Cypress Asset Management Inc.

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed June 11, 2024), Cypress Asset Management Inc. reported 110 stock positions worth $368.7 million. Its top holding was Microsoft (MSFT) at 6.3% of the portfolio, followed by Apple (AAPL, 5.7%) and Nvidia (NVDA, 5.7%). Compared with Q4 2023, it opened 5 new positions, sold out of 9, added to 33 and reduced 58. The biggest buy was Broadcom (AVGO, shares +26%) and the biggest sale Apple (AAPL, shares −3%).

Most Recent 13F: Q2 2026
Location: HOUSTON, TX
CIK: 0001030618
Portfolio Value: $368.7M (Q1 2024)
SEC Filing: 0001085146-24-002697 ↗ filed Jun 11, 2024

Holdings Value

Holdings 110 stocks · $368.7M


MSFT Microsoft Corp.	6.25%	53,634	$23.1M	Add +5.5%
AAPL Apple Inc.	5.69%	119,607	$21.0M	Reduce -2.5%
NVDA Nvidia Corp.	5.69%	22,919	$21.0M	Reduce -1.7%
LLY Eli Lilly & Co.	4.71%	21,959	$17.4M	Reduce -1.5%
JPM JPMorgan Chase & Co.	3.37%	60,661	$12.4M	Reduce -1.8%
AMZN Amazon.com Inc.	3.33%	67,368	$12.3M	Add +2.4%
BRK.B Berkshire Hathaway Inc. Class B	2.85%	24,451	$10.5M	Add +7.5%
PEP Pepsico Inc.	2.84%	58,950	$10.5M	Reduce -1.3%
MA Mastercard Inc. Class A	2.63%	19,924	$9.7M	Reduce -1.1%
GOOG Alphabet Inc. Class C	2.45%	59,230	$9.0M	Reduce -7.9%
COST Costco Wholesale Corp.	2.27%	11,217	$8.4M	Reduce -1.5%
AVGO Broadcom Inc.	2.26%	6,190	$8.3M	Add +26.1%
V Visa Inc. Class A	2.25%	29,340	$8.3M	Reduce -1.3%
HD Home Depot Inc.	1.92%	18,082	$7.1M	Reduce -2.4%
AMD Advanced Micro Devices	1.90%	38,461	$7.0M	Reduce -0.3%
ADI Analog Devices Inc.	1.78%	32,833	$6.6M	Add +6.0%
MELI MercadoLibre Inc.	1.62%	3,952	$6.0M	Add +4.0%
UNP Union Pacific Corp.	1.62%	23,811	$6.0M	Add +1.4%
JNJ Johnson & Johnson	1.59%	36,489	$5.9M	Reduce -2.6%
HON Honeywell International Inc.	1.49%	26,048	$5.5M	Add +2.7%
MRK Merck & Co. Inc.	1.48%	40,966	$5.5M	Reduce -0.8%
QCOM Qualcomm Inc.	1.46%	31,814	$5.4M	Reduce -0.2%
UNH Unitedhealth Group Inc.	1.38%	10,118	$5.1M	Add +1.1%
LIN Linde PLC	1.37%	10,670	$5.0M	Reduce -1.0%
AMAT Applied Materials Inc.	1.36%	24,182	$5.0M	Add +2.3%
LOW Lowe's Cos Inc.	1.35%	19,287	$5.0M	Reduce -1.3%
LMT Lockheed Martin Corp.	1.28%	10,092	$4.7M	Reduce -2.4%
ZTS Zoetis Inc.	1.23%	26,195	$4.5M	Add +4.9%
PG The Procter & Gamble Co.	1.21%	27,072	$4.5M	Reduce -3.0%
GOOGL Alphabet Inc. Class A	1.20%	28,822	$4.4M	Reduce -3.6%
ADBE Adobe Inc.	1.14%	8,297	$4.2M	Add +11.1%
DHR Danaher Corp.	1.12%	16,477	$4.1M	Reduce -0.5%
STZ Constellation Brands Inc. Class A	1.07%	14,265	$4.0M	Reduce -1.7%
PANW Palo Alto Networks Inc.	0.88%	11,413	$3.3M	Add +13.0%
RTX RTX Corp.	0.87%	32,592	$3.2M	Reduce -0.9%
ABT Abbott Laboratories	0.87%	27,967	$3.2M	Add +15.1%
CL Colgate-Palmolive Co.	0.87%	35,255	$3.2M	Reduce -1.1%
TSM Taiwan Semiconductor-SP ADR	0.79%	21,138	$2.9M	Reduce -1.4%
EMR Emerson Electric Co.	0.72%	23,070	$2.7M	Add +63.1%
DE Deere & Co.	0.69%	5,974	$2.5M	Reduce -0.7%
KO The Coca-Cola Co.	0.67%	39,657	$2.5M	Reduce -2.9%
GS Goldman Sachs Group Inc.	0.66%	5,836	$2.4M	Add +0.7%
IHI iShares U.S. Medical Devices	0.65%	39,635	$2.4M	Reduce -2.9%
NVO Novo-Nordisk A/S-Spons ADR	0.65%	17,916	$2.4M	Add +1.3%
ASML ASML Holding NV-NY Reg SHS	0.61%	2,257	$2.3M	Reduce -1.4%
SPGI S&P Global Inc.	0.61%	5,228	$2.2M	Add +2.6%
TXN Texas Instruments Inc.	0.59%	12,320	$2.2M	Add +21.3%
MCD McDonald's Corp.	0.59%	7,433	$2.2M	Reduce -4.0%
CVX Chevron Corp.	0.57%	13,017	$2.1M	Reduce -2.2%
YUM Yum! Brands Inc.	0.53%	14,078	$2.0M	Reduce -4.1%
XLI SS Industrial Select Sector	0.51%	13,773	$1.9M	Reduce -4.5%
QQQ Invesco QQQ Trust Series 1	0.51%	3,704	$1.9M	Reduce -11.5%
META Meta Platforms Inc. Class A	0.50%	3,819	$1.9M	Add +541.9%
BLK BlackRock Finance Inc.	0.50%	2,201	$1.8M	No change
MDT Medtronic PLC	0.49%	20,616	$1.8M	Reduce -1.0%
PH Parker Hannifin Corp.	0.48%	3,199	$1.8M	Add +8.6%
TMO Thermo Fisher Scientific Inc.	0.46%	2,886	$1.7M	Add +9.7%
MDLZ Mondelez International Inc. Class A	0.45%	23,788	$1.7M	Add +0.2%
SNPS Synopsys Inc.	0.44%	2,740	$1.6M	Add +21.6%
WDAY Workday Inc. Class A	0.41%	5,353	$1.5M	Reduce -4.1%
NKE Nike Inc. Class B	0.38%	14,802	$1.4M	Reduce -15.5%
BDX Becton Dickinson and Co.	0.35%	5,159	$1.3M	Add +15.0%
AMGN Amgen Inc.	0.34%	4,277	$1.2M	Add +14.9%
XYL Xylem Inc.	0.33%	9,191	$1.2M	Reduce -16.8%
KLAC KLA Corp.	0.32%	1,675	$1.2M	Reduce -1.5%
CNI Canadian Natl Railway Co.	0.31%	8,713	$1.1M	No change
ITA iShares U.S. Aerospace & Def	0.31%	8,428	$1.1M	Add +0.9%
PXD Pioneer Natural Resources Co.	0.28%	3,844	$1.0M	Add +19.6%
INTC Intel Corp.	0.28%	22,835	$1.0M	Add +1.6%
SPY SS SPDR S&P 500 ETF Trust-US	0.27%	1,729	$1.0M	Add +16.0%
TT Trane Technologies PLC	0.26%	3,165	$950K	No change
WM Waste Management Inc.	0.25%	4,256	$907K	Add +1.2%
IEO iShares U.S. Oil & Gas Explo	0.24%	8,125	$880K	Reduce -0.1%
CAT Caterpillar Inc.	0.22%	2,130	$817K	Reduce -4.5%
NVS Novartis AG-Sponsored ADR	0.22%	8,146	$802K	Reduce -1.2%
MSCI MSCI Inc.	0.22%	1,423	$798K	No change
SBUX Starbucks Corp.	0.21%	8,565	$783K	Reduce -4.7%
ANSS Ansys Inc.	0.21%	2,242	$778K	New
NEE Nextera Energy Inc.	0.21%	11,668	$778K	Reduce -35.4%
ABBV Abbvie Inc.	0.20%	4,150	$756K	Reduce -40.5%
CMI Cummins Inc.	0.20%	2,480	$731K	Reduce -7.0%
A Agilent Technologies Inc.	0.17%	4,194	$610K	No change
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.16%	15,367	$594K	Add +0.1%
DEO Diageo PLC-Sponsored ADR	0.16%	3,685	$593K	Reduce -86.4%
XLK SS Technology Select Sector	0.13%	479	$475K	Reduce -78.3%
RSP Invesco S&P 500 Equal Weight	0.13%	2,478	$473K	New
FCX Freeport-McMoran Inc.	0.12%	9,575	$450K	Reduce -5.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.12%	4,250	$431K	No change
CSCO Cisco Systems Inc.	0.10%	7,550	$377K	No change
TSCO Tractor Supply Company	0.10%	1,405	$373K	Reduce -6.3%
CTRA Coterra Energy Inc.	0.09%	12,090	$347K	Reduce -3.8%
XAR SS SPDR S&P Aerospace Def	0.09%	2,315	$337K	Add +2.9%
GLD SPDR Gold Shares	0.09%	1,615	$332K	No change
WMT Walmart Inc.	0.09%	5,109	$319K	Reduce -3.5%
DUK Duke Energy Corp.	0.08%	3,175	$307K	No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.08%	2,509	$306K	Reduce -2.6%
NSC Norfolk Southern Corp.	0.08%	1,200	$306K	No change
KEYS Keysight Technologies Inc.	0.08%	1,681	$279K	Reduce -5.6%
EQIX Equinix Inc.	0.07%	324	$267K	No change
LRCX Lam Research Corp.	0.07%	175	$267K	Reduce -36.4%

Show all 110 holdings

Portfolio Sells Q4 2023 → Q1 2024


AAPL Apple Inc.	Reduce -2.5%	5.69%	−1.41
DEO Diageo PLC-Sponsored ADR	Reduce -86.4%	0.16%	−1.03
UPS United Parcel Service Class B	Reduce -89.8%	0.07%	−0.65
HUM Humana Inc.	Sold out	0.00%	−0.47
CCI Crown Castle Inc.	Sold out	0.00%	−0.30
GOOG Alphabet Inc. Class C	Reduce -7.9%	2.45%	−0.27
APD Air Products & Chemicals Inc.	Sold out	0.00%	−0.21
PEP Pepsico Inc.	Reduce -1.3%	2.84%	−0.21
NKE Nike Inc. Class B	Reduce -15.5%	0.38%	−0.19
JNJ Johnson & Johnson	Reduce -2.6%	1.59%	−0.17
SNY Sanofi-ADR	Sold out	0.00%	−0.15
LMT Lockheed Martin Corp.	Reduce -2.4%	1.28%	−0.13
ABBV Abbvie Inc.	Reduce -40.5%	0.20%	−0.12
NEE Nextera Energy Inc.	Reduce -35.4%	0.21%	−0.12
MCD McDonald's Corp.	Reduce -4.0%	0.59%	−0.10
DG Dollar General Corp.	Sold out	0.00%	−0.10
APTV Aptiv Irish Holdings Ltd.	Sold out	0.00%	−0.08
CMCSA Comcast Corp. Class A	Sold out	0.00%	−0.08
V Visa Inc. Class A	Reduce -1.3%	2.25%	−0.08
DIS The Walt Disney Co.	Sold out	0.00%	−0.07
SWKS Skyworks Solutions Inc.	Sold out	0.00%	−0.07
WDAY Workday Inc. Class A	Reduce -4.1%	0.41%	−0.05
GOOGL Alphabet Inc. Class A	Reduce -3.6%	1.20%	−0.05
KO The Coca-Cola Co.	Reduce -2.9%	0.67%	−0.05
YUM Yum! Brands Inc.	Reduce -4.1%	0.53%	−0.05
XYL Xylem Inc.	Reduce -16.8%	0.33%	−0.05
SBUX Starbucks Corp.	Reduce -4.7%	0.21%	−0.05
VZ Verizon Communications Inc.	Reduce -44.8%	0.06%	−0.04
DE Deere & Co.	Reduce -0.7%	0.69%	−0.04
NVS Novartis AG-Sponsored ADR	Reduce -1.2%	0.22%	−0.03
DHR Danaher Corp.	Reduce -0.5%	1.12%	−0.03
MDT Medtronic PLC	Reduce -1.0%	0.49%	−0.03
PG The Procter & Gamble Co.	Reduce -3.0%	1.21%	−0.02
CVX Chevron Corp.	Reduce -2.2%	0.57%	−0.02
HSY The Hershey Co.	Reduce -16.1%	0.06%	−0.02
IHI iShares U.S. Medical Devices	Reduce -2.9%	0.65%	−0.01
HD Home Depot Inc.	Reduce -2.4%	1.92%	−0.01
KEYS Keysight Technologies Inc.	Reduce -5.6%	0.08%	−0.01
QQQ Invesco QQQ Trust Series 1	Reduce -11.5%	0.51%	−0.01
FCX Freeport-McMoran Inc.	Reduce -5.0%	0.12%	−0.01
CTRA Coterra Energy Inc.	Reduce -3.8%	0.09%	−0.00
TROW T Rowe Price Group Inc.	Reduce -2.6%	0.08%	−0.00
XLK SS Technology Select Sector	Reduce -78.3%	0.13%	+0.00
RMD Resmed Inc.	Reduce -2.0%	0.06%	+0.00
WMT Walmart Inc.	Reduce -3.5%	0.09%	+0.00
TSCO Tractor Supply Company	Reduce -6.3%	0.10%	+0.00
CMI Cummins Inc.	Reduce -7.0%	0.20%	+0.01
COST Costco Wholesale Corp.	Reduce -1.5%	2.27%	+0.01
LRCX Lam Research Corp.	Reduce -36.4%	0.07%	+0.01
CL Colgate-Palmolive Co.	Reduce -1.1%	0.87%	+0.01

Portfolio Buys Q4 2023 → Q1 2024


AVGO Broadcom Inc.	Add +26.1%	2.26%	+0.61
MSFT Microsoft Corp.	Add +5.5%	6.25%	+0.50
META Meta Platforms Inc. Class A	Add +541.9%	0.50%	+0.44
BRK.B Berkshire Hathaway Inc. Class B	Add +7.5%	2.85%	+0.40
AMZN Amazon.com Inc.	Add +2.4%	3.33%	+0.32
EMR Emerson Electric Co.	Add +63.1%	0.72%	+0.31
ANSS Ansys Inc.	New	0.21%	+0.21
AMAT Applied Materials Inc.	Add +2.3%	1.36%	+0.21
RSP Invesco S&P 500 Equal Weight	New	0.13%	+0.13
NVO Novo-Nordisk A/S-Spons ADR	Add +1.3%	0.65%	+0.10
SNPS Synopsys Inc.	Add +21.6%	0.44%	+0.09
PH Parker Hannifin Corp.	Add +8.6%	0.48%	+0.07
TXN Texas Instruments Inc.	Add +21.3%	0.59%	+0.07
XOM Exxon Mobil Corp.	New	0.07%	+0.07
ABT Abbott Laboratories	Add +15.1%	0.87%	+0.06
PXD Pioneer Natural Resources Co.	Add +19.6%	0.28%	+0.06
SPY SS SPDR S&P 500 ETF Trust-US	Add +16.0%	0.27%	+0.06
ORCL Oracle Corp.	New	0.06%	+0.06
BSX Boston Scientific Corp.	New	0.06%	+0.06
TMO Thermo Fisher Scientific Inc.	Add +9.7%	0.46%	+0.04
WM Waste Management Inc.	Add +1.2%	0.25%	+0.02
BDX Becton Dickinson and Co.	Add +15.0%	0.35%	+0.02
AMGN Amgen Inc.	Add +14.9%	0.34%	+0.02
BAC Bank of America Corp.	Add +0.1%	0.16%	+0.01
XAR SS SPDR S&P Aerospace Def	Add +2.9%	0.09%	−0.00
GS Goldman Sachs Group Inc.	Add +0.7%	0.66%	−0.01
PANW Palo Alto Networks Inc.	Add +13.0%	0.88%	−0.01
ITA iShares U.S. Aerospace & Def	Add +0.9%	0.31%	−0.01
INTC Intel Corp.	Add +1.6%	0.28%	−0.06
MDLZ Mondelez International Inc. Class A	Add +0.2%	0.45%	−0.07
ADI Analog Devices Inc.	Add +6.0%	1.78%	−0.07
SPGI S&P Global Inc.	Add +2.6%	0.61%	−0.07
HON Honeywell International Inc.	Add +2.7%	1.49%	−0.11
UNP Union Pacific Corp.	Add +1.4%	1.62%	−0.12
MELI MercadoLibre Inc.	Add +4.0%	1.62%	−0.17
ADBE Adobe Inc.	Add +11.1%	1.14%	−0.20
UNH Unitedhealth Group Inc.	Add +1.1%	1.38%	−0.20
ZTS Zoetis Inc.	Add +4.9%	1.23%	−0.26

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	107	$513.6M	NVDA, AAPL, LLY, AVGO, JPM
Q1 2026	104	$431.2M	NVDA, AAPL, AVGO, LLY, MSFT
Q4 2025	105	$455.0M	NVDA, AAPL, MSFT, LLY, AVGO
Q3 2025	105	$439.5M	NVDA, AAPL, MSFT, AVGO, JPM
Q2 2025	111	$415.3M	NVDA, MSFT, AAPL, AVGO, LLY
Q1 2025	108	$373.3M	AAPL, MSFT, NVDA, LLY, JPM
Q4 2024	105	$402.8M	AAPL, NVDA, MSFT, LLY, AVGO
Q3 2024	105	$401.6M	AAPL, NVDA, MSFT, LLY, JPM
Q2 2024	104	$388.4M	NVDA, AAPL, MSFT, LLY, AMZN
Q1 2024	110	$368.7M	MSFT, AAPL, NVDA, LLY, JPM