MCF Advisors LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), MCF Advisors LLC reported 906 stock positions worth $1.4 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 20.3% of the portfolio, followed by iShares US Treasury Bond ETF (GOVT, 8.1%) and iShares Core MSCI Dev MKTS (IDEV, 7.8%). Compared with Q4 2024, it opened 46 new positions, sold out of 129, added to 165 and reduced 327. The biggest buy was iShares Flex I A ETF-Usd (BINC, shares +799%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- LEXINGTON, KY
- CIK
- 0001602905
- Portfolio Value
- $1.4B (Q1 2025)
- SEC Filing
- 0001602905-25-000003 ↗ filed May 6, 2025
Holdings Value
Holdings 906 stocks · $1.4B
| VOO Vanguard S&P 500 ETF | 20.31% | 549,522 | $282.4M | Reduce -0.2% |
| GOVT iShares US Treasury Bond ETF | 8.07% | 4,881,324 | $112.2M | Reduce -4.2% |
| IDEV iShares Core MSCI Dev MKTS | 7.77% | 1,568,484 | $108.1M | Reduce -1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.98% | 148,404 | $83.2M | Reduce -8.8% |
| SPSB SS SPDR P St C Corp. ETF | 5.05% | 2,331,592 | $70.2M | Reduce -1.7% |
| SCHO Schwab Short-Term US Treas | 4.99% | 2,849,066 | $69.3M | Reduce -2.7% |
| IEMG iShares Core MSCI Emerging | 4.85% | 1,250,412 | $67.5M | Reduce -0.9% |
| IJH iShares Core S&P Midcap ETF | 4.08% | 972,377 | $56.7M | Add +2.8% |
| IVV iShares Core S&P 500 ETF | 2.92% | 72,139 | $40.5M | Reduce -1.5% |
| USIG iShares Broad Usd Investment | 2.65% | 719,942 | $36.8M | Reduce -2.8% |
| IEFA iShares Core MSCI Eafe ETF | 2.37% | 435,001 | $32.9M | Reduce -1.1% |
| IJR iShares Core S&P Small-Cap E | 2.33% | 309,098 | $32.3M | Add +4.4% |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 1.43% | 925,881 | $19.9M | Reduce -3.7% |
| AAPL Apple Inc. | 1.38% | 86,058 | $19.1M | Reduce -3.2% |
| IBDQ iShares Ibonds Dec 2025 Term | 1.22% | 671,825 | $16.9M | Add +7.7% |
| SCHX Schwab US Large-Cap ETF | 0.98% | 616,631 | $13.6M | Reduce -2.8% |
| EFA iShares MSCI Eafe ETF | 0.90% | 152,514 | $12.5M | Reduce -12.9% |
| MDY State Street SPDR S&P Midcap | 0.84% | 21,764 | $11.6M | Reduce -5.1% |
| MSFT Microsoft Corp. | 0.83% | 30,693 | $11.5M | Reduce -2.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.80% | 29,987 | $11.1M | Reduce -0.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.75% | 113,066 | $10.4M | Add +40.7% |
| IWM iShares Russell 2000 ETF | 0.66% | 46,245 | $9.2M | Reduce -7.1% |
| IBDU iShares Ibonds Dec 2029 Term | 0.63% | 376,887 | $8.7M | Add +1.9% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.51% | 278,277 | $7.0M | Add +2.1% |
| IBDR iShares Ibonds Dec 2026 Term | 0.50% | 288,466 | $7.0M | Reduce -0.1% |
| PG The Procter & Gamble Co. | 0.50% | 40,934 | $7.0M | Reduce -1.2% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.47% | 271,551 | $6.6M | Add +18.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.46% | 36,818 | $6.4M | Add +90.7% |
| NVDA Nvidia Corp. | 0.43% | 54,569 | $5.9M | Reduce -4.2% |
| WSBC Wesbanco Inc. | 0.39% | 170,955 | $5.4M | No change |
| BINC iShares Flex I A ETF-Usd Inc. | 0.37% | 98,639 | $5.2M | Add +799.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.28% | 7,273 | $3.9M | Add +1.4% |
| VWO Vanguard Ftse Emerging Marke | 0.27% | 84,346 | $3.8M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 0.26% | 19,130 | $3.6M | Reduce -3.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.26% | 7,618 | $3.6M | Add +5.3% |
| V Visa Inc. Class A | 0.25% | 10,071 | $3.5M | Reduce -4.0% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.25% | 162,334 | $3.5M | Add +3.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.24% | 12,221 | $3.4M | Add +5.6% |
| JPM JPMorgan Chase & Co. | 0.23% | 13,019 | $3.2M | Reduce -2.0% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.22% | 144,657 | $3.0M | Add +4.3% |
| SPHY SS SPDR P High Yield ETF | 0.20% | 119,359 | $2.8M | Add +1.1% |
| META Meta Platforms Inc. Class A | 0.19% | 4,603 | $2.7M | Reduce -2.5% |
| HD Home Depot Inc. | 0.19% | 7,152 | $2.6M | Reduce -2.9% |
| GOOGL Alphabet Inc. Class A | 0.18% | 16,321 | $2.5M | Reduce -4.8% |
| XOM Exxon Mobil Corp. | 0.18% | 21,213 | $2.5M | Add +0.4% |
| IBDX iShares Ibonds Dec 2032 TC | 0.18% | 100,772 | $2.5M | Add +5.0% |
| JNJ Johnson & Johnson | 0.17% | 14,371 | $2.4M | Reduce -4.2% |
| MCO Moody's Corp. | 0.17% | 4,996 | $2.3M | Reduce -9.6% |
| AVGO Broadcom Inc. | 0.17% | 13,842 | $2.3M | Reduce -1.4% |
| IWP iShares Russell Mid-Cap Grow | 0.17% | 19,697 | $2.3M | Reduce -5.3% |
| MVIS Microvision Inc. | 0.17% | 1,851,660 | $2.3M | Add +88.2% |
| ABBV Abbvie Inc. | 0.16% | 10,796 | $2.3M | Reduce -0.8% |
| LLY Eli Lilly & Co. | 0.15% | 2,472 | $2.0M | Reduce -2.7% |
| HLMN Hillman Solutions Corp. | 0.15% | 230,338 | $2.0M | No change |
| CINF Cincinnati Financial Corp. | 0.14% | 12,956 | $1.9M | Reduce -1.9% |
| TYL Tyler Technologies Inc. | 0.13% | 3,182 | $1.8M | Reduce -2.9% |
| IBDY iShares Ibonds Dec 2033 Corp. | 0.13% | 72,151 | $1.8M | Add +6.6% |
| TMO Thermo Fisher Scientific Inc. | 0.12% | 3,400 | $1.7M | Reduce -3.3% |
| WMT Walmart Inc. | 0.12% | 19,135 | $1.7M | Reduce -4.1% |
| AMGN Amgen Inc. | 0.12% | 5,351 | $1.7M | Reduce -1.1% |
| FITB Fifth Third Bancorp | 0.12% | 42,053 | $1.7M | Reduce -1.8% |
| CSCO Cisco Systems Inc. | 0.11% | 25,060 | $1.5M | Reduce -1.9% |
| VYM Vanguard High DVD Yield ETF | 0.11% | 11,899 | $1.5M | Add +0.2% |
| CVX Chevron Corp. | 0.11% | 9,106 | $1.5M | Reduce -2.0% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.11% | 40,996 | $1.5M | No change |
| MCD McDonald's Corp. | 0.11% | 4,748 | $1.5M | Reduce -1.4% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.11% | 14,810 | $1.5M | Add +4.6% |
| MUB iShares National Muni Bond E | 0.10% | 13,543 | $1.4M | Reduce -46.0% |
| SPR Spirit Aerosystems Hold Class A | 0.10% | 41,228 | $1.4M | No change |
| NEE Nextera Energy Inc. | 0.10% | 19,697 | $1.4M | Reduce -7.1% |
| MRK Merck & Co. Inc. | 0.10% | 15,313 | $1.4M | Reduce -7.5% |
| PLTR Palantir Technologies Inc. Class A | 0.10% | 16,032 | $1.4M | Add +0.2% |
| RTX RTX Corp. | 0.09% | 9,863 | $1.3M | Reduce -1.9% |
| TEAM Atlassian Corp. Class A | 0.09% | 6,126 | $1.3M | No change |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.09% | 26,048 | $1.3M | Add +537.0% |
| UNH Unitedhealth Group Inc. | 0.09% | 2,403 | $1.3M | Reduce -6.8% |
| PEP Pepsico Inc. | 0.09% | 8,196 | $1.2M | Reduce -8.8% |
| TFC Truist Financial Corp. | 0.09% | 29,167 | $1.2M | Reduce -1.0% |
| ORLY O'reilly Automotive Inc. | 0.09% | 828 | $1.2M | Reduce -6.0% |
| CATH Global X S&P 500 Ca Val ETF | 0.09% | 17,493 | $1.2M | Add +0.6% |
| PNC PNC Financial Services Group | 0.08% | 6,713 | $1.2M | Reduce -0.3% |
| IJS iShares S&P Small-Cap 600 Va | 0.08% | 11,941 | $1.2M | Add +0.0% |
| KO The Coca-Cola Co. | 0.08% | 15,331 | $1.1M | Reduce -5.3% |
| NFLX Netflix Inc. | 0.08% | 1,158 | $1.1M | Reduce -1.7% |
| BA The Boeing Co. | 0.07% | 6,089 | $1.0M | Add +2.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.07% | 24,759 | $1.0M | Reduce -46.5% |
| IGLB iShares 10+ Year Inv GR Corp. | 0.07% | 20,311 | $1.0M | Add +25.5% |
| CMCSA Comcast Corp. Class A | 0.07% | 26,709 | $986K | Reduce -2.4% |
| HON Honeywell International Inc. | 0.07% | 4,602 | $974K | Add +104.3% |
| UNP Union Pacific Corp. | 0.07% | 4,101 | $969K | Reduce -7.1% |
| QCOM Qualcomm Inc. | 0.07% | 6,253 | $961K | Reduce -5.4% |
| TSLA Tesla Inc. | 0.07% | 3,663 | $949K | Add +5.4% |
| XLK SS Technology Select Sector | 0.06% | 4,266 | $881K | No change |
| HRL Hormel Foods Corp. | 0.06% | 28,284 | $875K | Add +2.9% |
| HUM Humana Inc. | 0.06% | 3,258 | $864K | Add +3.4% |
| INTC Intel Corp. | 0.06% | 37,380 | $849K | Reduce -1.0% |
| MO Altria Group Inc. | 0.06% | 13,871 | $846K | Reduce -3.1% |
| GOOG Alphabet Inc. Class C | 0.06% | 5,365 | $838K | Reduce -4.5% |
| ETN Eaton Corp. PLC | 0.06% | 3,033 | $824K | Reduce -9.9% |
| PSX Phillips 66 | 0.06% | 6,668 | $823K | Reduce -0.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $2K (not counted above)
Lines left out (3) · $5 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| ECC Eagle Point Credit Co. | COM | 0 | $2 |
| PARAA Paramount Global Class B | CLASS B COM | 0 | $2 |
| SCHZ Schwab US Aggregate Bond ETF | US AGGREGATE B | 0 | $1 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -8.8% | 5.98% | −0.72 |
| VOO Vanguard S&P 500 ETF | Reduce -0.2% | 20.31% | −0.50 |
| AAPL Apple Inc. | Reduce -3.2% | 1.38% | −0.19 |
| GOVT iShares US Treasury Bond ETF | Reduce -4.2% | 8.07% | −0.14 |
| NVDA Nvidia Corp. | Reduce -4.2% | 0.43% | −0.11 |
| IWM iShares Russell 2000 ETF | Reduce -7.1% | 0.66% | −0.11 |
| IVV iShares Core S&P 500 ETF | Reduce -1.5% | 2.92% | −0.11 |
| MSFT Microsoft Corp. | Reduce -2.3% | 0.83% | −0.10 |
| MUB iShares National Muni Bond E | Reduce -46.0% | 0.10% | −0.08 |
| MDY State Street SPDR S&P Midcap | Reduce -5.1% | 0.84% | −0.08 |
| BAC Bank of America Corp. | Reduce -46.5% | 0.07% | −0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.1% | 0.80% | −0.07 |
| AVGO Broadcom Inc. | Reduce -1.4% | 0.17% | −0.06 |
| SCHX Schwab US Large-Cap ETF | Reduce -2.8% | 0.98% | −0.05 |
| GOOGL Alphabet Inc. Class A | Reduce -4.8% | 0.18% | −0.05 |
| IVW iShares S&P 500 Growth ETF | Reduce -70.1% | 0.02% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -3.5% | 0.26% | −0.04 |
| IVE iShares S&P 500 Value ETF | Reduce -70.8% | 0.02% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -12.9% | 0.90% | −0.03 |
| PSTX Poseida Therapeutics Inc. | Sold out | 0.00% | −0.03 |
| DIS The Walt Disney Co. | Reduce -31.6% | 0.04% | −0.03 |
| IWS iShares Russell Mid-Cap Valu | Reduce -25.8% | 0.06% | −0.02 |
| ETN Eaton Corp. PLC | Reduce -9.9% | 0.06% | −0.02 |
| IWP iShares Russell Mid-Cap Grow | Reduce -5.3% | 0.17% | −0.02 |
| F Ford Motor Co. | Reduce -65.2% | 0.01% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -7.5% | 0.10% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Reduce -22.3% | 0.05% | −0.02 |
| MCO Moody's Corp. | Reduce -9.6% | 0.17% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -4.5% | 0.06% | −0.01 |
| HD Home Depot Inc. | Reduce -2.9% | 0.19% | −0.01 |
| ETSY Etsy Inc. | Reduce -95.9% | 0.00% | −0.01 |
| ORCL Oracle Corp. | Reduce -3.0% | 0.06% | −0.01 |
| IFRA iShares US Infrastructure | Sold out | 0.00% | −0.01 |
| MSI Motorola Solutions Inc. | Reduce -42.8% | 0.01% | −0.01 |
| TROW T Rowe Price Group Inc. | Reduce -1.5% | 0.04% | −0.01 |
| FITB Fifth Third Bancorp | Reduce -1.8% | 0.12% | −0.01 |
| IIPR Innovative Industrial Proper | Sold out | 0.00% | −0.01 |
| VIS Vanguard Industrials ETF | Reduce -85.8% | 0.00% | −0.01 |
| PEP Pepsico Inc. | Reduce -8.8% | 0.09% | −0.01 |
| ADBE Adobe Inc. | Reduce -51.1% | 0.01% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Reduce -10.9% | 0.05% | −0.01 |
| MGM MGM Resorts International | Reduce -0.8% | 0.05% | −0.01 |
| APD Air Products & Chemicals Inc. | Reduce -26.3% | 0.02% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.3% | 0.12% | −0.01 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -40.5% | 0.01% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -7.1% | 0.10% | −0.01 |
| BR Broadridge Financial Solutio | Reduce -38.2% | 0.01% | −0.01 |
| PNC PNC Financial Services Group | Reduce -0.3% | 0.08% | −0.01 |
| AXP American Express Co. | Reduce -3.1% | 0.05% | −0.01 |
| CALM Cal-Maine Foods Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| BINC iShares Flex I A ETF-Usd Inc. | Add +799.0% | 0.37% | +0.33 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +40.7% | 0.75% | +0.23 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +90.7% | 0.46% | +0.23 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +7.7% | 1.22% | +0.12 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +18.1% | 0.47% | +0.09 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +537.0% | 0.09% | +0.08 |
| MVIS Microvision Inc. | Add +88.2% | 0.17% | +0.07 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.06% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.4% | 0.28% | +0.05 |
| IBDU iShares Ibonds Dec 2029 Term | Add +1.9% | 0.63% | +0.04 |
| HON Honeywell International Inc. | Add +104.3% | 0.07% | +0.03 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +2.1% | 0.51% | +0.03 |
| VXUS Vanguard Total Intl Stock | Add +52.2% | 0.06% | +0.02 |
| XOM Exxon Mobil Corp. | Add +0.4% | 0.18% | +0.02 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +3.6% | 0.25% | +0.02 |
| RBCAA Republic Bancorp Inc. Class A | New | 0.02% | +0.02 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +4.3% | 0.22% | +0.02 |
| BND Vanguard Total Bond Market | New | 0.02% | +0.02 |
| IGLB iShares 10+ Year Inv GR Corp. | Add +25.5% | 0.07% | +0.02 |
| IBDX iShares Ibonds Dec 2032 TC | Add +5.0% | 0.18% | +0.02 |
| IBDY iShares Ibonds Dec 2033 Corp. | Add +6.6% | 0.13% | +0.01 |
| BNDX Vanguard Total Intl Bond ETF | Add +2400.7% | 0.01% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +0.2% | 0.10% | +0.01 |
| BITB Bitwise Bitcoin ETF | New | 0.01% | +0.01 |
| CCI Crown Castle Inc. | Add +6.4% | 0.05% | +0.01 |
| TLRY Tilray Brands Inc. | New | 0.01% | +0.01 |
| USB US Bancorp | Add +68.5% | 0.03% | +0.01 |
| HCAT Health Catalyst Inc. | New | 0.01% | +0.01 |
| EOSE Eos Energy Enterprises Inc. | New | 0.01% | +0.01 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +4.6% | 0.11% | +0.01 |
| HDV iShares Core High Dividend E | Add +3.8% | 0.06% | +0.01 |
| SPHY SS SPDR P High Yield ETF | Add +1.1% | 0.20% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +5.6% | 0.24% | +0.01 |
| HUM Humana Inc. | Add +3.4% | 0.06% | +0.01 |
| SPYI Neos S&P 500 High Income ETF | Add +58.5% | 0.02% | +0.01 |
| EXCHANGE TRADED CONCEPTS TRU | Add +202.1% | 0.01% | +0.01 |
| SIRI Sirius XM Holdings Inc. | Add +4480.3% | 0.00% | +0.00 |
| PFE Pfizer Inc. | Add +14.4% | 0.04% | +0.00 |
| VYM Vanguard High DVD Yield ETF | Add +0.2% | 0.11% | +0.00 |
| COST Costco Wholesale Corp. | Add +3.1% | 0.04% | +0.00 |
| EMLP First Trust North American E | Add +0.3% | 0.05% | +0.00 |
| AEP American Electric Power | Add +1.6% | 0.02% | +0.00 |
| VXF Vanguard Extended Market ETF | Add +24.6% | 0.02% | +0.00 |
| USSG Xtrackers MSCI USA Sele Eqty | New | 0.00% | +0.00 |
| VEA Vanguard Ftse Developed ETF | Add +39.3% | 0.01% | +0.00 |
| SCHW Schwab (charles) Corp. | Add +0.4% | 0.04% | +0.00 |
| DVN Devon Energy Corp. | Add +3.0% | 0.02% | +0.00 |
| INDA iShares MSCI India ETF | Add +460.7% | 0.00% | +0.00 |
| NWN Northwest Natural Holding Co. | New | 0.00% | +0.00 |
| NLY Annaly Capital Management Inc. | Add +1087.1% | 0.00% | +0.00 |
Notes & Other Activity Q4 2024 → Q1 2025
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | New | 25 | $692 |
| PARAA Paramount Global Class B | CLASS B COM | Reduce -100.0% | 0 | $2 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,394 | $2.8B | VOO, IDEV, SPY, SCHO, SPSB |
| Q1 2026 | 1,332 | $2.3B | VOO, IDEV, SPY, GOVT, SPSB |
| Q4 2025 | 1,130 | $1.8B | VOO, IDEV, GOVT, SPY, SPSB |
| Q3 2025 | 963 | $1.6B | VOO, IDEV, GOVT, SPY, SPSB |
| Q2 2025 | 893 | $1.5B | VOO, IDEV, GOVT, SPY, IEMG |
| Q1 2025 | 906 | $1.4B | VOO, GOVT, IDEV, SPY, SPSB |
| Q4 2024 | 989 | $1.4B | VOO, GOVT, IDEV, SPY, SPSB |
| Q3 2024 | 1,000 | $1.4B | VOO, IDEV, GOVT, SPY, IEMG |
| Q2 2024 | 1,020 | $1.3B | VOO, GOVT, IDEV, SPY, IEMG |
| Q1 2024 | 986 | $1.3B | VOO, GOVT, IDEV, SPY, IEMG |