White Lighthouse Investment Management Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), White Lighthouse Investment Management Inc. reported 139 stock positions worth $656.0 million. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 17.4% of the portfolio, followed by Vanguard High DVD Yield ETF (VYM, 9.9%) and Vanguard Total Intl Stock (VXUS, 6.5%). Compared with Q2 2025, it opened 4 new positions, sold out of 3, added to 50 and reduced 71. The biggest buy was iShares Expanded Tech Sector (IGM, shares +15%) and the biggest sale Vanguard Int-Term Corporate (VCIT, shares −5%).

Most Recent 13F
Q2 2026
Location
BEDFORD, MA
CIK
0001727593
Portfolio Value
$656.0M (Q3 2025)
SEC Filing
0001727593-25-000002 ↗ filed Nov 13, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $492.3M Q1 2024 Q2 2024: $518.3M Q2 2024 Q3 2024: $557.4M Q3 2024 Q4 2024: $569.2M Q4 2024 Q1 2025: $560.0M Q1 2025 Q2 2025: $614.8M Q2 2025 Q3 2025: $656.0M $656.0M Q3 2025 Q4 2025: $716.4M Q4 2025 Q1 2026: $720.8M Q1 2026 Q2 2026: $802.3M Q2 2026

Holdings 139 stocks · $656.0M
VUG Vanguard Mrngstar GR ETF-Sui 17.41% 238,156 $114.2M Reduce -1.5%
VYM Vanguard High DVD Yield ETF 9.95% 462,928 $65.2M Add +1.5%
VXUS Vanguard Total Intl Stock 6.47% 578,112 $42.5M Add +2.5%
SHV iShares 0-1 Year Treasury Bo 5.45% 323,537 $35.7M Add +12.2%
VCSH Vanguard S/T Corp. Bond ETF 4.30% 352,944 $28.2M Add +9.9%
VGT Vanguard Info Tech ETF 3.81% 33,456 $25.0M Reduce -0.6%
BND Vanguard Total Bond Market 3.59% 316,780 $23.6M Add +2.6%
VTV Vanguard Mrngstr Val ETF-Aui 3.58% 125,770 $23.5M Add +5.1%
VCIT Vanguard Int-Term Corporate 2.54% 197,842 $16.6M Reduce -4.8%
IAU iShares Gold Trust 2.39% 215,646 $15.7M Add +2.9%
IXUS iShares Core Intl Stock ETF 2.38% 188,686 $15.6M Reduce -0.6%
IGM iShares Expanded Tech Sector 1.97% 102,735 $12.9M Add +15.5%
VIG Vanguard Dividend Apprec ETF 1.68% 51,029 $11.0M Reduce -1.6%
VOO Vanguard S&P 500 ETF 1.65% 17,683 $10.8M Add +3.3%
IWF iShares Russell 1000 Growth 1.65% 23,055 $10.8M Reduce -5.9%
DVY iShares Select Dividend ETF 1.47% 67,787 $9.6M Add +1.3%
BSV Vanguard Short-Term Bond ETF 1.38% 114,346 $9.0M Add +0.8%
VBR Vngrd Mrngst SL-CP Val ETF-U 1.11% 34,948 $7.3M Add +1.5%
VHT Vanguard Health Care ETF 1.03% 26,017 $6.8M Reduce -6.5%
VTIP Vanguard Short-Term Tips 0.97% 125,128 $6.3M Add +8.1%
AAPL Apple Inc. 0.92% 23,795 $6.1M Reduce -18.6%
VB Vanguard Most SM-Cap ETF-Usd 0.92% 23,761 $6.0M Reduce -2.9%
VNQ Vanguard Real Estate ETF 0.85% 61,244 $5.6M Reduce -7.7%
VCLT Vanguard Long-Term Corp. Bond 0.82% 69,580 $5.4M Reduce -11.4%
QQQ Invesco QQQ Trust Series 1 0.82% 8,983 $5.4M Reduce -1.7%
VSGX Vanguard ESG Intl Stock ETF 0.81% 76,716 $5.3M Reduce -5.5%
ESGV Vanguard ESG US Stock ETF 0.76% 41,922 $5.0M Reduce -3.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.76% 16,863 $5.0M Reduce -7.8%
VTI VG Morningstar TS MKT ETF-US 0.67% 13,374 $4.4M Reduce -0.8%
VGSH Vanguard Short-Term Treasury 0.62% 69,458 $4.1M Reduce -0.8%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.60% 83,926 $3.9M Reduce -4.6%
BIV Vanguard Intermediate-Term B 0.58% 48,448 $3.8M Reduce -1.8%
MSFT Microsoft Corp. 0.56% 7,048 $3.7M Add +4.2%
VPU Vanguard Utilities ETF 0.54% 18,732 $3.5M Reduce -4.9%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.54% 11,992 $3.5M Reduce -3.5%
SCHD Schwab US DVD Equity ETF 0.51% 123,185 $3.4M Reduce -3.3%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.49% 18,584 $3.2M Reduce -2.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.40% 3,987 $2.7M Add +0.2%
MUB iShares National Muni Bond E 0.39% 23,895 $2.5M Reduce -4.8%
AMZN Amazon.com Inc. 0.39% 11,572 $2.5M Reduce -20.1%
ESGU iShares ESG Aware MSCI USA 0.38% 17,328 $2.5M Reduce -3.7%
AZN Astrazeneca PLC-Spons ADR 0.38% 32,728 $2.5M No change
GLD SPDR Gold Shares 0.36% 6,693 $2.4M Add +0.9%
SCHP Schwab U.S. Tips ETF 0.36% 87,350 $2.4M Add +3.0%
BRK.B Berkshire Hathaway Inc. Class B 0.34% 4,490 $2.3M Add +3.6%
GOOGL Alphabet Inc. Class A 0.29% 7,738 $1.9M Reduce -8.8%
VWO Vanguard Ftse Emerging Marke 0.28% 33,687 $1.8M Reduce -4.8%
IJT iShares S&P Small-Cap 600 GR 0.28% 12,836 $1.8M Reduce -4.0%
VCR Vanguard Consumer Discre ETF 0.28% 4,577 $1.8M Reduce -3.3%
ESGD iShares Trust iShares ESG Aw 0.28% 19,459 $1.8M Add +1.8%
PM Philip Morris International 0.26% 10,479 $1.7M No change
IUSG iShares Core S&P U.S. Growth 0.26% 10,236 $1.7M Reduce -13.6%
VOX Vanguard Communication Servi 0.26% 8,928 $1.7M Reduce -10.1%
DSI iShares ESG MSCI KLD 400 ETF 0.25% 12,791 $1.6M Add +0.0%
IXJ iShares Global Healthcare Et 0.25% 18,171 $1.6M Reduce -6.5%
VEA Vanguard Ftse Developed ETF 0.24% 26,157 $1.6M Add +1.0%
WMT Walmart Inc. 0.24% 15,111 $1.6M Reduce -26.4%
VEU Vanguard Ftse All-World Ex-U 0.23% 21,472 $1.5M Reduce -4.3%
IBB iShares Biotechnology ETF 0.23% 10,293 $1.5M Reduce -9.4%
IVV iShares Core S&P 500 ETF 0.22% 2,172 $1.5M Reduce -0.6%
SGOL Abrdn Physical Gold Shares 0.21% 36,945 $1.4M Add +3.9%
SUB iShares Short-Term National 0.21% 12,636 $1.3M No change
BLV Vanguard Long-Term Bond ETF 0.20% 18,769 $1.3M Reduce -6.9%
JNK SS SPDR BB High Yield Bond 0.19% 13,007 $1.3M Add +0.6%
CAT Caterpillar Inc. 0.18% 2,471 $1.2M Reduce -2.8%
JNJ Johnson & Johnson 0.18% 6,257 $1.2M Reduce -8.2%
VTEB Vanguard Tax-Exempt Bond ETF 0.17% 22,773 $1.1M Reduce -16.6%
ICF iShares Select U.S. REIT ETF 0.15% 16,459 $1.0M Reduce -16.9%
NULG Nuveen ESG LRG-Cap GRW ETF 0.15% 10,173 $1.0M Add +43.1%
VGK Vanguard Ftse Europe ETF 0.15% 12,308 $982K Add +3.5%
AMGN Amgen Inc. 0.15% 3,465 $978K Add +1.4%
IGSB iShares 1-5Y Inv Grade Corp. 0.14% 17,320 $918K Reduce -8.0%
VFH Vanguard Financials ETF 0.14% 6,823 $895K Add +0.4%
SUSC iShares ESG Aware Usd Corpor 0.14% 37,869 $892K New
GDX Vaneck Gold Miners ETF 0.13% 11,082 $847K Reduce -8.3%
VWOB Vanguard Emerg MKTS Gov BND 0.13% 12,350 $826K Add +6.0%
PG The Procter & Gamble Co. 0.12% 5,276 $811K Add +4.0%
IJR iShares Core S&P Small-Cap E 0.12% 6,720 $799K Reduce -6.6%
NVDA Nvidia Corp. 0.12% 4,183 $780K Add +23.1%
SO The Southern Co. 0.12% 8,205 $778K No change
ESGE iShares Inc. iShares ESG Awar 0.11% 17,036 $740K Add +0.6%
GOOG Alphabet Inc. Class C 0.11% 2,963 $722K Add +12.4%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.11% 1,763 $709K No change
QUAL iShares MSCI USA Quality Fac 0.11% 3,571 $695K Add +6.2%
EMB iShares JP Morgan Usd Emergi 0.10% 7,018 $668K Add +9.8%
BTI British American Tob-SP ADR 0.10% 12,264 $651K Reduce -48.6%
UNH Unitedhealth Group Inc. 0.10% 1,879 $649K Reduce -0.5%
EW Edwards Lifesciences Corp. 0.10% 8,342 $649K Add +2.5%
NUSC Nuveen ESG Small-Cap ETF 0.10% 14,129 $623K Reduce -6.9%
MAR Marriott International Class A 0.09% 2,335 $608K No change
MO Altria Group Inc. 0.09% 9,191 $607K Reduce -2.1%
XLK SS Technology Select Sector 0.08% 1,923 $542K Add +0.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.08% 1,758 $541K No change
JPM JPMorgan Chase & Co. 0.08% 1,696 $535K Reduce -11.3%
MTUM iShares MSCI USA Momentum Fa 0.08% 2,023 $519K No change
VPL Vanguard Ftse Pacific ETF 0.08% 5,869 $515K No change
SCHG Schwab US Large-Cap Growth 0.07% 15,079 $481K Reduce -0.7%
BNDX Vanguard Total Intl Bond ETF 0.07% 9,672 $478K Add +12.0%
SOXX iShares Semiconductor ETF 0.07% 1,763 $478K Reduce -2.3%
CSCO Cisco Systems Inc. 0.07% 6,740 $461K Add +1.5%
AVGO Broadcom Inc. 0.07% 1,390 $459K Reduce -37.0%
AFRM Affirm Holdings Inc. 0.07% 5,835 $426K Reduce -45.7%
VONG Vanguard Russell 1000 Growth 0.06% 3,385 $408K No change
IWP iShares Russell Mid-Cap Grow 0.06% 2,717 $387K Reduce -9.9%
MRK Merck & Co. Inc. 0.06% 4,417 $371K Reduce -0.5%
NLY Annaly Capital Management Inc. 0.05% 17,647 $357K Add +2.5%
ICSH iShares Ultra Short Duration 0.05% 7,000 $355K No change
XOM Exxon Mobil Corp. 0.05% 3,082 $348K Reduce -0.4%
ASML ASML Holding NV-NY Reg SHS 0.05% 357 $346K No change
ORCL Oracle Corp. 0.05% 1,218 $343K Reduce -1.9%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.05% 4,206 $341K Add +3.4%
SCHC Schwab Intl Small-Cap Equity 0.05% 6,975 $317K Add +1.5%
ICLN iShares Global Clean Energy 0.05% 20,478 $317K Add +4.8%
SUSA iShares ESG Optimized MSCI U 0.05% 2,304 $312K Add +0.3%
HD Home Depot Inc. 0.05% 757 $307K Reduce -11.1%
SPGI S&P Global Inc. 0.05% 613 $298K Add +21.4%
RING iShares MSCI Global Gold Min 0.05% 4,568 $296K Reduce -3.6%
LMT Lockheed Martin Corp. 0.04% 570 $284K Reduce -0.5%
SPYG SS SPDR P S&P 500 Growth ETF 0.04% 2,692 $281K Reduce -1.8%
AGG iShares Core U.S. Aggregate 0.04% 2,789 $280K Add +11.6%
VCEB Vanguard ESG US Corp. Bond 0.04% 4,327 $278K Add +12.4%
COST Costco Wholesale Corp. 0.04% 297 $275K Add +0.7%
PANW Palo Alto Networks Inc. 0.04% 1,350 $275K Add +2.3%
MDT Medtronic PLC 0.04% 2,859 $272K Reduce -1.0%
BIL SS SPDR BB 1-3M T-Bill ETF 0.04% 2,902 $266K Reduce -10.2%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.04% 882 $263K Add +9.3%
NFLX Netflix Inc. 0.04% 218 $261K Add +6.3%
UNP Union Pacific Corp. 0.04% 1,082 $256K No change
CVX Chevron Corp. 0.04% 1,642 $255K Reduce -1.1%
PEP Pepsico Inc. 0.04% 1,711 $240K Reduce -2.9%
EFA iShares MSCI Eafe ETF 0.03% 2,374 $222K Reduce -4.5%
SCHF Schwab Intl Equity ETF 0.03% 9,288 $216K Reduce -17.3%
DE Deere & Co. 0.03% 465 $213K No change
VYMI Vanguard Int High DVD YLD Inc. 0.03% 2,493 $211K New
GSLC Goldman Activebeta US LC ETF 0.03% 1,617 $211K New
SPYV SS SPDR P S&P 500 Value ETF 0.03% 3,721 $206K New
SCHO Schwab Short-Term US Treas 0.03% 8,260 $202K Reduce -4.7%
ISRG Intuitive Surgical Inc. 0.03% 450 $201K Reduce -1.3%
PDBC Invesco Optimum Yield Divers 0.03% 13,455 $181K Reduce -9.3%

Portfolio Sells Q2 2025 → Q3 2025
VCIT Vanguard Int-Term Corporate Reduce -4.8% 2.54% −0.26
VCLT Vanguard Long-Term Corp. Bond Reduce -11.4% 0.82% −0.15
AMZN Amazon.com Inc. Reduce -20.1% 0.39% −0.13
VNQ Vanguard Real Estate ETF Reduce -7.7% 0.85% −0.11
VHT Vanguard Health Care ETF Reduce -6.5% 1.03% −0.09
GLOBAL X MSCI GREECE ETF Sold out 0.00% −0.09
WMT Walmart Inc. Reduce -26.4% 0.24% −0.09
BTI British American Tob-SP ADR Reduce -48.6% 0.10% −0.08
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -7.8% 0.76% −0.08
IUSB Ishr CR Unvrse Usd BD ETF-Ui Reduce -4.6% 0.60% −0.06
AFRM Affirm Holdings Inc. Reduce -45.7% 0.07% −0.06
VSGX Vanguard ESG Intl Stock ETF Reduce -5.5% 0.81% −0.05
AAPL Apple Inc. Reduce -18.6% 0.92% −0.05
VIG Vanguard Dividend Apprec ETF Reduce -1.6% 1.68% −0.05
VGSH Vanguard Short-Term Treasury Reduce -0.8% 0.62% −0.05
IWF iShares Russell 1000 Growth Reduce -5.9% 1.65% −0.05
VTEB Vanguard Tax-Exempt Bond ETF Reduce -16.6% 0.17% −0.04
BIV Vanguard Intermediate-Term B Reduce -1.8% 0.58% −0.04
ICF iShares Select U.S. REIT ETF Reduce -16.9% 0.15% −0.04
MUB iShares National Muni Bond E Reduce -4.8% 0.39% −0.04
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -3.5% 0.54% −0.04
SCHD Schwab US DVD Equity ETF Reduce -3.3% 0.51% −0.04
AMP Ameriprise Financial Inc. Sold out 0.00% −0.03
IUSG iShares Core S&P U.S. Growth Reduce -13.6% 0.26% −0.03
IEFA iShares Core MSCI Eafe ETF Sold out 0.00% −0.03
AVGO Broadcom Inc. Reduce -37.0% 0.07% −0.03
IXJ iShares Global Healthcare Et Reduce -6.5% 0.25% −0.03
BLV Vanguard Long-Term Bond ETF Reduce -6.9% 0.20% −0.03
VPU Vanguard Utilities ETF Reduce -4.9% 0.54% −0.02
VB Vanguard Most SM-Cap ETF-Usd Reduce -2.9% 0.92% −0.02
IGSB iShares 1-5Y Inv Grade Corp. Reduce -8.0% 0.14% −0.02
VOX Vanguard Communication Servi Reduce -10.1% 0.26% −0.02
ESGV Vanguard ESG US Stock ETF Reduce -3.0% 0.76% −0.01
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -2.1% 0.49% −0.01
IJT iShares S&P Small-Cap 600 GR Reduce -4.0% 0.28% −0.01
IXUS iShares Core Intl Stock ETF Reduce -0.6% 2.38% −0.01
VEU Vanguard Ftse All-World Ex-U Reduce -4.3% 0.23% −0.01
ESGU iShares ESG Aware MSCI USA Reduce -3.7% 0.38% −0.01
ISRG Intuitive Surgical Inc. Reduce -1.3% 0.03% −0.01
IWP iShares Russell Mid-Cap Grow Reduce -9.9% 0.06% −0.01
JPM JPMorgan Chase & Co. Reduce -11.3% 0.08% −0.01
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -10.2% 0.04% −0.01
SCHF Schwab Intl Equity ETF Reduce -17.3% 0.03% −0.01
IBB iShares Biotechnology ETF Reduce -9.4% 0.23% −0.01
VWO Vanguard Ftse Emerging Marke Reduce -4.8% 0.28% −0.01
IJR iShares Core S&P Small-Cap E Reduce -6.6% 0.12% −0.01
NUSC Nuveen ESG Small-Cap ETF Reduce -6.9% 0.10% −0.01
HD Home Depot Inc. Reduce -11.1% 0.05% −0.00
PDBC Invesco Optimum Yield Divers Reduce -9.3% 0.03% −0.00
SCHO Schwab Short-Term US Treas Reduce -4.7% 0.03% −0.00

Portfolio Buys Q2 2025 → Q3 2025
IGM iShares Expanded Tech Sector Add +15.5% 1.97% +0.35
SHV iShares 0-1 Year Treasury Bo Add +12.2% 5.45% +0.27
IAU iShares Gold Trust Add +2.9% 2.39% +0.27
VCSH Vanguard S/T Corp. Bond ETF Add +9.9% 4.30% +0.15
SUSC iShares ESG Aware Usd Corpor New 0.14% +0.14
VTV Vanguard Mrngstr Val ETF-Aui Add +5.1% 3.58% +0.14
VXUS Vanguard Total Intl Stock Add +2.5% 6.47% +0.13
VOO Vanguard S&P 500 ETF Add +3.3% 1.65% +0.07
VYM Vanguard High DVD Yield ETF Add +1.5% 9.95% +0.06
NULG Nuveen ESG LRG-Cap GRW ETF Add +43.1% 0.15% +0.05
GOOG Alphabet Inc. Class C Add +12.4% 0.11% +0.03
GLD SPDR Gold Shares Add +0.9% 0.36% +0.03
VYMI Vanguard Int High DVD YLD Inc. New 0.03% +0.03
GSLC Goldman Activebeta US LC ETF New 0.03% +0.03
NVDA Nvidia Corp. Add +23.1% 0.12% +0.03
SPYV SS SPDR P S&P 500 Value ETF New 0.03% +0.03
SGOL Abrdn Physical Gold Shares Add +3.9% 0.21% +0.02
DVY iShares Select Dividend ETF Add +1.3% 1.47% +0.02
VBR Vngrd Mrngst SL-CP Val ETF-U Add +1.5% 1.11% +0.02
VTIP Vanguard Short-Term Tips Add +8.1% 0.97% +0.02
MSFT Microsoft Corp. Add +4.2% 0.56% +0.01
ICLN iShares Global Clean Energy Add +4.8% 0.05% +0.01
QUAL iShares MSCI USA Quality Fac Add +6.2% 0.11% +0.01
EMB iShares JP Morgan Usd Emergi Add +9.8% 0.10% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +0.2% 0.40% +0.01
ESGE iShares Inc. iShares ESG Awar Add +0.6% 0.11% +0.00
DSI iShares ESG MSCI KLD 400 ETF Add +0.0% 0.25% +0.00
VBK Van Morst SML-Cap Gro-Usd Inc. Add +9.3% 0.04% +0.00
XLK SS Technology Select Sector Add +0.3% 0.08% +0.00
BNDX Vanguard Total Intl Bond ETF Add +12.0% 0.07% +0.00
VCEB Vanguard ESG US Corp. Bond Add +12.4% 0.04% +0.00
AGG iShares Core U.S. Aggregate Add +11.6% 0.04% +0.00
SPGI S&P Global Inc. Add +21.4% 0.05% +0.00
VWOB Vanguard Emerg MKTS Gov BND Add +6.0% 0.13% +0.00
BRK.B Berkshire Hathaway Inc. Class B Add +3.6% 0.34% +0.00
NLY Annaly Capital Management Inc. Add +2.5% 0.05% +0.00
SCHC Schwab Intl Small-Cap Equity Add +1.5% 0.05% +0.00
SUSA iShares ESG Optimized MSCI U Add +0.3% 0.05% +0.00
VGK Vanguard Ftse Europe ETF Add +3.5% 0.15% −0.00
VEA Vanguard Ftse Developed ETF Add +1.0% 0.24% −0.00
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +3.4% 0.05% −0.00
ESGD iShares Trust iShares ESG Aw Add +1.8% 0.28% −0.00
PANW Palo Alto Networks Inc. Add +2.3% 0.04% −0.00
VFH Vanguard Financials ETF Add +0.4% 0.14% −0.00
CSCO Cisco Systems Inc. Add +1.5% 0.07% −0.00
EW Edwards Lifesciences Corp. Add +2.5% 0.10% −0.00
NFLX Netflix Inc. Add +6.3% 0.04% −0.00
COST Costco Wholesale Corp. Add +0.7% 0.04% −0.01
AMGN Amgen Inc. Add +1.4% 0.15% −0.01
PG The Procter & Gamble Co. Add +4.0% 0.12% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 151$802.3MVUG, SHV, VXUS, VYM, VCSH
Q1 2026 145$720.8MVUG, SHV, VYM, VXUS, VCSH
Q4 2025 150$716.4MVUG, VYM, SHV, VXUS, VCSH
Q3 2025 139$656.0MVUG, VYM, VXUS, SHV, VCSH
Q2 2025 138$614.8MVUG, VYM, VXUS, SHV, VCSH
Q1 2025 133$560.0MVUG, VYM, VXUS, SHV, VCSH
Q4 2024 133$569.2MVUG, VYM, VXUS, SHV, VCSH
Q3 2024 131$557.4MVUG, VYM, VXUS, VCSH, SHV
Q2 2024 121$518.3MVUG, VYM, VXUS, VCSH, VGT
Q1 2024 120$492.3MVUG, VYM, VXUS, VCSH, VGT