Codex Capital Asset Management L.L.C. In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Codex Capital Asset Management L.L.C. reported 29 stock positions worth $275.2 million . Its top holding was Nvidia (NVDA) at 15.5% of the portfolio, followed by Eli Lilly (LLY, 7.2% ) and Microsoft (MSFT, 6.8% ). Compared with Q3 2025, it opened 1 new position, added to 10 and reduced 13. The biggest buy was Eli Lilly (LLY, shares +8% ) and the biggest sale Nvidia (NVDA, shares −9% ).
Location DALLAS, TX
CIK 0002030542
Portfolio Value $275.2M (Q4 2025) Holdings 29 stocks · $275.2M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2025 NVDA Nvidia Corp. 228,000 $42.5M Reduce -8.8% LLY Eli Lilly & Co. 18,380 $19.8M Add +8.1% MSFT Microsoft Corp. 38,600 $18.7M Reduce -1.0% META Meta Platforms Inc. Class A 25,500 $16.8M Reduce -7.6% GE General Electric filed as GE AEROSPACE 54,325 $16.7M Add +1.0% BRK.B Berkshire Hathaway Inc. Class B 29,550 $14.9M Add +68.6% GEV GE Vernova Inc. 21,202 $13.9M Reduce -9.3% JPM JPMorgan Chase & Co. 37,750 $12.2M Add +10.2% SPY SS SPDR S&P 500 ETF Trust-US 17,270 $11.8M No change GOOGL Alphabet Inc. Class A 36,200 $11.4M Reduce -1.9% GOOG Alphabet Inc. Class C 35,710 $11.2M Reduce -6.0% AMZN Amazon.com Inc. 45,900 $10.6M Reduce -3.8% MA Mastercard Inc. Class A 14,100 $8.0M No change TMO Thermo Fisher Scientific Inc. 13,350 $7.7M Add +3.7% AVGO Broadcom Inc. 20,200 $7.0M Reduce -3.8% 0 26,700 $6.7M Add +2.7% HON Honeywell International Inc. 33,650 $6.6M Reduce -1.0% V Visa Inc. Class A 17,870 $6.3M Add +3.9% RYCEY Rolls-Royce Holdings-SP ADR 389,000 $6.1M Add +21.6% QQQ Invesco QQQ Trust Series 1 6,780 $4.2M No change NOW ServiceNow Inc. 26,550 $4.1M Reduce -6.0% VRTX Vertex Pharmaceuticals Inc. 7,320 $3.3M Add +1.0% GEHC GE Healthcare Technology 40,527 $3.3M Reduce -1.6% BSX Boston Scientific Corp. 33,300 $3.2M New ISRG Intuitive Surgical Inc. 4,820 $2.7M Add +141.0% IJK iShares S&P Mid-Cap 400 Grow 22,500 $2.2M No change TDY Teledyne Technologies Inc. 3,100 $1.6M Reduce -22.5% NXPI NXP Semiconductors NV 5,500 $1.2M Reduce -47.6% AAPL Apple Inc. 3,000 $816K No change
Portfolio Sells Q3 2025 → Q4 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024
Stock Change vs Q3 2025 % Of Portfolio Change To Portfolio ▲ NVDA Nvidia Corp. Reduce -8.8% 15.45% −2.11 META Meta Platforms Inc. Class A Reduce -7.6% 6.12% −1.51 MSFT Microsoft Corp. Reduce -1.0% 6.78% −0.82 NOW ServiceNow Inc. Reduce -6.0% 1.48% −0.48 NXPI NXP Semiconductors NV Reduce -47.6% 0.43% −0.47 GEV GE Vernova Inc. Reduce -9.3% 5.04% −0.37 HON Honeywell International Inc. Reduce -1.0% 2.39% −0.31 TDY Teledyne Technologies Inc. Reduce -22.5% 0.58% −0.31 AMZN Amazon.com Inc. Reduce -3.8% 3.85% −0.09 AVGO Broadcom Inc. Reduce -3.8% 2.54% −0.07 GEHC GE Healthcare Technology Reduce -1.6% 1.19% +0.03 GOOG Alphabet Inc. Class C Reduce -6.0% 4.06% +0.58 GOOGL Alphabet Inc. Class A Reduce -1.9% 4.13% +0.75
Portfolio Buys Q3 2025 → Q4 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024
Stock Change vs Q3 2025 % Of Portfolio Change To Portfolio ▼ LLY Eli Lilly & Co. Add +8.1% 7.18% +2.29 BRK.B Berkshire Hathaway Inc. Class B Add +68.6% 5.40% +2.08 BSX Boston Scientific Corp. New 1.15% +1.15 ISRG Intuitive Surgical Inc. Add +141.0% 0.97% +0.64 TMO Thermo Fisher Scientific Inc. Add +3.7% 2.81% +0.46 JPM JPMorgan Chase & Co. Add +10.2% 4.42% +0.37 RYCEY Rolls-Royce Holdings-SP ADR Add +21.6% 2.22% +0.27 VRTX Vertex Pharmaceuticals Inc. Add +1.0% 1.21% +0.14 V Visa Inc. Class A Add +3.9% 2.28% +0.07 GE General Electric Add +1.0% 6.08% −0.01 0 Add +2.7% 2.44% −0.06
Notes & Other Activity Q3 2025 → Q4 2025 Security Class Change vs Q3 2025 Shares / Principal Value ▼ ROP Roper Technologies Inc. COM Reduce -100.0% 0 $0 DHR Danaher Corp. COM Reduce -100.0% 0 $0
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 33 $288.9M NVDA, GEV, GE, LLY, BRK.B Q1 2026 31 $258.6M NVDA, GEV, LLY, GE, BRK.B Q4 2025 29 $275.2M NVDA, LLY, MSFT, META, GE Q3 2025 30 $265.6M NVDA, META, MSFT, GE, GEV Q2 2025 33 $250.0M NVDA, META, MSFT, GE, LLY Q1 2025 33 $212.2M NVDA, META, MSFT, LLY, GE Q4 2024 35 $226.1M NVDA, MSFT, META, LLY, AMZN Q3 2024 36 $225.5M NVDA, MSFT, META, LLY, GE Q2 2024 37 $218.4M NVDA, MSFT, LLY, META, AMZN