Oppenheimer Asset Management Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 2, 2026), Oppenheimer Asset Management Inc. reported 1,059 stock positions worth $8.1 billion. Its top holding was Microsoft (MSFT) at 3.8% of the portfolio, followed by SS SPDR BB 1-3M T-Bill ETF (BIL, 2.6%) and Nvidia (NVDA, 2.2%). Compared with Q3 2025, it opened 58 new positions, sold out of 148, added to 300 and reduced 682. The biggest buy was Goldman Sachs Access Treasur (GBIL, shares +39%) and the biggest sale an exit from Amazon.com (AMZN).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001269119
- Portfolio Value
- $8.1B (Q4 2025)
- SEC Filing
- 0001085146-26-000133 ↗ filed Feb 2, 2026
Holdings Value
Holdings 1,059 stocks · $8.1B
| MSFT Microsoft Corp. | 3.75% | 631,105 | $305.2M | Reduce -3.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.59% | 2,305,631 | $210.7M | Add +0.0% |
| NVDA Nvidia Corp. | 2.22% | 966,682 | $180.3M | Reduce -3.4% |
| GBIL Goldman Sachs Access Treasur | 2.05% | 1,667,225 | $166.6M | Add +38.7% |
| JPM JPMorgan Chase & Co. | 1.73% | 436,381 | $140.6M | Reduce -5.2% |
| JNJ Johnson & Johnson | 1.60% | 628,197 | $130.0M | Reduce -3.4% |
| V Visa Inc. Class A | 1.44% | 334,107 | $117.2M | Reduce -7.4% |
| GOOGL Alphabet Inc. Class A | 1.34% | 347,921 | $108.9M | Reduce -6.7% |
| CVX Chevron Corp. | 1.32% | 706,016 | $107.6M | Add +0.6% |
| AVGO Broadcom Inc. | 1.31% | 307,173 | $106.3M | Reduce -0.9% |
| GOOG Alphabet Inc. Class C | 1.25% | 323,184 | $101.4M | Reduce -6.2% |
| C Citigroup Inc. | 1.25% | 868,258 | $101.3M | Reduce -5.3% |
| FDX FedEx Corp. | 1.02% | 286,726 | $82.8M | Reduce -3.0% |
| VOD Vodafone Group PLC-SP ADR | 0.93% | 5,741,814 | $75.8M | Reduce -3.8% |
| MA Mastercard Inc. Class A | 0.92% | 130,495 | $74.5M | Reduce -10.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.90% | 252,244 | $73.2M | Reduce -1.7% |
| META Meta Platforms Inc. Class A | 0.86% | 105,670 | $69.8M | Reduce -5.0% |
| MGA Magna International Inc. | 0.83% | 1,274,066 | $67.9M | Reduce -6.4% |
| LLY Eli Lilly & Co. | 0.82% | 62,202 | $66.8M | Reduce -5.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.81% | 96,948 | $66.1M | Add +31.8% |
| THO Thor Industries Inc. | 0.80% | 637,275 | $65.4M | Reduce -5.1% |
| DG Dollar General Corp. | 0.72% | 442,536 | $58.8M | Reduce -34.7% |
| GM General Motors Co. | 0.70% | 697,727 | $56.7M | Reduce -36.9% |
| NOW ServiceNow Inc. | 0.69% | 364,352 | $55.8M | Reduce -1.2% |
| LEN Lennar Corp. Class A | 0.69% | 542,190 | $55.7M | Add +19.6% |
| MS Morgan Stanley | 0.66% | 301,458 | $53.5M | Add +4.5% |
| SGOV iShares 0-3 Month Treasury B | 0.66% | 531,478 | $53.3M | Add +32.1% |
| MRK Merck & Co. Inc. | 0.65% | 502,885 | $52.9M | Reduce -9.2% |
| CSCO Cisco Systems Inc. | 0.64% | 680,608 | $52.4M | Reduce -4.4% |
| ORCL Oracle Corp. | 0.64% | 267,061 | $52.1M | Reduce -10.8% |
| MDT Medtronic PLC | 0.61% | 519,311 | $49.9M | Reduce -4.6% |
| XLK SS Technology Select Sector | 0.61% | 346,078 | $49.8M | Reduce -1.8% |
| XLC SS Comm Select Sector SPDR | 0.60% | 415,926 | $49.0M | Add +8.2% |
| KLAC KLA Corp. | 0.60% | 39,865 | $48.4M | Add +2.6% |
| IWD iShares Russell 1000 Value E | 0.59% | 227,918 | $47.9M | Add +157.3% |
| SHOP Shopify Inc. Class A | 0.57% | 287,004 | $46.2M | Reduce -14.9% |
| GLW Corning Inc. | 0.55% | 513,749 | $45.0M | Reduce -2.8% |
| ABBV Abbvie Inc. | 0.53% | 187,578 | $42.9M | Add +0.9% |
| LBTYK Liberty Global Ltd. Class C | 0.53% | 3,866,996 | $42.7M | Reduce -5.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.51% | 137,028 | $41.6M | Add +4.8% |
| ISRG Intuitive Surgical Inc. | 0.49% | 71,077 | $40.3M | Add +29.3% |
| GD General Dynamics Corp. | 0.49% | 118,609 | $39.9M | Reduce -1.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.49% | 37,309 | $39.9M | Reduce -1.7% |
| CVS CVS Health Corp. | 0.49% | 502,296 | $39.9M | Reduce -1.5% |
| NFLX Netflix Inc. | 0.47% | 411,555 | $38.6M | Reduce -22.3% |
| IWF iShares Russell 1000 Growth | 0.47% | 80,995 | $38.3M | Add +247.5% |
| LOW Lowe's Cos Inc. | 0.46% | 155,120 | $37.4M | Add +2.3% |
| CB Chubb Ltd. | 0.45% | 118,390 | $37.0M | Add +1.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.45% | 237,056 | $36.4M | Reduce -0.6% |
| UL Unilever PLC-Sponsored ADR | 0.45% | 555,108 | $36.3M | Reduce -2.0% |
| DHR Danaher Corp. | 0.45% | 158,088 | $36.2M | Reduce -3.1% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.44% | 488,855 | $35.5M | Reduce -1.8% |
| TMO Thermo Fisher Scientific Inc. | 0.44% | 61,270 | $35.5M | Add +2.0% |
| T AT&T Inc. | 0.42% | 1,362,429 | $33.8M | Reduce -3.8% |
| CAT Caterpillar Inc. | 0.41% | 58,698 | $33.6M | Add +6.5% |
| INTU Intuit Inc. | 0.40% | 49,247 | $32.6M | Reduce -0.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.40% | 631,405 | $32.1M | Add +11.8% |
| PM Philip Morris International | 0.38% | 192,034 | $30.8M | Add +3.1% |
| NVS Novartis AG-Sponsored ADR | 0.37% | 220,181 | $30.4M | Reduce -1.2% |
| SPGI S&P Global Inc. | 0.37% | 58,025 | $30.3M | Reduce -3.0% |
| MO Altria Group Inc. | 0.36% | 505,373 | $29.1M | Reduce -5.6% |
| XOM Exxon Mobil Corp. | 0.36% | 240,383 | $28.9M | Reduce -7.7% |
| ENB Enbridge Inc. | 0.35% | 602,524 | $28.8M | Reduce -4.3% |
| UBER Uber Technologies Inc. | 0.34% | 339,716 | $27.8M | Reduce -9.0% |
| CMCSA Comcast Corp. Class A | 0.34% | 921,532 | $27.5M | Reduce -9.9% |
| HD Home Depot Inc. | 0.34% | 79,369 | $27.3M | Reduce -21.6% |
| CRH CRH PLC | 0.33% | 213,982 | $26.7M | Reduce -1.9% |
| EFA iShares MSCI Eafe ETF | 0.33% | 276,241 | $26.5M | Add +3.6% |
| BMY Bristol-Myers Squibb Co. | 0.32% | 485,157 | $26.2M | Reduce -8.7% |
| XLY SS Consumer Disc Select Sect | 0.32% | 217,428 | $26.0M | Reduce -0.6% |
| TSLA Tesla Inc. | 0.32% | 56,995 | $25.6M | Reduce -3.6% |
| JCI Johnson Controls Internation | 0.31% | 211,496 | $25.3M | Reduce -11.0% |
| SBUX Starbucks Corp. | 0.31% | 296,802 | $25.0M | Reduce -19.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.30% | 217,054 | $24.7M | Reduce -3.1% |
| IAU iShares Gold Trust | 0.30% | 303,847 | $24.7M | Reduce -4.5% |
| WMB Williams Cos Inc. | 0.30% | 407,498 | $24.5M | Add +18.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 80,488 | $23.8M | Add +2.2% |
| UPS United Parcel Service Class B | 0.29% | 237,543 | $23.6M | Reduce -13.2% |
| ACN Accenture PLC Class A | 0.29% | 87,169 | $23.4M | Reduce -13.4% |
| EMR Emerson Electric Co. | 0.29% | 176,161 | $23.4M | Reduce -1.8% |
| PEP Pepsico Inc. | 0.29% | 162,242 | $23.3M | Add +22.8% |
| ZTS Zoetis Inc. | 0.28% | 183,520 | $23.1M | Reduce -30.1% |
| IDXX Idexx Laboratories Inc. | 0.28% | 34,100 | $23.1M | Add +13.0% |
| IWM iShares Russell 2000 ETF | 0.28% | 91,490 | $22.5M | Add +12.1% |
| VZ Verizon Communications Inc. | 0.27% | 537,659 | $21.9M | Reduce -2.2% |
| PANW Palo Alto Networks Inc. | 0.27% | 118,437 | $21.8M | Reduce -1.6% |
| SNPS Synopsys Inc. | 0.26% | 45,712 | $21.5M | Reduce -15.2% |
| COF Capital One Financial Corp. | 0.26% | 88,551 | $21.5M | Reduce -1.6% |
| AMT American Tower Corp. | 0.26% | 121,641 | $21.4M | Add +1.4% |
| NEE Nextera Energy Inc. | 0.26% | 262,863 | $21.1M | Reduce -0.6% |
| WMT Walmart Inc. | 0.26% | 188,985 | $21.1M | Add +3.6% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.26% | 103,007 | $20.8M | Reduce -3.0% |
| QCOM Qualcomm Inc. | 0.25% | 120,250 | $20.6M | Add +21.0% |
| VRSK Verisk Analytics Inc. | 0.25% | 90,522 | $20.2M | Add +25.6% |
| NTRS Northern Trust Corp. | 0.25% | 148,036 | $20.2M | Reduce -2.9% |
| GPC Genuine Parts Co. | 0.25% | 163,858 | $20.1M | Add +7.9% |
| TFC Truist Financial Corp. | 0.25% | 406,207 | $20.0M | Reduce -3.7% |
| HEI Heico Corp. | 0.25% | 61,717 | $20.0M | Reduce -4.3% |
| DUK Duke Energy Corp. | 0.24% | 169,528 | $19.9M | Reduce -4.8% |
| COP Conocophillips | 0.24% | 208,901 | $19.6M | Reduce -1.4% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $858K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 2,943 | $222K | Reduce -0.6% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 4,261 | $221K | Reduce -0.4% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 174 | $211K | Reduce -4.9% |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 3,705 | $204K | Reduce -0.5% |
Total filed on the 13F, all lines: $8.1B.
Portfolio Sells Q3 2025 → Q4 2025
| AMZN Amazon.com Inc. | Sold out | 0.00% | −1.71 |
| AAPL Apple Inc. | Sold out | 0.00% | −1.01 |
| RTX RTX Corp. | Sold out | 0.00% | −0.89 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.62 |
| ARW Arrow Electronics Inc. | Sold out | 0.00% | −0.49 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.43 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −0.37 |
| ORCL Oracle Corp. | Reduce -10.8% | 0.64% | −0.29 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.28 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.27 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.27 |
| NFLX Netflix Inc. | Reduce -22.3% | 0.47% | −0.22 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.20 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.19 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −0.19 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.19 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.17 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.17 |
| BA The Boeing Co. | Sold out | 0.00% | −0.16 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.14 |
| BX Blackstone Inc. | Reduce -96.9% | 0.00% | −0.14 |
| ZTS Zoetis Inc. | Reduce -30.1% | 0.28% | −0.14 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.13 |
| VRSN Verisign Inc. | Sold out | 0.00% | −0.12 |
| HD Home Depot Inc. | Reduce -21.6% | 0.34% | −0.12 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.11 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.10 |
| ALL Allstate Corp. | Sold out | 0.00% | −0.10 |
| AIG American International Group | Sold out | 0.00% | −0.09 |
| AEIS Advanced Energy Industries | Sold out | 0.00% | −0.09 |
| DEO Diageo PLC-Sponsored ADR | Reduce -33.8% | 0.16% | −0.08 |
| TGT Target Corp. | Sold out | 0.00% | −0.08 |
| AJG Arthur J Gallagher & Co. | Reduce -47.9% | 0.07% | −0.08 |
| COR Cencora Inc. | Sold out | 0.00% | −0.07 |
| EQH Equitable Holdings Inc. | Sold out | 0.00% | −0.07 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.07 |
| AEP American Electric Power | Sold out | 0.00% | −0.07 |
| PAYC Paycom Software Inc. | Reduce -20.6% | 0.15% | −0.07 |
| MRVL Marvell Technology Inc. | Reduce -85.4% | 0.01% | −0.06 |
| WDAY Workday Inc. Class A | Reduce -63.9% | 0.03% | −0.06 |
| NKE Nike Inc. Class B | Reduce -74.7% | 0.02% | −0.06 |
| UBER Uber Technologies Inc. | Reduce -9.0% | 0.34% | −0.06 |
| NOW ServiceNow Inc. | Reduce -1.2% | 0.69% | −0.06 |
| AMCR Amcor PLC | Reduce -78.4% | 0.02% | −0.06 |
| MSI Motorola Solutions Inc. | Reduce -58.5% | 0.04% | −0.06 |
| EOG EOG Resources Inc. | Reduce -56.3% | 0.05% | −0.06 |
| BCS Barclays PLC-Spons ADR | Sold out | 0.00% | −0.06 |
| CSGP Costar Group Inc. | Reduce -12.7% | 0.20% | −0.06 |
| CTAS Cintas Corp. | Reduce -47.9% | 0.06% | −0.06 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| GBIL Goldman Sachs Access Treasur | Add +38.7% | 2.05% | +0.72 |
| IWD iShares Russell 1000 Value E | Add +157.3% | 0.59% | +0.39 |
| IWF iShares Russell 1000 Growth | Add +247.5% | 0.47% | +0.35 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +31.8% | 0.81% | +0.27 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +0.0% | 2.59% | +0.26 |
| ISRG Intuitive Surgical Inc. | Add +29.3% | 0.49% | +0.22 |
| SGOV iShares 0-3 Month Treasury B | Add +32.1% | 0.66% | +0.21 |
| MS Morgan Stanley | Add +4.5% | 0.66% | +0.15 |
| CRM Salesforce Inc. | Add +121.4% | 0.23% | +0.15 |
| KLAC KLA Corp. | Add +2.6% | 0.60% | +0.13 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.13% | +0.13 |
| CVX Chevron Corp. | Add +0.6% | 1.32% | +0.12 |
| FHN First Horizon Corp. | New | 0.12% | +0.12 |
| CAT Caterpillar Inc. | Add +6.5% | 0.41% | +0.12 |
| TMO Thermo Fisher Scientific Inc. | Add +2.0% | 0.44% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.8% | 0.51% | +0.11 |
| WFC Wells Fargo & Co. | Add +55.1% | 0.22% | +0.10 |
| XLC SS Comm Select Sector SPDR | Add +8.2% | 0.60% | +0.10 |
| GEV GE Vernova Inc. | Add +2124.3% | 0.10% | +0.10 |
| CB Chubb Ltd. | Add +1.5% | 0.45% | +0.09 |
| CTRA Coterra Energy Inc. | Add +44.3% | 0.19% | +0.08 |
| PEP Pepsico Inc. | Add +22.8% | 0.29% | +0.08 |
| GS Goldman Sachs Group Inc. | Add +25.1% | 0.22% | +0.08 |
| DELL Dell Technologies -C | Add +93.9% | 0.16% | +0.08 |
| IDXX Idexx Laboratories Inc. | Add +13.0% | 0.28% | +0.07 |
| FCX Freeport-McMoran Inc. | Add +13.1% | 0.18% | +0.07 |
| QCOM Qualcomm Inc. | Add +21.0% | 0.25% | +0.07 |
| CRDO Credo Technology Group Holdi | Add +336.4% | 0.09% | +0.07 |
| MDY State Street SPDR S&P Midcap | Add +1417.0% | 0.07% | +0.07 |
| HWM Howmet Aerospace Inc. | Add +49.8% | 0.16% | +0.07 |
| WMB Williams Cos Inc. | Add +18.8% | 0.30% | +0.06 |
| IWP iShares Russell Mid-Cap Grow | Add +698.5% | 0.07% | +0.06 |
| IWM iShares Russell 2000 ETF | Add +12.1% | 0.28% | +0.06 |
| LEN Lennar Corp. Class A | Add +19.6% | 0.69% | +0.06 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +262.6% | 0.08% | +0.05 |
| ABBV Abbvie Inc. | Add +0.9% | 0.53% | +0.05 |
| XLV SS Health Care Select Sector | Add +6.0% | 0.22% | +0.05 |
| EFA iShares MSCI Eafe ETF | Add +3.6% | 0.33% | +0.05 |
| WMT Walmart Inc. | Add +3.6% | 0.26% | +0.05 |
| RIO Rio Tinto PLC-Spon ADR | Add +36.0% | 0.11% | +0.05 |
| UNP Union Pacific Corp. | Add +99.8% | 0.09% | +0.05 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +11.8% | 0.40% | +0.05 |
| STT State Street Corp. | New | 0.05% | +0.05 |
| VRSK Verisk Analytics Inc. | Add +25.6% | 0.25% | +0.05 |
| IBM Intl Business Machines Corp. | Add +2.2% | 0.29% | +0.05 |
| RBA RB Global Inc. | Add +20.5% | 0.22% | +0.05 |
| IFF Intl Flavors & Fragrances | New | 0.05% | +0.05 |
| PM Philip Morris International | Add +3.1% | 0.38% | +0.05 |
| IWO iShares Russell 2000 Growth | New | 0.04% | +0.04 |
| ACWI iShares MSCI Acwi ETF | New | 0.04% | +0.04 |
Notes & Other Activity Q3 2025 → Q4 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Sold out | 219 | $280Kbefore exit |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Sold out | 3,522 | $245Kbefore exit |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -0.6% | 2,943 | $222K |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Reduce -0.4% | 4,261 | $221K |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -4.9% | 174 | $211K |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | Reduce -0.5% | 3,705 | $204K |
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 | 1,127 | $9.6B | GBIL, MSFT, BIL, NVDA, JNJ |
| Q1 2026 | 1,109 | $8.8B | MSFT, GBIL, BIL, NVDA, JNJ |
| Q4 2025 | 1,059 | $8.1B | MSFT, BIL, NVDA, GBIL, JPM |
| Q3 2025 | 1,148 | $9.1B | MSFT, BIL, NVDA, AMZN, JPM |
| Q2 2025 | 1,149 | $8.7B | MSFT, BIL, AMZN, V, NVDA |
| Q1 2025 | 1,116 | $8.1B | MSFT, BIL, AMZN, V, GBIL |
| Q4 2024 | 1,147 | $8.2B | MSFT, AMZN, BIL, JPM, AAPL |
| Q3 2024 | 1,155 | $8.3B | MSFT, BIL, AMZN, GBIL, AAPL |
| Q2 2024 | 1,145 | $7.8B | MSFT, AMZN, BIL, JPM, V |
| Q1 2024 | 1,107 | $6.8B | MSFT, BIL, AMZN, GBIL, JPM |