Lyell Wealth Management, LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Lyell Wealth Management, LP reported 200 stock positions worth $1.1 billion. Its top holding was Nvidia (NVDA) at 7.4% of the portfolio, followed by Apple (AAPL, 4.2%) and Amazon.com (AMZN, 3.2%). Compared with Q3 2024, it opened 4 new positions, sold out of 11, added to 70 and reduced 69. The biggest buy was Amazon.com (AMZN, shares +1%) and the biggest sale Target (TGT, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- MENLO PARK, CA
- CIK
- 0001686444
- Portfolio Value
- $1.1B (Q4 2024)
- SEC Filing
- 0001104659-25-008208 ↗ filed Feb 3, 2025
Holdings Value
Holdings 200 stocks · $1.1B
| NVDA Nvidia Corp. | 7.35% | 610,955 | $82.0M | Reduce -2.7% |
| AAPL Apple Inc. | 4.16% | 185,415 | $46.4M | Add +0.2% |
| AMZN Amazon.com Inc. | 3.18% | 161,680 | $35.5M | Add +0.9% |
| MSFT Microsoft Corp. | 2.99% | 79,191 | $33.4M | Add +0.6% |
| META Meta Platforms Inc. Class A | 2.60% | 49,469 | $29.0M | Add +0.7% |
| PANW Palo Alto Networks Inc. | 2.58% | 158,186 | $28.8M | Add +0.3% |
| NOW ServiceNow Inc. | 2.47% | 26,041 | $27.6M | Reduce -0.5% |
| GOOGL Alphabet Inc. Class A | 2.35% | 138,753 | $26.3M | Reduce -1.1% |
| COST Costco Wholesale Corp. | 2.23% | 27,179 | $24.9M | Add +0.5% |
| WDAY Workday Inc. Class A | 2.12% | 91,466 | $23.6M | Add +0.6% |
| JPM JPMorgan Chase & Co. | 1.94% | 90,055 | $21.6M | Add +0.2% |
| CRM Salesforce Inc. | 1.92% | 64,202 | $21.5M | Add +0.0% |
| INTU Intuit Inc. | 1.76% | 31,234 | $19.6M | Add +1.6% |
| ISRG Intuitive Surgical Inc. | 1.58% | 33,709 | $17.6M | Reduce -0.7% |
| HD Home Depot Inc. | 1.53% | 43,747 | $17.0M | Add +0.8% |
| SHOP Shopify Inc. Class A | 1.50% | 157,488 | $16.7M | Add +0.2% |
| GOOG Alphabet Inc. Class C | 1.44% | 84,331 | $16.1M | Reduce -17.9% |
| TMO Thermo Fisher Scientific Inc. | 1.39% | 29,768 | $15.5M | Add +1.4% |
| V Visa Inc. Class A | 1.37% | 48,337 | $15.3M | Add +0.6% |
| DHI D.R. Horton Inc. | 1.36% | 108,834 | $15.2M | Add +1.9% |
| SMH Vaneck Semiconductor ETF | 1.36% | 62,588 | $15.2M | Add +3.9% |
| CDNS Cadence Design SYS Inc. | 1.21% | 44,784 | $13.5M | Add +0.6% |
| ASML ASML Holding NV-NY Reg SHS | 1.18% | 19,024 | $13.2M | Add +5.4% |
| NFLX Netflix Inc. | 1.16% | 14,563 | $13.0M | Reduce -0.0% |
| CAT Caterpillar Inc. | 1.15% | 35,402 | $12.8M | Add +0.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.10% | 61,953 | $12.2M | Add +2.3% |
| SYK Stryker Corp. | 1.09% | 33,881 | $12.2M | Add +0.1% |
| MS Morgan Stanley | 1.09% | 96,300 | $12.1M | Add +1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.08% | 20,512 | $12.0M | Reduce -0.2% |
| APH Amphenol Corp. Class A | 1.05% | 168,057 | $11.7M | Add +1.8% |
| HON Honeywell International Inc. | 1.04% | 51,169 | $11.6M | Add +2.5% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 1.04% | 98,339 | $11.6M | Add +24.3% |
| LEN Lennar Corp. Class A | 1.02% | 83,161 | $11.3M | Add +5.8% |
| VEEV Veeva Systems Inc. Class A | 1.01% | 53,526 | $11.3M | Reduce -0.3% |
| ZTS Zoetis Inc. | 0.98% | 66,971 | $10.9M | Reduce -0.1% |
| AMD Advanced Micro Devices | 0.96% | 88,365 | $10.7M | Add +1.3% |
| UBER Uber Technologies Inc. | 0.88% | 163,102 | $9.8M | Add +19.8% |
| DLR Digital Realty Trust Inc. | 0.88% | 55,452 | $9.8M | Add +0.8% |
| GLD SPDR Gold Shares | 0.86% | 39,441 | $9.5M | Add +9.3% |
| EXTR Extreme Networks Inc. | 0.85% | 568,991 | $9.5M | Add +2.3% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.83% | 371,036 | $9.3M | Add +11.8% |
| SNOW Snowflake Inc. | 0.80% | 57,730 | $8.9M | Add +0.6% |
| IDXX Idexx Laboratories Inc. | 0.78% | 21,123 | $8.7M | Add +0.3% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.78% | 363,921 | $8.7M | Add +5.0% |
| WMT Walmart Inc. | 0.76% | 94,146 | $8.5M | Add +13.8% |
| XLE SS Energy Select Sector | 0.75% | 97,606 | $8.4M | Reduce -5.2% |
| ADBE Adobe Inc. | 0.75% | 18,791 | $8.4M | Reduce -2.7% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.74% | 331,018 | $8.2M | Add +7.4% |
| IBDR iShares Ibonds Dec 2026 Term | 0.74% | 341,272 | $8.2M | Add +4.7% |
| MA Mastercard Inc. Class A | 0.74% | 15,578 | $8.2M | Add +3.4% |
| UNP Union Pacific Corp. | 0.70% | 34,099 | $7.8M | Reduce -1.1% |
| IBDU iShares Ibonds Dec 2029 Term | 0.67% | 327,578 | $7.5M | Add +7.1% |
| XLI SS Industrial Select Sector | 0.63% | 53,753 | $7.1M | Reduce -0.1% |
| CVX Chevron Corp. | 0.62% | 47,753 | $6.9M | Reduce -8.4% |
| BR Broadridge Financial Solutio | 0.61% | 29,977 | $6.8M | Add +52.6% |
| ABT Abbott Laboratories | 0.58% | 57,438 | $6.5M | Reduce -0.5% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.58% | 302,673 | $6.5M | Add +12.7% |
| TMUS T-Mobile US Inc. | 0.55% | 27,607 | $6.1M | Add +2.5% |
| DE Deere & Co. | 0.54% | 14,212 | $6.0M | Reduce -1.4% |
| TOL Toll Brothers Inc. | 0.53% | 47,349 | $6.0M | Add +682.6% |
| GWRE Guidewire Software Inc. | 0.53% | 35,190 | $5.9M | Reduce -22.1% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.52% | 152,641 | $5.9M | Reduce -28.4% |
| BLK BlackRock Inc. | 0.51% | 5,569 | $5.7M | Reduce -0.5% |
| FCX Freeport-McMoran Inc. | 0.48% | 141,301 | $5.4M | Reduce -5.8% |
| IBDX iShares Ibonds Dec 2032 TC | 0.47% | 213,975 | $5.3M | Add +8.4% |
| NET Cloudflare Inc. Class A | 0.46% | 47,558 | $5.1M | Add +18.1% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.43% | 236,975 | $4.8M | Add +42.9% |
| DXCM Dexcom Inc. | 0.42% | 60,613 | $4.7M | Reduce -6.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.38% | 37,890 | $4.2M | Reduce -10.0% |
| XLV SS Health Care Select Sector | 0.36% | 29,518 | $4.1M | Reduce -7.7% |
| VRT Vertiv Holdings Co. Class A | 0.36% | 35,649 | $4.1M | Add +133.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 90,461 | $4.0M | Reduce -0.2% |
| AVGO Broadcom Inc. | 0.35% | 16,614 | $3.9M | Add +0.0% |
| LMT Lockheed Martin Corp. | 0.34% | 7,782 | $3.8M | Reduce -18.8% |
| IVV iShares Core S&P 500 ETF | 0.34% | 6,352 | $3.7M | No change |
| NKE Nike Inc. Class B | 0.33% | 49,140 | $3.7M | Reduce -13.8% |
| XLK SS Technology Select Sector | 0.32% | 15,408 | $3.6M | Add +11.3% |
| NOC Northrop Grumman Corp. | 0.32% | 7,567 | $3.6M | Reduce -20.9% |
| PRCT Procept Biorobotics Corp. | 0.30% | 41,930 | $3.4M | Reduce -15.6% |
| RSP Invesco S&P 500 Equal Weight | 0.29% | 18,769 | $3.3M | Reduce -3.6% |
| COP Conocophillips | 0.29% | 32,183 | $3.2M | Reduce -31.2% |
| BALL Ball Corp. | 0.27% | 55,624 | $3.1M | Add +1.8% |
| IWM iShares Russell 2000 ETF | 0.27% | 13,822 | $3.1M | Reduce -23.7% |
| IJH iShares Core S&P Midcap ETF | 0.27% | 48,785 | $3.0M | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.27% | 6,673 | $3.0M | Add +2.8% |
| IBB iShares Biotechnology ETF | 0.27% | 22,872 | $3.0M | Add +2.7% |
| PWR Quanta Services Inc. | 0.27% | 9,518 | $3.0M | New |
| CRVL Corvel Corp. | 0.25% | 25,398 | $2.8M | Reduce -5.5% |
| TIP iShares Tips Bond ETF | 0.24% | 25,054 | $2.7M | Reduce -5.0% |
| CCI Crown Castle Inc. | 0.23% | 27,707 | $2.5M | Reduce -31.3% |
| TEAM Atlassian Corp. Class A | 0.22% | 9,967 | $2.4M | Reduce -21.2% |
| IJR iShares Core S&P Small-Cap E | 0.21% | 19,891 | $2.3M | Add +175.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.19% | 4,238 | $2.2M | Reduce -4.0% |
| PEP Pepsico Inc. | 0.19% | 13,822 | $2.1M | Reduce -54.9% |
| XOM Exxon Mobil Corp. | 0.18% | 18,657 | $2.0M | Add +11.9% |
| LLY Eli Lilly & Co. | 0.18% | 2,532 | $2.0M | Add +2.1% |
| DASH DoorDash Inc. Class A | 0.17% | 11,267 | $1.9M | No change |
| TSLA Tesla Inc. | 0.17% | 4,644 | $1.9M | Reduce -18.7% |
| XBI SS SPDR S&P Biotech ETF | 0.16% | 20,094 | $1.8M | Reduce -4.6% |
| RDDT Reddit Inc. Class A | 0.16% | 10,737 | $1.8M | Add +37.0% |
Portfolio Sells Q3 2024 → Q4 2024
| TGT Target Corp. | Reduce -68.8% | 0.13% | −0.36 |
| SLB SLB Ltd. | Reduce -28.4% | 0.52% | −0.29 |
| UNH Unitedhealth Group Inc. | Reduce -59.2% | 0.15% | −0.29 |
| PEP Pepsico Inc. | Reduce -54.9% | 0.19% | −0.29 |
| CI The Cigna Group | Reduce -73.4% | 0.07% | −0.28 |
| IBDP iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.28 |
| GWRE Guidewire Software Inc. | Reduce -22.1% | 0.53% | −0.22 |
| ZTS Zoetis Inc. | Reduce -0.1% | 0.98% | −0.21 |
| CCI Crown Castle Inc. | Reduce -31.3% | 0.23% | −0.21 |
| FCX Freeport-McMoran Inc. | Reduce -5.8% | 0.48% | −0.20 |
| LMT Lockheed Martin Corp. | Reduce -18.8% | 0.34% | −0.17 |
| COP Conocophillips | Reduce -31.2% | 0.29% | −0.16 |
| ADBE Adobe Inc. | Reduce -2.7% | 0.75% | −0.16 |
| NOC Northrop Grumman Corp. | Reduce -20.9% | 0.32% | −0.14 |
| NKE Nike Inc. Class B | Reduce -13.8% | 0.33% | −0.12 |
| GOOG Alphabet Inc. Class C | Reduce -17.9% | 1.44% | −0.12 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.11 |
| OIH Vaneck Oil Services ETF | Reduce -53.3% | 0.08% | −0.10 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.09 |
| IWM iShares Russell 2000 ETF | Reduce -23.7% | 0.27% | −0.09 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -64.9% | 0.03% | −0.09 |
| XLV SS Health Care Select Sector | Reduce -7.7% | 0.36% | −0.08 |
| CVX Chevron Corp. | Reduce -8.4% | 0.62% | −0.08 |
| UNP Union Pacific Corp. | Reduce -1.1% | 0.70% | −0.08 |
| EFA iShares MSCI Eafe ETF | Reduce -24.7% | 0.15% | −0.07 |
| XLE SS Energy Select Sector | Reduce -5.2% | 0.75% | −0.07 |
| PRCT Procept Biorobotics Corp. | Reduce -15.6% | 0.30% | −0.06 |
| ZM Zoom Communications Inc. | Sold out | 0.00% | −0.04 |
| GNRC Generac Holdings Inc. | Sold out | 0.00% | −0.03 |
| EEM iShares MSCI Emerging Market | Reduce -13.7% | 0.11% | −0.03 |
| XLI SS Industrial Select Sector | Reduce -0.1% | 0.63% | −0.03 |
| XBI SS SPDR S&P Biotech ETF | Reduce -4.6% | 0.16% | −0.03 |
| TIP iShares Tips Bond ETF | Reduce -5.0% | 0.24% | −0.03 |
| SBUX Starbucks Corp. | Reduce -8.1% | 0.14% | −0.03 |
| VOO Vanguard S&P 500 ETF | Reduce -17.1% | 0.12% | −0.02 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.02 |
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −0.02 |
| RSP Invesco S&P 500 Equal Weight | Reduce -3.6% | 0.29% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -55.0% | 0.02% | −0.02 |
| WY Weyerhaeuser Co. | Sold out | 0.00% | −0.02 |
| SCHB Schwab US Broad Market ETF | Sold out | 0.00% | −0.02 |
| TEX Terex Corp. | Sold out | 0.00% | −0.02 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.02 |
| ABT Abbott Laboratories | Reduce -0.5% | 0.58% | −0.02 |
| SWK Stanley Black & Decker Inc. | Reduce -12.3% | 0.03% | −0.02 |
| VEEV Veeva Systems Inc. Class A | Reduce -0.3% | 1.01% | −0.02 |
| CRVL Corvel Corp. | Reduce -5.5% | 0.25% | −0.01 |
| XLP SS Consumer Staples Sel Sect | Reduce -23.4% | 0.03% | −0.01 |
| IQV Iqvia Holdings Inc. | Reduce -12.3% | 0.03% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Reduce -8.8% | 0.06% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | Add +0.9% | 3.18% | +0.47 |
| TOL Toll Brothers Inc. | Add +682.6% | 0.53% | +0.45 |
| SHOP Shopify Inc. Class A | Add +0.2% | 1.50% | +0.36 |
| CRM Salesforce Inc. | Add +0.0% | 1.92% | +0.33 |
| PWR Quanta Services Inc. | New | 0.27% | +0.27 |
| TTD Trade Desk Inc./the Class A | Add +24.3% | 1.04% | +0.25 |
| AAPL Apple Inc. | Add +0.2% | 4.16% | +0.24 |
| VRT Vertiv Holdings Co. Class A | Add +133.5% | 0.36% | +0.22 |
| BR Broadridge Financial Solutio | Add +52.6% | 0.61% | +0.22 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 1.94% | +0.21 |
| SNOW Snowflake Inc. | Add +0.6% | 0.80% | +0.20 |
| MS Morgan Stanley | Add +1.2% | 1.09% | +0.18 |
| V Visa Inc. Class A | Add +0.6% | 1.37% | +0.17 |
| NET Cloudflare Inc. Class A | Add +18.1% | 0.46% | +0.16 |
| WMT Walmart Inc. | Add +13.8% | 0.76% | +0.15 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.3% | 1.10% | +0.14 |
| IJR iShares Core S&P Small-Cap E | Add +175.9% | 0.21% | +0.13 |
| PANW Palo Alto Networks Inc. | Add +0.3% | 2.58% | +0.13 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +42.9% | 0.43% | +0.11 |
| RDDT Reddit Inc. Class A | Add +37.0% | 0.16% | +0.11 |
| CDNS Cadence Design SYS Inc. | Add +0.6% | 1.21% | +0.11 |
| HON Honeywell International Inc. | Add +2.5% | 1.04% | +0.10 |
| WDAY Workday Inc. Class A | Add +0.6% | 2.12% | +0.09 |
| EXTR Extreme Networks Inc. | Add +2.3% | 0.85% | +0.09 |
| AVGO Broadcom Inc. | Add +0.0% | 0.35% | +0.08 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +11.8% | 0.83% | +0.08 |
| DLR Digital Realty Trust Inc. | Add +0.8% | 0.88% | +0.07 |
| APH Amphenol Corp. Class A | Add +1.8% | 1.05% | +0.07 |
| MA Mastercard Inc. Class A | Add +3.4% | 0.74% | +0.06 |
| GLD SPDR Gold Shares | Add +9.3% | 0.86% | +0.06 |
| COST Costco Wholesale Corp. | Add +0.5% | 2.23% | +0.05 |
| TMUS T-Mobile US Inc. | Add +2.5% | 0.55% | +0.04 |
| META Meta Platforms Inc. Class A | Add +0.7% | 2.60% | +0.04 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +12.7% | 0.58% | +0.04 |
| XLK SS Technology Select Sector | Add +11.3% | 0.32% | +0.04 |
| INTU Intuit Inc. | Add +1.6% | 1.76% | +0.02 |
| JCI Johnson Controls Internation | New | 0.02% | +0.02 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +7.4% | 0.74% | +0.02 |
| IWD iShares Russell 1000 Value E | New | 0.02% | +0.02 |
| IWF iShares Russell 1000 Growth | Add +15.2% | 0.12% | +0.02 |
| ANET Arista Networks Inc. | New | 0.02% | +0.02 |
| XLF SS Financial Select Sector | Add +15.5% | 0.11% | +0.02 |
| IBDR iShares Ibonds Dec 2026 Term | Add +4.7% | 0.74% | +0.02 |
| IBDU iShares Ibonds Dec 2029 Term | Add +7.1% | 0.67% | +0.02 |
| SMH Vaneck Semiconductor ETF | Add +3.9% | 1.36% | +0.01 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +5.0% | 0.78% | +0.01 |
| AXP American Express Co. | Add +2.4% | 0.11% | +0.01 |
| IBDX iShares Ibonds Dec 2032 TC | Add +8.4% | 0.47% | +0.01 |
| IGV iShares Expanded Tech-Softwa | Add +13.9% | 0.04% | +0.01 |
| ITB iShares U.S. Home Constructi | Add +41.4% | 0.04% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 232 | $1.6B | NVDA, GOOG, GOOGL, PANW, AAPL |
| Q1 2026 | 216 | $1.4B | NVDA, GOOG, GOOGL, AAPL, AMZN |
| Q4 2025 | 213 | $1.4B | NVDA, GOOGL, AAPL, MSFT, AMZN |
| Q3 2025 | 211 | $1.3B | NVDA, AAPL, MSFT, META, AMZN |
| Q2 2025 | 219 | $1.3B | NVDA, MSFT, META, AAPL, AMZN |
| Q1 2025 | 202 | $1.1B | NVDA, AAPL, MSFT, AMZN, META |
| Q4 2024 | 200 | $1.1B | NVDA, AAPL, AMZN, MSFT, META |
| Q3 2024 | 207 | $1.1B | NVDA, AAPL, MSFT, AMZN, META |
| Q2 2024 | 199 | $1.0B | NVDA, AAPL, MSFT, AMZN, PANW |
| Q1 2024 | 197 | $983.5M | NVDA, MSFT, AAPL, AMZN, WDAY |