PATHSTONE FAMILY OFFICE, LLC
Family OfficeFiling Date
Global Rank
#415
/ 6,895
▲ 232
Top Industry
Software - Infrastructure
11.5%
3Y Alpha vs SPY
-4.6%
Period ended 2 years ago
Filed Nov 8, 2023 · 2y
15 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+55.4%
SPY
+74.2%
Annualised alpha
-4.5%
Max drawdown
−17.7%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
1,171 positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023Top Position
19.2%
+7.3 pts
Top 5
42.1%
+6.4 pts
Top 10
50.2%
+3.1 pts
HHI
544
Diversified+193
Portfolio Trend
15 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 27.8% | $1,773,889,826 |
| Technology | 22.3% | $1,420,391,665 |
| Consumer Cyclical | 10.0% | $638,104,013 |
| Financial Services | 9.8% | $625,919,404 |
| Consumer Defensive | 8.0% | $513,643,778 |
| Healthcare | 6.8% | $436,349,044 |
| Industrials | 4.9% | $314,851,024 |
| Communication Services | 3.6% | $231,800,111 |
| Energy | 3.4% | $214,534,173 |
| Real Estate | 1.2% | $77,247,168 |
| Basic Materials | 1.1% | $68,926,514 |
| Utilities | 1.0% | $66,935,118 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SPY | Spdr S&P 500 ETF Trust | +2,180,157 | 2,863,209 | $1,223,964,583 | |
| AAPL | Apple Inc. | +1,118,120 | 2,300,589 | $393,883,842 | |
| MDY | Spdr S&P Midcap 400 ETF Trust | +961,212 | 963,113 | $439,795,920 | |
| CMCSA | Comcast Corp | +935,573 | 1,088,505 | $45,233,696 | |
| SG | Sweetgreen, Inc. | +679,877 | 694,102 | $8,155,698 | |
| BAC | Bank Of America Corp /De/ | +423,526 | 594,111 | $16,266,759 | |
| DGX | Quest Diagnostics Inc | +323,065 | 336,521 | $41,008,449 | |
| AMZN | Amazon Com Inc | +307,043 | 855,736 | $108,781,160 | |
| PG | PROCTER & GAMBLE Co | +288,792 | 345,155 | $50,344,308 | |
| MSFT | Microsoft Corp | +279,571 | 1,462,153 | $461,674,809 | |
| PFE | Pfizer Inc | +263,705 | 453,685 | $15,048,731 | |
| CSCO | Cisco Systems, Inc. | +248,910 | 394,478 | $21,207,137 | |
| KO | Coca Cola Co | +243,649 | 3,006,906 | $168,326,597 | |
| F | Ford Motor Co | +240,249 | 422,890 | $5,252,293 | |
| BRK-B | Berkshire Hathaway Inc | +239,373 | 304,682 | $106,730,104 | |
| GOOGL | Alphabet Inc. | +230,023 | 584,201 | $76,448,542 | |
| QQQ | Invesco Qqq Trust, Series 1 | +217,115 | 248,479 | $89,022,571 | |
| T | At&T Inc. | +193,534 | 488,268 | $7,333,785 | |
| ET | Energy Transfer LP | +192,783 | 777,462 | $10,907,791 | |
| INTC | Intel Corp | +176,356 | 337,964 | $12,014,620 | |
| JPM | Jpmorgan Chase & Co | +174,527 | 236,172 | $34,249,663 | |
| MRK | Merck & Co., Inc. | +149,093 | 374,273 | $38,531,405 | |
| XOM | Exxon Mobil Corp | +146,591 | 222,922 | $26,211,168 | |
| JNJ | Johnson & Johnson | +145,667 | 231,738 | $36,093,193 | |
| EPD | Enterprise Products Partners L.P. | +141,645 | 303,622 | $8,310,134 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| UBER | Uber Technologies, Inc | −74,959 | 1,054,754 | $48,508,136 | |
| PGR | Progressive Corp/Oh/ | −54,507 | 379,628 | $52,882,180 | |
| JBGS | JBG SMITH Properties | −28,734 | 39,647 | $573,295 | |
| LUMN | Lumen Technologies, Inc. | −21,978 | 24,303 | $34,510 | |
| TJX | Tjx Companies Inc /De/ | −15,959 | 663,369 | $58,960,236 | |
| APP | AppLovin Corp | −15,110 | 9,557 | $381,897 | |
| STNE | StoneCo Ltd. | −14,460 | 400,542 | $4,273,783 | |
| HOOD | Robinhood Markets, Inc. | −11,670 | 18,548 | $181,955 | |
| MRSH | Marsh & Mclennan Companies, Inc. | −9,936 | 164,564 | $31,316,529 | |
| LYG | Lloyds Banking Group plc | −8,160 | 26,090 | $55,571 | |
| MWA | Mueller Water Products, Inc. | −8,026 | 14,561 | $184,633 | |
| ABNB | Airbnb, Inc. | −7,650 | 34,044 | $4,671,177 | |
| BUD | Anheuser-Busch InBev SA/NV | −5,765 | 14,746 | $815,453 | |
| PACB | Pacific Biosciences Of California, Inc. | −4,628 | 12,231 | $102,128 | |
| SKM | Sk Telecom Co Ltd | −4,294 | 48,494 | $1,040,681 | |
| PBI | Pitney Bowes Inc /De/ | −3,681 | 24,689 | $74,560 | |
| EXTR | Extreme Networks Inc | −3,458 | 37,895 | $917,437 | |
| BOX | Box Inc | −3,111 | 11,489 | $278,148 | |
| ICHR | Ichor Holdings, Ltd. | −3,048 | 8,458 | $261,859 | |
| BURL | Burlington Stores, Inc. | −2,972 | 1,883 | $254,769 | |
| BDN | Brandywine Realty Trust | −2,513 | 18,197 | $82,614 | |
| PODD | Insulet Corp | −2,087 | 1,642 | $261,882 | |
| DSGX | Descartes Systems Group Inc | −1,820 | 7,159 | $525,327 | |
| BOH | Bank Of Hawaii Corp | −1,816 | 9,796 | $486,763 | |
| SCHL | Scholastic Corp | −1,736 | 5,587 | $213,088 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| KRNT | Kornit Digital Ltd. | 886,701 | $16,767,515 | |
| BTT | BlackRock Municipal 2030 Target Term Trust | 218,931 | $4,249,450 | |
| GBDC | GOLUB CAPITAL BDC, Inc. | 250,447 | $3,674,057 | |
| ENB | Enbridge Inc | 60,840 | $2,019,279 | |
| FTAI | FTAI Aviation Ltd. | 53,864 | $1,914,865 | |
| BN | BROOKFIELD Corp /ON/ | 78,094 | $1,628,002 | |
| PSA | Public Storage | 4,922 | $1,297,045 | |
| IP | International Paper Co /New/ | 32,705 | $1,160,046 | |
| AD | Array Digital Infrastructure, Inc. | 25,000 | $1,074,250 | |
| NET | Cloudflare, Inc. | 16,775 | $1,057,496 | |
| WEC | Wec Energy Group, Inc. | 11,781 | $948,959 | |
| EIX | Edison International | 12,400 | $784,796 | |
| TSN | Tyson Foods, Inc. | 15,331 | $774,062 | |
| EXR | Extra Space Storage Inc. | 6,344 | $771,303 | |
| MYRG | Myr Group Inc. | 5,520 | $743,875 | |
| LNT | Alliant Energy Corp | 15,332 | $742,835 | |
| RVTY | Revvity, Inc. | 6,465 | $715,675 | |
| NTRS | Northern Trust Corp | 10,254 | $712,447 | |
| HRB | H&R Block Inc | 16,271 | $700,629 | |
| BRBR | Bellring Brands, Inc. | 16,909 | $697,158 | |
| J | Jacobs Solutions Inc. | 6,043 | $682,290 | |
| DKNG | DraftKings Inc. | 22,791 | $670,967 | |
| QSR | Restaurant Brands International Inc. | 9,939 | $662,136 | |
| CUBI | Customers Bancorp, Inc. | 19,169 | $660,372 | |
| RELX | Relx PLC | 19,523 | $657,925 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
19 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| MRCY | Mercury Systems Inc | 9,399 | $325,111 | |
| EMO | ClearBridge Energy Midstream Opportunity Fund Inc. | 9,200 | $274,712 | |
| OVV | Ovintiv Inc. | 7,114 | $270,829 | |
| DY | Dycom Industries Inc | 2,202 | $250,257 | |
| BGS | B&G Foods, Inc. | 17,034 | $237,113 | |
| KT | Kt Corp | 20,000 | $226,000 | |
| GTLB | Gitlab Inc. | 4,407 | $225,241 | |
| TXG | 10x Genomics, Inc. | 3,912 | $218,446 | |
| JACK | Jack In The Box Inc | 2,179 | $212,517 | |
| DB | Deutsche Bank Aktiengesellschaft | 19,900 | $209,547 | |
| CAR | Avis Budget Group, Inc. | 899 | $205,574 | |
| PHI | PLDT Inc. | 8,600 | $200,982 | |
| FHB | First Hawaiian, Inc. | 10,903 | $196,363 | |
| AVA | Avista Corp | 4,864 | $191,009 | |
| CII | BlackRock Enhanced Large Cap Core Fund, Inc. | 10,000 | $185,100 | |
| EEFT | Euronet Worldwide, Inc. | 1,541 | $180,867 | |
| CCOI | Cogent Communications Holdings, Inc. | 2,302 | $154,901 | |
| PGEN | Precigen, Inc. | 38,434 | $44,199 | |
| BTG | B2gold Corp | 10,358 | $36,978 | |
| No positions match the current search. | ||||
196 positions ·
$625,919,404 total
· Financial Services only
· as of Sep 30, 2023
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 196 positions by value
· page 1 of 4
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 304,682 | $106,730,104 | 17.05% | |
| PGR |
Progressive Corp/Oh/
Financial Services
|
Reduced | 379,628 | $52,882,180 | 8.45% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 92,436 | $36,596,336 | 5.85% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 236,172 | $34,249,663 | 5.47% | |
| V |
Visa Inc.
Financial Services
|
Added | 141,217 | $32,481,322 | 5.19% | |
| MRSH |
Marsh & Mclennan Companies, Inc.
Financial Services
|
Reduced | 164,564 | $31,316,529 | 5.00% | |
| RY |
Royal Bank Of Canada
Financial Services
|
Added | 216,847 | $18,961,101 | 3.03% | |
| CB |
Chubb Ltd
Financial Services
|
Added | 79,497 | $16,549,685 | 2.64% | |
| BAC |
Bank Of America Corp /De/
Financial Services
|
Added | 594,111 | $16,266,759 | 2.60% | |
| EG |
Everest Group, Ltd.
Financial Services
|
Added | 36,432 | $13,540,681 | 2.16% | |
| UPST |
Upstart Holdings, Inc.
Financial Services
|
Added | 397,061 | $11,332,120 | 1.81% | |
| AXP |
American Express Co
Financial Services
|
Added | 72,002 | $10,741,978 | 1.72% | |
| MS |
Morgan Stanley
Financial Services
|
Added | 117,925 | $9,630,934 | 1.54% | |
| SPGI |
S&P Global Inc.
Financial Services
|
Added | 26,202 | $9,574,472 | 1.53% | |
| LPLA |
LPL Financial Holdings Inc.
Financial Services
|
Added | 35,920 | $8,536,388 | 1.36% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Added | 24,318 | $7,868,575 | 1.26% | |
| BX |
Blackstone Inc.
Financial Services
|
Added | 73,429 | $7,867,183 | 1.26% | |
| AFL |
Aflac Inc
Financial Services
|
Added | 82,390 | $6,323,432 | 1.01% | |
| KNSL |
Kinsale Capital Group, Inc.
Financial Services
|
Added | 14,563 | $6,030,975 | 0.96% | |
| WFC |
Wells Fargo & Company/Mn
Financial Services
|
Added | 142,354 | $5,816,584 | 0.93% | |
| SCHW |
Schwab Charles Corp
Financial Services
|
Added | 105,106 | $5,770,319 | 0.92% | |
| BXSL |
Blackstone Secured Lending Fund
Financial Services
|
Added | 201,479 | $5,512,465 | 0.88% | |
| TRV |
Travelers Companies, Inc.
Financial Services
|
Added | 32,441 | $5,297,939 | 0.85% | |
| AON |
Aon plc
Financial Services
|
Added | 15,663 | $5,078,257 | 0.81% | |
| PNC |
Pnc Financial Services Group, Inc.
Financial Services
|
Added | 38,621 | $4,741,500 | 0.76% | |
| PYPL |
PayPal Holdings, Inc.
Financial Services
|
Added | 75,458 | $4,411,274 | 0.70% | |
| ICE |
Intercontinental Exchange, Inc.
Financial Services
|
Added | 39,178 | $4,310,363 | 0.69% | |
| BTT |
BlackRock Municipal 2030 Target Term Trust
Financial Services
|
NEW | 218,931 | $4,249,450 | 0.68% | |
| USB |
US Bancorp De
Financial Services
|
Added | 121,548 | $4,018,376 | 0.64% | |
| MCO |
Moodys Corp /De/
Financial Services
|
Added | 12,196 | $3,856,009 | 0.62% | |
| PRU |
Prudential Financial Inc
Financial Services
|
Added | 40,300 | $3,824,067 | 0.61% | |
| CME |
Cme Group Inc.
Financial Services
|
Added | 18,985 | $3,801,176 | 0.61% | |
| AMP |
Ameriprise Financial Inc
Financial Services
|
Added | 11,146 | $3,674,613 | 0.59% | |
| GBDC |
GOLUB CAPITAL BDC, Inc.
Financial Services
|
NEW | 250,447 | $3,674,057 | 0.59% | |
| ARCC |
Ares Capital Corp
Financial Services
|
Added | 166,949 | $3,250,497 | 0.52% | |
| MKL |
Markel Group Inc.
Financial Services
|
Added | 2,096 | $3,086,339 | 0.49% | |
| PRI |
Primerica, Inc.
Financial Services
|
Reduced | 15,035 | $2,916,940 | 0.47% | |
| BCSF |
Bain Capital Specialty Finance, Inc.
Financial Services
|
Added | 191,243 | $2,898,937 | 0.46% | |
| L |
Loews Corp
Financial Services
|
Added | 45,645 | $2,889,784 | 0.46% | |
| TFC |
Truist Financial Corp
Financial Services
|
Added | 97,317 | $2,784,239 | 0.44% | |
| ALL |
Allstate Corp
Financial Services
|
Added | 24,789 | $2,761,742 | 0.44% | |
| AJG |
Arthur J. Gallagher & Co.
Financial Services
|
Added | 11,361 | $2,589,512 | 0.41% | |
| C |
Citigroup Inc
Financial Services
|
Added | 59,630 | $2,452,581 | 0.39% | |
| APO |
Apollo Global Management, Inc.
Financial Services
|
Added | 26,993 | $2,422,891 | 0.39% | |
| BUR |
Burford Capital Ltd
Financial Services
|
Added | 167,536 | $2,345,504 | 0.37% | |
| UBS |
UBS Group AG
Financial Services
|
Added | 94,977 | $2,341,183 | 0.37% | |
| COF |
Capital One Financial Corp
Financial Services
|
Added | 21,890 | $2,124,424 | 0.34% | |
| AIG |
American International Group, Inc.
Financial Services
|
Added | 29,857 | $1,809,334 | 0.29% | |
| MET |
Metlife Inc
Financial Services
|
Added | 28,665 | $1,803,315 | 0.29% | |
| BN |
BROOKFIELD Corp /ON/
Financial Services
|
NEW | 78,094 | $1,628,002 | 0.26% |