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

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $504.9M Q1 2024 Q2 2024: $510.6M Q2 2024 Q3 2024: $530.6M Q3 2024 Q4 2024: $540.5M Q4 2024 Q1 2025: $525.4M $525.4M Q1 2025 Q2 2025: $545.7M Q2 2025 Q3 2025: $572.8M Q3 2025 Q4 2025: $587.4M Q4 2025 Q1 2026: $566.8M Q1 2026 Q2 2026: $680.2M Q2 2026

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
ICE Intercontinental Exchange Inc. 0.08% 2,485 $429K No change
IJH iShares Core S&P Midcap ETF 0.08% 7,275 $425K Reduce -6.1%
GE General Electric filed as GE AEROSPACE 0.08% 2,110 $422K No change
MCD McDonald's Corp. 0.08% 1,284 $401K Add +2.5%
LII Lennox International Inc. 0.07% 700 $393K No change
ZTS Zoetis Inc. 0.07% 2,377 $391K No change
HD Home Depot Inc. 0.07% 1,058 $388K Reduce -4.5%
SCHX Schwab US Large-Cap ETF 0.07% 17,430 $385K Reduce -12.9%
BLK BlackRock Inc. 0.07% 395 $374K No change
VZ Verizon Communications Inc. 0.07% 8,095 $367K Reduce -11.7%
NKE Nike Inc. Class B 0.07% 5,738 $364K Reduce -0.4%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.06% 808 $339K Reduce -14.9%
NEE Nextera Energy Inc. 0.06% 4,422 $313K Reduce -17.3%
GLW Corning Inc. 0.06% 6,775 $310K No change
PECO Phillips Edison & Company Inc. 0.06% 8,214 $300K No change
USB US Bancorp 0.06% 6,959 $294K No change
SO The Southern Co. 0.05% 3,060 $281K Reduce -20.9%
GBIL Goldman Sachs Access Treasur 0.05% 2,783 $279K New
XEL Xcel Energy Inc. 0.05% 3,896 $276K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.05% 2,256 $275K Add +19.0%
TGNA Tegna Inc. 0.05% 15,000 $273K No change
IWN iShares Russell 2000 Value E 0.05% 1,805 $273K Reduce -0.9%
IWR iShares Russell Mid-Cap ETF 0.05% 3,075 $262K No change
WY Weyerhaeuser Co. 0.05% 8,860 $259K No change
EEM iShares MSCI Emerging Market 0.05% 5,865 $256K No change
GLD SPDR Gold Shares 0.05% 885 $255K Reduce -6.8%
SBUX Starbucks Corp. 0.05% 2,581 $253K No change
SCHF Schwab Intl Equity ETF 0.05% 12,754 $252K Add +6.7%
ADP Automatic Data Processing 0.05% 803 $245K Add +14.2%
INTC Intel Corp. 0.05% 10,795 $245K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.05% 5,843 $244K Add +0.7%
TXN Texas Instruments Inc. 0.05% 1,337 $240K Add +4.7%
IXN iShares Global Tech ETF 0.04% 3,076 $233K No change
PM Philip Morris International 0.04% 1,461 $232K New
AMGN Amgen Inc. 0.04% 739 $230K New
SPYG SS SPDR P S&P 500 Growth ETF 0.04% 2,833 $228K New
RY Royal Bank of Canada 0.04% 2,000 $225K No change
NVS Novartis AG-Sponsored ADR 0.04% 2,000 $223K New
NET Cloudflare Inc. Class A 0.04% 1,920 $216K Reduce -38.0%
IJS iShares S&P Small-Cap 600 Va 0.04% 2,200 $214K No change
SCHD Schwab US DVD Equity ETF 0.04% 7,500 $210K No change
VFC VF Corp. 0.04% 13,235 $205K No change
MAR Marriott International Class A 0.04% 860 $205K No change
PANW Palo Alto Networks Inc. 0.04% 1,188 $203K No change
UUUU Energy Fuels Inc. 0.01% 10,000 $37K No change
TASEKO MINES LTD 0.01% 12,000 $27K 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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 181$680.2MAAPL, GOOGL, CSCO, JPM, MSFT
Q1 2026 147$566.8MAAPL, GOOGL, JPM, VGSH, MSFT
Q4 2025 152$587.4MGOOGL, AAPL, MSFT, JPM, VGSH
Q3 2025 148$572.8MMSFT, AAPL, GOOGL, JPM, VGSH
Q2 2025 148$545.7MMSFT, AAPL, JPM, VGSH, BILS
Q1 2025 146$525.4MAAPL, MSFT, JPM, BILS, SPGI
Q4 2024 147$540.5MAAPL, MSFT, GOOGL, JPM, SPGI
Q3 2024 150$530.6MAAPL, MSFT, SPGI, ORCL, JPM
Q2 2024 147$510.6MMSFT, AAPL, GOOGL, SPGI, JPM
Q1 2024 146$504.9MMSFT, AAPL, SYK, JPM, SPGI