PATHSTONE HOLDINGS, LLC

PrivateCIK: 2011612

Location

ENGLEWOOD, NJ

2324

Positions

$34.33B

Total AUM (reported)

368.82M

Total Shares

Allocation by class

COM$10.95B31.9%

CORE S&P500 ETF$1.80B5.2%

TR UNIT$1.61B4.7%

GROWTH ETF$1.36B4.0%

S&P 500 ETF SHS$1.30B3.8%

VALUE ETF$1.14B3.3%

CL A$921.68M2.7%

Portfolio Concentration

Top 3$4.76B13.9%

4–10$5.77B16.8%

11–25$5.27B15.3%

Rest$18.53B54.0%

Top 3 weight

13.9%

Top 10 weight

30.7%

Voting Authority Distribution

Total shares with voting rights: 368.82M

Sole

Full voting authority

206.83M

% of voting shares56.1%

Shared

Joint voting authority

835.80K

% of voting shares0.2%

None

No voting authority

161.15M

% of voting shares43.7%

Investment Discretion (by position count)

Sole1335

Shared0

Other989

Dominant voting typeSole · 56.1% of voting shares

Institutional Holdings2324

Rows:

ISHARES TR

DFND

CORE S&P500 ETF

Shares2.40M

TypeSH

Market value$1.80B

5.24%

Sole

364.75K

Shared

0.00

None

2.04M

STATE STR SPDR S&P 500 ETF T

SOLE

TR UNIT

Shares2.15M

TypeSH

Market value$1.61B

4.68%

Sole

126.13K

Shared

0.00

None

2.03M

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares15.76M

TypeSH

Market value$1.36B

3.95%

Sole

14.90M

Shared

0.00

None

863.06K

VANGUARD INDEX FDS

DFND

S&P 500 ETF SHS

Shares1.89M

TypeSH

Market value$1.30B

3.78%

Sole

181.72K

Shared

108.00

None

1.71M

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares5.22M

TypeSH

Market value$1.14B

3.31%

Sole

5.19M

Shared

0.00

None

31.55K

APPLE INC

DFND

COM

Shares2.93M

TypeSH

Market value$850.60M

2.48%

Sole

1.17M

Shared

30.99K

None

1.74M

NVIDIA CORPORATION

DFND

COM

Shares3.51M

TypeSH

Market value$703.94M

2.05%

Sole

1.90M

Shared

15.30K

None

1.60M

MICROSOFT CORP

DFND

COM

Shares1.70M

TypeSH

Market value$634.96M

1.85%

Sole

501.68K

Shared

7.70K

None

1.19M

STATE STR SPDR S&P MIDCAP 40

SOLE

UTSER1 S&PDCRP

Shares849.49K

TypeSH

Market value$597.48M

1.74%

Sole

14.07K

Shared

0.00

None

835.42K

ISHARES TR

DFND

CORE S&P MCP ETF

Shares7.07M

TypeSH

Market value$545.09M

1.59%

Sole

147.69K

Shared

0.00

None

6.92M

ISHARES TR

DFND

CORE MSCI EAFE

Shares5.38M

TypeSH

Market value$519.21M

1.51%

Sole

4.84M

Shared

0.00

None

532.59K

ISHARES TR

SOLE

CORE MSCI TOTAL

Shares5.39M

TypeSH

Market value$514.36M

1.50%

Sole

5.34M

Shared

0.00

None

54.03K

ISHARES TR

DFND

RUS 1000 ETF

Shares1.13M

TypeSH

Market value$463.89M

1.35%

Sole

23.35K

Shared

0.00

None

1.11M

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares5.49M

TypeSH

Market value$390.88M

1.14%

Sole

1.12M

Shared

22.64K

None

4.34M

AMAZON COM INC

OTR

COM

Shares1.55M

TypeSH

Market value$370.40M

1.08%

Sole

679.74K

Shared

7.09K

None

863.09K

ALPHABET INC

DFND

CAP STK CL A

Shares978.36K

TypeSH

Market value$350.55M

1.02%

Sole

416.17K

Shared

16.27K

None

545.92K

VANGUARD INDEX FDS

DFND

TOTAL STK MKT

Shares929.39K

TypeSH

Market value$343.91M

1.00%

Sole

81.61K

Shared

0.00

None

847.77K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares4.09M

TypeSH

Market value$339.06M

0.99%

Sole

2.78M

Shared

0.00

None

1.31M

ALPHABET INC

SOLE

CAP STK CL C

Shares953.31K

TypeSH

Market value$337.42M

0.98%

Sole

409.97K

Shared

10.38K

None

532.96K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares2.24M

TypeSH

Market value$332.43M

0.97%

Sole

379.97K

Shared

8.00

None

1.86M

VANGUARD INDEX FDS

SOLE

LARGE CAP ETF

Shares831.08K

TypeSH

Market value$285.82M

0.83%

Sole

233.24K

Shared

0.00

None

597.84K

COCA COLA CO

OTR

COM

Shares3.34M

TypeSH

Market value$271.94M

0.79%

Sole

350.96K

Shared

29.06K

None

2.96M

ISHARES TR

DFND

GLB INFRASTR ETF

Shares3.79M

TypeSH

Market value$252.72M

0.74%

Sole

976.23K

Shared

0.00

None

2.82M

ISHARES TR

DFND

RUSSELL 2000 ETF

Shares827.31K

TypeSH

Market value$248.57M

0.72%

Sole

30.10K

Shared

0.00

None

797.21K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares495.63K

TypeSH

Market value$248.33M

0.72%

Sole

146.69K

Shared

25.09K

None

323.85K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared	None
ISHARES TRDFND	CORE S&P500 ETF	2.40M	SH	$1.80B 5.24%	364.75K	0.00	2.04M
STATE STR SPDR S&P 500 ETF TSOLE	TR UNIT	2.15M	SH	$1.61B 4.68%	126.13K	0.00	2.03M
VANGUARD INDEX FDSSOLE	GROWTH ETF	15.76M	SH	$1.36B 3.95%	14.90M	0.00	863.06K
VANGUARD INDEX FDSDFND	S&P 500 ETF SHS	1.89M	SH	$1.30B 3.78%	181.72K	108.00	1.71M
VANGUARD INDEX FDSSOLE	VALUE ETF	5.22M	SH	$1.14B 3.31%	5.19M	0.00	31.55K
APPLE INCDFND	COM	2.93M	SH	$850.60M 2.48%	1.17M	30.99K	1.74M
NVIDIA CORPORATIONDFND	COM	3.51M	SH	$703.94M 2.05%	1.90M	15.30K	1.60M
MICROSOFT CORPDFND	COM	1.70M	SH	$634.96M 1.85%	501.68K	7.70K	1.19M
STATE STR SPDR S&P MIDCAP 40SOLE	UTSER1 S&PDCRP	849.49K	SH	$597.48M 1.74%	14.07K	0.00	835.42K
ISHARES TRDFND	CORE S&P MCP ETF	7.07M	SH	$545.09M 1.59%	147.69K	0.00	6.92M
ISHARES TRDFND	CORE MSCI EAFE	5.38M	SH	$519.21M 1.51%	4.84M	0.00	532.59K
ISHARES TRSOLE	CORE MSCI TOTAL	5.39M	SH	$514.36M 1.50%	5.34M	0.00	54.03K
ISHARES TRDFND	RUS 1000 ETF	1.13M	SH	$463.89M 1.35%	23.35K	0.00	1.11M
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	5.49M	SH	$390.88M 1.14%	1.12M	22.64K	4.34M
AMAZON COM INCOTR	COM	1.55M	SH	$370.40M 1.08%	679.74K	7.09K	863.09K
ALPHABET INCDFND	CAP STK CL A	978.36K	SH	$350.55M 1.02%	416.17K	16.27K	545.92K
VANGUARD INDEX FDSDFND	TOTAL STK MKT	929.39K	SH	$343.91M 1.00%	81.61K	0.00	847.77K
ISHARES INCSOLE	CORE MSCI EMKT	4.09M	SH	$339.06M 0.99%	2.78M	0.00	1.31M
ALPHABET INCSOLE	CAP STK CL C	953.31K	SH	$337.42M 0.98%	409.97K	10.38K	532.96K
ISHARES TRSOLE	CORE S&P SCP ETF	2.24M	SH	$332.43M 0.97%	379.97K	8.00	1.86M
VANGUARD INDEX FDSSOLE	LARGE CAP ETF	831.08K	SH	$285.82M 0.83%	233.24K	0.00	597.84K
COCA COLA COOTR	COM	3.34M	SH	$271.94M 0.79%	350.96K	29.06K	2.96M
ISHARES TRDFND	GLB INFRASTR ETF	3.79M	SH	$252.72M 0.74%	976.23K	0.00	2.82M
ISHARES TRDFND	RUSSELL 2000 ETF	827.31K	SH	$248.57M 0.72%	30.10K	0.00	797.21K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	495.63K	SH	$248.33M 0.72%	146.69K	25.09K	323.85K

Page 1 of 93

…