Brio Consultants, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 4, 2026), Brio Consultants, LLC reported 146 stock positions worth $769.5 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 10.7% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 9.1%) and Vanguard Total Bond Market (BND, 8.6%). Compared with Q3 2025, it opened 15 new positions, sold out of 6, added to 88 and reduced 41. The biggest buy was a new position in State Street SP PTF Em ETF (SPEM) and the biggest sale iShares MSCI Emg MKT Min Vol (EEMV, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001747799
- Portfolio Value
- $769.5M (Q4 2025)
- SEC Filing
- 0001765380-26-000062 ↗ filed Feb 4, 2026
Holdings Value
Holdings 146 stocks · $769.5M
| VOO Vanguard S&P 500 ETF | 10.68% | 131,014 | $82.2M | Add +0.5% |
| SCHG Schwab US Large-Cap Growth | 9.05% | 2,135,184 | $69.6M | Reduce -3.6% |
| BND Vanguard Total Bond Market | 8.58% | 891,816 | $66.1M | Add +7.8% |
| GTO Invesco Total Return Bond Et | 7.01% | 1,137,747 | $54.0M | Add +7.4% |
| GSIE Goldman Sachs Activebeta Int | 5.71% | 1,022,545 | $43.9M | Add +4.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 5.61% | 972,284 | $43.2M | Add +3.5% |
| VONV Vanguard Russell 1000 Value | 4.49% | 374,469 | $34.6M | Add +8.4% |
| TIPX SS SPDR BB 1-10YR Tips ETF | 2.35% | 946,670 | $18.1M | Add +6.5% |
| HTRB Hartford TTL RTRN BND ETF | 2.31% | 519,504 | $17.7M | Add +9.9% |
| IAGG iShares Intl Aggregate Bond | 2.19% | 336,775 | $16.8M | Add +7.8% |
| IUSG iShares Core S&P U.S. Growth | 1.78% | 81,460 | $13.7M | Add +1.6% |
| SPEM State Street SP PTF Em ETF | 1.60% | 263,455 | $12.3M | New |
| CMF iShares California Muni Bond | 1.48% | 198,177 | $11.4M | Add +6.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.37% | 21,579 | $10.5M | Reduce -2.8% |
| IFRA iShares US Infrastructure | 1.29% | 188,282 | $9.9M | Add +2.8% |
| XLRE SS Real Estate Select Sector | 1.20% | 229,277 | $9.3M | Add +6.4% |
| VIG Vanguard Dividend Apprec ETF | 1.20% | 42,046 | $9.2M | Reduce -1.4% |
| QEFA STSR SPD MSC Eaf Stgfs-US Inc. | 1.17% | 99,648 | $9.0M | Add +5.7% |
| INTF iShares International Equity | 1.17% | 237,995 | $9.0M | Add +0.1% |
| AAPL Apple Inc. | 1.16% | 32,701 | $8.9M | Reduce -1.0% |
| GUNR NT Mstar GLBL NR ETF | 1.10% | 183,981 | $8.4M | Add +5.8% |
| VXUS Vanguard Total Intl Stock | 1.07% | 109,303 | $8.2M | Add +2.6% |
| SMMD iShares Russell 2500 ETF | 1.06% | 109,281 | $8.2M | Reduce -23.2% |
| EFA iShares MSCI Eafe ETF | 0.99% | 79,325 | $7.6M | Add +4.2% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.99% | 58,901 | $7.6M | Add +0.8% |
| SUB iShares Short-Term National | 0.97% | 69,893 | $7.5M | Add +6.4% |
| USSG Xtrackers MSCI USA Sele Eqty | 0.97% | 116,985 | $7.4M | Add +1.9% |
| AVUS Avantis U.S. Equity ETF | 0.89% | 61,301 | $6.9M | Reduce -2.4% |
| JMUB JPMorgan Municipal ETF | 0.87% | 132,163 | $6.7M | Add +4.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.83% | 71,149 | $6.4M | Reduce -1.2% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.79% | 124,123 | $6.1M | Reduce -2.0% |
| FTLS First Trust Long/Short Eqty | 0.76% | 82,576 | $5.9M | Add +0.2% |
| VTEC Vanguard Ca Tax-Ex Bond | 0.71% | 54,394 | $5.5M | Add +5.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.64% | 61,446 | $4.9M | Add +275.1% |
| MUB iShares National Muni Bond E | 0.61% | 43,770 | $4.7M | Reduce -0.1% |
| NVDA Nvidia Corp. | 0.60% | 24,789 | $4.6M | Add +9.8% |
| SCHB Schwab US Broad Market ETF | 0.58% | 170,756 | $4.5M | Add +14.5% |
| EAGG iShares ESG Aware US Aggrega | 0.55% | 88,871 | $4.3M | Add +7.5% |
| EELV Invesco S&P Emerging Markets | 0.55% | 154,688 | $4.2M | Reduce -18.0% |
| SHM SS SPDR N Ice St Muni ETF | 0.53% | 85,485 | $4.1M | Add +3.2% |
| ESGD iShares Trust iShares ESG Aw | 0.46% | 37,460 | $3.6M | Add +6.0% |
| NUDM Nuveen ESG Intl Devel MRK Eq | 0.46% | 96,827 | $3.5M | Add +6.4% |
| SUSB iShares ESG Aware 1-5 Year U | 0.42% | 126,830 | $3.2M | Add +7.5% |
| GOOG Alphabet Inc. Class C | 0.40% | 9,713 | $3.0M | Add +2.6% |
| VCRM Vanguard Core Tax-Ex Bond | 0.37% | 37,978 | $2.9M | Add +14.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.37% | 8,538 | $2.9M | Reduce -1.8% |
| NANR Sta STR SP S&P Nor An Res-Ui | 0.36% | 41,293 | $2.8M | Add +2.2% |
| NFRA NT GLBL BRD Infra ETF | 0.32% | 41,218 | $2.5M | Add +3.9% |
| VONE Vanguard Russell 1000 | 0.32% | 7,957 | $2.5M | Add +1.6% |
| MSFT Microsoft Corp. | 0.29% | 4,682 | $2.3M | Add +8.5% |
| SCHH Schwab US REIT ETF | 0.28% | 103,879 | $2.2M | Add +2.5% |
| GOOGL Alphabet Inc. Class A | 0.28% | 6,884 | $2.2M | Reduce -1.9% |
| COWZ Pacer US Cash Cows 100 ETF | 0.28% | 35,350 | $2.1M | Reduce -3.6% |
| GSST Goldman Sachs Ultra Short Bo | 0.27% | 40,411 | $2.0M | Reduce -3.3% |
| AMZN Amazon.com Inc. | 0.25% | 8,251 | $1.9M | Reduce -0.5% |
| V Visa Inc. Class A | 0.25% | 5,400 | $1.9M | Add +82.7% |
| GNR State Street SPDR S&P Global | 0.24% | 29,468 | $1.8M | Add +0.3% |
| SCHF Schwab Intl Equity ETF | 0.22% | 69,938 | $1.7M | Add +19.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.22% | 5,768 | $1.7M | Add +6.0% |
| IWF iShares Russell 1000 Growth | 0.21% | 3,429 | $1.6M | Reduce -8.1% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.20% | 42,910 | $1.5M | Add +49.4% |
| IGF iShares Global Infrastructur | 0.20% | 24,993 | $1.5M | Add +7.9% |
| DGRO iShares Core Dividend Growth | 0.19% | 20,968 | $1.5M | Reduce -0.9% |
| SGOV iShares 0-3 Month Treasury B | 0.18% | 13,966 | $1.4M | New |
| VEA Vanguard Ftse Developed ETF | 0.17% | 21,032 | $1.3M | Reduce -3.6% |
| EMCR Xtrackers Emerg Mark Carb Re | 0.17% | 34,713 | $1.3M | Add +1.4% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.16% | 21,870 | $1.3M | Reduce -7.3% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.15% | 17,950 | $1.1M | Reduce -90.9% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.15% | 10,729 | $1.1M | Add +42.9% |
| MMCA Nylim Mackay California Muni filed as NEW YORK LIFE INVTS ACTIVE E | 0.14% | 48,046 | $1.0M | Add +2.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.14% | 4,046 | $1.0M | Add +6.1% |
| BGRN iShares Usd Green Bond ETF | 0.13% | 21,550 | $1.0M | Add +8.5% |
| VNQ Vanguard Real Estate ETF | 0.13% | 11,669 | $1.0M | Add +19.9% |
| VONG Vanguard Russell 1000 Growth | 0.13% | 8,360 | $1.0M | Add +170.4% |
| ITOT iShares Core S&P Total U.S. | 0.13% | 6,503 | $967K | Reduce -4.0% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.12% | 29,721 | $937K | Reduce -1.1% |
| ILCG iShares Morningstar Growth E | 0.12% | 8,844 | $920K | Add +2.4% |
| META Meta Platforms Inc. Class A | 0.12% | 1,387 | $916K | Add +48.5% |
| ORCL Oracle Corp. | 0.11% | 4,413 | $860K | Add +21.7% |
| NUSC Nuveen ESG Small-Cap ETF | 0.11% | 19,247 | $859K | Reduce -11.4% |
| JPST JPMorgan Ultra-Short Income | 0.10% | 15,597 | $789K | Reduce -19.5% |
| BIV Vanguard Intermediate-Term B | 0.10% | 9,781 | $762K | Add +0.1% |
| IVW iShares S&P 500 Growth ETF | 0.10% | 6,115 | $754K | Reduce -1.9% |
| IJR iShares Core S&P Small-Cap E | 0.10% | 6,236 | $749K | Reduce -7.0% |
| SDG Ish MSCI Glob Sust Deve Goal | 0.09% | 8,220 | $692K | Add +6.0% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.09% | 13,299 | $669K | Add +17.8% |
| AOR iShares Core 60/40 Balanced | 0.09% | 10,070 | $655K | Reduce -15.0% |
| SUSA iShares ESG Optimized MSCI U | 0.08% | 4,646 | $647K | Reduce -0.6% |
| PSR Invesco Active US Real Estat | 0.08% | 6,999 | $632K | Add +27.2% |
| IVV iShares Core S&P 500 ETF | 0.08% | 910 | $623K | Add +3.8% |
| VYM Vanguard High DVD Yield ETF | 0.08% | 4,337 | $623K | Reduce -2.2% |
| SCHX Schwab US Large-Cap ETF | 0.08% | 22,704 | $611K | Add +8.0% |
| JCPB JPMorgan Core Plus Bond ETF | 0.08% | 12,850 | $608K | Reduce -5.0% |
| FLSP Franklin Systematic Style PR | 0.08% | 22,290 | $600K | Add +22.7% |
| QGRO American Century US Quality | 0.07% | 4,932 | $565K | Add +11.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.07% | 903 | $555K | Reduce -8.0% |
| NYF iShares New York Muni Bond E | 0.07% | 9,894 | $529K | Add +7.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.07% | 9,116 | $518K | Add +48.1% |
| AVEM Avantis Emerging Markets Eq | 0.07% | 6,703 | $516K | New |
| UPS United Parcel Service Class B | 0.07% | 5,145 | $510K | Reduce -2.5% |
Portfolio Sells Q3 2025 → Q4 2025
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -90.9% | 0.15% | −1.58 |
| SCHG Schwab US Large-Cap Growth | Reduce -3.6% | 9.05% | −0.67 |
| SMMD iShares Russell 2500 ETF | Reduce -23.2% | 1.06% | −0.38 |
| EELV Invesco S&P Emerging Markets | Reduce -18.0% | 0.55% | −0.14 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -2.8% | 1.37% | −0.10 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.4% | 1.20% | −0.06 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -2.0% | 0.79% | −0.06 |
| AVUS Avantis U.S. Equity ETF | Reduce -2.4% | 0.89% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -44.5% | 0.04% | −0.04 |
| FNF Fidelity National Financial | Sold out | 0.00% | −0.04 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -1.2% | 0.83% | −0.04 |
| MUB iShares National Muni Bond E | Reduce -0.1% | 0.61% | −0.03 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Sold out | 0.00% | −0.03 |
| JPST JPMorgan Ultra-Short Income | Reduce -19.5% | 0.10% | −0.03 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Sold out | 0.00% | −0.03 |
| IWF iShares Russell 1000 Growth | Reduce -8.1% | 0.21% | −0.03 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Sold out | 0.00% | −0.03 |
| DFAT Dimensional US Target Value | Sold out | 0.00% | −0.03 |
| GSST Goldman Sachs Ultra Short Bo | Reduce -3.3% | 0.27% | −0.03 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -7.3% | 0.16% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.8% | 0.37% | −0.02 |
| NUSC Nuveen ESG Small-Cap ETF | Reduce -11.4% | 0.11% | −0.02 |
| AOR iShares Core 60/40 Balanced | Reduce -15.0% | 0.09% | −0.02 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -3.6% | 0.28% | −0.01 |
| BAC Bank of America Corp. | Reduce -20.2% | 0.05% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -7.0% | 0.10% | −0.01 |
| MFG Mizuho Financial Group-ADR | Sold out | 0.00% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -4.0% | 0.13% | −0.01 |
| JCPB JPMorgan Core Plus Bond ETF | Reduce -5.0% | 0.08% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -3.6% | 0.17% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -8.0% | 0.07% | −0.01 |
| DGRO iShares Core Dividend Growth | Reduce -0.9% | 0.19% | −0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -15.1% | 0.03% | −0.01 |
| IBM Intl Business Machines Corp. | Reduce -20.1% | 0.03% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -21.9% | 0.04% | −0.01 |
| FNDA Schwab Fndmntl US SM Co. ETF | Reduce -1.1% | 0.12% | −0.01 |
| MMIT Nylim Mackay Muni Intermedia | Reduce -8.9% | 0.04% | −0.01 |
| IVW iShares S&P 500 Growth ETF | Reduce -1.9% | 0.10% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Reduce -2.2% | 0.08% | −0.01 |
| SUSA iShares ESG Optimized MSCI U | Reduce -0.6% | 0.08% | −0.00 |
| ESGV Vanguard ESG US Stock ETF | Reduce -3.3% | 0.04% | −0.00 |
| AMZN Amazon.com Inc. | Reduce -0.5% | 0.25% | −0.00 |
| AAPL Apple Inc. | Reduce -1.0% | 1.16% | −0.00 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -0.8% | 0.03% | −0.00 |
| UPS United Parcel Service Class B | Reduce -2.5% | 0.07% | +0.01 |
| LRCX Lam Research Corp. | Reduce -3.4% | 0.07% | +0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -1.9% | 0.28% | +0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| SPEM State Street SP PTF Em ETF | New | 1.60% | +1.60 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +275.1% | 0.64% | +0.46 |
| VONV Vanguard Russell 1000 Value | Add +8.4% | 4.49% | +0.24 |
| SGOV iShares 0-3 Month Treasury B | New | 0.18% | +0.18 |
| GSIE Goldman Sachs Activebeta Int | Add +4.3% | 5.71% | +0.16 |
| BND Vanguard Total Bond Market | Add +7.8% | 8.58% | +0.12 |
| V Visa Inc. Class A | Add +82.7% | 0.25% | +0.11 |
| GTO Invesco Total Return Bond Et | Add +7.4% | 7.01% | +0.08 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +3.5% | 5.61% | +0.08 |
| VONG Vanguard Russell 1000 Growth | Add +170.4% | 0.13% | +0.08 |
| GOOG Alphabet Inc. Class C | Add +2.6% | 0.40% | +0.08 |
| HTRB Hartford TTL RTRN BND ETF | Add +9.9% | 2.31% | +0.07 |
| AVEM Avantis Emerging Markets Eq | New | 0.07% | +0.07 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Add +49.4% | 0.20% | +0.06 |
| QINT American Century QLTY Diver | New | 0.06% | +0.06 |
| SCHB Schwab US Broad Market ETF | Add +14.5% | 0.58% | +0.05 |
| GUNR NT Mstar GLBL NR ETF | Add +5.8% | 1.10% | +0.05 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +42.9% | 0.15% | +0.04 |
| CAT Caterpillar Inc. | New | 0.04% | +0.04 |
| MU Micron Technology Inc. | New | 0.04% | +0.04 |
| QEFA STSR SPD MSC Eaf Stgfs-US Inc. | Add +5.7% | 1.17% | +0.03 |
| MRK Merck & Co. Inc. | New | 0.03% | +0.03 |
| VCRM Vanguard Core Tax-Ex Bond | Add +14.8% | 0.37% | +0.03 |
| SCHF Schwab Intl Equity ETF | Add +19.0% | 0.22% | +0.03 |
| MATX Matson Inc. | New | 0.03% | +0.03 |
| BA The Boeing Co. | New | 0.03% | +0.03 |
| GS Goldman Sachs Group Inc. | New | 0.03% | +0.03 |
| AVGO Broadcom Inc. | New | 0.03% | +0.03 |
| QCOM Qualcomm Inc. | New | 0.03% | +0.03 |
| ED Consolidated Edison Inc. | New | 0.03% | +0.03 |
| HSBC HSBC Holdings PLC-Spons ADR | New | 0.03% | +0.03 |
| META Meta Platforms Inc. Class A | Add +48.5% | 0.12% | +0.02 |
| NVDA Nvidia Corp. | Add +9.8% | 0.60% | +0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +48.1% | 0.07% | +0.02 |
| LLY Eli Lilly & Co. | Add +2.6% | 0.06% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +57.1% | 0.04% | +0.02 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +51.7% | 0.04% | +0.01 |
| CMF iShares California Muni Bond | Add +6.0% | 1.48% | +0.01 |
| NMR Nomura Holdings Inc.-Spon ADR | New | 0.01% | +0.01 |
| PSR Invesco Active US Real Estat | Add +27.2% | 0.08% | +0.01 |
| EFA iShares MSCI Eafe ETF | Add +4.2% | 0.99% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +19.9% | 0.13% | +0.01 |
| FLSP Franklin Systematic Style PR | Add +22.7% | 0.08% | +0.01 |
| ESGD iShares Trust iShares ESG Aw | Add +6.0% | 0.46% | +0.01 |
| WMT Walmart Inc. | Add +31.2% | 0.04% | +0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +17.8% | 0.09% | +0.01 |
| AXP American Express Co. | Add +19.8% | 0.04% | +0.01 |
| XOM Exxon Mobil Corp. | Add +20.4% | 0.04% | +0.01 |
| EAGG iShares ESG Aware US Aggrega | Add +7.5% | 0.55% | +0.01 |
| WFC Wells Fargo & Co. | Add +8.6% | 0.05% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 164 | $853.4M | VOO, BND, SCHG, GTO, SPDW |
| Q1 2026 | 152 | $818.0M | VOO, BND, SCHG, GTO, SPDW |
| Q4 2025 | 146 | $769.5M | VOO, SCHG, BND, GTO, GSIE |
| Q3 2025 | 137 | $726.8M | VOO, SCHG, BND, GTO, GSIE |
| Q2 2025 | 134 | $684.5M | VOO, SCHG, BND, GTO, GSIE |
| Q1 2025Amended | 119 | $636.9M | VOO, BND, SCHG, GTO, GSIE |
| Q4 2024 | 115 | $639.0M | SCHG, VOO, BND, GTO, COWZ |
| Q3 2024 | 106 | $628.5M | SCHG, VOO, BND, GTO, COWZ |
| Q2 2024 | 96 | $606.5M | SCHG, VOO, BIV, GTO, COWZ |
| Q1 2024 | 94 | $593.0M | SCHG, VOO, BIV, GTO, COWZ |