SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Gradient Capital Advisors, LLC

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

Reported Value
$339M
Q2 2025
Positions
162
Filings on Record
31
2019–present window
Filed
Jul 16, 2025
original filing

Summary

Gradient Capital Advisors, LLC reported $339M in U.S.-listed holdings across 162 positions for Q2 2025.

Its largest position, Ishares Core S P 500 Etf, represents 9.6% of the portfolio.

Compared with Q1 2025, the fund opened 11 new positions and exited 4.

Portfolio Metrics

Turnover
+1.9%
vs prior filed quarter
Top-10 Concentration
+37.2%
share of reported value
Largest Position
+9.6%
Ishares Core S P 500 Etf
New / Exited
11 / 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: $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: 74.7%Common Stock: 24.2%REIT: 0.5%ADR: 0.4%Other: 0.1%Other: 0.1%
  • ETP · 74.7% · $253M
  • Common Stock · 24.2% · $82M
  • REIT · 0.5% · $2M
  • ADR · 0.4% · $1M
  • Other · 0.1% · $364,347
  • Other · 0.1% · $345,495

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES SHORT DURATION HIGH YIELD MUNI ACTIVE ETFNEW+34.6K34.6K+$772,707$772,707
DIMENSIONAL CALIFORNIA MUNICIPAL BOND ETFNEW+5.4K5.4K+$265,422$265,422
GSGOLDMAN SACHS GROUP INC COMNEW+328328+$232,142$232,142
OFIXORTHOFIX MED INC COMNEW+20.0K20.0K+$223,000$223,000
ORCLORACLE CORP COMNEW+1.0K1.0K+$220,379$220,379
AXPAMERICAN EXPRESS CO COMNEW+688688+$219,454$219,454
ISRGINTUITIVE SURGICAL INC COM NEWNEW+397397+$215,734$215,734
SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUSTNEW+463463+$204,021$204,021

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

Holdings — Q2 2025

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES CORE S&P 500 ETFETF9.58%$32M52.2K
2AAPLAPPLE INC COMhistory →Stock4.48%$15M74.0K
3SPDR PORTFOLIO DEVELOPED WORLD EX-US ETFETF4.03%$14M336.6K
4VANGUARD SHORT-TERM CORPORATE BOND ETFETF3.44%$12M146.3K
5SCHWAB INTERNATIONAL EQUITY ETFETF3.05%$10M466.5K
6DFSDDIMENSIONAL SHORT-DURATION FIXED INCOME ETFhistory →ETF2.90%$10M204.2K
7SCHWAB U.S. MID-CAP ETFETF2.73%$9M329.6K
8VANGUARD LARGE-CAP ETFETF2.66%$9M31.6K
9DIMENSIONAL U.S. TARGETED VALUE ETFETF2.24%$8M140.4K
10MSFTMICROSOFT CORP COMhistory →Stock2.12%$7M14.4K
11VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETFETF2.08%$7M140.1K
12JPMJPMORGAN CHASE & CO. COMhistory →Stock2.08%$7M24.3K
13SCHWAB U.S. LARGE-CAP ETFETF2.04%$7M282.4K
14DIMENSIONAL EMERGING MARKETS CORE EQUITY 2 ETFETF2.02%$7M230.5K
15JPMORGAN ULTRA-SHORT INCOME ETFETF1.85%$6M123.6K
16VANGUARD FTSE DEVELOPED MARKETS ETFETF1.81%$6M107.7K
17DFUVDIMENSIONAL US MARKETWIDE VALUE ETFhistory →ETF1.67%$6M133.6K
18TSLATESLA INC COMhistory →Stock1.67%$6M17.7K
19DFSVDIMENSIONAL US SMALL CAP VALUE ETFhistory →ETF1.50%$5M172.4K
20DFARDIMENSIONAL US REAL ESTATE ETFhistory →ETF1.37%$5M197.7K
21METAMETA PLATFORMS INC CL Ahistory →Stock1.36%$5M6.2K
22BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEWhistory →Stock1.35%$5M9.4K
23VANGUARD S&P 500 ETFETF1.34%$5M8.0K
24NVDANVIDIA CORPORATION COMhistory →Stock1.29%$4M27.7K
25VANGUARD TOTAL INTERNATIONAL STOCK ETFETF1.27%$4M62.4K
26VANGUARD MID-CAP ETFETF1.25%$4M15.1K
27VUGVANGUARD GROWTH ETFhistory →ETF1.24%$4M9.6K
28DFAXDIMENSIONAL WORLD EX U.S. CORE EQUITY 2 ETFhistory →ETF1.16%$4M133.7K
29GOOGLALPHABET INC CAP STK CL Ahistory →Stock1.16%$4M22.2K
30ISHARES 1-5 YEAR INVESTMENT GRADE CORPORATE BOND ETFETF1.13%$4M72.7K
31SCHWAB US DIVIDEND EQUITY ETFETF1.11%$4M142.1K
32VANGUARD GLOBAL EX-U.S. REAL ESTATE ETFETF1.06%$4M78.0K
33AVGOBROADCOM INC COMhistory →Stock1.03%$4M12.7K
34VANGUARD SMALL-CAP ETFETF0.94%$3M13.5K
35DIMENSIONAL US LARGE CAP VALUE ETFETF0.92%$3M100.8K
36DISVDIMENSIONAL INTERNATIONAL SMALL CAP VALUE ETFETF0.91%$3M93.2K
37GQ9SPDR GOLD SHARESETF0.89%$3M9.8K
38SPDR BLOOMBERG 3-12 MONTH T-BILL ETFETF0.77%$3M26.4K
39VANGUARD SMALL CAP VALUE ETFETF0.68%$2M11.7K
40LRCXLAM RESEARCH CORP COM NEWStock0.64%$2M22.4K
41AMZNAMAZON COM INC COMStock0.63%$2M9.8K
42DIMENSIONAL EMERGING CORE EQUITY MARKET ETFETF0.61%$2M71.7K
43SPDR GOLD MINISHARES TRUST OF BENEFICIAL INTERESTETF0.58%$2M30.0K
44VTVVANGUARD VALUE ETFETF0.58%$2M11.1K
45SCHWAB U.S. BROAD MARKET ETFETF0.55%$2M78.4K
46AVANTIS INTERNATIONAL SMALL CAP VALUE ETFETF0.54%$2M23.1K
47WPCWP CAREY INC COMREIT0.53%$2M28.6K
48CSCOCISCO SYS INC COMStock0.47%$2M22.8K
49VANGUARD REAL ESTATE ETFETF0.45%$2M17.3K
50VANGUARD FTSE ALL-WORLD EX-US INDEX FUNDETF0.41%$1M20.6K

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 ↗.