Wernau Asset Management Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), Wernau Asset Management Inc. reported 46 stock positions worth $100.7 million. Its top holding was Apple (AAPL) at 25.3% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 11.5%) and Berkshire Hathaway Class B (BRK.B, 7.2%). Compared with Q3 2025, it added to 24 and reduced 10. The biggest buy was Alphabet Class A (GOOGL, shares +4%) and the biggest sale Pfizer (PFE, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- Gloucester, MA
- CIK
- 0002053236
- Portfolio Value
- $100.7M (Q4 2025)
- SEC Filing
- 0001172661-26-000240 ↗ filed Jan 21, 2026
Holdings Value
Holdings 46 stocks · $100.7M
| AAPL Apple Inc. | 25.28% | 93,615 | $25.5M | Reduce -0.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 11.48% | 16,948 | $11.6M | Reduce -1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 7.22% | 14,468 | $7.3M | Add +3.0% |
| GOOG Alphabet Inc. Class C | 7.14% | 22,902 | $7.2M | Reduce -0.9% |
| MSFT Microsoft Corp. | 6.10% | 12,697 | $6.1M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 4.52% | 82,732 | $4.6M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 3.17% | 10,206 | $3.2M | Add +3.7% |
| JPM JPMorgan Chase & Co. | 3.07% | 9,591 | $3.1M | Add +0.2% |
| PFE Pfizer Inc. | 2.82% | 113,882 | $2.8M | Reduce -6.8% |
| AMZN Amazon.com Inc. | 2.34% | 10,188 | $2.4M | Add +3.3% |
| VTWO Vanguard Russell 2000 ETF | 2.26% | 22,871 | $2.3M | Add +2.2% |
| UTL Unitil Corp. | 2.08% | 43,252 | $2.1M | Add +1.2% |
| T AT&T Inc. | 2.04% | 82,526 | $2.0M | Add +0.3% |
| PG The Procter & Gamble Co. | 1.88% | 13,220 | $1.9M | Add +1.9% |
| CSCO Cisco Systems Inc. | 1.50% | 19,626 | $1.5M | No change |
| KKR KKR & Co. Inc. | 1.36% | 10,773 | $1.4M | Add +1.2% |
| SCHF Schwab Intl Equity ETF | 1.11% | 46,540 | $1.1M | Add +2.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.10% | 3,822 | $1.1M | Add +2.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.09% | 9,625 | $1.1M | Reduce -0.4% |
| VWO Vanguard Ftse Emerging Marke | 0.95% | 17,712 | $952K | Add +2.2% |
| VZ Verizon Communications Inc. | 0.87% | 21,589 | $879K | Reduce -3.6% |
| SCHD Schwab US DVD Equity ETF | 0.87% | 32,016 | $878K | Add +2.6% |
| GLD SPDR Gold Shares | 0.81% | 2,049 | $812K | Add +1.0% |
| NVDA Nvidia Corp. | 0.70% | 3,797 | $708K | Add +0.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.69% | 2,348 | $696K | No change |
| SCHB Schwab US Broad Market ETF | 0.66% | 25,320 | $664K | Reduce -10.2% |
| XOM Exxon Mobil Corp. | 0.65% | 5,464 | $658K | Add +0.9% |
| IWF iShares Russell 1000 Growth | 0.53% | 1,132 | $536K | No change |
| ED Consolidated Edison Inc. | 0.51% | 5,184 | $515K | No change |
| SAM Boston Beer Company Inc. Class A | 0.48% | 2,500 | $488K | No change |
| LLY Eli Lilly & Co. | 0.47% | 436 | $469K | No change |
| KMI Kinder Morgan Inc. | 0.42% | 15,364 | $422K | Add +1.4% |
| IWB iShares Russell 1000 ETF | 0.39% | 1,060 | $396K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.34% | 1,009 | $338K | Reduce -6.9% |
| XLF SS Financial Select Sector | 0.33% | 6,122 | $335K | No change |
| SHY iShares 1-3 Year Treasury Bo | 0.33% | 3,990 | $330K | Add +1.8% |
| F Ford Motor Co. filed as FORD MTR CO | 0.30% | 23,184 | $304K | Reduce -9.6% |
| EEM iShares MSCI Emerging Market | 0.30% | 5,440 | $298K | No change |
| ABBV Abbvie Inc. | 0.28% | 1,238 | $283K | Add +2.1% |
| NFLX Netflix Inc. | 0.25% | 2,663 | $250K | Add +6.1% |
| NLY Annaly Capital Management Inc. | 0.24% | 10,687 | $239K | Add +0.6% |
| TIP iShares Tips Bond ETF | 0.22% | 1,977 | $217K | Add +3.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.21% | 350 | $215K | No change |
| SBUX Starbucks Corp. | 0.21% | 2,525 | $213K | Add +2.8% |
| PBA Pembina Pipeline Corp. | 0.21% | 5,572 | $212K | No change |
| SCHX Schwab US Large-Cap ETF | 0.21% | 7,692 | $207K | No change |
Options reported separately and not counted above: SPY puts ($63.6M), AAPL puts ($20.3M), PFE puts ($311K).
Portfolio Sells Q3 2025 → Q4 2025
| PFE Pfizer Inc. | Reduce -6.8% | 2.82% | −0.40 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.3% | 11.48% | −0.36 |
| VZ Verizon Communications Inc. | Reduce -3.6% | 0.87% | −0.15 |
| SCHB Schwab US Broad Market ETF | Reduce -10.2% | 0.66% | −0.09 |
| DIS The Walt Disney Co. | Reduce -0.4% | 1.09% | −0.06 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -6.9% | 0.34% | −0.03 |
| F Ford Motor Co. | Reduce -9.6% | 0.30% | −0.02 |
| BAC Bank of America Corp. | Reduce -1.1% | 4.52% | +0.06 |
| AAPL Apple Inc. | Reduce -0.7% | 25.28% | +0.45 |
| GOOG Alphabet Inc. Class C | Reduce -0.9% | 7.14% | +1.31 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +3.7% | 3.17% | +0.70 |
| AMZN Amazon.com Inc. | Add +3.3% | 2.34% | +0.09 |
| GLD SPDR Gold Shares | Add +1.0% | 0.81% | +0.06 |
| SCHF Schwab Intl Equity ETF | Add +2.9% | 1.11% | +0.02 |
| XOM Exxon Mobil Corp. | Add +0.9% | 0.65% | +0.02 |
| NLY Annaly Capital Management Inc. | Add +0.6% | 0.24% | +0.02 |
| TIP iShares Tips Bond ETF | Add +3.8% | 0.22% | −0.00 |
| SBUX Starbucks Corp. | Add +2.8% | 0.21% | −0.00 |
| VTWO Vanguard Russell 2000 ETF | Add +2.2% | 2.26% | −0.01 |
| SHY iShares 1-3 Year Treasury Bo | Add +1.8% | 0.33% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Add +2.6% | 0.87% | −0.01 |
| ABBV Abbvie Inc. | Add +2.1% | 0.28% | −0.01 |
| KMI Kinder Morgan Inc. | Add +1.4% | 0.42% | −0.02 |
| NVDA Nvidia Corp. | Add +0.7% | 0.70% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +2.2% | 0.95% | −0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +2.8% | 1.10% | −0.03 |
| UTL Unitil Corp. | Add +1.2% | 2.08% | −0.04 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 3.07% | −0.06 |
| NFLX Netflix Inc. | Add +6.1% | 0.25% | −0.06 |
| KKR KKR & Co. Inc. | Add +1.2% | 1.36% | −0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.0% | 7.22% | −0.08 |
| PG The Procter & Gamble Co. | Add +1.9% | 1.88% | −0.18 |
| T AT&T Inc. | Add +0.3% | 2.04% | −0.37 |
| MSFT Microsoft Corp. | Add +0.1% | 6.10% | −0.70 |
Options Activity Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +59.6% | 93,200 | $63.6M |
| AAPL Apple Inc. | put | Add +77.9% | 74,700 | $20.3M |
| PFE Pfizer Inc. | put | Reduce -64.3% | 12,500 | $311K |
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 |