Pathway Financial Advisers, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 29, 2024), Pathway Financial Advisers, LLC reported 447 stock positions worth $277.2 million. Its top holding was Enterprise Products Partners (EPD) at 2.7% of the portfolio, followed by JPMorgan Chase (JPM, 2.5%) and Steel Dynamics (STLD, 2.5%). Compared with Q4 2023, it opened 38 new positions, sold out of 53, added to 152 and reduced 173. The biggest buy was XPLR Infrastructure (XIFR, shares +281%) and the biggest sale Bristol-Myers Squibb (BMY, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- AUBURN, IN
- CIK
- 0002024152
- Portfolio Value
- $277.2M (Q1 2024)
- SEC Filing
- 0002024152-24-000001 ↗ filed May 29, 2024
Holdings Value
Holdings 447 stocks · $277.2M
| EPD Enterprise Products Partners | 2.74% | 260,120 | $7.6M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 2.50% | 34,638 | $6.9M | Reduce -5.4% |
| STLD Steel Dynamics Inc. | 2.47% | 46,198 | $6.8M | Reduce -7.4% |
| AVGO Broadcom Inc. | 2.19% | 4,575 | $6.1M | Reduce -17.0% |
| PEP Pepsico Inc. | 2.14% | 33,965 | $5.9M | Add +2.1% |
| ABBV Abbvie Inc. | 2.13% | 32,397 | $5.9M | Reduce -5.0% |
| DUK Duke Energy Corp. | 2.03% | 58,087 | $5.6M | Reduce -0.8% |
| OKE Oneok Inc. | 1.75% | 60,398 | $4.8M | Reduce -2.3% |
| CSCO Cisco Systems Inc. | 1.66% | 92,244 | $4.6M | Add +0.5% |
| O Realty Income Corp. | 1.63% | 83,591 | $4.5M | Add +5.0% |
| PG The Procter & Gamble Co. | 1.60% | 27,355 | $4.4M | Reduce -7.4% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 1.54% | 320,396 | $4.3M | Add +3.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.49% | 21,626 | $4.1M | Reduce -5.0% |
| AAPL Apple Inc. | 1.49% | 24,032 | $4.1M | Reduce -7.6% |
| VZ Verizon Communications Inc. | 1.48% | 97,772 | $4.1M | Add +7.5% |
| SO The Southern Co. | 1.46% | 56,591 | $4.1M | Reduce -2.1% |
| LMT Lockheed Martin Corp. | 1.46% | 8,924 | $4.1M | Reduce -2.4% |
| MSFT Microsoft Corp. | 1.40% | 9,195 | $3.9M | Reduce -1.1% |
| CVX Chevron Corp. | 1.38% | 24,242 | $3.8M | Add +2.4% |
| ENB Enbridge Inc. | 1.38% | 105,574 | $3.8M | Add +5.2% |
| SCHD Schwab US DVD Equity ETF | 1.37% | 47,222 | $3.8M | Add +19.0% |
| AMGN Amgen Inc. | 1.35% | 13,167 | $3.7M | Reduce -1.9% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.33% | 71,156 | $3.7M | Add +7.5% |
| MDT Medtronic PLC | 1.21% | 38,553 | $3.4M | Add +7.1% |
| JNJ Johnson & Johnson | 1.16% | 20,399 | $3.2M | Reduce -2.0% |
| UNH Unitedhealth Group Inc. | 1.16% | 6,488 | $3.2M | Reduce -3.0% |
| WM Waste Management Inc. | 1.11% | 14,407 | $3.1M | Reduce -9.1% |
| VIG Vanguard Dividend Apprec ETF | 1.10% | 16,748 | $3.1M | Add +12.4% |
| WMT Walmart Inc. | 1.10% | 50,671 | $3.0M | Reduce -7.0% |
| MCD McDonald's Corp. | 1.08% | 10,604 | $3.0M | Reduce -3.0% |
| MRK Merck & Co. Inc. | 1.04% | 21,935 | $2.9M | Add +11.4% |
| OHI Omega Healthcare Investors | 1.02% | 89,216 | $2.8M | Add +2.7% |
| PDT John Hancock Prem DVD FND | 0.92% | 219,807 | $2.6M | Add +1.1% |
| RTX RTX Corp. | 0.89% | 25,205 | $2.5M | Add +8.9% |
| CVS CVS Health Corp. | 0.87% | 30,357 | $2.4M | Add +0.6% |
| CMI Cummins Inc. | 0.87% | 8,185 | $2.4M | Reduce -0.9% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.86% | 80,475 | $2.4M | Add +3.7% |
| UPS United Parcel Service Class B | 0.86% | 16,085 | $2.4M | Add +1.5% |
| PM Philip Morris International | 0.83% | 25,139 | $2.3M | Add +5.7% |
| QCOM Qualcomm Inc. | 0.83% | 13,521 | $2.3M | Reduce -5.7% |
| APD Air Products & Chemicals Inc. | 0.81% | 9,277 | $2.2M | Add +7.4% |
| WLKP Westlake Chemical Partners L | 0.78% | 97,692 | $2.2M | Add +1.6% |
| KO The Coca-Cola Co. | 0.76% | 34,459 | $2.1M | Reduce -2.5% |
| EMR Emerson Electric Co. | 0.76% | 18,470 | $2.1M | Add +0.7% |
| FDVV Fidelity High Dividend ETF | 0.74% | 45,132 | $2.0M | Add +8.7% |
| BIP Brookfield Infrastructure Pa | 0.73% | 65,232 | $2.0M | Add +3.5% |
| HD Home Depot Inc. | 0.73% | 5,263 | $2.0M | Reduce -8.0% |
| MET Metlife Inc. | 0.73% | 27,172 | $2.0M | Reduce -2.7% |
| PSX Phillips 66 | 0.70% | 11,909 | $1.9M | Reduce -1.7% |
| WPC WP Carey Inc. | 0.68% | 33,600 | $1.9M | Add +5.0% |
| TD Toronto-Dominion Bank | 0.68% | 31,168 | $1.9M | Add +12.7% |
| TFC Truist Financial Corp. | 0.68% | 48,159 | $1.9M | Add +10.3% |
| BCE Bce Inc. | 0.65% | 53,402 | $1.8M | Add +15.6% |
| EVRG Evergy Inc. | 0.65% | 33,979 | $1.8M | Add +61.5% |
| GS Goldman Sachs Group Inc. | 0.65% | 4,333 | $1.8M | Reduce -2.6% |
| UL Unilever PLC | 0.65% | 35,992 | $1.8M | Add +2.2% |
| DLR Digital Realty Trust Inc. | 0.62% | 11,937 | $1.7M | Reduce -4.0% |
| HYT BlackRock Corp. Hi YLD | 0.61% | 173,909 | $1.7M | Reduce -1.6% |
| AEP American Electric Power | 0.60% | 19,174 | $1.7M | Add +6.3% |
| EXR Extra Space Storage Inc. | 0.59% | 11,081 | $1.6M | Reduce -5.1% |
| PFE Pfizer Inc. | 0.59% | 58,678 | $1.6M | Add +13.2% |
| NOC Northrop Grumman Corp. | 0.59% | 3,389 | $1.6M | Reduce -5.1% |
| ARE Alexandria Real Estate Equit | 0.56% | 11,951 | $1.5M | Add +21.6% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.54% | 17,524 | $1.5M | Add +12.0% |
| GD General Dynamics Corp. | 0.53% | 5,211 | $1.5M | Reduce -2.3% |
| NTR Nutrien Ltd. | 0.53% | 27,046 | $1.5M | Add +9.4% |
| XIFR XPLR Infrastructure LP filed as NEXTERA ENERGY PARTNERS LP | 0.52% | 47,909 | $1.4M | Add +281.3% |
| UNP Union Pacific Corp. | 0.50% | 5,649 | $1.4M | Reduce -3.0% |
| FDIS Fidelity MSCI Cons Discr Ind | 0.48% | 16,209 | $1.3M | Reduce -7.0% |
| SLF Sun Life Financial Inc. | 0.46% | 23,506 | $1.3M | Add +2.6% |
| NVDA Nvidia Corp. | 0.46% | 1,403 | $1.3M | Reduce -7.4% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.45% | 15,574 | $1.2M | Reduce -19.4% |
| TXN Texas Instruments Inc. | 0.43% | 6,915 | $1.2M | Reduce -3.6% |
| AMZN Amazon.com Inc. | 0.43% | 6,637 | $1.2M | Reduce -7.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 2,817 | $1.2M | Reduce -11.3% |
| DOW Dow Inc. | 0.41% | 19,834 | $1.1M | Add +7.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.41% | 30,262 | $1.1M | Reduce -2.5% |
| PCEF Invesco Cef Income Composite | 0.41% | 59,552 | $1.1M | Reduce -1.3% |
| V Visa Inc. Class A | 0.39% | 3,847 | $1.1M | Reduce -1.4% |
| FIS Fidelity National Info Serv | 0.38% | 14,373 | $1.1M | Add +23.9% |
| ET Energy Transfer LP | 0.38% | 66,083 | $1.0M | Add +32.5% |
| KLAC KLA Corp. | 0.37% | 1,483 | $1.0M | Reduce -10.0% |
| WTRG Essential Utilities Inc. | 0.37% | 27,868 | $1.0M | Add +9.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.37% | 1,967 | $1.0M | Add +25.9% |
| MRVL Marvell Technology Inc. | 0.37% | 14,432 | $1.0M | Add +2.2% |
| NOBL Proshares S&P 500 Dividend A | 0.37% | 10,056 | $1.0M | Add +7.1% |
| PEBO Peoples Bancorp Inc. | 0.36% | 34,160 | $1.0M | Reduce -21.4% |
| HIO Western Asset Hi Inc. Opport | 0.36% | 256,875 | $1.0M | Add +5.9% |
| PRU Prudential Financial Inc. | 0.36% | 8,531 | $1.0M | Add +12.5% |
| GPC Genuine Parts Co. | 0.36% | 6,427 | $996K | Add +8.5% |
| ALL Allstate Corp. | 0.36% | 5,743 | $994K | Reduce -58.6% |
| FHLC Fidelity MSCI Health Care | 0.36% | 14,188 | $990K | Reduce -7.8% |
| BLK BlackRock Finance Inc. | 0.35% | 1,168 | $974K | Reduce -9.9% |
| USB US Bancorp | 0.33% | 20,495 | $916K | Add +2.6% |
| MPLX MPLX LP | 0.32% | 21,301 | $885K | Add +41.2% |
| NSC Norfolk Southern Corp. | 0.32% | 3,427 | $874K | Reduce -4.4% |
| LRCX Lam Research Corp. | 0.31% | 879 | $854K | Reduce -4.7% |
| TMO Thermo Fisher Scientific Inc. | 0.30% | 1,417 | $824K | Reduce -16.7% |
| LLY Eli Lilly & Co. | 0.30% | 1,057 | $823K | Add +8.4% |
| AMT American Tower Corp. | 0.30% | 4,159 | $822K | Reduce -5.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $628K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 515 | $628K | Reduce -1.7% |
Lines left out (1) · $28 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| BNY Bank of New York Mellon Corp. | COM | 0 | $28 |
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: $277.8M.
Portfolio Sells Q4 2023 → Q1 2024
| BMY Bristol-Myers Squibb Co. | Reduce -96.1% | 0.02% | −0.53 |
| AAPL Apple Inc. | Reduce -7.6% | 1.49% | −0.42 |
| ALL Allstate Corp. | Reduce -58.6% | 0.36% | −0.38 |
| BX Blackstone Inc. | Reduce -75.2% | 0.07% | −0.23 |
| PEBO Peoples Bancorp Inc. | Reduce -21.4% | 0.36% | −0.20 |
| GOOGL Alphabet Inc. Class A | Reduce -54.9% | 0.16% | −0.19 |
| UNH Unitedhealth Group Inc. | Reduce -3.0% | 1.16% | −0.19 |
| BCX BlackRock Resources & Commod | Reduce -98.4% | 0.00% | −0.18 |
| AVGO Broadcom Inc. | Reduce -17.0% | 2.19% | −0.16 |
| MCD McDonald's Corp. | Reduce -3.0% | 1.08% | −0.16 |
| SPG Simon Property Group Inc. | Reduce -93.8% | 0.01% | −0.15 |
| DUK Duke Energy Corp. | Reduce -0.8% | 2.03% | −0.14 |
| EXR Extra Space Storage Inc. | Reduce -5.1% | 0.59% | −0.13 |
| AMGN Amgen Inc. | Reduce -1.9% | 1.35% | −0.13 |
| LMT Lockheed Martin Corp. | Reduce -2.4% | 1.46% | −0.12 |
| MQY BlackRock Muniyield Quality | Reduce -83.5% | 0.02% | −0.09 |
| SO The Southern Co. | Reduce -2.1% | 1.46% | −0.08 |
| JNJ Johnson & Johnson | Reduce -2.0% | 1.16% | −0.08 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.08 |
| BA The Boeing Co. | Reduce -70.2% | 0.02% | −0.07 |
| IRM Iron Mountain Inc. | Reduce -19.4% | 0.45% | −0.07 |
| AMT American Tower Corp. | Reduce -5.1% | 0.30% | −0.06 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.05 |
| NOC Northrop Grumman Corp. | Reduce -5.1% | 0.59% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -7.4% | 1.60% | −0.05 |
| BLK BlackRock Finance Inc. | Reduce -9.9% | 0.35% | −0.05 |
| TMO Thermo Fisher Scientific Inc. | Reduce -16.7% | 0.30% | −0.05 |
| UNP Union Pacific Corp. | Reduce -3.0% | 0.50% | −0.04 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -14.5% | 0.10% | −0.04 |
| SBUX Starbucks Corp. | Reduce -5.6% | 0.25% | −0.04 |
| FDIS Fidelity MSCI Cons Discr Ind | Reduce -7.0% | 0.48% | −0.04 |
| MS Morgan Stanley | Sold out | 0.00% | −0.04 |
| CAT Caterpillar Inc. | Reduce -56.9% | 0.04% | −0.04 |
| RY Royal Bank of Canada | Reduce -6.0% | 0.28% | −0.04 |
| KO The Coca-Cola Co. | Reduce -2.5% | 0.76% | −0.03 |
| AES AES Corp. | Reduce -37.2% | 0.04% | −0.03 |
| FREL Fidelity MSCI RL Est Indx | Reduce -9.5% | 0.17% | −0.03 |
| CBRL Cracker Barrel Old Country | Reduce -13.7% | 0.11% | −0.03 |
| TXN Texas Instruments Inc. | Reduce -3.6% | 0.43% | −0.03 |
| LHX L3HARRIS Technologies Inc. | Reduce -5.6% | 0.26% | −0.03 |
| HD Home Depot Inc. | Reduce -8.0% | 0.73% | −0.03 |
| UFOX Defiance Space and Connectiv | Reduce -55.1% | 0.02% | −0.03 |
| PFXF Vaneck Pref Sec X-Financials | Reduce -8.7% | 0.21% | −0.03 |
| NUE Nucor Corp. | Reduce -24.4% | 0.11% | −0.02 |
| MPT Medical Properties Trust Inc. | Sold out | 0.00% | −0.02 |
| EQIX Equinix Inc. | Reduce -12.0% | 0.13% | −0.02 |
| FHLC Fidelity MSCI Health Care | Reduce -7.8% | 0.36% | −0.02 |
| HYT BlackRock Corp. Hi YLD | Reduce -1.6% | 0.61% | −0.02 |
| EWA iShares MSCI Australia ETF | Reduce -39.6% | 0.03% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -44.3% | 0.02% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| XIFR XPLR Infrastructure LP | Add +281.3% | 0.52% | +0.37 |
| ADC Agree Realty Corp. | Add +1705.6% | 0.27% | +0.25 |
| EVRG Evergy Inc. | Add +61.5% | 0.65% | +0.24 |
| MRK Merck & Co. Inc. | Add +11.4% | 1.04% | +0.23 |
| SCHD Schwab US DVD Equity ETF | Add +19.0% | 1.37% | +0.22 |
| DLY Doubleline Yield Opport | New | 0.21% | +0.21 |
| GOOG Alphabet Inc. Class C | New | 0.20% | +0.20 |
| VZ Verizon Communications Inc. | Add +7.5% | 1.48% | +0.17 |
| ALB Albemarle Corp. | Add +194.8% | 0.28% | +0.17 |
| RTX RTX Corp. | Add +8.9% | 0.89% | +0.14 |
| VIG Vanguard Dividend Apprec ETF | Add +12.4% | 1.10% | +0.13 |
| FIS Fidelity National Info Serv | Add +23.9% | 0.38% | +0.12 |
| MAA Mid-America Apartment Comm | New | 0.11% | +0.11 |
| ET Energy Transfer LP | Add +32.5% | 0.38% | +0.11 |
| MPLX MPLX LP | Add +41.2% | 0.32% | +0.11 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Add +3.5% | 1.54% | +0.10 |
| BNS Bank of Nova Scotia | Add +7.5% | 1.33% | +0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +25.9% | 0.37% | +0.09 |
| MYI BlackRock Muniyield QLTY III | New | 0.08% | +0.08 |
| MDT Medtronic PLC | Add +7.1% | 1.21% | +0.08 |
| ARE Alexandria Real Estate Equit | Add +21.6% | 0.56% | +0.08 |
| LLY Eli Lilly & Co. | Add +8.4% | 0.30% | +0.08 |
| EMR Emerson Electric Co. | Add +0.7% | 0.76% | +0.07 |
| FDVV Fidelity High Dividend ETF | Add +8.7% | 0.74% | +0.07 |
| NNN NNN REIT Inc. | Add +1618.0% | 0.07% | +0.06 |
| TFC Truist Financial Corp. | Add +10.3% | 0.68% | +0.06 |
| PRU Prudential Financial Inc. | Add +12.5% | 0.36% | +0.06 |
| IFF Intl Flavors & Fragrances | Add +12.0% | 0.54% | +0.06 |
| GLW Corning Inc. | Add +19.6% | 0.29% | +0.05 |
| XOM Exxon Mobil Corp. | Add +35.0% | 0.17% | +0.05 |
| GPC Genuine Parts Co. | Add +8.5% | 0.36% | +0.05 |
| MRVL Marvell Technology Inc. | Add +2.2% | 0.37% | +0.04 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.04% | +0.04 |
| PDT John Hancock Prem DVD FND | Add +1.1% | 0.92% | +0.04 |
| AEP American Electric Power | Add +6.3% | 0.60% | +0.04 |
| KVUE Kenvue Inc. | Add +1463.8% | 0.04% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +23.9% | 0.14% | +0.03 |
| CVX Chevron Corp. | Add +2.4% | 1.38% | +0.03 |
| SCHG Schwab US Large-Cap Growth | New | 0.03% | +0.03 |
| AXP American Express Co. | Add +34.6% | 0.08% | +0.03 |
| DOW Dow Inc. | Add +7.6% | 0.41% | +0.03 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.03% | +0.03 |
| NOBL Proshares S&P 500 Dividend A | Add +7.1% | 0.37% | +0.03 |
| ZBH Zimmer Biomet Holdings Inc. | Add +99.4% | 0.05% | +0.03 |
| NI Nisource Inc. | Add +14.6% | 0.19% | +0.02 |
| AMD Advanced Micro Devices | Add +111.7% | 0.03% | +0.02 |
| AMAT Applied Materials Inc. | Add +22.1% | 0.06% | +0.02 |
| PFE Pfizer Inc. | Add +13.2% | 0.59% | +0.02 |
| WCN Waste Connections Inc. | New | 0.02% | +0.02 |
| SOXX iShares Semiconductor ETF | Add +3.5% | 0.11% | +0.01 |
Notes & Other Activity Q4 2023 → Q1 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -1.7% | 515 | $628K |
| AES CORP/THE (AES 6.875 02/15/24) | UNIT 02/15/2024 | Sold out | 83 | $6Kbefore exit |
| BNY Bank of New York Mellon Corp. | COM | Reduce -100.0% | 0 | $28 |
| PMM Franklin Managed Municipal I | COM | Reduce -100.0% | 0 | $0 |
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 | 166 | $396.3M | AVGO, EPD, STLD, CSCO, JPM |
| Q1 2026 | 163 | $353.0M | AVGO, EPD, STLD, JPM, DUK |
| Q4 2025 | 162 | $344.4M | AVGO, EPD, JPM, STLD, ABBV |
| Q3 2025 | 375 | $342.2M | AVGO, JPM, EPD, ABBV, FDVV |
| Q2 2025 | 162 | $308.3M | AVGO, JPM, EPD, DUK, IBM |
| Q1 2025 | 157 | $291.1M | EPD, JPM, DUK, ABBV, AVGO |
| Q4 2024 | 433 | $297.9M | AVGO, EPD, JPM, DUK, OKE |
| Q3 2024Amended | 415 | $220.3M | JPM, ABBV, PEP, STLD, LMT |
| Q2 2024 | 430 | $278.4M | EPD, AVGO, JPM, STLD, DUK |
| Q1 2024 | 447 | $277.2M | EPD, JPM, STLD, AVGO, PEP |