Cresset Asset Management, LLC

Wealth advisor Mechanical CIK 1761013
League rank
#269
in Wealth advisor · #1820 overall
Long book
$23.10B
Q1 2026
Positions
1582
Top-10 weight
44%
concentration
Last quarter
+14.5%
SPY +14.8%
Turnover
17%
of book per quarter

Strategy in plain words

auto-generated from filings

Cresset Asset Management, LLC is a wealth-management firm allocating client money, running a $23.10B US long book across 1582 positions.

The portfolio is moderately concentrated (top 10 ≈ 44% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ARISTA NETWORKS INC, SS SPDR S&P 500 ETF TRUST-US, ISHARES CORE S&P 500 ETF, INVESCO S&P 500 EQUAL WEIGHT, VANGUARD S&P 500 ETF.

Over the last 9 quarters its long book ran on average 0.2pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+4.5%
Q2 2024
+7.1%
Q3 2024
+3.1%
Q4 2024
-7.5%
Q1 2025
+11.0%
Q2 2025
+12.8%
Q3 2025
+0.4%
Q4 2025
-3.8%
Q1 2026
+14.5%

Sector allocation

Technology
56%
Financials
10%
Industrials
9%
Consumer discretionary
5%
Other
5%
Healthcare
5%
Services media
3%
Utilities
3%

Long book by quarter

$20.53B
Q1 2024
$23.56B
Q2 2024
$25.75B
Q3 2024
$20.74B
Q4 2024
$19.93B
Q1 2025
$19.96B
Q2 2025
$22.71B
Q3 2025
$23.52B
Q4 2025
$23.10B
Q1 2026

What does Cresset Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ANET ARISTA NETWORKS INCTechnology20.7M$2.54B11.0%0.0%
AAPL APPLE INCTechnology1.8M$465.1M2.0%-0.7%
GOOGL ALPHABET INC-CL ATechnology1.2M$354.0M1.5%+4.7%
META META PLATFORMS INC-CLASS ATechnology549.8K$314.5M1.4%-8.7%
MSFT MICROSOFT CORPTechnology579.6K$214.6M0.9%+5.7%
RDDT REDDIT INC-CL ATechnology1.5M$205.1M0.9%-10.2%
GOOG ALPHABET INC-CL CTechnology691.8K$198.4M0.9%-2.4%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology1.3M$188.7M0.8%+2.9%
NVDA NVIDIA CORPTechnology1.1M$188.5M0.8%-1.9%
CHRW C.H. ROBINSON WORLDWIDE INCIndustrials1.1M$178.4M0.8%-0.1%
AMZN AMAZON.COM INCConsumer discretionary668.9K$139.3M0.6%+7.3%
OTF BLUE OWL TECHNOLOGY FINANCE8.2M$104.6M0.5%+89.4%
JPM JPMORGAN CHASE & COFinancials351.2K$103.3M0.4%-0.9%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials188.5K$90.3M0.4%+3.6%
OBDC BLUE OWL CAPITAL CORP7.3M$83.3M0.4%+10.6%
JNJ JOHNSON & JOHNSONHealthcare337.2K$82.4M0.4%-6.9%
ORCL ORACLE CORPTechnology531.8K$78.2M0.3%-0.6%
WMT WALMART INCConsumer discretionary618.8K$77.1M0.3%-10.3%
TSLA TESLA INCIndustrials191.2K$71.1M0.3%-1.1%
CAT CATERPILLAR INCIndustrials95.8K$67.8M0.3%+0.8%
V VISA INC-CLASS A SHARESServices media197.4K$59.7M0.3%+1.5%
BAC BANK OF AMERICA CORPFinancials1.2M$58.7M0.3%-4.8%
CVX CHEVRON CORPEnergy279.9K$57.9M0.3%+56.0%
OWL BLUE OWL CAPITAL INCFinancials6.3M$57.8M0.3%+363.3%
XOM EXXON MOBIL CORPEnergy335.4K$56.9M0.2%-4.7%
AVGO BROADCOM INCTechnology158.2K$49.0M0.2%+5.7%
LLY ELI LILLY & COHealthcare52.0K$47.8M0.2%-14.3%
UNH UNITEDHEALTH GROUP INCFinancials176.6K$47.8M0.2%+1.5%
MA MASTERCARD INC - AServices media93.7K$46.8M0.2%-0.7%
ADI ANALOG DEVICES INCTechnology146.6K$46.6M0.2%-14.5%
TXN TEXAS INSTRUMENTS INCTechnology233.5K$45.3M0.2%+13.8%
PEP PEPSICO INCConsumer staples290.3K$45.1M0.2%-2.1%
CSCO CISCO SYSTEMS INCTechnology578.4K$44.9M0.2%-0.1%
SCHW SCHWAB (CHARLES) CORPFinancials442.8K$41.6M0.2%+1.8%
ABBV ABBVIE INCHealthcare181.6K$39.5M0.2%-1.0%
TECH BIO-TECHNE CORPHealthcare739.2K$38.6M0.2%+6.6%
UBER UBER TECHNOLOGIES INCServices media495.2K$35.6M0.2%-10.0%
MCD MCDONALD'S CORPConsumer discretionary110.6K$34.4M0.1%+1.8%
COST COSTCO WHOLESALE CORPConsumer discretionary33.9K$33.8M0.1%+1.1%
IBM INTL BUSINESS MACHINES CORPTechnology137.1K$33.2M0.1%+9.5%
RTX RTX CORPIndustrials170.4K$32.9M0.1%-4.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20261657$23.11B canonicalSEC ↗
Q4 202513F-HRFeb 17, 20261658$23.73B canonicalSEC ↗
Q3 202513F-HR/ARESTATEMENTJan 22, 20261571$22.96B canonicalSEC ↗
Q3 202513F-HRNov 12, 20251847$26.58B SEC ↗
Q2 202513F-HR/ARESTATEMENTJan 22, 20261429$20.12B canonicalSEC ↗
Q2 202513F-HRAug 13, 20251624$23.07B SEC ↗
Q1 202513F-HRMay 13, 20251711$20.06B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20251749$20.93B canonicalSEC ↗
Q3 202413F-HRNov 14, 20244096$25.99B canonicalSEC ↗
Q2 202413F-HRAug 14, 20243921$23.81B canonicalSEC ↗
Q1 202413F-HRMay 15, 20243072$20.78B canonicalSEC ↗