# Cascades Capital Asset Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2035512. Source: https://holderbook.com/funds/2035512-cascades-capital-asset-management-llc/

- Reported value: $270.4M
- Positions: 167
- Weight of the ten largest: 52.7%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $31.7M | 133,957 | 11.7% | 8 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $28.0M | 40,743 | 10.3% | 8 |
| VANGUARD ADMIRAL FDS INC | [VOOV](https://holderbook.com/stocks/VOOV/) | $14.2M | 64,580 | 5.2% | 8 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $13.7M | 62,880 | 5.1% | 6 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $12.5M | 43,122 | 4.6% | 8 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $10.4M | 51,962 | 3.8% | 8 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $9.3M | 25,039 | 3.5% | 8 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $8.2M | 95,395 | 3.0% | 8 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $7.3M | 91,111 | 2.7% | 8 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $7.1M | 19,817 | 2.6% | 8 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $5.0M | 6,734 | 1.9% | 8 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $4.6M | 38,812 | 1.7% | 8 |
| POWERSHARES QQQ TRUST | - | $4.5M | 6,101 | 1.7% | 8 |
| WISDOMTREE TR | [USFR](https://holderbook.com/stocks/USFR/) | $3.4M | 67,224 | 1.3% | 8 |
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $3.2M | 103,835 | 1.2% | 8 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $3.2M | 7,767 | 1.2% | 8 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $3.0M | 2,539 | 1.1% | 8 |
| SCHWAB STRATEGIC TR | [SCHI](https://holderbook.com/stocks/SCHI/) | $2.9M | 128,065 | 1.1% | 4 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $2.5M | 42,625 | 0.9% | 2 |
| VANGUARD BD INDEX FDS | [VUSB](https://holderbook.com/stocks/VUSB/) | $2.4M | 49,070 | 0.9% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.2M | 6,827 | 0.8% | 8 |
| FIRST BANCORP N C | [FBNC](https://holderbook.com/stocks/FBNC/) | $2.2M | 34,679 | 0.8% | 8 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $2.2M | 1,911 | 0.8% | 6 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $2.2M | 11,644 | 0.8% | 4 |
| INVESTMENT MANAGERS SER TR I | [PPI](https://holderbook.com/stocks/PPI/) | $2.1M | 100,151 | 0.8% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.1M | 3,670 | 0.8% | 8 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $2.1M | 17,185 | 0.8% | 7 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $2.0M | 1,887 | 0.7% | 8 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $2.0M | 24,974 | 0.7% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.9M | 5,599 | 0.7% | 8 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.9M | 3,895 | 0.7% | 8 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.7M | 12,415 | 0.6% | 8 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.7M | 23,535 | 0.6% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.6M | 3,234 | 0.6% | 8 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.6M | 11,726 | 0.6% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.6M | 6,605 | 0.6% | 8 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $1.5M | 11,920 | 0.6% | 8 |
| Mkt Vectors Semiconductor ETF | - | $1.5M | 2,265 | 0.5% | 8 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $1.5M | 15,658 | 0.5% | 4 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.4M | 5,690 | 0.5% | 8 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.4M | 5,262 | 0.5% | 8 |
| PACER FDS TR | [PSFF](https://holderbook.com/stocks/PSFF/) | $1.4M | 39,815 | 0.5% | 8 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.4M | 3,678 | 0.5% | 7 |
| DIMENSIONAL ETF TRUST | [DFSV](https://holderbook.com/stocks/DFSV/) | $1.2M | 32,135 | 0.5% | 1 |
| HARRIS OAKMARK ETF TRUST | [OAKM](https://holderbook.com/stocks/OAKM/) | $1.2M | 43,216 | 0.5% | 4 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.2M | 3,194 | 0.4% | 7 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $1.2M | 1,572 | 0.4% | 8 |
| LEGG MASON ETF INVT | [LRGE](https://holderbook.com/stocks/LRGE/) | $1.2M | 13,925 | 0.4% | 8 |
| JPMORGAN CHASE &  6 PFD | [JPMPRC](https://holderbook.com/stocks/JPMPRC/) | $1.2M | 46,020 | 0.4% | 8 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $1.2M | 15,202 | 0.4% | 8 |
| RAYTHEON COMPANY | - | $1.1M | 5,927 | 0.4% | 4 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $1.1M | 5,100 | 0.4% | 8 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.1M | 3,053 | 0.4% | 8 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $1.1M | 4,212 | 0.4% | 6 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $1.1M | 2,069 | 0.4% | 8 |
| FACTSET RESH SYS INC | [FDS](https://holderbook.com/stocks/FDS/) | $930.2K | 4,043 | 0.3% | 8 |
| RYDEX ETF TRUST | - | $925.1K | 4,348 | 0.3% | 8 |
| BANK OF AMERICA NON CUM PREF 6 | [BACPRB](https://holderbook.com/stocks/BACPRB/) | $914.9K | 36,580 | 0.3% | 8 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $885.7K | 15,682 | 0.3% | 8 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $883.1K | 7,518 | 0.3% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $878.9K | 3,461 | 0.3% | 8 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $871.7K | 17,075 | 0.3% | 5 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $777.1K | 2,146 | 0.3% | 8 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $774.4K | 5,112 | 0.3% | 8 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $773.7K | 791 | 0.3% | 8 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $766.5K | 7,805 | 0.3% | 2 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $764.5K | 12,156 | 0.3% | 8 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $731.9K | 6,462 | 0.3% | 8 |
| GENERAL ELECTRIC CO | [GEXXXX](https://holderbook.com/stocks/GEXXXX/) | $721.7K | 1,931 | 0.3% | 8 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $652.8K | 1,552 | 0.2% | 8 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $643.9K | 548 | 0.2% | 6 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $631.8K | 7,644 | 0.2% | 2 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $624.7K | 6,205 | 0.2% | 3 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $612.7K | 3,861 | 0.2% | 3 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $590.0K | 1,730 | 0.2% | 8 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $584.4K | 2,622 | 0.2% | 8 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $574.9K | 2,581 | 0.2% | 8 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $532.4K | 12,575 | 0.2% | 8 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $526.3K | 9,237 | 0.2% | 8 |
| VANGUARD WHITEHALL FDS | [VIGI](https://holderbook.com/stocks/VIGI/) | $494.9K | 5,300 | 0.2% | 5 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $480.9K | 10,606 | 0.2% | 5 |
| INVESCO EXCH TRADED FD TR II | [IDHQ](https://holderbook.com/stocks/IDHQ/) | $469.1K | 10,732 | 0.2% | 1 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $412.1K | 211 | 0.2% | 8 |
| GARMIN LTD | [GRMN](https://holderbook.com/stocks/GRMN/) | $408.8K | 1,721 | 0.2% | 8 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $405.3K | 3,264 | 0.1% | 2 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $402.3K | 5,591 | 0.1% | 7 |
| CHUBB CORP | - | $391.2K | 1,148 | 0.1% | 8 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $387.5K | 3,016 | 0.1% | 8 |
| SIEMENS ENERGY AG NPV ADR | [SMERY](https://holderbook.com/stocks/SMERY/) | $381.4K | 10,000 | 0.1% | 2 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $379.6K | 3,824 | 0.1% | 4 |
| Badger Daylighting Ltd. | - | $379.2K | 5,792 | 0.1% | 6 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $370.8K | 5,051 | 0.1% | 2 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $368.2K | 325 | 0.1% | 8 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $366.2K | 1,302 | 0.1% | 8 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $362.5K | 624 | 0.1% | 3 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $355.8K | 1,130 | 0.1% | 8 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $340.7K | 3,532 | 0.1% | 8 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $333.8K | 468 | 0.1% | 6 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $326.3K | 2,083 | 0.1% | 8 |
| Medtronic Inc | - | $323.2K | 4,131 | 0.1% | 8 |

## 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 | +11.4% | +14.8% | -3.4% | 98% |
| Q1 2026 | -3.9% | -4.6% | +0.7% | 98% |
| Q4 2025 | +2.0% | +2.4% | -0.4% | 98% |
| Q3 2025 | +7.2% | +7.8% | -0.7% | 99% |
| Q2 2025 | +7.5% | +10.5% | -3.0% | 98% |
| Q1 2025 | -3.8% | -4.6% | +0.8% | 98% |
| Q4 2024 | +0.4% | +2.1% | -1.7% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $270.4M | 167 |
| Q1 2026 | $238.6M | 158 |
| Q4 2025 | $238.9M | 165 |
| Q3 2025 | $227.2M | 154 |
| Q2 2025 | $194.5M | 144 |
| Q1 2025 | $185.3M | 142 |
| Q4 2024 | $187.5M | 106 |
| Q3 2024 | $181.5M | 101 |