American Assets Investment Management, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 5, 2024), American Assets Investment Management, LLC reported 160 stock positions worth $1.1 billion. Its top holding was Exxon Mobil (XOM) at 4.6% of the portfolio, followed by Apple (AAPL, 4.3%) and Bank of America (BAC, 3.9%). Compared with Q2 2024, it opened 2 new positions, sold out of 3, added to 6 and reduced 5. The biggest buy was a new position in iShares Russell 2000 ETF (IWM) and the biggest sale Rigetti Computing (RGTI, shares −4%).

Most Recent 13F
Q2 2026
Location
SAN DIEGO, CA
CIK
0001389256
Portfolio Value
$1.1B (Q3 2024)
SEC Filing
0001389256-24-000023 ↗ filed Nov 5, 2024

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 $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 160 stocks · $1.1B
XOM Exxon Mobil Corp. 4.62% 450,000 $52.7M No change
AAPL Apple Inc. 4.28% 210,000 $48.9M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 3.92% 1,128,950 $44.8M No change
AAT American Assets Trust Inc. 3.45% 1,475,336 $39.4M No change
MSFT Microsoft Corp. 3.38% 89,650 $38.6M No change
JPM JPMorgan Chase & Co. 3.28% 177,600 $37.4M No change
WFC Wells Fargo & Co. 2.74% 555,000 $31.4M No change
GS Goldman Sachs Group Inc. 2.34% 54,000 $26.7M No change
CVX Chevron Corp. 2.32% 180,000 $26.5M No change
CAT Caterpillar Inc. 1.54% 45,000 $17.6M No change
ESS Essex Property Trust Inc. 1.54% 59,500 $17.6M No change
PSX Phillips 66 1.47% 127,800 $16.8M No change
TFC Truist Financial Corp. 1.44% 384,000 $16.4M No change
LEN Lennar Corp. Class A 1.42% 86,370 $16.2M No change
COF Capital One Financial Corp. 1.30% 99,500 $14.9M No change
SHEL Shell PLC-ADR 1.28% 221,000 $14.6M No change
MRK Merck & Co. Inc. 1.24% 125,000 $14.2M No change
WMT Walmart Inc. 1.14% 162,000 $13.1M No change
RY Royal Bank of Canada 1.13% 103,500 $12.9M No change
USB US Bancorp 1.08% 270,000 $12.3M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.06% 55,000 $12.2M No change
ABBV Abbvie Inc. 1.04% 60,294 $11.9M No change
KR Kroger Co. 1.03% 206,150 $11.8M No change
AMGN Amgen Inc. 0.99% 35,190 $11.3M No change
PNC PNC Financial Services Group 0.97% 60,000 $11.1M No change
UL Unilever PLC 0.97% 170,000 $11.0M No change
KO The Coca-Cola Co. 0.94% 150,060 $10.8M No change
NVS Novartis AG-Sponsored ADR 0.94% 93,610 $10.8M No change
LLY Eli Lilly & Co. 0.93% 12,000 $10.6M No change
TD Toronto-Dominion Bank 0.91% 165,000 $10.4M Add +6.5%
TSM Taiwan Semiconductor-SP ADR 0.91% 60,000 $10.4M No change
GE General Electric filed as GE AEROSPACE 0.87% 52,500 $9.9M No change
C Citigroup Inc. 0.86% 156,400 $9.8M No change
PRU Prudential Financial Inc. 0.85% 80,459 $9.7M No change
TTE Totalenergies SE -Spon ADR 0.85% 150,000 $9.7M No change
MS Morgan Stanley 0.84% 92,000 $9.6M No change
FDX FedEx Corp. 0.84% 35,000 $9.6M No change
EIX Edison International 0.76% 100,000 $8.7M No change
CEG Constellation Energy 0.76% 33,333 $8.7M No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.76% 96,000 $8.7M No change
MET Metlife Inc. 0.75% 103,304 $8.5M No change
DE Deere & Co. 0.73% 20,000 $8.3M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.72% 115,000 $8.3M No change
GOOGL Alphabet Inc. Class A 0.71% 49,000 $8.1M No change
JNJ Johnson & Johnson 0.71% 50,000 $8.1M No change
NOC Northrop Grumman Corp. 0.69% 15,000 $7.9M No change
SRE Sempra 0.67% 92,000 $7.7M No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.66% 166,918 $7.5M No change
STT State Street Corp. 0.66% 85,000 $7.5M No change
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.65% 100,000 $7.4M No change
COP Conocophillips 0.64% 70,000 $7.4M No change
PNW Pinnacle West Capital 0.64% 83,000 $7.4M No change
CB Chubb Ltd. 0.63% 25,000 $7.2M No change
PEP Pepsico Inc. 0.59% 39,800 $6.8M No change
BMY Bristol-Myers Squibb Co. 0.57% 127,000 $6.6M No change
MDT Medtronic PLC 0.56% 71,632 $6.4M No change
MCHP Microchip Technology Inc. 0.56% 80,000 $6.4M No change
PFE Pfizer Inc. 0.56% 220,000 $6.4M No change
RGTI Rigetti Computing Inc. 0.55% 8,080,579 $6.3M Reduce -4.3%
VZ Verizon Communications Inc. 0.55% 140,000 $6.3M No change
AEP American Electric Power 0.54% 60,000 $6.2M No change
JEF Jefferies Financial Group Inc. 0.54% 100,000 $6.2M No change
PPG PPG Industries Inc. 0.52% 45,250 $6.0M No change
URI United Rentals Inc. 0.50% 7,000 $5.7M No change
SCHW Schwab (charles) Corp. 0.49% 86,674 $5.6M No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.48% 100,000 $5.4M No change
NTRS Northern Trust Corp. 0.47% 60,000 $5.4M No change
HLT Hilton Worldwide Holdings Inc. 0.47% 23,332 $5.4M No change
TM Toyota Motor Corp. -Spon ADR 0.47% 30,000 $5.4M No change
AMP Ameriprise Financial Inc. 0.46% 11,250 $5.3M No change
GEV GE Vernova Inc. 0.45% 20,005 $5.1M No change
CVS CVS Health Corp. 0.44% 80,000 $5.0M No change
DGX Quest Diagnostics Inc. 0.43% 32,000 $5.0M No change
AMD Advanced Micro Devices 0.43% 30,000 $4.9M No change
NRG NRG Energy Inc. 0.42% 53,146 $4.8M No change
WEC WEC Energy Group Inc. 0.42% 50,000 $4.8M No change
DD Dupont DE Nemours Inc. 0.42% 53,943 $4.8M No change
SNY Sanofi-ADR 0.40% 80,000 $4.6M No change
XEL Xcel Energy Inc. 0.40% 70,000 $4.6M No change
BA The Boeing Co. 0.40% 30,000 $4.6M No change
MDLZ Mondelez International Inc. Class A 0.39% 61,010 $4.5M No change
NEE Nextera Energy Inc. 0.37% 50,000 $4.2M No change
WDC Western Digital Corp. 0.36% 60,000 $4.1M No change
ALLY Ally Financial Inc. 0.36% 115,000 $4.1M No change
EXC Exelon Corp. 0.35% 100,000 $4.1M No change
LH Labcorp Holdings Inc. 0.35% 18,000 $4.0M No change
SBUX Starbucks Corp. 0.34% 40,000 $3.9M No change
BIIB Biogen Inc. 0.34% 20,000 $3.9M No change
DOW Dow Inc. 0.33% 69,044 $3.8M No change
DUK Duke Energy Corp. 0.33% 32,666 $3.8M No change
UNP Union Pacific Corp. 0.32% 15,000 $3.7M No change
AIG American International Group 0.32% 50,000 $3.7M No change
HCA HCA Healthcare Inc. 0.32% 9,000 $3.7M No change
RTX RTX Corp. 0.32% 30,000 $3.6M No change
ET Energy Transfer LP 0.32% 225,800 $3.6M No change
UTHR United Therapeutics Corp. 0.31% 10,000 $3.6M No change
IWM iShares Russell 2000 ETF 0.31% 16,000 $3.5M New
CI The Cigna Group 0.30% 10,040 $3.5M No change
ABT Abbott Laboratories 0.30% 30,500 $3.5M No change
SYK Stryker Corp. 0.28% 9,000 $3.3M No change

Show all 160 holdings

Portfolio Sells Q2 2024 → Q3 2024
RGTI Rigetti Computing Inc. Reduce -4.3% 0.55% −0.29
INTC Intel Corp. Reduce -50.0% 0.10% −0.19
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −0.12
HE Hawaiian Electric Inds Sold out 0.00% −0.06
FIP Ftai Infrastructure Inc. Reduce -24.8% 0.13% −0.04
IIPR Innovative Industrial Proper Reduce -39.6% 0.08% −0.04
CZR Caesars Entertainment Inc. Sold out 0.00% −0.03
FTAI Ftai Aviation Ltd. Reduce -25.4% 0.12% −0.01

Portfolio Buys Q2 2024 → Q3 2024
IWM iShares Russell 2000 ETF New 0.31% +0.31
BCE Bce Inc. New 0.20% +0.20
TD Toronto-Dominion Bank Add +6.5% 0.91% +0.12
WYNN WYNN Resorts Ltd. Add +38.6% 0.26% +0.07
UPS United Parcel Service Class B Add +50.0% 0.18% +0.05
MGM MGM Resorts International Add +124.3% 0.09% +0.04
DBRG Digitalbridge Group Inc. Add +55.5% 0.08% +0.03
NFE New Fortress Energy Inc. Add +101.6% 0.09% −0.03

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