Portfolio (Quarterly) Guide ↗

Agate Pass Investment Management, LLC

· CIK 0001900409

13F Portfolio $255M AUM 105 positions Filed Apr 7, 2026 EDGAR ↗ ← All Funds

Q1 2026 Q4 2025 · All 3 New 16 Added 49 Reduced 4 Exited

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Chg Shares	Chg %	Period Price ①	Since Period ①
1	VOO	VANGUARD INDEX FDS	—	17,842.0	$10.7M	4.17%	+8K	+76.2%	$597.57	+15.2%
2	XLK	SELECT SECTOR SPDR TR	—	34,311.0	$4.6M	1.78%	+5K	+18.6%	$132.90	+38.6%
3	IGIB	ISHARES TR	—	84,010.0	$4.5M	1.75%	+4K	+5.5%	$53.22	-0.3%
4	ICSH	ISHARES TR	—	84,625.0	$4.3M	1.68%	+6K	+8.3%	$50.62	-0.1%
5	—	CORPAY INC	—	9,452.0	$2.8M	1.08%	+278.0	+3.0%	$290.99	—
6	AMAT	APPLIED MATLS INC	Technology	7,424.0	$2.5M	0.99%	+195.0	+2.7%	$341.77	+31.2%
7	VCIT	VANGUARD SCOTTSDALE FDS	—	22,105.0	$1.8M	0.72%	+2K	+11.0%	$82.75	-0.3%
8	V	VISA INC	Financial Services	5,655.0	$1.7M	0.67%	+45.0	+0.8%	$302.26	+7.8%
9	VTEB	VANGUARD MUN BD FDS	—	25,798.0	$1.3M	0.50%	+13K	+97.3%	$49.89	+0.4%
10	VIG	VANGUARD SPECIALIZED FUNDS	—	4,667.0	$1.0M	0.39%	+190.0	+4.2%	$215.06	+8.5%
11	LIN	LINDE PLC	Basic Materials	1,886.0	$935K	0.37%	+97.0	+5.4%	$495.87	+3.8%
12	MAR	MARRIOTT INTL INC NEW	Consumer Cyclical	2,771.0	$906K	0.35%	+770.0	+38.5%	$327.07	+14.2%
13	—	J P MORGAN EXCHANGE TRADED F	—	16,862.0	$853K	0.33%	+400.0	+2.4%	$50.61	—
14	CPRT	COPART INC	Industrials	25,700.0	$853K	0.33%	+1K	+4.5%	$33.20	-0.4%
15	UNH	UNITEDHEALTH GROUP INC	Healthcare	1,771.0	$479K	0.19%	+80.0	+4.7%	$270.59	+39.9%
16	XLU	SELECT SECTOR SPDR TR	—	10,116.0	$464K	0.18%	+1K	+13.7%	$45.89	-0.9%

① Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation

Technology 21.9%

Healthcare 20.3%

Financial Services 15.7%

Communication Services 10.9%

Industrials 7.9%

Consumer Cyclical 7.6%

Consumer Defensive 5.3%

Energy 4.9%

Real Estate 3.2%

Basic Materials 1.7%