Carret Asset Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Carret Asset Management, LLC reported 287 stock positions worth $1.0 billion. Its top holding was Apple (AAPL) at 8.0% of the portfolio, followed by Microsoft (MSFT, 5.8%) and JPMorgan Chase (JPM, 4.5%). Compared with Q2 2025, it opened 11 new positions, sold out of 3, added to 90 and reduced 91. The biggest buy was Alphabet Class A (GOOGL, shares +1%) and the biggest sale Microsoft (MSFT, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000791490
- Portfolio Value
- $1.0B (Q3 2025)
- SEC Filing
- 0001140361-25-041855 ↗ filed Nov 13, 2025
Holdings Value
Holdings 287 stocks · $1.0B
| AAPL Apple Inc. | 7.99% | 322,541 | $82.1M | Reduce -0.6% |
| MSFT Microsoft Corp. | 5.80% | 115,060 | $59.6M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 4.49% | 146,348 | $46.2M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 3.99% | 168,524 | $41.0M | Reduce -1.3% |
| ORCL Oracle Corp. | 3.12% | 113,911 | $32.0M | Reduce -4.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.94% | 60,141 | $30.2M | Add +0.9% |
| GOOGL Alphabet Inc. Class A | 2.65% | 111,844 | $27.2M | Add +1.2% |
| PEN Penumbra Inc. | 1.90% | 77,000 | $19.5M | No change |
| AXP American Express Co. | 1.71% | 52,956 | $17.6M | Add +0.1% |
| META Meta Platforms Inc. Class A | 1.65% | 23,058 | $16.9M | Add +0.3% |
| JNJ Johnson & Johnson | 1.48% | 82,109 | $15.2M | Add +3.6% |
| AMZN Amazon.com Inc. | 1.48% | 69,094 | $15.2M | Reduce -0.8% |
| CVX Chevron Corp. | 1.42% | 94,233 | $14.6M | Add +1.1% |
| NVDA Nvidia Corp. | 1.33% | 73,402 | $13.7M | Add +3.4% |
| CSCO Cisco Systems Inc. | 1.24% | 185,642 | $12.7M | Reduce -0.3% |
| WMT Walmart Inc. | 1.17% | 117,163 | $12.1M | Add +0.5% |
| ABBV Abbvie Inc. | 1.14% | 50,426 | $11.7M | Add +0.8% |
| GS Goldman Sachs Group Inc. | 1.11% | 14,315 | $11.4M | Reduce -1.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.10% | 15 | $11.3M | No change |
| LRCX Lam Research Corp. | 1.08% | 83,018 | $11.1M | Reduce -0.7% |
| PH Parker Hannifin Corp. | 1.08% | 14,630 | $11.1M | Reduce -0.1% |
| ETN Eaton Corp. PLC | 1.05% | 28,829 | $10.8M | Add +0.8% |
| TRV The Travelers Cos Inc. | 0.96% | 35,413 | $9.9M | Add +0.0% |
| IWM iShares Russell 2000 ETF | 0.89% | 37,858 | $9.2M | Reduce -1.1% |
| ALL Allstate Corp. | 0.89% | 42,665 | $9.2M | Add +0.3% |
| AVGO Broadcom Inc. | 0.89% | 27,617 | $9.1M | Reduce -1.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.88% | 13,552 | $9.0M | Reduce -4.0% |
| OEF iShares S&P 100 ETF | 0.85% | 26,190 | $8.7M | Reduce -2.3% |
| PEP Pepsico Inc. | 0.85% | 61,892 | $8.7M | Add +1.0% |
| HIG Hartford Insurance Group Inc. | 0.80% | 61,813 | $8.2M | Add +0.6% |
| BX Blackstone Inc. | 0.77% | 46,192 | $7.9M | Reduce -0.1% |
| WELL Welltower Inc. | 0.72% | 41,611 | $7.4M | Reduce -1.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.72% | 64,496 | $7.4M | Reduce -2.8% |
| PG The Procter & Gamble Co. | 0.70% | 46,915 | $7.2M | Add +1.1% |
| AMAT Applied Materials Inc. | 0.70% | 34,916 | $7.1M | Reduce -0.1% |
| AEP American Electric Power | 0.69% | 63,383 | $7.1M | Add +0.6% |
| V Visa Inc. Class A | 0.68% | 20,342 | $6.9M | Reduce -3.2% |
| DVY iShares Select Dividend ETF | 0.68% | 48,836 | $6.9M | Reduce -0.7% |
| SO The Southern Co. | 0.67% | 72,753 | $6.9M | Add +0.3% |
| MRK Merck & Co. Inc. | 0.67% | 81,941 | $6.9M | Add +0.3% |
| IWR iShares Russell Mid-Cap ETF | 0.67% | 71,209 | $6.9M | Add +0.6% |
| ABT Abbott Laboratories | 0.65% | 49,633 | $6.6M | Add +1.2% |
| PGR Progressive Corp. | 0.61% | 25,450 | $6.3M | Add +5.8% |
| MA Mastercard Inc. Class A | 0.61% | 10,998 | $6.3M | Reduce -5.4% |
| HD Home Depot Inc. | 0.58% | 14,682 | $5.9M | Reduce -1.5% |
| GLW Corning Inc. | 0.56% | 69,786 | $5.7M | Add +1.0% |
| LHX L3HARRIS Technologies Inc. | 0.55% | 18,548 | $5.7M | No change |
| IVW iShares S&P 500 Growth ETF | 0.54% | 46,021 | $5.6M | Add +2.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.54% | 107,450 | $5.5M | Reduce -0.8% |
| FDX FedEx Corp. | 0.54% | 23,438 | $5.5M | Reduce -6.9% |
| MS Morgan Stanley | 0.53% | 34,464 | $5.5M | Reduce -1.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.53% | 19,201 | $5.4M | Add +3.5% |
| PNC PNC Financial Services Group | 0.53% | 26,872 | $5.4M | Add +0.9% |
| NVS Novartis AG-Sponsored ADR | 0.50% | 40,260 | $5.2M | Add +0.5% |
| HCA HCA Healthcare Inc. | 0.50% | 12,040 | $5.1M | Add +0.9% |
| DHI D.R. Horton Inc. | 0.49% | 29,468 | $5.0M | Add +4.0% |
| CHD Church & Dwight Co. Inc. | 0.48% | 56,402 | $4.9M | No change |
| IVV iShares Core S&P 500 ETF | 0.48% | 7,358 | $4.9M | Reduce -1.1% |
| MET Metlife Inc. | 0.43% | 53,307 | $4.4M | Add +0.6% |
| TGT Target Corp. | 0.42% | 48,602 | $4.4M | Reduce -6.3% |
| VZ Verizon Communications Inc. | 0.41% | 95,727 | $4.2M | Add +1.1% |
| XOM Exxon Mobil Corp. | 0.41% | 36,988 | $4.2M | Add +0.6% |
| TMO Thermo Fisher Scientific Inc. | 0.40% | 8,532 | $4.1M | Reduce -0.3% |
| RSP Invesco S&P 500 Equal Weight | 0.39% | 21,264 | $4.0M | Add +6.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.39% | 21,551 | $4.0M | Add +1.8% |
| LLY Eli Lilly & Co. | 0.37% | 5,043 | $3.8M | Reduce -4.0% |
| IWD iShares Russell 1000 Value E | 0.37% | 18,825 | $3.8M | Add +0.2% |
| COST Costco Wholesale Corp. | 0.37% | 4,093 | $3.8M | No change |
| RTX RTX Corp. | 0.34% | 20,718 | $3.5M | Add +0.4% |
| ULTA Ulta Beauty Inc. | 0.34% | 6,331 | $3.5M | Add +0.3% |
| MCD McDonald's Corp. | 0.33% | 11,158 | $3.4M | Reduce -5.9% |
| SCHB Schwab US Broad Market ETF | 0.33% | 130,937 | $3.4M | Add +2.4% |
| EMR Emerson Electric Co. | 0.33% | 25,566 | $3.4M | Reduce -0.1% |
| AMP Ameriprise Financial Inc. | 0.32% | 6,673 | $3.3M | Reduce -0.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.31% | 11,316 | $3.2M | Add +1.3% |
| DE Deere & Co. | 0.30% | 6,850 | $3.1M | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.29% | 41,660 | $3.0M | Reduce -0.4% |
| ADP Automatic Data Processing | 0.29% | 10,030 | $2.9M | No change |
| PFE Pfizer Inc. | 0.28% | 111,397 | $2.8M | Reduce -0.1% |
| C Citigroup Inc. | 0.27% | 26,838 | $2.7M | Reduce -1.1% |
| UNH Unitedhealth Group Inc. | 0.26% | 7,658 | $2.6M | Reduce -2.9% |
| FCNTX Fidelity Contrafund | 0.26% | 106,166 | $2.6M | No change |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.25% | 24,040 | $2.6M | Add +3.2% |
| HSY The Hershey Co. | 0.25% | 13,800 | $2.6M | Reduce -4.8% |
| D Dominion Energy Inc. | 0.25% | 41,397 | $2.5M | Add +1.9% |
| ITW Illinois Tool Works | 0.24% | 9,345 | $2.4M | Add +0.0% |
| WFC Wells Fargo & Co. | 0.24% | 28,982 | $2.4M | Reduce -0.5% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.24% | 74,318 | $2.4M | Add +0.7% |
| VFIAX Vanguard 500 Index-Adm | 0.24% | 3,919 | $2.4M | Add +2.5% |
| SPG Simon Property Group Inc. | 0.23% | 12,873 | $2.4M | No change |
| OKE Oneok Inc. | 0.23% | 32,214 | $2.4M | Add +32.4% |
| BMY Bristol-Myers Squibb Co. | 0.23% | 51,395 | $2.3M | Add +4.7% |
| FITB Fifth Third Bancorp | 0.21% | 49,260 | $2.2M | Reduce -0.7% |
| OMC Omnicom Group | 0.21% | 26,195 | $2.1M | No change |
| BDX Becton Dickinson and Co. | 0.20% | 11,003 | $2.1M | Reduce -4.4% |
| ADI Analog Devices Inc. | 0.20% | 8,176 | $2.0M | Add +0.0% |
| SYY Sysco Corp. | 0.19% | 23,367 | $1.9M | No change |
| IEO iShares U.S. Oil & Gas Explo | 0.19% | 20,556 | $1.9M | Reduce -0.8% |
| CVS CVS Health Corp. | 0.19% | 25,237 | $1.9M | Reduce -7.5% |
| MELI MercadoLibre Inc. | 0.18% | 795 | $1.9M | Add +0.4% |
Portfolio Sells Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | Reduce -0.2% | 5.80% | −0.33 |
| DIS The Walt Disney Co. | Reduce -2.8% | 0.72% | −0.16 |
| AMZN Amazon.com Inc. | Reduce -0.8% | 1.48% | −0.16 |
| CSCO Cisco Systems Inc. | Reduce -0.3% | 1.24% | −0.14 |
| TGT Target Corp. | Reduce -6.3% | 0.42% | −0.12 |
| V Visa Inc. Class A | Reduce -3.2% | 0.68% | −0.12 |
| MA Mastercard Inc. Class A | Reduce -5.4% | 0.61% | −0.09 |
| FDX FedEx Corp. | Reduce -6.9% | 0.54% | −0.07 |
| AMP Ameriprise Financial Inc. | Reduce -0.7% | 0.32% | −0.06 |
| LLY Eli Lilly & Co. | Reduce -4.0% | 0.37% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -0.3% | 4.49% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -8.3% | 0.15% | −0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.0% | 0.88% | −0.05 |
| COP Conocophillips | Reduce -20.0% | 0.17% | −0.05 |
| DOW Dow Inc. | Reduce -26.4% | 0.07% | −0.05 |
| MCD McDonald's Corp. | Reduce -5.9% | 0.33% | −0.04 |
| CNI Canadian Natl Railway Co. | Reduce -17.6% | 0.08% | −0.04 |
| EMR Emerson Electric Co. | Reduce -0.1% | 0.33% | −0.04 |
| CL Colgate-Palmolive Co. | Reduce -1.6% | 0.12% | −0.03 |
| NFLX Netflix Inc. | Reduce -0.3% | 0.14% | −0.03 |
| AKAM Akamai Technologies Inc. | Reduce -26.5% | 0.05% | −0.03 |
| KHC The Kraft Heinz Co. | Reduce -9.7% | 0.14% | −0.03 |
| T AT&T Inc. | Reduce -1.8% | 0.18% | −0.03 |
| INTC Intel Corp. | Reduce -53.4% | 0.04% | −0.02 |
| OEF iShares S&P 100 ETF | Reduce -2.3% | 0.85% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -1.0% | 0.12% | −0.02 |
| DVY iShares Select Dividend ETF | Reduce -0.7% | 0.68% | −0.02 |
| EMN Eastman Chemical Co. | Reduce -0.6% | 0.07% | −0.02 |
| FMAGX Fidelity Magellan Fund | Sold out | 0.00% | −0.02 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.02 |
| CARR Carrier Global Corp. | Reduce -1.1% | 0.05% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -16.4% | 0.09% | −0.02 |
| SCHV Schwab US Large-Cap Value | Reduce -22.8% | 0.05% | −0.02 |
| SWK Stanley Black & Decker Inc. | Reduce -27.6% | 0.04% | −0.02 |
| CVS CVS Health Corp. | Reduce -7.5% | 0.19% | −0.02 |
| NRG NRG Energy Inc. | Reduce -5.4% | 0.10% | −0.02 |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | Sold out | 0.00% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -1.1% | 0.48% | −0.01 |
| PH Parker Hannifin Corp. | Reduce -0.1% | 1.08% | −0.01 |
| AXAHY AXA -Spons ADR | Reduce -2.7% | 0.08% | −0.01 |
| AMGN Amgen Inc. | Reduce -2.8% | 0.11% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -0.5% | 0.24% | −0.01 |
| PFE Pfizer Inc. | Reduce -0.1% | 0.28% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -4.4% | 0.20% | −0.01 |
| UNM Unum Group | Reduce -1.0% | 0.07% | −0.01 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.4% | 0.29% | −0.01 |
| IEO iShares U.S. Oil & Gas Explo | Reduce -0.8% | 0.19% | −0.01 |
| AVT Avnet Inc. | Reduce -5.2% | 0.05% | −0.01 |
| IP International Paper Co. | Reduce -2.2% | 0.06% | −0.01 |
| BAC Bank of America Corp. | Reduce -0.8% | 0.54% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOGL Alphabet Inc. Class A | Add +1.2% | 2.65% | +0.56 |
| JNJ Johnson & Johnson | Add +3.6% | 1.48% | +0.19 |
| GLW Corning Inc. | Add +1.0% | 0.56% | +0.17 |
| ABBV Abbvie Inc. | Add +0.8% | 1.14% | +0.14 |
| NVDA Nvidia Corp. | Add +3.4% | 1.33% | +0.13 |
| DHI D.R. Horton Inc. | Add +4.0% | 0.49% | +0.10 |
| QXO Qxo Inc. | Add +487.7% | 0.11% | +0.09 |
| COHR Coherent Corp. | Add +64.8% | 0.08% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.3% | 0.31% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.03% | +0.03 |
| SFTBF Softbank Group Corp. | New | 0.03% | +0.03 |
| TWLO Twilio Inc. Class A | Add +81.7% | 0.11% | +0.03 |
| BNY Bank of New York Mellon Corp. | Add +3.2% | 0.25% | +0.03 |
| ILF iShares Latin America 40 ETF | New | 0.03% | +0.03 |
| ETHA iShares Ethereum Trust ETF | New | 0.03% | +0.03 |
| TSLA Tesla Inc. | New | 0.02% | +0.02 |
| SHOP Shopify Inc. Class A | New | 0.02% | +0.02 |
| XLE SS Energy Select Sector | New | 0.02% | +0.02 |
| ULTA Ulta Beauty Inc. | Add +0.3% | 0.34% | +0.02 |
| IJR iShares Core S&P Small-Cap E | New | 0.02% | +0.02 |
| TJX TJX Companies Inc. | New | 0.02% | +0.02 |
| IUSG iShares Core S&P U.S. Growth | New | 0.02% | +0.02 |
| OKE Oneok Inc. | Add +32.4% | 0.23% | +0.02 |
| ZVRA Zevra Therapeutics Inc. | Add +43.9% | 0.05% | +0.02 |
| RTX RTX Corp. | Add +0.4% | 0.34% | +0.02 |
| XLV SS Health Care Select Sector | Add +31.4% | 0.06% | +0.01 |
| HCA HCA Healthcare Inc. | Add +0.9% | 0.50% | +0.01 |
| PACB Pacific Biosciences of Calif | Add +33.3% | 0.05% | +0.01 |
| EEM iShares MSCI Emerging Market | Add +8.1% | 0.13% | +0.01 |
| IVW iShares S&P 500 Growth ETF | Add +2.0% | 0.54% | +0.01 |
| AIQ Global X Art Intel & Tech | Add +5.0% | 0.13% | +0.01 |
| NKE Nike Inc. Class B | Add +43.6% | 0.04% | +0.01 |
| BA The Boeing Co. | Add +12.6% | 0.16% | +0.01 |
| OXY Occidental Petroleum Corp. | Add +6.1% | 0.09% | +0.01 |
| EWJ iShares MSCI Japan ETF | Add +28.6% | 0.03% | +0.01 |
| EWW iShares MSCI Mexico ETF | Add +10.4% | 0.04% | +0.00 |
| BNGO Bionano Genomics Inc. | New | 0.00% | +0.00 |
| FXAIX Fidelity 500 Index Fund | Add +5.5% | 0.11% | +0.00 |
| RSP Invesco S&P 500 Equal Weight | Add +6.2% | 0.39% | +0.00 |
| CXT Crane NXT Co. | Add +0.0% | 0.03% | +0.00 |
| SSNC Ss&c Technologies Holdings | Add +7.3% | 0.07% | +0.00 |
| XLK SS Technology Select Sector | Add +0.8% | 0.10% | +0.00 |
| SCHB Schwab US Broad Market ETF | Add +2.4% | 0.33% | +0.00 |
| IBIT iShares Bitcoin Trust ETF | Add +7.7% | 0.04% | +0.00 |
| VFIAX Vanguard 500 Index-Adm | Add +2.5% | 0.24% | +0.00 |
| FBGRX Fidelity Blue Chip Growth | Add +1.9% | 0.12% | +0.00 |
| SCHX Schwab US Large-Cap ETF | Add +2.8% | 0.15% | +0.00 |
| D Dominion Energy Inc. | Add +1.9% | 0.25% | +0.00 |
| OGN Organon & Co. | Add +0.4% | 0.02% | +0.00 |
| SCHD Schwab US DVD Equity ETF | Add +6.6% | 0.08% | 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 |