Griffin Asset Management, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 15, 2024), Griffin Asset Management, Inc. reported 211 stock positions worth $894.0 million. Its top holding was Universal Display (OLED) at 10.3% of the portfolio, followed by Apple (AAPL, 4.8%) and Microsoft (MSFT, 4.0%). Compared with Q2 2024, it opened 9 new positions, sold out of 11, added to 70 and reduced 92. The biggest buy was GE Vernova (GEV, shares +96%) and the biggest sale Universal Display (OLED, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0000883803
- Portfolio Value
- $894.0M (Q3 2024)
- SEC Filing
- 0001941040-24-000437 ↗ filed Oct 15, 2024
Holdings Value
Holdings 211 stocks · $894.0M
| OLED Universal Display Corp. | 10.33% | 439,950 | $92.3M | Reduce -5.3% |
| AAPL Apple Inc. | 4.85% | 185,967 | $43.3M | Reduce -5.3% |
| MSFT Microsoft Corp. | 4.01% | 83,259 | $35.8M | Reduce -0.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.98% | 150,898 | $17.7M | Reduce -2.3% |
| HD Home Depot Inc. | 1.94% | 42,755 | $17.3M | Reduce -0.5% |
| ABBV Abbvie Inc. | 1.78% | 80,582 | $15.9M | Reduce -3.5% |
| ASML ASML Holding NV-NY Reg SHS | 1.75% | 18,750 | $15.6M | Reduce -0.9% |
| V Visa Inc. Class A | 1.67% | 54,415 | $15.0M | Add +6.9% |
| JPM JPMorgan Chase & Co. | 1.59% | 67,505 | $14.2M | Add +0.1% |
| JNJ Johnson & Johnson | 1.58% | 87,382 | $14.2M | Reduce -1.1% |
| DHR Danaher Corp. | 1.58% | 50,677 | $14.1M | Reduce -0.5% |
| WFC Wells Fargo & Co. | 1.57% | 248,652 | $14.0M | Reduce -0.5% |
| AXP American Express Co. | 1.56% | 51,285 | $13.9M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 1.54% | 74,099 | $13.8M | Reduce -1.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.45% | 325,618 | $12.9M | Reduce -1.1% |
| WMT Walmart Inc. | 1.44% | 159,920 | $12.9M | Reduce -0.9% |
| MRK Merck & Co. Inc. | 1.41% | 110,811 | $12.6M | Add +1.1% |
| APD Air Products & Chemicals Inc. | 1.36% | 40,972 | $12.2M | Reduce -0.0% |
| QCOM Qualcomm Inc. | 1.34% | 70,289 | $12.0M | Reduce -0.1% |
| NVDA Nvidia Corp. | 1.31% | 96,648 | $11.7M | Reduce -5.0% |
| SBUX Starbucks Corp. | 1.30% | 119,121 | $11.6M | Reduce -0.7% |
| KO The Coca-Cola Co. | 1.29% | 160,177 | $11.5M | Reduce -5.4% |
| CVX Chevron Corp. | 1.20% | 72,959 | $10.7M | Reduce -1.3% |
| GS Goldman Sachs Group Inc. | 1.16% | 20,966 | $10.4M | Reduce -4.2% |
| HON Honeywell International Inc. | 1.15% | 49,628 | $10.3M | Reduce -0.3% |
| BX Blackstone Inc. | 1.15% | 66,864 | $10.2M | Reduce -0.8% |
| TGT Target Corp. | 1.09% | 62,497 | $9.7M | Reduce -0.3% |
| RTX RTX Corp. | 1.09% | 80,384 | $9.7M | Reduce -1.6% |
| XOM Exxon Mobil Corp. | 1.07% | 81,389 | $9.5M | Reduce -6.6% |
| ORCL Oracle Corp. | 1.06% | 55,382 | $9.4M | Reduce -0.6% |
| DOV Dover Corp. | 1.05% | 49,130 | $9.4M | Add +0.4% |
| ACN Accenture PLC Class A | 1.05% | 26,579 | $9.4M | Add +7.7% |
| UNH Unitedhealth Group Inc. | 1.05% | 16,025 | $9.4M | Add +0.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.01% | 13 | $9.0M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.95% | 88,291 | $8.5M | Reduce -9.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.89% | 16,237 | $7.9M | Reduce -0.8% |
| COST Costco Wholesale Corp. | 0.84% | 8,506 | $7.5M | Reduce -2.1% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.83% | 68,035 | $7.5M | Reduce -3.6% |
| ABT Abbott Laboratories | 0.83% | 65,035 | $7.4M | Reduce -0.5% |
| ZTS Zoetis Inc. | 0.75% | 34,383 | $6.7M | Add +0.3% |
| GOOG Alphabet Inc. Class C | 0.75% | 39,870 | $6.7M | Reduce -0.5% |
| CAT Caterpillar Inc. | 0.74% | 16,888 | $6.6M | Add +0.2% |
| PG The Procter & Gamble Co. | 0.73% | 37,748 | $6.5M | Add +0.0% |
| UPS United Parcel Service Class B | 0.71% | 46,504 | $6.3M | Reduce -3.2% |
| ITW Illinois Tool Works | 0.70% | 23,899 | $6.3M | No change |
| LMT Lockheed Martin Corp. | 0.63% | 9,705 | $5.7M | Add +0.0% |
| CR Crane Co. | 0.60% | 34,038 | $5.4M | Add +0.3% |
| FCX Freeport-McMoran Inc. | 0.59% | 104,775 | $5.2M | Reduce -0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.57% | 11,034 | $5.1M | Reduce -0.7% |
| GOOGL Alphabet Inc. Class A | 0.56% | 30,321 | $5.0M | Reduce -0.3% |
| TFC Truist Financial Corp. | 0.53% | 110,791 | $4.7M | Reduce -1.7% |
| ENB Enbridge Inc. | 0.51% | 111,200 | $4.5M | Reduce -0.3% |
| PLSE Pulse Biosciences Inc. | 0.51% | 257,449 | $4.5M | Reduce -0.1% |
| COP Conocophillips | 0.50% | 42,396 | $4.5M | Add +0.2% |
| ULTA Ulta Beauty Inc. | 0.49% | 11,364 | $4.4M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.49% | 7,588 | $4.3M | Reduce -1.1% |
| BR Broadridge Financial Solutio | 0.48% | 20,074 | $4.3M | Reduce -0.2% |
| RPM RPM International Inc. | 0.47% | 34,783 | $4.2M | No change |
| MELI MercadoLibre Inc. | 0.46% | 2,023 | $4.2M | Reduce -1.5% |
| BMY Bristol-Myers Squibb Co. | 0.46% | 79,051 | $4.1M | Reduce -3.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.45% | 8,713 | $4.1M | Add +0.2% |
| SHEL Shell PLC-ADR | 0.45% | 61,197 | $4.0M | Reduce -7.0% |
| GE General Electric filed as GE AEROSPACE | 0.43% | 20,372 | $3.8M | Reduce -0.5% |
| VZ Verizon Communications Inc. | 0.42% | 83,253 | $3.7M | Reduce -1.3% |
| APA Apa Corp. | 0.41% | 150,337 | $3.7M | Reduce -0.2% |
| MTDR Matador Resources Co. | 0.41% | 73,579 | $3.6M | Add +0.1% |
| SHW The Sherwin-Williams Co. | 0.40% | 9,296 | $3.5M | Add +0.3% |
| VRSK Verisk Analytics Inc. | 0.39% | 12,896 | $3.5M | Reduce -0.3% |
| SNA Snap-on Inc. | 0.38% | 11,710 | $3.4M | Reduce -0.0% |
| PEP Pepsico Inc. | 0.36% | 19,115 | $3.3M | Reduce -1.7% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.35% | 74,130 | $3.1M | Add +0.3% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.34% | 53,218 | $3.0M | No change |
| AVGO Broadcom Inc. | 0.33% | 17,293 | $3.0M | Add +2.1% |
| PM Philip Morris International | 0.33% | 24,435 | $3.0M | Add +1.8% |
| CB Chubb Ltd. | 0.32% | 10,063 | $2.9M | Add +0.0% |
| GGG Graco Inc. | 0.32% | 32,875 | $2.9M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.32% | 12,887 | $2.8M | Add +0.1% |
| FDX FedEx Corp. | 0.32% | 10,325 | $2.8M | Reduce -0.3% |
| UNP Union Pacific Corp. | 0.31% | 11,325 | $2.8M | Add +0.8% |
| PFE Pfizer Inc. | 0.31% | 94,607 | $2.7M | Add +9.4% |
| HSY The Hershey Co. | 0.30% | 14,118 | $2.7M | Add +0.3% |
| SYY Sysco Corp. | 0.30% | 34,663 | $2.7M | Reduce -2.9% |
| MCD McDonald's Corp. | 0.30% | 8,885 | $2.7M | Add +3.1% |
| T AT&T Inc. | 0.29% | 117,510 | $2.6M | Add +0.8% |
| GEV GE Vernova Inc. | 0.29% | 10,065 | $2.6M | Add +96.4% |
| PAYX Paychex Inc. | 0.27% | 18,290 | $2.5M | Reduce -0.9% |
| MS Morgan Stanley | 0.27% | 23,343 | $2.4M | Reduce -0.9% |
| AMLP Alerian MLP ETF | 0.27% | 50,939 | $2.4M | Add +6.5% |
| STZ Constellation Brands Inc. Class A | 0.27% | 9,216 | $2.4M | No change |
| CI The Cigna Group | 0.26% | 6,731 | $2.3M | Reduce -0.4% |
| TSLA Tesla Inc. | 0.25% | 8,448 | $2.2M | Reduce -27.9% |
| EIX Edison International | 0.24% | 24,620 | $2.1M | No change |
| DFS Discover Financial Services | 0.24% | 15,236 | $2.1M | Reduce -1.7% |
| AXDXQ Accelerate Diagnostics Inc. | 0.24% | 1,245,355 | $2.1M | Reduce -9.8% |
| EMR Emerson Electric Co. | 0.24% | 19,322 | $2.1M | Add +52.3% |
| NKE Nike Inc. Class B | 0.23% | 23,040 | $2.0M | Add +6.2% |
| GD General Dynamics Corp. | 0.23% | 6,707 | $2.0M | Add +1.1% |
| WPC WP Carey Inc. | 0.21% | 30,562 | $1.9M | Add +5.0% |
| UBER Uber Technologies Inc. | 0.20% | 23,570 | $1.8M | Add +192.3% |
| CL Colgate-Palmolive Co. | 0.20% | 17,016 | $1.8M | Add +0.3% |
Portfolio Sells Q2 2024 → Q3 2024
| OLED Universal Display Corp. | Reduce -5.3% | 10.33% | −0.98 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -0.9% | 1.75% | −0.49 |
| MSFT Microsoft Corp. | Reduce -0.4% | 4.01% | −0.32 |
| QCOM Qualcomm Inc. | Reduce -0.1% | 1.34% | −0.29 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.17 |
| DIS The Walt Disney Co. | Reduce -9.2% | 0.95% | −0.17 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -42.3% | 0.12% | −0.17 |
| BMRN Biomarin Pharmaceutical Inc. | Sold out | 0.00% | −0.16 |
| WFC Wells Fargo & Co. | Reduce -0.5% | 1.57% | −0.15 |
| BA The Boeing Co. | Reduce -79.3% | 0.03% | −0.15 |
| NVDA Nvidia Corp. | Reduce -5.0% | 1.31% | −0.14 |
| CVX Chevron Corp. | Reduce -1.3% | 1.20% | −0.14 |
| AMZN Amazon.com Inc. | Reduce -1.0% | 1.54% | −0.13 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.12 |
| GOOG Alphabet Inc. Class C | Reduce -0.5% | 0.75% | −0.11 |
| APA Apa Corp. | Reduce -0.2% | 0.41% | −0.10 |
| SHEL Shell PLC-ADR | Reduce -7.0% | 0.45% | −0.10 |
| XOM Exxon Mobil Corp. | Reduce -6.6% | 1.07% | −0.09 |
| PLD Prologis Inc. | Reduce -54.0% | 0.09% | −0.09 |
| HON Honeywell International Inc. | Reduce -0.3% | 1.15% | −0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -0.3% | 0.56% | −0.08 |
| BAC Bank of America Corp. | Reduce -1.1% | 1.45% | −0.07 |
| CLF Cleveland-Cliffs Inc. | Sold out | 0.00% | −0.06 |
| UPS United Parcel Service Class B | Reduce -3.2% | 0.71% | −0.05 |
| CRSP Crispr Therapeutics AG | Sold out | 0.00% | −0.05 |
| MGNI Magnite Inc. | Reduce -50.3% | 0.05% | −0.05 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.05 |
| IRM Iron Mountain Inc. | Sold out | 0.00% | −0.05 |
| OM Outset Medical Inc. | Reduce -59.9% | 0.00% | −0.04 |
| FDX FedEx Corp. | Reduce -0.3% | 0.32% | −0.04 |
| NNOX Nano-X Imaging Ltd. | Reduce -3.2% | 0.13% | −0.04 |
| MP MP Materials Corp. | Sold out | 0.00% | −0.03 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −0.03 |
| CELH Celsius Holdings Inc. | Reduce -8.5% | 0.03% | −0.03 |
| ASO Academy Sports & Outdoors Inc. | Sold out | 0.00% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.8% | 0.89% | −0.02 |
| TSLA Tesla Inc. | Reduce -27.9% | 0.25% | −0.02 |
| VRSK Verisk Analytics Inc. | Reduce -0.3% | 0.39% | −0.02 |
| ULTA Ulta Beauty Inc. | Reduce -0.6% | 0.49% | −0.02 |
| INTC Intel Corp. | Reduce -12.3% | 0.02% | −0.01 |
| VOD Vodafone Group PLC-SP ADR | Sold out | 0.00% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -2.1% | 0.84% | −0.01 |
| ALB Albemarle Corp. | Reduce -1.7% | 0.16% | −0.01 |
| PEP Pepsico Inc. | Reduce -1.7% | 0.36% | −0.01 |
| AMGN Amgen Inc. | Reduce -20.6% | 0.03% | −0.01 |
| FCX Freeport-McMoran Inc. | Reduce -0.4% | 0.59% | −0.01 |
| CXT Crane NXT Co. | Reduce -3.1% | 0.04% | −0.01 |
| PI Impinj Inc. | Reduce -32.3% | 0.04% | −0.00 |
| ROL Rollins Inc. | Reduce -2.8% | 0.15% | −0.00 |
| MPLX MPLX LP | Reduce -5.3% | 0.06% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| GEV GE Vernova Inc. | Add +96.4% | 0.29% | +0.19 |
| ACN Accenture PLC Class A | Add +7.7% | 1.05% | +0.18 |
| VMC Vulcan Materials Co. | New | 0.18% | +0.18 |
| SMMT Summit Therapeutics Inc. | New | 0.17% | +0.17 |
| UBER Uber Technologies Inc. | Add +192.3% | 0.20% | +0.13 |
| V Visa Inc. Class A | Add +6.9% | 1.67% | +0.13 |
| LMT Lockheed Martin Corp. | Add +0.0% | 0.63% | +0.11 |
| UNH Unitedhealth Group Inc. | Add +0.3% | 1.05% | +0.11 |
| CAT Caterpillar Inc. | Add +0.2% | 0.74% | +0.09 |
| BMEA Biomea Fusion Inc. | Add +147.0% | 0.11% | +0.09 |
| SHW The Sherwin-Williams Co. | Add +0.3% | 0.40% | +0.08 |
| EMR Emerson Electric Co. | Add +52.3% | 0.24% | +0.07 |
| GPCR Structure Therapeutics Inc. | New | 0.07% | +0.07 |
| ZTS Zoetis Inc. | Add +0.3% | 0.75% | +0.06 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.32% | +0.06 |
| PM Philip Morris International | Add +1.8% | 0.33% | +0.05 |
| O Realty Income Corp. | Add +16.1% | 0.19% | +0.05 |
| MCD McDonald's Corp. | Add +3.1% | 0.30% | +0.05 |
| MO Altria Group Inc. | Add +26.1% | 0.15% | +0.04 |
| CARR Carrier Global Corp. | Add +2.4% | 0.19% | +0.04 |
| NKE Nike Inc. Class B | Add +6.2% | 0.23% | +0.04 |
| SBIO Alps Medical Breakthroughs | Add +31.2% | 0.13% | +0.04 |
| CR Crane Co. | Add +0.3% | 0.60% | +0.03 |
| MMM 3M Co. | Add +2.3% | 0.13% | +0.03 |
| T AT&T Inc. | Add +0.8% | 0.29% | +0.03 |
| DOV Dover Corp. | Add +0.4% | 1.05% | +0.03 |
| WPC WP Carey Inc. | Add +5.0% | 0.21% | +0.03 |
| CB Chubb Ltd. | Add +0.0% | 0.32% | +0.03 |
| GDOT Green Dot Corp. Class A | New | 0.03% | +0.03 |
| PFE Pfizer Inc. | Add +9.4% | 0.31% | +0.03 |
| KNSL Kinsale Capital Group Inc. | New | 0.03% | +0.03 |
| EQIX Equinix Inc. | Add +1.1% | 0.19% | +0.02 |
| ISRG Intuitive Surgical Inc. | New | 0.02% | +0.02 |
| ALLE Allegion PLC | New | 0.02% | +0.02 |
| IWN iShares Russell 2000 Value E | New | 0.02% | +0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.02% | +0.02 |
| AVGO Broadcom Inc. | Add +2.1% | 0.33% | +0.02 |
| UNP Union Pacific Corp. | Add +0.8% | 0.31% | +0.02 |
| CWEN Clearway Energy Inc. Class C | Add +0.0% | 0.10% | +0.02 |
| BEPC Brookfield Renewable Cor-A | Add +17.6% | 0.06% | +0.01 |
| HIG Hartford Insurance Group Inc. | Add +3.3% | 0.09% | +0.01 |
| TSCO Tractor Supply Company | Add +8.5% | 0.11% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 1.59% | +0.01 |
| BXSL Blackstone Secured Lending F | Add +25.5% | 0.08% | +0.01 |
| PG The Procter & Gamble Co. | Add +0.0% | 0.73% | +0.01 |
| GIS General Mills Inc. | Add +0.3% | 0.08% | +0.01 |
| LIN Linde PLC | Add +0.3% | 0.17% | +0.01 |
| IJJ iShares S&P Mid-Cap 400 Valu | Add +3.4% | 0.10% | +0.01 |
| BN Brookfield Corp. | Add +0.1% | 0.04% | +0.01 |
| CL Colgate-Palmolive Co. | Add +0.3% | 0.20% | +0.01 |
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 |