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Asset Manager ← All Institutions

Cobblestone Asset Management LLC

9011 ARBORETUM PARKWAY SUITE 180, RICHMOND, VA 23236 • 804-272-8272

Q2 2025 · Filed 2025-07-14
Market Value
$190M
+11.0%
Holdings
78
+11
New Purchases
17
Added To
24
Closed
9
Reduced
23
Top 10 Concentration
59.1%
Turnover
33.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
JPST 14.55% 2.41% +12.14% $28M
THRO 2.24% 0.00% +2.24% $4M
IAGG 1.95% 0.00% +1.95% $4M
COIN 1.59% 0.00% +1.59% $3M
SPEM 3.69% 2.12% +1.57% $7M
EFV 5.42% 3.94% +1.47% $10M
EWZ 0.98% 0.00% +0.98% $2M
BAI 0.85% 0.00% +0.85% $2M
OEF 2.22% 1.58% +0.64% $4M
EPOL 0.64% 0.00% +0.64% $1M
ECH 0.63% 0.00% +0.63% $1M
IBIT 2.97% 2.48% +0.49% $6M
EZA 0.45% 0.00% +0.45% $850K
TLH 2.84% 2.39% +0.45% $5M
STIP 0.39% 0.00% +0.39% $745K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IVV 6.29% 13.32% -7.03% $12M
JEPI 0.00% 4.37% -4.37% $0
SCHA 0.00% 2.92% -2.92% $0
JEPQ 0.00% 2.81% -2.81% $0
EMXC 0.00% 1.93% -1.93% $0
XSMO 0.00% 1.50% -1.50% $0
IWN 0.00% 1.46% -1.46% $0
JBND 5.52% 6.92% -1.40% $10M
HEFA 0.00% 0.78% -0.78% $0
SPYG 5.18% 5.92% -0.74% $10M
IAU 0.99% 1.68% -0.69% $2M
JQUA 5.98% 6.50% -0.53% $11M
MBB 2.77% 3.17% -0.39% $5M
DYNF 5.03% 5.31% -0.29% $10M
BINC 2.06% 2.34% -0.27% $4M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 91.4%
Technology 4.0%
Consumer Defensive 1.2%
Industrials 1.2%
Consumer Cyclical 0.6%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 12 $19M 9.9%
Large Cap 35 $126M 66.2%
Mid Cap 18 $38M 19.9%
Small Cap 10 $7M 3.6%
Micro Cap 3 $695K 0.4%

Portfolio Analytics

Avg Market Cap
$285.8B
Median Market Cap
$15.2B
Avg P/E
47.2
Median P/E
24.8
Avg Dividend Yield
0.01%
Avg Beta
1.06
# Stocks
25
# ETFs / Funds
53

Top Holdings (78 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 JPST 14.55% 545,964 $28M $50.68 $24M +464,351 +569.0%
2 IVV 6.29% 19,275 $12M $620.91 -$11M -21,332 -52.5%
3 JQUA 5.98% 189,239 $11M $60.05 $228K -7,968 -4.0%
4 JBND 5.52% 195,775 $10M $53.59 -$1M -25,515 -11.5%
5 EFV 5.42% 162,204 $10M $63.48 $4M +47,702 +41.7%
6 SPYG 5.18% 103,271 $10M $95.32 -$287K -22,776 -18.1%
7 DYNF 5.03% 175,512 $10M $54.46 $459K -11,108 -6.0%
8 SPYV 4.47% 162,352 $8M $52.34 $603K +7,771 +5.0%
9 SPEM 3.69% 164,055 $7M $42.74 $3M +72,029 +78.3%
10 IBIT 2.97% 92,315 $6M $61.21 $1M +1,624 +1.8%
11 TLH 2.84% 53,133 $5M $101.60 $1M +13,630 +34.5%
12 MBB 2.77% 56,133 $5M $93.89 -$152K -1,689 -2.9%
13 EFG 2.25% 38,119 $4M $112.00 $11K -4,465 -10.5%
14 THRO 2.24% 119,874 $4M $35.58 +119,874 NEW
15 OEF 2.22% 13,893 $4M $304.35 $2M +3,890 +38.9%
16 BINC 2.06% 74,286 $4M $52.84 -$79K -2,160 -2.8%
17 IAGG 1.95% 72,707 $4M $51.09 +72,707 NEW
18 IYW 1.72% 18,903 $3M $173.27 -$7K -4,470 -19.1%
19 COIN 1.59% 8,614 $3M $350.49 +8,614 NEW
20 SPMO 1.57% 26,627 $3M $112.47 $248K -3,054 -10.3%
21 PM 1.07% 11,191 $2M $182.13 $262K
22 IAU 0.99% 30,178 $2M $62.36 -$1000K -18,699 -38.3%
23 EWZ 0.98% 64,389 $2M $28.85 +64,389 NEW
24 BAI 0.85% 55,763 $2M $28.85 +55,763 NEW
25 AAPL 0.84% 7,798 $2M $205.17 -$183K -229 -2.9%
26 SPLG 0.84% 22,007 $2M $72.69 -$36K -2,862 -11.5%
27 NEU 0.76% 2,100 $1M $690.86 $261K
28 ETHA 0.76% 76,020 $1M $19.07 $645K +17,798 +30.6%
29 VWOB 0.71% 20,716 $1M $65.35 -$22K -715 -3.3%
30 EPOL 0.64% 37,592 $1M $32.26 +37,592 NEW
31 ECH 0.63% 38,214 $1M $31.45 +38,214 NEW
32 CSX 0.59% 34,456 $1M $32.63 $114K +138 +0.4%
33 BMY 0.58% 23,881 $1M $46.29 -$350K +15 +0.1%
34 JVAL 0.57% 24,621 $1M $44.23 $207K +3,319 +15.6%
35 PSLV 0.54% 84,303 $1M $12.24 $51K -217 -0.3%
36 JGRO 0.50% 11,019 $948K $86.07 $186K +690 +6.7%
37 JAGG 0.50% 20,405 $942K $46.17 -$10K -236 -1.1%
38 GOVT 0.46% 38,254 $879K $22.98 -$15K -623 -1.6%
39 EZA 0.45% 15,809 $850K $53.75 +15,809 NEW
40 MSFT 0.43% 1,645 $818K $497.41 $238K +98 +6.3%
41 BBIN 0.41% 11,659 $787K $67.50 $208K +2,240 +23.8%
42 STIP 0.39% 7,239 $745K $102.91 +7,239 NEW
43 JOBY 0.36% 64,250 $678K $10.55 $308K +2,850 +4.6%
44 EWI 0.32% 12,661 $610K $48.14 +12,661 NEW
45 EWW 0.32% 10,057 $609K $60.56 +10,057 NEW
46 EWM 0.32% 24,845 $605K $24.34 +24,845 NEW
47 EWN 0.32% 11,087 $604K $54.50 +11,087 NEW
48 MO 0.32% 10,216 $599K $58.63 -$13K +25 +0.2%
49 INDA 0.31% 10,743 $598K $55.68 +10,743 NEW
50 BKLN 0.27% 24,584 $514K $20.92 -$49K -2,641 -9.7%
51 PHYS 0.24% 17,653 $448K $25.35 $23K
52 JPIE 0.22% 9,134 $423K $46.32 -$46K -1,041 -10.2%
53 D 0.20% 6,620 $374K $56.52 $15K +206 +3.2%
54 AMZN 0.19% 1,673 $367K $219.39 $58K +50 +3.1%
55 TSLA 0.18% 1,086 $345K $317.66 -$10K -285 -20.8%
56 GNL 0.18% 44,945 $339K $7.55 -$21K +112 +0.2%
57 PLTR 0.18% 2,450 $334K $136.32 $13K -1,350 -35.5%
58 INTC 0.17% 14,841 $332K $22.40 -$27K -1,000 -6.3%
59 IBM 0.16% 1,000 $295K $294.78 $46K
60 NIO 0.15% 83,950 $288K $3.43 -$32K +100 +0.1%
61 KO 0.14% 3,729 $264K $70.75 -$3K
62 FBTC 0.13% 2,704 $254K $93.99 +2,704 NEW
63 JPM 0.12% 804 $233K $290.02 +804 NEW
64 NVDA 0.12% 1,450 $229K $157.99 $24K -440 -23.3%
65 MCK 0.11% 276 $202K $732.78 +276 NEW
66 PLUG 0.07% 95,500 $142K $1.49 $19K +4,000 +4.4%
67 PSNY 0.04% 73,600 $79K $1.07 $6K +4,000 +5.8%
68 21P.F 0.04% 16,350 $69K $4.24 $3K +1,150 +7.6%
69 CHPT 0.01% 29,200 $21K $0.70 $5K +3,000 +11.4%
70 XSMO —% -$3M -40,987 -100.0% SOLD
71 EMXC —% -$3M -60,111 -100.0% SOLD
72 IWN —% -$3M -16,595 -100.0% SOLD
73 ICVT —% -$350K -4,186 -100.0% SOLD
74 SCHA —% -$5M -213,194 -100.0% SOLD
75 JEPI —% -$7M -131,095 -100.0% SOLD
76 HYDB —% -$325K -6,897 -100.0% SOLD
77 HEFA —% -$1M -36,807 -100.0% SOLD
78 JEPQ —% -$5M -92,802 -100.0% SOLD

New Positions

SymbolValue% Port
THRO $4M 2.24%
IAGG $4M 1.95%
COIN $3M 1.59%
EWZ $2M 0.98%
BAI $2M 0.85%
EPOL $1M 0.64%
ECH $1M 0.63%
EZA $850K 0.45%
STIP $745K 0.39%
EWI $610K 0.32%
EWW $609K 0.32%
EWM $605K 0.32%
EWN $604K 0.32%
INDA $598K 0.31%
FBTC $254K 0.13%

Sold Out Positions

SymbolValue% Port
EMXC —%
JEPQ —%
SCHA —%
ICVT —%
HYDB —%
XSMO —%
IWN —%
JEPI —%
HEFA —%
View SEC EDGAR Filings for Cobblestone Asset Management LLC →

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