DOSSIER · 13F-HR · Q1 2026

Pathstone Holdings, LLC

$25.1B in tracked AUM across 4,659 positions as of Q1 2026.

PH
CIK 0002011612 · last filed Mar 31, 2026
Total AUM
$25.1B
as of Q1 2026
Holdings
4,659
positions
Whale Score
56
56
tracked
Activity
no data
changes this Q
AI Analysis · Q1 2026
Portfolio Overview

Pathstone Holdings, LLC manages a substantial, diversified portfolio valued at approximately $26.17 billion as of September 30, 2025. The firm exhibits a core-satellite investment strategy, heavily relying on broad market ETFs to establish a baseline while allocating significant capital to high-conviction individual equities. The portfolio is highly fragmented, comprising 5,208 total holdings, which suggests a strategy aimed at broad market exposure and risk mitigation thr...

During the quarter, the portfolio experienced a modest growth of 3.5%, increasing from $25.29 billion. The management activity during this period was characterized by a defensive posture, as evidenced by a higher number of stake reductions (32) compared to increases (16). The firm appears to prioritize liquidity and broad market access, with a heavy emphasis on passive investment vehicles while maintaining an active overlay in specific growth sectors.

Key Holdings
Analysis generated by 13F Insight from SEC Form 13F filing data · Q1 2026. Methodology

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
IVV
ISHARES TR
$1.5B2.3M6.0%
02
SPY
STATE STR SPDR S&P 500 ETF T
$1.4B2.2M5.6%
03
VOO
VANGUARD INDEX FDS
$995M1.7M4.0%
04
AAPL
APPLE INC
$739M2.9M2.9%
05
MSFT
MICROSOFT CORP
$641M1.7M2.6%
06
NVDA
NVIDIA CORPORATION
$597M3.4M2.4%
07
MDY
STATE STR SPDR S&P MIDCAP 40
$518M840K2.1%
08
IJH
ISHARES TR
$478M7.1M1.9%
09
IWB
ISHARES TR
$397M1.1M1.6%
10
VEA
VANGUARD TAX-MANAGED FDS
$342M5.3M1.4%

Filing history

2026Q1Mar 31
$25.1B 3.0%
4,659 positionsView →
2025Q4Dec 31
$25.9B 0.9%
4,717 positionsView →
2025Q3Sep 30
$26.2B 3.5%
5,208 positionsView →
2025Q2Jun 30
$25.3B 9.6%
4,644 positionsLocked
2025Q1Mar 31
$23.1B 1.9%
4,716 positionsLocked
2024Q4Dec 31
$22.6B 0.1%
5,071 positionsLocked
2024Q3Sep 30
$22.6B 2.0%
5,053 positionsLocked
2024Q2Jun 30
$22.2B 3.2%
5,030 positionsLocked
2024Q1Mar 31
$21.5B 15.1%
4,993 positionsLocked
2023Q4Dec 31
$18.6B
4,493 positionsLocked