Pathway Financial Advisers, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Pathway Financial Advisers, LLC reported 157 stock positions worth $291.1 million. Its top holding was Enterprise Products Partners (EPD) at 3.2% of the portfolio, followed by JPMorgan Chase (JPM, 2.6%) and Duke Energy (DUK, 2.4%). Compared with Q4 2024, it opened 4 new positions, sold out of 280, added to 92 and reduced 58. The biggest buy was a new position in Vngrd Mrgstr MG CP GR ETF-Ui (MGK) and the biggest sale Broadcom (AVGO, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- AUBURN, IN
- CIK
- 0002024152
- Portfolio Value
- $291.1M (Q1 2025)
- SEC Filing
- 0002024152-25-000002 ↗ filed May 9, 2025
Holdings Value
Holdings 157 stocks · $291.1M
| EPD Enterprise Products Partners | 3.22% | 274,924 | $9.4M | Add +1.8% |
| JPM JPMorgan Chase & Co. | 2.65% | 31,434 | $7.7M | Reduce -3.5% |
| DUK Duke Energy Corp. | 2.41% | 57,522 | $7.0M | Reduce -1.3% |
| ABBV Abbvie Inc. | 2.31% | 32,115 | $6.7M | Reduce -1.8% |
| AVGO Broadcom Inc. | 2.25% | 39,152 | $6.6M | Reduce -6.4% |
| OKE Oneok Inc. | 2.03% | 59,536 | $5.9M | Reduce -0.7% |
| STLD Steel Dynamics Inc. | 1.93% | 44,828 | $5.6M | Reduce -1.0% |
| PEP Pepsico Inc. | 1.89% | 36,758 | $5.5M | Add +1.7% |
| CSCO Cisco Systems Inc. | 1.88% | 88,906 | $5.5M | Reduce -4.0% |
| O Realty Income Corp. | 1.83% | 92,026 | $5.3M | Add +3.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.83% | 21,450 | $5.3M | Add +0.2% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 1.82% | 372,373 | $5.3M | Add +4.1% |
| AAPL Apple Inc. | 1.81% | 23,777 | $5.3M | Reduce -0.4% |
| ENB Enbridge Inc. | 1.78% | 116,807 | $5.2M | Add +2.1% |
| LMT Lockheed Martin Corp. | 1.59% | 10,395 | $4.6M | Add +5.6% |
| CVX Chevron Corp. | 1.58% | 27,585 | $4.6M | Add +2.2% |
| AMGN Amgen Inc. | 1.55% | 14,494 | $4.5M | Add +3.7% |
| VZ Verizon Communications Inc. | 1.54% | 98,687 | $4.5M | Reduce -2.4% |
| SO The Southern Co. | 1.48% | 46,863 | $4.3M | Reduce -6.6% |
| PM Philip Morris International | 1.48% | 27,088 | $4.3M | Add +0.4% |
| SCHD Schwab US DVD Equity ETF | 1.45% | 150,916 | $4.2M | Add +0.7% |
| PG The Procter & Gamble Co. | 1.41% | 24,094 | $4.1M | Reduce -5.9% |
| MCD McDonald's Corp. | 1.28% | 11,944 | $3.7M | Reduce -0.1% |
| VIG Vanguard Dividend Apprec ETF | 1.26% | 18,977 | $3.7M | Reduce -0.9% |
| MSFT Microsoft Corp. | 1.26% | 9,772 | $3.7M | Add +2.9% |
| RTX RTX Corp. | 1.24% | 27,307 | $3.6M | Add +3.5% |
| MDT Medtronic PLC | 1.24% | 40,129 | $3.6M | Add +0.8% |
| UNH Unitedhealth Group Inc. | 1.22% | 6,764 | $3.5M | Add +1.3% |
| OHI Omega Healthcare Investors | 1.18% | 89,950 | $3.4M | Add +1.1% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.17% | 71,737 | $3.4M | Reduce -2.6% |
| WMT Walmart Inc. | 1.16% | 38,611 | $3.4M | Reduce -13.6% |
| WM Waste Management Inc. | 1.13% | 14,207 | $3.3M | Add +3.6% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.11% | 99,167 | $3.2M | Add +3.8% |
| JNJ Johnson & Johnson | 1.10% | 19,308 | $3.2M | Reduce -4.1% |
| EVRG Evergy Inc. | 1.03% | 43,590 | $3.0M | Add +1.7% |
| APD Air Products & Chemicals Inc. | 1.03% | 10,171 | $3.0M | Add +2.6% |
| PDT John Hancock Prem DVD FND | 0.99% | 220,819 | $2.9M | Reduce -0.6% |
| FDVV Fidelity High Dividend ETF | 0.83% | 48,883 | $2.4M | Add +1.2% |
| KO The Coca-Cola Co. | 0.83% | 33,838 | $2.4M | Reduce -1.8% |
| WLKP Westlake Chemical Partners L | 0.82% | 103,390 | $2.4M | Add +1.6% |
| WPC WP Carey Inc. | 0.80% | 36,904 | $2.3M | Add +9.0% |
| AEP American Electric Power | 0.79% | 20,969 | $2.3M | Add +8.0% |
| CMI Cummins Inc. | 0.78% | 7,242 | $2.3M | Reduce -6.8% |
| UL Unilever PLC | 0.76% | 37,083 | $2.2M | Add +1.0% |
| GS Goldman Sachs Group Inc. | 0.76% | 4,036 | $2.2M | Reduce -4.7% |
| QCOM Qualcomm Inc. | 0.75% | 14,140 | $2.2M | Add +4.5% |
| EMR Emerson Electric Co. | 0.72% | 19,106 | $2.1M | Add +0.3% |
| MET Metlife Inc. | 0.71% | 25,903 | $2.1M | Reduce -0.7% |
| TD Toronto-Dominion Bank | 0.70% | 33,952 | $2.0M | Reduce -0.2% |
| MRK Merck & Co. Inc. | 0.70% | 22,569 | $2.0M | Add +0.4% |
| HD Home Depot Inc. | 0.69% | 5,514 | $2.0M | Add +9.6% |
| UPS United Parcel Service Class B | 0.69% | 18,177 | $2.0M | Add +7.0% |
| WEC WEC Energy Group Inc. | 0.68% | 18,229 | $2.0M | Add +3.1% |
| NOC Northrop Grumman Corp. | 0.67% | 3,798 | $1.9M | Add +12.3% |
| TFC Truist Financial Corp. | 0.66% | 46,960 | $1.9M | Reduce -2.7% |
| HYT BlackRock Corp. Hi YLD | 0.64% | 194,050 | $1.9M | Add +1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.63% | 3,459 | $1.8M | Add +1.4% |
| ET Energy Transfer LP | 0.62% | 97,119 | $1.8M | Add +8.8% |
| MPLX MPLX LP | 0.59% | 32,317 | $1.7M | Add +19.2% |
| DLR Digital Realty Trust Inc. | 0.58% | 11,778 | $1.7M | Add +2.0% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.57% | 5,362 | $1.7M | New |
| V Visa Inc. Class A | 0.54% | 4,481 | $1.6M | Add +8.2% |
| NVDA Nvidia Corp. | 0.53% | 14,369 | $1.6M | Add +4.3% |
| SLF Sun Life Financial Inc. | 0.53% | 26,982 | $1.5M | Add +1.6% |
| AMZN Amazon.com Inc. | 0.53% | 8,118 | $1.5M | Add +14.1% |
| NTR Nutrien Ltd. | 0.52% | 30,261 | $1.5M | Add +0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.52% | 2,687 | $1.5M | Add +19.4% |
| PLD Prologis Inc. | 0.51% | 13,288 | $1.5M | Add +1740.4% |
| PSX Phillips 66 | 0.51% | 11,988 | $1.5M | Add +2.4% |
| UNP Union Pacific Corp. | 0.50% | 6,159 | $1.5M | Add +6.5% |
| GD General Dynamics Corp. | 0.49% | 5,187 | $1.4M | Add +1.4% |
| LLY Eli Lilly & Co. | 0.47% | 1,664 | $1.4M | Add +40.3% |
| FDIS Fidelity MSCI Cons Discr Ind | 0.47% | 16,135 | $1.4M | Add +3.6% |
| ADC Agree Realty Corp. | 0.45% | 17,139 | $1.3M | Add +2.3% |
| WTRG Essential Utilities Inc. | 0.45% | 33,322 | $1.3M | Reduce -0.5% |
| TXN Texas Instruments Inc. | 0.43% | 6,952 | $1.2M | Add +1.5% |
| GPC Genuine Parts Co. | 0.43% | 10,474 | $1.2M | Add +3.0% |
| ARE Alexandria Real Estate Equit | 0.42% | 13,140 | $1.2M | Add +12.7% |
| NOBL Proshares S&P 500 Dividend A | 0.40% | 11,297 | $1.2M | Add +0.5% |
| KLAC KLA Corp. | 0.39% | 1,683 | $1.1M | Add +17.8% |
| ALL Allstate Corp. | 0.38% | 5,406 | $1.1M | Reduce -2.7% |
| PRU Prudential Financial Inc. | 0.38% | 9,858 | $1.1M | Add +8.0% |
| HIO Western Asset Hi Inc. Opport | 0.37% | 270,067 | $1.1M | Reduce -0.1% |
| USB US Bancorp | 0.37% | 25,254 | $1.1M | Add +2.2% |
| NEE Nextera Energy Inc. | 0.37% | 15,005 | $1.1M | Add +16.5% |
| GLW Corning Inc. | 0.36% | 22,895 | $1.0M | Reduce -1.6% |
| GOOGL Alphabet Inc. Class A | 0.36% | 6,703 | $1.0M | Add +43.4% |
| BLK BlackRock Inc. | 0.35% | 1,076 | $1.0M | Reduce -1.5% |
| PFE Pfizer Inc. | 0.35% | 39,879 | $1.0M | Add +2.7% |
| PEBO Peoples Bancorp Inc. | 0.33% | 32,860 | $975K | Reduce -2.1% |
| RY Royal Bank of Canada | 0.33% | 8,409 | $948K | Add +5.6% |
| BIP Brookfield Infrastructure Pa | 0.32% | 31,072 | $926K | Add +0.3% |
| AMT American Tower Corp. | 0.32% | 4,254 | $926K | Add +2.2% |
| MRVL Marvell Technology Inc. | 0.32% | 14,895 | $917K | Reduce -2.2% |
| DE Deere & Co. | 0.31% | 1,927 | $905K | Reduce -5.9% |
| NSC Norfolk Southern Corp. | 0.31% | 3,806 | $901K | Add +3.1% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.31% | 10,374 | $893K | Reduce -17.8% |
| DVY iShares Select Dividend ETF | 0.29% | 6,305 | $847K | Reduce -0.2% |
| SBUX Starbucks Corp. | 0.28% | 8,384 | $822K | Add +1.2% |
| LRCX Lam Research Corp. | 0.28% | 11,297 | $821K | Add +16.6% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $608K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 506 | $608K | Reduce -0.4% |
Total filed on the 13F, all lines: $291.8M.
Portfolio Sells Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Reduce -6.4% | 2.25% | −1.00 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.61 |
| EXR Extra Space Storage Inc. | Reduce -84.4% | 0.09% | −0.48 |
| BCE Bce Inc. | Sold out | 0.00% | −0.37 |
| DOW Dow Inc. | Sold out | 0.00% | −0.25 |
| MRVL Marvell Technology Inc. | Reduce -2.2% | 0.32% | −0.25 |
| AAPL Apple Inc. | Reduce -0.4% | 1.81% | −0.19 |
| WMT Walmart Inc. | Reduce -13.6% | 1.16% | −0.19 |
| BNS Bank of Nova Scotia | Reduce -2.6% | 1.17% | −0.16 |
| ALB Albemarle Corp. | Sold out | 0.00% | −0.15 |
| IFF Intl Flavors & Fragrances | Sold out | 0.00% | −0.15 |
| IRM Iron Mountain Inc. | Reduce -17.8% | 0.31% | −0.14 |
| XIFR XPLR Infrastructure LP | Reduce -19.9% | 0.11% | −0.14 |
| CMI Cummins Inc. | Reduce -6.8% | 0.78% | −0.13 |
| CVS CVS Health Corp. | Reduce -57.5% | 0.23% | −0.12 |
| NI Nisource Inc. | Reduce -41.1% | 0.18% | −0.09 |
| STAG Stag Industrial Inc. | Sold out | 0.00% | −0.09 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.07 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.07 |
| BIPC Brookfield Infrastructure-A | Sold out | 0.00% | −0.07 |
| BHP BHP Group Ltd.-Spon ADR | Sold out | 0.00% | −0.07 |
| SMG Scotts Miracle-Gro Co. | Sold out | 0.00% | −0.07 |
| FTEC Fidelity MSCI Info Tech Indx | Sold out | 0.00% | −0.06 |
| SOFI Sofi Technologies Inc. | Reduce -3.5% | 0.19% | −0.06 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.06 |
| ELV Elevance Health Inc. | Reduce -47.3% | 0.10% | −0.06 |
| GS Goldman Sachs Group Inc. | Reduce -4.7% | 0.76% | −0.06 |
| MOAT Vaneck Morningstar Wide Moat | Sold out | 0.00% | −0.06 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Sold out | 0.00% | −0.05 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.05 |
| CNI Canadian Natl Railway Co. | Sold out | 0.00% | −0.05 |
| SCHG Schwab US Large-Cap Growth | Sold out | 0.00% | −0.05 |
| K Kellanova | Sold out | 0.00% | −0.05 |
| HBNC Horizon Bancorp Inc. | Sold out | 0.00% | −0.05 |
| PCEF Invesco Cef Income Composite | Sold out | 0.00% | −0.05 |
| HRL Hormel Foods Corp. | Sold out | 0.00% | −0.05 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.05 |
| FMAT Fidelity MSCI Materials Indx | Sold out | 0.00% | −0.05 |
| SLV iShares Silver Trust | Sold out | 0.00% | −0.05 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −0.04 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.04 |
| CSX CSX Corp. | Reduce -23.6% | 0.10% | −0.04 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.04 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.04 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.04 |
| LKFN Lakeland Financial Corp. | Reduce -6.5% | 0.19% | −0.04 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.04 |
| TFC Truist Financial Corp. | Reduce -2.7% | 0.66% | −0.04 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q4 2024 → Q1 2025
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | New | 0.57% | +0.57 |
| PLD Prologis Inc. | Add +1740.4% | 0.51% | +0.48 |
| PM Philip Morris International | Add +0.4% | 1.48% | +0.39 |
| EPD Enterprise Products Partners | Add +1.8% | 3.22% | +0.38 |
| AMGN Amgen Inc. | Add +3.7% | 1.55% | +0.33 |
| CVX Chevron Corp. | Add +2.2% | 1.58% | +0.27 |
| IBM Intl Business Machines Corp. | Add +0.2% | 1.83% | +0.25 |
| O Realty Income Corp. | Add +3.0% | 1.83% | +0.23 |
| XYL Xylem Inc. | Add +1690.6% | 0.23% | +0.22 |
| RTX RTX Corp. | Add +3.5% | 1.24% | +0.22 |
| WM Waste Management Inc. | Add +3.6% | 1.13% | +0.20 |
| AEP American Electric Power | Add +8.0% | 0.79% | +0.19 |
| WPC WP Carey Inc. | Add +9.0% | 0.80% | +0.18 |
| VICI Vici Properties Inc. | Add +3.8% | 1.11% | +0.17 |
| MDT Medtronic PLC | Add +0.8% | 1.24% | +0.17 |
| CI The Cigna Group | New | 0.17% | +0.17 |
| LLY Eli Lilly & Co. | Add +40.3% | 0.47% | +0.16 |
| MPLX MPLX LP | Add +19.2% | 0.59% | +0.16 |
| ENB Enbridge Inc. | Add +2.1% | 1.78% | +0.15 |
| EVRG Evergy Inc. | Add +1.7% | 1.03% | +0.15 |
| NOC Northrop Grumman Corp. | Add +12.3% | 0.67% | +0.14 |
| WEC WEC Energy Group Inc. | Add +3.1% | 0.68% | +0.12 |
| QTUM Defiance Quantum ETF | New | 0.12% | +0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.4% | 0.63% | +0.11 |
| CEG Constellation Energy | Add +261.2% | 0.15% | +0.11 |
| V Visa Inc. Class A | Add +8.2% | 0.54% | +0.10 |
| KLAC KLA Corp. | Add +17.8% | 0.39% | +0.09 |
| UNH Unitedhealth Group Inc. | Add +1.3% | 1.22% | +0.08 |
| SCHD Schwab US DVD Equity ETF | Add +0.7% | 1.45% | +0.08 |
| LYB Lyondellbasell Indu Class A | New | 0.07% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +19.4% | 0.52% | +0.07 |
| MAA Mid-America Apartment Comm | Add +21.0% | 0.26% | +0.07 |
| APD Air Products & Chemicals Inc. | Add +2.6% | 1.03% | +0.07 |
| NTR Nutrien Ltd. | Add +0.4% | 0.52% | +0.06 |
| AMT American Tower Corp. | Add +2.2% | 0.32% | +0.06 |
| PSX Phillips 66 | Add +2.4% | 0.51% | +0.06 |
| UL Unilever PLC | Add +1.0% | 0.76% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +43.4% | 0.36% | +0.06 |
| ADC Agree Realty Corp. | Add +2.3% | 0.45% | +0.06 |
| KVUE Kenvue Inc. | Add +41.4% | 0.15% | +0.06 |
| UNP Union Pacific Corp. | Add +6.5% | 0.50% | +0.06 |
| XOM Exxon Mobil Corp. | Add +14.7% | 0.25% | +0.06 |
| NEE Nextera Energy Inc. | Add +16.5% | 0.37% | +0.06 |
| QCOM Qualcomm Inc. | Add +4.5% | 0.75% | +0.05 |
| PEP Pepsico Inc. | Add +1.7% | 1.89% | +0.05 |
| LRCX Lam Research Corp. | Add +16.6% | 0.28% | +0.05 |
| OHI Omega Healthcare Investors | Add +1.1% | 1.18% | +0.05 |
| RSG Republic Services Inc. | Add +0.2% | 0.24% | +0.05 |
| NNN NNN REIT Inc. | Add +16.2% | 0.22% | +0.04 |
| DOC Healthpeak Properties Inc. | Add +25.2% | 0.18% | +0.04 |
Notes & Other Activity Q4 2024 → Q1 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -0.4% | 506 | $608K |
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 |