Coldstream Capital Management Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Coldstream Capital Management Inc. reported 3,534 stock positions worth $4.7 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 9.2% of the portfolio, followed by Microsoft (MSFT, 4.4%) and Prshrs S&P Mid 400 DVD Arist (REGL, 4.3%). Compared with Q4 2024, it opened 2,472 new positions, sold out of 3, added to 546 and reduced 470. The biggest buy was iShares Russell 1000 ETF (IWB, shares +225%) and the biggest sale Microsoft (MSFT, shares −38%).
- Most Recent 13F
- Q2 2026
- Location
- BELLEVUE, WA
- CIK
- 0001082339
- Portfolio Value
- $4.7B (Q1 2025)
- SEC Filing
- 0001082339-25-000002 ↗ filed May 13, 2025
Holdings Value
Holdings 3,534 stocks · $4.7B
| IVV iShares Core S&P 500 ETF | 9.15% | 764,615 | $429.6M | Add +1.6% |
| MSFT Microsoft Corp. | 4.37% | 546,283 | $205.1M | Reduce -38.4% |
| REGL Prshrs S&P Mid 400 DVD Arist | 4.30% | 2,505,833 | $202.1M | Add +2.6% |
| HEFA Isha Curr Hedged MSCI Eafe | 4.13% | 5,345,402 | $194.0M | Add +3.8% |
| IEF iShares 7-10 Year Treasury B | 3.98% | 1,956,939 | $186.6M | Add +3.2% |
| VOO Vanguard S&P 500 ETF | 3.88% | 354,793 | $182.3M | Add +5.4% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 2.62% | 479,072 | $123.1M | Reduce -1.4% |
| VEA Vanguard Ftse Developed ETF | 2.54% | 2,343,087 | $119.1M | Add +43.3% |
| AAPL Apple Inc. | 2.34% | 495,144 | $110.0M | Add +0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.34% | 295,762 | $109.7M | Reduce -3.9% |
| SMMD iShares Russell 2500 ETF | 1.61% | 1,208,842 | $75.6M | Reduce -23.9% |
| NVDA Nvidia Corp. | 1.52% | 659,190 | $71.4M | Add +1.1% |
| AMZN Amazon.com Inc. | 1.50% | 370,065 | $70.4M | Add +0.1% |
| VGSH Vanguard Short-Term Treasury | 1.44% | 1,155,628 | $67.8M | Add +101.2% |
| IWB iShares Russell 1000 ETF | 1.41% | 215,318 | $66.0M | Add +224.9% |
| IJH iShares Core S&P Midcap ETF | 1.33% | 1,070,479 | $62.5M | Add +262.2% |
| MUB iShares National Muni Bond E | 1.32% | 586,863 | $61.9M | Add +20.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.99% | 267,984 | $46.3M | Reduce -6.1% |
| VXF Vanguard Extended Market ETF | 0.97% | 265,698 | $45.8M | Add +4.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.83% | 149,906 | $38.8M | Reduce -26.2% |
| META Meta Platforms Inc. Class A | 0.80% | 65,120 | $37.5M | Reduce -0.9% |
| SGOV iShares 0-3 Month Treasury B | 0.77% | 358,500 | $36.1M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.72% | 748,654 | $33.9M | Reduce -22.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.72% | 445,808 | $33.7M | Reduce -7.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.68% | 60,174 | $32.0M | Add +6.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.65% | 110,815 | $30.5M | Add +8.5% |
| IWR iShares Russell Mid-Cap ETF | 0.55% | 304,531 | $25.9M | Reduce -0.4% |
| SCZ iShares MSCI Eafe Small-Cap | 0.55% | 403,601 | $25.6M | Reduce -43.7% |
| DON Wisdomtree US Midcap Dividen | 0.53% | 499,124 | $24.7M | Reduce -5.5% |
| AGG iShares Core U.S. Aggregate | 0.51% | 243,979 | $24.1M | Add +121.7% |
| COST Costco Wholesale Corp. | 0.48% | 23,824 | $22.5M | Add +4.8% |
| JPM JPMorgan Chase & Co. | 0.48% | 91,333 | $22.4M | Add +0.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.47% | 240,044 | $22.0M | Add +611.0% |
| VIG Vanguard Dividend Apprec ETF | 0.45% | 108,912 | $21.1M | Add +0.4% |
| IDEV iShares Core MSCI Dev MKTS | 0.45% | 304,875 | $21.0M | Add +17.9% |
| VT Vanguard Tot World STK ETF | 0.45% | 180,850 | $21.0M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 0.45% | 135,260 | $20.9M | Reduce -2.5% |
| V Visa Inc. Class A | 0.44% | 58,528 | $20.5M | Reduce -0.6% |
| LLY Eli Lilly & Co. | 0.41% | 23,529 | $19.4M | Add +1.2% |
| GOOG Alphabet Inc. Class C | 0.41% | 123,719 | $19.3M | Add +3.6% |
| SBUX Starbucks Corp. | 0.41% | 196,450 | $19.3M | Add +64.5% |
| HAWX iShares Cur HDG MSCI Acwi-X | 0.40% | 560,277 | $18.7M | Reduce -1.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.39% | 83,522 | $18.5M | Add +16.4% |
| SCHX Schwab US Large-Cap ETF | 0.37% | 777,996 | $17.2M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 0.35% | 140,102 | $16.7M | Add +3.8% |
| TSLA Tesla Inc. | 0.35% | 64,127 | $16.6M | Reduce -6.0% |
| IEMG iShares Core MSCI Emerging | 0.34% | 298,831 | $16.1M | Reduce -2.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.33% | 27,887 | $15.6M | Add +2.0% |
| AVGO Broadcom Inc. | 0.33% | 92,165 | $15.4M | Add +6.3% |
| MA Mastercard Inc. Class A | 0.32% | 27,497 | $15.1M | Reduce -1.4% |
| EEM iShares MSCI Emerging Market | 0.32% | 344,388 | $15.0M | Reduce -0.8% |
| PG The Procter & Gamble Co. | 0.31% | 86,648 | $14.8M | Reduce -2.3% |
| UNH Unitedhealth Group Inc. | 0.31% | 27,447 | $14.4M | Add +0.2% |
| HD Home Depot Inc. | 0.30% | 38,796 | $14.2M | Add +1.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.30% | 231,400 | $14.0M | Add +3.1% |
| ABBV Abbvie Inc. | 0.30% | 66,605 | $14.0M | Add +2.1% |
| GOVT iShares US Treasury Bond ETF | 0.28% | 577,799 | $13.3M | Reduce -3.8% |
| JNJ Johnson & Johnson | 0.28% | 79,653 | $13.2M | Add +64.5% |
| WMT Walmart Inc. | 0.25% | 134,473 | $11.8M | Reduce -3.6% |
| HDEF Xtrackers MSCI Eafe High Div | 0.25% | 424,516 | $11.5M | Reduce -3.6% |
| CSCO Cisco Systems Inc. | 0.24% | 182,214 | $11.2M | Reduce -1.4% |
| T AT&T Inc. | 0.23% | 386,311 | $10.9M | Add +2.3% |
| CVX Chevron Corp. | 0.23% | 64,729 | $10.8M | Add +0.8% |
| NFLX Netflix Inc. | 0.23% | 11,368 | $10.6M | Reduce -1.3% |
| VSS Vanguard Ftse All Wo X-US SC | 0.22% | 90,819 | $10.5M | Reduce -4.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.22% | 40,807 | $10.1M | Add +0.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.21% | 21,339 | $10.0M | Reduce -10.3% |
| ORCL Oracle Corp. | 0.21% | 71,149 | $9.9M | Reduce -0.2% |
| KO The Coca-Cola Co. | 0.21% | 137,726 | $9.9M | Add +3.9% |
| ABT Abbott Laboratories | 0.20% | 72,569 | $9.6M | Add +0.3% |
| MCD McDonald's Corp. | 0.20% | 30,588 | $9.6M | Reduce -2.2% |
| MRK Merck & Co. Inc. | 0.20% | 103,350 | $9.3M | Reduce -6.9% |
| SCHG Schwab US Large-Cap Growth | 0.19% | 350,241 | $8.8M | Reduce -2.4% |
| VONE Vanguard Russell 1000 | 0.19% | 34,335 | $8.7M | Reduce -2.4% |
| VZ Verizon Communications Inc. | 0.18% | 189,752 | $8.6M | Reduce -1.7% |
| PEP Pepsico Inc. | 0.18% | 57,340 | $8.6M | Reduce -5.4% |
| HEEM iShares Crncy Hedgd MSCI Em | 0.18% | 305,225 | $8.6M | Reduce -4.3% |
| IVW iShares S&P 500 Growth ETF | 0.18% | 91,867 | $8.5M | Reduce -0.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.18% | 107,444 | $8.5M | Reduce -23.5% |
| IEI iShares 3-7 Year Treasury Bo | 0.18% | 71,368 | $8.4M | New |
| CAT Caterpillar Inc. | 0.18% | 25,387 | $8.4M | Reduce -2.3% |
| EFA iShares MSCI Eafe ETF | 0.18% | 102,226 | $8.4M | Reduce -0.6% |
| IWF iShares Russell 1000 Growth | 0.18% | 22,923 | $8.3M | Reduce -2.8% |
| RTX RTX Corp. | 0.17% | 61,938 | $8.2M | Add +112.5% |
| LIN Linde PLC | 0.17% | 17,407 | $8.1M | Add +3.2% |
| ACN Accenture PLC Class A | 0.17% | 25,661 | $8.0M | Reduce -1.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.17% | 64,724 | $7.9M | Add +0.9% |
| WM Waste Management Inc. | 0.17% | 33,894 | $7.8M | Add +113.1% |
| NEE Nextera Energy Inc. | 0.16% | 108,952 | $7.7M | Add +2.6% |
| IXUS iShares Core Intl Stock ETF | 0.16% | 105,924 | $7.4M | Reduce -4.0% |
| MS Morgan Stanley | 0.16% | 62,492 | $7.3M | Reduce -1.5% |
| HON Honeywell International Inc. | 0.15% | 33,865 | $7.2M | Reduce -2.1% |
| BLK BlackRock Inc. | 0.15% | 7,440 | $7.0M | Reduce -0.1% |
| AFL Aflac Inc. | 0.15% | 62,728 | $7.0M | Reduce -2.9% |
| RPG Invesco S&P 500 Pure Growth | 0.15% | 179,254 | $6.9M | No change |
| SO The Southern Co. | 0.15% | 74,270 | $6.8M | Add +0.4% |
| DUK Duke Energy Corp. | 0.14% | 54,587 | $6.7M | Add +2.4% |
| TXN Texas Instruments Inc. | 0.14% | 36,942 | $6.6M | Add +3.5% |
| AMT American Tower Corp. | 0.14% | 29,479 | $6.4M | Add +309.3% |
| TLH iShares 10-20 Year Treasury | 0.14% | 61,701 | $6.4M | Reduce -22.1% |
Options reported separately and not counted above: MSFT puts ($751K), AAPL puts ($444K).
Other holdings (4): bonds, preferreds, convertibles and warrants · $44K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 20 | $25K | New |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 15 | $18K | New |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 38 | $1K | New |
| JQCNR Nuveen Credit Strategies-RTS | RIGHT 04/29/2025 | 1,750 | $0 | New |
Total filed on the 13F, all lines: $4.7B.
Portfolio Sells Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | Reduce -38.4% | 4.37% | −3.60 |
| SMMD iShares Russell 2500 ETF | Reduce -23.9% | 1.61% | −0.69 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -43.7% | 0.55% | −0.38 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -3.9% | 2.34% | −0.36 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -26.2% | 0.83% | −0.32 |
| TSLA Tesla Inc. | Reduce -6.0% | 0.35% | −0.23 |
| VWO Vanguard Ftse Emerging Marke | Reduce -22.6% | 0.72% | −0.19 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -1.4% | 2.62% | −0.17 |
| GOOGL Alphabet Inc. Class A | Reduce -2.5% | 0.45% | −0.11 |
| TGT Target Corp. | Reduce -83.4% | 0.02% | −0.10 |
| CMCSA Comcast Corp. Class A | Reduce -61.5% | 0.06% | −0.09 |
| STZ Constellation Brands Inc. Class A | Reduce -90.7% | 0.01% | −0.09 |
| YUM Yum! Brands Inc. | Reduce -78.0% | 0.03% | −0.09 |
| PFE Pfizer Inc. | Reduce -62.6% | 0.05% | −0.08 |
| LMT Lockheed Martin Corp. | Reduce -56.4% | 0.05% | −0.08 |
| PLD Prologis Inc. | Reduce -66.2% | 0.04% | −0.07 |
| QCOM Qualcomm Inc. | Reduce -44.4% | 0.09% | −0.07 |
| GRMN Garmin Ltd. | Reduce -82.5% | 0.01% | −0.06 |
| GLW Corning Inc. | Reduce -79.2% | 0.01% | −0.05 |
| TOL Toll Brothers Inc. | Reduce -66.3% | 0.02% | −0.05 |
| ROST Ross Stores Inc. | Reduce -69.8% | 0.02% | −0.05 |
| DON Wisdomtree US Midcap Dividen | Reduce -5.5% | 0.53% | −0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -23.5% | 0.18% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -10.3% | 0.21% | −0.05 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -53.3% | 0.04% | −0.04 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -6.1% | 0.99% | −0.04 |
| LHX L3HARRIS Technologies Inc. | Reduce -76.9% | 0.01% | −0.04 |
| KR Kroger Co. | Reduce -64.2% | 0.03% | −0.04 |
| WTRG Essential Utilities Inc. | Reduce -92.5% | 0.00% | −0.04 |
| NOW ServiceNow Inc. | Reduce -8.4% | 0.09% | −0.04 |
| SWKS Skyworks Solutions Inc. | Reduce -90.0% | 0.00% | −0.04 |
| ORCL Oracle Corp. | Reduce -0.2% | 0.21% | −0.04 |
| BAH Booz Allen Hamilton Holdings | Reduce -80.8% | 0.01% | −0.04 |
| SJM The JM Smucker Co. | Reduce -86.5% | 0.01% | −0.04 |
| U Unity Software Inc. | Reduce -51.2% | 0.03% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -6.9% | 0.20% | −0.04 |
| KEY Keycorp | Reduce -71.9% | 0.01% | −0.03 |
| ADBE Adobe Inc. | Reduce -18.6% | 0.08% | −0.03 |
| TLH iShares 10-20 Year Treasury | Reduce -22.1% | 0.14% | −0.03 |
| BALL Ball Corp. | Reduce -89.1% | 0.00% | −0.03 |
| GBCI Glacier Bancorp Inc. | Reduce -86.0% | 0.00% | −0.03 |
| WSM Williams-Sonoma Inc. | Reduce -14.5% | 0.08% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -10.7% | 0.11% | −0.03 |
| SCHG Schwab US Large-Cap Growth | Reduce -2.4% | 0.19% | −0.03 |
| CART Maplebear Inc. | Reduce -91.3% | 0.00% | −0.03 |
| NKE Nike Inc. Class B | Reduce -9.7% | 0.08% | −0.03 |
| IWF iShares Russell 1000 Growth | Reduce -2.8% | 0.18% | −0.03 |
| ACN Accenture PLC Class A | Reduce -1.7% | 0.17% | −0.03 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.4% | 0.55% | −0.02 |
| CAT Caterpillar Inc. | Reduce -2.3% | 0.18% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| IWB iShares Russell 1000 ETF | Add +224.9% | 1.41% | +0.95 |
| IJH iShares Core S&P Midcap ETF | Add +262.2% | 1.33% | +0.94 |
| VEA Vanguard Ftse Developed ETF | Add +43.3% | 2.54% | +0.87 |
| VGSH Vanguard Short-Term Treasury | Add +101.2% | 1.44% | +0.73 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +611.0% | 0.47% | +0.40 |
| HEFA Isha Curr Hedged MSCI Eafe | Add +3.8% | 4.13% | +0.32 |
| AGG iShares Core U.S. Aggregate | Add +121.7% | 0.51% | +0.29 |
| IEF iShares 7-10 Year Treasury B | Add +3.2% | 3.98% | +0.24 |
| MUB iShares National Muni Bond E | Add +20.9% | 1.32% | +0.22 |
| IEI iShares 3-7 Year Treasury Bo | New | 0.18% | +0.18 |
| SBUX Starbucks Corp. | Add +64.5% | 0.41% | +0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +6.7% | 0.68% | +0.14 |
| JNJ Johnson & Johnson | Add +64.5% | 0.28% | +0.13 |
| AMT American Tower Corp. | Add +309.3% | 0.14% | +0.11 |
| REGL Prshrs S&P Mid 400 DVD Arist | Add +2.6% | 4.30% | +0.11 |
| RTX RTX Corp. | Add +112.5% | 0.17% | +0.10 |
| WM Waste Management Inc. | Add +113.1% | 0.17% | +0.10 |
| IDEV iShares Core MSCI Dev MKTS | Add +17.9% | 0.45% | +0.09 |
| IBTF iShares Ibonds Dec 2025 Term | Add +806.0% | 0.10% | +0.09 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.09% | +0.09 |
| KLAC KLA Corp. | Add +183.2% | 0.11% | +0.08 |
| MDT Medtronic PLC | Add +269.7% | 0.10% | +0.07 |
| DE Deere & Co. | Add +110.8% | 0.12% | +0.07 |
| AVA Avista Corp. | New | 0.06% | +0.06 |
| ABBV Abbvie Inc. | Add +2.1% | 0.30% | +0.05 |
| SCI Service Corp. International | Add +1040.8% | 0.05% | +0.05 |
| T AT&T Inc. | Add +2.3% | 0.23% | +0.05 |
| XOM Exxon Mobil Corp. | Add +3.8% | 0.35% | +0.05 |
| SLGN Silgan Holdings Inc. | Add +550.8% | 0.05% | +0.04 |
| AES AES Corp. | Add +1012.3% | 0.05% | +0.04 |
| OZK Bank Ozk | New | 0.04% | +0.04 |
| TXRH Texas Roadhouse Inc. | Add +295.2% | 0.06% | +0.04 |
| DPZ Domino's Pizza Inc. | Add +522.3% | 0.05% | +0.04 |
| LII Lennox International Inc. | Add +267.2% | 0.05% | +0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +149.6% | 0.08% | +0.04 |
| SNX TD Synnex Corp. | New | 0.04% | +0.04 |
| PM Philip Morris International | Add +7.3% | 0.13% | +0.04 |
| CLX Clorox Company | Add +314.1% | 0.05% | +0.04 |
| COST Costco Wholesale Corp. | Add +4.8% | 0.48% | +0.04 |
| BMI Badger Meter Inc. | New | 0.04% | +0.04 |
| POOL Pool Corp. | Add +574.1% | 0.04% | +0.03 |
| KO The Coca-Cola Co. | Add +3.9% | 0.21% | +0.03 |
| CVX Chevron Corp. | Add +0.8% | 0.23% | +0.03 |
| LLY Eli Lilly & Co. | Add +1.2% | 0.41% | +0.03 |
| ABT Abbott Laboratories | Add +0.3% | 0.20% | +0.03 |
| AMGN Amgen Inc. | Add +8.6% | 0.12% | +0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +16.4% | 0.39% | +0.03 |
| FTV Fortive Corp. | Add +241.8% | 0.04% | +0.03 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.22% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +3.1% | 0.30% | +0.02 |
Options Activity Q4 2024 → Q1 2025
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | New | 20 | $25K |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | New | 15 | $18K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | New | 38 | $1K |
| JQCNR Nuveen Credit Strategies-RTS | RIGHT 04/29/2025 | New | 1,750 | $0 |
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 | 1,219 | $7.9B | IVV, MSFT, VOO, VTV, DFAI |
| Q1 2026 | 1,190 | $8.1B | IVV, MSFT, DFAI, VTV, VUG |
| Q4 2025 | 1,160 | $7.7B | IVV, DFAI, MSFT, VTV, VUG |
| Q3 2025 | 1,214 | $7.4B | IVV, DFAI, VTV, VUG, MSFT |
| Q2 2025 | 1,105 | $6.1B | IVV, MSFT, VUG, HEFA, VOO |
| Q1 2025 | 3,534 | $4.7B | IVV, MSFT, REGL, HEFA, IEF |
| Q4 2024 | 1,063 | $4.7B | IVV, MSFT, REGL, VOO, HEFA |
| Q3 2024Amended | 1,081 | $4.6B | IVV, MSFT, REGL, HEFA, VOO |
| Q2 2024 | 985 | $4.1B | IVV, MSFT, REGL, HEFA, VOO |
| Q1 2024 | 998 | $3.9B | IVV, MSFT, REGL, HEFA, VOO |