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Canopy Partners, LLC — 13F Holdings & Portfolio

CIK 1960860 · latest 13F-HR filed 2026-10-28

Backtest portfolio

Canopy Partners, LLC manages $345.8M in 13F-reported U.S. long-equity assets across 236 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are AAPL (5.30%), VTI (4.24%), MSFT (3.96%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 19 new positions and exited 39; 81 existing positions rose in reported value and 70 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
$345.8M

Long-equity book

Holdings
236

Distinct positions

Period
2026-09-30

Filed 2026-10-28

Q/Q Activity
+19 / −39 / ↑81 / ↓70

vs 2026-06-30

Portfolio charts

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

Portfolio map

Q3 26
AAPL5.3% · +2%VTI4.2% · -2%MSFT4.0% · +4%SPY3.9% · -0%DFAU3.9% · +2%NVDA3.8% · +4%GOOGL3.5% · +2%IEFA3.3% · -0%MDY2.8% · -2%AMZN2.7% · +0%DFAX2.1% · +3%IEMG1.7% · +1%BX1.7% · newMETA1.6% · +2%IWR1.6% · -1%JPM1.3% · -4%IJR1.3% · 0%TSM1.3% · -5%ADP1.3% · +114%AVGO1.2% · +2%GOOG1.1% · -1%JNJ1.0% · +2%DFCF1.0% · +9%WMT0.9% · -0%V0.9% · +1%CAT0.8% · +2%MA0.8% · +4%MU0.8% · +8%SCZ0.8% · 0%COST0.7% · +6%BRK.B0.6% · +4%TSLA0.6% · +4%LLY0.6% · -0%MRK0.6% · +4%AMD0.6% · +5%AXP0.6% · +2%CSCO0.5% · +4%ETN0.5% · +22%BAC0.5% · -1%AMGN0.5% · -6%MPC0.5% · -30%IVV0.5% · -0%IVW0.5% · -1%BLK0.5% · +4%IXUS0.5% · +3%KR0.5% · -0%PNC0.5% · -0%ASML0.4% · -2%NOW0.4% · +11%CVX0.4% · +5%SCHW0.4% · +1%UNH0.4% · -3%AMAT0.4% · -1%ABBV0.4% · -2%APH0.4% · +98%IVE0.3% · 0%GE0.3% · +7%COP0.3% · +37%SBUX0.3% · -2%INTC0.3% · +1%

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

Q2 26 → Q3 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

5 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 = 37.5%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Jul 30, 2026.

Assets Under Management
$869.0M
Discretionary
$836.3M
Employees
7
Accounts
412
Address
3825 EDWARDS ROAD
SUITE 420
CINCINNATI, OH 45209
Phone
(513) 766-3770
Website
Name Title / Status Ownership Type
BAUCOM, CHRISTOPHER, LEE ControlOWNER & PARTNER
since Aug 2023
25–50%Individual
Mahon, Scott, Joseph ControlOWNER & PARTNER
since Jun 2023
10–25%Individual
STUTENROTH, CHARLES, EDWARD ControlOWNER & MANAGING PARTNER
since Jan 2023
25–50%Individual
Hayes, Patrick, DanielCHIEF LEGAL OFFICER
since Mar 2026
Less than 5%Individual
KIDWELL, JUSTINE, MARIECHIEF COMPLIANCE OFFICER
since Mar 2026
Less than 5%Individual
Ownership & leadership changes · 5 filings with changes since Jan 22, 2023

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 19, 2026 filing
  • AddedKIDWELL, JUSTINE, MARIE · CHIEF COMPLIANCE OFFICER · Less than 5%
  • ChangedHayes, Patrick, Daniel · title CHIEF COMPLIANCE OFFICER → CHIEF LEGAL OFFICER
Jul 10, 2025 filing
  • No longer listedSTONE, JUSTIN, JAN · OWNER & PARTNER · 10–25% · control person · listed since Jan 2023
Mar 31, 2025 filing
  • ChangedHayes, Patrick, Daniel · no longer a control person
  • ChangedSTONE, JUSTIN, JAN · now a control person
Jul 18, 2024 filing
  • No longer listedGREEN, LESLIE, ANN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Jan 2023
  • AddedHayes, Patrick, Daniel · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedSTONE, JUSTIN, JAN · title OWNER → OWNER & PARTNER
Dec 26, 2023 filing
  • No longer listedRED HORSE CAPITAL · OWNER · 75% or more · control person · listed since Jan 2023
  • AddedBAUCOM, CHRISTOPHER, LEE · OWNER & PARTNER · 25–50% · control person
  • AddedMahon, Scott, Joseph · OWNER & PARTNER · 10–25% · control person
  • AddedSTONE, JUSTIN, JAN · OWNER · 10–25%
  • AddedSTUTENROTH, CHARLES, EDWARD · OWNER & MANAGING PARTNER · 25–50% · control person
  • ChangedGREEN, LESLIE, ANN · now a control person
Jan 22, 2023 filing (earliest on record)
  • ListedGREEN, LESLIE, ANN · CHIEF COMPLIANCE OFFICER · Less than 5%
  • ListedRED HORSE CAPITAL · OWNER · 75% or more · 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.

Canopy Partners, LLC Holdings (2026-09-30)

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 Apple Inc AAPL 037833100 $18.3M 5.30% 55,000 SH
2 Vanguard Total Stock Market ETF VTI 922908769 $14.7M 4.24% 39,151 SH
3 Microsoft MSFT 594918104 $13.7M 3.96% 26,699 SH
4 SPDR S&P 500 ETF SPY 78462F103 $13.6M 3.92% 17,780 SH
5 Dimensional US Core Equity Markt ETF DFAU 25434V104 $13.5M 3.89% 257,033 SH
6 Nvidia Corp NVDA 67066G104 $13.3M 3.84% 58,152 SH
7 Alphabet Inc. Class A GOOGL 02079K305 $12.1M 3.49% 35,103 SH
8 iShares Core MSCI EAFE ETF IEFA 46432F842 $11.5M 3.32% 118,622 SH
9 SPDR S&P Midcap 400 ETF MDY 78467Y107 $9.6M 2.77% 14,600 SH
10 Amazon.Com Inc AMZN 023135106 $9.4M 2.73% 37,895 SH
11 Dimensional ETF (trust World Ex US Core) DFAX 25434V880 $7.4M 2.13% 198,555 SH
12 iShares Core MSCI Emerging ETF IEMG 46434G103 $5.9M 1.71% 72,702 SH
13 Blackstone Private Credi T Fund Class I BX 09261H305 $5.7M 1.64% 240,107 SH
14 Meta Platforms Inc Class A META 30303M102 $5.6M 1.61% 7,669 SH
15 iShares Russell Mid Cap ETF IWR 464287499 $5.5M 1.59% 51,395 SH
16 JPMorgan Chase JPM 46625H100 $4.5M 1.31% 13,663 SH
17 iShares Core S&P Small-Cap ETF IJR 464287804 $4.4M 1.28% 32,624 SH
18 Taiwan Semiconductr F Sponsored ADR TSM 874039100 $4.4M 1.26% 9,582 SH
19 Auto Data Processing ADP 053015103 $4.3M 1.26% 16,822 SH
20 Broadcom Inc AVGO 11135F101 $4.2M 1.20% 11,833 SH
21 Alphabet Inc. Class C GOOG 02079K107 $4.0M 1.15% 11,633 SH
22 Johnson & Johnson JNJ 478160104 $3.5M 1.02% 13,268 SH
23 Dimensional Core Fixed Income ETF DFCF 25434V872 $3.4M 1.00% 85,870 SH
24 Wal-Mart WMT 931142103 $3.2M 0.92% 30,608 SH
25 Visa Inc Class A V 92826C839 $3.1M 0.90% 8,641 SH
26 Caterpillar CAT 149123101 $2.8M 0.82% 3,482 SH
27 Mastercard Inc Class A MA 57636Q104 $2.8M 0.81% 5,061 SH
28 Micron Technology MU 595112103 $2.7M 0.77% 2,503 SH
29 iShares MSCI EAFE Small Cap ETF SCZ 464288273 $2.6M 0.75% 30,908 SH
30 Costco Wholesale Co COST 22160K105 $2.3M 0.66% 2,490 SH
31 Berkshire Hathaway Class B BRK.B 084670702 $2.1M 0.61% 4,227 SH
32 Tesla Motors TSLA 88160R101 $2.1M 0.60% 5,880 SH
33 Lilly Eli & Co LLY 532457108 $2.1M 0.59% 1,778 SH
34 Merck & Co. Inc. MRK 58933Y105 $2.0M 0.59% 14,047 SH
35 Advanced Micro Devices I AMD 007903107 $2.0M 0.58% 3,262 SH
36 American Express Co AXP 025816109 $1.9M 0.56% 6,341 SH
37 Cisco Systems CSCO 17275R102 $1.9M 0.54% 17,508 SH
38 Eaton Corp PLC F ETN G29183103 $1.9M 0.54% 4,342 SH
39 Bank Of America Corp BAC 060505104 $1.8M 0.52% 33,069 SH
40 Amgen Inc AMGN 031162100 $1.8M 0.52% 4,255 SH
41 Marathon Pete Corp MPC 56585A102 $1.8M 0.51% 4,459 SH
42 iShares Core S&P 500 ETF IVV 464287200 $1.7M 0.50% 2,271 SH
43 iShares S&P 500 Growth ETF IVW 464287309 $1.7M 0.49% 11,873 SH
44 BlackRock FNDG Inc BLK 09290D101 $1.6M 0.47% 1,533 SH
45 iShares Core MSCI Total ETF IXUS 46432F834 $1.6M 0.46% 16,715 SH
46 Kroger Co KR 501044101 $1.6M 0.46% 26,881 SH
47 P N C Financial Services Group Inc PNC 693475105 $1.6M 0.45% 7,075 SH
48 Asml Holding N V F Sponsored ADR ASML N07059210 $1.5M 0.44% 838 SH
49 Service Now Inc NOW 81762P102 $1.5M 0.43% 11,183 SH
50 Chevron Corp. CVX 166764100 $1.5M 0.42% 7,184 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-28 $345.8M 236 0001960860-26-000005
2026-06-30 2026-07-22 $332.4M 256 0001960860-26-000003
2026-03-31 2026-05-11 $291.5M 245 0001960860-26-000002
2025-12-31 2026-02-12 $307.0M 253 0001960860-26-000001
2025-09-30 2025-10-30 $299.3M 235 0001960860-25-000006
Filer Information
Address
3825 EDWARDS ROAD
SUITE 420
CINCINNATI, OH 45209
Phone
(513) 404-2604
Filing Manager
Canopy Partners, LLC
CINCINNATI, OH
Signatory
Justine Kidwell
Chief Compliance Officer