Brasada Capital Management, LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Brasada Capital Management, LP reported 137 stock positions worth $581.4 million. Its top holding was Alphabet Class A (GOOGL) at 5.3% of the portfolio, followed by Microsoft (MSFT, 5.1%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 5.0%). Compared with Q3 2025, it opened 14 new positions, sold out of 18, added to 31 and reduced 69. The biggest buy was a new position in CBRE Class A (CBRE) and the biggest sale Oracle (ORCL, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001643833
- Portfolio Value
- $581.4M (Q4 2025)
- SEC Filing
- 0001420506-26-000395 ↗ filed Feb 13, 2026
Holdings Value
Holdings 137 stocks · $581.4M
| GOOGL Alphabet Inc. Class A | 5.30% | 97,827 | $30.8M | Reduce -4.7% |
| MSFT Microsoft Corp. | 5.05% | 62,113 | $29.4M | Reduce -1.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 4.98% | 316,769 | $29.0M | Reduce -6.8% |
| CRH CRH PLC | 3.57% | 164,148 | $20.8M | Add +7.1% |
| IDXX Idexx Laboratories Inc. | 3.33% | 28,859 | $19.3M | Reduce -4.7% |
| WCN Waste Connections Inc. | 3.30% | 110,356 | $19.2M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 3.11% | 79,614 | $18.1M | Reduce -0.9% |
| COST Costco Wholesale Corp. | 2.68% | 18,232 | $15.6M | Add +0.7% |
| HEI.A Heico Corp. Class A | 2.32% | 52,383 | $13.5M | Reduce -2.5% |
| WMB Williams Cos Inc. | 2.04% | 195,178 | $11.9M | Reduce -6.4% |
| MA Mastercard Inc. Class A | 1.94% | 20,049 | $11.3M | Reduce -4.3% |
| MCO Moody's Corp. | 1.94% | 22,544 | $11.3M | Reduce -6.9% |
| V Visa Inc. Class A | 1.55% | 26,058 | $9.0M | Add +7.5% |
| DHR Danaher Corp. | 1.43% | 36,049 | $8.3M | Reduce -5.5% |
| CMS CMS Energy Corp. | 1.40% | 115,880 | $8.2M | Reduce -10.7% |
| ECL Ecolab Inc. | 1.38% | 30,617 | $8.0M | Reduce -0.1% |
| BSX Boston Scientific Corp. | 1.37% | 84,261 | $8.0M | Reduce -3.7% |
| TDG Transdigm Group Inc. | 1.35% | 5,776 | $7.8M | Reduce -23.4% |
| HWM Howmet Aerospace Inc. | 1.30% | 35,786 | $7.6M | Reduce -3.9% |
| WST West Pharmaceutical Services | 1.28% | 26,997 | $7.5M | Reduce -4.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.27% | 14,873 | $7.4M | Reduce -2.4% |
| NVDA Nvidia Corp. | 1.26% | 38,702 | $7.3M | Add +3.4% |
| SPGI S&P Global Inc. | 1.25% | 14,225 | $7.3M | Reduce -17.2% |
| WELL Welltower Inc. | 1.21% | 37,554 | $7.0M | Reduce -5.0% |
| CP Canadian Pacific Kansas City | 1.19% | 92,886 | $6.9M | Reduce -17.0% |
| CPRT Copart Inc. | 1.14% | 175,828 | $6.6M | Reduce -13.7% |
| UBER Uber Technologies Inc. | 1.13% | 79,057 | $6.6M | Reduce -1.9% |
| SOLV Solventum Corp. | 1.12% | 82,383 | $6.5M | Add +32.4% |
| RTX RTX Corp. | 1.11% | 34,366 | $6.4M | Add +3.5% |
| MS Morgan Stanley | 1.10% | 35,039 | $6.4M | Add +3.1% |
| CET Central Securities Corp. | 1.07% | 122,996 | $6.2M | Add +11.5% |
| CBRE CBRE Group Inc. Class A | 1.03% | 37,217 | $6.0M | New |
| VMC Vulcan Materials Co. | 0.99% | 19,730 | $5.8M | Reduce -3.2% |
| ETN Eaton Corp. PLC | 0.97% | 17,248 | $5.6M | Add +5.8% |
| TMO Thermo Fisher Scientific Inc. | 0.96% | 9,453 | $5.6M | Add +20.8% |
| TBLL Invesco Short Term Treasury | 0.91% | 50,125 | $5.3M | Add +260.4% |
| SSD Simpson Manufacturing Co. Inc. | 0.90% | 31,797 | $5.2M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 0.90% | 15,988 | $5.2M | Add +5.5% |
| LNT Alliant Energy Corp. | 0.89% | 79,208 | $5.2M | New |
| HLT Hilton Worldwide Holdings Inc. | 0.89% | 17,667 | $5.2M | Add +4.7% |
| MCHP Microchip Technology Inc. | 0.85% | 76,451 | $5.0M | Add +5.2% |
| LYV Live Nation Entertainment Inc. | 0.85% | 34,018 | $4.9M | Add +5.8% |
| CLBT Cellebrite Di Ltd. | 0.84% | 275,315 | $4.9M | Reduce -0.8% |
| MDT Medtronic PLC | 0.83% | 50,525 | $4.9M | Add +742.1% |
| FTAI Ftai Aviation Ltd. | 0.79% | 21,950 | $4.6M | No change |
| FAST Fastenal Co. | 0.79% | 114,053 | $4.6M | New |
| AVGO Broadcom Inc. | 0.79% | 13,132 | $4.6M | Add +267.6% |
| TWFG TWFG Inc. | 0.77% | 160,787 | $4.5M | Reduce -5.1% |
| META Meta Platforms Inc. Class A | 0.76% | 6,772 | $4.4M | Reduce -1.5% |
| RMD Resmed Inc. | 0.74% | 17,503 | $4.3M | Add +6.2% |
| RKT Rocket Cos Inc. Class A | 0.72% | 212,302 | $4.2M | New |
| UNH Unitedhealth Group Inc. | 0.72% | 12,462 | $4.2M | Reduce -18.7% |
| EXR Extra Space Storage Inc. | 0.70% | 30,991 | $4.1M | Reduce -13.7% |
| INTU Intuit Inc. | 0.68% | 6,306 | $4.0M | Add +6.4% |
| LNG Cheniere Energy Inc. | 0.68% | 20,015 | $4.0M | Add +4.2% |
| CCJ Cameco Corp. | 0.66% | 39,240 | $3.8M | Add +1.6% |
| ENFR Alerian Energy Infrastructur | 0.65% | 118,459 | $3.8M | Reduce -13.1% |
| MPWR Monolithic Power Systems Inc. | 0.63% | 3,939 | $3.7M | New |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.62% | 14,020 | $3.6M | Add +5.4% |
| NOW ServiceNow Inc. | 0.61% | 24,091 | $3.6M | Reduce -39.8% |
| MSI Motorola Solutions Inc. | 0.60% | 9,072 | $3.5M | Reduce -29.3% |
| TYL Tyler Technologies Inc. | 0.50% | 6,731 | $2.9M | Reduce -12.6% |
| GFL GFL Environmental Inc.-Sub VT | 0.49% | 66,749 | $2.9M | Reduce -14.9% |
| AMT American Tower Corp. | 0.47% | 15,504 | $2.7M | Reduce -0.3% |
| EZU iShares MSCI Eurozone ETF | 0.46% | 41,200 | $2.7M | No change |
| GOOG Alphabet Inc. Class C | 0.40% | 7,326 | $2.3M | Reduce -1.0% |
| AAPL Apple Inc. | 0.38% | 8,166 | $2.2M | No change |
| SYK Stryker Corp. | 0.38% | 6,264 | $2.2M | Reduce -58.8% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.33% | 17,476 | $1.9M | Reduce -4.6% |
| PPL PPL Corp. | 0.32% | 53,425 | $1.9M | Reduce -10.2% |
| SH Proshares Short S&P500 | 0.31% | 50,743 | $1.8M | Reduce -25.8% |
| FERG Ferguson Enterprises Inc. | 0.29% | 7,507 | $1.7M | Add +3.7% |
| GTLS Chart Industries Inc. | 0.28% | 8,000 | $1.6M | Reduce -20.0% |
| BKNG Booking Holdings Inc. | 0.28% | 302 | $1.6M | Reduce -14.9% |
| MUB iShares National Muni Bond E | 0.27% | 14,495 | $1.6M | Reduce -7.2% |
| ICE Intercontinental Exchange Inc. | 0.26% | 9,229 | $1.5M | New |
| FEUZ First Trust Eurozone Alphade | 0.25% | 23,600 | $1.5M | No change |
| VTR Ventas Inc. | 0.23% | 17,016 | $1.3M | Reduce -0.3% |
| DTM DT Midstream Inc. | 0.21% | 10,293 | $1.2M | Add +1.4% |
| IVW iShares S&P 500 Growth ETF | 0.21% | 9,979 | $1.2M | No change |
| BLK BlackRock Inc. | 0.21% | 1,134 | $1.2M | Add +1.9% |
| TRGP Targa Resources Corp. | 0.20% | 6,300 | $1.2M | No change |
| GS Goldman Sachs Group Inc. | 0.20% | 1,300 | $1.1M | No change |
| PWR Quanta Services Inc. | 0.19% | 2,550 | $1.1M | Reduce -0.8% |
| PH Parker Hannifin Corp. | 0.19% | 1,250 | $1.1M | No change |
| KMI Kinder Morgan Inc. | 0.18% | 39,000 | $1.1M | Add +2.6% |
| MAIN Main Street Capital Corp. | 0.18% | 17,000 | $1.0M | No change |
| REXR Rexford Industrial Realty Inc. | 0.17% | 26,040 | $1.0M | Reduce -5.8% |
| NEE Nextera Energy Inc. | 0.17% | 12,100 | $979K | Reduce -3.2% |
| COF Capital One Financial Corp. | 0.17% | 4,000 | $969K | Reduce -1.2% |
| DE Deere & Co. | 0.16% | 2,050 | $954K | Reduce -2.4% |
| JEPI JPMorgan Equity Premium Inco | 0.16% | 16,214 | $929K | Reduce -2.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.16% | 16,500 | $908K | Add +26.9% |
| MCD McDonald's Corp. | 0.16% | 2,986 | $906K | Add +6.6% |
| AMD Advanced Micro Devices | 0.15% | 4,000 | $894K | No change |
| BA The Boeing Co. | 0.14% | 3,537 | $806K | No change |
| BOND PIMCO Active Bond Exchange-T | 0.14% | 8,643 | $804K | Reduce -5.3% |
| CMF iShares California Muni Bond | 0.13% | 13,510 | $777K | Reduce -0.5% |
| IWR iShares Russell Mid-Cap ETF | 0.13% | 7,947 | $773K | Reduce -23.7% |
| TOST Toast Inc. Class A | 0.13% | 22,640 | $770K | Reduce -2.7% |
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($6.8M), ISHARES TR puts ($1.8M), XLF puts ($1.6M).
Portfolio Sells Q3 2025 → Q4 2025
| ORCL Oracle Corp. | Reduce -87.8% | 0.07% | −0.77 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.66 |
| NOW ServiceNow Inc. | Reduce -39.8% | 0.61% | −0.63 |
| SYK Stryker Corp. | Reduce -58.8% | 0.38% | −0.57 |
| CARR Carrier Global Corp. | Sold out | 0.00% | −0.52 |
| MSFT Microsoft Corp. | Reduce -1.8% | 5.05% | −0.49 |
| TTEK Tetra Tech Inc. | Sold out | 0.00% | −0.42 |
| CPRT Copart Inc. | Reduce -13.7% | 1.14% | −0.40 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.40 |
| MSI Motorola Solutions Inc. | Reduce -29.3% | 0.60% | −0.38 |
| EFX Equifax Inc. | Sold out | 0.00% | −0.31 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -6.8% | 4.98% | −0.30 |
| TDG Transdigm Group Inc. | Reduce -23.4% | 1.35% | −0.30 |
| CCC CCC Intelligent Solutions Ho | Sold out | 0.00% | −0.29 |
| CP Canadian Pacific Kansas City | Reduce -17.0% | 1.19% | −0.25 |
| UNH Unitedhealth Group Inc. | Reduce -18.7% | 0.72% | −0.20 |
| UBER Uber Technologies Inc. | Reduce -1.9% | 1.13% | −0.20 |
| CMS CMS Energy Corp. | Reduce -10.7% | 1.40% | −0.18 |
| EXR Extra Space Storage Inc. | Reduce -13.7% | 0.70% | −0.17 |
| ADP Automatic Data Processing | Reduce -56.0% | 0.09% | −0.15 |
| TYL Tyler Technologies Inc. | Reduce -12.6% | 0.50% | −0.15 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.14 |
| SPGI S&P Global Inc. | Reduce -17.2% | 1.25% | −0.14 |
| FLS Flowserve Corp. | Sold out | 0.00% | −0.14 |
| GFL GFL Environmental Inc.-Sub VT | Reduce -14.9% | 0.49% | −0.13 |
| LPG Dorian LPG Ltd. | Sold out | 0.00% | −0.12 |
| ARE Alexandria Real Estate Equit | Sold out | 0.00% | −0.12 |
| MA Mastercard Inc. Class A | Reduce -4.3% | 1.94% | −0.12 |
| SH Proshares Short S&P500 | Reduce -25.8% | 0.31% | −0.11 |
| LFUS Littelfuse Inc. | Sold out | 0.00% | −0.11 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.11 |
| WMB Williams Cos Inc. | Reduce -6.4% | 2.04% | −0.10 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.10 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −0.10 |
| ENFR Alerian Energy Infrastructur | Reduce -13.1% | 0.65% | −0.10 |
| META Meta Platforms Inc. Class A | Reduce -1.5% | 0.76% | −0.09 |
| HHH Howard Hughes Holdings Inc. | Sold out | 0.00% | −0.09 |
| NCLH Norwegian Cruise Line Holdin | Sold out | 0.00% | −0.08 |
| CPT Camden Property Trust | Reduce -69.8% | 0.04% | −0.08 |
| BEPC Brookfield Renewable Corp. | Sold out | 0.00% | −0.06 |
| BSX Boston Scientific Corp. | Reduce -3.7% | 1.37% | −0.06 |
| VMC Vulcan Materials Co. | Reduce -3.2% | 0.99% | −0.06 |
| GTLS Chart Industries Inc. | Reduce -20.0% | 0.28% | −0.06 |
| GRSD Grandstand Ltd. | Sold out | 0.00% | −0.06 |
| BKNG Booking Holdings Inc. | Reduce -14.9% | 0.28% | −0.05 |
| MCO Moody's Corp. | Reduce -6.9% | 1.94% | −0.05 |
| PPL PPL Corp. | Reduce -10.2% | 0.32% | −0.05 |
| ECL Ecolab Inc. | Reduce -0.1% | 1.38% | −0.04 |
| CLBT Cellebrite Di Ltd. | Reduce -0.8% | 0.84% | −0.04 |
| AMT American Tower Corp. | Reduce -0.3% | 0.47% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| CBRE CBRE Group Inc. Class A | New | 1.03% | +1.03 |
| LNT Alliant Energy Corp. | New | 0.89% | +0.89 |
| FAST Fastenal Co. | New | 0.79% | +0.79 |
| MDT Medtronic PLC | Add +742.1% | 0.83% | +0.74 |
| RKT Rocket Cos Inc. Class A | New | 0.72% | +0.72 |
| TBLL Invesco Short Term Treasury | Add +260.4% | 0.91% | +0.66 |
| MPWR Monolithic Power Systems Inc. | New | 0.63% | +0.63 |
| AVGO Broadcom Inc. | Add +267.6% | 0.79% | +0.58 |
| CRH CRH PLC | Add +7.1% | 3.57% | +0.41 |
| SOLV Solventum Corp. | Add +32.4% | 1.12% | +0.33 |
| TMO Thermo Fisher Scientific Inc. | Add +20.8% | 0.96% | +0.26 |
| ICE Intercontinental Exchange Inc. | New | 0.26% | +0.26 |
| MS Morgan Stanley | Add +3.1% | 1.10% | +0.20 |
| RTX RTX Corp. | Add +3.5% | 1.11% | +0.17 |
| HLT Hilton Worldwide Holdings Inc. | Add +4.7% | 0.89% | +0.15 |
| V Visa Inc. Class A | Add +7.5% | 1.55% | +0.13 |
| ELAN Elanco Animal Health Inc. | New | 0.12% | +0.12 |
| HUBB Hubbell Inc. | New | 0.11% | +0.11 |
| CET Central Securities Corp. | Add +11.5% | 1.07% | +0.11 |
| CCJ Cameco Corp. | Add +1.6% | 0.66% | +0.11 |
| AROC Archrock Inc. | New | 0.10% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +5.5% | 0.90% | +0.10 |
| IXUS iShares Core Intl Stock ETF | New | 0.09% | +0.09 |
| NGS Natural Gas Services Group | New | 0.09% | +0.09 |
| NVDA Nvidia Corp. | Add +3.4% | 1.26% | +0.05 |
| EPAM Epam Systems Inc. | Add +66.7% | 0.09% | +0.05 |
| PFF iShares Preferred & Income S | New | 0.04% | +0.04 |
| BAC Bank of America Corp. | Add +26.9% | 0.16% | +0.04 |
| MCHP Microchip Technology Inc. | Add +5.2% | 0.85% | +0.04 |
| XOM Exxon Mobil Corp. | New | 0.04% | +0.04 |
| SEI Solaris Energy Infrastructur | New | 0.03% | +0.03 |
| LIND Lindblad Expeditions Holding | Add +8.6% | 0.09% | +0.02 |
| DTM DT Midstream Inc. | Add +1.4% | 0.21% | +0.02 |
| MCD McDonald's Corp. | Add +6.6% | 0.16% | +0.01 |
| FERG Ferguson Enterprises Inc. | Add +3.7% | 0.29% | +0.01 |
| SUI Sun Communities Inc. | Add +7.3% | 0.10% | +0.00 |
| KMI Kinder Morgan Inc. | Add +2.6% | 0.18% | +0.00 |
| INTU Intuit Inc. | Add +6.4% | 0.68% | −0.00 |
| LYV Live Nation Entertainment Inc. | Add +5.8% | 0.85% | −0.01 |
| BLK BlackRock Inc. | Add +1.9% | 0.21% | −0.01 |
| RMD Resmed Inc. | Add +6.2% | 0.74% | −0.04 |
| LNG Cheniere Energy Inc. | Add +4.2% | 0.68% | −0.08 |
| ETN Eaton Corp. PLC | Add +5.8% | 0.97% | −0.08 |
| AJG Arthur J Gallagher & Co. | Add +5.4% | 0.62% | −0.08 |
| COST Costco Wholesale Corp. | Add +0.7% | 2.68% | −0.14 |
Options Activity Q3 2025 → Q4 2025
| STATE STR SPDR S&P 500 ETF T | put | Add +66.7% | 10,000 | $6.8M |
| ISHARES TR | put | New | 7,500 | $1.8M |
| XLF SS Financial Select Sector | put | New | 30,000 | $1.6M |
| LENNAR CORP | call | Sold out | 10,000 | $1.3Mbefore exit |
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 |