CIK: 0001698220
Total reported value
$267.2M
Reporting period: 2021-12-31 · Number of holdings: 69
Heritage Way Advisors, LLC disclosed 69 holdings in its latest 13F filing for the period ending 2021-12-31, with total reported value of $267.2M and a quarterly turnover rate of 0.0%.
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Heritage Way Advisors, LLC's disclosed holdings carry a Herfindahl concentration index of 0.059 — mathematically equivalent to about 17 equally-sized positions, well below its 69 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.76), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 31% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Add IVV
+4.5% $7.6M
Trim MDT
-2.8% -$533.0K
Add VEA
+14.5% $2.1M
Trim CMCSA
+0.9% -$287.0K
Add HD
-1.3% $1.1M
Add IJR
+15.1% $1.3M
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 20.93% | +0.85% | +4.52% | |
| 2 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 5.83% | +0.24% | +14.51% | |
| 3 | SCHX | Schwab US Large-cap ETF | ETF-Other | 2.96% | -0.14% | -3.15% | |
| 4 | IJH | Ishares Core S&p Midcap ETF | ETF-Other | 2.75% | +0.19% | +11.08% | |
| 5 | IJR | Ishares Core S&p Small-cap E | ETF-Small Cap | 2.73% | +0.22% | +15.10% | |
| 6 | MSFT | Microsoft CORP | Stock-Tech | 2.69% | -0.09% | -10.03% | |
| 7 | HD | Home Depot INC | Stock-Consumer Disc | 2.09% | +0.23% | -1.32% | |
| 8 | BLKCHF | Blackrock INC | Stock-Other | 2.07% | -0.07% | -1.53% | |
| 9 | UPS | United Parcel Service-cl B | Stock-Industrials | 2.03% | +0.10% | -0.75% | |
| 10 | ACN | Accenture plc | Stock-Tech | 1.97% | +0.12% | -8.89% | |
| 11 | VSS | Vanguard Ftse All Wo X-us Sc | ETF-Other | 1.92% | +0.05% | +13.81% | |
| 12 | NSC | Norfolk Southern CORP | Stock-Industrials | 1.84% | +0.18% | -1.03% | |
| 13 | NKE | Nike INC -cl B | Stock-Consumer Disc | 1.82% | -0.11% | -8.60% | |
| 14 | TROW | T Rowe Price Group INC | Stock-Financials | 1.82% | — | -0.94% | |
| 15 | ABT | Abbott Laboratories | Stock-Healthcare | 1.74% | +0.10% | -0.74% | |
| 16 | VWO | Vanguard Ftse Emerging Marke | ETF-Emerging Markets | 1.73% | +0.08% | +17.50% | |
| 17 | ABBV | Abbvie INC | Stock-Healthcare | 1.72% | +0.19% | -0.52% | |
| 18 | ORCL | Oracle CORP | Stock-Tech | 1.51% | — | -1.01% | |
| 19 | EFX | Equifax INC | Stock-Industrials | 1.49% | -0.09% | -9.59% | |
| 20 | HSY | Hershey Co/the | Stock-Consumer Staples | 1.46% | +0.01% | -2.16% | |
| 21 | EMN | Eastman Chemical Co | Stock-Materials | 1.44% | +0.10% | -1.13% | |
| 22 | PEP | Pepsico INC | Stock-Consumer Staples | 1.41% | +0.03% | -2.30% | |
| 23 | JNJ | Johnson & Johnson | Stock-Healthcare | 1.39% | -0.07% | -0.52% | |
| 24 | ADP | Automatic Data Processing | Stock-Tech | 1.38% | +0.12% | -0.80% | |
| 25 | GPC | Genuine Parts Co | Stock-Consumer Disc | 1.38% | +0.03% | -2.17% | |
| 26 | CSCO | Cisco Systems INC | Stock-Tech | 1.33% | +0.05% | -0.75% | |
| 27 | UNH | Unitedhealth Group INC | Stock-Healthcare | 1.32% | +0.15% | -2.05% | |
| 28 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.32% | -0.21% | -0.99% | |
| 29 | SBUX | Starbucks CORP | Stock-Consumer Disc | 1.24% | -0.06% | -0.48% | |
| 30 | DIS | Walt Disney Co/the | Stock-Comm Services | 1.22% | -0.20% | +4.45% | |
| 31 | NTRS | Northern Trust CORP | Stock-Financials | 1.20% | -0.01% | -0.61% | |
| 32 | NVS | Novartis Ag-sponsored Adr | Stock-Healthcare | 1.17% | -0.03% | +1.29% | |
| 33 | HON | Honeywell International INC | Stock-Industrials | 1.16% | -0.16% | -0.42% | |
| 34 | KO | Coca-cola Co/the | Stock-Consumer Staples | 1.12% | -0.01% | -1.79% | |
| 35 | MCD | Mcdonald's CORP | Stock-Consumer Disc | 1.07% | -0.02% | -2.17% | |
| 36 | CMCSA | Comcast Corp-class A | Stock-Comm Services | 1.06% | -0.24% | +0.91% | |
| 37 | ADI | Analog Devices INC | Stock-Tech | 1.03% | -0.06% | -0.80% | |
| 38 | APD | Air Products & Chemicals INC | Stock-Materials | 1.02% | +0.04% | -2.22% | |
| 39 | MMM | 3m Co | Stock-Industrials | 1.02% | — | -0.58% | |
| 40 | CL | Colgate-palmolive Co | Stock-Consumer Staples | 1.01% | — | -2.08% | |
| 41 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 0.98% | -0.02% | — | |
| 42 | INTC | Intel CORP | Stock-Tech | 0.96% | — | +4.66% | |
| 43 | CVX | Chevron CORP | Stock-Energy | 0.95% | +0.02% | -1.81% | |
| 44 | NOC | Northrop Grumman CORP | Stock-Industrials | 0.95% | -0.04% | -1.57% | |
| 45 | ALLE | Allegion plc | Stock-Industrials | 0.95% | — | -1.67% | |
| 46 | ENB | Enbridge INC | Stock-Energy | 0.87% | -0.14% | -2.60% | |
| 47 | QDEF | Flexshares Quality Dividend | ETF-Other | 0.86% | — | — | |
| 48 | MDT | Medtronic plc | Stock-Healthcare | 0.81% | -0.31% | -2.84% | |
| 49 | SCHF | Schwab Intl Equity ETF | ETF-Other | 0.74% | — | +1.29% | |
| 50 | STT | State Street CORP | Stock-Financials | 0.66% | -0.13% | -15.17% |
Not enough priced holdings yet to compute performance
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2021-12-31 | 69 | $267.2M | 0 | |
| 2021-09-30 | 68 | $240.7M | 0 | |
| 2021-06-30 | 69 | $243.3M | 97 | |
| 2021-03-31 | 65 | $228.1M | 11 | |
| 2020-12-31 | 65 | $217.0M | 16 | |
| 2020-09-30 | 65 | $190.5M | 20 | |
| 2020-06-30 | 62 | $171.2M | 24 | |
| 2020-03-31 | 60 | $139.1M | 47 | |
| 2019-12-31 | 61 | $172.7M | 12 | |
| 2019-09-30 | 60 | $158.1M | 100 | |
| 2019-06-30 | 53 | $155.4M | 0 | |
| 2019-03-31 | 57 | $149.2M | 0 | |
| 2018-12-31 | 57 | $130.1M | 19 | |
| 2018-09-30 | 60 | $144.6M | 8 | |
| 2018-06-30 | 62 | $136.5M | 14 | |
| 2018-03-31 | 59 | $128.7M | 72 | |
| 2017-12-31 | 65 | $265.8M | 74 | |
| 2017-09-30 | 60 | $122.1M | 16 | |
| 2017-06-30 | 57 | $117.2M | 12 | |
| 2017-03-31 | 57 | $108.5M | 19 | |
| 2016-12-31 | 58 | $101.5M | 0 |
Heritage Way Advisors, LLC's most significant position changes for 2021-12-31: New buy: Wells Fargo & Co (WFC); Add: Ishares Core S&p 500 ETF (IVV) — shares +4.52%; Trim: Medtronic plc (MDT) — shares -2.84%; Add: Vanguard Ftse Developed ETF (VEA) — shares +14.51%; Add: Comcast Corp-class A (CMCSA) — shares +0.91%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | IVV | Ishares Core S&p 500 ETF | +0.9% | +4.52% | Add |
| 2 | VEA | Vanguard Ftse Developed ETF | +0.2% | +14.51% | Add |
| 3 | HD | Home Depot INC | +0.2% | -1.32% | Trim |
| 4 | IJR | Ishares Core S&p Small-cap E | +0.2% | +15.10% | Add |
| 5 | IJH | Ishares Core S&p Midcap ETF | +0.2% | +11.08% | Add |
| 6 | ABBV | Abbvie INC | +0.2% | -0.52% | Trim |
| 7 | NSC | Norfolk Southern CORP | +0.2% | -1.03% | Trim |
| 8 | UNH | Unitedhealth Group INC | +0.2% | -2.05% | Trim |
| 9 | ACN | Accenture plc | +0.1% | -8.89% | Trim |
| 10 | ADP | Automatic Data Processing | +0.1% | -0.80% | Trim |
| 11 | WFC | Wells Fargo & Co | +0.1% | NEW | New buy |
| 12 | UPS | United Parcel Service-cl B | +0.1% | -0.75% | Trim |
| 13 | ABT | Abbott Laboratories | +0.1% | -0.74% | Trim |
| 14 | EMN | Eastman Chemical Co | +0.1% | -1.13% | Trim |
| 15 | VWO | Vanguard Ftse Emerging Marke | +0.1% | +17.50% | Add |
| 16 | VSS | Vanguard Ftse All Wo X-us Sc | +0.1% | +13.81% | Add |
| 17 | CSCO | Cisco Systems INC | +0.1% | -0.75% | Trim |
| 18 | AAPL | Apple INC | +0.1% | -1.95% | Trim |
| 19 | APD | Air Products & Chemicals INC | 0% | -2.22% | Trim |
| 20 | GPC | Genuine Parts Co | 0% | -2.17% | Trim |
| 21 | PEP | Pepsico INC | 0% | -2.30% | Trim |
| 22 | CVX | Chevron CORP | 0% | -1.81% | Trim |
| 23 | SNA | Snap-on INC | 0% | +17.22% | Add |
| 24 | HSY | Hershey Co/the | 0% | -2.16% | Trim |
| 25 | CL | Colgate-palmolive Co | — | -2.08% | Trim |
| 26 | QDEF | Flexshares Quality Dividend | — | — | Unchanged |
| 27 | IWF | Ishares Russell 1000 Growth | — | — | Unchanged |
| 28 | SPY | Ss Spdr S&p 500 ETF Trust-us | — | — | Unchanged |
| 29 | NTRS | Northern Trust CORP | 0% | -0.61% | Trim |
| 30 | KO | Coca-cola Co/the | 0% | -1.79% | Trim |
| 31 | MCD | Mcdonald's CORP | 0% | -2.17% | Trim |
| 32 | VTI | Vanguard Total Stock Mkt ETF | 0% | — | Unchanged |
| 33 | NVS | Novartis Ag-sponsored Adr | 0% | +1.29% | Add |
| 34 | NOC | Northrop Grumman CORP | 0% | -1.57% | Trim |
| 35 | SBUX | Starbucks CORP | -0.1% | -0.48% | Trim |
| 36 | ADI | Analog Devices INC | -0.1% | -0.80% | Trim |
| 37 | BLKCHF | Blackrock INC | -0.1% | -1.53% | Trim |
| 38 | JNJ | Johnson & Johnson | -0.1% | -0.52% | Trim |
| 39 | MSFT | Microsoft CORP | -0.1% | -10.03% | Trim |
| 40 | EFX | Equifax INC | -0.1% | -9.59% | Trim |
| 41 | NKE | Nike INC -cl B | -0.1% | -8.60% | Trim |
| 42 | 1D5A | Plx Pharma INC | -0.1% | — | Unchanged |
| 43 | STT | State Street CORP | -0.1% | -15.17% | Trim |
| 44 | SCHX | Schwab US Large-cap ETF | -0.1% | -3.15% | Trim |
| 45 | ENB | Enbridge INC | -0.1% | -2.60% | Trim |
| 46 | HON | Honeywell International INC | -0.2% | -0.42% | Trim |
| 47 | DIS | Walt Disney Co/the | -0.2% | +4.45% | Add |
| 48 | JPM | Jpmorgan Chase & Co | -0.2% | -0.99% | Trim |
| 49 | CMCSA | Comcast Corp-class A | -0.2% | +0.91% | Add |
| 50 | MDT | Medtronic plc | -0.3% | -2.84% | Trim |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2021-12-31 | 2022-01-13 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-10-15 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-07-14 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-04-20 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2021-01-25 | 13F-HR | View on EDGAR |
| 2020-09-30 | 2020-11-05 | 13F-HR | View on EDGAR |
| 2020-06-30 | 2020-07-20 | 13F-HR | View on EDGAR |
| 2020-03-31 | 2020-04-15 | 13F-HR | View on EDGAR |
| 2019-12-31 | 2020-02-11 | 13F-HR | View on EDGAR |
| 2019-09-30 | 2019-10-30 | 13F-HR | View on EDGAR |
| 2019-06-30 | 2019-10-31 | Amendment | View on EDGAR |
| 2019-06-30 | 2019-07-31 | 13F-HR | View on EDGAR |
| 2019-03-31 | 2019-10-31 | Amendment | View on EDGAR |
| 2019-03-31 | 2019-05-10 | 13F-HR | View on EDGAR |
| 2018-12-31 | 2019-01-28 | 13F-HR | View on EDGAR |
| 2018-09-30 | 2018-10-10 | 13F-HR | View on EDGAR |
| 2018-06-30 | 2018-07-17 | 13F-HR | View on EDGAR |
| 2018-03-31 | 2018-04-16 | 13F-HR | View on EDGAR |
| 2017-12-31 | 2018-01-18 | Amendment | View on EDGAR |
| 2017-12-31 | 2018-01-18 | 13F-HR | View on EDGAR |
| 2017-09-30 | 2017-10-18 | 13F-HR | View on EDGAR |
| 2017-06-30 | 2017-07-18 | 13F-HR | View on EDGAR |
| 2017-03-31 | 2017-04-17 | 13F-HR | View on EDGAR |
| 2016-12-31 | 2017-02-16 | 13F-HR | View on EDGAR |
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