SP ASSET MANAGEMENT LLC

Filed: 5/8/2025ACC: 0001962086-25-000003

📋 What this filing means

SP ASSET MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 120 equity positions with a total reported market value of $1.13B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

120

Positions

$1.13B

Total AUM (reported)

6.75M

Total Shares

Allocation by class

COM$458.35M40.4%

CL A$241.48M21.3%

CL B NEW$100.98M8.9%

GROWTH ETF$40.72M3.6%

EXPANDED TECH$36.26M3.2%

MID CAP ETF$30.24M2.7%

SMALL CP ETF$29.36M2.6%

Portfolio Concentration

Top 3$378.85M33.4%

4–10$255.36M22.5%

11–25$261.10M23.0%

Rest$238.90M21.1%

Top 3 weight

33.4%

Top 10 weight

55.9%

Voting Authority Distribution

Total shares with voting rights: 6.75M

Sole

Full voting authority

638.07K

% of voting shares9.4%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

6.12M

% of voting shares90.6%

Investment Discretion (by position count)

Sole120

Shared0

Other0

Dominant voting typeNone · 90.6% of voting shares

Institutional Holdings120

Rows:

META PLATFORMS INC

SOLE

CL A

Shares368.59K

TypeSH

Market value$212.44M

18.73%

Sole

11.79K

Shared

0.00

None

356.79K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares189.60K

TypeSH

Market value$100.98M

8.90%

Sole

7.86K

Shared

0.00

None

181.74K

UNITEDHEALTH GROUP INC

SOLE

COM

Shares124.93K

TypeSH

Market value$65.43M

5.77%

Sole

16.53K

Shared

0.00

None

108.40K

ABBVIE INC

SOLE

COM

Shares225.35K

TypeSH

Market value$47.22M

4.16%

Sole

23.84K

Shared

0.00

None

201.51K

APPLE INC

SOLE

COM

Shares186.37K

TypeSH

Market value$41.40M

3.65%

Sole

25.45K

Shared

0.00

None

160.93K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares109.81K

TypeSH

Market value$40.72M

3.59%

Sole

11.40K

Shared

0.00

None

98.42K

ISHARES TR

SOLE

EXPANDED TECH

Shares407.46K

TypeSH

Market value$36.26M

3.20%

Sole

44.43K

Shared

0.00

None

363.03K

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares116.95K

TypeSH

Market value$30.24M

2.67%

Sole

12.20K

Shared

0.00

None

104.75K

MICROSOFT CORP

SOLE

COM

Shares80.36K

TypeSH

Market value$30.17M

2.66%

Sole

11.92K

Shared

0.00

None

68.44K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares132.39K

TypeSH

Market value$29.36M

2.59%

Sole

16.67K

Shared

0.00

None

115.72K

SELECT SECTOR SPDR TR

SOLE

SBI HEALTHCARE

Shares178.37K

TypeSH

Market value$26.04M

2.30%

Sole

21.85K

Shared

0.00

None

156.52K

AMAZON COM INC

SOLE

COM

Shares131.91K

TypeSH

Market value$25.10M

2.21%

Sole

11.58K

Shared

0.00

None

120.33K

QUALCOMM INC

SOLE

COM

Shares155.40K

TypeSH

Market value$23.87M

2.10%

Sole

21.92K

Shared

0.00

None

133.48K

ALPHABET INC

SOLE

CAP STK CL A

Shares145.80K

TypeSH

Market value$22.55M

1.99%

Sole

20.53K

Shared

0.00

None

125.28K

WELLS FARGO CO NEW

SOLE

COM

Shares272.25K

TypeSH

Market value$19.55M

1.72%

Sole

22.48K

Shared

0.00

None

249.78K

SELECT SECTOR SPDR TR

SOLE

ENERGY

Shares182.96K

TypeSH

Market value$17.10M

1.51%

Sole

1.06K

Shared

0.00

None

181.90K

HOME DEPOT INC

SOLE

COM

Shares44.50K

TypeSH

Market value$16.31M

1.44%

Sole

3.25K

Shared

0.00

None

41.25K

BANK AMERICA CORP

SOLE

COM

Shares384.02K

TypeSH

Market value$16.03M

1.41%

Sole

54.63K

Shared

0.00

None

329.39K

ABBOTT LABS

SOLE

COM

Shares118.18K

TypeSH

Market value$15.68M

1.38%

Sole

16.13K

Shared

0.00

None

102.06K

ANALOG DEVICES INC

SOLE

COM

Shares73.83K

TypeSH

Market value$14.89M

1.31%

Sole

11.38K

Shared

0.00

None

62.46K

ORACLE CORP

SOLE

COM

Shares106.50K

TypeSH

Market value$14.89M

1.31%

Sole

17.28K

Shared

0.00

None

89.22K

JOHNSON & JOHNSON

SOLE

COM

Shares89.16K

TypeSH

Market value$14.79M

1.30%

Sole

9.40K

Shared

0.00

None

79.76K

PROSHARES TR

SOLE

PSHS ULT S&P 500

Shares139.46K

TypeSH

Market value$11.54M

1.02%

Sole

40.36K

Shared

0.00

None

99.10K

NUTANIX INC

SOLE

CL A

Shares164.92K

TypeSH

Market value$11.51M

1.02%

Sole

0.00

Shared

0.00

None

164.92K

MERCK & CO INC

SOLE

COM

Shares125.47K

TypeSH

Market value$11.26M

0.99%

Sole

12.72K

Shared

0.00

None

112.75K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
META PLATFORMS INCSOLE	CL A	368.59K	SH	$212.44M 18.73%	11.79K	356.79K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	189.60K	SH	$100.98M 8.90%	7.86K	181.74K
UNITEDHEALTH GROUP INCSOLE	COM	124.93K	SH	$65.43M 5.77%	16.53K	108.40K
ABBVIE INCSOLE	COM	225.35K	SH	$47.22M 4.16%	23.84K	201.51K
APPLE INCSOLE	COM	186.37K	SH	$41.40M 3.65%	25.45K	160.93K
VANGUARD INDEX FDSSOLE	GROWTH ETF	109.81K	SH	$40.72M 3.59%	11.40K	98.42K
ISHARES TRSOLE	EXPANDED TECH	407.46K	SH	$36.26M 3.20%	44.43K	363.03K
VANGUARD INDEX FDSSOLE	MID CAP ETF	116.95K	SH	$30.24M 2.67%	12.20K	104.75K
MICROSOFT CORPSOLE	COM	80.36K	SH	$30.17M 2.66%	11.92K	68.44K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	132.39K	SH	$29.36M 2.59%	16.67K	115.72K
SELECT SECTOR SPDR TRSOLE	SBI HEALTHCARE	178.37K	SH	$26.04M 2.30%	21.85K	156.52K
AMAZON COM INCSOLE	COM	131.91K	SH	$25.10M 2.21%	11.58K	120.33K
QUALCOMM INCSOLE	COM	155.40K	SH	$23.87M 2.10%	21.92K	133.48K
ALPHABET INCSOLE	CAP STK CL A	145.80K	SH	$22.55M 1.99%	20.53K	125.28K
WELLS FARGO CO NEWSOLE	COM	272.25K	SH	$19.55M 1.72%	22.48K	249.78K
SELECT SECTOR SPDR TRSOLE	ENERGY	182.96K	SH	$17.10M 1.51%	1.06K	181.90K
HOME DEPOT INCSOLE	COM	44.50K	SH	$16.31M 1.44%	3.25K	41.25K
BANK AMERICA CORPSOLE	COM	384.02K	SH	$16.03M 1.41%	54.63K	329.39K
ABBOTT LABSSOLE	COM	118.18K	SH	$15.68M 1.38%	16.13K	102.06K
ANALOG DEVICES INCSOLE	COM	73.83K	SH	$14.89M 1.31%	11.38K	62.46K
ORACLE CORPSOLE	COM	106.50K	SH	$14.89M 1.31%	17.28K	89.22K
JOHNSON & JOHNSONSOLE	COM	89.16K	SH	$14.79M 1.30%	9.40K	79.76K
PROSHARES TRSOLE	PSHS ULT S&P 500	139.46K	SH	$11.54M 1.02%	40.36K	99.10K
NUTANIX INCSOLE	CL A	164.92K	SH	$11.51M 1.02%	0.00	164.92K
MERCK & CO INCSOLE	COM	125.47K	SH	$11.26M 0.99%	12.72K	112.75K

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