Brasada Capital Management, LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Brasada Capital Management, LP reported 141 stock positions worth $543.3 million. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 9.0% of the portfolio, followed by Alphabet Class A (GOOGL, 4.9%) and CRH (CRH, 3.0%). Compared with Q4 2025, it opened 28 new positions, sold out of 24, added to 34 and reduced 65. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +69%) and the biggest sale Microsoft (MSFT, shares −53%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001643833
- Portfolio Value
- $543.3M (Q1 2026)
- SEC Filing
- 0001420506-26-001123 ↗ filed May 15, 2026
Holdings Value
Holdings 141 stocks · $543.3M
| BIL SS SPDR BB 1-3M T-Bill ETF | 9.01% | 535,375 | $49.0M | Add +69.0% |
| GOOGL Alphabet Inc. Class A | 4.88% | 88,415 | $26.5M | Reduce -9.6% |
| CRH CRH PLC | 3.02% | 154,264 | $16.4M | Reduce -6.0% |
| WCN Waste Connections Inc. | 2.91% | 95,438 | $15.8M | Reduce -13.5% |
| IDXX Idexx Laboratories Inc. | 2.87% | 27,021 | $15.6M | Reduce -6.4% |
| COST Costco Wholesale Corp. | 2.48% | 13,234 | $13.5M | Reduce -27.4% |
| WMB Williams Cos Inc. | 2.48% | 185,343 | $13.5M | Reduce -5.0% |
| AMZN Amazon.com Inc. | 2.12% | 54,309 | $11.5M | Reduce -31.8% |
| AVGO Broadcom Inc. | 2.00% | 34,590 | $10.9M | Add +163.4% |
| MSFT Microsoft Corp. | 1.99% | 28,988 | $10.8M | Reduce -53.3% |
| HEI.A Heico Corp. Class A | 1.87% | 47,670 | $10.2M | Reduce -9.0% |
| MA Mastercard Inc. Class A | 1.68% | 18,238 | $9.1M | Reduce -9.0% |
| TBLL Invesco Short Term Treasury | 1.68% | 86,172 | $9.1M | Add +71.9% |
| ECL Ecolab Inc. | 1.66% | 33,783 | $9.0M | Add +10.3% |
| CMS CMS Energy Corp. | 1.63% | 112,992 | $8.9M | Reduce -2.5% |
| V Visa Inc. Class A | 1.47% | 26,377 | $8.0M | Add +1.2% |
| HWM Howmet Aerospace Inc. | 1.40% | 32,233 | $7.6M | Reduce -9.9% |
| HON Honeywell International Inc. | 1.33% | 31,711 | $7.2M | New |
| WELL Welltower Inc. | 1.31% | 35,484 | $7.1M | Reduce -5.5% |
| ETN Eaton Corp. PLC | 1.22% | 18,289 | $6.6M | Add +6.0% |
| NVDA Nvidia Corp. | 1.22% | 37,255 | $6.6M | Reduce -3.7% |
| IXUS iShares Core Intl Stock ETF | 1.19% | 73,821 | $6.5M | Add +1122.0% |
| RTX RTX Corp. | 1.19% | 32,498 | $6.4M | Reduce -5.4% |
| MDT Medtronic PLC | 1.18% | 74,096 | $6.4M | Add +46.6% |
| CET Central Securities Corp. | 1.16% | 126,070 | $6.3M | Add +2.5% |
| ADI Analog Devices Inc. | 1.15% | 19,135 | $6.3M | New |
| UPS United Parcel Service Class B | 1.14% | 63,491 | $6.2M | New |
| TRGP Targa Resources Corp. | 1.12% | 24,798 | $6.1M | Add +293.6% |
| LNT Alliant Energy Corp. | 1.12% | 83,673 | $6.1M | Add +5.6% |
| UBER Uber Technologies Inc. | 1.11% | 83,560 | $6.0M | Add +5.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.08% | 12,330 | $5.9M | Reduce -17.1% |
| MS Morgan Stanley | 1.08% | 35,100 | $5.8M | Add +0.2% |
| LYV Live Nation Entertainment Inc. | 1.08% | 36,494 | $5.8M | Add +7.3% |
| HLT Hilton Worldwide Holdings Inc. | 1.06% | 18,805 | $5.8M | Add +6.4% |
| RPRX Royalty Pharma PLC Class A | 1.06% | 121,499 | $5.7M | New |
| FAST Fastenal Co. | 1.01% | 119,260 | $5.5M | Add +4.6% |
| FTAI Ftai Aviation Ltd. | 0.99% | 21,751 | $5.4M | Reduce -0.9% |
| VMC Vulcan Materials Co. | 0.98% | 18,947 | $5.3M | Reduce -4.0% |
| MCHP Microchip Technology Inc. | 0.97% | 79,231 | $5.3M | Add +3.6% |
| BKR Baker Hughes Co. | 0.94% | 84,040 | $5.1M | New |
| SOLV Solventum Corp. | 0.93% | 80,133 | $5.1M | Reduce -2.7% |
| SSD Simpson Manufacturing Co. Inc. | 0.93% | 30,000 | $5.0M | Reduce -5.7% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.91% | 282,488 | $5.0M | New |
| CBRE CBRE Group Inc. Class A | 0.91% | 36,379 | $5.0M | Reduce -2.3% |
| MSI Motorola Solutions Inc. | 0.90% | 11,109 | $4.9M | Add +22.4% |
| JPM JPMorgan Chase & Co. | 0.90% | 16,468 | $4.9M | Add +3.0% |
| BSX Boston Scientific Corp. | 0.88% | 76,308 | $4.8M | Reduce -9.4% |
| RIO Rio Tinto PLC-Spon ADR | 0.87% | 50,150 | $4.7M | New |
| CCJ Cameco Corp. | 0.87% | 42,747 | $4.7M | Add +8.9% |
| XOM Exxon Mobil Corp. | 0.87% | 28,730 | $4.7M | Add +1596.0% |
| CVCO Cavco Industries Inc. | 0.87% | 9,775 | $4.7M | New |
| TMO Thermo Fisher Scientific Inc. | 0.81% | 8,984 | $4.4M | Reduce -5.0% |
| MPWR Monolithic Power Systems Inc. | 0.80% | 3,704 | $4.4M | Reduce -6.0% |
| ENFR Alerian Energy Infrastructur | 0.80% | 115,229 | $4.4M | Reduce -2.7% |
| SOLS Solstice Adv Materials Inc. | 0.79% | 55,012 | $4.3M | New |
| RMD Resmed Inc. | 0.76% | 18,437 | $4.1M | Add +5.3% |
| NEOG Neogen Corp. | 0.66% | 373,486 | $3.6M | New |
| BELFA Bel Fuse Inc. Class A | 0.64% | 17,723 | $3.5M | New |
| META Meta Platforms Inc. Class A | 0.59% | 5,558 | $3.2M | Reduce -17.9% |
| APH Amphenol Corp. Class A | 0.58% | 25,058 | $3.2M | New |
| GFL GFL Environmental Inc.-Sub VT | 0.54% | 64,866 | $2.9M | Reduce -2.8% |
| BKTI BK Technologies Corp. | 0.49% | 33,935 | $2.7M | New |
| EZU iShares MSCI Eurozone ETF | 0.48% | 41,200 | $2.6M | No change |
| GOOG Alphabet Inc. Class C | 0.40% | 7,341 | $2.2M | Add +0.2% |
| AAPL Apple Inc. | 0.39% | 8,289 | $2.1M | Add +1.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.35% | 17,409 | $1.9M | Reduce -0.4% |
| DHR Danaher Corp. | 0.32% | 8,966 | $1.7M | Reduce -75.1% |
| TYL Tyler Technologies Inc. | 0.31% | 5,046 | $1.7M | Reduce -25.0% |
| FEUZ First Trust Eurozone Alphade | 0.28% | 23,600 | $1.5M | No change |
| SPGI S&P Global Inc. | 0.27% | 3,438 | $1.5M | Reduce -75.8% |
| PWR Quanta Services Inc. | 0.26% | 2,553 | $1.4M | Add +0.1% |
| VTR Ventas Inc. | 0.26% | 16,916 | $1.4M | Reduce -0.6% |
| DTM DT Midstream Inc. | 0.25% | 10,190 | $1.4M | Reduce -1.0% |
| TWFG TWFG Inc. | 0.25% | 72,099 | $1.3M | Reduce -55.2% |
| BKNG Booking Holdings Inc. | 0.24% | 7,425 | $1.3M | Add +2358.6% |
| IVW iShares S&P 500 Growth ETF | 0.21% | 9,813 | $1.1M | Reduce -1.7% |
| NEE Nextera Energy Inc. | 0.21% | 12,114 | $1.1M | Add +0.1% |
| TDG Transdigm Group Inc. | 0.20% | 930 | $1.1M | Reduce -83.9% |
| MUB iShares National Muni Bond E | 0.19% | 9,478 | $1.0M | Reduce -34.6% |
| KMI Kinder Morgan Inc. | 0.19% | 30,000 | $1.0M | Reduce -23.1% |
| SH Proshares Short S&P500 | 0.18% | 26,653 | $998K | Reduce -47.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 20,000 | $975K | Add +21.2% |
| LAMR Lamar Advertising Co. Class A | 0.17% | 7,318 | $938K | Add +184.8% |
| MCD McDonald's Corp. | 0.17% | 2,984 | $924K | Reduce -0.1% |
| PH Parker Hannifin Corp. | 0.16% | 1,000 | $895K | Reduce -20.0% |
| AMD Advanced Micro Devices | 0.16% | 4,014 | $884K | Add +0.3% |
| JEPI JPMorgan Equity Premium Inco | 0.16% | 15,112 | $857K | Reduce -6.8% |
| AMAT Applied Materials Inc. | 0.16% | 2,500 | $854K | New |
| SYK Stryker Corp. | 0.16% | 2,553 | $848K | Reduce -59.2% |
| GS Goldman Sachs Group Inc. | 0.16% | 1,000 | $846K | Reduce -23.1% |
| DE Deere & Co. | 0.16% | 1,500 | $845K | Reduce -26.8% |
| SCHD Schwab US DVD Equity ETF | 0.16% | 27,552 | $844K | No change |
| PSTL Postal Realty Trust Inc. Class A | 0.15% | 43,608 | $829K | New |
| FERG Ferguson Enterprises Inc. | 0.15% | 3,408 | $815K | Reduce -54.6% |
| TOST Toast Inc. Class A | 0.15% | 30,000 | $811K | Add +32.5% |
| IWR iShares Russell Mid-Cap ETF | 0.14% | 7,910 | $781K | Reduce -0.5% |
| BA The Boeing Co. | 0.14% | 3,554 | $755K | Add +0.5% |
| WM Waste Management Inc. | 0.14% | 3,186 | $745K | New |
| CSX CSX Corp. | 0.14% | 18,000 | $739K | New |
| HUBB Hubbell Inc. | 0.14% | 1,500 | $736K | No change |
Options reported separately and not counted above: ISHARES TR calls ($543K), AMERICAN AIRLINES GROUP INC calls ($322K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $929K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 11,100 | $720K | New |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 3,512 | $209K | New |
Total filed on the 13F, all lines: $544.3M.
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -53.3% | 1.99% | −3.06 |
| MCO Moody's Corp. | Sold out | 0.00% | −1.94 |
| WST West Pharmaceutical Services | Sold out | 0.00% | −1.28 |
| CP Canadian Pacific Kansas City | Sold out | 0.00% | −1.19 |
| TDG Transdigm Group Inc. | Reduce -83.9% | 0.20% | −1.15 |
| CPRT Copart Inc. | Sold out | 0.00% | −1.14 |
| DHR Danaher Corp. | Reduce -75.1% | 0.32% | −1.11 |
| AMZN Amazon.com Inc. | Reduce -31.8% | 2.12% | −0.98 |
| SPGI S&P Global Inc. | Reduce -75.8% | 0.27% | −0.98 |
| CLBT Cellebrite Di Ltd. | Sold out | 0.00% | −0.84 |
| RKT Rocket Cos Inc. Class A | Sold out | 0.00% | −0.72 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.72 |
| EXR Extra Space Storage Inc. | Sold out | 0.00% | −0.70 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.68 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.68 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.62 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.61 |
| CRH CRH PLC | Reduce -6.0% | 3.02% | −0.55 |
| TWFG TWFG Inc. | Reduce -55.2% | 0.25% | −0.53 |
| BSX Boston Scientific Corp. | Reduce -9.4% | 0.88% | −0.49 |
| IDXX Idexx Laboratories Inc. | Reduce -6.4% | 2.87% | −0.45 |
| HEI.A Heico Corp. Class A | Reduce -9.0% | 1.87% | −0.44 |
| GOOGL Alphabet Inc. Class A | Reduce -9.6% | 4.88% | −0.42 |
| WCN Waste Connections Inc. | Reduce -13.5% | 2.91% | −0.40 |
| AMT American Tower Corp. | Reduce -79.6% | 0.10% | −0.36 |
| MA Mastercard Inc. Class A | Reduce -9.0% | 1.68% | −0.26 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.26 |
| SYK Stryker Corp. | Reduce -59.2% | 0.16% | −0.22 |
| COST Costco Wholesale Corp. | Reduce -27.4% | 2.48% | −0.20 |
| PPL PPL Corp. | Reduce -65.6% | 0.13% | −0.19 |
| TYL Tyler Technologies Inc. | Reduce -25.0% | 0.31% | −0.19 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -17.1% | 1.08% | −0.19 |
| SOLV Solventum Corp. | Reduce -2.7% | 0.93% | −0.19 |
| MAIN Main Street Capital Corp. | Sold out | 0.00% | −0.18 |
| REXR Rexford Industrial Realty Inc. | Sold out | 0.00% | −0.17 |
| META Meta Platforms Inc. Class A | Reduce -17.9% | 0.59% | −0.17 |
| BLK BlackRock Inc. | Reduce -80.5% | 0.04% | −0.17 |
| GTLS Chart Industries Inc. | Reduce -62.5% | 0.11% | −0.17 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.17 |
| TMO Thermo Fisher Scientific Inc. | Reduce -5.0% | 0.81% | −0.15 |
| FERG Ferguson Enterprises Inc. | Reduce -54.6% | 0.15% | −0.14 |
| SH Proshares Short S&P500 | Reduce -47.5% | 0.18% | −0.13 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.13 |
| CBRE CBRE Group Inc. Class A | Reduce -2.3% | 0.91% | −0.11 |
| SKY Champion Homes Inc. | Sold out | 0.00% | −0.10 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.09 |
| MUB iShares National Muni Bond E | Reduce -34.6% | 0.19% | −0.08 |
| CPK Chesapeake Utilities Corp. | Sold out | 0.00% | −0.08 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.07 |
| EPAM Epam Systems Inc. | Reduce -40.0% | 0.04% | −0.05 |
Portfolio Buys Q4 2025 → Q1 2026
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +69.0% | 9.01% | +4.03 |
| HON Honeywell International Inc. | New | 1.33% | +1.33 |
| AVGO Broadcom Inc. | Add +163.4% | 2.00% | +1.22 |
| ADI Analog Devices Inc. | New | 1.15% | +1.15 |
| UPS United Parcel Service Class B | New | 1.14% | +1.14 |
| IXUS iShares Core Intl Stock ETF | Add +1122.0% | 1.19% | +1.10 |
| RPRX Royalty Pharma PLC Class A | New | 1.06% | +1.06 |
| BKR Baker Hughes Co. | New | 0.94% | +0.94 |
| TRGP Targa Resources Corp. | Add +293.6% | 1.12% | +0.92 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | New | 0.91% | +0.91 |
| RIO Rio Tinto PLC-Spon ADR | New | 0.87% | +0.87 |
| CVCO Cavco Industries Inc. | New | 0.87% | +0.87 |
| XOM Exxon Mobil Corp. | Add +1596.0% | 0.87% | +0.83 |
| SOLS Solstice Adv Materials Inc. | New | 0.79% | +0.79 |
| TBLL Invesco Short Term Treasury | Add +71.9% | 1.68% | +0.76 |
| NEOG Neogen Corp. | New | 0.66% | +0.66 |
| BELFA Bel Fuse Inc. Class A | New | 0.64% | +0.64 |
| APH Amphenol Corp. Class A | New | 0.58% | +0.58 |
| BKTI BK Technologies Corp. | New | 0.49% | +0.49 |
| MDT Medtronic PLC | Add +46.6% | 1.18% | +0.34 |
| MSI Motorola Solutions Inc. | Add +22.4% | 0.90% | +0.31 |
| ECL Ecolab Inc. | Add +10.3% | 1.66% | +0.28 |
| ETN Eaton Corp. PLC | Add +6.0% | 1.22% | +0.26 |
| LYV Live Nation Entertainment Inc. | Add +7.3% | 1.08% | +0.23 |
| LNT Alliant Energy Corp. | Add +5.6% | 1.12% | +0.22 |
| FAST Fastenal Co. | Add +4.6% | 1.01% | +0.21 |
| CCJ Cameco Corp. | Add +8.9% | 0.87% | +0.21 |
| HLT Hilton Worldwide Holdings Inc. | Add +6.4% | 1.06% | +0.17 |
| AMAT Applied Materials Inc. | New | 0.16% | +0.16 |
| PSTL Postal Realty Trust Inc. Class A | New | 0.15% | +0.15 |
| WM Waste Management Inc. | New | 0.14% | +0.14 |
| CSX CSX Corp. | New | 0.14% | +0.14 |
| MCHP Microchip Technology Inc. | Add +3.6% | 0.97% | +0.12 |
| LAMR Lamar Advertising Co. Class A | Add +184.8% | 0.17% | +0.12 |
| ITRN Ituran Location and Control | New | 0.11% | +0.11 |
| SARK Tradr 1X Short Innov DLY-Usd | New | 0.09% | +0.09 |
| CET Central Securities Corp. | Add +2.5% | 1.16% | +0.09 |
| EQT Eqt Corp. | New | 0.09% | +0.09 |
| ON On Semiconductor | New | 0.09% | +0.09 |
| ES Eversource Energy | New | 0.08% | +0.08 |
| HOOD Robinhood Markets Inc. Class A | New | 0.08% | +0.08 |
| ST Sensata Technologies Holdplc | New | 0.08% | +0.08 |
| MLPI Neos MLP Enrgy HGH Inc. ETF | New | 0.08% | +0.08 |
| MRP Millrose Properties | New | 0.08% | +0.08 |
| CC The Chemours Co. | New | 0.08% | +0.08 |
| OMAB Grupo Aeroportuario Cen-ADR | New | 0.07% | +0.07 |
| PWR Quanta Services Inc. | Add +0.1% | 0.26% | +0.07 |
| NEE Nextera Energy Inc. | Add +0.1% | 0.21% | +0.04 |
| PAGP Plains GP Holdings LP | Add +9.5% | 0.10% | +0.03 |
| OKE Oneok Inc. | Add +0.1% | 0.13% | +0.03 |
Options Activity Q4 2025 → Q1 2026
| STATE STR SPDR S&P 500 ETF T | put | Sold out | 10,000 | $6.8Mbefore exit |
| ISHARES TR | put | Sold out | 7,500 | $1.8Mbefore exit |
| XLF SS Financial Select Sector | put | Sold out | 30,000 | $1.6Mbefore exit |
| ISHARES TR | call | New | 6,000 | $543K |
| AMERICAN AIRLINES GROUP INC | call | New | 30,000 | $322K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | New | 11,100 | $720K |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | New | 3,512 | $209K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages 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 |