# EDGAR Filing Document

**Accession Number:** 0001747799
**File Stem:** 0001765380-26-000174
**Filing Date:** 2026-5
**Character Count:** 19396
**Document Hash:** 38cb4da51dda35045f9f4bf76432abcc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001765380-26-000174.hdr.sgml**: 20260506

**ACCESSION NUMBER**: 0001765380-26-000174

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260506

**DATE AS OF CHANGE**: 20260506

**EFFECTIVENESS DATE**: 20260506

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brio Consultants, LLC
- **CENTRAL INDEX KEY:** 0001747799

**ORGANIZATION NAME:**
- **EIN:** 800472324
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19018
- **FILM NUMBER:** 26947408

**BUSINESS ADDRESS:**
- **STREET 1:** 19 SUTTER STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94104
- **BUSINESS PHONE:** (415) 623-2450

**MAIL ADDRESS:**
- **STREET 1:** 19 SUTTER STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94104

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Brio Consultants LLC<br>**Address:** 19 SUTTER STREET<br>SAN FRANCISCO, CA 94104

**Form 13F File Number:** 028-19018

**CRD Number (if applicable):** 000289889

**SEC File Number (if applicable):** 801-111830

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Jake Zalewski<br>**Title:** Chief Compliance Officer<br>**Phone:** 415-623-2450

**Signature, Place, and Date of Signing:**

Jake Zalewski  San Francisco, CA  05-06-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 144

**Form 13F Information Table Value Total:** $767055042

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 295221 | 831 | SH |  | SOLE | 0 | 0 | 0 | 831 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2657502 | 6842 | SH |  | SOLE | 0 | 0 | 0 | 6842 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 3941808 | 10258 | SH |  | SOLE | 0 | 0 | 0 | 10258 |
| AMAZON COM INC | COM | 023135106 |  | 2570549 | 9397 | SH |  | SOLE | 0 | 0 | 0 | 9397 |
| AMERICAN CENTY ETF TR | US EQT ETF | 025072885 |  | 7425854 | 60319 | SH |  | SOLE | 0 | 0 | 0 | 60319 |
| AMERICAN CENTY ETF TR | QUALITY DIVRSFED | 025072406 |  | 461940 | 6688 | SH |  | SOLE | 0 | 0 | 0 | 6688 |
| AMERICAN CENTY ETF TR | AVANTIS EMGMKT | 025072604 |  | 871574 | 9450 | SH |  | SOLE | 0 | 0 | 0 | 9450 |
| AMERICAN CENTY ETF TR | US QUALITY GROW | 025072307 |  | 638739 | 5667 | SH |  | SOLE | 0 | 0 | 0 | 5667 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 236647 | 749 | SH |  | SOLE | 0 | 0 | 0 | 749 |
| APPLE INC | COM | 037833100 |  | 9068997 | 31913 | SH |  | SOLE | 0 | 0 | 0 | 31913 |
| APPLIED MATLS INC | COM | 038222105 |  | 220610 | 537 | SH |  | SOLE | 0 | 0 | 0 | 537 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 362173 | 251 | SH |  | SOLE | 0 | 0 | 0 | 251 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 280466 | 1332 | SH |  | SOLE | 0 | 0 | 0 | 1332 |
| BANK AMERICA CORP | COM | 060505104 |  | 378676 | 7129 | SH |  | SOLE | 0 | 0 | 0 | 7129 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 327726 | 704 | SH |  | SOLE | 0 | 0 | 0 | 704 |
| BROADCOM INC | COM | 11135F101 |  | 278639 | 652 | SH |  | SOLE | 0 | 0 | 0 | 652 |
| CATERPILLAR INC | COM | 149123101 |  | 362741 | 401 | SH |  | SOLE | 0 | 0 | 0 | 401 |
| CISCO SYS INC | COM | 17275R102 |  | 335802 | 3561 | SH |  | SOLE | 0 | 0 | 0 | 3561 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 286242 | 10818 | SH |  | SOLE | 0 | 0 | 0 | 10818 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 217318 | 1991 | SH |  | SOLE | 0 | 0 | 0 | 1991 |
| DBX ETF TR | XTKR EMGRIN MKTS | 233051192 |  | 2057694 | 48088 | SH |  | SOLE | 0 | 0 | 0 | 48088 |
| DBX ETF TR | XTRACKERS MSCI | 233051150 |  | 8384324 | 125676 | SH |  | SOLE | 0 | 0 | 0 | 125676 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 |  | 209030 | 3820 | SH |  | SOLE | 0 | 0 | 0 | 3820 |
| DISNEY WALT CO | COM | 254687106 |  | 268320 | 2670 | SH |  | SOLE | 0 | 0 | 0 | 2670 |
| ELI LILLY  CO | COM | 532457108 |  | 453342 | 458 | SH |  | SOLE | 0 | 0 | 0 | 458 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 331900 | 2143 | SH |  | SOLE | 0 | 0 | 0 | 2143 |
| FIRST TR EXCH TRADED FD III | LNG/SHT EQUITY | 33739P103 |  | 5973805 | 80858 | SH |  | SOLE | 0 | 0 | 0 | 80858 |
| FIRST TR EXCHANGE-TRADED FD | DJ INTERNT IDX | 33733E302 |  | 235629 | 880 | SH |  | SOLE | 0 | 0 | 0 | 880 |
| FLEXSHARES TR | STOXX GLOBR INF | 33939L795 |  | 2618162 | 39941 | SH |  | SOLE | 0 | 0 | 0 | 39941 |
| FLEXSHARES TR | MORNSTAR UPSTR | 33939L407 |  | 9261612 | 168240 | SH |  | SOLE | 0 | 0 | 0 | 168240 |
| FRANKLIN TEMPLETON ETF TR | SYSTMTC STYL PRE | 35473P546 |  | 587844 | 21772 | SH |  | SOLE | 0 | 0 | 0 | 21772 |
| GE VERNOVA INC | COM | 36828A101 |  | 204804 | 187 | SH |  | SOLE | 0 | 0 | 0 | 187 |
| GOLDMAN SACHS ETF TR | ULTRA SHORT BOND | 381430230 |  | 1448283 | 28713 | SH |  | SOLE | 0 | 0 | 0 | 28713 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA INT | 381430107 |  | 38499339 | 853644 | SH |  | SOLE | 0 | 0 | 0 | 853644 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 250857 | 273 | SH |  | SOLE | 0 | 0 | 0 | 273 |
| HARTFORD FDS EXCHANGE TRADED | TOTAL RTRN ETF | 41653L305 |  | 17787187 | 527184 | SH |  | SOLE | 0 | 0 | 0 | 527184 |
| HSBC HLDGS PLC | SPON ADR NEW | 404280406 |  | 212819 | 2435 | SH |  | SOLE | 0 | 0 | 0 | 2435 |
| INTEL CORP | COM | 458140100 |  | 312319 | 2888 | SH |  | SOLE | 0 | 0 | 0 | 2888 |
| INVESCO ACTIVELY MANAGED EXC | TOTAL RETURN | 46090A804 |  | 55972049 | 1193943 | SH |  | SOLE | 0 | 0 | 0 | 1193943 |
| INVESCO ACTIVELY MANAGED EXC | ACTIVE US REAL | 46090A101 |  | 692082 | 6848 | SH |  | SOLE | 0 | 0 | 0 | 6848 |
| INVESCO EXCH TRADED FD TR II | S EMRNG MKTS | 46138E297 |  | 4268592 | 147753 | SH |  | SOLE | 0 | 0 | 0 | 147753 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 487636 | 715 | SH |  | SOLE | 0 | 0 | 0 | 715 |
| ISHARES INC | MSCI EMERG MRKT | 464286533 |  | 1237025 | 17299 | SH |  | SOLE | 0 | 0 | 0 | 17299 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 817918 | 5922 | SH |  | SOLE | 0 | 0 | 0 | 5922 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 13727703 | 76375 | SH |  | SOLE | 0 | 0 | 0 | 76375 |
| ISHARES TR | NEW YORK MUN ETF | 464288323 |  | 701930 | 13130 | SH |  | SOLE | 0 | 0 | 0 | 13130 |
| ISHARES TR | ESG AWRE 1 5 YR | 46435G243 |  | 3716549 | 148841 | SH |  | SOLE | 0 | 0 | 0 | 148841 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 |  | 4962549 | 104916 | SH |  | SOLE | 0 | 0 | 0 | 104916 |
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 |  | 3934105 | 39017 | SH |  | SOLE | 0 | 0 | 0 | 39017 |
| ISHARES TR | CORE UNIVRSL USD | 46434V613 |  | 238712 | 5186 | SH |  | SOLE | 0 | 0 | 0 | 5186 |
| ISHARES TR | RUSEL 2500 ETF | 46435G268 |  | 14885352 | 173045 | SH |  | SOLE | 0 | 0 | 0 | 173045 |
| ISHARES TR | MSCI GBL SUS DEV | 46435G532 |  | 848618 | 9481 | SH |  | SOLE | 0 | 0 | 0 | 9481 |
| ISHARES TR | ESG OPTIMIZED | 464288802 |  | 751139 | 5100 | SH |  | SOLE | 0 | 0 | 0 | 5100 |
| ISHARES TR | MORNINGSTAR GRWT | 464287119 |  | 1085899 | 9746 | SH |  | SOLE | 0 | 0 | 0 | 9746 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 7691742 | 72366 | SH |  | SOLE | 0 | 0 | 0 | 72366 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 4439984 | 41585 | SH |  | SOLE | 0 | 0 | 0 | 41585 |
| ISHARES TR | USD GRN BOND ETF | 46435U440 |  | 1252439 | 26426 | SH |  | SOLE | 0 | 0 | 0 | 26426 |
| ISHARES TR | CORE 60/40 BALAN | 464289867 |  | 751758 | 11067 | SH |  | SOLE | 0 | 0 | 0 | 11067 |
| ISHARES TR | ESG MSCI KLD 400 | 464288570 |  | 8564281 | 62899 | SH |  | SOLE | 0 | 0 | 0 | 62899 |
| ISHARES TR | CORE INTL AGGR | 46435G672 |  | 17499111 | 350895 | SH |  | SOLE | 0 | 0 | 0 | 350895 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 946027 | 5969 | SH |  | SOLE | 0 | 0 | 0 | 5969 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 1309386 | 17849 | SH |  | SOLE | 0 | 0 | 0 | 17849 |
| ISHARES TR | CALIF MUN BD ETF | 464288356 |  | 11259919 | 197127 | SH |  | SOLE | 0 | 0 | 0 | 197127 |
| ISHARES TR | INTL EQTY FACTOR | 46434V274 |  | 9135496 | 223526 | SH |  | SOLE | 0 | 0 | 0 | 223526 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 8151826 | 79889 | SH |  | SOLE | 0 | 0 | 0 | 79889 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 803338 | 6111 | SH |  | SOLE | 0 | 0 | 0 | 6111 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 6306486 | 66085 | SH |  | SOLE | 0 | 0 | 0 | 66085 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 |  | 5946563 | 123219 | SH |  | SOLE | 0 | 0 | 0 | 123219 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1785069 | 14825 | SH |  | SOLE | 0 | 0 | 0 | 14825 |
| ISHARES TR | CORE S ETF | 464287200 |  | 648997 | 893 | SH |  | SOLE | 0 | 0 | 0 | 893 |
| ISHARES TR | GLB INFRASTR ETF | 464288372 |  | 1679020 | 24691 | SH |  | SOLE | 0 | 0 | 0 | 24691 |
| ISHARES TR | US INFRASTRUC | 46435U713 |  | 11714982 | 186337 | SH |  | SOLE | 0 | 0 | 0 | 186337 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 |  | 657275 | 13026 | SH |  | SOLE | 0 | 0 | 0 | 13026 |
| J P MORGAN EXCHANGE TRADED F | MUNICIPAL ETF | 46641Q647 |  | 6682492 | 132932 | SH |  | SOLE | 0 | 0 | 0 | 132932 |
| J P MORGAN EXCHANGE TRADED F | CORE PLUS BD ETF | 46641Q670 |  | 842781 | 18012 | SH |  | SOLE | 0 | 0 | 0 | 18012 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 214185 | 692 | SH |  | SOLE | 0 | 0 | 0 | 692 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 817747 | 2965 | SH |  | SOLE | 0 | 0 | 0 | 2965 |
| LLOYDS BANKING GROUP PLC | SPONSORED ADR | 539439109 |  | 96783 | 18648 | SH |  | SOLE | 0 | 0 | 0 | 18648 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 260967 | 525 | SH |  | SOLE | 0 | 0 | 0 | 525 |
| MERCK  CO INC | COM | 58933Y105 |  | 251872 | 2226 | SH |  | SOLE | 0 | 0 | 0 | 2226 |
| META PLATFORMS INC | CL A | 30303M102 |  | 870558 | 1439 | SH |  | SOLE | 0 | 0 | 0 | 1439 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 596666 | 932 | SH |  | SOLE | 0 | 0 | 0 | 932 |
| MICROSOFT CORP | COM | 594918104 |  | 1832041 | 4453 | SH |  | SOLE | 0 | 0 | 0 | 4453 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 220476 | 1165 | SH |  | SOLE | 0 | 0 | 0 | 1165 |
| NETFLIX INC. | COM | 64110L106 |  | 310779 | 3536 | SH |  | SOLE | 0 | 0 | 0 | 3536 |
| NEW YORK LIFE INVTS ACTIVE E | NYLI MACKAY CALI | 45409F777 |  | 1349087 | 62262 | SH |  | SOLE | 0 | 0 | 0 | 62262 |
| NEW YORK LIFE INVTS ACTIVE E | NYLI MACKAY MUN | 45409F827 |  | 276152 | 11383 | SH |  | SOLE | 0 | 0 | 0 | 11383 |
| NOMURA HLDGS INC | SPONSORED ADR | 65535H208 |  | 94925 | 12031 | SH |  | SOLE | 0 | 0 | 0 | 12031 |
| NUSHARES ETF TR | NUVEEN ESG SMLCP | 67092P607 |  | 1322980 | 26863 | SH |  | SOLE | 0 | 0 | 0 | 26863 |
| NUSHARES ETF TR | NUVEEN ESG INTL | 67092P805 |  | 3941434 | 103531 | SH |  | SOLE | 0 | 0 | 0 | 103531 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 4557071 | 23191 | SH |  | SOLE | 0 | 0 | 0 | 23191 |
| ORACLE CORP | COM | 68389X105 |  | 704883 | 3803 | SH |  | SOLE | 0 | 0 | 0 | 3803 |
| PACER FDS TR | US CASH COWS 100 | 69374H881 |  | 2146241 | 33714 | SH |  | SOLE | 0 | 0 | 0 | 33714 |
| PEPSICO INC | COM | 713448108 |  | 243413 | 1570 | SH |  | SOLE | 0 | 0 | 0 | 1570 |
| QUALCOMM INC | COM | 747525103 |  | 220689 | 1183 | SH |  | SOLE | 0 | 0 | 0 | 1183 |
| SALESFORCE INC | COM | 79466L302 |  | 223734 | 1197 | SH |  | SOLE | 0 | 0 | 0 | 1197 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 308339 | 3337 | SH |  | SOLE | 0 | 0 | 0 | 3337 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 6274210 | 224560 | SH |  | SOLE | 0 | 0 | 0 | 224560 |
| SCHWAB STRATEGIC TR | US REIT ETF | 808524847 |  | 2324648 | 99728 | SH |  | SOLE | 0 | 0 | 0 | 99728 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 1765733 | 66256 | SH |  | SOLE | 0 | 0 | 0 | 66256 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL INTL | 808524755 |  | 411093 | 7895 | SH |  | SOLE | 0 | 0 | 0 | 7895 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 62114885 | 1869804 | SH |  | SOLE | 0 | 0 | 0 | 1869804 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US L | 808524771 |  | 222712 | 7377 | SH |  | SOLE | 0 | 0 | 0 | 7377 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL EMER | 808524730 |  | 2057276 | 50251 | SH |  | SOLE | 0 | 0 | 0 | 50251 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 622424 | 21839 | SH |  | SOLE | 0 | 0 | 0 | 21839 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US S | 808524763 |  | 1126280 | 31434 | SH |  | SOLE | 0 | 0 | 0 | 31434 |
| SELECT SECTOR SPDR TR | STATE STREET REA | 81369Y860 |  | 10600475 | 239993 | SH |  | SOLE | 0 | 0 | 0 | 239993 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 238273 | 570 | SH |  | SOLE | 0 | 0 | 0 | 570 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X889 |  | 48011188 | 976036 | SH |  | SOLE | 0 | 0 | 0 | 976036 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X152 |  | 3167283 | 38205 | SH |  | SOLE | 0 | 0 | 0 | 38205 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X434 |  | 9289841 | 96328 | SH |  | SOLE | 0 | 0 | 0 | 96328 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X509 |  | 21136958 | 409393 | SH |  | SOLE | 0 | 0 | 0 | 409393 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X541 |  | 1987402 | 26559 | SH |  | SOLE | 0 | 0 | 0 | 26559 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A847 |  | 1409041 | 21927 | SH |  | SOLE | 0 | 0 | 0 | 21927 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A409 |  | 1172141 | 10305 | SH |  | SOLE | 0 | 0 | 0 | 10305 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A508 |  | 530597 | 8848 | SH |  | SOLE | 0 | 0 | 0 | 8848 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R739 |  | 4066842 | 85152 | SH |  | SOLE | 0 | 0 | 0 | 85152 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 |  | 231561 | 1559 | SH |  | SOLE | 0 | 0 | 0 | 1559 |
| SPDR SERIES TRUST | STATE STRET SPDR | 78468R861 |  | 18937315 | 985292 | SH |  | SOLE | 0 | 0 | 0 | 985292 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R853 |  | 288404 | 5367 | SH |  | SOLE | 0 | 0 | 0 | 5367 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 |  | 12917240 | 151629 | SH |  | SOLE | 0 | 0 | 0 | 151629 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 410379 | 567 | SH |  | SOLE | 0 | 0 | 0 | 567 |
| TJX COS INC NEW | COM | 872540109 |  | 223607 | 1443 | SH |  | SOLE | 0 | 0 | 0 | 1443 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 491331 | 5010 | SH |  | SOLE | 0 | 0 | 0 | 5010 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 202291 | 556 | SH |  | SOLE | 0 | 0 | 0 | 556 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 67787002 | 925546 | SH |  | SOLE | 0 | 0 | 0 | 925546 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 772745 | 10076 | SH |  | SOLE | 0 | 0 | 0 | 10076 |
| VANGUARD CALIF TAX FREE FDS | TAX EXEMPT BD FD | 922021605 |  | 5747789 | 57691 | SH |  | SOLE | 0 | 0 | 0 | 57691 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 10959133 | 129986 | SH |  | SOLE | 0 | 0 | 0 | 129986 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 1120710 | 3909 | SH |  | SOLE | 0 | 0 | 0 | 3909 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 3088320 | 8651 | SH |  | SOLE | 0 | 0 | 0 | 8651 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 215638 | 941 | SH |  | SOLE | 0 | 0 | 0 | 941 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 85229036 | 128106 | SH |  | SOLE | 0 | 0 | 0 | 128106 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 1530058 | 19692 | SH |  | SOLE | 0 | 0 | 0 | 19692 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1074959 | 11226 | SH |  | SOLE | 0 | 0 | 0 | 11226 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 216149 | 748 | SH |  | SOLE | 0 | 0 | 0 | 748 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 203249 | 3424 | SH |  | SOLE | 0 | 0 | 0 | 3424 |
| VANGUARD MUN BD FDS | CORE TAX EXEMPT | 922907712 |  | 2946113 | 38975 | SH |  | SOLE | 0 | 0 | 0 | 38975 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 646044 | 12885 | SH |  | SOLE | 0 | 0 | 0 | 12885 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000IDX | 92206C730 |  | 3256736 | 9957 | SH |  | SOLE | 0 | 0 | 0 | 9957 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 92206C680 |  | 1088529 | 8782 | SH |  | SOLE | 0 | 0 | 0 | 8782 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000VAL | 92206C714 |  | 39426858 | 387183 | SH |  | SOLE | 0 | 0 | 0 | 387183 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 8856920 | 38697 | SH |  | SOLE | 0 | 0 | 0 | 38697 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 8657776 | 103798 | SH |  | SOLE | 0 | 0 | 0 | 103798 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1477492 | 21419 | SH |  | SOLE | 0 | 0 | 0 | 21419 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 677594 | 4334 | SH |  | SOLE | 0 | 0 | 0 | 4334 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 339513 | 3986 | SH |  | SOLE | 0 | 0 | 0 | 3986 |
| VANGUARD WORLD FD | ESG INTL STK ETF | 921910725 |  | 333245 | 4256 | SH |  | SOLE | 0 | 0 | 0 | 4256 |
| VANGUARD WORLD FD | ESG US STK ETF | 921910733 |  | 429479 | 3378 | SH |  | SOLE | 0 | 0 | 0 | 3378 |
| VISA INC | COM CL A | 92826C839 |  | 1134077 | 3522 | SH |  | SOLE | 0 | 0 | 0 | 3522 |
| WALMART INC | COM | 931142103 |  | 282712 | 2162 | SH |  | SOLE | 0 | 0 | 0 | 2162 |
| WELLS FARGO  CO | COM | 949746101 |  | 692081 | 8663 | SH |  | SOLE | 0 | 0 | 0 | 8663 |

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