Physician Wealth Advisors, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Physician Wealth Advisors, Inc. reported 1,895 stock positions worth $702.5 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 12.9% of the portfolio, followed by Ste STR SPDR PT S&P 500 ETF (SPYM, 4.5%) and Ishrs US E F R A ETF-Usd (DYNF, 4.2%). Compared with Q2 2025, it opened 282 new positions, sold out of 186, added to 682 and reduced 258. The biggest buy was Invesco S&P 500 Top 50 ETF (XLG, shares +117%) and the biggest sale iShares MSCI Eafe Growth ETF (EFG, shares −76%).
- Most Recent 13F
- Q2 2026
- Location
- MIDVALE, UT
- CIK
- 0001795173
- Portfolio Value
- $702.5M (Q3 2025)
- SEC Filing
- 0001795173-25-000005 ↗ filed Nov 4, 2025
Holdings Value
Holdings 1,895 stocks · $702.5M
| IVV iShares Core S&P 500 ETF | 12.91% | 135,468 | $90.7M | Add +0.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 4.50% | 403,677 | $31.6M | Add +5.6% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 4.25% | 504,353 | $29.9M | Add +25.9% |
| DFAI Dimensional International Co. | 3.92% | 757,557 | $27.5M | Add +1.7% |
| QUAL iShares MSCI USA Quality Fac | 3.69% | 133,302 | $25.9M | Reduce -13.3% |
| XLG Invesco S&P 500 Top 50 ETF | 3.29% | 401,671 | $23.1M | Add +116.5% |
| IVW iShares S&P 500 Growth ETF | 3.26% | 189,768 | $22.9M | Reduce -0.9% |
| IVE iShares S&P 500 Value ETF | 2.90% | 98,761 | $20.4M | Add +7.7% |
| AAPL Apple Inc. | 2.87% | 79,259 | $20.2M | Add +3.4% |
| EFV iShares MSCI Eafe Value ETF | 2.75% | 284,874 | $19.3M | Reduce -25.8% |
| ITOT iShares Core S&P Total U.S. | 2.72% | 131,283 | $19.1M | Reduce -4.5% |
| DFAE Dimensional Emerging Core Eq | 2.62% | 584,093 | $18.4M | Add +29.1% |
| DFAU Dimensional US Core Equity M | 2.50% | 383,323 | $17.5M | Reduce -5.8% |
| IEMG iShares Core MSCI Emerging | 2.30% | 245,621 | $16.2M | Reduce -14.3% |
| FBND Fidelity Total Bond ETF | 1.94% | 294,673 | $13.6M | Add +4.1% |
| IEFA iShares Core MSCI Eafe ETF | 1.67% | 134,094 | $11.7M | Reduce -7.5% |
| BAI Ishrs AI in and Tech Act ETF | 1.65% | 340,204 | $11.6M | Add +150.8% |
| DFAW Dimensional World Eqty ETF | 1.59% | 155,645 | $11.2M | Add +5.8% |
| NVDA Nvidia Corp. | 1.57% | 59,237 | $11.1M | Add +24.2% |
| THRO iShares U.S. Thematic Rotati | 1.52% | 281,790 | $10.7M | Add +5.1% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 1.47% | 42,197 | $10.3M | Add +6.5% |
| MSFT Microsoft Corp. | 1.32% | 17,863 | $9.3M | Add +8.7% |
| IJH iShares Core S&P Midcap ETF | 1.31% | 140,772 | $9.2M | Reduce -0.8% |
| DGRO iShares Core Dividend Growth | 1.13% | 116,736 | $7.9M | Reduce -3.0% |
| SPMO Invesco S&P 500 Momentum ETF | 1.06% | 61,722 | $7.5M | Reduce -0.9% |
| IXUS iShares Core Intl Stock ETF | 1.06% | 90,121 | $7.4M | Reduce -8.1% |
| GLDM SPDR Gold Minishares Trust | 1.05% | 96,407 | $7.4M | Add +62.6% |
| DFAC Dimensional US Core Equity 2 | 0.80% | 144,825 | $5.6M | Reduce -4.9% |
| SHLD Global X Defense Tech ETF | 0.77% | 76,539 | $5.4M | New |
| HQY Healthequity Inc. | 0.72% | 53,557 | $5.1M | Reduce -0.0% |
| DFAS Dimensional US Small Cap ETF | 0.72% | 73,875 | $5.1M | Add +15.2% |
| VCRM Vanguard Core Tax-Ex Bond | 0.71% | 66,299 | $5.0M | Add +14.4% |
| ESGU iShares ESG Aware MSCI USA | 0.69% | 33,230 | $4.8M | Add +2.9% |
| FREL Fidelity MSCI RL Est Indx | 0.67% | 169,310 | $4.7M | Reduce -3.5% |
| STIP iShares 0-5 Year Tips Bond E | 0.61% | 41,724 | $4.3M | Add +4.4% |
| VGT Vanguard Info Tech ETF | 0.53% | 4,997 | $3.7M | Add +11.1% |
| IJR iShares Core S&P Small-Cap E | 0.50% | 29,546 | $3.5M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 0.49% | 15,715 | $3.5M | Add +11.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.45% | 6,326 | $3.2M | Add +27.8% |
| LRGF iShares US Equity Factor ETF | 0.45% | 45,708 | $3.2M | Add +16.5% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.43% | 35,924 | $3.0M | Reduce -2.2% |
| VOO Vanguard S&P 500 ETF | 0.43% | 4,943 | $3.0M | Add +2.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.41% | 4,796 | $2.9M | Add +1.3% |
| TSLA Tesla Inc. | 0.39% | 6,119 | $2.7M | Reduce -0.5% |
| EFG iShares MSCI Eafe Growth ETF | 0.38% | 23,400 | $2.7M | Reduce -76.1% |
| DFUS Dimensional US Eq MKT ETF | 0.35% | 34,144 | $2.5M | Add +2.0% |
| DFAX Dimensional World Ex US Core | 0.35% | 77,808 | $2.4M | Reduce -4.2% |
| SCHD Schwab US DVD Equity ETF | 0.33% | 84,156 | $2.3M | Reduce -15.0% |
| MTUM iShares MSCI USA Momentum Fa | 0.29% | 7,828 | $2.0M | Add +0.1% |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | 0.27% | 42,581 | $1.9M | No change |
| GOOGL Alphabet Inc. Class A | 0.27% | 7,883 | $1.9M | Add +23.6% |
| COST Costco Wholesale Corp. | 0.26% | 1,952 | $1.8M | Reduce -0.1% |
| IJS iShares S&P Small-Cap 600 Va | 0.24% | 14,967 | $1.7M | Reduce -2.2% |
| UNP Union Pacific Corp. | 0.23% | 6,786 | $1.6M | Add +1.0% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.22% | 24,275 | $1.5M | Reduce -9.9% |
| EXR Extra Space Storage Inc. | 0.22% | 10,866 | $1.5M | Reduce -1.9% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.22% | 4,920 | $1.5M | Add +27.2% |
| WMT Walmart Inc. | 0.21% | 14,309 | $1.5M | Add +8.4% |
| META Meta Platforms Inc. Class A | 0.20% | 1,928 | $1.4M | Add +24.9% |
| DFSU Dimensional US Sus CORE1 ETF | 0.19% | 32,112 | $1.4M | Reduce -3.1% |
| VNQ Vanguard Real Estate ETF | 0.18% | 14,054 | $1.3M | Reduce -61.2% |
| USMV iShares MSCI USA Min Vol Fac | 0.18% | 13,379 | $1.3M | Add +1.4% |
| IWC iShares Micro-Cap ETF | 0.18% | 8,493 | $1.3M | Reduce -5.3% |
| AVGO Broadcom Inc. | 0.17% | 3,695 | $1.2M | Add +26.6% |
| GOOG Alphabet Inc. Class C | 0.17% | 4,778 | $1.2M | Add +8.4% |
| NOW ServiceNow Inc. | 0.16% | 1,221 | $1.1M | Add +6.3% |
| VLUE iShares MSCI USA Value Facto | 0.16% | 8,778 | $1.1M | Add +5.1% |
| MUB iShares National Muni Bond E | 0.15% | 10,136 | $1.1M | Add +5.8% |
| SCZ iShares MSCI Eafe Small-Cap | 0.15% | 13,906 | $1.1M | Reduce -6.3% |
| TDY Teledyne Technologies Inc. | 0.15% | 1,790 | $1.0M | Add +0.6% |
| PEP Pepsico Inc. | 0.15% | 7,283 | $1.0M | Add +3.6% |
| SUB iShares Short-Term National | 0.14% | 9,124 | $974K | Add +0.1% |
| ESGE iShares Inc. iShares ESG Awar | 0.13% | 21,132 | $918K | Add +6.3% |
| MA Mastercard Inc. Class A | 0.12% | 1,449 | $824K | Add +6.7% |
| TQQQ Proshares Ultrapro QQQ | 0.11% | 7,778 | $804K | Reduce -2.6% |
| AGG iShares Core U.S. Aggregate | 0.11% | 7,883 | $790K | Reduce -8.7% |
| ZION Zions Bancorp NA | 0.11% | 13,852 | $784K | Add +0.0% |
| CI The Cigna Group | 0.11% | 2,712 | $782K | Add +1.5% |
| PLTR Palantir Technologies Inc. Class A | 0.11% | 4,134 | $754K | Add +99.0% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.11% | 3,607 | $753K | Reduce -7.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.10% | 1,091 | $727K | Add +15.2% |
| JPM JPMorgan Chase & Co. | 0.10% | 2,296 | $724K | Add +21.8% |
| DFNM Dimensional National Muni BD | 0.10% | 14,642 | $703K | Add +73.4% |
| JNJ Johnson & Johnson | 0.10% | 3,726 | $691K | Add +22.5% |
| AMD Advanced Micro Devices | 0.10% | 4,200 | $680K | Add +34.4% |
| LLY Eli Lilly & Co. | 0.10% | 885 | $676K | Reduce -13.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.10% | 2,296 | $674K | Reduce -1.4% |
| PG The Procter & Gamble Co. | 0.10% | 4,378 | $673K | Reduce -0.8% |
| XLK SS Technology Select Sector | 0.10% | 2,380 | $671K | Add +0.1% |
| MCD McDonald's Corp. | 0.09% | 2,069 | $629K | Add +7.6% |
| DFSV Dimensional US Small Cap Val | 0.09% | 19,544 | $622K | Reduce -8.3% |
| ICSH iShares Ultra Short Duration | 0.09% | 11,939 | $606K | Reduce -2.3% |
| IXN iShares Global Tech ETF | 0.09% | 5,800 | $599K | Add +4.9% |
| DDFS Innovato Equ Du Di 15 Bu ETF | 0.08% | 28,530 | $596K | New |
| TSM Taiwan Semiconductor-SP ADR | 0.08% | 2,134 | $596K | Add +5.4% |
| SIL Global X Silver Miners ETF | 0.08% | 8,225 | $589K | Reduce -5.5% |
| VFMF Vanguard US Multifactor ETF | 0.08% | 3,877 | $559K | Reduce -3.9% |
| HD Home Depot Inc. | 0.08% | 1,352 | $548K | Add +21.0% |
| PHYS Sprott Physical Gold Trust | 0.08% | 17,939 | $531K | No change |
| USXF iShares ESG Advance MSCI USA | 0.08% | 9,251 | $530K | No change |
Other holdings (4): bonds, preferreds, convertibles and warrants · $22K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 157 | $14K | New |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 300 | $8K | No change |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 1,284 | $101 | Add +1.1% |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | 846 | $17 | Add +0.2% |
Total filed on the 13F, all lines: $702.6M.
Portfolio Sells Q2 2025 → Q3 2025
| EFG iShares MSCI Eafe Growth ETF | Reduce -76.1% | 0.38% | −1.34 |
| IYW iShares Ustechnology ETF | Reduce -96.9% | 0.04% | −1.12 |
| EFV iShares MSCI Eafe Value ETF | Reduce -25.8% | 2.75% | −1.08 |
| QUAL iShares MSCI USA Quality Fac | Reduce -13.3% | 3.69% | −0.73 |
| IEMG iShares Core MSCI Emerging | Reduce -14.3% | 2.30% | −0.40 |
| VNQ Vanguard Real Estate ETF | Reduce -61.2% | 0.18% | −0.32 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -99.4% | 0.00% | −0.28 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -7.5% | 1.67% | −0.23 |
| DFAU Dimensional US Core Equity M | Reduce -5.8% | 2.50% | −0.21 |
| ITOT iShares Core S&P Total U.S. | Reduce -4.5% | 2.72% | −0.19 |
| HQY Healthequity Inc. | Reduce -0.0% | 0.72% | −0.16 |
| IXUS iShares Core Intl Stock ETF | Reduce -8.1% | 1.06% | −0.13 |
| SCHD Schwab US DVD Equity ETF | Reduce -15.0% | 0.33% | −0.08 |
| ZSEP Innovator Edp ETF - 1 YR Sep | Sold out | 0.00% | −0.08 |
| DGRO iShares Core Dividend Growth | Reduce -3.0% | 1.13% | −0.08 |
| FREL Fidelity MSCI RL Est Indx | Reduce -3.5% | 0.67% | −0.07 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.8% | 1.31% | −0.07 |
| DFAC Dimensional US Core Equity 2 | Reduce -4.9% | 0.80% | −0.06 |
| BOND PIMCO Active Bond Exchange-T | Sold out | 0.00% | −0.06 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -2.2% | 0.43% | −0.05 |
| XJPIX Nuveen Preferred Securities | Sold out | 0.00% | −0.05 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.9% | 3.26% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -0.1% | 0.26% | −0.05 |
| SCHX Schwab US Large-Cap ETF | Reduce -51.3% | 0.04% | −0.05 |
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -9.9% | 0.22% | −0.05 |
| IDEV iShares Core MSCI Dev MKTS | Reduce -97.0% | 0.00% | −0.04 |
| EXR Extra Space Storage Inc. | Reduce -1.9% | 0.22% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -33.6% | 0.06% | −0.04 |
| SPMO Invesco S&P 500 Momentum ETF | Reduce -0.9% | 1.06% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -13.6% | 0.10% | −0.03 |
| DFAX Dimensional World Ex US Core | Reduce -4.2% | 0.35% | −0.03 |
| WFC Wells Fargo & Co. | Reduce -23.1% | 0.07% | −0.02 |
| DIHP Dimensional International Hi | Sold out | 0.00% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -64.7% | 0.01% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -8.7% | 0.11% | −0.02 |
| NUV Nuveen Municipal Value | Reduce -89.5% | 0.00% | −0.02 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -6.3% | 0.15% | −0.02 |
| ARTY iShares Future AI & Tech ETF | Reduce -71.9% | 0.01% | −0.02 |
| AOM iShares Core 40/60 Moderate | Sold out | 0.00% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.8% | 0.10% | −0.01 |
| FISV Fiserv Inc. | Reduce -17.9% | 0.02% | −0.01 |
| PSF Cohen & Steers Select Prefer | Reduce -24.9% | 0.03% | −0.01 |
| SYK Stryker Corp. | Reduce -7.8% | 0.05% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.2% | 0.50% | −0.01 |
| SCHA Schwab US Small-Cap ETF | Reduce -24.8% | 0.04% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -7.8% | 0.11% | −0.01 |
| DEHP Dimensional Emrg MRK Hi Prof | Sold out | 0.00% | −0.01 |
| V Visa Inc. Class A | Reduce -0.1% | 0.08% | −0.01 |
| ICSH iShares Ultra Short Duration | Reduce -2.3% | 0.09% | −0.01 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -42.9% | 0.01% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| XLG Invesco S&P 500 Top 50 ETF | Add +116.5% | 3.29% | +1.77 |
| BAI Ishrs AI in and Tech Act ETF | Add +150.8% | 1.65% | +1.04 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +25.9% | 4.25% | +0.82 |
| SHLD Global X Defense Tech ETF | New | 0.77% | +0.77 |
| DFAE Dimensional Emerging Core Eq | Add +29.1% | 2.62% | +0.56 |
| GLDM SPDR Gold Minishares Trust | Add +62.6% | 1.05% | +0.44 |
| AAPL Apple Inc. | Add +3.4% | 2.87% | +0.40 |
| NVDA Nvidia Corp. | Add +24.2% | 1.57% | +0.39 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +5.6% | 4.50% | +0.14 |
| GOOGL Alphabet Inc. Class A | Add +23.6% | 0.27% | +0.10 |
| IVE iShares S&P 500 Value ETF | Add +7.7% | 2.90% | +0.09 |
| DDFS Innovato Equ Du Di 15 Bu ETF | New | 0.08% | +0.08 |
| DFAS Dimensional US Small Cap ETF | Add +15.2% | 0.72% | +0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +27.8% | 0.45% | +0.08 |
| GSBD Goldman Sachs BDC Inc. | Add +21506.8% | 0.07% | +0.07 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Add +6.5% | 1.47% | +0.07 |
| PLTR Palantir Technologies Inc. Class A | Add +99.0% | 0.11% | +0.06 |
| VGT Vanguard Info Tech ETF | Add +11.1% | 0.53% | +0.06 |
| LRGF iShares US Equity Factor ETF | Add +16.5% | 0.45% | +0.05 |
| AVGO Broadcom Inc. | Add +26.6% | 0.17% | +0.05 |
| DFAW Dimensional World Eqty ETF | Add +5.8% | 1.59% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +8.4% | 0.17% | +0.04 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +27.2% | 0.22% | +0.04 |
| VCRM Vanguard Core Tax-Ex Bond | Add +14.4% | 0.71% | +0.04 |
| DFNM Dimensional National Muni BD | Add +73.4% | 0.10% | +0.04 |
| BXSL Blackstone Secured Lending F | Add +2398.7% | 0.04% | +0.03 |
| JPC Nuveen Prefered & Income Opp | New | 0.03% | +0.03 |
| MSFT Microsoft Corp. | Add +8.7% | 1.32% | +0.03 |
| AMD Advanced Micro Devices | Add +34.4% | 0.10% | +0.03 |
| JNJ Johnson & Johnson | Add +22.5% | 0.10% | +0.03 |
| META Meta Platforms Inc. Class A | Add +24.9% | 0.20% | +0.02 |
| THRO iShares U.S. Thematic Rotati | Add +5.1% | 1.52% | +0.02 |
| JEPI JPMorgan Equity Premium Inco | Add +1430.6% | 0.02% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +21.8% | 0.10% | +0.02 |
| ABBV Abbvie Inc. | Add +66.7% | 0.03% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +62.6% | 0.04% | +0.01 |
| HD Home Depot Inc. | Add +21.0% | 0.08% | +0.01 |
| INTC Intel Corp. | Add +30.2% | 0.03% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +5.4% | 0.08% | +0.01 |
| DDFL Invtr Eq D Di 15 B ETF - Jul | New | 0.01% | +0.01 |
| SO The Southern Co. | Add +281.0% | 0.02% | +0.01 |
| XOM Exxon Mobil Corp. | Add +42.7% | 0.04% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +15.2% | 0.10% | +0.01 |
| CAT Caterpillar Inc. | Add +12.7% | 0.06% | +0.01 |
| GE General Electric | Add +22.4% | 0.04% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | Add +38.4% | 0.04% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +17.4% | 0.04% | +0.01 |
| DUK Duke Energy Corp. | Add +42.0% | 0.04% | +0.01 |
| GEV GE Vernova Inc. | Add +37.8% | 0.03% | +0.01 |
| LRCX Lam Research Corp. | Add +836.4% | 0.01% | +0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | New | 157 | $14K |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Add +1.1% | 1,284 | $101 |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | Add +0.2% | 846 | $17 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,331 | $837.4M | IVV, SPYM, ACWX, DFAI, IVW |
| Q1 2026 | 2,055 | $718.5M | IVV, SPYM, ACWX, DFAI, IVE |
| Q4 2025 | 2,025 | $718.6M | IVV, SPYM, DYNF, IVE, DFAI |
| Q3 2025 | 1,895 | $702.5M | IVV, SPYM, DYNF, DFAI, QUAL |
| Q2 2025 | 1,799 | $636.8M | IVV, QUAL, SPYM, DFAI, EFV |
| Q1 2025 | 1,435 | $580.8M | IVV, SPYM, QUAL, DFAI, IVW |
| Q4 2024 | 1,147 | $591.8M | IVV, SPYM, IVW, QUAL, DFAI |
| Q3 2024 | 183 | $554.2M | IVV, SPYM, QUAL, IVW, DFAI |
| Q2 2024 | 182 | $542.7M | IVV, SPYM, IVW, ITOT, DFAI |
| Q1 2024 | 176 | $475.6M | IVV, SPYM, ITOT, DFAI, QUAL |