PRIVATE ASSET MANAGEMENT INC

CIK

1026200

Location

SAN DIEGO, CA

Portfolio Value

Small $416,552,790

Diversification

Diversified

Filing Date

Global Rank

#2,961 / 7,036 ▼ 298 · as of Sep 2023

Top Industry

Semiconductors 12.8%

Period ended 3 years ago

Filed Oct 20, 2023 · 3y

15 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2023, never from the firm's own description.

Style

Diversified active

Top 10 weight 47.9%, 30.4 effective positions, active share 58.7% against the S&P 500 as of 2023-09-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

2.2% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 14.8 quarters (12+), a floor since 94.2% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2023-09-30, active share 58.7%; sector active share 15.8% against the combined 13F book's sector weights.

Over time 15 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

105 tracked positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023

Top Position

8.3%

+0.1 pts

Top 5

30.5%

+0.8 pts

Top 10

47.9%

+0.6 pts

HHI

329

Diversified+6

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Technology	30.5%	$127,119,518	15
Financial Services	14.8%	$61,523,827	15
Healthcare	11.4%	$47,429,846	13
Consumer Cyclical	8.8%	$36,643,284	8
Consumer Defensive	8.6%	$35,751,910	7
Communication Services	7.0%	$29,027,948	5
Industrials	4.9%	$20,554,027	6
Unclassified	4.8%	$20,094,824	19
Energy	4.4%	$18,362,400	5
Utilities	2.6%	$10,889,390	8
Real Estate	1.4%	$5,697,493	2
Basic Materials	0.8%	$3,458,323	2

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

16 positions

Ticker	Company	Δ Shares	Shares	Value
SRE	Sempra	+10,500	21,000	$1,428,630
SREA	Sempra	+10,135	31,684	$722,078
DIS	Walt Disney Co	+4,581	43,370	$3,515,138
DUK	Duke Energy CORP	+1,736	15,813	$1,395,655
WELL	Welltower Inc.	+1,706	43,053	$3,526,901
XLF	State Street Corp	+642	15,143	$502,293
—		+580	3,587	$0
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	+490	2,521	$255,578
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	+243	4,997	$327,653
IJR	iShares Core S&P Small-Cap ETF	+238	5,841	$550,981
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	+130	3,372	$304,795
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	+122	2,791	$449,295
SYY	Sysco Corp	+91	7,116	$470,011
EFA	iShares MSCI EAFE ETF	+90	21,870	$1,507,280
VOO	VANGUARD 500 INDEX FUND	+58	4,696	$1,844,119
SYK	Stryker Corp	+55	2,400	$655,848
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BAC	Bank Of America Corp	−71,285	388,006	$10,623,604
T	At&T Inc.	−43,901	54,299	$815,570
RTX	RTX Corp	−41,750	77,876	$5,604,735
QCOM	Qualcomm Inc	−38,880	311,134	$34,554,542
MU	Micron Technology Inc	−29,219	182,600	$12,422,278
AAPL	Apple Inc.	−27,800	158,625	$27,158,186
INTC	Intel Corp	−25,891	40,554	$1,441,694
MRK	Merck & Co., Inc.	−23,197	140,380	$14,452,121
PFE	Pfizer Inc	−22,927	258,550	$8,576,103
AMZN	Amazon Com Inc	−18,504	114,647	$14,573,926
JPM	Jpmorgan Chase & Co	−15,460	96,494	$13,993,559
BMY	Bristol Myers Squibb Co	−15,454	94,957	$5,511,304
V	Visa Inc.	−15,378	69,942	$16,087,359
NEE	Nextera Energy Inc	−15,073	73,601	$4,216,601
MSFT	Microsoft Corp	−14,376	72,679	$22,948,394
CSCO	Cisco Systems, Inc.	−13,685	79,403	$4,268,705
JNJ	Johnson & Johnson	−13,415	63,326	$9,863,024
ORCL	Oracle Corp	−12,628	69,766	$7,389,614
SBUX	Starbucks Corp	−11,140	55,425	$5,058,639
CVX	Chevron Corp	−10,504	75,208	$12,681,572
UBER	Uber Technologies, Inc	−10,388	76,281	$3,508,163
SLB	Slb Limited	−9,895	41,330	$2,409,539
GOOG	Alphabet Inc.	−9,796	165,833	$21,865,081
CL	Colgate Palmolive Co	−9,660	41,700	$2,965,287
CRM	Salesforce, Inc.	−8,538	23,042	$4,672,456
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

16 positions

Ticker	Company	Shares	Value
—		37,173	$3,133,684
ILMN	Illumina, Inc.	9,065	$1,699,597
SCHW	Schwab Charles Corp	8,973	$508,589
SCHG	Schwab U.S. Large-Cap Growth ETF	4,820	$361,259
SHEL	Shell plc	5,650	$341,147
ACN	Accenture plc	1,002	$309,197
KMB	Kimberly Clark Corp	1,970	$271,978
SCHB	Schwab U.S. Broad Market ETF	5,178	$267,702
QLD	ProShares Ultra QQQ	4,000	$257,520
WM	Waste Management Inc	1,460	$253,193
IVV	iShares Core S&P 500 ETF	546	$243,357
DIA	Spdr Dow Jones Industrial Average ETF Trust	674	$231,754
CVS	CVS HEALTH Corp	2,925	$202,205
LOW	Lowes Companies Inc	889	$200,647
RPG	Victory Portfolios II	1,429	$43,601
XXII	22nd Century Group, Inc.	21,000	$8,037
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

105 tracked positions · $416,552,790 total · filing declares 118 positions · $425,792,447 · as of Sep 30, 2023

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 105 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
QCOM	Qualcomm Inc Technology	Reduced	311,134	-38,880	$34,554,542	−17.1%	15+	before history	8.30%
AAPL	Apple Inc. Technology	Reduced	158,625	-27,800	$27,158,186	−24.9%	15+	before history	6.52%
MSFT	Microsoft Corp Technology	Reduced	72,679	-14,376	$22,948,394	−22.6%	15+	before history	5.51%
GOOG	Alphabet Inc. Communication Services	Reduced	165,833	-9,796	$21,865,081	+2.9%	15+	before history	5.25%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	32,283	-5,821	$18,238,603	−11.1%	15+	before history	4.38%
V	Visa Inc. Financial Services	Reduced	69,942	-15,378	$16,087,359	−20.6%	15+	before history	3.86%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	114,647	-18,504	$14,573,926	−16.0%	15+	before history	3.50%
MRK	Merck & Co., Inc. Healthcare	Reduced	140,380	-23,197	$14,452,121	−23.4%	15+	before history	3.47%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	96,494	-15,460	$13,993,559	−14.1%	15+	before history	3.36%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	44,144	-8,407	$13,338,551	−18.3%	15+	before history	3.20%
CVX	Chevron Corp Energy	Reduced	75,208	-10,504	$12,681,572	−6.0%	15+	before history	3.04%
MU	Micron Technology Inc Technology	Reduced	182,600	-29,219	$12,422,278	−7.1%	15+	before history	2.98%
BAC	Bank Of America Corp Financial Services	Reduced	388,006	-71,285	$10,623,604	−19.4%	15+	before history	2.55%
JNJ	Johnson & Johnson Healthcare	Reduced	63,326	-13,415	$9,863,024	−22.4%	15+	before history	2.37%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	24,846	-4,417	$8,703,553	−12.8%	15+	before history	2.09%
PFE	Pfizer Inc Healthcare	Reduced	258,550	-22,927	$8,576,103	−16.9%	15+	before history	2.06%
ORCL	Oracle Corp Technology	Reduced	69,766	-12,628	$7,389,614	−24.7%	15+	before history	1.77%
EMR	Emerson Electric Co Industrials	Reduced	66,326	-1,521	$6,405,101	+4.4%	15+	before history	1.54%
PEP	Pepsico Inc Consumer Defensive	Reduced	36,164	-4,838	$6,127,628	−19.3%	15+	before history	1.47%
ETN	Eaton Corp plc Industrials	Reduced	26,945	-745	$5,746,829	+3.2%	15+	before history	1.38%
RTX	RTX Corp Industrials	Reduced	77,876	-41,750	$5,604,735	−52.2%	14	unpriced	1.35%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	94,957	-15,454	$5,511,304	−21.9%	15+	before history	1.32%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	55,425	-11,140	$5,058,639	−23.3%	15+	before history	1.21%
CRM	Salesforce, Inc. Technology	Reduced	23,042	-8,538	$4,672,456	−30.0%	15+	before history	1.12%
SPY	Spdr S&P 500 ETF Trust	Reduced	10,625	-905	$4,541,975	−11.1%	15+	before history	1.09%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	30,984	-5,793	$4,519,326	−19.0%	15+	before history	1.08%
CSCO	Cisco Systems, Inc. Technology	Reduced	79,403	-13,685	$4,268,705	−11.4%	15+	before history	1.02%
NEE	Nextera Energy Inc Utilities	Reduced	73,601	-15,073	$4,216,601	−35.9%	14	$78.11	1.01%
GILD	Gilead Sciences, Inc. Healthcare	Reduced	53,939	-4,225	$4,042,188	−9.8%	15+	before history	0.97%
WELL	Welltower Inc. Real Estate	Added	43,053	+1,706	$3,526,901	+5.5%	15+	before history	0.85%
DIS	Walt Disney Co Communication Services	Added	43,370	+4,581	$3,515,138	+1.5%	15+	before history	0.84%
UBER	Uber Technologies, Inc Technology	Reduced	76,281	-10,388	$3,508,163	−6.2%	15+	before history	0.84%
IJH	iShares Core S&P Mid-Cap ETF	Reduced	14,055	-712	$3,504,614	−9.2%	15+	before history	0.84%
C	Citigroup Inc Financial Services	Reduced	80,909	-6,080	$3,327,787	−16.9%	15+	before history	0.80%
STZ	Constellation Brands, Inc. Consumer Defensive	Reduced	12,797	-1,707	$3,216,270	−9.9%	15+	before history	0.77%
ADSK	Autodesk, Inc. Technology	Reduced	14,881	-2,640	$3,079,027	−14.1%	15+	before history	0.74%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	41,700	-9,660	$2,965,287	−25.1%	15+	before history	0.71%
ALL	Allstate Corp Financial Services	Reduced	25,120	-4,328	$2,798,619	−12.8%	15+	before history	0.67%
GOOGL	Alphabet Inc. Communication Services	Reduced	18,712	-975	$2,448,652	+3.9%	15+	before history	0.59%
SLB	Slb Limited Energy	Reduced	41,330	-9,895	$2,409,539	−4.2%	6	$41.41	0.58%
CTVA	Corteva, Inc. Basic Materials	Reduced	45,948	-7,735	$2,350,699	−23.6%	15+	before history	0.56%
O	Realty Income Corp Real Estate	Reduced	43,464	-5,995	$2,170,592	−26.6%	15+	before history	0.52%
SO	Southern Co Utilities	Reduced	31,570	-4,635	$2,043,210	−19.7%	15+	before history	0.49%
AXP	American Express Co Financial Services	Held	13,200	0	$1,969,308	−14.4%	15+	before history	0.47%
NXPI	NXP Semiconductors N.V. Technology	Reduced	9,789	-1,255	$1,957,016	−13.4%	15+	before history	0.47%
NVS	Novartis AG Healthcare	Reduced	18,825	-3,599	$1,917,514	−15.3%	15+	before history	0.46%
XOM	ExxonMobil Holdings Corp Energy	Reduced	15,813	-1,535	$1,859,292	−0.1%	15+	before history	0.45%
VOO	VANGUARD 500 INDEX FUND	Added	4,696	+58	$1,844,119	−2.4%	15+	before history	0.44%
ASML	Asml Holding NV Technology	Reduced	2,963	-746	$1,744,199	−35.1%	10	$649.50	0.42%
ABNB	Airbnb, Inc. Consumer Cyclical	Reduced	11,487	-2,705	$1,576,131	−13.3%	11	$156.85	0.38%

Showing the top 50 of 105 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.