Gradient Capital Advisors, LLC

Q4 2025 13F-HR Holdings

Location
San Diego, CA
Holdings as of
12/31/2025
Date filed
2/6/2026
Form type
13F-HR
Num holdings
174
Total value ($000)
$388,010
Net value change ($000)
+14,904 (4.0%)
New positions
10
Sold out positions
3
Turnover %
1.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/27/2025 Next filing: 4/15/2026 SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
DFGP 4,187 89.1%
GOOGL 1,997 36.0%
AAPL 1,059 5.7%
SGOV 969 NEW
VCSH 912 7.1%
BK 899 138.3%
DFSV 757 13.2%
LRCX 719 24.5%
VEA 621 9.6%
IVV 580 1.7%
Top Reduces (Value $000, Stocks/ETFs)
JPST -774 -12.1%
MSFT -624 -8.2%
META -538 -10.9%
VV -340 -4.1%
POWR -328 -100.0%
TSLA -319 -4.4%
BILS -241 -7.8%
VTIP -236 -3.0%
NVDA -225 -3.6%
SCHX -215 -2.9%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type