13F HOLDINGS REPORT

Wellspring Financial Advisors, LLC

Quarter ended Q3 2025 · Filed November 13, 2025 · Accession 0001104659-25-111176

Total Value

$1.09B

Positions

178

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (178)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES S&P 500 INDEX	464287200	403,171	$269.8M	24.79%
2	ISHARES CORE MSCI EAFE ETF	46432F842	1,651,451	$94.8M	8.71%
3	GOLDMAN SACHS PHYSICAL GOLD ETF	38150K103	1,987,971	$75.8M	6.96%
4	VANGUARD HIGH DIVIDEND YIELD	921946406	2,908,429	$73.8M	6.78%
5	VANGUARD TOTAL STK MKT	922908769	6,173,344	$61.0M	5.60%
6	ISHARES SEMICONDUCTOR ETF	464287523	145,153	$39.4M	3.62%
7	HEALTH CARE SELECT SECTOR SPDR	81369Y209	265,222	$36.9M	3.39%
8	ISHARES RUSSELL 1000 GROWTH ETF	464287614	76,127	$35.7M	3.28%
9	ISHARES S&P NORTH AMER TECH-SOFTWARE	464287515	1,611,148	$32.3M	2.97%
10	ISHARES CORE MSCI EMERGING MARKETS ETF	46434G103	721,412	$29.9M	2.74%
11	ISHARES 0-3 MONTH TREASURY BOND ETF	46436E718	261,495	$26.3M	2.42%
12	SPDR S&P 500 ETF TRUST	SPY	714,215	$25.4M	2.33%
13	VANGUARD SHORT-TERM TREASURY ETF	92206C102	341,599	$20.1M	1.85%
14	TECHNOLOGY SELECT SECTOR SPDR	81369Y803	65,514	$18.5M	1.70%
15	APPLE INC	AAPL	69,030	$17.6M	1.61%
16	VANGUARD VALUE ETF	922908744	903,246	$12.9M	1.19%
17	VANGUARD S&P 500 ETF	922908363	328,734	$11.4M	1.04%
18	SPDR S&P MIDCAP 400 ETF TRUST	MDY	18,998	$11.3M	1.04%
19	ISHARES S&P 500 GROWTH ETF	464287309	87,598	$10.6M	0.97%
20	VANGUARD GROWTH ETF	922908736	1,035,334	$10.1M	0.93%
21	ISHARES RUSSELL 1000 VALUE ETF	464287598	42,192	$8.6M	0.79%
22	SPDR SER TR S&P DIVID ETF	78464A763	59,879	$8.4M	0.77%
23	SPDR PORTFOLIO S&P 500 GROWTH ETF	78464A409	80,064	$8.4M	0.77%
24	MICROSOFT	MSFT	1,006,536	$7.7M	0.71%
25	ISHARES GOLD TRUST ETF	IAU	102,734	$7.5M	0.69%
26	NVIDIA CORP	NVDA	33,345	$6.6M	0.60%
27	ISHARES S&P SMALLCAP 600 ETF	464287804	413,406	$5.7M	0.53%
28	AMAZON.COM INC	AMZN	25,621	$5.6M	0.52%
29	CONSUMER DISCRETIONARY SEL SECTOR SPDR FD	81369Y407	21,494	$5.2M	0.47%
30	ISHARES CORE S&P MID CAP ETF	464287507	1,287,699	$4.1M	0.38%
31	GUGGENHEIM ETF TRUST S&P 500 EQUAL WEIGHT	IVZ	17,891	$3.4M	0.31%
32	JOHNSON & JOHNSON COM	JNJ	16,271	$3.0M	0.28%
33	RAYMOND JAMES FINL INC	754730109	17,368	$3.0M	0.28%
34	VANGUARD TOTAL INTERNATIONAL STOCK ETF	921909768	2,933,385	$2.9M	0.27%
35	ALPHABET INC CAP STK CL C	GOOG	11,450	$2.8M	0.26%
36	SPDR BLOOMBERG 1-3 MONTH T-BILL ETF	78468R663	29,780	$2.7M	0.25%
37	VANGUARD DIVIDEND APPRECIATION ETF	921908844	12,183	$2.6M	0.24%
38	GOOGLE INC	GOOG	10,542	$2.6M	0.24%
39	ISHARES S&P 500 VALUE ETF	464287408	12,055	$2.5M	0.23%
40	POWERSHARES QQQ TR	IVZ	1,436,249	$2.4M	0.22%
41	COSTCO WHOLESALE CORP	22160K105	2,514	$2.3M	0.21%
42	SOTERA HEALTH CO COM	SHC	146,708	$2.3M	0.21%
43	FIDELITY WISE ORIGIN BITCOIN FUND	FBTC	22,840	$2.3M	0.21%
44	BROADCOM INC COM	AVGO	5,825	$1.9M	0.18%
45	ISHARES S&P MIDCAP 400 GROWTH INDEX	464287606	18,860	$1.8M	0.17%
46	BERKSHIRE HATHAWAY INC DEL CL B NEW	BRK-A	3,569	$1.8M	0.16%
47	ISHARES 1-3 YR TREASURY BOND ETF	464287457	21,035	$1.7M	0.16%
48	INDUSTRIAL SELECT SECTOR SPDR	81369Y704	11,224	$1.7M	0.16%
49	VANGUARD MEGA CAP GROWTH ETF	921910816	4,206	$1.7M	0.16%
50	TESLA MOTORS INC	TSLA	17,508	$1.6M	0.15%
51	META PLATFORMS INC CL A	META	2,217	$1.6M	0.15%
52	EXXON MOBIL CORP COM	XOM	14,264	$1.6M	0.15%
53	VANGUARD LARGE CAP	922908637	4,934	$1.5M	0.14%
54	ISHARES CORE HIGH DIVIDEND ETF	46429B663	11,996	$1.5M	0.13%
55	ISHARES RUSSELL 3000 ETF	464287689	3,496	$1.3M	0.12%
56	ISHARES TR MSCI ACWIINDEX FD	464288257	9,492	$1.3M	0.12%
57	VANGUARD INDEX FDS MID-CAP VALUE INDEX VIPER SHS ETF	922908512	786,174	$1.3M	0.12%
58	ISHARES S&P MIDCAP 400 VALUE ETF	464287705	9,785	$1.3M	0.12%
59	VANGUARD INFORMATION TECHNOLOGY	92204A702	1,520	$1.1M	0.10%
60	VANGUARD SMALL CAP ETF	922908751	4,461	$1.1M	0.10%
61	ALERIAN MLP INDEX ETNS DUE JANUARY 28, 2044	VYLD	37,700	$1.1M	0.10%
62	JPMORGAN CHASE & CO. COM	VYLD	3,510	$1.1M	0.10%
63	ISHARES RUSSELL 2000 ETF	464287655	4,448	$1.1M	0.10%
64	BLACKROCK MUN TARGETTERM TR COM SHS BEN INT	BLK	46,490	$1.0M	0.10%
65	ABBVIE INC COM	ABBV	4,467	$1.0M	0.10%
66	ISHARES DJ SELECT DIVIDEND	464287168	7,226	$1.0M	0.09%
67	RAYONIER ADVANCED MATLS INC COM	RYN	139,950	$1.0M	0.09%
68	VISA INC	V	2,869	$979,416	0.09%
69	VANGUARD CONSUMER STAPLES ETF	92204A207	788,937	$867,434	0.08%
70	MASTERCARD INC	MA	1,514	$861,034	0.08%
71	ISHARES 7-10 YEAR TREASURY BOND ETF	464287440	8,827	$851,446	0.08%
72	ORACLE CORPORATION	ORCL-PD	2,846	$800,484	0.07%
73	ACV AUCTIONS INC COM CL A	ACVA	80,208	$794,861	0.07%
74	BITWISE CRYPTO INDUSTRY INNOVATORS ETF	301505624	31,387	$786,880	0.07%
75	ISHARES RUSSELL MIDCAP ETF	464287499	7,885	$761,297	0.07%
76	BANK AMERICA CORP COM	060505104	14,737	$760,262	0.07%
77	VANGUARD FTSE DEVELOPED MARKETS ETF	921943858	11,628	$696,763	0.06%
78	SCH FND US LG ETF	808524771	24,862	$653,881	0.06%
79	ARHAUS INC COM CL A	ARHS	326,905	$651,496	0.06%
80	PROCTER AND GAMBLE CO COM	742718109	4,099	$629,735	0.06%
81	ISHARES S&P SMALLCAP 600 GROWTH ETF	464287887	4,337	$613,756	0.06%
82	BLACKROCK MUNIHOLDINGS FD INC COM	BLK	51,464	$604,702	0.06%
83	ENERGY SELECT SECTOR SPDR	81369Y506	172,819	$586,893	0.05%
84	AON CORP	AON	1,642	$585,569	0.05%
85	BLACKROCK MUNIVEST FD INC COM	BLK	81,242	$557,320	0.05%
86	WALMART INC COM	WMT	5,113	$526,951	0.05%
87	CISCO SYS INC	CSCO	7,092	$485,263	0.04%
88	GE AEROSPACE COM NEW	369604301	1,607	$483,422	0.04%
89	AMGEN INC	AMGN	1,707	$481,778	0.04%
90	ELI LILLY & CO COM	LLY	602	$459,447	0.04%
91	HOME DEPOT	HD	1,124	$455,301	0.04%
92	ABBOTT LABS COM	ABLZF	3,354	$449,195	0.04%
93	CROWDSTRIKE HLDGS INC CL A	CRWD	910	$446,246	0.04%
94	ISHARES TR S&P 1500 INDEX FD	464287150	3,035	$442,077	0.04%
95	NETFLIX COM INC	NFLX	366	$438,805	0.04%
96	BLACKSTONE GROUP LP	BX	2,561	$437,547	0.04%
97	TJX COS INC NEW COM	872540109	2,964	$428,448	0.04%
98	ISHARES AMT-FREE MUNI BOND ETF	464288414	58,472	$425,477	0.04%
99	ISHARES TR RUSSELL 1000 INDEX ETF	464287622	1,159	$423,543	0.04%
100	WELLS FARGO CO NEW COM	949746101	5,029	$421,512	0.04%
101	RTX CORPORATION COM	RTX	2,511	$420,101	0.04%
102	UNITEDHEALTH GROUP	UNH	1,195	$412,564	0.04%
103	PALANTIR TECHNOLOGIES INC CL A	PLTR	2,203	$401,871	0.04%
104	INVESCO CURRENCYSHARES SWISS FRANC TRUST	46138R108	3,500	$389,280	0.04%
105	NEWMONT CORP COM	NEMCL	4,613	$388,893	0.04%
106	CAMECO CORP COM	CCJ	4,543	$380,976	0.04%
107	SPDR S&P 400 MID CAP GROWTH ETF	78464A821	367,706	$376,581	0.03%
108	ASML HOLDING N V N Y REGISTRY SHS	ASMLF	379	$366,906	0.03%
109	AMERICAN EXPRESS CO COM	AXP	1,095	$363,749	0.03%
110	MOUNTAIN LAKE ACQUISITION CORP SHS CL A	MLACU	35,000	$360,500	0.03%
111	EATON VANCE MUN BD FD COM	ETN	36,148	$359,311	0.03%
112	CHEVRON CORP NEW COM	CVX	2,236	$347,152	0.03%
113	S&P GLOBAL INC COM	SPGI	703	$341,999	0.03%
114	BLACKROCK MUNIHLDNGS CALI QLTY COM	BLK	31,194	$338,455	0.03%
115	IB ACQUISITION CORP COM SHS	IBACR	31,100	$327,172	0.03%
116	CRH PLC ORD	CRH	2,642	$316,776	0.03%
117	DWS MUNICIPAL INCOME	233368109	34,126	$312,935	0.03%
118	ULTA SALON COSMETICS & FRAGRANCE INC COM	ULTA	552	$301,806	0.03%
119	DISNEY WALT CO COM	254687106	2,615	$299,427	0.03%
120	T-MOBILE US INC COM	TMUSZ	1,221	$292,370	0.03%
121	UBER TECHNOLOGIES INC COM	UBER	2,980	$291,951	0.03%
122	TELEDYNE TECHNOLOGIES INC COM	TDY	481	$281,885	0.03%
123	CINTAS CORP	CTAS	1,148	$281,475	0.03%
124	CONSTELLATION ENERGY CORP COM	CEG	26,862	$280,849	0.03%
125	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	874039100	972	$271,470	0.02%
126	LINDE PLC SHS	LIN	563	$267,314	0.02%
127	MERCK & CO INC	MRK	15,168	$267,063	0.02%
128	CATERPILLAR INC COM	CAT	559	$266,540	0.02%
129	GOLDMAN SACHS GROUP INC	GSCE	335	$266,401	0.02%
130	EMERSON ELEC CO COM	EMR	2,025	$265,640	0.02%
131	AT&T INC COM	T-PC	9,375	$264,747	0.02%
132	ECOLAB INC COM	ECL	946	$259,111	0.02%
133	APPLIED MATLS INC COM	038222105	1,265	$258,971	0.02%
134	SHOPIFY INC CL A SUB VTG SHS	SHOP	1,736	$257,987	0.02%
135	ISHARES TRS&P SHORT TERM NATL MUNICIPAL BD FD	464288158	2,410	$257,321	0.02%
136	CHART INDUSTRIES INC	16115Q308	1,274	$254,991	0.02%
137	DUKE ENERGY CORP NEW COM NEW	DUKB	2,057	$254,554	0.02%
138	PEPSICO INC COM	PEP	1,777	$249,603	0.02%
139	BLACKROCK MUN INCOME TR SH BEN INT	BLK	24,600	$247,230	0.02%
140	CHARLES SCHWAB CORP	SCHW-PJ	2,550	$243,449	0.02%
141	COCA COLA CO COM	KO	12,170	$236,663	0.02%
142	HOWMET AEROSPACE INC COM	HWM	1,206	$236,653	0.02%
143	SPDR S&P 600 SMALL CAP VALUE ETF	78464A300	2,663	$236,048	0.02%
144	ARISTA NETWORKS INC COM SHS	ANET	1,569	$228,619	0.02%
145	JANUS HENDERSON AAA CLO ETF	47103U845	4,440	$225,463	0.02%
146	GP-ACT III ACQUISITION CORP CL A	GPATW	21,200	$224,720	0.02%
147	HONEYWELL INTL INC	438516106	1,063	$223,797	0.02%
148	NXP SEMICONDUCTORS NV COM	NXPI	976	$222,367	0.02%
149	KLA-TENCOR CORP	KLAC	206	$222,338	0.02%
150	ALTRIA GROUP INC COM	MO	3,361	$222,024	0.02%
151	ISHARES CORE MSCI EUROPE ETF	46434V738	3,183	$216,826	0.02%
152	INTL BUSINESS MACHINES	INTR	768	$216,699	0.02%
153	THERMO FISHER SCIENTIFIC INC COM	TMO	446	$216,321	0.02%
154	GE HEALTHCARE TECHNOLOGIES INC COMMON STOCK	GEHC	2,800	$210,280	0.02%
155	COINBASE GLOBAL INC COM CL A	COIN	618	$208,587	0.02%
156	SONY GROUP CORP SPONSORED ADR	SNEJF	7,206	$207,461	0.02%
157	STARBUCKS CORP	SBUX	2,447	$206,979	0.02%
158	KENVUE INC COM	KVUE	12,615	$204,741	0.02%
159	BLACKROCK MUNI INCOME TR II COM	BLK	19,300	$201,685	0.02%
160	PALO ALTO NETWORKS INC COM	PANW	836	$201,394	0.02%
161	ISHARES CORE MSCI PACIFIC ETF	46434V696	2,737	$200,978	0.02%
162	TRANSOCEAN	RIG	62,170	$193,970	0.02%
163	LAUNCH ONE ACQUISITION CORP SHS CLASS A	LPAAW	18,300	$192,150	0.02%
164	BLACKROCK MUNIYIELD N Y QUALIT COM	BLK	19,300	$191,649	0.02%
165	QUARTZSEA ACQUISITION CORP ORD SHS	QSEAU	17,700	$179,301	0.02%
166	PFIZER INC COM	PFE	18,212	$161,885	0.01%
167	BLACKROCK N Y MUN INCOME TRUST SH BEN INT	BLK	15,000	$151,800	0.01%
168	BLACKROCK MUNIHLDGS NY QLTY FD COM	BLK	13,709	$140,106	0.01%
169	AIMEI HEALTH TECHNOLOGY CO LTD SHS	AFJKU	12,000	$135,840	0.01%
170	ALLIANCE NATIONAL MUNI INCOME	01864U106	12,191	$132,272	0.01%
171	RIVERNORTH FLEXIBLE MUNI INCME COM	76883Y107	10,000	$130,500	0.01%
172	PELICAN ACQUISITION CORP SHS	PELI	12,000	$120,720	0.01%
173	INTEL CORP COM	INTC	11,210	$116,802	0.01%
174	CHAMPIONSGATE ACQUISITION CORP SHS CL A	CHPGU	11,250	$112,950	0.01%
175	PUTNAM MUN OPPORTUNITIES TR SH BEN INT	746922103	10,500	$108,465	0.01%
176	BLACKROCK MUNIYIELD QUALITY FD COM	BLK	10,572	$106,037	0.01%
177	BRC INC COM CL A	BRCC	19,772	$30,844	0.00%
178	EVE HLDG INC WT EXP 050927	EVEX-WT	22,000	$10,340	0.00%