Pinnacle West Asset Management, Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Pinnacle West Asset Management, Inc. reported 114 stock positions worth $147.1 million. Its top holding was Apple (AAPL) at 6.3% of the portfolio, followed by Microsoft (MSFT, 5.9%) and Nvidia (NVDA, 3.0%). Compared with Q4 2025, it opened 3 new positions, sold out of 3, added to 13 and reduced 88. The biggest buy was Oneok (OKE, shares +0%) and the biggest sale Microsoft (MSFT, shares −2%).

Most Recent 13F
Q2 2026
Location
CASPER, WY
CIK
0001975730
Portfolio Value
$147.1M (Q1 2026)
SEC Filing
0001975730-26-000004 ↗ filed May 15, 2026

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 Q2 2025 Q3 2025: $154.4M Q3 2025 Q4 2025: $153.9M Q4 2025 Q1 2026: $147.1M $147.1M Q1 2026 Q2 2026: $144.7M Q2 2026

Holdings 114 stocks · $147.1M

AAPL Apple Inc. 6.34% 36,735 $9.3M Reduce -2.0%
MSFT Microsoft Corp. 5.94% 23,620 $8.7M Reduce -1.9%
NVDA Nvidia Corp. 3.02% 25,460 $4.4M Reduce -5.8%
JPM JPMorgan Chase & Co. 2.71% 13,570 $4.0M Reduce -3.8%
LLY Eli Lilly & Co. 2.66% 4,256 $3.9M Reduce -2.9%
WMT Walmart Inc. 2.55% 30,150 $3.7M Reduce -4.7%
AMZN Amazon.com Inc. 2.54% 17,927 $3.7M Reduce -6.0%
WMB Williams Cos Inc. 2.49% 50,294 $3.7M Reduce -5.2%
GOOGL Alphabet Inc. Class A 2.47% 12,635 $3.6M Add +0.2%
JNJ Johnson & Johnson 2.32% 13,955 $3.4M Reduce -4.8%
CAT Caterpillar Inc. 2.24% 4,651 $3.3M Reduce -3.3%
GS Goldman Sachs Group Inc. 2.18% 3,795 $3.2M Reduce -5.0%
XOM Exxon Mobil Corp. 2.18% 18,880 $3.2M Reduce -6.1%
AMGN Amgen Inc. 2.15% 8,980 $3.2M Reduce -5.9%
META Meta Platforms Inc. Class A 2.06% 5,286 $3.0M Reduce -2.8%
KMI Kinder Morgan Inc. 2.05% 89,740 $3.0M Reduce -4.8%
CVX Chevron Corp. 2.00% 14,210 $2.9M Reduce -6.1%
HD Home Depot Inc. 1.86% 8,344 $2.7M Reduce -4.8%
BLK BlackRock Finance Inc. 1.61% 2,457 $2.4M Reduce -4.8%
STX Seagate Technology Holdings 1.57% 5,910 $2.3M Reduce -3.0%
DE Deere & Co. 1.43% 3,728 $2.1M Reduce -4.1%
EPD Enterprise Products Partners 1.42% 55,037 $2.1M Reduce -6.0%
UNH Unitedhealth Group Inc. 1.37% 7,438 $2.0M Reduce -1.6%
COST Costco Wholesale Corp. 1.36% 2,005 $2.0M No change
MCD McDonald's Corp. 1.33% 6,295 $2.0M Reduce -3.6%
OKE Oneok Inc. 1.30% 21,093 $1.9M Add +0.2%
CSCO Cisco Systems Inc. 1.29% 24,475 $1.9M Reduce -7.3%
UNP Union Pacific Corp. 1.23% 7,430 $1.8M Reduce -1.6%
ORCL Oracle Corp. 1.05% 10,485 $1.5M Reduce -1.4%
V Visa Inc. Class A 1.04% 5,070 $1.5M Reduce -3.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.98% 5,940 $1.4M Reduce -3.0%
TXN Texas Instruments Inc. 0.95% 7,225 $1.4M Reduce -1.5%
BX Blackstone Inc. 0.90% 11,543 $1.3M Reduce -3.9%
COP Conocophillips 0.90% 10,025 $1.3M Reduce -4.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.88% 13,460 $1.3M Reduce -4.3%
BRK.B Berkshire Hathaway Inc. Class B 0.85% 2,615 $1.3M Reduce -3.5%
MRK Merck & Co. Inc. 0.77% 9,470 $1.1M Reduce -2.8%
GOOG Alphabet Inc. Class C 0.75% 3,870 $1.1M Reduce -17.1%
INTC Intel Corp. 0.74% 24,779 $1.1M Reduce -11.7%
NSC Norfolk Southern Corp. 0.74% 3,790 $1.1M Reduce -3.8%
VZ Verizon Communications Inc. 0.73% 21,510 $1.1M Reduce -3.8%
ADP Automatic Data Processing 0.69% 4,990 $1.0M Reduce -3.6%
T AT&T Inc. 0.63% 32,039 $929K Reduce -2.3%
BA The Boeing Co. 0.63% 4,640 $923K Reduce -0.5%
PEP Pepsico Inc. 0.62% 5,870 $912K Reduce -1.7%
PG The Procter & Gamble Co. 0.61% 6,185 $893K Reduce -3.5%
BMY Bristol-Myers Squibb Co. 0.59% 14,400 $873K Add +0.3%
UPS United Parcel Service Class B 0.58% 8,635 $850K Add +0.3%
KO The Coca-Cola Co. 0.57% 11,040 $840K Reduce -1.3%
ABT Abbott Laboratories 0.56% 8,050 $826K Reduce -1.4%
AFL Aflac Inc. 0.56% 7,450 $817K Reduce -2.9%
LMT Lockheed Martin Corp. 0.52% 1,278 $772K Reduce -4.5%
GPC Genuine Parts Co. 0.52% 7,175 $759K Reduce -2.0%
NEE Nextera Energy Inc. 0.51% 8,095 $752K Reduce -2.2%
MMM 3M Co. 0.50% 5,090 $739K Reduce -7.7%
DRI Darden Restaurants Inc. 0.50% 3,737 $733K Reduce -1.9%
LOW Lowe's Cos Inc. 0.50% 3,100 $732K No change
ITW Illinois Tool Works 0.49% 2,795 $728K Reduce -2.8%
MDT Medtronic PLC 0.47% 7,955 $689K Reduce -1.2%
CL Colgate-Palmolive Co. 0.46% 7,935 $676K Reduce -1.2%
PCAR Paccar Inc. 0.46% 5,820 $672K Reduce -0.8%
SBUX Starbucks Corp. 0.45% 7,410 $664K Reduce -3.4%
BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED 0.45% 9,100 $662K Reduce -2.9%
QCOM Qualcomm Inc. 0.45% 5,085 $655K Reduce -2.4%
RY Royal Bank of Canada 0.44% 4,000 $647K No change
NVS Novartis AG-Sponsored ADR 0.43% 4,155 $635K Reduce -2.7%
AEP American Electric Power 0.42% 4,665 $611K Reduce -2.3%
RTX RTX Corp. 0.40% 3,065 $591K Reduce -3.2%
DUK Duke Energy Corp. 0.40% 4,495 $589K Reduce -2.4%
INTU Intuit Inc. 0.40% 1,350 $584K Add +0.9%
GD General Dynamics Corp. 0.37% 1,575 $541K Reduce -2.5%
PRU Prudential Financial Inc. 0.37% 5,530 $540K Reduce -1.8%
HII Huntington Ingalls Industrie 0.37% 1,415 $538K Reduce -4.4%
LIN Linde PLC 0.35% 1,034 $513K Reduce -4.3%
PM Philip Morris International 0.34% 3,000 $496K No change
SO The Southern Co. 0.34% 5,125 $495K Reduce -3.5%
DHR Danaher Corp. 0.32% 2,455 $465K Reduce -3.0%
PFE Pfizer Inc. 0.31% 16,158 $454K Reduce -0.1%
MDLZ Mondelez International Inc. Class A 0.31% 7,845 $452K Reduce -1.6%
ABBV Abbvie Inc. 0.30% 2,000 $435K No change
FAST Fastenal Co. 0.28% 8,760 $406K Add +9.2%
HSY The Hershey Co. 0.28% 1,950 $405K Reduce -4.2%
BDX Becton Dickinson and Co. 0.27% 2,545 $400K No change
TGT Target Corp. 0.25% 3,000 $364K No change
WM Waste Management Inc. 0.24% 1,550 $356K Reduce -1.9%
SNN Smith & Nephew PLC -Spon ADR 0.24% 11,090 $352K Reduce -3.3%
IP International Paper Co. 0.24% 9,700 $346K Reduce -4.5%
CTVA Corteva Inc. 0.23% 4,125 $345K Reduce -1.8%
BKH Black Hills Corp. 0.23% 4,950 $344K Reduce -3.5%
ADBE Adobe Inc. 0.23% 1,401 $341K Add +1.7%
ATO Atmos Energy Corp. 0.23% 1,845 $341K Reduce -7.0%
DELL Dell Technologies -C 0.23% 2,075 $341K Add +16.9%
ED Consolidated Edison Inc. 0.23% 2,940 $333K Reduce -3.6%
SYK Stryker Corp. 0.23% 1,010 $332K Reduce -2.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.21% 6,465 $315K Add +14.9%
WAFD Wafd Inc. 0.21% 10,000 $314K No change
SNY Sanofi-ADR 0.21% 6,350 $306K Add +2.8%
AXP American Express Co. 0.21% 1,000 $302K No change
WEC WEC Energy Group Inc. 0.20% 2,520 $292K Reduce -2.3%
OGE Oge Energy Corp. 0.20% 6,065 $291K Reduce -2.6%
NSRGY Nestle SA-Spons ADR 0.20% 2,920 $289K Reduce -1.7%
ADM Archer-Daniels-Midland Co. 0.18% 3,605 $262K Reduce -2.0%
WY Weyerhaeuser Co. 0.18% 10,565 $258K Reduce -3.9%
D Dominion Energy Inc. 0.17% 4,100 $253K Reduce -1.1%
CHRW C.H. Robinson Worldwide Inc. 0.17% 1,500 $249K No change
SRE Sempra 0.17% 2,535 $246K Reduce -2.3%
DEO Diageo PLC-Sponsored ADR 0.17% 3,270 $243K Add +0.5%
AWK American Water Works Co. Inc. 0.16% 1,740 $237K Add +6.4%
SIEGY Siemens AG-Spons ADR 0.16% 1,930 $235K Reduce -1.0%
PSX Phillips 66 0.15% 1,250 $228K New
NTR Nutrien Ltd. 0.15% 2,990 $226K New
CRM Salesforce Inc. 0.15% 1,160 $217K Reduce -2.1%
CLX Clorox Company 0.14% 2,025 $210K New
SWKS Skyworks Solutions Inc. 0.14% 3,835 $205K Add +2.0%

Portfolio Sells Q4 2025 → Q1 2026

MSFT Microsoft Corp. Reduce -1.9% 5.94% −1.62
HON Honeywell International Inc. Sold out 0.00% −0.59
LLY Eli Lilly & Co. Reduce -2.9% 2.66% −0.40
AMZN Amazon.com Inc. Reduce -6.0% 2.54% −0.32
BX Blackstone Inc. Reduce -3.9% 0.90% −0.30
ORCL Oracle Corp. Reduce -1.4% 1.05% −0.30
AAPL Apple Inc. Reduce -2.0% 6.34% −0.29
META Meta Platforms Inc. Class A Reduce -2.8% 2.06% −0.28
NVDA Nvidia Corp. Reduce -5.8% 3.02% −0.26
UNH Unitedhealth Group Inc. Reduce -1.6% 1.37% −0.25
JPM JPMorgan Chase & Co. Reduce -3.8% 2.71% −0.24
IBM Intl Business Machines Corp. Reduce -3.0% 0.98% −0.20
GOOG Alphabet Inc. Class C Reduce -17.1% 0.75% −0.20
BLK BlackRock Finance Inc. Reduce -4.8% 1.61% −0.19
ADP Automatic Data Processing Reduce -3.6% 0.69% −0.18
DIS The Walt Disney Co. Reduce -4.3% 0.88% −0.16
V Visa Inc. Class A Reduce -3.6% 1.04% −0.16
CHKP Check Point Software Tech Sold out 0.00% −0.16
GIS General Mills Inc. Sold out 0.00% −0.14
QCOM Qualcomm Inc. Reduce -2.4% 0.45% −0.13
ABT Abbott Laboratories Reduce -1.4% 0.56% −0.10
GS Goldman Sachs Group Inc. Reduce -5.0% 2.18% −0.10
HD Home Depot Inc. Reduce -4.8% 1.86% −0.09
MMM 3M Co. Reduce -7.7% 0.50% −0.07
GPC Genuine Parts Co. Reduce -2.0% 0.52% −0.07
DHR Danaher Corp. Reduce -3.0% 0.32% −0.06
CRM Salesforce Inc. Reduce -2.1% 0.15% −0.06
PRU Prudential Financial Inc. Reduce -1.8% 0.37% −0.05
MDT Medtronic PLC Reduce -1.2% 0.47% −0.03
BRK.B Berkshire Hathaway Inc. Class B Reduce -3.5% 0.85% −0.03
BA The Boeing Co. Reduce -0.5% 0.63% −0.03
CSCO Cisco Systems Inc. Reduce -7.3% 1.29% −0.03
IP International Paper Co. Reduce -4.5% 0.24% −0.02
SIEGY Siemens AG-Spons ADR Reduce -1.0% 0.16% −0.02
SYK Stryker Corp. Reduce -2.4% 0.23% −0.01
SNN Smith & Nephew PLC -Spon ADR Reduce -3.3% 0.24% −0.01
NSC Norfolk Southern Corp. Reduce -3.8% 0.74% +0.00
BKH Black Hills Corp. Reduce -3.5% 0.23% +0.00
AFL Aflac Inc. Reduce -2.9% 0.56% +0.01
NSRGY Nestle SA-Spons ADR Reduce -1.7% 0.20% +0.01
WY Weyerhaeuser Co. Reduce -3.9% 0.18% +0.01
PG The Procter & Gamble Co. Reduce -3.5% 0.61% +0.01
D Dominion Energy Inc. Reduce -1.1% 0.17% +0.01
GD General Dynamics Corp. Reduce -2.5% 0.37% +0.01
ATO Atmos Energy Corp. Reduce -7.0% 0.23% +0.02
WM Waste Management Inc. Reduce -1.9% 0.24% +0.02
SRE Sempra Reduce -2.3% 0.17% +0.02
WEC WEC Energy Group Inc. Reduce -2.3% 0.20% +0.02
RTX RTX Corp. Reduce -3.2% 0.40% +0.02
OGE Oge Energy Corp. Reduce -2.6% 0.20% +0.03

Portfolio Buys Q4 2025 → Q1 2026

OKE Oneok Inc. Add +0.2% 1.30% +0.29
PSX Phillips 66 New 0.15% +0.15
NTR Nutrien Ltd. New 0.15% +0.15
CLX Clorox Company New 0.14% +0.14
BMY Bristol-Myers Squibb Co. Add +0.3% 0.59% +0.09
DELL Dell Technologies -C Add +16.9% 0.23% +0.09
FAST Fastenal Co. Add +9.2% 0.28% +0.07
UPS United Parcel Service Class B Add +0.3% 0.58% +0.02
AWK American Water Works Co. Inc. Add +6.4% 0.16% +0.02
SNY Sanofi-ADR Add +2.8% 0.21% +0.01
BAC Bank of America Corp. Add +14.9% 0.21% +0.01
SWKS Skyworks Solutions Inc. Add +2.0% 0.14% −0.02
DEO Diageo PLC-Sponsored ADR Add +0.5% 0.17% −0.02
ADBE Adobe Inc. Add +1.7% 0.23% −0.08
GOOGL Alphabet Inc. Class A Add +0.2% 2.47% −0.09
INTU Intuit Inc. Add +0.9% 0.40% −0.18

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