Bristlecone Advisors, LLC
Filing Date
Global Rank
#2,021
/ 8,113
▼ 84
· as of Sep 2025
Top Industry
Software - Infrastructure
23.6%
Period ended 1 year ago
Filed Oct 24, 2025 · 1y
23 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Unknown
Portfolio style
Measured from the filed 13F common-share book for Sep 30, 2025, never from the firm's own description.
Style
Diversified active
Top 10 weight 58.9%, 16.7 effective positions, active share 58.3% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
9.0% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 21.1 quarters (12+), a floor since 77.6% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 58.3%; sector active share 41.2% against the combined 13F book's sector weights.
Over time 23 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
230 tracked positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025Top Position
18.2%
+1.5 pts
Top 5
42.7%
−1.6 pts
Top 10
58.9%
−1.2 pts
HHI
599
Diversified−16
Portfolio Trend
23 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 53.4% | $631,386,471 |
| Technology | 20.9% | $247,443,661 |
| Financial Services | 5.8% | $68,730,110 |
| Consumer Cyclical | 4.9% | $58,071,422 |
| Communication Services | 4.6% | $54,255,127 |
| Consumer Defensive | 2.9% | $34,575,789 |
| Healthcare | 2.7% | $32,114,484 |
| Industrials | 2.2% | $26,403,515 |
| Energy | 0.8% | $9,854,517 |
| Basic Materials | 0.8% | $9,413,065 |
| Real Estate | 0.4% | $5,006,067 |
| Utilities | 0.4% | $4,307,396 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| JPST | JPMorgan Ultra-Short Income ETF | +68,562 | 344,989 | $17,501,291 | |
| BND | VANGUARD TOTAL BOND MARKET INDEX FUND | +59,381 | 303,262 | $22,553,594 | |
| SPDW | State Street(R) SPDR(R) Portfolio Developed World ex-US ETF | +23,812 | 976,872 | $41,800,352 | |
| DBND | DoubleLine Opportunistic Core Bond ETF | +21,993 | 74,663 | $3,474,069 | |
| GCOR | Goldman Sachs Access U.S. Aggregate Bond ETF | +18,760 | 156,815 | $6,551,730 | |
| GSST | Goldman Sachs Ultra Short Bond ETF | +10,422 | 156,676 | $7,943,473 | |
| MBB | iShares MBS ETF | +8,592 | 40,475 | $3,851,196 | |
| IJR | iShares Core S&P Small-Cap ETF | +7,996 | 163,270 | $19,401,374 | |
| SGOV | iShares 0-3 Month Treasury Bond ETF | +7,559 | 12,703 | $1,279,192 | |
| SPYG | State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF | +7,050 | 81,587 | $8,526,657 | |
| IJH | iShares Core S&P Mid-Cap ETF | +6,737 | 498,272 | $32,517,230 | |
| GIGB | Goldman Sachs Access Investment Grade Corporate Bond ETF | +6,106 | 55,139 | $2,574,439 | |
| VWO | VANGUARD EMERGING MARKETS STOCK INDEX FUND | +5,018 | 156,532 | $8,480,903 | |
| VEA | Vanguard FTSE Developed Markets ETF | +4,354 | 264,824 | $15,868,254 | |
| IVV | iShares Core S&P 500 ETF | +3,560 | 100,119 | $67,009,646 | |
| IUSG | iShares Core S&P U.S. Growth ETF | +3,386 | 3,756 | $618,012 | |
| DLN | WisdomTree U.S. LargeCap Dividend Fund | +3,161 | 227,025 | $19,757,985 | |
| SLYG | State Street(R) SPDR(R) S & P 600(TM) Small Cap Growth ETF | +3,102 | 41,199 | $3,885,477 | |
| ORCL | Oracle Corp | +2,632 | 3,672 | $1,032,713 | |
| ICSH | iShares Ultra Short Duration Bond Active ETF | +2,369 | 20,699 | $1,050,474 | |
| IEMG | iShares Trust | +2,345 | 45,404 | $0 | |
| JMST | JPMorgan Ultra-Short Municipal Income ETF | +2,320 | 45,417 | $2,318,083 | |
| ABBV | AbbVie Inc. | +2,033 | 3,540 | $819,651 | |
| DLS | WisdomTree International SmallCap Dividend Fund | +2,022 | 23,899 | $1,900,209 | |
| VXUS | Vanguard Total International Stock ETF | +1,837 | 34,533 | $2,536,794 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| MSFT | Microsoft Corp | −89,864 | 226,320 | $117,222,444 | |
| USFR | WisdomTree Floating Rate Treasury Fund | −55,371 | 113,306 | $5,695,892 | |
| SCHF | Schwab International Equity ETF | −36,930 | 565,337 | $13,161,045 | |
| VTI | VANGUARD TOTAL STOCK MARKET INDEX FUND | −35,160 | 2,984 | $979,259 | |
| AMZN | Amazon Com Inc | −35,109 | 122,211 | $26,833,869 | |
| SPAB | State Street(R) SPDR(R) Portfolio Aggregate Bond ETF | −27,240 | 877,707 | $22,688,725 | |
| PFE | Pfizer Inc | −26,177 | 49,316 | $1,256,571 | |
| AAPL | Apple Inc. | −20,962 | 177,528 | $45,203,954 | |
| WY | Weyerhaeuser Co | −13,708 | 42,796 | $1,060,912 | |
| DES | WisdomTree U.S. SmallCap Dividend Fund | −12,850 | 6,278 | $211,443 | |
| INTC | Intel Corp | −11,753 | 37,995 | $1,274,732 | |
| NKE | NIKE, Inc. | −10,095 | 70,520 | $4,917,359 | |
| NVO | Novo Nordisk A S | −8,385 | 6,875 | $381,493 | |
| VGT | VANGUARD INFORMATION TECHNOLOGY INDEX FUND | −8,168 | 4,636 | $3,461,378 | |
| TTEK | Tetra Tech Inc | −7,907 | 54,506 | $1,819,410 | |
| CMCSA | Comcast Corp | −7,797 | 44,143 | $1,386,970 | |
| PYPL | PayPal Holdings, Inc. | −7,166 | 19,821 | $1,329,196 | |
| SCHX | Schwab U.S. Large-Cap ETF | −6,837 | 1,226,756 | $32,312,753 | |
| VTEB | VANGUARD TAX-EXEMPT BOND INDEX FUND | −6,803 | 87,473 | $4,379,773 | |
| ALB | Albemarle Corp | −6,526 | 6,371 | $516,560 | |
| AGG | iShares Core U.S. Aggregate Bond ETF | −4,216 | 385,520 | $38,648,380 | |
| UPS | United Parcel Service Inc | −4,056 | 17,313 | $1,446,154 | |
| UBER | Uber Technologies, Inc | −3,480 | 26,597 | $2,605,708 | |
| MUB | iShares National Muni Bond ETF | −3,225 | 6,206 | $660,876 | |
| GBIL | Goldman Sachs ETF Trust | −3,165 | 12,204 | $1,223,206 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
19 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SPMB | State Street(R) SPDR(R) Portfolio Mortgage Backed Bond ETF | 44,967 | $1,009,059 | |
| USIG | iShares Broad USD Investment Grade Corporate Bond ETF | 17,287 | $902,727 | |
| GOVT | iShares U.S. Treasury Bond ETF | 36,600 | $846,192 | |
| PULS | PGIM Ultra Short Bond ETF | 13,694 | $682,372 | |
| BNDW | Vanguard Scottsdale Funds | 9,068 | $631,676 | |
| AVGO | Broadcom Inc. | 1,828 | $603,075 | |
| VMBS | VANGUARD MORTGAGE-BACKED SECURITIES INDEX FUND | 12,583 | $590,897 | |
| BNDX | Vanguard Total International Bond ETF | 8,425 | $416,700 | |
| TMO | Thermo Fisher Scientific Inc. | 694 | $336,603 | |
| BMNR | Bitmine Immersion Technologies, Inc. | 6,200 | $321,966 | |
| COWZ | Pacer US Cash Cows 100 ETF | 5,125 | $294,533 | |
| ETHA | iShares Ethereum Trust ETF | 9,000 | $283,589 | |
| RKLB | Rocket Lab Corp | 5,200 | $249,132 | |
| PHM | Pultegroup Inc | 1,792 | $236,776 | |
| FNV | FRANCO NEVADA Corp | 1,000 | $222,910 | |
| TSCO | Tractor Supply Co | 3,700 | $210,419 | |
| GE | General Electric Co | 698 | $209,972 | |
| PH | Parker-Hannifin Corp | 267 | $202,426 | |
| RGLD | Royal Gold Inc | 1,000 | $200,580 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| FTNT | Fortinet, Inc. | 76,451 | $8,082,399 | |
| RTX | RTX Corp | 25,777 | $3,763,957 | |
| BRK-A | Berkshire Hathaway Inc | 1 | $728,800 | |
| VBR | VANGUARD SMALL-CAP VALUE INDEX FUND | 2,151 | $419,466 | |
| DG | Dollar General Corp | 3,512 | $401,702 | |
| MU | Micron Technology Inc | 3,175 | $391,318 | |
| GLDM | World Gold Trust | 5,400 | $353,808 | |
| VOT | VANGUARD MID-CAP GROWTH INDEX FUND | 1,100 | $312,829 | |
| TTD | Trade Desk, Inc. | 3,683 | $265,139 | |
| PFF | iShares Preferred and Income Securities ETF | 7,316 | $224,454 | |
| VRSK | Verisk Analytics, Inc. | 700 | $218,050 | |
| EFV | iShares MSCI EAFE Value ETF | 3,241 | $205,738 | |
| VIOO | VANGUARD S&P SMALL-CAP 600 INDEX FUND | 1,740 | $176,140 | |
| IWS | iShares Russell Mid-Cap Value ETF | 1,291 | $170,592 | |
| IHF | iShares U.S. Healthcare Providers ETF | 3,430 | $166,869 | |
| SLNZ | 3,478 | $163,500 | ||
| RSP | Victory Portfolios II | 797 | $144,846 | |
| GSLC | Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF | 1,145 | $138,980 | |
| SANA | Sana Biotechnology, Inc. | 50,000 | $136,500 | |
| PWB | Victory Portfolios II | 1,090 | $128,009 | |
| SCZ | iShares MSCI EAFE Small-Cap ETF | 1,593 | $115,779 | |
| PEY | Victory Portfolios II | 5,405 | $110,316 | |
| SDY | State Street(R) SPDR(R) S&P(R) Dividend ETF | 768 | $104,240 | |
| BIV | Vanguard Bond Index Funds | 1,307 | $101,083 | |
| — | 786 | $99,436 | ||
| No positions match the current search. | ||||
230 tracked positions ·
$1,181,561,624 total
· filing declares
233 positions · $1,196,515,645
· as of Sep 30, 2025
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 230 positions by value
· page 1 of 5
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| MSFT |
Microsoft Corp
Technology
|
Reduced | 226,320 | $117,222,444 | 9.92% | |
| IVV |
iShares Core S&P 500 ETF
|
Added | 100,119 | $67,009,646 | 5.67% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 259,999 | $48,510,613 | 4.11% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 177,528 | $45,203,954 | 3.83% | |
| SPDW |
State Street(R) SPDR(R) Portfolio Developed World ex-US ETF
|
Added | 976,872 | $41,800,352 | 3.54% | |
| AGG |
iShares Core U.S. Aggregate Bond ETF
|
Reduced | 385,520 | $38,648,380 | 3.27% | |
| IJH |
iShares Core S&P Mid-Cap ETF
|
Added | 498,272 | $32,517,230 | 2.75% | |
| SCHX |
Schwab U.S. Large-Cap ETF
|
Reduced | 1,226,756 | $32,312,753 | 2.73% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 122,211 | $26,833,869 | 2.27% | |
| VV |
VANGUARD LARGE-CAP INDEX FUND
|
Added | 83,711 | $25,771,268 | 2.18% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 104,082 | $25,302,334 | 2.14% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Reduced | 26,551 | $24,576,402 | 2.08% | |
| SPAB |
State Street(R) SPDR(R) Portfolio Aggregate Bond ETF
|
Reduced | 877,707 | $22,688,725 | 1.92% | |
| BND |
VANGUARD TOTAL BOND MARKET INDEX FUND
|
Added | 303,262 | $22,553,594 | 1.91% | |
| XLK |
State Street(R) Technology Select Sector SPDR(R) ETF
|
Added | 77,031 | $21,711,957 | 1.84% | |
| AJG |
Arthur J. Gallagher & Co.
Financial Services
|
Held | 67,794 | $20,998,513 | 1.78% | |
| DLN |
WisdomTree U.S. LargeCap Dividend Fund
|
Added | 227,025 | $19,757,985 | 1.67% | |
| IJR |
iShares Core S&P Small-Cap ETF
|
Added | 163,270 | $19,401,374 | 1.64% | |
| JPST |
JPMorgan Ultra-Short Income ETF
|
Added | 344,989 | $17,501,291 | 1.48% | |
| VB |
Vanguard Index Funds
|
Added | 64,155 | $16,313,333 | 1.38% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 23,981 | $15,975,662 | 1.35% | |
| VUG |
VANGUARD GROWTH INDEX FUND
|
Added | 33,251 | $15,947,512 | 1.35% | |
| VEA |
Vanguard FTSE Developed Markets ETF
|
Added | 264,824 | $15,868,254 | 1.34% | |
| IWR |
iShares Russell Mid-Cap ETF
|
Added | 163,187 | $15,755,704 | 1.33% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 19,799 | $14,539,989 | 1.23% | |
| SCHF |
Schwab International Equity ETF
|
Reduced | 565,337 | $13,161,045 | 1.11% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
Reduced | 61,746 | $11,263,705 | 0.95% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 34,386 | $10,846,375 | 0.92% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 19,841 | $9,974,864 | 0.84% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Reduced | 21,823 | $9,705,124 | 0.82% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Reduced | 15,558 | $9,340,556 | 0.79% | |
| SPYG |
State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF
|
Added | 81,587 | $8,526,657 | 0.72% | |
| VWO |
VANGUARD EMERGING MARKETS STOCK INDEX FUND
|
Added | 156,532 | $8,480,903 | 0.72% | |
| GSST |
Goldman Sachs Ultra Short Bond ETF
|
Added | 156,676 | $7,943,473 | 0.67% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 21,983 | $7,504,556 | 0.64% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 39,236 | $7,275,139 | 0.62% | |
| VO |
VANGUARD MID-CAP INDEX FUND
|
Reduced | 24,476 | $7,189,580 | 0.61% | |
| EFA |
iShares MSCI EAFE ETF
|
Added | 74,292 | $6,936,644 | 0.59% | |
| NFLX |
Netflix Inc
Communication Services
|
Added | 5,650 | $6,773,898 | 0.57% | |
| GCOR |
Goldman Sachs Access U.S. Aggregate Bond ETF
|
Added | 156,815 | $6,551,730 | 0.55% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 16,048 | $6,502,489 | 0.55% | |
| USFR |
WisdomTree Floating Rate Treasury Fund
|
Reduced | 113,306 | $5,695,892 | 0.48% | |
| TRV |
Travelers Companies, Inc.
Financial Services
|
Reduced | 19,177 | $5,354,601 | 0.45% | |
| LRCX |
Lam Research Corp
Technology
|
Reduced | 39,304 | $5,262,805 | 0.45% | |
| SOXX |
iShares Semiconductor ETF
|
Reduced | 19,213 | $5,209,028 | 0.44% | |
| ITA |
iShares U.S. Aerospace & Defense ETF
|
Reduced | 23,560 | $4,930,165 | 0.42% | |
| NKE |
NIKE, Inc.
Consumer Cyclical
|
Reduced | 70,520 | $4,917,359 | 0.42% | |
| SPEM |
State Street(R) SPDR(R) Portfolio Emerging Markets ETF
|
Added | 103,638 | $4,851,294 | 0.41% | |
| AMGN |
Amgen Inc
Healthcare
|
Reduced | 16,673 | $4,705,120 | 0.40% | |
| BLK |
BlackRock, Inc.
Financial Services
|
Reduced | 4,008 | $4,672,806 | 0.40% |
Showing the top 50 of 230 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.