PFW Advisors LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 11, 2024), PFW Advisors LLC reported 123 stock positions worth $327.1 million. Its top holding was Vulcan Materials (VMC) at 10.1% of the portfolio, followed by Coca-Cola (KO, 9.1%) and iShares Russell 1000 Growth (IWF, 7.8%). Compared with Q4 2023, it opened 10 new positions, sold out of 9, added to 57 and reduced 41. The biggest buy was Vanguard Ftse Emerging Marke (VWO, shares +119%) and the biggest sale iShares MSCI Emerging Market (EEM, shares −39%).

Most Recent 13F
Q2 2026
Location
ATLANTA, GA
CIK
0001989744
Portfolio Value
$327.1M (Q1 2024)
SEC Filing
0001989744-24-000002 ↗ filed Apr 11, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $327.1M $327.1M Q1 2024 Q2 2024: $314.3M Q2 2024 Q4 2024: $325.1M Q4 2024 Q1 2025: $319.0M Q1 2025 Q2 2025: $325.1M Q2 2025 Q3 2025: $338.1M Q3 2025 Q4 2025: $331.1M Q4 2025 Q1 2026: $317.9M Q1 2026 Q2 2026: $343.0M Q2 2026

Holdings 123 stocks · $327.1M
VMC Vulcan Materials Co. 10.05% 120,511 $32.9M No change
KO The Coca-Cola Co. 9.10% 486,649 $29.8M Reduce -0.0%
IWF iShares Russell 1000 Growth 7.81% 75,847 $25.6M Reduce -6.7%
IWD iShares Russell 1000 Value E 6.85% 125,114 $22.4M Reduce -2.0%
IWR iShares Russell Mid-Cap ETF 5.20% 202,188 $17.0M Reduce -4.1%
IWM iShares Russell 2000 ETF 3.15% 48,964 $10.3M Reduce -4.2%
VEA Vanguard Ftse Developed ETF 2.57% 167,336 $8.4M Reduce -4.0%
VWO Vanguard Ftse Emerging Marke 2.50% 195,718 $8.2M Add +119.4%
EEM iShares MSCI Emerging Market 2.38% 189,251 $7.8M Reduce -39.2%
BLV Vanguard Long-Term Bond ETF 2.07% 93,584 $6.8M Reduce -2.5%
AGG iShares Core U.S. Aggregate 2.03% 67,742 $6.6M Add +20.2%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 1.90% 136,421 $6.2M Add +16.7%
BND Vanguard Total Bond Market 1.90% 85,502 $6.2M Add +22.3%
MINT PIMCO Enhanced Short Maturit 1.76% 57,315 $5.8M Add +1.7%
PHYL Pgim Active High Yield Bond 1.48% 137,753 $4.8M Add +6.7%
MSFT Microsoft Corp. 1.42% 11,055 $4.7M Add +2.2%
AAPL Apple Inc. 1.30% 24,823 $4.3M Reduce -6.0%
BIL SS SPDR BB 1-3M T-Bill ETF 1.15% 40,894 $3.8M Reduce -55.6%
EFA iShares MSCI Eafe ETF 1.08% 44,353 $3.5M Add +0.6%
PSX Phillips 66 1.03% 20,554 $3.4M Reduce -1.4%
HD Home Depot Inc. 0.96% 8,225 $3.2M Add +1.8%
ACN Accenture PLC Class A 0.90% 8,479 $2.9M Reduce -0.1%
NVDA Nvidia Corp. 0.80% 2,898 $2.6M Add +0.5%
ITW Illinois Tool Works 0.80% 9,709 $2.6M Add +0.1%
PG The Procter & Gamble Co. 0.78% 15,766 $2.6M Reduce -0.3%
VONE Vanguard Russell 1000 0.78% 10,647 $2.5M Reduce -0.0%
VTWO Vanguard Russell 2000 ETF 0.77% 29,726 $2.5M Add +0.4%
V Visa Inc. Class A 0.77% 9,048 $2.5M Add +357.2%
MCD McDonald's Corp. 0.77% 8,928 $2.5M Add +0.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.76% 9,953 $2.5M Add +0.1%
EMR Emerson Electric Co. 0.76% 21,806 $2.5M Add +0.1%
ABT Abbott Laboratories 0.74% 21,253 $2.4M Add +0.1%
ICE Intercontinental Exchange Inc. 0.73% 17,382 $2.4M Add +0.1%
ACWI iShares MSCI Acwi ETF 0.70% 20,762 $2.3M Add +18.2%
BLK BlackRock Finance Inc. 0.68% 2,668 $2.2M Add +0.1%
JNJ Johnson & Johnson 0.68% 13,968 $2.2M Reduce -1.9%
PAYX Paychex Inc. 0.67% 17,888 $2.2M Add +0.1%
NEE Nextera Energy Inc. 0.66% 34,032 $2.2M Reduce -1.1%
MDLZ Mondelez International Inc. Class A 0.65% 30,476 $2.1M Add +0.1%
CMCSA Comcast Corp. Class A 0.64% 48,141 $2.1M Add +1.1%
COST Costco Wholesale Corp. 0.62% 2,761 $2.0M Reduce -2.5%
SBUX Starbucks Corp. 0.62% 22,073 $2.0M Add +0.2%
CSCO Cisco Systems Inc. 0.60% 39,007 $1.9M Add +1.4%
ZTS Zoetis Inc. 0.56% 10,904 $1.8M New
AWK American Water Works Co. Inc. 0.53% 14,173 $1.7M New
LIN Linde PLC 0.51% 3,608 $1.7M Add +0.1%
UNH Unitedhealth Group Inc. 0.49% 3,233 $1.6M Reduce -3.7%
SYK Stryker Corp. 0.43% 3,951 $1.4M Add +0.1%
AMGN Amgen Inc. 0.40% 4,640 $1.3M Add +0.1%
ECL Ecolab Inc. 0.39% 5,549 $1.3M Add +1.1%
AMZN Amazon.com Inc. 0.37% 6,766 $1.2M Add +1.4%
ADI Analog Devices Inc. 0.36% 6,029 $1.2M Reduce -0.1%
GD General Dynamics Corp. 0.36% 4,170 $1.2M Add +0.1%
PPG PPG Industries Inc. 0.35% 7,853 $1.1M Add +0.1%
WMT Walmart Inc. 0.35% 18,860 $1.1M Add +2.6%
TSCO Tractor Supply Company 0.34% 4,222 $1.1M Add +0.4%
CBSH Commerce Bancshares Inc. 0.34% 20,653 $1.1M Add +0.2%
GOOGL Alphabet Inc. Class A 0.33% 7,096 $1.1M Add +8.0%
JPM JPMorgan Chase & Co. 0.32% 5,232 $1.0M Add +1.1%
META Meta Platforms Inc. Class A 0.31% 2,119 $1.0M Add +1.4%
NKE Nike Inc. Class B 0.31% 10,763 $1.0M Add +0.0%
VTEB Vanguard Tax-Exempt Bond ETF 0.31% 19,940 $1.0M Reduce -2.1%
PLD Prologis Inc. 0.31% 7,699 $1.0M Add +1.6%
HYD Vaneck High Yield Muni ETF 0.30% 19,078 $997K Reduce -1.8%
AON Aon PLC Class A 0.29% 2,861 $955K Reduce -0.3%
LHX L3HARRIS Technologies Inc. 0.29% 4,405 $939K Add +0.2%
WEC WEC Energy Group Inc. 0.28% 11,176 $918K Reduce -1.6%
HON Honeywell International Inc. 0.27% 4,296 $882K Add +0.3%
APD Air Products & Chemicals Inc. 0.27% 3,626 $878K Reduce -3.9%
PZA Invesco National Amt-Free Mu 0.27% 36,447 $869K Reduce -2.9%
UNP Union Pacific Corp. 0.26% 3,491 $859K Add +1.8%
MKC McCormick & Co.-Non VTG SHRS 0.26% 10,899 $837K New
SHM SS SPDR N Ice St Muni ETF 0.25% 17,432 $827K Reduce -2.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.25% 21,628 $820K Reduce -1.1%
LLY Eli Lilly & Co. 0.23% 982 $764K Add +1.7%
TFI SS SPDR N Ice Muni Bond ETF 0.23% 16,152 $751K Reduce -5.8%
O Realty Income Corp. 0.22% 13,416 $726K Reduce -0.4%
AVGO Broadcom Inc. 0.22% 535 $709K Reduce -2.5%
PH Parker Hannifin Corp. 0.22% 1,267 $704K New
GOOG Alphabet Inc. Class C 0.21% 4,481 $682K No change
WFC Wells Fargo & Co. 0.20% 11,483 $666K Reduce -2.4%
BRK.B Berkshire Hathaway Inc. Class B 0.20% 1,562 $657K Add +1.6%
EME Emcor Group Inc. 0.20% 1,852 $649K No change
SSD Simpson Manufacturing Co. Inc. 0.19% 3,043 $624K No change
VB Vanguard Most SM-Cap ETF-Usd 0.17% 2,494 $570K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.17% 1,074 $562K Reduce -1.7%
MA Mastercard Inc. Class A 0.16% 1,109 $534K Add +0.6%
AMD Advanced Micro Devices 0.14% 2,519 $455K Reduce -0.2%
MANH Manhattan Associates Inc. 0.14% 1,778 $445K No change
SO The Southern Co. 0.13% 6,151 $441K Reduce -5.5%
NVO Novo-Nordisk A/S-Spons ADR 0.12% 3,091 $397K Add +0.5%
TSLA Tesla Inc. 0.12% 2,219 $390K Reduce -10.5%
VRTX Vertex Pharmaceuticals Inc. 0.12% 923 $386K Add +0.1%
PRI Primerica Inc. 0.12% 1,521 $385K No change
IEFA iShares Core MSCI Eafe ETF 0.11% 4,950 $367K No change
TEVA Teva Pharmaceutical-SP ADR 0.11% 25,439 $359K Add +0.5%
MAR Marriott International Class A 0.11% 1,367 $345K Add +0.5%
GE General Electric 0.10% 1,953 $343K Add +2.1%
SNV Synovus Financial Corp. 0.10% 8,458 $339K Add +0.3%
RBC RBC Bearings Inc. 0.10% 1,248 $337K No change
UBER Uber Technologies Inc. 0.10% 4,104 $316K Add +1.4%
FCN Fti Consulting Inc. 0.10% 1,484 $312K Reduce -1.2%
ITOT iShares Core S&P Total U.S. 0.10% 2,699 $311K No change
COP Conocophillips 0.09% 2,245 $286K Reduce -3.5%
XOM Exxon Mobil Corp. 0.09% 2,396 $279K Reduce -29.8%
GGG Graco Inc. 0.08% 2,935 $274K No change
ASML ASML Holding NV-NY Reg SHS 0.08% 269 $261K No change
ORLY O'reilly Automotive Inc. 0.08% 231 $261K Add +0.9%
ABBV Abbvie Inc. 0.08% 1,394 $254K Add +2.9%
GOLF Acushnet Holdings Corp. 0.08% 3,768 $249K No change
NFLX Netflix Inc. 0.07% 401 $244K New
WTS Watts Water Technologies-A 0.07% 1,144 $243K No change
KHC The Kraft Heinz Co. 0.07% 6,413 $237K Add +4.3%
ORCL Oracle Corp. 0.07% 1,870 $235K Reduce -3.9%
CDNS Cadence Design SYS Inc. 0.07% 749 $233K Add +0.1%
VGT Vanguard Info Tech ETF 0.07% 425 $223K No change
BSX Boston Scientific Corp. 0.07% 3,197 $219K New
DHR Danaher Corp. 0.07% 872 $218K New
MRK Merck & Co. Inc. 0.06% 1,604 $212K New
TFC Truist Financial Corp. 0.06% 5,208 $203K New
SAN Banco Santander SA-Spon ADR 0.06% 40,982 $198K Reduce -11.2%
MFG Mizuho Financial Group-ADR 0.01% 10,561 $42K New
SGHC Super Group SGHC Ltd. 0.01% 10,826 $37K Reduce -8.6%

Portfolio Sells Q4 2023 → Q1 2024
EEM iShares MSCI Emerging Market Reduce -39.2% 2.38% −1.62
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -55.6% 1.15% −1.54
AMT American Tower Corp. Sold out 0.00% −0.72
ES Eversource Energy Sold out 0.00% −0.57
CLX Clorox Company Sold out 0.00% −0.50
SPAB SS SPDR P Agg Bond ETF Sold out 0.00% −0.37
AAPL Apple Inc. Reduce -6.0% 1.30% −0.32
SJM The JM Smucker Co. Sold out 0.00% −0.27
RTX RTX Corp. Sold out 0.00% −0.22
BLV Vanguard Long-Term Bond ETF Reduce -2.5% 2.07% −0.22
IWM iShares Russell 2000 ETF Reduce -4.2% 3.15% −0.13
VEA Vanguard Ftse Developed ETF Reduce -4.0% 2.57% −0.10
TSLA Tesla Inc. Reduce -10.5% 0.12% −0.08
UNH Unitedhealth Group Inc. Reduce -3.7% 0.49% −0.08
ADBE Adobe Inc. Sold out 0.00% −0.07
FDS Factset Research Systems Inc. Sold out 0.00% −0.06
KO The Coca-Cola Co. Reduce -0.0% 9.10% −0.06
APD Air Products & Chemicals Inc. Reduce -3.9% 0.27% −0.06
IWF iShares Russell 1000 Growth Reduce -6.7% 7.81% −0.06
ACN Accenture PLC Class A Reduce -0.1% 0.90% −0.05
IWR iShares Russell Mid-Cap ETF Reduce -4.1% 5.20% −0.04
JNJ Johnson & Johnson Reduce -1.9% 0.68% −0.04
TFI SS SPDR N Ice Muni Bond ETF Reduce -5.8% 0.23% −0.03
O Realty Income Corp. Reduce -0.4% 0.22% −0.03
WEC WEC Energy Group Inc. Reduce -1.6% 0.28% −0.02
PZA Invesco National Amt-Free Mu Reduce -2.9% 0.27% −0.02
XOM Exxon Mobil Corp. Reduce -29.8% 0.09% −0.02
VTEB Vanguard Tax-Exempt Bond ETF Reduce -2.1% 0.31% −0.02
SHM SS SPDR N Ice St Muni ETF Reduce -2.5% 0.25% −0.02
ADI Analog Devices Inc. Reduce -0.1% 0.36% −0.02
HYD Vaneck High Yield Muni ETF Reduce -1.8% 0.30% −0.02
SO The Southern Co. Reduce -5.5% 0.13% −0.01
LYG Lloyds Banking Group PLC-ADR Sold out 0.00% −0.01
NEE Nextera Energy Inc. Reduce -1.1% 0.66% −0.00
SGHC Super Group SGHC Ltd. Reduce -8.6% 0.01% −0.00
SAN Banco Santander SA-Spon ADR Reduce -11.2% 0.06% −0.00
FCN Fti Consulting Inc. Reduce -1.2% 0.10% −0.00
COP Conocophillips Reduce -3.5% 0.09% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.7% 0.17% +0.01
ORCL Oracle Corp. Reduce -3.9% 0.07% +0.01
BAC Bank of America Corp. Reduce -1.1% 0.25% +0.02
WFC Wells Fargo & Co. Reduce -2.4% 0.20% +0.02
AMD Advanced Micro Devices Reduce -0.2% 0.14% +0.02
AVGO Broadcom Inc. Reduce -2.5% 0.22% +0.02
COST Costco Wholesale Corp. Reduce -2.5% 0.62% +0.02
AON Aon PLC Class A Reduce -0.3% 0.29% +0.03
VONE Vanguard Russell 1000 Reduce -0.0% 0.78% +0.04
PG The Procter & Gamble Co. Reduce -0.3% 0.78% +0.04
IWD iShares Russell 1000 Value E Reduce -2.0% 6.85% +0.11
PSX Phillips 66 Reduce -1.4% 1.03% +0.14

Portfolio Buys Q4 2023 → Q1 2024
VWO Vanguard Ftse Emerging Marke Add +119.4% 2.50% +1.33
V Visa Inc. Class A Add +357.2% 0.77% +0.61
ZTS Zoetis Inc. New 0.56% +0.56
AWK American Water Works Co. Inc. New 0.53% +0.53
NVDA Nvidia Corp. Add +0.5% 0.80% +0.34
MKC McCormick & Co.-Non VTG SHRS New 0.26% +0.26
BND Vanguard Total Bond Market Add +22.3% 1.90% +0.26
AGG iShares Core U.S. Aggregate Add +20.2% 2.03% +0.24
PH Parker Hannifin Corp. New 0.22% +0.22
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +16.7% 1.90% +0.18
ACWI iShares MSCI Acwi ETF Add +18.2% 0.70% +0.13
MSFT Microsoft Corp. Add +2.2% 1.42% +0.12
EMR Emerson Electric Co. Add +0.1% 0.76% +0.08
META Meta Platforms Inc. Class A Add +1.4% 0.31% +0.08
NFLX Netflix Inc. New 0.07% +0.07
HD Home Depot Inc. Add +1.8% 0.96% +0.07
BSX Boston Scientific Corp. New 0.07% +0.07
DHR Danaher Corp. New 0.07% +0.07
MRK Merck & Co. Inc. New 0.06% +0.06
TFC Truist Financial Corp. New 0.06% +0.06
SYK Stryker Corp. Add +0.1% 0.43% +0.05
LLY Eli Lilly & Co. Add +1.7% 0.23% +0.05
AMZN Amazon.com Inc. Add +1.4% 0.37% +0.05
TSCO Tractor Supply Company Add +0.4% 0.34% +0.05
ECL Ecolab Inc. Add +1.1% 0.39% +0.04
PHYL Pgim Active High Yield Bond Add +6.7% 1.48% +0.04
JPM JPMorgan Chase & Co. Add +1.1% 0.32% +0.04
LIN Linde PLC Add +0.1% 0.51% +0.04
WMT Walmart Inc. Add +2.6% 0.35% +0.04
GOOGL Alphabet Inc. Class A Add +8.0% 0.33% +0.03
GE General Electric Add +2.1% 0.10% +0.03
BRK.B Berkshire Hathaway Inc. Class B Add +1.6% 0.20% +0.03
TEVA Teva Pharmaceutical-SP ADR Add +0.5% 0.11% +0.03
EFA iShares MSCI Eafe ETF Add +0.6% 1.08% +0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.1% 0.76% +0.02
NVO Novo-Nordisk A/S-Spons ADR Add +0.5% 0.12% +0.02
ICE Intercontinental Exchange Inc. Add +0.1% 0.73% +0.02
UBER Uber Technologies Inc. Add +1.4% 0.10% +0.02
GD General Dynamics Corp. Add +0.1% 0.36% +0.01
MA Mastercard Inc. Class A Add +0.6% 0.16% +0.01
MFG Mizuho Financial Group-ADR New 0.01% +0.01
ABBV Abbvie Inc. Add +2.9% 0.08% +0.01
ORLY O'reilly Automotive Inc. Add +0.9% 0.08% +0.01
MAR Marriott International Class A Add +0.5% 0.11% +0.01
CDNS Cadence Design SYS Inc. Add +0.1% 0.07% +0.01
VTWO Vanguard Russell 2000 ETF Add +0.4% 0.77% +0.01
SNV Synovus Financial Corp. Add +0.3% 0.10% +0.00
KHC The Kraft Heinz Co. Add +4.3% 0.07% −0.00
VRTX Vertex Pharmaceuticals Inc. Add +0.1% 0.12% −0.00
UNP Union Pacific Corp. Add +1.8% 0.26% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 124$343.0MKO, VMC, IWF, IWD, IWR
Q1 2026 118$317.9MKO, VMC, IWF, IWD, IWR
Q4 2025 121$331.1MKO, VMC, IWF, IWD, IWR
Q3 2025 129$338.1MVMC, IWF, KO, IWD, IWR
Q2 2025 125$325.1MKO, VMC, IWF, IWD, IWR
Q1 2025 121$319.0MKO, VMC, IWF, IWD, IWR
Q4 2024 125$325.1MVMC, KO, IWF, IWD, IWR
Q2 2024 118$314.3MKO, VMC, IWF, IWD, IWR
Q1 2024 123$327.1MVMC, KO, IWF, IWD, IWR