COLUMBIA BKG SYS INC COLB
COM · Common Stock · CUSIP 197236102
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersTacoma, WA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($31.8m this quarter). Holder counts are more reliable. Shares outstanding: 295.6m as of 2026-01-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $27.95. Options: 7 managers hold calls ($21.4m notional), 4 hold puts ($2.4m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 248 |
| Q4 2022 | 254 |
| Q1 2023 | 382 |
| Q2 2023 | 358 |
| Q3 2023 | 337 |
| Q4 2023 | 375 |
| Q1 2024 | 358 |
| Q2 2024 | 364 |
| Q3 2024 | 377 |
| Q4 2024 | 404 |
| Q1 2025 | 401 |
| Q2 2025 | 412 |
| Q3 2025 | 476 |
| Q4 2025 | 504 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 183 | 188 |
| Q2 2024 | 170 | 183 |
| Q3 2024 | 191 | 174 |
| Q4 2024 | 185 | 164 |
| Q1 2025 | 206 | 170 |
| Q2 2025 | 227 | 168 |
| Q3 2025 | 343 | 131 |
| Q4 2025 | 217 | 227 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $3.7m | $648.1k | 0.17 |
| Q2 2025 | $5.3m | $1.2m | 0.23 |
| Q3 2025 | $5.1m | $2.6m | 0.51 |
| Q4 2025 | $21.4m | $2.4m | 0.11 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +5.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +4.3m |
| North Reef Capital Management LP | Added | +3.6m |
| Channing Capital Management, LLC | Added | +2.9m |
| T. Rowe Price Investment Management, Inc. | Added | +2.8m |
| CITADEL ADVISORS LLC | Added | +2.1m |
| Balyasny Asset Management L.P. | Added | +725.4k |
| NEW YORK STATE COMMON RETIREMENT FUND | Added | +712.8k |
| Point72 Asset Management, L.P. | Added | +509.1k |
| WINTON GROUP Ltd | New | +423.7k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -14.3m |
| MACQUARIE GROUP LTD | Sold out | -6.0m |
| MORGAN STANLEY | Reduced | -2.5m |
| AMERIPRISE FINANCIAL INC | Reduced | -1.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.1m |
| BARCLAYS PLC | Reduced | -1.1m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -991.4k |
| D. E. Shaw & Co., Inc. | Sold out | -834.3k |
| STATE STREET CORP | Reduced | -600.7k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -575.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.6m557.0k shares |
| JANE STREET GROUP, LLC | Added | $1.7m59.2k shares |
| IMC-Chicago, LLC | New | $1.2m41.3k shares |
| CITADEL ADVISORS LLC | Added | $1.1m40.8k shares |
| GROUP ONE TRADING LLC | Added | $897.2k32.1k shares |
| Twin Tree Management, LP | Reduced | $620.5k22.2k shares |
| SIMPLEX TRADING, LLC | Added | $324.2k11.6k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $1.1m38.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $799.4k28.6k shares |
| JANE STREET GROUP, LLC | Reduced | $455.6k16.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $95.0k3.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: WELLINGTON MANAGEMENT GROUP LLP (4.1%, 2026-08-13), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 13 | $1.1m | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $116.5k | $116.5k |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 29.7m $829.5m | Reduced -173.7k |
| BlackRock, Inc. 0.01% of their portfolio | 26.7m $746.8m | Reduced -216.3k |
| T. Rowe Price Investment Management, Inc. 0.22% of their portfolio | 20.2m $565.2m | Added +2.8m |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 18.1m $506.1m | Added +4.3m |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 13.1m $367.3m | Added +25.2k |
| STATE STREET CORP 0.01% of their portfolio | 12.8m $358.0m | Reduced -600.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 12.6m $351.2m | Added +163.5k |
| AMERICAN CENTURY COMPANIES INC 0.13% of their portfolio | 9.4m $263.9m | Reduced -575.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 8.7m $242.2m | Added +5.1m |
| Bank of New York Mellon Corp 0.04% of their portfolio | 7.4m $207.4m | Added +403.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 6.4m $179.3m | Reduced -1.1m |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 5.9m $165.4m | Reduced -201.0k |
| MORGAN STANLEY 0.01% of their portfolio | 5.9m $164.5m | Reduced -2.5m |
| HoldCo Asset Management, LP 12.03% of their portfolio | 5.7m $160.0m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 5.7m $159.3m | Added +151.3k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.83% of their portfolio | 4.3m $120.4m | Reduced -437.9k |
| UBS Group AG 0.02% of their portfolio | 4.3m $119.2m | Added +291.8k |
| Invesco Ltd. 0.01% of their portfolio | 4.2m $116.6m | Added +330.6k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.16% of their portfolio | 3.9m $109.3m | First filing |
| Balyasny Asset Management L.P. 0.20% of their portfolio | 3.8m $105.9m | Added +725.4k |
| North Reef Capital Management LP 4.16% of their portfolio | 3.7m $103.4m | Added +3.6m |
| NORGES BANK 0.01% of their portfolio | 3.7m $103.0m | Not comparable |
| Channing Capital Management, LLC 2.39% of their portfolio | 3.3m $93.1m | Added +2.9m |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 2.6m $73.8m | Added +2.1m |
| Epoch Investment Partners, Inc. 0.41% of their portfolio | 2.6m $71.9m | Added +228.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.5m $71.1m | Reduced -108.9k |
| Fisher Asset Management, LLC 0.02% of their portfolio | 2.5m $70.3m | Reduced -112.5k |
| COOKE & BIELER LP 0.66% of their portfolio | 2.3m $63.0m | Reduced -200.4k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 1.9m $54.0m | Added +142.2k |
| PZENA INVESTMENT MANAGEMENT LLC 0.15% of their portfolio | 1.8m $50.4m | Reduced -122.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 1.8m $50.0m | Added +5.7k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.85% of their portfolio | 1.3m $36.0m | Added +4.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 1.3m $35.9m | Added +712.8k |
| Boston Partners 0.03% of their portfolio | 1.2m $32.8m | Reduced -98.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $32.3m | Reduced -505.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.1m $31.7m | Reduced -451.6k |
| Stieven Capital Advisors, L.P. 5.75% of their portfolio | 1.1m $31.0m | Reduced -2.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio | 1.1m $31.0m | Added +21.9k |
| Capital World Investors 0.00% of their portfolio | 1.1m $29.7m | Unchanged |
| PALISADE CAPITAL MANAGEMENT, LP 0.88% of their portfolio | 1.1m $29.7m | Reduced -126.8k |
| LSV ASSET MANAGEMENT 0.06% of their portfolio | 1.0m $28.5m | Reduced -21.8k |
| SEGALL BRYANT & HAMILL, LLC 0.37% of their portfolio | 973.2k $27.2m | Reduced -48.5k |
| GW&K Investment Management, LLC 0.23% of their portfolio | 950.8k $26.6m | Reduced -16.2k |
| Quantinno Capital Management LP 0.05% of their portfolio | 949.2k $26.5m | Added +150.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 937.4k $26.2m | Reduced -1.2m |
| Leeward Investments, LLC - MA 1.28% of their portfolio | 904.7k $25.3m | Reduced -4.5k |
| Nuveen, LLC 0.01% of their portfolio | 800.8k $22.4m | Reduced -284.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 792.0k $22.1m | Reduced -24.9k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 772.7k $21.6m | Reduced -18.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 771.1k $21.6m | Reduced -14.3m |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 761.6k $21.3m | Added +31.2k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.08% of their portfolio | 745.4k $20.8m | Unchanged |
| EASTERLY INVESTMENT PARTNERS LLC 1.22% of their portfolio | 713.2k $19.9m | Added +68.4k |
| SNYDER CAPITAL MANAGEMENT L P 0.36% of their portfolio | 684.5k $19.1m | Added +237.5k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 659.4k $18.4m | Added +81.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 643.4k $18.0m | Reduced -20.7k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 635.4k $17.8m | Reduced -15.4k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 617.6k $17.3m | Reduced -228.1k |
| Ceredex Value Advisors LLC 0.52% of their portfolio | 617.1k $17.2m | Added +21.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 594.3k $16.6m | Reduced -39.0k |
| Swiss National Bank 0.01% of their portfolio | 589.9k $16.5m | Added +10.2k |
| Aristotle Capital Boston, LLC 0.90% of their portfolio | 583.7k $16.3m | Reduced -53.8k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 575.6k $16.1m | Added +509.1k |
| California Public Employees Retirement System 0.01% of their portfolio | 525.7k $14.7m | Added +58.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 523.4k $14.7m | Reduced -79.6k |
| Lighthouse Investment Partners, LLC 0.47% of their portfolio | 505.6k $14.1m | Reduced -159.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 481.4k $13.5m | Added +106.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 479.9k $13.4m | Reduced -96.2k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 477.2k $13.3m | Reduced -238.2k |
| Phocas Financial Corp. 1.73% of their portfolio | 476.5k $13.3m | Reduced -1.1k |
| TD Asset Management Inc 0.01% of their portfolio | 461.9k $12.9m | Added +49.5k |
| IEQ CAPITAL, LLC 0.04% of their portfolio | 450.0k $12.6m | Added +9.8k |
| Legal & General Group Plc 0.00% of their portfolio | 443.7k $12.4m | Reduced -16.1k |
| WINTON GROUP Ltd 0.41% of their portfolio | 423.7k $11.8m | New |
| LONE PEAK GLOBAL INVESTORS LLC 1.97% of their portfolio | 414.5k $11.6m | Reduced -137.4k |
| BARCLAYS PLC 0.00% of their portfolio | 411.0k $11.5m | Reduced -1.1m |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 375.6k $10.5m | Reduced -60.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 367.9k $10.3m | Added +50.8k |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. 0.45% of their portfolio | 367.6k $10.3m | Reduced -401.6k |
| Retirement Systems of Alabama 0.03% of their portfolio | 359.0k $10.0m | Reduced -2.6k |
| Brevan Howard Capital Management LP 0.19% of their portfolio | 350.0k $9.8m | New |
| BW Gestao de Investimentos Ltda. 0.34% of their portfolio | 350.0k $9.8m | New |
| Clearbridge Investments, LLC 0.01% of their portfolio | 349.9k $9.8m | Reduced -28.1k |
| Cadence Bank 0.55% of their portfolio | 336.1k $9.4m | Added +2.4k |
| Moody Aldrich Partners LLC 1.73% of their portfolio | 330.8k $9.2m | Added +59.1k |
| Gilman Hill Asset Management, LLC 1.41% of their portfolio | 319.7k $8.9m | Reduced -3.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 297.9k $8.3m | Reduced -9.4k |
| Rafferty Asset Management, LLC 0.03% of their portfolio | 290.3k $8.1m | Reduced -121.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 283.2k $7.9m | Added +3.5k |
| Cinctive Capital Management LP 0.46% of their portfolio | 282.2k $7.9m | New |
| CITIGROUP INC 0.01% of their portfolio | 279.3k $7.8m | Reduced -31.6k |
| Y-Intercept (Hong Kong) Ltd 0.17% of their portfolio | 274.4k $7.7m | Added +160.2k |
| ArrowMark Colorado Holdings LLC 0.17% of their portfolio | 271.0k $7.6m | New |
| Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio | 270.4k $7.6m | Reduced -8.5k |
| ExodusPoint Capital Management, LP 0.08% of their portfolio | 269.0k $7.5m | Added +245.0k |
| GABELLI FUNDS LLC 0.05% of their portfolio | 267.0k $7.5m | Added +3.2k |
| ZWJ INVESTMENT COUNSEL INC 0.26% of their portfolio | 260.0k $7.3m | Added +13.1k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.18% of their portfolio | 256.1k $7.2m | New |
| NATIXIS 0.03% of their portfolio | 247.3k $6.9m | Added +159.2k |
| MALTESE CAPITAL MANAGEMENT LLC 1.22% of their portfolio | 245.0k $6.8m | Reduced -60.5k |