Q3 2025 · 13F-HR
BRASADA CAPITAL MANAGEMENT, LPholdings as filed
Filed 2025-11-14 · accession 0001420506-25-003331
$593.4M
Reported value
143
Positions
2025-09-30
Period end
The Brief · BRASADA CAPITAL MANAGEMENT, LP · Q3 2025
AI · grounded in 13F
Brasada Capital Management, LP established a new position in MSFT valued at $32.6M. The fund also initiated new stakes in BIL for $31.1M and GOOGL for $25.2M. Other new additions include WCN at $19.2M and IDXX at $19.2M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 594918104 | MSFT | MICROSOFT CORP | $32.6M | 5.50% | 63,244 | Common | SOLE |
| 78468R663 | BIL | SPDR SERIES TRUST | $31.1M | 5.24% | 339,682 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $25.2M | 4.25% | 102,691 | Common | SOLE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $19.2M | 3.24% | 111,177 | Common | SOLE |
| 45168D104 | IDXX | IDEXX LABS INC | $19.2M | 3.24% | 30,285 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $18.6M | 3.13% | 153,305 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $17.9M | 3.01% | 80,378 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $16.6M | 2.80% | 18,114 | Common | SOLE |
| 422806208 | HEI/A | HEICO CORP NEW | $13.5M | 2.27% | 53,737 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $12.6M | 2.12% | 208,446 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $12.1M | 2.04% | 20,952 | Common | SOLE |
| 615369105 | MCO | MOODYS CORP | $11.7M | 1.97% | 24,221 | Common | SOLE |
| 893641100 | TDG | TRANSDIGM GROUP INC | $9.7M | 1.63% | 7,542 | Common | SOLE |
| 125896100 | CMS | CMS ENERGY CORP | $9.3M | 1.57% | 129,801 | Common | NONE |
| 217204106 | CPRT | COPART INC | $9.1M | 1.53% | 203,671 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $8.5M | 1.43% | 111,960 | Common | SOLE |
| 101137107 | BSX | BOSTON SCIENTIFIC CORP | $8.4M | 1.42% | 87,496 | Common | SOLE |
| 278865100 | ECL | ECOLAB INC | $8.4M | 1.42% | 30,643 | Common | NONE |
| 92826C839 | V | VISA INC | $8.4M | 1.41% | 24,247 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $8.2M | 1.38% | 17,184 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $8.0M | 1.35% | 38,156 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $7.8M | 1.31% | 80,566 | Common | SOLE |
| 955306105 | WST | WEST PHARMACEUTICAL SVSC INC | $7.7M | 1.29% | 28,111 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $7.6M | 1.27% | 15,241 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $7.3M | 1.23% | 8,004 | Common | SOLE |
| 443201108 | HWM | HOWMET AEROSPACE INC | $7.1M | 1.20% | 37,233 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $7.1M | 1.19% | 37,438 | Common | SOLE |
| 95040Q104 | WELL | WELLTOWER INC | $6.9M | 1.17% | 39,508 | Common | NONE |
| 929160109 | VMC | VULCAN MATLS CO | $6.2M | 1.04% | 20,377 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $6.1M | 1.03% | 16,306 | Common | SOLE |
| 620076307 | MSI | MOTOROLA SOLUTIONS INC | $5.7M | 0.97% | 12,833 | Common | SOLE |
| 155123102 | CET | CENTRAL SECS CORP | $5.7M | 0.95% | 110,280 | Common | SOLE |
| 863667101 | SYK | STRYKER CORPORATION | $5.6M | 0.94% | 15,196 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $5.5M | 0.93% | 33,221 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $5.4M | 0.91% | 15,336 | Common | SOLE |
| 829073105 | SSD | SIMPSON MFG INC | $5.4M | 0.91% | 31,868 | Common | SOLE |
| 617446448 | MS | MORGAN STANLEY | $5.3M | 0.89% | 33,992 | Common | SOLE |
| M2197Q107 | CLBT | CELLEBRITE DI LTD | $5.2M | 0.88% | 277,385 | Common | SOLE |
| 30225T102 | EXR | EXTRA SPACE STORAGE INC | $5.1M | 0.86% | 35,904 | Common | SOLE |
| 538034109 | LYV | LIVE NATION ENTERTAINMENT IN | $5.0M | 0.85% | 32,166 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $5.0M | 0.84% | 6,877 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $5.0M | 0.84% | 17,235 | Common | SOLE |
| 595017104 | MCHP | MICROCHIP TECHNOLOGY INC. | $4.8M | 0.80% | 72,652 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $4.7M | 0.79% | 15,153 | Common | SOLE |
| 87318A101 | TWFG | TWFG INC | $4.7M | 0.78% | 169,416 | Common | SOLE |
| 83444M101 | SOLV | SOLVENTUM CORP | $4.6M | 0.78% | 62,245 | Common | SOLE |
| 761152107 | RMD | RESMED INC | $4.6M | 0.77% | 16,479 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $4.5M | 0.75% | 19,202 | Common | SOLE |
| 00162Q676 | ENFR | ALPS ETF TR | $4.4M | 0.74% | 136,260 | Common | SOLE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $4.4M | 0.74% | 16,873 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $4.1M | 0.69% | 7,826 | Common | SOLE |
| 363576109 | AJG | GALLAGHER ARTHUR J & CO | $4.1M | 0.69% | 13,302 | Common | SOLE |
| 461202103 | INTU | INTUIT | $4.0M | 0.68% | 5,927 | Common | SOLE |
| 78462F953 | SPY | SPDR S&P 500 ETF TR | $4.0M | 0.67% | 6,000 | PUT | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $3.9M | 0.65% | 10,676 | Common | SOLE |
| 902252105 | TYL | TYLER TECHNOLOGIES INC | $3.8M | 0.65% | 7,701 | Common | SOLE |
| G3730V105 | FTAI | FTAI AVIATION LTD | $3.8M | 0.64% | 21,950 | Common | NONE |
| 36168Q104 | GFL | GFL ENVIRONMENTAL INC | $3.7M | 0.62% | 78,475 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $3.2M | 0.55% | 38,618 | Common | SOLE |
| 14448C104 | CARR | CARRIER GLOBAL CORPORATION | $3.1M | 0.52% | 52,126 | Common | SOLE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $3.0M | 0.50% | 15,552 | Common | NONE |
| 464286608 | EZU | ISHARES INC | $2.6M | 0.44% | 41,200 | Common | NONE |
| 74349Y753 | SH | PROSHARES TR | $2.5M | 0.42% | 68,415 | Common | SOLE |
| 88162G103 | TTEK | TETRA TECH INC NEW | $2.5M | 0.42% | 73,660 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $2.3M | 0.39% | 4,943 | Common | NONE |
| 69351T106 | PPL | PPL CORP | $2.2M | 0.37% | 59,500 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $2.1M | 0.35% | 8,166 | Common | NONE |
| 464287242 | LQD | ISHARES TR | $2.0M | 0.34% | 18,323 | Common | SOLE |
| 16115Q308 | GTLS | CHART INDS INC | $2.0M | 0.34% | 10,000 | Common | NONE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $1.9M | 0.32% | 355 | Common | SOLE |
| 294429105 | EFX | EQUIFAX INC | $1.8M | 0.31% | 7,946 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $1.8M | 0.31% | 7,401 | Common | SOLE |
| 12510Q100 | CCC | CCC INTELLIGENT SOLUTIONS HL | $1.7M | 0.28% | 182,068 | Common | SOLE |
| 464288414 | MUB | ISHARES TR | $1.7M | 0.28% | 15,624 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $1.7M | 0.28% | 7,238 | Common | SOLE |
| 46138G888 | TBLL | INVESCO EXCH TRADED FD TR II | $1.5M | 0.25% | 13,907 | Common | SOLE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $1.4M | 0.24% | 4,931 | Common | SOLE |
| 33737J505 | FEUZ | FIRST TR EXCH TRD ALPHDX FD | $1.4M | 0.24% | 23,600 | Common | NONE |
| 09290D101 | BLK | BLACKROCK INC | $1.3M | 0.22% | 1,113 | Common | SOLE |
| 526057904 | LEN | LENNAR CORP | $1.3M | 0.21% | 10,000 | CALL | SOLE |
| 464287309 | IVW | ISHARES TR | $1.2M | 0.20% | 9,979 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $1.2M | 0.20% | 3,572 | Common | SOLE |
| 92276F100 | VTR | VENTAS INC | $1.2M | 0.20% | 17,058 | Common | SOLE |
| 23345M107 | DTM | DT MIDSTREAM INC | $1.2M | 0.19% | 10,151 | Common | SOLE |
| 76169C100 | REXR | REXFORD INDL RLTY INC | $1.1M | 0.19% | 27,631 | Common | SOLE |
| 56035L104 | MAIN | MAIN STR CAP CORP | $1.1M | 0.18% | 17,000 | Common | SOLE |
| 74762E102 | QURE | QUANTA SVCS INC | $1.1M | 0.18% | 2,570 | Common | NONE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $1.1M | 0.18% | 38,000 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $1.0M | 0.17% | 1,300 | Common | SOLE |
| 87612G101 | TRGP | TARGA RES CORP | $1.0M | 0.17% | 6,300 | Common | NONE |
| 464287499 | IWR | ISHARES TR | $1.0M | 0.17% | 10,419 | Common | SOLE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $977,250 | 0.16% | 12,500 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $960,246 | 0.16% | 2,100 | Common | SOLE |
| 46641Q332 | JEPI | J P MORGAN EXCHANGE TRADED F | $949,054 | 0.16% | 16,694 | Common | SOLE |
| 701094104 | PH | PARKER-HANNIFIN CORP | $947,688 | 0.16% | 1,250 | Common | SOLE |
| 46434V621 | DGRO | ISHARES TR | $903,096 | 0.15% | 13,238 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $860,949 | 0.15% | 4,050 | Common | SOLE |
| 72201R775 | BOND | PIMCO ETF TR | $851,920 | 0.14% | 9,130 | Common | SOLE |
| 98978V103 | ZTS | ZOETIS INC | $849,642 | 0.14% | 5,800 | Common | NONE |
| 907818108 | UNP | UNION PAC CORP | $847,086 | 0.14% | 3,612 | Common | SOLE |
| 888787108 | TOST | TOAST INC | $840,564 | 0.14% | 23,265 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $839,964 | 0.14% | 2,801 | Common | SOLE |
| 34354P105 | FLS | FLOWSERVE CORP | $797,100 | 0.13% | 15,000 | Common | SOLE |
| 464287226 | AGG | ISHARES TR | $791,790 | 0.13% | 7,895 | Common | SOLE |
| 464288356 | CMF | ISHARES TR | $773,767 | 0.13% | 13,582 | Common | SOLE |
| 66987E206 | NG | NOVAGOLD RES INC | $772,000 | 0.13% | 80,000 | Common | NONE |
| 097023105 | BA | BOEING CO | $769,050 | 0.13% | 3,537 | Common | NONE |
| 46429B267 | GOVT | ISHARES TR | $764,486 | 0.13% | 33,066 | Common | SOLE |
| 808524797 | SCHD | SCHWAB STRATEGIC TR | $753,271 | 0.13% | 27,552 | Common | SOLE |
| 609027107 | MCRI | MONARCH CASINO & RESORT INC | $738,990 | 0.12% | 7,000 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $725,570 | 0.12% | 18,500 | Common | SOLE |
| Y2106R110 | LPG | DORIAN LPG LTD | $720,000 | 0.12% | 25,000 | Common | NONE |
| 46436E502 | TECB | ISHARES TR | $706,926 | 0.12% | 11,530 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $680,591 | 0.11% | 1,124 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $678,920 | 0.11% | 4,000 | Common | NONE |
| 015271109 | ARE | ALEXANDRIA REAL ESTATE EQ IN | $677,803 | 0.11% | 8,098 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $670,670 | 0.11% | 13,000 | Common | SOLE |
| 133131102 | CPT | CAMDEN PPTY TR | $657,846 | 0.11% | 6,300 | Common | NONE |
| 537008104 | LFUS | LITTELFUSE INC | $647,525 | 0.11% | 2,500 | Common | SOLE |
| 526057104 | LEN | LENNAR CORP | $630,200 | 0.11% | 5,000 | Common | SOLE |
| 830830105 | SKY | CHAMPION HOMES INC | $610,960 | 0.10% | 8,000 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $592,008 | 0.10% | 8,490 | Common | SOLE |
| 03676B102 | AM | ANTERO MIDSTREAM CORP | $577,200 | 0.10% | 30,000 | Common | NONE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $575,938 | 0.10% | 4,750 | Common | SOLE |
| G5960L103 | MDT | MEDTRONIC PLC | $571,440 | 0.10% | 6,000 | Common | SOLE |
| 866674104 | SUI | SUN CMNTYS INC | $561,088 | 0.09% | 4,360 | Common | SOLE |
| 682680103 | OKE | ONEOK INC NEW | $557,584 | 0.09% | 7,694 | Common | NONE |
| 44267T102 | HHH | HOWARD HUGHES HOLDINGS INC | $505,860 | 0.09% | 6,000 | Common | NONE |
| 686688102 | ORA | ORMAT TECHNOLOGIES INC | $499,650 | 0.08% | 5,000 | Common | NONE |
| 165303108 | CPK | CHESAPEAKE UTILS CORP | $497,206 | 0.08% | 3,700 | Common | NONE |
| G66721104 | NCLH | NORWEGIAN CRUISE LINE HLDG L | $492,600 | 0.08% | 20,000 | Common | SOLE |
| 535219109 | LIND | LINDBLAD EXPEDITIONS HLDGS I | $434,350 | 0.07% | 35,000 | Common | NONE |
| 11285B108 | BEPC | BROOKFIELD RENEWABLE CORP | $371,488 | 0.06% | 10,400 | Common | NONE |
| 72651A207 | PAGP | PLAINS GP HLDGS L P | $364,200 | 0.06% | 20,000 | Common | NONE |
| 46641Q852 | JPIB | J P MORGAN EXCHANGE TRADED F | $346,283 | 0.06% | 7,080 | Common | SOLE |
| 92203C303 | VUSB | VANGUARD BD INDEX FDS | $335,324 | 0.06% | 6,728 | Common | SOLE |
| G3R239101 | GAMB | GAMBLING COM GROUP LIMITED | $328,452 | 0.06% | 40,400 | Common | NONE |
| 512816109 | LAMR | LAMAR ADVERTISING CO NEW | $313,617 | 0.05% | 2,570 | Common | NONE |
| 88160R101 | TSLA | TESLA INC | $279,476 | 0.05% | 641 | Common | SOLE |
| 11133T103 | BR | BROADRIDGE FINL SOLUTIONS IN | $264,070 | 0.04% | 1,130 | Common | NONE |
| 29414B104 | EPAM | EPAM SYS INC | $229,155 | 0.04% | 1,500 | Common | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $228,485 | 0.04% | 644 | Common | SOLE |
| 477143101 | JBLU | JETBLUE AWYS CORP | $65,800 | 0.01% | 14,000 | Common | NONE |
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.