Chesapeake Asset Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed January 5, 2026), Chesapeake Asset Management LLC reported 291 stock positions worth $100.9 million. Its top holding was Microsoft (MSFT) at 10.0% of the portfolio, followed by Eli Lilly (LLY, 7.4%) and Apple (AAPL, 5.1%). Compared with Q4 2023, it opened 18 new positions, sold out of 102, added to 34 and reduced 117. The biggest buy was Nvidia (NVDA, shares +499%) and the biggest sale Archer-Daniels-Midland (ADM, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001079397
- Portfolio Value
- $100.9M (Q1 2024)
- SEC Filing
- 0001079397-26-000005 ↗ filed Jan 5, 2026
Holdings Value
Holdings 291 stocks · $100.9M
| MSFT Microsoft Corp. | 9.98% | 23,926 | $10.1M | Reduce -4.9% |
| LLY Eli Lilly & Co. | 7.38% | 9,573 | $7.4M | Reduce -7.6% |
| AAPL Apple Inc. | 5.09% | 29,935 | $5.1M | Reduce -8.0% |
| MRK Merck & Co. Inc. | 4.19% | 32,072 | $4.2M | Reduce -17.8% |
| JPM JPMorgan Chase & Co. | 3.49% | 17,579 | $3.5M | Reduce -5.0% |
| SPOT Spotify Technology SA | 3.16% | 12,073 | $3.2M | Reduce -0.6% |
| LMT Lockheed Martin Corp. | 2.94% | 6,528 | $3.0M | Reduce -8.1% |
| PEP Pepsico Inc. | 2.54% | 14,655 | $2.6M | Reduce -37.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.43% | 4,668 | $2.4M | Reduce -8.0% |
| GGAL Grupo Financiero Galicia-ADR | 2.41% | 95,680 | $2.4M | No change |
| AFL Aflac Inc. | 2.40% | 28,251 | $2.4M | No change |
| NVDA Nvidia Corp. | 2.35% | 2,619 | $2.4M | Add +499.3% |
| R Ryder System Inc. | 2.31% | 19,350 | $2.3M | No change |
| J Jacobs Solutions Inc. | 2.28% | 14,973 | $2.3M | Reduce -0.6% |
| CHD Church & Dwight Co. Inc. | 2.01% | 19,441 | $2.0M | Reduce -0.5% |
| MAS Masco Corp. | 1.90% | 24,259 | $1.9M | No change |
| BMA Banco Macro SA-ADR | 1.86% | 38,881 | $1.9M | Add +6.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.72% | 9,087 | $1.7M | Reduce -13.8% |
| AVGO Broadcom Inc. | 1.54% | 1,176 | $1.6M | Reduce -47.9% |
| BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A | 1.39% | 165,850 | $1.4M | No change |
| AMZN Amazon.com Inc. | 1.33% | 7,465 | $1.3M | Reduce -14.4% |
| UL Unilever PLC | 1.29% | 26,002 | $1.3M | Reduce -0.8% |
| GLD SPDR Gold Shares | 1.21% | 5,952 | $1.2M | Reduce -1.9% |
| ABBV Abbvie Inc. | 1.19% | 6,573 | $1.2M | Reduce -49.5% |
| SPG Simon Property Group Inc. | 1.12% | 7,200 | $1.1M | No change |
| RTX RTX Corp. | 0.95% | 9,839 | $960K | Reduce -16.8% |
| ETN Eaton Corp. PLC | 0.93% | 3,000 | $938K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.92% | 2,078 | $924K | Reduce -21.4% |
| CVX Chevron Corp. | 0.82% | 5,239 | $826K | Reduce -45.3% |
| PG The Procter & Gamble Co. | 0.76% | 4,710 | $764K | Reduce -43.0% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.70% | 13,141 | $702K | No change |
| GWRE Guidewire Software Inc. | 0.66% | 5,728 | $669K | No change |
| MCD McDonald's Corp. | 0.65% | 2,340 | $660K | Reduce -35.1% |
| PNC PNC Financial Services Group | 0.65% | 4,078 | $659K | Reduce -45.8% |
| IWM iShares Russell 2000 ETF | 0.64% | 3,067 | $645K | Add +18.8% |
| MDLZ Mondelez International Inc. Class A | 0.64% | 9,180 | $643K | Reduce -44.6% |
| NEE Nextera Energy Inc. | 0.62% | 9,714 | $621K | Reduce -18.3% |
| META Meta Platforms Inc. Class A | 0.61% | 1,275 | $619K | Reduce -51.1% |
| HD Home Depot Inc. | 0.57% | 1,504 | $577K | Reduce -42.0% |
| USB US Bancorp | 0.54% | 12,121 | $542K | Reduce -40.5% |
| O Realty Income Corp. | 0.53% | 9,950 | $538K | Reduce -41.3% |
| APD Air Products & Chemicals Inc. | 0.53% | 2,216 | $537K | Reduce -31.6% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 0.53% | 26,880 | $532K | No change |
| WMB Williams Cos Inc. | 0.52% | 13,358 | $521K | Reduce -30.4% |
| SBUX Starbucks Corp. | 0.50% | 5,513 | $504K | Reduce -44.7% |
| PSX Phillips 66 | 0.50% | 3,082 | $503K | Reduce -22.0% |
| GOOGL Alphabet Inc. Class A | 0.50% | 3,322 | $501K | Reduce -45.4% |
| PLD Prologis Inc. | 0.50% | 3,838 | $500K | Reduce -38.1% |
| TXN Texas Instruments Inc. | 0.49% | 2,827 | $492K | Reduce -42.8% |
| TRV The Travelers Cos Inc. | 0.49% | 2,137 | $492K | Reduce -34.5% |
| PAM Pampa Energia SA-Spon ADR | 0.48% | 11,202 | $483K | No change |
| MRSH Marsh & McLennan Cos | 0.47% | 2,293 | $472K | Reduce -37.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.44% | 1,724 | $448K | Add +347.8% |
| SRE Sempra | 0.41% | 5,736 | $412K | Reduce -31.4% |
| GLW Corning Inc. | 0.40% | 12,175 | $401K | Reduce -20.3% |
| EG Everest Group Ltd. | 0.40% | 1,004 | $399K | Add +57.1% |
| XOM Exxon Mobil Corp. | 0.38% | 3,320 | $386K | Reduce -51.6% |
| SMCI Super Micro Computer Inc. | 0.38% | 380 | $384K | Reduce -48.9% |
| CSCO Cisco Systems Inc. | 0.37% | 7,537 | $376K | Reduce -32.9% |
| ADP Automatic Data Processing | 0.37% | 1,480 | $370K | Reduce -36.9% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.36% | 2,356 | $363K | Add +189.8% |
| KDP Keurig Dr Pepper Inc. | 0.33% | 10,956 | $336K | Reduce -30.4% |
| UPS United Parcel Service Class B | 0.32% | 2,180 | $324K | Reduce -33.5% |
| LVS Las Vegas Sands Corp. | 0.28% | 5,536 | $286K | Add +65.3% |
| UBS UBS Group AG-Reg | 0.28% | 9,200 | $283K | Add +85.9% |
| PAYX Paychex Inc. | 0.27% | 2,196 | $270K | Reduce -45.6% |
| ITW Illinois Tool Works | 0.27% | 997 | $268K | Reduce -36.7% |
| CRESY Cresud S.A.-Spons ADR | 0.26% | 29,615 | $264K | Add +1.0% |
| FCX Freeport-McMoran Inc. | 0.25% | 5,455 | $256K | Add +2964.6% |
| DELL Dell Technologies -C | 0.25% | 2,239 | $255K | Add +4205.8% |
| KMI Kinder Morgan Inc. | 0.25% | 13,910 | $255K | Reduce -28.1% |
| CME Cme Group Inc. | 0.25% | 1,174 | $253K | Add +225.2% |
| QCOM Qualcomm Inc. | 0.25% | 1,485 | $251K | Reduce -48.8% |
| BABA Alibaba Group Holding-SP ADR | 0.22% | 3,060 | $221K | Reduce -2.1% |
| WEC WEC Energy Group Inc. | 0.22% | 2,657 | $218K | Reduce -38.2% |
| INDA iShares MSCI India ETF | 0.21% | 4,200 | $217K | No change |
| VZ Verizon Communications Inc. | 0.19% | 4,587 | $192K | Reduce -50.9% |
| NXPI NXP Semiconductors NV | 0.18% | 748 | $185K | Reduce -33.0% |
| SPHR Sphere Entertainment Co. | 0.18% | 3,715 | $182K | Add +42.1% |
| IWB iShares Russell 1000 ETF | 0.18% | 625 | $180K | Reduce -67.4% |
| LOMA Loma Negra Cia Ind-Spon ADR | 0.17% | 25,806 | $172K | No change |
| XOP SS SPDR S&P Og Exp & Prod | 0.17% | 1,110 | $172K | No change |
| ABT Abbott Laboratories | 0.16% | 1,404 | $160K | Reduce -35.8% |
| XLF SS Financial Select Sector | 0.15% | 3,660 | $154K | No change |
| AMD Advanced Micro Devices | 0.15% | 832 | $150K | No change |
| FAST Fastenal Co. | 0.14% | 1,890 | $146K | Reduce -33.0% |
| DBRG Digitalbridge Group Inc. | 0.12% | 6,160 | $119K | No change |
| IEMG iShares Core MSCI Emerging | 0.11% | 2,132 | $110K | Reduce -7.8% |
| SONY Sony Group Corp. - SP ADR | 0.11% | 1,233 | $106K | No change |
| SHEL Shell PLC-ADR | 0.10% | 1,505 | $101K | No change |
| EWY iShares MSCI South Korea ETF | 0.10% | 1,480 | $99K | Reduce -71.0% |
| VMI Valmont Industries | 0.10% | 430 | $98K | No change |
| ABNB Airbnb Inc. Class A | 0.10% | 594 | $98K | Reduce -14.8% |
| AMGN Amgen Inc. | 0.09% | 321 | $91K | Reduce -47.5% |
| APO Apollo Global Management Inc. | 0.09% | 800 | $90K | No change |
| SCHP Schwab U.S. Tips ETF | 0.09% | 1,658 | $86K | New |
| NPWR Net Power Inc. | 0.08% | 7,000 | $80K | No change |
| GDX Vaneck Gold Miners ETF | 0.08% | 2,500 | $79K | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.08% | 414 | $76K | Reduce -0.2% |
| GOOG Alphabet Inc. Class C | 0.07% | 495 | $75K | Reduce -87.9% |
Options reported separately and not counted above: PUT 100 APPLE INC COM EXP 04-19-24@185.000 OPTION ROOT= AAPL puts ($265K), B. RILEY FINANCIAL INC puts ($16K), ALIBABA GROUP HLDG LTD puts ($4K), SNOWFLAKE INC puts ($3K), TESLA INC puts ($3K), CME GROUP INC puts ($2K), OKTA INC puts ($2K), STARBUCKS CORP puts ($2K), PALO ALTO NETWORKS INC puts ($1K), ALPHABET INC puts ($1K), DELL TECHNOLOGIES INC puts ($1K), ADVANCED MICRO DEVICES INC puts ($1K), and 24 more.
Portfolio Sells Q4 2023 → Q1 2024
| ADM Archer-Daniels-Midland Co. | Reduce -99.0% | 0.02% | −1.68 |
| PEP Pepsico Inc. | Reduce -37.4% | 2.54% | −1.01 |
| DLOCAL LTD | Sold out | 0.00% | −0.96 |
| AVGO Broadcom Inc. | Reduce -47.9% | 1.54% | −0.70 |
| DIS The Walt Disney Co. | Reduce -95.0% | 0.05% | −0.67 |
| ABBV Abbvie Inc. | Reduce -49.5% | 1.19% | −0.61 |
| AAPL Apple Inc. | Reduce -8.0% | 5.09% | −0.50 |
| CVX Chevron Corp. | Reduce -45.3% | 0.82% | −0.45 |
| GOOG Alphabet Inc. Class C | Reduce -87.9% | 0.07% | −0.44 |
| MDLZ Mondelez International Inc. Class A | Reduce -44.6% | 0.64% | −0.43 |
| PNC PNC Financial Services Group | Reduce -45.8% | 0.65% | −0.39 |
| SBUX Starbucks Corp. | Reduce -44.7% | 0.50% | −0.35 |
| O Realty Income Corp. | Reduce -41.3% | 0.53% | −0.33 |
| PG The Procter & Gamble Co. | Reduce -43.0% | 0.76% | −0.32 |
| KO The Coca-Cola Co. | Reduce -85.3% | 0.07% | −0.32 |
| MCD McDonald's Corp. | Reduce -35.1% | 0.65% | −0.30 |
| LAUDER ESTEE COS INC | Sold out | 0.00% | −0.28 |
| ALPHABET INC | Sold out | 0.00% | −0.27 |
| IWB iShares Russell 1000 ETF | Reduce -67.4% | 0.18% | −0.27 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.27 |
| TXN Texas Instruments Inc. | Reduce -42.8% | 0.49% | −0.26 |
| GOOGL Alphabet Inc. Class A | Reduce -45.4% | 0.50% | −0.26 |
| APD Air Products & Chemicals Inc. | Reduce -31.6% | 0.53% | −0.26 |
| USB US Bancorp | Reduce -40.5% | 0.54% | −0.25 |
| PLD Prologis Inc. | Reduce -38.1% | 0.50% | −0.24 |
| XOM Exxon Mobil Corp. | Reduce -51.6% | 0.38% | −0.23 |
| HD Home Depot Inc. | Reduce -42.0% | 0.57% | −0.23 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −0.23 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.22 |
| META Meta Platforms Inc. Class A | Reduce -51.1% | 0.61% | −0.21 |
| EWY iShares MSCI South Korea ETF | Reduce -71.0% | 0.10% | −0.20 |
| MDT Medtronic PLC | Reduce -88.5% | 0.03% | −0.20 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.18 |
| PAYX Paychex Inc. | Reduce -45.6% | 0.27% | −0.16 |
| MRSH Marsh & McLennan Cos | Reduce -37.5% | 0.47% | −0.15 |
| SRE Sempra | Reduce -31.4% | 0.41% | −0.15 |
| ES Eversource Energy | Reduce -73.7% | 0.06% | −0.15 |
| UPS United Parcel Service Class B | Reduce -33.5% | 0.32% | −0.14 |
| UPWK Upwork Inc. | Sold out | 0.00% | −0.14 |
| KDP Keurig Dr Pepper Inc. | Reduce -30.4% | 0.33% | −0.13 |
| CSCO Cisco Systems Inc. | Reduce -32.9% | 0.37% | −0.13 |
| JCI Johnson Controls Internation | Reduce -71.3% | 0.07% | −0.13 |
| QCOM Qualcomm Inc. | Reduce -48.8% | 0.25% | −0.13 |
| VZ Verizon Communications Inc. | Reduce -50.9% | 0.19% | −0.12 |
| ADP Automatic Data Processing | Reduce -36.9% | 0.37% | −0.12 |
| SNOW Snowflake Inc. | Reduce -88.3% | 0.01% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -72.4% | 0.06% | −0.11 |
| WEC WEC Energy Group Inc. | Reduce -38.2% | 0.22% | −0.11 |
| ITW Illinois Tool Works | Reduce -36.7% | 0.27% | −0.10 |
| CCI Crown Castle Inc. | Reduce -69.6% | 0.04% | −0.09 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +499.3% | 2.35% | +2.15 |
| ETN Eaton Corp. PLC | New | 0.93% | +0.93 |
| BMA Banco Macro SA-ADR | Add +6.4% | 1.86% | +0.92 |
| VTI VG Morningstar TS MKT ETF-US | Add +347.8% | 0.44% | +0.36 |
| EL Estee Lauder Companies Class A | Add +189.8% | 0.36% | +0.25 |
| DELL Dell Technologies -C | Add +4205.8% | 0.25% | +0.25 |
| FCX Freeport-McMoran Inc. | Add +2964.6% | 0.25% | +0.25 |
| EG Everest Group Ltd. | Add +57.1% | 0.40% | +0.19 |
| CME Cme Group Inc. | Add +225.2% | 0.25% | +0.18 |
| IWM iShares Russell 2000 ETF | Add +18.8% | 0.64% | +0.18 |
| UBS UBS Group AG-Reg | Add +85.9% | 0.28% | +0.14 |
| LVS Las Vegas Sands Corp. | Add +65.3% | 0.28% | +0.14 |
| SPHR Sphere Entertainment Co. | Add +42.1% | 0.18% | +0.10 |
| SCHP Schwab U.S. Tips ETF | New | 0.09% | +0.09 |
| VWO Vanguard Ftse Emerging Marke | Add +761.0% | 0.07% | +0.06 |
| PPL PPL Corp. | New | 0.06% | +0.06 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.05% | +0.05 |
| HYLB Xtrackers Usd High Yield Cor | New | 0.05% | +0.05 |
| VGK Vanguard Ftse Europe ETF | Add +419.4% | 0.06% | +0.05 |
| GE General Electric | Add +48.7% | 0.07% | +0.04 |
| AGG iShares Core U.S. Aggregate | New | 0.03% | +0.03 |
| VPL Vanguard Ftse Pacific ETF | Add +266.7% | 0.03% | +0.03 |
| TCPC BlackRock TCP Capital Corp. | New | 0.03% | +0.03 |
| URI United Rentals Inc. | New | 0.02% | +0.02 |
| VNQ Vanguard Real Estate ETF | Add +138.5% | 0.04% | +0.02 |
| XLK SS Technology Select Sector | New | 0.02% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +110.3% | 0.03% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.02% | +0.02 |
| LOW Lowe's Cos Inc. | New | 0.02% | +0.02 |
| ROBO Robo Global Robotics and Aut | Add +152.7% | 0.02% | +0.01 |
| C Citigroup Inc. | Add +10.3% | 0.04% | +0.01 |
| MELI MercadoLibre Inc. | New | 0.01% | +0.01 |
| CSX CSX Corp. | Add +214.6% | 0.01% | +0.01 |
| IRS Irsa -SP ADR | New | 0.01% | +0.01 |
| ZTS Zoetis Inc. | New | 0.01% | +0.01 |
| GD General Dynamics Corp. | Add +36.4% | 0.02% | +0.01 |
| KWEB Kranesh Csi China Internet | Add +38.5% | 0.02% | +0.01 |
| BBCA JPMorgan Betabuilders Canada | New | 0.01% | +0.01 |
| EXPE Expedia Group Inc. | New | 0.01% | +0.01 |
| GEHC GE Healthcare Technology | Add +48.3% | 0.01% | +0.01 |
| EOG EOG Resources Inc. | New | 0.00% | +0.00 |
| CRESY Cresud S.A.-Spons ADR | Add +1.0% | 0.26% | +0.00 |
| PANW Palo Alto Networks Inc. | New | 0.00% | +0.00 |
| CCL Carnival Corp. | Add +42.9% | 0.01% | +0.00 |
| JNK SS SPDR BB High Yield Bond | Add +5.0% | 0.01% | +0.00 |
| VTIP Vanguard Short-Term Tips | Add +2.5% | 0.01% | +0.00 |
| ET Energy Transfer LP | Add +2.1% | 0.00% | +0.00 |
| JEPQ JPM Nasdaq Equity Premium | Add +23.9% | 0.00% | +0.00 |
| JEPI JPMorgan Equity Premium Inco | Add +1.1% | 0.01% | +0.00 |
| PDBC Invesco Optimum Yield Divers | Add +41.9% | 0.00% | +0.00 |
Options Activity Q4 2023 → Q1 2024
| B. RILEY FINANCIAL INC | put | New | 120 | $16K |
| ALIBABA GROUP HLDG LTD | put | New | 24 | $4K |
| SNOWFLAKE INC | put | New | 6 | $3K |
| TESLA INC | put | New | 7 | $3K |
| CME GROUP INC | put | New | 4 | $2K |
| OKTA INC | put | New | 3 | $2K |
| STARBUCKS CORP | put | New | 26 | $2K |
| PALO ALTO NETWORKS INC | put | New | 2 | $1K |
| ALPHABET INC | put | New | 7 | $1K |
| DELL TECHNOLOGIES INC | put | New | 24 | $1K |
| ADVANCED MICRO DEVICES INC | put | New | 13 | $1K |
| NEXTERA ENERGY INC | put | New | 20 | $656 |
| AMGEN INC | put | New | 2 | $470 |
| FIDELITY NATIONAL FINANCIAL | put | New | 10 | $467 |
| OCCIDENTAL PETE CORP | put | New | 20 | $426 |
| MEDTRONIC PLC | put | New | 9 | $396 |
| AMAZON COM INC | put | New | 4 | $386 |
| NXP SEMICONDUCTORS N V | put | New | 3 | $354 |
| DISNEY WALT CO | put | New | 3 | $328 |
| PNC FINL SVCS GROUP INC | put | New | 2 | $280 |
| BOEING CO | put | New | 2 | $254 |
| WILLIAMS COS INC | put | New | 7 | $245 |
| MCDONALDS CORP | put | New | 3 | $238 |
| WEC ENERGY GROUP INC | put | New | 4 | $230 |
| EXXON MOBIL CORP | put | New | 18 | $182 |
| PAYPAL HLDGS INC | put | New | 3 | $151 |
| INTERNATIONAL BUSINESS MACHS | put | New | 10 | $124 |
| AMERICAN TOWER CORP NEW | put | New | 3 | $102 |
| JOHNSON CONTROLS INTERNATION | put | New | 12 | $72 |
| ABBVIE INC | put | New | 5 | $71 |
| SCHWAB CHARLES CORP | put | New | 10 | $43 |
| CHEVRON CORPORATION | put | New | 2 | $20 |
| CVS HEALTH CORP | put | New | 20 | $15 |
| REGIONS FINANCIAL CORP NEW | put | New | 3 | $11 |
| SPOTIFY TECHNOLOGY S A | put | Reduce -97.5% | 1 | $6 |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 362 | $130.5M | LLY, BIL, AAPL, JPM, MSFT |
| Q1 2026 | 312 | $124.8M | BIL, LLY, AAPL, MSFT, JPM |
| Q4 2025 | 336 | $120.5M | MSFT, LLY, AAPL, JPM, SPOT |
| Q3 2025 | 292 | $112.9M | MSFT, AAPL, LLY, JPM, SPOT |
| Q2 2025 | 293 | $110.0M | MSFT, LLY, SPOT, AAPL, JPM |
| Q1 2025 | 517 | $105.1M | MSFT, LLY, AAPL, JPM, SPOT |
| Q4 2024 | 493 | $107.4M | MSFT, AAPL, LLY, JPM, GGAL |
| Q3 2024 | 491 | $115.1M | MSFT, LLY, AAPL, SPOT, JPM |
| Q2 2024 | 300 | $104.3M | MSFT, LLY, AAPL, MRK, SPOT |
| Q1 2024 | 291 | $100.9M | MSFT, LLY, AAPL, MRK, JPM |