Crestone Asset Management LLC

CIK

1845617

Location

BOULDER, CO

Portfolio Value

Small $494,602,771

Diversification

Moderately concentrated

Filing Date

Global Rank

#3,017 / 7,434 ▲ 81 · as of Mar 2024

Top Industry

Software - Application 24.0%

Period ended 2 years ago

Filed Apr 26, 2024 · 2y

17 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2024, never from the firm's own description.

Style

Concentrated

The top 10 positions are 89.5% of the book (60%+)

Turnover

Low turnover

19.0% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 13.7 quarters (12+), a floor since 51.9% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 89.2%; sector active share 82.8% against the combined 13F book's sector weights.

Over time 17 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

102 tracked positions · as of Mar 31, 2024 · Δ vs Dec 31, 2023

Top Position

35.3%

−3.0 pts

Top 5

82.5%

−1.0 pts

Top 10

89.5%

+0.1 pts

HHI

2,419

Moderately concentrated−210

Portfolio Trend

17 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2024

Sector	% Portfolio	Value	Positions
Unclassified	95.0%	$469,972,616	67
Technology	2.6%	$12,925,720	11
Financial Services	0.9%	$4,694,726	9
Communication Services	0.6%	$3,202,551	5
Consumer Cyclical	0.5%	$2,265,690	3
Healthcare	0.1%	$627,253	3
Energy	0.1%	$502,843	2
Industrials	0.0%	$221,847	1
Consumer Defensive	0.0%	$189,525	1

Last Quarter's Activity

Export CSV

Mar 31, 2024 vs Dec 31, 2023

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SRLN	State Street(R) Blackstone Senior Loan ETF	+154,137	193,050	$8,129,335
VONV	VANGUARD RUSSELL 1000 VALUE INDEX FUND	+39,439	546,074	$42,943,259
ACWI	iShares MSCI ACWI ETF	+31,845	205,614	$22,644,269
VTWV	VANGUARD RUSSELL 2000 VALUE INDEX FUND	+23,864	149,807	$20,946,014
VNQ	VANGUARD REAL ESTATE INDEX FUND	+22,969	369,576	$31,960,932
VONG	VANGUARD RUSSELL 1000 GROWTH INDEX FUND	+16,897	660,789	$57,270,582
AGG	iShares Core U.S. Aggregate Bond ETF	+6,122	18,138	$1,776,435
SHY	iShares 1-3 Year Treasury Bond ETF	+5,278	11,040	$902,851
VTWG	VANGUARD RUSSELL 2000 GROWTH INDEX FUND	+4,816	170,106	$33,527,892
IJH	iShares Core S&P Mid-Cap ETF	+4,120	5,150	$312,811
USXF	iShares ESG Advanced MSCI USA ETF	+2,347	60,109	$2,713,921
—		+2,016	59,665	$9,475,398
DMXF	iShares ESG Advanced MSCI EAFE ETF	+1,550	12,376	$843,176
IWO	iShares Russell 2000 Growth ETF	+1,386	67,326	$18,231,880
QUAL	iShares MSCI USA Quality Factor ETF	+1,141	2,558	$420,407
EFG	iShares MSCI EAFE Growth ETF	+1,136	34,315	$3,561,553
GSLC	Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF	+987	4,030	$418,273
VB	Vanguard Index Funds	+849	2,155	$492,611
ESML	iShares ESG Aware MSCI USA Small-Cap ETF	+335	44,309	$1,784,323
IWM	iShares Russell 2000 ETF	+204	8,631	$1,815,099
V	Visa Inc.	+150	955	$266,521
META	Meta Platforms, Inc.	+138	1,219	$591,922
AAPL	Apple Inc.	+128	10,966	$1,880,449
BRK-B	Berkshire Hathaway Inc	+114	1,378	$579,476
DHI	Horton D R Inc	+103	1,471	$242,053
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NEAR	iShares Short Duration Bond Active ETF	−99,651	146,183	$7,376,394
EFV	iShares MSCI EAFE Value ETF	−48,006	185,216	$10,075,750
VGLT	VANGUARD LONG-TERM TREASURY INDEX FUND	−38,254	131,969	$7,817,843
EMQQ	EMQQ The Emerging Markets Internet ETF	−32,117	86,172	$2,698,045
IEMG	iShares Trust	−20,035	49,012	$0
EEM	iShares MSCI Emerging Markets ETF	−14,161	50,013	$2,054,534
TLT	iShares 20+ Year Treasury Bond ETF	−14,000	308,928	$29,230,767
IEF	iShares 7-10 Year Treasury Bond ETF	−13,890	7,330	$693,857
—		−12,072	16,531	$2,561,147
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	−10,125	109,582	$4,577,240
ICSH	iShares Ultra Short Duration Bond Active ETF	−8,283	10,953	$553,783
UBER	Uber Technologies, Inc	−6,430	56,334	$4,337,154
IYR	iShares U.S. Real Estate ETF	−6,082	31,593	$2,840,210
EFA	iShares MSCI EAFE ETF	−5,977	127,118	$10,151,643
GOOG	Alphabet Inc.	−5,357	7,075	$1,077,239
JNK	State Street(R) SPDR(R) Bloomberg High Yield Bond ETF	−5,330	17,562	$1,671,902
IWF	iShares Russell 1000 Growth ETF	−4,350	106,942	$36,044,801
PNQI	Victory Portfolios II	−4,000	47,664	$1,901,316
EMXF	iShares ESG Advanced MSCI EM ETF	−3,790	11,077	$394,341
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	−1,770	13,752	$2,864,129
GOOGL	Alphabet Inc.	−1,698	4,517	$681,750
HYS	PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund	−1,179	2,541	$237,532
AMZN	Amazon Com Inc	−832	9,814	$1,770,249
FDN	First Trust Dow Jones Internet Index Fund	−750	23,276	$4,773,674
IWD	iShares Russell 1000 Value ETF	−653	127,433	$22,824,524
No positions match the current search.

New Positions

Positions the filer opened this quarter

14 positions

Ticker	Company	Shares	Value
JBBB	Janus Henderson B-BBB CLO ETF	589,676	$28,829,259
PRF	Victory Portfolios II	18,100	$696,307
VUG	VANGUARD GROWTH INDEX FUND	1,008	$346,953
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	1,250	$324,875
CRBG	Corebridge Financial, Inc.	9,147	$262,793
WSM	Williams Sonoma Inc	798	$253,388
ABBV	AbbVie Inc.	1,235	$224,893
VOO	VANGUARD 500 INDEX FUND	454	$218,237
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	2,987	$216,945
SCHG	Schwab U.S. Large-Cap Growth ETF	2,330	$216,037
VIG	Vanguard Specialized Funds	1,168	$213,288
AVUS	Avantis U.S. Equity ETF	2,339	$209,340
MA	Mastercard Inc	434	$209,001
SCHW	Schwab Charles Corp	2,868	$207,471
No positions match the current search.

Sold Out

Positions the filer fully exited

14 positions

Ticker	Company	Shares	Value
TSLA	Tesla, Inc.	1,241	$308,363
VMO	Invesco Municipal Opportunity Trust	30,852	$296,487
NAD	Nuveen Quality Municipal Income Fund	25,594	$293,051
NZF	Nuveen Municipal Credit Income Fund	24,462	$289,140
NEA	Nuveen AMT-Free Quality Municipal Income Fund	26,176	$287,936
XBI	State Street(R) SPDR(R) S&P(R) Biotech ETF	3,224	$287,870
NVG	Nuveen AMT-Free Municipal Credit Income Fund	24,100	$284,862
WIW	Western Asset Inflation-Linked Opportunities & Income Fund	30,022	$260,290
—		8,856	$239,112
EIM	Eaton Vance Municipal Bond Fund	15,672	$158,757
NUW	Nuveen AMT-Free Municipal Value Fund	10,512	$143,278
NMI	Nuveen Municipal Income Fund Inc	10,621	$97,713
NIM	Nuveen Select Maturities Municipal Fund	10,664	$94,056
—		26,958	$16,897
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

102 tracked positions · $494,602,771 total · filing declares 102 positions · $497,131,989 · as of Mar 31, 2024

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 102 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
VONG	VANGUARD RUSSELL 1000 GROWTH INDEX FUND	Added	660,789	+16,897	$57,270,582	+14.0%	16	unpriced	11.58%
VONV	VANGUARD RUSSELL 1000 VALUE INDEX FUND	Added	546,074	+39,439	$42,943,259	+16.8%	17+	before history	8.68%
IWF	iShares Russell 1000 Growth ETF	Reduced	106,942	-4,350	$36,044,801	+6.8%	17+	before history	7.29%
VTWG	VANGUARD RUSSELL 2000 GROWTH INDEX FUND	Added	170,106	+4,816	$33,527,892	+10.5%	16	unpriced	6.78%
VNQ	VANGUARD REAL ESTATE INDEX FUND	Added	369,576	+22,969	$31,960,932	+4.4%	17+	before history	6.46%
TLT	iShares 20+ Year Treasury Bond ETF	Reduced	308,928	-14,000	$29,230,767	−8.5%	6	unpriced	5.91%
JBBB	Janus Henderson B-BBB CLO ETF	NEW	589,676	NEW	$28,829,259	NEW	1	$48.38	5.83%
IWD	iShares Russell 1000 Value ETF	Reduced	127,433	-653	$22,824,524	+7.8%	17+	before history	4.61%
ACWI	iShares MSCI ACWI ETF	Added	205,614	+31,845	$22,644,269	+28.0%	17+	before history	4.58%
VTWV	VANGUARD RUSSELL 2000 VALUE INDEX FUND	Added	149,807	+23,864	$20,946,014	+21.8%	17+	before history	4.23%
IWO	iShares Russell 2000 Growth ETF	Added	67,326	+1,386	$18,231,880	+9.6%	17+	before history	3.69%
EFA	iShares MSCI EAFE ETF	Reduced	127,118	-5,977	$10,151,643	+1.2%	17+	before history	2.05%
EFV	iShares MSCI EAFE Value ETF	Reduced	185,216	-48,006	$10,075,750	−17.1%	14	unpriced	2.04%
		Added	59,665	+2,016	$9,475,398	+5.8%	17+	before history	1.92%
SPY	Spdr S&P 500 ETF Trust	Reduced	16,851	-605	$8,814,252	+6.2%	17+	before history	1.78%
SRLN	State Street(R) Blackstone Senior Loan ETF	Added	193,050	+154,137	$8,129,335	+398.2%	12	$42.04	1.64%
VGLT	VANGUARD LONG-TERM TREASURY INDEX FUND	Reduced	131,969	-38,254	$7,817,843	−25.4%	3	$58.03	1.58%
NEAR	iShares Short Duration Bond Active ETF	Reduced	146,183	-99,651	$7,376,394	−40.6%	6	$49.16	1.49%
FDN	First Trust Dow Jones Internet Index Fund	Reduced	23,276	-750	$4,773,674	+6.5%	17+	before history	0.97%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	109,582	-10,125	$4,577,240	−7.0%	17+	before history	0.93%
UBER	Uber Technologies, Inc Technology	Reduced	56,334	-6,430	$4,337,154	+12.2%	17+	before history	0.88%
QQQ	Invesco Qqq Trust, Series 1	Held	8,212	0	$3,646,210	+8.4%	15	$341.48	0.74%
EFG	iShares MSCI EAFE Growth ETF	Added	34,315	+1,136	$3,561,553	+10.8%	16	unpriced	0.72%
INDA	iShares MSCI India ETF	Held	58,000	0	$2,992,220	+5.7%	4	unpriced	0.60%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Reduced	13,752	-1,770	$2,864,129	−4.1%	14	unpriced	0.58%
IYR	iShares U.S. Real Estate ETF	Reduced	31,593	-6,082	$2,840,210	−17.5%	8	unpriced	0.57%
USXF	iShares ESG Advanced MSCI USA ETF	Added	60,109	+2,347	$2,713,921	+18.0%	9	unpriced	0.55%
EMQQ	EMQQ The Emerging Markets Internet ETF	Reduced	86,172	-32,117	$2,698,045	−26.0%	17+	before history	0.55%
		Reduced	16,531	-12,072	$2,561,147	−34.6%	8	$135.09	0.52%
ESGU	iShares ESG Aware MSCI USA ETF	Held	18,007	0	$2,070,084	+9.6%	11	unpriced	0.42%
EEM	iShares MSCI Emerging Markets ETF	Reduced	50,013	-14,161	$2,054,534	−20.4%	17+	before history	0.42%
NU	Nu Holdings Ltd. Financial Services	Held	159,889	0	$1,907,475	+43.2%	8	$4.69	0.39%
PNQI	Victory Portfolios II	Reduced	47,664	-4,000	$1,901,316	+2.0%	17+	before history	0.38%
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	Reduced	3,589	-40	$1,881,856	+7.1%	9	unpriced	0.38%
AAPL	Apple Inc. Technology	Added	10,966	+128	$1,880,449	−9.9%	17+	before history	0.38%
IWM	iShares Russell 2000 ETF	Added	8,631	+204	$1,815,099	+7.3%	13	unpriced	0.37%
MSFT	Microsoft Corp Technology	Reduced	4,292	-534	$1,805,730	−0.5%	17+	before history	0.37%
ESML	iShares ESG Aware MSCI USA Small-Cap ETF	Added	44,309	+335	$1,784,323	+6.8%	10	unpriced	0.36%
AGG	iShares Core U.S. Aggregate Bond ETF	Added	18,138	+6,122	$1,776,435	+49.0%	2	unpriced	0.36%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	9,814	-832	$1,770,249	+9.4%	17+	before history	0.36%
EWX	State Street(R) SPDR(R) S&P(R) Emerging Markets Small Cap ETF	Held	31,400	0	$1,752,120	−1.2%	12	unpriced	0.35%
JNK	State Street(R) SPDR(R) Bloomberg High Yield Bond ETF	Reduced	17,562	-5,330	$1,671,902	−22.9%	17+	before history	0.34%
TOST	Toast, Inc. Technology	Reduced	61,820	-435	$1,540,554	+35.5%	8	$16.57	0.31%
IXJ	iShares Global Healthcare ETF	Added	15,192	+77	$1,415,134	+8.0%	17+	before history	0.29%
AMLP	Alerian MLP ETF	Reduced	26,437	-427	$1,254,700	+9.8%	17+	before history	0.25%
GOOG	Alphabet Inc. Communication Services	Reduced	7,075	-5,357	$1,077,239	−38.5%	17+	before history	0.22%
FRSH	Freshworks Inc. Technology	Held	52,760	0	$960,759	−22.5%	8	$15.09	0.19%
SHY	iShares 1-3 Year Treasury Bond ETF	Added	11,040	+5,278	$902,851	+91.0%	2	unpriced	0.18%
NVDA	Nvidia Corp Technology	Added	949	+90	$857,478	+101.6%	5	$264.63	0.17%
DMXF	iShares ESG Advanced MSCI EAFE ETF	Added	12,376	+1,550	$843,176	+21.9%	10	unpriced	0.17%

Showing the top 50 of 102 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.