Shikiar Asset Management Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 24, 2025), Shikiar Asset Management Inc. reported 63 stock positions worth $326.8 million. Its top holding was Apple (AAPL) at 17.4% of the portfolio, followed by Amazon.com (AMZN, 6.3%) and Microsoft (MSFT, 5.1%). Compared with Q1 2025, it opened 6 new positions, sold out of 6, added to 11 and reduced 32. The biggest buy was a new position in Capital One Financial (COF) and the biggest sale Alphabet Class C (GOOG, shares −27%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001058022
Portfolio Value
$326.8M (Q2 2025)
SEC Filing
0001058022-25-000005 ↗ filed Jul 24, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $313.4M Q1 2024 Q2 2024: $341.5M Q2 2024 Q3 2024: $346.1M Q3 2024 Q4 2024: $340.8M Q4 2024 Q1 2025: $299.6M Q1 2025 Q2 2025: $326.8M $326.8M Q2 2025 Q3 2025: $361.5M Q3 2025 Q4 2025: $368.7M Q4 2025 Q1 2026: $312.5M Q1 2026 Q2 2026: $360.4M Q2 2026

Holdings 63 stocks · $326.8M
AAPL Apple Inc. 17.36% 276,443 $56.7M Add +0.2%
AMZN Amazon.com Inc. 6.30% 93,784 $20.6M Reduce -8.7%
MSFT Microsoft Corp. 5.09% 33,426 $16.6M Reduce -12.3%
UBER Uber Technologies Inc. 3.88% 136,012 $12.7M Reduce -10.3%
GOOG Alphabet Inc. Class C 3.29% 60,559 $10.7M Reduce -27.4%
BXSL Blackstone Secured Lending F 3.25% 345,165 $10.6M Reduce -3.3%
AMLP Alerian MLP ETF 2.78% 186,035 $9.1M Reduce -5.2%
LIN Linde PLC 2.75% 19,129 $9.0M No change
HON Honeywell International Inc. 2.69% 37,808 $8.8M Reduce -21.2%
HESAY Hermes Intl-Unsponsored ADR 2.69% 32,590 $8.8M Reduce -5.6%
C Citigroup Inc. 2.59% 99,453 $8.5M Add +21.7%
COF Capital One Financial Corp. 2.46% 37,838 $8.1M New
TSM Taiwan Semiconductor-SP ADR 2.39% 34,422 $7.8M Reduce -25.9%
INCY Incyte Corp. 2.38% 113,995 $7.8M Reduce -17.6%
EQT Eqt Corp. 2.35% 131,565 $7.7M Reduce -2.1%
NEE Nextera Energy Inc. 2.27% 107,058 $7.4M Reduce -9.4%
CI The Cigna Group 2.16% 21,312 $7.0M Reduce -6.8%
ZS Zscaler Inc. 2.11% 21,965 $6.9M Add +204.4%
RY Royal Bank of Canada 2.07% 51,540 $6.8M Reduce -1.0%
CBRE CBRE Group Inc. Class A 2.04% 47,576 $6.7M New
SLM SLM Corp. 2.02% 201,150 $6.6M Reduce -8.0%
FCX Freeport-McMoran Inc. 2.01% 151,235 $6.6M Add +9.4%
GBDC Golub Capital BDC Inc. 1.99% 443,605 $6.5M Reduce -0.5%
CB Chubb Ltd. 1.99% 22,391 $6.5M Reduce -4.5%
CYBR Cyberark Software Ltd./Israel 1.95% 15,687 $6.4M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.93% 133,085 $6.3M Reduce -5.3%
MGM MGM Resorts International 1.10% 104,655 $3.6M Reduce -42.1%
BX Blackstone Inc. 1.10% 23,924 $3.6M New
KKR KKR & Co. Inc. 1.05% 25,907 $3.4M New
GLD SPDR Gold Shares 1.02% 10,927 $3.3M No change
MSDL Morgan Stanley Direct Lendin 0.91% 159,100 $3.0M Reduce -8.5%
LXP LXP Industrial Trust 0.91% 359,300 $3.0M Add +13.3%
PLTR Palantir Technologies Inc. Class A 0.87% 20,756 $2.8M Add +12.6%
GLPI Gaming and Leisure Propertie 0.79% 55,001 $2.6M Reduce -2.4%
VONG Vanguard Russell 1000 Growth 0.79% 23,500 $2.6M No change
AXON Axon Enterprise Inc. 0.76% 3,002 $2.5M No change
GSBD Goldman Sachs BDC Inc. 0.75% 216,500 $2.4M Reduce -23.7%
ARMK Aramark 0.58% 45,140 $1.9M Reduce -57.1%
CORZ Core Scientific Inc. 0.53% 101,550 $1.7M Add +20.3%
AMD Advanced Micro Devices 0.51% 11,756 $1.7M Reduce -22.3%
MDGL Madrigal Pharmaceuticals Inc. 0.46% 5,000 $1.5M No change
HOOD Robinhood Markets Inc. Class A 0.45% 15,631 $1.5M Reduce -19.3%
COST Costco Wholesale Corp. 0.36% 1,197 $1.2M Reduce -32.1%
DHR Danaher Corp. 0.33% 5,512 $1.1M Reduce -13.1%
BXMT Blackstone Mortgage Tru Class A 0.29% 48,400 $932K Add +233.8%
JPM JPMorgan Chase & Co. 0.26% 2,891 $838K Add +20.9%
BRK.A Berkshire Hathaway Inc. Class A 0.22% 1 $729K No change
FBIO Fortress Biotech Inc. 0.16% 278,469 $518K Add +18.0%
MCD McDonald's Corp. 0.16% 1,770 $517K No change
OTLY Oatly Group AB 0.13% 36,455 $433K Reduce -21.9%
EPD Enterprise Products Partners 0.10% 11,000 $341K Reduce -12.0%
JNJ Johnson & Johnson 0.09% 1,983 $303K Reduce -22.6%
PYPL PayPal Holdings Inc. 0.09% 4,000 $297K No change
PEP Pepsico Inc. 0.08% 2,050 $271K No change
PG The Procter & Gamble Co. 0.08% 1,690 $269K No change
GOOGL Alphabet Inc. Class A 0.08% 1,435 $253K New
LLY Eli Lilly & Co. 0.07% 284 $221K No change
TGEN Tecogen Inc./Waltham Ma 0.05% 22,000 $150K Add +76.0%
URGN Urogen Pharma Ltd. 0.04% 10,750 $147K No change
COTY Coty Inc. Class A 0.04% 30,000 $139K Reduce -77.0%
OSUR Orasure Technologies Inc. 0.02% 25,000 $75K No change
ALLO Allogene Therapeutics Inc. 0.01% 15,750 $18K No change
UNTC Unit Corp. 0.00% 30,350 $792 Reduce -21.4%
Other holdings (14): bonds, preferreds, convertibles and warrants · $31.9M (not counted above)
SecurityClassShares / PrincipalValueChange
SLM CORP (SLM V0 PERP B) PFD 116,483$8.4MReduce -4.5%
SYNCHRONY FINANCIAL (SYF V8.25 PERP B) PFD 274,100$6.8MReduce -6.1%
FTAI AVIATION LTD (FTAI V9.5 PERP D) PFD 152,200$4.1MReduce -0.5%
LINCOLN NATIONAL CORP (LNC 9 PERP D) PFD 98,125$2.6MReduce -7.0%
APOLLO GLOBAL MANAGEMENT (APO V7.625 09/15/53) PFD 56,000$1.5MNew
GREEN BRICK PARTNERS INC (GRBK 5.75 PERP A) PFD 60,225$1.4MReduce -11.9%
PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP G) PFD 77,050$1.4MReduce -11.7%
JACKSON FINANCIAL INC (JXN V8 PERP) PFD 53,300$1.4MReduce -8.7%
AFFILIATED MANAGERS GROU (AMG 6.75 03/30/64) PFD 44,600$1.0MNew
FTAI AVIATION LTD (FTAI V8.25 PERP C) PFD 39,450$991KReduce -16.0%
PEBBLEBROOK HOTEL TRUST (PEB 5.7 PERP H) PFD 54,150$886KReduce -10.7%
COMPASS DIVERSIF HOLDING (CODI V7.875 PERP B) PFD 32,250$599KReduce -70.0%
VORNADO REALTY TRUST (VNO 5.25 PERP M) PFD 27,100$449KAdd +80.7%
VORNADO REALTY TRUST (VNO 5.25 PERP N) PFD 26,500$438KAdd +51.4%

Total filed on the 13F, all lines: $358.7M.

Portfolio Sells Q1 2025 → Q2 2025
GOOG Alphabet Inc. Class C Reduce -27.4% 3.29% −1.06
HON Honeywell International Inc. Reduce -21.2% 2.69% −0.70
MGM MGM Resorts International Reduce -42.1% 1.10% −0.69
ARMK Aramark Reduce -57.1% 0.58% −0.63
AMLP Alerian MLP ETF Reduce -5.2% 2.78% −0.62
BXSL Blackstone Secured Lending F Reduce -3.3% 3.25% −0.61
NEE Nextera Energy Inc. Reduce -9.4% 2.27% −0.52
INCY Incyte Corp. Reduce -17.6% 2.38% −0.42
CB Chubb Ltd. Reduce -4.5% 1.99% −0.38
UNTC Unit Corp. Reduce -21.4% 0.00% −0.36
GSBD Goldman Sachs BDC Inc. Reduce -23.7% 0.75% −0.36
CI The Cigna Group Reduce -6.8% 2.16% −0.35
HESAY Hermes Intl-Unsponsored ADR Reduce -5.6% 2.69% −0.31
BIRK Birkenstock Holding PLC Sold out 0.00% −0.29
GBDC Golub Capital BDC Inc. Reduce -0.5% 1.99% −0.26
MSDL Morgan Stanley Direct Lendin Reduce -8.5% 0.91% −0.25
AMZN Amazon.com Inc. Reduce -8.7% 6.30% −0.23
COTY Coty Inc. Class A Reduce -77.0% 0.04% −0.20
DVN Devon Energy Corp. Sold out 0.00% −0.19
COST Costco Wholesale Corp. Reduce -32.1% 0.36% −0.19
TSM Taiwan Semiconductor-SP ADR Reduce -25.9% 2.39% −0.19
GLPI Gaming and Leisure Propertie Reduce -2.4% 0.79% −0.17
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.13
SLM SLM Corp. Reduce -8.0% 2.02% −0.12
REGN Regeneron Pharmaceuticals Sold out 0.00% −0.12
GOOGLE LLC-CL A Sold out 0.00% −0.10
DHR Danaher Corp. Reduce -13.1% 0.33% −0.10
JNJ Johnson & Johnson Reduce -22.6% 0.09% −0.05
EQT Eqt Corp. Reduce -2.1% 2.35% −0.05
EPD Enterprise Products Partners Reduce -12.0% 0.10% −0.04
BAC Bank of America Corp. Reduce -5.3% 1.93% −0.03
OTLY Oatly Group AB Reduce -21.9% 0.13% −0.02
AMD Advanced Micro Devices Reduce -22.3% 0.51% −0.01
ONDS Ondas Inc. Sold out 0.00% −0.00
RY Royal Bank of Canada Reduce -1.0% 2.07% +0.12
HOOD Robinhood Markets Inc. Class A Reduce -19.3% 0.45% +0.18
UBER Uber Technologies Inc. Reduce -10.3% 3.88% +0.20
MSFT Microsoft Corp. Reduce -12.3% 5.09% +0.31

Portfolio Buys Q1 2025 → Q2 2025
COF Capital One Financial Corp. New 2.46% +2.46
CBRE CBRE Group Inc. Class A New 2.04% +2.04
CYBR Cyberark Software Ltd./Israel New 1.95% +1.95
ZS Zscaler Inc. Add +204.4% 2.11% +1.63
BX Blackstone Inc. New 1.10% +1.10
KKR KKR & Co. Inc. New 1.05% +1.05
C Citigroup Inc. Add +21.7% 2.59% +0.65
PLTR Palantir Technologies Inc. Class A Add +12.6% 0.87% +0.35
CORZ Core Scientific Inc. Add +20.3% 0.53% +0.33
FCX Freeport-McMoran Inc. Add +9.4% 2.01% +0.26
BXMT Blackstone Mortgage Tru Class A Add +233.8% 0.29% +0.19
GOOGL Alphabet Inc. Class A New 0.08% +0.08
JPM JPMorgan Chase & Co. Add +20.9% 0.26% +0.06
TGEN Tecogen Inc./Waltham Ma Add +76.0% 0.05% +0.04
FBIO Fortress Biotech Inc. Add +18.0% 0.16% +0.04
LXP LXP Industrial Trust Add +13.3% 0.91% −0.01
AAPL Apple Inc. Add +0.2% 17.36% −3.10

Notes & Other Activity Q1 2025 → Q2 2025
SLM CORP (SLM V0 PERP B) PFD Reduce -4.5% 116,483 $8.4M
SYNCHRONY FINANCIAL (SYF V8.25 PERP B) PFD Reduce -6.1% 274,100 $6.8M
FTAI AVIATION LTD (FTAI V9.5 PERP D) PFD Reduce -0.5% 152,200 $4.1M
LINCOLN NATIONAL CORP (LNC 9 PERP D) PFD Reduce -7.0% 98,125 $2.6M
COMPASS DIVERSIF HOLDING (CODI 7.875 PERP C) PREFERREDSTK Sold out 103,375 $2.3Mbefore exit
APOLLO GLOBAL MANAGEMENT (APO V7.625 09/15/53) PFD New 56,000 $1.5M
GREEN BRICK PARTNERS INC (GRBK 5.75 PERP A) PFD Reduce -11.9% 60,225 $1.4M
PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP G) PFD Reduce -11.7% 77,050 $1.4M
JACKSON FINANCIAL INC (JXN V8 PERP) PFD Reduce -8.7% 53,300 $1.4M
AFFILIATED MANAGERS GROU (AMG 6.75 03/30/64) PFD New 44,600 $1.0M
FTAI AVIATION LTD (FTAI V8.25 PERP C) PFD Reduce -16.0% 39,450 $991K
PEBBLEBROOK HOTEL TRUST (PEB 5.7 PERP H) PFD Reduce -10.7% 54,150 $886K
COMPASS DIVERSIF HOLDING (CODI V7.875 PERP B) PFD Reduce -70.0% 32,250 $599K
VORNADO REALTY TRUST (VNO 5.25 PERP M) PFD Add +80.7% 27,100 $449K
VORNADO REALTY TRUST (VNO 5.25 PERP N) PFD Add +51.4% 26,500 $438K
QVC GROUP INC (QVCG 8 03/15/31) PFD Sold out 8,000 $206Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 95$360.4MAAPL, AMZN, AMD, GOOG, TSM
Q1 2026 84$312.5MAAPL, AMZN, GOOG, MSFT, C
Q4 2025 83$368.7MAAPL, AMZN, GOOG, MSFT, C
Q3 2025 84$361.5MAAPL, AMZN, MSFT, GOOG, UBER
Q2 2025 63$326.8MAAPL, AMZN, MSFT, UBER, GOOG
Q1 2025 63$299.6MAAPL, AMZN, MSFT, GOOG, BXSL
Q4 2024 63$340.8MAAPL, AMZN, GOOG, MSFT, BXSL
Q3 2024 61$346.1MAAPL, AMZN, MSFT, GOOG, BXSL
Q2 2024 59$341.5MAAPL, AMZN, GOOG, NVO, MSFT
Q1 2024 58$313.4MAAPL, AMZN, MSFT, GOOG, NVO