Agate Pass Investment Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 7, 2026), Agate Pass Investment Management, LLC reported 105 stock positions worth $255.5 million. Its top holding was Abbvie (ABBV) at 5.7% of the portfolio, followed by Alphabet Class A (GOOGL, 5.5%) and Apple (AAPL, 5.0%). Compared with Q4 2025, it opened 3 new positions, sold out of 4, added to 21 and reduced 55. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +76%) and the biggest sale Oracle (ORCL, shares −57%).

Most Recent 13F
Q2 2026
Location
BAINBRIDGE ISLAND, WA
CIK
0001900409
Portfolio Value
$255.5M (Q1 2026)
SEC Filing
0001900409-26-000002 ↗ filed Apr 7, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $186.4M Q1 2024 Q2 2024: $188.0M Q2 2024 Q3 2024: $200.4M Q3 2024 Q4 2024: $221.2M Q4 2024 Q1 2025: $233.8M Q1 2025 Q2 2025: $243.5M Q2 2025 Q3 2025: $262.8M Q3 2025 Q4 2025: $269.2M Q4 2025 Q1 2026: $255.5M $255.5M Q1 2026 Q2 2026: $271.2M Q2 2026

Holdings 105 stocks · $255.5M
ABBV Abbvie Inc. 5.71% 67,051 $14.6M Reduce -0.3%
GOOGL Alphabet Inc. Class A 5.52% 49,042 $14.1M Reduce -5.0%
AAPL Apple Inc. 5.05% 50,813 $12.9M Reduce -1.6%
VB Vanguard Most SM-Cap ETF-Usd 4.32% 42,156 $11.0M Reduce -1.7%
VOO Vanguard S&P 500 ETF 4.17% 17,842 $10.7M Add +76.2%
MSFT Microsoft Corp. 3.92% 27,060 $10.0M Add +0.1%
VUG Vanguard Mrngstar GR ETF-Sui 3.72% 21,777 $9.5M Reduce -2.1%
JPM JPMorgan Chase & Co. 3.05% 26,471 $7.8M Reduce -1.4%
VEU Vanguard Ftse All-World Ex-U 2.99% 101,740 $7.6M Reduce -1.1%
JNJ Johnson & Johnson 2.61% 27,322 $6.7M Reduce -2.0%
AMZN Amazon.com Inc. 2.48% 30,473 $6.3M Add +0.2%
ABT Abbott Laboratories 2.00% 49,878 $5.1M Reduce -19.0%
CSCO Cisco Systems Inc. 1.91% 63,024 $4.9M Reduce -5.2%
XLK SS Technology Select Sector 1.78% 34,311 $4.6M Add +18.6%
IGIB iShares 5-10Y Inv Grade Corp. 1.75% 84,010 $4.5M Add +5.5%
RTX RTX Corp. 1.68% 22,281 $4.3M Reduce -2.9%
ICSH iShares Ultra Short Duration 1.68% 84,625 $4.3M Add +8.3%
IGSB iShares 1-5Y Inv Grade Corp. 1.58% 76,757 $4.0M Reduce -1.5%
GOOG Alphabet Inc. Class C 1.35% 12,065 $3.5M Reduce -1.2%
MA Mastercard Inc. Class A 1.34% 6,874 $3.4M Reduce -0.1%
PEP Pepsico Inc. 1.31% 21,534 $3.3M Reduce -3.7%
HUBB Hubbell Inc. 1.26% 6,539 $3.2M Reduce -2.3%
COST Costco Wholesale Corp. 1.25% 3,208 $3.2M Add +0.1%
LOW Lowe's Cos Inc. 1.19% 12,826 $3.0M Reduce -0.8%
CVX Chevron Corp. 1.16% 14,308 $3.0M Reduce -1.5%
XOM Exxon Mobil Corp. 1.14% 17,090 $2.9M Reduce -2.0%
CPAY Corpay Inc. 1.08% 9,452 $2.8M Add +3.0%
VCSH Vanguard S/T Corp. Bond ETF 1.07% 34,605 $2.7M Reduce -4.9%
PLD Prologis Inc. 1.07% 20,713 $2.7M Reduce -0.0%
AMAT Applied Materials Inc. 0.99% 7,424 $2.5M Add +2.7%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.99% 21,240 $2.5M No change
DHR Danaher Corp. 0.98% 13,166 $2.5M Reduce -3.4%
TXN Texas Instruments Inc. 0.95% 12,555 $2.4M Reduce -8.7%
BRK.B Berkshire Hathaway Inc. Class B 0.88% 4,710 $2.3M Reduce -0.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.88% 3,437 $2.2M Reduce -1.7%
PG The Procter & Gamble Co. 0.86% 15,288 $2.2M Reduce -0.1%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.86% 33,247 $2.2M Reduce -5.3%
ENB Enbridge Inc. 0.80% 37,605 $2.0M Reduce -1.3%
ORCL Oracle Corp. 0.80% 13,836 $2.0M Reduce -56.8%
SCHD Schwab US DVD Equity ETF 0.72% 60,320 $1.9M Reduce -0.3%
VCIT Vanguard Int-Term Corporate 0.72% 22,105 $1.8M Add +11.0%
APD Air Products & Chemicals Inc. 0.71% 6,211 $1.8M Reduce -1.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.70% 7,393 $1.8M No change
TRV The Travelers Cos Inc. 0.69% 6,025 $1.8M No change
WELL Welltower Inc. 0.68% 8,785 $1.7M No change
V Visa Inc. Class A 0.67% 5,655 $1.7M Add +0.8%
ADP Automatic Data Processing 0.67% 8,393 $1.7M Reduce -14.7%
MDT Medtronic PLC 0.61% 18,065 $1.6M Reduce -3.8%
ROK Rockwell Automation Inc. 0.60% 4,280 $1.5M No change
NVS Novartis AG-Sponsored ADR 0.59% 9,950 $1.5M No change
AFL Aflac Inc. 0.52% 12,021 $1.3M Reduce -1.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.51% 13,455 $1.3M Reduce -12.6%
AMGN Amgen Inc. 0.51% 3,683 $1.3M Reduce -0.8%
VTEB Vanguard Tax-Exempt Bond ETF 0.50% 25,798 $1.3M Add +97.3%
SBUX Starbucks Corp. 0.48% 13,759 $1.2M Add +0.0%
NTRS Northern Trust Corp. 0.47% 8,595 $1.2M No change
SDY SS SPDR S&P Dividend ETF 0.46% 7,980 $1.2M Reduce -1.9%
XLY SS Consumer Disc Select Sect 0.45% 10,607 $1.2M Reduce -10.6%
WWD Woodward Inc. 0.45% 3,225 $1.2M Reduce -2.7%
IVV iShares Core S&P 500 ETF 0.43% 1,666 $1.1M Reduce -0.2%
CRM Salesforce Inc. 0.42% 5,702 $1.1M Reduce -32.8%
XLE SS Energy Select Sector 0.40% 16,503 $1.0M Reduce -11.8%
VIG Vanguard Dividend Apprec ETF 0.39% 4,667 $1.0M Add +4.2%
LIN Linde PLC 0.37% 1,886 $935K Add +5.4%
MAR Marriott International Class A 0.35% 2,771 $906K Add +38.5%
DLR Digital Realty Trust Inc. 0.35% 4,965 $895K No change
VTI VG Morningstar TS MKT ETF-US 0.34% 2,723 $874K No change
JPST JPMorgan Ultra-Short Income 0.33% 16,862 $853K Add +2.4%
CPRT Copart Inc. 0.33% 25,700 $853K Add +4.5%
BLK BlackRock Inc. 0.33% 883 $850K No change
MRK Merck & Co. Inc. 0.32% 6,800 $818K No change
IWM iShares Russell 2000 ETF 0.32% 3,288 $815K Reduce -1.5%
XLV SS Health Care Select Sector 0.32% 5,495 $806K No change
XLC SS Comm Select Sector SPDR 0.31% 7,082 $785K Reduce -29.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.30% 3,503 $761K No change
PH Parker Hannifin Corp. 0.29% 834 $747K Reduce -11.6%
QQQ Invesco QQQ Trust Series 1 0.28% 1,233 $712K Reduce -2.0%
NKE Nike Inc. Class B 0.27% 12,825 $677K Reduce -5.7%
COP Conocophillips 0.24% 4,643 $613K No change
DUK Duke Energy Corp. 0.21% 4,164 $545K Reduce -19.9%
USMV iShares MSCI USA Min Vol Fac 0.21% 5,832 $541K No change
SYY Sysco Corp. 0.21% 7,484 $534K Reduce -12.8%
AEP American Electric Power 0.20% 3,825 $501K No change
PRU Prudential Financial Inc. 0.19% 4,950 $484K No change
UNH Unitedhealth Group Inc. 0.19% 1,771 $479K Add +4.7%
AXP American Express Co. 0.19% 1,570 $475K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.18% 10,116 $464K Add +13.7%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.18% 1,524 $461K Add +0.1%
XLF SS Financial Select Sector 0.15% 7,682 $379K No change
RJF Raymond James Financial Inc. 0.15% 2,582 $374K Reduce -3.7%
GPC Genuine Parts Co. 0.13% 3,084 $326K Reduce -51.8%
NVO Novo-Nordisk A/S-Spons ADR 0.11% 7,984 $293K Reduce -3.1%
FISV Fiserv Inc. 0.11% 5,194 $290K Reduce -60.8%
AMT American Tower Corp. 0.10% 1,470 $254K No change
VYM Vanguard High DVD Yield ETF 0.10% 1,680 $249K Reduce -27.8%
VCR Vanguard Consumer Discre ETF 0.09% 661 $237K Reduce -49.9%
VEA Vanguard Ftse Developed ETF 0.09% 3,599 $231K No change
MCD McDonald's Corp. 0.09% 731 $227K No change
RMD Resmed Inc. 0.09% 1,011 $227K No change
SHW The Sherwin-Williams Co. 0.09% 703 $225K No change
BMY Bristol-Myers Squibb Co. 0.08% 3,500 $212K New
LHX L3HARRIS Technologies Inc. 0.08% 610 $211K New
BALL Ball Corp. 0.08% 3,560 $210K New
HD Home Depot Inc. 0.08% 620 $204K No change
FSBW FS Bancorp Inc. 0.08% 5,240 $202K No change

Portfolio Sells Q4 2025 → Q1 2026
ORCL Oracle Corp. Reduce -56.8% 0.80% −1.52
ABT Abbott Laboratories Reduce -19.0% 2.00% −0.86
GOOGL Alphabet Inc. Class A Reduce -5.0% 5.52% −0.48
CRM Salesforce Inc. Reduce -32.8% 0.42% −0.42
VUG Vanguard Mrngstar GR ETF-Sui Reduce -2.1% 3.72% −0.31
ADP Automatic Data Processing Reduce -14.7% 0.67% −0.27
FISV Fiserv Inc. Reduce -60.8% 0.11% −0.22
DHR Danaher Corp. Reduce -3.4% 0.98% −0.18
AAPL Apple Inc. Reduce -1.6% 5.05% −0.17
JPM JPMorgan Chase & Co. Reduce -1.4% 3.05% −0.17
GPC Genuine Parts Co. Reduce -51.8% 0.13% −0.16
DIS The Walt Disney Co. Reduce -12.6% 0.51% −0.14
XLC SS Comm Select Sector SPDR Reduce -29.1% 0.31% −0.13
MA Mastercard Inc. Class A Reduce -0.1% 1.34% −0.12
VCR Vanguard Consumer Discre ETF Reduce -49.9% 0.09% −0.10
SHM SS SPDR N Ice St Muni ETF Sold out 0.00% −0.09
SUB iShares Short-Term National Sold out 0.00% −0.08
WFC Wells Fargo & Co. Sold out 0.00% −0.08
CTSH Cognizant Tech Solutions-A Sold out 0.00% −0.08
XLY SS Consumer Disc Select Sect Reduce -10.6% 0.45% −0.07
GOOG Alphabet Inc. Class C Reduce -1.2% 1.35% −0.07
MDT Medtronic PLC Reduce -3.8% 0.61% −0.06
NKE Nike Inc. Class B Reduce -5.7% 0.27% −0.06
WRB WR Berkley Corp. Reduce -5.3% 0.86% −0.05
NVO Novo-Nordisk A/S-Spons ADR Reduce -3.1% 0.11% −0.04
VYM Vanguard High DVD Yield ETF Reduce -27.8% 0.10% −0.03
SYY Sysco Corp. Reduce -12.8% 0.21% −0.03
PH Parker Hannifin Corp. Reduce -11.6% 0.29% −0.02
RJF Raymond James Financial Inc. Reduce -3.7% 0.15% −0.01
DUK Duke Energy Corp. Reduce -19.9% 0.21% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.7% 0.88% −0.01
QQQ Invesco QQQ Trust Series 1 Reduce -2.0% 0.28% −0.01
VCSH Vanguard S/T Corp. Bond ETF Reduce -4.9% 1.07% −0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.7% 0.88% −0.00
IVV iShares Core S&P 500 ETF Reduce -0.2% 0.43% +0.00
ABBV Abbvie Inc. Reduce -0.3% 5.71% +0.00
CSCO Cisco Systems Inc. Reduce -5.2% 1.91% +0.01
IWM iShares Russell 2000 ETF Reduce -1.5% 0.32% +0.01
AFL Aflac Inc. Reduce -1.0% 0.52% +0.02
LOW Lowe's Cos Inc. Reduce -0.8% 1.19% +0.03
SDY SS SPDR S&P Dividend ETF Reduce -1.9% 0.46% +0.04
IGSB iShares 1-5Y Inv Grade Corp. Reduce -1.5% 1.58% +0.05
PG The Procter & Gamble Co. Reduce -0.1% 0.86% +0.05
AMGN Amgen Inc. Reduce -0.8% 0.51% +0.06
TXN Texas Instruments Inc. Reduce -8.7% 0.95% +0.07
WWD Woodward Inc. Reduce -2.7% 0.45% +0.08
XLE SS Energy Select Sector Reduce -11.8% 0.40% +0.08
PLD Prologis Inc. Reduce -0.0% 1.07% +0.09
SCHD Schwab US DVD Equity ETF Reduce -0.3% 0.72% +0.11
PEP Pepsico Inc. Reduce -3.7% 1.31% +0.12

Portfolio Buys Q4 2025 → Q1 2026
VOO Vanguard S&P 500 ETF Add +76.2% 4.17% +1.81
AMAT Applied Materials Inc. Add +2.7% 0.99% +0.30
VTEB Vanguard Tax-Exempt Bond ETF Add +97.3% 0.50% +0.26
XLK SS Technology Select Sector Add +18.6% 1.78% +0.24
COST Costco Wholesale Corp. Add +0.1% 1.25% +0.22
ICSH iShares Ultra Short Duration Add +8.3% 1.68% +0.21
IGIB iShares 5-10Y Inv Grade Corp. Add +5.5% 1.75% +0.16
MAR Marriott International Class A Add +38.5% 0.35% +0.12
VCIT Vanguard Int-Term Corporate Add +11.0% 0.72% +0.10
BMY Bristol-Myers Squibb Co. New 0.08% +0.08
LIN Linde PLC Add +5.4% 0.37% +0.08
BALL Ball Corp. New 0.08% +0.08
LHX L3HARRIS Technologies Inc. New 0.08% +0.08
SBUX Starbucks Corp. Add +0.0% 0.48% +0.05
CPAY Corpay Inc. Add +3.0% 1.08% +0.05
XLU St Sr Utl SL SE SPDR ETF-Usd Add +13.7% 0.18% +0.04
VIG Vanguard Dividend Apprec ETF Add +4.2% 0.39% +0.03
JPST JPMorgan Ultra-Short Income Add +2.4% 0.33% +0.02
VBK Van Morst SML-Cap Gro-Usd Inc. Add +0.1% 0.18% +0.01
UNH Unitedhealth Group Inc. Add +4.7% 0.19% −0.02
CPRT Copart Inc. Add +4.5% 0.33% −0.02
V Visa Inc. Class A Add +0.8% 0.67% −0.06
AMZN Amazon.com Inc. Add +0.2% 2.48% −0.12
MSFT Microsoft Corp. Add +0.1% 3.92% −0.94

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 109$271.2MGOOGL, AAPL, ABBV, VOO, VB
Q1 2026 105$255.5MABBV, GOOGL, AAPL, VB, VOO
Q4 2025 106$269.2MGOOGL, ABBV, AAPL, MSFT, VB
Q3 2025 103$262.8MABBV, MSFT, AAPL, GOOGL, VB
Q2 2025 107$243.5MABBV, MSFT, VB, AAPL, GOOGL
Q1 2025 107$233.8MABBV, AAPL, VB, ABT, MSFT
Q4 2024 107$221.2MVB, AAPL, ABBV, MSFT, GOOGL
Q3 2024 94$200.4MABBV, VB, AAPL, MSFT, ABT
Q2 2024 94$188.0MABBV, MSFT, VB, AAPL, GOOGL
Q1 2024 95$186.4MABBV, VB, MSFT, ABT, AAPL