Coldstream Capital Management Portfolio holdings
Coldstream Capital Management, which does business as Coldstream Wealth Management, is an employee-owned wealth management firm that has served high net worth clients since 1996. Don Gher, Roger Reynolds, David Hudson and Bob McNulty founded it that year, and the name comes from the Coldstream Guards, a British regiment whose motto is "Second to None". The firm has grown largely by taking in other firms, among them Genesee Investment in 2012, Ascent Capital in 2013 and Arnerich Massena in 2024, and it sits under the parent company Coldstream Holdings. Ascent Capital, a wholly owned subsidiary of Coldstream Capital Management, runs the Ascent funds, which are real estate lending partnerships investing in projects in the Pacific Northwest. Client portfolios combine the firm's own expertise with outside managers across global stocks, global bonds and alternative investments, and its clients include individuals, pension plans and charities.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class A
BRK.A
|
+$4.35B |
| 2 |
State Street SPDR S&P Dividend ETF
SDY
|
+$92.1M |
| 3 |
Quanta Services
PWR
|
+$62.7M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$50.2M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$46.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dimensional International Core Equity Market ETF
DFAI
|
+$227M |
| 2 |
Vanguard Morningstar Value ETF
VTV
|
+$137M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$115M |
| 4 |
Vanguard Morningstar Growth ETF
VUG
|
+$91.6M |
| 5 |
Dimensional US Large Cap Value ETF
DFLV
|
+$86.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 59.89% |
| 2 | Technology | 16.89% |
| 3 | Financials | 4.62% |
| 4 | Consumer Discretionary | 4.25% |
| 5 | Industrials | 4.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1001
HubSpot
HUBS
$11.8B
| $276K | ﹤0.01% |
1,510
-1,618
| -52% | -$338K |
2023 Q4
10 quarters
|
|
1002
Axos Financial
AX
$5.27B
| $276K | ﹤0.01% |
2,829
-3,188
| -53% | -$287K |
2025 Q1
5 quarters
|
|
1003
AppFolio
APPF
$7.2B
| $275K | ﹤0.01% |
1,717
+66
| +4% | +$10.5K |
2025 Q3
3 quarters
|
|
1004
State Street Industrial Select Sector SPDR ETF
XLI
$31B
| $274K | ﹤0.01% |
1,481
+148
| +11% | +$25.7K |
2026 Q1
1 quarter
|
|
1005
DELISTED
National Storage Affiliates Trust
NSA
| $274K | ﹤0.01% |
+6,157
| New | +$264K |
2026 Q2
0 quarters
|
|
1006
iShares US Industrials ETF
IYJ
$1.82B
| $274K | ﹤0.01% |
1,642
| – | – |
2024 Q3
7 quarters
|
|
1007
Repligen
RGEN
$11.9B
| $273K | ﹤0.01% |
2,003
+97
| +5% | +$11.9K |
2021 Q4
18 quarters
|
|
1008
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.39B
| $272K | ﹤0.01% |
4,978
-2,131
| -30% | -$112K |
2024 Q2
8 quarters
|
|
1009
Domino's
DPZ
$10.3B
| $271K | ﹤0.01% |
916
+69
| +8% | +$22.7K |
2023 Q4
10 quarters
|
|
1010
StandardAero Inc
SARO
$7.56B
| $271K | ﹤0.01% |
+9,064
| New | +$238K |
2026 Q2
0 quarters
|
|
1011
Boot Barn
BOOT
$3.7B
| $271K | ﹤0.01% |
1,649
+162
| +11% | +$26.3K |
2024 Q3
7 quarters
|
|
1012
Everforth Inc
EFOR
$1.59B
| $271K | ﹤0.01% |
+15,150
| New | +$370K |
2026 Q2
0 quarters
|
|
1013
GATX Corp
GATX
$6.38B
| $270K | ﹤0.01% |
1,523
+13
| +0.9% | +$2.37K |
2024 Q1
9 quarters
|
|
1014
Hamilton Lane
HLNE
$4.68B
| $270K | ﹤0.01% |
3,419
+593
| +21% | +$52.7K |
2025 Q4
2 quarters
|
|
1015
Insulet
PODD
$10.5B
| $269K | ﹤0.01% |
1,764
+258
| +17% | +$43K |
2024 Q2
8 quarters
|
|
1016
Innovator US Equity Power Buffer ETF December
PDEC
$992M
| $269K | ﹤0.01% |
5,851
-156
| -3% | -$7.02K |
2024 Q3
7 quarters
|
|
1017
Healthcare Realty
HR
$6.04B
| $267K | ﹤0.01% |
13,227
-3,518
| -21% | -$68.3K |
2025 Q1
5 quarters
|
|
1018
United States Oil Fund
USO
$1.82B
| $266K | ﹤0.01% |
2,500
| – | – |
2026 Q1
1 quarter
|
|
1019
Equitable Holdings
EQH
$15.1B
| $266K | ﹤0.01% |
6,053
-39
| -0.6% | -$1.63K |
2024 Q3
7 quarters
|
|
1020
Manulife Financial
MFC
$74.7B
| $265K | ﹤0.01% |
6,553
-397
| -6% | -$15.4K |
2026 Q1
1 quarter
|
|
1021
iShares iBonds Dec 2030 Term Treasury ETF
IBTK
$1.21B
| $265K | ﹤0.01% |
13,578
-1,161
| -8% | -$22.7K |
2024 Q4
6 quarters
|
|
1022
HDFC Bank
HDB
$111B
| $265K | ﹤0.01% |
10,256
-2,532
| -20% | -$63.4K |
2024 Q3
7 quarters
|
|
1023
AZZ Inc
AZZ
$4.11B
| $265K | ﹤0.01% |
1,707
+4
| +0.2% | +$569 |
2026 Q1
1 quarter
|
|
1024
iShares MSCI USA Min Vol Factor ETF
USMV
$24.1B
| $264K | ﹤0.01% |
2,736
-815
| -23% | -$77.3K |
2022 Q2
16 quarters
|
|
1025
LPL Financial
LPLA
$21.7B
| $262K | ﹤0.01% |
931
-182
| -16% | -$54.6K |
2022 Q4
14 quarters
|
|
Similar funds
Coldstream Capital Management's Q2 2026 Portfolio in Review
As of Q2 2026, Coldstream Capital Management held 1,320 positions worth $7.99B, down 1.6% from $8.12B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Coldstream Capital Management deployed $3.32B of net new capital in Q2 2026, opening 129 new positions and adding to 398 existing holdings. Its largest new stake was State Street SPDR S&P Dividend ETF: 618,230 shares worth $94.1M.
By sector, the portfolio is most concentrated in Miscellaneous at 60% of assets, down from 64% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Dimensional International Core Equity Market ETF, an estimated $227M trimmed.
- Coldstream Capital Management's largest Q2 2026 buy was State Street SPDR S&P Dividend ETF: 618,230 shares worth $94.1M.
- Coldstream Capital Management added most to Berkshire Hathaway Class A in Q2 2026, an estimated $4.35B increase.
- Coldstream Capital Management's biggest Q2 2026 reduction was Dimensional International Core Equity Market ETF, cutting an estimated $227M.
- Coldstream Capital Management fully exited State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF in Q2 2026, selling an estimated $70.4M.
- Coldstream Capital Management's ten largest holdings make up 37% of its $7.99B portfolio in Q2 2026.
- Coldstream Capital Management opened 129 new positions and closed 101 in Q2 2026.
- Coldstream Capital Management's portfolio value fell 1.6% quarter-over-quarter to $7.99B.
Based on Coldstream Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.