Winthrop Advisory Group LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 24, 2025), Winthrop Advisory Group LLC reported 191 stock positions worth $1.1 billion. Its top holding was iShares Core S&P Total U.S. (ITOT) at 11.5% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 10.5%) and iShares Russell 1000 ETF (IWB, 8.1%). Compared with Q2 2025, it opened 18 new positions, sold out of 8, added to 85 and reduced 67. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale iShares Russell 1000 ETF (IWB, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001739043
- Portfolio Value
- $1.1B (Q3 2025)
- SEC Filing
- 0001739043-25-000007 ↗ filed Oct 24, 2025
Holdings Value
Holdings 191 stocks · $1.1B
| ITOT iShares Core S&P Total U.S. | 11.47% | 900,447 | $131.2M | Add +4.1% |
| IVV iShares Core S&P 500 ETF | 10.54% | 180,084 | $120.5M | Add +2.0% |
| IWB iShares Russell 1000 ETF | 8.12% | 253,891 | $92.8M | Reduce -1.3% |
| QQQ Invesco QQQ Trust Series 1 | 7.16% | 136,190 | $81.9M | Add +2.0% |
| ACWX iShares MSCI Acwi Ex US ETF | 5.96% | 1,047,501 | $68.1M | Add +8.2% |
| VTI VG Morningstar TS MKT ETF-US | 5.51% | 191,449 | $63.0M | Reduce -0.4% |
| ICSH iShares Ultra Short Duration | 5.40% | 1,216,639 | $61.7M | Add +1.6% |
| SCHB Schwab US Broad Market ETF | 5.19% | 2,308,553 | $59.4M | Add +1.0% |
| AAPL Apple Inc. | 3.50% | 157,018 | $40.0M | Add +0.8% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 3.34% | 472,826 | $38.1M | Reduce -1.5% |
| IWF iShares Russell 1000 Growth | 1.98% | 48,211 | $22.6M | Reduce -0.1% |
| MSFT Microsoft Corp. | 1.74% | 38,399 | $19.9M | Add +0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.72% | 29,433 | $19.7M | Reduce -0.8% |
| DGRW Wisdomtree U.S. Quality Divi | 1.67% | 213,994 | $19.0M | Add +10.9% |
| VXF Vanguard Extended Market ETF | 1.56% | 85,406 | $17.9M | Add +15.3% |
| IJH iShares Core S&P Midcap ETF | 1.12% | 195,520 | $12.8M | Reduce -12.3% |
| DFAC Dimensional US Core Equity 2 | 1.11% | 329,852 | $12.7M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 0.92% | 47,959 | $10.5M | Add +3.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.92% | 210,026 | $10.5M | Add +2.2% |
| SCHD Schwab US DVD Equity ETF | 0.86% | 361,149 | $9.9M | Reduce -0.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.83% | 19,830 | $9.5M | Add +1.8% |
| VXUS Vanguard Total Intl Stock | 0.76% | 117,676 | $8.6M | Add +6.1% |
| IEMG iShares Core MSCI Emerging | 0.73% | 126,163 | $8.3M | Add +60.7% |
| QQQM Invesco Nasdaq 100 ETF | 0.66% | 30,480 | $7.5M | Add +42.9% |
| JPST JPMorgan Ultra-Short Income | 0.62% | 139,517 | $7.1M | Add +10.1% |
| LPLA LPL Financial Holdings Inc. | 0.59% | 20,279 | $6.7M | Reduce -0.4% |
| NVDA Nvidia Corp. | 0.59% | 36,028 | $6.7M | Add +3.0% |
| IWV iShares Russell 3000 ETF | 0.57% | 17,129 | $6.5M | Add +1.6% |
| VWO Vanguard Ftse Emerging Marke | 0.54% | 113,242 | $6.1M | Reduce -0.8% |
| JPM JPMorgan Chase & Co. | 0.52% | 18,934 | $6.0M | Add +2.3% |
| META Meta Platforms Inc. Class A | 0.50% | 7,794 | $5.7M | Add +4.1% |
| GOOGL Alphabet Inc. Class A | 0.47% | 22,100 | $5.4M | Reduce -0.7% |
| IVW iShares S&P 500 Growth ETF | 0.47% | 44,401 | $5.4M | Reduce -0.2% |
| GSIE Goldman Sachs Activebeta Int | 0.45% | 125,283 | $5.2M | Add +2.2% |
| VIG Vanguard Dividend Apprec ETF | 0.44% | 23,458 | $5.1M | Reduce -1.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.43% | 26,325 | $4.9M | Add +2.0% |
| SCHX Schwab US Large-Cap ETF | 0.42% | 182,562 | $4.8M | Reduce -2.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.39% | 8,906 | $4.5M | Add +1.8% |
| IWD iShares Russell 1000 Value E | 0.38% | 21,564 | $4.4M | Add +14.5% |
| GOOG Alphabet Inc. Class C | 0.38% | 18,025 | $4.4M | Add +3.7% |
| TSLA Tesla Inc. | 0.37% | 9,534 | $4.2M | Add +14.2% |
| HD Home Depot Inc. | 0.33% | 9,316 | $3.8M | Reduce -2.0% |
| VOO Vanguard S&P 500 ETF | 0.32% | 5,981 | $3.7M | Add +23.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.32% | 35,068 | $3.7M | Reduce -0.0% |
| V Visa Inc. Class A | 0.30% | 9,917 | $3.4M | Add +0.0% |
| IXUS iShares Core Intl Stock ETF | 0.25% | 33,994 | $2.8M | Add +7.1% |
| DGRO iShares Core Dividend Growth | 0.24% | 40,575 | $2.8M | Add +0.9% |
| MDY State Street SPDR S&P Midcap | 0.23% | 4,486 | $2.7M | Reduce -1.9% |
| WMT Walmart Inc. | 0.21% | 22,947 | $2.4M | Add +1.1% |
| AVGO Broadcom Inc. | 0.19% | 6,593 | $2.2M | Reduce -3.0% |
| DFUS Dimensional US Eq MKT ETF | 0.18% | 27,893 | $2.0M | Add +1.4% |
| JNJ Johnson & Johnson | 0.15% | 9,535 | $1.8M | Add +4.0% |
| MA Mastercard Inc. Class A | 0.15% | 3,053 | $1.7M | Add +11.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.15% | 32,365 | $1.7M | Reduce -2.3% |
| SUSA iShares ESG Optimized MSCI U | 0.15% | 12,269 | $1.7M | Reduce -0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.14% | 13,809 | $1.6M | Reduce -3.2% |
| VONG Vanguard Russell 1000 Growth | 0.13% | 12,700 | $1.5M | New |
| PG The Procter & Gamble Co. | 0.13% | 9,802 | $1.5M | Reduce -0.1% |
| ORCL Oracle Corp. | 0.12% | 5,067 | $1.4M | Reduce -0.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.12% | 4,828 | $1.4M | Add +0.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.12% | 16,178 | $1.4M | Add +18.7% |
| LLY Eli Lilly & Co. | 0.12% | 1,730 | $1.3M | Add +1.4% |
| IWR iShares Russell Mid-Cap ETF | 0.11% | 13,467 | $1.3M | Add +30.4% |
| DVY iShares Select Dividend ETF | 0.11% | 8,781 | $1.2M | Reduce -0.8% |
| COST Costco Wholesale Corp. | 0.11% | 1,319 | $1.2M | Add +7.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 3,973 | $1.1M | Add +6.6% |
| KLAC KLA Corp. | 0.10% | 1,035 | $1.1M | Add +0.1% |
| ABBV Abbvie Inc. | 0.09% | 4,466 | $1.0M | Reduce -1.9% |
| LMT Lockheed Martin Corp. | 0.09% | 2,044 | $1.0M | Reduce -2.4% |
| CAT Caterpillar Inc. | 0.09% | 2,048 | $977K | Add +0.1% |
| CI The Cigna Group | 0.09% | 3,379 | $974K | Add +0.3% |
| ACWI iShares MSCI Acwi ETF | 0.08% | 6,925 | $957K | Add +0.8% |
| XLK SS Technology Select Sector | 0.08% | 3,145 | $886K | Reduce -1.0% |
| PEP Pepsico Inc. | 0.08% | 6,128 | $861K | Reduce -0.8% |
| XOM Exxon Mobil Corp. | 0.07% | 7,587 | $855K | Add +35.0% |
| TT Trane Technologies PLC | 0.07% | 1,969 | $831K | Reduce -3.0% |
| CVX Chevron Corp. | 0.07% | 5,324 | $827K | Add +3.7% |
| SBUX Starbucks Corp. | 0.07% | 9,768 | $826K | Reduce -4.5% |
| TDVG T Rowe Price Dividend Growth | 0.07% | 18,236 | $802K | New |
| GLD SPDR Gold Shares | 0.07% | 2,228 | $792K | Add +0.5% |
| SHOP Shopify Inc. Class A | 0.07% | 5,325 | $791K | Reduce -0.4% |
| MCD McDonald's Corp. | 0.06% | 2,424 | $737K | Add +0.5% |
| MRK Merck & Co. Inc. | 0.06% | 8,525 | $722K | Reduce -2.6% |
| NFLX Netflix Inc. | 0.06% | 584 | $700K | Add +3.9% |
| OBDC Blue Owl Capital Corp. | 0.06% | 52,581 | $691K | Reduce -2.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.06% | 2,235 | $690K | Reduce -1.1% |
| MUB iShares National Muni Bond E | 0.06% | 6,292 | $670K | Add +24.8% |
| VYM Vanguard High DVD Yield ETF | 0.06% | 4,659 | $657K | Reduce -34.5% |
| BA The Boeing Co. | 0.06% | 3,035 | $655K | Add +2.0% |
| IWM iShares Russell 2000 ETF | 0.05% | 2,584 | $625K | Add +0.0% |
| MKL Markel Group Inc. | 0.05% | 327 | $625K | No change |
| CSCO Cisco Systems Inc. | 0.05% | 8,985 | $615K | Reduce -4.4% |
| RTX RTX Corp. | 0.05% | 3,635 | $608K | Reduce -8.8% |
| BABA Alibaba Group Holding-SP ADR | 0.05% | 3,343 | $597K | Reduce -3.0% |
| AGG iShares Core U.S. Aggregate | 0.05% | 5,829 | $584K | Reduce -4.1% |
| EMR Emerson Electric Co. | 0.05% | 4,407 | $578K | Add +17.5% |
| NOW ServiceNow Inc. | 0.05% | 622 | $572K | Add +1.3% |
| T AT&T Inc. | 0.05% | 20,262 | $572K | Reduce -0.6% |
| AMAT Applied Materials Inc. | 0.05% | 2,772 | $567K | Add +0.0% |
| IJR iShares Core S&P Small-Cap E | 0.05% | 4,681 | $556K | Add +24.8% |
Portfolio Sells Q2 2025 → Q3 2025
| IWB iShares Russell 1000 ETF | Reduce -1.3% | 8.12% | −0.31 |
| IJH iShares Core S&P Midcap ETF | Reduce -12.3% | 1.12% | −0.22 |
| LPLA LPL Financial Holdings Inc. | Reduce -0.4% | 0.59% | −0.15 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.4% | 5.51% | −0.14 |
| HCA HCA Healthcare Inc. | Sold out | 0.00% | −0.14 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -1.5% | 3.34% | −0.13 |
| SCHD Schwab US DVD Equity ETF | Reduce -0.4% | 0.86% | −0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.8% | 1.72% | −0.05 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.6% | 1.11% | −0.03 |
| VYM Vanguard High DVD Yield ETF | Reduce -34.5% | 0.06% | −0.03 |
| DIS The Walt Disney Co. | Reduce -3.2% | 0.14% | −0.03 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.03 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.3% | 0.44% | −0.03 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.02 |
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −0.02 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.02 |
| MOAT Vaneck Morningstar Wide Moat | Sold out | 0.00% | −0.02 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.02 |
| IAK iShares U.S. Insurance ETF | Reduce -33.9% | 0.03% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -0.1% | 0.13% | −0.02 |
| SCHX Schwab US Large-Cap ETF | Reduce -2.1% | 0.42% | −0.02 |
| SBUX Starbucks Corp. | Reduce -4.5% | 0.07% | −0.02 |
| MDY State Street SPDR S&P Midcap | Reduce -1.9% | 0.23% | −0.02 |
| OBDC Blue Owl Capital Corp. | Reduce -2.3% | 0.06% | −0.02 |
| AMD Advanced Micro Devices | Reduce -37.7% | 0.03% | −0.01 |
| TT Trane Technologies PLC | Reduce -3.0% | 0.07% | −0.01 |
| ACN Accenture PLC Class A | Reduce -0.7% | 0.03% | −0.01 |
| ADBE Adobe Inc. | Reduce -16.8% | 0.02% | −0.01 |
| DKNG Draftkings Inc. Class A | Reduce -0.4% | 0.03% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -4.4% | 0.05% | −0.01 |
| ICE Intercontinental Exchange Inc. | Reduce -3.1% | 0.04% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.8% | 0.54% | −0.01 |
| AGG iShares Core U.S. Aggregate | Reduce -4.1% | 0.05% | −0.01 |
| T AT&T Inc. | Reduce -0.6% | 0.05% | −0.01 |
| ABT Abbott Laboratories | Reduce -5.9% | 0.03% | −0.01 |
| HD Home Depot Inc. | Reduce -2.0% | 0.33% | −0.01 |
| BAC Bank of America Corp. | Reduce -2.3% | 0.15% | −0.01 |
| SUSA iShares ESG Optimized MSCI U | Reduce -0.1% | 0.15% | −0.00 |
| SCHG Schwab US Large-Cap Growth | Reduce -12.9% | 0.03% | −0.00 |
| BKNG Booking Holdings Inc. | Reduce -2.3% | 0.02% | −0.00 |
| DVY iShares Select Dividend ETF | Reduce -0.8% | 0.11% | −0.00 |
| LMT Lockheed Martin Corp. | Reduce -2.4% | 0.09% | −0.00 |
| MRK Merck & Co. Inc. | Reduce -2.6% | 0.06% | −0.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -2.8% | 0.03% | −0.00 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.2% | 0.47% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -5.9% | 0.02% | −0.00 |
| AXP American Express Co. | Reduce -1.8% | 0.04% | −0.00 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -2.5% | 0.03% | −0.00 |
| PEP Pepsico Inc. | Reduce -0.8% | 0.08% | −0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -10.1% | 0.02% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +0.8% | 3.50% | +0.41 |
| IEMG iShares Core MSCI Emerging | Add +60.7% | 0.73% | +0.27 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +8.2% | 5.96% | +0.26 |
| ITOT iShares Core S&P Total U.S. | Add +4.1% | 11.47% | +0.21 |
| QQQM Invesco Nasdaq 100 ETF | Add +42.9% | 0.66% | +0.19 |
| VXF Vanguard Extended Market ETF | Add +15.3% | 1.56% | +0.19 |
| VONG Vanguard Russell 1000 Growth | New | 0.13% | +0.13 |
| TSLA Tesla Inc. | Add +14.2% | 0.37% | +0.12 |
| DGRW Wisdomtree U.S. Quality Divi | Add +10.9% | 1.67% | +0.11 |
| GOOG Alphabet Inc. Class C | Add +3.7% | 0.38% | +0.09 |
| TDVG T Rowe Price Dividend Growth | New | 0.07% | +0.07 |
| NVDA Nvidia Corp. | Add +3.0% | 0.59% | +0.05 |
| VOO Vanguard S&P 500 ETF | Add +23.2% | 0.32% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.0% | 7.16% | +0.05 |
| JQUA JPMorgan US Quality Factor | New | 0.05% | +0.05 |
| IWD iShares Russell 1000 Value E | Add +14.5% | 0.38% | +0.03 |
| GD General Dynamics Corp. | New | 0.03% | +0.03 |
| CVS CVS Health Corp. | New | 0.03% | +0.03 |
| IWR iShares Russell Mid-Cap ETF | Add +30.4% | 0.11% | +0.02 |
| EXPE Expedia Group Inc. | New | 0.02% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.02% | +0.02 |
| LH Labcorp Holdings Inc. | New | 0.02% | +0.02 |
| ETN Eaton Corp. PLC | New | 0.02% | +0.02 |
| JNJ Johnson & Johnson | Add +4.0% | 0.15% | +0.02 |
| EFA iShares MSCI Eafe ETF | New | 0.02% | +0.02 |
| ARKW ARK Next Generation Technolo | New | 0.02% | +0.02 |
| DE Deere & Co. | New | 0.02% | +0.02 |
| LIN Linde PLC | New | 0.02% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | New | 0.02% | +0.02 |
| ORLY O'reilly Automotive Inc. | New | 0.02% | +0.02 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | New | 0.02% | +0.02 |
| SHLD Global X Defense Tech ETF | New | 0.02% | +0.02 |
| VXUS Vanguard Total Intl Stock | Add +6.1% | 0.76% | +0.02 |
| XOM Exxon Mobil Corp. | Add +35.0% | 0.07% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +18.7% | 0.12% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +24.8% | 0.05% | +0.01 |
| CAT Caterpillar Inc. | Add +0.1% | 0.09% | +0.01 |
| IXUS iShares Core Intl Stock ETF | Add +7.1% | 0.25% | +0.01 |
| KLAC KLA Corp. | Add +0.1% | 0.10% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +1.8% | 0.83% | +0.01 |
| MUB iShares National Muni Bond E | Add +24.8% | 0.06% | +0.01 |
| ANET Arista Networks Inc. | Add +0.6% | 0.03% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +2.3% | 0.52% | +0.00 |
| GLD SPDR Gold Shares | Add +0.5% | 0.07% | +0.00 |
| APH Amphenol Corp. Class A | Add +0.1% | 0.03% | +0.00 |
| MA Mastercard Inc. Class A | Add +11.2% | 0.15% | +0.00 |
| GS Goldman Sachs Group Inc. | Add +7.7% | 0.03% | +0.00 |
| LOW Lowe's Cos Inc. | Add +7.1% | 0.03% | +0.00 |
| ADI Analog Devices Inc. | Add +19.2% | 0.02% | +0.00 |
| C Citigroup Inc. | Add +0.1% | 0.03% | +0.00 |
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 |