Portland Global Advisors LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Portland Global Advisors LLC reported 140 stock positions worth $849.4 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 9.2% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 5.2%) and Vanguard Short-Term Treasury (VGSH, 4.9%). Compared with Q1 2025, it opened 11 new positions, sold out of 1, added to 59 and reduced 49. The biggest buy was iShares MSCI Japan ETF (EWJ, shares +29%) and the biggest sale iShares Russell 2000 ETF (IWM, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, ME
- CIK
- 0001504941
- Portfolio Value
- $849.4M (Q2 2025)
- SEC Filing
- 0001504941-25-000006 ↗ filed Aug 13, 2025
Holdings Value
Holdings 140 stocks · $849.4M
| SPY SS SPDR S&P 500 ETF Trust-US | 9.23% | 126,859 | $78.4M | Reduce -0.8% |
| IJH iShares Core S&P Midcap ETF | 5.17% | 707,403 | $43.9M | Add +0.2% |
| VGSH Vanguard Short-Term Treasury | 4.88% | 705,265 | $41.5M | Add +5.9% |
| SPTS SS SPDR P St Term TSY ETF | 4.76% | 1,380,951 | $40.4M | Add +6.3% |
| IVV iShares Core S&P 500 ETF | 4.65% | 63,649 | $39.5M | Reduce -1.5% |
| MDY State Street SPDR S&P Midcap | 4.55% | 68,185 | $38.6M | Reduce -1.6% |
| VGIT Vanguard Intermediate-Term T | 4.38% | 621,862 | $37.2M | Reduce -0.7% |
| SPTI SS SPDR P Int Term TSY ETF | 4.32% | 1,274,693 | $36.7M | Reduce -0.5% |
| IEFA iShares Core MSCI Eafe ETF | 3.13% | 318,081 | $26.6M | Add +4.0% |
| VWO Vanguard Ftse Emerging Marke | 2.58% | 442,935 | $21.9M | Add +0.1% |
| EFA iShares MSCI Eafe ETF | 2.53% | 240,528 | $21.5M | Reduce -1.1% |
| STIP iShares 0-5 Year Tips Bond E | 2.12% | 174,789 | $18.0M | Reduce -4.2% |
| VTIP Vanguard Short-Term Tips | 2.10% | 354,172 | $17.8M | Reduce -4.3% |
| MSFT Microsoft Corp. | 2.09% | 35,739 | $17.8M | Reduce -1.2% |
| IEF iShares 7-10 Year Treasury B | 2.06% | 182,558 | $17.5M | Reduce -4.2% |
| VEA Vanguard Ftse Developed ETF | 2.02% | 301,480 | $17.2M | Add +0.6% |
| VTI VG Morningstar TS MKT ETF-US | 2.02% | 56,458 | $17.2M | Reduce -0.2% |
| VSS Vanguard Ftse All Wo X-US SC | 1.87% | 117,911 | $15.8M | Add +4.6% |
| GNMA iShares Gnma Bond ETF | 1.86% | 360,352 | $15.8M | Reduce -2.9% |
| IEMG iShares Core MSCI Emerging | 1.75% | 246,971 | $14.8M | Add +0.7% |
| IWM iShares Russell 2000 ETF | 1.60% | 62,968 | $13.6M | Reduce -17.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.43% | 23,830 | $12.1M | Reduce -15.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.29% | 37,313 | $11.0M | Reduce -2.2% |
| HUBB Hubbell Inc. | 1.24% | 25,744 | $10.5M | Reduce -3.6% |
| EWJ iShares MSCI Japan ETF | 1.22% | 138,081 | $10.4M | Add +28.7% |
| ROK Rockwell Automation Inc. | 1.17% | 29,959 | $10.0M | Reduce -2.8% |
| PANW Palo Alto Networks Inc. | 1.17% | 48,528 | $9.9M | Reduce -3.1% |
| EEM iShares MSCI Emerging Market | 1.02% | 180,047 | $8.7M | Add +1.5% |
| CHKP Check Point Software Tech | 1.00% | 38,446 | $8.5M | Reduce -3.2% |
| MELI MercadoLibre Inc. | 0.94% | 3,055 | $8.0M | Reduce -1.4% |
| TXN Texas Instruments Inc. | 0.93% | 38,018 | $7.9M | Reduce -0.8% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.93% | 86,623 | $7.9M | Reduce -2.9% |
| DGS Wisdomtree Em Small Cap | 0.90% | 138,045 | $7.6M | Add +3.2% |
| AAPL Apple Inc. | 0.83% | 34,563 | $7.1M | Reduce -7.9% |
| AMGN Amgen Inc. | 0.78% | 23,778 | $6.6M | Reduce -0.4% |
| FDX FedEx Corp. | 0.78% | 29,005 | $6.6M | Add +1.2% |
| CHD Church & Dwight Co. Inc. | 0.77% | 68,211 | $6.6M | Add +1.6% |
| UL Unilever PLC | 0.76% | 105,683 | $6.5M | Reduce -2.0% |
| NSC Norfolk Southern Corp. | 0.74% | 24,397 | $6.2M | Reduce -1.4% |
| XYL Xylem Inc. | 0.70% | 46,179 | $6.0M | Add +1.0% |
| HSY The Hershey Co. | 0.58% | 29,578 | $4.9M | Reduce -0.3% |
| ETN Eaton Corp. PLC | 0.55% | 13,165 | $4.7M | Reduce -0.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.51% | 64,290 | $4.3M | Add +4.1% |
| MKC McCormick & Co.-Non VTG SHRS | 0.48% | 53,418 | $4.1M | Add +1.6% |
| FMX Fomento Economico Mex-SP ADR | 0.47% | 38,414 | $4.0M | Reduce -2.4% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.46% | 39,662 | $3.9M | Reduce -28.4% |
| SGOV iShares 0-3 Month Treasury B | 0.40% | 33,665 | $3.4M | Add +6.2% |
| CB Chubb Ltd. | 0.34% | 9,917 | $2.9M | Reduce -1.3% |
| IBTH iShares Ibonds Dec 2027 Term | 0.30% | 114,149 | $2.6M | Add +7.0% |
| IBTG iShares Ibonds Dec 2026 Term | 0.30% | 110,055 | $2.5M | Add +8.7% |
| IBTF iShares Ibonds Dec 2025 Term | 0.29% | 105,636 | $2.5M | Add +6.3% |
| AMZN Amazon.com Inc. | 0.29% | 11,124 | $2.4M | Reduce -0.1% |
| VOO Vanguard S&P 500 ETF | 0.28% | 4,185 | $2.4M | Add +6.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.26% | 4,516 | $2.2M | Add +1.8% |
| NFLX Netflix Inc. | 0.25% | 1,594 | $2.1M | Reduce -1.5% |
| IDNA iShares Gen-Immunology HLTH | 0.25% | 102,323 | $2.1M | New |
| IWV iShares Russell 3000 ETF | 0.22% | 5,275 | $1.9M | No change |
| IJR iShares Core S&P Small-Cap E | 0.18% | 13,874 | $1.5M | Reduce -12.1% |
| JPM JPMorgan Chase & Co. | 0.18% | 5,201 | $1.5M | Add +34.2% |
| ESGD iShares Trust iShares ESG Aw | 0.18% | 16,830 | $1.5M | Add +1.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.17% | 2 | $1.5M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.16% | 4,939 | $1.4M | Add +0.2% |
| IWF iShares Russell 1000 Growth | 0.16% | 3,215 | $1.4M | Add +157.4% |
| MCD McDonald's Corp. | 0.15% | 4,445 | $1.3M | Add +1.1% |
| SUSA iShares ESG Optimized MSCI U | 0.14% | 9,680 | $1.2M | Reduce -1.0% |
| XOM Exxon Mobil Corp. | 0.13% | 10,356 | $1.1M | Add +1.4% |
| PG The Procter & Gamble Co. | 0.13% | 6,964 | $1.1M | Add +5.6% |
| SHW The Sherwin-Williams Co. | 0.13% | 3,160 | $1.1M | Add +3.0% |
| JNJ Johnson & Johnson | 0.12% | 6,727 | $1.0M | Add +2.1% |
| IDXX Idexx Laboratories Inc. | 0.12% | 1,915 | $1.0M | Add +2.8% |
| MRK Merck & Co. Inc. | 0.12% | 12,921 | $1.0M | Reduce -0.5% |
| USB US Bancorp | 0.11% | 20,950 | $948K | No change |
| GOOGL Alphabet Inc. Class A | 0.11% | 5,121 | $902K | Add +6.1% |
| SHEL Shell PLC-ADR | 0.10% | 11,670 | $822K | Reduce -23.7% |
| IWB iShares Russell 1000 ETF | 0.08% | 2,117 | $719K | New |
| ESML iShares ESG Aware MSCI USA S | 0.08% | 17,050 | $705K | Add +0.9% |
| MRSH Marsh & McLennan Cos | 0.08% | 3,165 | $692K | New |
| HON Honeywell International Inc. | 0.08% | 2,938 | $684K | Reduce -14.9% |
| FITB Fifth Third Bancorp | 0.08% | 16,274 | $669K | No change |
| OEF iShares S&P 100 ETF | 0.08% | 2,147 | $653K | Reduce -0.9% |
| ADI Analog Devices Inc. | 0.08% | 2,738 | $652K | Add +6.7% |
| ORCL Oracle Corp. | 0.08% | 2,947 | $644K | Add +2.5% |
| DVY iShares Select Dividend ETF | 0.07% | 4,750 | $631K | No change |
| GE General Electric filed as GE AEROSPACE | 0.07% | 2,433 | $626K | Add +0.3% |
| MMM 3M Co. | 0.07% | 4,100 | $624K | Add +0.9% |
| CTAS Cintas Corp. | 0.07% | 2,796 | $623K | Add +1.3% |
| EMR Emerson Electric Co. | 0.07% | 4,592 | $612K | Reduce -0.2% |
| HD Home Depot Inc. | 0.07% | 1,647 | $604K | Add +65.7% |
| XJH Ishare ESG SS S&P Midcap ETF | 0.07% | 14,335 | $595K | Add +7.1% |
| LLY Eli Lilly & Co. | 0.07% | 750 | $585K | Add +0.8% |
| GOOG Alphabet Inc. Class C | 0.07% | 3,276 | $581K | Reduce -13.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.06% | 2,400 | $544K | No change |
| ESGE iShares Inc. iShares ESG Awar | 0.06% | 13,275 | $520K | Add +2.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.06% | 2,699 | $477K | Add +79.9% |
| BDX Becton Dickinson and Co. | 0.05% | 2,659 | $458K | Reduce -56.8% |
| INTC Intel Corp. | 0.05% | 19,622 | $440K | Add +1.1% |
| JUST Goldman Sachs Just US LRG | 0.05% | 4,880 | $429K | Add +17.0% |
| PM Philip Morris International | 0.05% | 2,305 | $420K | Add +1.8% |
| EPI Wisdomtree India Earnings | 0.05% | 8,555 | $406K | Reduce -8.8% |
| CSL Carlisle Cos Inc. | 0.05% | 1,075 | $401K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| IWM iShares Russell 2000 ETF | Reduce -17.8% | 1.60% | −0.32 |
| VGIT Vanguard Intermediate-Term T | Reduce -0.7% | 4.38% | −0.31 |
| SPTI SS SPDR P Int Term TSY ETF | Reduce -0.5% | 4.32% | −0.30 |
| GNOM Global X Genomics & Biotechn | Sold out | 0.00% | −0.27 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -4.2% | 2.12% | −0.26 |
| IEF iShares 7-10 Year Treasury B | Reduce -4.2% | 2.06% | −0.23 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -28.4% | 0.46% | −0.23 |
| VTIP Vanguard Short-Term Tips | Reduce -4.3% | 2.10% | −0.23 |
| AAPL Apple Inc. | Reduce -7.9% | 0.83% | −0.21 |
| GNMA iShares Gnma Bond ETF | Reduce -2.9% | 1.86% | −0.19 |
| AMGN Amgen Inc. | Reduce -0.4% | 0.78% | −0.16 |
| CHKP Check Point Software Tech | Reduce -3.2% | 1.00% | −0.14 |
| BDX Becton Dickinson and Co. | Reduce -56.8% | 0.05% | −0.12 |
| MDY State Street SPDR S&P Midcap | Reduce -1.6% | 4.55% | −0.11 |
| HSY The Hershey Co. | Reduce -0.3% | 0.58% | −0.06 |
| UL Unilever PLC | Reduce -2.0% | 0.76% | −0.05 |
| SHEL Shell PLC-ADR | Reduce -23.7% | 0.10% | −0.04 |
| CB Chubb Ltd. | Reduce -1.3% | 0.34% | −0.04 |
| IJR iShares Core S&P Small-Cap E | Reduce -12.1% | 0.18% | −0.03 |
| IWC iShares Micro-Cap ETF | Reduce -54.3% | 0.03% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -0.5% | 0.12% | −0.03 |
| FMX Fomento Economico Mex-SP ADR | Reduce -2.4% | 0.47% | −0.02 |
| BNY Bank of New York Mellon Corp. | Reduce -2.9% | 0.93% | −0.01 |
| HON Honeywell International Inc. | Reduce -14.9% | 0.08% | −0.01 |
| SONY Sony Group Corp. - SP ADR | Reduce -20.1% | 0.03% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -14.9% | 0.02% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -13.2% | 0.07% | −0.01 |
| EPI Wisdomtree India Earnings | Reduce -8.8% | 0.05% | −0.00 |
| NSC Norfolk Southern Corp. | Reduce -1.4% | 0.74% | −0.00 |
| QCOM Qualcomm Inc. | Reduce -2.2% | 0.03% | −0.00 |
| VOTE TCW Transform 500 ETF | Reduce -3.7% | 0.04% | 0.00 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -3.7% | 0.04% | +0.00 |
| SUSA iShares ESG Optimized MSCI U | Reduce -1.0% | 0.14% | +0.00 |
| OEF iShares S&P 100 ETF | Reduce -0.9% | 0.08% | +0.00 |
| EMR Emerson Electric Co. | Reduce -0.2% | 0.07% | +0.01 |
| AMZN Amazon.com Inc. | Reduce -0.1% | 0.29% | +0.02 |
| EFA iShares MSCI Eafe ETF | Reduce -1.1% | 2.53% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.2% | 2.02% | +0.06 |
| NFLX Netflix Inc. | Reduce -1.5% | 0.25% | +0.06 |
| TXN Texas Instruments Inc. | Reduce -0.8% | 0.93% | +0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -1.5% | 4.65% | +0.08 |
| PANW Palo Alto Networks Inc. | Reduce -3.1% | 1.17% | +0.09 |
| IBM Intl Business Machines Corp. | Reduce -2.2% | 1.29% | +0.10 |
| ETN Eaton Corp. PLC | Reduce -0.1% | 0.55% | +0.10 |
| HUBB Hubbell Inc. | Reduce -3.6% | 1.24% | +0.12 |
| ROK Rockwell Automation Inc. | Reduce -2.8% | 1.17% | +0.17 |
| MELI MercadoLibre Inc. | Reduce -1.4% | 0.94% | +0.18 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -15.2% | 1.43% | +0.18 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.8% | 9.23% | +0.22 |
| MSFT Microsoft Corp. | Reduce -1.2% | 2.09% | +0.38 |
Portfolio Buys Q1 2025 → Q2 2025
| EWJ iShares MSCI Japan ETF | Add +28.7% | 1.22% | +0.29 |
| IDNA iShares Gen-Immunology HLTH | New | 0.25% | +0.25 |
| VSS Vanguard Ftse All Wo X-US SC | Add +4.6% | 1.87% | +0.22 |
| IEFA iShares Core MSCI Eafe ETF | Add +4.0% | 3.13% | +0.21 |
| VEA Vanguard Ftse Developed ETF | Add +0.6% | 2.02% | +0.10 |
| IWF iShares Russell 1000 Growth | Add +157.4% | 0.16% | +0.10 |
| IWB iShares Russell 1000 ETF | New | 0.08% | +0.08 |
| DGS Wisdomtree Em Small Cap | Add +3.2% | 0.90% | +0.08 |
| MRSH Marsh & McLennan Cos | New | 0.08% | +0.08 |
| IEMG iShares Core MSCI Emerging | Add +0.7% | 1.75% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +34.2% | 0.18% | +0.06 |
| VWO Vanguard Ftse Emerging Marke | Add +0.1% | 2.58% | +0.06 |
| EEM iShares MSCI Emerging Market | Add +1.5% | 1.02% | +0.05 |
| IWD iShares Russell 1000 Value E | New | 0.04% | +0.04 |
| VEU Vanguard Ftse All-World Ex-U | Add +4.1% | 0.51% | +0.04 |
| MA Mastercard Inc. Class A | New | 0.04% | +0.04 |
| TJX TJX Companies Inc. | New | 0.03% | +0.03 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.03% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +6.6% | 0.28% | +0.03 |
| AXP American Express Co. | New | 0.03% | +0.03 |
| HD Home Depot Inc. | Add +65.7% | 0.07% | +0.03 |
| ORCL Oracle Corp. | Add +2.5% | 0.08% | +0.03 |
| UNP Union Pacific Corp. | New | 0.02% | +0.02 |
| WMT Walmart Inc. | New | 0.02% | +0.02 |
| EWX State Street SPDR S&P Emergi | New | 0.02% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +79.9% | 0.06% | +0.02 |
| IDXX Idexx Laboratories Inc. | Add +2.8% | 0.12% | +0.02 |
| GEV GE Vernova Inc. | Add +1.4% | 0.04% | +0.02 |
| XYL Xylem Inc. | Add +1.0% | 0.70% | +0.02 |
| GE General Electric | Add +0.3% | 0.07% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +6.1% | 0.11% | +0.01 |
| ADI Analog Devices Inc. | Add +6.7% | 0.08% | +0.01 |
| GLD SPDR Gold Shares | Add +29.6% | 0.04% | +0.01 |
| JUST Goldman Sachs Just US LRG | Add +17.0% | 0.05% | +0.01 |
| COST Costco Wholesale Corp. | Add +20.9% | 0.04% | +0.01 |
| AMAT Applied Materials Inc. | Add +1.5% | 0.04% | +0.01 |
| ESGD iShares Trust iShares ESG Aw | Add +1.4% | 0.18% | +0.01 |
| ESGE iShares Inc. iShares ESG Awar | Add +2.8% | 0.06% | +0.00 |
| IBTG iShares Ibonds Dec 2026 Term | Add +8.7% | 0.30% | +0.00 |
| XJH Ishare ESG SS S&P Midcap ETF | Add +7.1% | 0.07% | +0.00 |
| PM Philip Morris International | Add +1.8% | 0.05% | +0.00 |
| ABT Abbott Laboratories | Add +14.8% | 0.04% | +0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.2% | 0.16% | +0.00 |
| CTAS Cintas Corp. | Add +1.3% | 0.07% | +0.00 |
| V Visa Inc. Class A | Add +10.9% | 0.03% | +0.00 |
| ESML iShares ESG Aware MSCI USA S | Add +0.9% | 0.08% | +0.00 |
| IBTH iShares Ibonds Dec 2027 Term | Add +7.0% | 0.30% | +0.00 |
| SPGI S&P Global Inc. | Add +0.4% | 0.03% | −0.00 |
| MMM 3M Co. | Add +0.9% | 0.07% | −0.00 |
| IBTF iShares Ibonds Dec 2025 Term | Add +6.3% | 0.29% | −0.00 |
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 |