Cypress Asset Management Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed August 15, 2025), Cypress Asset Management Inc. reported 108 stock positions worth $373.3 million. Its top holding was Apple (AAPL) at 6.7% of the portfolio, followed by Microsoft (MSFT, 5.4%) and Nvidia (NVDA, 5.3%). Compared with Q4 2024, it opened 5 new positions, sold out of 2, added to 36 and reduced 62. The biggest buy was Eli Lilly (LLY, shares +2%) and the biggest sale Nvidia (NVDA, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001030618
- Portfolio Value
- $373.3M (Q1 2025)
- SEC Filing
- 0001085146-25-005318 ↗ filed Aug 15, 2025
Holdings Value
Holdings 108 stocks · $373.3M
| AAPL Apple Inc. | 6.73% | 113,084 | $25.1M | Reduce -1.6% |
| MSFT Microsoft Corp. | 5.38% | 53,537 | $20.1M | Add +0.1% |
| NVDA Nvidia Corp. | 5.26% | 181,212 | $19.6M | Reduce -3.3% |
| LLY Eli Lilly & Co. | 4.96% | 22,438 | $18.5M | Add +2.1% |
| JPM JPMorgan Chase & Co. | 3.89% | 59,238 | $14.5M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.61% | 25,319 | $13.5M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 3.47% | 68,179 | $13.0M | Add +0.9% |
| AVGO Broadcom Inc. | 3.05% | 67,970 | $11.4M | Add +0.7% |
| COST Costco Wholesale Corp. | 2.89% | 11,389 | $10.8M | Reduce -1.3% |
| MA Mastercard Inc. Class A | 2.77% | 18,863 | $10.3M | Reduce -2.9% |
| V Visa Inc. Class A | 2.62% | 27,871 | $9.8M | Reduce -2.5% |
| GOOG Alphabet Inc. Class C | 2.34% | 55,949 | $8.7M | Reduce -2.2% |
| MELI MercadoLibre Inc. | 2.33% | 4,464 | $8.7M | Add +1.9% |
| PEP Pepsico Inc. | 2.08% | 51,816 | $7.8M | Reduce -6.9% |
| GS Goldman Sachs Group Inc. | 1.93% | 13,161 | $7.2M | Add +9.5% |
| META Meta Platforms Inc. Class A | 1.82% | 11,780 | $6.8M | Add +14.0% |
| ADI Analog Devices Inc. | 1.80% | 33,299 | $6.7M | Reduce -0.1% |
| HD Home Depot Inc. | 1.73% | 17,645 | $6.5M | Reduce -0.8% |
| UNP Union Pacific Corp. | 1.53% | 24,216 | $5.7M | Reduce -0.7% |
| JNJ Johnson & Johnson | 1.47% | 32,989 | $5.5M | Reduce -8.7% |
| HON Honeywell International Inc. | 1.42% | 25,044 | $5.3M | Reduce -2.3% |
| UNH Unitedhealth Group Inc. | 1.42% | 10,096 | $5.3M | Reduce -0.6% |
| LIN Linde PLC | 1.38% | 11,080 | $5.2M | Add +4.0% |
| ZTS Zoetis Inc. | 1.28% | 29,095 | $4.8M | Add +5.6% |
| QCOM Qualcomm Inc. | 1.22% | 29,742 | $4.6M | Reduce -4.6% |
| PG The Procter & Gamble Co. | 1.16% | 25,456 | $4.3M | Reduce -1.6% |
| LOW Lowe's Cos Inc. | 1.13% | 18,086 | $4.2M | Reduce -3.3% |
| GOOGL Alphabet Inc. Class A | 1.13% | 27,190 | $4.2M | Reduce -1.9% |
| RTX RTX Corp. | 1.12% | 31,701 | $4.2M | Reduce -1.9% |
| LMT Lockheed Martin Corp. | 1.09% | 9,131 | $4.1M | Reduce -8.5% |
| PANW Palo Alto Networks Inc. | 1.09% | 23,870 | $4.1M | Add +1.6% |
| ABT Abbott Laboratories | 0.99% | 27,909 | $3.7M | Reduce -0.3% |
| EMR Emerson Electric Co. | 0.94% | 31,883 | $3.5M | Add +6.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.93% | 20,870 | $3.5M | Reduce -1.1% |
| AMAT Applied Materials Inc. | 0.91% | 23,425 | $3.4M | Reduce -2.4% |
| AMD Advanced Micro Devices | 0.91% | 32,960 | $3.4M | Reduce -11.4% |
| DHR Danaher Corp. | 0.87% | 15,868 | $3.3M | Reduce -1.8% |
| ADBE Adobe Inc. | 0.83% | 8,096 | $3.1M | Reduce -1.9% |
| DE Deere & Co. | 0.74% | 5,869 | $2.8M | Reduce -0.5% |
| SPGI S&P Global Inc. | 0.71% | 5,194 | $2.6M | Add +0.5% |
| BLK BlackRock Inc. | 0.65% | 2,578 | $2.4M | Reduce -2.7% |
| CL Colgate-Palmolive Co. | 0.60% | 23,959 | $2.2M | Reduce -25.1% |
| MCD McDonald's Corp. | 0.60% | 7,150 | $2.2M | Reduce -3.7% |
| TXN Texas Instruments Inc. | 0.59% | 12,334 | $2.2M | Reduce -0.2% |
| XOM Exxon Mobil Corp. | 0.59% | 18,520 | $2.2M | Add +20.9% |
| CVX Chevron Corp. | 0.59% | 13,123 | $2.2M | Add +0.3% |
| YUM Yum! Brands Inc. | 0.56% | 13,202 | $2.1M | Reduce -3.3% |
| ETN Eaton Corp. PLC | 0.55% | 7,571 | $2.1M | Add +503.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.51% | 4,087 | $1.9M | Add +9.9% |
| SNPS Synopsys Inc. | 0.50% | 4,337 | $1.9M | Add +6.3% |
| PH Parker Hannifin Corp. | 0.49% | 2,996 | $1.8M | Reduce -6.0% |
| MDT Medtronic PLC | 0.41% | 17,026 | $1.5M | Reduce -2.9% |
| RSP Invesco S&P 500 Equal Weight | 0.41% | 8,792 | $1.5M | Add +3.6% |
| MRK Merck & Co. Inc. | 0.40% | 16,477 | $1.5M | Reduce -62.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.39% | 2,225 | $1.5M | Add +2.9% |
| TMO Thermo Fisher Scientific Inc. | 0.39% | 2,903 | $1.4M | Add +0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.36% | 2,397 | $1.3M | Add +22.3% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.34% | 18,395 | $1.3M | Add +1.8% |
| XLI SS Industrial Select Sector | 0.34% | 9,734 | $1.3M | Reduce -39.8% |
| KLAC KLA Corp. | 0.34% | 1,848 | $1.3M | Add +4.2% |
| BDX Becton Dickinson and Co. | 0.33% | 5,362 | $1.2M | Add +4.0% |
| AMGN Amgen Inc. | 0.32% | 3,817 | $1.2M | Reduce -0.3% |
| XYL Xylem Inc. | 0.29% | 9,125 | $1.1M | Add +0.7% |
| IHI iShares U.S. Medical Devices | 0.29% | 17,710 | $1.1M | Reduce -12.8% |
| WM Waste Management Inc. | 0.27% | 4,306 | $997K | Add +1.2% |
| TT Trane Technologies PLC | 0.26% | 2,895 | $975K | Reduce -8.5% |
| PWR Quanta Services Inc. | 0.26% | 3,830 | $974K | New |
| POWL Powell Industries Inc. | 0.24% | 5,180 | $882K | New |
| WDAY Workday Inc. Class A | 0.23% | 3,744 | $874K | Reduce -15.4% |
| CAT Caterpillar Inc. | 0.23% | 2,640 | $871K | Reduce -0.8% |
| CNI Canadian Natl Railway Co. | 0.21% | 8,208 | $800K | Reduce -4.7% |
| HUBB Hubbell Inc. | 0.21% | 2,378 | $787K | New |
| ABBV Abbvie Inc. | 0.21% | 3,662 | $767K | Reduce -2.3% |
| NVS Novartis AG-Sponsored ADR | 0.21% | 6,875 | $766K | Reduce -2.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.20% | 18,102 | $755K | Add +7.9% |
| MSCI MSCI Inc. | 0.20% | 1,300 | $735K | Reduce -7.3% |
| CMI Cummins Inc. | 0.18% | 2,117 | $664K | Reduce -5.1% |
| KO The Coca-Cola Co. | 0.17% | 8,629 | $618K | Reduce -66.0% |
| NDAQ Nasdaq Inc. | 0.16% | 7,919 | $601K | Reduce -3.7% |
| ANSS Ansys Inc. | 0.16% | 1,877 | $594K | Reduce -10.8% |
| ITA iShares U.S. Aerospace & Def | 0.15% | 3,703 | $567K | Reduce -8.2% |
| NEE Nextera Energy Inc. | 0.15% | 7,847 | $556K | Reduce -3.1% |
| IEO iShares U.S. Oil & Gas Explo | 0.15% | 5,788 | $547K | Reduce -14.8% |
| STZ Constellation Brands Inc. Class A | 0.14% | 2,942 | $540K | Reduce -77.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.13% | 4,130 | $503K | Add +7.3% |
| APH Amphenol Corp. Class A | 0.13% | 7,469 | $490K | New |
| FANG Diamondback Energy Inc. | 0.13% | 3,020 | $483K | Add +5.4% |
| A Agilent Technologies Inc. | 0.13% | 4,094 | $479K | Reduce -2.4% |
| GEV GE Vernova Inc. | 0.12% | 1,491 | $455K | Add +7.3% |
| XLK SS Technology Select Sector | 0.12% | 2,194 | $453K | Add +358.0% |
| CSCO Cisco Systems Inc. | 0.12% | 7,305 | $451K | Reduce -5.2% |
| GLD SPDR Gold Shares | 0.12% | 1,507 | $434K | Reduce -9.5% |
| WMT Walmart Inc. | 0.11% | 4,666 | $410K | Reduce -8.7% |
| FCX Freeport-McMoran Inc. | 0.10% | 9,378 | $355K | Add +3.1% |
| TSCO Tractor Supply Company | 0.09% | 6,350 | $350K | No change |
| CTRA Coterra Energy Inc. | 0.09% | 11,540 | $334K | Add +3.1% |
| BSX Boston Scientific Corp. | 0.09% | 3,150 | $318K | No change |
| MDLZ Mondelez International Inc. Class A | 0.08% | 4,425 | $300K | Reduce -61.7% |
| NFLX Netflix Inc. | 0.08% | 318 | $297K | Add +7.8% |
| MCO Moody's Corp. | 0.08% | 626 | $292K | Add +17.0% |
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -3.3% | 5.26% | −1.10 |
| MRK Merck & Co. Inc. | Reduce -62.0% | 0.40% | −0.69 |
| AAPL Apple Inc. | Reduce -1.6% | 6.73% | −0.59 |
| STZ Constellation Brands Inc. Class A | Reduce -77.0% | 0.14% | −0.57 |
| GOOG Alphabet Inc. Class C | Reduce -2.2% | 2.34% | −0.37 |
| KO The Coca-Cola Co. | Reduce -66.0% | 0.17% | −0.24 |
| XLI SS Industrial Select Sector | Reduce -39.8% | 0.34% | −0.23 |
| AMD Advanced Micro Devices | Reduce -11.4% | 0.91% | −0.22 |
| GOOGL Alphabet Inc. Class A | Reduce -1.9% | 1.13% | −0.20 |
| LMT Lockheed Martin Corp. | Reduce -8.5% | 1.09% | −0.15 |
| CL Colgate-Palmolive Co. | Reduce -25.1% | 0.60% | −0.12 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.1% | 0.93% | −0.12 |
| MDLZ Mondelez International Inc. Class A | Reduce -61.7% | 0.08% | −0.09 |
| ADBE Adobe Inc. | Reduce -1.9% | 0.83% | −0.09 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.08 |
| TROW T Rowe Price Group Inc. | Sold out | 0.00% | −0.07 |
| AMAT Applied Materials Inc. | Reduce -2.4% | 0.91% | −0.07 |
| WDAY Workday Inc. Class A | Reduce -15.4% | 0.23% | −0.06 |
| PEP Pepsico Inc. | Reduce -6.9% | 2.08% | −0.06 |
| DHR Danaher Corp. | Reduce -1.8% | 0.87% | −0.05 |
| HON Honeywell International Inc. | Reduce -2.3% | 1.42% | −0.04 |
| LOW Lowe's Cos Inc. | Reduce -3.3% | 1.13% | −0.03 |
| TT Trane Technologies PLC | Reduce -8.5% | 0.26% | −0.03 |
| BLK BlackRock Inc. | Reduce -2.7% | 0.65% | −0.03 |
| HD Home Depot Inc. | Reduce -0.8% | 1.73% | −0.02 |
| CAT Caterpillar Inc. | Reduce -0.8% | 0.23% | −0.02 |
| ANSS Ansys Inc. | Reduce -10.8% | 0.16% | −0.02 |
| PH Parker Hannifin Corp. | Reduce -6.0% | 0.49% | −0.02 |
| CMI Cummins Inc. | Reduce -5.1% | 0.18% | −0.02 |
| MSCI MSCI Inc. | Reduce -7.3% | 0.20% | −0.01 |
| A Agilent Technologies Inc. | Reduce -2.4% | 0.13% | −0.01 |
| IHI iShares U.S. Medical Devices | Reduce -12.8% | 0.29% | −0.01 |
| IEO iShares U.S. Oil & Gas Explo | Reduce -14.8% | 0.15% | −0.01 |
| XAR SS SPDR S&P Aerospace Def | Reduce -9.9% | 0.06% | −0.01 |
| WMT Walmart Inc. | Reduce -8.7% | 0.11% | −0.01 |
| NDAQ Nasdaq Inc. | Reduce -3.7% | 0.16% | −0.00 |
| NEE Nextera Energy Inc. | Reduce -3.1% | 0.15% | −0.00 |
| KEYS Keysight Technologies Inc. | Reduce -5.5% | 0.06% | −0.00 |
| CNI Canadian Natl Railway Co. | Reduce -4.7% | 0.21% | −0.00 |
| ITA iShares U.S. Aerospace & Def | Reduce -8.2% | 0.15% | +0.00 |
| DUK Duke Energy Corp. | Reduce -12.3% | 0.06% | +0.00 |
| CSCO Cisco Systems Inc. | Reduce -5.2% | 0.12% | +0.01 |
| TXN Texas Instruments Inc. | Reduce -0.2% | 0.59% | +0.01 |
| GLD SPDR Gold Shares | Reduce -9.5% | 0.12% | +0.02 |
| ADI Analog Devices Inc. | Reduce -0.1% | 1.80% | +0.02 |
| NVS Novartis AG-Sponsored ADR | Reduce -2.9% | 0.21% | +0.03 |
| QCOM Qualcomm Inc. | Reduce -4.6% | 1.22% | +0.03 |
| ABBV Abbvie Inc. | Reduce -2.3% | 0.21% | +0.04 |
| MCD McDonald's Corp. | Reduce -3.7% | 0.60% | +0.06 |
| MDT Medtronic PLC | Reduce -2.9% | 0.41% | +0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| LLY Eli Lilly & Co. | Add +2.1% | 4.96% | +0.68 |
| MELI MercadoLibre Inc. | Add +1.9% | 2.33% | +0.47 |
| ETN Eaton Corp. PLC | Add +503.3% | 0.55% | +0.44 |
| META Meta Platforms Inc. Class A | Add +14.0% | 1.82% | +0.27 |
| PWR Quanta Services Inc. | New | 0.26% | +0.26 |
| LIN Linde PLC | Add +4.0% | 1.38% | +0.25 |
| POWL Powell Industries Inc. | New | 0.24% | +0.24 |
| HUBB Hubbell Inc. | New | 0.21% | +0.21 |
| GS Goldman Sachs Group Inc. | Add +9.5% | 1.93% | +0.18 |
| XOM Exxon Mobil Corp. | Add +20.9% | 0.59% | +0.17 |
| ZTS Zoetis Inc. | Add +5.6% | 1.28% | +0.14 |
| APH Amphenol Corp. Class A | New | 0.13% | +0.13 |
| CVX Chevron Corp. | Add +0.3% | 0.59% | +0.10 |
| ALC Alcon Inc. | New | 0.06% | +0.06 |
| SPGI S&P Global Inc. | Add +0.5% | 0.71% | +0.06 |
| KLAC KLA Corp. | Add +4.2% | 0.34% | +0.06 |
| WM Waste Management Inc. | Add +1.2% | 0.27% | +0.05 |
| BDX Becton Dickinson and Co. | Add +4.0% | 0.33% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +22.3% | 0.36% | +0.03 |
| XYL Xylem Inc. | Add +0.7% | 0.29% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +1.6% | 1.09% | +0.02 |
| TJX TJX Companies Inc. | Add +7.3% | 0.13% | +0.02 |
| CTRA Coterra Energy Inc. | Add +3.1% | 0.09% | +0.02 |
| BAC Bank of America Corp. | Add +7.9% | 0.20% | +0.02 |
| MCO Moody's Corp. | Add +17.0% | 0.08% | +0.02 |
| NFLX Netflix Inc. | Add +7.8% | 0.08% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +2.9% | 0.39% | +0.01 |
| FANG Diamondback Energy Inc. | Add +5.4% | 0.13% | +0.01 |
| GEV GE Vernova Inc. | Add +7.3% | 0.12% | +0.01 |
| FCX Freeport-McMoran Inc. | Add +3.1% | 0.10% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +0.2% | 0.39% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +3.6% | 0.41% | +0.00 |
| ORCL Oracle Corp. | Add +24.4% | 0.06% | −0.01 |
| XLK SS Technology Select Sector | Add +358.0% | 0.12% | −0.01 |
| EMR Emerson Electric Co. | Add +6.0% | 0.94% | −0.01 |
| SNPS Synopsys Inc. | Add +6.3% | 0.50% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +9.9% | 0.51% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +1.8% | 0.34% | −0.06 |
| AMZN Amazon.com Inc. | Add +0.9% | 3.47% | −0.26 |
| MSFT Microsoft Corp. | Add +0.1% | 5.38% | −0.37 |
| AVGO Broadcom Inc. | Add +0.7% | 3.05% | −0.91 |
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 |