Columbia Asset Management

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 8, 2024), Columbia Asset Management reported 164 stock positions worth $493.0 million. Its top holding was Apple (AAPL) at 9.3% of the portfolio, followed by Microsoft (MSFT, 7.5%) and Erie Indemnity Class A (ERIE, 6.1%). Compared with Q4 2023, it sold out of 1, added to 9 and reduced 17. The biggest buy was Delta Air Lines (DAL, shares +0%) and the biggest sale an exit from Franklin Premir Inc. Trust-Ui (PPT).

Most Recent 13F
Q2 2026
Location
Ann Arbor, MI
CIK
0001585047
Portfolio Value
$493.0M (Q1 2024)
SEC Filing
0001585047-24-000002 ↗ filed May 8, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $493.0M $493.0M Q1 2024 Q2 2024: $536.4M Q2 2024 Q3 2024: $573.8M Q3 2024 Q4 2024: $523.0M Q4 2024 Q1 2025: $489.5M Q1 2025 Q2 2025: $508.7M Q2 2025 Q3 2025: $534.3M Q3 2025 Q4 2025: $562.5M Q4 2025 Q1 2026: $525.1M Q1 2026 Q2 2026: $575.2M Q2 2026

Holdings 164 stocks · $493.0M
AAPL Apple Inc. 9.34% 239,143 $46.0M Reduce -0.1%
MSFT Microsoft Corp. 7.51% 98,505 $37.0M Reduce -0.1%
ERIE Erie Indemnity Company Class A 6.11% 89,978 $30.1M No change
V Visa Inc. Class A 3.12% 59,112 $15.4M Reduce -0.1%
MRK Merck & Co. Inc. 3.10% 140,020 $15.3M No change
AMZN Amazon.com Inc. 2.98% 96,544 $14.7M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 2.77% 38,272 $13.7M Reduce -0.0%
GOOGL Alphabet Inc. Class A 2.54% 89,633 $12.5M Reduce -0.1%
ADBE Adobe Inc. 1.91% 15,767 $9.4M Reduce -0.1%
JNJ Johnson & Johnson 1.85% 58,055 $9.1M No change
NKE Nike Inc. Class B 1.83% 82,982 $9.0M Reduce -0.1%
AVGO Broadcom Inc. 1.77% 7,826 $8.7M No change
SBUX Starbucks Corp. 1.76% 90,144 $8.7M Reduce -0.2%
QQXT First Trust Nasdaq-100 Ex-Te 1.45% 41,910 $7.1M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.43% 43,083 $7.0M No change
SPY SS SPDR S&P 500 ETF Trust-US 1.42% 14,780 $7.0M No change
PG The Procter & Gamble Co. 1.39% 46,869 $6.9M No change
ABBV Abbvie Inc. 1.27% 40,365 $6.3M No change
HD Home Depot Inc. 1.25% 17,842 $6.2M No change
AMGN Amgen Inc. 1.24% 21,169 $6.1M No change
UNP Union Pacific Corp. 1.22% 24,583 $6.0M No change
INTC Intel Corp. 1.17% 114,994 $5.8M No change
CSCO Cisco Systems Inc. 1.15% 112,575 $5.7M No change
MCD McDonald's Corp. 1.15% 19,127 $5.7M No change
GOOG Alphabet Inc. Class C 1.13% 39,414 $5.6M No change
CAT Caterpillar Inc. 1.12% 18,759 $5.5M No change
LLY Eli Lilly & Co. 1.07% 9,065 $5.3M Add +0.2%
CVX Chevron Corp. 1.04% 34,221 $5.1M No change
SYK Stryker Corp. 1.01% 16,663 $5.0M No change
LULU Lululemon Athletica Inc. 0.98% 9,473 $4.8M No change
UPS United Parcel Service Class B 0.98% 30,695 $4.8M Add +0.0%
KO The Coca-Cola Co. 0.98% 81,748 $4.8M No change
TGT Target Corp. 0.95% 33,015 $4.7M Add +0.2%
VZ Verizon Communications Inc. 0.89% 116,073 $4.4M No change
PEP Pepsico Inc. 0.87% 25,166 $4.3M No change
PFE Pfizer Inc. 0.87% 148,468 $4.3M Add +0.1%
DAL Delta Air Lines Inc. 0.85% 10,536 $4.2M Add +0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.82% 44,842 $4.0M Reduce -0.2%
DECK Deckers Outdoor Corp. 0.79% 5,838 $3.9M No change
BP BP PLC-Spons ADR 0.74% 102,360 $3.6M No change
VIG Vanguard Dividend Apprec ETF 0.70% 20,200 $3.4M Add +0.0%
HON Honeywell International Inc. 0.65% 15,390 $3.2M No change
SHEL Shell PLC-ADR 0.64% 47,937 $3.2M No change
MMM 3M Co. 0.63% 28,320 $3.1M No change
COST Costco Wholesale Corp. 0.60% 4,446 $2.9M No change
QCOM Qualcomm Inc. 0.56% 19,160 $2.8M No change
GD General Dynamics Corp. 0.56% 59,460 $2.8M No change
MDT Medtronic Inc 0.55% 32,940 $2.7M No change
AXP American Express Co. 0.51% 13,539 $2.5M No change
USB US Bancorp 0.51% 57,667 $2.5M No change
EXXON MOBIL CORP 0.47% 23,331 $2.3M No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.47% 9,928 $2.3M No change
ITW Illinois Tool Works 0.46% 8,724 $2.3M No change
VB Vanguard Most SM-Cap ETF-Usd 0.45% 10,381 $2.2M No change
VOO Vanguard S&P 500 ETF 0.44% 25,577 $2.2M No change
SONY Sony Group Corp. - SP ADR 0.42% 22,075 $2.1M No change
T AT&T Inc. 0.42% 122,850 $2.1M No change
C Citigroup Inc. 0.38% 36,816 $1.9M No change
GIS General Mills Inc. 0.37% 28,205 $1.8M No change
ASML ASML Holding NV-NY Reg SHS 0.36% 2,350 $1.8M Reduce -0.1%
WM Waste Management Inc. 0.34% 9,329 $1.7M No change
VUG Vanguard Mrngstar GR ETF-Sui 0.33% 5,209 $1.6M Add +0.0%
NFLX Netflix Inc. 0.32% 3,270 $1.6M No change
VXUS Vanguard Total Intl Stock 0.32% 27,007 $1.6M No change
DTE DTE Energy Company 0.31% 13,815 $1.5M No change
CVS CVS Health Corp. 0.30% 18,997 $1.5M No change
SEE Sealed Air Corp. 0.29% 39,620 $1.4M No change
DOW Dow Inc. 0.29% 26,222 $1.4M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.27% 25,645 $1.3M No change
DUK Duke Energy Corp. 0.27% 13,709 $1.3M No change
APD Air Products & Chemicals Inc. 0.26% 4,758 $1.3M No change
PSA Public Storage 0.26% 4,180 $1.3M No change
RIO Rio Tinto PLC-Spon ADR 0.26% 16,996 $1.3M No change
KRFT Kraft Foods Group Inc. filed as Kraft Heinz Company 0.25% 33,332 $1.2M No change
SCHW Schwab (charles) Corp. 0.24% 17,551 $1.2M Add +0.7%
BLK BlackRock Finance Inc. 0.23% 1,382 $1.1M No change
WBA Walgreens Boots Alliance Inc. 0.23% 42,525 $1.1M No change
SHW The Sherwin-Williams Co. 0.22% 3,543 $1.1M No change
BGRY Berkshire Grey Inc. filed as 1/100 Berkshire Htwy Cla 0.22% 200 $1.1M No change
AMT American Tower Corp. 0.22% 4,975 $1.1M No change
EXPE Expedia Group Inc. 0.22% 7,070 $1.1M Add +0.9%
EMR Emerson Electric Co. 0.21% 10,489 $1.0M No change
MDLZ Mondelez International Inc. Class A 0.20% 13,842 $1.0M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.20% 29,664 $999K No change
NVDA Nvidia Corp. 0.20% 1,982 $981K No change
UL Unilever PLC 0.20% 19,845 $962K No change
SO The Southern Co. 0.18% 12,818 $899K No change
ENPH Enphase Energy Inc. 0.18% 6,785 $897K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.18% 12,564 $879K No change
IWR iShares Russell Mid-Cap ETF 0.17% 11,063 $860K No change
GS Goldman Sachs Group Inc. 0.17% 2,120 $818K No change
ORCL Oracle Corp. 0.16% 7,550 $796K No change
TSLA Tesla Inc. 0.16% 3,191 $793K Reduce -0.8%
CLX Clorox Company 0.16% 5,545 $791K No change
IEFA iShares Core MSCI Eafe ETF 0.16% 11,155 $785K No change
CB Chubb Ltd. 0.15% 3,320 $750K No change
ORLY O'reilly Automotive Inc. 0.15% 775 $736K No change
GLD SPDR Gold Shares 0.15% 3,841 $734K No change
GPC Genuine Parts Co. 0.15% 5,262 $729K No change
AEP American Electric Power 0.14% 8,786 $714K No change

Show all 164 holdings

Portfolio Sells Q4 2023 → Q1 2024
PPT Franklin Premir Inc. Trust-Ui Sold out 0.00% −0.01
AAPL Apple Inc. Reduce -0.1% 9.34% −0.01
GOOGL Alphabet Inc. Class A Reduce -0.1% 2.54% −0.00
V Visa Inc. Class A Reduce -0.1% 3.12% −0.00
SBUX Starbucks Corp. Reduce -0.2% 1.76% −0.00
ABNB Airbnb Inc. Class A Reduce -2.7% 0.07% −0.00
MU Micron Technology Inc. Reduce -2.5% 0.07% −0.00
AMZN Amazon.com Inc. Reduce -0.1% 2.98% −0.00
TSLA Tesla Inc. Reduce -0.8% 0.16% −0.00
ADBE Adobe Inc. Reduce -0.1% 1.91% −0.00
DIS The Walt Disney Co. Reduce -0.2% 0.82% −0.00
MSFT Microsoft Corp. Reduce -0.1% 7.51% −0.00
NKE Nike Inc. Class B Reduce -0.1% 1.83% −0.00
PYPL PayPal Holdings Inc. Reduce -0.5% 0.08% −0.00
ASML ASML Holding NV-NY Reg SHS Reduce -0.1% 0.36% −0.00
WMT Walmart Inc. Reduce -66.7% 0.09% 0.00
ODFL Old Dominion Freight Line Reduce -50.0% 0.14% +0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.0% 2.77% +0.00

Portfolio Buys Q4 2023 → Q1 2024
DAL Delta Air Lines Inc. Add +0.2% 0.85% +0.00
TGT Target Corp. Add +0.2% 0.95% +0.00
LLY Eli Lilly & Co. Add +0.2% 1.07% +0.00
EXPE Expedia Group Inc. Add +0.9% 0.22% +0.00
SCHW Schwab (charles) Corp. Add +0.7% 0.24% +0.00
PFE Pfizer Inc. Add +0.1% 0.87% +0.00
UPS United Parcel Service Class B Add +0.0% 0.98% +0.00
VIG Vanguard Dividend Apprec ETF Add +0.0% 0.70% +0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +0.0% 0.33% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 168$575.2MAAPL, MSFT, GOOGL, AMZN, ERIE
Q1 2026 170$525.1MAAPL, MSFT, GOOGL, ERIE, AMZN
Q4 2025 173$562.5MAAPL, MSFT, GOOGL, ERIE, AMZN
Q3 2025 167$534.3MAAPL, MSFT, ERIE, GOOGL, AMZN
Q2 2025 169$508.7MMSFT, AAPL, ERIE, V, AMZN
Q1 2025 177$489.5MAAPL, MSFT, ERIE, V, AMZN
Q4 2024 185$523.0MAAPL, MSFT, ERIE, AMZN, V
Q3 2024 179$573.8MAAPL, MSFT, ERIE, AMZN, BRK.B
Q2 2024 170$536.4MAAPL, MSFT, ERIE, AMZN, MRK
Q1 2024 164$493.0MAAPL, MSFT, ERIE, V, MRK