SP Asset Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), SP Asset Management LLC reported 132 stock positions worth $1.2 billion. Its top holding was Meta Platforms Class A (META) at 21.0% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 7.6%) and Vanguard Mrngstar GR ETF-Sui (VUG, 4.2%). Compared with Q1 2025, it opened 12 new positions, added to 61 and reduced 45. The biggest buy was iShares Expanded Tech-Softwa (IGV, shares +5%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- CUPERTINO, CA
- CIK
- 0001962086
- Portfolio Value
- $1.2B (Q2 2025)
- SEC Filing
- 0001962086-25-000004 ↗ filed Aug 6, 2025
Holdings Value
Holdings 132 stocks · $1.2B
| META Meta Platforms Inc. Class A | 20.99% | 344,669 | $254.4M | Reduce -6.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 7.59% | 189,447 | $92.0M | Reduce -0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 4.20% | 116,169 | $50.9M | Add +5.8% |
| AAPL Apple Inc. | 4.02% | 237,352 | $48.7M | Add +27.4% |
| IGV iShares Expanded Tech-Softwa | 3.85% | 426,277 | $46.7M | Add +4.6% |
| ABBV Abbvie Inc. | 3.46% | 225,937 | $41.9M | Add +0.3% |
| UNH Unitedhealth Group Inc. | 3.44% | 133,618 | $41.7M | Add +7.0% |
| MSFT Microsoft Corp. | 3.22% | 78,510 | $39.1M | Reduce -2.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.92% | 126,265 | $35.3M | Add +8.0% |
| AMZN Amazon.com Inc. | 2.36% | 130,246 | $28.6M | Reduce -1.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.13% | 109,028 | $25.8M | Reduce -17.6% |
| GOOGL Alphabet Inc. Class A | 2.11% | 145,112 | $25.6M | Reduce -0.5% |
| QCOM Qualcomm Inc. | 1.97% | 149,628 | $23.8M | Reduce -3.7% |
| XLV SS Health Care Select Sector | 1.94% | 174,240 | $23.5M | Reduce -2.3% |
| ORCL Oracle Corp. | 1.93% | 106,775 | $23.3M | Add +0.3% |
| WFC Wells Fargo & Co. | 1.81% | 273,798 | $21.9M | Add +0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.49% | 382,257 | $18.1M | Reduce -0.5% |
| ADI Analog Devices Inc. | 1.44% | 73,483 | $17.5M | Reduce -0.5% |
| ABT Abbott Laboratories | 1.44% | 127,956 | $17.4M | Add +8.3% |
| HD Home Depot Inc. | 1.31% | 43,310 | $15.9M | Reduce -2.7% |
| XLE SS Energy Select Sector | 1.27% | 181,859 | $15.4M | Reduce -0.6% |
| NVDA Nvidia Corp. | 1.16% | 88,826 | $14.0M | Reduce -5.3% |
| JNJ Johnson & Johnson | 1.14% | 90,178 | $13.8M | Add +1.1% |
| PM Philip Morris International | 1.04% | 68,952 | $12.6M | Add +2.2% |
| NTNX Nutanix Inc. Class A | 0.97% | 154,223 | $11.8M | Reduce -6.5% |
| AMAT Applied Materials Inc. | 0.89% | 58,741 | $10.8M | Add +0.6% |
| AXP American Express Co. | 0.89% | 33,642 | $10.7M | Add +0.2% |
| GOOG Alphabet Inc. Class C | 0.86% | 58,655 | $10.4M | Reduce -0.5% |
| VOO Vanguard S&P 500 ETF | 0.83% | 17,677 | $10.0M | Add +32.7% |
| MRK Merck & Co. Inc. | 0.78% | 119,987 | $9.5M | Reduce -4.4% |
| XOM Exxon Mobil Corp. | 0.71% | 80,035 | $8.6M | Add +4.0% |
| VHT Vanguard Health Care ETF | 0.64% | 31,399 | $7.8M | Add +14.2% |
| SBUX Starbucks Corp. | 0.61% | 80,136 | $7.3M | Reduce -4.7% |
| V Visa Inc. Class A | 0.58% | 19,746 | $7.0M | Reduce -0.3% |
| CRM Salesforce Inc. | 0.56% | 24,875 | $6.8M | Add +0.2% |
| AMD Advanced Micro Devices | 0.55% | 47,050 | $6.7M | Reduce -0.0% |
| PG The Procter & Gamble Co. | 0.53% | 40,307 | $6.4M | Add +0.7% |
| HON Honeywell International Inc. | 0.50% | 25,794 | $6.0M | Add +0.3% |
| IBB iShares Biotechnology ETF | 0.49% | 47,140 | $6.0M | Reduce -7.9% |
| IYH iShares U.S. Healthcare ETF | 0.48% | 102,845 | $5.8M | Add +0.1% |
| NKE Nike Inc. Class B | 0.48% | 81,630 | $5.8M | Reduce -26.1% |
| SSO Proshares Ultra S&P500 | 0.42% | 52,240 | $5.1M | Reduce -62.5% |
| ICSH iShares Ultra Short Duration | 0.42% | 99,297 | $5.0M | Reduce -16.5% |
| PFF iShares Preferred & Income S | 0.37% | 146,826 | $4.5M | Reduce -8.2% |
| IXN iShares Global Tech ETF | 0.34% | 44,660 | $4.1M | Add +0.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.33% | 44,185 | $4.1M | Add +0.9% |
| RBRK Rubrik Inc. Class A | 0.33% | 44,632 | $4.0M | No change |
| NFLX Netflix Inc. | 0.33% | 2,980 | $4.0M | Add +0.5% |
| MDLZ Mondelez International Inc. Class A | 0.33% | 59,150 | $4.0M | Add +0.7% |
| PEP Pepsico Inc. | 0.33% | 30,162 | $4.0M | Add +0.4% |
| SNOW Snowflake Inc. | 0.33% | 17,709 | $4.0M | No change |
| LH Labcorp Holdings Inc. | 0.31% | 14,177 | $3.7M | Add +0.3% |
| VUSB Vanguard Ultra Short Bond Et | 0.30% | 73,820 | $3.7M | Reduce -0.1% |
| JPST JPMorgan Ultra-Short Income | 0.29% | 68,182 | $3.5M | Reduce -0.3% |
| CTSH Cognizant Tech Solutions-A | 0.28% | 42,973 | $3.4M | Reduce -4.0% |
| FRSH Freshworks Inc. Class A | 0.27% | 218,000 | $3.3M | Reduce -5.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.25% | 4,861 | $3.0M | Add +0.4% |
| AVGO Broadcom Inc. | 0.24% | 10,772 | $3.0M | Add +1.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.22% | 4,924 | $2.7M | Reduce -11.0% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.22% | 54,320 | $2.7M | Reduce -5.7% |
| FDN First Trust DJ Internet Ind | 0.22% | 9,835 | $2.6M | No change |
| IAK iShares U.S. Insurance ETF | 0.22% | 19,505 | $2.6M | Add +0.1% |
| IVV iShares Core S&P 500 ETF | 0.21% | 4,196 | $2.6M | Add +0.7% |
| SKYY First Trust Cloud Computing | 0.21% | 21,011 | $2.6M | No change |
| XYZ Block Inc. | 0.20% | 34,999 | $2.4M | Reduce -10.3% |
| LLY Eli Lilly & Co. | 0.18% | 2,834 | $2.2M | Add +0.3% |
| VYM Vanguard High DVD Yield ETF | 0.17% | 15,196 | $2.0M | Add +0.6% |
| SNPS Synopsys Inc. | 0.16% | 3,708 | $1.9M | No change |
| NOW ServiceNow Inc. | 0.14% | 1,619 | $1.7M | Add +412.3% |
| IWF iShares Russell 1000 Growth | 0.13% | 3,828 | $1.6M | Add +16.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.12% | 4,908 | $1.5M | Reduce -18.1% |
| XLF SS Financial Select Sector | 0.11% | 26,456 | $1.4M | Reduce -15.5% |
| TSLA Tesla Inc. | 0.11% | 4,236 | $1.3M | Reduce -41.0% |
| VWO Vanguard Ftse Emerging Marke | 0.11% | 26,480 | $1.3M | Reduce -1.3% |
| ADBE Adobe Inc. | 0.11% | 3,345 | $1.3M | No change |
| EEM iShares MSCI Emerging Market | 0.10% | 26,031 | $1.3M | Reduce -18.9% |
| MA Mastercard Inc. Class A | 0.10% | 2,217 | $1.2M | Add +0.5% |
| NOBL Proshares S&P 500 Dividend A | 0.10% | 11,958 | $1.2M | Add +0.5% |
| PYPL PayPal Holdings Inc. | 0.09% | 14,435 | $1.1M | Reduce -14.9% |
| XLC SS Comm Select Sector SPDR | 0.08% | 8,768 | $952K | Add +0.2% |
| RBLX Roblox Corp. Class A | 0.08% | 8,895 | $936K | Reduce -21.4% |
| JPM JPMorgan Chase & Co. | 0.08% | 3,190 | $925K | Add +1.7% |
| DFUS Dimensional US Eq MKT ETF | 0.07% | 13,060 | $875K | Add +0.3% |
| ANET Arista Networks Inc. | 0.07% | 7,952 | $814K | No change |
| MO Altria Group Inc. | 0.07% | 13,760 | $807K | Add +63.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.06% | 2,950 | $668K | Add +0.3% |
| SCHD Schwab US DVD Equity ETF | 0.05% | 23,606 | $626K | Add +2.5% |
| KLAC KLA Corp. | 0.05% | 693 | $621K | Add +0.3% |
| IJR iShares Core S&P Small-Cap E | 0.05% | 5,414 | $592K | Reduce -1.4% |
| SUB iShares Short-Term National | 0.05% | 5,543 | $589K | Add +0.6% |
| CMG Chipotle Mexican Grill Inc. | 0.05% | 10,050 | $564K | No change |
| UAN CVR Partners LP | 0.05% | 6,281 | $558K | New |
| ET Energy Transfer LP | 0.04% | 26,561 | $482K | New |
| IJH iShares Core S&P Midcap ETF | 0.04% | 7,717 | $479K | Add +0.1% |
| IBN Icici Bank Ltd.-Spon ADR | 0.04% | 13,259 | $446K | Reduce -18.8% |
| VGT Vanguard Info Tech ETF | 0.04% | 665 | $441K | Add +14.8% |
| BSX Boston Scientific Corp. | 0.04% | 3,992 | $429K | No change |
| OGN Organon & Co. | 0.03% | 42,882 | $415K | Reduce -13.6% |
| COST Costco Wholesale Corp. | 0.03% | 410 | $406K | Add +1.5% |
| COIN Coinbase Global Inc. Class A | 0.03% | 1,028 | $360K | New |
Portfolio Sells Q1 2025 → Q2 2025
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 7.59% | −1.31 |
| SSO Proshares Ultra S&P500 | Reduce -62.5% | 0.42% | −0.60 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -17.6% | 2.13% | −0.46 |
| XLV SS Health Care Select Sector | Reduce -2.3% | 1.94% | −0.36 |
| XLE SS Energy Select Sector | Reduce -0.6% | 1.27% | −0.23 |
| MRK Merck & Co. Inc. | Reduce -4.4% | 0.78% | −0.21 |
| NKE Nike Inc. Class B | Reduce -26.1% | 0.48% | −0.14 |
| QCOM Qualcomm Inc. | Reduce -3.7% | 1.97% | −0.14 |
| HD Home Depot Inc. | Reduce -2.7% | 1.31% | −0.13 |
| SBUX Starbucks Corp. | Reduce -4.7% | 0.61% | −0.12 |
| ICSH iShares Ultra Short Duration | Reduce -16.5% | 0.42% | −0.12 |
| IBB iShares Biotechnology ETF | Reduce -7.9% | 0.49% | −0.09 |
| PFF iShares Preferred & Income S | Reduce -8.2% | 0.37% | −0.06 |
| TSLA Tesla Inc. | Reduce -41.0% | 0.11% | −0.05 |
| NTNX Nutanix Inc. Class A | Reduce -6.5% | 0.97% | −0.04 |
| V Visa Inc. Class A | Reduce -0.3% | 0.58% | −0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -5.7% | 0.22% | −0.03 |
| OGN Organon & Co. | Reduce -13.6% | 0.03% | −0.03 |
| CTSH Cognizant Tech Solutions-A | Reduce -4.0% | 0.28% | −0.03 |
| XLF SS Financial Select Sector | Reduce -15.5% | 0.11% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -18.1% | 0.12% | −0.02 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -0.1% | 0.30% | −0.02 |
| EEM iShares MSCI Emerging Market | Reduce -18.9% | 0.10% | −0.02 |
| JPST JPMorgan Ultra-Short Income | Reduce -0.3% | 0.29% | −0.02 |
| FRSH Freshworks Inc. Class A | Reduce -5.8% | 0.27% | −0.02 |
| KHC The Kraft Heinz Co. | Reduce -26.2% | 0.02% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -14.9% | 0.09% | −0.01 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -18.8% | 0.04% | −0.01 |
| INTC Intel Corp. | Reduce -11.4% | 0.02% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -11.0% | 0.22% | −0.00 |
| TXN Texas Instruments Inc. | Reduce -19.6% | 0.02% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.4% | 0.05% | −0.00 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.3% | 0.11% | +0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -22.2% | 0.03% | +0.00 |
| XYZ Block Inc. | Reduce -10.3% | 0.20% | +0.01 |
| RBLX Roblox Corp. Class A | Reduce -21.4% | 0.08% | +0.02 |
| GOOG Alphabet Inc. Class C | Reduce -0.5% | 0.86% | +0.05 |
| BAC Bank of America Corp. | Reduce -0.5% | 1.49% | +0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -0.5% | 2.11% | +0.12 |
| AMD Advanced Micro Devices | Reduce -0.0% | 0.55% | +0.12 |
| ADI Analog Devices Inc. | Reduce -0.5% | 1.44% | +0.13 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 2.36% | +0.15 |
| NVDA Nvidia Corp. | Reduce -5.3% | 1.16% | +0.26 |
| MSFT Microsoft Corp. | Reduce -2.3% | 3.22% | +0.56 |
| META Meta Platforms Inc. Class A | Reduce -6.5% | 20.99% | +2.26 |
Portfolio Buys Q1 2025 → Q2 2025
| IGV iShares Expanded Tech-Softwa | Add +4.6% | 3.85% | +0.66 |
| ORCL Oracle Corp. | Add +0.3% | 1.93% | +0.61 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +5.8% | 4.20% | +0.61 |
| AAPL Apple Inc. | Add +27.4% | 4.02% | +0.37 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +8.0% | 2.92% | +0.25 |
| VOO Vanguard S&P 500 ETF | Add +32.7% | 0.83% | +0.23 |
| AMAT Applied Materials Inc. | Add +0.6% | 0.89% | +0.14 |
| NOW ServiceNow Inc. | Add +412.3% | 0.14% | +0.12 |
| PM Philip Morris International | Add +2.2% | 1.04% | +0.09 |
| AXP American Express Co. | Add +0.2% | 0.89% | +0.09 |
| AVGO Broadcom Inc. | Add +1.4% | 0.24% | +0.09 |
| WFC Wells Fargo & Co. | Add +0.6% | 1.81% | +0.09 |
| NFLX Netflix Inc. | Add +0.5% | 0.33% | +0.09 |
| ABT Abbott Laboratories | Add +8.3% | 1.44% | +0.05 |
| UAN CVR Partners LP | New | 0.05% | +0.05 |
| IXN iShares Global Tech ETF | Add +0.1% | 0.34% | +0.04 |
| ET Energy Transfer LP | New | 0.04% | +0.04 |
| COIN Coinbase Global Inc. Class A | New | 0.03% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +16.3% | 0.13% | +0.03 |
| MO Altria Group Inc. | Add +63.5% | 0.07% | +0.02 |
| DASH DoorDash Inc. Class A | New | 0.02% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | New | 0.02% | +0.02 |
| TWLO Twilio Inc. Class A | New | 0.02% | +0.02 |
| IWD iShares Russell 1000 Value E | New | 0.02% | +0.02 |
| G Genpact Ltd. | New | 0.02% | +0.02 |
| DELL Dell Technologies -C | New | 0.02% | +0.02 |
| VEA Vanguard Ftse Developed ETF | New | 0.02% | +0.02 |
| LH Labcorp Holdings Inc. | Add +0.3% | 0.31% | +0.02 |
| CLMT Calumet Inc. | New | 0.02% | +0.02 |
| HON Honeywell International Inc. | Add +0.3% | 0.50% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.3% | 0.06% | +0.01 |
| KLAC KLA Corp. | Add +0.3% | 0.05% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.4% | 0.25% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +0.7% | 0.21% | +0.01 |
| VGT Vanguard Info Tech ETF | Add +14.8% | 0.04% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +1.7% | 0.08% | +0.01 |
| INTU Intuit Inc. | Add +2.0% | 0.03% | +0.01 |
| XLC SS Comm Select Sector SPDR | Add +0.2% | 0.08% | +0.00 |
| DFUS Dimensional US Eq MKT ETF | Add +0.3% | 0.07% | +0.00 |
| IVW iShares S&P 500 Growth ETF | Add +0.1% | 0.03% | +0.00 |
| IBM Intl Business Machines Corp. | Add +0.3% | 0.02% | +0.00 |
| ONEQ Fidelity Nasdaq Comp Indx | Add +0.2% | 0.02% | +0.00 |
| CSCO Cisco Systems Inc. | Add +4.0% | 0.02% | +0.00 |
| VHT Vanguard Health Care ETF | Add +14.2% | 0.64% | +0.00 |
| IYY iShares Dow Jones U.S. ETF | Add +0.3% | 0.03% | +0.00 |
| VGK Vanguard Ftse Europe ETF | Add +1.4% | 0.02% | +0.00 |
| WKHS Workhorse Group Inc. | New | 0.00% | +0.00 |
| SCHX Schwab US Large-Cap ETF | Add +0.0% | 0.02% | +0.00 |
| IWM iShares Russell 2000 ETF | Add +0.3% | 0.02% | +0.00 |
| COST Costco Wholesale Corp. | Add +1.5% | 0.03% | −0.00 |
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 |