Reflection Asset Management

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed August 26, 2026), Reflection Asset Management reported 127 stock positions worth $163.5 million. Its top holding was Apple (AAPL) at 8.7% of the portfolio, followed by Nvidia (NVDA, 7.3%) and Microsoft (MSFT, 4.5%). Compared with Q4 2025, it opened 4 new positions, sold out of 377, added to 92 and reduced 22. The biggest buy was Apple (AAPL, shares +96%) and the biggest sale Meta Platforms Class A (META, shares −1%).

Most Recent 13F
Q1 2026
Location
ISLE OF PALMS, SC
CIK
0002108398
Portfolio Value
$163.5M (Q1 2026)
SEC Filing
0002108398-26-000004 ↗ filed Aug 26, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2025: $140.7M Q4 2025 Q1 2026: $163.5M $163.5M Q1 2026

Holdings 127 stocks · $163.5M
AAPL Apple Inc. 8.71% 54,029 $14.2M Add +95.8%
NVDA Nvidia Corp. 7.27% 65,592 $11.9M Add +53.5%
MSFT Microsoft Corp. 4.54% 19,656 $7.4M Add +35.5%
GOOG Alphabet Inc. Class C 3.71% 18,026 $6.1M Add +130.3%
QQQ Invesco QQQ Trust Series 1 3.65% 8,895 $6.0M Add +5.0%
IVV iShares Core S&P 500 ETF 3.36% 7,626 $5.5M Add +13.1%
AMZN Amazon.com Inc. 3.17% 22,294 $5.2M Add +80.7%
META Meta Platforms Inc. Class A 2.21% 6,289 $3.6M Reduce -1.4%
COST Costco Wholesale Corp. 1.96% 3,217 $3.2M Add +34.9%
GOOGL Alphabet Inc. Class A 1.89% 10,549 $3.1M Add +11.4%
LRCX Lam Research Corp. 1.64% 12,541 $2.7M Reduce -12.3%
KLAC KLA Corp. 1.60% 1,771 $2.6M Add +4.0%
PRIV SS Ig Publ Priv Cred ETF-Usd 1.56% 102,241 $2.6M Reduce -1.9%
L Loews Corp. 1.53% 23,460 $2.5M Add +33.5%
AMAT Applied Materials Inc. 1.45% 6,195 $2.4M Add +483.9%
DELL Dell Technologies -C 1.44% 11,396 $2.4M Add +2006.5%
APH Amphenol Corp. Class A 1.44% 18,616 $2.4M Add +27.9%
NDSN Nordson Corp. 1.34% 8,215 $2.2M Add +35.3%
C Citigroup Inc. 1.28% 16,955 $2.1M Add +607.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.25% 2,850 $2.0M Add +66.4%
XYL Xylem Inc. 1.19% 16,319 $2.0M Add +38.5%
VOO Vanguard S&P 500 ETF 1.19% 2,953 $1.9M Add +13961.9%
AVGO Broadcom Inc. 1.13% 5,982 $1.9M Add +8.5%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 1.09% 16,528 $1.8M Add +24.5%
AVY Avery Dennison Corp. 1.06% 10,011 $1.7M Add +74.3%
ALLW State Street Brgwtr All WTHR 1.02% 55,967 $1.7M Add +9.9%
MU Micron Technology Inc. 0.99% 3,380 $1.6M Add +152.6%
AMD Advanced Micro Devices 0.98% 7,789 $1.6M Add +0.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.92% 15,540 $1.5M Reduce -11.5%
IEFA iShares Core MSCI Eafe ETF 0.90% 15,653 $1.5M Reduce -1.1%
TSLA Tesla Inc. 0.88% 3,857 $1.4M Add +19.0%
FOCT FT Vest U.S. Equity Buffer E 0.87% 27,826 $1.4M No change
QTUM Defiance Quantum ETF 0.84% 10,168 $1.4M New
ADP Automatic Data Processing 0.84% 6,739 $1.4M Add +10.0%
LLY Eli Lilly & Co. 0.83% 1,476 $1.4M Add +42.6%
SYK Stryker Corp. 0.83% 4,117 $1.4M Add +7.2%
DHR Danaher Corp. 0.78% 6,717 $1.3M Add +10.9%
JPM JPMorgan Chase & Co. 0.78% 4,285 $1.3M Add +30.4%
EG Everest Group Ltd. 0.77% 3,865 $1.3M Add +8.5%
KIM Kimco Realty Corp. 0.74% 54,107 $1.2M Reduce -7.3%
NFLX Netflix Inc. 0.74% 12,532 $1.2M Add +4.0%
ANET Arista Networks Inc. 0.71% 9,448 $1.2M Reduce -3.7%
VLTO Veralto Corp. 0.67% 12,443 $1.1M Add +84.1%
OMC Omnicom Group 0.67% 14,429 $1.1M Add +75.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.66% 4,473 $1.1M Reduce -3.4%
ROST Ross Stores Inc. 0.66% 4,952 $1.1M Reduce -18.5%
QCOM Qualcomm Inc. 0.65% 6,651 $1.1M Add +313.9%
CRM Salesforce Inc. 0.63% 5,514 $1.0M Add +5.1%
JNJ Johnson & Johnson 0.59% 3,936 $962K Add +4.3%
MCO Moody's Corp. 0.57% 2,145 $936K Reduce -37.6%
AMT American Tower Corp. 0.56% 5,283 $912K Add +52.2%
EFA iShares MSCI Eafe ETF 0.53% 8,653 $871K Add +65.0%
KMB Kimberly-Clark Corp. 0.53% 8,982 $866K Add +208.3%
PAYX Paychex Inc. 0.53% 9,406 $866K Reduce -1.3%
RL Ralph Lauren Corp. 0.51% 2,413 $830K Reduce -15.8%
DEMZ Democratic Large Cap Core 0.48% 18,025 $784K New
V Visa Inc. Class A 0.46% 2,487 $752K Add +20.5%
EA Electronic Arts Inc. 0.44% 3,568 $727K Add +136.3%
TPR Tapestry Inc. 0.44% 5,097 $719K Reduce -6.4%
BURL Burlington Stores Inc. 0.44% 2,310 $712K Add +1874.4%
MA Mastercard Inc. Class A 0.40% 1,301 $650K Add +27.4%
SNPS Synopsys Inc. 0.38% 1,576 $625K Reduce -8.7%
A Agilent Technologies Inc. 0.38% 5,425 $618K Add +31.7%
NOW ServiceNow Inc. 0.36% 5,739 $592K Reduce -31.9%
CSCO Cisco Systems Inc. 0.36% 7,095 $590K Add +59.0%
IEMG iShares Core MSCI Emerging 0.35% 7,361 $578K Reduce -1.9%
ULTA Ulta Beauty Inc. 0.35% 1,098 $574K Add +18.3%
ADBE Adobe Inc. 0.34% 2,285 $556K Add +11.0%
HSIC Henry Schein Inc. filed as SCHEIN HENRY INC 0.34% 7,515 $554K Add +10.0%
ABBV Abbvie Inc. 0.34% 2,519 $548K Add +24.9%
IVOO Vanguard S&P Mid-Cap 400 ETF 0.34% 4,475 $548K Add +0.1%
HD Home Depot Inc. 0.32% 1,603 $526K Add +25.7%
EEM iShares MSCI Emerging Market 0.32% 8,160 $523K Add +21.4%
CDNS Cadence Design SYS Inc. 0.32% 1,866 $519K Reduce -11.6%
PG The Procter & Gamble Co. 0.31% 3,528 $510K Add +33.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.31% 10,385 $508K Reduce -11.3%
IJH iShares Core S&P Midcap ETF 0.30% 6,717 $486K Add +295.4%
MRK Merck & Co. Inc. 0.29% 3,952 $474K Add +3.6%
KO The Coca-Cola Co. 0.28% 6,116 $466K Add +19.0%
UNH Unitedhealth Group Inc. 0.28% 1,662 $458K Add +59.8%
MSCI MSCI Inc. 0.28% 843 $454K Reduce -33.7%
CDW CDW Corp. 0.27% 3,631 $439K Reduce -4.6%
INTC Intel Corp. 0.27% 7,844 $439K Add +56.1%
LIN Linde PLC 0.27% 875 $434K Add +48.8%
VZ Verizon Communications Inc. 0.26% 8,659 $429K Add +96.3%
QQQM Invesco Nasdaq 100 ETF 0.26% 1,539 $425K New
GS Goldman Sachs Group Inc. 0.26% 493 $420K Add +11.5%
ORCL Oracle Corp. 0.25% 2,627 $401K Add +40.3%
MCD McDonald's Corp. 0.24% 1,250 $388K Add +42.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.24% 2,437 $385K Add +109.2%
IYW iShares Ustechnology ETF 0.23% 1,676 $369K No change
ADSK Autodesk Inc. 0.22% 1,486 $356K Reduce -28.3%
MS Morgan Stanley 0.21% 2,070 $344K Add +7.9%
IJR iShares Core S&P Small-Cap E 0.21% 2,481 $338K Add +124.7%
VB Vanguard Most SM-Cap ETF-Usd 0.20% 1,165 $330K Add +0.2%
AXP American Express Co. 0.20% 1,056 $320K Add +5.2%
IYY iShares Dow Jones U.S. ETF 0.19% 1,780 $311K Reduce -3.5%
WFC Wells Fargo & Co. 0.19% 3,866 $308K Add +2.8%
AMGN Amgen Inc. 0.18% 859 $301K Add +32.6%
APO Apollo Global Management Inc. 0.18% 2,415 $297K Add +161.1%
T AT&T Inc. 0.18% 10,098 $288K Add +34.3%
TXN Texas Instruments Inc. 0.17% 1,420 $285K Add +8.1%
IXUS iShares Core Intl Stock ETF 0.17% 3,023 $279K No change
AKAM Akamai Technologies Inc. 0.17% 2,600 $276K No change
PEP Pepsico Inc. 0.17% 1,746 $271K Add +10.6%
INTU Intuit Inc. 0.17% 636 $270K Add +52.9%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.16% 3,232 $258K Add +52.2%
VXUS Vanguard Total Intl Stock 0.16% 3,091 $254K No change
ISRG Intuitive Surgical Inc. 0.15% 523 $241K No change
AGG iShares Core U.S. Aggregate 0.15% 2,433 $240K No change
BLK BlackRock Inc. 0.15% 248 $239K No change
ABT Abbott Laboratories 0.14% 2,291 $235K Add +26.6%
DE Deere & Co. 0.14% 405 $229K Add +24.6%
SPGI S&P Global Inc. 0.14% 534 $227K Add +21.1%
TMO Thermo Fisher Scientific Inc. 0.14% 460 $226K No change
JCI Johnson Controls Internation 0.14% 1,648 $225K Add +78.5%
RY Royal Bank of Canada 0.14% 1,243 $221K Add +196.7%
UNP Union Pacific Corp. 0.13% 880 $215K Add +7.2%
CB Chubb Ltd. 0.13% 655 $213K Add +69.3%
ACN Accenture PLC Class A 0.13% 1,078 $209K Add +29.9%
CME Cme Group Inc. 0.13% 703 $208K Add +101.4%
GILD Gilead Sciences Inc. 0.13% 1,488 $207K Add +7.4%
ECL Ecolab Inc. 0.13% 792 $206K Add +144.4%
LITE Lumentum Holdings Inc. 0.13% 225 $205K Add +38.0%
NTRS Northern Trust Corp. 0.12% 1,264 $201K Add +583.2%
CAN Canaan Inc. 0.01% 39,571 $22K New
WIT Wipro Ltd.-ADR 0.01% 10,855 $22K Add +30.5%

Portfolio Sells Q4 2025 → Q1 2026
META Meta Platforms Inc. Class A Reduce -1.4% 2.21% −0.79
MCO Moody's Corp. Reduce -37.6% 0.57% −0.68
NOW ServiceNow Inc. Reduce -31.9% 0.36% −0.55
DIS The Walt Disney Co. Reduce -11.5% 0.92% −0.50
Q Qnity Electronics Inc. Sold out 0.00% −0.34
PRIV SS Ig Publ Priv Cred ETF-Usd Reduce -1.9% 1.56% −0.32
IBM Intl Business Machines Corp. Reduce -3.4% 0.66% −0.31
MSCI MSCI Inc. Reduce -33.7% 0.28% −0.24
PAYX Paychex Inc. Reduce -1.3% 0.53% −0.23
ADSK Autodesk Inc. Reduce -28.3% 0.22% −0.22
RL Ralph Lauren Corp. Reduce -15.8% 0.51% −0.21
ANET Arista Networks Inc. Reduce -3.7% 0.71% −0.20
SNPS Synopsys Inc. Reduce -8.7% 0.38% −0.19
COF Capital One Financial Corp. Sold out 0.00% −0.18
BKNG Booking Holdings Inc. Sold out 0.00% −0.18
ADI Analog Devices Inc. Sold out 0.00% −0.17
CDNS Cadence Design SYS Inc. Reduce -11.6% 0.32% −0.15
SCHW Schwab (charles) Corp. Sold out 0.00% −0.15
UBER Uber Technologies Inc. Sold out 0.00% −0.14
IWF iShares Russell 1000 Growth Sold out 0.00% −0.14
APP AppLovin Corp. Class A Sold out 0.00% −0.14
PANW Palo Alto Networks Inc. Sold out 0.00% −0.12
IEFA iShares Core MSCI Eafe ETF Reduce -1.1% 0.90% −0.12
LOW Lowe's Cos Inc. Sold out 0.00% −0.12
ROST Ross Stores Inc. Reduce -18.5% 0.66% −0.12
BSX Boston Scientific Corp. Sold out 0.00% −0.12
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.11
WELL Welltower Inc. Sold out 0.00% −0.11
VUG Vanguard Mrngstar GR ETF-Sui Sold out 0.00% −0.11
PFE Pfizer Inc. Sold out 0.00% −0.11
LRCX Lam Research Corp. Reduce -12.3% 1.64% −0.10
CDW CDW Corp. Reduce -4.6% 0.27% −0.10
PGR Progressive Corp. Sold out 0.00% −0.10
TT Trane Technologies PLC Sold out 0.00% −0.10
KIM Kimco Realty Corp. Reduce -7.3% 0.74% −0.10
VTV Vanguard Mrngstr Val ETF-Aui Sold out 0.00% −0.10
WMT Walmart Inc. Sold out 0.00% −0.10
VRTX Vertex Pharmaceuticals Inc. Sold out 0.00% −0.09
TEL Te Connectivity PLC Sold out 0.00% −0.09
MDT Medtronic PLC Sold out 0.00% −0.09
PLD Prologis Inc. Sold out 0.00% −0.09
MCK McKesson Corp. Sold out 0.00% −0.09
SLB SLB Ltd. Sold out 0.00% −0.09
EMR Emerson Electric Co. Sold out 0.00% −0.08
CMI Cummins Inc. Sold out 0.00% −0.08
CMCSA Comcast Corp. Class A Sold out 0.00% −0.08
PNC PNC Financial Services Group Sold out 0.00% −0.08
MMM 3M Co. Sold out 0.00% −0.08
HCA HCA Healthcare Inc. Sold out 0.00% −0.08
TMUS T-Mobile US Inc. Sold out 0.00% −0.08

Portfolio Buys Q4 2025 → Q1 2026
AAPL Apple Inc. Add +95.8% 8.71% +3.38
GOOG Alphabet Inc. Class C Add +130.3% 3.71% +1.97
NVDA Nvidia Corp. Add +53.5% 7.27% +1.60
DELL Dell Technologies -C Add +2006.5% 1.44% +1.39
AMAT Applied Materials Inc. Add +483.9% 1.45% +1.25
VOO Vanguard S&P 500 ETF Add +13961.9% 1.19% +1.18
AMZN Amazon.com Inc. Add +80.7% 3.17% +1.14
C Citigroup Inc. Add +607.0% 1.28% +1.08
QTUM Defiance Quantum ETF New 0.84% +0.84
MU Micron Technology Inc. Add +152.6% 0.99% +0.71
COST Costco Wholesale Corp. Add +34.9% 1.96% +0.50
DEMZ Democratic Large Cap Core New 0.48% +0.48
QCOM Qualcomm Inc. Add +313.9% 0.65% +0.45
SPY SS SPDR S&P 500 ETF Trust-US Add +66.4% 1.25% +0.41
BURL Burlington Stores Inc. Add +1874.4% 0.44% +0.41
KMB Kimberly-Clark Corp. Add +208.3% 0.53% +0.32
AVY Avery Dennison Corp. Add +74.3% 1.06% +0.31
NDSN Nordson Corp. Add +35.3% 1.34% +0.30
QQQM Invesco Nasdaq 100 ETF New 0.26% +0.26
EA Electronic Arts Inc. Add +136.3% 0.44% +0.23
L Loews Corp. Add +33.5% 1.53% +0.22
IJH iShares Core S&P Midcap ETF Add +295.4% 0.30% +0.22
OMC Omnicom Group Add +75.0% 0.67% +0.20
VLTO Veralto Corp. Add +84.1% 0.67% +0.19
EFA iShares MSCI Eafe ETF Add +65.0% 0.53% +0.17
INTC Intel Corp. Add +56.1% 0.27% +0.14
VZ Verizon Communications Inc. Add +96.3% 0.26% +0.13
AMT American Tower Corp. Add +52.2% 0.56% +0.12
KLAC KLA Corp. Add +4.0% 1.60% +0.12
CSCO Cisco Systems Inc. Add +59.0% 0.36% +0.12
IJR iShares Core S&P Small-Cap E Add +124.7% 0.21% +0.11
TJX TJX Companies Inc. Add +109.2% 0.24% +0.11
NTRS Northern Trust Corp. Add +583.2% 0.12% +0.10
LIN Linde PLC Add +48.8% 0.27% +0.09
APO Apollo Global Management Inc. Add +161.1% 0.18% +0.09
RY Royal Bank of Canada Add +196.7% 0.14% +0.08
LITE Lumentum Holdings Inc. Add +38.0% 0.13% +0.08
ECL Ecolab Inc. Add +144.4% 0.13% +0.07
CME Cme Group Inc. Add +101.4% 0.13% +0.06
JCI Johnson Controls Internation Add +78.5% 0.14% +0.06
XYL Xylem Inc. Add +38.5% 1.19% +0.05
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +24.5% 1.09% +0.05
EEM iShares MSCI Emerging Market Add +21.4% 0.32% +0.05
IVV iShares Core S&P 500 ETF Add +13.1% 3.36% +0.05
MCD McDonald's Corp. Add +42.0% 0.24% +0.05
CB Chubb Ltd. Add +69.3% 0.13% +0.04
LLY Eli Lilly & Co. Add +42.6% 0.83% +0.04
T AT&T Inc. Add +34.3% 0.18% +0.04
APH Amphenol Corp. Class A Add +27.9% 1.44% +0.04
PG The Procter & Gamble Co. Add +33.0% 0.31% +0.04

Notes & Other Activity Q4 2025 → Q1 2026
MO Altria Group Inc. COM Sold out 0 $1before exit
AEP American Electric Power COM Sold out 0 $1before exit
DUK Duke Energy Corp. COM NEW Sold out 0 $1before exit
ETN Eaton Corp. PLC SHS Sold out 0 $1before exit
DOW Dow Inc. COM Sold out 0 $0before exit
POOL Pool Corp. COM Sold out 0 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2026 127$163.5MAAPL, NVDA, MSFT, GOOG, QQQ
Q4 2025 500$140.7MNVDA, AAPL, MSFT, QQQ, IVV