White Lighthouse Investment Management Inc.

Name: White Lighthouse Investment Management Inc. 13F holdings, Q2 2025
Creator: White Lighthouse Investment Management Inc.
Published: 2025-07-30

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), White Lighthouse Investment Management Inc. reported 138 stock positions worth $614.8 million. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 17.2% of the portfolio, followed by Vanguard High DVD Yield ETF (VYM, 9.9%) and Vanguard Total Intl Stock (VXUS, 6.3%). Compared with Q1 2025, it opened 8 new positions, sold out of 3, added to 65 and reduced 48. The biggest buy was Vanguard Mrngstar GR ETF-Sui (VUG, shares +4%) and the biggest sale iShares Gold Trust (IAU, shares −11%).

Most Recent 13F: Q2 2026
Location: BEDFORD, MA
CIK: 0001727593
Portfolio Value: $614.8M (Q2 2025)
SEC Filing: 0001085146-25-004334 ↗ filed Jul 30, 2025

Holdings Value

Holdings 138 stocks · $614.8M


VUG Vanguard Mrngstar GR ETF-Sui	17.24%	241,727	$106.0M	Add +3.6%
VYM Vanguard High DVD Yield ETF	9.89%	456,116	$60.8M	Add +3.2%
VXUS Vanguard Total Intl Stock	6.34%	564,240	$39.0M	Reduce -2.5%
SHV iShares 0-1 Year Treasury Bo	5.18%	288,246	$31.8M	Add +0.4%
VCSH Vanguard S/T Corp. Bond ETF	4.15%	321,274	$25.5M	Add +1.3%
BND Vanguard Total Bond Market	3.70%	308,837	$22.7M	Add +3.2%
VGT Vanguard Info Tech ETF	3.63%	33,668	$22.3M	Reduce -1.2%
VTV Vanguard Mrngstr Val ETF-Aui	3.44%	119,660	$21.1M	Add +7.3%
VCIT Vanguard Int-Term Corporate	2.80%	207,699	$17.2M	Reduce -0.2%
IXUS iShares Core Intl Stock ETF	2.39%	189,896	$14.7M	Reduce -1.6%
IAU iShares Gold Trust	2.13%	209,523	$13.1M	Reduce -11.4%
VIG Vanguard Dividend Apprec ETF	1.73%	51,844	$10.6M	Add +1.6%
IWF iShares Russell 1000 Growth	1.69%	24,505	$10.4M	Add +5.0%
IGM iShares Expanded Tech Sector	1.63%	88,976	$10.0M	Add +10.7%
VOO Vanguard S&P 500 ETF	1.58%	17,115	$9.7M	Add +2.4%
BSV Vanguard Short-Term Bond ETF	1.45%	113,433	$8.9M	Add +3.7%
DVY iShares Select Dividend ETF	1.45%	66,928	$8.9M	Add +4.6%
VHT Vanguard Health Care ETF	1.12%	27,826	$6.9M	Reduce -0.0%
VBR Vngrd Mrngst SL-CP Val ETF-U	1.09%	34,440	$6.7M	Add +0.4%
AAPL Apple Inc.	0.97%	29,218	$6.0M	Reduce -1.1%
VCLT Vanguard Long-Term Corp. Bond	0.97%	78,502	$6.0M	Add +0.0%
VNQ Vanguard Real Estate ETF	0.96%	66,340	$5.9M	Add +8.9%
VTIP Vanguard Short-Term Tips	0.95%	115,740	$5.8M	Add +2.6%
VB Vanguard Most SM-Cap ETF-Usd	0.94%	24,469	$5.8M	Add +1.3%
VSGX Vanguard ESG Intl Stock ETF	0.86%	81,185	$5.3M	Reduce -2.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.83%	18,291	$5.1M	Add +4.6%
QQQ Invesco QQQ Trust Series 1	0.82%	9,140	$5.0M	Reduce -1.2%
ESGV Vanguard ESG US Stock ETF	0.77%	43,242	$4.7M	Add +2.9%
VGSH Vanguard Short-Term Treasury	0.67%	70,038	$4.1M	Reduce -0.7%
VTI VG Morningstar TS MKT ETF-US	0.67%	13,477	$4.1M	Add +1.3%
IUSB Ishr CR Unvrse Usd BD ETF-Ui	0.66%	87,996	$4.1M	Reduce -1.5%
BIV Vanguard Intermediate-Term B	0.62%	49,331	$3.8M	Reduce -0.1%
VOT Vngrd Mrngstr MC GRW ETF-Usd	0.58%	12,432	$3.5M	Add +5.7%
VPU Vanguard Utilities ETF	0.57%	19,705	$3.5M	Add +167.7%
SCHD Schwab US DVD Equity ETF	0.55%	127,448	$3.4M	Reduce -1.0%
MSFT Microsoft Corp.	0.55%	6,762	$3.4M	Add +4.4%
AMZN Amazon.com Inc.	0.52%	14,475	$3.2M	Add +1.8%
VOE Vngrd Mrngstr MD-Cap Val ETF	0.51%	18,990	$3.1M	Add +0.8%
MUB iShares National Muni Bond E	0.43%	25,093	$2.6M	No change
SPY SS SPDR S&P 500 ETF Trust-US	0.40%	3,978	$2.5M	Add +0.3%
ESGU iShares ESG Aware MSCI USA	0.40%	17,988	$2.4M	Add +8.3%
AZN Astrazeneca PLC-Spons ADR	0.37%	32,728	$2.3M	New
SCHP Schwab U.S. Tips ETF	0.37%	84,829	$2.3M	Reduce -3.8%
BRK.B Berkshire Hathaway Inc. Class B	0.34%	4,332	$2.1M	Add +4.8%
GLD SPDR Gold Shares	0.33%	6,636	$2.0M	Reduce -2.6%
WMT Walmart Inc.	0.33%	20,521	$2.0M	Reduce -0.2%
PM Philip Morris International	0.31%	10,479	$1.9M	No change
IUSG iShares Core S&P U.S. Growth	0.29%	11,843	$1.8M	Add +2.9%
IJT iShares S&P Small-Cap 600 GR	0.29%	13,377	$1.8M	Add +2.3%
VWO Vanguard Ftse Emerging Marke	0.28%	35,378	$1.7M	Reduce -21.9%
VCR Vanguard Consumer Discre ETF	0.28%	4,735	$1.7M	Reduce -0.8%
ESGD iShares Trust iShares ESG Aw	0.28%	19,110	$1.7M	Reduce -0.1%
VOX Vanguard Communication Servi	0.28%	9,936	$1.7M	Reduce -2.8%
IXJ iShares Global Healthcare Et	0.27%	19,426	$1.7M	Add +0.8%
VEU Vanguard Ftse All-World Ex-U	0.25%	22,434	$1.5M	Add +5.5%
GOOGL Alphabet Inc. Class A	0.24%	8,483	$1.5M	Add +5.8%
DSI iShares ESG MSCI KLD 400 ETF	0.24%	12,789	$1.5M	Reduce -15.9%
VEA Vanguard Ftse Developed ETF	0.24%	25,891	$1.5M	Reduce -0.6%
IBB iShares Biotechnology ETF	0.23%	11,363	$1.4M	Add +0.3%
BLV Vanguard Long-Term Bond ETF	0.23%	20,166	$1.4M	Reduce -19.6%
IVV iShares Core S&P 500 ETF	0.22%	2,185	$1.4M	Add +1.8%
SUB iShares Short-Term National	0.22%	12,636	$1.3M	Add +1.1%
VTEB Vanguard Tax-Exempt Bond ETF	0.22%	27,316	$1.3M	Add +4.3%
JNK SS SPDR BB High Yield Bond	0.20%	12,933	$1.3M	No change
ICF iShares Select U.S. REIT ETF	0.20%	19,794	$1.2M	Add +0.3%
BTI British American Tob-SP ADR	0.18%	23,852	$1.1M	No change
SGOL Abrdn Physical Gold Shares	0.18%	35,574	$1.1M	Reduce -8.6%
JNJ Johnson & Johnson	0.17%	6,812	$1.0M	Reduce -1.7%
IGSB iShares 1-5Y Inv Grade Corp.	0.16%	18,820	$993K	No change
CAT Caterpillar Inc.	0.16%	2,541	$986K	Reduce -16.4%
AMGN Amgen Inc.	0.16%	3,419	$955K	Reduce -0.3%
VGK Vanguard Ftse Europe ETF	0.15%	11,888	$921K	Reduce -7.3%
VFH Vanguard Financials ETF	0.14%	6,793	$865K	Add +7.5%
PG The Procter & Gamble Co.	0.13%	5,075	$809K	Reduce -0.6%
IJR iShares Core S&P Small-Cap E	0.13%	7,195	$786K	Add +13.1%
VWOB Vanguard Emerg MKTS Gov BND	0.12%	11,653	$762K	Add +0.3%
SO The Southern Co.	0.12%	8,205	$753K	Add +0.6%
AFRM Affirm Holdings Inc.	0.12%	10,744	$743K	Add +12.6%
NULG Nuveen ESG LRG-Cap GRW ETF	0.11%	7,110	$668K	Add +25.6%
ESGE iShares Inc. iShares ESG Awar	0.11%	16,936	$663K	Reduce -7.0%
MGK Vngrd Mrgstr MG CP GR ETF-Ui	0.10%	1,763	$646K	Reduce -5.3%
MAR Marriott International Class A	0.10%	2,335	$638K	Reduce -30.0%
EW Edwards Lifesciences Corp.	0.10%	8,142	$637K	No change
GDX Vaneck Gold Miners ETF	0.10%	12,078	$629K	Reduce -1.7%
NUSC Nuveen ESG Small-Cap ETF	0.10%	15,179	$618K	Add +6.1%
QUAL iShares MSCI USA Quality Fac	0.10%	3,362	$615K	Add +1.6%
AVGO Broadcom Inc.	0.10%	2,206	$608K	Add +8.9%
EMB iShares JP Morgan Usd Emergi	0.10%	6,393	$592K	Add +3.6%
UNH Unitedhealth Group Inc.	0.10%	1,889	$589K	Reduce -6.9%
GLOBAL X MSCI GREECE ETF	0.09%	9,970	$579K	Add +49.9%
JPM JPMorgan Chase & Co.	0.09%	1,911	$554K	Reduce -2.5%
MO Altria Group Inc.	0.09%	9,391	$551K	Reduce -0.1%
NVDA Nvidia Corp.	0.09%	3,398	$537K	Add +8.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.08%	1,758	$502K	Reduce -10.1%
MTUM iShares MSCI USA Momentum Fa	0.08%	2,023	$486K	No change
XLK SS Technology Select Sector	0.08%	1,918	$486K	Add +16.0%
VPL Vanguard Ftse Pacific ETF	0.08%	5,869	$482K	No change
GOOG Alphabet Inc. Class C	0.08%	2,637	$468K	Reduce -1.1%
CSCO Cisco Systems Inc.	0.07%	6,640	$461K	Add +3.3%
SCHG Schwab US Large-Cap Growth	0.07%	15,179	$443K	Add +3.4%
SOXX iShares Semiconductor ETF	0.07%	1,805	$431K	Add +0.3%
BNDX Vanguard Total Intl Bond ETF	0.07%	8,637	$428K	Add +28.2%
IWP iShares Russell Mid-Cap Grow	0.07%	3,017	$418K	No change
VONG Vanguard Russell 1000 Growth	0.06%	3,385	$370K	No change
ICSH iShares Ultra Short Duration	0.06%	7,000	$355K	No change
MRK Merck & Co. Inc.	0.06%	4,437	$351K	Add +1.5%
XOM Exxon Mobil Corp.	0.05%	3,095	$334K	Add +2.1%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	0.05%	4,068	$328K	Reduce -4.3%
NLY Annaly Capital Management Inc.	0.05%	17,223	$324K	Reduce -23.3%
HD Home Depot Inc.	0.05%	851	$312K	Add +4.0%
BIL SS SPDR BB 1-3M T-Bill ETF	0.05%	3,230	$296K	Reduce -4.9%
SCHC Schwab Intl Small-Cap Equity	0.05%	6,873	$293K	Reduce -5.4%
COST Costco Wholesale Corp.	0.05%	295	$292K	Reduce -0.3%
SUSA iShares ESG Optimized MSCI U	0.05%	2,297	$291K	Reduce -23.7%
ASML ASML Holding NV-NY Reg SHS	0.05%	357	$286K	No change
NFLX Netflix Inc.	0.04%	205	$275K	New
ORCL Oracle Corp.	0.04%	1,242	$272K	New
PANW Palo Alto Networks Inc.	0.04%	1,320	$270K	No change
SPGI S&P Global Inc.	0.04%	505	$266K	Reduce -9.0%
LMT Lockheed Martin Corp.	0.04%	573	$266K	Add +6.7%
SPYG SS SPDR P S&P 500 Growth ETF	0.04%	2,741	$261K	Add +0.0%
ICLN iShares Global Clean Energy	0.04%	19,549	$256K	Add +28.8%
MDT Medtronic PLC	0.04%	2,887	$252K	Add +1.4%
UNP Union Pacific Corp.	0.04%	1,082	$249K	No change
SCHF Schwab Intl Equity ETF	0.04%	11,234	$248K	Reduce -12.9%
AGG iShares Core U.S. Aggregate	0.04%	2,499	$248K	Reduce -1.9%
ISRG Intuitive Surgical Inc.	0.04%	456	$248K	No change
VCEB Vanguard ESG US Corp. Bond	0.04%	3,849	$244K	Reduce -63.1%
CVX Chevron Corp.	0.04%	1,661	$238K	Add +2.9%
DE Deere & Co.	0.04%	465	$236K	No change
PEP Pepsico Inc.	0.04%	1,762	$233K	Add +0.6%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.04%	807	$224K	New
EFA iShares MSCI Eafe ETF	0.04%	2,485	$222K	New
SCHO Schwab Short-Term US Treas	0.03%	8,670	$211K	No change
RING iShares MSCI Global Gold Min	0.03%	4,738	$207K	New
AMP Ameriprise Financial Inc.	0.03%	388	$207K	New
IEFA iShares Core MSCI Eafe ETF	0.03%	2,415	$202K	New
PDBC Invesco Optimum Yield Divers	0.03%	14,840	$194K	Add +16.4%

Portfolio Sells Q1 2025 → Q2 2025


IAU iShares Gold Trust	Reduce -11.4%	2.13%	−0.36
VCIT Vanguard Int-Term Corporate	Reduce -0.2%	2.80%	−0.24
AAPL Apple Inc.	Reduce -1.1%	0.97%	−0.20
VHT Vanguard Health Care ETF	Reduce -0.0%	1.12%	−0.19
UNH Unitedhealth Group Inc.	Reduce -6.9%	0.10%	−0.09
SCHD Schwab US DVD Equity ETF	Reduce -1.0%	0.55%	−0.09
BLV Vanguard Long-Term Bond ETF	Reduce -19.6%	0.23%	−0.09
VWO Vanguard Ftse Emerging Marke	Reduce -21.9%	0.28%	−0.08
VCEB Vanguard ESG US Corp. Bond	Reduce -63.1%	0.04%	−0.08
VXUS Vanguard Total Intl Stock	Reduce -2.5%	6.34%	−0.07
IUSB Ishr CR Unvrse Usd BD ETF-Ui	Reduce -1.5%	0.66%	−0.07
VGSH Vanguard Short-Term Treasury	Reduce -0.7%	0.67%	−0.07
SCHP Schwab U.S. Tips ETF	Reduce -3.8%	0.37%	−0.06
BIV Vanguard Intermediate-Term B	Reduce -0.1%	0.62%	−0.05
BIIB Biogen Inc.	Sold out	0.00%	−0.05
HON Honeywell International Inc.	Sold out	0.00%	−0.05
EFG iShares MSCI Eafe Growth ETF	Sold out	0.00%	−0.04
MAR Marriott International Class A	Reduce -30.0%	0.10%	−0.04
DSI iShares ESG MSCI KLD 400 ETF	Reduce -15.9%	0.24%	−0.04
JNJ Johnson & Johnson	Reduce -1.7%	0.17%	−0.04
AMGN Amgen Inc.	Reduce -0.3%	0.16%	−0.04
NLY Annaly Capital Management Inc.	Reduce -23.3%	0.05%	−0.03
SGOL Abrdn Physical Gold Shares	Reduce -8.6%	0.18%	−0.02
PG The Procter & Gamble Co.	Reduce -0.6%	0.13%	−0.02
GLD SPDR Gold Shares	Reduce -2.6%	0.33%	−0.02
CAT Caterpillar Inc.	Reduce -16.4%	0.16%	−0.02
IXUS iShares Core Intl Stock ETF	Reduce -1.6%	2.39%	−0.02
SUSA iShares ESG Optimized MSCI U	Reduce -23.7%	0.05%	−0.01
VSGX Vanguard ESG Intl Stock ETF	Reduce -2.5%	0.86%	−0.01
MO Altria Group Inc.	Reduce -0.1%	0.09%	−0.01
VGK Vanguard Ftse Europe ETF	Reduce -7.3%	0.15%	−0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd	Reduce -10.1%	0.08%	−0.01
BIL SS SPDR BB 1-3M T-Bill ETF	Reduce -4.9%	0.05%	−0.01
SPGI S&P Global Inc.	Reduce -9.0%	0.04%	−0.01
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	Reduce -4.3%	0.05%	−0.01
ESGE iShares Inc. iShares ESG Awar	Reduce -7.0%	0.11%	−0.01
SCHF Schwab Intl Equity ETF	Reduce -12.9%	0.04%	−0.01
AGG iShares Core U.S. Aggregate	Reduce -1.9%	0.04%	−0.00
COST Costco Wholesale Corp.	Reduce -0.3%	0.05%	−0.00
ESGD iShares Trust iShares ESG Aw	Reduce -0.1%	0.28%	−0.00
SCHC Schwab Intl Small-Cap Equity	Reduce -5.4%	0.05%	+0.00
GDX Vaneck Gold Miners ETF	Reduce -1.7%	0.10%	+0.00
VCR Vanguard Consumer Discre ETF	Reduce -0.8%	0.28%	+0.00
GOOG Alphabet Inc. Class C	Reduce -1.1%	0.08%	+0.00
MGK Vngrd Mrgstr MG CP GR ETF-Ui	Reduce -5.3%	0.10%	+0.00
VEA Vanguard Ftse Developed ETF	Reduce -0.6%	0.24%	+0.00
WMT Walmart Inc.	Reduce -0.2%	0.33%	+0.00
JPM JPMorgan Chase & Co.	Reduce -2.5%	0.09%	+0.00
VOX Vanguard Communication Servi	Reduce -2.8%	0.28%	+0.01
QQQ Invesco QQQ Trust Series 1	Reduce -1.2%	0.82%	+0.05

Portfolio Buys Q1 2025 → Q2 2025


VUG Vanguard Mrngstar GR ETF-Sui	Add +3.6%	17.24%	+1.78
AZN Astrazeneca PLC-Spons ADR	New	0.37%	+0.37
VPU Vanguard Utilities ETF	Add +167.7%	0.57%	+0.34
IGM iShares Expanded Tech Sector	Add +10.7%	1.63%	+0.32
IWF iShares Russell 1000 Growth	Add +5.0%	1.69%	+0.19
MSFT Microsoft Corp.	Add +4.4%	0.55%	+0.11
VOT Vngrd Mrngstr MC GRW ETF-Usd	Add +5.7%	0.58%	+0.06
VOO Vanguard S&P 500 ETF	Add +2.4%	1.58%	+0.05
NFLX Netflix Inc.	New	0.04%	+0.04
ORCL Oracle Corp.	New	0.04%	+0.04
AFRM Affirm Holdings Inc.	Add +12.6%	0.12%	+0.04
AVGO Broadcom Inc.	Add +8.9%	0.10%	+0.04
GLOBAL X MSCI GREECE ETF	Add +49.9%	0.09%	+0.04
VBK Van Morst SML-Cap Gro-Usd Inc.	New	0.04%	+0.04
EFA iShares MSCI Eafe ETF	New	0.04%	+0.04
ESGV Vanguard ESG US Stock ETF	Add +2.9%	0.77%	+0.04
ESGU iShares ESG Aware MSCI USA	Add +8.3%	0.40%	+0.03
AMP Ameriprise Financial Inc.	New	0.03%	+0.03
RING iShares MSCI Global Gold Min	New	0.03%	+0.03
AMZN Amazon.com Inc.	Add +1.8%	0.52%	+0.03
IEFA iShares Core MSCI Eafe ETF	New	0.03%	+0.03
NULG Nuveen ESG LRG-Cap GRW ETF	Add +25.6%	0.11%	+0.03
IUSG iShares Core S&P U.S. Growth	Add +2.9%	0.29%	+0.03
NVDA Nvidia Corp.	Add +8.9%	0.09%	+0.03
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +4.6%	0.83%	+0.02
GOOGL Alphabet Inc. Class A	Add +5.8%	0.24%	+0.02
XLK SS Technology Select Sector	Add +16.0%	0.08%	+0.02
VEU Vanguard Ftse All-World Ex-U	Add +5.5%	0.25%	+0.01
VTI VG Morningstar TS MKT ETF-US	Add +1.3%	0.67%	+0.01
BNDX Vanguard Total Intl Bond ETF	Add +28.2%	0.07%	+0.01
ICLN iShares Global Clean Energy	Add +28.8%	0.04%	+0.01
SOXX iShares Semiconductor ETF	Add +0.3%	0.07%	+0.01
SCHG Schwab US Large-Cap Growth	Add +3.4%	0.07%	+0.01
VFH Vanguard Financials ETF	Add +7.5%	0.14%	+0.01
IVV iShares Core S&P 500 ETF	Add +1.8%	0.22%	+0.01
CSCO Cisco Systems Inc.	Add +3.3%	0.07%	+0.00
SPY SS SPDR S&P 500 ETF Trust-US	Add +0.3%	0.40%	+0.00
SPYG SS SPDR P S&P 500 Growth ETF	Add +0.0%	0.04%	+0.00
NUSC Nuveen ESG Small-Cap ETF	Add +6.1%	0.10%	+0.00
VTV Vanguard Mrngstr Val ETF-Aui	Add +7.3%	3.44%	+0.00
PDBC Invesco Optimum Yield Divers	Add +16.4%	0.03%	+0.00
LMT Lockheed Martin Corp.	Add +6.7%	0.04%	+0.00
QUAL iShares MSCI USA Quality Fac	Add +1.6%	0.10%	−0.00
IJT iShares S&P Small-Cap 600 GR	Add +2.3%	0.29%	−0.00
HD Home Depot Inc.	Add +4.0%	0.05%	−0.00
EMB iShares JP Morgan Usd Emergi	Add +3.6%	0.10%	−0.00
MDT Medtronic PLC	Add +1.4%	0.04%	−0.00
IJR iShares Core S&P Small-Cap E	Add +13.1%	0.13%	−0.01
PEP Pepsico Inc.	Add +0.6%	0.04%	−0.01
VWOB Vanguard Emerg MKTS Gov BND	Add +0.3%	0.12%	−0.01

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	151	$802.3M	VUG, SHV, VXUS, VYM, VCSH
Q1 2026	145	$720.8M	VUG, SHV, VYM, VXUS, VCSH
Q4 2025	150	$716.4M	VUG, VYM, SHV, VXUS, VCSH
Q3 2025	139	$656.0M	VUG, VYM, VXUS, SHV, VCSH
Q2 2025	138	$614.8M	VUG, VYM, VXUS, SHV, VCSH
Q1 2025	133	$560.0M	VUG, VYM, VXUS, SHV, VCSH
Q4 2024	133	$569.2M	VUG, VYM, VXUS, SHV, VCSH
Q3 2024	131	$557.4M	VUG, VYM, VXUS, VCSH, SHV
Q2 2024	121	$518.3M	VUG, VYM, VXUS, VCSH, VGT
Q1 2024	120	$492.3M	VUG, VYM, VXUS, VCSH, VGT