Cascade Financial Partners, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Cascade Financial Partners, LLC reported 259 stock positions worth $831.9 million. Its top holding was Eli Lilly (LLY) at 22.1% of the portfolio, followed by Apple (AAPL, 5.0%) and Vanguard Ftse Developed ETF (VEA, 4.4%). Compared with Q1 2025, it opened 26 new positions, sold out of 8, added to 89 and reduced 77. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +2%) and the biggest sale Vanguard Total Bond Market (BND, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0002021208
- Portfolio Value
- $831.9M (Q2 2025)
- SEC Filing
- 0002021208-25-000008 ↗ filed Aug 7, 2025
Holdings Value
Holdings 259 stocks · $831.9M
| LLY Eli Lilly & Co. | 22.12% | 236,056 | $184.0M | Add +0.5% |
| AAPL Apple Inc. | 5.01% | 203,185 | $41.7M | Add +4.3% |
| VEA Vanguard Ftse Developed ETF | 4.43% | 646,133 | $36.8M | Add +1.9% |
| IVV iShares Core S&P 500 ETF | 3.67% | 49,205 | $30.6M | Reduce -2.4% |
| PEP Pepsico Inc. | 2.37% | 149,431 | $19.7M | Add +0.1% |
| RVTY Revvity Inc. | 2.17% | 186,671 | $18.1M | No change |
| AMZN Amazon.com Inc. | 1.89% | 71,570 | $15.7M | Add +2.4% |
| IEMG iShares Core MSCI Emerging | 1.88% | 261,093 | $15.7M | Reduce -4.1% |
| VTI VG Morningstar TS MKT ETF-US | 1.85% | 50,663 | $15.4M | Reduce -7.8% |
| NVDA Nvidia Corp. | 1.71% | 90,160 | $14.2M | Reduce -1.9% |
| DOL Wisdomtree TR DVLP Intnl-Usd | 1.56% | 217,743 | $13.0M | Add +0.7% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 1.53% | 34,707 | $12.7M | Add +5.9% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.48% | 226,236 | $12.3M | Add +11.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 1.41% | 290,232 | $11.8M | Add +3.3% |
| MSFT Microsoft Corp. | 1.37% | 22,935 | $11.4M | Add +0.7% |
| SPEM State Street SP PTF Em ETF | 1.14% | 221,212 | $9.5M | Add +16.5% |
| VIG Vanguard Dividend Apprec ETF | 1.11% | 45,225 | $9.3M | Add +0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.98% | 16,804 | $8.2M | Reduce -0.0% |
| SHY iShares 1-3 Year Treasury Bo | 0.96% | 96,035 | $8.0M | Add +3.5% |
| VYM Vanguard High DVD Yield ETF | 0.94% | 58,790 | $7.8M | Reduce -8.2% |
| DGS Wisdomtree Em Small Cap | 0.89% | 133,453 | $7.4M | Reduce -3.6% |
| STIP iShares 0-5 Year Tips Bond E | 0.88% | 71,513 | $7.4M | Add +29.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.86% | 146,601 | $7.2M | Add +5.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.84% | 25,049 | $7.0M | Add +3.0% |
| TSLA Tesla Inc. | 0.83% | 21,727 | $6.9M | Reduce -7.0% |
| DEM Wisdomtree Emerging Markets | 0.78% | 143,904 | $6.5M | Reduce 0.0% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.74% | 21,719 | $6.2M | Reduce -0.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.73% | 11,883 | $6.1M | No change |
| BNL Broadstone Net Lease Inc. | 0.72% | 371,261 | $6.0M | Reduce -1.1% |
| PAVE Global X US Infrastructure | 0.66% | 126,329 | $5.5M | Add +6.8% |
| META Meta Platforms Inc. Class A | 0.66% | 7,452 | $5.5M | Add +2.3% |
| DGRO iShares Core Dividend Growth | 0.65% | 84,983 | $5.4M | Add +5.2% |
| DES Wisdomtree US Smallcap Divid | 0.64% | 168,108 | $5.3M | Reduce -2.0% |
| MLPA Global X MLP ETF | 0.63% | 103,636 | $5.2M | Reduce -2.4% |
| SCZ iShares MSCI Eafe Small-Cap | 0.56% | 64,067 | $4.7M | Add +2.0% |
| DON Wisdomtree US Midcap Dividen | 0.53% | 88,710 | $4.4M | Reduce -4.2% |
| IDEV iShares Core MSCI Dev MKTS | 0.53% | 57,618 | $4.4M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.53% | 6 | $4.4M | No change |
| REGL Prshrs S&P Mid 400 DVD Arist | 0.52% | 53,525 | $4.4M | Reduce -2.6% |
| AVES Avantis Emerging Markets Val | 0.50% | 78,104 | $4.2M | Add +2.6% |
| IEI iShares 3-7 Year Treasury Bo | 0.50% | 34,844 | $4.1M | Add +29.6% |
| AVUV Avantis US Small Cap Value | 0.49% | 44,467 | $4.1M | Reduce -6.5% |
| AIRR First Trust Rba American Ind | 0.47% | 48,482 | $3.9M | Add +8.1% |
| VFH Vanguard Financials ETF | 0.47% | 30,569 | $3.9M | Reduce -4.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.44% | 16,058 | $3.6M | Reduce -0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.44% | 5,876 | $3.6M | Reduce -9.2% |
| DFAS Dimensional US Small Cap ETF | 0.43% | 56,656 | $3.6M | Reduce -4.3% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.43% | 119,109 | $3.6M | Add +0.0% |
| MUB iShares National Muni Bond E | 0.43% | 34,247 | $3.6M | Reduce -13.6% |
| GOOGL Alphabet Inc. Class A | 0.41% | 19,267 | $3.4M | Reduce -4.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.40% | 5,990 | $3.3M | Reduce -8.8% |
| VNQ Vanguard Real Estate ETF | 0.39% | 36,628 | $3.3M | Reduce -8.5% |
| AIQ Global X Art Intel & Tech | 0.39% | 74,649 | $3.3M | Add +9.7% |
| EFA iShares MSCI Eafe ETF | 0.38% | 35,643 | $3.2M | Add +53.0% |
| GOOG Alphabet Inc. Class C | 0.37% | 17,495 | $3.1M | Add +8.7% |
| SUB iShares Short-Term National | 0.37% | 28,812 | $3.1M | Add +4.8% |
| NYF iShares New York Muni Bond E | 0.36% | 58,225 | $3.0M | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.35% | 17,859 | $2.9M | Add +2.6% |
| VCIT Vanguard Int-Term Corporate | 0.35% | 34,703 | $2.9M | Reduce -18.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.34% | 30,924 | $2.8M | Add +11.5% |
| AVDE Avantis International Equity | 0.33% | 37,323 | $2.8M | No change |
| AVDV Avantis Intl S/C Value ETF | 0.33% | 34,483 | $2.7M | Add +14.9% |
| ITOT iShares Core S&P Total U.S. | 0.32% | 19,471 | $2.6M | Add +0.1% |
| AVLV Avantis US Large Cap Value | 0.31% | 38,307 | $2.6M | Reduce -6.9% |
| BND Vanguard Total Bond Market | 0.31% | 35,312 | $2.6M | Reduce -30.5% |
| ESGU iShares ESG Aware MSCI USA | 0.31% | 18,884 | $2.6M | No change |
| AMLP Alerian MLP ETF | 0.31% | 52,021 | $2.5M | No change |
| ITW Illinois Tool Works | 0.30% | 10,241 | $2.5M | No change |
| PGX Invesco Preferred ETF | 0.27% | 203,478 | $2.3M | Reduce -18.1% |
| IWF iShares Russell 1000 Growth | 0.27% | 5,297 | $2.2M | Add +20.5% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.27% | 51,821 | $2.2M | Add +13.0% |
| DGRW Wisdomtree U.S. Quality Divi | 0.26% | 26,210 | $2.2M | Add +7.0% |
| SPSB SS SPDR P St C Corp. ETF | 0.26% | 71,807 | $2.2M | Add +16.2% |
| IDV iShares International Select | 0.26% | 61,923 | $2.1M | Add +0.9% |
| DVY iShares Select Dividend ETF | 0.25% | 15,883 | $2.1M | No change |
| MOAT Vaneck Morningstar Wide Moat | 0.25% | 22,445 | $2.1M | No change |
| FLOT iShares Floating Rate Bond E | 0.25% | 41,192 | $2.1M | Reduce -10.2% |
| EWX State Street SPDR S&P Emergi | 0.25% | 33,645 | $2.1M | Add +34.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.24% | 24,374 | $2.0M | Reduce -4.0% |
| COST Costco Wholesale Corp. | 0.24% | 2,018 | $2.0M | Add +10.3% |
| SCHH Schwab US REIT ETF | 0.24% | 93,169 | $2.0M | Reduce -2.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.23% | 6,568 | $1.9M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.23% | 38,807 | $1.9M | Add +0.8% |
| DFAT Dimensional US Target Value | 0.23% | 35,159 | $1.9M | Reduce -8.8% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.22% | 25,204 | $1.8M | Reduce -0.3% |
| NEE Nextera Energy Inc. | 0.19% | 23,088 | $1.6M | Reduce -0.8% |
| VOO Vanguard S&P 500 ETF | 0.19% | 2,750 | $1.6M | Reduce -8.2% |
| TXN Texas Instruments Inc. | 0.18% | 7,033 | $1.5M | No change |
| DLN Wisdomtree US Largecap Divid | 0.17% | 17,369 | $1.4M | Add +1.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.17% | 5,894 | $1.4M | Add +3.4% |
| AFL Aflac Inc. | 0.17% | 13,152 | $1.4M | Reduce -1.5% |
| AGG iShares Core U.S. Aggregate | 0.16% | 13,790 | $1.4M | Reduce -8.8% |
| MA Mastercard Inc. Class A | 0.16% | 2,356 | $1.3M | No change |
| AVGO Broadcom Inc. | 0.16% | 4,785 | $1.3M | Add +3.7% |
| GLD SPDR Gold Shares | 0.16% | 4,291 | $1.3M | Add +2.1% |
| JNJ Johnson & Johnson | 0.16% | 8,548 | $1.3M | Add +0.9% |
| VXF Vanguard Extended Market ETF | 0.16% | 6,722 | $1.3M | Reduce -11.4% |
| TM Toyota Motor Corp. -Spon ADR | 0.15% | 7,430 | $1.3M | No change |
| MRK Merck & Co. Inc. | 0.15% | 15,569 | $1.2M | Add +0.7% |
| EPD Enterprise Products Partners | 0.14% | 37,485 | $1.2M | Add +2.6% |
Portfolio Sells Q1 2025 → Q2 2025
| BND Vanguard Total Bond Market | Reduce -30.5% | 0.31% | −0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.0% | 0.98% | −0.15 |
| VYM Vanguard High DVD Yield ETF | Reduce -8.2% | 0.94% | −0.10 |
| MUB iShares National Muni Bond E | Reduce -13.6% | 0.43% | −0.10 |
| VCIT Vanguard Int-Term Corporate | Reduce -18.9% | 0.35% | −0.10 |
| BNL Broadstone Net Lease Inc. | Reduce -1.1% | 0.72% | −0.09 |
| MLPA Global X MLP ETF | Reduce -2.4% | 0.63% | −0.09 |
| PGX Invesco Preferred ETF | Reduce -18.1% | 0.27% | −0.08 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.07 |
| VNQ Vanguard Real Estate ETF | Reduce -8.5% | 0.39% | −0.06 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -7.8% | 1.85% | −0.05 |
| MYE Myers Industries Inc. | Sold out | 0.00% | −0.05 |
| DES Wisdomtree US Smallcap Divid | Reduce -2.0% | 0.64% | −0.05 |
| DON Wisdomtree US Midcap Dividen | Reduce -4.2% | 0.53% | −0.04 |
| FLOT iShares Floating Rate Bond E | Reduce -10.2% | 0.25% | −0.04 |
| INTC Intel Corp. | Sold out | 0.00% | −0.04 |
| AVUV Avantis US Small Cap Value | Reduce -6.5% | 0.49% | −0.04 |
| REGL Prshrs S&P Mid 400 DVD Arist | Reduce -2.6% | 0.52% | −0.03 |
| IWC iShares Micro-Cap ETF | Sold out | 0.00% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -9.4% | 0.03% | −0.03 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.03 |
| SCHD Schwab US DVD Equity ETF | Reduce -28.7% | 0.05% | −0.03 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.03 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.03 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.03 |
| PANW Palo Alto Networks Inc. | Reduce -53.8% | 0.03% | −0.02 |
| AVLV Avantis US Large Cap Value | Reduce -6.9% | 0.31% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -8.8% | 0.16% | −0.02 |
| DFAT Dimensional US Target Value | Reduce -8.8% | 0.23% | −0.02 |
| SCHH Schwab US REIT ETF | Reduce -2.0% | 0.24% | −0.02 |
| AFL Aflac Inc. | Reduce -1.5% | 0.17% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -9.2% | 0.44% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -36.1% | 0.04% | −0.02 |
| PGR Progressive Corp. | Reduce -29.1% | 0.03% | −0.02 |
| XLRE SS Real Estate Select Sector | Reduce -10.2% | 0.09% | −0.02 |
| ONEY SS SPDR R1000 Yield Foc ETF | Reduce -29.9% | 0.03% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -13.1% | 0.13% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -0.8% | 0.19% | −0.02 |
| HD Home Depot Inc. | Reduce -4.0% | 0.14% | −0.01 |
| DFAS Dimensional US Small Cap ETF | Reduce -4.3% | 0.43% | −0.01 |
| VFH Vanguard Financials ETF | Reduce -4.0% | 0.47% | −0.01 |
| ACN Accenture PLC Class A | Reduce -1.0% | 0.11% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -12.3% | 0.09% | −0.01 |
| PSCH Invesco S&P Smallcap Health | Reduce -1.0% | 0.07% | −0.01 |
| VXF Vanguard Extended Market ETF | Reduce -11.4% | 0.16% | −0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -23.5% | 0.03% | −0.01 |
| PFE Pfizer Inc. | Reduce -0.6% | 0.08% | −0.01 |
| UPS United Parcel Service Class B | Reduce -5.6% | 0.04% | −0.01 |
| EPI Wisdomtree India Earnings | Reduce -10.1% | 0.09% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -10.1% | 0.06% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| VEA Vanguard Ftse Developed ETF | Add +1.9% | 4.43% | +0.37 |
| MSFT Microsoft Corp. | Add +0.7% | 1.37% | +0.29 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +5.9% | 1.53% | +0.25 |
| AMZN Amazon.com Inc. | Add +2.4% | 1.89% | +0.21 |
| SPEM State Street SP PTF Em ETF | Add +16.5% | 1.14% | +0.19 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +11.4% | 1.48% | +0.17 |
| STIP iShares 0-5 Year Tips Bond E | Add +29.5% | 0.88% | +0.16 |
| EFA iShares MSCI Eafe ETF | Add +53.0% | 0.38% | +0.14 |
| META Meta Platforms Inc. Class A | Add +2.3% | 0.66% | +0.13 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +3.3% | 1.41% | +0.12 |
| PAVE Global X US Infrastructure | Add +6.8% | 0.66% | +0.10 |
| IEI iShares 3-7 Year Treasury Bo | Add +29.6% | 0.50% | +0.10 |
| AIRR First Trust Rba American Ind | Add +8.1% | 0.47% | +0.09 |
| AIQ Global X Art Intel & Tech | Add +9.7% | 0.39% | +0.08 |
| IYF iShares US Financials ETF | New | 0.07% | +0.07 |
| EWX State Street SPDR S&P Emergi | Add +34.3% | 0.25% | +0.07 |
| CGBD Carlyle Secured Lending Inc. | New | 0.07% | +0.07 |
| IUSV iShares Core S&P U.S. Value | New | 0.07% | +0.07 |
| IWF iShares Russell 1000 Growth | Add +20.5% | 0.27% | +0.07 |
| IWN iShares Russell 2000 Value E | Add +249.9% | 0.10% | +0.07 |
| ISHG iShares -3 Year Internationa | New | 0.07% | +0.07 |
| AVDV Avantis Intl S/C Value ETF | Add +14.9% | 0.33% | +0.06 |
| XLF SS Financial Select Sector | New | 0.06% | +0.06 |
| AVGO Broadcom Inc. | Add +3.7% | 0.16% | +0.06 |
| DOL Wisdomtree TR DVLP Intnl-Usd | Add +0.7% | 1.56% | +0.06 |
| SCZ iShares MSCI Eafe Small-Cap | Add +2.0% | 0.56% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +8.7% | 0.37% | +0.06 |
| AVES Avantis Emerging Markets Val | Add +2.6% | 0.50% | +0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +3.0% | 0.84% | +0.05 |
| EEMS iShares MSCI Emerging MKT SM | New | 0.05% | +0.05 |
| SHM SS SPDR N Ice St Muni ETF | New | 0.04% | +0.04 |
| IXP iShares Global Comm Services | New | 0.04% | +0.04 |
| PREF Pri Spe Pre Sec Acti-Usd Inc. | New | 0.04% | +0.04 |
| IFRA iShares US Infrastructure | Add +60.1% | 0.10% | +0.04 |
| DFEM Dimensional Emrg MRKT Core | New | 0.04% | +0.04 |
| NFLX Netflix Inc. | Add +2.0% | 0.12% | +0.03 |
| NKE Nike Inc. Class B | New | 0.03% | +0.03 |
| ORCL Oracle Corp. | New | 0.03% | +0.03 |
| FINX Global X Fintech ETF | New | 0.03% | +0.03 |
| SOXX iShares Semiconductor ETF | New | 0.03% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +14.2% | 0.13% | +0.03 |
| BKNG Booking Holdings Inc. | New | 0.03% | +0.03 |
| NSC Norfolk Southern Corp. | New | 0.03% | +0.03 |
| EXEL Exelixis Inc. | New | 0.03% | +0.03 |
| AMAT Applied Materials Inc. | New | 0.03% | +0.03 |
| SPSB SS SPDR P St C Corp. ETF | Add +16.2% | 0.26% | +0.03 |
| WTAI Wisdomtree AI and Innovation | Add +5.8% | 0.11% | +0.03 |
| CARR Carrier Global Corp. | New | 0.03% | +0.03 |
| ILMN Illumina Inc. | New | 0.03% | +0.03 |
| ETN Eaton Corp. PLC | New | 0.03% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 279 | $1.2B | LLY, AAPL, VEA, IVV, DOL |
| Q1 2026 | 263 | $970.2M | LLY, AAPL, VEA, IVV, PEP |
| Q4 2025 | 271 | $986.5M | LLY, AAPL, VEA, IVV, PEP |
| Q3 2025 | 261 | $872.3M | LLY, AAPL, VEA, IVV, PEP |
| Q2 2025 | 259 | $831.9M | LLY, AAPL, VEA, IVV, PEP |
| Q1 2025 | 241 | $793.2M | LLY, AAPL, VEA, IVV, PEP |
| Q4 2024 | 247 | $767.4M | LLY, AAPL, VEA, IVV, PEP |
| Q3 2024 | 238 | $797.9M | LLY, AAPL, VEA, IVV, PEP |
| Q2 2024 | 233 | $760.6M | LLY, AAPL, VEA, IVV, PEP |
| Q1 2024 | 224 | $694.1M | LLY, AAPL, VEA, IVV, PEP |