.70%	0.70%	Added +5.5k	+5,473 4.0%
39	FISERV INC COM FISV	FISV	43,495	$7.5m0.65%	0.65%	Added +1.7k	+1,699 4.1%
40	NEXTERA ENERGY INC COM NEE	NEE	105,431	$7.3m0.63%	0.63%	Reduced -1.6k	-1,635 -1.5%
41	DIGITAL RLTY TR INC COM DLR	DLR	41,048	$7.2m0.62%	0.62%	Reduced -1.2k	-1,160 -2.8%
42	SOUTHERN CO COM SO	SO	77,216	$7.1m0.61%	0.61%	Reduced -9.2k	-9,208 -10.7%
43	CENTERPOINT ENERGY INC COM CNP	CNP	174,928	$6.4m0.55%	0.55%	Reduced -1.8k	-1,799 -1.0%
44	FIRST TR SR FLTG RATE INCOME COM COM		628,648	$6.4m0.55%	0.55%	Reduced -10.4k	-10,363 -1.6%
45	CLEARWAY ENERGY INC CL A CL A		208,357	$6.3m0.54%	0.54%	Reduced -420	-420 -0.2%
46	BOOKING HOLDINGS INC COM BKNG	BKNG	1,072	$6.2m0.54%	0.54%	Added +25	+25 2.4%
47	EVERGY INC COM EVRG	EVRG	85,358	$5.9m0.51%	0.51%	Added +4.3k	+4,297 5.3%
48	PFIZER INC COM PFE	PFE	236,569	$5.7m0.50%	0.50%	Added +23.0k	+22,996 10.8%
49	VERTIV HOLDINGS CO COM CL A VRT	VRT	39,339	$5.1m0.44%	0.44%	Added +127	+127 0.3%
50	KINDER MORGAN INC DEL COM KMI	KMI	166,051	$4.9m0.42%	0.42%	Reduced -4.3k	-4,285 -2.5%
51	ISHARES TR CORE S&P500 ETF IVV	IVV	7,299	$4.5m0.39%	0.39%	Added +1	+1 0.0%
52	ATMOS ENERGY CORP COM ATO	ATO	27,859	$4.3m0.37%	0.37%	Reduced -1.1k	-1,100 -3.8%
53	EVERSOURCE ENERGY COM ES	ES	66,378	$4.2m0.36%	0.36%	Added +3.1k	+3,137 5.0%
54	STARWOOD PPTY TR INC COM STWD	STWD	193,077	$3.9m0.33%	0.33%	Added +1.4k	+1,432 0.8%
55	ALEXANDRIA REAL ESTATE EQ IN COM ARE	ARE	52,408	$3.8m0.33%	0.33%	Reduced -6.3k	-6,280 -10.7%
56	ONEOK INC NEW COM OKE	OKE	45,598	$3.7m0.32%	0.32%	Reduced -626	-626 -1.4%
57	WELLS FARGO CO NEW PERP PFD CNV A WFC 7.5 PERP L	WFC 7.5 PERP L	3,120	$3.7m0.32%	0.32%	Reduced -105	-105 -3.3%
58	MERCK & CO INC COM MRK	MRK	43,807	$3.5m0.30%	0.30%	Reduced -2.9k	-2,858 -6.1%
59	COCA COLA CO COM KO	KO	46,877	$3.3m0.29%	0.29%	Added +879	+879 1.9%
60	PEMBINA PIPELINE CORP COM PBA	PBA	87,420	$3.3m0.28%	0.28%	Reduced -2.4k	-2,449 -2.7%
61	BLACKROCK CR ALLOCATION INCO COM BTZ	BTZ	266,474	$2.9m0.25%	0.25%	Reduced -2.0k	-2,021 -0.8%
62	CLEARBRIDGE ENERGY MIDSTRM O COM EMO	EMO	52,355	$2.5m0.22%	0.22%	Added +6.4k	+6,423 14.0%
63	MILLROSE PPTYS INC COM CL A MRP	MRP	87,392	$2.5m0.22%	0.22%	New
64	WELLTOWER INC COM WELL	WELL	16,070	$2.5m0.21%	0.21%	Reduced -305	-305 -1.9%
65	BLACKROCK FLOATING RATE INCO COM XFRAX	XFRAX	187,817	$2.5m0.21%	0.21%	Added +15.7k	+15,662 9.1%
66	XCEL ENERGY INC COM XEL	XEL	35,708	$2.4m0.21%	0.21%	Reduced -800	-800 -2.2%
67	NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT NZF	NZF	199,882	$2.4m0.21%	0.21%	Added +9.6k	+9,580 5.0%
68	UBER TECHNOLOGIES INC COM UBER	UBER	25,262	$2.4m0.20%	0.20%	Added +10.9k	+10,897 75.9%
69	KAYNE ANDERSON ENERGY INFRST COM KYN	KYN	175,428	$2.2m0.19%	0.19%	Added +24.2k	+24,219 16.0%
70	ISHARES TR CORE US AGGBD ET AGG	AGG	22,442	$2.2m0.19%	0.19%	Reduced -620	-620 -2.7%
71	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	3	$2.2m0.19%	0.19%	Unchanged
72	JPMORGAN CHASE & CO COM JPM	JPM	7,254	$2.1m0.18%	0.18%	Added +229	+229 3.3%
73	ORACLE CORP COM ORCL	ORCL	9,006	$2.0m0.17%	0.17%	Added +75	+75 0.8%
74	SCHLUMBERGER LTD COM STK SLB	SLB	57,253	$1.9m0.17%	0.17%	Reduced -774	-774 -1.3%
75	BANK AMERICA CORP 7.25%CNV PFD L BAC 7.25 PERP L	BAC 7.25 PERP L	1,591	$1.9m0.17%	0.17%	Reduced -8	-8 -0.5%
76	THE CIGNA GROUP COM CI	CI	5,715	$1.9m0.16%	0.16%	Added +32	+32 0.6%
77	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	6,291	$1.9m0.16%	0.16%	Added +101	+101 1.6%
78	RLJ LODGING TR CUM CONV PFD A RLJ 1.95 PERP A	RLJ 1.95 PERP A	74,333	$1.8m0.15%	0.15%	Unchanged
79	BROOKFIELD RENEWABLE CORP CL A EX SUB VTG BEPC	BEPC	53,420	$1.8m0.15%	0.15%	Added +8.2k	+8,215 18.2%
80	BANK NEW YORK MELLON CORP COM BNY	BNY	18,718	$1.7m0.15%	0.15%	Unchanged
81	JOHNSON & JOHNSON COM JNJ	JNJ	10,875	$1.7m0.14%	0.14%	Reduced -108	-108 -1.0%
82	BROOKFIELD RENEWABLE PARTNER PARTNERSHIP UNIT BEP	BEP	64,409	$1.6m0.14%	0.14%	Reduced -1.7k	-1,652 -2.5%
83	ISHARES TR RUS 1000 GRW ETF IWF	IWF	3,762	$1.6m0.14%	0.14%	Unchanged
84	DANAHER CORPORATION COM DHR	DHR	7,318	$1.4m0.12%	0.12%	Added +72	+72 1.0%
85	MARSH & MCLENNAN COS INC COM MRSH	MRSH	6,472	$1.4m0.12%	0.12%	Added +23	+23 0.4%
86	ISHARES TR SHORT TREAS BD SHV	SHV	11,405	$1.3m0.11%	0.11%	Reduced -2.2k	-2,205 -16.2%
87	EXXON MOBIL CORP COM XOM	XOM	11,557	$1.2m0.11%	0.11%	Added +379	+379 3.4%
88	WALMART INC COM WMT	WMT	12,613	$1.2m0.11%	0.11%	Added +20	+20 0.2%
89	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	2,078	$1.2m0.10%	0.10%	Unchanged
90	ISHARES TR CORE S&P MCP ETF IJH	IJH	18,354	$1.1m0.10%	0.10%	Added +116	+116 0.6%
91	ADOBE INC COM ADBE	ADBE	2,779	$1.1m0.09%	0.09%	Added +263	+263 10.4%
92	NOVO-NORDISK A S ADR NVO	NVO	15,190	$1.0m0.09%	0.09%	Reduced -536	-536 -3.4%
93	HOME DEPOT INC COM HD	HD	2,788	$1.0m0.09%	0.09%	Added +276	+276 11.0%
94	GOLUB CAP BDC INC COM GBDC	GBDC	69,215	$1.0m0.09%	0.09%	Reduced -1.0k	-1,000 -1.4%
95	CONSOLIDATED EDISON INC COM ED	ED	9,781	$981.6k0.08%	0.08%	Unchanged
96	WEYERHAEUSER CO MTN BE COM NEW WY	WY	36,736	$943.7k0.08%	0.08%	Reduced -3.8k	-3,782 -9.3%
97	ISHARES TR SHRT NAT MUN ETF SUB	SUB	8,853	$941.4k0.08%	0.08%	Added +5.9k	+5,868 196.6%
98	CSX CORP COM CSX	CSX	27,750	$905.5k0.08%	0.08%	Unchanged
99	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	2,689	$829.3k0.07%	0.07%	Reduced -11	-11 -0.4%
100	CHEVRON CORP NEW COM CVX	CVX	5,693	$815.2k0.07%	0.07%	Unchanged

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
BCE INC BCE	BCE	55,542	$1.3m55.5k shares
GLOBAL X FDS BOTZ	BOTZ	9,821	$279.5k9.8k shares
UNITEDHEALTH GROUP INC UNH	UNH	530	$277.6k530 shares
FORTIVE CORP FTV	FTV	2,957	$216.4k3.0k shares