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Asset Manager ← All Institutions

Columbia Asset Management

924 NORTH MAIN STREET SUITE 1, ANN ARBOR, MI 48104 • 2695124997

Q4 2025 · Filed 2026-01-28
Market Value
$559M
+5.0%
Holdings
174
+1
New Purchases
9
Added To
47
Closed
4
Reduced
73
Top 10 Concentration
42.8%
Turnover
7.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BRK-B 3.35% 0.00% +3.35% $19M
GOOGL 4.32% 3.68% +0.64% $24M
LLY 1.60% 1.15% +0.46% $9M
MRK 2.10% 1.78% +0.32% $12M
GOOG 2.01% 1.72% +0.29% $11M
CAT 1.55% 1.39% +0.16% $9M
VO 0.56% 0.41% +0.16% $3M
VRTX 0.18% 0.04% +0.14% $1M
AMGN 1.35% 1.22% +0.13% $8M
JNJ 2.08% 1.98% +0.09% $12M
UPS 0.68% 0.59% +0.09% $4M
MU 0.20% 0.12% +0.08% $1M
VB 0.65% 0.58% +0.07% $4M
TD 0.06% 0.00% +0.06% $361K
EXPE 0.23% 0.18% +0.05% $1M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSFT 7.80% 8.94% -1.15% $44M
ERIE 3.68% 4.26% -0.59% $21M
ORCL 0.31% 0.67% -0.36% $2M
AVGO 3.01% 3.37% -0.36% $17M
HD 0.80% 1.02% -0.22% $4M
UL 0.00% 0.21% -0.21% $0
NFLX 0.55% 0.75% -0.20% $3M
PG 1.04% 1.22% -0.18% $6M
SYK 0.92% 1.06% -0.15% $5M
NVDA 1.09% 1.22% -0.13% $6M
VZ 1.07% 1.19% -0.12% $6M
V 3.25% 3.37% -0.12% $18M
ABBV 1.45% 1.55% -0.10% $8M
T 0.43% 0.53% -0.10% $2M
SBUX 1.27% 1.37% -0.10% $7M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Technology 26.6%
Financial Services 19.5%
Healthcare 13.5%
Communication Services 9.6%
Consumer Cyclical 9.1%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 53 $382M 68.4%
Large Cap 116 $174M 31.2%
Mid Cap 5 $2M 0.4%

Portfolio Analytics

Avg Market Cap
$347.4B
Median Market Cap
$115.6B
Avg P/E
34.8
Median P/E
25.5
Avg Dividend Yield
0.02%
Avg Beta
0.87
# Stocks
151
# ETFs / Funds
23

Top Holdings (174 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 AAPL 9.71% 199,639 $54M $271.86 $2M -3,704 -1.8%
2 MSFT 7.80% 90,169 $44M $483.62 -$4M -1,766 -1.9%
3 GOOGL 4.32% 77,166 $24M $313.00 $5M -3,399 -4.2%
4 ERIE 3.68% 71,748 $21M $286.65 -$2M +402 +0.6%
5 AMZN 3.48% 84,341 $19M $230.82 $730K -997 -1.2%
6 BRK-B 3.35% 37,270 $19M $502.65 +37,270 NEW
7 V 3.25% 51,807 $18M $350.71 $224K -760 -1.4%
8 AVGO 3.01% 48,605 $17M $346.10 -$1M -5,746 -10.6%
9 MRK 2.10% 111,534 $12M $105.26 $2M -1,605 -1.4%
10 JNJ 2.08% 56,069 $12M $206.95 $1M -838 -1.5%
11 GOOG 2.01% 35,811 $11M $313.80 $2M -1,831 -4.9%
12 JPM 1.94% 33,662 $11M $322.22 $11K -689 -2.0%
13 IBM 1.72% 32,471 $10M $296.21 $128K -1,162 -3.5%
14 SPY 1.69% 13,892 $9M $681.92 $42K -265 -1.9%
15 LLY 1.60% 8,346 $9M $1,074.68 $3M +352 +4.4%
16 CAT 1.55% 15,083 $9M $572.88 $1M -378 -2.4%
17 ABBV 1.45% 35,484 $8M $228.49 -$159K -220 -0.6%
18 AMGN 1.35% 23,003 $8M $327.30 $1M +62 +0.3%
19 CSCO 1.34% 97,003 $7M $77.03 $574K -3,814 -3.8%
20 SBUX 1.27% 84,261 $7M $84.21 -$189K -1,842 -2.1%
21 NKE 1.10% 96,327 $6M $63.71 -$184K +5,680 +6.3%
22 NVDA 1.09% 32,809 $6M $186.50 -$380K -2,025 -5.8%
23 VZ 1.07% 146,813 $6M $40.73 -$376K +2,199 +1.5%
24 MDT 1.07% 62,224 $6M $96.06 $117K +688 +1.1%
25 PG 1.04% 40,483 $6M $143.31 -$686K -1,739 -4.1%
26 ADBE 0.99% 15,877 $6M $349.99 -$47K -9 -0.1%
27 UNP 0.97% 23,402 $5M $231.32 -$141K -95 -0.4%
28 CVX 0.95% 34,920 $5M $152.41 -$101K -1
29 KO 0.92% 73,362 $5M $69.91 $241K -332 -0.5%
30 SYK 0.92% 14,562 $5M $351.48 -$531K -720 -4.7%
31 MCD 0.87% 15,962 $5M $305.63 -$124K -499 -3.0%
32 PFE 0.86% 192,562 $5M $24.90 $155K +10,449 +5.7%
33 HD 0.80% 13,071 $4M $344.09 -$946K -364 -2.7%
34 PEP 0.79% 30,584 $4M $143.52 $204K +780 +2.6%
35 AXP 0.78% 11,858 $4M $369.94 $448K +1 +0.0%
36 BP 0.78% 125,904 $4M $34.73 $202K +4,875 +4.0%
37 VIG 0.77% 19,522 $4M $219.78 $155K +360 +1.9%
38 DIS 0.72% 35,168 $4M $113.77 -$154K -1,122 -3.1%
39 COST 0.69% 4,471 $4M $862.25 -$279K +5 +0.1%
40 UPS 0.68% 38,162 $4M $99.19 $636K +464 +1.2%
41 TGT 0.67% 38,240 $4M $97.75 $247K -673 -1.7%
42 DE 0.67% 7,999 $4M $465.54 -$128K -425 -5.0%
43 VB 0.65% 14,066 $4M $257.94 $521K +1,848 +15.1%
44 VUG 0.58% 6,594 $3M $487.85 $116K +129 +2.0%
45 VO 0.56% 10,854 $3M $290.21 $992K +3,508 +47.8%
46 NFLX 0.55% 32,598 $3M $93.76 -$938K +29,266 +878.3%
47 GLW 0.54% 34,626 $3M $87.56 $21K -2,075 -5.7%
48 C 0.54% 25,803 $3M $116.69 $139K -2,496 -8.8%
49 SHEL 0.52% 39,890 $3M $73.48 $52K -367 -0.9%
50 SONY 0.50% 109,700 $3M $25.60 -$333K +575 +0.5%
51 XOM 0.49% 22,691 $3M $120.34 $198K +226 +1.0%
52 VXUS 0.47% 34,694 $3M $75.44 $137K +932 +2.8%
53 HON 0.46% 13,293 $3M $195.09 -$205K +1 +0.0%
54 MMM 0.46% 16,166 $3M $160.10 -$54K -860 -5.0%
55 BSV 0.46% 32,691 $3M $78.81 -$808 +31 +0.1%
56 SCHW 0.46% 25,630 $3M $99.91 $80K -351 -1.4%
57 ITW 0.46% 10,390 $3M $246.30 -$135K +60 +0.6%
58 T 0.43% 96,445 $2M $24.84 -$417K -3,165 -3.2%
59 DECK 0.39% 21,167 $2M $103.67 -$55K -1,020 -4.6%
60 GE 0.38% 6,980 $2M $308.04 $25K -85 -1.2%
61 QCOM 0.38% 12,323 $2M $171.04 -$50K -649 -5.0%
62 WM 0.37% 9,335 $2M $219.71 -$10K
63 ASML 0.36% 1,856 $2M $1,069.86 $228K +40 +2.2%
64 TROW 0.33% 18,175 $2M $102.38 $174K +1,741 +10.6%
65 ORCL 0.31% 8,907 $2M $194.91 -$2M -3,789 -29.8%
66 USB 0.31% 31,993 $2M $53.36 $252K +1,875 +6.2%
67 GS 0.30% 1,936 $2M $879.16 $102K -73 -3.6%
68 TJX 0.29% 10,502 $2M $153.61 $92K -25 -0.2%
69 BK 0.28% 13,537 $2M $116.09 -$142K -2,190 -13.9%
70 GLD 0.28% 3,934 $2M $396.31 $161K
71 DUK 0.26% 12,434 $1M $117.21 -$25K +457 +3.8%
72 IEFA 0.26% 16,132 $1M $89.46 $69K +392 +2.5%
73 PSA 0.25% 5,473 $1M $259.50 -$181K -69 -1.2%
74 DTE 0.24% 10,316 $1M $128.98 -$264K -957 -8.5%
75 AMT 0.23% 7,417 $1M $175.57 -$100K +126 +1.7%
76 EXPE 0.23% 4,545 $1M $283.31 $316K
77 EMR 0.23% 9,538 $1M $132.72 $15K +1 +0.0%
78 AEP 0.22% 10,532 $1M $115.30 $113K +738 +7.5%
79 GD 0.21% 3,528 $1M $336.66 -$34K -55 -1.5%
80 MU 0.20% 3,875 $1M $285.41 $457K -5 -0.1%
81 CLX 0.20% 10,966 $1M $100.83 -$138K +881 +8.7%
82 IWR 0.19% 10,872 $1M $96.27 -$3K
83 ORLY 0.18% 11,325 $1M $91.21 -$188K
84 CB 0.18% 3,296 $1M $312.12 $62K -129 -3.8%
85 BAC 0.18% 18,583 $1M $55.00 $45K -365 -1.9%
86 VRTX 0.18% 2,243 $1M $453.36 $800K +1,690 +305.6%
87 BLK 0.18% 944 $1M $1,070.34 -$131K -35 -3.6%
88 WMT 0.17% 8,620 $960K $111.41 $82K +100 +1.2%
89 LULU 0.16% 4,405 $915K $207.81 $60K -400 -8.3%
90 PM 0.16% 5,455 $875K $160.40 -$10K
91 LRCX 0.15% 4,750 $813K $171.18 $177K
92 RIO 0.14% 10,090 $808K $80.03 $231K +1,353 +15.5%
93 INTC 0.14% 21,315 $787K $36.90 -$77K -4,413 -17.1%
94 MDLZ 0.13% 13,854 $746K $53.83 -$108K +180 +1.3%
95 GNRC 0.13% 5,454 $744K $136.37 -$191K -130 -2.3%
96 VWO 0.13% 13,834 $744K $53.76 $8K +262 +1.9%
97 MO 0.13% 12,890 $743K $57.66 -$150K -635 -4.7%
98 CMCSA 0.12% 22,869 $684K $29.89 $218K +8,040 +54.2%
99 GIS 0.12% 14,600 $679K $46.50 -$121K -1,270 -8.0%
100 SO 0.12% 7,765 $677K $87.20 -$408K -3,682 -32.2%

New Positions

SymbolValue% Port
BRK-B $19M 3.35%
TD $361K 0.06%
SCHF $242K 0.04%
MNST $222K 0.04%
IWD $206K 0.04%
CMI $204K 0.04%
IWN $117K 0.02%
IWM $32K 0.01%
VTI $8K —%

Sold Out Positions

SymbolValue% Port
CMG —%
UL —%
BX —%
MPC —%
View SEC EDGAR Filings for Columbia Asset Management →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms