Greenline Partners, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Greenline Partners, LLC reported 143 stock positions worth $742.0 million. Its top holding was SPDR Gold Minishares Trust (GLDM) at 7.8% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 7.1%) and Vanguard Total Intl Stock (VXUS, 4.8%). Compared with Q1 2025, it opened 7 new positions, sold out of 447, added to 66 and reduced 47. The biggest buy was iShares MSCI Global Metals & (PICK, shares +147%) and the biggest sale SPDR Gold Minishares Trust (GLDM, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001697323
- Portfolio Value
- $742.0M (Q2 2025)
- SEC Filing
- 0001636587-25-000042 ↗ filed Aug 14, 2025
Holdings Value
Holdings 143 stocks · $742.0M
| GLDM SPDR Gold Minishares Trust | 7.79% | 882,743 | $57.8M | Reduce -23.2% |
| VTI VG Morningstar TS MKT ETF-US | 7.08% | 172,768 | $52.5M | Add +48704.5% |
| VXUS Vanguard Total Intl Stock | 4.76% | 510,857 | $35.3M | Add +16.6% |
| AVDV Avantis Intl S/C Value ETF | 3.69% | 345,835 | $27.4M | Reduce -7.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.69% | 56,430 | $27.4M | Add +12.8% |
| AVUV Avantis US Small Cap Value | 3.19% | 259,668 | $23.7M | Reduce -5.3% |
| VWO Vanguard Ftse Emerging Marke | 2.98% | 447,399 | $22.1M | Add +0.0% |
| PICK iShares MSCI Global Metals & | 2.81% | 555,538 | $20.9M | Add +147.3% |
| VPL Vanguard Ftse Pacific ETF | 2.80% | 252,751 | $20.8M | No change |
| SCHP Schwab U.S. Tips ETF | 2.54% | 706,817 | $18.9M | Add +11.9% |
| LNG Cheniere Energy Inc. | 2.32% | 70,791 | $17.2M | Add +2.8% |
| ENB Enbridge Inc. | 2.04% | 334,760 | $15.2M | Reduce -1.8% |
| TRP TC Energy Corp. | 2.00% | 303,967 | $14.8M | Reduce -0.4% |
| VGK Vanguard Ftse Europe ETF | 1.98% | 190,011 | $14.7M | Add +1.3% |
| GOOG Alphabet Inc. Class C | 1.74% | 72,934 | $12.9M | Add +33.3% |
| MSFT Microsoft Corp. | 1.69% | 25,221 | $12.5M | Add +30.7% |
| VDE Vanguard Energy ETF | 1.60% | 99,939 | $11.9M | Reduce -0.3% |
| DFSV Dimensional US Small Cap Val | 1.50% | 378,850 | $11.1M | Add +62313.5% |
| AAPL Apple Inc. | 1.43% | 51,719 | $10.6M | Add +12.3% |
| STIP iShares 0-5 Year Tips Bond E | 1.42% | 102,109 | $10.5M | Reduce -14.1% |
| SCCO Southern Copper Corp. | 1.39% | 101,715 | $10.3M | Add +3.9% |
| WMB Williams Cos Inc. | 1.32% | 155,567 | $9.8M | Reduce -4.1% |
| AMZN Amazon.com Inc. | 1.30% | 43,913 | $9.6M | Add +16.8% |
| META Meta Platforms Inc. Class A | 1.30% | 13,045 | $9.6M | Reduce -6.3% |
| VOO Vanguard S&P 500 ETF | 1.25% | 16,300 | $9.3M | Add +492.7% |
| IAU iShares Gold Trust | 1.09% | 129,145 | $8.1M | Reduce -0.7% |
| SCHO Schwab Short-Term US Treas | 1.03% | 313,081 | $7.6M | Add +681.9% |
| DISV Dimensional International SM | 0.99% | 222,934 | $7.3M | Add +10376.2% |
| MKL Markel Group Inc. | 0.98% | 3,636 | $7.3M | Add +1.9% |
| CACC Credit Acceptance Corp. | 0.92% | 13,414 | $6.8M | Add +1.8% |
| V Visa Inc. Class A | 0.86% | 17,893 | $6.4M | Add +1.5% |
| PAYC Paycom Software Inc. | 0.82% | 26,205 | $6.1M | Reduce -0.8% |
| VPU Vanguard Utilities ETF | 0.79% | 33,185 | $5.9M | Reduce -5.7% |
| WMT Walmart Inc. | 0.79% | 59,673 | $5.8M | Add +1.2% |
| VDC Vanguard Consumer Staple ETF | 0.74% | 25,147 | $5.5M | Reduce -4.0% |
| MA Mastercard Inc. Class A | 0.74% | 9,722 | $5.5M | Add +0.5% |
| RIO Rio Tinto PLC-Spon ADR | 0.68% | 86,586 | $5.1M | Reduce -38.8% |
| JNJ Johnson & Johnson | 0.63% | 30,589 | $4.7M | Add +0.7% |
| IWV iShares Russell 3000 ETF | 0.63% | 13,244 | $4.6M | No change |
| FCX Freeport-McMoran Inc. | 0.62% | 105,889 | $4.6M | Add +4.5% |
| HD Home Depot Inc. | 0.62% | 12,502 | $4.6M | Add +0.2% |
| IBDR iShares Ibonds Dec 2026 Term | 0.61% | 185,677 | $4.5M | New |
| CNQ Canadian Natural Resources | 0.60% | 142,886 | $4.5M | No change |
| BLK BlackRock Inc. | 0.59% | 4,177 | $4.4M | No change |
| JPM JPMorgan Chase & Co. | 0.58% | 14,816 | $4.3M | Add +3.8% |
| VT Vanguard Tot World STK ETF | 0.56% | 32,336 | $4.2M | Add +0.1% |
| IUSG iShares Core S&P U.S. Growth | 0.56% | 27,574 | $4.1M | Add +25.3% |
| BHP BHP Group Ltd.-Spon ADR | 0.53% | 81,501 | $3.9M | Reduce -51.6% |
| CVX Chevron Corp. | 0.52% | 27,101 | $3.9M | Add +1.6% |
| COP Conocophillips | 0.52% | 43,241 | $3.9M | Reduce -4.0% |
| SCHR Schwab Intermediate-Term US | 0.52% | 152,684 | $3.8M | Add +6230.2% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.51% | 149,018 | $3.8M | New |
| VCSH Vanguard S/T Corp. Bond ETF | 0.50% | 46,520 | $3.7M | Add +0.5% |
| CB Chubb Ltd. | 0.50% | 12,765 | $3.7M | Add +198.1% |
| IAUM iShares Gold Trust Micro | 0.49% | 109,311 | $3.6M | Reduce -1.8% |
| IUSV iShares Core S&P U.S. Value | 0.45% | 35,658 | $3.4M | Add +190.2% |
| ALB Albemarle Corp. | 0.45% | 53,291 | $3.3M | Reduce -3.9% |
| DE Deere & Co. | 0.41% | 6,017 | $3.1M | Add +0.7% |
| COST Costco Wholesale Corp. | 0.40% | 2,967 | $2.9M | Add +1.0% |
| VBIL Vanguard 0-3M T-Bill ETF | 0.39% | 38,679 | $2.9M | New |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.39% | 39,323 | $2.9M | Add +103.5% |
| SPIP SS SPDR P Tips ETF | 0.38% | 109,394 | $2.9M | Reduce -5.3% |
| XME SS SPDR S&P Metals Mining | 0.38% | 41,840 | $2.8M | Add +8.0% |
| TTE Totalenergies SE -Spon ADR | 0.36% | 43,700 | $2.7M | Add +0.4% |
| XBI SS SPDR S&P Biotech ETF | 0.32% | 28,711 | $2.4M | No change |
| GOVT iShares US Treasury Bond ETF | 0.32% | 103,204 | $2.4M | Reduce -31.6% |
| VALE Vale SA-SP ADR | 0.32% | 243,428 | $2.4M | Reduce -59.4% |
| XLE SS Energy Select Sector | 0.32% | 27,599 | $2.3M | Add +47.6% |
| XOM Exxon Mobil Corp. | 0.31% | 21,308 | $2.3M | Add +5.0% |
| SCHW Schwab (charles) Corp. | 0.31% | 25,066 | $2.3M | Add +3.0% |
| NVDA Nvidia Corp. | 0.30% | 14,224 | $2.2M | Add +456.3% |
| PKX Posco Holdings Inc. -Spon ADR | 0.29% | 44,730 | $2.2M | Reduce -8.8% |
| EPD Enterprise Products Partners | 0.29% | 69,022 | $2.1M | Add +8.9% |
| IBB iShares Biotechnology ETF | 0.29% | 16,847 | $2.1M | No change |
| UNH Unitedhealth Group Inc. | 0.28% | 6,738 | $2.1M | Reduce -0.0% |
| EFA iShares MSCI Eafe ETF | 0.25% | 20,948 | $1.9M | Add +5639.2% |
| ADP Automatic Data Processing | 0.25% | 5,974 | $1.8M | Add +0.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.23% | 50,422 | $1.7M | Add +1.7% |
| KKR KKR & Co. Inc. | 0.23% | 12,783 | $1.7M | New |
| WPM Wheaton Precious Metals Corp. | 0.23% | 18,742 | $1.7M | Add +31.5% |
| FNV Franco-Nevada Corp. | 0.21% | 9,719 | $1.6M | Add +18.4% |
| GLD SPDR Gold Shares | 0.21% | 5,049 | $1.5M | Add +0.3% |
| LTPZ PIMCO 15+ YR US Tips Indx | 0.19% | 27,208 | $1.4M | New |
| INTC Intel Corp. | 0.19% | 62,672 | $1.4M | Reduce -7.2% |
| AMGN Amgen Inc. | 0.19% | 4,929 | $1.4M | Reduce -60.1% |
| SOBO South Bow Corp. | 0.18% | 52,206 | $1.4M | Reduce -6.6% |
| PFE Pfizer Inc. | 0.18% | 54,647 | $1.3M | Reduce -1.2% |
| GS Goldman Sachs Group Inc. | 0.17% | 1,826 | $1.3M | No change |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.17% | 42,703 | $1.3M | Add +20.0% |
| EOG EOG Resources Inc. | 0.17% | 10,644 | $1.3M | No change |
| VEA Vanguard Ftse Developed ETF | 0.16% | 20,601 | $1.2M | No change |
| RGLD Royal Gold Inc. | 0.16% | 6,603 | $1.2M | Add +28.6% |
| PG The Procter & Gamble Co. | 0.15% | 6,802 | $1.1M | Reduce -5.2% |
| IXUS iShares Core Intl Stock ETF | 0.13% | 12,475 | $964K | Reduce -19.9% |
| IEMG iShares Core MSCI Emerging | 0.13% | 16,030 | $962K | Reduce -30.1% |
| BKNG Booking Holdings Inc. | 0.13% | 163 | $944K | No change |
| ADM Archer-Daniels-Midland Co. | 0.13% | 17,844 | $942K | Add +2.5% |
| NVR NVR Inc. | 0.12% | 125 | $923K | New |
| SCHF Schwab Intl Equity ETF | 0.12% | 40,100 | $886K | Reduce -74.0% |
| EBAY eBay Inc. | 0.12% | 11,627 | $866K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| GLDM SPDR Gold Minishares Trust | Reduce -23.2% | 7.79% | −2.49 |
| SGOV iShares 0-3 Month Treasury B | Reduce -92.3% | 0.06% | −0.81 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -51.6% | 0.53% | −0.65 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -38.8% | 0.68% | −0.55 |
| VALE Vale SA-SP ADR | Reduce -59.4% | 0.32% | −0.55 |
| AMGN Amgen Inc. | Reduce -60.1% | 0.19% | −0.37 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -14.1% | 1.42% | −0.36 |
| VHT Vanguard Health Care ETF | Reduce -84.2% | 0.05% | −0.33 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.30 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.29 |
| HON Honeywell International Inc. | Reduce -87.9% | 0.04% | −0.28 |
| VDE Vanguard Energy ETF | Reduce -0.3% | 1.60% | −0.27 |
| AVUV Avantis US Small Cap Value | Reduce -5.3% | 3.19% | −0.27 |
| UNH Unitedhealth Group Inc. | Reduce -0.0% | 0.28% | −0.23 |
| IWP iShares Russell Mid-Cap Grow | Sold out | 0.00% | −0.20 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -43.2% | 0.07% | −0.18 |
| GOVT iShares US Treasury Bond ETF | Reduce -31.6% | 0.32% | −0.18 |
| COP Conocophillips | Reduce -4.0% | 0.52% | −0.16 |
| ENB Enbridge Inc. | Reduce -1.8% | 2.04% | −0.14 |
| ALB Albemarle Corp. | Reduce -3.9% | 0.45% | −0.13 |
| VDC Vanguard Consumer Staple ETF | Reduce -4.0% | 0.74% | −0.09 |
| WMB Williams Cos Inc. | Reduce -4.1% | 1.32% | −0.08 |
| TRP TC Energy Corp. | Reduce -0.4% | 2.00% | −0.08 |
| VPU Vanguard Utilities ETF | Reduce -5.7% | 0.79% | −0.08 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.08 |
| AVDV Avantis Intl S/C Value ETF | Reduce -7.5% | 3.69% | −0.07 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.06 |
| SPIP SS SPDR P Tips ETF | Reduce -5.3% | 0.38% | −0.06 |
| IEMG iShares Core MSCI Emerging | Reduce -30.1% | 0.13% | −0.05 |
| UPS United Parcel Service Class B | Reduce -16.5% | 0.12% | −0.05 |
| PKX Posco Holdings Inc. -Spon ADR | Reduce -8.8% | 0.29% | −0.04 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.04 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.03 |
| DUK Duke Energy Corp. | Sold out | 0.00% | −0.03 |
| BAC Bank of America Corp. | Reduce -31.8% | 0.09% | −0.03 |
| INTC Intel Corp. | Reduce -7.2% | 0.19% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -5.2% | 0.15% | −0.03 |
| VNQ Vanguard Real Estate ETF | Sold out | 0.00% | −0.03 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.03 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.02 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −0.02 |
| PFE Pfizer Inc. | Reduce -1.2% | 0.18% | −0.02 |
| SOBO South Bow Corp. | Reduce -6.6% | 0.18% | −0.02 |
| KGC Kinross Gold Corp. | Sold out | 0.00% | −0.02 |
| SO The Southern Co. | Sold out | 0.00% | −0.02 |
| IAU iShares Gold Trust | Reduce -0.7% | 1.09% | −0.02 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.02 |
| FLKR Franklin Ftse South Korea | Sold out | 0.00% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Sold out | 0.00% | −0.02 |
| B Barrick Mining Corp. | Reduce -28.1% | 0.05% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| PICK iShares MSCI Global Metals & | Add +147.3% | 2.81% | +1.65 |
| DFSV Dimensional US Small Cap Val | Add +62313.5% | 1.50% | +1.50 |
| DISV Dimensional International SM | Add +10376.2% | 0.99% | +0.99 |
| VOO Vanguard S&P 500 ETF | Add +492.7% | 1.25% | +0.89 |
| VXUS Vanguard Total Intl Stock | Add +16.6% | 4.76% | +0.82 |
| MSFT Microsoft Corp. | Add +30.7% | 1.69% | +0.64 |
| IBDR iShares Ibonds Dec 2026 Term | New | 0.61% | +0.61 |
| GOOG Alphabet Inc. Class C | Add +33.3% | 1.74% | +0.51 |
| IBDQ iShares Ibonds Dec 2025 Term | New | 0.51% | +0.51 |
| VBIL Vanguard 0-3M T-Bill ETF | New | 0.39% | +0.39 |
| CB Chubb Ltd. | Add +198.1% | 0.50% | +0.31 |
| SCHO Schwab Short-Term US Treas | Add +681.9% | 1.03% | +0.27 |
| AMZN Amazon.com Inc. | Add +16.8% | 1.30% | +0.26 |
| NVDA Nvidia Corp. | Add +456.3% | 0.30% | +0.26 |
| KKR KKR & Co. Inc. | New | 0.23% | +0.23 |
| LTPZ PIMCO 15+ YR US Tips Indx | New | 0.19% | +0.19 |
| WRB WR Berkley Corp. | Add +103.5% | 0.39% | +0.19 |
| NVR NVR Inc. | New | 0.12% | +0.12 |
| VGK Vanguard Ftse Europe ETF | Add +1.3% | 1.98% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +3.8% | 0.58% | +0.07 |
| WPM Wheaton Precious Metals Corp. | Add +31.5% | 0.23% | +0.07 |
| XME SS SPDR S&P Metals Mining | Add +8.0% | 0.38% | +0.07 |
| SCCO Southern Copper Corp. | Add +3.9% | 1.39% | +0.07 |
| FCX Freeport-McMoran Inc. | Add +4.5% | 0.62% | +0.06 |
| XLE SS Energy Select Sector | Add +47.6% | 0.32% | +0.06 |
| VWO Vanguard Ftse Emerging Marke | Add +0.0% | 2.98% | +0.06 |
| IUSG iShares Core S&P U.S. Growth | Add +25.3% | 0.56% | +0.05 |
| SMH Vaneck Semiconductor ETF | New | 0.04% | +0.04 |
| GOOGL Alphabet Inc. Class A | Add +446.3% | 0.05% | +0.04 |
| WMT Walmart Inc. | Add +1.2% | 0.79% | +0.04 |
| RGLD Royal Gold Inc. | Add +28.6% | 0.16% | +0.04 |
| SCHW Schwab (charles) Corp. | Add +3.0% | 0.31% | +0.03 |
| FNV Franco-Nevada Corp. | Add +18.4% | 0.21% | +0.03 |
| SQM Quimica Y Minera Chil-SP ADR | Add +201.1% | 0.04% | +0.02 |
| MPLX MPLX LP | Add +43.6% | 0.10% | +0.02 |
| LNG Cheniere Energy Inc. | Add +2.8% | 2.32% | +0.02 |
| VT Vanguard Tot World STK ETF | Add +0.1% | 0.56% | +0.02 |
| MKL Markel Group Inc. | Add +1.9% | 0.98% | +0.02 |
| ET Energy Transfer LP | Add +62.0% | 0.04% | +0.01 |
| PAA Plains All Amer Pipeline LP | Add +60.8% | 0.04% | +0.01 |
| T AT&T Inc. | Add +16.8% | 0.10% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | Add +13.7% | 0.03% | +0.01 |
| DE Deere & Co. | Add +0.7% | 0.41% | +0.01 |
| ADM Archer-Daniels-Midland Co. | Add +2.5% | 0.13% | +0.01 |
| EFA iShares MSCI Eafe ETF | Add +5639.2% | 0.25% | +0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +20.0% | 0.17% | +0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +310.4% | 0.10% | +0.00 |
| SRE Sempra | Add +1.3% | 0.06% | +0.00 |
| TJX TJX Companies Inc. | Add +3.5% | 0.06% | −0.00 |
| VYM Vanguard High DVD Yield ETF | Add +0.1% | 0.04% | −0.00 |
Notes & Other Activity Q1 2025 → Q2 2025
| BF.B Brown-Forman Corp. Class B | CL B | Sold out | 0 | $0before exit |
| ES Eversource Energy | COM | Sold out | 0 | $0before 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 | 149 | $983.0M | VXUS, VTI, AVDV, AVUV, GLDM |
| Q1 2026 | 144 | $930.3M | VXUS, VTI, GLDM, AVDV, AVUV |
| Q4 2025 | 149 | $874.1M | VTI, GLDM, VXUS, AVDV, BRK.B |
| Q3 2025 | 144 | $822.9M | GLDM, VTI, VXUS, AVDV, BRK.B |
| Q2 2025 | 143 | $742.0M | GLDM, VTI, VXUS, AVDV, BRK.B |
| Q1 2025 | 583 | $692.1M | GLDM, VTI, VXUS, BRK.B, AVDV |
| Q4 2024 | 241 | $714.5M | GLDM, VTI, SCHP, VXUS, BRK.B |
| Q3 2024 | 137 | $698.8M | GLDM, VTI, SCHP, BRK.B, VXUS |
| Q2 2024 | 131 | $657.1M | GLDM, SCHP, VTI, BRK.B, STIP |
| Q1 2024 | 123 | $627.4M | GLDM, SCHO, VTI, STIP, VPL |