Managers / Q1 2026

Select Asset Management & Trust

CIK 0001600636 · 4732 GETTYSBURG ROAD, SUITE 401, MECHANICSBURG, PA, 17055 · 7179721300

Reported Value

$320M

Q1 2026

Positions

Filings on Record

2019–present window

Filed

May 15, 2026

original filing

Summary

Select Asset Management & Trust reported $320M in U.S.-listed holdings across 93 positions for Q1 2026.

The portfolio is heavily concentrated: SPY alone accounts for 34.2% of reported value.

Compared with Q4 2025, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover

+14.4%

vs prior filed quarter

Top-10 Concentration

+78.6%

share of reported value

Largest Position

+34.2%

S P 500 Spiders

New / Exited

4 / 3

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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

ETP · 75.1% · $240M
Common Stock · 24.4% · $78M
ADR · 0.3% · $1M
Other · 0.2% · $660,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
RSP Rydex S&P Equal Weight	NEW	+82.0K	82.0K	+$16M	$16M
EFV ISHARES MSCI EAFE VALUE ETF	NEW	+133.6K	133.6K	+$10M	$10M
HON Honeywell International I	NEW	+1.0K	1.0K	+$226,000	$226,000
DVY Dow Jones Select Dividend Index Fund	NEW	+1.4K	1.4K	+$208,000	$208,000
IBIT iShares Bitcoin Trust ETF	ADDED	+29.6K	35.2K	+$1M	$1M
VOO Vanguard S&P 500 ETF	ADDED	+10.7K	13.1K	+$6M	$8M
VIGI Vanguard Int Div App Index	SOLD OUT	−56.2K	0	−$5M	$0
VGK Vanguard European Stock	SOLD OUT	−61.3K	0	−$5M	$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

77 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	SPY S&P 500 Spiders history →	ETF	34.18%	$109M	168.3K
2	DIA Dow Diamonds - SPDR Dow Jones history →	ETF	8.61%	$28M	59.5K
3	VIG Vanguard Dividend Appreciation history →	ETF	8.37%	$27M	124.6K
4	MGV Vanguard Mega Cap Value history →	ETF	6.31%	$20M	139.4K
5	EME Emcor Group Inc history →	COM	5.25%	$17M	22.8K
6	RSP Rydex S&P Equal Weight history →	ETF	4.92%	$16M	82.0K
7	EFV ISHARES MSCI EAFE VALUE ETF history →	ETF	3.10%	$10M	133.6K
8	OEF iShares S&P 100 Index history →	ETF	2.82%	$9M	28.4K
9	AAPL Apple Computer, Inc.history →	COM	2.57%	$8M	32.4K
10	VOO Vanguard S&P 500 ETF history →	ETF	2.44%	$8M	13.1K
11	EXMOC Exxon Mobil Corp.history →	COM	2.18%	$7M	41.1K
12	MSFT Microsoft Corp history →	COM	1.80%	$6M	15.6K
13	EFA MSCI EAFE Index history →	ETF	1.49%	$5M	49.2K
14	JPM J.P. Morgan Chase history →	COM	1.30%	$4M	14.2K
15	CSL Carlisle Companies Inc history →	COM	1.09%	$4M	10.5K
16	AMZN Amazon.com Inc history →	COM	1.01%	$3M	15.5K
17	MCD McDonald's Corp	COM	0.97%	$3M	10.0K
18	BRK/B Berkshire Hathaway Inc. Cl B	COM	0.97%	$3M	6.5K
19	GDX Market Vectors Gold Miners	ETF	0.57%	$2M	20.0K
20	Clearwater Analytics Holdings - Class A	COM	0.55%	$2M	73.9K
21	GOOG Alphabet Inc - C Shares	COM	0.52%	$2M	5.8K
22	NVDA NVIDIA Corp	COM	0.47%	$2M	8.7K
23	ABBV ABBVIE INC	COM	0.44%	$1M	6.5K
24	IBIT iShares Bitcoin Trust ETF	ETF	0.42%	$1M	35.2K
25	USMV iShares MSCI USA Minimum Vol	ETF	0.40%	$1M	13.8K
26	PFE Pfizer Inc	COM	0.32%	$1M	36.2K
27	CVX Chevron Texaco Corporation	COM	0.30%	$956,000	4.6K
28	HSY Hershey Foods Corp	COM	0.29%	$915,000	4.4K
29	UTZ Utz Brands, Inc.	COM	0.27%	$875,000	110.5K
30	JNJ Johnson & Johnson	COM	0.25%	$803,000	3.3K
31	META Meta Platforms Inc	COM	0.25%	$803,000	1.4K
32	BBT Berkshire Hills Bancorp Inc	COM	0.24%	$783,000	26.1K
33	EHC Encompass Health Corporation	COM	0.22%	$715,000	7.4K
34	MRK Merck & Co Inc.	COM	0.22%	$707,000	5.9K
35	VV Vanguard Large Cap	ETF	0.22%	$705,000	2.4K
36	SHEL Sheldahl, Inc.	COM	0.21%	$658,000	7.1K
37	FDX Fed-Ex Corporation	COM	0.20%	$634,000	1.8K
38	SLV iShares Silver Trust	ETF	0.17%	$545,000	8.0K
39	MA Mastercard	COM	0.17%	$543,000	1.1K
40	GOOGL Alphabet Inc - A Shares	COM	0.16%	$528,000	1.8K
41	ABT Abbott Labs	COM	0.16%	$524,000	5.1K
42	NFLX Netfllix Inc	COM	0.16%	$523,000	5.4K
43	VYM Vanguard High Div Yield	ETF	0.16%	$509,000	3.4K
44	BAC Bank of America	COM	0.16%	$497,000	10.2K
45	XLF Financial Select Sector	ETF	0.15%	$495,000	10.0K
46	VWO Vanguard Emerging Markets	ETF	0.15%	$465,000	8.6K
47	PM Phillip Morris International	COM	0.14%	$460,000	2.8K
48	CIE Financiere Richemon	COM	0.13%	$404,000	2.3K
49	BX Blackstone Group LP	ETF	0.13%	$404,000	3.5K
50	NEE NextEra Energy, Inc.	COM	0.12%	$398,000	4.3K
51	C Citigroup	COM	0.12%	$371,000	3.3K
52	IVW iShares S&P 500 BARA Growth Index	ETF	0.11%	$358,000	3.2K
53	NSRGY Nestle SA ADR	COM	0.11%	$350,000	3.5K
54	HCA HCA Inc.	COM	0.11%	$342,000	723
55	V Visa Inc	COM	0.10%	$335,000	1.1K
56	PEG Public Service Enterprise Group	COM	0.10%	$332,000	4.1K
57	HD Home Depot, Inc.	COM	0.10%	$321,000	975
58	PAYC Paycom Software Inc	COM	0.09%	$304,000	2.5K
59	LMT Lockheed Martin	COM	0.09%	$303,000	502
60	VUG Vanguard Growth Vipers	ETF	0.09%	$301,000	690
61	APD Air Products & Chemical Inc	COM	0.09%	$290,000	1.0K
62	GLD Streettracks Gold Shares	COM	0.09%	$287,000	666
63	MLM Martin Marietta Materials	COM	0.09%	$285,000	484
64	VNQ Vanguard REIT Index	ETF	0.09%	$284,000	3.2K
65	UBER Uber Technologies	COM	0.09%	$275,000	3.8K
66	GS Goldman, Sachs & Co.	COM	0.08%	$261,000	308
67	INTU Intuit Inc	COM	0.08%	$259,000	600
68	HEINEKEN HOLDING NV	COM	0.08%	$256,000	3.6K
69	SHOP Shopify Inc	COM	0.07%	$237,000	2.0K
70	HON Honeywell International I	COM	0.07%	$226,000	1.0K
71	CSCO Cisco Systems Inc	COM	0.07%	$218,000	2.8K
72	XLK Amex Technology Select Index	ETF	0.07%	$218,000	1.6K
73	IVE iShares S&P 500 Value	ETF	0.07%	$211,000	997
74	PG Procter & Gamble Company	COM	0.07%	$210,000	1.5K
75	PPL PPL Corporation	COM	0.07%	$210,000	5.5K
76	DVY Dow Jones Select Dividend Index Fund	ETF	0.06%	$208,000	1.4K
77	UA Under Armour Inc - Class C	COM	0.03%	$85,000	14.6K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$320M	93	May 15, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$322M	92	Feb 10, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$325M	98	Oct 30, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$292M	92	Aug 14, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$250M	84	May 12, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$258M	86	Feb 13, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$272M	83	Nov 14, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$251M	77	Aug 12, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$241M	76	May 14, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$203M	79	Feb 13, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$172M	74	Nov 13, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$164M	76	Aug 11, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$113M	67	May 12, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	$83M	58	Feb 9, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$84M	63	Nov 14, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$93M	65	Aug 12, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$117M	69	May 13, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$151M	71	Feb 8, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$139M	69	Nov 9, 2021	13F-HR	changes · EDGAR ↗
Q2 2021	$176M	73	Aug 10, 2021	13F-HR	changes · EDGAR ↗
Q1 2021	$150M	70	May 13, 2021	13F-HR	changes · EDGAR ↗
Q4 2020	$125M	69	Feb 12, 2021	13F-HR	changes · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

Gardner Russo & Quinn LLC028-02635

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 ↗.