Bristlecone Advisors, LLC — 13F Holdings & Portfolio
CIK 1671716 · latest 13F-HR filed 2025-10-24
Bristlecone Advisors, LLC manages $1.20B in 13F-reported U.S. long-equity assets across 233 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are MSFT (9.80%), IVV (5.60%), NVDA (4.05%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 22 new positions, exited 82, added to 115, and trimmed 45.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$1.20B
Long-equity book
233
Distinct positions
2025-09-30
Filed 2025-10-24
+22 / −82 / ↑115 / ↓45
vs 2025-06-30
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ISHARES TR$7.1M +11.8%
- NVIDIA CORPORATION$7.0M +16.9%
- ALPHABET INC$6.6M +35.2%
- VANGUARD BD INDEX FDS$4.6M +25.6%
- APPLE INC$4.5M +11.0%
Top Trims
- MICROSOFT CORP-$40.1M -25.5%
- VANGUARD INDEX FDS-$10.6M -91.6%
- AMAZON COM INC-$7.7M -22.3%
- VANGUARD WORLD FD-$5.0M -59.2%
- WISDOMTREE TR-$2.8M -32.9%
New Positions
- FORTINET INC$6.2M
- RTX CORPORATION$4.2M
- SPDR SERIES TRUST$1.0M
- ISHARES TR$902.7K
- ISHARES TR$846.2K
Exited Positions
- FORTINET INC$8.1M
- RTX CORPORATION$3.8M
- BERKSHIRE HATHAWAY INC DEL$728.8K
- VANGUARD INDEX FDS$419.5K
- DOLLAR GEN CORP NEW$401.7K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 594918104 | $117.2M | 9.80% | 226,320 | SH |
| 2 | ISHARES TR | IVV | 464287200 | $67.0M | 5.60% | 100,119 | SH |
| 3 | NVIDIA CORPORATION | NVDA | 67066G104 | $48.5M | 4.05% | 259,999 | SH |
| 4 | APPLE INC | AAPL | 037833100 | $45.2M | 3.78% | 177,528 | SH |
| 5 | SPDR INDEX SHS FDS | SPDW | 78463X889 | $41.8M | 3.49% | 976,872 | SH |
| 6 | ISHARES TR | AGG | 464287226 | $38.6M | 3.23% | 385,520 | SH |
| 7 | ISHARES TR | IJH | 464287507 | $32.5M | 2.72% | 498,272 | SH |
| 8 | SCHWAB STRATEGIC TR | SCHX | 808524201 | $32.3M | 2.70% | 1,226,756 | SH |
| 9 | AMAZON COM INC | AMZN | 023135106 | $26.8M | 2.24% | 122,211 | SH |
| 10 | VANGUARD INDEX FDS | VV | 922908637 | $25.8M | 2.15% | 83,711 | SH |
| 11 | ALPHABET INC | GOOGL | 02079K305 | $25.3M | 2.11% | 104,082 | SH |
| 12 | COSTCO WHSL CORP NEW | COST | 22160K105 | $24.6M | 2.05% | 26,551 | SH |
| 13 | SPDR SERIES TRUST | SPAB | 78464A649 | $22.7M | 1.90% | 877,707 | SH |
| 14 | VANGUARD BD INDEX FDS | BND | 921937835 | $22.6M | 1.88% | 303,262 | SH |
| 15 | SELECT SECTOR SPDR TR | XLK | 81369Y803 | $21.7M | 1.81% | 77,031 | SH |
| 16 | GALLAGHER ARTHUR J & CO | AJG | 363576109 | $21.0M | 1.75% | 67,794 | SH |
| 17 | WISDOMTREE TR | DLN | 97717W307 | $19.8M | 1.65% | 227,025 | SH |
| 18 | ISHARES TR | IJR | 464287804 | $19.4M | 1.62% | 163,270 | SH |
| 19 | J P MORGAN EXCHANGE TRADED F | JPST | 46641Q837 | $17.5M | 1.46% | 344,989 | SH |
| 20 | VANGUARD INDEX FDS | VB | 922908751 | $16.3M | 1.36% | 64,155 | SH |
| 21 | SPDR S&P 500 ETF TR | SPY | 78462F103 | $16.0M | 1.34% | 23,981 | SH |
| 22 | VANGUARD INDEX FDS | VUG | 922908736 | $15.9M | 1.33% | 33,251 | SH |
| 23 | VANGUARD TAX-MANAGED FDS | VEA | 921943858 | $15.9M | 1.33% | 264,824 | SH |
| 24 | ISHARES TR | IWR | 464287499 | $15.8M | 1.32% | 163,187 | SH |
| 25 | META PLATFORMS INC | META | 30303M102 | $14.5M | 1.22% | 19,799 | SH |
| 26 | SCHWAB STRATEGIC TR | SCHF | 808524805 | $13.2M | 1.10% | 565,337 | SH |
| 27 | PALANTIR TECHNOLOGIES INC | PLTR | 69608A108 | $11.3M | 0.94% | 61,746 | SH |
| 28 | JPMORGAN CHASE & CO. | JPM | 46625H100 | $10.8M | 0.91% | 34,386 | SH |
| 29 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $10.0M | 0.83% | 19,841 | SH |
| 30 | TESLA INC | TSLA | 88160R101 | $9.7M | 0.81% | 21,823 | SH |
| 31 | INVESCO QQQ TR | QQQ | 46090E103 | $9.3M | 0.78% | 15,558 | SH |
| 32 | SPDR SERIES TRUST | SPYG | 78464A409 | $8.5M | 0.71% | 81,587 | SH |
| 33 | VANGUARD INTL EQUITY INDEX F | VWO | 922042858 | $8.5M | 0.71% | 156,532 | SH |
| 34 | GOLDMAN SACHS ETF TR | GSST | 381430230 | $7.9M | 0.66% | 156,676 | SH |
| 35 | VISA INC | V | 92826C839 | $7.5M | 0.63% | 21,983 | SH |
| 36 | JOHNSON & JOHNSON | JNJ | 478160104 | $7.3M | 0.61% | 39,236 | SH |
| 37 | VANGUARD INDEX FDS | VO | 922908629 | $7.2M | 0.60% | 24,476 | SH |
| 38 | ISHARES TR | EFA | 464287465 | $6.9M | 0.58% | 74,292 | SH |
| 39 | NETFLIX INC | NFLX | 64110L106 | $6.8M | 0.57% | 5,650 | SH |
| 40 | GOLDMAN SACHS ETF TR | GCOR | 38149W101 | $6.6M | 0.55% | 156,815 | SH |
| 41 | HOME DEPOT INC | HD | 437076102 | $6.5M | 0.54% | 16,048 | SH |
| 42 | FORTINET INC | FTNT | 34959E113 | $6.2M | 0.52% | 74,095 | SH |
| 43 | WISDOMTREE TR | USFR | 97717Y527 | $5.7M | 0.48% | 113,306 | SH |
| 44 | TRAVELERS COMPANIES INC | TRV | 89417E109 | $5.4M | 0.45% | 19,177 | SH |
| 45 | LAM RESEARCH CORP | LRCX | 512807306 | $5.3M | 0.44% | 39,304 | SH |
| 46 | ISHARES TR | SOXX | 464287523 | $5.2M | 0.44% | 19,213 | SH |
| 47 | ISHARES TR | ITA | 464288760 | $4.9M | 0.41% | 23,560 | SH |
| 48 | NIKE INC | NKE | 654106103 | $4.9M | 0.41% | 70,520 | SH |
| 49 | SPDR INDEX SHS FDS | SPEM | 78463X509 | $4.9M | 0.41% | 103,638 | SH |
| 50 | AMGEN INC | AMGN | 031162100 | $4.7M | 0.39% | 16,673 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-09-30 | 2025-10-24 | $1.20B | 233 | 0001671716-25-000004 |
| 2025-06-30 | 2025-08-04 | $1.19B | 296 | 0001398344-25-014361 |