Pathway Financial Advisors LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 31, 2025), Pathway Financial Advisors LLC reported 164 stock positions worth $434.7 million. Its top holding was Goldman Sachs Access Treasur (GBIL) at 20.7% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 11.4%) and Vanguard Mrngstar GR ETF-Sui (VUG, 11.1%). Compared with Q3 2024, it opened 9 new positions, sold out of 8, added to 53 and reduced 36. The biggest buy was Goldman Sachs Access Treasur (GBIL, shares +53%) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −3%).

Most Recent 13F
Q2 2026
Location
SOUTH BURLINGTON, VT
CIK
0001738828
Portfolio Value
$434.7M (Q4 2024)
SEC Filing
0001738828-25-000001 ↗ filed Jan 31, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $369.8M Q1 2024 Q2 2024: $370.3M Q2 2024 Q3 2024: $389.7M Q3 2024 Q4 2024: $434.7M $434.7M Q4 2024 Q1 2025: $555.2M Q1 2025 Q2 2025: $683.5M Q2 2025 Q3 2025: $750.2M Q3 2025 Q4 2025: $796.0M Q4 2025 Q1 2026: $808.3M Q1 2026 Q2 2026: $857.3M Q2 2026

Holdings 164 stocks · $434.7M
GBIL Goldman Sachs Access Treasur 20.75% 902,631 $90.2M Add +53.3%
VTV Vanguard Mrngstr Val ETF-Aui 11.39% 292,366 $49.5M Add +0.8%
VUG Vanguard Mrngstar GR ETF-Sui 11.13% 117,904 $48.4M Reduce -3.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 5.14% 84,526 $22.3M Add +1.6%
SPY SS SPDR S&P 500 ETF Trust-US 3.27% 24,266 $14.2M Reduce -0.2%
MXI iShares Global Materials ETF 2.39% 133,799 $10.4M Add +1.2%
IJR iShares Core S&P Small-Cap E 2.24% 84,688 $9.8M Add +5.2%
ASIA Matthews Pacific Tiger ETF 1.98% 329,432 $8.6M Add +85.3%
VIG Vanguard Dividend Apprec ETF 1.86% 41,207 $8.1M Reduce -0.2%
IEMG iShares Core MSCI Emerging 1.78% 148,514 $7.8M Add +1309.6%
GUNR NT Mstar GLBL NR ETF 1.75% 208,842 $7.6M Add +0.6%
UITB Victoryshares Core Intermedi 1.48% 140,353 $6.5M Reduce -0.4%
HON Honeywell International Inc. 1.45% 27,915 $6.3M Add +0.3%
EFA iShares MSCI Eafe ETF 1.42% 81,448 $6.2M Add +6.9%
QGRO American Century US Quality 1.34% 58,422 $5.8M Reduce -1.8%
AAPL Apple Inc. 1.33% 23,051 $5.8M Add +6.9%
IVE iShares S&P 500 Value ETF 1.29% 29,387 $5.6M Reduce -0.4%
VB Vanguard Most SM-Cap ETF-Usd 1.11% 19,993 $4.8M Reduce -1.4%
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 1.03% 115,289 $4.5M No change
VGIT Vanguard Intermediate-Term T 0.88% 65,632 $3.8M Add +7.9%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.69% 15,159 $3.0M Add +0.5%
NVDA Nvidia Corp. 0.69% 22,263 $3.0M Reduce -4.3%
IVW iShares S&P 500 Growth ETF 0.63% 26,825 $2.7M No change
IWD iShares Russell 1000 Value E 0.62% 14,654 $2.7M Reduce -0.2%
MSFT Microsoft Corp. 0.61% 6,318 $2.7M Reduce -1.1%
IWR iShares Russell Mid-Cap ETF 0.60% 29,669 $2.6M Reduce -0.9%
AAXJ iShares MSCI All Country Asi 0.55% 33,181 $2.4M Add +3.9%
CHD Church & Dwight Co. Inc. 0.55% 22,786 $2.4M No change
JPST JPMorgan Ultra-Short Income 0.54% 46,945 $2.4M New
IJT iShares S&P Small-Cap 600 GR 0.53% 16,936 $2.3M Reduce -0.3%
QQQ Invesco QQQ Trust Series 1 0.52% 4,385 $2.2M No change
PSEP Innovator U.S. Equity Power 0.47% 52,150 $2.0M Reduce -1.9%
AVGO Broadcom Inc. 0.46% 8,670 $2.0M Reduce -0.6%
EEM iShares MSCI Emerging Market 0.46% 47,520 $2.0M Add +27.2%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.44% 11,895 $1.9M Add +1.1%
DDX Defined Duration 10 ETF 0.44% 85,652 $1.9M Add +1.1%
VGT Vanguard Info Tech ETF 0.41% 2,852 $1.8M No change
IYM iShares U.S. Basic Materials 0.37% 12,248 $1.6M No change
JPM JPMorgan Chase & Co. 0.33% 6,072 $1.5M Reduce -0.3%
VAW Vanguard Materials ETF 0.31% 7,240 $1.4M No change
SHV iShares 0-1 Year Treasury Bo 0.31% 12,340 $1.4M Add +10.8%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.30% 4,891 $1.3M No change
AGG iShares Core U.S. Aggregate 0.30% 13,598 $1.3M Add +59.1%
XLK SS Technology Select Sector 0.30% 5,602 $1.3M No change
VWO Vanguard Ftse Emerging Marke 0.30% 29,486 $1.3M Add +9.6%
CAT Caterpillar Inc. 0.29% 3,523 $1.3M No change
ITOT iShares Core S&P Total U.S. 0.27% 9,200 $1.2M No change
EEMS iShares MSCI Emerging MKT SM 0.26% 19,745 $1.1M Add +18.3%
VTI VG Morningstar TS MKT ETF-US 0.26% 3,884 $1.1M Reduce -7.2%
META Meta Platforms Inc. Class A 0.26% 1,915 $1.1M Reduce -1.9%
IWB iShares Russell 1000 ETF 0.25% 3,400 $1.1M New
SPTI SS SPDR P Int Term TSY ETF 0.25% 38,483 $1.1M Reduce -5.3%
IEFA iShares Core MSCI Eafe ETF 0.24% 14,869 $1.0M Add +61.6%
BIL SS SPDR BB 1-3M T-Bill ETF 0.24% 11,257 $1.0M No change
DE Deere & Co. 0.23% 2,406 $1.0M Add +26.2%
MEMS Matthews Em Discovery 0.20% 37,581 $887K Add +68.9%
CVLC Calvert US L-C CR Resp Index 0.20% 11,984 $879K Reduce -13.1%
HD Home Depot Inc. 0.19% 2,144 $834K Reduce -0.6%
GOOGL Alphabet Inc. Class A 0.19% 4,297 $813K Reduce -0.8%
VOO Vanguard S&P 500 ETF 0.19% 1,502 $809K Reduce -1.8%
YUM Yum! Brands Inc. 0.19% 6,000 $805K No change
NSC Norfolk Southern Corp. 0.18% 3,426 $804K No change
ABT Abbott Laboratories 0.18% 6,979 $789K Add +0.6%
XLE SS Energy Select Sector 0.18% 9,146 $783K Add +0.3%
IQLT iShares MSCI International Q 0.18% 21,103 $783K No change
IVV iShares Core S&P 500 ETF 0.18% 1,297 $763K Reduce -1.3%
IWP iShares Russell Mid-Cap Grow 0.17% 5,950 $754K No change
GLDM SPDR Gold Minishares Trust 0.17% 14,409 $749K No change
JNJ Johnson & Johnson 0.17% 5,049 $730K Add +1.5%
GOOG Alphabet Inc. Class C 0.17% 3,770 $718K Add +2.5%
PM Philip Morris International 0.16% 5,782 $696K No change
PG The Procter & Gamble Co. 0.16% 4,099 $687K Add +14.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.15% 5,522 $667K Add +3.0%
VEA Vanguard Ftse Developed ETF 0.15% 13,927 $666K Add +0.6%
GNR State Street SPDR S&P Global 0.14% 12,404 $617K Add +107.0%
GTO Invesco Total Return Bond Et 0.14% 13,209 $613K No change
CIGI Colliers Intl GR-Subord Vot 0.14% 4,500 $612K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.14% 2,100 $596K No change
MCD McDonald's Corp. 0.13% 1,967 $570K Add +24.5%
LRCX Lam Research Corp. 0.13% 7,850 $567K Reduce -0.8%
ORLY O'reilly Automotive Inc. 0.13% 478 $567K No change
ABBV Abbvie Inc. 0.13% 3,182 $565K Add +3.2%
EWG iShares MSCI Germany ETF 0.13% 17,500 $557K No change
UNH Unitedhealth Group Inc. 0.13% 1,087 $550K Reduce -0.5%
XOM Exxon Mobil Corp. 0.13% 5,107 $549K Add +0.8%
INTU Intuit Inc. 0.13% 869 $546K No change
SCHF Schwab Intl Equity ETF 0.13% 29,488 $546K No change
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.13% 2,555 $543K No change
CRM Salesforce Inc. 0.12% 1,621 $542K Reduce -0.8%
ETN Eaton Corp. PLC 0.12% 1,633 $542K Add +3.5%
EMR Emerson Electric Co. 0.12% 4,355 $540K Add +0.9%
IWV iShares Russell 3000 ETF 0.12% 1,600 $535K No change
TFC Truist Financial Corp. 0.12% 12,124 $526K Add +2.2%
IWF iShares Russell 1000 Growth 0.12% 1,269 $510K Reduce -10.6%
XJR Ishr ESG SS S&P Smal-Cap-Usd 0.11% 11,602 $477K Add +54.5%
SCHG Schwab US Large-Cap Growth 0.11% 16,780 $468K No change
LHX L3HARRIS Technologies Inc. 0.11% 2,215 $466K No change
TSLA Tesla Inc. 0.11% 1,147 $463K Reduce -4.6%
VSGX Vanguard ESG Intl Stock ETF 0.10% 8,043 $456K Add +89.4%
UPS United Parcel Service Class B 0.10% 3,560 $449K Reduce -0.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.10% 10,163 $447K No change
V Visa Inc. Class A 0.10% 1,411 $446K No change
XJH Ishare ESG SS S&P Midcap ETF 0.10% 10,103 $423K Add +16.5%
MPWR Monolithic Power Systems Inc. 0.10% 702 $415K No change
SCHX Schwab US Large-Cap ETF 0.10% 17,838 $413K No change
AMZN Amazon.com Inc. 0.09% 1,844 $405K Reduce -0.8%
NEE Nextera Energy Inc. 0.09% 5,491 $394K Add +6.6%
ADI Analog Devices Inc. 0.09% 1,835 $390K Add +5.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.09% 3,471 $386K Add +2.7%
BA The Boeing Co. 0.09% 2,143 $379K No change
MS Morgan Stanley 0.08% 2,928 $368K No change
AMAT Applied Materials Inc. 0.08% 2,261 $368K Add +1.7%
ON On Semiconductor 0.08% 5,649 $356K No change
DMXF iShares ESG Advanc MSCI Eafe 0.08% 5,386 $348K Add +2.9%
IUSV iShares Core S&P U.S. Value 0.08% 3,758 $348K New
CSCO Cisco Systems Inc. 0.08% 5,791 $343K Add +3.1%
BRK.B Berkshire Hathaway Inc. Class B 0.08% 746 $338K Add +5.8%
TXN Texas Instruments Inc. 0.08% 1,773 $332K Add +0.1%
NOW ServiceNow Inc. 0.08% 313 $332K No change
PNC PNC Financial Services Group 0.07% 1,660 $320K Reduce -1.5%
ADBE Adobe Inc. 0.07% 692 $308K No change
ROST Ross Stores Inc. 0.07% 1,995 $302K No change
GS Goldman Sachs Group Inc. 0.07% 515 $295K Reduce -2.1%
CNC Centene Corp. 0.07% 4,802 $291K No change
YUMC Yum China Holdings Inc. 0.07% 6,000 $289K No change
ESML iShares ESG Aware MSCI USA S 0.07% 6,821 $287K No change
KO The Coca-Cola Co. 0.07% 4,570 $285K Add +1.5%
MCO Moody's Corp. 0.07% 600 $284K No change
CVX Chevron Corp. 0.07% 1,958 $284K Add +29.1%
EFAV iShares MSCI Eafe Min Vol Fa 0.07% 3,996 $283K No change
NOC Northrop Grumman Corp. 0.06% 584 $274K No change
MU Micron Technology Inc. 0.06% 3,220 $271K Add +1.4%
DHI D.R. Horton Inc. 0.06% 1,926 $269K No change
MRK Merck & Co. Inc. 0.06% 2,704 $269K New
BMAY Innovator U.S. Equity Buffer 0.06% 6,620 $267K No change
ACWI iShares MSCI Acwi ETF 0.06% 2,269 $267K New
SLF Sun Life Financial Inc. 0.06% 4,339 $257K No change
MRSH Marsh & McLennan Cos 0.06% 1,200 $255K No change
CBRE CBRE Group Inc. Class A 0.06% 1,918 $252K No change
CBU Community Financial System I 0.06% 4,014 $248K Reduce -60.7%
ADSK Autodesk Inc. 0.06% 826 $244K No change
SKX Skechers USA Inc. Class A 0.06% 3,628 $244K No change
MDLZ Mondelez International Inc. Class A 0.06% 4,042 $241K Reduce -0.9%
SPD Simplify US Eqty Plus Down 0.05% 7,115 $237K No change
IWM iShares Russell 2000 ETF 0.05% 1,046 $231K No change
CEG Constellation Energy 0.05% 1,023 $229K No change
ICE Intercontinental Exchange Inc. 0.05% 1,530 $228K Reduce -1.2%
DCBO Docebo Inc. 0.05% 5,000 $224K No change
MPC Marathon Petroleum Corp. 0.05% 1,554 $217K No change
AVY Avery Dennison Corp. 0.05% 1,156 $216K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.05% 973 $214K New
DOV Dover Corp. 0.05% 1,140 $214K No change
GIS General Mills Inc. 0.05% 3,326 $212K No change
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.05% 4,133 $210K No change
ANSS Ansys Inc. 0.05% 612 $206K New
CSX CSX Corp. 0.05% 6,312 $204K No change
PHM Pultegroup Inc. 0.05% 1,860 $203K No change
TDY Teledyne Technologies Inc. 0.05% 436 $202K New
XGLQX Clough Global Equity Fund 0.05% 30,207 $201K No change
RJF Raymond James Financial Inc. 0.05% 1,293 $201K New
PFD Flaherty & Crumrin Pre&inc F 0.04% 16,627 $187K Reduce -1.7%
LVTX Lava Therapeutics NV 0.02% 102,500 $97K No change
NML Neuberger Energy Infrastruct 0.02% 10,642 $94K Add +0.2%
HL Hecla Mining Co. 0.02% 18,000 $88K No change

Portfolio Sells Q3 2024 → Q4 2024
VUG Vanguard Mrngstar GR ETF-Sui Reduce -3.0% 11.13% −0.84
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.2% 3.27% −0.31
UITB Victoryshares Core Intermedi Reduce -0.4% 1.48% −0.25
VIG Vanguard Dividend Apprec ETF Reduce -0.2% 1.86% −0.24
IVE iShares S&P 500 Value ETF Reduce -0.4% 1.29% −0.20
VB Vanguard Most SM-Cap ETF-Usd Reduce -1.4% 1.11% −0.13
CBU Community Financial System I Reduce -60.7% 0.06% −0.10
MSFT Microsoft Corp. Reduce -1.1% 0.61% −0.09
IWD iShares Russell 1000 Value E Reduce -0.2% 0.62% −0.09
IJT iShares S&P Small-Cap 600 GR Reduce -0.3% 0.53% −0.08
IWR iShares Russell Mid-Cap ETF Reduce -0.9% 0.60% −0.07
MCHP Microchip Technology Inc. Sold out 0.00% −0.07
AMD Advanced Micro Devices Sold out 0.00% −0.07
PEP Pepsico Inc. Sold out 0.00% −0.06
PSEP Innovator U.S. Equity Power Reduce -1.9% 0.47% −0.06
SPTI SS SPDR P Int Term TSY ETF Reduce -5.3% 0.25% −0.06
GDX Vaneck Gold Miners ETF Sold out 0.00% −0.06
AMGN Amgen Inc. Sold out 0.00% −0.06
ESGD iShares Trust iShares ESG Aw Sold out 0.00% −0.06
SBAC SBA Communications Corp. Sold out 0.00% −0.05
ITW Illinois Tool Works Sold out 0.00% −0.05
CVLC Calvert US L-C CR Resp Index Reduce -13.1% 0.20% −0.05
QGRO American Century US Quality Reduce -1.8% 1.34% −0.05
VTI VG Morningstar TS MKT ETF-US Reduce -7.2% 0.26% −0.05
UNH Unitedhealth Group Inc. Reduce -0.5% 0.13% −0.04
NVDA Nvidia Corp. Reduce -4.3% 0.69% −0.04
LRCX Lam Research Corp. Reduce -0.8% 0.13% −0.04
HD Home Depot Inc. Reduce -0.6% 0.19% −0.03
META Meta Platforms Inc. Class A Reduce -1.9% 0.26% −0.03
UPS United Parcel Service Class B Reduce -0.4% 0.10% −0.02
MDLZ Mondelez International Inc. Class A Reduce -0.9% 0.06% −0.02
VOO Vanguard S&P 500 ETF Reduce -1.8% 0.19% −0.02
IWF iShares Russell 1000 Growth Reduce -10.6% 0.12% −0.02
IVV iShares Core S&P 500 ETF Reduce -1.3% 0.18% −0.02
ICE Intercontinental Exchange Inc. Reduce -1.2% 0.05% −0.01
PFD Flaherty & Crumrin Pre&inc F Reduce -1.7% 0.04% −0.01
PNC PNC Financial Services Group Reduce -1.5% 0.07% −0.01
GS Goldman Sachs Group Inc. Reduce -2.1% 0.07% +0.00
GOOGL Alphabet Inc. Class A Reduce -0.8% 0.19% +0.00
AMZN Amazon.com Inc. Reduce -0.8% 0.09% +0.00
JPM JPMorgan Chase & Co. Reduce -0.3% 0.33% +0.01
CRM Salesforce Inc. Reduce -0.8% 0.12% +0.01
TSLA Tesla Inc. Reduce -4.6% 0.11% +0.03
AVGO Broadcom Inc. Reduce -0.6% 0.46% +0.08

Portfolio Buys Q3 2024 → Q4 2024
GBIL Goldman Sachs Access Treasur Add +53.3% 20.75% +5.60
IEMG iShares Core MSCI Emerging Add +1309.6% 1.78% +1.63
ASIA Matthews Pacific Tiger ETF Add +85.3% 1.98% +0.70
JPST JPMorgan Ultra-Short Income New 0.54% +0.54
IWB iShares Russell 1000 ETF New 0.25% +0.25
AGG iShares Core U.S. Aggregate Add +59.1% 0.30% +0.08
IUSV iShares Core S&P U.S. Value New 0.08% +0.08
MRK Merck & Co. Inc. New 0.06% +0.06
ACWI iShares MSCI Acwi ETF New 0.06% +0.06
IEFA iShares Core MSCI Eafe ETF Add +61.6% 0.24% +0.06
GNR State Street SPDR S&P Global Add +107.0% 0.14% +0.05
MEMS Matthews Em Discovery Add +68.9% 0.20% +0.05
IBM Intl Business Machines Corp. New 0.05% +0.05
ANSS Ansys Inc. New 0.05% +0.05
TDY Teledyne Technologies Inc. New 0.05% +0.05
RJF Raymond James Financial Inc. New 0.05% +0.05
AAPL Apple Inc. Add +6.9% 1.33% +0.04
VSGX Vanguard ESG Intl Stock ETF Add +89.4% 0.10% +0.04
DE Deere & Co. Add +26.2% 0.23% +0.03
XJR Ishr ESG SS S&P Smal-Cap-Usd Add +54.5% 0.11% +0.03
EEM iShares MSCI Emerging Market Add +27.2% 0.46% +0.02
CVX Chevron Corp. Add +29.1% 0.07% +0.01
MCD McDonald's Corp. Add +24.5% 0.13% +0.01
GOOG Alphabet Inc. Class C Add +2.5% 0.17% +0.01
DIS The Walt Disney Co. Add +2.7% 0.09% +0.01
XJH Ishare ESG SS S&P Midcap ETF Add +16.5% 0.10% +0.00
EMR Emerson Electric Co. Add +0.9% 0.12% +0.00
CSCO Cisco Systems Inc. Add +3.1% 0.08% +0.00
NML Neuberger Energy Infrastruct Add +0.2% 0.02% −0.00
PG The Procter & Gamble Co. Add +14.7% 0.16% −0.00
SHV iShares 0-1 Year Treasury Bo Add +10.8% 0.31% −0.00
BRK.B Berkshire Hathaway Inc. Class B Add +5.8% 0.08% −0.01
TJX TJX Companies Inc. Add +3.0% 0.15% −0.01
EEMS iShares MSCI Emerging MKT SM Add +18.3% 0.26% −0.01
TFC Truist Financial Corp. Add +2.2% 0.12% −0.01
ETN Eaton Corp. PLC Add +3.5% 0.12% −0.01
ADI Analog Devices Inc. Add +5.0% 0.09% −0.01
DMXF iShares ESG Advanc MSCI Eafe Add +2.9% 0.08% −0.02
TXN Texas Instruments Inc. Add +0.1% 0.08% −0.02
KO The Coca-Cola Co. Add +1.5% 0.07% −0.02
NEE Nextera Energy Inc. Add +6.6% 0.09% −0.02
ABT Abbott Laboratories Add +0.6% 0.18% −0.02
MU Micron Technology Inc. Add +1.4% 0.06% −0.02
XLE SS Energy Select Sector Add +0.3% 0.18% −0.03
ABBV Abbvie Inc. Add +3.2% 0.13% −0.03
XOM Exxon Mobil Corp. Add +0.8% 0.13% −0.03
HON Honeywell International Inc. Add +0.3% 1.45% −0.03
AMAT Applied Materials Inc. Add +1.7% 0.08% −0.03
VWO Vanguard Ftse Emerging Marke Add +9.6% 0.30% −0.03
VEA Vanguard Ftse Developed ETF Add +0.6% 0.15% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 130$857.3MVTV, VUG, GBIL, VO, IEMG
Q1 2026 136$808.3MVTV, GBIL, VUG, VO, IEMG
Q4 2025 147$796.0MVTV, VUG, GBIL, VO, ACWI
Q3 2025 141$750.2MGBIL, VUG, VTV, VO, ACWI
Q2 2025 133$683.5MGBIL, VUG, VTV, VO, ACWI
Q1 2025 169$555.2MGBIL, VTV, VUG, VO, VGIT
Q4 2024 164$434.7MGBIL, VTV, VUG, VO, SPY
Q3 2024 163$389.7MGBIL, VTV, VUG, VO, SPY
Q2 2024 171$370.3MGBIL, VUG, VTV, VO, SPY
Q1 2024 172$369.8MGBIL, VTV, VUG, VO, SPY