13F HOLDINGS REPORT

Goodwin Investment Advisory

Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001420506-25-001985

Total Value

$86.6M

Positions

214

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (214)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	FIDELITY COVINGTON TRUST	316092352	67,088	$3.2M	3.74%
2	FIDELITY COVINGTON TRUST	316092352	51,174	$2.5M	2.85%
3	ISHARES TR	46435G425	16,306	$2.2M	2.55%
4	ISHARES TR	46435G425	14,466	$2.0M	2.26%
5	FIDELITY COVINGTON TRUST	316092352	38,632	$1.9M	2.15%
6	INVESCO EXCHANGE TRADED FD T	IVZ	33,660	$1.8M	2.02%
7	VANGUARD INDEX FDS	922908363	2,860	$1.6M	1.88%
8	ISHARES TR	464287200	1,854	$1.2M	1.33%
9	FIDELITY COVINGTON TRUST	316092782	16,222	$1.0M	1.20%
10	BANK NEW YORK MELLON CORP	064058100	11,344	$1.0M	1.19%
11	FIDELITY COVINGTON TRUST	316092352	19,676	$949,170	1.10%
12	ISHARES TR	464287200	1,433	$889,750	1.03%
13	SELECTIVE INS GROUP INC	816300107	10,188	$882,790	1.02%
14	FIDELITY COVINGTON TRUST	316092352	18,032	$869,864	1.00%
15	FIDELITY COVINGTON TRUST	316092352	17,230	$831,175	0.96%
16	FIDELITY COVINGTON TRUST	316092352	15,100	$728,424	0.84%
17	FIDELITY COVINGTON TRUST	316092352	14,996	$723,407	0.84%
18	VANECK ETF TRUST	92189H201	14,622	$664,862	0.77%
19	FIDELITY MERRIMACK STR TR	316188309	14,118	$645,899	0.75%
20	FIDELITY COVINGTON TRUST	316092352	12,957	$625,046	0.72%
21	FIDELITY COVINGTON TRUST	316092352	12,930	$623,743	0.72%
22	FIDELITY COVINGTON TRUST	316092352	12,394	$597,887	0.69%
23	VANGUARD INDEX FDS	922908736	1,283	$562,467	0.65%
24	FIDELITY COVINGTON TRUST	316092352	11,656	$562,285	0.65%
25	FIDELITY COVINGTON TRUST	316092352	11,514	$555,435	0.64%
26	FIDELITY COVINGTON TRUST	316092352	11,420	$550,901	0.64%
27	FIDELITY COVINGTON TRUST	316092352	11,401	$549,984	0.64%
28	FIDELITY COVINGTON TRUST	316092782	8,531	$544,875	0.63%
29	FIDELITY COVINGTON TRUST	316092352	11,288	$544,513	0.63%
30	INVESCO EXCHANGE TRADED FD T	IVZ	4,948	$544,132	0.63%
31	FIDELITY COVINGTON TRUST	316092782	8,223	$525,203	0.61%
32	SELECTIVE INS GROUP INC	816300107	6,000	$519,900	0.60%
33	FIDELITY COVINGTON TRUST	316092352	10,719	$517,085	0.60%
34	PIMCO ETF TR	72201R866	9,907	$508,824	0.59%
35	FIDELITY COVINGTON TRUST	316092352	10,296	$496,679	0.57%
36	FIDELITY MERRIMACK STR TR	316188309	10,782	$493,277	0.57%
37	FIDELITY COVINGTON TRUST	316092352	9,973	$481,098	0.56%
38	FIDELITY MERRIMACK STR TR	316188309	10,443	$477,767	0.55%
39	FIDELITY COVINGTON TRUST	316092352	9,701	$467,976	0.54%
40	ISHARES TR	464287200	741	$460,087	0.53%
41	VANGUARD INDEX FDS	922908363	808	$458,968	0.53%
42	FIDELITY COVINGTON TRUST	316092352	9,313	$449,259	0.52%
43	FIDELITY MERRIMACK STR TR	316188309	9,802	$448,442	0.52%
44	FIDELITY COVINGTON TRUST	316092352	9,265	$446,944	0.52%
45	AXSOME THERAPEUTICS INC	AXSM	4,241	$442,718	0.51%
46	FIDELITY MERRIMACK STR TR	316188309	9,598	$439,109	0.51%
47	FIDELITY COVINGTON TRUST	316092352	9,096	$438,791	0.51%
48	JOHN HANCOCK EXCHANGE TRADED	47804J206	7,154	$437,324	0.50%
49	FIDELITY COVINGTON TRUST	316092352	9,016	$434,932	0.50%
50	FIDELITY COVINGTON TRUST	316092352	8,734	$421,328	0.49%
51	FIDELITY MERRIMACK STR TR	316188309	9,175	$419,756	0.48%
52	ISHARES TR	46435G425	3,076	$416,183	0.48%
53	FIDELITY COVINGTON TRUST	316092352	8,552	$412,548	0.48%
54	FIDELITY COVINGTON TRUST	316092352	8,482	$409,172	0.47%
55	VANGUARD INDEX FDS	922908595	1,462	$404,886	0.47%
56	FIDELITY COVINGTON TRUST	316092352	8,363	$403,431	0.47%
57	FIDELITY MERRIMACK STR TR	316188309	8,747	$400,175	0.46%
58	FIDELITY COVINGTON TRUST	316092352	8,161	$393,687	0.45%
59	FIDELITY COVINGTON TRUST	316092352	8,154	$393,349	0.45%
60	FIDELITY COVINGTON TRUST	316092782	6,157	$393,248	0.45%
61	VANECK ETF TRUST	92189H201	8,550	$388,769	0.45%
62	FIDELITY MERRIMACK STR TR	316188309	8,390	$383,843	0.44%
63	FIDELITY COVINGTON TRUST	316092352	7,908	$381,482	0.44%
64	VANGUARD INDEX FDS	922908736	870	$381,408	0.44%
65	FIDELITY COVINGTON TRUST	316092352	7,873	$379,794	0.44%
66	FIDELITY MERRIMACK STR TR	316188309	8,295	$379,496	0.44%
67	FIDELITY MERRIMACK STR TR	316188309	8,221	$376,099	0.43%
68	FIDELITY COVINGTON TRUST	316092352	7,788	$375,693	0.43%
69	FIDELITY COVINGTON TRUST	316092352	7,684	$370,676	0.43%
70	FIDELITY COVINGTON TRUST	316092352	7,675	$370,242	0.43%
71	FIDELITY COVINGTON TRUST	316092352	7,673	$370,146	0.43%
72	FIDELITY COVINGTON TRUST	316092352	7,538	$363,633	0.42%
73	FIDELITY COMWLTH TR	315912808	4,527	$362,613	0.42%
74	FIDELITY COVINGTON TRUST	316092352	7,512	$362,379	0.42%
75	FIDELITY MERRIMACK STR TR	316188309	7,862	$359,687	0.42%
76	FIDELITY COVINGTON TRUST	316092352	7,370	$355,529	0.41%
77	FIDELITY COVINGTON TRUST	316092352	7,338	$353,985	0.41%
78	FIDELITY COVINGTON TRUST	316092352	7,314	$352,827	0.41%
79	FIDELITY COVINGTON TRUST	316092352	7,302	$352,248	0.41%
80	FIDELITY COVINGTON TRUST	316092352	7,184	$346,556	0.40%
81	FIDELITY COVINGTON TRUST	316092352	6,994	$337,391	0.39%
82	VANGUARD INDEX FDS	922908595	1,218	$337,313	0.39%
83	FIDELITY MERRIMACK STR TR	316188309	7,366	$336,995	0.39%
84	FIDELITY COVINGTON TRUST	316092352	6,948	$335,172	0.39%
85	FIDELITY COVINGTON TRUST	316092352	6,943	$334,930	0.39%
86	FIDELITY COVINGTON TRUST	316092352	6,875	$331,648	0.38%
87	FIDELITY COVINGTON TRUST	316092352	6,856	$330,733	0.38%
88	FIDELITY COVINGTON TRUST	316092352	6,832	$329,576	0.38%
89	FIDELITY COVINGTON TRUST	316092352	6,698	$323,112	0.37%
90	FIDELITY COVINGTON TRUST	316092352	6,644	$320,507	0.37%
91	FIDELITY COVINGTON TRUST	316092782	4,985	$318,392	0.37%
92	FIDELITY COVINGTON TRUST	316092352	6,564	$316,647	0.37%
93	FIDELITY COVINGTON TRUST	316092352	6,550	$315,972	0.36%
94	VANGUARD INDEX FDS	922908363	553	$314,121	0.36%
95	FIDELITY MERRIMACK STR TR	316188309	6,863	$313,982	0.36%
96	FIDELITY COVINGTON TRUST	316092352	6,366	$307,096	0.35%
97	FIDELITY COVINGTON TRUST	316092782	4,773	$304,852	0.35%
98	FIDELITY COVINGTON TRUST	316092352	6,301	$303,953	0.35%
99	FIDELITY MERRIMACK STR TR	316188309	6,635	$303,551	0.35%
100	FIDELITY COVINGTON TRUST	316092352	6,278	$302,851	0.35%
101	FIDELITY MERRIMACK STR TR	316188309	6,615	$302,636	0.35%
102	INVESCO EXCHANGE TRADED FD T	IVZ	2,714	$298,459	0.34%
103	FIDELITY COVINGTON TRUST	316092352	6,121	$295,277	0.34%
104	VANGUARD INDEX FDS	922908769	969	$294,508	0.34%
105	FIDELITY COVINGTON TRUST	316092352	6,040	$291,370	0.34%
106	ISHARES TR	464287887	2,189	$291,225	0.34%
107	FIDELITY COMWLTH TR	315912808	3,623	$290,202	0.34%
108	FIDELITY MERRIMACK STR TR	316188309	6,321	$289,186	0.33%
109	VANGUARD INDEX FDS	922908363	509	$289,127	0.33%
110	FIDELITY COVINGTON TRUST	316092352	5,966	$287,800	0.33%
111	FIDELITY MERRIMACK STR TR	316188309	6,225	$284,794	0.33%
112	FIDELITY COVINGTON TRUST	316092352	5,888	$284,037	0.33%
113	FIDELITY MERRIMACK STR TR	316188309	6,204	$283,833	0.33%
114	FIDELITY COVINGTON TRUST	316092352	5,872	$283,265	0.33%
115	FIDELITY COVINGTON TRUST	316092352	5,868	$283,072	0.33%
116	FIDELITY COVINGTON TRUST	316092352	5,848	$282,108	0.33%
117	FIDELITY COVINGTON TRUST	316092352	5,818	$280,660	0.32%
118	FIDELITY COVINGTON TRUST	316092352	5,746	$277,187	0.32%
119	FIDELITY COVINGTON TRUST	316092352	5,740	$276,898	0.32%
120	FIDELITY COVINGTON TRUST	316092352	5,695	$274,727	0.32%
121	PIMCO ETF TR	72201R866	5,348	$274,673	0.32%
122	FIDELITY COVINGTON TRUST	316092782	4,290	$274,002	0.32%
123	FIDELITY COVINGTON TRUST	316092352	5,679	$273,955	0.32%
124	FIDELITY COVINGTON TRUST	316092352	5,671	$273,569	0.32%
125	FIDELITY COVINGTON TRUST	316092352	5,658	$272,942	0.32%
126	FIDELITY COMWLTH TR	315912808	3,356	$268,816	0.31%
127	PIMCO ETF TR	72201R866	5,233	$268,767	0.31%
128	FIDELITY COVINGTON TRUST	316092352	5,564	$268,407	0.31%
129	ISHARES TR	464288521	4,742	$268,208	0.31%
130	FIDELITY MERRIMACK STR TR	316188309	5,840	$267,180	0.31%
131	FIDELITY MERRIMACK STR TR	316188309	5,786	$264,710	0.31%
132	PIMCO ETF TR	72201R866	5,153	$264,658	0.31%
133	FIDELITY MERRIMACK STR TR	316188309	5,710	$261,233	0.30%
134	ISHARES TR	464287408	1,324	$258,736	0.30%
135	FIDELITY COVINGTON TRUST	316092352	5,349	$258,036	0.30%
136	FIDELITY COVINGTON TRUST	316092352	5,341	$257,650	0.30%
137	FIDELITY MERRIMACK STR TR	316188309	5,617	$256,978	0.30%
138	FIDELITY COVINGTON TRUST	316092352	5,280	$254,707	0.29%
139	FIDELITY MERRIMACK STR TR	316188309	5,524	$252,723	0.29%
140	FIDELITY MERRIMACK STR TR	316188309	5,512	$252,174	0.29%
141	FIDELITY COVINGTON TRUST	316092352	5,227	$252,150	0.29%
142	FIDELITY MERRIMACK STR TR	316188309	5,506	$251,913	0.29%
143	FIDELITY COVINGTON TRUST	316092352	5,203	$250,993	0.29%
144	FIDELITY COVINGTON TRUST	316092782	3,926	$250,754	0.29%
145	FIDELITY COVINGTON TRUST	316092352	5,188	$250,269	0.29%
146	FIDELITY COVINGTON TRUST	316092352	5,173	$249,546	0.29%
147	FIDELITY MERRIMACK STR TR	316188309	5,443	$249,017	0.29%
148	FIDELITY COVINGTON TRUST	316092352	5,067	$244,452	0.28%
149	FIDELITY COVINGTON TRUST	316092782	3,813	$243,536	0.28%
150	FIDELITY COMWLTH TR	315912808	3,040	$243,504	0.28%
151	FIDELITY COVINGTON TRUST	316092352	5,046	$243,419	0.28%
152	INVESCO EXCHANGE TRADED FD T	IVZ	2,188	$240,614	0.28%
153	FIDELITY COVINGTON TRUST	316092782	3,720	$237,596	0.27%
154	FIDELITY COVINGTON TRUST	316092352	4,914	$237,051	0.27%
155	VANGUARD INDEX FDS	922908736	538	$235,859	0.27%
156	FIDELITY COVINGTON TRUST	316092352	4,883	$235,556	0.27%
157	FIDELITY COVINGTON TRUST	316092352	4,880	$235,411	0.27%
158	PIMCO ETF TR	72201R866	4,564	$234,407	0.27%
159	FIDELITY COVINGTON TRUST	316092352	4,831	$233,047	0.27%
160	WALMART INC	WMT	2,365	$231,250	0.27%
161	FIDELITY COVINGTON TRUST	316092352	4,789	$231,021	0.27%
162	FIDELITY COVINGTON TRUST	316092352	4,785	$230,828	0.27%
163	FIDELITY COVINGTON TRUST	316092352	4,771	$230,153	0.27%
164	FIDELITY COVINGTON TRUST	316092782	3,599	$229,868	0.27%
165	FIDELITY MERRIMACK STR TR	316188309	5,022	$229,757	0.27%
166	VANGUARD INDEX FDS	922908363	404	$229,484	0.26%
167	FIDELITY MERRIMACK STR TR	316188309	4,988	$228,201	0.26%
168	FIDELITY COVINGTON TRUST	316092782	3,572	$228,144	0.26%
169	FIDELITY MERRIMACK STR TR	316188309	4,977	$227,698	0.26%
170	FIDELITY COVINGTON TRUST	316092782	3,539	$226,036	0.26%
171	FIDELITY MERRIMACK STR TR	316188309	4,939	$225,959	0.26%
172	ISHARES TR	464287200	363	$225,513	0.26%
173	FIDELITY COVINGTON TRUST	316092782	3,529	$225,397	0.26%
174	FIDELITY COVINGTON TRUST	316092352	4,652	$224,412	0.26%
175	FIDELITY COVINGTON TRUST	316092352	4,651	$224,364	0.26%
176	FIDELITY COVINGTON TRUST	316092352	4,651	$224,364	0.26%
177	FIDELITY MERRIMACK STR TR	316188309	4,890	$223,736	0.26%
178	FIDELITY COVINGTON TRUST	316092352	4,617	$222,724	0.26%
179	FIDELITY COVINGTON TRUST	316092352	4,609	$222,338	0.26%
180	FIDELITY COVINGTON TRUST	316092352	4,605	$222,145	0.26%
181	ISHARES TR	464287614	523	$222,055	0.26%
182	INVESCO EXCHANGE TRADED FD T	IVZ	2,008	$220,820	0.25%
183	FIDELITY COVINGTON TRUST	316092352	4,577	$220,794	0.25%
184	J P MORGAN EXCHANGE TRADED F	46641Q753	4,985	$220,487	0.25%
185	FIDELITY COVINGTON TRUST	316092352	4,569	$220,409	0.25%
186	FIDELITY COVINGTON TRUST	316092352	4,562	$220,071	0.25%
187	ISHARES TR	46435G425	1,622	$219,457	0.25%
188	FIDELITY COVINGTON TRUST	316092352	4,534	$218,720	0.25%
189	FIDELITY COVINGTON TRUST	316092352	4,534	$218,720	0.25%
190	FIDELITY COVINGTON TRUST	316092352	4,519	$217,997	0.25%
191	TESLA INC	TSLA	683	$216,962	0.25%
192	FIDELITY COVINGTON TRUST	316092352	4,496	$216,887	0.25%
193	HOME DEPOT INC	HD	591	$216,858	0.25%
194	FIDELITY COVINGTON TRUST	316092352	4,481	$216,163	0.25%
195	FIDELITY COVINGTON TRUST	316092352	4,457	$215,006	0.25%
196	KROGER CO	KR	2,997	$214,975	0.25%
197	FIDELITY COVINGTON TRUST	316092352	4,440	$214,186	0.25%
198	ISHARES TR	464287804	1,958	$213,964	0.25%
199	FIDELITY COVINGTON TRUST	316092352	4,416	$213,028	0.25%
200	FIDELITY COVINGTON TRUST	316092352	4,414	$212,931	0.25%
201	FIDELITY MERRIMACK STR TR	316188309	4,582	$209,627	0.24%
202	FIDELITY COVINGTON TRUST	316092352	4,318	$208,300	0.24%
203	FIDELITY MERRIMACK STR TR	316188309	4,543	$207,842	0.24%
204	FIDELITY COVINGTON TRUST	316092352	4,283	$206,612	0.24%
205	FIDELITY COVINGTON TRUST	316092352	4,258	$205,406	0.24%
206	FIDELITY MERRIMACK STR TR	316188309	4,487	$205,280	0.24%
207	FIDELITY MERRIMACK STR TR	316188309	4,476	$204,778	0.24%
208	FIDELITY COVINGTON TRUST	316092352	4,236	$204,345	0.24%
209	FIDELITY COVINGTON TRUST	316092352	4,202	$202,704	0.23%
210	FIDELITY COVINGTON TRUST	316092352	4,191	$202,174	0.23%
211	FIDELITY COVINGTON TRUST	316092352	4,180	$201,643	0.23%
212	VANGUARD INDEX FDS	922908736	459	$201,226	0.23%
213	FIDELITY COVINGTON TRUST	316092352	4,166	$200,968	0.23%
214	FIDELITY COVINGTON TRUST	316092352	4,161	$200,727	0.23%