Cresset Asset Management, LLC
Reported US equity positions for Q1 2026 — $23.1B across 1,582 positions.
| Holding | Reported value | Share of portfolio | Shares |
|---|---|---|---|
| ANET Arista Networks, Inc. | $2.5B | 11.0% | 20,692,711 |
| SPY State Street SPDR S&P 500 ETF Trust | $2.3B | 10.1% | 3,561,935 |
| IVV iShares Core S&P 500 ETF | $1.5B | 6.7% | 2,355,935 |
| RSP Invesco S&P 500 Equal Weight ETF | $858.6M | 3.7% | 4,473,614 |
| VOO Vanguard S&P 500 ETF | $713.8M | 3.1% | 1,194,480 |
| IEFA iShares Core MSCI EAFE ETF | $505.2M | 2.2% | 5,580,305 |
| AAPL Apple Inc. | $465.1M | 2.0% | 1,832,739 |
| IJR iShares Core S&P Small-Cap ETF | $408.2M | 1.8% | 3,283,342 |
| GOOGL Alphabet Inc. | $354.0M | 1.5% | 1,231,159 |
| VEU Vanguard FTSE All World Ex US ETF | $344.8M | 1.5% | 4,590,646 |
| META Meta Platforms, Inc. | $314.5M | 1.4% | 549,776 |
| VTI Vanguard Morningstar Total Stock Market ETF | $276.2M | 1.2% | 860,804 |
| OEF iShares S&P 100 Fund | $251.9M | 1.1% | 791,923 |
| MSFT Microsoft Corporation | $214.6M | 0.9% | 579,611 |
| RDDT Reddit, Inc. Class A | $205.1M | 0.9% | 1,523,571 |
| GOOG Alphabet Inc. - Class C Capital Stock | $198.4M | 0.9% | 691,761 |
| IWF iShares Russell 1000 Growth Fund | $195.3M | 0.8% | 458,001 |
| PLTR Palantir Technologies Inc. | $188.7M | 0.8% | 1,289,954 |
| NVDA NVIDIA Corporation | $188.5M | 0.8% | 1,080,516 |
| CHRW C.H. Robinson Worldwide, Inc. | $178.4M | 0.8% | 1,070,027 |
| NOBL ProShares S&P 500 Dividend Aristocrats ETF | $175.7M | 0.8% | 1,657,609 |
| SCHF Schwab International Equity ETF | $173.4M | 0.8% | 7,007,246 |
| VIG Vanguard Div Appreciation ETF | $164.7M | 0.7% | 765,784 |
| VV Vanguard Morningstar Large-Cap ETF | $158.2M | 0.7% | 529,201 |
| IAU iShares Gold Trust Shares | $156.2M | 0.7% | 1,771,218 |
| IJH iShares Core S&P Mid-Cap ETF | $146.1M | 0.6% | 2,162,743 |
| AMZN Amazon.com, Inc. | $139.3M | 0.6% | 668,912 |
| GLD SPDR Gold Shares | $134.5M | 0.6% | 312,487 |
| VEA Vanguard FTSE Developed Markets ETF | $132.3M | 0.6% | 2,064,817 |
| EMLP First Trust North American Energy Infrastructure Fund | $122.5M | 0.5% | 2,806,310 |
| EAGL Eagle Capital Select Equity ETF | $115.3M | 0.5% | 3,789,859 |
| SCHY Schwab International Dividend Equity ETF | $112.0M | 0.5% | 3,537,103 |
| VT Vanguard Total World Stock Index ETF | $109.4M | 0.5% | 791,069 |
| IWM iShares Russell 2000 Index Fund | $105.9M | 0.5% | 427,068 |
| OTF Blue Owl Technology Fin Corp | $104.6M | 0.5% | 8,175,531 |
| JPM JP Morgan Chase & Co. | $103.3M | 0.4% | 351,216 |
| QQQ Invesco QQQ Trust, Series 1 | $99.8M | 0.4% | 172,934 |
| VO Vanguard Morningstar Mid-Cap ETF | $94.6M | 0.4% | 329,555 |
| BRK.B Berkshire Hathaway Inc. | $90.3M | 0.4% | 188,484 |
| IQLT iShares MSCI Intl Quality Factor ETF | $86.8M | 0.4% | 1,878,491 |
| VUG Vanguard Morningstar Growth ETF | $86.4M | 0.4% | 197,755 |
| SCHD Schwab US Dividend Equity ETF | $86.2M | 0.4% | 2,810,190 |
| VWO Vanguard FTSE Emerging Markets ETF | $86.0M | 0.4% | 1,591,587 |
| OBDC Blue Owl Capital Corporation | $83.3M | 0.4% | 7,289,546 |
| JNJ Johnson & Johnson | $82.4M | 0.4% | 337,210 |
| IEMG iShares Core MSCI Emerging Markets ETF | $81.2M | 0.4% | 1,163,812 |
| SGOV iShares 0-3 Month Treasury Bond ETF | $79.2M | 0.3% | 786,390 |
| VONG Vanguard Russell 1000 Growth ETF | $79.0M | 0.3% | 720,571 |
| ORCL Oracle Corporation | $78.2M | 0.3% | 531,826 |
| WMT Walmart Inc. | $77.1M | 0.3% | 618,758 |
| AVTM American Centy Etf Tr | $73.5M | 0.3% | 1,563,262 |
| AVUS Avantis U.S. Equity ETF | $72.5M | 0.3% | 651,947 |
| SCHX Schwab U.S. Large-Cap ETF | $71.9M | 0.3% | 2,805,728 |
| TSLA Tesla, Inc. | $71.1M | 0.3% | 191,173 |
| EFA iShares MSCI EAFE ETF | $69.6M | 0.3% | 716,372 |
| AVEM Avantis Emerging Markets Equity ETF | $69.5M | 0.3% | 862,929 |
| IWD iShares Russell 1000 Value ETF | $69.3M | 0.3% | 324,494 |
| AVUV Avantis U.S. Small Cap Value ETF | $68.9M | 0.3% | 623,763 |
| VBR Vanguard Morningstar Small-Cap Value ETF | $68.9M | 0.3% | 317,127 |
| CAT Caterpillar, Inc. | $67.8M | 0.3% | 95,768 |
Long US equity positions only, as filed. 13F does not cover short positions, cash, bonds or non-US listings, so this is not the whole portfolio.
What changed last quarter
| Holding | Change | Now | Was | Shares |
|---|---|---|---|---|
| SPY State Street SPDR S&P 500 ETF Trust | Trim | $2.3B | $2.5B | -1% |
| IVV iShares Core S&P 500 ETF | Add | $1.5B | $1.6B | +2% |
| RSP Invesco S&P 500 Equal Weight ETF | Add | $858.6M | $820.7M | +4% |
| VOO Vanguard S&P 500 ETF | Add | $713.8M | $322.8M | +132% |
| IEFA iShares Core MSCI EAFE ETF | Add | $505.2M | $484.9M | +3% |
| IJR iShares Core S&P Small-Cap ETF | Add | $408.2M | $386.9M | +2% |
| GOOGL Alphabet Inc. | Add | $354.0M | $368.0M | +5% |
| VEU Vanguard FTSE All World Ex US ETF | Add | $344.8M | $334.1M | +1% |
| META Meta Platforms, Inc. | Trim | $314.5M | $397.4M | -9% |
| VTI Vanguard Morningstar Total Stock Market ETF | Add | $276.2M | $274.8M | +5% |
| OEF iShares S&P 100 Fund | Trim | $251.9M | $282.2M | -4% |
| MSFT Microsoft Corporation | Add | $214.6M | $265.1M | +6% |
| RDDT Reddit, Inc. Class A | Trim | $205.1M | $390.0M | -10% |
| GOOG Alphabet Inc. - Class C Capital Stock | Trim | $198.4M | $222.3M | -2% |
| IWF iShares Russell 1000 Growth Fund | Trim | $195.3M | $228.2M | -5% |
| PLTR Palantir Technologies Inc. | Add | $188.7M | $222.9M | +3% |
| NVDA NVIDIA Corporation | Trim | $188.5M | $205.5M | -2% |
| NOBL ProShares S&P 500 Dividend Aristocrats ETF | Add | $175.7M | $169.4M | +2% |
| SCHF Schwab International Equity ETF | Add | $173.4M | $148.7M | +13% |
| VIG Vanguard Div Appreciation ETF | Trim | $164.7M | $171.2M | -2% |
| VV Vanguard Morningstar Large-Cap ETF | Add | $158.2M | $163.2M | +2% |
| IAU iShares Gold Trust Shares | Add | $156.2M | $140.0M | +3% |
| IJH iShares Core S&P Mid-Cap ETF | Add | $146.1M | $139.3M | +2% |
| AMZN Amazon.com, Inc. | Add | $139.3M | $143.9M | +7% |
| VEA Vanguard FTSE Developed Markets ETF | Add | $132.3M | $112.3M | +15% |
| EMLP First Trust North American Energy Infrastructure Fund | Add | $122.5M | $102.7M | +3% |
| VT Vanguard Total World Stock Index ETF | Trim | $109.4M | $116.1M | -4% |
| IWM iShares Russell 2000 Index Fund | Trim | $105.9M | $107.1M | -2% |
| OTF Blue Owl Technology Fin Corp | Add | $104.6M | $64.5M | +89% |
| QQQ Invesco QQQ Trust, Series 1 | Add | $99.8M | $102.6M | +4% |
| VO Vanguard Morningstar Mid-Cap ETF | Trim | $94.6M | $153.6M | -38% |
| BRK.B Berkshire Hathaway Inc. | Add | $90.3M | $91.5M | +4% |
| IQLT iShares MSCI Intl Quality Factor ETF | Add | $86.8M | $77.6M | +10% |
| VUG Vanguard Morningstar Growth ETF | Add | $86.4M | $92.2M | +5% |
| SCHD Schwab US Dividend Equity ETF | Add | $86.2M | $71.9M | +7% |
| VWO Vanguard FTSE Emerging Markets ETF | Add | $86.0M | $78.4M | +9% |
| OBDC Blue Owl Capital Corporation | Add | $83.3M | $84.3M | +11% |
| JNJ Johnson & Johnson | Trim | $82.4M | $75.0M | -7% |
| IEMG iShares Core MSCI Emerging Markets ETF | Add | $81.2M | $72.6M | +8% |
| SGOV iShares 0-3 Month Treasury Bond ETF | Trim | $79.2M | $94.2M | -16% |
New and exited positions are only shown for managers whose entire filed portfolio fits inside the positions stored here. For a manager filing more than that, a holding leaving the stored set is indistinguishable from a holding being sold, so those are reported as adds and trims only.
What a 13F is
Any institutional manager exercising discretion over more than $100 million in US-listed equities must file a Form 13F with the SEC within 45 days of each quarter end, listing what they held on the last day of that quarter. The threshold was set in 1975 and has never been raised, so the filer population now runs to several thousand.
The four things it does not tell you
- It is stale. A filing describes positions as of quarter end and can arrive 45 days later. A manager who sold everything in week one of the new quarter files the same document as one who held.
- Long US equities only. No short positions, no cash, no bonds, no commodities, no foreign listings. A fund that looks heavily long in a 13F may be hedged in instruments that never appear.
- Not the whole firm. Assets are reported by the entity with discretion, so one manager can file under several CIKs, and the figure here is what that entity reported.
- Confidential treatment exists. A manager can apply to delay disclosing a position while building it. Those holdings appear later, if at all.
Why the biggest filers are not the interesting ones
The largest managers by reported value are index providers — they hold nearly everything, in proportion to the indices they track, because clients asked them to. Reading their filings for conviction is a category error. The filings worth attention are concentrated ones, where a small number of positions make up most of the portfolio, since that reflects a decision rather than a mandate.
The share-of-portfolio column is the one to read for this. A position that is 15% of a fund says something; the same dollar amount at 0.2% of an index tracker does not.
Where this comes from
The SEC's own quarterly Form 13F structured data sets, parsed here rather than bought from a vendor. Holdings are identified in the filings by CUSIP, and the mapping from CUSIP to ticker is the awkward part — that identifier is licensed rather than public, so the mapping is resolved through OpenFIGI and built up over time. Around 95% of reported value currently sits on a resolved ticker; the rest shows its CUSIP.
The rest of the section is on the Markets overview — including insider transactions, which are the same idea at the individual level, and the correlation finder, where each ticker's page carries its institutional ownership.