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

0$500.0M$1.0B$1.5B Q1 2024: $733.6M Q1 2024 Q2 2024: $737.0M Q2 2024 Q3 2024: $795.5M Q3 2024 Q4 2024: $790.2M Q4 2024 Q1 2025: $793.7M Q1 2025 Q2 2025: $849.4M $849.4M Q2 2025 Q3 2025: $895.6M Q3 2025 Q4 2025: $931.7M Q4 2025 Q1 2026: $938.1M Q1 2026 Q2 2026: $1.1B Q2 2026

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
K Kellanova 0.05% 4,992 $397K No change
UNM Unum Group 0.05% 4,798 $387K Add +1.6%
ATNI Atn International Inc. 0.05% 23,787 $387K No change
GEV GE Vernova Inc. 0.04% 715 $378K Add +1.4%
IVW iShares S&P 500 Growth ETF 0.04% 3,395 $374K No change
GIS General Mills Inc. 0.04% 7,211 $374K Add +0.1%
EMXC iShares MSCI Emr MRK Ex Chna 0.04% 5,800 $366K Reduce -3.7%
COST Costco Wholesale Corp. 0.04% 364 $360K Add +20.9%
GLD SPDR Gold Shares 0.04% 1,182 $360K Add +29.6%
IWD iShares Russell 1000 Value E 0.04% 1,811 $352K New
ACWI iShares MSCI Acwi ETF 0.04% 2,726 $351K No change
MATX Matson Inc. 0.04% 2,971 $331K No change
VOTE TCW Transform 500 ETF 0.04% 4,500 $327K Reduce -3.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.04% 725 $318K No change
ABT Abbott Laboratories 0.04% 2,308 $314K Add +14.8%
MA Mastercard Inc. Class A 0.04% 551 $310K New
AMAT Applied Materials Inc. 0.04% 1,655 $303K Add +1.5%
VTWV Vanguard Russell 2000 Value 0.03% 2,100 $292K No change
ROP Roper Technologies Inc. 0.03% 512 $290K Add +0.6%
IJJ iShares S&P Mid-Cap 400 Valu 0.03% 2,312 $286K No change
SONY Sony Group Corp. - SP ADR 0.03% 10,970 $286K Reduce -20.1%
DOV Dover Corp. 0.03% 1,545 $283K No change
IWP iShares Russell Mid-Cap Grow 0.03% 2,026 $281K No change
V Visa Inc. Class A 0.03% 776 $276K Add +10.9%
SPGI S&P Global Inc. 0.03% 492 $259K Add +0.4%
APO Apollo Global Management Inc. 0.03% 1,800 $255K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.03% 2,054 $254K New
ENTA Enanta Pharmaceuticals Inc. 0.03% 33,185 $251K No change
IVE iShares S&P 500 Value ETF 0.03% 1,189 $232K No change
BMY Bristol-Myers Squibb Co. 0.03% 4,999 $231K Add +0.2%
WAT Waters Corp. 0.03% 657 $229K No change
IWC iShares Micro-Cap ETF 0.03% 1,770 $226K Reduce -54.3%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.03% 500 $220K New
AXP American Express Co. 0.03% 671 $214K New
QCOM Qualcomm Inc. 0.03% 1,333 $212K Reduce -2.2%
NEE Nextera Energy Inc. 0.02% 2,984 $207K Reduce -14.9%
TMO Thermo Fisher Scientific Inc. 0.02% 508 $206K Add +9.0%
UNP Union Pacific Corp. 0.02% 888 $204K New
WMT Walmart Inc. 0.02% 2,089 $204K New
EWX State Street SPDR S&P Emergi 0.02% 3,260 $202K New

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 154$1.1BSPY, IJH, IVV, MDY, SPTS
Q1 2026 146$938.1MSPY, IJH, SPTS, VGSH, IVV
Q4 2025 150$931.7MSPY, IJH, SPTS, VGSH, IVV
Q3 2025 146$895.6MSPY, IJH, VGSH, IVV, SPTS
Q2 2025 140$849.4MSPY, IJH, VGSH, SPTS, IVV
Q1 2025 130$793.7MSPY, IJH, VGSH, SPTS, VGIT
Q4 2024 134$790.2MSPY, IJH, MDY, IVV, VGSH
Q3 2024 135$795.5MSPY, IJH, MDY, IVV, VGSH
Q2 2024 130$737.0MSPY, MDY, IJH, IVV, VGIT
Q1 2024 134$733.6MSPY, MDY, IJH, IVV, VGIT