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Garde Capital, Inc. — 13F Holdings & Portfolio

CIK 1616328 · latest 13F-HR filed 2026-07-31

Backtest portfolio

Garde Capital, Inc. manages $2.23B in 13F-reported U.S. long-equity assets across 252 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VTV (10.64%), VUG (10.13%), VV (6.64%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 30 new positions and exited 4; 127 existing positions rose in reported value and 36 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$2.23B

Long-equity book

Holdings
252

Distinct positions

Period
2026-06-30

Filed 2026-07-31

Q/Q Activity
+30 / −4 / ↑127 / ↓36

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
VTV10.7% · +1%VUG10.3% · +505%VV6.6% · -0%BND5.9% · newVTI4.3% · -0%VGK4.2% · +4%VPL3.2% · -1%IEF2.7% · +5%VTIP2.6% · +5%MSFT2.4% · +2%VB2.3% · -0%VMBS2.1% · newVTEB2.1% · newSCHP1.7% · newVNQ1.7% · +2%VOO1.6% · -8%MUB1.6% · newVEA1.6% · -2%SCHG1.5% · +10%VWO1.4% · +2%ESGV1.4% · -1%AAPL1.4% · +0%AMZN1.2% · +1%QQQ1.2% · +5%IUSV1.1% · -2%AGG0.9% · newSCHV0.9% · -1%IEUR0.9% · -0%VBIL0.9% · -17%GOOGL0.8% · +1%SCHF0.8% · -2%GOOG0.8% · +4%VBK0.7% · -1%SPY0.6% · +64%VIG0.6% · -6%VGIT0.5% · +4%VOOV0.5% · +95%IPAC0.5% · -1%EAGG0.4% · newVSGX0.4% · -4%SCHE0.4% · -2%NVDA0.4% · +0%VBR0.4% · -30%META0.4% · +31%IWF0.4% · +299%IJR0.3% · -2%IWB0.3% · -0%SCHA0.3% · -1%CMF0.3% · -1%VGSH0.3% · newZ0.3% · -21%TSLA0.3% · +8%ICF0.3% · +1%CAT0.3% · +0%IUSG0.2% · -2%BRK.B0.2% · +0%SUSA0.2% · -0%ESGD0.2% · +1%TSM0.2% · -0%IAU0.2% · +0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 53%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 25, 2026.

Assets Under Management
$2.65B
Discretionary
$2.64B
Employees
18
Accounts
512
Address
1301 FIFTH AVENUE
SUITE 3030
SEATTLE, WA 98101
Phone
(206) 552-7900
Website
Name Title / Status Ownership Type
LIPPENS, JEFFERY, LEE ControlPRESIDENT & TREASURER
since Sep 2009
25–50%Individual
MCREAL, MARSHAL, KERRY ControlVICE PRESIDENT
since Jul 2009
25–50%Individual
OWENS, THOMAS, REESE ControlPRINCIPAL
since Sep 2009
10–25%Individual
SEVERS, RICHARD, SCOTT ControlCHIEF COMPLIANCE OFFICER
since Sep 2009
10–25%Individual
Ownership & leadership changes · 4 filings with changes since Mar 12, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 5, 2025 filing
  • ChangedMCREAL, MARSHAL, KERRY · ownership 10–25% → 25–50%
Mar 28, 2019 filing
  • ChangedMCREAL, MARSHAL, KERRY · title PRINCIPAL → VICE PRESIDENT
  • ChangedOWENS, THOMAS, REESE · title VICE PRESIDENT → PRINCIPAL
Mar 26, 2018 filing
  • ChangedOWENS, THOMAS, REESE · ownership 25–50% → 10–25%
Mar 29, 2017 filing
  • AddedMCREAL, MARSHAL, KERRY · PRINCIPAL · 10–25% · control person
Mar 12, 2012 filing (earliest on record)
  • ListedLIPPENS, JEFFERY, LEE · PRESIDENT & TREASURER · 25–50% · control person
  • ListedOWENS, THOMAS, REESE · VICE PRESIDENT · 25–50% · control person
  • ListedSEVERS, RICHARD, SCOTT · CHIEF COMPLIANCE OFFICER · 10–25% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Garde Capital, Inc. Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD INDEX FDS VTV 922908744 $237.4M 10.64% 1,089,187 SH
2 VANGUARD INDEX FDS VUG 922908736 $226.0M 10.13% 2,623,586 SH
3 VANGUARD INDEX FDS VV 922908637 $148.2M 6.64% 430,875 SH
4 VANGUARD BD INDEX FDS BND 921937835 $132.7M 5.95% 1,807,800 SH
5 VANGUARD INDEX FDS VTI 922908769 $95.2M 4.26% 257,161 SH
6 VANGUARD INTL EQUITY INDEX F VGK 922042874 $91.4M 4.10% 1,032,343 SH
7 VANGUARD INTL EQUITY INDEX F VPL 922042866 $71.1M 3.18% 614,167 SH
8 ISHARES TR IEF 464287440 $60.5M 2.71% 640,024 SH
9 VANGUARD MALVERN FDS VTIP 922020805 $58.1M 2.60% 1,156,378 SH
10 MICROSOFT CORP MSFT 594918104 $52.1M 2.33% 139,663 SH
11 VANGUARD INDEX FDS VB 922908751 $50.2M 2.25% 165,588 SH
12 VANGUARD SCOTTSDALE FDS VMBS 92206C771 $47.8M 2.14% 1,020,835 SH
13 VANGUARD MUN BD FDS VTEB 922907746 $44.6M 2.00% 880,916 SH
14 SCHWAB STRATEGIC TR SCHP 808524870 $39.0M 1.75% 1,471,972 SH
15 VANGUARD INDEX FDS VNQ 922908553 $36.9M 1.65% 382,197 SH
16 VANGUARD INDEX FDS VOO 922908363 $35.8M 1.60% 52,059 SH
17 ISHARES TR MUB 464288414 $35.5M 1.59% 330,129 SH
18 VANGUARD TAX-MANAGED FDS VEA 921943858 $34.6M 1.55% 486,096 SH
19 SCHWAB STRATEGIC TR SCHG 808524300 $33.7M 1.51% 994,564 SH
20 VANGUARD INTL EQUITY INDEX F VWO 922042858 $31.6M 1.41% 528,662 SH
21 VANGUARD WORLD FD ESGV 921910733 $31.1M 1.39% 234,927 SH
22 APPLE INC AAPL 037833100 $29.8M 1.34% 103,002 SH
23 AMAZON COM INC AMZN 023135106 $25.9M 1.16% 108,781 SH
24 ISHARES TR IUSV 464287663 $25.6M 1.15% 232,407 SH
25 INVESCO QQQ TR QQQ 46090E103 $24.6M 1.10% 33,451 SH
26 ISHARES TR AGG 464287226 $20.6M 0.92% 208,346 SH
27 SCHWAB STRATEGIC TR SCHV 808524409 $20.3M 0.91% 582,638 SH
28 ISHARES TR IEUR 46434V738 $19.7M 0.88% 262,598 SH
29 VANGUARD INSTL INDEX FD VBIL 922040845 $19.1M 0.86% 252,241 SH
30 ALPHABET INC GOOGL 02079K305 $18.9M 0.85% 52,896 SH
31 SCHWAB STRATEGIC TR SCHF 808524805 $18.8M 0.84% 677,996 SH
32 ALPHABET INC GOOG 02079K107 $17.9M 0.80% 50,758 SH
33 VANGUARD INDEX FDS VBK 922908595 $14.7M 0.66% 40,289 SH
34 VANGUARD SPECIALIZED FUNDS VIG 921908844 $13.6M 0.61% 57,369 SH
35 VANGUARD SCOTTSDALE FDS VGIT 92206C706 $12.1M 0.54% 205,494 SH
36 ISHARES TR IPAC 46434V696 $11.4M 0.51% 138,788 SH
37 ISHARES TR EAGG 46435U549 $9.9M 0.45% 209,602 SH
38 VANGUARD WORLD FD VSGX 921910725 $9.9M 0.44% 120,137 SH
39 SCHWAB STRATEGIC TR SCHE 808524706 $9.9M 0.44% 271,769 SH
40 VANGUARD INDEX FDS VBR 922908611 $9.7M 0.43% 39,800 SH
41 NVIDIA CORPORATION NVDA 67066G104 $9.5M 0.43% 47,443 SH
42 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $8.1M 0.36% 10,795 SH
43 ISHARES TR IWF 464287614 $7.9M 0.36% 63,908 SH
44 ISHARES TR IJR 464287804 $7.3M 0.33% 49,016 SH
45 ISHARES TR IWB 464287622 $7.1M 0.32% 17,363 SH
46 SCHWAB STRATEGIC TR SCHA 808524607 $6.9M 0.31% 191,298 SH
47 ISHARES TR CMF 464288356 $6.7M 0.30% 116,793 SH
48 META PLATFORMS INC META 30303M102 $6.7M 0.30% 11,817 SH
49 VANGUARD SCOTTSDALE FDS VGSH 92206C102 $6.6M 0.29% 112,570 SH
50 ZILLOW GROUP INC Z 98954M200 $6.5M 0.29% 206,709 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-31 $2.23B 252 0001616328-26-000003
2026-03-31 2026-04-29 $1.67B 203 0001616328-26-000002
2025-12-31 2026-02-10 $1.69B 217 0001616328-26-000001
Filer Information
Address
1301 5TH AVENUE
STE 3030
SEATTLE, WA 98101
Phone
(206) 552-7903
Filing Manager
Garde Capital, Inc.
SEATTLE, WA
Signatory
Scott Severs
CCO