Buttonwood Financial Advisors Inc.

Name: Buttonwood Financial Advisors Inc. 13F holdings, Q1 2024
Creator: Buttonwood Financial Advisors Inc.
Published: 2024-04-24

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 24, 2024), Buttonwood Financial Advisors Inc. reported 103 stock positions worth $212.7 million. Its top holding was Vaneck Morningstar Wide Moat (MOAT) at 8.2% of the portfolio, followed by Microsoft (MSFT, 5.9%) and Fidelity MSCI Health Care (FHLC, 5.6%). Compared with Q4 2023, it opened 6 new positions, sold out of 2, added to 22 and reduced 66. The biggest buy was a new position in Arrow Electronics (ARW) and the biggest sale an exit from Warner Bros Discovery (WBD).

Most Recent 13F: Q2 2026
Location: BALTIMORE, MD
CIK: 0001904033
Portfolio Value: $212.7M (Q1 2024)
SEC Filing: 0001904033-24-000002 ↗ filed Apr 24, 2024

Holdings Value

Holdings 103 stocks · $212.7M


MOAT Vaneck Morningstar Wide Moat	8.24%	194,827	$17.5M	Add +5.0%
MSFT Microsoft Corp.	5.91%	29,894	$12.6M	Reduce -4.3%
FHLC Fidelity MSCI Health Care	5.62%	171,337	$12.0M	Add +17.5%
BRK.B Berkshire Hathaway Inc. Class B	4.63%	23,402	$9.8M	Add +2.4%
GOOGL Alphabet Inc. Class A	4.54%	63,991	$9.7M	Add +4.6%
META Meta Platforms Inc. Class A	4.43%	19,392	$9.4M	Reduce -3.4%
FBND Fidelity Total Bond ETF	3.98%	187,042	$8.5M	Add +28.4%
ISTB iShares Core 1-5 Year Usd Bo	3.10%	139,144	$6.6M	Add +6.0%
BUD Anheuser-Busch Inbev-SPN ADR	2.14%	74,918	$4.6M	Add +8.5%
V Visa Inc. Class A	2.11%	16,048	$4.5M	Reduce -0.8%
SHY iShares 1-3 Year Treasury Bo	2.08%	54,092	$4.4M	Add +9.5%
AMZN Amazon.com Inc.	2.02%	23,814	$4.3M	Reduce -0.4%
MCHP Microchip Technology Inc.	1.91%	45,220	$4.1M	Add +11.2%
MKL Markel Group Inc.	1.83%	2,562	$3.9M	Add +28.6%
VIGI Vanguard Int Div App Indx FD	1.80%	47,014	$3.8M	Add +116.6%
CNQ Canadian Natural Resources	1.72%	47,927	$3.7M	Add +12.0%
VIG Vanguard Dividend Apprec ETF	1.70%	19,773	$3.6M	Reduce -1.1%
DFAC Dimensional US Core Equity 2	1.56%	104,110	$3.3M	Reduce -0.4%
XOM Exxon Mobil Corp.	1.54%	28,176	$3.3M	Add +13.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO	1.52%	26,396	$3.2M	Add +10.0%
SCHW Schwab (charles) Corp.	1.49%	43,787	$3.2M	Add +20.2%
KVUE Kenvue Inc.	1.37%	135,653	$2.9M	Add +13.0%
ARW Arrow Electronics Inc.	1.26%	20,683	$2.7M	New
EMR Emerson Electric Co.	1.26%	23,595	$2.7M	Reduce -3.1%
HD Home Depot Inc.	1.26%	6,960	$2.7M	Reduce -3.3%
ITOT iShares Core S&P Total U.S.	1.24%	22,951	$2.6M	Reduce -1.3%
AAPL Apple Inc.	1.22%	15,094	$2.6M	Reduce -4.8%
AMAT Applied Materials Inc.	1.19%	12,244	$2.5M	Reduce -1.0%
AXP American Express Co.	1.18%	10,984	$2.5M	Reduce -0.6%
SBUX Starbucks Corp.	1.08%	25,193	$2.3M	Reduce -0.5%
FISV Fiserv Inc.	1.07%	14,264	$2.3M	Reduce -2.8%
ACN Accenture PLC Class A	1.00%	6,151	$2.1M	Reduce -1.5%
MMM 3M Co.	0.88%	17,659	$1.9M	Add +13.1%
MGC Vngrd Mrngstr MG Cap ETF-Usd	0.83%	9,493	$1.8M	Reduce -2.9%
BKNG Booking Holdings Inc.	0.77%	449	$1.6M	Reduce -2.6%
MCD McDonald's Corp.	0.76%	5,739	$1.6M	Reduce -2.3%
LOW Lowe's Cos Inc.	0.71%	5,942	$1.5M	Reduce -0.1%
KMX Carmax Inc.	0.70%	17,100	$1.5M	Reduce -2.2%
PEP Pepsico Inc.	0.68%	8,210	$1.4M	Add +43.3%
PG The Procter & Gamble Co.	0.67%	8,834	$1.4M	Reduce -4.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.61%	34,389	$1.3M	Reduce -0.8%
NFLX Netflix Inc.	0.61%	2,144	$1.3M	Reduce -0.9%
BLK BlackRock Finance Inc.	0.58%	1,471	$1.2M	Reduce -1.5%
LMT Lockheed Martin Corp.	0.56%	2,627	$1.2M	Add +70.9%
IJH iShares Core S&P Midcap ETF	0.55%	19,395	$1.2M	Reduce -2.1%
JPM JPMorgan Chase & Co.	0.55%	5,834	$1.2M	Reduce -1.1%
UNH Unitedhealth Group Inc.	0.50%	2,132	$1.1M	Reduce -3.9%
COST Costco Wholesale Corp.	0.48%	1,388	$1.0M	Reduce -13.1%
GE General Electric	0.48%	5,761	$1.0M	Reduce -2.6%
D Dominion Energy Inc.	0.47%	20,449	$1.0M	Add +10.0%
ICE Intercontinental Exchange Inc.	0.43%	6,731	$925K	Reduce -2.8%
AMT American Tower Corp.	0.42%	4,498	$889K	Reduce -3.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.40%	15,455	$847K	Reduce -2.3%
WSM Williams-Sonoma Inc.	0.36%	2,438	$774K	Reduce -9.1%
KO The Coca-Cola Co.	0.36%	12,470	$763K	Reduce -1.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.34%	2,894	$723K	No change
UPS United Parcel Service Class B	0.33%	4,731	$703K	Reduce -0.1%
DEO Diageo PLC-Sponsored ADR	0.32%	4,588	$682K	New
ROK Rockwell Automation Inc.	0.31%	2,286	$666K	New
MGK Vngrd Mrgstr MG CP GR ETF-Ui	0.30%	2,229	$639K	Add +0.5%
PYPL PayPal Holdings Inc.	0.29%	9,254	$620K	Reduce -2.6%
IJR iShares Core S&P Small-Cap E	0.29%	5,580	$617K	Reduce -4.9%
SPY SS SPDR S&P 500 ETF Trust-US	0.29%	1,176	$615K	Reduce -0.3%
GD General Dynamics Corp.	0.29%	2,167	$612K	Reduce -1.2%
ABBV Abbvie Inc.	0.29%	3,351	$610K	Reduce -17.5%
SYK Stryker Corp.	0.29%	1,696	$607K	Reduce -1.9%
SPGI S&P Global Inc.	0.29%	1,425	$606K	Reduce -1.3%
IWB iShares Russell 1000 ETF	0.28%	2,086	$601K	Reduce -3.1%
VB Vanguard Most SM-Cap ETF-Usd	0.26%	2,397	$548K	Reduce -3.0%
ABT Abbott Laboratories	0.26%	4,773	$542K	Reduce -11.8%
JNJ Johnson & Johnson	0.25%	3,408	$539K	Reduce -16.3%
WMT Walmart Inc.	0.25%	8,796	$529K	Reduce -3.0%
VTI VG Morningstar TS MKT ETF-US	0.24%	1,942	$505K	Reduce -0.5%
ADP Automatic Data Processing	0.24%	2,004	$501K	Reduce -0.7%
ARES Ares Management Corp. Class A	0.22%	3,493	$465K	Reduce -8.4%
VGSH Vanguard Short-Term Treasury	0.22%	7,988	$464K	Reduce -6.5%
GOOG Alphabet Inc. Class C	0.21%	2,992	$456K	No change
EBAY eBay Inc.	0.20%	8,245	$435K	Reduce -3.7%
VOE Vngrd Mrngstr MD-Cap Val ETF	0.20%	2,688	$419K	Add +21.7%
IVV iShares Core S&P 500 ETF	0.19%	752	$395K	Reduce -1.2%
DUK Duke Energy Corp.	0.18%	4,042	$391K	Reduce -22.0%
VUG Vanguard Mrngstar GR ETF-Sui	0.18%	1,130	$389K	No change
MKC McCormick & Co.-Non VTG SHRS	0.18%	4,924	$378K	Reduce -1.5%
SO The Southern Co.	0.18%	5,213	$374K	Reduce -5.7%
SOXX iShares Semiconductor ETF	0.16%	1,544	$349K	Reduce -0.6%
ETN Eaton Corp. PLC	0.15%	1,000	$313K	No change
ORCL Oracle Corp.	0.14%	2,381	$299K	Reduce -3.2%
EXPD Expeditors Intl Wash Inc.	0.14%	2,382	$290K	Reduce -12.7%
BA The Boeing Co.	0.13%	1,465	$283K	Reduce -4.3%
NEE Nextera Energy Inc.	0.13%	4,395	$281K	Reduce -0.5%
YUM Yum! Brands Inc.	0.13%	1,955	$271K	No change
GNTX Gentex Corp.	0.13%	7,386	$267K	Reduce -16.5%
NVDA Nvidia Corp.	0.12%	293	$265K	New
GPC Genuine Parts Co.	0.12%	1,655	$256K	No change
MDLZ Mondelez International Inc. Class A	0.11%	3,400	$238K	No change
USB US Bancorp	0.11%	5,321	$238K	Reduce -1.4%
RTX RTX Corp.	0.11%	2,405	$235K	No change
NVS Novartis AG-Sponsored ADR	0.11%	2,330	$225K	Reduce -16.0%
CL Colgate-Palmolive Co.	0.10%	2,475	$223K	New
PFE Pfizer Inc.	0.10%	7,976	$221K	Reduce -16.3%
IJJ iShares S&P Mid-Cap 400 Valu	0.10%	1,798	$213K	No change
WFC Wells Fargo & Co.	0.10%	3,519	$204K	New
FFA First Trust Enhan Eqty Inc.	0.09%	10,458	$198K	Reduce -9.6%

Portfolio Sells Q4 2023 → Q1 2024


WBD Warner Bros Discovery Inc.	Sold out	0.00%	−0.55
MSFT Microsoft Corp.	Reduce -4.3%	5.91%	−0.49
AAPL Apple Inc.	Reduce -4.8%	1.22%	−0.45
SBUX Starbucks Corp.	Reduce -0.5%	1.08%	−0.24
ACN Accenture PLC Class A	Reduce -1.5%	1.00%	−0.19
V Visa Inc. Class A	Reduce -0.8%	2.11%	−0.19
MCD McDonald's Corp.	Reduce -2.3%	0.76%	−0.19
VIG Vanguard Dividend Apprec ETF	Reduce -1.1%	1.70%	−0.16
UNH Unitedhealth Group Inc.	Reduce -3.9%	0.50%	−0.14
CSCO Cisco Systems Inc.	Sold out	0.00%	−0.14
AMT American Tower Corp.	Reduce -3.6%	0.42%	−0.13
BKNG Booking Holdings Inc.	Reduce -2.6%	0.77%	−0.12
HD Home Depot Inc.	Reduce -3.3%	1.26%	−0.10
DFAC Dimensional US Core Equity 2	Reduce -0.4%	1.56%	−0.10
COST Costco Wholesale Corp.	Reduce -13.1%	0.48%	−0.10
JNJ Johnson & Johnson	Reduce -16.3%	0.25%	−0.09
DUK Duke Energy Corp.	Reduce -22.0%	0.18%	−0.09
ITOT iShares Core S&P Total U.S.	Reduce -1.3%	1.24%	−0.09
BLK BlackRock Finance Inc.	Reduce -1.5%	0.58%	−0.08
BA The Boeing Co.	Reduce -4.3%	0.13%	−0.08
UPS United Parcel Service Class B	Reduce -0.1%	0.33%	−0.08
ABT Abbott Laboratories	Reduce -11.8%	0.26%	−0.07
MGC Vngrd Mrngstr MG Cap ETF-Usd	Reduce -2.9%	0.83%	−0.07
PG The Procter & Gamble Co.	Reduce -4.5%	0.67%	−0.06
SPGI S&P Global Inc.	Reduce -1.3%	0.29%	−0.06
ABBV Abbvie Inc.	Reduce -17.5%	0.29%	−0.06
IJR iShares Core S&P Small-Cap E	Reduce -4.9%	0.29%	−0.06
VGSH Vanguard Short-Term Treasury	Reduce -6.5%	0.22%	−0.05
EXPD Expeditors Intl Wash Inc.	Reduce -12.7%	0.14%	−0.05
SLB SLB Ltd.	Reduce -2.3%	0.40%	−0.05
ICE Intercontinental Exchange Inc.	Reduce -2.8%	0.43%	−0.05
KO The Coca-Cola Co.	Reduce -1.8%	0.36%	−0.05
NVS Novartis AG-Sponsored ADR	Reduce -16.0%	0.11%	−0.05
PFE Pfizer Inc.	Reduce -16.3%	0.10%	−0.05
IJH iShares Core S&P Midcap ETF	Reduce -2.1%	0.55%	−0.04
SO The Southern Co.	Reduce -5.7%	0.18%	−0.04
EMR Emerson Electric Co.	Reduce -3.1%	1.26%	−0.03
GNTX Gentex Corp.	Reduce -16.5%	0.13%	−0.03
KMX Carmax Inc.	Reduce -2.2%	0.70%	−0.03
VB Vanguard Most SM-Cap ETF-Usd	Reduce -3.0%	0.26%	−0.03
ARES Ares Management Corp. Class A	Reduce -8.4%	0.22%	−0.03
PYPL PayPal Holdings Inc.	Reduce -2.6%	0.29%	−0.03
IWB iShares Russell 1000 ETF	Reduce -3.1%	0.28%	−0.03
BAC Bank of America Corp.	Reduce -0.8%	0.61%	−0.02
GD General Dynamics Corp.	Reduce -1.2%	0.29%	−0.02
FFA First Trust Enhan Eqty Inc.	Reduce -9.6%	0.09%	−0.02
ADP Automatic Data Processing	Reduce -0.7%	0.24%	−0.02
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -0.3%	0.29%	−0.02
USB US Bancorp	Reduce -1.4%	0.11%	−0.02
VTI VG Morningstar TS MKT ETF-US	Reduce -0.5%	0.24%	−0.02

Portfolio Buys Q4 2023 → Q1 2024


ARW Arrow Electronics Inc.	New	1.26%	+1.26
VIGI Vanguard Int Div App Indx FD	Add +116.6%	1.80%	+0.86
FHLC Fidelity MSCI Health Care	Add +17.5%	5.62%	+0.48
DIS The Walt Disney Co.	Add +10.0%	1.52%	+0.34
FBND Fidelity Total Bond ETF	Add +28.4%	3.98%	+0.33
DEO Diageo PLC-Sponsored ADR	New	0.32%	+0.32
ROK Rockwell Automation Inc.	New	0.31%	+0.31
MKL Markel Group Inc.	Add +28.6%	1.83%	+0.29
CNQ Canadian Natural Resources	Add +12.0%	1.72%	+0.19
BRK.B Berkshire Hathaway Inc. Class B	Add +2.4%	4.63%	+0.18
LMT Lockheed Martin Corp.	Add +70.9%	0.56%	+0.18
XOM Exxon Mobil Corp.	Add +13.1%	1.54%	+0.18
PEP Pepsico Inc.	Add +43.3%	0.68%	+0.15
NVDA Nvidia Corp.	New	0.12%	+0.12
SCHW Schwab (charles) Corp.	Add +20.2%	1.49%	+0.12
CL Colgate-Palmolive Co.	New	0.10%	+0.10
WFC Wells Fargo & Co.	New	0.10%	+0.10
VOE Vngrd Mrngstr MD-Cap Val ETF	Add +21.7%	0.20%	+0.02
D Dominion Energy Inc.	Add +10.0%	0.47%	−0.00
MGK Vngrd Mrgstr MG CP GR ETF-Ui	Add +0.5%	0.30%	−0.01
KVUE Kenvue Inc.	Add +13.0%	1.37%	−0.04
MMM 3M Co.	Add +13.1%	0.88%	−0.05
MCHP Microchip Technology Inc.	Add +11.2%	1.91%	−0.09
GOOGL Alphabet Inc. Class A	Add +4.6%	4.54%	−0.12
SHY iShares 1-3 Year Treasury Bo	Add +9.5%	2.08%	−0.13
BUD Anheuser-Busch Inbev-SPN ADR	Add +8.5%	2.14%	−0.29
ISTB iShares Core 1-5 Year Usd Bo	Add +6.0%	3.10%	−0.30
MOAT Vaneck Morningstar Wide Moat	Add +5.0%	8.24%	−0.35

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	110	$328.7M	MOAT, GOOGL, FBND, FHLC, VIGI
Q1 2026	108	$298.8M	MOAT, FBND, GOOGL, ISTB, FHLC
Q4 2025	104	$300.0M	MOAT, GOOGL, FBND, FHLC, ISTB
Q3 2025	103	$290.5M	MOAT, GOOGL, FBND, FHLC, MSFT
Q2 2025	99	$249.1M	MOAT, MSFT, FBND, FHLC, GOOGL
Q1 2025	96	$227.5M	MOAT, FBND, FHLC, BRK.B, GOOGL
Q4 2024	97	$227.5M	MOAT, GOOGL, FHLC, FBND, MSFT
Q3 2024	96	$229.3M	MOAT, FHLC, MSFT, FBND, BRK.B
Q2 2024	99	$211.9M	MOAT, MSFT, FHLC, GOOGL, FBND
Q1 2024	103	$212.7M	MOAT, MSFT, FHLC, BRK.B, GOOGL