# EDGAR Filing Document

**Accession Number:** 0001904033
**File Stem:** 0001904033-25-000003
**Filing Date:** 2025-7
**Character Count:** 13311
**Document Hash:** 0b57625f1b8a1fc3d2e775ca9a4faa0d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001904033-25-000003.hdr.sgml**: 20250715

**ACCESSION NUMBER**: 0001904033-25-000003

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250715

**DATE AS OF CHANGE**: 20250715

**EFFECTIVENESS DATE**: 20250715

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Buttonwood Financial Advisors Inc.
- **CENTRAL INDEX KEY:** 0001904033

**ORGANIZATION NAME:**
- **EIN:** 260905407
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21507
- **FILM NUMBER:** 251124459

**BUSINESS ADDRESS:**
- **STREET 1:** 1 N HAVEN STREET
- **STREET 2:** SUITE 204
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21224
- **BUSINESS PHONE:** 410-988-2391

**MAIL ADDRESS:**
- **STREET 1:** 1 N HAVEN STREET
- **STREET 2:** SUITE 204
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21224

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Buttonwood Financial Advisors Inc.<br>**Address:** 1 N HAVEN STREET<br>SUITE 204<br>BALTIMORE, MD 21224

**Form 13F File Number:** 028-21507

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Jeffrey Malcom<br>**Title:** Portfolio Manager<br>**Phone:** 410-988-2391

**Signature, Place, and Date of Signing:**

Jeffrey Malcom  Baltimore, MD  07-15-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 99

**Form 13F Information Table Value Total:** $249126717

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 939125 | 6169 | SH |  | SOLE | 0 | 0 | 0 | 6169 |
| ABBOTT LABS | COM | 002824100 |  | 404214 | 2972 | SH |  | SOLE | 0 | 0 | 0 | 2972 |
| ABBVIE INC | COM | 00287Y109 |  | 614457 | 3310 | SH |  | SOLE | 0 | 0 | 0 | 3310 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1746959 | 5845 | SH |  | SOLE | 0 | 0 | 0 | 5845 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 12129254 | 68826 | SH |  | SOLE | 0 | 45 | 0 | 68781 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 649462 | 3661 | SH |  | SOLE | 0 | 0 | 0 | 3661 |
| AMAZON COM INC | COM | 023135106 |  | 5429409 | 24748 | SH |  | SOLE | 0 | 15 | 0 | 24733 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 3011127 | 9440 | SH |  | SOLE | 0 | 0 | 0 | 9440 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 666928 | 3017 | SH |  | SOLE | 0 | 0 | 0 | 3017 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 |  | 4704584 | 68460 | SH |  | SOLE | 0 | 0 | 0 | 68460 |
| APPLE INC | COM | 037833100 |  | 3047731 | 14855 | SH |  | SOLE | 0 | 0 | 0 | 14855 |
| APPLIED MATLS INC | COM | 038222105 |  | 2337551 | 12769 | SH |  | SOLE | 0 | 0 | 0 | 12769 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 384050 | 2217 | SH |  | SOLE | 0 | 0 | 0 | 2217 |
| ARROW ELECTRS INC | COM | 042735100 |  | 7250873 | 56901 | SH |  | SOLE | 0 | 0 | 0 | 56901 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 534380 | 1733 | SH |  | SOLE | 0 | 0 | 0 | 1733 |
| BANK AMERICA CORP | COM | 060505104 |  | 649940 | 13735 | SH |  | SOLE | 0 | 0 | 0 | 13735 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 10445109 | 21502 | SH |  | SOLE | 0 | 0 | 0 | 21502 |
| BLACKROCK INC | COM | 09290D101 |  | 1364573 | 1301 | SH |  | SOLE | 0 | 0 | 0 | 1301 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 1135299 | 196 | SH |  | SOLE | 0 | 0 | 0 | 196 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 2605019 | 42118 | SH |  | SOLE | 0 | 48 | 0 | 42070 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 3261845 | 103880 | SH |  | SOLE | 0 | 0 | 0 | 103880 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 317801 | 1494 | SH |  | SOLE | 0 | 0 | 0 | 1494 |
| CISCO SYS INC | COM | 17275R102 |  | 221020 | 3186 | SH |  | SOLE | 0 | 0 | 0 | 3186 |
| COCA COLA CO | COM | 191216100 |  | 588983 | 8325 | SH |  | SOLE | 0 | 0 | 0 | 8325 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 336585 | 2069 | SH |  | SOLE | 0 | 20 | 0 | 2049 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 284573 | 882 | SH |  | SOLE | 0 | 0 | 0 | 882 |
| COSTAR GROUP INC | COM | 22160N109 |  | 431105 | 5362 | SH |  | SOLE | 0 | 31 | 0 | 5331 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1107895 | 1119 | SH |  | SOLE | 0 | 0 | 0 | 1119 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 528617 | 5242 | SH |  | SOLE | 0 | 0 | 0 | 5242 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 3163237 | 88260 | SH |  | SOLE | 0 | 0 | 0 | 88260 |
| DISNEY WALT CO | COM | 254687106 |  | 3052735 | 24617 | SH |  | SOLE | 0 | 0 | 0 | 24617 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 274419 | 2326 | SH |  | SOLE | 0 | 0 | 0 | 2326 |
| EBAY INC. | COM | 278642103 |  | 368446 | 4948 | SH |  | SOLE | 0 | 0 | 0 | 4948 |
| EMERSON ELEC CO | COM | 291011104 |  | 2400536 | 18004 | SH |  | SOLE | 0 | 0 | 0 | 18004 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 247317 | 2165 | SH |  | SOLE | 0 | 0 | 0 | 2165 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3054708 | 28337 | SH |  | SOLE | 0 | 10 | 0 | 28327 |
| FIDELITY COVINGTON TRUST | MSCI HLTH CARE I | 316092600 |  | 12133253 | 189730 | SH |  | SOLE | 0 | 47 | 0 | 189683 |
| FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 316188309 |  | 12380698 | 270616 | SH |  | SOLE | 0 | 0 | 0 | 270616 |
| FISERV INC | COM | 337738108 |  | 2072627 | 12022 | SH |  | SOLE | 0 | 0 | 0 | 12022 |
| GE AEROSPACE | COM NEW | 369604301 |  | 1175883 | 4568 | SH |  | SOLE | 0 | 0 | 0 | 4568 |
| GE VERNOVA INC | COM | 36828A101 |  | 632633 | 1196 | SH |  | SOLE | 0 | 0 | 0 | 1196 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 612462 | 2100 | SH |  | SOLE | 0 | 0 | 0 | 2100 |
| GENUINE PARTS CO | COM | 372460105 |  | 439459 | 3623 | SH |  | SOLE | 0 | 0 | 0 | 3623 |
| HERSHEY CO | COM | 427866108 |  | 618662 | 3728 | SH |  | SOLE | 0 | 0 | 0 | 3728 |
| HOME DEPOT INC | COM | 437076102 |  | 2214393 | 6040 | SH |  | SOLE | 0 | 0 | 0 | 6040 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 253351 | 1049 | SH |  | SOLE | 0 | 0 | 0 | 1049 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 966336 | 5267 | SH |  | SOLE | 0 | 0 | 0 | 5267 |
| ISHARES TR | IBONDS DEC2026 | 46435GAA0 |  | 285204 | 11761 | SH |  | SOLE | 0 | 0 | 0 | 11761 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 2891561 | 21413 | SH |  | SOLE | 0 | 0 | 0 | 21413 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 6186904 | 74667 | SH |  | SOLE | 0 | 0 | 0 | 74667 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 381063 | 3487 | SH |  | SOLE | 0 | 0 | 0 | 3487 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 367837 | 1541 | SH |  | SOLE | 0 | 0 | 0 | 1541 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 223949 | 1812 | SH |  | SOLE | 0 | 0 | 0 | 1812 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 739244 | 2177 | SH |  | SOLE | 0 | 0 | 0 | 2177 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 307821 | 725 | SH |  | SOLE | 0 | 0 | 0 | 725 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1109370 | 17887 | SH |  | SOLE | 0 | 0 | 0 | 17887 |
| ISHARES TR | CORE S ETF | 464287200 |  | 516278 | 832 | SH |  | SOLE | 0 | 0 | 0 | 832 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 |  | 9118731 | 187435 | SH |  | SOLE | 0 | 0 | 0 | 187435 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 471969 | 3090 | SH |  | SOLE | 0 | 0 | 0 | 3090 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 999235 | 3447 | SH |  | SOLE | 0 | 0 | 0 | 3447 |
| KENVUE INC | COM | 49177J102 |  | 452194 | 21605 | SH |  | SOLE | 0 | 0 | 0 | 21605 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1167096 | 2520 | SH |  | SOLE | 0 | 0 | 0 | 2520 |
| LOWES COS INC | COM | 548661107 |  | 1276529 | 5754 | SH |  | SOLE | 0 | 0 | 0 | 5754 |
| MARKEL GROUP INC | COM | 570535104 |  | 6202302 | 3105 | SH |  | SOLE | 0 | 4 | 0 | 3101 |
| MCDONALDS CORP | COM | 580135101 |  | 1315974 | 4504 | SH |  | SOLE | 0 | 0 | 0 | 4504 |
| META PLATFORMS INC | CL A | 30303M102 |  | 11656465 | 15793 | SH |  | SOLE | 0 | 0 | 0 | 15793 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 7387027 | 104974 | SH |  | SOLE | 0 | 0 | 0 | 104974 |
| MICROSOFT CORP | COM | 594918104 |  | 13450081 | 27040 | SH |  | SOLE | 0 | 0 | 0 | 27040 |
| NETFLIX INC | COM | 64110L106 |  | 2631984 | 1965 | SH |  | SOLE | 0 | 0 | 0 | 1965 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 333157 | 2109 | SH |  | SOLE | 0 | 0 | 0 | 2109 |
| ORACLE CORP | COM | 68389X105 |  | 498757 | 2281 | SH |  | SOLE | 0 | 0 | 0 | 2281 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 531221 | 7148 | SH |  | SOLE | 0 | 0 | 0 | 7148 |
| PEPSICO INC | COM | 713448108 |  | 1423497 | 10781 | SH |  | SOLE | 0 | 25 | 0 | 10756 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1036819 | 6508 | SH |  | SOLE | 0 | 0 | 0 | 6508 |
| RTX CORPORATION | COM | 75513E101 |  | 323636 | 2216 | SH |  | SOLE | 0 | 0 | 0 | 2216 |
| S GLOBAL INC | COM | 78409V104 |  | 750810 | 1424 | SH |  | SOLE | 0 | 0 | 0 | 1424 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 502962 | 14881 | SH |  | SOLE | 0 | 0 | 0 | 14881 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 3967060 | 43479 | SH |  | SOLE | 0 | 0 | 0 | 43479 |
| SOUTHERN CO | COM | 842587107 |  | 238776 | 2600 | SH |  | SOLE | 0 | 0 | 0 | 2600 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 873080 | 1413 | SH |  | SOLE | 0 | 0 | 0 | 1413 |
| STARBUCKS CORP | COM | 855244109 |  | 2321694 | 25338 | SH |  | SOLE | 0 | 0 | 0 | 25338 |
| STRYKER CORPORATION | COM | 863667101 |  | 666476 | 1685 | SH |  | SOLE | 0 | 0 | 0 | 1685 |
| TERADYNE INC | COM | 880770102 |  | 2001638 | 22260 | SH |  | SOLE | 0 | 34 | 0 | 22226 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 385565 | 3820 | SH |  | SOLE | 0 | 0 | 0 | 3820 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 481746 | 1544 | SH |  | SOLE | 0 | 0 | 0 | 1544 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 |  | 25065248 | 267249 | SH |  | SOLE | 0 | 269 | 0 | 266980 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 773255 | 1764 | SH |  | SOLE | 0 | 0 | 0 | 1764 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 250864 | 1059 | SH |  | SOLE | 0 | 0 | 0 | 1059 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 671523 | 2400 | SH |  | SOLE | 0 | 0 | 0 | 2400 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 1178027 | 7163 | SH |  | SOLE | 0 | 0 | 0 | 7163 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 878710 | 2891 | SH |  | SOLE | 0 | 0 | 0 | 2891 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 3582897 | 17506 | SH |  | SOLE | 0 | 0 | 0 | 17506 |
| VANGUARD WHITEHALL FDS | INTL DVD ETF | 921946810 |  | 8809710 | 97755 | SH |  | SOLE | 0 | 105 | 0 | 97650 |
| VANGUARD WORLD FD | MEGA CAP INDEX | 921910873 |  | 2090397 | 9294 | SH |  | SOLE | 0 | 0 | 0 | 9294 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 744650 | 2034 | SH |  | SOLE | 0 | 0 | 0 | 2034 |
| VISA INC | COM CL A | 92826C839 |  | 5245064 | 14773 | SH |  | SOLE | 0 | 0 | 0 | 14773 |
| WALMART INC | COM | 931142103 |  | 332762 | 3403 | SH |  | SOLE | 0 | 0 | 0 | 3403 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 556783 | 3408 | SH |  | SOLE | 0 | 0 | 0 | 3408 |
| YUM BRANDS INC | COM | 988498101 |  | 281492 | 1900 | SH |  | SOLE | 0 | 0 | 0 | 1900 |

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