Wernau Asset Management Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Wernau Asset Management Inc. reported 43 stock positions worth $88.4 million. Its top holding was Apple (AAPL) at 22.1% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 12.2%) and Berkshire Hathaway Class B (BRK.B, 8.0%). Compared with Q1 2025, it sold out of 3, added to 2 and reduced 33. The biggest buy was Eli Lilly (LLY, shares +2%) and the biggest sale Apple (AAPL, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- Gloucester, MA
- CIK
- 0002053236
- Portfolio Value
- $88.4M (Q2 2025)
- SEC Filing
- 0001172661-25-003031 ↗ filed Aug 12, 2025
Holdings Value
Holdings 43 stocks · $88.4M
| AAPL Apple Inc. | 22.10% | 95,228 | $19.5M | Reduce -7.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 12.16% | 17,408 | $10.8M | Reduce -2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 7.97% | 14,504 | $7.0M | Reduce -13.5% |
| MSFT Microsoft Corp. | 7.20% | 12,797 | $6.4M | Reduce -7.1% |
| GOOG Alphabet Inc. Class C | 4.86% | 24,224 | $4.3M | Reduce -20.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 4.60% | 85,967 | $4.1M | Reduce -12.4% |
| PFE Pfizer Inc. | 3.41% | 124,324 | $3.0M | Reduce -24.9% |
| JPM JPMorgan Chase & Co. | 3.31% | 10,108 | $2.9M | Reduce -12.6% |
| T AT&T Inc. | 2.98% | 91,103 | $2.6M | Reduce -27.1% |
| AMZN Amazon.com Inc. | 2.55% | 10,279 | $2.3M | Reduce -9.2% |
| PG The Procter & Gamble Co. | 2.50% | 13,871 | $2.2M | Reduce -5.8% |
| UTL Unitil Corp. | 2.46% | 41,674 | $2.2M | Reduce -15.6% |
| VTWO Vanguard Russell 2000 ETF | 2.21% | 22,385 | $2.0M | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 2.02% | 10,116 | $1.8M | No change |
| CSCO Cisco Systems Inc. | 1.66% | 21,196 | $1.5M | Reduce -14.7% |
| KKR KKR & Co. Inc. | 1.60% | 10,651 | $1.4M | Reduce -16.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.44% | 10,269 | $1.3M | Reduce -34.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.18% | 3,719 | $1.0M | Reduce -6.1% |
| VZ Verizon Communications Inc. | 1.14% | 23,231 | $1.0M | Reduce -7.8% |
| SCHF Schwab Intl Equity ETF | 1.13% | 45,246 | $1000K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.97% | 17,328 | $857K | Reduce -11.3% |
| SCHD Schwab US DVD Equity ETF | 0.94% | 31,209 | $827K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.89% | 2,656 | $783K | Reduce -0.3% |
| SCHB Schwab US Broad Market ETF | 0.76% | 28,194 | $672K | No change |
| GLD SPDR Gold Shares | 0.70% | 2,037 | $621K | Reduce -0.4% |
| NVDA Nvidia Corp. | 0.70% | 3,890 | $615K | Reduce -18.7% |
| XOM Exxon Mobil Corp. | 0.66% | 5,398 | $582K | Add +0.5% |
| ED Consolidated Edison Inc. | 0.59% | 5,184 | $520K | Reduce -4.8% |
| IWF iShares Russell 1000 Growth | 0.54% | 1,132 | $481K | No change |
| SAM Boston Beer Company Inc. Class A | 0.54% | 2,500 | $477K | No change |
| KMI Kinder Morgan Inc. | 0.51% | 15,203 | $447K | Reduce -34.4% |
| IWB iShares Russell 1000 ETF | 0.41% | 1,060 | $360K | No change |
| LLY Eli Lilly & Co. | 0.38% | 436 | $340K | Add +2.4% |
| NFLX Netflix Inc. | 0.38% | 251 | $337K | Reduce -32.7% |
| XLF SS Financial Select Sector | 0.37% | 6,313 | $331K | Reduce -13.7% |
| SHY iShares 1-3 Year Treasury Bo | 0.37% | 3,918 | $325K | Reduce -5.3% |
| F Ford Motor Co. filed as FORD MTR CO | 0.32% | 25,896 | $281K | Reduce -23.5% |
| EEM iShares MSCI Emerging Market | 0.30% | 5,440 | $262K | Reduce -26.9% |
| SBUX Starbucks Corp. | 0.25% | 2,456 | $225K | Reduce -11.1% |
| ABBV Abbvie Inc. | 0.25% | 1,212 | $225K | Reduce -17.7% |
| PBA Pembina Pipeline Corp. | 0.24% | 5,669 | $213K | Reduce -10.0% |
| TIP iShares Tips Bond ETF | 0.24% | 1,904 | $210K | No change |
| NLY Annaly Capital Management Inc. | 0.23% | 10,585 | $199K | Reduce -8.1% |
Options reported separately and not counted above: SPY puts ($38.9M), AAPL puts ($16.1M), PFE puts ($485K).
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -7.0% | 22.10% | −1.43 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -13.5% | 7.97% | −1.27 |
| PFE Pfizer Inc. | Reduce -24.9% | 3.41% | −0.93 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.68 |
| T AT&T Inc. | Reduce -27.1% | 2.98% | −0.67 |
| UTL Unitil Corp. | Reduce -15.6% | 2.46% | −0.49 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.33 |
| KMI Kinder Morgan Inc. | Reduce -34.4% | 0.51% | −0.18 |
| DIS The Walt Disney Co. | Reduce -34.5% | 1.44% | −0.16 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.16 |
| PG The Procter & Gamble Co. | Reduce -5.8% | 2.50% | −0.10 |
| ABBV Abbvie Inc. | Reduce -17.7% | 0.25% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -20.3% | 4.86% | −0.05 |
| VZ Verizon Communications Inc. | Reduce -7.8% | 1.14% | −0.05 |
| EEM iShares MSCI Emerging Market | Reduce -26.9% | 0.30% | −0.04 |
| ED Consolidated Edison Inc. | Reduce -4.8% | 0.59% | −0.03 |
| F Ford Motor Co. | Reduce -23.5% | 0.32% | −0.03 |
| SBUX Starbucks Corp. | Reduce -11.1% | 0.25% | −0.03 |
| PBA Pembina Pipeline Corp. | Reduce -10.0% | 0.24% | −0.02 |
| NLY Annaly Capital Management Inc. | Reduce -8.1% | 0.23% | −0.02 |
| XLF SS Financial Select Sector | Reduce -13.7% | 0.37% | −0.00 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -5.3% | 0.37% | +0.01 |
| NFLX Netflix Inc. | Reduce -32.7% | 0.38% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -11.3% | 0.97% | +0.05 |
| CSCO Cisco Systems Inc. | Reduce -14.7% | 1.66% | +0.08 |
| KKR KKR & Co. Inc. | Reduce -16.0% | 1.60% | +0.09 |
| GLD SPDR Gold Shares | Reduce -0.4% | 0.70% | +0.09 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -6.1% | 1.18% | +0.12 |
| NVDA Nvidia Corp. | Reduce -18.7% | 0.70% | +0.16 |
| IBM Intl Business Machines Corp. | Reduce -0.3% | 0.89% | +0.20 |
| VTWO Vanguard Russell 2000 ETF | Reduce -3.4% | 2.21% | +0.27 |
| AMZN Amazon.com Inc. | Reduce -9.2% | 2.55% | +0.32 |
| BAC Bank of America Corp. | Reduce -12.4% | 4.60% | +0.36 |
| JPM JPMorgan Chase & Co. | Reduce -12.6% | 3.31% | +0.38 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.6% | 12.16% | +1.82 |
| MSFT Microsoft Corp. | Reduce -7.1% | 7.20% | +1.85 |
Portfolio Buys Q1 2025 → Q2 2025
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +74.7% | 62,900 | $38.9M |
| AAPL Apple Inc. | put | Add +59.4% | 78,600 | $16.1M |
| PFE Pfizer Inc. | put | Add +100.0% | 20,000 | $485K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 48 | $105.5M | AAPL, SPY, GOOG, BRK.B, MSFT |
| Q1 2026 | 47 | $96.1M | AAPL, SPY, BRK.B, GOOG, MSFT |
| Q4 2025 | 46 | $100.7M | AAPL, SPY, BRK.B, GOOG, MSFT |
| Q3 2025 | 46 | $96.6M | AAPL, SPY, BRK.B, MSFT, GOOG |
| Q2 2025 | 43 | $88.4M | AAPL, SPY, BRK.B, MSFT, GOOG |
| Q1 2025 | 46 | $96.7M | AAPL, SPY, BRK.B, MSFT, GOOG |
| Q4 2024 | 47 | $103.3M | AAPL, SPY, BRK.B, MSFT, GOOG |