Clients
Pinestone Asset Management serves 95 clients, 49 of them pooled investment vehicles. The average client has about $570 million with the firm.
- Investment companies7 clients7%
- Pooled investment vehicles49 clients65%
- Pension and profit-sharing plans12 clients9%
- State or municipal government entities8 clients8%
- Other investment advisers10 clients8%
- OtherOther, Charitable organizations, Corporations and other businesses3%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 7 | $3,770,574,490 | 7.0% | $538.7M |
| Pooled investment vehicles | 49 | $35,404,195,311 | 65.4% | $722.5M |
| Pension and profit-sharing plans | 12 | $4,752,290,920 | 8.8% | $396.0M |
| Charitable organizations | Not reported | $13,725,724 | 0.0% | — |
| State or municipal government entities | 8 | $4,253,008,034 | 7.9% | $531.6M |
| Other investment advisers | 10 | $4,312,635,979 | 8.0% | $431.3M |
| Corporations and other businesses | Not reported | $291,505,371 | 0.5% | — |
| Other | 9 | $1,336,595,400 | 2.5% | $148.5M |
| Total | 95 | $54,134,531,229 | 100% | $569.8M |
- Clients
- 7
- Regulatory AUM
- $3,770,574,490
- Share
- 7.0%
- Avg. per client
- $538.7M
- Clients
- 49
- Regulatory AUM
- $35,404,195,311
- Share
- 65.4%
- Avg. per client
- $722.5M
- Clients
- 12
- Regulatory AUM
- $4,752,290,920
- Share
- 8.8%
- Avg. per client
- $396.0M
- Clients
- Not reported
- Regulatory AUM
- $13,725,724
- Share
- 0.0%
- Avg. per client
- —
- Clients
- 8
- Regulatory AUM
- $4,253,008,034
- Share
- 7.9%
- Avg. per client
- $531.6M
- Clients
- 10
- Regulatory AUM
- $4,312,635,979
- Share
- 8.0%
- Avg. per client
- $431.3M
- Clients
- Not reported
- Regulatory AUM
- $291,505,371
- Share
- 0.5%
- Avg. per client
- —
- Clients
- 9
- Regulatory AUM
- $1,336,595,400
- Share
- 2.5%
- Avg. per client
- $148.5M
Total
- Clients
- 95
- Regulatory AUM
- $54,134,531,229
- Share
- 100%
- Avg. per client
- $569.8M
What it does
Pinestone Asset Management provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets, performance-based fees and other arrangements.
Pinestone Asset Management advises 2 private funds.
93.3% of assets ($50.50B across 88 accounts) are managed with discretion; $3.64B across 11 accounts are not. 68% of clients are outside the U.S., and 22 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks99%
- Cash1%
Custodians
Pinestone Asset Management’s client accounts are held mainly at Bank of New York Mellon Trust, with 5% of managed assets, and State Street Trust Company Canada, with 5%. Pinestone Asset Management has custody of $878.2M for 19 clients.
- State Street Trust Company CanadaState Street Trust Company Canada · Montreal · $2.66B5%
- State Street TrustState Street Trust Company · Boston, MA · $2.66B5%
- Bank of New York Mellon TrustBank of New York Mellon Trust Company · New York, NY · $2.88B5%
- Brown Brother Harriman &Brown Brother Harriman & Co. · New York, NY · $1.79B3%
- All other custodians$44.14B82%
Ownership and leadership
Nadim Rizk owns 75% or more of Pinestone Asset Management, and Nadim Rizk is its CEO.
- Owns 75% or more of Pinestone Asset Management Inc.
Nadim Rizk
Control person · since March 2021
Leadership
- Nadim RizkChief Executive Officer, Chief Investment Officer, Shareholder, President, Director
- Audrey HuotChief Financial Officer
- Claudia GourdeChief Operating Officer & Chief Legal Officer
- David DoumaniChief Compliance Officer & Chief Risk Officer
Staff
- 46 employees
- 13 in advisory functions
Reported holdings
Pinestone Asset Management’s reported 13F holdings total $16.19B across 44 positions, and the ten largest make up 63.1% of it.
- $16.19B
- Reported 13F value
- 44
- Positions
- 63.1%
- In the 10 largest
- +13.8%
- Value vs. prior quarter
- Taiwan Semiconductor Manufac · Sponsored ADS14.6%
- Alphabet Inc. · Cap Stk CL A10.2%
- Moodys Corp.6.4%
- Microsoft Corp.6.0%
- Mastercard Incorporated · CL A5.8%
- Autozone Inc.4.8%
- Amazon Com Inc.4.1%
- KLA Corp.4.0%
- CME Group Inc.3.7%
- TJX Cos Inc. New3.5%
Together, the ten largest are 63.1% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $16.19B is not its $54.13B in regulatory assets and does not represent any individual client's portfolio.
Fees
Pinestone Asset Management is paid through a percentage of assets under management, performance-based fees and other.
Brochure fee details have not yet been processed for this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Pinestone Asset Management has 0 offices, with 1 listed address with no US state reported.
Other business names
Pinestone Asset Management has reported 1 other business name to the SEC.
- Gestion D'Actifs Pinestone Inc.
Registration details
- Legal name
- Pinestone Asset Management Inc.
- Headquarters
- 1981 McGill College, Suite 1600, Montreal, Quebec, Canada H3A 2Y1
- Phone
- 438-793-0444
- Website
- Not reported
- SEC file
- 801-122764
- Structure
- corporation organized in Canada
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Pinestone Asset Management have?
Pinestone Asset Management has 95 clients and manages $54.1 billion for them, as of March 2026. They include 49 pooled investment vehicles, 12 pension and profit-sharing plans and 10 other investment advisers.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Pinestone Asset Management offer?
Pinestone Asset Management provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Pinestone Asset Management use?
Pinestone Asset Management’s separately managed account assets are held at Bank of New York Mellon Trust Company (New York, NY), with $2,875,009,451, State Street Trust Company Canada (Montreal), with $2,662,852,216, State Street Trust Company (Boston, MA), with $2,662,341,235 and Brown Brother Harriman & Co. (New York, NY), with $1,792,286,816. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Pinestone Asset Management have?
Pinestone Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 46 employees, and 13 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Pinestone Asset Management invest in?
At the end of its last fiscal year, Pinestone Asset Management’s separately managed accounts held 99% exchange-traded equities and 1% cash and equivalents. It advises 2 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Pinestone Asset Management?
Pinestone Asset Management’s direct owner is Nadim Rizk (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Pinestone Asset Management get paid?
Pinestone Asset Management is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file