Barton Investment Management
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 27, 2025), Barton Investment Management reported 48 stock positions worth $942.8 million. Its top holding was Netflix (NFLX) at 28.4% of the portfolio, followed by Shopify Class A (SHOP, 21.1%) and Amazon.com (AMZN, 13.9%). Compared with Q3 2024, it opened 2 new positions, sold out of 3, added to 5 and reduced 20. The biggest buy was Global-E Online (GLBE, shares +0%) and the biggest sale Blackline (BL, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- WEST CONSHOHOCKEN, PA
- CIK
- 0001387818
- Portfolio Value
- $942.8M (Q4 2024)
- SEC Filing
- 0001387818-25-000001 ↗ filed Jan 27, 2025
Holdings Value
Holdings 48 stocks · $942.8M
| NFLX Netflix Inc. | 28.42% | 300,605 | $267.9M | Reduce -1.9% |
| SHOP Shopify Inc. Class A | 21.12% | 1,872,997 | $199.2M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 13.93% | 598,826 | $131.4M | Reduce -0.9% |
| GLBE Global-E Online Ltd. | 5.80% | 1,002,687 | $54.7M | Add +0.2% |
| OWL Blue Owl Capital Inc. | 4.52% | 1,830,219 | $42.6M | Reduce -0.3% |
| EQIX Equinix Inc. | 3.82% | 38,218 | $36.0M | Reduce -0.6% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 3.46% | 677,123 | $32.6M | Reduce -1.3% |
| OKTA Okta Inc. | 2.18% | 260,744 | $20.5M | Reduce -7.8% |
| GTLB Gitlab Inc. Class A | 2.01% | 335,648 | $18.9M | Add +99.4% |
| GFL GFL Environmental Inc.-Sub VT | 1.96% | 414,598 | $18.5M | Add +0.7% |
| BL Blackline Inc. | 1.76% | 273,082 | $16.6M | Reduce -32.2% |
| AMT American Tower Corp. | 1.69% | 87,051 | $16.0M | Reduce -1.4% |
| PYPL PayPal Holdings Inc. | 1.29% | 142,629 | $12.2M | Reduce -1.7% |
| MSFT Microsoft Corp. | 1.17% | 26,195 | $11.0M | No change |
| EA Electronic Arts Inc. | 0.90% | 58,260 | $8.5M | Reduce -8.1% |
| QCOM Qualcomm Inc. | 0.80% | 49,348 | $7.6M | Reduce -0.6% |
| AAPL Apple Inc. | 0.78% | 29,194 | $7.3M | Reduce -6.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.72% | 10 | $6.8M | No change |
| BERKSHIRE HATHAWAY INC | 0.50% | 10,450 | $4.7M | Reduce -2.6% |
| GOOGL Alphabet Inc. Class A | 0.39% | 19,330 | $3.7M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.37% | 12,017 | $3.5M | Reduce -1.1% |
| GOOG Alphabet Inc. Class C | 0.24% | 11,700 | $2.2M | No change |
| JNJ Johnson & Johnson | 0.23% | 14,943 | $2.2M | Reduce -2.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.22% | 18,256 | $2.1M | Reduce -2.3% |
| ABBV Abbvie Inc. | 0.18% | 9,614 | $1.7M | No change |
| ADBE Adobe Inc. | 0.15% | 3,200 | $1.4M | No change |
| XOM Exxon Mobil Corp. | 0.14% | 12,549 | $1.3M | Reduce -3.5% |
| ORCL Oracle Corp. | 0.13% | 7,275 | $1.2M | No change |
| BILL Bill Holdings Inc. | 0.13% | 14,195 | $1.2M | No change |
| ABT Abbott Laboratories | 0.12% | 9,894 | $1.1M | No change |
| DASH DoorDash Inc. Class A | 0.11% | 6,000 | $1.0M | No change |
| COST Costco Wholesale Corp. | 0.10% | 1,024 | $938K | No change |
| MRK Merck & Co. Inc. | 0.09% | 8,158 | $812K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.07% | 6,289 | $700K | No change |
| NVDA Nvidia Corp. | 0.07% | 4,819 | $647K | Add +7.1% |
| AXP American Express Co. | 0.05% | 1,735 | $515K | Reduce -8.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.05% | 839 | $492K | No change |
| META Meta Platforms Inc. Class A | 0.05% | 765 | $448K | No change |
| ADP Automatic Data Processing | 0.04% | 1,400 | $410K | No change |
| CI The Cigna Group | 0.03% | 1,080 | $298K | No change |
| VRT Vertiv Holdings Co. Class A | 0.03% | 2,300 | $261K | Reduce -4.2% |
| PFE Pfizer Inc. | 0.03% | 9,731 | $258K | Add +0.2% |
| CSCO Cisco Systems Inc. | 0.03% | 4,265 | $252K | New |
| AVGO Broadcom Inc. | 0.03% | 1,075 | $249K | New |
| NTRS Northern Trust Corp. | 0.02% | 2,250 | $231K | No change |
| WMT Walmart Inc. | 0.02% | 2,535 | $229K | No change |
| TFX Teleflex Inc. | 0.02% | 1,200 | $214K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.02% | 1,235 | $209K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| BL Blackline Inc. | Reduce -32.2% | 1.76% | −1.02 |
| AMT American Tower Corp. | Reduce -1.4% | 1.69% | −0.87 |
| OKTA Okta Inc. | Reduce -7.8% | 2.18% | −0.45 |
| EQIX Equinix Inc. | Reduce -0.6% | 3.82% | −0.45 |
| AL Sumisho Air Lease Corp. | Reduce -1.3% | 3.46% | −0.42 |
| QCOM Qualcomm Inc. | Reduce -0.6% | 0.80% | −0.25 |
| EA Electronic Arts Inc. | Reduce -8.1% | 0.90% | −0.23 |
| VGSH Vanguard Short-Term Treasury | Sold out | 0.00% | −0.17 |
| AMZN Amazon.com Inc. | Reduce -0.9% | 13.93% | −0.14 |
| AAPL Apple Inc. | Reduce -6.9% | 0.78% | −0.14 |
| PYPL PayPal Holdings Inc. | Reduce -1.7% | 1.29% | −0.12 |
| BERKSHIRE HATHAWAY INC | Reduce -2.6% | 0.50% | −0.11 |
| JNJ Johnson & Johnson | Reduce -2.2% | 0.23% | −0.08 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.1% | 0.37% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -3.5% | 0.14% | −0.05 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.04 |
| TROW T Rowe Price Group Inc. | Reduce -2.3% | 0.22% | −0.04 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.03 |
| AXP American Express Co. | Reduce -8.7% | 0.05% | −0.01 |
| VRT Vertiv Holdings Co. Class A | Reduce -4.2% | 0.03% | −0.00 |
| OWL Blue Owl Capital Inc. | Reduce -0.3% | 4.52% | +0.07 |
| NFLX Netflix Inc. | Reduce -1.9% | 28.42% | +1.25 |
| SHOP Shopify Inc. Class A | Reduce -1.2% | 21.12% | +2.13 |
Portfolio Buys Q3 2024 → Q4 2024
| GLBE Global-E Online Ltd. | Add +0.2% | 5.80% | +0.99 |
| GTLB Gitlab Inc. Class A | Add +99.4% | 2.01% | +0.92 |
| CSCO Cisco Systems Inc. | New | 0.03% | +0.03 |
| AVGO Broadcom Inc. | New | 0.03% | +0.03 |
| NVDA Nvidia Corp. | Add +7.1% | 0.07% | +0.00 |
| PFE Pfizer Inc. | Add +0.2% | 0.03% | −0.01 |
| GFL GFL Environmental Inc.-Sub VT | Add +0.7% | 1.96% | −0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 60 | $738.2M | SHOP, NFLX, AMZN, GLBE, EQIX |
| Q1 2026 | 54 | $797.3M | NFLX, SHOP, AMZN, GLBE, EQIX |
| Q4 2025 | 52 | $928.1M | SHOP, NFLX, AMZN, GLBE, OWL |
| Q3 2025 | 51 | $981.9M | NFLX, SHOP, AMZN, GLBE, OWL |
| Q2 2025 | 48 | $965.1M | NFLX, SHOP, AMZN, OWL, GLBE |
| Q1 2025 | 46 | $814.1M | NFLX, SHOP, AMZN, OWL, GLBE |
| Q4 2024 | 48 | $942.8M | NFLX, SHOP, AMZN, GLBE, OWL |
| Q3 2024 | 49 | $799.7M | NFLX, SHOP, AMZN, GLBE, OWL |
| Q2 2024 | 43 | $751.7M | NFLX, SHOP, AMZN, GLBE, AL |
| Q1 2024 | 46 | $824.2M | NFLX, SHOP, AMZN, AL, BL |