Portland Global Advisors LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Portland Global Advisors LLC reported 150 stock positions worth $931.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 9.1% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 5.3%) and SS SPDR P St Term TSY ETF (SPTS, 5.2%). Compared with Q3 2025, it opened 8 new positions, sold out of 5, added to 55 and reduced 46. The biggest buy was Idexx Laboratories (IDXX, shares +324%) 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
- $931.7M (Q4 2025)
- SEC Filing
- 0001504941-26-000001 ↗ filed Feb 10, 2026
Holdings Value
Holdings 150 stocks · $931.7M
| SPY SS SPDR S&P 500 ETF Trust-US | 9.06% | 123,770 | $84.4M | Reduce -1.5% |
| IJH iShares Core S&P Midcap ETF | 5.34% | 753,414 | $49.7M | Add +3.6% |
| SPTS SS SPDR P St Term TSY ETF | 5.16% | 1,643,042 | $48.1M | Add +9.7% |
| VGSH Vanguard Short-Term Treasury | 5.13% | 814,006 | $47.8M | Add +8.8% |
| IVV iShares Core S&P 500 ETF | 4.85% | 65,950 | $45.2M | Add +0.5% |
| MDY State Street SPDR S&P Midcap | 4.31% | 66,505 | $40.1M | Reduce -0.7% |
| SPTI SS SPDR P Int Term TSY ETF | 4.23% | 1,367,824 | $39.4M | Add +3.6% |
| VGIT Vanguard Intermediate-Term T | 4.22% | 656,370 | $39.3M | Add +3.1% |
| IEFA iShares Core MSCI Eafe ETF | 3.30% | 343,404 | $30.7M | Add +3.2% |
| VWO Vanguard Ftse Emerging Marke | 2.48% | 429,628 | $23.1M | Reduce -2.8% |
| EFA iShares MSCI Eafe ETF | 2.46% | 238,998 | $23.0M | Add +1.9% |
| VEA Vanguard Ftse Developed ETF | 2.17% | 323,176 | $20.2M | Add +2.4% |
| VTI VG Morningstar TS MKT ETF-US | 2.12% | 58,869 | $19.7M | Add +6.7% |
| STIP iShares 0-5 Year Tips Bond E | 2.05% | 186,931 | $19.1M | Add +3.9% |
| VTIP Vanguard Short-Term Tips | 2.02% | 379,958 | $18.8M | Add +3.9% |
| IEF iShares 7-10 Year Treasury B | 1.96% | 189,750 | $18.2M | Add +2.9% |
| VSS Vanguard Ftse All Wo X-US SC | 1.88% | 122,406 | $17.5M | Add +2.0% |
| GNMA iShares Gnma Bond ETF | 1.82% | 380,968 | $17.0M | Add +3.1% |
| IEMG iShares Core MSCI Emerging | 1.81% | 251,171 | $16.9M | Reduce -0.9% |
| MSFT Microsoft Corp. | 1.79% | 34,534 | $16.7M | Reduce -2.4% |
| IWM iShares Russell 2000 ETF | 1.59% | 60,144 | $14.8M | Reduce -3.6% |
| EWJ iShares MSCI Japan ETF | 1.22% | 140,228 | $11.3M | Reduce -0.1% |
| ROK Rockwell Automation Inc. | 1.19% | 28,611 | $11.1M | Reduce -3.3% |
| HUBB Hubbell Inc. | 1.16% | 24,401 | $10.8M | Reduce -4.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.14% | 35,901 | $10.6M | Reduce -4.7% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.12% | 22,235 | $10.4M | Reduce -6.7% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.03% | 82,436 | $9.6M | Reduce -4.2% |
| AAPL Apple Inc. | 1.00% | 34,127 | $9.3M | Reduce -1.8% |
| EEM iShares MSCI Emerging Market | 0.96% | 163,185 | $8.9M | Reduce -6.0% |
| PANW Palo Alto Networks Inc. | 0.95% | 48,098 | $8.9M | Reduce -1.7% |
| FDX FedEx Corp. | 0.93% | 29,982 | $8.7M | Add +2.2% |
| SGOV iShares 0-3 Month Treasury B | 0.91% | 84,397 | $8.5M | Add +46.3% |
| DGS Wisdomtree Em Small Cap | 0.88% | 143,794 | $8.2M | Add +1.7% |
| CHKP Check Point Software Tech | 0.88% | 43,986 | $8.2M | Add +1.4% |
| AMGN Amgen Inc. | 0.87% | 24,731 | $8.1M | Add +2.8% |
| TXN Texas Instruments Inc. | 0.77% | 41,191 | $7.1M | Add +7.8% |
| MELI MercadoLibre Inc. | 0.74% | 3,423 | $6.9M | Add +10.2% |
| CHD Church & Dwight Co. Inc. | 0.72% | 80,392 | $6.7M | Add +14.5% |
| XYL Xylem Inc. | 0.70% | 47,684 | $6.5M | Add +1.9% |
| UL Unilever PLC-Sponsored ADR | 0.68% | 97,512 | $6.4M | Add +2.8% |
| HSY The Hershey Co. | 0.60% | 30,759 | $5.6M | Add +2.9% |
| IDXX Idexx Laboratories Inc. | 0.59% | 8,147 | $5.5M | Add +323.7% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.53% | 49,836 | $4.9M | Add +26.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.53% | 66,552 | $4.9M | Add +5.5% |
| ETN Eaton Corp. PLC | 0.47% | 13,760 | $4.4M | Add +2.4% |
| MKC McCormick & Co.-Non VTG SHRS | 0.45% | 61,523 | $4.2M | Add +10.2% |
| FMX Fomento Economico Mex-SP ADR | 0.43% | 40,002 | $4.0M | Add +2.1% |
| AMZN Amazon.com Inc. | 0.35% | 14,046 | $3.2M | Add +24.5% |
| IBTH iShares Ibonds Dec 2027 Term | 0.34% | 142,114 | $3.2M | Add +17.4% |
| IBTG iShares Ibonds Dec 2026 Term | 0.34% | 139,045 | $3.2M | Add +18.2% |
| IBTI iShares Ibonds Dec 2028 Term | 0.34% | 141,011 | $3.2M | New |
| CB Chubb Ltd. | 0.32% | 9,639 | $3.0M | Reduce -1.2% |
| VOO Vanguard S&P 500 ETF | 0.30% | 4,495 | $2.8M | Add +2.0% |
| IDNA iShares Gen-Immunology HLTH | 0.29% | 103,004 | $2.7M | Reduce 0.0% |
| IWV iShares Russell 3000 ETF | 0.25% | 6,067 | $2.3M | Add +15.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 4,111 | $2.1M | Reduce -5.8% |
| ADI Analog Devices Inc. | 0.21% | 7,259 | $2.0M | Add +177.0% |
| GOOGL Alphabet Inc. Class A | 0.21% | 6,125 | $1.9M | Reduce -0.1% |
| IJR iShares Core S&P Small-Cap E | 0.18% | 13,943 | $1.7M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 0.18% | 5,158 | $1.7M | Reduce -2.0% |
| ESGD iShares Trust iShares ESG Aw | 0.17% | 16,355 | $1.6M | No change |
| IWF iShares Russell 1000 Growth | 0.16% | 3,215 | $1.5M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.16% | 2 | $1.5M | No change |
| NFLX Netflix Inc. | 0.16% | 15,980 | $1.5M | Add +0.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.15% | 4,943 | $1.4M | Reduce -0.1% |
| JNJ Johnson & Johnson | 0.15% | 6,661 | $1.4M | Reduce -1.0% |
| MCD McDonald's Corp. | 0.15% | 4,445 | $1.4M | No change |
| SUSA iShares ESG Optimized MSCI U | 0.14% | 9,680 | $1.3M | No change |
| MRK Merck & Co. Inc. | 0.14% | 12,158 | $1.3M | Reduce -1.4% |
| XOM Exxon Mobil Corp. | 0.13% | 10,314 | $1.2M | Reduce -0.4% |
| GOOG Alphabet Inc. Class C | 0.12% | 3,705 | $1.2M | Add +1.4% |
| USB US Bancorp | 0.12% | 20,950 | $1.1M | No change |
| SHW The Sherwin-Williams Co. | 0.11% | 3,091 | $1.0M | Reduce -7.1% |
| PG The Procter & Gamble Co. | 0.11% | 6,955 | $997K | No change |
| LLY Eli Lilly & Co. | 0.10% | 886 | $952K | Add +0.7% |
| IWB iShares Russell 1000 ETF | 0.08% | 2,117 | $791K | No change |
| ESML iShares ESG Aware MSCI USA S | 0.08% | 17,050 | $784K | No change |
| FITB Fifth Third Bancorp | 0.08% | 16,341 | $765K | Add +0.4% |
| GE General Electric filed as GE AEROSPACE | 0.08% | 2,433 | $749K | No change |
| OEF iShares S&P 100 ETF | 0.08% | 2,147 | $736K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.08% | 2,421 | $736K | Add +0.3% |
| INTC Intel Corp. | 0.08% | 19,622 | $724K | No change |
| DVY iShares Select Dividend ETF | 0.07% | 4,750 | $670K | No change |
| MMM 3M Co. | 0.07% | 4,100 | $656K | No change |
| XJH Ishare ESG SS S&P Midcap ETF | 0.07% | 14,335 | $640K | No change |
| EMR Emerson Electric Co. | 0.07% | 4,613 | $612K | Add +0.5% |
| SHEL Shell PLC-ADR | 0.06% | 8,205 | $603K | Reduce -4.1% |
| HD Home Depot Inc. | 0.06% | 1,733 | $596K | Add +0.6% |
| ESGE iShares Inc. iShares ESG Awar | 0.06% | 13,275 | $586K | No change |
| ORCL Oracle Corp. | 0.06% | 2,922 | $570K | Reduce -1.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.06% | 2,924 | $558K | Add +7.3% |
| HON Honeywell International Inc. | 0.06% | 2,851 | $556K | Reduce -3.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.06% | 1,138 | $555K | Add +57.0% |
| IWD iShares Russell 1000 Value E | 0.06% | 2,601 | $547K | Add +43.6% |
| GEV GE Vernova Inc. | 0.06% | 820 | $536K | Add +0.6% |
| CTAS Cintas Corp. | 0.06% | 2,796 | $526K | No change |
| MRSH Marsh & McLennan Cos | 0.05% | 2,739 | $508K | Reduce -13.5% |
| TILT NT Mstar US Ftilt ETF | 0.05% | 2,021 | $503K | New |
| MA Mastercard Inc. Class A | 0.05% | 858 | $490K | Reduce -3.2% |
| JUST Goldman Sachs Just US LRG | 0.05% | 4,880 | $472K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.5% | 9.06% | −0.29 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.28 |
| MSFT Microsoft Corp. | Reduce -2.4% | 1.79% | −0.25 |
| VWO Vanguard Ftse Emerging Marke | Reduce -2.8% | 2.48% | −0.19 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -6.7% | 1.12% | −0.19 |
| PANW Palo Alto Networks Inc. | Reduce -1.7% | 0.95% | −0.16 |
| MDY State Street SPDR S&P Midcap | Reduce -0.7% | 4.31% | −0.15 |
| IWM iShares Russell 2000 ETF | Reduce -3.6% | 1.59% | −0.10 |
| EEM iShares MSCI Emerging Market | Reduce -6.0% | 0.96% | −0.08 |
| HUBB Hubbell Inc. | Reduce -4.0% | 1.16% | −0.06 |
| IEMG iShares Core MSCI Emerging | Reduce -0.9% | 1.81% | −0.05 |
| K Kellanova | Sold out | 0.00% | −0.05 |
| IBM Intl Business Machines Corp. | Reduce -4.7% | 1.14% | −0.05 |
| EWJ iShares MSCI Japan ETF | Reduce -0.1% | 1.22% | −0.04 |
| ATNI Atn International Inc. | Sold out | 0.00% | −0.04 |
| ORCL Oracle Corp. | Reduce -1.4% | 0.06% | −0.03 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.8% | 0.22% | −0.02 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.02 |
| SHW The Sherwin-Williams Co. | Reduce -7.1% | 0.11% | −0.02 |
| BNY Bank of New York Mellon Corp. | Reduce -4.2% | 1.03% | −0.02 |
| UNM Unum Group | Reduce -39.0% | 0.02% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -13.5% | 0.05% | −0.02 |
| VTWV Vanguard Russell 2000 Value | Reduce -28.6% | 0.03% | −0.01 |
| HON Honeywell International Inc. | Reduce -3.0% | 0.06% | −0.01 |
| ABT Abbott Laboratories | Reduce -17.3% | 0.03% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.1% | 0.15% | −0.01 |
| EPI Wisdomtree India Earnings | Reduce -20.4% | 0.03% | −0.01 |
| LIN Linde PLC | Reduce -9.1% | 0.03% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -2.0% | 0.18% | −0.01 |
| PM Philip Morris International | Reduce -9.2% | 0.03% | −0.01 |
| AEM Agnico Eagle Mines Ltd. | Reduce -14.8% | 0.02% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -3.2% | 0.05% | −0.00 |
| SHEL Shell PLC-ADR | Reduce -4.1% | 0.06% | −0.00 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -7.9% | 0.04% | −0.00 |
| UNP Union Pacific Corp. | Reduce -1.1% | 0.03% | −0.00 |
| NVDA Nvidia Corp. | Reduce -0.2% | 0.04% | −0.00 |
| QCOM Qualcomm Inc. | Reduce -1.7% | 0.02% | −0.00 |
| AVGO Broadcom Inc. | Reduce -3.2% | 0.02% | −0.00 |
| DOV Dover Corp. | Reduce -12.9% | 0.03% | −0.00 |
| TMO Thermo Fisher Scientific Inc. | Reduce -6.8% | 0.03% | +0.00 |
| GLD SPDR Gold Shares | Reduce -1.4% | 0.05% | +0.00 |
| XOM Exxon Mobil Corp. | Reduce -0.4% | 0.13% | +0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.8% | 0.03% | +0.00 |
| AAPL Apple Inc. | Reduce -1.8% | 1.00% | +0.01 |
| JNJ Johnson & Johnson | Reduce -1.0% | 0.15% | +0.01 |
| CB Chubb Ltd. | Reduce -1.2% | 0.32% | +0.02 |
| IDNA iShares Gen-Immunology HLTH | Reduce 0.0% | 0.29% | +0.02 |
| MRK Merck & Co. Inc. | Reduce -1.4% | 0.14% | +0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 0.21% | +0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| IDXX Idexx Laboratories Inc. | Add +323.7% | 0.59% | +0.45 |
| IBTI iShares Ibonds Dec 2028 Term | New | 0.34% | +0.34 |
| SGOV iShares 0-3 Month Treasury B | Add +46.3% | 0.91% | +0.26 |
| SPTS SS SPDR P St Term TSY ETF | Add +9.7% | 5.16% | +0.26 |
| VGSH Vanguard Short-Term Treasury | Add +8.8% | 5.13% | +0.21 |
| FDX FedEx Corp. | Add +2.2% | 0.93% | +0.16 |
| ADI Analog Devices Inc. | Add +177.0% | 0.21% | +0.14 |
| AMGN Amgen Inc. | Add +2.8% | 0.87% | +0.11 |
| VTI VG Morningstar TS MKT ETF-US | Add +6.7% | 2.12% | +0.10 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +26.1% | 0.53% | +0.09 |
| AMZN Amazon.com Inc. | Add +24.5% | 0.35% | +0.07 |
| VEA Vanguard Ftse Developed ETF | Add +2.4% | 2.17% | +0.05 |
| IEFA iShares Core MSCI Eafe ETF | Add +3.2% | 3.30% | +0.05 |
| TILT NT Mstar US Ftilt ETF | New | 0.05% | +0.05 |
| IBTG iShares Ibonds Dec 2026 Term | Add +18.2% | 0.34% | +0.04 |
| IBTH iShares Ibonds Dec 2027 Term | Add +17.4% | 0.34% | +0.04 |
| IJH iShares Core S&P Midcap ETF | Add +3.6% | 5.34% | +0.04 |
| CHD Church & Dwight Co. Inc. | Add +14.5% | 0.72% | +0.04 |
| MKC McCormick & Co.-Non VTG SHRS | Add +10.2% | 0.45% | +0.03 |
| IWV iShares Russell 3000 ETF | Add +15.0% | 0.25% | +0.03 |
| LLY Eli Lilly & Co. | Add +0.7% | 0.10% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +1.4% | 0.12% | +0.03 |
| AGZ iShares Agency Bond ETF | New | 0.02% | +0.02 |
| WAT Waters Corp. | New | 0.02% | +0.02 |
| APH Amphenol Corp. Class A | New | 0.02% | +0.02 |
| VEU Vanguard Ftse All-World Ex-U | Add +5.5% | 0.53% | +0.02 |
| DHR Danaher Corp. | New | 0.02% | +0.02 |
| RTX RTX Corp. | New | 0.02% | +0.02 |
| IBB iShares Biotechnology ETF | New | 0.02% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +57.0% | 0.06% | +0.02 |
| EFA iShares MSCI Eafe ETF | Add +1.9% | 2.46% | +0.02 |
| IWD iShares Russell 1000 Value E | Add +43.6% | 0.06% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.3% | 0.08% | +0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +7.3% | 0.06% | +0.00 |
| V Visa Inc. Class A | Add +9.3% | 0.04% | +0.00 |
| FMX Fomento Economico Mex-SP ADR | Add +2.1% | 0.43% | +0.00 |
| AXP American Express Co. | Add +1.5% | 0.03% | +0.00 |
| GEV GE Vernova Inc. | Add +0.6% | 0.06% | +0.00 |
| FITB Fifth Third Bancorp | Add +0.4% | 0.08% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +2.0% | 0.30% | +0.00 |
| TJX TJX Companies Inc. | Add +1.3% | 0.03% | +0.00 |
| MICC The Magnum Ice Cream Co. NV | Add +1.0% | 0.04% | −0.00 |
| EMR Emerson Electric Co. | Add +0.5% | 0.07% | −0.00 |
| COST Costco Wholesale Corp. | Add +6.9% | 0.04% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Add +0.4% | 0.18% | −0.00 |
| GNMA iShares Gnma Bond ETF | Add +3.1% | 1.82% | −0.01 |
| HD Home Depot Inc. | Add +0.6% | 0.06% | −0.01 |
| TXN Texas Instruments Inc. | Add +7.8% | 0.77% | −0.02 |
| DGS Wisdomtree Em Small Cap | Add +1.7% | 0.88% | −0.02 |
| UL Unilever PLC-Sponsored ADR | Add +2.8% | 0.68% | −0.02 |
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 |