Chesapeake Asset Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed January 5, 2026), Chesapeake Asset Management LLC reported 491 stock positions worth $115.1 million. Its top holding was Microsoft (MSFT) at 9.0% of the portfolio, followed by Eli Lilly (LLY, 7.4%) and Apple (AAPL, 6.2%). Compared with Q2 2024, it opened 208 new positions, sold out of 18, added to 126 and reduced 61. The biggest buy was Nvidia (NVDA, shares +720%) and the biggest sale Merck (MRK, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001079397
- Portfolio Value
- $115.1M (Q3 2024)
- SEC Filing
- 0001079397-26-000003 ↗ filed Jan 5, 2026
Holdings Value
Holdings 491 stocks · $115.1M
| MSFT Microsoft Corp. | 8.96% | 23,973 | $10.3M | Add +0.3% |
| LLY Eli Lilly & Co. | 7.38% | 9,592 | $8.5M | Add +0.3% |
| AAPL Apple Inc. | 6.17% | 30,489 | $7.1M | Reduce -5.9% |
| SPOT Spotify Technology SA | 3.60% | 11,237 | $4.1M | Reduce -6.9% |
| JPM JPMorgan Chase & Co. | 3.37% | 18,410 | $3.9M | Add +0.7% |
| LMT Lockheed Martin Corp. | 3.23% | 6,355 | $3.7M | Reduce -0.1% |
| MRK Merck & Co. Inc. | 2.85% | 28,902 | $3.3M | Reduce -9.3% |
| AFL Aflac Inc. | 2.74% | 28,251 | $3.2M | No change |
| NVDA Nvidia Corp. | 2.62% | 24,860 | $3.0M | Add +720.5% |
| R Ryder System Inc. | 2.45% | 19,350 | $2.8M | No change |
| PEP Pepsico Inc. | 2.20% | 14,911 | $2.5M | Add +1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.12% | 4,246 | $2.4M | Reduce -1.4% |
| GGAL Grupo Financiero Galicia-ADR | 2.11% | 57,680 | $2.4M | Reduce -39.7% |
| GLD SPDR Gold Shares | 1.83% | 8,655 | $2.1M | Add +47.8% |
| CHD Church & Dwight Co. Inc. | 1.76% | 19,341 | $2.0M | Reduce -0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.75% | 9,095 | $2.0M | Add +0.1% |
| AVGO Broadcom Inc. | 1.74% | 11,589 | $2.0M | Add +3.4% |
| J Jacobs Solutions Inc. | 1.67% | 14,673 | $1.9M | Reduce -2.0% |
| BMA Banco Macro SA-ADR | 1.50% | 27,223 | $1.7M | Reduce -30.1% |
| MAS Masco Corp. | 1.48% | 20,259 | $1.7M | Reduce -16.5% |
| UL Unilever PLC | 1.44% | 25,602 | $1.7M | Reduce -1.5% |
| AMZN Amazon.com Inc. | 1.38% | 8,522 | $1.6M | Add +14.5% |
| ABBV Abbvie Inc. | 1.11% | 6,470 | $1.3M | Add +1.5% |
| SPG Simon Property Group Inc. | 1.06% | 7,205 | $1.2M | Add +0.1% |
| BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A | 1.01% | 111,850 | $1.2M | Reduce -32.6% |
| RTX RTX Corp. | 0.98% | 9,320 | $1.1M | Reduce -4.2% |
| GWRE Guidewire Software Inc. | 0.91% | 5,728 | $1.0M | No change |
| AMD Advanced Micro Devices | 0.87% | 6,092 | $1000K | Add +36.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.83% | 1,964 | $960K | No change |
| MDLZ Mondelez International Inc. Class A | 0.75% | 11,677 | $860K | Add +27.6% |
| NEE Nextera Energy Inc. | 0.74% | 10,146 | $858K | Reduce -7.7% |
| ETN Eaton Corp. PLC | 0.72% | 2,506 | $831K | Reduce -7.4% |
| PG The Procter & Gamble Co. | 0.70% | 4,641 | $804K | Add +1.6% |
| CVX Chevron Corp. | 0.69% | 5,362 | $790K | Add +8.1% |
| ORCL Oracle Corp. | 0.67% | 4,513 | $769K | Reduce -42.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.64% | 9,159 | $740K | Add +496.3% |
| MCD McDonald's Corp. | 0.64% | 2,405 | $732K | Add +4.1% |
| WMB Williams Cos Inc. | 0.62% | 15,681 | $716K | Add +20.9% |
| META Meta Platforms Inc. Class A | 0.62% | 1,242 | $711K | Reduce -1.0% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.61% | 12,221 | $699K | No change |
| PNC PNC Financial Services Group | 0.60% | 3,757 | $694K | Reduce -0.2% |
| SONY Sony Group Corp. - SP ADR | 0.59% | 7,024 | $679K | Add +469.7% |
| PAM Pampa Energia SA-Spon ADR | 0.58% | 11,202 | $673K | No change |
| TRV The Travelers Cos Inc. | 0.55% | 2,724 | $638K | Add +27.5% |
| IWM iShares Russell 2000 ETF | 0.55% | 2,886 | $637K | No change |
| HD Home Depot Inc. | 0.55% | 1,558 | $631K | Add +5.4% |
| O Realty Income Corp. | 0.54% | 9,788 | $621K | Add +2.3% |
| TXN Texas Instruments Inc. | 0.50% | 2,809 | $580K | Add +3.5% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 0.50% | 26,880 | $570K | No change |
| SBUX Starbucks Corp. | 0.49% | 5,816 | $567K | Add +0.5% |
| XOM Exxon Mobil Corp. | 0.49% | 4,805 | $563K | Add +46.2% |
| MRSH Marsh & McLennan Cos | 0.45% | 2,347 | $524K | Add +4.8% |
| GLW Corning Inc. | 0.45% | 11,543 | $521K | Add +1.9% |
| PRMW Primo Water Corp. | 0.45% | 20,624 | $521K | New |
| GOOGL Alphabet Inc. Class A | 0.45% | 3,100 | $514K | Reduce -6.3% |
| ADP Automatic Data Processing | 0.43% | 1,783 | $493K | Add +20.7% |
| SRE Sempra | 0.42% | 5,812 | $486K | Add +4.4% |
| AMTM Amentum Holdings Inc. | 0.41% | 14,673 | $473K | Reduce -2.0% |
| APD Air Products & Chemicals Inc. | 0.38% | 1,487 | $443K | Reduce -1.2% |
| PSX Phillips 66 | 0.37% | 3,220 | $423K | Add +4.2% |
| THD iShares MSCI Thailand ETF | 0.36% | 6,000 | $416K | New |
| ITOT iShares Core S&P Total U.S. | 0.33% | 3,043 | $382K | No change |
| PLD Prologis Inc. | 0.33% | 2,987 | $377K | Reduce -7.9% |
| KDP Keurig Dr Pepper Inc. | 0.28% | 8,586 | $322K | Reduce -1.5% |
| PPL PPL Corp. | 0.28% | 9,649 | $319K | Add +97.0% |
| DELL Dell Technologies -C | 0.27% | 2,628 | $312K | Add +17.0% |
| KMI Kinder Morgan Inc. | 0.27% | 13,896 | $307K | Add +1.0% |
| CME Cme Group Inc. | 0.26% | 1,368 | $302K | Add +4.7% |
| PAYX Paychex Inc. | 0.26% | 2,207 | $296K | Add +3.6% |
| HPQ HP Inc. | 0.24% | 7,697 | $276K | Add +368.8% |
| ITW Illinois Tool Works | 0.24% | 1,038 | $272K | Add +5.0% |
| QCOM Qualcomm Inc. | 0.23% | 1,548 | $263K | Add +5.5% |
| WEC WEC Energy Group Inc. | 0.22% | 2,680 | $258K | Add +3.6% |
| CRESY Cresud S.A.-Spons ADR | 0.22% | 29,615 | $256K | No change |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.21% | 3,583 | $242K | Add +2962.4% |
| T AT&T Inc. | 0.20% | 10,290 | $226K | Add +729.8% |
| GD General Dynamics Corp. | 0.20% | 747 | $226K | Add +16.5% |
| VZ Verizon Communications Inc. | 0.19% | 4,887 | $219K | Add +8.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.18% | 747 | $212K | Add +110.4% |
| OKE Oneok Inc. | 0.18% | 2,295 | $209K | Add +53.4% |
| BABA Alibaba Group Holding-SP ADR | 0.18% | 1,969 | $209K | Reduce -34.2% |
| LOMA Loma Negra Cia Ind-Spon ADR | 0.18% | 25,806 | $208K | No change |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.17% | 2,000 | $199K | Add +146.0% |
| EG Everest Group Ltd. | 0.17% | 502 | $197K | Reduce -50.0% |
| UPS United Parcel Service Class B | 0.16% | 1,391 | $190K | Reduce -26.8% |
| NXPI NXP Semiconductors NV | 0.16% | 778 | $187K | Add +5.0% |
| XLF SS Financial Select Sector | 0.14% | 3,660 | $166K | No change |
| CSCO Cisco Systems Inc. | 0.13% | 2,876 | $153K | Reduce -50.1% |
| UBS UBS Group AG-Reg | 0.13% | 4,950 | $153K | No change |
| XOP SS SPDR S&P Og Exp & Prod | 0.13% | 1,110 | $146K | No change |
| USB US Bancorp | 0.12% | 3,112 | $142K | Reduce -52.4% |
| FAST Fastenal Co. | 0.12% | 1,986 | $142K | Add +4.0% |
| SCHP Schwab U.S. Tips ETF | 0.12% | 2,527 | $136K | Add +6.9% |
| IEMG iShares Core MSCI Emerging | 0.11% | 2,217 | $127K | Add +0.4% |
| BN Brookfield Corp. | 0.11% | 2,390 | $127K | New |
| VMI Valmont Industries | 0.11% | 430 | $125K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.10% | 2,470 | $118K | Add +34.0% |
| SPHR Sphere Entertainment Co. | 0.10% | 2,615 | $116K | No change |
| CHWY Chewy Inc. Class A | 0.10% | 3,900 | $114K | Reduce -2.5% |
| QQQM Invesco Nasdaq 100 ETF | 0.10% | 567 | $114K | Add +12.7% |
Options reported separately and not counted above: B. RILEY FINANCIAL INC puts ($9K), SNOWFLAKE INC puts ($6K), CELSIUS HLDGS INC puts ($6K), DISNEY WALT CO puts ($3K), DELL TECHNOLOGIES INC puts ($2K), OCCIDENTAL PETE CORP puts ($1K), ADVANCED MICRO DEVICES INC puts ($728), STARBUCKS CORP puts ($709), PROLOGIS INC. puts ($642), CME GROUP INC puts ($580), UNITED PARCEL SVCS INC puts ($532), TESLA INC puts ($485), and 23 more.
Portfolio Sells Q2 2024 → Q3 2024
| MRK Merck & Co. Inc. | Reduce -9.3% | 2.85% | −0.93 |
| GGAL Grupo Financiero Galicia-ADR | Reduce -39.7% | 2.11% | −0.70 |
| BMA Banco Macro SA-ADR | Reduce -30.1% | 1.50% | −0.64 |
| BBAR Bbva Argentina SA-ADR | Reduce -32.6% | 1.01% | −0.46 |
| ORCL Oracle Corp. | Reduce -42.5% | 0.67% | −0.40 |
| AAPL Apple Inc. | Reduce -5.9% | 6.17% | −0.38 |
| J Jacobs Solutions Inc. | Reduce -2.0% | 1.67% | −0.34 |
| HOOD Robinhood Markets Inc. Class A | Reduce -99.3% | 0.00% | −0.33 |
| FCX Freeport-McMoran Inc. | Reduce -96.5% | 0.01% | −0.25 |
| MGM MGM Resorts International | Sold out | 0.00% | −0.21 |
| EG Everest Group Ltd. | Reduce -50.0% | 0.17% | −0.20 |
| CHD Church & Dwight Co. Inc. | Reduce -0.5% | 1.76% | −0.17 |
| SMCI Super Micro Computer Inc. | Reduce -99.5% | 0.00% | −0.15 |
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −0.14 |
| GOOGL Alphabet Inc. Class A | Reduce -6.3% | 0.45% | −0.13 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.4% | 2.12% | −0.13 |
| CSCO Cisco Systems Inc. | Reduce -50.1% | 0.13% | −0.13 |
| USB US Bancorp | Reduce -52.4% | 0.12% | −0.13 |
| ABT Abbott Laboratories | Reduce -91.6% | 0.01% | −0.12 |
| AMGN Amgen Inc. | Reduce -98.8% | 0.00% | −0.10 |
| ETN Eaton Corp. PLC | Reduce -7.4% | 0.72% | −0.09 |
| UPS United Parcel Service Class B | Reduce -26.8% | 0.16% | −0.08 |
| DBRG Digitalbridge Group Inc. | Sold out | 0.00% | −0.08 |
| MAS Masco Corp. | Reduce -16.5% | 1.48% | −0.07 |
| AMTM Amentum Holdings Inc. | Reduce -2.0% | 0.41% | −0.05 |
| HYLB Xtrackers Usd High Yield Cor | Sold out | 0.00% | −0.05 |
| SPOT Spotify Technology SA | Reduce -6.9% | 3.60% | −0.04 |
| SGOV iShares 0-3 Month Treasury B | Reduce -29.0% | 0.06% | −0.03 |
| BABA Alibaba Group Holding-SP ADR | Reduce -34.2% | 0.18% | −0.03 |
| QUAL iShares MSCI USA Quality Fac | Reduce -53.6% | 0.02% | −0.02 |
| PLD Prologis Inc. | Reduce -7.9% | 0.33% | −0.02 |
| CORZ Core Scientific Inc. | Reduce -27.9% | 0.08% | −0.02 |
| VLO Valero Energy Corp. | Reduce -23.1% | 0.02% | −0.02 |
| ES Eversource Energy | Reduce -42.9% | 0.02% | −0.01 |
| F Ford Motor Co. | Reduce -96.0% | 0.00% | −0.01 |
| BIIB Biogen Inc. | Sold out | 0.00% | −0.01 |
| IRS Irsa -SP ADR | Sold out | 0.00% | −0.01 |
| CCL Carnival Corp. | Reduce -98.0% | 0.00% | −0.01 |
| GOVT iShares US Treasury Bond ETF | Sold out | 0.00% | −0.01 |
| RILY BRC Group Holdings Inc. | Reduce -9.1% | 0.00% | −0.01 |
| WOOD iShares Global Timber & Fore | Reduce -31.8% | 0.01% | −0.01 |
| ROBO Robo Global Robotics and Aut | Reduce -29.0% | 0.01% | −0.01 |
| IBB iShares Biotechnology ETF | Reduce -28.1% | 0.01% | −0.01 |
| CVS CVS Health Corp. | Reduce -21.7% | 0.02% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Sold out | 0.00% | −0.01 |
| C Citigroup Inc. | Reduce -21.0% | 0.01% | −0.01 |
| GSK GSK PLC-Spon ADR | Reduce -38.0% | 0.01% | −0.01 |
| MRNA Moderna Inc. | Sold out | 0.00% | −0.01 |
| CHWY Chewy Inc. Class A | Reduce -2.5% | 0.10% | −0.01 |
| BA The Boeing Co. | Reduce -24.2% | 0.01% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| NVDA Nvidia Corp. | Add +720.5% | 2.62% | +2.26 |
| GLD SPDR Gold Shares | Add +47.8% | 1.83% | +0.62 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +496.3% | 0.64% | +0.54 |
| SONY Sony Group Corp. - SP ADR | Add +469.7% | 0.59% | +0.49 |
| PRMW Primo Water Corp. | New | 0.45% | +0.45 |
| THD iShares MSCI Thailand ETF | New | 0.36% | +0.36 |
| IBM Intl Business Machines Corp. | Add +0.1% | 1.75% | +0.24 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +2962.4% | 0.21% | +0.20 |
| HPQ HP Inc. | Add +368.8% | 0.24% | +0.18 |
| AMD Advanced Micro Devices | Add +36.7% | 0.87% | +0.17 |
| T AT&T Inc. | Add +729.8% | 0.20% | +0.17 |
| MDLZ Mondelez International Inc. Class A | Add +27.6% | 0.75% | +0.17 |
| PPL PPL Corp. | Add +97.0% | 0.28% | +0.15 |
| TRV The Travelers Cos Inc. | Add +27.5% | 0.55% | +0.14 |
| XOM Exxon Mobil Corp. | Add +46.2% | 0.49% | +0.13 |
| BN Brookfield Corp. | New | 0.11% | +0.11 |
| WMB Williams Cos Inc. | Add +20.9% | 0.62% | +0.09 |
| VTI VG Morningstar TS MKT ETF-US | Add +110.4% | 0.18% | +0.09 |
| ADP Automatic Data Processing | Add +20.7% | 0.43% | +0.09 |
| EL Estee Lauder Companies Class A | Add +146.0% | 0.17% | +0.09 |
| W Wayfair Inc. Class A | New | 0.08% | +0.08 |
| IVV iShares Core S&P 500 ETF | New | 0.07% | +0.07 |
| MCD McDonald's Corp. | Add +4.1% | 0.64% | +0.07 |
| OKE Oneok Inc. | Add +53.4% | 0.18% | +0.06 |
| ABBV Abbvie Inc. | Add +1.5% | 1.11% | +0.06 |
| HD Home Depot Inc. | Add +5.4% | 0.55% | +0.06 |
| SBUX Starbucks Corp. | Add +0.5% | 0.49% | +0.06 |
| CX Cemex Sab-Spons ADR Part Cer | New | 0.06% | +0.06 |
| O Realty Income Corp. | Add +2.3% | 0.54% | +0.05 |
| PFE Pfizer Inc. | Add +87.9% | 0.09% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +107.4% | 0.08% | +0.04 |
| VNQ Vanguard Real Estate ETF | Add +228.3% | 0.05% | +0.03 |
| KWEB Kranesh Csi China Internet | Add +110.5% | 0.06% | +0.03 |
| IVW iShares S&P 500 Growth ETF | New | 0.03% | +0.03 |
| GLW Corning Inc. | Add +1.9% | 0.45% | +0.03 |
| WEC WEC Energy Group Inc. | Add +3.6% | 0.22% | +0.03 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | New | 0.03% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +34.0% | 0.10% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +102.3% | 0.09% | +0.02 |
| GD General Dynamics Corp. | Add +16.5% | 0.20% | +0.02 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | New | 0.02% | +0.02 |
| SRE Sempra | Add +4.4% | 0.42% | +0.02 |
| CME Cme Group Inc. | Add +4.7% | 0.26% | +0.02 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.02% | +0.02 |
| PAYX Paychex Inc. | Add +3.6% | 0.26% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +61.7% | 0.04% | +0.01 |
| EFV iShares MSCI Eafe Value ETF | Add +884.9% | 0.02% | +0.01 |
| DIS The Walt Disney Co. | Add +49.5% | 0.06% | +0.01 |
| DUK Duke Energy Corp. | Add +178.7% | 0.02% | +0.01 |
| VZ Verizon Communications Inc. | Add +8.7% | 0.19% | +0.01 |
Options Activity Q2 2024 → Q3 2024
| ISHARES TR | put | Sold out | 550 | $308Kbefore exit |
| SPOTIFY TECHNOLOGY S A | put | Sold out | 31 | $24Kbefore exit |
| B. RILEY FINANCIAL INC | put | Reduce -76.7% | 20 | $9K |
| DELL TECHNOLOGIES INC | put | Add +133.3% | 28 | $2K |
| ALIBABA GROUP HLDG LTD | put | Reduce -15.0% | 17 | $282 |
| CROWDSTRIKE HLDGS INC | put | New | 8 | $258 |
| PAYPAL HLDGS INC | put | Reduce -23.1% | 10 | $209 |
| ALPHABET INC | put | Reduce -14.3% | 6 | $193 |
| JOHNSON CONTROLS INTERNATION | put | Reduce -33.3% | 4 | $79 |
| CHEVRON CORPORATION | put | Sold out | 2 | $0before exit |
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 |