SP Asset Management LLC
SEC Form 13F institutional filer · CIK 0001962086
13F-HR · 74 reported holdings · 2026-03-31
SP Asset Management LLC is an asset manager.
Reported long-US-equity value
$0.94B
Top-10 concentration
61.7%
SP Asset Management LLC — $945M AUM allocation strategy
SP Asset Management LLC files SEC Form 13F and reports $945M of long US equity value across 74 reported holdings for 2026-03-31.
Its largest sector bet is Communication Services 26.9%, followed by Financials 13.8% and Information Technology 13.7%.
The top 10 holdings account for 62% 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.
SP Asset Management LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$945M
total across 74 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
62% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$MSFT +7.81K sh · −$6.43M+$AAPL +1.81K sh · −$3.54M+$PM +667 sh · +$455K
Biggest trims (shares)
−$QCOM −52.5K sh · −$12.8M−$INTC −24.1K sh · −$790K−$NKE −18.5K sh · −$1.83M
Exited to nil (held last quarter, gone now)
$XYZ ($1.36M last qtr)$PYPL ($655K last qtr)$INTU ($302K last qtr)$COIN ($232K last qtr)$RTX ($227K 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)
- Interactive Media & Services26.9%—
- Multi-Sector Holdings9.5%—
- Technology Hardware, Storage & Peripherals6.0%—
- Biotechnology5.2%—
- Diversified Banks4.3%—
- Managed Health Care4.0%—
- Pharmaceuticals3.8%—
- Systems Software3.6%—
- 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
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $META | Meta Platforms Inc | 341K | $195M | -1.67K | 20.7% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 188K | $89.9M | -2.28K | 9.5% |
| $AAPL | Apple Inc | 223K | $56.7M | +1.81K | 6.0% |
| $ABBV | AbbVie Inc | 226K | $49.2M | -2.45K | 5.2% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 146K | $42.1M | -1.07K | 4.5% |
| $UNH | UnitedHealth Group Incorporated | 138K | $37.3M | +169 | 3.9% |
| $MSFT | Microsoft Corporation | 90K | $33.3M | +7.81K | 3.5% |
| $AMZN | Amazon.com Inc | 133K | $27.6M | -2.54K | 2.9% |
…and 66 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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