PRIVATE ASSET MANAGEMENT INC

CIK

1026200

Location

SAN DIEGO, CA

Portfolio Value

Small $376,581,780

Diversification

Diversified

Filing Date

Global Rank

#2,317 / 6,900 ▼ 186 · as of Sep 2023

Top Industry

Semiconductors 13.6%

3Y Alpha vs SPY

+4.9%

Period ended 2 years ago

Filed Oct 20, 2023 · 2y

15 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+98.2%

SPY

+76.5%

Annualised alpha

+4.8%

Max drawdown

−18.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

83 positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023

Top Position

9.2%

+0.2 pts

Top 5

31.6%

−0.4 pts

Top 10

49.9%

+0.2 pts

HHI

355

Diversified−3

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Technology	33.6%	$126,488,428	15
Financial Services	16.2%	$60,845,424	13
Healthcare	12.6%	$47,365,275	13
Consumer Cyclical	9.7%	$36,643,284	8
Consumer Defensive	9.5%	$35,608,720	7
Industrials	5.5%	$20,554,027	6
Energy	4.4%	$16,503,108	4
Utilities	2.6%	$9,697,813	6
Communication Services	1.9%	$7,162,867	4
Unclassified	1.7%	$6,557,018	3
Real Estate	1.5%	$5,697,493	2
Basic Materials	0.9%	$3,458,323	2

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
SRE	Sempra	+10,500	21,000	$1,428,630
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
SYY	Sysco Corp	+91	7,116	$470,011
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 /De/	−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/De	−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/Nv	−9,895	41,330	$2,409,539
CL	Colgate Palmolive Co	−9,660	41,700	$2,965,287
CRM	Salesforce, Inc.	−8,538	23,042	$4,672,456
HD	Home Depot, Inc.	−8,407	44,144	$13,338,551
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

9 positions

Ticker	Company	Shares	Value
ILMN	Illumina, Inc.	9,065	$1,653,304
SCHW	Schwab Charles Corp	8,973	$508,589
SHEL	Shell plc	5,650	$341,147
ACN	Accenture plc	1,002	$309,197
KMB	Kimberly Clark Corp	1,970	$271,978
WM	Waste Management Inc	1,460	$253,193
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
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

83 positions · $376,581,780 total · 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 83 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QCOM	Qualcomm Inc/De Technology	Reduced	311,134	-38,880	$34,554,542	−17.1%	9.18%
AAPL	Apple Inc. Technology	Reduced	158,625	-27,800	$27,158,186	−24.9%	7.21%
MSFT	Microsoft Corp Technology	Reduced	72,679	-14,376	$22,948,394	−22.6%	6.09%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	32,283	-5,821	$18,238,603	−11.1%	4.84%
V	Visa Inc. Financial Services	Reduced	69,942	-15,378	$16,087,359	−20.6%	4.27%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	114,647	-18,504	$14,573,926	−16.0%	3.87%
MRK	Merck & Co., Inc. Healthcare	Reduced	140,380	-23,197	$14,452,121	−23.4%	3.84%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	96,494	-15,460	$13,993,559	−14.1%	3.72%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	44,144	-8,407	$13,338,551	−18.3%	3.54%
CVX	Chevron Corp Energy	Reduced	75,208	-10,504	$12,681,572	−6.0%	3.37%
MU	Micron Technology Inc Technology	Reduced	182,600	-29,219	$12,422,278	−7.1%	3.30%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	388,006	-71,285	$10,623,604	−19.4%	2.82%
JNJ	Johnson & Johnson Healthcare	Reduced	63,326	-13,415	$9,863,024	−22.4%	2.62%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	24,846	-4,417	$8,703,553	−12.8%	2.31%
PFE	Pfizer Inc Healthcare	Reduced	258,550	-22,927	$8,576,103	−16.9%	2.28%
ORCL	Oracle Corp Technology	Reduced	69,766	-12,628	$7,389,614	−24.7%	1.96%
EMR	Emerson Electric Co Industrials	Reduced	66,326	-1,521	$6,405,101	+4.4%	1.70%
PEP	Pepsico Inc Consumer Defensive	Reduced	36,164	-4,838	$6,127,628	−19.3%	1.63%
ETN	Eaton Corp plc Industrials	Reduced	26,945	-745	$5,746,829	+3.2%	1.53%
RTX	RTX Corp Industrials	Reduced	77,876	-41,750	$5,604,735	−52.2%	1.49%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	94,957	-15,454	$5,511,304	−21.9%	1.46%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	55,425	-11,140	$5,058,639	−23.3%	1.34%
CRM	Salesforce, Inc. Technology	Reduced	23,042	-8,538	$4,672,456	−30.0%	1.24%
SPY	Spdr S&P 500 ETF Trust	Reduced	10,625	-905	$4,541,975	−11.1%	1.21%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	30,984	-5,793	$4,519,326	−19.0%	1.20%
CSCO	Cisco Systems, Inc. Technology	Reduced	79,403	-13,685	$4,268,705	−11.4%	1.13%
NEE	Nextera Energy Inc Utilities	Reduced	73,601	-15,073	$4,216,601	−35.9%	1.12%
GILD	Gilead Sciences, Inc. Healthcare	Reduced	53,939	-4,225	$4,042,188	−9.8%	1.07%
WELL	Welltower Inc. Real Estate	Added	43,053	+1,706	$3,526,901	+5.5%	0.94%
DIS	Walt Disney Co Communication Services	Added	43,370	+4,581	$3,515,138	+1.5%	0.93%
UBER	Uber Technologies, Inc Technology	Reduced	76,281	-10,388	$3,508,163	−6.2%	0.93%
C	Citigroup Inc Financial Services	Reduced	80,909	-6,080	$3,327,787	−16.9%	0.88%
STZ	Constellation Brands, Inc. Consumer Defensive	Reduced	12,797	-1,707	$3,216,270	−9.9%	0.85%
ADSK	Autodesk, Inc. Technology	Reduced	14,881	-2,640	$3,079,027	−14.1%	0.82%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	41,700	-9,660	$2,965,287	−25.1%	0.79%
ALL	Allstate Corp Financial Services	Reduced	25,120	-4,328	$2,798,619	−12.8%	0.74%
GOOGL	Alphabet Inc. Communication Services	Reduced	18,712	-975	$2,448,652	+3.9%	0.65%
SLB	Slb Limited/Nv Energy	Reduced	41,330	-9,895	$2,409,539	−4.2%	0.64%
CTVA	Corteva, Inc. Basic Materials	Reduced	45,948	-7,735	$2,350,699	−23.6%	0.62%
O	Realty Income Corp Real Estate	Reduced	43,464	-5,995	$2,170,592	−26.6%	0.58%
SO	Southern Co Utilities	Reduced	31,570	-4,635	$2,043,210	−19.7%	0.54%
AXP	American Express Co Financial Services	Held	13,200	0	$1,969,308	−14.4%	0.52%
NXPI	NXP Semiconductors N.V. Technology	Reduced	9,789	-1,255	$1,957,016	−13.4%	0.52%
NVS	Novartis AG Healthcare	Reduced	18,825	-3,599	$1,917,514	−15.3%	0.51%
ASML	Asml Holding NV Technology	Reduced	2,963	-746	$1,744,199	−35.1%	0.46%
ABNB	Airbnb, Inc. Consumer Cyclical	Reduced	11,487	-2,705	$1,576,131	−13.3%	0.42%
UNP	Union Pacific Corp Industrials	Reduced	7,587	-995	$1,544,940	−12.0%	0.41%
INTC	Intel Corp Technology	Reduced	40,554	-25,891	$1,441,694	−35.1%	0.38%
SRE	Sempra Utilities	Added	21,000	+10,500	$1,428,630	+86.9%	0.38%
DUK	Duke Energy CORP Utilities	Added	15,813	+1,736	$1,395,655	+10.5%	0.37%