Institutional Manager · CIK 0002017259

Columbia Bank

Lake Oswego, OR · File #028-24132

Latest AUM

$360.0M

Positions

281

Top-10 Concentration

53.6%

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	NETFLIX INC	NFLX	+15,501	+$1.5M	-$1.9M
REDUCE	ALPHABET INC	GOOG	-4,614	-$1.4M	+$3.0M
REDUCE	NVIDIA CORPORATION	NVDA	-6,693	-$1.2M	+$502,852
REDUCE	APPLE INC	AAPL	-3,848	-$1.0M	+$1.4M
REDUCE	LAM RESEARCH CORP	LRCX	-5,247	-$898,181	+$1.2M
REDUCE	ISHARES TR	464287200	-1,303	-$892,477	+$299,680
ADD	ISHARES TR	464288661	+6,433	+$767,779	-$77,765
ADD	ISHARES TR	464288356	+11,125	+$639,243	+$8,364
ADD	J P MORGAN EXCHANGE TRADED F	46641Q332	+9,599	+$549,447	+$8,479
ADD	APOLLO GLOBAL MGMT INC	03769M106	+3,452	+$499,711	+$580

Sector Allocation

Technology

21.1%$75.9M

Healthcare

7.3%$26.5M

Industrials

6.1%$22.1M

Consumer Discretionary

4.7%$17.0M

Financials

3.3%$11.7M

Energy

2.1%$7.8M

Communication Services

2.0%$7.2M

Consumer Staples

1.3%$4.5M

Utilities

0.1%$544,489

Materials

0.1%$320,022

Filing History

Feb 13, 202613F HOLDINGS REPORTQ/E Dec 2025281 pos · $360.0M
Nov 6, 202513F HOLDINGS REPORTQ/E Sep 2025283 pos · $357.7M
Aug 12, 202513F HOLDINGS REPORTQ/E Jun 2025290 pos · $328.3M
May 13, 202513F HOLDINGS REPORTQ/E Mar 2025278 pos · $289.2M
Feb 11, 202513F HOLDINGS REPORTQ/E Dec 2024277 pos · $289.1M
Oct 30, 202413F HOLDINGS REPORTQ/E Sep 2024276 pos · $273.3M
Aug 6, 202413F HOLDINGS REPORTQ/E Jun 2024270 pos · $258.4M
May 13, 202413F HOLDINGS REPORTQ/E Mar 2024260 pos · $243.8M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	MICROSOFT CORP	MSFT	40,551	$19.6M	7.21%
2	ISHARES INC	46434G764	227,687	$16.5M	6.08%
3	ISHARES TR	464288661	133,915	$16.0M	5.88%
4	ISHARES INC	46434G103	236,249	$15.9M	5.84%
5	APPLE INC	AAPL	57,539	$15.6M	5.75%
6	ISHARES TR	46432F842	155,157	$13.9M	5.10%
7	ALPHABET INC	GOOG	44,307	$13.9M	5.10%
8	NVIDIA CORPORATION	NVDA	68,697	$12.8M	4.71%
9	ISHARES TR	464287200	16,685	$11.4M	4.20%
10	AMAZON COM INC	AMZN	43,589	$10.1M	3.70%
11	JPMORGAN CHASE & CO.	VYLD	21,821	$7.0M	2.59%
12	LAM RESEARCH CORP	LRCX	38,855	$6.7M	2.45%
13	ISHARES TR	464287226	52,131	$5.2M	1.91%
14	ELI LILLY & CO	LLY	4,814	$5.2M	1.90%
15	ISHARES TR	464288356	80,826	$4.6M	1.71%
16	ISHARES TR	464288570	34,840	$4.5M	1.65%
17	PARKER-HANNIFIN CORP	PH	4,763	$4.2M	1.54%
18	BANK AMERICA CORP	060505104	71,725	$3.9M	1.45%
19	BLACKROCK INC	BLK	3,634	$3.9M	1.43%
20	JOHNSON & JOHNSON	JNJ	18,348	$3.8M	1.40%