Cobblestone Asset Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 22, 2025), Cobblestone Asset Management LLC reported 52 stock positions worth $153.3 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 15.7% of the portfolio, followed by JPMorgan Active Bond ETF (JBND, 6.7%) and SS SPDR P S&P 500 Growth ETF (SPYG, 6.3%). Compared with Q3 2024, it opened 10 new positions, sold out of 3, added to 18 and reduced 15. The biggest buy was a new position in JPMorgan Active Bond ETF (JBND) and the biggest sale an exit from Vanguard Total Bond Market (BND).
- Most Recent 13F
- Q2 2026
- Location
- RICHMOND, VA
- CIK
- 0001994512
- Portfolio Value
- $153.3M (Q4 2024)
- SEC Filing
- 0001994512-25-000001 ↗ filed Jan 22, 2025
Holdings Value
Holdings 52 stocks · $153.3M
| IVV iShares Core S&P 500 ETF | 15.65% | 40,754 | $24.0M | Reduce -4.4% |
| JBND JPMorgan Active Bond ETF | 6.67% | 195,622 | $10.2M | New |
| SPYG SS SPDR P S&P 500 Growth ETF | 6.27% | 109,411 | $9.6M | Reduce -10.8% |
| JQUA JPMorgan US Quality Factor | 5.74% | 153,544 | $8.8M | Reduce -4.7% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 5.50% | 164,446 | $8.4M | Reduce -7.0% |
| EFV iShares MSCI Eafe Value ETF | 4.96% | 145,042 | $7.6M | Add +10.3% |
| EFG iShares MSCI Eafe Growth ETF | 4.83% | 76,428 | $7.4M | Add +16.9% |
| JEPI JPMorgan Equity Premium Inco | 4.36% | 116,226 | $6.7M | Reduce -23.4% |
| MBB iShares MBS ETF | 3.70% | 61,925 | $5.7M | Add +1.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 3.35% | 100,268 | $5.1M | Add +1.6% |
| SCHA Schwab US Small-Cap ETF | 3.08% | 182,757 | $4.7M | New |
| IBIT iShares Bitcoin Trust ETF | 2.95% | 85,255 | $4.5M | Add +0.0% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 2.90% | 78,874 | $4.4M | Reduce -29.3% |
| EMXC iShares MSCI Emr MRK Ex Chna | 2.48% | 68,669 | $3.8M | Add +8.5% |
| JPST JPMorgan Ultra-Short Income | 2.37% | 72,200 | $3.6M | Reduce -62.8% |
| BINC iShares Flex I A ETF-Usd Inc. | 2.21% | 64,993 | $3.4M | Add +0.0% |
| IYW iShares Ustechnology ETF | 2.09% | 20,071 | $3.2M | Reduce -10.3% |
| MTUM iShares MSCI USA Momentum Fa | 1.73% | 12,839 | $2.7M | New |
| VGLT Vanguard Long-Term Treasury | 1.59% | 43,933 | $2.4M | Add +7.7% |
| IWN iShares Russell 2000 Value E | 1.54% | 14,358 | $2.4M | New |
| XSMO Invesco S&P Smallcap Momentu | 1.54% | 35,627 | $2.4M | New |
| SPEM State Street SP PTF Em ETF | 1.23% | 49,072 | $1.9M | Reduce -1.2% |
| AHR American Healthcare REIT Inc. | 1.06% | 57,324 | $1.6M | Reduce -22.9% |
| AAPL Apple Inc. | 0.97% | 5,947 | $1.5M | No change |
| BMY Bristol-Myers Squibb Co. | 0.88% | 23,866 | $1.3M | No change |
| PM Philip Morris International | 0.88% | 11,191 | $1.3M | No change |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.86% | 19,149 | $1.3M | Add +5.5% |
| ETHA iShares Ethereum Trust ETF | 0.79% | 47,905 | $1.2M | Reduce -0.2% |
| IAU iShares Gold Trust | 0.77% | 23,956 | $1.2M | New |
| CSX CSX Corp. | 0.72% | 34,168 | $1.1M | Add +0.4% |
| PAVE Global X US Infrastructure | 0.62% | 23,636 | $955K | Reduce -7.5% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.54% | 12,987 | $820K | Reduce -1.1% |
| PSLV Sprott Physical Silver Trust | 0.53% | 84,695 | $817K | Add +1.3% |
| JGRO JPMorgan Active Growth ETF | 0.41% | 7,664 | $621K | Add +23.4% |
| BBAG JPMorgan Betabuilders US Agg | 0.39% | 13,363 | $604K | Reduce -5.7% |
| BBIN JPM Betabuilders Intl Eqty filed as J P MORGAN EXCHANGE TRADED F | 0.38% | 10,214 | $583K | Add +23.1% |
| GOVT iShares US Treasury Bond ETF | 0.37% | 24,459 | $562K | Reduce -2.0% |
| JVAL JPMorgan US Value Factor ETF | 0.35% | 12,480 | $539K | Add +7.8% |
| NEU Newmarket Corp. | 0.34% | 1,000 | $528K | No change |
| MO Altria Group Inc. | 0.33% | 9,791 | $512K | No change |
| PHYS Sprott Physical Gold Trust | 0.24% | 18,274 | $368K | Add +4.8% |
| GNL Global Net Lease Inc. | 0.21% | 44,668 | $326K | Add +0.3% |
| D Dominion Energy Inc. | 0.20% | 5,572 | $300K | Add +0.1% |
| MDLZ Mondelez International Inc. Class A | 0.19% | 4,982 | $298K | No change |
| BKLN Invesco Senior Loan ETF | 0.18% | 13,345 | $281K | Add +8.0% |
| ICVT iShares Convertible Bond ETF | 0.16% | 2,808 | $239K | New |
| HYDB iShares High Yield Systemati | 0.15% | 4,941 | $232K | New |
| KO The Coca-Cola Co. | 0.15% | 3,729 | $232K | No change |
| MSFT Microsoft Corp. | 0.15% | 540 | $228K | No change |
| FBTC Fidelity Wise Origin Bitcoin | 0.14% | 2,704 | $221K | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.14% | 1,000 | $220K | No change |
| AMZN Amazon.com Inc. | 0.14% | 943 | $207K | New |
Portfolio Sells Q3 2024 → Q4 2024
| BND Vanguard Total Bond Market | Sold out | 0.00% | −15.36 |
| JPST JPMorgan Ultra-Short Income | Reduce -62.8% | 2.37% | −3.55 |
| JEPI JPMorgan Equity Premium Inco | Reduce -23.4% | 4.36% | −1.07 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -29.3% | 2.90% | −0.78 |
| IGEB iShares Investment Grade SYS | Sold out | 0.00% | −0.41 |
| AHR American Healthcare REIT Inc. | Reduce -22.9% | 1.06% | −0.11 |
| SPPP Sprott Physical Platinum And | Sold out | 0.00% | −0.07 |
| BBAG JPMorgan Betabuilders US Agg | Reduce -5.7% | 0.39% | −0.01 |
| PAVE Global X US Infrastructure | Reduce -7.5% | 0.62% | −0.01 |
| SPEM State Street SP PTF Em ETF | Reduce -1.2% | 1.23% | −0.00 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -1.1% | 0.54% | +0.01 |
| GOVT iShares US Treasury Bond ETF | Reduce -2.0% | 0.37% | +0.01 |
| IYW iShares Ustechnology ETF | Reduce -10.3% | 2.09% | +0.05 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -10.8% | 6.27% | +0.16 |
| ETHA iShares Ethereum Trust ETF | Reduce -0.2% | 0.79% | +0.22 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -7.0% | 5.50% | +0.23 |
| JQUA JPMorgan US Quality Factor | Reduce -4.7% | 5.74% | +0.25 |
| IVV iShares Core S&P 500 ETF | Reduce -4.4% | 15.65% | +0.85 |
Portfolio Buys Q3 2024 → Q4 2024
| JBND JPMorgan Active Bond ETF | New | 6.67% | +6.67 |
| SCHA Schwab US Small-Cap ETF | New | 3.08% | +3.08 |
| MTUM iShares MSCI USA Momentum Fa | New | 1.73% | +1.73 |
| IWN iShares Russell 2000 Value E | New | 1.54% | +1.54 |
| XSMO Invesco S&P Smallcap Momentu | New | 1.54% | +1.54 |
| IBIT iShares Bitcoin Trust ETF | Add +0.0% | 2.95% | +1.10 |
| IAU iShares Gold Trust | New | 0.77% | +0.77 |
| EFG iShares MSCI Eafe Growth ETF | Add +16.9% | 4.83% | +0.60 |
| EFV iShares MSCI Eafe Value ETF | Add +10.3% | 4.96% | +0.41 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +1.6% | 3.35% | +0.21 |
| MBB iShares MBS ETF | Add +1.9% | 3.70% | +0.20 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +8.5% | 2.48% | +0.16 |
| ICVT iShares Convertible Bond ETF | New | 0.16% | +0.16 |
| HYDB iShares High Yield Systemati | New | 0.15% | +0.15 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.14% | +0.14 |
| AMZN Amazon.com Inc. | New | 0.14% | +0.14 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +5.5% | 0.86% | +0.12 |
| JGRO JPMorgan Active Growth ETF | Add +23.4% | 0.41% | +0.12 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +0.0% | 2.21% | +0.11 |
| VGLT Vanguard Long-Term Treasury | Add +7.7% | 1.59% | +0.08 |
| BBIN JPM Betabuilders Intl Eqty | Add +23.1% | 0.38% | +0.07 |
| JVAL JPMorgan US Value Factor ETF | Add +7.8% | 0.35% | +0.05 |
| BKLN Invesco Senior Loan ETF | Add +8.0% | 0.18% | +0.03 |
| PHYS Sprott Physical Gold Trust | Add +4.8% | 0.24% | +0.03 |
| CSX CSX Corp. | Add +0.4% | 0.72% | +0.01 |
| PSLV Sprott Physical Silver Trust | Add +1.3% | 0.53% | +0.01 |
| D Dominion Energy Inc. | Add +0.1% | 0.20% | +0.00 |
| GNL Global Net Lease Inc. | Add +0.3% | 0.21% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 74 | $239.8M | JPST, IVV, JBND, SPYG, DYNF |
| Q1 2026 | 73 | $222.4M | JPST, IVV, SPYV, SPYG, DYNF |
| Q4 2025 | 70 | $222.8M | JPST, IVV, SPYV, DYNF, SPYG |
| Q3 2025 | 74 | $218.7M | JPST, IVV, DYNF, SPYG, JQUA |
| Q2 2025 | 69 | $190.1M | JPST, IVV, JQUA, JBND, EFV |
| Q1 2025 | 61 | $171.2M | IVV, JBND, JQUA, SPYG, DYNF |
| Q4 2024 | 52 | $153.3M | IVV, JBND, SPYG, JQUA, DYNF |
| Q3 2024 | 45 | $166.3M | BND, IVV, SPYG, JPST, JQUA |
| Q2 2024 | 44 | $154.4M | IVV, BND, JPST, SPYG, JQUA |
| Q1 2024 | 44 | $147.4M | IVV, BND, JQUA, DYNF, SPYG |