SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Select Asset Management & Trust

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

Reported Value
$250M
Q1 2025
Positions
84
Filings on Record
22
2019–present window
Filed
May 12, 2025
original filing

Summary

Select Asset Management & Trust reported $250M in U.S.-listed holdings across 84 positions for Q1 2025.

The portfolio is heavily concentrated: SPY alone accounts for 26.4% of reported value.

Compared with Q4 2024, the fund opened 6 new positions and exited 7.

Portfolio Metrics

Turnover
+8.4%
vs prior filed quarter
Top-10 Concentration
+76.1%
share of reported value
Largest Position
+26.4%
S P 500 Spiders
New / Exited
6 / 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, 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
Q4 ’20: $125MQ4 ’20Q1 ’21: $150MQ2 ’21: $176MQ3 ’21: $139MQ3 ’21Q4 ’21: $151MQ1 ’22: $117MQ2 ’22: $93MQ2 ’22Q3 ’22: $84MQ4 ’22: $83MQ1 ’23: $113MQ1 ’23Q2 ’23: $164MQ3 ’23: $172MQ4 ’23: $203MQ4 ’23Q1 ’24: $241MQ2 ’24: $251MQ3 ’24: $272MQ3 ’24Q4 ’24: $258MQ1 ’25: $250MQ2 ’25: $292MQ2 ’25Q3 ’25: $325MQ4 ’25: $322MQ1 ’26: $320MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 74.0%Common Stock: 25.4%ADR: 0.4%Other: 0.3%
  • ETP · 74.0% · $185M
  • Common Stock · 25.4% · $63M
  • ADR · 0.4% · $875,000
  • Other · 0.3% · $739,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VGKVanguard European StockNEW+53.3K53.3K+$4M$4M
Clearwater Analytics HoldingsNEW+71.3K71.3K+$2M$2M
IVWiShares S&P 500 BARA Growth IndexNEW+3.7K3.7K+$343,000$343,000
PEGPublic Service Enterprise GroupNEW+4.1K4.1K+$338,000$338,000
CCitigroupNEW+4.8K4.8K+$337,000$337,000
NEENextEra Energy, Inc.NEW+3.9K3.9K+$274,000$274,000
IJRiShares SC S&P 600SOLD OUT−76.9K0−$9M$0
WDAYWorkday IncSOLD OUT−9020−$233,000$0

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

Holdings — Q1 2025

71 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPYS&P 500 Spidershistory →ETF26.37%$66M117.6K
2DIADow Diamonds - SPDR Dow Joneshistory →ETF10.19%$25M60.6K
3VIGVanguard Dividend Appreciationhistory →ETF9.52%$24M122.4K
4VYMVanguard High Div Yieldhistory →ETF7.25%$18M140.4K
5EFAMSCI EAFE Indexhistory →ETF5.48%$14M167.2K
6MGVVanguard Mega Cap Valuehistory →ETF5.32%$13M102.9K
7OEFiShares S&P 100 Indexhistory →ETF3.48%$9M32.1K
8EMEEmcor Group Inchistory →COM3.37%$8M22.8K
9AAPLApple Computer, Inc.history →COM3.04%$8M34.1K
10EXMOCExxon Mobil Corp.history →COM2.07%$5M43.4K
11VIGIVanguard Int Div App Indexhistory →ETF1.71%$4M51.3K
12CSLCarlisle Companies Inchistory →COM1.57%$4M11.5K
13VGKVanguard European Stockhistory →ETF1.50%$4M53.3K
14BRK/BBerkshire Hathaway Inc. Cl Bhistory →COM1.38%$3M6.5K
15MSFTMicrosoft Corphistory →COM1.37%$3M9.1K
16MCDMcDonald's Corphistory →COM1.25%$3M10.0K
17JPMJ.P. Morgan Chasehistory →COM1.05%$3M10.6K
18EEMiShares MSCI Emerging Marketshistory →ETF1.03%$3M58.5K
19Clearwater Analytics HoldingsCOM0.77%$2M71.3K
20AMZNAmazon.com IncCOM0.72%$2M9.4K
21UTZUtz Brands, Inc.COM0.67%$2M118.0K
22PNCPNC Financial Services GrCOM0.63%$2M8.9K
23GDXMarket Vectors Gold MinersETF0.55%$1M30.0K
24ABBVABBVIE INCCOM0.50%$1M6.0K
25VOOVanguard S&P 500 ETFETF0.49%$1M2.4K
26NVDANVIDIA CorpCOM0.47%$1M10.9K
27GOOGAlphabet Inc - C SharesCOM0.43%$1M6.9K
28PFEPfizer IncCOM0.37%$921,00036.3K
29BBTBerkshire Hills Bancorp IncCOM0.34%$841,00032.2K
30METAMeta Platforms IncCOM0.32%$805,0001.4K
31CVXChevron Texaco CorporationCOM0.31%$775,0004.6K
32HSYHershey Foods CorpCOM0.30%$753,0004.4K
33EHCEncompass Health CorporationCOM0.30%$748,0007.4K
34ABTAbbott LabsCOM0.28%$690,0005.2K
35NEMNewmont Mining CorpCOM0.27%$666,00013.8K
36VVVanguard Large CapETF0.25%$612,0002.4K
37HCAHCA Inc.COM0.24%$603,0001.7K
38JNJJohnson & JohnsonCOM0.23%$586,0003.5K
39MAMastercardCOM0.23%$580,0001.1K
40PAYCPaycom Software IncCOM0.22%$546,0002.5K
41SHELSheldahl, Inc.COM0.21%$518,0007.1K
42XLFFinancial Select SectorETF0.20%$500,00010.0K
43BXBlackstone Group LPETF0.20%$491,0003.5K
44CNCCentene CorpCOM0.19%$486,0008.0K
45VNQVanguard REIT IndexETF0.18%$453,0005.0K
46BACBank of AmericaCOM0.17%$430,00010.3K
47PMPhillip Morris InternationalCOM0.17%$430,0002.7K
48MRKMerck & Co Inc.COM0.17%$415,0004.6K
49LMTLockheed MartinCOM0.16%$405,000907
50CIE Financiere RichemonCOM0.16%$403,0002.3K
51NFLXNetfllix IncCOM0.15%$378,000405
52INTUIntuit IncCOM0.15%$368,000600
53NSRGYNestle SA ADRCOM0.14%$357,0003.5K
54HDHome Depot, Inc.COM0.14%$355,000969
55IVWiShares S&P 500 BARA Growth IndexETF0.14%$343,0003.7K
56PEGPublic Service Enterprise GroupCOM0.14%$338,0004.1K
57CCitigroupCOM0.14%$337,0004.8K
58Heineken Holding ORD EUR1.6COM0.13%$336,0004.7K
59APDAir Products & Chemical IncCOM0.12%$295,0001.0K
60TFCTruist Financial CorpCOM0.12%$292,0007.1K
61NEENextEra Energy, Inc.COM0.11%$274,0003.9K
62UNHUnited Health Group Inc.COM0.11%$264,000504
63VUGVanguard Growth VipersETF0.10%$256,000690
64GSGoldman, Sachs & Co.COM0.10%$252,000462
65IVEiShares S&P 500 ValueETF0.10%$251,0001.3K
66GOOGLAlphabet Inc - A SharesCOM0.10%$251,0001.6K
67SLViShares Silver TrustETF0.10%$248,0008.0K
68PGProcter & Gamble CompanyCOM0.10%$240,0001.4K
69HONHoneywell International ICOM0.08%$212,0001.0K
70MLMMartin Marietta MaterialsCOM0.08%$206,000430
71Aether Global Innovations CorpCOM0.00%$1,00070.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$320M93May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$322M92Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$325M98Oct 30, 202513F-HRchanges · EDGAR ↗
Q2 2025$292M92Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$250M84May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$258M86Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$272M83Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$251M77Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$241M76May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$203M79Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$172M74Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$164M76Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$113M67May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$83M58Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$84M63Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$93M65Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$117M69May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$151M71Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$139M69Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$176M73Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$150M70May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$125M69Feb 12, 202113F-HRchanges · 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 ↗.