Trust Asset Management LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 20, 2026), Trust Asset Management LLC reported 225 stock positions worth $1.4 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 56.1% of the portfolio, followed by SS Industrial Select Sector (XLI, 4.0%) and Nvidia (NVDA, 3.4%). Compared with Q4 2025, it opened 10 new positions, sold out of 11, added to 2 and reduced 9. The biggest buy was a new position in AppLovin Class A (APP) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −1%).

Most Recent 13F
Q2 2026
Location
HOUSTON, TX
CIK
0001608376
Portfolio Value
$1.4B (Q1 2026)
SEC Filing
0001608376-26-000001 ↗ filed Apr 20, 2026

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 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 $1.4B Q1 2026 Q2 2026: $1.6B Q2 2026

Holdings 225 stocks · $1.4B
SPY SS SPDR S&P 500 ETF Trust-US 56.09% 1,204,318 $783.2M Reduce -0.6%
XLI SS Industrial Select Sector 3.96% 342,261 $55.4M No change
NVDA Nvidia Corp. 3.40% 272,131 $47.5M Reduce -0.1%
AAPL Apple Inc. 3.05% 167,592 $42.5M Reduce -0.0%
GOOG Alphabet Inc. Class C 2.41% 117,119 $33.6M Reduce -0.0%
XLP SS Consumer Staples Sel Sect 2.30% 391,133 $32.1M Reduce -0.1%
MSFT Microsoft Corp. 2.19% 82,545 $30.6M No change
XLE SS Energy Select Sector 1.79% 407,428 $25.0M Reduce -0.1%
AMZN Amazon.com Inc. 1.55% 104,149 $21.7M No change
AVGO Broadcom Inc. 1.15% 51,861 $16.1M No change
XLU St Sr Utl SL SE SPDR ETF-Usd 1.12% 339,968 $15.6M No change
META Meta Platforms Inc. Class A 0.99% 24,194 $13.8M No change
XLB SS Materials Select Sector 0.89% 248,974 $12.4M No change
XLRE SS Real Estate Select Sector 0.83% 285,208 $11.6M No change
TSLA Tesla Inc. 0.83% 31,007 $11.5M No change
BRK.B Berkshire Hathaway Inc. Class B 0.70% 20,344 $9.7M No change
JPM JPMorgan Chase & Co. 0.66% 31,206 $9.2M Reduce -0.0%
LLY Eli Lilly & Co. 0.58% 8,752 $8.0M No change
JNJ Johnson & Johnson 0.47% 26,761 $6.5M No change
V Visa Inc. Class A 0.41% 19,164 $5.8M No change
NFLX Netflix Inc. 0.33% 47,480 $4.6M No change
MA Mastercard Inc. Class A 0.33% 9,113 $4.6M No change
ABBV Abbvie Inc. 0.31% 19,622 $4.3M No change
MU Micron Technology Inc. 0.30% 12,298 $4.2M No change
AMD Advanced Micro Devices 0.26% 18,022 $3.7M No change
HD Home Depot Inc. 0.26% 11,034 $3.6M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.26% 74,211 $3.6M No change
CSCO Cisco Systems Inc. 0.25% 44,345 $3.4M No change
MRK Merck & Co. Inc. 0.24% 28,072 $3.4M No change
PLTR Palantir Technologies Inc. Class A 0.24% 22,968 $3.4M No change
WFC Wells Fargo & Co. 0.23% 39,458 $3.1M Reduce -0.1%
AMAT Applied Materials Inc. 0.22% 9,159 $3.1M No change
LRCX Lam Research Corp. 0.22% 14,328 $3.1M No change
GS Goldman Sachs Group Inc. 0.21% 3,485 $2.9M No change
C Citigroup Inc. 0.21% 25,465 $2.9M No change
UNH Unitedhealth Group Inc. 0.20% 10,210 $2.8M No change
ORCL Oracle Corp. 0.19% 17,849 $2.6M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.18% 10,253 $2.5M No change
MCD McDonald's Corp. 0.18% 7,966 $2.5M No change
VZ Verizon Communications Inc. 0.17% 46,722 $2.3M No change
T AT&T Inc. 0.17% 79,591 $2.3M No change
MS Morgan Stanley 0.16% 13,779 $2.3M No change
KLAC KLA Corp. 0.16% 1,490 $2.2M No change
INTC Intel Corp. 0.15% 47,715 $2.1M No change
AMGN Amgen Inc. 0.15% 5,964 $2.1M No change
TMO Thermo Fisher Scientific Inc. 0.15% 4,253 $2.1M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.14% 12,548 $2.0M No change
CRM Salesforce Inc. 0.14% 10,637 $2.0M No change
ABT Abbott Laboratories 0.14% 19,275 $2.0M No change
TXN Texas Instruments Inc. 0.14% 10,117 $2.0M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.14% 20,117 $1.9M No change
GILD Gilead Sciences Inc. 0.14% 13,826 $1.9M No change
AXP American Express Co. 0.13% 6,182 $1.9M No change
ISRG Intuitive Surgical Inc. 0.13% 3,952 $1.8M No change
PFE Pfizer Inc. 0.13% 62,899 $1.8M No change
ADI Analog Devices Inc. 0.13% 5,524 $1.8M No change
APH Amphenol Corp. Class A 0.12% 13,389 $1.7M No change
QCOM Qualcomm Inc. 0.11% 12,323 $1.6M No change
SCHW Schwab (charles) Corp. 0.11% 16,781 $1.6M No change
BLK BlackRock Inc. 0.11% 1,621 $1.6M No change
BKNG Booking Holdings Inc. 0.11% 367 $1.5M No change
SPGI S&P Global Inc. 0.11% 3,533 $1.5M No change
LOW Lowe's Cos Inc. 0.11% 6,306 $1.5M No change
ANET Arista Networks Inc. 0.10% 11,427 $1.4M No change
ACN Accenture PLC Class A 0.10% 6,937 $1.4M No change
BMY Bristol-Myers Squibb Co. 0.10% 22,617 $1.4M No change
CB Chubb Ltd. 0.10% 4,171 $1.4M No change
DHR Danaher Corp. 0.10% 7,146 $1.4M No change
INTU Intuit Inc. 0.10% 3,108 $1.3M No change
COF Capital One Financial Corp. 0.09% 7,100 $1.3M No change
PGR Progressive Corp. 0.09% 6,498 $1.3M No change
VRTX Vertex Pharmaceuticals Inc. 0.09% 2,856 $1.3M No change
SYK Stryker Corp. 0.09% 3,805 $1.3M No change
MDT Medtronic PLC 0.09% 14,302 $1.2M No change
MCK McKesson Corp. 0.09% 1,417 $1.2M No change
CMCSA Comcast Corp. Class A 0.09% 42,410 $1.2M No change
APP AppLovin Corp. Class A 0.09% 3,012 $1.2M New
NOW ServiceNow Inc. 0.09% 11,435 $1.2M No change
ADBE Adobe Inc. 0.09% 4,882 $1.2M No change
CME Cme Group Inc. 0.08% 3,998 $1.2M No change
GLW Corning Inc. 0.08% 8,563 $1.2M No change
PANW Palo Alto Networks Inc. 0.08% 7,238 $1.2M No change
TMUS T-Mobile US Inc. 0.08% 5,412 $1.1M No change
SBUX Starbucks Corp. 0.08% 12,609 $1.1M No change
WDC Western Digital Corp. 0.07% 3,819 $1.0M No change
BSX Boston Scientific Corp. 0.07% 16,333 $1.0M No change
CRWD CrowdStrike Holdings Inc. Class A 0.07% 2,594 $1.0M Add +0.2%
CVS CVS Health Corp. 0.07% 14,022 $1.0M No change
ICE Intercontinental Exchange Inc. 0.07% 6,362 $1.0M No change
SNDK Sandisk Corp. 0.07% 1,551 $985K New
GM General Motors Co. 0.07% 12,981 $967K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.07% 8,073 $958K No change
HCA HCA Healthcare Inc. 0.07% 2,019 $955K No change
MRSH Marsh & McLennan Cos 0.07% 5,454 $946K No change
BX Blackstone Inc. 0.07% 8,024 $923K No change
PNC PNC Financial Services Group 0.07% 4,414 $919K No change
STX Seagate Technology Holdings 0.07% 2,333 $914K No change
REGN Regeneron Pharmaceuticals 0.06% 1,168 $902K No change
USB US Bancorp 0.06% 17,182 $894K No change
ORLY O'reilly Automotive Inc. 0.06% 9,668 $892K No change
CDNS Cadence Design SYS Inc. 0.06% 3,043 $846K No change
MAR Marriott International Class A 0.06% 2,571 $841K No change
HLT Hilton Worldwide Holdings Inc. 0.06% 2,727 $829K No change
CI The Cigna Group 0.06% 3,085 $823K No change
SNPS Synopsys Inc. 0.06% 2,033 $806K No change
MSI Motorola Solutions Inc. 0.06% 1,857 $806K No change
ROST Ross Stores Inc. 0.06% 3,694 $800K No change
AON Aon PLC Class A 0.06% 2,390 $771K No change
ELV Elevance Health Inc. 0.05% 2,584 $756K No change
MCO Moody's Corp. 0.05% 1,731 $755K No change
RCL Royal Caribbean Cruises Ltd. 0.05% 2,725 $750K No change
TRV The Travelers Cos Inc. 0.05% 2,524 $736K No change
NKE Nike Inc. Class B 0.05% 13,275 $701K No change
TEL Te Connectivity PLC 0.05% 3,336 $697K No change
KKR KKR & Co. Inc. 0.05% 7,496 $693K No change
WBD Warner Bros Discovery Inc. 0.05% 24,981 $686K No change
TFC Truist Financial Corp. 0.05% 14,747 $678K No change
AZO AutoZone Inc. 0.05% 189 $638K No change
AFL Aflac Inc. 0.04% 5,596 $614K No change
COR Cencora Inc. 0.04% 1,949 $612K No change
ALL Allstate Corp. 0.04% 2,942 $610K No change
ABNB Airbnb Inc. Class A 0.04% 4,815 $608K No change
HOOD Robinhood Markets Inc. Class A 0.04% 8,672 $601K New
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.04% 2,767 $599K No change
ZTS Zoetis Inc. 0.04% 5,000 $591K No change
MPWR Monolithic Power Systems Inc. 0.04% 537 $587K No change
FTNT Fortinet Inc. 0.04% 7,086 $579K No change
ADSK Autodesk Inc. 0.04% 2,388 $572K No change
CAH Cardinal Health Inc. 0.04% 2,701 $571K No change
DASH DoorDash Inc. Class A 0.04% 3,776 $567K No change
AIG American International Group 0.04% 7,531 $567K No change
DELL Dell Technologies -C 0.04% 3,407 $559K Reduce -0.3%
NXPI NXP Semiconductors NV 0.04% 2,823 $556K No change
APO Apollo Global Management Inc. 0.04% 4,972 $554K No change
KEYS Keysight Technologies Inc. 0.04% 1,931 $545K No change
EA Electronic Arts Inc. 0.04% 2,660 $542K No change
F Ford Motor Co. filed as FORD MTR CO 0.04% 46,668 $539K No change
TER Teradyne Inc. 0.04% 1,800 $534K No change
EW Edwards Lifesciences Corp. 0.04% 6,582 $527K No change
IDXX Idexx Laboratories Inc. 0.04% 910 $511K No change
PYPL PayPal Holdings Inc. 0.04% 11,143 $504K No change
BDX Becton Dickinson and Co. 0.04% 3,203 $504K No change
CVNA Carvana Co. 0.04% 1,557 $489K New
EBAY eBay Inc. 0.04% 5,362 $488K No change
CMG Chipotle Mexican Grill Inc. 0.03% 15,113 $484K No change
AMP Ameriprise Financial Inc. 0.03% 1,085 $482K No change
YUM Yum! Brands Inc. 0.03% 3,098 $482K No change
MSCI MSCI Inc. 0.03% 870 $469K No change
MET Metlife Inc. 0.03% 6,524 $461K No change
DHI D.R. Horton Inc. 0.03% 3,249 $446K No change
HIG Hartford Insurance Group Inc. 0.03% 3,238 $438K No change
DDOG Datadog Inc. Class A 0.03% 3,638 $429K New
ROP Roper Technologies Inc. 0.03% 1,191 $421K No change
STT State Street Corp. 0.03% 3,303 $418K No change
COIN Coinbase Global Inc. Class A 0.03% 2,317 $405K No change
ACGL Arch Capital Group Ltd. 0.03% 4,152 $399K No change
GRMN Garmin Ltd. 0.03% 1,715 $398K No change
PRU Prudential Financial Inc. 0.03% 3,968 $388K No change
NDAQ Nasdaq Inc. 0.03% 4,555 $387K No change
MCHP Microchip Technology Inc. 0.03% 5,978 $386K No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.03% 1,844 $381K No change
GEHC GE Healthcare Technology 0.03% 5,160 $367K No change
XYZ Block Inc. 0.03% 6,081 $366K New
RMD Resmed Inc. 0.03% 1,630 $366K No change
A Agilent Technologies Inc. 0.03% 3,201 $365K No change
TPR Tapestry Inc. 0.03% 2,577 $364K No change
TTWO Take-Two Interactive Softwre 0.03% 1,818 $359K No change
FISV Fiserv Inc. 0.03% 6,318 $353K No change
FITB Fifth Third Bancorp 0.02% 7,466 $347K No change
HPE Hewlett Packard Enterprise 0.02% 14,414 $343K No change
CTSH Cognizant Tech Solutions-A 0.02% 5,513 $338K No change
JBL Jabil Inc. 0.02% 1,262 $335K No change
IQV Iqvia Holdings Inc. 0.02% 1,929 $329K No change
IBKR Interactive Brokers Gro Class A 0.02% 4,884 $328K New
CBOE Cboe Global Markets Inc. 0.02% 1,163 $327K No change
WTW Willis Towers Watson PLC 0.02% 1,122 $326K No change
WAT Waters Corp. 0.02% 1,091 $325K Add +65.3%
EXPE Expedia Group Inc. 0.02% 1,387 $320K No change
TDY Teledyne Technologies Inc. 0.02% 519 $314K No change
NTRS Northern Trust Corp. 0.02% 2,206 $308K No change
WDAY Workday Inc. Class A 0.02% 2,367 $308K No change
CCL Carnival Corp. 0.02% 11,543 $299K No change
MTD Mettler-Toledo International 0.02% 236 $298K No change
SYF Synchrony Financial 0.02% 4,363 $297K No change
CFG Citizens Financial Group 0.02% 4,948 $297K No change
BIIB Biogen Inc. 0.02% 1,617 $296K No change
RJF Raymond James Financial Inc. 0.02% 2,040 $295K No change
ON On Semiconductor 0.02% 4,723 $292K No change
FICO Fair Isaac Corp. 0.02% 272 $290K No change
FIS Fidelity National Info Serv 0.02% 6,030 $283K No change
ULTA Ulta Beauty Inc. 0.02% 525 $274K No change
CINF Cincinnati Financial Corp. 0.02% 1,737 $273K No change
DXCM Dexcom Inc. 0.02% 4,335 $272K No change
OMC Omnicom Group 0.02% 3,598 $271K No change
PHM Pultegroup Inc. 0.02% 2,292 $270K No change
TSCO Tractor Supply Company 0.02% 5,947 $269K No change
Q Qnity Electronics Inc. 0.02% 2,300 $265K New
RF Regions Financial Corp. 0.02% 10,124 $264K No change
LYV Live Nation Entertainment Inc. 0.02% 1,732 $264K No change
DRI Darden Restaurants Inc. 0.02% 1,307 $256K No change
HBAN Huntington Bancshares Inc. 0.02% 16,155 $253K No change
LH Labcorp Holdings Inc. 0.02% 933 $249K No change
ARES Ares Management Corp. Class A 0.02% 2,269 $248K New
WSM Williams-Sonoma Inc. 0.02% 1,356 $247K No change
DGX Quest Diagnostics Inc. 0.02% 1,238 $243K No change
STE Steris PLC 0.02% 1,096 $242K No change
NTAP Netapp Inc. 0.02% 2,282 $234K No change
FSLR First Solar Inc. 0.02% 1,183 $233K No change
CHTR Charter Communications Inc. Class A 0.02% 1,079 $233K No change
HUM Humana Inc. 0.02% 1,343 $233K No change
LEN Lennar Corp. Class A 0.02% 2,660 $231K No change
VRSN Verisign Inc. 0.02% 927 $230K No change
FOXA Fox Corp. Class A 0.02% 3,922 $229K No change
CPAY Corpay Inc. 0.02% 781 $227K No change
NVR NVR Inc. 0.02% 34 $224K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.02% 2,469 $223K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.02% 3,346 $222K No change
KEY Keycorp 0.02% 10,967 $220K No change
L Loews Corp. 0.02% 2,014 $215K No change
PFG Principal Financial Group 0.02% 2,352 $212K No change
LVS Las Vegas Sands Corp. 0.01% 3,822 $206K No change
HPQ HP Inc. 0.01% 10,595 $204K No change
WST West Pharmaceutical Services 0.01% 805 $202K No change
ZBH Zimmer Biomet Holdings Inc. 0.01% 2,220 $201K New
VTRS Viatris Inc. 0.01% 13,268 $179K No change

Portfolio Sells Q4 2025 → Q1 2026
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.6% 56.09% −0.28
GOOG Alphabet Inc. Class C Reduce -0.0% 2.41% −0.10
NVDA Nvidia Corp. Reduce -0.1% 3.40% −0.06
AAPL Apple Inc. Reduce -0.0% 3.05% −0.06
JPM JPMorgan Chase & Co. Reduce -0.0% 0.66% −0.03
WFC Wells Fargo & Co. Reduce -0.1% 0.23% −0.03
LULU Lululemon Athletica Inc. Sold out 0.00% −0.02
CNC Centene Corp. Sold out 0.00% −0.02
PTC PTC Inc. Sold out 0.00% −0.02
PODD Insulet Corp. Sold out 0.00% −0.02
GPN Global Payments Inc. Sold out 0.00% −0.01
IT Gartner Inc. Sold out 0.00% −0.01
TYL Tyler Technologies Inc. Sold out 0.00% −0.01
BRO Brown & Brown Inc. Sold out 0.00% −0.01
TRMB Trimble Inc. Sold out 0.00% −0.01
CDW CDW Corp. Sold out 0.00% −0.01
APTV Aptiv PLC Sold out 0.00% −0.01
DELL Dell Technologies -C Reduce -0.3% 0.04% +0.01
XLP SS Consumer Staples Sel Sect Reduce -0.1% 2.30% +0.22
XLE SS Energy Select Sector Reduce -0.1% 1.79% +0.54

Portfolio Buys Q4 2025 → Q1 2026
APP AppLovin Corp. Class A New 0.09% +0.09
SNDK Sandisk Corp. New 0.07% +0.07
HOOD Robinhood Markets Inc. Class A New 0.04% +0.04
CVNA Carvana Co. New 0.04% +0.04
DDOG Datadog Inc. Class A New 0.03% +0.03
XYZ Block Inc. New 0.03% +0.03
IBKR Interactive Brokers Gro Class A New 0.02% +0.02
Q Qnity Electronics Inc. New 0.02% +0.02
ARES Ares Management Corp. Class A New 0.02% +0.02
ZBH Zimmer Biomet Holdings Inc. New 0.01% +0.01
WAT Waters Corp. Add +65.3% 0.02% +0.01
CRWD CrowdStrike Holdings Inc. Class A Add +0.2% 0.07% −0.01

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