Griffin Asset Management, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 22, 2025), Griffin Asset Management, Inc. reported 212 stock positions worth $851.1 million. Its top holding was Universal Display (OLED) at 7.5% of the portfolio, followed by Apple (AAPL, 5.3%) and Microsoft (MSFT, 4.1%). Compared with Q3 2024, it opened 14 new positions, sold out of 13, added to 60 and reduced 114. The biggest buy was Bank of America (BAC, shares +5%) and the biggest sale Universal Display (OLED, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0000883803
- Portfolio Value
- $851.1M (Q4 2024)
- SEC Filing
- 0001941040-25-000029 ↗ filed Jan 22, 2025
Holdings Value
Holdings 212 stocks · $851.1M
| OLED Universal Display Corp. | 7.52% | 437,688 | $64.0M | Reduce -0.5% |
| AAPL Apple Inc. | 5.32% | 180,794 | $45.3M | Reduce -2.8% |
| MSFT Microsoft Corp. | 4.08% | 82,379 | $34.7M | Reduce -1.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.11% | 148,546 | $17.9M | Reduce -1.6% |
| WFC Wells Fargo & Co. | 2.04% | 247,435 | $17.4M | Reduce -0.5% |
| V Visa Inc. Class A | 1.96% | 52,886 | $16.7M | Reduce -2.8% |
| HD Home Depot Inc. | 1.86% | 40,786 | $15.9M | Reduce -4.6% |
| JPM JPMorgan Chase & Co. | 1.82% | 64,638 | $15.5M | Reduce -4.3% |
| AMZN Amazon.com Inc. | 1.82% | 70,456 | $15.5M | Reduce -4.9% |
| AXP American Express Co. | 1.78% | 50,926 | $15.1M | Reduce -0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.77% | 343,197 | $15.1M | Add +5.4% |
| ABBV Abbvie Inc. | 1.71% | 81,656 | $14.5M | Add +1.3% |
| WMT Walmart Inc. | 1.70% | 160,303 | $14.5M | Add +0.2% |
| ASML ASML Holding NV-NY Reg SHS | 1.57% | 19,335 | $13.4M | Add +3.1% |
| JNJ Johnson & Johnson | 1.41% | 83,129 | $12.0M | Reduce -4.9% |
| GS Goldman Sachs Group Inc. | 1.40% | 20,864 | $11.9M | Reduce -0.5% |
| DHR Danaher Corp. | 1.36% | 50,588 | $11.6M | Reduce -0.2% |
| APD Air Products & Chemicals Inc. | 1.36% | 40,037 | $11.6M | Reduce -2.3% |
| BX Blackstone Inc. | 1.35% | 66,421 | $11.5M | Reduce -0.7% |
| NVDA Nvidia Corp. | 1.32% | 83,649 | $11.2M | Reduce -13.4% |
| HON Honeywell International Inc. | 1.31% | 49,247 | $11.1M | Reduce -0.8% |
| QCOM Qualcomm Inc. | 1.27% | 70,133 | $10.8M | Reduce -0.2% |
| MRK Merck & Co. Inc. | 1.26% | 107,943 | $10.7M | Reduce -2.6% |
| SBUX Starbucks Corp. | 1.25% | 116,296 | $10.6M | Reduce -2.4% |
| CVX Chevron Corp. | 1.23% | 72,475 | $10.5M | Reduce -0.7% |
| ACN Accenture PLC Class A | 1.19% | 28,744 | $10.1M | Add +8.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.15% | 88,233 | $9.8M | Reduce -0.1% |
| KO The Coca-Cola Co. | 1.15% | 157,411 | $9.8M | Reduce -1.7% |
| ORCL Oracle Corp. | 1.11% | 56,669 | $9.4M | Add +2.3% |
| RTX RTX Corp. | 1.10% | 80,642 | $9.3M | Add +0.3% |
| DOV Dover Corp. | 1.08% | 49,205 | $9.2M | Add +0.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.04% | 13 | $8.9M | No change |
| XOM Exxon Mobil Corp. | 1.03% | 81,326 | $8.7M | Reduce -0.1% |
| TGT Target Corp. | 1.00% | 63,254 | $8.6M | Add +1.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.98% | 16,350 | $8.4M | Add +0.7% |
| UNH Unitedhealth Group Inc. | 0.92% | 15,520 | $7.9M | Reduce -3.1% |
| COST Costco Wholesale Corp. | 0.91% | 8,418 | $7.7M | Reduce -1.0% |
| GOOG Alphabet Inc. Class C | 0.89% | 39,760 | $7.6M | Reduce -0.3% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.86% | 62,501 | $7.3M | Reduce -8.1% |
| ABT Abbott Laboratories | 0.86% | 64,937 | $7.3M | Reduce -0.1% |
| UPS United Parcel Service Class B | 0.73% | 49,412 | $6.2M | Add +6.3% |
| CAT Caterpillar Inc. | 0.73% | 17,098 | $6.2M | Add +1.2% |
| PG The Procter & Gamble Co. | 0.72% | 36,618 | $6.1M | Reduce -3.0% |
| ITW Illinois Tool Works | 0.71% | 23,899 | $6.1M | No change |
| GOOGL Alphabet Inc. Class A | 0.66% | 29,745 | $5.6M | Reduce -1.9% |
| ZTS Zoetis Inc. | 0.64% | 33,432 | $5.4M | Reduce -2.8% |
| CR Crane Co. | 0.60% | 33,854 | $5.1M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.59% | 11,009 | $5.0M | Reduce -0.2% |
| ULTA Ulta Beauty Inc. | 0.57% | 11,230 | $4.9M | Reduce -1.2% |
| TFC Truist Financial Corp. | 0.56% | 110,802 | $4.8M | Add +0.0% |
| BR Broadridge Financial Solutio | 0.53% | 19,994 | $4.5M | Reduce -0.4% |
| BMY Bristol-Myers Squibb Co. | 0.53% | 79,614 | $4.5M | Add +0.7% |
| LMT Lockheed Martin Corp. | 0.51% | 9,000 | $4.4M | Reduce -7.3% |
| META Meta Platforms Inc. Class A | 0.51% | 7,423 | $4.3M | Reduce -2.2% |
| COP Conocophillips | 0.50% | 42,573 | $4.2M | Add +0.4% |
| PLSE Pulse Biosciences Inc. | 0.49% | 237,547 | $4.1M | Reduce -7.7% |
| ENB Enbridge Inc. | 0.48% | 95,378 | $4.0M | Reduce -14.2% |
| RPM RPM International Inc. | 0.47% | 32,775 | $4.0M | Reduce -5.8% |
| AVGO Broadcom Inc. | 0.45% | 16,662 | $3.9M | Reduce -3.6% |
| SHEL Shell PLC-ADR | 0.45% | 61,150 | $3.8M | Reduce -0.1% |
| FCX Freeport-McMoran Inc. | 0.43% | 96,854 | $3.7M | Reduce -7.6% |
| SNA Snap-on Inc. | 0.42% | 10,630 | $3.6M | Reduce -9.2% |
| VRSK Verisk Analytics Inc. | 0.42% | 12,846 | $3.5M | Reduce -0.4% |
| AMLP Alerian MLP ETF | 0.41% | 73,316 | $3.5M | Add +43.9% |
| TSLA Tesla Inc. | 0.40% | 8,377 | $3.4M | Reduce -0.8% |
| MELI MercadoLibre Inc. | 0.39% | 1,949 | $3.3M | Reduce -3.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.38% | 8,132 | $3.3M | Reduce -6.7% |
| MTDR Matador Resources Co. | 0.38% | 57,751 | $3.2M | Reduce -21.5% |
| SHW The Sherwin-Williams Co. | 0.37% | 9,290 | $3.2M | Reduce -0.1% |
| VZ Verizon Communications Inc. | 0.37% | 77,879 | $3.1M | Reduce -6.5% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.37% | 53,218 | $3.1M | No change |
| APA Apa Corp. | 0.36% | 133,407 | $3.1M | Reduce -11.3% |
| MS Morgan Stanley | 0.35% | 24,018 | $3.0M | Add +2.9% |
| GEV GE Vernova Inc. | 0.35% | 9,105 | $3.0M | Reduce -9.5% |
| GE General Electric filed as GE AEROSPACE | 0.35% | 17,940 | $3.0M | Reduce -11.9% |
| PM Philip Morris International | 0.34% | 24,376 | $2.9M | Reduce -0.2% |
| FDX FedEx Corp. | 0.34% | 10,365 | $2.9M | Add +0.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.33% | 12,895 | $2.8M | Add +0.1% |
| CB Chubb Ltd. | 0.33% | 10,258 | $2.8M | Add +1.9% |
| GGG Graco Inc. | 0.33% | 32,875 | $2.8M | No change |
| PEP Pepsico Inc. | 0.32% | 18,077 | $2.7M | Reduce -5.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.32% | 71,035 | $2.7M | Reduce -4.2% |
| T AT&T Inc. | 0.31% | 116,818 | $2.7M | Reduce -0.6% |
| UNP Union Pacific Corp. | 0.31% | 11,621 | $2.6M | Add +2.6% |
| SYY Sysco Corp. | 0.31% | 34,623 | $2.6M | Reduce -0.1% |
| DFS Discover Financial Services | 0.29% | 14,449 | $2.5M | Reduce -5.2% |
| MCD McDonald's Corp. | 0.29% | 8,470 | $2.5M | Reduce -4.7% |
| PAYX Paychex Inc. | 0.29% | 17,497 | $2.5M | Reduce -4.3% |
| EMR Emerson Electric Co. | 0.28% | 18,919 | $2.3M | Reduce -2.1% |
| UBER Uber Technologies Inc. | 0.26% | 36,257 | $2.2M | Add +53.8% |
| PFE Pfizer Inc. | 0.26% | 82,118 | $2.2M | Reduce -13.2% |
| IVV iShares Core S&P 500 ETF | 0.24% | 3,426 | $2.0M | Add +29.8% |
| SMMT Summit Therapeutics Inc. | 0.23% | 110,660 | $2.0M | Add +63.3% |
| ET Energy Transfer LP | 0.23% | 98,593 | $1.9M | Reduce -0.6% |
| CI The Cigna Group | 0.22% | 6,770 | $1.9M | Add +0.6% |
| HSY The Hershey Co. | 0.21% | 10,714 | $1.8M | Reduce -24.1% |
| STZ Constellation Brands Inc. Class A | 0.21% | 8,101 | $1.8M | Reduce -12.1% |
| EIX Edison International | 0.21% | 22,330 | $1.8M | Reduce -9.3% |
| GD General Dynamics Corp. | 0.21% | 6,722 | $1.8M | Add +0.2% |
| VMC Vulcan Materials Co. | 0.20% | 6,743 | $1.7M | Add +3.4% |
Portfolio Sells Q3 2024 → Q4 2024
| OLED Universal Display Corp. | Reduce -0.5% | 7.52% | −2.81 |
| DHR Danaher Corp. | Reduce -0.2% | 1.36% | −0.21 |
| JNJ Johnson & Johnson | Reduce -4.9% | 1.41% | −0.17 |
| UL Unilever PLC | Sold out | 0.00% | −0.16 |
| FCX Freeport-McMoran Inc. | Reduce -7.6% | 0.43% | −0.15 |
| MRK Merck & Co. Inc. | Reduce -2.6% | 1.26% | −0.15 |
| KO The Coca-Cola Co. | Reduce -1.7% | 1.15% | −0.14 |
| NKE Nike Inc. Class B | Reduce -52.8% | 0.10% | −0.13 |
| ROP Roper Technologies Inc. | Reduce -83.3% | 0.02% | −0.13 |
| UNH Unitedhealth Group Inc. | Reduce -3.1% | 0.92% | −0.13 |
| LMT Lockheed Martin Corp. | Reduce -7.3% | 0.51% | −0.12 |
| ZTS Zoetis Inc. | Reduce -2.8% | 0.64% | −0.11 |
| AXDXQ Accelerate Diagnostics Inc. | Reduce -19.4% | 0.14% | −0.10 |
| HSY The Hershey Co. | Reduce -24.1% | 0.21% | −0.09 |
| GE General Electric | Reduce -11.9% | 0.35% | −0.08 |
| MELI MercadoLibre Inc. | Reduce -3.7% | 0.39% | −0.07 |
| HD Home Depot Inc. | Reduce -4.6% | 1.86% | −0.07 |
| QCOM Qualcomm Inc. | Reduce -0.2% | 1.27% | −0.07 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -6.7% | 0.38% | −0.07 |
| BMEA Biomea Fusion Inc. | Reduce -1.6% | 0.04% | −0.07 |
| O Realty Income Corp. | Reduce -25.6% | 0.13% | −0.07 |
| KLAC KLA Corp. | Reduce -41.4% | 0.06% | −0.06 |
| IEP Icahn Enterprises LP | Sold out | 0.00% | −0.06 |
| STZ Constellation Brands Inc. Class A | Reduce -12.1% | 0.21% | −0.06 |
| VZ Verizon Communications Inc. | Reduce -6.5% | 0.37% | −0.05 |
| SBUX Starbucks Corp. | Reduce -2.4% | 1.25% | −0.05 |
| PFE Pfizer Inc. | Reduce -13.2% | 0.26% | −0.05 |
| APA Apa Corp. | Reduce -11.3% | 0.36% | −0.05 |
| PI Impinj Inc. | Sold out | 0.00% | −0.04 |
| PEP Pepsico Inc. | Reduce -5.4% | 0.32% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -0.1% | 1.03% | −0.04 |
| C Citigroup Inc. | Reduce -33.0% | 0.15% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -28.9% | 0.06% | −0.03 |
| PLD Prologis Inc. | Reduce -28.2% | 0.06% | −0.03 |
| EIX Edison International | Reduce -9.3% | 0.21% | −0.03 |
| ENB Enbridge Inc. | Reduce -14.2% | 0.48% | −0.03 |
| PLTR Palantir Technologies Inc. Class A | Reduce -69.6% | 0.05% | −0.03 |
| VNQ Vanguard Real Estate ETF | Sold out | 0.00% | −0.03 |
| SLB SLB Ltd. | Reduce -4.2% | 0.32% | −0.03 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.03 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.03 |
| CELH Celsius Holdings Inc. | Sold out | 0.00% | −0.03 |
| ROL Rollins Inc. | Reduce -13.9% | 0.13% | −0.03 |
| GDOT Green Dot Corp. Class A | Sold out | 0.00% | −0.03 |
| SHW The Sherwin-Williams Co. | Reduce -0.1% | 0.37% | −0.03 |
| MTDR Matador Resources Co. | Reduce -21.5% | 0.38% | −0.03 |
| ALB Albemarle Corp. | Reduce -11.3% | 0.14% | −0.02 |
| STLA Stellantis NV | Sold out | 0.00% | −0.02 |
| ALLE Allegion PLC | Sold out | 0.00% | −0.02 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| BAC Bank of America Corp. | Add +5.4% | 1.77% | +0.33 |
| WMT Walmart Inc. | Add +0.2% | 1.70% | +0.26 |
| AMLP Alerian MLP ETF | Add +43.9% | 0.41% | +0.15 |
| ACN Accenture PLC Class A | Add +8.2% | 1.19% | +0.14 |
| IBIT iShares Bitcoin Trust ETF | New | 0.13% | +0.13 |
| SMCI Super Micro Computer Inc. | New | 0.11% | +0.11 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.7% | 0.98% | +0.10 |
| VGT Vanguard Info Tech ETF | New | 0.09% | +0.09 |
| MS Morgan Stanley | Add +2.9% | 0.35% | +0.08 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | New | 0.08% | +0.08 |
| BMY Bristol-Myers Squibb Co. | Add +0.7% | 0.53% | +0.07 |
| IVV iShares Core S&P 500 ETF | Add +29.8% | 0.24% | +0.07 |
| SMMT Summit Therapeutics Inc. | Add +63.3% | 0.23% | +0.07 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.06% | +0.06 |
| UBER Uber Technologies Inc. | Add +53.8% | 0.26% | +0.06 |
| SHOP Shopify Inc. Class A | Add +1.8% | 0.20% | +0.06 |
| DXYZ Destiny TECH100 Inc. | New | 0.06% | +0.06 |
| ORCL Oracle Corp. | Add +2.3% | 1.11% | +0.05 |
| BCE Bce Inc. | New | 0.04% | +0.04 |
| TFC Truist Financial Corp. | Add +0.0% | 0.56% | +0.03 |
| MRVL Marvell Technology Inc. | New | 0.03% | +0.03 |
| DOV Dover Corp. | Add +0.1% | 1.08% | +0.03 |
| VOOG Vanguard S&P 500 Growth ETF | New | 0.03% | +0.03 |
| CRM Salesforce Inc. | New | 0.03% | +0.03 |
| FDX FedEx Corp. | Add +0.4% | 0.34% | +0.03 |
| ANET Arista Networks Inc. | New | 0.03% | +0.03 |
| QQQX Nuveen Nasdaq 100 DYN Overwr | New | 0.02% | +0.02 |
| BKSY Blacksky Technology Inc. | New | 0.02% | +0.02 |
| UPS United Parcel Service Class B | Add +6.3% | 0.73% | +0.02 |
| VMC Vulcan Materials Co. | Add +3.4% | 0.20% | +0.02 |
| BXSL Blackstone Secured Lending F | Add +8.4% | 0.10% | +0.02 |
| ABSI Absci Corp. | New | 0.02% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +29.6% | 0.07% | +0.02 |
| EPD Enterprise Products Partners | Add +0.8% | 0.14% | +0.02 |
| CSCO Cisco Systems Inc. | Add +16.2% | 0.06% | +0.02 |
| ARCC Ares Capital Corp. | Add +1.2% | 0.17% | +0.02 |
| HACK Amplify Cybersecurity ETF | Add +14.4% | 0.06% | +0.01 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.33% | +0.01 |
| IJJ iShares S&P Mid-Cap 400 Valu | Add +3.0% | 0.11% | +0.01 |
| MPLX MPLX LP | Add +1.3% | 0.07% | +0.01 |
| CB Chubb Ltd. | Add +1.9% | 0.33% | +0.01 |
| IYE iShares U.S. Energy ETF | Add +16.6% | 0.04% | +0.01 |
| RTX RTX Corp. | Add +0.3% | 1.10% | +0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +3.3% | 0.10% | +0.01 |
| ITA iShares U.S. Aerospace & Def | Add +17.1% | 0.04% | +0.01 |
| BN Brookfield Corp. | Add +0.1% | 0.04% | +0.01 |
| MMM 3M Co. | Add +4.7% | 0.14% | +0.01 |
| TRI Thomson Reuters Corp. | Add +4.9% | 0.12% | +0.00 |
| WM Waste Management Inc. | Add +0.1% | 0.19% | +0.00 |
| IYJ iShares U.S. Industrials ETF | Add +4.5% | 0.03% | +0.00 |
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 |