Cypress Asset Management Inc.

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

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed August 15, 2025), Cypress Asset Management Inc. reported 105 stock positions worth $401.6 million. Its top holding was Apple (AAPL) at 6.9% of the portfolio, followed by Nvidia (NVDA, 6.3%) and Microsoft (MSFT, 5.9%). Compared with Q2 2024, it opened 4 new positions, sold out of 3, added to 66 and reduced 27. The biggest buy was MercadoLibre (MELI, shares +3%) and the biggest sale Nvidia (NVDA, shares −7%).

Most Recent 13F: Q2 2026
Location: HOUSTON, TX
CIK: 0001030618
Portfolio Value: $401.6M (Q3 2024)
SEC Filing: 0001085146-25-005317 ↗ filed Aug 15, 2025

Holdings Value

Holdings 105 stocks · $401.6M


AAPL Apple Inc.	6.90%	118,903	$27.7M	Add +1.6%
NVDA Nvidia Corp.	6.27%	207,220	$25.2M	Reduce -7.1%
MSFT Microsoft Corp.	5.87%	54,825	$23.6M	Add +2.4%
LLY Eli Lilly & Co.	4.83%	21,878	$19.4M	Add +1.9%
JPM JPMorgan Chase & Co.	3.20%	60,903	$12.8M	Add +1.8%
AMZN Amazon.com Inc.	3.20%	68,887	$12.8M	Add +1.4%
BRK.B Berkshire Hathaway Inc. Class B	3.00%	26,132	$12.0M	Add +2.0%
AVGO Broadcom Inc.	2.93%	68,151	$11.8M	Add +6.5%
COST Costco Wholesale Corp.	2.57%	11,653	$10.3M	Add +1.3%
PEP Pepsico Inc.	2.43%	57,498	$9.8M	Reduce -0.4%
MA Mastercard Inc. Class A	2.42%	19,704	$9.7M	Add +0.7%
GOOG Alphabet Inc. Class C	2.41%	57,958	$9.7M	Reduce -0.3%
MELI MercadoLibre Inc.	2.12%	4,143	$8.5M	Add +3.1%
V Visa Inc. Class A	1.99%	29,042	$8.0M	Add +0.9%
ADI Analog Devices Inc.	1.93%	33,622	$7.7M	Add +4.7%
HD Home Depot Inc.	1.83%	18,178	$7.4M	Add +1.0%
AMD Advanced Micro Devices	1.53%	37,509	$6.2M	Reduce -0.1%
UNH Unitedhealth Group Inc.	1.53%	10,501	$6.1M	Add +1.8%
UNP Union Pacific Corp.	1.52%	24,807	$6.1M	Add +2.2%
LMT Lockheed Martin Corp.	1.50%	10,289	$6.0M	Add +2.2%
JNJ Johnson & Johnson	1.48%	36,761	$6.0M	Add +0.9%
HON Honeywell International Inc.	1.35%	26,176	$5.4M	Add +1.0%
ZTS Zoetis Inc.	1.35%	27,673	$5.4M	Add +1.9%
META Meta Platforms Inc. Class A	1.34%	9,378	$5.4M	Add +8.7%
QCOM Qualcomm Inc.	1.32%	31,149	$5.3M	Reduce -0.7%
LIN Linde PLC	1.29%	10,874	$5.2M	Add +1.9%
LOW Lowe's Cos Inc.	1.28%	18,989	$5.1M	Add +0.5%
MRK Merck & Co. Inc.	1.24%	43,878	$5.0M	Add +7.0%
AMAT Applied Materials Inc.	1.21%	24,044	$4.9M	Reduce -0.2%
GOOGL Alphabet Inc. Class A	1.18%	28,620	$4.7M	Add +1.5%
PG The Procter & Gamble Co.	1.15%	26,566	$4.6M	Add +0.2%
DHR Danaher Corp.	1.14%	16,394	$4.6M	Add +0.8%
ADBE Adobe Inc.	1.08%	8,363	$4.3M	Add +1.0%
GS Goldman Sachs Group Inc.	1.05%	8,555	$4.2M	Add +33.6%
RTX RTX Corp.	0.99%	32,760	$4.0M	Add +0.7%
PANW Palo Alto Networks Inc.	0.98%	11,474	$3.9M	Reduce -0.4%
TSM Taiwan Semiconductor-SP ADR	0.92%	21,320	$3.7M	Add +1.0%
STZ Constellation Brands Inc. Class A	0.89%	13,875	$3.6M	Reduce -2.6%
CL Colgate-Palmolive Co.	0.85%	32,932	$3.4M	Reduce -3.1%
ABT Abbott Laboratories	0.81%	28,376	$3.2M	Add +1.1%
EMR Emerson Electric Co.	0.75%	27,644	$3.0M	Add +2.6%
SPGI S&P Global Inc.	0.67%	5,236	$2.7M	Add +0.7%
TXN Texas Instruments Inc.	0.65%	12,590	$2.6M	Add +2.1%
DE Deere & Co.	0.63%	6,096	$2.5M	Add +2.3%
XLI SS Industrial Select Sector	0.59%	17,373	$2.4M	Add +26.1%
KO The Coca-Cola Co.	0.58%	32,496	$2.3M	Reduce -5.0%
MCD McDonald's Corp.	0.57%	7,543	$2.3M	Add +1.3%
NVO Novo-Nordisk A/S-Spons ADR	0.56%	18,999	$2.3M	Add +5.2%
QQQ Invesco QQQ Trust Series 1	0.51%	4,214	$2.1M	Add +13.0%
PH Parker Hannifin Corp.	0.50%	3,204	$2.0M	Add +0.2%
CVX Chevron Corp.	0.49%	13,294	$2.0M	Add +2.3%
YUM Yum! Brands Inc.	0.48%	13,808	$1.9M	Reduce -0.3%
ASML ASML Holding NV-NY Reg SHS	0.48%	2,312	$1.9M	Add +4.3%
TMO Thermo Fisher Scientific Inc.	0.45%	2,944	$1.8M	Add +2.0%
MDT Medtronic PLC	0.40%	17,673	$1.6M	Reduce -1.0%
XOM Exxon Mobil Corp.	0.40%	13,558	$1.6M	Add +9.4%
SNPS Synopsys Inc.	0.38%	3,032	$1.5M	Add +11.5%
IHI iShares U.S. Medical Devices	0.34%	22,835	$1.4M	Reduce -42.4%
SPY SS SPDR S&P 500 ETF Trust-US	0.32%	2,263	$1.3M	Reduce -12.7%
XYL Xylem Inc.	0.32%	9,603	$1.3M	Add +4.8%
MDLZ Mondelez International Inc. Class A	0.32%	17,500	$1.3M	Reduce -8.9%
KLAC KLA Corp.	0.32%	1,664	$1.3M	Reduce -0.2%
BDX Becton Dickinson and Co.	0.32%	5,344	$1.3M	Reduce -7.4%
ITA iShares U.S. Aerospace & Def	0.32%	8,488	$1.3M	Add +0.2%
AMGN Amgen Inc.	0.32%	3,934	$1.3M	Add +3.0%
TT Trane Technologies PLC	0.31%	3,165	$1.2M	No change
WDAY Workday Inc. Class A	0.28%	4,657	$1.1M	Add +2.8%
RSP Invesco S&P 500 Equal Weight	0.28%	6,228	$1.1M	Add +136.2%
CAT Caterpillar Inc.	0.27%	2,757	$1.1M	Add +8.1%
CNI Canadian Natl Railway Co.	0.25%	8,533	$1000K	Reduce -1.9%
NVS Novartis AG-Sponsored ADR	0.23%	7,956	$915K	Add +1.9%
WM Waste Management Inc.	0.22%	4,306	$894K	Add +1.2%
MSCI MSCI Inc.	0.21%	1,448	$844K	Add +1.8%
IEO iShares U.S. Oil & Gas Explo	0.19%	8,350	$764K	Reduce -3.0%
ABBV Abbvie Inc.	0.19%	3,858	$762K	Add +2.1%
NEE Nextera Energy Inc.	0.18%	8,718	$737K	Add +6.1%
NKE Nike Inc. Class B	0.18%	8,089	$715K	Reduce -20.4%
CMI Cummins Inc.	0.17%	2,160	$699K	Reduce -0.9%
ANSS Ansys Inc.	0.17%	2,142	$683K	Reduce -4.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.17%	17,142	$680K	Add +8.4%
A Agilent Technologies Inc.	0.16%	4,194	$623K	No change
NDAQ Nasdaq Inc.	0.15%	8,450	$617K	New
XLK SS Technology Select Sector	0.13%	2,299	$519K	Add +380.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.12%	4,100	$482K	Add +5.1%
FCX Freeport-McMoran Inc.	0.11%	9,005	$450K	Reduce -1.3%
WMT Walmart Inc.	0.10%	5,209	$421K	Add +2.0%
CSCO Cisco Systems Inc.	0.10%	7,705	$410K	Add +2.7%
XAR SS SPDR S&P Aerospace Def	0.09%	2,395	$377K	Add +3.5%
TSCO Tractor Supply Company	0.09%	1,290	$375K	Reduce -0.4%
GLD SPDR Gold Shares	0.09%	1,535	$373K	Reduce -5.0%
AZN Astrazeneca PLC-Spons ADR	0.09%	4,645	$362K	Add +48.6%
NSC Norfolk Southern Corp.	0.07%	1,200	$298K	No change
CTRA Coterra Energy Inc.	0.07%	12,440	$298K	Add +2.9%
ETN Eaton Corp. PLC	0.07%	885	$293K	New
FANG Diamondback Energy Inc.	0.07%	1,690	$291K	Add +27.1%
EQIX Equinix Inc.	0.07%	324	$288K	No change
ORCL Oracle Corp.	0.07%	1,655	$282K	Add +24.4%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.07%	2,509	$273K	No change
MCO Moody's Corp.	0.06%	540	$256K	No change
BSX Boston Scientific Corp.	0.06%	3,000	$251K	No change
KEYS Keysight Technologies Inc.	0.06%	1,568	$249K	Reduce -6.7%
DUK Duke Energy Corp.	0.06%	2,100	$242K	Reduce -3.5%
AZO AutoZone Inc.	0.05%	68	$214K	No change
LHX L3HARRIS Technologies Inc.	0.05%	884	$210K	New
NFLX Netflix Inc.	0.05%	295	$209K	New

Portfolio Sells Q2 2024 → Q3 2024


NVDA Nvidia Corp.	Reduce -7.1%	6.27%	−0.92
GOOG Alphabet Inc. Class C	Reduce -0.3%	2.41%	−0.34
QCOM Qualcomm Inc.	Reduce -0.7%	1.32%	−0.29
AMAT Applied Materials Inc.	Reduce -0.2%	1.21%	−0.27
IHI iShares U.S. Medical Devices	Reduce -42.4%	0.34%	−0.25
INTC Intel Corp.	Sold out	0.00%	−0.15
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -12.7%	0.32%	−0.08
STZ Constellation Brands Inc. Class A	Reduce -2.6%	0.89%	−0.07
PEP Pepsico Inc.	Reduce -0.4%	2.43%	−0.06
MU Micron Technology Inc.	Sold out	0.00%	−0.06
PNC PNC Financial Services Group	Sold out	0.00%	−0.06
AMD Advanced Micro Devices	Reduce -0.1%	1.53%	−0.05
BDX Becton Dickinson and Co.	Reduce -7.4%	0.32%	−0.04
PANW Palo Alto Networks Inc.	Reduce -0.4%	0.98%	−0.04
IEO iShares U.S. Oil & Gas Explo	Reduce -3.0%	0.19%	−0.03
KLAC KLA Corp.	Reduce -0.2%	0.32%	−0.03
NKE Nike Inc. Class B	Reduce -20.4%	0.18%	−0.02
ANSS Ansys Inc.	Reduce -4.7%	0.17%	−0.02
CNI Canadian Natl Railway Co.	Reduce -1.9%	0.25%	−0.02
FCX Freeport-McMoran Inc.	Reduce -1.3%	0.11%	−0.00
MDLZ Mondelez International Inc. Class A	Reduce -8.9%	0.32%	−0.00
CL Colgate-Palmolive Co.	Reduce -3.1%	0.85%	−0.00
TSCO Tractor Supply Company	Reduce -0.4%	0.09%	+0.00
KEYS Keysight Technologies Inc.	Reduce -6.7%	0.06%	+0.00
GLD SPDR Gold Shares	Reduce -5.0%	0.09%	+0.00
DUK Duke Energy Corp.	Reduce -3.5%	0.06%	+0.00
KO The Coca-Cola Co.	Reduce -5.0%	0.58%	+0.01
YUM Yum! Brands Inc.	Reduce -0.3%	0.48%	+0.01
CMI Cummins Inc.	Reduce -0.9%	0.17%	+0.02
MDT Medtronic PLC	Reduce -1.0%	0.40%	+0.03

Portfolio Buys Q2 2024 → Q3 2024


MELI MercadoLibre Inc.	Add +3.1%	2.12%	+0.41
AAPL Apple Inc.	Add +1.6%	6.90%	+0.40
GS Goldman Sachs Group Inc.	Add +33.6%	1.05%	+0.30
LMT Lockheed Martin Corp.	Add +2.2%	1.50%	+0.25
BRK.B Berkshire Hathaway Inc. Class B	Add +2.0%	3.00%	+0.25
AVGO Broadcom Inc.	Add +6.5%	2.93%	+0.23
HD Home Depot Inc.	Add +1.0%	1.83%	+0.21
LOW Lowe's Cos Inc.	Add +0.5%	1.28%	+0.20
META Meta Platforms Inc. Class A	Add +8.7%	1.34%	+0.18
MA Mastercard Inc. Class A	Add +0.7%	2.42%	+0.18
NDAQ Nasdaq Inc.	New	0.15%	+0.15
UNH Unitedhealth Group Inc.	Add +1.8%	1.53%	+0.15
RSP Invesco S&P 500 Equal Weight	Add +136.2%	0.28%	+0.15
RTX RTX Corp.	Add +0.7%	0.99%	+0.14
XLI SS Industrial Select Sector	Add +26.1%	0.59%	+0.12
ZTS Zoetis Inc.	Add +1.9%	1.35%	+0.10
PH Parker Hannifin Corp.	Add +0.2%	0.50%	+0.09
JNJ Johnson & Johnson	Add +0.9%	1.48%	+0.08
DHR Danaher Corp.	Add +0.8%	1.14%	+0.08
ETN Eaton Corp. PLC	New	0.07%	+0.07
SPGI S&P Global Inc.	Add +0.7%	0.67%	+0.07
UNP Union Pacific Corp.	Add +2.2%	1.52%	+0.07
MCD McDonald's Corp.	Add +1.3%	0.57%	+0.07
LIN Linde PLC	Add +1.9%	1.29%	+0.06
LHX L3HARRIS Technologies Inc.	New	0.05%	+0.05
NFLX Netflix Inc.	New	0.05%	+0.05
ABT Abbott Laboratories	Add +1.1%	0.81%	+0.05
DE Deere & Co.	Add +2.3%	0.63%	+0.04
CAT Caterpillar Inc.	Add +8.1%	0.27%	+0.04
TMO Thermo Fisher Scientific Inc.	Add +2.0%	0.45%	+0.03
MSCI MSCI Inc.	Add +1.8%	0.21%	+0.03
AZN Astrazeneca PLC-Spons ADR	Add +48.6%	0.09%	+0.02
ITA iShares U.S. Aerospace & Def	Add +0.2%	0.32%	+0.02
NEE Nextera Energy Inc.	Add +6.1%	0.18%	+0.02
ABBV Abbvie Inc.	Add +2.1%	0.19%	+0.02
TXN Texas Instruments Inc.	Add +2.1%	0.65%	+0.02
ADI Analog Devices Inc.	Add +4.7%	1.93%	+0.02
XOM Exxon Mobil Corp.	Add +9.4%	0.40%	+0.01
WMT Walmart Inc.	Add +2.0%	0.10%	+0.01
V Visa Inc. Class A	Add +0.9%	1.99%	+0.01
WDAY Workday Inc. Class A	Add +2.8%	0.28%	+0.01
CSCO Cisco Systems Inc.	Add +2.7%	0.10%	+0.01
NVS Novartis AG-Sponsored ADR	Add +1.9%	0.23%	+0.01
ORCL Oracle Corp.	Add +24.4%	0.07%	+0.01
TJX TJX Companies Inc.	Add +5.1%	0.12%	+0.01
JPM JPMorgan Chase & Co.	Add +1.8%	3.20%	+0.01
COST Costco Wholesale Corp.	Add +1.3%	2.57%	+0.01
XAR SS SPDR S&P Aerospace Def	Add +3.5%	0.09%	+0.01
BAC Bank of America Corp.	Add +8.4%	0.17%	+0.00
PG The Procter & Gamble Co.	Add +0.2%	1.15%	+0.00

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