Park State Asset Management

CIK 1908423 · View on SEC EDGAR ↗

Portfolio value
$102.4M
#8,313 of 9,443 by 13F value · top 88.0%
Positions
25
As of
June 30, 2026

Portfolio value QoQ: -22.5% 13F does not disclose cash

Top 10 holdings weight
79.99%
Top 25 holdings weight
100.00%
Positions above 1%
18
Effective number of positions
11.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 1.64% Est. buys $1,924,257 · sells $43,826,488

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 86.2% still held

New positions
5
Increased
2
Decreased
17
Closed
1
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+0.4%
S&P 500 total return (same window)
+28.1%
Excess return
-27.6%

Annualized: +0.3% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

Retail
23.9%
Technology
18.0%
Communication Services
17.7%
Financial Services
17.3%
Industrials
7.9%
Consumer Discretionary
7.6%
Health Care
5.6%
Real Estate
0.5%
Other/Unmapped
1.5%

Full portfolio 25 positions

Type Streak 8Q trend
GOOG Alphabet Inc. - Class C Capital Stock $16,705,089 16.31% 47,279 $-4,499,028 Down ×6
AMZN Amazon.com, Inc. - Common Stock $12,959,022 12.65% 54,372 $-2,630,821 Down ×6
AAPL Apple Inc. - Common Stock $11,258,998 10.99% 38,910 $-2,260,632 Down ×6
V Visa Inc. $10,259,077 10.01% 29,902 $-813,788 Down ×6
TJX TJX Companies, Inc. (The) Common Stock $6,823,560 6.66% 45,040 $-5,161,127 Down ×6
QLYS Qualys, Inc. - Common Stock $5,941,630 5.80% 43,215 $835,524 Down ×1
RACE Ferrari N.V. Common Shares $4,998,366 4.88% 13,426 $-1,122,502 Down ×6
MCO Moody's Corporation Common Stock $4,712,180 4.60% 10,404 $-1,384,414 Down ×6
COST Costco Wholesale Corporation - Common Stock $4,677,350 4.57% 5,000 $-2,168,124 Down ×6
ALGN Align Technology, Inc. - Common Stock $3,613,372 3.53% 21,424 $-2,100,904 Down ×1
TREX Trex Company, Inc. Common Stock $3,502,850 3.42% 70,001 $17,893 Down ×6
CPRT Copart, Inc. - Common Stock $3,408,876 3.33% 120,925 $-2,312,347 Down ×6
MA Mastercard Incorporated Common Stock $2,796,038 2.73% 5,444 $671,484 Up ×2
DPZ Domino's Pizza Inc - Common Stock $2,752,284 2.69% 9,297 $-1,711,064 Down ×1
DHR Danaher Corporation Common Stock $2,112,233 2.06% 11,089 $-1,184,532 Down ×6
GOOGL Alphabet Inc. - Class A Common Stock $1,395,530 1.36% 3,905 $274,046 Up ×1
ADBE Adobe Inc. - Common Stock $1,237,091 1.21% 6,034 $-5,456,846 Down ×1
ADP Automatic Data Processing, Inc. - Common Stock $1,166,108 1.14% 5,207 $99,007 Down ×6
AMT American Tower Corporation (REIT) Common Stock $556,138 0.54% 3,400 $-112,782 Down ×1
IXUS iShares Core MSCI Total International Stock ETF $330,656 0.32% 3,465 Up ×1
VTV $303,576 0.30% 1,393 Up ×1
PZA $262,460 0.26% 11,159 Up ×1
SPY SPY $259,876 0.25% 348 $33,558
AVUV $211,718 0.21% 1,697 Up ×1
QQQ Invesco QQQ Trust, Series 1 $201,849 0.20% 274 Up ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
IXUS $330,656 3,465 0.32%
VTV $303,576 1,393 0.30%
PZA $262,460 11,159 0.26%
AVUV $211,718 1,697 0.21%
QQQ $201,849 274 0.20%

Top movers (QoQ)

Security Action Shares Δ Value Δ
TJX Trimmed -30K -$5.2M
GOOG Trimmed -27K -$4.5M
AMZN Trimmed -20K -$2.6M
CPRT Trimmed -51K -$2.3M
AAPL Trimmed -14K -$2.3M
COST Trimmed -2K -$2.2M
ALGN Trimmed -12K -$2.1M
DPZ Trimmed -3K -$1.7M
MCO Trimmed -4K -$1.4M
DHR Trimmed -6K -$1.2M

1 position hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
UNH Sept. 30, 2025 14,737 $4,597,517 14.4%
STLA March 31, 2026 407,321 $4,435,721 -24.5%
PGR June 30, 2025 901 $254,938 -20.0%
NVR June 30, 2025 31 $223,569 -12.8%