American Assets Investment Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), American Assets Investment Management, LLC reported 168 stock positions worth $1.1 billion. Its top holding was Exxon Mobil (XOM) at 5.0% of the portfolio, followed by Microsoft (MSFT, 3.6%) and Apple (AAPL, 3.4%). Compared with Q4 2023, it opened 4 new positions, sold out of 7, added to 9 and reduced 8. The biggest buy was Citigroup (C, shares +34%) and the biggest sale an exit from Hudson Pac Pptys.

Most Recent 13F
Q2 2026
Location
SAN DIEGO, CA
CIK
0001389256
Portfolio Value
$1.1B (Q1 2024)
SEC Filing
0001389256-24-000014 ↗ filed May 10, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.1B $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 Q2 2026

Holdings 168 stocks · $1.1B
XOM Exxon Mobil Corp. 4.98% 450,000 $52.3M No change
MSFT Microsoft Corp. 3.59% 89,650 $37.7M No change
AAPL Apple Inc. 3.43% 210,000 $36.0M No change
JPM JPMorgan Chase & Co. 3.38% 177,600 $35.6M No change
AAT American Assets Trust Inc. 3.08% 1,475,336 $32.3M No change
WFC Wells Fargo & Co. 3.06% 555,000 $32.2M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.77% 767,000 $29.1M No change
CVX Chevron Corp. 2.70% 180,000 $28.4M No change
GS Goldman Sachs Group Inc. 2.15% 54,000 $22.6M No change
PSX Phillips 66 1.99% 127,800 $20.9M No change
MRK Merck & Co. Inc. 1.57% 125,000 $16.5M No change
CAT Caterpillar Inc. 1.57% 45,000 $16.5M No change
TFC Truist Financial Corp. 1.42% 384,000 $15.0M No change
LEN Lennar Corp. Class A 1.41% 86,370 $14.9M No change
SHEL Shell PLC-ADR 1.41% 221,000 $14.8M No change
COF Capital One Financial Corp. 1.41% 99,500 $14.8M No change
ESS Essex Property Trust Inc. 1.39% 59,500 $14.6M No change
RGTI Rigetti Computing Inc. 1.23% 8,439,169 $12.9M Reduce -4.0%
USB US Bancorp 1.15% 270,000 $12.1M No change
KR Kroger Co. 1.12% 206,150 $11.8M No change
ABBV Abbvie Inc. 1.04% 60,294 $11.0M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.00% 55,000 $10.5M No change
RY Royal Bank of Canada 0.99% 103,500 $10.4M No change
TTE Totalenergies SE -Spon ADR 0.98% 150,000 $10.3M No change
FDX FedEx Corp. 0.96% 35,000 $10.1M No change
AMGN Amgen Inc. 0.95% 35,190 $10.0M No change
C Citigroup Inc. 0.94% 156,400 $9.9M Add +34.4%
WMT Walmart Inc. 0.93% 162,000 $9.7M No change
PNC PNC Financial Services Group 0.92% 60,000 $9.7M No change
PRU Prudential Financial Inc. 0.90% 80,459 $9.4M No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.89% 96,000 $9.4M No change
TD Toronto-Dominion Bank 0.89% 155,000 $9.4M No change
LLY Eli Lilly & Co. 0.89% 12,000 $9.3M No change
GE General Electric 0.88% 52,500 $9.2M No change
KO The Coca-Cola Co. 0.87% 150,060 $9.2M No change
NVS Novartis AG-Sponsored ADR 0.86% 93,610 $9.1M No change
COP Conocophillips 0.85% 70,000 $8.9M No change
MS Morgan Stanley 0.82% 92,000 $8.7M No change
UL Unilever PLC 0.81% 170,000 $8.5M No change
DE Deere & Co. 0.78% 20,000 $8.2M No change
TSM Taiwan Semiconductor-SP ADR 0.78% 60,000 $8.2M No change
JNJ Johnson & Johnson 0.75% 50,000 $7.9M No change
MET Metlife Inc. 0.73% 103,304 $7.7M No change
TM Toyota Motor Corp. -Spon ADR 0.72% 30,000 $7.6M No change
GOOGL Alphabet Inc. Class A 0.70% 49,000 $7.4M No change
NOC Northrop Grumman Corp. 0.68% 15,000 $7.2M No change
MCHP Microchip Technology Inc. 0.68% 80,000 $7.2M No change
EIX Edison International 0.67% 100,000 $7.1M No change
PEP Pepsico Inc. 0.66% 39,800 $7.0M No change
BMY Bristol-Myers Squibb Co. 0.66% 127,000 $6.9M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.63% 115,000 $6.6M No change
SRE Sempra 0.63% 92,000 $6.6M No change
STT State Street Corp. 0.63% 85,000 $6.6M No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.63% 166,918 $6.6M No change
PPG PPG Industries Inc. 0.62% 45,250 $6.6M No change
CB Chubb Ltd. 0.62% 25,000 $6.5M No change
CVS CVS Health Corp. 0.61% 80,000 $6.4M No change
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.60% 100,000 $6.3M No change
SCHW Schwab (charles) Corp. 0.60% 86,674 $6.3M No change
MDT Medtronic PLC 0.59% 71,632 $6.2M No change
PNW Pinnacle West Capital 0.59% 83,000 $6.2M No change
CEG Constellation Energy 0.59% 33,333 $6.2M No change
PFE Pfizer Inc. 0.58% 220,000 $6.1M No change
VZ Verizon Communications Inc. 0.56% 140,000 $5.9M No change
AMD Advanced Micro Devices 0.52% 30,000 $5.4M No change
NTRS Northern Trust Corp. 0.51% 60,000 $5.3M No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.49% 100,000 $5.2M No change
AEP American Electric Power 0.49% 60,000 $5.2M No change
URI United Rentals Inc. 0.48% 7,000 $5.0M No change
HLT Hilton Worldwide Holdings Inc. 0.47% 23,332 $5.0M No change
AMP Ameriprise Financial Inc. 0.47% 11,250 $4.9M No change
ALLY Ally Financial Inc. 0.44% 115,000 $4.7M No change
JEF Jefferies Financial Group Inc. 0.42% 100,000 $4.4M No change
BIIB Biogen Inc. 0.41% 20,000 $4.3M No change
MDLZ Mondelez International Inc. Class A 0.41% 61,010 $4.3M No change
DGX Quest Diagnostics Inc. 0.41% 32,000 $4.3M No change
DD Dupont DE Nemours Inc. 0.39% 53,943 $4.1M No change
WEC WEC Energy Group Inc. 0.39% 50,000 $4.1M No change
WDC Western Digital Corp. 0.39% 60,000 $4.1M No change
DOW Dow Inc. 0.38% 69,044 $4.0M No change
LH Laboratory CRP of Amer Hldgs 0.37% 18,000 $3.9M No change
AIG American International Group 0.37% 50,000 $3.9M No change
SNY Sanofi-ADR 0.37% 80,000 $3.9M No change
XEL Xcel Energy Inc. 0.36% 70,000 $3.8M No change
EXC Exelon Corp. 0.36% 100,000 $3.8M No change
UNP Union Pacific Corp. 0.35% 15,000 $3.7M No change
CI The Cigna Group 0.35% 10,040 $3.6M No change
NRG NRG Energy Inc. 0.34% 53,146 $3.6M No change
ET Energy Transfer LP 0.34% 225,800 $3.6M No change
ABT Abbott Laboratories 0.33% 30,500 $3.5M No change
SYK Stryker Corp. 0.31% 9,000 $3.2M No change
PRGO Perrigo Co. PLC 0.31% 100,000 $3.2M No change
NEE Nextera Energy Inc. 0.30% 50,000 $3.2M No change
DUK Duke Energy Corp. 0.30% 32,666 $3.2M No change
HCA HCA Healthcare Inc. 0.29% 9,000 $3.0M No change
VTRS Viatris Inc. 0.28% 250,000 $3.0M Add +11.1%
RTX RTX Corp. 0.28% 30,000 $2.9M No change
PARAA Paramount Global Class B 0.27% 242,800 $2.9M No change
PG The Procter & Gamble Co. 0.26% 17,000 $2.8M No change
FE Firstenergy Corp. 0.26% 70,000 $2.7M No change

Show all 168 holdings

Portfolio Sells Q4 2023 → Q1 2024
HUDSON PAC PPTYS INC Sold out 0.00% −0.06
CCI Crown Castle Inc. Sold out 0.00% −0.05
SBAC SBA Communications Corp. Sold out 0.00% −0.03
INVH Invitation Homes Inc. Sold out 0.00% −0.03
AMT American Tower Corp. Reduce -12.2% 0.07% −0.03
SUI Sun Communities Inc. Sold out 0.00% −0.02
BEPC Brookfield Renewable Cor-A Sold out 0.00% −0.02
COLD Americold Realty Trust Inc. Reduce -22.5% 0.02% −0.02
VNET Vnet Group Inc.-ADR Sold out 0.00% −0.01
CZR Caesars Entertainment Inc. Reduce -14.8% 0.04% −0.01
ARE Alexandria Real Estate Equit Reduce -20.9% 0.03% −0.01
REXR Rexford Industrial Realty Inc. Reduce -17.0% 0.02% −0.01
DLR Digital Realty Trust Inc. Reduce -10.3% 0.08% −0.01
WYNN WYNN Resorts Ltd. Reduce -5.0% 0.22% −0.00
RGTI Rigetti Computing Inc. Reduce -4.0% 1.23% +0.34

Portfolio Buys Q4 2023 → Q1 2024
C Citigroup Inc. Add +34.4% 0.94% +0.32
SPG Simon Property Group Inc. New 0.06% +0.06
BX Blackstone Inc. New 0.04% +0.04
FIP Ftai Infrastructure Inc. Add +15.0% 0.10% +0.04
VTRS Viatris Inc. Add +11.1% 0.28% +0.03
FLG New York Community Bancorp New 0.03% +0.03
MAC The Macerich Co. Add +95.2% 0.06% +0.03
VTR Ventas Inc. New 0.02% +0.02
EQIX Equinix Inc. Add +47.0% 0.07% +0.02
DBRG Digitalbridge Group Inc. Add +20.7% 0.08% +0.01
MGM MGM Resorts International Add +15.1% 0.06% +0.01
BIPC Brookfield Infrastructure-A Add +6.3% 0.02% 0.00
NFE New Fortress Energy Inc. Add +2.5% 0.05% −0.01

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