HOLDCO ASSET MANAGEMENT RELEASES PRESENTATION TO COLUMBIA BANKING SYSTEM, INC.
Columbia Banking System (NASDAQ: COLB) received a presentation from HoldCo Asset Management dated Nov 6, 2025. HoldCo, which manages approximately $2.6 billion in regulatory assets under management, disclosed it owns common stock of Columbia and has an economic interest in the shares.
HoldCo said it does not intend to pursue a proxy contest at the 2026 Annual Meeting after recent concessions by the board and management, but will remain long-term shareholders and actively monitor capital allocation. HoldCo warned it may pursue a proxy contest or advocate for a sale if the board takes actions deemed inconsistent with shareholder interests.
Columbia Banking System (NASDAQ: COLB) ha ricevuto una presentazione da HoldCo Asset Management datata 6 novembre 2025. HoldCo, che gestisce circa 2,6 miliardi di dollari in attività regolamentate gestite, ha comunicato di possedere azioni ordinarie di Columbia e di avere un interesse economico nelle azioni.
HoldCo ha dichiarato di non avere l'intenzione di intraprendere una contesa di proxy al 2026 Annual Meeting dopo le recenti concessioni da parte del consiglio e della direzione, ma rimarrà azionista a lungo termine e monitorerà attivamente l'allocazione del capitale. HoldCo ha avvertito che potrebbe intraprendere una contestazione di proxy o sostenere una vendita se il consiglio dovesse adottare azioni ritenute non in linea con gli interessi degli azionisti.
Columbia Banking System (NASDAQ: COLB) recibió una presentación de HoldCo Asset Management con fecha 6 de noviembre de 2025. HoldCo, que gestiona aproximadamente 2,6 mil millones de dólares en activos regulados bajo gestión, declaró que posee acciones ordinarias de Columbia y tiene un interés económico en las acciones.
HoldCo dijo que no tiene intención de emprender una contienda por poder en la Junta Anual de 2026 tras las concesiones recientes de la junta y la dirección, pero seguirá siendo accionista a largo plazo y monitorizará activamente la asignación de capital. HoldCo advirtió que podría emprender una contienda por poder o abogar por una venta si la junta toma medidas que considere incoherentes con los intereses de los accionistas.
Columbia Banking System (NASDAQ: COLB)은 2025년 11월 6일자로 HoldCo Asset Management의 발표를 받았다고 밝혔다. 약 25억 6천만 달러의 규제 자산을 관리하는 HoldCo는 Columbia의 보통주를 보유하고 있으며 주식에 대해 경제적 이해관계가 있음을 밝혔다.
HoldCo는 이사회와 경영진의 최근 양보 이후 2026년 연차 총회에서 의결권 대리인 선임(프록시 대회)을 추구할 의도가 없다고 말했지만 장기적으로 주주로 남아 자본 배분을 적극 모니터링할 것이며, 이사회의 조치가 주주 이익에 부합하지 않는다고 판단되면 의결권 대리인 선임을 추구하거나 매각을 주장할 수 있다고 경고했다.
Columbia Banking System (NASDAQ: COLB) a reçu une présentation de HoldCo Asset Management datée du 6 novembre 2025. HoldCo, qui gère environ 2,6 milliards de dollars d'actifs réglementés sous gestion, a déclaré détenir des actions ordinaires de Columbia et avoir un intérêt économique dans les actions.
HoldCo a déclaré n'avoir pas l'intention de lancer une contestation de procuration lors de l'Assemblée générale annuelle 2026, après les concessions récentes du conseil d'administration et de la direction, mais restera un actionnaire à long terme et surveillera activement l'allocation de capital. HoldCo a averti qu'il pourrait engager une contestation de procuration ou plaider en faveur d'une vente si le conseil prenait des mesures jugées incompatibles avec les intérêts des actionnaires.
Columbia Banking System (NASDAQ: COLB) erhielt eine Präsentation von HoldCo Asset Management mit dem Datum 6. November 2025. HoldCo, das ungefähr 2,6 Milliarden Dollar an regulierten Vermögenswerten verwaltet, gab bekannt, dass es Columbia-Aktien besitzt und ein wirtschaftliches Interesse an den Aktien hat.
HoldCo erklärte, dass es beabsichtigt, nach den jüngsten Zugeständnissen des Vorstands und des Managements bei der Hauptversammlung 2026 keine Proxy-Streitigkeit zu verfolgen, aber langfristige Aktionäre bleiben und die Kapitalallokation aktiv überwachen wird. HoldCo warnte, dass es eine Proxy-Streitigkeit verfolgen oder für einen Verkauf eintreten könnte, wenn der Vorstand Maßnahmen ergreift, die nicht im Interesse der Aktionäre liegen.
نظام كولومبيا المصرفي (ناسداك: COLB) استقبل عرضاً من HoldCo Asset Management بتاريخ 6 نوفمبر 2025. HoldCo، التي تدير نحو 2.6 مليار دولار من الأصول التنظيمية الخاضعة للإدارة، كشفت أنها تملك أسهم عادية في Columbia ولها مصلحة اقتصادية في الأسهم.
وقالت HoldCo إنها لا تنوي متابعة معركة تفويض في اجتماع المساهمين السنوي لعام 2026 بعد التنازلات الأخيرة من المجلس والإدارة، لكنها ستظل مساهمة طويلة الأجل وتراقب تخصيص رأس المال بنشاط. وحذرت HoldCo من أنها قد تتبع معركة تفويض أو تدعو لبيع إذا اتخذ المجلس إجراءات deemed متوافقة مع مصالح المساهمين.
- HoldCo AUM approximately $2.6 billion (signals meaningful investor)
- HoldCo will not pursue a 2026 proxy contest (temporary governance stability)
- HoldCo committed to long-term shareholding for several years
- HoldCo retains right to pursue a proxy contest if board actions deviate from expectations
- HoldCo may advocate for a sale of the company, which could create strategic uncertainty
The presentation may be found at the following link:
https://holdcoam.co/COLB_Nov5 https://holdcoam.co/COLB_Nov6
In the presentation, HoldCo disclosed that it owns common stock of Columbia Banking System, Inc. (NASDAQ Global Select Market: COLB) and consequently has an economic interest in the price of these securities.
"In light of the recent concessions the Board and management made, HoldCo does not intend to pursue a proxy contest at the 2026 Annual Meeting," said Misha Zaitzeff, Co-CIO of HoldCo. "We expect to be long-term shareholders for the next several years, and will be actively monitoring the company's actions and capital allocation decisions."
Added Vik Ghei, co-CIO of HoldCo, "If the Board pursues actions inconsistent with our expectations and/or to the detriment of shareholders, we will not hesitate to take any action that we deem necessary to protect the rights of shareholders and drive value, including the potential pursuit of a proxy contest and/or advocating for a sale of the company."
About HoldCo Asset Management, LP
HoldCo Asset Management, LP is an investment adviser located in
Disclaimer
As of the publication date of this report, a fund managed by HoldCo has a long position in Columbia Banking System, Inc. through ownership of its common stock. HoldCo may change its views about its investment positions in Columbia Banking System, Inc. at any time, for any reason or no reason, and at any time may change the form or substance of any of its related or unrelated investment positions. If it does so, it will not be under obligation to inform anyone and does not intend to do so unless required by law.
All content in this press release and referenced presentations represent the opinions of HoldCo and are for discussion and general information purposes only. HoldCo has obtained all information herein from publicly available sources, and such information is presented "as is," without warranty of any kind whether express or implied. All data and other information are not warranted as to completeness or accuracy and reflect HoldCo's views as of this date, all of which are accordingly subject to change without notice.
This document is not intended to be, nor should it be construed as, a marketing or solicitation vehicle for HoldCo or any fund managed by HoldCo, and it is not investment advice, an investment recommendation, or an offer to buy or sell or the solicitation of an offer to buy or sell any securities, including without limitation any interests in a fund managed by and/or associated with HoldCo. Any offer or solicitation may only be made pursuant to a private placement memorandum, agreement of limited partnership, or similar or related documents, which will only be provided to qualified offerees and should be reviewed carefully and in their entirety by any such offerees prior to making or considering a decision to invest in any HoldCo managed fund.
The information contained in this document may include, or incorporate by reference, forward-looking statements, which would include any statements that are not statements of historical fact. These forward-looking statements may turn out to be wrong and can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors. There can be no assurance that forward-looking statements will materialize or that actual results will not be materially different than those presented.
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SOURCE HOLDCO ASSET MANAGEMENT
FAQ
What did HoldCo Asset Management announce to Columbia Banking System (COLB) on Nov 6, 2025?
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