SP Asset Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), SP Asset Management LLC reported 120 stock positions worth $1.1 billion. Its top holding was Meta Platforms Class A (META) at 18.7% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 8.9%) and Unitedhealth (UNH, 5.8%). Compared with Q4 2024, it opened 2 new positions, sold out of 11, added to 54 and reduced 45. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +0%) and the biggest sale Meta Platforms Class A (META, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- CUPERTINO, CA
- CIK
- 0001962086
- Portfolio Value
- $1.1B (Q1 2025)
- SEC Filing
- 0001962086-25-000003 ↗ filed May 8, 2025
Holdings Value
Holdings 120 stocks · $1.1B
| META Meta Platforms Inc. Class A | 18.73% | 368,587 | $212.4M | Reduce -12.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 8.90% | 189,601 | $101.0M | Add +0.4% |
| UNH Unitedhealth Group Inc. | 5.77% | 124,931 | $65.4M | Add +3.0% |
| ABBV Abbvie Inc. | 4.16% | 225,349 | $47.2M | Add +0.0% |
| AAPL Apple Inc. | 3.65% | 186,369 | $41.4M | Reduce -1.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.59% | 109,815 | $40.7M | Add +5.2% |
| IGV iShares Expanded Tech-Softwa | 3.20% | 407,458 | $36.3M | Reduce -0.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.67% | 116,947 | $30.2M | Add +4.4% |
| MSFT Microsoft Corp. | 2.66% | 80,361 | $30.2M | Add +0.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.59% | 132,387 | $29.4M | Add +1.0% |
| XLV SS Health Care Select Sector | 2.30% | 178,374 | $26.0M | Add +0.5% |
| AMZN Amazon.com Inc. | 2.21% | 131,907 | $25.1M | Reduce -0.3% |
| QCOM Qualcomm Inc. | 2.10% | 155,395 | $23.9M | Reduce -3.5% |
| GOOGL Alphabet Inc. Class A | 1.99% | 145,803 | $22.5M | Reduce -0.2% |
| WFC Wells Fargo & Co. | 1.72% | 272,255 | $19.5M | Reduce -1.5% |
| XLE SS Energy Select Sector | 1.51% | 182,962 | $17.1M | Reduce -0.5% |
| HD Home Depot Inc. | 1.44% | 44,498 | $16.3M | Reduce -2.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.41% | 384,019 | $16.0M | Reduce -5.5% |
| ABT Abbott Laboratories | 1.38% | 118,179 | $15.7M | Reduce -3.0% |
| ADI Analog Devices Inc. | 1.31% | 73,835 | $14.9M | Reduce -2.5% |
| ORCL Oracle Corp. | 1.31% | 106,495 | $14.9M | Reduce -1.4% |
| JNJ Johnson & Johnson | 1.30% | 89,161 | $14.8M | Reduce -2.4% |
| SSO Proshares Ultra S&P500 | 1.02% | 139,455 | $11.5M | Reduce -11.5% |
| NTNX Nutanix Inc. Class A | 1.02% | 164,923 | $11.5M | Reduce -10.0% |
| MRK Merck & Co. Inc. | 0.99% | 125,474 | $11.3M | Add +14.6% |
| PM Philip Morris International | 0.94% | 67,450 | $10.7M | Reduce -0.8% |
| NVDA Nvidia Corp. | 0.90% | 93,851 | $10.2M | Reduce -7.9% |
| GOOG Alphabet Inc. Class C | 0.81% | 58,971 | $9.2M | Add +0.0% |
| XOM Exxon Mobil Corp. | 0.81% | 76,990 | $9.2M | Reduce -1.4% |
| AXP American Express Co. | 0.80% | 33,573 | $9.0M | Reduce -0.8% |
| AMAT Applied Materials Inc. | 0.75% | 58,386 | $8.5M | Add +0.3% |
| SBUX Starbucks Corp. | 0.73% | 84,120 | $8.3M | Reduce -0.5% |
| VHT Vanguard Health Care ETF | 0.64% | 27,499 | $7.3M | Add +5.0% |
| NKE Nike Inc. Class B | 0.62% | 110,470 | $7.0M | Add +23.7% |
| V Visa Inc. Class A | 0.61% | 19,806 | $6.9M | Add +0.3% |
| VOO Vanguard S&P 500 ETF | 0.60% | 13,321 | $6.8M | Add +8.5% |
| PG The Procter & Gamble Co. | 0.60% | 40,048 | $6.8M | Add +0.2% |
| CRM Salesforce Inc. | 0.59% | 24,832 | $6.7M | Reduce -0.1% |
| IBB iShares Biotechnology ETF | 0.58% | 51,190 | $6.5M | Reduce -3.5% |
| IYH iShares U.S. Healthcare ETF | 0.55% | 102,753 | $6.3M | Add +0.1% |
| ICSH iShares Ultra Short Duration | 0.53% | 118,928 | $6.0M | Reduce -7.7% |
| HON Honeywell International Inc. | 0.48% | 25,719 | $5.4M | Add +0.6% |
| PFF iShares Preferred & Income S | 0.43% | 160,008 | $4.9M | Reduce -37.1% |
| AMD Advanced Micro Devices | 0.43% | 47,070 | $4.8M | No change |
| PEP Pepsico Inc. | 0.40% | 30,042 | $4.5M | Add +1.0% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.35% | 43,804 | $4.0M | Add +2.1% |
| MDLZ Mondelez International Inc. Class A | 0.35% | 58,757 | $4.0M | Reduce -3.7% |
| VUSB Vanguard Ultra Short Bond Et | 0.32% | 73,916 | $3.7M | Reduce -2.2% |
| JPST JPMorgan Ultra-Short Income | 0.31% | 68,363 | $3.5M | Reduce -5.1% |
| CTSH Cognizant Tech Solutions-A | 0.30% | 44,783 | $3.4M | Reduce -4.3% |
| IXN iShares Global Tech ETF | 0.30% | 44,622 | $3.4M | No change |
| LH Labcorp Holdings Inc. | 0.29% | 14,139 | $3.3M | Reduce -6.9% |
| FRSH Freshworks Inc. Class A | 0.29% | 231,481 | $3.3M | No change |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.25% | 57,598 | $2.9M | Reduce -13.3% |
| NFLX Netflix Inc. | 0.24% | 2,964 | $2.8M | Add +0.1% |
| RBRK Rubrik Inc. Class A | 0.24% | 44,632 | $2.7M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.24% | 4,842 | $2.7M | Add +7.3% |
| IAK iShares U.S. Insurance ETF | 0.24% | 19,485 | $2.7M | Reduce -3.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.23% | 5,535 | $2.6M | No change |
| SNOW Snowflake Inc. | 0.23% | 17,709 | $2.6M | No change |
| IVV iShares Core S&P 500 ETF | 0.21% | 4,165 | $2.3M | Add +0.3% |
| LLY Eli Lilly & Co. | 0.21% | 2,825 | $2.3M | Add +0.3% |
| FDN First Trust DJ Internet Ind | 0.19% | 9,835 | $2.2M | Add +2.7% |
| SKYY First Trust Cloud Computing | 0.19% | 21,011 | $2.1M | Reduce -5.6% |
| XYZ Block Inc. | 0.19% | 39,006 | $2.1M | Reduce -20.5% |
| VYM Vanguard High DVD Yield ETF | 0.17% | 15,107 | $1.9M | Add +0.7% |
| TSLA Tesla Inc. | 0.16% | 7,186 | $1.9M | Add +0.4% |
| AVGO Broadcom Inc. | 0.16% | 10,628 | $1.8M | Add +0.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.15% | 5,990 | $1.6M | Add +3.3% |
| SNPS Synopsys Inc. | 0.14% | 3,708 | $1.6M | No change |
| XLF SS Financial Select Sector | 0.14% | 31,303 | $1.6M | Reduce -2.9% |
| EEM iShares MSCI Emerging Market | 0.12% | 32,078 | $1.4M | Reduce -16.2% |
| ADBE Adobe Inc. | 0.11% | 3,345 | $1.3M | No change |
| NOBL Proshares S&P 500 Dividend A | 0.11% | 11,904 | $1.2M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.11% | 26,819 | $1.2M | Reduce -6.0% |
| MA Mastercard Inc. Class A | 0.11% | 2,205 | $1.2M | Add +0.4% |
| IWF iShares Russell 1000 Growth | 0.10% | 3,293 | $1.2M | No change |
| PYPL PayPal Holdings Inc. | 0.10% | 16,955 | $1.1M | Reduce -36.4% |
| XLC SS Comm Select Sector SPDR | 0.07% | 8,749 | $844K | Add +0.8% |
| DFUS Dimensional US Eq MKT ETF | 0.07% | 13,025 | $788K | Add +0.2% |
| JPM JPMorgan Chase & Co. | 0.07% | 3,136 | $769K | Add +0.6% |
| OGN Organon & Co. | 0.07% | 49,617 | $739K | Add +2.9% |
| RBLX Roblox Corp. Class A | 0.06% | 11,315 | $660K | Reduce -5.2% |
| SCHD Schwab US DVD Equity ETF | 0.06% | 23,029 | $644K | Add +0.9% |
| ANET Arista Networks Inc. | 0.05% | 7,952 | $616K | No change |
| SUB iShares Short-Term National | 0.05% | 5,511 | $582K | Add +0.2% |
| IJR iShares Core S&P Small-Cap E | 0.05% | 5,489 | $574K | Add +0.0% |
| IBN Icici Bank Ltd.-Spon ADR | 0.05% | 16,324 | $515K | No change |
| MO Altria Group Inc. | 0.04% | 8,414 | $505K | Add +0.6% |
| CMG Chipotle Mexican Grill Inc. | 0.04% | 10,050 | $505K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.04% | 2,940 | $488K | Add +0.2% |
| KLAC KLA Corp. | 0.04% | 691 | $470K | Add +0.1% |
| IJH iShares Core S&P Midcap ETF | 0.04% | 7,709 | $450K | Add +0.1% |
| BSX Boston Scientific Corp. | 0.04% | 3,992 | $403K | No change |
| COST Costco Wholesale Corp. | 0.03% | 404 | $382K | Add +0.3% |
| INTC Intel Corp. | 0.03% | 14,494 | $329K | Reduce -62.8% |
| KHC The Kraft Heinz Co. | 0.03% | 10,742 | $327K | Reduce -67.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.03% | 900 | $317K | No change |
| VGT Vanguard Info Tech ETF | 0.03% | 579 | $314K | Add +2.8% |
| TXN Texas Instruments Inc. | 0.03% | 1,713 | $308K | Add +0.8% |
Portfolio Sells Q4 2024 → Q1 2025
| META Meta Platforms Inc. Class A | Reduce -12.2% | 18.73% | −1.88 |
| GOOGL Alphabet Inc. Class A | Reduce -0.2% | 1.99% | −0.33 |
| AAPL Apple Inc. | Reduce -1.2% | 3.65% | −0.31 |
| NVDA Nvidia Corp. | Reduce -7.9% | 0.90% | −0.25 |
| PFF iShares Preferred & Income S | Reduce -37.1% | 0.43% | −0.24 |
| IGV iShares Expanded Tech-Softwa | Reduce -0.1% | 3.20% | −0.23 |
| AMZN Amazon.com Inc. | Reduce -0.3% | 2.21% | −0.22 |
| SSO Proshares Ultra S&P500 | Reduce -11.5% | 1.02% | −0.20 |
| ORCL Oracle Corp. | Reduce -1.4% | 1.31% | −0.20 |
| XYZ Block Inc. | Reduce -20.5% | 0.19% | −0.16 |
| CRM Salesforce Inc. | Reduce -0.1% | 0.59% | −0.11 |
| PYPL PayPal Holdings Inc. | Reduce -36.4% | 0.10% | −0.09 |
| BAC Bank of America Corp. | Reduce -5.5% | 1.41% | −0.08 |
| KHC The Kraft Heinz Co. | Reduce -67.0% | 0.03% | −0.06 |
| HD Home Depot Inc. | Reduce -2.3% | 1.44% | −0.05 |
| AXP American Express Co. | Reduce -0.8% | 0.80% | −0.05 |
| INTC Intel Corp. | Reduce -62.8% | 0.03% | −0.04 |
| ADI Analog Devices Inc. | Reduce -2.5% | 1.31% | −0.04 |
| SKYY First Trust Cloud Computing | Reduce -5.6% | 0.19% | −0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -13.3% | 0.25% | −0.03 |
| UWM Proshares Ultra RUSSELL2000 | Sold out | 0.00% | −0.03 |
| HUM Humana Inc. | Sold out | 0.00% | −0.02 |
| ICF iShares Select U.S. REIT ETF | Sold out | 0.00% | −0.02 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.02 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.02 |
| ZM Zoom Communications Inc. | Sold out | 0.00% | −0.02 |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | Sold out | 0.00% | −0.02 |
| VXF Vanguard Extended Market ETF | Sold out | 0.00% | −0.02 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −0.02 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.02 |
| ONEQ Fidelity Nasdaq Comp Indx | Reduce -40.1% | 0.02% | −0.01 |
| ICSH iShares Ultra Short Duration | Reduce -7.7% | 0.53% | −0.01 |
| IBB iShares Biotechnology ETF | Reduce -3.5% | 0.58% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -16.2% | 0.12% | −0.01 |
| ACN Accenture PLC Class A | Reduce -10.6% | 0.02% | −0.00 |
| MMM 3M Co. | Reduce -24.9% | 0.02% | −0.00 |
| LH Labcorp Holdings Inc. | Reduce -6.9% | 0.29% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -14.1% | 0.02% | −0.00 |
| WGHTQ WW International Inc. | Sold out | 0.00% | −0.00 |
| RBLX Roblox Corp. Class A | Reduce -5.2% | 0.06% | +0.00 |
| CTSH Cognizant Tech Solutions-A | Reduce -4.3% | 0.30% | +0.00 |
| JPST JPMorgan Ultra-Short Income | Reduce -5.1% | 0.31% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Reduce -6.0% | 0.11% | +0.00 |
| XLF SS Financial Select Sector | Reduce -2.9% | 0.14% | +0.01 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -2.2% | 0.32% | +0.01 |
| IAK iShares U.S. Insurance ETF | Reduce -3.1% | 0.24% | +0.02 |
| QCOM Qualcomm Inc. | Reduce -3.5% | 2.10% | +0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -3.7% | 0.35% | +0.05 |
| NTNX Nutanix Inc. Class A | Reduce -10.0% | 1.02% | +0.08 |
| SBUX Starbucks Corp. | Reduce -0.5% | 0.73% | +0.08 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.4% | 8.90% | +1.73 |
| ABBV Abbvie Inc. | Add +0.0% | 4.16% | +0.80 |
| UNH Unitedhealth Group Inc. | Add +3.0% | 5.77% | +0.62 |
| XLV SS Health Care Select Sector | Add +0.5% | 2.30% | +0.25 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +4.4% | 2.67% | +0.18 |
| V Visa Inc. Class A | Add +0.3% | 0.61% | +0.09 |
| VHT Vanguard Health Care ETF | Add +5.0% | 0.64% | +0.08 |
| MRK Merck & Co. Inc. | Add +14.6% | 0.99% | +0.08 |
| NKE Nike Inc. Class B | Add +23.7% | 0.62% | +0.05 |
| IYH iShares U.S. Healthcare ETF | Add +0.1% | 0.55% | +0.05 |
| VOO Vanguard S&P 500 ETF | Add +8.5% | 0.60% | +0.05 |
| PG The Procter & Gamble Co. | Add +0.2% | 0.60% | +0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +2.1% | 0.35% | +0.03 |
| LLY Eli Lilly & Co. | Add +0.3% | 0.21% | +0.02 |
| NFLX Netflix Inc. | Add +0.1% | 0.24% | +0.02 |
| PEP Pepsico Inc. | Add +1.0% | 0.40% | +0.02 |
| IBM Intl Business Machines Corp. | New | 0.02% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +7.3% | 0.24% | +0.02 |
| VYM Vanguard High DVD Yield ETF | Add +0.7% | 0.17% | +0.01 |
| MA Mastercard Inc. Class A | Add +0.4% | 0.11% | +0.01 |
| MO Altria Group Inc. | Add +0.6% | 0.04% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +0.6% | 0.07% | +0.01 |
| KLAC KLA Corp. | Add +0.1% | 0.04% | +0.01 |
| OGN Organon & Co. | Add +2.9% | 0.07% | +0.00 |
| SCHD Schwab US DVD Equity ETF | Add +0.9% | 0.06% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.3% | 0.15% | +0.00 |
| XLC SS Comm Select Sector SPDR | Add +0.8% | 0.07% | +0.00 |
| PAYX Paychex Inc. | Add +0.6% | 0.02% | +0.00 |
| VGK Vanguard Ftse Europe ETF | Add +0.4% | 0.02% | +0.00 |
| COST Costco Wholesale Corp. | Add +0.3% | 0.03% | +0.00 |
| SUB iShares Short-Term National | Add +0.2% | 0.05% | +0.00 |
| JEPI JPMorgan Equity Premium Inco | Add +6.6% | 0.02% | +0.00 |
| DGRO iShares Core Dividend Growth | Add +0.4% | 0.02% | +0.00 |
| IVV iShares Core S&P 500 ETF | Add +0.3% | 0.21% | +0.00 |
| OPEN Opendoor Technologies Inc. | New | 0.00% | +0.00 |
| INTU Intuit Inc. | Add +0.2% | 0.02% | +0.00 |
| TXN Texas Instruments Inc. | Add +0.8% | 0.03% | +0.00 |
| IYY iShares Dow Jones U.S. ETF | Add +0.2% | 0.03% | +0.00 |
| DFUS Dimensional US Eq MKT ETF | Add +0.2% | 0.07% | 0.00 |
| SCHX Schwab US Large-Cap ETF | Add +0.0% | 0.02% | 0.00 |
| IJH iShares Core S&P Midcap ETF | Add +0.1% | 0.04% | −0.00 |
| IVW iShares S&P 500 Growth ETF | Add +0.1% | 0.02% | −0.00 |
| IWM iShares Russell 2000 ETF | Add +0.2% | 0.02% | −0.00 |
| VGT Vanguard Info Tech ETF | Add +2.8% | 0.03% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Add +0.0% | 0.05% | −0.00 |
| FDN First Trust DJ Internet Ind | Add +2.7% | 0.19% | −0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +5.2% | 3.59% | −0.00 |
| HON Honeywell International Inc. | Add +0.6% | 0.48% | −0.00 |
| NOW ServiceNow Inc. | Add +1.6% | 0.02% | −0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.2% | 0.04% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 137 | $1.2B | META, AAPL, VUG, BRK.B, UNH |
| Q1 2026 | 119 | $1.1B | META, BRK.B, AAPL, VUG, ABBV |
| Q4 2025 | 137 | $1.3B | META, BRK.B, AAPL, VUG, ABBV |
| Q3 2025 | 139 | $1.3B | META, BRK.B, AAPL, VUG, ABBV |
| Q2 2025 | 132 | $1.2B | META, BRK.B, VUG, AAPL, IGV |
| Q1 2025 | 120 | $1.1B | META, BRK.B, UNH, ABBV, AAPL |
| Q4 2024 | 129 | $1.2B | META, BRK.B, UNH, AAPL, VUG |
| Q3 2024 | 133 | $1.2B | META, BRK.B, UNH, ABBV, AAPL |
| Q2 2024 | 130 | $1.1B | META, UNH, AAPL, VUG, ABBV |
| Q1 2024 | 123 | $1.1B | META, UNH, ABBV, BRK.B, VUG |