Delta Asset Management LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Delta Asset Management LLC reported 615 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 16.7% of the portfolio, followed by S&P Global (SPGI, 5.8%) and Lowe's Cos (LOW, 5.3%). Compared with Q3 2024, it opened 8 new positions, sold out of 9, added to 23 and reduced 132. The biggest buy was Dow (DOW, shares +134%) and the biggest sale Comcast Class A (CMCSA, shares −22%).

Most Recent 13F
Q2 2026
Location
MEMPHIS, TN
CIK
0000860857
Portfolio Value
$1.1B (Q4 2024)
SEC Filing
0001855205-25-000010 ↗ filed Feb 12, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.1B $1.1B Q4 2024 Q1 2025: $1.1B Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 615 stocks · $1.1B
MSFT Microsoft Corp. 16.70% 442,707 $186.6M Reduce -1.6%
SPGI S&P Global Inc. 5.76% 129,277 $64.4M Reduce -1.8%
LOW Lowe's Cos Inc. 5.31% 240,603 $59.4M Reduce -2.5%
GS Goldman Sachs Group Inc. 4.29% 83,709 $47.9M Reduce -2.0%
ETN Eaton Corp. PLC 4.28% 144,126 $47.8M Reduce -2.2%
WMT Walmart Inc. 4.21% 520,694 $47.0M Reduce -3.7%
HON Honeywell International Inc. 4.21% 208,101 $47.0M Reduce -1.3%
PG The Procter & Gamble Co. 3.58% 238,692 $40.0M Reduce -2.1%
CARR Carrier Global Corp. 3.12% 510,524 $34.8M Reduce -1.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 2.84% 284,934 $31.7M Reduce -2.1%
SYY Sysco Corp. 2.84% 414,469 $31.7M Reduce -1.9%
WFC Wells Fargo & Co. 2.73% 434,098 $30.5M Reduce -2.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 2.07% 301,607 $23.2M Reduce -2.0%
UPS United Parcel Service Class B 2.02% 178,681 $22.5M Reduce -0.9%
CMCSA Comcast Corp. Class A 2.01% 599,411 $22.5M Reduce -21.9%
CAT Caterpillar Inc. 1.94% 59,734 $21.7M Reduce -1.5%
AVY Avery Dennison Corp. 1.86% 111,278 $20.8M Reduce -1.5%
ENB Enbridge Inc. 1.79% 471,636 $20.0M Reduce -1.8%
ECL Ecolab Inc. 1.73% 82,406 $19.3M Reduce -1.7%
BDX Becton Dickinson and Co. 1.69% 83,352 $18.9M Reduce -1.6%
SWK Stanley Black & Decker Inc. 1.59% 221,506 $17.8M Reduce -4.7%
RTX RTX Corp. 1.28% 123,990 $14.3M Reduce -2.3%
EMR Emerson Electric Co. 1.28% 115,506 $14.3M Reduce -1.2%
TFC Truist Financial Corp. 1.23% 317,411 $13.8M Reduce -0.9%
ACN Accenture PLC Class A 1.20% 38,181 $13.4M Reduce -1.3%
AAPL Apple Inc. 1.17% 52,052 $13.0M Reduce -1.1%
ADBE Adobe Inc. 0.99% 24,907 $11.1M Add +3.7%
IGSB iShares 1-5Y Inv Grade Corp. 0.72% 155,445 $8.0M Add +0.8%
XOM Exxon Mobil Corp. 0.68% 70,216 $7.6M Reduce -1.1%
OTIS Otis Worldwide Corp. 0.58% 70,255 $6.5M Reduce -0.9%
ABBV Abbvie Inc. 0.57% 35,835 $6.4M Reduce -3.7%
JNJ Johnson & Johnson 0.56% 43,174 $6.2M Reduce -2.5%
BRK.B Berkshire Hathaway Inc. Class B 0.54% 13,191 $6.0M Reduce -0.3%
SPSB SS SPDR P St C Corp. ETF 0.49% 183,081 $5.5M Add +2.3%
BMY Bristol-Myers Squibb Co. 0.39% 77,306 $4.4M Reduce -2.9%
NVDA Nvidia Corp. 0.39% 32,122 $4.3M Reduce -0.1%
HD Home Depot Inc. 0.35% 10,061 $3.9M Reduce -0.2%
CBRL Cracker Barrel Old Country 0.33% 69,680 $3.7M Reduce -15.6%
JPM JPMorgan Chase & Co. 0.32% 14,976 $3.6M Reduce -1.6%
ABT Abbott Laboratories 0.32% 31,423 $3.6M Reduce -3.1%
ORI Old Republic Intl Corp. 0.30% 93,570 $3.4M Reduce -2.6%
BAX Baxter International Inc. 0.29% 111,111 $3.2M Reduce -5.4%
CXW Corecivic Inc. 0.28% 142,529 $3.1M No change
VZ Verizon Communications Inc. 0.28% 77,114 $3.1M Reduce -4.5%
AMZN Amazon.com Inc. 0.27% 13,641 $3.0M Reduce -0.6%
BND Vanguard Total Bond Market 0.27% 41,605 $3.0M Reduce -0.2%
T AT&T Inc. 0.27% 130,882 $3.0M Reduce -0.3%
PFE Pfizer Inc. 0.23% 97,994 $2.6M Add +15.8%
INTC Intel Corp. 0.22% 122,169 $2.4M Reduce -16.2%
NOV Nov Inc. 0.22% 165,722 $2.4M Add +0.2%
WM Waste Management Inc. 0.21% 11,620 $2.3M Reduce -0.4%
MCD McDonald's Corp. 0.20% 7,672 $2.2M Reduce -1.0%
FHN First Horizon Corp. 0.20% 109,376 $2.2M Reduce -1.4%
FDX FedEx Corp. 0.19% 7,460 $2.1M Reduce -24.5%
META Meta Platforms Inc. Class A 0.18% 3,449 $2.0M Reduce -0.2%
MAA Mid-America Apartment Comm 0.18% 12,991 $2.0M Reduce -0.1%
COST Costco Wholesale Corp. 0.18% 2,182 $2.0M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 3,078 $1.8M Reduce -23.2%
PEP Pepsico Inc. 0.15% 11,093 $1.7M Add +1.1%
CVX Chevron Corp. 0.15% 11,625 $1.7M Reduce -3.7%
V Visa Inc. Class A 0.15% 5,203 $1.6M No change
MRK Merck & Co. Inc. 0.13% 14,270 $1.4M Reduce -0.5%
MS Morgan Stanley 0.12% 11,102 $1.4M Reduce -6.1%
ED Consolidated Edison Inc. 0.12% 14,469 $1.3M Reduce -0.5%
AZO AutoZone Inc. 0.11% 387 $1.2M No change
GOOG Alphabet Inc. Class C 0.11% 6,385 $1.2M No change
JD Jd.com Inc.-ADR 0.11% 35,000 $1.2M No change
SO The Southern Co. 0.11% 14,729 $1.2M Reduce -1.9%
KO The Coca-Cola Co. 0.11% 19,010 $1.2M Add +0.0%
GOOGL Alphabet Inc. Class A 0.11% 6,210 $1.2M Reduce -0.0%
DOW Dow Inc. 0.10% 28,524 $1.1M Add +134.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.10% 5,135 $1.1M Reduce -7.8%
MAR Marriott International Class A 0.09% 3,628 $1.0M Reduce -13.1%
CSCO Cisco Systems Inc. 0.08% 15,556 $921K No change
GE General Electric filed as GE AEROSPACE 0.08% 5,480 $914K Reduce -7.3%
ORCL Oracle Corp. 0.08% 5,425 $904K No change
DD Dupont DE Nemours Inc. 0.07% 10,431 $795K Reduce -0.0%
PM Philip Morris International 0.07% 6,351 $764K Reduce -0.4%
VTI VG Morningstar TS MKT ETF-US 0.07% 2,527 $732K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.06% 16,472 $724K Reduce -0.6%
MDLZ Mondelez International Inc. Class A 0.06% 10,676 $638K No change
MO Altria Group Inc. 0.06% 12,155 $636K Reduce -0.5%
CL Colgate-Palmolive Co. 0.06% 6,906 $628K No change
IVV iShares Core S&P 500 ETF 0.05% 1,029 $606K No change
FUN Six Flags Entertainment Corp. 0.05% 12,110 $584K No change
PLD Prologis Inc. 0.05% 5,184 $548K No change
ADP Automatic Data Processing 0.05% 1,836 $537K Reduce -4.7%
UFPI Ufp Industries Inc. 0.05% 4,758 $536K No change
C Citigroup Inc. 0.05% 7,548 $531K No change
CTVA Corteva Inc. 0.05% 9,296 $530K Reduce -1.1%
EPD Enterprise Products Partners 0.05% 16,607 $521K No change
FAST Fastenal Co. 0.05% 7,200 $518K No change
LLY Eli Lilly & Co. 0.05% 654 $505K Reduce -10.5%
ZTS Zoetis Inc. 0.04% 3,087 $503K No change
PNC PNC Financial Services Group 0.04% 2,595 $500K No change
FAF First American Financial 0.04% 7,819 $488K Reduce -1.4%
DE Deere & Co. 0.04% 1,138 $482K Reduce -4.5%
VMI Valmont Industries 0.04% 1,522 $467K No change
GEV GE Vernova Inc. 0.04% 1,346 $443K Reduce -7.8%
AXP American Express Co. 0.04% 1,481 $440K Reduce -0.3%

Show all 615 holdings

Other holdings (3): bonds, preferreds, convertibles and warrants · $219K (not counted above)
SecurityClassShares / PrincipalValueChange
CORZZ Core Scientific Inc. - 29 *W EXP 01/23/202 10,615$149KNo change
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 8,539$70KNo change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 3$83No change
Lines left out (1) · $1 — a value with no share or principal amount
SecurityClassSharesValue
BNDX Vanguard Total Intl Bond ETF TOTAL INT BD ETF0$1

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $1.1B.

Portfolio Sells Q3 2024 → Q4 2024
CMCSA Comcast Corp. Class A Reduce -21.9% 2.01% −0.75
SWK Stanley Black & Decker Inc. Reduce -4.7% 1.59% −0.61
CARR Carrier Global Corp. Reduce -1.8% 3.12% −0.49
LOW Lowe's Cos Inc. Reduce -2.5% 5.31% −0.45
AVY Avery Dennison Corp. Reduce -1.5% 1.86% −0.29
ECL Ecolab Inc. Reduce -1.7% 1.73% −0.12
CAT Caterpillar Inc. Reduce -1.5% 1.94% −0.10
UPS United Parcel Service Class B Reduce -0.9% 2.02% −0.10
SPGI S&P Global Inc. Reduce -1.8% 5.76% −0.10
BAX Baxter International Inc. Reduce -5.4% 0.29% −0.09
INTC Intel Corp. Reduce -16.2% 0.22% −0.08
BDX Becton Dickinson and Co. Reduce -1.6% 1.69% −0.07
ABBV Abbvie Inc. Reduce -3.7% 0.57% −0.06
JNJ Johnson & Johnson Reduce -2.5% 0.56% −0.06
PG The Procter & Gamble Co. Reduce -2.1% 3.58% −0.06
OTIS Otis Worldwide Corp. Reduce -0.9% 0.58% −0.05
FDX FedEx Corp. Reduce -24.5% 0.19% −0.05
XOM Exxon Mobil Corp. Reduce -1.1% 0.68% −0.04
RTX RTX Corp. Reduce -2.3% 1.28% −0.04
VZ Verizon Communications Inc. Reduce -4.5% 0.28% −0.04
SPY SS SPDR S&P 500 ETF Trust-US Reduce -23.2% 0.16% −0.04
NU Nu Holdings Ltd./Cayman Isl-A Reduce -51.2% 0.01% −0.02
ED Consolidated Edison Inc. Reduce -0.5% 0.12% −0.01
GE General Electric Reduce -7.3% 0.08% −0.01
MRK Merck & Co. Inc. Reduce -0.5% 0.13% −0.01
LLY Eli Lilly & Co. Reduce -10.5% 0.05% −0.01
QCOM Qualcomm Inc. Reduce -23.3% 0.03% −0.01
IFF Intl Flavors & Fragrances Reduce -15.6% 0.02% −0.01
DD Dupont DE Nemours Inc. Reduce -0.0% 0.07% −0.01
PARAA Paramount Global Class B Reduce -99.9% 0.00% −0.01
SO The Southern Co. Reduce -1.9% 0.11% −0.01
AGG iShares Core U.S. Aggregate Reduce -28.1% 0.02% −0.01
LRCX Lam Research Corp. Reduce -56.5% 0.01% −0.01
KHC The Kraft Heinz Co. Reduce -11.1% 0.03% −0.01
SYY Sysco Corp. Reduce -1.9% 2.84% −0.01
XYL Xylem Inc. Reduce -14.7% 0.02% −0.01
SHEL Shell PLC-ADR Reduce -30.0% 0.01% −0.01
IBM Intl Business Machines Corp. Reduce -7.8% 0.10% −0.01
SCZ iShares MSCI Eafe Small-Cap Sold out 0.00% −0.01
AMD Advanced Micro Devices Reduce -0.3% 0.02% −0.01
LMT Lockheed Martin Corp. Reduce -1.6% 0.03% −0.00
HIG Hartford Insurance Group Inc. Reduce -28.6% 0.01% −0.00
MCD McDonald's Corp. Reduce -1.0% 0.20% −0.00
GEHC GE Healthcare Technology Reduce -7.5% 0.01% −0.00
EWJ iShares MSCI Japan ETF Reduce -46.8% 0.00% −0.00
ITT Itt Inc. Reduce -21.1% 0.01% −0.00
CVX Chevron Corp. Reduce -3.7% 0.15% −0.00
LIN Linde PLC Reduce -0.8% 0.02% −0.00
AFL Aflac Inc. Reduce -2.9% 0.03% −0.00
L Loews Corp. Reduce -44.8% 0.00% −0.00

Portfolio Buys Q3 2024 → Q4 2024
DOW Dow Inc. Add +134.1% 0.10% +0.05
SPSB SS SPDR P St C Corp. ETF Add +2.3% 0.49% +0.02
PFE Pfizer Inc. Add +15.8% 0.23% +0.02
IGSB iShares 1-5Y Inv Grade Corp. Add +0.8% 0.72% +0.02
UI Ubiquiti Inc. Add +0.1% 0.03% +0.01
TBIL F/M US Treasury 3 Month Bill New 0.01% +0.01
NAD Nuveen Quality Municipal Inc. Add +57.1% 0.01% +0.00
USB US Bancorp Add +2.8% 0.03% +0.00
QQQ Invesco QQQ Trust Series 1 Add +2.9% 0.02% +0.00
MUB iShares National Muni Bond E Add +20.6% 0.01% +0.00
AVXL Anavex Life Sciences Corp. New 0.00% +0.00
SUB iShares Short-Term National New 0.00% +0.00
VOO Vanguard S&P 500 ETF Add +1.2% 0.02% +0.00
SOUN Soundhound AI Inc. Class A Add +16.3% 0.00% +0.00
SNREY Sunrise Communicat Class A New 0.00% +0.00
MSTR Strategy Inc. New 0.00% +0.00
LCID Lucid Group Inc. New 0.00% +0.00
VCSH Vanguard S/T Corp. Bond ETF Add +3.4% 0.00% +0.00
AMPX Amprius Technologies Inc. New 0.00% +0.00
WULF Terawulf Inc. Add +33.3% 0.00% +0.00
NNOX Nano-X Imaging Ltd. New 0.00% +0.00
NXDT Nexpoint Diversified Real Es Add +0.9% 0.00% 0.00
RXRX Recursion Pharmaceuticals-A Add +10.5% 0.00% 0.00
SCHB Schwab US Broad Market ETF Add +0.5% 0.00% 0.00
VNQ Vanguard Real Estate ETF Add +1.6% 0.00% 0.00
NOC Northrop Grumman Corp. Add +2.7% 0.01% −0.00
TGT Target Corp. Add +4.8% 0.01% −0.00
PEP Pepsico Inc. Add +1.1% 0.15% −0.01
NOV Nov Inc. Add +0.2% 0.22% −0.01
KO The Coca-Cola Co. Add +0.0% 0.11% −0.01
ADBE Adobe Inc. Add +3.7% 0.99% −0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 596$1.2BMSFT, GS, ETN, CAT, WMT
Q1 2026 592$1.1BMSFT, GS, WMT, SPGI, LOW
Q4 2025 597$1.2BMSFT, GS, SPGI, LOW, WMT
Q3 2025 607$1.2BMSFT, GS, SPGI, LOW, ETN
Q2 2025 599$1.1BMSFT, SPGI, GS, LOW, ETN
Q1 2025 602$1.1BMSFT, SPGI, LOW, WMT, GS
Q4 2024 615$1.1BMSFT, SPGI, LOW, GS, ETN
Q3 2024 616$1.2BMSFT, SPGI, LOW, ETN, WMT
Q2 2024 625$1.1BMSFT, SPGI, LOW, ETN, HON
Q1 2024 653$1.1BMSFT, LOW, SPGI, ETN, HON