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

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

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
AMD Advanced Micro Devices 0.10% 2,127 $344K Reduce -0.2%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.10% 6,364 $325K Reduce -20.9%
WTS Watts Water Technologies-A 0.09% 1,144 $319K No change
SAN Banco Santander SA-Spon ADR 0.09% 30,364 $318K Add +1.8%
ORLY O'reilly Automotive Inc. 0.09% 2,775 $299K No change
GOLF Acushnet Holdings Corp. 0.09% 3,716 $292K No change
HLI Houlihan Lokey Inc. 0.09% 1,402 $288K No change
HOOD Robinhood Markets Inc. Class A 0.08% 1,909 $273K New
MELI MercadoLibre Inc. 0.08% 110 $257K Add +4.8%
COP Conocophillips 0.08% 2,711 $256K New
BX Blackstone Inc. 0.08% 1,492 $255K New
XOM Exxon Mobil Corp. 0.07% 2,227 $251K Reduce -6.7%
THC Tenet Healthcare Corp. 0.07% 1,233 $250K No change
GGG Graco Inc. 0.07% 2,935 $249K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 875 $247K Add +16.1%
CRWD CrowdStrike Holdings Inc. Class A 0.07% 479 $235K No change
FCN Fti Consulting Inc. 0.07% 1,443 $233K No change
SPGI S&P Global Inc. 0.07% 477 $232K Add +16.9%
ABBV Abbvie Inc. 0.07% 983 $228K New
TFC Truist Financial Corp. 0.07% 4,951 $226K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 1,539 $222K New
PLTR Palantir Technologies Inc. Class A 0.06% 1,177 $215K New
NOW ServiceNow Inc. 0.06% 233 $214K Add +18.9%
GEV GE Vernova Inc. 0.06% 342 $210K New
CDNS Cadence Design SYS Inc. 0.06% 597 $210K New
TSM Taiwan Semiconductor-SP ADR 0.06% 738 $206K New
SHEL Shell PLC-ADR 0.06% 2,829 $202K New
SONY Sony Group Corp. - SP ADR 0.06% 6,966 $201K New
MFG Mizuho Financial Group-ADR 0.02% 10,414 $70K 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

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