Barton Investment Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 11, 2025), Barton Investment Management reported 46 stock positions worth $814.1 million. Its top holding was Netflix (NFLX) at 28.6% of the portfolio, followed by Shopify Class A (SHOP, 20.3%) and Amazon.com (AMZN, 12.2%). Compared with Q4 2024, it opened 1 new position, sold out of 3, added to 5 and reduced 19. The biggest buy was Gitlab Class A (GTLB, shares +31%) and the biggest sale Amazon.com (AMZN, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- WEST CONSHOHOCKEN, PA
- CIK
- 0001387818
- Portfolio Value
- $814.1M (Q1 2025)
- SEC Filing
- 0001387818-25-000002 ↗ filed Apr 11, 2025
Holdings Value
Holdings 46 stocks · $814.1M
| NFLX Netflix Inc. | 28.58% | 249,532 | $232.7M | Reduce -17.0% |
| SHOP Shopify Inc. Class A | 20.27% | 1,728,376 | $165.0M | Reduce -7.7% |
| AMZN Amazon.com Inc. | 12.15% | 519,897 | $98.9M | Reduce -13.2% |
| OWL Blue Owl Capital Inc. | 4.69% | 1,906,794 | $38.2M | Add +4.2% |
| GLBE Global-E Online Ltd. | 4.54% | 1,036,767 | $37.0M | Add +3.4% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 3.97% | 668,418 | $32.3M | Reduce -1.3% |
| EQIX Equinix Inc. | 3.77% | 37,628 | $30.7M | Reduce -1.5% |
| OKTA Okta Inc. | 3.34% | 258,648 | $27.2M | Reduce -0.8% |
| GTLB Gitlab Inc. Class A | 2.54% | 439,253 | $20.6M | Add +30.9% |
| GFL GFL Environmental Inc.-Sub VT | 2.48% | 417,878 | $20.2M | Add +0.8% |
| AMT American Tower Corp. | 2.28% | 85,463 | $18.6M | Reduce -1.8% |
| BL Blackline Inc. | 1.33% | 222,989 | $10.8M | Reduce -18.3% |
| MSFT Microsoft Corp. | 1.19% | 25,775 | $9.7M | Reduce -1.6% |
| PYPL PayPal Holdings Inc. | 1.06% | 132,814 | $8.7M | Reduce -6.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.98% | 10 | $8.0M | No change |
| EA Electronic Arts Inc. | 0.96% | 53,965 | $7.8M | Reduce -7.4% |
| QCOM Qualcomm Inc. | 0.92% | 48,727 | $7.5M | Reduce -1.3% |
| AAPL Apple Inc. | 0.80% | 29,194 | $6.5M | No change |
| BERKSHIRE HATHAWAY INC | 0.68% | 10,450 | $5.6M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.40% | 11,717 | $3.2M | Reduce -2.5% |
| GOOGL Alphabet Inc. Class A | 0.37% | 19,320 | $3.0M | Reduce -0.1% |
| JNJ Johnson & Johnson | 0.30% | 14,943 | $2.5M | No change |
| ABBV Abbvie Inc. | 0.25% | 9,614 | $2.0M | No change |
| GOOG Alphabet Inc. Class C | 0.21% | 10,825 | $1.7M | Reduce -7.5% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.19% | 17,170 | $1.6M | Reduce -6.0% |
| XOM Exxon Mobil Corp. | 0.18% | 12,549 | $1.5M | No change |
| VGSH Vanguard Short-Term Treasury | 0.18% | 24,919 | $1.5M | New |
| ABT Abbott Laboratories | 0.16% | 9,894 | $1.3M | No change |
| ADBE Adobe Inc. | 0.15% | 3,200 | $1.2M | No change |
| DASH DoorDash Inc. Class A | 0.13% | 6,000 | $1.1M | No change |
| COST Costco Wholesale Corp. | 0.12% | 1,024 | $968K | No change |
| ORCL Oracle Corp. | 0.11% | 6,585 | $921K | Reduce -9.5% |
| MRK Merck & Co. Inc. | 0.09% | 8,158 | $732K | No change |
| BILL Bill Holdings Inc. | 0.08% | 13,870 | $636K | Reduce -2.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.08% | 6,289 | $621K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.06% | 839 | $469K | No change |
| AXP American Express Co. | 0.06% | 1,735 | $467K | No change |
| META Meta Platforms Inc. Class A | 0.05% | 765 | $441K | No change |
| ADP Automatic Data Processing | 0.05% | 1,400 | $428K | No change |
| NVDA Nvidia Corp. | 0.05% | 3,920 | $425K | Reduce -18.7% |
| CI The Cigna Group | 0.04% | 1,080 | $355K | No change |
| CSCO Cisco Systems Inc. | 0.03% | 4,265 | $263K | No change |
| PFE Pfizer Inc. | 0.03% | 9,748 | $247K | Add +0.2% |
| WMT Walmart Inc. | 0.03% | 2,535 | $223K | No change |
| NTRS Northern Trust Corp. | 0.03% | 2,250 | $222K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.03% | 1,235 | $213K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| AMZN Amazon.com Inc. | Reduce -13.2% | 12.15% | −1.78 |
| SHOP Shopify Inc. Class A | Reduce -7.7% | 20.27% | −0.85 |
| BL Blackline Inc. | Reduce -18.3% | 1.33% | −0.43 |
| PYPL PayPal Holdings Inc. | Reduce -6.9% | 1.06% | −0.23 |
| EQIX Equinix Inc. | Reduce -1.5% | 3.77% | −0.05 |
| BILL Bill Holdings Inc. | Reduce -2.3% | 0.08% | −0.05 |
| GOOG Alphabet Inc. Class C | Reduce -7.5% | 0.21% | −0.03 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.03 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.03 |
| TROW T Rowe Price Group Inc. | Reduce -6.0% | 0.19% | −0.03 |
| TFX Teleflex Inc. | Sold out | 0.00% | −0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 0.37% | −0.02 |
| NVDA Nvidia Corp. | Reduce -18.7% | 0.05% | −0.02 |
| ORCL Oracle Corp. | Reduce -9.5% | 0.11% | −0.02 |
| MSFT Microsoft Corp. | Reduce -1.6% | 1.19% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.5% | 0.40% | +0.03 |
| EA Electronic Arts Inc. | Reduce -7.4% | 0.96% | +0.05 |
| QCOM Qualcomm Inc. | Reduce -1.3% | 0.92% | +0.12 |
| NFLX Netflix Inc. | Reduce -17.0% | 28.58% | +0.17 |
| AL Sumisho Air Lease Corp. | Reduce -1.3% | 3.97% | +0.50 |
| AMT American Tower Corp. | Reduce -1.8% | 2.28% | +0.59 |
| OKTA Okta Inc. | Reduce -0.8% | 3.34% | +1.16 |
Portfolio Buys Q4 2024 → Q1 2025
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 |