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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT (Amended)

Winthrop Advisory Group LLC

Quarter ended Q4 2025 · Filed January 21, 2026 · Accession 0001739043-26-000003

Total Value
$1.18B
Positions
275
Other Managers
2
Confidential Omitted
No
View on SEC.gov

Holdings (275)

#IssuerTicker / CUSIPSharesValue% of Filing
1ISHARES TR464287150918,312$136.5M11.57%
2ISHARES TR464287200181,625$124.4M10.54%
3ISHARES TR464287622247,833$92.6M7.84%
4INVESCO QQQ TRIVZ129,636$79.6M6.75%
5ISHARES TR4642882401,125,212$75.5M6.40%
6VANGUARD INDEX FDS922908769187,759$62.9M5.33%
7SCHWAB STRATEGIC TR8085241022,294,238$60.2M5.10%
8ISHARES TR46434V8781,177,437$59.6M5.05%
9APPLE INCAAPL153,979$41.9M3.55%
10SPDR SERIES TRUST78464A805455,439$37.6M3.18%
11WISDOMTREE TRWT255,277$22.8M1.93%
12ISHARES TR46428761447,966$22.7M1.92%
13SPDR S&P 500 ETF TRSPY28,550$19.5M1.65%
14MICROSOFT CORPMSFT39,614$19.2M1.62%
15VANGUARD INDEX FDS92290865290,608$18.9M1.61%
16ISHARES TR464287507228,413$15.1M1.28%
17DIMENSIONAL ETF TRUST25434V708322,510$12.8M1.08%
18AMAZON COM INCAMZN47,518$11.0M0.93%
19SCHWAB STRATEGIC TR808524797380,637$10.4M0.88%
20VANGUARD MUN BD FDS922907746194,004$9.8M0.83%
21ISHARES INC46434G103136,840$9.2M0.78%
22INVESCO EXCH TRADED FD TR IIIVZ36,241$9.2M0.78%
23VANGUARD STAR FDS921909768120,395$9.1M0.77%
24VANGUARD INDEX FDS92290873617,329$8.5M0.72%
25J P MORGAN EXCHANGE TRADED F46641Q837151,545$7.7M0.65%
26VANGUARD SCOTTSDALE FDS92206C68061,791$7.5M0.64%
27LPL FINL HLDGS INC50212V10019,714$7.0M0.60%
28ALPHABET INCGOOG21,629$6.8M0.57%
29NVIDIA CORPORATIONNVDA34,582$6.4M0.55%
30ISHARES TR46428768916,525$6.4M0.54%
31VANGUARD INTL EQUITY INDEX F922042858112,212$6.0M0.51%
32ALPHABET INCGOOG18,660$5.9M0.50%
33JPMORGAN CHASE & CO.VYLD17,243$5.6M0.47%
34GOLDMAN SACHS ETF TRNVGLF128,509$5.5M0.47%
35ISHARES TR46428730943,774$5.4M0.46%
36VANGUARD INDEX FDS92290874427,311$5.2M0.44%
37VANGUARD SPECIALIZED FUNDS92190884423,652$5.2M0.44%
38META PLATFORMS INCMETA7,857$5.2M0.44%
39SCHWAB STRATEGIC TR808524201179,187$4.8M0.41%
40ISHARES TR46428759822,775$4.8M0.41%
41TESLA INCTSLA9,724$4.4M0.37%
42BERKSHIRE HATHAWAY INC DELBRK-A7,908$4.0M0.34%
43SPDR SERIES TRUST78464A40934,846$3.7M0.32%
44VISA INCV9,933$3.5M0.30%
45VANGUARD INDEX FDS9229083635,414$3.4M0.29%
46HOME DEPOT INCHD9,111$3.1M0.27%
47ISHARES TR46432F83435,487$3.0M0.25%
48ISHARES TR46434V62141,168$2.9M0.24%
49SPDR S&P MIDCAP 400 ETF TRMDY4,463$2.7M0.23%
50WALMART INCWMT23,227$2.6M0.22%
51BROADCOM INCAVGO6,834$2.4M0.20%
52JOHNSON & JOHNSONJNJ10,513$2.2M0.18%
53DIMENSIONAL ETF TRUST25434V40128,047$2.1M0.18%
54ISHARES TR46432F84222,200$2.0M0.17%
55ELI LILLY & COLLY1,729$1.9M0.16%
56BANK AMERICA CORP06050510432,431$1.8M0.15%
57SPDR GOLD TRGLD4,468$1.8M0.15%
58ISHARES TR46428880212,306$1.7M0.15%
59MASTERCARD INCORPORATEDMA3,000$1.7M0.15%
60VANGUARD INDEX FDS9229086295,572$1.6M0.14%
61DISNEY WALT CO25468710613,747$1.6M0.13%
62PROCTER AND GAMBLE CO7427181099,705$1.4M0.12%
63ISHARES TR46428749913,086$1.3M0.11%
64KLA CORPKLAC1,036$1.3M0.11%
65ISHARES TR4642871688,794$1.2M0.11%
66INTERNATIONAL BUSINESS MACHSINTR4,131$1.2M0.10%
67CATERPILLAR INCCAT2,064$1.2M0.10%
68COSTCO WHSL CORP NEW22160K1051,338$1.2M0.10%
69ABBVIE INCABBV4,671$1.1M0.09%
70ISHARES TR4642882577,155$1.0M0.09%
71ORACLE CORPORCL-PD5,144$1.0M0.08%
72THE CIGNA GROUP1255231003,402$936,2070.08%
73ISHARES TR4642872269,281$927,0150.08%
74MERCK & CO INCMRK8,467$898,4560.08%
75PEPSICO INCPEP6,162$893,1260.08%
76EXXON MOBIL CORPXOM7,187$864,9210.07%
77SELECT SECTOR SPDR TR81369Y8035,985$861,7170.07%
78BOEING COBA-PA3,959$859,5000.07%
79SHOPIFY INCSHOP5,325$857,1650.07%
80LOCKHEED MARTIN CORPLMT1,720$832,0330.07%
81STARBUCKS CORPSBUX9,757$821,6260.07%
82CHEVRON CORP NEWCVX5,080$774,2500.07%
83TRANE TECHNOLOGIES PLCTT1,964$764,3890.06%
84MCDONALDS CORPMCD2,438$744,9830.06%
85APPLE INCAAPL2,678$728,0410.06%
86VANGUARD SCOTTSDALE FDS92206C7147,759$716,1640.06%
87CISCO SYS INCCSCO9,265$713,7020.06%
88SOUTHWEST AIRLS CO84474110817,000$705,6700.06%
89VANGUARD INDEX FDS9229086372,240$705,1380.06%
90MARKEL GROUP INCMKL327$702,9360.06%
91RTX CORPORATIONRTX3,702$678,8830.06%
92VANGUARD WHITEHALL FDS9219464064,674$670,7890.06%
93ISHARES TR4642884146,222$666,4630.06%
94T ROWE PRICE ETF INC87283Q40414,723$662,0900.06%
95ISHARES TR4642876552,568$632,1890.05%
96NETFLIX INCNFLX6,686$626,8640.05%
97APPLIED MATLS INC0382221052,380$611,6060.05%
98EMERSON ELEC COEMR4,488$595,6760.05%
99SALESFORCE INCCRM2,134$566,3130.05%
100VANECK ETF TRUST92189F6761,499$539,7510.05%
101ISHARES TR4642878044,477$537,9900.05%
102GE AEROSPACE3696043011,743$537,4190.05%
103J P MORGAN EXCHANGE TRADED F46641Q7618,492$536,5300.05%
104BLUE OWL CAPITAL CORPORATIONOWL40,649$520,3070.04%
105AT&T INCT-PC20,410$506,9840.04%
106ALIBABA GROUP HLDG LTDBBAAY3,343$489,9990.04%
107AMERICAN EXPRESS COAXP1,322$489,1740.04%
108SERVICENOW INCNOW3,160$484,0800.04%
109MORGAN STANLEYMS-PQ2,672$474,3860.04%
110BLACKROCK ETF TRUST IIBLK8,847$466,8560.04%
111INTUITINTU694$459,5350.04%
112ADVANCED MICRO DEVICES INCAMD2,072$443,7400.04%
113SELECT SECTOR SPDR TR81369Y6058,013$438,8970.04%
114UNITED PARCEL SERVICE INCUPS4,423$438,7440.04%
115CITIGROUP INCC-PR3,743$436,8100.04%
116UNITEDHEALTH GROUP INCUNH1,318$435,0530.04%
117SPDR DOW JONES INDL AVERAGE78467X109888$427,4790.04%
118GOLDMAN SACHS GROUP INCGSCE473$415,6160.04%
119ALPHABET INCGOOG1,292$404,3960.03%
120ACCENTURE PLC IRELANDACN1,462$392,2580.03%
121ISHARES GOLD TRIAU4,817$390,9960.03%
122LIVE NATION ENTERTAINMENT INLYV2,729$388,8830.03%
123PFIZER INCPFE15,175$377,8640.03%
124COCA COLA COKO5,398$377,3820.03%
125ISHARES TR4642875231,240$373,5420.03%
126ISHARES TR4642886467,045$372,5410.03%
127CAPITAL ONE FINL CORP14040H1051,524$369,2440.03%
128AMPHENOL CORP NEW0320951012,533$342,9020.03%
129ABBOTT LABSABLZF2,716$340,2620.03%
130GENERAL DYNAMICS CORPGD1,001$337,0810.03%
131TJX COS INC NEW8725401092,194$337,0290.03%
132GE VERNOVA INCGEV516$336,9810.03%
133SCHWAB STRATEGIC TR80852430010,025$326,9990.03%
134CVS HEALTH CORPCVS4,092$324,7340.03%
135HONEYWELL INTL INC4385161061,634$318,7580.03%
136WASTE MGMT INC DEL94106L1091,449$318,2550.03%
137DUKE ENERGY CORP NEWDUKB2,706$317,1720.03%
138DRAFTKINGS INC NEWDKNG9,162$315,7230.03%
139LOWES COS INC5486611071,282$309,2610.03%
140SELECT SECTOR SPDR TR81369Y8867,230$308,6330.03%
141ISHARES TR4642872422,792$307,7030.03%
142HARTFORD INSURANCE GROUP INCHIG-PG2,177$301,3300.03%
143EXPEDIA GROUP INCEXPE1,063$301,2350.03%
144AMGEN INCAMGN920$301,1200.03%
145ISHARES TR4642887601,394$299,2880.03%
146VANGUARD SCOTTSDALE FDS92206C4093,719$296,5190.03%
147ISHARES TR46429B6973,143$295,9750.03%
148SYSCO CORPSYY3,946$290,8090.02%
149VERIZON COMMUNICATIONS INCVZ6,991$284,7470.02%
150CONSTELLATION ENERGY CORPCEG788$278,2860.02%
151ISHARES TR4642874652,884$276,9670.02%
152ENTERPRISE PRODS PARTNERS L2937921078,638$276,9460.02%
153EDWARDS LIFESCIENCES CORPEW3,226$275,0170.02%
154VANGUARD INDEX FDS922908595910$274,7830.02%
155ARISTA NETWORKS INCANET2,063$270,3760.02%
156CRH PLCCRH2,150$268,3200.02%
157VANGUARD WHITEHALL FDS9219467942,979$268,1100.02%
158SPDR SERIES TRUST78464A3592,984$266,1730.02%
159ANALOG DEVICES INCADI979$265,3950.02%
160VANGUARD INDEX FDS9229086111,237$261,9660.02%
161ISHARES TR4642881582,395$255,5530.02%
162TAIWAN SEMICONDUCTOR MFG LTD874039100830$252,8400.02%
163SCHWAB STRATEGIC TR8085247899,260$246,0510.02%
164CINTAS CORPCTAS1,298$244,2030.02%
165ISHARES TR4642886877,795$241,3330.02%
166BRISTOL-MYERS SQUIBB COCELG-RI4,461$240,6250.02%
167TRAVELERS COMPANIES INCTRV813$235,7130.02%
168MAGNITE INCMGNI14,520$235,6600.02%
169GILEAD SCIENCES INCGILD1,911$234,5560.02%
170ADOBE INCADBE670$234,4930.02%
171ISHARES TR4642887861,692$230,3520.02%
172BOOKING HOLDINGS INCBKNG43$230,2790.02%
173ASML HOLDING N VASMLF213$228,2660.02%
174ISHARES TR4642874081,055$223,6600.02%
175ARK ETF TR00214Q1042,906$223,5500.02%
176ALTRIA GROUP INCMO3,794$222,7840.02%
177VANGUARD INDEX FDS922908538793$221,3710.02%
178FIDELITY COVINGTON TRUST31609A1076,306$218,5570.02%
179GLOBAL X FDS37960A5293,343$217,3740.02%
180AXON ENTERPRISE INCAXON380$215,8130.02%
181CROWDSTRIKE HLDGS INCCRWD458$214,6920.02%
182VANGUARD TAX-MANAGED FDS9219438583,376$210,8880.02%
183INVESCO EXCHANGE TRADED FD TIVZ2,968$208,9670.02%
184VANGUARD WORLD FD921910816502$207,2300.02%
185HUBSPOT INCHUBS511$205,0640.02%
186PALANTIR TECHNOLOGIES INCPLTR1,148$204,0570.02%
187INTERCONTINENTAL EXCHANGE IN45866F1041,242$201,1850.02%
188FS SPECIALTY LENDING FD64432310712,485$176,5380.01%
189AMBEV SAABEV24,634$62,8970.01%
190NVIDIA CORPORATIONNVDA191$35,6220.00%
191MICROSOFT CORPMSFT61$29,5010.00%
192MICROVISION INC DELMVIS28,725$23,7870.00%
193AMAZON COM INCAMZN79$18,2350.00%
194BROADCOM INCAVGO38$13,1520.00%
195META PLATFORMS INCMETA19$12,5420.00%
196TESLA INCTSLA24$10,7930.00%
197BERKSHIRE HATHAWAY INC DELBRK-A8,060$8,0600.00%
198ELI LILLY & COLLY16$8,0420.00%
199JPMORGAN CHASE & CO.VYLD7$7,5230.00%
200BOOKING HOLDINGS INCBKNG23$7,4110.00%
201VISA INCV1$5,3550.00%
202EXXON MOBIL CORPXOM14$4,9100.00%
203MASTERCARD INCORPORATEDMA39$4,6930.00%
204JOHNSON & JOHNSONJNJ8$4,5670.00%
205WALMART INCWMT21$4,3460.00%
206ABBVIE INCABBV50$3,9530.00%
207GOLDMAN SACHS GROUP INCGSCE16$3,6560.00%
208COSTCO WHSL CORP NEW22160K1054$3,5160.00%
209BANK AMERICA CORP0605051044$3,4490.00%
210PALANTIR TECHNOLOGIES INCPLTR60$3,3000.00%
211HOME DEPOT INCHD18$3,2000.00%
212PROCTER AND GAMBLE CO7427181099$3,0970.00%
213ADVANCED MICRO DEVICES INCAMD21$3,0100.00%
214CATERPILLAR INCCAT14$2,9980.00%
215GE AEROSPACE36960430110$2,8550.00%
216CHEVRON CORP NEWCVX9$2,7760.00%
217ORACLE CORPORCL-PD18$2,7430.00%
218CISCO SYS INCCSCO14$2,7290.00%
219COCA COLA COKO35$2,6960.00%
220MERCK & CO INCMRK10$2,4800.00%
221SALESFORCE INCCRM23$2,4300.00%
222INTERNATIONAL BUSINESS MACHSINTR9$2,3880.00%
223UNITEDHEALTH GROUP INCUNH4$2,3190.00%
224AMERICAN EXPRESS COAXP4$2,2650.00%
225RTX CORPORATIONRTX6$2,2200.00%
226MARKEL GROUP INCMKL12$2,2010.00%
227ASML HOLDING N VASMLF1$2,1500.00%
228MORGAN STANLEYMS-PQ5$2,1320.00%
229DISNEY WALT CO25468710612$2,0560.00%
230ABBOTT LABSABLZF18$2,0540.00%
231GE VERNOVA INCGEV16$2,0050.00%
232PEPSICO INCPEP3$1,9610.00%
233TJX COS INC NEW87254010913$1,8740.00%
234MCDONALDS CORPMCD12$1,8430.00%
235APPLIED MATLS INC0382221056$1,8340.00%
236VERIZON COMMUNICATIONS INCVZ7$1,7990.00%
237AMPHENOL CORP NEW03209510144$1,7920.00%
238ALIBABA GROUP HLDG LTDBBAAY32$1,6500.00%
239BOEING COBA-PA40$1,5210.00%
240CAPITAL ONE FINL CORP14040H10516$1,4710.00%
241LOWES COS INC5486611076$1,4540.00%
242ARISTA NETWORKS INCANET81$1,4430.00%
243ADOBE INCADBE3$1,4010.00%
244PFIZER INCPFE4$1,4000.00%
245GILEAD SCIENCES INCGILD14$1,3550.00%
246ACCENTURE PLC IRELANDACN2$1,3480.00%
247INTUITINTU5$1,3420.00%
248AMGEN INCAMGN2$1,3250.00%
249KLA CORPKLAC90$1,2640.00%
250DUKE ENERGY CORP NEWDUKB12$1,1980.00%
251TRANE TECHNOLOGIES PLCTT57$1,1700.00%
252BRISTOL-MYERS SQUIBB COCELG-RI13$1,1340.00%
253ANALOG DEVICES INCADI19$1,1170.00%
254CONSTELLATION ENERGY CORPCEG4$1,0850.00%
255ALTRIA GROUP INCMO3$1,0600.00%
256SHOPIFY INCSHOP4$1,0290.00%
257CVS HEALTH CORPCVS13$9620.00%
258TRAVELERS COMPANIES INCTRV13$8730.00%
259HUBSPOT INCHUBS14$8030.00%
260EDWARDS LIFESCIENCES CORPEW12$7680.00%
261CINTAS CORPCTAS5$7540.00%
262LPL FINL HLDGS INC50212V1009$7150.00%
263GENERAL DYNAMICS CORPGD2$6760.00%
264WASTE MGMT INC DEL94106L10929$6590.00%
265HONEYWELL INTL INC4385161067$5860.00%
266LIVE NATION ENTERTAINMENT INLYV1$5700.00%
267AXON ENTERPRISE INCAXON24$5690.00%
268THE CIGNA GROUP12552310012$5510.00%
269STARBUCKS CORPSBUX4$5050.00%
270CRH PLCCRH14$5000.00%
271INTERCONTINENTAL EXCHANGE IN45866F1041$4870.00%
272LOCKHEED MARTIN CORPLMT3$4850.00%
273EMERSON ELEC COEMR3$3980.00%
274UNITED PARCEL SERVICE INCUPS3$3980.00%
275EXPEDIA GROUP INCEXPE2$2840.00%