PFW Advisors LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), PFW Advisors LLC reported 129 stock positions worth $338.1 million. Its top holding was Vulcan Materials (VMC) at 9.8% of the portfolio, followed by iShares Russell 1000 Growth (IWF, 9.0%) and Coca-Cola (KO, 8.9%). Compared with Q2 2025, it opened 11 new positions, sold out of 7, added to 43 and reduced 52. The biggest buy was Vanguard 0-3M T-Bill ETF (VBIL, shares +247%) and the biggest sale an exit from Vanguard Total Bond Market (BND).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001989744
- Portfolio Value
- $338.1M (Q3 2025)
- SEC Filing
- 0001989744-25-000005 ↗ filed Oct 14, 2025
Holdings Value
Holdings 129 stocks · $338.1M
| VMC Vulcan Materials Co. | 9.75% | 107,190 | $33.0M | Reduce -10.8% |
| IWF iShares Russell 1000 Growth | 9.04% | 65,236 | $30.6M | Reduce -2.2% |
| KO The Coca-Cola Co. | 8.93% | 455,081 | $30.2M | Reduce -0.2% |
| IWD iShares Russell 1000 Value E | 6.85% | 113,836 | $23.2M | Reduce -0.3% |
| IWR iShares Russell Mid-Cap ETF | 5.20% | 182,133 | $17.6M | Reduce -0.5% |
| VEA Vanguard Ftse Developed ETF | 3.20% | 180,767 | $10.8M | Add +17.2% |
| VWO Vanguard Ftse Emerging Marke | 2.67% | 166,490 | $9.0M | Reduce -13.8% |
| EEM iShares MSCI Emerging Market | 2.18% | 138,038 | $7.4M | Reduce -3.6% |
| IWM iShares Russell 2000 ETF | 1.97% | 27,534 | $6.7M | Reduce -6.0% |
| AGG iShares Core U.S. Aggregate | 1.96% | 66,195 | $6.6M | Add +2.7% |
| BLV Vanguard Long-Term Bond ETF | 1.95% | 92,898 | $6.6M | Add +1.5% |
| AAPL Apple Inc. | 1.83% | 24,245 | $6.2M | Add +6.4% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 1.78% | 128,921 | $6.0M | Add +0.2% |
| MINT PIMCO Enhanced Short Maturit | 1.76% | 59,228 | $6.0M | Reduce -3.7% |
| VBIL Vanguard 0-3M T-Bill ETF | 1.54% | 68,738 | $5.2M | Add +247.4% |
| NVDA Nvidia Corp. | 1.41% | 25,626 | $4.8M | Add +4.9% |
| PHYL Pgim Active High Yield Bond | 1.39% | 131,832 | $4.7M | Add +0.5% |
| MSFT Microsoft Corp. | 1.37% | 8,947 | $4.6M | Add +2.8% |
| EFA iShares MSCI Eafe ETF | 1.13% | 40,761 | $3.8M | Reduce -1.0% |
| ACWI iShares MSCI Acwi ETF | 1.03% | 25,233 | $3.5M | Add +0.8% |
| V Visa Inc. Class A | 0.89% | 8,766 | $3.0M | Add +2.7% |
| HD Home Depot Inc. | 0.83% | 6,964 | $2.8M | Add +4.1% |
| BLK BlackRock Inc. | 0.83% | 2,394 | $2.8M | Reduce -0.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.82% | 9,401 | $2.8M | Reduce -0.5% |
| ICE Intercontinental Exchange Inc. | 0.80% | 16,033 | $2.7M | Add +1.3% |
| ABT Abbott Laboratories | 0.79% | 19,872 | $2.7M | Reduce -0.4% |
| EMR Emerson Electric Co. | 0.78% | 20,108 | $2.6M | Reduce -0.5% |
| CSCO Cisco Systems Inc. | 0.78% | 38,379 | $2.6M | Reduce -0.6% |
| JNJ Johnson & Johnson | 0.76% | 13,876 | $2.6M | Reduce -0.4% |
| PSX Phillips 66 | 0.74% | 18,488 | $2.5M | Reduce -0.4% |
| MCD McDonald's Corp. | 0.73% | 8,175 | $2.5M | Reduce -0.7% |
| NEE Nextera Energy Inc. | 0.72% | 32,397 | $2.4M | Reduce -0.3% |
| ITW Illinois Tool Works | 0.71% | 9,224 | $2.4M | Reduce -0.3% |
| PG The Procter & Gamble Co. | 0.65% | 14,400 | $2.2M | Reduce -5.0% |
| PAYX Paychex Inc. | 0.62% | 16,542 | $2.1M | Reduce -0.3% |
| MDLZ Mondelez International Inc. Class A | 0.60% | 32,696 | $2.0M | Reduce -0.0% |
| COST Costco Wholesale Corp. | 0.59% | 2,154 | $2.0M | Add +4.3% |
| AWK American Water Works Co. Inc. | 0.58% | 14,044 | $2.0M | Reduce -0.2% |
| ACN Accenture PLC Class A | 0.57% | 7,786 | $1.9M | Add +2.6% |
| VTWO Vanguard Russell 2000 ETF | 0.56% | 19,295 | $1.9M | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 0.55% | 7,629 | $1.9M | Add +12.6% |
| SBUX Starbucks Corp. | 0.54% | 21,490 | $1.8M | Add +1.3% |
| WMT Walmart Inc. | 0.51% | 16,876 | $1.7M | Add +4.8% |
| AMZN Amazon.com Inc. | 0.50% | 7,775 | $1.7M | Add +13.5% |
| ZTS Zoetis Inc. | 0.50% | 11,504 | $1.7M | Add +5.0% |
| CMCSA Comcast Corp. Class A | 0.48% | 51,701 | $1.6M | Reduce -3.1% |
| LIN Linde PLC | 0.47% | 3,321 | $1.6M | Reduce -2.8% |
| JPM JPMorgan Chase & Co. | 0.46% | 4,888 | $1.5M | No change |
| LLY Eli Lilly & Co. | 0.43% | 1,923 | $1.5M | Add +127.6% |
| META Meta Platforms Inc. Class A | 0.42% | 1,940 | $1.4M | Reduce -0.7% |
| ECL Ecolab Inc. | 0.41% | 5,109 | $1.4M | Reduce -3.0% |
| ADI Analog Devices Inc. | 0.41% | 5,624 | $1.4M | Add +2.3% |
| VONE Vanguard Russell 1000 | 0.40% | 4,456 | $1.3M | Reduce -3.0% |
| AVGO Broadcom Inc. | 0.39% | 4,000 | $1.3M | Add +1.1% |
| GD General Dynamics Corp. | 0.38% | 3,773 | $1.3M | Reduce -0.5% |
| SYK Stryker Corp. | 0.37% | 3,417 | $1.3M | Reduce -0.6% |
| WEC WEC Energy Group Inc. | 0.37% | 10,980 | $1.3M | Add +0.3% |
| CBSH Commerce Bancshares Inc. | 0.37% | 20,720 | $1.2M | Reduce -0.2% |
| LHX L3HARRIS Technologies Inc. | 0.35% | 3,922 | $1.2M | Reduce -0.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.32% | 21,066 | $1.1M | Add +1.3% |
| TSCO Tractor Supply Company | 0.32% | 18,939 | $1.1M | Reduce -0.5% |
| AON Aon PLC Class A | 0.30% | 2,879 | $1.0M | No change |
| NKE Nike Inc. Class B | 0.30% | 14,714 | $1.0M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 0.30% | 4,187 | $1.0M | Add +0.2% |
| TSLA Tesla Inc. | 0.30% | 2,247 | $999K | Reduce -2.7% |
| AMGN Amgen Inc. | 0.29% | 3,460 | $976K | Reduce -0.3% |
| APD Air Products & Chemicals Inc. | 0.28% | 3,523 | $961K | Reduce -0.4% |
| UNH Unitedhealth Group Inc. | 0.28% | 2,722 | $940K | Add +17.6% |
| PH Parker Hannifin Corp. | 0.28% | 1,231 | $933K | Reduce -5.7% |
| WFC Wells Fargo & Co. | 0.27% | 11,071 | $928K | No change |
| PLD Prologis Inc. | 0.27% | 7,898 | $904K | Reduce -0.5% |
| HON Honeywell International Inc. | 0.24% | 3,919 | $825K | Reduce -0.2% |
| EME Emcor Group Inc. | 0.24% | 1,257 | $816K | No change |
| O Realty Income Corp. | 0.24% | 13,217 | $803K | Reduce -0.2% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.23% | 15,700 | $786K | Add +31.4% |
| PPG PPG Industries Inc. | 0.23% | 7,425 | $780K | Add +10.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 1,533 | $771K | Add +14.6% |
| MKC McCormick & Co.-Non VTG SHRS | 0.21% | 10,570 | $707K | Reduce -0.3% |
| SHM SS SPDR N Ice St Muni ETF | 0.21% | 14,578 | $703K | Reduce -1.2% |
| HYD Vaneck High Yield Muni ETF | 0.20% | 13,111 | $667K | Reduce -0.4% |
| PZA Invesco National Amt-Free Mu | 0.18% | 26,820 | $619K | Add +41.4% |
| SO The Southern Co. | 0.17% | 6,201 | $588K | Add +0.0% |
| MA Mastercard Inc. Class A | 0.17% | 1,022 | $581K | Add +6.5% |
| TEVA Teva Pharmaceutical-SP ADR | 0.16% | 26,295 | $531K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 773 | $515K | Add +20.2% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.15% | 11,100 | $506K | Reduce -2.1% |
| SSD Simpson Manufacturing Co. Inc. | 0.15% | 2,968 | $497K | No change |
| RBC RBC Bearings Inc. | 0.14% | 1,249 | $487K | No change |
| NFLX Netflix Inc. | 0.14% | 406 | $487K | Add +6.6% |
| APP AppLovin Corp. Class A | 0.14% | 662 | $476K | Add +1.9% |
| GE General Electric filed as GE AEROSPACE | 0.13% | 1,512 | $455K | Add +10.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.13% | 1,714 | $436K | Reduce -31.3% |
| PRIM Primoris Services Corp. | 0.13% | 3,124 | $429K | No change |
| PRI Primerica Inc. | 0.12% | 1,521 | $422K | No change |
| SNV Synovus Financial Corp. | 0.12% | 8,473 | $416K | No change |
| UBER Uber Technologies Inc. | 0.11% | 3,762 | $369K | No change |
| ITOT iShares Core S&P Total U.S. | 0.11% | 2,465 | $359K | Reduce -8.7% |
| MANH Manhattan Associates Inc. | 0.10% | 1,728 | $354K | No change |
| MAR Marriott International Class A | 0.10% | 1,359 | $354K | Add +0.1% |
| VGT Vanguard Info Tech ETF | 0.10% | 466 | $348K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| BND Vanguard Total Bond Market | Sold out | 0.00% | −1.85 |
| KO The Coca-Cola Co. | Reduce -0.2% | 8.93% | −1.00 |
| VWO Vanguard Ftse Emerging Marke | Reduce -13.8% | 2.67% | −0.27 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.21 |
| MINT PIMCO Enhanced Short Maturit | Reduce -3.7% | 1.76% | −0.14 |
| PAYX Paychex Inc. | Reduce -0.3% | 0.62% | −0.12 |
| CMCSA Comcast Corp. Class A | Reduce -3.1% | 0.48% | −0.11 |
| PG The Procter & Gamble Co. | Reduce -5.0% | 0.65% | −0.09 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −0.07 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.0% | 0.60% | −0.07 |
| SMR Nuscale Power Corp. | Sold out | 0.00% | −0.07 |
| PM Philip Morris International | Sold out | 0.00% | −0.07 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.06 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -31.3% | 0.13% | −0.05 |
| EMR Emerson Electric Co. | Reduce -0.5% | 0.78% | −0.05 |
| ABT Abbott Laboratories | Reduce -0.4% | 0.79% | −0.05 |
| CSCO Cisco Systems Inc. | Reduce -0.6% | 0.78% | −0.05 |
| SYK Stryker Corp. | Reduce -0.6% | 0.37% | −0.04 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -0.3% | 0.21% | −0.04 |
| HON Honeywell International Inc. | Reduce -0.2% | 0.24% | −0.04 |
| CBSH Commerce Bancshares Inc. | Reduce -0.2% | 0.37% | −0.03 |
| JMST JPM Ultra-Short Muni Income | Reduce -20.9% | 0.10% | −0.03 |
| LIN Linde PLC | Reduce -2.8% | 0.47% | −0.03 |
| AWK American Water Works Co. Inc. | Reduce -0.2% | 0.58% | −0.02 |
| ECL Ecolab Inc. | Reduce -3.0% | 0.41% | −0.02 |
| APD Air Products & Chemicals Inc. | Reduce -0.4% | 0.28% | −0.02 |
| META Meta Platforms Inc. Class A | Reduce -0.7% | 0.42% | −0.02 |
| NKE Nike Inc. Class B | Reduce -0.1% | 0.30% | −0.02 |
| AMGN Amgen Inc. | Reduce -0.3% | 0.29% | −0.01 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -1.2% | 0.21% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -1.0% | 1.13% | −0.01 |
| TFI SS SPDR N Ice Muni Bond ETF | Reduce -2.1% | 0.15% | −0.01 |
| HYD Vaneck High Yield Muni ETF | Reduce -0.4% | 0.20% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -8.7% | 0.11% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -6.7% | 0.07% | −0.00 |
| MCD McDonald's Corp. | Reduce -0.7% | 0.73% | −0.00 |
| PH Parker Hannifin Corp. | Reduce -5.7% | 0.28% | −0.00 |
| VONE Vanguard Russell 1000 | Reduce -3.0% | 0.40% | +0.00 |
| O Realty Income Corp. | Reduce -0.2% | 0.24% | +0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.5% | 0.82% | +0.00 |
| ITW Illinois Tool Works | Reduce -0.3% | 0.71% | +0.01 |
| AMD Advanced Micro Devices | Reduce -0.2% | 0.10% | +0.01 |
| TSCO Tractor Supply Company | Reduce -0.5% | 0.32% | +0.01 |
| PLD Prologis Inc. | Reduce -0.5% | 0.27% | +0.01 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.5% | 5.20% | +0.02 |
| IWM iShares Russell 2000 ETF | Reduce -6.0% | 1.97% | +0.03 |
| NEE Nextera Energy Inc. | Reduce -0.3% | 0.72% | +0.03 |
| IWD iShares Russell 1000 Value E | Reduce -0.3% | 6.85% | +0.04 |
| VTWO Vanguard Russell 2000 ETF | Reduce -0.2% | 0.56% | +0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| VBIL Vanguard 0-3M T-Bill ETF | Add +247.4% | 1.54% | +1.08 |
| VEA Vanguard Ftse Developed ETF | Add +17.2% | 3.20% | +0.50 |
| AAPL Apple Inc. | Add +6.4% | 1.83% | +0.39 |
| LLY Eli Lilly & Co. | Add +127.6% | 0.43% | +0.23 |
| NVDA Nvidia Corp. | Add +4.9% | 1.41% | +0.23 |
| GOOGL Alphabet Inc. Class A | Add +12.6% | 0.55% | +0.18 |
| HOOD Robinhood Markets Inc. Class A | New | 0.08% | +0.08 |
| HD Home Depot Inc. | Add +4.1% | 0.83% | +0.08 |
| COP Conocophillips | New | 0.08% | +0.08 |
| BX Blackstone Inc. | New | 0.08% | +0.08 |
| GOOG Alphabet Inc. Class C | Add +0.2% | 0.30% | +0.07 |
| APP AppLovin Corp. Class A | Add +1.9% | 0.14% | +0.07 |
| ABBV Abbvie Inc. | New | 0.07% | +0.07 |
| TJX TJX Companies Inc. | New | 0.07% | +0.07 |
| PLTR Palantir Technologies Inc. Class A | New | 0.06% | +0.06 |
| GEV GE Vernova Inc. | New | 0.06% | +0.06 |
| CDNS Cadence Design SYS Inc. | New | 0.06% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.06% | +0.06 |
| SHEL Shell PLC-ADR | New | 0.06% | +0.06 |
| SONY Sony Group Corp. - SP ADR | New | 0.06% | +0.06 |
| UNH Unitedhealth Group Inc. | Add +17.6% | 0.28% | +0.06 |
| AVGO Broadcom Inc. | Add +1.1% | 0.39% | +0.05 |
| PZA Invesco National Amt-Free Mu | Add +41.4% | 0.18% | +0.05 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +31.4% | 0.23% | +0.05 |
| AMZN Amazon.com Inc. | Add +13.5% | 0.50% | +0.04 |
| ACWI iShares MSCI Acwi ETF | Add +0.8% | 1.03% | +0.04 |
| MSFT Microsoft Corp. | Add +2.8% | 1.37% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +20.2% | 0.15% | +0.03 |
| WMT Walmart Inc. | Add +4.8% | 0.51% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +14.6% | 0.23% | +0.03 |
| GE General Electric | Add +10.0% | 0.13% | +0.03 |
| WEC WEC Energy Group Inc. | Add +0.3% | 0.37% | +0.02 |
| BAC Bank of America Corp. | Add +1.3% | 0.32% | +0.02 |
| SAN Banco Santander SA-Spon ADR | Add +1.8% | 0.09% | +0.02 |
| ADI Analog Devices Inc. | Add +2.3% | 0.41% | +0.01 |
| MA Mastercard Inc. Class A | Add +6.5% | 0.17% | +0.01 |
| IBM Intl Business Machines Corp. | Add +16.1% | 0.07% | +0.00 |
| SPGI S&P Global Inc. | Add +16.9% | 0.07% | +0.00 |
| NOW ServiceNow Inc. | Add +18.9% | 0.06% | +0.00 |
| SO The Southern Co. | Add +0.0% | 0.17% | −0.00 |
| AGG iShares Core U.S. Aggregate | Add +2.7% | 1.96% | −0.00 |
| PPG PPG Industries Inc. | Add +10.2% | 0.23% | −0.01 |
| MELI MercadoLibre Inc. | Add +4.8% | 0.08% | −0.01 |
| MAR Marriott International Class A | Add +0.1% | 0.10% | −0.01 |
| BLV Vanguard Long-Term Bond ETF | Add +1.5% | 1.95% | −0.01 |
| NFLX Netflix Inc. | Add +6.6% | 0.14% | −0.01 |
| ZTS Zoetis Inc. | Add +5.0% | 0.50% | −0.03 |
| PHYL Pgim Active High Yield Bond | Add +0.5% | 1.39% | −0.04 |
| COST Costco Wholesale Corp. | Add +4.3% | 0.59% | −0.04 |
| V Visa Inc. Class A | Add +2.7% | 0.89% | −0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 124 | $343.0M | KO, VMC, IWF, IWD, IWR |
| Q1 2026 | 118 | $317.9M | KO, VMC, IWF, IWD, IWR |
| Q4 2025 | 121 | $331.1M | KO, VMC, IWF, IWD, IWR |
| Q3 2025 | 129 | $338.1M | VMC, IWF, KO, IWD, IWR |
| Q2 2025 | 125 | $325.1M | KO, VMC, IWF, IWD, IWR |
| Q1 2025 | 121 | $319.0M | KO, VMC, IWF, IWD, IWR |
| Q4 2024 | 125 | $325.1M | VMC, KO, IWF, IWD, IWR |
| Q2 2024 | 118 | $314.3M | KO, VMC, IWF, IWD, IWR |
| Q1 2024 | 123 | $327.1M | VMC, KO, IWF, IWD, IWR |