American Assets Investment Management, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 5, 2026), American Assets Investment Management, LLC reported 146 stock positions worth $1.7 billion. Its top holding was Bank of America (BAC) at 4.9% of the portfolio, followed by Wells Fargo (WFC, 4.7%) and Apple (AAPL, 3.7%). Compared with Q1 2026, it opened 1 new position, sold out of 2, added to 5 and reduced 1. The biggest buy was Pitney Bowes (PBI, shares +1525%) and the biggest sale an exit from Comcast Class A (CMCSA).

Most Recent 13F
Q2 2026
Location
SAN DIEGO, CA
CIK
0001389256
Portfolio Value
$1.7B (Q2 2026)
SEC Filing
0001389256-26-000008 ↗ filed Aug 5, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.1B Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $1.1B Q1 2025 Q2 2025: $1.2B Q2 2025 Q3 2025: $1.4B Q3 2025 Q4 2025: $1.4B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $1.7B $1.7B Q2 2026

Holdings 146 stocks · $1.7B
BAC Bank of America Corp. 4.87% 15,224,325 $80.5M No change
WFC Wells Fargo & Co. 4.70% 940,400 $77.7M No change
AAPL Apple Inc. 3.68% 210,000 $60.8M No change
JPM JPMorgan Chase & Co. 3.61% 259,400 $59.6M Reduce -88.5%
XOM Exxon Mobil Corp. 3.39% 410,000 $56.1M No change
GS Goldman Sachs Group Inc. 3.36% 99,000 $55.5M No change
SHEL Shell PLC-ADR 3.06% 651,000 $50.5M No change
CAT Caterpillar Inc. 2.90% 45,000 $47.9M No change
SNDK Sandisk Corp. 2.75% 20,000 $45.5M No change
WDC Western Digital Corp. 2.32% 60,000 $38.3M No change
AAT American Assets Trust Inc. 2.21% 1,477,340 $36.5M No change
MSFT Microsoft Corp. 2.02% 89,650 $33.4M No change
RGTI Rigetti Computing Inc. 1.92% 1,639,800 $31.7M No change
CVX Chevron Corp. 1.81% 180,000 $29.8M No change
TSM Taiwan Semiconductor-SP ADR 1.73% 60,000 $28.7M No change
C Citigroup Inc. 1.36% 176,400 $22.5M No change
TFC Truist Financial Corp. 1.34% 3,384,000 $22.1M No change
PSX Phillips 66 1.34% 130,800 $22.1M No change
RY Royal Bank of Canada 1.30% 103,500 $21.4M No change
GOOGL Alphabet Inc. Class A 1.28% 59,000 $21.1M No change
MS Morgan Stanley 1.23% 132,000 $20.2M No change
TD Toronto-Dominion Bank 1.21% 165,000 $20.0M No change
COF Capital One Financial Corp. 1.21% 99,500 $20.0M No change
GE General Electric filed as GE AEROSPACE 1.19% 52,500 $19.6M No change
WMT Walmart Inc. 1.11% 162,000 $18.3M No change
AMD Advanced Micro Devices 1.05% 30,000 $17.4M No change
ESS Essex Property Trust Inc. 1.05% 59,500 $17.3M No change
BMO Bank of Montreal filed as BANK MONTREAL MEDIUM 1.03% 96,000 $17.0M No change
BNY Bank of New York Mellon Corp. 1.01% 115,000 $16.6M No change
USB US Bancorp 0.99% 270,000 $16.3M No change
MRK Merck & Co. Inc. 0.97% 125,000 $16.1M No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.96% 166,918 $15.9M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.94% 55,000 $15.5M No change
GEV GE Vernova Inc. 0.93% 13,125 $15.4M No change
ABBV Abbvie Inc. 0.92% 60,294 $15.2M No change
PNC PNC Financial Services Group 0.89% 60,000 $14.8M No change
NVS Novartis AG-Sponsored ADR 0.89% 93,610 $14.7M No change
JNJ Johnson & Johnson 0.88% 57,000 $14.5M Add +10.0%
STT State Street Corp. 0.87% 85,000 $14.4M No change
LLY Eli Lilly & Co. 0.87% 12,000 $14.4M No change
AMGN Amgen Inc. 0.77% 35,190 $12.7M No change
DE Deere & Co. 0.77% 20,000 $12.7M No change
KO The Coca-Cola Co. 0.74% 150,060 $12.2M No change
TTE Totalenergies SE 0.71% 150,000 $11.7M No change
KR Kroger Co. 0.69% 206,150 $11.4M No change
FDX FedEx Corp. 0.66% 35,000 $11.0M No change
NTRS Northern Trust Corp. 0.63% 60,000 $10.4M No change
UL Unilever PLC-Sponsored ADR 0.55% 151,111 $9.1M No change
PNW Pinnacle West Capital 0.54% 83,000 $8.9M No change
MET Metlife Inc. 0.53% 103,304 $8.7M No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C 0.53% 100,000 $8.7M No change
PRU Prudential Financial Inc. 0.53% 80,459 $8.7M No change
SRE Sempra 0.52% 92,000 $8.5M No change
CB Chubb Ltd. 0.52% 25,000 $8.5M No change
CEG Constellation Energy 0.50% 33,333 $8.3M No change
AEP American Electric Power 0.50% 60,000 $8.2M No change
SCHW Schwab (charles) Corp. 0.48% 86,674 $8.0M No change
URI United Rentals Inc. 0.48% 7,000 $7.9M No change
LEN Lennar Corp. Class A 0.47% 86,370 $7.8M No change
NRG NRG Energy Inc. 0.47% 53,146 $7.8M No change
HLT Hilton Worldwide Holdings Inc. 0.47% 23,332 $7.7M No change
NOC Northrop Grumman Corp. 0.46% 15,000 $7.6M No change
EIX Edison International 0.45% 100,000 $7.4M No change
BMY Bristol-Myers Squibb Co. 0.44% 127,000 $7.3M No change
MCHP Microchip Technology Inc. 0.44% 80,000 $7.3M No change
COP Conocophillips 0.44% 70,000 $7.3M No change
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.41% 100,000 $6.8M No change
DGX Quest Diagnostics Inc. 0.41% 32,000 $6.8M No change
WEC WEC Energy Group Inc. 0.35% 50,000 $5.8M No change
RTX RTX Corp. 0.34% 30,000 $5.7M No change
XEL Xcel Energy Inc. 0.34% 70,000 $5.6M No change
MDT Medtronic PLC 0.34% 71,632 $5.6M No change
CAH Cardinal Health Inc. 0.33% 23,277 $5.5M No change
PPG PPG Industries Inc. 0.33% 45,250 $5.5M No change
UTHR United Therapeutics Corp. 0.33% 10,000 $5.4M No change
PEP Pepsico Inc. 0.33% 39,800 $5.4M No change
ALLY Ally Financial Inc. 0.32% 115,000 $5.3M No change
AMP Ameriprise Financial Inc. 0.31% 11,250 $5.2M No change
TM Toyota Motor Corp. -Spon ADR 0.31% 30,000 $5.1M No change
LH Labcorp Holdings Inc. 0.31% 18,000 $5.0M No change
JEF Jefferies Financial Group Inc. 0.30% 100,000 $5.0M No change
IWM iShares Russell 2000 ETF 0.29% 16,000 $4.8M No change
EXC Exelon Corp. 0.28% 100,000 $4.7M No change
Q Qnity Electronics Inc. 0.27% 26,970 $4.4M No change
NEE Nextera Energy Inc. 0.27% 50,000 $4.4M No change
ET Energy Transfer LP 0.26% 225,800 $4.3M No change
DUK Duke Energy Corp. 0.25% 32,666 $4.1M No change
UNP Union Pacific Corp. 0.25% 15,000 $4.1M No change
MSGS Madison Square Garden Sports 0.24% 10,000 $4.0M No change
KMI Kinder Morgan Inc. 0.24% 125,000 $4.0M No change
AA Alcoa Corp. 0.24% 75,000 $3.9M No change
JCI Johnson Controls Internation 0.23% 26,200 $3.8M No change
KVUE Kenvue Inc. 0.23% 200,000 $3.8M No change
AIG American International Group 0.23% 50,000 $3.7M No change
PM Philip Morris International 0.22% 20,000 $3.6M No change
MDLZ Mondelez International Inc. Class A 0.21% 61,010 $3.5M No change
HCA HCA Healthcare Inc. 0.21% 9,000 $3.5M No change
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.21% 30,000 $3.5M No change
SNY Sanofi-ADR 0.21% 80,000 $3.4M No change
FE Firstenergy Corp. 0.20% 70,000 $3.3M No change

Show all 146 holdings

Portfolio Sells Q1 2026 → Q2 2026
CMCSA Comcast Corp. Class A Sold out 0.00% −0.19
JPM JPMorgan Chase & Co. Reduce -88.5% 3.61% −0.17
CTRA Coterra Energy Inc. Sold out 0.00% −0.11

Portfolio Buys Q1 2026 → Q2 2026
PBI Pitney Bowes Inc. Add +1525.0% 0.14% +0.09
DVN Devon Energy Corp. New 0.08% +0.08
RIVN Rivian Automotive Inc. Class A Add +114.3% 0.08% +0.02
A Agilent Technologies Inc. Add +66.7% 0.08% +0.02
LMND Lemonade Inc. Add +261.1% 0.03% −0.03
JNJ Johnson & Johnson Add +10.0% 0.88% −0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 146$1.7BBAC, WFC, AAPL, JPM, XOM
Q1 2026 146$1.5BWFC, BAC, XOM, SHEL, JPM
Q4 2025 145$1.4BWFC, BAC, JPM, AAPL, XOM
Q3 2025 142$1.4BWFC, RGTI, BAC, JPM, AAPL
Q2 2025 143$1.2BWFC, BAC, JPM, MSFT, RGTI
Q1 2025Amended 146$1.1BXOM, BAC, AAPL, JPM, WFC
Q4 2024Amended 155$1.2BRGTI, AAPL, BAC, XOM, JPM
Q3 2024 160$1.1BXOM, AAPL, BAC, AAT, MSFT
Q2 2024 161$1.1BXOM, BAC, AAPL, MSFT, JPM
Q1 2024 168$1.1BXOM, MSFT, AAPL, JPM, AAT