SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Spurstone Advisory Services, LLC

CIK 0002056079 · 12 SCOVIL RD, HIGGANUM, CT, 06441 · 860-264-1111

Reported Value
$5M
Q1 2025
Positions
104
Filings on Record
6
2025–present window
Filed
May 12, 2025
original filing

Summary

Spurstone Advisory Services, LLC reported $5M in U.S.-listed holdings across 104 positions for Q1 2025.

The portfolio is heavily concentrated: AAPL alone accounts for 22.4% of reported value.

Compared with Q4 2024, the fund opened 35 new positions and exited 7.

Portfolio Metrics

Turnover
+21.7%
vs prior filed quarter
Top-10 Concentration
+73.5%
share of reported value
Largest Position
+22.4%
Apple
New / Exited
35 / 7
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
Q4 ’24: $5MQ4 ’24Q1 ’25: $5MQ1 ’25Q2 ’25: $7MQ2 ’25Q3 ’25: $7MQ3 ’25Q4 ’25: $6MQ4 ’25Q1 ’26: $6MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 83.5%ETP: 16.4%ADR: 0.0%
  • Common Stock · 83.5% · $4M
  • ETP · 16.4% · $843,645
  • ADR · 0.0% · $2,466

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RTXRTX CorpNEW+2.5K2.5K+$334,329$334,329
TTTrane Technologies PLCNEW+290290+$97,706$97,706
UNHUnitedHealth Group INCNEW+150150+$78,562$78,562
IVViShares Core S&P 500 ETFNEW+9797+$54,504$54,504
SCHFSchwab International Equity ETFNEW+1.6K1.6K+$31,173$31,173
TSLATesla IncNEW+9090+$23,324$23,324
IJHiShares Core S&P Mid-Cap ETFNEW+345345+$20,130$20,130
TLTiShares 20 Year Treasury Bond ETFNEW+174174+$15,839$15,839

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

Holdings — Q1 2025

104 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Inchistory →Common / Ordinary Stock22.41%$1M5.2K
2EXMOCExxon Mobil Corphistory →Common / Ordinary Stock7.86%$404,1243.4K
3UPSUnited Parcel Service Inchistory →Common / Ordinary Stock7.79%$400,5833.6K
4CVXChevron CORPhistory →Common / Ordinary Stock6.58%$337,9252.0K
5RTXRTX Corphistory →Common / Ordinary Stock6.51%$334,3292.5K
6SPYSPDR S&P 500 ETF Trusthistory →Exchange Traded Fund6.24%$320,530573
7FTNTFortinet Inchistory →Common / Ordinary Stock4.68%$240,6502.5K
8IWMiShares Russell 2000 ETFhistory →Exchange Traded Fund4.39%$225,8221.1K
9PFEPfizer Inchistory →Common / Ordinary Stock3.95%$202,7968.0K
10TRVTravelers Cos Inc/Thehistory →Common / Ordinary Stock3.07%$157,618596
11IBMInternational Business Machines Corphistory →Common / Ordinary Stock2.66%$136,763550
12CRWDCrowdstrike Holdings Inchistory →Common / Ordinary Stock2.53%$130,102369
13TTTrane Technologies PLChistory →Common / Ordinary Stock1.90%$97,706290
14UNHUnitedHealth Group INChistory →Common / Ordinary Stock1.53%$78,562150
15WBSWebster Financial Corphistory →Common / Ordinary Stock1.11%$56,9111.1K
16VTEBVanguard Tax-Exempt Bond Index ETFhistory →Exchange Traded Fund1.08%$55,7231.1K
17IVViShares Core S&P 500 ETFhistory →Exchange Traded Fund1.06%$54,50497
18QCOMQualcomm INCCommon / Ordinary Stock0.91%$47,004306
19SWBISmith & Wesson Brands IncCommon / Ordinary Stock0.85%$43,8044.7K
20HDHome Depot Inc/TheCommon / Ordinary Stock0.82%$42,146115
21RCLRoyal Caribbean Cruises LtdCommon / Ordinary Stock0.80%$41,088200
22HIGHartford Insurance Group Inc/TheCommon / Ordinary Stock0.72%$37,119300
23MRKMerck & Co IncCommon / Ordinary Stock0.65%$33,570374
24BACBank of America CorpCommon / Ordinary Stock0.63%$32,549780
25SCHFSchwab International Equity ETFExchange Traded Fund0.61%$31,1731.6K
26FFord Motor CoCommon / Ordinary Stock0.60%$30,5913.0K
27SSentinelOne IncCommon / Ordinary Stock0.46%$23,6341.3K
28LYFTLyft IncCommon / Ordinary Stock0.46%$23,4432.0K
29TSLATesla IncCommon / Ordinary Stock0.45%$23,32490
30SOSouthern Co/TheCommon / Ordinary Stock0.44%$22,435244
31United States Steel CorpCommon / Ordinary Stock0.41%$21,130500
32IJHiShares Core S&P Mid-Cap ETFExchange Traded Fund0.39%$20,130345
33XELXcel Energy IncCommon / Ordinary Stock0.32%$16,494233
34TLTiShares 20 Year Treasury Bond ETFExchange Traded Fund0.31%$15,839174
35AEPAmerican Electric Power Co IncCommon / Ordinary Stock0.29%$15,079138
36AOUTAmerican Outdoor Brands IncCommon / Ordinary Stock0.28%$14,2881.2K
37CFGCitizens Financial Group IncCommon / Ordinary Stock0.24%$12,291300
38INTCIntel CorpCommon / Ordinary Stock0.24%$12,172536
39RSPInvesco S&P 500 Equal Weight ETFExchange Traded Fund0.24%$12,12670
40MOAltria Group IncCommon / Ordinary Stock0.23%$12,004200
41VWOVanguard FTSE Emerging Markets ETFExchange Traded Fund0.22%$11,133246
42IJRiShares Core S&P Small-Cap ETFExchange Traded Fund0.21%$10,979105
43DFACDimensional US Core Equity 2 ETFExchange Traded Fund0.16%$8,313252
44QSQuantumscape CORPCommon / Ordinary Stock0.16%$8,1121.9K
45VTRSViatris IncCommon / Ordinary Stock0.15%$7,934911
46SWKStanley Black & Decker IncCommon / Ordinary Stock0.15%$7,688100
47KOCoca-Cola Co/TheCommon / Ordinary Stock0.14%$7,376103
48VLUEiShares MSCI USA Value Factor ETFExchange Traded Fund0.14%$7,35869
49VZVerizon Communications IncCommon / Ordinary Stock0.14%$7,302161
50EZUiShares MSCI Eurozone ETFExchange Traded Fund0.13%$6,709126
51DFAUDimensional US Core Equity Market ETFExchange Traded Fund0.12%$6,227162
52CRCrane CoCommon / Ordinary Stock0.12%$6,12740
53DFAXDimensional World EX US Core Equity 2 ETFExchange Traded Fund0.10%$4,951189
54MUBiShares National Muni Bond ETFExchange Traded Fund0.09%$4,85046
55DFUSDimensional US Equity Market ETFExchange Traded Fund0.08%$4,23370
56DFAIDimensional International Core Equity Market ETFExchange Traded Fund0.08%$4,184134
57DUHPDimensional US High Profitability ETFExchange Traded Fund0.08%$4,043122
58GSGoldman Sachs Group Inc/TheCommon / Ordinary Stock0.07%$3,8247
59KDKyndryl Holdings IncCommon / Ordinary Stock0.07%$3,768120
60VTVVanguard Value ETFExchange Traded Fund0.06%$3,28219
61PSXPhillips 66Common / Ordinary Stock0.06%$3,08725
62SCHGSchwab U.S. Large-Cap Growth ETFExchange Traded Fund0.05%$2,804112
63IEFAiShares Core MSCI EAFE ETFExchange Traded Fund0.05%$2,57234
64SPYGSPDR S&P 500 Growth ETFExchange Traded Fund0.05%$2,49131
65DFAEDimensional Emerging Core Equity Market ETFExchange Traded Fund0.05%$2,48596
66BPBP PLCAmerican Depository Receipts ADR0.05%$2,46673
67CXTCrane NXT CoCommon / Ordinary Stock0.04%$2,05640
68SPDR Portfolio S&P 500 Value ETFExchange Traded Fund0.04%$2,04240
69DIHPDimensional International High Profitability ETFExchange Traded Fund0.04%$1,80467
70VUGVanguard Growth ETFExchange Traded Fund0.03%$1,4834
71IWRiShares Russell Mid-Cap ETFExchange Traded Fund0.03%$1,44617
72DONWisdomTree US MidCap Dividend FundExchange Traded Fund0.03%$1,28726
73XERSXeris Biopharma Holdings IncCommon / Ordinary Stock0.02%$1,098200
74HYMBSPDR Nuveen S&P High Yield Municipal Bond ETFExchange Traded Fund0.02%$1,00840
75IEIiShares 3-7 Year Treasury Bond ETFExchange Traded Fund0.02%$9458
76MDYGSPDR S&P 400 Mid CapGrowth ETFExchange Traded Fund0.01%$7159
77SPTSSPDR Portfolio Short Term Treasury ETFExchange Traded Fund0.01%$70124
78ILTBiShares Core 10 Year USD Bond ETFExchange Traded Fund0.01%$70014
79HYDVanEck High Yield Muni ETFExchange Traded Fund0.01%$66513
80JPSTJPMorgan Ultra-Short Income ETFExchange Traded Fund0.01%$65813
81Avantis Core Fixed Income ETFExchange Traded Fund0.01%$62015
82VBRVanguard Small-Cap Value ETFExchange Traded Fund0.01%$5583
83USFRWisdomTree Floating Rate Treasury FundExchange Traded Fund0.01%$55311
84OGNOrganon & CoCommon / Ordinary Stock0.01%$55037
85IEMGiShares Core MSCI Emerging Markets ETFExchange Traded Fund0.01%$53910
86FIXDFirst Trust TCW Opportunistic Fixed Income ETFExchange Traded Fund0.01%$52612
87Avantis U.S. Small Cap Value ETFExchange Traded Fund0.01%$5236
88VBKVanguard Small-Cap Growth ETFExchange Traded Fund0.01%$5032
89VEAVanguard FTSE Developed Markets ETFExchange Traded Fund0.01%$4579
90AGGYWisdomTree Yield Enhanced US Aggregate Bond FundExchange Traded Fund0.01%$43410
91LMBSFirst Trust Low Duration Opportunities ETFExchange Traded Fund0.01%$3938
92Eldridge BBB-B CLO ETFExchange Traded Fund0.01%$37114
93SLYGSPDR S&P 600 Small Cap Growth ETFExchange Traded Fund0.01%$3324
94Eldridge AAA CLO ETFExchange Traded Fund0.01%$33113
95HOGHarley-Davidson IncCommon / Ordinary Stock0.01%$27711
96EMBiShares J.P. Morgan USD Emerging Markets Bond ETFExchange Traded Fund0.01%$2713
97EMLCVanEck J. P. Morgan EM Local Currency Bond ETFExchange Traded Fund0.01%$26211
98FT Vest S&P 500 Dividend Aristocrats Target Income ETFExchange Traded Fund0.00%$2024
99EBNDSPDR Bloomberg Emerging Markets Local Bond ETFExchange Traded Fund0.00%$20010
100VWOBVanguard Emerging Markets Government Bond ETFExchange Traded Fund0.00%$1923

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$6M76Apr 28, 202613F-HRchanges · EDGAR ↗
Q4 2025$6M97Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$7M115Nov 6, 202513F-HRchanges · EDGAR ↗
Q2 2025$7M156Aug 6, 202513F-HRchanges · EDGAR ↗
Q1 2025$5M104May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$5M76Feb 14, 202513F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • SEI INVESTMENTS CO028-16454

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 ↗.