Filed: 11/12/2025ACC: 0001172661-25-004719
📋 What this filing means
TRUST ASSET MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 230 equity positions with a total reported market value of $1.45B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
230
Positions
$1.45B
Total AUM (reported)
5.47M
Total Shares
Allocation by class
TR UNIT$807.37M55.5%
COM$391.71M26.9%
INDL$54.73M3.8%
CL A$36.90M2.5%
SBI CONS STPLS$31.78M2.2%
CAP STK CL C$29.62M2.0%
ENERGY$18.88M1.3%
Portfolio Concentration
Top 3$914.77M62.9%
4–10$211.01M14.5%
11–25$136.90M9.4%
Rest$192.24M13.2%
Top 3 weight
62.9%
Top 10 weight
77.4%
Voting Authority Distribution
Total shares with voting rights: 5.47M
Sole
Full voting authority
5.47M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole230
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings230
Rows:
SPDR S&P 500 ETF TR
SOLEShares1.21M
TypeSH
Market value$807.37M
55.49%
Sole
1.21M
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares354.86K
TypeSH
Market value$54.73M
3.76%
Sole
354.86K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares282.27K
TypeSH
Market value$52.67M
3.62%
Sole
282.27K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares85.61K
TypeSH
Market value$44.34M
3.05%
Sole
85.61K
Shared
0.00
None
0.00
APPLE INC
SOLEShares173.95K
TypeSH
Market value$44.29M
3.04%
Sole
173.95K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares405.52K
TypeSH
Market value$31.78M
2.18%
Sole
405.52K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares121.61K
TypeSH
Market value$29.62M
2.04%
Sole
121.61K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares107.76K
TypeSH
Market value$23.66M
1.63%
Sole
107.76K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares211.35K
TypeSH
Market value$18.88M
1.30%
Sole
211.35K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares25.11K
TypeSH
Market value$18.44M
1.27%
Sole
25.11K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares53.77K
TypeSH
Market value$17.74M
1.22%
Sole
53.77K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares176.27K
TypeSH
Market value$15.37M
1.06%
Sole
176.27K
Shared
0.00
None
0.00
TESLA INC
SOLEShares32.05K
TypeSH
Market value$14.25M
0.98%
Sole
32.05K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares295.39K
TypeSH
Market value$12.44M
0.86%
Sole
295.39K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares129.05K
TypeSH
Market value$11.57M
0.79%
Sole
129.05K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares21.10K
TypeSH
Market value$10.61M
0.73%
Sole
21.10K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares32.42K
TypeSH
Market value$10.23M
0.70%
Sole
32.42K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares9.07K
TypeSH
Market value$6.92M
0.48%
Sole
9.07K
Shared
0.00
None
0.00
VISA INC
SOLEShares19.90K
TypeSH
Market value$6.79M
0.47%
Sole
19.90K
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares4.93K
TypeSH
Market value$5.91M
0.41%
Sole
4.93K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares9.45K
TypeSH
Market value$5.37M
0.37%
Sole
9.45K
Shared
0.00
None
0.00
ORACLE CORP
SOLEShares18.49K
TypeSH
Market value$5.20M
0.36%
Sole
18.49K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares27.75K
TypeSH
Market value$5.14M
0.35%
Sole
27.75K
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares20.35K
TypeSH
Market value$4.71M
0.32%
Sole
20.35K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares11.44K
TypeSH
Market value$4.64M
0.32%
Sole
11.44K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TRSOLE | TR UNIT | 1.21M | SH | $807.37M 55.49% | 1.21M | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | INDL | 354.86K | SH | $54.73M 3.76% | 354.86K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 282.27K | SH | $52.67M 3.62% | 282.27K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 85.61K | SH | $44.34M 3.05% | 85.61K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 173.95K | SH | $44.29M 3.04% | 173.95K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | SBI CONS STPLS | 405.52K | SH | $31.78M 2.18% | 405.52K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 121.61K | SH | $29.62M 2.04% | 121.61K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 107.76K | SH | $23.66M 1.63% | 107.76K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | ENERGY | 211.35K | SH | $18.88M 1.30% | 211.35K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 25.11K | SH | $18.44M 1.27% | 25.11K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 53.77K | SH | $17.74M 1.22% | 53.77K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | SBI INT-UTILS | 176.27K | SH | $15.37M 1.06% | 176.27K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 32.05K | SH | $14.25M 0.98% | 32.05K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | RL EST SEL SEC | 295.39K | SH | $12.44M 0.86% | 295.39K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | SBI MATERIALS | 129.05K | SH | $11.57M 0.79% | 129.05K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 21.10K | SH | $10.61M 0.73% | 21.10K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 32.42K | SH | $10.23M 0.70% | 32.42K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 9.07K | SH | $6.92M 0.48% | 9.07K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 19.90K | SH | $6.79M 0.47% | 19.90K | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 4.93K | SH | $5.91M 0.41% | 4.93K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 9.45K | SH | $5.37M 0.37% | 9.45K | 0.00 | 0.00 |
ORACLE CORPSOLE | COM | 18.49K | SH | $5.20M 0.36% | 18.49K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 27.75K | SH | $5.14M 0.35% | 27.75K | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 20.35K | SH | $4.71M 0.32% | 20.35K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 11.44K | SH | $4.64M 0.32% | 11.44K | 0.00 | 0.00 |
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