Pinnacle Associates Ltd.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Pinnacle Associates Ltd. reported 863 stock positions worth $7.5 billion. Its top holding was Apple (AAPL) at 4.2% of the portfolio, followed by Johnson & Johnson (JNJ, 4.1%) and Microsoft (MSFT, 3.0%). Compared with Q2 2025, it opened 40 new positions, sold out of 22, added to 249 and reduced 470. The biggest buy was Uranium Energy (UEC, shares +38%) and the biggest sale Johnson & Johnson (JNJ, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000743127
- Portfolio Value
- $7.5B (Q3 2025)
- SEC Filing
- 0000743127-25-000003 ↗ filed Nov 13, 2025
Holdings Value
Holdings 863 stocks · $7.5B
| AAPL Apple Inc. | 4.24% | 1,253,616 | $319.2M | Reduce -2.7% |
| JNJ Johnson & Johnson | 4.08% | 1,659,970 | $307.8M | Reduce -17.2% |
| MSFT Microsoft Corp. | 2.95% | 429,680 | $222.6M | Reduce -2.3% |
| NVDA Nvidia Corp. | 2.36% | 952,998 | $177.8M | Reduce -2.3% |
| AVGO Broadcom Inc. | 2.04% | 466,332 | $153.8M | Reduce -2.2% |
| JPM JPMorgan Chase & Co. | 1.80% | 429,700 | $135.5M | Reduce -1.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.76% | 198,984 | $132.6M | Reduce -0.2% |
| VTI VG Morningstar TS MKT ETF-US | 1.57% | 359,510 | $118.0M | Add +0.5% |
| QQQ Invesco QQQ Trust Series 1 | 1.55% | 194,344 | $116.7M | Add +2.8% |
| AMZN Amazon.com Inc. | 1.54% | 528,355 | $116.0M | Reduce -0.3% |
| META Meta Platforms Inc. Class A | 1.53% | 157,181 | $115.4M | Reduce -0.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.52% | 451,808 | $114.9M | Add +2.4% |
| IVV iShares Core S&P 500 ETF | 1.24% | 139,479 | $93.4M | Add +1.5% |
| GOOGL Alphabet Inc. Class A | 1.15% | 355,128 | $86.3M | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 1.13% | 349,916 | $85.2M | Reduce -1.3% |
| QUAL iShares MSCI USA Quality Fac | 1.11% | 428,191 | $83.3M | Add +0.7% |
| VYM Vanguard High DVD Yield ETF | 1.01% | 537,726 | $75.8M | Add +1.7% |
| MS Morgan Stanley | 0.96% | 453,796 | $72.1M | Add +0.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.94% | 993,120 | $70.9M | Add +4.6% |
| ORCL Oracle Corp. | 0.88% | 235,393 | $66.2M | Reduce -0.7% |
| HD Home Depot Inc. | 0.86% | 159,339 | $64.6M | Add +2.0% |
| V Visa Inc. Class A | 0.83% | 182,782 | $62.4M | Reduce -0.3% |
| MU Micron Technology Inc. | 0.78% | 351,352 | $58.8M | Reduce -8.9% |
| LRCX Lam Research Corp. | 0.75% | 424,777 | $56.9M | Reduce -10.9% |
| RCL Royal Caribbean Cruises Ltd. | 0.73% | 170,725 | $55.2M | Reduce -6.8% |
| AXP American Express Co. | 0.73% | 164,500 | $54.6M | Reduce -0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.72% | 108,438 | $54.5M | Reduce -1.1% |
| CAT Caterpillar Inc. | 0.72% | 112,996 | $53.9M | Add +0.3% |
| WMT Walmart Inc. | 0.67% | 488,068 | $50.3M | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 0.65% | 712,597 | $48.8M | Reduce -0.8% |
| LLY Eli Lilly & Co. | 0.64% | 63,627 | $48.5M | Add +17.4% |
| BLK BlackRock Inc. | 0.64% | 41,139 | $48.0M | Reduce -0.0% |
| REGN Regeneron Pharmaceuticals | 0.63% | 84,191 | $47.3M | Add +22.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.62% | 899,808 | $46.4M | Reduce -2.4% |
| XYL Xylem Inc. | 0.59% | 299,029 | $44.1M | Reduce -4.9% |
| ETN Eaton Corp. PLC | 0.58% | 117,561 | $44.0M | Add +4.8% |
| VGT Vanguard Info Tech ETF | 0.57% | 57,596 | $43.0M | Reduce -4.3% |
| GLNG Golar LNG Ltd. | 0.55% | 1,034,336 | $41.8M | Reduce -3.7% |
| COHR Coherent Corp. | 0.55% | 385,488 | $41.5M | Reduce -6.7% |
| SCHD Schwab US DVD Equity ETF | 0.53% | 1,475,986 | $40.3M | Reduce -3.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.53% | 140,788 | $39.7M | Add +0.2% |
| ABBV Abbvie Inc. | 0.53% | 171,419 | $39.7M | Add +1.7% |
| JEPI JPMorgan Equity Premium Inco | 0.53% | 694,836 | $39.7M | Add +1.6% |
| RTX RTX Corp. | 0.52% | 232,834 | $39.0M | Reduce -0.7% |
| MRK Merck & Co. Inc. | 0.49% | 443,116 | $37.2M | Add +0.1% |
| MKL Markel Group Inc. | 0.47% | 18,407 | $35.2M | Reduce -1.6% |
| BX Blackstone Inc. | 0.46% | 204,803 | $35.0M | Reduce -1.3% |
| MDY State Street SPDR S&P Midcap | 0.46% | 58,366 | $34.8M | Reduce -1.3% |
| PG The Procter & Gamble Co. | 0.46% | 223,170 | $34.3M | Reduce -0.4% |
| C Citigroup Inc. | 0.45% | 336,357 | $34.1M | Reduce -1.1% |
| COST Costco Wholesale Corp. | 0.45% | 36,580 | $33.9M | Reduce -0.7% |
| IONS Ionis Pharmaceuticals Inc. | 0.42% | 481,751 | $31.5M | Reduce -2.6% |
| LITE Lumentum Holdings Inc. | 0.42% | 193,445 | $31.5M | Reduce -22.4% |
| IJR iShares Core S&P Small-Cap E | 0.41% | 262,810 | $31.2M | Reduce -0.3% |
| AMBA Ambarella Inc. | 0.41% | 376,801 | $31.1M | Reduce -3.0% |
| CVX Chevron Corp. | 0.41% | 199,068 | $30.9M | Add +0.5% |
| RSP Invesco S&P 500 Equal Weight | 0.40% | 159,735 | $30.3M | Add +1.0% |
| QLTY GMO U.S. Quality ETF | 0.40% | 835,040 | $30.2M | Add +0.8% |
| GS Goldman Sachs Group Inc. | 0.40% | 37,565 | $29.9M | Reduce -1.3% |
| CCJ Cameco Corp. | 0.39% | 352,583 | $29.6M | Reduce -5.1% |
| ITRI Itron Inc. | 0.39% | 233,806 | $29.1M | Reduce -4.3% |
| AVAV Aerovironment Inc. | 0.38% | 91,783 | $28.9M | Reduce -8.9% |
| BYD Boyd Gaming Corp. | 0.38% | 333,586 | $28.8M | Reduce -6.8% |
| VEA Vanguard Ftse Developed ETF | 0.38% | 474,667 | $28.4M | Add +0.7% |
| BE Bloom Energy Corp. Class A | 0.37% | 332,315 | $28.1M | Reduce -23.6% |
| LASR Nlight Inc. | 0.36% | 928,350 | $27.5M | Reduce -19.5% |
| XOM Exxon Mobil Corp. | 0.36% | 242,993 | $27.4M | Reduce -1.1% |
| PRKS United Parks & Resorts Inc. | 0.36% | 523,528 | $27.1M | Reduce -2.7% |
| BND Vanguard Total Bond Market | 0.35% | 351,095 | $26.1M | Add +8.6% |
| QRVO Qorvo Inc. | 0.35% | 286,070 | $26.1M | Reduce -5.1% |
| OSW Onespaworld Holdings Ltd. | 0.34% | 1,211,833 | $25.6M | Reduce -5.0% |
| DGRW Wisdomtree U.S. Quality Divi | 0.34% | 286,027 | $25.4M | Add +11.1% |
| HON Honeywell International Inc. | 0.34% | 120,492 | $25.4M | Reduce -0.4% |
| PEP Pepsico Inc. | 0.32% | 174,308 | $24.5M | Add +14.5% |
| GLW Corning Inc. | 0.32% | 297,649 | $24.4M | Reduce -2.0% |
| MP MP Materials Corp. | 0.32% | 361,360 | $24.2M | Reduce -25.6% |
| TRMB Trimble Inc. | 0.32% | 293,328 | $24.0M | Reduce -3.8% |
| CIBR First Trust Nasdaq Cybersecu | 0.32% | 314,842 | $23.9M | Add +1.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.31% | 50,910 | $23.6M | Reduce -4.4% |
| MA Mastercard Inc. Class A | 0.31% | 40,930 | $23.3M | Add +0.2% |
| IJH iShares Core S&P Midcap ETF | 0.30% | 351,980 | $23.0M | Reduce -0.3% |
| CGNX Cognex Corp. | 0.30% | 506,896 | $23.0M | Add +16.7% |
| CVLT Commvault Systems Inc. | 0.30% | 120,939 | $22.8M | Reduce -4.0% |
| TSLA Tesla Inc. | 0.30% | 50,739 | $22.6M | Reduce -8.9% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.29% | 71,894 | $22.1M | Reduce -1.1% |
| TOTL SS Doubleline TR Tact ETF | 0.29% | 539,082 | $21.9M | Add +9.3% |
| NBIS Nebius Group NV | 0.29% | 192,109 | $21.6M | Add +3.2% |
| KTOS Kratos Defense & Security | 0.28% | 234,752 | $21.4M | Reduce -4.3% |
| MSGS Madison Square Garden Sports | 0.28% | 94,325 | $21.4M | Reduce -3.2% |
| RJF Raymond James Financial Inc. | 0.28% | 123,575 | $21.3M | Reduce -7.6% |
| FDN First Trust DJ Internet Ind | 0.27% | 73,988 | $20.7M | Add +5.5% |
| RDVI FT Vest Rising Dividend Achi | 0.27% | 799,660 | $20.7M | Add +3.5% |
| NEE Nextera Energy Inc. | 0.27% | 269,929 | $20.4M | Reduce -0.1% |
| AMAT Applied Materials Inc. | 0.27% | 97,979 | $20.1M | Reduce -1.7% |
| GMOI GMO International Value ETF | 0.26% | 634,949 | $19.7M | Add +37.6% |
| UEC Uranium Energy Corp. | 0.26% | 1,463,561 | $19.5M | Add +38.2% |
| FDX FedEx Corp. | 0.25% | 81,223 | $19.2M | Reduce -0.9% |
| WBD Warner Bros Discovery Inc. | 0.25% | 948,386 | $18.5M | Add +17.0% |
| DLR Digital Realty Trust Inc. | 0.25% | 106,835 | $18.5M | Reduce -3.6% |
| CP Canadian Pacific Kansas City | 0.24% | 242,981 | $18.1M | Reduce -4.3% |
Portfolio Sells Q2 2025 → Q3 2025
| JNJ Johnson & Johnson | Reduce -17.2% | 4.08% | −0.35 |
| MSFT Microsoft Corp. | Reduce -2.3% | 2.95% | −0.21 |
| FARO Faro Technologies Inc. | Sold out | 0.00% | −0.19 |
| META Meta Platforms Inc. Class A | Reduce -0.1% | 1.53% | −0.15 |
| AMZN Amazon.com Inc. | Reduce -0.3% | 1.54% | −0.14 |
| V Visa Inc. Class A | Reduce -0.3% | 0.83% | −0.11 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -6.8% | 0.73% | −0.10 |
| GLNG Golar LNG Ltd. | Reduce -3.7% | 0.55% | −0.09 |
| ITRI Itron Inc. | Reduce -4.3% | 0.39% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -0.7% | 0.45% | −0.08 |
| ADBE Adobe Inc. | Reduce -25.3% | 0.13% | −0.08 |
| CSCO Cisco Systems Inc. | Reduce -0.8% | 0.65% | −0.07 |
| MKL Markel Group Inc. | Reduce -1.6% | 0.47% | −0.07 |
| HON Honeywell International Inc. | Reduce -0.4% | 0.34% | −0.07 |
| RHI Robert Half Inc. | Reduce -85.2% | 0.01% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -0.4% | 0.46% | −0.06 |
| KVUE Kenvue Inc. | Reduce -0.5% | 0.14% | −0.06 |
| LYFT LYFT Inc. Class A | Reduce -82.3% | 0.02% | −0.06 |
| SCHD Schwab US DVD Equity ETF | Reduce -3.4% | 0.53% | −0.05 |
| CP Canadian Pacific Kansas City | Reduce -4.3% | 0.24% | −0.05 |
| ACN Accenture PLC Class A | Reduce -11.2% | 0.10% | −0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.1% | 0.72% | −0.05 |
| DIS The Walt Disney Co. | Reduce -3.5% | 0.19% | −0.04 |
| CNI Canadian Natl Railway Co. | Reduce -5.8% | 0.15% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -1.8% | 1.80% | −0.04 |
| TDS Telephone and Data Systems | Reduce -25.7% | 0.11% | −0.04 |
| AXP American Express Co. | Reduce -0.4% | 0.73% | −0.04 |
| EOLS Evolus Inc. | Reduce -1.6% | 0.06% | −0.04 |
| OSW Onespaworld Holdings Ltd. | Reduce -5.0% | 0.34% | −0.04 |
| PM Philip Morris International | Reduce -2.8% | 0.14% | −0.04 |
| DLR Digital Realty Trust Inc. | Reduce -3.6% | 0.25% | −0.03 |
| KO The Coca-Cola Co. | Reduce -4.0% | 0.16% | −0.03 |
| AVAV Aerovironment Inc. | Reduce -8.9% | 0.38% | −0.03 |
| T AT&T Inc. | Reduce -4.0% | 0.19% | −0.03 |
| WM Waste Management Inc. | Reduce -0.3% | 0.21% | −0.03 |
| WMT Walmart Inc. | Reduce -0.6% | 0.67% | −0.03 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -4.4% | 0.31% | −0.03 |
| ABT Abbott Laboratories | Reduce -1.9% | 0.20% | −0.03 |
| QRVO Qorvo Inc. | Reduce -5.1% | 0.35% | −0.03 |
| SLB SLB Ltd. | Reduce -32.9% | 0.04% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.2% | 1.76% | −0.02 |
| MDY State Street SPDR S&P Midcap | Reduce -1.3% | 0.46% | −0.02 |
| BYD Boyd Gaming Corp. | Reduce -6.8% | 0.38% | −0.02 |
| PPLI People Inc. | Reduce -9.0% | 0.07% | −0.02 |
| SAGE Sage Therapeutics Inc. | Sold out | 0.00% | −0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.8% | 0.14% | −0.02 |
| ARM Arm Holdings PLC-ADR | Reduce -5.8% | 0.06% | −0.02 |
| UNIT Uniti Group Inc. | Reduce -2.8% | 0.06% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -1.0% | 0.08% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -1.1% | 0.36% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| UEC Uranium Energy Corp. | Add +38.2% | 0.26% | +0.15 |
| NBIS Nebius Group NV | Add +3.2% | 0.29% | +0.14 |
| WBD Warner Bros Discovery Inc. | Add +17.0% | 0.25% | +0.11 |
| CGNX Cognex Corp. | Add +16.7% | 0.30% | +0.11 |
| REGN Regeneron Pharmaceuticals | Add +22.1% | 0.63% | +0.10 |
| AIOT Powerfleet Inc. | Add +635.7% | 0.10% | +0.09 |
| CAT Caterpillar Inc. | Add +0.3% | 0.72% | +0.08 |
| ABBV Abbvie Inc. | Add +1.7% | 0.53% | +0.07 |
| GMOI GMO International Value ETF | Add +37.6% | 0.26% | +0.07 |
| FUN Six Flags Entertainment Corp. | New | 0.06% | +0.06 |
| UCTT Ultra Clean Holdings Inc. | Add +55.7% | 0.14% | +0.06 |
| VMEO Vimeo Inc. | Add +21.9% | 0.10% | +0.05 |
| TFC Truist Financial Corp. | Add +38.3% | 0.20% | +0.05 |
| SBGI Sinclair Inc. | Add +46.4% | 0.13% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.8% | 1.55% | +0.04 |
| OXM Oxford Industries Inc. | Add +427.9% | 0.05% | +0.04 |
| CET Central Securities Corp. | New | 0.03% | +0.03 |
| PEP Pepsico Inc. | Add +14.5% | 0.32% | +0.03 |
| MS Morgan Stanley | Add +0.2% | 0.96% | +0.03 |
| LLY Eli Lilly & Co. | Add +17.4% | 0.64% | +0.03 |
| SDVY First Trust Smid Cap Rising | Add +39.8% | 0.12% | +0.03 |
| STTK Shattuck Labs Inc. | Add +1.8% | 0.04% | +0.03 |
| HD Home Depot Inc. | Add +2.0% | 0.86% | +0.03 |
| GOOS Canada Goose Holdings Inc. | Add +25.8% | 0.09% | +0.03 |
| BYRN Byrna Technologies Inc. | New | 0.03% | +0.03 |
| DGRW Wisdomtree U.S. Quality Divi | Add +11.1% | 0.34% | +0.03 |
| PLUG Plug Power Inc. | Add +0.2% | 0.07% | +0.02 |
| HELO JPMorgan Hedged Equity ETF | Add +58.2% | 0.07% | +0.02 |
| EVR Evercore Inc. Class A | Add +8.8% | 0.10% | +0.02 |
| KLAC KLA Corp. | Add +1.1% | 0.18% | +0.02 |
| ACWI iShares MSCI Acwi ETF | Add +37.6% | 0.07% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +2.3% | 0.15% | +0.02 |
| VEU Vanguard Ftse All-World Ex-U | Add +4.6% | 0.94% | +0.02 |
| JEPQ JPM Nasdaq Equity Premium | Add +33.7% | 0.07% | +0.02 |
| FLS Flowserve Corp. | Add +531.2% | 0.02% | +0.01 |
| XAIX Xtrackers AI & Big Data ETF | New | 0.01% | +0.01 |
| MTUM iShares MSCI USA Momentum Fa | Add +126.7% | 0.02% | +0.01 |
| APO Apollo Global Management Inc. | Add +311.5% | 0.02% | +0.01 |
| DTE DTE Energy Company | Add +112.4% | 0.02% | +0.01 |
| CMG Chipotle Mexican Grill Inc. | Add +119.1% | 0.04% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +2.4% | 1.52% | +0.01 |
| AEO American Eagle Outfitters | New | 0.01% | +0.01 |
| VXX Ipath Series B S&P 500 Vix | New | 0.01% | +0.01 |
| NPKI NPK International Inc. | New | 0.01% | +0.01 |
| EXPE Expedia Group Inc. | Add +11.9% | 0.04% | +0.01 |
| AMD Advanced Micro Devices | Add +4.9% | 0.10% | +0.01 |
| MPC Marathon Petroleum Corp. | Add +3.6% | 0.09% | +0.01 |
| PSKY Paramount Skydance Class B | New | 0.01% | +0.01 |
| RNG Ringcentral Inc. Class A | New | 0.01% | +0.01 |
| ERII Energy Recovery Inc. | Add +0.0% | 0.08% | +0.01 |
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 |