Ar Asset Management Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Ar Asset Management Inc. reported 108 stock positions worth $444.9 million. Its top holding was Apple (AAPL) at 11.6% of the portfolio, followed by Philip Morris International (PM, 4.6%) and JPMorgan Chase (JPM, 3.9%). Compared with Q1 2025, it opened 3 new positions, sold out of 4, added to 10 and reduced 6. The biggest buy was Microsoft (MSFT, shares +0%) and the biggest sale an exit from Expedia (EXPE).

Most Recent 13F
Q2 2026
Location
WEST HOLLYWOOD, CA
CIK
0001080166
Portfolio Value
$444.9M (Q2 2025)
SEC Filing
0001080166-25-000005 ↗ filed Aug 6, 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 Q1 2025 Q2 2025: $444.9M $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 108 stocks · $444.9M
AAPL Apple Inc. 11.61% 251,803 $51.7M Add +0.1%
PM Philip Morris International 4.57% 111,528 $20.3M No change
JPM JPMorgan Chase & Co. 3.90% 59,825 $17.3M Reduce -0.4%
CVX Chevron Corp. 3.65% 113,364 $16.2M No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 3.01% 130,600 $13.4M No change
BRK.A Berkshire Hathaway Inc. Class A 2.95% 18 $13.1M No change
NVDA Nvidia Corp. 2.94% 82,780 $13.1M Reduce -0.0%
MRK Merck & Co. Inc. 2.77% 155,470 $12.3M No change
MSFT Microsoft Corp. 2.73% 24,399 $12.1M Add +0.5%
KO The Coca-Cola Co. 2.71% 170,531 $12.1M No change
PG The Procter & Gamble Co. 2.68% 74,809 $11.9M No change
GOOG Alphabet Inc. Class C 2.61% 65,390 $11.6M No change
BRK.B Berkshire Hathaway Inc. Class B 2.24% 20,518 $10.0M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.08% 31,452 $9.3M No change
ABBV Abbvie Inc. 1.79% 42,960 $8.0M No change
WMT Walmart Inc. 1.76% 80,300 $7.9M No change
AMZN Amazon.com Inc. 1.70% 34,425 $7.6M Add +0.8%
SKT Tanger Inc. 1.63% 237,050 $7.2M No change
KMI Kinder Morgan Inc. 1.61% 243,220 $7.2M No change
L Loews Corp. 1.61% 77,917 $7.1M No change
HD Home Depot Inc. 1.59% 19,250 $7.1M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.56% 55,875 $6.9M No change
NKE Nike Inc. Class B 1.45% 90,870 $6.5M Add +15.4%
MO Altria Group Inc. 1.36% 103,051 $6.0M No change
GM General Motors Co. 1.26% 113,540 $5.6M No change
PEP Pepsico Inc. 1.25% 42,209 $5.6M No change
EPD Enterprise Products Partners 1.23% 175,810 $5.5M No change
ZTS Zoetis Inc. 1.19% 33,864 $5.3M No change
BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP 1.10% 72,760 $4.9M No change
JNJ Johnson & Johnson 1.05% 30,597 $4.7M Reduce -1.6%
DEO Diageo PLC-Sponsored ADR 1.00% 44,310 $4.5M No change
RHHBY Roche Holdings Ltd.-Spons ADR 0.99% 108,000 $4.4M No change
VZ Verizon Communications Inc. 0.98% 100,259 $4.3M No change
CB Chubb Ltd. 0.97% 14,906 $4.3M No change
AON Aon Corp.-W/I filed as AON PLC 0.93% 11,618 $4.1M No change
DLR Digital Realty Trust Inc. 0.90% 22,840 $4.0M No change
PFE Pfizer Inc. 0.87% 158,965 $3.9M Add +0.6%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.83% 54,500 $3.7M No change
BMY Bristol-Myers Squibb Co. 0.78% 74,774 $3.5M Add +25.1%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.75% 102,850 $3.4M Reduce -1.0%
MDLZ Mondelez International Inc. Class A 0.69% 45,500 $3.1M No change
GIS General Mills Inc. 0.65% 56,000 $2.9M No change
BTI British American Tob-SP ADR 0.64% 59,864 $2.8M No change
CAT Caterpillar Inc. 0.58% 6,700 $2.6M No change
RTX RTX Corp. 0.57% 17,400 $2.5M No change
KKR KKR & Co. Inc. 0.54% 18,000 $2.4M No change
TSM Taiwan Semiconductor-SP ADR 0.52% 10,121 $2.3M No change
SRE Sempra 0.49% 29,000 $2.2M No change
REXR Rexford Industrial Realty Inc. 0.48% 60,100 $2.1M No change
TXN Texas Instruments Inc. 0.47% 10,000 $2.1M No change
MCD McDonald's Corp. 0.46% 7,000 $2.0M No change
CI The Cigna Group 0.44% 5,932 $2.0M No change
NVO Novo-Nordisk A/S-Spons ADR 0.44% 28,240 $1.9M Add +168.9%
COP Conocophillips 0.44% 21,700 $1.9M No change
STZ Constellation Brands Inc. Class A 0.44% 11,900 $1.9M Add +13.1%
KMB Kimberly-Clark Corp. 0.39% 13,520 $1.7M No change
UNP Union Pacific Corp. 0.39% 7,500 $1.7M No change
NSRGY Nestle SA-Spons ADR 0.38% 17,000 $1.7M No change
BX Blackstone Inc. 0.37% 11,000 $1.6M No change
CL Colgate-Palmolive Co. 0.37% 18,000 $1.6M No change
MS Morgan Stanley 0.36% 11,400 $1.6M No change
PSX Phillips 66 0.34% 12,600 $1.5M No change
NVS Novartis AG-Sponsored ADR 0.29% 10,750 $1.3M No change
XOM Exxon Mobil Corp. 0.28% 11,700 $1.3M No change
ISRG Intuitive Surgical Inc. 0.27% 2,250 $1.2M New
ABT Abbott Laboratories 0.27% 8,700 $1.2M No change
F Ford Motor Co. filed as FORD MTR CO 0.26% 107,890 $1.2M Add +3.4%
ASML ASML Holding ADR 0.24% 1,324 $1.1M Add +20.4%
CARR Carrier Global Corp. 0.24% 14,300 $1.0M Reduce -0.7%
AEP American Electric Power 0.23% 10,000 $1.0M No change
UBER Uber Technologies Inc. 0.23% 11,000 $1.0M No change
AVB Avalonbay Communities Inc. 0.23% 5,000 $1.0M No change
UNH Unitedhealth Group Inc. 0.22% 3,090 $964K No change
EMR Emerson Electric Co. 0.21% 7,130 $951K No change
EW Edwards Lifesciences Corp. 0.20% 11,620 $909K No change
YUM BRANDS INC (FORMERLY TRICO filed as TRICON GLOBAL RESTAURANTS INC 0.20% 5,960 $883K No change
TRV The Travelers Cos Inc. 0.20% 3,264 $873K No change
RL Ralph Lauren Corp. 0.18% 3,000 $823K No change
SYY Sysco Corp. 0.17% 10,000 $757K No change
OTIS Otis Worldwide Corp. 0.16% 7,150 $708K Reduce -0.7%
PSA Public Storage 0.16% 2,388 $701K No change
FRT Federal Realty Invs Trust 0.15% 7,000 $665K No change
USB US Bancorp/First Bank-Old 0.15% 14,610 $661K No change
ORCL Oracle Corp. 0.15% 3,000 $656K No change
DRI Darden Restaurants Inc. 0.15% 3,000 $654K No change
ZBH Zimmer Biomet Holdings Inc. 0.14% 6,700 $611K No change
FNF Fidelity National Financial 0.13% 10,458 $586K No change
RIO Rio Tinto PLC-Spon ADR 0.13% 10,000 $583K No change
AMAT Applied Materials Inc. 0.13% 3,075 $563K No change
AZN Astrazeneca PLC-Spons ADR 0.13% 8,000 $559K No change
ADM Archer-Daniels-Midland Co. 0.12% 10,172 $537K No change
TOST Toast Inc. Class A 0.12% 11,800 $523K No change
ONON On Holding AG Class A filed as ON HLDG AG 0.12% 10,000 $521K No change
UPS United Parcel Service Class B 0.12% 5,100 $515K No change
SNY Sanofi-ADR 0.11% 10,000 $483K New
FIS Fidelity National Info Serv 0.10% 5,364 $437K No change
BXP BXP Inc. 0.09% 6,000 $405K No change
ALL Allstate Corp. 0.09% 2,000 $403K No change
BP BP PLC-Spons ADR 0.08% 11,642 $348K No change
VOD Vodafone Group PLC-SP ADR 0.08% 32,564 $347K No change

Show all 108 holdings

Other holdings (4): bonds, preferreds, convertibles and warrants · $5.1M (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 98,000$1.5MReduce -2.0%
JPMORGAN CHASE & CO (JPM 6 PERP EE) Common Stock 43,000$1.1MAdd +43.3%
PUBLIC STORAGE (PSA 5.15 PERP F) PREFERRED STOCK 40,000$814KNo change

Total filed on the 13F, all lines: $450.0M.

Portfolio Sells Q1 2025 → Q2 2025
EXPE Expedia Group Inc. Sold out 0.00% −0.19
JNJ Johnson & Johnson Reduce -1.6% 1.05% −0.13
HHH Howard Hughes Holdings Inc. Sold out 0.00% −0.07
PPLI People Inc. Sold out 0.00% −0.05
VICI Vici Properties Inc. Reduce -1.0% 0.75% −0.02
MRKR Marker Therapeutics Inc. Sold out 0.00% −0.02
OTIS Otis Worldwide Corp. Reduce -0.7% 0.16% −0.01
CARR Carrier Global Corp. Reduce -0.7% 0.24% +0.03
JPM JPMorgan Chase & Co. Reduce -0.4% 3.90% +0.52
NVDA Nvidia Corp. Reduce -0.0% 2.94% +0.88

Portfolio Buys Q1 2025 → Q2 2025
MSFT Microsoft Corp. Add +0.5% 2.73% +0.64
NKE Nike Inc. Class B Add +15.4% 1.45% +0.30
ISRG Intuitive Surgical Inc. New 0.27% +0.27
NVO Novo-Nordisk A/S-Spons ADR Add +168.9% 0.44% +0.27
AMZN Amazon.com Inc. Add +0.8% 1.70% +0.21
SNY Sanofi-ADR New 0.11% +0.11
ASML ASML Holding ADR Add +20.4% 0.24% +0.07
C Citigroup Inc. New 0.05% +0.05
F Ford Motor Co. Add +3.4% 0.26% +0.02
STZ Constellation Brands Inc. Class A Add +13.1% 0.44% −0.01
PFE Pfizer Inc. Add +0.6% 0.87% −0.05
BMY Bristol-Myers Squibb Co. Add +25.1% 0.78% −0.06
AAPL Apple Inc. Add +0.1% 11.61% −1.21

Notes & Other Activity Q1 2025 → Q2 2025
BROOKFIELD PROPERTY PART (BPY 6.5 PERP A-1) PREFERRED Reduce -2.0% 98,000 $1.5M
JPMORGAN CHASE & CO (JPM 6 PERP EE) Common Stock Add +43.3% 43,000 $1.1M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

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