Pathstone Holdings, LLC
Filing Date
Global Rank
#231
/ 8,232
▲ 16
Top Industry
Semiconductors
9.3%
3Y Alpha vs SPY
-3.9%
Period ended 3 months ago
Filed May 11, 2026 · 35d
10 quarters · since Dec 2023
Clone Performance
Feb 2024–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+41.4%
SPY
+52.9%
Annualised alpha
-3.9%
Max drawdown
−18.3%
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
1,796 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
9.7%
−0.1 pts
Top 5
26.8%
−1.4 pts
Top 10
35.0%
−3.5 pts
HHI
197
Diversified−25
Portfolio Trend
10 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 25.7% | $3,750,425,752 |
| Financial Services | 16.2% | $2,364,523,673 |
| Unclassified | 14.2% | $2,078,988,870 |
| Consumer Cyclical | 8.6% | $1,256,739,920 |
| Industrials | 7.7% | $1,125,618,631 |
| Healthcare | 7.4% | $1,085,637,523 |
| Communication Services | 5.9% | $858,702,278 |
| Consumer Defensive | 5.5% | $810,470,478 |
| Energy | 3.8% | $555,824,491 |
| Basic Materials | 2.0% | $285,600,905 |
| Utilities | 1.5% | $225,984,874 |
| Real Estate | 1.5% | $212,131,955 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| MHD | Blackrock Muniholdings Fund, Inc. | +2,881,080 | 3,911,221 | $44,118,572 | |
| DHF | Bny Mellon High Yield Strategies Fund | +1,695,160 | 8,846,596 | $21,585,693 | |
| SGHT | Sight Sciences, Inc. | +1,678,980 | 2,397,332 | $9,037,941 | |
| GLO | Clough Global Opportunities Fund | +1,140,414 | 3,808,702 | $21,214,470 | |
| MYI | Blackrock Muniyield Quality Fund III, Inc. | +879,585 | 895,285 | $9,409,445 | |
| EDD | Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. | +533,290 | 2,768,912 | $14,038,382 | |
| LYG | Lloyds Banking Group plc | +439,638 | 995,332 | $5,006,519 | |
| ET | Energy Transfer LP | +413,532 | 1,343,586 | $25,931,209 | |
| FSSL | FS Specialty Lending Fund | +377,952 | 815,689 | $10,204,268 | |
| TEI | Templeton Emerging Markets Income Fund | +359,187 | 1,366,086 | $8,210,176 | |
| AFB | Alliancebernstein National Municipal Income Fund | +345,998 | 3,088,392 | $33,014,909 | |
| BGX | Blackstone Long-Short Credit Income Fund | +314,884 | 706,910 | $7,705,318 | |
| MSD | Morgan Stanley Emerging Markets Debt Fund Inc | +299,193 | 463,549 | $3,254,113 | |
| NBH | Neuberger Municipal Fund Inc. | +294,889 | 2,035,040 | $20,655,655 | |
| HEQ | John Hancock Diversified Income Fund | +274,382 | 522,041 | $5,669,364 | |
| EFOR | Everforth Inc | +272,330 | 1,202,233 | $46,538,439 | |
| GLQ | Clough Global Equity Fund | +260,481 | 658,661 | $4,959,716 | |
| OPP | RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. | +213,001 | 346,143 | $2,654,916 | |
| RFMZ | RiverNorth Flexible Municipal Income Fund II, Inc. | +199,459 | 546,079 | $6,907,898 | |
| NWG | NatWest Group plc | +197,481 | 581,001 | $8,656,914 | |
| GT | Goodyear Tire & Rubber Co /Oh/ | +193,184 | 210,049 | $1,392,624 | |
| MFM | Mfs Municipal Income Trust | +179,776 | 4,825,845 | $26,011,303 | |
| VFL | abrdn National Municipal Income Fund | +174,738 | 594,149 | $5,917,723 | |
| CRCL | Circle Internet Group, Inc. | +172,469 | 175,217 | $16,717,453 | |
| RELX | Relx PLC | +165,222 | 446,908 | $14,814,999 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| PAA | Plains All American Pipeline LP | −1,882,515 | 302,443 | $6,753,552 | |
| PAGP | Plains Gp Holdings LP | −1,777,041 | 279,490 | $6,786,017 | |
| CRWD | CrowdStrike Holdings, Inc. | −1,045,919 | 161,231 | $62,946,193 | |
| MIST | Milestone Pharmaceuticals Inc. | −1,000,000 | 17,040 | $20,277 | |
| EOD | Allspring Global Dividend Opportunity Fund | −560,033 | 693,617 | $4,043,787 | |
| MEGI | NYLI CBRE Global Infrastructure Megatrends Term Fund | −489,900 | 105,342 | $1,547,473 | |
| NFJ | Virtus Dividend, Interest & Premium Strategy Fund | −414,684 | 72,332 | $912,105 | |
| EMD | Western Asset Emerging Markets Debt Fund Inc. | −385,806 | 905,604 | $8,893,030 | |
| FTF | Franklin Ltd Duration Income Trust | −341,094 | 477,950 | $2,786,447 | |
| EFR | Eaton Vance Senior Floating-Rate Trust | −319,350 | 881,001 | $9,285,749 | |
| SDHY | PGIM Short Duration High Yield Opportunities Fund | −306,717 | 518,927 | $8,313,210 | |
| KBDC | Kayne Anderson BDC, Inc. | −235,161 | 1,118,178 | $15,341,402 | |
| GBDC | GOLUB CAPITAL BDC, Inc. | −226,331 | 428,575 | $5,425,759 | |
| BTT | BlackRock Municipal 2030 Target Term Trust | −220,685 | 1,613,294 | $36,621,773 | |
| EVTC | EVERTEC, Inc. | −210,223 | 16,998 | $479,683 | |
| MCR | Mfs Charter Income Trust | −208,980 | 144,700 | $876,881 | |
| PEO | Adams Natural Resources Fund, Inc. | −180,874 | 72,803 | $2,023,922 | |
| GPK | Graphic Packaging Holding Co | −170,851 | 248,767 | $2,472,743 | |
| NMAI | Nuveen Multi-Asset Income Fund | −162,959 | 1,061,064 | $13,157,192 | |
| MMT | Mfs Multimarket Income Trust | −154,711 | 437,581 | $2,021,624 | |
| WIT | Wipro Ltd | −152,193 | 276,988 | $587,214 | |
| CPZ | Calamos Long/Short Equity & Dynamic Income Trust | −139,601 | 41,544 | $563,752 | |
| PMO | Putnam Municipal Opportunities Trust | −126,778 | 245,806 | $2,531,801 | |
| VYX | NCR Voyix Corp | −123,383 | 203,547 | $1,288,452 | |
| CPNG | Coupang, Inc. | −114,096 | 52,164 | $984,855 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AZN | Astrazeneca PLC | 170,432 | $33,612,597 | |
| AWF | Alliancebernstein Global High Income Fund Inc | 1,078,357 | $10,966,890 | |
| AMCR | Amcor plc | 270,707 | $10,760,602 | |
| FSCO | FS Credit Opportunities Corp. | 2,028,326 | $10,344,462 | |
| SUNB | Sunbelt Rentals Holdings, Inc. | 136,120 | $8,860,049 | |
| PDX | PIMCO Dynamic Income Strategy Fund | 388,722 | $8,575,207 | |
| TSLX | Sixth Street Specialty Lending, Inc. | 442,900 | $8,140,502 | |
| MQY | Blackrock Muniyield Quality Fund, Inc. | 525,658 | $5,771,724 | |
| PNFP | Pinnacle Financial Partners, Inc. | 52,897 | $4,556,546 | |
| VSNT | Versant Media Group, Inc. | 75,982 | $2,812,853 | |
| CART | Maplebear Inc. | 74,892 | $2,805,453 | |
| DLY | DoubleLine Yield Opportunities Fund | 154,770 | $2,154,398 | |
| ACI | Albertsons Companies, Inc. | 106,674 | $1,817,724 | |
| GENI | Genius Sports Ltd | 324,345 | $1,436,848 | |
| DSL | DoubleLine Income Solutions Fund | 114,725 | $1,242,471 | |
| ULS | UL Solutions Inc. | 11,888 | $1,018,920 | |
| PRMB | Primo Brands Corp | 49,146 | $925,418 | |
| PSMT | Pricesmart Inc | 5,721 | $861,010 | |
| MWA | Mueller Water Products, Inc. | 31,147 | $856,230 | |
| SPXX | Nuveen S&P 500 Dynamic Overwrite Fund | 47,702 | $766,571 | |
| FTDR | Frontdoor, Inc. | 14,404 | $761,394 | |
| LBRT | Liberty Energy Inc. | 20,393 | $587,317 | |
| NE | Noble Corp plc | 11,325 | $555,717 | |
| USPH | U S Physical Therapy Inc /Nv | 6,795 | $509,353 | |
| EIM | Eaton Vance Municipal Bond Fund | 50,445 | $492,846 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| GNT | GAMCO Natural Resources, Gold & Income Trust | 417,597 | $3,111,097 | |
| EFT | Eaton Vance Floating-Rate Income Trust | 207,141 | $2,338,621 | |
| JFR | Nuveen Floating Rate Income Fund | 279,508 | $2,188,547 | |
| ACHV | Achieve Life Sciences, Inc. | 416,667 | $2,070,834 | |
| IHS | IHS Holding Ltd | 253,039 | $1,887,670 | |
| NOMD | Nomad Foods Ltd | 139,169 | $1,741,003 | |
| EXAS | EXACT SCIENCES CORP | 17,046 | $1,731,191 | |
| TGNA | TEGNA INC | 75,635 | $1,468,074 | |
| EPAM | EPAM Systems, Inc. | 6,777 | $1,388,471 | |
| GSHD | Goosehead Insurance, Inc. | 14,978 | $1,103,128 | |
| MMD | NYLI MacKay DefinedTerm Muni Opportunities Fund | 69,607 | $1,035,055 | |
| STKL | SunOpta Inc. | 221,178 | $840,476 | |
| REXR | Rexford Industrial Realty, Inc. | 18,292 | $708,265 | |
| BOE | BlackRock Enhanced Global Dividend Trust | 59,331 | $694,765 | |
| FBIN | Fortune Brands Innovations, Inc. | 13,804 | $690,475 | |
| ELF | e.l.f. Beauty, Inc. | 8,607 | $654,475 | |
| FT | Franklin Universal Trust | 79,153 | $633,224 | |
| BOX | Box Inc | 20,824 | $622,845 | |
| CSGS | Csg Systems International Inc | 8,030 | $615,820 | |
| HUBG | Hub Group, Inc. | 13,990 | $596,113 | |
| YMM | Full Truck Alliance Co. Ltd. | 53,687 | $576,061 | |
| SPSC | Sps Commerce Inc | 5,722 | $510,001 | |
| FFIN | First Financial Bankshares Inc | 15,430 | $460,892 | |
| AORT | Artivion, Inc. | 9,597 | $437,718 | |
| ABG | Asbury Automotive Group Inc | 1,798 | $418,087 | |
| No positions match the current search. | ||||
91 positions ·
$285,600,905 total
· Basic Materials only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 91 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| LIN |
Linde PLC
Basic Materials
|
Added | 72,569 | $35,976,806 | 12.60% | |
| NEM |
NEWMONT Corp /DE/
Basic Materials
|
Added | 180,681 | $19,558,718 | 6.85% | |
| ECL |
Ecolab Inc.
Basic Materials
|
Reduced | 56,253 | $14,964,422 | 5.24% | |
| MLM |
Martin Marietta Materials Inc
Basic Materials
|
Reduced | 23,799 | $14,009,994 | 4.91% | |
| SHW |
Sherwin Williams Co
Basic Materials
|
Reduced | 32,283 | $10,348,314 | 3.62% | |
| CTVA |
Corteva, Inc.
Basic Materials
|
Added | 107,652 | $9,011,548 | 3.16% | |
| APD |
Air Products & Chemicals, Inc.
Basic Materials
|
Reduced | 28,603 | $8,308,884 | 2.91% | |
| LYB |
LyondellBasell Industries N.V.
Basic Materials
|
Added | 102,585 | $8,264,246 | 2.89% | |
| NUE |
Nucor Corp
Basic Materials
|
Added | 44,730 | $7,563,842 | 2.65% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Added | 125,505 | $7,377,183 | 2.58% | |
| RS |
Reliance, Inc.
Basic Materials
|
Added | 21,323 | $6,480,485 | 2.27% | |
| AU |
AngloGold Ashanti PLC
Basic Materials
|
Added | 57,303 | $5,579,019 | 1.95% | |
| B |
Barrick Mining Corp
Basic Materials
|
Added | 126,928 | $5,177,392 | 1.81% | |
| CRH |
Crh Public Ltd Co
Basic Materials
|
Added | 48,247 | $5,071,724 | 1.78% | |
| AEM |
Agnico Eagle Mines Ltd
Basic Materials
|
Reduced | 24,483 | $4,969,558 | 1.74% | |
| KGC |
Kinross Gold Corp
Basic Materials
|
Added | 148,687 | $4,537,926 | 1.59% | |
| DD |
DuPont de Nemours, Inc.
Basic Materials
|
Added | 97,329 | $4,457,666 | 1.56% | |
| SSD |
Simpson Manufacturing Co., Inc.
Basic Materials
|
Reduced | 24,343 | $4,177,745 | 1.46% | |
| DOW |
Dow Inc.
Basic Materials
|
Reduced | 98,923 | $4,120,142 | 1.44% | |
| CDE |
Coeur Mining, Inc.
Basic Materials
|
Added | 193,581 | $3,633,514 | 1.27% | |
| BHP |
BHP Group Ltd
Basic Materials
|
Added | 49,818 | $3,623,760 | 1.27% | |
| MTRN |
MATERION Corp
Basic Materials
|
Added | 25,028 | $3,620,299 | 1.27% | |
| STLD |
Steel Dynamics Inc
Basic Materials
|
Added | 18,600 | $3,348,000 | 1.17% | |
| MT |
ArcelorMittal
Basic Materials
|
Reduced | 63,124 | $3,281,184 | 1.15% | |
| AXTA |
Axalta Coating Systems Ltd.
Basic Materials
|
Reduced | 118,060 | $3,270,261 | 1.15% | |
| EQX |
Equinox Gold Corp.
Basic Materials
|
Added | 225,145 | $3,255,596 | 1.14% | |
| VMC |
Vulcan Materials CO
Basic Materials
|
Reduced | 11,414 | $3,108,031 | 1.09% | |
| AMRZ |
Amrize Ltd
Basic Materials
|
Added | 52,453 | $2,938,416 | 1.03% | |
| WPM |
Wheaton Precious Metals Corp.
Basic Materials
|
Reduced | 21,999 | $2,882,088 | 1.01% | |
| PAAS |
Pan American Silver Corp
Basic Materials
|
Added | 52,710 | $2,879,547 | 1.01% | |
| HL |
Hecla Mining Co/De/
Basic Materials
|
Reduced | 150,994 | $2,813,018 | 0.98% | |
| RGLD |
Royal Gold Inc
Basic Materials
|
Added | 10,944 | $2,785,137 | 0.98% | |
| SCCO |
Southern Copper Corp/
Basic Materials
|
Added | 16,121 | $2,773,778 | 0.97% | |
| ALB |
Albemarle Corp
Basic Materials
|
Added | 14,745 | $2,647,168 | 0.93% | |
| BCPC |
Balchem Corp
Basic Materials
|
Added | 14,055 | $2,382,041 | 0.83% | |
| CF |
CF Industries Holdings, Inc.
Basic Materials
|
Added | 18,197 | $2,362,697 | 0.83% | |
| SBSW |
Sibanye Stillwater Ltd
Basic Materials
|
Reduced | 191,533 | $2,359,686 | 0.83% | |
| RIO |
Rio Tinto PLC
Basic Materials
|
Added | 25,216 | $2,352,400 | 0.82% | |
| SOLS |
Solstice Advanced Materials Inc.
Basic Materials
|
Added | 30,851 | $2,349,610 | 0.82% | |
| AGI |
Alamos Gold Inc
Basic Materials
|
Added | 50,773 | $2,255,844 | 0.79% | |
| RPM |
Rpm International Inc/De/
Basic Materials
|
Reduced | 20,493 | $2,037,003 | 0.71% | |
| PPG |
Ppg Industries Inc
Basic Materials
|
Added | 18,903 | $2,020,351 | 0.71% | |
| HWKN |
Hawkins Inc
Basic Materials
|
Added | 13,059 | $2,005,862 | 0.70% | |
| MP |
MP Materials Corp. / DE
Basic Materials
|
Added | 40,503 | $1,954,674 | 0.68% | |
| EMN |
Eastman Chemical Co
Basic Materials
|
Reduced | 23,769 | $1,814,049 | 0.64% | |
| MOS |
Mosaic Co
Basic Materials
|
Added | 67,947 | $1,732,648 | 0.61% | |
| SKE |
Skeena Resources Ltd
Basic Materials
|
Added | 55,765 | $1,657,335 | 0.58% | |
| FMC |
Fmc Corp
Basic Materials
|
Reduced | 90,684 | $1,561,578 | 0.55% | |
| AVNT |
Avient Corp
Basic Materials
|
Reduced | 39,757 | $1,443,178 | 0.51% | |
| GFI |
Gold Fields Ltd
Basic Materials
|
Added | 31,591 | $1,434,231 | 0.50% |