13F HOLDINGS REPORT

Sterling Investment Advisors, Ltd.

Quarter ended Q2 2025 · Filed July 17, 2025 · Accession 0001701132-25-000007

Total Value

$456.1M

Positions

182

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (182)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	Apple, Inc.	AAPL	134,283	$27.6M	6.04%
2	Amazon.com, Inc.	AMZN	71,694	$15.7M	3.45%
3	Kinder Morgan, Inc.	EP-PC	447,350	$13.2M	2.88%
4	Nvidia Corp.	NVDA	81,879	$12.9M	2.84%
5	Microsoft Corp.	MSFT	25,887	$12.9M	2.82%
6	CrowdStrike Holdings, Inc.	CRWD	23,882	$12.2M	2.67%
7	Alphabet, Inc. A	GOOG	58,711	$10.3M	2.27%
8	iShares Select Dividend ETF	464287168	71,166	$9.5M	2.07%
9	Costco Wholesale Corp.	22160K105	9,410	$9.3M	2.04%
10	Globus Medical, Inc.	GMED	157,023	$9.3M	2.03%
11	SPDR Gold MiniShares ETF	GLDW	136,742	$9.0M	1.96%
12	iShares Core S&P Small-Cap ETF	78468R853	81,034	$8.9M	1.94%
13	Goldman Sachs Group, Inc.	GSCE	12,502	$8.8M	1.94%
14	VanEck Gold Miners ETF	92189F106	166,104	$8.6M	1.90%
15	KKR & Co.	KKRT	58,083	$7.7M	1.69%
16	Visa, Inc.	V	21,277	$7.6M	1.66%
17	The Home Depot, Inc.	HD	20,046	$7.3M	1.61%
18	JPMorgan Equity Premium Income ETF	46641Q332	126,950	$7.2M	1.58%
19	J.P. Morgan Chase & Co.	VYLD	24,317	$7.0M	1.55%
20	Reaves Utility Income Fund	756158101	192,359	$7.0M	1.53%
21	Lockheed Martin Corp.	LMT	14,682	$6.8M	1.49%
22	Meta Platforms, Inc.	META	8,849	$6.5M	1.43%
23	VanEck Morningstar Wide Moat ETF	92189F643	57,308	$5.4M	1.18%
24	Johnson & Johnson	JNJ	34,097	$5.2M	1.14%
25	Tema GLP-1, Obesity & Cardiometabolic ETF	87975E883	174,278	$5.0M	1.09%
26	The Mosaic Co.	MOS	136,075	$5.0M	1.09%
27	Walmart, Inc.	WMT	47,969	$4.7M	1.03%
28	Berkshire Hathaway, Inc. B	BRK-A	9,397	$4.6M	1.00%
29	SPDR Bloomberg Convertible Securities ETF	78464A359	55,045	$4.6M	1.00%
30	Alerian MLP ETF	ALPWF	91,428	$4.5M	0.98%
31	Chevron Corp.	CVX	30,565	$4.4M	0.96%
32	Exxon Mobil Corp.	XOM	39,263	$4.2M	0.93%
33	Deere & Co.	DE	8,154	$4.1M	0.91%
34	Truist Financial Corp.	89832Q109	96,326	$4.1M	0.91%
35	Global X Robotics & A.I. ETF	37954Y715	119,625	$3.9M	0.86%
36	Honeywell International, Inc.	438516106	16,152	$3.8M	0.82%
37	Shopify, Inc.	SHOP	32,560	$3.8M	0.82%
38	Invesco S&P 500 Equal Weight ETF	78355W106	20,378	$3.7M	0.81%
39	Amgen, Inc.	AMGN	13,119	$3.7M	0.80%
40	Zscaler, Inc.	ZS	11,240	$3.5M	0.77%
41	The Trade Desk, Inc.	88339J105	48,195	$3.5M	0.76%
42	BlackRock, Inc.	BLK	3,270	$3.4M	0.75%
43	Alphabet, Inc. C	GOOG	19,266	$3.4M	0.75%
44	Vanguard Utilities ETF	92204A876	19,319	$3.4M	0.75%
45	Palantir Technologies, Inc.	PLTR	24,923	$3.4M	0.74%
46	iShares S&P National Muni Bond ETF	464288414	31,340	$3.3M	0.72%
47	Procter & Gamble Co.	742718109	19,899	$3.2M	0.70%
48	Cardinal Health, Inc.	CAH	18,815	$3.2M	0.69%
49	iShares US Preferred Stock ETF	464288687	97,204	$3.0M	0.65%
50	VanEck Uranium & Nuclear ETF	92189F601	26,807	$3.0M	0.65%
51	The Charles Schwab Corp.	SCHW-PJ	32,421	$3.0M	0.65%
52	Blackstone Group, Inc.	BX	19,537	$2.9M	0.64%
53	American Tower Corp.	03027X100	13,065	$2.9M	0.63%
54	Lowe's Companies, Inc.	548661107	12,614	$2.8M	0.61%
55	Eaton Corp.	ETN	7,135	$2.5M	0.56%
56	SPDR S&P MidCap 400 ETF	MDY	4,304	$2.4M	0.53%
57	Oracle Corp.	ORCL-PD	11,075	$2.4M	0.53%
58	iShares Bitcoin Trust ETF	IBIT	37,230	$2.3M	0.50%
59	Paychex, Inc.	PAYX	15,613	$2.3M	0.50%
60	SPDR Mid Cap ETF	78464A847	40,306	$2.2M	0.48%
61	Omega Healthcare Investors, Inc.	681936100	57,995	$2.1M	0.47%
62	SPDR S&P 500 ETF	SPY	3,408	$2.1M	0.46%
63	Strategy, Inc.	STRK	5,157	$2.1M	0.46%
64	Merck & Co.	MRK	25,987	$2.1M	0.45%
65	Fidelity National Financial, Inc.	FNF	36,320	$2.0M	0.45%
66	Cummins, Inc.	CMI	6,050	$2.0M	0.43%
67	Pfizer, Inc.	PFE	81,226	$2.0M	0.43%
68	Regeneron Pharmaceuticals, Inc.	REGN	3,697	$1.9M	0.43%
69	Emerson Electric Co.	EMR	14,254	$1.9M	0.42%
70	Global-E Online, Ltd.	GLBE	55,500	$1.9M	0.41%
71	Medtronic plc	MDT	21,221	$1.8M	0.41%
72	Tesla, Inc.	TSLA	5,678	$1.8M	0.40%
73	Eli Lilly & Co.	LLY	2,187	$1.7M	0.37%
74	PepsiCo, Inc.	PEP	12,645	$1.7M	0.37%
75	Abbott Laboratories	ABLZF	12,151	$1.7M	0.36%
76	McDonald's Corp.	MCD	5,464	$1.6M	0.35%
77	Mondelez International, Inc.	609207105	23,365	$1.6M	0.35%
78	Cisco Systems, Inc.	CSCO	22,456	$1.6M	0.34%
79	Invesco QQQ ETF	IVZ	2,692	$1.5M	0.33%
80	Coca-Cola Co.	KO	20,641	$1.5M	0.32%
81	GitLab, Inc.	GTLB	29,391	$1.3M	0.29%
82	Constellation Brands, Inc.	STZ	8,066	$1.3M	0.29%
83	Stryker Corp.	SYK	3,221	$1.3M	0.28%
84	VanEck Semiconductor ETF	92189F676	4,560	$1.3M	0.28%
85	JPMorgan Nasdaq Equity Premium Income ETF	46654Q203	22,994	$1.3M	0.27%
86	Aurora Innovation, Inc.	AUROW	237,900	$1.2M	0.27%
87	First Trust Mid Cap Core AlphaDEX ETF	33735B108	10,195	$1.2M	0.26%
88	SPDR S&P 500 Growth ETF	78464A409	12,275	$1.2M	0.26%
89	JPMorgan Active Bond ETF	46654Q716	21,810	$1.2M	0.26%
90	JPMorgan Core Plus Bond ETF	46641Q670	24,120	$1.1M	0.25%
91	PIMCO Intermediate Muni Bond Active ETF	72201R866	21,975	$1.1M	0.25%
92	iShares MSCI EAFE Index Fund ETF	464287465	12,426	$1.1M	0.24%
93	General Mills, Inc.	370334104	21,175	$1.1M	0.24%
94	Vertex, Inc.	VERX	29,470	$1.0M	0.23%
95	Netflix, Inc.	NFLX	759	$1.0M	0.22%
96	PPL Corp.	PPLC	29,060	$984,837	0.22%
97	Essential Utilities, Inc.	29670G102	25,808	$958,509	0.21%
98	iShares MSCI Emerging Markets Index Fund ETF	464287234	19,545	$942,851	0.21%
99	PIMCO Municipal Income Opportunities Active ETF	72201R635	20,350	$900,097	0.20%
100	Public Storage	PSA-PS	3,025	$887,596	0.19%
101	Comcast Corp. A	CCZ	24,301	$867,304	0.19%
102	Vanguard Total Stock Market Index ETF	922908769	2,789	$847,557	0.19%
103	Vanguard Dividend Appreciation ETF	921908844	4,141	$847,511	0.19%
104	Energy Select Sector SPDR ETF	81369Y506	9,627	$816,451	0.18%
105	RTX Corp.	RTX	5,365	$783,424	0.17%
106	Air Products & Chemicals, Inc.	AIIR	2,702	$762,126	0.17%
107	Caterpillar, Inc.	CAT	1,950	$756,869	0.17%
108	VanEck Junior Gold Miners ETF	92189F791	11,100	$750,249	0.16%
109	Corning, Inc.	GLW	13,980	$735,208	0.16%
110	First Trust Large Cap Core AlphaDEX ETF	33734K109	6,649	$731,124	0.16%
111	Enbridge, Inc.	ENNPF	16,070	$728,292	0.16%
112	Inspire 100 ETF	NTRSO	17,200	$710,876	0.16%
113	Inspire 500 ETF	NTRSO	3,075	$705,098	0.15%
114	SPDR Aerospace & Defense ETF	78464A631	3,240	$683,446	0.15%
115	The TJX Companies, Inc.	872540109	5,525	$682,282	0.15%
116	Walt Disney Co.	254687106	5,448	$675,612	0.15%
117	Vanguard Emerging Markets Stock Index ETF	922042858	12,195	$603,165	0.13%
118	American Express Co.	AXP	1,872	$597,214	0.13%
119	IDEXX Laboratories, Inc.	45168D104	1,100	$589,974	0.13%
120	Vanguard S&P 500 ETF	922908363	1,028	$583,880	0.13%
121	JPMorgan Ultra-Short Income ETF	46641Q837	11,350	$575,218	0.13%
122	Vanguard Growth Index ETF	922908736	1,277	$559,837	0.12%
123	iShares S&P Mid Cap 400 Index ETF	464287507	8,755	$542,985	0.12%
124	iShares U.S. Home Construction ETF	464288752	5,769	$537,501	0.12%
125	Vanguard Total Bond Market Index ETF	921937835	7,275	$535,658	0.12%
126	Inspire International ETF	NTRSO	15,600	$534,612	0.12%
127	3M Company	MMM	3,375	$513,833	0.11%
128	Inspire Small/Mid Cap ETF	NTRSO	14,300	$508,079	0.11%
129	Janus Henderson AAA CLO ETF	47103U845	9,890	$501,918	0.11%
130	Advanced Micro Devices, Inc.	AMD	3,497	$496,224	0.11%
131	IBM Corp.	INTR	1,668	$491,775	0.11%
132	ConocoPhillips, Inc.	COP	5,270	$472,930	0.10%
133	Inspire Global Hope ETF	NTRSO	11,475	$466,344	0.10%
134	Vanguard Total World Stock Index ETF	922042742	3,554	$456,775	0.10%
135	Schwab International Equity ETF	808524805	20,206	$446,553	0.10%
136	Check Point Software Technologies, Ltd.	M22465104	1,970	$435,863	0.10%
137	Align Technology, Inc.	ALGN	2,261	$428,075	0.09%
138	Adobe, Inc.	ADBE	1,060	$410,093	0.09%
139	First Solar Inc	FSLR	2,435	$403,090	0.09%
140	Cloudflare, Inc.	NET	2,018	$395,185	0.09%
141	Altria Group, Inc.	MO	6,630	$388,709	0.09%
142	Lam Research Corp.	LRCX	3,991	$388,530	0.09%
143	Waste Management, Inc.	94106L109	1,686	$385,896	0.08%
144	Schwab U.S. Dividend Equity ETF	808524797	14,474	$383,561	0.08%
145	iShares MSCI Kld Social Index ETF	464288570	3,000	$348,480	0.08%
146	Constellation Energy Group, Inc.	CEG	1,067	$344,385	0.08%
147	Vanguard Value Index ETF	922908744	1,909	$337,397	0.07%
148	Invesco Global Listed Private Equity ETF	IVZ	4,700	$323,595	0.07%
149	iShares Cohen & Steers REIT ETF	464287564	5,220	$319,255	0.07%
150	Capital Group Core Plus Income ETF	14020Y102	14,175	$318,938	0.07%
151	The Cigna Group	CI	961	$317,687	0.07%
152	iShares Core S&P 500 ETF	464287200	509	$316,038	0.07%
153	Defiance Daily Target 2X Long MSTR ETF	88636J253	7,816	$315,454	0.07%
154	Unilever PLC ADR	UNLYF	5,025	$307,379	0.07%
155	Quanta Services, Inc.	74762E102	800	$302,464	0.07%
156	Philip Morris International, Inc.	718172109	1,650	$300,515	0.07%
157	Vanguard Developed Markets Index ETF	921943858	5,157	$294,001	0.06%
158	Global X S&P 500 Catholic Values ETF	37954Y889	3,860	$291,237	0.06%
159	Intel Corp.	INTC	12,951	$290,109	0.06%
160	Bank of America Corp.	060505104	6,017	$284,724	0.06%
161	Zoetis, Inc.	ZTS	1,822	$284,141	0.06%
162	Accenture plc	ACN	934	$279,163	0.06%
163	Vanguard Short-Term Bond Index ETF	921937827	3,539	$278,519	0.06%
164	First Trust Cloud Computing ETF	33734X192	2,280	$277,339	0.06%
165	Automatic Data Processing	ADP	850	$262,140	0.06%
166	Phillips 66	PSX	2,189	$261,148	0.06%
167	Digital Realty Trust, Inc.	253868103	1,438	$250,687	0.05%
168	T Rowe Price US Equity Research ETF	87283Q503	6,300	$245,007	0.05%
169	Mastercard, Inc.	MA	431	$242,150	0.05%
170	Coinbase Global, Inc.	COIN	665	$233,076	0.05%
171	Schwab U.S. Large-Cap ETF	808524201	8,897	$217,443	0.05%
172	Gamestop Corp Cl A New	GME-WT	8,862	$216,144	0.05%
173	Schwab U.S. Broad Market ETF	808524102	9,005	$214,589	0.05%
174	UnitedHealth Group, Inc.	UNH	680	$212,140	0.05%
175	Uber Technologies, Inc.	UBER	2,261	$210,951	0.05%
176	Kimberly-Clark Corp.	KMB	1,621	$208,921	0.05%
177	Northrop Grumman Corp.	NOC	417	$208,555	0.05%
178	First Resource Bank	336177100	13,511	$202,800	0.04%
179	Salesforce, Inc.	CRM	739	$201,470	0.04%
180	Rolls-Royce Holdings	775781206	13,000	$173,940	0.04%
181	Immunome, Inc.	IMNM	11,065	$102,905	0.02%
182	Annovis Bio, Inc.	ANVS	23,416	$50,813	0.01%