Managers / Q2 2023 · view latest →
PRIVATE ASSET MANAGEMENT INC
CIK 0001026200 · 5348 CARROLL CANYON RD, #200, SAN DIEGO, CA, 92121 · 6197923800
Reported Value
$520M
Q2 2023
Positions
134
Filings on Record
22
2019–present window
Filed
Jul 5, 2023
original filing
Summary
Private Asset Management Inc reported $520M in U.S.-listed holdings across 134 positions for Q2 2023.
Its largest position, QCOM, represents 8.0% of the portfolio.
Compared with Q1 2023, the fund opened 2 new positions and exited 7.
Portfolio Metrics
Turnover
+0.6%
vs prior filed quarter
Top-10 Concentration
+45.8%
share of reported value
Largest Position
+8.0%
Qualcomm
New / Exited
2 / 7
positions this quarter
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 · 89.4% · $465M
- ETP · 4.7% · $25M
- Other · 2.2% · $11M
- PUBLIC · 1.6% · $8M
- REIT · 1.2% · $6M
- Other · 0.9% · $5M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| Consumer Staples Select Sector SPDR ETF | NEW | +3.0K | 3.0K | +$223,029 | $223,029 |
| LOWLowe s Companies Inc | NEW | +889 | 889 | +$200,647 | $200,647 |
| SYYSysco Corp | ADDED | +3.9K | 7.0K | +$278,753 | $521,255 |
| General Electric Co | SOLD OUT | −2.8K | 0 | −$269,305 | $0 |
| HONGBPHoneywell International Inc | SOLD OUT | −1.3K | 0 | −$248,074 | $0 |
| PYPLPayPal Holdings Inc | SOLD OUT | −3.0K | 0 | −$229,870 | $0 |
| HO1Hologic Inc | SOLD OUT | −2.6K | 0 | −$211,838 | $0 |
| KOCoca-Cola Co | SOLD OUT | −3.4K | 0 | −$209,346 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
50 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | QCOMQualcomm Inc.history → | Common Stock | 8.01% | $42M | 350.0K |
| 2 | AAPLApple Inchistory → | Common Stock | 6.95% | $36M | 186.4K |
| 3 | MSFTMicrosoft Corphistory → | Common Stock | 5.70% | $30M | 87.1K |
| 4 | GOOGAlphabet Inc Chistory → | Common Stock | 4.08% | $21M | 175.6K |
| 5 | COSTCostco Wholesale Corphistory → | Common Stock | 3.94% | $21M | 38.1K |
| 6 | VVisa Inc Class Ahistory → | Common Stock | 3.90% | $20M | 85.3K |
| 7 | MRKMerck & Co Inchistory → | Common Stock | 3.63% | $19M | 163.6K |
| 8 | AMZNAmazon.com Inchistory → | Common Stock | 3.34% | $17M | 133.2K |
| 9 | HDThe Home Depot Inchistory → | Common Stock | 3.14% | $16M | 52.6K |
| 10 | JPMJPMorgan Chase & Cohistory → | Common Stock | 3.13% | $16M | 112.0K |
| 11 | CHVChevron Corphistory → | Common Stock | 2.59% | $13M | 85.7K |
| 12 | MUMicron Technology Inchistory → | Common Stock | 2.57% | $13M | 211.8K |
| 13 | BACBank of America Corporationhistory → | Common Stock | 2.53% | $13M | 459.3K |
| 14 | JNJJohnson & Johnsonhistory → | Common Stock | 2.44% | $13M | 76.7K |
| 15 | RTXRaytheon Technologies Ordhistory → | Common Stock | 2.25% | $12M | 119.6K |
| 16 | PFEPfizer Inchistory → | Common Stock | 1.98% | $10M | 281.5K |
| 17 | BRK/BBerkshire Hathaway Inc Bhistory → | Common Stock | 1.92% | $10M | 29.3K |
| 18 | ORCLOracle Corphistory → | Common Stock | 1.89% | $10M | 82.4K |
| 19 | PEPPepsiCo Inchistory → | Common Stock | 1.46% | $8M | 41.0K |
| 20 | BMYBristol-Myers Squibb Companyhistory → | Common Stock | 1.36% | $7M | 110.4K |
| 21 | CRMSalesforce.com Inchistory → | Common Stock | 1.28% | $7M | 31.6K |
| 22 | SBUXStarbucks Corphistory → | Common Stock | 1.27% | $7M | 66.6K |
| 23 | NEENextEra Energy Inchistory → | Common Stock | 1.26% | $7M | 88.7K |
| 24 | EMREmerson Electric Cohistory → | Common Stock | 1.18% | $6M | 67.8K |
| 25 | PGProcter & Gamble Cohistory → | Common Stock | 1.07% | $6M | 36.8K |
| 26 | Eaton Corp PLC | Common Stock | 1.07% | $6M | 27.7K |
| 27 | SPDR S&P 500 ETF | Exchange Traded Funds (ETF) | 0.98% | $5M | 11.5K |
| 28 | CSCOCisco Systems Inc | Common Stock | 0.93% | $5M | 93.1K |
| 29 | GILDGilead Sciences Inc | Common Stock | 0.86% | $4M | 58.2K |
| 30 | TRVCCitigroup Inc | Common Stock | 0.77% | $4M | 87.0K |
| 31 | CLColgate-Palmolive Co | Common Stock | 0.76% | $4M | 51.4K |
| 32 | iShares Core S&P Mid-Cap | Exchange Traded Funds (ETF) | 0.74% | $4M | 14.8K |
| 33 | UBERUber Technologies Inc | Common Stock | 0.72% | $4M | 86.7K |
| 34 | ADSKAutodesk Inc | Common Stock | 0.69% | $4M | 17.5K |
| 35 | CB1AConstellation Brands Inc | Common Stock | 0.69% | $4M | 14.5K |
| 36 | DISWalt Disney Co | Common Stock | 0.67% | $3M | 38.8K |
| 37 | WELLWelltower Inc Com | Common Stock | 0.64% | $3M | 41.3K |
| 38 | ALSAllstate Corp | Common Stock | 0.62% | $3M | 29.4K |
| 39 | ATVIEURActivision Blizzard Inc | Common Stock | 0.60% | $3M | 37.2K |
| 40 | CTVACorteva Inc | Common Stock | 0.59% | $3M | 53.7K |
| 41 | ORealty Income Corp | Common Stock | 0.57% | $3M | 49.5K |
| 42 | A S M L Holding Nv | Common Stock | 0.52% | $3M | 3.7K |
| 43 | SOSouthern Co | Common Stock | 0.49% | $3M | 36.2K |
| 44 | SLBSchlumberger Ltd | Common Stock | 0.48% | $3M | 51.2K |
| 45 | BLKCHFBlackRock Inc | Common Stock | 0.47% | $2M | 3.6K |
| 46 | GOOGLAlphabet Inc A | Common Stock | 0.45% | $2M | 19.7K |
| 47 | AXPAmerican Express Co | Common Stock | 0.44% | $2M | 13.2K |
| 48 | NVSNNovartis Ag | Common Stock | 0.44% | $2M | 22.4K |
| 49 | NXP Semiconductors NV | Common Stock | 0.43% | $2M | 11.0K |
| 50 | INTCIntel Corp | Common Stock | 0.43% | $2M | 66.4K |
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 ↗.