Columbia Asset Management
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 21, 2026), Columbia Asset Management reported 170 stock positions worth $525.1 million. Its top holding was Apple (AAPL) at 9.6% of the portfolio, followed by Microsoft (MSFT, 6.4%) and Alphabet Class A (GOOGL, 4.1%). Compared with Q4 2025, it opened 7 new positions, sold out of 10, added to 58 and reduced 58. The biggest buy was Chevron (CVX, shares +4%) and the biggest sale an exit from Berkshire Hathaway Class B (BRK.B).
- Most Recent 13F
- Q2 2026
- Location
- Ann Arbor, MI
- CIK
- 0001585047
- Portfolio Value
- $525.1M (Q1 2026)
- SEC Filing
- 0002085853-26-000430 ↗ filed Apr 21, 2026
Holdings Value
Holdings 170 stocks · $525.1M
| AAPL Apple Inc. | 9.57% | 198,088 | $50.3M | Reduce -0.8% |
| MSFT Microsoft Corp. | 6.35% | 90,105 | $33.4M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 4.06% | 74,081 | $21.3M | Reduce -4.0% |
| ERIE Erie Indemnity Company Class A | 3.47% | 72,569 | $18.2M | Add +1.1% |
| AMZN Amazon.com Inc. | 3.35% | 84,489 | $17.6M | Add +0.2% |
| V Visa Inc. Class A | 2.94% | 51,136 | $15.5M | Reduce -1.3% |
| AVGO Broadcom Inc. | 2.80% | 47,472 | $14.7M | Reduce -2.3% |
| MRK Merck & Co. Inc. | 2.56% | 111,663 | $13.4M | Add +0.1% |
| JNJ Johnson & Johnson | 2.53% | 54,270 | $13.3M | Reduce -3.2% |
| CAT Caterpillar Inc. | 2.03% | 15,058 | $10.7M | Reduce -0.2% |
| GOOG Alphabet Inc. Class C | 1.95% | 35,616 | $10.2M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 1.85% | 33,083 | $9.7M | Reduce -1.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.75% | 14,166 | $9.2M | Add +2.0% |
| AMGN Amgen Inc. | 1.50% | 22,420 | $7.9M | Reduce -2.5% |
| LLY Eli Lilly & Co. | 1.48% | 8,431 | $7.8M | Add +1.0% |
| ABBV Abbvie Inc. | 1.46% | 35,329 | $7.7M | Reduce -0.4% |
| CVX Chevron Corp. | 1.43% | 36,182 | $7.5M | Add +3.6% |
| SBUX Starbucks Corp. | 1.39% | 81,445 | $7.3M | Reduce -3.3% |
| VZ Verizon Communications Inc. | 1.39% | 145,152 | $7.3M | Reduce -1.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.35% | 29,244 | $7.1M | Reduce -9.9% |
| CSCO Cisco Systems Inc. | 1.33% | 89,982 | $7.0M | Reduce -7.2% |
| BP BP PLC-Spons ADR | 1.16% | 129,274 | $6.1M | Add +2.7% |
| UNP Union Pacific Corp. | 1.12% | 24,343 | $5.9M | Add +4.0% |
| NVDA Nvidia Corp. | 1.10% | 33,179 | $5.8M | Add +1.1% |
| PG The Procter & Gamble Co. | 1.09% | 39,737 | $5.7M | Reduce -1.8% |
| KO The Coca-Cola Co. | 1.05% | 72,207 | $5.5M | Reduce -1.6% |
| PFE Pfizer Inc. | 1.04% | 194,260 | $5.5M | Add +0.9% |
| NKE Nike Inc. Class B | 1.02% | 101,202 | $5.3M | Add +5.1% |
| MDT Medtronic PLC | 1.02% | 61,560 | $5.3M | Reduce -1.1% |
| TGT Target Corp. | 0.97% | 41,957 | $5.1M | Add +9.7% |
| PEP Pepsico Inc. | 0.95% | 31,968 | $5.0M | Add +4.5% |
| MCD McDonald's Corp. | 0.94% | 15,888 | $4.9M | Reduce -0.5% |
| SYK Stryker Corp. | 0.88% | 14,012 | $4.6M | Reduce -3.8% |
| DE Deere & Co. | 0.86% | 8,001 | $4.5M | Add +0.0% |
| COST Costco Wholesale Corp. | 0.85% | 4,503 | $4.5M | Add +0.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.84% | 16,871 | $4.4M | Add +19.9% |
| VIG Vanguard Dividend Apprec ETF | 0.82% | 20,139 | $4.3M | Add +3.2% |
| VXUS Vanguard Total Intl Stock | 0.81% | 54,846 | $4.2M | Add +58.1% |
| GLW Corning Inc. | 0.79% | 30,656 | $4.2M | Reduce -11.5% |
| HD Home Depot Inc. | 0.79% | 12,552 | $4.1M | Reduce -4.0% |
| XOM Exxon Mobil Corp. | 0.75% | 23,061 | $3.9M | Add +1.6% |
| UPS United Parcel Service Class B | 0.74% | 39,370 | $3.9M | Add +3.2% |
| ADBE Adobe Inc. | 0.71% | 15,259 | $3.7M | Reduce -3.9% |
| SHEL Shell PLC-ADR | 0.69% | 38,900 | $3.6M | Reduce -2.5% |
| AXP American Express Co. | 0.68% | 11,794 | $3.6M | Reduce -0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.64% | 34,651 | $3.3M | Reduce -1.5% |
| NFLX Netflix Inc. | 0.63% | 34,548 | $3.3M | Add +6.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.63% | 11,561 | $3.3M | Add +6.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.58% | 6,915 | $3.0M | Add +4.9% |
| HON Honeywell International Inc. | 0.57% | 13,283 | $3.0M | Reduce -0.1% |
| T AT&T Inc. | 0.54% | 97,382 | $2.8M | Add +1.0% |
| ITW Illinois Tool Works | 0.52% | 10,390 | $2.7M | No change |
| C Citigroup Inc. | 0.51% | 23,717 | $2.7M | Reduce -8.1% |
| BSV Vanguard Short-Term Bond ETF | 0.49% | 32,707 | $2.6M | Add +0.1% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.47% | 1,849 | $2.4M | Reduce -0.4% |
| SCHW Schwab (charles) Corp. | 0.46% | 25,712 | $2.4M | Add +0.3% |
| SONY Sony Group Corp. - SP ADR | 0.42% | 107,500 | $2.2M | Reduce -2.0% |
| WM Waste Management Inc. | 0.41% | 9,335 | $2.1M | No change |
| MMM 3M Co. | 0.40% | 14,586 | $2.1M | Reduce -9.8% |
| DECK Deckers Outdoor Corp. | 0.40% | 21,037 | $2.1M | Reduce -0.6% |
| MU Micron Technology Inc. | 0.36% | 5,643 | $1.9M | Add +45.6% |
| GE General Electric filed as GE AEROSPACE | 0.34% | 6,214 | $1.8M | Reduce -11.0% |
| GLD SPDR Gold Shares | 0.33% | 4,055 | $1.7M | Add +3.1% |
| DUK Duke Energy Corp. | 0.33% | 13,144 | $1.7M | Add +5.7% |
| USB US Bancorp | 0.32% | 32,463 | $1.7M | Add +1.5% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.32% | 18,365 | $1.7M | Add +1.1% |
| BATRK Atlanta Braves Holdings in-C | 0.31% | 38,640 | $1.6M | Add +0.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.31% | 17,994 | $1.6M | Add +11.5% |
| AEP American Electric Power | 0.29% | 11,629 | $1.5M | Add +10.4% |
| GS Goldman Sachs Group Inc. | 0.29% | 1,787 | $1.5M | Reduce -7.7% |
| DTE DTE Energy Company | 0.29% | 10,238 | $1.5M | Reduce -0.8% |
| QCOM Qualcomm Inc. | 0.28% | 11,278 | $1.5M | Reduce -8.5% |
| PSA Public Storage | 0.28% | 5,356 | $1.5M | Reduce -2.1% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.27% | 12,117 | $1.4M | Reduce -10.5% |
| AMT American Tower Corp. | 0.25% | 7,732 | $1.3M | Add +4.3% |
| CLX Clorox Company | 0.25% | 12,576 | $1.3M | Add +14.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.25% | 2,889 | $1.3M | Add +28.8% |
| EMR Emerson Electric Co. | 0.24% | 9,539 | $1.2M | Add +0.0% |
| GD General Dynamics Corp. | 0.23% | 3,573 | $1.2M | Add +1.3% |
| RIO Rio Tinto PLC-Spon ADR | 0.22% | 12,245 | $1.1M | Add +21.4% |
| ORCL Oracle Corp. | 0.21% | 7,572 | $1.1M | Reduce -15.0% |
| CB Chubb Ltd. | 0.20% | 3,296 | $1.1M | No change |
| EXPE Expedia Group Inc. | 0.20% | 4,620 | $1.1M | Add +1.6% |
| IWR iShares Russell Mid-Cap ETF | 0.20% | 10,872 | $1.1M | No change |
| ORLY O'reilly Automotive Inc. | 0.20% | 11,325 | $1.0M | No change |
| LRCX Lam Research Corp. | 0.19% | 4,750 | $1.0M | No change |
| UL Unilever PLC-Sponsored ADR | 0.19% | 17,449 | $994K | Add +3.0% |
| EQNR Equinor ASA-Spon ADR | 0.18% | 22,835 | $964K | Add +77.2% |
| WMT Walmart Inc. | 0.18% | 7,402 | $920K | Reduce -14.1% |
| PM Philip Morris International | 0.17% | 5,455 | $902K | No change |
| MO Altria Group Inc. | 0.16% | 12,890 | $851K | No change |
| MDLZ Mondelez International Inc. Class A | 0.16% | 14,404 | $830K | Add +4.0% |
| AZN Astrazeneca PLC | 0.16% | 4,189 | $826K | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.15% | 4,797 | $766K | Reduce -54.3% |
| BLK BlackRock Inc. | 0.14% | 786 | $756K | Reduce -16.7% |
| CMCSA Comcast Corp. Class A | 0.14% | 26,274 | $754K | Add +14.9% |
| SO The Southern Co. | 0.14% | 7,769 | $750K | Add +0.1% |
| VWO Vanguard Ftse Emerging Marke | 0.14% | 13,834 | $748K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.14% | 15,015 | $732K | Reduce -19.2% |
| INTC Intel Corp. | 0.14% | 16,380 | $723K | Reduce -23.1% |
Portfolio Sells Q4 2025 → Q1 2026
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −3.33 |
| MSFT Microsoft Corp. | Reduce -0.1% | 6.35% | −1.40 |
| IBM Intl Business Machines Corp. | Reduce -9.9% | 1.35% | −0.36 |
| V Visa Inc. Class A | Reduce -1.3% | 2.94% | −0.29 |
| ADBE Adobe Inc. | Reduce -3.9% | 0.71% | −0.28 |
| GOOGL Alphabet Inc. Class A | Reduce -4.0% | 4.06% | −0.24 |
| AVGO Broadcom Inc. | Reduce -2.3% | 2.80% | −0.19 |
| TJX TJX Companies Inc. | Reduce -54.3% | 0.15% | −0.14 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.11 |
| AXP American Express Co. | Reduce -0.5% | 0.68% | −0.10 |
| QCOM Qualcomm Inc. | Reduce -8.5% | 0.28% | −0.10 |
| ORCL Oracle Corp. | Reduce -15.0% | 0.21% | −0.10 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.09 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.08 |
| SONY Sony Group Corp. - SP ADR | Reduce -2.0% | 0.42% | −0.08 |
| DIS The Walt Disney Co. | Reduce -1.5% | 0.64% | −0.08 |
| JPM JPMorgan Chase & Co. | Reduce -1.7% | 1.85% | −0.07 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.07 |
| AAPL Apple Inc. | Reduce -0.8% | 9.57% | −0.07 |
| MMM 3M Co. | Reduce -9.8% | 0.40% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -0.5% | 1.95% | −0.05 |
| LULU Lululemon Athletica Inc. | Reduce -13.1% | 0.11% | −0.05 |
| MDT Medtronic PLC | Reduce -1.1% | 1.02% | −0.05 |
| GE General Electric | Reduce -11.0% | 0.34% | −0.05 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.05 |
| BAC Bank of America Corp. | Reduce -19.2% | 0.14% | −0.04 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.04 |
| BLK BlackRock Inc. | Reduce -16.7% | 0.14% | −0.04 |
| SYK Stryker Corp. | Reduce -3.8% | 0.88% | −0.03 |
| GIS General Mills Inc. | Reduce -11.7% | 0.09% | −0.03 |
| GPC Genuine Parts Co. | Reduce -21.1% | 0.07% | −0.03 |
| GNRC Generac Holdings Inc. | Reduce -48.5% | 0.10% | −0.03 |
| C Citigroup Inc. | Reduce -8.1% | 0.51% | −0.02 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.02 |
| CHDN Churchill Downs Inc. | Reduce -2.5% | 0.09% | −0.02 |
| TSLA Tesla Inc. | Reduce -4.6% | 0.10% | −0.02 |
| GS Goldman Sachs Group Inc. | Reduce -7.7% | 0.29% | −0.01 |
| GEV GE Vernova Inc. | Reduce -38.4% | 0.10% | −0.01 |
| HD Home Depot Inc. | Reduce -4.0% | 0.79% | −0.01 |
| KHC The Kraft Heinz Co. | Reduce -9.4% | 0.10% | −0.01 |
| BNY Bank of New York Mellon Corp. | Reduce -10.5% | 0.27% | −0.01 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.01 |
| RACE Ferrari NV | Reduce -2.0% | 0.08% | −0.00 |
| INTC Intel Corp. | Reduce -23.1% | 0.14% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -7.2% | 1.33% | +0.00 |
| WPC WP Carey Inc. | Reduce -4.1% | 0.04% | +0.00 |
| SIRI Sirius XM Holdings Inc. | Reduce -11.5% | 0.05% | +0.00 |
| WMT Walmart Inc. | Reduce -14.1% | 0.18% | +0.00 |
| DECK Deckers Outdoor Corp. | Reduce -0.6% | 0.40% | +0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| CVX Chevron Corp. | Add +3.6% | 1.43% | +0.48 |
| MRK Merck & Co. Inc. | Add +0.1% | 2.56% | +0.47 |
| BP BP PLC-Spons ADR | Add +2.7% | 1.16% | +0.38 |
| VXUS Vanguard Total Intl Stock | Add +58.1% | 0.81% | +0.34 |
| TGT Target Corp. | Add +9.7% | 0.97% | +0.30 |
| XOM Exxon Mobil Corp. | Add +1.6% | 0.75% | +0.26 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +19.9% | 0.84% | +0.20 |
| DE Deere & Co. | Add +0.0% | 0.86% | +0.20 |
| PFE Pfizer Inc. | Add +0.9% | 1.04% | +0.19 |
| COST Costco Wholesale Corp. | Add +0.7% | 0.85% | +0.17 |
| MU Micron Technology Inc. | Add +45.6% | 0.36% | +0.17 |
| PEP Pepsico Inc. | Add +4.5% | 0.95% | +0.17 |
| UNP Union Pacific Corp. | Add +4.0% | 1.12% | +0.16 |
| EQNR Equinor ASA-Spon ADR | Add +77.2% | 0.18% | +0.13 |
| T AT&T Inc. | Add +1.0% | 0.54% | +0.11 |
| DELL Dell Technologies -C | New | 0.11% | +0.11 |
| NFLX Netflix Inc. | Add +6.0% | 0.63% | +0.09 |
| AEP American Electric Power | Add +10.4% | 0.29% | +0.07 |
| RIO Rio Tinto PLC-Spon ADR | Add +21.4% | 0.22% | +0.07 |
| FITB Fifth Third Bancorp | New | 0.07% | +0.07 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +6.5% | 0.63% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.0% | 1.75% | +0.07 |
| DUK Duke Energy Corp. | Add +5.7% | 0.33% | +0.07 |
| VRTX Vertex Pharmaceuticals Inc. | Add +28.8% | 0.25% | +0.06 |
| UPS United Parcel Service Class B | Add +3.2% | 0.74% | +0.06 |
| D Dominion Energy Inc. | New | 0.06% | +0.06 |
| VIG Vanguard Dividend Apprec ETF | Add +3.2% | 0.82% | +0.06 |
| GLD SPDR Gold Shares | Add +3.1% | 0.33% | +0.06 |
| IEFA iShares Core MSCI Eafe ETF | Add +11.5% | 0.31% | +0.05 |
| CLX Clorox Company | Add +14.7% | 0.25% | +0.05 |
| MPC Marathon Petroleum Corp. | New | 0.05% | +0.05 |
| BATRK Atlanta Braves Holdings in-C | Add +0.6% | 0.31% | +0.04 |
| DTM DT Midstream Inc. | New | 0.04% | +0.04 |
| VT Vanguard Tot World STK ETF | New | 0.04% | +0.04 |
| TTE Totalenergies SE | New | 0.04% | +0.04 |
| BSV Vanguard Short-Term Bond ETF | Add +0.1% | 0.49% | +0.03 |
| MDLZ Mondelez International Inc. Class A | Add +4.0% | 0.16% | +0.03 |
| AMT American Tower Corp. | Add +4.3% | 0.25% | +0.02 |
| GD General Dynamics Corp. | Add +1.3% | 0.23% | +0.02 |
| SO The Southern Co. | Add +0.1% | 0.14% | +0.02 |
| CMCSA Comcast Corp. Class A | Add +14.9% | 0.14% | +0.02 |
| NEM Newmont Corp. | Add +3.2% | 0.13% | +0.02 |
| USB US Bancorp | Add +1.5% | 0.32% | +0.02 |
| NVDA Nvidia Corp. | Add +1.1% | 1.10% | +0.01 |
| CL Colgate-Palmolive Co. | Add +5.7% | 0.08% | +0.01 |
| CTVA Corteva Inc. | Add +0.1% | 0.05% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +5.0% | 0.06% | +0.01 |
| EMR Emerson Electric Co. | Add +0.0% | 0.24% | +0.01 |
| GSK GSK PLC-Spon ADR | Add +0.1% | 0.06% | +0.01 |
| TD Toronto-Dominion Bank | Add +7.8% | 0.07% | +0.01 |
Options Activity Q4 2025 → Q1 2026
| DIS The Walt Disney Co. | call | Sold out | 1,000 | $114Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 168 | $575.2M | AAPL, MSFT, GOOGL, AMZN, ERIE |
| Q1 2026 | 170 | $525.1M | AAPL, MSFT, GOOGL, ERIE, AMZN |
| Q4 2025 | 173 | $562.5M | AAPL, MSFT, GOOGL, ERIE, AMZN |
| Q3 2025 | 167 | $534.3M | AAPL, MSFT, ERIE, GOOGL, AMZN |
| Q2 2025 | 169 | $508.7M | MSFT, AAPL, ERIE, V, AMZN |
| Q1 2025 | 177 | $489.5M | AAPL, MSFT, ERIE, V, AMZN |
| Q4 2024 | 185 | $523.0M | AAPL, MSFT, ERIE, AMZN, V |
| Q3 2024 | 179 | $573.8M | AAPL, MSFT, ERIE, AMZN, BRK.B |
| Q2 2024 | 170 | $536.4M | AAPL, MSFT, ERIE, AMZN, MRK |
| Q1 2024 | 164 | $493.0M | AAPL, MSFT, ERIE, V, MRK |