Columbia Asset Management
Long book
$525.1M
Q1 2026
Positions
170
Top-10 weight
40%
concentration
Last quarter
+12.4%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsColumbia Asset Management is a diversified fundamental manager, running a $525.1M US long book across 170 positions.
The portfolio is moderately concentrated (top 10 ≈ 40% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, MICROSOFT CORP, ALPHABET INC-CL A, ERIE INDEMNITY COMPANY-CL A, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.6%
Q2 2024
+7.6%
Q3 2024
-0.8%
Q4 2024
-3.1%
Q1 2025
+5.5%
Q2 2025
+7.1%
Q3 2025
+3.6%
Q4 2025
-2.6%
Q1 2026
+12.4%
Sector allocation
Technology 35%
Healthcare 15%
Industrials 10%
Financials 10%
Consumer discretionary 10%
Services media 5%
Other 4%
Consumer staples 3%
Long book by quarter
What does Columbia Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 198.1K | $50.3M | 9.6% | -0.8% |
| MSFT MICROSOFT CORP | Technology | 90.1K | $33.4M | 6.4% | -0.1% |
| GOOGL ALPHABET INC-CL A | Technology | 74.1K | $21.3M | 4.1% | -4.0% |
| ERIE ERIE INDEMNITY COMPANY-CL A | Financials | 72.6K | $18.2M | 3.5% | +1.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 84.5K | $17.6M | 3.4% | +0.2% |
| V VISA INC-CLASS A SHARES | Services media | 51.1K | $15.5M | 2.9% | -1.3% |
| AVGO BROADCOM INC | Technology | 47.5K | $14.7M | 2.8% | -2.3% |
| MRK MERCK & CO. INC. | Healthcare | 111.7K | $13.4M | 2.6% | +0.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 54.3K | $13.3M | 2.5% | -3.2% |
| CAT CATERPILLAR INC | Industrials | 15.1K | $10.7M | 2.0% | -0.2% |
| GOOG ALPHABET INC-CL C | Technology | 35.6K | $10.2M | 1.9% | -0.5% |
| JPM JPMORGAN CHASE & CO | Financials | 33.1K | $9.7M | 1.9% | -1.7% |
| AMGN AMGEN INC | Healthcare | 22.4K | $7.9M | 1.5% | -2.5% |
| LLY ELI LILLY & CO | Healthcare | 8.4K | $7.8M | 1.5% | +1.0% |
| ABBV ABBVIE INC | Healthcare | 35.3K | $7.7M | 1.5% | -0.4% |
| CVX CHEVRON CORP | Energy | 36.2K | $7.5M | 1.4% | +3.6% |
| SBUX STARBUCKS CORP | Consumer discretionary | 81.4K | $7.3M | 1.4% | -3.3% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 145.2K | $7.3M | 1.4% | -1.1% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 29.2K | $7.1M | 1.3% | -9.9% |
| CSCO CISCO SYSTEMS INC | Technology | 90.0K | $7.0M | 1.3% | -7.2% |
| UNP UNION PACIFIC CORP | Industrials | 24.3K | $5.9M | 1.1% | +4.0% |
| NVDA NVIDIA CORP | Technology | 33.2K | $5.8M | 1.1% | +1.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 39.7K | $5.7M | 1.1% | -1.8% |
| KO COCA-COLA CO/THE | Consumer staples | 72.2K | $5.5M | 1.0% | -1.6% |
| PFE PFIZER INC | Healthcare | 194.3K | $5.5M | 1.0% | +0.9% |
| NKE NIKE INC -CL B | Other | 101.2K | $5.3M | 1.0% | +5.1% |
| MDT MEDTRONIC PLC | Healthcare | 61.6K | $5.3M | 1.0% | -1.1% |
| TGT TARGET CORP | Consumer discretionary | 42.0K | $5.1M | 1.0% | +9.7% |
| PEP PEPSICO INC | Consumer staples | 32.0K | $5.0M | 0.9% | +4.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 15.9K | $4.9M | 0.9% | -0.5% |
| SYK STRYKER CORP | Healthcare | 14.0K | $4.6M | 0.9% | -3.8% |
| DE DEERE & CO | Industrials | 8.0K | $4.5M | 0.9% | 0.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 4.5K | $4.5M | 0.9% | +0.7% |
| GLW CORNING INC | Industrials | 30.7K | $4.2M | 0.8% | -11.5% |
| HD HOME DEPOT INC | Consumer discretionary | 12.6K | $4.1M | 0.8% | -4.0% |
| XOM EXXON MOBIL CORP | Energy | 23.1K | $3.9M | 0.7% | +1.6% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 39.4K | $3.9M | 0.7% | +3.2% |
| ADBE ADOBE INC | Technology | 15.3K | $3.7M | 0.7% | -3.9% |
| AXP AMERICAN EXPRESS CO | Financials | 11.8K | $3.6M | 0.7% | -0.5% |
| DIS WALT DISNEY CO/THE | Services media | 34.7K | $3.3M | 0.6% | -1.5% |
| NFLX NETFLIX INC | Services media | 34.5K | $3.3M | 0.6% | +6.0% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 13.3K | $3.0M | 0.6% | -0.1% |
| T AT&T INC | Communications | 97.4K | $2.8M | 0.5% | +1.0% |
| ITW ILLINOIS TOOL WORKS | Industrials | 10.4K | $2.7M | 0.5% | Held |
| C CITIGROUP INC | Financials | 23.7K | $2.7M | 0.5% | -8.1% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 1.8K | $2.4M | 0.5% | -0.4% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 25.7K | $2.4M | 0.5% | +0.3% |
| WM WASTE MANAGEMENT INC | Utilities | 9.3K | $2.1M | 0.4% | Held |
| MMM 3M CO | Healthcare | 14.6K | $2.1M | 0.4% | -9.8% |
| DECK DECKERS OUTDOOR CORP | Other | 21.0K | $2.1M | 0.4% | -0.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 21, 2026 | 170 | $525.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 28, 2026 | 174 | $562.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 4, 2025 | 168 | $534.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 18, 2025 | 170 | $508.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 10, 2025 | 232 | $511.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 268 | $547.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 181 | $573.8M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 5, 2024 | 172 | $536.4M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 8, 2024 | 168 | $493.2M | $K fixed canonical | SEC ↗ |
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