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 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$18.4M |
| 2 |
Air Products & Chemicals
APD
|
+$1.9M |
| 3 |
Automatic Data Processing
ADP
|
+$1.9M |
| 4 |
Medtronic
MDT
|
+$1.9M |
| 5 |
NextEra Energy
NEE
|
+$1.89M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$6.77M |
| 2 |
GE Aerospace
GE
|
+$2.4M |
| 3 |
Leggett & Platt
LEG
|
+$2.36M |
| 4 |
Vanguard Real Estate ETF
VNQ
|
+$2.28M |
| 5 |
Broadridge
BR
|
+$2.19M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 59.55% |
| 2 | Technology | 13.45% |
| 3 | Consumer Discretionary | 5.93% |
| 4 | Industrials | 5.09% |
| 5 | Financials | 3.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.89T
| $45.7M | 8.11% |
793,915
-18,098
| -2% | -$1.02M |
2013 Q2
13 quarters
|
|
2
Vanguard Morningstar Large-Cap ETF
VV
$53.6B
| $45.7M | 8.09% |
460,427
-17,476
| -4% | -$1.73M |
2013 Q2
13 quarters
|
|
3
Vanguard Morningstar Growth ETF
VUG
$219B
| $44.2M | 7.84% |
2,363,736
+50,838
| +2% | +$946K |
2013 Q2
13 quarters
|
|
4
Vanguard Extended Market ETF
VXF
$30.2B
| $27.9M | 4.95% |
305,766
-12,498
| -4% | -$1.12M |
2013 Q2
13 quarters
|
|
5
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.77B
| $26.6M | 4.72% |
1,073,236
-57,269
| -5% | -$1.4M |
2015 Q3
4 quarters
|
|
|
6
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $21.7M | 3.84% |
575,469
+493,439
| +602% | +$18.4M |
2013 Q2
13 quarters
|
|
|
7
Vanguard Real Estate ETF
VNQ
$38.6B
| $16.4M | 2.9% |
188,718
-25,567
| -12% | -$2.28M |
2013 Q2
13 quarters
|
|
8
Vanguard Morningstar Value ETF
VTV
$197B
| $16.1M | 2.85% |
184,935
+902
| +0.5% | +$78.6K |
2013 Q2
13 quarters
|
|
9
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $13.3M | 2.35% |
118,463
-3,879
| -3% | -$435K |
2016 Q1
2 quarters
|
|
10
Vanguard Dividend Appreciation ETF
VIG
$118B
| $12.4M | 2.19% |
147,376
-1,455
| -1% | -$123K |
2013 Q2
13 quarters
|
|
11
Alerian MLP ETF
AMLP
$12.4B
| $11.5M | 2.05% |
181,996
-1,731
| -0.9% | -$109K |
2015 Q1
6 quarters
|
|
12
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.28B
| $11.2M | 1.98% |
224,267
+32,414
| +17% | +$1.65M |
2015 Q2
5 quarters
|
|
13
Vanguard Morningstar Mid-Cap ETF
VO
$108B
| $10.4M | 1.85% |
322,648
-5,904
| -2% | -$189K |
2013 Q4
11 quarters
|
|
14
iShares Russell Mid-Cap ETF
IWR
$58.7B
| $9.9M | 1.76% |
227,692
-2,652
| -1% | -$115K |
2013 Q2
13 quarters
|
|
15
State Street SPDR S&P 500 ETF Trust
SPY
$800B
| $9.9M | 1.75% |
45,606
+673
| +1% | +$145K |
2013 Q2
13 quarters
|
|
16
Vanguard Morningstar Small-Cap ETF
VB
$79B
| $9.06M | 1.61% |
74,129
-5,106
| -6% | -$618K |
2013 Q2
13 quarters
|
|
17
Starbucks
SBUX
$121B
| $8.7M | 1.54% |
160,747
-16,591
| -9% | -$928K |
2013 Q2
13 quarters
|
|
18
iShares Currency Hedged MSCI Emerging Markets
HEEM
$276M
| $7.75M | 1.37% |
351,260
+3,799
| +1% | +$82.3K |
2015 Q3
4 quarters
|
|
19
Intel
INTC
$317B
| $6.88M | 1.22% |
182,134
-22,605
| -11% | -$800K |
2013 Q2
13 quarters
|
|
20
Apple
AAPL
$5.18T
| $6.42M | 1.14% |
227,296
-6,540
| -3% | -$173K |
2013 Q2
13 quarters
|
|
21
iShares National Muni Bond ETF
MUB
$54.3B
| $5.31M | 0.94% |
47,062
-1,266
| -3% | -$143K |
2015 Q1
6 quarters
|
|
22
Johnson & Johnson
JNJ
$688B
| $4.91M | 0.87% |
41,576
-3,181
| -7% | -$386K |
2013 Q2
13 quarters
|
|
23
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $4.88M | 0.87% |
39,629
+309
| +0.8% | +$38.1K |
2015 Q1
6 quarters
|
|
24
Nike
NKE
$56.4B
| $3.89M | 0.69% |
73,858
+29,693
| +67% | +$1.68M |
2015 Q3
4 quarters
|
|
25
Boeing
BA
$136B
| $3.88M | 0.69% |
29,463
-15,511
| -34% | -$2.04M |
2013 Q2
13 quarters
|
|
Similar funds
Coldstream Capital Management's Q3 2016 Portfolio in Review
As of Q3 2016, Coldstream Capital Management held 254 positions worth $564M, down 0.03% from $564M the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Coldstream Capital Management withdrew a net $20.8M in Q3 2016, closing 27 positions and reducing 140 holdings. Its most notable exit was State Street Health Care Select Sector SPDR ETF, an estimated $6.77M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 60% of assets, up from 57% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Coldstream Capital Management opened a new position in Air Products & Chemicals worth $1.91M.
- Coldstream Capital Management's largest Q3 2016 buy was Air Products & Chemicals: 13,728 shares worth $1.91M.
- Coldstream Capital Management added most to Vanguard FTSE Emerging Markets ETF in Q3 2016, an estimated $18.4M increase.
- Coldstream Capital Management's biggest Q3 2016 reduction was GE Aerospace, cutting an estimated $2.4M.
- Coldstream Capital Management fully exited State Street Health Care Select Sector SPDR ETF in Q3 2016, selling an estimated $6.77M.
- Coldstream Capital Management's ten largest holdings make up 48% of its $564M portfolio in Q3 2016.
- Coldstream Capital Management opened 30 new positions and closed 27 in Q3 2016.
- Coldstream Capital Management's portfolio value fell 0.03% quarter-over-quarter to $564M.
Based on Coldstream Capital Management's 13F filing for Q3 2016, filed 14 Nov 2016.