13F HOLDINGS REPORT

Brio Consultants, LLC

Quarter ended Q2 2025 · Filed August 7, 2025 · Accession 0001765380-25-000305

Total Value

$684.5M

Positions

134

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (134)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908363	127,754	$72.6M	10.60%
2	SCHWAB STRATEGIC TR	808524300	2,252,676	$65.8M	9.61%
3	VANGUARD BD INDEX FDS	921937835	804,818	$59.3M	8.66%
4	INVESCO ACTIVELY MANAGED EXC	IVZ	1,013,133	$47.5M	6.94%
5	GOLDMAN SACHS ETF TR	NVGLF	959,806	$38.1M	5.56%
6	SPDR INDEX SHS FDS	78463X889	923,950	$37.4M	5.47%
7	VANGUARD SCOTTSDALE FDS	92206C714	332,904	$28.4M	4.14%
8	SPDR SERIES TRUST	78468R861	864,922	$16.6M	2.42%
9	HARTFORD FDS EXCHANGE TRADED	41653L305	462,523	$15.7M	2.29%
10	ISHARES TR	46435G672	305,121	$15.6M	2.28%
11	ISHARES INC	464286533	196,971	$12.4M	1.81%
12	ISHARES TR	464287671	81,776	$12.3M	1.80%
13	ISHARES TR	46435G268	169,041	$11.5M	1.67%
14	ISHARES TR	464288356	199,252	$11.1M	1.62%
15	VANGUARD INDEX FDS	922908736	21,549	$9.4M	1.38%
16	ISHARES TR	46435U713	181,371	$8.9M	1.30%
17	VANGUARD SPECIALIZED FUNDS	921908844	43,171	$8.8M	1.29%
18	SELECT SECTOR SPDR TR	81369Y860	207,864	$8.6M	1.26%
19	ISHARES TR	46434V274	241,659	$8.3M	1.21%
20	VANGUARD STAR FDS	921909768	108,794	$7.5M	1.10%
21	SPDR INDEX SHS FDS	78463X434	84,955	$7.3M	1.06%
22	APPLE INC	AAPL	34,993	$7.2M	1.05%
23	AMERICAN CENTY ETF TR	025072885	68,359	$6.9M	1.01%
24	FLEXSHARES TR	FLEX	168,488	$6.8M	0.99%
25	ISHARES TR	464288158	63,498	$6.8M	0.99%
26	ISHARES TR	464287465	75,151	$6.7M	0.98%
27	ISHARES TR	464288570	56,812	$6.6M	0.96%
28	DBX ETF TR	233051150	111,203	$6.3M	0.92%
29	ISHARES TR	46432F859	129,174	$6.3M	0.92%
30	J P MORGAN EXCHANGE TRADED F	46641Q647	126,451	$6.3M	0.92%
31	VANGUARD CALIF TAX FREE FDS	922021605	59,384	$5.8M	0.85%
32	ISHARES TR	46432F842	67,247	$5.6M	0.82%
33	FIRST TR EXCH TRADED FD III	33739P103	84,485	$5.6M	0.82%
34	ISHARES TR	464288414	46,851	$4.9M	0.72%
35	INVESCO EXCH TRADED FD TR II	IVZ	184,515	$4.8M	0.70%
36	SPDR SERIES TRUST	78468R739	84,338	$4.0M	0.59%
37	ISHARES TR	46435U549	76,110	$3.6M	0.53%
38	SCHWAB STRATEGIC TR	808524102	148,220	$3.5M	0.52%
39	NVIDIA CORPORATION	NVDA	21,206	$3.4M	0.49%
40	NUSHARES ETF TR	NU	87,902	$3.1M	0.46%
41	ISHARES TR	46435G516	33,855	$3.0M	0.44%
42	ISHARES TR	46435G243	109,527	$2.8M	0.40%
43	VANGUARD INDEX FDS	922908769	8,995	$2.7M	0.40%
44	FLEXSHARES TR	FLEX	38,082	$2.4M	0.34%
45	SPDR INDEX SHS FDS	78463X152	40,847	$2.3M	0.34%
46	VANGUARD MUN BD FDS	922907712	31,281	$2.3M	0.34%
47	GOLDMAN SACHS ETF TR	NVGLF	43,523	$2.2M	0.32%
48	VANGUARD SCOTTSDALE FDS	92206C730	7,708	$2.2M	0.32%
49	PACER FDS TR	69374H881	39,019	$2.1M	0.31%
50	SCHWAB STRATEGIC TR	808524847	98,645	$2.1M	0.30%
51	MICROSOFT CORP	MSFT	3,944	$2.0M	0.29%
52	ALPHABET INC	GOOG	10,462	$1.9M	0.27%
53	VANGUARD INDEX FDS	922908629	6,278	$1.8M	0.26%
54	AMAZON COM INC	AMZN	7,899	$1.7M	0.25%
55	ISHARES TR	464287614	3,878	$1.6M	0.24%
56	SPDR SERIES TRUST	78464A847	29,630	$1.6M	0.24%
57	ISHARES TR	46434V621	24,482	$1.6M	0.23%
58	SPDR INDEX SHS FDS	78463X541	28,799	$1.6M	0.23%
59	SCHWAB STRATEGIC TR	808524805	62,534	$1.4M	0.20%
60	ISHARES TR	464288372	23,051	$1.4M	0.20%
61	VANGUARD INDEX FDS	922908751	5,503	$1.3M	0.19%
62	ALPHABET INC	GOOG	7,364	$1.3M	0.19%
63	VANGUARD TAX-MANAGED FDS	921943858	22,183	$1.3M	0.18%
64	SCHWAB STRATEGIC TR	808524763	40,060	$1.1M	0.17%
65	DBX ETF TR	233051192	33,524	$1.1M	0.16%
66	VISA INC	V	2,917	$1.0M	0.15%
67	SPDR SERIES TRUST	78464A854	13,574	$986,662	0.14%
68	SCHWAB STRATEGIC TR	808524730	29,740	$981,717	0.14%
69	NUSHARES ETF TR	NU	23,633	$962,821	0.14%
70	VANGUARD INDEX FDS	922908553	10,311	$918,281	0.13%
71	ISHARES TR	464287150	6,777	$915,166	0.13%
72	ISHARES TR	464287804	8,093	$884,477	0.13%
73	ISHARES TR	46435U440	18,083	$861,995	0.13%
74	ISHARES TR	464287119	8,465	$820,259	0.12%
75	ORACLE CORP	ORCL-PD	3,562	$778,756	0.11%
76	VANGUARD BD INDEX FDS	921937819	9,634	$745,116	0.11%
77	ISHARES TR	464289867	11,748	$723,351	0.11%
78	SPDR SERIES TRUST	78464A409	7,533	$718,035	0.10%
79	META PLATFORMS INC	META	938	$692,328	0.10%
80	ISHARES TR	464287309	6,235	$686,513	0.10%
81	J P MORGAN EXCHANGE TRADED F	46641Q670	14,388	$677,099	0.10%
82	ISHARES TR	464288802	4,840	$613,457	0.09%
83	VANGUARD WHITEHALL FDS	921946406	4,535	$604,561	0.09%
84	ISHARES TR	464287200	933	$579,160	0.08%
85	ISHARES TR	46435G532	7,278	$552,138	0.08%
86	NEW YORK LIFE INVTS ACTIVE E	45409F777	25,843	$550,714	0.08%
87	UNITED PARCEL SERVICE INC	UPS	5,332	$538,212	0.08%
88	INVESCO QQQ TR	IVZ	975	$537,940	0.08%
89	VANGUARD SCOTTSDALE FDS	92206C680	4,810	$525,252	0.08%
90	COMCAST CORP NEW	CCZ	14,714	$525,156	0.08%
91	SCHWAB STRATEGIC TR	808524201	20,211	$493,963	0.07%
92	INVESCO ACTIVELY MANAGED EXC	IVZ	5,354	$488,881	0.07%
93	VANGUARD MUN BD FDS	922907746	9,963	$488,486	0.07%
94	FRANKLIN TEMPLETON ETF TR	FGDL	19,790	$476,939	0.07%
95	AMERICAN CENTY ETF TR	025072307	4,124	$450,050	0.07%
96	BANK AMERICA CORP	060505104	8,728	$413,001	0.06%
97	AUTOMATIC DATA PROCESSING IN	ADP	1,269	$391,213	0.06%
98	ISHARES TR	464288323	7,171	$373,896	0.05%
99	SPDR SERIES TRUST	78468R853	8,154	$347,362	0.05%
100	CISCO SYS INC	CSCO	5,006	$347,316	0.05%
101	BERKSHIRE HATHAWAY INC DEL	BRK-A	699	$339,553	0.05%
102	VANGUARD WORLD FD	921910733	3,093	$339,116	0.05%
103	SPDR SERIES TRUST	78464A508	6,403	$335,158	0.05%
104	NETFLIX INC	NFLX	246	$329,426	0.05%
105	DISNEY WALT CO	254687106	2,586	$320,695	0.05%
106	SPDR S&P 500 ETF TR	SPY	510	$315,105	0.05%
107	WELLS FARGO CO NEW	949746101	3,796	$304,159	0.04%
108	ELI LILLY & CO	LLY	371	$289,552	0.04%
109	LAM RESEARCH CORP	LRCX	2,961	$288,224	0.04%
110	SALESFORCE INC	CRM	1,052	$286,870	0.04%
111	BROADCOM INC	AVGO	998	$275,120	0.04%
112	INTERNATIONAL BUSINESS MACHS	INTR	923	$271,986	0.04%
113	SCHWAB CHARLES CORP	SCHW-PJ	2,866	$261,475	0.04%
114	TESLA INC	TSLA	798	$253,493	0.04%
115	MASTERCARD INCORPORATED	MA	450	$252,873	0.04%
116	CONSOLIDATED EDISON INC	ED	2,401	$240,940	0.04%
117	ISHARES TR	46434V613	5,177	$239,333	0.03%
118	FIRST TR EXCHANGE-TRADED FD	33733E302	880	$237,010	0.03%
119	SAP SE	SAPGF	766	$232,941	0.03%
120	VANGUARD INDEX FDS	922908538	810	$230,485	0.03%
121	EXXON MOBIL CORP	XOM	2,100	$226,429	0.03%
122	WALMART INC	WMT	2,305	$225,351	0.03%
123	VANGUARD WORLD FD	921910725	3,331	$218,181	0.03%
124	PEPSICO INC	PEP	1,627	$214,829	0.03%
125	HOME DEPOT INC	HD	574	$210,481	0.03%
126	BIO RAD LABS INC	090572207	863	$208,259	0.03%
127	SPDR SERIES TRUST	78464A763	1,533	$208,031	0.03%
128	MATSON INC	MATX	1,847	$205,663	0.03%
129	ASML HOLDING N V	ASMLF	255	$204,354	0.03%
130	AMERICAN EXPRESS CO	AXP	635	$202,552	0.03%
131	UNITEDHEALTH GROUP INC	UNH	644	$200,909	0.03%
132	LLOYDS BANKING GROUP PLC	LLOBF	17,627	$74,915	0.01%
133	MARQETA INC	MQ	12,138	$70,765	0.01%
134	MIZUHO FINANCIAL GROUP INC	MZHOF	12,716	$70,701	0.01%