Trust Asset Management LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 24, 2024), Trust Asset Management LLC reported 219 stock positions worth $1.2 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 55.8% of the portfolio, followed by SS Industrial Select Sector (XLI, 3.7%) and Microsoft (MSFT, 3.2%). Compared with Q1 2024, it opened 1 new position and sold out of 5. The biggest buy was a new position in First Solar (FSLR) and the biggest sale an exit from Molina Healthcare (MOH).

Most Recent 13F
Q2 2026
Location
HOUSTON, TX
CIK
0001608376
Portfolio Value
$1.2B (Q2 2024)
SEC Filing
0001172661-24-002899 ↗ filed Jul 24, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.2B $1.2B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.3B Q2 2025 Q3 2025: $1.5B Q3 2025 Q4 2025: $1.5B Q4 2025 Q1 2026: $1.4B Q1 2026 Q2 2026: $1.6B Q2 2026

Holdings 219 stocks · $1.2B
SPY SS SPDR S&P 500 ETF Trust-US 55.81% 1,217,637 $662.7M No change
XLI SS Industrial Select Sector 3.65% 355,946 $43.4M No change
MSFT Microsoft Corp. 3.23% 85,929 $38.4M No change
AAPL Apple Inc. 3.01% 169,512 $35.7M No change
NVDA Nvidia Corp. 2.95% 283,870 $35.1M No change
XLP SS Consumer Staples Sel Sect 2.56% 397,575 $30.4M No change
GOOG Alphabet Inc. Class C 1.94% 125,314 $23.0M No change
AMZN Amazon.com Inc. 1.70% 104,334 $20.2M No change
XLE SS Energy Select Sector 1.63% 212,786 $19.4M No change
META Meta Platforms Inc. Class A 1.09% 25,665 $12.9M No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.97% 169,157 $11.5M No change
XLB SS Materials Select Sector 0.96% 129,340 $11.4M No change
XLRE SS Real Estate Select Sector 0.95% 294,111 $11.3M No change
BRK.B Berkshire Hathaway Inc. Class B 0.72% 20,872 $8.5M No change
LLY Eli Lilly & Co. 0.69% 9,069 $8.2M No change
AVGO Broadcom Inc. 0.65% 4,839 $7.8M No change
JPM JPMorgan Chase & Co. 0.58% 34,101 $6.9M No change
TSLA Tesla Inc. 0.53% 31,881 $6.3M No change
UNH Unitedhealth Group Inc. 0.45% 10,545 $5.4M No change
V Visa Inc. Class A 0.41% 18,752 $4.9M No change
MA Mastercard Inc. Class A 0.36% 9,761 $4.3M No change
JNJ Johnson & Johnson 0.34% 28,012 $4.1M No change
HD Home Depot Inc. 0.34% 11,660 $4.0M No change
MRK Merck & Co. Inc. 0.30% 29,128 $3.6M No change
ABBV Abbvie Inc. 0.29% 20,356 $3.5M No change
NFLX Netflix Inc. 0.29% 5,124 $3.5M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.28% 82,476 $3.3M No change
AMD Advanced Micro Devices 0.26% 18,754 $3.0M No change
ADBE Adobe Inc. 0.25% 5,314 $3.0M No change
CRM Salesforce Inc. 0.24% 11,221 $2.9M No change
WFC Wells Fargo & Co. 0.24% 47,042 $2.8M No change
QCOM Qualcomm Inc. 0.22% 12,931 $2.6M No change
ORCL Oracle Corp. 0.21% 17,898 $2.5M No change
TMO Thermo Fisher Scientific Inc. 0.21% 4,525 $2.5M No change
AMAT Applied Materials Inc. 0.19% 9,762 $2.3M No change
CSCO Cisco Systems Inc. 0.19% 47,389 $2.3M No change
ACN Accenture PLC Class A 0.18% 7,224 $2.2M No change
MCD McDonald's Corp. 0.18% 8,418 $2.1M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.18% 21,108 $2.1M No change
ABT Abbott Laboratories 0.18% 20,138 $2.1M No change
INTU Intuit Inc. 0.18% 3,178 $2.1M No change
TXN Texas Instruments Inc. 0.17% 10,436 $2.0M No change
VZ Verizon Communications Inc. 0.17% 48,301 $2.0M No change
AMGN Amgen Inc. 0.16% 6,114 $1.9M No change
CMCSA Comcast Corp. Class A 0.16% 48,389 $1.9M No change
DHR Danaher Corp. 0.16% 7,577 $1.9M No change
NOW ServiceNow Inc. 0.16% 2,377 $1.9M No change
PFE Pfizer Inc. 0.15% 64,693 $1.8M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.15% 10,452 $1.8M No change
ISRG Intuitive Surgical Inc. 0.15% 4,051 $1.8M No change
GS Goldman Sachs Group Inc. 0.15% 3,931 $1.8M No change
C Citigroup Inc. 0.15% 27,234 $1.7M No change
SPGI S&P Global Inc. 0.14% 3,825 $1.7M No change
BKNG Booking Holdings Inc. 0.14% 421 $1.7M No change
LRCX Lam Research Corp. 0.14% 1,558 $1.7M No change
MU Micron Technology Inc. 0.14% 12,546 $1.7M No change
AXP American Express Co. 0.14% 6,944 $1.6M No change
T AT&T Inc. 0.13% 82,154 $1.6M No change
LOW Lowe's Cos Inc. 0.13% 6,978 $1.5M No change
MS Morgan Stanley 0.13% 15,287 $1.5M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.12% 13,455 $1.5M No change
ELV Elevance Health Inc. 0.12% 2,711 $1.5M No change
INTC Intel Corp. 0.12% 47,114 $1.5M No change
PGR Progressive Corp. 0.12% 6,672 $1.4M No change
VRTX Vertex Pharmaceuticals Inc. 0.12% 2,940 $1.4M No change
SCHW Schwab (charles) Corp. 0.11% 18,455 $1.4M No change
ADI Analog Devices Inc. 0.11% 5,863 $1.3M No change
KLAC KLA Corp. 0.11% 1,615 $1.3M No change
SYK Stryker Corp. 0.11% 3,896 $1.3M No change
REGN Regeneron Pharmaceuticals 0.11% 1,237 $1.3M No change
BLK BlackRock Finance Inc. 0.11% 1,648 $1.3M No change
BSX Boston Scientific Corp. 0.11% 16,538 $1.3M No change
CB Chubb Ltd. 0.10% 4,830 $1.2M No change
MDT Medtronic PLC 0.10% 15,600 $1.2M No change
PANW Palo Alto Networks Inc. 0.10% 3,537 $1.2M No change
MRSH Marsh & McLennan Cos 0.10% 5,677 $1.2M No change
CI The Cigna Group 0.10% 3,552 $1.2M No change
FISV Fiserv Inc. 0.09% 7,400 $1.1M No change
NKE Nike Inc. Class B 0.09% 14,468 $1.1M No change
TMUS T-Mobile US Inc. 0.09% 6,091 $1.1M No change
SBUX Starbucks Corp. 0.09% 13,353 $1.0M No change
SNPS Synopsys Inc. 0.09% 1,744 $1.0M No change
BX Blackstone Inc. 0.09% 8,305 $1.0M No change
BMY Bristol-Myers Squibb Co. 0.09% 24,521 $1.0M No change
CMG Chipotle Mexican Grill Inc. 0.08% 15,950 $999K No change
ANET Arista Networks Inc. 0.08% 2,841 $996K No change
GILD Gilead Sciences Inc. 0.08% 14,275 $979K No change
CDNS Cadence Design SYS Inc. 0.08% 3,151 $970K No change
ZTS Zoetis Inc. 0.08% 5,463 $947K No change
APH Amphenol Corp. Class A 0.08% 13,830 $932K No change
MCK McKesson Corp. 0.08% 1,588 $927K No change
CVS CVS Health Corp. 0.07% 15,079 $891K No change
ICE Intercontinental Exchange Inc. 0.07% 6,468 $885K No change
CME Cme Group Inc. 0.07% 4,121 $810K No change
NXPI NXP Semiconductors NV 0.07% 2,981 $802K No change
GM General Motors Co. 0.07% 17,202 $799K No change
HCA HCA Healthcare Inc. 0.07% 2,459 $790K No change
ABNB Airbnb Inc. Class A 0.07% 5,140 $779K No change
PYPL PayPal Holdings Inc. 0.07% 13,321 $773K No change
BDX Becton Dickinson and Co. 0.06% 3,278 $766K No change

Show all 219 holdings

Portfolio Sells Q1 2024 → Q2 2024
MOH Molina Healthcare Inc. Sold out 0.00% −0.02
BAX Baxter International Inc. Sold out 0.00% −0.02
ILMN Illumina Inc. Sold out 0.00% −0.02
WRB WR Berkley Corp. Sold out 0.00% −0.02
SWKS Skyworks Solutions Inc. Sold out 0.00% −0.02

Portfolio Buys Q1 2024 → Q2 2024
FSLR First Solar Inc. New 0.02% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 229$1.6BSPY, XLI, NVDA, AAPL, GOOG
Q1 2026 225$1.4BSPY, XLI, NVDA, AAPL, GOOG
Q4 2025 226$1.5BSPY, XLI, NVDA, AAPL, MSFT
Q3 2025 230$1.5BSPY, XLI, NVDA, MSFT, AAPL
Q2 2025 224$1.3BSPY, XLI, NVDA, MSFT, AAPL
Q1 2025 219$1.2BSPY, XLI, AAPL, XLP, MSFT
Q4 2024 226$1.3BSPY, XLI, AAPL, NVDA, MSFT
Q3 2024 231$1.3BSPY, XLI, AAPL, MSFT, NVDA
Q2 2024 219$1.2BSPY, XLI, MSFT, AAPL, NVDA
Q1 2024 223$1.1BSPY, XLI, MSFT, XLP, AAPL