13F HOLDINGS REPORT

Brio Consultants, LLC

Quarter ended Q3 2025 · Filed November 10, 2025 · Accession 0001765380-25-000454

Total Value

$726.8M

Positions

137

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (137)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908363	130,359	$79.8M	10.98%
2	SCHWAB STRATEGIC TR	808524300	2,214,447	$70.7M	9.72%
3	VANGUARD BD INDEX FDS	921937835	827,262	$61.5M	8.46%
4	INVESCO ACTIVELY MANAGED EXC	IVZ	1,059,618	$50.3M	6.93%
5	GOLDMAN SACHS ETF TR	NVGLF	980,213	$40.3M	5.54%
6	SPDR INDEX SHS FDS	78463X889	938,938	$40.2M	5.53%
7	VANGUARD SCOTTSDALE FDS	92206C714	345,535	$30.9M	4.25%
8	SPDR SERIES TRUST	78468R861	888,564	$17.1M	2.36%
9	HARTFORD FDS EXCHANGE TRADED	41653L305	472,774	$16.2M	2.23%
10	ISHARES TR	46435G672	312,257	$16.0M	2.20%
11	ISHARES TR	464287671	80,183	$13.2M	1.82%
12	ISHARES INC	464286533	197,443	$12.6M	1.73%
13	ISHARES TR	464288356	186,891	$10.7M	1.47%
14	VANGUARD INDEX FDS	922908736	22,194	$10.6M	1.46%
15	ISHARES TR	46435G268	142,224	$10.5M	1.44%
16	ISHARES TR	46435U713	183,149	$9.7M	1.33%
17	VANGUARD SPECIALIZED FUNDS	921908844	42,629	$9.2M	1.27%
18	SELECT SECTOR SPDR TR	81369Y860	215,503	$9.1M	1.25%
19	ISHARES TR	46434V274	237,808	$8.5M	1.17%
20	APPLE INC	AAPL	33,017	$8.4M	1.16%
21	SPDR INDEX SHS FDS	78463X434	94,282	$8.3M	1.14%
22	VANGUARD STAR FDS	921909768	106,563	$7.8M	1.08%
23	FLEXSHARES TR	FLEX	173,952	$7.6M	1.05%
24	ISHARES TR	464288570	58,446	$7.4M	1.01%
25	ISHARES TR	464287465	76,129	$7.1M	0.98%
26	DBX ETF TR	233051150	114,781	$7.0M	0.97%
27	ISHARES TR	464288158	65,677	$7.0M	0.96%
28	AMERICAN CENTY ETF TR	025072885	62,833	$6.8M	0.94%
29	J P MORGAN EXCHANGE TRADED F	46641Q647	127,018	$6.4M	0.88%
30	ISHARES TR	46432F842	72,013	$6.3M	0.87%
31	ISHARES TR	46432F859	126,608	$6.2M	0.85%
32	FIRST TR EXCH TRADED FD III	33739P103	82,405	$5.8M	0.79%
33	VANGUARD CALIF TAX FREE FDS	922021605	51,447	$5.1M	0.71%
34	INVESCO EXCH TRADED FD TR II	IVZ	188,604	$5.0M	0.69%
35	ISHARES TR	464288414	43,825	$4.7M	0.64%
36	NVIDIA CORPORATION	NVDA	22,585	$4.2M	0.58%
37	SPDR SERIES TRUST	78468R739	82,810	$4.0M	0.55%
38	ISHARES TR	46435U549	82,687	$4.0M	0.55%
39	SCHWAB STRATEGIC TR	808524102	149,181	$3.8M	0.53%
40	NUSHARES ETF TR	NU	91,036	$3.4M	0.47%
41	ISHARES TR	46435G516	35,342	$3.3M	0.45%
42	ISHARES TR	46435G243	117,935	$3.0M	0.41%
43	VANGUARD INDEX FDS	922908769	8,698	$2.9M	0.39%
44	SPDR INDEX SHS FDS	78463X152	40,396	$2.6M	0.36%
45	FLEXSHARES TR	FLEX	39,655	$2.5M	0.34%
46	VANGUARD MUN BD FDS	922907712	33,087	$2.5M	0.34%
47	VANGUARD SCOTTSDALE FDS	92206C730	7,833	$2.4M	0.33%
48	ALPHABET INC	GOOG	9,467	$2.3M	0.32%
49	MICROSOFT CORP	MSFT	4,316	$2.2M	0.31%
50	SCHWAB STRATEGIC TR	808524847	101,380	$2.2M	0.30%
51	GOLDMAN SACHS ETF TR	NVGLF	41,768	$2.1M	0.29%
52	PACER FDS TR	69374H881	36,669	$2.1M	0.29%
53	AMAZON COM INC	AMZN	8,291	$1.8M	0.25%
54	ISHARES TR	464287614	3,732	$1.7M	0.24%
55	SPDR INDEX SHS FDS	78463X541	29,378	$1.7M	0.24%
56	ALPHABET INC	GOOG	7,018	$1.7M	0.23%
57	VANGUARD INDEX FDS	922908629	5,442	$1.6M	0.22%
58	ISHARES TR	46434V621	21,154	$1.4M	0.20%
59	ISHARES TR	464288372	23,168	$1.4M	0.19%
60	SCHWAB STRATEGIC TR	808524805	58,754	$1.4M	0.19%
61	SPDR SERIES TRUST	78464A847	23,585	$1.3M	0.19%
62	VANGUARD TAX-MANAGED FDS	921943858	21,816	$1.3M	0.18%
63	SPDR SERIES TRUST	78464A854	16,381	$1.3M	0.18%
64	DBX ETF TR	233051192	34,250	$1.2M	0.17%
65	SCHWAB STRATEGIC TR	808524730	28,721	$1.0M	0.14%
66	NEW YORK LIFE INVTS ACTIVE E	45409F777	47,058	$1.0M	0.14%
67	ORACLE CORP	ORCL-PD	3,626	$1.0M	0.14%
68	VISA INC	V	2,955	$1.0M	0.14%
69	ISHARES TR	464287150	6,777	$987,070	0.14%
70	J P MORGAN EXCHANGE TRADED F	46641Q837	19,365	$982,386	0.14%
71	VANGUARD INDEX FDS	922908751	3,814	$969,755	0.13%
72	NUSHARES ETF TR	NU	21,723	$957,998	0.13%
73	ISHARES TR	46435U440	19,868	$956,228	0.13%
74	SCHWAB STRATEGIC TR	808524763	30,045	$936,202	0.13%
75	ISHARES TR	464287119	8,640	$901,152	0.12%
76	VANGUARD INDEX FDS	922908553	9,735	$889,933	0.12%
77	ISHARES TR	464287804	6,708	$797,151	0.11%
78	SPDR SERIES TRUST	78464A409	7,506	$784,404	0.11%
79	VANGUARD BD INDEX FDS	921937819	9,773	$763,189	0.11%
80	ISHARES TR	464289867	11,847	$762,714	0.10%
81	ISHARES TR	464287309	6,235	$752,732	0.10%
82	META PLATFORMS INC	META	934	$685,911	0.09%
83	ISHARES TR	46435G532	7,754	$645,166	0.09%
84	J P MORGAN EXCHANGE TRADED F	46641Q670	13,524	$643,066	0.09%
85	COMCAST CORP NEW	CCZ	20,296	$637,707	0.09%
86	ISHARES TR	464288802	4,674	$634,021	0.09%
87	VANGUARD WHITEHALL FDS	921946406	4,436	$625,308	0.09%
88	INVESCO QQQ TR	IVZ	981	$589,262	0.08%
89	ISHARES TR	464287200	877	$587,089	0.08%
90	VANGUARD MUN BD FDS	922907746	11,292	$565,400	0.08%
91	SCHWAB STRATEGIC TR	808524201	21,028	$553,888	0.08%
92	INVESCO ACTIVELY MANAGED EXC	IVZ	5,502	$509,868	0.07%
93	AMERICAN CENTY ETF TR	025072307	4,418	$505,366	0.07%
94	ISHARES TR	464288323	9,226	$492,207	0.07%
95	FRANKLIN TEMPLETON ETF TR	FGDL	18,170	$481,868	0.07%
96	BANK AMERICA CORP	060505104	9,115	$470,259	0.06%
97	UNITED PARCEL SERVICE INC	UPS	5,276	$440,704	0.06%
98	LAM RESEARCH CORP	LRCX	3,073	$411,475	0.06%
99	AUTOMATIC DATA PROCESSING IN	ADP	1,294	$379,681	0.05%
100	VANGUARD SCOTTSDALE FDS	92206C680	3,092	$372,586	0.05%
101	SPDR S&P 500 ETF TR	SPY	549	$365,734	0.05%
102	BERKSHIRE HATHAWAY INC DEL	BRK-A	685	$344,377	0.05%
103	SPDR SERIES TRUST	78464A508	6,154	$340,510	0.05%
104	NETFLIX INC	NFLX	283	$339,294	0.05%
105	VANGUARD WORLD FD	921910733	2,851	$337,672	0.05%
106	CISCO SYS INC	CSCO	4,783	$327,253	0.05%
107	WELLS FARGO CO NEW	949746101	3,796	$318,205	0.04%
108	ELI LILLY & CO	LLY	416	$317,747	0.04%
109	SPDR SERIES TRUST	78468R853	6,664	$308,685	0.04%
110	NEW YORK LIFE INVTS ACTIVE E	45409F827	12,497	$303,677	0.04%
111	FIDELITY NATIONAL FINANCIAL	FNF	4,799	$290,292	0.04%
112	SCHWAB CHARLES CORP	SCHW-PJ	3,028	$289,084	0.04%
113	MASTERCARD INCORPORATED	MA	501	$284,974	0.04%
114	INTERNATIONAL BUSINESS MACHS	INTR	965	$272,193	0.04%
115	HOME DEPOT INC	HD	671	$272,053	0.04%
116	SALESFORCE INC	CRM	1,135	$268,995	0.04%
117	ISHARES TR	46434V613	5,745	$268,349	0.04%
118	DISNEY WALT CO	254687106	2,248	$257,440	0.04%
119	FIRST TR EXCHANGE-TRADED FD	33733E302	880	$246,259	0.03%
120	TESLA INC	TSLA	549	$244,151	0.03%
121	AMERICAN EXPRESS CO	AXP	717	$238,159	0.03%
122	VANGUARD INDEX FDS	922908538	810	$237,991	0.03%
123	EXXON MOBIL CORP	XOM	2,103	$237,130	0.03%
124	ASML HOLDING N V	ASMLF	239	$231,374	0.03%
125	VANGUARD WORLD FD	921910725	3,286	$227,950	0.03%
126	PEPSICO INC	PEP	1,594	$223,861	0.03%
127	WALMART INC	WMT	2,133	$219,775	0.03%
128	VANGUARD WORLD FD	921910816	538	$216,544	0.03%
129	UNITEDHEALTH GROUP INC	UNH	624	$215,467	0.03%
130	SPDR SERIES TRUST	78464A763	1,536	$215,168	0.03%
131	SCHWAB STRATEGIC TR	808524755	4,993	$214,499	0.03%
132	TJX COS INC NEW	872540109	1,472	$212,763	0.03%
133	JPMORGAN CHASE & CO.	VYLD	673	$212,367	0.03%
134	SCHWAB STRATEGIC TR	808524771	8,040	$211,452	0.03%
135	DIMENSIONAL ETF TRUST	25434V609	3,588	$208,857	0.03%
136	LLOYDS BANKING GROUP PLC	LLOBF	18,062	$82,001	0.01%
137	MIZUHO FINANCIAL GROUP INC	MZHOF	11,338	$75,965	0.01%