Freestone Capital Holdings, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Freestone Capital Holdings, LLC reported 449 stock positions worth $2.9 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 13.8% of the portfolio, followed by Microsoft (MSFT, 7.0%) and Vanguard Ftse Developed ETF (VEA, 5.2%). Compared with Q1 2025, it opened 40 new positions, sold out of 29, added to 144 and reduced 218. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +11%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- Seattle, WA
- CIK
- 0001470876
- Portfolio Value
- $2.9B (Q2 2025)
- SEC Filing
- 0001172661-25-002886 ↗ filed Aug 5, 2025
Holdings Value
Holdings 449 stocks · $2.9B
| IVV iShares Core S&P 500 ETF | 13.77% | 652,262 | $405.0M | Add +2.8% |
| MSFT Microsoft Corp. | 7.02% | 414,977 | $206.4M | Reduce -1.4% |
| VEA Vanguard Ftse Developed ETF | 5.25% | 2,707,671 | $154.4M | Add +11.4% |
| NVDA Nvidia Corp. | 5.24% | 974,439 | $154.0M | Reduce -21.7% |
| AAPL Apple Inc. | 3.40% | 487,468 | $100.0M | Add +8.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.02% | 143,831 | $88.9M | Reduce -4.6% |
| AMZN Amazon.com Inc. | 2.87% | 384,823 | $84.4M | Add +1.0% |
| BSV Vanguard Short-Term Bond ETF | 2.47% | 921,258 | $72.5M | Add +2.6% |
| AGG iShares Core U.S. Aggregate | 2.34% | 692,660 | $68.7M | Add +3.9% |
| VWO Vanguard Ftse Emerging Marke | 2.13% | 1,266,376 | $62.6M | Reduce -5.1% |
| VOO Vanguard S&P 500 ETF | 1.80% | 93,061 | $52.9M | Add +0.7% |
| META Meta Platforms Inc. Class A | 1.58% | 62,821 | $46.4M | Reduce -9.7% |
| GOOGL Alphabet Inc. Class A | 1.49% | 249,387 | $43.9M | Reduce -2.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.35% | 81,680 | $39.7M | Reduce -1.6% |
| COST Costco Wholesale Corp. | 1.31% | 38,845 | $38.5M | Reduce -1.4% |
| NKE Nike Inc. Class B | 1.26% | 520,714 | $37.0M | Add +1.1% |
| AVGO Broadcom Inc. | 1.24% | 132,036 | $36.4M | Reduce -10.3% |
| JPM JPMorgan Chase & Co. | 0.98% | 99,610 | $28.9M | Reduce -4.2% |
| ORCL Oracle Corp. | 0.85% | 113,696 | $24.9M | Add +1.2% |
| CRM Salesforce Inc. | 0.76% | 82,278 | $22.4M | Add +6.3% |
| V Visa Inc. Class A | 0.76% | 63,025 | $22.4M | Reduce -8.2% |
| LLY Eli Lilly & Co. | 0.73% | 27,426 | $21.4M | Add +5.0% |
| IWF iShares Russell 1000 Growth | 0.73% | 50,338 | $21.4M | Reduce -0.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.67% | 65,200 | $19.8M | Reduce -0.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.66% | 35,424 | $19.5M | Reduce -8.7% |
| UNP Union Pacific Corp. | 0.63% | 80,243 | $18.5M | Add +3.5% |
| KLAC KLA Corp. | 0.60% | 19,862 | $17.8M | Add +5.6% |
| XOM Exxon Mobil Corp. | 0.59% | 161,399 | $17.4M | Reduce -7.5% |
| ABT Abbott Laboratories | 0.59% | 127,449 | $17.3M | Reduce -7.6% |
| SUB iShares Short-Term National | 0.57% | 156,443 | $16.6M | Add +0.2% |
| QCOM Qualcomm Inc. | 0.52% | 95,707 | $15.2M | Add +9.1% |
| MA Mastercard Inc. Class A | 0.51% | 26,826 | $15.1M | Reduce -10.6% |
| HD Home Depot Inc. | 0.51% | 40,766 | $14.9M | Reduce -15.8% |
| TSLA Tesla Inc. | 0.49% | 45,413 | $14.4M | Reduce -0.8% |
| TTAN Servicetitan Inc. Class A | 0.48% | 131,329 | $14.1M | New |
| OKTA Okta Inc. | 0.46% | 134,926 | $13.5M | Reduce -3.6% |
| MUB iShares National Muni Bond E | 0.45% | 127,881 | $13.4M | Add +1.1% |
| WFC Wells Fargo & Co. | 0.44% | 160,209 | $12.8M | Reduce -9.5% |
| ABBV Abbvie Inc. | 0.43% | 67,543 | $12.5M | Reduce -1.1% |
| EFA iShares MSCI Eafe ETF | 0.43% | 139,938 | $12.5M | Reduce -4.8% |
| ACN Accenture PLC Class A | 0.42% | 41,818 | $12.5M | Add +2.2% |
| PG The Procter & Gamble Co. | 0.42% | 77,787 | $12.4M | Add +6.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.42% | 261,585 | $12.4M | Reduce -4.2% |
| NFLX Netflix Inc. | 0.41% | 9,025 | $12.1M | Add +0.5% |
| TMO Thermo Fisher Scientific Inc. | 0.40% | 29,135 | $11.8M | Add +6.5% |
| CAT Caterpillar Inc. | 0.40% | 30,284 | $11.8M | Add +2.2% |
| ITOT iShares Core S&P Total U.S. | 0.39% | 84,491 | $11.4M | Reduce -6.7% |
| AMAT Applied Materials Inc. | 0.39% | 61,959 | $11.3M | Add +7.1% |
| CI The Cigna Group | 0.38% | 33,481 | $11.1M | Reduce -0.5% |
| EEM iShares MSCI Emerging Market | 0.37% | 224,029 | $10.8M | Reduce -6.2% |
| GOOG Alphabet Inc. Class C | 0.36% | 60,327 | $10.7M | Reduce -5.4% |
| UNH Unitedhealth Group Inc. | 0.35% | 33,040 | $10.3M | Add +39.4% |
| XLRE SS Real Estate Select Sector | 0.34% | 241,284 | $10.0M | Add +6.3% |
| ETN Eaton Corp. PLC | 0.34% | 27,597 | $9.9M | Reduce -5.6% |
| RTX RTX Corp. | 0.32% | 64,583 | $9.4M | Add +3.6% |
| CAH Cardinal Health Inc. | 0.32% | 55,927 | $9.4M | Reduce -2.9% |
| WMT Walmart Inc. | 0.32% | 95,987 | $9.4M | Add +1.2% |
| CMCSA Comcast Corp. Class A | 0.32% | 261,428 | $9.3M | Reduce -23.0% |
| MCK McKesson Corp. | 0.31% | 12,447 | $9.1M | Reduce -11.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.31% | 108,122 | $9.0M | Reduce -34.9% |
| NEE Nextera Energy Inc. | 0.30% | 126,799 | $8.8M | Reduce -27.1% |
| CSCO Cisco Systems Inc. | 0.28% | 120,179 | $8.3M | Add +2.5% |
| ADBE Adobe Inc. | 0.28% | 21,183 | $8.2M | Reduce -7.1% |
| CVX Chevron Corp. | 0.27% | 55,218 | $7.9M | Add +2.5% |
| PM Philip Morris International | 0.26% | 42,482 | $7.7M | Reduce -5.3% |
| IWP iShares Russell Mid-Cap Grow | 0.26% | 55,091 | $7.6M | Reduce -1.1% |
| JNJ Johnson & Johnson | 0.26% | 49,527 | $7.6M | Reduce -11.5% |
| PANW Palo Alto Networks Inc. | 0.26% | 36,709 | $7.5M | Reduce -1.2% |
| ISRG Intuitive Surgical Inc. | 0.26% | 13,800 | $7.5M | Add +90.1% |
| AXP American Express Co. | 0.25% | 23,125 | $7.4M | Reduce -0.7% |
| HON Honeywell International Inc. | 0.25% | 30,978 | $7.2M | Reduce -1.2% |
| TGT Target Corp. | 0.24% | 71,309 | $7.0M | Add +92.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.23% | 102,709 | $6.9M | Reduce -0.5% |
| MRK Merck & Co. Inc. | 0.23% | 84,876 | $6.7M | Add +18.3% |
| LIN Linde PLC | 0.22% | 14,033 | $6.6M | Add +1.9% |
| VNQ Vanguard Real Estate ETF | 0.22% | 73,307 | $6.5M | Reduce -11.7% |
| DE Deere & Co. | 0.22% | 12,559 | $6.4M | Reduce -0.1% |
| SO The Southern Co. | 0.22% | 69,351 | $6.4M | New |
| AMD Advanced Micro Devices | 0.21% | 44,535 | $6.3M | Add +18.3% |
| ZTS Zoetis Inc. | 0.21% | 40,446 | $6.3M | Add +9.5% |
| LMT Lockheed Martin Corp. | 0.21% | 13,594 | $6.3M | Add +2.3% |
| TRV The Travelers Cos Inc. | 0.21% | 22,959 | $6.1M | Reduce -6.1% |
| APP AppLovin Corp. Class A | 0.21% | 17,507 | $6.1M | New |
| SPGI S&P Global Inc. | 0.21% | 11,492 | $6.1M | Reduce -1.0% |
| MCD McDonald's Corp. | 0.20% | 20,562 | $6.0M | Reduce -4.7% |
| KO The Coca-Cola Co. | 0.20% | 84,603 | $6.0M | Reduce -16.6% |
| TXN Texas Instruments Inc. | 0.20% | 28,087 | $5.8M | Reduce -5.3% |
| SCHZ Schwab US Aggregate Bond ETF | 0.20% | 248,152 | $5.8M | Reduce -6.8% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.19% | 5,362 | $5.6M | Reduce -8.9% |
| SBUX Starbucks Corp. | 0.17% | 54,995 | $5.0M | Reduce -5.2% |
| ADP Automatic Data Processing | 0.17% | 16,253 | $5.0M | Reduce -6.8% |
| VGT Vanguard Info Tech ETF | 0.17% | 7,486 | $5.0M | Add +6.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.16% | 20,296 | $4.8M | Reduce -5.1% |
| GLD SPDR Gold Shares | 0.16% | 15,578 | $4.7M | Reduce -11.2% |
| ACWI iShares MSCI Acwi ETF | 0.16% | 36,621 | $4.7M | Add +5.5% |
| NEM Newmont Corp. | 0.16% | 78,717 | $4.6M | Add +129.6% |
| VZ Verizon Communications Inc. | 0.16% | 105,451 | $4.6M | Add +2.6% |
| ESGV Vanguard ESG US Stock ETF | 0.15% | 41,544 | $4.6M | Reduce -7.2% |
| COP Conocophillips | 0.15% | 50,240 | $4.5M | Add +26.0% |
| SNA Snap-on Inc. | 0.15% | 14,410 | $4.5M | Reduce -2.4% |
Options reported separately and not counted above: NVDA puts ($20.1M), GLDI calls ($1.3M), TSLA calls ($1.2M), NVDA calls ($916K), GLD calls ($61K), AMD calls ($57K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $1K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SDAWW Suncar Technology Group -28 | *W EXP 05/17/202 | 15,000 | $1K | No change |
Total filed on the 13F, all lines: $2.9B.
Portfolio Sells Q1 2025 → Q2 2025
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.6% | 1.35% | −0.31 |
| XOM Exxon Mobil Corp. | Reduce -7.5% | 0.59% | −0.19 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -34.9% | 0.31% | −0.16 |
| NEE Nextera Energy Inc. | Reduce -27.1% | 0.30% | −0.16 |
| HD Home Depot Inc. | Reduce -15.8% | 0.51% | −0.16 |
| CMCSA Comcast Corp. Class A | Reduce -23.0% | 0.32% | −0.15 |
| V Visa Inc. Class A | Reduce -8.2% | 0.76% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.6% | 3.02% | −0.14 |
| VWO Vanguard Ftse Emerging Marke | Reduce -5.1% | 2.13% | −0.13 |
| ABBV Abbvie Inc. | Reduce -1.1% | 0.43% | −0.11 |
| MA Mastercard Inc. Class A | Reduce -10.6% | 0.51% | −0.10 |
| ABT Abbott Laboratories | Reduce -7.6% | 0.59% | −0.10 |
| OKTA Okta Inc. | Reduce -3.6% | 0.46% | −0.09 |
| MRVL Marvell Technology Inc. | Reduce -91.6% | 0.01% | −0.09 |
| JNJ Johnson & Johnson | Reduce -11.5% | 0.26% | −0.09 |
| HES Hess Corp. | Sold out | 0.00% | −0.09 |
| COST Costco Wholesale Corp. | Reduce -1.4% | 1.31% | −0.09 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -42.0% | 0.10% | −0.09 |
| LULU Lululemon Athletica Inc. | Reduce -80.3% | 0.01% | −0.08 |
| BALL Ball Corp. | Reduce -90.2% | 0.01% | −0.07 |
| ADI Analog Devices Inc. | Reduce -83.4% | 0.01% | −0.07 |
| RSP Invesco S&P 500 Equal Weight | Reduce -81.1% | 0.01% | −0.07 |
| KO The Coca-Cola Co. | Reduce -16.6% | 0.20% | −0.07 |
| VGK Vanguard Ftse Europe ETF | Reduce -75.3% | 0.02% | −0.07 |
| VNQ Vanguard Real Estate ETF | Reduce -11.7% | 0.22% | −0.06 |
| ADBE Adobe Inc. | Reduce -7.1% | 0.28% | −0.05 |
| MCD McDonald's Corp. | Reduce -4.7% | 0.20% | −0.05 |
| DOCU Docusign Inc. | Reduce -67.2% | 0.02% | −0.05 |
| AUR Aurora Innovation Inc. | Reduce -2.4% | 0.11% | −0.05 |
| MCK McKesson Corp. | Reduce -11.9% | 0.31% | −0.05 |
| SBUX Starbucks Corp. | Reduce -5.2% | 0.17% | −0.04 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.04 |
| WFC Wells Fargo & Co. | Reduce -9.5% | 0.44% | −0.04 |
| PFE Pfizer Inc. | Reduce -20.7% | 0.09% | −0.04 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −0.04 |
| CI The Cigna Group | Reduce -0.5% | 0.38% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -81.7% | 0.01% | −0.04 |
| ECC Eagle Point Credit Co. | Reduce -25.0% | 0.07% | −0.04 |
| AMGN Amgen Inc. | Reduce -10.3% | 0.10% | −0.04 |
| C Citigroup Inc. | Reduce -42.0% | 0.06% | −0.04 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -6.8% | 0.20% | −0.03 |
| SNA Snap-on Inc. | Reduce -2.4% | 0.15% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -10.1% | 0.12% | −0.03 |
| TRV The Travelers Cos Inc. | Reduce -6.1% | 0.21% | −0.03 |
| GIS General Mills Inc. | Reduce -5.0% | 0.10% | −0.03 |
| ALL Allstate Corp. | Reduce -9.4% | 0.13% | −0.03 |
| CL Colgate-Palmolive Co. | Reduce -11.0% | 0.12% | −0.03 |
| AFL Aflac Inc. | Reduce -7.4% | 0.13% | −0.03 |
| MO Altria Group Inc. | Reduce -7.7% | 0.14% | −0.03 |
| ADP Automatic Data Processing | Reduce -6.8% | 0.17% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| VEA Vanguard Ftse Developed ETF | Add +11.4% | 5.25% | +0.62 |
| TTAN Servicetitan Inc. Class A | New | 0.48% | +0.48 |
| IVV iShares Core S&P 500 ETF | Add +2.8% | 13.77% | +0.43 |
| ORCL Oracle Corp. | Add +1.2% | 0.85% | +0.26 |
| SO The Southern Co. | New | 0.22% | +0.22 |
| APP AppLovin Corp. Class A | New | 0.21% | +0.21 |
| AMZN Amazon.com Inc. | Add +1.0% | 2.87% | +0.16 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.14% | +0.14 |
| KLAC KLA Corp. | Add +5.6% | 0.60% | +0.13 |
| ISRG Intuitive Surgical Inc. | Add +90.1% | 0.26% | +0.12 |
| COLD Americold Realty Trust Inc. | New | 0.10% | +0.10 |
| NFLX Netflix Inc. | Add +0.5% | 0.41% | +0.10 |
| TGT Target Corp. | Add +92.6% | 0.24% | +0.09 |
| NEM Newmont Corp. | Add +129.6% | 0.16% | +0.09 |
| AMAT Applied Materials Inc. | Add +7.1% | 0.39% | +0.07 |
| HPE Hewlett Packard Enterprise | Add +367.2% | 0.09% | +0.07 |
| AMD Advanced Micro Devices | Add +18.3% | 0.21% | +0.07 |
| OXY Occidental Petroleum Corp. | Add +521.0% | 0.07% | +0.05 |
| HUDSON PAC PPTYS INC | New | 0.05% | +0.05 |
| COR Cencora Inc. | New | 0.05% | +0.05 |
| KRP Kimbell Royalty Partners LP | New | 0.05% | +0.05 |
| COIN Coinbase Global Inc. Class A | Add +7.3% | 0.09% | +0.05 |
| IBIT iShares Bitcoin Trust ETF | Add +52.2% | 0.10% | +0.05 |
| GLDM SPDR Gold Minishares Trust | New | 0.04% | +0.04 |
| FCX Freeport-McMoran Inc. | Add +43.3% | 0.13% | +0.04 |
| ULTA Ulta Beauty Inc. | Add +15.5% | 0.15% | +0.04 |
| PYPL PayPal Holdings Inc. | Add +35.1% | 0.13% | +0.04 |
| GPRK Geopark Ltd. | New | 0.04% | +0.04 |
| CAT Caterpillar Inc. | Add +2.2% | 0.40% | +0.03 |
| NKE Nike Inc. Class B | Add +1.1% | 1.26% | +0.03 |
| NTAP Netapp Inc. | Add +48.1% | 0.08% | +0.03 |
| AXON Axon Enterprise Inc. | Add +7.5% | 0.09% | +0.03 |
| DXCM Dexcom Inc. | Add +32.1% | 0.09% | +0.03 |
| DIS The Walt Disney Co. | Add +10.3% | 0.15% | +0.03 |
| VGT Vanguard Info Tech ETF | Add +6.4% | 0.17% | +0.03 |
| XLK SS Technology Select Sector | Add +40.7% | 0.06% | +0.02 |
| NXPI NXP Semiconductors NV | Add +17.0% | 0.13% | +0.02 |
| EA Electronic Arts Inc. | Add +38.8% | 0.07% | +0.02 |
| GEV GE Vernova Inc. | Add +2.5% | 0.05% | +0.02 |
| CWI State Street SPDR MSCI Acwi | Add +27.5% | 0.09% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +0.7% | 1.80% | +0.02 |
| STX Seagate Technology Holdings | Add +8.7% | 0.05% | +0.02 |
| ADSK Autodesk Inc. | New | 0.02% | +0.02 |
| LRCX Lam Research Corp. | Add +180.2% | 0.03% | +0.02 |
| LEA Lear Corp. | New | 0.02% | +0.02 |
| BTC Grayscale Bitcoin Mini ETF | New | 0.02% | +0.02 |
| TCBK Trico Bancshares | New | 0.02% | +0.02 |
| HAL Halliburton Co. | New | 0.02% | +0.02 |
| GE General Electric | Add +1.8% | 0.10% | +0.02 |
| ELV Elevance Health Inc. | New | 0.02% | +0.02 |
Options Activity Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | put | Add +74.3% | 127,200 | $20.1M |
| GLDI UBS AG Et GL SHR Covr Class ETN | call | New | 8,000 | $1.3M |
| NVDA Nvidia Corp. | call | Reduce -34.1% | 5,800 | $916K |
| AMZN Amazon.com Inc. | put | Sold out | 2,000 | $381Kbefore exit |
| MSFT Microsoft Corp. | put | Sold out | 400 | $150Kbefore exit |
| GLD SPDR Gold Shares | call | New | 200 | $61K |
| AMD Advanced Micro Devices | call | Add +100.0% | 400 | $57K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| OPTXW Omnilit Acquisition Class A -23 | *W EXP 99/99/999 | Sold out | 25,000 | $1Kbefore 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 |