# Matrix Asset Advisors portfolio: Q3 2026 13F holdings

David Katz’s Matrix Asset Advisors: $1.2bn in 83 US holdings at Q3 2026, with buys and sells. Top: Microsoft, Ea Series Trust, Apple, Alphabet, Qualcomm.

In Q3 2026, Matrix Asset Advisors held 83 US-listed stocks worth $1.2bn. Its biggest move was adding to Microsoft (0% more shares, now 7.3%), followed by selling all of its Lockheed Martin (1.4% the quarter before). It started 2 new positions and sold out of 8. Its largest holding is Microsoft at 7.3%.

13F for the quarter ending 2026-09-30, filed 2026-10-13 ([filing](https://www.sec.gov/Archives/edgar/data/1016287/000117266126004502/0001172661-26-004502-index.htm)). $1.2bn in US-listed holdings.

## 13F holdings

| Company | Value | Portfolio | Change | Q2 2026 |
| --- | --- | --- | --- | --- |
| Microsoft (MSFT) | $88.7m | 7.3% | Added +0.1% | 5.2% |
| Ea Series Trust (MAVF) | $55.0m | 4.5% | Trimmed -0.3% | 4.4% |
| Apple (AAPL) | $50.3m | 4.1% | Trimmed -0.8% | 3.6% |
| Alphabet (GOOG) | $48.1m | 4.0% | Added +1.0% | 4.0% |
| Qualcomm (QCOM) | $48.0m | 4.0% | Added +6.8% | 3.7% |
| JPMorgan Chase (JPM) | $42.7m | 3.5% | Trimmed -2.8% | 3.5% |
| Morgan Stanley (MS) | $38.6m | 3.2% | Trimmed -1.4% | 3.5% |
| PNC Financial Services Group (PNC) | $38.6m | 3.2% | Trimmed -8.1% | 3.8% |
| US Bancorp (USB) | $38.5m | 3.2% | Trimmed -5.0% | 3.5% |
| Ishares Tr (EFA) | $38.4m | 3.2% | Trimmed -0.5% | 3.2% |
| Pepsico (PEP) | $37.7m | 3.1% | Added +11% | 3.0% |
| Vanguard Index Fds (VOO) | $36.9m | 3.0% | Added +5.4% | 2.9% |
| Medtronic (MDT) | $36.8m | 3.0% | Trimmed -1.6% | 2.8% |
| Amgen (AMGN) | $35.4m | 2.9% | Trimmed -18% | 3.0% |
| Amazon.com (AMZN) | $34.2m | 2.8% | Added +2.7% | 2.6% |
| Tyson Foods (TSN) | $29.4m | 2.4% | Added +18% | 2.3% |
| Meta Platforms (META) | $28.0m | 2.3% | Added +2.4% | 1.7% |
| Texas Instruments (TXN) | $27.1m | 2.2% | Trimmed -1.6% | 2.4% |
| Applied Materials (AMAT) | $24.5m | 2.0% | Trimmed -0.4% | 2.8% |
| BNY (BK) | $23.0m | 1.9% | Trimmed -9.0% | 2.1% |
| Generac Holdings (GNRC) | $22.5m | 1.9% | Added +1.6% | 2.5% |
| Comcast (CMCSA) | $22.1m | 1.8% | Added +2.6% | 2.0% |
| Procter & Gamble (PG) | $21.8m | 1.8% | Added +2.3% | 1.8% |
| American Electric Power (AEP) | $21.3m | 1.8% | Added +16% | 1.7% |
| Vanguard Tax-Managed Fds (VEA) | $20.5m | 1.7% | Added +3.5% | 1.6% |
| Starbucks (SBUX) | $20.2m | 1.7% | Trimmed -2.5% | 1.8% |
| Nextera Energy (NEE) | $19.8m | 1.6% | Added +10% | 1.7% |
| TE Connectivity (TEL) | $19.0m | 1.6% | Added +18% | 1.2% |
| Goldman Sachs Group (GS) | $18.7m | 1.5% | Trimmed -6.2% | 1.8% |
| Home Depot (HD) | $18.7m | 1.5% | Added +1.9% | 1.9% |
| Vanguard Whitehall Fds (VYM) | $17.7m | 1.5% | Added +2.8% | 1.4% |
| Wells Fargo & Company (WFC) | $17.4m | 1.4% | Trimmed -0.6% | 1.5% |
| Thermo Fisher Scientific (TMO) | $16.2m | 1.3% | Trimmed -13% | 1.1% |
| Lowe’s (LOW) | $15.9m | 1.3% | Added +8.2% | 1.4% |
| McDonald’s (MCD) | $14.6m | 1.2% | Added +411% | 0.3% |
| Automatic Data Processing (ADP) | $14.0m | 1.1% | Trimmed -3.0% | 1.0% |
| M&T Bank (MTB) | $13.9m | 1.1% | Trimmed -19% | 1.5% |
| Paypal Holdings (PYPL) | $13.7m | 1.1% | Trimmed -0.4% | 0.9% |
| Uber Technologies (UBER) | $11.2m | 0.9% | New | – |
| Constellation Brands (STZ) | $10.2m | 0.8% | Added +21% | 0.8% |
| Abbvie (ABBV) | $8.9m | 0.7% | Trimmed -13% | 0.8% |
| Target (TGT) | $6.8m | 0.6% | Trimmed -62% | 1.2% |
| Berkshire Hathaway (BRK.B) | $6.3m | 0.5% | Added +8.6% | 0.5% |
| Abbott Laboratories (ABT) | $5.2m | 0.4% | Added +12% | 0.3% |
| Accenture (ACN) | $4.0m | 0.3% | Added +79% | 0.1% |
| T Rowe Price Exchange-Traded (TCHP) | $3.9m | 0.3% | Trimmed -0.2% | 0.3% |
| Spdr S&P Midcap 400 Etf Trust (MDY) | $3.8m | 0.3% | Trimmed -2.3% | 0.3% |
| Vanguard Scottsdale Fds (VGSH) | $3.2m | 0.3% | Added +114% | 0.1% |
| Bank of America (BAC) | $2.9m | 0.2% | Trimmed -0.9% | 0.3% |
| Vanguard International Equity Index F (VT) | $2.8m | 0.2% | Added +3.8% | 0.2% |
| NVIDIA (NVDA) | $1.4m | 0.1% | Trimmed -2.0% | 0.1% |
| Invesco QQQ Tr (QQQ) | $1.1m | 0.1% | Added +0.1% | 0.1% |
| Spdr Ser Tr (SDY) | $930k | 0.1% | Added 0.0% | 0.1% |
| American Express (AXP) | $862k | 0.1% | Unchanged | 0.1% |
| Spdr Series Trust (BIL) | $843k | 0.1% | Added +0.9% | 0.1% |
| Vanguard Specialized Funds (VIG) | $738k | 0.1% | Trimmed -0.5% | 0.1% |
| Aflac (AFL) | $701k | 0.1% | Added +0.2% | 0.1% |
| Ishares Tr (ESGD) | $678k | 0.1% | Added +1.5% | 0.1% |
| Capital One Financial (COF) | $634k | 0.1% | Added +3.4% | 0.1% |
| Exxon Mobil (XOM) | $573k | 0.1% | New | – |
| Amphenol Ord (APH) | $556k | 0.1% | Added +116% | 0.0% |
| Ishares (IEMG) | $551k | 0.1% | Unchanged | 0.1% |
| CVS Health (CVS) | $529k | 0.0% | Unchanged | 0.1% |
| Costco Wholesale (COST) | $501k | 0.0% | Unchanged | 0.0% |
| Select Sector Spdr Tr (XLK) | $453k | 0.0% | Unchanged | 0.0% |
| Johnson & Johnson (JNJ) | $429k | 0.0% | Unchanged | 0.0% |
| Visa (V) | $397k | 0.0% | Trimmed -1.3% | 0.0% |
| Broadcom (AVGO) | $393k | 0.0% | Unchanged | 0.0% |
| Spdr Gold Trust (GLD) | $375k | 0.0% | Trimmed -1.4% | 0.0% |
| Danaher (DHR) | $372k | 0.0% | Unchanged | 0.0% |
| Eli Lilly & Co (LLY) | $352k | 0.0% | Trimmed -1.9% | 0.0% |
| Marathon Petroleum (MPC) | $338k | 0.0% | Unchanged | 0.0% |
| Walmart (WMT) | $332k | 0.0% | Unchanged | 0.0% |
| Palantir Technologies (PLTR) | $330k | 0.0% | Trimmed -14% | 0.0% |
| Eaton (ETN) | $327k | 0.0% | Trimmed -12% | 0.0% |
| Ast Spacemobile (ASTS) | $317k | 0.0% | Unchanged | 0.0% |
| Nucor (NUE) | $248k | 0.0% | Trimmed -22% | 0.0% |
| Invesco Exchange Traded Fd T (RSP) | $239k | 0.0% | Unchanged | 0.0% |
| Merck & Co. (MRK) | $236k | 0.0% | Trimmed -3.0% | 0.0% |
| Invesco Exch Traded Fd Tr II (BKLN) | $232k | 0.0% | Unchanged | 0.0% |
| Compugen (CGEN) | $223k | 0.0% | Unchanged | 0.0% |
| Schwab Strategic Tr (SCHB) | $214k | 0.0% | Added +0.7% | 0.0% |
| Skyx Platforms (SKYX) | $204k | 0.0% | Trimmed -17% | 0.0% |
| Lockheed Martin (LMT) | – | – | Sold out | 1.4% |
| Nike (NKE) | – | – | Sold out | 0.8% |
| Intuit (INTU) | – | – | Sold out | 0.2% |
| Exxon Mobil (EXMOC) | – | – | Sold out | 0.0% |
| Tesla (TSLA) | – | – | Sold out | 0.0% |
| Colgate-Palmolive (CL) | – | – | Sold out | 0.0% |
| Aon (AON) | – | – | Sold out | 0.0% |
| International Business Machines (IBM) | – | – | Sold out | 0.0% |

Source: SEC filings, via moatshark (https://www.moatshark.com/m/matrix-asset-advisors). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.