Pathway Financial Advisers, LLC
Long book
$353.6M
Q1 2026
Positions
164
Top-10 weight
23%
concentration
Last quarter
+11.3%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsPathway Financial Advisers, LLC is an institutional manager, running a $353.6M US long book across 164 positions.
The portfolio is broadly diversified across 164 positions (top 10 only 23%). Turnover is modest: positions are typically held for years. Current anchor positions: BROADCOM INC, ENTERPRISE PRODUCTS PARTNERS, STEEL DYNAMICS INC, JPMORGAN CHASE & CO, DUKE ENERGY CORP.
Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.6%
Q2 2024
+9.9%
Q3 2024
-3.9%
Q4 2024
+2.2%
Q1 2025
+4.0%
Q2 2025
+7.1%
Q3 2025
+2.7%
Q4 2025
+2.6%
Q1 2026
+11.3%
Sector allocation
Technology 19%
Utilities 18%
Industrials 15%
Financials 14%
Healthcare 9%
Energy 7%
Consumer discretionary 6%
Consumer staples 5%
Long book by quarter
What does Pathway Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AVGO BROADCOM INC | Technology | 37.2K | $11.5M | 3.3% | +1.5% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 293.9K | $11.1M | 3.1% | +1.4% |
| STLD STEEL DYNAMICS INC | Industrials | 45.8K | $8.2M | 2.3% | -2.2% |
| JPM JPMORGAN CHASE & CO | Financials | 27.9K | $8.2M | 2.3% | -2.7% |
| DUK DUKE ENERGY CORP | Utilities | 58.5K | $7.7M | 2.2% | +1.9% |
| ABBV ABBVIE INC | Healthcare | 34.2K | $7.4M | 2.1% | +2.0% |
| ENB ENBRIDGE INC | Energy | 123.7K | $6.7M | 1.9% | -0.1% |
| CSCO CISCO SYSTEMS INC | Technology | 82.2K | $6.4M | 1.8% | -4.0% |
| CVX CHEVRON CORP | Energy | 30.3K | $6.3M | 1.8% | +5.7% |
| PEP PEPSICO INC | Consumer staples | 39.6K | $6.2M | 1.7% | -0.1% |
| AAPL APPLE INC | Technology | 24.1K | $6.1M | 1.7% | +0.2% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 102.9K | $5.2M | 1.5% | +1.8% |
| OKE ONEOK INC | Utilities | 54.9K | $5.0M | 1.4% | -9.4% |
| RTX RTX CORP | Industrials | 25.0K | $4.8M | 1.4% | -6.5% |
| MSFT MICROSOFT CORP | Technology | 12.8K | $4.7M | 1.3% | +16.0% |
| WMT WALMART INC | Consumer discretionary | 36.8K | $4.6M | 1.3% | +0.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 18.4K | $4.5M | 1.3% | -3.4% |
| BNS BANK OF NOVA SCOTIA | Financials | 64.8K | $4.5M | 1.3% | -3.0% |
| NVDA NVIDIA CORP | Technology | 25.4K | $4.4M | 1.3% | +7.0% |
| SO SOUTHERN CO/THE | Utilities | 45.1K | $4.4M | 1.2% | +2.8% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 18.0K | $4.4M | 1.2% | -2.1% |
| GOOGL ALPHABET INC-CL A | Technology | 13.7K | $3.9M | 1.1% | +9.9% |
| MCD MCDONALD'S CORP | Consumer discretionary | 12.6K | $3.9M | 1.1% | +0.4% |
| LMT LOCKHEED MARTIN CORP | Industrials | 6.4K | $3.8M | 1.1% | -40.7% |
| AEP AMERICAN ELECTRIC POWER | Utilities | 29.0K | $3.8M | 1.1% | +11.4% |
| MRK MERCK & CO. INC. | Healthcare | 31.5K | $3.8M | 1.1% | +10.2% |
| CMI CUMMINS INC | Industrials | 6.8K | $3.6M | 1.0% | -6.1% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 22.0K | $3.6M | 1.0% | +0.2% |
| EVRG EVERGY INC | Utilities | 43.8K | $3.6M | 1.0% | +0.8% |
| WM WASTE MANAGEMENT INC | Utilities | 15.3K | $3.5M | 1.0% | +2.0% |
| AMGN AMGEN INC | Healthcare | 9.9K | $3.5M | 1.0% | -35.2% |
| GS GOLDMAN SACHS GROUP INC | Financials | 3.6K | $3.0M | 0.9% | -4.8% |
| MPLX MPLX LP | Energy | 51.6K | $2.9M | 0.8% | +16.1% |
| UNP UNION PACIFIC CORP | Industrials | 12.1K | $2.9M | 0.8% | +15.7% |
| PSX PHILLIPS 66 | Energy | 16.0K | $2.9M | 0.8% | +33.5% |
| NOC NORTHROP GRUMMAN CORP | Technology | 4.2K | $2.9M | 0.8% | +7.1% |
| KO COCA-COLA CO/THE | Consumer staples | 38.0K | $2.9M | 0.8% | +8.4% |
| EMR EMERSON ELECTRIC CO | Industrials | 21.8K | $2.9M | 0.8% | +6.4% |
| ET ENERGY TRANSFER LP | Utilities | 145.8K | $2.8M | 0.8% | +10.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 13.4K | $2.8M | 0.8% | +18.4% |
| LLY ELI LILLY & CO | Healthcare | 2.8K | $2.6M | 0.7% | +11.1% |
| RY ROYAL BANK OF CANADA | Financials | 15.7K | $2.5M | 0.7% | -0.7% |
| GLW CORNING INC | Industrials | 18.7K | $2.5M | 0.7% | -10.8% |
| KLAC KLA CORP | Other | 1.7K | $2.5M | 0.7% | +0.2% |
| WLKP WESTLAKE CHEMICAL PARTNERS L | Other | 106.6K | $2.4M | 0.7% | +3.1% |
| LRCX LAM RESEARCH CORP | Industrials | 10.8K | $2.3M | 0.7% | -4.9% |
| GD GENERAL DYNAMICS CORP | Industrials | 6.6K | $2.3M | 0.6% | +27.0% |
| QCOM QUALCOMM INC | Technology | 17.6K | $2.3M | 0.6% | +8.6% |
| WEC WEC ENERGY GROUP INC | Utilities | 19.1K | $2.2M | 0.6% | +4.3% |
| NTR NUTRIEN LTD | Other | 28.6K | $2.2M | 0.6% | -1.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 164 | $353.6M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 163 | $345.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 376 | $342.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 21, 2025 | 163 | $308.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 158 | $291.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 30, 2025 | 435 | $296.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR/ARESTATEMENT | Oct 25, 2024 | 419 | $220.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 24, 2024 | 419 | $196.5M | SEC ↗ | |
| Q2 2024 | 13F-HR | Aug 20, 2024 | 20995 | $279.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 29, 2024 | 450 | $277.8M | canonical | SEC ↗ |
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