Matrix Asset Advisors Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 22, 2025), Matrix Asset Advisors Inc. reported 110 stock positions worth $915.7 million. Its top holding was Microsoft (MSFT) at 6.5% of the portfolio, followed by JPMorgan Chase (JPM, 4.2%) and Bank of New York Mellon (BNY, 4.1%). Compared with Q3 2024, it opened 9 new positions, sold out of 1, added to 45 and reduced 38. The biggest buy was Amgen (AMGN, shares +96%) and the biggest sale Becton Dickinson and (BDX, shares −87%).

Most Recent 13F
Q2 2026
Location
White Plains, NY
CIK
0001016287
Portfolio Value
$915.7M (Q4 2024)
SEC Filing
0001172661-25-000313 ↗ filed Jan 22, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $836.5M Q1 2024 Q2 2024: $837.5M Q2 2024 Q3 2024: $899.1M Q3 2024 Q4 2024: $915.7M $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 110 stocks · $915.7M
MSFT Microsoft Corp. 6.50% 141,099 $59.5M Reduce -0.1%
JPM JPMorgan Chase & Co. 4.24% 161,806 $38.8M Reduce -3.0%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 4.11% 489,288 $37.6M Reduce -4.9%
AAPL Apple Inc. 3.90% 142,768 $35.8M Add +1.5%
MS Morgan Stanley 3.85% 280,424 $35.3M Reduce -7.0%
PNC PNC Financial Services Group 3.55% 168,547 $32.5M Reduce -3.9%
CSCO Cisco Systems Inc. 3.53% 545,864 $32.3M Reduce -4.9%
GOOG Alphabet Inc. Class C 3.37% 162,225 $30.9M Reduce -1.0%
USB US Bancorp 3.25% 621,618 $29.7M Reduce -0.6%
CMCSA Comcast Corp. Class A 2.98% 726,705 $27.3M Reduce -0.6%
QCOM Qualcomm Inc. 2.92% 174,254 $26.8M Add +3.9%
AMZN Amazon.com Inc. 2.89% 120,742 $26.5M Reduce -0.5%
MDT Medtronic PLC 2.83% 323,955 $25.9M Add +5.1%
AMGN Amgen Inc. 2.65% 93,022 $24.2M Add +96.0%
META Meta Platforms Inc. Class A 2.43% 37,968 $22.2M Reduce -6.2%
AEP American Electric Power 2.31% 229,614 $21.2M Reduce -0.2%
GS Goldman Sachs Group Inc. 2.15% 34,316 $19.7M Reduce -5.0%
SBUX Starbucks Corp. 2.06% 206,469 $18.8M Reduce -1.7%
ABBV Abbvie Inc. 2.02% 104,029 $18.5M Add +2.7%
PYPL PayPal Holdings Inc. 2.00% 214,063 $18.3M Reduce -4.6%
HD Home Depot Inc. 1.94% 45,568 $17.7M Reduce -0.9%
NEE Nextera Energy Inc. 1.82% 232,315 $16.7M Add +1.0%
TXN Texas Instruments Inc. 1.79% 87,455 $16.4M Add +0.1%
MTB M & T Bank Corp. filed as M & T BK CORP 1.78% 86,822 $16.3M Reduce -5.5%
WFC Wells Fargo & Co. 1.74% 226,756 $15.9M Reduce -4.5%
UNP Union Pacific Corp. 1.71% 68,721 $15.7M Add +1.2%
GILD Gilead Sciences Inc. 1.65% 163,338 $15.1M Reduce -10.1%
FDX FedEx Corp. 1.52% 49,524 $13.9M Reduce -1.1%
TEL Te Connectivity PLC 1.45% 92,655 $13.2M Reduce -1.2%
LHX L3HARRIS Technologies Inc. 1.29% 56,323 $11.8M Reduce -1.6%
VOO Vanguard S&P 500 ETF 1.18% 20,109 $10.8M Add +4.1%
TMO Thermo Fisher Scientific Inc. 1.11% 19,456 $10.1M Reduce -1.5%
VEA Vanguard Ftse Developed ETF 1.08% 207,181 $9.9M Add +14.8%
PEP Pepsico Inc. 1.07% 64,477 $9.8M Add +104.7%
TSN Tyson Foods Inc. Class A 1.05% 167,977 $9.6M Add +0.1%
ZBH Zimmer Biomet Holdings Inc. 1.04% 90,227 $9.5M Reduce -9.3%
VYM Vanguard High DVD Yield ETF 0.96% 69,204 $8.8M Add +5.3%
UNH Unitedhealth Group Inc. 0.96% 17,411 $8.8M Reduce -29.0%
RTX RTX Corp. 0.88% 69,897 $8.1M Reduce -0.7%
IWF iShares Russell 1000 Growth 0.88% 20,107 $8.1M Add +3.6%
GD General Dynamics Corp. 0.74% 25,571 $6.7M Add +0.5%
PFE Pfizer Inc. 0.73% 253,278 $6.7M Reduce -13.1%
FISV Fiserv Inc. 0.70% 31,264 $6.4M Reduce -13.1%
DG Dollar General Corp. 0.67% 81,217 $6.2M New
BRK.B Berkshire Hathaway Inc. Class B 0.62% 12,567 $5.7M Add +353.0%
IJR iShares Core S&P Small-Cap E 0.53% 42,211 $4.9M Add +17.2%
IWR iShares Russell Mid-Cap ETF 0.53% 54,406 $4.8M Add +8.9%
MDY State Street SPDR S&P Midcap 0.41% 6,566 $3.7M Add +0.8%
LOW Lowe's Cos Inc. 0.39% 14,381 $3.5M Reduce -0.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.31% 63,801 $2.8M Add +912.5%
TCHP T Rowe Price Blue Chip Growt 0.28% 60,480 $2.5M Add +1.9%
IWM iShares Russell 2000 ETF 0.26% 10,622 $2.3M Add +0.2%
IVV iShares Core S&P 500 ETF 0.21% 3,266 $1.9M Add +0.4%
VWO Vanguard Ftse Emerging Marke 0.21% 43,225 $1.9M Add +7.6%
HUM Humana Inc. 0.18% 6,598 $1.7M New
VUG Vanguard Mrngstar GR ETF-Sui 0.14% 3,136 $1.3M Reduce -0.5%
IWD iShares Russell 1000 Value E 0.13% 6,630 $1.2M Add +0.4%
NVDA Nvidia Corp. 0.13% 8,767 $1.2M Reduce -0.5%
EFA iShares MSCI Eafe ETF 0.13% 15,313 $1.2M Add +0.2%
BDX Becton Dickinson and Co. 0.12% 4,679 $1.1M Reduce -86.7%
VTI VG Morningstar TS MKT ETF-US 0.11% 3,417 $990K No change
AXP American Express Co. 0.10% 3,187 $946K Reduce -0.8%
VTV Vanguard Mrngstr Val ETF-Aui 0.10% 5,486 $929K Add +41.5%
COST Costco Wholesale Corp. 0.09% 894 $819K Add +64.3%
SPYX SS SPDR S&P 500 Foss FL ETF 0.07% 14,054 $677K Add +19.3%
VIG Vanguard Dividend Apprec ETF 0.07% 3,455 $677K Add +0.1%
QQQ Invesco QQQ Trust Series 1 0.07% 1,275 $652K Add +2.0%
AFL Aflac Inc. 0.07% 6,201 $641K No change
ACN Accenture PLC Class A 0.06% 1,655 $582K Add +105.6%
GOOGL Alphabet Inc. Class A 0.06% 2,986 $565K Reduce -2.5%
SDY SS SPDR S&P Dividend ETF 0.06% 3,852 $509K Add +0.1%
ESGD iShares Trust iShares ESG Aw 0.05% 6,563 $500K Add +54.1%
JNJ Johnson & Johnson 0.05% 3,375 $488K No change
XOM Exxon Mobil Corp. 0.05% 4,417 $475K Add +0.2%
ETN Eaton Corp. PLC 0.05% 1,342 $445K Add +59.4%
INTU Intuit Inc. 0.05% 700 $440K Add +55.6%
WMT Walmart Inc. 0.05% 4,841 $437K No change
COF Capital One Financial Corp. 0.05% 2,414 $430K No change
DCGO Docgo Inc. 0.05% 100,000 $424K New
DHR Danaher Corp. 0.04% 1,703 $391K No change
PG The Procter & Gamble Co. 0.04% 2,185 $366K Add +0.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.04% 1,332 $352K Add +34.7%
TSLA Tesla Inc. 0.04% 833 $336K No change
ADP Automatic Data Processing 0.03% 1,090 $319K New
NUE Nucor Corp. 0.03% 2,698 $315K No change
MCD McDonald's Corp. 0.03% 1,077 $312K Add +0.3%
BMY Bristol-Myers Squibb Co. 0.03% 5,449 $308K Reduce -3.0%
V Visa Inc. Class A 0.03% 969 $306K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.03% 3,411 $300K No change
IWN iShares Russell 2000 Value E 0.03% 1,765 $290K No change
MRK Merck & Co. Inc. 0.03% 2,862 $285K No change
VB Vanguard Most SM-Cap ETF-Usd 0.03% 1,169 $281K Add +0.1%
CVS CVS Health Corp. 0.03% 6,175 $277K Reduce -13.8%
XLK SS Technology Select Sector 0.03% 1,180 $274K No change
IEMG iShares Core MSCI Emerging 0.03% 4,937 $258K Add +0.2%
PFS Provident Financial Services 0.03% 13,623 $257K No change
LMT Lockheed Martin Corp. 0.03% 526 $256K New
AON Aon PLC Class A 0.03% 691 $248K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.03% 1,125 $247K Add +0.2%
AVGO Broadcom Inc. 0.03% 1,060 $246K New
CL Colgate-Palmolive Co. 0.03% 2,583 $235K No change
GLD SPDR Gold Shares 0.03% 966 $234K Reduce -75.6%
LLY Eli Lilly & Co. 0.03% 302 $233K No change
IWB iShares Russell 1000 ETF 0.03% 722 $233K Add +0.1%
APH Amphenol Corp. Class A 0.02% 3,056 $212K New
HON Honeywell International Inc. 0.02% 909 $205K New
PARAA Paramount Global Class B 0.02% 19,310 $202K Reduce -59.0%
SKYX SKYX Platforms Corp. 0.02% 158,333 $184K Add +21.8%
CGEN Compugen Ltd. 0.02% 93,833 $144K No change
MRKR Marker Therapeutics Inc. 0.01% 15,000 $47K No change

Portfolio Sells Q3 2024 → Q4 2024
BDX Becton Dickinson and Co. Reduce -86.7% 0.12% −0.83
UNH Unitedhealth Group Inc. Reduce -29.0% 0.96% −0.63
CMCSA Comcast Corp. Class A Reduce -0.6% 2.98% −0.42
AEP American Electric Power Reduce -0.2% 2.31% −0.31
MSFT Microsoft Corp. Reduce -0.1% 6.50% −0.26
TMO Thermo Fisher Scientific Inc. Reduce -1.5% 1.11% −0.25
LHX L3HARRIS Technologies Inc. Reduce -1.6% 1.29% −0.22
SBUX Starbucks Corp. Reduce -1.7% 2.06% −0.22
PFE Pfizer Inc. Reduce -13.1% 0.73% −0.20
ZBH Zimmer Biomet Holdings Inc. Reduce -9.3% 1.04% −0.15
META Meta Platforms Inc. Class A Reduce -6.2% 2.43% −0.15
HD Home Depot Inc. Reduce -0.9% 1.94% −0.14
TEL Te Connectivity PLC Reduce -1.2% 1.45% −0.13
GLD SPDR Gold Shares Reduce -75.6% 0.03% −0.08
RTX RTX Corp. Reduce -0.7% 0.88% −0.07
PNC PNC Financial Services Group Reduce -3.9% 3.55% −0.06
GILD Gilead Sciences Inc. Reduce -10.1% 1.65% −0.05
LOW Lowe's Cos Inc. Reduce -0.1% 0.39% −0.05
MTB M & T Bank Corp. Reduce -5.5% 1.78% −0.04
PARAA Paramount Global Class B Reduce -59.0% 0.02% −0.03
IT Gartner Inc. Sold out 0.00% −0.02
CVS CVS Health Corp. Reduce -13.8% 0.03% −0.02
FISV Fiserv Inc. Reduce -13.1% 0.70% −0.02
BNY Bank of New York Mellon Corp. Reduce -4.9% 4.11% −0.01
FDX FedEx Corp. Reduce -1.1% 1.52% −0.00
BMY Bristol-Myers Squibb Co. Reduce -3.0% 0.03% +0.00
GOOGL Alphabet Inc. Class A Reduce -2.5% 0.06% +0.01
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.5% 0.14% +0.01
AXP American Express Co. Reduce -0.8% 0.10% +0.01
NVDA Nvidia Corp. Reduce -0.5% 0.13% +0.01
PYPL PayPal Holdings Inc. Reduce -4.6% 2.00% +0.05
USB US Bancorp Reduce -0.6% 3.25% +0.07
CSCO Cisco Systems Inc. Reduce -4.9% 3.53% +0.13
GS Goldman Sachs Group Inc. Reduce -5.0% 2.15% +0.16
WFC Wells Fargo & Co. Reduce -4.5% 1.74% +0.25
JPM JPMorgan Chase & Co. Reduce -3.0% 4.24% +0.32
GOOG Alphabet Inc. Class C Reduce -1.0% 3.37% +0.33
MS Morgan Stanley Reduce -7.0% 3.85% +0.35
AMZN Amazon.com Inc. Reduce -0.5% 2.89% +0.38

Portfolio Buys Q3 2024 → Q4 2024
AMGN Amgen Inc. Add +96.0% 2.65% +0.95
DG Dollar General Corp. New 0.67% +0.67
BRK.B Berkshire Hathaway Inc. Class B Add +353.0% 0.62% +0.48
PEP Pepsico Inc. Add +104.7% 1.07% +0.48
BAC Bank of America Corp. Add +912.5% 0.31% +0.28
AAPL Apple Inc. Add +1.5% 3.90% +0.26
HUM Humana Inc. New 0.18% +0.18
IWF iShares Russell 1000 Growth Add +3.6% 0.88% +0.07
IJR iShares Core S&P Small-Cap E Add +17.2% 0.53% +0.06
VOO Vanguard S&P 500 ETF Add +4.1% 1.18% +0.05
DCGO Docgo Inc. New 0.05% +0.05
COST Costco Wholesale Corp. Add +64.3% 0.09% +0.04
IWR iShares Russell Mid-Cap ETF Add +8.9% 0.53% +0.04
ADP Automatic Data Processing New 0.03% +0.03
ACN Accenture PLC Class A Add +105.6% 0.06% +0.03
LMT Lockheed Martin Corp. New 0.03% +0.03
VYM Vanguard High DVD Yield ETF Add +5.3% 0.96% +0.03
AON Aon PLC Class A New 0.03% +0.03
AVGO Broadcom Inc. New 0.03% +0.03
VTV Vanguard Mrngstr Val ETF-Aui Add +41.5% 0.10% +0.03
APH Amphenol Corp. Class A New 0.02% +0.02
HON Honeywell International Inc. New 0.02% +0.02
VEA Vanguard Ftse Developed ETF Add +14.8% 1.08% +0.02
ETN Eaton Corp. PLC Add +59.4% 0.05% +0.02
INTU Intuit Inc. Add +55.6% 0.05% +0.02
TCHP T Rowe Price Blue Chip Growt Add +1.9% 0.28% +0.02
ESGD iShares Trust iShares ESG Aw Add +54.1% 0.05% +0.01
SPYX SS SPDR S&P 500 Foss FL ETF Add +19.3% 0.07% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +34.7% 0.04% +0.01
SKYX SKYX Platforms Corp. Add +21.8% 0.02% +0.01
QQQ Invesco QQQ Trust Series 1 Add +2.0% 0.07% +0.00
IVV iShares Core S&P 500 ETF Add +0.4% 0.21% +0.00
IWB iShares Russell 1000 ETF Add +0.1% 0.03% +0.00
VB Vanguard Most SM-Cap ETF-Usd Add +0.1% 0.03% −0.00
IBM Intl Business Machines Corp. Add +0.2% 0.03% −0.00
PG The Procter & Gamble Co. Add +0.1% 0.04% −0.00
VIG Vanguard Dividend Apprec ETF Add +0.1% 0.07% −0.00
MCD McDonald's Corp. Add +0.3% 0.03% −0.00
IEMG iShares Core MSCI Emerging Add +0.2% 0.03% −0.00
IWM iShares Russell 2000 ETF Add +0.2% 0.26% −0.00
MDY State Street SPDR S&P Midcap Add +0.8% 0.41% −0.00
SDY SS SPDR S&P Dividend ETF Add +0.1% 0.06% −0.01
IWD iShares Russell 1000 Value E Add +0.4% 0.13% −0.01
XOM Exxon Mobil Corp. Add +0.2% 0.05% −0.01
VWO Vanguard Ftse Emerging Marke Add +7.6% 0.21% −0.01
EFA iShares MSCI Eafe ETF Add +0.2% 0.13% −0.02
TSN Tyson Foods Inc. Class A Add +0.1% 1.05% −0.06
GD General Dynamics Corp. Add +0.5% 0.74% −0.12
UNP Union Pacific Corp. Add +1.2% 1.71% −0.15
ABBV Abbvie Inc. Add +2.7% 2.02% −0.21

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