Institutional Manager · CIK 0001667102

Whitegate Investment Counselors, Inc.

CONCORD, NH · File #028-17427

Latest AUM

$320.0M

Positions

Top-10 Concentration

60.8%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	Jpmorgan Core Plus Bond	46641Q670	+107,820	+$5.1M	-$8,097
ADD	Vanguard Mid Cap	922908629	+7,232	+$2.1M	-$107,183
ADD	Vanguard FTSE Developed Mkts	921943858	+31,715	+$2.0M	+$644,268
ADD	JPMorgan Ultra Short Muni Inco	46641Q654	+35,565	+$1.8M	-$14,520
ADD	Vanguard Value	922908744	+8,425	+$1.6M	+$371,393
EXITED	iShares Core US Aggregate	464287226	-5,848	-$586,255	$0
ADD	Vanguard Sh-Term Inf	922020805	+11,637	+$575,567	-$196,173
ADD	Vanguard Reit	922908553	+6,346	+$561,560	-$129,622
ADD	Vanguard Mid Cap Value	922908512	+2,886	+$511,896	+$71,910
ADD	Netflix Inc	NFLX	+5,400	+$506,304	-$663,096

Sector Allocation

Technology

0.5%$1.7M

Financials

0.3%$837,627

Healthcare

0.2%$715,855

Communication Services

0.2%$562,560

Real Estate

0.2%$555,530

Consumer Discretionary

0.2%$553,968

Industrials

0.1%$417,228

Energy

0.1%$265,388

Consumer Staples

0.0%$54,693

Filing History

Feb 10, 202613F HOLDINGS REPORTQ/E Dec 202568 pos · $320.0M
Oct 23, 202513F HOLDINGS REPORTQ/E Sep 202566 pos · $303.8M
Aug 8, 202513F HOLDINGS REPORTQ/E Jun 202568 pos · $294.5M
Apr 28, 202513F HOLDINGS REPORTQ/E Mar 202566 pos · $281.8M
Feb 10, 202513F HOLDINGS REPORTQ/E Dec 202466 pos · $291.7M
Nov 4, 202413F HOLDINGS REPORTQ/E Sep 202466 pos · $376.9M
Jul 30, 202413F HOLDINGS REPORTQ/E Jun 202465 pos · $352.3M
May 2, 202413F HOLDINGS REPORTQ/E Mar 202462 pos · $355.0M
Nov 3, 202313F HOLDINGS REPORTQ/E Dec 202360 pos · $298.7M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	Berkshire Hathaway Cl B	BRK-A	69,625	$35.0M	11.06%
2	Vanguard Growth	922908736	49,730	$24.3M	7.67%
3	iShares Tr Russell 1000 Growth	464287614	47,228	$22.4M	7.07%
4	Vanguard Small Cap	922908751	80,010	$20.6M	6.52%
5	Vanguard Div Appreciation	921908844	88,363	$19.4M	6.14%
6	Vanguard FTSE Developed Mkts	921943858	284,384	$17.8M	5.62%
7	Vanguard Value	922908744	90,975	$17.4M	5.49%
8	Schwab US Div Equity Etf	808524797	503,228	$13.8M	4.36%
9	Vanguard Mid Cap	922908629	37,721	$10.9M	3.46%
10	iShares Russell Midcap Growth	464287481	79,015	$10.8M	3.42%
11	Vanguard Corp Bond Short Term	92206C409	116,868	$9.3M	2.95%
12	JPMorgan Ultra Short Muni Inco	46641Q654	180,770	$9.2M	2.91%
13	Vanguard Sh-Term Inf	922020805	179,299	$8.9M	2.80%
14	iShares Tr Msci Eafe Fd	464287465	89,813	$8.6M	2.73%
15	Spdr SandP Dividend Etf	78464A763	53,028	$7.4M	2.33%
16	Jpmorgan Core Plus Bond	46641Q670	148,394	$7.0M	2.22%
17	Vanguard Small Cap Value	922908611	32,743	$6.9M	2.19%
18	Vanguard Mid Cap Value	922908512	28,648	$5.1M	1.61%
19	iShares New York Muni	464288323	91,590	$4.9M	1.55%
20	iShares Russell Midcap	464287499	49,759	$4.8M	1.51%