American Assets Investment Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), American Assets Investment Management, LLC reported 146 stock positions worth $1.5 billion. Its top holding was Wells Fargo (WFC) at 5.1% of the portfolio, followed by Bank of America (BAC, 4.8%) and Exxon Mobil (XOM, 4.7%). Compared with Q4 2025, it opened 4 new positions, sold out of 3 and reduced 4. The biggest buy was a new position in RBC Bearings (RBC) and the biggest sale an exit from Verizon Communications (VZ).

Most Recent 13F
Q2 2026
Location
SAN DIEGO, CA
CIK
0001389256
Portfolio Value
$1.5B (Q1 2026)
SEC Filing
0001389256-26-000005 ↗ filed May 11, 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 $1.5B Q1 2026 Q2 2026: $1.7B Q2 2026

Holdings 146 stocks · $1.5B
WFC Wells Fargo & Co. 5.08% 940,400 $74.9M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 4.82% 15,224,325 $71.1M No change
XOM Exxon Mobil Corp. 4.72% 410,000 $69.6M No change
SHEL Shell PLC-ADR 4.11% 651,000 $60.5M No change
JPM JPMorgan Chase & Co. 3.78% 2,259,400 $55.8M No change
AAPL Apple Inc. 3.62% 210,000 $53.3M No change
GS Goldman Sachs Group Inc. 3.16% 99,000 $46.5M No change
CVX Chevron Corp. 2.53% 180,000 $37.2M No change
MSFT Microsoft Corp. 2.25% 89,650 $33.2M No change
CAT Caterpillar Inc. 2.16% 45,000 $31.9M No change
AAT American Assets Trust Inc. 1.85% 1,477,340 $27.2M No change
PSX Phillips 66 1.62% 130,800 $23.8M No change
RGTI Rigetti Computing Inc. 1.56% 1,639,800 $23.0M No change
TFC Truist Financial Corp. 1.40% 3,384,000 $20.6M No change
TSM Taiwan Semiconductor-SP ADR 1.38% 60,000 $20.3M No change
WMT Walmart Inc. 1.37% 162,000 $20.1M No change
C Citigroup Inc. 1.24% 176,400 $18.3M No change
COF Capital One Financial Corp. 1.23% 99,500 $18.2M No change
GOOGL Alphabet Inc. Class A 1.15% 59,000 $17.0M No change
RY Royal Bank of Canada 1.14% 103,500 $16.7M No change
WDC Western Digital Corp. 1.10% 60,000 $16.2M No change
MS Morgan Stanley 1.10% 132,000 $16.1M No change
TD Toronto-Dominion Bank 1.04% 165,000 $15.4M No change
MRK Merck & Co. Inc. 1.02% 125,000 $15.0M No change
KR Kroger Co. 1.01% 206,150 $14.9M No change
GE General Electric filed as GE AEROSPACE 1.01% 52,500 $14.9M No change
ESS Essex Property Trust Inc. 0.98% 59,500 $14.4M No change
NVS Novartis AG-Sponsored ADR 0.97% 93,610 $14.3M No change
USB US Bancorp 0.95% 270,000 $14.0M No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.93% 166,918 $13.8M No change
TTE Totalenergies SE 0.93% 150,000 $13.7M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.93% 115,000 $13.6M No change
JNJ Johnson & Johnson 0.92% 51,800 $13.6M Reduce -9.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.90% 55,000 $13.3M No change
ABBV Abbvie Inc. 0.89% 60,294 $13.1M No change
BMO Bank of Montreal filed as BANK MONTREAL MEDIUM 0.88% 96,000 $13.0M No change
SNDK Sandisk Corp. 0.86% 20,000 $12.7M No change
PNC PNC Financial Services Group 0.85% 60,000 $12.5M No change
FDX FedEx Corp. 0.85% 35,000 $12.5M No change
AMGN Amgen Inc. 0.84% 35,190 $12.4M No change
GEV GE Vernova Inc. 0.78% 13,125 $11.5M No change
KO The Coca-Cola Co. 0.77% 150,060 $11.4M No change
DE Deere & Co. 0.76% 20,000 $11.3M No change
LLY Eli Lilly & Co. 0.75% 12,000 $11.0M No change
STT State Street Corp. 0.73% 85,000 $10.8M No change
NOC Northrop Grumman Corp. 0.69% 15,000 $10.2M No change
CEG Constellation Energy 0.63% 33,333 $9.3M No change
COP Conocophillips 0.63% 70,000 $9.2M No change
SRE Sempra 0.61% 92,000 $8.9M No change
UL Unilever PLC-Sponsored ADR 0.58% 151,111 $8.6M No change
NTRS Northern Trust Corp. 0.57% 60,000 $8.4M No change
PNW Pinnacle West Capital 0.57% 83,000 $8.4M No change
CB Chubb Ltd. 0.55% 25,000 $8.1M No change
SCHW Schwab (charles) Corp. 0.55% 86,674 $8.1M No change
AEP American Electric Power 0.53% 60,000 $7.9M No change
PRU Prudential Financial Inc. 0.53% 80,459 $7.9M No change
NRG NRG Energy Inc. 0.53% 53,146 $7.8M No change
BMY Bristol-Myers Squibb Co. 0.52% 127,000 $7.7M No change
LEN Lennar Corp. Class A 0.51% 86,370 $7.5M No change
EIX Edison International 0.50% 100,000 $7.3M No change
MET Metlife Inc. 0.50% 103,304 $7.3M No change
HLT Hilton Worldwide Holdings Inc. 0.48% 23,332 $7.1M No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C 0.47% 100,000 $6.9M No change
DGX Quest Diagnostics Inc. 0.43% 32,000 $6.3M No change
MDT Medtronic PLC 0.42% 71,632 $6.2M No change
TM Toyota Motor Corp. -Spon ADR 0.42% 30,000 $6.2M No change
PEP Pepsico Inc. 0.42% 39,800 $6.2M No change
AMD Advanced Micro Devices 0.41% 30,000 $6.1M No change
UTHR United Therapeutics Corp. 0.40% 10,000 $5.9M No change
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.40% 100,000 $5.9M No change
WEC WEC Energy Group Inc. 0.39% 50,000 $5.8M No change
RTX RTX Corp. 0.39% 30,000 $5.8M No change
XEL Xcel Energy Inc. 0.38% 70,000 $5.6M No change
MCHP Microchip Technology Inc. 0.35% 80,000 $5.2M No change
URI United Rentals Inc. 0.35% 7,000 $5.1M No change
AMP Ameriprise Financial Inc. 0.34% 11,250 $5.0M No change
AA Alcoa Corp. 0.34% 75,000 $5.0M No change
CAH Cardinal Health Inc. 0.33% 23,277 $4.9M No change
EXC Exelon Corp. 0.33% 100,000 $4.9M No change
PPG PPG Industries Inc. 0.33% 45,250 $4.8M No change
LH Labcorp Holdings Inc. 0.33% 18,000 $4.8M No change
NEE Nextera Energy Inc. 0.32% 50,000 $4.6M No change
ALLY Ally Financial Inc. 0.31% 115,000 $4.5M No change
ET Energy Transfer LP 0.30% 225,800 $4.4M No change
DUK Duke Energy Corp. 0.29% 32,666 $4.3M No change
HCA HCA Healthcare Inc. 0.29% 9,000 $4.3M No change
KMI Kinder Morgan Inc. 0.28% 125,000 $4.2M No change
JEF Jefferies Financial Group Inc. 0.28% 100,000 $4.1M No change
IWM iShares Russell 2000 ETF 0.27% 16,000 $4.0M No change
SNY Sanofi-ADR 0.26% 80,000 $3.9M No change
AIG American International Group 0.26% 50,000 $3.8M No change
UNP Union Pacific Corp. 0.25% 15,000 $3.6M No change
FE Firstenergy Corp. 0.24% 70,000 $3.5M No change
MDLZ Mondelez International Inc. Class A 0.24% 61,010 $3.5M No change
KVUE Kenvue Inc. 0.23% 200,000 $3.4M No change
JCI Johnson Controls Internation 0.23% 26,200 $3.4M No change
PM Philip Morris International 0.22% 20,000 $3.3M No change
MSGS Madison Square Garden Sports 0.22% 10,000 $3.2M No change
GILD Gilead Sciences Inc. 0.22% 23,000 $3.2M No change
ABT Abbott Laboratories 0.21% 30,500 $3.1M No change

Show all 146 holdings

Portfolio Sells Q4 2025 → Q1 2026
VZ Verizon Communications Inc. Sold out 0.00% −0.39
ADBE Adobe Inc. Sold out 0.00% −0.07
PBI Pitney Bowes Inc. Reduce -93.8% 0.05% −0.05
RIVN Rivian Automotive Inc. Class A Reduce -53.3% 0.06% −0.04
XYZ Block Inc. Sold out 0.00% −0.02
A Agilent Technologies Inc. Reduce -7.7% 0.06% −0.00
JNJ Johnson & Johnson Reduce -9.1% 0.92% +0.11

Portfolio Buys Q4 2025 → Q1 2026
RBC RBC Bearings Inc. New 0.18% +0.18
WHD Cactus Inc. Class A New 0.14% +0.14
LMND Lemonade Inc. New 0.06% +0.06
WAT Waters Corp. New 0.01% +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