Institutional Manager · CIK 0001671716
Bristlecone Advisors, LLC
BELLEVUE, WA · File #028-17428
Latest AUM
$1.20B
Positions
233
Top-10 Concentration
50.1%
Filings
8
Portfolio Value Over Time
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | MICROSOFT CORP | 594918104 | -89,480 | -$46.3M | +$6.5M |
| EXITED | FORTINET INC | 34959E109 | -76,451 | -$8.1M | $0 |
| REDUCE | AMAZON COM INC | 023135106 | -35,109 | -$7.7M | +$28,318 |
| NEW | FORTINET INC | 34959E113 | +74,095 | +$6.2M | $0 |
| REDUCE | VANGUARD WORLD FD | 92204A702 | -8,168 | -$6.1M | +$1.1M |
| REDUCE | APPLE INC | 037833100 | -20,962 | -$5.3M | +$9.8M |
| ADD | VANGUARD BD INDEX FDS | 921937835 | +59,381 | +$4.4M | +$180,474 |
| NEW | RTX CORPORATION | 00755E105 | +25,323 | +$4.2M | $0 |
| EXITED | RTX CORPORATION | 75513E101 | -25,777 | -$3.8M | $0 |
| ADD | J P MORGAN EXCHANGE TRADED F | 46641Q837 | +68,562 | +$3.5M | +$13,821 |
Filing History
- 13F HOLDINGS REPORTQ/E Sep 2025233 pos · $1.20B
- 13F HOLDINGS REPORTQ/E Jun 2025296 pos · $1.19B
- 13F HOLDINGS REPORTQ/E Mar 2025380 pos · $1.22B
- 13F HOLDINGS REPORTQ/E Dec 2024376 pos · $1.28B
- 13F HOLDINGS REPORTQ/E Sep 2024365 pos · $1.25B
- 13F HOLDINGS REPORTQ/E Jun 2024291 pos · $1.17B
- 13F HOLDINGS REPORTQ/E Mar 2024270 pos · $1.14B
- 13F HOLDINGS REPORTQ/E Dec 2023260 pos · $889.9M
Top 20 Holdings — Sep 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | 594918104 | 226,320 | $117.2M | 12.34% |
| 2 | ISHARES TR | 464287200 | 100,119 | $67.0M | 7.05% |
| 3 | NVIDIA CORPORATION | 67066G104 | 259,999 | $48.5M | 5.11% |
| 4 | APPLE INC | 037833100 | 177,528 | $45.2M | 4.76% |
| 5 | SPDR INDEX SHS FDS | 78463X889 | 976,872 | $41.8M | 4.40% |
| 6 | ISHARES TR | 464287226 | 385,520 | $38.6M | 4.07% |
| 7 | ISHARES TR | 464287507 | 498,272 | $32.5M | 3.42% |
| 8 | SCHWAB STRATEGIC TR | 808524201 | 1,226,756 | $32.3M | 3.40% |
| 9 | AMAZON COM INC | 023135106 | 122,211 | $26.8M | 2.83% |
| 10 | VANGUARD INDEX FDS | 922908637 | 83,711 | $25.8M | 2.71% |
| 11 | ALPHABET INC | 02079K305 | 104,082 | $25.3M | 2.66% |
| 12 | COSTCO WHSL CORP NEW | 22160K105 | 26,551 | $24.6M | 2.59% |
| 13 | SPDR SERIES TRUST | 78464A649 | 877,707 | $22.7M | 2.39% |
| 14 | VANGUARD BD INDEX FDS | 921937835 | 303,262 | $22.6M | 2.37% |
| 15 | SELECT SECTOR SPDR TR | 81369Y803 | 77,031 | $21.7M | 2.29% |
| 16 | GALLAGHER ARTHUR J & CO | 363576109 | 67,794 | $21.0M | 2.21% |
| 17 | WISDOMTREE TR | 97717W307 | 227,025 | $19.8M | 2.08% |
| 18 | ISHARES TR | 464287804 | 163,270 | $19.4M | 2.04% |
| 19 | J P MORGAN EXCHANGE TRADED F | 46641Q837 | 344,989 | $17.5M | 1.84% |
| 20 | VANGUARD INDEX FDS | 922908751 | 64,155 | $16.3M | 1.72% |