Brasada Capital Management, LP

Name: BRASADA CAPITAL MANAGEMENT, LP 13F holdings, Q3 2024
Creator: BRASADA CAPITAL MANAGEMENT, LP
Published: 2024-11-14

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024

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
CHURCHILL DOWNS INC	0.14%	6,017	$814K	New
SCHD Schwab US DVD Equity ETF	0.14%	9,525	$805K	Reduce -3.3%
PYPL PayPal Holdings Inc.	0.14%	10,000	$780K	New
FNF Fidelity National Financial	0.14%	12,671	$774K	Reduce -9.1%
MCD McDonald's Corp.	0.13%	2,486	$755K	New
OKE Oneok Inc.	0.13%	7,694	$719K	Reduce -3.8%
FERG Ferguson Enterprises Inc.	0.12%	3,500	$695K	New
SYK Stryker Corp.	0.12%	1,899	$674K	Add +7.2%
PH Parker Hannifin Corp.	0.11%	1,000	$632K	Reduce -33.3%
DGRO iShares Core Dividend Growth	0.11%	10,040	$628K	Reduce -0.6%
SOLV Solventum Corp.	0.11%	9,000	$627K	New
TECB iShares US Tech Breakthrough	0.10%	11,825	$599K	Reduce -5.2%
GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED	0.10%	59,400	$592K	Add +33.8%
AGS Playags Inc.	0.10%	50,000	$572K	No change
QQQ Invesco QQQ Trust Series 1	0.10%	1,149	$554K	Reduce -0.9%
JPIB JPMorgan Intl BND ETF	0.09%	11,157	$541K	Reduce -12.4%
VUSB Vanguard Ultra Short Bond Et	0.09%	10,693	$532K	Reduce -12.1%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC	0.09%	12,000	$492K	New
AVB Avalonbay Communities Inc.	0.08%	2,140	$477K	Reduce -4.9%
ITRI Itron Inc.	0.08%	4,500	$475K	Add +50.0%
CPK Chesapeake Utilities Corp.	0.08%	3,800	$464K	No change
KMI Kinder Morgan Inc.	0.08%	20,000	$459K	Reduce -60.0%
KNTK Kinetik Holdings Inc.	0.08%	9,400	$439K	No change
GNRC Generac Holdings Inc.	0.07%	2,500	$397K	New
AROC Archrock Inc.	0.07%	18,000	$377K	New
WAB Wabtec Corp.	0.06%	2,000	$362K	No change
TOST Toast Inc. Class A	0.06%	13,000	$357K	Reduce -31.6%
MDU Mdu Resources Group Inc.	0.06%	12,000	$326K	No change
LPG Dorian LPG Ltd.	0.05%	8,000	$291K	No change
INDA iShares MSCI India ETF	0.05%	5,000	$290K	No change
HZO Marinemax Inc.	0.05%	8,000	$282K	New
AWK American Water Works Co. Inc.	0.05%	1,920	$281K	Reduce -50.8%
XSD SS SPDR S&P Semiconductor	0.05%	1,169	$274K	Reduce -15.5%
MUB iShares National Muni Bond E	0.05%	2,471	$268K	New
GEV GE Vernova Inc.	0.04%	1,000	$255K	New
XOM Exxon Mobil Corp.	0.04%	1,694	$206K	Reduce -5.6%
JBLU Jetblue Airways Corp.	0.02%	14,000	$92K	No change

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