Pinnacle Associates Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Pinnacle Associates Ltd. reported 823 stock positions worth $6.8 billion. Its top holding was Johnson & Johnson (JNJ) at 10.2% of the portfolio, followed by Apple (AAPL, 4.4%) and Microsoft (MSFT, 2.5%). Compared with Q4 2024, it opened 38 new positions, sold out of 47, added to 348 and reduced 368. The biggest buy was Wisdomtree U.S. Quality Divi (DGRW, shares +2345%) and the biggest sale Johnson & Johnson (JNJ, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000743127
- Portfolio Value
- $6.8B (Q1 2025)
- SEC Filing
- 0001085146-25-002639 ↗ filed May 6, 2025
Holdings Value
Holdings 823 stocks · $6.8B
| JNJ Johnson & Johnson | 10.18% | 4,187,397 | $694.4M | Reduce -30.3% |
| AAPL Apple Inc. | 4.38% | 1,346,492 | $299.1M | Reduce -0.6% |
| MSFT Microsoft Corp. | 2.46% | 447,853 | $168.1M | Reduce -2.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.67% | 203,490 | $113.8M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 1.59% | 443,024 | $108.7M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 1.49% | 532,666 | $101.3M | Add +0.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.46% | 448,555 | $99.5M | Add +1.7% |
| NVDA Nvidia Corp. | 1.45% | 910,685 | $98.7M | Add +1.4% |
| META Meta Platforms Inc. Class A | 1.32% | 156,214 | $90.0M | Reduce -4.9% |
| QQQ Invesco QQQ Trust Series 1 | 1.30% | 188,479 | $88.4M | Add +10.0% |
| AVGO Broadcom Inc. | 1.23% | 502,938 | $84.2M | Reduce -6.6% |
| IVV iShares Core S&P 500 ETF | 1.11% | 134,555 | $75.6M | Reduce -0.2% |
| QUAL iShares MSCI USA Quality Fac | 1.05% | 419,543 | $71.7M | Add +1.6% |
| VYM Vanguard High DVD Yield ETF | 0.98% | 518,633 | $66.9M | Reduce -0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.95% | 234,720 | $64.5M | Add +2.6% |
| V Visa Inc. Class A | 0.94% | 183,812 | $64.4M | Reduce -9.2% |
| GOOG Alphabet Inc. Class C | 0.90% | 394,914 | $61.7M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 0.88% | 387,060 | $59.9M | Add +2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.87% | 110,898 | $59.1M | Add +2.4% |
| HD Home Depot Inc. | 0.84% | 155,536 | $57.0M | Add +4.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.80% | 900,651 | $54.6M | Add +1.5% |
| MS Morgan Stanley | 0.79% | 460,730 | $53.8M | Add +1.3% |
| GLNG Golar LNG Ltd. | 0.77% | 1,378,785 | $52.4M | Reduce -6.7% |
| REGN Regeneron Pharmaceuticals | 0.75% | 81,013 | $51.4M | Add +29.7% |
| RCL Royal Caribbean Cruises Ltd. | 0.70% | 233,968 | $48.1M | Reduce -6.0% |
| XYL Xylem Inc. | 0.67% | 382,566 | $45.7M | Reduce -4.5% |
| AXP American Express Co. | 0.66% | 167,897 | $45.2M | Add +1.1% |
| CSCO Cisco Systems Inc. | 0.66% | 726,304 | $44.8M | Reduce -0.5% |
| LLY Eli Lilly & Co. | 0.65% | 53,385 | $44.1M | Add +0.1% |
| SCHD Schwab US DVD Equity ETF | 0.64% | 1,568,374 | $43.9M | Reduce -26.6% |
| LRCX Lam Research Corp. | 0.63% | 594,718 | $43.2M | Add +0.1% |
| MRK Merck & Co. Inc. | 0.58% | 443,373 | $39.8M | Reduce -5.4% |
| BLK BlackRock Inc. | 0.58% | 41,791 | $39.6M | Add +1.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.57% | 940,064 | $39.2M | Reduce -1.1% |
| PG The Procter & Gamble Co. | 0.57% | 228,203 | $38.9M | Add +1.7% |
| JEPI JPMorgan Equity Premium Inco | 0.57% | 678,566 | $38.8M | Add +7.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.56% | 154,128 | $38.3M | Reduce -0.4% |
| CAT Caterpillar Inc. | 0.54% | 112,248 | $37.0M | Add +0.6% |
| MKL Markel Group Inc. | 0.52% | 18,897 | $35.3M | Reduce -5.8% |
| COST Costco Wholesale Corp. | 0.52% | 37,235 | $35.2M | Reduce -1.4% |
| VGT Vanguard Info Tech ETF | 0.51% | 63,617 | $34.5M | Add +0.1% |
| CVX Chevron Corp. | 0.49% | 200,378 | $33.5M | Add +3.3% |
| MDY State Street SPDR S&P Midcap | 0.49% | 62,751 | $33.5M | Add +2.3% |
| MU Micron Technology Inc. | 0.49% | 382,512 | $33.2M | Add +8.8% |
| ORCL Oracle Corp. | 0.49% | 237,120 | $33.2M | Add +6.6% |
| COHR Coherent Corp. | 0.48% | 509,501 | $33.1M | Reduce -4.5% |
| ITRI Itron Inc. | 0.47% | 308,092 | $32.3M | Reduce -3.2% |
| WMT Walmart Inc. | 0.47% | 362,818 | $31.9M | Reduce -0.7% |
| RTX RTX Corp. | 0.46% | 237,714 | $31.5M | Add +1.5% |
| ETN Eaton Corp. PLC | 0.46% | 115,624 | $31.4M | Reduce -0.5% |
| BYD Boyd Gaming Corp. | 0.45% | 467,333 | $30.8M | Reduce -3.2% |
| PRKS United Parks & Resorts Inc. | 0.44% | 665,690 | $30.3M | Reduce -0.2% |
| XOM Exxon Mobil Corp. | 0.44% | 251,660 | $29.9M | Add +3.4% |
| BX Blackstone Inc. | 0.41% | 200,044 | $28.0M | Add +6.8% |
| QRVO Qorvo Inc. | 0.40% | 380,926 | $27.6M | Add +12.5% |
| ABBV Abbvie Inc. | 0.40% | 131,272 | $27.5M | Add +1.4% |
| IJR iShares Core S&P Small-Cap E | 0.40% | 262,558 | $27.5M | Reduce -1.4% |
| RSP Invesco S&P 500 Equal Weight | 0.40% | 157,289 | $27.2M | Add +2.5% |
| OSW Onespaworld Holdings Ltd. | 0.40% | 1,613,588 | $27.1M | Reduce -5.3% |
| HON Honeywell International Inc. | 0.39% | 125,752 | $26.6M | Reduce -0.5% |
| TRMB Trimble Inc. | 0.39% | 402,646 | $26.4M | Reduce -3.2% |
| CVLT Commvault Systems Inc. | 0.38% | 164,588 | $26.0M | Reduce -18.7% |
| QLTY GMO U.S. Quality ETF | 0.38% | 828,257 | $25.9M | No change |
| AMBA Ambarella Inc. | 0.37% | 496,094 | $25.0M | Reduce -3.6% |
| RJF Raymond James Financial Inc. | 0.37% | 179,492 | $24.9M | Reduce -3.3% |
| C Citigroup Inc. | 0.36% | 345,170 | $24.5M | Reduce -0.9% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.35% | 56,107 | $23.6M | Reduce -2.2% |
| MSGS Madison Square Garden Sports | 0.33% | 116,842 | $22.8M | Reduce -1.5% |
| MA Mastercard Inc. Class A | 0.33% | 41,353 | $22.7M | Add +0.1% |
| VEA Vanguard Ftse Developed ETF | 0.33% | 445,139 | $22.6M | Add +2.1% |
| BND Vanguard Total Bond Market | 0.33% | 303,899 | $22.3M | Add +4.6% |
| CP Canadian Pacific Kansas City | 0.31% | 303,080 | $21.3M | Reduce -2.9% |
| LITE Lumentum Holdings Inc. | 0.31% | 339,689 | $21.2M | Add +2.0% |
| GS Goldman Sachs Group Inc. | 0.31% | 38,611 | $21.1M | Reduce -1.0% |
| DLR Digital Realty Trust Inc. | 0.31% | 145,897 | $20.9M | Reduce -9.4% |
| IRDM Iridium Communications Inc. | 0.31% | 764,065 | $20.9M | Reduce -3.9% |
| PEP Pepsico Inc. | 0.30% | 138,676 | $20.8M | Add +1.8% |
| FDX FedEx Corp. | 0.29% | 81,826 | $19.9M | Reduce -6.3% |
| CMCSA Comcast Corp. Class A | 0.29% | 535,659 | $19.8M | Reduce -3.0% |
| IJH iShares Core S&P Midcap ETF | 0.29% | 335,574 | $19.6M | Add +5.7% |
| UNH Unitedhealth Group Inc. | 0.29% | 37,373 | $19.6M | Add +1.9% |
| NEE Nextera Energy Inc. | 0.28% | 273,896 | $19.4M | Reduce -1.4% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.27% | 72,506 | $18.6M | Reduce -1.7% |
| CIBR First Trust Nasdaq Cybersecu | 0.27% | 295,735 | $18.6M | Add +4.3% |
| AVAV Aerovironment Inc. | 0.27% | 155,851 | $18.6M | Add +26.7% |
| IONS Ionis Pharmaceuticals Inc. | 0.27% | 608,517 | $18.4M | Add +11.1% |
| DGRW Wisdomtree U.S. Quality Divi | 0.27% | 229,689 | $18.3M | Add +2345.1% |
| TOTL SS Doubleline TR Tact ETF | 0.27% | 454,208 | $18.3M | Add +12.3% |
| AMGN Amgen Inc. | 0.27% | 58,519 | $18.2M | Add +0.1% |
| ITCI Intra-Cellular Therapies Inc. | 0.26% | 135,344 | $17.9M | Reduce -6.4% |
| RDVI FT Vest Rising Dividend Achi | 0.25% | 731,707 | $17.4M | Add +16.6% |
| CCJ Cameco Corp. | 0.25% | 419,783 | $17.3M | Reduce -10.9% |
| CGNX Cognex Corp. | 0.25% | 574,766 | $17.1M | Reduce -4.0% |
| WM Waste Management Inc. | 0.25% | 73,221 | $17.0M | Add +0.4% |
| MCD McDonald's Corp. | 0.25% | 53,931 | $16.8M | Add +2.3% |
| VICR Vicor Corp. | 0.24% | 356,011 | $16.7M | Add +29.0% |
| MANU Manchester United PLC Class A | 0.23% | 1,220,239 | $16.0M | Reduce -2.2% |
| MP MP Materials Corp. | 0.23% | 653,845 | $16.0M | Reduce -4.2% |
| KVUE Kenvue Inc. | 0.23% | 648,122 | $15.5M | Add +0.3% |
| LVS Las Vegas Sands Corp. | 0.23% | 397,484 | $15.4M | Reduce -3.6% |
Portfolio Sells Q4 2024 → Q1 2025
| JNJ Johnson & Johnson | Reduce -30.3% | 10.18% | −1.62 |
| AVGO Broadcom Inc. | Reduce -6.6% | 1.23% | −0.46 |
| AAPL Apple Inc. | Reduce -0.6% | 4.38% | −0.22 |
| COHR Coherent Corp. | Reduce -4.5% | 0.48% | −0.20 |
| MSFT Microsoft Corp. | Reduce -2.7% | 2.46% | −0.17 |
| SCHD Schwab US DVD Equity ETF | Reduce -26.6% | 0.64% | −0.15 |
| AMBA Ambarella Inc. | Reduce -3.6% | 0.37% | −0.14 |
| GOOG Alphabet Inc. Class C | Reduce -0.3% | 0.90% | −0.12 |
| SBUX Starbucks Corp. | Reduce -62.6% | 0.08% | −0.11 |
| MRVL Marvell Technology Inc. | Reduce -1.3% | 0.14% | −0.10 |
| TSLA Tesla Inc. | Reduce -2.0% | 0.19% | −0.09 |
| DLR Digital Realty Trust Inc. | Reduce -9.4% | 0.31% | −0.08 |
| GLNG Golar LNG Ltd. | Reduce -6.7% | 0.77% | −0.08 |
| FORM Formfactor Inc. | Reduce -3.8% | 0.16% | −0.08 |
| CCJ Cameco Corp. | Reduce -10.9% | 0.25% | −0.08 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -6.0% | 0.70% | −0.07 |
| AMD Advanced Micro Devices | Reduce -46.2% | 0.07% | −0.07 |
| UCTT Ultra Clean Holdings Inc. | Reduce -5.5% | 0.10% | −0.07 |
| DE Deere & Co. | Reduce -64.6% | 0.05% | −0.07 |
| PRKS United Parks & Resorts Inc. | Reduce -0.2% | 0.44% | −0.07 |
| SRPT Sarepta Therapeutics Inc. | Reduce -3.8% | 0.08% | −0.06 |
| OSW Onespaworld Holdings Ltd. | Reduce -5.3% | 0.40% | −0.06 |
| ETN Eaton Corp. PLC | Reduce -0.5% | 0.46% | −0.06 |
| LVS Las Vegas Sands Corp. | Reduce -3.6% | 0.23% | −0.06 |
| MGNI Magnite Inc. | Reduce -81.8% | 0.01% | −0.06 |
| MANU Manchester United PLC Class A | Reduce -2.2% | 0.23% | −0.06 |
| HXL Hexcel Corp. | Reduce -23.3% | 0.15% | −0.06 |
| ICHR Ichor Holdings Ltd. | Reduce -7.4% | 0.13% | −0.05 |
| LASR Nlight Inc. | Reduce -2.5% | 0.19% | −0.05 |
| STZ Constellation Brands Inc. Class A | Reduce -71.9% | 0.02% | −0.05 |
| TMO Thermo Fisher Scientific Inc. | Reduce -25.9% | 0.18% | −0.05 |
| OCSL Oaktree Specialty Lending Co. | Reduce -62.7% | 0.03% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -5.4% | 0.58% | −0.05 |
| ROG Rogers Corp. | Reduce -4.8% | 0.09% | −0.04 |
| FDX FedEx Corp. | Reduce -6.3% | 0.29% | −0.04 |
| CGNX Cognex Corp. | Reduce -4.0% | 0.25% | −0.04 |
| UPS United Parcel Service Class B | Reduce -28.8% | 0.08% | −0.04 |
| AMAT Applied Materials Inc. | Reduce -12.8% | 0.21% | −0.04 |
| UEC Uranium Energy Corp. | Reduce -5.3% | 0.10% | −0.04 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -49.3% | 0.05% | −0.04 |
| CVLT Commvault Systems Inc. | Reduce -18.7% | 0.38% | −0.03 |
| AEIS Advanced Energy Industries | Reduce -4.6% | 0.19% | −0.03 |
| TLS Telos Corporation | Reduce -2.2% | 0.09% | −0.03 |
| TGT Target Corp. | Reduce -41.9% | 0.03% | −0.03 |
| WERN Werner Enterprises Inc. | Reduce -6.6% | 0.15% | −0.03 |
| CCRN Cross Country Healthcare Inc. | Sold out | 0.00% | −0.03 |
| LIND Lindblad Expeditions Holding | Reduce -4.7% | 0.13% | −0.03 |
| PLUG Plug Power Inc. | Reduce -2.5% | 0.06% | −0.03 |
| MSGS Madison Square Garden Sports | Reduce -1.5% | 0.33% | −0.03 |
| RJF Raymond James Financial Inc. | Reduce -3.3% | 0.37% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| DGRW Wisdomtree U.S. Quality Divi | Add +2345.1% | 0.27% | +0.26 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.4% | 0.87% | +0.20 |
| BABA Alibaba Group Holding-SP ADR | Add +2185.1% | 0.19% | +0.19 |
| REGN Regeneron Pharmaceuticals | Add +29.7% | 0.75% | +0.15 |
| CVX Chevron Corp. | Add +3.3% | 0.49% | +0.11 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.5% | 0.80% | +0.11 |
| QQQ Invesco QQQ Trust Series 1 | Add +10.0% | 1.30% | +0.11 |
| VRTX Vertex Pharmaceuticals Inc. | Add +93.1% | 0.18% | +0.11 |
| TKO Tko Group Holdings Inc. | New | 0.10% | +0.10 |
| RTX RTX Corp. | Add +1.5% | 0.46% | +0.09 |
| ABBV Abbvie Inc. | Add +1.4% | 0.40% | +0.09 |
| LLY Eli Lilly & Co. | Add +0.1% | 0.65% | +0.09 |
| MU Micron Technology Inc. | Add +8.8% | 0.49% | +0.09 |
| XOM Exxon Mobil Corp. | Add +3.4% | 0.44% | +0.08 |
| QRVO Qorvo Inc. | Add +12.5% | 0.40% | +0.08 |
| JEPI JPMorgan Equity Premium Inco | Add +7.5% | 0.57% | +0.08 |
| GMOI GMO International Value ETF | Add +64.2% | 0.13% | +0.06 |
| VICR Vicor Corp. | Add +29.0% | 0.24% | +0.06 |
| AMGN Amgen Inc. | Add +0.1% | 0.27% | +0.06 |
| PG The Procter & Gamble Co. | Add +1.7% | 0.57% | +0.06 |
| ABT Abbott Laboratories | Add +7.5% | 0.22% | +0.06 |
| PM Philip Morris International | Add +7.2% | 0.16% | +0.05 |
| PWR Quanta Services Inc. | Add +408.0% | 0.07% | +0.05 |
| CNI Canadian Natl Railway Co. | Add +34.8% | 0.19% | +0.05 |
| QUAL iShares MSCI USA Quality Fac | Add +1.6% | 1.05% | +0.05 |
| TOTL SS Doubleline TR Tact ETF | Add +12.3% | 0.27% | +0.05 |
| LRCX Lam Research Corp. | Add +0.1% | 0.63% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 1.67% | +0.05 |
| SDVY First Trust Smid Cap Rising | Add +403.6% | 0.06% | +0.05 |
| UBER Uber Technologies Inc. | Add +26.5% | 0.12% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +2.1% | 0.33% | +0.05 |
| WM Waste Management Inc. | Add +0.4% | 0.25% | +0.05 |
| RDVI FT Vest Rising Dividend Achi | Add +16.6% | 0.25% | +0.05 |
| HD Home Depot Inc. | Add +4.2% | 0.84% | +0.05 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.6% | 0.95% | +0.05 |
| VRT Vertiv Holdings Co. Class A | New | 0.05% | +0.05 |
| BND Vanguard Total Bond Market | Add +4.6% | 0.33% | +0.04 |
| KO The Coca-Cola Co. | Add +1.9% | 0.20% | +0.04 |
| KVUE Kenvue Inc. | Add +0.3% | 0.23% | +0.04 |
| LYFT LYFT Inc. Class A | Add +243.3% | 0.06% | +0.04 |
| MCD McDonald's Corp. | Add +2.3% | 0.25% | +0.04 |
| MA Mastercard Inc. Class A | Add +0.1% | 0.33% | +0.04 |
| TPC Tutor Perini Corp. | Add +33.1% | 0.13% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +1.9% | 0.29% | +0.04 |
| RSP Invesco S&P 500 Equal Weight | Add +2.5% | 0.40% | +0.03 |
| SO The Southern Co. | Add +3.1% | 0.17% | +0.03 |
| D Dominion Energy Inc. | Add +102.3% | 0.05% | +0.03 |
| MDT Medtronic PLC | Add +0.7% | 0.16% | +0.03 |
| CIBR First Trust Nasdaq Cybersecu | Add +4.3% | 0.27% | +0.03 |
| VLO Valero Energy Corp. | Add +2.9% | 0.17% | +0.03 |
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 |