Shikiar Asset Management Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), Shikiar Asset Management Inc. reported 84 stock positions worth $361.5 million. Its top holding was Apple (AAPL) at 19.5% of the portfolio, followed by Amazon.com (AMZN, 5.7%) and Microsoft (MSFT, 4.8%). Compared with Q2 2025, it opened 21 new positions, added to 21 and reduced 29. The biggest buy was a new position in Wheaton Precious Metals (WPM) and the biggest sale Honeywell International (HON, shares −81%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001058022
Portfolio Value
$361.5M (Q3 2025)
SEC Filing
0001058022-25-000009 ↗ filed Oct 14, 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 Q2 2025 Q3 2025: $361.5M $361.5M Q3 2025 Q4 2025: $368.7M Q4 2025 Q1 2026: $312.5M Q1 2026 Q2 2026: $360.4M Q2 2026

Holdings 84 stocks · $361.5M
AAPL Apple Inc. 19.45% 276,203 $70.3M Reduce -0.1%
AMZN Amazon.com Inc. 5.73% 94,287 $20.7M Add +0.5%
MSFT Microsoft Corp. 4.81% 33,608 $17.4M Add +0.5%
GOOG Alphabet Inc. Class C 4.06% 60,284 $14.7M Reduce -0.5%
UBER Uber Technologies Inc. 3.41% 125,708 $12.3M Reduce -7.6%
ZS Zscaler Inc. 2.83% 34,156 $10.2M Add +55.5%
C Citigroup Inc. 2.67% 95,145 $9.7M Reduce -4.3%
COF Capital One Financial Corp. 2.62% 44,628 $9.5M Add +17.9%
LIN Linde PLC 2.48% 18,879 $9.0M Reduce -1.3%
AMLP Alerian MLP ETF 2.46% 189,900 $8.9M Add +2.1%
TSM Taiwan Semiconductor-SP ADR 2.37% 30,664 $8.6M Reduce -10.9%
CBRE CBRE Group Inc. Class A 2.37% 54,346 $8.6M Add +14.2%
BXSL Blackstone Secured Lending F 2.30% 319,330 $8.3M Reduce -7.5%
FCX Freeport-McMoran Inc. 2.27% 208,885 $8.2M Add +38.1%
INCY Incyte Corp. 2.25% 95,950 $8.1M Reduce -15.8%
HESAY Hermes Intl-Unsponsored ADR 2.21% 32,680 $8.0M Add +0.3%
RY Royal Bank of Canada 2.10% 51,540 $7.6M No change
NEE Nextera Energy Inc. 2.06% 98,718 $7.5M Reduce -7.8%
SLM SLM Corp. 2.05% 268,000 $7.4M Add +33.2%
CYBR Cyberark Software Ltd./Israel 1.94% 14,519 $7.0M Reduce -7.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.85% 129,345 $6.7M Reduce -2.8%
EQT Eqt Corp. 1.82% 120,860 $6.6M Reduce -8.1%
WPM Wheaton Precious Metals Corp. 1.82% 58,775 $6.6M New
GBDC Golub Capital BDC Inc. 1.54% 405,715 $5.6M Reduce -8.5%
DELL Dell Technologies -C 1.50% 38,213 $5.4M New
CI The Cigna Group 1.48% 18,612 $5.4M Reduce -12.7%
BX Blackstone Inc. 1.25% 26,524 $4.5M Add +10.9%
PLTR Palantir Technologies Inc. Class A 1.08% 21,461 $3.9M Add +3.4%
GLD SPDR Gold Shares 1.07% 10,927 $3.9M No change
LXP LXP Industrial Trust 0.98% 393,900 $3.5M Add +9.6%
KKR KKR & Co. Inc. 0.95% 26,376 $3.4M Add +1.8%
CB Chubb Ltd. 0.91% 11,640 $3.3M Reduce -48.0%
AMD Advanced Micro Devices 0.80% 17,896 $2.9M Add +52.2%
VONG Vanguard Russell 1000 Growth 0.78% 23,500 $2.8M No change
GLPI Gaming and Leisure Propertie 0.63% 48,541 $2.3M Reduce -11.8%
GSBD Goldman Sachs BDC Inc. 0.62% 220,725 $2.2M Add +1.9%
AXON Axon Enterprise Inc. 0.60% 3,005 $2.2M Add +0.1%
MSDL Morgan Stanley Direct Lendin 0.54% 120,900 $1.9M Reduce -24.0%
MDGL Madrigal Pharmaceuticals Inc. 0.51% 4,000 $1.8M Reduce -20.0%
HOOD Robinhood Markets Inc. Class A 0.42% 10,532 $1.5M Reduce -32.6%
HON Honeywell International Inc. 0.41% 7,043 $1.5M Reduce -81.4%
BXMT Blackstone Mortgage Tru Class A 0.40% 77,900 $1.4M Add +61.0%
ARMK Aramark 0.35% 33,185 $1.3M Reduce -26.5%
WYFI Whitefiber Inc. 0.35% 46,500 $1.3M New
METC Ramaco Resources Inc. Class A 0.32% 35,000 $1.2M New
COST Costco Wholesale Corp. 0.31% 1,215 $1.1M Add +1.5%
DHR Danaher Corp. 0.29% 5,337 $1.1M Reduce -3.2%
FBIO Fortress Biotech Inc. 0.28% 278,469 $1.0M No change
JPM JPMorgan Chase & Co. 0.27% 3,049 $962K Add +5.5%
CORZ Core Scientific Inc. 0.26% 52,600 $944K Reduce -48.2%
MGM MGM Resorts International 0.24% 24,825 $860K Reduce -76.3%
UNTC Unit Corp. 0.22% 26,400 $792K Reduce -13.0%
BRK.A Berkshire Hathaway Inc. Class A 0.21% 1 $754K No change
XETYX Eaton Vance Tax-MGD Div Eqty 0.18% 39,865 $634K New
OTLY Oatly Group AB 0.16% 34,605 $561K Reduce -5.1%
MCD McDonald's Corp. 0.15% 1,770 $538K No change
L Loews Corp. 0.14% 5,015 $503K New
XEVTX Eaton Vance Tax-Adv DVD Inc. 0.14% 20,000 $489K New
GOOGL Alphabet Inc. Class A 0.13% 1,964 $477K Add +36.9%
CRWV Coreweave Inc. Class A 0.13% 3,450 $472K New
ETW Eaton Vance T/M GLBL Buy-WR 0.11% 45,100 $408K New
NVDA Nvidia Corp. 0.11% 2,109 $393K New
PSKY Paramount Skydance Class B 0.10% 19,500 $369K New
JNJ Johnson & Johnson 0.10% 1,900 $352K Reduce -4.2%
ETV Eaton Vance T/M Buy-Writ Opp 0.09% 23,075 $329K New
D Dominion Energy Inc. 0.09% 5,297 $324K New
AVGO Broadcom Inc. 0.09% 957 $316K New
PEP Pepsico Inc. 0.08% 2,050 $288K No change
WM Waste Management Inc. 0.08% 1,273 $281K New
PYPL PayPal Holdings Inc. 0.07% 4,000 $268K No change
EPD Enterprise Products Partners 0.07% 8,500 $266K Reduce -22.7%
PG The Procter & Gamble Co. 0.07% 1,690 $260K No change
ETG Eaton Vance T/A GL DVD Incm 0.06% 10,500 $222K New
LLY Eli Lilly & Co. 0.06% 284 $217K No change
URGN Urogen Pharma Ltd. 0.06% 10,750 $214K No change
TGEN Tecogen Inc./Waltham Ma 0.05% 18,500 $163K Reduce -15.9%
COTY Coty Inc. Class A 0.04% 35,000 $141K Add +16.7%
BW Babcock & Wilcox Enterpr 0.04% 47,500 $138K New
OCC Optical Cable Corp. 0.03% 15,100 $123K New
ONDS Ondas Inc. filed as ONDAS HLDGS INC 0.02% 11,000 $85K New
CODI Compass Diversified Holdings 0.02% 12,500 $83K New
OSUR Orasure Technologies Inc. 0.02% 25,000 $80K No change
ALLO Allogene Therapeutics Inc. 0.01% 15,750 $20K No change
HBEIF Honey Badger Silver Inc. 0.01% 100,000 $20K New
Other holdings (18): bonds, preferreds, convertibles and warrants · $35.9M (not counted above)
SecurityClassShares / PrincipalValueChange
SLM CORP (SLM V0 PERP B) PFD 103,458$7.9MReduce -11.2%
SYNCHRONY FINANCIAL (SYF V8.25 PERP B) PFD 268,430$6.9MReduce -2.1%
FTAI AVIATION LTD (FTAI V9.5 PERP D) PFD 158,630$4.2MAdd +4.2%
JACKSON FINANCIAL INC (JXN V8 PERP) PFD 98,500$2.6MAdd +84.8%
LINCOLN NATIONAL CORP (LNC 9 PERP D) PFD 94,525$2.5MReduce -3.7%
AFFILIATED MANAGERS GROU (AMG 6.75 03/30/64) PFD 80,050$2.0MAdd +79.5%
APOLLO GLOBAL MANAGEMENT (APO V7.625 09/15/53) PFD 69,100$1.8MAdd +23.4%
PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP G) PFD 73,450$1.5MReduce -4.7%
GREEN BRICK PARTNERS INC (GRBK 5.75 PERP A) PFD 55,250$1.3MReduce -8.3%
FTAI AVIATION LTD (FTAI V8.25 PERP C) PFD 40,700$1.0MAdd +3.2%
VORNADO REALTY TRUST (VNO 5.25 PERP N) PFD 54,190$962KAdd +104.5%
PEBBLEBROOK HOTEL TRUST (PEB 5.7 PERP H) PFD 46,750$843KReduce -13.7%
VORNADO REALTY TRUST (VNO 5.25 PERP M) PFD 36,450$661KAdd +34.5%
HOVNANIAN ENTERPRISES (HOV 7.625 PERP) PFD 26,275$546KNew
PITNEY BOWES INC (PBI 6.7 03/07/43) Equities 19,200$372KNew
RAMACO RESOURCES INC (METC 8.25 07/31/30) Pref 13,175$338KNew
SL GREEN REALTY CORP (SLG 6.5 PERP I) PFD 10,500$231KNew
COMPASS DIVERSIF HOLDING (CODI V7.875 PERP B) PFD 11,650$214KReduce -63.9%

Total filed on the 13F, all lines: $397.5M.

Portfolio Sells Q2 2025 → Q3 2025
HON Honeywell International Inc. Reduce -81.4% 0.41% −2.28
CB Chubb Ltd. Reduce -48.0% 0.91% −1.08
BXSL Blackstone Secured Lending F Reduce -7.5% 2.30% −0.95
MGM MGM Resorts International Reduce -76.3% 0.24% −0.86
CI The Cigna Group Reduce -12.7% 1.48% −0.67
EQT Eqt Corp. Reduce -8.1% 1.82% −0.53
UBER Uber Technologies Inc. Reduce -7.6% 3.41% −0.48
GBDC Golub Capital BDC Inc. Reduce -8.5% 1.54% −0.45
MSDL Morgan Stanley Direct Lendin Reduce -24.0% 0.54% −0.37
CORZ Core Scientific Inc. Reduce -48.2% 0.26% −0.27
LIN Linde PLC Reduce -1.3% 2.48% −0.27
ARMK Aramark Reduce -26.5% 0.35% −0.23
NEE Nextera Energy Inc. Reduce -7.8% 2.06% −0.21
GLPI Gaming and Leisure Propertie Reduce -11.8% 0.63% −0.16
INCY Incyte Corp. Reduce -15.8% 2.25% −0.12
BAC Bank of America Corp. Reduce -2.8% 1.85% −0.08
DHR Danaher Corp. Reduce -3.2% 0.29% −0.04
HOOD Robinhood Markets Inc. Class A Reduce -32.6% 0.42% −0.03
EPD Enterprise Products Partners Reduce -22.7% 0.07% −0.03
TSM Taiwan Semiconductor-SP ADR Reduce -10.9% 2.37% −0.02
CYBR Cyberark Software Ltd./Israel Reduce -7.5% 1.94% −0.01
TGEN Tecogen Inc./Waltham Ma Reduce -15.9% 0.05% −0.00
JNJ Johnson & Johnson Reduce -4.2% 0.10% +0.00
OTLY Oatly Group AB Reduce -5.1% 0.16% +0.02
MDGL Madrigal Pharmaceuticals Inc. Reduce -20.0% 0.51% +0.04
C Citigroup Inc. Reduce -4.3% 2.67% +0.08
UNTC Unit Corp. Reduce -13.0% 0.22% +0.22
GOOG Alphabet Inc. Class C Reduce -0.5% 4.06% +0.77
AAPL Apple Inc. Reduce -0.1% 19.45% +2.10

Portfolio Buys Q2 2025 → Q3 2025
WPM Wheaton Precious Metals Corp. New 1.82% +1.82
DELL Dell Technologies -C New 1.50% +1.50
ZS Zscaler Inc. Add +55.5% 2.83% +0.72
WYFI Whitefiber Inc. New 0.35% +0.35
CBRE CBRE Group Inc. Class A Add +14.2% 2.37% +0.33
METC Ramaco Resources Inc. Class A New 0.32% +0.32
AMD Advanced Micro Devices Add +52.2% 0.80% +0.29
FCX Freeport-McMoran Inc. Add +38.1% 2.27% +0.26
PLTR Palantir Technologies Inc. Class A Add +3.4% 1.08% +0.22
XETYX Eaton Vance Tax-MGD Div Eqty New 0.18% +0.18
COF Capital One Financial Corp. Add +17.9% 2.62% +0.16
BX Blackstone Inc. Add +10.9% 1.25% +0.16
L Loews Corp. New 0.14% +0.14
XEVTX Eaton Vance Tax-Adv DVD Inc. New 0.14% +0.14
CRWV Coreweave Inc. Class A New 0.13% +0.13
ETW Eaton Vance T/M GLBL Buy-WR New 0.11% +0.11
BXMT Blackstone Mortgage Tru Class A Add +61.0% 0.40% +0.11
NVDA Nvidia Corp. New 0.11% +0.11
PSKY Paramount Skydance Class B New 0.10% +0.10
ETV Eaton Vance T/M Buy-Writ Opp New 0.09% +0.09
D Dominion Energy Inc. New 0.09% +0.09
AVGO Broadcom Inc. New 0.09% +0.09
WM Waste Management Inc. New 0.08% +0.08
LXP LXP Industrial Trust Add +9.6% 0.98% +0.07
ETG Eaton Vance T/A GL DVD Incm New 0.06% +0.06
GOOGL Alphabet Inc. Class A Add +36.9% 0.13% +0.05
BW Babcock & Wilcox Enterpr New 0.04% +0.04
OCC Optical Cable Corp. New 0.03% +0.03
SLM SLM Corp. Add +33.2% 2.05% +0.03
ONDS Ondas Inc. New 0.02% +0.02
CODI Compass Diversified Holdings New 0.02% +0.02
JPM JPMorgan Chase & Co. Add +5.5% 0.27% +0.01
HBEIF Honey Badger Silver Inc. New 0.01% +0.01
COTY Coty Inc. Class A Add +16.7% 0.04% −0.00
COST Costco Wholesale Corp. Add +1.5% 0.31% −0.05
KKR KKR & Co. Inc. Add +1.8% 0.95% −0.11
GSBD Goldman Sachs BDC Inc. Add +1.9% 0.62% −0.12
AXON Axon Enterprise Inc. Add +0.1% 0.60% −0.16
MSFT Microsoft Corp. Add +0.5% 4.81% −0.27
AMLP Alerian MLP ETF Add +2.1% 2.46% −0.32
HESAY Hermes Intl-Unsponsored ADR Add +0.3% 2.21% −0.48
AMZN Amazon.com Inc. Add +0.5% 5.73% −0.57

Notes & Other Activity Q2 2025 → Q3 2025
SLM CORP (SLM V0 PERP B) PFD Reduce -11.2% 103,458 $7.9M
SYNCHRONY FINANCIAL (SYF V8.25 PERP B) PFD Reduce -2.1% 268,430 $6.9M
FTAI AVIATION LTD (FTAI V9.5 PERP D) PFD Add +4.2% 158,630 $4.2M
JACKSON FINANCIAL INC (JXN V8 PERP) PFD Add +84.8% 98,500 $2.6M
LINCOLN NATIONAL CORP (LNC 9 PERP D) PFD Reduce -3.7% 94,525 $2.5M
AFFILIATED MANAGERS GROU (AMG 6.75 03/30/64) PFD Add +79.5% 80,050 $2.0M
APOLLO GLOBAL MANAGEMENT (APO V7.625 09/15/53) PFD Add +23.4% 69,100 $1.8M
PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP G) PFD Reduce -4.7% 73,450 $1.5M
GREEN BRICK PARTNERS INC (GRBK 5.75 PERP A) PFD Reduce -8.3% 55,250 $1.3M
FTAI AVIATION LTD (FTAI V8.25 PERP C) PFD Add +3.2% 40,700 $1.0M
VORNADO REALTY TRUST (VNO 5.25 PERP N) PFD Add +104.5% 54,190 $962K
PEBBLEBROOK HOTEL TRUST (PEB 5.7 PERP H) PFD Reduce -13.7% 46,750 $843K
VORNADO REALTY TRUST (VNO 5.25 PERP M) PFD Add +34.5% 36,450 $661K
HOVNANIAN ENTERPRISES (HOV 7.625 PERP) PFD New 26,275 $546K
PITNEY BOWES INC (PBI 6.7 03/07/43) Equities New 19,200 $372K
RAMACO RESOURCES INC (METC 8.25 07/31/30) Pref New 13,175 $338K
SL GREEN REALTY CORP (SLG 6.5 PERP I) PFD New 10,500 $231K
COMPASS DIVERSIF HOLDING (CODI V7.875 PERP B) PFD Reduce -63.9% 11,650 $214K

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