Winthrop Advisory Group LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 8, 2025), Winthrop Advisory Group LLC reported 156 stock positions worth $831.9 million. Its top holding was iShares Core S&P Total U.S. (ITOT) at 12.0% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 11.1%) and iShares Russell 1000 ETF (IWB, 8.5%). Compared with Q4 2024, it opened 12 new positions, sold out of 12, added to 44 and reduced 80. The biggest buy was a new position in iShares Ultra Short Duration (ICSH) and the biggest sale iShares Russell 1000 ETF (IWB, shares −8%).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001739043
Portfolio Value
$831.9M (Q1 2025)
SEC Filing
0001739043-25-000003 ↗ filed Apr 8, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $691.3M Q1 2024 Q2 2024: $735.6M Q2 2024 Q3 2024: $809.0M Q3 2024 Q4 2024: $833.3M Q4 2024 Q1 2025: $831.9M $831.9M Q1 2025 Q2 2025: $1.0B Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.5B Q2 2026

Holdings 156 stocks · $831.9M
ITOT iShares Core S&P Total U.S. 11.96% 815,720 $99.5M Add +0.1%
IVV iShares Core S&P 500 ETF 11.07% 163,813 $92.0M Reduce -1.3%
IWB iShares Russell 1000 ETF 8.49% 230,155 $70.6M Reduce -8.1%
QQQ Invesco QQQ Trust Series 1 7.15% 126,712 $59.5M Add +3.2%
ICSH iShares Ultra Short Duration 6.91% 1,134,105 $57.5M New
ACWX iShares MSCI Acwi Ex US ETF 6.14% 920,403 $51.0M Add +21.5%
VTI VG Morningstar TS MKT ETF-US 5.57% 168,524 $46.3M Reduce -1.9%
AAPL Apple Inc. 4.02% 150,623 $33.5M Reduce -2.6%
SCHB Schwab US Broad Market ETF 3.71% 1,432,582 $30.8M Reduce -3.0%
SPTM SS SPDR P S&P 1500 Comp ETF 3.47% 424,904 $28.9M Reduce -6.7%
IWF iShares Russell 1000 Growth 1.82% 41,986 $15.2M Reduce -16.2%
SPY SS SPDR S&P 500 ETF Trust-US 1.81% 26,834 $15.1M Reduce -15.8%
DGRW Wisdomtree U.S. Quality Divi 1.79% 186,558 $14.9M Add +36.1%
IJH iShares Core S&P Midcap ETF 1.59% 226,381 $13.2M Reduce -4.4%
MSFT Microsoft Corp. 1.42% 31,388 $11.8M Reduce -14.8%
VXF Vanguard Extended Market ETF 1.41% 68,148 $11.7M Reduce -3.9%
DFAC Dimensional US Core Equity 2 1.31% 330,150 $10.9M Reduce -2.2%
SCHD Schwab US DVD Equity ETF 1.21% 360,170 $10.1M Reduce -3.1%
VTEB Vanguard Tax-Exempt Bond ETF 1.09% 183,194 $9.1M Add +817.0%
AMZN Amazon.com Inc. 0.87% 37,966 $7.2M Reduce -91.6%
LPLA LPL Financial Holdings Inc. 0.81% 20,579 $6.7M Reduce -1.8%
VWO Vanguard Ftse Emerging Marke 0.63% 115,907 $5.2M Reduce -7.6%
IWV iShares Russell 3000 ETF 0.57% 14,887 $4.7M Reduce -23.3%
BRK.B Berkshire Hathaway Inc. Class B 0.56% 8,808 $4.7M Add +0.5%
JPST JPMorgan Ultra-Short Income 0.54% 88,422 $4.5M Reduce -9.3%
JPM JPMorgan Chase & Co. 0.52% 17,598 $4.3M Reduce -3.6%
SCHX Schwab US Large-Cap ETF 0.50% 188,634 $4.2M Reduce -1.2%
GSIE Goldman Sachs Activebeta Int 0.46% 108,355 $3.9M Reduce -10.7%
META Meta Platforms Inc. Class A 0.44% 6,349 $3.7M Reduce -10.6%
IVW iShares S&P 500 Growth ETF 0.43% 38,204 $3.5M Reduce -14.4%
HD Home Depot Inc. 0.42% 9,499 $3.5M Reduce -7.3%
VIG Vanguard Dividend Apprec ETF 0.40% 17,128 $3.3M Reduce -17.1%
IWD iShares Russell 1000 Value E 0.40% 17,606 $3.3M Add +0.8%
IEMG iShares Core MSCI Emerging 0.40% 61,297 $3.3M Reduce -0.2%
NVDA Nvidia Corp. 0.39% 29,875 $3.2M Reduce -10.3%
V Visa Inc. Class A 0.38% 9,015 $3.2M Reduce -7.2%
GOOGL Alphabet Inc. Class A 0.34% 18,388 $2.8M Reduce -10.2%
SPYG SS SPDR P S&P 500 Growth ETF 0.32% 33,370 $2.7M Reduce -1.7%
MDY State Street SPDR S&P Midcap 0.30% 4,711 $2.5M No change
GOOG Alphabet Inc. Class C 0.27% 14,568 $2.3M Reduce -11.1%
VOO Vanguard S&P 500 ETF 0.26% 4,251 $2.2M Reduce -11.8%
WMT Walmart Inc. 0.26% 24,429 $2.2M Reduce -1.0%
TSLA Tesla Inc. 0.24% 7,839 $2.0M Reduce -4.4%
PG The Procter & Gamble Co. 0.21% 10,066 $1.7M Add +2.0%
DFUS Dimensional US Eq MKT ETF 0.20% 27,488 $1.7M Add +0.1%
QQQM Invesco Nasdaq 100 ETF 0.20% 8,571 $1.7M Add +64.5%
JNJ Johnson & Johnson 0.19% 9,407 $1.6M Add +4.3%
SUSA iShares ESG Optimized MSCI U 0.18% 12,766 $1.5M Reduce -4.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.17% 8,338 $1.4M Reduce -3.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.17% 14,283 $1.4M Reduce -0.9%
LLY Eli Lilly & Co. 0.17% 1,685 $1.4M Add +0.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.15% 30,307 $1.3M Reduce -7.8%
AVGO Broadcom Inc. 0.13% 6,677 $1.1M Add +3.7%
CI The Cigna Group 0.13% 3,303 $1.1M Reduce -5.7%
MA Mastercard Inc. Class A 0.13% 1,970 $1.1M Reduce -28.1%
VUG Vanguard Mrngstar GR ETF-Sui 0.13% 2,858 $1.1M Add +0.3%
DVY iShares Select Dividend ETF 0.13% 7,790 $1.0M Reduce -12.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.11% 3,740 $930K Reduce -18.9%
PEP Pepsico Inc. 0.11% 6,117 $917K Add +3.4%
VYM Vanguard High DVD Yield ETF 0.11% 7,101 $916K Reduce -8.7%
COST Costco Wholesale Corp. 0.11% 945 $894K Reduce -16.2%
SBUX Starbucks Corp. 0.11% 9,109 $894K Reduce -18.4%
IWR iShares Russell Mid-Cap ETF 0.11% 10,482 $892K Add +0.1%
ACWI iShares MSCI Acwi ETF 0.10% 7,448 $867K Add +11.9%
OBDC Blue Owl Capital Corp. 0.10% 57,214 $860K Reduce -0.6%
MCD McDonald's Corp. 0.10% 2,611 $816K Add +1.8%
CVX Chevron Corp. 0.09% 4,576 $765K Reduce -3.1%
ORCL Oracle Corp. 0.09% 5,461 $764K Add +9.1%
MRK Merck & Co. Inc. 0.09% 8,299 $752K Reduce -7.1%
VXUS Vanguard Total Intl Stock 0.09% 11,475 $713K Add +8.6%
TT Trane Technologies PLC 0.08% 2,091 $705K No change
KLAC KLA Corp. 0.08% 1,026 $698K Reduce -1.9%
CAT Caterpillar Inc. 0.08% 2,015 $665K Add +0.1%
ABBV Abbvie Inc. 0.08% 3,105 $651K Reduce -30.9%
GLD SPDR Gold Shares 0.08% 2,216 $638K Reduce -14.3%
UNH Unitedhealth Group Inc. 0.07% 1,186 $621K Reduce -8.8%
MKL Markel Group Inc. 0.07% 327 $611K No change
NFLX Netflix Inc. 0.07% 638 $595K Add +2.1%
ACN Accenture PLC Class A 0.07% 1,863 $581K Reduce -0.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.07% 2,259 $581K Add +0.2%
AGG iShares Core U.S. Aggregate 0.07% 5,864 $580K Reduce -36.9%
T AT&T Inc. 0.07% 20,464 $579K Reduce -0.4%
IWM iShares Russell 2000 ETF 0.07% 2,888 $576K Add +9.5%
LUV Southwest Airlines Co. 0.07% 17,000 $574K No change
XLK SS Technology Select Sector 0.07% 2,684 $554K Reduce -19.0%
NOW ServiceNow Inc. 0.07% 692 $551K Add +9.3%
CRM Salesforce Inc. 0.06% 2,000 $537K Add +2.6%
RTX RTX Corp. 0.06% 4,051 $537K Add +0.8%
CSCO Cisco Systems Inc. 0.06% 8,677 $535K Reduce -5.9%
XOM Exxon Mobil Corp. 0.06% 4,498 $535K Reduce -64.1%
MUB iShares National Muni Bond E 0.06% 4,829 $509K Reduce -27.6%
SHOP Shopify Inc. Class A 0.06% 5,320 $508K Add +4.9%
UPS United Parcel Service Class B 0.06% 4,448 $489K Reduce -4.9%
BA The Boeing Co. 0.06% 2,806 $479K Reduce -9.9%
IAK iShares U.S. Insurance ETF 0.06% 3,452 $476K Add +12.6%
EMR Emerson Electric Co. 0.06% 4,283 $470K Add +1.5%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.06% 4,231 $460K Reduce -42.5%
XLE SS Energy Select Sector 0.05% 4,606 $430K Reduce -21.1%
AMAT Applied Materials Inc. 0.05% 2,738 $397K Add +10.4%
INTU Intuit Inc. 0.05% 645 $396K Reduce -3.0%
HON Honeywell International Inc. 0.05% 1,863 $395K Add +14.9%
ABT Abbott Laboratories 0.05% 2,913 $386K Reduce -9.7%
PFE Pfizer Inc. 0.05% 14,889 $377K Reduce -4.0%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.04% 882 $371K No change
LULU Lululemon Athletica Inc. 0.04% 1,306 $370K Reduce -3.8%
IJR iShares Core S&P Small-Cap E 0.04% 3,477 $364K Add +1.4%
LYV Live Nation Entertainment Inc. 0.04% 2,727 $356K No change
DKNG Draftkings Inc. Class A 0.04% 10,652 $354K No change
XLF SS Financial Select Sector 0.04% 6,774 $337K Add +20.4%
HUBS HubSpot Inc. 0.04% 582 $332K Reduce -4.1%
KO The Coca-Cola Co. 0.04% 4,554 $328K Reduce -0.7%
MS Morgan Stanley 0.04% 2,789 $325K New
GE General Electric filed as GE AEROSPACE 0.04% 1,601 $321K Reduce -5.2%
ACVA Acv Auctions Inc. Class A 0.04% 22,500 $317K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.04% 5,959 $312K New
BABA Alibaba Group Holding-SP ADR 0.04% 2,311 $306K Reduce -32.3%
SYY Sysco Corp. 0.04% 3,975 $298K No change
IEFA iShares Core MSCI Eafe ETF 0.04% 3,896 $295K Add +6.3%
PFF iShares Preferred & Income S 0.03% 9,295 $286K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.03% 2,323 $283K Add +3.3%
EW Edwards Lifesciences Corp. 0.03% 3,801 $275K No change
CTAS Cintas Corp. 0.03% 1,337 $275K Reduce -20.8%
VZ Verizon Communications Inc. 0.03% 6,028 $273K Reduce -3.3%
C Citigroup Inc. 0.03% 3,804 $270K Add +0.1%
HIG Hartford Insurance Group Inc. 0.03% 2,168 $269K Add +0.2%
AZEK The Azek Co. Inc. 0.03% 5,500 $269K Reduce -0.2%
SMH Vaneck Semiconductor ETF 0.03% 1,263 $267K Add +5.6%
LOW Lowe's Cos Inc. 0.03% 1,133 $264K Reduce -8.6%
ADBE Adobe Inc. 0.03% 670 $257K Reduce -31.6%
DUK Duke Energy Corp. 0.03% 2,083 $254K Reduce -0.6%
AMGN Amgen Inc. 0.03% 804 $251K Reduce -4.2%
WM Waste Management Inc. 0.03% 1,073 $248K Reduce -35.9%
AMD Advanced Micro Devices 0.03% 2,402 $247K Add +1.5%
VRSK Verisk Analytics Inc. 0.03% 794 $236K No change
ET Energy Transfer LP 0.03% 12,485 $232K No change
CWB SS SPDR BB Conv Sec ETF 0.03% 2,984 $229K New
EPD Enterprise Products Partners 0.03% 6,638 $227K New
GS Goldman Sachs Group Inc. 0.03% 415 $227K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.03% 1,196 $223K Add +0.7%
CVS CVS Health Corp. 0.03% 3,235 $219K New
CMCSA Comcast Corp. Class A 0.03% 5,875 $217K Add +0.9%
BKNG Booking Holdings Inc. 0.03% 47 $217K No change
TRV The Travelers Cos Inc. 0.03% 808 $214K New
GILD Gilead Sciences Inc. 0.03% 1,893 $212K New
BMY Bristol-Myers Squibb Co. 0.03% 3,442 $210K New
FNDB Schwab Fndmntl US BRD Mr ETF 0.03% 9,092 $209K New
VCSH Vanguard S/T Corp. Bond ETF 0.02% 2,624 $207K New
BINC iShares Flex I A ETF-Usd Inc. 0.02% 3,937 $206K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.02% 811 $204K No change
ADP Automatic Data Processing 0.02% 664 $204K New
IVE iShares S&P 500 Value ETF 0.02% 1,050 $200K Reduce -36.5%
CION Cion Investment Corp. 0.02% 17,085 $183K No change
F Ford Motor Co. filed as FORD MTR CO 0.02% 17,051 $171K Add +2.0%
MGNI Magnite Inc. 0.02% 13,400 $153K Add +1.5%
ABEV Ambev SA-ADR 0.01% 24,634 $58K No change
VIVID SEATS INC 0.00% 10,000 $30K No change

Portfolio Sells Q4 2024 → Q1 2025
IWB iShares Russell 1000 ETF Reduce -8.1% 8.49% −1.19
IVV iShares Core S&P 500 ETF Reduce -1.3% 11.07% −0.66
AAPL Apple Inc. Reduce -2.6% 4.02% −0.62
IWF iShares Russell 1000 Growth Reduce -16.2% 1.82% −0.59
MSFT Microsoft Corp. Reduce -14.8% 1.42% −0.45
SPY SS SPDR S&P 500 ETF Trust-US Reduce -15.8% 1.81% −0.43
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -6.7% 3.47% −0.43
VTI VG Morningstar TS MKT ETF-US Reduce -1.9% 5.57% −0.40
AMZN Amazon.com Inc. Reduce -91.6% 0.87% −0.32
SCHB Schwab US Broad Market ETF Reduce -3.0% 3.71% −0.31
IWV iShares Russell 3000 ETF Reduce -23.3% 0.57% −0.21
VXF Vanguard Extended Market ETF Reduce -3.9% 1.41% −0.20
IJH iShares Core S&P Midcap ETF Reduce -4.4% 1.59% −0.18
TSLA Tesla Inc. Reduce -4.4% 0.24% −0.15
NVDA Nvidia Corp. Reduce -10.3% 0.39% −0.15
GOOGL Alphabet Inc. Class A Reduce -10.2% 0.34% −0.12
ACI Albertsons Cos Inc. Class A Sold out 0.00% −0.12
IVW iShares S&P 500 Growth ETF Reduce -14.4% 0.43% −0.12
GOOG Alphabet Inc. Class C Reduce -11.1% 0.27% −0.10
XOM Exxon Mobil Corp. Reduce -64.1% 0.06% −0.10
DFAC Dimensional US Core Equity 2 Reduce -2.2% 1.31% −0.09
VIG Vanguard Dividend Apprec ETF Reduce -17.1% 0.40% −0.09
HD Home Depot Inc. Reduce -7.3% 0.42% −0.06
META Meta Platforms Inc. Class A Reduce -10.6% 0.44% −0.06
JPST JPMorgan Ultra-Short Income Reduce -9.3% 0.54% −0.05
VOO Vanguard S&P 500 ETF Reduce -11.8% 0.26% −0.05
MA Mastercard Inc. Class A Reduce -28.1% 0.13% −0.04
USMV iShares MSCI USA Min Vol Fac Sold out 0.00% −0.04
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -42.5% 0.06% −0.04
AGG iShares Core U.S. Aggregate Reduce -36.9% 0.07% −0.04
SUB iShares Short-Term National Sold out 0.00% −0.04
SPYG SS SPDR P S&P 500 Growth ETF Reduce -1.7% 0.32% −0.04
VWO Vanguard Ftse Emerging Marke Reduce -7.6% 0.63% −0.03
ANET Arista Networks Inc. Sold out 0.00% −0.03
SCHX Schwab US Large-Cap ETF Reduce -1.2% 0.50% −0.03
AXON Axon Enterprise Inc. Sold out 0.00% −0.03
NEE Nextera Energy Inc. Sold out 0.00% −0.03
XLK SS Technology Select Sector Reduce -19.0% 0.07% −0.03
EXPE Expedia Group Inc. Sold out 0.00% −0.03
ADI Analog Devices Inc. Sold out 0.00% −0.02
VOT Vngrd Mrngstr MC GRW ETF-Usd Sold out 0.00% −0.02
MUB iShares National Muni Bond E Reduce -27.6% 0.06% −0.02
TTD Trade Desk Inc./the Class A Sold out 0.00% −0.02
DIS The Walt Disney Co. Reduce -0.9% 0.17% −0.02
ADBE Adobe Inc. Reduce -31.6% 0.03% −0.02
BAC Bank of America Corp. Reduce -7.8% 0.15% −0.02
GSIE Goldman Sachs Activebeta Int Reduce -10.7% 0.46% −0.02
SUSA iShares ESG Optimized MSCI U Reduce -4.1% 0.18% −0.02
LULU Lululemon Athletica Inc. Reduce -3.8% 0.04% −0.02
ABBV Abbvie Inc. Reduce -30.9% 0.08% −0.02

Portfolio Buys Q4 2024 → Q1 2025
ICSH iShares Ultra Short Duration New 6.91% +6.91
ACWX iShares MSCI Acwi Ex US ETF Add +21.5% 6.14% +1.39
DGRW Wisdomtree U.S. Quality Divi Add +36.1% 1.79% +0.46
BRK.B Berkshire Hathaway Inc. Class B Add +0.5% 0.56% +0.09
QQQM Invesco Nasdaq 100 ETF Add +64.5% 0.20% +0.07
MS Morgan Stanley New 0.04% +0.04
IGSB iShares 1-5Y Inv Grade Corp. New 0.04% +0.04
JNJ Johnson & Johnson Add +4.3% 0.19% +0.03
CWB SS SPDR BB Conv Sec ETF New 0.03% +0.03
EPD Enterprise Products Partners New 0.03% +0.03
CVS CVS Health Corp. New 0.03% +0.03
TRV The Travelers Cos Inc. New 0.03% +0.03
GILD Gilead Sciences Inc. New 0.03% +0.03
BMY Bristol-Myers Squibb Co. New 0.03% +0.03
FNDB Schwab Fndmntl US BRD Mr ETF New 0.03% +0.03
VCSH Vanguard S/T Corp. Bond ETF New 0.02% +0.02
ADP Automatic Data Processing New 0.02% +0.02
LLY Eli Lilly & Co. Add +0.7% 0.17% +0.01
VXUS Vanguard Total Intl Stock Add +8.6% 0.09% +0.01
IAK iShares U.S. Insurance ETF Add +12.6% 0.06% +0.01
IWD iShares Russell 1000 Value E Add +0.8% 0.40% +0.01
ACWI iShares MSCI Acwi ETF Add +11.9% 0.10% +0.01
MCD McDonald's Corp. Add +1.8% 0.10% +0.01
RTX RTX Corp. Add +0.8% 0.06% +0.01
XLF SS Financial Select Sector Add +20.4% 0.04% +0.01
PG The Procter & Gamble Co. Add +2.0% 0.21% +0.01
NFLX Netflix Inc. Add +2.1% 0.07% +0.00
IEFA iShares Core MSCI Eafe ETF Add +6.3% 0.04% +0.00
HIG Hartford Insurance Group Inc. Add +0.2% 0.03% +0.00
HON Honeywell International Inc. Add +14.9% 0.05% +0.00
PEP Pepsico Inc. Add +3.4% 0.11% +0.00
TJX TJX Companies Inc. Add +3.3% 0.03% +0.00
F Ford Motor Co. Add +2.0% 0.02% +0.00
C Citigroup Inc. Add +0.1% 0.03% +0.00
CMCSA Comcast Corp. Class A Add +0.9% 0.03% −0.00
AMAT Applied Materials Inc. Add +10.4% 0.05% −0.00
IWM iShares Russell 2000 ETF Add +9.5% 0.07% −0.00
VBR Vngrd Mrngst SL-CP Val ETF-U Add +0.7% 0.03% −0.00
SMH Vaneck Semiconductor ETF Add +5.6% 0.03% −0.00
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +0.2% 0.07% −0.00
IJR iShares Core S&P Small-Cap E Add +1.4% 0.04% −0.00
SHOP Shopify Inc. Class A Add +4.9% 0.06% −0.00
IWR iShares Russell Mid-Cap ETF Add +0.1% 0.11% −0.00
AMD Advanced Micro Devices Add +1.5% 0.03% −0.00
EMR Emerson Electric Co. Add +1.5% 0.06% −0.01
MGNI Magnite Inc. Add +1.5% 0.02% −0.01
CAT Caterpillar Inc. Add +0.1% 0.08% −0.01
ORCL Oracle Corp. Add +9.1% 0.09% −0.01
DFUS Dimensional US Eq MKT ETF Add +0.1% 0.20% −0.01
VUG Vanguard Mrngstar GR ETF-Sui Add +0.3% 0.13% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 226$1.5BITOT, IVV, ACWX, IWB, QQQ
Q1 2026 194$1.2BITOT, IVV, IWB, ACWX, QQQ
Q4 2025Amended 188$1.2BITOT, IVV, IWB, QQQ, ACWX
Q3 2025 191$1.1BITOT, IVV, IWB, QQQ, ACWX
Q2 2025 181$1.0BITOT, IVV, IWB, QQQ, ICSH
Q1 2025 156$831.9MITOT, IVV, IWB, QQQ, ICSH
Q4 2024 156$833.3MITOT, IVV, IWB, QQQ, VTI
Q3 2024 152$809.0MIVV, ITOT, IWB, QQQ, STOT
Q2 2024Amended 144$735.6MITOT, IVV, IWB, QQQ, ICSH
Q1 2024 141$691.3MITOT, IVV, IWB, QQQ, VTI