Woodward Financial Advisors, Inc. has filed its Form 13F-HR, disclosing the firm's equity holdings as of September 30, 2025. The filing lists 60 distinct securities held by the firm, with a total value of approximately $2,622,668,219.
The portfolio is heavily weighted toward exchange-traded funds (ETFs), particularly those tracking broad market indices and value strategies. Vanguard Index Funds dominate the list, with the Vanguard Total Stock Market ETF holding 900 shares and the Vanguard Real Estate ETF holding 13,562 shares. Other major index funds include the Vanguard Small Cap ETF (841 shares) and the Vanguard Mid Cap ETF (979 shares).
Among individual stocks, Microsoft Corporation is the largest holding, with 3,348 shares. Other notable individual positions include Johnson & Johnson (1,222 shares), Merck & Co. (8,131 shares), and Berkshire Hathaway Inc. Class B (2,659 shares). The firm also holds significant positions in Dimensional ETF Trust funds, including the US Small Cap ETF (75,564 shares) and the Emerging Markets Core Equity ETF (593,108 shares).
The filing indicates that all positions are held in a Sole voting capacity, with no shared voting or dispositive rights reported for any of the securities listed.
