O'shaughnessy Asset Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), O'shaughnessy Asset Management, LLC reported 2,374 stock positions worth $14.7 billion. Its top holding was Microsoft (MSFT) at 3.6% of the portfolio, followed by Nvidia (NVDA, 3.4%) and Apple (AAPL, 2.7%). Compared with Q1 2025, it opened 224 new positions, sold out of 149, added to 1,151 and reduced 857. The biggest buy was Nvidia (NVDA, shares +16%) and the biggest sale AppLovin Class A (APP, shares −66%).
- Most Recent 13F
- Q2 2026
- Location
- Stamford, CT
- CIK
- 0001423442
- Portfolio Value
- $14.7B (Q2 2025)
- SEC Filing
- 0001423442-25-000008 ↗ filed Aug 12, 2025
Holdings Value
Holdings 2,374 stocks · $14.7B
| MSFT Microsoft Corp. | 3.63% | 1,070,167 | $532.3M | Add +23.9% |
| NVDA Nvidia Corp. | 3.39% | 3,144,842 | $496.9M | Add +15.9% |
| AAPL Apple Inc. | 2.67% | 1,907,412 | $391.3M | Add +2.2% |
| AMZN Amazon.com Inc. | 1.79% | 1,199,575 | $263.2M | Add +13.2% |
| META Meta Platforms Inc. Class A | 1.50% | 297,330 | $219.5M | Add +8.8% |
| AGG iShares Core U.S. Aggregate | 1.35% | 2,001,439 | $198.5M | Add +14.0% |
| AVGO Broadcom Inc. | 1.33% | 707,139 | $194.9M | Add +11.4% |
| JPM JPMorgan Chase & Co. | 1.27% | 644,950 | $187.0M | Add +11.2% |
| GOOGL Alphabet Inc. Class A | 1.02% | 847,202 | $149.3M | Add +11.1% |
| V Visa Inc. Class A | 0.97% | 401,236 | $142.5M | Add +12.1% |
| WFC Wells Fargo & Co. | 0.96% | 1,755,710 | $140.7M | Add +6.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.89% | 269,705 | $131.0M | Add +5.5% |
| WMT Walmart Inc. | 0.83% | 1,251,696 | $122.4M | Add +10.4% |
| MO Altria Group Inc. | 0.79% | 1,972,213 | $115.6M | Add +2.5% |
| GOOG Alphabet Inc. Class C | 0.76% | 625,807 | $111.0M | Add +9.8% |
| JNJ Johnson & Johnson | 0.74% | 707,594 | $108.1M | Reduce -8.0% |
| NFLX Netflix Inc. | 0.73% | 79,491 | $106.4M | Add +15.7% |
| TSLA Tesla Inc. | 0.72% | 332,831 | $105.7M | Add +36.3% |
| STIP iShares 0-5 Year Tips Bond E | 0.69% | 986,933 | $101.6M | Add +7.1% |
| LLY Eli Lilly & Co. | 0.64% | 119,590 | $93.2M | Reduce -2.3% |
| BKNG Booking Holdings Inc. | 0.63% | 15,982 | $92.5M | Reduce -8.6% |
| COST Costco Wholesale Corp. | 0.62% | 91,773 | $90.8M | Add +8.8% |
| CAT Caterpillar Inc. | 0.60% | 227,708 | $88.4M | Reduce -0.6% |
| MA Mastercard Inc. Class A | 0.58% | 152,058 | $85.4M | Add +13.2% |
| RTX RTX Corp. | 0.58% | 582,511 | $85.1M | Reduce -14.2% |
| SYF Synchrony Financial | 0.56% | 1,232,694 | $82.3M | Add +2.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.55% | 358,466 | $81.2M | Add +5.5% |
| FIS Fidelity National Info Serv | 0.55% | 985,372 | $80.2M | Add +19.1% |
| MET Metlife Inc. | 0.54% | 992,940 | $79.9M | Add +23.2% |
| PM Philip Morris International | 0.53% | 427,022 | $77.8M | Add +13.4% |
| MDT Medtronic PLC | 0.53% | 891,063 | $77.7M | Add +2.7% |
| HD Home Depot Inc. | 0.52% | 208,562 | $76.5M | Add +11.8% |
| VZ Verizon Communications Inc. | 0.52% | 1,754,009 | $75.9M | Reduce -0.1% |
| CMCSA Comcast Corp. Class A | 0.51% | 2,087,493 | $74.5M | Add +19.7% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.48% | 1,343,614 | $70.9M | Add +3.9% |
| XOM Exxon Mobil Corp. | 0.48% | 650,707 | $70.1M | Add +6.3% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.47% | 761,328 | $69.4M | Reduce -0.1% |
| ORCL Oracle Corp. | 0.47% | 313,864 | $68.6M | Add +4.7% |
| PG The Procter & Gamble Co. | 0.46% | 427,329 | $68.1M | Reduce -0.4% |
| T AT&T Inc. | 0.46% | 2,318,948 | $67.1M | Add +8.5% |
| CVX Chevron Corp. | 0.45% | 456,508 | $65.4M | Reduce -7.8% |
| CSCO Cisco Systems Inc. | 0.44% | 932,087 | $64.7M | Add +23.9% |
| PYPL PayPal Holdings Inc. | 0.43% | 850,868 | $63.2M | Add +54.8% |
| EBAY eBay Inc. | 0.42% | 818,821 | $61.0M | Add +17.2% |
| GS Goldman Sachs Group Inc. | 0.40% | 83,911 | $59.4M | Add +6.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.40% | 1,246,612 | $59.0M | Add +6.1% |
| NTRS Northern Trust Corp. | 0.40% | 458,040 | $58.1M | Add +42.3% |
| VLO Valero Energy Corp. | 0.39% | 424,902 | $57.1M | Add +3.5% |
| HCA HCA Healthcare Inc. | 0.39% | 147,587 | $56.5M | Add +122.6% |
| AIG American International Group | 0.38% | 646,092 | $55.3M | Reduce -5.5% |
| GILD Gilead Sciences Inc. | 0.37% | 495,552 | $54.9M | Add +19.1% |
| ABBV Abbvie Inc. | 0.36% | 282,336 | $52.4M | Add +6.2% |
| MPC Marathon Petroleum Corp. | 0.35% | 309,906 | $51.5M | Reduce -13.3% |
| VOO Vanguard S&P 500 ETF | 0.35% | 90,276 | $51.3M | Add +5.5% |
| KO The Coca-Cola Co. | 0.35% | 722,354 | $51.1M | Add +11.9% |
| C Citigroup Inc. | 0.33% | 567,200 | $48.3M | Add +21.6% |
| GM General Motors Co. | 0.33% | 975,398 | $48.0M | Add +51.4% |
| CSL Carlisle Cos Inc. | 0.33% | 127,842 | $47.7M | Add +49.4% |
| ADP Automatic Data Processing | 0.32% | 152,411 | $47.0M | Add +7.4% |
| LMT Lockheed Martin Corp. | 0.32% | 100,859 | $46.7M | Reduce -19.1% |
| JBL Jabil Inc. | 0.32% | 212,747 | $46.4M | Add +24.8% |
| TPR Tapestry Inc. | 0.32% | 528,382 | $46.4M | Add +114.5% |
| GE General Electric filed as GE AEROSPACE | 0.31% | 177,239 | $45.6M | Reduce -1.3% |
| EOG EOG Resources Inc. | 0.31% | 380,633 | $45.5M | Add +59.4% |
| COF Capital One Financial Corp. | 0.31% | 213,482 | $45.4M | Add +45.5% |
| ABT Abbott Laboratories | 0.30% | 326,836 | $44.5M | Add +29.2% |
| EXPE Expedia Group Inc. | 0.30% | 261,863 | $44.2M | Add +19.1% |
| MCK McKesson Corp. | 0.30% | 59,545 | $43.6M | Add +9.6% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.29% | 385,977 | $42.3M | Add +15.5% |
| AFL Aflac Inc. | 0.29% | 397,683 | $41.9M | Reduce -5.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 141,916 | $41.8M | Add +1.3% |
| PLTR Palantir Technologies Inc. Class A | 0.28% | 299,933 | $40.9M | Add +26.7% |
| RY Royal Bank of Canada | 0.28% | 309,296 | $40.8M | Add +3.0% |
| TRV The Travelers Cos Inc. | 0.27% | 147,923 | $39.6M | Add +12.8% |
| CRM Salesforce Inc. | 0.26% | 139,112 | $37.9M | Add +3.5% |
| TWLO Twilio Inc. Class A | 0.26% | 302,689 | $37.6M | Add +47.7% |
| INTU Intuit Inc. | 0.26% | 47,783 | $37.6M | Add +17.0% |
| GIS General Mills Inc. | 0.25% | 703,847 | $36.5M | Reduce -6.4% |
| HIG Hartford Insurance Group Inc. | 0.25% | 286,437 | $36.3M | Reduce -21.6% |
| SAP Sap SE-Sponsored ADR | 0.24% | 115,735 | $35.2M | Add +6.2% |
| MS Morgan Stanley | 0.24% | 249,540 | $35.2M | Add +21.6% |
| MCD McDonald's Corp. | 0.24% | 119,866 | $35.0M | Add +11.4% |
| SPGI S&P Global Inc. | 0.24% | 66,376 | $35.0M | Add +12.0% |
| ACN Accenture PLC Class A | 0.24% | 116,808 | $34.9M | Add +4.1% |
| CTAS Cintas Corp. | 0.23% | 151,041 | $33.7M | Add +11.3% |
| UNH Unitedhealth Group Inc. | 0.23% | 106,804 | $33.3M | Reduce -14.9% |
| COP Conocophillips | 0.22% | 361,622 | $32.5M | Add +7.3% |
| UNP Union Pacific Corp. | 0.22% | 140,117 | $32.2M | Reduce -15.8% |
| LOW Lowe's Cos Inc. | 0.22% | 144,527 | $32.1M | Add +18.1% |
| NVS Novartis AG-Sponsored ADR | 0.22% | 264,985 | $32.1M | Add +3.7% |
| AXP American Express Co. | 0.22% | 98,999 | $31.6M | Add +23.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.21% | 255,219 | $31.5M | Add +13.2% |
| MUB iShares National Muni Bond E | 0.21% | 295,612 | $30.9M | Reduce -11.1% |
| PH Parker Hannifin Corp. | 0.21% | 43,713 | $30.5M | Add +5.5% |
| PFE Pfizer Inc. | 0.21% | 1,256,008 | $30.4M | Add +104.1% |
| LIN Linde PLC | 0.21% | 64,831 | $30.4M | Add +16.4% |
| ISRG Intuitive Surgical Inc. | 0.21% | 55,775 | $30.3M | Add +21.8% |
| BSX Boston Scientific Corp. | 0.21% | 281,773 | $30.3M | Add +7.3% |
| BLK BlackRock Inc. | 0.20% | 28,467 | $29.9M | Add +12.8% |
| NOW ServiceNow Inc. | 0.20% | 29,030 | $29.8M | Add +12.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $13K (not counted above)
Total filed on the 13F, all lines: $14.7B.
Portfolio Sells Q1 2025 → Q2 2025
| APP AppLovin Corp. Class A | Reduce -66.5% | 0.20% | −0.33 |
| UNH Unitedhealth Group Inc. | Reduce -14.9% | 0.23% | −0.30 |
| JNJ Johnson & Johnson | Reduce -8.0% | 0.74% | −0.29 |
| CVX Chevron Corp. | Reduce -7.8% | 0.45% | −0.22 |
| GDDY GoDaddy Inc. Class A | Reduce -48.7% | 0.16% | −0.21 |
| BMY Bristol-Myers Squibb Co. | Reduce -53.7% | 0.08% | −0.18 |
| LLY Eli Lilly & Co. | Reduce -2.3% | 0.64% | −0.18 |
| RTX RTX Corp. | Reduce -14.2% | 0.58% | −0.14 |
| STLD Steel Dynamics Inc. | Reduce -36.4% | 0.17% | −0.14 |
| LMT Lockheed Martin Corp. | Reduce -19.1% | 0.32% | −0.13 |
| PG The Procter & Gamble Co. | Reduce -0.4% | 0.46% | −0.12 |
| VZ Verizon Communications Inc. | Reduce -0.1% | 0.52% | −0.12 |
| EXPD Expeditors Intl Wash Inc. | Reduce -56.0% | 0.07% | −0.12 |
| HIG Hartford Insurance Group Inc. | Reduce -21.6% | 0.25% | −0.12 |
| GIS General Mills Inc. | Reduce -6.4% | 0.25% | −0.11 |
| CFG Citizens Financial Group | Reduce -73.5% | 0.04% | −0.11 |
| DD Dupont DE Nemours Inc. | Reduce -26.4% | 0.15% | −0.11 |
| AIG American International Group | Reduce -5.5% | 0.38% | −0.10 |
| VRSK Verisk Analytics Inc. | Reduce -53.6% | 0.07% | −0.10 |
| UNP Union Pacific Corp. | Reduce -15.8% | 0.22% | −0.10 |
| AFL Aflac Inc. | Reduce -5.9% | 0.29% | −0.09 |
| TMO Thermo Fisher Scientific Inc. | Reduce -29.6% | 0.08% | −0.08 |
| BLDR Builders Firstsource Inc. | Reduce -10.4% | 0.19% | −0.08 |
| HPQ HP Inc. | Reduce -11.8% | 0.15% | −0.08 |
| IWD iShares Russell 1000 Value E | Reduce -46.3% | 0.06% | −0.07 |
| DVN Devon Energy Corp. | Reduce -2.5% | 0.17% | −0.07 |
| MUB iShares National Muni Bond E | Reduce -11.1% | 0.21% | −0.07 |
| AMGN Amgen Inc. | Reduce -2.8% | 0.19% | −0.07 |
| MPC Marathon Petroleum Corp. | Reduce -13.3% | 0.35% | −0.07 |
| TMUS T-Mobile US Inc. | Reduce -0.9% | 0.20% | −0.07 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.07 |
| FICO Fair Isaac Corp. | Reduce -11.4% | 0.19% | −0.07 |
| FISV Fiserv Inc. | Reduce -10.3% | 0.10% | −0.07 |
| PHM Pultegroup Inc. | Reduce -16.1% | 0.18% | −0.07 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -54.6% | 0.04% | −0.06 |
| MAN Manpowergroup Inc. | Sold out | 0.00% | −0.06 |
| ITW Illinois Tool Works | Reduce -21.6% | 0.11% | −0.06 |
| JD Jd.com Inc.-ADR | Reduce -20.5% | 0.06% | −0.06 |
| DXC DXC Technology Co. | Reduce -89.3% | 0.00% | −0.05 |
| RGA Reinsurance Group of America | Reduce -79.4% | 0.01% | −0.05 |
| MRSH Marsh & McLennan Cos | Reduce -3.2% | 0.14% | −0.05 |
| CRH CRH PLC | Reduce -8.3% | 0.20% | −0.05 |
| CAH Cardinal Health Inc. | Reduce -27.0% | 0.14% | −0.05 |
| BHC Bausch Health Cos Inc. | Sold out | 0.00% | −0.04 |
| BNY Bank of New York Mellon Corp. | Reduce -0.1% | 0.47% | −0.04 |
| BKR Baker Hughes Co. | Reduce -17.3% | 0.06% | −0.04 |
| SHEL Shell PLC-ADR | Reduce -5.1% | 0.13% | −0.04 |
| LYG Lloyds Banking Group PLC-ADR | Reduce -28.1% | 0.08% | −0.04 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -5.9% | 0.11% | −0.04 |
| ADBE Adobe Inc. | Reduce -3.5% | 0.17% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +15.9% | 3.39% | +1.02 |
| MSFT Microsoft Corp. | Add +23.9% | 3.63% | +1.02 |
| AVGO Broadcom Inc. | Add +11.4% | 1.33% | +0.48 |
| META Meta Platforms Inc. Class A | Add +8.8% | 1.50% | +0.23 |
| TSLA Tesla Inc. | Add +36.3% | 0.72% | +0.21 |
| NFLX Netflix Inc. | Add +15.7% | 0.73% | +0.21 |
| HCA HCA Healthcare Inc. | Add +122.6% | 0.39% | +0.20 |
| TPR Tapestry Inc. | Add +114.5% | 0.32% | +0.18 |
| AMZN Amazon.com Inc. | Add +13.2% | 1.79% | +0.18 |
| PYPL PayPal Holdings Inc. | Add +54.8% | 0.43% | +0.14 |
| NTRS Northern Trust Corp. | Add +42.3% | 0.40% | +0.14 |
| JPM JPMorgan Chase & Co. | Add +11.2% | 1.27% | +0.13 |
| ORCL Oracle Corp. | Add +4.7% | 0.47% | +0.13 |
| JBL Jabil Inc. | Add +24.8% | 0.32% | +0.13 |
| PLTR Palantir Technologies Inc. Class A | Add +26.7% | 0.28% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +5.5% | 0.55% | +0.10 |
| VRSN Verisign Inc. | Add +690.6% | 0.11% | +0.10 |
| COF Capital One Financial Corp. | Add +45.5% | 0.31% | +0.10 |
| TWLO Twilio Inc. Class A | Add +47.7% | 0.26% | +0.10 |
| CNC Centene Corp. | Add +222.3% | 0.16% | +0.09 |
| CSL Carlisle Cos Inc. | Add +49.4% | 0.33% | +0.09 |
| GEV GE Vernova Inc. | Add +35.7% | 0.17% | +0.09 |
| GM General Motors Co. | Add +51.4% | 0.33% | +0.08 |
| PFE Pfizer Inc. | Add +104.1% | 0.21% | +0.08 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +737.5% | 0.09% | +0.08 |
| TFC Truist Financial Corp. | Add +104.7% | 0.17% | +0.07 |
| KHC The Kraft Heinz Co. | Add +235.8% | 0.12% | +0.07 |
| GOOGL Alphabet Inc. Class A | Add +11.1% | 1.02% | +0.07 |
| CSCO Cisco Systems Inc. | Add +23.9% | 0.44% | +0.07 |
| EOG EOG Resources Inc. | Add +59.4% | 0.31% | +0.06 |
| C Citigroup Inc. | Add +21.6% | 0.33% | +0.06 |
| APH Amphenol Corp. Class A | Add +37.0% | 0.14% | +0.06 |
| TD Toronto-Dominion Bank | Add +55.5% | 0.16% | +0.06 |
| GS Goldman Sachs Group Inc. | Add +6.3% | 0.40% | +0.06 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +45.0% | 0.13% | +0.06 |
| NUE Nucor Corp. | Add +102.5% | 0.12% | +0.06 |
| INTU Intuit Inc. | Add +17.0% | 0.26% | +0.06 |
| CI The Cigna Group | Add +64.6% | 0.18% | +0.05 |
| FIS Fidelity National Info Serv | Add +19.1% | 0.55% | +0.05 |
| PM Philip Morris International | Add +13.4% | 0.53% | +0.05 |
| SYF Synchrony Financial | Add +2.5% | 0.56% | +0.05 |
| MS Morgan Stanley | Add +21.6% | 0.24% | +0.05 |
| EFXT Enerflex Ltd. | Add +208.5% | 0.07% | +0.05 |
| FSM Fortuna Mining Corp. | New | 0.05% | +0.05 |
| STT State Street Corp. | Add +45.1% | 0.14% | +0.05 |
| KKR KKR & Co. Inc. | Add +102.1% | 0.09% | +0.04 |
| AXP American Express Co. | Add +23.7% | 0.22% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +38.2% | 0.18% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +9.8% | 0.76% | +0.04 |
| AMD Advanced Micro Devices | Add +16.0% | 0.15% | +0.04 |
Notes & Other Activity Q1 2025 → Q2 2025
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Add +4.2% | 602 | $12K |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | New | 36 | $294 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,585 | $21.5B | AAPL, NVDA, MSFT, GOOGL, AMZN |
| Q1 2026 | 2,620 | $19.9B | AAPL, NVDA, MSFT, GOOGL, AMZN |
| Q4 2025 | 2,631 | $18.1B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 2,550 | $17.0B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q2 2025 | 2,374 | $14.7B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2025 | 2,299 | $12.4B | AAPL, MSFT, NVDA, AMZN, AGG |
| Q4 2024 | 2,192 | $11.8B | AAPL, MSFT, NVDA, BRK.A, AMZN |
| Q3 2024 | 2,112 | $11.2B | AAPL, MSFT, NVDA, BRK.A, AGG |
| Q2 2024 | 1,959 | $9.7B | MSFT, AAPL, NVDA, BRK.A, AMZN |
| Q1 2024 | 1,864 | $9.0B | MSFT, BRK.A, AAPL, NVDA, AMZN |