Pathway Financial Advisors LLC

Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.

Portfolio value: $905M
Positions: 128
Quarter ended: September 30, 2026
Filed: October 07, 2026

Reported portfolio value by quarter (34 quarters reported)

$905M $170M

Q4 17 Q3 19 Q4 21 Q3 23 Q2 25 Q3 26

$173M in Q4 2017 → $905M now. Hover for any quarter.

Holdings

As reported for the quarter ended September 30, 2026. Activity is the change in share count since the prior quarter's filing.

Holding	% of portfolio	Activity	Shares	Value
VI Vanguard Index Fds	14.3%	Added 13%	598,055	$129M
VI Vanguard Index Fds	12.5%	Added 4.8%	1,257,347	$113M
GS Goldman Sachs ETF Tr	9.4%	Trimmed 3.3%	853,862	$85.5M
VI Vanguard Index Fds	6.7%	Added 32%	778,588	$61.1M
IT Ishares Tr	5.9%	Added 42%	550,410	$53.3M
VS Vanguard Scottsdale Fds	5.3%	Added 42%	849,151	$48.1M
VI Vanguard Instl Index Fd	4.8%	Added 38%	570,107	$43.2M
I Ishares Inc	4.0%	Trimmed 17%	447,097	$36.3M
IT Ishares Tr	3.4%	Added 7.4%	225,804	$30.7M
AC American Centy ETF Tr	2.7%	Added 78%	209,069	$24.5M
FT Flexshares Tr	2.1%	Trimmed 7.2%	359,635	$19M
SS SPDR Series Trust	2.0%	Added 109%	199,952	$18.3M
VP Victory Portfolios Ii	2.0%	Added 2.2%	406,962	$18.2M
IT Ishares Tr	2.0%	Trimmed 11%	165,886	$17.7M
SS State Str SPDR S&P 500 ETF T	1.9%	Trimmed 0.3%	22,700	$17.3M
VI Vanguard Instl Index Fd	1.9%	Added 9.3%	226,573	$17.1M
VS Vanguard Specialized Funds	1.1%	Unchanged	40,974	$9.56M
IT Ishares Tr	0.7%	Added 1.0%	65,022	$6.76M
IT Ishares Tr	0.7%	Unchanged	29,079	$6.64M
MI Matthews Intl Fds	0.6%	Trimmed 41%	135,295	$5.6M
Apple Inc	0.6%	Trimmed 1.1%	16,026	$5.34M
VI Vanguard Index Fds	0.6%	Trimmed 2.8%	18,758	$5.34M
VT Vanguard Tax-managed Fds	0.6%	Added 45%	70,764	$5M
IT Ishares Tr	0.5%	Unchanged	29,821	$4.24M
VI Vanguard Intl Equity Index F	0.4%	Added 2.7%	67,026	$3.98M
IT Ishares Tr	0.4%	Unchanged	14,660	$3.63M
IT Ishares Tr	0.4%	Added 177%	71,846	$3.55M
IT Ishares Tr	0.4%	Trimmed 0.6%	33,170	$3.54M
VI Vanguard Index Fds	0.4%	Trimmed 0.3%	15,081	$3.48M
Microsoft Corp	0.4%	Trimmed 6.6%	6,302	$3.23M
IT Ishares Tr	0.4%	Trimmed 2.9%	27,419	$3.19M
BM Bny Mellon ETF Trust	0.4%	Trimmed 32%	61,694	$3.19M
IT Ishares Tr	0.3%	Unchanged	47,365	$3.16M
IQ Invesco Qqq Tr	0.3%	Added 0.4%	4,223	$3.12M
I Ishares Inc	0.3%	Trimmed 31%	39,012	$2.94M
HI Honeywell Intl Inc	0.3%	New	13,554	$2.86M
MS Morgan Stanley ETF Trust	0.3%	Added 21%	26,635	$2.52M
BI The Baldwin Insurance Grp In	0.3%	Unchanged	76,394	$2.43M
VI Vanguard Index Fds	0.3%	Unchanged	11,864	$2.32M
IT Ishares Tr	0.3%	Trimmed 11%	14,261	$2.29M
MA Matthews Asia Fds	0.3%	Trimmed 14%	75,562	$2.27M
VI Vanguard Index Fds	0.2%	Added 30%	3,140	$2.2M
Caterpillar Inc	0.2%	Added 0.3%	2,709	$2.2M
ES Ea Series Trust	0.2%	Trimmed 0.9%	88,761	$2.19M
SS Select Sector SPDR Tr	0.2%	Trimmed 0.2%	11,177	$2.19M
Church & Dwight Co Inc	0.2%	Unchanged	22,736	$2.14M
HA Honeywell Aerospace Inc	0.2%	New	13,205	$2.05M
Nvidia Corporation	0.2%	Added 0.7%	8,844	$2.02M
IT Ishares Tr	0.2%	Added 34%	21,240	$2.01M
GE Gmo ETF Trust	0.2%	Trimmed 0.1%	47,423	$1.88M
IT Ishares Tr	0.2%	Trimmed 6.2%	9,985	$1.78M
VI Vanguard Index Fds	0.2%	Trimmed 0.2%	4,566	$1.71M
VI Vanguard Index Fds	0.2%	Unchanged	4,651	$1.64M
VW Vanguard World Fd	0.2%	Unchanged	7,240	$1.58M
IT Ishares Tr	0.2%	Unchanged	9,200	$1.53M
Alphabet Inc	0.2%	Added 0.9%	4,166	$1.43M
IT Ishares Tr	0.2%	Unchanged	3,400	$1.41M
IE Innovator Etfs Trust	0.2%	Trimmed 12%	30,130	$1.41M
WG World Gold Tr	0.2%	Unchanged	16,965	$1.39M
IT Ishares Tr	0.2%	Added 8.2%	13,455	$1.39M

Showing top 60 of 128 positions.

Timeline of changes

What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.

Q3 2026

quarter ended September 30, 2026 · filed October 07, 2026

Company	Action	Shares changed	Value of change	% of portfolio
IT Ishares Tr	Trimmed	−233,549	−$37.1M	0.1%
IT Ishares Tr	Added	+161,904	+$15.7M	5.9%
VI Vanguard Index Fds	Added	+69,342	+$15M	14.3%
VI Vanguard Index Fds	Added	+188,490	+$14.8M	6.7%
VS Vanguard Scottsdale Fds	Added	+251,216	+$14.2M	5.3%
VI Vanguard Instl Index Fd	Added	+157,961	+$12M	4.8%
AC American Centy ETF Tr	Added	+91,567	+$10.7M	2.7%
SS SPDR Series Trust	Added	+104,110	+$9.54M	2.0%
I Ishares Inc	Trimmed	−89,713	−$7.28M	4.0%
VI Vanguard Index Fds	Added	+57,758	+$5.2M	12.5%

Showing the 10 largest of 84 changes.

Q2 2026

quarter ended June 30, 2026 · filed July 06, 2026

Company	Action	Shares changed	Value of change	% of portfolio
VI Vanguard Index Fds	Added	+993,795	+$85M	12.0%
VI Vanguard Index Fds	Added	+443,012	+$35.7M	5.5%
GS Goldman Sachs ETF Tr	Trimmed	−75,184	−$7.51M	10.3%
BM Bny Mellon ETF Trust	Trimmed	−73,382	−$3.96M	0.6%
VI Vanguard Instl Index Fd	Trimmed	−48,380	−$3.65M	1.8%
HI Honeywell Intl Inc	Trimmed	−13,563	−$3.12M	0.4%
VS Vanguard Scottsdale Fds	Added	+51,489	+$3.03M	4.1%
VW Vanguard World Fd	Added	+20,260	+$2.32M	0.3%
VI Vanguard Instl Index Fd	Added	+28,629	+$2.16M	3.6%
IT Ishares Tr	Added	+20,496	+$1.99M	4.4%

Showing the 10 largest of 102 changes.

Q1 2026

quarter ended March 31, 2026 · filed April 08, 2026

Company	Action	Shares changed	Value of change	% of portfolio
IT Ishares Tr	Added	+82,752	+$7.56M	4.2%
VI Vanguard Index Fds	Added	+26,858	+$5.29M	13.0%
VI Vanguard Index Fds	Added	+9,677	+$4.28M	11.3%
AC American Centy ETF Tr	Added	+38,345	+$4.08M	1.6%
I Ishares Inc	Added	+49,931	+$3.47M	4.5%
VS Vanguard Scottsdale Fds	Added	+36,921	+$2.19M	4.0%
VI Vanguard Instl Index Fd	Trimmed	−25,807	−$1.95M	3.6%
BM Bny Mellon ETF Trust	Trimmed	−34,038	−$1.69M	1.0%
GS Goldman Sachs ETF Tr	Added	+15,395	+$1.54M	11.8%
VT Vanguard Tax-managed Fds	Added	+22,567	+$1.46M	0.3%

Showing the 10 largest of 77 changes.

Q4 2025

quarter ended December 31, 2025 · filed January 14, 2026

Company	Action	Shares changed	Value of change	% of portfolio
VI Vanguard Instl Index Fd	Added	+60,118	+$4.54M	3.9%
VI Vanguard Instl Index Fd	Trimmed	−55,388	−$4.18M	2.4%
VI Vanguard Index Fds	Added	+20,979	+$4.12M	12.5%
IT Ishares Tr	Added	+35,060	+$3.21M	3.3%
VI Vanguard Index Fds	Added	+6,335	+$3.11M	12.1%
SS SPDR Series Trust	Added	+29,617	+$2.71M	1.2%
VI Vanguard Index Fds	Added	+8,279	+$2.48M	5.4%
I Ishares Inc	Added	+31,521	+$2.21M	4.2%
IT Ishares Tr	Added	+13,908	+$1.73M	3.2%
GS Goldman Sachs ETF Tr	Trimmed	−12,207	−$1.22M	11.8%

Showing the 10 largest of 84 changes.

Q3 2025

quarter ended September 30, 2025 · filed October 10, 2025

Company	Action	Shares changed	Value of change	% of portfolio
GS Goldman Sachs ETF Tr	Trimmed	−241,410	−$24.2M	12.8%
IT Ishares Tr	Added	+129,234	+$11.3M	2.9%
VI Vanguard Index Fds	Added	+57,730	+$10.8M	12.1%
VI Vanguard Index Fds	Added	+16,086	+$7.72M	12.1%
VI Vanguard Instl Index Fd	Added	+77,079	+$5.83M	3.5%
I Ishares Inc	Added	+68,376	+$4.51M	3.9%
VI Vanguard Index Fds	Added	+13,073	+$3.84M	5.3%
IT Ishares Tr	Added	+30,901	+$3.67M	3.0%
Nvidia Corporation	Trimmed	−11,689	−$2.18M	0.3%
BM Bny Mellon ETF Trust	Added	+41,229	+$2.12M	1.2%

Showing the 10 largest of 73 changes.

Q2 2025

quarter ended June 30, 2025 · filed July 25, 2025

Company	Action	Shares changed	Value of change	% of portfolio
IT Ishares Tr	Added	+240,790	+$31M	4.6%
GS Goldman Sachs ETF Tr	Trimmed	−244,342	−$24.5M	17.5%
VI Vanguard Index Fds	Added	+92,367	+$16.3M	11.1%
VI Vanguard Index Fds	Added	+37,163	+$16.3M	11.1%
VI Vanguard Instl Index Fd	Added	+161,189	+$12.2M	3.0%
VS Vanguard Scottsdale Fds	Added	+201,557	+$12.1M	4.4%
VP Victory Portfolios Ii	Added	+201,996	+$9.51M	2.5%
I Ishares Inc	Added	+141,878	+$8.52M	3.3%
VI Vanguard Instl Index Fd	Added	+109,163	+$8.24M	3.3%
IT Ishares Tr	Added	+88,696	+$7.4M	1.5%

Showing the 10 largest of 132 changes.

Q1 2025

quarter ended March 31, 2025 · filed April 16, 2025

Company	Action	Shares changed	Value of change	% of portfolio
GS Goldman Sachs ETF Tr	Added	+538,126	+$53.9M	26.0%
VI Vanguard Instl Index Fd	New	+185,224	+$14M	2.5%
VS Vanguard Scottsdale Fds	Added	+233,696	+$13.9M	3.2%
VI Vanguard Instl Index Fd	New	+110,938	+$8.37M	1.5%
VI Vanguard Index Fds	Added	+43,471	+$7.51M	10.4%
VI Vanguard Index Fds	Added	+18,629	+$6.91M	9.1%
I Ishares Inc	Added	+87,366	+$4.72M	2.3%
SS SPDR Ser Tr	Added	+49,795	+$4.57M	1.0%
VI Vanguard Index Fds	Added	+11,197	+$2.9M	4.5%
IT Ishares Tr	Added	+25,106	+$2.63M	2.1%

Showing the 10 largest of 104 changes.

Q4 2024

quarter ended December 31, 2024 · filed January 31, 2025

Company	Action	Shares changed	Value of change	% of portfolio
GS Goldman Sachs ETF Tr	Added	+313,932	+$31.4M	20.7%
I Ishares Inc	Added	+137,978	+$7.21M	1.8%
MI Matthews Intl Fds	Added	+151,672	+$3.97M	2.0%
JP J P Morgan Exchange Traded F	New	+46,945	+$2.36M	0.5%
VI Vanguard Index Fds	Trimmed	−3,630	−$1.49M	11.1%
IT Ishares Tr	New	+3,400	+$1.1M	0.3%
Lam Research Corp	Exited	−791	−$646K	—
Lam Research Corp	New	+7,850	+$567K	0.1%
IT Ishares Tr	Added	+5,050	+$489K	0.3%
IT Ishares Tr	Added	+4,144	+$477K	2.2%

Showing the 10 largest of 110 changes.

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