Cascades Capital Asset Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Cascades Capital Asset Management, LLC reported 139 stock positions worth $181.2 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 11.7% of the portfolio, followed by Vanguard Dividend Apprec ETF (VIG, 8.0%) and Vanguard S&P 500 Value ETF (VOOV, 8.0%). Compared with Q4 2024, it opened 41 new positions, sold out of 4, added to 43 and reduced 36. The biggest buy was Vanguard Dividend Apprec ETF (VIG, shares +9%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- GREENSBORO, NC
- CIK
- 0002035512
- Portfolio Value
- $181.2M (Q1 2025)
- SEC Filing
- 0001398344-25-009590 ↗ filed May 15, 2025
Holdings Value
Holdings 139 stocks · $181.2M
| VOO Vanguard S&P 500 ETF | 11.68% | 41,192 | $21.2M | Reduce -7.2% |
| VIG Vanguard Dividend Apprec ETF | 8.01% | 74,864 | $14.5M | Add +9.4% |
| VOOV Vanguard S&P 500 Value ETF | 8.00% | 78,753 | $14.5M | Reduce -9.6% |
| AAPL Apple Inc. | 5.72% | 46,658 | $10.4M | Reduce -0.8% |
| MSFT Microsoft Corp. | 5.70% | 27,525 | $10.3M | Reduce -2.5% |
| USFR Wisdomtree Floating Rate Tre | 3.48% | 125,444 | $6.3M | Add +10.0% |
| NVDA Nvidia Corp. | 3.47% | 58,067 | $6.3M | Reduce -5.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.90% | 14,195 | $5.3M | Reduce -1.0% |
| DGRW Wisdomtree U.S. Quality Divi | 2.90% | 65,842 | $5.3M | Add +8.3% |
| UNH Unitedhealth Group Inc. | 2.31% | 8,006 | $4.2M | Reduce -2.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.27% | 15,935 | $4.1M | Reduce -2.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.12% | 6,857 | $3.8M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 1.67% | 19,522 | $3.0M | Add +21.1% |
| IEI iShares 3-7 Year Treasury Bo | 1.62% | 24,828 | $2.9M | Add +20.4% |
| PSFF Pacer Swan Sos Fund of Funds | 1.27% | 80,840 | $2.3M | Reduce -3.1% |
| META Meta Platforms Inc. Class A | 1.25% | 3,938 | $2.3M | Reduce -2.9% |
| MCD McDonald's Corp. | 1.21% | 7,002 | $2.2M | Reduce -3.5% |
| V Visa Inc. Class A | 1.20% | 6,207 | $2.2M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.17% | 3,982 | $2.1M | Add +25.5% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 1.16% | 89,116 | $2.1M | Add +1.9% |
| LLY Eli Lilly & Co. | 1.16% | 2,536 | $2.1M | Reduce -3.1% |
| FDS Factset Research Systems Inc. | 1.09% | 4,336 | $2.0M | Reduce -1.0% |
| POWERSHARES | 1.01% | 3,916 | $1.8M | Reduce -13.5% |
| XOM Exxon Mobil Corp. | 0.97% | 14,786 | $1.8M | Reduce -2.5% |
| HD Home Depot Inc. | 0.93% | 4,617 | $1.7M | Reduce -1.4% |
| SCHI Schwab 5-10 Year Corporate B | 0.91% | 73,220 | $1.6M | Add +5.0% |
| FBNC First Bancorp | 0.82% | 36,974 | $1.5M | Reduce -1.3% |
| JPM JPMorgan Chase & Co. | 0.71% | 5,258 | $1.3M | Add +3.2% |
| ABBV Abbvie Inc. | 0.66% | 5,707 | $1.2M | Reduce -3.9% |
| LMT Lockheed Martin Corp. | 0.65% | 2,652 | $1.2M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 0.65% | 6,189 | $1.2M | Add +2.7% |
| USMV iShares MSCI USA Min Vol Fac | 0.63% | 12,151 | $1.1M | Add +158.5% |
| LRGE Clearbridge Large Cap Growth | 0.61% | 15,821 | $1.1M | No change |
| DUK Duke Energy Corp. | 0.56% | 8,331 | $1.0M | Add +2.1% |
| LOW Lowe's Cos Inc. | 0.48% | 3,744 | $873K | Add +0.0% |
| JEPI JPMorgan Equity Premium Inco | 0.47% | 14,892 | $851K | Add +62.7% |
| RTN.A Raytheon Co. Class A | 0.45% | 6,221 | $824K | New |
| DGRO iShares Core Dividend Growth | 0.43% | 12,662 | $782K | Reduce -3.6% |
| CAT Caterpillar Inc. | 0.41% | 2,255 | $744K | Add +0.3% |
| XLE SS Energy Select Sector | 0.41% | 7,925 | $741K | Add +2.7% |
| IGV iShares Expanded Tech-Softwa | 0.41% | 8,299 | $739K | Reduce -7.4% |
| VGT Vanguard Info Tech ETF | 0.37% | 1,240 | $672K | Add +0.9% |
| GDX Market Vectors Semiconductor | 0.37% | 3,163 | $669K | Reduce -25.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 15,963 | $666K | Add +13.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.37% | 5,463 | $665K | Add +1.3% |
| AMGN Amgen Inc. | 0.36% | 2,114 | $659K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.36% | 1,843 | $650K | Reduce -18.9% |
| GLD SPDR Gold Shares | 0.34% | 2,160 | $622K | Add +140.0% |
| CRM Salesforce Inc. | 0.34% | 2,303 | $618K | Add +0.0% |
| WM Waste Management Inc. | 0.34% | 2,660 | $616K | Add +0.1% |
| WMT Walmart Inc. | 0.31% | 6,414 | $563K | Add +23.4% |
| RSP Guggenheim S&P 500 Equal Wei | 0.30% | 3,158 | $547K | Add +0.4% |
| JNJ Johnson & Johnson | 0.30% | 3,247 | $538K | Add +0.3% |
| PANW Palo Alto Networks Inc. | 0.30% | 3,141 | $536K | Reduce -15.7% |
| AUB Atlantic Union Bankshares Co. | 0.29% | 16,772 | $522K | No change |
| PH Parker Hannifin Corp. | 0.28% | 845 | $514K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.28% | 3,077 | $511K | Reduce -23.0% |
| CSCO Cisco Systems Inc. | 0.27% | 7,811 | $482K | Reduce -3.0% |
| PAYX Paychex Inc. | 0.25% | 2,975 | $459K | Add +0.6% |
| SCHD Schwab US DVD Equity ETF | 0.25% | 16,350 | $457K | New |
| FCX Freeport-McMoran Inc. | 0.25% | 11,856 | $449K | Add +2.1% |
| MDT Medtronic Inc | 0.24% | 4,904 | $441K | Reduce -4.6% |
| PEP Pepsico Inc. | 0.24% | 2,919 | $438K | Reduce -28.9% |
| SYK Stryker Corp. | 0.23% | 1,130 | $421K | No change |
| NFLX Netflix Inc. | 0.22% | 430 | $401K | Reduce -0.5% |
| XLF SS Financial Select Sector | 0.22% | 8,025 | $400K | New |
| MKL Markel Group Inc. | 0.22% | 211 | $394K | No change |
| COST Costco Wholesale Corp. | 0.21% | 404 | $382K | Add +6.0% |
| GE General Electric Company | 0.21% | 1,903 | $381K | No change |
| GRMN Garmin Ltd. | 0.21% | 1,721 | $374K | No change |
| ADBE Adobe Inc. | 0.20% | 962 | $369K | Add +5.5% |
| FDX FedEx Corp. | 0.20% | 1,508 | $368K | Add +3.0% |
| TSLA Tesla Inc. | 0.20% | 1,413 | $366K | Add +1.5% |
| CHD Church & Dwight Co. Inc. | 0.20% | 3,318 | $365K | No change |
| XLI SS Industrial Select Sector | 0.19% | 2,646 | $347K | Add +32.2% |
| CMCSA Comcast Corp. Class A | 0.19% | 9,208 | $340K | Reduce -2.4% |
| ROP Roper Technologies Inc. | 0.19% | 569 | $335K | No change |
| PG The Procter & Gamble Co. | 0.18% | 1,936 | $330K | Add +0.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.18% | 4,100 | $324K | New |
| MO Altria Group Inc. | 0.18% | 5,293 | $318K | Add +8.7% |
| GMAR FT Vest US Equity Moderate B | 0.17% | 8,400 | $312K | New |
| ORCL Oracle Corp. | 0.17% | 2,223 | $311K | Reduce -19.2% |
| VZ Verizon Communications Inc. | 0.17% | 6,657 | $302K | Add +3.1% |
| CVX Chevron Corp. | 0.17% | 1,797 | $301K | Reduce -6.1% |
| NUE Nucor Corp. | 0.16% | 2,475 | $298K | Add +0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.16% | 1,177 | $293K | Add +0.9% |
| UNP Union Pacific Corp. | 0.16% | 1,231 | $291K | Reduce -18.9% |
| PSCX Pacer Swan Sos Conservative | 0.16% | 10,600 | $288K | New |
| BKNG Booking Holdings Inc. | 0.16% | 62 | $286K | No change |
| COWG Pacer US LRG Cap Cows GR LD | 0.16% | 9,215 | $284K | New |
| INTC Intel Corp. | 0.16% | 12,407 | $282K | No change |
| FISV Fiserv Inc. | 0.15% | 1,250 | $276K | No change |
| TCHP T Rowe Price Blue Chip Growt | 0.14% | 6,845 | $261K | No change |
| GS Goldman Sachs Group Inc. | 0.14% | 476 | $260K | New |
| SLV iShares Silver Trust | 0.14% | 8,250 | $256K | New |
| MRK Merck & Co. Inc. | 0.14% | 2,843 | $255K | Reduce -25.9% |
| TFC Truist Financial Corp. | 0.13% | 5,929 | $244K | Add +26.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.13% | 2,310 | $228K | Add +0.2% |
| TSCO Tractor Supply Company | 0.12% | 4,107 | $226K | Add +2.2% |
| ABT Abbott Laboratories | 0.12% | 1,680 | $223K | New |
Other holdings (3): bonds, preferreds, convertibles and warrants · $3.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| JPMORGAN CHASE & CO (JPM 6 PERP EE) | Common Stock | 62,481 | $1.6M | Reduce -0.5% |
| BANK OF AMERICA CORP (BAC 6 PERP GG) | PFD | 60,337 | $1.5M | Reduce -2.6% |
| US BANCORP (USB 4.5 PERP O) | Common Stock | 34,807 | $666K | Reduce -3.1% |
Total filed on the 13F, all lines: $185.0M.
Portfolio Sells Q4 2024 → Q1 2025
| VOO Vanguard S&P 500 ETF | Reduce -7.2% | 11.68% | −1.41 |
| NVDA Nvidia Corp. | Reduce -5.1% | 3.47% | −1.02 |
| MSFT Microsoft Corp. | Reduce -2.5% | 5.70% | −0.81 |
| VOOV Vanguard S&P 500 Value ETF | Reduce -9.6% | 8.00% | −0.79 |
| AAPL Apple Inc. | Reduce -0.8% | 5.72% | −0.73 |
| RTX RTX Corp. | Sold out | 0.00% | −0.39 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.0% | 2.90% | −0.32 |
| POWERSHARES | Reduce -13.5% | 1.01% | −0.25 |
| Bitcoin Investment Ord | Sold out | 0.00% | −0.21 |
| GDX Market Vectors Semiconductor | Reduce -25.9% | 0.37% | −0.20 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.15 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -23.0% | 0.28% | −0.15 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.14 |
| PEP Pepsico Inc. | Reduce -28.9% | 0.24% | −0.10 |
| PLTR Palantir Technologies Inc. Class A | Reduce -61.0% | 0.07% | −0.09 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -2.4% | 2.27% | −0.09 |
| IGV iShares Expanded Tech-Softwa | Reduce -7.4% | 0.41% | −0.08 |
| FBNC First Bancorp | Reduce -1.3% | 0.82% | −0.08 |
| ORCL Oracle Corp. | Reduce -19.2% | 0.17% | −0.08 |
| AVGO Broadcom Inc. | Reduce -28.0% | 0.08% | −0.08 |
| PANW Palo Alto Networks Inc. | Reduce -15.7% | 0.30% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -25.9% | 0.14% | −0.07 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -18.9% | 0.36% | −0.07 |
| PSFF Pacer Swan Sos Fund of Funds | Reduce -3.1% | 1.27% | −0.06 |
| HD Home Depot Inc. | Reduce -1.4% | 0.93% | −0.06 |
| FDS Factset Research Systems Inc. | Reduce -1.0% | 1.09% | −0.06 |
| LMT Lockheed Martin Corp. | Reduce -1.6% | 0.65% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -2.9% | 1.25% | −0.05 |
| UNP Union Pacific Corp. | Reduce -18.9% | 0.16% | −0.03 |
| DGRO iShares Core Dividend Growth | Reduce -3.6% | 0.43% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -2.4% | 0.19% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -3.0% | 0.27% | +0.01 |
| NFLX Netflix Inc. | Reduce -0.5% | 0.22% | +0.01 |
| CVX Chevron Corp. | Reduce -6.1% | 0.17% | +0.01 |
| MDT Medtronic Inc | Reduce -4.6% | 0.24% | +0.02 |
| UNH Unitedhealth Group Inc. | Reduce -2.6% | 2.31% | +0.04 |
| LLY Eli Lilly & Co. | Reduce -3.1% | 1.16% | +0.05 |
| MCD McDonald's Corp. | Reduce -3.5% | 1.21% | +0.06 |
| XOM Exxon Mobil Corp. | Reduce -2.5% | 0.97% | +0.08 |
| ABBV Abbvie Inc. | Reduce -3.9% | 0.66% | +0.08 |
Portfolio Buys Q4 2024 → Q1 2025
| VIG Vanguard Dividend Apprec ETF | Add +9.4% | 8.01% | +0.68 |
| RTN.A Raytheon Co. Class A | New | 0.45% | +0.45 |
| USMV iShares MSCI USA Min Vol Fac | Add +158.5% | 0.63% | +0.40 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +25.5% | 1.17% | +0.38 |
| USFR Wisdomtree Floating Rate Tre | Add +10.0% | 3.48% | +0.35 |
| IEI iShares 3-7 Year Treasury Bo | Add +20.4% | 1.62% | +0.31 |
| SCHD Schwab US DVD Equity ETF | New | 0.25% | +0.25 |
| GLD SPDR Gold Shares | Add +140.0% | 0.34% | +0.22 |
| XLF SS Financial Select Sector | New | 0.22% | +0.22 |
| DGRW Wisdomtree U.S. Quality Divi | Add +8.3% | 2.90% | +0.21 |
| JEPI JPMorgan Equity Premium Inco | Add +62.7% | 0.47% | +0.18 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.18% | +0.18 |
| GMAR FT Vest US Equity Moderate B | New | 0.17% | +0.17 |
| PSCX Pacer Swan Sos Conservative | New | 0.16% | +0.16 |
| COWG Pacer US LRG Cap Cows GR LD | New | 0.16% | +0.16 |
| GS Goldman Sachs Group Inc. | New | 0.14% | +0.14 |
| SLV iShares Silver Trust | New | 0.14% | +0.14 |
| V Visa Inc. Class A | Add +0.1% | 1.20% | +0.13 |
| ABT Abbott Laboratories | New | 0.12% | +0.12 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | New | 0.12% | +0.12 |
| ECL Ecolab Inc. | New | 0.12% | +0.12 |
| IDHQ Invesco S&P International DE | New | 0.10% | +0.10 |
| GLW Corning Inc. | New | 0.10% | +0.10 |
| D Dominion Energy Inc. | New | 0.10% | +0.10 |
| NVS Novartis AG-Sponsored ADR | New | 0.09% | +0.09 |
| CLS Celestica Inc. | New | 0.09% | +0.09 |
| BA The Boeing Co. | New | 0.09% | +0.09 |
| CNC Centene Corp. | New | 0.09% | +0.09 |
| PROSHARES VIX SHORT-TERM FUT | New | 0.09% | +0.09 |
| EOG EOG Resources Inc. | New | 0.09% | +0.09 |
| BADGER DAYLIGHTING LTD | New | 0.09% | +0.09 |
| NEM Newmont Corp. | New | 0.09% | +0.09 |
| LRCX Lam Research Corp. | New | 0.08% | +0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.08% | +0.08 |
| CMI Cummins Inc. | New | 0.08% | +0.08 |
| GEV GE Vernova Inc. | New | 0.08% | +0.08 |
| DUK Duke Energy Corp. | Add +2.1% | 0.56% | +0.08 |
| KO The Coca-Cola Co. | New | 0.08% | +0.08 |
| PM Philip Morris International | New | 0.07% | +0.07 |
| CCI Crown Castle Intl Corp. Com | New | 0.07% | +0.07 |
| WFC Wells Fargo & Co. | New | 0.07% | +0.07 |
| MU Micron Technology Inc. | New | 0.07% | +0.07 |
| TXN Texas Instruments Inc. | New | 0.07% | +0.07 |
| SCHI Schwab 5-10 Year Corporate B | Add +5.0% | 0.91% | +0.07 |
| LIN Linde PLC | New | 0.06% | +0.06 |
| AMD Advanced Micro Devices | New | 0.06% | +0.06 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.06% | +0.06 |
| RHHBY Roche Holdings Ltd.-Spons ADR | New | 0.06% | +0.06 |
| C Citigroup Inc. | New | 0.06% | +0.06 |
| NSRGY Nestle SA-Spons ADR | New | 0.06% | +0.06 |
Notes & Other Activity Q4 2024 → Q1 2025
| JPMORGAN CHASE & CO (JPM 6 PERP EE) | Common Stock | Reduce -0.5% | 62,481 | $1.6M |
| BANK OF AMERICA CORP (BAC 6 PERP GG) | PFD | Reduce -2.6% | 60,337 | $1.5M |
| FIRST CITIZENS BANCSHARE (FCNCA 5.625 PERP C) | Equity | Sold out | 39,675 | $890Kbefore exit |
| US BANCORP (USB 4.5 PERP O) | Common Stock | Reduce -3.1% | 34,807 | $666K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 165 | $268.3M | VIG, VOO, VOOV, VTV, AAPL |
| Q1 2026 | 156 | $235.8M | VIG, VOO, VOOV, AAPL, MSFT |
| Q4 2025 | 160 | $234.7M | VIG, VOO, VOOV, MSFT, AAPL |
| Q3 2025 | 151 | $223.7M | VOO, VIG, MSFT, VOOV, AAPL |
| Q2 2025 | 142 | $191.4M | VOO, VIG, MSFT, VOOV, AAPL |
| Q1 2025 | 139 | $181.2M | VOO, VIG, VOOV, AAPL, MSFT |
| Q4 2024 | 102 | $182.8M | VOO, VOOV, VIG, MSFT, AAPL |
| Q3 2024 | 97 | $176.6M | VOO, VOOV, VIG, MSFT, AAPL |