Chesapeake Asset Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 5, 2026), Chesapeake Asset Management LLC reported 493 stock positions worth $107.4 million. Its top holding was Microsoft (MSFT) at 9.0% of the portfolio, followed by Apple (AAPL, 7.2%) and Eli Lilly (LLY, 6.4%). Compared with Q3 2024, it opened 54 new positions, sold out of 52, added to 127 and reduced 73. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale Nvidia (NVDA, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001079397
- Portfolio Value
- $107.4M (Q4 2024)
- SEC Filing
- 0001079397-26-000002 ↗ filed Jan 5, 2026
Holdings Value
Holdings 493 stocks · $107.4M
| MSFT Microsoft Corp. | 9.01% | 22,940 | $9.7M | Reduce -4.3% |
| AAPL Apple Inc. | 7.15% | 30,670 | $7.7M | Add +0.6% |
| LLY Eli Lilly & Co. | 6.37% | 8,858 | $6.8M | Reduce -7.7% |
| JPM JPMorgan Chase & Co. | 4.10% | 18,342 | $4.4M | Reduce -0.4% |
| GGAL Grupo Financiero Galicia-ADR | 3.35% | 57,680 | $3.6M | No change |
| SPOT Spotify Technology SA | 3.34% | 8,004 | $3.6M | Reduce -28.8% |
| R Ryder System Inc. | 2.83% | 19,350 | $3.0M | No change |
| AFL Aflac Inc. | 2.73% | 28,357 | $2.9M | Add +0.4% |
| MRK Merck & Co. Inc. | 2.68% | 28,942 | $2.9M | Add +0.1% |
| AVGO Broadcom Inc. | 2.34% | 10,820 | $2.5M | Reduce -6.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.32% | 4,244 | $2.5M | Reduce -0.1% |
| LMT Lockheed Martin Corp. | 2.10% | 4,632 | $2.3M | Reduce -27.1% |
| CHD Church & Dwight Co. Inc. | 1.89% | 19,341 | $2.0M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.86% | 9,100 | $2.0M | Add +0.1% |
| BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A | 1.81% | 101,850 | $1.9M | Reduce -8.9% |
| PEP Pepsico Inc. | 1.77% | 12,512 | $1.9M | Reduce -16.1% |
| BMA Banco Macro SA-ADR | 1.60% | 17,748 | $1.7M | Reduce -34.8% |
| J Jacobs Solutions Inc. | 1.51% | 12,173 | $1.6M | Reduce -17.0% |
| MAS Masco Corp. | 1.37% | 20,259 | $1.5M | No change |
| SPG Simon Property Group Inc. | 1.16% | 7,205 | $1.2M | No change |
| GLD SPDR Gold Shares | 1.15% | 5,097 | $1.2M | Reduce -41.1% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 1.06% | 26,880 | $1.1M | No change |
| ABBV Abbvie Inc. | 1.06% | 6,416 | $1.1M | Reduce -0.8% |
| UL Unilever PLC | 1.04% | 19,602 | $1.1M | Reduce -23.4% |
| RTX RTX Corp. | 1.00% | 9,316 | $1.1M | Reduce -0.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.94% | 1,964 | $1.0M | No change |
| PAM Pampa Energia SA-Spon ADR | 0.92% | 11,202 | $985K | No change |
| GWRE Guidewire Software Inc. | 0.90% | 5,728 | $966K | No change |
| AMZN Amazon.com Inc. | 0.87% | 4,275 | $938K | Reduce -49.8% |
| WMB Williams Cos Inc. | 0.84% | 16,745 | $906K | Add +6.8% |
| PG The Procter & Gamble Co. | 0.78% | 4,968 | $833K | Add +7.0% |
| ETN Eaton Corp. PLC | 0.76% | 2,450 | $813K | Reduce -2.2% |
| CVX Chevron Corp. | 0.72% | 5,307 | $769K | Reduce -1.0% |
| MCD McDonald's Corp. | 0.70% | 2,607 | $756K | Add +8.4% |
| NEE Nextera Energy Inc. | 0.69% | 10,310 | $739K | Add +1.6% |
| TRV The Travelers Cos Inc. | 0.68% | 3,034 | $731K | Add +11.4% |
| META Meta Platforms Inc. Class A | 0.68% | 1,247 | $730K | Add +0.4% |
| PNC PNC Financial Services Group | 0.67% | 3,757 | $725K | No change |
| MDLZ Mondelez International Inc. Class A | 0.66% | 11,860 | $708K | Add +1.6% |
| PRMB Primo Brands Corp. | 0.61% | 21,139 | $650K | Add +2.5% |
| IWM iShares Russell 2000 ETF | 0.59% | 2,886 | $638K | No change |
| ACWX iShares MSCI Acwi Ex US ETF | 0.59% | 12,221 | $637K | No change |
| HD Home Depot Inc. | 0.56% | 1,557 | $606K | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 0.56% | 3,200 | $606K | Add +3.2% |
| DAL Delta Air Lines Inc. | 0.51% | 9,000 | $545K | Add +7400.0% |
| GLW Corning Inc. | 0.50% | 11,275 | $536K | Reduce -2.3% |
| ADP Automatic Data Processing | 0.49% | 1,798 | $526K | Add +0.8% |
| TXN Texas Instruments Inc. | 0.49% | 2,779 | $521K | Reduce -1.1% |
| XOM Exxon Mobil Corp. | 0.48% | 4,791 | $515K | Reduce -0.3% |
| O Realty Income Corp. | 0.48% | 9,622 | $514K | Reduce -1.7% |
| SRE Sempra | 0.47% | 5,808 | $509K | Reduce -0.1% |
| MRSH Marsh & McLennan Cos | 0.46% | 2,345 | $498K | Reduce -0.1% |
| PRSU Pursuit Attractions and Hosp filed as VIAD CORP | 0.42% | 10,729 | $456K | New |
| ORCL Oracle Corp. | 0.42% | 2,720 | $453K | Reduce -39.7% |
| APD Air Products & Chemicals Inc. | 0.40% | 1,468 | $426K | Reduce -1.3% |
| ITOT iShares Core S&P Total U.S. | 0.37% | 3,121 | $401K | Add +2.6% |
| NVDA Nvidia Corp. | 0.36% | 2,905 | $390K | Reduce -88.3% |
| LPX Louisiana-Pacific Corp. | 0.36% | 3,749 | $388K | New |
| PSX Phillips 66 | 0.35% | 3,327 | $379K | Add +3.3% |
| CRESY Cresud S.A.-Spons ADR | 0.35% | 29,615 | $374K | No change |
| DELL Dell Technologies -C | 0.35% | 3,222 | $371K | Add +22.6% |
| KMI Kinder Morgan Inc. | 0.35% | 13,545 | $371K | Reduce -2.5% |
| JNJ Johnson & Johnson | 0.34% | 2,511 | $363K | Add +3885.7% |
| SONY Sony Group Corp. - SP ADR | 0.31% | 15,883 | $336K | Reduce -54.8% |
| PPL PPL Corp. | 0.30% | 9,961 | $323K | Add +3.2% |
| CME Cme Group Inc. | 0.30% | 1,373 | $319K | Add +0.4% |
| AMTM Amentum Holdings Inc. | 0.29% | 14,673 | $309K | No change |
| LOMA Loma Negra Cia Ind-Spon ADR | 0.29% | 25,806 | $308K | No change |
| PAYX Paychex Inc. | 0.28% | 2,178 | $305K | Reduce -1.3% |
| PLD Prologis Inc. | 0.28% | 2,797 | $296K | Reduce -6.4% |
| KDP Keurig Dr Pepper Inc. | 0.26% | 8,620 | $277K | Add +0.4% |
| ITW Illinois Tool Works | 0.25% | 1,072 | $272K | Add +3.3% |
| HPQ HP Inc. | 0.25% | 8,068 | $263K | Add +4.8% |
| QCOM Qualcomm Inc. | 0.23% | 1,630 | $250K | Add +5.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.23% | 3,583 | $247K | No change |
| WEC WEC Energy Group Inc. | 0.22% | 2,568 | $241K | Reduce -4.2% |
| OKE Oneok Inc. | 0.22% | 2,301 | $231K | Add +0.3% |
| SGOV iShares 0-3 Month Treasury B | 0.21% | 2,275 | $228K | Add +247.9% |
| VZ Verizon Communications Inc. | 0.21% | 5,536 | $221K | Add +13.3% |
| AMD Advanced Micro Devices | 0.19% | 1,679 | $203K | Reduce -72.4% |
| GD General Dynamics Corp. | 0.18% | 747 | $197K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.17% | 646 | $187K | Reduce -13.5% |
| EG Everest Group Ltd. | 0.17% | 503 | $182K | Add +0.2% |
| T AT&T Inc. | 0.17% | 7,936 | $181K | Reduce -22.9% |
| XLF SS Financial Select Sector | 0.16% | 3,660 | $177K | No change |
| UPS United Parcel Service Class B | 0.16% | 1,380 | $174K | Reduce -0.8% |
| CSCO Cisco Systems Inc. | 0.16% | 2,861 | $169K | Reduce -0.5% |
| KWEB Kranesh Csi China Internet | 0.15% | 5,575 | $163K | Add +178.8% |
| PFE Pfizer Inc. | 0.15% | 6,072 | $161K | Add +68.1% |
| UBS UBS Group AG-Reg | 0.14% | 4,950 | $150K | No change |
| BABA Alibaba Group Holding-SP ADR | 0.13% | 1,689 | $143K | Reduce -14.2% |
| FAST Fastenal Co. | 0.13% | 1,979 | $142K | Reduce -0.3% |
| BN Brookfield Corp. | 0.13% | 2,390 | $137K | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.13% | 1,795 | $136K | Reduce -80.4% |
| APO Apollo Global Management Inc. | 0.12% | 800 | $132K | No change |
| VMI Valmont Industries | 0.12% | 430 | $132K | No change |
| CHWY Chewy Inc. Class A | 0.12% | 3,900 | $131K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.11% | 354 | $121K | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.11% | 572 | $120K | Add +0.9% |
| PM Philip Morris International | 0.11% | 998 | $120K | Add +43.0% |
Options reported separately and not counted above: PROLOGIS INC. puts ($3K), B. RILEY FINANCIAL INC puts ($3K), MONDELEZ INTL INC puts ($3K), EXXON MOBIL CORP puts ($2K), UBER TECHNOLOGIES INC puts ($1K), ADVANCED MICRO DEVICES INC puts ($846), ALIBABA GROUP HLDG LTD puts ($651), PFIZER INC puts ($423), MERCK & CO INC puts ($410), SNOWFLAKE INC puts ($278), DELL TECHNOLOGIES INC puts ($211), FIDELITY NATL INFORMATION SV puts ($150), and 25 more.
Portfolio Sells Q3 2024 → Q4 2024
| NVDA Nvidia Corp. | Reduce -88.3% | 0.36% | −2.26 |
| LMT Lockheed Martin Corp. | Reduce -27.1% | 2.10% | −1.13 |
| LLY Eli Lilly & Co. | Reduce -7.7% | 6.37% | −1.01 |
| AMD Advanced Micro Devices | Reduce -72.4% | 0.19% | −0.68 |
| GLD SPDR Gold Shares | Reduce -41.1% | 1.15% | −0.68 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -80.4% | 0.13% | −0.52 |
| AMZN Amazon.com Inc. | Reduce -49.8% | 0.87% | −0.51 |
| SBUX Starbucks Corp. | Reduce -99.1% | 0.00% | −0.49 |
| PEP Pepsico Inc. | Reduce -16.1% | 1.77% | −0.43 |
| UL Unilever PLC | Reduce -23.4% | 1.04% | −0.41 |
| THD iShares MSCI Thailand ETF | Sold out | 0.00% | −0.36 |
| SONY Sony Group Corp. - SP ADR | Reduce -54.8% | 0.31% | −0.28 |
| SPOT Spotify Technology SA | Reduce -28.8% | 3.34% | −0.26 |
| ORCL Oracle Corp. | Reduce -39.7% | 0.42% | −0.25 |
| EL Estee Lauder Companies Class A | Reduce -99.8% | 0.00% | −0.17 |
| J Jacobs Solutions Inc. | Reduce -17.0% | 1.51% | −0.15 |
| NXPI NXP Semiconductors NV | Reduce -92.7% | 0.01% | −0.15 |
| XOP SS SPDR S&P Og Exp & Prod | Sold out | 0.00% | −0.13 |
| USB US Bancorp | Reduce -95.3% | 0.01% | −0.12 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.09 |
| EWY iShares MSCI South Korea ETF | Sold out | 0.00% | −0.08 |
| W Wayfair Inc. Class A | Sold out | 0.00% | −0.08 |
| O Realty Income Corp. | Reduce -1.7% | 0.48% | −0.06 |
| CX Cemex Sab-Spons ADR Part Cer | Sold out | 0.00% | −0.06 |
| PLD Prologis Inc. | Reduce -6.4% | 0.28% | −0.05 |
| BABA Alibaba Group Holding-SP ADR | Reduce -14.2% | 0.13% | −0.05 |
| ABBV Abbvie Inc. | Reduce -0.8% | 1.06% | −0.05 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -73.3% | 0.02% | −0.04 |
| VNQ Vanguard Real Estate ETF | Reduce -77.6% | 0.01% | −0.04 |
| EQC Equity Commonwealth | Sold out | 0.00% | −0.03 |
| T AT&T Inc. | Reduce -22.9% | 0.17% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -37.2% | 0.05% | −0.02 |
| EXAI Exscientia Ltd. | Sold out | 0.00% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -27.2% | 0.06% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -1.1% | 0.49% | −0.02 |
| SCHP Schwab U.S. Tips ETF | Reduce -16.6% | 0.10% | −0.02 |
| MDT Medtronic PLC | Reduce -66.7% | 0.01% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -28.3% | 0.05% | −0.02 |
| IBB iShares Biotechnology ETF | Sold out | 0.00% | −0.01 |
| WOOD iShares Global Timber & Fore | Sold out | 0.00% | −0.01 |
| DOW Dow Inc. | Reduce -96.7% | 0.00% | −0.01 |
| C Citigroup Inc. | Reduce -79.2% | 0.00% | −0.01 |
| IEUR iShares Core MSCI Europe ETF | Reduce -19.9% | 0.03% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -13.5% | 0.17% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -0.3% | 0.48% | −0.01 |
| IVW iShares S&P 500 Growth ETF | Reduce -32.7% | 0.03% | −0.01 |
| DVN Devon Energy Corp. | Reduce -90.0% | 0.00% | −0.01 |
| VPL Vanguard Ftse Pacific ETF | Reduce -12.5% | 0.03% | −0.01 |
| OXY Occidental Petroleum Corp. | Reduce -28.7% | 0.01% | −0.00 |
| ON On Semiconductor | Reduce -92.3% | 0.00% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| AAPL Apple Inc. | Add +0.6% | 7.15% | +0.98 |
| DAL Delta Air Lines Inc. | Add +7400.0% | 0.51% | +0.50 |
| PRSU Pursuit Attractions and Hosp | New | 0.42% | +0.42 |
| LPX Louisiana-Pacific Corp. | New | 0.36% | +0.36 |
| JNJ Johnson & Johnson | Add +3885.7% | 0.34% | +0.33 |
| WMB Williams Cos Inc. | Add +6.8% | 0.84% | +0.22 |
| SGOV iShares 0-3 Month Treasury B | Add +247.9% | 0.21% | +0.16 |
| PRMB Primo Brands Corp. | Add +2.5% | 0.61% | +0.15 |
| TRV The Travelers Cos Inc. | Add +11.4% | 0.68% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +3.2% | 0.56% | +0.12 |
| IBM Intl Business Machines Corp. | Add +0.1% | 1.86% | +0.12 |
| UAL United Airlines Holdings Inc. | Add +23900.0% | 0.11% | +0.11 |
| IBIT iShares Bitcoin Trust ETF | New | 0.11% | +0.11 |
| MS Morgan Stanley | Add +785.7% | 0.10% | +0.09 |
| KWEB Kranesh Csi China Internet | Add +178.8% | 0.15% | +0.09 |
| HOOD Robinhood Markets Inc. Class A | Add +2469.2% | 0.09% | +0.09 |
| BKR Baker Hughes Co. | New | 0.09% | +0.09 |
| PG The Procter & Gamble Co. | Add +7.0% | 0.78% | +0.08 |
| DELL Dell Technologies -C | Add +22.6% | 0.35% | +0.08 |
| MCD McDonald's Corp. | Add +8.4% | 0.70% | +0.07 |
| META Meta Platforms Inc. Class A | Add +0.4% | 0.68% | +0.06 |
| ADP Automatic Data Processing | Add +0.8% | 0.49% | +0.06 |
| PFE Pfizer Inc. | Add +68.1% | 0.15% | +0.06 |
| DIS The Walt Disney Co. | Add +44.0% | 0.10% | +0.05 |
| ITOT iShares Core S&P Total U.S. | Add +2.6% | 0.37% | +0.04 |
| COST Costco Wholesale Corp. | Add +440.0% | 0.05% | +0.04 |
| PM Philip Morris International | Add +43.0% | 0.11% | +0.04 |
| CME Cme Group Inc. | Add +0.4% | 0.30% | +0.03 |
| OKE Oneok Inc. | Add +0.3% | 0.22% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +30.9% | 0.11% | +0.03 |
| STIP iShares 0-5 Year Tips Bond E | Add +29.2% | 0.11% | +0.03 |
| TER Teradyne Inc. | Add +86.2% | 0.06% | +0.03 |
| PPL PPL Corp. | Add +3.2% | 0.30% | +0.02 |
| RXRX Recursion Pharmaceuticals-A | New | 0.02% | +0.02 |
| ITW Illinois Tool Works | Add +3.3% | 0.25% | +0.02 |
| V Visa Inc. Class A | Add +8.6% | 0.07% | +0.02 |
| WMT Walmart Inc. | Add +43.6% | 0.04% | +0.02 |
| VZ Verizon Communications Inc. | Add +13.3% | 0.21% | +0.02 |
| ETHA iShares Ethereum Trust ETF | New | 0.02% | +0.02 |
| QQQM Invesco Nasdaq 100 ETF | Add +0.9% | 0.11% | +0.01 |
| UBER Uber Technologies Inc. | Add +1566.7% | 0.01% | +0.01 |
| CVS CVS Health Corp. | Add +111.4% | 0.03% | +0.01 |
| KMB Kimberly-Clark Corp. | Add +1900.0% | 0.01% | +0.01 |
| VGT Vanguard Info Tech ETF | New | 0.01% | +0.01 |
| MUB iShares National Muni Bond E | New | 0.01% | +0.01 |
| CRM Salesforce Inc. | Add +2.8% | 0.03% | +0.01 |
| F Ford Motor Co. | Add +2237.5% | 0.01% | +0.01 |
| CELH Celsius Holdings Inc. | New | 0.01% | +0.01 |
| EMR Emerson Electric Co. | Add +1.5% | 0.04% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +28.6% | 0.03% | +0.01 |
Options Activity Q3 2024 → Q4 2024
| CELSIUS HLDGS INC | put | Sold out | 3 | $6Kbefore exit |
| PROLOGIS INC. | put | Add +83.3% | 11 | $3K |
| B. RILEY FINANCIAL INC | put | Reduce -50.0% | 10 | $3K |
| MONDELEZ INTL INC | put | Add +450.0% | 11 | $3K |
| EXXON MOBIL CORP | put | Add +50.0% | 15 | $2K |
| UBER TECHNOLOGIES INC | put | New | 6 | $1K |
| ALIBABA GROUP HLDG LTD | put | Reduce -5.9% | 16 | $651 |
| PFIZER INC | put | New | 7 | $423 |
| MERCK & CO INC | put | New | 12 | $410 |
| SNOWFLAKE INC | put | Add +14.3% | 8 | $278 |
| TESLA INC | put | Reduce -11.1% | 8 | $90 |
| VERTIV HOLDINGS CO | put | Reduce -25.0% | 3 | $45 |
| CROWDSTRIKE HLDGS INC | put | Reduce -75.0% | 2 | $26 |
| PRIMO BRANDS CORPORATION | put | New | 10 | $7 |
| PALO ALTO NETWORKS INC | put | Add +100.0% | 4 | $2 |
| NEXTERA ENERGY INC | put | Reduce -76.9% | 3 | $0 |
| WEC ENERGY GROUP INC | put | Sold out | 4 | $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 |