13F HOLDINGS REPORT

Sterling Investment Advisors, Ltd.

Quarter ended Q3 2025 · Filed October 28, 2025 · Accession 0001701132-25-000010

Total Value

$513.9M

Positions

203

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (203)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	Apple, Inc.	AAPL	135,113	$34.4M	6.70%
2	JPMorgan Flexible Debt ETF	46654Q559	369,312	$18.5M	3.61%
3	Amazon.com, Inc.	AMZN	71,944	$15.8M	3.07%
4	Nvidia Corp.	NVDA	80,160	$15.0M	2.91%
5	Alphabet, Inc. A	GOOG	57,410	$14.0M	2.72%
6	Microsoft Corp.	MSFT	25,574	$13.2M	2.58%
7	Kinder Morgan, Inc.	EP-PC	448,265	$12.7M	2.47%
8	VanEck Gold Miners ETF	92189F106	164,754	$12.6M	2.45%
9	CrowdStrike Holdings, Inc.	CRWD	23,350	$11.5M	2.23%
10	SPDR Gold MiniShares ETF	GLDW	136,425	$10.4M	2.03%
11	iShares Select Dividend ETF	464287168	71,278	$10.1M	1.97%
12	iShares Core S&P Small-Cap ETF	78468R853	81,253	$9.7M	1.88%
13	Goldman Sachs Group, Inc.	GSCE	11,832	$9.4M	1.83%
14	Globus Medical, Inc.	GMED	157,023	$9.0M	1.75%
15	Costco Wholesale Corp.	22160K105	9,365	$8.7M	1.69%
16	The Home Depot, Inc.	HD	20,386	$8.3M	1.61%
17	J.P. Morgan Chase & Co.	VYLD	24,108	$7.6M	1.48%
18	Reaves Utility Income Fund	756158101	190,855	$7.6M	1.47%
19	Lockheed Martin Corp.	LMT	14,978	$7.5M	1.46%
20	KKR & Co.	KKRT	56,841	$7.4M	1.44%
21	Visa, Inc.	V	21,258	$7.3M	1.41%
22	JPMorgan Equity Premium Income ETF	46641Q332	126,328	$7.2M	1.40%
23	Meta Platforms, Inc.	META	9,068	$6.7M	1.30%
24	Johnson & Johnson	JNJ	32,199	$6.0M	1.16%
25	Walmart, Inc.	WMT	48,575	$5.0M	0.97%
26	SPDR Bloomberg Convertible Securities ETF	78464A359	54,852	$5.0M	0.97%
27	Alerian MLP ETF	ALPWF	104,920	$4.9M	0.96%
28	Shopify, Inc.	SHOP	32,684	$4.9M	0.95%
29	Berkshire Hathaway, Inc. B	BRK-A	9,532	$4.8M	0.93%
30	Chevron Corp.	CVX	30,717	$4.8M	0.93%
31	VanEck Morningstar Wide Moat ETF	92189F643	48,038	$4.8M	0.93%
32	The Mosaic Co.	MOS	135,505	$4.7M	0.91%
33	Alphabet, Inc. C	GOOG	19,093	$4.7M	0.90%
34	Tesla, Inc.	TSLA	10,363	$4.6M	0.90%
35	Exxon Mobil Corp.	XOM	39,527	$4.5M	0.87%
36	Palantir Technologies, Inc.	PLTR	24,398	$4.5M	0.87%
37	Tema Heart & Health ETF	87975E883	140,340	$4.3M	0.85%
38	Global X Robotics & A.I. ETF	37954Y715	119,785	$4.2M	0.83%
39	Truist Financial Corp.	89832Q109	92,786	$4.2M	0.83%
40	JPMorgan International Hedged Equity ETF	46654Q591	82,028	$4.2M	0.82%
41	Invesco S&P 500 Equal Weight ETF	78355W106	20,345	$3.9M	0.75%
42	BlackRock, Inc.	BLK	3,270	$3.8M	0.74%
43	Amgen, Inc.	AMGN	13,134	$3.7M	0.72%
44	Deere & Co.	DE	8,104	$3.7M	0.72%
45	iShares S&P National Muni Bond ETF	464288414	34,390	$3.7M	0.71%
46	Vanguard Utilities ETF	92204A876	18,982	$3.6M	0.70%
47	Honeywell International, Inc.	438516106	16,633	$3.5M	0.68%
48	VanEck Uranium & Nuclear ETF	92189F601	25,372	$3.4M	0.67%
49	Zscaler, Inc.	ZS	11,245	$3.4M	0.66%
50	Blackstone Group, Inc.	BX	19,538	$3.3M	0.65%
51	Lowe's Companies, Inc.	548661107	12,866	$3.2M	0.63%
52	Oracle Corp.	ORCL-PD	11,096	$3.1M	0.61%
53	The Charles Schwab Corp.	SCHW-PJ	32,221	$3.1M	0.60%
54	iShares US Preferred Stock ETF	464288687	96,744	$3.1M	0.60%
55	Procter & Gamble Co.	742718109	19,903	$3.1M	0.60%
56	Omega Healthcare Investors, Inc.	681936100	69,438	$2.9M	0.57%
57	Cardinal Health, Inc.	CAH	18,450	$2.9M	0.56%
58	Eaton Corp.	ETN	7,334	$2.7M	0.53%
59	Vertiv Holdings Co.	VRT	17,831	$2.7M	0.52%
60	SPDR S&P MidCap 400 ETF	MDY	4,299	$2.6M	0.50%
61	Cummins, Inc.	CMI	6,050	$2.6M	0.50%
62	iShares Bitcoin Trust ETF	IBIT	37,230	$2.4M	0.47%
63	American Tower Corp.	03027X100	12,317	$2.4M	0.46%
64	Pfizer, Inc.	PFE	92,560	$2.4M	0.46%
65	SPDR Mid Cap ETF	78464A847	39,636	$2.3M	0.44%
66	SPDR S&P 500 ETF	SPY	3,358	$2.2M	0.44%
67	Fidelity National Financial, Inc.	FNF	36,645	$2.2M	0.43%
68	Merck & Co.	MRK	25,278	$2.1M	0.41%
69	Medtronic plc	MDT	21,596	$2.1M	0.40%
70	Paychex, Inc.	PAYX	15,244	$1.9M	0.38%
71	Regeneron Pharmaceuticals, Inc.	REGN	3,417	$1.9M	0.37%
72	Emerson Electric Co.	EMR	14,032	$1.8M	0.36%
73	PepsiCo, Inc.	PEP	12,651	$1.8M	0.35%
74	McDonald's Corp.	MCD	5,764	$1.8M	0.34%
75	Strategy, Inc.	STRK	5,157	$1.7M	0.32%
76	Eli Lilly & Co.	LLY	2,177	$1.7M	0.32%
77	Abbott Laboratories	ABLZF	12,154	$1.6M	0.32%
78	Invesco QQQ ETF	IVZ	2,693	$1.6M	0.31%
79	Cisco Systems, Inc.	CSCO	22,580	$1.5M	0.30%
80	Mondelez International, Inc.	609207105	23,365	$1.5M	0.28%
81	VanEck Semiconductor ETF	92189F676	4,385	$1.4M	0.28%
82	Coca-Cola Co.	KO	20,653	$1.4M	0.27%
83	Aurora Innovation, Inc.	AUROW	243,850	$1.3M	0.26%
84	First Trust Mid Cap Core AlphaDEX ETF	33735B108	10,095	$1.3M	0.25%
85	JPMorgan Nasdaq Equity Premium Income ETF	46654Q203	21,601	$1.2M	0.24%
86	SPDR S&P 500 Growth ETF	78464A409	11,777	$1.2M	0.24%
87	JPMorgan Active Bond ETF	46654Q716	22,610	$1.2M	0.24%
88	Stryker Corp.	SYK	3,221	$1.2M	0.23%
89	JPMorgan Core Plus Bond ETF	46641Q670	25,020	$1.2M	0.23%
90	iShares MSCI EAFE Index Fund ETF	464287465	12,458	$1.2M	0.23%
91	Corning, Inc.	GLW	13,780	$1.1M	0.22%
92	VanEck Junior Gold Miners ETF	92189F791	10,800	$1.1M	0.21%
93	PIMCO Intermediate Muni Bond Active ETF	72201R866	20,375	$1.1M	0.21%
94	iShares MSCI Emerging Markets Index Fund ETF	464287234	19,545	$1.0M	0.20%
95	General Mills, Inc.	370334104	20,475	$1.0M	0.20%
96	Essential Utilities, Inc.	29670G102	25,808	$1.0M	0.20%
97	PPL Corp.	PPLC	27,687	$1.0M	0.20%
98	Caterpillar, Inc.	CAT	1,951	$930,687	0.18%
99	Vanguard Total Stock Market Index ETF	922908769	2,798	$918,263	0.18%
100	PIMCO Municipal Income Opportunities Active ETF	72201R635	20,100	$910,731	0.18%
101	RTX Corp.	RTX	5,365	$897,756	0.17%
102	Netflix, Inc.	NFLX	746	$894,518	0.17%
103	Vanguard Dividend Appreciation ETF	921908844	4,142	$893,835	0.17%
104	Public Storage	PSA-PS	3,000	$866,550	0.17%
105	Enbridge, Inc.	ENNPF	16,070	$810,892	0.16%
106	The TJX Companies, Inc.	872540109	5,525	$798,584	0.16%
107	Comcast Corp. A	CCZ	25,208	$792,034	0.15%
108	First Trust Large Cap Core AlphaDEX ETF	33734K109	6,649	$776,742	0.15%
109	Inspire 500 ETF	NTRSO	3,075	$766,447	0.15%
110	Air Products & Chemicals, Inc.	AIIR	2,802	$764,289	0.15%
111	Inspire 100 ETF	NTRSO	17,200	$764,196	0.15%
112	Energy Select Sector SPDR ETF	81369Y506	8,332	$744,420	0.14%
113	Broadcom, Inc.	AVGO	2,255	$744,073	0.14%
114	Vertex, Inc.	VERX	29,470	$730,561	0.14%
115	IDEXX Laboratories, Inc.	45168D104	1,100	$702,779	0.14%
116	GitLab, Inc.	GTLB	15,295	$689,499	0.13%
117	Vanguard Emerging Markets Stock Index ETF	922042858	12,202	$661,103	0.13%
118	iShares U.S. Home Construction ETF	464288752	5,970	$640,232	0.12%
119	Vanguard S&P 500 ETF	922908363	1,028	$629,516	0.12%
120	American Express Co.	AXP	1,873	$622,000	0.12%
121	Vanguard Growth Index ETF	922908736	1,277	$612,592	0.12%
122	Walt Disney Co.	254687106	5,279	$604,448	0.12%
123	JPMorgan Ultra-Short Income ETF	46641Q837	11,350	$575,786	0.11%
124	iShares S&P Mid Cap 400 Index ETF	464287507	8,755	$571,351	0.11%
125	Advanced Micro Devices, Inc.	AMD	3,453	$558,661	0.11%
126	Inspire Small/Mid Cap ETF	NTRSO	14,300	$555,698	0.11%
127	Inspire International ETF	NTRSO	15,600	$550,134	0.11%
128	Lam Research Corp.	LRCX	4,083	$546,742	0.11%
129	Vanguard Total Bond Market Index ETF	921937835	7,275	$541,042	0.11%
130	UnitedHealth Group, Inc.	UNH	1,558	$537,869	0.10%
131	First Solar Inc	FSLR	2,435	$536,991	0.10%
132	3M Company	MMM	3,300	$512,118	0.10%
133	Vanguard Total World Stock Index ETF	922042742	3,649	$502,856	0.10%
134	SPDR Aerospace & Defense ETF	78464A631	2,140	$502,814	0.10%
135	Janus Henderson AAA CLO ETF	47103U845	9,890	$502,214	0.10%
136	ConocoPhillips, Inc.	COP	5,270	$498,489	0.10%
137	IBM Corp.	INTR	1,766	$498,373	0.10%
138	Inspire Global Hope ETF	NTRSO	11,475	$487,229	0.09%
139	iShares iBonds Dec 2033 Term Corp. ETF	46436E130	18,100	$474,763	0.09%
140	Schwab International Equity ETF	808524805	20,206	$470,397	0.09%
141	iShares iBonds Dec 2032 Term Corp. ETF	46436E312	18,175	$465,644	0.09%
142	Intel Corp.	INTC	13,451	$451,291	0.09%
143	Altria Group, Inc.	MO	6,630	$437,969	0.09%
144	Cloudflare, Inc.	NET	2,018	$433,043	0.08%
145	Waste Management, Inc.	94106L109	1,887	$416,803	0.08%
146	Schwab U.S. Dividend Equity ETF	808524797	14,476	$395,187	0.08%
147	iShares MSCI Kld Social Index ETF	464288570	3,000	$377,850	0.07%
148	Gamestop Corp Cl A New	GME-WT	13,362	$364,515	0.07%
149	Vanguard Value Index ETF	922908744	1,912	$356,637	0.07%
150	Constellation Energy Group, Inc.	CEG	1,080	$355,397	0.07%
151	Capital Group Core Plus Income ETF	14020Y102	15,571	$353,773	0.07%
152	iShares Core S&P 500 ETF	464287200	509	$340,674	0.07%
153	iShares iBonds Dec 2031 Term Corp. ETF	46436E486	15,485	$328,592	0.06%
154	Invesco Global Listed Private Equity ETF	IVZ	4,700	$324,394	0.06%
155	iShares Cohen & Steers REIT ETF	464287564	5,220	$321,656	0.06%
156	Check Point Software Technologies, Ltd.	M22465104	1,545	$319,676	0.06%
157	The Boeing Company	BA-PA	1,462	$315,543	0.06%
158	Alps Medical Breakthrough ETF	00162Q593	8,100	$314,758	0.06%
159	Adobe, Inc.	ADBE	890	$313,948	0.06%
160	Global X S&P 500 Catholic Values ETF	37954Y889	3,860	$312,886	0.06%
161	Bank of America Corp.	060505104	6,017	$310,417	0.06%
162	Vanguard Developed Markets Index ETF	921943858	5,166	$309,544	0.06%
163	First Trust Cloud Computing ETF	33734X192	2,280	$306,478	0.06%
164	Quanta Services, Inc.	74762E102	735	$304,599	0.06%
165	Phillips 66	PSX	2,189	$297,748	0.06%
166	Alibaba Group Holding, Ltd.	BBAAY	1,617	$289,006	0.06%
167	Unilever PLC ADR	UNLYF	4,725	$280,098	0.05%
168	Philip Morris International, Inc.	718172109	1,650	$267,630	0.05%
169	Zoetis, Inc.	ZTS	1,822	$266,595	0.05%
170	Digital Realty Trust, Inc.	253868103	1,538	$265,889	0.05%
171	Northrop Grumman Corp.	NOC	417	$254,163	0.05%
172	Mastercard, Inc.	MA	434	$246,817	0.05%
173	Vanguard Core Tax Exempt Bond ETF	922907712	3,265	$245,691	0.05%
174	Vanguard Short-Term Bond Index ETF	921937827	3,095	$244,249	0.05%
175	First Resource Bank	336177100	13,511	$244,009	0.05%
176	Schwab U.S. Large-Cap ETF	808524201	8,942	$235,532	0.05%
177	Schwab U.S. Broad Market ETF	808524102	9,005	$231,519	0.05%
178	iShares iBonds Dec 2034 Term Corp. ETF	46438G653	8,625	$228,304	0.04%
179	Coinbase Global, Inc.	COIN	665	$224,431	0.04%
180	iShares Russell Top 200 Growth ETF	464289438	810	$221,657	0.04%
181	iShares Russell 2000 ETF	464287655	916	$221,635	0.04%
182	Uber Technologies, Inc.	UBER	2,261	$221,510	0.04%
183	Automatic Data Processing	ADP	750	$220,125	0.04%
184	iShares Ethereum Trust ETF	46438R105	6,925	$218,207	0.04%
185	Welltower, Inc.	WELL	1,200	$213,768	0.04%
186	Rolls-Royce Holdings	775781206	13,000	$210,600	0.04%
187	Vanguard Extended Market Index Fund ETF	922908652	1,000	$209,340	0.04%
188	Salesforce, Inc.	CRM	882	$209,043	0.04%
189	iShares Core MSCI EAFE ETF	464287465	2,386	$208,322	0.04%
190	TE Connectivity, Ltd.	TEL	934	$205,041	0.04%
191	Dell, Inc.	247025109	1,443	$204,564	0.04%
192	Credo Technology Group	CRDO	1,400	$203,854	0.04%
193	BP p.l.c.	BPPFF	5,912	$203,728	0.04%
194	Marvell Technology Group, LTD	MRVL	2,415	$203,029	0.04%
195	SPDR Gold Trust ETF	GLD	569	$202,262	0.04%
196	QUALCOMM, Inc.	QCOM	1,211	$201,525	0.04%
197	Immunome, Inc.	IMNM	11,065	$129,571	0.03%
198	Prime Medicine Inc	PRME	10,000	$55,400	0.01%
199	Annovis Bio, Inc.	ANVS	23,416	$48,471	0.01%
200	Ethema Health Corporation	GRST	200,000	$60	0.00%
201	Quantum Materials Co	74766A106	65,000	$0	0.00%
202	Aden Solutions, Inc. XXX	00685L105	12,250	$0	0.00%
203	Tetra Bio-Pharma, Inc.	88166Y100	23,500	$0	0.00%