SP Asset Management LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), SP Asset Management LLC reported 129 stock positions worth $1.2 billion. Its top holding was Meta Platforms Class A (META) at 20.6% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 7.2%) and Unitedhealth (UNH, 5.1%). Compared with Q3 2024, it opened 6 new positions, sold out of 10, added to 56 and reduced 49. The biggest buy was iShares Expanded Tech-Softwa (IGV, shares +6%) and the biggest sale Meta Platforms Class A (META, shares −8%).

Most Recent 13F
Q2 2026
Location
CUPERTINO, CA
CIK
0001962086
Portfolio Value
$1.2B (Q4 2024)
SEC Filing
0001962086-25-000001 ↗ filed Feb 6, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.2B $1.2B Q4 2024 Q1 2025: $1.1B Q1 2025 Q2 2025: $1.2B Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 129 stocks · $1.2B
META Meta Platforms Inc. Class A 20.61% 419,654 $245.7M Reduce -7.5%
BRK.B Berkshire Hathaway Inc. Class B 7.18% 188,801 $85.6M Reduce -0.2%
UNH Unitedhealth Group Inc. 5.15% 121,303 $61.4M Add +0.9%
AAPL Apple Inc. 3.96% 188,584 $47.2M Reduce -1.5%
VUG Vanguard Mrngstar GR ETF-Sui 3.59% 104,408 $42.9M Reduce -0.1%
IGV iShares Expanded Tech-Softwa 3.42% 407,901 $40.8M Add +6.1%
ABBV Abbvie Inc. 3.36% 225,335 $40.0M Reduce -0.3%
MSFT Microsoft Corp. 2.84% 80,323 $33.9M Reduce -2.8%
VB Vanguard Most SM-Cap ETF-Usd 2.64% 131,121 $31.5M Add +0.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.48% 112,048 $29.6M Reduce -0.1%
AMZN Amazon.com Inc. 2.43% 132,325 $29.0M Add +0.4%
GOOGL Alphabet Inc. Class A 2.32% 146,129 $27.7M Reduce -0.2%
QCOM Qualcomm Inc. 2.08% 161,087 $24.7M Add +0.1%
XLV SS Health Care Select Sector 2.05% 177,543 $24.4M Add +0.6%
WFC Wells Fargo & Co. 1.63% 276,455 $19.4M Reduce -0.5%
ORCL Oracle Corp. 1.51% 108,039 $18.0M Reduce -0.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.50% 406,287 $17.9M Reduce -4.9%
HD Home Depot Inc. 1.49% 45,521 $17.7M Reduce -1.0%
ADI Analog Devices Inc. 1.35% 75,686 $16.1M Reduce -0.9%
XLE SS Energy Select Sector 1.32% 183,821 $15.7M Add +0.8%
SSO Proshares Ultra S&P500 1.22% 157,568 $14.6M Reduce -11.4%
ABT Abbott Laboratories 1.16% 121,825 $13.8M Reduce -1.1%
NVDA Nvidia Corp. 1.15% 101,918 $13.7M Reduce -0.4%
JNJ Johnson & Johnson 1.11% 91,341 $13.2M Reduce -0.4%
GOOG Alphabet Inc. Class C 0.94% 58,948 $11.2M Reduce -1.7%
NTNX Nutanix Inc. Class A 0.94% 183,173 $11.2M Reduce -10.0%
MRK Merck & Co. Inc. 0.91% 109,497 $10.9M Add +3.1%
AXP American Express Co. 0.84% 33,852 $10.0M Reduce -2.3%
AMAT Applied Materials Inc. 0.79% 58,200 $9.5M Add +175.4%
XOM Exxon Mobil Corp. 0.70% 78,059 $8.4M Add +0.8%
CRM Salesforce Inc. 0.70% 24,865 $8.3M Reduce -2.9%
PM Philip Morris International 0.69% 68,002 $8.2M Reduce -1.8%
PFF iShares Preferred & Income S 0.67% 254,411 $8.0M Reduce -10.3%
SBUX Starbucks Corp. 0.65% 84,570 $7.7M Add +0.6%
IBB iShares Biotechnology ETF 0.59% 53,036 $7.0M Add +0.0%
NKE Nike Inc. Class B 0.57% 89,297 $6.8M Reduce -0.1%
PG The Procter & Gamble Co. 0.56% 39,980 $6.7M Reduce -0.4%
VHT Vanguard Health Care ETF 0.56% 26,183 $6.6M Reduce -1.1%
VOO Vanguard S&P 500 ETF 0.55% 12,281 $6.6M Add +0.2%
ICSH iShares Ultra Short Duration 0.55% 128,892 $6.5M Reduce -3.4%
V Visa Inc. Class A 0.52% 19,751 $6.2M Add +0.2%
IYH iShares U.S. Healthcare ETF 0.50% 102,672 $6.0M Add +0.1%
HON Honeywell International Inc. 0.48% 25,566 $5.8M Add +0.5%
AMD Advanced Micro Devices 0.48% 47,070 $5.7M Add +0.0%
PEP Pepsico Inc. 0.38% 29,740 $4.5M Reduce -1.2%
XYZ Block Inc. 0.35% 49,066 $4.2M Reduce -7.1%
BIL SS SPDR BB 1-3M T-Bill ETF 0.33% 42,921 $3.9M Add +12.4%
IXN iShares Global Tech ETF 0.32% 44,622 $3.8M Add +0.1%
VUSB Vanguard Ultra Short Bond Et 0.31% 75,544 $3.7M Add +1.7%
FRSH Freshworks Inc. Class A 0.31% 231,481 $3.7M No change
MDLZ Mondelez International Inc. Class A 0.31% 61,037 $3.6M Add +0.2%
JPST JPMorgan Ultra-Short Income 0.30% 72,013 $3.6M Add +4.4%
CTSH Cognizant Tech Solutions-A 0.30% 46,783 $3.6M Reduce -2.2%
LH Labcorp Holdings Inc. 0.29% 15,186 $3.5M Add +0.3%
VTEB Vanguard Tax-Exempt Bond ETF 0.28% 66,408 $3.3M Reduce -25.3%
RBRK Rubrik Inc. Class A 0.24% 44,632 $2.9M No change
TSLA Tesla Inc. 0.24% 7,160 $2.9M Reduce -1.1%
QQQ Invesco QQQ Trust Series 1 0.24% 5,535 $2.8M Add +0.3%
SNOW Snowflake Inc. 0.23% 17,709 $2.7M No change
SKYY First Trust Cloud Computing 0.22% 22,257 $2.7M New
SPY SS SPDR S&P 500 ETF Trust-US 0.22% 4,513 $2.6M Add +4.2%
NFLX Netflix Inc. 0.22% 2,960 $2.6M Reduce -1.2%
IAK iShares U.S. Insurance ETF 0.21% 20,114 $2.5M Add +0.2%
IVV iShares Core S&P 500 ETF 0.20% 4,153 $2.4M Add +6.7%
AVGO Broadcom Inc. 0.20% 10,541 $2.4M Add +0.3%
FDN First Trust DJ Internet Ind 0.20% 9,573 $2.3M New
PYPL PayPal Holdings Inc. 0.19% 26,669 $2.3M Reduce -18.2%
LLY Eli Lilly & Co. 0.18% 2,818 $2.2M Add +0.1%
VYM Vanguard High DVD Yield ETF 0.16% 14,999 $1.9M Add +0.8%
SNPS Synopsys Inc. 0.15% 3,708 $1.8M No change
VTI VG Morningstar TS MKT ETF-US 0.14% 5,797 $1.7M Reduce -0.8%
EEM iShares MSCI Emerging Market 0.13% 38,261 $1.6M Reduce -25.1%
XLF SS Financial Select Sector 0.13% 32,240 $1.6M Add +0.4%
ADBE Adobe Inc. 0.12% 3,345 $1.5M No change
IWF iShares Russell 1000 Growth 0.11% 3,293 $1.3M No change
VWO Vanguard Ftse Emerging Marke 0.11% 28,533 $1.3M Reduce -7.2%
NOBL Proshares S&P 500 Dividend A 0.10% 11,904 $1.2M Add +1.1%
MA Mastercard Inc. Class A 0.10% 2,197 $1.2M Add +0.1%
KHC The Kraft Heinz Co. 0.08% 32,579 $1.0M Reduce -9.8%
ANET Arista Networks Inc. 0.07% 7,952 $879K No change
XLC SS Comm Select Sector SPDR 0.07% 8,684 $841K Reduce -5.8%
DFUS Dimensional US Eq MKT ETF 0.07% 12,996 $828K Add +0.4%
INTC Intel Corp. 0.07% 38,994 $782K Add +149.4%
JPM JPMorgan Chase & Co. 0.06% 3,117 $747K Add +0.3%
OGN Organon & Co. 0.06% 48,228 $720K Add +11.4%
RBLX Roblox Corp. Class A 0.06% 11,940 $691K Reduce -11.8%
IJR iShares Core S&P Small-Cap E 0.05% 5,488 $632K Add +0.1%
SCHD Schwab US DVD Equity ETF 0.05% 22,824 $624K Add +0.9%
CMG Chipotle Mexican Grill Inc. 0.05% 10,050 $606K No change
SUB iShares Short-Term National 0.05% 5,500 $580K No change
TSM Taiwan Semiconductor-SP ADR 0.05% 2,933 $579K Add +0.3%
IBN Icici Bank Ltd.-Spon ADR 0.04% 16,324 $487K No change
IJH iShares Core S&P Midcap ETF 0.04% 7,701 $480K Add +0.1%
MO Altria Group Inc. 0.04% 8,362 $437K Reduce -0.2%
KLAC KLA Corp. 0.04% 690 $435K Add +0.3%
ONEQ Fidelity Nasdaq Comp Indx 0.03% 4,981 $379K Add +67.4%
COST Costco Wholesale Corp. 0.03% 403 $369K Add +0.3%
BSX Boston Scientific Corp. 0.03% 3,992 $357K No change
VGT Vanguard Info Tech ETF 0.03% 563 $350K Add +0.2%
NOW ServiceNow Inc. 0.03% 311 $330K No change
IYY iShares Dow Jones U.S. ETF 0.03% 2,230 $319K Add +0.3%
TXN Texas Instruments Inc. 0.03% 1,700 $319K Add +0.7%
CRWD CrowdStrike Holdings Inc. Class A 0.03% 900 $308K No change
MMM 3M Co. 0.03% 2,367 $305K Add +0.6%
UWM Proshares Ultra RUSSELL2000 0.03% 7,200 $301K Reduce -32.0%
IWM iShares Russell 2000 ETF 0.02% 1,326 $293K Add +0.3%
ABNB Airbnb Inc. Class A 0.02% 2,197 $289K No change
HUM Humana Inc. 0.02% 1,127 $286K Reduce -3.9%
ICF iShares Select U.S. REIT ETF 0.02% 4,744 $286K Add +0.8%
TOST Toast Inc. Class A 0.02% 7,802 $284K Reduce -20.4%
ACN Accenture PLC Class A 0.02% 802 $282K Add +0.5%
INTU Intuit Inc. 0.02% 444 $279K Add +0.2%
IVW iShares S&P 500 Growth ETF 0.02% 2,743 $278K Add +0.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 2,485 $277K Reduce -31.3%
GBTC Grayscale Bitcoin Trust ETF 0.02% 3,640 $269K New
SHOP Shopify Inc. Class A 0.02% 2,500 $266K No change
DGRO iShares Core Dividend Growth 0.02% 4,275 $262K Add +0.5%
COIN Coinbase Global Inc. Class A 0.02% 1,028 $255K New
PAYX Paychex Inc. 0.02% 1,761 $247K Reduce -28.1%
SCHX Schwab US Large-Cap ETF 0.02% 10,601 $246K No change
ZM Zoom Communications Inc. 0.02% 3,000 $245K No change
CSCO Cisco Systems Inc. 0.02% 3,904 $231K Reduce -8.3%
VGK Vanguard Ftse Europe ETF 0.02% 3,444 $219K Add +1.1%
JEPI JPMorgan Equity Premium Inco 0.02% 3,700 $213K Add +1.7%
TNA Dir Dai SML Ca Bul 3X Et-Usd 0.02% 4,979 $209K Reduce -29.0%
VXF Vanguard Extended Market ETF 0.02% 1,090 $207K New
TWLO Twilio Inc. Class A 0.02% 1,865 $202K New
PLTR Palantir Technologies Inc. Class A 0.02% 2,650 $200K Reduce -60.4%
WGHTQ WW International Inc. filed as WW INTL INC 0.00% 10,225 $13K No change

Portfolio Sells Q3 2024 → Q4 2024
META Meta Platforms Inc. Class A Reduce -7.5% 20.61% −0.96
ABBV Abbvie Inc. Reduce -0.3% 3.36% −0.35
TQQQ Proshares Ultrapro QQQ Sold out 0.00% −0.14
JNJ Johnson & Johnson Reduce -0.4% 1.11% −0.13
MSFT Microsoft Corp. Reduce -2.8% 2.84% −0.11
PFF iShares Preferred & Income S Reduce -10.3% 0.67% −0.11
ADI Analog Devices Inc. Reduce -0.9% 1.35% −0.11
SSO Proshares Ultra S&P500 Reduce -11.4% 1.22% −0.11
VTEB Vanguard Tax-Exempt Bond ETF Reduce -25.3% 0.28% −0.10
NKE Nike Inc. Class B Reduce -0.1% 0.57% −0.09
VHT Vanguard Health Care ETF Reduce -1.1% 0.56% −0.06
HD Home Depot Inc. Reduce -1.0% 1.49% −0.06
NTNX Nutanix Inc. Class A Reduce -10.0% 0.94% −0.06
EEM iShares MSCI Emerging Market Reduce -25.1% 0.13% −0.06
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.2% 7.18% −0.05
PEP Pepsico Inc. Reduce -1.2% 0.38% −0.05
ORCL Oracle Corp. Reduce -0.8% 1.51% −0.03
DOCN Digitalocean Holdings Inc. Sold out 0.00% −0.02
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.02
KHC The Kraft Heinz Co. Reduce -9.8% 0.08% −0.02
PYPL PayPal Holdings Inc. Reduce -18.2% 0.19% −0.02
UI Ubiquiti Inc. Sold out 0.00% −0.02
EWU iShares MSCI United Kingdom Sold out 0.00% −0.02
IBM Intl Business Machines Corp. Sold out 0.00% −0.02
RTX RTX Corp. Sold out 0.00% −0.02
DELL Dell Technologies -C Sold out 0.00% −0.02
ICSH iShares Ultra Short Duration Reduce -3.4% 0.55% −0.02
VWO Vanguard Ftse Emerging Marke Reduce -7.2% 0.11% −0.02
PG The Procter & Gamble Co. Reduce -0.4% 0.56% −0.01
UWM Proshares Ultra RUSSELL2000 Reduce -32.0% 0.03% −0.01
PM Philip Morris International Reduce -1.8% 0.69% −0.01
ABT Abbott Laboratories Reduce -1.1% 1.16% −0.01
TNA Dir Dai SML Ca Bul 3X Et-Usd Reduce -29.0% 0.02% −0.01
HUM Humana Inc. Reduce -3.9% 0.02% −0.01
PAYX Paychex Inc. Reduce -28.1% 0.02% −0.01
DIS The Walt Disney Co. Reduce -31.3% 0.02% −0.01
XIGDX Voya GLBL Eqty DVD & PRM Opp Sold out 0.00% −0.01
CTSH Cognizant Tech Solutions-A Reduce -2.2% 0.30% −0.00
MTTR Matterport Inc. Sold out 0.00% −0.00
PLTR Palantir Technologies Inc. Class A Reduce -60.4% 0.02% −0.00
CSCO Cisco Systems Inc. Reduce -8.3% 0.02% +0.00
TOST Toast Inc. Class A Reduce -20.4% 0.02% +0.00
MO Altria Group Inc. Reduce -0.2% 0.04% +0.00
XLC SS Comm Select Sector SPDR Reduce -5.8% 0.07% +0.00
VTI VG Morningstar TS MKT ETF-US Reduce -0.8% 0.14% +0.00
RBLX Roblox Corp. Class A Reduce -11.8% 0.06% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -0.1% 2.48% +0.02
NFLX Netflix Inc. Reduce -1.2% 0.22% +0.04
XYZ Block Inc. Reduce -7.1% 0.35% +0.06
AXP American Express Co. Reduce -2.3% 0.84% +0.06

Portfolio Buys Q3 2024 → Q4 2024
IGV iShares Expanded Tech-Softwa Add +6.1% 3.42% +0.57
AMAT Applied Materials Inc. Add +175.4% 0.79% +0.44
AMZN Amazon.com Inc. Add +0.4% 2.43% +0.40
SKYY First Trust Cloud Computing New 0.22% +0.22
FDN First Trust DJ Internet Ind New 0.20% +0.20
V Visa Inc. Class A Add +0.2% 0.52% +0.07
VB Vanguard Most SM-Cap ETF-Usd Add +0.1% 2.64% +0.06
AVGO Broadcom Inc. Add +0.3% 0.20% +0.05
HON Honeywell International Inc. Add +0.5% 0.48% +0.05
BIL SS SPDR BB 1-3M T-Bill ETF Add +12.4% 0.33% +0.04
INTC Intel Corp. Add +149.4% 0.07% +0.04
GBTC Grayscale Bitcoin Trust ETF New 0.02% +0.02
COIN Coinbase Global Inc. Class A New 0.02% +0.02
IVV iShares Core S&P 500 ETF Add +6.7% 0.20% +0.02
VOO Vanguard S&P 500 ETF Add +0.2% 0.55% +0.02
VXF Vanguard Extended Market ETF New 0.02% +0.02
TWLO Twilio Inc. Class A New 0.02% +0.02
SPY SS SPDR S&P 500 ETF Trust-US Add +4.2% 0.22% +0.02
ONEQ Fidelity Nasdaq Comp Indx Add +67.4% 0.03% +0.01
JPST JPMorgan Ultra-Short Income Add +4.4% 0.30% +0.01
QQQ Invesco QQQ Trust Series 1 Add +0.3% 0.24% +0.01
IXN iShares Global Tech ETF Add +0.1% 0.32% +0.01
LH Labcorp Holdings Inc. Add +0.3% 0.29% +0.01
XLF SS Financial Select Sector Add +0.4% 0.13% +0.01
JPM JPMorgan Chase & Co. Add +0.3% 0.06% +0.01
MA Mastercard Inc. Class A Add +0.1% 0.10% +0.01
TSM Taiwan Semiconductor-SP ADR Add +0.3% 0.05% +0.01
VUSB Vanguard Ultra Short Bond Et Add +1.7% 0.31% +0.01
DFUS Dimensional US Eq MKT ETF Add +0.4% 0.07% +0.00
VYM Vanguard High DVD Yield ETF Add +0.8% 0.16% +0.00
VGT Vanguard Info Tech ETF Add +0.2% 0.03% +0.00
IVW iShares S&P 500 Growth ETF Add +0.1% 0.02% +0.00
COST Costco Wholesale Corp. Add +0.3% 0.03% +0.00
IYY iShares Dow Jones U.S. ETF Add +0.3% 0.03% +0.00
INTU Intuit Inc. Add +0.2% 0.02% +0.00
IJH iShares Core S&P Midcap ETF Add +0.1% 0.04% +0.00
IWM iShares Russell 2000 ETF Add +0.3% 0.02% +0.00
ACN Accenture PLC Class A Add +0.5% 0.02% +0.00
JEPI JPMorgan Equity Premium Inco Add +1.7% 0.02% −0.00
IJR iShares Core S&P Small-Cap E Add +0.1% 0.05% −0.00
DGRO iShares Core Dividend Growth Add +0.5% 0.02% −0.00
SCHD Schwab US DVD Equity ETF Add +0.9% 0.05% −0.00
MMM 3M Co. Add +0.6% 0.03% −0.00
IAK iShares U.S. Insurance ETF Add +0.2% 0.21% −0.00
ICF iShares Select U.S. REIT ETF Add +0.8% 0.02% −0.00
VGK Vanguard Ftse Europe ETF Add +1.1% 0.02% −0.00
TXN Texas Instruments Inc. Add +0.7% 0.03% −0.00
NOBL Proshares S&P 500 Dividend A Add +1.1% 0.10% −0.01
KLAC KLA Corp. Add +0.3% 0.04% −0.01
OGN Organon & Co. Add +11.4% 0.06% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 137$1.2BMETA, AAPL, VUG, BRK.B, UNH
Q1 2026 119$1.1BMETA, BRK.B, AAPL, VUG, ABBV
Q4 2025 137$1.3BMETA, BRK.B, AAPL, VUG, ABBV
Q3 2025 139$1.3BMETA, BRK.B, AAPL, VUG, ABBV
Q2 2025 132$1.2BMETA, BRK.B, VUG, AAPL, IGV
Q1 2025 120$1.1BMETA, BRK.B, UNH, ABBV, AAPL
Q4 2024 129$1.2BMETA, BRK.B, UNH, AAPL, VUG
Q3 2024 133$1.2BMETA, BRK.B, UNH, ABBV, AAPL
Q2 2024 130$1.1BMETA, UNH, AAPL, VUG, ABBV
Q1 2024 123$1.1BMETA, UNH, ABBV, BRK.B, VUG