PATHSTONE FAMILY OFFICE, LLC

ENGLEWOOD, NJ · CIK 1511137 · 13F filing filed 2023-11-08

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$12.8bn reported value +82.7% vs Q2 2023

1,656positions

38.4%in top 10

461 new 1,031 added 106 reduced 41 sold out vs Q2 2023

Options: 0 call positions (— notional), 3 put positions ($267.0m notional) – listed below, not included above.

Also in the report of:

Dorsey & Whitney Trust CO LLC – $12.6m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q3 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	2,390,409	$1.0bn7.96%	7.96%	Added +1.7m	+1,707,357 250.0%
2	ISHARES TR CORE S&P500 ETF IVV	IVV	2,280,752	$979.3m7.62%	7.62%	Added +1.2m	+1,246,434 120.5%
3	MICROSOFT CORP COM MSFT	MSFT	1,462,153	$583.1m4.54%	4.54%	Added +281.6k	+281,571 23.9%
4	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	1,323,617	$519.8m4.05%	4.05%	Added +1.2m	+1,183,850 847.0%
5	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	963,113	$439.8m3.42%	3.42%	Added +961.2k	+961,212 50563.5%
6	APPLE INC COM AAPL	AAPL	2,300,589	$360.7m2.81%	2.81%	Added +1.1m	+1,138,120 97.9%
7	ISHARES TR CORE S&P MCP ETF IJH	IJH	1,437,089	$358.3m2.79%	2.79%	Added +1.2m	+1,191,095 484.2%
8	ISHARES TR RUS 1000 ETF IWB	IWB	1,170,028	$274.9m2.14%	2.14%	Added +1.1m	+1,119,893 2233.8%
9	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	4,732,735	$206.9m1.61%	1.61%	Added +635.7k	+635,707 15.5%
10	ISHARES TR CORE S&P SCP ETF IJR	IJR	2,016,088	$190.2m1.48%	1.48%	Added +999.5k	+999,503 98.3%
11	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	938,044	$183.6m1.43%	1.43%	Reduced -4.7k	-4,664 -0.5%
12	COCA COLA CO COM KO	KO	3,006,906	$168.4m1.31%	1.31%	Added +243.6k	+243,649 8.8%
13	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	304	$161.6m1.26%	1.26%	Added +47	+47 18.3%
14	ISHARES TR RUSSELL 2000 ETF IWM	IWM	893,233	$157.9m1.23%	1.23%	Added +716.2k	+716,176 404.5%
15	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	1,502,345	$155.2m1.21%	1.21%	Added +1.4m	+1,420,593 1737.7%
16	ISHARES TR RUS MID CAP ETF IWR	IWR	2,053,275	$142.2m1.11%	1.11%	Added +2.0m	+2,037,184 12660.4%
17	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	630,727	$134.0m1.04%	1.04%	Added +265.7k	+265,747 72.8%
18	VANGUARD INDEX FDS MID CAP ETF VO	VO	592,998	$123.5m0.96%	0.96%	Added +310.4k	+310,376 109.8%
19	LOWES COS INC COM LOW	LOW	528,852	$110.0m0.86%	0.86%	Added +26.3k	+26,287 5.2%
20	AMAZON COM INC COM AMZN	AMZN	855,736	$108.8m0.85%	0.85%	Added +307.0k	+307,043 56.0%
21	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	304,682	$107.2m0.83%	0.83%	Added +239.4k	+239,373 366.5%
22	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	3,339,433	$103.5m0.81%	0.81%	Reduced -241.5k	-241,511 -6.7%
23	KEURIG DR PEPPER INC COM KDP	KDP	3,159,283	$99.7m0.78%	0.78%	Added +123.9k	+123,889 4.1%
24	TESLA INC COM TSLA	TSLA	367,636	$92.8m0.72%	0.72%	Added +52.1k	+52,144 16.5%
25	SPDR SER TR S&P DIVID ETF SDY	SDY	801,808	$92.2m0.72%	0.72%	Added +783.7k	+783,682 4323.5%
26	ALPHABET INC CAP STK CL C GOOG	GOOG	629,210	$83.1m0.65%	0.65%	Added +299.0k	+298,952 90.5%
27	NVIDIA CORPORATION COM NVDA	NVDA	188,560	$82.2m0.64%	0.64%	Added +101.0k	+101,034 115.4%
28	DIMENSIONAL ETF TRUST INTL CORE EQUITY DFIC	DFIC	3,456,831	$80.7m0.63%	0.63%	Reduced -765.7k	-765,703 -18.1%
29	ALPHABET INC CAP STK CL A GOOGL	GOOGL	584,201	$76.6m0.60%	0.60%	Added +230.0k	+230,023 65.0%
30	ASGN INC COM EFOR	EFOR	919,155	$75.1m0.58%	0.58%	Added +792	+792 0.1%
31	DIMENSIONAL ETF TRUST WORLD EX US CORE DFAX	DFAX	3,273,413	$73.7m0.57%	0.57%	Reduced -210.3k	-210,344 -6.0%
32	VANGUARD INDEX FDS SMALL CP ETF VB	VB	389,142	$73.5m0.57%	0.57%	Added +35.7k	+35,665 10.1%
33	ISHARES TR 10-20 YR TRS ETF TLH	TLH	717,295	$70.6m0.55%	0.55%	Added +401.5k	+401,535 127.2%
34	DIMENSIONAL ETF TRUST US LARGE CAP VAL DFLV	DFLV	2,842,817	$70.5m0.55%	0.55%	Reduced -160.2k	-160,227 -5.3%
35	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	248,947	$67.8m0.53%	0.53%	Added +63.1k	+63,094 34.0%
36	ISHARES INC CORE MSCI EMKT IEMG	IEMG	1,301,672	$61.9m0.48%	0.48%	Added +324.5k	+324,497 33.2%
37	PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN PAA	PAA	3,867,152	$59.2m0.46%	0.46%	Added +89.1k	+89,124 2.4%
38	TJX COS INC NEW COM TJX	TJX	663,369	$59.0m0.46%	0.46%	Reduced -16.0k	-15,959 -2.4%
39	COSTCO WHSL CORP NEW COM COST	COST	98,573	$56.2m0.44%	0.44%	Added +8.5k	+8,485 9.4%
40	ISHARES TR EAFE VALUE ETF EFV	EFV	1,086,522	$53.2m0.41%	0.41%	Added +496.4k	+496,418 84.1%
41	ISHARES TR MSCI EAFE ETF EFA	EFA	3,863,471	$53.0m0.41%	0.41%	Added +3.5m	+3,534,840 1075.6%
42	PROGRESSIVE CORP COM PGR	PGR	379,628	$52.9m0.41%	0.41%	Reduced -54.5k	-54,507 -12.6%
43	SILICON LABORATORIES INC COM SLAB	SLAB	438,779	$50.8m0.40%	0.40%	Added +787	+787 0.2%
44	PROCTER AND GAMBLE CO COM PG	PG	345,155	$50.5m0.39%	0.39%	Added +288.8k	+288,792 512.4%
45	UBER TECHNOLOGIES INC COM UBER	UBER	1,054,754	$48.5m0.38%	0.38%	Reduced -69.0k	-68,959 -6.1%
46	COMCAST CORP NEW CL A CMCSA	CMCSA	1,088,505	$48.3m0.38%	0.38%	Added +935.6k	+935,573 611.8%
47	ISHARES TR 0-5YR HI YL CP SHYG	SHYG	1,116,401	$45.8m0.36%	0.36%	Added +70.2k	+70,241 6.7%
48	QUEST DIAGNOSTICS INC COM DGX	DGX	336,521	$41.0m0.32%	0.32%	Added +323.1k	+323,065 2400.9%
49	ISHARES TR RUS 1000 VAL ETF IWD	IWD	5,038,517	$40.3m0.31%	0.31%	Added +4.8m	+4,799,075 2004.3%
50	DIMENSIONAL ETF TRUST CORE FIXED INCOM DFCF	DFCF	1,318,428	$39.5m0.31%	0.31%	Reduced -146.4k	-146,384 -10.0%
51	DIMENSIONAL ETF TRUST US MKTWIDE VALUE DFUV	DFUV	1,159,533	$39.4m0.31%	0.31%	Reduced -219.6k	-219,587 -15.9%
52	HOME DEPOT INC COM HD	HD	128,747	$39.1m0.30%	0.30%	Added +53.4k	+53,405 70.9%
53	MERCK & CO INC COM MRK	MRK	374,273	$38.7m0.30%	0.30%	Added +149.1k	+149,093 66.2%
54	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	775,356	$38.6m0.30%	0.30%	Added +184.1k	+184,053 31.1%
55	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	248,418	$38.6m0.30%	0.30%	Added +25.9k	+25,851 11.6%
56	MASTERCARD INCORPORATED CL A MA	MA	92,436	$37.4m0.29%	0.29%	Added +54.0k	+54,021 140.6%
57	JOHNSON & JOHNSON COM JNJ	JNJ	231,738	$36.3m0.28%	0.28%	Added +145.7k	+145,667 169.2%
58	ISHARES TR RUS 1000 GRW ETF IWF	IWF	5,713,590	$36.0m0.28%	0.28%	Added +5.6m	+5,615,254 5710.3%
59	META PLATFORMS INC CL A META	META	119,138	$36.0m0.28%	0.28%	Added +68.0k	+68,035 133.1%
60	MARRIOTT INTL INC NEW CL A MAR	MAR	182,496	$35.9m0.28%	0.28%	Added +8.2k	+8,245 4.7%
61	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	217,131	$35.6m0.28%	0.28%	Added +200.0k	+199,985 1166.4%
62	ISHARES TR 1 3 YR TREAS BD SHY	SHY	437,915	$35.5m0.28%	0.28%	Reduced -161.6k	-161,620 -27.0%
63	JPMORGAN CHASE & CO COM JPM	JPM	236,172	$34.5m0.27%	0.27%	Added +174.5k	+174,527 283.1%
64	ISHARES TR RUS 2000 VAL ETF IWN	IWN	476,802	$33.5m0.26%	0.26%	Added +452.5k	+452,492 1861.3%
65	ISHARES TR CORE MSCI EAFE IEFA	IEFA	518,567	$33.4m0.26%	0.26%	Added +14.4k	+14,385 2.9%
66	VISA INC COM CL A V	V	141,217	$32.9m0.26%	0.26%	Added +61.0k	+60,991 76.0%
67	UNITEDHEALTH GROUP INC COM UNH	UNH	62,932	$32.2m0.25%	0.25%	Added +27.1k	+27,083 75.5%
68	MARSH & MCLENNAN COS INC COM MRSH	MRSH	164,564	$31.3m0.24%	0.24%	Reduced -9.9k	-9,936 -5.7%
69	DIMENSIONAL ETF TRUST US HIGH PROFITAB US HIGH PROFITAB		1,124,693	$28.3m0.22%	0.22%	Reduced -1.2m	-1,204,679 -51.7%
70	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	831,978	$27.9m0.22%	0.22%	Reduced -51.9k	-51,946 -5.9%
71	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	1,044,267	$27.7m0.22%	0.22%	Added +607.2k	+607,213 138.9%
72	DIMENSIONAL ETF TRUST US SMALL CAP VAL US SMALL CAP VAL		1,076,334	$27.3m0.21%	0.21%	Added +67.9k	+67,913 6.7%
73	VANGUARD SCOTTSDALE FDS VNG RUS1000VAL VONV	VONV	407,398	$27.2m0.21%	0.21%	Reduced -52.2k	-52,209 -11.4%
74	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	352,772	$26.7m0.21%	0.21%	Added +174.2k	+174,179 97.5%
75	ISHARES TR SHRT NAT MUN ETF SUB	SUB	258,386	$26.6m0.21%	0.21%	Added +244.1k	+244,093 1707.8%
76	EXXON MOBIL CORP COM XOM	XOM	222,922	$26.3m0.20%	0.20%	Added +146.6k	+146,591 192.1%
77	ELI LILLY & CO COM LLY	LLY	48,177	$26.2m0.20%	0.20%	Added +26.4k	+26,406 121.3%
78	ISHARES TR CORE US AGGBD ET AGG	AGG	277,487	$26.1m0.20%	0.20%	Added +261.6k	+261,562 1642.5%
79	PEPSICO INC COM PEP	PEP	153,525	$26.1m0.20%	0.20%	Added +90.3k	+90,348 143.0%
80	ISHARES TR S&P MC 400VL ETF IJJ	IJJ	255,717	$25.8m0.20%	0.20%	Added +2.2k	+2,248 0.9%
81	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	253,306	$25.5m0.20%	0.20%	Added +86.9k	+86,908 52.2%
82	ABBVIE INC COM ABBV	ABBV	169,603	$25.3m0.20%	0.20%	Added +114.0k	+113,959 204.8%
83	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	70,079	$25.1m0.20%	0.20%	Added +38.7k	+38,715 123.4%
84	ADOBE INC COM ADBE	ADBE	39,876	$25.0m0.19%	0.19%	Added +19.8k	+19,814 98.8%
85	SPDR SER TR NUVEEN BLMBRG MU TFI	TFI	572,522	$25.0m0.19%	0.19%	New
86	CHEVRON CORP NEW COM CVX	CVX	143,563	$24.3m0.19%	0.19%	Added +70.2k	+70,219 95.7%
87	VANGUARD INDEX FDS SML CP GRW ETF VBK	VBK	103,922	$22.3m0.17%	0.17%	Added +5.3k	+5,343 5.4%
88	MCDONALDS CORP COM MCD	MCD	83,853	$22.2m0.17%	0.17%	Added +37.5k	+37,530 81.0%
89	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	666,255	$22.1m0.17%	0.17%	Added +649.1k	+649,107 3785.3%
90	CISCO SYS INC COM CSCO	CSCO	394,478	$21.4m0.17%	0.17%	Added +248.9k	+248,910 171.0%
91	ISHARES TR CMBS ETF CMBS	CMBS	469,881	$21.2m0.16%	0.16%	Reduced -131.7k	-131,710 -21.9%
92	ISHARES TR RUS 2000 GRW ETF IWO	IWO	391,767	$20.7m0.16%	0.16%	Added +383.8k	+383,845 4845.3%
93	ISHARES TR CORE S&P TTL STK ITOT	ITOT	220,064	$20.7m0.16%	0.16%	Added +8.2k	+8,181 3.9%
94	BROADCOM INC COM AVGO	AVGO	24,719	$20.5m0.16%	0.16%	Added +11.2k	+11,195 82.8%
95	DISNEY WALT CO COM DIS	DIS	250,976	$20.5m0.16%	0.16%	Added +78.6k	+78,629 45.6%
96	ISHARES TR S&P 100 ETF OEF	OEF	101,889	$20.4m0.16%	0.16%	Added +67.0k	+67,019 192.2%
97	ISHARES TR S&P 500 GRWT ETF IVW	IVW	295,480	$20.2m0.16%	0.16%	Added +289.6k	+289,555 4887.0%
98	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	283,444	$20.1m0.16%	0.16%	Added +219.3k	+219,266 341.6%
99	VANGUARD WORLD FD INF TECH ETF VGT	VGT	44,055	$19.8m0.15%	0.15%	Added +29.7k	+29,726 207.4%
100	ORACLE CORP COM ORCL	ORCL	180,718	$19.4m0.15%	0.15%	Added +72.1k	+72,090 66.4%

Sold out since Q2 2023

Security	Ticker	Shares held before	Value then
MAGELLAN MIDSTREAM PRTNRS LP		29,701	$1.9m29.7k shares
PERFICIENT INC PRFT	PRFT	6,788	$622.1k6.8k shares
ISHARES TR SUSL	SUSL	6,575	$509.0k6.6k shares
PREMIER INC PINC	PINC	18,046	$499.2k18.0k shares
ISHARES TR TLT	TLT	3,923	$403.8k3.9k shares
MODEL N INC MODN	MODN	11,327	$400.5k11.3k shares
COGENT COMMUNICATIONS HLDGS CCOI	CCOI	2,302	$377.5k2.3k shares
PDC ENERGY INC PDCE	PDCE	5,307	$371.9k5.3k shares
SCHWAB STRATEGIC TR SCHP	SCHP	6,250	$327.7k6.2k shares
MERCURY SYS INC MRCY	MRCY	9,399	$325.1k9.4k shares
CLEARBRIDGE ENERGY MIDSTRM O EMO	EMO	9,200	$274.7k9.2k shares
OVINTIV INC OVV	OVV	7,114	$270.8k7.1k shares
DYCOM INDS INC DY	DY	2,202	$262.0k2.2k shares
LIFE STORAGE INC		2,064	$260.6k2.1k shares
UNIVAR SOLUTIONS INC UNVR	UNVR	6,760	$242.3k6.8k shares
B & G FOODS INC NEW BGS	BGS	17,034	$237.1k17.0k shares
SPDR SER TR QUS	QUS	1,851	$227.6k1.9k shares
GITLAB INC GTLB	GTLB	4,407	$227.1k4.4k shares
KT CORP KT	KT	20,000	$226.0k20.0k shares
EURONET WORLDWIDE INC EEFT	EEFT	1,541	$218.6k1.5k shares
10X GENOMICS INC TXG	TXG	3,912	$218.5k3.9k shares
JACK IN THE BOX INC JACK	JACK	2,179	$214.2k2.2k shares
DEUTSCHE BANK A G DB	DB	19,900	$208.9k19.9k shares
AVIS BUDGET GROUP CAR	CAR	899	$208.8k899 shares
VANECK ETF TRUST ISRA	ISRA	5,893	$207.8k5.9k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	472,800	$202.1m472.8k shares	New
INVESCO QQQ TR QQQ · Put	QQQ	Put	178,400	$63.9m178.4k shares	New
VANGUARD INDEX FDS VOO · Put	VOO	Put	2,500	$981.8k2.5k shares	New

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
NKGEN BIOTECH INC NKGN · 13G · filed 2025-02-28	NKGN	7.9%	new	13G	2025-02-28