Winch Advisory Services, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Winch Advisory Services, LLC reported 503 stock positions worth $378.2 million. Its top holding was SS SPDR P S&P 1500 Comp ETF (SPTM) at 10.5% of the portfolio, followed by Vanguard Short-Term Treasury (VGSH, 7.5%) and Apple (AAPL, 6.8%). Compared with Q4 2024, it opened 16 new positions, sold out of 66, added to 183 and reduced 74. The biggest buy was Vanguard Short-Term Treasury (VGSH, shares +56%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −64%).
- Most Recent 13F
- Q2 2026
- Location
- Appleton, WI
- CIK
- 0001585822
- Portfolio Value
- $378.2M (Q1 2025)
- SEC Filing
- 0001580642-25-002850 ↗ filed May 6, 2025
Holdings Value
Holdings 503 stocks · $378.2M
| SPTM SS SPDR P S&P 1500 Comp ETF | 10.51% | 584,256 | $39.7M | Add +1.9% |
| VGSH Vanguard Short-Term Treasury | 7.51% | 483,749 | $28.4M | Add +56.0% |
| AAPL Apple Inc. | 6.78% | 115,505 | $25.7M | Reduce -2.9% |
| VCIT Vanguard Int-Term Corporate | 6.42% | 296,880 | $24.3M | Add +3.3% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 6.15% | 253,578 | $23.3M | Add +47.9% |
| NVDA Nvidia Corp. | 6.10% | 212,756 | $23.1M | Reduce -2.0% |
| CGMS Cap Group US Multi-Sect Bond | 5.29% | 732,894 | $20.0M | Add +1.9% |
| AMZN Amazon.com Inc. | 4.21% | 83,791 | $15.9M | Reduce -2.8% |
| MSFT Microsoft Corp. | 4.15% | 41,783 | $15.7M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.56% | 25,299 | $13.5M | Reduce -0.9% |
| SHV iShares 0-1 Year Treasury Bo | 3.33% | 113,908 | $12.6M | Add +0.6% |
| GOOG Alphabet Inc. Class C | 2.67% | 64,616 | $10.1M | Reduce -1.0% |
| V Visa Inc. Class A | 1.77% | 19,065 | $6.7M | Reduce -2.6% |
| JPM JPMorgan Chase & Co. | 1.58% | 24,312 | $6.0M | Reduce -0.5% |
| SYK Stryker Corp. | 1.43% | 14,552 | $5.4M | Reduce -1.2% |
| NFLX Netflix Inc. | 1.32% | 5,365 | $5.0M | Reduce -2.9% |
| GBIL Goldman Sachs Access Treasur | 1.29% | 48,846 | $4.9M | Add +14.8% |
| QQQ Invesco QQQ Trust Series 1 | 1.23% | 9,908 | $4.6M | Reduce -64.3% |
| AAAU Goldman Sachs Physical Gold | 1.22% | 149,630 | $4.6M | Add +0.1% |
| META Meta Platforms Inc. Class A | 1.11% | 7,317 | $4.2M | Add +0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.99% | 6,683 | $3.7M | Add +5.2% |
| CRM Salesforce Inc. | 0.93% | 13,068 | $3.5M | Add +0.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.91% | 41,508 | $3.4M | Reduce -0.1% |
| COST Costco Wholesale Corp. | 0.82% | 3,271 | $3.1M | Add +1.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.76% | 10,401 | $2.9M | Add +4.2% |
| MRVL Marvell Technology Inc. | 0.73% | 44,747 | $2.8M | Add +1.4% |
| SPEM State Street SP PTF Em ETF | 0.72% | 69,087 | $2.7M | Add +1.4% |
| C Citigroup Inc. | 0.70% | 37,147 | $2.6M | Reduce -0.3% |
| ADBE Adobe Inc. | 0.63% | 6,220 | $2.4M | Add +0.1% |
| SPIB SS SPDR P Int C Corp. ETF | 0.58% | 65,540 | $2.2M | Add +9.5% |
| KO The Coca-Cola Co. | 0.58% | 30,417 | $2.2M | Reduce -0.0% |
| SPAB SS SPDR P Agg Bond ETF | 0.48% | 71,424 | $1.8M | Add +7.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.48% | 18,391 | $1.8M | Reduce -0.5% |
| MA Mastercard Inc. Class A | 0.46% | 3,199 | $1.8M | Reduce -1.7% |
| VZ Verizon Communications Inc. | 0.45% | 37,538 | $1.7M | Add +5.8% |
| RTX RTX Corp. | 0.42% | 12,065 | $1.6M | Reduce -0.4% |
| HON Honeywell International Inc. | 0.41% | 7,402 | $1.6M | Add +4.0% |
| TXN Texas Instruments Inc. | 0.36% | 7,483 | $1.3M | Reduce -0.1% |
| EBAY eBay Inc. | 0.34% | 18,804 | $1.3M | Reduce -0.1% |
| PG The Procter & Gamble Co. | 0.33% | 7,407 | $1.3M | Add +0.4% |
| TSLA Tesla Inc. | 0.32% | 4,659 | $1.2M | Reduce -0.9% |
| PYPL PayPal Holdings Inc. | 0.30% | 17,268 | $1.1M | Add +2.6% |
| SBUX Starbucks Corp. | 0.29% | 11,376 | $1.1M | Reduce -0.4% |
| CVX Chevron Corp. | 0.29% | 6,505 | $1.1M | Add +5.1% |
| WMT Walmart Inc. | 0.29% | 12,298 | $1.1M | Add +4.7% |
| NOC Northrop Grumman Corp. | 0.28% | 2,066 | $1.1M | Add +2.9% |
| NKE Nike Inc. Class B | 0.24% | 14,179 | $900K | Add +2.6% |
| USHY iShares Broad Usd High Yield | 0.23% | 24,075 | $886K | Reduce -11.6% |
| MDT Medtronic PLC | 0.23% | 9,595 | $862K | Add +2.5% |
| VGIT Vanguard Intermediate-Term T | 0.23% | 14,341 | $852K | Add +13.8% |
| WEC WEC Energy Group Inc. | 0.22% | 7,558 | $824K | Reduce -0.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.21% | 10,120 | $799K | Reduce -0.9% |
| XOM Exxon Mobil Corp. | 0.21% | 6,632 | $789K | Add +3.3% |
| AGGY Wisdomtree Yield Enhanced US | 0.20% | 17,424 | $757K | Add +4.2% |
| SPTS SS SPDR P St Term TSY ETF | 0.19% | 24,474 | $716K | Reduce -1.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.19% | 1,905 | $706K | Add +2.3% |
| GLD SPDR Gold Shares | 0.18% | 2,423 | $698K | No change |
| GOOGL Alphabet Inc. Class A | 0.18% | 4,347 | $672K | Reduce -0.9% |
| LMT Lockheed Martin Corp. | 0.16% | 1,360 | $607K | Add +119.7% |
| SMH Vaneck Semiconductor ETF | 0.15% | 2,765 | $585K | Add +4.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.15% | 879 | $582K | Add +35.9% |
| JNJ Johnson & Johnson | 0.15% | 3,363 | $558K | Add +1.4% |
| ROP Roper Technologies Inc. | 0.15% | 944 | $557K | Add +2.2% |
| IAU iShares Gold Trust | 0.14% | 9,195 | $542K | No change |
| VFH Vanguard Financials ETF | 0.14% | 4,486 | $536K | Add +0.4% |
| MMM 3M Co. | 0.14% | 3,566 | $524K | Add +0.0% |
| VHT Vanguard Health Care ETF | 0.14% | 1,951 | $516K | Add +0.4% |
| PFE Pfizer Inc. | 0.13% | 18,654 | $473K | Add +8.1% |
| SHAG Wsdmtree YLD En US St Agg | 0.12% | 9,575 | $456K | Reduce -2.1% |
| BP BP PLC-Spons ADR | 0.11% | 12,858 | $434K | Add +0.7% |
| AMD Advanced Micro Devices | 0.11% | 4,160 | $427K | Add +75.0% |
| DE Deere & Co. | 0.11% | 893 | $419K | Reduce -1.2% |
| KLAC KLA Corp. | 0.11% | 591 | $402K | No change |
| MCD McDonald's Corp. | 0.10% | 1,255 | $392K | Add +0.1% |
| T AT&T Inc. | 0.10% | 13,040 | $369K | Add +2.1% |
| UNH Unitedhealth Group Inc. | 0.09% | 676 | $354K | Add +1.2% |
| VAW Vanguard Materials ETF | 0.09% | 1,821 | $344K | Reduce -0.9% |
| NEE Nextera Energy Inc. | 0.09% | 4,654 | $330K | Add +123.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.09% | 1,970 | $327K | Add +19.2% |
| JEPI JPMorgan Equity Premium Inco | 0.08% | 5,611 | $321K | No change |
| VIS Vanguard Industrials ETF | 0.07% | 1,104 | $273K | Add +0.3% |
| WM Waste Management Inc. | 0.07% | 1,123 | $260K | Reduce -2.6% |
| ULST SS Ultra Short TM Bond ETF | 0.07% | 6,285 | $256K | Add +0.7% |
| KMB Kimberly-Clark Corp. | 0.06% | 1,721 | $245K | Add +0.2% |
| LRCX Lam Research Corp. | 0.06% | 3,309 | $241K | Add +4.1% |
| LNG Cheniere Energy Inc. | 0.06% | 1,016 | $235K | Add +0.1% |
| VYM Vanguard High DVD Yield ETF | 0.06% | 1,783 | $230K | Add +0.6% |
| LYB Lyondellbasell Indu Class A | 0.06% | 3,119 | $220K | Add +3.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.05% | 1,197 | $207K | Add +1.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.05% | 4,028 | $206K | Reduce -12.9% |
| XLK SS Technology Select Sector | 0.05% | 978 | $202K | Add +0.1% |
| WFC Wells Fargo & Co. | 0.05% | 2,756 | $198K | Add +0.4% |
| F Ford Motor Co. filed as FORD MTR CO | 0.05% | 18,657 | $187K | Add +9.2% |
| ACVF American Conservative Values | 0.05% | 4,340 | $186K | Add +0.1% |
| ROBO Robo Global Robotics and Aut filed as EXCHANGE TRADED CONCEPTS TRU | 0.05% | 3,438 | $177K | Reduce -2.9% |
| IBIT iShares Bitcoin Trust ETF | 0.04% | 3,569 | $167K | Add +1.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.04% | 389 | $163K | Add +0.3% |
| MU Micron Technology Inc. | 0.04% | 1,832 | $159K | Add +1521.2% |
| AVGO Broadcom Inc. | 0.04% | 937 | $157K | Add +59.1% |
| COP Conocophillips | 0.04% | 1,401 | $147K | Reduce -0.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $398 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | 32 | $398 | No change |
Total filed on the 13F, all lines: $378.2M.
Portfolio Sells Q4 2024 → Q1 2025
| QQQ Invesco QQQ Trust Series 1 | Reduce -64.3% | 1.23% | −2.47 |
| NVDA Nvidia Corp. | Reduce -2.0% | 6.10% | −1.49 |
| AAPL Apple Inc. | Reduce -2.9% | 6.78% | −0.96 |
| AMZN Amazon.com Inc. | Reduce -2.8% | 4.21% | −0.71 |
| GOOG Alphabet Inc. Class C | Reduce -1.0% | 2.67% | −0.56 |
| MSFT Microsoft Corp. | Reduce -0.5% | 4.15% | −0.46 |
| TSLA Tesla Inc. | Reduce -0.9% | 0.32% | −0.17 |
| DIS The Walt Disney Co. | Reduce -0.5% | 0.48% | −0.06 |
| VOO Vanguard S&P 500 ETF | Reduce -95.8% | 0.00% | −0.04 |
| GOOGL Alphabet Inc. Class A | Reduce -0.9% | 0.18% | −0.04 |
| USHY iShares Broad Usd High Yield | Reduce -11.6% | 0.23% | −0.03 |
| DAL Delta Air Lines Inc. | Reduce -93.4% | 0.00% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -0.1% | 0.36% | −0.01 |
| UAL United Airlines Holdings Inc. | Reduce -90.6% | 0.00% | −0.01 |
| SLX Vaneck Steel ETF | Sold out | 0.00% | −0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -12.9% | 0.05% | −0.01 |
| HTLF Heartland Financial USA Inc. | Sold out | 0.00% | −0.01 |
| HPF John Hancock Prefer Inc. II | Sold out | 0.00% | −0.01 |
| VTRS Viatris Inc. | Sold out | 0.00% | −0.01 |
| BA The Boeing Co. | Reduce -16.2% | 0.02% | −0.01 |
| BOTZ Global X Robotics & Artifici | Reduce -2.9% | 0.04% | −0.01 |
| ROBO Robo Global Robotics and Aut | Reduce -2.9% | 0.05% | −0.01 |
| VT Vanguard Tot World STK ETF | Sold out | 0.00% | −0.00 |
| XLY SS Consumer Disc Select Sect | Reduce -49.5% | 0.00% | −0.00 |
| HLN Haleon PLC-ADR | Reduce -58.7% | 0.00% | −0.00 |
| ALTM Arcadium Lithium PLC | Sold out | 0.00% | −0.00 |
| DHR Danaher Corp. | Reduce -75.9% | 0.00% | −0.00 |
| PRNDY Pernod Ricard SA - Spon ADR | Sold out | 0.00% | −0.00 |
| MTB M & T Bank Corp. | Sold out | 0.00% | −0.00 |
| CI The Cigna Group | Sold out | 0.00% | −0.00 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.00 |
| HUM Humana Inc. | Sold out | 0.00% | −0.00 |
| EWC iShares MSCI Canada ETF | Sold out | 0.00% | −0.00 |
| SWKS Skyworks Solutions Inc. | Sold out | 0.00% | −0.00 |
| RPRX Royalty Pharma PLC Class A | Sold out | 0.00% | −0.00 |
| DCI Donaldson Co. Inc. | Sold out | 0.00% | −0.00 |
| LUV Southwest Airlines Co. | Reduce -42.6% | 0.00% | −0.00 |
| SYY Sysco Corp. | Reduce -65.5% | 0.00% | −0.00 |
| EIX Edison International | Sold out | 0.00% | −0.00 |
| GEV GE Vernova Inc. | Reduce -95.2% | 0.00% | −0.00 |
| ABT Abbott Laboratories | Reduce -55.6% | 0.00% | −0.00 |
| FQVLF First Quantum Minerals Ltd. | Sold out | 0.00% | −0.00 |
| SRE Sempra | Sold out | 0.00% | −0.00 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −0.00 |
| APD Air Products & Chemicals Inc. | Reduce -30.3% | 0.00% | −0.00 |
| ALSN Allison Transmission Holding | Sold out | 0.00% | −0.00 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.00 |
| HOG Harley-Davidson Inc. | Reduce -53.9% | 0.00% | −0.00 |
| SCHW Schwab (charles) Corp. | Reduce -58.2% | 0.00% | −0.00 |
| SPG Simon Property Group Inc. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| VGSH Vanguard Short-Term Treasury | Add +56.0% | 7.51% | +2.81 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +47.9% | 6.15% | +2.07 |
| VCIT Vanguard Int-Term Corporate | Add +3.3% | 6.42% | +0.42 |
| AAAU Goldman Sachs Physical Gold | Add +0.1% | 1.22% | +0.21 |
| GBIL Goldman Sachs Access Treasur | Add +14.8% | 1.29% | +0.19 |
| CGMS Cap Group US Multi-Sect Bond | Add +1.9% | 5.29% | +0.19 |
| SHV iShares 0-1 Year Treasury Bo | Add +0.6% | 3.33% | +0.08 |
| LMT Lockheed Martin Corp. | Add +119.7% | 0.16% | +0.08 |
| VZ Verizon Communications Inc. | Add +5.8% | 0.45% | +0.08 |
| SPIB SS SPDR P Int C Corp. ETF | Add +9.5% | 0.58% | +0.07 |
| CVX Chevron Corp. | Add +5.1% | 0.29% | +0.05 |
| SPAB SS SPDR P Agg Bond ETF | Add +7.2% | 0.48% | +0.05 |
| NEE Nextera Energy Inc. | Add +123.0% | 0.09% | +0.05 |
| COST Costco Wholesale Corp. | Add +1.1% | 0.82% | +0.05 |
| MU Micron Technology Inc. | Add +1521.2% | 0.04% | +0.04 |
| SPEM State Street SP PTF Em ETF | Add +1.4% | 0.72% | +0.04 |
| AMD Advanced Micro Devices | Add +75.0% | 0.11% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | Add +35.9% | 0.15% | +0.04 |
| VGIT Vanguard Intermediate-Term T | Add +13.8% | 0.23% | +0.04 |
| NOC Northrop Grumman Corp. | Add +2.9% | 0.28% | +0.03 |
| MDT Medtronic PLC | Add +2.5% | 0.23% | +0.03 |
| XOM Exxon Mobil Corp. | Add +3.3% | 0.21% | +0.03 |
| JNJ Johnson & Johnson | Add +1.4% | 0.15% | +0.02 |
| ROP Roper Technologies Inc. | Add +2.2% | 0.15% | +0.02 |
| T AT&T Inc. | Add +2.1% | 0.10% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.2% | 0.99% | +0.02 |
| MMM 3M Co. | Add +0.0% | 0.14% | +0.02 |
| BP BP PLC-Spons ADR | Add +0.7% | 0.11% | +0.02 |
| AGGY Wisdomtree Yield Enhanced US | Add +4.2% | 0.20% | +0.01 |
| ITOT iShares Core S&P Total U.S. | New | 0.01% | +0.01 |
| PG The Procter & Gamble Co. | Add +0.4% | 0.33% | +0.01 |
| WMT Walmart Inc. | Add +4.7% | 0.29% | +0.01 |
| MCD McDonald's Corp. | Add +0.1% | 0.10% | +0.01 |
| VHT Vanguard Health Care ETF | Add +0.4% | 0.14% | +0.01 |
| TMUS T-Mobile US Inc. | Add +3.4% | 0.03% | +0.01 |
| KMB Kimberly-Clark Corp. | Add +0.2% | 0.06% | +0.01 |
| UMBF Umb Financial Corp. | New | 0.01% | +0.01 |
| AVGO Broadcom Inc. | Add +59.1% | 0.04% | +0.01 |
| PFE Pfizer Inc. | Add +8.1% | 0.13% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +1.2% | 0.09% | +0.01 |
| F Ford Motor Co. | Add +9.2% | 0.05% | +0.01 |
| LNG Cheniere Energy Inc. | Add +0.1% | 0.06% | +0.01 |
| MO Altria Group Inc. | Add +2.0% | 0.03% | +0.01 |
| SLV iShares Silver Trust | Add +1.9% | 0.03% | +0.01 |
| VFH Vanguard Financials ETF | Add +0.4% | 0.14% | +0.00 |
| LRCX Lam Research Corp. | Add +4.1% | 0.06% | +0.00 |
| LLY Eli Lilly & Co. | Add +12.6% | 0.02% | +0.00 |
| VRT Vertiv Holdings Co. Class A | New | 0.00% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +4.2% | 0.76% | +0.00 |
| VLO Valero Energy Corp. | Add +0.8% | 0.04% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 562 | $481.4M | SPTM, NVDA, AAPL, VGSH, VCIT |
| Q1 2026 | 525 | $438.0M | SPTM, NVDA, VGSH, AAPL, VCIT |
| Q4 2025 | 515 | $452.1M | SPTM, NVDA, AAPL, VGSH, VCIT |
| Q3 2025 | 517 | $444.4M | SPTM, NVDA, VGSH, AAPL, VCIT |
| Q2 2025 | 509 | $409.6M | SPTM, NVDA, VGSH, VCIT, AAPL |
| Q1 2025 | 503 | $378.2M | SPTM, VGSH, AAPL, VCIT, BIL |
| Q4 2024 | 553 | $384.5M | SPTM, AAPL, NVDA, VCIT, CGMS |
| Q3 2024 | 467 | $361.6M | SPTM, AAPL, NVDA, VCIT, MSFT |
| Q2 2024 | 459 | $349.7M | SPTM, NVDA, AAPL, MSFT, VCIT |
| Q1 2024 | 450 | $327.4M | SPTM, NVDA, AAPL, MSFT, VCIT |