Pinnacle West Asset Management, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 24, 2025), Pinnacle West Asset Management, Inc. reported 113 stock positions worth $144.7 million. Its top holding was Microsoft (MSFT) at 8.4% of the portfolio, followed by Apple (AAPL, 5.4%) and Nvidia (NVDA, 3.2%). Compared with Q1 2025, it opened 1 new position, added to 20 and reduced 72. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
CASPER, WY
CIK
0001975730
Portfolio Value
$144.7M (Q2 2025)
SEC Filing
0001975730-25-000007 ↗ filed Jul 24, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $126.0M Q1 2024 Q2 2024: $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 $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 113 stocks · $144.7M
MSFT Microsoft Corp. 8.38% 24,385 $12.1M Reduce -0.4%
AAPL Apple Inc. 5.42% 38,245 $7.8M Reduce -0.7%
NVDA Nvidia Corp. 3.17% 29,045 $4.6M Add +0.2%
AMZN Amazon.com Inc. 2.94% 19,365 $4.2M Reduce -0.6%
JPM JPMorgan Chase & Co. 2.92% 14,590 $4.2M Reduce -2.2%
META Meta Platforms Inc. Class A 2.89% 5,655 $4.2M Reduce -1.0%
LLY Eli Lilly & Co. 2.38% 4,408 $3.4M Reduce -0.5%
WMB Williams Cos Inc. 2.37% 54,544 $3.4M Reduce -0.2%
HD Home Depot Inc. 2.25% 8,885 $3.3M Reduce -0.6%
WMT Walmart Inc. 2.16% 31,950 $3.1M Reduce -1.3%
GS Goldman Sachs Group Inc. 1.98% 4,050 $2.9M Reduce -0.3%
KMI Kinder Morgan Inc. 1.96% 96,218 $2.8M Reduce -0.2%
BLK BlackRock Finance Inc. 1.90% 2,619 $2.7M Reduce -1.1%
AMGN Amgen Inc. 1.85% 9,605 $2.7M Reduce -1.2%
ORCL Oracle Corp. 1.64% 10,860 $2.4M Reduce -0.7%
GOOGL Alphabet Inc. Class A 1.58% 12,985 $2.3M Reduce -1.4%
JNJ Johnson & Johnson 1.58% 14,950 $2.3M Reduce -1.7%
UNH Unitedhealth Group Inc. 1.55% 7,210 $2.2M Add +1.3%
CVX Chevron Corp. 1.52% 15,315 $2.2M Reduce -0.6%
XOM Exxon Mobil Corp. 1.50% 20,085 $2.2M Reduce -0.7%
BX Blackstone Inc. 1.45% 14,010 $2.1M Reduce -0.3%
DE Deere & Co. 1.40% 3,968 $2.0M Reduce -1.4%
COST Costco Wholesale Corp. 1.37% 2,000 $2.0M No change
MCD McDonald's Corp. 1.33% 6,610 $1.9M Reduce -0.7%
CSCO Cisco Systems Inc. 1.31% 27,325 $1.9M Reduce -0.2%
CAT Caterpillar Inc. 1.31% 4,870 $1.9M Reduce -0.5%
V Visa Inc. Class A 1.30% 5,300 $1.9M Reduce -1.0%
EPD Enterprise Products Partners 1.29% 59,960 $1.9M Reduce -0.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.28% 6,300 $1.9M Reduce -0.6%
OKE Oneok Inc. 1.23% 21,842 $1.8M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.23% 14,360 $1.8M Reduce -0.4%
UNP Union Pacific Corp. 1.21% 7,605 $1.8M Reduce -0.4%
ADP Automatic Data Processing 1.11% 5,220 $1.6M Reduce -0.8%
TXN Texas Instruments Inc. 1.08% 7,535 $1.6M Reduce -0.6%
BRK.B Berkshire Hathaway Inc. Class B 0.92% 2,750 $1.3M Reduce -0.9%
ABT Abbott Laboratories 0.78% 8,260 $1.1M Reduce -0.3%
HON Honeywell International Inc. 0.77% 4,795 $1.1M Reduce -1.4%
INTU Intuit Inc. 0.74% 1,365 $1.1M No change
PG The Procter & Gamble Co. 0.72% 6,535 $1.0M Reduce -1.7%
NSC Norfolk Southern Corp. 0.71% 4,035 $1.0M Reduce -0.6%
BA The Boeing Co. 0.68% 4,695 $984K Reduce -1.4%
VZ Verizon Communications Inc. 0.68% 22,585 $977K Reduce -3.4%
T AT&T Inc. 0.66% 33,083 $957K Reduce -5.0%
COP Conocophillips 0.64% 10,285 $923K Add +0.5%
GPC Genuine Parts Co. 0.62% 7,335 $890K Add +0.9%
STX Seagate Technology Holdings 0.61% 6,070 $876K Add +5.7%
MMM 3M Co. 0.58% 5,550 $845K Reduce -0.5%
QCOM Qualcomm Inc. 0.58% 5,285 $842K Reduce -0.4%
GOOG Alphabet Inc. Class C 0.58% 4,740 $841K Reduce -0.4%
AFL Aflac Inc. 0.58% 7,890 $832K Reduce -1.6%
DRI Darden Restaurants Inc. 0.56% 3,745 $816K Add +2.0%
KO The Coca-Cola Co. 0.55% 11,265 $797K Reduce -0.4%
PEP Pepsico Inc. 0.54% 5,900 $779K Reduce -0.9%
MRK Merck & Co. Inc. 0.52% 9,420 $746K Reduce -0.8%
CL Colgate-Palmolive Co. 0.51% 8,110 $737K Reduce -0.6%
ITW Illinois Tool Works 0.50% 2,920 $722K Reduce -1.2%
UPS United Parcel Service Class B 0.49% 7,090 $716K Reduce -0.7%
SBUX Starbucks Corp. 0.49% 7,745 $710K Reduce -0.3%
MDT Medtronic PLC 0.49% 8,075 $704K Reduce -0.9%
LOW Lowe's Cos Inc. 0.48% 3,100 $688K No change
INTC Intel Corp. 0.45% 28,804 $645K Reduce -0.5%
BMY Bristol-Myers Squibb Co. 0.44% 13,675 $633K Reduce -0.4%
LMT Lockheed Martin Corp. 0.44% 1,363 $631K No change
PRU Prudential Financial Inc. 0.42% 5,645 $606K Reduce -1.7%
NEE Nextera Energy Inc. 0.40% 8,400 $583K Reduce -2.4%
PCAR Paccar Inc. 0.39% 5,870 $558K Add +1.1%
DUK Duke Energy Corp. 0.38% 4,635 $547K Reduce -0.1%
ADBE Adobe Inc. 0.38% 1,410 $546K Add +0.7%
MDLZ Mondelez International Inc. Class A 0.38% 8,095 $546K Reduce -0.7%
PM Philip Morris International 0.38% 3,000 $546K No change
RY Royal Bank of Canada 0.36% 4,000 $526K No change
LIN Linde PLC 0.36% 1,100 $516K Reduce -0.5%
NVS Novartis AG-Sponsored ADR 0.35% 4,230 $512K No change
AEP American Electric Power 0.35% 4,860 $504K Reduce -0.8%
DHR Danaher Corp. 0.35% 2,530 $500K Add +0.6%
SO The Southern Co. 0.34% 5,395 $495K Reduce -0.2%
IP International Paper Co. 0.33% 10,330 $484K Reduce -1.9%
GD General Dynamics Corp. 0.33% 1,640 $478K No change
RTX RTX Corp. 0.33% 3,265 $477K Add +0.3%
BHP BHP Group Ltd.-Spon ADR 0.31% 9,425 $453K Reduce -1.3%
BDX Becton Dickinson and Co. 0.28% 2,355 $406K Add +1.7%
PFE Pfizer Inc. 0.26% 15,650 $379K Reduce -3.2%
ABBV Abbvie Inc. 0.26% 2,000 $371K No change
HII Huntington Ingalls Industrie 0.25% 1,505 $363K No change
WM Waste Management Inc. 0.25% 1,555 $356K Add +2.3%
HSY The Hershey Co. 0.23% 2,020 $335K No change
SYK Stryker Corp. 0.23% 845 $334K Add +1.2%
CRM Salesforce Inc. 0.23% 1,205 $329K Add +4.8%
DEO Diageo PLC-Sponsored ADR 0.22% 3,215 $324K Reduce -0.8%
AXP American Express Co. 0.22% 1,000 $319K No change
SNN Smith & Nephew PLC -Spon ADR 0.22% 10,325 $316K Add +1.5%
CTVA Corteva Inc. 0.22% 4,215 $314K Reduce -0.8%
ED Consolidated Edison Inc. 0.22% 3,110 $312K Reduce -0.8%
FAST Fastenal Co. 0.21% 7,350 $309K Add +1.4%
ATO Atmos Energy Corp. 0.21% 1,975 $304K No change
NSRGY Nestle SA-Spons ADR 0.21% 3,020 $300K Reduce -0.3%
TGT Target Corp. 0.20% 3,000 $296K No change
WAFD Wafd Inc. 0.20% 10,000 $293K No change
BKH Black Hills Corp. 0.20% 5,205 $292K Reduce -1.6%
WY Weyerhaeuser Co. 0.20% 11,240 $289K Reduce -0.9%
OGE Oge Energy Corp. 0.19% 6,350 $282K Reduce -1.3%
SWKS Skyworks Solutions Inc. 0.19% 3,790 $282K Add +6.3%
WEC WEC Energy Group Inc. 0.18% 2,565 $267K No change
CHKP Check Point Software Tech 0.18% 1,200 $265K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.17% 5,225 $247K New
SIEGY Siemens AG-Spons ADR 0.17% 1,900 $245K Add +2.7%
D Dominion Energy Inc. 0.17% 4,270 $241K Reduce -0.6%
SNY Sanofi-ADR 0.17% 4,975 $240K Add +1.5%
GIS General Mills Inc. 0.17% 4,605 $239K Reduce -0.9%
AWK American Water Works Co. Inc. 0.16% 1,660 $231K No change
YUM Yum! Brands Inc. 0.15% 1,500 $222K No change
CLX Clorox Company 0.15% 1,755 $211K Add +1.4%
DD Dupont DE Nemours Inc. 0.15% 3,070 $211K Reduce -7.8%

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -0.7% 5.42% −0.76
CVX Chevron Corp. Reduce -0.6% 1.52% −0.34
AMGN Amgen Inc. Reduce -1.2% 1.85% −0.33
LLY Eli Lilly & Co. Reduce -0.5% 2.38% −0.27
JNJ Johnson & Johnson Reduce -1.7% 1.58% −0.24
XOM Exxon Mobil Corp. Reduce -0.7% 1.50% −0.24
EPD Enterprise Products Partners Reduce -0.5% 1.29% −0.20
BMY Bristol-Myers Squibb Co. Reduce -0.4% 0.44% −0.17
MCD McDonald's Corp. Reduce -0.7% 1.33% −0.17
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.9% 0.92% −0.14
HD Home Depot Inc. Reduce -0.6% 2.25% −0.11
PEP Pepsico Inc. Reduce -0.9% 0.54% −0.11
MRK Merck & Co. Inc. Reduce -0.8% 0.52% −0.10
PG The Procter & Gamble Co. Reduce -1.7% 0.72% −0.10
UNP Union Pacific Corp. Reduce -0.4% 1.21% −0.09
VZ Verizon Communications Inc. Reduce -3.4% 0.68% −0.09
UPS United Parcel Service Class B Reduce -0.7% 0.49% −0.07
IP International Paper Co. Reduce -1.9% 0.33% −0.07
AFL Aflac Inc. Reduce -1.6% 0.58% −0.07
SBUX Starbucks Corp. Reduce -0.3% 0.49% −0.06
V Visa Inc. Class A Reduce -1.0% 1.30% −0.05
T AT&T Inc. Reduce -5.0% 0.66% −0.05
ADP Automatic Data Processing Reduce -0.8% 1.11% −0.05
PRU Prudential Financial Inc. Reduce -1.7% 0.42% −0.04
CL Colgate-Palmolive Co. Reduce -0.6% 0.51% −0.04
MDT Medtronic PLC Reduce -0.9% 0.49% −0.04
WY Weyerhaeuser Co. Reduce -0.9% 0.20% −0.04
AEP American Electric Power Reduce -0.8% 0.35% −0.04
NEE Nextera Energy Inc. Reduce -2.4% 0.40% −0.04
GIS General Mills Inc. Reduce -0.9% 0.17% −0.04
ED Consolidated Edison Inc. Reduce -0.8% 0.22% −0.03
KO The Coca-Cola Co. Reduce -0.4% 0.55% −0.03
DD Dupont DE Nemours Inc. Reduce -7.8% 0.15% −0.03
PFE Pfizer Inc. Reduce -3.2% 0.26% −0.03
KMI Kinder Morgan Inc. Reduce -0.2% 1.96% −0.03
DUK Duke Energy Corp. Reduce -0.1% 0.38% −0.03
ITW Illinois Tool Works Reduce -1.2% 0.50% −0.03
BKH Black Hills Corp. Reduce -1.6% 0.20% −0.03
INTC Intel Corp. Reduce -0.5% 0.45% −0.03
BHP BHP Group Ltd.-Spon ADR Reduce -1.3% 0.31% −0.02
MDLZ Mondelez International Inc. Class A Reduce -0.7% 0.38% −0.02
DEO Diageo PLC-Sponsored ADR Reduce -0.8% 0.22% −0.02
OGE Oge Energy Corp. Reduce -1.3% 0.19% −0.02
ABT Abbott Laboratories Reduce -0.3% 0.78% −0.02
SO The Southern Co. Reduce -0.2% 0.34% −0.02
LIN Linde PLC Reduce -0.5% 0.36% −0.02
NSRGY Nestle SA-Spons ADR Reduce -0.3% 0.21% −0.01
D Dominion Energy Inc. Reduce -0.6% 0.17% −0.01
MMM 3M Co. Reduce -0.5% 0.58% −0.01
QCOM Qualcomm Inc. Reduce -0.4% 0.58% −0.01

Portfolio Buys Q1 2025 → Q2 2025
NVDA Nvidia Corp. Add +0.2% 3.17% +0.90
STX Seagate Technology Holdings Add +5.7% 0.61% +0.25
BAC Bank of America Corp. New 0.17% +0.17
SWKS Skyworks Solutions Inc. Add +6.3% 0.19% +0.03
RTX RTX Corp. Add +0.3% 0.33% +0.02
SIEGY Siemens AG-Spons ADR Add +2.7% 0.17% +0.02
DRI Darden Restaurants Inc. Add +2.0% 0.56% +0.01
FAST Fastenal Co. Add +1.4% 0.21% +0.01
SNN Smith & Nephew PLC -Spon ADR Add +1.5% 0.22% +0.01
SYK Stryker Corp. Add +1.2% 0.23% +0.01
CRM Salesforce Inc. Add +4.8% 0.23% +0.00
WM Waste Management Inc. Add +2.3% 0.25% −0.01
GPC Genuine Parts Co. Add +0.9% 0.62% −0.01
ADBE Adobe Inc. Add +0.7% 0.38% −0.01
PCAR Paccar Inc. Add +1.1% 0.39% −0.02
DHR Danaher Corp. Add +0.6% 0.35% −0.03
SNY Sanofi-ADR Add +1.5% 0.17% −0.03
CLX Clorox Company Add +1.4% 0.15% −0.04
BDX Becton Dickinson and Co. Add +1.7% 0.28% −0.10
COP Conocophillips Add +0.5% 0.64% −0.14
UNH Unitedhealth Group Inc. Add +1.3% 1.55% −1.14

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