Q4 2025 · 13F-HR
Cascades Capital Asset Management, LLCholdings as filed
Filed 2026-02-04 · accession 0001398344-26-002198
$238.9M
Reported value
165
Positions
2025-12-31
Period end
The Brief · Cascades Capital Asset Management, LLC · Q4 2025
AI · grounded in 13F
Cascades Capital Asset Management, LLC significantly reduced its position in USMV by 90.57%. The fund also increased its holdings in SCHI by 112.5% and VTV by 81.25%. Additionally, the manager closed its position in IBIT, resulting in a negative delta of $380,575.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 921908844 | VIG | Vanguard Dividend Appreciation ETF | $24.5M | 10.3% | 111,622 | Common | SOLE |
| 922908363 | VOO | Vanguard S&P 500 ETF | $23.3M | 9.74% | 37,102 | Common | SOLE |
| 921932703 | VOOV | Vanguard S&P 500 Value | $13.5M | 5.64% | 65,783 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $13.1M | 5.48% | 27,063 | Common | SOLE |
| 037833100 | AAPL | Apple Inc | $11.8M | 4.95% | 43,533 | Common | SOLE |
| 67066G104 | NVDA | Nvidia Corp | $10.3M | 4.31% | 55,195 | Common | SOLE |
| 922908736 | VUG | Vanguard Growth ETF | $7.6M | 3.19% | 15,629 | Common | SOLE |
| 922908744 | VTV | Vanguard Value ETF | $6.5M | 2.73% | 34,202 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc Class A | $6.0M | 2.53% | 19,314 | Common | SOLE |
| 97717Y527 | USFR | Wisdomtree Floating Rate Treas. ETF | $6.0M | 2.50% | 118,582 | Common | SOLE |
| 922908629 | VO | Vanguard Mid Cap Index ETF | $5.8M | 2.42% | 19,904 | Common | SOLE |
| 78462F103 | SPY | S P D R S&P 500 ETF | $4.6M | 1.92% | 6,729 | Common | SOLE |
| 464288661 | IEI | I Shares 3-7 Year US Treas. ETF | $4.1M | 1.73% | 34,588 | Common | SOLE |
| 921946810 | VIGI | Vanguard International Divdend ETF | $3.4M | 1.44% | 37,616 | Common | SOLE |
| 532457108 | LLY | Lilly Eli & Company | $3.0M | 1.26% | 2,799 | Common | SOLE |
| 30303M102 | META | Meta Platforms | $2.9M | 1.20% | 4,349 | Common | SOLE |
| 808524771 | FNDX | Schwab Fundamental US Co. Index | $2.8M | 1.17% | 102,794 | Common | SOLE |
| 73935A104 | — | Powershs QQQ Nasdaq ETF | $2.8M | 1.17% | 4,531 | Common | SOLE |
| 91324P102 | UNH | Unitedhealth Group Inc | $2.6M | 1.07% | 7,747 | Common | SOLE |
| 808524698 | SCHI | Schwab 5 10 Year Corp Bond ETF | $2.3M | 0.98% | 102,106 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway B New | $2.3M | 0.95% | 4,521 | Common | SOLE |
| 46625H100 | JPM | JP Morgan Chase & Co | $2.2M | 0.93% | 6,924 | Common | SOLE |
| 92826C839 | V | Visa Inc Cl A | $2.2M | 0.91% | 6,222 | Common | SOLE |
| 580135101 | MCD | Mc Donalds Corp | $1.9M | 0.80% | 6,274 | Common | SOLE |
| 48128B648 | JPM 6 PERP EE | JP Morgan Chase Preferred C | $1.8M | 0.76% | 72,201 | Common | SOLE |
| 318910106 | FBNC | First Bancorp N C | $1.8M | 0.74% | 34,828 | Common | SOLE |
| 46429B655 | FLOT | I Shares Floating Rate Bond | $1.7M | 0.71% | 33,161 | Common | SOLE |
| 92204A702 | VGT | Vanguard Information Tech ETF | $1.6M | 0.67% | 2,117 | Common | SOLE |
| 30231G102 | XOM | Exxon Mobil Corporation | $1.6M | 0.67% | 13,214 | Common | SOLE |
| 69374H568 | PSFF | Pacer Swan SOS Fund Of Funds | $1.6M | 0.66% | 48,840 | Common | SOLE |
| 023135106 | AMZN | Amazon Com Inc | $1.6M | 0.65% | 6,760 | Common | SOLE |
| 060505229 | BAC 6 PERP GG | Bank America Corp Preferred B | $1.5M | 0.64% | 61,374 | Common | SOLE |
| 78463V107 | GLD | Spider Gold TRUST | $1.5M | 0.62% | 3,749 | Common | SOLE |
| 464287440 | IEF | I Shares 7-10 Year Treasury | $1.4M | 0.60% | 14,786 | Common | SOLE |
| 26441C204 | DUK | Duke Energy Corp New | $1.3M | 0.56% | 11,347 | Common | SOLE |
| 437076102 | HD | Home Depot Inc | $1.3M | 0.55% | 3,836 | Common | SOLE |
| 00287Y109 | ABBV | Abbvie Inc | $1.3M | 0.55% | 5,760 | Common | SOLE |
| 41456U106 | OAKM | Oakmark US Large Cap | $1.3M | 0.53% | 44,325 | Common | SOLE |
| 539830109 | LMT | Lockheed Martin Corp | $1.2M | 0.51% | 2,510 | Common | SOLE |
| 149123101 | CAT | Caterpillar Inc | $1.2M | 0.50% | 2,088 | Common | SOLE |
| 524682200 | LRGE | Clearbridge Large Cap | $1.2M | 0.50% | 14,387 | Common | SOLE |
| 303075105 | FDS | Factset Research Systems | $1.2M | 0.49% | 4,041 | Common | SOLE |
| 78355W106 | — | Guggenheim S&P 500 Equal Weighted ETf | $1.2M | 0.48% | 6,022 | Common | SOLE |
| 755111309 | — | Raytheon Technologies Co | $1.2M | 0.48% | 6,282 | Common | SOLE |
| 46141T117 | PPI | AXS Astoria Inflation Sensitive ETF | $1.1M | 0.48% | 61,723 | Common | SOLE |
| 46641Q332 | JEPI | JP Morgan Equity Premium ETF | $1.1M | 0.45% | 18,772 | Common | SOLE |
| 46434V621 | DGRO | I Shares Core Dividend | $1.0M | 0.44% | 14,985 | Common | SOLE |
| 57060U233 | SMHUSD | Mkt Vectors Semiconductor ETF | $1.0M | 0.42% | 2,793 | Common | SOLE |
| 81369Y704 | XLI | Industrial Sector ETF | $995,870 | 0.42% | 6,420 | Common | SOLE |
| 060505104 | BAC | Bank Of America Corp | $948,114 | 0.40% | 17,238 | Common | SOLE |
| 548661107 | LOW | Lowes Companies Inc | $909,807 | 0.38% | 3,773 | Common | SOLE |
| 595112103 | MU | Micron Technology Inc | $880,352 | 0.37% | 3,085 | Common | SOLE |
| 874039100 | TSM | Taiwan Semiconductr | $849,980 | 0.36% | 2,797 | Common | SOLE |
| 92206C409 | VCSH | Vanguard Short Term Corp Bond | $834,614 | 0.35% | 10,468 | Common | SOLE |
| 872540109 | TJX | T J X Cos Inc | $823,301 | 0.34% | 5,360 | Common | SOLE |
| 11135F101 | AVGO | Broadcom Inc | $790,094 | 0.33% | 2,283 | Common | SOLE |
| 22788C105 | CRWD | Crowdstrike Hldgs Inc | $781,423 | 0.33% | 1,667 | Common | SOLE |
| 464287515 | IGV | I Shares Tech-Software Sector ETF | $773,122 | 0.32% | 7,315 | Common | SOLE |
| 931142103 | WMT | Wal-Mart Stores Inc | $762,313 | 0.32% | 6,842 | Common | SOLE |
| 701094104 | PH | Parker-Hannifin Corp | $718,989 | 0.30% | 818 | Common | SOLE |
| 031162100 | AMGN | Amgen Incorporated | $702,407 | 0.29% | 2,146 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $699,053 | 0.29% | 3,378 | Common | SOLE |
| 88160R101 | TSLA | Tesla Motors Inc | $678,178 | 0.28% | 1,508 | Common | SOLE |
| 78463X202 | FEZ | SPDR Euro Stoxx 50 ETF | $643,900 | 0.27% | 10,000 | Common | SOLE |
| 35671D857 | FCX | Freeport McMoran Copper | $629,593 | 0.26% | 12,396 | Common | SOLE |
| 79466L302 | CRM | Salesforce Com | $617,545 | 0.26% | 2,331 | Common | SOLE |
| 92343V104 | VZ | Verizon Communications | $607,610 | 0.25% | 14,918 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems Inc | $603,737 | 0.25% | 7,838 | Common | SOLE |
| 369604103 | GE | General Electric Company | $590,494 | 0.25% | 1,917 | Common | SOLE |
| 81369Y209 | XLV | Sector Spdr Healthcare Fund | $585,918 | 0.25% | 3,785 | Common | SOLE |
| 94106L109 | WM | Waste Management Inc Del | $560,596 | 0.23% | 2,552 | Common | SOLE |
| 949746101 | WMT2 | Wells Fargo & Co New | $547,687 | 0.23% | 5,876 | Common | SOLE |
| 25459Y207 | QQQE | Direxion Nasdaq 100 Equal Weight | $534,877 | 0.22% | 5,228 | Common | SOLE |
| 81369Y886 | XLU | Sector Spider Utility Fund | $525,087 | 0.22% | 12,300 | Common | SOLE |
| 697435105 | PANW | Palo Alto Networks | $501,208 | 0.21% | 2,721 | Common | SOLE |
| 02209S103 | MO | Altria Group Inc | $469,655 | 0.20% | 8,145 | Common | SOLE |
| 26441C501 | DUK 5.75 PERP A | Duke Energy Preferred C | $461,146 | 0.19% | 18,468 | Common | SOLE |
| 092528603 | BINC | I Shares Flexible Income ETF | $458,307 | 0.19% | 8,685 | Common | SOLE |
| 585055106 | — | Medtronic Inc | $456,573 | 0.19% | 4,753 | Common | SOLE |
| 570535104 | MKL | Markel Corp | $453,576 | 0.19% | 211 | Common | SOLE |
| 69608A108 | PLTR | Palantir Technologies | $448,641 | 0.19% | 2,524 | Common | SOLE |
| 458140100 | INTC | Intel Corp | $446,137 | 0.19% | 12,090 | Common | SOLE |
| 46436E718 | SGOV | I Shares 0 To 3 Month Treasury ETF | $441,672 | 0.18% | 4,400 | Common | SOLE |
| 670346105 | NUE | Nucor Corp | $420,867 | 0.18% | 2,580 | Common | SOLE |
| 459200101 | IBM | Intl Business Machines | $414,009 | 0.17% | 1,398 | Common | SOLE |
| 68389X105 | ORCL | Oracle Corporation | $400,248 | 0.17% | 2,054 | Common | SOLE |
| 863667101 | SYK | Stryker Corp | $397,161 | 0.17% | 1,130 | Common | SOLE |
| 22160K105 | COST | Costco Whsl Corp New | $364,583 | 0.15% | 423 | Common | SOLE |
| 219350105 | GLW | Corning Inc | $351,291 | 0.15% | 4,012 | Common | SOLE |
| 171232101 | — | Chubb Corporation | $350,511 | 0.15% | 1,123 | Common | SOLE |
| H2906T109 | GRMN | Garmin Ltd New | $349,105 | 0.15% | 1,721 | Common | SOLE |
| 64110L106 | NFLX | Netflix Inc | $348,318 | 0.15% | 3,715 | Common | SOLE |
| 46429B697 | USMV | I Shares MSCI USA Minimum Volatilty | $347,168 | 0.15% | 3,687 | Common | SOLE |
| 46138E218 | — | Invesco S&P Int. Developed Quality | $346,308 | 0.14% | 9,852 | Common | SOLE |
| 36828A101 | GEV | GE Vernova Inc | $345,740 | 0.14% | 529 | Common | SOLE |
| 31428X106 | FDX | Fedex Corporation | $337,054 | 0.14% | 1,167 | Common | SOLE |
| 713448108 | PEP | Pepsico Incorporated | $335,201 | 0.14% | 2,336 | Common | SOLE |
| 74316P579 | AKRE | AKRE Focused ETF | $333,642 | 0.14% | 5,093 | Common | SOLE |
| 704326107 | PAYX | Paychex Inc | $330,760 | 0.14% | 2,948 | Common | SOLE |
| 651639106 | NEM | Newmont Mining Corp | $318,921 | 0.13% | 3,194 | Common | SOLE |
| 58933Y105 | MRK | Merck & Co Inc New | $316,621 | 0.13% | 3,008 | Common | SOLE |
| 94988U128 | WFC 4.7 PERP AA | Wells Fargo Preferred A | $312,019 | 0.13% | 16,125 | Common | SOLE |
| 617446448 | MS | Morgan Stanley | $311,757 | 0.13% | 1,756 | Common | SOLE |
| 05651W209 | BADEUR | Badger Daylighting | $308,192 | 0.13% | 5,792 | Common | SOLE |
| 097023105 | BA | Boeing Co | $304,054 | 0.13% | 1,400 | Common | SOLE |
| 87283Q107 | TCHP | T Rowe Price Blue Chip Growth | $298,462 | 0.12% | 5,986 | Common | SOLE |
| 89832Q109 | TFC | Truist Finl Corp | $292,044 | 0.12% | 5,935 | Common | SOLE |
| 921943858 | VEA | Vanguard FTSE Developed Mkts ETF | $282,989 | 0.12% | 4,530 | Common | SOLE |
| 00724F101 | ADBE | Adobe Systems Inc | $273,692 | 0.11% | 782 | Common | SOLE |
| 97717X669 | DGRW | Wisdomtree US Quality Dividend | $273,656 | 0.11% | 3,060 | Common | SOLE |
| 911363109 | URI | United Rentals Inc | $263,029 | 0.11% | 325 | Common | SOLE |
| 20030N101 | CMCSA | Comcast Corp New Cl A | $261,179 | 0.11% | 8,738 | Common | SOLE |
| 171340102 | CHD | Church & Dwight Co | $254,066 | 0.11% | 3,030 | Common | SOLE |
| 09857L108 | BKNG | Booking Holdings Inc | $252,349 | 0.11% | 47 | Common | SOLE |
| 254687106 | DIS | Disney Walt Co | $247,163 | 0.10% | 2,172 | Common | SOLE |
| 464289867 | AOR | iShares Core 60/40 Balanced Allocation | $240,537 | 0.10% | 3,700 | Common | SOLE |
| 776696106 | ROP | Roper Technologies | $235,919 | 0.10% | 530 | Common | SOLE |
| 231021106 | CMI | Cummins Inc | $235,828 | 0.10% | 462 | Common | SOLE |
| 002824100 | ABT | Abbott Laboratories | $233,801 | 0.10% | 1,866 | Common | SOLE |
| 191216100 | KO | Coca Cola Company | $230,106 | 0.10% | 3,291 | Common | SOLE |
| 742718109 | PG | Procter & Gamble | $217,529 | 0.09% | 1,518 | Common | SOLE |
| 452308109 | ITW | Illinois Tool Works Inc | $214,774 | 0.09% | 872 | Common | SOLE |
| 46138G649 | QQQM | Invesco Nasdaq 100 Etf | $210,443 | 0.09% | 832 | Common | SOLE |
| 892356106 | TSCO | Tractor Supply Company | $207,956 | 0.09% | 4,158 | Common | SOLE |
| 278865100 | ECL | Ecolab Inc | $203,978 | 0.09% | 777 | Common | SOLE |
| 66987V109 | NVS | Novartis A G Spon ADR | $196,465 | 0.08% | 1,425 | Common | SOLE |
| 907818108 | UNP | Union Pacific Corp | $195,848 | 0.08% | 847 | Common | SOLE |
| 25746U109 | D | Dominion Res Inc Va New | $190,828 | 0.08% | 3,257 | Common | SOLE |
| 136375102 | CNI | Canadian National Railway | $187,123 | 0.08% | 1,893 | Common | SOLE |
| 81762P102 | NOW | Service Now Inc | $186,126 | 0.08% | 1,215 | Common | SOLE |
| 172967424 | C | Citigroup Inc New | $175,653 | 0.07% | 1,505 | Common | SOLE |
| 654106103 | NKE | Nike Inc Class B | $173,610 | 0.07% | 2,725 | Common | SOLE |
| 553368101 | MP | MP Materials Corp | $168,232 | 0.07% | 3,330 | Common | SOLE |
| 59935V107 | MIST | Milestone Pharmaceutical | $156,570 | 0.07% | 77,510 | Common | SOLE |
| 859241101 | STRL | Sterling Infrastructure, Inc. | $153,115 | 0.06% | 500 | Common | SOLE |
| G1151C101 | ACN | Accenture PLC | $152,394 | 0.06% | 568 | Common | SOLE |
| 82621A104 | SMNEY | Siemens Energy Ag | $149,961 | 0.06% | 1,070 | Common | SOLE |
| 166764100 | CVX | Chevron Corporation | $147,732 | 0.06% | 969 | Common | SOLE |
| 607828100 | MOD | Modine Mfg Co | $146,861 | 0.06% | 1,100 | Common | SOLE |
| 21037T109 | CEG | Constellation Energy Corp | $143,478 | 0.06% | 406 | Common | SOLE |
| 82509L107 | SHOP | Shopify Inc | $136,342 | 0.06% | 847 | Common | SOLE |
| 97717X560 | WTPI | Wisdomtree Equity Premium Income | $135,382 | 0.06% | 4,100 | Common | SOLE |
| 808524300 | SCHG | Schwab US Large Cap Growth ETF | $134,188 | 0.06% | 4,114 | Common | SOLE |
| 185899101 | CLF | Cleveland-Cliffs Inc | $132,800 | 0.06% | 10,000 | Common | SOLE |
| 007903107 | AMD | Advanced Micro Devices | $131,708 | 0.06% | 615 | Common | SOLE |
| 718172109 | PM | Philip Morris Intl Inc | $131,036 | 0.05% | 817 | Common | SOLE |
| 26875P101 | EOG | E O G Resources Inc | $125,802 | 0.05% | 1,198 | Common | SOLE |
| 04911A107 | AUB | Atlantic Union Bankshare | $124,538 | 0.05% | 3,528 | Common | SOLE |
| 947913109 | IVES | Dan Ives Wedbush AI Revolution ETF | $123,590 | 0.05% | 3,910 | Common | SOLE |
| 921909768 | VXUS | Vanguard Total International ETF | $123,559 | 0.05% | 1,638 | Common | SOLE |
| 26740W109 | QBTS | D-Wave Quantum Inc | $118,250 | 0.05% | 4,522 | Common | SOLE |
| 09173T108 | — | Bitcoin Investment Ord | $114,708 | 0.05% | 1,678 | Common | SOLE |
| 38141G104 | GS | Goldman Sachs Group Inc | $114,270 | 0.05% | 130 | Common | SOLE |
| 655844108 | NSC | Norfolk Southern Corp | $114,109 | 0.05% | 395 | Common | SOLE |
| 882508104 | TXN | Texas Instruments Inc | $110,860 | 0.05% | 639 | Common | SOLE |
| 15135B101 | CNC | Centene Corp | $109,377 | 0.05% | 2,658 | Common | SOLE |
| 921946406 | VYM | Vanguard High Dividend | $106,922 | 0.04% | 745 | Common | SOLE |
| 446150104 | HBAN | Huntington Bancshares | $106,850 | 0.04% | 6,158 | Common | SOLE |
| 747525103 | QCOM | Qualcomm Inc | $105,697 | 0.04% | 618 | Common | SOLE |
| 228227104 | — | Crown Castle Intl Corp | $104,511 | 0.04% | 1,176 | Common | SOLE |
| 09247X101 | BLKCHF | Blackrock Inc. | $103,823 | 0.04% | 97 | Common | SOLE |
| 14021D107 | CGBL | Capital Group Core | $101,583 | 0.04% | 2,875 | Common | SOLE |
| 808524706 | SCHE | Schwab Emerging Markets | $101,231 | 0.04% | 3,091 | Common | SOLE |
| 641069406 | NSRGY | Nestle S A Reg B Adr | $100,657 | 0.04% | 1,019 | Common | SOLE |
| 902973668 | USB 4.5 PERP O | U.S. Bancorp Preferred S | $100,243 | 0.04% | 5,520 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.