13F HOLDINGS REPORT

Gradient Capital Advisors, LLC

Quarter ended Q4 2025 · Filed February 6, 2026 · Accession 0001727917-26-000002

Total Value

$388.0M

Positions

174

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (174)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES CORE S&P 500 ETF	464287200	52,144	$35.7M	9.20%
2	APPLE INC COM	AAPL	72,766	$19.8M	5.10%
3	SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF	78463X889	321,999	$14.3M	3.69%
4	VANGUARD SHORT-TERM CORPORATE BOND ETF	92206C409	171,922	$13.7M	3.53%
5	SCHWAB INTERNATIONAL EQUITY ETF	808524805	448,349	$10.8M	2.78%
6	DIMENSIONAL SHORT-DURATION FIXED INCOME ETF	25434V864	224,458	$10.8M	2.77%
7	SCHWAB U.S. MID-CAP ETF	808524508	315,981	$9.5M	2.45%
8	DIMENSIONAL GLOBAL CORE PLUS FIXED INCOME ETF	25434V583	164,336	$8.9M	2.29%
9	DIMENSIONAL U.S. TARGETED VALUE ETF	25434V609	140,565	$8.4M	2.16%
10	VANGUARD LARGE-CAP ETF	922908637	25,323	$8.0M	2.05%
11	DIMENSIONAL EMERGING MARKETS CORE EQUITY 2 ETF	25434V732	230,304	$7.6M	1.96%
12	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF	922020805	153,383	$7.6M	1.96%
13	ALPHABET INC CAP STK CL A	GOOG	24,108	$7.5M	1.94%
14	JPMORGAN CHASE & CO COM	VYLD	23,124	$7.5M	1.92%
15	SCHWAB U.S. LARGE-CAP ETF	808524201	265,860	$7.2M	1.84%
16	VANGUARD FTSE DEVELOPED MARKETS ETF	921943858	113,158	$7.1M	1.82%
17	MICROSOFT CORP COM	MSFT	14,470	$7.0M	1.80%
18	TESLA INC COM	TSLA	15,231	$6.8M	1.77%
19	DIMENSIONAL US SMALL CAP VALUE ETF	25434V815	197,631	$6.5M	1.68%
20	NVIDIA CORPORATION COM	NVDA	32,614	$6.1M	1.57%
21	DIMENSIONAL US MARKETWIDE VALUE ETF	25434V724	130,449	$6.1M	1.57%
22	JPMORGAN ULTRA-SHORT INCOME ETF	46641Q837	111,329	$5.6M	1.45%
23	BERKSHIRE HATHAWAY INC DEL CL B NEW	BRK-A	9,512	$4.8M	1.23%
24	DIMENSIONAL US REAL ESTATE ETF	25434V823	206,004	$4.7M	1.22%
25	DIMENSIONAL WORLD EX U.S. CORE EQUITY 2 ETF	25434V880	142,641	$4.7M	1.20%
26	ISHARES 1-5 YEAR INVESTMENT GRADE CORPORATE BOND ETF	464288646	85,794	$4.5M	1.17%
27	VANGUARD S&P 500 ETF	922908363	7,102	$4.5M	1.15%
28	META PLATFORMS INC CL A	META	6,691	$4.4M	1.14%
29	VANGUARD TOTAL INTERNATIONAL STOCK ETF	921909768	58,427	$4.4M	1.14%
30	VANGUARD GROWTH ETF	922908736	8,755	$4.3M	1.10%
31	VANGUARD MID-CAP ETF	922908629	14,599	$4.2M	1.09%
32	DIMENSIONAL US LARGE CAP VALUE ETF	25434V666	123,114	$4.2M	1.09%
33	SCHWAB US DIVIDEND EQUITY ETF	808524797	143,660	$3.9M	1.02%
34	BROADCOM INC COM	AVGO	11,283	$3.9M	1.01%
35	VANGUARD GLOBAL EX-U.S. REAL ESTATE ETF	922042676	81,424	$3.7M	0.96%
36	SPDR GOLD SHARES	GLD	9,316	$3.7M	0.95%
37	LAM RESEARCH CORP COM NEW	LRCX	21,357	$3.7M	0.94%
38	DIMENSIONAL INTERNATIONAL SMALL CAP VALUE ETF	25434V781	95,579	$3.6M	0.94%
39	VANGUARD SMALL-CAP ETF	922908751	13,037	$3.4M	0.87%
40	STATE STREET SPDR BLOOMBERG 3-12 MONTH T-BILL ETF	78468R523	28,807	$2.9M	0.74%
41	VANGUARD SMALL CAP VALUE ETF	922908611	11,326	$2.4M	0.62%
42	SPDR GOLD MINISHARES TRUST OF BENEFICIAL INTEREST	GLDW	27,818	$2.4M	0.61%
43	AMAZON COM INC COM	AMZN	10,036	$2.3M	0.60%
44	VANGUARD VALUE ETF	922908744	10,993	$2.1M	0.54%
45	AVANTIS INTERNATIONAL SMALL CAP VALUE ETF	025072802	21,975	$2.1M	0.53%
46	DIMENSIONAL EMERGING CORE EQUITY MARKET ETF	25434V302	62,223	$2.0M	0.52%
47	CISCO SYS INC COM	CSCO	24,703	$1.9M	0.49%
48	SCHWAB U.S. BROAD MARKET ETF	808524102	69,226	$1.8M	0.47%
49	WP CAREY INC COM	92936U109	27,997	$1.8M	0.46%
50	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	874039100	5,884	$1.8M	0.46%
51	VANGUARD REAL ESTATE ETF	922908553	19,401	$1.7M	0.44%
52	ISHARES SILVER TRUST	SLV	24,713	$1.6M	0.41%
53	VANGUARD FTSE ALL-WORLD EX-US INDEX FUND	922042775	21,422	$1.6M	0.41%
54	BANK NEW YORK MELLON CORP COM	064058100	13,342	$1.5M	0.40%
55	AVANTIS U.S. MID CAP EQUITY ETF	025072125	20,107	$1.4M	0.37%
56	CHEVRON CORPORATION COM	CVX	9,268	$1.4M	0.36%
57	ISHARES RUSSELL 2000 ETF	464287655	5,664	$1.4M	0.36%
58	VANGUARD TOTAL STOCK MARKET ETF	922908769	4,065	$1.4M	0.35%
59	AVANTIS U.S. SMALL CAP VALUE ETF	025072877	13,078	$1.3M	0.34%
60	SCHWAB U.S. SMALL-CAP ETF	808524607	45,542	$1.3M	0.33%
61	SCHWAB U.S. LARGE-CAP VALUE ETF	808524409	42,527	$1.3M	0.32%
62	VANGUARD DIVIDEND APPRECIATION ETF	921908844	5,530	$1.2M	0.31%
63	BANK AMERICA CORP COM	060505104	21,638	$1.2M	0.31%
64	ADVANCED MICRO DEVICES INC COM	AMD	5,453	$1.2M	0.30%
65	JOHNSON & JOHNSON COM	JNJ	5,429	$1.1M	0.29%
66	QUALCOMM INC COM	QCOM	6,535	$1.1M	0.29%
67	SPDR EURO STOXX 50 ETF	78463X202	15,979	$1.0M	0.27%
68	AMGEN INC COM	AMGN	3,089	$1.0M	0.26%
69	DIMENSIONAL U.S. CORE EQUITY 2 ETF	25434V708	24,803	$981,965	0.25%
70	ISHARES 0-3 MONTH TREASURY BOND ETF	46436E718	9,653	$968,928	0.25%
71	VISA INC COM CL A	V	2,629	$922,075	0.24%
72	INVESCO QQQ TRUST SERIES I	IVZ	1,497	$919,840	0.24%
73	ALPHABET INC CAP STK CL C	GOOG	2,818	$884,435	0.23%
74	INTUIT COM	INTU	1,326	$878,638	0.23%
75	SCHWAB U.S. REIT ETF	808524847	41,777	$872,722	0.22%
76	ISHARES IBONDS DEC 2032 TERM CORPORATE ETF	46436E312	33,824	$863,534	0.22%
77	ISHARES IBONDS DEC 2031 TERM CORPORATE ETF	46436E486	40,801	$862,941	0.22%
78	STATE STREET CONSUMER STAPLES SELECT SECTOR SPDR ETF	81369Y308	11,053	$858,594	0.22%
79	VANGUARD SHORT-TERM BOND ETF	921937827	10,666	$840,572	0.22%
80	LOCKHEED MARTIN CORP COM	LMT	1,726	$834,577	0.22%
81	HOME DEPOT INC COM	HD	2,362	$812,856	0.21%
82	COSTCO WHOLESALE CORPORATION COM	22160K105	939	$810,104	0.21%
83	VANGUARD HEALTH CARE ETF	92204A504	2,756	$793,229	0.20%
84	DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF	25434V799	22,962	$791,271	0.20%
85	VANGUARD HIGH DIVIDEND YIELD INDEX ETF	921946406	5,377	$771,751	0.20%
86	ISHARES CORE S&P SMALL CAP ETF	464287804	6,328	$760,553	0.20%
87	VANGUARD FTSE EMERGING MARKETS ETF	922042858	13,480	$724,668	0.19%
88	SCHWAB US AGGREGATE BOND ETF	808524839	30,184	$705,390	0.18%
89	BLACKSTONE INC COM	BX	4,390	$676,675	0.17%
90	ISHARES IBONDS DEC 2030 TERM CORPORATE ETF	46436E726	29,999	$662,078	0.17%
91	ISHARES S&P 500 GROWTH ETF	464287309	5,352	$659,688	0.17%
92	STATE STR SPDR S&P 500 ETF TR TR UNIT	SPY	949	$647,457	0.17%
93	CATERPILLAR INC COM	CAT	1,120	$641,475	0.17%
94	NETFLIX INC. COM	NFLX	6,580	$616,941	0.16%
95	DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF	25434V203	15,771	$601,033	0.15%
96	INTERNATIONAL BUSINESS MACHS COM	INTR	2,015	$596,742	0.15%
97	STATE STREET SPDR PORTFOLIO SHORT TERM CORPORATE BOND ETF	78464A474	19,425	$586,621	0.15%
98	ISHARES CORE MSCI EAFE ETF	46432F842	6,545	$585,507	0.15%
99	WELLS FARGO & CO COM	949746101	6,016	$560,664	0.14%
100	SCHWAB US TIPS ETF	808524870	20,703	$548,422	0.14%
101	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF	464287242	4,940	$544,338	0.14%
102	VANGUARD ULTRA-SHORT BOND ETF	92203C303	10,875	$542,010	0.14%
103	ISHARES S&P 500 VALUE ETF	464287408	2,523	$535,053	0.14%
104	JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETF	46641Q654	10,277	$523,510	0.13%
105	ISHARES CORE U.S. AGGREGATE BOND ETF	464287226	5,019	$501,298	0.13%
106	ISHARES IBONDS DEC 2029 TERM CORPORATE ETF	46436E205	21,086	$493,518	0.13%
107	SCHWAB EMERGING MARKETS EQUITY ETF	808524706	14,532	$475,935	0.12%
108	ISHARES IBONDS DEC 2034 TERM CORPORATE ETF	46438G653	17,986	$474,291	0.12%
109	BLACKROCK INC COM	BLK	439	$470,047	0.12%
110	ISHARES MSCI EAFE ETF	464287465	4,885	$469,107	0.12%
111	CONSTELLATION ENERGY CORP COM	CEG	1,322	$467,182	0.12%
112	EXXON MOBIL CORP COM	XOM	3,721	$447,745	0.12%
113	INVESCO S&P 500 LOW VOLATILITY ETF	IVZ	6,052	$432,234	0.11%
114	ISHARES IBONDS DEC 2033 TERM CORPORATE ETF	46436E130	16,333	$426,945	0.11%
115	INVESCO BULLETSHARES 2031 MUNICIPAL BOND ETF	IVZ	19,704	$416,444	0.11%
116	STATE STREET FINANCIAL SELECT SECTOR SPDR ETF	81369Y605	7,562	$414,173	0.11%
117	WISDOMTREE U.S. TOTAL DIVIDEND FUND	WT	4,815	$408,697	0.11%
118	NEWMONT CORP COM	NEMCL	3,984	$397,802	0.10%
119	SCHWAB SHORT-TERM US TREASURY ETF	808524862	15,949	$388,683	0.10%
120	ORACLE CORP COM	ORCL-PD	1,984	$386,791	0.10%
121	STATE STREET SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETF	78464A805	4,615	$380,712	0.10%
122	BOEING CO COM	BA-PA	1,745	$378,939	0.10%
123	DIMENSIONAL U.S. EQUITY MARKET ETF	25434V401	5,102	$378,415	0.10%
124	ISHARES CORE S&P MID-CAP ETF	464287507	5,605	$369,906	0.10%
125	ISHARES U.S. TECHNOLOGY ETF	464287721	1,760	$351,437	0.09%
126	INTEL CORP COM	INTC	9,281	$342,459	0.09%
127	SALESFORCE INC COM	CRM	1,279	$338,738	0.09%
128	DISNEY WALT CO COM	254687106	2,964	$337,214	0.09%
129	STARBUCKS CORP COM	SBUX	3,958	$333,337	0.09%
130	ACCENTURE PLC IRELAND SHS CLASS A	ACN	1,219	$327,058	0.08%
131	ABBVIE INC COM	ABBV	1,408	$321,759	0.08%
132	PGIM GLOBAL HIGH YIELD FD FORM COM	69346J106	25,764	$317,928	0.08%
133	GOLDMAN SACHS GROUP INC COM	GSCE	361	$316,955	0.08%
134	ISHARES IBONDS DEC 2027 TERM CORPORATE ETF	46435UAA9	13,020	$316,126	0.08%
135	WALMART INC COM	WMT	2,803	$312,314	0.08%
136	STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF	81369Y803	2,138	$307,808	0.08%
137	PALANTIR TECHNOLOGIES INC CL A	PLTR	1,693	$300,931	0.08%
138	ISHARES IBONDS DEC 2026 TERM CORPORATE ETF	46435GAA0	12,312	$298,320	0.08%
139	REGENERON PHARMACEUTICALS COM	REGN	384	$296,398	0.08%
140	FEDEX CORP COM	FDX	965	$278,750	0.07%
141	AVANTIS U.S. LARGE CAP VALUE ETF	025072349	3,653	$276,788	0.07%
142	DIMENSIONAL CALIFORNIA MUNICIPAL BOND ETF	25434V633	5,386	$269,732	0.07%
143	DIMENSIONAL GLOBAL CREDIT ETF	25434V567	4,961	$269,073	0.07%
144	CITIZENS FINL GROUP INC COM	CIA	4,575	$267,226	0.07%
145	STATE STREET SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF	78468R408	10,354	$262,163	0.07%
146	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF	921946794	2,894	$260,460	0.07%
147	STATE STREET UTILITIES SELECT SECTOR SPDR ETF	81369Y886	6,096	$260,238	0.07%
148	AMERICAN EXPRESS CO COM	AXP	696	$257,331	0.07%
149	PFIZER INC COM	PFE	10,334	$257,320	0.07%
150	ELI LILLY & CO COM	LLY	238	$255,774	0.07%
151	PALO ALTO NETWORKS INC COM	PANW	1,387	$255,485	0.07%
152	PROCTER & GAMBLE CO COM	742718109	1,781	$255,216	0.07%
153	STATE STREET ENERGY SELECT SECTOR SPDR ETF	81369Y506	5,695	$254,628	0.07%
154	ISHARES SELECT U.S. REIT ETF	464287564	4,120	$245,840	0.06%
155	ISHARES IBONDS DEC 2028 TERM CORPORATE ETF	46435U515	9,532	$242,637	0.06%
156	INTUITIVE SURGICAL INC COM NEW	ISRG	425	$240,703	0.06%
157	ISHARES MICRO-CAP ETF	464288869	1,510	$238,127	0.06%
158	JPMORGAN SHORT DURATION CORE PLUS ETF	46641Q274	4,909	$233,457	0.06%
159	YUM BRANDS INC COM	YUM	1,527	$231,005	0.06%
160	ADOBE INC COM	ADBE	659	$230,643	0.06%
161	RTX CORPORATION COM	RTX	1,256	$230,350	0.06%
162	TJX COS INC NEW COM	872540109	1,497	$229,954	0.06%
163	ISHARES TIPS BOND ETF	464287176	2,070	$227,514	0.06%
164	ORTHOFIX MED INC COM	OFIX	15,002	$227,430	0.06%
165	ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF	464288638	4,141	$223,117	0.06%
166	SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST	78467X109	463	$222,504	0.06%
167	FT VEST LADDERED BUFFER ETF	33740F755	6,382	$218,647	0.06%
168	DIMENSIONAL US CORE EQUITY MARKET ETF	25434V104	4,621	$216,263	0.06%
169	STATE STREET SPDR S&P REGIONAL BANKING ETF	78464A698	3,322	$215,291	0.06%
170	APPLIED MATLS INC COM	038222105	832	$213,816	0.06%
171	MARRIOTT INTL INC NEW CL A	571903202	678	$210,343	0.05%
172	INVESCO BULLETSHARES 2030 MUNICIPAL BOND ETF	IVZ	9,381	$206,617	0.05%
173	MINDWALK HOLDINGS CORP COM	HYFT	26,551	$48,323	0.01%
174	UR-ENERGY INC COM	URG	10,000	$13,900	0.00%