Portland Global Advisors LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Portland Global Advisors LLC reported 130 stock positions worth $793.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 9.0% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 5.2%) and Vanguard Short-Term Treasury (VGSH, 4.9%). Compared with Q4 2024, it opened 1 new position, sold out of 5, added to 41 and reduced 54. The biggest buy was Vanguard Short-Term Treasury (VGSH, shares +9%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, ME
- CIK
- 0001504941
- Portfolio Value
- $793.7M (Q1 2025)
- SEC Filing
- 0001504941-25-000005 ↗ filed May 7, 2025
Holdings Value
Holdings 130 stocks · $793.7M
| SPY SS SPDR S&P 500 ETF Trust-US | 9.01% | 127,851 | $71.5M | Reduce -1.8% |
| IJH iShares Core S&P Midcap ETF | 5.19% | 705,870 | $41.2M | Add +3.2% |
| VGSH Vanguard Short-Term Treasury | 4.92% | 665,744 | $39.1M | Add +9.3% |
| SPTS SS SPDR P St Term TSY ETF | 4.79% | 1,299,402 | $38.0M | Add +8.8% |
| VGIT Vanguard Intermediate-Term T | 4.69% | 626,132 | $37.2M | Add +4.7% |
| MDY State Street SPDR S&P Midcap | 4.66% | 69,301 | $37.0M | Reduce -1.1% |
| SPTI SS SPDR P Int Term TSY ETF | 4.61% | 1,281,396 | $36.6M | Add +5.0% |
| IVV iShares Core S&P 500 ETF | 4.58% | 64,638 | $36.3M | Add +1.0% |
| IEFA iShares Core MSCI Eafe ETF | 2.91% | 305,797 | $23.1M | Add +7.6% |
| VWO Vanguard Ftse Emerging Marke | 2.52% | 442,522 | $20.0M | Reduce -2.1% |
| EFA iShares MSCI Eafe ETF | 2.51% | 243,289 | $19.9M | Reduce -0.3% |
| STIP iShares 0-5 Year Tips Bond E | 2.38% | 182,440 | $18.9M | Add +1.6% |
| VTIP Vanguard Short-Term Tips | 2.33% | 369,924 | $18.5M | Add +1.5% |
| IEF iShares 7-10 Year Treasury B | 2.29% | 190,471 | $18.2M | Add +3.6% |
| GNMA iShares Gnma Bond ETF | 2.05% | 371,239 | $16.3M | Add +1.9% |
| VTI VG Morningstar TS MKT ETF-US | 1.96% | 56,576 | $15.5M | Reduce -4.0% |
| IWM iShares Russell 2000 ETF | 1.92% | 76,573 | $15.3M | Add +1.7% |
| VEA Vanguard Ftse Developed ETF | 1.92% | 299,638 | $15.2M | Add +0.0% |
| MSFT Microsoft Corp. | 1.71% | 36,172 | $13.6M | Reduce -1.4% |
| IEMG iShares Core MSCI Emerging | 1.67% | 245,150 | $13.2M | Add +0.9% |
| VSS Vanguard Ftse All Wo X-US SC | 1.64% | 112,679 | $13.0M | Add +3.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.25% | 28,084 | $9.9M | Add +4.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.19% | 38,139 | $9.5M | Reduce -1.6% |
| CHKP Check Point Software Tech | 1.14% | 39,725 | $9.1M | Reduce -2.2% |
| HUBB Hubbell Inc. | 1.11% | 26,717 | $8.8M | Reduce -0.3% |
| PANW Palo Alto Networks Inc. | 1.08% | 50,096 | $8.5M | Reduce -1.8% |
| AAPL Apple Inc. | 1.05% | 37,515 | $8.3M | Reduce -3.8% |
| ROK Rockwell Automation Inc. | 1.00% | 30,821 | $8.0M | Add +0.0% |
| EEM iShares MSCI Emerging Market | 0.98% | 177,325 | $7.7M | Reduce -3.9% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.94% | 89,238 | $7.5M | Reduce -0.5% |
| AMGN Amgen Inc. | 0.94% | 23,876 | $7.4M | Add +0.5% |
| CHD Church & Dwight Co. Inc. | 0.93% | 67,161 | $7.4M | Reduce -0.2% |
| EWJ iShares MSCI Japan ETF | 0.93% | 107,267 | $7.4M | Add +86.1% |
| FDX FedEx Corp. | 0.88% | 28,660 | $7.0M | Add +0.4% |
| TXN Texas Instruments Inc. | 0.87% | 38,334 | $6.9M | Reduce -0.1% |
| DGS Wisdomtree Em Small Cap | 0.81% | 133,716 | $6.5M | Add +3.3% |
| UL Unilever PLC | 0.81% | 107,840 | $6.4M | Add +0.7% |
| MELI MercadoLibre Inc. | 0.76% | 3,097 | $6.0M | Add +1.9% |
| NSC Norfolk Southern Corp. | 0.74% | 24,731 | $5.9M | Add +0.3% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.69% | 55,382 | $5.5M | Reduce -12.8% |
| XYL Xylem Inc. | 0.69% | 45,709 | $5.5M | Add +1.6% |
| HSY The Hershey Co. | 0.64% | 29,654 | $5.1M | Add +1.3% |
| MKC McCormick & Co.-Non VTG SHRS | 0.55% | 52,593 | $4.3M | Add +0.9% |
| FMX Fomento Economico Mex-SP ADR | 0.48% | 39,369 | $3.8M | Reduce -1.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.47% | 61,746 | $3.7M | Reduce -13.4% |
| ETN Eaton Corp. PLC | 0.45% | 13,177 | $3.6M | Add +2.7% |
| SGOV iShares 0-3 Month Treasury B | 0.40% | 31,708 | $3.2M | Reduce -3.2% |
| CB Chubb Ltd. | 0.38% | 10,043 | $3.0M | Reduce -0.9% |
| IBTH iShares Ibonds Dec 2027 Term | 0.30% | 106,655 | $2.4M | Add +10.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 4,435 | $2.4M | No change |
| IBTG iShares Ibonds Dec 2026 Term | 0.29% | 101,288 | $2.3M | Add +10.2% |
| IBTF iShares Ibonds Dec 2025 Term | 0.29% | 99,363 | $2.3M | Add +10.7% |
| GNOM Global X Genomics & Biotechn | 0.27% | 270,093 | $2.1M | Add +0.4% |
| AMZN Amazon.com Inc. | 0.27% | 11,132 | $2.1M | Reduce -27.2% |
| VOO Vanguard S&P 500 ETF | 0.25% | 3,927 | $2.0M | Add +1.2% |
| IWV iShares Russell 3000 ETF | 0.21% | 5,275 | $1.7M | No change |
| IJR iShares Core S&P Small-Cap E | 0.21% | 15,791 | $1.7M | Reduce -1.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.20% | 2 | $1.6M | No change |
| NFLX Netflix Inc. | 0.19% | 1,618 | $1.5M | Reduce -0.5% |
| BDX Becton Dickinson and Co. | 0.18% | 6,161 | $1.4M | Reduce -42.0% |
| MCD McDonald's Corp. | 0.17% | 4,395 | $1.4M | Reduce -14.8% |
| ESGD iShares Trust iShares ESG Aw | 0.17% | 16,600 | $1.4M | Reduce -11.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.16% | 4,929 | $1.3M | Reduce -2.0% |
| XOM Exxon Mobil Corp. | 0.15% | 10,211 | $1.2M | Reduce -13.7% |
| MRK Merck & Co. Inc. | 0.15% | 12,982 | $1.2M | No change |
| PG The Procter & Gamble Co. | 0.14% | 6,597 | $1.1M | Reduce -9.7% |
| SUSA iShares ESG Optimized MSCI U | 0.14% | 9,780 | $1.1M | Reduce -16.4% |
| SHEL Shell PLC-ADR | 0.14% | 15,295 | $1.1M | Reduce -21.7% |
| JNJ Johnson & Johnson | 0.14% | 6,591 | $1.1M | Reduce -13.7% |
| SHW The Sherwin-Williams Co. | 0.14% | 3,069 | $1.1M | Add +3.4% |
| JPM JPMorgan Chase & Co. | 0.12% | 3,875 | $951K | Add +3.7% |
| USB US Bancorp | 0.11% | 20,950 | $885K | Reduce -4.6% |
| IDXX Idexx Laboratories Inc. | 0.10% | 1,863 | $782K | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 0.09% | 4,825 | $746K | Reduce -4.8% |
| HON Honeywell International Inc. | 0.09% | 3,453 | $731K | No change |
| ESML iShares ESG Aware MSCI USA S | 0.08% | 16,895 | $649K | Reduce -18.3% |
| FITB Fifth Third Bancorp | 0.08% | 16,274 | $638K | No change |
| DVY iShares Select Dividend ETF | 0.08% | 4,750 | $638K | No change |
| LLY Eli Lilly & Co. | 0.08% | 744 | $614K | Add +1.6% |
| MMM 3M Co. | 0.08% | 4,064 | $597K | Reduce -13.3% |
| GOOG Alphabet Inc. Class C | 0.07% | 3,774 | $590K | Reduce -9.9% |
| OEF iShares S&P 100 ETF | 0.07% | 2,166 | $587K | No change |
| CTAS Cintas Corp. | 0.07% | 2,760 | $567K | Reduce -3.5% |
| XJH Ishare ESG SS S&P Midcap ETF | 0.07% | 13,380 | $523K | Reduce -10.7% |
| ADI Analog Devices Inc. | 0.07% | 2,565 | $517K | Reduce -36.1% |
| EMR Emerson Electric Co. | 0.06% | 4,602 | $505K | Reduce -6.0% |
| GE General Electric filed as GE AEROSPACE | 0.06% | 2,426 | $486K | No change |
| ATNI Atn International Inc. | 0.06% | 23,787 | $483K | No change |
| ESGE iShares Inc. iShares ESG Awar | 0.06% | 12,910 | $451K | No change |
| IWF iShares Russell 1000 Growth | 0.06% | 1,249 | $451K | No change |
| INTC Intel Corp. | 0.06% | 19,414 | $441K | No change |
| GIS General Mills Inc. | 0.05% | 7,204 | $431K | No change |
| IWC iShares Micro-Cap ETF | 0.05% | 3,875 | $430K | Add +0.2% |
| K Kellanova | 0.05% | 4,992 | $412K | Reduce -8.1% |
| EPI Wisdomtree India Earnings | 0.05% | 9,380 | $410K | Reduce -60.9% |
| ORCL Oracle Corp. | 0.05% | 2,875 | $402K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.05% | 2,400 | $398K | Reduce -22.0% |
| UNM Unum Group | 0.05% | 4,723 | $385K | No change |
| MATX Matson Inc. | 0.05% | 2,971 | $381K | No change |
| CSL Carlisle Cos Inc. | 0.05% | 1,075 | $366K | Reduce -10.4% |
Portfolio Sells Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.8% | 9.01% | −0.65 |
| MDY State Street SPDR S&P Midcap | Reduce -1.1% | 4.66% | −0.39 |
| HUBB Hubbell Inc. | Reduce -0.3% | 1.11% | −0.31 |
| MSFT Microsoft Corp. | Reduce -1.4% | 1.71% | −0.25 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -4.0% | 1.96% | −0.20 |
| AAPL Apple Inc. | Reduce -3.8% | 1.05% | −0.19 |
| AMZN Amazon.com Inc. | Reduce -27.2% | 0.27% | −0.16 |
| BDX Becton Dickinson and Co. | Reduce -42.0% | 0.18% | −0.13 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -12.8% | 0.69% | −0.10 |
| PANW Palo Alto Networks Inc. | Reduce -1.8% | 1.08% | −0.10 |
| EPI Wisdomtree India Earnings | Reduce -60.9% | 0.05% | −0.09 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.07 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -13.4% | 0.47% | −0.05 |
| ADI Analog Devices Inc. | Reduce -36.1% | 0.07% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -0.1% | 0.87% | −0.04 |
| SUSA iShares ESG Optimized MSCI U | Reduce -16.4% | 0.14% | −0.04 |
| ESML iShares ESG Aware MSCI USA S | Reduce -18.3% | 0.08% | −0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -4.8% | 0.09% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -9.9% | 0.07% | −0.03 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -22.0% | 0.05% | −0.03 |
| IWO iShares Russell 2000 Growth | Sold out | 0.00% | −0.03 |
| PNC PNC Financial Services Group | Sold out | 0.00% | −0.03 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −0.03 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.4% | 0.21% | −0.03 |
| VOTE TCW Transform 500 ETF | Reduce -35.7% | 0.04% | −0.02 |
| USB US Bancorp | Reduce -4.6% | 0.11% | −0.02 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -31.1% | 0.04% | −0.02 |
| MCD McDonald's Corp. | Reduce -14.8% | 0.17% | −0.02 |
| SGOV iShares 0-3 Month Treasury B | Reduce -3.2% | 0.40% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -29.7% | 0.04% | −0.01 |
| SHEL Shell PLC-ADR | Reduce -21.7% | 0.14% | −0.01 |
| XJH Ishare ESG SS S&P Midcap ETF | Reduce -10.7% | 0.07% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -9.7% | 0.14% | −0.01 |
| EMR Emerson Electric Co. | Reduce -6.0% | 0.06% | −0.01 |
| ESGD iShares Trust iShares ESG Aw | Reduce -11.7% | 0.17% | −0.01 |
| CSL Carlisle Cos Inc. | Reduce -10.4% | 0.05% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -13.7% | 0.15% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -2.0% | 0.16% | −0.01 |
| HD Home Depot Inc. | Reduce -5.8% | 0.05% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -2.4% | 0.03% | −0.00 |
| IVW iShares S&P 500 Growth ETF | Reduce -1.6% | 0.04% | −0.00 |
| K Kellanova | Reduce -8.1% | 0.05% | −0.00 |
| QCOM Qualcomm Inc. | Reduce -6.8% | 0.03% | −0.00 |
| JNJ Johnson & Johnson | Reduce -13.7% | 0.14% | −0.00 |
| MMM 3M Co. | Reduce -13.3% | 0.08% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -7.9% | 0.04% | −0.00 |
| EEM iShares MSCI Emerging Market | Reduce -3.9% | 0.98% | +0.00 |
| PM Philip Morris International | Reduce -17.8% | 0.05% | +0.00 |
| CTAS Cintas Corp. | Reduce -3.5% | 0.07% | +0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| VGSH Vanguard Short-Term Treasury | Add +9.3% | 4.92% | +0.44 |
| EWJ iShares MSCI Japan ETF | Add +86.1% | 0.93% | +0.44 |
| SPTS SS SPDR P St Term TSY ETF | Add +8.8% | 4.79% | +0.40 |
| IEFA iShares Core MSCI Eafe ETF | Add +7.6% | 2.91% | +0.39 |
| SPTI SS SPDR P Int Term TSY ETF | Add +5.0% | 4.61% | +0.31 |
| VGIT Vanguard Intermediate-Term T | Add +4.7% | 4.69% | +0.30 |
| AMGN Amgen Inc. | Add +0.5% | 0.94% | +0.15 |
| IEF iShares 7-10 Year Treasury B | Add +3.6% | 2.29% | +0.14 |
| MELI MercadoLibre Inc. | Add +1.9% | 0.76% | +0.11 |
| VEA Vanguard Ftse Developed ETF | Add +0.0% | 1.92% | +0.11 |
| VTIP Vanguard Short-Term Tips | Add +1.5% | 2.33% | +0.09 |
| STIP iShares 0-5 Year Tips Bond E | Add +1.6% | 2.38% | +0.09 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +4.2% | 1.25% | +0.08 |
| GNMA iShares Gnma Bond ETF | Add +1.9% | 2.05% | +0.07 |
| VSS Vanguard Ftse All Wo X-US SC | Add +3.6% | 1.64% | +0.07 |
| IEMG iShares Core MSCI Emerging | Add +0.9% | 1.67% | +0.06 |
| MKC McCormick & Co.-Non VTG SHRS | Add +0.9% | 0.55% | +0.04 |
| UL Unilever PLC | Add +0.7% | 0.81% | +0.04 |
| GLD SPDR Gold Shares | New | 0.03% | +0.03 |
| IBTH iShares Ibonds Dec 2027 Term | Add +10.6% | 0.30% | +0.03 |
| IBTF iShares Ibonds Dec 2025 Term | Add +10.7% | 0.29% | +0.03 |
| XYL Xylem Inc. | Add +1.6% | 0.69% | +0.03 |
| IBTG iShares Ibonds Dec 2026 Term | Add +10.2% | 0.29% | +0.03 |
| DGS Wisdomtree Em Small Cap | Add +3.3% | 0.81% | +0.01 |
| HSY The Hershey Co. | Add +1.3% | 0.64% | +0.01 |
| SHW The Sherwin-Williams Co. | Add +3.4% | 0.14% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +3.7% | 0.12% | +0.01 |
| ABT Abbott Laboratories | Add +5.2% | 0.03% | +0.01 |
| LLY Eli Lilly & Co. | Add +1.6% | 0.08% | +0.01 |
| NSC Norfolk Southern Corp. | Add +0.3% | 0.74% | +0.01 |
| V Visa Inc. Class A | Add +2.9% | 0.03% | +0.00 |
| TMO Thermo Fisher Scientific Inc. | Add +15.1% | 0.03% | +0.00 |
| IDXX Idexx Laboratories Inc. | Add +0.4% | 0.10% | +0.00 |
| IWC iShares Micro-Cap ETF | Add +0.2% | 0.05% | −0.01 |
| VOO Vanguard S&P 500 ETF | Add +1.2% | 0.25% | −0.01 |
| GNOM Global X Genomics & Biotechn | Add +0.4% | 0.27% | −0.06 |
| ETN Eaton Corp. PLC | Add +2.7% | 0.45% | −0.09 |
| ROK Rockwell Automation Inc. | Add +0.0% | 1.00% | −0.11 |
| FDX FedEx Corp. | Add +0.4% | 0.88% | −0.14 |
| IWM iShares Russell 2000 ETF | Add +1.7% | 1.92% | −0.18 |
| IVV iShares Core S&P 500 ETF | Add +1.0% | 4.58% | −0.19 |
| IJH iShares Core S&P Midcap ETF | Add +3.2% | 5.19% | −0.20 |
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 |