Baker Avenue Asset Management, LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Baker Avenue Asset Management, LP reported 410 stock positions worth $3.3 billion. Its top holding was Simpson Manufacturing (SSD) at 7.1% of the portfolio, followed by Apple (AAPL, 5.0%) and Microsoft (MSFT, 3.5%). Compared with Q3 2024, it opened 22 new positions, sold out of 22, added to 240 and reduced 114. The biggest buy was Apple (AAPL, shares +25%) and the biggest sale iShares MSCI USA Quality Fac (QUAL, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001432529
- Portfolio Value
- $3.3B (Q4 2024)
- SEC Filing
- 0001432529-25-000005 ↗ filed Feb 14, 2025
Holdings Value
Holdings 410 stocks · $3.3B
| SSD Simpson Manufacturing Co. Inc. | 7.12% | 1,399,918 | $232.1M | Add +4.7% |
| AAPL Apple Inc. | 5.01% | 652,205 | $163.3M | Add +25.3% |
| MSFT Microsoft Corp. | 3.47% | 268,429 | $113.1M | Add +1.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.77% | 376,195 | $90.4M | Add +0.2% |
| NVDA Nvidia Corp. | 2.70% | 656,057 | $88.1M | Add +1.8% |
| AGG iShares Core U.S. Aggregate | 2.48% | 835,466 | $81.0M | Add +4.5% |
| BND Vanguard Total Bond Market | 2.48% | 1,124,794 | $80.9M | Add +4.6% |
| DFCF Dimensional Core Fixed Inc. | 2.46% | 1,943,387 | $80.2M | Add +4.4% |
| IWF iShares Russell 1000 Growth | 2.39% | 194,448 | $78.1M | Add +0.2% |
| QUAL iShares MSCI USA Quality Fac | 2.36% | 432,354 | $77.0M | Reduce -6.8% |
| SPAB SS SPDR P Agg Bond ETF | 2.18% | 2,850,608 | $71.2M | Add +5.6% |
| IVV iShares Core S&P 500 ETF | 2.14% | 118,723 | $69.9M | Add +8.9% |
| QQQ Invesco QQQ Trust Series 1 | 2.03% | 129,728 | $66.3M | Add +0.7% |
| AMZN Amazon.com Inc. | 2.01% | 298,631 | $65.5M | Add +2.0% |
| VTI VG Morningstar TS MKT ETF-US | 1.88% | 212,132 | $61.5M | Add +20.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.72% | 207,696 | $56.0M | Add +17.4% |
| JPM JPMorgan Chase & Co. | 1.59% | 217,036 | $52.0M | Reduce -1.8% |
| SCHX Schwab US Large-Cap ETF | 1.59% | 2,231,881 | $51.7M | Add +17.0% |
| GOOGL Alphabet Inc. Class A | 1.32% | 227,200 | $43.0M | Add +6.6% |
| EFG iShares MSCI Eafe Growth ETF | 1.29% | 433,935 | $42.0M | Add +0.4% |
| EA Electronic Arts Inc. | 1.27% | 284,175 | $41.6M | Reduce -14.9% |
| IVE iShares S&P 500 Value ETF | 1.22% | 208,579 | $39.8M | Add +0.3% |
| PH Parker Hannifin Corp. | 0.98% | 50,122 | $31.9M | Reduce -3.6% |
| VWO Vanguard Ftse Emerging Marke | 0.88% | 649,792 | $28.6M | Add +0.5% |
| ORCL Oracle Corp. | 0.86% | 168,995 | $28.2M | Reduce -0.9% |
| JQUA JPMorgan US Quality Factor | 0.83% | 475,155 | $27.2M | Add +0.1% |
| SCZ iShares MSCI Eafe Small-Cap | 0.81% | 434,697 | $26.4M | Add +1.2% |
| TSLA Tesla Inc. | 0.79% | 63,640 | $25.7M | Add +5.0% |
| ICVT iShares Convertible Bond ETF | 0.71% | 273,244 | $23.2M | Add +11.1% |
| MRVL Marvell Technology Inc. | 0.71% | 209,745 | $23.2M | Reduce -7.7% |
| BG Bunge Global SA | 0.68% | 285,040 | $22.2M | Add +2.8% |
| SHOP Shopify Inc. Class A | 0.66% | 202,260 | $21.5M | Reduce -6.8% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.62% | 472,987 | $20.2M | Add +3.8% |
| USHY iShares Broad Usd High Yield | 0.61% | 540,344 | $19.9M | Add +4.6% |
| RSPT Invesco S&P 500 Equal Weight | 0.61% | 530,045 | $19.8M | Add +4.3% |
| RSP Invesco S&P 500 Equal Weight | 0.60% | 112,087 | $19.6M | Add +1.7% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.60% | 507,089 | $19.4M | Add +2.1% |
| META Meta Platforms Inc. Class A | 0.59% | 32,626 | $19.1M | Add +0.3% |
| EMB iShares JP Morgan Usd Emergi | 0.58% | 213,650 | $19.0M | Add +3.0% |
| CAT Caterpillar Inc. | 0.58% | 51,759 | $18.8M | Add +1.6% |
| ABBV Abbvie Inc. | 0.58% | 105,599 | $18.8M | Reduce -4.1% |
| CRM Salesforce Inc. | 0.57% | 55,863 | $18.7M | Reduce -3.7% |
| NFLX Netflix Inc. | 0.57% | 20,713 | $18.5M | Reduce -18.3% |
| AMAT Applied Materials Inc. | 0.54% | 108,189 | $17.6M | Add +2.2% |
| GE General Electric filed as GE AEROSPACE | 0.53% | 104,309 | $17.4M | Add +1.8% |
| HOOD Robinhood Markets Inc. Class A | 0.52% | 456,908 | $17.0M | Reduce -1.6% |
| JCI Johnson Controls Internation | 0.50% | 205,415 | $16.2M | Reduce -0.2% |
| EWW iShares MSCI Mexico ETF | 0.48% | 337,655 | $15.8M | Add +2.6% |
| ETN Eaton Corp. PLC | 0.48% | 47,467 | $15.8M | Reduce -0.2% |
| UBS UBS Group AG-Reg | 0.48% | 517,408 | $15.7M | Add +1.0% |
| XOM Exxon Mobil Corp. | 0.47% | 142,764 | $15.4M | Add +3.0% |
| LRCX Lam Research Corp. | 0.45% | 204,619 | $14.8M | Add +1.5% |
| MRSH Marsh & McLennan Cos | 0.44% | 68,264 | $14.5M | Add +0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.44% | 65,722 | $14.4M | Add +70.3% |
| UBER Uber Technologies Inc. | 0.44% | 238,172 | $14.4M | Add +26.3% |
| LIN Linde PLC | 0.43% | 33,123 | $13.9M | Add +1.6% |
| EWJ iShares MSCI Japan ETF | 0.42% | 202,295 | $13.6M | Add +0.7% |
| TXN Texas Instruments Inc. | 0.42% | 72,351 | $13.6M | Add +0.0% |
| LLY Eli Lilly & Co. | 0.38% | 15,871 | $12.3M | Add +0.4% |
| QCOM Qualcomm Inc. | 0.37% | 78,270 | $12.0M | Add +8.4% |
| MBB iShares MBS ETF | 0.37% | 129,958 | $11.9M | Add +3.8% |
| IGV iShares Expanded Tech-Softwa | 0.33% | 107,758 | $10.8M | Reduce -1.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.33% | 18,150 | $10.6M | Add +26.8% |
| HD Home Depot Inc. | 0.32% | 27,203 | $10.6M | Add +1.9% |
| BABA Alibaba Group Holding-SP ADR | 0.32% | 124,117 | $10.5M | Add +5.4% |
| TMO Thermo Fisher Scientific Inc. | 0.32% | 19,901 | $10.4M | Reduce -5.0% |
| AMD Advanced Micro Devices | 0.31% | 84,305 | $10.2M | Add +0.1% |
| APH Amphenol Corp. Class A | 0.30% | 139,234 | $9.7M | Reduce -1.2% |
| IHI iShares U.S. Medical Devices | 0.29% | 164,253 | $9.6M | Add +1.8% |
| COST Costco Wholesale Corp. | 0.29% | 10,191 | $9.3M | Add +0.3% |
| GOOG Alphabet Inc. Class C | 0.28% | 47,247 | $9.0M | Add +39.8% |
| SCHW Schwab (charles) Corp. | 0.28% | 121,194 | $9.0M | Add +1.4% |
| EOG EOG Resources Inc. | 0.27% | 73,166 | $9.0M | Add +0.4% |
| JEPI JPMorgan Equity Premium Inco | 0.27% | 154,407 | $8.9M | Add +2.7% |
| FCX Freeport-McMoran Inc. | 0.27% | 232,890 | $8.9M | Add +5.7% |
| MLPX Global X MLP & Energy Infras | 0.27% | 145,818 | $8.8M | Add +0.7% |
| DGRO iShares Core Dividend Growth | 0.27% | 142,506 | $8.7M | Add +3.5% |
| XLE SS Energy Select Sector | 0.27% | 101,389 | $8.7M | Add +0.2% |
| FANG Diamondback Energy Inc. | 0.26% | 52,254 | $8.6M | New |
| ISRG Intuitive Surgical Inc. | 0.26% | 16,233 | $8.5M | Add +1.4% |
| FLEX Flex Ltd. | 0.26% | 219,693 | $8.4M | Reduce -1.3% |
| VMC Vulcan Materials Co. | 0.26% | 32,402 | $8.3M | Add +259.4% |
| AFL Aflac Inc. | 0.25% | 79,058 | $8.2M | Add +0.2% |
| NEE Nextera Energy Inc. | 0.25% | 112,786 | $8.1M | Add +50.3% |
| XLK SS Technology Select Sector | 0.24% | 34,219 | $8.0M | Add +8.0% |
| UPS United Parcel Service Class B | 0.24% | 62,977 | $7.9M | Reduce -0.6% |
| DEM Wisdomtree Emerging Markets | 0.24% | 193,871 | $7.8M | Add +6.6% |
| NSC Norfolk Southern Corp. | 0.24% | 33,275 | $7.8M | Add +5.3% |
| MCD McDonald's Corp. | 0.24% | 26,517 | $7.7M | Reduce -0.2% |
| XLY SS Consumer Disc Select Sect | 0.23% | 33,793 | $7.6M | Add +476.9% |
| GII State Street SPDR S&P Global | 0.23% | 125,269 | $7.4M | Add +32.9% |
| SYY Sysco Corp. | 0.22% | 94,557 | $7.2M | Add +3.5% |
| NDAQ Nasdaq Inc. | 0.22% | 93,292 | $7.2M | Add +0.3% |
| PYPL PayPal Holdings Inc. | 0.21% | 81,925 | $7.0M | Add +14.9% |
| XLRE SS Real Estate Select Sector | 0.21% | 168,328 | $6.8M | Add +171.1% |
| IGM iShares Expanded Tech Sector | 0.21% | 66,892 | $6.8M | Add +14.8% |
| FBND Fidelity Total Bond ETF | 0.20% | 149,055 | $6.7M | Add +1.4% |
| GS Goldman Sachs Group Inc. | 0.20% | 11,630 | $6.7M | Reduce -0.5% |
| IWD iShares Russell 1000 Value E | 0.20% | 35,525 | $6.6M | Reduce -0.3% |
| VRT Vertiv Holdings Co. Class A | 0.20% | 57,879 | $6.6M | Reduce -6.8% |
Options reported separately and not counted above: AMZN puts ($1.8M), QQQ puts ($959K), DIA puts ($598K), SMH puts ($398K), GLD puts ($248K), TSM puts ($160K), IWM puts ($128K), TSLA puts ($101K), SPY puts ($68K), GDDY puts ($33K), NFLX puts ($29K).
Portfolio Sells Q3 2024 → Q4 2024
| QUAL iShares MSCI USA Quality Fac | Reduce -6.8% | 2.36% | −0.28 |
| DOW Dow Inc. | Reduce -92.4% | 0.02% | −0.27 |
| EA Electronic Arts Inc. | Reduce -14.9% | 1.27% | −0.25 |
| INTC Intel Corp. | Reduce -75.4% | 0.06% | −0.23 |
| DVN Devon Energy Corp. | Reduce -83.5% | 0.02% | −0.15 |
| ABBV Abbvie Inc. | Reduce -4.1% | 0.58% | −0.12 |
| FALN iShares Fallen Angels ETF | Reduce -48.6% | 0.09% | −0.10 |
| TMO Thermo Fisher Scientific Inc. | Reduce -5.0% | 0.32% | −0.09 |
| BP BP PLC-Spons ADR | Reduce -86.5% | 0.01% | −0.08 |
| JNK SS SPDR BB High Yield Bond | Reduce -43.6% | 0.09% | −0.08 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -43.8% | 0.09% | −0.07 |
| EIX Edison International | Sold out | 0.00% | −0.07 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -42.0% | 0.09% | −0.07 |
| PGHY Invesco Global Ex US High Yi | Reduce -40.5% | 0.09% | −0.07 |
| PH Parker Hannifin Corp. | Reduce -3.6% | 0.98% | −0.07 |
| ORCL Oracle Corp. | Reduce -0.9% | 0.86% | −0.06 |
| HAL Halliburton Co. | Reduce -60.5% | 0.03% | −0.05 |
| SHEL Shell PLC-ADR | Reduce -33.5% | 0.07% | −0.05 |
| HCA HCA Healthcare Inc. | Reduce -1.4% | 0.11% | −0.05 |
| LOW Lowe's Cos Inc. | Reduce -54.9% | 0.03% | −0.04 |
| ITUB Itau Unibanco H-Spon PRF ADR | Reduce -38.2% | 0.03% | −0.04 |
| UPS United Parcel Service Class B | Reduce -0.6% | 0.24% | −0.03 |
| ZTS Zoetis Inc. | Reduce -0.3% | 0.12% | −0.03 |
| ABNB Airbnb Inc. Class A | Reduce -25.4% | 0.09% | −0.03 |
| CPNG Coupang Inc. | Reduce -3.8% | 0.13% | −0.03 |
| HLIT Harmonic Inc. | Sold out | 0.00% | −0.03 |
| ARI Apollo Commercial Real Estat | Reduce -47.1% | 0.02% | −0.03 |
| MCD McDonald's Corp. | Reduce -0.2% | 0.24% | −0.02 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.02 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -15.4% | 0.07% | −0.02 |
| ETN Eaton Corp. PLC | Reduce -0.2% | 0.48% | −0.02 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.02 |
| COP Conocophillips | Reduce -2.1% | 0.13% | −0.02 |
| BURL Burlington Stores Inc. | Reduce -15.7% | 0.11% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -68.1% | 0.01% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -0.3% | 0.20% | −0.01 |
| VNQ Vanguard Real Estate ETF | Sold out | 0.00% | −0.01 |
| JNJ Johnson & Johnson | Reduce -1.0% | 0.07% | −0.01 |
| XLV SS Health Care Select Sector | Reduce -5.9% | 0.05% | −0.01 |
| CVX Chevron Corp. | Reduce -3.3% | 0.13% | −0.01 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.01 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −0.01 |
| JCI Johnson Controls Internation | Reduce -0.2% | 0.50% | −0.01 |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | Reduce -4.0% | 0.07% | −0.01 |
| PPL PPL Corp. | Sold out | 0.00% | −0.01 |
| PFE Pfizer Inc. | Reduce -20.5% | 0.02% | −0.01 |
| LHX L3HARRIS Technologies Inc. | Sold out | 0.00% | −0.01 |
| MCK McKesson Corp. | Sold out | 0.00% | −0.01 |
| CDW CDW Corp. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| AAPL Apple Inc. | Add +25.3% | 5.01% | +1.16 |
| VTI VG Morningstar TS MKT ETF-US | Add +20.3% | 1.88% | +0.30 |
| TSLA Tesla Inc. | Add +5.0% | 0.79% | +0.28 |
| AMZN Amazon.com Inc. | Add +2.0% | 2.01% | +0.28 |
| FANG Diamondback Energy Inc. | New | 0.26% | +0.26 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +17.4% | 1.72% | +0.24 |
| NVDA Nvidia Corp. | Add +1.8% | 2.70% | +0.22 |
| SCHX Schwab US Large-Cap ETF | Add +17.0% | 1.59% | +0.22 |
| GOOGL Alphabet Inc. Class A | Add +6.6% | 1.32% | +0.20 |
| XLY SS Consumer Disc Select Sect | Add +476.9% | 0.23% | +0.20 |
| VMC Vulcan Materials Co. | Add +259.4% | 0.26% | +0.18 |
| IBM Intl Business Machines Corp. | Add +70.3% | 0.44% | +0.17 |
| IVV iShares Core S&P 500 ETF | Add +8.9% | 2.14% | +0.15 |
| XLRE SS Real Estate Select Sector | Add +171.1% | 0.21% | +0.12 |
| DWX State Street SPDR S&P Intern | Add +136.2% | 0.20% | +0.10 |
| GOOG Alphabet Inc. Class C | Add +39.8% | 0.28% | +0.10 |
| TMUS T-Mobile US Inc. | New | 0.09% | +0.09 |
| RSPF Invesco S&P 500 Equal Weight | New | 0.09% | +0.09 |
| IWF iShares Russell 1000 Growth | Add +0.2% | 2.39% | +0.08 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +1071.2% | 0.08% | +0.08 |
| DOCU Docusign Inc. | Add +782.8% | 0.08% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +26.8% | 0.33% | +0.07 |
| JD Jd.com Inc.-ADR | New | 0.06% | +0.06 |
| ICVT iShares Convertible Bond ETF | Add +11.1% | 0.71% | +0.06 |
| PGX Invesco Preferred ETF | Add +81.9% | 0.15% | +0.06 |
| NEE Nextera Energy Inc. | Add +50.3% | 0.25% | +0.05 |
| C Citigroup Inc. | New | 0.04% | +0.04 |
| GII State Street SPDR S&P Global | Add +32.9% | 0.23% | +0.04 |
| ITT Itt Inc. | New | 0.04% | +0.04 |
| AVGO Broadcom Inc. | Add +9.0% | 0.14% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.7% | 2.03% | +0.04 |
| PYPL PayPal Holdings Inc. | Add +14.9% | 0.21% | +0.04 |
| HUBS HubSpot Inc. | Add +6.1% | 0.14% | +0.04 |
| CDNS Cadence Design SYS Inc. | Add +48.8% | 0.09% | +0.03 |
| XLF SS Financial Select Sector | Add +55.1% | 0.09% | +0.03 |
| IGM iShares Expanded Tech Sector | Add +14.8% | 0.21% | +0.03 |
| IBIT iShares Bitcoin Trust ETF | Add +14.4% | 0.08% | +0.03 |
| DECK Deckers Outdoor Corp. | Add +11.0% | 0.11% | +0.03 |
| SCHW Schwab (charles) Corp. | Add +1.4% | 0.28% | +0.03 |
| RIVN Rivian Automotive Inc. Class A | Add +11.1% | 0.12% | +0.03 |
| WYNN WYNN Resorts Ltd. | New | 0.02% | +0.02 |
| MLPX Global X MLP & Energy Infras | Add +0.7% | 0.27% | +0.02 |
| IYW iShares Ustechnology ETF | Add +14.3% | 0.14% | +0.02 |
| ZM Zoom Communications Inc. | Add +14.3% | 0.08% | +0.02 |
| UCO Proshares Ultra Bloomberg CR | Add +80.0% | 0.04% | +0.02 |
| KCE SS SPDR S&P Cap MKTS ETF | Add +10.8% | 0.11% | +0.02 |
| XLK SS Technology Select Sector | Add +8.0% | 0.24% | +0.02 |
| AMTM Amentum Holdings Inc. | New | 0.02% | +0.02 |
| ANET Arista Networks Inc. | Add +7.0% | 0.09% | +0.01 |
| SGOV iShares 0-3 Month Treasury B | Add +38.4% | 0.06% | +0.01 |
Options Activity Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | put | New | 200,000 | $1.8M |
| QQQ Invesco QQQ Trust Series 1 | put | Add +114.3% | 150,000 | $959K |
| DIA SS SPDR Dow Jones Indus Avg | put | Add +13.2% | 150,000 | $598K |
| SMH Vaneck Semiconductor ETF | put | Add +455.6% | 125,000 | $398K |
| SLV iShares Silver Trust | put | Sold out | 465,000 | $386Kbefore exit |
| GDX Vaneck Gold Miners ETF | put | Sold out | 230,000 | $370Kbefore exit |
| GLD SPDR Gold Shares | put | Reduce -47.4% | 100,000 | $248K |
| TSM Taiwan Semiconductor-SP ADR | put | Reduce -75.6% | 25,000 | $160K |
| NVDA Nvidia Corp. | put | Sold out | 202,500 | $135Kbefore exit |
| IWM iShares Russell 2000 ETF | put | Reduce -44.4% | 50,000 | $128K |
| TSLA Tesla Inc. | put | Add +588.9% | 155,000 | $101K |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -46.4% | 75,000 | $68K |
| EA Electronic Arts Inc. | put | Sold out | 40,000 | $62Kbefore exit |
| GDDY GoDaddy Inc. Class A | put | New | 30,000 | $33K |
| NFLX Netflix Inc. | put | New | 10,000 | $29K |
| CGC Canopy Growth Corp. | call | Sold out | 20,000 | $25Kbefore exit |
| MSFT Microsoft Corp. | call | Sold out | 10,200 | $5Kbefore exit |
| AMZN Amazon.com Inc. | call | Sold out | 14,000 | $3Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 810 | $5.3B | AAPL, NVDA, SSD, MSFT, VB |
| Q1 2026 | 747 | $4.4B | AAPL, NVDA, SSD, MSFT, VB |
| Q4 2025 | 624 | $4.3B | AAPL, NVDA, SSD, MSFT, VB |
| Q3 2025 | 600 | $4.2B | NVDA, AAPL, SSD, MSFT, VB |
| Q2 2025 | 482 | $3.5B | SSD, AAPL, MSFT, NVDA, VB |
| Q1 2025 | 449 | $3.2B | SSD, AAPL, MSFT, AGG, VB |
| Q4 2024 | 410 | $3.3B | SSD, AAPL, MSFT, VB, NVDA |
| Q3 2024 | 410 | $3.2B | SSD, AAPL, MSFT, VB, QUAL |
| Q2 2024 | 362 | $2.9B | SSD, MSFT, AAPL, VB, QUAL |
| Q1 2024 | 354 | $2.6B | MSFT, VB, AAPL, QUAL, BND |