Institutional Manager · CIK 0001701132
Sterling Investment Advisors, Ltd.
BERWYN, PA · File #028-18056
Latest AUM
$542.9M
Positions
213
Top-10 Concentration
42.2%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | SPDR Gold MiniShares ETF | 98149E303 | -136,425 | -$10.4M | $0 |
| NEW | iShares Flexible Income Active ETF | BLK | +92,800 | +$4.9M | $0 |
| NEW | VanEck BDC Income ETF | 92189F411 | +337,425 | +$4.8M | $0 |
| NEW | VanEck Rare Earth & Strategic Metals ETF | 92189H805 | +40,510 | +$3.0M | $0 |
| ADD | JPMorgan Flexible Debt ETF | 46654Q559 | +44,667 | +$2.2M | +$1,850 |
| EXITED | Fidelity National Financial, Inc. | 31620R303 | -36,645 | -$2.2M | $0 |
| REDUCE | VanEck Gold Miners ETF | 92189F106 | -14,866 | -$1.3M | +$1.5M |
| REDUCE | Johnson & Johnson | JNJ | -5,675 | -$1.2M | +$693,369 |
| REDUCE | Globus Medical, Inc. | GMED | -13,000 | -$1.1M | +$4.7M |
| ADD | Alerian MLP ETF | ALPWF | +20,700 | +$973,311 | +$9,448 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025213 pos · $542.9M
- 13F HOLDINGS REPORTQ/E Sep 2025203 pos · $513.9M
- 13F HOLDINGS REPORTQ/E Jun 2025182 pos · $456.1M
- 13F HOLDINGS REPORTQ/E Mar 2025174 pos · $416.5M
- 13F HOLDINGS REPORTQ/E Dec 2024161 pos · $412.5M
- 13F HOLDINGS REPORTQ/E Sep 2024151 pos · $394.6M
- 13F HOLDINGS REPORTQ/E Jun 2024137 pos · $369.9M
- 13F HOLDINGS REPORTQ/E Mar 2024140 pos · $355.7M
- 13F HOLDINGS REPORTQ/E Dec 2023133 pos · $286.5M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | Apple, Inc. | AAPL | 134,825 | $36.7M | 9.22% |
| 2 | JPMorgan Flexible Debt ETF | 46654Q559 | 413,979 | $20.8M | 5.23% |
| 3 | Alphabet, Inc. A | GOOG | 55,294 | $17.3M | 4.35% |
| 4 | Amazon.com, Inc. | AMZN | 72,553 | $16.7M | 4.21% |
| 5 | Nvidia Corp. | NVDA | 80,792 | $15.1M | 3.79% |
| 6 | VanEck Gold Miners ETF | 92189F106 | 149,888 | $12.9M | 3.23% |
| 7 | Microsoft Corp. | MSFT | 26,117 | $12.6M | 3.18% |
| 8 | Globus Medical, Inc. | GMED | 144,023 | $12.6M | 3.16% |
| 9 | Kinder Morgan, Inc. | EP-PC | 448,929 | $12.3M | 3.11% |
| 10 | CrowdStrike Holdings, Inc. | CRWD | 23,072 | $10.8M | 2.72% |
| 11 | SPDR Gold MiniShares ETF | GLD | 126,458 | $10.8M | 2.72% |
| 12 | iShares Select Dividend ETF | 464287168 | 71,467 | $10.1M | 2.54% |
| 13 | Goldman Sachs Group, Inc. | GSCE | 11,326 | $10.0M | 2.50% |
| 14 | iShares Core S&P Small-Cap ETF | 78468R853 | 81,705 | $9.8M | 2.47% |
| 15 | Costco Wholesale Corp. | 22160K105 | 9,495 | $8.2M | 2.06% |
| 16 | J.P. Morgan Chase & Co. | VYLD | 24,392 | $7.9M | 1.98% |
| 17 | JPMorgan Equity Premium Income ETF | 46641Q332 | 131,429 | $7.5M | 1.89% |
| 18 | Visa, Inc. | V | 21,439 | $7.5M | 1.89% |
| 19 | Lockheed Martin Corp. | LMT | 15,150 | $7.3M | 1.84% |
| 20 | KKR & Co. | KKRT | 56,506 | $7.2M | 1.81% |