Pathway Financial Advisers, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 21, 2025), Pathway Financial Advisers, LLC reported 162 stock positions worth $308.3 million. Its top holding was Broadcom (AVGO) at 3.5% of the portfolio, followed by JPMorgan Chase (JPM, 3.0%) and Enterprise Products Partners (EPD, 2.8%). Compared with Q1 2025, it opened 7 new positions, sold out of 2, added to 111 and reduced 39. The biggest buy was Broadcom (AVGO, shares +1%) and the biggest sale Duke Energy (DUK, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- AUBURN, IN
- CIK
- 0002024152
- Portfolio Value
- $308.3M (Q2 2025)
- SEC Filing
- 0002024152-25-000003 ↗ filed Aug 21, 2025
Holdings Value
Holdings 162 stocks · $308.3M
| AVGO Broadcom Inc. | 3.52% | 39,418 | $10.9M | Add +0.7% |
| JPM JPMorgan Chase & Co. | 2.98% | 31,678 | $9.2M | Add +0.8% |
| EPD Enterprise Products Partners | 2.82% | 280,594 | $8.7M | Add +2.1% |
| DUK Duke Energy Corp. | 2.18% | 56,892 | $6.7M | Reduce -1.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.04% | 21,357 | $6.3M | Reduce -0.4% |
| CSCO Cisco Systems Inc. | 2.00% | 88,854 | $6.2M | Reduce -0.1% |
| ABBV Abbvie Inc. | 1.96% | 32,494 | $6.0M | Add +1.2% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 1.93% | 385,599 | $6.0M | Add +3.5% |
| STLD Steel Dynamics Inc. | 1.87% | 45,136 | $5.8M | Add +0.7% |
| O Realty Income Corp. | 1.77% | 94,492 | $5.4M | Add +2.7% |
| ENB Enbridge Inc. | 1.75% | 119,144 | $5.4M | Add +2.0% |
| MSFT Microsoft Corp. | 1.65% | 10,227 | $5.1M | Add +4.7% |
| PEP Pepsico Inc. | 1.62% | 37,925 | $5.0M | Add +3.2% |
| AAPL Apple Inc. | 1.61% | 24,130 | $5.0M | Add +1.5% |
| PM Philip Morris International | 1.59% | 26,999 | $4.9M | Reduce -0.3% |
| OKE Oneok Inc. | 1.58% | 59,855 | $4.9M | Add +0.5% |
| LMT Lockheed Martin Corp. | 1.58% | 10,537 | $4.9M | Add +1.4% |
| SO The Southern Co. | 1.41% | 47,441 | $4.4M | Add +1.2% |
| VZ Verizon Communications Inc. | 1.40% | 99,889 | $4.3M | Add +1.2% |
| SCHD Schwab US DVD Equity ETF | 1.35% | 157,008 | $4.2M | Add +4.0% |
| AMGN Amgen Inc. | 1.33% | 14,691 | $4.1M | Add +1.4% |
| VIG Vanguard Dividend Apprec ETF | 1.31% | 19,712 | $4.0M | Add +3.9% |
| CVX Chevron Corp. | 1.30% | 27,938 | $4.0M | Add +1.3% |
| RTX RTX Corp. | 1.29% | 27,208 | $4.0M | Reduce -0.4% |
| PG The Procter & Gamble Co. | 1.25% | 24,261 | $3.9M | Add +0.7% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.25% | 69,856 | $3.9M | Reduce -2.6% |
| WMT Walmart Inc. | 1.21% | 38,101 | $3.7M | Reduce -1.3% |
| MCD McDonald's Corp. | 1.15% | 12,102 | $3.5M | Add +1.3% |
| MDT Medtronic PLC | 1.12% | 39,577 | $3.4M | Reduce -1.4% |
| OHI Omega Healthcare Investors | 1.09% | 91,715 | $3.4M | Add +2.0% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.08% | 101,939 | $3.3M | Add +2.8% |
| WM Waste Management Inc. | 1.07% | 14,456 | $3.3M | Add +1.8% |
| EVRG Evergy Inc. | 0.97% | 43,454 | $3.0M | Reduce -0.3% |
| PDT John Hancock Prem DVD FND | 0.97% | 226,179 | $3.0M | Add +2.4% |
| JNJ Johnson & Johnson | 0.96% | 19,283 | $2.9M | Reduce -0.1% |
| APD Air Products & Chemicals Inc. | 0.94% | 10,227 | $2.9M | Add +0.6% |
| GS Goldman Sachs Group Inc. | 0.93% | 4,072 | $2.9M | Add +0.9% |
| FDVV Fidelity High Dividend ETF | 0.87% | 51,568 | $2.7M | Add +5.5% |
| EMR Emerson Electric Co. | 0.86% | 19,934 | $2.7M | Add +4.3% |
| TD Toronto-Dominion Bank | 0.79% | 33,297 | $2.4M | Reduce -1.9% |
| KO The Coca-Cola Co. | 0.79% | 34,563 | $2.4M | Add +2.1% |
| NVDA Nvidia Corp. | 0.79% | 15,415 | $2.4M | Add +7.3% |
| CMI Cummins Inc. | 0.78% | 7,356 | $2.4M | Add +1.6% |
| QCOM Qualcomm Inc. | 0.76% | 14,753 | $2.3M | Add +4.3% |
| WPC WP Carey Inc. | 0.76% | 37,573 | $2.3M | Add +1.8% |
| WLKP Westlake Chemical Partners L | 0.76% | 105,907 | $2.3M | Add +2.4% |
| UL Unilever PLC | 0.75% | 37,823 | $2.3M | Add +2.0% |
| UNH Unitedhealth Group Inc. | 0.73% | 7,221 | $2.3M | Add +6.8% |
| AEP American Electric Power | 0.73% | 21,616 | $2.2M | Add +3.1% |
| MET Metlife Inc. | 0.70% | 26,653 | $2.1M | Add +2.9% |
| DLR Digital Realty Trust Inc. | 0.69% | 12,212 | $2.1M | Add +3.7% |
| HD Home Depot Inc. | 0.67% | 5,676 | $2.1M | Add +2.9% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.67% | 5,669 | $2.1M | Add +5.7% |
| TFC Truist Financial Corp. | 0.65% | 46,755 | $2.0M | Reduce -0.4% |
| HYT BlackRock Corp. Hi YLD | 0.64% | 203,337 | $2.0M | Add +4.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.64% | 3,190 | $2.0M | Add +18.7% |
| ET Energy Transfer LP | 0.64% | 108,673 | $2.0M | Add +11.9% |
| AMZN Amazon.com Inc. | 0.62% | 8,763 | $1.9M | Add +8.0% |
| MRK Merck & Co. Inc. | 0.62% | 24,251 | $1.9M | Add +7.5% |
| NOC Northrop Grumman Corp. | 0.62% | 3,822 | $1.9M | Add +0.6% |
| WEC WEC Energy Group Inc. | 0.61% | 18,176 | $1.9M | Reduce -0.3% |
| UPS United Parcel Service Class B | 0.59% | 18,147 | $1.8M | Reduce -0.2% |
| SLF Sun Life Financial Inc. | 0.57% | 26,582 | $1.8M | Reduce -1.5% |
| MPLX MPLX LP | 0.57% | 34,012 | $1.8M | Add +5.2% |
| NTR Nutrien Ltd. | 0.55% | 29,151 | $1.7M | Reduce -3.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.55% | 3,494 | $1.7M | Add +1.0% |
| V Visa Inc. Class A | 0.53% | 4,645 | $1.6M | Add +3.7% |
| UNP Union Pacific Corp. | 0.50% | 6,681 | $1.5M | Add +8.5% |
| FDIS Fidelity MSCI Cons Discr Ind | 0.50% | 16,339 | $1.5M | Add +1.3% |
| KLAC KLA Corp. | 0.50% | 1,716 | $1.5M | Add +2.0% |
| PLD Prologis Inc. | 0.50% | 14,552 | $1.5M | Add +9.5% |
| GD General Dynamics Corp. | 0.49% | 5,189 | $1.5M | Add +0.0% |
| TXN Texas Instruments Inc. | 0.47% | 7,007 | $1.5M | Add +0.8% |
| PSX Phillips 66 | 0.46% | 11,933 | $1.4M | Reduce -0.5% |
| LLY Eli Lilly & Co. | 0.45% | 1,787 | $1.4M | Add +7.4% |
| ADC Agree Realty Corp. | 0.42% | 17,784 | $1.3M | Add +3.8% |
| GPC Genuine Parts Co. | 0.41% | 10,520 | $1.3M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 0.41% | 7,153 | $1.3M | Add +6.7% |
| USB US Bancorp | 0.40% | 27,321 | $1.2M | Add +8.2% |
| NOBL Proshares S&P 500 Dividend A | 0.40% | 12,232 | $1.2M | Add +8.3% |
| GLW Corning Inc. | 0.39% | 22,930 | $1.2M | Add +0.1% |
| WTRG Essential Utilities Inc. | 0.39% | 32,181 | $1.2M | Reduce -3.4% |
| MRVL Marvell Technology Inc. | 0.38% | 15,233 | $1.2M | Add +2.3% |
| RY Royal Bank of Canada | 0.38% | 8,922 | $1.2M | Add +6.1% |
| PRU Prudential Financial Inc. | 0.37% | 10,688 | $1.1M | Add +8.4% |
| ALL Allstate Corp. | 0.37% | 5,627 | $1.1M | Add +4.1% |
| NEE Nextera Energy Inc. | 0.37% | 16,275 | $1.1M | Add +8.5% |
| BLK BlackRock Inc. | 0.36% | 1,065 | $1.1M | Reduce -1.0% |
| LRCX Lam Research Corp. | 0.36% | 11,393 | $1.1M | Add +0.8% |
| HIO Western Asset Hi Inc. Opport | 0.35% | 271,778 | $1.1M | Add +0.6% |
| AXP American Express Co. | 0.35% | 3,360 | $1.1M | Add +12.9% |
| BIP Brookfield Infrastructure Pa | 0.35% | 31,957 | $1.1M | Add +2.9% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.34% | 10,153 | $1.0M | Reduce -2.1% |
| PEBO Peoples Bancorp Inc. | 0.33% | 33,096 | $1.0M | Add +0.7% |
| PFE Pfizer Inc. | 0.33% | 41,612 | $1.0M | Add +4.3% |
| NSC Norfolk Southern Corp. | 0.33% | 3,929 | $1.0M | Add +3.2% |
| ARE Alexandria Real Estate Equit | 0.32% | 13,454 | $977K | Add +2.4% |
| DE Deere & Co. | 0.31% | 1,892 | $962K | Reduce -1.8% |
| AMT American Tower Corp. | 0.30% | 4,241 | $937K | Reduce -0.3% |
| DVY iShares Select Dividend ETF | 0.30% | 6,992 | $929K | Add +10.9% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $604K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 514 | $604K | Add +1.6% |
Total filed on the 13F, all lines: $308.9M.
Portfolio Sells Q1 2025 → Q2 2025
| DUK Duke Energy Corp. | Reduce -1.1% | 2.18% | −0.23 |
| JNJ Johnson & Johnson | Reduce -0.1% | 0.96% | −0.14 |
| MDT Medtronic PLC | Reduce -1.4% | 1.12% | −0.12 |
| XIFR XPLR Infrastructure LP | Sold out | 0.00% | −0.11 |
| UPS United Parcel Service Class B | Reduce -0.2% | 0.59% | −0.09 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −0.07 |
| WEC WEC Energy Group Inc. | Reduce -0.3% | 0.61% | −0.07 |
| WTRG Essential Utilities Inc. | Reduce -3.4% | 0.39% | −0.06 |
| EVRG Evergy Inc. | Reduce -0.3% | 0.97% | −0.06 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.9% | 0.14% | −0.06 |
| PSX Phillips 66 | Reduce -0.5% | 0.46% | −0.05 |
| SBUX Starbucks Corp. | Reduce -1.9% | 0.24% | −0.04 |
| FHLC Fidelity MSCI Health Care | Reduce -1.9% | 0.24% | −0.04 |
| GIS General Mills Inc. | Reduce -0.5% | 0.11% | −0.03 |
| DLY Doubleline Yield Opport | Reduce -0.9% | 0.19% | −0.02 |
| PFXF Vaneck Pref Sec X-Financials | Reduce -5.8% | 0.16% | −0.02 |
| AMT American Tower Corp. | Reduce -0.3% | 0.30% | −0.01 |
| NUV Nuveen Municipal Value | Reduce -0.9% | 0.17% | −0.01 |
| GLD SPDR Gold Shares | Reduce -12.4% | 0.09% | −0.01 |
| RSG Republic Services Inc. | Reduce -1.6% | 0.23% | −0.01 |
| TFC Truist Financial Corp. | Reduce -0.4% | 0.65% | −0.01 |
| MYI BlackRock Muniyield QLTY III | Reduce -2.1% | 0.06% | −0.01 |
| EXR Extra Space Storage Inc. | Reduce -3.1% | 0.08% | −0.01 |
| FREL Fidelity MSCI RL Est Indx | Reduce -2.5% | 0.08% | −0.01 |
| FLC Flaherty & Crumrine TTL RTRN | Reduce -1.0% | 0.09% | −0.01 |
| DE Deere & Co. | Reduce -1.8% | 0.31% | +0.00 |
| CSX CSX Corp. | Reduce -1.0% | 0.11% | +0.00 |
| RGTI Rigetti Computing Inc. | Reduce -16.2% | 0.06% | +0.01 |
| BLK BlackRock Inc. | Reduce -1.0% | 0.36% | +0.01 |
| XLK SS Technology Select Sector | Reduce -1.7% | 0.13% | +0.02 |
| TDIV FT Nasdaq Tech DVD Index FD | Reduce -1.3% | 0.16% | +0.02 |
| IRM Iron Mountain Inc. | Reduce -2.1% | 0.34% | +0.03 |
| NTR Nutrien Ltd. | Reduce -3.7% | 0.55% | +0.03 |
| SLF Sun Life Financial Inc. | Reduce -1.5% | 0.57% | +0.04 |
| WMT Walmart Inc. | Reduce -1.3% | 1.21% | +0.04 |
| RTX RTX Corp. | Reduce -0.4% | 1.29% | +0.05 |
| BNS Bank of Nova Scotia | Reduce -2.6% | 1.25% | +0.08 |
| TD Toronto-Dominion Bank | Reduce -1.9% | 0.79% | +0.09 |
| CSCO Cisco Systems Inc. | Reduce -0.1% | 2.00% | +0.12 |
| PM Philip Morris International | Reduce -0.3% | 1.59% | +0.12 |
| IBM Intl Business Machines Corp. | Reduce -0.4% | 2.04% | +0.21 |
Portfolio Buys Q1 2025 → Q2 2025
| AVGO Broadcom Inc. | Add +0.7% | 3.52% | +1.27 |
| MSFT Microsoft Corp. | Add +4.7% | 1.65% | +0.39 |
| JPM JPMorgan Chase & Co. | Add +0.8% | 2.98% | +0.33 |
| NVDA Nvidia Corp. | Add +7.3% | 0.79% | +0.26 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.19% | +0.19 |
| GS Goldman Sachs Group Inc. | Add +0.9% | 0.93% | +0.18 |
| SFY Sofi Select 500 ETF | New | 0.16% | +0.16 |
| EMR Emerson Electric Co. | Add +4.3% | 0.86% | +0.14 |
| SMCI Super Micro Computer Inc. | New | 0.13% | +0.13 |
| CEG Constellation Energy | Add +20.5% | 0.28% | +0.12 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +18.7% | 0.64% | +0.12 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Add +3.5% | 1.93% | +0.11 |
| DLR Digital Realty Trust Inc. | Add +3.7% | 0.69% | +0.11 |
| KLAC KLA Corp. | Add +2.0% | 0.50% | +0.11 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +5.7% | 0.67% | +0.10 |
| AMZN Amazon.com Inc. | Add +8.0% | 0.62% | +0.09 |
| SOFI Sofi Technologies Inc. | Add +1.1% | 0.28% | +0.09 |
| TSLA Tesla Inc. | New | 0.09% | +0.09 |
| LRCX Lam Research Corp. | Add +0.8% | 0.36% | +0.08 |
| AXP American Express Co. | Add +12.9% | 0.35% | +0.07 |
| FTEC Fidelity MSCI Info Tech Indx | New | 0.07% | +0.07 |
| BIPC Brookfield Infrastructure-A | New | 0.07% | +0.07 |
| ABT Abbott Laboratories | New | 0.07% | +0.07 |
| MRVL Marvell Technology Inc. | Add +2.3% | 0.38% | +0.07 |
| RY Royal Bank of Canada | Add +6.1% | 0.38% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +6.7% | 0.41% | +0.05 |
| NOW ServiceNow Inc. | Add +4.0% | 0.21% | +0.05 |
| VIG Vanguard Dividend Apprec ETF | Add +3.9% | 1.31% | +0.04 |
| TXN Texas Instruments Inc. | Add +0.8% | 0.47% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +11.5% | 0.25% | +0.04 |
| FDVV Fidelity High Dividend ETF | Add +5.5% | 0.87% | +0.04 |
| USB US Bancorp | Add +8.2% | 0.40% | +0.03 |
| XYL Xylem Inc. | Add +12.0% | 0.27% | +0.03 |
| QTUM Defiance Quantum ETF | Add +9.1% | 0.15% | +0.03 |
| SOXX iShares Semiconductor ETF | Add +4.2% | 0.16% | +0.03 |
| GLW Corning Inc. | Add +0.1% | 0.39% | +0.03 |
| FDIS Fidelity MSCI Cons Discr Ind | Add +1.3% | 0.50% | +0.03 |
| BIP Brookfield Infrastructure Pa | Add +2.9% | 0.35% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +6.4% | 0.21% | +0.02 |
| ET Energy Transfer LP | Add +11.9% | 0.64% | +0.02 |
| NSC Norfolk Southern Corp. | Add +3.2% | 0.33% | +0.02 |
| QCOM Qualcomm Inc. | Add +4.3% | 0.76% | +0.02 |
| BAC Bank of America Corp. | Add +0.3% | 0.22% | +0.01 |
| FIDU Fidelity MSCI Indust Indx | Add +6.2% | 0.10% | +0.01 |
| ACN Accenture PLC Class A | Add +16.3% | 0.22% | +0.01 |
| DVY iShares Select Dividend ETF | Add +10.9% | 0.30% | +0.01 |
| GD General Dynamics Corp. | Add +0.0% | 0.49% | +0.01 |
| HYT BlackRock Corp. Hi YLD | Add +4.8% | 0.64% | +0.00 |
| COST Costco Wholesale Corp. | Add +5.7% | 0.09% | +0.00 |
| NOBL Proshares S&P 500 Dividend A | Add +8.3% | 0.40% | +0.00 |
Notes & Other Activity Q1 2025 → Q2 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +1.6% | 514 | $604K |
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 |