Campbell Newman Asset Management Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 17, 2025), Campbell Newman Asset Management Inc. reported 106 stock positions worth $1.3 billion. Its top holding was Microsoft (MSFT) at 7.1% of the portfolio, followed by Broadcom (AVGO, 5.5%) and Apple (AAPL, 5.5%). Compared with Q1 2025, it opened 6 new positions, sold out of 5, added to 39 and reduced 44. The biggest buy was Amphenol Class A (APH, shares +66%) and the biggest sale an exit from Unitedhealth (UNH).

Most Recent 13F
Q2 2026
Location
MILWAUKEE, WI
CIK
0000874791
Portfolio Value
$1.3B (Q2 2025)
SEC Filing
0000874791-25-000009 ↗ filed Jul 17, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.3B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.3B $1.3B Q2 2025 Q3 2025: $1.4B Q3 2025 Q4 2025: $1.4B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.3B Q2 2026

Holdings 106 stocks · $1.3B
MSFT Microsoft Corp. 7.12% 179,757 $89.4M Reduce -3.2%
AVGO Broadcom Inc. 5.53% 251,939 $69.4M Reduce -7.8%
AAPL Apple Inc. 5.52% 337,915 $69.3M Reduce -2.8%
KLAC KLA Corp. 4.37% 61,189 $54.8M Reduce -3.0%
APH Amphenol Corp. Class A 3.54% 449,521 $44.4M Add +65.8%
V Visa Inc. Class A 3.50% 123,797 $44.0M Reduce -3.3%
MA Mastercard Inc. Class A 3.45% 77,083 $43.3M Reduce -3.5%
SYK Stryker Corp. 3.24% 102,951 $40.7M Reduce -3.7%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 3.08% 120,880 $38.7M Reduce -3.7%
ICE Intercontinental Exchange Inc. 3.07% 209,783 $38.5M Reduce -3.6%
WEC WEC Energy Group Inc. 3.00% 361,394 $37.7M Add +69.6%
TXN Texas Instruments Inc. 2.81% 169,980 $35.3M Add +35.6%
J Jacobs Solutions Inc. 2.61% 249,046 $32.7M Reduce -2.1%
EMR Emerson Electric Co. 2.58% 243,285 $32.4M Reduce -3.8%
LLY Eli Lilly & Co. 2.55% 40,995 $32.0M Reduce -25.9%
ABT Abbott Laboratories 2.54% 234,249 $31.9M Reduce -3.1%
RTX RTX Corp. 2.50% 214,704 $31.4M Reduce -3.5%
LOW Lowe's Cos Inc. 2.49% 140,994 $31.3M Reduce -3.7%
NDAQ Nasdaq Inc. 2.38% 334,274 $29.9M Add +38.8%
ADI Analog Devices Inc. 2.38% 125,396 $29.8M Reduce -2.8%
ABBV Abbvie Inc. 2.35% 158,673 $29.5M Reduce -3.3%
TEL Te Connectivity PLC 1.86% 138,071 $23.3M Reduce -45.3%
MCO Moody's Corp. 1.82% 45,495 $22.8M Reduce -3.5%
ETN Eaton Corp. PLC 1.79% 62,768 $22.4M New
HON Honeywell International Inc. 1.49% 80,418 $18.7M Reduce -3.8%
CTSH Cognizant Tech Solutions-A 1.48% 237,647 $18.5M Reduce -1.4%
AMZN Amazon.com Inc. 1.44% 82,540 $18.1M Reduce -0.1%
EOG EOG Resources Inc. 1.43% 149,875 $17.9M Reduce -3.2%
VMC Vulcan Materials Co. 1.33% 63,845 $16.7M Reduce -1.1%
DE Deere & Co. 1.22% 30,127 $15.3M Reduce -3.7%
ZTS Zoetis Inc. 1.19% 95,588 $14.9M Reduce -4.7%
SPGI S&P Global Inc. 0.93% 22,237 $11.7M Reduce -2.8%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.80% 136,671 $10.1M No change
MCD McDonald's Corp. 0.54% 23,204 $6.8M No change
GOOG Alphabet Inc. Class C 0.51% 35,769 $6.3M No change
GOOGL Alphabet Inc. Class A 0.50% 35,476 $6.3M Reduce -0.2%
FN Fabrinet 0.35% 14,914 $4.4M Reduce -4.7%
MTZ Mastec Inc. 0.35% 25,601 $4.4M Reduce -8.0%
NVDA Nvidia Corp. 0.34% 27,260 $4.3M Reduce -0.3%
CW Curtiss-Wright Corp. 0.34% 8,712 $4.3M Add +7.1%
DY Dycom Industries Inc. 0.29% 14,755 $3.6M Add +7.1%
LRN Stride Inc. 0.28% 24,171 $3.5M Add +7.1%
EXLS Exlservice Holdings Inc. 0.28% 79,122 $3.5M Add +7.2%
JNJ Johnson & Johnson 0.28% 22,601 $3.5M No change
FISV Fiserv Inc. 0.26% 18,936 $3.3M Reduce -0.2%
META Meta Platforms Inc. Class A 0.26% 4,344 $3.2M Reduce -4.1%
HD Home Depot Inc. 0.24% 8,384 $3.1M Reduce -13.2%
ENSG The Ensign Group Inc. 0.24% 19,401 $3.0M Add +7.1%
MEDP Medpace Holdings Inc. 0.23% 9,348 $2.9M Add +7.1%
LNTH Lantheus Holdings Inc. 0.23% 35,771 $2.9M Add +7.1%
SFM Sprouts Farmers Market Inc. 0.23% 17,255 $2.8M Add +7.1%
CIEN Ciena Corp. 0.22% 34,442 $2.8M Add +7.1%
EVR Evercore Inc. Class A 0.22% 10,182 $2.7M Add +7.1%
OLLI Ollie's Bargain Outlet Holdi 0.22% 20,760 $2.7M Add +7.1%
RMBS Rambus Inc. 0.21% 41,663 $2.7M Add +7.2%
VITL Vital Farms Inc. 0.21% 68,433 $2.6M Add +7.1%
CORT Corcept Therapeutics Inc. 0.21% 35,360 $2.6M Add +7.2%
APG Api Group Corp. 0.21% 50,576 $2.6M Add +7.1%
MOD Modine Manufacturing Co. 0.20% 25,384 $2.5M Add +5.0%
PLUS Eplus Inc. 0.20% 34,068 $2.5M Add +7.1%
AMSC American Superconductor Corp. 0.19% 65,011 $2.4M Add +7.2%
NSC Norfolk Southern Corp. 0.19% 9,165 $2.3M No change
MGY Magnolia Oil & Gas Corp. Class A 0.18% 98,420 $2.2M Add +7.1%
TMUS T-Mobile US Inc. 0.17% 8,987 $2.1M Reduce -0.2%
PTC PTC Inc. 0.17% 12,098 $2.1M Add +7.1%
CPRX Catalyst Pharmaceuticals Inc. 0.16% 93,968 $2.0M Add +7.1%
LAD Lithia Motors Inc. 0.16% 5,826 $2.0M Add +7.1%
BOOT Boot Barn Holdings Inc. 0.16% 12,884 $2.0M Add +7.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.15% 15,565 $1.9M No change
HALO Halozyme Therapeutics Inc. 0.15% 36,725 $1.9M Add +7.1%
ONTO Onto Innovation Inc. 0.15% 18,800 $1.9M Add +7.1%
AMGN Amgen Inc. 0.15% 6,762 $1.9M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.15% 15,269 $1.9M Reduce -0.2%
NVEE NV5 Global Inc. 0.14% 75,492 $1.7M Add +7.1%
ORCL Oracle Corp. 0.13% 7,744 $1.7M Reduce -0.3%
TMDX Transmedics Group Inc. 0.13% 12,443 $1.7M Add +7.1%
PRMB Primo Brands Corp. 0.13% 55,894 $1.7M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.13% 34,350 $1.6M No change
CSCO Cisco Systems Inc. 0.13% 23,140 $1.6M No change
AAON Aaon Inc. 0.13% 21,549 $1.6M Add +7.1%
SKWD Skyward Specialty Insurance 0.12% 27,051 $1.6M New
CCS Century Communities Inc. 0.12% 26,660 $1.5M Add +7.1%
KNF Knife River Corp. 0.12% 17,711 $1.4M New
SUPN Supernus Pharmaceuticals Inc. 0.11% 45,575 $1.4M Add +7.1%
POOL Pool Corp. 0.11% 4,896 $1.4M Add +4.0%
PEP Pepsico Inc. 0.10% 9,454 $1.2M No change
SBUX Starbucks Corp. 0.10% 13,274 $1.2M Reduce -0.5%
AMD Advanced Micro Devices 0.10% 8,539 $1.2M Reduce -0.2%
TMO Thermo Fisher Scientific Inc. 0.09% 2,638 $1.1M Reduce -0.2%
MC Moelis & Co. Class A 0.08% 17,087 $1.1M Add +7.2%
HSY The Hershey Co. 0.08% 6,379 $1.1M No change
MTDR Matador Resources Co. 0.08% 20,761 $991K Add +7.1%
TT Trane Technologies PLC 0.08% 2,255 $986K New
MSI Motorola Solutions Inc. 0.08% 2,267 $953K New
NKE Nike Inc. Class B 0.08% 13,367 $950K Reduce -1.7%
MKTX Marketaxess Holdings Inc. 0.06% 3,535 $790K Add +7.1%
VRTX Vertex Pharmaceuticals Inc. 0.06% 1,626 $724K Reduce -0.3%
ORLY O'reilly Automotive Inc. 0.06% 8,010 $722K No change
CARR Carrier Global Corp. 0.06% 9,488 $694K No change
LGIH Lgi Homes Inc. 0.05% 13,177 $679K Add +7.1%
PG The Procter & Gamble Co. 0.05% 4,150 $661K No change
XOM Exxon Mobil Corp. 0.04% 5,133 $553K No change
COST Costco Wholesale Corp. 0.04% 505 $500K No change
BA The Boeing Co. 0.04% 2,250 $471K Reduce -0.3%
JCI Johnson Controls Internation 0.03% 3,600 $380K No change
COP Conocophillips 0.02% 2,451 $220K Reduce -94.3%

Portfolio Sells Q1 2025 → Q2 2025
UNH Unitedhealth Group Inc. Sold out 0.00% −2.43
ACN Accenture PLC Class A Sold out 0.00% −2.03
LLY Eli Lilly & Co. Reduce -25.9% 2.55% −1.33
TEL Te Connectivity PLC Reduce -45.3% 1.86% −1.17
AAPL Apple Inc. Reduce -2.8% 5.52% −1.03
AJG Arthur J Gallagher & Co. Reduce -3.7% 3.08% −0.59
ABBV Abbvie Inc. Reduce -3.3% 2.35% −0.57
LOW Lowe's Cos Inc. Reduce -3.7% 2.49% −0.41
COP Conocophillips Reduce -94.3% 0.02% −0.37
V Visa Inc. Class A Reduce -3.3% 3.50% −0.31
MA Mastercard Inc. Class A Reduce -3.5% 3.45% −0.26
EOG EOG Resources Inc. Reduce -3.2% 1.43% −0.26
ZTS Zoetis Inc. Reduce -4.7% 1.19% −0.21
ABT Abbott Laboratories Reduce -3.1% 2.54% −0.18
SYK Stryker Corp. Reduce -3.7% 3.24% −0.13
ICE Intercontinental Exchange Inc. Reduce -3.6% 3.07% −0.12
FISV Fiserv Inc. Reduce -0.2% 0.26% −0.10
CTSH Cognizant Tech Solutions-A Reduce -1.4% 1.48% −0.09
SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −0.08
BLKB Blackbaud Inc. Sold out 0.00% −0.07
HD Home Depot Inc. Reduce -13.2% 0.24% −0.06
SPGI S&P Global Inc. Reduce -2.8% 0.93% −0.05
MCO Moody's Corp. Reduce -3.5% 1.82% −0.04
VRNT Verint Systems Inc. Sold out 0.00% −0.04
TMUS T-Mobile US Inc. Reduce -0.2% 0.17% −0.03
TMO Thermo Fisher Scientific Inc. Reduce -0.2% 0.09% −0.03
DE Deere & Co. Reduce -3.7% 1.22% −0.03
SBUX Starbucks Corp. Reduce -0.5% 0.10% −0.01
VRTX Vertex Pharmaceuticals Inc. Reduce -0.3% 0.06% −0.01
HON Honeywell International Inc. Reduce -3.8% 1.49% −0.01
TJX TJX Companies Inc. Reduce -0.2% 0.15% −0.01
RTX RTX Corp. Reduce -3.5% 2.50% −0.00
J Jacobs Solutions Inc. Reduce -2.1% 2.61% −0.00
NKE Nike Inc. Class B Reduce -1.7% 0.08% +0.00
BA The Boeing Co. Reduce -0.3% 0.04% +0.00
AMD Advanced Micro Devices Reduce -0.2% 0.10% +0.02
GOOGL Alphabet Inc. Class A Reduce -0.2% 0.50% +0.03
META Meta Platforms Inc. Class A Reduce -4.1% 0.26% +0.03
ORCL Oracle Corp. Reduce -0.3% 0.13% +0.04
VMC Vulcan Materials Co. Reduce -1.1% 1.33% +0.05
MTZ Mastec Inc. Reduce -8.0% 0.35% +0.07
FN Fabrinet Reduce -4.7% 0.35% +0.09
NVDA Nvidia Corp. Reduce -0.3% 0.34% +0.09
AMZN Amazon.com Inc. Reduce -0.1% 1.44% +0.11
ADI Analog Devices Inc. Reduce -2.8% 2.38% +0.17
EMR Emerson Electric Co. Reduce -3.8% 2.58% +0.23
KLAC KLA Corp. Reduce -3.0% 4.37% +0.73
MSFT Microsoft Corp. Reduce -3.2% 7.12% +1.21
AVGO Broadcom Inc. Reduce -7.8% 5.53% +1.65

Portfolio Buys Q1 2025 → Q2 2025
APH Amphenol Corp. Class A Add +65.8% 3.54% +2.03
ETN Eaton Corp. PLC New 1.79% +1.79
WEC WEC Energy Group Inc. Add +69.6% 3.00% +1.03
TXN Texas Instruments Inc. Add +35.6% 2.81% +0.90
NDAQ Nasdaq Inc. Add +38.8% 2.38% +0.83
PRMB Primo Brands Corp. New 0.13% +0.13
SKWD Skyward Specialty Insurance New 0.12% +0.12
CW Curtiss-Wright Corp. Add +7.1% 0.34% +0.12
KNF Knife River Corp. New 0.12% +0.12
DY Dycom Industries Inc. Add +7.1% 0.29% +0.11
AMSC American Superconductor Corp. Add +7.2% 0.19% +0.10
TT Trane Technologies PLC New 0.08% +0.08
MSI Motorola Solutions Inc. New 0.08% +0.08
TMDX Transmedics Group Inc. Add +7.1% 0.13% +0.07
APG Api Group Corp. Add +7.1% 0.21% +0.06
CIEN Ciena Corp. Add +7.1% 0.22% +0.06
EVR Evercore Inc. Class A Add +7.1% 0.22% +0.06
BOOT Boot Barn Holdings Inc. Add +7.1% 0.16% +0.05
VITL Vital Farms Inc. Add +7.1% 0.21% +0.04
MOD Modine Manufacturing Co. Add +5.0% 0.20% +0.04
RMBS Rambus Inc. Add +7.2% 0.21% +0.04
ENSG The Ensign Group Inc. Add +7.1% 0.24% +0.04
LRN Stride Inc. Add +7.1% 0.28% +0.04
PLUS Eplus Inc. Add +7.1% 0.20% +0.03
OLLI Ollie's Bargain Outlet Holdi Add +7.1% 0.22% +0.03
NVEE NV5 Global Inc. Add +7.1% 0.14% +0.02
LAD Lithia Motors Inc. Add +7.1% 0.16% +0.02
SFM Sprouts Farmers Market Inc. Add +7.1% 0.23% +0.02
PTC PTC Inc. Add +7.1% 0.17% +0.02
MEDP Medpace Holdings Inc. Add +7.1% 0.23% +0.01
MC Moelis & Co. Class A Add +7.2% 0.08% +0.01
MKTX Marketaxess Holdings Inc. Add +7.1% 0.06% +0.00
SUPN Supernus Pharmaceuticals Inc. Add +7.1% 0.11% −0.00
MTDR Matador Resources Co. Add +7.1% 0.08% −0.01
AAON Aaon Inc. Add +7.1% 0.13% −0.01
POOL Pool Corp. Add +4.0% 0.11% −0.01
LGIH Lgi Homes Inc. Add +7.1% 0.05% −0.02
CPRX Catalyst Pharmaceuticals Inc. Add +7.1% 0.16% −0.02
EXLS Exlservice Holdings Inc. Add +7.2% 0.28% −0.02
MGY Magnolia Oil & Gas Corp. Class A Add +7.1% 0.18% −0.02
CCS Century Communities Inc. Add +7.1% 0.12% −0.02
ONTO Onto Innovation Inc. Add +7.1% 0.15% −0.03
HALO Halozyme Therapeutics Inc. Add +7.1% 0.15% −0.03
LNTH Lantheus Holdings Inc. Add +7.1% 0.23% −0.04
CORT Corcept Therapeutics Inc. Add +7.2% 0.21% −0.11

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 99$1.3BKLAC, AAPL, AVGO, LLY, APH
Q1 2026 103$1.2BAAPL, KLAC, AVGO, MSFT, APH
Q4 2025 110$1.4BAAPL, MSFT, AVGO, KLAC, APH
Q3 2025 105$1.4BMSFT, AAPL, AVGO, KLAC, APH
Q2 2025 106$1.3BMSFT, AVGO, AAPL, KLAC, APH
Q1 2025 105$1.2BAAPL, MSFT, AVGO, LLY, V
Q4 2024 103$1.2BAAPL, MSFT, AVGO, LLY, ADI
Q3 2024 106$1.3BAAPL, MSFT, AVGO, LLY, KLAC
Q2 2024 107$1.3BMSFT, AAPL, AVGO, KLAC, LLY
Q1 2024 108$1.2BMSFT, AAPL, AVGO, KLAC, LLY