Freestone Capital Holdings, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Freestone Capital Holdings, LLC reported 438 stock positions worth $2.7 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 13.3% of the portfolio, followed by Microsoft (MSFT, 5.9%) and Nvidia (NVDA, 5.1%). Compared with Q4 2024, it opened 29 new positions, sold out of 28, added to 180 and reduced 188. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +5%) and the biggest sale Vanguard Ftse Emerging Marke (VWO, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- Seattle, WA
- CIK
- 0001470876
- Portfolio Value
- $2.7B (Q1 2025)
- SEC Filing
- 0001172661-25-001788 ↗ filed May 13, 2025
Holdings Value
Holdings 438 stocks · $2.7B
| IVV iShares Core S&P 500 ETF | 13.35% | 634,377 | $356.5M | Add +5.0% |
| MSFT Microsoft Corp. | 5.91% | 420,777 | $158.0M | Reduce -0.3% |
| NVDA Nvidia Corp. | 5.05% | 1,244,550 | $134.9M | Reduce -4.1% |
| VEA Vanguard Ftse Developed ETF | 4.63% | 2,430,697 | $123.6M | Reduce -8.9% |
| AAPL Apple Inc. | 3.74% | 449,725 | $99.9M | Reduce -5.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.16% | 150,771 | $84.3M | Reduce -3.8% |
| AMZN Amazon.com Inc. | 2.71% | 381,088 | $72.5M | Reduce -3.7% |
| BSV Vanguard Short-Term Bond ETF | 2.63% | 897,608 | $70.3M | Add +3.2% |
| AGG iShares Core U.S. Aggregate | 2.47% | 666,981 | $66.0M | Add +4.9% |
| VWO Vanguard Ftse Emerging Marke | 2.26% | 1,334,305 | $60.4M | Reduce -59.5% |
| VOO Vanguard S&P 500 ETF | 1.78% | 92,436 | $47.5M | Reduce -2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.66% | 83,029 | $44.2M | Add +0.4% |
| META Meta Platforms Inc. Class A | 1.50% | 69,543 | $40.1M | Add +6.9% |
| GOOGL Alphabet Inc. Class A | 1.48% | 255,868 | $39.6M | Reduce -2.6% |
| COST Costco Wholesale Corp. | 1.39% | 39,385 | $37.2M | Add +0.6% |
| NKE Nike Inc. Class B | 1.22% | 515,163 | $32.7M | Reduce -0.8% |
| JPM JPMorgan Chase & Co. | 0.96% | 104,024 | $25.5M | Reduce -3.8% |
| AVGO Broadcom Inc. | 0.92% | 147,269 | $24.7M | Add +3.8% |
| V Visa Inc. Class A | 0.90% | 68,660 | $24.1M | Reduce -5.0% |
| LLY Eli Lilly & Co. | 0.81% | 26,108 | $21.6M | Reduce -5.4% |
| CRM Salesforce Inc. | 0.78% | 77,415 | $20.8M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 0.78% | 174,485 | $20.8M | Reduce -0.6% |
| IWF iShares Russell 1000 Growth | 0.69% | 50,811 | $18.3M | Reduce -10.9% |
| UNP Union Pacific Corp. | 0.69% | 77,545 | $18.3M | Add +3.3% |
| ABT Abbott Laboratories | 0.68% | 137,891 | $18.3M | Add +0.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.68% | 38,812 | $18.2M | Reduce -6.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.67% | 65,324 | $18.0M | Reduce -1.4% |
| HD Home Depot Inc. | 0.66% | 48,436 | $17.8M | Add +0.8% |
| SUB iShares Short-Term National | 0.62% | 156,122 | $16.5M | Add +4.2% |
| MA Mastercard Inc. Class A | 0.62% | 30,015 | $16.5M | Reduce -0.3% |
| ORCL Oracle Corp. | 0.59% | 112,364 | $15.7M | Add +2.9% |
| OKTA Okta Inc. | 0.55% | 139,968 | $14.7M | Add +0.0% |
| ABBV Abbvie Inc. | 0.54% | 68,263 | $14.3M | Add +3.9% |
| TMO Thermo Fisher Scientific Inc. | 0.51% | 27,364 | $13.6M | Add +4.5% |
| QCOM Qualcomm Inc. | 0.50% | 87,738 | $13.5M | Reduce -5.1% |
| MUB iShares National Muni Bond E | 0.50% | 126,542 | $13.3M | Add +4.2% |
| KLAC KLA Corp. | 0.48% | 18,805 | $12.8M | Add +8.3% |
| ACN Accenture PLC Class A | 0.48% | 40,910 | $12.8M | Add +0.5% |
| WFC Wells Fargo & Co. | 0.48% | 177,068 | $12.7M | Reduce -6.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.47% | 166,114 | $12.6M | Reduce -0.5% |
| CMCSA Comcast Corp. Class A | 0.47% | 339,554 | $12.5M | Add +7.1% |
| PG The Procter & Gamble Co. | 0.47% | 73,181 | $12.5M | Reduce -2.9% |
| UNH Unitedhealth Group Inc. | 0.46% | 23,708 | $12.4M | Reduce -32.5% |
| NEE Nextera Energy Inc. | 0.46% | 173,837 | $12.3M | Add +8.9% |
| EFA iShares MSCI Eafe ETF | 0.45% | 146,946 | $12.0M | Reduce -4.9% |
| TSLA Tesla Inc. | 0.44% | 45,795 | $11.9M | Add +1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.43% | 273,049 | $11.4M | Reduce -0.8% |
| CI The Cigna Group | 0.41% | 33,635 | $11.1M | Add +4.2% |
| ITOT iShares Core S&P Total U.S. | 0.41% | 90,524 | $11.0M | Reduce -1.9% |
| EEM iShares MSCI Emerging Market | 0.39% | 238,904 | $10.4M | Reduce -3.5% |
| GOOG Alphabet Inc. Class C | 0.37% | 63,751 | $10.0M | Reduce -21.9% |
| CAT Caterpillar Inc. | 0.37% | 29,630 | $9.8M | Add +1.8% |
| MCK McKesson Corp. | 0.36% | 14,123 | $9.5M | Add +2.4% |
| XLRE SS Real Estate Select Sector | 0.36% | 226,910 | $9.5M | Reduce -2.8% |
| JNJ Johnson & Johnson | 0.35% | 55,974 | $9.3M | Reduce -6.5% |
| CVX Chevron Corp. | 0.34% | 53,853 | $9.0M | Reduce -8.1% |
| ADBE Adobe Inc. | 0.33% | 22,799 | $8.7M | Add +11.2% |
| AMAT Applied Materials Inc. | 0.31% | 57,863 | $8.4M | Add +25.5% |
| NFLX Netflix Inc. | 0.31% | 8,985 | $8.4M | Add +2.2% |
| WMT Walmart Inc. | 0.31% | 94,858 | $8.3M | Reduce -2.1% |
| RTX RTX Corp. | 0.31% | 62,352 | $8.3M | Add +2.3% |
| ETN Eaton Corp. PLC | 0.30% | 29,223 | $7.9M | Reduce -0.1% |
| CAH Cardinal Health Inc. | 0.30% | 57,615 | $7.9M | Add +3.5% |
| VNQ Vanguard Real Estate ETF | 0.28% | 82,996 | $7.5M | Add +4.8% |
| KO The Coca-Cola Co. | 0.27% | 101,413 | $7.3M | Add +2.4% |
| CSCO Cisco Systems Inc. | 0.27% | 117,234 | $7.2M | Reduce -1.1% |
| PM Philip Morris International | 0.27% | 44,849 | $7.1M | Add +3.5% |
| MCD McDonald's Corp. | 0.25% | 21,573 | $6.7M | Add +2.3% |
| HON Honeywell International Inc. | 0.25% | 31,341 | $6.6M | Add +2.1% |
| IWP iShares Russell Mid-Cap Grow | 0.24% | 55,691 | $6.5M | Reduce -15.7% |
| TRV The Travelers Cos Inc. | 0.24% | 24,446 | $6.5M | Add +1.5% |
| MRK Merck & Co. Inc. | 0.24% | 71,741 | $6.4M | Add +0.9% |
| LIN Linde PLC | 0.24% | 13,765 | $6.4M | Add +3.4% |
| PANW Palo Alto Networks Inc. | 0.24% | 37,161 | $6.3M | Add +169.9% |
| AXP American Express Co. | 0.23% | 23,281 | $6.3M | Add +0.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.23% | 103,194 | $6.3M | Reduce -2.5% |
| SCHZ Schwab US Aggregate Bond ETF | 0.23% | 266,167 | $6.2M | Reduce -6.4% |
| ZTS Zoetis Inc. | 0.23% | 36,940 | $6.1M | Add +6.3% |
| LMT Lockheed Martin Corp. | 0.22% | 13,287 | $5.9M | Add +5.5% |
| DE Deere & Co. | 0.22% | 12,568 | $5.9M | Add +0.0% |
| SPGI S&P Global Inc. | 0.22% | 11,607 | $5.9M | Add +0.9% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.22% | 5,884 | $5.8M | Add +1.7% |
| SBUX Starbucks Corp. | 0.21% | 58,022 | $5.7M | Add +1.1% |
| ADP Automatic Data Processing | 0.20% | 17,445 | $5.3M | Add +0.7% |
| TXN Texas Instruments Inc. | 0.20% | 29,645 | $5.3M | Reduce -59.7% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.19% | 64,332 | $5.1M | Reduce -1.5% |
| GLD SPDR Gold Shares | 0.19% | 17,548 | $5.1M | Add +10.4% |
| SNA Snap-on Inc. | 0.19% | 14,763 | $5.0M | Reduce -0.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.18% | 21,377 | $4.7M | Add +9.7% |
| VZ Verizon Communications Inc. | 0.17% | 102,744 | $4.7M | Add +2.0% |
| MO Altria Group Inc. | 0.17% | 73,692 | $4.4M | Add +0.4% |
| ESGV Vanguard ESG US Stock ETF | 0.16% | 44,784 | $4.4M | Reduce -1.1% |
| T AT&T Inc. | 0.16% | 154,982 | $4.4M | Add +4.3% |
| ALL Allstate Corp. | 0.16% | 21,116 | $4.4M | Add +2.1% |
| DHI D.R. Horton Inc. | 0.16% | 33,889 | $4.3M | Add +10.3% |
| AFL Aflac Inc. | 0.16% | 38,644 | $4.3M | Add +5.2% |
| MMM 3M Co. | 0.16% | 29,248 | $4.3M | Reduce -3.0% |
| SHW The Sherwin-Williams Co. | 0.16% | 12,021 | $4.2M | Add +0.1% |
| COP Conocophillips | 0.16% | 39,862 | $4.2M | Reduce -2.7% |
| AUR Aurora Innovation Inc. | 0.15% | 611,238 | $4.1M | No change |
Options reported separately and not counted above: NVDA puts ($7.9M), TSLA calls ($985K), NVDA calls ($954K), AMZN puts ($381K), MSFT puts ($150K), AMD calls ($21K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $4K (not counted above)
Total filed on the 13F, all lines: $2.7B.
Portfolio Sells Q4 2024 → Q1 2025
| VWO Vanguard Ftse Emerging Marke | Reduce -59.5% | 2.26% | −2.76 |
| NVDA Nvidia Corp. | Reduce -4.1% | 5.05% | −0.98 |
| AAPL Apple Inc. | Reduce -5.0% | 3.74% | −0.36 |
| AMZN Amazon.com Inc. | Reduce -3.7% | 2.71% | −0.29 |
| TXN Texas Instruments Inc. | Reduce -59.7% | 0.20% | −0.28 |
| COR Cencora Inc. | Sold out | 0.00% | −0.25 |
| MSFT Microsoft Corp. | Reduce -0.3% | 5.91% | −0.24 |
| GOOGL Alphabet Inc. Class A | Reduce -2.6% | 1.48% | −0.24 |
| GOOG Alphabet Inc. Class C | Reduce -21.9% | 0.37% | −0.16 |
| UNH Unitedhealth Group Inc. | Reduce -32.5% | 0.46% | −0.15 |
| NKE Nike Inc. Class B | Reduce -0.8% | 1.22% | −0.13 |
| BEN Franklin Templeton Inc. | Reduce -94.6% | 0.01% | −0.13 |
| CRM Salesforce Inc. | Reduce -0.7% | 0.78% | −0.12 |
| IWF iShares Russell 1000 Growth | Reduce -10.9% | 0.69% | −0.11 |
| ET Energy Transfer LP | Reduce -92.1% | 0.01% | −0.09 |
| BMY Bristol-Myers Squibb Co. | Reduce -67.4% | 0.04% | −0.06 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -6.3% | 0.68% | −0.05 |
| TMUS T-Mobile US Inc. | Reduce -70.6% | 0.03% | −0.05 |
| BXP BXP Inc. | Sold out | 0.00% | −0.05 |
| PYPL PayPal Holdings Inc. | Reduce -19.8% | 0.09% | −0.05 |
| IWP iShares Russell Mid-Cap Grow | Reduce -15.7% | 0.24% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -32.0% | 0.06% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -0.1% | 0.30% | −0.04 |
| CPT Camden Property Trust | Reduce -40.7% | 0.07% | −0.03 |
| TGT Target Corp. | Reduce -0.9% | 0.14% | −0.03 |
| AFRM Affirm Holdings Inc. | Sold out | 0.00% | −0.03 |
| ADI Analog Devices Inc. | Reduce -25.4% | 0.08% | −0.03 |
| ULTA Ulta Beauty Inc. | Reduce -10.3% | 0.11% | −0.03 |
| RBLX Roblox Corp. Class A | Reduce -31.8% | 0.07% | −0.02 |
| HUBB Hubbell Inc. | Reduce -57.1% | 0.01% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.8% | 3.16% | −0.02 |
| COIN Coinbase Global Inc. Class A | Reduce -8.6% | 0.05% | −0.02 |
| KRC Kilroy Realty Corp. | Reduce -33.3% | 0.03% | −0.02 |
| NTAP Netapp Inc. | Reduce -12.4% | 0.05% | −0.02 |
| TCAF T Rowe PRC Cap Appreciation | Sold out | 0.00% | −0.02 |
| DIS The Walt Disney Co. | Reduce -10.3% | 0.12% | −0.02 |
| GDX Vaneck Gold Miners ETF | Reduce -76.0% | 0.01% | −0.02 |
| BABA Alibaba Group Holding-SP ADR | Reduce -81.9% | 0.01% | −0.02 |
| SCHD Schwab US DVD Equity ETF | Reduce -43.7% | 0.03% | −0.02 |
| HAL Halliburton Co. | Sold out | 0.00% | −0.02 |
| BALL Ball Corp. | Reduce -19.7% | 0.08% | −0.02 |
| VALE Vale SA-SP ADR | Sold out | 0.00% | −0.01 |
| LEA Lear Corp. | Sold out | 0.00% | −0.01 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -45.4% | 0.02% | −0.01 |
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −0.01 |
| SOFI Sofi Technologies Inc. | Reduce -35.9% | 0.01% | −0.01 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.01 |
| BBY Best Buy Co. Inc. | Reduce -48.3% | 0.01% | −0.01 |
| BX Blackstone Inc. | Reduce -5.5% | 0.05% | −0.01 |
| KOF Coca-Cola Femsa Sab-SP ADR | Reduce -49.2% | 0.02% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| IVV iShares Core S&P 500 ETF | Add +5.0% | 13.35% | +1.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.4% | 1.66% | +0.36 |
| AGG iShares Core U.S. Aggregate | Add +4.9% | 2.47% | +0.34 |
| BSV Vanguard Short-Term Bond ETF | Add +3.2% | 2.63% | +0.31 |
| META Meta Platforms Inc. Class A | Add +6.9% | 1.50% | +0.18 |
| OKTA Okta Inc. | Add +0.0% | 0.55% | +0.17 |
| COST Costco Wholesale Corp. | Add +0.6% | 1.39% | +0.15 |
| PANW Palo Alto Networks Inc. | Add +169.9% | 0.24% | +0.15 |
| ABT Abbott Laboratories | Add +0.1% | 0.68% | +0.15 |
| ABBV Abbvie Inc. | Add +3.9% | 0.54% | +0.13 |
| AMD Advanced Micro Devices | Add +548.0% | 0.14% | +0.12 |
| CI The Cigna Group | Add +4.2% | 0.41% | +0.11 |
| HAS Hasbro Inc. | New | 0.10% | +0.10 |
| MRVL Marvell Technology Inc. | New | 0.10% | +0.10 |
| KLAC KLA Corp. | Add +8.3% | 0.48% | +0.10 |
| UNP Union Pacific Corp. | Add +3.3% | 0.69% | +0.09 |
| VGK Vanguard Ftse Europe ETF | New | 0.09% | +0.09 |
| EXPE Expedia Group Inc. | Add +635.9% | 0.10% | +0.09 |
| PM Philip Morris International | Add +3.5% | 0.27% | +0.09 |
| MCK McKesson Corp. | Add +2.4% | 0.36% | +0.08 |
| SUB iShares Short-Term National | Add +4.2% | 0.62% | +0.07 |
| CAH Cardinal Health Inc. | Add +3.5% | 0.30% | +0.07 |
| NEE Nextera Energy Inc. | Add +8.9% | 0.46% | +0.07 |
| RTX RTX Corp. | Add +2.3% | 0.31% | +0.07 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.06% | +0.06 |
| KO The Coca-Cola Co. | Add +2.4% | 0.27% | +0.06 |
| CMCSA Comcast Corp. Class A | Add +7.1% | 0.47% | +0.06 |
| GLD SPDR Gold Shares | Add +10.4% | 0.19% | +0.06 |
| AMAT Applied Materials Inc. | Add +25.5% | 0.31% | +0.06 |
| MUB iShares National Muni Bond E | Add +4.2% | 0.50% | +0.05 |
| OXFORD LANE CAP CORP | New | 0.05% | +0.05 |
| LIN Linde PLC | Add +3.4% | 0.24% | +0.05 |
| T AT&T Inc. | Add +4.3% | 0.16% | +0.05 |
| NFLX Netflix Inc. | Add +2.2% | 0.31% | +0.04 |
| TRV The Travelers Cos Inc. | Add +1.5% | 0.24% | +0.04 |
| JD Jd.com Inc.-ADR | New | 0.04% | +0.04 |
| MCD McDonald's Corp. | Add +2.3% | 0.25% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | Add +4.5% | 0.51% | +0.04 |
| BIDU Baidu Inc. - Spon ADR | New | 0.04% | +0.04 |
| ECC Eagle Point Credit Co. | Add +57.9% | 0.11% | +0.04 |
| VNQ Vanguard Real Estate ETF | Add +4.8% | 0.28% | +0.04 |
| DE Deere & Co. | Add +0.0% | 0.22% | +0.04 |
| AZO AutoZone Inc. | Add +1.5% | 0.15% | +0.04 |
| VZ Verizon Communications Inc. | Add +2.0% | 0.17% | +0.04 |
| MO Altria Group Inc. | Add +0.4% | 0.17% | +0.03 |
| SBUX Starbucks Corp. | Add +1.1% | 0.21% | +0.03 |
| ZTS Zoetis Inc. | Add +6.3% | 0.23% | +0.03 |
| IAU iShares Gold Trust | Add +57.8% | 0.06% | +0.03 |
| AFL Aflac Inc. | Add +5.2% | 0.16% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +56.2% | 0.07% | +0.03 |
Options Activity Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | put | Add +8770.0% | 73,000 | $7.9M |
| TSLA Tesla Inc. | call | Add +14515.4% | 3,800 | $985K |
| NVDA Nvidia Corp. | call | Add +10376.2% | 8,800 | $954K |
| AMZN Amazon.com Inc. | put | Add +1734.9% | 2,000 | $381K |
| MSFT Microsoft Corp. | put | Add +9900.0% | 400 | $150K |
| AMD Advanced Micro Devices | call | Add +9900.0% | 200 | $21K |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 5 | $570before exit |
| GOOG Alphabet Inc. Class C | put | Sold out | 30 | $105before exit |
| TSLA Tesla Inc. | put | Sold out | 4 | $12before exit |
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
| SDAWW Suncar Technology Group -28 | *W EXP 05/17/202 | New | 15,000 | $3K |
| LSEAW Landsea Homes Corp.-CW23 | *W EXP 01/08/202 | Sold out | 17,000 | $2Kbefore exit |
| AP.WS Ampco-Pittsburgh Corp. -CW25 | *W EXP 08/01/202 | Sold out | 10,000 | $900before exit |
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 | 581 | $3.8B | IVV, VEA, MSFT, AAPL, NVDA |
| Q1 2026 | 527 | $3.3B | IVV, VEA, MSFT, NVDA, AAPL |
| Q4 2025 | 525 | $3.4B | IVV, MSFT, VEA, NVDA, AAPL |
| Q3 2025 | 524 | $3.3B | IVV, MSFT, VEA, NVDA, AAPL |
| Q2 2025 | 449 | $2.9B | IVV, MSFT, VEA, NVDA, AAPL |
| Q1 2025 | 438 | $2.7B | IVV, MSFT, NVDA, VEA, AAPL |
| Q4 2024 | 437 | $2.9B | IVV, MSFT, NVDA, VWO, VEA |
| Q3 2024 | 432 | $2.9B | IVV, MSFT, NVDA, VEA, JAAA |
| Q2 2024Amended | 453 | $2.8B | IVV, MSFT, NVDA, JAAA, VEA |
| Q1 2024Amended | 439 | $2.7B | IVV, MSFT, JAAA, NVDA, VEA |