Peak Asset Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Peak Asset Management, LLC reported 148 stock positions worth $545.7 million. Its top holding was Microsoft (MSFT) at 5.5% of the portfolio, followed by Apple (AAPL, 4.4%) and JPMorgan Chase (JPM, 4.3%). Compared with Q1 2025, it opened 5 new positions, sold out of 3, added to 52 and reduced 37. The biggest buy was Oracle (ORCL, shares +0%) and the biggest sale an exit from RTX (RTX).
- Most Recent 13F
- Q2 2026
- Location
- LOUISVILLE, CO
- CIK
- 0001632512
- Portfolio Value
- $545.7M (Q2 2025)
- SEC Filing
- 0001062993-25-014438 ↗ filed Aug 14, 2025
Holdings Value
Holdings 148 stocks · $545.7M
| MSFT Microsoft Corp. | 5.47% | 60,011 | $29.8M | Reduce -2.0% |
| AAPL Apple Inc. | 4.44% | 118,034 | $24.2M | Add +0.7% |
| JPM JPMorgan Chase & Co. | 4.28% | 80,513 | $23.3M | Reduce -0.9% |
| VGSH Vanguard Short-Term Treasury | 3.74% | 347,029 | $20.4M | Add +7.8% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 3.62% | 198,943 | $19.8M | Add +1.3% |
| SPGI S&P Global Inc. | 3.62% | 37,443 | $19.7M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 3.55% | 109,960 | $19.4M | Add +0.8% |
| SYK Stryker Corp. | 3.52% | 48,576 | $19.2M | Add +0.3% |
| V Visa Inc. Class A | 3.49% | 53,689 | $19.1M | Reduce -1.1% |
| CSCO Cisco Systems Inc. | 3.13% | 245,931 | $17.1M | Add +2.5% |
| ORCL Oracle Corp. | 3.08% | 76,992 | $16.8M | Add +0.3% |
| RSP Invesco S&P 500 Equal Weight | 3.06% | 91,878 | $16.7M | Add +1.1% |
| BKNG Booking Holdings Inc. | 2.96% | 2,795 | $16.2M | Add +0.9% |
| EMR Emerson Electric Co. | 2.89% | 118,269 | $15.8M | Add +2.2% |
| FTNT Fortinet Inc. | 2.58% | 133,093 | $14.1M | Add +3.3% |
| PCAR Paccar Inc. | 2.52% | 144,928 | $13.8M | Add +3.9% |
| AVUV Avantis US Small Cap Value | 2.47% | 147,865 | $13.5M | Add +0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.18% | 95,780 | $11.9M | Add +1.9% |
| VGLT Vanguard Long-Term Treasury | 2.10% | 204,070 | $11.5M | Add +2.4% |
| PJP Invesco Pharmaceuticals ETF | 1.99% | 136,156 | $10.9M | Add +2.5% |
| QQQ Invesco QQQ Trust Series 1 | 1.91% | 18,853 | $10.4M | Add +6.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.79% | 15,798 | $9.8M | Reduce -0.4% |
| VOO Vanguard S&P 500 ETF | 1.49% | 14,296 | $8.1M | Add +2.8% |
| AVNM Avantis All Intl MKTS Eq ETF | 1.32% | 109,949 | $7.2M | Add +8.7% |
| COP Conocophillips | 1.19% | 72,179 | $6.5M | Add +6.3% |
| IVV iShares Core S&P 500 ETF | 1.02% | 8,925 | $5.5M | Reduce -1.9% |
| AMZN Amazon.com Inc. | 1.01% | 25,238 | $5.5M | Add +0.1% |
| MDY State Street SPDR S&P Midcap | 0.98% | 9,402 | $5.3M | Reduce -1.7% |
| CVX Chevron Corp. | 0.82% | 31,304 | $4.5M | Reduce -3.7% |
| MA Mastercard Inc. Class A | 0.79% | 7,714 | $4.3M | Reduce -1.2% |
| PG The Procter & Gamble Co. | 0.71% | 24,332 | $3.9M | Add +2.1% |
| AVEM Avantis Emerging Markets Eq | 0.71% | 56,400 | $3.9M | Add +3.6% |
| COST Costco Wholesale Corp. | 0.71% | 3,899 | $3.9M | Reduce -0.1% |
| IWM iShares Russell 2000 ETF | 0.67% | 16,913 | $3.6M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.67% | 5 | $3.6M | No change |
| KMI Kinder Morgan Inc. | 0.67% | 123,532 | $3.6M | Reduce -1.1% |
| VNLA Janus Henderson Short Durati | 0.64% | 70,931 | $3.5M | Add +5.9% |
| UNP Union Pacific Corp. | 0.60% | 14,351 | $3.3M | Reduce -0.1% |
| MDT Medtronic PLC | 0.58% | 36,435 | $3.2M | Add +25.8% |
| ECL Ecolab Inc. | 0.55% | 11,108 | $3.0M | No change |
| SHY iShares 1-3 Year Treasury Bo | 0.51% | 33,796 | $2.8M | Reduce -3.7% |
| RSG Republic Services Inc. | 0.50% | 11,087 | $2.7M | Reduce -3.6% |
| ACN Accenture PLC Class A | 0.48% | 8,839 | $2.6M | Add +28.7% |
| ORLY O'reilly Automotive Inc. | 0.48% | 28,905 | $2.6M | Reduce -0.6% |
| APH Amphenol Corp. Class A | 0.43% | 24,020 | $2.4M | Reduce -0.3% |
| UBER Uber Technologies Inc. | 0.43% | 25,308 | $2.4M | Add +24.7% |
| GLNG Golar LNG Ltd. | 0.43% | 56,350 | $2.3M | No change |
| AVGO Broadcom Inc. | 0.41% | 8,196 | $2.3M | No change |
| WFC Wells Fargo & Co. | 0.41% | 27,909 | $2.2M | Add +0.7% |
| SDY SS SPDR S&P Dividend ETF | 0.37% | 14,962 | $2.0M | Add +0.6% |
| AMAT Applied Materials Inc. | 0.37% | 11,020 | $2.0M | Reduce -4.4% |
| ABT Abbott Laboratories | 0.35% | 14,192 | $1.9M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.35% | 4,706 | $1.9M | Add +37.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.35% | 6,762 | $1.9M | Reduce -11.0% |
| XOM Exxon Mobil Corp. | 0.34% | 17,454 | $1.9M | Add +16.3% |
| INTU Intuit Inc. | 0.34% | 2,345 | $1.8M | No change |
| JNJ Johnson & Johnson | 0.34% | 11,998 | $1.8M | Add +1.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.33% | 7,649 | $1.8M | No change |
| ADBE Adobe Inc. | 0.32% | 4,488 | $1.7M | Add +7.7% |
| BMY Bristol-Myers Squibb Co. | 0.32% | 37,505 | $1.7M | Reduce -1.7% |
| UNH Unitedhealth Group Inc. | 0.29% | 5,094 | $1.6M | Add +149.6% |
| SWK Stanley Black & Decker Inc. | 0.28% | 22,733 | $1.5M | No change |
| GOOG Alphabet Inc. Class C | 0.28% | 8,659 | $1.5M | No change |
| NVDA Nvidia Corp. | 0.28% | 9,699 | $1.5M | Reduce -2.3% |
| IJR iShares Core S&P Small-Cap E | 0.28% | 13,940 | $1.5M | Add +1.5% |
| MRK Merck & Co. Inc. | 0.28% | 19,070 | $1.5M | Add +4.0% |
| PEP Pepsico Inc. | 0.25% | 10,220 | $1.3M | Reduce -8.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.24% | 39,156 | $1.3M | Add +0.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.20% | 3,620 | $1.1M | Add +9.6% |
| QCOM Qualcomm Inc. | 0.19% | 6,565 | $1.0M | Add +1.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.19% | 3,498 | $1.0M | Add +45.8% |
| KO The Coca-Cola Co. | 0.18% | 13,917 | $985K | Add +4.5% |
| META Meta Platforms Inc. Class A | 0.16% | 1,202 | $887K | Add +6.3% |
| CSD Invesco S&P Spin-Off ETF | 0.15% | 9,931 | $833K | No change |
| PGR Progressive Corp. | 0.14% | 2,962 | $790K | No change |
| LOW Lowe's Cos Inc. | 0.14% | 3,441 | $763K | Add +3.0% |
| IEI iShares 3-7 Year Treasury Bo | 0.14% | 6,389 | $761K | Reduce -3.1% |
| EFA iShares MSCI Eafe ETF | 0.14% | 8,405 | $751K | No change |
| PFE Pfizer Inc. | 0.13% | 28,768 | $697K | Add +1.4% |
| MINT PIMCO Enhanced Short Maturit | 0.13% | 6,860 | $690K | No change |
| BDX Becton Dickinson and Co. | 0.12% | 3,955 | $681K | Reduce -91.7% |
| SMH Vaneck Semiconductor ETF | 0.12% | 2,434 | $679K | Reduce -0.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.12% | 2,950 | $668K | No change |
| SNOW Snowflake Inc. | 0.12% | 2,900 | $649K | Reduce -16.6% |
| VUSB Vanguard Ultra Short Bond Et | 0.12% | 12,662 | $631K | No change |
| AMTM Amentum Holdings Inc. | 0.10% | 24,000 | $567K | No change |
| VEA Vanguard Ftse Developed ETF | 0.10% | 9,904 | $565K | No change |
| DE Deere & Co. | 0.10% | 1,110 | $564K | Reduce -4.3% |
| HON Honeywell International Inc. | 0.10% | 2,422 | $564K | Reduce -4.4% |
| TXN Texas Instruments Inc. | 0.10% | 2,650 | $550K | Add +98.2% |
| GE General Electric filed as GE AEROSPACE | 0.10% | 2,110 | $543K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.10% | 10,933 | $541K | Reduce -0.8% |
| WMT Walmart Inc. | 0.10% | 5,460 | $534K | Add +4.3% |
| CHD Church & Dwight Co. Inc. | 0.10% | 5,486 | $527K | No change |
| FCTE Smi 3FOURTEEN Full-CYCL TRND | 0.09% | 19,328 | $514K | New |
| LH Labcorp Holdings Inc. | 0.09% | 1,917 | $503K | No change |
| TRV The Travelers Cos Inc. | 0.09% | 1,869 | $500K | Add +3.0% |
| EW Edwards Lifesciences Corp. | 0.09% | 6,343 | $496K | No change |
| MMM 3M Co. | 0.09% | 3,161 | $481K | No change |
| XLE SS Energy Select Sector | 0.09% | 5,531 | $469K | No change |
Options reported separately and not counted above: UNH calls ($62K), VFC calls ($24K).
Portfolio Sells Q1 2025 → Q2 2025
| RTX RTX Corp. | Sold out | 0.00% | −3.18 |
| BDX Becton Dickinson and Co. | Reduce -91.7% | 0.12% | −1.96 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -81.3% | 0.05% | −0.23 |
| CVX Chevron Corp. | Reduce -3.7% | 0.82% | −0.21 |
| V Visa Inc. Class A | Reduce -1.1% | 3.49% | −0.13 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.7% | 0.32% | −0.12 |
| AMJB Alerian MLP ETN2044 | Sold out | 0.00% | −0.12 |
| PEP Pepsico Inc. | Reduce -8.4% | 0.25% | −0.07 |
| SPGI S&P Global Inc. | Reduce -1.5% | 3.62% | −0.06 |
| ORLY O'reilly Automotive Inc. | Reduce -0.6% | 0.48% | −0.05 |
| UNP Union Pacific Corp. | Reduce -0.1% | 0.60% | −0.04 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.04 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -3.7% | 0.51% | −0.04 |
| RSG Republic Services Inc. | Reduce -3.6% | 0.50% | −0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -11.0% | 0.35% | −0.03 |
| VZ Verizon Communications Inc. | Reduce -33.0% | 0.04% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -1.2% | 0.79% | −0.02 |
| KMI Kinder Morgan Inc. | Reduce -1.1% | 0.67% | −0.01 |
| ICE Intercontinental Exchange Inc. | Reduce -13.1% | 0.07% | −0.01 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -3.1% | 0.14% | −0.01 |
| MCD McDonald's Corp. | Reduce -1.2% | 0.07% | −0.01 |
| NKE Nike Inc. Class B | Reduce -17.2% | 0.06% | −0.01 |
| GBIL Goldman Sachs Access Treasur | Reduce -9.9% | 0.05% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -3.1% | 0.05% | −0.01 |
| DE Deere & Co. | Reduce -4.3% | 0.10% | −0.00 |
| HON Honeywell International Inc. | Reduce -4.4% | 0.10% | +0.00 |
| BAC Bank of America Corp. | Reduce -5.4% | 0.05% | +0.00 |
| SCHF Schwab Intl Equity ETF | Reduce -0.8% | 0.05% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.8% | 0.10% | +0.00 |
| MDY State Street SPDR S&P Midcap | Reduce -1.7% | 0.98% | +0.00 |
| COST Costco Wholesale Corp. | Reduce -0.1% | 0.71% | +0.00 |
| SNOW Snowflake Inc. | Reduce -16.6% | 0.12% | +0.02 |
| SMH Vaneck Semiconductor ETF | Reduce -0.9% | 0.12% | +0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -1.9% | 1.02% | +0.04 |
| AMAT Applied Materials Inc. | Reduce -4.4% | 0.37% | +0.05 |
| NVDA Nvidia Corp. | Reduce -2.3% | 0.28% | +0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.4% | 1.79% | +0.10 |
| APH Amphenol Corp. Class A | Reduce -0.3% | 0.43% | +0.13 |
| JPM JPMorgan Chase & Co. | Reduce -0.9% | 4.28% | +0.48 |
| MSFT Microsoft Corp. | Reduce -2.0% | 5.47% | +1.09 |
Portfolio Buys Q1 2025 → Q2 2025
| ORCL Oracle Corp. | Add +0.3% | 3.08% | +1.04 |
| BKNG Booking Holdings Inc. | Add +0.9% | 2.96% | +0.54 |
| EMR Emerson Electric Co. | Add +2.2% | 2.89% | +0.47 |
| DIS The Walt Disney Co. | Add +1.9% | 2.18% | +0.41 |
| GOOGL Alphabet Inc. Class A | Add +0.8% | 3.55% | +0.34 |
| QQQ Invesco QQQ Trust Series 1 | Add +6.3% | 1.91% | +0.32 |
| CSCO Cisco Systems Inc. | Add +2.5% | 3.13% | +0.31 |
| FTNT Fortinet Inc. | Add +3.3% | 2.58% | +0.22 |
| AVNM Avantis All Intl MKTS Eq ETF | Add +8.7% | 1.32% | +0.19 |
| UBER Uber Technologies Inc. | Add +24.7% | 0.43% | +0.15 |
| VGSH Vanguard Short-Term Treasury | Add +7.8% | 3.74% | +0.14 |
| VOO Vanguard S&P 500 ETF | Add +2.8% | 1.49% | +0.13 |
| AMZN Amazon.com Inc. | Add +0.1% | 1.01% | +0.10 |
| FCTE Smi 3FOURTEEN Full-CYCL TRND | New | 0.09% | +0.09 |
| SYK Stryker Corp. | Add +0.3% | 3.52% | +0.09 |
| UNH Unitedhealth Group Inc. | Add +149.6% | 0.29% | +0.09 |
| MDT Medtronic PLC | Add +25.8% | 0.58% | +0.09 |
| AVEM Avantis Emerging Markets Eq | Add +3.6% | 0.71% | +0.08 |
| ACN Accenture PLC Class A | Add +28.7% | 0.48% | +0.08 |
| IBM Intl Business Machines Corp. | Add +45.8% | 0.19% | +0.08 |
| RSP Invesco S&P 500 Equal Weight | Add +1.1% | 3.06% | +0.06 |
| TXN Texas Instruments Inc. | Add +98.2% | 0.10% | +0.06 |
| XLK SS Technology Select Sector | New | 0.05% | +0.05 |
| ETN Eaton Corp. PLC | New | 0.05% | +0.05 |
| ARW Arrow Electronics Inc. | New | 0.04% | +0.04 |
| META Meta Platforms Inc. Class A | Add +6.3% | 0.16% | +0.04 |
| XLF SS Financial Select Sector | New | 0.04% | +0.04 |
| WFC Wells Fargo & Co. | Add +0.7% | 0.41% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +9.6% | 0.20% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +37.4% | 0.35% | +0.03 |
| AVUV Avantis US Small Cap Value | Add +0.3% | 2.47% | +0.02 |
| USB US Bancorp | Add +32.1% | 0.08% | +0.02 |
| ADBE Adobe Inc. | Add +7.7% | 0.32% | +0.01 |
| VNLA Janus Henderson Short Durati | Add +5.9% | 0.64% | +0.01 |
| WMT Walmart Inc. | Add +4.3% | 0.10% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +1.5% | 0.28% | +0.01 |
| XOM Exxon Mobil Corp. | Add +16.3% | 0.34% | +0.01 |
| WY Weyerhaeuser Co. | Add +27.1% | 0.05% | +0.00 |
| GLD SPDR Gold Shares | Add +3.4% | 0.05% | +0.00 |
| QCOM Qualcomm Inc. | Add +1.3% | 0.19% | +0.00 |
| TJX TJX Companies Inc. | Add +5.0% | 0.05% | +0.00 |
| TRV The Travelers Cos Inc. | Add +3.0% | 0.09% | +0.00 |
| HD Home Depot Inc. | Add +3.3% | 0.07% | −0.00 |
| KO The Coca-Cola Co. | Add +4.5% | 0.18% | −0.00 |
| LOW Lowe's Cos Inc. | Add +3.0% | 0.14% | −0.01 |
| PFE Pfizer Inc. | Add +1.4% | 0.13% | −0.01 |
| SDY SS SPDR S&P Dividend ETF | Add +0.6% | 0.37% | −0.01 |
| MRK Merck & Co. Inc. | Add +4.0% | 0.28% | −0.04 |
| JNJ Johnson & Johnson | Add +1.1% | 0.34% | −0.04 |
| PCAR Paccar Inc. | Add +3.9% | 2.52% | −0.06 |
Options Activity Q1 2025 → Q2 2025
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 |