# Agate Pass Investment Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1900409. Source: https://holderbook.com/funds/1900409-agate-pass-investment-management-llc/

- Reported value: $271.2M
- Positions: 109
- Weight of the ten largest: 41.0%
- Filed: 2026-07-08

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $15.6M | 43,706 | 5.8% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $13.7M | 47,267 | 5.0% | 19 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $13.7M | 54,306 | 5.0% | 19 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $13.1M | 19,071 | 4.8% | 19 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $12.5M | 41,287 | 4.6% | 19 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $9.8M | 113,467 | 3.6% | 16 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $9.6M | 25,850 | 3.6% | 19 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $8.3M | 99,457 | 3.1% | 19 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $7.8M | 23,958 | 2.9% | 19 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $7.1M | 29,602 | 2.6% | 19 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $6.9M | 36,075 | 2.5% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $6.7M | 26,564 | 2.5% | 11 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $6.7M | 56,819 | 2.5% | 19 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $5.6M | 106,227 | 2.1% | 19 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $5.3M | 100,402 | 2.0% | 19 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $5.0M | 6,945 | 1.9% | 16 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $4.6M | 90,713 | 1.7% | 19 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $4.6M | 50,479 | 1.7% | 19 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $4.2M | 12,004 | 1.6% | 17 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $3.8M | 20,122 | 1.4% | 19 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $3.5M | 6,877 | 1.3% | 19 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $3.5M | 11,620 | 1.3% | 19 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $3.3M | 6,343 | 1.2% | 19 |
| CORPAY INC | [CPAY](https://holderbook.com/stocks/CPAY/) | $3.1M | 9,292 | 1.1% | 10 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $3.0M | 37,570 | 1.1% | 19 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.9M | 21,162 | 1.1% | 19 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $2.8M | 12,522 | 1.0% | 19 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.7M | 2,903 | 1.0% | 19 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $2.7M | 19,929 | 1.0% | 14 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $2.6M | 17,690 | 0.9% | 7 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.5M | 3,327 | 0.9% | 19 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $2.4M | 12,592 | 0.9% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.3M | 4,646 | 0.9% | 19 |
| BERKLEY W R CORP | [WRB](https://holderbook.com/stocks/WRB/) | $2.2M | 31,899 | 0.8% | 19 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $2.2M | 14,953 | 0.8% | 19 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $2.0M | 24,653 | 0.8% | 19 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.0M | 14,680 | 0.7% | 19 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $2.0M | 8,785 | 0.7% | 7 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $2.0M | 6,025 | 0.7% | 7 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $2.0M | 13,410 | 0.7% | 19 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.9M | 5,607 | 0.7% | 19 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $1.9M | 34,657 | 0.7% | 19 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $1.8M | 57,979 | 0.7% | 19 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.8M | 10,958 | 0.7% | 19 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.8M | 6,393 | 0.7% | 7 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $1.8M | 3,630 | 0.7% | 7 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $1.7M | 7,802 | 0.6% | 19 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $1.7M | 33,989 | 0.6% | 19 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $1.7M | 5,762 | 0.6% | 19 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $1.6M | 9,950 | 0.6% | 7 |
| NORTHERN TR CORP | [NTRS](https://holderbook.com/stocks/NTRS/) | $1.5M | 8,595 | 0.6% | 7 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $1.3M | 13,195 | 0.5% | 19 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $1.3M | 11,271 | 0.5% | 19 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.3M | 1,714 | 0.5% | 19 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $1.3M | 3,391 | 0.5% | 3 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $1.2M | 10,547 | 0.5% | 9 |
| WOODWARD INC | [WWD](https://holderbook.com/stocks/WWD/) | $1.2M | 2,890 | 0.5% | 19 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.2M | 3,394 | 0.5% | 19 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $1.1M | 7,293 | 0.4% | 19 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $1.1M | 4,501 | 0.4% | 19 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.0M | 2,723 | 0.4% | 19 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $978.9K | 1,886 | 0.4% | 11 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $956.2K | 3,183 | 0.4% | 19 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $954.5K | 1,296 | 0.4% | 5 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $923.5K | 18,262 | 0.3% | 11 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $901.0K | 11,517 | 0.3% | 19 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $873.8K | 6,800 | 0.3% | 7 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $851.2K | 3,503 | 0.3% | 19 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $821.9K | 5,180 | 0.3% | 19 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $811.8K | 15,285 | 0.3% | 19 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $809.0K | 841 | 0.3% | 5 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $793.3K | 811 | 0.3% | 11 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $729.8K | 1,756 | 0.3% | 11 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $712.0K | 3,965 | 0.3% | 7 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $693.5K | 24,600 | 0.3% | 19 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $609.4K | 5,688 | 0.2% | 7 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $594.6K | 7,114 | 0.2% | 19 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $557.3K | 1,524 | 0.2% | 15 |
| PRUDENTIAL FINL INC | [PRU](https://holderbook.com/stocks/PRU/) | $534.3K | 4,950 | 0.2% | 7 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $531.0K | 1,570 | 0.2% | 19 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $524.0K | 5,432 | 0.2% | 19 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $523.3K | 3,825 | 0.2% | 7 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $504.9K | 3,989 | 0.2% | 19 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $502.4K | 5,220 | 0.2% | 19 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $470.9K | 4,530 | 0.2% | 19 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $460.5K | 8,590 | 0.2% | 15 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $434.4K | 9,582 | 0.2% | 11 |
| RAYMOND JAMES FINL INC | [RJF](https://holderbook.com/stocks/RJF/) | $392.5K | 2,582 | 0.1% | 19 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $340.2K | 2,171 | 0.1% | 8 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $302.0K | 8,925 | 0.1% | 1 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $299.4K | 2,538 | 0.1% | 19 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $285.6K | 4,008 | 0.1% | 3 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $257.9K | 2,493 | 0.1% | 1 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $253.6K | 3,069 | 0.1% | 1 |
| F5 INC | [FFIV](https://holderbook.com/stocks/FFIV/) | $249.6K | 600 | 0.1% | 1 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $249.0K | 183 | 0.1% | 1 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $242.1K | 703 | 0.1% | 19 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $241.9K | 2,272 | 0.1% | 1 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $240.4K | 1,470 | 0.1% | 19 |
| FS BANCORP INC | [FSBW](https://holderbook.com/stocks/FSBW/) | $227.4K | 5,240 | 0.1% | 5 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.0% | +14.8% | -3.8% | 100% |
| Q1 2026 | -3.9% | -4.6% | +0.7% | 100% |
| Q4 2025 | +1.3% | +2.4% | -1.1% | 100% |
| Q3 2025 | +7.6% | +7.8% | -0.2% | 100% |
| Q2 2025 | +4.3% | +10.5% | -6.2% | 100% |
| Q1 2025 | -0.7% | -4.6% | +3.9% | 100% |
| Q4 2024 | -0.8% | +2.1% | -2.9% | 100% |
| Q3 2024 | +7.1% | +5.4% | +1.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $271.2M | 109 |
| Q1 2026 | $255.5M | 105 |
| Q4 2025 | $269.2M | 106 |
| Q3 2025 | $262.8M | 103 |
| Q2 2025 | $243.5M | 107 |
| Q1 2025 | $233.8M | 107 |
| Q4 2024 | $221.2M | 107 |
| Q3 2024 | $200.4M | 94 |
| Q2 2024 | $188.0M | 94 |
| Q1 2024 | $186.4M | 95 |
| Q4 2023 | $172.5M | 97 |
| Q3 2023 | $147.6M | 84 |