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Livermore
Livermore
ZHEN

Bristlecone Advisors, LLC

SEC CIK
0001671716
Latest filing
Oct 24, 2025

Holdings in Q2 2025

Holdings as of Jun 30, 2025, filed Aug 4, 2025. Long positions only; changes compare share counts with Q1 2025.

Institution overview
Positions
293
−84 vs. Q1 2025
Portfolio value
$1.19B
−$33.2M (−2.7%) vs. Q1 2025
Filed
Aug 4, 2025
SEC
Holdings of Bristlecone Advisors, LLC in Q2 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Tr46436E767ESG MSCI USA ETF6$327<0.1%00.0%Unchanged–
Schwab U.S. Broad Market ETF808524102ETF14$335<0.1%+14New–
SPDR Index Shs FDS78463X434ST STR MSCI EAFE12$1.02K<0.1%00.0%Unchanged–
Vanguard Emerging Markets Government Bond ETF921946885ETF50$3.27K<0.1%00.0%Unchanged–
Invesco Exchange Traded FD T46137V266S&P500 PUR GWT75$3.43K<0.1%00.0%Unchanged–
Invesco Exchange Traded FD T46137V316S&P500 EQL MAT115$3.73K<0.1%00.0%Unchanged–
iShares Tr464287549EXPND TEC SC ETF36$4.04K<0.1%−6,660−99.5%Reduced–
State Street SPDR S&P Emerging Asia Pacific ETF78463X301ETF40$5.06K<0.1%00.0%Unchanged–
State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853ETF157$6.69K<0.1%00.0%Unchanged–
Vanguard World FD921910873MEGA CAP INDEX37$8.32K<0.1%00.0%Unchanged–
Invesco Exchange Traded FD T46137V167S&P SML600 VAL100$10.5K<0.1%00.0%Unchanged–
iShares Tr46432F388MSCI USA VALUE103$11.7K<0.1%00.0%Unchanged–
WisdomTree Tr97717W570US MIDCAP FUND200$12.4K<0.1%00.0%Unchanged–
iShares Global Clean Energy ETF464288224ETF1,063$13.9K<0.1%00.0%Unchanged–
Invesco Exchange Traded FD T46137V597RAFI US 1500391$15.9K<0.1%+1+0.3%Added–
SPDR Series Trust78468R796ST STR SP500FF327$16.7K<0.1%00.0%Unchanged–
iShares S&P Mid-Cap 400 Value ETF464287705ETF141$17.4K<0.1%00.0%Unchanged–
State Street SPDR Portfolio S&P 500 ETF78464A854ETF242$17.6K<0.1%00.0%Unchanged–
iShares S&P Mid-Cap 400 Growth ETF464287606ETF198$18.0K<0.1%00.0%Unchanged–
Schwab Fundamental U.S. Large Company ETF808524771ETF794$19.5K<0.1%+3+0.4%Added–
State Street SPDR S&P 600 Small Cap Value ETF78464A300ETF249$19.9K<0.1%00.0%Unchanged–
iShares Core MSCI Total International Stock ETF46432F834ETF261$20.2K<0.1%00.0%Unchanged–
State Street SPDR S&P 400 Mid Cap Value ETF78464A839ETF266$21.1K<0.1%00.0%Unchanged–
iShares Select U.S. REIT ETF464287564ETF386$23.6K<0.1%+2+0.5%Added–
Schwab Fundamental International Equity ETF808524755ETF602$24.1K<0.1%+3+0.5%Added–
State Street Utilities Select Sector SPDR ETF81369Y886ETF300$24.5K<0.1%00.0%Unchanged–
Vanguard Admiral FDS Inc921932869MIDCP 400 GRTH220$24.9K<0.1%00.0%Unchanged–
Schwab Fundamental Emerging Markets Equity ETF808524730ETF792$26.1K<0.1%+5+0.6%Added–
Schwab Fundamental U.S. Small Company ETF808524763ETF917$26.3K<0.1%+2+0.2%Added–
Vanguard Long-Term Treasury ETF92206C847ETF474$26.6K<0.1%−420−47.0%Reduced–
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663ETF300$27.5K<0.1%00.0%Unchanged–
WisdomTree Tr97717W109US TOTAL DIVIDND436$34.7K<0.1%00.0%Unchanged–
Invesco S&P 500 Equal Weight Technology ETF46137V282ETF1,000$40.8K<0.1%00.0%Unchanged–
iShares Tr464287515EXPANDED TECH425$46.5K<0.1%00.0%Unchanged–
Schwab Intermediate-Term US Treasury ETF808524854ETF1,860$46.6K<0.1%−474−20.3%Reduced–
Vanguard Short-Term Bond ETF921937827ETF600$47.2K<0.1%00.0%Unchanged–
Invesco Exchange Traded FD T46137V613RAFI US 1000 ETF1,125$47.6K<0.1%+5+0.4%Added–
iShares Tr464288869MICRO-CAP ETF375$47.9K<0.1%00.0%Unchanged–
Vanguard Industrials ETF92204A603ETF174$48.7K<0.1%−1,092−86.3%Reduced–
Schwab US Aggregate Bond ETF808524839ETF2,354$54.7K<0.1%00.0%Unchanged–
iShares Core S&P U.S. Growth ETF464287671ETF370$55.6K<0.1%+370New–
State Street SPDR S&P Regional Banking ETF78464A698ETF940$55.8K<0.1%00.0%Unchanged–
WisdomTree Tr97717W406US AI ENHANCED529$59.8K<0.1%00.0%Unchanged–
SPDR Series Trust78468R747ST STR MSCI GEN487$60.8K<0.1%00.0%Unchanged–
Schwab U.S. REIT ETF808524847ETF2,973$62.9K<0.1%+23+0.8%Added–
LUMNLumen Technologies, Inc.Stock14,500$63.5K<0.1%00.0%UnchangedHistory
Invesco Exchange Traded FD T46137V142WATER RES ETF1,034$72.3K<0.1%00.0%Unchanged–
Schwab Emerging Markets Equity ETF808524706ETF2,498$75.3K<0.1%+3+0.1%Added–
iShares Tr4642886613 7 YR TREAS BD634$75.5K<0.1%+6+1.0%Added–
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF700$77.3K<0.1%00.0%Unchanged–
Flexshares Tr33939L662HIG YLD VL ETF1,967$80.7K<0.1%+1,967New–
iShares Tr464287192US TRSPRTION1,180$80.9K<0.1%00.0%Unchanged–
iShares Tr464287531US DIGI REAL ETF1,000$83.0K<0.1%00.0%Unchanged–
iShares Tr464288794US BR DEL SE ETF550$93.0K<0.1%00.0%Unchanged–
IBRXImmunityBio, Inc.COM36,000$95.0K<0.1%00.0%UnchangedHistory
Schwab US Tips ETF808524870ETF3,677$98.1K<0.1%−400−9.8%Reduced–
Vanguard World FD921910725ESG INTL STK ETF1,499$98.2K<0.1%00.0%Unchanged–
iShares Tr464288570ESG MSCI KLD ETF855$99.3K<0.1%00.0%Unchanged–
iShares Tr464287556ISHARES BIOTECH786$99.4K<0.1%−137−14.8%Reduced–
Vanguard Intermediate-Term Bond ETF921937819ETF1,307$101.1K<0.1%00.0%Unchanged–
SPDR Series Trust78464A763ST STR SP DIV768$104.2K<0.1%00.0%Unchanged–
Invesco Exchange Traded FD T46137V563HIG YLD EQ DIV5,405$110.3K<0.1%00.0%Unchanged–
iShares Tr464288273EAFE SML CP ETF1,593$115.8K<0.1%−20−1.2%Reduced–
Invesco Exchange Traded FD T46137V746LARG CAP GRO ETF1,090$128.1K<0.1%00.0%Unchanged–
SANASana Biotechnology, Inc.COM50,000$136.5K<0.1%00.0%UnchangedHistory
Goldman Sachs ETF Tr381430503ACTIVEBETA US LG1,145$139.0K<0.1%00.0%Unchanged–
Invesco Exchange Traded FD T46137V357S&P500 EQL WGT797$144.8K<0.1%00.0%Unchanged–
WBDWarner Bros. Discovery, Inc.Stock13,000$149.0K<0.1%−1,496−10.3%ReducedHistory
iShares Tr464287234MSCI EMG MKT ETF3,150$152.0K<0.1%+430+15.8%Added–
TCW ETF Trust29287L809SENIOR LOAN ETF3,478$163.5K<0.1%−1,372−28.3%Reduced–
iShares U.S. Healthcare Providers ETF464288828ETF3,430$166.9K<0.1%00.0%Unchanged–
iShares Russell Mid-Cap Value ETF464287473ETF1,291$170.6K<0.1%00.0%Unchanged–
Vanguard Admiral FDS Inc921932828SMLLCP 600 IDX1,740$176.1K<0.1%00.0%Unchanged–
Vanguard Wellington FD921935870SHORT TRM TAX EX2,001$202.0K<0.1%+2,001New–
iShares Tr464288877EAFE VALUE ETF3,241$205.7K<0.1%00.0%Unchanged–
NVSNovartis AGADR1,726$208.9K<0.1%+1,726NewHistory
IDXXIDEXX Laboratories IncCOM401$215.1K<0.1%+401NewHistory
AZOAutoZone IncCOM58$215.3K<0.1%−6−9.4%ReducedHistory
Vanguard Admiral FDS Inc921932885MIDCP 400 IDX2,058$216.0K<0.1%00.0%Unchanged–
VRSKVerisk Analytics, Inc.COM700$218.1K<0.1%00.0%UnchangedHistory
Vanguard Health Care ETF92204A504ETF895$222.3K<0.1%00.0%Unchanged–
iShares Tr464288687PFD AND INCM SEC7,316$224.5K<0.1%−2,769−27.5%Reduced–
iShares Esg Aware US Aggregate Bond ETF46435U549ETF4,770$226.8K<0.1%00.0%Unchanged–
ORCLOracle CorpStock1,040$227.4K<0.1%+1,040NewHistory
MCDMcDonalds CorpStock796$232.6K<0.1%−54−6.4%ReducedHistory
Vanguard World FD921910816MEGA GRWTH IND640$234.3K<0.1%00.0%Unchanged–
AMATApplied Materials IncStock1,300$238.0K<0.1%−927−41.6%ReducedHistory
iShares Select Dividend ETF464287168ETF1,808$240.1K<0.1%−30−1.6%Reduced–
KOCoca Cola CoStock3,403$240.8K<0.1%−440−11.4%ReducedHistory
FASTFastenal CoStock5,764$242.1K<0.1%00.0%UnchangedConverted for a 2-for-1 splitHistory
CATCaterpillar IncStock629$244.1K<0.1%−444−41.4%ReducedHistory
State Street Industrial Select Sector SPDR ETF81369Y704ETF1,711$252.4K<0.1%00.0%Unchanged–
LOWLowes Companies IncStock1,139$252.7K<0.1%−324−22.1%ReducedHistory
SHOPShopify Inc.Stock2,218$255.8K<0.1%−18,700−89.4%ReducedHistory
TJXTJX Companies IncStock2,112$260.8K<0.1%−3,742−63.9%ReducedHistory
BXBlackstone Inc.COM1,769$264.6K<0.1%−369−17.3%ReducedHistory
TTDTrade Desk, Inc.Stock3,683$265.1K<0.1%−34,942−90.5%ReducedHistory
Vanguard Real Estate ETF922908553ETF2,986$265.9K<0.1%+14+0.5%Added–
State Street Financial Select Sector SPDR ETF81369Y605ETF5,178$271.2K<0.1%−5,437−51.2%Reduced–
SLViShares Silver TrustETF8,406$275.8K<0.1%−12,401−59.6%ReducedHistory

Sold out since Q1 2025 (92)

Positions held at the end of Q1 2025 that are gone from this filing.

Positions of Bristlecone Advisors, LLC sold out since Q1 2025
SecurityClassShares in Q1 2025Value in Q1 2025% of portfolio in Q1 2025History
TSNTyson Foods, Inc.Stock32,276$2.06M0.2%History
BXPBXP, Inc.COM23,447$1.58M0.1%History
YELPYelp IncCL A40,325$1.49M0.1%History
NOWServiceNow, Inc.Stock1,802$1.43M0.1%History
SFMSprouts Farmers Market, Inc.COM9,031$1.38M0.1%History
SUISun Communities IncCOM9,181$1.18M0.1%History
ETSYEtsy IncCOM24,723$1.17M0.1%History
EPAMEPAM Systems, Inc.COM6,862$1.16M0.1%History
VRTXVertex Pharmaceuticals IncStock2,250$1.09M0.1%History
HTGCHercules Capital, Inc.COM55,845$1.07M0.1%History
CCitigroup IncStock13,895$986.4K0.1%History
ZSZscaler, Inc.Stock4,884$969.1K0.1%History
LYBLyondellBasell Industries N.V.SHS - A -13,184$928.2K0.1%History
LADLithia Motors IncCOM3,103$910.9K0.1%History
LULUlululemon athletica inc.Stock3,111$880.6K0.1%History
OKEONEOK IncCOM8,366$830.1K0.1%History
UPWKUpwork, IncCOM62,405$814.4K0.1%History
BSMBlack Stone Minerals, L.P.COM UNIT49,347$753.5K0.1%History
CVSCVS Health CorpStock10,488$710.6K0.1%History
OKTAOkta, Inc.CL A6,644$699.1K0.1%History
KMBKimberly Clark CorpStock4,751$675.7K0.1%History
UPSTUpstart Holdings, Inc.COM14,520$668.4K0.1%History
BHPBHP Group LtdADR13,419$651.4K0.1%History
SPDR Index Shs FDS78463X848ST STR ACWI ETF21,298$630.0K0.1%–
TSMTaiwan Semiconductor Manufacturing Co LtdADR3,483$578.2K<0.1%History
SPDR Series Trust78468R721STATE STREET SPD11,895$536.1K<0.1%–
MNSTMonster Beverage CorpCOM9,115$533.4K<0.1%History
Vanguard Scottsdale FDS92206C573TOTAL CORP BND6,929$532.1K<0.1%–
SIVRabrdn Silver ETF TrustPHYSCL SILVR SHS16,088$523.0K<0.1%History
NVRNVR IncCOM69$499.9K<0.1%History
EXPEExpedia Group, Inc.Stock2,971$499.4K<0.1%History
Invesco Exch Traded FD Tr II46138E511PFD ETF44,180$495.7K<0.1%–
CROXCrocs, Inc.COM4,462$473.9K<0.1%History
LMNDLemonade, Inc.Stock14,577$458.2K<0.1%History
MOAltria Group, Inc.Stock7,538$452.4K<0.1%History
KMIKinder Morgan, Inc.Stock15,394$439.2K<0.1%History
DOCUDocuSign, Inc.Stock5,132$417.7K<0.1%History
HPQHP IncStock15,075$417.4K<0.1%History
EPDEnterprise Products Partners L.P.Stock11,747$401.0K<0.1%History
WFCWells Fargo & CompanyStock5,464$392.3K<0.1%History
TPGTPG Inc.COM CL A7,970$378.0K<0.1%History
AVGOBroadcom Inc.Stock2,091$350.1K<0.1%History
BIPBrookfield Infrastructure Partners L.P.LP INT UNIT11,439$340.8K<0.1%History
AVBAvalonbay Communities IncCOM1,531$328.6K<0.1%History
TAT&T Inc.Stock10,037$283.8K<0.1%History
PGRProgressive CorpStock981$277.6K<0.1%History
TMOThermo Fisher Scientific Inc.Stock556$276.7K<0.1%History
ASMLASML Holding NVADR411$272.3K<0.1%History
GEGeneral Electric CoStock1,322$264.6K<0.1%History
PHMPultegroup IncCOM2,479$254.8K<0.1%History
NNNNNN REIT, Inc.REIT5,951$253.8K<0.1%History
iShares MSCI Eafe Min Vol Factor ETF46429B689ETF3,215$250.5K<0.1%–
TFCTruist Financial CorpCOM6,067$249.7K<0.1%History
Vanguard World FD921910709EXTENDED DUR3,179$226.1K<0.1%–
First Trust Dow Jones Internet Index Fund33733E302ETF1,008$223.9K<0.1%–
CMICummins IncStock703$220.3K<0.1%History
MMM3M CoStock1,409$206.9K<0.1%History
TSCOTractor Supply CoCOM3,700$203.9K<0.1%History
PAYXPaychex IncStock1,317$203.2K<0.1%History
SPDR Series Trust78464A607ST STR DOW REIT1,762$174.7K<0.1%–
SPDR Series Trust78468R556SP O&G EXPL PRO1,250$164.6K<0.1%–
Vanguard Communication Services ETF92204A884ETF1,107$164.3K<0.1%–
Invesco Exch Traded FD Tr II46138E354S&P500 LOW VOL1,529$114.2K<0.1%–
Invesco Exch Traded FD Tr II46138E206CALIF AMT MUN4,225$100.8K<0.1%–
State Street Real Estate Select Sector SPDR ETF81369Y860ETF2,265$94.8K<0.1%–
LONALeonaBio, Inc.COM252,200$71.9K<0.1%History
Vanguard Energy ETF92204A306ETF500$64.9K<0.1%–
iShares Tr464287341GLOBAL ENERG ETF1,400$58.9K<0.1%–
Dimensional ETF Trust25434V401US EQUI MARK ETF929$56.2K<0.1%–
Vanguard Total World Stock ETF922042742ETF291$33.7K<0.1%–
Invesco Exch Traded FD Tr II46138E727RAFI EMRGNG MRKT898$19.5K<0.1%–
iShares Broad Usd Investment Grade Corporate Bond ETF464288620ETF314$16.0K<0.1%–
Invesco Exch Traded FD Tr II46138E651GLOBAL WATER400$16.0K<0.1%–
Vanguard Mortgage-Backed Securities ETF92206C771ETF344$15.9K<0.1%–
Invesco Rafi Developed Markets Ex-U.S. Small-Mid ETF46138E735ETF468$15.7K<0.1%–
Invesco Exch Traded FD Tr II46138E743RAFI DVLPD MRKTS237$12.3K<0.1%–
iShares Tr4642874571 3 YR TREAS BD146$12.1K<0.1%–
Vanguard Materials ETF92204A801ETF54$10.2K<0.1%–
SPDR Series Trust78464A789ST STR SP INS152$9.20K<0.1%–
Schwab Strategic Tr808524862SHT TM US TRES338$8.23K<0.1%–
iShares Tr46429B655FLTG RATE NT ETF141$7.20K<0.1%–
iShares Tr464288646ISHS 1-5YR INVS128$6.70K<0.1%–
iShares Tr464288513IBOXX HI YD ETF84$6.63K<0.1%–
iShares Core Dividend Growth ETF46434V621ETF91$5.62K<0.1%–
Invesco Exch Traded FD Tr II46138E719BLOO EN ANGE ETF300$5.42K<0.1%–
Vanguard Scottsdale FDS92206C664VNG RUS2000IDX64$5.16K<0.1%–
SPDR Series Trust78464A664ST LON TREAS ETF185$5.04K<0.1%–
Vanguard Morningstar Mid-Cap Value ETF922908512ETF28$4.50K<0.1%–
iShares Inc46434G822MSCI JAPAN ETF58$3.98K<0.1%–
iShares U.S. Treasury Bond ETF46429B267ETF115$2.64K<0.1%–
iShares Tr464288166AGENCY BOND ETF24$2.63K<0.1%–
iShares Inc46434G764MSCI EMRG CHN33$1.82K<0.1%–