Emerald Advisors, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), Emerald Advisors, LLC reported 113 stock positions worth $734.9 million. Its top holding was Costco Wholesale (COST) at 75.1% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 2.0%) and iShares Core MSCI Emerging (IEMG, 1.5%). Compared with Q3 2025, it opened 12 new positions, sold out of 1, added to 52 and reduced 37. The biggest buy was Fidelity Enhanced Intl ETF (FENI, shares +614%) and the biggest sale iShares Core MSCI Eafe ETF (IEFA, shares −32%).

Most Recent 13F
Q2 2026
Location
BELLEVUE, WA
CIK
0001802611
Portfolio Value
$734.9M (Q4 2025)
SEC Filing
0001802611-26-000001 ↗ filed Jan 27, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $561.9M Q1 2024 Q2 2024: $658.6M Q2 2024 Q3 2024: $690.9M Q3 2024 Q4 2024: $725.6M Q4 2024 Q1 2025: $752.5M Q1 2025 Q2 2025: $780.1M Q2 2025 Q3 2025: $753.6M Q3 2025 Q4 2025: $734.9M $734.9M Q4 2025 Q1 2026: $805.3M Q1 2026 Q2 2026: $795.8M Q2 2026

Holdings 113 stocks · $734.9M
COST Costco Wholesale Corp. 75.07% 639,762 $551.7M Add +2.6%
VTV Vanguard Mrngstr Val ETF-Aui 1.96% 75,321 $14.4M Reduce -7.3%
IEMG iShares Core MSCI Emerging 1.47% 160,987 $10.8M Add +11.1%
IVV iShares Core S&P 500 ETF 1.30% 13,978 $9.6M Add +13.8%
MSFT Microsoft Corp. 1.17% 17,819 $8.6M Add +41.1%
VUG Vanguard Mrngstar GR ETF-Sui 1.13% 17,097 $8.3M Reduce -10.0%
IQLT iShares MSCI International Q 0.87% 141,342 $6.4M Reduce -30.0%
AAPL Apple Inc. 0.86% 23,288 $6.3M Add +5.7%
IEFA iShares Core MSCI Eafe ETF 0.84% 69,090 $6.2M Reduce -31.6%
GSLC Goldman Activebeta US LC ETF 0.73% 40,683 $5.4M Reduce -26.2%
FENI Fidelity Enhanced Intl ETF 0.64% 129,571 $4.7M Add +614.2%
AMZN Amazon.com Inc. 0.63% 19,952 $4.6M Add +11.0%
GOOG Alphabet Inc. Class C 0.60% 14,168 $4.4M Reduce -0.6%
SCHD Schwab US DVD Equity ETF 0.56% 149,553 $4.1M Add +8.8%
IJR iShares Core S&P Small-Cap E 0.42% 25,979 $3.1M Reduce -32.8%
USMV iShares MSCI USA Min Vol Fac 0.40% 31,538 $3.0M Reduce -30.2%
REET iShares Global REIT ETF 0.36% 105,245 $2.6M Add +8.8%
NVDA Nvidia Corp. 0.35% 13,899 $2.6M Add +1.2%
VIG Vanguard Dividend Apprec ETF 0.34% 11,447 $2.5M Add +7.8%
AVGO Broadcom Inc. 0.33% 7,020 $2.4M Add +13.7%
SCHV Schwab US Large-Cap Value 0.27% 67,095 $2.0M Reduce -0.0%
CSCO Cisco Systems Inc. 0.25% 24,080 $1.9M Add +5.9%
BKCH Global X Blockchain ETF 0.25% 28,990 $1.9M Reduce -9.1%
QQQM Invesco Nasdaq 100 ETF 0.24% 7,092 $1.8M Add +2.3%
BOTZ Global X Robotics & Artifici 0.24% 48,444 $1.8M Reduce -7.0%
GOOGL Alphabet Inc. Class A 0.23% 5,470 $1.7M Add +1.6%
XOM Exxon Mobil Corp. 0.23% 14,136 $1.7M Add +6.2%
GSIE Goldman Sachs Activebeta Int 0.23% 39,336 $1.7M Reduce -8.0%
KO The Coca-Cola Co. 0.22% 23,584 $1.6M Add +11.7%
HD Home Depot Inc. 0.22% 4,784 $1.6M Add +12.1%
MRK Merck & Co. Inc. 0.21% 14,822 $1.6M Add +2.4%
PEP Pepsico Inc. 0.21% 10,618 $1.5M Add +8.0%
AMGN Amgen Inc. 0.21% 4,638 $1.5M Add +0.6%
NEM Newmont Corp. 0.20% 14,704 $1.5M Reduce -7.0%
ABBV Abbvie Inc. 0.20% 6,378 $1.5M Add +0.3%
SGOV iShares 0-3 Month Treasury B 0.19% 14,125 $1.4M Reduce -15.0%
BBIN JPM Betabuilders Intl Eqty filed as J P MORGAN EXCHANGE TRADED F 0.19% 19,216 $1.4M Reduce -1.1%
LMT Lockheed Martin Corp. 0.18% 2,811 $1.4M Add +4.3%
FSMD Fidelity Small-Mid Multifact 0.18% 30,720 $1.4M Add +323.7%
CVX Chevron Corp. 0.18% 8,595 $1.3M Add +4.1%
JPM JPMorgan Chase & Co. 0.18% 4,021 $1.3M Reduce -0.3%
CIBR First Trust Nasdaq Cybersecu 0.17% 17,817 $1.3M Reduce -9.3%
BMY Bristol-Myers Squibb Co. 0.17% 23,500 $1.3M Add +15.9%
SCHE Schwab Emrg Mrkts Eqty ETF 0.17% 38,603 $1.3M Reduce -3.4%
JIVE JPM Interntl Value ETF filed as J P MORGAN EXCHANGE TRADED F 0.16% 14,988 $1.2M New
TXN Texas Instruments Inc. 0.16% 6,886 $1.2M Add +0.8%
LLY Eli Lilly & Co. 0.16% 1,091 $1.2M Add +0.6%
VZ Verizon Communications Inc. 0.15% 27,680 $1.1M Add +10.7%
FUTY Fidelity MSCI US Utilities 0.14% 18,261 $1.0M Add +12.2%
SPYM Ste STR SPDR PT S&P 500 ETF 0.14% 12,568 $1.0M Add +7.1%
BRK.B Berkshire Hathaway Inc. Class B 0.13% 1,943 $977K Reduce -3.8%
BITB Bitwise Bitcoin ETF 0.13% 20,372 $969K Add +12.1%
QQQ Invesco QQQ Trust Series 1 0.13% 1,529 $939K Add +8.4%
VTI VG Morningstar TS MKT ETF-US 0.13% 2,770 $929K No change
VMC Vulcan Materials Co. 0.12% 3,201 $913K No change
PG The Procter & Gamble Co. 0.12% 6,316 $905K Add +20.2%
ICSH iShares Ultra Short Duration 0.12% 16,967 $858K Reduce -12.8%
XEL Xcel Energy Inc. 0.11% 11,366 $839K No change
RTX RTX Corp. 0.11% 4,529 $831K Add +42.7%
V Visa Inc. Class A 0.11% 2,363 $829K Add +3.2%
UPS United Parcel Service Class B 0.11% 8,073 $801K Add +18.0%
JNJ Johnson & Johnson 0.11% 3,805 $787K Add +8.3%
EOG EOG Resources Inc. 0.09% 6,495 $682K Reduce -3.2%
VLO Valero Energy Corp. 0.09% 4,132 $673K Reduce -5.4%
ORCL Oracle Corp. 0.09% 3,423 $667K Add +85.9%
VTWO Vanguard Russell 2000 ETF 0.09% 6,703 $667K Reduce -0.0%
VWO Vanguard Ftse Emerging Marke 0.09% 12,243 $658K Reduce -2.9%
BLK BlackRock Inc. 0.09% 590 $631K Reduce -11.3%
META Meta Platforms Inc. Class A 0.09% 953 $629K Add +20.6%
NFLX Netflix Inc. 0.08% 6,450 $605K Reduce -15.7%
OKE Oneok Inc. 0.07% 7,481 $550K Add +7.3%
FAST Fastenal Co. 0.07% 13,688 $549K Add +2.4%
SLB SLB Ltd. filed as SLB LIMITED 0.07% 13,836 $531K Add +11.9%
VONG Vanguard Russell 1000 Growth 0.07% 4,312 $525K Reduce -9.5%
PAYX Paychex Inc. 0.07% 4,421 $496K Add +13.6%
F Ford Motor Co. filed as FORD MTR CO 0.07% 37,365 $490K Reduce -5.2%
SBUX Starbucks Corp. 0.06% 5,478 $461K Reduce -6.2%
TSLA Tesla Inc. 0.06% 990 $445K Add +10.6%
MA Mastercard Inc. Class A 0.06% 742 $423K Add +4.5%
VEA Vanguard Ftse Developed ETF 0.06% 6,771 $423K Reduce -10.3%
UNH Unitedhealth Group Inc. 0.05% 1,211 $400K Add +19.2%
KMB Kimberly-Clark Corp. 0.05% 3,890 $393K Add +12.0%
BLOK Amplify Blockchain Tech ETF 0.05% 6,670 $379K No change
ETHA iShares Ethereum Trust ETF 0.05% 16,452 $369K New
VDC Vanguard Consumer Staple ETF 0.05% 1,659 $350K No change
LIN Linde PLC 0.05% 812 $346K Add +4.0%
JAAA Janus Henderson Aaa Clo ETF 0.05% 6,836 $346K Add +2.6%
VGT Vanguard Info Tech ETF 0.05% 455 $343K Reduce -0.2%
JPIE JPMorgan Income ETF 0.04% 6,877 $318K Add +39.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 1,058 $314K New
JPST JPMorgan Ultra-Short Income 0.04% 5,990 $303K Reduce -0.3%
IWR iShares Russell Mid-Cap ETF 0.04% 3,117 $300K No change
MCD McDonald's Corp. 0.04% 874 $267K New
HON Honeywell International Inc. 0.04% 1,350 $263K New
TSM Taiwan Semiconductor-SP ADR 0.04% 859 $261K No change
RWO State Street SPDR Dow Jones 0.04% 5,736 $258K Reduce -1.8%
GIS General Mills Inc. 0.04% 5,535 $257K Add +20.3%
ING ING Groep N.V.-Sponsored ADR 0.03% 8,680 $243K New
CAT Caterpillar Inc. 0.03% 416 $238K New
TRV The Travelers Cos Inc. 0.03% 775 $225K No change
GD General Dynamics Corp. 0.03% 659 $222K New
PFE Pfizer Inc. 0.03% 8,837 $220K Reduce -23.5%
CSX CSX Corp. 0.03% 6,059 $220K No change
QCOM Qualcomm Inc. 0.03% 1,247 $213K New
SKYY First Trust Cloud Computing 0.03% 1,607 $209K No change
EXPD Expeditors Intl Wash Inc. 0.03% 1,395 $208K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.03% 1,822 $207K New
SPYV SS SPDR P S&P 500 Value ETF 0.03% 3,622 $206K No change
DE Deere & Co. 0.03% 441 $205K Reduce -1.1%
USB US Bancorp 0.03% 3,782 $202K Reduce -22.3%
BNDX Vanguard Total Intl Bond ETF 0.03% 4,164 $201K Reduce -1.4%
UIS Unisys Corp. 0.01% 17,292 $48K No change
STRIVE INC 0.00% 14,000 $10K New

Portfolio Sells Q3 2025 → Q4 2025
IEFA iShares Core MSCI Eafe ETF Reduce -31.6% 0.84% −0.33
IQLT iShares MSCI International Q Reduce -30.0% 0.87% −0.31
GSLC Goldman Activebeta US LC ETF Reduce -26.2% 0.73% −0.22
IJR iShares Core S&P Small-Cap E Reduce -32.8% 0.42% −0.18
USMV iShares MSCI USA Min Vol Fac Reduce -30.2% 0.40% −0.17
BKCH Global X Blockchain ETF Reduce -9.1% 0.25% −0.11
VUG Vanguard Mrngstar GR ETF-Sui Reduce -10.0% 1.13% −0.07
VTV Vanguard Mrngstr Val ETF-Aui Reduce -7.3% 1.96% −0.05
NFLX Netflix Inc. Reduce -15.7% 0.08% −0.04
BIL SS SPDR BB 1-3M T-Bill ETF Sold out 0.00% −0.04
SGOV iShares 0-3 Month Treasury B Reduce -15.0% 0.19% −0.03
CIBR First Trust Nasdaq Cybersecu Reduce -9.3% 0.17% −0.03
BLK BlackRock Inc. Reduce -11.3% 0.09% −0.02
ICSH iShares Ultra Short Duration Reduce -12.8% 0.12% −0.01
PFE Pfizer Inc. Reduce -23.5% 0.03% −0.01
VLO Valero Energy Corp. Reduce -5.4% 0.09% −0.01
EOG EOG Resources Inc. Reduce -3.2% 0.09% −0.01
BOTZ Global X Robotics & Artifici Reduce -7.0% 0.24% −0.01
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -3.4% 0.17% −0.01
VONG Vanguard Russell 1000 Growth Reduce -9.5% 0.07% −0.00
USB US Bancorp Reduce -22.3% 0.03% −0.00
GSIE Goldman Sachs Activebeta Int Reduce -8.0% 0.23% −0.00
SBUX Starbucks Corp. Reduce -6.2% 0.06% −0.00
VEA Vanguard Ftse Developed ETF Reduce -10.3% 0.06% −0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -3.8% 0.13% −0.00
VWO Vanguard Ftse Emerging Marke Reduce -2.9% 0.09% −0.00
RWO State Street SPDR Dow Jones Reduce -1.8% 0.04% −0.00
BNDX Vanguard Total Intl Bond ETF Reduce -1.4% 0.03% −0.00
JPST JPMorgan Ultra-Short Income Reduce -0.3% 0.04% +0.00
DE Deere & Co. Reduce -1.1% 0.03% +0.00
VGT Vanguard Info Tech ETF Reduce -0.2% 0.05% +0.00
VTWO Vanguard Russell 2000 ETF Reduce -0.0% 0.09% +0.00
F Ford Motor Co. Reduce -5.2% 0.07% +0.00
JPM JPMorgan Chase & Co. Reduce -0.3% 0.18% +0.01
BBIN JPM Betabuilders Intl Eqty Reduce -1.1% 0.19% +0.01
SCHV Schwab US Large-Cap Value Reduce -0.0% 0.27% +0.01
NEM Newmont Corp. Reduce -7.0% 0.20% +0.02
GOOG Alphabet Inc. Class C Reduce -0.6% 0.60% +0.14

Portfolio Buys Q3 2025 → Q4 2025
FENI Fidelity Enhanced Intl ETF Add +614.2% 0.64% +0.56
MSFT Microsoft Corp. Add +41.1% 1.17% +0.30
IVV iShares Core S&P 500 ETF Add +13.8% 1.30% +0.21
IEMG iShares Core MSCI Emerging Add +11.1% 1.47% +0.20
JIVE JPM Interntl Value ETF New 0.16% +0.16
FSMD Fidelity Small-Mid Multifact Add +323.7% 0.18% +0.14
AAPL Apple Inc. Add +5.7% 0.86% +0.12
AMZN Amazon.com Inc. Add +11.0% 0.63% +0.10
AVGO Broadcom Inc. Add +13.7% 0.33% +0.06
SCHD Schwab US DVD Equity ETF Add +8.8% 0.56% +0.06
GOOGL Alphabet Inc. Class A Add +1.6% 0.23% +0.06
BMY Bristol-Myers Squibb Co. Add +15.9% 0.17% +0.05
MRK Merck & Co. Inc. Add +2.4% 0.21% +0.05
ETHA iShares Ethereum Trust ETF New 0.05% +0.05
LLY Eli Lilly & Co. Add +0.6% 0.16% +0.05
CSCO Cisco Systems Inc. Add +5.9% 0.25% +0.05
IBM Intl Business Machines Corp. New 0.04% +0.04
RTX RTX Corp. Add +42.7% 0.11% +0.04
KO The Coca-Cola Co. Add +11.7% 0.22% +0.04
VIG Vanguard Dividend Apprec ETF Add +7.8% 0.34% +0.04
MCD McDonald's Corp. New 0.04% +0.04
HON Honeywell International Inc. New 0.04% +0.04
AMGN Amgen Inc. Add +0.6% 0.21% +0.03
ING ING Groep N.V.-Sponsored ADR New 0.03% +0.03
UPS United Parcel Service Class B Add +18.0% 0.11% +0.03
CAT Caterpillar Inc. New 0.03% +0.03
XOM Exxon Mobil Corp. Add +6.2% 0.23% +0.03
GD General Dynamics Corp. New 0.03% +0.03
REET iShares Global REIT ETF Add +8.8% 0.36% +0.03
QCOM Qualcomm Inc. New 0.03% +0.03
EXPD Expeditors Intl Wash Inc. New 0.03% +0.03
DIS The Walt Disney Co. New 0.03% +0.03
PEP Pepsico Inc. Add +8.0% 0.21% +0.02
ORCL Oracle Corp. Add +85.9% 0.09% +0.02
JNJ Johnson & Johnson Add +8.3% 0.11% +0.02
QQQM Invesco Nasdaq 100 ETF Add +2.3% 0.24% +0.02
PG The Procter & Gamble Co. Add +20.2% 0.12% +0.02
SLB SLB Ltd. Add +11.9% 0.07% +0.02
QQQ Invesco QQQ Trust Series 1 Add +8.4% 0.13% +0.02
FUTY Fidelity MSCI US Utilities Add +12.2% 0.14% +0.02
SPYM Ste STR SPDR PT S&P 500 ETF Add +7.1% 0.14% +0.02
JPIE JPMorgan Income ETF Add +39.0% 0.04% +0.01
NVDA Nvidia Corp. Add +1.2% 0.35% +0.01
V Visa Inc. Class A Add +3.2% 0.11% +0.01
META Meta Platforms Inc. Class A Add +20.6% 0.09% +0.01
CVX Chevron Corp. Add +4.1% 0.18% +0.01
TSLA Tesla Inc. Add +10.6% 0.06% +0.01
UNH Unitedhealth Group Inc. Add +19.2% 0.05% +0.01
VZ Verizon Communications Inc. Add +10.7% 0.15% +0.01
OKE Oneok Inc. Add +7.3% 0.07% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 130$795.8MCOST, IEMG, VTV, IVV, FENI
Q1 2026 117$805.3MCOST, VTV, IEMG, IVV, FENI
Q4 2025 113$734.9MCOST, VTV, IEMG, IVV, MSFT
Q3 2025 102$753.6MCOST, VTV, IEMG, VUG, IQLT
Q2 2025 101$780.1MCOST, VTV, IEMG, IQLT, VUG
Q1 2025 94$752.5MCOST, VTV, IEMG, IQLT, IEFA
Q4 2024 92$725.6MCOST, VTV, IEMG, VUG, IQLT
Q3 2024 91$690.9MCOST, VTV, IEMG, IQLT, IEFA
Q2 2024 87$658.6MCOST, VTV, IEMG, IQLT, IEFA
Q1 2024 92$561.9MCOST, VTV, IQLT, IEMG, IEFA