Managers / Q1 2026
Park State Asset Management
CIK 0001908423 · 50 DUNHAM RIDGE, SUITE 3100, BEVERLY, MA, 01915 · 7813762015
Summary
Park State Asset Management reported $132M in U.S.-listed holdings across 20 positions for Q1 2026.
Its largest position, GOOG, represents 16.0% of the portfolio.
Compared with Q4 2025, the fund opened 1 new position and exited 1.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 94.7% · $125M
- Other · 4.6% · $6M
- REIT · 0.5% · $668,920
- ETP · 0.2% · $226,318
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | NEW | +348 | 348 | +$226,318 | $226,318 |
| STELLANTIS N.V | SOLD OUT | −407.3K | 0 | −$4M | $0 |
| AFWALIGN TECHNOLOGY INC | ADDED | +6.0K | 33.3K | +$1M | $6M |
| QLYSQUALYS INC | ADDED | +9.2K | 58.1K | −$1M | $5M |
| DPZDOMINOS PIZZA INC | ADDED | +1.9K | 12.4K | +$74,233 | $4M |
| ADBEADOBE INC | HELD | +1.2K | 27.5K | −$3M | $7M |
| MAMASTERCARD INCORPORATED | HELD | +108 | 4.3K | −$241,173 | $2M |
| DHRDANAHER CORP DEL | HELD | −405 | 17.4K | −$776,409 | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | GOOGALPHABET INC | CAP STK CL C · CAP STK CL A | 16.90% | $22M | 77.8K |
| 2 | AMZNAMAZON COM INChistory → | COM | 11.80% | $16M | 74.9K |
| 3 | AAPLAPPLE INChistory → | COM | 10.23% | $14M | 53.3K |
| 4 | TJXTJX COS INC NEWhistory → | COM | 9.07% | $12M | 75.0K |
| 5 | VVISA INChistory → | COM CL A | 8.38% | $11M | 36.6K |
| 6 | COSTCOSTCO WHOLESALE CORPORATIONhistory → | COM | 5.18% | $7M | 6.9K |
| 7 | ADBEADOBE INChistory → | COM | 5.07% | $7M | 27.5K |
| 8 | FERRARI N V | COM | 4.63% | $6M | 18.1K |
| 9 | DUTMOODYS CORPhistory → | COM | 4.61% | $6M | 14.0K |
| 10 | CPRTCOPART INChistory → | COM | 4.33% | $6M | 172.3K |
| 11 | AFWALIGN TECHNOLOGY INChistory → | COM | 4.32% | $6M | 33.3K |
| 12 | QLYSQUALYS INChistory → | COM | 3.86% | $5M | 58.1K |
| 13 | DPZDOMINOS PIZZA INChistory → | COM | 3.38% | $4M | 12.4K |
| 14 | TREXTREX INChistory → | COM | 2.64% | $3M | 95.7K |
| 15 | DHRDANAHER CORP DELhistory → | COM | 2.50% | $3M | 17.4K |
| 16 | MAMASTERCARD INCORPORATEDhistory → | CL A | 1.61% | $2M | 4.3K |
| 17 | ADPAUTOMATIC DATA PROCESSING IN | COM | 0.81% | $1M | 5.3K |
| 18 | AMTAMERICAN TOWER CORP | COM | 0.51% | $668,920 | 3.9K |
| 19 | STATE STR SPDR S&P 500 ETF T | TR UNIT | 0.17% | $226,318 | 348 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $132M | 20 | May 19, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $149M | 20 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $146M | 19 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $156M | 20 | Jul 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $164M | 22 | May 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $178M | 21 | Feb 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $170M | 19 | Nov 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $168M | 19 | Aug 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $168M | 19 | May 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $158M | 19 | Feb 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $137M | 18 | Nov 7, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $137M | 18 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $121M | 20 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $106M | 18 | Feb 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $100M | 18 | Nov 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $101M | 18 | Aug 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $116M | 18 | May 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $130M | 18 | Feb 7, 2022 | 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 ↗.