13F HOLDINGS REPORT

LYELL WEALTH MANAGEMENT, LP

Quarter ended Q2 2025 · Filed July 29, 2025 · Accession 0001104659-25-071730

Total Value

$1.27B

Positions

219

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (219)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	NVIDIA CORPORATION COM	NVDA	594,220	$93.9M	7.42%
2	MICROSOFT CORP COM	MSFT	90,100	$44.8M	3.54%
3	META PLATFORMS INC CL A	META	51,726	$38.2M	3.02%
4	APPLE INC COM	AAPL	183,514	$37.7M	2.97%
5	AMAZON COM INC COM	AMZN	169,355	$37.2M	2.93%
6	PALO ALTO NETWORKS INC COM	PANW	164,836	$33.7M	2.66%
7	JPMORGAN CHASE & CO. COM	VYLD	100,270	$29.1M	2.30%
8	COSTCO WHSL CORP NEW COM	22160K105	28,341	$28.1M	2.22%
9	SERVICENOW INC COM	NOW	26,495	$27.2M	2.15%
10	ALPHABET INC CAP STK CL A	GOOG	152,482	$26.9M	2.12%
11	INTUIT COM	INTU	31,675	$24.9M	1.97%
12	WORKDAY INC CL A	WDAY	94,187	$22.6M	1.79%
13	NETFLIX INC COM	NFLX	16,196	$21.7M	1.71%
14	VANECK SEMICONDUCTOR ETF	92189F676	72,746	$20.3M	1.60%
15	INTUITIVE SURGICAL INC COM NEW	ISRG	35,658	$19.4M	1.53%
16	AMPHENOL CORP NEW CL A	032095101	195,573	$19.3M	1.53%
17	SHOPIFY INC CL A SUB VTG SHS	SHOP	164,816	$19.0M	1.50%
18	VISA INC COM CL A	V	52,274	$18.6M	1.47%
19	SALESFORCE INC COM	CRM	64,808	$17.7M	1.40%
20	UBER TECHNOLOGIES INC COM	UBER	185,905	$17.3M	1.37%
21	ALPHABET INC CAP STK CL C	GOOG	93,102	$16.5M	1.30%
22	HOME DEPOT INC COM	HD	45,026	$16.5M	1.30%
23	VEEVA SYS INC CL A COM	VEEV	54,208	$15.6M	1.23%
24	ASML HOLDING N V N Y REGISTRY SHS	ASMLF	19,457	$15.6M	1.23%
25	CADENCE DESIGN SYSTEM INC COM	CDNS	50,339	$15.5M	1.23%
26	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	874039100	68,360	$15.5M	1.22%
27	MORGAN STANLEY COM NEW	MS-PQ	108,280	$15.3M	1.20%
28	STRYKER CORPORATION COM	SYK	38,010	$15.0M	1.19%
29	D R HORTON INC COM	23331A109	114,625	$14.8M	1.17%
30	CATERPILLAR INC COM	CAT	37,363	$14.5M	1.15%
31	VERTIV HOLDINGS CO COM CL A	VRT	105,062	$13.5M	1.07%
32	QUANTA SVCS INC COM	74762E102	35,571	$13.4M	1.06%
33	SNOWFLAKE INC COM SHS	SNOW	59,176	$13.2M	1.05%
34	THERMO FISHER SCIENTIFIC INC COM	TMO	32,114	$13.0M	1.03%
35	IDEXX LABS INC COM	45168D104	23,142	$12.4M	0.98%
36	ADVANCED MICRO DEVICES INC COM	AMD	86,746	$12.3M	0.97%
37	HONEYWELL INTL INC COM	438516106	52,726	$12.3M	0.97%
38	SPDR GOLD SHARES	GLD	39,810	$12.1M	0.96%
39	WALMART INC COM	WMT	118,633	$11.6M	0.92%
40	MASTERCARD INCORPORATED CL A	MA	18,866	$10.6M	0.84%
41	DIGITAL RLTY TR INC COM	253868103	59,419	$10.4M	0.82%
42	EXTREME NETWORKS COM	EXTR	568,991	$10.2M	0.81%
43	ZOETIS INC CL A	ZTS	65,082	$10.1M	0.80%
44	CLOUDFLARE INC CL A COM	NET	51,823	$10.1M	0.80%
45	SPDR S&P 500 ETF TRUST	SPY	16,241	$10.0M	0.79%
46	ISHARES IBONDS DEC 2027 TERM CORPORATE ETF	46435UAA9	409,350	$9.9M	0.78%
47	ISHARES IBONDS DEC 2028 TERM CORPORATE ETF	46435U515	373,853	$9.5M	0.75%
48	ISHARES IBONDS DEC 2026 TERM CORPORATE ETF	46435GAA0	391,583	$9.5M	0.75%
49	LENNAR CORP CL A	LEN-B	84,184	$9.3M	0.74%
50	BROADRIDGE FINL SOLUTIONS INC COM	11133T103	38,127	$9.3M	0.73%
51	T-MOBILE US INC COM	TMUSZ	37,579	$9.0M	0.71%
52	ABBOTT LABS COM	ABLZF	64,861	$8.8M	0.70%
53	TOLL BROTHERS INC COM	TOL	77,178	$8.8M	0.70%
54	BLUE OWL CAPITAL INC COM CL A	OWL	453,017	$8.7M	0.69%
55	INDUSTRIAL SELECT SECTOR SPDR FUND	81369Y704	58,086	$8.6M	0.68%
56	ISHARES IBONDS DEC 2029 TERM CORPORATE ETF	46436E205	365,736	$8.5M	0.67%
57	GUIDEWIRE SOFTWARE INC COM	GWRE	35,190	$8.3M	0.65%
58	BERKSHIRE HATHAWAY INC DEL CL B NEW	BRK-A	16,827	$8.2M	0.65%
59	BLACKROCK INC COM	BLK	7,729	$8.1M	0.64%
60	DEERE & CO COM	DE	15,749	$8.0M	0.63%
61	UNION PAC CORP COM	UNP	34,553	$7.9M	0.63%
62	ISHARES IBONDS DEC 2025 TERM CORPORATE ETF	46434VBD1	310,222	$7.8M	0.62%
63	ISHARES IBONDS DEC 2030 TERM CORPORATE ETF	46436E726	333,362	$7.3M	0.58%
64	THE TRADE DESK INC COM CL A	88339J105	92,072	$6.6M	0.52%
65	FREEPORT-MCMORAN INC CL B	FCX	139,365	$6.0M	0.48%
66	VANGUARD S&P 500 ETF	922908363	9,713	$5.5M	0.44%
67	ISHARES IBONDS DEC 2032 TERM CORPORATE ETF	46436E312	218,025	$5.5M	0.44%
68	ISHARES IBONDS DEC 2031 TERM CORPORATE ETF	46436E486	253,000	$5.3M	0.42%
69	DISNEY WALT CO COM	254687106	40,336	$5.0M	0.40%
70	HEALTH CARE SELECT SECTOR SPDR FUND	81369Y209	35,621	$4.8M	0.38%
71	TECHNOLOGY SELECT SECTOR SPDR FUND	81369Y803	18,313	$4.6M	0.37%
72	BROADCOM INC COM	AVGO	16,490	$4.5M	0.36%
73	BANK AMERICA CORP COM	060505104	89,494	$4.2M	0.33%
74	DEXCOM INC COM	DXCM	46,836	$4.1M	0.32%
75	CHEVRON CORP NEW COM	CVX	28,181	$4.0M	0.32%
76	ISHARES CORE S&P 500 ETF	464287200	6,093	$3.8M	0.30%
77	ADOBE INC COM	ADBE	9,466	$3.7M	0.29%
78	BALL CORP COM	BALL	49,507	$2.8M	0.22%
79	INVESCO QQQ TRUST SERIES I	IVZ	4,956	$2.7M	0.22%
80	ISHARES TIPS BOND ETF	464287176	24,308	$2.7M	0.21%
81	ENERGY SELECT SECTOR SPDR FUND	81369Y506	31,539	$2.7M	0.21%
82	CORVEL CORP COM	CRVL	25,398	$2.6M	0.21%
83	SCHLUMBERGER LTD COM STK	SLB	76,366	$2.6M	0.20%
84	ISHARES CORE S&P MID-CAP ETF	464287507	40,085	$2.5M	0.20%
85	INVESCO S&P 500 EQUAL WEIGHT ETF	IVZ	13,615	$2.5M	0.20%
86	ISHARES IBONDS DEC 2033 TERM CORPORATE ETF	46436E130	90,245	$2.3M	0.18%
87	EXXON MOBIL CORP COM	XOM	21,596	$2.3M	0.18%
88	CONOCOPHILLIPS COM	COP	23,707	$2.1M	0.17%
89	ISHARES RUSSELL 2000 ETF	464287655	9,192	$2.0M	0.16%
90	VANECK MERK GOLD ETF	OUNZ	59,795	$1.9M	0.15%
91	CROWN CASTLE INC COM	CCI	18,298	$1.9M	0.15%
92	ELI LILLY & CO COM	LLY	2,391	$1.9M	0.15%
93	PROCEPT BIOROBOTICS CORP COM	PRCT	31,440	$1.8M	0.14%
94	PNC FINL SVCS GROUP INC COM	693475105	9,577	$1.8M	0.14%
95	NIKE INC CL B	NKE	24,073	$1.7M	0.14%
96	FINANCIAL SELECT SECTOR SPDR FUND	81369Y605	31,989	$1.7M	0.13%
97	LOWES COS INC COM	548661107	7,183	$1.6M	0.13%
98	FIRST TRUST DOW JONES INTERNET INDEX FUND	33733E302	5,747	$1.5M	0.12%
99	ISHARES MSCI EAFE ETF	464287465	17,000	$1.5M	0.12%
100	DOORDASH INC CL A	DASH	5,800	$1.4M	0.11%
101	ISHARES RUSSELL 1000 GROWTH ETF	464287614	3,320	$1.4M	0.11%
102	AMERICAN EXPRESS CO COM	AXP	4,205	$1.3M	0.11%
103	VANGUARD FTSE ALL-WORLD EX-US INDEX FUND	922042775	19,570	$1.3M	0.10%
104	ATLASSIAN CORPORATION CL A	TEAM	6,359	$1.3M	0.10%
105	ISHARES CORE S&P SMALL CAP ETF	464287804	11,805	$1.3M	0.10%
106	TESLA INC COM	TSLA	4,040	$1.3M	0.10%
107	ISHARES RUSSELL MIDCAP ETF	464287499	13,615	$1.3M	0.10%
108	CITIGROUP INC COM NEW	C-PR	14,667	$1.2M	0.10%
109	REDDIT INC CL A	RDDT	8,237	$1.2M	0.10%
110	SCHWAB INTERNATIONAL EQUITY ETF	808524805	56,076	$1.2M	0.10%
111	MICRON TECHNOLOGY INC COM	MU	9,917	$1.2M	0.10%
112	PEPSICO INC COM	PEP	9,048	$1.2M	0.09%
113	JOHNSON & JOHNSON COM	JNJ	7,662	$1.2M	0.09%
114	ISHARES MSCI EMERGING MARKETS ETF	464287234	24,131	$1.2M	0.09%
115	STARBUCKS CORP COM	SBUX	12,600	$1.2M	0.09%
116	ISHARES EXPANDED TECH-SOFTWARE SECTOR ETF	464287515	10,377	$1.1M	0.09%
117	SPDR S&P MIDCAP 400 ETF TRUST	MDY	1,930	$1.1M	0.09%
118	RTX CORPORATION COM	RTX	7,408	$1.1M	0.09%
119	NORTHROP GRUMMAN CORP COM	NOC	2,150	$1.1M	0.08%
120	CISCO SYS INC COM	CSCO	15,467	$1.1M	0.08%
121	TE CONNECTIVITY PLC ORD SHS	TEL	6,312	$1.1M	0.08%
122	JOHNSON CTLS INTL PLC SHS	G51502105	9,962	$1.1M	0.08%
123	EQUINIX INC COM	EQIX	1,230	$978,428	0.08%
124	SCHWAB EMERGING MARKETS EQUITY ETF	808524706	31,315	$943,835	0.07%
125	PROCTER AND GAMBLE CO COM	742718109	5,811	$925,809	0.07%
126	MEDTRONIC PLC SHS	MDT	10,240	$892,621	0.07%
127	CSX CORP COM	CSX	27,345	$892,267	0.07%
128	ORACLE CORP COM	ORCL-PD	3,906	$853,969	0.07%
129	AXON ENTERPRISE INC COM	AXON	1,005	$832,080	0.07%
130	GILEAD SCIENCES INC COM	GILD	7,000	$776,090	0.06%
131	AMERIPRISE FINL INC COM	03076C106	1,404	$749,357	0.06%
132	MILLROSE PPTYS INC COM CL A	601137102	25,877	$737,753	0.06%
133	ISHARES BIOTECHNOLOGY ETF	464287556	5,774	$730,476	0.06%
134	INTERNATIONAL BUSINESS MACHS COM	INTR	2,434	$717,495	0.06%
135	LOCKHEED MARTIN CORP COM	LMT	1,538	$712,339	0.06%
136	SCHWAB CHARLES CORP COM	SCHW-PJ	7,713	$703,734	0.06%
137	SPDR S&P HOMEBUILDERS ETF	78464A888	7,130	$702,804	0.06%
138	ISHARES CORE MSCI EAFE ETF	46432F842	8,335	$695,806	0.05%
139	TARGA RES CORP COM	TRGP	3,856	$671,252	0.05%
140	MERCADOLIBRE INC COM	MELI	251	$656,021	0.05%
141	ISHARES U.S. HOME CONSTRUCTION ETF	464288752	6,983	$650,607	0.05%
142	SCHWAB US DIVIDEND EQUITY ETF	808524797	23,179	$614,244	0.05%
143	ROYAL CARIBBEAN GROUP COM	V7780T103	1,900	$594,966	0.05%
144	TEXAS INSTRS INC COM	882508104	2,768	$574,692	0.05%
145	VANGUARD SMALL-CAP ETF	922908751	2,408	$570,648	0.05%
146	VANGUARD MID-CAP ETF	922908629	1,908	$533,916	0.04%
147	BOOKING HOLDINGS INC COM	BKNG	88	$509,453	0.04%
148	VANGUARD TOTAL STOCK MARKET ETF	922908769	1,663	$505,436	0.04%
149	LAM RESEARCH CORP COM NEW	LRCX	5,170	$503,248	0.04%
150	ISHARES BITCOIN TRUST ETF	IBIT	8,081	$494,638	0.04%
151	INTERCONTINENTAL EXCHANGE INC COM	45866F104	2,565	$470,601	0.04%
152	DANAHER CORPORATION COM	235851102	2,296	$453,552	0.04%
153	VANGUARD FTSE EUROPE ETF	922042874	5,851	$453,453	0.04%
154	TWILIO INC CL A	TWLO	3,468	$431,280	0.03%
155	VANGUARD REAL ESTATE ETF	922908553	4,830	$430,160	0.03%
156	ISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF	464288620	8,150	$419,236	0.03%
157	GOLDMAN SACHS GROUP INC COM	GSCE	587	$415,449	0.03%
158	AMGEN INC COM	AMGN	1,483	$414,068	0.03%
159	MERCK & CO INC COM	MRK	5,224	$413,532	0.03%
160	COCA COLA CO COM	KO	5,725	$405,044	0.03%
161	ISHARES RUSSELL 3000 ETF	464287689	1,150	$403,650	0.03%
162	DRAFTKINGS INC NEW COM CL A	DKNG	9,149	$392,401	0.03%
163	AMETEK INC COM	AME	2,054	$371,692	0.03%
164	VANGUARD DIVIDEND APPRECIATION ETF	921908844	1,810	$370,453	0.03%
165	TRANE TECHNOLOGIES PLC SHS	TT	843	$368,737	0.03%
166	KINDER MORGAN INC DEL COM	EP-PC	12,519	$368,059	0.03%
167	GE AEROSPACE COM NEW	369604301	1,424	$366,523	0.03%
168	VANGUARD INFORMATION TECHNOLOGY ETF	92204A702	550	$364,605	0.03%
169	EATON CORP PLC SHS	ETN	975	$348,065	0.03%
170	PALANTIR TECHNOLOGIES INC CL A	PLTR	2,451	$334,120	0.03%
171	NORFOLK SOUTHN CORP COM	655844108	1,300	$332,761	0.03%
172	THE CIGNA GROUP COM	125523100	1,006	$332,563	0.03%
173	VANGUARD GROWTH ETF	922908736	730	$320,117	0.03%
174	CONSUMER STAPLES SELECT SECTOR SPDR FUND	81369Y308	3,847	$311,492	0.02%
175	ISHARES MSCI JAPAN ETF	46434G822	4,128	$309,476	0.02%
176	TRAVELERS COMPANIES INC COM	TRV	1,155	$309,009	0.02%
177	FLUOR CORP NEW COM	FLR	6,000	$307,620	0.02%
178	TRUIST FINL CORP COM	89832Q109	7,143	$307,078	0.02%
179	INVESCO WATER RESOURCES ETF	IVZ	4,318	$301,871	0.02%
180	ISHARES 1-3 YEAR TREASURY BOND ETF	464287457	3,637	$301,362	0.02%
181	VANECK OIL SERVICES ETF	92189H607	1,286	$296,153	0.02%
182	ISHARES MSCI TAIWAN ETF	46434G772	5,125	$294,175	0.02%
183	COLUMBIA INDIA CONSUMER ETF	19762B707	4,512	$292,739	0.02%
184	TRIP COM GROUP LTD ADS	TRPCF	4,973	$291,617	0.02%
185	ISHARES S&P 100 ETF	464287101	940	$286,032	0.02%
186	ABBVIE INC COM	ABBV	1,520	$282,142	0.02%
187	ISHARES CORE U.S. AGGREGATE BOND ETF	464287226	2,835	$281,232	0.02%
188	GE VERNOVA INC COM	GEV	526	$278,333	0.02%
189	INVESCO RAFI US 1500 SMALL-MID ETF	IVZ	6,774	$275,491	0.02%
190	SPDR S&P BIOTECH ETF	78464A870	3,288	$272,674	0.02%
191	TARGET CORP COM	TGT	2,753	$271,583	0.02%
192	COHERENT CORP COM	COHR	3,000	$267,630	0.02%
193	ISHARES S&P MID-CAP 400 GROWTH ETF	464287606	2,875	$261,568	0.02%
194	BRISTOL-MYERS SQUIBB CO COM	CELG-RI	5,645	$261,307	0.02%
195	PLAINS ALL AMERN PIPELINE L P UNIT LTD PARTN	726503105	13,900	$254,648	0.02%
196	ENBRIDGE INC COM	ENNPF	5,580	$252,886	0.02%
197	CHIPOTLE MEXICAN GRILL INC COM	CMG	4,500	$252,675	0.02%
198	COMERICA INC COM	200340107	4,000	$238,600	0.02%
199	QUALCOMM INC COM	QCOM	1,488	$236,979	0.02%
200	ENTERPRISE PRODS PARTNERS L P COM	293792107	7,589	$235,335	0.02%
201	ISHARES MSCI NETHERLANDS ETF	464286814	4,240	$231,080	0.02%
202	ACCENTURE PLC IRELAND SHS CLASS A	ACN	772	$230,743	0.02%
203	UNITED PARCEL SERVICE INC CL B	UPS	2,253	$227,418	0.02%
204	AUTOZONE INC COM	AZO	60	$222,734	0.02%
205	ALERIAN MLP ETF	00162Q452	4,500	$219,870	0.02%
206	ISHARES GOLD TRUST	IAU	3,517	$219,320	0.02%
207	CHENIERE ENERGY INC COM NEW	LNG	895	$217,950	0.02%
208	IPATH BLOOMBERG COMMODITY INDEX TOTAL RETURN ETN	VXZ	6,350	$215,773	0.02%
209	ROBERT HALF INC. COM	RHI	5,212	$213,953	0.02%
210	CVS HEALTH CORP COM	CVS	3,070	$211,769	0.02%
211	ARISTA NETWORKS INC COM SHS	ANET	2,036	$208,303	0.02%
212	PARKER-HANNIFIN CORP COM	PH	295	$206,049	0.02%
213	GLOBAL X DAX GERMANY ETF	37954Y491	4,495	$201,960	0.02%
214	ANSYS INC COM	03662Q105	575	$201,952	0.02%
215	GRAB HOLDINGS LIMITED CLASS A ORD	GRABW	40,000	$201,200	0.02%
216	ATLAS ENERGY SOLUTIONS INC COM NEW	AESI	14,766	$197,421	0.02%
217	ENERGY TRANSFER L P COM UT LTD PTN	ET-PI	10,350	$187,646	0.01%
218	FORD MTR CO COM	345370860	12,607	$136,786	0.01%
219	SUNRUN INC COM	RUN	12,400	$101,432	0.01%