American Assets Investment Management, LLC
Long book
$1.47B
Q1 2026
Positions
146
Top-10 weight
36%
concentration
Last quarter
+13.1%
SPY +14.8%
Turnover
5%
of book per quarter
Strategy in plain words
auto-generated from filingsAmerican Assets Investment Management, LLC is a diversified fundamental manager, running a $1.47B US long book across 146 positions.
The portfolio is moderately concentrated (top 10 ≈ 36% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: WELLS FARGO & CO, BANK OF AMERICA CORP, EXXON MOBIL CORP, SHELL PLC-ADR, JPMORGAN CHASE & CO.
Over the last 9 quarters its long book ran on average 1.7pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.5%
Q2 2024
+7.2%
Q3 2024
+10.4%
Q4 2024
-3.9%
Q1 2025
+7.8%
Q2 2025
+13.5%
Q3 2025
+4.7%
Q4 2025
+2.3%
Q1 2026
+13.1%
Sector allocation
Financials 38%
Technology 15%
Energy 12%
Healthcare 10%
Industrials 9%
Utilities 7%
Consumer discretionary 3%
Consumer staples 2%
Long book by quarter
What does American Assets own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| WFC WELLS FARGO & CO | Financials | 940.4K | $74.9M | 5.1% | Held |
| BAC BANK OF AMERICA CORP | Financials | 15.2M | $71.1M | 4.8% | Held |
| XOM EXXON MOBIL CORP | Energy | 410.0K | $69.6M | 4.7% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 2.3M | $55.8M | 3.8% | Held |
| AAPL APPLE INC | Technology | 210.0K | $53.3M | 3.6% | Held |
| GS GOLDMAN SACHS GROUP INC | Financials | 99.0K | $46.5M | 3.2% | Held |
| CVX CHEVRON CORP | Energy | 180.0K | $37.2M | 2.5% | Held |
| MSFT MICROSOFT CORP | Technology | 89.7K | $33.2M | 2.3% | Held |
| CAT CATERPILLAR INC | Industrials | 45.0K | $31.9M | 2.2% | Held |
| PSX PHILLIPS 66 | Energy | 130.8K | $23.8M | 1.6% | Held |
| RGTI RIGETTI COMPUTING INC | Technology | 1.6M | $23.0M | 1.6% | Held |
| TFC TRUIST FINANCIAL CORP | Financials | 3.4M | $20.6M | 1.4% | Held |
| WMT WALMART INC | Consumer discretionary | 162.0K | $20.1M | 1.4% | Held |
| C CITIGROUP INC | Financials | 176.4K | $18.3M | 1.2% | Held |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 99.5K | $18.2M | 1.2% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 59.0K | $17.0M | 1.2% | Held |
| RY ROYAL BANK OF CANADA | Financials | 103.5K | $16.7M | 1.1% | Held |
| WDC WESTERN DIGITAL CORP | Technology | 60.0K | $16.2M | 1.1% | Held |
| MS MORGAN STANLEY | Financials | 132.0K | $16.1M | 1.1% | Held |
| TD TORONTO-DOMINION BANK | Financials | 165.0K | $15.4M | 1.0% | Held |
| MRK MERCK & CO. INC. | Healthcare | 125.0K | $15.0M | 1.0% | Held |
| KR KROGER CO | Consumer discretionary | 206.2K | $14.9M | 1.0% | Held |
| GE GENERAL ELECTRIC | Industrials | 52.5K | $14.9M | 1.0% | Held |
| USB US BANCORP | Financials | 270.0K | $14.0M | 1.0% | Held |
| TTE TOTALENERGIES SE | Energy | 150.0K | $13.7M | 0.9% | Held |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 115.0K | $13.6M | 0.9% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 51.8K | $13.6M | 0.9% | -9.1% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 55.0K | $13.3M | 0.9% | Held |
| ABBV ABBVIE INC | Healthcare | 60.3K | $13.1M | 0.9% | Held |
| BMO BANK OF MONTREAL | Financials | 96.0K | $13.0M | 0.9% | Held |
| SNDK SANDISK CORP | Technology | 20.0K | $12.7M | 0.9% | Held |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 60.0K | $12.5M | 0.8% | Held |
| FDX FEDEX CORP | Industrials | 35.0K | $12.5M | 0.8% | Held |
| AMGN AMGEN INC | Healthcare | 35.2K | $12.4M | 0.8% | Held |
| GEV GE VERNOVA INC | Industrials | 13.1K | $11.5M | 0.8% | Held |
| KO COCA-COLA CO/THE | Consumer staples | 150.1K | $11.4M | 0.8% | Held |
| DE DEERE & CO | Industrials | 20.0K | $11.3M | 0.8% | Held |
| LLY ELI LILLY & CO | Healthcare | 12.0K | $11.0M | 0.7% | Held |
| STT STATE STREET CORP | Financials | 85.0K | $10.8M | 0.7% | Held |
| NOC NORTHROP GRUMMAN CORP | Technology | 15.0K | $10.2M | 0.7% | Held |
| CEG CONSTELLATION ENERGY | Utilities | 33.3K | $9.3M | 0.6% | Held |
| COP CONOCOPHILLIPS | Energy | 70.0K | $9.2M | 0.6% | Held |
| SRE SEMPRA | Utilities | 92.0K | $8.9M | 0.6% | Held |
| NTRS NORTHERN TRUST CORP | Financials | 60.0K | $8.4M | 0.6% | Held |
| PNW PINNACLE WEST CAPITAL | Utilities | 83.0K | $8.4M | 0.6% | Held |
| CB CHUBB LTD | Financials | 25.0K | $8.1M | 0.6% | Held |
| SCHW SCHWAB (CHARLES) CORP | Financials | 86.7K | $8.1M | 0.6% | Held |
| AEP AMERICAN ELECTRIC POWER | Utilities | 60.0K | $7.9M | 0.5% | Held |
| PRU PRUDENTIAL FINANCIAL INC | Financials | 80.5K | $7.9M | 0.5% | Held |
| NRG NRG ENERGY INC | Utilities | 53.1K | $7.8M | 0.5% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 146 | $1.47B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 3, 2026 | 145 | $1.45B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 142 | $1.36B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 5, 2025 | 143 | $1.24B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR/ARESTATEMENT | May 9, 2025 | 146 | $1.14B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 146 | $1.14B | SEC ↗ | |
| Q4 2024 | 13F-HR/ANEW HOLDINGS | Mar 17, 2025 | 4 | $3.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 152 | $1.23B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 5, 2024 | 160 | $1.14B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 31, 2024 | 161 | $1.07B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 168 | $1.05B | canonical | SEC ↗ |
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