Gradient Capital Advisors, LLC

CIK 1727917 · View on SEC EDGAR ↗

Portfolio value: $431.8M
Positions: 179
As of: June 30, 2026

Portfolio value QoQ: +11.9% 13F does not disclose cash

Top 10 holdings weight: 36.20%
Top 25 holdings weight: 60.58%
Positions above 1%: 32
Effective number of positions: 43.0

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 2.18% Est. buys $16,456,401 · sells $8,893,698

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 89.9% still held

New positions: 9
Increased: 67
Decreased: 63
Closed: 7

On this page

Sector breakdown How the portfolio splits across market sectors.
Portfolio Every stock this institution reports holding, from its latest 13F.
High-conviction bets The holdings this manager is most concentrated in.
Biggest new bets Brand-new positions opened in the latest quarter.
Top moves The biggest position increases and decreases this quarter.
Exited positions Positions the manager fully sold out of last quarter.

Sector breakdown

Technology

12.6%

Communication Services

3.4%

Financials

2.2%

Consumer Discretionary

1.5%

Retail

1.1%

Financial Services

1.0%

Communications

0.7%

Healthcare

0.7%

Industrials

0.7%

Real Estate

0.5%

Energy

0.4%

Logistics & Transportation

0.1%

Materials

0.1%

Consumer products

0.1%

Utilities

0.0%

Other/Unmapped

75.1%

Full portfolio 179 positions

					Streak
IVV	$39,219,542	9.08%	52,370	$4,671,060	Down ×1
AAPL Apple Inc. - Common Stock	$20,565,699	4.76%	71,073	$2,393,867	Down ×6
SPDW	$15,593,790	3.61%	309,462	$1,210,936	Down ×5
VCSH Vanguard Short-Term Corporate Bond ETF	$14,230,880	3.30%	180,069	$264,979	Up ×4
DFGP Dimensional Global Core Plus Fixed Income ETF	$12,789,005	2.96%	234,833	$1,073,067	Up ×5
DFSD	$12,280,536	2.84%	257,184	$1,091,219	Up ×4
SCHF	$11,761,052	2.72%	424,587	$991,133	Down ×6
SCHM	$11,078,587	2.57%	300,477	$1,490,585	Down ×4
DFAT	$9,410,072	2.18%	134,622	$758,227	Down ×2
GOOGL Alphabet Inc. - Class A Common Stock	$9,359,310	2.17%	26,189	$2,149,324	Up ×5
DFEM	$9,028,465	2.09%	222,157	$1,099,941	Down ×2
VV	$8,537,870	1.98%	24,826	$1,002,999	Down ×4
VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares	$8,528,100	1.98%	169,781	$442,194	Up ×2
VEA	$8,142,597	1.89%	114,282	$775,896	Down ×1
DFSV	$8,137,840	1.88%	209,792	$1,003,906	Up ×6
SCHX	$7,646,512	1.77%	259,820	$950,073	Down ×4
JPM JP Morgan Chase & Co. Common Stock	$7,427,329	1.72%	22,691	$758,264	Up ×1
DFUV	$6,865,739	1.59%	124,809	$763,693	Down ×4
LRCX Lam Research Corporation - Common Stock	$6,770,537	1.57%	15,624	$2,367,616	Down ×4
NVDA NVIDIA Corporation - Common Stock	$6,464,394	1.50%	32,307	$795,132	Down ×3
DFAR	$5,735,004	1.33%	219,228	$669,245	Up ×6
TSLA Tesla, Inc. - Common Stock	$5,540,143	1.28%	13,172	$483,599	Down ×6
BRKB	$5,530,310	1.28%	11,052	$862,423	Up ×6
JPST	$5,498,828	1.27%	108,737	$222,456	Up ×1
DFAX	$5,416,566	1.25%	147,029	$528,339	Up ×6
DFLV	$5,292,785	1.23%	133,859	$698,479	Up ×6
MSFT Microsoft Corporation - Common Stock	$5,108,340	1.18%	13,695	$-80,095	Down ×3
VOO	$4,820,954	1.12%	7,019	$621,978	Down ×5
VXUS Vanguard Total International Stock ETF	$4,805,709	1.11%	56,214	$495,962	Up ×1
SCHD	$4,685,055	1.09%	147,747	$113,632	Down ×1
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF	$4,611,766	1.07%	87,994	$114,627	Up ×1
VO	$4,434,657	1.03%	55,041	$323,768	Up ×1
EMXC iShares MSCI Emerging Markets ex China ETF	$4,143,699	0.96%	40,505	$1,166,182	Up ×1
AVGO Broadcom Inc. - Common Stock	$4,079,909	0.94%	10,801	$634,659	Down ×4
VB	$3,877,010	0.90%	12,790	$487,769	Down ×4
VNQI Vanguard Global ex-U.S. Real Estate ETF	$3,868,088	0.90%	86,245	$221,899	Up ×6
DISV	$3,681,486	0.85%	91,739	$80,811	Up ×1
GLD	$3,627,069	0.84%	9,846	$-437,450	Up ×2
VUG	$3,500,992	0.81%	40,643	$338,014	Up ×1
META Meta Platforms, Inc. - Class A Common Stock	$3,489,800	0.81%	6,195	$-167,577	Down ×3
CSCO Cisco Systems, Inc. - Common Stock	$2,866,908	0.66%	24,408	$980,830	Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd.	$2,853,003	0.66%	5,974	$869,912	Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock	$2,768,617	0.64%	4,766	$1,769,776	Down ×6
BILS	$2,617,172	0.61%	26,335	$420,244	Up ×1
VTV	$2,503,188	0.58%	11,486	$292,696	Up ×2
AMZN Amazon.com, Inc. - Common Stock	$2,346,457	0.54%	9,845	$268,547	Down ×3
VBR	$2,307,228	0.53%	9,495	$161,310	Down ×6
DFAE	$2,280,068	0.53%	56,704	$290,861	Down ×5
AVMC	$2,167,312	0.50%	27,007	$521,974	Up ×6
AVDV	$2,143,028	0.50%	20,796	$-2,864	Down ×5
GLDM	$2,028,943	0.47%	25,547	$-370,152	Down ×3
SCHB	$2,025,404	0.47%	69,938	$279,699	Up ×2
WPC W. P. Carey Inc. REIT	$1,987,015	0.46%	27,790	$89,224	Down ×6
BK The Bank of New York Mellon Corporation Common Stock	$1,930,110	0.45%	13,347	$341,061	Down ×1
VNQ	$1,846,821	0.43%	19,152	$149,863	Up ×1
VEU	$1,702,803	0.39%	20,332	$137,761	Down ×3
IWM	$1,677,713	0.39%	5,584	$292,881
AVUV	$1,580,335	0.37%	12,667	$146,324	Down ×4
CVX Chevron Corporation Common Stock	$1,538,649	0.36%	9,282	$-373,431	Up ×1
SGOV iShares 0-3 Month Treasury Bond ETF	$1,525,557	0.35%	15,154	$533,018	Up ×2
VTI	$1,522,025	0.35%	4,113	$208,319	Up ×2
SCHA	$1,437,519	0.33%	39,787	$144,025	Down ×2
JNJ Johnson & Johnson Common Stock	$1,352,342	0.31%	5,325	$35,168	Down ×2
SCHV	$1,310,430	0.30%	37,645	$116,405	Down ×5
SLV	$1,260,769	0.29%	23,579	$-367,709	Down ×3
MU Micron Technology, Inc. - Common Stock	$1,215,467	0.28%	1,053	$854,316	Down ×1
DFAC	$1,153,949	0.27%	26,013	$162,089	Up ×3
AMGN Amgen Inc. - Common Stock	$1,121,539	0.26%	3,097	$32,221	Up ×4
BAC Bank of America Corporation Common Stock	$1,113,068	0.26%	19,534	$55,320	Down ×1
CAT Caterpillar, Inc. Common Stock	$1,111,602	0.26%	1,044	$363,604	Down ×6
INTC Intel Corporation - Common Stock	$1,108,346	0.26%	7,938	$697,905	Down ×1
VIG	$1,107,374	0.26%	4,680	$48,091	Down ×3
FEZ	$1,045,035	0.24%	15,216	$83,726	Down ×4
QQQ Invesco QQQ Trust, Series 1	$998,228	0.23%	1,356	$198,516	Down ×3
GOOG Alphabet Inc. - Class C Capital Stock	$980,394	0.23%	2,775	$171,849	Down ×1
XLP XLP	$945,111	0.22%	11,377	$38,830	Up ×3
SCHH	$944,808	0.22%	39,899	$87,765	Up ×1
QCOM QUALCOMM Incorporated - Common Stock	$919,959	0.21%	4,978	$263,518	Down ×6
IJR	$909,716	0.21%	6,134	$122,949	Down ×1
COST Costco Wholesale Corporation - Common Stock	$897,574	0.21%	959	$-39,820	Up ×6
LMT Lockheed Martin Corporation Common Stock	$878,889	0.20%	1,725	$-168,430	Down ×1
V Visa Inc.	$869,840	0.20%	2,535	$75,179	Down ×1
IBDX	$864,754	0.20%	34,329	$-2,747
BSV	$855,631	0.20%	10,982	$1,403	Up ×3
VHT	$854,046	0.20%	2,856	$113,516	Up ×1
IBDW	$850,293	0.20%	40,801	$-3,672
VYM	$838,914	0.19%	5,309	$52,977	Up ×1
DFIC	$798,668	0.18%	21,435	$-17,172	Down ×1
HD Home Depot, Inc. (The) Common Stock	$780,207	0.18%	2,212	$2,528	Down ×1
IVW	$736,061	0.17%	5,352	$130,696
SCHZ	$724,668	0.17%	31,330	$33,974	Up ×1
VWO	$657,397	0.15%	11,014	$39,568	Down ×4
IBDV	$653,978	0.15%	29,999	$-2,700
DFAI	$643,459	0.15%	15,599	$35,722
IEFA	$605,740	0.14%	6,272	$28,892	Down ×2
AMAT Applied Materials, Inc. - Common Stock	$579,846	0.13%	802	$299,920	Down ×2
SPSB	$579,589	0.13%	19,313	$-4,742	Down ×1
FEOE First Eagle Overseas Equity ETF	$576,506	0.13%	10,796	$205,120	Up ×1
IVE	$572,872	0.13%	2,523	$40,141
SPY SPY	$561,571	0.13%	752	$29,895	Down ×3
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
VCSH	$14,230,880	3.30%	up ×4
DFGP	$12,789,005	2.96%	up ×5
DFSD	$12,280,536	2.84%	up ×4
GOOGL	$9,359,310	2.17%	up ×5
DFSV	$8,137,840	1.88%	up ×6
DFAR	$5,735,004	1.33%	up ×6
BRKB	$5,530,310	1.28%	up ×6
DFAX	$5,416,566	1.25%	up ×6
DFLV	$5,292,785	1.23%	up ×6
VNQI	$3,868,088	0.90%	up ×6
AVMC	$2,167,312	0.50%	up ×6
DFAC	$1,153,949	0.27%	up ×3
AMGN	$1,121,539	0.26%	up ×4
XLP	$945,111	0.22%	up ×3
COST	$897,574	0.21%	up ×6

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
Unknown issuer (CUSIP: 30233Q108)	$505,658	3,698	0.12%
FEGE	$334,075	6,829	0.08%
CRWD	$276,257	362	0.06%
GEV	$226,748	193	0.05%
IBCA	$223,652	8,733	0.05%
DE	$222,016	350	0.05%
STIP	$210,292	2,058	0.05%
NXPI	$205,995	733	0.05%
BSCT	$194,072	10,448	0.04%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
IVV	Trimmed	-520	+$4.7M
AAPL	Trimmed	-529	+$2.4M
LRCX	Trimmed	-5K	+$2.4M
GOOGL	Bought more	+1K	+$2.1M
AMD	Trimmed	-144	+$1.8M
SCHM	Trimmed	-9K	+$1.5M
SPDW	Trimmed	-6K	+$1.2M
EMXC	Bought more	+3K	+$1.2M
DFEM	Trimmed	-7K	+$1.1M
DFSD	Bought more	+23K	+$1.1M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
SHYM	Sept. 30, 2025	34,635	$772,707	No longer tracked
XOM	June 30, 2026	3,696	$627,024	22.5%
POWR	Dec. 31, 2025	13,065	$327,734	No longer tracked
CEG	June 30, 2026	1,096	$305,924	10.8%
PFE	June 30, 2026	10,356	$290,806	15.6%
MRK	June 30, 2025	3,024	$271,446	90.0%
LLY	March 31, 2026	238	$255,774	37.9%
PLTR	June 30, 2026	1,693	$247,652	49.7%
ACN	June 30, 2026	1,219	$241,716	48.7%
ISRG	March 31, 2026	425	$240,703	-14.3%
CRM	June 30, 2026	1,264	$235,886	31.3%
ADBE	March 31, 2026	659	$230,643	12.7%
PDBC	June 30, 2025	16,488	$224,729
LULU	June 30, 2025	789	$223,334	-50.5%
BMY	June 30, 2025	3,609	$220,113	44.3%
ISRG	Sept. 30, 2025	397	$215,734	-11.7%
SO	Dec. 31, 2025	2,180	$206,557	6.0%
AXP	March 31, 2025	686	$203,707	24.3%
JCPI	Sept. 30, 2025	4,152	$200,329	No longer tracked
ATEC	Sept. 30, 2025	15,000	$166,500	-33.9%
OFIX	June 30, 2026	10,004	$114,746	15.1%
AMC	Dec. 31, 2025	10,004	$29,012	66.3%
IPA	Sept. 30, 2025	26,808	$28,416	No longer tracked