Campbell Newman Asset Management Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 26, 2026), Campbell Newman Asset Management Inc. reported 110 stock positions worth $1.4 billion. Its top holding was Apple (AAPL) at 6.8% of the portfolio, followed by Microsoft (MSFT, 6.5%) and Broadcom (AVGO, 5.9%). Compared with Q3 2025, it opened 10 new positions, sold out of 5, added to 18 and reduced 63. The biggest buy was a new position in Wells Fargo (WFC) and the biggest sale Mastercard Class A (MA, shares −40%).

Most Recent 13F
Q2 2026
Location
MILWAUKEE, WI
CIK
0000874791
Portfolio Value
$1.4B (Q4 2025)
SEC Filing
0000874791-26-000004 ↗ filed Jan 26, 2026

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 Q2 2025 Q3 2025: $1.4B Q3 2025 Q4 2025: $1.4B $1.4B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.3B Q2 2026

Holdings 110 stocks · $1.4B
AAPL Apple Inc. 6.85% 344,157 $93.6M Add +0.3%
MSFT Microsoft Corp. 6.46% 182,483 $88.3M Add +0.3%
AVGO Broadcom Inc. 5.88% 232,037 $80.3M Reduce -0.5%
KLAC KLA Corp. 4.53% 50,956 $61.9M Reduce -12.6%
APH Amphenol Corp. Class A 3.66% 370,188 $50.0M Reduce -9.7%
LLY Eli Lilly & Co. 3.27% 41,553 $44.7M Add +0.3%
RTX RTX Corp. 2.95% 219,861 $40.3M Add +0.5%
WEC WEC Energy Group Inc. 2.87% 371,669 $39.2M Add +0.6%
ETN Eaton Corp. PLC 2.74% 117,471 $37.4M Reduce -4.4%
ABBV Abbvie Inc. 2.72% 162,759 $37.2M Add +0.6%
LOW Lowe's Cos Inc. 2.56% 144,801 $34.9M Add +0.6%
ICE Intercontinental Exchange Inc. 2.54% 214,663 $34.8M Add +0.2%
ADI Analog Devices Inc. 2.54% 128,006 $34.7M Add +0.4%
J Jacobs Solutions Inc. 2.47% 254,792 $33.7M Add +0.1%
NDAQ Nasdaq Inc. 2.45% 344,191 $33.4M Add +0.7%
EMR Emerson Electric Co. 2.43% 249,775 $33.2M Add +0.6%
TEL Te Connectivity PLC 2.36% 141,899 $32.3M Add +0.6%
WFC Wells Fargo & Co. 2.30% 337,184 $31.4M New
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 2.30% 121,432 $31.4M Reduce -1.6%
TXN Texas Instruments Inc. 2.18% 171,930 $29.8M Reduce -1.0%
ABT Abbott Laboratories 2.18% 237,614 $29.8M Reduce -0.6%
V Visa Inc. Class A 2.16% 84,110 $29.5M Reduce -33.3%
MA Mastercard Inc. Class A 1.98% 47,348 $27.0M Reduce -39.7%
MCO Moody's Corp. 1.74% 46,589 $23.8M Add +0.5%
SYK Stryker Corp. 1.63% 63,217 $22.2M Reduce -39.8%
STT State Street Corp. 1.57% 166,768 $21.5M New
WMB Williams Cos Inc. 1.53% 348,456 $20.9M New
INTU Intuit Inc. 1.47% 30,238 $20.0M New
CTSH Cognizant Tech Solutions-A 1.42% 233,518 $19.4M Reduce -3.7%
AMZN Amazon.com Inc. 1.39% 82,531 $19.0M Reduce -0.1%
VMC Vulcan Materials Co. 1.37% 65,709 $18.7M Add +0.7%
DE Deere & Co. 1.05% 30,946 $14.4M Add +0.6%
SPGI S&P Global Inc. 0.87% 22,743 $11.9M Add +0.5%
GOOG Alphabet Inc. Class C 0.82% 35,728 $11.2M No change
GOOGL Alphabet Inc. Class A 0.81% 35,439 $11.1M Reduce -0.2%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.67% 136,671 $9.2M No change
MCD McDonald's Corp. 0.52% 23,204 $7.1M No change
MEDP Medpace Holdings Inc. 0.37% 9,039 $5.1M Reduce -3.7%
NVDA Nvidia Corp. 0.37% 27,114 $5.1M Reduce -0.8%
DY Dycom Industries Inc. 0.35% 14,276 $4.8M Reduce -3.6%
MTZ Mastec Inc. 0.35% 22,123 $4.8M Reduce -8.8%
FN Fabrinet 0.35% 10,486 $4.8M Reduce -25.5%
JNJ Johnson & Johnson 0.34% 22,601 $4.7M No change
CW Curtiss-Wright Corp. 0.34% 8,426 $4.6M Reduce -3.7%
MOD Modine Manufacturing Co. 0.30% 30,724 $4.1M Reduce -2.8%
RMBS Rambus Inc. 0.27% 40,346 $3.7M Reduce -3.6%
ONTO Onto Innovation Inc. 0.26% 22,779 $3.6M Add +20.6%
EVR Evercore Inc. Class A 0.25% 9,854 $3.4M Reduce -3.6%
ENSG The Ensign Group Inc. 0.24% 18,768 $3.3M Reduce -3.7%
EXLS Exlservice Holdings Inc. 0.24% 76,685 $3.3M Reduce -3.5%
PLUS Eplus Inc. 0.21% 32,955 $2.9M Reduce -3.7%
HD Home Depot Inc. 0.21% 8,384 $2.9M No change
META Meta Platforms Inc. Class A 0.21% 4,337 $2.9M Reduce -0.4%
APG Api Group Corp. 0.21% 73,310 $2.8M Reduce -3.7%
NSC Norfolk Southern Corp. 0.19% 9,165 $2.6M No change
HALO Halozyme Therapeutics Inc. 0.17% 35,527 $2.4M Reduce -3.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.17% 15,251 $2.3M Reduce -0.4%
LNTH Lantheus Holdings Inc. 0.17% 34,616 $2.3M Reduce -3.6%
AMGN Amgen Inc. 0.16% 6,762 $2.2M No change
OLLI Ollie's Bargain Outlet Holdi 0.16% 20,089 $2.2M Reduce -3.6%
BOOT Boot Barn Holdings Inc. 0.16% 12,477 $2.2M Reduce -3.6%
SUPN Supernus Pharmaceuticals Inc. 0.16% 44,070 $2.2M Reduce -3.7%
CPRX Catalyst Pharmaceuticals Inc. 0.16% 90,917 $2.1M Reduce -3.6%
VITL Vital Farms Inc. 0.15% 66,219 $2.1M Reduce -3.6%
DOCN Digitalocean Holdings Inc. 0.15% 43,667 $2.1M New
MGY Magnolia Oil & Gas Corp. Class A 0.15% 95,099 $2.1M Reduce -3.8%
PTC PTC Inc. 0.15% 11,709 $2.0M Reduce -3.6%
VSEC Vse Corp. 0.15% 11,653 $2.0M New
AEIS Advanced Energy Industries 0.14% 9,334 $2.0M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.14% 34,350 $1.9M No change
LAD Lithia Motors Inc. 0.14% 5,636 $1.9M Reduce -3.6%
AMD Advanced Micro Devices 0.13% 8,532 $1.8M Reduce -0.5%
TMUS T-Mobile US Inc. 0.13% 8,967 $1.8M Reduce -0.6%
AMSC American Superconductor Corp. 0.13% 63,148 $1.8M Reduce -3.4%
CSCO Cisco Systems Inc. 0.13% 23,140 $1.8M No change
RDNT Radnet Inc. 0.13% 24,848 $1.8M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.13% 15,565 $1.8M No change
AAON Aaon Inc. 0.12% 20,871 $1.6M Reduce -3.6%
CCS Century Communities Inc. 0.11% 25,801 $1.5M Reduce -3.6%
TMO Thermo Fisher Scientific Inc. 0.11% 2,633 $1.5M Reduce -0.5%
LRN Stride Inc. 0.11% 23,383 $1.5M Reduce -3.7%
ORCL Oracle Corp. 0.11% 7,719 $1.5M Reduce -0.8%
TMDX Transmedics Group Inc. 0.11% 12,039 $1.5M Reduce -3.7%
YOU Clear Secure Inc. Class A 0.10% 38,881 $1.4M New
PEP Pepsico Inc. 0.10% 9,454 $1.4M No change
SKWD Skyward Specialty Insurance 0.10% 26,318 $1.3M Reduce -3.6%
SFM Sprouts Farmers Market Inc. 0.10% 16,596 $1.3M Reduce -4.2%
FISV Fiserv Inc. 0.09% 18,911 $1.3M Reduce -0.3%
KNF Knife River Corp. 0.09% 17,062 $1.2M Reduce -4.1%
HSY The Hershey Co. 0.09% 6,379 $1.2M No change
MC Moelis & Co. Class A 0.08% 16,565 $1.1M Reduce -3.5%
SBUX Starbucks Corp. 0.08% 13,179 $1.1M Reduce -0.6%
POOL Pool Corp. 0.08% 4,785 $1.1M Reduce -2.7%
HON Honeywell International Inc. 0.08% 5,572 $1.1M Reduce -93.2%
UPST Upstart Holdings Inc. 0.07% 21,045 $920K Reduce -4.1%
PRMB Primo Brands Corp. 0.06% 53,843 $880K Reduce -4.1%
NKE Nike Inc. Class B 0.06% 13,341 $850K Reduce -0.5%
TT Trane Technologies PLC 0.06% 2,127 $828K Reduce -6.1%
MSI Motorola Solutions Inc. 0.06% 2,140 $820K Reduce -6.1%
VRTX Vertex Pharmaceuticals Inc. 0.05% 1,622 $735K Reduce -0.7%
ORLY O'reilly Automotive Inc. 0.05% 8,010 $731K No change
XOM Exxon Mobil Corp. 0.05% 5,133 $618K No change
PG The Procter & Gamble Co. 0.04% 4,150 $595K No change
CORT Corcept Therapeutics Inc. 0.04% 16,931 $589K Reduce -52.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.04% 814 $555K New
CARR Carrier Global Corp. 0.04% 9,488 $501K No change
BA The Boeing Co. 0.04% 2,244 $487K Reduce -0.8%
COST Costco Wholesale Corp. 0.03% 505 $435K No change
JCI Johnson Controls Internation 0.03% 3,600 $431K No change
COP Conocophillips 0.02% 2,451 $229K No change

Portfolio Sells Q3 2025 → Q4 2025
MA Mastercard Inc. Class A Reduce -39.7% 1.98% −1.29
EOG EOG Resources Inc. Sold out 0.00% −1.25
SYK Stryker Corp. Reduce -39.8% 1.63% −1.21
HON Honeywell International Inc. Reduce -93.2% 0.08% −1.18
ZTS Zoetis Inc. Sold out 0.00% −1.04
V Visa Inc. Class A Reduce -33.3% 2.16% −0.99
ETN Eaton Corp. PLC Reduce -4.4% 2.74% −0.62
AJG Arthur J Gallagher & Co. Reduce -1.6% 2.30% −0.49
CIEN Ciena Corp. Sold out 0.00% −0.37
CORT Corcept Therapeutics Inc. Reduce -52.4% 0.04% −0.17
ABT Abbott Laboratories Reduce -0.6% 2.18% −0.16
LRN Stride Inc. Reduce -3.7% 0.11% −0.15
AMSC American Superconductor Corp. Reduce -3.4% 0.13% −0.15
TXN Texas Instruments Inc. Reduce -1.0% 2.18% −0.15
FISV Fiserv Inc. Reduce -0.3% 0.09% −0.09
MTDR Matador Resources Co. Sold out 0.00% −0.07
KLAC KLA Corp. Reduce -12.6% 4.53% −0.06
VITL Vital Farms Inc. Reduce -3.6% 0.15% −0.05
ORCL Oracle Corp. Reduce -0.8% 0.11% −0.05
RMBS Rambus Inc. Reduce -3.6% 0.27% −0.05
APH Amphenol Corp. Class A Reduce -9.7% 3.66% −0.05
MKTX Marketaxess Holdings Inc. Sold out 0.00% −0.05
SFM Sprouts Farmers Market Inc. Reduce -4.2% 0.10% −0.04
OLLI Ollie's Bargain Outlet Holdi Reduce -3.6% 0.16% −0.03
AAON Aaon Inc. Reduce -3.6% 0.12% −0.03
POOL Pool Corp. Reduce -2.7% 0.08% −0.03
PTC PTC Inc. Reduce -3.6% 0.15% −0.03
MOD Modine Manufacturing Co. Reduce -2.8% 0.30% −0.03
PRMB Primo Brands Corp. Reduce -4.1% 0.06% −0.03
FN Fabrinet Reduce -25.5% 0.35% −0.03
MTZ Mastec Inc. Reduce -8.8% 0.35% −0.03
TMUS T-Mobile US Inc. Reduce -0.6% 0.13% −0.02
META Meta Platforms Inc. Class A Reduce -0.4% 0.21% −0.02
HALO Halozyme Therapeutics Inc. Reduce -3.7% 0.17% −0.02
MGY Magnolia Oil & Gas Corp. Class A Reduce -3.8% 0.15% −0.02
EXLS Exlservice Holdings Inc. Reduce -3.5% 0.24% −0.02
MSI Motorola Solutions Inc. Reduce -6.1% 0.06% −0.02
UPST Upstart Holdings Inc. Reduce -4.1% 0.07% −0.01
KNF Knife River Corp. Reduce -4.1% 0.09% −0.01
CCS Century Communities Inc. Reduce -3.6% 0.11% −0.01
TT Trane Technologies PLC Reduce -6.1% 0.06% −0.01
CW Curtiss-Wright Corp. Reduce -3.7% 0.34% −0.01
ENSG The Ensign Group Inc. Reduce -3.7% 0.24% −0.01
EVR Evercore Inc. Class A Reduce -3.6% 0.25% −0.01
MC Moelis & Co. Class A Reduce -3.5% 0.08% −0.01
NKE Nike Inc. Class B Reduce -0.5% 0.06% −0.01
NVDA Nvidia Corp. Reduce -0.8% 0.37% −0.00
SBUX Starbucks Corp. Reduce -0.6% 0.08% −0.00
BA The Boeing Co. Reduce -0.8% 0.04% 0.00
SUPN Supernus Pharmaceuticals Inc. Reduce -3.7% 0.16% +0.00

Portfolio Buys Q3 2025 → Q4 2025
WFC Wells Fargo & Co. New 2.30% +2.30
STT State Street Corp. New 1.57% +1.57
WMB Williams Cos Inc. New 1.53% +1.53
INTU Intuit Inc. New 1.47% +1.47
LLY Eli Lilly & Co. Add +0.3% 3.27% +0.96
AAPL Apple Inc. Add +0.3% 6.85% +0.46
RTX RTX Corp. Add +0.5% 2.95% +0.28
ADI Analog Devices Inc. Add +0.4% 2.54% +0.25
NDAQ Nasdaq Inc. Add +0.7% 2.45% +0.24
DOCN Digitalocean Holdings Inc. New 0.15% +0.15
VSEC Vse Corp. New 0.15% +0.15
AEIS Advanced Energy Industries New 0.14% +0.14
RDNT Radnet Inc. New 0.13% +0.13
MCO Moody's Corp. Add +0.5% 1.74% +0.13
YOU Clear Secure Inc. Class A New 0.10% +0.10
TEL Te Connectivity PLC Add +0.6% 2.36% +0.10
ONTO Onto Innovation Inc. Add +20.6% 0.26% +0.08
SPGI S&P Global Inc. Add +0.5% 0.87% +0.06
EMR Emerson Electric Co. Add +0.6% 2.43% +0.04
SPY SS SPDR S&P 500 ETF Trust-US New 0.04% +0.04
DE Deere & Co. Add +0.6% 1.05% +0.03
ABBV Abbvie Inc. Add +0.6% 2.72% −0.02
LOW Lowe's Cos Inc. Add +0.6% 2.56% −0.09
ICE Intercontinental Exchange Inc. Add +0.2% 2.54% −0.09
VMC Vulcan Materials Co. Add +0.7% 1.37% −0.10
WEC WEC Energy Group Inc. Add +0.6% 2.87% −0.23
J Jacobs Solutions Inc. Add +0.1% 2.47% −0.32
MSFT Microsoft Corp. Add +0.3% 6.46% −0.43

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