Spurstone Advisory Services, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Spurstone Advisory Services, LLC reported 139 stock positions worth $6.6 million. Its top holding was Apple (AAPL) at 17.3% of the portfolio, followed by HCA Healthcare (HCA, 6.9%) and Exxon Mobil (XOM, 6.0%). Compared with Q1 2025, it opened 45 new positions, sold out of 10, added to 7 and reduced 4. The biggest buy was a new position in HCA Healthcare (HCA) and the biggest sale an exit from Trane Technologies (TT).

Most Recent 13F
Q2 2026
Location
HIGGANUM, CT
CIK
0002056079
Portfolio Value
$6.6M (Q2 2025)
SEC Filing
0002056079-25-000004 ↗ filed Aug 6, 2025

Holdings Value

0$2.0M$4.0M$6.0M$8.0M Q4 2024: $5.3M Q4 2024 Q1 2025: $5.1M Q1 2025 Q2 2025: $6.6M $6.6M Q2 2025 Q3 2025: $7.0M Q3 2025 Q4 2025: $6.4M Q4 2025 Q1 2026: $5.8M Q1 2026 Q2 2026: $7.3M Q2 2026

Holdings 139 stocks · $6.6M
AAPL Apple Inc. 17.26% 5,551 $1.1M Add +7.1%
HCA HCA Healthcare Inc. 6.88% 1,184 $454K New
XOM Exxon Mobil Corp. 6.01% 3,680 $397K Add +8.3%
RTX RTX Corp. 5.59% 2,524 $369K No change
UPS United Parcel Service Class B 5.57% 3,642 $368K No change
SPY SS SPDR S&P 500 ETF Trust-US 5.48% 585 $361K Add +2.1%
CVX Chevron Corp. 4.38% 2,020 $289K No change
FTNT Fortinet Inc. 4.01% 2,500 $264K No change
IWM iShares Russell 2000 ETF 3.70% 1,132 $244K No change
CRWD CrowdStrike Holdings Inc. Class A 3.00% 388 $198K Add +5.2%
PFE Pfizer Inc. 2.94% 8,003 $194K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.46% 550 $162K No change
TRV The Travelers Cos Inc. 2.42% 596 $159K No change
AMZN Amazon.com Inc. 2.10% 632 $139K New
QCOM Qualcomm Inc. 1.35% 561 $89K Add +83.3%
GOOGL Alphabet Inc. Class A 1.28% 480 $85K New
AVGO Broadcom Inc. 1.13% 270 $74K New
RCL Royal Caribbean Cruises Ltd. 0.95% 200 $63K No change
WBS Webster Financial Corp. 0.91% 1,104 $60K No change
META Meta Platforms Inc. Class A 0.90% 80 $59K New
V Visa Inc. Class A 0.75% 140 $50K New
COST Costco Wholesale Corp. 0.72% 48 $48K New
MRK Merck & Co. Inc. 0.68% 564 $45K Add +50.8%
HD Home Depot Inc. 0.64% 115 $42K No change
NOW ServiceNow Inc. 0.62% 40 $41K New
PANW Palo Alto Networks Inc. 0.62% 200 $41K New
SWBI Smith & Wesson Brands Inc. 0.62% 4,700 $41K No change
PNFP Pinnacle Financial Partners 0.62% 369 $41K New
ORLY O'reilly Automotive Inc. 0.61% 450 $41K New
NVDA Nvidia Corp. 0.61% 256 $40K New
HIG Hartford Insurance Group Inc. 0.58% 300 $38K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.56% 780 $37K No change
INTU Intuit Inc. 0.54% 45 $35K New
CRM Salesforce Inc. 0.52% 125 $34K New
SPGI S&P Global Inc. 0.51% 64 $34K New
F Ford Motor Co. filed as FORD MTR CO 0.50% 3,050 $33K No change
LYFT LYFT Inc. Class A 0.47% 1,975 $31K No change
STE Steris PLC 0.44% 120 $29K New
VRSK Verisk Analytics Inc. 0.43% 92 $29K New
ABBV Abbvie Inc. 0.42% 150 $28K New
S Sentinelone Inc. Class A 0.42% 1,500 $27K Add +15.4%
IQLT iShares MSCI International Q 0.39% 600 $26K New
NEE Nextera Energy Inc. 0.34% 325 $23K New
SO The Southern Co. 0.34% 244 $22K No change
MDLZ Mondelez International Inc. Class A 0.33% 325 $22K New
ADBE Adobe Inc. 0.32% 55 $21K New
AMT American Tower Corp. 0.32% 95 $21K New
EQIX Equinix Inc. 0.30% 25 $20K New
SNPS Synopsys Inc. 0.29% 37 $19K New
IDXX Idexx Laboratories Inc. 0.28% 35 $19K New
MSCI MSCI Inc. 0.28% 32 $18K New
UNH Unitedhealth Group Inc. 0.27% 57 $18K Reduce -62.0%
DHR Danaher Corp. 0.27% 90 $18K New
ECL Ecolab Inc. 0.27% 65 $18K New
XEL Xcel Energy Inc. 0.24% 233 $16K No change
FTV Fortive Corp. 0.22% 275 $14K New
AEP American Electric Power 0.22% 138 $14K No change
XYL Xylem Inc. 0.22% 110 $14K New
SYK Stryker Corp. 0.21% 35 $14K New
CFG Citizens Financial Group 0.20% 300 $13K No change
QS Quantumscape Corp. 0.20% 1,950 $13K No change
TSLA Tesla Inc. 0.19% 40 $13K Reduce -55.6%
ODFL Old Dominion Freight Line 0.19% 76 $12K New
AOUT American Outdoor Brands Inc. 0.19% 1,175 $12K No change
INTC Intel Corp. 0.18% 536 $12K No change
IQV Iqvia Holdings Inc. 0.18% 75 $12K New
MO Altria Group Inc. 0.18% 200 $12K No change
NE Noble Corp. PLC 0.16% 400 $11K New
FISV Fiserv Inc. 0.16% 60 $10K New
HHH Howard Hughes Holdings Inc. 0.15% 150 $10K New
UBER Uber Technologies Inc. 0.14% 100 $9K New
DFAC Dimensional US Core Equity 2 0.14% 252 $9K No change
VTRS Viatris Inc. 0.12% 911 $8K No change
CR Crane Co. 0.12% 40 $8K No change
KO The Coca-Cola Co. 0.11% 103 $7K No change
VZ Verizon Communications Inc. 0.11% 161 $7K No change
DFAU Dimensional US Core Equity M 0.10% 162 $7K No change
WEN The Wendy's Co. 0.10% 600 $7K New
SWK Stanley Black & Decker Inc. 0.10% 100 $7K No change
QQQ Invesco QQQ Trust Series 1 0.10% 12 $7K New
DFAX Dimensional World Ex US Core 0.08% 189 $6K No change
KD Kyndryl Holdings Inc. 0.08% 120 $5K No change
GS Goldman Sachs Group Inc. 0.08% 7 $5K No change
BRK.B Berkshire Hathaway Inc. Class B 0.07% 10 $5K New
MUB iShares National Muni Bond E 0.07% 46 $5K No change
DFUS Dimensional US Eq MKT ETF 0.07% 70 $5K No change
DFAI Dimensional International Co. 0.07% 134 $5K No change
EXC Exelon Corp. 0.07% 100 $4K New
DUHP Dimensional US High Profi Et 0.07% 122 $4K No change
ETN Eaton Corp. PLC 0.06% 12 $4K New
IVV iShares Core S&P 500 ETF 0.06% 6 $4K Reduce -93.8%
VTV Vanguard Mrngstr Val ETF-Aui 0.05% 19 $3K No change
SCHG Schwab US Large-Cap Growth 0.05% 112 $3K No change
PSX Phillips 66 0.05% 25 $3K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.04% 31 $3K No change
IEFA iShares Core MSCI Eafe ETF 0.04% 34 $3K No change
DFAE Dimensional Emerging Core Eq 0.04% 96 $3K No change
GOOG Alphabet Inc. Class C 0.04% 15 $3K New
APTV Aptiv PLC 0.04% 35 $2K New
BP BP PLC-Spons ADR 0.03% 73 $2K No change
CXT Crane NXT Co. 0.03% 40 $2K No change
SPYV SS SPDR P S&P 500 Value ETF 0.03% 40 $2K No change
DIHP Dimensional International Hi 0.03% 67 $2K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.03% 4 $2K No change
VTEB Vanguard Tax-Exempt Bond ETF 0.02% 32 $2K Reduce -97.2%
IWR iShares Russell Mid-Cap ETF 0.02% 17 $2K No change
DON Wisdomtree US Midcap Dividen 0.02% 26 $1K No change
HYMB SS SPDR N Ice HY Muni ETF 0.01% 40 $991 No change
IEI iShares 3-7 Year Treasury Bo 0.01% 8 $952 No change
XERS Xeris Biopharma Holdings Inc. 0.01% 200 $934 No change
MDYG SS SPDR S&P 400 MC GR ETF 0.01% 9 $781 No change
SPTS SS SPDR P St Term TSY ETF 0.01% 24 $702 No change
ILTB iShares Core 10+ Year Usd Bo 0.01% 14 $691 No change
JPST JPMorgan Ultra-Short Income 0.01% 13 $658 No change
HYD Vaneck High Yield Muni ETF 0.01% 13 $652 No change
AVIG Avantis Core Fixed Income 0.01% 15 $624 No change
IEMG iShares Core MSCI Emerging 0.01% 10 $600 No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.01% 3 $585 No change
USFR Wisdomtree Floating Rate Tre 0.01% 11 $553 No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.01% 2 $552 No change
AVUV Avantis US Small Cap Value 0.01% 6 $546 No change
FIXD First Trust Smith Opportunis 0.01% 12 $526 No change
VEA Vanguard Ftse Developed ETF 0.01% 9 $513 No change
AGGY Wisdomtree Yield Enhanced US 0.01% 10 $436 No change
LMBS First Trust Low Duration Opp 0.01% 8 $394 No change
CLOZ Eldridge BBB-B Clo ETF 0.01% 14 $374 No change
OGN Organon & Co. 0.01% 37 $358 No change
SLYG SS SPDR S&P 600 SC GR ETF 0.01% 4 $355 No change
CLOX Eldridge Aaa Clo ETF 0.01% 13 $332 No change
EMLC Vaneck JPM Em Local Curr BND 0.00% 11 $278 No change
EMB iShares JP Morgan Usd Emergi 0.00% 3 $277 No change
HOG Harley-Davidson Inc. 0.00% 11 $259 No change
EBND State Street SPDR Bloomberg 0.00% 10 $214 No change
KNG FT Vest S&P 500 DVD Arst TRG 0.00% 4 $196 No change
VWOB Vanguard Emerg MKTS Gov BND 0.00% 3 $196 No change
SPMB SS SPDR P Mort Back Bond ETF 0.00% 8 $176 No change
HYBL SS Blackstone High Inc. ETF 0.00% 4 $114 No change
CMBS iShares CMBS ETF 0.00% 2 $97 No change
SCHV Schwab US Large-Cap Value 0.00% 3 $83 No change

Portfolio Sells Q1 2025 → Q2 2025
TT Trane Technologies PLC Sold out 0.00% −1.90
UNH Unitedhealth Group Inc. Reduce -62.0% 0.27% −1.26
VTEB Vanguard Tax-Exempt Bond ETF Reduce -97.2% 0.02% −1.06
IVV iShares Core S&P 500 ETF Reduce -93.8% 0.06% −1.00
SCHF Schwab Intl Equity ETF Sold out 0.00% −0.61
X United States Steel Corp. Sold out 0.00% −0.41
IJH iShares Core S&P Midcap ETF Sold out 0.00% −0.39
TLT iShares 20+ Year Treasury BD Sold out 0.00% −0.31
TSLA Tesla Inc. Reduce -55.6% 0.19% −0.26
RSP Invesco S&P 500 Equal Weight Sold out 0.00% −0.24
VWO Vanguard Ftse Emerging Marke Sold out 0.00% −0.22
IJR iShares Core S&P Small-Cap E Sold out 0.00% −0.21
VLUE iShares MSCI USA Value Facto Sold out 0.00% −0.14
EZU iShares MSCI Eurozone ETF Sold out 0.00% −0.13

Portfolio Buys Q1 2025 → Q2 2025
HCA HCA Healthcare Inc. New 6.88% +6.88
AMZN Amazon.com Inc. New 2.10% +2.10
GOOGL Alphabet Inc. Class A New 1.28% +1.28
AVGO Broadcom Inc. New 1.13% +1.13
META Meta Platforms Inc. Class A New 0.90% +0.90
V Visa Inc. Class A New 0.75% +0.75
COST Costco Wholesale Corp. New 0.72% +0.72
NOW ServiceNow Inc. New 0.62% +0.62
PANW Palo Alto Networks Inc. New 0.62% +0.62
PNFP Pinnacle Financial Partners New 0.62% +0.62
ORLY O'reilly Automotive Inc. New 0.61% +0.61
NVDA Nvidia Corp. New 0.61% +0.61
INTU Intuit Inc. New 0.54% +0.54
CRM Salesforce Inc. New 0.52% +0.52
SPGI S&P Global Inc. New 0.51% +0.51
CRWD CrowdStrike Holdings Inc. Class A Add +5.2% 3.00% +0.46
QCOM Qualcomm Inc. Add +83.3% 1.35% +0.44
STE Steris PLC New 0.44% +0.44
VRSK Verisk Analytics Inc. New 0.43% +0.43
ABBV Abbvie Inc. New 0.42% +0.42
IQLT iShares MSCI International Q New 0.39% +0.39
NEE Nextera Energy Inc. New 0.34% +0.34
MDLZ Mondelez International Inc. Class A New 0.33% +0.33
ADBE Adobe Inc. New 0.32% +0.32
AMT American Tower Corp. New 0.32% +0.32
EQIX Equinix Inc. New 0.30% +0.30
SNPS Synopsys Inc. New 0.29% +0.29
IDXX Idexx Laboratories Inc. New 0.28% +0.28
MSCI MSCI Inc. New 0.28% +0.28
DHR Danaher Corp. New 0.27% +0.27
ECL Ecolab Inc. New 0.27% +0.27
FTV Fortive Corp. New 0.22% +0.22
XYL Xylem Inc. New 0.22% +0.22
SYK Stryker Corp. New 0.21% +0.21
ODFL Old Dominion Freight Line New 0.19% +0.19
IQV Iqvia Holdings Inc. New 0.18% +0.18
NE Noble Corp. PLC New 0.16% +0.16
FISV Fiserv Inc. New 0.16% +0.16
HHH Howard Hughes Holdings Inc. New 0.15% +0.15
UBER Uber Technologies Inc. New 0.14% +0.14
WEN The Wendy's Co. New 0.10% +0.10
QQQ Invesco QQQ Trust Series 1 New 0.10% +0.10
BRK.B Berkshire Hathaway Inc. Class B New 0.07% +0.07
EXC Exelon Corp. New 0.07% +0.07
ETN Eaton Corp. PLC New 0.06% +0.06
GOOG Alphabet Inc. Class C New 0.04% +0.04
APTV Aptiv PLC New 0.04% +0.04
MRK Merck & Co. Inc. Add +50.8% 0.68% +0.02
S Sentinelone Inc. Class A Add +15.4% 0.42% −0.04
SPY SS SPDR S&P 500 ETF Trust-US Add +2.1% 5.48% −0.76

Notes & Other Activity Q1 2025 → Q2 2025
RAL Ralliant Corp. COM New 0 $0

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 99$7.3MAAPL, RTX, SPY, HCA, XOM
Q1 2026 76$5.8MAAPL, RTX, HCA, XOM, CVX
Q4 2025 97$6.4MAAPL, RTX, HCA, XOM, SPY
Q3 2025 115$7.0MAAPL, RTX, HCA, SPY, XOM
Q2 2025 139$6.6MAAPL, HCA, XOM, RTX, UPS
Q1 2025 104$5.1MAAPL, XOM, UPS, CVX, RTX
Q4 2024 76$5.3MAAPL, FTNT, XOM, SPY, CVX