Canopy Partners, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Canopy Partners, LLC reported 253 stock positions worth $307.0 million. Its top holding was Apple (AAPL) at 4.8% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 4.5%) and SS SPDR S&P 500 ETF Trust-US (SPY, 4.0%). Compared with Q3 2025, it opened 24 new positions, sold out of 6, added to 117 and reduced 82. The biggest buy was Alphabet Class C (GOOG, shares +9%) and the biggest sale an exit from Blackstone Private Credit-I.
- Most Recent 13F
- Q2 2026
- Location
- CINCINNATI, OH
- CIK
- 0001960860
- Portfolio Value
- $307.0M (Q4 2025)
- SEC Filing
- 0001960860-26-000001 ↗ filed Feb 12, 2026
Holdings Value
Holdings 253 stocks · $307.0M
| AAPL Apple Inc. | 4.77% | 53,834 | $14.6M | Add +0.7% |
| VTI VG Morningstar TS MKT ETF-US | 4.45% | 40,760 | $13.7M | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.95% | 17,781 | $12.1M | No change |
| MSFT Microsoft Corp. | 3.95% | 25,068 | $12.1M | Add +0.8% |
| DFAU Dimensional US Core Equity M | 3.81% | 250,139 | $11.7M | Add +9.8% |
| GOOGL Alphabet Inc. Class A | 3.61% | 35,407 | $11.1M | Reduce -3.9% |
| IEFA iShares Core MSCI Eafe ETF | 3.49% | 119,761 | $10.7M | Reduce -0.3% |
| NVDA Nvidia Corp. | 3.40% | 55,999 | $10.4M | Reduce -3.7% |
| MDY State Street SPDR S&P Midcap | 3.24% | 16,507 | $10.0M | Reduce -3.4% |
| AMZN Amazon.com Inc. | 2.83% | 37,579 | $8.7M | Add +1.2% |
| DFAX Dimensional World Ex US Core | 2.00% | 187,611 | $6.1M | Add +2.9% |
| META Meta Platforms Inc. Class A | 1.79% | 8,326 | $5.5M | Reduce -0.2% |
| IWR iShares Russell Mid-Cap ETF | 1.76% | 56,176 | $5.4M | Reduce -0.2% |
| IEMG iShares Core MSCI Emerging | 1.57% | 71,727 | $4.8M | Add +0.3% |
| JPM JPMorgan Chase & Co. | 1.54% | 14,686 | $4.7M | Reduce -1.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.48% | 6 | $4.5M | No change |
| IJR iShares Core S&P Small-Cap E | 1.32% | 33,667 | $4.0M | Reduce -0.6% |
| GOOG Alphabet Inc. Class C | 1.28% | 12,478 | $3.9M | Add +9.0% |
| AVGO Broadcom Inc. | 1.24% | 10,981 | $3.8M | Add +14.9% |
| WMT Walmart Inc. | 1.16% | 31,860 | $3.5M | Reduce -3.2% |
| TSM Taiwan Semiconductor-SP ADR | 1.03% | 10,390 | $3.2M | Reduce -1.6% |
| DFCF Dimensional Core Fixed Inc. | 0.96% | 69,206 | $2.9M | Add +0.4% |
| V Visa Inc. Class A | 0.94% | 8,187 | $2.9M | Add +2.1% |
| MA Mastercard Inc. Class A | 0.91% | 4,917 | $2.8M | Reduce -1.3% |
| JNJ Johnson & Johnson | 0.91% | 13,489 | $2.8M | Reduce -0.9% |
| KR Kroger Co. | 0.88% | 42,985 | $2.7M | Reduce -0.1% |
| TSLA Tesla Inc. | 0.80% | 5,441 | $2.4M | Add +1.5% |
| SCZ iShares MSCI Eafe Small-Cap | 0.78% | 30,908 | $2.4M | No change |
| AXP American Express Co. | 0.75% | 6,211 | $2.3M | Add +1.0% |
| COST Costco Wholesale Corp. | 0.70% | 2,495 | $2.2M | Add +3.4% |
| ADP Automatic Data Processing | 0.70% | 8,339 | $2.1M | Reduce -0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.66% | 4,030 | $2.0M | Add +4.5% |
| CAT Caterpillar Inc. | 0.66% | 3,534 | $2.0M | Add +0.2% |
| LLY Eli Lilly & Co. | 0.63% | 1,808 | $1.9M | Add +3.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.63% | 35,227 | $1.9M | Add +0.2% |
| ABT Abbott Laboratories | 0.56% | 13,809 | $1.7M | Add +0.2% |
| NOW ServiceNow Inc. | 0.56% | 11,205 | $1.7M | Reduce -4.2% |
| CRM Salesforce Inc. | 0.55% | 6,343 | $1.7M | Add +0.3% |
| SCHW Schwab (charles) Corp. | 0.52% | 15,839 | $1.6M | Reduce -0.1% |
| IVV iShares Core S&P 500 ETF | 0.51% | 2,282 | $1.6M | Add +1.3% |
| PNC PNC Financial Services Group | 0.49% | 7,266 | $1.5M | Add +1.9% |
| BLK BlackRock Inc. | 0.49% | 1,400 | $1.5M | Add +4.2% |
| AMGN Amgen Inc. | 0.49% | 4,566 | $1.5M | Add +4.2% |
| IVW iShares S&P 500 Growth ETF | 0.48% | 12,036 | $1.5M | No change |
| MRK Merck & Co. Inc. | 0.47% | 13,690 | $1.4M | Add +5.5% |
| IXUS iShares Core Intl Stock ETF | 0.45% | 16,185 | $1.4M | No change |
| APH Amphenol Corp. Class A | 0.44% | 9,965 | $1.3M | Add +1.4% |
| ACN Accenture PLC Class A | 0.43% | 4,932 | $1.3M | Add +8.3% |
| CSCO Cisco Systems Inc. | 0.42% | 16,905 | $1.3M | Add +6.8% |
| UNH Unitedhealth Group Inc. | 0.41% | 3,791 | $1.3M | Add +1.0% |
| ABBV Abbvie Inc. | 0.40% | 5,380 | $1.2M | No change |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.39% | 23,893 | $1.2M | Reduce -4.5% |
| BKNG Booking Holdings Inc. | 0.37% | 212 | $1.1M | Add +3.9% |
| IVE iShares S&P 500 Value ETF | 0.37% | 5,296 | $1.1M | No change |
| ETN Eaton Corp. PLC | 0.36% | 3,455 | $1.1M | Add +0.6% |
| NFLX Netflix Inc. | 0.35% | 11,478 | $1.1M | Reduce -1.4% |
| SBUX Starbucks Corp. | 0.35% | 12,714 | $1.1M | Add +2.3% |
| MPC Marathon Petroleum Corp. | 0.35% | 6,551 | $1.1M | Reduce -1.2% |
| CVX Chevron Corp. | 0.34% | 6,898 | $1.1M | Reduce -0.9% |
| MCD McDonald's Corp. | 0.32% | 3,203 | $979K | Reduce -10.2% |
| NEE Nextera Energy Inc. | 0.32% | 12,182 | $978K | Add +2.3% |
| MS Morgan Stanley | 0.32% | 5,448 | $967K | Add +2.5% |
| MDLZ Mondelez International Inc. Class A | 0.31% | 17,915 | $964K | Reduce -2.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.31% | 894 | $956K | Add +1.7% |
| GE General Electric filed as GE AEROSPACE | 0.31% | 3,095 | $953K | No change |
| PG The Procter & Gamble Co. | 0.31% | 6,563 | $941K | Add +4.3% |
| CB Chubb Ltd. | 0.30% | 2,952 | $921K | Add +6.3% |
| PEP Pepsico Inc. | 0.30% | 6,358 | $913K | Add +1.1% |
| TDG Transdigm Group Inc. | 0.29% | 666 | $886K | Reduce -1.8% |
| PFE Pfizer Inc. | 0.28% | 34,909 | $869K | Add +6.7% |
| ORCL Oracle Corp. | 0.28% | 4,440 | $865K | Reduce -8.7% |
| GS Goldman Sachs Group Inc. | 0.28% | 977 | $859K | Add +11.8% |
| IWM iShares Russell 2000 ETF | 0.27% | 3,356 | $826K | No change |
| TCEHY Tencent Holdings Ltd.-Uns ADR | 0.27% | 10,761 | $824K | Add +4.5% |
| ISRG Intuitive Surgical Inc. | 0.27% | 1,443 | $817K | Add +18.2% |
| LOW Lowe's Cos Inc. | 0.26% | 3,259 | $786K | Add +8.1% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.25% | 11,437 | $768K | No change |
| ECL Ecolab Inc. | 0.25% | 2,890 | $759K | Add +7.2% |
| APP AppLovin Corp. Class A | 0.24% | 1,095 | $738K | Reduce -4.5% |
| QCOM Qualcomm Inc. | 0.24% | 4,308 | $737K | Add +5.0% |
| UBER Uber Technologies Inc. | 0.24% | 8,838 | $722K | Add +5.6% |
| EEM iShares MSCI Emerging Market | 0.23% | 13,058 | $714K | No change |
| XOM Exxon Mobil Corp. | 0.23% | 5,889 | $709K | Add +3.9% |
| AMAT Applied Materials Inc. | 0.23% | 2,756 | $708K | Add +7.5% |
| RTX RTX Corp. | 0.22% | 3,746 | $687K | Add +46.4% |
| DE Deere & Co. | 0.22% | 1,465 | $682K | Reduce -15.8% |
| MEDP Medpace Holdings Inc. | 0.22% | 1,207 | $678K | Reduce -0.3% |
| LMT Lockheed Martin Corp. | 0.21% | 1,351 | $653K | Add +1.1% |
| COP Conocophillips | 0.21% | 6,829 | $639K | Reduce -2.6% |
| SYK Stryker Corp. | 0.21% | 1,816 | $638K | Add +10.9% |
| ITW Illinois Tool Works | 0.21% | 2,591 | $638K | Add +0.8% |
| WFC Wells Fargo & Co. | 0.21% | 6,780 | $632K | Add +1.9% |
| HD Home Depot Inc. | 0.21% | 1,834 | $631K | Reduce -9.9% |
| CTAS Cintas Corp. | 0.20% | 3,316 | $624K | Add +30.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.20% | 7,466 | $618K | Add +15.8% |
| TGT Target Corp. | 0.20% | 6,318 | $618K | Add +27.2% |
| MU Micron Technology Inc. | 0.20% | 2,161 | $617K | Add +15.6% |
| FICO Fair Isaac Corp. | 0.20% | 363 | $614K | Add +2.3% |
| EMR Emerson Electric Co. | 0.20% | 4,591 | $609K | Add +5.9% |
| EW Edwards Lifesciences Corp. | 0.19% | 7,015 | $598K | Reduce -4.5% |
Portfolio Sells Q3 2025 → Q4 2025
| BLACKSTONE PRIVATE CREDIT-I | Sold out | 0.00% | −2.01 |
| META Meta Platforms Inc. Class A | Reduce -0.2% | 1.79% | −0.26 |
| NVDA Nvidia Corp. | Reduce -3.7% | 3.40% | −0.22 |
| ORCL Oracle Corp. | Reduce -8.7% | 0.28% | −0.18 |
| NOW ServiceNow Inc. | Reduce -4.2% | 0.56% | −0.16 |
| MDY State Street SPDR S&P Midcap | Reduce -3.4% | 3.24% | −0.16 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.13 |
| ADP Automatic Data Processing | Reduce -0.3% | 0.70% | −0.12 |
| NFLX Netflix Inc. | Reduce -1.4% | 0.35% | −0.12 |
| KR Kroger Co. | Reduce -0.1% | 0.88% | −0.09 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.09 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −0.08 |
| MPC Marathon Petroleum Corp. | Reduce -1.2% | 0.35% | −0.08 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.08 |
| HD Home Depot Inc. | Reduce -9.9% | 0.21% | −0.07 |
| MDLZ Mondelez International Inc. Class A | Reduce -2.0% | 0.31% | −0.07 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.2% | 1.76% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -23.2% | 0.15% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.6% | 4.45% | −0.04 |
| DE Deere & Co. | Reduce -15.8% | 0.22% | −0.04 |
| MCD McDonald's Corp. | Reduce -10.2% | 0.32% | −0.04 |
| LIN Linde PLC | Reduce -21.3% | 0.09% | −0.04 |
| MELI MercadoLibre Inc. | Reduce -7.2% | 0.13% | −0.04 |
| APP AppLovin Corp. Class A | Reduce -4.5% | 0.24% | −0.03 |
| SCHG Schwab US Large-Cap Growth | Reduce -99.9% | 0.00% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -1.3% | 0.91% | −0.03 |
| RSG Republic Services Inc. | Reduce -10.0% | 0.14% | −0.03 |
| PLTR Palantir Technologies Inc. Class A | Reduce -11.4% | 0.16% | −0.03 |
| EME Emcor Group Inc. | Reduce -15.2% | 0.11% | −0.03 |
| BA The Boeing Co. | Reduce -22.4% | 0.10% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -1.4% | 1.54% | −0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -4.5% | 0.39% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.6% | 1.32% | −0.03 |
| XYL Xylem Inc. | Reduce -5.1% | 0.15% | −0.03 |
| PANW Palo Alto Networks Inc. | Reduce -4.4% | 0.14% | −0.03 |
| ADSK Autodesk Inc. | Reduce -2.1% | 0.18% | −0.02 |
| HON Honeywell International Inc. | Reduce -1.3% | 0.18% | −0.02 |
| UNICY Unicharm Corp. - SPN ADR | Sold out | 0.00% | −0.02 |
| WM Waste Management Inc. | Reduce -10.7% | 0.13% | −0.02 |
| CMWAY Commonwealth BK Aus-SP ADR | Reduce -8.9% | 0.12% | −0.02 |
| GIS General Mills Inc. | Reduce -12.5% | 0.07% | −0.02 |
| SAP Sap SE-Sponsored ADR | Reduce -1.0% | 0.14% | −0.02 |
| CVX Chevron Corp. | Reduce -0.9% | 0.34% | −0.02 |
| STN Stantec Inc. | Reduce -2.8% | 0.09% | −0.02 |
| SONY Sony Group Corp. - SP ADR | Reduce -1.7% | 0.10% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -3.8% | 0.10% | −0.02 |
| ROP Roper Technologies Inc. | Reduce -8.1% | 0.07% | −0.02 |
| DIS The Walt Disney Co. | Reduce -14.8% | 0.07% | −0.02 |
| SFTBY Softbank Group Corp.-Unsp ADR | Reduce -4.4% | 0.07% | −0.01 |
| COP Conocophillips | Reduce -2.6% | 0.21% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOG Alphabet Inc. Class C | Add +9.0% | 1.28% | +0.34 |
| DFAU Dimensional US Core Equity M | Add +9.8% | 3.81% | +0.33 |
| AAPL Apple Inc. | Add +0.7% | 4.77% | +0.22 |
| LLY Eli Lilly & Co. | Add +3.2% | 0.63% | +0.19 |
| AVGO Broadcom Inc. | Add +14.9% | 1.24% | +0.19 |
| MRK Merck & Co. Inc. | Add +5.5% | 0.47% | +0.11 |
| AMZN Amazon.com Inc. | Add +1.2% | 2.83% | +0.10 |
| CAT Caterpillar Inc. | Add +0.2% | 0.66% | +0.10 |
| MU Micron Technology Inc. | Add +15.6% | 0.20% | +0.10 |
| DFAX Dimensional World Ex US Core | Add +2.9% | 2.00% | +0.09 |
| ISRG Intuitive Surgical Inc. | Add +18.2% | 0.27% | +0.08 |
| RTX RTX Corp. | Add +46.4% | 0.22% | +0.08 |
| SPG Simon Property Group Inc. | New | 0.07% | +0.07 |
| AMGN Amgen Inc. | Add +4.2% | 0.49% | +0.07 |
| TOELY Tokyo Electron Ltd.-Unsp ADR | New | 0.07% | +0.07 |
| HCA HCA Healthcare Inc. | New | 0.07% | +0.07 |
| LVMUY LVMH Moet Hennessy-Unsp ADR | New | 0.07% | +0.07 |
| MAR Marriott International Class A | New | 0.07% | +0.07 |
| BTI British American Tob-SP ADR | New | 0.07% | +0.07 |
| CLS Celestica Inc. | New | 0.07% | +0.07 |
| CNQ Canadian Natural Resources | New | 0.07% | +0.07 |
| BMY Bristol-Myers Squibb Co. | New | 0.07% | +0.07 |
| ESLT Elbit Systems Ltd. | New | 0.07% | +0.07 |
| ROK Rockwell Automation Inc. | New | 0.07% | +0.07 |
| EA Electronic Arts Inc. | New | 0.07% | +0.07 |
| VZ Verizon Communications Inc. | New | 0.07% | +0.07 |
| VLO Valero Energy Corp. | New | 0.07% | +0.07 |
| AXP American Express Co. | Add +1.0% | 0.75% | +0.07 |
| RGLD Royal Gold Inc. | New | 0.07% | +0.07 |
| XLK SS Technology Select Sector | New | 0.07% | +0.07 |
| CL Colgate-Palmolive Co. | New | 0.07% | +0.07 |
| B Barrick Mining Corp. | New | 0.06% | +0.06 |
| CSCO Cisco Systems Inc. | Add +6.8% | 0.42% | +0.06 |
| SCCO Southern Copper Corp. | New | 0.06% | +0.06 |
| ACN Accenture PLC Class A | Add +8.3% | 0.43% | +0.06 |
| NEM Newmont Corp. | New | 0.06% | +0.06 |
| AMAT Applied Materials Inc. | Add +7.5% | 0.23% | +0.06 |
| TGT Target Corp. | Add +27.2% | 0.20% | +0.05 |
| AMD Advanced Micro Devices | Add +6.1% | 0.19% | +0.05 |
| NPSNY Naspers Ltd.-N SHS Spon ADR | New | 0.05% | +0.05 |
| GS Goldman Sachs Group Inc. | Add +11.8% | 0.28% | +0.05 |
| CRM Salesforce Inc. | Add +0.3% | 0.55% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +61.7% | 0.12% | +0.05 |
| EFA iShares MSCI Eafe ETF | Add +31.5% | 0.18% | +0.04 |
| SAN Banco Santander SA-Spon ADR | New | 0.04% | +0.04 |
| CB Chubb Ltd. | Add +6.3% | 0.30% | +0.04 |
| LRCX Lam Research Corp. | Add +17.6% | 0.12% | +0.04 |
| DHR Danaher Corp. | Add +9.6% | 0.19% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | Add +4.1% | 0.19% | +0.03 |
| MS Morgan Stanley | Add +2.5% | 0.32% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 256 | $332.4M | AAPL, VTI, SPY, DFAU, GOOGL |
| Q1 2026 | 245 | $291.5M | AAPL, VTI, SPY, DFAU, IEFA |
| Q4 2025 | 253 | $307.0M | AAPL, VTI, SPY, MSFT, DFAU |
| Q3 2025 | 235 | $299.3M | AAPL, VTI, MSFT, SPY, NVDA |
| Q2 2025 | 227 | $272.6M | VTI, MSFT, AAPL, SPY, IEFA |
| Q1 2025 | 217 | $256.6M | AAPL, VTI, SPY, MSFT, MDY |
| Q4 2024 | 213 | $262.0M | AAPL, VTI, MSFT, SPY, MDY |
| Q3 2024 | 210 | $232.3M | VTI, AAPL, SPY, IEFA, MSFT |
| Q2 2024 | 198 | $215.3M | VTI, MSFT, SPY, IEFA, AAPL |
| Q1 2024 | 200 | $204.6M | VTI, IEFA, SPY, MSFT, MDY |