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 | |
|---|---|---|---|---|---|---|---|
2201
DELISTED
Liberty Broadband Class C
LBRDK
| $219K | ﹤0.01% |
6,592
-158
| -2% | -$6.16K |
2023 Q4
10 quarters
|
|
2202
Innovator US Equity Buffer ETF March
BMAR
$200M
| $219K | ﹤0.01% |
+3,799
| New | +$214K |
2026 Q2
0 quarters
|
|
2203
BancFirst
BANF
$3.96B
| $219K | ﹤0.01% |
1,967
-88
| -4% | -$9.9K |
2024 Q2
8 quarters
|
|
2204
Harmony Biosciences
HRMY
$1.97B
| $218K | ﹤0.01% |
+5,979
| New | +$189K |
2026 Q2
0 quarters
|
|
2205
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
$10.8B
| $217K | ﹤0.01% |
+1,131
| New | +$212K |
2026 Q2
0 quarters
|
|
2206
Methanex
MEOH
$5.27B
| $216K | ﹤0.01% |
4,684
+27
| +0.6% | +$1.59K |
2026 Q1
1 quarter
|
|
2207
Criteo S.A.
CRTO
$844M
| $216K | ﹤0.01% |
11,814
-5,354
| -31% | -$96.1K |
2024 Q1
9 quarters
|
|
2208
Dimensional Global Credit ETF
DGCB
$1.17B
| $216K | ﹤0.01% |
3,942
| – | – |
2025 Q1
5 quarters
|
|
2209
State Street SPDR S&P Homebuilders ETF
XHB
$1.58B
| $215K | ﹤0.01% |
+1,863
| New | +$195K |
2026 Q2
0 quarters
|
|
2210
Invesco S&P Global Water Index ETF
CGW
$1.06B
| $214K | ﹤0.01% |
+3,262
| New | +$209K |
2026 Q2
0 quarters
|
|
2211
Coca-Cola Femsa
KOF
$25.2B
| $214K | ﹤0.01% |
+2,013
| New | +$211K |
2026 Q2
0 quarters
|
|
2212
DELISTED
Leggett & Platt
LEG
| $213K | ﹤0.01% |
18,097
-1,772
| -9% | -$18.7K |
2025 Q2
4 quarters
|
|
2213
Daqo New Energy
DQ
$790M
| $213K | ﹤0.01% |
15,743
+184
| +1% | +$3.34K |
2023 Q4
10 quarters
|
|
2214
American States Water
AWR
$3.56B
| $212K | ﹤0.01% |
2,563
-356
| -12% | -$27.6K |
2023 Q4
10 quarters
|
|
2215
Grand Canyon Education
LOPE
$2.97B
| $212K | ﹤0.01% |
1,478
-1,260
| -46% | -$200K |
2023 Q4
10 quarters
|
|
2216
JPMorgan US Quality Factor ETF
JQUA
$9.7B
| $210K | ﹤0.01% |
+2,901
| New | +$197K |
2026 Q2
0 quarters
|
|
2217
The Gap Inc
GAP
$7.72B
| $210K | ﹤0.01% |
11,223
+557
| +5% | +$12.8K |
2023 Q4
10 quarters
|
|
2218
Niu Technologies
NIU
$143M
| $209K | ﹤0.01% |
103,147
+1,054
| +1% | +$2.79K |
2023 Q4
10 quarters
|
|
2219
Federal Agricultural Mortgage
AGM
$1.88B
| $209K | ﹤0.01% |
+1,048
| New | +$184K |
2026 Q2
0 quarters
|
|
2220
Sensient Technologies
SXT
$5.15B
| $208K | ﹤0.01% |
+1,690
| New | +$188K |
2026 Q2
0 quarters
|
|
2221
Tencent Music
TME
$15.2B
| $208K | ﹤0.01% |
24,921
+8,097
| +48% | +$73.9K |
2023 Q4
10 quarters
|
|
2222
NEOS Nasdaq 100 High Income ETF
QQQI
$14.7B
| $208K | ﹤0.01% |
3,656
-554
| -13% | -$30.5K |
2025 Q3
3 quarters
|
|
2223
S&T Bancorp
STBA
$1.81B
| $207K | ﹤0.01% |
+4,214
| New | +$190K |
2026 Q2
0 quarters
|
|
2224
Perrigo
PRGO
$2.34B
| $206K | ﹤0.01% |
19,823
-51,072
| -72% | -$562K |
2023 Q4
10 quarters
|
|
2225
Freedom 100 Emerging Markets ETF
FRDM
$3.15B
| $204K | ﹤0.01% |
+2,784
| New | +$186K |
2026 Q2
0 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.