# EDGAR Filing Document

**Accession Number:** 0001697646
**File Stem:** 0000935836-23-000081
**Filing Date:** 2023-2
**Character Count:** 25143
**Document Hash:** d69c741adfaf211c331a8868452bbd12
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000935836-23-000081.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0000935836-23-000081

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230208

**EFFECTIVENESS DATE**: 20230208

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Abbrea Capital, LLC
- **CENTRAL INDEX KEY:** 0001697646
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17660
- **FILM NUMBER:** 23597552

**BUSINESS ADDRESS:**
- **STREET 1:** THREE HARBOR DRIVE, SUITE 213
- **CITY:** SAUSALITO
- **STATE:** CA
- **ZIP:** 94965
- **BUSINESS PHONE:** 415-894-0077

**MAIL ADDRESS:**
- **STREET 1:** THREE HARBOR DRIVE, SUITE 213
- **CITY:** SAUSALITO
- **STATE:** CA
- **ZIP:** 94965

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Abbrea Capital LLC<br>**Address:** Three Harbor Drive Suite 213<br>Sausalito, CA 94965

**Form 13F File Number:** 028-17660

**CRD Number (if applicable):** 000272029

**SEC File Number (if applicable):** 801-101498

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:** William Osher<br>**Title:** Chief Compliance Officer<br>**Phone:** 415-894-0077

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

/s/ William Osher  Sausalito, CA  02-07-2023<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:** 222

**Form 13F Information Table Value Total:** $554465807

      (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 |
| 3M Company | Stock | 88579Y101 |  | 2278451 | 19000 | SH |  | SOLE |  | 19000 | 0 | 0 |
| A T  T Inc | Stock | 00206R102 |  | 645578 | 35067 | SH |  | SOLE |  | 35067 | 0 | 0 |
| Abb LTD F | Stock | 000375204 |  | 291076 | 9556 | SH |  | SOLE |  | 9556 | 0 | 0 |
| Abbott Laboratories | Stock | 002824100 |  | 3588091 | 32681 | SH |  | SOLE |  | 32681 | 0 | 0 |
| Abbvie Inc | Stock | 00287Y109 |  | 5255880 | 32522 | SH |  | SOLE |  | 32522 | 0 | 0 |
| Accenture PLC CL A F | Stock | G1151C101 |  | 835476 | 3131 | SH |  | SOLE |  | 3131 | 0 | 0 |
| Adobe Systems Inc | Stock | 00724F101 |  | 1323909 | 3934 | SH |  | SOLE |  | 3934 | 0 | 0 |
| Advanced Micro Devices | Stock | 007903107 |  | 323850 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| Aflac Inc | Stock | 001055102 |  | 1207873 | 16790 | SH |  | SOLE |  | 16790 | 0 | 0 |
| Allstate Corporation | Stock | 020002101 |  | 633014 | 4641 | SH |  | SOLE |  | 4641 | 0 | 0 |
| Alnylam Pharmaceutl | Stock | 02043Q107 |  | 374299 | 1575 | SH |  | SOLE |  | 1575 | 0 | 0 |
| Alphabet Inc CL A | Stock | 02079K305 |  | 9297501 | 105378 | SH |  | SOLE |  | 105378 | 0 | 0 |
| Alphabet Inc CL C | Stock | 02079K107 |  | 3867297 | 43585 | SH |  | SOLE |  | 43585 | 0 | 0 |
| Altria Group Inc | Stock | 02209S103 |  | 238352 | 5101 | SH |  | SOLE |  | 5101 | 0 | 0 |
| Amazon Com Inc | Stock | 023135106 |  | 8533980 | 101595 | SH |  | SOLE |  | 101595 | 0 | 0 |
| American Express Co | Stock | 025816109 |  | 418724 | 2834 | SH |  | SOLE |  | 2834 | 0 | 0 |
| American Tower Corp | Stock | 03027X100 |  | 457359 | 2143 | SH |  | SOLE |  | 2143 | 0 | 0 |
| Amgen Incorporated | Stock | 031162100 |  | 2120293 | 8073 | SH |  | SOLE |  | 8073 | 0 | 0 |
| Apple Inc | Stock | 037833100 |  | 29523880 | 227229 | SH |  | SOLE |  | 227229 | 0 | 0 |
| Aptiv PLC              F | Stock | G6095L109 |  | 264489 | 2840 | SH |  | SOLE |  | 2840 | 0 | 0 |
| ASML HLDGS NV | Stock | N07059210 |  | 374284 | 685 | SH |  | SOLE |  | 685 | 0 | 0 |
| Auto Data Processing | Stock | 053015103 |  | 1152366 | 4799 | SH |  | SOLE |  | 4799 | 0 | 0 |
| Bank Of America Corp | Stock | 060505104 |  | 2353028 | 71046 | SH |  | SOLE |  | 71046 | 0 | 0 |
| Bank Of NY Mellon Co | Stock | 064058100 |  | 202107 | 4440 | SH |  | SOLE |  | 4440 | 0 | 0 |
| Basf Se F | Stock | 055262505 |  | 514642 | 41800 | SH |  | SOLE |  | 41800 | 0 | 0 |
| Berkshire Hathaway | Stock | 084670702 |  | 5562053 | 18006 | SH |  | SOLE |  | 18006 | 0 | 0 |
| BHP Billiton LTD F | Stock | 088606108 |  | 202655 | 3266 | SH |  | SOLE |  | 3266 | 0 | 0 |
| BlackRock Inc | Stock | 09247X101 |  | 1065780 | 1504 | SH |  | SOLE |  | 1504 | 0 | 0 |
| Boeing Co | Stock | 097023105 |  | 645571 | 3389 | SH |  | SOLE |  | 3389 | 0 | 0 |
| Booking Holdings Inc | Stock | 09857L108 |  | 350659 | 174 | SH |  | SOLE |  | 174 | 0 | 0 |
| Bristol-Myers Squibb | Stock | 110122108 |  | 710523 | 9875 | SH |  | SOLE |  | 9875 | 0 | 0 |
| Broadcom Limited | Stock | 11135F101 |  | 1085830 | 1942 | SH |  | SOLE |  | 1942 | 0 | 0 |
| Canadian Natl Railwy   F | Stock | 136375102 |  | 1989695 | 16737 | SH |  | SOLE |  | 16737 | 0 | 0 |
| Capital One Finl | Stock | 14040H105 |  | 274046 | 2948 | SH |  | SOLE |  | 2948 | 0 | 0 |
| Carrier Global Corp | Stock | 14448C104 |  | 831228 | 20061 | SH |  | SOLE |  | 20061 | 0 | 0 |
| Caterpillar Inc | Stock | 149123101 |  | 3979092 | 16610 | SH |  | SOLE |  | 16610 | 0 | 0 |
| Charles Schwab Corp | Stock | 808513105 |  | 475885 | 5716 | SH |  | SOLE |  | 5716 | 0 | 0 |
| Charles Schwab US MC ETF | ETF | 808524508 |  | 2015539 | 30720 | SH |  | SOLE |  | 30720 | 0 | 0 |
| Chevron Corporation | Stock | 166764100 |  | 7253350 | 40411 | SH |  | SOLE |  | 40411 | 0 | 0 |
| Chubb LTD F | Stock | H1467J104 |  | 234052 | 1057 | SH |  | SOLE |  | 1057 | 0 | 0 |
| CIGNA Corp | Stock | 125523100 |  | 354865 | 1071 | SH |  | SOLE |  | 1071 | 0 | 0 |
| Cisco Systems Inc | Stock | 17275R102 |  | 2886555 | 60591 | SH |  | SOLE |  | 60591 | 0 | 0 |
| Cme Group Inc | Stock | 12572Q105 |  | 228257 | 1322 | SH |  | SOLE |  | 1322 | 0 | 0 |
| Coca Cola Company | Stock | 191216100 |  | 1681340 | 26432 | SH |  | SOLE |  | 26432 | 0 | 0 |
| Colgate-Palmolive Co | Stock | 194162103 |  | 3183694 | 40407 | SH |  | SOLE |  | 40407 | 0 | 0 |
| Comcast Corporation | Stock | 20030N101 |  | 1420461 | 40619 | SH |  | SOLE |  | 40619 | 0 | 0 |
| Communicat SVS SLCT Sec SPDR ETF | ETF | 81369Y852 |  | 350807 | 7310 | SH |  | SOLE |  | 7310 | 0 | 0 |
| Conocophillips | Stock | 20825C104 |  | 1293593 | 10898 | SH |  | SOLE |  | 10898 | 0 | 0 |
| Consumer Discretionary Sector SPDR ETF | ETF | 81369Y407 |  | 443923 | 3437 | SH |  | SOLE |  | 3437 | 0 | 0 |
| Consumer Staples Sector SPDR ETF | ETF | 81369Y308 |  | 248028 | 3327 | SH |  | SOLE |  | 3327 | 0 | 0 |
| Corteva Inc | Stock | 22052L104 |  | 485170 | 8254 | SH |  | SOLE |  | 8254 | 0 | 0 |
| Costco Wholesale Co | Stock | 22160K105 |  | 14044405 | 30765 | SH |  | SOLE |  | 30765 | 0 | 0 |
| CVS Health Corp | Stock | 126650100 |  | 721144 | 7738 | SH |  | SOLE |  | 7738 | 0 | 0 |
| Danaher Corp | Stock | 235851102 |  | 1538530 | 5791 | SH |  | SOLE |  | 5791 | 0 | 0 |
| Deere  Co | Stock | 244199105 |  | 463497 | 1078 | SH |  | SOLE |  | 1078 | 0 | 0 |
| Dow Inc | Stock | 260557103 |  | 344214 | 6831 | SH |  | SOLE |  | 6831 | 0 | 0 |
| Duke Energy Corp | Stock | 26441C204 |  | 378488 | 3675 | SH |  | SOLE |  | 3675 | 0 | 0 |
| DuPont De Nemours Inc | Stock | 26614N102 |  | 408623 | 5954 | SH |  | SOLE |  | 5954 | 0 | 0 |
| Eaton Vance Tax Managed | COMM | 27828Y108 |  | 228101 | 18575 | SH |  | SOLE |  | 18575 | 0 | 0 |
| Ecolab Inc | Stock | 278865100 |  | 1117339 | 7648 | SH |  | SOLE |  | 7648 | 0 | 0 |
| Eli Lilly  Company | Stock | 532457108 |  | 3372859 | 9219 | SH |  | SOLE |  | 9219 | 0 | 0 |
| Emerson Electric Co | Stock | 291011104 |  | 1379710 | 14363 | SH |  | SOLE |  | 14363 | 0 | 0 |
| Energy Sector SPDR ETF | ETF | 81369Y506 |  | 1495881 | 17102 | SH |  | SOLE |  | 17102 | 0 | 0 |
| Enphase Energy Inc | Stock | 29355A107 |  | 1100909 | 4155 | SH |  | SOLE |  | 4155 | 0 | 0 |
| Estee Lauder co Inc | Stock | 518439104 |  | 262997 | 1060 | SH |  | SOLE |  | 1060 | 0 | 0 |
| Exelon Corporation | Stock | 30161N101 |  | 258083 | 5970 | SH |  | SOLE |  | 5970 | 0 | 0 |
| Exxon Mobil Corp | Stock | 30231G102 |  | 5191070 | 47063 | SH |  | SOLE |  | 47063 | 0 | 0 |
| Farmland Partners REIT | COMM | 31154R109 |  | 310621 | 24810 | SH |  | SOLE |  | 24810 | 0 | 0 |
| Fedex Corporation | Stock | 31428X106 |  | 2688651 | 15421 | SH |  | SOLE |  | 15421 | 0 | 0 |
| Financial Sector SPDR ETF | ETF | 81369Y605 |  | 1194230 | 34919 | SH |  | SOLE |  | 34919 | 0 | 0 |
| First Industrial RLT | Stock | 32054K103 |  | 344546 | 7096 | SH |  | SOLE |  | 7096 | 0 | 0 |
| Franklin Resources | Stock | 354613101 |  | 386193 | 14475 | SH |  | SOLE |  | 14475 | 0 | 0 |
| General Mills Inc | Stock | 370334104 |  | 1136503 | 13554 | SH |  | SOLE |  | 13554 | 0 | 0 |
| General Motors Co | Stock | 37045V100 |  | 355407 | 10565 | SH |  | SOLE |  | 10565 | 0 | 0 |
| Gladstone Land Corpo REIT | COMM | 376549101 |  | 273415 | 14900 | SH |  | SOLE |  | 14900 | 0 | 0 |
| Goldman Sachs Group | Stock | 38141G104 |  | 677145 | 1972 | SH |  | SOLE |  | 1972 | 0 | 0 |
| GS Equal Weight US Large Cap ETF | ETF | 381430438 |  | 1106509 | 18940 | SH |  | SOLE |  | 18940 | 0 | 0 |
| Health Care Sector SPDR ETF | ETF | 81369Y209 |  | 1284054 | 9452 | SH |  | SOLE |  | 9452 | 0 | 0 |
| Home Depot Inc | Stock | 437076102 |  | 3596754 | 11387 | SH |  | SOLE |  | 11387 | 0 | 0 |
| Honeywell Intl Inc | Stock | 438516106 |  | 5491308 | 25624 | SH |  | SOLE |  | 25624 | 0 | 0 |
| IBM Corp | Stock | 459200101 |  | 474940 | 3371 | SH |  | SOLE |  | 3371 | 0 | 0 |
| Illinois Tool Works | Stock | 452308109 |  | 430367 | 1942 | SH |  | SOLE |  | 1942 | 0 | 0 |
| Industrial Sector SPDR ETF | ETF | 81369Y704 |  | 331262 | 3373 | SH |  | SOLE |  | 3373 | 0 | 0 |
| Intel Corp | Stock | 458140100 |  | 1467869 | 55538 | SH |  | SOLE |  | 55538 | 0 | 0 |
| Intuit Inc | Stock | 461202103 |  | 390777 | 1004 | SH |  | SOLE |  | 1004 | 0 | 0 |
| Invesco FTSE Rafi US 1000 ETF | ETF | 46137V613 |  | 696158 | 4487 | SH |  | SOLE |  | 4487 | 0 | 0 |
| Invesco FTSE Rafi US 1500 Small-Mid ETF | ETF | 46137V597 |  | 243001 | 1534 | SH |  | SOLE |  | 1534 | 0 | 0 |
| Invesco QQQ Trust | Stock | 46090E103 |  | 3328234 | 12499 | SH |  | SOLE |  | 12499 | 0 | 0 |
| Invesco S 500 Equal Weight ETF | ETF | 46137V357 |  | 2296584 | 16259 | SH |  | SOLE |  | 16259 | 0 | 0 |
| iShares 1-5 Year Credit | ETF | 464288646 |  | 3532537 | 70906 | SH |  | SOLE |  | 70906 | 0 | 0 |
| iShares Core S 500 | ETF | 464287200 |  | 2580739 | 6717 | SH |  | SOLE |  | 6717 | 0 | 0 |
| iShares Core S Mid Cap | ETF | 464287507 |  | 1079555 | 4463 | SH |  | SOLE |  | 4463 | 0 | 0 |
| iShares Core US Aggregate Bond | ETF | 464287226 |  | 431412 | 4448 | SH |  | SOLE |  | 4448 | 0 | 0 |
| iShares Global 100 ETF | ETF | 464287572 |  | 771162 | 12040 | SH |  | SOLE |  | 12040 | 0 | 0 |
| iShares Global Clean Energy ETF | ETF | 464288224 |  | 274923 | 13850 | SH |  | SOLE |  | 13850 | 0 | 0 |
| iShares MSCI EAFE ETF | ETF | 464287465 |  | 2121167 | 32315 | SH |  | SOLE |  | 32315 | 0 | 0 |
| iShares MSCI Emerging | ETF | 464287234 |  | 2109057 | 55648 | SH |  | SOLE |  | 55648 | 0 | 0 |
| iShares MSCI Emerging Markets ETF | ETF | 46434G764 |  | 746940 | 15735 | SH |  | SOLE |  | 15735 | 0 | 0 |
| iShares MSCI KLD 400 | Stock | 464288570 |  | 267920 | 3732 | SH |  | SOLE |  | 3732 | 0 | 0 |
| iShares Russell 1000 | ETF | 464287622 |  | 1555743 | 7390 | SH |  | SOLE |  | 7390 | 0 | 0 |
| iShares Russell 1000 Growth | ETF | 464287614 |  | 486968 | 2273 | SH |  | SOLE |  | 2273 | 0 | 0 |
| iShares Russell 1000 Value | ETF | 464287598 |  | 206699 | 1363 | SH |  | SOLE |  | 1363 | 0 | 0 |
| iShares Russell 2000 | ETF | 464287655 |  | 536680 | 3078 | SH |  | SOLE |  | 3078 | 0 | 0 |
| iShares Russell Mid Cap | ETF | 464287499 |  | 1807390 | 26796 | SH |  | SOLE |  | 26796 | 0 | 0 |
| iShares S 100 ETF | ETF | 464287101 |  | 20448954 | 119886 | SH |  | SOLE |  | 119886 | 0 | 0 |
| iShares S 500 Growth | ETF | 464287309 |  | 332631 | 5686 | SH |  | SOLE |  | 5686 | 0 | 0 |
| iShares S Mid Cap 400 | ETF | 464287606 |  | 222590 | 3259 | SH |  | SOLE |  | 3259 | 0 | 0 |
| iShares S Small Cap Core | ETF | 464287804 |  | 2367136 | 25012 | SH |  | SOLE |  | 25012 | 0 | 0 |
| iShares S Small Cap Growth | ETF | 464287887 |  | 315564 | 2920 | SH |  | SOLE |  | 2920 | 0 | 0 |
| iShares Select Dividend | ETF | 464287168 |  | 1165720 | 9666 | SH |  | SOLE |  | 9666 | 0 | 0 |
| iShares TIPS Bond ETF | ETF | 464287176 |  | 586804 | 5513 | SH |  | SOLE |  | 5513 | 0 | 0 |
| iShares US Consumer Goods ETF | ETF | 464287812 |  | 283892 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| iShares US Industrials | ETF | 464287754 |  | 327964 | 3400 | SH |  | SOLE |  | 3400 | 0 | 0 |
| Johnson  Johnson | Stock | 478160104 |  | 11853427 | 67101 | SH |  | SOLE |  | 67101 | 0 | 0 |
| JPMorgan Chase  Co | Stock | 46625H100 |  | 5768043 | 43013 | SH |  | SOLE |  | 43013 | 0 | 0 |
| JPMorgan Ultra Short Income ETF | ETF | 46641Q837 |  | 21763700 | 432936 | SH |  | SOLE |  | 432936 | 0 | 0 |
| JPMorgan Ultra Short Muni Income ETF | ETF | 46641Q654 |  | 4016377 | 79335 | SH |  | SOLE |  | 79335 | 0 | 0 |
| Kimberly-Clark Corp | Stock | 494368103 |  | 1496974 | 10934 | SH |  | SOLE |  | 10934 | 0 | 0 |
| Linde PLC              F | Stock | G5494J103 |  | 847089 | 2597 | SH |  | SOLE |  | 2597 | 0 | 0 |
| Lockheed Martin Corp | Stock | 539830109 |  | 592058 | 1217 | SH |  | SOLE |  | 1217 | 0 | 0 |
| Lowes Companies Inc | Stock | 548661107 |  | 934236 | 4689 | SH |  | SOLE |  | 4689 | 0 | 0 |
| Marsh  MC Lennan Co | Stock | 571748102 |  | 538968 | 3257 | SH |  | SOLE |  | 3257 | 0 | 0 |
| Mastercard Inc | Stock | 57636Q104 |  | 1826278 | 5252 | SH |  | SOLE |  | 5252 | 0 | 0 |
| Materials Sector SPDR ETF | ETF | 81369Y100 |  | 1580943 | 20352 | SH |  | SOLE |  | 20352 | 0 | 0 |
| MC Donalds Corp | Stock | 580135101 |  | 3014306 | 11438 | SH |  | SOLE |  | 11438 | 0 | 0 |
| Medtronic PLC F | Stock | G5960L103 |  | 394761 | 5033 | SH |  | SOLE |  | 5033 | 0 | 0 |
| Mercadolibre Inc | Stock | 58733R102 |  | 201405 | 238 | SH |  | SOLE |  | 238 | 0 | 0 |
| Merck  Co Inc | Stock | 58933Y105 |  | 5143509 | 46057 | SH |  | SOLE |  | 46057 | 0 | 0 |
| Meta Platforms Inc | Stock | 30303M102 |  | 5334311 | 44327 | SH |  | SOLE |  | 44327 | 0 | 0 |
| Metlife Inc | Stock | 59156R108 |  | 461938 | 6383 | SH |  | SOLE |  | 6383 | 0 | 0 |
| Microsoft Corp | Stock | 594918104 |  | 24557847 | 102401 | SH |  | SOLE |  | 102401 | 0 | 0 |
| Moderna Inc | Stock | 60770K107 |  | 417976 | 2327 | SH |  | SOLE |  | 2327 | 0 | 0 |
| Mondelez Intl | Stock | 609207105 |  | 1931741 | 28817 | SH |  | SOLE |  | 28817 | 0 | 0 |
| Moodys Corp | Stock | 615369105 |  | 245186 | 880 | SH |  | SOLE |  | 880 | 0 | 0 |
| Morgan Stanley | Stock | 617446448 |  | 1037070 | 12198 | SH |  | SOLE |  | 12198 | 0 | 0 |
| Nestle SA F | Stock | 641069406 |  | 1752707 | 15196 | SH |  | SOLE |  | 15196 | 0 | 0 |
| Nestle SA Ord F | Stock | H57312649 |  | 3032253 | 26165 | SH |  | SOLE |  | 26165 | 0 | 0 |
| Netflix Inc | Stock | 64110L106 |  | 419909 | 1424 | SH |  | SOLE |  | 1424 | 0 | 0 |
| Nextera Energy Inc | Stock | 65339F101 |  | 4482608 | 53620 | SH |  | SOLE |  | 53620 | 0 | 0 |
| Nike Inc | Stock | 654106103 |  | 4125832 | 35261 | SH |  | SOLE |  | 35261 | 0 | 0 |
| Northrop Grumman Co | Stock | 666807102 |  | 268986 | 493 | SH |  | SOLE |  | 493 | 0 | 0 |
| NOVARTIS AG F | Stock | 66987V109 |  | 1066504 | 11756 | SH |  | SOLE |  | 11756 | 0 | 0 |
| Novo-Nordisk A-S F | Stock | 670100205 |  | 228995 | 1692 | SH |  | SOLE |  | 1692 | 0 | 0 |
| Nvidia Corp | Stock | 67066G104 |  | 3477547 | 23796 | SH |  | SOLE |  | 23796 | 0 | 0 |
| Omnicom Group Inc | Stock | 681919106 |  | 913197 | 11100 | SH |  | SOLE |  | 11100 | 0 | 0 |
| Oracle Corporation | Stock | 68389X105 |  | 5257280 | 64317 | SH |  | SOLE |  | 64317 | 0 | 0 |
| Otis Worldwide Corp | Stock | 68902V107 |  | 807846 | 10316 | SH |  | SOLE |  | 10316 | 0 | 0 |
| Paypal Holdings | Stock | 70450Y103 |  | 614415 | 8627 | SH |  | SOLE |  | 8627 | 0 | 0 |
| Pepsico Incorporated | Stock | 713448108 |  | 11128161 | 61207 | SH |  | SOLE |  | 61207 | 0 | 0 |
| Pfizer Incorporated | Stock | 717081103 |  | 4625309 | 90268 | SH |  | SOLE |  | 90268 | 0 | 0 |
| Philip Morris Intl | Stock | 718172109 |  | 560771 | 5472 | SH |  | SOLE |  | 5472 | 0 | 0 |
| PNC Financial SRVCS | Stock | 693475105 |  | 1081415 | 6847 | SH |  | SOLE |  | 6847 | 0 | 0 |
| Procter  Gamble | Stock | 742718109 |  | 8505667 | 56121 | SH |  | SOLE |  | 56121 | 0 | 0 |
| Qualcomm Inc | Stock | 747525103 |  | 2683196 | 24406 | SH |  | SOLE |  | 24406 | 0 | 0 |
| Raytheon Technologies Co | Stock | 75513E101 |  | 3291203 | 32612 | SH |  | SOLE |  | 32612 | 0 | 0 |
| Real Estate Select SPDR ETF | ETF | 81369Y860 |  | 515100 | 13948 | SH |  | SOLE |  | 13948 | 0 | 0 |
| Roche HLDG AG F | Stock | 771195104 |  | 586584 | 14983 | SH |  | SOLE |  | 14983 | 0 | 0 |
| S  P Global Inc | Stock | 78409V104 |  | 264603 | 790 | SH |  | SOLE |  | 790 | 0 | 0 |
| Salesforce Com | Stock | 79466L302 |  | 6757052 | 50962 | SH |  | SOLE |  | 50962 | 0 | 0 |
| SAP Sponsored F | Stock | 803054204 |  | 670322 | 6496 | SH |  | SOLE |  | 6496 | 0 | 0 |
| Schwab Emerging Markets | ETF | 808524706 |  | 2089020 | 88256 | SH |  | SOLE |  | 88256 | 0 | 0 |
| Schwab International | ETF | 808524805 |  | 3715977 | 115367 | SH |  | SOLE |  | 115367 | 0 | 0 |
| Schwab US Aggregate Bond ETF | ETF | 808524839 |  | 586603 | 12850 | SH |  | SOLE |  | 12850 | 0 | 0 |
| Schwab US Broad Market ETF | ETF | 808524102 |  | 379369 | 8466 | SH |  | SOLE |  | 8466 | 0 | 0 |
| Schwab US Dividend | ETF | 808524797 |  | 2626072 | 34764 | SH |  | SOLE |  | 34764 | 0 | 0 |
| Schwab US Large Cap ETF | ETF | 808524201 |  | 2056357 | 45545 | SH |  | SOLE |  | 45545 | 0 | 0 |
| Service Now Inc | Stock | 81762P102 |  | 522611 | 1346 | SH |  | SOLE |  | 1346 | 0 | 0 |
| Siemens A G F | Stock | 826197501 |  | 629497 | 9151 | SH |  | SOLE |  | 9151 | 0 | 0 |
| Simon PPTY Group | Stock | 828806109 |  | 347411 | 2957 | SH |  | SOLE |  | 2957 | 0 | 0 |
| Southern Company | Stock | 842587107 |  | 1225909 | 17167 | SH |  | SOLE |  | 17167 | 0 | 0 |
| SPDR Dow Jones | ETF | 78467X109 |  | 362300 | 1091 | SH |  | SOLE |  | 1091 | 0 | 0 |
| SPDR Dow Jones REIT ETF | ETF | 78464A607 |  | 539894 | 6195 | SH |  | SOLE |  | 6195 | 0 | 0 |
| SPDR Gold Minishares Etv | ETF | 98149E303 |  | 2717760 | 75097 | SH |  | SOLE |  | 75097 | 0 | 0 |
| SPDR Gold Shares ETF | ETF | 78463V107 |  | 5398284 | 31822 | SH |  | SOLE |  | 31822 | 0 | 0 |
| SPDR MSCI Acwi Ex-US | ETF | 78463X848 |  | 1721758 | 71561 | SH |  | SOLE |  | 71561 | 0 | 0 |
| SPDR S 500 ETF | ETF | 78462F103 |  | 24207501 | 63006 | SH |  | SOLE |  | 63006 | 0 | 0 |
| SPDR S Dividend ETF | ETF | 78464A763 |  | 1829358 | 14622 | SH |  | SOLE |  | 14622 | 0 | 0 |
| SPDR S Midcap 400 ETF | ETF | 78467Y107 |  | 246673 | 555 | SH |  | SOLE |  | 555 | 0 | 0 |
| Starbucks Corp | Stock | 855244109 |  | 658938 | 6643 | SH |  | SOLE |  | 6643 | 0 | 0 |
| State Street Corp | Stock | 857477103 |  | 830093 | 10615 | SH |  | SOLE |  | 10615 | 0 | 0 |
| Stryker Corp | Stock | 863667101 |  | 1925134 | 7850 | SH |  | SOLE |  | 7850 | 0 | 0 |
| Target Corporation | Stock | 87612E106 |  | 1250297 | 8389 | SH |  | SOLE |  | 8389 | 0 | 0 |
| Technology Select Sector | ETF | 81369Y803 |  | 772399 | 6207 | SH |  | SOLE |  | 6207 | 0 | 0 |
| Tesla Motors Inc | Stock | 88160R101 |  | 918923 | 7460 | SH |  | SOLE |  | 7460 | 0 | 0 |
| Tetra Tech Inc | Stock | 88162G103 |  | 214881 | 1480 | SH |  | SOLE |  | 1480 | 0 | 0 |
| Texas Instruments | Stock | 882508104 |  | 594627 | 3599 | SH |  | SOLE |  | 3599 | 0 | 0 |
| Thermo Fisher | Stock | 883556102 |  | 773052 | 1403 | SH |  | SOLE |  | 1403 | 0 | 0 |
| Trico Bancshs Chico | Stock | 896095106 |  | 306144 | 6004 | SH |  | SOLE |  | 6004 | 0 | 0 |
| U S Bancorp | Stock | 902973304 |  | 911208 | 20667 | SH |  | SOLE |  | 20667 | 0 | 0 |
| Umpqua Holdings Corp | Stock | 904214103 |  | 1049241 | 58781 | SH |  | SOLE |  | 58781 | 0 | 0 |
| Unilever PLC F | Stock | 904767704 |  | 434269 | 8625 | SH |  | SOLE |  | 8625 | 0 | 0 |
| Union Pacific Corp | Stock | 907818108 |  | 1646207 | 7950 | SH |  | SOLE |  | 7950 | 0 | 0 |
| United Parcel SRVC | Stock | 911312106 |  | 1195672 | 6878 | SH |  | SOLE |  | 6878 | 0 | 0 |
| UnitedHealth Group | Stock | 91324P102 |  | 3720869 | 7018 | SH |  | SOLE |  | 7018 | 0 | 0 |
| Utilities Sector SPDR ETF | ETF | 81369Y886 |  | 983123 | 13945 | SH |  | SOLE |  | 13945 | 0 | 0 |
| Vanguard Dividend Fund | ETF | 921908844 |  | 250822 | 1652 | SH |  | SOLE |  | 1652 | 0 | 0 |
| Vanguard FTSE Developed | ETF | 921943858 |  | 6965173 | 165956 | SH |  | SOLE |  | 165956 | 0 | 0 |
| Vanguard FTSE Emerging | ETF | 922042858 |  | 4646338 | 119198 | SH |  | SOLE |  | 119198 | 0 | 0 |
| Vanguard FTSE Pacific | ETF | 922042866 |  | 1916407 | 29781 | SH |  | SOLE |  | 29781 | 0 | 0 |
| Vanguard High Dividend | ETF | 921946406 |  | 7982770 | 73771 | SH |  | SOLE |  | 73771 | 0 | 0 |
| Vanguard Large Cap ETF | ETF | 922908637 |  | 335683 | 1927 | SH |  | SOLE |  | 1927 | 0 | 0 |
| Vanguard Mid Cap ETF | ETF | 922908629 |  | 10577911 | 51901 | SH |  | SOLE |  | 51901 | 0 | 0 |
| Vanguard Mid Cap Value | ETF | 922908512 |  | 206381 | 1526 | SH |  | SOLE |  | 1526 | 0 | 0 |
| Vanguard REIT ETF | ETF | 922908553 |  | 1742687 | 21129 | SH |  | SOLE |  | 21129 | 0 | 0 |
| Vanguard S 500 ETF | ETF | 922908363 |  | 8376695 | 23842 | SH |  | SOLE |  | 23842 | 0 | 0 |
| Vanguard Short Term Cor BD ETF | ETF | 92206C409 |  | 4459519 | 59310 | SH |  | SOLE |  | 59310 | 0 | 0 |
| Vanguard Short Term TIP Index ETF | ETF | 922020805 |  | 27626926 | 591456 | SH |  | SOLE |  | 591456 | 0 | 0 |
| Vanguard Small Cap ETF | ETF | 922908751 |  | 664965 | 3623 | SH |  | SOLE |  | 3623 | 0 | 0 |
| Vanguard Total Bond | ETF | 921937835 |  | 5680030 | 79065 | SH |  | SOLE |  | 79065 | 0 | 0 |
| Vanguard Total Stock | ETF | 922908769 |  | 1708091 | 8934 | SH |  | SOLE |  | 8934 | 0 | 0 |
| Verizon Communication | Stock | 92343V104 |  | 1209466 | 30697 | SH |  | SOLE |  | 30697 | 0 | 0 |
| Visa Inc | Stock | 92826C839 |  | 11501712 | 55361 | SH |  | SOLE |  | 55361 | 0 | 0 |
| Walgreens Boots Alli | Stock | 931427108 |  | 542654 | 14525 | SH |  | SOLE |  | 14525 | 0 | 0 |
| Wal-Mart Stores Inc | Stock | 931142103 |  | 1883190 | 13230 | SH |  | SOLE |  | 13230 | 0 | 0 |
| Walt Disney Co | Stock | 254687106 |  | 2667621 | 30705 | SH |  | SOLE |  | 30705 | 0 | 0 |
| Waste Connections In F | Stock | 94106B101 |  | 241001 | 1818 | SH |  | SOLE |  | 1818 | 0 | 0 |
| Waste Management Inc | Stock | 94106L109 |  | 382473 | 2438 | SH |  | SOLE |  | 2438 | 0 | 0 |
| Wells Fargo  Co | Stock | 949746101 |  | 636031 | 15404 | SH |  | SOLE |  | 15404 | 0 | 0 |
| Welltower Inc | Stock | 95040Q104 |  | 308282 | 4703 | SH |  | SOLE |  | 4703 | 0 | 0 |
| Xcel Energy Inc | Stock | 98389B100 |  | 344092 | 4874 | SH |  | SOLE |  | 4874 | 0 | 0 |
| Yum Brands Inc | Stock | 988498101 |  | 241559 | 1886 | SH |  | SOLE |  | 1886 | 0 | 0 |
| Zoetis Inc | Stock | 98978V103 |  | 205317 | 1401 | SH |  | SOLE |  | 1401 | 0 | 0 |

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