SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Bristlecone Advisors, LLC

CIK 0001671716 · 10900 NE 4TH STREET, SUITE 1920, BELLEVUE, WA, 98004 · 206-664-2500

Reported Value
$662M
Q1 2021
Positions
214
Filings on Record
28
2019–present window
Filed
Apr 30, 2021
original filing

Summary

Bristlecone Advisors, LLC reported $662M in U.S.-listed holdings across 214 positions for Q1 2021.

Its largest position, MSFT, represents 8.2% of the portfolio.

Compared with Q4 2020, the fund opened 17 new positions and exited 4.

Portfolio Metrics

Turnover
+2.9%
vs prior filed quarter
Top-10 Concentration
+38.0%
share of reported value
Largest Position
+8.2%
Microsoft
New / Exited
17 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $333MQ4 ’18Q1 ’19: $357MQ2 ’19: $421MQ3 ’19: $411MQ4 ’19: $498MQ4 ’19Q1 ’20: $419MQ2 ’20: $494MQ3 ’20: $548MQ4 ’20: $629MQ4 ’20Q1 ’21: $662MQ2 ’21: $739MQ3 ’21: $764MQ4 ’21: $833MQ4 ’21Q1 ’22: $814MQ2 ’22: $810MQ3 ’22: $766MQ4 ’22: $816MQ4 ’22Q1 ’23: $912MQ2 ’23: $995MQ3 ’23: $890MQ4 ’23: $990MQ4 ’23Q1 ’24: $1.1BQ2 ’24: $1.2BQ3 ’24: $1.2BQ4 ’24: $1.3BQ4 ’24Q1 ’25: $1.2BQ2 ’25: $1.2BQ3 ’25: $1.2Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 53.2%ETP: 43.8%REIT: 1.3%Other: 1.0%ADR: 0.6%Other: 0.0%
  • Common Stock · 53.2% · $352M
  • ETP · 43.8% · $290M
  • REIT · 1.3% · $8M
  • Other · 1.0% · $7M
  • ADR · 0.6% · $4M
  • Other · 0.0% · $291,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EQIXEQUINIX INCNEW+2.1K2.1K+$1M$1M
ABBVABBVIE INCNEW+4.0K4.0K+$430,000$430,000
SUN CMNTYS INCNEW+2.3K2.3K+$345,000$345,000
DIMENSIONAL ETF TRUSTNEW+9.7K9.7K+$272,000$272,000
COPCONOCOPHILLIPSNEW+5.0K5.0K+$265,000$265,000
CATCATERPILLAR INCNEW+1.1K1.1K+$253,000$253,000
PLTRPALANTIR TECHNOLOGIES INCNEW+10.8K10.8K+$251,000$251,000
IRON MTN INC NEWNEW+6.3K6.3K+$232,000$232,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2021

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM11.89%$79M333.7K
2ISHARES TRCORE S&P500 ETF · CORE S&P MCP ETF · RUS MID CAP ETF · MSCI EAFE ETF · CORE S&P SCP ETF11.07%$73M459.7K
3SCHWAB STRATEGIC TRUS LRG CAP ETF · INTL EQTY ETF5.45%$36M587.2K
4VUGVANGUARD INDEX FDShistory →SMALL CP ETF · GROWTH ETF · MID CAP ETF · TOTAL STK MKT4.51%$30M132.6K
5AAPLAPPLE INChistory →COM4.20%$28M227.3K
6SPDR INDEX SHS FDSPORTFOLIO DEVLPD4.08%$27M763.8K
7AMZNAMAZON COM INChistory →COM3.07%$20M6.6K
8J P MORGAN EXCHANGE-TRADED FULTRA SHRT INC · ULTRA SHT MUNCPL1.94%$13M253.2K
9GOOGLALPHABET INChistory →CAP STK CL A1.57%$10M5.0K
10SPDR S&P 500 ETF TRTR UNIT1.54%$10M25.7K
11COSTCOSTCO WHSL CORP NEWhistory →COM1.43%$9M26.9K
12GOLDMAN SACHS ETF TRACES ULTRA SHR1.41%$9M183.8K
13WISDOMTREE TRUS LARGECAP DIVD1.32%$9M76.4K
14METAFACEBOOK INChistory →CL A1.14%$8M25.6K
15SELECT SECTOR SPDR TRTECHNOLOGY1.13%$7M56.3K
16PYPLPAYPAL HLDGS INChistory →COM1.10%$7M30.1K
17VVISA INChistory →COM CL A1.00%$7M31.3K
18JPMJPMORGAN CHASE & COCOM0.98%$7M42.7K
19HDHOME DEPOT INCCOM0.94%$6M20.4K
20SBUXSTARBUCKS CORPCOM0.91%$6M54.9K
21VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.86%$6M109.1K
22BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.84%$6M21.9K
23JNJJOHNSON & JOHNSONCOM0.80%$5M32.2K
24AMGNAMGEN INCCOM0.71%$5M18.9K
25NKENIKE INCCL B0.65%$4M32.4K
26PCARPACCAR INCCOM0.65%$4M46.2K
27VANGUARD WORLD FDSINF TECH ETF0.63%$4M11.6K
28UNHUNITEDHEALTH GROUP INCCOM0.62%$4M11.1K
29DISDISNEY WALT COCOM0.62%$4M22.1K
30ADBEADOBE SYSTEMS INCORPORATEDCOM0.60%$4M8.4K
31BLKCHFBLACKROCK INCCOM0.60%$4M5.3K
32DHRDANAHER CORPORATIONCOM0.56%$4M16.4K
33LRCXEURLAM RESEARCH CORPCOM0.55%$4M6.1K
34TRVTRAVELERS COMPANIES INCCOM0.54%$4M23.7K
35TXNTEXAS INSTRS INCCOM0.54%$4M18.8K
36UNPUNION PAC CORPCOM0.54%$4M16.1K
37HONGBPHONEYWELL INTL INCCOM0.52%$3M16.0K
38FTNTFORTINET INCCOM0.52%$3M18.7K
39CITCINTAS CORPCOM0.51%$3M9.9K
40UBERUBER TECHNOLOGIES INCCOM0.49%$3M60.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2025$1.2B233Oct 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.2B296Aug 4, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.2B380May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.3B376Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.2B365Oct 24, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.2B291Jul 25, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.1B270Apr 22, 202413F-HRchanges · EDGAR ↗
Q4 2023$990M272Jan 25, 202413F-HRchanges · EDGAR ↗
Q3 2023$890M260Oct 16, 202313F-HRchanges · EDGAR ↗
Q2 2023$995M278Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$912M353May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$816M256Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$766M242Oct 27, 202213F-HRchanges · EDGAR ↗
Q2 2022$810M248Jul 25, 202213F-HRchanges · EDGAR ↗
Q1 2022$814M234Apr 22, 202213F-HRchanges · EDGAR ↗
Q4 2021$833M236Jan 19, 202213F-HRchanges · EDGAR ↗
Q3 2021$764M221Oct 19, 202113F-HRchanges · EDGAR ↗
Q2 2021$739M220Jul 21, 202113F-HRchanges · EDGAR ↗
Q1 2021$662M214Apr 30, 202113F-HRchanges · EDGAR ↗
Q4 2020$629M201Jan 25, 202113F-HRchanges · EDGAR ↗
Q3 2020$548M201Oct 20, 202013F-HRchanges · EDGAR ↗
Q2 2020$494M165Jul 16, 202013F-HRchanges · EDGAR ↗
Q1 2020$419M151Apr 16, 202013F-HRchanges · EDGAR ↗
Q4 2019$498M200Jan 21, 202013F-HRchanges · EDGAR ↗
Q3 2019$411M144Oct 28, 201913F-HRchanges · EDGAR ↗
Q2 2019$421M178Jul 19, 201913F-HRchanges · EDGAR ↗
Q1 2019$357M98Apr 23, 201913F-HRchanges · EDGAR ↗
Q4 2018$333M142Jan 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.