Cascades Capital Asset Management, LLC
Long book
$238.6M
Q1 2026
Positions
158
Top-10 weight
52%
concentration
Last quarter
+12.5%
SPY +14.8%
Turnover
23%
of book per quarter
Strategy in plain words
auto-generated from filingsCascades Capital Asset Management, LLC is a wealth-management firm allocating client money, running a $238.6M US long book across 158 positions.
The portfolio is concentrated: the top 10 names carry 52% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD DIVIDEND APPREC ETF, VANGUARD S&P 500 ETF, VANGUARD S&P 500 VALUE ETF, APPLE INC, MICROSOFT CORP.
Over the last 7 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 2 of 7 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q3 2024
+0.9%
Q4 2024
-3.4%
Q1 2025
+8.1%
Q2 2025
+7.7%
Q3 2025
+2.5%
Q4 2025
-3.5%
Q1 2026
+12.5%
Sector allocation
Technology 51%
Financials 10%
Industrials 10%
Consumer discretionary 8%
Healthcare 7%
Services media 3%
Energy 3%
Utilities 2%
Long book by quarter
What does Cascades Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 43.8K | $11.1M | 4.7% | +0.5% |
| MSFT MICROSOFT CORP | Technology | 26.6K | $9.8M | 4.1% | -1.8% |
| NVDA NVIDIA CORP | Technology | 55.1K | $9.6M | 4.0% | -0.2% |
| GOOGL ALPHABET INC-CL A | Technology | 20.3K | $5.8M | 2.4% | +5.2% |
| META META PLATFORMS INC-CLASS A | Technology | 4.3K | $2.5M | 1.0% | -1.1% |
| LLY ELI LILLY & CO | Healthcare | 2.7K | $2.4M | 1.0% | -5.3% |
| XOM EXXON MOBIL CORP | Energy | 12.9K | $2.2M | 0.9% | -2.3% |
| UNH UNITEDHEALTH GROUP INC | Financials | 7.7K | $2.1M | 0.9% | -0.3% |
| JPM JPMORGAN CHASE & CO | Financials | 6.8K | $2.0M | 0.8% | -2.2% |
| FBNC FIRST BANCORP/NC | Financials | 34.8K | $2.0M | 0.8% | Held |
| MCD MCDONALD'S CORP | Consumer discretionary | 5.7K | $1.8M | 0.7% | -8.9% |
| V VISA INC-CLASS A SHARES | Services media | 5.8K | $1.7M | 0.7% | -7.3% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 3.3K | $1.6M | 0.7% | -26.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 7.0K | $1.5M | 0.6% | +4.1% |
| LMT LOCKHEED MARTIN CORP | Industrials | 2.4K | $1.4M | 0.6% | -5.7% |
| CAT CATERPILLAR INC | Industrials | 1.9K | $1.3M | 0.6% | -9.8% |
| DUK DUKE ENERGY CORP | Utilities | 9.5K | $1.2M | 0.5% | -16.2% |
| ABBV ABBVIE INC | Healthcare | 5.7K | $1.2M | 0.5% | -1.5% |
| RTX RTX CORPORATION | Industrials | 6.2K | $1.2M | 0.5% | -1.5% |
| HD HOME DEPOT INC | Consumer discretionary | 3.2K | $1.1M | 0.4% | -16.1% |
| LOW LOWE'S COS INC | Consumer discretionary | 3.8K | $889K | 0.4% | -0.3% |
| FDS FACTSET RESEARCH SYSTEMS INC | Technology | 4.0K | $877K | 0.4% | 0.0% |
| TJX TJX COMPANIES INC | Consumer discretionary | 5.4K | $856K | 0.4% | 0.0% |
| WMT WALMART INC | Consumer discretionary | 6.8K | $851K | 0.4% | +0.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 3.4K | $828K | 0.3% | +0.2% |
| AVGO BROADCOM INC | Technology | 2.5K | $768K | 0.3% | +8.7% |
| AMGN AMGEN INC | Healthcare | 2.1K | $755K | 0.3% | Held |
| PH PARKER HANNIFIN CORP | Industrials | 818 | $732K | 0.3% | Held |
| FCX FREEPORT-MCMORAN INC | Materials | 12.2K | $715K | 0.3% | -1.9% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 1.7K | $679K | 0.3% | +4.3% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 12.5K | $629K | 0.3% | -16.1% |
| BAC BANK OF AMERICA CORP | Financials | 12.8K | $626K | 0.3% | -25.5% |
| CSCO CISCO SYSTEMS INC | Technology | 7.8K | $609K | 0.3% | +0.1% |
| WM WASTE MANAGEMENT INC | Utilities | 2.6K | $600K | 0.3% | +2.2% |
| TSLA TESLA INC | Industrials | 1.5K | $557K | 0.2% | -0.7% |
| GLW CORNING INC | Industrials | 4.0K | $548K | 0.2% | +0.4% |
| GE General Electric Company | Industrials | 1.9K | $544K | 0.2% | Held |
| INTC INTEL CORP | Technology | 12.1K | $534K | 0.2% | Held |
| MU MICRON TECHNOLOGY INC | Technology | 1.5K | $494K | 0.2% | -52.6% |
| GEV GE VERNOVA INC | Industrials | 529 | $462K | 0.2% | Held |
| NUE NUCOR CORP | Industrials | 2.6K | $436K | 0.2% | 0.0% |
| CRM SALESFORCE INC | Technology | 2.2K | $406K | 0.2% | -6.6% |
| MKL MARKEL GROUP INC | Financials | 211 | $404K | 0.2% | Held |
| GRMN GARMIN LTD | Technology | 1.7K | $399K | 0.2% | Held |
| MO ALTRIA GROUP INC | Consumer staples | 6.0K | $398K | 0.2% | -25.9% |
| SYK STRYKER CORP | Healthcare | 1.1K | $371K | 0.2% | Held |
| MRK MERCK & CO. INC. | Healthcare | 3.0K | $362K | 0.2% | +0.1% |
| NFLX NETFLIX INC | Services media | 3.7K | $351K | 0.1% | -1.6% |
| FDX FEDEX CORP | Industrials | 976 | $348K | 0.1% | -16.4% |
| NEM NEWMONT CORP | Materials | 3.2K | $346K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 159 | $238.6M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 4, 2026 | 166 | $238.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 155 | $227.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 144 | $194.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 143 | $185.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 106 | $187.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 101 | $181.5M | canonical | SEC ↗ |