Pathstone Holdings Portfolio holdings
Pathstone Holdings is the parent company of Pathstone, a privately held wealth management firm for high net worth families and institutions. Matthew Fleissig, Steve Braverman and Allan Zachariah started Pathstone in 2010 as a multi-family office owned by its partners, and Fleissig is its chief executive. Pathstone offered tax, accounting and property management as an independent firm, not part of a bank or brokerage, and it picks outside investment managers rather than selling its own products. Pathstone bought Advisor Partners, a firm that builds portfolios from an index's individual stocks, in 2022, and that business became Concentric Innovation in 2025. It also acquired Veritable LP, among the oldest multi-family offices in the US, in 2023, and merged with the wealth advisory firm Hall Capital in 2024.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Growth ETF
VUG
|
+$1.25B |
| 2 |
Vanguard Morningstar Value ETF
VTV
|
+$1.08B |
| 3 |
iShares Core MSCI Total International Stock ETF
IXUS
|
+$504M |
| 4 |
iShares Core MSCI EAFE ETF
IEFA
|
+$464M |
| 5 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$202M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CrowdStrike
CRWD
|
+$73.7M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$17.3M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$13.7M |
| 4 |
Microsoft
MSFT
|
+$13.2M |
| 5 |
Honeywell
HON
|
+$11M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 56.92% |
| 2 | Technology | 14.03% |
| 3 | Financials | 6.88% |
| 4 | Consumer Discretionary | 4.11% |
| 5 | Industrials | 4.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1726
Edgewell Personal Care
EPC
$1.36B
| $660K | ﹤0.01% |
24,579
-20,221
| -45% | -$431K |
2025 Q1
5 quarters
|
|
1727
Simmons First National
SFNC
$3.41B
| $660K | ﹤0.01% |
29,110
-802
| -3% | -$17.1K |
2024 Q3
7 quarters
|
|
1728
iShares Global Comm Services ETF
IXP
$451M
| $657K | ﹤0.01% |
5,821
| – | – |
2023 Q4
10 quarters
|
|
1729
Armstrong World Industries
AWI
$7.49B
| $656K | ﹤0.01% |
4,087
+565
| +16% | +$92.3K |
2025 Q2
4 quarters
|
|
1730
PLDT
PHI
$3.91B
| $655K | ﹤0.01% |
+37,397
| New | +$724K |
2026 Q2
0 quarters
|
|
1731
Intellia Therapeutics
NTLA
$1.57B
| $655K | ﹤0.01% |
38,782
+14,942
| +63% | +$209K |
2023 Q4
10 quarters
|
|
1732
Lemonade
LMND
$3.06B
| $654K | ﹤0.01% |
10,051
-2,858
| -22% | -$167K |
2024 Q4
6 quarters
|
|
1733
First Merchants
FRME
$2.6B
| $653K | ﹤0.01% |
14,953
-13
| -0.1% | -$528 |
2023 Q4
10 quarters
|
|
1734
Douglas Dynamics
PLOW
$862M
| $651K | ﹤0.01% |
12,069
-404
| -3% | -$18.6K |
2024 Q2
8 quarters
|
|
1735
eToro Group
ETOR
$1.71B
| $651K | ﹤0.01% |
+16,487
| New | +$621K |
2026 Q2
0 quarters
|
|
1736
DELISTED
National Storage Affiliates Trust
NSA
| $651K | ﹤0.01% |
14,628
-2,883
| -16% | -$124K |
2023 Q4
10 quarters
|
|
1737
Equitable Holdings
EQH
$14.8B
| $647K | ﹤0.01% |
14,744
-5,425
| -27% | -$227K |
2023 Q4
10 quarters
|
|
1738
Global X Data Center & Digital Infrastructure ETF
DTCR
$1.88B
| $645K | ﹤0.01% |
+21,242
| New | +$628K |
2026 Q2
0 quarters
|
|
1739
Capital Group Growth ETF
CGGR
$25.6B
| $640K | ﹤0.01% |
13,568
| – | – |
2024 Q3
7 quarters
|
|
1740
Fox Class B
FOX
$25.5B
| $639K | ﹤0.01% |
13,638
-2,435
| -15% | -$135K |
2023 Q4
10 quarters
|
|
1741
Vanguard FTSE Pacific ETF
VPL
$8.18B
| $638K | ﹤0.01% |
5,517
+1,267
| +30% | +$140K |
2025 Q1
5 quarters
|
|
1742
Acadian Asset Management
AAMI
$3.39B
| $637K | ﹤0.01% |
8,913
+3,683
| +70% | +$257K |
2026 Q1
1 quarter
|
|
1743
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$21B
| $637K | ﹤0.01% |
12,680
-998
| -7% | -$50.2K |
2023 Q4
10 quarters
|
|
1744
iShares US Energy ETF
IYE
$1.75B
| $636K | ﹤0.01% |
11,231
+529
| +5% | +$32.1K |
2023 Q4
10 quarters
|
|
1745
ServisFirst Bancshares
SFBS
$4.56B
| $635K | ﹤0.01% |
14,640
-922
| -6% | -$36.4K |
2023 Q4
10 quarters
|
|
1746
Calamos Strategic Total Return Fund
CSQ
$3.12B
| $635K | ﹤0.01% |
30,885
| – | – |
2024 Q2
8 quarters
|
|
1747
Arm
ARM
$194B
| $634K | ﹤0.01% |
1,789
-211
| -11% | -$56.1K |
2025 Q3
3 quarters
|
|
1748
Beta Technologies Inc
BETA
$6.6B
| $634K | ﹤0.01% |
37,788
+21,138
| +127% | +$352K |
2025 Q4
2 quarters
|
|
1749
Global X Copper Miners ETF NEW
COPX
$6.11B
| $634K | ﹤0.01% |
8,233
+585
| +8% | +$48.7K |
2024 Q2
8 quarters
|
|
1750
DraftKings
DKNG
$9.6B
| $634K | ﹤0.01% |
25,079
+11,649
| +87% | +$287K |
2023 Q4
10 quarters
|
|
Similar funds
Pathstone Holdings's Q2 2026 Portfolio in Review
As of Q2 2026, Pathstone Holdings held 2,429 positions worth $34.3B, up 37% from $25.1B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Pathstone Holdings deployed $5.75B of net new capital in Q2 2026, opening 207 new positions and adding to 1,120 existing holdings. Its largest new stake was Vanguard Total Corporate Bond ETF: 979,361 shares worth $75.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 57% of assets, up from 50% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was CrowdStrike, an estimated $73.7M trimmed.
- Pathstone Holdings's largest Q2 2026 buy was Vanguard Total Corporate Bond ETF: 979,361 shares worth $75.2M.
- Pathstone Holdings added most to Vanguard Morningstar Growth ETF in Q2 2026, an estimated $1.25B increase.
- Pathstone Holdings's biggest Q2 2026 reduction was CrowdStrike, cutting an estimated $73.7M.
- Pathstone Holdings fully exited Western Asset Emerging Markets Debt Fund in Q2 2026, selling an estimated $8.89M.
- Pathstone Holdings's ten largest holdings make up 31% of its $34.3B portfolio in Q2 2026.
- Pathstone Holdings opened 207 new positions and closed 99 in Q2 2026.
- Pathstone Holdings's portfolio value rose 37% quarter-over-quarter to $34.3B.
Based on Pathstone Holdings's 13F filing for Q2 2026, filed 13 Aug 2026.