Whitegate Investment Counselors, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 23, 2025), Whitegate Investment Counselors, Inc. reported 66 stock positions worth $303.8 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 11.6% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 8.0%) and iShares Russell 1000 Growth (IWF, 7.3%). Compared with Q2 2025, it opened 2 new positions, sold out of 4, added to 14 and reduced 31. The biggest buy was JPMorgan Core Plus Bond ETF (JCPB, shares +38%) and the biggest sale iShares National Muni Bond E (MUB, shares −73%).
- Most Recent 13F
- Q2 2026
- Location
- CONCORD, NH
- CIK
- 0001667102
- Portfolio Value
- $303.8M (Q3 2025)
- SEC Filing
- 0001667102-25-000006 ↗ filed Oct 23, 2025
Holdings Value
Holdings 66 stocks · $303.8M
| BRK.B Berkshire Hathaway Inc. Class B | 11.55% | 69,802 | $35.1M | Reduce -2.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 8.01% | 50,723 | $24.3M | Reduce -0.0% |
| IWF iShares Russell 1000 Growth | 7.33% | 47,514 | $22.3M | Reduce -2.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 6.64% | 79,371 | $20.2M | Reduce -1.1% |
| VIG Vanguard Dividend Apprec ETF | 6.27% | 88,209 | $19.0M | Reduce -1.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 5.07% | 82,550 | $15.4M | Reduce -1.3% |
| VEA Vanguard Ftse Developed ETF | 4.98% | 252,669 | $15.1M | Reduce -0.9% |
| SCHD Schwab US DVD Equity ETF | 4.66% | 518,695 | $14.2M | Reduce -3.8% |
| IWP iShares Russell Mid-Cap Grow | 3.69% | 78,676 | $11.2M | Add +0.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.95% | 30,489 | $9.0M | Reduce -1.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.91% | 110,661 | $8.8M | Reduce -2.2% |
| EFA iShares MSCI Eafe ETF | 2.84% | 92,243 | $8.6M | Reduce -0.2% |
| VTIP Vanguard Short-Term Tips | 2.79% | 167,662 | $8.5M | Reduce -2.1% |
| SDY SS SPDR S&P Dividend ETF | 2.44% | 52,998 | $7.4M | Reduce -0.5% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 2.44% | 145,205 | $7.4M | Add +5.7% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.25% | 32,778 | $6.8M | Reduce -2.9% |
| NYF iShares New York Muni Bond E | 1.63% | 92,550 | $4.9M | Add +6.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.49% | 6 | $4.5M | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.48% | 25,762 | $4.5M | Reduce -2.2% |
| IWR iShares Russell Mid-Cap ETF | 1.45% | 45,615 | $4.4M | Add +0.1% |
| IWN iShares Russell 2000 Value E | 1.43% | 24,620 | $4.4M | Add +0.0% |
| VNQ Vanguard Real Estate ETF | 1.33% | 44,243 | $4.0M | Reduce -3.7% |
| IYR iShares US Real Estate ETF | 1.13% | 35,223 | $3.4M | Reduce -0.5% |
| JMUB JPMorgan Municipal ETF | 0.97% | 58,325 | $2.9M | Reduce -10.3% |
| IWS iShares Russell Mid-Cap Valu | 0.91% | 19,817 | $2.8M | No change |
| SCHB Schwab US Broad Market ETF | 0.89% | 105,107 | $2.7M | Add +0.9% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.87% | 28,032 | $2.6M | Add +5.5% |
| IWO iShares Russell 2000 Growth | 0.83% | 7,855 | $2.5M | No change |
| MDY State Street SPDR S&P Midcap | 0.81% | 4,150 | $2.5M | No change |
| JCPB JPMorgan Core Plus Bond ETF | 0.64% | 40,574 | $1.9M | Add +37.8% |
| VEU Vanguard Ftse All-World Ex-U | 0.61% | 26,025 | $1.9M | Reduce -6.5% |
| VTES Vanguard SH Term Tax-Ex Bond | 0.58% | 17,380 | $1.8M | No change |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.47% | 4,838 | $1.4M | Reduce -11.1% |
| IWD iShares Russell 1000 Value E | 0.43% | 6,479 | $1.3M | Reduce -2.3% |
| IWB iShares Russell 1000 ETF | 0.43% | 3,543 | $1.3M | No change |
| IWM iShares Russell 2000 ETF | 0.40% | 5,038 | $1.2M | No change |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.38% | 3,888 | $1.1M | Reduce -8.1% |
| MPC Marathon Petroleum Corp. | 0.33% | 5,124 | $988K | Add +0.5% |
| AAPL Apple Inc. | 0.29% | 3,440 | $876K | Add +0.1% |
| MSFT Microsoft Corp. | 0.26% | 1,529 | $792K | Add +0.1% |
| ICF iShares Select U.S. REIT ETF | 0.26% | 12,825 | $790K | Reduce -4.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.25% | 9,096 | $755K | Reduce -5.4% |
| VOO Vanguard S&P 500 ETF | 0.25% | 1,219 | $746K | Reduce -1.5% |
| NFLX Netflix Inc. | 0.24% | 600 | $719K | No change |
| SHM SS SPDR N Ice St Muni ETF | 0.21% | 13,030 | $628K | Reduce -23.3% |
| AGG iShares Core U.S. Aggregate | 0.19% | 5,848 | $586K | Reduce -26.4% |
| CBRE CBRE Group Inc. Class A | 0.18% | 3,455 | $544K | No change |
| AMZN Amazon.com Inc. | 0.17% | 2,400 | $527K | No change |
| AVAGO TECHNOLOGIES LTD filed as BROADCOM INC | 0.14% | 1,302 | $429K | Add +0.2% |
| TREX Trex Company Inc. | 0.14% | 8,100 | $419K | No change |
| CMF iShares California Muni Bond | 0.12% | 6,350 | $362K | No change |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.11% | 1,355 | $331K | No change |
| MUB iShares National Muni Bond E | 0.10% | 2,765 | $294K | Reduce -72.5% |
| LMAT Lemaitre Vascular Inc. | 0.10% | 3,298 | $289K | Add +0.2% |
| ESGV Vanguard ESG US Stock ETF | 0.09% | 2,366 | $280K | Add +4.1% |
| XVV iShares ESG Select Screened | 0.09% | 5,264 | $271K | Reduce -1.2% |
| XOM Exxon Mobil Corp. | 0.08% | 2,193 | $247K | Reduce -68.6% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.08% | 5,155 | $239K | No change |
| VGSH Vanguard Short-Term Treasury | 0.08% | 3,915 | $230K | No change |
| EUSB Ishr ESG Advn Universal BD-$ | 0.07% | 5,150 | $226K | No change |
| ABBV Abbvie Inc. | 0.07% | 960 | $222K | New |
| VWO Vanguard Ftse Emerging Marke | 0.07% | 4,014 | $217K | New |
| ORN Orion Group Holdings Inc. | 0.04% | 14,800 | $123K | No change |
| NWL Newell Brands Inc. | 0.02% | 14,430 | $76K | Reduce -6.0% |
| HYPERSOLAR INC | 0.00% | 146,833 | $4K | No change |
| Adelphia Commun Cp Clxxx | 0.00% | 100,000 | $0 | No change |
Portfolio Sells Q2 2025 → Q3 2025
| MUB iShares National Muni Bond E | Reduce -72.5% | 0.10% | −0.26 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.24 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.3% | 11.55% | −0.23 |
| SCHD Schwab US DVD Equity ETF | Reduce -3.8% | 4.66% | −0.19 |
| XOM Exxon Mobil Corp. | Reduce -68.6% | 0.08% | −0.17 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -2.2% | 2.91% | −0.14 |
| VTIP Vanguard Short-Term Tips | Reduce -2.1% | 2.79% | −0.13 |
| JMUB JPMorgan Municipal ETF | Reduce -10.3% | 0.97% | −0.13 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.10 |
| AGG iShares Core U.S. Aggregate | Reduce -26.4% | 0.19% | −0.07 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.07 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -23.3% | 0.21% | −0.07 |
| VNQ Vanguard Real Estate ETF | Reduce -3.7% | 1.33% | −0.06 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -11.1% | 0.47% | −0.04 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -8.1% | 0.38% | −0.03 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -6.5% | 0.61% | −0.02 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -5.4% | 0.25% | −0.02 |
| ICF iShares Select U.S. REIT ETF | Reduce -4.4% | 0.26% | −0.02 |
| IYR iShares US Real Estate ETF | Reduce -0.5% | 1.13% | −0.01 |
| SDY SS SPDR S&P Dividend ETF | Reduce -0.5% | 2.44% | −0.01 |
| FPAYQ Flexshopper Inc. | Sold out | 0.00% | −0.01 |
| NWL Newell Brands Inc. | Reduce -6.0% | 0.02% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.8% | 2.95% | −0.00 |
| IWD iShares Russell 1000 Value E | Reduce -2.3% | 0.43% | −0.00 |
| XVV iShares ESG Select Screened | Reduce -1.2% | 0.09% | +0.00 |
| VOO Vanguard S&P 500 ETF | Reduce -1.5% | 0.25% | +0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -2.2% | 1.48% | +0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -2.9% | 2.25% | +0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.7% | 6.27% | +0.03 |
| EFA iShares MSCI Eafe ETF | Reduce -0.2% | 2.84% | +0.03 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.9% | 4.98% | +0.05 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.3% | 5.07% | +0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -1.1% | 6.64% | +0.18 |
| IWF iShares Russell 1000 Growth | Reduce -2.7% | 7.33% | +0.28 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.0% | 8.01% | +0.46 |
Portfolio Buys Q2 2025 → Q3 2025
| JCPB JPMorgan Core Plus Bond ETF | Add +37.8% | 0.64% | +0.16 |
| IWN iShares Russell 2000 Value E | Add +0.0% | 1.43% | +0.11 |
| NYF iShares New York Muni Bond E | Add +6.0% | 1.63% | +0.08 |
| ABBV Abbvie Inc. | New | 0.07% | +0.07 |
| VWO Vanguard Ftse Emerging Marke | New | 0.07% | +0.07 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +5.5% | 0.87% | +0.07 |
| JMST JPM Ultra-Short Muni Income | Add +5.7% | 2.44% | +0.07 |
| AAPL Apple Inc. | Add +0.1% | 0.29% | +0.05 |
| SCHB Schwab US Broad Market ETF | Add +0.9% | 0.89% | +0.05 |
| MPC Marathon Petroleum Corp. | Add +0.5% | 0.33% | +0.04 |
| IWR iShares Russell Mid-Cap ETF | Add +0.1% | 1.45% | +0.03 |
| AVAGO TECHNOLOGIES LTD | Add +0.2% | 0.14% | +0.02 |
| ESGV Vanguard ESG US Stock ETF | Add +4.1% | 0.09% | +0.01 |
| MSFT Microsoft Corp. | Add +0.1% | 0.26% | +0.00 |
| LMAT Lemaitre Vascular Inc. | Add +0.2% | 0.10% | +0.00 |
| IWP iShares Russell Mid-Cap Grow | Add +0.2% | 3.69% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 76 | $351.3M | BRK.B, VUG, VB, IWF, VIG |
| Q1 2026 | 68 | $314.5M | BRK.B, VUG, VB, IWF, VIG |
| Q4 2025 | 68 | $320.0M | BRK.B, VUG, IWF, VB, VIG |
| Q3 2025 | 66 | $303.8M | BRK.B, VUG, IWF, VB, VIG |
| Q2 2025 | 68 | $294.5M | BRK.B, VUG, IWF, VB, VIG |
| Q1 2025 | 66 | $281.8M | BRK.B, VUG, IWF, VB, VIG |
| Q4 2024 | 66 | $291.7M | BRK.B, VUG, IWF, VB, VIG |
| Q3 2024 | 66 | $376.9M | BRK.B, IWF, VB, VUG, VIG |
| Q2 2024 | 65 | $352.3M | BRK.B, IWF, VUG, VB, VIG |
| Q1 2024 | 62 | $355.0M | BRK.B, IWF, VB, VUG, VIG |