Pinnacle Associates Ltd.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Pinnacle Associates Ltd. reported 832 stock positions worth $7.4 billion. Its top holding was Johnson & Johnson (JNJ) at 11.8% of the portfolio, followed by Apple (AAPL, 4.6%) and Microsoft (MSFT, 2.6%). Compared with Q3 2024, it opened 106 new positions, sold out of 73, added to 291 and reduced 407. The biggest buy was Johnson & Johnson (JNJ, shares +360%) and the biggest sale Microsoft (MSFT, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000743127
- Portfolio Value
- $7.4B (Q4 2024)
- SEC Filing
- 0001085146-25-001486 ↗ filed Feb 14, 2025
Holdings Value
Holdings 832 stocks · $7.4B
| JNJ Johnson & Johnson | 11.79% | 6,010,881 | $869.3M | Add +359.8% |
| AAPL Apple Inc. | 4.60% | 1,354,382 | $339.2M | Add +1.2% |
| MSFT Microsoft Corp. | 2.63% | 460,111 | $193.9M | Reduce -8.9% |
| AVGO Broadcom Inc. | 1.69% | 538,389 | $124.8M | Add +653.7% |
| NVDA Nvidia Corp. | 1.64% | 898,429 | $120.7M | Add +770.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.62% | 203,396 | $119.2M | Add +1.2% |
| AMZN Amazon.com Inc. | 1.58% | 530,664 | $116.4M | Add +5.5% |
| JPM JPMorgan Chase & Co. | 1.45% | 446,577 | $107.0M | Reduce -6.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.44% | 440,947 | $106.0M | Add +14.2% |
| META Meta Platforms Inc. Class A | 1.31% | 164,294 | $96.2M | Add +14.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.19% | 171,376 | $87.6M | Add +3.2% |
| IVV iShares Core S&P 500 ETF | 1.08% | 134,822 | $79.4M | Add +9.9% |
| GOOG Alphabet Inc. Class C | 1.02% | 396,057 | $75.4M | Reduce -3.1% |
| QUAL iShares MSCI USA Quality Fac | 1.00% | 412,727 | $73.5M | Add +10.0% |
| GOOGL Alphabet Inc. Class A | 0.97% | 379,525 | $71.8M | Add +2.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.90% | 228,714 | $66.3M | Add +5.9% |
| VYM Vanguard High DVD Yield ETF | 0.90% | 519,217 | $66.2M | Add +5.0% |
| V Visa Inc. Class A | 0.87% | 202,399 | $64.0M | Reduce -4.0% |
| GLNG Golar LNG Ltd. | 0.85% | 1,477,249 | $62.5M | Add +1.9% |
| SCHD Schwab US DVD Equity ETF | 0.79% | 2,136,379 | $58.4M | Add +12.1% |
| HD Home Depot Inc. | 0.79% | 149,333 | $58.1M | Reduce -0.5% |
| RCL Royal Caribbean Cruises Ltd. | 0.78% | 248,953 | $57.4M | Reduce -29.5% |
| MS Morgan Stanley | 0.78% | 454,945 | $57.2M | Reduce -3.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.69% | 887,369 | $50.9M | Add +6.3% |
| COHR Coherent Corp. | 0.69% | 533,751 | $50.6M | Reduce -34.8% |
| AXP American Express Co. | 0.67% | 166,073 | $49.3M | Reduce -13.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.67% | 108,274 | $49.1M | Reduce -2.1% |
| MRK Merck & Co. Inc. | 0.63% | 468,903 | $46.6M | Reduce -1.1% |
| XYL Xylem Inc. | 0.63% | 400,689 | $46.5M | Reduce -20.7% |
| REGN Regeneron Pharmaceuticals | 0.60% | 62,463 | $44.5M | Reduce -6.7% |
| CSCO Cisco Systems Inc. | 0.59% | 730,241 | $43.2M | Reduce -8.4% |
| LRCX Lam Research Corp. | 0.58% | 594,425 | $42.9M | Reduce -23.7% |
| BLK BlackRock Inc. | 0.57% | 41,327 | $42.4M | Reduce -3.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.57% | 950,045 | $41.8M | Reduce -3.5% |
| LLY Eli Lilly & Co. | 0.56% | 53,328 | $41.2M | Reduce -8.5% |
| CAT Caterpillar Inc. | 0.55% | 111,606 | $40.5M | Add +16.3% |
| VGT Vanguard Info Tech ETF | 0.54% | 63,556 | $39.5M | Reduce -0.0% |
| ETN Eaton Corp. PLC | 0.52% | 116,172 | $38.6M | Reduce -8.2% |
| PG The Procter & Gamble Co. | 0.51% | 224,378 | $37.6M | Reduce -3.9% |
| PRKS United Parks & Resorts Inc. | 0.51% | 667,210 | $37.5M | Reduce -6.5% |
| AMBA Ambarella Inc. | 0.51% | 514,838 | $37.4M | Add +37.2% |
| ORCL Oracle Corp. | 0.50% | 222,508 | $37.1M | Add +0.6% |
| JEPI JPMorgan Equity Premium Inco | 0.49% | 631,256 | $36.3M | Add +7.5% |
| BYD Boyd Gaming Corp. | 0.48% | 482,683 | $35.0M | Reduce -28.9% |
| MDY State Street SPDR S&P Midcap | 0.47% | 61,318 | $34.9M | Reduce -5.9% |
| MKL Markel Group Inc. | 0.47% | 20,057 | $34.6M | Add +13.6% |
| COST Costco Wholesale Corp. | 0.47% | 37,783 | $34.6M | Reduce -18.5% |
| ITRI Itron Inc. | 0.47% | 318,183 | $34.5M | Reduce -20.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.46% | 154,686 | $34.0M | Add +18.0% |
| OSW Onespaworld Holdings Ltd. | 0.46% | 1,703,183 | $33.9M | Reduce -28.3% |
| WMT Walmart Inc. | 0.45% | 365,499 | $33.0M | Add +184.5% |
| BX Blackstone Inc. | 0.44% | 187,247 | $32.3M | Reduce -2.5% |
| IJR iShares Core S&P Small-Cap E | 0.42% | 266,425 | $30.7M | Add +4.1% |
| CVLT Commvault Systems Inc. | 0.41% | 202,522 | $30.6M | Reduce -16.6% |
| MU Micron Technology Inc. | 0.40% | 351,739 | $29.6M | Add +53.0% |
| TRMB Trimble Inc. | 0.40% | 415,843 | $29.4M | Reduce -16.0% |
| RJF Raymond James Financial Inc. | 0.39% | 185,685 | $28.8M | Reduce -18.0% |
| HON Honeywell International Inc. | 0.39% | 126,424 | $28.6M | Add +4.0% |
| DLR Digital Realty Trust Inc. | 0.39% | 161,010 | $28.6M | Add +13.4% |
| CVX Chevron Corp. | 0.38% | 194,037 | $28.1M | Add +13.5% |
| LITE Lumentum Holdings Inc. | 0.38% | 333,107 | $28.0M | Reduce -18.3% |
| RTX RTX Corp. | 0.37% | 234,152 | $27.1M | Reduce -1.8% |
| RSP Invesco S&P 500 Equal Weight | 0.36% | 153,462 | $26.9M | Add +30.0% |
| MSGS Madison Square Garden Sports | 0.36% | 118,591 | $26.8M | Reduce -10.7% |
| QLTY GMO U.S. Quality ETF | 0.36% | 828,257 | $26.5M | New |
| XOM Exxon Mobil Corp. | 0.36% | 243,313 | $26.2M | Add +14.7% |
| FDX FedEx Corp. | 0.33% | 87,332 | $24.6M | Reduce -10.1% |
| C Citigroup Inc. | 0.33% | 348,194 | $24.5M | Add +28.6% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.33% | 57,373 | $24.4M | Reduce -22.2% |
| CCJ Cameco Corp. | 0.33% | 471,404 | $24.2M | Reduce -6.0% |
| QRVO Qorvo Inc. | 0.32% | 338,678 | $23.7M | Reduce -14.4% |
| IRDM Iridium Communications Inc. | 0.31% | 795,251 | $23.1M | Add +11.0% |
| ABBV Abbvie Inc. | 0.31% | 129,470 | $23.0M | Add +4.7% |
| CP Canadian Pacific Kansas City | 0.31% | 312,273 | $22.6M | Reduce -10.0% |
| GS Goldman Sachs Group Inc. | 0.30% | 38,993 | $22.3M | Reduce -7.4% |
| MA Mastercard Inc. Class A | 0.29% | 41,290 | $21.7M | Reduce -2.6% |
| MANU Manchester United PLC Class A | 0.29% | 1,247,391 | $21.6M | Add +29.5% |
| CGNX Cognex Corp. | 0.29% | 599,026 | $21.5M | Add +16.0% |
| LVS Las Vegas Sands Corp. | 0.29% | 412,146 | $21.2M | Reduce -15.4% |
| TSLA Tesla Inc. | 0.28% | 52,008 | $21.0M | Reduce -14.9% |
| BND Vanguard Total Bond Market | 0.28% | 290,521 | $20.9M | Add +36.9% |
| VEA Vanguard Ftse Developed ETF | 0.28% | 435,771 | $20.8M | Reduce -1.4% |
| CMCSA Comcast Corp. Class A | 0.28% | 551,993 | $20.7M | Reduce -24.7% |
| PEP Pepsico Inc. | 0.28% | 136,184 | $20.7M | Reduce -3.6% |
| NEE Nextera Energy Inc. | 0.27% | 277,836 | $19.9M | Add +15.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.27% | 73,740 | $19.9M | Add +0.1% |
| IJH iShares Core S&P Midcap ETF | 0.27% | 317,369 | $19.8M | Add +396.6% |
| IONS Ionis Pharmaceuticals Inc. | 0.26% | 547,642 | $19.1M | Add +19.3% |
| AVAV Aerovironment Inc. | 0.26% | 122,976 | $18.9M | Reduce -25.8% |
| UNH Unitedhealth Group Inc. | 0.25% | 36,682 | $18.6M | Reduce -9.5% |
| AMAT Applied Materials Inc. | 0.25% | 111,547 | $18.1M | Reduce -4.8% |
| LASR Nlight Inc. | 0.25% | 1,729,324 | $18.1M | Add +2.1% |
| CIBR First Trust Nasdaq Cybersecu | 0.24% | 283,678 | $18.0M | Add +7.3% |
| MRVL Marvell Technology Inc. | 0.24% | 159,434 | $17.6M | Add +6.5% |
| ADBE Adobe Inc. | 0.23% | 38,933 | $17.3M | Reduce -13.8% |
| FORM Formfactor Inc. | 0.23% | 389,704 | $17.1M | Add +4.7% |
| TMO Thermo Fisher Scientific Inc. | 0.23% | 32,718 | $17.0M | Reduce -5.7% |
| IWM iShares Russell 2000 ETF | 0.23% | 76,117 | $16.8M | Add +11.8% |
| AEIS Advanced Energy Industries | 0.23% | 143,490 | $16.6M | Reduce -18.8% |
| TOTL SS Doubleline TR Tact ETF | 0.22% | 404,397 | $15.9M | Add +185.8% |
Portfolio Sells Q3 2024 → Q4 2024
| MSFT Microsoft Corp. | Reduce -8.9% | 2.63% | −0.60 |
| LRCX Lam Research Corp. | Reduce -23.7% | 0.58% | −0.46 |
| QRVO Qorvo Inc. | Reduce -14.4% | 0.32% | −0.44 |
| REGN Regeneron Pharmaceuticals | Reduce -6.7% | 0.60% | −0.40 |
| XYL Xylem Inc. | Reduce -20.7% | 0.63% | −0.35 |
| CAE Cae Inc. | Reduce -99.0% | 0.00% | −0.32 |
| VSH Vishay Intertechnology Inc. | Reduce -58.8% | 0.09% | −0.29 |
| INTC Intel Corp. | Reduce -76.3% | 0.02% | −0.28 |
| CMCSA Comcast Corp. Class A | Reduce -24.7% | 0.28% | −0.27 |
| BYD Boyd Gaming Corp. | Reduce -28.9% | 0.48% | −0.25 |
| MRK Merck & Co. Inc. | Reduce -1.1% | 0.63% | −0.25 |
| ADBE Adobe Inc. | Reduce -13.8% | 0.23% | −0.22 |
| CVS CVS Health Corp. | Reduce -63.4% | 0.04% | −0.20 |
| SBUX Starbucks Corp. | Reduce -33.5% | 0.19% | −0.19 |
| ARRY Array Technologies Inc. | Reduce -19.1% | 0.05% | −0.18 |
| PFE Pfizer Inc. | Reduce -26.8% | 0.21% | −0.18 |
| CP Canadian Pacific Kansas City | Reduce -10.0% | 0.31% | −0.16 |
| UPS United Parcel Service Class B | Reduce -32.2% | 0.12% | −0.16 |
| BA The Boeing Co. | Reduce -18.8% | 0.12% | −0.15 |
| REGL Prshrs S&P Mid 400 DVD Arist | Reduce -57.6% | 0.09% | −0.15 |
| CRNC Cerence Inc. | Reduce -91.1% | 0.00% | −0.15 |
| SSYS Stratasys Ltd. | Reduce -15.1% | 0.11% | −0.15 |
| WERN Werner Enterprises Inc. | Reduce -17.4% | 0.19% | −0.15 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -22.2% | 0.33% | −0.14 |
| BMY Bristol-Myers Squibb Co. | Reduce -54.9% | 0.09% | −0.14 |
| ROG Rogers Corp. | Reduce -20.4% | 0.13% | −0.14 |
| PRKS United Parks & Resorts Inc. | Reduce -6.5% | 0.51% | −0.13 |
| PEP Pepsico Inc. | Reduce -3.6% | 0.28% | −0.13 |
| RHI Robert Half Inc. | Reduce -12.4% | 0.15% | −0.12 |
| LVS Las Vegas Sands Corp. | Reduce -15.4% | 0.29% | −0.12 |
| OCSL Oaktree Specialty Lending Co. | Reduce -30.9% | 0.08% | −0.12 |
| MCHP Microchip Technology Inc. | Reduce -46.9% | 0.04% | −0.12 |
| PRAA Pra Group Inc. | Reduce -80.7% | 0.02% | −0.12 |
| OXY Occidental Petroleum Corp. | Reduce -78.3% | 0.02% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -9.5% | 0.25% | −0.11 |
| OSW Onespaworld Holdings Ltd. | Reduce -28.3% | 0.46% | −0.11 |
| DDD 3D Systems Corp. | Reduce -92.5% | 0.00% | −0.11 |
| SPR Spirit Aerosystems Hold Class A | Sold out | 0.00% | −0.11 |
| QDEL Quidelortho Corp. | Sold out | 0.00% | −0.11 |
| ICHR Ichor Holdings Ltd. | Reduce -16.6% | 0.18% | −0.10 |
| AEIS Advanced Energy Industries | Reduce -18.8% | 0.23% | −0.10 |
| CCRN Cross Country Healthcare Inc. | Reduce -61.3% | 0.03% | −0.10 |
| CSCO Cisco Systems Inc. | Reduce -8.4% | 0.59% | −0.10 |
| TENB Tenable Holdings Inc. | Reduce -16.1% | 0.13% | −0.10 |
| AVAV Aerovironment Inc. | Reduce -25.8% | 0.26% | −0.10 |
| HD Home Depot Inc. | Reduce -0.5% | 0.79% | −0.10 |
| MGNX Macrogenics Inc. | Reduce -27.1% | 0.02% | −0.09 |
| MDY State Street SPDR S&P Midcap | Reduce -5.9% | 0.47% | −0.09 |
| NEAR iShares SH Dba ETF Usd Inc. | Reduce -92.8% | 0.01% | −0.09 |
| CNI Canadian Natl Railway Co. | Reduce -5.0% | 0.14% | −0.09 |
Portfolio Buys Q3 2024 → Q4 2024
| JNJ Johnson & Johnson | Add +359.8% | 11.79% | +8.31 |
| NVDA Nvidia Corp. | Add +770.0% | 1.64% | +0.77 |
| META Meta Platforms Inc. Class A | Add +14.4% | 1.31% | +0.44 |
| QLTY GMO U.S. Quality ETF | New | 0.36% | +0.36 |
| AVGO Broadcom Inc. | Add +653.7% | 1.69% | +0.34 |
| GLNG Golar LNG Ltd. | Add +1.9% | 0.85% | +0.28 |
| AMZN Amazon.com Inc. | Add +5.5% | 1.58% | +0.28 |
| AAPL Apple Inc. | Add +1.2% | 4.60% | +0.22 |
| KVUE Kenvue Inc. | Add +6415.2% | 0.19% | +0.18 |
| KTOS Kratos Defense & Security | New | 0.14% | +0.14 |
| UEC Uranium Energy Corp. | New | 0.14% | +0.14 |
| VICR Vicor Corp. | Add +271.0% | 0.18% | +0.12 |
| TOTL SS Doubleline TR Tact ETF | Add +185.8% | 0.22% | +0.12 |
| UNIT Uniti Group LLC Com SHS | Add +7992.3% | 0.12% | +0.12 |
| AMBA Ambarella Inc. | Add +37.2% | 0.51% | +0.12 |
| RDVI FT Vest Rising Dividend Achi | Add +167.7% | 0.21% | +0.11 |
| RMD Resmed Inc. | New | 0.11% | +0.11 |
| SEI Solaris Energy Infrastructur | New | 0.11% | +0.11 |
| ORCL Oracle Corp. | Add +0.6% | 0.50% | +0.11 |
| WMT Walmart Inc. | Add +184.5% | 0.45% | +0.10 |
| IPGP Ipg Photonics Corp. | Add +3647.1% | 0.10% | +0.10 |
| IBM Intl Business Machines Corp. | Add +18.0% | 0.46% | +0.10 |
| C Citigroup Inc. | Add +28.6% | 0.33% | +0.10 |
| GOOGL Alphabet Inc. Class A | Add +2.2% | 0.97% | +0.09 |
| MRVL Marvell Technology Inc. | Add +6.5% | 0.24% | +0.09 |
| DE Deere & Co. | Add +279.6% | 0.12% | +0.08 |
| IVV iShares Core S&P 500 ETF | Add +9.9% | 1.08% | +0.08 |
| MGNI Magnite Inc. | New | 0.07% | +0.07 |
| MU Micron Technology Inc. | Add +53.0% | 0.40% | +0.07 |
| CAT Caterpillar Inc. | Add +16.3% | 0.55% | +0.07 |
| FDN First Trust DJ Internet Ind | Add +42.7% | 0.20% | +0.07 |
| GMOI GMO International Value ETF | New | 0.06% | +0.06 |
| NBIS Nebius Group NV | New | 0.06% | +0.06 |
| GDS GDS Holdings Ltd. - ADR | Add +292.4% | 0.07% | +0.06 |
| DLR Digital Realty Trust Inc. | Add +13.4% | 0.39% | +0.06 |
| TCMD Tactile Systems Technology I | Add +463.0% | 0.07% | +0.06 |
| INCY Incyte Corp. | New | 0.06% | +0.06 |
| QUAL iShares MSCI USA Quality Fac | Add +10.0% | 1.00% | +0.06 |
| ERII Energy Recovery Inc. | Add +2745.2% | 0.06% | +0.05 |
| T AT&T Inc. | Add +28.7% | 0.17% | +0.05 |
| GEV GE Vernova Inc. | New | 0.05% | +0.05 |
| RSP Invesco S&P 500 Equal Weight | Add +30.0% | 0.36% | +0.05 |
| XLC SS Comm Select Sector SPDR | Add +34.7% | 0.16% | +0.05 |
| GILD Gilead Sciences Inc. | Add +71.5% | 0.13% | +0.05 |
| LIND Lindblad Expeditions Holding | Add +66.3% | 0.16% | +0.05 |
| MKL Markel Group Inc. | Add +13.6% | 0.47% | +0.04 |
| BCYC Bicycle Therapeutics PLC-ADR | New | 0.04% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +6.1% | 0.06% | +0.04 |
| SMH Vaneck Semiconductor ETF | Add +208.3% | 0.06% | +0.04 |
| GLW Corning Inc. | Add +0.1% | 0.20% | +0.04 |
Notes & Other Activity Q3 2024 → Q4 2024
| IONIS PHARMACEUTICALS IN (IONS 0.125 12/15/24) | NOTE 0.125%12/1 · principal | Sold out | 280,000 | $267Kbefore exit |
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 | 967 | $9.2B | JNJ, AAPL, MU, NVDA, AVGO |
| Q1 2026 | 955 | $7.8B | JNJ, AAPL, NVDA, MSFT, AVGO |
| Q4 2025 | 931 | $7.8B | JNJ, AAPL, MSFT, NVDA, AVGO |
| Q3 2025 | 863 | $7.5B | AAPL, JNJ, MSFT, NVDA, AVGO |
| Q2 2025 | 845 | $6.9B | JNJ, AAPL, MSFT, NVDA, AVGO |
| Q1 2025 | 823 | $6.8B | JNJ, AAPL, MSFT, SPY, JPM |
| Q4 2024 | 832 | $7.4B | JNJ, AAPL, MSFT, AVGO, NVDA |
| Q3 2024 | 799 | $5.9B | AAPL, JNJ, MSFT, SPY, VB |
| Q2 2024 | 812 | $6.4B | AAPL, MSFT, JNJ, NVDA, SPY |
| Q1 2024 | 834 | $6.3B | AAPL, JNJ, MSFT, SPY, VB |