Spectrum Asset Management, Inc. (NB/CA)
SEC Form 13F institutional filer · CIK 0001632078
13F-HR · 58 reported holdings · 2026-03-31
Reported long-US-equity value
$0.19B
Top-10 concentration
63.6%
Spectrum Asset Management, Inc. (NB/CA) — $185M AUM allocation strategy
Spectrum Asset Management, Inc. (NB/CA) files SEC Form 13F and reports $185M of long US equity value across 58 reported holdings for 2026-03-31.
Its largest sector bet is Financials 47.0%, followed by Industrials 8.8% and Energy 7.3%.
The top 10 holdings account for 64% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Spectrum Asset Management, Inc. (NB/CA) — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$185M
total across 58 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
64% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$GS +6.42K sh · +$554K+$IVV +6.24K sh · +$801K+$XLE +2.85K sh · +$1.1M
Biggest trims (shares)
−$SCHW −111K sh · −$3.13M−$CSCO −6.8K sh · −$493K−$WMT −4.08K sh · +$76.7K
Exited to nil (held last quarter, gone now)
$ABT ($2.73M last qtr)$BEN ($2.32M last qtr)$QCOM ($517K last qtr)$RMD ($452K last qtr)$PANW ($281K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Investment Banking & Brokerage19.8%—
- Diversified Banks17.8%—
- Asset Management & Custody Banks7.8%—
- Integrated Oil & Gas7.3%—
- Interactive Media & Services2.9%—
- Consumer Staples Merchandise Retail2.7%—
- Construction & Engineering2.6%—
- Aerospace & Defense2.4%—
- Other holdings36.8%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $SCHW | Charles Schwab Corporation | 1.09M | $33.3M | -111K | 17.9% |
| $WFC | Wells Fargo & Company | 415K | $33M | — | 17.8% |
| $IVZ | Invesco Ltd | 74.8K | $14.4M | +1.59K | 7.7% |
| $XOM | ExxonMobil Holdings Corporation | 40.5K | $6.86M | +1.59K | 3.7% |
| $CVX | Chevron Corporation | 32.3K | $6.69M | +2.25K | 3.6% |
| $GOOGL | Alphabet Inc | 18.9K | $5.44M | -209 | 2.9% |
| $WMT | Walmart Inc | 40.5K | $5.05M | -4.08K | 2.7% |
| $EME | EMCOR Group Inc | 6.35K | $4.69M | -24 | 2.5% |
| $LHX | L3Harris Technologies Inc | 12.7K | $4.39M | +9 | 2.4% |
| $CSCO | Cisco Systems Inc | 55.1K | $4.28M | -6.8K | 2.3% |
…and 48 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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