# PFW Advisors LLC

> Institutional holdings reported to the SEC as of Q3 2026 on Form 13F. CIK 1989744. Source: https://holderbook.com/funds/1989744-pfw-advisors-llc/

- Reported value: $336.8M
- Positions: 122
- Weight of the ten largest: 56.2%
- Filed: 2026-10-07

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $38.9M | 452,369 | 11.6% | 14 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $31.7M | 252,751 | 9.4% | 14 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $26.3M | 105,963 | 7.8% | 14 |
| VULCAN MATLS CO | [VMC](https://holderbook.com/stocks/VMC/) | $26.2M | 107,155 | 7.8% | 14 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $19.0M | 177,997 | 5.6% | 14 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $13.3M | 188,593 | 4.0% | 14 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $9.7M | 162,905 | 2.9% | 11 |
| NORTHERN LTS FD TR II | [WCPB](https://holderbook.com/stocks/WCPB/) | $8.5M | 352,818 | 2.5% | 3 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $8.0M | 119,574 | 2.4% | 14 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $7.5M | 22,622 | 2.2% | 14 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $6.7M | 24,288 | 2.0% | 14 |
| VANGUARD BD INDEX FDS | [BLV](https://holderbook.com/stocks/BLV/) | $6.5M | 104,271 | 1.9% | 14 |
| PIMCO ETF TR | [MINT](https://holderbook.com/stocks/MINT/) | $6.3M | 62,649 | 1.9% | 14 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.2M | 22,855 | 1.5% | 14 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.1M | 9,991 | 1.5% | 14 |
| VANGUARD INSTL INDEX FD | [VBIL](https://holderbook.com/stocks/VBIL/) | $4.3M | 56,350 | 1.3% | 7 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $3.9M | 37,516 | 1.2% | 14 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $3.4M | 21,223 | 1.0% | 14 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $3.3M | 12,428 | 1.0% | 14 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $3.1M | 2,692 | 0.9% | 14 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.0M | 8,402 | 0.9% | 14 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.9M | 26,603 | 0.9% | 14 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.8M | 8,036 | 0.8% | 14 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $2.6M | 4,770 | 0.8% | 14 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.5M | 7,226 | 0.7% | 14 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $2.3M | 2,179 | 0.7% | 8 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $2.3M | 29,032 | 0.7% | 14 |
| PGIM ETF TR | [PHYL](https://holderbook.com/stocks/PHYL/) | $2.3M | 67,987 | 0.7% | 14 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $2.2M | 14,621 | 0.7% | 14 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $2.2M | 8,612 | 0.7% | 14 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $2.2M | 29,064 | 0.7% | 14 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $2.1M | 21,410 | 0.6% | 14 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $2.1M | 11,435 | 0.6% | 14 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $2.1M | 18,462 | 0.6% | 14 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $2.0M | 39,141 | 0.6% | 6 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $2.0M | 13,622 | 0.6% | 14 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $1.9M | 33,551 | 0.6% | 14 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $1.9M | 4,874 | 0.6% | 8 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $1.8M | 18,516 | 0.5% | 14 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.8M | 1,993 | 0.5% | 14 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.8M | 6,346 | 0.5% | 14 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $1.8M | 13,792 | 0.5% | 10 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.8M | 7,698 | 0.5% | 14 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.7M | 6,988 | 0.5% | 14 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $1.6M | 3,913 | 0.5% | 14 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.6M | 4,689 | 0.5% | 14 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $1.5M | 3,083 | 0.4% | 14 |
| VANGUARD SCOTTSDALE FDS | [VONE](https://holderbook.com/stocks/VONE/) | $1.4M | 4,144 | 0.4% | 14 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.3M | 3,188 | 0.4% | 14 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.3M | 3,882 | 0.4% | 14 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.3M | 1,814 | 0.4% | 14 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $1.3M | 4,674 | 0.4% | 14 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.3M | 12,126 | 0.4% | 14 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $1.2M | 17,046 | 0.4% | 10 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $1.2M | 3,470 | 0.3% | 14 |
| COMMERCE BANCSHARES INC | [CBSH](https://holderbook.com/stocks/CBSH/) | $1.2M | 21,029 | 0.3% | 14 |
| FEDERAL RLTY INVT TR NEW | [FRT](https://holderbook.com/stocks/FRT/) | $1.1M | 10,582 | 0.3% | 3 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.1M | 1,721 | 0.3% | 14 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $1.0M | 10,365 | 0.3% | 14 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.0M | 18,622 | 0.3% | 14 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $1.0M | 6,257 | 0.3% | 2 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $967.7K | 7,453 | 0.3% | 14 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $953.3K | 2,597 | 0.3% | 14 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $874.0K | 10,918 | 0.3% | 14 |
| VANGUARD MUN BD FDS | [VSDM](https://holderbook.com/stocks/VSDM/) | $860.2K | 11,565 | 0.3% | 1 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $853.7K | 3,100 | 0.3% | 14 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $836.3K | 3,532 | 0.2% | 14 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $810.7K | 2,700 | 0.2% | 4 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $799.9K | 2,890 | 0.2% | 14 |
| PPG INDS INC | [PPG](https://holderbook.com/stocks/PPG/) | $777.5K | 7,452 | 0.2% | 14 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $722.7K | 2,037 | 0.2% | 14 |
| J P MORGAN EXCHANGE TRADED F | [JMUB](https://holderbook.com/stocks/JMUB/) | $690.9K | 14,520 | 0.2% | 1 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $688.7K | 12,684 | 0.2% | 14 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $669.4K | 4,109 | 0.2% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $658.8K | 1,323 | 0.2% | 14 |
| TRACTOR SUPPLY CO | [TSCO](https://holderbook.com/stocks/TSCO/) | $584.4K | 18,676 | 0.2% | 14 |
| RBC BEARINGS INC | [RBC](https://holderbook.com/stocks/RBC/) | $538.7K | 1,079 | 0.2% | 14 |
| PINNACLE FINL PARTNERS INC | [PNFP](https://holderbook.com/stocks/PNFP/) | $518.2K | 5,536 | 0.2% | 3 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $488.1K | 5,889 | 0.1% | 14 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $487.6K | 1,714 | 0.1% | 14 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $478.6K | 1,736 | 0.1% | 1 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $470.7K | 1,323 | 0.1% | 14 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $469.5K | 3,736 | 0.1% | 11 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $455.9K | 262 | 0.1% | 2 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $441.9K | 1,669 | 0.1% | 2 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $434.4K | 1,391 | 0.1% | 11 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $415.8K | 545 | 0.1% | 14 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $414.2K | 549 | 0.1% | 14 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $409.9K | 2,465 | 0.1% | 14 |
| BANCO SANTANDER S.A. | [SAN](https://holderbook.com/stocks/SAN/) | $378.2K | 27,344 | 0.1% | 14 |
| SIMPSON MFG INC | [SSD](https://holderbook.com/stocks/SSD/) | $359.0K | 2,101 | 0.1% | 14 |
| ANGLOGOLD ASHANTI PLC | [AU](https://holderbook.com/stocks/AU/) | $347.1K | 3,694 | 0.1% | 2 |
| PRIMERICA INC | [PRI](https://holderbook.com/stocks/PRI/) | $344.0K | 1,263 | 0.1% | 14 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $331.4K | 2,036 | 0.1% | 1 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $328.9K | 346 | 0.1% | 5 |
| WATTS WATER TECHNOLOGIES INC | [WTS](https://holderbook.com/stocks/WTS/) | $328.3K | 927 | 0.1% | 11 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $319.3K | 700 | 0.1% | 3 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $286.9K | 561 | 0.1% | 2 |
| MANHATTAN ASSOCIATES INC | [MANH](https://holderbook.com/stocks/MANH/) | $283.5K | 1,427 | 0.1% | 1 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $282.2K | 348 | 0.1% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +8.7% | +14.8% | -6.2% | 100% |
| Q1 2026 | -1.0% | -4.6% | +3.7% | 100% |
| Q4 2025 | +0.3% | +2.4% | -2.1% | 100% |
| Q3 2025 | +5.3% | +7.8% | -2.5% | 100% |
| Q2 2025 | +5.9% | +10.5% | -4.5% | 100% |
| Q1 2025 | -0.5% | -4.6% | +4.1% | 100% |
| Q3 2024 | +7.1% | +5.4% | +1.7% | 100% |
| Q2 2024 | -0.3% | +4.0% | -4.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2026 | $336.8M | 122 |
| Q2 2026 | $343.0M | 124 |
| Q1 2026 | $317.9M | 118 |
| Q4 2025 | $331.1M | 121 |
| Q3 2025 | $338.1M | 129 |
| Q2 2025 | $325.1M | 125 |
| Q1 2025 | $319.0M | 121 |
| Q4 2024 | $325.1M | 125 |
| Q2 2024 | $314.3M | 118 |
| Q1 2024 | $327.1M | 123 |
| Q4 2023 | $312.9M | 122 |
| Q3 2023 | $283.1M | 117 |