Managers / Q4 2019 · view latest →

Gradient Capital Advisors, LLC

CIK 0001727917 · 2125 POINSETTIA DRIVE, SAN DIEGO, CA, 92107 · 619-255-0700

Reported Value

$144M

Q4 2019

Positions

Filings on Record

2019–present window

Filed

Jan 16, 2020

original filing

Summary

Gradient Capital Advisors, LLC reported $144M in U.S.-listed holdings across 92 positions for Q4 2019.

Its largest position, IVV, represents 9.7% of the portfolio.

Compared with Q3 2019, the fund opened 6 new positions and exited 1.

Portfolio Metrics

Turnover

+1.8%

vs prior filed quarter

Top-10 Concentration

+47.4%

share of reported value

Largest Position

+9.7%

Ishares Core S P 500 Etf

New / Exited

6 / 1

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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

Portfolio Composition

By security type

ETP · 81.1% · $117M
Common Stock · 17.1% · $25M
REIT · 1.6% · $2M
Closed-End Fund · 0.2% · $340,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
LULU LULULEMON ATHLETICA INC COM	NEW	+2.4K	2.4K	+$553,000	$553,000
AMGN AMGEN INC COM	NEW	+946	946	+$228,000	$228,000
PG PROCTER & GAMBLE CO COM	NEW	+1.8K	1.8K	+$222,000	$222,000
SPDR PORTFOLIO TOTAL STOCK MARKET ETF	NEW	+5.5K	5.5K	+$219,000	$219,000
SPDR GOLD MINISHARES TRUST	NEW	+13.7K	13.7K	+$207,000	$207,000
DVY ISHARES SELECT DIVIDEND ETF	NEW	+2.0K	2.0K	+$206,000	$206,000
SPDW SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF	ADDED	+22.4K	42.2K	+$743,000	$1M
INVESCO BULLETSHARES 2019 CORPORATE BOND ETF	SOLD OUT	−14.1K	0	−$298,000	$0

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

Holdings — Q4 2019

91 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	IVV ISHARES CORE S&P 500 ETF history →	ETF	9.73%	$14M	43.2K
2	SCHF SCHWAB INTERNATIONAL EQUITY ETF history →	ETF	7.04%	$10M	300.9K
3	FLRN SPDR BLOOMBERG BARCLAYS INVESTMENT GRADE FLOATING RATE ETF history →	ETF	5.29%	$8M	247.5K
4	AAPL APPLE INC COM history →	Stock	5.18%	$7M	25.4K
5	VTIP VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF history →	ETF	5.09%	$7M	148.5K
6	VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND history →	ETF	3.71%	$5M	65.7K
7	SCHO SCHWAB SHORT-TERM U.S. TREASURY ETF history →	ETF	3.28%	$5M	93.4K
8	SCHX SCHWAB U.S. LARGE-CAP ETF history →	ETF	3.03%	$4M	56.7K
9	SCHM SCHWAB U.S. MID-CAP ETF history →	ETF	2.68%	$4M	64.1K
10	JPST JPMORGAN ULTRA-SHORT INCOME ETF history →	ETF	2.37%	$3M	67.5K
11	VXUS VANGUARD TOTAL INTERNATIONAL STOCK ETF history →	ETF	2.29%	$3M	59.0K
12	VV VANGUARD LARGE-CAP INDEX FUND history →	ETF	2.06%	$3M	20.0K
13	VEA VANGUARD FTSE DEVELOPED MARKETS ETF history →	ETF	2.04%	$3M	66.6K
14	SCHH SCHWAB U.S. REIT ETF history →	ETF	1.86%	$3M	58.0K
15	VB VANGUARD SMALL-CAP INDEX FUND history →	ETF	1.71%	$2M	14.9K
16	JPM JPMORGAN CHASE & CO COM history →	Stock	1.71%	$2M	17.6K
17	IGSB ISHARES SHORT-TERM CORPORATE BOND ETF history →	ETF	1.70%	$2M	45.7K
18	WPC W P CAREY INC COM history →	REIT	1.60%	$2M	28.7K
19	VOO VANGUARD S&P 500 ETF history →	ETF	1.57%	$2M	7.6K
20	SCHZ SCHWAB US AGGREGATE BOND ETF history →	ETF	1.52%	$2M	40.8K
21	VO VANGUARD MID-CAP INDEX FUND history →	ETF	1.29%	$2M	10.4K
22	VNQI VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX history →	ETF	1.28%	$2M	31.0K
23	VUG VANGUARD GROWTH INDEX FUND history →	ETF	1.20%	$2M	9.4K
24	META FACEBOOK INC CL A history →	Stock	1.17%	$2M	8.2K
25	SCHA SCHWAB U.S. SMALL-CAP ETF history →	ETF	1.17%	$2M	22.2K
26	VBR VANGUARD SMALL-CAP VALUE INDEX FUND history →	ETF	1.07%	$2M	11.2K
27	SPSB SPDR PORTFOLIO SHORT TERM CORPORATE BOND ETF	ETF	0.93%	$1M	43.5K
28	MSFT MICROSOFT CORP COM	Stock	0.93%	$1M	8.5K
29	SPDW SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF	ETF	0.92%	$1M	42.2K
30	RWO SPDR DOW JONES GLOBAL REAL ESTATE ETF	ETF	0.92%	$1M	25.6K
31	BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW	Stock	0.91%	$1M	5.7K
32	SCHB SCHWAB U.S. BROAD MARKET ETF	ETF	0.88%	$1M	16.5K
33	BSV VANGUARD SHORT-TERM BOND INDEX FUND	ETF	0.85%	$1M	15.2K
34	VWO VANGUARD FTSE EMERGING MARKETS ETF	ETF	0.76%	$1M	24.6K
35	VNQ VANGUARD REAL ESTATE ETF	ETF	0.70%	$1M	10.8K
36	LMT LOCKHEED MARTIN CORP COM	Stock	0.63%	$898,000	2.3K
37	SCHV SCHWAB U.S. LARGE-CAP VALUE ETF	ETF	0.62%	$895,000	14.9K
38	DIS DISNEY WALT CO COM DISNEY	Stock	0.59%	$850,000	5.9K
39	JNJ JOHNSON & JOHNSON COM	Stock	0.59%	$845,000	5.8K
40	STIP ISHARES 0-5 YEAR TIPS BOND ETF	ETF	0.58%	$840,000	8.3K
41	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF	ETF	0.57%	$824,000	6.4K
42	BAC BANK AMER CORP COM	Stock	0.57%	$819,000	23.3K
43	AGG ISHARES CORE U.S. AGGREGATE BOND ETF	ETF	0.57%	$818,000	7.3K
44	XLP CONSUMER STAPLES SELECT SECTOR SPDR FUND	ETF	0.57%	$814,000	12.9K
45	VEU VANGUARD FTSE ALL-WORLD EX US INDEX FUND	ETF	0.56%	$806,000	15.0K
46	GOOGL ALPHABET INC CAP STK CL A	Stock	0.56%	$799,000	597
47	BA BOEING CO COM	Stock	0.54%	$776,000	2.4K
48	ISHARES CORE TOTAL USD BOND MARKET ETF	ETF	0.48%	$691,000	13.3K
49	INTC INTEL CORP COM	Stock	0.46%	$668,000	11.2K
50	SCHE SCHWAB EMERGING MARKETS EQUITY ETF	ETF	0.44%	$638,000	23.3K
51	IJR ISHARES S&P SMALL-CAP FUND	ETF	0.44%	$636,000	7.6K
52	LAM RESEARCH CORP COM	Stock	0.44%	$631,000	2.2K
53	GLD SPDR GOLD SHARES	ETF	0.42%	$604,000	4.2K
54	POWR ISHARES MSCI GLOBAL ENERGY PRODUCERS ETF	ETF	0.41%	$594,000	31.4K
55	HYMB SPDR NUVEEN BLOOMBERG BARCLAYS HIGH YIELD MUNICIPAL BOND ETF	ETF	0.40%	$579,000	9.8K
56	VTV VANGUARD VALUE INDEX FUND	ETF	0.39%	$556,000	4.6K
57	LULU LULULEMON ATHLETICA INC COM	Stock	0.38%	$553,000	2.4K
58	SCHP SCHWAB U.S. TIPS ETF	ETF	0.38%	$552,000	9.8K
59	HD HOME DEPOT INC COM	Stock	0.38%	$549,000	2.5K
60	SCHD SCHWAB US DIVIDEND EQUITY ETF	ETF	0.35%	$507,000	8.8K
61	AMZN AMAZON COM INC COM	Stock	0.35%	$504,000	273
62	DTD WISDOMTREE U.S. TOTAL DIVIDEND FUND	ETF	0.34%	$484,000	4.6K
63	VIG VANGUARD DIVIDEND APPRECIATION INDEX FUND	ETF	0.33%	$478,000	3.8K
64	QCOM QUALCOMM INC COM	Stock	0.32%	$457,000	5.2K
65	TIP ISHARES TIPS BOND ETF	ETF	0.32%	$454,000	3.9K
66	IEFA ISHARES CORE MSCI EAFE ETF	ETF	0.31%	$450,000	6.9K
67	INVESCO S&P 500 LOW VOLATILITY ETF	ETF	0.31%	$439,000	7.5K
68	SCHC SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF	ETF	0.30%	$433,000	12.5K
69	VHT VANGUARD HEALTH CARE INDEX FUND	ETF	0.29%	$421,000	2.2K
70	EFA ISHARES MSCI EAFE ETF	ETF	0.29%	$413,000	6.0K
71	SPY SPDR S&P 500 ETF	ETF	0.29%	$412,000	1.3K
72	FLOT ISHARES FLOATING RATE BOND ETF	ETF	0.28%	$399,000	7.8K
73	ICF ISHARES COHEN & STEERS REIT ETF	ETF	0.27%	$383,000	3.3K
74	IVE ISHARES S&P 500 VALUE ETF	ETF	0.25%	$353,000	2.7K
75	GHY PGIM GLOBAL HIGH YIELD FD INC COM	CEF	0.24%	$340,000	22.6K
76	HYS PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX EXCHANGE-TRADED FUND	ETF	0.20%	$291,000	2.9K
77	CVX CHEVRON CORP NEW COM	Stock	0.19%	$279,000	2.3K
78	IJH ISHARES S&P MIDCAP FUND	ETF	0.19%	$275,000	1.3K
79	IWM ISHARES RUSSELL 2000 ETF	ETF	0.19%	$275,000	1.7K
80	NFLX NETFLIX INC COM	Stock	0.19%	$271,000	839
81	BND VANGUARD TOTAL BOND MARKET INDEX FUND	ETF	0.18%	$260,000	3.1K
82	AVGO BROADCOM INC COM	Stock	0.18%	$258,000	816
83	IGOV ISHARES S&P/CITIGROUP INTERNATIONAL TREASURY BOND FUND EX-US	ETF	0.16%	$237,000	4.7K
84	SJNK SPDR BLOOMBERG BARCLAYS SHORT TERM HIGH YIELD BOND ETF	ETF	0.16%	$234,000	8.7K
85	PWZ INVESCO CALIFORNIA AMT-FREE MUNICIPAL BOND ETF	ETF	0.16%	$229,000	8.4K
86	SBUX STARBUCKS CORP COM	Stock	0.16%	$228,000	2.6K
87	AMGN AMGEN INC COM	Stock	0.16%	$228,000	946
88	PG PROCTER & GAMBLE CO COM	Stock	0.15%	$222,000	1.8K
89	SPDR PORTFOLIO TOTAL STOCK MARKET ETF	ETF	0.15%	$219,000	5.5K
90	SPDR GOLD MINISHARES TRUST	ETF	0.14%	$207,000	13.7K
91	DVY ISHARES SELECT DIVIDEND ETF	ETF	0.14%	$206,000	2.0K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q2 2026	$432M	179	Jul 13, 2026	13F-HR	changes · EDGAR ↗
Q1 2026	$386M	177	Apr 16, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$388M	174	Feb 6, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$373M	167	Oct 27, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$339M	162	Jul 16, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$306M	155	May 5, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$310M	152	Jan 29, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$302M	148	Oct 16, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$280M	140	Jul 22, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$272M	139	Apr 17, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$263M	142	Feb 1, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$239M	136	Oct 25, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$249M	139	Jul 19, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$235M	138	Apr 18, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	$220M	134	Feb 6, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$209M	130	Nov 7, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$208M	112	Jul 18, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$236M	125	Apr 29, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$240M	123	Jan 31, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$218M	120	Nov 2, 2021	13F-HR	changes · EDGAR ↗
Q2 2021	$213M	118	Aug 2, 2021	13F-HR	changes · EDGAR ↗
Q1 2021	$189M	106	Apr 21, 2021	13F-HR	changes · EDGAR ↗
Q4 2020	$175M	104	Jan 20, 2021	13F-HR	changes · EDGAR ↗
Q3 2020	$160M	99	Oct 21, 2020	13F-HR	changes · EDGAR ↗
Q2 2020	$148M	98	Jul 28, 2020	13F-HR	changes · EDGAR ↗
Q1 2020	$124M	90	Apr 22, 2020	13F-HR	changes · EDGAR ↗
Q4 2019	$144M	92	Jan 16, 2020	13F-HR	changes · EDGAR ↗
Q3 2019	$134M	87	Oct 22, 2019	13F-HR	changes · EDGAR ↗
Q2 2019	$130M	88	Jul 16, 2019	13F-HR	changes · EDGAR ↗
Q1 2019	$125M	87	Apr 16, 2019	13F-HR	changes · EDGAR ↗
Q4 2018	$116M	87	Jan 30, 2019	13F-HR	changes · 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 ↗.