Delta Asset Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Delta Asset Management LLC reported 602 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 15.5% of the portfolio, followed by S&P Global (SPGI, 6.1%) and Lowe's Cos (LOW, 5.2%). Compared with Q4 2024, it opened 11 new positions, sold out of 24, added to 47 and reduced 133. The biggest buy was Exxon Mobil (XOM, shares +2%) and the biggest sale Microsoft (MSFT, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- MEMPHIS, TN
- CIK
- 0000860857
- Portfolio Value
- $1.1B (Q1 2025)
- SEC Filing
- 0001855205-25-000021 ↗ filed May 9, 2025
Holdings Value
Holdings 602 stocks · $1.1B
| MSFT Microsoft Corp. | 15.46% | 433,787 | $162.8M | Reduce -2.0% |
| SPGI S&P Global Inc. | 6.09% | 126,274 | $64.2M | Reduce -2.3% |
| LOW Lowe's Cos Inc. | 5.22% | 235,872 | $55.0M | Reduce -2.0% |
| WMT Walmart Inc. | 4.23% | 507,274 | $44.5M | Reduce -2.6% |
| GS Goldman Sachs Group Inc. | 4.23% | 81,489 | $44.5M | Reduce -2.6% |
| HON Honeywell International Inc. | 4.16% | 206,743 | $43.8M | Reduce -0.7% |
| PG The Procter & Gamble Co. | 3.80% | 234,913 | $40.0M | Reduce -1.6% |
| ETN Eaton Corp. PLC | 3.65% | 141,645 | $38.5M | Reduce -1.7% |
| CARR Carrier Global Corp. | 3.00% | 498,397 | $31.6M | Reduce -2.4% |
| WFC Wells Fargo & Co. | 2.90% | 425,276 | $30.5M | Reduce -2.0% |
| SYY Sysco Corp. | 2.89% | 405,587 | $30.4M | Reduce -2.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.60% | 277,002 | $27.3M | Reduce -2.8% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 2.36% | 296,887 | $24.9M | Reduce -1.6% |
| CMCSA Comcast Corp. Class A | 2.04% | 582,182 | $21.5M | Reduce -2.9% |
| ENB Enbridge Inc. | 1.95% | 464,804 | $20.6M | Reduce -1.4% |
| ECL Ecolab Inc. | 1.93% | 80,015 | $20.3M | Reduce -2.9% |
| UPS United Parcel Service Class B | 1.85% | 177,057 | $19.5M | Reduce -0.9% |
| AVY Avery Dennison Corp. | 1.84% | 108,742 | $19.4M | Reduce -2.3% |
| CAT Caterpillar Inc. | 1.82% | 58,178 | $19.2M | Reduce -2.6% |
| BDX Becton Dickinson and Co. | 1.78% | 82,042 | $18.8M | Reduce -1.6% |
| SWK Stanley Black & Decker Inc. | 1.56% | 214,175 | $16.5M | Reduce -3.3% |
| RTX RTX Corp. | 1.52% | 120,660 | $16.0M | Reduce -2.7% |
| TFC Truist Financial Corp. | 1.24% | 316,499 | $13.0M | Reduce -0.3% |
| EMR Emerson Electric Co. | 1.17% | 112,599 | $12.3M | Reduce -2.5% |
| ACN Accenture PLC Class A | 1.12% | 37,694 | $11.8M | Reduce -1.3% |
| AAPL Apple Inc. | 1.06% | 50,062 | $11.1M | Reduce -3.8% |
| ADBE Adobe Inc. | 0.91% | 24,984 | $9.6M | Add +0.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.81% | 163,730 | $8.6M | Add +5.3% |
| XOM Exxon Mobil Corp. | 0.81% | 71,335 | $8.5M | Add +1.6% |
| JNJ Johnson & Johnson | 0.67% | 42,669 | $7.1M | Reduce -1.2% |
| OTIS Otis Worldwide Corp. | 0.67% | 68,245 | $7.0M | Reduce -2.9% |
| ABBV Abbvie Inc. | 0.66% | 33,024 | $6.9M | Reduce -7.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.56% | 11,026 | $5.9M | Reduce -16.4% |
| SPSB SS SPDR P St C Corp. ETF | 0.54% | 188,640 | $5.7M | Add +3.0% |
| BMY Bristol-Myers Squibb Co. | 0.44% | 75,524 | $4.6M | Reduce -2.3% |
| ABT Abbott Laboratories | 0.38% | 30,300 | $4.0M | Reduce -3.6% |
| HD Home Depot Inc. | 0.35% | 10,078 | $3.7M | Add +0.2% |
| T AT&T Inc. | 0.35% | 130,387 | $3.7M | Reduce -0.4% |
| BAX Baxter International Inc. | 0.34% | 105,861 | $3.6M | Reduce -4.7% |
| VZ Verizon Communications Inc. | 0.34% | 79,649 | $3.6M | Add +3.3% |
| JPM JPMorgan Chase & Co. | 0.34% | 14,704 | $3.6M | Reduce -1.8% |
| BND Vanguard Total Bond Market | 0.34% | 48,707 | $3.6M | Add +17.1% |
| ORI Old Republic Intl Corp. | 0.33% | 89,825 | $3.5M | Reduce -4.0% |
| NVDA Nvidia Corp. | 0.31% | 30,124 | $3.3M | Reduce -6.2% |
| CBRL Cracker Barrel Old Country | 0.28% | 75,043 | $2.9M | Add +7.7% |
| CXW Corecivic Inc. | 0.27% | 142,529 | $2.9M | No change |
| INTC Intel Corp. | 0.26% | 119,037 | $2.7M | Reduce -2.6% |
| PFE Pfizer Inc. | 0.25% | 103,832 | $2.6M | Add +6.0% |
| WM Waste Management Inc. | 0.24% | 11,076 | $2.6M | Reduce -4.7% |
| NOV Nov Inc. | 0.24% | 166,379 | $2.5M | Add +0.4% |
| AMZN Amazon.com Inc. | 0.24% | 13,301 | $2.5M | Reduce -2.5% |
| MCD McDonald's Corp. | 0.22% | 7,276 | $2.3M | Reduce -5.2% |
| MAA Mid-America Apartment Comm | 0.20% | 12,626 | $2.1M | Reduce -2.8% |
| FHN First Horizon Corp. | 0.20% | 107,262 | $2.1M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 0.20% | 2,177 | $2.1M | Reduce -0.2% |
| CVX Chevron Corp. | 0.18% | 11,301 | $1.9M | Reduce -2.8% |
| META Meta Platforms Inc. Class A | 0.17% | 3,197 | $1.8M | Reduce -7.3% |
| V Visa Inc. Class A | 0.17% | 5,197 | $1.8M | Reduce -0.1% |
| FDX FedEx Corp. | 0.17% | 7,452 | $1.8M | Reduce -0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.16% | 3,059 | $1.7M | Reduce -0.6% |
| PEP Pepsico Inc. | 0.16% | 10,930 | $1.6M | Reduce -1.5% |
| ED Consolidated Edison Inc. | 0.15% | 14,481 | $1.6M | Add +0.1% |
| AZO AutoZone Inc. | 0.14% | 385 | $1.5M | Reduce -0.5% |
| JD Jd.com Inc.-ADR | 0.14% | 35,000 | $1.4M | No change |
| KO The Coca-Cola Co. | 0.13% | 18,864 | $1.4M | Reduce -0.8% |
| SO The Southern Co. | 0.13% | 14,549 | $1.3M | Reduce -1.2% |
| MS Morgan Stanley | 0.12% | 11,102 | $1.3M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.12% | 5,133 | $1.3M | Reduce -0.0% |
| MRK Merck & Co. Inc. | 0.11% | 13,053 | $1.2M | Reduce -8.5% |
| DOW Dow Inc. | 0.11% | 32,576 | $1.1M | Add +14.2% |
| GE General Electric filed as GE AEROSPACE | 0.10% | 5,422 | $1.1M | Reduce -1.1% |
| PM Philip Morris International | 0.10% | 6,407 | $1.0M | Add +0.9% |
| GOOG Alphabet Inc. Class C | 0.09% | 6,270 | $980K | Reduce -1.8% |
| GOOGL Alphabet Inc. Class A | 0.09% | 6,111 | $945K | Reduce -1.6% |
| CSCO Cisco Systems Inc. | 0.09% | 15,140 | $934K | Reduce -2.7% |
| MAR Marriott International Class A | 0.08% | 3,478 | $828K | Reduce -4.1% |
| DD Dupont DE Nemours Inc. | 0.07% | 10,318 | $771K | Reduce -1.1% |
| ORCL Oracle Corp. | 0.07% | 5,325 | $744K | Reduce -1.8% |
| MO Altria Group Inc. | 0.07% | 12,180 | $731K | Add +0.2% |
| MDLZ Mondelez International Inc. Class A | 0.07% | 10,676 | $724K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 2,527 | $695K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 16,394 | $684K | Reduce -0.5% |
| CL Colgate-Palmolive Co. | 0.06% | 6,897 | $646K | Reduce -0.1% |
| CTVA Corteva Inc. | 0.06% | 9,226 | $581K | Reduce -0.8% |
| IVV iShares Core S&P 500 ETF | 0.05% | 1,029 | $578K | No change |
| PLD Prologis Inc. | 0.05% | 5,124 | $573K | Reduce -1.2% |
| EPD Enterprise Products Partners | 0.05% | 16,432 | $561K | Reduce -1.1% |
| ADP Automatic Data Processing | 0.05% | 1,836 | $561K | No change |
| FAST Fastenal Co. | 0.05% | 7,200 | $558K | No change |
| LLY Eli Lilly & Co. | 0.05% | 654 | $540K | No change |
| C Citigroup Inc. | 0.05% | 7,548 | $536K | No change |
| DE Deere & Co. | 0.05% | 1,138 | $534K | No change |
| SPOT Spotify Technology SA | 0.05% | 947 | $521K | Reduce -0.5% |
| UFPI Ufp Industries Inc. | 0.05% | 4,758 | $509K | No change |
| ZTS Zoetis Inc. | 0.05% | 3,087 | $508K | No change |
| PNC PNC Financial Services Group | 0.04% | 2,607 | $458K | Add +0.5% |
| WY Weyerhaeuser Co. | 0.04% | 15,258 | $447K | Reduce -2.3% |
| VMI Valmont Industries | 0.04% | 1,522 | $434K | No change |
| IHI iShares U.S. Medical Devices | 0.04% | 7,200 | $433K | No change |
| FUN Six Flags Entertainment Corp. | 0.04% | 12,110 | $432K | No change |
Other holdings (3): bonds, preferreds, convertibles and warrants · $77K (not counted above)
Lines left out (1) · $1 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| BNDX Vanguard Total Intl Bond ETF | TOTAL INT BD ETF | 0 | $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 Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | Reduce -2.0% | 15.46% | −1.24 |
| ETN Eaton Corp. PLC | Reduce -1.7% | 3.65% | −0.62 |
| DIS The Walt Disney Co. | Reduce -2.8% | 2.60% | −0.24 |
| UPS United Parcel Service Class B | Reduce -0.9% | 1.85% | −0.17 |
| CARR Carrier Global Corp. | Reduce -2.4% | 3.00% | −0.12 |
| CAT Caterpillar Inc. | Reduce -2.6% | 1.82% | −0.12 |
| AAPL Apple Inc. | Reduce -3.8% | 1.06% | −0.11 |
| EMR Emerson Electric Co. | Reduce -2.5% | 1.17% | −0.11 |
| LOW Lowe's Cos Inc. | Reduce -2.0% | 5.22% | −0.09 |
| ACN Accenture PLC Class A | Reduce -1.3% | 1.12% | −0.09 |
| NVDA Nvidia Corp. | Reduce -6.2% | 0.31% | −0.08 |
| GS Goldman Sachs Group Inc. | Reduce -2.6% | 4.23% | −0.06 |
| HON Honeywell International Inc. | Reduce -0.7% | 4.16% | −0.05 |
| SWK Stanley Black & Decker Inc. | Reduce -3.3% | 1.56% | −0.03 |
| AMZN Amazon.com Inc. | Reduce -2.5% | 0.24% | −0.03 |
| AVY Avery Dennison Corp. | Reduce -2.3% | 1.84% | −0.03 |
| AWK American Water Works Co. Inc. | Reduce -95.5% | 0.00% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -1.8% | 0.09% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -8.5% | 0.11% | −0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -1.6% | 0.09% | −0.02 |
| FDX FedEx Corp. | Reduce -0.1% | 0.17% | −0.02 |
| IDXX Idexx Laboratories Inc. | Sold out | 0.00% | −0.01 |
| MAR Marriott International Class A | Reduce -4.1% | 0.08% | −0.01 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.01 |
| ORCL Oracle Corp. | Reduce -1.8% | 0.07% | −0.01 |
| NOW ServiceNow Inc. | Reduce -83.3% | 0.00% | −0.01 |
| FAF First American Financial | Reduce -28.4% | 0.03% | −0.01 |
| TBIL F/M US Treasury 3 Month Bill | Sold out | 0.00% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -62.9% | 0.00% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -7.3% | 0.17% | −0.01 |
| CORZ Core Scientific Inc. | Reduce -44.5% | 0.00% | −0.01 |
| MUB iShares National Muni Bond E | Reduce -42.7% | 0.01% | −0.00 |
| HXL Hexcel Corp. | Sold out | 0.00% | −0.00 |
| CRM Salesforce Inc. | Reduce -25.7% | 0.01% | −0.00 |
| SJM The JM Smucker Co. | Reduce -28.1% | 0.01% | −0.00 |
| MET Metlife Inc. | Reduce -36.8% | 0.01% | −0.00 |
| USB US Bancorp | Reduce -2.3% | 0.03% | −0.00 |
| BRO Brown & Brown Inc. | Sold out | 0.00% | −0.00 |
| KKR KKR & Co. Inc. | Reduce -0.5% | 0.01% | −0.00 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.00 |
| TGT Target Corp. | Reduce -4.6% | 0.01% | −0.00 |
| PLTR Palantir Technologies Inc. Class A | Reduce -24.5% | 0.02% | −0.00 |
| RF Regions Financial Corp. | Reduce -1.6% | 0.04% | −0.00 |
| BA The Boeing Co. | Reduce -29.4% | 0.00% | −0.00 |
| XPO Xpo Inc. | Sold out | 0.00% | −0.00 |
| SOUN Soundhound AI Inc. Class A | Reduce -24.7% | 0.00% | −0.00 |
| DRLL Strive US Energy ETF | Sold out | 0.00% | −0.00 |
| EWW iShares MSCI Mexico ETF | Sold out | 0.00% | −0.00 |
| CTAS Cintas Corp. | Reduce -34.7% | 0.00% | −0.00 |
| SBUX Starbucks Corp. | Reduce -38.7% | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| XOM Exxon Mobil Corp. | Add +1.6% | 0.81% | +0.13 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +5.3% | 0.81% | +0.09 |
| BND Vanguard Total Bond Market | Add +17.1% | 0.34% | +0.07 |
| VZ Verizon Communications Inc. | Add +3.3% | 0.34% | +0.07 |
| SPSB SS SPDR P St C Corp. ETF | Add +3.0% | 0.54% | +0.05 |
| ED Consolidated Edison Inc. | Add +0.1% | 0.15% | +0.04 |
| PM Philip Morris International | Add +0.9% | 0.10% | +0.03 |
| NOV Nov Inc. | Add +0.4% | 0.24% | +0.02 |
| PFE Pfizer Inc. | Add +6.0% | 0.25% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +70.0% | 0.04% | +0.02 |
| MO Altria Group Inc. | Add +0.2% | 0.07% | +0.01 |
| AVXL Anavex Life Sciences Corp. | Add +450.0% | 0.01% | +0.01 |
| DOW Dow Inc. | Add +14.2% | 0.11% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +18.4% | 0.03% | +0.00 |
| KHC The Kraft Heinz Co. | Add +6.4% | 0.03% | +0.00 |
| KMB Kimberly-Clark Corp. | Add +4.5% | 0.02% | +0.00 |
| CB Chubb Ltd. | Add +5.4% | 0.02% | +0.00 |
| XLV SS Health Care Select Sector | Add +31.9% | 0.01% | +0.00 |
| XLK SS Technology Select Sector | Add +174.3% | 0.01% | +0.00 |
| MPC Marathon Petroleum Corp. | Add +5.3% | 0.02% | +0.00 |
| XLC SS Comm Select Sector SPDR | New | 0.00% | +0.00 |
| GSK GSK PLC-Spon ADR | Add +33.3% | 0.01% | +0.00 |
| XLE SS Energy Select Sector | Add +2.0% | 0.01% | +0.00 |
| UL Unilever PLC | Add +0.9% | 0.02% | +0.00 |
| TSM Taiwan Semiconductor-SP ADR | Add +1000.0% | 0.00% | +0.00 |
| WMB Williams Cos Inc. | Add +9.9% | 0.01% | +0.00 |
| IGM iShares Expanded Tech Sector | New | 0.00% | +0.00 |
| NOC Northrop Grumman Corp. | Add +1.1% | 0.01% | +0.00 |
| CAH Cardinal Health Inc. | Add +9.2% | 0.00% | +0.00 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | New | 0.00% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +46.1% | 0.00% | +0.00 |
| IJR iShares Core S&P Small-Cap E | Add +212.7% | 0.00% | +0.00 |
| XLY SS Consumer Disc Select Sect | New | 0.00% | +0.00 |
| GILD Gilead Sciences Inc. | New | 0.00% | +0.00 |
| DVN Devon Energy Corp. | Add +13.1% | 0.00% | +0.00 |
| APD Air Products & Chemicals Inc. | Add +171.4% | 0.00% | +0.00 |
| VEA Vanguard Ftse Developed ETF | Add +92.1% | 0.00% | +0.00 |
| HSY The Hershey Co. | Add +4.8% | 0.01% | +0.00 |
| AVGO Broadcom Inc. | Add +45.5% | 0.01% | +0.00 |
| PPL PPL Corp. | Add +41.5% | 0.00% | +0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +131.1% | 0.00% | +0.00 |
| HD Home Depot Inc. | Add +0.2% | 0.35% | +0.00 |
| DVY iShares Select Dividend ETF | Add +30.7% | 0.00% | +0.00 |
| TTE Totalenergies SE -Spon ADR | New | 0.00% | +0.00 |
| DGRO iShares Core Dividend Growth | New | 0.00% | +0.00 |
| OHI Omega Healthcare Investors | Add +67.7% | 0.00% | +0.00 |
| CM Can Imperial BK of Commerce | New | 0.00% | +0.00 |
| KEY Keycorp | New | 0.00% | +0.00 |
| AMCR Amcor PLC | New | 0.00% | +0.00 |
| NNN NNN REIT Inc. | New | 0.00% | +0.00 |
Notes & Other Activity Q4 2024 → Q1 2025
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | Reduce -33.0% | 7,115 | $51K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 596 | $1.2B | MSFT, GS, ETN, CAT, WMT |
| Q1 2026 | 592 | $1.1B | MSFT, GS, WMT, SPGI, LOW |
| Q4 2025 | 597 | $1.2B | MSFT, GS, SPGI, LOW, WMT |
| Q3 2025 | 607 | $1.2B | MSFT, GS, SPGI, LOW, ETN |
| Q2 2025 | 599 | $1.1B | MSFT, SPGI, GS, LOW, ETN |
| Q1 2025 | 602 | $1.1B | MSFT, SPGI, LOW, WMT, GS |
| Q4 2024 | 615 | $1.1B | MSFT, SPGI, LOW, GS, ETN |
| Q3 2024 | 616 | $1.2B | MSFT, SPGI, LOW, ETN, WMT |
| Q2 2024 | 625 | $1.1B | MSFT, SPGI, LOW, ETN, HON |
| Q1 2024 | 653 | $1.1B | MSFT, LOW, SPGI, ETN, HON |