Latest SP Asset Management LLC Stock Portfolio

SP Asset Management LLC Performance:

2024 Q3: 5.27%YTD: 16.33%2023: 31.13%

Performance for 2024 Q3 is 5.27%, and YTD is 16.33%, and 2023 is 31.13%.

About SP Asset Management LLC and 13F Hedge Fund Stock Holdings

SP Asset Management LLC is a hedge fund based in CUPERTINO, CA. On 14-Apr-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.1 Billions. In it's latest 13F Holdings report, SP Asset Management LLC reported an equity portfolio of $1.2 Billions as of 30 Sep, 2024.

The top stock holdings of SP Asset Management LLC are META, , UNH. The fund has invested 21.6% of it's portfolio in META PLATFORMS INC and 7.2% of portfolio in BERKSHIRE HATHAWAY INC DEL.

The fund managers got completely rid off VANGUARD INDEX FDS (VB), FORTREA HLDGS INC and UNITED AIRLS HLDGS INC (UAL) stocks. They significantly reduced their stock positions in DIREXION SHS ETF TR (DRN), AIRBNB INC (ABNB) and VANGUARD INTL EQUITY INDEX F (VEU). SP Asset Management LLC opened new stock positions in RUBRIK INC., INTUIT (INTU) and PALANTIR TECHNOLOGIES INC (PLTR). The fund showed a lot of confidence in some stocks as they added substantially to BROADCOM INC (AVGO), BERKSHIRE HATHAWAY INC DEL and NIKE INC (NKE).

SP Asset Management LLC Annual Return Estimates Vs S&P 500

Our best estimate is that SP Asset Management LLC made a return of 5.27% in the last quarter. In trailing 12 months, it's portfolio return was 27.13%.

New Buys

Ticker	$ Bought
rubrik inc.	1,434,920
intuit	275,400
palantir technologies inc	248,868
ubiquiti inc	221,720
ishares tr	209,716
zoom video communications in	209,220
international business machs	204,891
rtx corporation	203,072

New stocks bought by SP Asset Management LLC

Additions

Ticker	% Inc.
broadcom inc	274
berkshire hathaway inc del	122
nike inc	122
starbucks corp	31.82
crowdstrike hldgs inc	28.57
toast inc	25.63
servicenow inc	6.87
netflix inc	6.13

Additions to existing portfolio by SP Asset Management LLC

Reductions

Ticker	% Reduced
direxion shs etf tr	-91.02
airbnb inc	-45.03
ishares tr	-42.43
vanguard intl equity index f	-35.14
disney walt co	-33.99
synopsys inc	-33.61
ishares tr	-31.82
kraft heinz co	-30.51

SP Asset Management LLC reduced stake in above stock

Sold off

Ticker	$ Sold
fortrea hldgs inc	-292,349
payoneer global inc	-66,480
bristol-myers squibb co	-231,707
united airls hldgs inc	-243,300
ishares inc	-211,154
vaneck etf trust	-218,708
vanguard index fds	-297,790
coinbase global inc	-228,452

SP Asset Management LLC got rid off the above stocks

Sector Distribution

SP Asset Management LLC has about 31.2% of it's holdings in Others sector.

Sector	%
Others	31.2
Communication Services	24.9
Technology	17.5
Healthcare	13.4
Consumer Cyclical	5.2
Financial Services	4.3
Consumer Defensive	2.3

Market Cap. Distribution

SP Asset Management LLC has about 68.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	55.3
UNALLOCATED	31.2
LARGE-CAP	13.2

Stocks belong to which Index?

About 66.9% of the stocks held by SP Asset Management LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	66.9
Others	32.9

Top 5 Winners (%)		%
MMM	3m co	32.6 %
PYPL	paypal hldgs inc	31.8 %
TSLA	tesla inc	31.6 %
PLTR	palantir technologies inc	22.6 %
ORCL	oracle corp	20.7 %

Top 5 Winners ($)		$
META	meta platforms inc	31.1 M
UNH	unitedhealth group inc	9.0 M
ABBV	abbvie inc	5.8 M
AAPL	apple inc	4.3 M
ORCL	oracle corp	3.2 M

Top 5 Losers (%)		%
INTC	intel corp	-25.3 %
CRWD	crowdstrike hldgs inc	-21.7 %
ABNB	airbnb inc	-15.9 %
HUM	humana inc	-15.2 %
SNOW	snowflake inc	-15.0 %

Top 5 Losers ($)		$
QCOM	qualcomm inc	-4.7 M
GOOG	alphabet inc	-2.4 M
MSFT	microsoft corp	-1.4 M
MRK	merck & co inc	-1.1 M
GOOG	alphabet inc	-1.0 M

SP Asset Management LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of SP Asset Management LLC

SP Asset Management LLC has 132 stocks in it's portfolio. About 56.2% of the portfolio is in top 10 stocks. QCOM proved to be the most loss making stock for the portfolio. META was the most profitable stock for SP Asset Management LLC last quarter.

Last Reported on: 12 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.70	191,434	44,604,200	reduced	-0.65

AAXJ	ishares tr	0.78	283,700	9,427,340	reduced	-42.43

AAXJ	ishares tr	0.22	20,066	2,589,580	added	0.16

AAXJ	ishares tr	0.05	5,500	584,045	unchanged	0.00

ABBV	abbvie inc	3.70	225,975	44,625,500	added	0.53

ABNB	airbnb inc	0.02	2,197	278,602	reduced	-45.03

ABT	abbott labs	1.17	123,241	14,050,700	added	0.45

ACN	accenture plc ireland	0.02	798	282,151	reduced	-23.56

ACWF	ishares tr	0.56	133,366	6,766,970	reduced	-11.7

ACWF	ishares tr	0.02	4,255	266,775	added	0.47

ACWV	ishares inc	0.00	0.00	0.00	sold off	-100

ADBE	adobe inc	0.14	3,345	1,731,970	added	1.52

ADI	analog devices inc	1.46	76,359	17,575,600	added	0.38

AFK	vaneck etf trust	0.00	0.00	0.00	sold off	-100

AGT	ishares tr	0.02	5,606	209,716	new

AMAT	applied matls inc	0.35	21,129	4,269,110	reduced	-13.46

AMD	advanced micro devices inc	0.64	47,064	7,722,260	added	0.07

AMZN	amazon com inc	2.04	131,793	24,557,000	reduced	-0.34

ANET	arista networks inc	0.06	1,988	763,034	unchanged	0.00

AVGO	broadcom inc	0.15	10,515	1,813,770	added	274