Managers / Q4 2025 · view latest →

Bear Mountain Capital, Inc.

CIK 0002009419 · 2001 6TH AVENUE, STE 2401, SEATTLE, WA, 98121 · 206-420-3713

Reported Value

$310M

Q4 2025

Positions

199

Filings on Record

2019–present window

Filed

Jan 22, 2026

original filing

Summary

Bear Mountain Capital, Inc. reported $310M in U.S.-listed holdings across 199 positions for Q4 2025.

Its largest position, VO, represents 15.2% of the portfolio.

Compared with Q3 2025, the fund opened 6 new positions and exited 130.

Portfolio Metrics

Turnover

+1.4%

vs prior filed quarter

Top-10 Concentration

+77.3%

share of reported value

Largest Position

+15.2%

Vanguard Mid Cap

New / Exited

6 / 130

positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value

Portfolio Composition

By security type

ETP · 96.4% · $299M
Common Stock · 3.4% · $11M
ADR · 0.1% · $336,035
REIT · 0.1% · $206,661
PUBLIC · 0.0% · $1,951

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
APLD APPLIED DIGITAL CORP COM NEW	NEW	+500	500	+$17,610	$17,610
UEC URANIUM ENERGY CORP COM	NEW	+900	900	+$15,723	$15,723
NXE NEXGEN ENERGY LTD COM	NEW	+700	700	+$8,204	$8,204
AVAV AEROVIRONMENT INC COM	NEW	+20	20	+$7,571	$7,571
LPTH LIGHTPATH TECHNOLOGIES INC COM CL A	NEW	+400	400	+$5,268	$5,268
ONDS ONDAS HOLDINGS INC COM NEW	NEW	+400	400	+$5,128	$5,128
NFLX NETFLIX COM INC	ADDED	+5.5K	6.1K	−$219,035	$534,464
ARE ALEXANDRIA REAL ESTATE EQ INC COM	ADDED	+21	25	+$1,132	$1,455

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

199 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VO VANGUARD MID CAP history →	ETF	15.22%	$47M	156.5K
2	VOO VANGUARD S&P 500 ETF history →	ETF	11.98%	$37M	58.3K
3	VEA VANGUARD FTSE DEVELOPED MARKETS ETF history →	ETF	8.53%	$26M	407.1K
4	SCZ ISHARES MSCI EAFE SMALL CAP ETF history →	ETF	8.45%	$26M	325.3K
5	MUB ISHARES AMT-FREE MUNI BOND ETF history →	ETF	7.77%	$24M	223.4K
6	VCSH VANGUARD SHORT-TERM CORPORATE BOND ETF history →	ETF	6.71%	$21M	260.7K
7	BND VANGUARD TOTAL BOND MARKET ETF history →	ETF	5.86%	$18M	244.1K
8	VWO VANGUARD FTSE EMERGING MARKETS ETF history →	ETF	5.75%	$18M	316.3K
9	VB VANGUARD SMALL CAP ETF history →	ETF	4.13%	$13M	46.4K
10	VNQ VANGUARD REAL ESTATE ETF history →	ETF	2.94%	$9M	99.5K
11	BNDX VANGUARD TOTAL INTERNATIONAL BOND ETF history →	ETF	2.36%	$7M	150.5K
12	IVV ISHARES CORE S&P 500 ETF history →	ETF	1.82%	$6M	8.1K
13	SUSA ISHARES ESG OPTIMIZED MSCI USA ETF history →	ETF	1.72%	$5M	37.5K
14	VTEB VANGUARD TAX-EXEMPT BOND ETF history →	ETF	1.68%	$5M	102.5K
15	VTI VANGUARD TOTAL STOCK MARKET ETF history →	ETF	1.49%	$5M	13.5K
16	SUSB ISHARES ESG AWARE 1-5 YEAR USD CORPORATE BOND ETF history →	ETF	1.22%	$4M	149.4K
17	EAGG ISHARES ESG AWARE US AGGREGATE BOND ETF history →	ETF	1.11%	$3M	71.7K
18	VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP ETF	ETF	1.10%	$3M	22.8K
19	AMZN AMAZON.COM INC history →	Stock	1.05%	$3M	13.7K
20	VSGX VANGUARD ESG INTERNATIONAL STOCK ETF history →	ETF	1.03%	$3M	42.6K
21	IWB ISHARES TR RUSSELL 1000 INDEX ETF history →	ETF	1.02%	$3M	8.3K
22	VNQI VANGUARD GLOBAL EX-U.S. REAL ESTATE ETF	ETF	0.76%	$2M	49.6K
23	ESGE ISHARES ESG AWARE MSCI EM ETF	ETF	0.69%	$2M	45.9K
24	NVDA NVIDIA CORPORATION COM	Stock	0.54%	$2M	9.0K
25	MSFT MICROSOFT	Stock	0.45%	$1M	3.0K
26	SPY SPDR S&P 500 ETF TRUST	ETF	0.43%	$1M	1.9K
27	IEFA ISHARES CORE MSCI EAFE ETF	ETF	0.42%	$1M	14.2K
28	MDY SPDR S&P MIDCAP 400 ETF TRUST	ETF	0.42%	$1M	2.0K
29	IAGG ISHARES CORE INTERNATIONAL AGGREGATE BOND ETF	ETF	0.38%	$1M	23.6K
30	EEM ISHARES MSCI EMERGING MARKETS ETF	ETF	0.38%	$1M	20.1K
31	IGSB ISHARES 1-3 YR CREDIT BOND ETF	ETF	0.35%	$1M	20.2K
32	COST COSTCO WHOLESALE CORP	Stock	0.31%	$958,200	1.0K
33	IWR ISHARES RUSSELL MIDCAP ETF	ETF	0.22%	$682,964	6.8K
34	NFLX NETFLIX COM INC	Stock	0.17%	$534,464	6.1K
35	AAPL APPLE INC	Stock	0.13%	$406,090	1.6K
36	BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW	Stock	0.11%	$332,519	675
37	IYR ISHARES US REAL ESTATE ETF	ETF	0.09%	$266,930	2.8K
38	NTES NETEASE INC SPONSORED ADS	ADR	0.08%	$241,978	1.8K
39	GOOG ALPHABET INC CAP STK CL C	Stock	0.08%	$233,089	700
40	CAT CATERPILLAR INC COM	Stock	0.06%	$192,860	298
41	PLTR PALANTIR TECHNOLOGIES INC CL A	Stock	0.05%	$156,274	883
42	IYF ISHARES U.S. FINANCIALS ETF	ETF	0.05%	$155,712	1.2K
43	RWX SPDR DOW JONES INTERNATIONAL REAL ESTATE ETF	ETF	0.04%	$138,659	4.8K
44	INTC INTEL CORP COM	Stock	0.03%	$107,754	2.2K
45	ADP AUTOMATIC DATA PROCESSING INC COM	Stock	0.03%	$104,017	400
46	TSLA TESLA INC COM	Stock	0.03%	$101,693	232
47	VEU VANGUARD FTSE ALL-WORLD EX-US INDEX FUND	ETF	0.03%	$95,145	1.2K
48	AMD ADVANCED MICRO DEVICES INC COM	Stock	0.03%	$91,168	400
49	BABA ALIBABA GROUP HLDG LTD SPONSORED ADS	ADR	0.03%	$80,087	469
50	BA BOEING CO COM	Stock	0.03%	$78,434	317
51	NUVEEN ESG EMERGING MARKETS EQUITY ETF	ETF	0.02%	$73,643	2.0K
52	BKNG BOOKING HOLDINGS INC COM	Stock	0.02%	$72,703	14
53	IJR ISHARES CORE S&P SMALL CAP ETF	ETF	0.02%	$68,789	533
54	META META PLATFORMS INC CL A	Stock	0.02%	$68,288	110
55	AVB AVALONBAY CMNTYS INC COM	REIT	0.02%	$66,715	369
56	QQQ POWERSHARES QQQ TR	ETF	0.02%	$64,043	103
57	VUG VANGUARD GROWTH ETF	ETF	0.02%	$62,641	129
58	JPM JPMORGAN CHASE & CO. COM	Stock	0.02%	$62,471	202
59	SBUX STARBUCKS CORP	Stock	0.02%	$62,293	668
60	IWF ISHARES RUSSELL 1000 GROWTH ETF	ETF	0.02%	$59,304	126
61	RTX RTX CORPORATION COM	Stock	0.02%	$58,950	295
62	VTV VANGUARD VALUE ETF	ETF	0.02%	$56,150	283
63	IWD ISHARES RUSSELL 1000 VALUE ETF	ETF	0.02%	$56,115	256
64	ESS ESSEX PPTY TR INC COM	REIT	0.02%	$56,028	221
65	EQR EQUITY RESIDENTIAL SH BEN INT	REIT	0.02%	$54,441	890
66	RIVN RIVIAN AUTOMOTIVE INC COM CL A	Stock	0.02%	$48,802	2.9K
67	GBTC GRAYSCALE BITCOIN TRUST ETF	ETF	0.02%	$47,559	640
68	GD GENERAL DYNAMICS CORP COM	Stock	0.01%	$44,980	122
69	SHY ISHARES 1-3 YEAR TREASURY BOND ETF	ETF	0.01%	$38,424	464
70	VOOG VANGUARD S&P 500 GROWTH ETF	ETF	0.01%	$37,384	84
71	IJK ISHARES S&P MIDCAP 400 GROWTH INDEX	ETF	0.01%	$35,953	347
72	IJJ ISHARES S&P MIDCAP 400 VALUE ETF	ETF	0.01%	$35,658	256
73	JNJ JOHNSON & JOHNSON COM	Stock	0.01%	$35,073	160
74	JPMORGAN NASDAQ EQUITY PREMIUM INCOME ETF	ETF	0.01%	$32,155	546
75	IWO ISHARES RUSSELL 2000 GROWTH ETF	ETF	0.01%	$31,687	91
76	AGG ISHARES AGGREGATE BOND ETF	ETF	0.01%	$31,216	311
77	VRT VERTIV HOLDINGS CO COM CL A	Stock	0.01%	$31,057	180
78	IWN ISHARES RUSSELL 2000 VALUE	ETF	0.01%	$30,689	157
79	CCJ CAMECO CORP COM	Stock	0.01%	$28,210	250
80	OKLO OKLO INC COM CL A	Stock	0.01%	$27,435	300
81	MA MASTERCARD INCORPORATED CL A	Stock	0.01%	$27,133	50
82	CVX CHEVRON CORP NEW COM	Stock	0.01%	$24,603	148
83	ABBV ABBVIE INC COM	Stock	0.01%	$24,454	113
84	IVT INLAND AMERICAN REIT	REIT	0.01%	$24,005	837
85	BOX BOX INC CL A	Stock	0.01%	$23,036	867
86	VTWV VANGUARD RUSSELL 2000 VALUE ETF	ETF	0.01%	$21,639	126
87	HDV ISHARES CORE HIGH DIVIDEND ETF	ETF	0.01%	$19,667	155
88	KTOS KRATOS DEFENSE & SEC SOLUTIONS COM NEW	Stock	0.01%	$18,684	150
89	WMT WALMART INC COM	Stock	0.01%	$18,055	151
90	APLD APPLIED DIGITAL CORP COM NEW	Stock	0.01%	$17,610	500
91	UEC URANIUM ENERGY CORP COM	Stock	0.01%	$15,723	900
92	EA ELECTRONIC ARTS INC COM	Stock	0.01%	$15,515	76
93	SDY STATE STREET SPDR S&P DIVIDEND ETF	ETF	0.00%	$15,059	103
94	KR KROGER CO COM	Stock	0.00%	$13,998	224
95	QQQM INVESCO NASDAQ 100 ETF	ETF	0.00%	$13,199	52
96	MCD MCDONALDS CORP COM	Stock	0.00%	$12,345	40
97	TRMB TRIMBLE INC COM	Stock	0.00%	$12,126	154
98	SMR NUSCALE PWR CORP CL A COM	Stock	0.00%	$11,340	600
99	TEM TEMPUS AI INC CL A	Stock	0.00%	$10,920	158
100	ALK ALASKA AIR GROUP INC COM	Stock	0.00%	$10,029	202

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$333M	198	May 12, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$310M	199	Jan 22, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$299M	323	Nov 12, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$279M	182	Jul 23, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$259M	344	May 2, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$257M	176	Feb 3, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$253M	175	Oct 29, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$246M	182	Jul 23, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$232M	224	Apr 25, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$238M	235	Jan 30, 2024	13F-HR	changes · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.