13F HOLDINGS REPORT

Bristlecone Advisors, LLC

Quarter ended Q2 2025 · Filed August 4, 2025 · Accession 0001398344-25-014361

Total Value

$1.19B

Positions

296

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (296)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	MICROSOFT CORP	MSFT	315,800	$157.1M	13.19%
2	ISHARES TR	464287200	96,559	$60.0M	5.03%
3	NVIDIA CORPORATION	NVDA	262,753	$41.5M	3.49%
4	APPLE INC	AAPL	198,490	$40.7M	3.42%
5	ISHARES TR	464287226	389,736	$38.7M	3.25%
6	SPDR INDEX SHS FDS	78463X889	953,060	$38.6M	3.24%
7	AMAZON COM INC	AMZN	157,320	$34.5M	2.90%
8	ISHARES TR	464287507	491,535	$30.5M	2.56%
9	SCHWAB STRATEGIC TR	808524201	1,233,593	$30.1M	2.53%
10	COSTCO WHSL CORP NEW	22160K105	26,703	$26.4M	2.22%
11	VANGUARD INDEX FDS	922908637	83,545	$23.8M	2.00%
12	SPDR SERIES TRUST	78464A649	904,947	$23.2M	1.95%
13	GALLAGHER ARTHUR J & CO	363576109	67,794	$21.7M	1.82%
14	SELECT SECTOR SPDR TR	81369Y803	76,835	$19.5M	1.63%
15	ALPHABET INC	GOOG	106,228	$18.7M	1.57%
16	WISDOMTREE TR	WT	223,864	$18.4M	1.54%
17	VANGUARD BD INDEX FDS	921937835	243,881	$18.0M	1.51%
18	ISHARES TR	464287804	155,274	$17.0M	1.43%
19	VANGUARD INDEX FDS	922908751	63,441	$15.0M	1.26%
20	ISHARES TR	464287499	163,022	$15.0M	1.26%
21	VANGUARD TAX-MANAGED FDS	921943858	260,470	$14.8M	1.25%
22	VANGUARD INDEX FDS	922908736	33,127	$14.5M	1.22%
23	META PLATFORMS INC	META	19,664	$14.5M	1.22%
24	SPDR S&P 500 ETF TR	SPY	23,401	$14.5M	1.21%
25	J P MORGAN EXCHANGE TRADED F	46641Q837	276,427	$14.0M	1.18%
26	SCHWAB STRATEGIC TR	808524805	602,267	$13.3M	1.12%
27	VANGUARD INDEX FDS	922908769	37,844	$11.5M	0.97%
28	JPMORGAN CHASE & CO.	VYLD	35,152	$10.2M	0.86%
29	BERKSHIRE HATHAWAY INC DEL	BRK-A	20,242	$9.8M	0.83%
30	INVESCO QQQ TR	IVZ	15,652	$8.6M	0.73%
31	VANGUARD WORLD FD	92204A702	12,804	$8.5M	0.71%
32	WISDOMTREE TR	WT	168,677	$8.5M	0.71%
33	PALANTIR TECHNOLOGIES INC	PLTR	62,002	$8.5M	0.71%
34	FORTINET INC	FTNT	76,451	$8.1M	0.68%
35	VISA INC	V	22,560	$8.0M	0.67%
36	VANGUARD INTL EQUITY INDEX F	922042858	151,514	$7.5M	0.63%
37	GOLDMAN SACHS ETF TR	NVGLF	146,254	$7.4M	0.62%
38	TESLA INC	TSLA	23,038	$7.3M	0.61%
39	NETFLIX INC	NFLX	5,458	$7.3M	0.61%
40	SPDR SERIES TRUST	78464A409	74,537	$7.1M	0.60%
41	VANGUARD INDEX FDS	922908629	24,485	$6.9M	0.58%
42	ISHARES TR	464287465	74,058	$6.6M	0.56%
43	JOHNSON & JOHNSON	JNJ	40,576	$6.2M	0.52%
44	HOME DEPOT INC	HD	16,509	$6.1M	0.51%
45	NIKE INC	NKE	80,615	$5.7M	0.48%
46	GOLDMAN SACHS ETF TR	NVGLF	138,055	$5.7M	0.48%
47	TRAVELERS COMPANIES INC	TRV	19,843	$5.3M	0.45%
48	STARBUCKS CORP	SBUX	56,579	$5.2M	0.44%
49	AMGEN INC	AMGN	17,094	$4.8M	0.40%
50	CINTAS CORP	CTAS	21,402	$4.8M	0.40%
51	VANGUARD MUN BD FDS	922907746	94,276	$4.6M	0.39%
52	ISHARES TR	464287523	19,260	$4.6M	0.39%
53	BOOKING HOLDINGS INC	BKNG	780	$4.5M	0.38%
54	ISHARES TR	464288760	23,718	$4.5M	0.38%
55	SPDR INDEX SHS FDS	78463X509	102,753	$4.4M	0.37%
56	BLACKROCK INC	BLK	4,083	$4.3M	0.36%
57	EXXON MOBIL CORP	XOM	37,251	$4.0M	0.34%
58	PEPSICO INC	PEP	30,101	$4.0M	0.33%
59	LAM RESEARCH CORP	LRCX	40,632	$4.0M	0.33%
60	PACCAR INC	PCAR	41,598	$4.0M	0.33%
61	VANGUARD INDEX FDS	922908363	6,735	$3.8M	0.32%
62	RTX CORPORATION	RTX	25,777	$3.8M	0.32%
63	WHEATON PRECIOUS METALS CORP	WPM	41,774	$3.8M	0.32%
64	SPDR S&P MIDCAP 400 ETF TR	MDY	6,494	$3.7M	0.31%
65	DISNEY WALT CO	254687106	29,275	$3.6M	0.30%
66	ECOLAB INC	ECL	13,277	$3.6M	0.30%
67	ADOBE INC	ADBE	9,222	$3.6M	0.30%
68	ISHARES TR	464287309	32,388	$3.6M	0.30%
69	DANAHER CORPORATION	235851102	17,799	$3.5M	0.30%
70	CHUBB LIMITED	CB	12,011	$3.5M	0.29%
71	SPDR SERIES TRUST	78464A201	38,097	$3.4M	0.28%
72	VEEVA SYS INC	VEEV	11,416	$3.3M	0.28%
73	J P MORGAN EXCHANGE TRADED F	46641Q332	56,778	$3.2M	0.27%
74	PROCTER AND GAMBLE CO	742718109	19,490	$3.1M	0.26%
75	SCHWAB STRATEGIC TR	808524508	110,106	$3.1M	0.26%
76	HONEYWELL INTL INC	438516106	13,102	$3.1M	0.26%
77	ISHARES TR	464288588	31,883	$3.0M	0.25%
78	ISHARES TR	46432F339	15,631	$2.9M	0.24%
79	UBER TECHNOLOGIES INC	UBER	30,077	$2.8M	0.24%
80	UNITEDHEALTH GROUP INC	UNH	8,992	$2.8M	0.24%
81	NORTHROP GRUMMAN CORP	NOC	5,394	$2.7M	0.23%
82	ISHARES INC	46434G103	43,059	$2.6M	0.22%
83	UNION PAC CORP	UNP	11,231	$2.6M	0.22%
84	NEXTERA ENERGY INC	NEE-PW	36,419	$2.5M	0.21%
85	DOUBLELINE ETF TRUST	25861R105	52,670	$2.4M	0.20%
86	EXPEDITORS INTL WASH INC	302130109	21,224	$2.4M	0.20%
87	ZOETIS INC	ZTS	15,362	$2.4M	0.20%
88	ALPHABET INC	GOOG	13,261	$2.4M	0.20%
89	VANGUARD STAR FDS	921909768	32,696	$2.3M	0.19%
90	GOLDMAN SACHS ETF TR	NVGLF	49,033	$2.3M	0.19%
91	TETRA TECH INC NEW	TTEK	62,413	$2.2M	0.19%
92	SPDR SERIES TRUST	78464A821	25,531	$2.2M	0.19%
93	J P MORGAN EXCHANGE TRADED F	46641Q654	43,097	$2.2M	0.18%
94	UNITED PARCEL SERVICE INC	UPS	21,369	$2.2M	0.18%
95	SCHWAB STRATEGIC TR	808524300	73,300	$2.1M	0.18%
96	VALERO ENERGY CORP	VLO	15,655	$2.1M	0.18%
97	PUBLIC STORAGE OPER CO	PSA-PS	7,150	$2.1M	0.18%
98	TEXAS INSTRS INC	882508104	9,992	$2.1M	0.17%
99	KLA CORP	KLAC	2,256	$2.0M	0.17%
100	PAYPAL HLDGS INC	PYPL	26,987	$2.0M	0.17%
101	VANGUARD WHITEHALL FDS	921946406	14,948	$2.0M	0.17%
102	CHEVRON CORP NEW	CVX	13,866	$2.0M	0.17%
103	SPDR SERIES TRUST	78464A508	36,894	$1.9M	0.16%
104	COMCAST CORP NEW	CCZ	51,940	$1.9M	0.16%
105	PFIZER INC	PFE	75,493	$1.8M	0.15%
106	ISHARES TR	464287655	8,126	$1.8M	0.15%
107	US BANCORP DEL	USB-PS	36,990	$1.7M	0.14%
108	ARISTA NETWORKS INC	ANET	16,315	$1.7M	0.14%
109	WISDOMTREE TR	WT	21,877	$1.6M	0.14%
110	EQUINIX INC	EQIX	2,055	$1.6M	0.14%
111	SOUTHERN CO	SOMN	17,015	$1.6M	0.13%
112	GOLDMAN SACHS ETF TR	NVGLF	15,369	$1.5M	0.13%
113	ISHARES GOLD TR	IAU	24,597	$1.5M	0.13%
114	WEYERHAEUSER CO MTN BE	WY	56,504	$1.5M	0.12%
115	ELI LILLY & CO	LLY	1,857	$1.4M	0.12%
116	SALESFORCE INC	CRM	5,181	$1.4M	0.12%
117	ISHARES TR	464287408	7,064	$1.4M	0.12%
118	SPDR SERIES TRUST	78464A870	16,453	$1.4M	0.11%
119	MCKESSON CORP	MCK	1,699	$1.2M	0.10%
120	FLEXSHARES TR	FLEX	19,251	$1.1M	0.10%
121	WISDOMTREE TR	WT	22,250	$1.1M	0.09%
122	INTEL CORP	INTC	49,748	$1.1M	0.09%
123	MERCK & CO INC	MRK	14,071	$1.1M	0.09%
124	SELECT SECTOR SPDR TR	81369Y407	4,996	$1.1M	0.09%
125	BOEING CO	BA-PA	5,167	$1.1M	0.09%
126	NOVO-NORDISK A S	NONOF	15,260	$1.1M	0.09%
127	ISHARES TR	46432F842	11,829	$987,485	0.08%
128	ISHARES TR	464288414	9,431	$985,351	0.08%
129	SCHWAB STRATEGIC TR	808524607	37,960	$960,379	0.08%
130	SELECT SECTOR SPDR TR	81369Y209	7,059	$951,483	0.08%
131	ISHARES TR	464288356	17,065	$951,204	0.08%
132	ISHARES TR	46434V878	18,330	$929,515	0.08%
133	GRAYSCALE BITCOIN MINI TR ET	389930207	18,872	$901,138	0.08%
134	KELLANOVA	BEKE	11,162	$887,714	0.07%
135	SYSCO CORP	SYY	11,532	$873,461	0.07%
136	KROGER CO	KR	11,500	$824,895	0.07%
137	ALBEMARLE CORP	ALB-PA	12,897	$808,255	0.07%
138	TCW ETF TRUST	29287L205	8,437	$760,765	0.06%
139	ISHARES BITCOIN TRUST ETF	IBIT	12,250	$749,823	0.06%
140	ISHARES TR	464287614	1,764	$748,960	0.06%
141	VANGUARD INDEX FDS	922908744	4,156	$734,588	0.06%
142	BERKSHIRE HATHAWAY INC DEL	BRK-A	1	$728,800	0.06%
143	INTERNATIONAL BUSINESS MACHS	INTR	2,387	$703,691	0.06%
144	ADVANCED MICRO DEVICES INC	AMD	4,868	$690,785	0.06%
145	VANGUARD ADMIRAL FDS INC	921932778	7,800	$667,446	0.06%
146	GOLDMAN SACHS GROUP INC	GSCE	935	$661,747	0.06%
147	CONOCOPHILLIPS	COP	7,371	$661,455	0.06%
148	VANGUARD SPECIALIZED FUNDS	921908844	3,070	$628,411	0.05%
149	TYLER TECHNOLOGIES INC	TYL	1,037	$614,776	0.05%
150	ISHARES TR	464287150	4,515	$609,706	0.05%
151	WISDOMTREE TR	WT	19,128	$607,506	0.05%
152	SHERWIN WILLIAMS CO	SHW	1,663	$571,008	0.05%
153	ISHARES TR	464287598	2,865	$556,469	0.05%
154	ISHARES TR	464287739	5,767	$546,539	0.05%
155	PURE STORAGE INC	74624M102	9,000	$518,220	0.04%
156	ISHARES TR	46436E718	5,144	$517,950	0.04%
157	AMERICAN TOWER CORP NEW	03027X100	2,302	$508,789	0.04%
158	WALMART INC	WMT	5,074	$496,179	0.04%
159	SELECT SECTOR SPDR TR	81369Y100	5,560	$488,224	0.04%
160	DIMENSIONAL ETF TRUST	25434V302	15,950	$461,753	0.04%
161	VANGUARD ADMIRAL FDS INC	921932703	2,426	$457,811	0.04%
162	LOCKHEED MARTIN CORP	LMT	982	$454,804	0.04%
163	CSX CORP	CSX	13,541	$441,843	0.04%
164	PHILIP MORRIS INTL INC	718172109	2,389	$435,109	0.04%
165	VANGUARD INDEX FDS	922908611	2,151	$419,481	0.04%
166	SPDR SERIES TRUST	78468R739	8,689	$415,595	0.03%
167	CISCO SYS INC	CSCO	5,962	$413,671	0.03%
168	PALO ALTO NETWORKS INC	PANW	2,000	$409,280	0.03%
169	DOLLAR GEN CORP NEW	256677105	3,512	$401,703	0.03%
170	VANGUARD SCOTTSDALE FDS	92206C870	4,767	$395,294	0.03%
171	MICRON TECHNOLOGY INC	MU	3,175	$391,319	0.03%
172	VANGUARD INTL EQUITY INDEX F	922042775	5,707	$383,596	0.03%
173	STRYKER CORPORATION	SYK	966	$382,179	0.03%
174	SELECT SECTOR SPDR TR	81369Y506	4,439	$376,431	0.03%
175	ISHARES TR	464288885	3,287	$368,144	0.03%
176	PNC FINL SVCS GROUP INC	693475105	1,963	$365,948	0.03%
177	INTERCONTINENTAL EXCHANGE IN	45866F104	1,952	$358,134	0.03%
178	WORLD GOLD TR	GLDW	5,400	$353,808	0.03%
179	ASTRONICS CORP	ATROB	10,280	$344,175	0.03%
180	AMERICAN EXPRESS CO	AXP	1,051	$335,248	0.03%
181	SPDR GOLD TR	GLD	1,080	$329,217	0.03%
182	VANGUARD SCOTTSDALE FDS	92206C409	4,125	$327,938	0.03%
183	VANGUARD INTL EQUITY INDEX F	922042718	2,411	$323,949	0.03%
184	WORKDAY INC	WDAY	1,330	$319,200	0.03%
185	ISHARES TR	464287622	930	$315,724	0.03%
186	VANGUARD INDEX FDS	922908538	1,100	$312,829	0.03%
187	ISHARES TR	464287762	5,450	$307,816	0.03%
188	ABBOTT LABS	ABLZF	2,221	$302,079	0.03%
189	SCHWAB STRATEGIC TR	808524698	12,807	$291,478	0.02%
190	BANK AMERICA CORP	060505104	5,996	$283,730	0.02%
191	ISHARES TR	464288521	5,000	$282,800	0.02%
192	VANGUARD WORLD FD	921910733	2,565	$281,227	0.02%
193	ABBVIE INC	ABBV	1,507	$279,730	0.02%
194	ISHARES SILVER TR	SLV	8,406	$275,801	0.02%
195	SELECT SECTOR SPDR TR	81369Y605	5,178	$271,172	0.02%
196	VANGUARD INDEX FDS	922908553	2,986	$265,934	0.02%
197	THE TRADE DESK INC	88339J105	3,683	$265,140	0.02%
198	BLACKSTONE INC	BX	1,769	$264,608	0.02%
199	TJX COS INC NEW	872540109	2,112	$260,811	0.02%
200	SHOPIFY INC	SHOP	2,218	$255,847	0.02%
201	LOWES COS INC	548661107	1,139	$252,710	0.02%
202	SELECT SECTOR SPDR TR	81369Y704	1,711	$252,407	0.02%
203	CATERPILLAR INC	CAT	629	$244,148	0.02%
204	FASTENAL CO	FAST	5,764	$242,088	0.02%
205	COCA COLA CO	KO	3,403	$240,763	0.02%
206	ISHARES TR	464287168	1,808	$240,121	0.02%
207	APPLIED MATLS INC	038222105	1,300	$237,991	0.02%
208	VANGUARD WORLD FD	921910816	640	$234,349	0.02%
209	MCDONALDS CORP	MCD	796	$232,568	0.02%
210	ORACLE CORP	ORCL-PD	1,040	$227,376	0.02%
211	ISHARES TR	46435U549	4,770	$226,766	0.02%
212	ISHARES TR	464288687	7,316	$224,455	0.02%
213	VANGUARD WORLD FD	92204A504	895	$222,265	0.02%
214	VERISK ANALYTICS INC	VRSK	700	$218,050	0.02%
215	VANGUARD ADMIRAL FDS INC	921932885	2,058	$216,049	0.02%
216	AUTOZONE INC	AZO	58	$215,310	0.02%
217	IDEXX LABS INC	45168D104	401	$215,073	0.02%
218	NOVARTIS AG	NVSEF	1,726	$208,864	0.02%
219	ISHARES TR	464288877	3,241	$205,739	0.02%
220	VANGUARD WELLINGTON FD	921935870	2,001	$201,961	0.02%
221	MICROSOFT CORP	MSFT	384	$191,006	0.02%
222	VANGUARD ADMIRAL FDS INC	921932828	1,740	$176,141	0.01%
223	ISHARES TR	464287473	1,291	$170,593	0.01%
224	ISHARES TR	464288828	3,430	$166,870	0.01%
225	TCW ETF TRUST	29287L809	3,478	$163,501	0.01%
226	ISHARES TR	464287234	3,150	$151,956	0.01%
227	WARNER BROS DISCOVERY INC	WBD	13,000	$148,980	0.01%
228	INVESCO EXCHANGE TRADED FD T	IVZ	797	$144,847	0.01%
229	GOLDMAN SACHS ETF TR	NVGLF	1,145	$138,981	0.01%
230	SANA BIOTECHNOLOGY INC	SANA	50,000	$136,500	0.01%
231	INVESCO EXCHANGE TRADED FD T	IVZ	1,090	$128,050	0.01%
232	ISHARES TR	464288273	1,593	$115,780	0.01%
233	INVESCO EXCHANGE TRADED FD T	IVZ	5,405	$110,317	0.01%
234	SPDR SERIES TRUST	78464A763	768	$104,241	0.01%
235	VANGUARD BD INDEX FDS	921937819	1,307	$101,084	0.01%
236	ISHARES TR	464287556	786	$99,437	0.01%
237	ISHARES TR	464288570	855	$99,317	0.01%
238	VANGUARD WORLD FD	921910725	1,499	$98,185	0.01%
239	SCHWAB STRATEGIC TR	808524870	3,677	$98,103	0.01%
240	IMMUNITYBIO INC	IBRX	36,000	$95,040	0.01%
241	ISHARES TR	464288794	550	$93,027	0.01%
242	VANGUARD INDEX FDS	922908769	300	$91,179	0.01%
243	ISHARES TR	464287531	1,000	$83,000	0.01%
244	ISHARES TR	464287192	1,180	$80,878	0.01%
245	FLEXSHARES TR	FLEX	1,967	$80,707	0.01%
246	ISHARES TR	464288679	700	$77,294	0.01%
247	ISHARES TR	464288661	634	$75,491	0.01%
248	SCHWAB STRATEGIC TR	808524706	2,498	$75,294	0.01%
249	INVESCO EXCHANGE TRADED FD T	IVZ	1,034	$72,287	0.01%
250	LUMEN TECHNOLOGIES INC	LUMN	14,500	$63,510	0.01%
251	SCHWAB STRATEGIC TR	808524847	2,973	$62,900	0.01%
252	SPDR SERIES TRUST	78468R747	487	$60,789	0.01%
253	WISDOMTREE TR	WT	529	$59,810	0.01%
254	SPDR SERIES TRUST	78464A698	940	$55,827	0.00%
255	ISHARES TR	464287671	370	$55,648	0.00%
256	SCHWAB STRATEGIC TR	808524839	2,354	$54,707	0.00%
257	VANGUARD WORLD FD	92204A603	174	$48,733	0.00%
258	ISHARES TR	464288869	375	$47,873	0.00%
259	INVESCO EXCHANGE TRADED FD T	IVZ	1,125	$47,551	0.00%
260	VANGUARD BD INDEX FDS	921937827	600	$47,220	0.00%
261	SCHWAB STRATEGIC TR	808524854	1,860	$46,556	0.00%
262	ISHARES TR	464287515	425	$46,538	0.00%
263	INVESCO EXCHANGE TRADED FD T	IVZ	1,000	$40,780	0.00%
264	WISDOMTREE TR	WT	436	$34,671	0.00%
265	SPDR SERIES TRUST	78468R663	300	$27,519	0.00%
266	VANGUARD SCOTTSDALE FDS	92206C847	474	$26,601	0.00%
267	SCHWAB STRATEGIC TR	808524763	917	$26,272	0.00%
268	SCHWAB STRATEGIC TR	808524730	792	$26,134	0.00%
269	VANGUARD ADMIRAL FDS INC	921932869	220	$24,867	0.00%
270	SELECT SECTOR SPDR TR	81369Y886	300	$24,498	0.00%
271	SCHWAB STRATEGIC TR	808524755	602	$24,087	0.00%
272	ISHARES TR	464287564	386	$23,603	0.00%
273	SPDR SERIES TRUST	78464A839	266	$21,129	0.00%
274	ISHARES TR	46432F834	261	$20,178	0.00%
275	SPDR SERIES TRUST	78464A300	249	$19,861	0.00%
276	SCHWAB STRATEGIC TR	808524771	794	$19,486	0.00%
277	ISHARES TR	464287606	198	$18,015	0.00%
278	SPDR SERIES TRUST	78464A854	242	$17,591	0.00%
279	ISHARES TR	464287705	141	$17,425	0.00%
280	SPDR SERIES TRUST	78468R796	327	$16,655	0.00%
281	INVESCO EXCHANGE TRADED FD T	IVZ	391	$15,922	0.00%
282	ISHARES TR	464288224	1,063	$13,936	0.00%
283	WISDOMTREE TR	WT	200	$12,354	0.00%
284	ISHARES TR	46432F388	103	$11,661	0.00%
285	INVESCO EXCHANGE TRADED FD T	IVZ	100	$10,477	0.00%
286	VANGUARD WORLD FD	921910873	37	$8,323	0.00%
287	SPDR SERIES TRUST	78468R853	157	$6,689	0.00%
288	SPDR INDEX SHS FDS	78463X301	40	$5,056	0.00%
289	ISHARES TR	464287549	36	$4,045	0.00%
290	INVESCO EXCHANGE TRADED FD T	IVZ	115	$3,728	0.00%
291	INVESCO EXCHANGE TRADED FD T	IVZ	75	$3,433	0.00%
292	VANGUARD WHITEHALL FDS	921946885	50	$3,268	0.00%
293	SPDR INDEX SHS FDS	78463X434	12	$1,025	0.00%
294	ISHARES TR	46436E767	6	$327	0.00%
295	SCHWAB STRATEGIC TR	808524102	10	$239	0.00%
296	SCHWAB STRATEGIC TR	808524102	4	$96	0.00%