Gradient Capital Advisors, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 22, 2024), Gradient Capital Advisors, LLC reported 140 stock positions worth $279.8 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 9.8% of the portfolio, followed by Apple (AAPL, 6.4%) and Vanguard S/T Corp. Bond ETF (VCSH, 3.9%). Compared with Q1 2024, it opened 3 new positions, sold out of 2, added to 55 and reduced 56. The biggest buy was Dimensional Short Duration (DFSD, shares +30%) and the biggest sale Schwab Intl Equity ETF (SCHF, shares −5%).

Most Recent 13F
Q2 2026
Location
SAN DIEGO, CA
CIK
0001727917
Portfolio Value
$279.8M (Q2 2024)
SEC Filing
0001727917-24-000006 ↗ filed Jul 22, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $272.4M Q1 2024 Q2 2024: $279.8M $279.8M Q2 2024 Q3 2024: $302.0M Q3 2024 Q4 2024: $310.2M Q4 2024 Q1 2025: $306.4M Q1 2025 Q2 2025: $338.5M Q2 2025 Q3 2025: $373.1M Q3 2025 Q4 2025: $388.0M Q4 2025 Q1 2026: $385.8M Q1 2026 Q2 2026: $431.8M Q2 2026

Holdings 140 stocks · $279.8M
IVV iShares Core S&P 500 ETF 9.82% 50,190 $27.5M Reduce -3.8%
AAPL Apple Inc. 6.43% 85,372 $18.0M Reduce -3.8%
VCSH Vanguard S/T Corp. Bond ETF 3.92% 141,924 $11.0M Add +10.4%
SPDW Ste STR SPDR PT DW Eu ETF 3.66% 291,816 $10.2M Add +0.4%
SCHF Schwab Intl Equity ETF 3.37% 245,528 $9.4M Reduce -4.6%
SCHM Schwab US Mid Cap ETF 2.79% 100,372 $7.8M Add +1.6%
DFAT Dimensional US Target Value 2.54% 136,801 $7.1M Reduce -1.8%
VTIP Vanguard Short-Term Tips 2.43% 139,801 $6.8M Add +2.8%
MSFT Microsoft Corp. 2.42% 15,122 $6.8M Reduce -1.0%
JPST JPMorgan Ultra-Short Income 2.38% 131,910 $6.7M Reduce -1.1%
SCHX Schwab US Large-Cap ETF 2.33% 101,509 $6.5M Reduce -2.5%
DFSD Dimensional Short Duration 2.00% 119,215 $5.6M Add +30.0%
JPM JPMorgan Chase & Co. 1.84% 25,475 $5.2M Add +1.2%
DFUV Dimensional US Marketwide Va 1.82% 129,565 $5.1M Reduce -0.6%
DFEM Dimensional Emrg MRKT Core 1.78% 186,600 $5.0M Add +3.9%
TSLA Tesla Inc. 1.76% 24,914 $4.9M Reduce -3.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.74% 19,464 $4.9M Reduce -1.6%
VEA Vanguard Ftse Developed ETF 1.67% 94,410 $4.7M Add +1.5%
VOO Vanguard S&P 500 ETF 1.55% 8,651 $4.3M Reduce -13.3%
GOOGL Alphabet Inc. Class A 1.48% 22,759 $4.1M Add +7.1%
VUG Vanguard Mrngstar GR ETF-Sui 1.46% 10,938 $4.1M Reduce -0.6%
VXUS Vanguard Total Intl Stock 1.40% 64,783 $3.9M Reduce -2.9%
DFAR Dimensional US Real Est ETF 1.35% 171,103 $3.8M Add +3.4%
NVDA Nvidia Corp. 1.29% 29,261 $3.6M Add +7.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.28% 14,825 $3.6M Add +0.6%
BRK.B Berkshire Hathaway Inc. Class B 1.18% 8,102 $3.3M Add +1.6%
SCHD Schwab US DVD Equity ETF 1.16% 41,763 $3.2M Add +5.6%
META Meta Platforms Inc. Class A 1.14% 6,326 $3.2M Add +3.3%
IGSB iShares 1-5Y Inv Grade Corp. 1.08% 59,091 $3.0M Add +22.4%
VB Vanguard Most SM-Cap ETF-Usd 1.06% 13,576 $3.0M Reduce -7.9%
DFAX Dimensional World Ex US Core 1.01% 110,637 $2.8M Add +3.4%
LRCX Lam Research Corp. 0.93% 2,431 $2.6M Reduce -1.6%
VNQI Vanguard GLBL Ex-US Real Est 0.91% 62,686 $2.5M Add +2.4%
DFSV Dimensional US Small Cap Val 0.73% 70,953 $2.0M Add +13.7%
DISV Dimensional International SM 0.72% 74,721 $2.0M Add +2.4%
QCOM Qualcomm Inc. 0.65% 9,129 $1.8M Add +0.9%
CVX Chevron Corp. 0.65% 11,542 $1.8M Reduce -0.2%
WPC WP Carey Inc. 0.64% 32,656 $1.8M Reduce -0.7%
AMZN Amazon.com Inc. 0.62% 8,970 $1.7M Reduce -0.1%
AVGO Broadcom Inc. 0.62% 1,075 $1.7M Add +5.2%
DFAE Dimensional Emerging Core Eq 0.60% 65,187 $1.7M Add +1.1%
SCHB Schwab US Broad Market ETF 0.58% 25,934 $1.6M Reduce -1.1%
AMD Advanced Micro Devices 0.56% 9,667 $1.6M Add +6.5%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.54% 8,353 $1.5M Reduce -3.4%
GLDM SPDR Gold Minishares Trust 0.54% 32,968 $1.5M Reduce -0.8%
VTV Vanguard Mrngstr Val ETF-Aui 0.54% 9,418 $1.5M Add +37.2%
VNQ Vanguard Real Estate ETF 0.52% 17,271 $1.4M Reduce -3.5%
AVDV Avantis Intl S/C Value ETF 0.49% 21,179 $1.4M Reduce -2.1%
DFLV Dim US Large Cap Value ETF 0.46% 44,640 $1.3M Add +7.5%
VTI VG Morningstar TS MKT ETF-US 0.44% 4,650 $1.2M Reduce -1.5%
GLD SPDR Gold Shares 0.44% 5,697 $1.2M Add +7.2%
VEU Vanguard Ftse All-World Ex-U 0.43% 20,352 $1.2M Reduce -11.7%
SCHV Schwab US Large-Cap Value 0.41% 15,577 $1.2M Reduce -3.5%
AMGN Amgen Inc. 0.40% 3,569 $1.1M Add +0.3%
IWM iShares Russell 2000 ETF 0.39% 5,316 $1.1M Add +3.4%
SCHA Schwab US Small-Cap ETF 0.38% 22,384 $1.1M Reduce -0.5%
VIG Vanguard Dividend Apprec ETF 0.37% 5,733 $1.0M Reduce -2.9%
AVUV Avantis US Small Cap Value 0.37% 11,489 $1.0M Reduce -4.7%
BSV Vanguard Short-Term Bond ETF 0.36% 13,204 $1.0M Reduce -0.5%
LMT Lockheed Martin Corp. 0.33% 2,006 $937K Add +3.4%
JNJ Johnson & Johnson 0.33% 6,349 $928K Reduce -14.6%
SCHZ Schwab US Aggregate Bond ETF 0.33% 19,992 $911K Reduce -2.1%
SCHH Schwab US REIT ETF 0.32% 45,068 $900K Add +1.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.32% 22,533 $896K Reduce -0.9%
HD Home Depot Inc. 0.31% 2,522 $868K Add +0.4%
XLP SS Consumer Staples Sel Sect 0.31% 11,228 $860K Reduce -6.0%
VWO Vanguard Ftse Emerging Marke 0.31% 19,645 $860K Reduce -2.0%
VHT Vanguard Health Care ETF 0.31% 3,218 $856K Reduce -5.3%
CSCO Cisco Systems Inc. 0.30% 17,429 $828K Reduce -6.7%
VUSB Vanguard Ultra Short Bond Et 0.28% 15,887 $787K Add +4.9%
IBDW iShares Ibonds Dec 2031 Corp. 0.25% 34,642 $703K Add +5.5%
IJR iShares Core S&P Small-Cap E 0.24% 6,397 $682K Add +0.0%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.24% 13,256 $673K No change
DFAC Dimensional US Core Equity 2 0.24% 20,634 $665K Reduce -0.6%
VYM Vanguard High DVD Yield ETF 0.24% 5,598 $664K Reduce -0.1%
GOOG Alphabet Inc. Class C 0.23% 3,561 $653K Reduce -0.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.23% 1,178 $641K Reduce -8.0%
IBDX iShares Ibonds Dec 2032 TC 0.23% 26,040 $640K Add +8.1%
V Visa Inc. Class A 0.23% 2,403 $631K No change
PFE Pfizer Inc. 0.22% 22,464 $629K Add +0.5%
TSM Taiwan Semiconductor-SP ADR 0.22% 3,575 $621K Add +0.6%
DFIC Dimensional International Co. 0.22% 22,962 $604K No change
SCHP Schwab U.S. Tips ETF 0.21% 11,222 $584K Add +0.1%
SPSB SS SPDR P St C Corp. ETF 0.20% 19,294 $573K Reduce -12.6%
BX Blackstone Inc. 0.20% 4,487 $555K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.19% 5,062 $542K Add +6.5%
IBDV iShares Ibonds Dec 2030 Corp. 0.18% 24,339 $517K Add +13.3%
IVW iShares S&P 500 Growth ETF 0.18% 5,486 $508K Add +7.1%
IVE iShares S&P 500 Value ETF 0.18% 2,759 $502K No change
AGG iShares Core U.S. Aggregate 0.18% 5,140 $499K No change
NFLX Netflix Inc. 0.18% 730 $493K Reduce -4.0%
QQQ Invesco QQQ Trust Series 1 0.17% 1,005 $482K No change
DFAI Dimensional International Co. 0.17% 16,092 $477K No change
IEFA iShares Core MSCI Eafe ETF 0.17% 6,368 $463K Reduce -3.3%
CAT Caterpillar Inc. 0.16% 1,375 $458K Reduce -7.3%
XOM Exxon Mobil Corp. 0.16% 3,871 $446K Add +1.7%
COST Costco Wholesale Corp. 0.16% 520 $442K No change
LULU Lululemon Athletica Inc. 0.16% 1,460 $436K Reduce -25.5%
BSMV Invesco Bulletshares 2031 MB 0.15% 19,704 $413K No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.14% 15,272 $406K Reduce -5.3%
REGN Regeneron Pharmaceuticals 0.14% 384 $404K No change
INTC Intel Corp. 0.14% 13,016 $403K Reduce -1.4%
ADBE Adobe Inc. 0.14% 721 $401K Reduce -2.7%
SPLV Invesco S&P 500 Low Volatili 0.14% 6,138 $399K Reduce -8.3%
EFA iShares MSCI Eafe ETF 0.14% 4,885 $383K No change
POWR iShares US Power Infrastruct 0.14% 14,640 $380K Add +1.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.13% 3,795 $377K Add +0.2%
INTU Intuit Inc. 0.13% 558 $367K Reduce -1.6%
ACN Accenture PLC Class A 0.13% 1,161 $352K No change
DTD Wisdomtree US Total Dividend 0.12% 4,934 $349K Reduce -22.1%
MRK Merck & Co. Inc. 0.12% 2,812 $348K No change
IJH iShares Core S&P Midcap ETF 0.12% 5,713 $334K No change
DFUS Dimensional US Eq MKT ETF 0.12% 5,527 $325K Reduce -22.6%
SPTM SS SPDR P S&P 1500 Comp ETF 0.11% 4,752 $315K Reduce -1.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.11% 1,823 $315K Add +0.3%
XLE SS Energy Select Sector 0.11% 3,431 $313K Add +7.2%
CRM Salesforce Inc. 0.11% 1,201 $309K Add +0.5%
YUM Yum! Brands Inc. 0.11% 2,325 $308K No change
GHY Pgim Global High Yield Fund 0.11% 25,764 $306K No change
BLK BlackRock Finance Inc. 0.11% 385 $303K No change
IBDU iShares Ibonds Dec 2029 Term 0.10% 12,911 $293K Add +15.6%
BA The Boeing Co. 0.10% 1,585 $289K Reduce -8.8%
PG The Procter & Gamble Co. 0.10% 1,741 $287K No change
AVLV Avantis US Large Cap Value 0.10% 4,516 $284K Add +1.6%
IBDR iShares Ibonds Dec 2026 Term 0.10% 11,834 $282K Add +23.2%
SJNK SS SPDR BB St Hi Yield ETF 0.10% 11,241 $281K No change
FDX FedEx Corp. 0.10% 924 $277K No change
IYW iShares Ustechnology ETF 0.09% 1,760 $265K No change
SBUX Starbucks Corp. 0.09% 3,359 $262K Add +1.0%
WFC Wells Fargo & Co. 0.09% 4,260 $253K Add +0.4%
PANW Palo Alto Networks Inc. 0.09% 710 $241K New
ICF iShares Select U.S. REIT ETF 0.08% 4,120 $236K No change
VYMI Vanguard Int High DVD YLD Inc. 0.08% 3,410 $234K Add +2.9%
ABBV Abbvie Inc. 0.08% 1,323 $227K Add +0.1%
IBDS Ishrs Ibnds Dec 27 Corp. ETF 0.08% 9,546 $227K New
TIP iShares Tips Bond ETF 0.08% 2,119 $226K Reduce -4.6%
XLF SS Financial Select Sector 0.08% 5,197 $214K No change
BILS SS Spdrb B 3-12M T-Bill ETF 0.07% 2,084 $207K New
BSMU Invesco Bulletshares 2030 MB 0.07% 9,381 $204K No change
IMMUNOPRECISE ANTIBODIES LTD 0.01% 26,808 $27K No change

Portfolio Sells Q1 2024 → Q2 2024
SCHF Schwab Intl Equity ETF Reduce -4.6% 3.37% −0.32
IVV iShares Core S&P 500 ETF Reduce -3.8% 9.82% −0.25
DFAT Dimensional US Target Value Reduce -1.8% 2.54% −0.25
VOO Vanguard S&P 500 ETF Reduce -13.3% 1.55% −0.21
VB Vanguard Most SM-Cap ETF-Usd Reduce -7.9% 1.06% −0.18
DFUV Dimensional US Marketwide Va Reduce -0.6% 1.82% −0.14
LULU Lululemon Athletica Inc. Reduce -25.5% 0.16% −0.13
JNJ Johnson & Johnson Reduce -14.6% 0.33% −0.10
JPST JPMorgan Ultra-Short Income Reduce -1.1% 2.38% −0.09
JCPI JP Morgan Inflation MGD Bond Sold out 0.00% −0.09
VXUS Vanguard Total Intl Stock Reduce -2.9% 1.40% −0.08
PDBC Invesco Optimum Yield Divers Sold out 0.00% −0.07
INTC Intel Corp. Reduce -1.4% 0.14% −0.07
VEU Vanguard Ftse All-World Ex-U Reduce -11.7% 0.43% −0.07
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -3.4% 0.54% −0.06
VNQ Vanguard Real Estate ETF Reduce -3.5% 0.52% −0.05
CSCO Cisco Systems Inc. Reduce -6.7% 0.30% −0.05
AVUV Avantis US Small Cap Value Reduce -4.7% 0.37% −0.05
SCHX Schwab US Large-Cap ETF Reduce -2.5% 2.33% −0.04
DTD Wisdomtree US Total Dividend Reduce -22.1% 0.12% −0.04
WPC WP Carey Inc. Reduce -0.7% 0.64% −0.04
SCHV Schwab US Large-Cap Value Reduce -3.5% 0.41% −0.04
SPSB SS SPDR P St C Corp. ETF Reduce -12.6% 0.20% −0.04
CAT Caterpillar Inc. Reduce -7.3% 0.16% −0.04
DFUS Dimensional US Eq MKT ETF Reduce -22.6% 0.12% −0.03
VHT Vanguard Health Care ETF Reduce -5.3% 0.31% −0.03
AVDV Avantis Intl S/C Value ETF Reduce -2.1% 0.49% −0.03
XLP SS Consumer Staples Sel Sect Reduce -6.0% 0.31% −0.03
SCHA Schwab US Small-Cap ETF Reduce -0.5% 0.38% −0.03
CVX Chevron Corp. Reduce -0.2% 0.65% −0.02
VIG Vanguard Dividend Apprec ETF Reduce -2.9% 0.37% −0.02
BA The Boeing Co. Reduce -8.8% 0.10% −0.02
SPLV Invesco S&P 500 Low Volatili Reduce -8.3% 0.14% −0.02
SCHZ Schwab US Aggregate Bond ETF Reduce -2.1% 0.33% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -8.0% 0.23% −0.02
IEFA iShares Core MSCI Eafe ETF Reduce -3.3% 0.17% −0.01
BSV Vanguard Short-Term Bond ETF Reduce -0.5% 0.36% −0.01
VYM Vanguard High DVD Yield ETF Reduce -0.1% 0.24% −0.01
TIP iShares Tips Bond ETF Reduce -4.6% 0.08% −0.01
DFAC Dimensional US Core Equity 2 Reduce -0.6% 0.24% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -1.5% 0.44% −0.01
SCHB Schwab US Broad Market ETF Reduce -1.1% 0.58% −0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -1.6% 1.74% −0.00
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -5.3% 0.14% −0.00
INTU Intuit Inc. Reduce -1.6% 0.13% −0.00
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -1.3% 0.11% −0.00
VWO Vanguard Ftse Emerging Marke Reduce -2.0% 0.31% −0.00
BAC Bank of America Corp. Reduce -0.9% 0.32% +0.00
GLDM SPDR Gold Minishares Trust Reduce -0.8% 0.54% +0.01
ADBE Adobe Inc. Reduce -2.7% 0.14% +0.01

Portfolio Buys Q1 2024 → Q2 2024
DFSD Dimensional Short Duration Add +30.0% 2.00% +0.42
NVDA Nvidia Corp. Add +7.2% 1.29% +0.39
GOOGL Alphabet Inc. Class A Add +7.1% 1.48% +0.30
VCSH Vanguard S/T Corp. Bond ETF Add +10.4% 3.92% +0.27
IGSB iShares 1-5Y Inv Grade Corp. Add +22.4% 1.08% +0.17
VTV Vanguard Mrngstr Val ETF-Aui Add +37.2% 0.54% +0.13
AVGO Broadcom Inc. Add +5.2% 0.62% +0.12
DFEM Dimensional Emrg MRKT Core Add +3.9% 1.78% +0.10
QCOM Qualcomm Inc. Add +0.9% 0.65% +0.09
PANW Palo Alto Networks Inc. New 0.09% +0.09
IBDS Ishrs Ibnds Dec 27 Corp. ETF New 0.08% +0.08
BILS SS Spdrb B 3-12M T-Bill ETF New 0.07% +0.07
META Meta Platforms Inc. Class A Add +3.3% 1.14% +0.05
TSM Taiwan Semiconductor-SP ADR Add +0.6% 0.22% +0.04
DFSV Dimensional US Small Cap Val Add +13.7% 0.73% +0.04
GLD SPDR Gold Shares Add +7.2% 0.44% +0.04
VTIP Vanguard Short-Term Tips Add +2.8% 2.43% +0.03
AMGN Amgen Inc. Add +0.3% 0.40% +0.03
IVW iShares S&P 500 Growth ETF Add +7.1% 0.18% +0.02
DFAE Dimensional Emerging Core Eq Add +1.1% 0.60% +0.02
IBDR iShares Ibonds Dec 2026 Term Add +23.2% 0.10% +0.02
IBDV iShares Ibonds Dec 2030 Corp. Add +13.3% 0.18% +0.02
IBDU iShares Ibonds Dec 2029 Term Add +15.6% 0.10% +0.01
LMT Lockheed Martin Corp. Add +3.4% 0.33% +0.01
IBDX iShares Ibonds Dec 2032 TC Add +8.1% 0.23% +0.01
DFAX Dimensional World Ex US Core Add +3.4% 1.01% +0.01
VUSB Vanguard Ultra Short Bond Et Add +4.9% 0.28% +0.01
IBDW iShares Ibonds Dec 2031 Corp. Add +5.5% 0.25% +0.00
DFLV Dim US Large Cap Value ETF Add +7.5% 0.46% +0.00
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +6.5% 0.19% +0.00
XLE SS Energy Select Sector Add +7.2% 0.11% +0.00
WFC Wells Fargo & Co. Add +0.4% 0.09% +0.00
VYMI Vanguard Int High DVD YLD Inc. Add +2.9% 0.08% −0.00
PFE Pfizer Inc. Add +0.5% 0.22% −0.00
XOM Exxon Mobil Corp. Add +1.7% 0.16% −0.00
AVLV Avantis US Large Cap Value Add +1.6% 0.10% −0.00
POWR iShares US Power Infrastruct Add +1.7% 0.14% −0.00
SCHP Schwab U.S. Tips ETF Add +0.1% 0.21% −0.01
ABBV Abbvie Inc. Add +0.1% 0.08% −0.01
DFAR Dimensional US Real Est ETF Add +3.4% 1.35% −0.01
JPM JPMorgan Chase & Co. Add +1.2% 1.84% −0.01
SCHD Schwab US DVD Equity ETF Add +5.6% 1.16% −0.01
DISV Dimensional International SM Add +2.4% 0.72% −0.01
SCHH Schwab US REIT ETF Add +1.0% 0.32% −0.01
IWM iShares Russell 2000 ETF Add +3.4% 0.39% −0.01
IBM Intl Business Machines Corp. Add +0.3% 0.11% −0.01
IJR iShares Core S&P Small-Cap E Add +0.0% 0.24% −0.02
SBUX Starbucks Corp. Add +1.0% 0.09% −0.02
CRM Salesforce Inc. Add +0.5% 0.11% −0.02
DIS The Walt Disney Co. Add +0.2% 0.13% −0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 179$431.8MIVV, AAPL, SPDW, VCSH, DFGP
Q1 2026 177$385.8MIVV, AAPL, SPDW, VCSH, DFGP
Q4 2025 174$388.0MIVV, AAPL, SPDW, VCSH, SCHF
Q3 2025 167$373.1MIVV, AAPL, SPDW, VCSH, DFSD
Q2 2025 162$338.5MIVV, AAPL, SPDW, VCSH, SCHF
Q1 2025 155$306.4MIVV, AAPL, SPDW, VCSH, DFSD
Q4 2024 152$310.2MIVV, AAPL, VCSH, SPDW, TSLA
Q3 2024 148$302.0MIVV, AAPL, SPDW, VCSH, SCHF
Q2 2024 140$279.8MIVV, AAPL, VCSH, SPDW, SCHF
Q1 2024 139$272.4MIVV, AAPL, SPDW, SCHF, VCSH