Trust Asset Management LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Trust Asset Management LLC reported 231 stock positions worth $1.3 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 55.6% of the portfolio, followed by SS Industrial Select Sector (XLI, 3.8%) and Apple (AAPL, 3.1%). Compared with Q2 2024, it opened 13 new positions, sold out of 1, added to 1 and reduced 17. The biggest buy was a new position in KKR (KKR) and the biggest sale Alphabet Class C (GOOG, shares −1%).

Most Recent 13F
Q2 2026
Location
HOUSTON, TX
CIK
0001608376
Portfolio Value
$1.3B (Q3 2024)
SEC Filing
0001172661-24-004610 ↗ filed Nov 13, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.3B $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 231 stocks · $1.3B
SPY SS SPDR S&P 500 ETF Trust-US 55.58% 1,214,760 $697.0M Reduce -0.2%
XLI SS Industrial Select Sector 3.81% 352,951 $47.8M Reduce -0.8%
AAPL Apple Inc. 3.10% 166,876 $38.9M Reduce -1.6%
MSFT Microsoft Corp. 2.95% 85,929 $37.0M No change
NVDA Nvidia Corp. 2.75% 283,870 $34.5M No change
XLP SS Consumer Staples Sel Sect 2.63% 397,575 $33.0M No change
GOOG Alphabet Inc. Class C 1.65% 123,940 $20.7M Reduce -1.1%
AMZN Amazon.com Inc. 1.55% 104,334 $19.4M No change
XLE SS Energy Select Sector 1.49% 212,622 $18.7M Reduce -0.1%
META Meta Platforms Inc. Class A 1.17% 25,586 $14.6M Reduce -0.3%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.09% 169,157 $13.7M No change
XLRE SS Real Estate Select Sector 1.05% 294,111 $13.1M No change
XLB SS Materials Select Sector 0.99% 129,340 $12.5M No change
BRK.B Berkshire Hathaway Inc. Class B 0.77% 20,872 $9.6M No change
AVGO Broadcom Inc. 0.67% 48,390 $8.3M No change
TSLA Tesla Inc. 0.67% 31,881 $8.3M No change
LLY Eli Lilly & Co. 0.64% 9,069 $8.0M No change
JPM JPMorgan Chase & Co. 0.56% 33,330 $7.0M Reduce -2.3%
UNH Unitedhealth Group Inc. 0.49% 10,545 $6.2M No change
V Visa Inc. Class A 0.40% 18,376 $5.1M Reduce -2.0%
MA Mastercard Inc. Class A 0.38% 9,761 $4.8M No change
HD Home Depot Inc. 0.38% 11,660 $4.7M No change
JNJ Johnson & Johnson 0.36% 28,012 $4.5M No change
ABBV Abbvie Inc. 0.32% 20,356 $4.0M No change
NFLX Netflix Inc. 0.29% 5,108 $3.6M Reduce -0.3%
MRK Merck & Co. Inc. 0.26% 29,128 $3.3M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.25% 79,939 $3.2M Reduce -3.1%
AMD Advanced Micro Devices 0.25% 18,754 $3.1M No change
CRM Salesforce Inc. 0.24% 11,221 $3.1M No change
ORCL Oracle Corp. 0.24% 17,898 $3.0M No change
TMO Thermo Fisher Scientific Inc. 0.22% 4,525 $2.8M No change
ADBE Adobe Inc. 0.22% 5,314 $2.8M No change
MCD McDonald's Corp. 0.20% 8,418 $2.6M No change
ACN Accenture PLC Class A 0.20% 7,224 $2.6M No change
CSCO Cisco Systems Inc. 0.20% 47,389 $2.5M No change
WFC Wells Fargo & Co. 0.19% 43,152 $2.4M Reduce -8.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.18% 10,452 $2.3M No change
ABT Abbott Laboratories 0.18% 20,138 $2.3M No change
QCOM Qualcomm Inc. 0.18% 12,931 $2.2M No change
VZ Verizon Communications Inc. 0.17% 48,301 $2.2M No change
TXN Texas Instruments Inc. 0.17% 10,436 $2.2M No change
NOW ServiceNow Inc. 0.17% 2,377 $2.1M No change
DHR Danaher Corp. 0.17% 7,577 $2.1M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.16% 21,108 $2.0M No change
CMCSA Comcast Corp. Class A 0.16% 48,389 $2.0M No change
ISRG Intuitive Surgical Inc. 0.16% 4,051 $2.0M No change
SPGI S&P Global Inc. 0.16% 3,825 $2.0M No change
INTU Intuit Inc. 0.16% 3,178 $2.0M No change
AMAT Applied Materials Inc. 0.16% 9,762 $2.0M No change
AMGN Amgen Inc. 0.16% 6,114 $2.0M No change
GS Goldman Sachs Group Inc. 0.16% 3,931 $1.9M No change
LOW Lowe's Cos Inc. 0.15% 6,978 $1.9M No change
AXP American Express Co. 0.15% 6,907 $1.9M Reduce -0.5%
PFE Pfizer Inc. 0.15% 64,693 $1.9M No change
T AT&T Inc. 0.14% 82,154 $1.8M No change
BKNG Booking Holdings Inc. 0.14% 412 $1.7M Reduce -2.1%
C Citigroup Inc. 0.14% 27,234 $1.7M No change
PGR Progressive Corp. 0.14% 6,672 $1.7M No change
MS Morgan Stanley 0.13% 15,287 $1.6M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.13% 13,455 $1.6M No change
BLK BlackRock Finance Inc. 0.12% 1,648 $1.6M No change
ELV Elevance Health Inc. 0.11% 2,711 $1.4M No change
SYK Stryker Corp. 0.11% 3,896 $1.4M No change
MDT Medtronic PLC 0.11% 15,600 $1.4M No change
CB Chubb Ltd. 0.11% 4,830 $1.4M No change
BSX Boston Scientific Corp. 0.11% 16,538 $1.4M No change
VRTX Vertex Pharmaceuticals Inc. 0.11% 2,940 $1.4M No change
ADI Analog Devices Inc. 0.11% 5,863 $1.3M No change
FISV Fiserv Inc. 0.11% 7,339 $1.3M Reduce -0.8%
SBUX Starbucks Corp. 0.10% 13,353 $1.3M No change
MU Micron Technology Inc. 0.10% 12,546 $1.3M No change
REGN Regeneron Pharmaceuticals 0.10% 1,237 $1.3M No change
NKE Nike Inc. Class B 0.10% 14,468 $1.3M No change
BX Blackstone Inc. 0.10% 8,305 $1.3M No change
LRCX Lam Research Corp. 0.10% 1,558 $1.3M No change
BMY Bristol-Myers Squibb Co. 0.10% 24,521 $1.3M No change
MRSH Marsh & McLennan Cos 0.10% 5,677 $1.3M No change
TMUS T-Mobile US Inc. 0.10% 6,091 $1.3M No change
KLAC KLA Corp. 0.10% 1,615 $1.3M No change
CI The Cigna Group 0.10% 3,525 $1.2M Reduce -0.8%
DELL Dell Technologies -C 0.10% 10,277 $1.2M Add +389.4%
PANW Palo Alto Networks Inc. 0.10% 3,537 $1.2M No change
GILD Gilead Sciences Inc. 0.10% 14,275 $1.2M No change
SCHW Schwab (charles) Corp. 0.10% 18,455 $1.2M No change
INTC Intel Corp. 0.09% 47,114 $1.1M No change
ANET Arista Networks Inc. 0.09% 2,841 $1.1M No change
PYPL PayPal Holdings Inc. 0.08% 13,321 $1.0M No change
ICE Intercontinental Exchange Inc. 0.08% 6,468 $1.0M No change
KKR KKR & Co. Inc. 0.08% 7,716 $1.0M New
HCA HCA Healthcare Inc. 0.08% 2,459 $999K No change
PLTR Palantir Technologies Inc. Class A 0.08% 25,806 $960K New
CVS CVS Health Corp. 0.08% 15,079 $948K No change
ZTS Zoetis Inc. 0.07% 4,777 $933K Reduce -12.6%
CMG Chipotle Mexican Grill Inc. 0.07% 15,950 $919K No change
CME Cme Group Inc. 0.07% 4,121 $909K No change
APH Amphenol Corp. Class A 0.07% 13,830 $901K No change
SNPS Synopsys Inc. 0.07% 1,744 $883K No change
MSI Motorola Solutions Inc. 0.07% 1,940 $872K No change
PNC PNC Financial Services Group 0.07% 4,715 $872K No change
MCO Moody's Corp. 0.07% 1,820 $864K No change
CDNS Cadence Design SYS Inc. 0.07% 3,151 $854K No change
ORLY O'reilly Automotive Inc. 0.07% 718 $827K No change
AON Aon PLC Class A 0.06% 2,350 $813K No change
BDX Becton Dickinson and Co. 0.06% 3,278 $790K No change
MCK McKesson Corp. 0.06% 1,588 $785K No change
MAR Marriott International Class A 0.06% 3,153 $784K No change
USB US Bancorp 0.06% 16,320 $746K No change
GM General Motors Co. 0.06% 16,595 $744K Reduce -3.5%
AFL Aflac Inc. 0.06% 6,499 $727K No change
CRWD CrowdStrike Holdings Inc. Class A 0.06% 2,582 $724K New
HLT Hilton Worldwide Holdings Inc. 0.06% 3,138 $723K No change
NXPI NXP Semiconductors NV 0.06% 2,981 $715K No change
DHI D.R. Horton Inc. 0.06% 3,646 $696K No change
ADSK Autodesk Inc. 0.06% 2,505 $690K No change
ROP Roper Technologies Inc. 0.05% 1,232 $686K No change
AIG American International Group 0.05% 9,349 $685K No change
AZO AutoZone Inc. 0.05% 217 $684K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.05% 2,404 $676K No change
TFC Truist Financial Corp. 0.05% 15,787 $675K No change
COF Capital One Financial Corp. 0.05% 4,466 $669K No change
ABNB Airbnb Inc. Class A 0.05% 5,140 $652K No change
MET Metlife Inc. 0.05% 7,775 $641K No change
TRV The Travelers Cos Inc. 0.05% 2,684 $628K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.05% 8,581 $617K No change
F Ford Motor Co. filed as FORD MTR CO 0.05% 58,324 $616K No change
ROST Ross Stores Inc. 0.05% 4,003 $602K No change
FIS Fidelity National Info Serv 0.05% 7,018 $588K No change
ALL Allstate Corp. 0.05% 3,081 $584K No change
FTNT Fortinet Inc. 0.05% 7,462 $579K No change
AMP Ameriprise Financial Inc. 0.05% 1,230 $578K No change
FICO Fair Isaac Corp. 0.05% 292 $568K No change
LEN Lennar Corp. Class A 0.04% 2,951 $553K No change
TEL Te Connectivity PLC 0.04% 3,660 $553K No change
MSCI MSCI Inc. 0.04% 919 $536K No change
PRU Prudential Financial Inc. 0.04% 4,319 $523K No change
IQV Iqvia Holdings Inc. 0.04% 2,194 $520K No change
A Agilent Technologies Inc. 0.04% 3,476 $516K No change
MCHP Microchip Technology Inc. 0.04% 6,365 $511K No change
IDXX Idexx Laboratories Inc. 0.04% 973 $492K No change
CNC Centene Corp. 0.04% 6,442 $485K No change
ACGL Arch Capital Group Ltd. 0.04% 4,271 $478K No change
MPWR Monolithic Power Systems Inc. 0.04% 516 $477K No change
EW Edwards Lifesciences Corp. 0.04% 7,197 $475K No change
IT Gartner Inc. 0.04% 923 $468K No change
HUM Humana Inc. 0.04% 1,462 $463K No change
CTSH Cognizant Tech Solutions-A 0.04% 5,913 $456K No change
YUM Yum! Brands Inc. 0.04% 3,231 $451K No change
RCL Royal Caribbean Cruises Ltd. 0.04% 2,537 $450K No change
DFS Discover Financial Services 0.04% 3,128 $439K No change
HIG Hartford Insurance Group Inc. 0.03% 3,657 $430K No change
EA Electronic Arts Inc. 0.03% 2,991 $429K No change
COR Cencora Inc. 0.03% 1,882 $424K No change
RMD Resmed Inc. 0.03% 1,706 $416K No change
EBAY eBay Inc. 0.03% 6,318 $411K No change
GEHC GE Healthcare Technology 0.03% 4,311 $405K No change
GLW Corning Inc. 0.03% 8,906 $402K No change
CHTR Charter Communications Inc. Class A 0.03% 1,218 $395K No change
MTD Mettler-Toledo International 0.03% 259 $388K No change
PHM Pultegroup Inc. 0.03% 2,627 $377K No change
TSCO Tractor Supply Company 0.03% 1,274 $371K No change
ON On Semiconductor 0.03% 5,029 $365K No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.03% 2,037 $363K No change
WTW Willis Towers Watson PLC 0.03% 1,227 $361K No change
HPQ HP Inc. 0.03% 10,049 $360K No change
STT State Street Corp. 0.03% 4,066 $360K No change
LULU Lululemon Athletica Inc. 0.03% 1,322 $359K No change
CDW CDW Corp. 0.03% 1,570 $355K No change
FITB Fifth Third Bancorp 0.03% 8,092 $347K No change
NVR NVR Inc. 0.03% 35 $343K No change
HWM Howmet Aerospace Inc. 0.03% 3,333 $334K No change
KEYS Keysight Technologies Inc. 0.03% 2,078 $330K No change
CAH Cardinal Health Inc. 0.03% 2,986 $330K No change
ERIE Erie Indemnity Company Class A 0.03% 607 $328K New
BIIB Biogen Inc. 0.03% 1,662 $322K No change
ANSS Ansys Inc. 0.03% 998 $318K No change
GRMN Garmin Ltd. 0.03% 1,789 $315K No change
GPN Global Payments Inc. 0.03% 3,073 $315K No change
NTAP Netapp Inc. 0.02% 2,525 $312K No change
HPE Hewlett Packard Enterprise 0.02% 14,896 $305K No change
DXCM Dexcom Inc. 0.02% 4,479 $300K No change
FSLR First Solar Inc. 0.02% 1,173 $293K No change
NDAQ Nasdaq Inc. 0.02% 3,915 $286K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.02% 2,607 $284K No change
DECK Deckers Outdoor Corp. 0.02% 1,776 $283K No change
TYL Tyler Technologies Inc. 0.02% 482 $281K No change
TTWO Take-Two Interactive Softwre 0.02% 1,830 $281K No change
BRO Brown & Brown Inc. 0.02% 2,703 $280K No change
STE Steris PLC 0.02% 1,151 $279K No change
RJF Raymond James Financial Inc. 0.02% 2,261 $277K No change
CPAY Corpay Inc. 0.02% 869 $272K No change
ZBH Zimmer Biomet Holdings Inc. 0.02% 2,417 $261K No change
EXPE Expedia Group Inc. 0.02% 1,752 $259K No change
RF Regions Financial Corp. 0.02% 11,063 $258K No change
SYF Synchrony Financial 0.02% 5,154 $257K No change
GDDY GoDaddy Inc. Class A 0.02% 1,634 $256K New
WST West Pharmaceutical Services 0.02% 853 $256K No change
MRNA Moderna Inc. 0.02% 3,828 $256K No change
WDC Western Digital Corp. 0.02% 3,717 $254K No change
COO The Cooper Cos Inc. 0.02% 2,292 $253K No change
WAT Waters Corp. 0.02% 700 $252K No change
HBAN Huntington Bancshares Inc. 0.02% 16,958 $249K No change
CBOE Cboe Global Markets Inc. 0.02% 1,210 $248K No change
CINF Cincinnati Financial Corp. 0.02% 1,818 $247K No change
STX Seagate Technology Holdings 0.02% 2,213 $242K No change
OMC Omnicom Group 0.02% 2,342 $242K No change
CFG Citizens Financial Group 0.02% 5,889 $242K No change
TER Teradyne Inc. 0.02% 1,793 $240K No change
TDY Teledyne Technologies Inc. 0.02% 544 $238K No change
BBY Best Buy Co. Inc. 0.02% 2,294 $237K New
SMCI Super Micro Computer Inc. 0.02% 560 $233K No change
GPC Genuine Parts Co. 0.02% 1,666 $233K No change
HOLX Hologic Inc. 0.02% 2,853 $232K No change
MOH Molina Healthcare Inc. 0.02% 670 $231K New
PFG Principal Financial Group 0.02% 2,678 $230K No change
LH Labcorp Holdings Inc. 0.02% 1,029 $230K No change
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 0.02% 3,185 $229K No change
DRI Darden Restaurants Inc. 0.02% 1,397 $229K No change
ULTA Ulta Beauty Inc. 0.02% 581 $226K No change
BAX Baxter International Inc. 0.02% 5,951 $226K New
ZBRA Zebra Technologies Corp. Class A 0.02% 603 $223K New
PTC PTC Inc. 0.02% 1,228 $222K No change
NTRS Northern Trust Corp. 0.02% 2,422 $218K No change
CCL Carnival Corp. 0.02% 11,746 $217K No change
ALGN Align Technology Inc. 0.02% 849 $216K No change
WBD Warner Bros Discovery Inc. 0.02% 25,966 $214K No change
FOXA Fox Corp. Class A 0.02% 4,918 $208K New
FDS Factset Research Systems Inc. 0.02% 439 $202K New
VRSN Verisign Inc. 0.02% 1,054 $200K New
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.02% 3,529 $200K New
KEY Keycorp 0.02% 11,501 $193K No change
VTRS Viatris Inc. 0.01% 14,170 $165K No change

Portfolio Sells Q2 2024 → Q3 2024
GOOG Alphabet Inc. Class C Reduce -1.1% 1.65% −0.28
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.2% 55.58% −0.23
XLE SS Energy Select Sector Reduce -0.1% 1.49% −0.14
WFC Wells Fargo & Co. Reduce -8.3% 0.19% −0.04
BAC Bank of America Corp. Reduce -3.1% 0.25% −0.02
JPM JPMorgan Chase & Co. Reduce -2.3% 0.56% −0.02
DPZ Domino's Pizza Inc. Sold out 0.00% −0.02
V Visa Inc. Class A Reduce -2.0% 0.40% −0.01
GM General Motors Co. Reduce -3.5% 0.06% −0.01
ZTS Zoetis Inc. Reduce -12.6% 0.07% −0.01
NFLX Netflix Inc. Reduce -0.3% 0.29% −0.00
BKNG Booking Holdings Inc. Reduce -2.1% 0.14% −0.00
CI The Cigna Group Reduce -0.8% 0.10% −0.00
FISV Fiserv Inc. Reduce -0.8% 0.11% +0.01
AXP American Express Co. Reduce -0.5% 0.15% +0.01
META Meta Platforms Inc. Class A Reduce -0.3% 1.17% +0.08
AAPL Apple Inc. Reduce -1.6% 3.10% +0.09
XLI SS Industrial Select Sector Reduce -0.8% 3.81% +0.16

Portfolio Buys Q2 2024 → Q3 2024
KKR KKR & Co. Inc. New 0.08% +0.08
PLTR Palantir Technologies Inc. Class A New 0.08% +0.08
DELL Dell Technologies -C Add +389.4% 0.10% +0.07
CRWD CrowdStrike Holdings Inc. Class A New 0.06% +0.06
ERIE Erie Indemnity Company Class A New 0.03% +0.03
GDDY GoDaddy Inc. Class A New 0.02% +0.02
BBY Best Buy Co. Inc. New 0.02% +0.02
MOH Molina Healthcare Inc. New 0.02% +0.02
BAX Baxter International Inc. New 0.02% +0.02
ZBRA Zebra Technologies Corp. Class A New 0.02% +0.02
FOXA Fox Corp. Class A New 0.02% +0.02
FDS Factset Research Systems Inc. New 0.02% +0.02
WRB WR Berkley Corp. New 0.02% +0.02
VRSN Verisign 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