Auxano Advisors, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Auxano Advisors, LLC reported 163 stock positions worth $428.3 million. Its top holding was Microsoft (MSFT) at 14.0% of the portfolio, followed by Apple (AAPL, 9.2%) and Amazon.com (AMZN, 8.4%). Compared with Q1 2025, it opened 8 new positions, sold out of 7, added to 61 and reduced 78. The biggest buy was Microsoft (MSFT, shares +2%) and the biggest sale Costco Wholesale (COST, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- BELLEVUE, WA
- CIK
- 0001811491
- Portfolio Value
- $428.3M (Q2 2025)
- SEC Filing
- 0001085146-25-004846 ↗ filed Aug 12, 2025
Holdings Value
Holdings 163 stocks · $428.3M
| MSFT Microsoft Corp. | 13.96% | 120,164 | $59.8M | Add +1.6% |
| AAPL Apple Inc. | 9.24% | 192,943 | $39.6M | Add +33.8% |
| AMZN Amazon.com Inc. | 8.43% | 164,497 | $36.1M | Reduce -0.1% |
| COST Costco Wholesale Corp. | 6.47% | 27,984 | $27.7M | Reduce -1.1% |
| PHYS Sprott Physical Gold Trust | 5.97% | 1,007,806 | $25.5M | Reduce -1.3% |
| QLTY GMO U.S. Quality ETF | 4.49% | 560,964 | $19.2M | Add +3.9% |
| IWB iShares Russell 1000 ETF | 4.25% | 53,663 | $18.2M | Reduce -0.6% |
| IWY iShares Russell Top 200 Grow | 3.28% | 56,940 | $14.0M | Add +2.9% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 2.52% | 211,534 | $10.8M | Add +42.3% |
| TSLA Tesla Inc. | 2.36% | 31,804 | $10.1M | Reduce -0.7% |
| RPG Invesco S&P 500 Pure Growth | 1.95% | 182,712 | $8.4M | Reduce -1.7% |
| AVUS Avantis U.S. Equity ETF | 1.63% | 69,239 | $7.0M | Reduce -4.0% |
| NVDA Nvidia Corp. | 1.49% | 40,497 | $6.4M | Add +1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.29% | 8,968 | $5.5M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 1.27% | 30,945 | $5.5M | Reduce -5.1% |
| SCHD Schwab US DVD Equity ETF | 1.14% | 183,765 | $4.9M | Add +0.6% |
| IVV iShares Core S&P 500 ETF | 1.13% | 7,760 | $4.8M | Add +0.0% |
| SGDM Sprott Gold Miners ETF | 1.03% | 97,727 | $4.4M | Reduce -5.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.97% | 23,611 | $4.2M | Reduce -0.0% |
| V Visa Inc. Class A | 0.80% | 9,621 | $3.4M | Reduce -5.0% |
| JPM JPMorgan Chase & Co. | 0.78% | 11,508 | $3.3M | Reduce -0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.68% | 5,962 | $2.9M | Reduce -3.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.67% | 41,262 | $2.8M | Add +4.8% |
| META Meta Platforms Inc. Class A | 0.66% | 3,814 | $2.8M | Reduce -1.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.65% | 22,548 | $2.8M | Reduce -4.5% |
| SBUX Starbucks Corp. | 0.62% | 28,963 | $2.7M | Add +3.6% |
| COOP Mr Cooper Group Inc. | 0.59% | 16,988 | $2.5M | Reduce -7.5% |
| JNJ Johnson & Johnson | 0.56% | 15,635 | $2.4M | Add +4.2% |
| HD Home Depot Inc. | 0.54% | 6,266 | $2.3M | Reduce -0.2% |
| ORCL Oracle Corp. | 0.49% | 9,514 | $2.1M | Reduce -19.8% |
| UL Unilever PLC | 0.46% | 32,414 | $2.0M | Reduce -3.3% |
| XLK SS Technology Select Sector | 0.43% | 7,285 | $1.8M | Add +0.0% |
| LLY Eli Lilly & Co. | 0.42% | 2,309 | $1.8M | Add +4.9% |
| JPST JPMorgan Ultra-Short Income | 0.42% | 35,123 | $1.8M | Add +4.5% |
| AIG American International Group | 0.40% | 19,793 | $1.7M | Reduce -6.3% |
| IEMG iShares Core MSCI Emerging | 0.39% | 27,698 | $1.7M | Add +0.6% |
| AVGO Broadcom Inc. | 0.38% | 5,928 | $1.6M | Add +1.8% |
| GOOG Alphabet Inc. Class C | 0.36% | 8,582 | $1.5M | Reduce -2.3% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.35% | 3,414 | $1.5M | No change |
| RTX RTX Corp. | 0.34% | 10,110 | $1.5M | Reduce -22.5% |
| XOM Exxon Mobil Corp. | 0.34% | 13,431 | $1.4M | Reduce -4.6% |
| ADBE Adobe Inc. | 0.34% | 3,733 | $1.4M | Reduce -10.6% |
| MDT Medtronic PLC | 0.34% | 16,548 | $1.4M | Add +5.0% |
| DFAU Dimensional US Core Equity M | 0.33% | 32,916 | $1.4M | Reduce -5.9% |
| RRX Regal Rexnord Corp. | 0.30% | 8,887 | $1.3M | Add +14.8% |
| RRR Red Rock Resorts Inc. Class A | 0.28% | 23,419 | $1.2M | Reduce -7.5% |
| PG The Procter & Gamble Co. | 0.27% | 7,315 | $1.2M | Add +10.8% |
| MRK Merck & Co. Inc. | 0.26% | 13,963 | $1.1M | Reduce -0.2% |
| IAU iShares Gold Trust | 0.25% | 17,265 | $1.1M | Reduce -2.1% |
| CSCO Cisco Systems Inc. | 0.25% | 15,500 | $1.1M | Reduce -1.1% |
| VXUS Vanguard Total Intl Stock | 0.24% | 15,026 | $1.0M | Add +0.7% |
| GD General Dynamics Corp. | 0.24% | 3,548 | $1.0M | Reduce -4.6% |
| CNC Centene Corp. | 0.24% | 18,992 | $1.0M | Reduce -1.6% |
| TMUS T-Mobile US Inc. | 0.24% | 4,257 | $1.0M | No change |
| ASML ASML Holding NV-NY Reg SHS | 0.24% | 1,262 | $1.0M | Add +0.9% |
| SHY iShares 1-3 Year Treasury Bo | 0.23% | 12,042 | $998K | Reduce -28.0% |
| CMPR Cimpress PLC | 0.23% | 21,111 | $992K | Add +27.3% |
| WCC Wesco International Inc. | 0.23% | 5,355 | $992K | Reduce -7.1% |
| PI Impinj Inc. | 0.23% | 8,811 | $979K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.23% | 3,319 | $978K | Reduce -1.4% |
| ABT Abbott Laboratories | 0.23% | 7,154 | $973K | Reduce -0.3% |
| COHR Coherent Corp. | 0.22% | 10,730 | $957K | Add +18.3% |
| MA Mastercard Inc. Class A | 0.22% | 1,700 | $955K | Add +1.2% |
| KMX Carmax Inc. | 0.22% | 14,148 | $951K | Add +31.4% |
| SSNC Ss&c Technologies Holdings | 0.22% | 11,329 | $938K | Reduce -2.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.22% | 19,524 | $924K | Reduce -17.1% |
| TXN Texas Instruments Inc. | 0.21% | 4,233 | $879K | Add +5.8% |
| IWS iShares Russell Mid-Cap Valu | 0.20% | 6,323 | $836K | Reduce -4.9% |
| UNP Union Pacific Corp. | 0.19% | 3,478 | $800K | Reduce -3.3% |
| NFLX Netflix Inc. | 0.19% | 596 | $799K | Reduce -2.3% |
| AXP American Express Co. | 0.18% | 2,479 | $791K | Add +1.0% |
| ASH Ashland Inc. | 0.18% | 15,226 | $766K | Add +15.8% |
| COF Capital One Financial Corp. | 0.18% | 3,557 | $757K | Add +44.8% |
| ABBV Abbvie Inc. | 0.18% | 4,056 | $753K | Add +0.9% |
| CVX Chevron Corp. | 0.17% | 5,181 | $742K | Reduce -3.8% |
| ACN Accenture PLC Class A | 0.17% | 2,471 | $739K | Reduce -5.5% |
| AMGN Amgen Inc. | 0.17% | 2,573 | $718K | Reduce -0.3% |
| CHRW C.H. Robinson Worldwide Inc. | 0.16% | 7,278 | $698K | Add +0.9% |
| KEY Keycorp | 0.16% | 39,382 | $686K | Reduce -13.2% |
| IWN iShares Russell 2000 Value E | 0.16% | 4,342 | $685K | No change |
| WM Waste Management Inc. | 0.16% | 2,983 | $683K | Reduce -0.1% |
| WMT Walmart Inc. | 0.16% | 6,931 | $678K | Reduce -35.3% |
| IWD iShares Russell 1000 Value E | 0.16% | 3,442 | $669K | No change |
| GM General Motors Co. | 0.15% | 13,487 | $664K | Reduce -9.8% |
| SPOT Spotify Technology SA | 0.15% | 838 | $643K | Add +0.8% |
| WFC Wells Fargo & Co. | 0.15% | 7,952 | $637K | Reduce -1.4% |
| HII Huntington Ingalls Industrie | 0.15% | 2,598 | $627K | Reduce -5.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.15% | 2,764 | $626K | Add +26.7% |
| GLD SPDR Gold Shares | 0.14% | 1,940 | $591K | No change |
| NKE Nike Inc. Class B | 0.13% | 7,833 | $556K | Reduce -42.3% |
| PFE Pfizer Inc. | 0.13% | 22,723 | $551K | Reduce -3.2% |
| INFL Horizon Kinetics Infl Benef | 0.13% | 12,897 | $544K | Reduce -25.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.12% | 5,779 | $530K | Add +152.0% |
| SBAC SBA Communications Corp. | 0.12% | 2,188 | $514K | Reduce -15.4% |
| CRM Salesforce Inc. | 0.12% | 1,853 | $505K | Add +125.2% |
| DEO Diageo PLC-Sponsored ADR | 0.11% | 4,760 | $480K | Reduce -7.5% |
| OKE Oneok Inc. | 0.11% | 5,872 | $479K | Reduce -0.6% |
| GS Goldman Sachs Group Inc. | 0.11% | 676 | $478K | Add +0.5% |
| FANG Diamondback Energy Inc. | 0.11% | 3,398 | $467K | Reduce -11.7% |
| NOC Northrop Grumman Corp. | 0.11% | 920 | $460K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| COST Costco Wholesale Corp. | Reduce -1.1% | 6.47% | −0.62 |
| PHYS Sprott Physical Gold Trust | Reduce -1.3% | 5.97% | −0.54 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.6% | 0.68% | −0.20 |
| V Visa Inc. Class A | Reduce -5.0% | 0.80% | −0.14 |
| AVUS Avantis U.S. Equity ETF | Reduce -4.0% | 1.63% | −0.14 |
| IWB iShares Russell 1000 ETF | Reduce -0.6% | 4.25% | −0.13 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -28.0% | 0.23% | −0.13 |
| RTX RTX Corp. | Reduce -22.5% | 0.34% | −0.11 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.0% | 0.97% | −0.11 |
| XOM Exxon Mobil Corp. | Reduce -4.6% | 0.34% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -24.7% | 0.07% | −0.10 |
| NKE Nike Inc. Class B | Reduce -42.3% | 0.13% | −0.10 |
| AIG American International Group | Reduce -6.3% | 0.40% | −0.09 |
| WMT Walmart Inc. | Reduce -35.3% | 0.16% | −0.09 |
| ADBE Adobe Inc. | Reduce -10.6% | 0.34% | −0.09 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -0.2% | 0.26% | −0.07 |
| HD Home Depot Inc. | Reduce -0.2% | 0.54% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.07 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.07 |
| CNC Centene Corp. | Reduce -1.6% | 0.24% | −0.07 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.07 |
| UL Unilever PLC | Reduce -3.3% | 0.46% | −0.07 |
| CVX Chevron Corp. | Reduce -3.8% | 0.17% | −0.07 |
| GOOGL Alphabet Inc. Class A | Reduce -5.1% | 1.27% | −0.06 |
| CPRT Copart Inc. | Sold out | 0.00% | −0.06 |
| INFL Horizon Kinetics Infl Benef | Reduce -25.6% | 0.13% | −0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.5% | 1.29% | −0.06 |
| FANG Diamondback Energy Inc. | Reduce -11.7% | 0.11% | −0.05 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.05 |
| HCA HCA Healthcare Inc. | Reduce -38.0% | 0.08% | −0.05 |
| AMGN Amgen Inc. | Reduce -0.3% | 0.17% | −0.05 |
| BAC Bank of America Corp. | Reduce -17.1% | 0.22% | −0.04 |
| ACN Accenture PLC Class A | Reduce -5.5% | 0.17% | −0.04 |
| OKE Oneok Inc. | Reduce -0.6% | 0.11% | −0.04 |
| PEP Pepsico Inc. | Reduce -6.8% | 0.11% | −0.04 |
| UNP Union Pacific Corp. | Reduce -3.3% | 0.19% | −0.04 |
| SSNC Ss&c Technologies Holdings | Reduce -2.1% | 0.22% | −0.04 |
| KEY Keycorp | Reduce -13.2% | 0.16% | −0.03 |
| GM General Motors Co. | Reduce -9.8% | 0.15% | −0.03 |
| DEO Diageo PLC-Sponsored ADR | Reduce -7.5% | 0.11% | −0.03 |
| DFAU Dimensional US Core Equity M | Reduce -5.9% | 0.33% | −0.03 |
| SBAC SBA Communications Corp. | Reduce -15.4% | 0.12% | −0.03 |
| PFE Pfizer Inc. | Reduce -3.2% | 0.13% | −0.03 |
| SCHB Schwab US Broad Market ETF | Reduce -31.9% | 0.06% | −0.03 |
| RLY SS Multi-Asset Real Ret ETF | Reduce -28.3% | 0.05% | −0.03 |
| GD General Dynamics Corp. | Reduce -4.6% | 0.24% | −0.03 |
| IWS iShares Russell Mid-Cap Valu | Reduce -4.9% | 0.20% | −0.03 |
| ABT Abbott Laboratories | Reduce -0.3% | 0.23% | −0.03 |
| IAU iShares Gold Trust | Reduce -2.1% | 0.25% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +1.6% | 13.96% | +2.19 |
| AAPL Apple Inc. | Add +33.8% | 9.24% | +0.76 |
| JMST JPM Ultra-Short Muni Income | Add +42.3% | 2.52% | +0.51 |
| NVDA Nvidia Corp. | Add +1.5% | 1.49% | +0.35 |
| IWY iShares Russell Top 200 Grow | Add +2.9% | 3.28% | +0.18 |
| AVGO Broadcom Inc. | Add +1.8% | 0.38% | +0.12 |
| DBEF Xtrackers MSCI Eafe Hedged E | New | 0.10% | +0.10 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +152.0% | 0.12% | +0.07 |
| COHR Coherent Corp. | Add +18.3% | 0.22% | +0.07 |
| RRX Regal Rexnord Corp. | Add +14.8% | 0.30% | +0.07 |
| AR Antero Resources Corp. | New | 0.06% | +0.06 |
| COF Capital One Financial Corp. | Add +44.8% | 0.18% | +0.06 |
| CRM Salesforce Inc. | Add +125.2% | 0.12% | +0.06 |
| COP Conocophillips | New | 0.06% | +0.06 |
| ZTS Zoetis Inc. | New | 0.06% | +0.06 |
| IQLT iShares MSCI International Q | New | 0.05% | +0.05 |
| URTH iShares MSCI World ETF | New | 0.05% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +26.7% | 0.15% | +0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.05% | +0.05 |
| AVUV Avantis US Small Cap Value | New | 0.05% | +0.05 |
| BA The Boeing Co. | Add +49.0% | 0.09% | +0.04 |
| CMPR Cimpress PLC | Add +27.3% | 0.23% | +0.03 |
| XLK SS Technology Select Sector | Add +0.0% | 0.43% | +0.03 |
| SPOT Spotify Technology SA | Add +0.8% | 0.15% | +0.03 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.9% | 0.24% | +0.02 |
| QLTY GMO U.S. Quality ETF | Add +3.9% | 4.49% | +0.02 |
| TXN Texas Instruments Inc. | Add +5.8% | 0.21% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +0.5% | 0.11% | +0.01 |
| ETN Eaton Corp. PLC | Add +4.7% | 0.06% | +0.01 |
| BKNG Booking Holdings Inc. | Add +5.6% | 0.08% | +0.01 |
| AXP American Express Co. | Add +1.0% | 0.18% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +2.1% | 0.06% | +0.00 |
| BBCP Concrete Pumping Holdings Inc. | Add +0.6% | 0.03% | 0.00 |
| KMX Carmax Inc. | Add +31.4% | 0.22% | −0.00 |
| ISRG Intuitive Surgical Inc. | Add +0.9% | 0.05% | −0.00 |
| BSX Boston Scientific Corp. | Add +3.0% | 0.06% | −0.00 |
| JVAL JPMorgan US Value Factor ETF | Add +0.7% | 0.05% | −0.00 |
| SYK Stryker Corp. | Add +2.2% | 0.07% | −0.00 |
| VXUS Vanguard Total Intl Stock | Add +0.7% | 0.24% | −0.00 |
| LEA Lear Corp. | Add +0.1% | 0.08% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Add +0.9% | 0.09% | −0.01 |
| IEMG iShares Core MSCI Emerging | Add +0.6% | 0.39% | −0.01 |
| BLDR Builders Firstsource Inc. | Add +13.0% | 0.08% | −0.01 |
| TGT Target Corp. | Add +9.8% | 0.07% | −0.01 |
| FTAI Ftai Aviation Ltd. | Add +0.3% | 0.07% | −0.01 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +0.3% | 0.08% | −0.01 |
| SO The Southern Co. | Add +5.6% | 0.10% | −0.01 |
| RQI Cohen & Steers Qual Inc. RLTY | Add +2.0% | 0.06% | −0.01 |
| DUK Duke Energy Corp. | Add +1.4% | 0.06% | −0.01 |
| VLO Valero Energy Corp. | Add +1.0% | 0.10% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 206 | $527.8M | AAPL, MSFT, QLTY, AMZN, PHYS |
| Q1 2026 | 199 | $501.3M | AAPL, MSFT, PHYS, QLTY, AMZN |
| Q4 2025 | 188 | $506.4M | AAPL, MSFT, AMZN, PHYS, COST |
| Q3 2025 | 172 | $470.3M | MSFT, AAPL, AMZN, PHYS, COST |
| Q2 2025 | 163 | $428.3M | MSFT, AAPL, AMZN, COST, PHYS |
| Q1 2025 | 162 | $377.4M | MSFT, AAPL, AMZN, COST, PHYS |
| Q4 2024 | 162 | $396.8M | MSFT, AAPL, AMZN, COST, PHYS |
| Q3 2024 | 160 | $386.3M | MSFT, AAPL, AMZN, COST, PHYS |
| Q2 2024 | 150 | $361.7M | MSFT, AMZN, AAPL, COST, PHYS |
| Q1 2024 | 152 | $343.4M | MSFT, AMZN, COST, AAPL, PHYS |