Cypress Asset Management Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed February 24, 2025), Cypress Asset Management Inc. reported 104 stock positions worth $388.4 million. Its top holding was Nvidia (NVDA) at 7.2% of the portfolio, followed by Apple (AAPL, 6.5%) and Microsoft (MSFT, 6.3%). Compared with Q1 2024, it opened 3 new positions, sold out of 9, added to 28 and reduced 52. The biggest buy was Meta Platforms Class A (META, shares +126%) and the biggest sale an exit from BlackRock Finance (BLK).

Most Recent 13F
Q2 2026
Location
HOUSTON, TX
CIK
0001030618
Portfolio Value
$388.4M (Q2 2024)
SEC Filing
0001085146-25-001762 ↗ filed Feb 24, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $368.7M Q1 2024 Q2 2024: $388.4M $388.4M Q2 2024 Q3 2024: $401.6M Q3 2024 Q4 2024: $402.8M Q4 2024 Q1 2025: $373.3M Q1 2025 Q2 2025: $415.3M Q2 2025 Q3 2025: $439.5M Q3 2025 Q4 2025: $455.0M Q4 2025 Q1 2026: $431.2M Q1 2026 Q2 2026: $513.6M Q2 2026

Holdings 104 stocks · $388.4M
NVDA Nvidia Corp. 7.19% 222,990 $27.9M Reduce -2.7%
AAPL Apple Inc. 6.50% 116,986 $25.3M Reduce -2.2%
MSFT Microsoft Corp. 6.33% 53,558 $24.6M Reduce -0.1%
LLY Eli Lilly & Co. 5.09% 21,476 $19.8M Reduce -2.2%
AMZN Amazon.com Inc. 3.43% 67,933 $13.3M Add +0.8%
JPM JPMorgan Chase & Co. 3.19% 59,808 $12.4M Reduce -1.4%
GOOG Alphabet Inc. Class C 2.75% 58,146 $10.7M Reduce -1.8%
BRK.B Berkshire Hathaway Inc. Class B 2.75% 25,616 $10.7M Add +4.8%
AVGO Broadcom Inc. 2.69% 6,400 $10.5M Add +3.4%
COST Costco Wholesale Corp. 2.56% 11,501 $10.0M Add +2.5%
PEP Pepsico Inc. 2.50% 57,740 $9.7M Reduce -2.0%
MA Mastercard Inc. Class A 2.25% 19,574 $8.7M Reduce -1.8%
V Visa Inc. Class A 1.97% 28,789 $7.7M Reduce -1.9%
ADI Analog Devices Inc. 1.91% 32,124 $7.4M Reduce -2.2%
MELI MercadoLibre Inc. 1.71% 4,019 $6.6M Add +1.7%
HD Home Depot Inc. 1.63% 17,997 $6.3M Reduce -0.5%
QCOM Qualcomm Inc. 1.61% 31,364 $6.3M Reduce -1.4%
AMD Advanced Micro Devices 1.58% 37,540 $6.1M Reduce -2.4%
AMAT Applied Materials Inc. 1.48% 24,096 $5.7M Reduce -0.4%
UNP Union Pacific Corp. 1.45% 24,281 $5.6M Add +2.0%
HON Honeywell International Inc. 1.45% 25,928 $5.6M Reduce -0.5%
JNJ Johnson & Johnson 1.40% 36,435 $5.4M Reduce -0.1%
UNH Unitedhealth Group Inc. 1.38% 10,312 $5.4M Add +1.9%
GOOGL Alphabet Inc. Class A 1.35% 28,187 $5.2M Reduce -2.2%
MRK Merck & Co. Inc. 1.33% 41,014 $5.2M Add +0.1%
LMT Lockheed Martin Corp. 1.25% 10,071 $4.8M Reduce -0.2%
ZTS Zoetis Inc. 1.24% 27,163 $4.8M Add +3.7%
LIN Linde PLC 1.23% 10,673 $4.8M Add +0.0%
ADBE Adobe Inc. 1.19% 8,281 $4.6M Reduce -0.2%
META Meta Platforms Inc. Class A 1.16% 8,624 $4.5M Add +125.8%
PG The Procter & Gamble Co. 1.14% 26,522 $4.4M Reduce -2.0%
LOW Lowe's Cos Inc. 1.09% 18,890 $4.2M Reduce -2.1%
DHR Danaher Corp. 1.05% 16,259 $4.1M Reduce -1.3%
PANW Palo Alto Networks Inc. 1.01% 11,518 $3.9M Add +0.9%
STZ Constellation Brands Inc. Class A 0.96% 14,246 $3.7M Reduce -0.1%
TSM Taiwan Semiconductor-SP ADR 0.96% 21,117 $3.7M Reduce -0.1%
CL Colgate-Palmolive Co. 0.85% 33,981 $3.3M Reduce -3.6%
RTX RTX Corp. 0.85% 32,519 $3.3M Reduce -0.2%
EMR Emerson Electric Co. 0.79% 26,950 $3.1M Add +16.8%
ABT Abbott Laboratories 0.76% 28,069 $2.9M Add +0.4%
GS Goldman Sachs Group Inc. 0.75% 6,405 $2.9M Add +9.8%
NVO Novo-Nordisk A/S-Spons ADR 0.69% 18,066 $2.7M Add +0.8%
TXN Texas Instruments Inc. 0.63% 12,331 $2.4M Add +0.1%
ASML ASML Holding NV-NY Reg SHS 0.60% 2,217 $2.3M Reduce -1.8%
SPGI S&P Global Inc. 0.60% 5,198 $2.3M Reduce -0.6%
DE Deere & Co. 0.59% 5,960 $2.3M Reduce -0.2%
IHI iShares U.S. Medical Devices 0.59% 39,635 $2.3M No change
KO The Coca-Cola Co. 0.58% 34,225 $2.2M Reduce -13.7%
CVX Chevron Corp. 0.54% 12,999 $2.1M Reduce -0.1%
QQQ Invesco QQQ Trust Series 1 0.52% 3,729 $2.0M Add +0.7%
MCD McDonald's Corp. 0.50% 7,443 $2.0M Add +0.1%
YUM Yum! Brands Inc. 0.47% 13,853 $1.8M Reduce -1.6%
XLI SS Industrial Select Sector 0.47% 13,773 $1.8M No change
SNPS Synopsys Inc. 0.43% 2,720 $1.7M Reduce -0.7%
TMO Thermo Fisher Scientific Inc. 0.42% 2,886 $1.6M No change
PH Parker Hannifin Corp. 0.42% 3,199 $1.6M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.40% 2,592 $1.6M Add +49.9%
XOM Exxon Mobil Corp. 0.38% 12,387 $1.5M Add +485.7%
MDT Medtronic PLC 0.36% 17,848 $1.4M Reduce -13.4%
BDX Becton Dickinson and Co. 0.36% 5,769 $1.4M Add +11.8%
KLAC KLA Corp. 0.35% 1,668 $1.4M Reduce -0.4%
XYL Xylem Inc. 0.33% 9,166 $1.3M Reduce -0.3%
MDLZ Mondelez International Inc. Class A 0.32% 19,210 $1.3M Reduce -19.2%
AMGN Amgen Inc. 0.32% 3,818 $1.2M Reduce -10.7%
ITA iShares U.S. Aerospace & Def 0.29% 8,472 $1.1M Add +0.5%
WDAY Workday Inc. Class A 0.27% 4,532 $1.1M Reduce -15.3%
TT Trane Technologies PLC 0.27% 3,165 $1.0M No change
CNI Canadian Natl Railway Co. 0.26% 8,701 $1.0M Reduce -0.1%
WM Waste Management Inc. 0.23% 4,256 $908K No change
CAT Caterpillar Inc. 0.23% 2,550 $883K Add +19.7%
IEO iShares U.S. Oil & Gas Explo 0.22% 8,606 $873K Add +5.9%
NVS Novartis AG-Sponsored ADR 0.22% 7,806 $847K Reduce -4.2%
NKE Nike Inc. Class B 0.20% 10,164 $766K Reduce -31.3%
ANSS Ansys Inc. 0.19% 2,247 $722K Add +0.2%
MSCI MSCI Inc. 0.18% 1,423 $686K No change
ABBV Abbvie Inc. 0.17% 3,778 $648K Reduce -9.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.17% 15,817 $641K Add +2.9%
NEE Nextera Energy Inc. 0.16% 8,218 $617K Reduce -29.6%
CMI Cummins Inc. 0.16% 2,180 $604K Reduce -12.1%
INTC Intel Corp. 0.15% 18,710 $584K Reduce -18.1%
A Agilent Technologies Inc. 0.14% 4,194 $544K No change
XLK SS Technology Select Sector 0.13% 479 $516K No change
RSP Invesco S&P 500 Equal Weight 0.13% 2,637 $504K Add +6.4%
FCX Freeport-McMoran Inc. 0.12% 9,125 $450K Reduce -4.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.11% 3,900 $429K Reduce -8.2%
CSCO Cisco Systems Inc. 0.09% 7,505 $357K Reduce -0.6%
TSCO Tractor Supply Company 0.09% 1,295 $355K Reduce -7.8%
WMT Walmart Inc. 0.09% 5,109 $353K No change
GLD SPDR Gold Shares 0.09% 1,615 $347K No change
XAR SS SPDR S&P Aerospace Def 0.09% 2,315 $335K No change
CTRA Coterra Energy Inc. 0.09% 12,090 $332K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.07% 2,509 $289K No change
FANG Diamondback Energy Inc. 0.07% 1,330 $284K New
NSC Norfolk Southern Corp. 0.07% 1,200 $258K No change
AZN Astrazeneca PLC-Spons ADR 0.07% 3,125 $253K New
EQIX Equinix Inc. 0.06% 324 $245K No change
ORCL Oracle Corp. 0.06% 1,330 $236K No change
BSX Boston Scientific Corp. 0.06% 3,000 $231K No change
KEYS Keysight Technologies Inc. 0.06% 1,681 $230K No change
MCO Moody's Corp. 0.06% 540 $227K No change

Show all 104 holdings

Portfolio Sells Q1 2024 → Q2 2024
BLK BlackRock Finance Inc. Sold out 0.00% −0.50
MA Mastercard Inc. Class A Reduce -1.8% 2.25% −0.38
PEP Pepsico Inc. Reduce -2.0% 2.50% −0.35
AMD Advanced Micro Devices Reduce -2.4% 1.58% −0.32
HD Home Depot Inc. Reduce -0.5% 1.63% −0.29
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.28
V Visa Inc. Class A Reduce -1.9% 1.97% −0.28
LOW Lowe's Cos Inc. Reduce -2.1% 1.09% −0.26
SBUX Starbucks Corp. Sold out 0.00% −0.21
JNJ Johnson & Johnson Reduce -0.1% 1.40% −0.19
NKE Nike Inc. Class B Reduce -31.3% 0.20% −0.18
JPM JPMorgan Chase & Co. Reduce -1.4% 3.19% −0.18
DEO Diageo PLC-Sponsored ADR Sold out 0.00% −0.16
WDAY Workday Inc. Class A Reduce -15.3% 0.27% −0.14
MDLZ Mondelez International Inc. Class A Reduce -19.2% 0.32% −0.13
INTC Intel Corp. Reduce -18.1% 0.15% −0.12
MDT Medtronic PLC Reduce -13.4% 0.36% −0.12
STZ Constellation Brands Inc. Class A Reduce -0.1% 0.96% −0.11
KO The Coca-Cola Co. Reduce -13.7% 0.58% −0.10
DE Deere & Co. Reduce -0.2% 0.59% −0.10
LRCX Lam Research Corp. Sold out 0.00% −0.07
DHR Danaher Corp. Reduce -1.3% 1.05% −0.07
UPS United Parcel Service Class B Sold out 0.00% −0.07
PG The Procter & Gamble Co. Reduce -2.0% 1.14% −0.06
RMD Resmed Inc. Sold out 0.00% −0.06
HSY The Hershey Co. Sold out 0.00% −0.06
VZ Verizon Communications Inc. Sold out 0.00% −0.06
YUM Yum! Brands Inc. Reduce -1.6% 0.47% −0.06
NEE Nextera Energy Inc. Reduce -29.6% 0.16% −0.05
CNI Canadian Natl Railway Co. Reduce -0.1% 0.26% −0.05
CMI Cummins Inc. Reduce -12.1% 0.16% −0.04
ABBV Abbvie Inc. Reduce -9.0% 0.17% −0.04
HON Honeywell International Inc. Reduce -0.5% 1.45% −0.04
LMT Lockheed Martin Corp. Reduce -0.2% 1.25% −0.03
CVX Chevron Corp. Reduce -0.1% 0.54% −0.03
DUK Duke Energy Corp. Reduce -31.5% 0.06% −0.03
AMGN Amgen Inc. Reduce -10.7% 0.32% −0.02
RTX RTX Corp. Reduce -0.2% 0.85% −0.02
AZO AutoZone Inc. Reduce -12.8% 0.05% −0.01
CL Colgate-Palmolive Co. Reduce -3.6% 0.85% −0.01
CSCO Cisco Systems Inc. Reduce -0.6% 0.09% −0.01
TSCO Tractor Supply Company Reduce -7.8% 0.09% −0.01
ASML ASML Holding NV-NY Reg SHS Reduce -1.8% 0.60% −0.01
FCX Freeport-McMoran Inc. Reduce -4.7% 0.12% −0.01
TJX TJX Companies Inc. Reduce -8.2% 0.11% −0.01
SNPS Synopsys Inc. Reduce -0.7% 0.43% −0.01
SPGI S&P Global Inc. Reduce -0.6% 0.60% −0.00
XYL Xylem Inc. Reduce -0.3% 0.33% −0.00
NVS Novartis AG-Sponsored ADR Reduce -4.2% 0.22% +0.00
KLAC KLA Corp. Reduce -0.4% 0.35% +0.04

Portfolio Buys Q1 2024 → Q2 2024
META Meta Platforms Inc. Class A Add +125.8% 1.16% +0.65
AVGO Broadcom Inc. Add +3.4% 2.69% +0.43
XOM Exxon Mobil Corp. Add +485.7% 0.38% +0.31
COST Costco Wholesale Corp. Add +2.5% 2.56% +0.30
PANW Palo Alto Networks Inc. Add +0.9% 1.01% +0.13
SPY SS SPDR S&P 500 ETF Trust-US Add +49.9% 0.40% +0.13
AMZN Amazon.com Inc. Add +0.8% 3.43% +0.10
GS Goldman Sachs Group Inc. Add +9.8% 0.75% +0.09
MELI MercadoLibre Inc. Add +1.7% 1.71% +0.09
FANG Diamondback Energy Inc. New 0.07% +0.07
AZN Astrazeneca PLC-Spons ADR New 0.07% +0.07
EMR Emerson Electric Co. Add +16.8% 0.79% +0.07
MU Micron Technology Inc. New 0.06% +0.06
NVO Novo-Nordisk A/S-Spons ADR Add +0.8% 0.69% +0.04
TXN Texas Instruments Inc. Add +0.1% 0.63% +0.04
ZTS Zoetis Inc. Add +3.7% 1.24% +0.02
QQQ Invesco QQQ Trust Series 1 Add +0.7% 0.52% +0.02
BDX Becton Dickinson and Co. Add +11.8% 0.36% +0.01
CAT Caterpillar Inc. Add +19.7% 0.23% +0.01
BAC Bank of America Corp. Add +2.9% 0.17% +0.00
RSP Invesco S&P 500 Equal Weight Add +6.4% 0.13% +0.00
UNH Unitedhealth Group Inc. Add +1.9% 1.38% −0.00
ITA iShares U.S. Aerospace & Def Add +0.5% 0.29% −0.01
IEO iShares U.S. Oil & Gas Explo Add +5.9% 0.22% −0.01
ANSS Ansys Inc. Add +0.2% 0.19% −0.03
MCD McDonald's Corp. Add +0.1% 0.50% −0.08
BRK.B Berkshire Hathaway Inc. Class B Add +4.8% 2.75% −0.10
ABT Abbott Laboratories Add +0.4% 0.76% −0.11
LIN Linde PLC Add +0.0% 1.23% −0.14
MRK Merck & Co. Inc. Add +0.1% 1.33% −0.16
UNP Union Pacific Corp. Add +2.0% 1.45% −0.17

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 107$513.6MNVDA, AAPL, LLY, AVGO, JPM
Q1 2026 104$431.2MNVDA, AAPL, AVGO, LLY, MSFT
Q4 2025 105$455.0MNVDA, AAPL, MSFT, LLY, AVGO
Q3 2025 105$439.5MNVDA, AAPL, MSFT, AVGO, JPM
Q2 2025 111$415.3MNVDA, MSFT, AAPL, AVGO, LLY
Q1 2025 108$373.3MAAPL, MSFT, NVDA, LLY, JPM
Q4 2024 105$402.8MAAPL, NVDA, MSFT, LLY, AVGO
Q3 2024 105$401.6MAAPL, NVDA, MSFT, LLY, JPM
Q2 2024 104$388.4MNVDA, AAPL, MSFT, LLY, AMZN
Q1 2024 110$368.7MMSFT, AAPL, NVDA, LLY, JPM