Portland Global Advisors LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Portland Global Advisors LLC reported 134 stock positions worth $790.2 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 9.7% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 5.4%) and State Street SPDR S&P Midcap (MDY, 5.1%). Compared with Q3 2024, it opened 5 new positions, sold out of 6, added to 40 and reduced 58. The biggest buy was iShares Gnma Bond ETF (GNMA, shares +155%) and the biggest sale an exit from Diageo PLC-Sponsored ADR (DEO).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, ME
- CIK
- 0001504941
- Portfolio Value
- $790.2M (Q4 2024)
- SEC Filing
- 0001504941-25-000001 ↗ filed Feb 12, 2025
Holdings Value
Holdings 134 stocks · $790.2M
| SPY SS SPDR S&P 500 ETF Trust-US | 9.66% | 130,254 | $76.3M | Reduce -1.8% |
| IJH iShares Core S&P Midcap ETF | 5.39% | 683,771 | $42.6M | Add +1.1% |
| MDY State Street SPDR S&P Midcap | 5.05% | 70,064 | $39.9M | Reduce -2.2% |
| IVV iShares Core S&P 500 ETF | 4.77% | 63,975 | $37.7M | Reduce -0.4% |
| VGSH Vanguard Short-Term Treasury | 4.49% | 609,187 | $35.4M | Add +14.9% |
| VGIT Vanguard Intermediate-Term T | 4.39% | 598,180 | $34.7M | Add +16.8% |
| SPTS SS SPDR P St Term TSY ETF | 4.39% | 1,194,790 | $34.7M | Add +16.3% |
| SPTI SS SPDR P Int Term TSY ETF | 4.30% | 1,219,842 | $34.0M | Add +17.4% |
| IEFA iShares Core MSCI Eafe ETF | 2.53% | 284,249 | $20.0M | Add +3.8% |
| VWO Vanguard Ftse Emerging Marke | 2.52% | 451,834 | $19.9M | Reduce -8.5% |
| EFA iShares MSCI Eafe ETF | 2.33% | 244,005 | $18.4M | Reduce -1.6% |
| STIP iShares 0-5 Year Tips Bond E | 2.29% | 179,622 | $18.1M | Add +8.6% |
| VTIP Vanguard Short-Term Tips | 2.23% | 364,373 | $17.6M | Add +8.7% |
| VTI VG Morningstar TS MKT ETF-US | 2.16% | 58,931 | $17.1M | Reduce -0.3% |
| IEF iShares 7-10 Year Treasury B | 2.15% | 183,848 | $17.0M | Add +5.3% |
| IWM iShares Russell 2000 ETF | 2.11% | 75,311 | $16.6M | Add +0.5% |
| GNMA iShares Gnma Bond ETF | 1.98% | 364,378 | $15.6M | Add +154.9% |
| MSFT Microsoft Corp. | 1.96% | 36,670 | $15.5M | Add +0.4% |
| VEA Vanguard Ftse Developed ETF | 1.81% | 299,599 | $14.3M | Reduce -0.2% |
| IEMG iShares Core MSCI Emerging | 1.60% | 242,881 | $12.7M | Add +5.6% |
| VSS Vanguard Ftse All Wo X-US SC | 1.57% | 108,720 | $12.4M | Add +4.6% |
| HUBB Hubbell Inc. | 1.42% | 26,796 | $11.2M | Reduce -3.7% |
| AAPL Apple Inc. | 1.24% | 38,983 | $9.8M | Reduce -4.6% |
| PANW Palo Alto Networks Inc. | 1.17% | 50,989 | $9.3M | Reduce -1.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.17% | 26,951 | $9.2M | Reduce -0.3% |
| ROK Rockwell Automation Inc. | 1.11% | 30,818 | $8.8M | Reduce -0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.08% | 38,761 | $8.5M | Reduce -1.0% |
| FDX FedEx Corp. | 1.02% | 28,541 | $8.0M | Reduce -0.9% |
| EEM iShares MSCI Emerging Market | 0.98% | 184,422 | $7.7M | Reduce -9.5% |
| CHKP Check Point Software Tech | 0.96% | 40,606 | $7.6M | Add +0.2% |
| TXN Texas Instruments Inc. | 0.91% | 38,361 | $7.2M | Reduce -0.7% |
| CHD Church & Dwight Co. Inc. | 0.89% | 67,324 | $7.0M | Reduce -0.2% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.87% | 89,642 | $6.9M | Reduce -1.7% |
| DGS Wisdomtree Em Small Cap | 0.80% | 129,427 | $6.3M | Add +2.6% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.80% | 63,487 | $6.3M | Reduce -43.0% |
| AMGN Amgen Inc. | 0.78% | 23,755 | $6.2M | Add +0.9% |
| UL Unilever PLC | 0.77% | 107,066 | $6.1M | Add +1.1% |
| NSC Norfolk Southern Corp. | 0.73% | 24,667 | $5.8M | Reduce -0.7% |
| XYL Xylem Inc. | 0.66% | 44,979 | $5.2M | Add +0.9% |
| MELI MercadoLibre Inc. | 0.65% | 3,040 | $5.2M | Add +2.4% |
| HSY The Hershey Co. | 0.63% | 29,275 | $5.0M | Add +0.9% |
| ETN Eaton Corp. PLC | 0.54% | 12,830 | $4.3M | Add +0.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.52% | 71,273 | $4.1M | No change |
| MKC McCormick & Co.-Non VTG SHRS | 0.50% | 52,139 | $4.0M | Add +0.7% |
| EWJ iShares MSCI Japan ETF | 0.49% | 57,633 | $3.9M | Add +1.8% |
| FMX Fomento Economico Mex-SP ADR | 0.43% | 39,762 | $3.4M | Reduce -12.6% |
| AMZN Amazon.com Inc. | 0.42% | 15,285 | $3.4M | Reduce -0.3% |
| SGOV iShares 0-3 Month Treasury B | 0.42% | 32,771 | $3.3M | Reduce -44.4% |
| CB Chubb Ltd. | 0.35% | 10,137 | $2.8M | Reduce -0.7% |
| GNOM Global X Genomics & Biotechn | 0.33% | 268,988 | $2.6M | Add +3.6% |
| BDX Becton Dickinson and Co. | 0.30% | 10,621 | $2.4M | Reduce -20.9% |
| IBTH iShares Ibonds Dec 2027 Term | 0.27% | 96,425 | $2.1M | New |
| IBTG iShares Ibonds Dec 2026 Term | 0.27% | 91,933 | $2.1M | Add +15.8% |
| IBTF iShares Ibonds Dec 2025 Term | 0.26% | 89,781 | $2.1M | Add +16.0% |
| VOO Vanguard S&P 500 ETF | 0.26% | 3,880 | $2.1M | Add +1.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.25% | 4,435 | $2.0M | Add +0.1% |
| IJR iShares Core S&P Small-Cap E | 0.23% | 16,021 | $1.8M | Reduce -3.1% |
| IWV iShares Russell 3000 ETF | 0.22% | 5,275 | $1.8M | Reduce -0.4% |
| MCD McDonald's Corp. | 0.19% | 5,158 | $1.5M | Reduce -12.8% |
| NFLX Netflix Inc. | 0.18% | 1,626 | $1.4M | Add +0.3% |
| ESGD iShares Trust iShares ESG Aw | 0.18% | 18,800 | $1.4M | Reduce -0.2% |
| SUSA iShares ESG Optimized MSCI U | 0.18% | 11,700 | $1.4M | Reduce -0.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.17% | 2 | $1.4M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.17% | 5,029 | $1.3M | Reduce -1.8% |
| MRK Merck & Co. Inc. | 0.16% | 12,982 | $1.3M | Reduce -9.8% |
| XOM Exxon Mobil Corp. | 0.16% | 11,832 | $1.3M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.15% | 7,303 | $1.2M | Reduce -9.0% |
| SHEL Shell PLC-ADR | 0.15% | 19,535 | $1.2M | Reduce -12.3% |
| JNJ Johnson & Johnson | 0.14% | 7,635 | $1.1M | Reduce -1.7% |
| EPI Wisdomtree India Earnings | 0.14% | 23,980 | $1.1M | Reduce -3.9% |
| USB US Bancorp | 0.13% | 21,962 | $1.1M | No change |
| SHW The Sherwin-Williams Co. | 0.13% | 2,969 | $1.0M | No change |
| GOOGL Alphabet Inc. Class A | 0.12% | 5,071 | $960K | Add +1.5% |
| JPM JPMorgan Chase & Co. | 0.11% | 3,738 | $896K | Add +0.3% |
| ESML iShares ESG Aware MSCI USA S | 0.11% | 20,690 | $870K | No change |
| ADI Analog Devices Inc. | 0.11% | 4,014 | $853K | Add +1.3% |
| GOOG Alphabet Inc. Class C | 0.10% | 4,189 | $798K | Add +2.1% |
| HON Honeywell International Inc. | 0.10% | 3,453 | $780K | Reduce -0.5% |
| IDXX Idexx Laboratories Inc. | 0.10% | 1,856 | $767K | Reduce -0.1% |
| FITB Fifth Third Bancorp | 0.09% | 16,274 | $688K | Reduce -4.0% |
| XJH Ishare ESG SS S&P Midcap ETF | 0.08% | 14,980 | $627K | Reduce -0.4% |
| OEF iShares S&P 100 ETF | 0.08% | 2,166 | $626K | Reduce -1.1% |
| DVY iShares Select Dividend ETF | 0.08% | 4,750 | $624K | Reduce -1.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.08% | 3,078 | $608K | Reduce -2.4% |
| EMR Emerson Electric Co. | 0.08% | 4,895 | $607K | No change |
| MMM 3M Co. | 0.08% | 4,686 | $605K | Reduce -4.9% |
| LLY Eli Lilly & Co. | 0.07% | 732 | $565K | Add +0.6% |
| VYM Vanguard High DVD Yield ETF | 0.07% | 4,099 | $523K | No change |
| CTAS Cintas Corp. | 0.07% | 2,860 | $523K | No change |
| IWC iShares Micro-Cap ETF | 0.06% | 3,867 | $504K | Reduce -2.4% |
| IWF iShares Russell 1000 Growth | 0.06% | 1,249 | $502K | Reduce -0.6% |
| VOTE TCW Transform 500 ETF | 0.06% | 7,270 | $500K | No change |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.06% | 8,745 | $485K | Reduce -0.0% |
| ORCL Oracle Corp. | 0.06% | 2,875 | $479K | Reduce -3.4% |
| GIS General Mills Inc. | 0.06% | 7,204 | $459K | Reduce -0.4% |
| CSL Carlisle Cos Inc. | 0.06% | 1,200 | $443K | No change |
| K Kellanova | 0.06% | 5,430 | $440K | No change |
| ESGE iShares Inc. iShares ESG Awar | 0.05% | 12,910 | $431K | Reduce -0.8% |
| HD Home Depot Inc. | 0.05% | 1,055 | $410K | Add +1.4% |
| GE General Electric filed as GE AEROSPACE | 0.05% | 2,426 | $405K | Reduce -14.2% |
Portfolio Sells Q3 2024 → Q4 2024
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.69 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -43.0% | 0.80% | −0.60 |
| VWO Vanguard Ftse Emerging Marke | Reduce -8.5% | 2.52% | −0.45 |
| SGOV iShares 0-3 Month Treasury B | Reduce -44.4% | 0.42% | −0.33 |
| EFA iShares MSCI Eafe ETF | Reduce -1.6% | 2.33% | −0.27 |
| IBTE iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.22 |
| EEM iShares MSCI Emerging Market | Reduce -9.5% | 0.98% | −0.20 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.2% | 1.81% | −0.18 |
| FMX Fomento Economico Mex-SP ADR | Reduce -12.6% | 0.43% | −0.13 |
| BDX Becton Dickinson and Co. | Reduce -20.9% | 0.30% | −0.10 |
| TXN Texas Instruments Inc. | Reduce -0.7% | 0.91% | −0.09 |
| TEVOGEN BIO HLDGS INC | Sold out | 0.00% | −0.09 |
| MDY State Street SPDR S&P Midcap | Reduce -2.2% | 5.05% | −0.08 |
| HUBB Hubbell Inc. | Reduce -3.7% | 1.42% | −0.08 |
| NSC Norfolk Southern Corp. | Reduce -0.7% | 0.73% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -9.8% | 0.16% | −0.04 |
| MCD McDonald's Corp. | Reduce -12.8% | 0.19% | −0.04 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Sold out | 0.00% | −0.03 |
| SHEL Shell PLC-ADR | Reduce -12.3% | 0.15% | −0.03 |
| FNLC First Bancorp Inc. | Sold out | 0.00% | −0.03 |
| EWX State Street SPDR S&P Emergi | Sold out | 0.00% | −0.03 |
| EPI Wisdomtree India Earnings | Reduce -3.9% | 0.14% | −0.02 |
| IDXX Idexx Laboratories Inc. | Reduce -0.1% | 0.10% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -9.0% | 0.15% | −0.02 |
| JNJ Johnson & Johnson | Reduce -1.7% | 0.14% | −0.02 |
| ESGD iShares Trust iShares ESG Aw | Reduce -0.2% | 0.18% | −0.02 |
| GE General Electric | Reduce -14.2% | 0.05% | −0.02 |
| CB Chubb Ltd. | Reduce -0.7% | 0.35% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -3.1% | 0.23% | −0.01 |
| IBM Intl Business Machines Corp. | Reduce -1.0% | 1.08% | −0.01 |
| GIS General Mills Inc. | Reduce -0.4% | 0.06% | −0.01 |
| UNM Unum Group | Reduce -32.5% | 0.04% | −0.01 |
| MMM 3M Co. | Reduce -4.9% | 0.08% | −0.01 |
| INTC Intel Corp. | Reduce -0.0% | 0.05% | −0.01 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -0.0% | 0.06% | −0.01 |
| WAT Waters Corp. | Reduce -19.0% | 0.03% | −0.01 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -0.8% | 0.05% | −0.01 |
| DOV Dover Corp. | Reduce -10.2% | 0.04% | −0.00 |
| FITB Fifth Third Bancorp | Reduce -4.0% | 0.09% | −0.00 |
| ORCL Oracle Corp. | Reduce -3.4% | 0.06% | −0.00 |
| DVY iShares Select Dividend ETF | Reduce -1.1% | 0.08% | −0.00 |
| IVW iShares S&P 500 Growth ETF | Reduce -9.9% | 0.04% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.8% | 0.17% | −0.00 |
| XJH Ishare ESG SS S&P Midcap ETF | Reduce -0.4% | 0.08% | −0.00 |
| JUST Goldman Sachs Just US LRG | Reduce -1.2% | 0.04% | +0.00 |
| SONY Sony Group Corp. - SP ADR | Reduce -6.8% | 0.04% | +0.00 |
| IWC iShares Micro-Cap ETF | Reduce -2.4% | 0.06% | +0.00 |
| SUSA iShares ESG Optimized MSCI U | Reduce -0.2% | 0.18% | +0.00 |
| OEF iShares S&P 100 ETF | Reduce -1.1% | 0.08% | +0.00 |
| IWF iShares Russell 1000 Growth | Reduce -0.6% | 0.06% | +0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| GNMA iShares Gnma Bond ETF | Add +154.9% | 1.98% | +1.17 |
| SPTS SS SPDR P St Term TSY ETF | Add +16.3% | 4.39% | +0.59 |
| VGSH Vanguard Short-Term Treasury | Add +14.9% | 4.49% | +0.55 |
| SPTI SS SPDR P Int Term TSY ETF | Add +17.4% | 4.30% | +0.51 |
| VGIT Vanguard Intermediate-Term T | Add +16.8% | 4.39% | +0.50 |
| IBTH iShares Ibonds Dec 2027 Term | New | 0.27% | +0.27 |
| STIP iShares 0-5 Year Tips Bond E | Add +8.6% | 2.29% | +0.18 |
| VTIP Vanguard Short-Term Tips | Add +8.7% | 2.23% | +0.16 |
| IJH iShares Core S&P Midcap ETF | Add +1.1% | 5.39% | +0.10 |
| NFLX Netflix Inc. | Add +0.3% | 0.18% | +0.04 |
| IBTF iShares Ibonds Dec 2025 Term | Add +16.0% | 0.26% | +0.04 |
| IBTG iShares Ibonds Dec 2026 Term | Add +15.8% | 0.27% | +0.04 |
| GEV GE Vernova Inc. | New | 0.03% | +0.03 |
| V Visa Inc. Class A | New | 0.03% | +0.03 |
| PNC PNC Financial Services Group | New | 0.03% | +0.03 |
| TJX TJX Companies Inc. | New | 0.03% | +0.03 |
| IWM iShares Russell 2000 ETF | Add +0.5% | 2.11% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +1.5% | 0.12% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +2.1% | 0.10% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +0.3% | 0.11% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +1.5% | 0.26% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +7.2% | 0.04% | +0.01 |
| ETN Eaton Corp. PLC | Add +0.0% | 0.54% | +0.00 |
| COST Costco Wholesale Corp. | Add +0.2% | 0.05% | +0.00 |
| HD Home Depot Inc. | Add +1.4% | 0.05% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 0.25% | −0.00 |
| QCOM Qualcomm Inc. | Add +1.8% | 0.03% | −0.00 |
| IEF iShares 7-10 Year Treasury B | Add +5.3% | 2.15% | −0.00 |
| ADI Analog Devices Inc. | Add +1.3% | 0.11% | −0.01 |
| LLY Eli Lilly & Co. | Add +0.6% | 0.07% | −0.01 |
| XOM Exxon Mobil Corp. | Add +0.1% | 0.16% | −0.01 |
| EWJ iShares MSCI Japan ETF | Add +1.8% | 0.49% | −0.02 |
| MSFT Microsoft Corp. | Add +0.4% | 1.96% | −0.02 |
| CHKP Check Point Software Tech | Add +0.2% | 0.96% | −0.02 |
| MKC McCormick & Co.-Non VTG SHRS | Add +0.7% | 0.50% | −0.03 |
| GNOM Global X Genomics & Biotechn | Add +3.6% | 0.33% | −0.04 |
| DGS Wisdomtree Em Small Cap | Add +2.6% | 0.80% | −0.05 |
| IEMG iShares Core MSCI Emerging | Add +5.6% | 1.60% | −0.05 |
| VSS Vanguard Ftse All Wo X-US SC | Add +4.6% | 1.57% | −0.07 |
| HSY The Hershey Co. | Add +0.9% | 0.63% | −0.07 |
| XYL Xylem Inc. | Add +0.9% | 0.66% | −0.10 |
| UL Unilever PLC | Add +1.1% | 0.77% | −0.10 |
| MELI MercadoLibre Inc. | Add +2.4% | 0.65% | −0.11 |
| IEFA iShares Core MSCI Eafe ETF | Add +3.8% | 2.53% | −0.16 |
| AMGN Amgen Inc. | Add +0.9% | 0.78% | −0.17 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 154 | $1.1B | SPY, IJH, IVV, MDY, SPTS |
| Q1 2026 | 146 | $938.1M | SPY, IJH, SPTS, VGSH, IVV |
| Q4 2025 | 150 | $931.7M | SPY, IJH, SPTS, VGSH, IVV |
| Q3 2025 | 146 | $895.6M | SPY, IJH, VGSH, IVV, SPTS |
| Q2 2025 | 140 | $849.4M | SPY, IJH, VGSH, SPTS, IVV |
| Q1 2025 | 130 | $793.7M | SPY, IJH, VGSH, SPTS, VGIT |
| Q4 2024 | 134 | $790.2M | SPY, IJH, MDY, IVV, VGSH |
| Q3 2024 | 135 | $795.5M | SPY, IJH, MDY, IVV, VGSH |
| Q2 2024 | 130 | $737.0M | SPY, MDY, IJH, IVV, VGIT |
| Q1 2024 | 134 | $733.6M | SPY, MDY, IJH, IVV, VGIT |