Freestone Capital Holdings, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Freestone Capital Holdings, LLC reported 524 stock positions worth $3.3 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 13.6% of the portfolio, followed by Microsoft (MSFT, 6.8%) and Vanguard Ftse Developed ETF (VEA, 5.1%). Compared with Q2 2025, it opened 93 new positions, sold out of 18, added to 231 and reduced 136. The biggest buy was Apple (AAPL, shares +8%) and the biggest sale Nvidia (NVDA, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- Seattle, WA
- CIK
- 0001470876
- Portfolio Value
- $3.3B (Q3 2025)
- SEC Filing
- 0001172661-25-004725 ↗ filed Nov 12, 2025
Holdings Value
Holdings 524 stocks · $3.3B
| IVV iShares Core S&P 500 ETF | 13.58% | 661,308 | $442.6M | Add +1.4% |
| MSFT Microsoft Corp. | 6.77% | 426,026 | $220.7M | Add +2.7% |
| VEA Vanguard Ftse Developed ETF | 5.06% | 2,752,791 | $164.9M | Add +1.7% |
| NVDA Nvidia Corp. | 4.55% | 794,359 | $148.2M | Reduce -18.5% |
| AAPL Apple Inc. | 4.10% | 525,049 | $133.7M | Add +7.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.89% | 141,577 | $94.3M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 2.56% | 379,830 | $83.4M | Reduce -1.3% |
| AGG iShares Core U.S. Aggregate | 2.37% | 770,699 | $77.3M | Add +11.3% |
| BSV Vanguard Short-Term Bond ETF | 2.28% | 941,399 | $74.3M | Add +2.2% |
| VWO Vanguard Ftse Emerging Marke | 2.13% | 1,282,714 | $69.5M | Add +1.3% |
| GOOGL Alphabet Inc. Class A | 1.90% | 255,047 | $62.0M | Add +2.3% |
| VOO Vanguard S&P 500 ETF | 1.61% | 85,610 | $52.4M | Reduce -8.0% |
| META Meta Platforms Inc. Class A | 1.47% | 65,203 | $47.9M | Add +3.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.37% | 89,098 | $44.8M | Add +9.1% |
| AVGO Broadcom Inc. | 1.36% | 134,222 | $44.3M | Add +1.7% |
| COST Costco Wholesale Corp. | 1.12% | 39,613 | $36.7M | Add +2.0% |
| NKE Nike Inc. Class B | 1.11% | 520,709 | $36.3M | Reduce 0.0% |
| ORCL Oracle Corp. | 1.02% | 118,466 | $33.3M | Add +4.2% |
| JPM JPMorgan Chase & Co. | 1.01% | 104,080 | $32.8M | Add +4.5% |
| CRM Salesforce Inc. | 0.70% | 96,216 | $22.8M | Add +16.9% |
| IWF iShares Russell 1000 Growth | 0.70% | 48,451 | $22.7M | Reduce -3.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.69% | 37,523 | $22.5M | Add +5.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.68% | 67,462 | $22.1M | Add +3.5% |
| V Visa Inc. Class A | 0.67% | 64,142 | $21.9M | Add +1.8% |
| TSLA Tesla Inc. | 0.67% | 48,793 | $21.7M | Add +7.4% |
| KLAC KLA Corp. | 0.65% | 19,629 | $21.2M | Reduce -1.2% |
| LLY Eli Lilly & Co. | 0.64% | 27,155 | $20.7M | Reduce -1.0% |
| GOOG Alphabet Inc. Class C | 0.62% | 82,406 | $20.1M | Add +36.6% |
| XOM Exxon Mobil Corp. | 0.59% | 171,287 | $19.3M | Add +6.1% |
| UNP Union Pacific Corp. | 0.59% | 81,311 | $19.2M | Add +1.3% |
| ABT Abbott Laboratories | 0.55% | 133,621 | $17.9M | Add +4.8% |
| HD Home Depot Inc. | 0.54% | 43,067 | $17.5M | Add +5.6% |
| SUB iShares Short-Term National | 0.53% | 160,498 | $17.1M | Add +2.6% |
| QCOM Qualcomm Inc. | 0.50% | 98,466 | $16.4M | Add +2.9% |
| MA Mastercard Inc. Class A | 0.50% | 28,608 | $16.3M | Add +6.6% |
| ABBV Abbvie Inc. | 0.49% | 69,458 | $16.1M | Add +2.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.45% | 285,336 | $14.7M | Add +9.1% |
| TMO Thermo Fisher Scientific Inc. | 0.45% | 30,087 | $14.6M | Add +3.3% |
| CAT Caterpillar Inc. | 0.45% | 30,541 | $14.6M | Add +0.8% |
| WFC Wells Fargo & Co. | 0.43% | 168,195 | $14.1M | Add +5.0% |
| MUB iShares National Muni Bond E | 0.43% | 131,717 | $14.0M | Add +3.0% |
| PG The Procter & Gamble Co. | 0.41% | 86,065 | $13.2M | Add +10.6% |
| APP AppLovin Corp. Class A | 0.39% | 17,548 | $12.6M | Add +0.2% |
| ITOT iShares Core S&P Total U.S. | 0.39% | 86,433 | $12.6M | Add +2.3% |
| EFA iShares MSCI Eafe ETF | 0.39% | 134,737 | $12.6M | Reduce -3.7% |
| AMAT Applied Materials Inc. | 0.38% | 60,471 | $12.4M | Reduce -2.4% |
| OKTA Okta Inc. | 0.38% | 134,911 | $12.4M | Reduce -0.0% |
| NFLX Netflix Inc. | 0.37% | 10,152 | $12.2M | Add +12.5% |
| TTAN Servicetitan Inc. Class A | 0.37% | 119,239 | $12.0M | Reduce -9.2% |
| EEM iShares MSCI Emerging Market | 0.36% | 219,888 | $11.7M | Reduce -1.9% |
| ACN Accenture PLC Class A | 0.34% | 45,518 | $11.2M | Add +8.8% |
| RTX RTX Corp. | 0.34% | 66,684 | $11.2M | Add +3.3% |
| WMT Walmart Inc. | 0.34% | 106,245 | $10.9M | Add +10.7% |
| MCK McKesson Corp. | 0.30% | 12,838 | $9.9M | Add +3.1% |
| ETN Eaton Corp. PLC | 0.30% | 26,155 | $9.8M | Reduce -5.2% |
| CI The Cigna Group | 0.30% | 33,539 | $9.7M | Add +0.2% |
| JNJ Johnson & Johnson | 0.29% | 51,267 | $9.5M | Add +3.5% |
| XLRE SS Real Estate Select Sector | 0.29% | 225,274 | $9.5M | Reduce -6.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.29% | 107,628 | $9.4M | Reduce -0.5% |
| NEE Nextera Energy Inc. | 0.29% | 123,424 | $9.3M | Reduce -2.7% |
| CVX Chevron Corp. | 0.28% | 59,056 | $9.2M | Add +7.0% |
| UNH Unitedhealth Group Inc. | 0.28% | 26,438 | $9.1M | Reduce -20.0% |
| COIN Coinbase Global Inc. Class A | 0.28% | 26,635 | $9.0M | Add +243.5% |
| CAH Cardinal Health Inc. | 0.27% | 56,957 | $8.9M | Add +1.8% |
| CSCO Cisco Systems Inc. | 0.26% | 122,298 | $8.4M | Add +1.8% |
| AMD Advanced Micro Devices | 0.24% | 49,306 | $8.0M | Add +10.7% |
| ADBE Adobe Inc. | 0.24% | 22,371 | $7.9M | Add +5.6% |
| AXP American Express Co. | 0.24% | 23,461 | $7.8M | Add +1.4% |
| GLD SPDR Gold Shares | 0.24% | 21,698 | $7.7M | Add +39.3% |
| PM Philip Morris International | 0.23% | 46,682 | $7.6M | Add +9.9% |
| IWP iShares Russell Mid-Cap Grow | 0.23% | 52,862 | $7.5M | Reduce -4.0% |
| SO The Southern Co. | 0.23% | 78,347 | $7.4M | Add +13.0% |
| MRK Merck & Co. Inc. | 0.22% | 86,415 | $7.3M | Add +1.8% |
| SPIB SS SPDR P Int C Corp. ETF | 0.22% | 213,808 | $7.2M | New |
| HON Honeywell International Inc. | 0.22% | 34,034 | $7.2M | Add +9.9% |
| PANW Palo Alto Networks Inc. | 0.22% | 35,040 | $7.1M | Reduce -4.5% |
| LMT Lockheed Martin Corp. | 0.22% | 14,206 | $7.1M | Add +4.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.22% | 98,272 | $7.0M | Reduce -4.3% |
| CMCSA Comcast Corp. Class A | 0.21% | 219,303 | $6.9M | Reduce -16.1% |
| MCD McDonald's Corp. | 0.21% | 22,568 | $6.9M | Add +9.8% |
| LIN Linde PLC | 0.21% | 14,231 | $6.8M | Add +1.4% |
| NEM Newmont Corp. | 0.20% | 79,065 | $6.7M | Add +0.4% |
| TRV The Travelers Cos Inc. | 0.20% | 23,294 | $6.5M | Add +1.5% |
| VNQ Vanguard Real Estate ETF | 0.20% | 69,565 | $6.4M | Reduce -5.1% |
| ISRG Intuitive Surgical Inc. | 0.19% | 13,998 | $6.3M | Add +1.4% |
| KO The Coca-Cola Co. | 0.19% | 92,690 | $6.1M | Add +9.6% |
| DE Deere & Co. | 0.18% | 12,559 | $5.7M | No change |
| SPGI S&P Global Inc. | 0.17% | 11,688 | $5.7M | Add +1.7% |
| ACWI iShares MSCI Acwi ETF | 0.17% | 40,963 | $5.7M | Add +11.9% |
| VGT Vanguard Info Tech ETF | 0.17% | 7,397 | $5.5M | Reduce -1.2% |
| SCHZ Schwab US Aggregate Bond ETF | 0.17% | 234,233 | $5.5M | Reduce -5.6% |
| DHI D.R. Horton Inc. | 0.17% | 32,314 | $5.5M | Reduce -0.7% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.16% | 5,565 | $5.3M | Add +3.8% |
| FCX Freeport-McMoran Inc. | 0.16% | 134,809 | $5.3M | Add +57.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.16% | 20,740 | $5.3M | Add +2.2% |
| TXN Texas Instruments Inc. | 0.16% | 28,168 | $5.2M | Add +0.3% |
| TEL Te Connectivity PLC | 0.16% | 23,279 | $5.1M | Reduce -0.5% |
| SBUX Starbucks Corp. | 0.16% | 60,179 | $5.1M | Add +9.4% |
| ADP Automatic Data Processing | 0.16% | 17,317 | $5.1M | Add +6.5% |
| ULTA Ulta Beauty Inc. | 0.15% | 9,227 | $5.0M | Reduce -3.1% |
Options reported separately and not counted above: NVDA calls ($1.3M), TSLA calls ($845K), QQQ puts ($240K), AMD calls ($146K), SMH calls ($98K), FDX puts ($94K), AMZN puts ($88K), GLD calls ($71K), MU puts ($67K), MU calls ($67K), AVGO calls ($66K), LEN calls ($50K), and 6 more.
Other holdings (3): bonds, preferreds, convertibles and warrants · $2.2M (not counted above)
Total filed on the 13F, all lines: $3.3B.
Portfolio Sells Q2 2025 → Q3 2025
| NVDA Nvidia Corp. | Reduce -18.5% | 4.55% | −0.69 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 2.56% | −0.31 |
| VOO Vanguard S&P 500 ETF | Reduce -8.0% | 1.61% | −0.19 |
| TGT Target Corp. | Reduce -63.3% | 0.07% | −0.17 |
| NKE Nike Inc. Class B | Reduce 0.0% | 1.11% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.6% | 2.89% | −0.13 |
| TTAN Servicetitan Inc. Class A | Reduce -9.2% | 0.37% | −0.11 |
| CMCSA Comcast Corp. Class A | Reduce -16.1% | 0.21% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -1.0% | 0.64% | −0.09 |
| APTV Aptiv PLC | Sold out | 0.00% | −0.09 |
| PEP Pepsico Inc. | Reduce -64.6% | 0.05% | −0.09 |
| GIS General Mills Inc. | Reduce -80.8% | 0.02% | −0.08 |
| OKTA Okta Inc. | Reduce -0.0% | 0.38% | −0.08 |
| UNH Unitedhealth Group Inc. | Reduce -20.0% | 0.28% | −0.07 |
| ZTS Zoetis Inc. | Reduce -15.8% | 0.15% | −0.06 |
| COLD Americold Realty Trust Inc. | Reduce -43.1% | 0.04% | −0.06 |
| OXY Occidental Petroleum Corp. | Reduce -87.2% | 0.01% | −0.06 |
| XLRE SS Real Estate Select Sector | Reduce -6.6% | 0.29% | −0.05 |
| EFA iShares MSCI Eafe ETF | Reduce -3.7% | 0.39% | −0.04 |
| PANW Palo Alto Networks Inc. | Reduce -4.5% | 0.22% | −0.04 |
| RDFN Redfin Corp. | Sold out | 0.00% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -5.2% | 0.30% | −0.03 |
| COP Conocophillips | Reduce -18.2% | 0.12% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -8.3% | 0.09% | −0.03 |
| IWF iShares Russell 1000 Growth | Reduce -3.8% | 0.70% | −0.03 |
| TAP Molson Coors Beverage Co. Class B | Reduce -21.5% | 0.06% | −0.03 |
| IWP iShares Russell Mid-Cap Grow | Reduce -4.0% | 0.23% | −0.03 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -5.6% | 0.17% | −0.03 |
| VNQ Vanguard Real Estate ETF | Reduce -5.1% | 0.20% | −0.03 |
| CPT Camden Property Trust | Reduce -30.7% | 0.03% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -4.3% | 0.22% | −0.02 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.5% | 0.29% | −0.02 |
| IYW iShares Ustechnology ETF | Reduce -28.1% | 0.05% | −0.02 |
| A Agilent Technologies Inc. | Reduce -51.1% | 0.02% | −0.02 |
| AUR Aurora Innovation Inc. | Reduce -10.1% | 0.09% | −0.02 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -51.8% | 0.01% | −0.02 |
| FISV Fiserv Inc. | Reduce -0.3% | 0.04% | −0.02 |
| MBI Mbia Inc. | Reduce -53.7% | 0.04% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -45.3% | 0.01% | −0.02 |
| SHV iShares 0-1 Year Treasury Bo | Sold out | 0.00% | −0.01 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -0.5% | 0.14% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -2.7% | 0.29% | −0.01 |
| PMTS Cpi Card Group Inc. | Reduce -8.6% | 0.01% | −0.01 |
| HAS Hasbro Inc. | Reduce -5.4% | 0.09% | −0.01 |
| RBLX Roblox Corp. Class A | Reduce -35.1% | 0.04% | −0.01 |
| MSOS Advisorshares Pure US Cann | Sold out | 0.00% | −0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -11.4% | 0.05% | −0.01 |
| ESGV Vanguard ESG US Stock ETF | Reduce -4.2% | 0.14% | −0.01 |
| PAYX Paychex Inc. | Reduce -2.9% | 0.03% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +7.7% | 4.10% | +0.70 |
| GOOGL Alphabet Inc. Class A | Add +2.3% | 1.90% | +0.41 |
| GOOG Alphabet Inc. Class C | Add +36.6% | 0.62% | +0.25 |
| SPIB SS SPDR P Int C Corp. ETF | New | 0.22% | +0.22 |
| COIN Coinbase Global Inc. Class A | Add +243.5% | 0.28% | +0.18 |
| APP AppLovin Corp. Class A | Add +0.2% | 0.39% | +0.18 |
| ORCL Oracle Corp. | Add +4.2% | 1.02% | +0.18 |
| TSLA Tesla Inc. | Add +7.4% | 0.67% | +0.18 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.15% | +0.15 |
| SPSB SS SPDR P St C Corp. ETF | New | 0.12% | +0.12 |
| AVGO Broadcom Inc. | Add +1.7% | 1.36% | +0.12 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.10% | +0.10 |
| ESGD iShares Trust iShares ESG Aw | New | 0.08% | +0.08 |
| TDTT NT Iboxx 3Y Dur Tips ETF | New | 0.08% | +0.08 |
| GLD SPDR Gold Shares | Add +39.3% | 0.24% | +0.08 |
| ANGL Vaneck Fallen Angel High YLD | New | 0.07% | +0.07 |
| ABBV Abbvie Inc. | Add +2.8% | 0.49% | +0.07 |
| IJH iShares Core S&P Midcap ETF | Add +215.2% | 0.09% | +0.06 |
| IEI iShares 3-7 Year Treasury Bo | New | 0.06% | +0.06 |
| VKTX Viking Therapeutics Inc. | New | 0.05% | +0.05 |
| CRGY Crescent Energy Inc. Class A | New | 0.05% | +0.05 |
| SPSM SS SPDR P S&P 600 Small Cap | New | 0.05% | +0.05 |
| NEM Newmont Corp. | Add +0.4% | 0.20% | +0.05 |
| CAT Caterpillar Inc. | Add +0.8% | 0.45% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +3.3% | 0.45% | +0.05 |
| IAU iShares Gold Trust | Add +66.1% | 0.11% | +0.05 |
| RKT Rocket Cos Inc. Class A | New | 0.04% | +0.04 |
| EMB iShares JP Morgan Usd Emergi | New | 0.04% | +0.04 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +100.0% | 0.09% | +0.04 |
| ESML iShares ESG Aware MSCI USA S | New | 0.04% | +0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +136.7% | 0.10% | +0.04 |
| RRC Range Resources Corp. | New | 0.04% | +0.04 |
| PROSHARES TR | New | 0.04% | +0.04 |
| FCX Freeport-McMoran Inc. | Add +57.5% | 0.16% | +0.04 |
| IBDX iShares Ibonds Dec 2032 TC | New | 0.03% | +0.03 |
| IBDW iShares Ibonds Dec 2031 Corp. | New | 0.03% | +0.03 |
| IBDV iShares Ibonds Dec 2030 Corp. | New | 0.03% | +0.03 |
| JNJ Johnson & Johnson | Add +3.5% | 0.29% | +0.03 |
| IBDT iShares Ibonds Dec 2028 ETF | New | 0.03% | +0.03 |
| IBDU iShares Ibonds Dec 2029 Term | New | 0.03% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +92.7% | 0.08% | +0.03 |
| AGG iShares Core U.S. Aggregate | Add +11.3% | 2.37% | +0.03 |
| AR Antero Resources Corp. | New | 0.03% | +0.03 |
| PHYS Sprott Physical Gold Trust | Add +66.6% | 0.07% | +0.03 |
| BAC Bank of America Corp. | Add +9.1% | 0.45% | +0.03 |
| ETHA iShares Ethereum Trust ETF | Add +52.7% | 0.05% | +0.03 |
| AMD Advanced Micro Devices | Add +10.7% | 0.24% | +0.03 |
| QLTA iShares Aaa - A Rated Corpor | New | 0.03% | +0.03 |
| DMLP Dorchester Minerals LP | Add +177.8% | 0.05% | +0.03 |
| HD Home Depot Inc. | Add +5.6% | 0.54% | +0.03 |
Options Activity Q2 2025 → Q3 2025
| NVDA Nvidia Corp. | put | Sold out | 127,200 | $20.1Mbefore exit |
| NVDA Nvidia Corp. | call | Add +20.7% | 7,000 | $1.3M |
| GLDI UBS AG Et GL SHR Covr Class ETN | call | Sold out | 8,000 | $1.3Mbefore exit |
| TSLA Tesla Inc. | call | Reduce -50.0% | 1,900 | $845K |
| QQQ Invesco QQQ Trust Series 1 | put | New | 400 | $240K |
| AMD Advanced Micro Devices | call | Add +125.0% | 900 | $146K |
| SMH Vaneck Semiconductor ETF | call | New | 300 | $98K |
| FDX FedEx Corp. | put | New | 400 | $94K |
| AMZN Amazon.com Inc. | put | New | 400 | $88K |
| MU Micron Technology Inc. | put | New | 400 | $67K |
| MU Micron Technology Inc. | call | New | 400 | $67K |
| AVGO Broadcom Inc. | call | New | 200 | $66K |
| LEN Lennar Corp. Class A | call | New | 400 | $50K |
| NKE Nike Inc. Class B | put | New | 500 | $35K |
| NKE Nike Inc. Class B | call | New | 500 | $35K |
| Z Zillow Group Inc. Class C | put | New | 400 | $31K |
| U Unity Software Inc. | call | New | 600 | $24K |
| HAL Halliburton Co. | call | New | 800 | $20K |
| INTC Intel Corp. | call | New | 200 | $7K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | IBONDS 27 ETF · principal | New | 45,890 | $1.1M |
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | New | 45,950 | $1.1M |
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 |