Winthrop Advisory Group LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), Winthrop Advisory Group LLC reported 188 stock positions worth $1.2 billion. Its top holding was iShares Core S&P Total U.S. (ITOT) at 11.6% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 10.5%) and iShares Russell 1000 ETF (IWB, 7.8%). Compared with Q3 2025, it opened 9 new positions, sold out of 12, added to 104 and reduced 66. The biggest buy was Vanguard Russell 1000 Growth (VONG, shares +387%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001739043
- Portfolio Value
- $1.2B (Q4 2025)
- SEC Filing
- 0001739043-26-000003 ↗ filed Jan 21, 2026
Holdings Value
Holdings 188 stocks · $1.2B
| ITOT iShares Core S&P Total U.S. | 11.57% | 918,312 | $136.5M | Add +2.0% |
| IVV iShares Core S&P 500 ETF | 10.54% | 181,625 | $124.4M | Add +0.9% |
| IWB iShares Russell 1000 ETF | 7.84% | 247,833 | $92.6M | Reduce -2.4% |
| QQQ Invesco QQQ Trust Series 1 | 6.75% | 129,636 | $79.6M | Reduce -4.8% |
| ACWX iShares MSCI Acwi Ex US ETF | 6.40% | 1,125,212 | $75.5M | Add +7.4% |
| VTI VG Morningstar TS MKT ETF-US | 5.33% | 187,759 | $62.9M | Reduce -1.9% |
| SCHB Schwab US Broad Market ETF | 5.10% | 2,294,238 | $60.2M | Reduce -0.6% |
| ICSH iShares Ultra Short Duration | 5.05% | 1,177,437 | $59.6M | Reduce -3.2% |
| AAPL Apple Inc. | 3.61% | 156,657 | $42.6M | Reduce -0.2% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 3.18% | 455,439 | $37.6M | Reduce -3.7% |
| DGRW Wisdomtree U.S. Quality Divi | 1.93% | 255,277 | $22.8M | Add +19.3% |
| IWF iShares Russell 1000 Growth | 1.92% | 47,966 | $22.7M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.65% | 28,550 | $19.5M | Reduce -3.0% |
| MSFT Microsoft Corp. | 1.63% | 39,675 | $19.2M | Add +3.3% |
| VXF Vanguard Extended Market ETF | 1.61% | 90,608 | $18.9M | Add +6.1% |
| IJH iShares Core S&P Midcap ETF | 1.28% | 228,413 | $15.1M | Add +16.8% |
| DFAC Dimensional US Core Equity 2 | 1.08% | 322,510 | $12.8M | Reduce -2.2% |
| AMZN Amazon.com Inc. | 0.93% | 47,597 | $11.0M | Reduce -0.8% |
| SCHD Schwab US DVD Equity ETF | 0.88% | 380,637 | $10.4M | Add +5.4% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.83% | 194,004 | $9.8M | Reduce -7.6% |
| IEMG iShares Core MSCI Emerging | 0.78% | 136,840 | $9.2M | Add +8.5% |
| QQQM Invesco Nasdaq 100 ETF | 0.78% | 36,241 | $9.2M | Add +18.9% |
| VXUS Vanguard Total Intl Stock | 0.77% | 120,395 | $9.1M | Add +2.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.72% | 17,329 | $8.5M | Reduce -12.6% |
| JPST JPMorgan Ultra-Short Income | 0.65% | 151,545 | $7.7M | Add +8.6% |
| VONG Vanguard Russell 1000 Growth | 0.64% | 61,791 | $7.5M | Add +386.5% |
| GOOGL Alphabet Inc. Class A | 0.61% | 22,921 | $7.2M | Add +3.7% |
| LPLA LPL Financial Holdings Inc. | 0.60% | 19,723 | $7.0M | Reduce -2.7% |
| NVDA Nvidia Corp. | 0.55% | 34,773 | $6.5M | Reduce -3.5% |
| IWV iShares Russell 3000 ETF | 0.54% | 16,525 | $6.4M | Reduce -3.5% |
| VWO Vanguard Ftse Emerging Marke | 0.51% | 112,212 | $6.0M | Reduce -0.9% |
| GOOG Alphabet Inc. Class C | 0.50% | 18,660 | $5.9M | Add +3.5% |
| JPM JPMorgan Chase & Co. | 0.47% | 17,250 | $5.6M | Reduce -8.9% |
| GSIE Goldman Sachs Activebeta Int | 0.47% | 128,509 | $5.5M | Add +2.6% |
| IVW iShares S&P 500 Growth ETF | 0.46% | 43,774 | $5.4M | Reduce -1.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.44% | 27,311 | $5.2M | Add +3.8% |
| META Meta Platforms Inc. Class A | 0.44% | 7,876 | $5.2M | Add +1.1% |
| VIG Vanguard Dividend Apprec ETF | 0.44% | 23,652 | $5.2M | Add +0.8% |
| SCHX Schwab US Large-Cap ETF | 0.41% | 179,187 | $4.8M | Reduce -1.9% |
| IWD iShares Russell 1000 Value E | 0.41% | 22,775 | $4.8M | Add +5.6% |
| TSLA Tesla Inc. | 0.37% | 9,748 | $4.4M | Add +2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.34% | 15,968 | $4.0M | Add +79.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.32% | 34,846 | $3.7M | Reduce -0.6% |
| V Visa Inc. Class A | 0.30% | 9,934 | $3.5M | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 0.29% | 5,414 | $3.4M | Reduce -9.5% |
| HD Home Depot Inc. | 0.27% | 9,129 | $3.1M | Reduce -2.0% |
| IXUS iShares Core Intl Stock ETF | 0.25% | 35,487 | $3.0M | Add +4.4% |
| DGRO iShares Core Dividend Growth | 0.24% | 41,168 | $2.9M | Add +1.5% |
| MDY State Street SPDR S&P Midcap | 0.23% | 4,463 | $2.7M | Reduce -0.5% |
| WMT Walmart Inc. | 0.22% | 23,248 | $2.6M | Add +1.3% |
| AVGO Broadcom Inc. | 0.20% | 6,872 | $2.4M | Add +4.2% |
| JNJ Johnson & Johnson | 0.18% | 10,521 | $2.2M | Add +10.3% |
| DFUS Dimensional US Eq MKT ETF | 0.18% | 28,047 | $2.1M | Add +0.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.17% | 22,200 | $2.0M | Add +37.2% |
| LLY Eli Lilly & Co. | 0.16% | 1,745 | $1.9M | Add +0.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.15% | 32,435 | $1.8M | Add +0.2% |
| GLD SPDR Gold Shares | 0.15% | 4,468 | $1.8M | Add +100.5% |
| MA Mastercard Inc. Class A | 0.15% | 3,039 | $1.7M | Reduce -0.5% |
| SUSA iShares ESG Optimized MSCI U | 0.15% | 12,306 | $1.7M | Add +0.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.14% | 5,572 | $1.6M | Add +15.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.13% | 13,759 | $1.6M | Reduce -0.4% |
| PG The Procter & Gamble Co. | 0.12% | 9,714 | $1.4M | Reduce -0.9% |
| KLAC KLA Corp. | 0.11% | 1,126 | $1.3M | Add +8.8% |
| IWR iShares Russell Mid-Cap ETF | 0.11% | 13,086 | $1.3M | Reduce -2.8% |
| DVY iShares Select Dividend ETF | 0.11% | 8,794 | $1.2M | Add +0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 4,140 | $1.2M | Add +4.2% |
| CAT Caterpillar Inc. | 0.10% | 2,078 | $1.2M | Add +1.5% |
| COST Costco Wholesale Corp. | 0.10% | 1,342 | $1.2M | Add +1.7% |
| ABBV Abbvie Inc. | 0.09% | 4,721 | $1.1M | Add +5.7% |
| ACWI iShares MSCI Acwi ETF | 0.09% | 7,155 | $1.0M | Add +3.3% |
| ORCL Oracle Corp. | 0.09% | 5,162 | $1.0M | Add +1.9% |
| CI The Cigna Group | 0.08% | 3,414 | $937K | Add +1.0% |
| AGG iShares Core U.S. Aggregate | 0.08% | 9,281 | $927K | Add +59.2% |
| MRK Merck & Co. Inc. | 0.08% | 8,477 | $901K | Reduce -0.6% |
| PEP Pepsico Inc. | 0.08% | 6,165 | $895K | Add +0.6% |
| XOM Exxon Mobil Corp. | 0.07% | 7,201 | $870K | Reduce -5.1% |
| XLK SS Technology Select Sector | 0.07% | 5,985 | $862K | Reduce -4.8% |
| BA The Boeing Co. | 0.07% | 3,999 | $861K | Add +31.8% |
| SHOP Shopify Inc. Class A | 0.07% | 5,329 | $858K | Add +0.1% |
| LMT Lockheed Martin Corp. | 0.07% | 1,723 | $833K | Reduce -15.7% |
| SBUX Starbucks Corp. | 0.07% | 9,761 | $822K | Reduce -0.1% |
| CVX Chevron Corp. | 0.07% | 5,089 | $777K | Reduce -4.4% |
| TT Trane Technologies PLC | 0.06% | 2,021 | $766K | Add +2.6% |
| MCD McDonald's Corp. | 0.06% | 2,450 | $747K | Add +1.1% |
| CSCO Cisco Systems Inc. | 0.06% | 9,279 | $716K | Add +3.3% |
| VONV Vanguard Russell 1000 Value | 0.06% | 7,759 | $716K | New |
| LUV Southwest Airlines Co. | 0.06% | 17,000 | $706K | No change |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.06% | 2,240 | $705K | Add +0.2% |
| MKL Markel Group Inc. | 0.06% | 339 | $705K | Add +3.7% |
| RTX RTX Corp. | 0.06% | 3,708 | $681K | Add +2.0% |
| VYM Vanguard High DVD Yield ETF | 0.06% | 4,674 | $671K | Add +0.3% |
| MUB iShares National Muni Bond E | 0.06% | 6,222 | $666K | Reduce -1.1% |
| TDVG T Rowe Price Dividend Growth | 0.06% | 14,723 | $662K | Reduce -19.3% |
| IWM iShares Russell 2000 ETF | 0.05% | 2,568 | $632K | Reduce -0.6% |
| NFLX Netflix Inc. | 0.05% | 6,686 | $627K | Add +14.5% |
| AMAT Applied Materials Inc. | 0.05% | 2,386 | $613K | Reduce -13.9% |
| EMR Emerson Electric Co. | 0.05% | 4,491 | $596K | Add +1.9% |
| CRM Salesforce Inc. | 0.05% | 2,157 | $569K | Reduce -7.0% |
| GE General Electric filed as GE AEROSPACE | 0.05% | 1,753 | $540K | Add +12.6% |
| SMH Vaneck Semiconductor ETF | 0.05% | 1,499 | $540K | Add +5.0% |
Portfolio Sells Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | Reduce -4.8% | 6.75% | −0.41 |
| ICSH iShares Ultra Short Duration | Reduce -3.2% | 5.05% | −0.35 |
| IWB iShares Russell 1000 ETF | Reduce -2.4% | 7.84% | −0.27 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.9% | 5.33% | −0.18 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -3.7% | 3.18% | −0.15 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -12.6% | 0.72% | −0.12 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -7.6% | 0.83% | −0.09 |
| SCHB Schwab US Broad Market ETF | Reduce -0.6% | 5.10% | −0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.0% | 1.65% | −0.07 |
| HD Home Depot Inc. | Reduce -2.0% | 0.27% | −0.06 |
| IWF iShares Russell 1000 Growth | Reduce -0.5% | 1.92% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -8.9% | 0.47% | −0.05 |
| NVDA Nvidia Corp. | Reduce -3.5% | 0.55% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -9.5% | 0.29% | −0.03 |
| DFAC Dimensional US Core Equity 2 | Reduce -2.2% | 1.08% | −0.03 |
| IWV iShares Russell 3000 ETF | Reduce -3.5% | 0.54% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.9% | 0.51% | −0.03 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.02 |
| ICE Intercontinental Exchange Inc. | Reduce -51.4% | 0.02% | −0.02 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.02 |
| LH Labcorp Holdings Inc. | Sold out | 0.00% | −0.02 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.02 |
| ACVA Acv Auctions Inc. Class A | Sold out | 0.00% | −0.02 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −0.02 |
| ARKW ARK Next Generation Technolo | Sold out | 0.00% | −0.02 |
| ACM Aecom | Sold out | 0.00% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -15.7% | 0.07% | −0.02 |
| DE Deere & Co. | Sold out | 0.00% | −0.02 |
| LIN Linde PLC | Sold out | 0.00% | −0.02 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −0.02 |
| OBDC Blue Owl Capital Corp. | Reduce -22.7% | 0.04% | −0.02 |
| TDVG T Rowe Price Dividend Growth | Reduce -19.3% | 0.06% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.9% | 0.12% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.9% | 0.41% | −0.01 |
| IVW iShares S&P 500 Growth ETF | Reduce -1.4% | 0.46% | −0.01 |
| CION Cion Investment Corp. | Sold out | 0.00% | −0.01 |
| IAK iShares U.S. Insurance ETF | Reduce -31.2% | 0.02% | −0.01 |
| DKNG Draftkings Inc. Class A | Reduce -13.7% | 0.03% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Reduce -2.8% | 0.11% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -9.0% | 0.04% | −0.01 |
| CVX Chevron Corp. | Reduce -4.4% | 0.07% | −0.01 |
| WM Waste Management Inc. | Reduce -14.9% | 0.03% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -0.5% | 0.15% | −0.01 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -14.0% | 0.03% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -0.5% | 0.23% | −0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -0.6% | 0.32% | −0.01 |
| INTU Intuit Inc. | Reduce -5.9% | 0.04% | −0.01 |
| HUBS HubSpot Inc. | Reduce -5.1% | 0.02% | −0.01 |
| XLF SS Financial Select Sector | Reduce -11.0% | 0.04% | −0.01 |
| DIS The Walt Disney Co. | Reduce -0.4% | 0.13% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| VONG Vanguard Russell 1000 Growth | Add +386.5% | 0.64% | +0.50 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +7.4% | 6.40% | +0.44 |
| DGRW Wisdomtree U.S. Quality Divi | Add +19.3% | 1.93% | +0.27 |
| IJH iShares Core S&P Midcap ETF | Add +16.8% | 1.28% | +0.16 |
| GOOGL Alphabet Inc. Class A | Add +3.7% | 0.61% | +0.14 |
| QQQM Invesco Nasdaq 100 ETF | Add +18.9% | 0.78% | +0.12 |
| GOOG Alphabet Inc. Class C | Add +3.5% | 0.50% | +0.11 |
| ITOT iShares Core S&P Total U.S. | Add +2.0% | 11.57% | +0.10 |
| GLD SPDR Gold Shares | Add +100.5% | 0.15% | +0.08 |
| VONV Vanguard Russell 1000 Value | New | 0.06% | +0.06 |
| IEMG iShares Core MSCI Emerging | Add +8.5% | 0.78% | +0.05 |
| IEFA iShares Core MSCI Eafe ETF | Add +37.2% | 0.17% | +0.04 |
| LLY Eli Lilly & Co. | Add +0.9% | 0.16% | +0.04 |
| VXF Vanguard Extended Market ETF | Add +6.1% | 1.61% | +0.04 |
| IAU iShares Gold Trust | New | 0.03% | +0.03 |
| JPST JPMorgan Ultra-Short Income | Add +8.6% | 0.65% | +0.03 |
| JNJ Johnson & Johnson | Add +10.3% | 0.18% | +0.03 |
| AGG iShares Core U.S. Aggregate | Add +59.2% | 0.08% | +0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.03% | +0.03 |
| CRH CRH PLC | New | 0.02% | +0.02 |
| SCHD Schwab US DVD Equity ETF | Add +5.4% | 0.88% | +0.02 |
| IWD iShares Russell 1000 Value E | Add +5.6% | 0.41% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.02% | +0.02 |
| BMY Bristol-Myers Squibb Co. | New | 0.02% | +0.02 |
| MO Altria Group Inc. | New | 0.02% | +0.02 |
| FELV Fidelity Enh LRG Cap Val ETF | New | 0.02% | +0.02 |
| GSIE Goldman Sachs Activebeta Int | Add +2.6% | 0.47% | +0.02 |
| BA The Boeing Co. | Add +31.8% | 0.07% | +0.02 |
| CAT Caterpillar Inc. | Add +1.5% | 0.10% | +0.01 |
| FSSL FS Specialty Lending Fund | New | 0.01% | +0.01 |
| VXUS Vanguard Total Intl Stock | Add +2.3% | 0.77% | +0.01 |
| WMT Walmart Inc. | Add +1.3% | 0.22% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +15.4% | 0.14% | +0.01 |
| AMD Advanced Micro Devices | Add +11.8% | 0.04% | +0.01 |
| AVGO Broadcom Inc. | Add +4.2% | 0.20% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +3.8% | 0.44% | +0.01 |
| KLAC KLA Corp. | Add +8.8% | 0.11% | +0.01 |
| IXUS iShares Core Intl Stock ETF | Add +4.4% | 0.25% | +0.01 |
| CSCO Cisco Systems Inc. | Add +3.3% | 0.06% | +0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +40.7% | 0.03% | +0.01 |
| CEG Constellation Energy | Add +27.3% | 0.02% | +0.01 |
| IBM Intl Business Machines Corp. | Add +4.2% | 0.10% | +0.01 |
| BAC Bank of America Corp. | Add +0.2% | 0.15% | +0.01 |
| GEV GE Vernova Inc. | Add +22.9% | 0.03% | +0.01 |
| MS Morgan Stanley | Add +6.5% | 0.04% | +0.01 |
| AMGN Amgen Inc. | Add +11.8% | 0.03% | +0.01 |
| EPD Enterprise Products Partners | Add +30.1% | 0.02% | +0.01 |
| UPS United Parcel Service Class B | Add +1.5% | 0.04% | +0.01 |
| MKL Markel Group Inc. | Add +3.7% | 0.06% | +0.01 |
| SMH Vaneck Semiconductor ETF | Add +5.0% | 0.05% | +0.01 |
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 |