Greenline Partners, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 17, 2025), Greenline Partners, LLC reported 144 stock positions worth $822.9 million. Its top holding was SPDR Gold Minishares Trust (GLDM) at 6.8% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 6.8%) and Vanguard Total Intl Stock (VXUS, 5.0%). Compared with Q2 2025, it opened 8 new positions, sold out of 7, added to 52 and reduced 42. The biggest buy was Vanguard 0-3M T-Bill ETF (VBIL, shares +446%) and the biggest sale SPDR Gold Minishares Trust (GLDM, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001697323
- Portfolio Value
- $822.9M (Q3 2025)
- SEC Filing
- 0001636587-25-000061 ↗ filed Nov 17, 2025
Holdings Value
Holdings 144 stocks · $822.9M
| GLDM SPDR Gold Minishares Trust | 6.84% | 736,637 | $56.3M | Reduce -16.6% |
| VTI VG Morningstar TS MKT ETF-US | 6.83% | 171,204 | $56.2M | Reduce -0.9% |
| VXUS Vanguard Total Intl Stock | 5.05% | 565,628 | $41.6M | Add +10.7% |
| AVDV Avantis Intl S/C Value ETF | 4.01% | 370,839 | $33.0M | Add +7.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.90% | 63,761 | $32.1M | Add +13.0% |
| AVUV Avantis US Small Cap Value | 3.52% | 290,797 | $28.9M | Add +12.0% |
| VWO Vanguard Ftse Emerging Marke | 2.95% | 447,405 | $24.2M | Add +0.0% |
| PICK iShares MSCI Global Metals & | 2.82% | 522,357 | $23.2M | Reduce -6.0% |
| VPL Vanguard Ftse Pacific ETF | 2.70% | 252,751 | $22.2M | No change |
| GOOG Alphabet Inc. Class C | 2.17% | 73,319 | $17.9M | Add +0.5% |
| ENB Enbridge Inc. | 2.13% | 346,725 | $17.5M | Add +3.6% |
| LNG Cheniere Energy Inc. | 2.08% | 73,009 | $17.2M | Add +3.1% |
| TRP TC Energy Corp. | 2.08% | 314,303 | $17.1M | Add +3.4% |
| SCHP Schwab U.S. Tips ETF | 2.05% | 626,761 | $16.9M | Reduce -11.3% |
| VBIL Vanguard 0-3M T-Bill ETF | 1.94% | 211,314 | $16.0M | Add +446.3% |
| VGK Vanguard Ftse Europe ETF | 1.86% | 191,979 | $15.3M | Add +1.0% |
| VDE Vanguard Energy ETF | 1.64% | 107,145 | $13.5M | Add +7.2% |
| SCCO Southern Copper Corp. | 1.59% | 107,906 | $13.1M | Add +6.1% |
| AAPL Apple Inc. | 1.59% | 51,224 | $13.0M | Reduce -1.0% |
| MSFT Microsoft Corp. | 1.53% | 24,326 | $12.6M | Reduce -3.5% |
| VOO Vanguard S&P 500 ETF | 1.52% | 20,433 | $12.5M | Add +25.4% |
| DFSV Dimensional US Small Cap Val | 1.50% | 386,604 | $12.3M | Add +2.0% |
| STIP iShares 0-5 Year Tips Bond E | 1.28% | 101,674 | $10.5M | Reduce -0.4% |
| WMB Williams Cos Inc. | 1.27% | 164,745 | $10.4M | Add +5.9% |
| AMZN Amazon.com Inc. | 1.18% | 44,333 | $9.7M | Add +1.0% |
| IAU iShares Gold Trust | 1.14% | 129,145 | $9.4M | No change |
| META Meta Platforms Inc. Class A | 1.11% | 12,415 | $9.1M | Reduce -4.8% |
| DISV Dimensional International SM | 0.98% | 225,334 | $8.0M | Add +1.1% |
| SCHO Schwab Short-Term US Treas | 0.92% | 310,389 | $7.6M | Reduce -0.9% |
| VPU Vanguard Utilities ETF | 0.86% | 37,526 | $7.1M | Add +13.1% |
| MKL Markel Group Inc. | 0.85% | 3,655 | $7.0M | Add +0.5% |
| RIO Rio Tinto PLC-Spon ADR | 0.83% | 103,050 | $6.8M | Add +19.0% |
| CACC Credit Acceptance Corp. | 0.76% | 13,450 | $6.3M | Add +0.3% |
| WMT Walmart Inc. | 0.74% | 58,983 | $6.1M | Reduce -1.2% |
| V Visa Inc. Class A | 0.73% | 17,623 | $6.0M | Reduce -1.5% |
| VDC Vanguard Consumer Staple ETF | 0.70% | 26,803 | $5.7M | Add +6.6% |
| JNJ Johnson & Johnson | 0.68% | 30,359 | $5.6M | Reduce -0.8% |
| BHP BHP Group Ltd.-Spon ADR | 0.68% | 100,193 | $5.6M | Add +22.9% |
| MA Mastercard Inc. Class A | 0.67% | 9,677 | $5.5M | Reduce -0.5% |
| CB Chubb Ltd. | 0.66% | 19,362 | $5.5M | Add +51.7% |
| PAYC Paycom Software Inc. | 0.66% | 26,205 | $5.5M | No change |
| ALB Albemarle Corp. | 0.64% | 65,258 | $5.3M | Add +22.5% |
| HD Home Depot Inc. | 0.61% | 12,472 | $5.1M | Reduce -0.2% |
| IWV iShares Russell 3000 ETF | 0.61% | 13,244 | $5.0M | No change |
| BLK BlackRock Inc. | 0.59% | 4,177 | $4.9M | No change |
| CVX Chevron Corp. | 0.59% | 31,086 | $4.8M | Add +14.7% |
| FCX Freeport-McMoran Inc. | 0.57% | 119,108 | $4.7M | Add +12.5% |
| CNQ Canadian Natural Resources | 0.56% | 143,567 | $4.6M | Add +0.5% |
| IAUM iShares Gold Trust Micro | 0.55% | 118,333 | $4.6M | Add +8.3% |
| IUSG iShares Core S&P U.S. Growth | 0.55% | 27,574 | $4.5M | No change |
| IBDR iShares Ibonds Dec 2026 Term | 0.55% | 185,677 | $4.5M | No change |
| VT Vanguard Tot World STK ETF | 0.54% | 32,461 | $4.5M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 0.53% | 13,846 | $4.4M | Reduce -6.5% |
| COP Conocophillips | 0.52% | 45,025 | $4.3M | Add +4.1% |
| XME SS SPDR S&P Metals Mining | 0.47% | 41,840 | $3.9M | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.45% | 46,520 | $3.7M | No change |
| VALE Vale SA-SP ADR | 0.44% | 336,201 | $3.7M | Add +38.1% |
| IUSV iShares Core S&P U.S. Value | 0.43% | 35,658 | $3.6M | No change |
| SCHR Schwab Intermediate-Term US | 0.38% | 123,760 | $3.1M | Reduce -18.9% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.37% | 39,448 | $3.0M | Add +0.3% |
| XBI SS SPDR S&P Biotech ETF | 0.35% | 28,711 | $2.9M | No change |
| DE Deere & Co. | 0.33% | 5,977 | $2.7M | Reduce -0.7% |
| COST Costco Wholesale Corp. | 0.33% | 2,937 | $2.7M | Reduce -1.0% |
| NVDA Nvidia Corp. | 0.32% | 14,224 | $2.7M | No change |
| TTE Totalenergies SE -Spon ADR | 0.32% | 43,700 | $2.6M | No change |
| XLE SS Energy Select Sector | 0.31% | 28,759 | $2.6M | Add +4.2% |
| IBB iShares Biotechnology ETF | 0.30% | 16,847 | $2.4M | No change |
| EPD Enterprise Products Partners | 0.29% | 76,032 | $2.4M | Add +10.2% |
| FNV Franco-Nevada Corp. | 0.29% | 10,590 | $2.4M | Add +9.0% |
| SCHW Schwab (charles) Corp. | 0.28% | 24,336 | $2.3M | Reduce -2.9% |
| XOM Exxon Mobil Corp. | 0.28% | 20,328 | $2.3M | Reduce -4.6% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.27% | 89,400 | $2.3M | Reduce -40.0% |
| PKX Posco Holdings Inc. -Spon ADR | 0.26% | 43,786 | $2.2M | Reduce -2.1% |
| UNH Unitedhealth Group Inc. | 0.26% | 6,233 | $2.2M | Reduce -7.5% |
| WPM Wheaton Precious Metals Corp. | 0.26% | 18,957 | $2.1M | Add +1.1% |
| INTC Intel Corp. | 0.26% | 62,672 | $2.1M | No change |
| EFA iShares MSCI Eafe ETF | 0.24% | 20,948 | $2.0M | No change |
| IVV iShares Core S&P 500 ETF | 0.23% | 2,877 | $1.9M | New |
| GLD SPDR Gold Shares | 0.22% | 5,049 | $1.8M | No change |
| ADP Automatic Data Processing | 0.21% | 5,944 | $1.7M | Reduce -0.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.21% | 49,577 | $1.7M | Reduce -1.7% |
| KKR KKR & Co. Inc. | 0.20% | 12,783 | $1.7M | No change |
| LTPZ PIMCO 15+ YR US Tips Indx | 0.19% | 29,398 | $1.6M | Add +8.1% |
| DEO Diageo PLC-Sponsored ADR | 0.18% | 15,744 | $1.5M | New |
| GS Goldman Sachs Group Inc. | 0.18% | 1,826 | $1.5M | No change |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.17% | 42,703 | $1.4M | No change |
| SOBO South Bow Corp. | 0.17% | 50,083 | $1.4M | Reduce -4.1% |
| RGLD Royal Gold Inc. | 0.17% | 6,869 | $1.4M | Add +4.0% |
| PFE Pfizer Inc. | 0.16% | 52,802 | $1.3M | Reduce -3.4% |
| VEA Vanguard Ftse Developed ETF | 0.15% | 20,601 | $1.2M | No change |
| EOG EOG Resources Inc. | 0.14% | 10,644 | $1.2M | No change |
| AMGN Amgen Inc. | 0.13% | 3,813 | $1.1M | Reduce -22.6% |
| EBAY eBay Inc. | 0.13% | 11,627 | $1.1M | No change |
| IEMG iShares Core MSCI Emerging | 0.13% | 16,030 | $1.1M | No change |
| ADM Archer-Daniels-Midland Co. | 0.13% | 17,409 | $1.0M | Reduce -2.4% |
| NVR NVR Inc. | 0.12% | 125 | $1.0M | No change |
| PG The Procter & Gamble Co. | 0.12% | 6,258 | $962K | Reduce -8.0% |
| SCHF Schwab Intl Equity ETF | 0.11% | 40,101 | $934K | Add +0.0% |
| MPLX MPLX LP | 0.11% | 17,857 | $892K | Add +22.9% |
| SU Suncor Energy Inc. | 0.11% | 21,224 | $887K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| GLDM SPDR Gold Minishares Trust | Reduce -16.6% | 6.84% | −0.95 |
| SCHP Schwab U.S. Tips ETF | Reduce -11.3% | 2.05% | −0.49 |
| SPIP SS SPDR P Tips ETF | Sold out | 0.00% | −0.38 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.9% | 6.83% | −0.25 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -40.0% | 0.27% | −0.23 |
| GOVT iShares US Treasury Bond ETF | Reduce -66.6% | 0.10% | −0.22 |
| META Meta Platforms Inc. Class A | Reduce -4.8% | 1.11% | −0.19 |
| MSFT Microsoft Corp. | Reduce -3.5% | 1.53% | −0.16 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -0.4% | 1.28% | −0.14 |
| SCHR Schwab Intermediate-Term US | Reduce -18.9% | 0.38% | −0.14 |
| V Visa Inc. Class A | Reduce -1.5% | 0.73% | −0.13 |
| SCHO Schwab Short-Term US Treas | Reduce -0.9% | 0.92% | −0.11 |
| DE Deere & Co. | Reduce -0.7% | 0.33% | −0.08 |
| HES Hess Corp. | Sold out | 0.00% | −0.08 |
| UPS United Parcel Service Class B | Reduce -50.3% | 0.04% | −0.07 |
| MA Mastercard Inc. Class A | Reduce -0.5% | 0.67% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -1.0% | 0.33% | −0.07 |
| SGOV iShares 0-3 Month Treasury B | Sold out | 0.00% | −0.06 |
| IXUS iShares Core Intl Stock ETF | Reduce -43.2% | 0.07% | −0.06 |
| AMGN Amgen Inc. | Reduce -22.6% | 0.13% | −0.05 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -6.5% | 0.53% | −0.05 |
| WMT Walmart Inc. | Reduce -1.2% | 0.74% | −0.05 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.04 |
| ADP Automatic Data Processing | Reduce -0.5% | 0.21% | −0.04 |
| KMX Carmax Inc. | Sold out | 0.00% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -4.6% | 0.28% | −0.03 |
| PKX Posco Holdings Inc. -Spon ADR | Reduce -2.1% | 0.26% | −0.03 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -8.0% | 0.12% | −0.03 |
| VHT Vanguard Health Care ETF | Reduce -46.5% | 0.03% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -2.9% | 0.28% | −0.03 |
| T AT&T Inc. | Reduce -14.3% | 0.08% | −0.03 |
| SLB SLB Ltd. | Reduce -1.7% | 0.21% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -7.5% | 0.26% | −0.02 |
| BAC Bank of America Corp. | Reduce -20.2% | 0.07% | −0.02 |
| PFE Pfizer Inc. | Reduce -3.4% | 0.16% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -23.5% | 0.03% | −0.01 |
| SOBO South Bow Corp. | Reduce -4.1% | 0.17% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -2.5% | 0.07% | −0.00 |
| HD Home Depot Inc. | Reduce -0.2% | 0.61% | −0.00 |
| UNP Union Pacific Corp. | Reduce -2.5% | 0.03% | −0.00 |
| OXY Occidental Petroleum Corp. | Reduce -3.5% | 0.04% | −0.00 |
| ADM Archer-Daniels-Midland Co. | Reduce -2.4% | 0.13% | −0.00 |
| TJX TJX Companies Inc. | Reduce -3.4% | 0.06% | +0.00 |
| SRE Sempra | Reduce -1.3% | 0.07% | +0.00 |
| PICK iShares MSCI Global Metals & | Reduce -6.0% | 2.82% | +0.01 |
| JNJ Johnson & Johnson | Reduce -0.8% | 0.68% | +0.05 |
| AAPL Apple Inc. | Reduce -1.0% | 1.59% | +0.16 |
Portfolio Buys Q2 2025 → Q3 2025
| VBIL Vanguard 0-3M T-Bill ETF | Add +446.3% | 1.94% | +1.55 |
| GOOG Alphabet Inc. Class C | Add +0.5% | 2.17% | +0.43 |
| AVUV Avantis US Small Cap Value | Add +12.0% | 3.52% | +0.33 |
| AVDV Avantis Intl S/C Value ETF | Add +7.2% | 4.01% | +0.32 |
| VXUS Vanguard Total Intl Stock | Add +10.7% | 5.05% | +0.29 |
| VOO Vanguard S&P 500 ETF | Add +25.4% | 1.52% | +0.27 |
| IVV iShares Core S&P 500 ETF | New | 0.23% | +0.23 |
| SCCO Southern Copper Corp. | Add +6.1% | 1.59% | +0.20 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +13.0% | 3.90% | +0.20 |
| ALB Albemarle Corp. | Add +22.5% | 0.64% | +0.19 |
| DEO Diageo PLC-Sponsored ADR | New | 0.18% | +0.18 |
| CB Chubb Ltd. | Add +51.7% | 0.66% | +0.17 |
| BHP BHP Group Ltd.-Spon ADR | Add +22.9% | 0.68% | +0.15 |
| RIO Rio Tinto PLC-Spon ADR | Add +19.0% | 0.83% | +0.15 |
| VALE Vale SA-SP ADR | Add +38.1% | 0.44% | +0.13 |
| ENB Enbridge Inc. | Add +3.6% | 2.13% | +0.08 |
| TRP TC Energy Corp. | Add +3.4% | 2.08% | +0.08 |
| VPU Vanguard Utilities ETF | Add +13.1% | 0.86% | +0.07 |
| FNV Franco-Nevada Corp. | Add +9.0% | 0.29% | +0.07 |
| IAUM iShares Gold Trust Micro | Add +8.3% | 0.55% | +0.07 |
| CVX Chevron Corp. | Add +14.7% | 0.59% | +0.06 |
| ABBV Abbvie Inc. | New | 0.06% | +0.06 |
| B Barrick Mining Corp. | Add +35.2% | 0.10% | +0.05 |
| NEM Newmont Corp. | Add +23.8% | 0.10% | +0.04 |
| VDE Vanguard Energy ETF | Add +7.2% | 1.64% | +0.03 |
| MCD McDonald's Corp. | New | 0.03% | +0.03 |
| WPM Wheaton Precious Metals Corp. | Add +1.1% | 0.26% | +0.03 |
| FLKR Franklin Ftse South Korea | New | 0.03% | +0.03 |
| VNQ Vanguard Real Estate ETF | New | 0.02% | +0.02 |
| SCHD Schwab US DVD Equity ETF | New | 0.02% | +0.02 |
| GDX Vaneck Gold Miners ETF | New | 0.02% | +0.02 |
| DFAT Dimensional US Target Value | Add +42.5% | 0.05% | +0.01 |
| ET Energy Transfer LP | Add +54.4% | 0.06% | +0.01 |
| PAA Plains All Amer Pipeline LP | Add +51.7% | 0.06% | +0.01 |
| RGLD Royal Gold Inc. | Add +4.0% | 0.17% | +0.01 |
| BP BP PLC-Spons ADR | Add +25.1% | 0.04% | +0.01 |
| MPLX MPLX LP | Add +22.9% | 0.11% | +0.01 |
| EPD Enterprise Products Partners | Add +10.2% | 0.29% | +0.00 |
| SHEL Shell PLC-ADR | Add +8.8% | 0.03% | −0.00 |
| IBIT iShares Bitcoin Trust ETF | Add +0.1% | 0.03% | −0.00 |
| SCHB Schwab US Broad Market ETF | Add +1.1% | 0.08% | −0.00 |
| VYM Vanguard High DVD Yield ETF | Add +0.1% | 0.04% | −0.00 |
| LTPZ PIMCO 15+ YR US Tips Indx | Add +8.1% | 0.19% | −0.00 |
| XLE SS Energy Select Sector | Add +4.2% | 0.31% | −0.00 |
| COP Conocophillips | Add +4.1% | 0.52% | −0.01 |
| SCHF Schwab Intl Equity ETF | Add +0.0% | 0.11% | −0.01 |
| DFSV Dimensional US Small Cap Val | Add +2.0% | 1.50% | −0.01 |
| DISV Dimensional International SM | Add +1.1% | 0.98% | −0.01 |
| VT Vanguard Tot World STK ETF | Add +0.4% | 0.54% | −0.02 |
| WRB WR Berkley Corp. | Add +0.3% | 0.37% | −0.02 |
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 |