Institutional Manager · CIK 0001725910
STANSBERRY ASSET MANAGEMENT, LLC
Westlake, TX · File #028-18373
Latest AUM
$987.3M
Positions
145
Top-10 Concentration
36.1%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | VICI PPTYS INC | 925652109 | -537,447 | -$15.1M | -$2.7M |
| REDUCE | COMFORT SYS USA INC | 199908104 | -13,473 | -$12.6M | +$2.1M |
| ADD | KENVUE INC | KVUE | +651,895 | +$11.2M | +$218,402 |
| ADD | KINROSS GOLD CORP | KGCRF | +383,357 | +$10.8M | +$7,205 |
| EXITED | FISERV INC | 337738108 | -82,335 | -$10.6M | $0 |
| ADD | JANUS DETROIT STR TR | 47103U852 | +193,694 | +$8.8M | +$4,063 |
| REDUCE | ISHARES TR | 464287432 | -95,838 | -$8.4M | -$355,881 |
| ADD | CITIGROUP INC | C-PR | +60,338 | +$7.0M | +$367,156 |
| NEW | BECTON DICKINSON & CO | BDX | +36,252 | +$7.0M | $0 |
| ADD | BLACKSTONE SECD LENDING FD | BX | +260,339 | +$6.9M | +$9,658 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025145 pos · $987.3M
- 13F HOLDINGS REPORTQ/E Sep 2025148 pos · $955.9M
- 13F HOLDINGS REPORTQ/E Jun 2025141 pos · $915.1M
- 13F HOLDINGS REPORTQ/E Mar 2025128 pos · $832.6M
- 13F HOLDINGS REPORTQ/E Dec 2024123 pos · $770.3M
- 13F HOLDINGS REPORTQ/E Sep 2024125 pos · $800.7M
- 13F HOLDINGS REPORTQ/E Jun 2024127 pos · $762.5M
- 13F HOLDINGS REPORTQ/E Mar 2024123 pos · $741.1M
- 13F HOLDINGS REPORTQ/E Dec 2023109 pos · $571.3M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ALPHABET INC | GOOG | 163,375 | $51.1M | 6.47% |
| 2 | AMAZON COM INC | AMZN | 136,330 | $31.5M | 3.98% |
| 3 | AXIS CAP HLDGS LTD | G0692U109 | 282,547 | $30.3M | 3.83% |
| 4 | MARKEL GROUP INC | MKL | 12,495 | $26.9M | 3.40% |
| 5 | ISHARES TR | 46436E718 | 260,614 | $26.2M | 3.31% |
| 6 | VISA INC | V | 74,020 | $26.0M | 3.29% |
| 7 | MICROSOFT CORP | MSFT | 51,055 | $24.7M | 3.12% |
| 8 | CRH PLC | CRH | 187,522 | $23.4M | 2.96% |
| 9 | ELI LILLY & CO | LLY | 21,433 | $23.0M | 2.91% |
| 10 | CME GROUP INC | CME | 82,001 | $22.4M | 2.83% |
| 11 | COCA COLA CO | KO | 313,072 | $21.9M | 2.77% |
| 12 | VITA COCO CO INC | COCO | 399,411 | $21.2M | 2.68% |
| 13 | BERKLEY W R CORP | WRB-PH | 301,143 | $21.1M | 2.67% |
| 14 | DANAHER CORPORATION | 235851102 | 82,664 | $18.9M | 2.39% |
| 15 | JANUS DETROIT STR TR | 47103U852 | 397,054 | $18.1M | 2.30% |
| 16 | AAR CORP | AIR | 193,476 | $16.0M | 2.03% |
| 17 | PRICESMART INC | PSMT | 129,227 | $15.9M | 2.01% |
| 18 | MERCADOLIBRE INC | MELI | 7,713 | $15.5M | 1.97% |
| 19 | SHELL PLC | RYDAF | 208,643 | $15.3M | 1.94% |
| 20 | ROYAL GOLD INC | RGLD | 67,449 | $15.0M | 1.90% |