CARRET ASSET MANAGEMENT, LLC

Other Low signal CIK 791490
League rank
#678
in Other · #2340 overall
Long book
$1.02B
Q1 2026
Positions
293
Top-10 weight
34%
concentration
Last quarter
+13.5%
SPY +14.8%
Turnover
5%
of book per quarter

Strategy in plain words

auto-generated from filings

CARRET ASSET MANAGEMENT, LLC is an institutional manager, running a $1.02B US long book across 293 positions.

The portfolio is moderately concentrated (top 10 ≈ 34% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, ALPHABET INC-CL C, JPMORGAN CHASE & CO, MICROSOFT CORP, ALPHABET INC-CL A.

Over the last 9 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.0%
Q2 2024
+6.9%
Q3 2024
+1.2%
Q4 2024
-1.9%
Q1 2025
+7.3%
Q2 2025
+10.1%
Q3 2025
+4.0%
Q4 2025
-1.9%
Q1 2026
+13.5%

Sector allocation

Technology
35%
Financials
22%
Healthcare
11%
Industrials
10%
Consumer discretionary
6%
Energy
4%
Utilities
4%
Services media
3%

Long book by quarter

$849.1M
Q1 2024
$856.7M
Q2 2024
$921.8M
Q3 2024
$913.0M
Q4 2024
$885.2M
Q1 2025
$936.0M
Q2 2025
$1.03B
Q3 2025
$1.05B
Q4 2025
$1.02B
Q1 2026

What does CARRET ASSET own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology318.4K$80.8M7.9%-0.1%
GOOG ALPHABET INC-CL CTechnology164.5K$47.2M4.6%-1.2%
JPM JPMORGAN CHASE & COFinancials144.6K$42.5M4.2%-0.3%
MSFT MICROSOFT CORPTechnology112.9K$41.8M4.1%-0.8%
GOOGL ALPHABET INC-CL ATechnology109.4K$31.4M3.1%-0.9%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials59.1K$28.3M2.8%-0.9%
PEN PENUMBRA INCHealthcare72.0K$23.6M2.3%Held
JNJ JOHNSON & JOHNSONHealthcare81.3K$19.9M1.9%-0.2%
CVX CHEVRON CORPEnergy87.6K$18.1M1.8%-5.7%
ORCL ORACLE CORPTechnology107.9K$15.9M1.6%-2.8%
AXP AMERICAN EXPRESS COFinancials52.4K$15.8M1.6%-0.2%
LRCX LAM RESEARCH CORPIndustrials71.9K$15.4M1.5%-7.6%
AMZN AMAZON.COM INCConsumer discretionary69.0K$14.4M1.4%+0.2%
CSCO CISCO SYSTEMS INCTechnology182.7K$14.2M1.4%-0.6%
WMT WALMART INCConsumer discretionary113.3K$14.1M1.4%-1.8%
NVDA NVIDIA CORPTechnology77.4K$13.5M1.3%+4.9%
META META PLATFORMS INC-CLASS ATechnology23.1K$13.2M1.3%+1.9%
PH PARKER HANNIFIN CORPIndustrials14.5K$13.0M1.3%-0.1%
GS GOLDMAN SACHS GROUP INCFinancials14.2K$12.0M1.2%Held
AMAT APPLIED MATERIALS INCTechnology33.3K$11.4M1.1%-3.1%
ABBV ABBVIE INCHealthcare49.8K$10.8M1.1%-0.1%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials15$10.8M1.1%Held
ETN EATON CORP PLCIndustrials28.9K$10.3M1.0%+0.8%
TRV TRAVELERS COS INC/THEFinancials35.3K$10.3M1.0%-0.1%
PEP PEPSICO INCConsumer staples61.9K$9.6M0.9%+0.2%
MRK MERCK & CO. INC.Healthcare78.7K$9.5M0.9%-3.0%
GLW CORNING INCIndustrials64.7K$8.8M0.9%-5.2%
ALL ALLSTATE CORPFinancials42.0K$8.7M0.9%+0.1%
AEP AMERICAN ELECTRIC POWERUtilities62.6K$8.2M0.8%0.0%
HIG HARTFORD INSURANCE GROUP INCFinancials60.6K$8.2M0.8%-0.4%
AVGO BROADCOM INCTechnology25.1K$7.8M0.8%-2.3%
FDX FEDEX CORPIndustrials21.6K$7.7M0.8%-2.9%
SO SOUTHERN CO/THEUtilities71.8K$6.9M0.7%-0.1%
PG PROCTER & GAMBLE CO/THEOther46.3K$6.7M0.7%+0.2%
V VISA INC-CLASS A SHARESServices media21.2K$6.4M0.6%-2.4%
LHX L3HARRIS TECHNOLOGIES INCTechnology18.3K$6.3M0.6%-0.4%
PGR PROGRESSIVE CORPFinancials30.9K$6.1M0.6%+4.8%
XOM EXXON MOBIL CORPEnergy35.0K$5.9M0.6%-5.1%
DIS WALT DISNEY CO/THEServices media61.4K$5.9M0.6%-1.8%
HCA HCA HEALTHCARE INCHealthcare12.2K$5.8M0.6%-0.1%
MS MORGAN STANLEYFinancials34.5K$5.7M0.6%0.0%
PNC PNC FINANCIAL SERVICES GROUPFinancials26.6K$5.5M0.5%+0.7%
MA MASTERCARD INC - AServices media10.8K$5.4M0.5%Held
BAC BANK OF AMERICA CORPFinancials107.3K$5.2M0.5%-0.1%
TGT TARGET CORPConsumer discretionary42.9K$5.2M0.5%-4.7%
ABT ABBOTT LABORATORIESHealthcare48.7K$5.0M0.5%-0.3%
HD HOME DEPOT INCConsumer discretionary14.5K$4.8M0.5%0.0%
IBM INTL BUSINESS MACHINES CORPTechnology19.4K$4.7M0.5%-1.3%
CHD CHURCH & DWIGHT CO INCOther48.2K$4.5M0.4%-5.3%
LLY ELI LILLY & COHealthcare4.9K$4.5M0.4%-1.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026293$1.02B canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026295$1.05B canonicalSEC ↗
Q3 202513F-HRNov 13, 2025287$1.03B canonicalSEC ↗
Q2 202513F-HRAug 4, 2025279$936.0M canonicalSEC ↗
Q1 202513F-HRApr 22, 2025275$885.2M canonicalSEC ↗
Q4 202413F-HRFeb 10, 2025283$913.0M canonicalSEC ↗
Q3 202413F-HROct 24, 2024286$921.8M canonicalSEC ↗
Q2 202413F-HRAug 1, 2024276$856.7M canonicalSEC ↗
Q1 202413F-HRApr 19, 2024279$849.1M canonicalSEC ↗