Managers / Q4 2025 · view latest →

Gradient Capital Advisors, LLC

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

Reported Value

$388M

Q4 2025

Positions

174

Filings on Record

2019–present window

Filed

Feb 6, 2026

original filing

Summary

Gradient Capital Advisors, LLC reported $388M in U.S.-listed holdings across 174 positions for Q4 2025.

Its largest position, IVV, represents 9.2% of the portfolio.

Compared with Q3 2025, the fund opened 10 new positions and exited 3.

Portfolio Metrics

Turnover

+1.8%

vs prior filed quarter

Top-10 Concentration

+36.1%

share of reported value

Largest Position

+9.2%

Ishares Core S P 500 Etf

New / Exited

10 / 3

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 · 72.6% · $282M
Common Stock · 26.4% · $102M
REIT · 0.5% · $2M
ADR · 0.5% · $2M
Closed-End Fund · 0.1% · $317,928

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
SGOV ISHARES 0-3 MONTH TREASURY BOND ETF	NEW	+9.7K	9.7K	+$968,928	$968,928
NEM NEWMONT CORP COM	NEW	+4.0K	4.0K	+$397,802	$397,802
DGCB DIMENSIONAL GLOBAL CREDIT ETF	NEW	+5.0K	5.0K	+$269,073	$269,073
CFG CITIZENS FINL GROUP INC COM	NEW	+4.6K	4.6K	+$267,226	$267,226
LLY ELI LILLY & CO COM	NEW	+238	238	+$255,774	$255,774
ISRG INTUITIVE SURGICAL INC COM NEW	NEW	+425	425	+$240,703	$240,703
FT VEST LADDERED BUFFER ETF	NEW	+6.4K	6.4K	+$218,647	$218,647
DFAU DIMENSIONAL US CORE EQUITY MARKET ETF	NEW	+4.6K	4.6K	+$216,263	$216,263

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

Holdings — Q4 2025

173 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	IVV ISHARES CORE S&P 500 ETF history →	ETF	9.20%	$36M	52.1K
2	AAPL APPLE INC COM history →	Stock	5.10%	$20M	72.8K
3	SPDW SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF history →	ETF	3.69%	$14M	322.0K
4	VCSH VANGUARD SHORT-TERM CORPORATE BOND ETF history →	ETF	3.53%	$14M	171.9K
5	SCHF SCHWAB INTERNATIONAL EQUITY ETF history →	ETF	2.78%	$11M	448.3K
6	DFSD DIMENSIONAL SHORT-DURATION FIXED INCOME ETF history →	ETF	2.77%	$11M	224.5K
7	SCHM SCHWAB U.S. MID-CAP ETF history →	ETF	2.45%	$10M	316.0K
8	DFGP DIMENSIONAL GLOBAL CORE PLUS FIXED INCOME ETF history →	ETF	2.29%	$9M	164.3K
9	GOOGL ALPHABET INC CAP STK CL A	Stock	2.17%	$8M	26.9K
10	DFAT DIMENSIONAL U.S. TARGETED VALUE ETF history →	ETF	2.16%	$8M	140.6K
11	VV VANGUARD LARGE-CAP ETF history →	ETF	2.05%	$8M	25.3K
12	DFEM DIMENSIONAL EMERGING MARKETS CORE EQUITY 2 ETF history →	ETF	1.96%	$8M	230.3K
13	VTIP VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF history →	ETF	1.96%	$8M	153.4K
14	JPM JPMORGAN CHASE & CO COM history →	Stock	1.92%	$7M	23.1K
15	SCHX SCHWAB U.S. LARGE-CAP ETF history →	ETF	1.84%	$7M	265.9K
16	VEA VANGUARD FTSE DEVELOPED MARKETS ETF history →	ETF	1.82%	$7M	113.2K
17	MSFT MICROSOFT CORP COM history →	Stock	1.80%	$7M	14.5K
18	TSLA TESLA INC COM history →	Stock	1.77%	$7M	15.2K
19	DFSV DIMENSIONAL US SMALL CAP VALUE ETF history →	ETF	1.68%	$7M	197.6K
20	NVDA NVIDIA CORPORATION COM history →	Stock	1.57%	$6M	32.6K
21	DFUV DIMENSIONAL US MARKETWIDE VALUE ETF history →	ETF	1.57%	$6M	130.4K
22	JPST JPMORGAN ULTRA-SHORT INCOME ETF history →	ETF	1.45%	$6M	111.3K
23	BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW history →	Stock	1.23%	$5M	9.5K
24	DFAR DIMENSIONAL US REAL ESTATE ETF history →	ETF	1.22%	$5M	206.0K
25	DFAX DIMENSIONAL WORLD EX U.S. CORE EQUITY 2 ETF history →	ETF	1.20%	$5M	142.6K
26	IGSB ISHARES 1-5 YEAR INVESTMENT GRADE CORPORATE BOND ETF history →	ETF	1.17%	$5M	85.8K
27	VOO VANGUARD S&P 500 ETF history →	ETF	1.15%	$4M	7.1K
28	META META PLATFORMS INC CL A history →	Stock	1.14%	$4M	6.7K
29	VXUS VANGUARD TOTAL INTERNATIONAL STOCK ETF history →	ETF	1.14%	$4M	58.4K
30	VUG VANGUARD GROWTH ETF history →	ETF	1.10%	$4M	8.8K
31	VO VANGUARD MID-CAP ETF history →	ETF	1.09%	$4M	14.6K
32	DFLV DIMENSIONAL US LARGE CAP VALUE ETF history →	ETF	1.09%	$4M	123.1K
33	SCHD SCHWAB US DIVIDEND EQUITY ETF history →	ETF	1.02%	$4M	143.7K
34	AVGO BROADCOM INC COM history →	Stock	1.01%	$4M	11.3K
35	VNQI VANGUARD GLOBAL EX-U.S. REAL ESTATE ETF	ETF	0.96%	$4M	81.4K
36	GLD SPDR GOLD SHARES	ETF	0.95%	$4M	9.3K
37	LRCX LAM RESEARCH CORP COM NEW	Stock	0.94%	$4M	21.4K
38	DISV DIMENSIONAL INTERNATIONAL SMALL CAP VALUE ETF	ETF	0.94%	$4M	95.6K
39	VB VANGUARD SMALL-CAP ETF	ETF	0.87%	$3M	13.0K
40	BILS STATE STREET SPDR BLOOMBERG 3-12 MONTH T-BILL ETF	ETF	0.74%	$3M	28.8K
41	VBR VANGUARD SMALL CAP VALUE ETF	ETF	0.62%	$2M	11.3K
42	GLDM SPDR GOLD MINISHARES TRUST OF BENEFICIAL INTEREST	ETF	0.61%	$2M	27.8K
43	AMZN AMAZON COM INC COM	Stock	0.60%	$2M	10.0K
44	VTV VANGUARD VALUE ETF	ETF	0.54%	$2M	11.0K
45	AVDV AVANTIS INTERNATIONAL SMALL CAP VALUE ETF	ETF	0.53%	$2M	22.0K
46	DFAE DIMENSIONAL EMERGING CORE EQUITY MARKET ETF	ETF	0.52%	$2M	62.2K
47	CSCO CISCO SYS INC COM	Stock	0.49%	$2M	24.7K
48	SCHB SCHWAB U.S. BROAD MARKET ETF	ETF	0.47%	$2M	69.2K
49	WPC WP CAREY INC COM	REIT	0.46%	$2M	28.0K
50	TSM TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	ADR	0.46%	$2M	5.9K
51	VNQ VANGUARD REAL ESTATE ETF	ETF	0.44%	$2M	19.4K
52	SLV ISHARES SILVER TRUST	ETF	0.41%	$2M	24.7K
53	VEU VANGUARD FTSE ALL-WORLD EX-US INDEX FUND	ETF	0.41%	$2M	21.4K
54	BNY BANK NEW YORK MELLON CORP COM	Stock	0.40%	$2M	13.3K
55	AVMC AVANTIS U.S. MID CAP EQUITY ETF	ETF	0.37%	$1M	20.1K
56	CVX CHEVRON CORPORATION COM	Stock	0.36%	$1M	9.3K
57	IWM ISHARES RUSSELL 2000 ETF	ETF	0.36%	$1M	5.7K
58	VTI VANGUARD TOTAL STOCK MARKET ETF	ETF	0.35%	$1M	4.1K
59	AVANTIS U.S. SMALL CAP VALUE ETF	ETF	0.34%	$1M	13.1K
60	SCHA SCHWAB U.S. SMALL-CAP ETF	ETF	0.33%	$1M	45.5K
61	SCHV SCHWAB U.S. LARGE-CAP VALUE ETF	ETF	0.32%	$1M	42.5K
62	VIG VANGUARD DIVIDEND APPRECIATION ETF	ETF	0.31%	$1M	5.5K
63	BAC BANK AMERICA CORP COM	Stock	0.31%	$1M	21.6K
64	AMD ADVANCED MICRO DEVICES INC COM	Stock	0.30%	$1M	5.5K
65	JNJ JOHNSON & JOHNSON COM	Stock	0.29%	$1M	5.4K
66	QCOM QUALCOMM INC COM	Stock	0.29%	$1M	6.5K
67	FEZ SPDR EURO STOXX 50 ETF	ETF	0.27%	$1M	16.0K
68	AMGN AMGEN INC COM	Stock	0.26%	$1M	3.1K
69	DFAC DIMENSIONAL U.S. CORE EQUITY 2 ETF	ETF	0.25%	$981,965	24.8K
70	SGOV ISHARES 0-3 MONTH TREASURY BOND ETF	ETF	0.25%	$968,928	9.7K
71	V VISA INC COM CL A	Stock	0.24%	$922,075	2.6K
72	QQQ INVESCO QQQ TRUST SERIES I	ETF	0.24%	$919,840	1.5K
73	INTU INTUIT COM	Stock	0.23%	$878,638	1.3K
74	SCHH SCHWAB U.S. REIT ETF	ETF	0.22%	$872,722	41.8K
75	IBDX ISHARES IBONDS DEC 2032 TERM CORPORATE ETF	ETF	0.22%	$863,534	33.8K
76	IBDW ISHARES IBONDS DEC 2031 TERM CORPORATE ETF	ETF	0.22%	$862,941	40.8K
77	XLP STATE STREET CONSUMER STAPLES SELECT SECTOR SPDR ETF	ETF	0.22%	$858,594	11.1K
78	BSV VANGUARD SHORT-TERM BOND ETF	ETF	0.22%	$840,572	10.7K
79	LMT LOCKHEED MARTIN CORP COM	Stock	0.22%	$834,577	1.7K
80	HD HOME DEPOT INC COM	Stock	0.21%	$812,856	2.4K
81	COST COSTCO WHOLESALE CORPORATION COM	Stock	0.21%	$810,104	939
82	VHT VANGUARD HEALTH CARE ETF	ETF	0.20%	$793,229	2.8K
83	DFIC DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF	ETF	0.20%	$791,271	23.0K
84	VYM VANGUARD HIGH DIVIDEND YIELD INDEX ETF	ETF	0.20%	$771,751	5.4K
85	IJR ISHARES CORE S&P SMALL CAP ETF	ETF	0.20%	$760,553	6.3K
86	VWO VANGUARD FTSE EMERGING MARKETS ETF	ETF	0.19%	$724,668	13.5K
87	SCHZ SCHWAB US AGGREGATE BOND ETF	ETF	0.18%	$705,390	30.2K
88	BX BLACKSTONE INC COM	Stock	0.17%	$676,675	4.4K
89	IBDV ISHARES IBONDS DEC 2030 TERM CORPORATE ETF	ETF	0.17%	$662,078	30.0K
90	IVW ISHARES S&P 500 GROWTH ETF	ETF	0.17%	$659,688	5.4K
91	SPY STATE STR SPDR S&P 500 ETF TR TR UNIT	ETF	0.17%	$647,457	949
92	CAT CATERPILLAR INC COM	Stock	0.17%	$641,475	1.1K
93	NFLX NETFLIX INC. COM	Stock	0.16%	$616,941	6.6K
94	DFAI DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF	ETF	0.15%	$601,033	15.8K
95	IBM INTERNATIONAL BUSINESS MACHS COM	Stock	0.15%	$596,742	2.0K
96	SPSB STATE STREET SPDR PORTFOLIO SHORT TERM CORPORATE BOND ETF	ETF	0.15%	$586,621	19.4K
97	IEFA ISHARES CORE MSCI EAFE ETF	ETF	0.15%	$585,507	6.5K
98	WFC WELLS FARGO & CO COM	Stock	0.14%	$560,664	6.0K
99	SCHP SCHWAB US TIPS ETF	ETF	0.14%	$548,422	20.7K
100	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF	ETF	0.14%	$544,338	4.9K

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 ↗.