Sawgrass Asset Management LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Sawgrass Asset Management LLC reported 176 stock positions worth $815.5 million. Its top holding was Microsoft (MSFT) at 5.9% of the portfolio, followed by Apple (AAPL, 5.6%) and Alphabet Class A (GOOGL, 4.9%). Compared with Q4 2024, it opened 16 new positions, sold out of 11, added to 13 and reduced 118. The biggest buy was a new position in Lululemon Athletica (LULU) and the biggest sale Comcast Class A (CMCSA, shares −95%).

Most Recent 13F
Q2 2026
Location
PONTE VEDRA BEACH, FL
CIK
0001105467
Portfolio Value
$815.5M (Q1 2025)
SEC Filing
0001105467-25-000003 ↗ filed Apr 22, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $914.2M Q1 2024 Q2 2024: $922.7M Q2 2024 Q3 2024: $961.3M Q3 2024 Q4 2024: $911.0M Q4 2024 Q1 2025: $815.5M $815.5M Q1 2025 Q2 2025: $879.6M Q2 2025 Q3 2025: $809.7M Q3 2025 Q4 2025: $800.0M Q4 2025 Q1 2026: $664.2M Q1 2026 Q2 2026: $757.3M Q2 2026

Holdings 176 stocks · $815.5M
MSFT Microsoft Corp. 5.94% 129,081 $48.5M Reduce -5.1%
AAPL Apple Inc. 5.59% 205,312 $45.6M Reduce -5.9%
GOOGL Alphabet Inc. Class A 4.91% 258,923 $40.0M Add +12.7%
AMZN Amazon.com Inc. 3.62% 155,228 $29.5M Reduce -12.6%
NVDA Nvidia Corp. 3.39% 255,306 $27.7M Reduce -3.0%
SCHX Schwab US Large-Cap ETF 3.06% 1,129,988 $25.0M Reduce -4.0%
AVGO Broadcom Inc. 2.94% 142,994 $23.9M Reduce -4.0%
MCD McDonald's Corp. 1.96% 51,184 $16.0M Reduce -4.0%
ADBE Adobe Inc. 1.91% 40,613 $15.6M Add +36.2%
MA Mastercard Inc. Class A 1.90% 28,227 $15.5M Reduce -3.5%
AZO AutoZone Inc. 1.82% 3,897 $14.9M Reduce -4.4%
PEP Pepsico Inc. 1.66% 90,308 $13.5M Reduce -3.8%
DHR Danaher Corp. 1.65% 65,643 $13.5M Add +22.2%
ABBV Abbvie Inc. 1.61% 62,596 $13.1M Reduce -4.2%
AMAT Applied Materials Inc. 1.59% 89,529 $13.0M Reduce -3.7%
HD Home Depot Inc. 1.58% 35,232 $12.9M Reduce -4.3%
IQV Iqvia Holdings Inc. 1.58% 72,906 $12.9M Add +44.3%
NOW ServiceNow Inc. 1.55% 15,873 $12.6M Add +1.3%
VONE Vanguard Russell 1000 1.54% 49,437 $12.6M Reduce -1.6%
ABT Abbott Laboratories 1.45% 89,350 $11.9M Reduce -3.4%
META Meta Platforms Inc. Class A 1.42% 20,161 $11.6M Reduce -14.5%
LLY Eli Lilly & Co. 1.42% 14,029 $11.6M Reduce -8.1%
UNH Unitedhealth Group Inc. 1.36% 21,119 $11.1M Reduce -5.0%
JNJ Johnson & Johnson 1.29% 63,265 $10.5M Reduce -42.2%
ZTS Zoetis Inc. 1.26% 62,506 $10.3M Reduce -6.2%
CBOE Cboe Global Markets Inc. 1.25% 45,019 $10.2M Add +39.7%
MRSH Marsh & McLennan Cos 1.20% 40,165 $9.8M Reduce -4.2%
WDAY Workday Inc. Class A 1.20% 41,826 $9.8M Reduce -3.4%
UNP Union Pacific Corp. 1.20% 41,335 $9.8M Reduce -4.6%
AKAM Akamai Technologies Inc. 1.16% 117,974 $9.5M Reduce -31.4%
LULU Lululemon Athletica Inc. 1.13% 32,532 $9.2M New
AME Ametek Inc. 1.09% 51,594 $8.9M Reduce -4.4%
IEFA iShares Core MSCI Eafe ETF 1.08% 115,954 $8.8M Add +10.2%
CSCO Cisco Systems Inc. 1.06% 140,228 $8.7M Reduce -42.1%
ORCL Oracle Corp. 1.04% 60,574 $8.5M Reduce -50.9%
EXEL Exelixis Inc. 1.00% 221,862 $8.2M New
VB Vanguard Most SM-Cap ETF-Usd 1.00% 36,735 $8.1M No change
IWR iShares Russell Mid-Cap ETF 0.99% 94,444 $8.0M No change
SPGI S&P Global Inc. 0.94% 15,084 $7.7M Reduce -22.2%
CPRT Copart Inc. 0.91% 130,586 $7.4M Reduce -4.3%
V Visa Inc. Class A 0.85% 19,792 $6.9M Reduce -60.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.84% 55,930 $6.8M Reduce -39.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.83% 26,208 $6.8M Reduce -0.9%
COST Costco Wholesale Corp. 0.83% 7,133 $6.7M Reduce -29.3%
HEI Heico Corp. 0.82% 24,892 $6.7M Reduce -4.2%
CME Cme Group Inc. 0.80% 24,733 $6.6M Add +2620.9%
TMUS T-Mobile US Inc. 0.80% 24,532 $6.5M New
AMGN Amgen Inc. 0.80% 20,947 $6.5M Reduce -4.3%
ADSK Autodesk Inc. 0.79% 24,609 $6.4M Reduce -4.0%
CDNS Cadence Design SYS Inc. 0.78% 24,962 $6.3M New
WST West Pharmaceutical Services 0.78% 28,293 $6.3M New
MANH Manhattan Associates Inc. 0.76% 35,649 $6.2M New
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.72% 23,000 $5.9M No change
NFLX Netflix Inc. 0.72% 6,263 $5.8M New
RSG Republic Services Inc. 0.69% 23,214 $5.6M Reduce -31.8%
OTIS Otis Worldwide Corp. 0.66% 52,502 $5.4M Reduce -35.5%
JPM JPMorgan Chase & Co. 0.52% 17,216 $4.2M Reduce -6.1%
VEU Vanguard Ftse All-World Ex-U 0.49% 65,946 $4.0M No change
GOOG Alphabet Inc. Class C 0.42% 21,795 $3.4M Reduce -0.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.41% 19,461 $3.4M Reduce -2.8%
QQQ Invesco QQQ Trust Series 1 0.39% 6,721 $3.2M Reduce -17.5%
AFL Aflac Inc. 0.30% 22,275 $2.5M Reduce -3.9%
GS Goldman Sachs Group Inc. 0.29% 4,373 $2.4M Reduce -6.0%
SCHB Schwab US Broad Market ETF 0.29% 110,791 $2.4M Reduce -27.7%
AXP American Express Co. 0.28% 8,373 $2.3M Reduce -11.8%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.27% 9,120 $2.2M No change
HON Honeywell International Inc. 0.27% 10,454 $2.2M Reduce -3.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.26% 3,850 $2.2M Reduce -10.0%
XOM Exxon Mobil Corp. 0.25% 17,071 $2.0M Reduce -3.6%
TMO Thermo Fisher Scientific Inc. 0.24% 3,999 $2.0M Reduce -1.0%
BSCV Invesco Bulletshares 2031 CB 0.21% 105,240 $1.7M Reduce -8.9%
BSCW Invesco Bulletshares 2032 CB 0.21% 82,454 $1.7M Reduce -8.5%
CACI Caci International Inc. Class A 0.20% 4,456 $1.6M Reduce -9.7%
BSCU Invesco Bulletshares 2030 CB 0.19% 94,669 $1.6M Reduce -12.0%
BSCT Invesco Bulletshares 2029 CB 0.19% 84,580 $1.6M Reduce -14.5%
DELL Dell Technologies -C 0.19% 16,693 $1.5M Reduce -3.3%
EFAV iShares MSCI Eafe Min Vol Fa 0.18% 18,814 $1.5M Reduce -10.8%
MPC Marathon Petroleum Corp. 0.17% 9,785 $1.4M Reduce -4.3%
ICE Intercontinental Exchange Inc. 0.17% 8,240 $1.4M Reduce -2.7%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.17% 5,480 $1.4M No change
ROP Roper Technologies Inc. 0.16% 2,267 $1.3M Reduce -18.3%
PG The Procter & Gamble Co. 0.16% 7,804 $1.3M Reduce -1.1%
CVX Chevron Corp. 0.16% 7,928 $1.3M Reduce -3.8%
BSCS Invesco Bulletshares 2028 CB 0.16% 64,661 $1.3M Reduce -18.0%
BRK.B Berkshire Hathaway Inc. Class B 0.16% 2,451 $1.3M Reduce -1.5%
MDT Medtronic PLC 0.16% 14,304 $1.3M Reduce -3.7%
BSCR Invesco Bulletshares 2027 CB 0.16% 64,649 $1.3M Reduce -15.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.15% 12,807 $1.3M Reduce -6.7%
ETN Eaton Corp. PLC 0.15% 4,438 $1.2M Reduce -8.2%
COR Cencora Inc. 0.15% 4,318 $1.2M Reduce -1.8%
TGT Target Corp. 0.15% 11,380 $1.2M Reduce -15.3%
BSCP Invesco Bulletshares 2025 CB 0.14% 54,151 $1.1M Reduce -14.2%
BSCX Invesco Bulletshares 2033 CB 0.14% 53,477 $1.1M Reduce -10.0%
BSCQ Invesco Bulletshares 2026 CB 0.14% 57,078 $1.1M Reduce -14.3%
RTX RTX Corp. 0.14% 8,339 $1.1M Reduce -2.9%
GD General Dynamics Corp. 0.13% 3,812 $1.0M Reduce -6.2%
NKE Nike Inc. Class B 0.13% 16,132 $1.0M Reduce -92.2%
SCHM Schwab US Mid Cap ETF 0.13% 38,914 $1.0M Add +0.5%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.12% 2,860 $987K Reduce -7.8%
CAT Caterpillar Inc. 0.12% 2,917 $962K Reduce -1.2%

Show all 176 holdings

Portfolio Sells Q4 2024 → Q1 2025
CMCSA Comcast Corp. Class A Reduce -94.7% 0.10% −1.66
NKE Nike Inc. Class B Reduce -92.2% 0.13% −1.58
ORCL Oracle Corp. Reduce -50.9% 1.04% −1.22
V Visa Inc. Class A Reduce -60.3% 0.85% −0.88
AVGO Broadcom Inc. Reduce -4.0% 2.94% −0.86
LDOS Leidos Holdings Inc. Sold out 0.00% −0.66
AMZN Amazon.com Inc. Reduce -12.6% 3.62% −0.66
AKAM Akamai Technologies Inc. Reduce -31.4% 1.16% −0.64
CSCO Cisco Systems Inc. Reduce -42.1% 1.06% −0.51
NVDA Nvidia Corp. Reduce -3.0% 3.39% −0.49
JNJ Johnson & Johnson Reduce -42.2% 1.29% −0.45
AAPL Apple Inc. Reduce -5.9% 5.59% −0.40
TJX TJX Companies Inc. Reduce -39.4% 0.84% −0.39
MSFT Microsoft Corp. Reduce -5.1% 5.94% −0.35
COST Costco Wholesale Corp. Reduce -29.3% 0.83% −0.19
OTIS Otis Worldwide Corp. Reduce -35.5% 0.66% −0.16
SPGI S&P Global Inc. Reduce -22.2% 0.94% −0.12
BLK BlackRock Inc. Reduce -62.5% 0.07% −0.11
META Meta Platforms Inc. Class A Reduce -14.5% 1.42% −0.09
SCHB Schwab US Broad Market ETF Reduce -27.7% 0.29% −0.09
QQQ Invesco QQQ Trust Series 1 Reduce -17.5% 0.39% −0.07
AMAT Applied Materials Inc. Reduce -3.7% 1.59% −0.07
RSG Republic Services Inc. Reduce -31.8% 0.69% −0.06
VZ Verizon Communications Inc. Sold out 0.00% −0.06
PYPL PayPal Holdings Inc. Reduce -28.8% 0.09% −0.05
TGT Target Corp. Reduce -15.3% 0.15% −0.05
TROW T Rowe Price Group Inc. Reduce -60.7% 0.03% −0.05
FIX Comfort Systems USA Inc. Sold out 0.00% −0.05
BAC Bank of America Corp. Reduce -44.5% 0.06% −0.04
ADSK Autodesk Inc. Reduce -4.0% 0.79% −0.04
GOOG Alphabet Inc. Class C Reduce -0.6% 0.42% −0.04
SCHA Schwab US Small-Cap ETF Reduce -62.2% 0.03% −0.04
ON On Semiconductor Sold out 0.00% −0.03
AXP American Express Co. Reduce -11.8% 0.28% −0.03
DELL Dell Technologies -C Reduce -3.3% 0.19% −0.03
CBZ Cbiz Inc. Sold out 0.00% −0.03
KKR KKR & Co. Inc. Reduce -12.4% 0.10% −0.03
WDAY Workday Inc. Class A Reduce -3.4% 1.20% −0.03
PRGS Progress Software Corp. Sold out 0.00% −0.03
ETN Eaton Corp. PLC Reduce -8.2% 0.15% −0.03
DOW Dow Inc. Reduce -41.7% 0.03% −0.03
ENSG The Ensign Group Inc. Sold out 0.00% −0.03
WMS Advanced Drainage Systems Inc. Sold out 0.00% −0.03
STRL Sterling Infrastructure Inc. Sold out 0.00% −0.02
SMH Vaneck Semiconductor ETF Reduce -19.1% 0.09% −0.02
KVUE Kenvue Inc. Sold out 0.00% −0.02
MEDP Medpace Holdings Inc. Sold out 0.00% −0.02
MRK Merck & Co. Inc. Reduce -28.4% 0.05% −0.02
CACI Caci International Inc. Class A Reduce -9.7% 0.20% −0.02
IJH iShares Core S&P Midcap ETF Reduce -22.1% 0.07% −0.02

Portfolio Buys Q4 2024 → Q1 2025
LULU Lululemon Athletica Inc. New 1.13% +1.13
EXEL Exelixis Inc. New 1.00% +1.00
TMUS T-Mobile US Inc. New 0.80% +0.80
CME Cme Group Inc. Add +2620.9% 0.80% +0.78
CDNS Cadence Design SYS Inc. New 0.78% +0.78
WST West Pharmaceutical Services New 0.78% +0.78
MANH Manhattan Associates Inc. New 0.76% +0.76
NFLX Netflix Inc. New 0.72% +0.72
CBOE Cboe Global Markets Inc. Add +39.7% 1.25% +0.56
IQV Iqvia Holdings Inc. Add +44.3% 1.58% +0.49
ADBE Adobe Inc. Add +36.2% 1.91% +0.45
DHR Danaher Corp. Add +22.2% 1.65% +0.30
IEFA iShares Core MSCI Eafe ETF Add +10.2% 1.08% +0.26
GOOGL Alphabet Inc. Class A Add +12.7% 4.91% +0.13
WFC Wells Fargo & Co. New 0.06% +0.06
DHI D.R. Horton Inc. Add +64.1% 0.11% +0.05
MCK McKesson Corp. New 0.04% +0.04
ECL Ecolab Inc. New 0.04% +0.04
CRM Salesforce Inc. New 0.03% +0.03
ROST Ross Stores Inc. New 0.03% +0.03
VHT Vanguard Health Care ETF New 0.02% +0.02
USFR Wisdomtree Floating Rate Tre New 0.02% +0.02
BSCY Invesco Bulletshares 2034 CB Add +34.5% 0.04% +0.01
SCHD Schwab US DVD Equity ETF Add +1.4% 0.09% +0.01
SCHM Schwab US Mid Cap ETF Add +0.5% 0.13% +0.01
KOS Kosmos Energy Ltd. New 0.00% +0.00
REI Ring Energy Inc. New 0.00% +0.00
LUMN Lumen Technologies Inc. Add +1.5% 0.01% −0.00
NOW ServiceNow Inc. Add +1.3% 1.55% −0.27

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 193$757.3MAAPL, NVDA, MSFT, GOOGL, AMZN
Q1 2026 193$664.2MAAPL, MSFT, NVDA, GOOGL, AMZN
Q4 2025 187$800.0MMSFT, AAPL, NVDA, AMZN, GOOGL
Q3 2025 179$809.7MMSFT, AAPL, NVDA, AVGO, AMZN
Q2 2025 181$879.6MMSFT, AMZN, NVDA, AVGO, AAPL
Q1 2025 176$815.5MMSFT, AAPL, GOOGL, AMZN, NVDA
Q4 2024 171$911.0MMSFT, AAPL, GOOGL, AMZN, NVDA
Q3 2024 180$961.3MMSFT, AAPL, AMZN, GOOGL, NVDA
Q2 2024 178$922.7MMSFT, AAPL, GOOGL, AMZN, SCHX
Q1 2024 188$914.2MMSFT, AAPL, AMZN, GOOGL, SCHX