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 | |
|---|---|---|---|---|---|---|---|
1776
Aegon
AEG
$12.6B
| $600K | ﹤0.01% |
71,016
-2,076
| -3% | -$17.1K |
2023 Q4
10 quarters
|
|
1777
Northrim BanCorp
NRIM
$532M
| $600K | ﹤0.01% |
21,627
-732
| -3% | -$18.2K |
2024 Q4
6 quarters
|
|
1778
Cleveland-Cliffs
CLF
$7.34B
| $597K | ﹤0.01% |
63,620
-5,818
| -8% | -$64K |
2023 Q4
10 quarters
|
|
1779
Star Bulk Carriers
SBLK
$3.18B
| $596K | ﹤0.01% |
23,875
-19,603
| -45% | -$507K |
2025 Q2
4 quarters
|
|
1780
Koppers
KOP
$557M
| $594K | ﹤0.01% |
13,236
-1,215
| -8% | -$49.7K |
2023 Q4
10 quarters
|
|
1781
Pitney Bowes
PBI
$2.13B
| $593K | ﹤0.01% |
33,859
-887
| -3% | -$13.6K |
2023 Q4
10 quarters
|
|
1782
American Airlines Group
AAL
$9.35B
| $591K | ﹤0.01% |
32,731
-2,045
| -6% | -$27.4K |
2023 Q4
10 quarters
|
|
1783
Fidelity MSCI Health Care Index ETF
FHLC
$4.04B
| $591K | ﹤0.01% |
7,646
+1,450
| +23% | +$104K |
2023 Q4
10 quarters
|
|
1784
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.7B
| $591K | ﹤0.01% |
3,700
| – | – |
2023 Q4
10 quarters
|
|
1785
Nuveen Preferred & Income Opportunities Fund
JPC
$2.66B
| $587K | ﹤0.01% |
74,508
| – | – |
2023 Q4
10 quarters
|
|
1786
CorVel
CRVL
$4.21B
| $587K | ﹤0.01% |
9,386
+1,849
| +25% | +$108K |
2023 Q4
10 quarters
|
|
1787
Portland General Electric
POR
$5.47B
| $584K | ﹤0.01% |
11,252
+282
| +3% | +$14.3K |
2025 Q3
3 quarters
|
|
1788
UFP Industries
UFPI
$4.41B
| $583K | ﹤0.01% |
6,423
-1,598
| -20% | -$139K |
2023 Q4
10 quarters
|
|
1789
Atour Lifestyle Holdings
ATAT
$4.9B
| $583K | ﹤0.01% |
18,319
+651
| +4% | +$23.3K |
2025 Q3
3 quarters
|
|
1790
Medline Inc
MDLN
$35.9B
| $582K | ﹤0.01% |
+11,029
| New | +$444K |
2026 Q2
0 quarters
|
|
1791
Eaton Vance Limited Duration Income Fund
EVV
$1B
| $582K | ﹤0.01% |
62,095
+45,627
| +277% | +$427K |
2023 Q4
10 quarters
|
|
1792
ICL Group
ICL
$6.03B
| $581K | ﹤0.01% |
116,747
-1,945
| -2% | -$11.1K |
2023 Q4
10 quarters
|
|
1793
NMI Holdings
NMIH
$2.89B
| $581K | ﹤0.01% |
14,128
-2,268
| -14% | -$86.7K |
2023 Q4
10 quarters
|
|
1794
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.25B
| $579K | ﹤0.01% |
6,010
-26,437
| -81% | -$2.55M |
2023 Q4
10 quarters
|
|
1795
iShares ESG Screened S&P 500 ETF
XVV
$876M
| $578K | ﹤0.01% |
10,173
| – | – |
2023 Q4
10 quarters
|
|
1796
Steven Madden
SHOO
$3.11B
| $577K | ﹤0.01% |
13,708
+4,972
| +57% | +$201K |
2025 Q3
3 quarters
|
|
1797
Atmus Filtration Technologies
ATMU
$4.49B
| $576K | ﹤0.01% |
11,297
+542
| +5% | +$29.4K |
2025 Q4
2 quarters
|
|
1798
SiriusPoint
SPNT
$3.15B
| $576K | ﹤0.01% |
23,987
-1,543
| -6% | -$35.4K |
2023 Q4
10 quarters
|
|
1799
Omnicell
OMCL
$1.65B
| $575K | ﹤0.01% |
13,859
+479
| +4% | +$19.3K |
2023 Q4
10 quarters
|
|
1800
Atlas Energy Solutions
AESI
$671M
| $575K | ﹤0.01% |
34,621
-21,461
| -38% | -$351K |
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.