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Bristlecone Advisors, LLC Historic Quarter Change: Foreign Stocks, Reduced

Bristlecone Advisors, LLC historic quarter change: Foreign Stocks, Reduced

In share positions in stocks (depositary receipts and foreign shares traded over the counter), over 10 quarters from 2015-12-31 to 2025-09-30, Bristlecone Advisors, LLC opened 3 positions, added to 11, reduced 11 and sold out of 7.

  • Q3 2025: Stock NVO; Country of operation —; Class ADR; Shares before 15,260.
  • Q2 2025: Stock NVO; Country of operation —; Class ADR; Shares before 24,869.
  • Q1 2025: Stock TSM; Country of operation —; Class SPONSORED ADS; Shares before 3,498.
  • Q4 2024: Stock BHP; Country of operation —; Class SPONSORED ADS; Shares before 12,957.

Each consecutive pair of Form 13F-HR filings compared (SEC CIK 1671716), 10 quarters: Q3 2025 (2025-06-30 to 2025-09-30, filed 2025-10-24); Q2 2025 (2025-03-31 to 2025-06-30, filed 2025-08-04); Q1 2025 (2024-12-31 to 2025-03-31, filed 2025-05-12); Q4 2024 (2024-09-30 to 2024-12-31, filed 2025-01-29); Q3 2024 (2024-06-30 to 2024-09-30, filed 2024-10-24); Q2 2024 (2024-03-31 to 2024-06-30, filed 2024-07-25); Q1 2024 (2023-12-31 to 2024-03-31, filed 2024-04-22); Q3 2016 (2016-06-30 to 2016-09-30, filed 2016-10-12); Q2 2016 (2016-03-31 to 2016-06-30, filed 2016-08-15); Q1 2016 (2015-12-31 to 2016-03-31, filed 2016-05-10). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move. Only the filings held here are compared; the firm's 13F-HR filings go back to the quarter ended 2015-12-31. Not compared, as a quarter between them is not held here yet: 2016-09-30 to 2023-12-31 (missing 2016-12-31, 2017-03-31, 2017-06-30, 2017-09-30, 2017-12-31, 2018-03-31, 2018-06-30, 2018-09-30, 2018-12-31, 2019-03-31, 2019-06-30, 2019-09-30, 2019-12-31, 2020-03-31, 2020-06-30, 2020-09-30, 2020-12-31, 2021-03-31, 2021-06-30, 2021-09-30, 2021-12-31, 2022-03-31, 2022-06-30, 2022-09-30, 2022-12-31, 2023-03-31, 2023-06-30, 2023-09-30).

QuarterStockCountry of operationClassShares beforeShares afterShare changeValue beforeValue afterValue changeFiled
Q3 2025NVO
NOVO-NORDISK A S
ADR15,2606,875-8,385$1,053,246$381,494-$671,7522025-10-24
Q2 2025NVO
NOVO-NORDISK A S
ADR24,86915,260-9,609$1,726,904$1,053,246-$673,6582025-08-04
Q1 2025TSM
TAIWAN SEMICONDUCTOR MFG LTD
SPONSORED ADS3,4983,483-15$690,821$578,178-$112,6432025-05-12
Q4 2024BHP
BHP GROUP LTD
SPONSORED ADS12,95712,856-101$804,760$627,759-$177,0012025-01-29
Q3 2024JD
JD.COM INC
SPON ADS CL A8,8798,828-51$229,434$353,120+$123,6862024-10-24
Q3 2024NVS
NOVARTIS AG
SPONSORED ADR2,7551,787-968$293,298$205,541-$87,7572024-10-24
Q1 2024SQM
SOCIEDAD QUIMICA Y MINERA DE
SPON ADR SER B5,8855,060-825$354,395$248,750-$105,6452024-04-22
Q3 2016NVS
NOVARTIS A G
SPONSORED ADR30,06029,925-135$2,480,000$2,363,000-$117,0002016-10-12
Q3 2016DEO
DIAGEO P L C
SPON ADR NEW3,7203,700-20$420,000$429,000+$9,0002016-10-12
Q2 2016DEO
DIAGEO P L C
SPON ADR NEW3,9003,720-180$420,693,000$420,000-$420,273,0002016-08-15
Q1 2016DEO
DIAGEO P L C
SPON ADR NEW4,3003,900-400$469,000$420,693,000+$420,224,0002016-05-10

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