Griffin Asset Management, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 16, 2025), Griffin Asset Management, Inc. reported 199 stock positions worth $816.9 million. Its top holding was Universal Display (OLED) at 7.4% of the portfolio, followed by Apple (AAPL, 4.8%) and Microsoft (MSFT, 3.7%). Compared with Q4 2024, it opened 7 new positions, sold out of 20, added to 71 and reduced 90. The biggest buy was 3M (MMM, shares +280%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0000883803
- Portfolio Value
- $816.9M (Q1 2025)
- SEC Filing
- 0001941040-25-000211 ↗ filed Apr 16, 2025
Holdings Value
Holdings 199 stocks · $816.9M
| OLED Universal Display Corp. | 7.39% | 432,668 | $60.3M | Reduce -1.1% |
| AAPL Apple Inc. | 4.85% | 178,242 | $39.6M | Reduce -1.4% |
| MSFT Microsoft Corp. | 3.69% | 80,315 | $30.1M | Reduce -2.5% |
| V Visa Inc. Class A | 2.20% | 51,191 | $17.9M | Reduce -3.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.18% | 146,439 | $17.8M | Reduce -1.4% |
| ABBV Abbvie Inc. | 2.09% | 81,546 | $17.1M | Reduce -0.1% |
| WFC Wells Fargo & Co. | 1.96% | 223,106 | $16.0M | Reduce -9.8% |
| JPM JPMorgan Chase & Co. | 1.93% | 64,113 | $15.7M | Reduce -0.8% |
| HD Home Depot Inc. | 1.83% | 40,778 | $14.9M | Reduce -0.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.73% | 338,394 | $14.1M | Reduce -1.4% |
| ASML ASML Holding NV-NY Reg SHS | 1.66% | 20,466 | $13.6M | Add +5.8% |
| JNJ Johnson & Johnson | 1.65% | 81,449 | $13.5M | Reduce -2.0% |
| WMT Walmart Inc. | 1.65% | 153,553 | $13.5M | Reduce -4.2% |
| AMZN Amazon.com Inc. | 1.65% | 70,627 | $13.4M | Add +0.2% |
| CVX Chevron Corp. | 1.47% | 71,888 | $12.0M | Reduce -0.8% |
| APD Air Products & Chemicals Inc. | 1.44% | 39,917 | $11.8M | Reduce -0.3% |
| AXP American Express Co. | 1.42% | 43,110 | $11.6M | Reduce -15.3% |
| SBUX Starbucks Corp. | 1.38% | 114,795 | $11.3M | Reduce -1.3% |
| KO The Coca-Cola Co. | 1.35% | 153,536 | $11.0M | Reduce -2.5% |
| GS Goldman Sachs Group Inc. | 1.33% | 19,867 | $10.9M | Reduce -4.8% |
| QCOM Qualcomm Inc. | 1.31% | 69,692 | $10.7M | Reduce -0.6% |
| RTX RTX Corp. | 1.29% | 79,420 | $10.5M | Reduce -1.5% |
| DHR Danaher Corp. | 1.27% | 50,680 | $10.4M | Add +0.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.27% | 13 | $10.4M | No change |
| HON Honeywell International Inc. | 1.27% | 48,907 | $10.4M | Reduce -0.7% |
| MRK Merck & Co. Inc. | 1.19% | 108,366 | $9.7M | Add +0.4% |
| XOM Exxon Mobil Corp. | 1.17% | 80,569 | $9.6M | Reduce -0.9% |
| DOV Dover Corp. | 1.15% | 53,275 | $9.4M | Add +8.3% |
| BX Blackstone Inc. | 1.13% | 65,999 | $9.2M | Reduce -0.6% |
| NVDA Nvidia Corp. | 1.11% | 83,786 | $9.1M | Add +0.2% |
| ACN Accenture PLC Class A | 1.10% | 28,694 | $9.0M | Reduce -0.2% |
| UNH Unitedhealth Group Inc. | 1.09% | 16,965 | $8.9M | Add +9.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.05% | 86,636 | $8.6M | Reduce -1.8% |
| COST Costco Wholesale Corp. | 0.98% | 8,445 | $8.0M | Add +0.3% |
| ABT Abbott Laboratories | 0.97% | 59,940 | $8.0M | Reduce -7.7% |
| ORCL Oracle Corp. | 0.96% | 56,094 | $7.8M | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 0.94% | 49,846 | $7.7M | Add +67.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.92% | 15,963 | $7.5M | Reduce -2.4% |
| TGT Target Corp. | 0.89% | 69,606 | $7.3M | Add +10.0% |
| GOOG Alphabet Inc. Class C | 0.76% | 39,575 | $6.2M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 0.75% | 35,747 | $6.1M | Reduce -2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.73% | 11,198 | $6.0M | Add +1.7% |
| ITW Illinois Tool Works | 0.73% | 23,899 | $5.9M | No change |
| CAT Caterpillar Inc. | 0.69% | 17,129 | $5.6M | Add +0.2% |
| ZTS Zoetis Inc. | 0.67% | 33,112 | $5.5M | Reduce -1.0% |
| CR Crane Co. | 0.62% | 32,898 | $5.0M | Reduce -2.8% |
| MMM 3M Co. | 0.61% | 34,080 | $5.0M | Add +280.4% |
| BR Broadridge Financial Solutio | 0.59% | 19,985 | $4.8M | Reduce -0.1% |
| AMLP Alerian MLP ETF | 0.57% | 90,122 | $4.7M | Add +22.9% |
| SHEL Shell PLC-ADR | 0.55% | 61,178 | $4.5M | Add +0.1% |
| COP Conocophillips | 0.55% | 42,507 | $4.5M | Reduce -0.2% |
| BMY Bristol-Myers Squibb Co. | 0.54% | 72,173 | $4.4M | Reduce -9.3% |
| TFC Truist Financial Corp. | 0.54% | 106,480 | $4.4M | Reduce -3.9% |
| META Meta Platforms Inc. Class A | 0.52% | 7,353 | $4.2M | Reduce -0.9% |
| ULTA Ulta Beauty Inc. | 0.50% | 11,205 | $4.1M | Reduce -0.2% |
| ENB Enbridge Inc. | 0.49% | 89,766 | $4.0M | Reduce -5.9% |
| LMT Lockheed Martin Corp. | 0.49% | 8,874 | $4.0M | Reduce -1.4% |
| MELI MercadoLibre Inc. | 0.48% | 1,995 | $3.9M | Add +2.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.48% | 8,017 | $3.9M | Reduce -1.4% |
| VRSK Verisk Analytics Inc. | 0.47% | 12,806 | $3.8M | Reduce -0.3% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.46% | 53,218 | $3.8M | No change |
| PLSE Pulse Biosciences Inc. | 0.46% | 233,557 | $3.8M | Reduce -1.7% |
| VZ Verizon Communications Inc. | 0.45% | 81,705 | $3.7M | Add +4.9% |
| RPM RPM International Inc. | 0.45% | 32,001 | $3.7M | Reduce -2.4% |
| PM Philip Morris International | 0.44% | 22,785 | $3.6M | Reduce -6.5% |
| UBER Uber Technologies Inc. | 0.44% | 49,242 | $3.6M | Add +35.8% |
| SNA Snap-on Inc. | 0.44% | 10,630 | $3.6M | No change |
| UNP Union Pacific Corp. | 0.43% | 15,021 | $3.5M | Add +29.3% |
| GE General Electric filed as GE AEROSPACE | 0.43% | 17,695 | $3.5M | Reduce -1.4% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.42% | 62,198 | $3.4M | Reduce -0.5% |
| FCX Freeport-McMoran Inc. | 0.40% | 86,494 | $3.3M | Reduce -10.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.39% | 12,902 | $3.2M | Add +0.1% |
| GEV GE Vernova Inc. | 0.39% | 10,424 | $3.2M | Add +14.5% |
| SHW The Sherwin-Williams Co. | 0.38% | 8,990 | $3.1M | Reduce -3.2% |
| AVGO Broadcom Inc. | 0.38% | 18,677 | $3.1M | Add +12.1% |
| T AT&T Inc. | 0.38% | 109,701 | $3.1M | Reduce -6.1% |
| CB Chubb Ltd. | 0.38% | 10,237 | $3.1M | Reduce -0.2% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.36% | 71,180 | $3.0M | Add +0.2% |
| MTDR Matador Resources Co. | 0.36% | 57,456 | $2.9M | Reduce -0.5% |
| WM Waste Management Inc. | 0.36% | 12,649 | $2.9M | Add +56.0% |
| MS Morgan Stanley | 0.35% | 24,413 | $2.8M | Add +1.6% |
| UPS United Parcel Service Class B | 0.34% | 25,549 | $2.8M | Reduce -48.3% |
| PFE Pfizer Inc. | 0.34% | 108,666 | $2.8M | Add +32.3% |
| GGG Graco Inc. | 0.34% | 32,876 | $2.7M | Add +0.0% |
| PAYX Paychex Inc. | 0.33% | 17,690 | $2.7M | Add +1.1% |
| SYY Sysco Corp. | 0.32% | 34,623 | $2.6M | No change |
| MCD McDonald's Corp. | 0.32% | 8,289 | $2.6M | Reduce -2.1% |
| FDX FedEx Corp. | 0.31% | 10,360 | $2.5M | Reduce -0.1% |
| DFS Discover Financial Services | 0.30% | 14,421 | $2.5M | Reduce -0.2% |
| SMMT Summit Therapeutics Inc. | 0.28% | 117,210 | $2.3M | Add +5.9% |
| C Citigroup Inc. | 0.27% | 31,338 | $2.2M | Add +76.7% |
| CI The Cigna Group | 0.27% | 6,735 | $2.2M | Reduce -0.5% |
| TRI Thomson Reuters Corp. | 0.26% | 12,161 | $2.1M | Add +87.8% |
| EMR Emerson Electric Co. | 0.25% | 18,921 | $2.1M | Add +0.0% |
| LHX L3HARRIS Technologies Inc. | 0.25% | 9,874 | $2.1M | Add +70.2% |
| WPC WP Carey Inc. | 0.25% | 32,058 | $2.0M | Add +7.7% |
| IVV iShares Core S&P 500 ETF | 0.24% | 3,420 | $1.9M | Reduce -0.2% |
| HIG Hartford Insurance Group Inc. | 0.23% | 15,385 | $1.9M | Add +114.9% |
| GD General Dynamics Corp. | 0.23% | 6,750 | $1.8M | Add +0.4% |
| MO Altria Group Inc. | 0.22% | 30,485 | $1.8M | Add +17.1% |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -1.4% | 4.85% | −0.47 |
| TTD Trade Desk Inc./the Class A | Reduce -0.5% | 0.42% | −0.45 |
| MSFT Microsoft Corp. | Reduce -2.5% | 3.69% | −0.39 |
| UPS United Parcel Service Class B | Reduce -48.3% | 0.34% | −0.39 |
| AXP American Express Co. | Reduce -15.3% | 1.42% | −0.36 |
| APA Apa Corp. | Reduce -79.8% | 0.07% | −0.29 |
| TSLA Tesla Inc. | Reduce -41.6% | 0.16% | −0.24 |
| BX Blackstone Inc. | Reduce -0.6% | 1.13% | −0.22 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.21 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.21 |
| EIX Edison International | Sold out | 0.00% | −0.21 |
| TROW T Rowe Price Group Inc. | Sold out | 0.00% | −0.18 |
| PEP Pepsico Inc. | Reduce -52.3% | 0.16% | −0.16 |
| XYZ Block Inc. | Sold out | 0.00% | −0.16 |
| ORCL Oracle Corp. | Reduce -1.0% | 0.96% | −0.15 |
| SO The Southern Co. | Sold out | 0.00% | −0.14 |
| ALB Albemarle Corp. | Sold out | 0.00% | −0.14 |
| GOOG Alphabet Inc. Class C | Reduce -0.5% | 0.76% | −0.13 |
| OLED Universal Display Corp. | Reduce -1.1% | 7.39% | −0.13 |
| DIS The Walt Disney Co. | Reduce -1.8% | 1.05% | −0.11 |
| ACN Accenture PLC Class A | Reduce -0.2% | 1.10% | −0.09 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.09 |
| WFC Wells Fargo & Co. | Reduce -9.8% | 1.96% | −0.08 |
| O Realty Income Corp. | Reduce -66.0% | 0.05% | −0.08 |
| GS Goldman Sachs Group Inc. | Reduce -4.8% | 1.33% | −0.08 |
| ULTA Ulta Beauty Inc. | Reduce -0.2% | 0.50% | −0.07 |
| AXDXQ Accelerate Diagnostics Inc. | Reduce -15.0% | 0.07% | −0.07 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.4% | 0.92% | −0.07 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.05 |
| WMT Walmart Inc. | Reduce -4.2% | 1.65% | −0.05 |
| NNOX Nano-X Imaging Ltd. | Reduce -4.8% | 0.11% | −0.05 |
| GPCR Structure Therapeutics Inc. | Sold out | 0.00% | −0.05 |
| BAC Bank of America Corp. | Reduce -1.4% | 1.73% | −0.04 |
| CXT Crane NXT Co. | Sold out | 0.00% | −0.04 |
| NXPI NXP Semiconductors NV | Reduce -35.9% | 0.06% | −0.04 |
| HON Honeywell International Inc. | Reduce -0.7% | 1.27% | −0.04 |
| HD Home Depot Inc. | Reduce -0.0% | 1.83% | −0.03 |
| FDX FedEx Corp. | Reduce -0.1% | 0.31% | −0.03 |
| ET Energy Transfer LP | Reduce -13.5% | 0.19% | −0.03 |
| FCX Freeport-McMoran Inc. | Reduce -10.7% | 0.40% | −0.03 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.03 |
| BMEA Biomea Fusion Inc. | Reduce -45.8% | 0.01% | −0.03 |
| DXYZ Destiny TECH100 Inc. | Reduce -19.6% | 0.03% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -1.4% | 0.49% | −0.03 |
| TFC Truist Financial Corp. | Reduce -3.9% | 0.54% | −0.03 |
| PLSE Pulse Biosciences Inc. | Reduce -1.7% | 0.46% | −0.03 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.03 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.02 |
| ARM Arm Holdings PLC-ADR | Sold out | 0.00% | −0.02 |
| QQQX Nuveen Nasdaq 100 DYN Overwr | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| MMM 3M Co. | Add +280.4% | 0.61% | +0.48 |
| GOOGL Alphabet Inc. Class A | Add +67.6% | 0.94% | +0.28 |
| UBER Uber Technologies Inc. | Add +35.8% | 0.44% | +0.18 |
| WM Waste Management Inc. | Add +56.0% | 0.36% | +0.17 |
| UNH Unitedhealth Group Inc. | Add +9.3% | 1.09% | +0.17 |
| AMLP Alerian MLP ETF | Add +22.9% | 0.57% | +0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.7% | 0.73% | +0.14 |
| HIG Hartford Insurance Group Inc. | Add +114.9% | 0.23% | +0.14 |
| TRI Thomson Reuters Corp. | Add +87.8% | 0.26% | +0.14 |
| C Citigroup Inc. | Add +76.7% | 0.27% | +0.13 |
| UNP Union Pacific Corp. | Add +29.3% | 0.43% | +0.12 |
| LHX L3HARRIS Technologies Inc. | Add +70.2% | 0.25% | +0.11 |
| SHEL Shell PLC-ADR | Add +0.1% | 0.55% | +0.10 |
| VZ Verizon Communications Inc. | Add +4.9% | 0.45% | +0.09 |
| MELI MercadoLibre Inc. | Add +2.4% | 0.48% | +0.09 |
| ASML ASML Holding NV-NY Reg SHS | Add +5.8% | 1.66% | +0.09 |
| PFE Pfizer Inc. | Add +32.3% | 0.34% | +0.08 |
| COST Costco Wholesale Corp. | Add +0.3% | 0.98% | +0.07 |
| CRM Salesforce Inc. | Add +332.2% | 0.10% | +0.07 |
| MO Altria Group Inc. | Add +17.1% | 0.22% | +0.06 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +87.2% | 0.14% | +0.06 |
| DOV Dover Corp. | Add +8.3% | 1.15% | +0.06 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.39% | +0.06 |
| WPC WP Carey Inc. | Add +7.7% | 0.25% | +0.06 |
| CLOX Eldridge Aaa Clo ETF | New | 0.05% | +0.05 |
| PAYX Paychex Inc. | Add +1.1% | 0.33% | +0.05 |
| SMMT Summit Therapeutics Inc. | Add +5.9% | 0.28% | +0.04 |
| SLB SLB Ltd. | Add +0.2% | 0.36% | +0.04 |
| SMCI Super Micro Computer Inc. | Add +16.7% | 0.15% | +0.04 |
| GEV GE Vernova Inc. | Add +14.5% | 0.39% | +0.04 |
| IBIT iShares Bitcoin Trust ETF | Add +36.3% | 0.16% | +0.03 |
| EWG iShares MSCI Germany ETF | New | 0.03% | +0.03 |
| VGK Vanguard Ftse Europe ETF | New | 0.03% | +0.03 |
| LIN Linde PLC | Add +1.9% | 0.19% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +69.3% | 0.09% | +0.03 |
| AMGN Amgen Inc. | New | 0.03% | +0.03 |
| IVOL Quadratic Int Rte Vol Infl H | New | 0.03% | +0.03 |
| EPOL iShares MSCI Poland ETF | New | 0.03% | +0.03 |
| NNN NNN REIT Inc. | New | 0.03% | +0.03 |
| VICI Vici Properties Inc. | Add +7.7% | 0.12% | +0.02 |
| BCE Bce Inc. | Add +59.9% | 0.06% | +0.02 |
| BKSY Blacksky Technology Inc. | Add +136.2% | 0.04% | +0.02 |
| GD General Dynamics Corp. | Add +0.4% | 0.23% | +0.02 |
| CL Colgate-Palmolive Co. | Add +0.9% | 0.20% | +0.02 |
| BTI British American Tob-SP ADR | Add +0.3% | 0.09% | +0.02 |
| BXSL Blackstone Secured Lending F | Add +9.0% | 0.11% | +0.01 |
| MPLX MPLX LP | Add +2.8% | 0.08% | +0.01 |
| TSCO Tractor Supply Company | Add +2.9% | 0.13% | +0.01 |
| ARCC Ares Capital Corp. | Add +1.2% | 0.18% | +0.01 |
| GGG Graco Inc. | Add +0.0% | 0.34% | +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 |