Auxano Advisors, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 5, 2025), Auxano Advisors, LLC reported 172 stock positions worth $470.3 million. Its top holding was Microsoft (MSFT) at 13.2% of the portfolio, followed by Apple (AAPL, 11.3%) and Amazon.com (AMZN, 7.7%). Compared with Q2 2025, it opened 11 new positions, sold out of 2, added to 66 and reduced 78. The biggest buy was Apple (AAPL, shares +8%) and the biggest sale Costco Wholesale (COST, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- BELLEVUE, WA
- CIK
- 0001811491
- Portfolio Value
- $470.3M (Q3 2025)
- SEC Filing
- 0001811491-25-000002 ↗ filed Nov 5, 2025
Holdings Value
Holdings 172 stocks · $470.3M
| MSFT Microsoft Corp. | 13.20% | 119,818 | $62.1M | Reduce -0.3% |
| AAPL Apple Inc. | 11.33% | 209,311 | $53.3M | Add +8.5% |
| AMZN Amazon.com Inc. | 7.67% | 164,357 | $36.1M | Reduce -0.1% |
| PHYS Sprott Physical Gold Trust | 6.15% | 976,102 | $28.9M | Reduce -3.1% |
| COST Costco Wholesale Corp. | 5.47% | 27,802 | $25.7M | Reduce -0.7% |
| QLTY GMO U.S. Quality ETF | 4.52% | 586,924 | $21.2M | Add +4.6% |
| IWB iShares Russell 1000 ETF | 4.09% | 52,688 | $19.3M | Reduce -1.8% |
| IWY iShares Russell Top 200 Grow | 3.52% | 60,426 | $16.5M | Add +6.1% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 3.18% | 292,811 | $14.9M | Add +38.4% |
| TSLA Tesla Inc. | 2.98% | 31,477 | $14.0M | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 1.60% | 31,020 | $7.5M | Add +0.2% |
| NVDA Nvidia Corp. | 1.59% | 40,170 | $7.5M | Reduce -0.8% |
| AVUS Avantis U.S. Equity ETF | 1.56% | 67,704 | $7.4M | Reduce -2.2% |
| RPG Invesco S&P 500 Pure Growth | 1.47% | 145,209 | $6.9M | Reduce -20.5% |
| SGDM Sprott Gold Miners ETF | 1.24% | 94,085 | $5.8M | Reduce -3.7% |
| IVV iShares Core S&P 500 ETF | 1.10% | 7,762 | $5.2M | Add +0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.98% | 6,893 | $4.6M | Reduce -23.1% |
| SCHD Schwab US DVD Equity ETF | 0.95% | 163,452 | $4.5M | Reduce -11.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.94% | 23,607 | $4.4M | Reduce -0.0% |
| JPM JPMorgan Chase & Co. | 0.77% | 11,526 | $3.6M | Add +0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.74% | 6,947 | $3.5M | Add +16.5% |
| COOP Mr Cooper Group Inc. | 0.70% | 15,511 | $3.3M | Reduce -8.7% |
| V Visa Inc. Class A | 0.69% | 9,525 | $3.3M | Reduce -1.0% |
| JNJ Johnson & Johnson | 0.64% | 16,166 | $3.0M | Add +3.4% |
| META Meta Platforms Inc. Class A | 0.58% | 3,738 | $2.7M | Reduce -2.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.55% | 46,840 | $2.6M | Add +13.5% |
| ORCL Oracle Corp. | 0.53% | 8,905 | $2.5M | Reduce -6.4% |
| HD Home Depot Inc. | 0.53% | 6,174 | $2.5M | Reduce -1.5% |
| SBUX Starbucks Corp. | 0.53% | 29,247 | $2.5M | Add +1.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.47% | 19,434 | $2.2M | Reduce -13.8% |
| GOOG Alphabet Inc. Class C | 0.45% | 8,598 | $2.1M | Add +0.2% |
| XLK SS Technology Select Sector | 0.44% | 7,286 | $2.1M | Add +0.0% |
| AVGO Broadcom Inc. | 0.41% | 5,862 | $1.9M | Reduce -1.1% |
| UL Unilever PLC | 0.41% | 32,147 | $1.9M | Reduce -0.8% |
| IEMG iShares Core MSCI Emerging | 0.39% | 27,698 | $1.8M | No change |
| JPST JPMorgan Ultra-Short Income | 0.37% | 34,688 | $1.8M | Reduce -1.2% |
| LLY Eli Lilly & Co. | 0.35% | 2,173 | $1.7M | Reduce -5.9% |
| RTX RTX Corp. | 0.34% | 9,663 | $1.6M | Reduce -4.4% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.34% | 3,414 | $1.6M | No change |
| MDT Medtronic PLC | 0.33% | 16,490 | $1.6M | Reduce -0.3% |
| PI Impinj Inc. | 0.33% | 8,653 | $1.6M | Reduce -1.8% |
| AIG American International Group | 0.33% | 19,744 | $1.6M | Reduce -0.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.32% | 2 | $1.5M | New |
| ADBE Adobe Inc. | 0.32% | 4,200 | $1.5M | Add +12.5% |
| RRR Red Rock Resorts Inc. Class A | 0.30% | 23,256 | $1.4M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 0.29% | 12,254 | $1.4M | Reduce -8.8% |
| DFAU Dimensional US Core Equity M | 0.29% | 30,143 | $1.4M | Reduce -8.4% |
| RRX Regal Rexnord Corp. | 0.28% | 9,068 | $1.3M | Add +2.0% |
| CMPR Cimpress PLC | 0.27% | 20,101 | $1.3M | Reduce -4.8% |
| IAU iShares Gold Trust | 0.26% | 16,865 | $1.2M | Reduce -2.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.26% | 1,244 | $1.2M | Reduce -1.4% |
| GD General Dynamics Corp. | 0.25% | 3,496 | $1.2M | Reduce -1.5% |
| MRK Merck & Co. Inc. | 0.25% | 13,972 | $1.2M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.24% | 7,247 | $1.1M | Reduce -0.9% |
| VXUS Vanguard Total Intl Stock | 0.23% | 14,647 | $1.1M | Reduce -2.5% |
| CSCO Cisco Systems Inc. | 0.22% | 15,347 | $1.1M | Reduce -1.0% |
| TMUS T-Mobile US Inc. | 0.22% | 4,267 | $1.0M | Add +0.2% |
| SSNC Ss&c Technologies Holdings | 0.21% | 11,333 | $1.0M | Add +0.0% |
| WCC Wesco International Inc. | 0.21% | 4,754 | $1.0M | Reduce -11.2% |
| ABT Abbott Laboratories | 0.21% | 7,244 | $970K | Add +1.3% |
| COHR Coherent Corp. | 0.20% | 8,918 | $961K | Reduce -16.9% |
| ABBV Abbvie Inc. | 0.20% | 4,046 | $937K | Reduce -0.3% |
| MA Mastercard Inc. Class A | 0.20% | 1,633 | $929K | Reduce -3.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.20% | 17,969 | $927K | Reduce -8.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 3,283 | $926K | Reduce -1.1% |
| IWS iShares Russell Mid-Cap Valu | 0.19% | 6,298 | $880K | Reduce -0.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.18% | 3,042 | $850K | Add +10.1% |
| GLD SPDR Gold Shares | 0.18% | 2,358 | $838K | Add +21.6% |
| AXP American Express Co. | 0.18% | 2,483 | $825K | Add +0.2% |
| GM General Motors Co. | 0.17% | 13,414 | $818K | Reduce -0.5% |
| CHRW C.H. Robinson Worldwide Inc. | 0.17% | 6,160 | $816K | Reduce -15.4% |
| CVX Chevron Corp. | 0.17% | 5,138 | $798K | Reduce -0.8% |
| COF Capital One Financial Corp. | 0.17% | 3,716 | $790K | Add +4.5% |
| IWN iShares Russell 2000 Value E | 0.16% | 4,335 | $766K | Reduce -0.2% |
| TXN Texas Instruments Inc. | 0.16% | 4,141 | $761K | Reduce -2.2% |
| HII Huntington Ingalls Industrie | 0.16% | 2,599 | $748K | Add +0.0% |
| WMT Walmart Inc. | 0.16% | 7,140 | $736K | Add +3.0% |
| KEY Keycorp | 0.16% | 39,150 | $732K | Reduce -0.6% |
| CL Colgate-Palmolive Co. | 0.15% | 9,059 | $724K | Add +102.6% |
| NFLX Netflix Inc. | 0.15% | 597 | $716K | Add +0.2% |
| IWD iShares Russell 1000 Value E | 0.15% | 3,442 | $701K | No change |
| UNP Union Pacific Corp. | 0.15% | 2,945 | $696K | Reduce -15.3% |
| SHY iShares 1-3 Year Treasury Bo | 0.14% | 8,209 | $681K | Reduce -31.8% |
| WFC Wells Fargo & Co. | 0.14% | 8,047 | $675K | Add +1.2% |
| WM Waste Management Inc. | 0.14% | 2,988 | $660K | Add +0.2% |
| KMX Carmax Inc. | 0.14% | 14,256 | $640K | Add +0.8% |
| PEP Pepsico Inc. | 0.13% | 4,505 | $633K | Add +29.4% |
| CNC Centene Corp. | 0.13% | 17,382 | $620K | Reduce -8.5% |
| SPOT Spotify Technology SA | 0.12% | 838 | $585K | No change |
| ACN Accenture PLC Class A | 0.12% | 2,317 | $571K | Reduce -6.2% |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.12% | 12,100 | $562K | Add +25.4% |
| NOC Northrop Grumman Corp. | 0.12% | 921 | $561K | Add +0.1% |
| VLO Valero Energy Corp. | 0.12% | 3,262 | $555K | Add +1.3% |
| FANG Diamondback Energy Inc. | 0.12% | 3,798 | $543K | Add +11.8% |
| GS Goldman Sachs Group Inc. | 0.12% | 679 | $541K | Add +0.4% |
| INFL Horizon Kinetics Infl Benef | 0.11% | 11,691 | $523K | Reduce -9.3% |
| AMGN Amgen Inc. | 0.11% | 1,801 | $508K | Reduce -30.0% |
| MPC Marathon Petroleum Corp. | 0.11% | 2,575 | $496K | Reduce -1.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.10% | 815 | $489K | Reduce -0.6% |
| NKE Nike Inc. Class B | 0.10% | 6,869 | $479K | Reduce -12.3% |
Portfolio Sells Q2 2025 → Q3 2025
| COST Costco Wholesale Corp. | Reduce -0.7% | 5.47% | −1.00 |
| MSFT Microsoft Corp. | Reduce -0.3% | 13.20% | −0.76 |
| AMZN Amazon.com Inc. | Reduce -0.1% | 7.67% | −0.75 |
| RPG Invesco S&P 500 Pure Growth | Reduce -20.5% | 1.47% | −0.48 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -23.1% | 0.98% | −0.32 |
| SCHD Schwab US DVD Equity ETF | Reduce -11.1% | 0.95% | −0.19 |
| DIS The Walt Disney Co. | Reduce -13.8% | 0.47% | −0.18 |
| IWB iShares Russell 1000 ETF | Reduce -1.8% | 4.09% | −0.16 |
| CNC Centene Corp. | Reduce -8.5% | 0.13% | −0.11 |
| V Visa Inc. Class A | Reduce -1.0% | 0.69% | −0.11 |
| ASH Ashland Inc. | Reduce -45.0% | 0.09% | −0.09 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -31.8% | 0.14% | −0.09 |
| META Meta Platforms Inc. Class A | Reduce -2.0% | 0.58% | −0.07 |
| PFE Pfizer Inc. | Reduce -54.6% | 0.06% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -5.9% | 0.35% | −0.07 |
| AIG American International Group | Reduce -0.3% | 0.33% | −0.07 |
| AVUS Avantis U.S. Equity ETF | Reduce -2.2% | 1.56% | −0.07 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.06 |
| AMGN Amgen Inc. | Reduce -30.0% | 0.11% | −0.06 |
| UL Unilever PLC | Reduce -0.8% | 0.41% | −0.06 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.05 |
| ACN Accenture PLC Class A | Reduce -6.2% | 0.12% | −0.05 |
| CRM Salesforce Inc. | Reduce -24.2% | 0.07% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -8.8% | 0.29% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -2.2% | 0.16% | −0.04 |
| JPST JPMorgan Ultra-Short Income | Reduce -1.2% | 0.37% | −0.04 |
| UNP Union Pacific Corp. | Reduce -15.3% | 0.15% | −0.04 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.0% | 0.94% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -0.9% | 0.24% | −0.04 |
| DFAU Dimensional US Core Equity M | Reduce -8.4% | 0.29% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -1.1% | 0.20% | −0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -17.2% | 0.09% | −0.03 |
| NKE Nike Inc. Class B | Reduce -12.3% | 0.10% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -1.0% | 0.22% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -3.9% | 0.20% | −0.03 |
| OKE Oneok Inc. | Reduce -1.1% | 0.09% | −0.02 |
| COHR Coherent Corp. | Reduce -16.9% | 0.20% | −0.02 |
| BAC Bank of America Corp. | Reduce -8.0% | 0.20% | −0.02 |
| MCD McDonald's Corp. | Reduce -18.1% | 0.06% | −0.02 |
| WCC Wesco International Inc. | Reduce -11.2% | 0.21% | −0.02 |
| INFL Horizon Kinetics Infl Benef | Reduce -9.3% | 0.11% | −0.02 |
| BLDR Builders Firstsource Inc. | Reduce -15.8% | 0.06% | −0.02 |
| VXUS Vanguard Total Intl Stock | Reduce -2.5% | 0.23% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -17.7% | 0.06% | −0.01 |
| TGT Target Corp. | Reduce -0.5% | 0.06% | −0.01 |
| LIN Linde PLC | Reduce -9.2% | 0.06% | −0.01 |
| SYK Stryker Corp. | Reduce -0.3% | 0.06% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -13.6% | 0.05% | −0.01 |
| BA The Boeing Co. | Reduce -4.7% | 0.08% | −0.01 |
| COP Conocophillips | Reduce -11.4% | 0.05% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +8.5% | 11.33% | +2.09 |
| JMST JPM Ultra-Short Muni Income | Add +38.4% | 3.18% | +0.66 |
| GOOGL Alphabet Inc. Class A | Add +0.2% | 1.60% | +0.33 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.32% | +0.32 |
| IWY iShares Russell Top 200 Grow | Add +6.1% | 3.52% | +0.24 |
| GOOG Alphabet Inc. Class C | Add +0.2% | 0.45% | +0.09 |
| JNJ Johnson & Johnson | Add +3.4% | 0.64% | +0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +16.5% | 0.74% | +0.07 |
| SPIR Spire Global Inc. | New | 0.06% | +0.06 |
| CL Colgate-Palmolive Co. | Add +102.6% | 0.15% | +0.06 |
| LOW Lowe's Cos Inc. | New | 0.06% | +0.06 |
| INTC Intel Corp. | New | 0.06% | +0.06 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | New | 0.05% | +0.05 |
| VZ Verizon Communications Inc. | New | 0.05% | +0.05 |
| AMD Advanced Micro Devices | New | 0.05% | +0.05 |
| FNDX Schwab Fndmntl US LRG Co. ETF | New | 0.05% | +0.05 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | New | 0.04% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | New | 0.04% | +0.04 |
| ZTS Zoetis Inc. | Add +104.7% | 0.10% | +0.04 |
| NEE Nextera Energy Inc. | New | 0.04% | +0.04 |
| GLD SPDR Gold Shares | Add +21.6% | 0.18% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +10.1% | 0.18% | +0.03 |
| QLTY GMO U.S. Quality ETF | Add +4.6% | 4.52% | +0.03 |
| PEP Pepsico Inc. | Add +29.4% | 0.13% | +0.03 |
| FTAI Ftai Aviation Ltd. | Add +0.7% | 0.10% | +0.02 |
| DBEF Xtrackers MSCI Eafe Hedged E | Add +25.4% | 0.12% | +0.02 |
| VLO Valero Energy Corp. | Add +1.3% | 0.12% | +0.02 |
| HII Huntington Ingalls Industrie | Add +0.0% | 0.16% | +0.01 |
| NOC Northrop Grumman Corp. | Add +0.1% | 0.12% | +0.01 |
| URTH iShares MSCI World ETF | Add +21.1% | 0.06% | +0.01 |
| AVUV Avantis US Small Cap Value | Add +19.0% | 0.06% | +0.01 |
| AR Antero Resources Corp. | Add +50.1% | 0.07% | +0.01 |
| MOAT Vaneck Morningstar Wide Moat | Add +20.8% | 0.06% | +0.01 |
| FANG Diamondback Energy Inc. | Add +11.8% | 0.12% | +0.01 |
| XLK SS Technology Select Sector | Add +0.0% | 0.44% | +0.01 |
| MS Morgan Stanley | Add +2.9% | 0.10% | +0.01 |
| JVAL JPMorgan US Value Factor ETF | Add +10.0% | 0.06% | +0.00 |
| GS Goldman Sachs Group Inc. | Add +0.4% | 0.12% | +0.00 |
| HPQ HP Inc. | Add +4.4% | 0.05% | +0.00 |
| UNH Unitedhealth Group Inc. | Add +3.4% | 0.07% | +0.00 |
| HCA HCA Healthcare Inc. | Add +0.1% | 0.08% | +0.00 |
| IQLT iShares MSCI International Q | Add +9.4% | 0.05% | +0.00 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +0.3% | 0.08% | −0.00 |
| TRMB Trimble Inc. | Add +0.0% | 0.07% | −0.00 |
| WMT Walmart Inc. | Add +3.0% | 0.16% | −0.00 |
| HON Honeywell International Inc. | Add +17.8% | 0.06% | −0.00 |
| ALL Allstate Corp. | Add +0.1% | 0.08% | −0.00 |
| DUK Duke Energy Corp. | Add +0.1% | 0.06% | −0.00 |
| SO The Southern Co. | Add +3.5% | 0.09% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Add +0.3% | 0.08% | −0.00 |
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 |