Managers / Q3 2023
PRIVATE ASSET MANAGEMENT INC
CIK 0001026200 · 5348 CARROLL CANYON RD, #200, SAN DIEGO, CA, 92121 · 6197923800
Reported Value
$426M
Q3 2023
Positions
118
Filings on Record
22
2019–present window
Filed
Oct 20, 2023
original filing
Summary
Private Asset Management Inc reported $426M in U.S.-listed holdings across 118 positions for Q3 2023.
Its largest position, QCOM, represents 8.1% of the portfolio.
Compared with Q2 2023, the fund opened 0 new positions and exited 16.
Portfolio Metrics
Turnover
+0.4%
vs prior filed quarter
Top-10 Concentration
+46.3%
share of reported value
Largest Position
+8.1%
Qualcomm
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- Common Stock · 88.9% · $378M
- ETP · 4.9% · $21M
- Other · 2.3% · $10M
- PUBLIC · 1.7% · $7M
- REIT · 1.3% · $6M
- Other · 0.8% · $4M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ATVIEURActivision Blizzard Inc | SOLD OUT | −37.2K | 0 | −$3M | $0 |
| ILMNIllumina Inc | SOLD OUT | −9.1K | 0 | −$2M | $0 |
| SCHWCharles Schwab Corp | SOLD OUT | −9.0K | 0 | −$508,618 | $0 |
| Schwab US Large-Cap Growth ETF | SOLD OUT | −4.8K | 0 | −$361,259 | $0 |
| SHELSHELL PLC-ADR | SOLD OUT | −5.7K | 0 | −$341,147 | $0 |
| Accenture PLC A | SOLD OUT | −1.0K | 0 | −$309,197 | $0 |
| KMBKimberly-Clark Corp | SOLD OUT | −2.0K | 0 | −$271,978 | $0 |
| Schwab US Broad Market ETF | SOLD OUT | −5.2K | 0 | −$267,703 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2023
50 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | QCOMQualcomm Inc.history → | Common Stock | 8.12% | $35M | 311.1K |
| 2 | AAPLApple Inchistory → | Common Stock | 6.38% | $27M | 158.6K |
| 3 | MSFTMicrosoft Corphistory → | Common Stock | 5.39% | $23M | 72.7K |
| 4 | GOOGAlphabet Inc Chistory → | Common Stock | 5.14% | $22M | 165.8K |
| 5 | COSTCostco Wholesale Corphistory → | Common Stock | 4.28% | $18M | 32.3K |
| 6 | VVisa Inc Class Ahistory → | Common Stock | 3.78% | $16M | 69.9K |
| 7 | AMZNAmazon.com Inchistory → | Common Stock | 3.42% | $15M | 114.6K |
| 8 | MRKMerck & Co Inchistory → | Common Stock | 3.39% | $14M | 140.4K |
| 9 | JPMJPMorgan Chase & Cohistory → | Common Stock | 3.29% | $14M | 96.5K |
| 10 | HDThe Home Depot Inchistory → | Common Stock | 3.13% | $13M | 44.1K |
| 11 | CHVChevron Corphistory → | Common Stock | 2.98% | $13M | 75.2K |
| 12 | MUMicron Technology Inchistory → | Common Stock | 2.92% | $12M | 182.6K |
| 13 | BACBank of America Corporationhistory → | Common Stock | 2.50% | $11M | 388.0K |
| 14 | JNJJohnson & Johnsonhistory → | Common Stock | 2.32% | $10M | 63.3K |
| 15 | BRK/BBerkshire Hathaway Inc Bhistory → | Common Stock | 2.04% | $9M | 24.8K |
| 16 | PFEPfizer Inchistory → | Common Stock | 2.01% | $9M | 258.6K |
| 17 | ORCLOracle Corphistory → | Common Stock | 1.74% | $7M | 69.8K |
| 18 | EMREmerson Electric Cohistory → | Common Stock | 1.50% | $6M | 66.3K |
| 19 | PEPPepsiCo Inchistory → | Common Stock | 1.44% | $6M | 36.2K |
| 20 | Eaton Corp PLC | Common Stock | 1.35% | $6M | 26.9K |
| 21 | RTXRaytheon Technologies Ordhistory → | Common Stock | 1.32% | $6M | 77.9K |
| 22 | BMYBristol-Myers Squibb Companyhistory → | Common Stock | 1.29% | $6M | 95.0K |
| 23 | SBUXStarbucks Corphistory → | Common Stock | 1.19% | $5M | 55.4K |
| 24 | CRMSalesforce.com Inchistory → | Common Stock | 1.10% | $5M | 23.0K |
| 25 | SPDR S&P 500 ETF | Exchange Traded Funds (ETF) | 1.07% | $5M | 10.6K |
| 26 | PGProcter & Gamble Cohistory → | Common Stock | 1.06% | $5M | 31.0K |
| 27 | CSCOCisco Systems Inchistory → | Common Stock | 1.00% | $4M | 79.4K |
| 28 | NEENextEra Energy Inc | Common Stock | 0.99% | $4M | 73.6K |
| 29 | GILDGilead Sciences Inc | Common Stock | 0.95% | $4M | 53.9K |
| 30 | WELLWelltower Inc Com | Common Stock | 0.83% | $4M | 43.1K |
| 31 | DISWalt Disney Co | Common Stock | 0.83% | $4M | 43.4K |
| 32 | UBERUber Technologies Inc | Common Stock | 0.82% | $4M | 76.3K |
| 33 | iShares Core S&P Mid-Cap | Exchange Traded Funds (ETF) | 0.82% | $4M | 14.1K |
| 34 | TRVCCitigroup Inc | Common Stock | 0.78% | $3M | 80.9K |
| 35 | CB1AConstellation Brands Inc | Common Stock | 0.76% | $3M | 12.8K |
| 36 | ADSKAutodesk Inc | Common Stock | 0.72% | $3M | 14.9K |
| 37 | CLColgate-Palmolive Co | Common Stock | 0.70% | $3M | 41.7K |
| 38 | ALSAllstate Corp | Common Stock | 0.66% | $3M | 25.1K |
| 39 | GOOGLAlphabet Inc A | Common Stock | 0.58% | $2M | 18.7K |
| 40 | SLBSchlumberger Ltd | Common Stock | 0.57% | $2M | 41.3K |
| 41 | CTVACorteva Inc | Common Stock | 0.55% | $2M | 45.9K |
| 42 | ORealty Income Corp | Common Stock | 0.51% | $2M | 43.5K |
| 43 | SOSouthern Co | Common Stock | 0.48% | $2M | 31.6K |
| 44 | BLKCHFBlackRock Inc | Common Stock | 0.47% | $2M | 3.1K |
| 45 | AXPAmerican Express Co | Common Stock | 0.46% | $2M | 13.2K |
| 46 | NXP Semiconductors NV | Common Stock | 0.46% | $2M | 9.8K |
| 47 | NVSNNovartis Ag | Common Stock | 0.45% | $2M | 18.8K |
| 48 | EXMOCExxon Mobil Corp | Common Stock | 0.44% | $2M | 15.8K |
| 49 | Vanguard S&P 500 Etf | Exchange Traded Funds (ETF) | 0.43% | $2M | 4.7K |
| 50 | A S M L Holding Nv | Common Stock | 0.41% | $2M | 3.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2023 | $426M | 118 | Oct 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $520M | 134 | Jul 5, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | Under review | 139 | Apr 4, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | Under review | 137 | Jan 4, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $565M | 138 | Nov 14, 2022 | RESTATEMENT | changes · EDGAR ↗ |
| Q2 2022 | $616M | 143 | Jul 6, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $738M | 145 | Apr 4, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $815M | 149 | Jan 3, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $733M | 149 | Oct 4, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $751M | 154 | Jul 6, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $715M | 157 | Apr 2, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $667M | 144 | Jan 5, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $601M | 139 | Oct 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $563M | 133 | Jul 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $475M | 122 | Apr 2, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $614M | 136 | Jan 3, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $578M | 136 | Oct 2, 2019 | RESTATEMENT | changes · EDGAR ↗ |
| Q2 2019 | $587M | 137 | Jul 2, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $562M | 131 | Apr 3, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $515M | 131 | Jan 8, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.