Winch Advisory Services, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 3, 2026), Winch Advisory Services, LLC reported 515 stock positions worth $452.1 million. Its top holding was SS SPDR P S&P 1500 Comp ETF (SPTM) at 10.9% of the portfolio, followed by Nvidia (NVDA, 8.0%) and Apple (AAPL, 6.5%). Compared with Q3 2025, it opened 10 new positions, sold out of 14, added to 183 and reduced 80. The biggest buy was Goldman Sachs Access Treasur (GBIL, shares +47%) and the biggest sale Nvidia (NVDA, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- Appleton, WI
- CIK
- 0001585822
- Portfolio Value
- $452.1M (Q4 2025)
- SEC Filing
- 0001580642-26-000668 ↗ filed Feb 3, 2026
Holdings Value
Holdings 515 stocks · $452.1M
| SPTM SS SPDR P S&P 1500 Comp ETF | 10.89% | 596,924 | $49.2M | Add +2.0% |
| NVDA Nvidia Corp. | 8.00% | 193,890 | $36.2M | Reduce -7.0% |
| AAPL Apple Inc. | 6.54% | 108,792 | $29.6M | Reduce -3.0% |
| VGSH Vanguard Short-Term Treasury | 6.48% | 498,840 | $29.3M | Add +2.7% |
| VCIT Vanguard Int-Term Corporate | 5.90% | 318,380 | $26.7M | Add +3.0% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 4.98% | 246,342 | $22.5M | Add +2.5% |
| CGMS Cap Group US Multi-Sect Bond | 4.72% | 772,082 | $21.3M | Add +2.8% |
| GOOG Alphabet Inc. Class C | 4.33% | 62,413 | $19.6M | Reduce -3.2% |
| MSFT Microsoft Corp. | 4.27% | 39,883 | $19.3M | Reduce -1.9% |
| AMZN Amazon.com Inc. | 4.14% | 81,176 | $18.7M | Reduce -1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.76% | 24,868 | $12.5M | Reduce -0.5% |
| SHV iShares 0-1 Year Treasury Bo | 2.63% | 107,912 | $11.9M | Reduce -1.0% |
| GBIL Goldman Sachs Access Treasur | 2.60% | 117,486 | $11.7M | Add +47.3% |
| JPM JPMorgan Chase & Co. | 1.72% | 24,146 | $7.8M | Reduce -1.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.44% | 10,579 | $6.5M | Add +2.2% |
| V Visa Inc. Class A | 1.41% | 18,237 | $6.4M | Reduce -2.6% |
| AAAU Goldman Sachs Physical Gold | 1.39% | 147,877 | $6.3M | Reduce -0.5% |
| SYK Stryker Corp. | 1.12% | 14,363 | $5.0M | Reduce -1.1% |
| NFLX Netflix Inc. | 1.09% | 52,710 | $4.9M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.08% | 7,144 | $4.9M | Add +0.2% |
| META Meta Platforms Inc. Class A | 1.07% | 7,353 | $4.9M | Reduce -0.1% |
| C Citigroup Inc. | 0.95% | 36,925 | $4.3M | Reduce -1.2% |
| ORCL Oracle Corp. | 0.86% | 24,502 | $3.9M | Reduce -24.0% |
| SPEM State Street SP PTF Em ETF | 0.76% | 73,756 | $3.5M | Add +3.9% |
| SHY iShares 1-3 Year Treasury Bo | 0.76% | 41,611 | $3.4M | Reduce -0.1% |
| CRM Salesforce Inc. | 0.72% | 12,371 | $3.3M | Reduce -4.0% |
| MRVL Marvell Technology Inc. | 0.70% | 37,301 | $3.2M | Reduce -12.6% |
| COST Costco Wholesale Corp. | 0.68% | 3,556 | $3.1M | Add +4.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.55% | 7,445 | $2.5M | Reduce -28.2% |
| SPIB SS SPDR P Int C Corp. ETF | 0.54% | 72,170 | $2.4M | Add +6.4% |
| RTX RTX Corp. | 0.47% | 11,596 | $2.1M | Reduce -1.6% |
| KO The Coca-Cola Co. | 0.47% | 30,108 | $2.1M | Reduce -0.8% |
| TSLA Tesla Inc. | 0.46% | 4,624 | $2.1M | Reduce -6.3% |
| SPAB SS SPDR P Agg Bond ETF | 0.45% | 78,591 | $2.0M | Add +3.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.43% | 16,945 | $1.9M | Reduce -4.4% |
| MA Mastercard Inc. Class A | 0.40% | 3,151 | $1.8M | Reduce -2.1% |
| ADBE Adobe Inc. | 0.39% | 5,041 | $1.8M | Reduce -16.8% |
| VZ Verizon Communications Inc. | 0.38% | 42,087 | $1.7M | Add +2.8% |
| EBAY eBay Inc. | 0.35% | 18,196 | $1.6M | Reduce -3.1% |
| WMT Walmart Inc. | 0.33% | 13,266 | $1.5M | Reduce -0.6% |
| HON Honeywell International Inc. | 0.32% | 7,377 | $1.4M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 0.29% | 4,175 | $1.3M | Reduce -1.1% |
| NOC Northrop Grumman Corp. | 0.27% | 2,146 | $1.2M | Add +2.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.26% | 2,404 | $1.2M | Add +3.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.25% | 1,064 | $1.1M | Add +3.4% |
| VGIT Vanguard Intermediate-Term T | 0.25% | 18,561 | $1.1M | Add +14.9% |
| PG The Procter & Gamble Co. | 0.24% | 7,682 | $1.1M | Add +0.2% |
| TXN Texas Instruments Inc. | 0.24% | 6,272 | $1.1M | Reduce -14.1% |
| CVX Chevron Corp. | 0.24% | 6,996 | $1.1M | Reduce -0.2% |
| SMH Vaneck Semiconductor ETF | 0.23% | 2,942 | $1.1M | Add +0.3% |
| AMD Advanced Micro Devices | 0.23% | 4,914 | $1.1M | Add +0.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.21% | 12,099 | $965K | Add +17.1% |
| USHY iShares Broad Usd High Yield | 0.21% | 24,916 | $932K | Add +2.3% |
| PYPL PayPal Holdings Inc. | 0.20% | 15,638 | $913K | Reduce -5.6% |
| GLD SPDR Gold Shares | 0.20% | 2,273 | $901K | No change |
| MDT Medtronic PLC | 0.19% | 8,934 | $858K | Reduce -4.6% |
| SBUX Starbucks Corp. | 0.18% | 9,874 | $831K | Reduce -10.3% |
| WEC WEC Energy Group Inc. | 0.18% | 7,746 | $817K | Add +0.8% |
| AGGY Wisdomtree Yield Enhanced US | 0.18% | 18,516 | $816K | Add +1.6% |
| MU Micron Technology Inc. | 0.18% | 2,831 | $808K | Add +9.4% |
| XOM Exxon Mobil Corp. | 0.18% | 6,685 | $804K | Reduce -0.9% |
| LMT Lockheed Martin Corp. | 0.17% | 1,571 | $760K | Add +1.6% |
| SPTS SS SPDR P St Term TSY ETF | 0.16% | 25,257 | $740K | Add +1.3% |
| KLAC KLA Corp. | 0.16% | 592 | $719K | No change |
| JNJ Johnson & Johnson | 0.15% | 3,363 | $696K | Reduce -4.3% |
| NKE Nike Inc. Class B | 0.15% | 10,895 | $694K | Reduce -20.1% |
| IAU iShares Gold Trust | 0.15% | 8,375 | $680K | Reduce -8.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.14% | 2,085 | $634K | Reduce -0.3% |
| VFH Vanguard Financials ETF | 0.13% | 4,470 | $597K | Reduce -1.0% |
| UNH Unitedhealth Group Inc. | 0.13% | 1,778 | $587K | Add +2.8% |
| MMM 3M Co. | 0.13% | 3,567 | $571K | No change |
| VHT Vanguard Health Care ETF | 0.12% | 1,945 | $560K | Add +0.1% |
| AVGO Broadcom Inc. | 0.11% | 1,489 | $515K | Add +6.9% |
| LRCX Lam Research Corp. | 0.11% | 2,983 | $511K | Reduce -10.4% |
| SHAG Wsdmtree YLD En US St Agg | 0.10% | 9,862 | $474K | Add +1.1% |
| NEE Nextera Energy Inc. | 0.10% | 5,759 | $462K | Add +13.7% |
| BP BP PLC-Spons ADR | 0.10% | 13,119 | $456K | Reduce -0.5% |
| PFE Pfizer Inc. | 0.09% | 17,002 | $423K | Reduce -6.0% |
| JEPI JPMorgan Equity Premium Inco | 0.09% | 6,922 | $396K | No change |
| DE Deere & Co. | 0.09% | 839 | $390K | Reduce -3.7% |
| T AT&T Inc. | 0.08% | 15,261 | $379K | Reduce -0.7% |
| VAW Vanguard Materials ETF | 0.08% | 1,809 | $376K | Add +0.4% |
| MCD McDonald's Corp. | 0.08% | 1,225 | $374K | Add +0.3% |
| VOO Vanguard S&P 500 ETF | 0.08% | 590 | $370K | Add +6.3% |
| ROP Roper Technologies Inc. | 0.08% | 779 | $347K | Reduce -14.7% |
| VIS Vanguard Industrials ETF | 0.07% | 1,113 | $332K | Add +0.3% |
| VYM Vanguard High DVD Yield ETF | 0.07% | 2,132 | $306K | Add +1.3% |
| XLK SS Technology Select Sector | 0.06% | 1,962 | $282K | Add +0.1% |
| SLV iShares Silver Trust | 0.06% | 4,381 | $282K | Add +5.8% |
| WFC Wells Fargo & Co. | 0.06% | 2,797 | $261K | Add +0.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.06% | 1,312 | $251K | Add +0.5% |
| F Ford Motor Co. filed as FORD MTR CO | 0.05% | 18,492 | $243K | Reduce -3.0% |
| ULST SS Ultra Short TM Bond ETF | 0.05% | 5,910 | $239K | Reduce -8.0% |
| WM Waste Management Inc. | 0.05% | 1,078 | $237K | Add +0.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.05% | 3,887 | $221K | Add +0.5% |
| ACVF American Conservative Values | 0.05% | 4,357 | $215K | Add +0.1% |
| LNG Cheniere Energy Inc. | 0.05% | 1,090 | $212K | Add +0.2% |
| AGNC AGNC Investment Corp. | 0.04% | 18,988 | $204K | Add +3.5% |
| ITA iShares U.S. Aerospace & Def | 0.04% | 921 | $198K | Add +2.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.04% | 391 | $188K | No change |
Other holdings (4): bonds, preferreds, convertibles and warrants · $252 (not counted above)
Total filed on the 13F, all lines: $452.1M.
Portfolio Sells Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Reduce -7.0% | 8.00% | −0.75 |
| MSFT Microsoft Corp. | Reduce -1.9% | 4.27% | −0.47 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -28.2% | 0.55% | −0.21 |
| META Meta Platforms Inc. Class A | Reduce -0.1% | 1.07% | −0.14 |
| MRVL Marvell Technology Inc. | Reduce -12.6% | 0.70% | −0.11 |
| SYK Stryker Corp. | Reduce -1.1% | 1.12% | −0.09 |
| ADBE Adobe Inc. | Reduce -16.8% | 0.39% | −0.09 |
| ORCL Oracle Corp. | Reduce -24.0% | 0.86% | −0.08 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -1.0% | 2.63% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.5% | 2.76% | −0.06 |
| TXN Texas Instruments Inc. | Reduce -14.1% | 0.24% | −0.06 |
| NKE Nike Inc. Class B | Reduce -20.1% | 0.15% | −0.06 |
| PYPL PayPal Holdings Inc. | Reduce -5.6% | 0.20% | −0.05 |
| EBAY eBay Inc. | Reduce -3.1% | 0.35% | −0.03 |
| TSLA Tesla Inc. | Reduce -6.3% | 0.46% | −0.03 |
| HON Honeywell International Inc. | Reduce -0.3% | 0.32% | −0.03 |
| DIS The Walt Disney Co. | Reduce -4.4% | 0.43% | −0.03 |
| ROP Roper Technologies Inc. | Reduce -14.7% | 0.08% | −0.03 |
| SBUX Starbucks Corp. | Reduce -10.3% | 0.18% | −0.03 |
| V Visa Inc. Class A | Reduce -2.6% | 1.41% | −0.02 |
| ROBO Robo Global Robotics and Aut | Reduce -44.0% | 0.03% | −0.02 |
| SOLS Solstice Adv Materials Inc. | Reduce -98.4% | 0.00% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -1.4% | 1.72% | −0.02 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -0.1% | 0.76% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -2.1% | 0.40% | −0.01 |
| T AT&T Inc. | Reduce -0.7% | 0.08% | −0.01 |
| MDT Medtronic PLC | Reduce -4.6% | 0.19% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -26.0% | 0.03% | −0.01 |
| PFE Pfizer Inc. | Reduce -6.0% | 0.09% | −0.01 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -25.3% | 0.03% | −0.01 |
| CVX Chevron Corp. | Reduce -0.2% | 0.24% | −0.01 |
| MO Altria Group Inc. | Reduce -6.3% | 0.03% | −0.01 |
| ULST SS Ultra Short TM Bond ETF | Reduce -8.0% | 0.05% | −0.01 |
| OXY Occidental Petroleum Corp. | Reduce -9.9% | 0.02% | −0.01 |
| LYB Lyondellbasell Indu Class A | Reduce -7.4% | 0.02% | −0.01 |
| DE Deere & Co. | Reduce -3.7% | 0.09% | −0.00 |
| MSI Motorola Solutions Inc. | Reduce -18.1% | 0.01% | −0.00 |
| DAL Delta Air Lines Inc. | Sold out | 0.00% | −0.00 |
| BIBL Inspire 100 ETF | Reduce -25.4% | 0.01% | −0.00 |
| VWO Vanguard Ftse Emerging Marke | Reduce -11.3% | 0.02% | −0.00 |
| HBAN Huntington Bancshares Inc. | Reduce -10.8% | 0.02% | −0.00 |
| KHC The Kraft Heinz Co. | Reduce -5.7% | 0.01% | −0.00 |
| SVAL iShares US Small Cap Val Fac | Reduce -61.5% | 0.00% | −0.00 |
| TPR Tapestry Inc. | Reduce -45.9% | 0.00% | −0.00 |
| UMBF Umb Financial Corp. | Sold out | 0.00% | −0.00 |
| BP BP PLC-Spons ADR | Reduce -0.5% | 0.10% | −0.00 |
| FIS Fidelity National Info Serv | Reduce -6.2% | 0.02% | −0.00 |
| TGT Target Corp. | Reduce -38.3% | 0.00% | −0.00 |
| EVGO Evgo Inc. | Sold out | 0.00% | −0.00 |
| VFH Vanguard Financials ETF | Reduce -1.0% | 0.13% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| GBIL Goldman Sachs Access Treasur | Add +47.3% | 2.60% | +0.80 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +2.0% | 10.89% | +0.27 |
| MU Micron Technology Inc. | Add +9.4% | 0.18% | +0.08 |
| AMD Advanced Micro Devices | Add +0.3% | 0.23% | +0.05 |
| VCIT Vanguard Int-Term Corporate | Add +3.0% | 5.90% | +0.05 |
| VGSH Vanguard Short-Term Treasury | Add +2.7% | 6.48% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.2% | 1.44% | +0.04 |
| VGIT Vanguard Intermediate-Term T | Add +14.9% | 0.25% | +0.03 |
| ASML ASML Holding NV-NY Reg SHS | Add +3.4% | 0.25% | +0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +17.1% | 0.21% | +0.03 |
| CGMS Cap Group US Multi-Sect Bond | Add +2.8% | 4.72% | +0.03 |
| SLV iShares Silver Trust | Add +5.8% | 0.06% | +0.02 |
| SPIB SS SPDR P Int C Corp. ETF | Add +6.4% | 0.54% | +0.02 |
| CEG Constellation Energy | New | 0.02% | +0.02 |
| NLR Vaneck Urani & Nuclr ETF-Usd | New | 0.02% | +0.02 |
| AKRE Akre Focus ETF | New | 0.02% | +0.02 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +2.5% | 4.98% | +0.02 |
| SMH Vaneck Semiconductor ETF | Add +0.3% | 0.23% | +0.02 |
| NEE Nextera Energy Inc. | Add +13.7% | 0.10% | +0.02 |
| SPEM State Street SP PTF Em ETF | Add +3.9% | 0.76% | +0.02 |
| AVGO Broadcom Inc. | Add +6.9% | 0.11% | +0.01 |
| VHT Vanguard Health Care ETF | Add +0.1% | 0.12% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.2% | 1.08% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +3.3% | 0.26% | +0.01 |
| SPAB SS SPDR P Agg Bond ETF | Add +3.9% | 0.45% | +0.01 |
| FCX Freeport-McMoran Inc. | Add +0.3% | 0.03% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +6.3% | 0.08% | +0.01 |
| WFC Wells Fargo & Co. | Add +0.5% | 0.06% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +12.8% | 0.04% | +0.00 |
| AGNC AGNC Investment Corp. | Add +3.5% | 0.04% | +0.00 |
| CSCO Cisco Systems Inc. | Add +0.5% | 0.03% | +0.00 |
| AMP Ameriprise Financial Inc. | New | 0.00% | +0.00 |
| ASH Ashland Inc. | Add +0.3% | 0.01% | +0.00 |
| AA Alcoa Corp. | Add +37.0% | 0.00% | +0.00 |
| INTC Intel Corp. | Add +28.3% | 0.01% | +0.00 |
| XME SS SPDR S&P Metals Mining | Add +11.8% | 0.01% | +0.00 |
| MRK Merck & Co. Inc. | Add +0.3% | 0.01% | +0.00 |
| XLV SS Health Care Select Sector | Add +0.2% | 0.02% | +0.00 |
| UPS United Parcel Service Class B | Add +1.5% | 0.01% | +0.00 |
| ITA iShares U.S. Aerospace & Def | Add +2.7% | 0.04% | +0.00 |
| SNDR Schneider National Inc. Class B | Add +0.4% | 0.01% | +0.00 |
| VEA Vanguard Ftse Developed ETF | Add +56.8% | 0.00% | +0.00 |
| BAC Bank of America Corp. | Add +0.5% | 0.02% | +0.00 |
| UUUU Energy Fuels Inc. | Add +107.0% | 0.00% | +0.00 |
| IONQ Ionq Inc. | Add +510.0% | 0.00% | +0.00 |
| VYM Vanguard High DVD Yield ETF | Add +1.3% | 0.07% | +0.00 |
| MP MP Materials Corp. | Add +76.1% | 0.00% | +0.00 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +15.6% | 0.01% | +0.00 |
| JCI Johnson Controls Internation | Add +0.2% | 0.01% | +0.00 |
| PSA Public Storage | Add +21.4% | 0.01% | +0.00 |
Notes & Other Activity Q3 2025 → Q4 2025
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 16 | $14 |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 16 | $8 |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 16 | $6 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |