Brasada Capital Management, LP

Name: BRASADA CAPITAL MANAGEMENT, LP 13F holdings, Q4 2025
Creator: BRASADA CAPITAL MANAGEMENT, LP
Published: 2026-02-13

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

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%
SCHD Schwab US DVD Equity ETF	0.13%	27,552	$764K	No change
AGG iShares Core U.S. Aggregate	0.13%	7,499	$749K	Reduce -5.0%
NG Novagold Resources Inc.	0.13%	80,000	$736K	No change
ZTS Zoetis Inc.	0.13%	5,800	$730K	No change
GOVT iShares US Treasury Bond ETF	0.12%	31,400	$723K	Reduce -5.0%
DGRO iShares Core Dividend Growth	0.12%	10,069	$703K	Reduce -23.9%
ELAN Elanco Animal Health Inc.	0.12%	30,010	$679K	New
MCRI Monarch Casino & Resort Inc.	0.12%	7,000	$672K	No change
QQQ Invesco QQQ Trust Series 1	0.11%	1,090	$668K	Reduce -3.0%
HUBB Hubbell Inc.	0.11%	1,500	$666K	New
TECB iShares US Tech Breakthrough	0.11%	10,762	$651K	Reduce -6.7%
AROC Archrock Inc.	0.10%	23,000	$598K	New
SKY Champion Homes Inc.	0.10%	6,915	$584K	Reduce -13.6%
OKE Oneok Inc.	0.10%	7,694	$572K	No change
SUI Sun Communities Inc. filed as SUN CMNTYS INC	0.10%	4,680	$572K	Add +7.3%
ORA Ormat Technologies Inc.	0.10%	5,000	$569K	No change
ADP Automatic Data Processing	0.09%	2,171	$549K	Reduce -56.0%
LIND Lindblad Expeditions Holding	0.09%	38,000	$549K	Add +8.6%
AM Antero Midstream Corp.	0.09%	30,000	$538K	No change
IXUS iShares Core Intl Stock ETF	0.09%	6,041	$519K	New
NGS Natural Gas Services Group	0.09%	15,000	$516K	New
FCX Freeport-McMoran Inc.	0.09%	10,000	$508K	Reduce -46.0%
EPAM Epam Systems Inc.	0.09%	2,500	$501K	Add +66.7%
CPK Chesapeake Utilities Corp.	0.08%	3,700	$460K	No change
ORCL Oracle Corp.	0.07%	2,104	$412K	Reduce -87.8%
PAGP Plains GP Holdings LP	0.07%	20,000	$388K	No change
JPIB JPMorgan Intl BND ETF	0.06%	6,711	$328K	Reduce -5.2%
LAMR Lamar Advertising Co. Class A	0.05%	2,570	$319K	No change
VUSB Vanguard Ultra Short Bond Et	0.05%	6,384	$318K	Reduce -5.1%
TSLA Tesla Inc.	0.05%	637	$279K	Reduce -0.6%
GLD SPDR Gold Shares	0.04%	644	$256K	No change
PFF iShares Preferred & Income S	0.04%	8,069	$252K	New
BR Broadridge Financial Solutio	0.04%	1,000	$220K	Reduce -11.5%
CPT Camden Property Trust	0.04%	1,900	$209K	Reduce -69.8%
XOM Exxon Mobil Corp.	0.04%	1,694	$208K	New
SEI Solaris Energy Infrastructur	0.03%	4,000	$201K	New
JBLU Jetblue Airways Corp.	0.01%	14,000	$64K	No change

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