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 | |
|---|---|---|---|---|---|---|---|
1826
First Trust North American Energy Infrastructure Fund
EMLP
$4.18B
| $544K | ﹤0.01% |
12,500
| – | – |
2024 Q2
8 quarters
|
|
1827
iShares US Basic Materials ETF
IYM
$1.22B
| $541K | ﹤0.01% |
3,015
| – | – |
2023 Q4
10 quarters
|
|
1828
SPDR Gold MiniShares Trust
GLDM
$30.5B
| $541K | ﹤0.01% |
6,815
+4,072
| +148% | +$364K |
2026 Q1
1 quarter
|
|
1829
Sweetgreen
SG
$1.58B
| $541K | ﹤0.01% |
61,435
| – | – |
2023 Q4
10 quarters
|
|
1830
Vale
VALE
$49.3B
| $540K | ﹤0.01% |
35,891
+152
| +0.4% | +$2.48K |
2023 Q4
10 quarters
|
|
1831
VF Corp
VFC
$8.16B
| $539K | ﹤0.01% |
32,340
-5,623
| -15% | -$101K |
2023 Q4
10 quarters
|
|
1832
ARK Next Generation Technology ETF
ARKW
$1.59B
| $538K | ﹤0.01% |
3,717
| – | – |
2025 Q2
4 quarters
|
|
1833
PowerFleet Inc
AIOT
$354M
| $536K | ﹤0.01% |
139,904
+54,469
| +64% | +$191K |
2025 Q3
3 quarters
|
|
1834
Rithm Capital
RITM
$5.18B
| $536K | ﹤0.01% |
57,052
+18,358
| +47% | +$175K |
2023 Q4
10 quarters
|
|
1835
Privia Health
PRVA
$3.11B
| $536K | ﹤0.01% |
20,816
-566
| -3% | -$13.1K |
2025 Q4
2 quarters
|
|
1836
Stride
LRN
$3.23B
| $535K | ﹤0.01% |
6,204
-58
| -0.9% | -$5.33K |
2024 Q3
7 quarters
|
|
1837
Vestis
VSTS
$1.9B
| $534K | ﹤0.01% |
36,775
-99
| -0.3% | -$1.1K |
2023 Q4
10 quarters
|
|
1838
Cadre Holdings
CDRE
$1.45B
| $532K | ﹤0.01% |
18,650
+198
| +1% | +$5.97K |
2023 Q4
10 quarters
|
|
1839
BioMarin Pharmaceuticals
BMRN
$11.1B
| $531K | ﹤0.01% |
9,273
+253
| +3% | +$13.9K |
2023 Q4
10 quarters
|
|
1840
Virtus Total Return Fund
ZTR
$326M
| $529K | ﹤0.01% |
+77,413
| New | +$523K |
2026 Q2
0 quarters
|
|
1841
Invesco S&P 500 Pure Growth ETF
RPG
$1.69B
| $529K | ﹤0.01% |
8,280
| – | – |
2023 Q4
10 quarters
|
|
1842
Core Natural Resources Inc
CNR
$4.05B
| $528K | ﹤0.01% |
6,603
+1,143
| +21% | +$101K |
2025 Q3
3 quarters
|
|
1843
Argan
AGX
$4.27B
| $528K | ﹤0.01% |
+661
| New | +$440K |
2026 Q2
0 quarters
|
|
1844
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$15.2B
| $527K | ﹤0.01% |
3,714
+285
| +8% | +$39.4K |
2025 Q2
4 quarters
|
|
1845
Warrior Met Coal
HCC
$4.51B
| $525K | ﹤0.01% |
6,465
+1,810
| +39% | +$164K |
2025 Q3
3 quarters
|
|
1846
Kadant
KAI
$3.54B
| $524K | ﹤0.01% |
1,669
-448
| -21% | -$140K |
2025 Q1
5 quarters
|
|
1847
Standex International
SXI
$2.98B
| $524K | ﹤0.01% |
1,464
-704
| -32% | -$197K |
2025 Q3
3 quarters
|
|
1848
Genworth Financial
GNW
$3.18B
| $523K | ﹤0.01% |
55,213
-4,805
| -8% | -$42.7K |
2023 Q4
10 quarters
|
|
1849
Kodiak Gas Services
KGS
$4.27B
| $522K | ﹤0.01% |
+6,952
| New | +$473K |
2026 Q2
0 quarters
|
|
1850
Par Pacific Holdings
PARR
$3.36B
| $521K | ﹤0.01% |
9,296
+345
| +4% | +$20.5K |
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.