Cypress Asset Management Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Cypress Asset Management Inc. reported 111 stock positions worth $415.3 million. Its top holding was Nvidia (NVDA) at 6.9% of the portfolio, followed by Microsoft (MSFT, 6.4%) and Apple (AAPL, 5.5%). Compared with Q1 2025, it opened 4 new positions, sold out of 1, added to 41 and reduced 29. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
HOUSTON, TX
CIK
0001030618
Portfolio Value
$415.3M (Q2 2025)
SEC Filing
0001085146-25-005198 ↗ filed Aug 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $368.7M Q1 2024 Q2 2024: $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 $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 111 stocks · $415.3M
NVDA Nvidia Corp. 6.91% 181,639 $28.7M Add +0.2%
MSFT Microsoft Corp. 6.42% 53,599 $26.7M Add +0.1%
AAPL Apple Inc. 5.53% 111,863 $23.0M Reduce -1.1%
AVGO Broadcom Inc. 4.65% 70,138 $19.3M Add +3.2%
LLY Eli Lilly & Co. 4.31% 22,944 $17.9M Add +2.3%
JPM JPMorgan Chase & Co. 4.18% 59,873 $17.4M Add +1.1%
AMZN Amazon.com Inc. 3.65% 69,196 $15.2M Add +1.5%
MELI MercadoLibre Inc. 3.39% 5,395 $14.1M Add +20.9%
BRK.B Berkshire Hathaway Inc. Class B 2.96% 25,287 $12.3M Reduce -0.1%
COST Costco Wholesale Corp. 2.83% 11,870 $11.8M Add +4.2%
MA Mastercard Inc. Class A 2.52% 18,621 $10.5M Reduce -1.3%
V Visa Inc. Class A 2.35% 27,531 $9.8M Reduce -1.2%
META Meta Platforms Inc. Class A 2.33% 13,084 $9.7M Add +11.1%
GS Goldman Sachs Group Inc. 2.29% 13,467 $9.5M Add +2.3%
GOOG Alphabet Inc. Class C 2.03% 47,427 $8.4M Reduce -15.2%
ADI Analog Devices Inc. 1.93% 33,615 $8.0M Add +0.9%
PEP Pepsico Inc. 1.62% 50,866 $6.7M Reduce -1.8%
HD Home Depot Inc. 1.56% 17,700 $6.5M Add +0.3%
HON Honeywell International Inc. 1.41% 25,094 $5.8M Add +0.2%
UNP Union Pacific Corp. 1.35% 24,336 $5.6M Add +0.5%
LIN Linde PLC 1.28% 11,305 $5.3M Add +2.0%
JNJ Johnson & Johnson 1.25% 33,879 $5.2M Add +2.7%
PANW Palo Alto Networks Inc. 1.20% 24,387 $5.0M Add +2.2%
QCOM Qualcomm Inc. 1.14% 29,742 $4.7M No change
TSM Taiwan Semiconductor-SP ADR 1.14% 20,890 $4.7M Add +0.1%
RTX RTX Corp. 1.12% 31,793 $4.6M Add +0.3%
AMD Advanced Micro Devices 1.12% 32,679 $4.6M Reduce -0.8%
ZTS Zoetis Inc. 1.11% 29,610 $4.6M Add +1.8%
AMAT Applied Materials Inc. 1.06% 23,976 $4.4M Add +2.4%
EMR Emerson Electric Co. 1.03% 31,983 $4.3M Add +0.3%
LMT Lockheed Martin Corp. 1.00% 8,927 $4.1M Reduce -2.2%
PG The Procter & Gamble Co. 0.97% 25,351 $4.0M Reduce -0.4%
LOW Lowe's Cos Inc. 0.93% 17,431 $3.9M Reduce -3.6%
ABT Abbott Laboratories 0.91% 27,809 $3.8M Reduce -0.4%
UNH Unitedhealth Group Inc. 0.76% 10,054 $3.1M Reduce -0.4%
ADBE Adobe Inc. 0.74% 7,995 $3.1M Reduce -1.3%
ETN Eaton Corp. PLC 0.74% 8,593 $3.1M Add +13.5%
DHR Danaher Corp. 0.72% 15,152 $3.0M Reduce -4.5%
DE Deere & Co. 0.72% 5,869 $3.0M No change
SPGI S&P Global Inc. 0.67% 5,267 $2.8M Add +1.4%
BLK BlackRock Inc. 0.65% 2,578 $2.7M No change
TXN Texas Instruments Inc. 0.63% 12,575 $2.6M Add +1.9%
SNPS Synopsys Inc. 0.60% 4,856 $2.5M Add +12.0%
QQQ Invesco QQQ Trust Series 1 0.54% 4,102 $2.3M Add +0.4%
CL Colgate-Palmolive Co. 0.52% 23,609 $2.1M Reduce -1.5%
PH Parker Hannifin Corp. 0.50% 2,996 $2.1M No change
MCD McDonald's Corp. 0.50% 7,150 $2.1M No change
XOM Exxon Mobil Corp. 0.48% 18,520 $2.0M No change
YUM Yum! Brands Inc. 0.47% 13,202 $2.0M No change
CVX Chevron Corp. 0.45% 13,123 $1.9M No change
ASML ASML Holding NV-NY Reg SHS 0.43% 2,225 $1.8M No change
KLAC KLA Corp. 0.40% 1,848 $1.7M No change
RSP Invesco S&P 500 Equal Weight 0.38% 8,777 $1.6M Reduce -0.2%
MDT Medtronic PLC 0.36% 16,948 $1.5M Reduce -0.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.35% 2,384 $1.5M Reduce -0.5%
PWR Quanta Services Inc. 0.35% 3,855 $1.5M Add +0.7%
XLI SS Industrial Select Sector 0.35% 9,734 $1.4M No change
MRK Merck & Co. Inc. 0.33% 17,325 $1.4M Add +5.2%
GEV GE Vernova Inc. 0.33% 2,582 $1.4M Add +73.2%
TT Trane Technologies PLC 0.30% 2,895 $1.3M No change
NVO Novo-Nordisk A/S-Spons ADR 0.29% 17,253 $1.2M Reduce -6.2%
XYL Xylem Inc. 0.28% 9,125 $1.2M No change
TMO Thermo Fisher Scientific Inc. 0.28% 2,893 $1.2M Reduce -0.3%
POWL Powell Industries Inc. 0.27% 5,292 $1.1M Add +2.2%
IHI iShares U.S. Medical Devices 0.27% 17,710 $1.1M No change
AMGN Amgen Inc. 0.26% 3,837 $1.1M Add +0.5%
GOOGL Alphabet Inc. Class A 0.25% 5,879 $1.0M Reduce -78.4%
CAT Caterpillar Inc. 0.25% 2,640 $1.0M No change
WM Waste Management Inc. 0.24% 4,306 $985K No change
HUBB Hubbell Inc. 0.23% 2,378 $971K No change
BDX Becton Dickinson and Co. 0.22% 5,402 $930K Add +0.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.21% 18,202 $861K Add +0.6%
CNI Canadian Natl Railway Co. 0.21% 8,208 $854K No change
NVS Novartis AG-Sponsored ADR 0.20% 6,875 $832K No change
ABBV Abbvie Inc. 0.19% 4,177 $775K Add +14.1%
MSCI MSCI Inc. 0.18% 1,332 $768K Add +2.5%
APH Amphenol Corp. Class A 0.18% 7,569 $747K Add +1.3%
NDAQ Nasdaq Inc. 0.17% 7,919 $708K No change
ITA iShares U.S. Aerospace & Def 0.17% 3,703 $699K No change
CMI Cummins Inc. 0.17% 2,117 $693K No change
ANSS Ansys Inc. 0.16% 1,877 $659K No change
XLK SS Technology Select Sector 0.13% 2,194 $556K No change
KO The Coca-Cola Co. 0.13% 7,829 $554K Reduce -9.3%
NEE Nextera Energy Inc. 0.13% 7,847 $545K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.12% 4,130 $510K No change
CSCO Cisco Systems Inc. 0.12% 7,305 $507K No change
NFLX Netflix Inc. 0.11% 354 $474K Add +11.3%
IEO iShares U.S. Oil & Gas Explo 0.11% 5,188 $460K Reduce -10.4%
GLD SPDR Gold Shares 0.11% 1,507 $459K No change
WMT Walmart Inc. 0.11% 4,641 $454K Reduce -0.5%
A Agilent Technologies Inc. 0.11% 3,816 $450K Reduce -6.8%
FCX Freeport-McMoran Inc. 0.10% 9,378 $407K No change
FANG Diamondback Energy Inc. 0.10% 2,905 $399K Reduce -3.8%
ORCL Oracle Corp. 0.09% 1,655 $362K No change
BSX Boston Scientific Corp. 0.08% 3,150 $338K No change
TSCO Tractor Supply Company 0.08% 6,350 $335K No change
MCO Moody's Corp. 0.08% 651 $327K Add +4.0%
XAR SS SPDR S&P Aerospace Def 0.08% 1,500 $316K No change
NSC Norfolk Southern Corp. 0.07% 1,200 $307K No change
WDAY Workday Inc. Class A 0.07% 1,247 $299K Reduce -66.7%
CTRA Coterra Energy Inc. 0.07% 11,390 $289K Reduce -1.3%
MDLZ Mondelez International Inc. Class A 0.07% 4,210 $284K Reduce -4.9%
LRCX Lam Research Corp. 0.06% 2,750 $268K New
KEYS Keysight Technologies Inc. 0.06% 1,581 $259K Add +6.8%
EQIX Equinix Inc. 0.06% 324 $258K No change
MRVL Marvell Technology Inc. 0.06% 3,205 $248K New
AZO AutoZone Inc. 0.06% 65 $241K No change
DUK Duke Energy Corp. 0.05% 1,908 $225K No change
ALC Alcon Inc. filed as ALCON AG 0.05% 2,549 $225K Add +2.0%
MU Micron Technology Inc. 0.05% 1,815 $224K New
LHX L3HARRIS Technologies Inc. 0.05% 866 $217K New

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -1.1% 5.53% −1.20
GOOGL Alphabet Inc. Class A Reduce -78.4% 0.25% −0.88
UNH Unitedhealth Group Inc. Reduce -0.4% 0.76% −0.66
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.1% 2.96% −0.65
PEP Pepsico Inc. Reduce -1.8% 1.62% −0.46
GOOG Alphabet Inc. Class C Reduce -15.2% 2.03% −0.32
V Visa Inc. Class A Reduce -1.2% 2.35% −0.26
MA Mastercard Inc. Class A Reduce -1.3% 2.52% −0.25
LOW Lowe's Cos Inc. Reduce -3.6% 0.93% −0.20
PG The Procter & Gamble Co. Reduce -0.4% 0.97% −0.19
WDAY Workday Inc. Class A Reduce -66.7% 0.07% −0.16
DHR Danaher Corp. Reduce -4.5% 0.72% −0.15
STZ Constellation Brands Inc. Class A Sold out 0.00% −0.14
TMO Thermo Fisher Scientific Inc. Reduce -0.3% 0.28% −0.10
LMT Lockheed Martin Corp. Reduce -2.2% 1.00% −0.10
ADBE Adobe Inc. Reduce -1.3% 0.74% −0.09
CL Colgate-Palmolive Co. Reduce -1.5% 0.52% −0.08
ABT Abbott Laboratories Reduce -0.4% 0.91% −0.08
NVO Novo-Nordisk A/S-Spons ADR Reduce -6.2% 0.29% −0.06
MDT Medtronic PLC Reduce -0.5% 0.36% −0.05
IEO iShares U.S. Oil & Gas Explo Reduce -10.4% 0.11% −0.04
FANG Diamondback Energy Inc. Reduce -3.8% 0.10% −0.03
KO The Coca-Cola Co. Reduce -9.3% 0.13% −0.03
RSP Invesco S&P 500 Equal Weight Reduce -0.2% 0.38% −0.02
A Agilent Technologies Inc. Reduce -6.8% 0.11% −0.02
CTRA Coterra Energy Inc. Reduce -1.3% 0.07% −0.02
MDLZ Mondelez International Inc. Class A Reduce -4.9% 0.07% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.5% 0.35% −0.00
WMT Walmart Inc. Reduce -0.5% 0.11% −0.00
AMD Advanced Micro Devices Reduce -0.8% 1.12% +0.21

Portfolio Buys Q1 2025 → Q2 2025
NVDA Nvidia Corp. Add +0.2% 6.91% +1.65
AVGO Broadcom Inc. Add +3.2% 4.65% +1.61
MELI MercadoLibre Inc. Add +20.9% 3.39% +1.06
MSFT Microsoft Corp. Add +0.1% 6.42% +1.04
META Meta Platforms Inc. Class A Add +11.1% 2.33% +0.51
GS Goldman Sachs Group Inc. Add +2.3% 2.29% +0.37
JPM JPMorgan Chase & Co. Add +1.1% 4.18% +0.29
TSM Taiwan Semiconductor-SP ADR Add +0.1% 1.14% +0.21
GEV GE Vernova Inc. Add +73.2% 0.33% +0.21
ETN Eaton Corp. PLC Add +13.5% 0.74% +0.19
AMZN Amazon.com Inc. Add +1.5% 3.65% +0.18
AMAT Applied Materials Inc. Add +2.4% 1.06% +0.15
ADI Analog Devices Inc. Add +0.9% 1.93% +0.13
PANW Palo Alto Networks Inc. Add +2.2% 1.20% +0.11
SNPS Synopsys Inc. Add +12.0% 0.60% +0.10
EMR Emerson Electric Co. Add +0.3% 1.03% +0.09
PWR Quanta Services Inc. Add +0.7% 0.35% +0.09
LRCX Lam Research Corp. New 0.06% +0.06
MRVL Marvell Technology Inc. New 0.06% +0.06
MU Micron Technology Inc. New 0.05% +0.05
LHX L3HARRIS Technologies Inc. New 0.05% +0.05
APH Amphenol Corp. Class A Add +1.3% 0.18% +0.05
TXN Texas Instruments Inc. Add +1.9% 0.63% +0.03
NFLX Netflix Inc. Add +11.3% 0.11% +0.03
POWL Powell Industries Inc. Add +2.2% 0.27% +0.03
QQQ Invesco QQQ Trust Series 1 Add +0.4% 0.54% +0.03
BAC Bank of America Corp. Add +0.6% 0.21% +0.01
KEYS Keysight Technologies Inc. Add +6.8% 0.06% +0.00
MCO Moody's Corp. Add +4.0% 0.08% +0.00
RTX RTX Corp. Add +0.3% 1.12% −0.01
ALC Alcon Inc. Add +2.0% 0.05% −0.01
MSCI MSCI Inc. Add +2.5% 0.18% −0.01
HON Honeywell International Inc. Add +0.2% 1.41% −0.01
ABBV Abbvie Inc. Add +14.1% 0.19% −0.02
SPGI S&P Global Inc. Add +1.4% 0.67% −0.04
COST Costco Wholesale Corp. Add +4.2% 2.83% −0.06
AMGN Amgen Inc. Add +0.5% 0.26% −0.06
MRK Merck & Co. Inc. Add +5.2% 0.33% −0.07
BDX Becton Dickinson and Co. Add +0.8% 0.22% −0.10
LIN Linde PLC Add +2.0% 1.28% −0.10
HD Home Depot Inc. Add +0.3% 1.56% −0.17
ZTS Zoetis Inc. Add +1.8% 1.11% −0.17
UNP Union Pacific Corp. Add +0.5% 1.35% −0.18
JNJ Johnson & Johnson Add +2.7% 1.25% −0.22
LLY Eli Lilly & Co. Add +2.3% 4.31% −0.66

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