Cypress Capital Management LLC (WY)

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 5, 2025), Cypress Capital Management LLC (WY) reported 163 stock positions worth $83.7 million. Its top holding was Apple (AAPL) at 21.8% of the portfolio, followed by Costco Wholesale (COST, 5.4%) and Alamos Gold Class A (AGI, 3.7%). Compared with Q4 2024, it opened 23 new positions, sold out of 10, added to 11 and reduced 47. The biggest buy was a new position in BlackRock Enrgy & Res TR (BGR) and the biggest sale iShares 20+ Year Treasury BD (TLT, shares −100%).

Most Recent 13F
Q2 2026
Location
SHERIDAN, WY
CIK
0001633896
Portfolio Value
$83.7M (Q1 2025)
SEC Filing
0001633896-25-000002 ↗ filed May 5, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $91.5M Q1 2024 Q2 2024: $93.2M Q2 2024 Q3 2024: $92.5M Q3 2024 Q4 2024: $87.4M Q4 2024 Q1 2025: $83.7M $83.7M Q1 2025 Q2 2025: $92.1M Q2 2025 Q3 2025: $99.4M Q3 2025 Q4 2025: $103.3M Q4 2025 Q1 2026: $105.1M Q1 2026 Q2 2026: $118.2M Q2 2026

Holdings 163 stocks · $83.7M

AAPL Apple Inc. 21.83% 82,242 $18.3M Reduce -0.8%
COST Costco Wholesale Corp. 5.41% 4,786 $4.5M Reduce -2.5%
AGI Alamos Gold Inc. Class A 3.74% 117,093 $3.1M Reduce -2.0%
PM Philip Morris International 3.73% 19,682 $3.1M Reduce -1.5%
FIBK First Interstate Bancsys-A 3.43% 100,165 $2.9M No change
PHYS Sprott Physical Gold Trust 3.31% 115,029 $2.8M Reduce -1.3%
AMLP Alerian MLP ETF 3.18% 51,276 $2.7M Reduce -2.6%
IJT iShares S&P Small-Cap 600 GR 3.07% 20,665 $2.6M Reduce -3.2%
V Visa Inc. Class A 2.72% 6,506 $2.3M Reduce -6.2%
JPM JPMorgan Chase & Co. 2.47% 8,436 $2.1M Reduce -1.3%
XOM Exxon Mobil Corp. 2.38% 16,744 $2.0M Reduce -1.4%
AEM Agnico Eagle Mines Ltd. 2.12% 16,398 $1.8M Reduce -3.0%
CVX Chevron Corp. 1.99% 9,946 $1.7M Add +1.8%
XETYX Eaton Vance Tax-MGD Div Eqty 1.98% 116,230 $1.7M Add +2958.7%
BGR BlackRock Enrgy & Res TR 1.97% 121,593 $1.7M New
KRE SS SPDR S&P Regional Bank 1.94% 28,578 $1.6M Reduce -3.5%
QQQX Nuveen Nasdaq 100 DYN Overwr 1.87% 64,304 $1.6M New
GDX Vaneck Gold Miners ETF 1.82% 33,094 $1.5M Reduce -52.4%
JEPI JPMorgan Equity Premium Inco 1.79% 26,286 $1.5M Reduce -1.9%
AER Aercap Holdings NV 1.70% 13,927 $1.4M Reduce -2.5%
CCJ Cameco Corp. 1.39% 28,245 $1.2M Reduce -4.3%
AEP American Electric Power 1.37% 10,470 $1.1M Reduce -2.4%
SCCO Southern Copper Corp. 1.34% 12,024 $1.1M Reduce -1.6%
NVDA Nvidia Corp. 1.31% 10,143 $1.1M Reduce -2.0%
XLV SS Health Care Select Sector 1.31% 7,487 $1.1M Add +1.9%
AMH American Homes 4 Rent- A 1.24% 27,358 $1.0M Reduce -7.1%
CELH Celsius Holdings Inc. 1.17% 27,465 $978K Reduce -3.8%
MSFT Microsoft Corp. 1.11% 2,476 $929K Reduce -2.3%
PBR Petroleo Brasileiro-Spon ADR 1.04% 60,709 $871K Reduce -2.5%
GOOGL Alphabet Inc. Class A 1.01% 5,447 $842K Add +0.5%
BRK.A Berkshire Hathaway Inc. Class A 0.95% 1 $798K No change
CLS Celestica Inc. 0.94% 10,002 $788K New
NUE Nucor Corp. 0.92% 6,396 $770K Reduce -2.7%
AMD Advanced Micro Devices 0.87% 7,049 $724K Reduce -8.7%
BTU Peabody Energy Corp. 0.76% 46,818 $634K Reduce -9.9%
AMZN Amazon.com Inc. 0.69% 3,013 $573K Add +6.3%
CVI CVR Energy Inc. 0.67% 28,991 $562K Reduce -6.9%
EPD Enterprise Products Partners 0.56% 13,775 $470K No change
GLD SPDR Gold Shares 0.53% 1,526 $440K Add +11.3%
ET Energy Transfer LP 0.44% 19,900 $370K No change
PG The Procter & Gamble Co. 0.35% 1,725 $294K No change
BRK.B Berkshire Hathaway Inc. Class B 0.34% 537 $286K Add +40.6%
IGV iShares Expanded Tech-Softwa 0.34% 3,212 $286K Reduce -4.3%
ABT Abbott Laboratories 0.34% 2,139 $284K Reduce -6.5%
RACE Ferrari NV 0.33% 650 $278K No change
SCHG Schwab US Large-Cap Growth 0.28% 9,487 $238K Reduce -2.7%
SPYM Ste STR SPDR PT S&P 500 ETF 0.28% 3,528 $232K Reduce -2.5%
CRM Salesforce Inc. 0.26% 800 $215K No change
RTX RTX Corp. 0.25% 1,565 $207K No change
RSG Republic Services Inc. 0.22% 751 $182K No change
HON Honeywell International Inc. 0.21% 828 $175K No change
MO Altria Group Inc. 0.21% 2,900 $174K No change
ARI Apollo Commercial Real Estat 0.19% 16,333 $156K Reduce -2.4%
MCD McDonald's Corp. 0.19% 500 $156K New
QQQ Invesco QQQ Trust Series 1 0.18% 315 $148K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.17% 1,824 $144K Reduce -6.1%
IYG iShares U.S. Financial Servi 0.16% 1,674 $131K Reduce -6.0%
USB US Bancorp 0.16% 3,102 $131K No change
PEP Pepsico Inc. 0.14% 774 $116K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.13% 290 $108K New
VENU Venu Holding Corp. filed as VENU HLDG CORP 0.12% 11,280 $104K New
DGX Quest Diagnostics Inc. 0.12% 600 $102K No change
JNJ Johnson & Johnson 0.12% 611 $101K Add +74.6%
MMM 3M Co. 0.12% 661 $97K No change
CL Colgate-Palmolive Co. 0.11% 1,000 $94K No change
KMB Kimberly-Clark Corp. 0.11% 616 $88K No change
USO United States Oil Fund LP 0.10% 1,070 $83K No change
VZ Verizon Communications Inc. 0.10% 1,797 $82K No change
KO The Coca-Cola Co. 0.10% 1,118 $80K New
CARR Carrier Global Corp. 0.09% 1,210 $77K No change
EOS Eaton Vance Enh Eqt Inc. II 0.09% 3,550 $75K No change
EMR Emerson Electric Co. 0.09% 675 $74K No change
LLY Eli Lilly & Co. 0.08% 82 $68K No change
LOPE Grand Canyon Education Inc. 0.08% 375 $65K New
XLK SS Technology Select Sector 0.07% 304 $63K New
VIG Vanguard Dividend Apprec ETF 0.07% 318 $62K New
EW Edwards Lifesciences Corp. 0.07% 830 $60K No change
OKE Oneok Inc. 0.07% 599 $59K No change
ITW Illinois Tool Works 0.07% 220 $55K No change
K Kellanova 0.06% 653 $54K New
SMH Vaneck Semiconductor ETF 0.06% 250 $53K Reduce -2.7%
OTIS Otis Worldwide Corp. 0.06% 500 $52K No change
ENB Enbridge Inc. 0.06% 1,078 $48K New
ITA iShares U.S. Aerospace & Def 0.05% 266 $41K No change
XEXGX Eaton Vance Tax-Managed Glob 0.05% 5,000 $41K No change
NRIM Northrim Bancorp Inc. 0.05% 539 $39K Add +0.9%
BA The Boeing Co. 0.05% 223 $38K No change
FNGS Microsectors Fang+ Etns filed as BANK MONTREAL MEDIUM 0.04% 747 $37K Reduce -2.9%
ABBV Abbvie Inc. 0.04% 169 $35K New
O Realty Income Corp. 0.04% 609 $35K No change
T AT&T Inc. 0.04% 1,244 $35K No change
DVY iShares Select Dividend ETF 0.04% 261 $35K New
BKE The Buckle Inc. 0.04% 907 $35K No change
XLF SS Financial Select Sector 0.04% 687 $34K New
SBUX Starbucks Corp. 0.04% 324 $32K No change
LMT Lockheed Martin Corp. 0.04% 71 $32K Reduce -98.1%
XLI SS Industrial Select Sector 0.04% 235 $31K New
MRK Merck & Co. Inc. 0.04% 335 $30K No change
PSA Public Storage 0.03% 96 $29K No change
NVO Novo-Nordisk A/S-Spons ADR 0.03% 400 $28K Reduce -27.3%

Show all 163 holdings

Portfolio Sells Q4 2024 → Q1 2025

TLT iShares 20+ Year Treasury BD Reduce -100.0% 0.00% −2.47
LMT Lockheed Martin Corp. Reduce -98.1% 0.04% −2.02
AAPL Apple Inc. Reduce -0.8% 21.83% −1.95
DKNG Draftkings Inc. Class A Reduce -100.0% 0.00% −1.10
CP Canadian Pacific Kansas City Sold out 0.00% −1.09
GDX Vaneck Gold Miners ETF Reduce -52.4% 1.82% −0.88
FL Foot Locker Inc. Reduce -100.0% 0.00% −0.87
PPLT Abrdn Physical Platinum SHRS Sold out 0.00% −0.84
ADBE Adobe Inc. Sold out 0.00% −0.75
BTU Peabody Energy Corp. Reduce -9.9% 0.76% −0.49
CCJ Cameco Corp. Reduce -4.3% 1.39% −0.35
NVDA Nvidia Corp. Reduce -2.0% 1.31% −0.28
NXH Neighborhood Intelligence Inc. Reduce -100.0% 0.00% −0.25
IJT iShares S&P Small-Cap 600 GR Reduce -3.2% 3.07% −0.23
AMD Advanced Micro Devices Reduce -8.7% 0.87% −0.20
MSFT Microsoft Corp. Reduce -2.3% 1.11% −0.11
KRE SS SPDR S&P Regional Bank Reduce -3.5% 1.94% −0.10
QCOM Qualcomm Inc. Sold out 0.00% −0.04
IGV iShares Expanded Tech-Softwa Reduce -4.3% 0.34% −0.04
SCHG Schwab US Large-Cap Growth Reduce -2.7% 0.28% −0.03
AMH American Homes 4 Rent- A Reduce -7.1% 1.24% −0.03
NVO Novo-Nordisk A/S-Spons ADR Reduce -27.3% 0.03% −0.02
ACRE Ares Commercial Real Estate Reduce -5.2% 0.03% −0.01
MGM MGM Resorts International Sold out 0.00% −0.01
SOLV Solventum Corp. Reduce -84.8% 0.00% −0.01
DVN Devon Energy Corp. Sold out 0.00% −0.01
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -2.5% 0.28% −0.01
SMH Vaneck Semiconductor ETF Reduce -2.7% 0.06% −0.01
FNGS Microsectors Fang+ Etns Reduce -2.9% 0.04% −0.01
EGO Eldorado Gold Corp. Sold out 0.00% −0.00
ABR Arbor Realty Trust Inc. Sold out 0.00% −0.00
PROSHARES ULTRA BLOOMBERG NA Reduce -92.3% 0.00% −0.00
IYG iShares U.S. Financial Servi Reduce -6.0% 0.16% −0.00
DD Dupont DE Nemours Inc. Sold out 0.00% −0.00
OUT Outfront Media Inc. Reduce -0.3% 0.00% −0.00
ITRMF Iterum Therapeutics PLC Sold out 0.00% −0.00
FCX Freeport-McMoran Inc. Reduce -2.1% 0.03% +0.00
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -6.1% 0.17% +0.00
CVI CVR Energy Inc. Reduce -6.9% 0.67% +0.00
JEPI JPMorgan Equity Premium Inco Reduce -1.9% 1.79% +0.02
ARI Apollo Commercial Real Estat Reduce -2.4% 0.19% +0.02
NUE Nucor Corp. Reduce -2.7% 0.92% +0.04
ABT Abbott Laboratories Reduce -6.5% 0.34% +0.04
SCCO Southern Copper Corp. Reduce -1.6% 1.34% +0.07
PBR Petroleo Brasileiro-Spon ADR Reduce -2.5% 1.04% +0.12
JPM JPMorgan Chase & Co. Reduce -1.3% 2.47% +0.13
AER Aercap Holdings NV Reduce -2.5% 1.70% +0.14
V Visa Inc. Class A Reduce -6.2% 2.72% +0.21
AEP American Electric Power Reduce -2.4% 1.37% +0.23
COST Costco Wholesale Corp. Reduce -2.5% 5.41% +0.26

Portfolio Buys Q4 2024 → Q1 2025

BGR BlackRock Enrgy & Res TR New 1.97% +1.97
XETYX Eaton Vance Tax-MGD Div Eqty Add +2958.7% 1.98% +1.92
QQQX Nuveen Nasdaq 100 DYN Overwr New 1.87% +1.87
CLS Celestica Inc. New 0.94% +0.94
CVX Chevron Corp. Add +1.8% 1.99% +0.37
MCD McDonald's Corp. New 0.19% +0.19
XLV SS Health Care Select Sector Add +1.9% 1.31% +0.15
GLD SPDR Gold Shares Add +11.3% 0.53% +0.15
BRK.B Berkshire Hathaway Inc. Class B Add +40.6% 0.34% +0.14
VUG Vanguard Mrngstar GR ETF-Sui New 0.13% +0.13
VENU Venu Holding Corp. New 0.12% +0.12
KO The Coca-Cola Co. New 0.10% +0.10
LOPE Grand Canyon Education Inc. New 0.08% +0.08
XLK SS Technology Select Sector New 0.07% +0.07
VIG Vanguard Dividend Apprec ETF New 0.07% +0.07
K Kellanova New 0.06% +0.06
JNJ Johnson & Johnson Add +74.6% 0.12% +0.06
ENB Enbridge Inc. New 0.06% +0.06
ABBV Abbvie Inc. New 0.04% +0.04
DVY iShares Select Dividend ETF New 0.04% +0.04
XLF SS Financial Select Sector New 0.04% +0.04
XLI SS Industrial Select Sector New 0.04% +0.04
KHC The Kraft Heinz Co. Add +7333.3% 0.02% +0.02
IGF iShares Global Infrastructur New 0.01% +0.01
NBIS Nebius Group NV New 0.01% +0.01
EFG iShares MSCI Eafe Growth ETF New 0.01% +0.01
RKLB Rocket Lab USA Inc. New 0.00% +0.00
DOCS Doximity Inc. Class A New 0.00% +0.00
PLTR Palantir Technologies Inc. Class A New 0.00% +0.00
PSEC Prospect Capital Corp. Add +3.1% 0.01% +0.00
AMPE Ampio Pharmaceuticals Inc. New 0.00% 0.00
NRIM Northrim Bancorp Inc. Add +0.9% 0.05% −0.00
AMZN Amazon.com Inc. Add +6.3% 0.69% −0.03
GOOGL Alphabet Inc. Class A Add +0.5% 1.01% −0.17

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 211$118.2MAAPL, QQQX, XETYX, RVT, BGR
Q1 2026 202$105.1MAAPL, XETYX, QQQX, BGR, COST
Q4 2025 205$103.3MAAPL, QQQX, XETYX, BGR, COST
Q3 2025 178$99.4MAAPL, QQQX, XETYX, COST, BGR
Q2 2025 173$92.1MAAPL, COST, QQQX, XETYX, BGR
Q1 2025 163$83.7MAAPL, COST, AGI, PM, FIBK
Q4 2024 150$87.4MAAPL, COST, FIBK, IJT, AMLP
Q3 2024 162$92.5MAAPL, COST, GLD, GDX, FIBK
Q2 2024 165$93.2MAAPL, COST, GLD, GDX, FIBK
Q1 2024 168$91.5MAAPL, TLT, GLD, COST, FIBK