Institution

Pathstone Holdings, LLC

13F for the quarter to June 30, 2026, filed August 13, 2026 · SEC CIK 2011612

Reported value: $34.3bn
Positions we cover: 1,649
Copy, a year: +15.7%
Copy Sharpe ratio: 0.78

How copying its 13F would have done

CopyS&P 500 $10,000 copying Pathstone Holdings, LLC's filed holdings in companies we cover from February 16, 2024, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −17.2% (S&P 500 −16.9%); beta 0.98; alpha −1.7% a year (t = −0.85); last 12 months +11.9% against +12.1%.

Reported value by quarter

Pathstone Holdings, LLC: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2023-12-31	$18.4B
2024-03-31	$21.2B
2024-06-30	$22.1B
2024-09-30	$22.3B
2024-12-31	$22.6B
2025-03-31	$23.1B
2025-06-30	$25.3B
2025-09-30	$26.2B
2025-12-31	$25.9B
2026-03-31	$25.1B
2026-06-30	$34.3B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
AAPLApple Inc.	2.48%	$850.6m	2.93M	+0.8% Added
NVDANVIDIA Corporation	2.05%	$703.7m	3.51M	+2.4% Added
MSFTMicrosoft Corporation	1.85%	$635.0m	1.70M	−1.9% Reduced
AMZNAmazon	1.08%	$370.4m	1.55M	+4.3% Added
GOOGLAlphabet Inc. (Class A)	1.02%	$350.5m	978.4K	+8.0% Added
KOThe Coca-Cola Company	0.79%	$271.9m	3.34M	+2.2% Added
TSLATesla, Inc.	0.65%	$224.5m	532.8K	+5.6% Added
AVGOBroadcom	0.65%	$223.1m	589.0K	+4.8% Added
MUMicron Technology	0.55%	$188.3m	162.8K	+5.2% Added
JPMJPMorgan Chase	0.51%	$175.4m	534.7K	+8.3% Added
METAMeta Platforms	0.50%	$170.2m	301.3K	+2.7% Added
JNJJohnson & Johnson	0.48%	$163.4m	642.7K	+64.0% Added
LLYLilly (Eli)	0.42%	$143.1m	118.9K	+3.0% Added
DISThe Walt Disney Company	0.39%	$134.1m	1.39M	+1.1% Added
AMDAdvanced Micro Devices	0.37%	$125.5m	215.3K	+11.8% Added
LRCXLam Research	0.35%	$119.5m	274.3K	+4.5% Added
KDPKeurig Dr Pepper	0.31%	$107.6m	3.29M	+53.5% Added
VVisa Inc.	0.30%	$101.6m	295.6K	+1.8% Added
AMATApplied Materials	0.29%	$99.5m	137.5K	−1.8% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD	0.28%	$96.2m	201.4K	−1.0% Reduced
SLABSilicon Laboratories Inc.	0.27%	$93.3m	427.0K	+0.5%
MAMastercard	0.27%	$90.9m	176.3K	+13.3% Added
COSTCostco	0.26%	$88.6m	94.6K	+0.4%
MRKMerck & Co.	0.23%	$77.1m	599.4K	+24.7% Added
ABBVAbbVie	0.22%	$75.1m	298.0K	+20.4% Added
CATCaterpillar Inc.	0.21%	$73.1m	68.4K	+5.7% Added
CSCOCisco	0.21%	$71.9m	611.0K	+5.6% Added
MARMarriott International	0.21%	$71.1m	191.6K	−5.2% Reduced
INTCIntel	0.20%	$68.8m	491.4K	+13.3% Added
TJXTJX Companies	0.20%	$68.5m	450.9K	−3.1% Reduced
GEGE Aerospace	0.19%	$66.0m	176.2K	+4.2% Added
WMTWalmart	0.19%	$63.8m	559.9K	+1.5% Added
HDThe Home Depot	0.18%	$62.8m	177.6K	+3.5% Added
GEVGE Vernova	0.17%	$59.3m	50.4K	+3.6% Added
NFLXNetflix	0.17%	$58.0m	810.0K	−9.2% Reduced
BACBank of America	0.17%	$57.8m	1.01M	+1.7% Added
UNHUnitedHealth Group	0.16%	$54.9m	131.4K	+10.5% Added
PMPhilip Morris International	0.16%	$53.8m	296.5K	+3.1% Added
GSGoldman Sachs	0.15%	$52.9m	52.2K	+13.9% Added
PGProcter & Gamble	0.15%	$51.3m	349.3K	+25.0% Added
ORCLOracle Corporation	0.15%	$51.0m	346.5K	+5.0% Added
KLACKLA Corporation	0.15%	$51.0m	168.6K	+867.1% Added
ASMLAsml Holding NV	0.15%	$50.8m	25.5K	+1.2% Added
CVXChevron Corporation	0.14%	$48.0m	288.9K	+2.8% Added
GLWCorning Inc.	0.14%	$47.2m	184.5K	+4.4% Added
STXSeagate Technology	0.14%	$46.2m	47.8K	+4.7% Added
UBERUber	0.13%	$43.7m	604.7K	+0.1%
SNDKSandisk	0.12%	$41.3m	18.1K	−1.2% Reduced
MSMorgan Stanley	0.11%	$39.1m	186.6K	+6.0% Added
IBMIBM	0.11%	$38.9m	138.0K	+16.4% Added
RTXRTX Corporation	0.11%	$38.7m	203.0K	+5.4% Added
LINLinde plc	0.11%	$38.5m	74.0K	+2.0% Added
AXPAmerican Express	0.11%	$38.0m	112.1K	+5.0% Added
TMOThermo Fisher Scientific	0.11%	$36.8m	73.0K	+4.1% Added
MRVLMarvell Technology	0.11%	$36.8m	123.4K	−10.8% Reduced
PAGPPlains GP Holdings LP	0.11%	$36.4m	1.50M	+436.8% Added
TXNTexas Instruments	0.11%	$36.3m	121.5K	+2.5% Added
WFCWells Fargo	0.10%	$36.1m	436.0K	+2.9% Added
DHRDanaher Corporation	0.10%	$35.8m	187.6K	−0.9% Reduced
CBChubb Limited	0.10%	$35.2m	103.0K	+0.9% Added
ETNEaton Corporation	0.10%	$35.0m	80.9K	+8.9% Added
AMGNAmgen	0.10%	$34.8m	96.0K	+4.1% Added
AZNAstrazeneca PLC	0.10%	$33.6m	177.2K	+4.0% Added
MCDMcDonald's	0.10%	$33.5m	123.4K	+6.8% Added
DEDeere & Company	0.10%	$33.1m	51.9K	+18.3% Added
PANWPalo Alto Networks	0.10%	$33.0m	96.6K	−5.6% Reduced
APHAmphenol	0.10%	$33.0m	184.9K	−2.9% Reduced
MRSHMarsh McLennan	0.10%	$32.8m	196.8K	−1.8% Reduced
ABTAbbott Laboratories	0.09%	$31.1m	342.4K	+29.9% Added
DASHDoorDash	0.09%	$30.9m	167.4K	+18.4% Added
UNPUnion Pacific Corporation	0.09%	$30.8m	113.1K	−8.0% Reduced
PGRProgressive Corporation	0.09%	$30.7m	140.4K	−11.9% Reduced
PEPPepsiCo	0.09%	$30.3m	223.1K	+4.6% Added
LOWLowe's	0.09%	$29.3m	132.3K	−0.2%
CDNSCadence Design Systems Inc	0.08%	$28.2m	74.5K	+19.5% Added
CMCSAComcast	0.08%	$27.6m	1.13M	−8.1% Reduced
ADIAnalog Devices	0.08%	$26.8m	67.2K	+1.9% Added
CCitigroup	0.08%	$26.2m	186.5K	+6.1% Added
PWRQuanta Services	0.08%	$25.9m	35.7K	+0.9% Added
BABoeing	0.07%	$25.8m	118.8K	+2.2% Added
DDominion Energy	0.07%	$25.4m	371.2K	+3.0% Added
SPOTSpotify Technology S.a.	0.07%	$25.2m	54.9K	+46.2% Added
NEENextEra Energy	0.07%	$25.2m	286.3K	+1.0% Added
NDAQNasdaq, Inc.	0.07%	$24.7m	313.1K	−5.7% Reduced
QCOMQualcomm	0.07%	$24.1m	130.4K	+13.1% Added
CRWDCrowdStrike	0.07%	$24.1m	31.5K	−80.5% Reduced
SHOPShopify Inc.	0.07%	$23.2m	203.0K	−13.1% Reduced
EFOREverforth Inc	0.07%	$22.9m	1.28M	+6.5% Added
VRTXVertex Pharmaceuticals	0.07%	$22.9m	46.0K	+3.8% Added
COFCapital One	0.07%	$22.8m	113.4K	+1.1% Added
ISRGIntuitive Surgical	0.07%	$22.6m	56.4K	−4.2% Reduced
APPApplovin Corp	0.06%	$22.0m	42.7K	+61.3% Added
URIUnited Rentals	0.06%	$21.8m	19.2K	−1.0% Reduced
ADPAutomatic Data Processing	0.06%	$21.5m	95.8K	+17.0% Added
BLKBlackRock	0.06%	$21.0m	21.8K	+4.9% Added
SPGIS&P Global	0.06%	$20.6m	50.6K	−1.2% Reduced
PNCPNC Financial Services	0.06%	$20.2m	82.0K	+3.9% Added
GWWW. W. Grainger	0.06%	$19.8m	14.5K	−2.3% Reduced
SCHWCharles Schwab Corporation	0.06%	$19.6m	207.6K	+1.9% Added
PLTRPalantir Technologies Inc.	0.06%	$19.4m	165.9K	+1.2% Added
TTTrane Technologies	0.06%	$19.4m	39.5K	+0.3%
ANETArista Networks	0.06%	$19.4m	113.8K	+6.2% Added
COPConocoPhillips	0.06%	$19.4m	186.1K	+4.0% Added
LITELumentum	0.06%	$19.4m	22.5K	−11.6% Reduced
SAPSAP SE	0.06%	$19.3m	125.5K	−3.0% Reduced
VZVerizon	0.06%	$19.3m	455.4K	−14.5% Reduced
BKNGBooking Holdings	0.06%	$19.1m	107.0K	+2413.2% Added
CVSCVS Health	0.06%	$18.8m	181.3K	+7.1% Added
TAT&T	0.06%	$18.8m	903.0K	+12.2% Added
VACMarriott Vacations Worldwide Corp	0.05%	$18.5m	181.3K	+1.6% Added
MCKMcKesson	0.05%	$18.4m	24.4K	+1.9% Added
MPCMarathon Petroleum	0.05%	$17.6m	68.8K	+19.0% Added
WDCWestern Digital	0.05%	$17.4m	26.8K	−14.0% Reduced
NVONovo Nordisk A S	0.05%	$17.2m	358.9K	+10.2% Added
CMICummins	0.05%	$17.2m	24.0K	+1.8% Added
VRTVertiv	0.05%	$17.1m	51.1K	−5.2% Reduced
GILDGilead Sciences	0.05%	$17.0m	134.1K	+13.7% Added
TMUST-Mobile US	0.05%	$16.9m	99.9K	+36.5% Added
DDOGDatadog, Inc.	0.05%	$16.9m	64.7K	−12.4% Reduced
TRVThe Travelers Companies	0.05%	$16.7m	50.6K	+3.2% Added
PHParker Hannifin	0.05%	$16.6m	16.9K	−6.9% Reduced
HSBCHsbc Holdings PLC	0.05%	$16.6m	174.8K	−0.8% Reduced
ECLEcolab	0.05%	$16.6m	59.0K	+4.8% Added
SYKStryker Corporation	0.05%	$16.4m	51.5K	−1.5% Reduced
USBU.S. Bancorp	0.05%	$16.3m	268.1K	−0.5% Reduced
SBUXStarbucks	0.05%	$16.0m	155.9K	+5.9% Added
PFEPfizer	0.05%	$15.8m	652.9K	+2.8% Added
MOAltria	0.05%	$15.7m	217.6K	+8.5% Added
PAAPlains ALL American Pipeline LP	0.04%	$15.6m	700.8K	+131.7% Added
NEMNewmont	0.04%	$15.6m	166.5K	−7.9% Reduced
FITBFifth Third Bancorp	0.04%	$15.4m	272.7K	−0.9% Reduced
BXBlackstone Inc.	0.04%	$15.4m	130.5K	+22.3% Added
CRDOCredo Technology Group Holding Ltd	0.04%	$15.3m	56.1K	+73.2% Added
MPWRMonolithic Power Systems, Inc.	0.04%	$15.2m	10.9K	−9.0% Reduced
CPCanadian Pacific Kansas City LTD	0.04%	$15.2m	175.4K	−18.8% Reduced
DVNDevon Energy	0.04%	$15.2m	367.6K	+37.5% Added
RDDTReddit, Inc.	0.04%	$15.2m	87.5K	+935.7% Added
ELVElevance Health	0.04%	$15.1m	39.0K	+25.0% Added
BMYBristol Myers Squibb	0.04%	$15.1m	260.6K	+14.8% Added
CICigna	0.04%	$14.9m	54.0K	+11.6% Added
PLDPrologis	0.04%	$14.9m	109.5K	+6.1% Added
AMTAmerican Tower	0.04%	$14.8m	90.3K	+3.8% Added
IOTSamsara Inc.	0.04%	$14.6m	449.1K	+75.3% Added
COHRCoherent Corp.	0.04%	$14.6m	36.9K	+0.5%
LMTLockheed Martin	0.04%	$14.5m	28.5K	+7.6% Added
KBDCKayne Anderson BDC, Inc.	0.04%	$14.4m	1.06M	−4.9% Reduced
ROSTRoss Stores	0.04%	$14.3m	67.1K	−17.2% Reduced
SESea Ltd	0.04%	$14.3m	148.9K	+1.0% Added
SNOWSnowflake Inc.	0.04%	$14.2m	55.8K	−0.1%
ITWIllinois Tool Works	0.04%	$14.2m	52.2K	+7.8% Added

Company	Bought (value)	Shares
JNJJohnson & Johnson	$63.8m	250.8K
KLACKLA Corporation	$45.7m	151.2K
KDPKeurig Dr Pepper	$37.5m	1.15M
PAGPPlains GP Holdings LP	$29.6m	1.22M
GOOGLAlphabet Inc. (Class A)	$26.1m	72.8K
BKNGBooking Holdings	$18.4m	102.8K
NVDANVIDIA Corporation	$16.6m	82.8K
MRKMerck & Co.	$15.3m	118.8K
AMZNAmazon	$15.2m	63.8K
RDDTReddit, Inc.	$13.7m	79.1K
JPMJPMorgan Chase	$13.5m	41.2K
ABAlliancebernstein Holding L.p.	$13.3m	377.9K
HONAHoneywell Aerospace	$13.3m	60.0K
AMDAdvanced Micro Devices	$13.3m	22.7K
HONHoneywell Technologies	$13.2m	58.6K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
CRWDCrowdStrike	−$99.2m	−129.7K
MSFTMicrosoft Corporation	−$12.2m	−32.7K
NFLXNetflix	−$5.9m	−82.2K
MRVLMarvell Technology	−$4.5m	−14.9K
DELLDell Technologies	−$4.2m	−9.7K
PGRProgressive Corporation	−$4.2m	−19.0K
MARMarriott International	−$3.9m	−10.5K
SGHTSight Sciences, Inc.	−$3.9m	−718.4K
CPCanadian Pacific Kansas City LTD	−$3.5m	−40.7K
SHOPShopify Inc.	−$3.5m	−30.5K
CRMSalesforce	−$3.4m	−21.4K
VZVerizon	−$3.3m	−77.0K
ROSTRoss Stores	−$3.0m	−13.9K
INTUIntuit	−$3.0m	−11.4K
WDCWestern Digital	−$2.8m	−4.4K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
FMCFMC Corp	$1.6m	90.7K
EXKEndeavour Silver Corp	$1.4m	151.0K
GTGoodyear Tire & Rubber Co	$1.4m	210.0K
NOGNorthern OIL & GAS, Inc.	$1.3m	43.1K
MMSMaximus, Inc.	$1.0m	16.3K
STLAStellantis N.V.	$838,606	118.3K
WIXWix.com Ltd.	$739,316	8.2K
SHAKShake Shack Inc.	$575,675	6.5K
JDJd.com, Inc.	$539,028	18.2K
TXG10x Genomics, Inc.	$537,034	25.3K
BSYBentley Systems Inc	$522,210	14.9K
FRPTFreshpet, Inc.	$480,603	8.2K
TDSTelephone & Data Systems Inc	$447,565	10.6K
PEGAPegasystems Inc	$420,100	9.9K
DOCSDoximity, Inc.	$407,752	17.5K
PSNParsons Corp	$394,142	7.3K
CRCCalifornia Resources Corp	$392,056	5.7K
PRGSProgress Software Corp	$369,309	14.4K
BCOBrinks Co	$342,312	3.3K
TMDXTransmedics Group, Inc.	$321,891	3.2K
WKWorkiva Inc	$320,048	5.4K
BRBRBellring Brands, Inc.	$319,322	19.8K
IIINInsteel Industries Inc	$290,770	8.7K
FIPFtai Infrastructure Inc.	$265,802	53.8K
AZTAAzenta, Inc.	$263,406	12.5K
MICCMagnum Ice Cream Co N.V.	$254,287	17.0K
PPTAPerpetua Resources Corp.	$248,440	8.8K
LTHLife Time Group Holdings, Inc.	$245,020	9.1K
ZTOZTO Express (cayman) Inc.	$231,263	9.2K
GEFGreif, Inc	$228,841	3.4K

Technology34.8%
Financials12.7%
Industrials10.7%
Consumer Discretionary10.0%
Health Care9.5%
Communication Services6.9%
Consumer Staples6.6%
Energy3.1%
Materials2.3%
Real Estate1.7%
Utilities1.6%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestFebruary 16, 2024 to November 2, 2026	+15.7%	+17.9%	0.78	0.91	−17.2%	0.98
Last yearNovember 7, 2025 to November 2, 2026	+13.5%	+14.2%	0.80	0.84	−9.5%	0.91

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.