Rock Point Advisors, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 4, 2026), Rock Point Advisors, LLC reported 121 stock positions worth $399.5 million. Its top holding was Citigroup (C) at 5.7% of the portfolio, followed by Apple (AAPL, 3.7%) and TJX Companies (TJX, 3.6%). Compared with Q3 2025, it opened 7 new positions, sold out of 2, added to 44 and reduced 42. The biggest buy was a new position in Veeva Systems Class A (VEEV) and the biggest sale Ameresco Class A (AMRC, shares −23%).

Most Recent 13F
Q2 2026
Location
BURLINGTON, VT
CIK
0001301540
Portfolio Value
$399.5M (Q4 2025)
SEC Filing
0001301540-26-000001 ↗ filed Feb 4, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $336.7M Q1 2024 Q2 2024: $333.5M Q2 2024 Q3 2024: $366.3M Q3 2024 Q4 2024: $343.0M Q4 2024 Q1 2025: $324.2M Q1 2025 Q2 2025: $354.5M Q2 2025 Q3 2025: $377.4M Q3 2025 Q4 2025: $399.5M $399.5M Q4 2025 Q1 2026: $369.6M Q1 2026 Q2 2026: $408.9M Q2 2026

Holdings 121 stocks · $399.5M
C Citigroup Inc. 5.70% 195,132 $22.8M Reduce -4.5%
AAPL Apple Inc. 3.72% 54,698 $14.9M Reduce -0.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 3.57% 92,965 $14.3M Reduce -0.7%
CSCO Cisco Systems Inc. 3.40% 176,128 $13.6M Reduce -0.7%
GOOGL Alphabet Inc. Class A 3.29% 41,988 $13.1M Reduce -3.3%
AVGO Broadcom Inc. 3.26% 37,681 $13.0M Reduce -0.7%
AES AES Corp. 3.04% 845,807 $12.1M Reduce -9.3%
KW Kennedy-Wilson Holdings Inc. 3.01% 1,244,907 $12.0M Reduce -12.9%
ACN Accenture PLC Class A 2.95% 43,902 $11.8M Add +0.4%
SONY Sony Group Corp. - SP ADR 2.91% 453,752 $11.6M Add +3.5%
JEF Jefferies Financial Group Inc. 2.80% 180,372 $11.2M Add +4.1%
APTV Aptiv PLC 2.69% 140,966 $10.7M Reduce -0.3%
DAL Delta Air Lines Inc. 2.62% 150,608 $10.5M Reduce -1.3%
NEE Nextera Energy Inc. 2.43% 121,023 $9.7M Reduce -0.3%
AIG American International Group 2.24% 104,680 $9.0M Add +2.5%
SAP Sap SE-Sponsored ADR 2.04% 33,569 $8.2M Add +66.5%
FBP First Bancorp Puerto Rico 1.87% 360,611 $7.5M Add +12.2%
PCH Potlatchdeltic Corp. 1.85% 185,294 $7.4M Add +1.1%
WPC WP Carey Inc. 1.83% 113,292 $7.3M Add +0.3%
GVA Granite Construction Inc. 1.70% 58,819 $6.8M Reduce -0.7%
AKAM Akamai Technologies Inc. 1.68% 76,722 $6.7M Reduce -2.8%
CWEN.A Clearway Energy Inc. Class A 1.63% 207,183 $6.5M Reduce -0.1%
TXN Texas Instruments Inc. 1.58% 36,301 $6.3M Add +6.9%
COLD Americold Realty Trust Inc. 1.57% 488,740 $6.3M Add +8.6%
GLW Corning Inc. 1.56% 71,016 $6.2M Reduce -3.0%
NEXN Nexxen International Ltd. 1.56% 950,517 $6.2M Add +42.5%
GPN Global Payments Inc. 1.48% 76,292 $5.9M Reduce -1.9%
AMRC Ameresco Inc. Class A 1.41% 191,787 $5.6M Reduce -23.3%
MTLS Materialise NV-ADR 1.40% 1,005,491 $5.6M Add +2.1%
ALEX Alexander & Baldwin Inc. 1.35% 261,116 $5.4M Add +20.0%
ATKR Atkore Inc. 1.35% 85,002 $5.4M Reduce -21.7%
CFLT Confluent Inc. Class A 1.34% 177,240 $5.4M Add +11.9%
CB Chubb Ltd. 1.26% 16,128 $5.0M Reduce -0.0%
MTB M & T Bank Corp. filed as M & T BK CORP 1.21% 24,051 $4.8M Add +0.9%
LIVN Livanova PLC 1.21% 78,475 $4.8M Add +34.1%
EVH Evolent Health Inc. Class A 1.19% 1,190,156 $4.8M Add +21.6%
SYK Stryker Corp. 1.16% 13,181 $4.6M Add +0.9%
MU Micron Technology Inc. 1.10% 15,341 $4.4M Reduce -13.8%
T AT&T Inc. 1.03% 166,049 $4.1M Add +1.9%
SLVM Sylvamo Corp. 0.99% 82,314 $4.0M Add +0.3%
UBER Uber Technologies Inc. 0.99% 48,268 $3.9M Add +5.0%
GIS General Mills Inc. 0.92% 78,708 $3.7M Reduce -15.9%
NLY Annaly Capital Management Inc. 0.85% 152,396 $3.4M Reduce -4.8%
PFE Pfizer Inc. 0.72% 115,833 $2.9M Reduce -6.3%
BBY Best Buy Co. Inc. 0.72% 43,002 $2.9M Add +47.0%
BKT BlackRock Income Trust 0.69% 250,023 $2.8M Add +171.3%
VEEV Veeva Systems Inc. Class A 0.68% 12,240 $2.7M New
BPOP Popular Inc. 0.61% 19,457 $2.4M Add +0.2%
BSX Boston Scientific Corp. 0.55% 23,163 $2.2M New
HASI Ha Sustainable Infrastructur 0.55% 69,965 $2.2M New
MSFT Microsoft Corp. 0.54% 4,444 $2.1M Add +1.2%
ESGV Vanguard ESG US Stock ETF 0.40% 13,200 $1.6M No change
IVV iShares Core S&P 500 ETF 0.34% 1,965 $1.3M Add +11.1%
GDX Vaneck Gold Miners ETF 0.32% 15,012 $1.3M Reduce -12.0%
JNJ Johnson & Johnson 0.31% 5,899 $1.2M Add +0.2%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.25% 23,518 $1.0M Reduce -1.1%
SUB iShares Short-Term National 0.23% 8,680 $926K Add +0.5%
SPDW Ste STR SPDR PT DW Eu ETF 0.23% 20,798 $924K Add +3.5%
GE General Electric filed as GE AEROSPACE 0.22% 2,849 $878K No change
AEM Agnico Eagle Mines Ltd. 0.20% 4,780 $810K Reduce -4.1%
AGG iShares Core U.S. Aggregate 0.20% 8,046 $804K No change
VSGX Vanguard ESG Intl Stock ETF 0.19% 10,700 $766K No change
PG The Procter & Gamble Co. 0.19% 5,270 $755K No change
BSV Vanguard Short-Term Bond ETF 0.19% 9,565 $754K Add +5.5%
MUB iShares National Muni Bond E 0.18% 6,811 $730K Reduce -1.8%
AMWL American Well Corp. Class A 0.16% 133,584 $656K Reduce -48.5%
GSST Goldman Sachs Ultra Short Bo 0.15% 11,875 $599K No change
BND Vanguard Total Bond Market 0.15% 7,955 $589K No change
BRK.B Berkshire Hathaway Inc. Class B 0.14% 1,152 $579K No change
FLRN SS SPDR BB Ig Float RT ETF 0.14% 18,745 $576K Reduce -1.1%
GBIL Goldman Sachs Access Treasur 0.14% 5,488 $548K Reduce -8.3%
SBI Western Asset Intermediate 0.14% 70,925 $545K Add +10.9%
PEP Pepsico Inc. 0.13% 3,635 $522K Reduce -0.7%
CVX Chevron Corp. 0.12% 3,244 $494K No change
XWIAX Western Asset Infl-Link Sec 0.12% 58,968 $488K Add +6.5%
GEV GE Vernova Inc. 0.12% 715 $467K No change
RGLD Royal Gold Inc. 0.11% 2,000 $445K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.11% 1,494 $443K Reduce -1.1%
SGOV iShares 0-3 Month Treasury B 0.11% 4,209 $422K Add +12.0%
NEM Newmont Corp. 0.10% 4,198 $419K Reduce -19.2%
XOM Exxon Mobil Corp. 0.10% 3,364 $405K Add +3.9%
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.10% 34,090 $396K Reduce -10.3%
MMU Western Asset Managed Munici 0.10% 36,983 $386K Add +6.0%
XEVVX Eaton Vance Ltd. Durat Inc. 0.10% 38,849 $385K Add +0.8%
GDXJ Vaneck Junior Gold Miners 0.09% 3,287 $374K No change
SHM SS SPDR N Ice St Muni ETF 0.09% 7,315 $351K No change
WPM Wheaton Precious Metals Corp. 0.09% 2,980 $350K Reduce -21.2%
NVO Novo-Nordisk A/S-Spons ADR 0.09% 6,850 $349K No change
BIIB Biogen Inc. 0.08% 1,840 $324K No change
IYR iShares US Real Estate ETF 0.08% 3,440 $323K Reduce -11.7%
SCHB Schwab US Broad Market ETF 0.08% 12,243 $321K No change
RELX Relx PLC - Spon ADR 0.08% 7,810 $316K Add +2.3%
GOOG Alphabet Inc. Class C 0.08% 991 $311K Add +0.3%
JPM JPMorgan Chase & Co. 0.08% 947 $305K Add +2.3%
REGN Regeneron Pharmaceuticals 0.07% 380 $293K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 2,540 $289K No change
VEA Vanguard Ftse Developed ETF 0.07% 4,554 $284K Add +13.8%
SCHA Schwab US Small-Cap ETF 0.07% 9,956 $284K Reduce -0.4%
BMI Badger Meter Inc. 0.07% 1,600 $279K No change
TFC Truist Financial Corp. 0.07% 5,475 $269K No change
IJH iShares Core S&P Midcap ETF 0.07% 4,064 $268K Add +8.1%
VDC Vanguard Consumer Staple ETF 0.07% 1,265 $267K New
LMT Lockheed Martin Corp. 0.07% 540 $261K No change
CSX CSX Corp. 0.07% 7,200 $261K No change
ABBV Abbvie Inc. 0.06% 1,126 $257K Add +0.5%
VTV Vanguard Mrngstr Val ETF-Aui 0.06% 1,300 $248K No change
QQQM Invesco Nasdaq 100 ETF 0.06% 950 $240K No change
GLD SPDR Gold Shares 0.06% 595 $236K No change
SPSM SS SPDR P S&P 600 Small Cap 0.06% 5,019 $235K Add +0.4%
BNDX Vanguard Total Intl Bond ETF 0.06% 4,850 $234K No change
IEFA iShares Core MSCI Eafe ETF 0.06% 2,588 $232K New
TIP iShares Tips Bond ETF 0.06% 2,095 $230K Add +4.7%
PAAS Pan American Silver Corp. 0.06% 4,437 $230K Reduce -18.8%
ORCL Oracle Corp. 0.06% 1,170 $228K No change
WLDN Willdan Group Inc. 0.05% 2,060 $214K New
SCHM Schwab US Mid Cap ETF 0.05% 7,003 $211K Reduce -1.3%
SCHX Schwab US Large-Cap ETF 0.05% 7,647 $206K Reduce -0.0%
SCHF Schwab Intl Equity ETF 0.05% 8,464 $203K New
TMO Thermo Fisher Scientific Inc. 0.05% 348 $202K Reduce -36.5%
NUV Nuveen Municipal Value 0.03% 13,250 $120K No change
SABA Saba Capital Income & Opp II 0.03% 12,088 $100K Reduce -28.2%

Portfolio Sells Q3 2025 → Q4 2025
AMRC Ameresco Inc. Class A Reduce -23.3% 1.41% −0.82
APTV Aptiv PLC Reduce -0.3% 2.69% −0.55
ATKR Atkore Inc. Reduce -21.7% 1.35% −0.46
GIS General Mills Inc. Reduce -15.9% 0.92% −0.34
AMWL American Well Corp. Class A Reduce -48.5% 0.16% −0.26
GPN Global Payments Inc. Reduce -1.9% 1.48% −0.23
AES AES Corp. Reduce -9.3% 3.04% −0.22
KW Kennedy-Wilson Holdings Inc. Reduce -12.9% 3.01% −0.14
PFE Pfizer Inc. Reduce -6.3% 0.72% −0.11
VTI VG Morningstar TS MKT ETF-US Sold out 0.00% −0.08
VXUS Vanguard Total Intl Stock Sold out 0.00% −0.06
AVGO Broadcom Inc. Reduce -0.7% 3.26% −0.05
GLW Corning Inc. Reduce -3.0% 1.56% −0.03
WPM Wheaton Precious Metals Corp. Reduce -21.2% 0.09% −0.02
GVA Granite Construction Inc. Reduce -0.7% 1.70% −0.02
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -1.1% 0.25% −0.02
GDX Vaneck Gold Miners ETF Reduce -12.0% 0.32% −0.02
GBIL Goldman Sachs Access Treasur Reduce -8.3% 0.14% −0.02
TMO Thermo Fisher Scientific Inc. Reduce -36.5% 0.05% −0.02
AEM Agnico Eagle Mines Ltd. Reduce -4.1% 0.20% −0.02
IYR iShares US Real Estate ETF Reduce -11.7% 0.08% −0.02
SABA Saba Capital Income & Opp II Reduce -28.2% 0.03% −0.02
XNEAX Nuveen Amt-FR QLTY Muni Inc. Reduce -10.3% 0.10% −0.02
MUB iShares National Muni Bond E Reduce -1.8% 0.18% −0.01
NEM Newmont Corp. Reduce -19.2% 0.10% −0.01
FLRN SS SPDR BB Ig Float RT ETF Reduce -1.1% 0.14% −0.01
TJX TJX Companies Inc. Reduce -0.7% 3.57% −0.01
PEP Pepsico Inc. Reduce -0.7% 0.13% −0.01
NLY Annaly Capital Management Inc. Reduce -4.8% 0.85% −0.00
SCHM Schwab US Mid Cap ETF Reduce -1.3% 0.05% −0.00
SCHA Schwab US Small-Cap ETF Reduce -0.4% 0.07% −0.00
IBM Intl Business Machines Corp. Reduce -1.1% 0.11% −0.00
SCHX Schwab US Large-Cap ETF Reduce -0.0% 0.05% −0.00
PAAS Pan American Silver Corp. Reduce -18.8% 0.06% +0.00
NEE Nextera Energy Inc. Reduce -0.3% 2.43% +0.00
AAPL Apple Inc. Reduce -0.0% 3.72% +0.03
CB Chubb Ltd. Reduce -0.0% 1.26% +0.05
AKAM Akamai Technologies Inc. Reduce -2.8% 1.68% +0.09
CWEN.A Clearway Energy Inc. Class A Reduce -0.1% 1.63% +0.15
CSCO Cisco Systems Inc. Reduce -0.7% 3.40% +0.18
C Citigroup Inc. Reduce -4.5% 5.70% +0.20
MU Micron Technology Inc. Reduce -13.8% 1.10% +0.31
DAL Delta Air Lines Inc. Reduce -1.3% 2.62% +0.32
GOOGL Alphabet Inc. Class A Reduce -3.3% 3.29% +0.49

Portfolio Buys Q3 2025 → Q4 2025
VEEV Veeva Systems Inc. Class A New 0.68% +0.68
SAP Sap SE-Sponsored ADR Add +66.5% 2.04% +0.61
BSX Boston Scientific Corp. New 0.55% +0.55
HASI Ha Sustainable Infrastructur New 0.55% +0.55
CFLT Confluent Inc. Class A Add +11.9% 1.34% +0.51
BKT BlackRock Income Trust Add +171.3% 0.69% +0.42
LIVN Livanova PLC Add +34.1% 1.21% +0.40
ALEX Alexander & Baldwin Inc. Add +20.0% 1.35% +0.30
BBY Best Buy Co. Inc. Add +47.0% 0.72% +0.13
AIG American International Group Add +2.5% 2.24% +0.12
COLD Americold Realty Trust Inc. Add +8.6% 1.57% +0.11
ACN Accenture PLC Class A Add +0.4% 2.95% +0.09
VDC Vanguard Consumer Staple ETF New 0.07% +0.07
IEFA iShares Core MSCI Eafe ETF New 0.06% +0.06
WLDN Willdan Group Inc. New 0.05% +0.05
SCHF Schwab Intl Equity ETF New 0.05% +0.05
SLVM Sylvamo Corp. Add +0.3% 0.99% +0.03
IVV iShares Core S&P 500 ETF Add +11.1% 0.34% +0.02
JNJ Johnson & Johnson Add +0.2% 0.31% +0.02
GOOG Alphabet Inc. Class C Add +0.3% 0.08% +0.01
VEA Vanguard Ftse Developed ETF Add +13.8% 0.07% +0.01
SGOV iShares 0-3 Month Treasury B Add +12.0% 0.11% +0.01
XOM Exxon Mobil Corp. Add +3.9% 0.10% +0.00
SPDW Ste STR SPDR PT DW Eu ETF Add +3.5% 0.23% +0.00
SBI Western Asset Intermediate Add +10.9% 0.14% +0.00
IJH iShares Core S&P Midcap ETF Add +8.1% 0.07% +0.00
MMU Western Asset Managed Munici Add +6.0% 0.10% +0.00
BSV Vanguard Short-Term Bond ETF Add +5.5% 0.19% −0.00
JPM JPMorgan Chase & Co. Add +2.3% 0.08% −0.00
TIP iShares Tips Bond ETF Add +4.7% 0.06% −0.00
XWIAX Western Asset Infl-Link Sec Add +6.5% 0.12% −0.00
SPSM SS SPDR P S&P 600 Small Cap Add +0.4% 0.06% −0.00
ABBV Abbvie Inc. Add +0.5% 0.06% −0.00
FBP First Bancorp Puerto Rico Add +12.2% 1.87% −0.01
XEVVX Eaton Vance Ltd. Durat Inc. Add +0.8% 0.10% −0.01
SUB iShares Short-Term National Add +0.5% 0.23% −0.01
RELX Relx PLC - Spon ADR Add +2.3% 0.08% −0.02
MTB M & T Bank Corp. Add +0.9% 1.21% −0.03
BPOP Popular Inc. Add +0.2% 0.61% −0.05
MTLS Materialise NV-ADR Add +2.1% 1.40% −0.06
MSFT Microsoft Corp. Add +1.2% 0.54% −0.07
TXN Texas Instruments Inc. Add +6.9% 1.58% −0.08
NEXN Nexxen International Ltd. Add +42.5% 1.56% −0.08
SYK Stryker Corp. Add +0.9% 1.16% −0.12
PCH Potlatchdeltic Corp. Add +1.1% 1.85% −0.13
T AT&T Inc. Add +1.9% 1.03% −0.19
WPC WP Carey Inc. Add +0.3% 1.83% −0.20
JEF Jefferies Financial Group Inc. Add +4.1% 2.80% −0.21
UBER Uber Technologies Inc. Add +5.0% 0.99% −0.21
SONY Sony Group Corp. - SP ADR Add +3.5% 2.91% −0.44

Notes & Other Activity Q3 2025 → Q4 2025
BLACKROCK INCOME TR-RT RIGHT 10/20/2025 Sold out 92,173 $5Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 123$408.9MC, AAPL, CSCO, GOOGL, TJX
Q1 2026 118$369.6MC, TJX, AAPL, KW, GOOGL
Q4 2025 121$399.5MC, AAPL, TJX, CSCO, GOOGL
Q3 2025 116$377.4MC, AAPL, TJX, SONY, AVGO
Q2 2025 109$354.5MC, AVGO, CSCO, AES, TJX
Q1 2025 106$324.2MC, TJX, SONY, AAPL, AES
Q4 2024 105$343.0MC, JEF, AVGO, TJX, AAPL
Q3 2024 110$366.3MC, AES, TJX, AAPL, JEF
Q2 2024 103$333.5MC, TJX, JEF, SONY, AAPL
Q1 2024 107$336.7MC, JEF, SP, TJX, EVH