CYPRESS ASSET MANAGEMENT INC/TX
Long book
$431.2M
Q1 2026
Positions
104
Top-10 weight
44%
concentration
Last quarter
+18.6%
SPY +18.6%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsCYPRESS ASSET MANAGEMENT INC/TX is a diversified fundamental manager, running a $431.2M US long book across 104 positions.
The portfolio is moderately concentrated (top 10 ≈ 44% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, APPLE INC, BROADCOM INC, ELI LILLY & CO, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 5 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
+6.4%
Q2 2024
+4.2%
Q3 2024
-0.3%
Q4 2024
-3.9%
Q1 2025
+11.3%
Q2 2025
+7.2%
Q3 2025
+3.8%
Q4 2025
-2.8%
Q1 2026
+18.6%
Sector allocation
Technology 41%
Industrials 13%
Financials 11%
Consumer discretionary 10%
Healthcare 10%
Services media 8%
Other 2%
Consumer staples 2%
Long book by quarter
What does CYPRESS ASSET own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 167.2K | $29.2M | 6.8% | -2.9% |
| AAPL APPLE INC | Technology | 108.6K | $27.6M | 6.4% | -1.9% |
| AVGO BROADCOM INC | Technology | 68.8K | $21.3M | 4.9% | -0.1% |
| LLY ELI LILLY & CO | Healthcare | 21.9K | $20.2M | 4.7% | -1.9% |
| MSFT MICROSOFT CORP | Technology | 51.1K | $18.9M | 4.4% | -2.6% |
| JPM JPMORGAN CHASE & CO | Financials | 58.3K | $17.2M | 4.0% | -1.5% |
| GOOG ALPHABET INC-CL C | Technology | 51.4K | $14.7M | 3.4% | +1.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 68.3K | $14.2M | 3.3% | -1.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 13.3K | $13.2M | 3.1% | -1.2% |
| GS GOLDMAN SACHS GROUP INC | Financials | 14.3K | $12.1M | 2.8% | -0.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 24.4K | $11.7M | 2.7% | -1.9% |
| ADI ANALOG DEVICES INC | Technology | 32.7K | $10.4M | 2.4% | -0.6% |
| MELI MERCADOLIBRE INC | Services media | 5.4K | $9.4M | 2.2% | -1.6% |
| MA MASTERCARD INC - A | Services media | 17.8K | $8.9M | 2.1% | -1.2% |
| META META PLATFORMS INC-CLASS A | Technology | 14.3K | $8.2M | 1.9% | -2.2% |
| V VISA INC-CLASS A SHARES | Services media | 26.5K | $8.0M | 1.9% | -1.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 32.7K | $8.0M | 1.9% | -2.1% |
| AMAT APPLIED MATERIALS INC | Technology | 23.1K | $7.9M | 1.8% | -1.8% |
| PEP PEPSICO INC | Consumer staples | 45.5K | $7.1M | 1.6% | -2.7% |
| AMD ADVANCED MICRO DEVICES | Technology | 31.8K | $6.5M | 1.5% | -1.7% |
| RTX RTX CORP | Industrials | 30.8K | $5.9M | 1.4% | -1.5% |
| UNP UNION PACIFIC CORP | Industrials | 23.8K | $5.8M | 1.3% | -1.3% |
| LIN LINDE PLC | Materials | 11.2K | $5.6M | 1.3% | -1.2% |
| HD HOME DEPOT INC | Consumer discretionary | 16.8K | $5.5M | 1.3% | -2.0% |
| GEV GE VERNOVA INC | Industrials | 6.3K | $5.5M | 1.3% | +0.3% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 24.2K | $5.5M | 1.3% | -2.2% |
| LMT LOCKHEED MARTIN CORP | Industrials | 8.5K | $5.1M | 1.2% | -1.9% |
| EMR EMERSON ELECTRIC CO | Industrials | 31.2K | $4.1M | 0.9% | -2.3% |
| LOW LOWE'S COS INC | Consumer discretionary | 16.7K | $3.9M | 0.9% | -2.2% |
| PANW PALO ALTO NETWORKS INC | Technology | 24.2K | $3.9M | 0.9% | -1.7% |
| PG PROCTER & GAMBLE CO/THE | Other | 23.7K | $3.4M | 0.8% | -3.9% |
| ZTS ZOETIS INC | Healthcare | 27.9K | $3.3M | 0.8% | -3.3% |
| QCOM QUALCOMM INC | Technology | 25.1K | $3.2M | 0.8% | -13.8% |
| ETN EATON CORP PLC | Industrials | 9.0K | $3.2M | 0.7% | -1.0% |
| DE DEERE & CO | Industrials | 5.5K | $3.1M | 0.7% | -2.5% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 2.1K | $2.8M | 0.6% | -0.2% |
| POWL POWELL INDUSTRIES INC | Industrials | 5.1K | $2.8M | 0.6% | -2.1% |
| SNPS SYNOPSYS INC | Technology | 6.8K | $2.7M | 0.6% | -0.9% |
| ABT ABBOTT LABORATORIES | Healthcare | 26.2K | $2.7M | 0.6% | -4.2% |
| DHR DANAHER CORP | Technology | 13.9K | $2.6M | 0.6% | -3.7% |
| PH PARKER HANNIFIN CORP | Industrials | 2.9K | $2.6M | 0.6% | Held |
| CVX CHEVRON CORP | Energy | 12.5K | $2.6M | 0.6% | -4.1% |
| KLAC KLA CORP | Other | 1.8K | $2.6M | 0.6% | -3.3% |
| TXN TEXAS INSTRUMENTS INC | Technology | 12.3K | $2.4M | 0.6% | -1.1% |
| BLK BLACKROCK INC | Financials | 2.4K | $2.3M | 0.5% | -3.8% |
| PWR QUANTA SERVICES INC | Industrials | 4.1K | $2.2M | 0.5% | +2.1% |
| SPGI S&P GLOBAL INC | Services media | 5.2K | $2.2M | 0.5% | -1.2% |
| GOOGL ALPHABET INC-CL A | Technology | 7.6K | $2.2M | 0.5% | +14.6% |
| MCD MCDONALD'S CORP | Consumer discretionary | 6.9K | $2.1M | 0.5% | -1.5% |
| NFLX NETFLIX INC | Services media | 21.9K | $2.1M | 0.5% | -17.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Aug 7, 2026 | 104 | $431.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 29, 2026 | 105 | $455.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 105 | $439.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 111 | $415.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Aug 15, 2025 | 108 | $373.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 24, 2025 | 105 | $402.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Aug 15, 2025 | 105 | $401.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Feb 24, 2025 | 104 | $388.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Jun 11, 2024 | 110 | $368.7M | canonical | SEC ↗ |
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