# Spurstone Advisory Services, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2056079. Source: https://holderbook.com/funds/2056079-spurstone-advisory-services-llc/

- Reported value: $7.3M
- Positions: 99
- Weight of the ten largest: 77.0%
- Filed: 2026-08-10

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.5M | 4,954 | 19.9% | 7 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $774.4K | 4,038 | 10.6% | 6 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $590.6K | 792 | 8.1% | 7 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $476.6K | 1,212 | 6.5% | 5 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $463.1K | 3,398 | 6.3% | 7 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $422.4K | 1,200 | 5.8% | 5 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $397.4K | 2,500 | 5.4% | 7 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $372.5K | 482 | 5.1% | 7 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $348.6K | 3,182 | 4.8% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $334.7K | 2,020 | 4.6% | 7 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $199.4K | 596 | 2.7% | 7 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $175.4K | 7,344 | 2.4% | 7 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $99.1K | 100 | 1.4% | 1 |
| LUMEN TECHNOLOGIES INC | [LUMN](https://holderbook.com/stocks/LUMN/) | $89.2K | 12,470 | 1.2% | 1 |
| WEBSTER FINL CORP | [WBS](https://holderbook.com/stocks/WBS/) | $84.6K | 1,104 | 1.2% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $64.3K | 266 | 0.9% | 5 |
| ROYAL CARIBBEAN GROUP | [RCL](https://holderbook.com/stocks/RCL/) | $61.3K | 200 | 0.8% | 7 |
| PINNACLE FINL PARTNERS INC | [PNFP](https://holderbook.com/stocks/PNFP/) | $59.0K | 585 | 0.8% | 2 |
| SENTINELONE INC | [S](https://holderbook.com/stocks/S/) | $58.0K | 3,300 | 0.8% | 1 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $55.7K | 306 | 0.8% | 7 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $54.4K | 200 | 0.7% | 1 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $53.9K | 1,585 | 0.7% | 2 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $53.9K | 3,950 | 0.7% | 7 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $46.9K | 374 | 0.6% | 7 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $45.5K | 780 | 0.6% | 7 |
| NOBLE CORP PLC | [NE](https://holderbook.com/stocks/NE/) | $44.5K | 1,200 | 0.6% | 1 |
| HARTFORD INSURANCE GROUP INC | [HIG](https://holderbook.com/stocks/HIG/) | $40.2K | 300 | 0.5% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $32.5K | 90 | 0.4% | 1 |
| LYFT INC | [LYFT](https://holderbook.com/stocks/LYFT/) | $29.3K | 1,975 | 0.4% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $27.7K | 140 | 0.4% | 5 |
| HOWARD HUGHES HOLDINGS INC | [HHH](https://holderbook.com/stocks/HHH/) | $25.4K | 350 | 0.3% | 1 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $21.1K | 76 | 0.3% | 1 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $18.6K | 138 | 0.3% | 7 |
| JOBY AVIATION INC | [JOBY](https://holderbook.com/stocks/JOBY/) | $17.7K | 2,000 | 0.2% | 1 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $17.0K | 40 | 0.2% | 1 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $16.3K | 225 | 0.2% | 5 |
| QUANTUMSCAPE CORP | [QS](https://holderbook.com/stocks/QS/) | $14.8K | 1,950 | 0.2% | 7 |
| VIATRIS INC | [VTRS](https://holderbook.com/stocks/VTRS/) | $14.7K | 911 | 0.2% | 7 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $14.3K | 200 | 0.2% | 1 |
| WENDYS CO | [WEN](https://holderbook.com/stocks/WEN/) | $13.4K | 1,500 | 0.2% | 1 |
| MP MATERIALS CORP | [MP](https://holderbook.com/stocks/MP/) | $10.9K | 200 | 0.1% | 1 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $9.9K | 138 | 0.1% | 4 |
| ARCHER AVIATION INC | [ACHR](https://holderbook.com/stocks/ACHR/) | $9.8K | 2,000 | 0.1% | 1 |
| CRANE COMPANY | [CR](https://holderbook.com/stocks/CR/) | $8.8K | 40 | 0.1% | 7 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $7.1K | 141 | 0.1% | 7 |
| SUPER MICRO COMPUTER INC | [SMCI](https://holderbook.com/stocks/SMCI/) | $6.9K | 250 | 0.1% | 1 |
| KRAFT HEINZ CO | [KHC](https://holderbook.com/stocks/KHC/) | $6.3K | 250 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $6.1K | 28 | 0.1% | 7 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $5.9K | 55 | 0.1% | 7 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $5.0K | 146 | 0.1% | 7 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $4.8K | 68 | 0.1% | 4 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $4.5K | 6 | 0.1% | 6 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $4.4K | 25 | 0.1% | 7 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $4.3K | 86 | 0.1% | 1 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $3.7K | 31 | 0.1% | 6 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $3.1K | 36 | 0.0% | 1 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $2.9K | 30 | 0.0% | 7 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $2.4K | 40 | 0.0% | 6 |
| SPDR SERIES TRUST | [HYMB](https://holderbook.com/stocks/HYMB/) | $2.2K | 85 | 0.0% | 7 |
| CRANE NXT CO | [CXT](https://holderbook.com/stocks/CXT/) | $2.1K | 40 | 0.0% | 7 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $1.9K | 17 | 0.0% | 6 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $1.6K | 20 | 0.0% | 7 |
| XERIS BIOPHARMA HOLDINGS INC | [XERS](https://holderbook.com/stocks/XERS/) | $1.6K | 200 | 0.0% | 7 |
| WISDOMTREE TR | [DON](https://holderbook.com/stocks/DON/) | $1.5K | 26 | 0.0% | 6 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $1.2K | 5 | 0.0% | 7 |
| VANECK ETF TRUST | [HYD](https://holderbook.com/stocks/HYD/) | $1.1K | 21 | 0.0% | 1 |
| SPDR SERIES TRUST | [MDYG](https://holderbook.com/stocks/MDYG/) | $997 | 9 | 0.0% | 6 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $936 | 8 | 0.0% | 6 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $898 | 3 | 0.0% | 7 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $746 | 6 | 0.0% | 6 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $725 | 2 | 0.0% | 7 |
| SPDR SERIES TRUST | [SPTS](https://holderbook.com/stocks/SPTS/) | $694 | 24 | 0.0% | 6 |
| ISHARES TR | [ILTB](https://holderbook.com/stocks/ILTB/) | $684 | 14 | 0.0% | 6 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $655 | 13 | 0.0% | 6 |
| AMERICAN CENTY ETF TR | [AVIG](https://holderbook.com/stocks/AVIG/) | $620 | 15 | 0.0% | 6 |
| ISHARES TR | [IDEV](https://holderbook.com/stocks/IDEV/) | $620 | 7 | 0.0% | 1 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $576 | 6 | 0.0% | 7 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $564 | 11 | 0.0% | 1 |
| WISDOMTREE TR | [USFR](https://holderbook.com/stocks/USFR/) | $554 | 11 | 0.0% | 6 |
| FIRST TR EXCHNG TRADED FD VI | [FIXD](https://holderbook.com/stocks/FIXD/) | $522 | 12 | 0.0% | 6 |
| ORGANON & CO | [OGN](https://holderbook.com/stocks/OGN/) | $501 | 37 | 0.0% | 7 |
| SPDR SERIES TRUST | [SLYG](https://holderbook.com/stocks/SLYG/) | $473 | 4 | 0.0% | 6 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $447 | 13 | 0.0% | 1 |
| WISDOMTREE TR | [AGGY](https://holderbook.com/stocks/AGGY/) | $434 | 10 | 0.0% | 6 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $422 | 6 | 0.0% | 1 |
| VANECK ETF TRUST | [EMLC](https://holderbook.com/stocks/EMLC/) | $406 | 16 | 0.0% | 7 |
| FIRST TR EXCHANGE-TRADED FD | [LMBS](https://holderbook.com/stocks/LMBS/) | $397 | 8 | 0.0% | 6 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $388 | 4 | 0.0% | 1 |
| SERIES PORTFOLIOS TR | [CLOZ](https://holderbook.com/stocks/CLOZ/) | $370 | 14 | 0.0% | 6 |
| SERIES PORTFOLIOS TR | [CLOX](https://holderbook.com/stocks/CLOX/) | $333 | 13 | 0.0% | 6 |
| SPDR SERIES TRUST | [EBND](https://holderbook.com/stocks/EBND/) | $332 | 16 | 0.0% | 1 |
| ISHARES TR | [EFAV](https://holderbook.com/stocks/EFAV/) | $262 | 3 | 0.0% | 1 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $222 | 1 | 0.0% | 1 |
| FIRST TR EXCHANGE-TRADED FD | [KNG](https://holderbook.com/stocks/KNG/) | $203 | 4 | 0.0% | 6 |
| SPDR SERIES TRUST | [SPMB](https://holderbook.com/stocks/SPMB/) | $177 | 8 | 0.0% | 6 |
| VANGUARD WHITEHALL FDS | [VWOB](https://holderbook.com/stocks/VWOB/) | $134 | 2 | 0.0% | 1 |
| SSGA ACTIVE TR | [HYBL](https://holderbook.com/stocks/HYBL/) | $111 | 4 | 0.0% | 6 |
| ISHARES TR | [CMBS](https://holderbook.com/stocks/CMBS/) | $97 | 2 | 0.0% | 6 |
| INVESCO EXCH TRADED FD TR II | [IDLV](https://holderbook.com/stocks/IDLV/) | $34 | 1 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +8.6% | +14.8% | -6.2% | 100% |
| Q1 2026 | +2.9% | -4.6% | +7.6% | 100% |
| Q4 2025 | +3.9% | +2.4% | +1.6% | 100% |
| Q3 2025 | +7.4% | +7.8% | -0.5% | 100% |
| Q2 2025 | +0.9% | +10.5% | -9.6% | 100% |
| Q1 2025 | -1.5% | -4.6% | +3.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $7.3M | 99 |
| Q1 2026 | $5.8M | 76 |
| Q4 2025 | $6.4M | 97 |
| Q3 2025 | $7.0M | 115 |
| Q2 2025 | $6.6M | 139 |
| Q1 2025 | $5.1M | 104 |
| Q4 2024 | $5.3M | 76 |