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

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 Q1 2025 Q2 2025: $545.7M $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 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
IJH iShares Core S&P Midcap ETF 0.08% 7,275 $451K No change
SCHX Schwab US Large-Cap ETF 0.08% 17,430 $426K No change
USB US Bancorp 0.08% 9,193 $416K Add +32.1%
BLK BlackRock Inc. 0.08% 395 $414K No change
LII Lennox International Inc. 0.07% 700 $401K No change
HD Home Depot Inc. 0.07% 1,093 $401K Add +3.3%
ICE Intercontinental Exchange Inc. 0.07% 2,160 $396K Reduce -13.1%
NET Cloudflare Inc. Class A 0.07% 1,920 $376K No change
MCD McDonald's Corp. 0.07% 1,269 $371K Reduce -1.2%
ZTS Zoetis Inc. 0.07% 2,377 $371K No change
GLW Corning Inc. 0.07% 6,775 $356K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.07% 808 $356K No change
NKE Nike Inc. Class B 0.06% 4,752 $338K Reduce -17.2%
NEE Nextera Energy Inc. 0.05% 4,284 $297K Reduce -3.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.05% 2,370 $293K Add +5.0%
WY Weyerhaeuser Co. 0.05% 11,260 $289K Add +27.1%
PECO Phillips Edison & Company Inc. 0.05% 8,214 $288K No change
IWN iShares Russell 2000 Value E 0.05% 1,805 $285K No change
IXN iShares Global Tech ETF 0.05% 3,076 $284K No change
EEM iShares MSCI Emerging Market 0.05% 5,865 $283K No change
IWR iShares Russell Mid-Cap ETF 0.05% 3,075 $283K No change
SO The Southern Co. 0.05% 3,060 $281K No change
SCHF Schwab Intl Equity ETF 0.05% 12,654 $280K Reduce -0.8%
GLD SPDR Gold Shares 0.05% 915 $279K Add +3.4%
XLK SS Technology Select Sector 0.05% 1,077 $273K New
SPYG SS SPDR P S&P 500 Growth ETF 0.05% 2,833 $270K No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.05% 2,943 $270K Reduce -81.3%
PM Philip Morris International 0.05% 1,461 $266K No change
XEL Xcel Energy Inc. 0.05% 3,896 $265K No change
RY Royal Bank of Canada 0.05% 2,000 $263K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.05% 5,530 $262K Reduce -5.4%
TGNA Tegna Inc. 0.05% 15,000 $251K No change
GBIL Goldman Sachs Access Treasur 0.05% 2,508 $251K Reduce -9.9%
ETN Eaton Corp. PLC 0.05% 700 $250K New
ADP Automatic Data Processing 0.05% 803 $248K No change
PANW Palo Alto Networks Inc. 0.04% 1,188 $243K No change
NVS Novartis AG-Sponsored ADR 0.04% 2,000 $242K No change
INTC Intel Corp. 0.04% 10,795 $242K No change
SBUX Starbucks Corp. 0.04% 2,581 $237K No change
MAR Marriott International Class A 0.04% 860 $235K No change
VZ Verizon Communications Inc. 0.04% 5,420 $235K Reduce -33.0%
ARW Arrow Electronics Inc. 0.04% 1,745 $222K New
IJS iShares S&P Small-Cap 600 Va 0.04% 2,200 $219K No change
XLF SS Financial Select Sector 0.04% 3,941 $206K New
AMGN Amgen Inc. 0.04% 739 $206K No change
VFC VF Corp. 0.03% 13,235 $156K No change
UUUU Energy Fuels Inc. 0.01% 10,000 $58K No change
TASEKO MINES LTD 0.01% 12,000 $38K 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
UNH Unitedhealth Group Inc. call New 200 $62K
VFC VF Corp. call Add +33.3% 2,000 $24K

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