Brave Asset Management Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 8, 2026), Brave Asset Management Inc. reported 144 stock positions worth $467.5 million. Its top holding was iShares MSCI Eafe Value ETF (EFV) at 13.4% of the portfolio, followed by SS Technology Select Sector (XLK, 11.2%) and iShares Core U.S. Aggregate (AGG, 8.1%). Compared with Q1 2026, it opened 11 new positions, sold out of 22, added to 18 and reduced 51. The biggest buy was SS Technology Select Sector (XLK, shares +2%) and the biggest sale an exit from iShares Gold Trust (IAU).

Most Recent 13F
Q2 2026
Location
Summit, NJ
CIK
0001085867
Portfolio Value
$467.5M (Q2 2026)
SEC Filing
0001172661-26-002526 ↗ filed Jul 8, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $385.2M Q1 2024 Q2 2024: $392.5M Q2 2024 Q3 2024: $402.6M Q3 2024 Q4 2024: $314.5M Q4 2024 Q1 2025: $318.1M Q1 2025 Q2 2025: $367.2M Q2 2025 Q3 2025: $409.4M Q3 2025 Q4 2025: $423.9M Q4 2025 Q1 2026: $420.8M Q1 2026 Q2 2026: $467.5M $467.5M Q2 2026

Holdings 144 stocks · $467.5M
EFV iShares MSCI Eafe Value ETF 13.43% 820,429 $62.8M Add +11.2%
XLK SS Technology Select Sector 11.15% 273,670 $52.1M Add +2.3%
AGG iShares Core U.S. Aggregate 8.10% 382,543 $37.9M Reduce -4.2%
ZD Ziff Davis Inc. 5.27% 470,282 $24.6M No change
AAPL Apple Inc. 5.18% 83,658 $24.2M Reduce -3.9%
SPY SS SPDR S&P 500 ETF Trust-US 5.12% 32,029 $23.9M Add +6.3%
GOOG Alphabet Inc. Class C 4.74% 62,732 $22.2M Add +0.7%
VOO Vanguard S&P 500 ETF 4.67% 31,788 $21.8M Add +0.1%
JPM JPMorgan Chase & Co. 3.36% 47,930 $15.7M Reduce -0.5%
MSFT Microsoft Corp. 3.23% 40,481 $15.1M Add +1.3%
XLV SS Health Care Select Sector 3.08% 90,815 $14.4M Add +3.8%
AMZN Amazon.com Inc. 2.33% 45,652 $10.9M Add +2.6%
VEU Vanguard Ftse All-World Ex-U 2.15% 120,228 $10.1M Add +13.8%
GLW Corning Inc. 1.87% 34,250 $8.7M No change
XLY SS Consumer Disc Select Sect 1.83% 73,097 $8.6M Add +4.1%
XLP SS Consumer Staples Sel Sect 1.42% 80,143 $6.7M Add +5.0%
AXP American Express Co. 1.09% 15,046 $5.1M Reduce -6.3%
GOOGL Alphabet Inc. Class A 0.96% 12,546 $4.5M Reduce -0.2%
BRK.B Berkshire Hathaway Inc. Class B 0.89% 8,290 $4.1M Reduce -0.4%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.74% 76,334 $3.5M Add +4.9%
XOM Exxon Mobil Corp. 0.71% 24,333 $3.3M Add +239.9%
IVE iShares S&P 500 Value ETF 0.64% 13,152 $3.0M Reduce -0.7%
NVDA Nvidia Corp. 0.58% 13,545 $2.7M Add +6.4%
SHY iShares 1-3 Year Treasury Bo 0.55% 31,032 $2.5M New
JNJ Johnson & Johnson 0.47% 8,712 $2.2M Reduce -7.0%
LLY Eli Lilly & Co. 0.45% 1,737 $2.1M No change
CSCO Cisco Systems Inc. 0.42% 16,831 $2.0M Reduce -11.2%
GS Goldman Sachs Group Inc. 0.41% 1,904 $1.9M No change
NOC Northrop Grumman Corp. 0.41% 3,765 $1.9M Add +1.4%
WTM White Mountains Insurance GP 0.41% 924 $1.9M No change
ALL Allstate Corp. 0.40% 7,865 $1.9M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.40% 6,593 $1.9M Reduce -8.8%
MRK Merck & Co. Inc. 0.34% 12,299 $1.6M Reduce -13.2%
KO The Coca-Cola Co. 0.33% 19,103 $1.6M Reduce -9.4%
BAC Bank of America Corp. 0.33% 26,999 $1.5M No change
BX Blackstone Inc. 0.31% 12,419 $1.5M No change
YUM Yum! Brands Inc. 0.29% 8,379 $1.3M Reduce -0.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.27% 5,719 $1.2M No change
TXN Texas Instruments Inc. 0.24% 3,823 $1.1M No change
CRS Carpenter Technology 0.23% 1,760 $1.1M No change
CSX CSX Corp. 0.23% 22,641 $1.1M No change
AMGN Amgen Inc. 0.23% 2,940 $1.1M Reduce -15.2%
MMM 3M Co. 0.23% 6,495 $1.1M No change
PG The Procter & Gamble Co. 0.22% 6,945 $1.0M Reduce -4.3%
AMD Advanced Micro Devices 0.22% 1,740 $1.0M No change
VZ Verizon Communications Inc. 0.22% 23,758 $1.0M Reduce -28.5%
C Citigroup Inc. 0.21% 7,024 $983K Reduce -12.5%
AMAT Applied Materials Inc. 0.20% 1,282 $927K No change
VLO Valero Energy Corp. 0.20% 3,555 $926K No change
APO Apollo Global Management Inc. 0.20% 7,778 $920K No change
TRV The Travelers Cos Inc. 0.19% 2,710 $895K No change
MA Mastercard Inc. Class A 0.19% 1,699 $873K No change
HD Home Depot Inc. 0.19% 2,469 $871K Reduce -4.4%
CRWD CrowdStrike Holdings Inc. Class A 0.18% 1,102 $841K No change
MKL Markel Group Inc. 0.17% 419 $818K Reduce -4.6%
FLEX Flex Ltd. 0.17% 5,000 $810K No change
VGSH Vanguard Short-Term Treasury 0.17% 13,706 $798K Add +81.2%
DE Deere & Co. 0.17% 1,229 $780K No change
META Meta Platforms Inc. Class A 0.16% 1,352 $762K Add +70.7%
VB Vanguard Most SM-Cap ETF-Usd 0.16% 2,506 $760K Add +11.5%
LOW Lowe's Cos Inc. 0.16% 3,445 $760K No change
EMR Emerson Electric Co. 0.16% 5,246 $751K No change
KMI Kinder Morgan Inc. 0.16% 23,000 $735K Reduce -2.1%
RDNT Radnet Inc. 0.16% 11,791 $727K No change
TXT Textron Inc. 0.15% 7,773 $713K No change
T AT&T Inc. 0.15% 33,222 $688K Reduce -2.1%
MCO Moody's Corp. 0.14% 1,463 $663K No change
MET Metlife Inc. 0.14% 7,600 $643K Reduce -22.8%
ORCL Oracle Corp. 0.14% 4,306 $631K Reduce -5.2%
TPL Texas Pacific Land Corp. 0.13% 1,401 $613K No change
CRSP Crispr Therapeutics AG 0.13% 11,234 $613K Reduce -37.7%
GE General Electric filed as GE AEROSPACE 0.13% 1,621 $606K No change
CVX Chevron Corp. 0.13% 3,636 $603K Reduce -22.7%
HIG Hartford Insurance Group Inc. 0.13% 4,425 $586K No change
COP Conocophillips 0.12% 5,577 $580K Reduce -4.6%
NEM Newmont Corp. 0.12% 6,200 $579K Reduce -10.1%
ABBV Abbvie Inc. 0.12% 2,272 $572K Reduce -7.2%
CACC Credit Acceptance Corp. 0.12% 891 $567K No change
WMS Advanced Drainage Systems Inc. 0.12% 3,600 $565K No change
XLF SS Financial Select Sector 0.12% 10,374 $556K No change
ADP Automatic Data Processing 0.12% 2,467 $552K Reduce -2.4%
FLR Fluor Corp. 0.12% 10,400 $545K No change
PH Parker Hannifin Corp. 0.12% 555 $543K No change
GLD SPDR Gold Shares 0.12% 1,472 $542K No change
CR Crane Co. 0.11% 2,355 $525K No change
WAT Waters Corp. 0.11% 1,366 $512K Reduce -1.9%
VSGX Vanguard ESG Intl Stock ETF 0.11% 6,185 $509K New
ITW Illinois Tool Works 0.11% 1,837 $497K Reduce -0.3%
GEV GE Vernova Inc. 0.10% 404 $475K No change
ROM Proshares Ultra Technology 0.10% 3,000 $466K Reduce -17.1%
URI United Rentals Inc. 0.10% 403 $457K No change
HON Honeywell International Inc. 0.10% 1,997 $447K Reduce -2.1%
HII Huntington Ingalls Industrie 0.09% 1,583 $443K No change
HONA Honeywell Aerospace Inc. 0.09% 1,997 $441K Reduce -2.1%
AFL Aflac Inc. 0.09% 3,759 $441K No change
ABT Abbott Laboratories 0.09% 4,851 $440K Reduce -7.1%
MU Micron Technology Inc. 0.09% 371 $428K New
ET Energy Transfer LP 0.09% 22,178 $424K Reduce -4.3%
INTC Intel Corp. 0.09% 3,000 $419K New
EFIV SS SPDR S&P 500 ESG ETF 0.09% 5,615 $410K No change

Show all 144 holdings

Other holdings (2): bonds, preferreds, convertibles and warrants · $7K (not counted above)
SecurityClassShares / PrincipalValueChange
XRXDW Xerox Holdings Corp. *W EXP 02/11/202 19,500$5KNo change
LUCYW Innovative Eyewear Inc.-CW23 *W EXP 08/16/202 31,388$2KNo change

Total filed on the 13F, all lines: $467.5M.

Portfolio Sells Q1 2026 → Q2 2026
IAU iShares Gold Trust Sold out 0.00% −3.60
AGG iShares Core U.S. Aggregate Reduce -4.2% 8.10% −1.33
PFF iShares Preferred & Income S Sold out 0.00% −0.21
VZ Verizon Communications Inc. Reduce -28.5% 0.22% −0.18
HON Honeywell International Inc. Reduce -2.1% 0.10% −0.12
NFLX Netflix Inc. Reduce -37.3% 0.09% −0.12
GBTC Grayscale Bitcoin Trust ETF Sold out 0.00% −0.12
SHEL Shell PLC-ADR Sold out 0.00% −0.11
CVX Chevron Corp. Reduce -22.7% 0.13% −0.10
DVN Devon Energy Corp. Sold out 0.00% −0.10
SLV iShares Silver Trust Sold out 0.00% −0.09
T AT&T Inc. Reduce -2.1% 0.15% −0.09
OXY Occidental Petroleum Corp. Sold out 0.00% −0.08
CRSP Crispr Therapeutics AG Reduce -37.7% 0.13% −0.07
AAPL Apple Inc. Reduce -3.9% 5.18% −0.07
JNJ Johnson & Johnson Reduce -7.0% 0.47% −0.07
PRU Prudential Financial Inc. Sold out 0.00% −0.07
PFE Pfizer Inc. Sold out 0.00% −0.07
MRK Merck & Co. Inc. Reduce -13.2% 0.34% −0.07
AXP American Express Co. Reduce -6.3% 1.09% −0.07
AMGN Amgen Inc. Reduce -15.2% 0.23% −0.06
TTE Totalenergies SE Sold out 0.00% −0.06
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.4% 0.89% −0.06
COP Conocophillips Reduce -4.6% 0.12% −0.06
DIS The Walt Disney Co. Sold out 0.00% −0.06
NEM Newmont Corp. Reduce -10.1% 0.12% −0.05
APA Apa Corp. Reduce -30.0% 0.05% −0.05
WPM Wheaton Precious Metals Corp. Reduce -30.4% 0.06% −0.05
PEP Pepsico Inc. Sold out 0.00% −0.05
KO The Coca-Cola Co. Reduce -9.4% 0.33% −0.05
FLNG Flex LNG Ltd. Sold out 0.00% −0.05
ABT Abbott Laboratories Reduce -7.1% 0.09% −0.03
PG The Procter & Gamble Co. Reduce -4.3% 0.22% −0.03
XLE SS Energy Select Sector Reduce -16.9% 0.06% −0.03
KMI Kinder Morgan Inc. Reduce -2.1% 0.16% −0.03
LNC Lincoln National Corp. Reduce -30.9% 0.05% −0.03
MET Metlife Inc. Reduce -22.8% 0.14% −0.03
CDE Coeur Mining Inc. Reduce -13.0% 0.06% −0.03
IVE iShares S&P 500 Value ETF Reduce -0.7% 0.64% −0.03
MKL Markel Group Inc. Reduce -4.6% 0.17% −0.02
ORCL Oracle Corp. Reduce -5.2% 0.14% −0.02
YUM Yum! Brands Inc. Reduce -0.1% 0.29% −0.02
BTG B2GOLD Corp. Reduce -50.0% 0.01% −0.02
IBM Intl Business Machines Corp. Reduce -8.8% 0.40% −0.02
ET Energy Transfer LP Reduce -4.3% 0.09% −0.02
HD Home Depot Inc. Reduce -4.4% 0.19% −0.02
BMY Bristol-Myers Squibb Co. Reduce -6.6% 0.06% −0.01
DHF BNYM High Yield Strategies Sold out 0.00% −0.01
HONA Honeywell Aerospace Inc. Reduce -2.1% 0.09% −0.01
HYT BlackRock Corp. Hi YLD Reduce -27.8% 0.02% −0.01

Portfolio Buys Q1 2026 → Q2 2026
XLK SS Technology Select Sector Add +2.3% 11.15% +2.70
SHY iShares 1-3 Year Treasury Bo New 0.55% +0.55
GOOG Alphabet Inc. Class C Add +0.7% 4.74% +0.49
SPY SS SPDR S&P 500 ETF Trust-US Add +6.3% 5.12% +0.46
XOM Exxon Mobil Corp. Add +239.9% 0.71% +0.42
EFV iShares MSCI Eafe Value ETF Add +11.2% 13.43% +0.40
VEU Vanguard Ftse All-World Ex-U Add +13.8% 2.15% +0.27
VOO Vanguard S&P 500 ETF Add +0.1% 4.67% +0.16
AMZN Amazon.com Inc. Add +2.6% 2.33% +0.13
VSGX Vanguard ESG Intl Stock ETF New 0.11% +0.11
MU Micron Technology Inc. New 0.09% +0.09
INTC Intel Corp. New 0.09% +0.09
VGSH Vanguard Short-Term Treasury Add +81.2% 0.17% +0.07
PNC PNC Financial Services Group New 0.06% +0.06
AVGO Broadcom Inc. New 0.06% +0.06
QQQ Invesco QQQ Trust Series 1 New 0.06% +0.06
META Meta Platforms Inc. Class A Add +70.7% 0.16% +0.06
IRDM Iridium Communications Inc. New 0.05% +0.05
NVDA Nvidia Corp. Add +6.4% 0.58% +0.05
QCOM Qualcomm Inc. New 0.05% +0.05
FITB Fifth Third Bancorp New 0.05% +0.05
STX Seagate Technology Holdings New 0.04% +0.04
XLV SS Health Care Select Sector Add +3.8% 3.08% +0.03
VB Vanguard Most SM-Cap ETF-Usd Add +11.5% 0.16% +0.02
XLY SS Consumer Disc Select Sect Add +4.1% 1.83% +0.01
XLU St Sr Utl SL SE SPDR ETF-Usd Add +4.9% 0.74% −0.05
XLP SS Consumer Staples Sel Sect Add +5.0% 1.42% −0.06
NOC Northrop Grumman Corp. Add +1.4% 0.41% −0.19
MSFT Microsoft Corp. Add +1.3% 3.23% −0.29

Options Activity Q1 2026 → Q2 2026
SPY SS SPDR S&P 500 ETF Trust-US put Sold out 7,100 $4.6Mbefore exit
CRSP Crispr Therapeutics AG call Sold out 16,700 $794Kbefore exit
BAC Bank of America Corp. call Sold out 9,400 $458Kbefore exit
XLF SS Financial Select Sector call Sold out 1,000 $49Kbefore exit
XLE SS Energy Select Sector call Sold out 400 $25Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 144$467.5MEFV, XLK, AGG, ZD, AAPL
Q1 2026 154$420.8MEFV, AGG, XLK, AAPL, ZD
Q4 2025 164$423.9MEFV, XLK, AGG, AAPL, GOOG
Q3 2025 165$409.4MEFV, AGG, XLK, AAPL, MSFT
Q2 2025 162$367.2MEFV, AGG, XLK, MSFT, VOO
Q1 2025 157$318.1MEFV, XLK, SPY, AAPL, VOO
Q4 2024 159$314.5MXLK, EFV, AAPL, SPY, ZD
Q3 2024 162$402.6MAGG, XLK, EFV, IAU, AAPL
Q2 2024 157$392.5MAGG, XLK, QQQ, EFV, AAPL
Q1 2024 164$385.2MAGG, XLK, QQQ, EFV, ZD