Pinnacle West Asset Management, Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 7, 2024), Pinnacle West Asset Management, Inc. reported 105 stock positions worth $128.6 million. Its top holding was Microsoft (MSFT) at 8.6% of the portfolio, followed by Apple (AAPL, 6.5%) and Nvidia (NVDA, 3.3%). Compared with Q1 2024, it opened 2 new positions, sold out of 2, added to 53 and reduced 26. The biggest buy was a new position in Darden Restaurants (DRI) and the biggest sale Walt Disney (DIS, shares −1%).

Most Recent 13F
Q2 2026
Location
CASPER, WY
CIK
0001975730
Portfolio Value
$128.6M (Q2 2024)
SEC Filing
0001975730-24-000006 ↗ filed Aug 7, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $126.0M Q1 2024 Q2 2024: $128.6M $128.6M Q2 2024 Q3 2024: $139.5M Q3 2024 Q4 2024: $139.7M Q4 2024 Q1 2025: $138.4M Q1 2025 Q2 2025: $144.7M Q2 2025 Q3 2025: $154.4M Q3 2025 Q4 2025: $153.9M Q4 2025 Q1 2026: $147.1M Q1 2026 Q2 2026: $144.7M Q2 2026

Holdings 105 stocks · $128.6M
MSFT Microsoft Corp. 8.58% 24,680 $11.0M Reduce -1.5%
AAPL Apple Inc. 6.53% 39,910 $8.4M Reduce -2.6%
NVDA Nvidia Corp. 3.29% 34,250 $4.2M Reduce -0.6%
LLY Eli Lilly & Co. 3.20% 4,550 $4.1M Reduce -0.3%
AMZN Amazon.com Inc. 2.91% 19,360 $3.7M Reduce -0.3%
UNH Unitedhealth Group Inc. 2.80% 7,075 $3.6M No change
JPM JPMorgan Chase & Co. 2.45% 15,580 $3.2M Reduce -1.2%
META Meta Platforms Inc. Class A 2.40% 6,135 $3.1M Reduce -3.1%
HD Home Depot Inc. 2.36% 8,810 $3.0M Add +0.6%
AMGN Amgen Inc. 2.34% 9,640 $3.0M Reduce -0.1%
GOOGL Alphabet Inc. Class A 2.00% 14,100 $2.6M Reduce -1.7%
WMB Williams Cos Inc. 1.80% 54,369 $2.3M No change
CVX Chevron Corp. 1.74% 14,330 $2.2M Add +0.1%
XOM Exxon Mobil Corp. 1.73% 19,340 $2.2M Add +0.1%
JNJ Johnson & Johnson 1.72% 15,120 $2.2M Add +0.7%
WMT Walmart Inc. 1.65% 31,280 $2.1M Add +1.2%
BLK BlackRock Finance Inc. 1.53% 2,496 $2.0M Reduce -0.4%
KMI Kinder Morgan Inc. 1.48% 95,650 $1.9M No change
BX Blackstone Inc. 1.46% 15,155 $1.9M Reduce -1.9%
OKE Oneok Inc. 1.37% 21,632 $1.8M No change
EPD Enterprise Products Partners 1.35% 59,807 $1.7M No change
GS Goldman Sachs Group Inc. 1.33% 3,785 $1.7M No change
UNP Union Pacific Corp. 1.33% 7,550 $1.7M No change
COST Costco Wholesale Corp. 1.32% 2,000 $1.7M No change
MCD McDonald's Corp. 1.29% 6,505 $1.7M Add +0.4%
CAT Caterpillar Inc. 1.26% 4,850 $1.6M Reduce -0.5%
ORCL Oracle Corp. 1.22% 11,145 $1.6M No change
TXN Texas Instruments Inc. 1.18% 7,805 $1.5M Reduce -0.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.13% 14,660 $1.5M Reduce -1.2%
DE Deere & Co. 1.11% 3,818 $1.4M Reduce -0.4%
V Visa Inc. Class A 1.09% 5,355 $1.4M Add +0.4%
CSCO Cisco Systems Inc. 1.02% 27,500 $1.3M No change
ADP Automatic Data Processing 0.98% 5,260 $1.3M Add +0.2%
MRK Merck & Co. Inc. 0.91% 9,480 $1.2M No change
BRK.B Berkshire Hathaway Inc. Class B 0.90% 2,845 $1.2M Reduce -1.7%
COP Conocophillips 0.89% 10,010 $1.1M Reduce -1.1%
PG The Procter & Gamble Co. 0.85% 6,650 $1.1M Add +0.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.85% 6,310 $1.1M No change
QCOM Qualcomm Inc. 0.82% 5,295 $1.1M Reduce -0.8%
GOOG Alphabet Inc. Class C 0.81% 5,675 $1.0M Reduce -3.7%
HON Honeywell International Inc. 0.79% 4,770 $1.0M Add +0.3%
VZ Verizon Communications Inc. 0.72% 22,600 $932K Add +1.4%
GPC Genuine Parts Co. 0.72% 6,705 $927K Add +1.4%
PEP Pepsico Inc. 0.70% 5,445 $898K Add +0.3%
INTC Intel Corp. 0.70% 28,979 $897K No change
INTU Intuit Inc. 0.69% 1,360 $894K Add +3.0%
NSC Norfolk Southern Corp. 0.66% 3,980 $854K Add +0.9%
ABT Abbott Laboratories 0.66% 8,180 $850K No change
AFL Aflac Inc. 0.63% 9,110 $814K Reduce -2.1%
BA The Boeing Co. 0.62% 4,355 $793K Reduce -5.7%
CL Colgate-Palmolive Co. 0.61% 8,115 $787K Add +0.4%
UPS United Parcel Service Class B 0.60% 5,650 $773K Add +3.9%
ADBE Adobe Inc. 0.59% 1,365 $758K Add +3.8%
KO The Coca-Cola Co. 0.54% 10,960 $698K Add +1.6%
LOW Lowe's Cos Inc. 0.53% 3,100 $683K No change
PRU Prudential Financial Inc. 0.53% 5,795 $679K No change
ITW Illinois Tool Works 0.53% 2,860 $678K Add +0.5%
DHR Danaher Corp. 0.49% 2,515 $628K Reduce -1.0%
T AT&T Inc. 0.49% 32,702 $625K Reduce -0.1%
LMT Lockheed Martin Corp. 0.48% 1,330 $621K Add +0.4%
MDT Medtronic PLC 0.47% 7,735 $609K No change
NEE Nextera Energy Inc. 0.47% 8,510 $603K Add +0.2%
SBUX Starbucks Corp. 0.45% 7,495 $583K Add +1.8%
BMY Bristol-Myers Squibb Co. 0.43% 13,250 $550K Add +1.5%
STX Seagate Technology Holdings 0.42% 5,190 $536K Add +2.5%
MMM 3M Co. 0.41% 5,170 $528K Reduce -2.2%
MDLZ Mondelez International Inc. Class A 0.40% 7,920 $518K Add +0.3%
BDX Becton Dickinson and Co. 0.38% 2,115 $494K Add +2.7%
LIN Linde PLC 0.37% 1,090 $478K Add +0.6%
PCAR Paccar Inc. 0.36% 4,535 $467K Add +9.0%
BHP BHP Group Ltd.-Spon ADR 0.35% 7,925 $452K Add +2.6%
IP International Paper Co. 0.35% 10,375 $448K Add +1.5%
DUK Duke Energy Corp. 0.35% 4,425 $444K Add +2.1%
TGT Target Corp. 0.35% 3,000 $444K No change
NVS Novartis AG-Sponsored ADR 0.34% 4,100 $436K No change
AEP American Electric Power 0.33% 4,875 $428K Add +0.4%
RY Royal Bank of Canada 0.33% 4,000 $426K No change
SO The Southern Co. 0.33% 5,405 $419K Add +0.9%
GD General Dynamics Corp. 0.32% 1,415 $411K Add +1.8%
PFE Pfizer Inc. 0.30% 13,900 $389K Add +3.7%
SWKS Skyworks Solutions Inc. 0.29% 3,515 $375K Add +2.9%
ABBV Abbvie Inc. 0.27% 2,000 $343K No change
DEO Diageo PLC-Sponsored ADR 0.25% 2,590 $327K Add +3.6%
HSY The Hershey Co. 0.25% 1,780 $327K Add +5.6%
PM Philip Morris International 0.24% 3,000 $304K No change
DRI Darden Restaurants Inc. 0.24% 2,000 $303K New
HII Huntington Ingalls Industrie 0.23% 1,220 $301K Add +2.1%
NSRGY Nestle SA-Spons ADR 0.23% 2,880 $295K Add +1.8%
WY Weyerhaeuser Co. 0.23% 10,290 $292K Add +4.6%
GIS General Mills Inc. 0.22% 4,545 $288K Add +2.8%
RTX RTX Corp. 0.22% 2,870 $288K Add +2.7%
CRM Salesforce Inc. 0.22% 1,115 $287K Add +0.9%
WAFD Wafd Inc. 0.22% 10,000 $286K No change
ED Consolidated Edison Inc. 0.22% 3,135 $280K Add +0.3%
BKH Black Hills Corp. 0.22% 5,115 $278K Add +1.5%
DD Dupont DE Nemours Inc. 0.21% 3,366 $271K Add +0.8%
XIFR XPLR Infrastructure LP filed as NEXTERA ENERGY PARTNERS LP 0.19% 8,675 $240K Add +21.7%
AXP American Express Co. 0.18% 1,000 $232K No change
DOW Dow Inc. 0.18% 4,322 $229K Add +0.2%
ATO Atmos Energy Corp. 0.18% 1,955 $228K Add +3.7%

Show all 105 holdings

Portfolio Sells Q1 2024 → Q2 2024
DIS The Walt Disney Co. Reduce -1.2% 1.13% −0.31
YUM Yum! Brands Inc. Sold out 0.00% −0.17
PSX Phillips 66 Sold out 0.00% −0.16
CAT Caterpillar Inc. Reduce -0.5% 1.26% −0.16
BX Blackstone Inc. Reduce -1.9% 1.46% −0.15
DE Deere & Co. Reduce -0.4% 1.11% −0.14
COP Conocophillips Reduce -1.1% 0.89% −0.13
BLK BlackRock Finance Inc. Reduce -0.4% 1.53% −0.13
TD Toronto-Dominion Bank Reduce -28.9% 0.16% −0.09
BA The Boeing Co. Reduce -5.7% 0.62% −0.09
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.7% 0.90% −0.07
JPM JPMorgan Chase & Co. Reduce -1.2% 2.45% −0.06
META Meta Platforms Inc. Class A Reduce -3.1% 2.40% −0.04
MMM 3M Co. Reduce -2.2% 0.41% −0.03
WBD Warner Bros Discovery Inc. Reduce -1.3% 0.08% −0.02
DHR Danaher Corp. Reduce -1.0% 0.49% −0.01
AFL Aflac Inc. Reduce -2.1% 0.63% −0.00
T AT&T Inc. Reduce -0.1% 0.49% +0.03
GOOG Alphabet Inc. Class C Reduce -3.7% 0.81% +0.10
TXN Texas Instruments Inc. Reduce -0.3% 1.18% +0.10
QCOM Qualcomm Inc. Reduce -0.8% 0.82% +0.10
AMZN Amazon.com Inc. Reduce -0.3% 2.91% +0.13
AMGN Amgen Inc. Reduce -0.1% 2.34% +0.17
MSFT Microsoft Corp. Reduce -1.5% 8.58% +0.21
GOOGL Alphabet Inc. Class A Reduce -1.7% 2.00% +0.28
LLY Eli Lilly & Co. Reduce -0.3% 3.20% +0.38
NVDA Nvidia Corp. Reduce -0.6% 3.29% +0.82
AAPL Apple Inc. Reduce -2.6% 6.53% +0.96

Portfolio Buys Q1 2024 → Q2 2024
DRI Darden Restaurants Inc. New 0.24% +0.24
WMT Walmart Inc. Add +1.2% 1.65% +0.17
AWK American Water Works Co. Inc. New 0.16% +0.16
ADBE Adobe Inc. Add +3.8% 0.59% +0.06
STX Seagate Technology Holdings Add +2.5% 0.42% +0.04
NEE Nextera Energy Inc. Add +0.2% 0.47% +0.04
CL Colgate-Palmolive Co. Add +0.4% 0.61% +0.03
IP International Paper Co. Add +1.5% 0.35% +0.03
SO The Southern Co. Add +0.9% 0.33% +0.02
KO The Coca-Cola Co. Add +1.6% 0.54% +0.02
HON Honeywell International Inc. Add +0.3% 0.79% +0.02
XIFR XPLR Infrastructure LP Add +21.7% 0.19% +0.02
INTU Intuit Inc. Add +3.0% 0.69% +0.01
DUK Duke Energy Corp. Add +2.1% 0.35% +0.01
GD General Dynamics Corp. Add +1.8% 0.32% +0.01
DD Dupont DE Nemours Inc. Add +0.8% 0.21% +0.01
RTX RTX Corp. Add +2.7% 0.22% +0.01
PFE Pfizer Inc. Add +3.7% 0.30% +0.01
OGE Oge Energy Corp. Add +2.5% 0.17% +0.01
LMT Lockheed Martin Corp. Add +0.4% 0.48% +0.00
AEP American Electric Power Add +0.4% 0.33% +0.00
PG The Procter & Gamble Co. Add +0.5% 0.85% +0.00
ATO Atmos Energy Corp. Add +3.7% 0.18% −0.00
BKH Black Hills Corp. Add +1.5% 0.22% −0.00
SWKS Skyworks Solutions Inc. Add +2.9% 0.29% −0.00
BHP BHP Group Ltd.-Spon ADR Add +2.6% 0.35% −0.00
HSY The Hershey Co. Add +5.6% 0.25% −0.01
ED Consolidated Edison Inc. Add +0.3% 0.22% −0.01
NSRGY Nestle SA-Spons ADR Add +1.8% 0.23% −0.01
CTVA Corteva Inc. Add +1.5% 0.17% −0.01
VZ Verizon Communications Inc. Add +1.4% 0.72% −0.02
DOW Dow Inc. Add +0.2% 0.18% −0.02
BDX Becton Dickinson and Co. Add +2.7% 0.38% −0.02
GIS General Mills Inc. Add +2.8% 0.22% −0.02
LIN Linde PLC Add +0.6% 0.37% −0.03
MDLZ Mondelez International Inc. Class A Add +0.3% 0.40% −0.04
DEO Diageo PLC-Sponsored ADR Add +3.6% 0.25% −0.04
CRM Salesforce Inc. Add +0.9% 0.22% −0.04
UPS United Parcel Service Class B Add +3.9% 0.60% −0.04
HII Huntington Ingalls Industrie Add +2.1% 0.23% −0.04
PCAR Paccar Inc. Add +9.0% 0.36% −0.05
CVX Chevron Corp. Add +0.1% 1.74% −0.05
XOM Exxon Mobil Corp. Add +0.1% 1.73% −0.05
WY Weyerhaeuser Co. Add +4.6% 0.23% −0.05
PEP Pepsico Inc. Add +0.3% 0.70% −0.06
ADP Automatic Data Processing Add +0.2% 0.98% −0.06
ITW Illinois Tool Works Add +0.5% 0.53% −0.08
SBUX Starbucks Corp. Add +1.8% 0.45% −0.08
V Visa Inc. Class A Add +0.4% 1.09% −0.09
GPC Genuine Parts Co. Add +1.4% 0.72% −0.09

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 104$144.7MAAPL, STX, NVDA, CAT, GOOGL
Q1 2026 114$147.1MAAPL, MSFT, NVDA, JPM, LLY
Q4 2025 114$153.9MMSFT, AAPL, NVDA, LLY, JPM
Q3 2025 116$154.4MMSFT, AAPL, NVDA, JPM, AMZN
Q2 2025 113$144.7MMSFT, AAPL, NVDA, AMZN, JPM
Q1 2025 112$138.4MMSFT, AAPL, UNH, AMZN, JPM
Q4 2024 114$139.7MMSFT, AAPL, AMZN, NVDA, JPM
Q3 2024 113$139.5MMSFT, AAPL, UNH, LLY, NVDA
Q2 2024 105$128.6MMSFT, AAPL, NVDA, LLY, AMZN
Q1 2024 105$126.0MMSFT, AAPL, LLY, AMZN, UNH