PATHSTONE HOLDINGS, LLC

Filed: 5/15/2025ACC: 0001085146-25-003172

📋 What this filing means

PATHSTONE HOLDINGS, LLC filed this quarterly 13F‑HR report disclosing 2203 equity positions with a total reported market value of $23.07B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

2203

Positions

$23.07B

Total AUM (reported)

313.80M

Total Shares

Allocation by class

COM$9.18B39.8%

TR UNIT$1.27B5.5%

CORE S&P500 ETF$1.24B5.4%

CL A$1.24B5.4%

S&P 500 ETF SHS$869.81M3.8%

UTSER1 S&PDCRP$482.13M2.1%

CORE S&P MCP ETF$408.03M1.8%

Portfolio Concentration

Top 3$3.37B14.6%

4–10$3.44B14.9%

11–25$3.06B13.3%

Rest$13.19B57.2%

Top 3 weight

14.6%

Top 10 weight

29.5%

Voting Authority Distribution

Total shares with voting rights: 313.80M

Sole

Full voting authority

152.04M

% of voting shares48.4%

Shared

Joint voting authority

925.17K

% of voting shares0.3%

None

No voting authority

160.84M

% of voting shares51.3%

Investment Discretion (by position count)

Sole1218

Shared0

Other985

Dominant voting typeNone · 51.3% of voting shares

Institutional Holdings2203

Rows:

SPDR S&P 500 ETF TR

OTR

TR UNIT

Shares2.26M

TypeSH

Market value$1.27B

5.49%

Sole

43.71K

Shared

356.00

None

2.22M

ISHARES TR

SOLE

CORE S&P500 ETF

Shares2.21M

TypeSH

Market value$1.24B

5.37%

Sole

203.42K

Shared

0.00

None

2.01M

VANGUARD INDEX FDS

DFND

S&P 500 ETF SHS

Shares1.69M

TypeSH

Market value$869.81M

3.77%

Sole

16.45K

Shared

0.00

None

1.68M

MICROSOFT CORP

SOLE

COM

Shares2.25M

TypeSH

Market value$837.60M

3.63%

Sole

471.74K

Shared

7.37K

None

1.77M

APPLE INC

SOLE

COM

Shares2.78M

TypeSH

Market value$611.78M

2.65%

Sole

972.33K

Shared

11.83K

None

1.79M

SPDR S&P MIDCAP 400 ETF TR

DFND

UTSER1 S&PDCRP

Shares903.75K

TypeSH

Market value$482.13M

2.09%

Sole

942.00

Shared

0.00

None

902.80K

ISHARES TR

DFND

CORE S&P MCP ETF

Shares6.99M

TypeSH

Market value$408.03M

1.77%

Sole

148.58K

Shared

0.00

None

6.84M

CROWDSTRIKE HLDGS INC

SOLE

CL A

Shares1.12M

TypeSH

Market value$394.00M

1.71%

Sole

1.10M

Shared

186.00

None

12.60K

ISHARES TR

SOLE

RUS 1000 ETF

Shares1.17M

TypeSH

Market value$357.80M

1.55%

Sole

11.27K

Shared

0.00

None

1.16M

NVIDIA CORPORATION

SOLE

COM

Shares3.23M

TypeSH

Market value$349.57M

1.52%

Sole

1.86M

Shared

21.46K

None

1.35M

AMAZON COM INC

DFND

COM

Shares1.44M

TypeSH

Market value$271.76M

1.18%

Sole

628.98K

Shared

10.04K

None

797.20K

ISHARES TR

DFND

CORE S&P SCP ETF

Shares2.44M

TypeSH

Market value$255.58M

1.11%

Sole

486.39K

Shared

0.00

None

1.96M

VANGUARD TAX-MANAGED FDS

DFND

VAN FTSE DEV MKT

Shares4.71M

TypeSH

Market value$240.78M

1.04%

Sole

964.13K

Shared

0.00

None

3.75M

BERKSHIRE HATHAWAY INC DEL

DFND

CL A

Shares298.00

TypeSH

Market value$237.78M

1.03%

Sole

21.00

Shared

0.00

None

277.00

COCA COLA CO

DFND

COM

Shares3.26M

TypeSH

Market value$233.21M

1.01%

Sole

327.35K

Shared

3.63K

None

2.93M

VANGUARD INDEX FDS

DFND

LARGE CAP ETF

Shares811.93K

TypeSH

Market value$208.77M

0.91%

Sole

167.82K

Shared

0.00

None

644.12K

PROGRESSIVE CORP

DFND

COM

Shares971.07K

TypeSH

Market value$208.01M

0.90%

Sole

63.01K

Shared

1.73K

None

906.33K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares390.08K

TypeSH

Market value$207.42M

0.90%

Sole

125.82K

Shared

1.46K

None

262.81K

VANGUARD INDEX FDS

DFND

TOTAL STK MKT

Shares677.42K

TypeSH

Market value$186.06M

0.81%

Sole

17.94K

Shared

0.00

None

659.48K

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares1.41M

TypeSH

Market value$182.47M

0.79%

Sole

0.00

Shared

0.00

None

1.41M

ISHARES TR

SOLE

GLB INFRASTR ETF

Shares3.33M

TypeSH

Market value$181.71M

0.79%

Sole

745.35K

Shared

0.00

None

2.58M

ISHARES TR

DFND

RUSSELL 2000 ETF

Shares906.14K

TypeSH

Market value$180.49M

0.78%

Sole

22.43K

Shared

0.00

None

883.71K

ISHARES TR

SOLE

RUS MID CAP ETF

Shares1.98M

TypeSH

Market value$168.20M

0.73%

Sole

0.00

Shared

0.00

None

1.98M

VANGUARD INDEX FDS

DFND

MID CAP ETF

Shares600.98K

TypeSH

Market value$155.40M

0.67%

Sole

19.41K

Shared

0.00

None

581.57K

META PLATFORMS INC

DFND

CL A

Shares246.88K

TypeSH

Market value$142.35M

0.62%

Sole

135.73K

Shared

1.75K

None

109.41K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared	None
SPDR S&P 500 ETF TROTR	TR UNIT	2.26M	SH	$1.27B 5.49%	43.71K	356.00	2.22M
ISHARES TRSOLE	CORE S&P500 ETF	2.21M	SH	$1.24B 5.37%	203.42K	0.00	2.01M
VANGUARD INDEX FDSDFND	S&P 500 ETF SHS	1.69M	SH	$869.81M 3.77%	16.45K	0.00	1.68M
MICROSOFT CORPSOLE	COM	2.25M	SH	$837.60M 3.63%	471.74K	7.37K	1.77M
APPLE INCSOLE	COM	2.78M	SH	$611.78M 2.65%	972.33K	11.83K	1.79M
SPDR S&P MIDCAP 400 ETF TRDFND	UTSER1 S&PDCRP	903.75K	SH	$482.13M 2.09%	942.00	0.00	902.80K
ISHARES TRDFND	CORE S&P MCP ETF	6.99M	SH	$408.03M 1.77%	148.58K	0.00	6.84M
CROWDSTRIKE HLDGS INCSOLE	CL A	1.12M	SH	$394.00M 1.71%	1.10M	186.00	12.60K
ISHARES TRSOLE	RUS 1000 ETF	1.17M	SH	$357.80M 1.55%	11.27K	0.00	1.16M
NVIDIA CORPORATIONSOLE	COM	3.23M	SH	$349.57M 1.52%	1.86M	21.46K	1.35M
AMAZON COM INCDFND	COM	1.44M	SH	$271.76M 1.18%	628.98K	10.04K	797.20K
ISHARES TRDFND	CORE S&P SCP ETF	2.44M	SH	$255.58M 1.11%	486.39K	0.00	1.96M
VANGUARD TAX-MANAGED FDSDFND	VAN FTSE DEV MKT	4.71M	SH	$240.78M 1.04%	964.13K	0.00	3.75M
BERKSHIRE HATHAWAY INC DELDFND	CL A	298.00	SH	$237.78M 1.03%	21.00	0.00	277.00
COCA COLA CODFND	COM	3.26M	SH	$233.21M 1.01%	327.35K	3.63K	2.93M
VANGUARD INDEX FDSDFND	LARGE CAP ETF	811.93K	SH	$208.77M 0.91%	167.82K	0.00	644.12K
PROGRESSIVE CORPDFND	COM	971.07K	SH	$208.01M 0.90%	63.01K	1.73K	906.33K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	390.08K	SH	$207.42M 0.90%	125.82K	1.46K	262.81K
VANGUARD INDEX FDSDFND	TOTAL STK MKT	677.42K	SH	$186.06M 0.81%	17.94K	0.00	659.48K
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	1.41M	SH	$182.47M 0.79%	0.00	0.00	1.41M
ISHARES TRSOLE	GLB INFRASTR ETF	3.33M	SH	$181.71M 0.79%	745.35K	0.00	2.58M
ISHARES TRDFND	RUSSELL 2000 ETF	906.14K	SH	$180.49M 0.78%	22.43K	0.00	883.71K
ISHARES TRSOLE	RUS MID CAP ETF	1.98M	SH	$168.20M 0.73%	0.00	0.00	1.98M
VANGUARD INDEX FDSDFND	MID CAP ETF	600.98K	SH	$155.40M 0.67%	19.41K	0.00	581.57K
META PLATFORMS INCDFND	CL A	246.88K	SH	$142.35M 0.62%	135.73K	1.75K	109.41K

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