Shikiar Asset Management Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 22, 2026), Shikiar Asset Management Inc. reported 83 stock positions worth $368.7 million. Its top holding was Apple (AAPL) at 20.2% of the portfolio, followed by Amazon.com (AMZN, 5.8%) and Alphabet Class C (GOOG, 5.0%). Compared with Q3 2025, it opened 4 new positions, sold out of 5, added to 16 and reduced 39. The biggest buy was a new position in Salesforce (CRM) and the biggest sale an exit from KKR (KKR).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001058022
Portfolio Value
$368.7M (Q4 2025)
SEC Filing
0001058022-26-000001 ↗ filed Jan 22, 2026

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 Q3 2025 Q4 2025: $368.7M $368.7M Q4 2025 Q1 2026: $312.5M Q1 2026 Q2 2026: $360.4M Q2 2026

Holdings 83 stocks · $368.7M
AAPL Apple Inc. 20.18% 273,764 $74.4M Reduce -0.9%
AMZN Amazon.com Inc. 5.80% 92,657 $21.4M Reduce -1.7%
GOOG Alphabet Inc. Class C 5.00% 58,799 $18.5M Reduce -2.5%
MSFT Microsoft Corp. 4.36% 33,263 $16.1M Reduce -1.0%
C Citigroup Inc. 2.90% 91,485 $10.7M Reduce -3.9%
COF Capital One Financial Corp. 2.85% 43,393 $10.5M Reduce -2.8%
FCX Freeport-McMoran Inc. 2.77% 201,385 $10.2M Reduce -3.6%
UBER Uber Technologies Inc. 2.64% 119,271 $9.7M Reduce -5.1%
INCY Incyte Corp. 2.53% 94,375 $9.3M Reduce -1.6%
TSM Taiwan Semiconductor-SP ADR 2.46% 29,817 $9.1M Reduce -2.8%
RY Royal Bank of Canada 2.38% 51,540 $8.8M No change
AMLP Alerian MLP ETF 2.34% 183,675 $8.6M Reduce -3.3%
WPM Wheaton Precious Metals Corp. 2.34% 73,445 $8.6M Add +25.0%
CBRE CBRE Group Inc. Class A 2.31% 53,076 $8.5M Reduce -2.3%
NEE Nextera Energy Inc. 2.18% 100,288 $8.1M Add +1.6%
LIN Linde PLC 2.18% 18,879 $8.1M No change
ZS Zscaler Inc. 2.16% 35,425 $8.0M Add +3.7%
CRM Salesforce Inc. 2.15% 29,967 $7.9M New
BXSL Blackstone Secured Lending F 2.12% 296,990 $7.8M Reduce -7.0%
HESAY Hermes Intl-Unsponsored ADR 2.02% 29,815 $7.4M Reduce -8.8%
SLM SLM Corp. 1.97% 267,950 $7.3M Reduce -0.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.92% 128,970 $7.1M Reduce -0.3%
DELL Dell Technologies -C 1.92% 56,253 $7.1M Add +47.2%
EQT Eqt Corp. 1.63% 112,445 $6.0M Reduce -7.0%
LXP LXP Industrial Trust 1.63% 121,115 $6.0M Add +53.7%
GBDC Golub Capital BDC Inc. 1.37% 373,240 $5.1M Reduce -8.0%
CI The Cigna Group 1.29% 17,252 $4.7M Reduce -7.3%
AMD Advanced Micro Devices 1.28% 22,116 $4.7M Add +23.6%
GLD SPDR Gold Shares 1.16% 10,812 $4.3M Reduce -1.1%
CYBR Cyberark Software Ltd./Israel 1.15% 9,526 $4.2M Reduce -34.4%
PLTR Palantir Technologies Inc. Class A 1.03% 21,436 $3.8M Reduce -0.1%
VONG Vanguard Russell 1000 Growth 0.78% 23,500 $2.9M No change
MDGL Madrigal Pharmaceuticals Inc. 0.63% 4,000 $2.3M No change
CB Chubb Ltd. 0.63% 7,435 $2.3M Reduce -36.1%
MSDL Morgan Stanley Direct Lendin 0.58% 130,500 $2.2M Add +7.9%
GSBD Goldman Sachs BDC Inc. 0.56% 220,850 $2.0M Add +0.1%
AXON Axon Enterprise Inc. 0.46% 3,002 $1.7M Reduce -0.1%
BXMT Blackstone Mortgage Tru Class A 0.46% 88,950 $1.7M Add +14.2%
BX Blackstone Inc. 0.36% 8,550 $1.3M Reduce -67.8%
DHR Danaher Corp. 0.32% 5,167 $1.2M Reduce -3.2%
GLPI Gaming and Leisure Propertie 0.32% 26,002 $1.2M Reduce -46.4%
UNTC Unit Corp. 0.31% 37,600 $1.2M Add +42.4%
COST Costco Wholesale Corp. 0.28% 1,215 $1.0M No change
FBIO Fortress Biotech Inc. 0.28% 278,469 $1.0M No change
JPM JPMorgan Chase & Co. 0.27% 3,049 $982K No change
HOOD Robinhood Markets Inc. Class A 0.26% 8,432 $954K Reduce -19.9%
L Loews Corp. 0.25% 8,615 $907K Add +71.8%
CORZ Core Scientific Inc. 0.21% 52,950 $771K Add +0.7%
WYFI Whitefiber Inc. 0.21% 48,790 $771K Add +4.9%
BRK.A Berkshire Hathaway Inc. Class A 0.20% 1 $755K No change
XETYX Eaton Vance Tax-MGD Div Eqty 0.17% 39,865 $612K No change
DAC Danaos Corp. 0.16% 6,400 $603K New
GOOGL Alphabet Inc. Class A 0.16% 1,844 $577K Reduce -6.1%
MCD McDonald's Corp. 0.14% 1,745 $533K Reduce -1.4%
ARMK Aramark 0.14% 13,985 $515K Reduce -57.9%
XEVTX Eaton Vance Tax-Adv DVD Inc. 0.14% 20,000 $504K No change
HON Honeywell International Inc. 0.12% 2,313 $451K Reduce -67.2%
ETW Eaton Vance T/M GLBL Buy-WR 0.11% 45,100 $416K No change
JNJ Johnson & Johnson 0.11% 1,900 $393K No change
NVDA Nvidia Corp. 0.11% 2,109 $393K No change
AVGO Broadcom Inc. 0.09% 957 $331K No change
ETV Eaton Vance T/M Buy-Writ Opp 0.09% 23,075 $331K No change
LLY Eli Lilly & Co. 0.08% 284 $305K No change
PEP Pepsico Inc. 0.08% 2,050 $294K No change
OTLY Oatly Group AB 0.07% 25,855 $276K Reduce -25.3%
EPD Enterprise Products Partners 0.07% 8,500 $273K No change
CLS Celestica Inc. 0.07% 850 $252K New
URGN Urogen Pharma Ltd. 0.07% 10,750 $252K No change
ETG Eaton Vance T/A GL DVD Incm 0.07% 10,500 $243K No change
PG The Procter & Gamble Co. 0.07% 1,690 $242K No change
CRWV Coreweave Inc. Class A 0.06% 3,275 $235K Reduce -5.1%
PYPL PayPal Holdings Inc. 0.06% 4,000 $234K No change
WM Waste Management Inc. 0.06% 1,058 $232K Reduce -16.9%
PSKY Paramount Skydance Class B 0.05% 15,000 $201K Reduce -23.1%
COTY Coty Inc. Class A 0.05% 57,500 $177K Add +64.3%
BW Babcock & Wilcox Enterpr 0.03% 20,000 $127K Reduce -57.9%
OCC Optical Cable Corp. 0.03% 24,600 $109K Add +62.9%
CEPL Capstone Energy+ Inc. filed as CAPTSONE GREEN ENERGY HLDGS 0.03% 21,000 $106K New
ONDS Ondas Inc. filed as ONDAS HLDGS INC 0.03% 10,250 $100K Reduce -6.8%
TGEN Tecogen Inc./Waltham Ma 0.02% 13,300 $66K Reduce -28.1%
OSUR Orasure Technologies Inc. 0.02% 25,000 $60K No change
ALLO Allogene Therapeutics Inc. 0.01% 15,750 $22K No change
HBEIF Honey Badger Silver Inc. 0.01% 150,000 $20K Add +50.0%
Other holdings (15): bonds, preferreds, convertibles and warrants · $32.9M (not counted above)
SecurityClassShares / PrincipalValueChange
SLM CORP (SLM V0 PERP B) PFD 88,233$6.4MReduce -14.7%
SYNCHRONY FINANCIAL (SYF V8.25 PERP B) PFD 235,730$6.2MReduce -12.2%
FTAI AVIATION LTD (FTAI V9.5 PERP D) PFD 158,030$4.3MReduce -0.4%
JACKSON FINANCIAL INC (JXN V8 PERP) PFD 101,350$2.6MAdd +2.9%
LINCOLN NATIONAL CORP (LNC 9 PERP D) PFD 91,525$2.5MReduce -3.2%
AFFILIATED MANAGERS GROU (AMG 6.75 03/30/64) PFD 79,850$1.9MReduce -0.3%
APOLLO GLOBAL MANAGEMENT (APO V7.625 09/15/53) PFD 70,500$1.9MAdd +2.0%
PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP G) PFD 67,950$1.3MReduce -7.5%
VORNADO REALTY TRUST (VNO 5.25 PERP N) PFD 71,250$1.2MAdd +31.5%
GREEN BRICK PARTNERS INC (GRBK 5.75 PERP A) PFD 46,250$1.1MReduce -16.3%
FTAI AVIATION LTD (FTAI V8.25 PERP C) PFD 41,200$1.0MAdd +1.2%
PEBBLEBROOK HOTEL TRUST (PEB 5.7 PERP H) PFD 41,450$733KReduce -11.3%
VORNADO REALTY TRUST (VNO 5.25 PERP M) PFD 43,200$732KAdd +18.5%
HOVNANIAN ENTERPRISES (HOV 7.625 PERP) PFD 27,475$567KAdd +4.6%
SL GREEN REALTY CORP (SLG 6.5 PERP I) PFD 21,500$451KAdd +104.8%

Total filed on the 13F, all lines: $401.6M.

Portfolio Sells Q3 2025 → Q4 2025
KKR KKR & Co. Inc. Sold out 0.00% −0.95
BX Blackstone Inc. Reduce -67.8% 0.36% −0.90
CYBR Cyberark Software Ltd./Israel Reduce -34.4% 1.15% −0.79
UBER Uber Technologies Inc. Reduce -5.1% 2.64% −0.76
MSFT Microsoft Corp. Reduce -1.0% 4.36% −0.45
METC Ramaco Resources Inc. Class A Sold out 0.00% −0.32
GLPI Gaming and Leisure Propertie Reduce -46.4% 0.32% −0.31
HON Honeywell International Inc. Reduce -67.2% 0.12% −0.29
CB Chubb Ltd. Reduce -36.1% 0.63% −0.28
MGM MGM Resorts International Sold out 0.00% −0.24
ARMK Aramark Reduce -57.9% 0.14% −0.21
HESAY Hermes Intl-Unsponsored ADR Reduce -8.8% 2.02% −0.20
CI The Cigna Group Reduce -7.3% 1.29% −0.20
EQT Eqt Corp. Reduce -7.0% 1.63% −0.18
BXSL Blackstone Secured Lending F Reduce -7.0% 2.12% −0.18
GBDC Golub Capital BDC Inc. Reduce -8.0% 1.37% −0.16
HOOD Robinhood Markets Inc. Class A Reduce -19.9% 0.26% −0.16
AXON Axon Enterprise Inc. Reduce -0.1% 0.46% −0.13
AMLP Alerian MLP ETF Reduce -3.3% 2.34% −0.12
D Dominion Energy Inc. Sold out 0.00% −0.09
SLM SLM Corp. Reduce -0.0% 1.97% −0.09
OTLY Oatly Group AB Reduce -25.3% 0.07% −0.08
CRWV Coreweave Inc. Class A Reduce -5.1% 0.06% −0.07
CBRE CBRE Group Inc. Class A Reduce -2.3% 2.31% −0.05
PLTR Palantir Technologies Inc. Class A Reduce -0.1% 1.03% −0.05
PSKY Paramount Skydance Class B Reduce -23.1% 0.05% −0.05
TGEN Tecogen Inc./Waltham Ma Reduce -28.1% 0.02% −0.03
CODI Compass Diversified Holdings Sold out 0.00% −0.02
WM Waste Management Inc. Reduce -16.9% 0.06% −0.01
MCD McDonald's Corp. Reduce -1.4% 0.14% −0.00
BW Babcock & Wilcox Enterpr Reduce -57.9% 0.03% −0.00
ONDS Ondas Inc. Reduce -6.8% 0.03% +0.00
GOOGL Alphabet Inc. Class A Reduce -6.1% 0.16% +0.02
DHR Danaher Corp. Reduce -3.2% 0.32% +0.03
AMZN Amazon.com Inc. Reduce -1.7% 5.80% +0.07
BAC Bank of America Corp. Reduce -0.3% 1.92% +0.08
GLD SPDR Gold Shares Reduce -1.1% 1.16% +0.09
TSM Taiwan Semiconductor-SP ADR Reduce -2.8% 2.46% +0.09
C Citigroup Inc. Reduce -3.9% 2.90% +0.22
COF Capital One Financial Corp. Reduce -2.8% 2.85% +0.23
INCY Incyte Corp. Reduce -1.6% 2.53% +0.28
FCX Freeport-McMoran Inc. Reduce -3.6% 2.77% +0.51
AAPL Apple Inc. Reduce -0.9% 20.18% +0.73
GOOG Alphabet Inc. Class C Reduce -2.5% 5.00% +0.94

Portfolio Buys Q3 2025 → Q4 2025
CRM Salesforce Inc. New 2.15% +2.15
LXP LXP Industrial Trust Add +53.7% 1.63% +0.65
WPM Wheaton Precious Metals Corp. Add +25.0% 2.34% +0.52
AMD Advanced Micro Devices Add +23.6% 1.28% +0.48
DELL Dell Technologies -C Add +47.2% 1.92% +0.42
DAC Danaos Corp. New 0.16% +0.16
NEE Nextera Energy Inc. Add +1.6% 2.18% +0.12
L Loews Corp. Add +71.8% 0.25% +0.11
UNTC Unit Corp. Add +42.4% 0.31% +0.10
CLS Celestica Inc. New 0.07% +0.07
BXMT Blackstone Mortgage Tru Class A Add +14.2% 0.46% +0.07
MSDL Morgan Stanley Direct Lendin Add +7.9% 0.58% +0.05
CEPL Capstone Energy+ Inc. New 0.03% +0.03
COTY Coty Inc. Class A Add +64.3% 0.05% +0.01
HBEIF Honey Badger Silver Inc. Add +50.0% 0.01% −0.00
OCC Optical Cable Corp. Add +62.9% 0.03% −0.00
CORZ Core Scientific Inc. Add +0.7% 0.21% −0.05
GSBD Goldman Sachs BDC Inc. Add +0.1% 0.56% −0.07
WYFI Whitefiber Inc. Add +4.9% 0.21% −0.14
ZS Zscaler Inc. Add +3.7% 2.16% −0.67

Notes & Other Activity Q3 2025 → Q4 2025
SLM CORP (SLM V0 PERP B) PFD Reduce -14.7% 88,233 $6.4M
SYNCHRONY FINANCIAL (SYF V8.25 PERP B) PFD Reduce -12.2% 235,730 $6.2M
FTAI AVIATION LTD (FTAI V9.5 PERP D) PFD Reduce -0.4% 158,030 $4.3M
JACKSON FINANCIAL INC (JXN V8 PERP) PFD Add +2.9% 101,350 $2.6M
LINCOLN NATIONAL CORP (LNC 9 PERP D) PFD Reduce -3.2% 91,525 $2.5M
AFFILIATED MANAGERS GROU (AMG 6.75 03/30/64) PFD Reduce -0.3% 79,850 $1.9M
APOLLO GLOBAL MANAGEMENT (APO V7.625 09/15/53) PFD Add +2.0% 70,500 $1.9M
PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP G) PFD Reduce -7.5% 67,950 $1.3M
VORNADO REALTY TRUST (VNO 5.25 PERP N) PFD Add +31.5% 71,250 $1.2M
GREEN BRICK PARTNERS INC (GRBK 5.75 PERP A) PFD Reduce -16.3% 46,250 $1.1M
FTAI AVIATION LTD (FTAI V8.25 PERP C) PFD Add +1.2% 41,200 $1.0M
PEBBLEBROOK HOTEL TRUST (PEB 5.7 PERP H) PFD Reduce -11.3% 41,450 $733K
VORNADO REALTY TRUST (VNO 5.25 PERP M) PFD Add +18.5% 43,200 $732K
HOVNANIAN ENTERPRISES (HOV 7.625 PERP) PFD Add +4.6% 27,475 $567K
SL GREEN REALTY CORP (SLG 6.5 PERP I) PFD Add +104.8% 21,500 $451K
PITNEY BOWES INC (PBI 6.7 03/07/43) Equities Sold out 19,200 $372Kbefore exit
RAMACO RESOURCES INC (METC 8.25 07/31/30) Pref Sold out 13,175 $338Kbefore exit
COMPASS DIVERSIF HOLDING (CODI V7.875 PERP B) PFD Sold out 11,650 $214Kbefore 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