Brasada Capital Management, LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Brasada Capital Management, LP reported 137 stock positions worth $572.7 million. Its top holding was Microsoft (MSFT) at 5.3% of the portfolio, followed by Waste Connections (WCN, 3.7%) and Danaher (DHR, 3.2%). Compared with Q2 2024, it opened 20 new positions, sold out of 16, added to 34 and reduced 71. The biggest buy was a new position in Domino's Pizza (DPZ) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001643833
- Portfolio Value
- $572.7M (Q3 2024)
- SEC Filing
- 0001420506-24-002449 ↗ filed Nov 14, 2024
Holdings Value
Holdings 137 stocks · $572.7M
| MSFT Microsoft Corp. | 5.32% | 73,022 | $30.5M | Reduce -1.4% |
| WCN Waste Connections Inc. | 3.68% | 118,587 | $21.1M | Reduce -1.4% |
| DHR Danaher Corp. | 3.21% | 67,017 | $18.4M | Reduce -7.2% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 3.01% | 188,156 | $17.2M | Reduce -25.8% |
| COST Costco Wholesale Corp. | 2.98% | 19,410 | $17.1M | Reduce -4.2% |
| CP Canadian Pacific Kansas City | 2.75% | 189,044 | $15.8M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 2.74% | 94,643 | $15.7M | Reduce -1.2% |
| CPRT Copart Inc. | 2.66% | 288,947 | $15.2M | Reduce -7.5% |
| AMZN Amazon.com Inc. | 2.58% | 79,931 | $14.8M | Add +0.5% |
| CRH CRH PLC | 2.45% | 156,696 | $14.0M | Reduce -0.1% |
| UNP Union Pacific Corp. | 2.28% | 53,563 | $13.0M | Reduce -4.8% |
| MCO Moody's Corp. | 2.21% | 26,965 | $12.7M | Reduce -0.8% |
| ANSS Ansys Inc. | 2.19% | 39,548 | $12.6M | Reduce -0.6% |
| HEI.A Heico Corp. Class A | 2.04% | 56,716 | $11.7M | Reduce -0.6% |
| IDXX Idexx Laboratories Inc. | 2.03% | 23,887 | $11.6M | Add +15.9% |
| MA Mastercard Inc. Class A | 1.96% | 22,654 | $11.2M | Reduce -2.4% |
| WMB Williams Cos Inc. | 1.74% | 210,331 | $10.0M | Add +15.2% |
| CMS CMS Energy Corp. | 1.68% | 135,085 | $9.6M | Add +2.9% |
| AMT American Tower Corp. | 1.66% | 40,915 | $9.5M | Reduce -5.1% |
| TDG Transdigm Group Inc. | 1.56% | 6,212 | $9.0M | Reduce -0.3% |
| EFX Equifax Inc. | 1.48% | 28,893 | $8.5M | Reduce -2.9% |
| PSA Public Storage | 1.45% | 23,444 | $8.3M | Reduce -2.1% |
| BSX Boston Scientific Corp. | 1.42% | 96,063 | $8.1M | Reduce -4.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.39% | 17,390 | $7.9M | Reduce -1.4% |
| CPT Camden Property Trust | 1.32% | 61,719 | $7.5M | Reduce -1.4% |
| ZTS Zoetis Inc. | 1.26% | 37,404 | $7.2M | Add +5.0% |
| NVDA Nvidia Corp. | 1.16% | 55,700 | $6.6M | Add +0.8% |
| CCC CCC Intelligent Solutions Ho | 1.14% | 610,007 | $6.6M | Add +9.5% |
| SGOV iShares 0-3 Month Treasury B | 1.13% | 64,492 | $6.5M | Reduce -25.0% |
| AMAT Applied Materials Inc. | 1.06% | 30,284 | $6.1M | Reduce -4.9% |
| ICLR Icon PLC | 0.99% | 19,327 | $5.7M | Add +0.0% |
| DPZ Domino's Pizza Inc. | 0.94% | 12,776 | $5.4M | New |
| ETN Eaton Corp. PLC | 0.93% | 16,134 | $5.3M | Add +0.0% |
| TYL Tyler Technologies Inc. | 0.90% | 8,820 | $5.2M | Reduce -4.5% |
| ATR Aptargroup Inc. | 0.88% | 31,876 | $5.1M | Add +54.4% |
| BR Broadridge Financial Solutio | 0.87% | 23,282 | $5.0M | Reduce -0.6% |
| VMC Vulcan Materials Co. | 0.85% | 20,335 | $4.9M | Add +1.8% |
| CARR Carrier Global Corp. | 0.85% | 60,291 | $4.9M | Add +32.9% |
| WSC Willscot Holdings Corp. | 0.84% | 128,812 | $4.8M | Reduce -18.5% |
| PAR Par Technology Corp. | 0.82% | 95,009 | $4.7M | Reduce -0.7% |
| TTEK Tetra Tech Inc. | 0.81% | 99,374 | $4.7M | Reduce -0.4% |
| STE Steris PLC | 0.81% | 19,686 | $4.6M | Add +1.9% |
| NEE Nextera Energy Inc. | 0.79% | 53,004 | $4.5M | Reduce -62.1% |
| ENTG Entegris Inc. | 0.78% | 39,429 | $4.5M | Reduce -1.0% |
| SPGI S&P Global Inc. | 0.77% | 8,603 | $4.4M | Reduce -8.1% |
| GFL GFL Environmental Inc.-Sub VT | 0.76% | 109,749 | $4.3M | Reduce -7.3% |
| BLDR Builders Firstsource Inc. | 0.75% | 22,046 | $4.3M | Add +4.3% |
| MSA Msa Safety Inc. | 0.72% | 23,869 | $4.1M | New |
| MCHP Microchip Technology Inc. | 0.69% | 50,089 | $4.0M | Add +9.4% |
| RTX RTX Corp. | 0.66% | 30,430 | $3.8M | Add +4.1% |
| HLT Hilton Worldwide Holdings Inc. | 0.64% | 15,844 | $3.7M | Add +4.5% |
| AAPL Apple Inc. | 0.64% | 16,138 | $3.7M | Reduce -15.1% |
| BKNG Booking Holdings Inc. | 0.63% | 874 | $3.6M | Reduce -5.9% |
| UNH Unitedhealth Group Inc. | 0.62% | 5,970 | $3.5M | Add +5.1% |
| NOW ServiceNow Inc. | 0.62% | 4,004 | $3.5M | Add +4.3% |
| LYV Live Nation Entertainment Inc. | 0.61% | 31,270 | $3.5M | Add +6.8% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.59% | 11,869 | $3.4M | Add +5.3% |
| COP Conocophillips | 0.58% | 29,917 | $3.3M | Add +11.6% |
| MS Morgan Stanley | 0.56% | 30,808 | $3.2M | Reduce -21.2% |
| INTU Intuit Inc. | 0.56% | 5,250 | $3.2M | Add +5.0% |
| V Visa Inc. Class A | 0.56% | 11,479 | $3.2M | Add +5.8% |
| FTAI Ftai Aviation Ltd. | 0.52% | 21,950 | $3.0M | Reduce -0.2% |
| TXN Texas Instruments Inc. | 0.49% | 13,843 | $2.8M | Reduce -6.3% |
| KMX Carmax Inc. | 0.49% | 37,062 | $2.8M | Reduce -7.1% |
| MRK Merck & Co. Inc. | 0.49% | 24,853 | $2.8M | Add +8.6% |
| OXY Occidental Petroleum Corp. | 0.47% | 50,357 | $2.7M | Add +14.2% |
| JPM JPMorgan Chase & Co. | 0.42% | 11,726 | $2.4M | New |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.42% | 33,971 | $2.4M | Reduce -7.1% |
| REXR Rexford Industrial Realty Inc. | 0.42% | 48,823 | $2.4M | Reduce -12.5% |
| LAMR Lamar Advertising Co. Class A | 0.33% | 14,318 | $1.9M | Reduce -10.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.32% | 16,263 | $1.8M | Add +21.3% |
| APD Air Products & Chemicals Inc. | 0.32% | 6,254 | $1.8M | Reduce -51.5% |
| MGRC McGrath Rentcorp | 0.29% | 15,818 | $1.7M | New |
| DTM DT Midstream Inc. | 0.28% | 19,712 | $1.6M | Reduce -10.7% |
| PPL PPL Corp. | 0.27% | 47,461 | $1.6M | Reduce -1.1% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 0.25% | 10,860 | $1.4M | Reduce -13.1% |
| GOOG Alphabet Inc. Class C | 0.25% | 8,631 | $1.4M | No change |
| GTLS Chart Industries Inc. | 0.25% | 12,000 | $1.4M | Add +20.0% |
| ADP Automatic Data Processing | 0.25% | 5,040 | $1.4M | Reduce -6.3% |
| BOND PIMCO Active Bond Exchange-T | 0.23% | 14,034 | $1.3M | Reduce -12.4% |
| EPAM Epam Systems Inc. | 0.22% | 6,483 | $1.3M | Add +0.8% |
| AGG iShares Core U.S. Aggregate | 0.21% | 12,164 | $1.2M | Reduce -13.4% |
| GOVT iShares US Treasury Bond ETF | 0.21% | 52,180 | $1.2M | Reduce -12.8% |
| MCRI Monarch Casino & Resort Inc. | 0.20% | 14,610 | $1.1M | Reduce -0.6% |
| TRGP Targa Resources Corp. | 0.19% | 7,140 | $1.1M | No change |
| IVW iShares S&P 500 Growth ETF | 0.19% | 11,268 | $1.1M | No change |
| BLK BlackRock Finance Inc. | 0.19% | 1,109 | $1.1M | Reduce -7.6% |
| JEPI JPMorgan Equity Premium Inco | 0.18% | 17,421 | $1.0M | New |
| MAIN Main Street Capital Corp. | 0.18% | 20,500 | $1.0M | Reduce -22.0% |
| EXR Extra Space Storage Inc. | 0.18% | 5,777 | $1.0M | Reduce -7.5% |
| JCI Johnson Controls Internation | 0.17% | 12,500 | $970K | New |
| TMO Thermo Fisher Scientific Inc. | 0.16% | 1,500 | $928K | New |
| FIS Fidelity National Info Serv | 0.16% | 11,000 | $921K | Reduce -8.3% |
| VTR Ventas Inc. | 0.16% | 14,495 | $917K | New |
| USB US Bancorp | 0.16% | 20,000 | $915K | Reduce -11.1% |
| CNI Canadian Natl Railway Co. | 0.16% | 7,759 | $900K | Reduce -13.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.16% | 22,500 | $893K | Add +50.0% |
| PWR Quanta Services Inc. | 0.15% | 2,870 | $858K | No change |
| IWR iShares Russell Mid-Cap ETF | 0.15% | 9,662 | $846K | Reduce -5.2% |
| MKTX Marketaxess Holdings Inc. | 0.15% | 3,250 | $833K | New |
Options reported separately and not counted above: PAYPAL HLDGS INC calls ($390K).
Portfolio Sells Q2 2024 → Q3 2024
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -25.8% | 3.01% | −1.10 |
| NEE Nextera Energy Inc. | Reduce -62.1% | 0.79% | −1.06 |
| MSFT Microsoft Corp. | Reduce -1.4% | 5.32% | −0.64 |
| GOOGL Alphabet Inc. Class A | Reduce -1.2% | 2.74% | −0.40 |
| SGOV iShares 0-3 Month Treasury B | Reduce -25.0% | 1.13% | −0.40 |
| CPRT Copart Inc. | Reduce -7.5% | 2.66% | −0.38 |
| PCOR Procore Technologies Inc. | Sold out | 0.00% | −0.36 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.34 |
| AMAT Applied Materials Inc. | Reduce -4.9% | 1.06% | −0.29 |
| APD Air Products & Chemicals Inc. | Reduce -51.5% | 0.32% | −0.27 |
| WSC Willscot Holdings Corp. | Reduce -18.5% | 0.84% | −0.22 |
| ENTG Entegris Inc. | Reduce -1.0% | 0.78% | −0.21 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.17 |
| TER Teradyne Inc. | Sold out | 0.00% | −0.16 |
| CNP Centerpoint Energy Inc. | Sold out | 0.00% | −0.15 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.15 |
| NVT Nvent Electric PLC | Sold out | 0.00% | −0.15 |
| MS Morgan Stanley | Reduce -21.2% | 0.56% | −0.15 |
| AME Ametek Inc. | Sold out | 0.00% | −0.15 |
| SAIA Saia Inc. | Sold out | 0.00% | −0.15 |
| WCN Waste Connections Inc. | Reduce -1.4% | 3.68% | −0.13 |
| AAPL Apple Inc. | Reduce -15.1% | 0.64% | −0.13 |
| RRC Range Resources Corp. | Sold out | 0.00% | −0.12 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.12 |
| ANSS Ansys Inc. | Reduce -0.6% | 2.19% | −0.11 |
| KMI Kinder Morgan Inc. | Reduce -60.0% | 0.08% | −0.10 |
| ONT Onterris Inc. | Sold out | 0.00% | −0.09 |
| ARE Alexandria Real Estate Equit | Sold out | 0.00% | −0.09 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.08 |
| KMX Carmax Inc. | Reduce -7.1% | 0.49% | −0.07 |
| REXR Rexford Industrial Realty Inc. | Reduce -12.5% | 0.42% | −0.07 |
| MAIN Main Street Capital Corp. | Reduce -22.0% | 0.18% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -4.2% | 2.98% | −0.06 |
| CEG Constellation Energy | Sold out | 0.00% | −0.06 |
| AWK American Water Works Co. Inc. | Reduce -50.8% | 0.05% | −0.05 |
| GFL GFL Environmental Inc.-Sub VT | Reduce -7.3% | 0.76% | −0.04 |
| CNI Canadian Natl Railway Co. | Reduce -13.1% | 0.16% | −0.03 |
| TXN Texas Instruments Inc. | Reduce -6.3% | 0.49% | −0.03 |
| BOND PIMCO Active Bond Exchange-T | Reduce -12.4% | 0.23% | −0.03 |
| AGG iShares Core U.S. Aggregate | Reduce -13.4% | 0.21% | −0.03 |
| GOVT iShares US Treasury Bond ETF | Reduce -12.8% | 0.21% | −0.03 |
| PH Parker Hannifin Corp. | Reduce -33.3% | 0.11% | −0.02 |
| TOST Toast Inc. Class A | Reduce -31.6% | 0.06% | −0.02 |
| SUI Sun Communities Inc. | Reduce -13.1% | 0.25% | −0.02 |
| BKNG Booking Holdings Inc. | Reduce -5.9% | 0.63% | −0.02 |
| XSD SS SPDR S&P Semiconductor | Reduce -15.5% | 0.05% | −0.02 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -12.1% | 0.09% | −0.01 |
| JPIB JPMorgan Intl BND ETF | Reduce -12.4% | 0.09% | −0.01 |
| GGT Gabelli Multimedia Trust Inc. | Sold out | 0.00% | −0.01 |
| TECB iShares US Tech Breakthrough | Reduce -5.2% | 0.10% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| DPZ Domino's Pizza Inc. | New | 0.94% | +0.94 |
| MSA Msa Safety Inc. | New | 0.72% | +0.72 |
| JPM JPMorgan Chase & Co. | New | 0.42% | +0.42 |
| ATR Aptargroup Inc. | Add +54.4% | 0.88% | +0.36 |
| WMB Williams Cos Inc. | Add +15.2% | 1.74% | +0.36 |
| CARR Carrier Global Corp. | Add +32.9% | 0.85% | +0.31 |
| MGRC McGrath Rentcorp | New | 0.29% | +0.29 |
| CMS CMS Energy Corp. | Add +2.9% | 1.68% | +0.27 |
| IDXX Idexx Laboratories Inc. | Add +15.9% | 2.03% | +0.25 |
| BLDR Builders Firstsource Inc. | Add +4.3% | 0.75% | +0.20 |
| JEPI JPMorgan Equity Premium Inco | New | 0.18% | +0.18 |
| JCI Johnson Controls Internation | New | 0.17% | +0.17 |
| TMO Thermo Fisher Scientific Inc. | New | 0.16% | +0.16 |
| VTR Ventas Inc. | New | 0.16% | +0.16 |
| MKTX Marketaxess Holdings Inc. | New | 0.15% | +0.15 |
| CHURCHILL DOWNS INC | New | 0.14% | +0.14 |
| ZTS Zoetis Inc. | Add +5.0% | 1.26% | +0.14 |
| PYPL PayPal Holdings Inc. | New | 0.14% | +0.14 |
| RTX RTX Corp. | Add +4.1% | 0.66% | +0.13 |
| MCD McDonald's Corp. | New | 0.13% | +0.13 |
| FERG Ferguson Enterprises Inc. | New | 0.12% | +0.12 |
| LYV Live Nation Entertainment Inc. | Add +6.8% | 0.61% | +0.11 |
| UNH Unitedhealth Group Inc. | Add +5.1% | 0.62% | +0.11 |
| SOLV Solventum Corp. | New | 0.11% | +0.11 |
| NOW ServiceNow Inc. | Add +4.3% | 0.62% | +0.11 |
| YETI Yeti Holdings Inc. | New | 0.09% | +0.09 |
| GNRC Generac Holdings Inc. | New | 0.07% | +0.07 |
| AROC Archrock Inc. | New | 0.07% | +0.07 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +21.3% | 0.32% | +0.06 |
| STE Steris PLC | Add +1.9% | 0.81% | +0.06 |
| HLT Hilton Worldwide Holdings Inc. | Add +4.5% | 0.64% | +0.06 |
| AJG Arthur J Gallagher & Co. | Add +5.3% | 0.59% | +0.05 |
| V Visa Inc. Class A | Add +5.8% | 0.56% | +0.05 |
| BAC Bank of America Corp. | Add +50.0% | 0.16% | +0.05 |
| HZO Marinemax Inc. | New | 0.05% | +0.05 |
| MUB iShares National Muni Bond E | New | 0.05% | +0.05 |
| GEV GE Vernova Inc. | New | 0.04% | +0.04 |
| CCC CCC Intelligent Solutions Ho | Add +9.5% | 1.14% | +0.04 |
| GRSD Grandstand Ltd. | Add +33.8% | 0.10% | +0.04 |
| COP Conocophillips | Add +11.6% | 0.58% | +0.04 |
| ITRI Itron Inc. | Add +50.0% | 0.08% | +0.03 |
| SYK Stryker Corp. | Add +7.2% | 0.12% | +0.01 |
| EPAM Epam Systems Inc. | Add +0.8% | 0.22% | +0.01 |
| INTU Intuit Inc. | Add +5.0% | 0.56% | −0.00 |
| ETN Eaton Corp. PLC | Add +0.0% | 0.93% | −0.00 |
| OXY Occidental Petroleum Corp. | Add +14.2% | 0.47% | −0.01 |
| GTLS Chart Industries Inc. | Add +20.0% | 0.25% | −0.02 |
| CP Canadian Pacific Kansas City | Add +0.3% | 2.75% | −0.03 |
| MRK Merck & Co. Inc. | Add +8.6% | 0.49% | −0.04 |
| VMC Vulcan Materials Co. | Add +1.8% | 0.85% | −0.05 |
Options Activity Q2 2024 → Q3 2024
| STATE STR SPDR S&P 500 ETF T | put | Sold out | 16,000 | $8.7Mbefore exit |
| PAYPAL HLDGS INC | call | New | 5,000 | $390K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 150 | $553.2M | BIL, GOOGL, CRH, AMZN, WCN |
| Q1 2026 | 141 | $543.3M | BIL, GOOGL, CRH, WCN, IDXX |
| Q4 2025 | 137 | $581.4M | GOOGL, MSFT, BIL, CRH, IDXX |
| Q3 2025 | 141 | $588.1M | MSFT, BIL, GOOGL, WCN, IDXX |
| Q2 2025 | 134 | $582.9M | BIL, MSFT, WCN, COST, IDXX |
| Q1 2025 | 125 | $500.5M | BIL, MSFT, WCN, COST, CPRT |
| Q4 2024 | 129 | $563.1M | BIL, MSFT, WCN, COST, GOOGL |
| Q3 2024 | 137 | $572.7M | MSFT, WCN, DHR, BIL, COST |
| Q2 2024 | 133 | $564.8M | MSFT, BIL, WCN, DHR, GOOGL |
| Q1 2024 | 143 | $556.1M | MSFT, BIL, WCN, CPRT, DHR |