Winthrop Advisory Group LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 23, 2025), Winthrop Advisory Group LLC reported 181 stock positions worth $1.0 billion. Its top holding was iShares Core S&P Total U.S. (ITOT) at 11.3% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 10.6%) and iShares Russell 1000 ETF (IWB, 8.4%). Compared with Q1 2025, it opened 29 new positions, sold out of 4, added to 96 and reduced 40. The biggest buy was Schwab US Broad Market ETF (SCHB, shares +60%) and the biggest sale iShares Core S&P Midcap ETF (IJH, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001739043
- Portfolio Value
- $1.0B (Q2 2025)
- SEC Filing
- 0001739043-25-000004 ↗ filed Jul 23, 2025
Holdings Value
Holdings 181 stocks · $1.0B
| ITOT iShares Core S&P Total U.S. | 11.27% | 864,811 | $116.8M | Add +6.0% |
| IVV iShares Core S&P 500 ETF | 10.58% | 176,589 | $109.6M | Add +7.8% |
| IWB iShares Russell 1000 ETF | 8.42% | 257,112 | $87.3M | Add +11.7% |
| QQQ Invesco QQQ Trust Series 1 | 7.11% | 133,500 | $73.7M | Add +5.4% |
| ICSH iShares Ultra Short Duration | 5.86% | 1,198,040 | $60.8M | Add +5.6% |
| ACWX iShares MSCI Acwi Ex US ETF | 5.69% | 968,519 | $59.0M | Add +5.2% |
| VTI VG Morningstar TS MKT ETF-US | 5.65% | 192,218 | $58.6M | Add +14.1% |
| SCHB Schwab US Broad Market ETF | 5.25% | 2,285,320 | $54.5M | Add +59.5% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 3.47% | 480,143 | $36.0M | Add +13.0% |
| AAPL Apple Inc. | 3.08% | 155,787 | $32.0M | Add +3.4% |
| IWF iShares Russell 1000 Growth | 1.98% | 48,256 | $20.5M | Add +14.9% |
| MSFT Microsoft Corp. | 1.84% | 38,385 | $19.1M | Add +22.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.77% | 29,654 | $18.4M | Add +10.5% |
| DGRW Wisdomtree U.S. Quality Divi | 1.56% | 192,923 | $16.2M | Add +3.4% |
| VXF Vanguard Extended Market ETF | 1.38% | 74,094 | $14.3M | Add +8.7% |
| IJH iShares Core S&P Midcap ETF | 1.33% | 222,819 | $13.8M | Reduce -1.6% |
| DFAC Dimensional US Core Equity 2 | 1.15% | 331,926 | $11.9M | Add +0.5% |
| AMZN Amazon.com Inc. | 0.98% | 46,359 | $10.2M | Add +22.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.97% | 205,578 | $10.1M | Add +12.2% |
| SCHD Schwab US DVD Equity ETF | 0.93% | 362,617 | $9.6M | Add +0.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.82% | 19,474 | $8.5M | Add +581.4% |
| VXUS Vanguard Total Intl Stock | 0.74% | 110,905 | $7.7M | Add +866.5% |
| LPLA LPL Financial Holdings Inc. | 0.74% | 20,354 | $7.6M | Reduce -1.1% |
| JPST JPMorgan Ultra-Short Income | 0.62% | 126,700 | $6.4M | Add +43.3% |
| IWV iShares Russell 3000 ETF | 0.57% | 16,859 | $5.9M | Add +13.3% |
| VWO Vanguard Ftse Emerging Marke | 0.54% | 114,188 | $5.6M | Reduce -1.5% |
| NVDA Nvidia Corp. | 0.53% | 34,995 | $5.5M | Add +17.1% |
| META Meta Platforms Inc. Class A | 0.53% | 7,489 | $5.5M | Add +18.0% |
| JPM JPMorgan Chase & Co. | 0.52% | 18,507 | $5.4M | Add +5.2% |
| IVW iShares S&P 500 Growth ETF | 0.47% | 44,479 | $4.9M | Add +16.4% |
| VIG Vanguard Dividend Apprec ETF | 0.47% | 23,772 | $4.9M | Add +38.8% |
| GSIE Goldman Sachs Activebeta Int | 0.47% | 122,587 | $4.9M | Add +13.1% |
| QQQM Invesco Nasdaq 100 ETF | 0.47% | 21,327 | $4.8M | Add +148.8% |
| IEMG iShares Core MSCI Emerging | 0.45% | 78,507 | $4.7M | Add +28.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.44% | 25,808 | $4.6M | Add +209.5% |
| SCHX Schwab US Large-Cap ETF | 0.44% | 186,499 | $4.6M | Reduce -1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.41% | 8,746 | $4.2M | Reduce -0.7% |
| GOOGL Alphabet Inc. Class A | 0.38% | 22,263 | $3.9M | Add +21.1% |
| IWD iShares Russell 1000 Value E | 0.35% | 18,835 | $3.7M | Add +7.0% |
| V Visa Inc. Class A | 0.34% | 9,915 | $3.5M | Add +10.0% |
| HD Home Depot Inc. | 0.34% | 9,504 | $3.5M | Add +0.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.32% | 35,081 | $3.3M | Add +5.1% |
| GOOG Alphabet Inc. Class C | 0.30% | 17,375 | $3.1M | Add +19.3% |
| VOO Vanguard S&P 500 ETF | 0.27% | 4,856 | $2.8M | Add +14.2% |
| TSLA Tesla Inc. | 0.26% | 8,348 | $2.7M | Add +6.5% |
| MDY State Street SPDR S&P Midcap | 0.25% | 4,571 | $2.6M | Reduce -3.0% |
| DGRO iShares Core Dividend Growth | 0.25% | 40,208 | $2.6M | New |
| IXUS iShares Core Intl Stock ETF | 0.24% | 31,736 | $2.5M | New |
| WMT Walmart Inc. | 0.21% | 22,702 | $2.2M | Reduce -7.1% |
| AVGO Broadcom Inc. | 0.18% | 6,798 | $1.9M | Add +1.8% |
| DFUS Dimensional US Eq MKT ETF | 0.18% | 27,510 | $1.8M | Add +0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.17% | 14,261 | $1.8M | Reduce -0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.15% | 33,130 | $1.6M | Add +9.3% |
| PG The Procter & Gamble Co. | 0.15% | 9,813 | $1.6M | Reduce -2.5% |
| SUSA iShares ESG Optimized MSCI U | 0.15% | 12,287 | $1.6M | Reduce -3.8% |
| MA Mastercard Inc. Class A | 0.15% | 2,745 | $1.5M | Add +39.3% |
| HCA HCA Healthcare Inc. | 0.14% | 3,797 | $1.5M | New |
| JNJ Johnson & Johnson | 0.14% | 9,168 | $1.4M | Reduce -2.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.13% | 4,823 | $1.4M | New |
| LLY Eli Lilly & Co. | 0.13% | 1,706 | $1.3M | Add +1.3% |
| COST Costco Wholesale Corp. | 0.12% | 1,223 | $1.2M | Add +29.4% |
| DVY iShares Select Dividend ETF | 0.11% | 8,852 | $1.2M | Add +13.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.11% | 13,625 | $1.1M | Add +249.7% |
| ORCL Oracle Corp. | 0.11% | 5,107 | $1.1M | Reduce -6.5% |
| CI The Cigna Group | 0.11% | 3,368 | $1.1M | Add +2.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 3,726 | $1.1M | Reduce -0.4% |
| LMT Lockheed Martin Corp. | 0.09% | 2,095 | $970K | New |
| IWR iShares Russell Mid-Cap ETF | 0.09% | 10,326 | $950K | Reduce -1.5% |
| VYM Vanguard High DVD Yield ETF | 0.09% | 7,110 | $948K | Add +0.1% |
| SBUX Starbucks Corp. | 0.09% | 10,224 | $937K | Add +12.2% |
| KLAC KLA Corp. | 0.09% | 1,034 | $926K | Add +0.8% |
| TT Trane Technologies PLC | 0.09% | 2,029 | $888K | Reduce -3.0% |
| ACWI iShares MSCI Acwi ETF | 0.09% | 6,869 | $883K | Reduce -7.8% |
| ABBV Abbvie Inc. | 0.08% | 4,555 | $845K | Add +46.7% |
| PEP Pepsico Inc. | 0.08% | 6,178 | $816K | Add +1.0% |
| XLK SS Technology Select Sector | 0.08% | 3,176 | $804K | Add +18.3% |
| CAT Caterpillar Inc. | 0.08% | 2,045 | $794K | Add +1.5% |
| OBDC Blue Owl Capital Corp. | 0.08% | 53,814 | $792K | Reduce -5.9% |
| NFLX Netflix Inc. | 0.07% | 562 | $753K | Reduce -11.9% |
| CVX Chevron Corp. | 0.07% | 5,133 | $735K | Add +12.2% |
| MCD McDonald's Corp. | 0.07% | 2,412 | $705K | Reduce -7.6% |
| MRK Merck & Co. Inc. | 0.07% | 8,752 | $700K | Add +5.5% |
| GLD SPDR Gold Shares | 0.07% | 2,218 | $676K | Add +0.1% |
| MKL Markel Group Inc. | 0.06% | 327 | $653K | No change |
| CSCO Cisco Systems Inc. | 0.06% | 9,400 | $652K | Add +8.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.06% | 2,259 | $646K | No change |
| NOW ServiceNow Inc. | 0.06% | 614 | $631K | Reduce -11.3% |
| BA The Boeing Co. | 0.06% | 2,975 | $623K | Add +6.0% |
| SHOP Shopify Inc. Class A | 0.06% | 5,345 | $617K | Add +0.5% |
| XOM Exxon Mobil Corp. | 0.06% | 5,621 | $606K | Add +25.0% |
| AGG iShares Core U.S. Aggregate | 0.06% | 6,081 | $603K | Add +3.7% |
| T AT&T Inc. | 0.06% | 20,385 | $590K | Reduce -0.4% |
| RTX RTX Corp. | 0.06% | 3,984 | $582K | Reduce -1.6% |
| CRM Salesforce Inc. | 0.05% | 2,045 | $558K | Add +2.3% |
| IWM iShares Russell 2000 ETF | 0.05% | 2,583 | $557K | Reduce -10.6% |
| LUV Southwest Airlines Co. | 0.05% | 17,000 | $555K | No change |
| MUB iShares National Muni Bond E | 0.05% | 5,040 | $527K | Add +4.4% |
| INTU Intuit Inc. | 0.05% | 645 | $508K | No change |
| AMAT Applied Materials Inc. | 0.05% | 2,771 | $507K | Add +1.2% |
| IAK iShares U.S. Insurance ETF | 0.05% | 3,722 | $500K | Add +7.8% |
Portfolio Sells Q1 2025 → Q2 2025
| IJH iShares Core S&P Midcap ETF | Reduce -1.6% | 1.33% | −0.25 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.7% | 0.41% | −0.15 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.5% | 0.54% | −0.09 |
| LPLA LPL Financial Holdings Inc. | Reduce -1.1% | 0.74% | −0.07 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.1% | 0.44% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -2.5% | 0.15% | −0.06 |
| JNJ Johnson & Johnson | Reduce -2.5% | 0.14% | −0.05 |
| MDY State Street SPDR S&P Midcap | Reduce -3.0% | 0.25% | −0.05 |
| WMT Walmart Inc. | Reduce -7.1% | 0.21% | −0.04 |
| MCD McDonald's Corp. | Reduce -7.6% | 0.07% | −0.03 |
| XLE SS Energy Select Sector | Reduce -41.9% | 0.02% | −0.03 |
| OBDC Blue Owl Capital Corp. | Reduce -5.9% | 0.08% | −0.03 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.03 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.03 |
| SUSA iShares ESG Optimized MSCI U | Reduce -3.8% | 0.15% | −0.03 |
| ACN Accenture PLC Class A | Reduce -18.0% | 0.04% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.03 |
| F Ford Motor Co. | Sold out | 0.00% | −0.02 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -21.1% | 0.04% | −0.02 |
| LULU Lululemon Athletica Inc. | Reduce -17.6% | 0.02% | −0.02 |
| ACWI iShares MSCI Acwi ETF | Reduce -7.8% | 0.09% | −0.02 |
| UPS United Parcel Service Class B | Reduce -3.2% | 0.04% | −0.02 |
| IWR iShares Russell Mid-Cap ETF | Reduce -1.5% | 0.09% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -10.6% | 0.05% | −0.02 |
| T AT&T Inc. | Reduce -0.4% | 0.06% | −0.01 |
| PFE Pfizer Inc. | Reduce -4.5% | 0.03% | −0.01 |
| CION Cion Investment Corp. | Reduce -32.7% | 0.01% | −0.01 |
| PFF iShares Preferred & Income S | Reduce -16.1% | 0.02% | −0.01 |
| HON Honeywell International Inc. | Reduce -12.4% | 0.04% | −0.01 |
| HUBS HubSpot Inc. | Reduce -5.0% | 0.03% | −0.01 |
| RTX RTX Corp. | Reduce -1.6% | 0.06% | −0.01 |
| SYY Sysco Corp. | Reduce -5.3% | 0.03% | −0.01 |
| EMR Emerson Electric Co. | Reduce -12.4% | 0.05% | −0.01 |
| TJX TJX Companies Inc. | Reduce -6.4% | 0.03% | −0.01 |
| IBM Intl Business Machines Corp. | Reduce -0.4% | 0.11% | −0.01 |
| NOW ServiceNow Inc. | Reduce -11.3% | 0.06% | −0.01 |
| ADP Automatic Data Processing | Reduce -0.6% | 0.02% | −0.00 |
| MS Morgan Stanley | Reduce -7.7% | 0.04% | −0.00 |
| C Citigroup Inc. | Reduce -1.8% | 0.03% | −0.00 |
| BKNG Booking Holdings Inc. | Reduce -6.4% | 0.02% | −0.00 |
| TT Trane Technologies PLC | Reduce -3.0% | 0.09% | +0.00 |
| NFLX Netflix Inc. | Reduce -11.9% | 0.07% | +0.00 |
| DIS The Walt Disney Co. | Reduce -0.1% | 0.17% | +0.00 |
| ORCL Oracle Corp. | Reduce -6.5% | 0.11% | +0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| SCHB Schwab US Broad Market ETF | Add +59.5% | 5.25% | +1.55 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +581.4% | 0.82% | +0.70 |
| VXUS Vanguard Total Intl Stock | Add +866.5% | 0.74% | +0.65 |
| MSFT Microsoft Corp. | Add +22.3% | 1.84% | +0.43 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +209.5% | 0.44% | +0.27 |
| QQQM Invesco Nasdaq 100 ETF | Add +148.8% | 0.47% | +0.27 |
| DGRO iShares Core Dividend Growth | New | 0.25% | +0.25 |
| IXUS iShares Core Intl Stock ETF | New | 0.24% | +0.24 |
| IWF iShares Russell 1000 Growth | Add +14.9% | 1.98% | +0.15 |
| NVDA Nvidia Corp. | Add +17.1% | 0.53% | +0.14 |
| HCA HCA Healthcare Inc. | New | 0.14% | +0.14 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.13% | +0.13 |
| AMZN Amazon.com Inc. | Add +22.1% | 0.98% | +0.11 |
| LMT Lockheed Martin Corp. | New | 0.09% | +0.09 |
| META Meta Platforms Inc. Class A | Add +18.0% | 0.53% | +0.09 |
| VTI VG Morningstar TS MKT ETF-US | Add +14.1% | 5.65% | +0.09 |
| JPST JPMorgan Ultra-Short Income | Add +43.3% | 0.62% | +0.08 |
| IEFA iShares Core MSCI Eafe ETF | Add +249.7% | 0.11% | +0.07 |
| VIG Vanguard Dividend Apprec ETF | Add +38.8% | 0.47% | +0.07 |
| IEMG iShares Core MSCI Emerging | Add +28.1% | 0.45% | +0.06 |
| AXP American Express Co. | New | 0.05% | +0.05 |
| ICE Intercontinental Exchange Inc. | New | 0.05% | +0.05 |
| AVGO Broadcom Inc. | Add +1.8% | 0.18% | +0.05 |
| IVW iShares S&P 500 Growth ETF | Add +16.4% | 0.47% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +21.1% | 0.38% | +0.04 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.03% | +0.03 |
| SCHG Schwab US Large-Cap Growth | New | 0.03% | +0.03 |
| AXON Axon Enterprise Inc. | New | 0.03% | +0.03 |
| COF Capital One Financial Corp. | New | 0.03% | +0.03 |
| SOXX iShares Semiconductor ETF | New | 0.03% | +0.03 |
| ITA iShares U.S. Aerospace & Def | New | 0.03% | +0.03 |
| GEV GE Vernova Inc. | New | 0.02% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +19.3% | 0.30% | +0.02 |
| APH Amphenol Corp. Class A | New | 0.02% | +0.02 |
| SUB iShares Short-Term National | New | 0.02% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.02% | +0.02 |
| ADI Analog Devices Inc. | New | 0.02% | +0.02 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | New | 0.02% | +0.02 |
| MOAT Vaneck Morningstar Wide Moat | New | 0.02% | +0.02 |
| VYMI Vanguard Int High DVD YLD Inc. | New | 0.02% | +0.02 |
| VEA Vanguard Ftse Developed ETF | New | 0.02% | +0.02 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +124.7% | 0.05% | +0.02 |
| ARKK ARK Innovation ETF | New | 0.02% | +0.02 |
| ANET Arista Networks Inc. | New | 0.02% | +0.02 |
| IGV iShares Expanded Tech-Softwa | New | 0.02% | +0.02 |
| ACM Aecom | New | 0.02% | +0.02 |
| PHO Invesco Water Resources ETF | New | 0.02% | +0.02 |
| SE Sea Ltd.-ADR | New | 0.02% | +0.02 |
| CEG Constellation Energy | New | 0.02% | +0.02 |
| MA Mastercard Inc. Class A | Add +39.3% | 0.15% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 226 | $1.5B | ITOT, IVV, ACWX, IWB, QQQ |
| Q1 2026 | 194 | $1.2B | ITOT, IVV, IWB, ACWX, QQQ |
| Q4 2025Amended | 188 | $1.2B | ITOT, IVV, IWB, QQQ, ACWX |
| Q3 2025 | 191 | $1.1B | ITOT, IVV, IWB, QQQ, ACWX |
| Q2 2025 | 181 | $1.0B | ITOT, IVV, IWB, QQQ, ICSH |
| Q1 2025 | 156 | $831.9M | ITOT, IVV, IWB, QQQ, ICSH |
| Q4 2024 | 156 | $833.3M | ITOT, IVV, IWB, QQQ, VTI |
| Q3 2024 | 152 | $809.0M | IVV, ITOT, IWB, QQQ, STOT |
| Q2 2024Amended | 144 | $735.6M | ITOT, IVV, IWB, QQQ, ICSH |
| Q1 2024 | 141 | $691.3M | ITOT, IVV, IWB, QQQ, VTI |