# EDGAR Filing Document

**Accession Number:** 0000820123
**File Stem:** 0001420506-25-001492
**Filing Date:** 2025-7
**Character Count:** 14786
**Document Hash:** 0b2726deb0ae5c18858d7064636e90ea
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-25-001492.hdr.sgml**: 20250711

**ACCESSION NUMBER**: 0001420506-25-001492

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250711

**DATE AS OF CHANGE**: 20250711

**EFFECTIVENESS DATE**: 20250711

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MARSHALL & SULLIVAN INC /WA/
- **CENTRAL INDEX KEY:** 0000820123

**ORGANIZATION NAME:**
- **EIN:** 911133788
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-02102
- **FILM NUMBER:** 251118141

**BUSINESS ADDRESS:**
- **STREET 1:** 1109 FIRST AVE
- **STREET 2:** SUITE 200
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98101
- **BUSINESS PHONE:** 2066219014

**MAIL ADDRESS:**
- **STREET 1:** 1109 FIRST AVE.
- **STREET 2:** SUITE 200
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98101

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** MARSHALL  SULLIVAN INC /WA/<br>**Address:** 1109 FIRST AVE.<br>SUITE 200<br>SEATTLE, WA 98101

**Form 13F File Number:** 028-02102

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:** Greg Robinson<br>**Title:** President<br>**Phone:** 2066219014

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

Greg Robinson President  SEATTLE, WA  07-11-2025<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:** 119

**Form 13F Information Table Value Total:** $208059637

      (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 |
| ABBVIE INC | COM | 00287Y109 |  | 24688 | 133 | SH |  | SOLE |  | 133 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 4495546 | 11620 | SH |  | SOLE |  | 11050 | 0 | 570 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 7554306 | 42866 | SH |  | SOLE |  | 40969 | 0 | 1897 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 298754 | 1684 | SH |  | SOLE |  | 1464 | 0 | 220 |
| AMAZON COM INC | COM | 023135106 |  | 6894770 | 31427 | SH |  | SOLE |  | 30019 | 0 | 1408 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 22102 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 5167120 | 25185 | SH |  | SOLE |  | 25073 | 0 | 112 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 122772 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 38859 | 126 | SH |  | SOLE |  | 126 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 53614 | 1133 | SH |  | SOLE |  | 1133 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 3348024 | 19437 | SH |  | SOLE |  | 18344 | 0 | 1093 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 728800 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 2453 | 51 | SH |  | SOLE |  | 51 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 108537 | 518 | SH |  | SOLE |  | 518 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 7607062 | 1314 | SH |  | SOLE |  | 1246 | 0 | 68 |
| CHEVRON CORP NEW | COM | 166764100 |  | 110114 | 769 | SH |  | SOLE |  | 769 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 8974 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1200278 | 1212 | SH |  | SOLE |  | 1212 | 0 | 0 |
| CROWN HLDGS INC | COM | 228368106 |  | 5888912 | 57185 | SH |  | SOLE |  | 54615 | 0 | 2570 |
| DANAHER CORPORATION | COM | 235851102 |  | 4607028 | 23322 | SH |  | SOLE |  | 22171 | 0 | 1151 |
| DEERE  CO | COM | 244199105 |  | 38137 | 75 | SH |  | SOLE |  | 75 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 5623530 | 7214 | SH |  | SOLE |  | 7214 | 0 | 0 |
| EMBECTA CORP | COMMON STOCK | 29082K105 |  | 342 | 16 | SH |  | SOLE |  | 0 | 0 | 16 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 37730 | 350 | SH |  | SOLE |  | 350 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 16800 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 6410204 | 37180 | SH |  | SOLE |  | 35454 | 0 | 1726 |
| FORTIVE CORP | COM | 34959J108 |  | 3235240 | 62061 | SH |  | SOLE |  | 59304 | 0 | 2757 |
| GE AEROSPACE | COM NEW | 369604301 |  | 137447 | 534 | SH |  | SOLE |  | 534 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 13185 | 178 | SH |  | SOLE |  | 178 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 70377 | 133 | SH |  | SOLE |  | 133 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 |  | 7591 | 53 | SH |  | SOLE |  | 53 | 0 | 0 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 1143430 | 26542 | SH |  | SOLE |  | 26542 | 0 | 0 |
| GRAYSCALE BITCOIN MINI TR ET | SHS NEW | 389930207 |  | 38582 | 808 | SH |  | SOLE |  | 808 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 342714 | 4040 | SH |  | SOLE |  | 4040 | 0 | 0 |
| HERITAGE FINL CORP WASH | COM | 42722X106 |  | 146473 | 6144 | SH |  | SOLE |  | 5844 | 0 | 300 |
| HOME DEPOT INC | COM | 437076102 |  | 6295576 | 17171 | SH |  | SOLE |  | 16318 | 0 | 853 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 12363 | 50 | SH |  | SOLE |  | 50 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 41373 | 75 | SH |  | SOLE |  | 75 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 8766 | 105 | SH |  | SOLE |  | 105 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 12404 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 38361 | 351 | SH |  | SOLE |  | 351 | 0 | 0 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 70221 | 520 | SH |  | SOLE |  | 520 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 20490 | 33 | SH |  | SOLE |  | 33 | 0 | 0 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 9520 | 85 | SH |  | SOLE |  | 85 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 5138959 | 106529 | SH |  | SOLE |  | 100564 | 0 | 5965 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 9324 | 51 | SH |  | SOLE |  | 51 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 9848 | 29 | SH |  | SOLE |  | 29 | 0 | 0 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 16009 | 56 | SH |  | SOLE |  | 56 | 0 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 27766 | 176 | SH |  | SOLE |  | 73 | 0 | 103 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 24203654 | 112163 | SH |  | SOLE |  | 107664 | 0 | 4499 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 4614459 | 30209 | SH |  | SOLE |  | 28677 | 0 | 1532 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 173657 | 599 | SH |  | SOLE |  | 599 | 0 | 0 |
| KLAVIYO INC | COM SER A | 49845K101 |  | 3728 | 111 | SH |  | SOLE |  | 111 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 6348418 | 65219 | SH |  | SOLE |  | 62375 | 0 | 2844 |
| LINDE PLC | SHS | G54950103 |  | 7296219 | 15551 | SH |  | SOLE |  | 14725 | 0 | 826 |
| MANNKIND CORP | COM NEW | 56400P706 |  | 7480 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 7584505 | 13497 | SH |  | SOLE |  | 12830 | 0 | 667 |
| MCDONALDS CORP | COM | 580135101 |  | 89697 | 307 | SH |  | SOLE |  | 307 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 193942 | 2450 | SH |  | SOLE |  | 2450 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 5990339 | 8116 | SH |  | SOLE |  | 7601 | 0 | 515 |
| MICROSOFT CORP | COM | 594918104 |  | 16844310 | 33864 | SH |  | SOLE |  | 33007 | 0 | 857 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 5458387 | 87139 | SH |  | SOLE |  | 83275 | 0 | 3864 |
| NEUEHEALTH INC | COM NEW | 10920V404 |  | 2588 | 375 | SH |  | SOLE |  | 375 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 264282 | 3807 | SH |  | SOLE |  | 3807 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 816534 | 11494 | SH |  | SOLE |  | 11494 | 0 | 0 |
| NOV INC | COM | 62955J103 |  | 1790 | 144 | SH |  | SOLE |  | 144 | 0 | 0 |
| NUVEEN MUN VALUE FD INC | COM | 670928100 |  | 15990 | 1840 | SH |  | SOLE |  | 1840 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 265424 | 1680 | SH |  | SOLE |  | 1680 | 0 | 0 |
| OCCIDENTAL PETE CORP | *W EXP 08/03/202 | 674599162 |  | 601 | 29 | SH |  | SOLE |  | 29 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 9621 | 229 | SH |  | SOLE |  | 229 | 0 | 0 |
| OCEANEERING INTL INC | COM | 675232102 |  | 8288 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 131178 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 42777 | 450 | SH |  | SOLE |  | 450 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 40519 | 198 | SH |  | SOLE |  | 198 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 2574222 | 34637 | SH |  | SOLE |  | 32452 | 0 | 2185 |
| PEDIATRIX MEDICAL GROUP INC | COM | 58502B106 |  | 41486 | 2891 | SH |  | SOLE |  | 0 | 0 | 2891 |
| PEPSICO INC | COM | 713448108 |  | 4183820 | 31686 | SH |  | SOLE |  | 30046 | 0 | 1640 |
| PHILLIPS 66 | COM | 718546104 |  | 5965 | 50 | SH |  | SOLE |  | 50 | 0 | 0 |
| POLARIS INC | COM | 731068102 |  | 4065 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| PRECISION DRILLING CORP | COM NEW | 74022D407 |  | 473 | 10 | SH |  | SOLE |  | 10 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 104992 | 659 | SH |  | SOLE |  | 659 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 24648 | 84 | SH |  | SOLE |  | 84 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 33167 | 394 | SH |  | SOLE |  | 394 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 987645 | 20368 | SH |  | SOLE |  | 19475 | 0 | 893 |
| RAYONIER ADVANCED MATLS INC | COM | 75508B104 |  | 516 | 134 | SH |  | SOLE |  | 134 | 0 | 0 |
| RAYONIER INC | COM | 754907103 |  | 9316 | 420 | SH |  | SOLE |  | 420 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 315562 | 950 | SH |  | SOLE |  | 950 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 5681493 | 38909 | SH |  | SOLE |  | 36606 | 0 | 2303 |
| SALESFORCE INC | COM | 79466L302 |  | 74990 | 275 | SH |  | SOLE |  | 275 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 6755593 | 74042 | SH |  | SOLE |  | 70590 | 0 | 3452 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 8664 | 392 | SH |  | SOLE |  | 392 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 125688 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 84492 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 67420 | 153 | SH |  | SOLE |  | 153 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 304830 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 2809364 | 4547 | SH |  | SOLE |  | 4336 | 0 | 211 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 88938 | 157 | SH |  | SOLE |  | 44 | 0 | 113 |
| SPDR SERIES TRUST | PRTFLO S GW | 78464A409 |  | 19827 | 208 | SH |  | SOLE |  | 208 | 0 | 0 |
| SPDR SERIES TRUST | PRTFLO S VL | 78464A508 |  | 8218 | 157 | SH |  | SOLE |  | 157 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 276205 | 3014 | SH |  | SOLE |  | 3014 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 7401051 | 18707 | SH |  | SOLE |  | 17817 | 0 | 890 |
| TESLA INC | COM | 88160R101 |  | 257305 | 810 | SH |  | SOLE |  | 810 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 3576158 | 8820 | SH |  | SOLE |  | 8383 | 0 | 437 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 55053 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 3722115 | 11931 | SH |  | SOLE |  | 11298 | 0 | 633 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 13442 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 49978 | 114 | SH |  | SOLE |  | 114 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 2230219 | 9411 | SH |  | SOLE |  | 8230 | 0 | 1181 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 56027 | 317 | SH |  | SOLE |  | 317 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 7904994 | 159826 | SH |  | SOLE |  | 153207 | 0 | 6619 |
| VERALTO CORP | COM SHS | 92338C103 |  | 74434 | 737 | SH |  | SOLE |  | 597 | 0 | 140 |
| VISA INC | COM CL A | 92826C839 |  | 89118 | 251 | SH |  | SOLE |  | 251 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 210 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| WAFD INC | COM | 938824109 |  | 113402 | 3873 | SH |  | SOLE |  | 3873 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 70020 | 375 | SH |  | SOLE |  | 375 | 0 | 0 |
| WORLD KINECT CORPORATION | COM | 981475106 |  | 5670 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 43707 | 642 | SH |  | SOLE |  | 642 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 105505 | 712 | SH |  | SOLE |  | 712 | 0 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 35768 | 800 | SH |  | SOLE |  | 800 | 0 | 0 |

---