Barton Investment Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 21, 2025), Barton Investment Management reported 48 stock positions worth $965.1 million. Its top holding was Netflix (NFLX) at 34.1% of the portfolio, followed by Shopify Class A (SHOP, 20.5%) and Amazon.com (AMZN, 11.7%). Compared with Q1 2025, it opened 2 new positions, added to 7 and reduced 15. The biggest buy was Gitlab Class A (GTLB, shares +28%) and the biggest sale Blue Owl Capital (OWL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- WEST CONSHOHOCKEN, PA
- CIK
- 0001387818
- Portfolio Value
- $965.1M (Q2 2025)
- SEC Filing
- 0001387818-25-000004 ↗ filed Jul 21, 2025
Holdings Value
Holdings 48 stocks · $965.1M
| NFLX Netflix Inc. | 34.08% | 245,588 | $328.9M | Reduce -1.6% |
| SHOP Shopify Inc. Class A | 20.54% | 1,718,366 | $198.2M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 11.74% | 516,445 | $113.3M | Reduce -0.7% |
| OWL Blue Owl Capital Inc. | 3.80% | 1,906,744 | $36.6M | Reduce 0.0% |
| GLBE Global-E Online Ltd. | 3.75% | 1,079,377 | $36.2M | Add +4.1% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 3.61% | 595,023 | $34.8M | Reduce -11.0% |
| EQIX Equinix Inc. | 3.10% | 37,662 | $30.0M | Add +0.1% |
| GTLB Gitlab Inc. Class A | 2.64% | 564,183 | $25.5M | Add +28.4% |
| OKTA Okta Inc. | 2.61% | 252,062 | $25.2M | Reduce -2.5% |
| GFL GFL Environmental Inc.-Sub VT | 2.19% | 419,678 | $21.2M | Add +0.4% |
| AMT American Tower Corp. | 1.89% | 82,633 | $18.3M | Reduce -3.3% |
| MSFT Microsoft Corp. | 1.33% | 25,775 | $12.8M | No change |
| BL Blackline Inc. | 1.02% | 174,012 | $9.9M | Reduce -22.0% |
| PYPL PayPal Holdings Inc. | 1.01% | 131,264 | $9.8M | Reduce -1.2% |
| EA Electronic Arts Inc. | 0.83% | 50,180 | $8.0M | Reduce -7.0% |
| QCOM Qualcomm Inc. | 0.78% | 47,389 | $7.5M | Reduce -2.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.76% | 10 | $7.3M | No change |
| AAPL Apple Inc. | 0.61% | 28,784 | $5.9M | Reduce -1.4% |
| BERKSHIRE HATHAWAY INC | 0.53% | 10,450 | $5.1M | No change |
| GOOGL Alphabet Inc. Class A | 0.35% | 19,320 | $3.4M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.35% | 11,052 | $3.4M | Reduce -5.7% |
| JNJ Johnson & Johnson | 0.24% | 14,943 | $2.3M | No change |
| GOOG Alphabet Inc. Class C | 0.20% | 10,635 | $1.9M | Reduce -1.8% |
| ABBV Abbvie Inc. | 0.18% | 9,614 | $1.8M | No change |
| VGSH Vanguard Short-Term Treasury | 0.17% | 27,389 | $1.6M | Add +9.9% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.16% | 16,440 | $1.6M | Reduce -4.3% |
| DASH DoorDash Inc. Class A | 0.15% | 6,000 | $1.5M | No change |
| ORCL Oracle Corp. | 0.15% | 6,585 | $1.4M | No change |
| XOM Exxon Mobil Corp. | 0.14% | 12,549 | $1.4M | No change |
| ABT Abbott Laboratories | 0.14% | 9,894 | $1.3M | No change |
| ADBE Adobe Inc. | 0.13% | 3,200 | $1.2M | No change |
| COST Costco Wholesale Corp. | 0.10% | 1,024 | $1.0M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.08% | 6,289 | $780K | No change |
| BILL Bill Holdings Inc. | 0.07% | 14,726 | $681K | Add +6.2% |
| MRK Merck & Co. Inc. | 0.07% | 8,158 | $646K | No change |
| NVDA Nvidia Corp. | 0.06% | 3,920 | $619K | No change |
| META Meta Platforms Inc. Class A | 0.06% | 765 | $565K | No change |
| AXP American Express Co. | 0.06% | 1,735 | $553K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.05% | 839 | $518K | No change |
| ADP Automatic Data Processing | 0.04% | 1,400 | $432K | No change |
| CI The Cigna Group | 0.04% | 1,080 | $357K | No change |
| CSCO Cisco Systems Inc. | 0.03% | 4,265 | $296K | No change |
| VRT Vertiv Holdings Co. Class A | 0.03% | 2,300 | $295K | New |
| AVGO Broadcom Inc. | 0.03% | 1,040 | $287K | New |
| NTRS Northern Trust Corp. | 0.03% | 2,250 | $285K | No change |
| WMT Walmart Inc. | 0.03% | 2,535 | $248K | No change |
| PFE Pfizer Inc. | 0.02% | 9,766 | $237K | Add +0.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.02% | 1,235 | $218K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| OWL Blue Owl Capital Inc. | Reduce 0.0% | 3.80% | −0.90 |
| OKTA Okta Inc. | Reduce -2.5% | 2.61% | −0.73 |
| AMZN Amazon.com Inc. | Reduce -0.7% | 11.74% | −0.41 |
| AMT American Tower Corp. | Reduce -3.3% | 1.89% | −0.39 |
| AL Sumisho Air Lease Corp. | Reduce -11.0% | 3.61% | −0.36 |
| BL Blackline Inc. | Reduce -22.0% | 1.02% | −0.31 |
| AAPL Apple Inc. | Reduce -1.4% | 0.61% | −0.18 |
| QCOM Qualcomm Inc. | Reduce -2.8% | 0.78% | −0.14 |
| EA Electronic Arts Inc. | Reduce -7.0% | 0.83% | −0.13 |
| PYPL PayPal Holdings Inc. | Reduce -1.2% | 1.01% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.7% | 0.35% | −0.05 |
| TROW T Rowe Price Group Inc. | Reduce -4.3% | 0.16% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -1.8% | 0.20% | −0.01 |
| SHOP Shopify Inc. Class A | Reduce -0.6% | 20.54% | +0.27 |
| NFLX Netflix Inc. | Reduce -1.6% | 34.08% | +5.49 |
Portfolio Buys Q1 2025 → Q2 2025
| GTLB Gitlab Inc. Class A | Add +28.4% | 2.64% | +0.10 |
| VRT Vertiv Holdings Co. Class A | New | 0.03% | +0.03 |
| AVGO Broadcom Inc. | New | 0.03% | +0.03 |
| PFE Pfizer Inc. | Add +0.2% | 0.02% | −0.01 |
| BILL Bill Holdings Inc. | Add +6.2% | 0.07% | −0.01 |
| VGSH Vanguard Short-Term Treasury | Add +9.9% | 0.17% | −0.01 |
| GFL GFL Environmental Inc.-Sub VT | Add +0.4% | 2.19% | −0.29 |
| EQIX Equinix Inc. | Add +0.1% | 3.10% | −0.66 |
| GLBE Global-E Online Ltd. | Add +4.1% | 3.75% | −0.79 |
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 |