Pathway Financial Advisers, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), Pathway Financial Advisers, LLC reported 433 stock positions worth $297.9 million. Its top holding was Broadcom (AVGO) at 3.3% of the portfolio, followed by Enterprise Products Partners (EPD, 2.8%) and JPMorgan Chase (JPM, 2.6%). Compared with Q3 2024, it opened 30 new positions, sold out of 12, added to 194 and reduced 147. The biggest buy was a new position in Intl Business Machines (IBM) and the biggest sale Intl Flavors & Fragrances (IFF, shares −81%).

Most Recent 13F
Q2 2026
Location
AUBURN, IN
CIK
0002024152
Portfolio Value
$297.9M (Q4 2024)
SEC Filing
0002024152-25-000001 ↗ filed Jan 30, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $277.2M Q1 2024 Q2 2024: $278.4M Q2 2024 Q3 2024: $220.3M Q3 2024 Q4 2024: $297.9M $297.9M Q4 2024 Q1 2025: $291.1M Q1 2025 Q2 2025: $308.3M Q2 2025 Q3 2025: $342.2M Q3 2025 Q4 2025: $344.4M Q4 2025 Q1 2026: $353.0M Q1 2026 Q2 2026: $396.3M Q2 2026

Holdings 433 stocks · $297.9M

AVGO Broadcom Inc. 3.26% 41,848 $9.7M Reduce -99.4%
EPD Enterprise Products Partners 2.84% 270,066 $8.5M Reduce -96.5%
JPM JPMorgan Chase & Co. 2.62% 32,579 $7.8M Add +0.2%
DUK Duke Energy Corp. 2.11% 58,303 $6.3M Reduce -99.1%
OKE Oneok Inc. 2.02% 59,936 $6.0M Reduce -0.4%
AAPL Apple Inc. 2.01% 23,870 $6.0M Reduce -0.5%
ABBV Abbvie Inc. 1.95% 32,716 $5.8M Add +0.1%
PEP Pepsico Inc. 1.85% 36,154 $5.5M Add +1.2%
CSCO Cisco Systems Inc. 1.84% 92,573 $5.5M Reduce -98.1%
XETYX Eaton Vance Tax-MGD Div Eqty 1.79% 357,618 $5.3M Reduce -93.0%
STLD Steel Dynamics Inc. 1.73% 45,293 $5.2M Reduce -0.5%
ENB Enbridge Inc. 1.63% 114,423 $4.9M Reduce -97.5%
LMT Lockheed Martin Corp. 1.61% 9,844 $4.8M Add +1.3%
O Realty Income Corp. 1.60% 89,318 $4.8M Add +1.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.58% 21,409 $4.7M New
PG The Procter & Gamble Co. 1.44% 25,601 $4.3M Add +0.4%
SO The Southern Co. 1.39% 50,185 $4.1M Reduce -1.8%
SCHD Schwab US DVD Equity ETF 1.37% 149,849 $4.1M Add +0.9%
VZ Verizon Communications Inc. 1.36% 101,136 $4.0M Add +0.9%
WMT Walmart Inc. 1.35% 44,679 $4.0M Reduce -1.9%
MSFT Microsoft Corp. 1.34% 9,494 $4.0M Add +2.1%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 1.33% 73,690 $4.0M Reduce -98.1%
CVX Chevron Corp. 1.31% 26,985 $3.9M Reduce -99.3%
VIG Vanguard Dividend Apprec ETF 1.26% 19,151 $3.8M Add +3.4%
AMGN Amgen Inc. 1.22% 13,975 $3.6M Add +0.9%
MCD McDonald's Corp. 1.16% 11,951 $3.5M Add +0.5%
UNH Unitedhealth Group Inc. 1.13% 6,676 $3.4M Add +0.0%
OHI Omega Healthcare Investors 1.13% 88,955 $3.4M Add +0.6%
PM Philip Morris International 1.09% 26,974 $3.2M Add +1.9%
MDT Medtronic PLC 1.07% 39,805 $3.2M Reduce -2.0%
RTX RTX Corp. 1.02% 26,377 $3.1M Add +1.1%
JNJ Johnson & Johnson 0.98% 20,138 $2.9M Add +0.4%
APD Air Products & Chemicals Inc. 0.97% 9,914 $2.9M Add +2.0%
PDT John Hancock Prem DVD FND 0.95% 222,209 $2.8M Add +0.7%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.94% 95,534 $2.8M Add +1.8%
WM Waste Management Inc. 0.93% 13,714 $2.8M Add +1.6%
CMI Cummins Inc. 0.91% 7,766 $2.7M Reduce -99.7%
EVRG Evergy Inc. 0.89% 42,868 $2.6M Reduce -98.3%
GS Goldman Sachs Group Inc. 0.81% 4,237 $2.4M Reduce -1.1%
FDVV Fidelity High Dividend ETF 0.81% 48,284 $2.4M Reduce -1.8%
EMR Emerson Electric Co. 0.79% 19,054 $2.4M Reduce -99.1%
WLKP Westlake Chemical Partners L 0.79% 101,780 $2.4M Reduce -95.4%
MRK Merck & Co. Inc. 0.75% 22,475 $2.2M Add +1.0%
KO The Coca-Cola Co. 0.72% 34,446 $2.1M Reduce -98.6%
UPS United Parcel Service Class B 0.72% 16,992 $2.1M Reduce -0.8%
MET Metlife Inc. 0.72% 26,096 $2.1M Reduce -0.8%
TFC Truist Financial Corp. 0.70% 48,261 $2.1M Add +0.2%
UL Unilever PLC 0.70% 36,700 $2.1M Add +0.4%
QCOM Qualcomm Inc. 0.70% 13,526 $2.1M Add +4.5%
DLR Digital Realty Trust Inc. 0.69% 11,548 $2.0M Reduce -99.4%
HD Home Depot Inc. 0.66% 5,031 $2.0M Reduce -2.6%
HYT BlackRock Corp. Hi YLD 0.63% 191,011 $1.9M Reduce -89.8%
NVDA Nvidia Corp. 0.62% 13,778 $1.9M Reduce -0.4%
WPC WP Carey Inc. 0.62% 33,860 $1.8M Reduce -1.4%
ABT Abbott Laboratories 0.61% 1,384 $1.8M Reduce -50.0%
TD Toronto-Dominion Bank 0.61% 34,028 $1.8M Reduce -1.8%
AEP American Electric Power 0.60% 19,412 $1.8M Add +0.5%
ET Energy Transfer LP 0.59% 89,283 $1.7M Reduce -93.3%
EXR Extra Space Storage Inc. 0.56% 11,250 $1.7M Reduce -99.4%
MRVL Marvell Technology Inc. 0.56% 15,237 $1.7M Add +0.6%
WEC WEC Energy Group Inc. 0.56% 17,672 $1.7M Add +2.8%
NOC Northrop Grumman Corp. 0.53% 3,382 $1.6M Add +2.3%
SLF Sun Life Financial Inc. 0.53% 26,561 $1.6M Add +2.4%
AMZN Amazon.com Inc. 0.52% 7,117 $1.6M Add +1.2%
BRK.B Berkshire Hathaway Inc. Class B 0.52% 3,412 $1.5M Reduce -99.8%
FDIS Fidelity MSCI Cons Discr Ind 0.51% 15,576 $1.5M Add +0.6%
NTR Nutrien Ltd. 0.45% 30,145 $1.3M Reduce -1.8%
GD General Dynamics Corp. 0.45% 5,115 $1.3M Add +1.3%
PSX Phillips 66 0.45% 11,711 $1.3M Add +1.9%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.45% 12,619 $1.3M Reduce -0.8%
UNP Union Pacific Corp. 0.44% 5,786 $1.3M Add +1.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.44% 2,250 $1.3M Add +8.8%
V Visa Inc. Class A 0.44% 4,141 $1.3M Add +2.8%
MPLX MPLX LP 0.44% 27,110 $1.3M Add +4.1%
TXN Texas Instruments Inc. 0.43% 6,847 $1.3M Reduce -0.8%
WTRG Essential Utilities Inc. 0.41% 33,487 $1.2M Reduce -97.3%
GPC Genuine Parts Co. 0.40% 10,166 $1.2M Add +1.5%
USB US Bancorp 0.40% 24,709 $1.2M Add +1.6%
ADC Agree Realty Corp. 0.40% 16,747 $1.2M Add +2.8%
ARE Alexandria Real Estate Equit 0.38% 11,656 $1.1M Reduce -2.8%
BLK BlackRock Inc. 0.38% 1,092 $1.1M Reduce -99.9%
NOBL Proshares S&P 500 Dividend A 0.38% 11,241 $1.1M Add +1.3%
BCE Bce Inc. 0.37% 48,088 $1.1M Reduce -97.4%
GLW Corning Inc. 0.37% 23,267 $1.1M Reduce -97.8%
PRU Prudential Financial Inc. 0.36% 9,128 $1.1M Add +0.3%
ALL Allstate Corp. 0.36% 5,557 $1.1M Add +0.1%
PEBO Peoples Bancorp Inc. 0.36% 33,552 $1.1M Reduce -0.6%
HIO Western Asset Hi Inc. Opport 0.36% 270,390 $1.1M Add +0.7%
CVS CVS Health Corp. 0.35% 23,556 $1.1M Reduce -98.6%
PFE Pfizer Inc. 0.35% 38,845 $1.0M Reduce -1.9%
BIP Brookfield Infrastructure Pa 0.33% 30,981 $985K Reduce -97.1%
RY Royal Bank of Canada 0.32% 7,966 $960K Add +3.1%
NEE Nextera Energy Inc. 0.31% 12,881 $923K Add +2.6%
LLY Eli Lilly & Co. 0.31% 1,186 $915K Reduce -99.9%
KLAC KLA Corp. 0.30% 1,429 $900K Add +3.6%
GOOGL Alphabet Inc. Class A 0.30% 4,676 $885K Add +8.3%
FHLC Fidelity MSCI Health Care 0.30% 13,521 $884K Reduce -2.1%
DE Deere & Co. 0.29% 2,048 $867K Reduce -99.8%
NSC Norfolk Southern Corp. 0.29% 3,693 $867K Reduce -99.6%
DVY iShares Select Dividend ETF 0.28% 6,318 $829K Add +1.4%
NI Nisource Inc. 0.27% 21,816 $802K Add +0.3%
AXP American Express Co. 0.26% 2,609 $774K Add +3.7%
AMT American Tower Corp. 0.26% 4,163 $763K Reduce -2.9%
SBUX Starbucks Corp. 0.25% 8,288 $756K Add +3.2%
DOW Dow Inc. 0.25% 18,632 $748K Reduce -98.3%
SOFI Sofi Technologies Inc. 0.25% 48,497 $747K Reduce -3.3%
XIFR XPLR Infrastructure LP filed as NEXTERA ENERGY PARTNERS LP 0.25% 41,218 $734K Reduce -17.7%
GOOG Alphabet Inc. Class C 0.24% 3,688 $702K Add +3.6%
LRCX Lam Research Corp. 0.23% 9,691 $700K Add +7.4%
TMO Thermo Fisher Scientific Inc. 0.23% 1,330 $692K Reduce -6.5%
LKFN Lakeland Financial Corp. 0.23% 10,028 $690K Add +0.1%
NOW ServiceNow Inc. 0.21% 596 $631K Reduce -34.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.21% 14,142 $622K Reduce -97.5%
DLY Doubleline Yield Opport 0.20% 37,610 $595K Reduce -93.8%
ACN Accenture PLC Class A 0.20% 1,685 $593K Add +3.2%
MAA Mid-America Apartment Comm 0.19% 3,747 $579K Add +11.4%
RSG Republic Services Inc. 0.19% 2,871 $578K Add +0.2%
XOM Exxon Mobil Corp. 0.19% 5,274 $567K Reduce -99.1%
VOO Vanguard S&P 500 ETF 0.19% 1,041 $561K Add +4.5%
NUV Nuveen Municipal Value 0.19% 64,746 $556K Add +10.9%
NNN NNN REIT Inc. 0.18% 12,840 $525K Add +12.0%
PFXF Vaneck Pref Sec X-Financials 0.17% 29,804 $514K Reduce -0.3%
BMY Bristol-Myers Squibb Co. 0.17% 9,034 $511K Reduce -97.9%
REGL Prshrs S&P Mid 400 DVD Arist 0.17% 6,109 $493K Reduce -1.5%
ELV Elevance Health Inc. 0.16% 1,284 $474K Reduce -99.8%
GIS General Mills Inc. 0.16% 7,287 $465K Add +1.0%
ALB Albemarle Corp. 0.15% 5,352 $461K Reduce -11.8%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.15% 5,232 $442K Reduce -80.6%
TDIV FT Nasdaq Tech DVD Index FD 0.15% 5,603 $440K Reduce -0.4%
CSX CSX Corp. 0.15% 13,488 $435K Reduce -97.1%
EQIX Equinix Inc. 0.14% 451 $425K Reduce -99.9%
SOXX iShares Semiconductor ETF 0.14% 1,923 $414K Add +5.5%
DOC Healthpeak Properties Inc. 0.14% 20,286 $411K Add +6.0%
XLK SS Technology Select Sector 0.14% 1,844 $407K Add +13.6%
FLC Flaherty & Crumrine TTL RTRN 0.12% 21,966 $367K Reduce -2.1%
COST Costco Wholesale Corp. 0.12% 377 $345K Reduce -99.9%
LOW Lowe's Cos Inc. 0.11% 1,327 $327K Add +0.4%
YUM Yum! Brands Inc. 0.10% 2,180 $292K Add +2.5%
AWR American States Water Co. filed as AMER STATES WTR CO 0.10% 3,735 $290K Add +0.6%
FREL Fidelity MSCI RL Est Indx 0.09% 10,192 $275K Reduce -7.9%
KVUE Kenvue Inc. 0.09% 12,697 $271K Add +19.1%
BX Blackstone Inc. 0.09% 1,552 $268K Reduce -99.3%
STAG Stag Industrial Inc. 0.09% 7,705 $261K Add +3.8%
GLD SPDR Gold Shares 0.08% 1,045 $253K No change
MA Mastercard Inc. Class A 0.08% 481 $253K Add +3.2%
FIDU Fidelity MSCI Indust Indx 0.08% 3,565 $251K Add +1.4%
NAD Nuveen Quality Municipal Inc. 0.08% 20,623 $240K Add +2.0%
FUTY Fidelity MSCI US Utilities 0.08% 4,907 $239K Reduce -0.5%
FRME First Merchants Corp. 0.08% 5,702 $227K Add +0.9%
FSTA Fidelity MSCI Cons Stap Indx 0.08% 4,532 $224K Reduce -0.2%
QQQ Invesco QQQ Trust Series 1 0.07% 430 $219K Add +9.7%
FIS Fidelity National Info Serv 0.07% 2,642 $213K Reduce -0.5%
MYI BlackRock Muniyield QLTY III 0.07% 19,148 $211K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 1,712 $207K Add +0.3%
BIPC Brookfield Infrastructure-A 0.07% 5,104 $204K Reduce -97.7%
BHP BHP Group Ltd.-Spon ADR 0.07% 4,101 $200K Reduce -98.4%
SMG Scotts Miracle-Gro Co. 0.07% 2,995 $199K Add +0.6%
RGTI Rigetti Computing Inc. 0.07% 12,907 $197K New
FTEC Fidelity MSCI Info Tech Indx 0.06% 1,043 $193K Add +1.9%
WFC Wells Fargo & Co. 0.06% 2,597 $182K No change
MOAT Vaneck Morningstar Wide Moat 0.06% 1,817 $168K Add +0.1%
TSLA Tesla Inc. 0.06% 414 $167K Reduce -1.0%
VB Vanguard Most SM-Cap ETF-Usd 0.05% 668 $160K Add +1.4%
HSY The Hershey Co. 0.05% 937 $159K Reduce -9.5%
CNI Canadian Natl Railway Co. 0.05% 1,521 $154K Reduce -99.2%
SCHG Schwab US Large-Cap Growth 0.05% 5,460 $152K New
K Kellanova 0.05% 1,844 $149K Add +0.5%
HBNC Horizon Bancorp Inc. 0.05% 8,996 $145K Add +0.3%
PCEF Invesco Cef Income Composite 0.05% 7,551 $145K Reduce -1.0%
HRL Hormel Foods Corp. 0.05% 4,611 $145K Add +0.0%
NUE Nucor Corp. 0.05% 1,204 $141K Add +0.3%
FMAT Fidelity MSCI Materials Indx 0.05% 2,908 $140K Reduce -0.3%
SLV iShares Silver Trust 0.05% 5,174 $136K Add +8.4%
CEG Constellation Energy 0.05% 606 $136K Reduce -99.5%
OIA Invesco Municipal Income Opp 0.04% 22,493 $133K Add +1.0%
FBTC Fidelity Wise Origin Bitcoin 0.04% 1,622 $132K Add +160.8%
AMAT Applied Materials Inc. 0.04% 791 $129K Reduce -3.1%
ITW Illinois Tool Works 0.04% 474 $120K No change
ADI Analog Devices Inc. 0.04% 566 $120K Add +0.2%
GBTC Grayscale Bitcoin Trust ETF 0.04% 1,618 $120K Add +0.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.04% 1,062 $118K Reduce -99.0%
VRA Vera Bradley Inc. 0.04% 29,906 $118K New
CAT Caterpillar Inc. 0.04% 319 $116K Reduce -99.7%
TAP Molson Coors Beverage Co. Class B 0.04% 1,895 $109K Add +20.3%
WELL Welltower Inc. 0.03% 825 $104K Add +0.2%
HYMB SS SPDR N Ice HY Muni ETF 0.03% 4,026 $103K New
VDC Vanguard Consumer Staple ETF 0.03% 456 $101K Add +5.1%
GE General Electric filed as GE AEROSPACE 0.03% 589 $98K Reduce -4.4%
PFD Flaherty & Crumrin Pre&inc F 0.03% 6,332 $97K Add +88.6%
ASML ASML Holding NV-NY Reg SHS 0.03% 140 $97K Add +2.9%
VYM Vanguard High DVD Yield ETF 0.03% 750 $96K Add +0.5%
AES AES Corp. 0.03% 7,316 $94K Add +4.0%
JPC Nuveen Prefered & Income Opp 0.03% 11,774 $93K Add +1.0%
CP Canadian Pacific Kansas City 0.03% 1,208 $87K Reduce -98.8%
FDX FedEx Corp. 0.03% 309 $87K Add +0.7%
SFY Sofi Select 500 ETF 0.03% 748 $81K New
ETR Entergy Corp. 0.03% 1,068 $81K Reduce -98.6%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.03% 498 $80K Add +10.9%
EWL iShares MSCI Switzerland ETF 0.03% 1,737 $80K No change
AFL Aflac Inc. 0.03% 771 $80K No change
LHX L3HARRIS Technologies Inc. 0.03% 375 $79K Add +0.5%
MDLZ Mondelez International Inc. Class A 0.03% 1,311 $78K Add +0.2%
VHT Vanguard Health Care ETF 0.03% 301 $76K Add +4.5%
EWA iShares MSCI Australia ETF 0.03% 3,196 $76K No change
PLD Prologis Inc. 0.03% 722 $76K Add +17.2%
KR Kroger Co. 0.03% 1,217 $74K Add +0.3%
FNCL Fidelity MSCI Financial Indx 0.02% 1,063 $73K Add +7.2%
ORCL Oracle Corp. 0.02% 437 $73K Add +0.5%
UNM Unum Group 0.02% 996 $73K Add +0.4%
ARLP Alliance Resource Partners 0.02% 2,707 $71K No change
IUSV iShares Core S&P U.S. Value 0.02% 756 $70K Add +0.7%
MO Altria Group Inc. 0.02% 1,307 $68K Add +1.8%
ULTA Ulta Beauty Inc. 0.02% 155 $67K Add +0.7%
TECK Teck Resources Ltd.-CLS B 0.02% 1,609 $65K No change
EXC Exelon Corp. 0.02% 1,727 $65K Reduce -97.5%
IHF iShares U.S. Healthcare Prov 0.02% 1,309 $63K Add +0.2%
MPC Marathon Petroleum Corp. 0.02% 437 $61K Add +0.2%
OZK Bank Ozk 0.02% 1,349 $60K Reduce -97.7%
UFOX Defiance Space and Connectiv 0.02% 1,219 $58K Reduce -98.3%
NVS Novartis AG-Sponsored ADR 0.02% 594 $58K No change
BTI British American Tob-SP ADR 0.02% 1,588 $58K Reduce -97.2%
VGT Vanguard Info Tech ETF 0.02% 93 $58K No change
FPX First Trust US Equity Opport 0.02% 471 $56K Add +0.2%
FBCG Fidelity Blue Chip Grow ETF 0.02% 1,211 $56K Add +29.0%
JEPI JPMorgan Equity Premium Inco 0.02% 969 $56K Add +17.0%
KMB Kimberly-Clark Corp. 0.02% 424 $55K Add +0.7%
INTC Intel Corp. 0.02% 2,762 $55K Reduce -44.1%
FENY Fidelity MSCI Energy Index 0.02% 2,310 $55K Add +1.0%
RUM Rum Group Inc. filed as RUMBLE INC 0.02% 4,220 $55K No change
XMVFX BlackRock Munivest Fund 0.02% 7,793 $55K Reduce -88.0%
MUA BlackRock Muniassets Fund 0.02% 4,937 $54K Reduce -91.8%
MSEX Middlesex Water Co. 0.02% 995 $52K Add +0.1%
ADP Automatic Data Processing 0.02% 177 $52K Reduce -99.6%
PSA Public Storage 0.02% 169 $51K Add +1.2%
CARR Carrier Global Corp. 0.02% 733 $50K Reduce -98.8%
GEV GE Vernova Inc. 0.02% 152 $50K No change
YUMC Yum China Holdings Inc. 0.02% 985 $47K Add +0.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.02% 179 $47K Add +0.6%
XMUIX BlackRock Municipal Income 0.02% 3,855 $47K Reduce -99.0%
MQY BlackRock Muniyield Quality 0.02% 4,053 $47K Reduce -98.6%
FVD First Trust Value Line DVD 0.02% 1,052 $46K Add +0.7%
D Dominion Energy Inc. 0.02% 841 $45K Reduce -98.3%
IJH iShares Core S&P Midcap ETF 0.01% 707 $44K Add +499.1%
HON Honeywell International Inc. 0.01% 194 $44K Add +0.5%
KMI Kinder Morgan Inc. 0.01% 1,588 $43K Add +0.1%
RIO Rio Tinto PLC-Spon ADR 0.01% 731 $43K Add +9.6%
DRLL Strive US Energy ETF 0.01% 1,561 $43K Reduce -96.4%
FBIN Fortune Brands Innovations I 0.01% 600 $41K No change
ES Eversource Energy 0.01% 712 $41K Reduce -98.5%
IRT Independence Realty Trust Inc. 0.01% 1,965 $39K Add +0.5%
COP Conocophillips 0.01% 391 $39K Reduce -99.0%
AMD Advanced Micro Devices 0.01% 315 $38K Reduce -22.2%
DHS Wisdomtree US High Dividend 0.01% 407 $38K Add +1.0%
AEE Ameren Corporation 0.01% 424 $38K Add +0.2%
SMH Vaneck Semiconductor ETF 0.01% 154 $37K Add +0.7%
XYL Xylem Inc. 0.01% 318 $37K Add +122.4%
TRV The Travelers Cos Inc. 0.01% 151 $36K No change
DG Dollar General Corp. 0.01% 472 $36K Reduce -98.5%
ETHE Grayscale Ethereum Staking E 0.01% 1,261 $35K Reduce -12.8%
IBIT iShares Bitcoin Trust ETF 0.01% 665 $35K Add +52.9%
FCOM Fidelity MSCI Comm Serv Indx 0.01% 591 $35K Reduce -13.5%
BKH Black Hills Corp. 0.01% 592 $35K Reduce -98.3%
MLM Martin Marietta Materials 0.01% 67 $35K No change
SCHP Schwab U.S. Tips ETF 0.01% 1,298 $34K Add +0.9%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.01% 341 $33K Reduce -98.9%
WLK Westlake Corp. 0.01% 284 $33K Add +0.7%
PANW Palo Alto Networks Inc. 0.01% 178 $32K Reduce -9.2%
LH Labcorp Holdings Inc. 0.01% 138 $31K Add +0.7%
NZF Nuveen Municipal Credit Inc. 0.01% 2,490 $30K Add +0.7%
FDL First Trust Morn DVD Lead Inc. 0.01% 736 $30K Add +0.7%
BOTZ Global X Robotics & Artifici 0.01% 925 $30K Add +0.1%
XLI SS Industrial Select Sector 0.01% 220 $29K Add +0.5%
SPHD Invesco S&P 500 High Dividen 0.01% 591 $29K New
VNQ Vanguard Real Estate ETF 0.01% 320 $29K No change
VLO Valero Energy Corp. 0.01% 229 $28K Add +32.4%
KKR KKR & Co. Inc. 0.01% 186 $28K No change
CB Chubb Ltd. 0.01% 100 $27K Reduce -99.7%
NFLX Netflix Inc. 0.01% 31 $27K Add +82.3%
CFR Cullen/Frost Bankers Inc. 0.01% 202 $27K Reduce -99.1%
ABNB Airbnb Inc. Class A 0.01% 200 $26K No change
ROK Rockwell Automation Inc. 0.01% 92 $26K No change
IONQ Ionq Inc. 0.01% 618 $26K New
NGG National Grid PLC-SP ADR 0.01% 429 $25K No change
MCHP Microchip Technology Inc. 0.01% 442 $25K Add +0.7%
CRS Carpenter Technology 0.01% 149 $25K Reduce -99.4%
SCI Service Corp. International 0.01% 317 $25K Add +0.6%
UMH Umh Properties Inc. filed as UMH PPTYS INC 0.01% 1,313 $25K Add +1.2%
VST Vistra Corp. 0.01% 179 $25K Add +616.0%
XLP SS Consumer Staples Sel Sect 0.01% 308 $24K Add +0.3%
RVT Royce Small-Cap Trust Inc. 0.01% 1,495 $24K No change
TM Toyota Motor Corp. -Spon ADR 0.01% 120 $23K Add +0.8%
TTE Totalenergies SE -Spon ADR 0.01% 425 $23K No change
SPYD SS SPDR P S&P 500 Hi Div ETF 0.01% 536 $23K No change
META Meta Platforms Inc. Class A 0.01% 40 $23K Add +2.6%
GTLS Chart Industries Inc. 0.01% 121 $23K Reduce -98.5%
KBE SS SPDR S&P Bank ETF 0.01% 405 $22K Add +0.8%
DMLP Dorchester Minerals LP 0.01% 672 $22K Reduce -96.7%
ARCC Ares Capital Corp. 0.01% 1,004 $22K Add +0.1%
HBAN Huntington Bancshares Inc. 0.01% 1,327 $22K Add +0.6%
GEHC GE Healthcare Technology 0.01% 276 $22K No change
HR Healthcare Realty Trust Inc. 0.01% 1,262 $21K Add +1.7%
CDNS Cadence Design SYS Inc. 0.01% 70 $21K Reduce -99.5%
ED Consolidated Edison Inc. 0.01% 236 $21K Reduce -99.0%
SYK Stryker Corp. 0.01% 58 $21K Add +1.8%
SCHW Schwab (charles) Corp. 0.01% 268 $20K Add +0.4%
VMC Vulcan Materials Co. 0.01% 77 $20K Add +1.3%
DRS Leonardo DRS Inc. 0.01% 600 $19K No change
NEM Newmont Corp. 0.01% 506 $19K No change
ZBH Zimmer Biomet Holdings Inc. 0.01% 179 $19K Reduce -83.2%
PYPL PayPal Holdings Inc. 0.01% 219 $19K No change
ADBE Adobe Inc. 0.01% 42 $19K Add +500.0%
AZN Astrazeneca PLC-Spons ADR 0.01% 284 $19K No change
HIG Hartford Insurance Group Inc. 0.01% 169 $18K Add +0.6%
F Ford Motor Co. filed as FORD MTR CO 0.01% 1,841 $18K No change
SPG Simon Property Group Inc. 0.01% 106 $18K Add +1.9%
HTGC Hercules Capital Inc. 0.01% 837 $17K No change
IYT iShares US Transportation Et 0.01% 248 $17K No change
VOOG Vanguard S&P 500 Growth ETF 0.01% 46 $17K No change
STXF Strive 500 ETF 0.01% 442 $17K New
IGA Voya Global Advan & Prem Opp 0.01% 1,800 $17K No change
FSK FS KKR Capital Corp. 0.01% 755 $16K No change
DAL Delta Air Lines Inc. 0.01% 270 $16K Reduce -98.0%
BANX Arrowmark Financial Corp. 0.01% 750 $16K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.01% 394 $15K Add +0.8%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.01% 189 $15K Reduce -64.5%
ARQQ Arqit Quantum Inc. 0.00% 375 $15K New
USMV iShares MSCI USA Min Vol Fac 0.00% 163 $14K Add +0.6%
WPM Wheaton Precious Metals Corp. 0.00% 253 $14K No change
GUT Gabelli Utility Trust 0.00% 2,780 $14K Reduce -18.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.00% 35 $14K New
ETJ Eaton Vance RSK-MGD Divers 0.00% 1,462 $14K Reduce -88.9%
C Citigroup Inc. 0.00% 192 $14K Reduce -98.1%
IBB iShares Biotechnology ETF 0.00% 102 $13K No change
BTC Grayscale Bitcoin Mini ETF 0.00% 320 $13K Reduce -1.1%
IWF iShares Russell 1000 Growth 0.00% 34 $13K Add +3.0%
VTI VG Morningstar TS MKT ETF-US 0.00% 46 $13K No change
NXPI NXP Semiconductors NV 0.00% 64 $13K No change
MKC McCormick & Co.-Non VTG SHRS 0.00% 172 $13K No change
SDOG Alps Sector Dividend Dogs 0.00% 232 $13K No change
IGHG Proshares Ig Hedged 0.00% 165 $13K No change
EG Everest Group Ltd. 0.00% 35 $13K Reduce -99.7%
AI C3.AI Inc. Class A 0.00% 365 $13K Reduce -95.9%
CTOS Custom Truck One Source Inc. 0.00% 2,606 $13K Reduce -59.7%
TSM Taiwan Semiconductor-SP ADR 0.00% 64 $13K Add +68.4%
REXR Rexford Industrial Realty Inc. 0.00% 324 $13K Add +68.8%
VTV Vanguard Mrngstr Val ETF-Aui 0.00% 72 $12K New
XLGIX Lazard GLBL TTL RTRN & Inc. 0.00% 750 $12K No change
SPHQ Invesco S&P 500 Quality ETF 0.00% 177 $12K Add +0.6%
DGRO iShares Core Dividend Growth 0.00% 193 $12K New
QYLD Global X Nasd 100 Cov Call 0.00% 643 $12K Add +2.1%
ITA iShares U.S. Aerospace & Def 0.00% 81 $12K Add +1.3%
AEG Aegon Ltd.-NY Reg SHR 0.00% 1,972 $12K New
AWK American Water Works Co. Inc. 0.00% 94 $12K Add +1.1%
VYMI Vanguard Int High DVD YLD Inc. 0.00% 169 $11K Add +1.8%
FESM Fidelity Enhanced Small Cap 0.00% 294 $11K Add +57.2%
HESM Hess Midstream LP Class A 0.00% 300 $11K No change
HIW Highwoods Properties Inc. 0.00% 339 $10K No change
SNSR Global X Internet of Things 0.00% 288 $10K No change
FCX Freeport-McMoran Inc. 0.00% 255 $10K Add +0.4%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.00% 33 $10K New
SLQD iShares 0-5 YR Inv GRD Corp. 0.00% 187 $9K No change
FDTX Fidelity Disrupt Tech ETF 0.00% 259 $9K Add +0.4%
FMHI First Trust Municipal High I 0.00% 188 $9K No change
CMG Chipotle Mexican Grill Inc. 0.00% 150 $9K Reduce -98.3%
QUAL iShares MSCI USA Quality Fac 0.00% 51 $9K Add +2.0%
MBC Masterbrand Inc. 0.00% 600 $9K No change
DSL Doubleline Income Solutions 0.00% 692 $9K Reduce -92.2%
USA Liberty All Star Equity Fund 0.00% 1,250 $9K No change
DRIV Global X Autonomous&elec-ETF 0.00% 377 $9K Add +0.3%
CIBR First Trust Nasdaq Cybersecu 0.00% 126 $8K Add +0.8%
SPHY SS SPDR P High Yield ETF 0.00% 336 $8K Add +0.3%
VFH Vanguard Financials ETF 0.00% 67 $8K No change
TCPC BlackRock TCP Capital Corp. 0.00% 875 $8K Reduce -87.9%
CMCSA Comcast Corp. Class A 0.00% 198 $7K Reduce -97.6%
LQDI iShares Inflation Hedged Cor 0.00% 280 $7K Add +1.8%
PEY Invesco High Yield Equity Di 0.00% 332 $7K No change
IUSG iShares Core S&P U.S. Growth 0.00% 50 $7K Add +2.0%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.00% 35 $7K Add +2.9%
DT Dynatrace Inc. 0.00% 125 $7K New
EVN Eaton Vance Muni Inc. TR 0.00% 665 $7K Reduce -90.9%
CCI Crown Castle Inc. 0.00% 74 $7K Reduce -99.7%
SMDV Proshrs RSL 2000 DVD GRW ETF 0.00% 98 $7K New
SNOW Snowflake Inc. 0.00% 42 $6K New
RF Regions Financial Corp. 0.00% 273 $6K Add +1.1%
OXY Occidental Petroleum Corp. 0.00% 130 $6K Add +30.0%
CBT Cabot Corp. 0.00% 70 $6K Reduce -99.1%
NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC 0.00% 87 $6K Add +1.2%
HDV iShares Core High Dividend E 0.00% 54 $6K Add +1.9%
LASE Laser Photonics Corp. 0.00% 1,000 $6K New
IWM iShares Russell 2000 ETF 0.00% 27 $6K Add +3.9%
WSO Watsco Inc. 0.00% 13 $6K Add +8.3%
CLBT Cellebrite Di Ltd. 0.00% 260 $6K Reduce -94.1%
SPXL Direxion Daily S&P 500 Bull 0.00% 33 $6K Reduce -99.4%
FELE Franklin Electric Co. Inc. 0.00% 55 $5K No change
BYM BlackRock Muni Inc. QLTY 0.00% 489 $5K Reduce -91.7%
ANGL Vaneck Fallen Angel High YLD 0.00% 178 $5K Add +2.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.00% 19 $5K Add +216.7%
PGX Invesco Preferred ETF 0.00% 417 $5K No change
KTF DWS Municipal Income Trust 0.00% 506 $5K Reduce -90.0%
ZS Zscaler Inc. 0.00% 26 $5K New
MLPA Global X MLP ETF 0.00% 95 $5K Add +2.1%
EMN Eastman Chemical Co. 0.00% 51 $5K Reduce -99.1%
XLF SS Financial Select Sector 0.00% 95 $5K Add +1.1%
XBNYX BlackRock New York Muni Inc. 0.00% 439 $4K Reduce -90.9%
VWO Vanguard Ftse Emerging Marke 0.00% 98 $4K New
GFS Globalfoundries Inc. 0.00% 100 $4K No change
ETH Grayscale Ethereum Staking M 0.00% 124 $4K Reduce -14.3%
NVG Nuveen Amt-FR Muni CRDT 0.00% 315 $4K Add +0.3%
ALNT Allient Inc. 0.00% 155 $4K Add +0.7%
SPIR Spire Global Inc. 0.00% 266 $4K Reduce -20.4%
MIRM Mirum Pharmaceuticals Inc. 0.00% 87 $4K No change
IVV iShares Core S&P 500 ETF 0.00% 7 $4K Add +133.3%
NKE Nike Inc. Class B 0.00% 45 $3K New
UAL United Airlines Holdings Inc. 0.00% 30 $3K No change
SPXC SPX Technologies Inc. 0.00% 20 $3K No change
WOLF Wolfspeed Inc. 0.00% 420 $3K Add +5.0%
IYK iShares US Consumer Staples 0.00% 42 $3K Reduce -33.3%
OKTA Okta Inc. 0.00% 34 $3K New
DEEP Acquirers Small and Micro DE 0.00% 76 $3K Reduce -97.2%
PATH Uipath Inc. Class A 0.00% 192 $2K New
VIGI Vanguard Int Div App Indx FD 0.00% 29 $2K No change
LEG Leggett & Platt Inc. 0.00% 214 $2K Add +0.5%
MURA Mural Oncology PLC 0.00% 532 $2K No change
PLTR Palantir Technologies Inc. Class A 0.00% 20 $2K Reduce -66.7%
T AT&T Inc. 0.00% 46 $1K New
SFL SFL Corp. Ltd. 0.00% 100 $1K New
LUMN Lumen Technologies Inc. 0.00% 179 $951 New
LBTYA Liberty Global Ltd. Class A 0.00% 71 $906 No change
SNREY Sunrise Communicat Class A 0.00% 14 $604 New
B Barrick Gold Corp. 0.00% 36 $554 Reduce -94.9%
SIRI Sirius XM Holdings Inc. 0.00% 20 $454 No change
CTAS Cintas Corp. 0.00% 2 $317 Reduce -100.0%
WBD Warner Bros Discovery Inc. 0.00% 10 $106 New
Other holdings (1): bonds, preferreds, convertibles and warrants · $607K (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 508$607KAdd +0.4%

Total filed on the 13F, all lines: $298.5M.

Portfolio Sells Q3 2024 → Q4 2024

IFF Intl Flavors & Fragrances Reduce -80.6% 0.15% −2.27
STLD Steel Dynamics Inc. Reduce -0.5% 1.73% −0.87
SO The Southern Co. Reduce -1.8% 1.39% −0.71
MDT Medtronic PLC Reduce -2.0% 1.07% −0.59
AAPL Apple Inc. Reduce -0.5% 2.01% −0.53
OKE Oneok Inc. Reduce -0.4% 2.02% −0.47
TD Toronto-Dominion Bank Reduce -1.8% 0.61% −0.39
XIFR XPLR Infrastructure LP Reduce -17.7% 0.25% −0.38
WPC WP Carey Inc. Reduce -1.4% 0.62% −0.35
UPS United Parcel Service Class B Reduce -0.8% 0.72% −0.34
FDVV Fidelity High Dividend ETF Reduce -1.8% 0.81% −0.32
WMT Walmart Inc. Reduce -1.9% 1.35% −0.31
HD Home Depot Inc. Reduce -2.6% 0.66% −0.29
MET Metlife Inc. Reduce -0.8% 0.72% −0.28
ARE Alexandria Real Estate Equit Reduce -2.8% 0.38% −0.26
IRM Iron Mountain Inc. Reduce -0.8% 0.45% −0.24
NTR Nutrien Ltd. Reduce -1.8% 0.45% −0.22
TXN Texas Instruments Inc. Reduce -0.8% 0.43% −0.22
AMT American Tower Corp. Reduce -2.9% 0.26% −0.20
PFE Pfizer Inc. Reduce -1.9% 0.35% −0.17
TMO Thermo Fisher Scientific Inc. Reduce -6.5% 0.23% −0.17
FHLC Fidelity MSCI Health Care Reduce -2.1% 0.30% −0.16
GS Goldman Sachs Group Inc. Reduce -1.1% 0.81% −0.15
NVDA Nvidia Corp. Reduce -0.4% 0.62% −0.14
ALB Albemarle Corp. Reduce -11.8% 0.15% −0.11
PEBO Peoples Bancorp Inc. Reduce -0.6% 0.36% −0.10
PFXF Vaneck Pref Sec X-Financials Reduce -0.3% 0.17% −0.08
REGL Prshrs S&P Mid 400 DVD Arist Reduce -1.5% 0.17% −0.07
TDIV FT Nasdaq Tech DVD Index FD Reduce -0.4% 0.15% −0.06
FREL Fidelity MSCI RL Est Indx Reduce -7.9% 0.09% −0.06
FLC Flaherty & Crumrine TTL RTRN Reduce -2.1% 0.12% −0.05
ZBH Zimmer Biomet Holdings Inc. Reduce -83.2% 0.01% −0.05
NOW ServiceNow Inc. Reduce -34.2% 0.21% −0.04
HSY The Hershey Co. Reduce -9.5% 0.05% −0.04
FUTY Fidelity MSCI US Utilities Reduce -0.5% 0.08% −0.04
AHR American Healthcare REIT Inc. Sold out 0.00% −0.03
INTC Intel Corp. Reduce -44.1% 0.02% −0.03
AMAT Applied Materials Inc. Reduce -3.1% 0.04% −0.03
FSTA Fidelity MSCI Cons Stap Indx Reduce -0.2% 0.08% −0.03
FIS Fidelity National Info Serv Reduce -0.5% 0.07% −0.03
DFP Flaherty & Crumrine DYN Pref Sold out 0.00% −0.03
FMAT Fidelity MSCI Materials Indx Reduce -0.3% 0.05% −0.02
GE General Electric Reduce -4.4% 0.03% −0.02
PCEF Invesco Cef Income Composite Reduce -1.0% 0.05% −0.02
AMD Advanced Micro Devices Reduce -22.2% 0.01% −0.02
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -64.5% 0.01% −0.01
POWW Outdoor Holding Co. Sold out 0.00% −0.01
GM General Motors Co. Sold out 0.00% −0.01
FCOM Fidelity MSCI Comm Serv Indx Reduce -13.5% 0.01% −0.01
VCR Vanguard Consumer Discre ETF Sold out 0.00% −0.00

Portfolio Buys Q3 2024 → Q4 2024

IBM Intl Business Machines Corp. New 1.58% +1.58
MYI BlackRock Muniyield QLTY III New 0.07% +0.07
MRVL Marvell Technology Inc. Add +0.6% 0.56% +0.07
RGTI Rigetti Computing Inc. New 0.07% +0.07
SCHG Schwab US Large-Cap Growth New 0.05% +0.05
VRA Vera Bradley Inc. New 0.04% +0.04
HYMB SS SPDR N Ice HY Muni ETF New 0.03% +0.03
FBTC Fidelity Wise Origin Bitcoin Add +160.8% 0.04% +0.03
SFY Sofi Select 500 ETF New 0.03% +0.03
PFD Flaherty & Crumrin Pre&inc F Add +88.6% 0.03% +0.01
IJH iShares Core S&P Midcap ETF Add +499.1% 0.01% +0.01
SPHD Invesco S&P 500 High Dividen New 0.01% +0.01
IONQ Ionq Inc. New 0.01% +0.01
VST Vistra Corp. Add +616.0% 0.01% +0.01
STXF Strive 500 ETF New 0.01% +0.01
ARQQ Arqit Quantum Inc. New 0.00% +0.00
IBIT iShares Bitcoin Trust ETF Add +52.9% 0.01% +0.00
VUG Vanguard Mrngstar GR ETF-Sui New 0.00% +0.00
ADBE Adobe Inc. Add +500.0% 0.01% +0.00
VTV Vanguard Mrngstr Val ETF-Aui New 0.00% +0.00
DGRO iShares Core Dividend Growth New 0.00% +0.00
AEG Aegon Ltd.-NY Reg SHR New 0.00% +0.00
NFLX Netflix Inc. Add +82.3% 0.01% +0.00
XYL Xylem Inc. Add +122.4% 0.01% +0.00
MSTR Strategy Inc. New 0.00% +0.00
GBTC Grayscale Bitcoin Trust ETF Add +0.1% 0.04% +0.00
DT Dynatrace Inc. New 0.00% +0.00
SMDV Proshrs RSL 2000 DVD GRW ETF New 0.00% +0.00
SNOW Snowflake Inc. New 0.00% +0.00
LASE Laser Photonics Corp. New 0.00% +0.00
ZS Zscaler Inc. New 0.00% +0.00
VWO Vanguard Ftse Emerging Marke New 0.00% +0.00
TSM Taiwan Semiconductor-SP ADR Add +68.4% 0.00% +0.00
NKE Nike Inc. Class B New 0.00% +0.00
FESM Fidelity Enhanced Small Cap Add +57.2% 0.00% +0.00
OKTA Okta Inc. New 0.00% +0.00
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +216.7% 0.00% +0.00
PATH Uipath Inc. Class A New 0.00% +0.00
FBCG Fidelity Blue Chip Grow ETF Add +29.0% 0.02% +0.00
IVV iShares Core S&P 500 ETF Add +133.3% 0.00% +0.00
T AT&T Inc. New 0.00% +0.00
LUMN Lumen Technologies Inc. New 0.00% +0.00
SFL SFL Corp. Ltd. New 0.00% +0.00
SNREY Sunrise Communicat Class A New 0.00% +0.00
WBD Warner Bros Discovery Inc. New 0.00% 0.00
ALNT Allient Inc. Add +0.7% 0.00% −0.00
OXY Occidental Petroleum Corp. Add +30.0% 0.00% −0.00
REXR Rexford Industrial Realty Inc. Add +68.8% 0.00% −0.00
XLF SS Financial Select Sector Add +1.1% 0.00% −0.00
MLPA Global X MLP ETF Add +2.1% 0.00% −0.00

Notes & Other Activity Q3 2024 → Q4 2024

WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Add +0.4% 508 $607K
GABELLI UTILITY TRUST/THE RIGHT 10/21/2024 Sold out 3,375 $93before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 166$396.3MAVGO, EPD, STLD, CSCO, JPM
Q1 2026 163$353.0MAVGO, EPD, STLD, JPM, DUK
Q4 2025 162$344.4MAVGO, EPD, JPM, STLD, ABBV
Q3 2025 375$342.2MAVGO, JPM, EPD, ABBV, FDVV
Q2 2025 162$308.3MAVGO, JPM, EPD, DUK, IBM
Q1 2025 157$291.1MEPD, JPM, DUK, ABBV, AVGO
Q4 2024 433$297.9MAVGO, EPD, JPM, DUK, OKE
Q3 2024Amended 415$220.3MJPM, ABBV, PEP, STLD, LMT
Q2 2024 430$278.4MEPD, AVGO, JPM, STLD, DUK
Q1 2024 447$277.2MEPD, JPM, STLD, AVGO, PEP