Ar Asset Management Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Ar Asset Management Inc. reported 109 stock positions worth $435.7 million. Its top holding was Apple (AAPL) at 12.8% of the portfolio, followed by Chevron (CVX, 4.4%) and Philip Morris International (PM, 4.1%). Compared with Q4 2024, it opened 4 new positions, sold out of 2, added to 8 and reduced 2. The biggest buy was Rexford Industrial Realty (REXR, shares +110%) and the biggest sale an exit from Target (TGT).

Most Recent 13F
Q2 2026
Location
WEST HOLLYWOOD, CA
CIK
0001080166
Portfolio Value
$435.7M (Q1 2025)
SEC Filing
0001080166-25-000004 ↗ filed May 13, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $405.0M Q1 2024 Q2 2024: $410.1M Q2 2024 Q3 2024: $444.6M Q3 2024 Q4 2024: $436.7M Q4 2024 Q1 2025: $435.7M $435.7M Q1 2025 Q2 2025: $444.9M Q2 2025 Q3 2025: $469.2M Q3 2025 Q4 2025: $484.5M Q4 2025 Q1 2026: $512.2M Q1 2026 Q2 2026: $541.1M Q2 2026

Holdings 109 stocks · $435.7M
AAPL Apple Inc. 12.83% 251,563 $55.9M Reduce -0.0%
CVX Chevron Corp. 4.35% 113,364 $19.0M No change
PM Philip Morris International 4.06% 111,528 $17.7M No change
JPM JPMorgan Chase & Co. 3.38% 60,046 $14.7M No change
BRK.A Berkshire Hathaway Inc. Class A 3.30% 18 $14.4M No change
MRK Merck & Co. Inc. 3.20% 155,470 $14.0M Add +15.9%
PG The Procter & Gamble Co. 2.93% 74,809 $12.7M No change
KO The Coca-Cola Co. 2.80% 170,531 $12.2M No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 2.58% 130,600 $11.2M No change
BRK.B Berkshire Hathaway Inc. Class B 2.51% 20,518 $10.9M No change
GOOG Alphabet Inc. Class C 2.34% 65,390 $10.2M No change
MSFT Microsoft Corp. 2.09% 24,279 $9.1M No change
ABBV Abbvie Inc. 2.07% 42,960 $9.0M No change
NVDA Nvidia Corp. 2.06% 82,810 $9.0M Add +0.6%
SKT Tanger Inc. 1.84% 237,050 $8.0M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.80% 31,452 $7.8M No change
L Loews Corp. 1.64% 77,917 $7.2M No change
HD Home Depot Inc. 1.62% 19,250 $7.1M No change
WMT Walmart Inc. 1.62% 80,300 $7.0M No change
KMI Kinder Morgan Inc. 1.59% 243,220 $6.9M No change
AMZN Amazon.com Inc. 1.49% 34,155 $6.5M Add +26.7%
PEP Pepsico Inc. 1.45% 42,209 $6.3M No change
MO Altria Group Inc. 1.42% 103,051 $6.2M No change
EPD Enterprise Products Partners 1.38% 175,810 $6.0M Add +12.8%
ZTS Zoetis Inc. 1.28% 33,864 $5.6M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.27% 55,875 $5.5M No change
GM General Motors Co. 1.23% 113,540 $5.3M No change
JNJ Johnson & Johnson 1.18% 31,103 $5.2M Reduce -0.3%
BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP 1.15% 72,760 $5.0M No change
NKE Nike Inc. Class B 1.15% 78,770 $5.0M Add +3.3%
DEO Diageo PLC-Sponsored ADR 1.07% 44,310 $4.6M No change
AON Aon Corp.-W/I filed as AON PLC 1.06% 11,618 $4.6M No change
VZ Verizon Communications Inc. 1.04% 100,259 $4.5M No change
CB Chubb Ltd. 1.03% 14,906 $4.5M No change
RHHBY Roche Holdings Ltd.-Spons ADR 1.02% 108,000 $4.4M No change
PFE Pfizer Inc. 0.92% 157,965 $4.0M Add +17.0%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.90% 54,500 $3.9M No change
BMY Bristol-Myers Squibb Co. 0.84% 59,774 $3.6M No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.78% 103,850 $3.4M No change
GIS General Mills Inc. 0.77% 56,000 $3.3M No change
DLR Digital Realty Trust Inc. 0.75% 22,840 $3.3M No change
MDLZ Mondelez International Inc. Class A 0.71% 45,500 $3.1M No change
BTI British American Tob-SP ADR 0.57% 59,864 $2.5M No change
REXR Rexford Industrial Realty Inc. 0.54% 60,100 $2.4M Add +110.1%
RTX RTX Corp. 0.53% 17,400 $2.3M No change
COP Conocophillips 0.52% 21,700 $2.3M No change
CAT Caterpillar Inc. 0.51% 6,700 $2.2M No change
MCD McDonald's Corp. 0.50% 7,000 $2.2M No change
KKR KKR & Co. Inc. 0.48% 18,000 $2.1M No change
SRE Sempra 0.47% 29,000 $2.1M No change
CI The Cigna Group 0.45% 5,932 $2.0M No change
STZ Constellation Brands Inc. Class A 0.44% 10,525 $1.9M No change
KMB Kimberly-Clark Corp. 0.44% 13,520 $1.9M No change
TXN Texas Instruments Inc. 0.41% 10,000 $1.8M No change
UNP Union Pacific Corp. 0.41% 7,500 $1.8M No change
NSRGY Nestle SA-Spons ADR 0.39% 17,000 $1.7M No change
CL Colgate-Palmolive Co. 0.39% 18,000 $1.7M No change
TSM Taiwan Semiconductor-SP ADR 0.39% 10,121 $1.7M Add +1.1%
UNH Unitedhealth Group Inc. 0.37% 3,090 $1.6M No change
PSX Phillips 66 0.36% 12,600 $1.6M No change
BX Blackstone Inc. 0.35% 11,000 $1.5M No change
XOM Exxon Mobil Corp. 0.32% 11,700 $1.4M No change
MS Morgan Stanley 0.31% 11,400 $1.3M No change
NVS Novartis AG-Sponsored ADR 0.28% 10,750 $1.2M No change
ABT Abbott Laboratories 0.26% 8,700 $1.2M No change
AEP American Electric Power 0.25% 10,000 $1.1M No change
AVB Avalonbay Communities Inc. 0.25% 5,000 $1.1M No change
F Ford Motor Co. filed as FORD MTR CO 0.24% 104,390 $1.0M New
YUM BRANDS INC (FORMERLY TRICO filed as TRICON GLOBAL RESTAURANTS INC 0.22% 5,960 $938K No change
CARR Carrier Global Corp. 0.21% 14,400 $913K No change
TRV The Travelers Cos Inc. 0.20% 3,264 $863K No change
EW Edwards Lifesciences Corp. 0.19% 11,620 $842K No change
EXPE Expedia Group Inc. 0.19% 4,900 $824K No change
UBER Uber Technologies Inc. 0.18% 11,000 $801K New
EMR Emerson Electric Co. 0.18% 7,130 $782K No change
ZBH Zimmer Biomet Holdings Inc. 0.17% 6,700 $758K No change
SYY Sysco Corp. 0.17% 10,000 $750K No change
OTIS Otis Worldwide Corp. 0.17% 7,200 $743K No change
ASML ASML Holding ADR 0.17% 1,100 $729K No change
NVO Novo-Nordisk A/S-Spons ADR 0.17% 10,500 $729K New
PSA Public Storage 0.16% 2,388 $715K No change
FRT Federal Realty Invs Trust 0.16% 7,000 $685K New
FNF Fidelity National Financial 0.16% 10,458 $681K No change
RL Ralph Lauren Corp. 0.15% 3,000 $662K No change
DRI Darden Restaurants Inc. 0.14% 3,000 $623K No change
USB US Bancorp/First Bank-Old 0.14% 14,610 $617K No change
RIO Rio Tinto PLC-Spon ADR 0.14% 10,000 $601K No change
AZN Astrazeneca PLC-Spons ADR 0.14% 8,000 $588K No change
UPS United Parcel Service Class B 0.13% 5,100 $561K No change
ADM Archer-Daniels-Midland Co. 0.11% 10,172 $488K No change
AMAT Applied Materials Inc. 0.10% 3,075 $446K No change
ONON On Holding AG Class A filed as ON HLDG AG 0.10% 10,000 $439K No change
ORCL Oracle Corp. 0.10% 3,000 $419K No change
ALL Allstate Corp. 0.10% 2,000 $414K No change
BXP BXP Inc. 0.09% 6,000 $403K No change
FIS Fidelity National Info Serv 0.09% 5,364 $401K No change
BP BP PLC-Spons ADR 0.09% 11,642 $393K No change
TOST Toast Inc. Class A 0.09% 11,800 $391K No change
SWRAY Swire Pacific Ltd.-SP ADR A 0.08% 40,000 $354K No change
MET Metlife Inc. 0.07% 4,000 $321K No change

Show all 109 holdings

Other holdings (4): bonds, preferreds, convertibles and warrants · $4.7M (not counted above)
SecurityClassShares / PrincipalValueChange
PRUDENTIAL FINANCIAL INC (PRU 5.625 08/15/58) PFD 73,000$1.7MNo change
BROOKFIELD PROPERTY PART (BPY 6.5 PERP A-1) PREFERRED 100,000$1.4MNo change
PUBLIC STORAGE (PSA 5.15 PERP F) PREFERRED STOCK 40,000$846KNo change
JPMORGAN CHASE & CO (JPM 6 PERP EE) Common Stock 30,000$751KNo change

Total filed on the 13F, all lines: $440.3M.

Portfolio Sells Q4 2024 → Q1 2025
TGT Target Corp. Sold out 0.00% −1.81
AAPL Apple Inc. Reduce -0.0% 12.83% −1.60
A Agilent Technologies Inc. Sold out 0.00% −0.05
JNJ Johnson & Johnson Reduce -0.3% 1.18% +0.15

Portfolio Buys Q4 2024 → Q1 2025
REXR Rexford Industrial Realty Inc. Add +110.1% 0.54% +0.29
EPD Enterprise Products Partners Add +12.8% 1.38% +0.26
F Ford Motor Co. New 0.24% +0.24
UBER Uber Technologies Inc. New 0.18% +0.18
NVO Novo-Nordisk A/S-Spons ADR New 0.17% +0.17
FRT Federal Realty Invs Trust New 0.16% +0.16
MRK Merck & Co. Inc. Add +15.9% 3.20% +0.15
AMZN Amazon.com Inc. Add +26.7% 1.49% +0.14
PFE Pfizer Inc. Add +17.0% 0.92% +0.10
TSM Taiwan Semiconductor-SP ADR Add +1.1% 0.39% −0.07
NKE Nike Inc. Class B Add +3.3% 1.15% −0.17
NVDA Nvidia Corp. Add +0.6% 2.06% −0.47

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 118$541.1MAAPL, GOOG, PM, MRK, JPM
Q1 2026 115$512.2MAAPL, CVX, PM, GOOG, MRK
Q4 2025 111$484.5MAAPL, GOOG, JPM, PM, CVX
Q3 2025 107$469.2MAAPL, JPM, PM, CVX, GOOG
Q2 2025 108$444.9MAAPL, PM, JPM, CVX, IRM
Q1 2025 109$435.7MAAPL, CVX, PM, JPM, BRK.A
Q4 2024 107$436.7MAAPL, CVX, JPM, IRM, PM
Q3 2024 108$444.6MAAPL, CVX, IRM, MRK, PM
Q2 2024 106$410.1MAAPL, CVX, MRK, JPM, PG
Q1 2024 107$405.0MAAPL, CVX, MRK, JPM, PG