Pinnacle Associates Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), Pinnacle Associates Ltd. reported 845 stock positions worth $6.9 billion. Its top holding was Johnson & Johnson (JNJ) at 4.4% of the portfolio, followed by Apple (AAPL, 3.8%) and Microsoft (MSFT, 3.2%). Compared with Q1 2025, it opened 42 new positions, sold out of 20, added to 271 and reduced 469. The biggest buy was Nvidia (NVDA, shares +7%) and the biggest sale Johnson & Johnson (JNJ, shares −52%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000743127
- Portfolio Value
- $6.9B (Q2 2025)
- SEC Filing
- 0001085146-25-004479 ↗ filed Aug 4, 2025
Holdings Value
Holdings 845 stocks · $6.9B
| JNJ Johnson & Johnson | 4.43% | 2,005,126 | $306.3M | Reduce -52.1% |
| AAPL Apple Inc. | 3.83% | 1,288,720 | $264.4M | Reduce -4.3% |
| MSFT Microsoft Corp. | 3.17% | 439,635 | $218.7M | Reduce -1.8% |
| NVDA Nvidia Corp. | 2.23% | 975,116 | $154.1M | Add +7.1% |
| AVGO Broadcom Inc. | 1.90% | 476,640 | $131.4M | Reduce -5.2% |
| JPM JPMorgan Chase & Co. | 1.84% | 437,680 | $126.9M | Reduce -1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.78% | 199,425 | $123.2M | Reduce -2.0% |
| AMZN Amazon.com Inc. | 1.68% | 529,713 | $116.2M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 1.68% | 157,289 | $116.1M | Add +0.7% |
| VTI VG Morningstar TS MKT ETF-US | 1.57% | 357,860 | $108.8M | Add +52.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.51% | 441,387 | $104.6M | Reduce -1.6% |
| QQQ Invesco QQQ Trust Series 1 | 1.51% | 189,035 | $104.3M | Add +0.3% |
| IVV iShares Core S&P 500 ETF | 1.24% | 137,423 | $85.3M | Add +2.1% |
| QUAL iShares MSCI USA Quality Fac | 1.13% | 425,220 | $77.7M | Add +1.4% |
| VYM Vanguard High DVD Yield ETF | 1.02% | 528,524 | $70.5M | Add +1.9% |
| V Visa Inc. Class A | 0.94% | 183,241 | $65.1M | Reduce -0.3% |
| MS Morgan Stanley | 0.92% | 453,078 | $63.8M | Reduce -1.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.92% | 949,121 | $63.8M | Add +5.4% |
| GOOGL Alphabet Inc. Class A | 0.91% | 357,907 | $63.1M | Reduce -7.5% |
| GOOG Alphabet Inc. Class C | 0.91% | 354,478 | $62.9M | Reduce -10.2% |
| RCL Royal Caribbean Cruises Ltd. | 0.83% | 183,275 | $57.4M | Reduce -21.7% |
| HD Home Depot Inc. | 0.83% | 156,212 | $57.3M | Add +0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.77% | 109,604 | $53.2M | Reduce -1.2% |
| AXP American Express Co. | 0.76% | 165,149 | $52.7M | Reduce -1.6% |
| ORCL Oracle Corp. | 0.75% | 237,079 | $51.8M | Reduce -0.0% |
| CSCO Cisco Systems Inc. | 0.72% | 718,110 | $49.8M | Reduce -1.1% |
| WMT Walmart Inc. | 0.69% | 490,939 | $48.0M | Add +35.3% |
| MU Micron Technology Inc. | 0.69% | 385,505 | $47.5M | Add +0.8% |
| LRCX Lam Research Corp. | 0.67% | 476,943 | $46.4M | Reduce -19.8% |
| GLNG Golar LNG Ltd. | 0.64% | 1,073,966 | $44.2M | Reduce -22.1% |
| CAT Caterpillar Inc. | 0.63% | 112,662 | $43.7M | Add +0.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.63% | 921,816 | $43.6M | Reduce -1.9% |
| BLK BlackRock Inc. | 0.63% | 41,143 | $43.2M | Reduce -1.6% |
| LLY Eli Lilly & Co. | 0.61% | 54,182 | $42.2M | Add +1.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.60% | 140,538 | $41.4M | Reduce -8.8% |
| XYL Xylem Inc. | 0.59% | 314,381 | $40.7M | Reduce -17.8% |
| SCHD Schwab US DVD Equity ETF | 0.59% | 1,527,743 | $40.5M | Reduce -2.6% |
| ETN Eaton Corp. PLC | 0.58% | 112,179 | $40.0M | Reduce -3.0% |
| VGT Vanguard Info Tech ETF | 0.58% | 60,200 | $39.9M | Reduce -5.4% |
| JEPI JPMorgan Equity Premium Inco | 0.56% | 683,775 | $38.9M | Add +0.8% |
| MKL Markel Group Inc. | 0.54% | 18,702 | $37.4M | Reduce -1.0% |
| COHR Coherent Corp. | 0.53% | 413,075 | $36.9M | Reduce -18.9% |
| COST Costco Wholesale Corp. | 0.53% | 36,826 | $36.5M | Reduce -1.1% |
| REGN Regeneron Pharmaceuticals | 0.52% | 68,926 | $36.2M | Reduce -14.9% |
| PG The Procter & Gamble Co. | 0.52% | 224,072 | $35.7M | Reduce -1.8% |
| MRK Merck & Co. Inc. | 0.51% | 442,824 | $35.1M | Reduce -0.1% |
| RTX RTX Corp. | 0.50% | 234,550 | $34.2M | Reduce -1.3% |
| MDY State Street SPDR S&P Midcap | 0.49% | 59,147 | $33.5M | Reduce -5.7% |
| ITRI Itron Inc. | 0.47% | 244,177 | $32.1M | Reduce -20.8% |
| ABBV Abbvie Inc. | 0.45% | 168,560 | $31.3M | Add +28.4% |
| BX Blackstone Inc. | 0.45% | 207,442 | $31.0M | Add +3.7% |
| C Citigroup Inc. | 0.42% | 340,145 | $29.0M | Reduce -1.5% |
| IJR iShares Core S&P Small-Cap E | 0.42% | 263,641 | $28.8M | Add +0.4% |
| RSP Invesco S&P 500 Equal Weight | 0.42% | 158,120 | $28.7M | Add +0.5% |
| AVAV Aerovironment Inc. | 0.42% | 100,728 | $28.7M | Reduce -35.4% |
| QLTY GMO U.S. Quality ETF | 0.41% | 828,557 | $28.4M | Add +0.0% |
| CVX Chevron Corp. | 0.41% | 198,129 | $28.4M | Reduce -1.1% |
| HON Honeywell International Inc. | 0.41% | 120,952 | $28.2M | Reduce -3.8% |
| BYD Boyd Gaming Corp. | 0.41% | 358,046 | $28.0M | Reduce -23.4% |
| CCJ Cameco Corp. | 0.40% | 371,447 | $27.6M | Reduce -11.5% |
| GS Goldman Sachs Group Inc. | 0.39% | 38,046 | $26.9M | Reduce -1.5% |
| VEA Vanguard Ftse Developed ETF | 0.39% | 471,516 | $26.9M | Add +5.9% |
| XOM Exxon Mobil Corp. | 0.38% | 245,799 | $26.5M | Reduce -2.3% |
| OSW Onespaworld Holdings Ltd. | 0.38% | 1,275,015 | $26.0M | Reduce -21.0% |
| AMBA Ambarella Inc. | 0.37% | 388,437 | $25.7M | Reduce -21.7% |
| QRVO Qorvo Inc. | 0.37% | 301,571 | $25.6M | Reduce -20.8% |
| PRKS United Parks & Resorts Inc. | 0.37% | 537,898 | $25.4M | Reduce -19.2% |
| BND Vanguard Total Bond Market | 0.34% | 323,248 | $23.8M | Add +6.4% |
| LITE Lumentum Holdings Inc. | 0.34% | 249,271 | $23.7M | Reduce -26.6% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.34% | 53,245 | $23.5M | Reduce -5.1% |
| CIBR First Trust Nasdaq Cybersecu | 0.34% | 309,681 | $23.4M | Add +4.7% |
| TRMB Trimble Inc. | 0.34% | 304,888 | $23.2M | Reduce -24.3% |
| MA Mastercard Inc. Class A | 0.33% | 40,857 | $23.0M | Reduce -1.2% |
| LASR Nlight Inc. | 0.33% | 1,153,546 | $22.7M | Reduce -31.6% |
| CVLT Commvault Systems Inc. | 0.32% | 126,019 | $22.0M | Reduce -23.4% |
| IJH iShares Core S&P Midcap ETF | 0.32% | 352,929 | $21.9M | Add +5.2% |
| DGRW Wisdomtree U.S. Quality Divi | 0.31% | 257,358 | $21.6M | Add +12.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.30% | 72,719 | $20.7M | Add +0.3% |
| RJF Raymond James Financial Inc. | 0.30% | 133,786 | $20.5M | Reduce -25.5% |
| MSGS Madison Square Garden Sports | 0.29% | 97,420 | $20.4M | Reduce -16.6% |
| CP Canadian Pacific Kansas City | 0.29% | 253,783 | $20.1M | Reduce -16.3% |
| PEP Pepsico Inc. | 0.29% | 152,193 | $20.1M | Add +9.8% |
| TOTL SS Doubleline TR Tact ETF | 0.29% | 493,006 | $19.8M | Add +8.5% |
| IONS Ionis Pharmaceuticals Inc. | 0.28% | 494,539 | $19.5M | Reduce -18.7% |
| DLR Digital Realty Trust Inc. | 0.28% | 110,842 | $19.3M | Reduce -24.0% |
| RDVI FT Vest Rising Dividend Achi | 0.28% | 772,479 | $19.1M | Add +5.6% |
| MANU Manchester United PLC Class A | 0.27% | 1,060,735 | $18.9M | Reduce -13.1% |
| FDN First Trust DJ Internet Ind | 0.27% | 70,098 | $18.9M | Add +7.9% |
| CMCSA Comcast Corp. Class A | 0.27% | 528,067 | $18.8M | Reduce -1.4% |
| NEE Nextera Energy Inc. | 0.27% | 270,195 | $18.8M | Reduce -1.4% |
| FDX FedEx Corp. | 0.27% | 81,974 | $18.6M | Add +0.2% |
| AMAT Applied Materials Inc. | 0.26% | 99,713 | $18.3M | Add +2.5% |
| TSLA Tesla Inc. | 0.26% | 55,717 | $17.7M | Add +9.3% |
| IRDM Iridium Communications Inc. | 0.25% | 582,863 | $17.6M | Reduce -23.7% |
| AMGN Amgen Inc. | 0.24% | 60,127 | $16.8M | Add +2.8% |
| WM Waste Management Inc. | 0.24% | 72,914 | $16.7M | Reduce -0.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.24% | 131,751 | $16.3M | Reduce -5.2% |
| MP MP Materials Corp. | 0.23% | 485,760 | $16.2M | Reduce -25.7% |
| GLW Corning Inc. | 0.23% | 303,804 | $16.0M | Reduce -0.3% |
| IWM iShares Russell 2000 ETF | 0.23% | 73,314 | $15.8M | Reduce -0.6% |
Portfolio Sells Q1 2025 → Q2 2025
| JNJ Johnson & Johnson | Reduce -52.1% | 4.43% | −5.74 |
| AAPL Apple Inc. | Reduce -4.3% | 3.83% | −0.55 |
| ITCI Intra-Cellular Therapies Inc. | Sold out | 0.00% | −0.26 |
| REGN Regeneron Pharmaceuticals | Reduce -14.9% | 0.52% | −0.23 |
| BABA Alibaba Group Holding-SP ADR | Reduce -87.4% | 0.02% | −0.17 |
| UNH Unitedhealth Group Inc. | Reduce -6.4% | 0.16% | −0.13 |
| GLNG Golar LNG Ltd. | Reduce -22.1% | 0.64% | −0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.2% | 0.77% | −0.09 |
| XYL Xylem Inc. | Reduce -17.8% | 0.59% | −0.08 |
| CVX Chevron Corp. | Reduce -1.1% | 0.41% | −0.08 |
| PRKS United Parks & Resorts Inc. | Reduce -19.2% | 0.37% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -0.1% | 0.51% | −0.08 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.07 |
| RJF Raymond James Financial Inc. | Reduce -25.5% | 0.30% | −0.07 |
| VICR Vicor Corp. | Reduce -23.8% | 0.18% | −0.07 |
| CVLT Commvault Systems Inc. | Reduce -23.4% | 0.32% | −0.06 |
| SRPT Sarepta Therapeutics Inc. | Reduce -27.9% | 0.01% | −0.06 |
| CYTK Cytokinetics Inc. | Reduce -22.9% | 0.10% | −0.06 |
| RHI Robert Half Inc. | Reduce -25.4% | 0.07% | −0.06 |
| SCHD Schwab US DVD Equity ETF | Reduce -2.6% | 0.59% | −0.06 |
| PPLI People Inc. | Reduce -23.8% | 0.09% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -2.3% | 0.38% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -1.8% | 0.52% | −0.05 |
| TRMB Trimble Inc. | Reduce -24.3% | 0.34% | −0.05 |
| CGNX Cognex Corp. | Reduce -24.4% | 0.20% | −0.05 |
| IRDM Iridium Communications Inc. | Reduce -23.7% | 0.25% | −0.05 |
| WERN Werner Enterprises Inc. | Reduce -27.6% | 0.10% | −0.05 |
| MTCH Match Group Inc. | Reduce -30.2% | 0.11% | −0.05 |
| FANG Diamondback Energy Inc. | Reduce -24.5% | 0.09% | −0.05 |
| TDS Telephone and Data Systems | Reduce -15.6% | 0.15% | −0.05 |
| BYD Boyd Gaming Corp. | Reduce -23.4% | 0.41% | −0.05 |
| HP Helmerich & Payne | Reduce -25.3% | 0.03% | −0.04 |
| UPS United Parcel Service Class B | Reduce -47.9% | 0.04% | −0.04 |
| UNIT Uniti Group LLC Com SHS | Reduce -21.1% | 0.09% | −0.04 |
| TENB Tenable Holdings Inc. | Reduce -29.1% | 0.08% | −0.04 |
| MSGS Madison Square Garden Sports | Reduce -16.6% | 0.29% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.9% | 0.14% | −0.04 |
| SBGI Sinclair Inc. | Reduce -16.7% | 0.09% | −0.04 |
| SLB SLB Ltd. | Reduce -18.9% | 0.07% | −0.04 |
| TGNA Tegna Inc. | Reduce -19.7% | 0.10% | −0.04 |
| HXL Hexcel Corp. | Reduce -25.2% | 0.11% | −0.04 |
| QRVO Qorvo Inc. | Reduce -20.8% | 0.37% | −0.03 |
| UNP Union Pacific Corp. | Reduce -15.1% | 0.15% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -5.6% | 0.08% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.5% | 0.08% | −0.03 |
| LVS Las Vegas Sands Corp. | Reduce -21.8% | 0.20% | −0.03 |
| PTCT PTC Therapeutics Inc. | Reduce -25.7% | 0.07% | −0.03 |
| ADI Analog Devices Inc. | Reduce -49.4% | 0.04% | −0.03 |
| DLR Digital Realty Trust Inc. | Reduce -24.0% | 0.28% | −0.03 |
| WBD Warner Bros Discovery Inc. | Reduce -19.5% | 0.13% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +7.1% | 2.23% | +0.78 |
| VTI VG Morningstar TS MKT ETF-US | Add +52.5% | 1.57% | +0.63 |
| META Meta Platforms Inc. Class A | Add +0.7% | 1.68% | +0.36 |
| WMT Walmart Inc. | Add +35.3% | 0.69% | +0.23 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.3% | 1.51% | +0.21 |
| MU Micron Technology Inc. | Add +0.8% | 0.69% | +0.20 |
| IVV iShares Core S&P 500 ETF | Add +2.1% | 1.24% | +0.13 |
| VEU Vanguard Ftse All-World Ex-U | Add +5.4% | 0.92% | +0.12 |
| KKR KKR & Co. Inc. | Add +195.7% | 0.15% | +0.10 |
| COF Capital One Financial Corp. | Add +186.2% | 0.14% | +0.10 |
| EOLS Evolus Inc. | New | 0.09% | +0.09 |
| CAT Caterpillar Inc. | Add +0.4% | 0.63% | +0.09 |
| EVR Evercore Inc. Class A | New | 0.08% | +0.08 |
| QUAL iShares MSCI USA Quality Fac | Add +1.4% | 1.13% | +0.07 |
| ALNT Allient Inc. | Add +1.9% | 0.18% | +0.07 |
| ZS Zscaler Inc. | Add +5.6% | 0.17% | +0.07 |
| GMOI GMO International Value ETF | Add +40.2% | 0.20% | +0.07 |
| CIBR First Trust Nasdaq Cybersecu | Add +4.7% | 0.34% | +0.07 |
| TSLA Tesla Inc. | Add +9.3% | 0.26% | +0.06 |
| FDN First Trust DJ Internet Ind | Add +7.9% | 0.27% | +0.06 |
| NFLX Netflix Inc. | Add +5.2% | 0.18% | +0.06 |
| VEA Vanguard Ftse Developed ETF | Add +5.9% | 0.39% | +0.06 |
| AMAT Applied Materials Inc. | Add +2.5% | 0.26% | +0.06 |
| PWR Quanta Services Inc. | Add +20.8% | 0.13% | +0.05 |
| TDW Tidewater Inc. | Add +136.9% | 0.08% | +0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +1.5% | 0.16% | +0.05 |
| ABBV Abbvie Inc. | Add +28.4% | 0.45% | +0.05 |
| SPHR Sphere Entertainment Co. | Add +88.5% | 0.08% | +0.04 |
| DGRW Wisdomtree U.S. Quality Divi | Add +12.1% | 0.31% | +0.04 |
| VRT Vertiv Holdings Co. Class A | Add +8.9% | 0.09% | +0.04 |
| VYM Vanguard High DVD Yield ETF | Add +1.9% | 1.02% | +0.04 |
| BX Blackstone Inc. | Add +3.7% | 0.45% | +0.04 |
| GEV GE Vernova Inc. | Add +3.6% | 0.09% | +0.04 |
| SEI Solaris Energy Infrastructur | Add +1.7% | 0.15% | +0.03 |
| HELO JPMorgan Hedged Equity ETF | Add +375.5% | 0.04% | +0.03 |
| UBER Uber Technologies Inc. | Add +0.1% | 0.16% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +5.1% | 0.08% | +0.03 |
| QLTY GMO U.S. Quality ETF | Add +0.0% | 0.41% | +0.03 |
| IJH iShares Core S&P Midcap ETF | Add +5.2% | 0.32% | +0.03 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +0.3% | 0.30% | +0.03 |
| DUHP Dimensional US High Profi Et | Add +8.4% | 0.20% | +0.03 |
| NXPI NXP Semiconductors NV | Add +3.3% | 0.16% | +0.02 |
| SDVY First Trust Smid Cap Rising | Add +31.0% | 0.09% | +0.02 |
| TKO Tko Group Holdings Inc. | Add +3.8% | 0.12% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +25.9% | 0.05% | +0.02 |
| ARWR Arrowhead Pharmaceuticals Inc. | Add +49.9% | 0.05% | +0.02 |
| RDVI FT Vest Rising Dividend Achi | Add +5.6% | 0.28% | +0.02 |
| FWONA Liberty Media Corp. Class A | Add +0.5% | 0.16% | +0.02 |
| EVEX Eve Holding Inc. | Add +432.2% | 0.02% | +0.02 |
| FCX Freeport-McMoran Inc. | Add +3.4% | 0.14% | +0.02 |
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 |