Sand Hill Global Advisors, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Sand Hill Global Advisors, LLC reported 197 stock positions worth $2.9 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 10.6% of the portfolio, followed by iShares MSCI Eafe ETF (EFA, 9.7%) and SS SPDR S&P 500 ETF Trust-US (SPY, 8.0%). Compared with Q3 2025, it opened 10 new positions, sold out of 12, added to 73 and reduced 84. The biggest buy was iShares MSCI Eafe ETF (EFA, shares +2%) and the biggest sale Nvidia (NVDA, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- Palo Alto, CA
- CIK
- 0001009209
- Portfolio Value
- $2.9B (Q4 2025)
- SEC Filing
- 0001580642-26-001025 ↗ filed Feb 12, 2026
Holdings Value
Holdings 197 stocks · $2.9B
| VOO Vanguard S&P 500 ETF | 10.62% | 485,490 | $304.5M | Reduce -2.5% |
| EFA iShares MSCI Eafe ETF | 9.71% | 2,897,259 | $278.2M | Add +2.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 7.98% | 335,243 | $228.6M | Reduce -3.9% |
| VWO Vanguard Ftse Emerging Marke | 5.88% | 3,134,953 | $168.5M | Reduce -0.3% |
| IJH iShares Core S&P Midcap ETF | 5.26% | 2,283,286 | $150.7M | Add +1.0% |
| VNQ Vanguard Real Estate ETF | 5.14% | 1,663,150 | $147.2M | Add +2.5% |
| IWM iShares Russell 2000 ETF | 4.84% | 562,884 | $138.6M | Reduce -3.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 4.52% | 1,613,586 | $129.4M | Reduce -3.5% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 3.23% | 306,241 | $92.5M | Add +0.2% |
| QQQ Invesco QQQ Trust Series 1 | 2.58% | 120,248 | $73.9M | Reduce -8.7% |
| VGIT Vanguard Intermediate-Term T | 2.52% | 1,206,289 | $72.3M | Add +6.9% |
| AGG iShares Core U.S. Aggregate | 2.46% | 706,139 | $70.5M | Add +5.9% |
| BOND PIMCO Active Bond Exchange-T | 2.03% | 624,484 | $58.1M | Add +17.4% |
| IVV iShares Core S&P 500 ETF | 1.80% | 75,456 | $51.7M | Reduce -0.1% |
| AAPL Apple Inc. | 1.36% | 143,636 | $39.0M | Reduce -0.1% |
| NVDA Nvidia Corp. | 1.33% | 204,579 | $38.2M | Reduce -13.4% |
| GOOGL Alphabet Inc. Class A | 1.21% | 110,385 | $34.6M | Reduce -2.8% |
| MSFT Microsoft Corp. | 1.12% | 66,398 | $32.1M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 1.01% | 125,196 | $28.9M | Add +0.8% |
| JPM JPMorgan Chase & Co. | 0.87% | 77,436 | $25.0M | Reduce -2.5% |
| ESGU iShares ESG Aware MSCI USA | 0.81% | 155,011 | $23.1M | Reduce -3.9% |
| META Meta Platforms Inc. Class A | 0.78% | 33,864 | $22.4M | Reduce -0.2% |
| ESML iShares ESG Aware MSCI USA S | 0.76% | 474,591 | $21.8M | Add +57.4% |
| VEA Vanguard Ftse Developed ETF | 0.71% | 326,830 | $20.4M | Reduce -0.3% |
| IYR iShares US Real Estate ETF | 0.60% | 183,801 | $17.3M | Add +16.6% |
| V Visa Inc. Class A | 0.60% | 48,706 | $17.1M | Add +0.2% |
| ICSH iShares Ultra Short Duration | 0.59% | 332,746 | $16.8M | Add +5.8% |
| JPST JPMorgan Ultra-Short Income | 0.52% | 295,889 | $15.0M | Add +4.7% |
| PULS Pgim Ultra Short Bond ETF | 0.52% | 298,865 | $14.8M | Add +4.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.47% | 18 | $13.6M | Reduce -5.3% |
| PH Parker Hannifin Corp. | 0.47% | 15,448 | $13.6M | Reduce -1.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.46% | 85,031 | $13.1M | Reduce -1.9% |
| AVGO Broadcom Inc. | 0.44% | 36,412 | $12.6M | Add +1.7% |
| ESGD iShares Trust iShares ESG Aw | 0.43% | 129,403 | $12.3M | Add +2.7% |
| VEEV Veeva Systems Inc. Class A | 0.41% | 52,869 | $11.8M | No change |
| BSV Vanguard Short-Term Bond ETF | 0.38% | 139,595 | $11.0M | Add +2.1% |
| DOCS Doximity Inc. Class A | 0.37% | 240,301 | $10.6M | No change |
| CME Cme Group Inc. | 0.36% | 37,260 | $10.2M | Reduce -2.2% |
| JNJ Johnson & Johnson | 0.35% | 49,145 | $10.2M | Reduce -0.7% |
| ZM Zoom Communications Inc. | 0.35% | 117,864 | $10.2M | Reduce -9.6% |
| DASH DoorDash Inc. Class A | 0.35% | 44,392 | $10.1M | No change |
| BLK BlackRock Inc. | 0.34% | 8,993 | $9.6M | Reduce -0.5% |
| CVX Chevron Corp. | 0.33% | 62,973 | $9.6M | Add +0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 19,050 | $9.6M | Add +53.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.32% | 35,875 | $9.3M | Reduce -1.1% |
| LLY Eli Lilly & Co. | 0.32% | 8,411 | $9.0M | Reduce -3.2% |
| EAGG iShares ESG Aware US Aggrega | 0.31% | 185,400 | $8.9M | Add +69.4% |
| ADSK Autodesk Inc. | 0.30% | 29,427 | $8.7M | Add +0.9% |
| ECL Ecolab Inc. | 0.29% | 31,854 | $8.4M | Reduce -1.1% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.29% | 122,207 | $8.2M | Add +4.2% |
| TSLA Tesla Inc. | 0.28% | 18,111 | $8.1M | Reduce -2.2% |
| SYK Stryker Corp. | 0.28% | 22,877 | $8.0M | Reduce -1.8% |
| CRM Salesforce Inc. | 0.27% | 29,569 | $7.8M | Reduce -0.8% |
| PANW Palo Alto Networks Inc. | 0.27% | 41,900 | $7.7M | Reduce -0.1% |
| INTU Intuit Inc. | 0.27% | 11,645 | $7.7M | Add +53.7% |
| PG The Procter & Gamble Co. | 0.27% | 53,202 | $7.6M | Add +0.1% |
| BKNG Booking Holdings Inc. | 0.26% | 1,370 | $7.3M | Reduce -3.7% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.25% | 141,416 | $7.2M | Reduce -0.1% |
| ABT Abbott Laboratories | 0.25% | 57,657 | $7.2M | Reduce -2.0% |
| MDY State Street SPDR S&P Midcap | 0.25% | 11,929 | $7.2M | Reduce -0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.25% | 62,803 | $7.1M | Reduce -2.8% |
| WM Waste Management Inc. | 0.25% | 32,094 | $7.1M | Reduce -1.2% |
| AEP American Electric Power | 0.24% | 60,848 | $7.0M | Reduce -0.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.24% | 20,477 | $6.9M | Reduce -1.9% |
| HON Honeywell International Inc. | 0.23% | 33,913 | $6.6M | Reduce -2.8% |
| EEM iShares MSCI Emerging Market | 0.23% | 120,533 | $6.6M | Reduce -5.1% |
| SNOW Snowflake Inc. | 0.22% | 28,218 | $6.2M | Add +0.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.21% | 76,186 | $6.1M | No change |
| WYNN WYNN Resorts Ltd. | 0.21% | 50,446 | $6.1M | Reduce -1.6% |
| ACWI iShares MSCI Acwi ETF | 0.21% | 42,046 | $5.9M | No change |
| GOOG Alphabet Inc. Class C | 0.19% | 16,962 | $5.3M | Add +0.9% |
| PLD Prologis Inc. | 0.19% | 41,599 | $5.3M | Add +0.6% |
| ETN Eaton Corp. PLC | 0.18% | 16,301 | $5.2M | Add +0.3% |
| PWR Quanta Services Inc. | 0.18% | 12,223 | $5.2M | Reduce -0.6% |
| NEM Newmont Corp. | 0.18% | 50,665 | $5.1M | Reduce -2.2% |
| MUB iShares National Muni Bond E | 0.18% | 47,017 | $5.0M | Reduce -0.6% |
| SCHO Schwab Short-Term US Treas | 0.17% | 201,936 | $4.9M | Add +1.8% |
| ESGE iShares Inc. iShares ESG Awar | 0.17% | 108,348 | $4.8M | Reduce -1.9% |
| IWB iShares Russell 1000 ETF | 0.16% | 12,591 | $4.7M | Reduce -2.4% |
| SCHX Schwab US Large-Cap ETF | 0.16% | 169,616 | $4.6M | Add +6.1% |
| VRSK Verisk Analytics Inc. | 0.16% | 20,345 | $4.6M | New |
| LNG Cheniere Energy Inc. | 0.16% | 23,073 | $4.5M | Reduce -2.7% |
| CMF iShares California Muni Bond | 0.15% | 75,301 | $4.3M | Reduce -2.8% |
| DFUS Dimensional US Eq MKT ETF | 0.15% | 57,456 | $4.3M | Reduce -1.4% |
| VGSR Vert GLB Sust Re ETF filed as MANAGER DIRECTED PORTFOLIOS | 0.14% | 397,966 | $4.1M | Add +6.2% |
| ACN Accenture PLC Class A | 0.14% | 15,173 | $4.1M | Reduce -21.3% |
| ETR Entergy Corp. | 0.14% | 44,020 | $4.1M | Add +0.2% |
| IWV iShares Russell 3000 ETF | 0.13% | 9,722 | $3.8M | Reduce -0.8% |
| MUNI PIMCO Intermediate Municipal | 0.12% | 66,418 | $3.5M | No change |
| QQMG Invesco ESG Nasdaq 100 | 0.11% | 71,840 | $3.0M | Reduce -13.2% |
| SCHF Schwab Intl Equity ETF | 0.11% | 126,255 | $3.0M | Reduce -4.0% |
| COST Costco Wholesale Corp. | 0.11% | 3,503 | $3.0M | Reduce -5.5% |
| IWO iShares Russell 2000 Growth | 0.10% | 8,984 | $2.9M | No change |
| TGT Target Corp. | 0.10% | 29,324 | $2.9M | Reduce -13.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.09% | 8,497 | $2.5M | Reduce -0.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.08% | 7,715 | $2.4M | Reduce -2.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.08% | 5,176 | $2.3M | Reduce -23.0% |
| HD Home Depot Inc. | 0.08% | 6,355 | $2.2M | Reduce -3.3% |
| XLV SS Health Care Select Sector | 0.07% | 12,233 | $1.9M | Reduce -0.3% |
| XOM Exxon Mobil Corp. | 0.07% | 15,684 | $1.9M | Add +2.5% |
Portfolio Sells Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Reduce -13.4% | 1.33% | −0.22 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -8.7% | 2.58% | −0.21 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.9% | 7.98% | −0.20 |
| ARE Alexandria Real Estate Equit | Sold out | 0.00% | −0.19 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.18 |
| IWM iShares Russell 2000 ETF | Reduce -3.4% | 4.84% | −0.13 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.3% | 5.88% | −0.11 |
| VOO Vanguard S&P 500 ETF | Reduce -2.5% | 10.62% | −0.11 |
| MSFT Microsoft Corp. | Reduce -0.7% | 1.12% | −0.10 |
| META Meta Platforms Inc. Class A | Reduce -0.2% | 0.78% | −0.10 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -3.5% | 4.52% | −0.10 |
| LNG Cheniere Energy Inc. | Reduce -2.7% | 0.16% | −0.04 |
| BLK BlackRock Inc. | Reduce -0.5% | 0.34% | −0.03 |
| PANW Palo Alto Networks Inc. | Reduce -0.1% | 0.27% | −0.03 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -5.3% | 0.47% | −0.03 |
| HON Honeywell International Inc. | Reduce -2.8% | 0.23% | −0.03 |
| ABT Abbott Laboratories | Reduce -2.0% | 0.25% | −0.03 |
| ACN Accenture PLC Class A | Reduce -21.3% | 0.14% | −0.03 |
| ZM Zoom Communications Inc. | Reduce -9.6% | 0.35% | −0.02 |
| SYK Stryker Corp. | Reduce -1.8% | 0.28% | −0.02 |
| ESGU iShares ESG Aware MSCI USA | Reduce -3.9% | 0.81% | −0.02 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.02 |
| WYNN WYNN Resorts Ltd. | Reduce -1.6% | 0.21% | −0.02 |
| ECL Ecolab Inc. | Reduce -1.1% | 0.29% | −0.02 |
| HD Home Depot Inc. | Reduce -3.3% | 0.08% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -5.5% | 0.11% | −0.02 |
| BKNG Booking Holdings Inc. | Reduce -3.7% | 0.26% | −0.01 |
| QQMG Invesco ESG Nasdaq 100 | Reduce -13.2% | 0.11% | −0.01 |
| CDE Coeur Mining Inc. | Sold out | 0.00% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -2.5% | 0.87% | −0.01 |
| DIS The Walt Disney Co. | Reduce -2.8% | 0.25% | −0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -23.0% | 0.08% | −0.01 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.01 |
| BAC Bank of America Corp. | Reduce -57.7% | 0.01% | −0.01 |
| COUR Coursera Inc. | Reduce -20.1% | 0.01% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -5.1% | 0.23% | −0.01 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.01 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.01 |
| O Realty Income Corp. | Sold out | 0.00% | −0.01 |
| TGT Target Corp. | Reduce -13.9% | 0.10% | −0.01 |
| CME Cme Group Inc. | Reduce -2.2% | 0.36% | −0.01 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.01 |
| WM Waste Management Inc. | Reduce -1.2% | 0.25% | −0.01 |
| TSLA Tesla Inc. | Reduce -2.2% | 0.28% | −0.01 |
| CMF iShares California Muni Bond | Reduce -2.8% | 0.15% | −0.00 |
| BGC BGC Group Inc. Class A | Sold out | 0.00% | −0.00 |
| UBER Uber Technologies Inc. | Reduce -1.8% | 0.02% | −0.00 |
| NEAR iShares SH Dba ETF Usd Inc. | Reduce -0.1% | 0.25% | −0.00 |
| OPEN Opendoor Technologies Inc. | Sold out | 0.00% | −0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -15.9% | 0.01% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| EFA iShares MSCI Eafe ETF | Add +2.0% | 9.71% | +0.37 |
| ESML iShares ESG Aware MSCI USA S | Add +57.4% | 0.76% | +0.28 |
| BOND PIMCO Active Bond Exchange-T | Add +17.4% | 2.03% | +0.28 |
| VRSK Verisk Analytics Inc. | New | 0.16% | +0.16 |
| VGIT Vanguard Intermediate-Term T | Add +6.9% | 2.52% | +0.14 |
| EAGG iShares ESG Aware US Aggrega | Add +69.4% | 0.31% | +0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +53.6% | 0.33% | +0.11 |
| AGG iShares Core U.S. Aggregate | Add +5.9% | 2.46% | +0.11 |
| INTU Intuit Inc. | Add +53.7% | 0.27% | +0.09 |
| IJH iShares Core S&P Midcap ETF | Add +1.0% | 5.26% | +0.07 |
| IYR iShares US Real Estate ETF | Add +16.6% | 0.60% | +0.06 |
| AMZN Amazon.com Inc. | Add +0.8% | 1.01% | +0.05 |
| GOOG Alphabet Inc. Class C | Add +0.9% | 0.19% | +0.04 |
| FIG Figma Inc. Class A | New | 0.04% | +0.04 |
| CPNG Coupang Inc. | New | 0.03% | +0.03 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +0.2% | 3.23% | +0.03 |
| ICSH iShares Ultra Short Duration | Add +5.8% | 0.59% | +0.03 |
| AVGO Broadcom Inc. | Add +1.7% | 0.44% | +0.02 |
| PACS Pacs Group Inc. | New | 0.02% | +0.02 |
| PLD Prologis Inc. | Add +0.6% | 0.19% | +0.02 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +4.2% | 0.29% | +0.02 |
| JPST JPMorgan Ultra-Short Income | Add +4.7% | 0.52% | +0.02 |
| ESGD iShares Trust iShares ESG Aw | Add +2.7% | 0.43% | +0.02 |
| AMAT Applied Materials Inc. | Add +9.6% | 0.06% | +0.02 |
| PULS Pgim Ultra Short Bond ETF | Add +4.5% | 0.52% | +0.02 |
| V Visa Inc. Class A | Add +0.2% | 0.60% | +0.01 |
| SCHX Schwab US Large-Cap ETF | Add +6.1% | 0.16% | +0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +43.5% | 0.03% | +0.01 |
| AMGN Amgen Inc. | New | 0.01% | +0.01 |
| ABNB Airbnb Inc. Class A | New | 0.01% | +0.01 |
| MRK Merck & Co. Inc. | New | 0.01% | +0.01 |
| UAL United Airlines Holdings Inc. | New | 0.01% | +0.01 |
| MCO Moody's Corp. | New | 0.01% | +0.01 |
| CSCO Cisco Systems Inc. | Add +12.9% | 0.03% | +0.01 |
| HOLX Hologic Inc. | New | 0.01% | +0.01 |
| XOM Exxon Mobil Corp. | Add +2.5% | 0.07% | +0.01 |
| ISRG Intuitive Surgical Inc. | Add +2.9% | 0.02% | +0.00 |
| BSV Vanguard Short-Term Bond ETF | Add +2.1% | 0.38% | +0.00 |
| ABBV Abbvie Inc. | Add +9.6% | 0.06% | +0.00 |
| VGSR Vert GLB Sust Re ETF | Add +6.2% | 0.14% | +0.00 |
| JMUB JPMorgan Municipal ETF | Add +9.8% | 0.04% | +0.00 |
| CAT Caterpillar Inc. | Add +7.5% | 0.02% | +0.00 |
| LDUR PIMCO Enhanced Low Duration | Add +8.5% | 0.05% | +0.00 |
| IBM Intl Business Machines Corp. | Add +8.0% | 0.03% | +0.00 |
| TMO Thermo Fisher Scientific Inc. | Add +17.6% | 0.01% | +0.00 |
| GS Goldman Sachs Group Inc. | Add +16.6% | 0.01% | +0.00 |
| DHR Danaher Corp. | Add +1.2% | 0.02% | +0.00 |
| WFC Wells Fargo & Co. | Add +5.2% | 0.02% | +0.00 |
| RTX RTX Corp. | Add +1.5% | 0.02% | +0.00 |
| MA Mastercard Inc. Class A | Add +6.0% | 0.03% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 214 | $3.3B | VOO, EFA, SPY, VNQ, SPYM |
| Q1 2026 | 204 | $3.0B | VOO, EFA, SPY, VWO, IJH |
| Q4 2025 | 197 | $2.9B | VOO, EFA, SPY, VWO, IJH |
| Q3 2025 | 199 | $2.8B | VOO, EFA, SPY, VWO, VNQ |
| Q2 2025 | 202 | $2.7B | VOO, EFA, SPY, VWO, IJH |
| Q1 2025 | 194 | $2.4B | VOO, EFA, SPY, VWO, IJH |
| Q4 2024 | 188 | $2.4B | VOO, SPY, EFA, VWO, IWM |
| Q3 2024 | 195 | $2.4B | VOO, EFA, SPY, VWO, IWM |
| Q2 2024 | 189 | $2.2B | VOO, SPY, EFA, VWO, IWM |
| Q1 2024 | 162 | $2.1B | VOO, EFA, SPY, IJH, IWM |