Selway Asset Management

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Selway Asset Management reported 77 stock positions worth $254.5 million. Its top holding was Apple (AAPL) at 11.5% of the portfolio, followed by iShares 0-1 Year Treasury Bo (SHV, 7.5%) and Microsoft (MSFT, 6.1%). Compared with Q3 2024, it opened 7 new positions, sold out of 4, added to 24 and reduced 19. The biggest buy was Alphabet Class A (GOOGL, shares +0%) and the biggest sale an exit from Vista Outdoor (VSTO).

Most Recent 13F
Q1 2025
Location
BOISE, ID
CIK
0001080523
Portfolio Value
$254.5M (Q4 2024)
SEC Filing
0001080523-25-000004 ↗ filed Feb 13, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $249.5M Q1 2024 Q2 2024: $244.9M Q2 2024 Q3 2024: $255.8M Q3 2024 Q4 2024: $254.5M $254.5M Q4 2024 Q1 2025: $242.4M Q1 2025

Holdings 77 stocks · $254.5M
AAPL Apple Inc. 11.48% 116,666 $29.2M Reduce -5.0%
SHV iShares 0-1 Year Treasury Bo 7.48% 172,925 $19.0M Add +6.5%
MSFT Microsoft Corp. 6.07% 36,677 $15.5M Add +0.1%
GOOGL Alphabet Inc. Class A 4.25% 57,109 $10.8M Add +0.2%
JPM JPMorgan Chase & Co. 3.82% 40,507 $9.7M Add +0.5%
HD Home Depot Inc. 3.19% 20,892 $8.1M No change
QCOM Qualcomm Inc. 2.81% 46,599 $7.2M Reduce -0.2%
FISV Fiserv Inc. 2.80% 34,655 $7.1M Reduce -11.2%
CSCO Cisco Systems Inc. 2.68% 115,157 $6.8M Add +0.8%
ORCL Oracle Corp. 2.54% 38,775 $6.5M Add +0.5%
FDX FedEx Corp. 2.53% 22,866 $6.4M Add +0.2%
CI The Cigna Group 2.44% 22,448 $6.2M Add +0.1%
CMI Cummins Inc. 2.41% 17,613 $6.1M No change
CB Chubb Ltd. 2.37% 21,852 $6.0M Add +2.0%
AXP American Express Co. 2.13% 18,272 $5.4M Add +0.6%
AMZN Amazon.com Inc. 1.95% 22,595 $5.0M Reduce -1.9%
GNRC Generac Holdings Inc. 1.84% 30,260 $4.7M No change
CVX Chevron Corp. 1.76% 31,010 $4.5M Reduce -0.2%
DE Deere & Co. 1.64% 9,860 $4.2M Reduce -1.0%
BDX Becton Dickinson and Co. 1.53% 17,158 $3.9M Add +0.2%
AMGN Amgen Inc. 1.46% 14,267 $3.7M No change
PEP Pepsico Inc. 1.41% 23,572 $3.6M No change
TFX Teleflex Inc. 1.35% 19,375 $3.4M No change
ETN Eaton Corp. PLC 1.32% 10,100 $3.4M No change
META Meta Platforms Inc. Class A 1.31% 5,700 $3.3M Reduce -5.0%
XPMFX PIMCO Municipal Income Fund 1.29% 364,900 $3.3M Add +3.1%
ET Energy Transfer LP 1.26% 164,000 $3.2M Reduce -1.8%
RTX RTX Corp. 1.23% 27,047 $3.1M No change
PYPL PayPal Holdings Inc. 1.23% 36,567 $3.1M No change
SPY SS SPDR S&P 500 ETF Trust-US 1.08% 4,709 $2.8M Add +4.1%
MPC Marathon Petroleum Corp. 1.08% 19,616 $2.7M Add +1.6%
ZBH Zimmer Biomet Holdings Inc. 1.05% 25,179 $2.7M Add +0.2%
WFC Wells Fargo & Co. 1.04% 37,800 $2.7M Add +20.4%
SVXY Proshares Short Vix St Futur 1.03% 52,300 $2.6M Reduce -6.1%
CARR Carrier Global Corp. 1.01% 37,717 $2.6M No change
CTSH Cognizant Tech Solutions-A 0.92% 30,525 $2.3M Reduce -3.2%
C Citigroup Inc. 0.85% 30,717 $2.2M Reduce -1.9%
SVIX -1X Short Vix Futures ETF 0.82% 82,500 $2.1M Add +13.9%
OTIS Otis Worldwide Corp. 0.73% 20,021 $1.9M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.67% 15,327 $1.7M Reduce -3.5%
V Visa Inc. Class A 0.66% 5,340 $1.7M No change
PII Polaris Inc. 0.63% 27,994 $1.6M Reduce -0.7%
GS Goldman Sachs Group Inc. 0.56% 2,470 $1.4M No change
STT State Street Corp. 0.56% 14,400 $1.4M No change
XLV SS Health Care Select Sector 0.54% 9,980 $1.4M Reduce -1.1%
COF Capital One Financial Corp. 0.47% 6,733 $1.2M No change
SYY Sysco Corp. 0.45% 14,913 $1.1M No change
BHK BlackRock Core Bond Trust 0.44% 105,915 $1.1M Add +1.5%
VGT Vanguard Info Tech ETF 0.42% 1,700 $1.1M No change
AVGO Broadcom Inc. 0.41% 4,550 $1.1M No change
BRK.B Berkshire Hathaway Inc. Class B 0.41% 2,285 $1.0M Add +28.4%
GME Gamestop Corp. Class A 0.35% 28,500 $893K Reduce -6.6%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.34% 3,000 $869K New
BMY Bristol-Myers Squibb Co. 0.32% 14,331 $811K Reduce -9.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.31% 3,550 $780K New
RSP Invesco S&P 500 Equal Weight 0.26% 3,788 $664K Add +22.7%
MLPB Etracs Alerian Infrast Ser B filed as UBS AG LONDON BRANCH 0.26% 25,840 $651K No change
BGB Blackstone Strategic Credit 0.25% 51,905 $635K Add +5.1%
COR Cencora Inc. 0.24% 2,775 $623K No change
XEVVX Eaton Vance Ltd. Durat Inc. 0.23% 60,879 $595K Add +4.2%
XEADX Allspring Income Opport 0.19% 69,020 $476K Reduce -0.5%
BITF Bitfarms Ltd./Canada 0.18% 302,108 $450K No change
IJH iShares Core S&P Midcap ETF 0.17% 7,000 $436K No change
HPS John Hancock Prefer Inc. III 0.16% 27,510 $413K Reduce -1.1%
LRCX Lam Research Corp. 0.14% 5,000 $361K New
IJR iShares Core S&P Small-Cap E 0.14% 3,000 $346K No change
XOM Exxon Mobil Corp. 0.13% 3,025 $325K New
GOOG Alphabet Inc. Class C 0.12% 1,600 $305K No change
HPI John Hancock Prefer Inc. 0.12% 17,985 $299K Add +0.6%
JNJ Johnson & Johnson 0.11% 1,877 $271K Reduce -85.4%
NVDA Nvidia Corp. 0.11% 2,000 $269K New
ERC Allspring Multi-Sector Inc. 0.10% 28,535 $262K Add +5.2%
VTI VG Morningstar TS MKT ETF-US 0.09% 800 $232K No change
JACK Jack in the Box Inc. 0.08% 4,900 $204K No change
CVNA Carvana Co. 0.08% 1,000 $203K New
XFRAX BlackRock Fltng RT Inc. Strat 0.07% 13,100 $180K No change
PML PIMCO Municipal Income FD II 0.05% 15,000 $121K New

Options reported separately and not counted above: BITF calls ($60K).

Portfolio Sells Q3 2024 → Q4 2024
VSTO Vista Outdoor Inc. Sold out 0.00% −0.77
JNJ Johnson & Johnson Reduce -85.4% 0.11% −0.71
ALK Alaska Air Group Inc. Sold out 0.00% −0.45
QCOM Qualcomm Inc. Reduce -0.2% 2.81% −0.29
PII Polaris Inc. Reduce -0.7% 0.63% −0.28
VIG Vanguard Dividend Apprec ETF Sold out 0.00% −0.09
UNP Union Pacific Corp. Sold out 0.00% −0.08
XLV SS Health Care Select Sector Reduce -1.1% 0.54% −0.07
SVXY Proshares Short Vix St Futur Reduce -6.1% 1.03% −0.06
META Meta Platforms Inc. Class A Reduce -5.0% 1.31% −0.03
CTSH Cognizant Tech Solutions-A Reduce -3.2% 0.92% −0.03
HPS John Hancock Prefer Inc. III Reduce -1.1% 0.16% −0.03
CVX Chevron Corp. Reduce -0.2% 1.76% −0.02
XEADX Allspring Income Opport Reduce -0.5% 0.19% −0.01
BMY Bristol-Myers Squibb Co. Reduce -9.5% 0.32% −0.00
DE Deere & Co. Reduce -1.0% 1.64% +0.02
FISV Fiserv Inc. Reduce -11.2% 2.80% +0.06
DIS The Walt Disney Co. Reduce -3.5% 0.67% +0.07
GME Gamestop Corp. Class A Reduce -6.6% 0.35% +0.08
C Citigroup Inc. Reduce -1.9% 0.85% +0.08
ET Energy Transfer LP Reduce -1.8% 1.26% +0.21
AMZN Amazon.com Inc. Reduce -1.9% 1.95% +0.27
AAPL Apple Inc. Reduce -5.0% 11.48% +0.30

Portfolio Buys Q3 2024 → Q4 2024
GOOGL Alphabet Inc. Class A Add +0.2% 4.25% +0.55
JPM JPMorgan Chase & Co. Add +0.5% 3.82% +0.49
SHV iShares 0-1 Year Treasury Bo Add +6.5% 7.48% +0.46
WFC Wells Fargo & Co. Add +20.4% 1.04% +0.35
MSTR Strategy Inc. New 0.34% +0.34
IBM Intl Business Machines Corp. New 0.31% +0.31
CSCO Cisco Systems Inc. Add +0.8% 2.68% +0.30
AXP American Express Co. Add +0.6% 2.13% +0.20
LRCX Lam Research Corp. New 0.14% +0.14
XOM Exxon Mobil Corp. New 0.13% +0.13
NVDA Nvidia Corp. New 0.11% +0.11
BRK.B Berkshire Hathaway Inc. Class B Add +28.4% 0.41% +0.09
FDX FedEx Corp. Add +0.2% 2.53% +0.09
CVNA Carvana Co. New 0.08% +0.08
SPY SS SPDR S&P 500 ETF Trust-US Add +4.1% 1.08% +0.07
SVIX -1X Short Vix Futures ETF Add +13.9% 0.82% +0.06
PML PIMCO Municipal Income FD II New 0.05% +0.05
RSP Invesco S&P 500 Equal Weight Add +22.7% 0.26% +0.04
BGB Blackstone Strategic Credit Add +5.1% 0.25% +0.01
ERC Allspring Multi-Sector Inc. Add +5.2% 0.10% +0.00
XEVVX Eaton Vance Ltd. Durat Inc. Add +4.2% 0.23% −0.01
HPI John Hancock Prefer Inc. Add +0.6% 0.12% −0.01
ZBH Zimmer Biomet Holdings Inc. Add +0.2% 1.05% −0.02
ORCL Oracle Corp. Add +0.5% 2.54% −0.03
CB Chubb Ltd. Add +2.0% 2.37% −0.04
BHK BlackRock Core Bond Trust Add +1.5% 0.44% −0.06
BDX Becton Dickinson and Co. Add +0.2% 1.53% −0.08
MSFT Microsoft Corp. Add +0.1% 6.07% −0.09
XPMFX PIMCO Municipal Income Fund Add +3.1% 1.29% −0.14
MPC Marathon Petroleum Corp. Add +1.6% 1.08% −0.15
CI The Cigna Group Add +0.1% 2.44% −0.60

Options Activity Q3 2024 → Q4 2024
BITF Bitfarms Ltd./Canada call Reduce -49.9% 40,000 $60K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2025 75$242.4MAAPL, SHV, MSFT, JPM, GOOGL
Q4 2024Amended 77$254.5MAAPL, SHV, MSFT, GOOGL, JPM
Q3 2024 74$255.8MAAPL, SHV, MSFT, GOOGL, JPM
Q2 2024Amended 75$244.9MAAPL, SHV, MSFT, GOOGL, QCOM
Q1 2024Amended 79$249.5MAAPL, SHV, MSFT, GOOGL, CI