Spurstone Advisory Services, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Spurstone Advisory Services, LLC reported 97 stock positions worth $6.4 million. Its top holding was Apple (AAPL) at 21.5% of the portfolio, followed by RTX (RTX, 12.4%) and HCA Healthcare (HCA, 8.7%). Compared with Q3 2025, it opened 2 new positions, sold out of 20, added to 6 and reduced 8. The biggest buy was United Parcel Service Class B (UPS, shares +3%) and the biggest sale an exit from Salesforce (CRM).

Most Recent 13F
Q2 2026
Location
HIGGANUM, CT
CIK
0002056079
Portfolio Value
$6.4M (Q4 2025)
SEC Filing
0002056079-26-000001 ↗ filed Jan 29, 2026

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 Q2 2025 Q3 2025: $7.0M Q3 2025 Q4 2025: $6.4M $6.4M Q4 2025 Q1 2026: $5.8M Q1 2026 Q2 2026: $7.3M Q2 2026

Holdings 97 stocks · $6.4M
AAPL Apple Inc. 21.47% 5,021 $1.4M Reduce -4.0%
RTX RTX Corp. 12.39% 4,295 $788K Reduce -6.1%
HCA HCA Healthcare Inc. 8.69% 1,184 $553K No change
XOM Exxon Mobil Corp. 6.43% 3,398 $409K No change
SPY SS SPDR S&P 500 ETF Trust-US 6.27% 585 $399K No change
UPS United Parcel Service Class B 5.84% 3,742 $371K Add +2.8%
CVX Chevron Corp. 4.84% 2,020 $308K No change
JNJ Johnson & Johnson 4.12% 1,265 $262K Add +26.5%
CRWD CrowdStrike Holdings Inc. Class A 3.69% 500 $234K No change
PANW Palo Alto Networks Inc. 3.48% 1,200 $221K Reduce -2.4%
FTNT Fortinet Inc. 3.12% 2,500 $199K No change
PFE Pfizer Inc. 2.88% 7,344 $183K Reduce -8.2%
TRV The Travelers Cos Inc. 2.72% 596 $173K No change
AMZN Amazon.com Inc. 1.33% 366 $84K Reduce -14.1%
WBS Webster Financial Corp. 1.09% 1,104 $69K No change
RCL Royal Caribbean Cruises Ltd. 0.88% 200 $56K Reduce -15.3%
QCOM Qualcomm Inc. 0.82% 306 $52K No change
NVDA Nvidia Corp. 0.72% 246 $46K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.67% 780 $43K No change
HIG Hartford Insurance Group Inc. 0.65% 300 $41K No change
F Ford Motor Co. filed as FORD MTR CO 0.63% 3,050 $40K No change
MRK Merck & Co. Inc. 0.62% 374 $39K No change
LYFT LYFT Inc. Class A 0.60% 1,975 $38K No change
S Sentinelone Inc. Class A 0.59% 2,500 $38K Add +66.7%
PNFP Pinnacle Financial Partners 0.55% 369 $35K No change
NE Noble Corp. PLC 0.53% 1,200 $34K Add +20.0%
QS Quantumscape Corp. 0.32% 1,950 $20K No change
TSLA Tesla Inc. 0.28% 40 $18K No change
AEP American Electric Power 0.25% 138 $16K No change
GOOGL Alphabet Inc. Class A 0.25% 50 $16K Reduce -39.8%
HHH Howard Hughes Holdings Inc. 0.19% 150 $12K No change
MO Altria Group Inc. 0.18% 200 $12K No change
VTRS Viatris Inc. 0.18% 911 $11K No change
KMB Kimberly-Clark Corp. 0.16% 100 $10K New
WEN The Wendy's Co. 0.16% 1,200 $10K No change
DFAC Dimensional US Core Equity 2 0.16% 252 $10K No change
KVUE Kenvue Inc. 0.14% 500 $9K New
UBER Uber Technologies Inc. 0.13% 100 $8K No change
DFAU Dimensional US Core Equity M 0.12% 162 $8K No change
SWK Stanley Black & Decker Inc. 0.12% 100 $7K No change
CR Crane Co. 0.12% 40 $7K No change
QQQ Invesco QQQ Trust Series 1 0.12% 12 $7K No change
JOBY Joby Aviation Inc. 0.10% 500 $7K Add +100.0%
DFAX Dimensional World Ex US Core 0.10% 189 $6K No change
ACHR Archer Aviation Inc. Class A 0.08% 700 $5K Add +133.3%
DFUS Dimensional US Eq MKT ETF 0.08% 70 $5K No change
DFAI Dimensional International Co. 0.08% 134 $5K No change
MUB iShares National Muni Bond E 0.08% 46 $5K No change
DUHP Dimensional US High Profi Et 0.07% 122 $5K No change
IVV iShares Core S&P 500 ETF 0.06% 6 $4K No change
SCHG Schwab US Large-Cap Growth 0.06% 112 $4K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.06% 19 $4K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.05% 31 $3K No change
PSX Phillips 66 0.05% 25 $3K Reduce -97.6%
DFAE Dimensional Emerging Core Eq 0.05% 96 $3K No change
IEFA iShares Core MSCI Eafe ETF 0.05% 34 $3K No change
CARR Carrier Global Corp. 0.04% 51 $3K No change
SPYV SS SPDR P S&P 500 Value ETF 0.04% 40 $2K No change
OTIS Otis Worldwide Corp. 0.03% 25 $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
CXT Crane NXT Co. 0.03% 40 $2K No change
IWR iShares Russell Mid-Cap ETF 0.03% 17 $2K No change
VTEB Vanguard Tax-Exempt Bond ETF 0.03% 32 $2K No change
XERS Xeris Biopharma Holdings Inc. 0.02% 200 $2K No change
DON Wisdomtree US Midcap Dividen 0.02% 26 $1K No change
HYMB SS SPDR N Ice HY Muni ETF 0.02% 40 $998 No change
IEI iShares 3-7 Year Treasury Bo 0.01% 8 $955 No change
MDYG SS SPDR S&P 400 MC GR ETF 0.01% 9 $832 No change
IWM iShares Russell 2000 ETF 0.01% 3 $738 No change
SPTS SS SPDR P St Term TSY ETF 0.01% 24 $703 No change
ILTB iShares Core 10+ Year Usd Bo 0.01% 14 $696 No change
IEMG iShares Core MSCI Emerging 0.01% 10 $672 No change
HYD Vaneck High Yield Muni ETF 0.01% 13 $665 No change
JPST JPMorgan Ultra-Short Income 0.01% 13 $658 No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.01% 3 $635 No change
AVIG Avantis Core Fixed Income 0.01% 15 $629 No change
AVUV Avantis US Small Cap Value 0.01% 6 $612 No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.01% 2 $604 No change
VEA Vanguard Ftse Developed ETF 0.01% 9 $562 No change
USFR Wisdomtree Floating Rate Tre 0.01% 11 $554 No change
FIXD First Trust Smith Opportunis 0.01% 12 $532 No change
AGGY Wisdomtree Yield Enhanced US 0.01% 10 $440 No change
LMBS First Trust Low Duration Opp 0.01% 8 $400 No change
SLYG SS SPDR S&P 600 SC GR ETF 0.01% 4 $377 No change
CLOZ Eldridge BBB-B Clo ETF 0.01% 14 $371 No change
CLOX Eldridge Aaa Clo ETF 0.01% 13 $332 No change
EMB iShares JP Morgan Usd Emergi 0.00% 3 $289 No change
EMLC Vaneck JPM Em Local Curr BND 0.00% 11 $284 No change
OGN Organon & Co. 0.00% 37 $265 No change
EBND State Street SPDR Bloomberg 0.00% 10 $214 No change
VWOB Vanguard Emerg MKTS Gov BND 0.00% 3 $202 No change
KNG FT Vest S&P 500 DVD Arst TRG 0.00% 4 $197 No change
SPMB SS SPDR P Mort Back Bond ETF 0.00% 8 $179 No change
HYBL SS Blackstone High Inc. ETF 0.00% 4 $114 No change
CMBS iShares CMBS ETF 0.00% 2 $98 No change
SCHV Schwab US Large-Cap Value 0.00% 3 $89 No change

Portfolio Sells Q3 2025 → Q4 2025
CRM Salesforce Inc. Sold out 0.00% −2.38
PSX Phillips 66 Reduce -97.6% 0.05% −1.95
HON Honeywell International Inc. Sold out 0.00% −1.81
SBUX Starbucks Corp. Sold out 0.00% −1.21
IBM Intl Business Machines Corp. Sold out 0.00% −1.18
SWBI Smith & Wesson Brands Inc. Sold out 0.00% −0.66
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −0.56
SWKS Skyworks Solutions Inc. Sold out 0.00% −0.55
SO The Southern Co. Sold out 0.00% −0.33
XEL Xcel Energy Inc. Sold out 0.00% −0.27
INTC Intel Corp. Sold out 0.00% −0.26
NFLX Netflix Inc. Sold out 0.00% −0.26
RCL Royal Caribbean Cruises Ltd. Reduce -15.3% 0.88% −0.22
AOUT American Outdoor Brands Inc. Sold out 0.00% −0.15
META Meta Platforms Inc. Class A Sold out 0.00% −0.12
PANW Palo Alto Networks Inc. Reduce -2.4% 3.48% −0.12
MCK McKesson Corp. Sold out 0.00% −0.11
VZ Verizon Communications Inc. Sold out 0.00% −0.10
PFE Pfizer Inc. Reduce -8.2% 2.88% −0.05
MU Micron Technology Inc. Sold out 0.00% −0.05
GOOGL Alphabet Inc. Class A Reduce -39.8% 0.25% −0.04
BP BP PLC-Spons ADR Sold out 0.00% −0.04
CYBR Cyberark Software Ltd./Israel Sold out 0.00% −0.03
KD Kyndryl Holdings Inc. Sold out 0.00% −0.03
JBL Jabil Inc. Sold out 0.00% −0.02
AMZN Amazon.com Inc. Reduce -14.1% 1.33% −0.01
RTX RTX Corp. Reduce -6.1% 12.39% +1.41
AAPL Apple Inc. Reduce -4.0% 21.47% +2.37

Portfolio Buys Q3 2025 → Q4 2025
UPS United Parcel Service Class B Add +2.8% 5.84% +1.47
JNJ Johnson & Johnson Add +26.5% 4.12% +1.46
S Sentinelone Inc. Class A Add +66.7% 0.59% +0.21
KMB Kimberly-Clark Corp. New 0.16% +0.16
KVUE Kenvue Inc. New 0.14% +0.14
NE Noble Corp. PLC Add +20.0% 0.53% +0.13
JOBY Joby Aviation Inc. Add +100.0% 0.10% +0.05
ACHR Archer Aviation Inc. Class A Add +133.3% 0.08% +0.04

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