SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Gradient Capital Advisors, LLC

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

Reported Value
$235M
Q1 2023
Positions
138
Filings on Record
31
2019–present window
Filed
Apr 18, 2023
original filing

Summary

Gradient Capital Advisors, LLC reported $235M in U.S.-listed holdings across 138 positions for Q1 2023.

Its largest position, Ishares Core S P 500 Etf, represents 9.9% of the portfolio.

Compared with Q4 2022, the fund opened 6 new positions and exited 1.

Portfolio Metrics

Turnover
+2.0%
vs prior filed quarter
Top-10 Concentration
+42.5%
share of reported value
Largest Position
+9.9%
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. 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: $116MQ4 ’18Q1 ’19: $125MQ2 ’19: $130MQ3 ’19: $134MQ4 ’19: $144MQ4 ’19Q1 ’20: $124MQ2 ’20: $148MQ3 ’20: $160MQ4 ’20: $175MQ4 ’20Q1 ’21: $189MQ2 ’21: $213MQ3 ’21: $218MQ4 ’21: $240MQ4 ’21Q1 ’22: $236MQ2 ’22: $208MQ3 ’22: $209MQ4 ’22: $220MQ4 ’22Q1 ’23: $235MQ2 ’23: $249MQ3 ’23: $239MQ4 ’23: $263MQ4 ’23Q1 ’24: $272MQ2 ’24: $280MQ3 ’24: $302MQ4 ’24: $310MQ4 ’24Q1 ’25: $306MQ2 ’25: $339MQ3 ’25: $373MQ4 ’25: $388MQ4 ’25Q1 ’26: $386MQ2 ’26: $432Mfilingsflow.com

Portfolio Composition

By security type
ETP: 75.0%Common Stock: 23.4%REIT: 1.2%Closed-End Fund: 0.2%Other: 0.1%
  • ETP · 75.0% · $176M
  • Common Stock · 23.4% · $55M
  • REIT · 1.2% · $3M
  • Closed-End Fund · 0.2% · $449,712
  • Other · 0.1% · $328,682

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES IBONDS DEC 2032 TERM CORPORATE ETFNEW+13.3K13.3K+$332,228$332,228
JPMORGAN INFLATION MANAGED BOND ETFNEW+4.6K4.6K+$218,733$218,733
FDXFEDEX CORP COMNEW+924924+$211,125$211,125
UPSUNITED PARCEL SERVICE INC CL BNEW+1.1K1.1K+$206,987$206,987
INVESCO CALIFORNIA AMT-FREE MUNICIPAL BOND ETFNEW+8.2K8.2K+$203,238$203,238
VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFNEW+3.3K3.3K+$203,072$203,072
JDJD.COM INC SPON ADR CL ASOLD OUT−4.0K0−$224,520$0
SPDR NUVEEN BLOOMBERG HIGH YIELD MUNICIPAL BOND ETFADDED+7.9K15.8K+$8,763$395,332

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

Holdings — Q1 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES CORE S&P 500 ETFETF9.92%$23M56.8K
2AAPLAPPLE INC COMhistory →Stock7.25%$17M103.4K
3SCHWAB INTERNATIONAL EQUITY ETFETF4.10%$10M277.2K
4SPDR PORTFOLIO DEVELOPED WORLD EX-US ETFETF3.57%$8M261.6K
5VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETFETF3.54%$8M174.1K
6JPMORGAN ULTRA-SHORT INCOME ETFETF3.26%$8M152.3K
7SCHWAB U.S. MID-CAP ETFETF2.72%$6M94.4K
8DIMENSIONAL U.S. TARGETED VALUE ETFETF2.72%$6M143.5K
9VANGUARD SHORT-TERM CORPORATE BOND ETFETF2.70%$6M83.3K
10VANGUARD S&P 500 ETFETF2.69%$6M16.8K
11TSLATESLA INC COMhistory →Stock2.54%$6M28.8K
12SCHWAB U.S. LARGE-CAP ETFETF2.48%$6M120.6K
13DFUVDIMENSIONAL US MARKETWIDE VALUE ETFhistory →ETF1.91%$4M134.3K
14VANGUARD FTSE DEVELOPED MARKETS ETFETF1.81%$4M94.4K
15MSFTMICROSOFT CORP COMhistory →Stock1.63%$4M13.3K
16VANGUARD LARGE-CAP ETFETF1.57%$4M19.8K
17VANGUARD TOTAL INTERNATIONAL STOCK ETFETF1.56%$4M66.3K
18DIMENSIONAL EMERGING MARKETS CORE EQUITY 2 ETFETF1.39%$3M138.7K
19JPMJPMORGAN CHASE & CO COMhistory →Stock1.37%$3M24.8K
20VANGUARD MID-CAP ETFETF1.37%$3M15.3K
21DFSDDIMENSIONAL SHORT-DURATION FIXED INCOME ETFhistory →ETF1.37%$3M69.2K
22DFARDIMENSIONAL US REAL ESTATE ETFhistory →ETF1.28%$3M140.0K
23VUGVANGUARD GROWTH ETFhistory →ETF1.24%$3M11.7K
24ISHARES 1-5 YEAR INVESTMENT GRADE CORPORATE BOND ETFETF1.22%$3M56.8K
25VANGUARD SMALL-CAP ETFETF1.18%$3M14.6K
26WPCWP CAREY INC COMhistory →REIT1.18%$3M35.8K
27VANGUARD GLOBAL EX-U.S. REAL ESTATE ETFETF1.07%$3M62.0K
28DFAXDIMENSIONAL WORLD EX U.S. CORE EQUITY 2 ETFETF0.86%$2M88.0K
29BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEWStock0.83%$2M6.3K
30SCHWAB US DIVIDEND EQUITY ETFETF0.81%$2M25.9K
31GOOGLALPHABET INC CAP STK CL AStock0.74%$2M16.7K
32VANGUARD SMALL CAP VALUE ETFETF0.65%$2M9.6K
33DISVDIMENSIONAL INTERNATIONAL SMALL CAP VALUE ETFETF0.64%$2M63.1K
34VANGUARD FTSE ALL-WORLD EX-US INDEX FUNDETF0.63%$1M27.8K
35DIMENSIONAL EMERGING CORE EQUITY MARKET ETFETF0.63%$1M64.1K
36VANGUARD REAL ESTATE ETFETF0.62%$1M17.7K
37CHVCHEVRON CORP NEW COMStock0.62%$1M8.9K
38VUSBVANGUARD ULTRA-SHORT BOND ETFETF0.60%$1M28.7K
39QCOMQUALCOMM INC COMStock0.59%$1M10.9K
40LRCXEURLAM RESEARCH CORP COMStock0.59%$1M2.6K
41JNJJOHNSON & JOHNSON COMStock0.55%$1M8.3K
42AVANTIS INTERNATIONAL SMALL CAP VALUE ETFETF0.54%$1M21.5K
43SCHWAB U.S. BROAD MARKET ETFETF0.52%$1M25.7K
44SPDR GOLD MINISHARES TRUSTETF0.52%$1M31.3K
45METAMETA PLATFORMS INC CL AStock0.52%$1M5.7K
46JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETFETF0.50%$1M23.1K
47SCHWAB U.S. LARGE-CAP VALUE ETFETF0.47%$1M16.9K
48SCHWAB U.S. REIT ETFETF0.47%$1M56.9K
49VANGUARD SHORT-TERM BOND ETFETF0.44%$1M13.6K
50SCHWAB US AGGREGATE BOND ETFETF0.44%$1M22.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$432M179Jul 13, 202613F-HRchanges · EDGAR ↗
Q1 2026$386M177Apr 16, 202613F-HRchanges · EDGAR ↗
Q4 2025$388M174Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$373M167Oct 27, 202513F-HRchanges · EDGAR ↗
Q2 2025$339M162Jul 16, 202513F-HRchanges · EDGAR ↗
Q1 2025$306M155May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$310M152Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$302M148Oct 16, 202413F-HRchanges · EDGAR ↗
Q2 2024$280M140Jul 22, 202413F-HRchanges · EDGAR ↗
Q1 2024$272M139Apr 17, 202413F-HRchanges · EDGAR ↗
Q4 2023$263M142Feb 1, 202413F-HRchanges · EDGAR ↗
Q3 2023$239M136Oct 25, 202313F-HRchanges · EDGAR ↗
Q2 2023$249M139Jul 19, 202313F-HRchanges · EDGAR ↗
Q1 2023$235M138Apr 18, 202313F-HRchanges · EDGAR ↗
Q4 2022$220M134Feb 6, 202313F-HRchanges · EDGAR ↗
Q3 2022$209M130Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$208M112Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$236M125Apr 29, 202213F-HRchanges · EDGAR ↗
Q4 2021$240M123Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$218M120Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$213M118Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$189M106Apr 21, 202113F-HRchanges · EDGAR ↗
Q4 2020$175M104Jan 20, 202113F-HRchanges · EDGAR ↗
Q3 2020$160M99Oct 21, 202013F-HRchanges · EDGAR ↗
Q2 2020$148M98Jul 28, 202013F-HRchanges · EDGAR ↗
Q1 2020$124M90Apr 22, 202013F-HRchanges · EDGAR ↗
Q4 2019$144M92Jan 16, 202013F-HRchanges · EDGAR ↗
Q3 2019$134M87Oct 22, 201913F-HRchanges · EDGAR ↗
Q2 2019$130M88Jul 16, 201913F-HRchanges · EDGAR ↗
Q1 2019$125M87Apr 16, 201913F-HRchanges · EDGAR ↗
Q4 2018$116M87Jan 30, 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 ↗.