American Assets Investment Management, LLC

CIK

1389256

Location

SAN DIEGO, CA

Portfolio Value

Mid $2,923,760,642

Diversification

Diversified

Filing Date

Global Rank

#945 / 8,607 ▼ 14 · as of Mar 2026

Top Industry

Banks - Diversified 54.2%

3Y Alpha vs SPY

+3.0%

Period ended 3 months ago

Filed May 11, 2026 · 2mo

25 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

+88.7%

SPY

+75.2%

Annualised alpha

+3.0%

Max drawdown

−18.4%

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

144 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

25.4%

−2.0 pts

Top 5

58.9%

−3.4 pts

Top 10

67.5%

−2.4 pts

HHI

1,234

Diversified−149

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	67.0%	$1,960,098,808	30
Energy	7.8%	$228,321,304	11
Technology	6.5%	$189,827,240	12
Healthcare	5.1%	$149,390,766	29
Industrials	3.8%	$112,017,214	13
Utilities	2.9%	$83,365,472	14
Consumer Defensive	2.6%	$77,100,200	12
Real Estate	2.0%	$57,792,568	10
Consumer Cyclical	0.9%	$26,346,654	6
Communication Services	0.8%	$23,051,040	3
Basic Materials	0.6%	$16,449,376	4

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
PBI	Pitney Bowes Inc /De/	−122,000	8,000	$88,400
RIVN	Rivian Automotive, Inc. / DE	−40,000	35,000	$526,750
JNJ	Johnson & Johnson	−5,200	51,800	$12,661,992
A	Agilent Technologies, Inc.	−500	6,000	$683,880
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
RBC	RBC Bearings INC	5,000	$2,715,600
WHD	Cactus, Inc.	45,000	$2,131,650
WAT	Waters Corp /De/	744	$221,563
LMND	Lemonade, Inc.	1,800	$112,824
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
VZ	Verizon Communications Inc	140,000	$5,702,200
ADBE	Adobe Inc.	3,000	$1,049,970
XYZ	Block, Inc.	5,000	$325,450
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

144 positions · $2,923,760,642 total · as of Mar 31, 2026

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

Showing 1–50 of 144 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BAC	Bank Of America Corp /De/ Financial Services	Held	15,224,325	0	$742,185,843	−11.4%	25.38%
JPM	Jpmorgan Chase & Co Financial Services	Held	2,259,400	0	$664,625,104	−8.7%	22.73%
TFC	Truist Financial Corp Financial Services	Held	3,384,000	0	$155,562,480	−6.6%	5.32%
GS	Goldman Sachs Group Inc Financial Services	Held	99,000	0	$83,753,010	−3.8%	2.86%
WFC	Wells Fargo & Company/Mn Financial Services	Held	940,400	0	$74,865,244	−14.6%	2.56%
XOM	ExxonMobil Holdings Corp Energy	Held	410,000	0	$69,560,600	+41.0%	2.38%
SHEL	Shell plc Energy	Held	651,000	0	$60,543,000	+26.6%	2.07%
AAPL	Apple Inc. Technology	Held	210,000	0	$53,295,900	−6.6%	1.82%
CVX	Chevron Corp Energy	Held	180,000	0	$37,242,000	+35.8%	1.27%
MSFT	Microsoft Corp Technology	Held	89,650	0	$33,185,740	−23.5%	1.14%
CAT	Caterpillar Inc Industrials	Held	45,000	0	$31,880,700	+23.7%	1.09%
AAT	American Assets Trust, Inc. Real Estate	Held	1,477,340	0	$27,197,829	−2.7%	0.93%
PSX	Phillips 66 Energy	Held	130,800	0	$23,829,144	+41.2%	0.82%
RGTI	Rigetti Computing, Inc. Technology	Held	1,639,800	0	$23,022,792	−36.6%	0.79%
MS	Morgan Stanley Financial Services	Held	132,000	0	$21,723,240	−7.3%	0.74%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Held	60,000	0	$20,277,000	+11.2%	0.69%
WMT	Walmart Inc. Consumer Defensive	Held	162,000	0	$20,133,360	+11.6%	0.69%
C	Citigroup Inc Financial Services	Held	176,400	0	$20,005,524	−2.8%	0.68%
COF	Capital One Financial Corp Financial Services	Held	99,500	0	$18,151,785	−24.7%	0.62%
GOOGL	Alphabet Inc. Communication Services	Held	59,000	0	$16,966,040	−8.1%	0.58%
RY	Royal Bank Of Canada Financial Services	Held	103,500	0	$16,744,230	−5.1%	0.57%
WDC	Western Digital Corp Technology	Held	60,000	0	$16,229,400	+57.0%	0.56%
TD	Toronto Dominion Bank Financial Services	Held	165,000	0	$15,396,150	−0.9%	0.53%
MRK	Merck & Co., Inc. Healthcare	Held	125,000	0	$15,036,250	+14.3%	0.51%
KR	Kroger Co Consumer Defensive	Held	206,150	0	$14,917,014	+15.8%	0.51%
GE	General Electric Co Industrials	Held	52,500	0	$14,897,925	−7.9%	0.51%
ESS	Essex Property Trust, Inc. Real Estate	Held	59,500	0	$14,399,000	−7.5%	0.49%
NVS	Novartis AG Healthcare	Held	93,610	0	$14,298,927	+10.8%	0.49%
USB	US Bancorp De Financial Services	Held	270,000	0	$14,042,700	−2.5%	0.48%
HSBC	Hsbc Holdings PLC Financial Services	Held	166,918	0	$13,769,065	+4.9%	0.47%
TTE	TotalEnergies SE Energy	Held	150,000	0	$13,647,000	+39.1%	0.47%
BNY	Bank of New York Mellon Corp Financial Services	Held	115,000	0	$13,642,450	+2.2%	0.47%
IBM	International Business Machines Corp Technology	Held	55,000	0	$13,331,450	−18.2%	0.46%
ABBV	AbbVie Inc. Healthcare	Held	60,294	0	$13,113,342	−4.8%	0.45%
BMO	Bank Of Montreal /Can/ Financial Services	Held	96,000	0	$12,992,640	+4.3%	0.44%
SNDK	Sandisk Corp Technology	Held	20,000	0	$12,706,800	+167.6%	0.43%
JNJ	Johnson & Johnson Healthcare	Reduced	51,800	-5,200	$12,661,992	+7.3%	0.43%
PNC	Pnc Financial Services Group, Inc. Financial Services	Held	60,000	0	$12,485,400	−0.3%	0.43%
AMGN	Amgen Inc Healthcare	Held	35,190	0	$12,381,601	+7.5%	0.42%
GEV	GE Vernova Inc. Industrials	Held	13,125	0	$11,456,812	+33.6%	0.39%
KO	Coca Cola Co Consumer Defensive	Held	150,060	0	$11,412,063	+8.8%	0.39%
DE	Deere & Co Industrials	Held	20,000	0	$11,266,000	+21.0%	0.39%
LLY	ELI LILLY & Co Healthcare	Held	12,000	0	$11,037,240	−14.4%	0.38%
STT	State Street Corp Financial Services	Held	85,000	0	$10,757,600	−1.9%	0.37%
NOC	Northrop Grumman Corp /De/ Industrials	Held	15,000	0	$10,233,600	+19.6%	0.35%
FDX	Fedex Corp Industrials	Held	35,000	0	$10,045,367	+23.3%	0.34%
CEG	Constellation Energy Corp Utilities	Held	33,333	0	$9,308,240	−21.0%	0.32%
COP	Conocophillips Energy	Held	70,000	0	$9,240,000	+41.0%	0.32%
SRE	Sempra Utilities	Held	92,000	0	$8,939,640	+10.1%	0.31%
UL	Unilever PLC Consumer Defensive	Held	151,111	0	$8,608,793	−12.9%	0.29%