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
CAH Cardinal Health Inc. 0.25% 23,277 $2.6M No change
AA Alcoa Corp. 0.24% 75,000 $2.5M No change
WY Weyerhaeuser Co. 0.24% 70,000 $2.5M No change
BAX Baxter International Inc. 0.24% 57,829 $2.5M No change
CTRA Coterra Energy Inc. 0.23% 88,000 $2.5M No change
WBA Walgreens Boots Alliance Inc. 0.23% 109,580 $2.4M No change
WYNN WYNN Resorts Ltd. 0.22% 22,592 $2.3M Reduce -5.0%
UTHR United Therapeutics Corp. 0.22% 10,000 $2.3M No change
KMI Kinder Morgan Inc. 0.22% 125,000 $2.3M No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.21% 34,000 $2.2M No change
EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 0.21% 25,000 $2.2M No change
KVUE Kenvue Inc. 0.20% 100,000 $2.1M No change
ACI Albertsons Cos Inc. Class A 0.20% 100,000 $2.1M No change
ADM Archer-Daniels-Midland Co. 0.18% 30,830 $1.9M No change
PPL PPL Corp. 0.18% 70,000 $1.9M No change
VTS Vitesse Energy Inc. 0.18% 80,015 $1.9M No change
MSGS Madison Square Garden Sports 0.18% 10,000 $1.8M No change
KHC The Kraft Heinz Co. 0.18% 50,000 $1.8M No change
PM Philip Morris International 0.17% 20,000 $1.8M No change
SO The Southern Co. 0.17% 25,000 $1.8M No change
BABA Alibaba Group Holding-SP ADR 0.17% 24,000 $1.7M No change
CMCSA Comcast Corp. Class A 0.17% 40,000 $1.7M No change
GSK GSK PLC-Spon ADR 0.16% 40,000 $1.7M No change
JCI Johnson Controls Internation 0.16% 26,200 $1.7M No change
GILD Gilead Sciences Inc. 0.16% 23,000 $1.7M No change
GEHC GE Healthcare Technology 0.15% 17,500 $1.6M No change
ALC Alcon Inc. filed as ALCON AG 0.15% 18,722 $1.6M No change
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO 0.14% 30,000 $1.5M No change
ADBE Adobe Inc. 0.14% 3,000 $1.5M No change
UPS United Parcel Service Class B 0.14% 10,000 $1.5M No change
EPD Enterprise Products Partners 0.14% 50,000 $1.5M No change
GT Goodyear Tire & Rubber Co. 0.13% 100,000 $1.4M No change
BDX Becton Dickinson and Co. 0.13% 5,500 $1.4M No change
FIP Ftai Infrastructure Inc. 0.10% 170,523 $1.1M Add +15.0%
BHF Brighthouse Financial Inc. 0.10% 20,000 $1.0M No change
FTAI Ftai Aviation Ltd. 0.09% 14,317 $964K No change
BRK.B Berkshire Hathaway Inc. Class B 0.09% 2,250 $946K No change
WELL Welltower Inc. 0.09% 10,000 $934K No change
HLN Haleon PLC-ADR 0.08% 100,000 $849K No change
JAZZ Jazz Pharmaceuticals PLC 0.08% 7,000 $843K No change
DBRG Digitalbridge Group Inc. 0.08% 43,278 $834K Add +20.7%
DLR Digital Realty Trust Inc. 0.08% 5,707 $822K Reduce -10.3%
TAK Takeda Pharmaceutic-SP ADR 0.08% 57,000 $792K No change
HE Hawaiian Electric Inds 0.08% 70,000 $789K No change
CTVA Corteva Inc. 0.07% 13,646 $787K No change
AMT American Tower Corp. 0.07% 3,892 $769K Reduce -12.2%
EQIX Equinix Inc. 0.07% 851 $702K Add +47.0%
GIS General Mills Inc. 0.07% 10,000 $700K No change
MGM MGM Resorts International 0.06% 13,809 $652K Add +15.1%
SPG Simon Property Group Inc. 0.06% 4,075 $638K New
MAC The Macerich Co. 0.06% 35,727 $616K Add +95.2%
IIPR Innovative Industrial Proper 0.05% 5,059 $524K No change
WBD Warner Bros Discovery Inc. 0.05% 60,000 $524K No change
NFE New Fortress Energy Inc. 0.05% 16,177 $495K Add +2.5%
SNOW Snowflake Inc. 0.05% 3,000 $485K No change
BX Blackstone Inc. 0.04% 3,455 $454K New
XYZ Block Inc. 0.04% 5,000 $423K No change
CZR Caesars Entertainment Inc. 0.04% 9,063 $396K Reduce -14.8%
PLD Prologis Inc. 0.03% 2,701 $352K No change
ARE Alexandria Real Estate Equit 0.03% 2,527 $326K Reduce -20.9%
FLG New York Community Bancorp 0.03% 100,000 $322K New
CDZI Cadiz Inc. 0.02% 82,748 $240K No change
REXR Rexford Industrial Realty Inc. 0.02% 4,735 $238K Reduce -17.0%
EXR Extra Space Storage Inc. 0.02% 1,610 $237K No change
COLD Americold Realty Trust Inc. 0.02% 9,477 $236K Reduce -22.5%
BIPC Brookfield Infrastructure-A 0.02% 6,427 $232K Add +6.3%
CUBE Cubesmart 0.02% 4,800 $217K No change
VTR Ventas Inc. 0.02% 4,838 $211K New

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