Pathway Financial Advisors LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 25, 2025), Pathway Financial Advisors LLC reported 133 stock positions worth $683.5 million. Its top holding was Goldman Sachs Access Treasur (GBIL) at 17.5% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 11.1%) and Vanguard Mrngstr Val ETF-Aui (VTV, 11.1%). Compared with Q1 2025, it opened 9 new positions, sold out of 45, added to 35 and reduced 43. The biggest buy was iShares MSCI Acwi ETF (ACWI, shares +6876%) and the biggest sale Goldman Sachs Access Treasur (GBIL, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- SOUTH BURLINGTON, VT
- CIK
- 0001738828
- Portfolio Value
- $683.5M (Q2 2025)
- SEC Filing
- 0001738828-25-000006 ↗ filed Jul 25, 2025
Holdings Value
Holdings 133 stocks · $683.5M
| GBIL Goldman Sachs Access Treasur | 17.53% | 1,196,415 | $119.8M | Reduce -17.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 11.14% | 173,696 | $76.1M | Add +27.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 11.07% | 428,204 | $75.7M | Add +27.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 4.97% | 121,452 | $34.0M | Add +26.9% |
| ACWI iShares MSCI Acwi ETF | 4.60% | 244,292 | $31.4M | Add +6875.8% |
| VGIT Vanguard Intermediate-Term T | 4.38% | 500,885 | $30.0M | Add +67.3% |
| IEMG iShares Core MSCI Emerging | 3.32% | 377,758 | $22.7M | Add +60.1% |
| VGUS Vanguard Ultra SHRT Treasury | 3.25% | 294,387 | $22.2M | Add +58.9% |
| VBIL Vanguard 0-3M T-Bill ETF | 3.01% | 272,127 | $20.6M | Add +145.3% |
| IJR iShares Core S&P Small-Cap E | 2.56% | 159,800 | $17.5M | Add +45.5% |
| UITB Victoryshares Core Intermedi | 2.48% | 360,500 | $17.0M | Add +127.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.20% | 24,359 | $15.1M | Add +0.4% |
| MXI iShares Global Materials ETF | 2.13% | 170,172 | $14.5M | Add +15.6% |
| GUNR NT Mstar GLBL NR ETF | 1.92% | 327,259 | $13.1M | Add +33.6% |
| IEFA iShares Core MSCI Eafe ETF | 1.48% | 120,964 | $10.1M | Add +274.9% |
| VIG Vanguard Dividend Apprec ETF | 1.23% | 40,988 | $8.4M | No change |
| ASIA Matthews Pacific Tiger ETF | 1.05% | 245,306 | $7.2M | Reduce -23.2% |
| BKCI BNY Mellon Concentrated Intl | 1.05% | 139,482 | $7.2M | Add +240.8% |
| QGRO American Century US Quality | 1.02% | 63,587 | $6.9M | Add +7.0% |
| HON Honeywell International Inc. | 0.92% | 27,085 | $6.3M | Reduce -2.9% |
| BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN | 0.88% | 140,753 | $6.0M | No change |
| EFA iShares MSCI Eafe ETF | 0.84% | 64,366 | $5.8M | Reduce -21.0% |
| IVE iShares S&P 500 Value ETF | 0.84% | 29,262 | $5.7M | No change |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.81% | 59,988 | $5.5M | Reduce -1.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.67% | 19,396 | $4.6M | Reduce -2.9% |
| NVDA Nvidia Corp. | 0.52% | 22,371 | $3.5M | Add +1.9% |
| IVW iShares S&P 500 Growth ETF | 0.49% | 30,150 | $3.3M | Add +15.2% |
| AAPL Apple Inc. | 0.46% | 15,448 | $3.2M | Reduce -32.9% |
| MSFT Microsoft Corp. | 0.46% | 6,281 | $3.1M | Reduce -0.2% |
| IWR iShares Russell Mid-Cap ETF | 0.45% | 33,355 | $3.1M | Add +12.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.43% | 15,133 | $3.0M | No change |
| IWD iShares Russell 1000 Value E | 0.42% | 14,660 | $2.8M | Reduce -0.1% |
| EEMS iShares MSCI Emerging MKT SM | 0.39% | 41,231 | $2.7M | Add +37.9% |
| AAXJ iShares MSCI All Country Asi | 0.38% | 31,590 | $2.6M | Reduce -4.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.35% | 4,385 | $2.4M | No change |
| EEM iShares MSCI Emerging Market | 0.33% | 47,365 | $2.3M | No change |
| MEMS Matthews Em Discovery | 0.33% | 86,078 | $2.3M | Add +47.2% |
| CHD Church & Dwight Co. Inc. | 0.32% | 22,786 | $2.2M | No change |
| IJT iShares S&P Small-Cap 600 GR | 0.32% | 16,404 | $2.2M | Reduce -3.1% |
| DDX Defined Duration 10 ETF | 0.30% | 86,564 | $2.0M | Add +1.1% |
| PSEP Innovator U.S. Equity Power | 0.29% | 48,335 | $2.0M | Reduce -2.7% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.29% | 11,864 | $2.0M | No change |
| VGT Vanguard Info Tech ETF | 0.28% | 2,852 | $1.9M | No change |
| IYM iShares U.S. Basic Materials | 0.25% | 12,172 | $1.7M | Reduce -0.6% |
| VWO Vanguard Ftse Emerging Marke | 0.24% | 32,481 | $1.6M | Add +7.8% |
| XLK SS Technology Select Sector | 0.21% | 5,602 | $1.4M | No change |
| VAW Vanguard Materials ETF | 0.21% | 7,240 | $1.4M | No change |
| AGG iShares Core U.S. Aggregate | 0.21% | 14,146 | $1.4M | Reduce -8.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.21% | 4,614 | $1.4M | Add +17.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.20% | 4,891 | $1.4M | No change |
| SHV iShares 0-1 Year Treasury Bo | 0.19% | 11,481 | $1.3M | No change |
| ITOT iShares Core S&P Total U.S. | 0.18% | 9,200 | $1.2M | No change |
| DE Deere & Co. | 0.18% | 2,406 | $1.2M | No change |
| IWB iShares Russell 1000 ETF | 0.17% | 3,400 | $1.2M | No change |
| GMOI GMO International Value ETF | 0.16% | 38,368 | $1.1M | Add +272.0% |
| GLDM SPDR Gold Minishares Trust | 0.16% | 16,195 | $1.1M | Add +12.4% |
| CAT Caterpillar Inc. | 0.15% | 2,700 | $1.0M | Reduce -23.4% |
| IQLT iShares MSCI International Q | 0.15% | 23,257 | $1.0M | Add +7.4% |
| SPTI SS SPDR P Int Term TSY ETF | 0.14% | 33,991 | $978K | Reduce -10.3% |
| IVV iShares Core S&P 500 ETF | 0.14% | 1,502 | $932K | No change |
| VOO Vanguard S&P 500 ETF | 0.13% | 1,618 | $919K | Add +1.1% |
| CVLC Calvert US L-C CR Resp Index | 0.13% | 11,984 | $917K | No change |
| SGOV iShares 0-3 Month Treasury B | 0.13% | 8,510 | $857K | Add +8.3% |
| IWP iShares Russell Mid-Cap Grow | 0.12% | 5,950 | $825K | No change |
| AVGO Broadcom Inc. | 0.12% | 2,960 | $816K | Reduce -65.7% |
| VEA Vanguard Ftse Developed ETF | 0.12% | 13,904 | $793K | Reduce -0.8% |
| JPM JPMorgan Chase & Co. | 0.12% | 2,719 | $788K | Reduce -55.2% |
| JNJ Johnson & Johnson | 0.11% | 4,973 | $760K | Reduce -1.3% |
| GOOGL Alphabet Inc. Class A | 0.11% | 4,301 | $758K | No change |
| MUB iShares National Muni Bond E | 0.11% | 7,132 | $745K | Add +57.1% |
| EWG iShares MSCI Germany ETF | 0.11% | 17,500 | $740K | No change |
| PM Philip Morris International | 0.10% | 3,882 | $707K | Reduce -32.9% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.10% | 2,100 | $672K | No change |
| QLTY GMO U.S. Quality ETF | 0.10% | 19,108 | $655K | New |
| SCHF Schwab Intl Equity ETF | 0.10% | 29,488 | $652K | No change |
| PG The Procter & Gamble Co. | 0.09% | 4,070 | $648K | Reduce -2.5% |
| GTO Invesco Total Return Bond Et | 0.09% | 13,209 | $619K | No change |
| CIGI Colliers Intl GR-Subord Vot | 0.09% | 4,500 | $587K | No change |
| META Meta Platforms Inc. Class A | 0.09% | 793 | $585K | Reduce -58.6% |
| ABBV Abbvie Inc. | 0.09% | 3,132 | $581K | Reduce -0.8% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.08% | 2,555 | $575K | No change |
| IWV iShares Russell 3000 ETF | 0.08% | 1,600 | $562K | No change |
| PFD Flaherty & Crumrin Pre&inc F | 0.08% | 48,196 | $545K | Add +63.7% |
| BA The Boeing Co. | 0.08% | 2,543 | $533K | No change |
| VSGX Vanguard ESG Intl Stock ETF | 0.08% | 8,043 | $527K | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.07% | 9,730 | $509K | New |
| XLE SS Energy Select Sector | 0.07% | 5,975 | $507K | Reduce -34.0% |
| IWF iShares Russell 1000 Growth | 0.07% | 1,185 | $503K | Reduce -6.0% |
| SCHG Schwab US Large-Cap Growth | 0.07% | 16,872 | $493K | Add +0.1% |
| NSC Norfolk Southern Corp. | 0.07% | 1,901 | $487K | Reduce -44.5% |
| ABT Abbott Laboratories | 0.07% | 3,490 | $475K | Reduce -50.7% |
| XJR Ishr ESG SS S&P Smal-Cap-Usd | 0.07% | 11,874 | $470K | Reduce -0.7% |
| GNR State Street SPDR S&P Global | 0.07% | 8,431 | $457K | Reduce -34.3% |
| XJH Ishare ESG SS S&P Midcap ETF | 0.06% | 10,559 | $438K | No change |
| SCHX Schwab US Large-Cap ETF | 0.06% | 17,838 | $436K | No change |
| XOM Exxon Mobil Corp. | 0.06% | 3,884 | $419K | Reduce -3.3% |
| AMZN Amazon.com Inc. | 0.06% | 1,848 | $405K | Add +0.1% |
| DMXF iShares ESG Advanc MSCI Eafe | 0.06% | 5,176 | $385K | Reduce -3.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.05% | 748 | $363K | Add +0.8% |
| TSLA Tesla Inc. | 0.05% | 1,141 | $362K | Add +4.6% |
Portfolio Sells Q1 2025 → Q2 2025
| GBIL Goldman Sachs Access Treasur | Reduce -17.0% | 17.53% | −8.47 |
| AAPL Apple Inc. | Reduce -32.9% | 0.46% | −0.46 |
| ASIA Matthews Pacific Tiger ETF | Reduce -23.2% | 1.05% | −0.45 |
| EFA iShares MSCI Eafe ETF | Reduce -21.0% | 0.84% | −0.36 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -1.7% | 0.81% | −0.20 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.17 |
| JPM JPMorgan Chase & Co. | Reduce -55.2% | 0.12% | −0.15 |
| HON Honeywell International Inc. | Reduce -2.9% | 0.92% | −0.14 |
| AVGO Broadcom Inc. | Reduce -65.7% | 0.12% | −0.14 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -2.9% | 0.67% | −0.13 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −0.12 |
| META Meta Platforms Inc. Class A | Reduce -58.6% | 0.09% | −0.11 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.10 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.10 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.10 |
| ABT Abbott Laboratories | Reduce -50.7% | 0.07% | −0.10 |
| JPST JPMorgan Ultra-Short Income | Sold out | 0.00% | −0.10 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.10 |
| ORLY O'reilly Automotive Inc. | Reduce -68.6% | 0.03% | −0.09 |
| TFC Truist Financial Corp. | Sold out | 0.00% | −0.09 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.09 |
| LHX L3HARRIS Technologies Inc. | Sold out | 0.00% | −0.08 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.08 |
| IWD iShares Russell 1000 Value E | Reduce -0.1% | 0.42% | −0.08 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.08 |
| XLE SS Energy Select Sector | Reduce -34.0% | 0.07% | −0.08 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.08 |
| NSC Norfolk Southern Corp. | Reduce -44.5% | 0.07% | −0.07 |
| VTEB Vanguard Tax-Exempt Bond ETF | Sold out | 0.00% | −0.07 |
| MPWR Monolithic Power Systems Inc. | Sold out | 0.00% | −0.07 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.07 |
| AGG iShares Core U.S. Aggregate | Reduce -8.0% | 0.21% | −0.07 |
| MCD McDonald's Corp. | Reduce -48.1% | 0.04% | −0.07 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.07 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.06 |
| IUSV iShares Core S&P U.S. Value | Sold out | 0.00% | −0.06 |
| YUM Yum! Brands Inc. | Sold out | 0.00% | −0.06 |
| PM Philip Morris International | Reduce -32.9% | 0.10% | −0.06 |
| MS Morgan Stanley | Sold out | 0.00% | −0.06 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -3.1% | 0.32% | −0.06 |
| AAXJ iShares MSCI All Country Asi | Reduce -4.8% | 0.38% | −0.06 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.06 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.06 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −0.06 |
| GNR State Street SPDR S&P Global | Reduce -34.3% | 0.07% | −0.06 |
| CAT Caterpillar Inc. | Reduce -23.4% | 0.15% | −0.06 |
| PSEP Innovator U.S. Equity Power | Reduce -2.7% | 0.29% | −0.05 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.05 |
| PNC PNC Financial Services Group | Sold out | 0.00% | −0.05 |
| CNC Centene Corp. | Sold out | 0.00% | −0.05 |
Portfolio Buys Q1 2025 → Q2 2025
| ACWI iShares MSCI Acwi ETF | Add +6875.8% | 4.60% | +4.52 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +27.2% | 11.14% | +2.02 |
| VBIL Vanguard 0-3M T-Bill ETF | Add +145.3% | 3.01% | +1.50 |
| VGIT Vanguard Intermediate-Term T | Add +67.3% | 4.38% | +1.18 |
| UITB Victoryshares Core Intermedi | Add +127.4% | 2.48% | +1.14 |
| IEFA iShares Core MSCI Eafe ETF | Add +274.9% | 1.48% | +1.04 |
| IEMG iShares Core MSCI Emerging | Add +60.1% | 3.32% | +1.02 |
| VGUS Vanguard Ultra SHRT Treasury | Add +58.9% | 3.25% | +0.74 |
| BKCI BNY Mellon Concentrated Intl | Add +240.8% | 1.05% | +0.70 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +27.5% | 11.07% | +0.62 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +26.9% | 4.97% | +0.51 |
| IJR iShares Core S&P Small-Cap E | Add +45.5% | 2.56% | +0.49 |
| GUNR NT Mstar GLBL NR ETF | Add +33.6% | 1.92% | +0.21 |
| GMOI GMO International Value ETF | Add +272.0% | 0.16% | +0.11 |
| QLTY GMO U.S. Quality ETF | New | 0.10% | +0.10 |
| EEMS iShares MSCI Emerging MKT SM | Add +37.9% | 0.39% | +0.09 |
| NVDA Nvidia Corp. | Add +1.9% | 0.52% | +0.09 |
| MEMS Matthews Em Discovery | Add +47.2% | 0.33% | +0.08 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.07% | +0.07 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.05% | +0.05 |
| SCHA Schwab US Small-Cap ETF | New | 0.05% | +0.05 |
| IVW iShares S&P 500 Growth ETF | Add +15.2% | 0.49% | +0.05 |
| ISCB iShares Morningstar SM Cap | New | 0.04% | +0.04 |
| GE General Electric | New | 0.03% | +0.03 |
| GLD SPDR Gold Shares | New | 0.03% | +0.03 |
| ORCL Oracle Corp. | New | 0.03% | +0.03 |
| MMM 3M Co. | New | 0.03% | +0.03 |
| MUB iShares National Muni Bond E | Add +57.1% | 0.11% | +0.02 |
| PFD Flaherty & Crumrin Pre&inc F | Add +63.7% | 0.08% | +0.02 |
| QGRO American Century US Quality | Add +7.0% | 1.02% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +17.6% | 0.21% | +0.01 |
| TSLA Tesla Inc. | Add +4.6% | 0.05% | +0.00 |
| AMZN Amazon.com Inc. | Add +0.1% | 0.06% | −0.00 |
| SCHG Schwab US Large-Cap Growth | Add +0.1% | 0.07% | −0.00 |
| GLDM SPDR Gold Minishares Trust | Add +12.4% | 0.16% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Add +12.4% | 0.45% | −0.01 |
| IQLT iShares MSCI International Q | Add +7.4% | 0.15% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +7.8% | 0.24% | −0.01 |
| VOO Vanguard S&P 500 ETF | Add +1.1% | 0.13% | −0.01 |
| SGOV iShares 0-3 Month Treasury B | Add +8.3% | 0.13% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.8% | 0.05% | −0.02 |
| MXI iShares Global Materials ETF | Add +15.6% | 2.13% | −0.04 |
| DDX Defined Duration 10 ETF | Add +1.1% | 0.30% | −0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.4% | 2.20% | −0.24 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 130 | $857.3M | VTV, VUG, GBIL, VO, IEMG |
| Q1 2026 | 136 | $808.3M | VTV, GBIL, VUG, VO, IEMG |
| Q4 2025 | 147 | $796.0M | VTV, VUG, GBIL, VO, ACWI |
| Q3 2025 | 141 | $750.2M | GBIL, VUG, VTV, VO, ACWI |
| Q2 2025 | 133 | $683.5M | GBIL, VUG, VTV, VO, ACWI |
| Q1 2025 | 169 | $555.2M | GBIL, VTV, VUG, VO, VGIT |
| Q4 2024 | 164 | $434.7M | GBIL, VTV, VUG, VO, SPY |
| Q3 2024 | 163 | $389.7M | GBIL, VTV, VUG, VO, SPY |
| Q2 2024 | 171 | $370.3M | GBIL, VUG, VTV, VO, SPY |
| Q1 2024 | 172 | $369.8M | GBIL, VTV, VUG, VO, SPY |