Gradient Capital Advisors, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 27, 2025), Gradient Capital Advisors, LLC reported 167 stock positions worth $373.1 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 9.4% of the portfolio, followed by Apple (AAPL, 5.0%) and Ste STR SPDR PT DW Eu ETF (SPDW, 3.8%). Compared with Q2 2025, it opened 10 new positions, sold out of 5, added to 67 and reduced 57. The biggest buy was Dimensional GLBL Core PL Fix (DFGP, shares +559%) and the biggest sale Vngrd Mrgstr LRG-Cap ETF-Usd (VV, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0001727917
- Portfolio Value
- $373.1M (Q3 2025)
- SEC Filing
- 0001727917-25-000011 ↗ filed Oct 27, 2025
Holdings Value
Holdings 167 stocks · $373.1M
| IVV iShares Core S&P 500 ETF | 9.42% | 52,496 | $35.1M | Add +0.5% |
| AAPL Apple Inc. | 5.02% | 73,530 | $18.7M | Reduce -0.6% |
| SPDW Ste STR SPDR PT DW Eu ETF | 3.84% | 334,841 | $14.3M | Reduce -0.5% |
| VCSH Vanguard S/T Corp. Bond ETF | 3.43% | 160,084 | $12.8M | Add +9.4% |
| DFSD Dimensional Short Duration | 2.87% | 222,452 | $10.7M | Add +8.9% |
| SCHF Schwab Intl Equity ETF | 2.83% | 454,186 | $10.6M | Reduce -2.6% |
| SCHM Schwab US Mid Cap ETF | 2.55% | 321,516 | $9.5M | Reduce -2.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 2.23% | 26,998 | $8.3M | Reduce -14.4% |
| DFAT Dimensional US Target Value | 2.19% | 140,382 | $8.2M | Add +0.0% |
| VTIP Vanguard Short-Term Tips | 2.10% | 154,502 | $7.8M | Add +10.3% |
| MSFT Microsoft Corp. | 2.04% | 14,715 | $7.6M | Add +2.1% |
| JPM JPMorgan Chase & Co. | 2.03% | 23,978 | $7.6M | Reduce -1.2% |
| SCHX Schwab US Large-Cap ETF | 1.98% | 279,777 | $7.4M | Reduce -0.9% |
| DFEM Dimensional Emrg MRKT Core | 1.96% | 227,460 | $7.3M | Reduce -1.3% |
| TSLA Tesla Inc. | 1.92% | 16,120 | $7.2M | Reduce -9.2% |
| VEA Vanguard Ftse Developed ETF | 1.73% | 107,607 | $6.4M | Reduce -0.1% |
| JPST JPMorgan Ultra-Short Income | 1.72% | 126,281 | $6.4M | Add +2.2% |
| NVDA Nvidia Corp. | 1.69% | 33,809 | $6.3M | Add +22.0% |
| DFUV Dimensional US Marketwide Va | 1.59% | 132,726 | $5.9M | Reduce -0.7% |
| DFSV Dimensional US Small Cap Val | 1.54% | 180,376 | $5.7M | Add +4.6% |
| GOOGL Alphabet Inc. Class A | 1.49% | 22,825 | $5.5M | Add +2.8% |
| META Meta Platforms Inc. Class A | 1.33% | 6,746 | $5.0M | Add +8.0% |
| DFAR Dimensional US Real Est ETF | 1.30% | 203,008 | $4.8M | Add +2.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.27% | 9,422 | $4.7M | Add +0.4% |
| DFGP Dimensional GLBL Core PL Fix | 1.26% | 84,557 | $4.7M | Add +559.4% |
| VOO Vanguard S&P 500 ETF | 1.22% | 7,455 | $4.6M | Reduce -6.4% |
| DFAX Dimensional World Ex US Core | 1.19% | 141,465 | $4.4M | Add +5.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.18% | 14,964 | $4.4M | Reduce -1.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.18% | 82,861 | $4.4M | Add +14.0% |
| VXUS Vanguard Total Intl Stock | 1.17% | 59,580 | $4.4M | Reduce -4.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.16% | 9,031 | $4.3M | Reduce -5.9% |
| AVGO Broadcom Inc. | 1.09% | 12,298 | $4.1M | Reduce -3.2% |
| SCHD Schwab US DVD Equity ETF | 1.06% | 144,612 | $3.9M | Add +1.8% |
| VNQI Vanguard GLBL Ex-US Real Est | 1.01% | 79,208 | $3.8M | Add +1.6% |
| DFLV Dim US Large Cap Value ETF | 0.98% | 111,513 | $3.7M | Add +10.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.91% | 13,307 | $3.4M | Reduce -1.4% |
| GLD SPDR Gold Shares | 0.90% | 9,487 | $3.4M | Reduce -3.5% |
| DISV Dimensional International SM | 0.89% | 93,509 | $3.3M | Add +0.3% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.83% | 31,136 | $3.1M | Add +18.0% |
| LRCX Lam Research Corp. | 0.79% | 21,935 | $2.9M | Reduce -2.2% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.65% | 11,556 | $2.4M | Reduce -1.4% |
| GLDM SPDR Gold Minishares Trust | 0.62% | 30,220 | $2.3M | Add +0.7% |
| AMZN Amazon.com Inc. | 0.60% | 10,220 | $2.2M | Add +4.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.56% | 11,125 | $2.1M | Add +0.6% |
| DFAE Dimensional Emerging Core Eq | 0.55% | 65,623 | $2.1M | Reduce -8.5% |
| AVDV Avantis Intl S/C Value ETF | 0.53% | 22,356 | $2.0M | Reduce -3.1% |
| SCHB Schwab US Broad Market ETF | 0.53% | 76,314 | $2.0M | Reduce -2.7% |
| WPC WP Carey Inc. | 0.51% | 28,200 | $1.9M | Reduce -1.2% |
| VNQ Vanguard Real Estate ETF | 0.43% | 17,659 | $1.6M | Add +2.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.43% | 22,385 | $1.6M | Add +8.5% |
| CSCO Cisco Systems Inc. | 0.43% | 23,321 | $1.6M | Add +2.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.41% | 5,543 | $1.5M | Add +2.8% |
| CVX Chevron Corp. | 0.40% | 9,531 | $1.5M | No change |
| IWM iShares Russell 2000 ETF | 0.39% | 6,014 | $1.5M | Reduce -3.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.37% | 4,162 | $1.4M | Add +6.0% |
| AVUV Avantis US Small Cap Value | 0.36% | 13,493 | $1.3M | Reduce -4.6% |
| QCOM Qualcomm Inc. | 0.34% | 7,664 | $1.3M | Reduce -2.1% |
| AMD Advanced Micro Devices | 0.34% | 7,870 | $1.3M | Reduce -1.4% |
| SCHV Schwab US Large-Cap Value | 0.33% | 42,697 | $1.2M | Reduce -1.1% |
| SCHA Schwab US Small-Cap ETF | 0.32% | 43,265 | $1.2M | Reduce -0.5% |
| VIG Vanguard Dividend Apprec ETF | 0.32% | 5,592 | $1.2M | Add +0.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.30% | 22,059 | $1.1M | Reduce -3.2% |
| FEZ State Street SPDR Euro Stoxx | 0.30% | 18,181 | $1.1M | Reduce -1.2% |
| SLV iShares Silver Trust | 0.29% | 25,513 | $1.1M | Add +20.0% |
| AVMC Avantis US Mid Cap Eq ETF | 0.29% | 15,423 | $1.1M | Add +29.5% |
| JNJ Johnson & Johnson | 0.27% | 5,424 | $1.0M | Add +0.9% |
| HD Home Depot Inc. | 0.26% | 2,383 | $966K | Add +0.2% |
| DFAC Dimensional US Core Equity 2 | 0.25% | 24,530 | $946K | Reduce -3.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.25% | 1,542 | $926K | Add +40.6% |
| LMT Lockheed Martin Corp. | 0.24% | 1,821 | $909K | Reduce -1.2% |
| SCHH Schwab US REIT ETF | 0.24% | 42,015 | $906K | Reduce -2.4% |
| V Visa Inc. Class A | 0.24% | 2,651 | $905K | Add +1.2% |
| AMGN Amgen Inc. | 0.23% | 3,086 | $871K | Add +1.0% |
| XLP SS Consumer Staples Sel Sect | 0.23% | 11,050 | $866K | Reduce -1.3% |
| COST Costco Wholesale Corp. | 0.23% | 934 | $865K | Add +48.7% |
| IBDX iShares Ibonds Dec 2032 TC | 0.22% | 32,637 | $836K | Add +0.3% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.22% | 39,388 | $836K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.22% | 15,294 | $829K | Reduce -13.9% |
| NFLX Netflix Inc. | 0.22% | 670 | $803K | Add +1.7% |
| VYM Vanguard High DVD Yield ETF | 0.20% | 5,372 | $757K | Reduce -5.0% |
| DFIC Dimensional International Co. | 0.20% | 22,962 | $753K | No change |
| IJR iShares Core S&P Small-Cap E | 0.20% | 6,327 | $752K | Add +0.0% |
| BX Blackstone Inc. | 0.20% | 4,390 | $750K | Add +0.2% |
| SCHZ Schwab US Aggregate Bond ETF | 0.20% | 31,134 | $731K | Reduce -7.7% |
| BSV Vanguard Short-Term Bond ETF | 0.20% | 9,255 | $730K | Reduce -7.1% |
| VHT Vanguard Health Care ETF | 0.19% | 2,688 | $698K | Reduce -3.8% |
| GOOG Alphabet Inc. Class C | 0.18% | 2,818 | $686K | Reduce -0.7% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.17% | 29,435 | $652K | No change |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.17% | 5,961 | $650K | New |
| IVW iShares S&P 500 Growth ETF | 0.17% | 5,352 | $646K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.17% | 964 | $642K | No change |
| VUSB Vanguard Ultra Short Bond Et | 0.16% | 12,216 | $611K | Reduce -1.7% |
| SPSB SS SPDR P St C Corp. ETF | 0.16% | 19,923 | $603K | Add +0.6% |
| DFAI Dimensional International Co. | 0.15% | 15,771 | $573K | Reduce -0.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.15% | 2,004 | $565K | Add +2.9% |
| SCHP Schwab U.S. Tips ETF | 0.15% | 20,818 | $561K | Reduce -6.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.15% | 6,342 | $554K | No change |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.15% | 4,947 | $551K | Reduce -0.7% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.15% | 10,767 | $550K | No change |
| CAT Caterpillar Inc. | 0.14% | 1,125 | $537K | Reduce -0.7% |
Portfolio Sells Q2 2025 → Q3 2025
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -14.4% | 2.23% | −0.43 |
| SHYM iShares Short Duration High | Sold out | 0.00% | −0.23 |
| SCHF Schwab Intl Equity ETF | Reduce -2.6% | 2.83% | −0.21 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -0.5% | 3.84% | −0.19 |
| SCHM Schwab US Mid Cap ETF | Reduce -2.5% | 2.55% | −0.18 |
| VOO Vanguard S&P 500 ETF | Reduce -6.4% | 1.22% | −0.11 |
| VXUS Vanguard Total Intl Stock | Reduce -4.6% | 1.17% | −0.10 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.1% | 1.73% | −0.09 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -5.9% | 1.16% | −0.08 |
| DFUV Dimensional US Marketwide Va | Reduce -0.7% | 1.59% | −0.08 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.0% | 1.18% | −0.07 |
| DFEM Dimensional Emrg MRKT Core | Reduce -1.3% | 1.96% | −0.07 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.9% | 1.98% | −0.06 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.06 |
| JCPI JP Morgan Inflation MGD Bond | Sold out | 0.00% | −0.06 |
| DFAE Dimensional Emerging Core Eq | Reduce -8.5% | 0.55% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -1.2% | 2.03% | −0.05 |
| ATEC Alphatec Holdings Inc. | Sold out | 0.00% | −0.05 |
| XLE SS Energy Select Sector | Reduce -32.3% | 0.07% | −0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -1.4% | 0.91% | −0.04 |
| VWO Vanguard Ftse Emerging Marke | Reduce -13.9% | 0.22% | −0.04 |
| BSV Vanguard Short-Term Bond ETF | Reduce -7.1% | 0.20% | −0.04 |
| XLP SS Consumer Staples Sel Sect | Reduce -1.3% | 0.23% | −0.04 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -7.7% | 0.20% | −0.04 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -1.4% | 0.65% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -2.1% | 0.34% | −0.03 |
| SCHB Schwab US Broad Market ETF | Reduce -2.7% | 0.53% | −0.03 |
| SCHH Schwab US REIT ETF | Reduce -2.4% | 0.24% | −0.03 |
| SCHP Schwab U.S. Tips ETF | Reduce -6.6% | 0.15% | −0.03 |
| CRM Salesforce Inc. | Reduce -1.8% | 0.08% | −0.02 |
| ADBE Adobe Inc. | Reduce -9.9% | 0.06% | −0.02 |
| FEZ State Street SPDR Euro Stoxx | Reduce -1.2% | 0.30% | −0.02 |
| AVUV Avantis US Small Cap Value | Reduce -4.6% | 0.36% | −0.02 |
| SCHV Schwab US Large-Cap Value | Reduce -1.1% | 0.33% | −0.02 |
| VYM Vanguard High DVD Yield ETF | Reduce -5.0% | 0.20% | −0.02 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -1.7% | 0.16% | −0.02 |
| VHT Vanguard Health Care ETF | Reduce -3.8% | 0.19% | −0.02 |
| YUM Yum! Brands Inc. | Reduce -16.2% | 0.06% | −0.02 |
| DFAC Dimensional US Core Equity 2 | Reduce -3.8% | 0.25% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -2.2% | 0.14% | −0.02 |
| WPC WP Carey Inc. | Reduce -1.2% | 0.51% | −0.02 |
| BAC Bank of America Corp. | Reduce -3.2% | 0.30% | −0.01 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -0.7% | 0.15% | −0.01 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -8.3% | 0.06% | −0.01 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -9.3% | 0.07% | −0.01 |
| DFAI Dimensional International Co. | Reduce -0.7% | 0.15% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -1.2% | 0.24% | −0.01 |
| IMMUNOPRECISE ANTIBODIES LTD | Sold out | 0.00% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -3.5% | 0.39% | −0.01 |
| AVDV Avantis Intl S/C Value ETF | Reduce -3.1% | 0.53% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| DFGP Dimensional GLBL Core PL Fix | Add +559.4% | 1.26% | +1.05 |
| NVDA Nvidia Corp. | Add +22.0% | 1.69% | +0.40 |
| GOOGL Alphabet Inc. Class A | Add +2.8% | 1.49% | +0.33 |
| BNY Bank of New York Mellon Corp. | New | 0.17% | +0.17 |
| XLK SS Technology Select Sector | New | 0.09% | +0.09 |
| SLV iShares Silver Trust | Add +20.0% | 0.29% | +0.08 |
| PLTR Palantir Technologies Inc. Class A | New | 0.08% | +0.08 |
| QQQ Invesco QQQ Trust Series 1 | Add +40.6% | 0.25% | +0.07 |
| IWC iShares Micro-Cap ETF | New | 0.06% | +0.06 |
| DFLV Dim US Large Cap Value ETF | Add +10.6% | 0.98% | +0.06 |
| TJX TJX Companies Inc. | New | 0.06% | +0.06 |
| KRE SS SPDR S&P Regional Bank | New | 0.06% | +0.06 |
| RTX RTX Corp. | New | 0.06% | +0.06 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +18.0% | 0.83% | +0.06 |
| SO The Southern Co. | New | 0.06% | +0.06 |
| AVMC Avantis US Mid Cap Eq ETF | Add +29.5% | 0.29% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.8% | 0.41% | +0.05 |
| COST Costco Wholesale Corp. | Add +48.7% | 0.23% | +0.05 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +14.0% | 1.18% | +0.05 |
| DFSV Dimensional US Small Cap Val | Add +4.6% | 1.54% | +0.04 |
| GLDM SPDR Gold Minishares Trust | Add +0.7% | 0.62% | +0.04 |
| DFAX Dimensional World Ex US Core | Add +5.8% | 1.19% | +0.03 |
| JNJ Johnson & Johnson | Add +0.9% | 0.27% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +8.5% | 0.43% | +0.02 |
| VTIP Vanguard Short-Term Tips | Add +10.3% | 2.10% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +6.0% | 0.37% | +0.01 |
| HYFT Mindwalk Holdings Corp. | New | 0.01% | +0.01 |
| ORCL Oracle Corp. | Add +2.2% | 0.08% | +0.01 |
| PFE Pfizer Inc. | Add +22.3% | 0.09% | +0.01 |
| ABBV Abbvie Inc. | Add +2.0% | 0.09% | +0.01 |
| AMC AMC Entertainment HLDS Class A | New | 0.01% | +0.01 |
| BX Blackstone Inc. | Add +0.2% | 0.20% | +0.01 |
| XLF SS Financial Select Sector | Add +13.7% | 0.11% | +0.01 |
| IBDZ ISHARESIBONDSDEC2034TMCORP | Add +11.1% | 0.12% | +0.00 |
| BLK BlackRock Inc. | Add +0.7% | 0.14% | +0.00 |
| GS Goldman Sachs Group Inc. | Add +0.6% | 0.07% | +0.00 |
| HD Home Depot Inc. | Add +0.2% | 0.26% | +0.00 |
| SCHO Schwab Short-Term US Treas | Add +9.8% | 0.08% | −0.00 |
| REGN Regeneron Pharmaceuticals | Add +0.3% | 0.06% | −0.00 |
| DFUS Dimensional US Eq MKT ETF | Add +0.4% | 0.10% | −0.00 |
| WMT Walmart Inc. | Add +2.5% | 0.08% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Add +0.0% | 0.20% | −0.00 |
| AXP American Express Co. | Add +1.0% | 0.06% | −0.00 |
| WFC Wells Fargo & Co. | Add +1.1% | 0.11% | −0.00 |
| BA The Boeing Co. | Add +1.4% | 0.09% | −0.01 |
| XOM Exxon Mobil Corp. | Add +0.8% | 0.12% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +9.4% | 3.43% | −0.01 |
| PANW Palo Alto Networks Inc. | Add +0.7% | 0.08% | −0.01 |
| CEG Constellation Energy | Add +0.2% | 0.11% | −0.01 |
| SPLV Invesco S&P 500 Low Volatili | Add +1.4% | 0.12% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 179 | $431.8M | IVV, AAPL, SPDW, VCSH, DFGP |
| Q1 2026 | 177 | $385.8M | IVV, AAPL, SPDW, VCSH, DFGP |
| Q4 2025 | 174 | $388.0M | IVV, AAPL, SPDW, VCSH, SCHF |
| Q3 2025 | 167 | $373.1M | IVV, AAPL, SPDW, VCSH, DFSD |
| Q2 2025 | 162 | $338.5M | IVV, AAPL, SPDW, VCSH, SCHF |
| Q1 2025 | 155 | $306.4M | IVV, AAPL, SPDW, VCSH, DFSD |
| Q4 2024 | 152 | $310.2M | IVV, AAPL, VCSH, SPDW, TSLA |
| Q3 2024 | 148 | $302.0M | IVV, AAPL, SPDW, VCSH, SCHF |
| Q2 2024 | 140 | $279.8M | IVV, AAPL, VCSH, SPDW, SCHF |
| Q1 2024 | 139 | $272.4M | IVV, AAPL, SPDW, SCHF, VCSH |