Griffin Asset Management, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 17, 2024), Griffin Asset Management, Inc. reported 217 stock positions worth $838.5 million. Its top holding was Universal Display (OLED) at 10.3% of the portfolio, followed by Microsoft (MSFT, 4.2%) and Apple (AAPL, 4.0%). Compared with Q4 2023, it opened 16 new positions, sold out of 4, added to 91 and reduced 86. The biggest buy was Air Products & Chemicals (APD, shares +256%) and the biggest sale Universal Display (OLED, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0000883803
- Portfolio Value
- $838.5M (Q1 2024)
- SEC Filing
- 0001941040-24-000185 ↗ filed Apr 17, 2024
Holdings Value
Holdings 217 stocks · $838.5M
| OLED Universal Display Corp. | 10.25% | 510,336 | $86.0M | Reduce -0.3% |
| MSFT Microsoft Corp. | 4.15% | 82,769 | $34.8M | Add +1.3% |
| AAPL Apple Inc. | 4.03% | 197,080 | $33.8M | Add +2.6% |
| ASML ASML Holding NV-NY Reg SHS | 2.19% | 18,922 | $18.4M | Reduce -3.5% |
| HD Home Depot Inc. | 1.93% | 42,105 | $16.2M | Add +0.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.90% | 156,673 | $15.9M | Add +0.2% |
| ABBV Abbvie Inc. | 1.81% | 83,454 | $15.2M | Reduce -6.6% |
| WFC Wells Fargo & Co. | 1.79% | 259,114 | $15.0M | Reduce -0.1% |
| MRK Merck & Co. Inc. | 1.74% | 110,524 | $14.6M | Reduce -0.3% |
| V Visa Inc. Class A | 1.67% | 50,236 | $14.0M | Add +8.6% |
| JPM JPMorgan Chase & Co. | 1.61% | 67,219 | $13.5M | Add +0.8% |
| AMZN Amazon.com Inc. | 1.56% | 72,389 | $13.1M | Add +0.9% |
| AXP American Express Co. | 1.55% | 57,135 | $13.0M | Reduce -1.6% |
| DHR Danaher Corp. | 1.52% | 50,910 | $12.7M | Add +0.3% |
| QCOM Qualcomm Inc. | 1.51% | 75,028 | $12.7M | Add +0.7% |
| JNJ Johnson & Johnson | 1.50% | 79,488 | $12.6M | Add +0.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.47% | 324,954 | $12.3M | Add +0.3% |
| CVX Chevron Corp. | 1.39% | 73,789 | $11.6M | Reduce -0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.33% | 91,381 | $11.2M | Reduce -0.3% |
| TGT Target Corp. | 1.32% | 62,354 | $11.0M | Add +0.6% |
| KO The Coca-Cola Co. | 1.24% | 169,435 | $10.4M | Reduce -0.6% |
| HON Honeywell International Inc. | 1.22% | 49,735 | $10.2M | Add +8.8% |
| WMT Walmart Inc. | 1.18% | 164,625 | $9.9M | Add +2.5% |
| SBUX Starbucks Corp. | 1.15% | 105,146 | $9.6M | Add +6.2% |
| DOV Dover Corp. | 1.11% | 52,750 | $9.3M | Add +3.1% |
| GS Goldman Sachs Group Inc. | 1.09% | 21,871 | $9.1M | Add +0.4% |
| BX Blackstone Inc. | 1.07% | 68,145 | $9.0M | Reduce -0.1% |
| NVDA Nvidia Corp. | 1.05% | 9,720 | $8.8M | Add +1.0% |
| XOM Exxon Mobil Corp. | 1.04% | 75,362 | $8.8M | Reduce -0.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.98% | 13 | $8.2M | No change |
| RTX RTX Corp. | 0.94% | 81,126 | $7.9M | Add +147.9% |
| ORCL Oracle Corp. | 0.94% | 62,580 | $7.9M | Add +0.3% |
| APD Air Products & Chemicals Inc. | 0.94% | 32,405 | $7.9M | Add +256.1% |
| UNH Unitedhealth Group Inc. | 0.91% | 15,455 | $7.6M | Add +11.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.89% | 16,884 | $7.5M | Reduce -1.0% |
| ABT Abbott Laboratories | 0.88% | 64,948 | $7.4M | Add +0.9% |
| UPS United Parcel Service Class B | 0.83% | 46,591 | $6.9M | Add +12.1% |
| ACN Accenture PLC Class A | 0.78% | 18,954 | $6.6M | Add +16.0% |
| COST Costco Wholesale Corp. | 0.76% | 8,697 | $6.4M | Add +3.7% |
| ITW Illinois Tool Works | 0.76% | 23,743 | $6.4M | Add +8.8% |
| PG The Procter & Gamble Co. | 0.74% | 38,034 | $6.2M | Reduce -1.3% |
| CAT Caterpillar Inc. | 0.74% | 16,821 | $6.2M | Reduce -1.5% |
| GOOG Alphabet Inc. Class C | 0.71% | 38,835 | $5.9M | Add +1.2% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.70% | 67,506 | $5.9M | Reduce -0.7% |
| ULTA Ulta Beauty Inc. | 0.69% | 11,071 | $5.8M | Add +3.0% |
| ZTS Zoetis Inc. | 0.65% | 32,431 | $5.5M | Add +14.1% |
| COP Conocophillips | 0.63% | 41,716 | $5.3M | Add +1.0% |
| APA Apa Corp. | 0.61% | 149,822 | $5.2M | Reduce -0.1% |
| FCX Freeport-McMoran Inc. | 0.59% | 106,029 | $5.0M | Reduce -3.5% |
| MTDR Matador Resources Co. | 0.59% | 73,534 | $4.9M | Add +7.3% |
| BMY Bristol-Myers Squibb Co. | 0.57% | 87,650 | $4.8M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 0.56% | 31,316 | $4.7M | Reduce -1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.56% | 11,239 | $4.7M | Reduce -0.2% |
| CR Crane Co. | 0.55% | 33,952 | $4.6M | No change |
| SHEL Shell PLC-ADR | 0.54% | 67,909 | $4.6M | Reduce -0.0% |
| TFC Truist Financial Corp. | 0.54% | 116,332 | $4.5M | Reduce -12.0% |
| LMT Lockheed Martin Corp. | 0.52% | 9,620 | $4.4M | Reduce -2.5% |
| RPM RPM International Inc. | 0.49% | 34,803 | $4.1M | Add +2.0% |
| BR Broadridge Financial Solutio | 0.48% | 19,464 | $4.0M | Add +1.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.47% | 71,537 | $3.9M | Add +0.6% |
| ENB Enbridge Inc. | 0.47% | 108,091 | $3.9M | Add +1.0% |
| META Meta Platforms Inc. Class A | 0.46% | 7,890 | $3.8M | Reduce -2.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.44% | 8,803 | $3.7M | Reduce -1.8% |
| GE General Electric | 0.43% | 20,571 | $3.6M | Reduce -0.8% |
| VZ Verizon Communications Inc. | 0.42% | 84,171 | $3.5M | Add +11.1% |
| SNA Snap-on Inc. | 0.41% | 11,715 | $3.5M | No change |
| PEP Pepsico Inc. | 0.41% | 19,670 | $3.4M | Add +3.3% |
| SHW The Sherwin-Williams Co. | 0.38% | 9,258 | $3.2M | No change |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.37% | 35,479 | $3.1M | No change |
| GGG Graco Inc. | 0.37% | 32,875 | $3.1M | Reduce -0.1% |
| VRSK Verisk Analytics Inc. | 0.36% | 12,926 | $3.0M | Add +14.0% |
| FDX FedEx Corp. | 0.36% | 10,275 | $3.0M | Add +0.3% |
| SYY Sysco Corp. | 0.35% | 35,918 | $2.9M | Add +5.0% |
| TSLA Tesla Inc. | 0.33% | 15,757 | $2.8M | Add +4.2% |
| MELI MercadoLibre Inc. | 0.33% | 1,803 | $2.7M | Add +7.8% |
| PLSE Pulse Biosciences Inc. | 0.31% | 300,320 | $2.6M | Add +15.7% |
| UNP Union Pacific Corp. | 0.31% | 10,620 | $2.6M | Add +2.9% |
| CB Chubb Ltd. | 0.31% | 9,988 | $2.6M | Add +1.6% |
| STZ Constellation Brands Inc. Class A | 0.30% | 9,216 | $2.5M | Reduce -2.8% |
| MCD McDonald's Corp. | 0.30% | 8,785 | $2.5M | Reduce -1.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 12,869 | $2.5M | Add +14.8% |
| PM Philip Morris International | 0.29% | 26,347 | $2.4M | Reduce -11.3% |
| CI The Cigna Group | 0.28% | 6,486 | $2.4M | Add +2.5% |
| AVGO Broadcom Inc. | 0.28% | 1,770 | $2.3M | Reduce -5.0% |
| PAYX Paychex Inc. | 0.27% | 18,288 | $2.2M | Add +0.3% |
| MS Morgan Stanley | 0.26% | 23,514 | $2.2M | Add +1.3% |
| T AT&T Inc. | 0.25% | 118,531 | $2.1M | Add +5.5% |
| DFS Discover Financial Services | 0.25% | 15,736 | $2.1M | Reduce -2.9% |
| ALB Albemarle Corp. | 0.24% | 15,407 | $2.0M | Reduce -6.5% |
| NKE Nike Inc. Class B | 0.24% | 21,054 | $2.0M | Reduce -40.0% |
| NNOX Nano-X Imaging Ltd. | 0.24% | 202,411 | $2.0M | Reduce -11.1% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.23% | 15,851 | $1.9M | Reduce -7.3% |
| MLM Martin Marietta Materials | 0.23% | 3,126 | $1.9M | Reduce -6.6% |
| PFE Pfizer Inc. | 0.23% | 67,989 | $1.9M | Add +13.2% |
| GD General Dynamics Corp. | 0.22% | 6,385 | $1.8M | Add +0.7% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.21% | 5,465 | $1.8M | Add +3.3% |
| KMI Kinder Morgan Inc. | 0.21% | 95,281 | $1.7M | Reduce -2.9% |
| EIX Edison International | 0.21% | 24,620 | $1.7M | Reduce -3.7% |
| WM Waste Management Inc. | 0.21% | 8,121 | $1.7M | Reduce -2.8% |
| C Citigroup Inc. | 0.20% | 26,163 | $1.7M | Add +63.6% |
Portfolio Sells Q4 2023 → Q1 2024
| OLED Universal Display Corp. | Reduce -0.3% | 10.25% | −2.16 |
| BA The Boeing Co. | Reduce -76.9% | 0.19% | −1.02 |
| DD Dupont DE Nemours Inc. | Reduce -91.0% | 0.03% | −0.36 |
| NKE Nike Inc. Class B | Reduce -40.0% | 0.24% | −0.25 |
| CXT Crane NXT Co. | Reduce -75.5% | 0.05% | −0.15 |
| VLTO Veralto Corp. | Sold out | 0.00% | −0.14 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.12 |
| CLF Cleveland-Cliffs Inc. | Reduce -54.8% | 0.09% | −0.10 |
| AMT American Tower Corp. | Reduce -45.4% | 0.08% | −0.09 |
| TFC Truist Financial Corp. | Reduce -12.0% | 0.54% | −0.08 |
| APA Apa Corp. | Reduce -0.1% | 0.61% | −0.07 |
| PM Philip Morris International | Reduce -11.3% | 0.29% | −0.07 |
| BX Blackstone Inc. | Reduce -0.1% | 1.07% | −0.06 |
| ALB Albemarle Corp. | Reduce -6.5% | 0.24% | −0.06 |
| LMT Lockheed Martin Corp. | Reduce -2.5% | 0.52% | −0.05 |
| MCD McDonald's Corp. | Reduce -1.9% | 0.30% | −0.04 |
| KO The Coca-Cola Co. | Reduce -0.6% | 1.24% | −0.04 |
| FLR Fluor Corp. | Sold out | 0.00% | −0.04 |
| USB US Bancorp | Reduce -14.4% | 0.16% | −0.03 |
| BMRN Biomarin Pharmaceutical Inc. | Reduce -0.2% | 0.18% | −0.03 |
| MET Metlife Inc. | Sold out | 0.00% | −0.03 |
| GILD Gilead Sciences Inc. | Reduce -2.5% | 0.14% | −0.03 |
| SPG Simon Property Group Inc. | Reduce -34.4% | 0.06% | −0.03 |
| EIX Edison International | Reduce -3.7% | 0.21% | −0.02 |
| SHEL Shell PLC-ADR | Reduce -0.0% | 0.54% | −0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.8% | 0.44% | −0.02 |
| GLBE Global-E Online Ltd. | Reduce -31.8% | 0.03% | −0.02 |
| PYPL PayPal Holdings Inc. | Reduce -37.8% | 0.04% | −0.02 |
| KVUE Kenvue Inc. | Reduce -4.3% | 0.19% | −0.02 |
| AXON Axon Enterprise Inc. | Reduce -51.0% | 0.03% | −0.02 |
| CWEN Clearway Energy Inc. Class C | Reduce -0.3% | 0.07% | −0.02 |
| PLD Prologis Inc. | Reduce -0.3% | 0.19% | −0.02 |
| INTC Intel Corp. | Reduce -3.4% | 0.06% | −0.02 |
| SHOP Shopify Inc. Class A | Reduce -6.6% | 0.10% | −0.02 |
| SO The Southern Co. | Reduce -4.3% | 0.13% | −0.01 |
| KMI Kinder Morgan Inc. | Reduce -2.9% | 0.21% | −0.01 |
| CVX Chevron Corp. | Reduce -0.3% | 1.39% | −0.01 |
| IRM Iron Mountain Inc. | Reduce -25.1% | 0.04% | −0.01 |
| EQIX Equinix Inc. | Reduce -1.3% | 0.19% | −0.01 |
| IEP Icahn Enterprises LP | Reduce -4.2% | 0.07% | −0.01 |
| DEO Diageo PLC-Sponsored ADR | Reduce -1.0% | 0.14% | −0.01 |
| MPLX MPLX LP | Reduce -15.5% | 0.06% | −0.01 |
| BTI British American Tob-SP ADR | Reduce -13.1% | 0.04% | −0.01 |
| ROP Roper Technologies Inc. | Reduce -0.7% | 0.16% | −0.01 |
| HSY The Hershey Co. | Reduce -1.9% | 0.16% | −0.01 |
| CCI Crown Castle Inc. | Reduce -2.8% | 0.03% | −0.01 |
| UL Unilever PLC | Reduce -1.7% | 0.13% | −0.01 |
| MDT Medtronic PLC | Reduce -2.4% | 0.19% | −0.01 |
| YUM Yum! Brands Inc. | Reduce -2.5% | 0.16% | −0.00 |
| ROL Rollins Inc. | Reduce -2.3% | 0.15% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| APD Air Products & Chemicals Inc. | Add +256.1% | 0.94% | +0.62 |
| RTX RTX Corp. | Add +147.9% | 0.94% | +0.59 |
| NVDA Nvidia Corp. | Add +1.0% | 1.05% | +0.44 |
| MSFT Microsoft Corp. | Add +1.3% | 4.15% | +0.26 |
| TGT Target Corp. | Add +0.6% | 1.32% | +0.20 |
| AMZN Amazon.com Inc. | Add +0.9% | 1.56% | +0.18 |
| JPM JPMorgan Chase & Co. | Add +0.8% | 1.61% | +0.17 |
| QCOM Qualcomm Inc. | Add +0.7% | 1.51% | +0.15 |
| V Visa Inc. Class A | Add +8.6% | 1.67% | +0.14 |
| DOV Dover Corp. | Add +3.1% | 1.11% | +0.12 |
| WMT Walmart Inc. | Add +2.5% | 1.18% | +0.11 |
| ORCL Oracle Corp. | Add +0.3% | 0.94% | +0.10 |
| ETN Eaton Corp. PLC | New | 0.10% | +0.10 |
| C Citigroup Inc. | Add +63.6% | 0.20% | +0.09 |
| MTDR Matador Resources Co. | Add +7.3% | 0.59% | +0.09 |
| TT Trane Technologies PLC | New | 0.09% | +0.09 |
| BAC Bank of America Corp. | Add +0.3% | 1.47% | +0.09 |
| EMR Emerson Electric Co. | Add +70.5% | 0.17% | +0.08 |
| SMCI Super Micro Computer Inc. | New | 0.08% | +0.08 |
| HD Home Depot Inc. | Add +0.1% | 1.93% | +0.08 |
| IBM Intl Business Machines Corp. | Add +14.8% | 0.29% | +0.06 |
| PLTR Palantir Technologies Inc. Class A | New | 0.06% | +0.06 |
| VZ Verizon Communications Inc. | Add +11.1% | 0.42% | +0.06 |
| COST Costco Wholesale Corp. | Add +3.7% | 0.76% | +0.06 |
| KMB Kimberly-Clark Corp. | New | 0.06% | +0.06 |
| ACN Accenture PLC Class A | Add +16.0% | 0.78% | +0.06 |
| XYZ Block Inc. | New | 0.05% | +0.05 |
| CELH Celsius Holdings Inc. | New | 0.05% | +0.05 |
| ELF Elf Beauty Inc. | New | 0.04% | +0.04 |
| CI The Cigna Group | Add +2.5% | 0.28% | +0.04 |
| TENB Tenable Holdings Inc. | New | 0.04% | +0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +3.3% | 0.21% | +0.04 |
| ITW Illinois Tool Works | Add +8.8% | 0.76% | +0.04 |
| TJX TJX Companies Inc. | Add +0.2% | 1.90% | +0.03 |
| IR Ingersoll-Rand Inc. | New | 0.03% | +0.03 |
| PENG Penguin Solutions Inc. | New | 0.03% | +0.03 |
| KNSL Kinsale Capital Group Inc. | New | 0.03% | +0.03 |
| SYY Sysco Corp. | Add +5.0% | 0.35% | +0.03 |
| DUK Duke Energy Corp. | New | 0.03% | +0.03 |
| ARM Arm Holdings PLC-ADR | New | 0.03% | +0.03 |
| CB Chubb Ltd. | Add +1.6% | 0.31% | +0.03 |
| DHR Danaher Corp. | Add +0.3% | 1.52% | +0.03 |
| FDX FedEx Corp. | Add +0.3% | 0.36% | +0.03 |
| ALV Autoliv Inc. | New | 0.03% | +0.03 |
| COP Conocophillips | Add +1.0% | 0.63% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +0.4% | 1.09% | +0.02 |
| ULTA Ulta Beauty Inc. | Add +3.0% | 0.69% | +0.02 |
| GIS General Mills Inc. | Add +35.9% | 0.08% | +0.02 |
| AMLP Alerian MLP ETF | Add +8.1% | 0.17% | +0.02 |
| VRSK Verisk Analytics Inc. | Add +14.0% | 0.36% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 245 | $948.9M | AAPL, ASML, MSFT, GOOGL, JPM |
| Q1 2026 | 228 | $886.6M | AAPL, MSFT, ASML, TJX, JPM |
| Q4 2025 | 234 | $924.3M | AAPL, MSFT, OLED, ASML, TJX |
| Q3 2025 | 224 | $890.0M | AAPL, MSFT, OLED, TJX, JPM |
| Q2 2025 | 207 | $846.8M | OLED, MSFT, AAPL, JPM, TJX |
| Q1 2025 | 199 | $816.9M | OLED, AAPL, MSFT, V, TJX |
| Q4 2024 | 212 | $851.1M | OLED, AAPL, MSFT, TJX, WFC |
| Q3 2024 | 211 | $894.0M | OLED, AAPL, MSFT, TJX, HD |
| Q2 2024 | 213 | $863.3M | OLED, AAPL, MSFT, ASML, TJX |
| Q1 2024 | 217 | $838.5M | OLED, MSFT, AAPL, ASML, HD |