Stansberry Asset Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Stansberry Asset Management, LLC reported 139 stock positions worth $954.8 million. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 4.7% of the portfolio, followed by Alphabet Class A (GOOGL, 4.4%) and Axis Capital (AXS, 3.0%). Compared with Q4 2025, it opened 7 new positions, sold out of 12, added to 66 and reduced 56. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +70%) and the biggest sale Microsoft (MSFT, shares −28%).
- Most Recent 13F
- Q2 2026
- Location
- Westlake, TX
- CIK
- 0001725910
- Portfolio Value
- $954.8M (Q1 2026)
- SEC Filing
- 0000919574-26-003270 ↗ filed May 15, 2026
Holdings Value
Holdings 139 stocks · $954.8M
| SGOV iShares 0-3 Month Treasury B | 4.66% | 442,000 | $44.5M | Add +69.6% |
| GOOGL Alphabet Inc. Class A | 4.36% | 144,680 | $41.6M | Reduce -11.4% |
| AXS Axis Capital Holdings Ltd. | 3.01% | 283,020 | $28.7M | Add +0.2% |
| CME Cme Group Inc. | 2.55% | 82,338 | $24.3M | Add +0.4% |
| AMZN Amazon.com Inc. | 2.51% | 115,275 | $24.0M | Reduce -15.4% |
| KO The Coca-Cola Co. | 2.51% | 314,700 | $23.9M | Add +0.5% |
| GD General Dynamics Corp. | 2.42% | 67,298 | $23.1M | Add +214.8% |
| TFPM Triple Flag Precious Met | 2.15% | 590,403 | $20.5M | Add +35.3% |
| LLY Eli Lilly & Co. | 2.06% | 21,424 | $19.7M | Reduce -0.0% |
| SHEL Shell PLC-ADR | 2.06% | 211,587 | $19.7M | Add +1.4% |
| COCO The Vita Coco Co. Inc. | 1.99% | 397,202 | $19.0M | Reduce -0.6% |
| AIR Aar Corp. | 1.96% | 170,976 | $18.7M | Reduce -11.6% |
| TKR Timken Co. | 1.96% | 185,824 | $18.7M | Add +19.9% |
| MBB iShares MBS ETF | 1.95% | 195,885 | $18.6M | Add +28.4% |
| MKL Markel Group Inc. | 1.91% | 9,515 | $18.2M | Reduce -23.9% |
| JMBS Janus Henderson Mortg Backed | 1.82% | 385,080 | $17.4M | Reduce -3.0% |
| V Visa Inc. Class A | 1.79% | 56,689 | $17.1M | Reduce -23.4% |
| CRH CRH PLC | 1.70% | 154,008 | $16.2M | Reduce -17.9% |
| NVDA Nvidia Corp. | 1.70% | 92,821 | $16.2M | Add +27.4% |
| CBOE Cboe Global Markets Inc. | 1.61% | 54,643 | $15.4M | Add +1.0% |
| ICE Intercontinental Exchange Inc. | 1.59% | 96,369 | $15.2M | Add +5.6% |
| KVUE Kenvue Inc. | 1.56% | 865,883 | $14.9M | Reduce -0.0% |
| AES AES Corp. | 1.43% | 969,123 | $13.7M | New |
| MSFT Microsoft Corp. | 1.42% | 36,566 | $13.5M | Reduce -28.4% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.34% | 193,328 | $12.8M | Reduce -35.8% |
| TRV The Travelers Cos Inc. | 1.29% | 42,306 | $12.3M | Add +1.2% |
| AMLP Alerian MLP ETF | 1.28% | 231,837 | $12.2M | Add +208.8% |
| DPZ Domino's Pizza Inc. | 1.23% | 32,755 | $11.8M | Reduce -5.0% |
| AAPL Apple Inc. | 1.18% | 44,503 | $11.3M | Reduce -0.0% |
| HSY The Hershey Co. | 1.17% | 53,726 | $11.2M | Add +99.5% |
| DHR Danaher Corp. | 1.15% | 57,843 | $11.0M | Reduce -30.0% |
| AXP American Express Co. | 1.14% | 35,984 | $10.9M | Add +0.5% |
| VNOM Viper Energy Inc. Class A | 1.13% | 228,623 | $10.7M | Add +171.3% |
| CSL Carlisle Cos Inc. | 1.12% | 32,089 | $10.7M | Add +69.5% |
| MKC McCormick & Co.-Non VTG SHRS | 1.03% | 195,731 | $9.9M | New |
| C Citigroup Inc. | 1.03% | 86,860 | $9.9M | Add +2.8% |
| PSMT Pricesmart Inc. | 1.02% | 64,478 | $9.7M | Reduce -50.1% |
| MELI MercadoLibre Inc. | 1.01% | 5,572 | $9.6M | Reduce -27.8% |
| KYN Kayne Anderson Energy Infra | 0.94% | 626,411 | $8.9M | Reduce -0.6% |
| BXSL Blackstone Secured Lending F | 0.92% | 370,774 | $8.8M | Add +24.6% |
| GLDM SPDR Gold Minishares Trust | 0.91% | 93,782 | $8.7M | Add +27.1% |
| AVGO Broadcom Inc. | 0.89% | 27,308 | $8.5M | Add +1.6% |
| PH Parker Hannifin Corp. | 0.87% | 9,331 | $8.4M | Add +0.9% |
| CGAU Centerra Gold Inc. | 0.87% | 471,061 | $8.4M | Add +325.3% |
| LAMR Lamar Advertising Co. Class A | 0.86% | 65,154 | $8.3M | Add +317.1% |
| UGI Ugi Corp. | 0.85% | 223,053 | $8.1M | Add +2.3% |
| VZ Verizon Communications Inc. | 0.85% | 161,109 | $8.1M | Add +3.6% |
| ZETA Zeta Global Holdings Corp. Class A | 0.84% | 502,768 | $8.0M | Reduce -1.9% |
| RGLD Royal Gold Inc. | 0.81% | 30,254 | $7.7M | Reduce -55.1% |
| VRSK Verisk Analytics Inc. | 0.80% | 40,277 | $7.6M | Reduce -0.5% |
| AEM Agnico Eagle Mines Ltd. | 0.79% | 37,333 | $7.6M | Reduce -52.6% |
| MCD McDonald's Corp. | 0.77% | 23,596 | $7.3M | Add +1.9% |
| ALLE Allegion PLC | 0.76% | 49,797 | $7.2M | Reduce -44.4% |
| BTI British American Tob-SP ADR | 0.76% | 123,312 | $7.2M | Add +2.3% |
| GLPI Gaming and Leisure Propertie | 0.73% | 156,587 | $6.9M | Add +496.6% |
| PM Philip Morris International | 0.70% | 40,349 | $6.7M | Add +582.6% |
| ABNB Airbnb Inc. Class A | 0.70% | 52,614 | $6.6M | Add +337.3% |
| TXNM TXNM Energy Inc. | 0.67% | 108,711 | $6.4M | Reduce -17.3% |
| GNRC Generac Holdings Inc. | 0.66% | 32,472 | $6.3M | Reduce -9.7% |
| HCSG Healthcare Services Group | 0.59% | 302,761 | $5.6M | New |
| FNV Franco-Nevada Corp. | 0.57% | 22,109 | $5.5M | Reduce -1.4% |
| SPGI S&P Global Inc. | 0.55% | 12,317 | $5.2M | Reduce -1.6% |
| RITM Rithm Capital Corp. | 0.53% | 534,566 | $5.1M | Add +321.6% |
| VRRM Verra Mobility Corp. | 0.51% | 340,401 | $4.9M | Add +2.2% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.49% | 29,574 | $4.7M | Reduce -0.7% |
| B Barrick Mining Corp. | 0.48% | 113,418 | $4.6M | Add +61.9% |
| FIX Comfort Systems USA Inc. | 0.45% | 3,150 | $4.3M | Reduce -46.5% |
| META Meta Platforms Inc. Class A | 0.45% | 7,563 | $4.3M | Add +3.8% |
| HD Home Depot Inc. | 0.41% | 11,768 | $3.9M | Add +2.1% |
| XYL Xylem Inc. | 0.38% | 30,602 | $3.7M | Reduce -58.6% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 0.37% | 117,865 | $3.6M | Add +0.1% |
| NVR NVR Inc. | 0.37% | 539 | $3.6M | Reduce -5.8% |
| VRSN Verisign Inc. | 0.34% | 12,916 | $3.2M | Reduce -23.1% |
| NEM Newmont Corp. | 0.32% | 27,904 | $3.0M | Add +23.9% |
| KGC Kinross Gold Corp. | 0.30% | 93,135 | $2.8M | Reduce -75.7% |
| ITB iShares U.S. Home Constructi | 0.30% | 31,330 | $2.8M | Add +8.0% |
| SBUX Starbucks Corp. | 0.27% | 29,099 | $2.6M | Add +6.8% |
| INTU Intuit Inc. | 0.26% | 5,822 | $2.5M | Reduce -49.0% |
| PAAS Pan American Silver Corp. | 0.26% | 45,145 | $2.5M | Add +24.6% |
| SGDJ Sprott Jr. Gold Miners ETF | 0.23% | 25,325 | $2.2M | Add +7.5% |
| EQX Equinox Gold Corp. | 0.23% | 149,487 | $2.2M | Add +24.2% |
| CMG Chipotle Mexican Grill Inc. | 0.22% | 66,404 | $2.1M | Add +0.9% |
| GDX Vaneck Gold Miners ETF | 0.22% | 22,770 | $2.1M | Add +5.2% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.21% | 74,353 | $2.0M | Add +1.1% |
| CTAS Cintas Corp. | 0.21% | 11,820 | $2.0M | Add +3.9% |
| HODL Vaneck Bitcoin ETF | 0.21% | 103,660 | $2.0M | Add +11.6% |
| CRM Salesforce Inc. | 0.20% | 10,158 | $1.9M | Reduce -24.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 3,942 | $1.9M | Reduce -31.5% |
| OR Or Royalties Inc. | 0.20% | 49,635 | $1.9M | Add +25.0% |
| DDOG Datadog Inc. Class A | 0.19% | 15,293 | $1.8M | Reduce -71.4% |
| SA Seabridge Gold Inc. | 0.18% | 61,797 | $1.8M | Add +22.6% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.18% | 1,275 | $1.7M | Add +0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.17% | 6,857 | $1.7M | Add +3.5% |
| AGI Alamos Gold Inc. Class A | 0.17% | 35,928 | $1.6M | Add +23.6% |
| FBTC Fidelity Wise Origin Bitcoin | 0.15% | 24,540 | $1.4M | Add +4.5% |
| EGO Eldorado Gold Corp. | 0.15% | 40,876 | $1.4M | New |
| PSA Public Storage | 0.13% | 4,724 | $1.3M | Add +4.2% |
| TSLA Tesla Inc. | 0.13% | 3,407 | $1.3M | Add +14.3% |
| AFG American Financial Group Inc. | 0.13% | 9,731 | $1.2M | Add +3.1% |
| HROW Harrow Inc. | 0.13% | 34,748 | $1.2M | Reduce -6.5% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $17.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 284,116 | $12.2M | Reduce -0.2% |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 105,333 | $5.7M | New |
Total filed on the 13F, all lines: $972.7M.
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -28.4% | 1.42% | −1.11 |
| GOOGL Alphabet Inc. Class A | Reduce -11.4% | 4.36% | −0.88 |
| V Visa Inc. Class A | Reduce -23.4% | 1.79% | −0.87 |
| MKL Markel Group Inc. | Reduce -23.9% | 1.91% | −0.85 |
| WRB WR Berkley Corp. | Reduce -35.8% | 1.34% | −0.82 |
| KGC Kinross Gold Corp. | Reduce -75.7% | 0.30% | −0.81 |
| DHR Danaher Corp. | Reduce -30.0% | 1.15% | −0.79 |
| RGLD Royal Gold Inc. | Reduce -55.1% | 0.81% | −0.73 |
| AMZN Amazon.com Inc. | Reduce -15.4% | 2.51% | −0.71 |
| CRH CRH PLC | Reduce -17.9% | 1.70% | −0.70 |
| ALLE Allegion PLC | Reduce -44.4% | 0.76% | −0.70 |
| XYL Xylem Inc. | Reduce -58.6% | 0.38% | −0.65 |
| PSMT Pricesmart Inc. | Reduce -50.1% | 1.02% | −0.61 |
| BDX Becton Dickinson and Co. | Reduce -80.9% | 0.11% | −0.61 |
| MELI MercadoLibre Inc. | Reduce -27.8% | 1.01% | −0.58 |
| PLNT Planet Fitness Inc. Class A | Reduce -84.9% | 0.07% | −0.58 |
| AEM Agnico Eagle Mines Ltd. | Reduce -52.6% | 0.79% | −0.58 |
| DDOG Datadog Inc. Class A | Reduce -71.4% | 0.19% | −0.56 |
| INTU Intuit Inc. | Reduce -49.0% | 0.26% | −0.51 |
| TLT iShares 20+ Year Treasury BD | Reduce -80.5% | 0.12% | −0.47 |
| NOG Northern Oil and Gas Inc. | Sold out | 0.00% | −0.45 |
| UBER Uber Technologies Inc. | Reduce -86.6% | 0.05% | −0.38 |
| RNR Renaissancere Holdings Ltd. | Sold out | 0.00% | −0.31 |
| LLY Eli Lilly & Co. | Reduce -0.0% | 2.06% | −0.30 |
| DPZ Domino's Pizza Inc. | Reduce -5.0% | 1.23% | −0.24 |
| ZETA Zeta Global Holdings Corp. Class A | Reduce -1.9% | 0.84% | −0.23 |
| COCO The Vita Coco Co. Inc. | Reduce -0.6% | 1.99% | −0.18 |
| CRM Salesforce Inc. | Reduce -24.3% | 0.20% | −0.17 |
| VRSK Verisk Analytics Inc. | Reduce -0.5% | 0.80% | −0.13 |
| TXNM TXNM Energy Inc. | Reduce -17.3% | 0.67% | −0.13 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.13 |
| SPGI S&P Global Inc. | Reduce -1.6% | 0.55% | −0.12 |
| FIX Comfort Systems USA Inc. | Reduce -46.5% | 0.45% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -31.5% | 0.20% | −0.10 |
| VRSN Verisign Inc. | Reduce -23.1% | 0.34% | −0.08 |
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −0.07 |
| JKHY Jack Henry & Associates Inc. | Reduce -0.7% | 0.49% | −0.07 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.06 |
| HROW Harrow Inc. | Reduce -6.5% | 0.13% | −0.06 |
| AAPL Apple Inc. | Reduce -0.0% | 1.18% | −0.06 |
| NVR NVR Inc. | Reduce -5.8% | 0.37% | −0.06 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.06 |
| AG First Majestic Silver Corp. | Sold out | 0.00% | −0.05 |
| RKLB Rocket Lab Corp. | Sold out | 0.00% | −0.05 |
| JMBS Janus Henderson Mortg Backed | Reduce -3.0% | 1.82% | −0.04 |
| BEPC Brookfield Renewable Corp. | Sold out | 0.00% | −0.04 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.04 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -7.0% | 0.10% | −0.04 |
| SNOW Snowflake Inc. | Reduce -5.0% | 0.06% | −0.03 |
| GSHD Goosehead Insurance Inc. Class A | Reduce -5.0% | 0.03% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| SGOV iShares 0-3 Month Treasury B | Add +69.6% | 4.66% | +1.98 |
| GD General Dynamics Corp. | Add +214.8% | 2.42% | +1.68 |
| AES AES Corp. | New | 1.43% | +1.43 |
| MKC McCormick & Co.-Non VTG SHRS | New | 1.03% | +1.03 |
| AMLP Alerian MLP ETF | Add +208.8% | 1.28% | +0.92 |
| VNOM Viper Energy Inc. Class A | Add +171.3% | 1.13% | +0.79 |
| CGAU Centerra Gold Inc. | Add +325.3% | 0.87% | +0.71 |
| HSY The Hershey Co. | Add +99.5% | 1.17% | +0.67 |
| LAMR Lamar Advertising Co. Class A | Add +317.1% | 0.86% | +0.66 |
| TFPM Triple Flag Precious Met | Add +35.3% | 2.15% | +0.66 |
| TKR Timken Co. | Add +19.9% | 1.96% | +0.62 |
| GLPI Gaming and Leisure Propertie | Add +496.6% | 0.73% | +0.61 |
| PM Philip Morris International | Add +582.6% | 0.70% | +0.60 |
| HCSG Healthcare Services Group | New | 0.59% | +0.59 |
| ABNB Airbnb Inc. Class A | Add +337.3% | 0.70% | +0.53 |
| CSL Carlisle Cos Inc. | Add +69.5% | 1.12% | +0.50 |
| SHEL Shell PLC-ADR | Add +1.4% | 2.06% | +0.49 |
| MBB iShares MBS ETF | Add +28.4% | 1.95% | +0.46 |
| RITM Rithm Capital Corp. | Add +321.6% | 0.53% | +0.39 |
| NVDA Nvidia Corp. | Add +27.4% | 1.70% | +0.30 |
| GLDM SPDR Gold Minishares Trust | Add +27.1% | 0.91% | +0.26 |
| KO The Coca-Cola Co. | Add +0.5% | 2.51% | +0.26 |
| CME Cme Group Inc. | Add +0.4% | 2.55% | +0.25 |
| CBOE Cboe Global Markets Inc. | Add +1.0% | 1.61% | +0.22 |
| VZ Verizon Communications Inc. | Add +3.6% | 0.85% | +0.20 |
| B Barrick Mining Corp. | Add +61.9% | 0.48% | +0.17 |
| EGO Eldorado Gold Corp. | New | 0.15% | +0.15 |
| BXSL Blackstone Secured Lending F | Add +24.6% | 0.92% | +0.12 |
| NEM Newmont Corp. | Add +23.9% | 0.32% | +0.09 |
| ICE Intercontinental Exchange Inc. | Add +5.6% | 1.59% | +0.07 |
| PAAS Pan American Silver Corp. | Add +24.6% | 0.26% | +0.07 |
| AMRZ Amrize Ltd. | New | 0.06% | +0.06 |
| GS Goldman Sachs Group Inc. | New | 0.06% | +0.06 |
| BTI British American Tob-SP ADR | Add +2.3% | 0.76% | +0.06 |
| RDDT Reddit Inc. Class A | New | 0.05% | +0.05 |
| OR Or Royalties Inc. | Add +25.0% | 0.20% | +0.05 |
| AGI Alamos Gold Inc. Class A | Add +23.6% | 0.17% | +0.05 |
| EQX Equinox Gold Corp. | Add +24.2% | 0.23% | +0.05 |
| TRV The Travelers Cos Inc. | Add +1.2% | 1.29% | +0.05 |
| MCD McDonald's Corp. | Add +1.9% | 0.77% | +0.04 |
| PH Parker Hannifin Corp. | Add +0.9% | 0.87% | +0.04 |
| SBUX Starbucks Corp. | Add +6.8% | 0.27% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.9% | 0.18% | +0.04 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Add +0.1% | 0.37% | +0.03 |
| SA Seabridge Gold Inc. | Add +22.6% | 0.18% | +0.03 |
| GDX Vaneck Gold Miners ETF | Add +5.2% | 0.22% | +0.03 |
| SGDJ Sprott Jr. Gold Miners ETF | Add +7.5% | 0.23% | +0.03 |
| C Citigroup Inc. | Add +2.8% | 1.03% | +0.02 |
| UGI Ugi Corp. | Add +2.3% | 0.85% | +0.01 |
| PSA Public Storage | Add +4.2% | 0.13% | +0.01 |
Notes & Other Activity Q4 2025 → Q1 2026
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | Reduce -0.2% | 284,116 | $12.2M |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | New | 105,333 | $5.7M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 139 | $1.0B | GOOGL, AMZN, AIR, AXS, GD |
| Q1 2026 | 139 | $954.8M | SGOV, GOOGL, AXS, CME, AMZN |
| Q4 2025 | 144 | $975.6M | GOOGL, AMZN, AXS, MKL, SGOV |
| Q3 2025 | 143 | $944.8M | GOOGL, AMZN, AXS, SGOV, MSFT |
| Q2 2025 | 134 | $865.3M | AXS, V, MSFT, WRB, SGOV |
| Q1 2025 | 123 | $797.2M | SGOV, WRB, AXS, V, SHEL |
| Q4 2024 | 118 | $721.5M | GOOGL, AMZN, AXS, WRB, V |
| Q3 2024 | 120 | $749.7M | CPRI, GOOGL, AMZN, WRB, SHEL |
| Q2 2024 | 123 | $717.3M | GOOGL, CPRI, SHEL, WRB, AMZN |
| Q1 2024 | 118 | $697.5M | CPRI, GOOGL, WRB, SHEL, TKR |