Peak Asset Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Peak Asset Management, LLC reported 146 stock positions worth $525.4 million. Its top holding was Apple (AAPL) at 5.0% of the portfolio, followed by Microsoft (MSFT, 4.4%) and JPMorgan Chase (JPM, 3.8%). Compared with Q4 2024, it opened 7 new positions, sold out of 8, added to 38 and reduced 59. The biggest buy was a new position in Berkshire Hathaway Class A (BRK.A) and the biggest sale Alphabet Class A (GOOGL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- LOUISVILLE, CO
- CIK
- 0001632512
- Portfolio Value
- $525.4M (Q1 2025)
- SEC Filing
- 0001062993-25-008726 ↗ filed May 7, 2025
Holdings Value
Holdings 146 stocks · $525.4M
| AAPL Apple Inc. | 4.95% | 117,178 | $26.0M | Reduce -1.6% |
| MSFT Microsoft Corp. | 4.38% | 61,265 | $23.0M | Add +0.2% |
| JPM JPMorgan Chase & Co. | 3.79% | 81,279 | $19.9M | Reduce -4.8% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 3.72% | 196,402 | $19.5M | Add +2.2% |
| SPGI S&P Global Inc. | 3.68% | 38,021 | $19.3M | Reduce -2.6% |
| V Visa Inc. Class A | 3.62% | 54,277 | $19.0M | Reduce -4.9% |
| VGSH Vanguard Short-Term Treasury | 3.60% | 321,884 | $18.9M | Add +7.6% |
| SYK Stryker Corp. | 3.43% | 48,446 | $18.0M | Reduce -1.3% |
| GOOGL Alphabet Inc. Class A | 3.21% | 109,135 | $16.9M | Reduce -1.7% |
| RTX RTX Corp. | 3.18% | 126,062 | $16.7M | Reduce -0.7% |
| RSP Invesco S&P 500 Equal Weight | 3.00% | 90,844 | $15.7M | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 2.82% | 239,960 | $14.8M | Add +0.4% |
| PCAR Paccar Inc. | 2.58% | 139,477 | $13.6M | Add +0.6% |
| AVUV Avantis US Small Cap Value | 2.45% | 147,439 | $12.9M | Add +6.0% |
| BKNG Booking Holdings Inc. | 2.43% | 2,769 | $12.8M | Add +0.2% |
| EMR Emerson Electric Co. | 2.41% | 115,722 | $12.7M | Add +0.8% |
| FTNT Fortinet Inc. | 2.36% | 128,821 | $12.4M | Reduce -0.9% |
| PJP Invesco Pharmaceuticals ETF | 2.19% | 132,817 | $11.5M | Add +0.6% |
| VGLT Vanguard Long-Term Treasury | 2.19% | 199,317 | $11.5M | Add +3.5% |
| BDX Becton Dickinson and Co. | 2.08% | 47,819 | $11.0M | Add +1.1% |
| ORCL Oracle Corp. | 2.04% | 76,741 | $10.7M | Reduce -0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.77% | 94,002 | $9.3M | Reduce -8.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.69% | 15,857 | $8.9M | Add +3.1% |
| QQQ Invesco QQQ Trust Series 1 | 1.58% | 17,735 | $8.3M | Reduce -1.2% |
| VOO Vanguard S&P 500 ETF | 1.36% | 13,902 | $7.1M | Reduce -0.1% |
| COP Conocophillips | 1.36% | 67,877 | $7.1M | Add +1.6% |
| AVNM Avantis All Intl MKTS Eq ETF | 1.12% | 101,158 | $5.9M | Add +6.0% |
| CVX Chevron Corp. | 1.03% | 32,501 | $5.4M | Reduce -0.1% |
| IVV iShares Core S&P 500 ETF | 0.97% | 9,098 | $5.1M | Reduce -0.9% |
| MDY State Street SPDR S&P Midcap | 0.97% | 9,568 | $5.1M | Reduce -1.9% |
| AMZN Amazon.com Inc. | 0.91% | 25,202 | $4.8M | Reduce -0.1% |
| MA Mastercard Inc. Class A | 0.81% | 7,805 | $4.3M | Reduce -0.4% |
| PG The Procter & Gamble Co. | 0.77% | 23,842 | $4.1M | Reduce -2.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.76% | 5 | $4.0M | New |
| COST Costco Wholesale Corp. | 0.70% | 3,904 | $3.7M | Reduce -8.6% |
| KMI Kinder Morgan Inc. | 0.68% | 124,839 | $3.6M | Reduce -2.1% |
| UNP Union Pacific Corp. | 0.65% | 14,366 | $3.4M | No change |
| IWM iShares Russell 2000 ETF | 0.64% | 16,913 | $3.4M | Reduce -0.5% |
| VNLA Janus Henderson Short Durati | 0.63% | 66,965 | $3.3M | Add +32.2% |
| AVEM Avantis Emerging Markets Eq | 0.62% | 54,460 | $3.3M | Add +1.5% |
| SHY iShares 1-3 Year Treasury Bo | 0.55% | 35,087 | $2.9M | Reduce -0.9% |
| ECL Ecolab Inc. | 0.54% | 11,108 | $2.8M | Reduce -1.5% |
| RSG Republic Services Inc. | 0.53% | 11,502 | $2.8M | Reduce -3.2% |
| ORLY O'reilly Automotive Inc. | 0.53% | 1,938 | $2.8M | Add +1.0% |
| MDT Medtronic PLC | 0.50% | 28,971 | $2.6M | Reduce -8.8% |
| BMY Bristol-Myers Squibb Co. | 0.44% | 38,139 | $2.3M | Add +1.0% |
| ACN Accenture PLC Class A | 0.41% | 6,867 | $2.1M | Add +4.0% |
| GLNG Golar LNG Ltd. | 0.41% | 56,350 | $2.1M | No change |
| SDY SS SPDR S&P Dividend ETF | 0.38% | 14,876 | $2.0M | No change |
| WFC Wells Fargo & Co. | 0.38% | 27,713 | $2.0M | Reduce -7.0% |
| JNJ Johnson & Johnson | 0.37% | 11,862 | $2.0M | Reduce -1.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.37% | 7,598 | $2.0M | Reduce -23.0% |
| ABT Abbott Laboratories | 0.36% | 14,192 | $1.9M | Reduce -2.8% |
| XOM Exxon Mobil Corp. | 0.34% | 15,006 | $1.8M | Reduce -2.3% |
| SWK Stanley Black & Decker Inc. | 0.33% | 22,733 | $1.7M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.32% | 3,426 | $1.7M | Add +0.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.32% | 7,649 | $1.7M | Reduce -4.2% |
| AMAT Applied Materials Inc. | 0.32% | 11,522 | $1.7M | Add +212.6% |
| PEP Pepsico Inc. | 0.32% | 11,152 | $1.7M | Reduce -1.9% |
| MRK Merck & Co. Inc. | 0.31% | 18,327 | $1.6M | Add +3.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.31% | 38,891 | $1.6M | Reduce -1.1% |
| ADBE Adobe Inc. | 0.30% | 4,167 | $1.6M | Add +1.6% |
| APH Amphenol Corp. Class A | 0.30% | 24,095 | $1.6M | No change |
| UBER Uber Technologies Inc. | 0.28% | 20,290 | $1.5M | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.27% | 15,720 | $1.4M | Reduce -23.0% |
| INTU Intuit Inc. | 0.27% | 2,345 | $1.4M | Add +0.3% |
| IJR iShares Core S&P Small-Cap E | 0.27% | 13,740 | $1.4M | Reduce -0.5% |
| AVGO Broadcom Inc. | 0.26% | 8,196 | $1.4M | Reduce -13.5% |
| GOOG Alphabet Inc. Class C | 0.26% | 8,659 | $1.4M | Reduce -4.2% |
| NVDA Nvidia Corp. | 0.20% | 9,923 | $1.1M | Reduce -8.0% |
| UNH Unitedhealth Group Inc. | 0.20% | 2,041 | $1.1M | Add +0.2% |
| QCOM Qualcomm Inc. | 0.19% | 6,481 | $996K | Add +0.4% |
| KO The Coca-Cola Co. | 0.18% | 13,313 | $953K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.17% | 3,304 | $908K | Add +5.7% |
| PGR Progressive Corp. | 0.16% | 2,962 | $838K | No change |
| LOW Lowe's Cos Inc. | 0.15% | 3,341 | $779K | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.15% | 6,593 | $779K | Reduce -29.6% |
| CSD Invesco S&P Spin-Off ETF | 0.14% | 9,931 | $745K | No change |
| PFE Pfizer Inc. | 0.14% | 28,366 | $719K | Add +0.0% |
| MINT PIMCO Enhanced Short Maturit | 0.13% | 6,860 | $690K | No change |
| EFA iShares MSCI Eafe ETF | 0.13% | 8,405 | $687K | No change |
| AMJB Alerian MLP ETN2044 filed as JPMORGAN CHASE FINL CO LLC | 0.12% | 20,138 | $654K | Reduce -17.0% |
| META Meta Platforms Inc. Class A | 0.12% | 1,131 | $652K | Add +4.0% |
| VUSB Vanguard Ultra Short Bond Et | 0.12% | 12,662 | $631K | No change |
| CHD Church & Dwight Co. Inc. | 0.12% | 5,486 | $604K | Reduce -14.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 2,400 | $597K | Add +14.2% |
| DE Deere & Co. | 0.10% | 1,160 | $544K | Add +4.5% |
| HON Honeywell International Inc. | 0.10% | 2,534 | $537K | No change |
| SMH Vaneck Semiconductor ETF | 0.10% | 2,455 | $519K | Reduce -1.0% |
| XLE SS Energy Select Sector | 0.10% | 5,531 | $517K | Reduce -51.9% |
| SNOW Snowflake Inc. | 0.10% | 3,475 | $508K | Reduce -24.1% |
| VEA Vanguard Ftse Developed ETF | 0.10% | 9,904 | $503K | Reduce -1.0% |
| VWO Vanguard Ftse Emerging Marke | 0.09% | 11,022 | $499K | Add +2.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.09% | 2,950 | $490K | Reduce -7.8% |
| TRV The Travelers Cos Inc. | 0.09% | 1,814 | $480K | No change |
| MMM 3M Co. | 0.09% | 3,161 | $464K | No change |
| EW Edwards Lifesciences Corp. | 0.09% | 6,343 | $460K | No change |
| WMT Walmart Inc. | 0.09% | 5,235 | $460K | No change |
| LH Labcorp Holdings Inc. | 0.08% | 1,917 | $446K | Reduce -9.4% |
| AMTM Amentum Holdings Inc. | 0.08% | 24,000 | $437K | No change |
Options reported separately and not counted above: VFC calls ($23K).
Portfolio Sells Q4 2024 → Q1 2025
| GOOGL Alphabet Inc. Class A | Reduce -1.7% | 3.21% | −0.68 |
| J Jacobs Solutions Inc. | Sold out | 0.00% | −0.59 |
| AAPL Apple Inc. | Reduce -1.6% | 4.95% | −0.56 |
| DIS The Walt Disney Co. | Reduce -8.0% | 1.77% | −0.34 |
| ORCL Oracle Corp. | Reduce -0.3% | 2.04% | −0.33 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.22 |
| MKSI MKS Inc. | Sold out | 0.00% | −0.18 |
| AVGO Broadcom Inc. | Reduce -13.5% | 0.26% | −0.15 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.2% | 1.58% | −0.11 |
| AMZN Amazon.com Inc. | Reduce -0.1% | 0.91% | −0.11 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -23.0% | 0.37% | −0.11 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −0.10 |
| XLE SS Energy Select Sector | Reduce -51.9% | 0.10% | −0.08 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -23.0% | 0.27% | −0.07 |
| NVDA Nvidia Corp. | Reduce -8.0% | 0.20% | −0.06 |
| TGT Target Corp. | Sold out | 0.00% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -4.2% | 0.26% | −0.06 |
| MDY State Street SPDR S&P Midcap | Reduce -1.9% | 0.97% | −0.06 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.05 |
| IWM iShares Russell 2000 ETF | Reduce -0.5% | 0.64% | −0.05 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -29.6% | 0.15% | −0.05 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.05 |
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −0.05 |
| SNOW Snowflake Inc. | Reduce -24.1% | 0.10% | −0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -4.2% | 0.32% | −0.03 |
| VOO Vanguard S&P 500 ETF | Reduce -0.1% | 1.36% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -0.9% | 0.97% | −0.03 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -7.8% | 0.09% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -8.6% | 0.70% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.5% | 0.27% | −0.02 |
| NET Cloudflare Inc. Class A | Reduce -38.0% | 0.04% | −0.02 |
| SCHX Schwab US Large-Cap ETF | Reduce -12.9% | 0.07% | −0.01 |
| SMH Vaneck Semiconductor ETF | Reduce -1.0% | 0.10% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -17.3% | 0.06% | −0.01 |
| NKE Nike Inc. Class B | Reduce -0.4% | 0.07% | −0.01 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -14.9% | 0.06% | −0.01 |
| CHD Church & Dwight Co. Inc. | Reduce -14.6% | 0.12% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -6.1% | 0.08% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -7.0% | 0.38% | −0.01 |
| AMJB Alerian MLP ETN2044 | Reduce -17.0% | 0.12% | −0.01 |
| HD Home Depot Inc. | Reduce -4.5% | 0.07% | −0.01 |
| SO The Southern Co. | Reduce -20.9% | 0.05% | −0.01 |
| LH Labcorp Holdings Inc. | Reduce -9.4% | 0.08% | −0.00 |
| IWN iShares Russell 2000 Value E | Reduce -0.9% | 0.05% | −0.00 |
| PEP Pepsico Inc. | Reduce -1.9% | 0.32% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -11.7% | 0.07% | +0.00 |
| GLD SPDR Gold Shares | Reduce -6.8% | 0.05% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.0% | 0.10% | +0.01 |
| JPM JPMorgan Chase & Co. | Reduce -4.8% | 3.79% | +0.01 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -0.9% | 0.55% | +0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.76% | +0.76 |
| VGSH Vanguard Short-Term Treasury | Add +7.6% | 3.60% | +0.38 |
| UBER Uber Technologies Inc. | New | 0.28% | +0.28 |
| VGLT Vanguard Long-Term Treasury | Add +3.5% | 2.19% | +0.21 |
| AMAT Applied Materials Inc. | Add +212.6% | 0.32% | +0.21 |
| CSCO Cisco Systems Inc. | Add +0.4% | 2.82% | +0.20 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +2.2% | 3.72% | +0.20 |
| PJP Invesco Pharmaceuticals ETF | Add +0.6% | 2.19% | +0.17 |
| VNLA Janus Henderson Short Durati | Add +32.2% | 0.63% | +0.17 |
| AVNM Avantis All Intl MKTS Eq ETF | Add +6.0% | 1.12% | +0.16 |
| COP Conocophillips | Add +1.6% | 1.36% | +0.13 |
| ORLY O'reilly Automotive Inc. | Add +1.0% | 0.53% | +0.11 |
| BDX Becton Dickinson and Co. | Add +1.1% | 2.08% | +0.10 |
| GBIL Goldman Sachs Access Treasur | New | 0.05% | +0.05 |
| BMY Bristol-Myers Squibb Co. | Add +1.0% | 0.44% | +0.05 |
| PM Philip Morris International | New | 0.04% | +0.04 |
| AMGN Amgen Inc. | New | 0.04% | +0.04 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.04% | +0.04 |
| NVS Novartis AG-Sponsored ADR | New | 0.04% | +0.04 |
| AVEM Avantis Emerging Markets Eq | Add +1.5% | 0.62% | +0.04 |
| IBM Intl Business Machines Corp. | Add +14.2% | 0.11% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.1% | 1.69% | +0.02 |
| DE Deere & Co. | Add +4.5% | 0.10% | +0.02 |
| UNH Unitedhealth Group Inc. | Add +0.2% | 0.20% | +0.01 |
| TJX TJX Companies Inc. | Add +19.0% | 0.05% | +0.01 |
| MCD McDonald's Corp. | Add +2.5% | 0.08% | +0.01 |
| ADP Automatic Data Processing | Add +14.2% | 0.05% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +2.5% | 0.09% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +6.7% | 0.05% | +0.01 |
| META Meta Platforms Inc. Class A | Add +4.0% | 0.12% | +0.01 |
| QCOM Qualcomm Inc. | Add +0.4% | 0.19% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +5.7% | 0.17% | +0.01 |
| INTU Intuit Inc. | Add +0.3% | 0.27% | +0.00 |
| TXN Texas Instruments Inc. | Add +4.7% | 0.05% | +0.00 |
| BAC Bank of America Corp. | Add +0.7% | 0.05% | −0.00 |
| PFE Pfizer Inc. | Add +0.0% | 0.14% | −0.00 |
| TMO Thermo Fisher Scientific Inc. | Add +0.7% | 0.32% | −0.00 |
| MRK Merck & Co. Inc. | Add +3.9% | 0.31% | −0.01 |
| ACN Accenture PLC Class A | Add +4.0% | 0.41% | −0.02 |
| ADBE Adobe Inc. | Add +1.6% | 0.30% | −0.03 |
| AVUV Avantis US Small Cap Value | Add +6.0% | 2.45% | −0.04 |
| PCAR Paccar Inc. | Add +0.6% | 2.58% | −0.08 |
| BKNG Booking Holdings Inc. | Add +0.2% | 2.43% | −0.11 |
| EMR Emerson Electric Co. | Add +0.8% | 2.41% | −0.22 |
| MSFT Microsoft Corp. | Add +0.2% | 4.38% | −0.39 |
Options Activity Q4 2024 → Q1 2025
| VFC VF Corp. | call | Reduce -40.0% | 1,500 | $23K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 181 | $680.2M | AAPL, GOOGL, CSCO, JPM, MSFT |
| Q1 2026 | 147 | $566.8M | AAPL, GOOGL, JPM, VGSH, MSFT |
| Q4 2025 | 152 | $587.4M | GOOGL, AAPL, MSFT, JPM, VGSH |
| Q3 2025 | 148 | $572.8M | MSFT, AAPL, GOOGL, JPM, VGSH |
| Q2 2025 | 148 | $545.7M | MSFT, AAPL, JPM, VGSH, BILS |
| Q1 2025 | 146 | $525.4M | AAPL, MSFT, JPM, BILS, SPGI |
| Q4 2024 | 147 | $540.5M | AAPL, MSFT, GOOGL, JPM, SPGI |
| Q3 2024 | 150 | $530.6M | AAPL, MSFT, SPGI, ORCL, JPM |
| Q2 2024 | 147 | $510.6M | MSFT, AAPL, GOOGL, SPGI, JPM |
| Q1 2024 | 146 | $504.9M | MSFT, AAPL, SYK, JPM, SPGI |