Buttonwood Financial Advisors Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 21, 2025), Buttonwood Financial Advisors Inc. reported 103 stock positions worth $290.5 million. Its top holding was Vaneck Morningstar Wide Moat (MOAT) at 10.2% of the portfolio, followed by Alphabet Class A (GOOGL, 6.1%) and Fidelity Total Bond ETF (FBND, 6.0%). Compared with Q2 2025, it opened 4 new positions, added to 29 and reduced 56. The biggest buy was Alphabet Class A (GOOGL, shares +6%) and the biggest sale Meta Platforms Class A (META, shares −6%).

Most Recent 13F
Q2 2026
Location
BALTIMORE, MD
CIK
0001904033
Portfolio Value
$290.5M (Q3 2025)
SEC Filing
0001904033-25-000006 ↗ filed Oct 21, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $212.7M Q1 2024 Q2 2024: $211.9M Q2 2024 Q3 2024: $229.3M Q3 2024 Q4 2024: $227.5M Q4 2024 Q1 2025: $227.5M Q1 2025 Q2 2025: $249.1M Q2 2025 Q3 2025: $290.5M $290.5M Q3 2025 Q4 2025: $300.0M Q4 2025 Q1 2026: $298.8M Q1 2026 Q2 2026: $328.7M Q2 2026

Holdings 103 stocks · $290.5M
MOAT Vaneck Morningstar Wide Moat 10.19% 298,563 $29.6M Add +11.7%
GOOGL Alphabet Inc. Class A 6.13% 73,181 $17.8M Add +6.3%
FBND Fidelity Total Bond ETF 6.00% 377,015 $17.4M Add +39.3%
FHLC Fidelity MSCI Health Care 4.92% 213,775 $14.3M Add +12.7%
MSFT Microsoft Corp. 4.77% 26,759 $13.9M Reduce -1.0%
ISTB iShares Core 1-5 Year Usd Bo 4.42% 262,762 $12.8M Add +40.2%
BRK.B Berkshire Hathaway Inc. Class B 4.00% 23,117 $11.6M Add +7.5%
META Meta Platforms Inc. Class A 3.75% 14,846 $10.9M Reduce -6.0%
VIGI Vanguard Int Div App Indx FD 3.65% 118,261 $10.6M Add +21.0%
SHY iShares 1-3 Year Treasury Bo 2.65% 92,882 $7.7M Add +24.4%
ARW Arrow Electronics Inc. 2.50% 59,890 $7.2M Add +5.3%
MKL Markel Group Inc. 2.33% 3,540 $6.8M Add +14.0%
MCHP Microchip Technology Inc. 2.07% 93,427 $6.0M Reduce -11.0%
AMZN Amazon.com Inc. 2.04% 26,973 $5.9M Add +9.0%
FISV Fiserv Inc. 1.83% 41,130 $5.3M Add +242.1%
V Visa Inc. Class A 1.72% 14,623 $5.0M Reduce -1.0%
SCHW Schwab (charles) Corp. 1.41% 42,979 $4.1M Reduce -1.1%
AAPL Apple Inc. 1.30% 14,776 $3.8M Reduce -0.5%
TER Teradyne Inc. 1.27% 26,807 $3.7M Add +20.4%
VIG Vanguard Dividend Apprec ETF 1.26% 16,961 $3.7M Reduce -3.1%
CNQ Canadian Natural Resources 1.26% 114,153 $3.6M Add +9.9%
XOM Exxon Mobil Corp. 1.21% 31,117 $3.5M Add +9.8%
BUD Anheuser-Busch Inbev-SPN ADR 1.20% 58,679 $3.5M Reduce -14.3%
DFAC Dimensional US Core Equity 2 1.17% 88,260 $3.4M No change
BN Brookfield Corp. 1.15% 48,887 $3.4M Add +16.1%
ASML ASML Holding NV-NY Reg SHS 1.13% 3,403 $3.3M New
ITOT iShares Core S&P Total U.S. 1.05% 20,939 $3.0M Reduce -2.2%
AMAT Applied Materials Inc. 1.00% 14,176 $2.9M Add +11.0%
AXP American Express Co. 0.99% 8,684 $2.9M Reduce -8.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.93% 23,593 $2.7M Reduce -4.2%
HD Home Depot Inc. 0.84% 5,991 $2.4M Reduce -0.8%
NFLX Netflix Inc. 0.80% 1,932 $2.3M Reduce -1.7%
EMR Emerson Electric Co. 0.76% 16,900 $2.2M Reduce -6.1%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.76% 9,037 $2.2M Reduce -2.8%
SBUX Starbucks Corp. 0.71% 24,343 $2.1M Reduce -3.9%
PEP Pepsico Inc. 0.69% 14,227 $2.0M Add +32.0%
LMT Lockheed Martin Corp. 0.62% 3,634 $1.8M Add +44.2%
VTI VG Morningstar TS MKT ETF-US 0.55% 4,830 $1.6M Add +67.1%
IT Gartner Inc. 0.54% 6,013 $1.6M New
BLK BlackRock Inc. 0.51% 1,274 $1.5M Reduce -2.1%
HSY The Hershey Co. 0.50% 7,706 $1.4M Add +106.7%
LOW Lowe's Cos Inc. 0.50% 5,730 $1.4M Reduce -0.4%
ACN Accenture PLC Class A 0.50% 5,831 $1.4M Reduce -0.2%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.49% 8,125 $1.4M Add +13.4%
MCD McDonald's Corp. 0.47% 4,471 $1.4M Reduce -0.7%
GE General Electric filed as GE AEROSPACE 0.45% 4,300 $1.3M Reduce -5.9%
IJH iShares Core S&P Midcap ETF 0.40% 17,870 $1.2M Reduce -0.1%
SPGI S&P Global Inc. 0.37% 2,225 $1.1M Add +56.3%
JPM JPMorgan Chase & Co. 0.37% 3,408 $1.1M Reduce -1.1%
BKNG Booking Holdings Inc. 0.36% 196 $1.1M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.34% 1,483 $988K Add +5.0%
COST Costco Wholesale Corp. 0.34% 1,065 $985K Reduce -4.8%
MMM 3M Co. 0.33% 6,167 $957K Reduce -0.0%
GOOG Alphabet Inc. Class C 0.30% 3,627 $883K Reduce -0.9%
PG The Procter & Gamble Co. 0.30% 5,715 $878K Reduce -12.2%
ICE Intercontinental Exchange Inc. 0.30% 5,201 $876K Reduce -1.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.29% 1,739 $834K Reduce -1.4%
STZ Constellation Brands Inc. Class A 0.28% 6,114 $823K Add +195.5%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.27% 1,978 $796K Reduce -2.8%
CSGP Costar Group Inc. 0.27% 9,240 $780K Add +72.3%
IWB iShares Russell 1000 ETF 0.26% 2,103 $769K Reduce -3.4%
ABBV Abbvie Inc. 0.26% 3,209 $743K Reduce -3.0%
GD General Dynamics Corp. 0.24% 2,070 $706K Reduce -1.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.24% 13,476 $695K Reduce -1.9%
GEV GE Vernova Inc. 0.24% 1,125 $692K Reduce -5.9%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.23% 2,313 $679K Reduce -3.6%
WSM Williams-Sonoma Inc. 0.23% 3,357 $656K Reduce -1.5%
SYK Stryker Corp. 0.21% 1,672 $618K Reduce -0.8%
ORCL Oracle Corp. 0.20% 2,079 $585K Reduce -8.9%
AMT American Tower Corp. 0.20% 3,019 $581K Add +0.1%
JNJ Johnson & Johnson 0.20% 3,090 $573K No change
UNH Unitedhealth Group Inc. 0.18% 1,513 $522K Reduce -2.0%
KO The Coca-Cola Co. 0.18% 7,865 $522K Reduce -5.5%
IVV iShares Core S&P 500 ETF 0.18% 767 $513K Reduce -7.8%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.18% 14,838 $510K Reduce -0.3%
GPC Genuine Parts Co. 0.17% 3,623 $502K No change
DEO Diageo PLC-Sponsored ADR 0.16% 4,974 $475K Reduce -5.1%
PYPL PayPal Holdings Inc. 0.16% 6,977 $468K Reduce -2.4%
ADP Automatic Data Processing 0.15% 1,534 $450K Reduce -11.5%
EBAY eBay Inc. 0.15% 4,884 $444K Reduce -1.3%
SOXX iShares Semiconductor ETF 0.14% 1,541 $418K No change
NVDA Nvidia Corp. 0.14% 2,207 $412K Add +4.7%
IJR iShares Core S&P Small-Cap E 0.14% 3,450 $410K Reduce -1.1%
ABT Abbott Laboratories 0.13% 2,865 $384K Reduce -3.6%
RTX RTX Corp. 0.13% 2,184 $366K Reduce -1.4%
ARES Ares Management Corp. Class A 0.12% 2,217 $355K No change
WMT Walmart Inc. 0.12% 3,302 $340K Reduce -3.0%
IWF iShares Russell 1000 Growth 0.12% 725 $340K No change
CPRT Copart Inc. 0.12% 7,530 $339K New
COF Capital One Financial Corp. 0.11% 1,494 $318K No change
UPS United Parcel Service Class B 0.11% 3,716 $310K Reduce -2.7%
HII Huntington Ingalls Industrie 0.10% 1,049 $302K No change
CEG Constellation Energy 0.10% 882 $290K No change
YUM Yum! Brands Inc. 0.10% 1,900 $289K No change
IBDR iShares Ibonds Dec 2026 Term 0.10% 11,761 $286K No change
VB Vanguard Most SM-Cap ETF-Usd 0.10% 1,123 $286K Add +6.0%
DUK Duke Energy Corp. 0.10% 2,286 $283K Reduce -1.7%
EXPD Expeditors Intl Wash Inc. 0.09% 2,165 $265K No change
KVUE Kenvue Inc. 0.09% 15,744 $256K Reduce -27.1%
SO The Southern Co. 0.08% 2,600 $246K No change

Show all 103 holdings

Portfolio Sells Q2 2025 → Q3 2025
META Meta Platforms Inc. Class A Reduce -6.0% 3.75% −0.93
MCHP Microchip Technology Inc. Reduce -11.0% 2.07% −0.90
BUD Anheuser-Busch Inbev-SPN ADR Reduce -14.3% 1.20% −0.68
MSFT Microsoft Corp. Reduce -1.0% 4.77% −0.63
V Visa Inc. Class A Reduce -1.0% 1.72% −0.39
DIS The Walt Disney Co. Reduce -4.2% 0.93% −0.30
NFLX Netflix Inc. Reduce -1.7% 0.80% −0.26
SBUX Starbucks Corp. Reduce -3.9% 0.71% −0.22
AXP American Express Co. Reduce -8.0% 0.99% −0.22
ACN Accenture PLC Class A Reduce -0.2% 0.50% −0.21
EMR Emerson Electric Co. Reduce -6.1% 0.76% −0.20
SCHW Schwab (charles) Corp. Reduce -1.1% 1.41% −0.18
VIG Vanguard Dividend Apprec ETF Reduce -3.1% 1.26% −0.18
PG The Procter & Gamble Co. Reduce -12.2% 0.30% −0.11
ITOT iShares Core S&P Total U.S. Reduce -2.2% 1.05% −0.11
COST Costco Wholesale Corp. Reduce -4.8% 0.34% −0.11
KVUE Kenvue Inc. Reduce -27.1% 0.09% −0.09
ICE Intercontinental Exchange Inc. Reduce -1.3% 0.30% −0.09
MGC Vngrd Mrngstr MG Cap ETF-Usd Reduce -2.8% 0.76% −0.08
MCD McDonald's Corp. Reduce -0.7% 0.47% −0.06
ADP Automatic Data Processing Reduce -11.5% 0.15% −0.06
KO The Coca-Cola Co. Reduce -5.5% 0.18% −0.06
SYK Stryker Corp. Reduce -0.8% 0.21% −0.05
HD Home Depot Inc. Reduce -0.8% 0.84% −0.05
PYPL PayPal Holdings Inc. Reduce -2.4% 0.16% −0.05
DEO Diageo PLC-Sponsored ADR Reduce -5.1% 0.16% −0.05
UPS United Parcel Service Class B Reduce -2.7% 0.11% −0.05
MMM 3M Co. Reduce -0.0% 0.33% −0.05
IJH iShares Core S&P Midcap ETF Reduce -0.1% 0.40% −0.04
BLK BlackRock Inc. Reduce -2.1% 0.51% −0.04
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -3.6% 0.23% −0.04
IWB iShares Russell 1000 ETF Reduce -3.4% 0.26% −0.03
JPM JPMorgan Chase & Co. Reduce -1.1% 0.37% −0.03
IVV iShares Core S&P 500 ETF Reduce -7.8% 0.18% −0.03
ABT Abbott Laboratories Reduce -3.6% 0.13% −0.03
GE General Electric Reduce -5.9% 0.45% −0.03
SLB SLB Ltd. Reduce -0.3% 0.18% −0.03
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -2.8% 0.27% −0.02
VUG Vanguard Mrngstar GR ETF-Sui Reduce -1.4% 0.29% −0.02
BAC Bank of America Corp. Reduce -1.9% 0.24% −0.02
LOW Lowe's Cos Inc. Reduce -0.4% 0.50% −0.02
WMT Walmart Inc. Reduce -3.0% 0.12% −0.02
GEV GE Vernova Inc. Reduce -5.9% 0.24% −0.02
CSCO Cisco Systems Inc. Reduce -0.9% 0.07% −0.01
UNH Unitedhealth Group Inc. Reduce -2.0% 0.18% −0.01
DUK Duke Energy Corp. Reduce -1.7% 0.10% −0.01
IJR iShares Core S&P Small-Cap E Reduce -1.1% 0.14% −0.01
IJJ iShares S&P Mid-Cap 400 Valu Reduce -1.5% 0.08% −0.01
RTX RTX Corp. Reduce -1.4% 0.13% −0.00
GD General Dynamics Corp. Reduce -1.4% 0.24% −0.00

Portfolio Buys Q2 2025 → Q3 2025
GOOGL Alphabet Inc. Class A Add +6.3% 6.13% +1.26
ASML ASML Holding NV-NY Reg SHS New 1.13% +1.13
FBND Fidelity Total Bond ETF Add +39.3% 6.00% +1.03
FISV Fiserv Inc. Add +242.1% 1.83% +0.99
ISTB iShares Core 1-5 Year Usd Bo Add +40.2% 4.42% +0.76
IT Gartner Inc. New 0.54% +0.54
TER Teradyne Inc. Add +20.4% 1.27% +0.47
HSY The Hershey Co. Add +106.7% 0.50% +0.25
VTI VG Morningstar TS MKT ETF-US Add +67.1% 0.55% +0.19
SHY iShares 1-3 Year Treasury Bo Add +24.4% 2.65% +0.17
LMT Lockheed Martin Corp. Add +44.2% 0.62% +0.16
STZ Constellation Brands Inc. Class A Add +195.5% 0.28% +0.15
MOAT Vaneck Morningstar Wide Moat Add +11.7% 10.19% +0.13
CPRT Copart Inc. New 0.12% +0.12
PEP Pepsico Inc. Add +32.0% 0.69% +0.12
VIGI Vanguard Int Div App Indx FD Add +21.0% 3.65% +0.11
BN Brookfield Corp. Add +16.1% 1.15% +0.11
CSGP Costar Group Inc. Add +72.3% 0.27% +0.10
KLAC KLA Corp. New 0.08% +0.08
SPGI S&P Global Inc. Add +56.3% 0.37% +0.07
AMAT Applied Materials Inc. Add +11.0% 1.00% +0.06
FHLC Fidelity MSCI Health Care Add +12.7% 4.92% +0.05
VOE Vngrd Mrngstr MD-Cap Val ETF Add +13.4% 0.49% +0.02
NVDA Nvidia Corp. Add +4.7% 0.14% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +6.0% 0.10% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +5.0% 0.34% −0.01
XOM Exxon Mobil Corp. Add +9.8% 1.21% −0.02
CNQ Canadian Natural Resources Add +9.9% 1.26% −0.05
AMT American Tower Corp. Add +0.1% 0.20% −0.07
AMZN Amazon.com Inc. Add +9.0% 2.04% −0.14
MKL Markel Group Inc. Add +14.0% 2.33% −0.16
BRK.B Berkshire Hathaway Inc. Class B Add +7.5% 4.00% −0.19
ARW Arrow Electronics Inc. Add +5.3% 2.50% −0.42

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 110$328.7MMOAT, GOOGL, FBND, FHLC, VIGI
Q1 2026 108$298.8MMOAT, FBND, GOOGL, ISTB, FHLC
Q4 2025 104$300.0MMOAT, GOOGL, FBND, FHLC, ISTB
Q3 2025 103$290.5MMOAT, GOOGL, FBND, FHLC, MSFT
Q2 2025 99$249.1MMOAT, MSFT, FBND, FHLC, GOOGL
Q1 2025 96$227.5MMOAT, FBND, FHLC, BRK.B, GOOGL
Q4 2024 97$227.5MMOAT, GOOGL, FHLC, FBND, MSFT
Q3 2024 96$229.3MMOAT, FHLC, MSFT, FBND, BRK.B
Q2 2024 99$211.9MMOAT, MSFT, FHLC, GOOGL, FBND
Q1 2024 103$212.7MMOAT, MSFT, FHLC, BRK.B, GOOGL