MCF Advisors LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 15, 2025), MCF Advisors LLC reported 893 stock positions worth $1.5 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 18.9% of the portfolio, followed by iShares Core MSCI Dev MKTS (IDEV, 7.6%) and iShares US Treasury Bond ETF (GOVT, 6.3%). Compared with Q1 2025, it opened 35 new positions, sold out of 48, added to 178 and reduced 188. The biggest buy was iShares Flex I A ETF-Usd (BINC, shares +868%) and the biggest sale iShares US Treasury Bond ETF (GOVT, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- LEXINGTON, KY
- CIK
- 0001602905
- Portfolio Value
- $1.5B (Q2 2025)
- SEC Filing
- 0001602905-25-000004 ↗ filed Jul 15, 2025
Holdings Value
Holdings 893 stocks · $1.5B
| VOO Vanguard S&P 500 ETF | 18.93% | 502,902 | $286.3M | Reduce -8.5% |
| IDEV iShares Core MSCI Dev MKTS | 7.63% | 1,516,493 | $115.3M | Reduce -3.3% |
| GOVT iShares US Treasury Bond ETF | 6.29% | 4,140,823 | $95.2M | Reduce -15.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.95% | 145,382 | $90.0M | Reduce -2.0% |
| IEMG iShares Core MSCI Emerging | 4.89% | 1,231,786 | $73.9M | Reduce -1.5% |
| SPSB SS SPDR P St C Corp. ETF | 4.39% | 2,197,330 | $66.3M | Reduce -5.8% |
| IJH iShares Core S&P Midcap ETF | 4.15% | 1,011,058 | $62.7M | Add +4.0% |
| SCHO Schwab Short-Term US Treas | 3.91% | 2,425,664 | $59.1M | Reduce -14.9% |
| BINC iShares Flex I A ETF-Usd Inc. | 3.34% | 954,581 | $50.4M | Add +867.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.92% | 249,074 | $44.2M | Add +576.5% |
| IVV iShares Core S&P 500 ETF | 2.81% | 68,546 | $42.6M | Reduce -5.0% |
| IEFA iShares Core MSCI Eafe ETF | 2.52% | 457,177 | $38.2M | Add +5.1% |
| IJR iShares Core S&P Small-Cap E | 2.38% | 328,782 | $35.9M | Add +6.4% |
| USIG iShares Broad Usd Investment | 2.30% | 676,819 | $34.8M | Reduce -6.0% |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 1.28% | 935,435 | $19.4M | Add +1.0% |
| SCHX Schwab US Large-Cap ETF | 1.28% | 790,010 | $19.3M | Add +28.1% |
| AAPL Apple Inc. | 1.16% | 85,497 | $17.5M | Reduce -0.7% |
| IBDQ iShares Ibonds Dec 2025 Term | 1.16% | 694,392 | $17.5M | Add +3.4% |
| MSFT Microsoft Corp. | 1.03% | 31,246 | $15.5M | Add +1.8% |
| EFA iShares MSCI Eafe ETF | 0.90% | 151,470 | $13.5M | Reduce -0.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.87% | 29,987 | $13.2M | No change |
| MDY State Street SPDR S&P Midcap | 0.80% | 21,391 | $12.1M | Reduce -1.7% |
| IWM iShares Russell 2000 ETF | 0.71% | 50,067 | $10.8M | Add +8.3% |
| NVDA Nvidia Corp. | 0.70% | 66,956 | $10.6M | Add +22.7% |
| IBDU iShares Ibonds Dec 2029 Term | 0.59% | 383,137 | $8.9M | Add +1.7% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.47% | 277,076 | $7.0M | Reduce -0.4% |
| IBDR iShares Ibonds Dec 2026 Term | 0.46% | 287,906 | $7.0M | Reduce -0.2% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.44% | 72,985 | $6.7M | Reduce -35.5% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.43% | 270,269 | $6.6M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 0.42% | 40,022 | $6.4M | Reduce -2.2% |
| VWO Vanguard Ftse Emerging Marke | 0.33% | 101,166 | $5.0M | Add +19.9% |
| AVGO Broadcom Inc. | 0.28% | 15,532 | $4.3M | Add +12.2% |
| AMZN Amazon.com Inc. | 0.28% | 19,407 | $4.3M | Add +1.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.28% | 7,671 | $4.2M | Add +0.7% |
| WSBC Wesbanco Inc. | 0.27% | 127,798 | $4.1M | Reduce -25.2% |
| IGLB iShares 10+ Year Inv GR Corp. | 0.26% | 76,872 | $3.9M | Add +278.5% |
| JPM JPMorgan Chase & Co. | 0.25% | 13,026 | $3.8M | Add +0.1% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.24% | 166,255 | $3.7M | Add +2.4% |
| META Meta Platforms Inc. Class A | 0.24% | 4,925 | $3.6M | Add +7.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 7,383 | $3.6M | Add +1.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.23% | 11,572 | $3.5M | Reduce -5.3% |
| V Visa Inc. Class A | 0.23% | 9,911 | $3.5M | Reduce -1.6% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.21% | 148,706 | $3.1M | Add +2.8% |
| GOOGL Alphabet Inc. Class A | 0.20% | 16,968 | $3.0M | Add +4.0% |
| SPHY SS SPDR P High Yield ETF | 0.19% | 118,254 | $2.8M | Reduce -0.9% |
| IWP iShares Russell Mid-Cap Grow | 0.18% | 19,696 | $2.7M | Reduce -0.0% |
| FITB Fifth Third Bancorp | 0.18% | 64,571 | $2.7M | Add +53.5% |
| HD Home Depot Inc. | 0.18% | 7,264 | $2.7M | Add +1.6% |
| IBDX iShares Ibonds Dec 2032 TC | 0.17% | 103,927 | $2.6M | Add +3.1% |
| MCO Moody's Corp. | 0.17% | 5,068 | $2.5M | Add +1.4% |
| MUB iShares National Muni Bond E | 0.16% | 23,701 | $2.5M | Add +75.0% |
| LLY Eli Lilly & Co. | 0.15% | 2,891 | $2.3M | Add +16.9% |
| JNJ Johnson & Johnson | 0.15% | 14,451 | $2.2M | Add +0.6% |
| MVIS Microvision Inc. | 0.14% | 1,866,419 | $2.1M | Add +0.8% |
| XOM Exxon Mobil Corp. | 0.14% | 19,459 | $2.1M | Reduce -8.3% |
| ABBV Abbvie Inc. | 0.13% | 10,822 | $2.0M | Add +0.2% |
| IBDY iShares Ibonds Dec 2033 Corp. | 0.13% | 74,904 | $1.9M | Add +3.8% |
| CINF Cincinnati Financial Corp. | 0.13% | 12,948 | $1.9M | Reduce -0.1% |
| WMT Walmart Inc. | 0.12% | 18,911 | $1.8M | Reduce -1.2% |
| SCHM Schwab US Mid Cap ETF | 0.12% | 65,493 | $1.8M | Add +146.3% |
| NFLX Netflix Inc. | 0.12% | 1,338 | $1.8M | Add +15.5% |
| CSCO Cisco Systems Inc. | 0.11% | 24,328 | $1.7M | Reduce -2.9% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.11% | 41,501 | $1.7M | Add +1.2% |
| ORCL Oracle Corp. | 0.11% | 7,586 | $1.7M | Add +34.8% |
| HLMN Hillman Solutions Corp. | 0.11% | 230,338 | $1.6M | No change |
| TYL Tyler Technologies Inc. | 0.11% | 2,771 | $1.6M | Reduce -12.9% |
| VYM Vanguard High DVD Yield ETF | 0.11% | 11,919 | $1.6M | Add +0.2% |
| SPR Spirit Aerosystems Hold Class A | 0.10% | 41,228 | $1.6M | No change |
| CVX Chevron Corp. | 0.10% | 10,851 | $1.6M | Add +19.2% |
| HDV iShares Core High Dividend E | 0.10% | 13,114 | $1.5M | Add +99.3% |
| AMGN Amgen Inc. | 0.10% | 5,373 | $1.5M | Add +0.4% |
| TSLA Tesla Inc. | 0.10% | 4,632 | $1.5M | Add +26.4% |
| RTX RTX Corp. | 0.09% | 9,809 | $1.4M | Reduce -0.6% |
| MCD McDonald's Corp. | 0.09% | 4,707 | $1.4M | Reduce -0.9% |
| PNC PNC Financial Services Group | 0.09% | 7,257 | $1.4M | Add +8.1% |
| CATH Global X S&P 500 Ca Val ETF | 0.09% | 17,620 | $1.3M | Add +0.7% |
| USB US Bancorp | 0.09% | 28,615 | $1.3M | Add +243.3% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.08% | 12,858 | $1.3M | Reduce -13.2% |
| BA The Boeing Co. | 0.08% | 6,089 | $1.3M | No change |
| MRK Merck & Co. Inc. | 0.08% | 15,826 | $1.3M | Add +3.4% |
| TFC Truist Financial Corp. | 0.08% | 28,991 | $1.2M | Reduce -0.6% |
| TEAM Atlassian Corp. Class A | 0.08% | 6,126 | $1.2M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.08% | 26,268 | $1.2M | Add +6.1% |
| NEE Nextera Energy Inc. | 0.08% | 17,582 | $1.2M | Reduce -10.7% |
| GOOG Alphabet Inc. Class C | 0.08% | 6,566 | $1.2M | Add +22.4% |
| ORLY O'reilly Automotive Inc. | 0.07% | 12,240 | $1.1M | Reduce -1.4% |
| ETN Eaton Corp. PLC | 0.07% | 3,042 | $1.1M | Add +0.3% |
| IJS iShares S&P Small-Cap 600 Va | 0.07% | 10,881 | $1.1M | Reduce -8.9% |
| XLK SS Technology Select Sector | 0.07% | 4,266 | $1.1M | No change |
| KO The Coca-Cola Co. | 0.07% | 15,170 | $1.1M | Reduce -1.1% |
| PEP Pepsico Inc. | 0.07% | 7,934 | $1.0M | Reduce -3.2% |
| TXN Texas Instruments Inc. | 0.06% | 4,628 | $961K | Add +4.7% |
| CMCSA Comcast Corp. Class A | 0.06% | 26,733 | $954K | Add +0.1% |
| UNP Union Pacific Corp. | 0.06% | 4,100 | $943K | Reduce -0.0% |
| HON Honeywell International Inc. | 0.06% | 4,001 | $932K | Reduce -13.1% |
| PULS Pgim Ultra Short Bond ETF | 0.06% | 18,606 | $926K | Add +177.4% |
| COF Capital One Financial Corp. | 0.06% | 4,215 | $897K | Add +228.3% |
| IBDZ ISHARESIBONDSDEC2034TMCORP | 0.06% | 32,857 | $859K | New |
| IWS iShares Russell Mid-Cap Valu | 0.06% | 6,446 | $852K | Add +0.0% |
| ADM Archer-Daniels-Midland Co. | 0.06% | 16,093 | $849K | Add +261.1% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $5K (not counted above)
Lines left out (2) · $3 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| ECC Eagle Point Credit Co. | 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: $1.5B.
Portfolio Sells Q1 2025 → Q2 2025
| GOVT iShares US Treasury Bond ETF | Reduce -15.2% | 6.29% | −1.78 |
| VOO Vanguard S&P 500 ETF | Reduce -8.5% | 18.93% | −1.38 |
| SCHO Schwab Short-Term US Treas | Reduce -14.9% | 3.91% | −1.08 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -5.8% | 4.39% | −0.66 |
| USIG iShares Broad Usd Investment | Reduce -6.0% | 2.30% | −0.34 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -35.5% | 0.44% | −0.30 |
| AAPL Apple Inc. | Reduce -0.7% | 1.16% | −0.21 |
| IDEV iShares Core MSCI Dev MKTS | Reduce -3.3% | 7.63% | −0.15 |
| WSBC Wesbanco Inc. | Reduce -25.2% | 0.27% | −0.11 |
| IVV iShares Core S&P 500 ETF | Reduce -5.0% | 2.81% | −0.10 |
| TMO Thermo Fisher Scientific Inc. | Reduce -62.1% | 0.03% | −0.09 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -85.9% | 0.01% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -2.2% | 0.42% | −0.08 |
| PLTR Palantir Technologies Inc. Class A | Reduce -84.8% | 0.02% | −0.08 |
| XOM Exxon Mobil Corp. | Reduce -8.3% | 0.14% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -3.8% | 0.05% | −0.04 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -0.2% | 0.46% | −0.04 |
| IBDT iShares Ibonds Dec 2028 ETF | Reduce -0.4% | 0.47% | −0.04 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Reduce -0.5% | 0.43% | −0.04 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.04 |
| MDY State Street SPDR S&P Midcap | Reduce -1.7% | 0.80% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.0% | 5.95% | −0.03 |
| TROW T Rowe Price Group Inc. | Reduce -72.0% | 0.01% | −0.03 |
| KHC The Kraft Heinz Co. | Reduce -79.3% | 0.01% | −0.03 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.03 |
| TYL Tyler Technologies Inc. | Reduce -12.9% | 0.11% | −0.02 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -13.2% | 0.08% | −0.02 |
| V Visa Inc. Class A | Reduce -1.6% | 0.23% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -10.7% | 0.08% | −0.02 |
| PEP Pepsico Inc. | Reduce -3.2% | 0.07% | −0.02 |
| NKE Nike Inc. Class B | Reduce -39.2% | 0.03% | −0.02 |
| MGM MGM Resorts International | Reduce -42.5% | 0.03% | −0.02 |
| VXUS Vanguard Total Intl Stock | Reduce -32.1% | 0.04% | −0.02 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.02 |
| ROK Rockwell Automation Inc. | Reduce -48.2% | 0.03% | −0.02 |
| MCD McDonald's Corp. | Reduce -0.9% | 0.09% | −0.02 |
| SPHY SS SPDR P High Yield ETF | Reduce -0.9% | 0.19% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -16.9% | 0.05% | −0.01 |
| PFE Pfizer Inc. | Reduce -29.9% | 0.02% | −0.01 |
| AGG iShares Core U.S. Aggregate | Reduce -23.1% | 0.03% | −0.01 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -92.3% | 0.00% | −0.01 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -96.0% | 0.00% | −0.01 |
| ORLY O'reilly Automotive Inc. | Reduce -1.4% | 0.07% | −0.01 |
| DVN Devon Energy Corp. | Reduce -63.5% | 0.00% | −0.01 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -8.9% | 0.07% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -24.0% | 0.02% | −0.01 |
| SNA Snap-on Inc. | Reduce -23.1% | 0.02% | −0.01 |
| INTC Intel Corp. | Reduce -8.4% | 0.05% | −0.01 |
| CINF Cincinnati Financial Corp. | Reduce -0.1% | 0.13% | −0.01 |
| TLRY Tilray Brands Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| BINC iShares Flex I A ETF-Usd Inc. | Add +867.8% | 3.34% | +2.96 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +576.5% | 2.92% | +2.46 |
| SCHX Schwab US Large-Cap ETF | Add +28.1% | 1.28% | +0.30 |
| NVDA Nvidia Corp. | Add +22.7% | 0.70% | +0.27 |
| MSFT Microsoft Corp. | Add +1.8% | 1.03% | +0.20 |
| IGLB iShares 10+ Year Inv GR Corp. | Add +278.5% | 0.26% | +0.18 |
| IEFA iShares Core MSCI Eafe ETF | Add +5.1% | 2.52% | +0.16 |
| AVGO Broadcom Inc. | Add +12.2% | 0.28% | +0.12 |
| SCHM Schwab US Mid Cap ETF | Add +146.3% | 0.12% | +0.07 |
| IJH iShares Core S&P Midcap ETF | Add +4.0% | 4.15% | +0.07 |
| MUB iShares National Muni Bond E | Add +75.0% | 0.16% | +0.06 |
| USB US Bancorp | Add +243.3% | 0.09% | +0.06 |
| FITB Fifth Third Bancorp | Add +53.5% | 0.18% | +0.06 |
| IBDZ ISHARESIBONDSDEC2034TMCORP | New | 0.06% | +0.06 |
| VWO Vanguard Ftse Emerging Marke | Add +19.9% | 0.33% | +0.06 |
| ORCL Oracle Corp. | Add +34.8% | 0.11% | +0.05 |
| IJR iShares Core S&P Small-Cap E | Add +6.4% | 2.38% | +0.05 |
| IWM iShares Russell 2000 ETF | Add +8.3% | 0.71% | +0.05 |
| META Meta Platforms Inc. Class A | Add +7.0% | 0.24% | +0.05 |
| HDV iShares Core High Dividend E | Add +99.3% | 0.10% | +0.04 |
| COF Capital One Financial Corp. | Add +228.3% | 0.06% | +0.04 |
| ADM Archer-Daniels-Midland Co. | Add +261.1% | 0.06% | +0.04 |
| NFLX Netflix Inc. | Add +15.5% | 0.12% | +0.04 |
| PULS Pgim Ultra Short Bond ETF | Add +177.4% | 0.06% | +0.04 |
| TSLA Tesla Inc. | Add +26.4% | 0.10% | +0.03 |
| EXCHANGE TRADED CONCEPTS TRU | Add +148.1% | 0.03% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.7% | 0.28% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 0.25% | +0.02 |
| AMZN Amazon.com Inc. | Add +1.4% | 0.28% | +0.02 |
| SCHD Schwab US DVD Equity ETF | Add +342.9% | 0.02% | +0.02 |
| FBTC Fidelity Wise Origin Bitcoin | Add +178.4% | 0.03% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +22.4% | 0.08% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +4.0% | 0.20% | +0.02 |
| DELL Dell Technologies -C | Add +352.4% | 0.02% | +0.01 |
| BITB Bitwise Bitcoin ETF | Add +77.9% | 0.03% | +0.01 |
| DLN Wisdomtree US Largecap Divid | Add +81.8% | 0.03% | +0.01 |
| ETN Eaton Corp. PLC | Add +0.3% | 0.07% | +0.01 |
| PFF iShares Preferred & Income S | New | 0.01% | +0.01 |
| MPWR Monolithic Power Systems Inc. | New | 0.01% | +0.01 |
| CLSK Cleanspark Inc. | New | 0.01% | +0.01 |
| IBHF iShares Ibond 2026 HY & Inc. | Add +41.8% | 0.05% | +0.01 |
| GIS General Mills Inc. | New | 0.01% | +0.01 |
| IBHE iShares Ibonds 2025 H/Y Inc. | Add +41.2% | 0.05% | +0.01 |
| SMCI Super Micro Computer Inc. | Add +912.3% | 0.01% | +0.01 |
| FTNT Fortinet Inc. | New | 0.01% | +0.01 |
| LRCX Lam Research Corp. | Add +624.5% | 0.01% | +0.01 |
| BAC Bank of America Corp. | Add +6.1% | 0.08% | +0.01 |
| LDOS Leidos Holdings Inc. | Add +313.0% | 0.01% | +0.01 |
| TXN Texas Instruments Inc. | Add +4.7% | 0.06% | +0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +79.4% | 0.01% | +0.01 |
Notes & Other Activity Q1 2025 → Q2 2025
| PARAA Paramount Global Class B | CLASS B COM | Sold out | 0 | $2before exit |
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 |