Columbia Bank

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Columbia Bank reported 156 stock positions worth $360.0 million. Its top holding was Microsoft (MSFT) at 5.6% of the portfolio, followed by iShares MSCI Emr MRK Ex Chna (EMXC, 4.7%) and iShares 3-7 Year Treasury Bo (IEI, 4.5%). Compared with Q3 2025, it opened 6 new positions, sold out of 5, added to 35 and reduced 90. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +4%) and the biggest sale Microsoft (MSFT, shares −1%).

Most Recent 13F
Q2 2026
Location
Lake Oswego, OR
CIK
0002017259
Portfolio Value
$360.0M (Q4 2025)
SEC Filing
0002017259-26-000003 ↗ filed Feb 13, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $243.8M Q1 2024 Q2 2024: $258.4M Q2 2024 Q3 2024: $273.3M Q3 2024 Q4 2024: $289.1M Q4 2024 Q1 2025: $289.2M Q1 2025 Q2 2025: $328.3M Q2 2025 Q3 2025: $357.7M Q3 2025 Q4 2025: $360.0M $360.0M Q4 2025 Q1 2026: $350.4M Q1 2026 Q2 2026: $446.0M Q2 2026

Holdings 156 stocks · $360.0M
MSFT Microsoft Corp. 5.57% 41,472 $20.1M Reduce -1.3%
EMXC iShares MSCI Emr MRK Ex Chna 4.67% 231,470 $16.8M Add +0.3%
IEI iShares 3-7 Year Treasury Bo 4.51% 136,010 $16.2M Add +3.4%
IEMG iShares Core MSCI Emerging 4.49% 240,185 $16.1M Add +3.0%
AAPL Apple Inc. 4.44% 58,791 $16.0M Reduce -6.1%
GOOGL Alphabet Inc. Class A 4.00% 45,948 $14.4M Reduce -9.2%
IEFA iShares Core MSCI Eafe ETF 3.93% 158,157 $14.1M Add +3.6%
NVDA Nvidia Corp. 3.57% 68,972 $12.9M Reduce -8.9%
IVV iShares Core S&P 500 ETF 3.21% 16,870 $11.6M Reduce -7.2%
AMZN Amazon.com Inc. 2.83% 44,060 $10.2M Add +0.8%
JPM JPMorgan Chase & Co. 2.02% 22,540 $7.3M Reduce -2.5%
LRCX Lam Research Corp. 1.88% 39,520 $6.8M Reduce -11.9%
AGG iShares Core U.S. Aggregate 1.45% 52,131 $5.2M Reduce -8.0%
LLY Eli Lilly & Co. 1.44% 4,834 $5.2M Reduce -7.3%
CMF iShares California Muni Bond 1.29% 80,826 $4.6M Add +16.0%
DSI iShares ESG MSCI KLD 400 ETF 1.25% 34,840 $4.5M Reduce -4.9%
PH Parker Hannifin Corp. 1.20% 4,901 $4.3M Reduce -5.7%
JNJ Johnson & Johnson 1.17% 20,345 $4.2M Reduce -2.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.12% 73,006 $4.0M Reduce -3.3%
BLK BlackRock Inc. 1.09% 3,679 $3.9M Reduce -0.7%
CAT Caterpillar Inc. 1.05% 6,629 $3.8M Reduce -8.0%
ASML ASML Holding NV-NY Reg SHS 1.03% 3,474 $3.7M Reduce -3.8%
CVX Chevron Corp. 1.01% 23,753 $3.6M Reduce -0.6%
COST Costco Wholesale Corp. 1.00% 4,195 $3.6M Add +1.2%
HCA HCA Healthcare Inc. 0.97% 7,480 $3.5M Reduce -4.7%
META Meta Platforms Inc. Class A 0.96% 5,228 $3.5M Reduce -4.6%
V Visa Inc. Class A 0.94% 9,646 $3.4M Reduce -1.3%
TMO Thermo Fisher Scientific Inc. 0.91% 5,645 $3.3M Reduce -8.0%
PNC PNC Financial Services Group 0.80% 13,812 $2.9M No change
MCD McDonald's Corp. 0.80% 9,379 $2.9M Reduce -0.3%
URI United Rentals Inc. 0.76% 3,383 $2.7M Reduce -3.3%
PG The Procter & Gamble Co. 0.76% 18,964 $2.7M Add +0.1%
EFA iShares MSCI Eafe ETF 0.73% 27,306 $2.6M No change
IJJ iShares S&P Mid-Cap 400 Valu 0.72% 19,816 $2.6M Add +4.4%
MS Morgan Stanley 0.70% 14,270 $2.5M Reduce -4.2%
PEP Pepsico Inc. 0.70% 17,610 $2.5M Reduce -2.9%
DE Deere & Co. 0.68% 5,221 $2.4M Add +2.9%
CMI Cummins Inc. 0.66% 4,654 $2.4M Reduce -4.9%
GIS General Mills Inc. 0.64% 49,382 $2.3M No change
IJS iShares S&P Small-Cap 600 Va 0.63% 19,895 $2.3M Add +3.4%
SYK Stryker Corp. 0.62% 6,385 $2.2M Add +2.5%
CRM Salesforce Inc. 0.62% 8,416 $2.2M Reduce -0.1%
PANW Palo Alto Networks Inc. 0.60% 11,667 $2.1M Reduce -2.9%
VZ Verizon Communications Inc. 0.58% 51,579 $2.1M Reduce -5.3%
HD Home Depot Inc. 0.57% 5,978 $2.1M Reduce -6.1%
APD Air Products & Chemicals Inc. 0.57% 8,282 $2.0M Add +2.0%
NOW ServiceNow Inc. 0.57% 13,311 $2.0M Reduce -2.4%
AVGO Broadcom Inc. 0.56% 5,782 $2.0M Add +5.1%
ALL Allstate Corp. 0.53% 9,244 $1.9M Reduce -2.0%
ABT Abbott Laboratories 0.52% 15,070 $1.9M Add +0.3%
CRWD CrowdStrike Holdings Inc. Class A 0.52% 4,027 $1.9M Reduce -4.2%
JEPI JPMorgan Equity Premium Inco 0.52% 32,515 $1.9M Add +41.9%
PSA Public Storage 0.52% 7,163 $1.9M Add +1.9%
IJK iShares S&P Mid-Cap 400 Grow 0.48% 17,870 $1.7M Reduce -0.5%
IJT iShares S&P Small-Cap 600 GR 0.47% 12,037 $1.7M Add +3.7%
ISRG Intuitive Surgical Inc. 0.47% 2,999 $1.7M Reduce -0.4%
NSC Norfolk Southern Corp. 0.47% 5,849 $1.7M Add +2.2%
BRK.B Berkshire Hathaway Inc. Class B 0.46% 3,263 $1.6M Add +8.7%
NFLX Netflix Inc. 0.45% 17,385 $1.6M Reduce -0.6%
PCAR Paccar Inc. 0.44% 14,562 $1.6M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.44% 13,962 $1.6M Add +0.6%
MRK Merck & Co. Inc. 0.43% 14,699 $1.5M Reduce -3.3%
DDOG Datadog Inc. Class A 0.42% 11,208 $1.5M Reduce -0.8%
IWF iShares Russell 1000 Growth 0.42% 3,216 $1.5M Add +4.0%
CB Chubb Ltd. 0.42% 4,849 $1.5M Add +0.6%
REGN Regeneron Pharmaceuticals 0.42% 1,958 $1.5M Reduce -11.8%
PSX Phillips 66 0.42% 11,709 $1.5M Add +1.4%
ADSK Autodesk Inc. 0.40% 4,833 $1.4M Reduce -3.5%
MUB iShares National Muni Bond E 0.40% 13,349 $1.4M Reduce -4.8%
IJR iShares Core S&P Small-Cap E 0.40% 11,894 $1.4M Reduce -0.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.39% 2,047 $1.4M Reduce -0.5%
NEE Nextera Energy Inc. 0.38% 17,251 $1.4M Add +0.8%
ICE Intercontinental Exchange Inc. 0.35% 7,823 $1.3M Add +11.6%
IWD iShares Russell 1000 Value E 0.35% 5,954 $1.3M Add +24.2%
LHX L3HARRIS Technologies Inc. 0.35% 4,259 $1.3M Reduce -2.2%
XOM Exxon Mobil Corp. 0.33% 9,851 $1.2M No change
WMT Walmart Inc. 0.31% 10,024 $1.1M Reduce -7.5%
AMD Advanced Micro Devices 0.31% 5,154 $1.1M Reduce -6.4%
ACN Accenture PLC Class A 0.31% 4,093 $1.1M Reduce -8.4%
ADBE Adobe Inc. 0.30% 3,065 $1.1M Reduce -22.4%
VTEB Vanguard Tax-Exempt Bond ETF 0.28% 20,330 $1.0M No change
VEEV Veeva Systems Inc. Class A 0.28% 4,521 $1.0M Reduce -1.9%
AXP American Express Co. 0.27% 2,619 $969K Reduce -0.6%
DLR Digital Realty Trust Inc. 0.26% 6,114 $946K Add +2.3%
PPG PPG Industries Inc. 0.26% 9,125 $935K Reduce -16.7%
ADP Automatic Data Processing 0.25% 3,541 $911K Reduce -2.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.25% 3,030 $898K Reduce -0.9%
UNP Union Pacific Corp. 0.25% 3,873 $896K Reduce -2.6%
ORCL Oracle Corp. 0.24% 4,525 $882K Add +36.3%
PLD Prologis Inc. 0.23% 6,592 $842K Reduce -1.7%
LMT Lockheed Martin Corp. 0.23% 1,717 $830K Reduce -0.8%
C Citigroup Inc. 0.22% 6,795 $793K Reduce -11.2%
PEG Public Service Enterprise GP 0.21% 9,545 $766K Add +0.3%
IWM iShares Russell 2000 ETF 0.21% 3,049 $751K No change
GOOG Alphabet Inc. Class C 0.21% 2,379 $747K Reduce -2.3%
IJH iShares Core S&P Midcap ETF 0.21% 11,240 $742K No change
CSCO Cisco Systems Inc. 0.20% 9,167 $706K Reduce -6.6%
AMGN Amgen Inc. 0.19% 2,139 $700K No change
CCJ Cameco Corp. 0.19% 7,435 $680K Reduce -4.2%
MCK McKesson Corp. 0.18% 789 $647K Add +2.1%
IYW iShares Ustechnology ETF 0.18% 3,200 $639K No change
MU Micron Technology Inc. 0.17% 2,156 $615K Reduce -0.7%
TPR Tapestry Inc. 0.16% 4,598 $587K Reduce -12.3%
MA Mastercard Inc. Class A 0.16% 1,028 $587K Reduce -10.2%
FDX FedEx Corp. 0.15% 1,932 $558K Reduce -8.6%
MDLZ Mondelez International Inc. Class A 0.15% 10,276 $553K Reduce -1.6%
VST Vistra Corp. 0.15% 3,375 $544K Reduce -8.7%
MMM 3M Co. 0.15% 3,400 $544K No change
COP Conocophillips 0.15% 5,798 $543K Reduce -3.4%
ETN Eaton Corp. PLC 0.14% 1,635 $521K Reduce -9.8%
APO Apollo Global Management Inc. 0.14% 3,520 $510K Reduce -3.7%
RSG Republic Services Inc. 0.14% 2,396 $508K Reduce -1.1%
AEP American Electric Power 0.14% 4,357 $502K Reduce -4.6%
PHM Pultegroup Inc. 0.13% 4,056 $476K Add +1.6%
ABBV Abbvie Inc. 0.13% 2,068 $473K Reduce -16.6%
JCI Johnson Controls Internation 0.13% 3,795 $454K Reduce -15.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.12% 2,778 $427K Reduce -10.4%
MTB M & T Bank Corp. filed as M & T BK CORP 0.12% 2,110 $425K Reduce -7.2%
COLB Columbia Banking System Inc. 0.12% 15,000 $419K No change
KMB Kimberly-Clark Corp. 0.11% 4,101 $414K Add +4.0%
MDB Mongodb Inc. 0.11% 984 $413K New
BMI Badger Meter Inc. 0.11% 2,349 $410K No change
GS Goldman Sachs Group Inc. 0.11% 456 $401K Reduce -13.1%
BKNG Booking Holdings Inc. 0.11% 73 $391K Reduce -4.0%
ORLY O'reilly Automotive Inc. 0.10% 4,125 $376K Reduce -12.3%
IWB iShares Russell 1000 ETF 0.10% 997 $372K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.10% 1,270 $369K No change
PM Philip Morris International 0.10% 2,283 $366K New
SCHG Schwab US Large-Cap Growth 0.10% 10,740 $350K No change
QCOM Qualcomm Inc. 0.10% 2,017 $345K Add +0.1%
TSLA Tesla Inc. 0.09% 736 $331K Reduce -7.8%
NUE Nucor Corp. 0.09% 1,962 $320K Reduce -12.3%
DHR Danaher Corp. 0.09% 1,389 $318K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.09% 635 $310K No change
MRSH Marsh & McLennan Cos 0.09% 1,651 $306K Reduce -2.8%
BWA Borgwarner Inc. 0.08% 6,767 $305K Reduce -2.2%
XLK SS Technology Select Sector 0.08% 1,972 $284K Reduce -8.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.08% 1,439 $275K No change
VEA Vanguard Ftse Developed ETF 0.08% 4,381 $274K No change
SHY iShares 1-3 Year Treasury Bo 0.07% 3,226 $267K No change
SHYG iShares 0-5 YR HY Corp. Bond 0.07% 6,215 $266K Reduce -0.4%
STZ Constellation Brands Inc. Class A 0.07% 1,855 $256K Reduce -3.0%
TDY Teledyne Technologies Inc. 0.07% 498 $254K Add +7.6%
MDT Medtronic PLC 0.07% 2,645 $254K Reduce -4.9%
NKE Nike Inc. Class B 0.07% 3,892 $248K Reduce -35.7%
CME Cme Group Inc. 0.07% 882 $241K Reduce -3.8%
ESGD iShares Trust iShares ESG Aw 0.07% 2,469 $235K No change
EOG EOG Resources Inc. 0.06% 2,210 $232K Reduce -5.0%
CL Colgate-Palmolive Co. 0.06% 2,900 $229K No change
PFE Pfizer Inc. 0.06% 8,738 $218K Reduce -11.3%
VNQ Vanguard Real Estate ETF 0.06% 2,429 $215K New
CP Canadian Pacific Kansas City 0.06% 2,884 $212K No change
GSLC Goldman Activebeta US LC ETF 0.06% 1,592 $211K New
DTD Wisdomtree US Total Dividend 0.06% 2,400 $204K New
IVW iShares S&P 500 Growth ETF 0.06% 1,639 $202K New
GERN Geron Corp. 0.00% 10,000 $13K No change

Portfolio Sells Q3 2025 → Q4 2025
MSFT Microsoft Corp. Reduce -1.3% 5.57% −0.46
URI United Rentals Inc. Reduce -3.3% 0.76% −0.24
NVDA Nvidia Corp. Reduce -8.9% 3.57% −0.23
IVV iShares Core S&P 500 ETF Reduce -7.2% 3.21% −0.18
BLK BlackRock Inc. Reduce -0.7% 1.09% −0.15
AGG iShares Core U.S. Aggregate Reduce -8.0% 1.45% −0.15
META Meta Platforms Inc. Class A Reduce -4.6% 0.96% −0.14
NFLX Netflix Inc. Reduce -0.6% 0.45% −0.14
NOW ServiceNow Inc. Reduce -2.4% 0.57% −0.12
HD Home Depot Inc. Reduce -6.1% 0.57% −0.12
UNH Unitedhealth Group Inc. Sold out 0.00% −0.10
PANW Palo Alto Networks Inc. Reduce -2.9% 0.60% −0.10
VEEV Veeva Systems Inc. Class A Reduce -1.9% 0.28% −0.09
DDOG Datadog Inc. Class A Reduce -0.8% 0.42% −0.08
IWR iShares Russell Mid-Cap ETF Sold out 0.00% −0.08
HON Honeywell International Inc. Sold out 0.00% −0.08
MO Altria Group Inc. Sold out 0.00% −0.08
RTX RTX Corp. Sold out 0.00% −0.07
ADBE Adobe Inc. Reduce -22.4% 0.30% −0.07
VST Vistra Corp. Reduce -8.7% 0.15% −0.07
PEP Pepsico Inc. Reduce -2.9% 0.70% −0.06
AMD Advanced Micro Devices Reduce -6.4% 0.31% −0.06
CRWD CrowdStrike Holdings Inc. Class A Reduce -4.2% 0.52% −0.05
ETN Eaton Corp. PLC Reduce -9.8% 0.14% −0.05
NKE Nike Inc. Class B Reduce -35.7% 0.07% −0.05
PPG PPG Industries Inc. Reduce -16.7% 0.26% −0.04
DSI iShares ESG MSCI KLD 400 ETF Reduce -4.9% 1.25% −0.04
ADP Automatic Data Processing Reduce -2.4% 0.25% −0.04
VZ Verizon Communications Inc. Reduce -5.3% 0.58% −0.03
ADSK Autodesk Inc. Reduce -3.5% 0.40% −0.03
ORLY O'reilly Automotive Inc. Reduce -12.3% 0.10% −0.03
MDLZ Mondelez International Inc. Class A Reduce -1.6% 0.15% −0.03
ABBV Abbvie Inc. Reduce -16.6% 0.13% −0.03
MUB iShares National Muni Bond E Reduce -4.8% 0.40% −0.02
CAT Caterpillar Inc. Reduce -8.0% 1.05% −0.02
WMT Walmart Inc. Reduce -7.5% 0.31% −0.02
MA Mastercard Inc. Class A Reduce -10.2% 0.16% −0.02
CCJ Cameco Corp. Reduce -4.2% 0.19% −0.01
JCI Johnson Controls Internation Reduce -15.2% 0.13% −0.01
AEP American Electric Power Reduce -4.6% 0.14% −0.01
MRSH Marsh & McLennan Cos Reduce -2.8% 0.09% −0.01
LMT Lockheed Martin Corp. Reduce -0.8% 0.23% −0.01
CVX Chevron Corp. Reduce -0.6% 1.01% −0.01
RSG Republic Services Inc. Reduce -1.1% 0.14% −0.01
TPR Tapestry Inc. Reduce -12.3% 0.16% −0.01
TJX TJX Companies Inc. Reduce -10.4% 0.12% −0.01
XLK SS Technology Select Sector Reduce -8.9% 0.08% −0.01
PFE Pfizer Inc. Reduce -11.3% 0.06% −0.01
MCD McDonald's Corp. Reduce -0.3% 0.80% −0.01
EOG EOG Resources Inc. Reduce -5.0% 0.06% −0.01

Portfolio Buys Q3 2025 → Q4 2025
IEFA iShares Core MSCI Eafe ETF Add +3.6% 3.93% +0.19
AMZN Amazon.com Inc. Add +0.8% 2.83% +0.19
EMXC iShares MSCI Emr MRK Ex Chna Add +0.3% 4.67% +0.18
CMF iShares California Muni Bond Add +16.0% 1.29% +0.17
JEPI JPMorgan Equity Premium Inco Add +41.9% 0.52% +0.15
IEMG iShares Core MSCI Emerging Add +3.0% 4.49% +0.14
MDB Mongodb Inc. New 0.11% +0.11
PM Philip Morris International New 0.10% +0.10
IEI iShares 3-7 Year Treasury Bo Add +3.4% 4.51% +0.10
IWD iShares Russell 1000 Value E Add +24.2% 0.35% +0.07
VNQ Vanguard Real Estate ETF New 0.06% +0.06
GSLC Goldman Activebeta US LC ETF New 0.06% +0.06
DTD Wisdomtree US Total Dividend New 0.06% +0.06
IVW iShares S&P 500 Growth ETF New 0.06% +0.06
CB Chubb Ltd. Add +0.6% 0.42% +0.05
ICE Intercontinental Exchange Inc. Add +11.6% 0.35% +0.04
DE Deere & Co. Add +2.9% 0.68% +0.04
BRK.B Berkshire Hathaway Inc. Class B Add +8.7% 0.46% +0.04
IJJ iShares S&P Mid-Cap 400 Valu Add +4.4% 0.72% +0.04
IJS iShares S&P Small-Cap 600 Va Add +3.4% 0.63% +0.03
IWF iShares Russell 1000 Growth Add +4.0% 0.42% +0.02
AVGO Broadcom Inc. Add +5.1% 0.56% +0.02
IJT iShares S&P Small-Cap 600 GR Add +3.7% 0.47% +0.01
MCK McKesson Corp. Add +2.1% 0.18% +0.01
DIS The Walt Disney Co. Add +0.6% 0.44% +0.01
NSC Norfolk Southern Corp. Add +2.2% 0.47% +0.01
QCOM Qualcomm Inc. Add +0.1% 0.10% +0.00
PSX Phillips 66 Add +1.4% 0.42% +0.00
TDY Teledyne Technologies Inc. Add +7.6% 0.07% −0.00
PHM Pultegroup Inc. Add +1.6% 0.13% −0.01
PEG Public Service Enterprise GP Add +0.3% 0.21% −0.01
APD Air Products & Chemicals Inc. Add +2.0% 0.57% −0.02
KMB Kimberly-Clark Corp. Add +4.0% 0.11% −0.02
ABT Abbott Laboratories Add +0.3% 0.52% −0.02
SYK Stryker Corp. Add +2.5% 0.62% −0.02
NEE Nextera Energy Inc. Add +0.8% 0.38% −0.03
PG The Procter & Gamble Co. Add +0.1% 0.76% −0.03
DLR Digital Realty Trust Inc. Add +2.3% 0.26% −0.03
ORCL Oracle Corp. Add +36.3% 0.24% −0.04
PSA Public Storage Add +1.9% 0.52% −0.08
COST Costco Wholesale Corp. Add +1.2% 1.00% −0.10

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 165$446.0MEMXC, AGG, IEFA, IEMG, MSFT
Q1 2026 156$350.4MEMXC, IEMG, IEFA, MSFT, AAPL
Q4 2025 156$360.0MMSFT, EMXC, IEI, IEMG, AAPL
Q3 2025 155$357.7MMSFT, EMXC, IEI, AAPL, IEMG
Q2 2025 164$328.3MMSFT, IEI, EMXC, AAPL, IEMG
Q1 2025 155$289.2MMSFT, IEI, AAPL, IVV, EMXC
Q4 2024 152$289.1MMSFT, AAPL, IVV, IEI, NVDA
Q3 2024 153$273.3MMSFT, AAPL, IVV, EMXC, IEMG
Q2 2024 149$258.4MMSFT, AAPL, NVDA, TLH, IVV
Q1 2024 145$243.8MMSFT, AAPL, TLH, NVDA, EMXC