O'shaughnessy Asset Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), O'shaughnessy Asset Management, LLC reported 2,550 stock positions worth $17.0 billion. Its top holding was Nvidia (NVDA) at 3.9% of the portfolio, followed by Microsoft (MSFT, 3.6%) and Apple (AAPL, 3.3%). Compared with Q2 2025, it opened 285 new positions, sold out of 109, added to 1,335 and reduced 707. The biggest buy was Apple (AAPL, shares +17%) and the biggest sale Fidelity National Info Serv (FIS, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- Stamford, CT
- CIK
- 0001423442
- Portfolio Value
- $17.0B (Q3 2025)
- SEC Filing
- 0001423442-25-000009 ↗ filed Nov 13, 2025
Holdings Value
Holdings 2,550 stocks · $17.0B
| NVDA Nvidia Corp. | 3.88% | 3,539,477 | $660.4M | Add +12.6% |
| MSFT Microsoft Corp. | 3.59% | 1,180,790 | $611.6M | Add +10.3% |
| AAPL Apple Inc. | 3.34% | 2,234,360 | $568.9M | Add +17.1% |
| AMZN Amazon.com Inc. | 1.76% | 1,365,574 | $299.8M | Add +13.8% |
| AVGO Broadcom Inc. | 1.50% | 773,167 | $255.1M | Add +9.3% |
| META Meta Platforms Inc. Class A | 1.44% | 333,129 | $244.6M | Add +12.0% |
| GOOGL Alphabet Inc. Class A | 1.40% | 978,676 | $237.9M | Add +15.5% |
| AGG iShares Core U.S. Aggregate | 1.34% | 2,270,873 | $227.7M | Add +13.5% |
| JPM JPMorgan Chase & Co. | 1.23% | 664,924 | $209.7M | Add +3.1% |
| GOOG Alphabet Inc. Class C | 1.01% | 707,014 | $172.2M | Add +13.0% |
| TSLA Tesla Inc. | 0.96% | 368,951 | $164.1M | Add +10.8% |
| V Visa Inc. Class A | 0.85% | 421,600 | $143.9M | Add +5.1% |
| MO Altria Group Inc. | 0.83% | 2,137,368 | $141.2M | Add +8.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.82% | 276,927 | $139.2M | Add +2.7% |
| WFC Wells Fargo & Co. | 0.82% | 1,657,536 | $138.9M | Reduce -5.6% |
| WMT Walmart Inc. | 0.80% | 1,328,619 | $136.9M | Add +6.2% |
| JNJ Johnson & Johnson | 0.76% | 694,689 | $128.8M | Reduce -1.8% |
| STIP iShares 0-5 Year Tips Bond E | 0.65% | 1,075,411 | $111.2M | Add +9.0% |
| CAT Caterpillar Inc. | 0.62% | 219,537 | $104.8M | Reduce -3.6% |
| NFLX Netflix Inc. | 0.61% | 87,082 | $104.4M | Add +9.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.61% | 373,354 | $104.3M | Add +4.2% |
| MET Metlife Inc. | 0.57% | 1,174,419 | $96.7M | Add +18.3% |
| ORCL Oracle Corp. | 0.56% | 339,624 | $95.5M | Add +8.2% |
| LLY Eli Lilly & Co. | 0.56% | 124,814 | $95.2M | Add +4.4% |
| SYF Synchrony Financial | 0.56% | 1,339,388 | $95.2M | Add +8.7% |
| MA Mastercard Inc. Class A | 0.55% | 166,007 | $94.4M | Add +9.2% |
| MDT Medtronic PLC | 0.55% | 982,781 | $93.6M | Add +10.3% |
| HD Home Depot Inc. | 0.55% | 229,960 | $93.2M | Add +10.3% |
| HCA HCA Healthcare Inc. | 0.52% | 209,467 | $89.3M | Add +41.9% |
| RTX RTX Corp. | 0.52% | 528,300 | $88.4M | Reduce -9.3% |
| TPR Tapestry Inc. | 0.51% | 765,887 | $86.7M | Add +45.0% |
| CVX Chevron Corp. | 0.50% | 549,721 | $85.4M | Add +20.4% |
| COST Costco Wholesale Corp. | 0.50% | 91,603 | $84.8M | Reduce -0.2% |
| EBAY eBay Inc. | 0.49% | 913,403 | $83.1M | Add +11.6% |
| GM General Motors Co. | 0.48% | 1,331,748 | $81.2M | Add +36.5% |
| VZ Verizon Communications Inc. | 0.47% | 1,827,932 | $80.3M | Add +4.2% |
| XOM Exxon Mobil Corp. | 0.47% | 708,505 | $79.9M | Add +8.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.46% | 1,516,007 | $78.2M | Add +21.6% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.44% | 1,424,248 | $75.5M | Add +6.0% |
| NTRS Northern Trust Corp. | 0.44% | 558,698 | $75.2M | Add +22.0% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.43% | 674,971 | $73.5M | Reduce -11.3% |
| CSCO Cisco Systems Inc. | 0.43% | 1,071,195 | $73.3M | Add +14.9% |
| JBL Jabil Inc. | 0.43% | 336,647 | $73.1M | Add +58.2% |
| ABBV Abbvie Inc. | 0.43% | 315,394 | $73.0M | Add +11.7% |
| CMCSA Comcast Corp. Class A | 0.41% | 2,238,270 | $70.3M | Add +7.2% |
| T AT&T Inc. | 0.40% | 2,423,733 | $68.4M | Add +4.5% |
| PM Philip Morris International | 0.40% | 417,832 | $67.8M | Reduce -2.1% |
| VOO Vanguard S&P 500 ETF | 0.39% | 109,266 | $66.9M | Add +21.0% |
| BKNG Booking Holdings Inc. | 0.39% | 12,187 | $65.8M | Reduce -23.8% |
| C Citigroup Inc. | 0.38% | 643,421 | $65.3M | Add +13.4% |
| VLO Valero Energy Corp. | 0.36% | 363,525 | $61.9M | Reduce -14.4% |
| GILD Gilead Sciences Inc. | 0.36% | 557,510 | $61.9M | Add +12.5% |
| PG The Procter & Gamble Co. | 0.36% | 397,788 | $61.1M | Reduce -6.9% |
| PYPL PayPal Holdings Inc. | 0.36% | 910,711 | $61.1M | Add +7.0% |
| PLTR Palantir Technologies Inc. Class A | 0.36% | 332,306 | $60.6M | Add +10.8% |
| EXPE Expedia Group Inc. | 0.34% | 273,642 | $58.5M | Add +4.5% |
| GS Goldman Sachs Group Inc. | 0.34% | 72,009 | $57.3M | Reduce -14.2% |
| MPC Marathon Petroleum Corp. | 0.32% | 281,459 | $54.2M | Reduce -9.2% |
| GE General Electric filed as GE AEROSPACE | 0.32% | 180,230 | $54.2M | Add +1.7% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.29% | 448,783 | $50.0M | Add +16.3% |
| FIS Fidelity National Info Serv | 0.29% | 755,627 | $49.8M | Reduce -23.3% |
| EOG EOG Resources Inc. | 0.29% | 434,398 | $48.7M | Add +14.1% |
| MCK McKesson Corp. | 0.27% | 60,562 | $46.8M | Add +1.7% |
| KO The Coca-Cola Co. | 0.27% | 692,481 | $45.9M | Reduce -4.1% |
| RY Royal Bank of Canada | 0.27% | 310,109 | $45.7M | Add +0.3% |
| APP AppLovin Corp. Class A | 0.27% | 63,337 | $45.5M | Reduce -23.6% |
| UNH Unitedhealth Group Inc. | 0.27% | 131,631 | $45.5M | Add +23.3% |
| PFE Pfizer Inc. | 0.27% | 1,782,212 | $45.4M | Add +41.9% |
| ABT Abbott Laboratories | 0.26% | 327,541 | $43.9M | Add +0.2% |
| MS Morgan Stanley | 0.26% | 273,173 | $43.4M | Add +9.5% |
| ADP Automatic Data Processing | 0.26% | 147,909 | $43.4M | Reduce -3.0% |
| CSL Carlisle Cos Inc. | 0.25% | 129,628 | $42.6M | Add +1.4% |
| TRV The Travelers Cos Inc. | 0.25% | 152,216 | $42.5M | Add +2.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.25% | 150,114 | $42.4M | Add +5.8% |
| AIG American International Group | 0.25% | 538,277 | $42.3M | Reduce -16.7% |
| BABA Alibaba Group Holding-SP ADR | 0.25% | 236,055 | $42.2M | Add +4.5% |
| COF Capital One Financial Corp. | 0.25% | 197,114 | $41.9M | Reduce -7.7% |
| LMT Lockheed Martin Corp. | 0.24% | 82,399 | $41.1M | Reduce -18.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 281,217 | $40.6M | Add +10.2% |
| LOW Lowe's Cos Inc. | 0.24% | 159,785 | $40.2M | Add +10.6% |
| MUB iShares National Muni Bond E | 0.24% | 376,398 | $40.1M | Add +27.3% |
| HIG Hartford Insurance Group Inc. | 0.23% | 294,568 | $39.3M | Add +2.8% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.22% | 538,238 | $38.2M | Add +14.6% |
| MCD McDonald's Corp. | 0.22% | 125,067 | $38.0M | Add +4.3% |
| TFC Truist Financial Corp. | 0.22% | 827,914 | $37.9M | Add +45.5% |
| KHC The Kraft Heinz Co. | 0.22% | 1,442,318 | $37.6M | Add +108.4% |
| TWLO Twilio Inc. Class A | 0.22% | 375,206 | $37.6M | Add +24.0% |
| AFL Aflac Inc. | 0.22% | 332,700 | $37.2M | Reduce -16.3% |
| NVS Novartis AG-Sponsored ADR | 0.22% | 285,805 | $36.7M | Add +7.9% |
| UNP Union Pacific Corp. | 0.21% | 154,537 | $36.5M | Add +10.3% |
| DHI D.R. Horton Inc. | 0.21% | 213,846 | $36.2M | Add +254.2% |
| INTU Intuit Inc. | 0.21% | 52,975 | $36.2M | Add +10.9% |
| AXP American Express Co. | 0.21% | 108,727 | $36.1M | Add +9.8% |
| COP Conocophillips | 0.21% | 380,877 | $36.0M | Add +5.3% |
| SHV iShares 0-1 Year Treasury Bo | 0.21% | 325,337 | $35.9M | Add +24.4% |
| BLK BlackRock Inc. | 0.21% | 30,568 | $35.6M | Add +7.4% |
| PH Parker Hannifin Corp. | 0.21% | 46,686 | $35.4M | Add +6.8% |
| SPGI S&P Global Inc. | 0.21% | 72,218 | $35.1M | Add +8.8% |
| PEP Pepsico Inc. | 0.21% | 248,732 | $34.9M | Add +63.8% |
| PHM Pultegroup Inc. | 0.20% | 262,563 | $34.7M | Add +6.3% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $15K (not counted above)
Total filed on the 13F, all lines: $17.0B.
Portfolio Sells Q2 2025 → Q3 2025
| FIS Fidelity National Info Serv | Reduce -23.3% | 0.29% | −0.25 |
| BKNG Booking Holdings Inc. | Reduce -23.8% | 0.39% | −0.24 |
| CNC Centene Corp. | Reduce -95.8% | 0.00% | −0.16 |
| WFC Wells Fargo & Co. | Reduce -5.6% | 0.82% | −0.14 |
| PM Philip Morris International | Reduce -2.1% | 0.40% | −0.13 |
| AIG American International Group | Reduce -16.7% | 0.25% | −0.13 |
| GDDY GoDaddy Inc. Class A | Reduce -65.0% | 0.04% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -0.2% | 0.50% | −0.12 |
| PG The Procter & Gamble Co. | Reduce -6.9% | 0.36% | −0.11 |
| ACN Accenture PLC Class A | Reduce -19.1% | 0.14% | −0.10 |
| KO The Coca-Cola Co. | Reduce -4.1% | 0.27% | −0.08 |
| CRM Salesforce Inc. | Reduce -6.8% | 0.18% | −0.08 |
| LMT Lockheed Martin Corp. | Reduce -18.3% | 0.24% | −0.08 |
| ISRG Intuitive Surgical Inc. | Reduce -6.5% | 0.14% | −0.07 |
| LYB Lyondellbasell Indu Class A | Reduce -15.2% | 0.11% | −0.07 |
| GS Goldman Sachs Group Inc. | Reduce -14.2% | 0.34% | −0.07 |
| STLD Steel Dynamics Inc. | Reduce -35.6% | 0.10% | −0.07 |
| AFL Aflac Inc. | Reduce -16.3% | 0.22% | −0.07 |
| ADP Automatic Data Processing | Reduce -3.0% | 0.26% | −0.07 |
| COF Capital One Financial Corp. | Reduce -7.7% | 0.25% | −0.06 |
| GIS General Mills Inc. | Reduce -10.7% | 0.19% | −0.06 |
| RTX RTX Corp. | Reduce -9.3% | 0.52% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -21.6% | 0.07% | −0.06 |
| SAP Sap SE-Sponsored ADR | Reduce -0.8% | 0.18% | −0.06 |
| ADBE Adobe Inc. | Reduce -16.7% | 0.11% | −0.06 |
| FICO Fair Isaac Corp. | Reduce -0.5% | 0.14% | −0.06 |
| DD Dupont DE Nemours Inc. | Reduce -36.9% | 0.09% | −0.06 |
| EXPD Expeditors Intl Wash Inc. | Reduce -85.5% | 0.01% | −0.06 |
| AMT American Tower Corp. | Reduce -8.9% | 0.12% | −0.06 |
| MAR Marriott International Class A | Reduce -35.5% | 0.06% | −0.06 |
| BAM Brookfield Asset Mgmt-A | Reduce -52.0% | 0.04% | −0.06 |
| CHTR Charter Communications Inc. Class A | Reduce -36.4% | 0.03% | −0.06 |
| PAYX Paychex Inc. | Reduce -11.3% | 0.11% | −0.05 |
| CL Colgate-Palmolive Co. | Reduce -13.5% | 0.10% | −0.05 |
| RELX Relx PLC - Spon ADR | Reduce -2.6% | 0.13% | −0.04 |
| DVN Devon Energy Corp. | Reduce -22.1% | 0.13% | −0.04 |
| BLDR Builders Firstsource Inc. | Reduce -12.9% | 0.15% | −0.04 |
| FISV Fiserv Inc. | Reduce -12.1% | 0.05% | −0.04 |
| DE Deere & Co. | Reduce -3.5% | 0.12% | −0.04 |
| KR Kroger Co. | Reduce -7.7% | 0.12% | −0.04 |
| MFC Manulife Financial Corp. | Reduce -5.0% | 0.16% | −0.04 |
| BNY Bank of New York Mellon Corp. | Reduce -11.3% | 0.43% | −0.04 |
| PGR Progressive Corp. | Reduce -5.5% | 0.12% | −0.04 |
| WAT Waters Corp. | Reduce -70.0% | 0.01% | −0.04 |
| RSG Republic Services Inc. | Reduce -16.7% | 0.07% | −0.04 |
| GWW WW Grainger Inc. | Reduce -8.2% | 0.10% | −0.04 |
| BG Bunge Global SA | Reduce -67.0% | 0.01% | −0.04 |
| CNI Canadian Natl Railway Co. | Reduce -36.7% | 0.04% | −0.04 |
| WPM Wheaton Precious Metals Corp. | Reduce -74.2% | 0.01% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -17.3% | 0.04% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +17.1% | 3.34% | +0.67 |
| NVDA Nvidia Corp. | Add +12.6% | 3.88% | +0.49 |
| GOOGL Alphabet Inc. Class A | Add +15.5% | 1.40% | +0.38 |
| GOOG Alphabet Inc. Class C | Add +13.0% | 1.01% | +0.25 |
| TSLA Tesla Inc. | Add +10.8% | 0.96% | +0.24 |
| TPR Tapestry Inc. | Add +45.0% | 0.51% | +0.19 |
| AVGO Broadcom Inc. | Add +9.3% | 1.50% | +0.17 |
| DHI D.R. Horton Inc. | Add +254.2% | 0.21% | +0.16 |
| GM General Motors Co. | Add +36.5% | 0.48% | +0.15 |
| HCA HCA Healthcare Inc. | Add +41.9% | 0.52% | +0.14 |
| JBL Jabil Inc. | Add +58.2% | 0.43% | +0.11 |
| KHC The Kraft Heinz Co. | Add +108.4% | 0.22% | +0.10 |
| ORCL Oracle Corp. | Add +8.2% | 0.56% | +0.09 |
| PLTR Palantir Technologies Inc. Class A | Add +10.8% | 0.36% | +0.08 |
| BABA Alibaba Group Holding-SP ADR | Add +4.5% | 0.25% | +0.07 |
| EBAY eBay Inc. | Add +11.6% | 0.49% | +0.07 |
| ABBV Abbvie Inc. | Add +11.7% | 0.43% | +0.07 |
| PEP Pepsico Inc. | Add +63.8% | 0.21% | +0.07 |
| XLV SS Health Care Select Sector | Add +436.6% | 0.08% | +0.06 |
| STX Seagate Technology Holdings | Add +41.7% | 0.12% | +0.06 |
| PFE Pfizer Inc. | Add +41.9% | 0.27% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.2% | 0.61% | +0.06 |
| BAC Bank of America Corp. | Add +21.6% | 0.46% | +0.06 |
| CVX Chevron Corp. | Add +20.4% | 0.50% | +0.06 |
| TFC Truist Financial Corp. | Add +45.5% | 0.22% | +0.06 |
| C Citigroup Inc. | Add +13.4% | 0.38% | +0.05 |
| B Barrick Mining Corp. | Add +501.3% | 0.06% | +0.05 |
| NEM Newmont Corp. | Add +38.8% | 0.13% | +0.05 |
| DDS Dillards Inc. Class A | Add +67.9% | 0.10% | +0.05 |
| MTB M & T Bank Corp. | Add +123.7% | 0.10% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +55.1% | 0.13% | +0.05 |
| SHOP Shopify Inc. Class A | Add +26.1% | 0.17% | +0.05 |
| CVE Cenovus Energy Inc. | Add +134.0% | 0.08% | +0.05 |
| MU Micron Technology Inc. | Add +27.8% | 0.14% | +0.05 |
| NTRS Northern Trust Corp. | Add +22.0% | 0.44% | +0.05 |
| APTV Aptiv PLC | Add +950.2% | 0.05% | +0.05 |
| IDXX Idexx Laboratories Inc. | Add +116.1% | 0.08% | +0.05 |
| LHX L3HARRIS Technologies Inc. | Add +66.0% | 0.10% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +21.0% | 0.39% | +0.04 |
| EXPE Expedia Group Inc. | Add +4.5% | 0.34% | +0.04 |
| MO Altria Group Inc. | Add +8.4% | 0.83% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +23.3% | 0.27% | +0.04 |
| VRSN Verisign Inc. | Add +61.7% | 0.15% | +0.04 |
| HOOD Robinhood Markets Inc. Class A | Add +25.5% | 0.10% | +0.04 |
| CHRW C.H. Robinson Worldwide Inc. | Add +260.2% | 0.05% | +0.04 |
| FAST Fastenal Co. | Add +35.0% | 0.15% | +0.04 |
| ANET Arista Networks Inc. | Add +19.1% | 0.12% | +0.04 |
| AEM Agnico Eagle Mines Ltd. | Add +15.7% | 0.13% | +0.04 |
| LRCX Lam Research Corp. | Add +14.1% | 0.14% | +0.04 |
| HPQ HP Inc. | Add +30.4% | 0.18% | +0.04 |
Notes & Other Activity Q2 2025 → Q3 2025
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | Reduce -63.9% | 13 | $91 |
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 |