Latest Agate Pass Investment Management, LLC Stock Portfolio

Agate Pass Investment Management, LLC Performance:

2025 Q4: -0.54%YTD: 10.82%2024: 11.45%

Performance for 2025 Q4 is -0.54%, and YTD is 10.82%, and 2024 is 11.45%.

About Agate Pass Investment Management, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Agate Pass Investment Management, LLC reported an equity portfolio of $269.2 Millions as of 31 Dec, 2025.

The top stock holdings of Agate Pass Investment Management, LLC are GOOG, ABBV, AAPL. The fund has invested 6% of it's portfolio in ALPHABET INC and 5.7% of portfolio in ABBVIE INC.

The fund managers got completely rid off VANGUARD INDEX FDS (VB) stocks. They significantly reduced their stock positions in GENUINE PARTS CO (GPC), SYSCO CORP (SYY) and FISERV INC. Agate Pass Investment Management, LLC opened new stock positions in MARRIOTT INTL INC NEW (MAR), VANGUARD TAX-MANAGED FDS (VEA) and WELLS FARGO CO NEW (WFC). The fund showed a lot of confidence in some stocks as they added substantially to STARBUCKS CORP (SBUX), SELECT SECTOR SPDR TR (XLB) and VANGUARD MUN BD FDS (VTEB).

Agate Pass Investment Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Agate Pass Investment Management, LLC made a return of -0.54% in the last quarter. In trailing 12 months, it's portfolio return was 10.82%.

Performance
S&P 500

New Buys

Ticker	$ Bought
marriott intl inc new	620,790
vanguard tax-managed fds	224,830
wells fargo co new	214,360
cognizant technology solutio	210,820

New stocks bought by Agate Pass Investment Management, LLC

Additions

Ticker	% Inc.
starbucks corp	260
select sector spdr tr	119
select sector spdr tr	96.6
select sector spdr tr	95.26
select sector spdr tr	51.12
vanguard mun bd fds	48.11
vanguard index fds	22.57
vanguard index fds	21.74

Additions to existing portfolio by Agate Pass Investment Management, LLC

Reductions

Ticker	% Reduced
genuine parts co	-51.65
sysco corp	-41.26
fiserv inc	-30.48
mcdonalds corp	-24.87
sherwin williams co	-19.93
ishares tr	-18.93
ishares tr	-13.13
nike inc	-11.83

Agate Pass Investment Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
vanguard index fds	-208,297

Agate Pass Investment Management, LLC got rid off the above stocks

Sector Distribution

Agate Pass Investment Management, LLC has about 31.5% of it's holdings in Others sector.

Sector	%
Others	31.5
Technology	17.6
Healthcare	13.6
Financial Services	9.6
Communication Services	8.1
Industrials	5.3
Consumer Cyclical	5.2
Consumer Defensive	3.3
Energy	2.4
Real Estate	2

Market Cap. Distribution

Agate Pass Investment Management, LLC has about 67.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	42
UNALLOCATED	31.5
LARGE-CAP	25.8

Stocks belong to which Index?

About 67.2% of the stocks held by Agate Pass Investment Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	67.2
Others	32.6

Top 5 Winners (%)		%
GOOG	alphabet inc	28.4 %
GOOG	alphabet inc	28.0 %
AMAT	applied matls inc	25.4 %
MRK	merck & co inc	25.3 %
WWD	woodward inc	19.4 %

Top 5 Winners ($)		$
GOOG	alphabet inc	3.6 M
AAPL	apple inc	0.9 M
GOOG	alphabet inc	0.8 M
JNJ	johnson & johnson	0.6 M
CSCO	cisco sys inc	0.6 M

Top 5 Losers (%)		%
XLB	select sector spdr tr	-45.5 %
XLB	select sector spdr tr	-44.0 %
XLB	select sector spdr tr	-43.0 %
XLB	select sector spdr tr	-41.1 %
	fiserv inc	-40.6 %

Top 5 Losers ($)		$
XLB	select sector spdr tr	-2.9 M
ORCL	oracle corp	-2.8 M
XLB	select sector spdr tr	-1.2 M
	fiserv inc	-1.0 M
MSFT	microsoft corp	-0.9 M

Agate Pass Investment Management, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Agate Pass Investment Management, LLC

Agate Pass Investment Management, LLC has 106 stocks in it's portfolio. About 41.4% of the portfolio is in top 10 stocks. XLB proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Agate Pass Investment Management, LLC last quarter.

Last Reported on: 08 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	5.22	51,661	14,044,500	added	0.78

AAXJ	ishares tr	1.59	79,623	4,290,090	added	10.3

AAXJ	ishares tr	1.53	77,901	4,119,400	added	1.52

AAXJ	ishares tr	0.09	2,141	228,445	reduced	-18.93

ABBV	abbvie inc	5.71	67,223	15,359,800	reduced	-0.23

ABT	abbott labs	2.87	61,555	7,712,270	reduced	-2.1

ACWF	ishares tr	1.47	78,147	3,952,670	reduced	-13.13

ADP	automatic data processing in	0.94	9,835	2,529,930	reduced	-1.66

AEP	american elec pwr co inc	0.16	3,825	441,061	unchanged	0.00

AFL	aflac inc	0.50	12,145	1,339,260	reduced	-0.06

AMAT	applied matls inc	0.69	7,229	1,857,660	added	0.95

AMGN	amgen inc	0.45	3,713	1,215,240	added	0.46

AMPS	ishares tr	0.20	5,832	549,185	unchanged	0.00

AMT	american tower corp new	0.10	1,470	258,088	unchanged	0.00

AMZN	amazon com inc	2.61	30,405	7,018,080	added	12.67

APD	air prods & chems inc	0.58	6,284	1,552,170	reduced	-5.74

AXP	american express co	0.22	1,570	580,764	unchanged	0.00

BBAX	j p morgan exchange traded f	0.31	16,462	832,813	added	4.39

BIL	spdr series trust	0.42	8,131	1,131,510	reduced	-0.73

BIL	spdr series trust	0.09	5,285	253,633	added	13.27