13F HOLDINGS REPORT

Brio Consultants, LLC

Quarter ended Q4 2025 · Filed February 4, 2026 · Accession 0001765380-26-000062

Total Value

$769.5M

Positions

146

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (146)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908363	131,014	$82.2M	10.68%
2	SCHWAB STRATEGIC TR	808524300	2,135,184	$69.6M	9.05%
3	VANGUARD BD INDEX FDS	921937835	891,816	$66.1M	8.58%
4	INVESCO ACTIVELY MANAGED EXC	IVZ	1,137,747	$54.0M	7.01%
5	GOLDMAN SACHS ETF TR	NVGLF	1,022,545	$43.9M	5.71%
6	SPDR INDEX SHS FDS	78463X889	972,284	$43.2M	5.61%
7	VANGUARD SCOTTSDALE FDS	92206C714	374,469	$34.6M	4.49%
8	SPDR SERIES TRUST	78468R861	946,670	$18.1M	2.35%
9	HARTFORD FDS EXCHANGE TRADED	41653L305	519,504	$17.7M	2.31%
10	ISHARES TR	46435G672	336,775	$16.8M	2.19%
11	ISHARES TR	464287671	81,460	$13.7M	1.78%
12	SPDR INDEX SHS FDS	78463X509	263,455	$12.3M	1.60%
13	ISHARES TR	464288356	198,177	$11.4M	1.48%
14	VANGUARD INDEX FDS	922908736	21,579	$10.5M	1.37%
15	ISHARES TR	46435U713	188,282	$9.9M	1.29%
16	SELECT SECTOR SPDR TR	81369Y860	229,277	$9.3M	1.20%
17	VANGUARD SPECIALIZED FUNDS	921908844	42,046	$9.2M	1.20%
18	SPDR INDEX SHS FDS	78463X434	99,648	$9.0M	1.17%
19	ISHARES TR	46434V274	237,995	$9.0M	1.17%
20	APPLE INC	AAPL	32,701	$8.9M	1.16%
21	FLEXSHARES TR	FLEX	183,981	$8.4M	1.10%
22	VANGUARD STAR FDS	921909768	109,303	$8.2M	1.07%
23	ISHARES TR	46435G268	109,281	$8.2M	1.06%
24	ISHARES TR	464287465	79,325	$7.6M	0.99%
25	ISHARES TR	464288570	58,901	$7.6M	0.99%
26	ISHARES TR	464288158	69,893	$7.5M	0.97%
27	DBX ETF TR	233051150	116,985	$7.4M	0.97%
28	AMERICAN CENTY ETF TR	025072885	61,301	$6.9M	0.89%
29	J P MORGAN EXCHANGE TRADED F	46641Q647	132,163	$6.7M	0.87%
30	ISHARES TR	46432F842	71,149	$6.4M	0.83%
31	ISHARES TR	46432F859	124,123	$6.1M	0.79%
32	FIRST TR EXCH TRADED FD III	33739P103	82,576	$5.9M	0.76%
33	VANGUARD CALIF TAX FREE FDS	922021605	54,394	$5.5M	0.71%
34	SPDR SERIES TRUST	78464A854	61,446	$4.9M	0.64%
35	ISHARES TR	464288414	43,770	$4.7M	0.61%
36	NVIDIA CORPORATION	NVDA	24,789	$4.6M	0.60%
37	SCHWAB STRATEGIC TR	808524102	170,756	$4.5M	0.58%
38	ISHARES TR	46435U549	88,871	$4.3M	0.55%
39	INVESCO EXCH TRADED FD TR II	IVZ	154,688	$4.2M	0.55%
40	SPDR SERIES TRUST	78468R739	85,485	$4.1M	0.53%
41	ISHARES TR	46435G516	37,460	$3.6M	0.46%
42	NUSHARES ETF TR	NU	96,827	$3.5M	0.46%
43	ISHARES TR	46435G243	126,830	$3.2M	0.42%
44	ALPHABET INC	GOOG	9,713	$3.0M	0.40%
45	VANGUARD MUN BD FDS	922907712	37,978	$2.9M	0.37%
46	VANGUARD INDEX FDS	922908769	8,538	$2.9M	0.37%
47	SPDR INDEX SHS FDS	78463X152	41,293	$2.8M	0.36%
48	FLEXSHARES TR	FLEX	41,218	$2.5M	0.32%
49	VANGUARD SCOTTSDALE FDS	92206C730	7,957	$2.5M	0.32%
50	MICROSOFT CORP	MSFT	4,682	$2.3M	0.29%
51	SCHWAB STRATEGIC TR	808524847	103,879	$2.2M	0.28%
52	ALPHABET INC	GOOG	6,884	$2.2M	0.28%
53	PACER FDS TR	69374H881	35,350	$2.1M	0.28%
54	GOLDMAN SACHS ETF TR	NVGLF	40,411	$2.0M	0.27%
55	AMAZON COM INC	AMZN	8,251	$1.9M	0.25%
56	VISA INC	V	5,400	$1.9M	0.25%
57	SPDR INDEX SHS FDS	78463X541	29,468	$1.8M	0.24%
58	SCHWAB STRATEGIC TR	808524805	69,938	$1.7M	0.22%
59	VANGUARD INDEX FDS	922908629	5,768	$1.7M	0.22%
60	ISHARES TR	464287614	3,429	$1.6M	0.21%
61	SCHWAB STRATEGIC TR	808524730	42,910	$1.5M	0.20%
62	ISHARES TR	464288372	24,993	$1.5M	0.20%
63	ISHARES TR	46434V621	20,968	$1.5M	0.19%
64	ISHARES TR	46436E718	13,966	$1.4M	0.18%
65	VANGUARD TAX-MANAGED FDS	921943858	21,032	$1.3M	0.17%
66	DBX ETF TR	233051192	34,713	$1.3M	0.17%
67	SPDR SERIES TRUST	78464A847	21,870	$1.3M	0.16%
68	ISHARES INC	464286533	17,950	$1.1M	0.15%
69	SPDR SERIES TRUST	78464A409	10,729	$1.1M	0.15%
70	NEW YORK LIFE INVTS ACTIVE E	45409F777	48,046	$1.0M	0.14%
71	VANGUARD INDEX FDS	922908751	4,046	$1.0M	0.14%
72	ISHARES TR	46435U440	21,550	$1.0M	0.13%
73	VANGUARD INDEX FDS	922908553	11,669	$1.0M	0.13%
74	VANGUARD SCOTTSDALE FDS	92206C680	8,360	$1.0M	0.13%
75	ISHARES TR	464287150	6,503	$966,931	0.13%
76	SCHWAB STRATEGIC TR	808524763	29,721	$936,509	0.12%
77	ISHARES TR	464287119	8,844	$920,130	0.12%
78	META PLATFORMS INC	META	1,387	$915,567	0.12%
79	ORACLE CORP	ORCL-PD	4,413	$860,134	0.11%
80	NUSHARES ETF TR	NU	19,247	$859,387	0.11%
81	J P MORGAN EXCHANGE TRADED F	46641Q837	15,597	$789,037	0.10%
82	VANGUARD BD INDEX FDS	921937819	9,781	$761,744	0.10%
83	ISHARES TR	464287309	6,115	$753,779	0.10%
84	ISHARES TR	464287804	6,236	$749,409	0.10%
85	ISHARES TR	46435G532	8,220	$692,318	0.09%
86	VANGUARD MUN BD FDS	922907746	13,299	$668,794	0.09%
87	ISHARES TR	464289867	10,070	$654,678	0.09%
88	ISHARES TR	464288802	4,646	$647,398	0.08%
89	INVESCO ACTIVELY MANAGED EXC	IVZ	6,999	$632,257	0.08%
90	ISHARES TR	464287200	910	$623,110	0.08%
91	VANGUARD WHITEHALL FDS	921946406	4,337	$622,501	0.08%
92	SCHWAB STRATEGIC TR	808524201	22,704	$610,957	0.08%
93	J P MORGAN EXCHANGE TRADED F	46641Q670	12,850	$608,448	0.08%
94	FRANKLIN TEMPLETON ETF TR	FGDL	22,290	$599,824	0.08%
95	AMERICAN CENTY ETF TR	025072307	4,932	$564,811	0.07%
96	INVESCO QQQ TR	IVZ	903	$554,978	0.07%
97	ISHARES TR	464288323	9,894	$529,428	0.07%
98	SPDR SERIES TRUST	78464A508	9,116	$517,863	0.07%
99	AMERICAN CENTY ETF TR	025072604	6,703	$516,265	0.07%
100	UNITED PARCEL SERVICE INC	UPS	5,145	$510,333	0.07%
101	LAM RESEARCH CORP	LRCX	2,970	$508,405	0.07%
102	ELI LILLY & CO	LLY	427	$459,366	0.06%
103	AMERICAN CENTY ETF TR	025072406	6,688	$429,436	0.06%
104	BANK AMERICA CORP	060505104	7,276	$400,180	0.05%
105	BERKSHIRE HATHAWAY INC DEL	BRK-A	787	$395,586	0.05%
106	WELLS FARGO CO NEW	949746101	4,123	$384,225	0.05%
107	SPDR S&P 500 ETF TR	SPY	549	$374,375	0.05%
108	AUTOMATIC DATA PROCESSING IN	ADP	1,416	$364,172	0.05%
109	SCHWAB STRATEGIC TR	808524755	7,573	$342,375	0.04%
110	JPMORGAN CHASE & CO.	VYLD	1,057	$340,671	0.04%
111	COMCAST CORP NEW	CCZ	11,255	$336,414	0.04%
112	VANGUARD WORLD FD	921910733	2,758	$333,608	0.04%
113	SALESFORCE INC	CRM	1,247	$330,449	0.04%
114	AMERICAN EXPRESS CO	AXP	859	$317,787	0.04%
115	SCHWAB CHARLES CORP	SCHW-PJ	3,172	$316,915	0.04%
116	WALMART INC	WMT	2,799	$311,781	0.04%
117	EXXON MOBIL CORP	XOM	2,531	$304,558	0.04%
118	MASTERCARD INCORPORATED	MA	522	$297,999	0.04%
119	NETFLIX INC	NFLX	3,140	$294,406	0.04%
120	CISCO SYS INC	CSCO	3,736	$287,784	0.04%
121	DISNEY WALT CO	254687106	2,528	$287,654	0.04%
122	CATERPILLAR INC	CAT	495	$283,571	0.04%
123	MICRON TECHNOLOGY INC	MU	984	$280,843	0.04%
124	NEW YORK LIFE INVTS ACTIVE E	45409F827	11,380	$276,875	0.04%
125	ASML HOLDING N V	ASMLF	256	$273,884	0.04%
126	ISHARES TR	46434V613	5,754	$267,791	0.03%
127	SPDR SERIES TRUST	78468R853	5,661	$265,259	0.03%
128	TESLA INC	TSLA	575	$258,589	0.03%
129	PEPSICO INC	PEP	1,801	$258,480	0.03%
130	TJX COS INC NEW	872540109	1,671	$256,682	0.03%
131	FIRST TR EXCHANGE-TRADED FD	33733E302	880	$236,878	0.03%
132	HOME DEPOT INC	HD	685	$235,645	0.03%
133	MERCK & CO INC	MRK	2,238	$235,572	0.03%
134	VANGUARD WORLD FD	921910725	3,258	$233,338	0.03%
135	MATSON INC	MATX	1,850	$228,568	0.03%
136	INTERNATIONAL BUSINESS MACHS	INTR	771	$228,282	0.03%
137	UNITEDHEALTH GROUP INC	UNH	662	$218,512	0.03%
138	BOEING CO	BA-PA	1,003	$217,771	0.03%
139	SPDR SERIES TRUST	78464A763	1,556	$216,500	0.03%
140	GOLDMAN SACHS GROUP INC	GSCE	244	$214,476	0.03%
141	BROADCOM INC	AVGO	606	$209,737	0.03%
142	QUALCOMM INC	QCOM	1,217	$208,168	0.03%
143	CONSOLIDATED EDISON INC	ED	2,052	$203,805	0.03%
144	HSBC HLDGS PLC	HBCYF	2,547	$200,372	0.03%
145	LLOYDS BANKING GROUP PLC	LLOBF	20,876	$110,643	0.01%
146	NOMURA HLDGS INC	NRSCF	11,814	$99,119	0.01%