Carret Asset Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), Carret Asset Management, LLC reported 279 stock positions worth $936.0 million. Its top holding was Apple (AAPL) at 7.1% of the portfolio, followed by Microsoft (MSFT, 6.1%) and JPMorgan Chase (JPM, 4.5%). Compared with Q1 2025, it opened 9 new positions, sold out of 5, added to 60 and reduced 145. The biggest buy was Oracle (ORCL, shares +3%) and the biggest sale Apple (AAPL, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000791490
- Portfolio Value
- $936.0M (Q2 2025)
- SEC Filing
- 0001140361-25-028522 ↗ filed Aug 4, 2025
Holdings Value
Holdings 279 stocks · $936.0M
| AAPL Apple Inc. | 7.11% | 324,469 | $66.6M | Reduce -3.0% |
| MSFT Microsoft Corp. | 6.12% | 115,239 | $57.3M | Reduce -3.5% |
| JPM JPMorgan Chase & Co. | 4.55% | 146,836 | $42.6M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 3.24% | 170,762 | $30.3M | Reduce -1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.09% | 59,591 | $28.9M | Add +0.1% |
| ORCL Oracle Corp. | 2.77% | 118,784 | $26.0M | Add +2.7% |
| PEN Penumbra Inc. | 2.11% | 77,000 | $19.8M | Reduce -2.5% |
| GOOGL Alphabet Inc. Class A | 2.08% | 110,539 | $19.5M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 1.81% | 22,988 | $17.0M | Reduce -2.5% |
| AXP American Express Co. | 1.80% | 52,923 | $16.9M | Reduce -1.3% |
| AMZN Amazon.com Inc. | 1.63% | 69,619 | $15.3M | Add +4.0% |
| CVX Chevron Corp. | 1.43% | 93,191 | $13.3M | Add +11.2% |
| CSCO Cisco Systems Inc. | 1.38% | 186,200 | $12.9M | Reduce -0.9% |
| JNJ Johnson & Johnson | 1.29% | 79,243 | $12.1M | Reduce -3.6% |
| WMT Walmart Inc. | 1.22% | 116,607 | $11.4M | Reduce -1.5% |
| NVDA Nvidia Corp. | 1.20% | 70,964 | $11.2M | Reduce -4.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.17% | 15 | $10.9M | No change |
| GS Goldman Sachs Group Inc. | 1.09% | 14,469 | $10.2M | Reduce -0.7% |
| PH Parker Hannifin Corp. | 1.09% | 14,650 | $10.2M | Reduce -2.8% |
| ETN Eaton Corp. PLC | 1.09% | 28,608 | $10.2M | Reduce -2.1% |
| TRV The Travelers Cos Inc. | 1.01% | 35,412 | $9.5M | Reduce -1.9% |
| ABBV Abbvie Inc. | 0.99% | 50,024 | $9.3M | Reduce -1.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.93% | 14,111 | $8.7M | Reduce -1.8% |
| ALL Allstate Corp. | 0.91% | 42,535 | $8.6M | Reduce -2.0% |
| IWM iShares Russell 2000 ETF | 0.88% | 38,269 | $8.3M | Add +1.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.88% | 66,356 | $8.2M | Reduce -1.3% |
| OEF iShares S&P 100 ETF | 0.87% | 26,801 | $8.2M | Reduce -1.3% |
| LRCX Lam Research Corp. | 0.87% | 83,616 | $8.1M | Reduce -2.8% |
| PEP Pepsico Inc. | 0.86% | 61,290 | $8.1M | Reduce -6.5% |
| HIG Hartford Insurance Group Inc. | 0.83% | 61,457 | $7.8M | Reduce -1.7% |
| AVGO Broadcom Inc. | 0.83% | 28,162 | $7.8M | Reduce -2.7% |
| V Visa Inc. Class A | 0.80% | 21,012 | $7.5M | Reduce -0.9% |
| PG The Procter & Gamble Co. | 0.79% | 46,420 | $7.4M | Reduce -2.3% |
| BX Blackstone Inc. | 0.74% | 46,217 | $6.9M | Reduce -1.9% |
| ABT Abbott Laboratories | 0.71% | 49,039 | $6.7M | Reduce -1.2% |
| SO The Southern Co. | 0.71% | 72,546 | $6.7M | Reduce -0.9% |
| AEP American Electric Power | 0.70% | 63,006 | $6.5M | Reduce -1.3% |
| MA Mastercard Inc. Class A | 0.70% | 11,623 | $6.5M | Reduce -4.1% |
| DVY iShares Select Dividend ETF | 0.70% | 49,157 | $6.5M | Add +1.5% |
| IWR iShares Russell Mid-Cap ETF | 0.70% | 70,780 | $6.5M | Add +0.7% |
| WELL Welltower Inc. | 0.69% | 42,164 | $6.5M | Reduce -1.9% |
| MRK Merck & Co. Inc. | 0.69% | 81,682 | $6.5M | Reduce -0.5% |
| PGR Progressive Corp. | 0.69% | 24,050 | $6.4M | Add +1.1% |
| AMAT Applied Materials Inc. | 0.68% | 34,966 | $6.4M | Reduce -0.3% |
| FDX FedEx Corp. | 0.61% | 25,165 | $5.7M | Reduce -10.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.58% | 18,550 | $5.5M | Reduce -0.8% |
| HD Home Depot Inc. | 0.58% | 14,904 | $5.5M | Reduce -2.8% |
| CHD Church & Dwight Co. Inc. | 0.58% | 56,402 | $5.4M | Reduce -1.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.55% | 108,339 | $5.1M | Reduce -1.8% |
| TGT Target Corp. | 0.55% | 51,868 | $5.1M | Reduce -4.5% |
| IVW iShares S&P 500 Growth ETF | 0.53% | 45,098 | $5.0M | Add +0.0% |
| PNC PNC Financial Services Group | 0.53% | 26,634 | $5.0M | Reduce -2.4% |
| MS Morgan Stanley | 0.53% | 34,914 | $4.9M | Reduce -0.2% |
| NVS Novartis AG-Sponsored ADR | 0.52% | 40,081 | $4.9M | Add +0.6% |
| LHX L3HARRIS Technologies Inc. | 0.50% | 18,548 | $4.7M | Reduce -1.0% |
| IVV iShares Core S&P 500 ETF | 0.49% | 7,441 | $4.6M | Add +2.2% |
| HCA HCA Healthcare Inc. | 0.49% | 11,930 | $4.6M | Reduce -0.4% |
| MET Metlife Inc. | 0.46% | 53,007 | $4.3M | Reduce -1.0% |
| VZ Verizon Communications Inc. | 0.44% | 94,734 | $4.1M | Reduce -4.2% |
| LLY Eli Lilly & Co. | 0.44% | 5,253 | $4.1M | Reduce -0.1% |
| COST Costco Wholesale Corp. | 0.43% | 4,093 | $4.1M | Reduce -1.0% |
| XOM Exxon Mobil Corp. | 0.42% | 36,763 | $4.0M | Reduce -1.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.40% | 21,174 | $3.7M | Add +1.5% |
| DHI D.R. Horton Inc. | 0.39% | 28,343 | $3.7M | Reduce -0.6% |
| IWD iShares Russell 1000 Value E | 0.39% | 18,794 | $3.7M | Reduce -0.8% |
| RSP Invesco S&P 500 Equal Weight | 0.39% | 20,025 | $3.6M | Add +12.4% |
| GLW Corning Inc. | 0.39% | 69,086 | $3.6M | Reduce -2.9% |
| AMP Ameriprise Financial Inc. | 0.38% | 6,723 | $3.6M | Reduce -2.8% |
| DE Deere & Co. | 0.37% | 6,850 | $3.5M | Reduce -2.9% |
| TMO Thermo Fisher Scientific Inc. | 0.37% | 8,560 | $3.5M | Add +6.7% |
| MCD McDonald's Corp. | 0.37% | 11,857 | $3.5M | Reduce -0.4% |
| EMR Emerson Electric Co. | 0.36% | 25,591 | $3.4M | Reduce -0.5% |
| ADP Automatic Data Processing | 0.33% | 10,030 | $3.1M | Reduce -0.2% |
| SCHB Schwab US Broad Market ETF | 0.33% | 127,912 | $3.0M | Reduce -1.8% |
| RTX RTX Corp. | 0.32% | 20,628 | $3.0M | Reduce -1.9% |
| ULTA Ulta Beauty Inc. | 0.32% | 6,311 | $3.0M | Add +3.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.30% | 41,831 | $2.8M | Add +0.7% |
| PFE Pfizer Inc. | 0.29% | 111,481 | $2.7M | Reduce -2.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.27% | 11,166 | $2.5M | Reduce -0.5% |
| FCNTX Fidelity Contrafund | 0.26% | 106,166 | $2.5M | No change |
| UNH Unitedhealth Group Inc. | 0.26% | 7,883 | $2.5M | Reduce -2.6% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.26% | 73,818 | $2.4M | Add +0.8% |
| HSY The Hershey Co. | 0.26% | 14,500 | $2.4M | Reduce -1.4% |
| WFC Wells Fargo & Co. | 0.25% | 29,112 | $2.3M | Reduce -2.0% |
| ITW Illinois Tool Works | 0.25% | 9,344 | $2.3M | Reduce -1.8% |
| C Citigroup Inc. | 0.25% | 27,137 | $2.3M | Reduce -0.9% |
| D Dominion Energy Inc. | 0.25% | 40,615 | $2.3M | Add +0.9% |
| BMY Bristol-Myers Squibb Co. | 0.24% | 49,107 | $2.3M | Reduce -3.1% |
| VFIAX Vanguard 500 Index-Adm | 0.23% | 3,825 | $2.2M | Reduce -0.6% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.23% | 23,299 | $2.1M | Reduce -4.3% |
| COP Conocophillips | 0.22% | 23,140 | $2.1M | Reduce -8.5% |
| MELI MercadoLibre Inc. | 0.22% | 792 | $2.1M | Add +5.7% |
| SPG Simon Property Group Inc. | 0.22% | 12,873 | $2.1M | Reduce -0.1% |
| FITB Fifth Third Bancorp | 0.22% | 49,625 | $2.0M | No change |
| OKE Oneok Inc. | 0.21% | 24,327 | $2.0M | Add +21.4% |
| BDX Becton Dickinson and Co. | 0.21% | 11,512 | $2.0M | Reduce -1.8% |
| CMCSA Comcast Corp. Class A | 0.21% | 54,555 | $1.9M | Reduce -6.7% |
| ADI Analog Devices Inc. | 0.21% | 8,175 | $1.9M | Reduce -1.5% |
| OMC Omnicom Group | 0.20% | 26,195 | $1.9M | No change |
| CVS CVS Health Corp. | 0.20% | 27,282 | $1.9M | Reduce -22.4% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -3.0% | 7.11% | −1.28 |
| PEN Penumbra Inc. | Reduce -2.5% | 2.11% | −0.28 |
| JNJ Johnson & Johnson | Reduce -3.6% | 1.29% | −0.25 |
| PEP Pepsico Inc. | Reduce -6.5% | 0.86% | −0.25 |
| UNH Unitedhealth Group Inc. | Reduce -2.6% | 0.26% | −0.22 |
| ABBV Abbvie Inc. | Reduce -1.4% | 0.99% | −0.21 |
| FDX FedEx Corp. | Reduce -10.6% | 0.61% | −0.16 |
| MRK Merck & Co. Inc. | Reduce -0.5% | 0.69% | −0.14 |
| CHD Church & Dwight Co. Inc. | Reduce -1.7% | 0.58% | −0.13 |
| PG The Procter & Gamble Co. | Reduce -2.3% | 0.79% | −0.12 |
| BMY Bristol-Myers Squibb Co. | Reduce -3.1% | 0.24% | −0.11 |
| ALL Allstate Corp. | Reduce -2.0% | 0.91% | −0.10 |
| TGT Target Corp. | Reduce -4.5% | 0.55% | −0.09 |
| BDX Becton Dickinson and Co. | Reduce -1.8% | 0.21% | −0.09 |
| AEP American Electric Power | Reduce -1.3% | 0.70% | −0.09 |
| COP Conocophillips | Reduce -8.5% | 0.22% | −0.08 |
| XOM Exxon Mobil Corp. | Reduce -1.0% | 0.42% | −0.08 |
| VZ Verizon Communications Inc. | Reduce -4.2% | 0.44% | −0.07 |
| CVS CVS Health Corp. | Reduce -22.4% | 0.20% | −0.07 |
| DOW Dow Inc. | Reduce -11.2% | 0.12% | −0.07 |
| TRV The Travelers Cos Inc. | Reduce -1.9% | 1.01% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -0.1% | 0.44% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -4.1% | 0.70% | −0.05 |
| WELL Welltower Inc. | Reduce -1.9% | 0.69% | −0.05 |
| HD Home Depot Inc. | Reduce -2.8% | 0.58% | −0.05 |
| MCD McDonald's Corp. | Reduce -0.4% | 0.37% | −0.05 |
| KHC The Kraft Heinz Co. | Reduce -3.9% | 0.17% | −0.05 |
| SO The Southern Co. | Reduce -0.9% | 0.71% | −0.05 |
| V Visa Inc. Class A | Reduce -0.9% | 0.80% | −0.04 |
| HIG Hartford Insurance Group Inc. | Reduce -1.7% | 0.83% | −0.04 |
| FNF Fidelity National Financial | Reduce -1.9% | 0.16% | −0.04 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −0.04 |
| AES AES Corp. | Reduce -0.4% | 0.15% | −0.04 |
| IEO iShares U.S. Oil & Gas Explo | Reduce -5.3% | 0.20% | −0.04 |
| PFE Pfizer Inc. | Reduce -2.0% | 0.29% | −0.04 |
| CMCSA Comcast Corp. Class A | Reduce -6.7% | 0.21% | −0.04 |
| OGN Organon & Co. | Reduce -47.4% | 0.02% | −0.04 |
| PSX Phillips 66 | Reduce -8.5% | 0.17% | −0.03 |
| ABT Abbott Laboratories | Reduce -1.2% | 0.71% | −0.03 |
| MET Metlife Inc. | Reduce -1.0% | 0.46% | −0.03 |
| DD Dupont DE Nemours Inc. | Reduce -2.0% | 0.17% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -2.3% | 0.15% | −0.03 |
| NSRGY Nestle SA-Spons ADR | Reduce -7.0% | 0.18% | −0.03 |
| CNI Canadian Natl Railway Co. | Reduce -20.0% | 0.12% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -4.5% | 0.17% | −0.03 |
| HSY The Hershey Co. | Reduce -1.4% | 0.26% | −0.03 |
| INTC Intel Corp. | Reduce -22.7% | 0.07% | −0.03 |
| SWK Stanley Black & Decker Inc. | Reduce -17.0% | 0.06% | −0.03 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.03 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| ORCL Oracle Corp. | Add +2.7% | 2.77% | +0.95 |
| AMZN Amazon.com Inc. | Add +4.0% | 1.63% | +0.19 |
| ULTA Ulta Beauty Inc. | Add +3.7% | 0.32% | +0.06 |
| CRM Salesforce Inc. | Add +72.8% | 0.15% | +0.06 |
| IVW iShares S&P 500 Growth ETF | Add +0.0% | 0.53% | +0.06 |
| MELI MercadoLibre Inc. | Add +5.7% | 0.22% | +0.06 |
| FXF Invesco Currencyshares Swiss | New | 0.06% | +0.06 |
| PACB Pacific Biosciences of Calif | New | 0.04% | +0.04 |
| RSP Invesco S&P 500 Equal Weight | Add +12.4% | 0.39% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +2.2% | 0.49% | +0.03 |
| STX Seagate Technology Holdings | New | 0.03% | +0.03 |
| IWM iShares Russell 2000 ETF | Add +1.0% | 0.88% | +0.03 |
| RY Royal Bank of Canada | New | 0.02% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.02% | +0.02 |
| EWJ iShares MSCI Japan ETF | New | 0.02% | +0.02 |
| GEV GE Vernova Inc. | Add +0.2% | 0.06% | +0.02 |
| INDY iShares India 50 ETF | Add +53.0% | 0.06% | +0.02 |
| CXT Crane NXT Co. | New | 0.02% | +0.02 |
| XLY SS Consumer Disc Select Sect | New | 0.02% | +0.02 |
| ZWS Zurn Elkay Water Solutions C | New | 0.02% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +12.4% | 0.10% | +0.02 |
| IWR iShares Russell Mid-Cap ETF | Add +0.7% | 0.70% | +0.02 |
| AIQ Global X Art Intel & Tech | Add +3.9% | 0.12% | +0.02 |
| XLK SS Technology Select Sector | Add +5.4% | 0.10% | +0.02 |
| NVS Novartis AG-Sponsored ADR | Add +0.6% | 0.52% | +0.02 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.7% | 0.30% | +0.02 |
| COHR Coherent Corp. | Add +3.4% | 0.05% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.0% | 0.11% | +0.01 |
| RCL Royal Caribbean Cruises Ltd. | Add +0.2% | 0.04% | +0.01 |
| EEM iShares MSCI Emerging Market | Add +2.6% | 0.12% | +0.01 |
| SCHX Schwab US Large-Cap ETF | Add +0.6% | 0.15% | +0.01 |
| ZVRA Zevra Therapeutics Inc. | Add +9.7% | 0.04% | +0.01 |
| GLD SPDR Gold Shares | Add +4.1% | 0.15% | +0.01 |
| NKE Nike Inc. Class B | Add +14.7% | 0.03% | +0.01 |
| LYFT LYFT Inc. Class A | Add +2.2% | 0.02% | +0.01 |
| FXAIX Fidelity 500 Index Fund | Add +0.3% | 0.10% | +0.00 |
| GLDM SPDR Gold Minishares Trust | Add +3.0% | 0.15% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +5.8% | 0.04% | +0.00 |
| EWW iShares MSCI Mexico ETF | Add +1.4% | 0.03% | +0.00 |
| SUSA iShares ESG Optimized MSCI U | Add +0.2% | 0.10% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +2.8% | 0.15% | +0.00 |
| ACN Accenture PLC Class A | Add +13.1% | 0.14% | +0.00 |
| KEY Keycorp | Add +9.1% | 0.03% | +0.00 |
| LAMR Lamar Advertising Co. Class A | Add +3.8% | 0.06% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +1.8% | 0.10% | +0.00 |
| IEV iShares Europe ETF | Add +5.6% | 0.03% | +0.00 |
| QCOM Qualcomm Inc. | Add +3.3% | 0.15% | +0.00 |
| SCHD Schwab US DVD Equity ETF | Add +13.5% | 0.08% | +0.00 |
| FSDIX Fidelity STR DVD & Inc. | Add +0.5% | 0.02% | −0.00 |
| SCHV Schwab US Large-Cap Value | Add +0.4% | 0.07% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 309 | $1.1B | AAPL, GOOG, JPM, MSFT, GOOGL |
| Q1 2026 | 293 | $1.0B | AAPL, GOOG, JPM, MSFT, GOOGL |
| Q4 2025 | 295 | $1.1B | AAPL, MSFT, GOOG, JPM, GOOGL |
| Q3 2025 | 287 | $1.0B | AAPL, MSFT, JPM, GOOG, ORCL |
| Q2 2025 | 279 | $936.0M | AAPL, MSFT, JPM, GOOG, BRK.B |
| Q1 2025 | 275 | $885.2M | AAPL, MSFT, JPM, BRK.B, GOOG |
| Q4 2024 | 283 | $913.0M | AAPL, MSFT, JPM, GOOG, BRK.B |
| Q3 2024 | 286 | $921.8M | AAPL, MSFT, JPM, GOOG, BRK.B |
| Q2 2024 | 276 | $856.7M | AAPL, MSFT, GOOG, JPM, BRK.B |
| Q1 2024 | 279 | $849.1M | AAPL, MSFT, JPM, GOOG, BRK.B |