Matrix Asset Advisors Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 15, 2024), Matrix Asset Advisors Inc. reported 100 stock positions worth $836.5 million. Its top holding was Microsoft (MSFT) at 7.2% of the portfolio, followed by JPMorgan Chase (JPM, 4.4%) and Qualcomm (QCOM, 3.7%). Compared with Q4 2023, it opened 4 new positions, sold out of 3, added to 37 and reduced 38. The biggest buy was American Electric Power (AEP, shares +43%) and the biggest sale an exit from Air Products & Chemicals (APD).

Most Recent 13F
Q2 2026
Location
White Plains, NY
CIK
0001016287
Portfolio Value
$836.5M (Q1 2024)
SEC Filing
0001172661-24-001849 ↗ filed Apr 15, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $836.5M $836.5M Q1 2024 Q2 2024: $837.5M Q2 2024 Q3 2024: $899.1M Q3 2024 Q4 2024: $915.7M Q4 2024 Q1 2025: $906.3M Q1 2025 Q2 2025: $988.3M Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 100 stocks · $836.5M
MSFT Microsoft Corp. 7.19% 142,956 $60.1M Reduce -1.4%
JPM JPMorgan Chase & Co. 4.41% 184,245 $36.9M Reduce -11.5%
QCOM Qualcomm Inc. 3.71% 183,356 $31.0M Reduce -9.7%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 3.63% 526,456 $30.3M Reduce -1.9%
CMCSA Comcast Corp. Class A 3.46% 668,512 $29.0M Add +5.2%
MS Morgan Stanley 3.44% 305,900 $28.8M Reduce -0.2%
PNC PNC Financial Services Group 3.44% 178,060 $28.8M Add +2.5%
USB US Bancorp 3.34% 624,294 $27.9M Add +8.1%
ABBV Abbvie Inc. 3.11% 142,956 $26.0M Reduce -13.1%
CSCO Cisco Systems Inc. 3.02% 505,833 $25.2M Add +1.6%
GOOG Alphabet Inc. Class C 3.00% 164,655 $25.1M Reduce -3.0%
AAPL Apple Inc. 2.86% 139,292 $23.9M Add +0.3%
GILD Gilead Sciences Inc. 2.73% 311,545 $22.8M Add +4.8%
CVS CVS Health Corp. 2.71% 283,744 $22.6M Reduce -2.5%
AMZN Amazon.com Inc. 2.66% 123,524 $22.3M Reduce -2.7%
META Meta Platforms Inc. Class A 2.43% 41,787 $20.3M Reduce -12.5%
AEP American Electric Power 2.40% 233,394 $20.1M Add +42.8%
GS Goldman Sachs Group Inc. 2.04% 40,779 $17.0M Reduce -3.0%
HD Home Depot Inc. 1.95% 42,598 $16.3M Reduce -1.6%
MDT Medtronic PLC 1.90% 182,221 $15.9M Add +7.9%
TXN Texas Instruments Inc. 1.86% 89,170 $15.5M Add +18.6%
PYPL PayPal Holdings Inc. 1.81% 225,847 $15.1M Add +14.3%
NEE Nextera Energy Inc. 1.77% 232,039 $14.8M Add +23.5%
FDX FedEx Corp. 1.74% 50,349 $14.6M Add +28.1%
UNP Union Pacific Corp. 1.74% 59,115 $14.5M Add +0.3%
TEL Te Connectivity Ltd. 1.67% 96,199 $14.0M Reduce -2.5%
WFC Wells Fargo & Co. 1.66% 239,930 $13.9M Reduce -2.1%
MTB M & T Bank Corp. filed as M & T BK CORP 1.61% 92,709 $13.5M Add +0.2%
ZBH Zimmer Biomet Holdings Inc. 1.58% 100,181 $13.2M Reduce -1.9%
LHX L3HARRIS Technologies Inc. 1.51% 59,103 $12.6M Reduce -5.6%
SBUX Starbucks Corp. 1.50% 137,082 $12.5M Add +25.5%
UNH Unitedhealth Group Inc. 1.48% 24,983 $12.4M Add +32.5%
TMO Thermo Fisher Scientific Inc. 1.46% 21,011 $12.2M Reduce -4.3%
AMGN Amgen Inc. 1.40% 41,223 $11.7M Reduce -2.2%
GD General Dynamics Corp. 1.19% 35,127 $9.9M Reduce -2.9%
VOO Vanguard S&P 500 ETF 1.06% 18,468 $8.9M Add +26.8%
PFE Pfizer Inc. 0.92% 277,879 $7.7M Add +33.3%
VEA Vanguard Ftse Developed ETF 0.84% 140,280 $7.0M Add +14.9%
RTX RTX Corp. 0.83% 70,973 $6.9M Add +29.0%
VYM Vanguard High DVD Yield ETF 0.80% 55,642 $6.7M Add +2.5%
BDX Becton Dickinson and Co. 0.77% 25,958 $6.4M Reduce -7.5%
DUK Duke Energy Corp. 0.75% 65,230 $6.3M Add +339.3%
FISV Fiserv Inc. 0.72% 37,798 $6.0M Reduce -50.0%
IWF iShares Russell 1000 Growth 0.68% 16,753 $5.6M Add +9.5%
PARAA Paramount Global Class B 0.50% 355,859 $4.2M Add +2.1%
IWR iShares Russell Mid-Cap ETF 0.40% 40,036 $3.4M Add +30.3%
TSN Tyson Foods Inc. Class A 0.38% 53,484 $3.1M New
MDY State Street SPDR S&P Midcap 0.35% 5,275 $2.9M Reduce -4.1%
IJR iShares Core S&P Small-Cap E 0.31% 23,157 $2.6M Add +47.6%
IWM iShares Russell 2000 ETF 0.26% 10,532 $2.2M Reduce -1.1%
TCHP T Rowe Price Blue Chip Growt 0.23% 55,415 $2.0M Add +15.7%
PEP Pepsico Inc. 0.18% 8,686 $1.5M New
VWO Vanguard Ftse Emerging Marke 0.18% 36,027 $1.5M Add +8.5%
EFA iShares MSCI Eafe ETF 0.14% 15,133 $1.2M Add +0.6%
BRK.B Berkshire Hathaway Inc. Class B 0.14% 2,749 $1.2M Add +0.2%
IVV iShares Core S&P 500 ETF 0.13% 2,109 $1.1M Add +0.4%
VUG Vanguard Mrngstar GR ETF-Sui 0.13% 3,049 $1.0M No change
VTI VG Morningstar TS MKT ETF-US 0.11% 3,417 $888K No change
IWD iShares Russell 1000 Value E 0.10% 4,800 $860K Add +33.8%
GLD SPDR Gold Shares 0.10% 3,966 $816K No change
AXP American Express Co. 0.09% 3,228 $735K No change
NVDA Nvidia Corp. 0.08% 760 $687K No change
VIG Vanguard Dividend Apprec ETF 0.08% 3,619 $661K Add +0.9%
AFL Aflac Inc. 0.06% 6,201 $532K No change
JNJ Johnson & Johnson 0.06% 3,345 $529K Reduce -1.9%
XOM Exxon Mobil Corp. 0.06% 4,342 $505K Reduce -4.2%
SDY SS SPDR S&P Dividend ETF 0.06% 3,845 $505K No change
QQQ Invesco QQQ Trust Series 1 0.06% 1,089 $484K Add +1.4%
SPYX SS SPDR S&P 500 Foss FL ETF 0.05% 10,372 $444K Reduce -2.3%
DHR Danaher Corp. 0.05% 1,703 $425K No change
COST Costco Wholesale Corp. 0.05% 547 $401K No change
MRK Merck & Co. Inc. 0.05% 2,862 $378K Reduce -12.9%
GOOGL Alphabet Inc. Class A 0.04% 2,465 $372K No change
COF Capital One Financial Corp. 0.04% 2,414 $359K No change
PG The Procter & Gamble Co. 0.04% 2,132 $346K Reduce -9.0%
BMY Bristol-Myers Squibb Co. 0.04% 5,549 $301K Add +2.0%
MCD McDonald's Corp. 0.04% 1,067 $301K Reduce -5.8%
INTU Intuit Inc. 0.04% 450 $293K No change
WMT Walmart Inc. 0.03% 4,841 $291K Reduce -5.9%
ACN Accenture PLC Class A 0.03% 815 $282K No change
V Visa Inc. Class A 0.03% 994 $277K Add +0.1%
ESGD iShares Trust iShares ESG Aw 0.03% 3,441 $275K Reduce -2.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.03% 7,111 $270K Reduce -3.9%
ETN Eaton Corp. PLC 0.03% 842 $263K No change
XLK SS Technology Select Sector 0.03% 1,230 $256K No change
LBAI Lakeland Bancorp Inc. 0.03% 20,876 $253K No change
VB Vanguard Most SM-Cap ETF-Usd 0.03% 1,078 $246K No change
IEMG iShares Core MSCI Emerging 0.03% 4,723 $244K Reduce -20.2%
SPYG SS SPDR P S&P 500 Growth ETF 0.03% 3,212 $235K No change
CGEN Compugen Ltd. 0.03% 90,833 $234K Reduce -17.2%
CL Colgate-Palmolive Co. 0.03% 2,600 $234K Reduce -1.9%
LLY Eli Lilly & Co. 0.03% 297 $231K New
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.03% 888 $222K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.03% 1,353 $220K Reduce -2.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.03% 1,117 $213K Reduce -23.2%
BA The Boeing Co. 0.03% 1,094 $211K Reduce -3.7%
IWB iShares Russell 1000 ETF 0.02% 721 $208K New
NKE Nike Inc. Class B 0.02% 2,139 $201K No change
SKYX SKYX Platforms Corp. 0.01% 65,000 $85K Add +333.3%
MRKR Marker Therapeutics Inc. 0.01% 15,000 $65K No change

Portfolio Sells Q4 2023 → Q1 2024
APD Air Products & Chemicals Inc. Sold out 0.00% −2.13
EBAY eBay Inc. Sold out 0.00% −0.60
FISV Fiserv Inc. Reduce -50.0% 0.72% −0.55
CVS CVS Health Corp. Reduce -2.5% 2.71% −0.22
MS Morgan Stanley Reduce -0.2% 3.44% −0.19
LHX L3HARRIS Technologies Inc. Reduce -5.6% 1.51% −0.17
AMGN Amgen Inc. Reduce -2.2% 1.40% −0.14
ABBV Abbvie Inc. Reduce -13.1% 3.11% −0.13
BDX Becton Dickinson and Co. Reduce -7.5% 0.77% −0.10
JPM JPMorgan Chase & Co. Reduce -11.5% 4.41% −0.09
TEL Te Connectivity Ltd. Reduce -2.5% 1.67% −0.09
GOOG Alphabet Inc. Class C Reduce -3.0% 3.00% −0.05
QCOM Qualcomm Inc. Reduce -9.7% 3.71% −0.03
GS Goldman Sachs Group Inc. Reduce -3.0% 2.04% −0.03
TSLA Tesla Inc. Sold out 0.00% −0.03
TMO Thermo Fisher Scientific Inc. Reduce -4.3% 1.46% −0.02
BA The Boeing Co. Reduce -3.7% 0.03% −0.01
GD General Dynamics Corp. Reduce -2.9% 1.19% −0.01
IEMG iShares Core MSCI Emerging Reduce -20.2% 0.03% −0.01
IWM iShares Russell 2000 ETF Reduce -1.1% 0.26% −0.01
MCD McDonald's Corp. Reduce -5.8% 0.04% −0.01
IBM Intl Business Machines Corp. Reduce -23.2% 0.03% −0.00
JNJ Johnson & Johnson Reduce -1.9% 0.06% −0.00
MDY State Street SPDR S&P Midcap Reduce -4.1% 0.35% −0.00
PG The Procter & Gamble Co. Reduce -9.0% 0.04% −0.00
ZBH Zimmer Biomet Holdings Inc. Reduce -1.9% 1.58% −0.00
ESGD iShares Trust iShares ESG Aw Reduce -2.9% 0.03% −0.00
MRK Merck & Co. Inc. Reduce -12.9% 0.05% −0.00
VTV Vanguard Mrngstr Val ETF-Aui Reduce -2.1% 0.03% +0.00
WMT Walmart Inc. Reduce -5.9% 0.03% +0.00
CGEN Compugen Ltd. Reduce -17.2% 0.03% +0.00
BAC Bank of America Corp. Reduce -3.9% 0.03% +0.00
SPYX SS SPDR S&P 500 Foss FL ETF Reduce -2.3% 0.05% +0.00
CL Colgate-Palmolive Co. Reduce -1.9% 0.03% +0.00
XOM Exxon Mobil Corp. Reduce -4.2% 0.06% +0.00
HD Home Depot Inc. Reduce -1.6% 1.95% +0.04
BNY Bank of New York Mellon Corp. Reduce -1.9% 3.63% +0.07
WFC Wells Fargo & Co. Reduce -2.1% 1.66% +0.13
AMZN Amazon.com Inc. Reduce -2.7% 2.66% +0.21
MSFT Microsoft Corp. Reduce -1.4% 7.19% +0.25
META Meta Platforms Inc. Class A Reduce -12.5% 2.43% +0.28

Portfolio Buys Q4 2023 → Q1 2024
AEP American Electric Power Add +42.8% 2.40% +0.71
DUK Duke Energy Corp. Add +339.3% 0.75% +0.57
FDX FedEx Corp. Add +28.1% 1.74% +0.48
TSN Tyson Foods Inc. Class A New 0.38% +0.38
NEE Nextera Energy Inc. Add +23.5% 1.77% +0.32
PYPL PayPal Holdings Inc. Add +14.3% 1.81% +0.27
VOO Vanguard S&P 500 ETF Add +26.8% 1.06% +0.25
RTX RTX Corp. Add +29.0% 0.83% +0.24
TXN Texas Instruments Inc. Add +18.6% 1.86% +0.23
UNH Unitedhealth Group Inc. Add +32.5% 1.48% +0.21
PEP Pepsico Inc. New 0.18% +0.18
SBUX Starbucks Corp. Add +25.5% 1.50% +0.16
PFE Pfizer Inc. Add +33.3% 0.92% +0.16
USB US Bancorp Add +8.1% 3.34% +0.16
MDT Medtronic PLC Add +7.9% 1.90% +0.13
IWR iShares Russell Mid-Cap ETF Add +30.3% 0.40% +0.10
VEA Vanguard Ftse Developed ETF Add +14.9% 0.84% +0.10
IJR iShares Core S&P Small-Cap E Add +47.6% 0.31% +0.09
IWF iShares Russell 1000 Growth Add +9.5% 0.68% +0.08
TCHP T Rowe Price Blue Chip Growt Add +15.7% 0.23% +0.05
VYM Vanguard High DVD Yield ETF Add +2.5% 0.80% +0.03
LLY Eli Lilly & Co. New 0.03% +0.03
IWD iShares Russell 1000 Value E Add +33.8% 0.10% +0.03
IWB iShares Russell 1000 ETF New 0.02% +0.02
PNC PNC Financial Services Group Add +2.5% 3.44% +0.02
BRK.B Berkshire Hathaway Inc. Class B Add +0.2% 0.14% +0.01
SKYX SKYX Platforms Corp. Add +333.3% 0.01% +0.01
VWO Vanguard Ftse Emerging Marke Add +8.5% 0.18% +0.01
IVV iShares Core S&P 500 ETF Add +0.4% 0.13% +0.00
QQQ Invesco QQQ Trust Series 1 Add +1.4% 0.06% +0.00
VIG Vanguard Dividend Apprec ETF Add +0.9% 0.08% +0.00
BMY Bristol-Myers Squibb Co. Add +2.0% 0.04% +0.00
EFA iShares MSCI Eafe ETF Add +0.6% 0.14% +0.00
V Visa Inc. Class A Add +0.1% 0.03% +0.00
MTB M & T Bank Corp. Add +0.2% 1.61% −0.00
CMCSA Comcast Corp. Class A Add +5.2% 3.46% −0.08
UNP Union Pacific Corp. Add +0.3% 1.74% −0.10
PARAA Paramount Global Class B Add +2.1% 0.50% −0.16
CSCO Cisco Systems Inc. Add +1.6% 3.02% −0.18
GILD Gilead Sciences Inc. Add +4.8% 2.73% −0.34
AAPL Apple Inc. Add +0.3% 2.86% −0.55

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 106$1.2BMSFT, MAVF, GOOG, PNC, QCOM
Q1 2026 105$1.1BMSFT, MAVF, GOOG, PNC, JPM
Q4 2025 107$1.1BMSFT, MAVF, GOOG, MS, JPM
Q3 2025 107$1.1BMSFT, MAVF, JPM, MS, GOOG
Q2 2025Amended 108$988.3MMSFT, MAVF, JPM, MS, PNC
Q1 2025 105$906.3MMSFT, MAVF, JPM, BNY, MDT
Q4 2024 110$915.7MMSFT, JPM, BNY, AAPL, MS
Q3 2024 102$899.1MMSFT, BNY, JPM, AAPL, PNC
Q2 2024 101$837.5MMSFT, JPM, BNY, GOOG, MS
Q1 2024 100$836.5MMSFT, JPM, QCOM, BNY, CMCSA