Cobblestone Capital Advisors LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Cobblestone Capital Advisors LLC reported 292 stock positions worth $1.8 billion. Its top holding was iShares Core Intl Stock ETF (IXUS) at 8.6% of the portfolio, followed by iShares Core S&P Total U.S. (ITOT, 7.2%) and iShares US Treasury Bond ETF (GOVT, 6.3%). Compared with Q4 2024, it opened 15 new positions, sold out of 16, added to 78 and reduced 157. The biggest buy was a new position in iShares 7-10 Year Treasury B (IEF) and the biggest sale SS SPDR P St Term TSY ETF (SPTS, shares −88%).
- Most Recent 13F
- Q3 2025
- Location
- ROCHESTER, NY
- CIK
- 0001033505
- Portfolio Value
- $1.8B (Q1 2025)
- SEC Filing
- 0001033505-25-000003 ↗ filed May 12, 2025
Holdings Value
Holdings 292 stocks · $1.8B
| IXUS iShares Core Intl Stock ETF | 8.63% | 2,257,982 | $157.6M | Add +5.4% |
| ITOT iShares Core S&P Total U.S. | 7.16% | 1,071,289 | $130.7M | Reduce -4.5% |
| GOVT iShares US Treasury Bond ETF | 6.31% | 5,010,066 | $115.2M | Add +1.6% |
| AAPL Apple Inc. | 4.20% | 345,232 | $76.7M | Add +0.0% |
| DFAX Dimensional World Ex US Core | 3.95% | 2,749,541 | $72.0M | Add +10.9% |
| AMZN Amazon.com Inc. | 2.87% | 275,669 | $52.4M | Reduce -2.3% |
| JVAL JPMorgan US Value Factor ETF | 2.72% | 1,196,798 | $49.6M | Add +0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.68% | 91,839 | $48.9M | Add +5.1% |
| MSFT Microsoft Corp. | 2.56% | 124,708 | $46.8M | Add +0.3% |
| DMBS Doubleline Mortgage ETF | 2.53% | 942,460 | $46.2M | Add +4.3% |
| IEF iShares 7-10 Year Treasury B | 2.42% | 462,938 | $44.2M | New |
| V Visa Inc. Class A | 2.20% | 114,706 | $40.2M | Add +1.0% |
| VXF Vanguard Extended Market ETF | 2.19% | 231,707 | $39.9M | Add +1.0% |
| GOOG Alphabet Inc. Class C | 2.14% | 249,588 | $39.0M | Add +0.8% |
| IEMG iShares Core MSCI Emerging | 2.13% | 719,689 | $38.8M | Add +1.8% |
| MKL Markel Group Inc. | 2.02% | 19,768 | $37.0M | Add +1.3% |
| NVDA Nvidia Corp. | 1.86% | 314,080 | $34.0M | Add +0.6% |
| MTUM iShares MSCI USA Momentum Fa | 1.52% | 137,289 | $27.8M | Reduce -0.8% |
| MCO Moody's Corp. | 1.49% | 58,507 | $27.2M | Add +0.4% |
| VTI VG Morningstar TS MKT ETF-US | 1.46% | 97,259 | $26.7M | Reduce -0.4% |
| CPRT Copart Inc. | 1.24% | 401,106 | $22.7M | Add +2.0% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 1.23% | 122,676 | $22.4M | Add +0.7% |
| COST Costco Wholesale Corp. | 1.14% | 21,981 | $20.8M | Add +0.5% |
| RSG Republic Services Inc. | 1.13% | 85,469 | $20.7M | Add +7.5% |
| WFC Wells Fargo & Co. | 1.07% | 272,452 | $19.6M | Reduce -4.5% |
| AXP American Express Co. | 1.01% | 68,644 | $18.5M | Reduce -16.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.00% | 32,728 | $18.3M | Reduce -4.9% |
| CNI Canadian Natl Railway Co. | 0.99% | 185,809 | $18.1M | Add +14.9% |
| SCHB Schwab US Broad Market ETF | 0.99% | 836,521 | $18.0M | Reduce -7.7% |
| BN Brookfield Corp. | 0.97% | 339,043 | $17.8M | Reduce -16.1% |
| PEP Pepsico Inc. | 0.94% | 114,057 | $17.1M | Add +1.4% |
| AMT American Tower Corp. | 0.90% | 75,267 | $16.4M | Add +3.0% |
| CWI State Street SPDR MSCI Acwi | 0.81% | 501,498 | $14.8M | Reduce -2.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.79% | 18 | $14.4M | New |
| ORLY O'reilly Automotive Inc. | 0.77% | 9,765 | $14.0M | Add +8.1% |
| DEO Diageo PLC-Sponsored ADR | 0.70% | 121,243 | $12.7M | Add +5.4% |
| BNL Broadstone Net Lease Inc. | 0.69% | 738,923 | $12.6M | Reduce -14.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.69% | 102,663 | $12.5M | Reduce -19.0% |
| GOOGL Alphabet Inc. Class A | 0.63% | 74,020 | $11.4M | Add +1.8% |
| SCHX Schwab US Large-Cap ETF | 0.62% | 513,368 | $11.3M | Reduce -7.9% |
| IDXX Idexx Laboratories Inc. | 0.57% | 24,588 | $10.3M | Add +0.4% |
| JPST JPMorgan Ultra-Short Income | 0.57% | 203,854 | $10.3M | Add +18.3% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.56% | 429,272 | $10.1M | Reduce -0.9% |
| PCOR Procore Technologies Inc. | 0.53% | 147,539 | $9.7M | New |
| VOO Vanguard S&P 500 ETF | 0.53% | 18,857 | $9.7M | Add +7.3% |
| CVS CVS Health Corp. | 0.48% | 128,278 | $8.7M | Add +11.6% |
| PAYX Paychex Inc. | 0.46% | 54,361 | $8.4M | Reduce -5.8% |
| PG The Procter & Gamble Co. | 0.46% | 49,040 | $8.4M | Reduce -4.4% |
| VGIT Vanguard Intermediate-Term T | 0.34% | 103,421 | $6.1M | Add +73.3% |
| XOM Exxon Mobil Corp. | 0.31% | 47,273 | $5.6M | Reduce -2.1% |
| IWM iShares Russell 2000 ETF | 0.30% | 27,115 | $5.4M | Reduce -0.6% |
| CVX Chevron Corp. | 0.30% | 32,274 | $5.4M | Add +14.8% |
| GHM Graham Corp. | 0.30% | 187,289 | $5.4M | No change |
| SPTS SS SPDR P St Term TSY ETF | 0.29% | 181,996 | $5.3M | Reduce -88.3% |
| AGG iShares Core U.S. Aggregate | 0.29% | 53,557 | $5.3M | Add +29.8% |
| JNJ Johnson & Johnson | 0.25% | 27,155 | $4.5M | Reduce -6.2% |
| JPM JPMorgan Chase & Co. | 0.24% | 17,912 | $4.4M | Reduce -9.4% |
| SHOP Shopify Inc. Class A | 0.24% | 45,285 | $4.3M | Reduce -35.7% |
| IAU iShares Gold Trust | 0.22% | 69,642 | $4.1M | Add +0.7% |
| NFG National Fuel Gas Co. | 0.22% | 51,443 | $4.1M | No change |
| SUSA iShares ESG Optimized MSCI U | 0.21% | 33,050 | $3.8M | Reduce -10.5% |
| BND Vanguard Total Bond Market | 0.20% | 49,418 | $3.6M | Add +1.6% |
| EPD Enterprise Products Partners | 0.18% | 96,892 | $3.3M | Reduce -1.9% |
| SCHR Schwab Intermediate-Term US | 0.17% | 127,369 | $3.2M | Add +5.5% |
| MRK Merck & Co. Inc. | 0.17% | 34,308 | $3.1M | Reduce -3.9% |
| GL Globe Life Inc. | 0.16% | 22,333 | $2.9M | Add +1016.6% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.15% | 96,352 | $2.7M | Reduce -1.5% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.14% | 47,212 | $2.5M | Reduce -6.0% |
| USFR Wisdomtree Floating Rate Tre | 0.13% | 48,352 | $2.4M | Add +22.4% |
| IDEV iShares Core MSCI Dev MKTS | 0.13% | 35,275 | $2.4M | Add +4.5% |
| ET Energy Transfer LP | 0.13% | 129,880 | $2.4M | Add +0.8% |
| SCHO Schwab Short-Term US Treas | 0.13% | 99,053 | $2.4M | Reduce -9.1% |
| IVV iShares Core S&P 500 ETF | 0.13% | 4,282 | $2.4M | Add +8.7% |
| SCHA Schwab US Small-Cap ETF | 0.13% | 98,503 | $2.3M | Reduce -0.4% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.12% | 40,883 | $2.3M | Reduce -1.8% |
| ABBV Abbvie Inc. | 0.12% | 10,681 | $2.2M | Reduce -5.3% |
| KO The Coca-Cola Co. | 0.12% | 31,141 | $2.2M | Reduce -5.9% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.12% | 26,363 | $2.2M | Reduce -0.8% |
| MA Mastercard Inc. Class A | 0.12% | 3,831 | $2.1M | Reduce -4.6% |
| PSX Phillips 66 | 0.11% | 16,765 | $2.1M | Reduce -3.2% |
| MCD McDonald's Corp. | 0.11% | 6,491 | $2.0M | Add +1.3% |
| QVMS Invesco S&P Smallcap 600 QVM | 0.11% | 81,387 | $2.0M | Add +38.8% |
| MBB iShares MBS ETF | 0.11% | 21,224 | $2.0M | Reduce -28.8% |
| VEU Vanguard Ftse All-World Ex-U | 0.11% | 32,654 | $2.0M | Reduce -2.6% |
| NEE Nextera Energy Inc. | 0.11% | 27,329 | $1.9M | Add +11.3% |
| META Meta Platforms Inc. Class A | 0.10% | 3,281 | $1.9M | Reduce -2.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.10% | 44,273 | $1.8M | Reduce -16.1% |
| UNH Unitedhealth Group Inc. | 0.10% | 3,410 | $1.8M | Reduce -1.4% |
| SPMB SS SPDR P Mort Back Bond ETF | 0.10% | 80,520 | $1.8M | Reduce -11.8% |
| YUM Yum! Brands Inc. | 0.10% | 11,103 | $1.7M | Add +0.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.10% | 17,635 | $1.7M | Reduce -89.4% |
| SYK Stryker Corp. | 0.09% | 4,528 | $1.7M | Reduce -0.5% |
| LMT Lockheed Martin Corp. | 0.09% | 3,711 | $1.7M | Reduce -4.5% |
| IWO iShares Russell 2000 Growth | 0.09% | 6,391 | $1.6M | Reduce -0.7% |
| SPBO SS SPDR P Corp. Bond ETF | 0.09% | 55,890 | $1.6M | Reduce -3.8% |
| CSCO Cisco Systems Inc. | 0.09% | 25,828 | $1.6M | Add +0.1% |
| EMR Emerson Electric Co. | 0.09% | 14,371 | $1.6M | Reduce -6.3% |
| VMBS Vanguard Mortgage-Backed Sec | 0.08% | 33,431 | $1.5M | Reduce -10.5% |
| ORCL Oracle Corp. | 0.08% | 10,867 | $1.5M | Reduce -0.8% |
| GLW Corning Inc. | 0.08% | 33,076 | $1.5M | Reduce -0.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $765 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SLXNW Biomotion Sciences-CW29 | *W EXP 08/15/202 | 10,000 | $765 | No change |
Total filed on the 13F, all lines: $1.8B.
Portfolio Sells Q4 2024 → Q1 2025
| SPTS SS SPDR P St Term TSY ETF | Reduce -88.3% | 0.29% | −2.17 |
| DIS The Walt Disney Co. | Reduce -89.4% | 0.10% | −0.91 |
| ITOT iShares Core S&P Total U.S. | Reduce -4.5% | 7.16% | −0.70 |
| AMZN Amazon.com Inc. | Reduce -2.3% | 2.87% | −0.50 |
| AXP American Express Co. | Reduce -16.0% | 1.01% | −0.31 |
| BN Brookfield Corp. | Reduce -16.1% | 0.97% | −0.29 |
| SHOP Shopify Inc. Class A | Reduce -35.7% | 0.24% | −0.17 |
| TJX TJX Companies Inc. | Reduce -19.0% | 0.69% | −0.15 |
| SCHB Schwab US Broad Market ETF | Reduce -7.7% | 0.99% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.9% | 1.00% | −0.10 |
| SCHX Schwab US Large-Cap ETF | Reduce -7.9% | 0.62% | −0.08 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.4% | 1.46% | −0.08 |
| ADBE Adobe Inc. | Reduce -41.5% | 0.06% | −0.06 |
| BNL Broadstone Net Lease Inc. | Reduce -14.4% | 0.69% | −0.06 |
| STZ Constellation Brands Inc. Class A | Reduce -30.6% | 0.06% | −0.04 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -0.8% | 1.52% | −0.04 |
| MBB iShares MBS ETF | Reduce -28.8% | 0.11% | −0.04 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -35.4% | 0.07% | −0.04 |
| SUSA iShares ESG Optimized MSCI U | Reduce -10.5% | 0.21% | −0.04 |
| IWM iShares Russell 2000 ETF | Reduce -0.6% | 0.30% | −0.03 |
| RC Ready Capital Corp. | Sold out | 0.00% | −0.03 |
| BAC Bank of America Corp. | Reduce -16.1% | 0.10% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -3.9% | 0.17% | −0.02 |
| AVGO Broadcom Inc. | Reduce -11.2% | 0.04% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -4.5% | 1.07% | −0.02 |
| TFC Truist Financial Corp. | Sold out | 0.00% | −0.02 |
| SHV iShares 0-1 Year Treasury Bo | Sold out | 0.00% | −0.02 |
| DKS Dick's Sporting Goods Inc. | Reduce -7.6% | 0.08% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -9.4% | 0.24% | −0.02 |
| NKE Nike Inc. Class B | Reduce -13.5% | 0.05% | −0.02 |
| EMR Emerson Electric Co. | Reduce -6.3% | 0.09% | −0.02 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.02 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.02 |
| ORCL Oracle Corp. | Reduce -0.8% | 0.08% | −0.02 |
| ETN Eaton Corp. PLC | Reduce -7.7% | 0.05% | −0.02 |
| BLK BlackRock Inc. | Reduce -19.5% | 0.05% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -8.6% | 0.08% | −0.02 |
| TSLA Tesla Inc. | Reduce -33.0% | 0.01% | −0.02 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.01 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.01 |
| SCHA Schwab US Small-Cap ETF | Reduce -0.4% | 0.13% | −0.01 |
| DVY iShares Select Dividend ETF | Sold out | 0.00% | −0.01 |
| AMGN Amgen Inc. | Reduce -46.9% | 0.02% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -4.5% | 0.09% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -16.6% | 0.04% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -37.9% | 0.02% | −0.01 |
| WDFC WD-40 Co. | Sold out | 0.00% | −0.01 |
| ALL Allstate Corp. | Reduce -41.3% | 0.02% | −0.01 |
| PPG PPG Industries Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| IEF iShares 7-10 Year Treasury B | New | 2.42% | +2.42 |
| IXUS iShares Core Intl Stock ETF | Add +5.4% | 8.63% | +0.91 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.79% | +0.79 |
| DFAX Dimensional World Ex US Core | Add +10.9% | 3.95% | +0.59 |
| PCOR Procore Technologies Inc. | New | 0.53% | +0.53 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.1% | 2.68% | +0.52 |
| RSG Republic Services Inc. | Add +7.5% | 1.13% | +0.26 |
| V Visa Inc. Class A | Add +1.0% | 2.20% | +0.25 |
| CVS CVS Health Corp. | Add +11.6% | 0.48% | +0.19 |
| MKL Markel Group Inc. | Add +1.3% | 2.02% | +0.19 |
| ORLY O'reilly Automotive Inc. | Add +8.1% | 0.77% | +0.18 |
| AMT American Tower Corp. | Add +3.0% | 0.90% | +0.17 |
| DMBS Doubleline Mortgage ETF | Add +4.3% | 2.53% | +0.16 |
| GL Globe Life Inc. | Add +1016.6% | 0.16% | +0.15 |
| VGIT Vanguard Intermediate-Term T | Add +73.3% | 0.34% | +0.15 |
| GOVT iShares US Treasury Bond ETF | Add +1.6% | 6.31% | +0.13 |
| IEMG iShares Core MSCI Emerging | Add +1.8% | 2.13% | +0.11 |
| CNI Canadian Natl Railway Co. | Add +14.9% | 0.99% | +0.10 |
| JPST JPMorgan Ultra-Short Income | Add +18.3% | 0.57% | +0.09 |
| CVX Chevron Corp. | Add +14.8% | 0.30% | +0.07 |
| AGG iShares Core U.S. Aggregate | Add +29.8% | 0.29% | +0.07 |
| JKHY Jack Henry & Associates Inc. | Add +0.7% | 1.23% | +0.06 |
| COST Costco Wholesale Corp. | Add +0.5% | 1.14% | +0.05 |
| IAU iShares Gold Trust | Add +0.7% | 0.22% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | Add +208.2% | 0.06% | +0.04 |
| ROP Roper Technologies Inc. | New | 0.03% | +0.03 |
| CB Chubb Ltd. | New | 0.03% | +0.03 |
| VTS Vitesse Energy Inc. | New | 0.03% | +0.03 |
| INTU Intuit Inc. | New | 0.03% | +0.03 |
| MINT PIMCO Enhanced Short Maturit | Add +45.9% | 0.08% | +0.03 |
| USFR Wisdomtree Floating Rate Tre | Add +22.4% | 0.13% | +0.03 |
| UPS United Parcel Service Class B | Add +207.9% | 0.04% | +0.02 |
| QVMS Invesco S&P Smallcap 600 QVM | Add +38.8% | 0.11% | +0.02 |
| EQIX Equinix Inc. | New | 0.02% | +0.02 |
| WEN The Wendy's Co. | New | 0.02% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +7.3% | 0.53% | +0.01 |
| YUM Yum! Brands Inc. | Add +0.2% | 0.10% | +0.01 |
| IDEV iShares Core MSCI Dev MKTS | Add +4.5% | 0.13% | +0.01 |
| GE General Electric | Add +1.4% | 0.08% | +0.01 |
| AVNM Avantis All Intl MKTS Eq ETF | Add +15.1% | 0.07% | +0.01 |
| IDXX Idexx Laboratories Inc. | Add +0.4% | 0.57% | +0.01 |
| SCHR Schwab Intermediate-Term US | Add +5.5% | 0.17% | +0.01 |
| AWK American Water Works Co. Inc. | New | 0.01% | +0.01 |
| CPRT Copart Inc. | Add +2.0% | 1.24% | +0.01 |
| HTB Hometrust Bancshares Inc. | New | 0.01% | +0.01 |
| OSBC Old Second Bancorp Inc. | New | 0.01% | +0.01 |
| AZN Astrazeneca PLC-Spons ADR | Add +75.0% | 0.02% | +0.01 |
| ECL Ecolab Inc. | New | 0.01% | +0.01 |
| ZTS Zoetis Inc. | New | 0.01% | +0.01 |
| NVS Novartis AG-Sponsored ADR | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 303 | $2.1B | IXUS, ITOT, GOVT, AAPL, DFAX |
| Q2 2025 | 301 | $2.0B | IXUS, ITOT, GOVT, DFAX, AAPL |
| Q1 2025 | 292 | $1.8B | IXUS, ITOT, GOVT, AAPL, DFAX |
| Q4 2024 | 293 | $1.8B | ITOT, IXUS, GOVT, AAPL, AMZN |
| Q3 2024 | 286 | $1.8B | IXUS, ITOT, GOVT, AAPL, DFAX |
| Q2 2024 | 277 | $1.6B | IXUS, ITOT, GOVT, AAPL, DFAX |
| Q1 2024 | 280 | $1.6B | IXUS, ITOT, GOVT, DFAX, AAPL |