Walkner Condon Financial Advisors LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Walkner Condon Financial Advisors LLC reported 267 stock positions worth $494.4 million. Its top holding was Ste STR SPDR PT DW Eu ETF (SPDW) at 5.0% of the portfolio, followed by Ste STR SPDR PT S&P 500 ETF (SPYM, 4.6%) and JPMorgan Core Plus Bond ETF (JCPB, 3.7%). Compared with Q4 2024, it opened 21 new positions, sold out of 36, added to 121 and reduced 104. The biggest buy was Ste STR SPDR PT DW Eu ETF (SPDW, shares +54%) and the biggest sale State Street SP PTF Em ETF (SPEM, shares −78%).
- Most Recent 13F
- Q2 2026
- Location
- MADISON, WI
- CIK
- 0001817494
- Portfolio Value
- $494.4M (Q1 2025)
- SEC Filing
- 0001085146-25-002240 ↗ filed Apr 23, 2025
Holdings Value
Holdings 267 stocks · $494.4M
| SPDW Ste STR SPDR PT DW Eu ETF | 5.04% | 684,305 | $24.9M | Add +53.8% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 4.59% | 344,866 | $22.7M | Reduce -15.7% |
| JCPB JPMorgan Core Plus Bond ETF | 3.71% | 390,037 | $18.3M | Add +34.3% |
| IVV iShares Core S&P 500 ETF | 3.59% | 31,556 | $17.7M | Reduce -1.1% |
| VOO Vanguard S&P 500 ETF | 2.95% | 28,371 | $14.6M | Reduce -0.6% |
| LMBS First Trust Low Duration Opp | 2.77% | 279,039 | $13.7M | Add +134.2% |
| AAPL Apple Inc. | 2.68% | 59,653 | $13.3M | Add +2.1% |
| LGOV First TR Long Duration O-ETF | 2.56% | 588,451 | $12.7M | Add +49.9% |
| VGK Vanguard Ftse Europe ETF | 2.52% | 177,462 | $12.5M | Reduce -0.6% |
| UCON First Trust Smith Unconstrai | 2.45% | 489,802 | $12.1M | Add +15.6% |
| IJH iShares Core S&P Midcap ETF | 2.44% | 206,887 | $12.1M | Add +209.5% |
| SCHR Schwab Intermediate-Term US | 2.00% | 397,262 | $9.9M | Add +8.8% |
| FTCS First Trust Capital Strength | 1.90% | 105,008 | $9.4M | Reduce -30.4% |
| RDVY First Trust Rising Dividend | 1.62% | 136,687 | $8.0M | Add +144.0% |
| MSFT Microsoft Corp. | 1.42% | 18,728 | $7.0M | Add +1.6% |
| SCHX Schwab US Large-Cap ETF | 1.40% | 313,453 | $6.9M | Add +1.4% |
| VPL Vanguard Ftse Pacific ETF | 1.32% | 90,208 | $6.5M | Add +1.3% |
| AVEM Avantis Emerging Markets Eq | 1.25% | 102,981 | $6.2M | New |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.20% | 22,986 | $5.9M | Reduce -4.6% |
| VEA Vanguard Ftse Developed ETF | 1.20% | 116,425 | $5.9M | Reduce -1.0% |
| GLDM SPDR Gold Minishares Trust | 1.19% | 95,111 | $5.9M | Add +12.8% |
| JEPI JPMorgan Equity Premium Inco | 1.15% | 99,920 | $5.7M | Reduce -17.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.11% | 9,852 | $5.5M | Reduce -12.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.10% | 24,463 | $5.4M | Reduce -4.0% |
| VYMI Vanguard Int High DVD YLD Inc. | 1.05% | 70,341 | $5.2M | Add +1.7% |
| VWO Vanguard Ftse Emerging Marke | 1.01% | 109,802 | $5.0M | Add +0.2% |
| BWZ State Street SPDR Bloomberg | 0.84% | 159,085 | $4.2M | Reduce -3.3% |
| VGLT Vanguard Long-Term Treasury | 0.84% | 72,153 | $4.2M | Add +5.1% |
| CWI State Street SPDR MSCI Acwi | 0.81% | 134,696 | $4.0M | No change |
| USB US Bancorp | 0.75% | 88,407 | $3.7M | Add +0.2% |
| IJR iShares Core S&P Small-Cap E | 0.69% | 32,403 | $3.4M | Add +206.4% |
| VIGI Vanguard Int Div App Indx FD | 0.66% | 39,622 | $3.3M | Add +1.0% |
| EWJ iShares MSCI Japan ETF | 0.66% | 47,806 | $3.3M | New |
| USXF iShares ESG Advance MSCI USA | 0.64% | 67,363 | $3.1M | Reduce -5.7% |
| BND Vanguard Total Bond Market | 0.63% | 42,397 | $3.1M | Reduce -2.7% |
| GOOGL Alphabet Inc. Class A | 0.63% | 19,983 | $3.1M | Add +4.1% |
| IWM iShares Russell 2000 ETF | 0.62% | 15,283 | $3.0M | Add +1.6% |
| COST Costco Wholesale Corp. | 0.62% | 3,217 | $3.0M | Reduce -3.4% |
| NVDA Nvidia Corp. | 0.61% | 28,003 | $3.0M | Add +1.8% |
| VSS Vanguard Ftse All Wo X-US SC | 0.61% | 26,041 | $3.0M | Reduce -3.0% |
| PYLD PIMCO Multisector Bond Actv | 0.60% | 112,935 | $3.0M | Reduce -1.4% |
| SCHO Schwab Short-Term US Treas | 0.59% | 119,466 | $2.9M | Reduce -5.9% |
| DMXF iShares ESG Advanc MSCI Eafe | 0.58% | 42,644 | $2.9M | Add +3.8% |
| JPST JPMorgan Ultra-Short Income | 0.58% | 56,543 | $2.9M | Reduce -42.3% |
| SPEM State Street SP PTF Em ETF | 0.57% | 72,084 | $2.8M | Reduce -78.4% |
| VFMF Vanguard US Multifactor ETF | 0.54% | 21,201 | $2.7M | Reduce -1.9% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.54% | 52,026 | $2.7M | Reduce -54.8% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.53% | 64,040 | $2.6M | Reduce -61.0% |
| GLD SPDR Gold Shares | 0.53% | 9,034 | $2.6M | Reduce -9.9% |
| SUB iShares Short-Term National | 0.52% | 24,382 | $2.6M | Reduce -1.5% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.51% | 32,053 | $2.5M | Reduce -10.5% |
| IAU iShares Gold Trust | 0.51% | 42,886 | $2.5M | Add +1.6% |
| GUNR NT Mstar GLBL NR ETF | 0.51% | 64,776 | $2.5M | Reduce -14.0% |
| GLTR Abrdn Precious Metals Basket | 0.47% | 17,956 | $2.3M | Add +3.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.46% | 12,253 | $2.3M | Reduce -1.4% |
| AMZN Amazon.com Inc. | 0.46% | 11,947 | $2.3M | Add +4.5% |
| VIG Vanguard Dividend Apprec ETF | 0.45% | 11,435 | $2.2M | Add +1.1% |
| JPIB JPMorgan Intl BND ETF | 0.45% | 46,095 | $2.2M | New |
| VNQI Vanguard GLBL Ex-US Real Est | 0.43% | 53,126 | $2.1M | Reduce -0.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.43% | 7,746 | $2.1M | Add +14.2% |
| BWX SS SPDR BB Intl Treasury BD | 0.41% | 93,372 | $2.0M | Add +3.9% |
| FTGC First Trust Global Tactical | 0.38% | 73,422 | $1.9M | New |
| SUSL iShares ESG MSCI USA Leaders | 0.38% | 19,474 | $1.9M | Add +8.7% |
| TBIL F/M US Treasury 3 Month Bill | 0.37% | 36,840 | $1.8M | New |
| BUFD FT VST Lad Deep Buf ETF-Usdi | 0.36% | 71,532 | $1.8M | Reduce -66.9% |
| ITOT iShares Core S&P Total U.S. | 0.35% | 14,089 | $1.7M | Reduce -7.0% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.34% | 60,660 | $1.7M | Add +1.7% |
| USRT iShares Core US REIT ETF | 0.33% | 28,468 | $1.6M | New |
| XOM Exxon Mobil Corp. | 0.33% | 13,774 | $1.6M | Add +1.5% |
| HDV iShares Core High Dividend E | 0.32% | 13,119 | $1.6M | Reduce -0.1% |
| SDVY First Trust Smid Cap Rising | 0.32% | 47,033 | $1.6M | Add +14.6% |
| VYM Vanguard High DVD Yield ETF | 0.32% | 12,183 | $1.6M | Add +0.3% |
| META Meta Platforms Inc. Class A | 0.29% | 2,525 | $1.5M | Add +0.2% |
| TCAF T Rowe PRC Cap Appreciation | 0.29% | 45,072 | $1.5M | Reduce -0.7% |
| IEUR iShares Core MSCI Europe ETF | 0.29% | 23,770 | $1.4M | Add +1.3% |
| ANET Arista Networks Inc. | 0.29% | 18,313 | $1.4M | Reduce -24.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.28% | 3,798 | $1.4M | Reduce -1.7% |
| EMXF iShares ESG Adv MSCI Em ETF | 0.28% | 36,654 | $1.4M | Add +2.1% |
| VNQ Vanguard Real Estate ETF | 0.28% | 15,369 | $1.4M | Reduce -4.1% |
| FEZ State Street SPDR Euro Stoxx | 0.28% | 25,079 | $1.4M | New |
| OUNZ Vaneck Merk Gold ETF | 0.25% | 41,615 | $1.3M | Add +0.0% |
| IWF iShares Russell 1000 Growth | 0.25% | 3,400 | $1.2M | Add +13.9% |
| SCHC Schwab Intl Small-Cap Equity | 0.25% | 34,115 | $1.2M | Add +0.7% |
| JMUB JPMorgan Municipal ETF | 0.25% | 24,480 | $1.2M | Add +10.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.25% | 2,292 | $1.2M | Add +1.6% |
| VGIT Vanguard Intermediate-Term T | 0.24% | 20,240 | $1.2M | Add +24.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 2,540 | $1.2M | Reduce -4.4% |
| SCHD Schwab US DVD Equity ETF | 0.23% | 40,446 | $1.1M | Add +2.0% |
| PICB Invesco International Corpor | 0.23% | 50,619 | $1.1M | Reduce -7.7% |
| BGRN iShares Usd Green Bond ETF | 0.22% | 23,443 | $1.1M | Add +5.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.22% | 11,970 | $1.1M | Add +16.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.22% | 6,259 | $1.1M | Add +4.2% |
| FEMB First Trust Emerging Markets | 0.22% | 39,677 | $1.1M | Add +2.3% |
| EMNT PIMCO Enhcd St M-Active ESG | 0.22% | 10,802 | $1.1M | Add +14.5% |
| PDBC Invesco Optimum Yield Divers | 0.21% | 75,516 | $1.0M | Reduce -43.0% |
| SCZ iShares MSCI Eafe Small-Cap | 0.19% | 14,721 | $935K | Reduce -0.0% |
| GWX State Street SPDR S&P Intern | 0.19% | 28,826 | $921K | Reduce -73.0% |
| DGRO iShares Core Dividend Growth | 0.18% | 14,701 | $908K | Reduce -10.6% |
| HYXF iShares ESG Adv High Yield | 0.18% | 18,949 | $878K | Reduce -6.2% |
| FIXD First Trust Smith Opportunis | 0.17% | 19,660 | $862K | Reduce -25.9% |
Portfolio Sells Q4 2024 → Q1 2025
| SPEM State Street SP PTF Em ETF | Reduce -78.4% | 0.57% | −2.03 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -15.7% | 4.59% | −1.15 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -61.0% | 0.53% | −0.97 |
| FTCS First Trust Capital Strength | Reduce -30.4% | 1.90% | −0.79 |
| BUFD FT VST Lad Deep Buf ETF-Usdi | Reduce -66.9% | 0.36% | −0.76 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -54.8% | 0.54% | −0.74 |
| JNK SS SPDR BB High Yield Bond | Sold out | 0.00% | −0.63 |
| GWX State Street SPDR S&P Intern | Reduce -73.0% | 0.19% | −0.49 |
| JPST JPMorgan Ultra-Short Income | Reduce -42.3% | 0.58% | −0.42 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.34 |
| JEPI JPMorgan Equity Premium Inco | Reduce -17.8% | 1.15% | −0.27 |
| ANET Arista Networks Inc. | Reduce -24.3% | 0.29% | −0.26 |
| FISR SS Fi Sector Rotation | Sold out | 0.00% | −0.23 |
| IVV iShares Core S&P 500 ETF | Reduce -1.1% | 3.59% | −0.23 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -12.5% | 1.11% | −0.23 |
| SPIB SS SPDR P Int C Corp. ETF | Sold out | 0.00% | −0.22 |
| CERY SS SPDR BBG En RY CM St N-Ui | Sold out | 0.00% | −0.22 |
| EBND State Street SPDR Bloomberg | Sold out | 0.00% | −0.22 |
| RWO State Street SPDR Dow Jones | Reduce -74.9% | 0.07% | −0.20 |
| VOO Vanguard S&P 500 ETF | Reduce -0.6% | 2.95% | −0.18 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -4.0% | 1.10% | −0.15 |
| GOF Guggenheim Strategic Opport | Sold out | 0.00% | −0.15 |
| PDBC Invesco Optimum Yield Divers | Reduce -43.0% | 0.21% | −0.14 |
| EMHC SS SPDR BB Em Usd Bond ETF | Sold out | 0.00% | −0.14 |
| GOOG Alphabet Inc. Class C | Reduce -33.2% | 0.16% | −0.14 |
| PDI PIMCO Dynamic Income Fund | Sold out | 0.00% | −0.13 |
| JPIE JPMorgan Income ETF | Sold out | 0.00% | −0.12 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.11 |
| DXYZ Destiny TECH100 Inc. | Reduce -50.4% | 0.04% | −0.11 |
| TSLA Tesla Inc. | Reduce -6.3% | 0.15% | −0.10 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -4.6% | 1.20% | −0.09 |
| FAAR First Trust Alt Abs Ret ETF | Reduce -63.0% | 0.05% | −0.09 |
| USXF iShares ESG Advance MSCI USA | Reduce -5.7% | 0.64% | −0.09 |
| REMX Vaneck Rar Earth ND STG-Usdi | Sold out | 0.00% | −0.07 |
| USFR Wisdomtree Floating Rate Tre | Reduce -37.8% | 0.12% | −0.07 |
| CCD Calamos DYN Convert & Inc. | Sold out | 0.00% | −0.07 |
| FTA First Trust L C Val Alp | Sold out | 0.00% | −0.07 |
| SUSC iShares ESG Aware Usd Corpor | Sold out | 0.00% | −0.07 |
| FDN First Trust DJ Internet Ind | Sold out | 0.00% | −0.06 |
| FVD First Trust Value Line DVD | Sold out | 0.00% | −0.06 |
| SDY SS SPDR S&P Dividend ETF | Reduce -59.0% | 0.05% | −0.06 |
| TIPX SS SPDR BB 1-10YR Tips ETF | Sold out | 0.00% | −0.06 |
| FSMB First Trust Short Dur Manag | Sold out | 0.00% | −0.06 |
| SRLN SS Blackstone Sr Loan ETF | Sold out | 0.00% | −0.06 |
| FIXD First Trust Smith Opportunis | Reduce -25.9% | 0.17% | −0.06 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -10.5% | 0.51% | −0.06 |
| ESGV Vanguard ESG US Stock ETF | Sold out | 0.00% | −0.06 |
| IGRO iShares Intl Div Growth ETF | Sold out | 0.00% | −0.06 |
| ITOT iShares Core S&P Total U.S. | Reduce -7.0% | 0.35% | −0.05 |
| GUNR NT Mstar GLBL NR ETF | Reduce -14.0% | 0.51% | −0.05 |
Portfolio Buys Q4 2024 → Q1 2025
| SPDW Ste STR SPDR PT DW Eu ETF | Add +53.8% | 5.04% | +1.95 |
| LMBS First Trust Low Duration Opp | Add +134.2% | 2.77% | +1.60 |
| IJH iShares Core S&P Midcap ETF | Add +209.5% | 2.44% | +1.60 |
| AVEM Avantis Emerging Markets Eq | New | 1.25% | +1.25 |
| JCPB JPMorgan Core Plus Bond ETF | Add +34.3% | 3.71% | +0.99 |
| RDVY First Trust Rising Dividend | Add +144.0% | 1.62% | +0.95 |
| LGOV First TR Long Duration O-ETF | Add +49.9% | 2.56% | +0.90 |
| EWJ iShares MSCI Japan ETF | New | 0.66% | +0.66 |
| JPIB JPMorgan Intl BND ETF | New | 0.45% | +0.45 |
| IJR iShares Core S&P Small-Cap E | Add +206.4% | 0.69% | +0.44 |
| FTGC First Trust Global Tactical | New | 0.38% | +0.38 |
| TBIL F/M US Treasury 3 Month Bill | New | 0.37% | +0.37 |
| USRT iShares Core US REIT ETF | New | 0.33% | +0.33 |
| UCON First Trust Smith Unconstrai | Add +15.6% | 2.45% | +0.33 |
| GLDM SPDR Gold Minishares Trust | Add +12.8% | 1.19% | +0.30 |
| FEZ State Street SPDR Euro Stoxx | New | 0.28% | +0.28 |
| SCHR Schwab Intermediate-Term US | Add +8.8% | 2.00% | +0.20 |
| SGOV iShares 0-3 Month Treasury B | New | 0.13% | +0.13 |
| JIVE JPM Interntl Value ETF | New | 0.10% | +0.10 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +1.7% | 1.05% | +0.09 |
| IAU iShares Gold Trust | Add +1.6% | 0.51% | +0.09 |
| GLTR Abrdn Precious Metals Basket | Add +3.3% | 0.47% | +0.08 |
| VGLT Vanguard Long-Term Treasury | Add +5.1% | 0.84% | +0.07 |
| VXUS Vanguard Total Intl Stock | Add +92.0% | 0.12% | +0.06 |
| JMHI JPMorgan High Yield Municpl | New | 0.05% | +0.05 |
| AMGN Amgen Inc. | New | 0.05% | +0.05 |
| RING iShares MSCI Global Gold Min | New | 0.05% | +0.05 |
| VGIT Vanguard Intermediate-Term T | Add +24.2% | 0.24% | +0.05 |
| CVX Chevron Corp. | New | 0.05% | +0.05 |
| TIDAL TRUST II | New | 0.05% | +0.05 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.05% | +0.05 |
| BNDX Vanguard Total Intl Bond ETF | New | 0.05% | +0.05 |
| ISRG Intuitive Surgical Inc. | New | 0.05% | +0.05 |
| BCAT BlackRock Capital Alloc TR | New | 0.05% | +0.05 |
| SPYI Neos S&P 500 High Income ETF | New | 0.05% | +0.05 |
| PBTP Invesco 0-5 YR US Tips ETF | New | 0.04% | +0.04 |
| DMXF iShares ESG Advanc MSCI Eafe | Add +3.8% | 0.58% | +0.04 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | New | 0.04% | +0.04 |
| OUNZ Vaneck Merk Gold ETF | Add +0.0% | 0.25% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.6% | 0.25% | +0.04 |
| VPL Vanguard Ftse Pacific ETF | Add +1.3% | 1.32% | +0.04 |
| XOM Exxon Mobil Corp. | Add +1.5% | 0.33% | +0.03 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +23.3% | 0.13% | +0.03 |
| JNJ Johnson & Johnson | Add +25.1% | 0.11% | +0.03 |
| IEUR iShares Core MSCI Europe ETF | Add +1.3% | 0.29% | +0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +16.5% | 0.22% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +14.2% | 0.43% | +0.03 |
| NUBD Nuveen ESG US Aggregate Bond | Add +44.5% | 0.09% | +0.03 |
| UDI Uscf Dividend Income | Add +24.1% | 0.14% | +0.03 |
| VIGI Vanguard Int Div App Indx FD | Add +1.0% | 0.66% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 343 | $868.1M | SPDW, SPYM, JCPB, IJH, IVV |
| Q1 2026 | 322 | $758.7M | SPDW, SPYM, JCPB, IVV, LMBS |
| Q4 2025 | 308 | $720.0M | SPDW, SPYM, JCPB, IVV, LMBS |
| Q3 2025 | 299 | $631.1M | SPDW, SPYM, IVV, JCPB, LMBS |
| Q2 2025 | 276 | $543.1M | SPDW, SPYM, IVV, JCPB, LMBS |
| Q1 2025 | 267 | $494.4M | SPDW, SPYM, JCPB, IVV, VOO |
| Q4 2024 | 282 | $492.2M | SPYM, IVV, VOO, SPDW, AAPL |
| Q3 2024 | 265 | $490.1M | SPYM, IVV, SPDW, VOO, JCPB |
| Q2 2024Amended | 255 | $463.4M | SPYM, IVV, SPDW, FTCS, VOO |
| Q1 2024 | 266 | $471.4M | SPYM, IVV, SPDW, FTCS, VOO |