Wernau Asset Management Inc.

CIK 2053236 · View on SEC EDGAR ↗

Portfolio value
$192.5M
#6,579 of 9,443 by 13F value · top 69.7%
Positions
51
As of
June 30, 2026

Portfolio value QoQ: +34.3% 13F does not disclose cash

Top 10 holdings weight
81.81%
Top 25 holdings weight
94.90%
Positions above 1%
16
Effective number of positions
6.0

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

Turnover Q2 2026: 1.47% Est. buys $36,507,644 · sells $2,461,522

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 87.9% still held

New positions
3
Increased
31
Decreased
11
Closed
2

Put-notional exposure: 45.2% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

On this page

Sector breakdown

Technology
26.2%
Communication Services
6.7%
Financials
4.1%
Healthcare
2.0%
Utilities
1.5%
Telecommunication
1.4%
Retail
1.3%
Communications
1.2%
Consumer products
1.0%
Energy
0.8%
Financial Services
0.5%
Consumer Discretionary
0.3%
Consumer Staples
0.2%
Real Estate
0.1%
Other/Unmapped
52.5%

Full portfolio 51 positions

Type Streak 8Q trend
SPY SPY $69,225,579 35.96% 92,700 Put option $37,879,191 Up ×1
AAPL Apple Inc. - Common Stock $26,344,039 13.68% 91,042 $2,582,586 Down ×1
AAPL Apple Inc. - Common Stock $17,650,960 9.17% 61,000 Put option $2,626,592 Up ×1
SPY SPY $12,589,972 6.54% 16,859 $1,463,469 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $8,045,358 4.18% 22,770 $1,472,066 Down ×1
BRKB $7,297,678 3.79% 14,583 $373,424 Up ×1
MSFT Microsoft Corporation - Common Stock $4,817,613 2.50% 12,915 $53,113 Up ×3
BAC Bank of America Corporation Common Stock $4,726,804 2.46% 82,955 $689,657 Up ×2
GOOGL Alphabet Inc. - Class A Common Stock $3,575,993 1.86% 10,006 $675,544 Down ×2
JPM JP Morgan Chase & Co. Common Stock $3,219,496 1.67% 9,835 $391,148 Up ×3
VTWO Vanguard Russell 2000 ETF $2,889,800 1.50% 23,800 $541,712 Up ×3
PFE Pfizer, Inc. Common Stock $2,882,986 1.50% 119,725 $-319,008 Up ×2
AMZN Amazon.com, Inc. - Common Stock $2,454,575 1.28% 10,298 $323,677 Up ×3
UTL UNITIL Corporation Common Stock $2,346,096 1.22% 44,526 $82,664 Up ×4
CSCO Cisco Systems, Inc. - Common Stock $2,256,054 1.17% 19,207 $729,316 Down ×1
PG Procter & Gamble Company (The) Common Stock $1,976,789 1.03% 13,480 $52,650 Up ×3
T AT&T Inc. $1,727,488 0.90% 83,453 $-670,449 Up ×3
SCHF $1,373,603 0.71% 49,588 $182,495 Up ×3
VO $1,207,022 0.63% 14,981 $168,145 Up ×1
SCHD $1,077,950 0.56% 33,994 $64,098 Up ×3
VWO $1,063,470 0.55% 17,816 $102,323 Up ×3
NVDA NVIDIA Corporation - Common Stock $1,059,579 0.55% 5,295 $269,101 Up ×3
KKR KKR & Co. Inc. Common Stock $1,012,341 0.53% 11,030 $6,211 Up ×3
DIS Walt Disney Company (The) Common Stock $937,956 0.49% 9,745 $6,443 Up ×2
VZ Verizon Communications Inc. Common Stock $933,429 0.48% 22,046 $-154,293 Up ×2
XOM Exxon Mobil Corporation Common Stock $722,155 0.38% 5,282 $-209,448 Down ×1
GLD $704,075 0.37% 1,911 $-101,241 Up ×1
IBM International Business Machines Corporation Common Stock $609,101 0.32% 2,166 $39,969 Down ×1
SCHB $566,284 0.29% 19,554 $75,479
ED Consolidated Edison, Inc. Common Stock $564,656 0.29% 5,104 $-22,069 Down ×1
IWF $562,242 0.29% 4,528 $79,557 Up ×1
KMI Kinder Morgan, Inc. Common Stock $506,257 0.26% 15,835 $-12,989 Up ×3
LLY Eli Lilly and Company Common Stock $496,967 0.26% 414 $95,663 Down ×1
SAM Boston Beer Company, Inc. (The) Common Stock $442,575 0.23% 2,500 $-133,425
VTI $374,883 0.19% 1,013 $50,544 Up ×2
EEM $363,668 0.19% 5,316 $54,730 Down ×1
SHY iShares 1-3 Year Treasury Bond ETF $345,448 0.18% 4,207 $7,560 Up ×3
F Ford Motor Company Common Stock $330,890 0.17% 23,805 $59,677 Up ×2
XLF XLF $328,200 0.17% 6,122 $25,957
ABBV AbbVie Inc. Common Stock $322,854 0.17% 1,283 $49,904 Up ×3
SBUX Starbucks Corporation - Common Stock $284,654 0.15% 2,785 $47,399 Up ×3
QQQ Invesco QQQ Trust, Series 1 $257,740 0.13% 350 $55,727
PBA Pembina Pipeline Corp. Ordinary Shares (Canada) $257,705 0.13% 5,572 $8,302
NLY Annaly Capital Management Inc. Common Stock $246,765 0.13% 11,036 $16,780 Up ×4
IWB $237,510 0.12% 580 $-140,444 Down ×1
TIP $236,339 0.12% 2,159 $8,035 Up ×3
NFLX Netflix, Inc. - Common Stock $235,911 0.12% 3,304 $-33,575 Up ×3
JNJ Johnson & Johnson Common Stock $234,668 0.12% 924 $8,805
IWD $205,338 0.11% 847 Up ×1
VONV Vanguard Russell 1000 Value ETF $200,394 0.10% 1,885 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $176,665 0.09% 500 Put option Up ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
MSFT $4,817,613 2.50% up ×3
JPM $3,219,496 1.67% up ×3
VTWO $2,889,800 1.50% up ×3
AMZN $2,454,575 1.28% up ×3
UTL $2,346,096 1.22% up ×4
PG $1,976,789 1.03% up ×3
T $1,727,488 0.90% up ×3
SCHF $1,373,603 0.71% up ×3
SCHD $1,077,950 0.56% up ×3
VWO $1,063,470 0.55% up ×3
NVDA $1,059,579 0.55% up ×3
KKR $1,012,341 0.53% up ×3
KMI $506,257 0.26% up ×3
SHY $345,448 0.18% up ×3
ABBV $322,854 0.17% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
IWD $205,338 847 0.11%
VONV $200,394 1,885 0.10%
GOOG $176,665 500 0.09%

Top movers (QoQ)

Security Action Shares Δ Value Δ
SPY Bought more +44K +$37.9M
AAPL Bought more +2K +$2.6M
AAPL Trimmed -3K +$2.6M
GOOG Trimmed -144 +$1.5M
SPY Trimmed -249 +$1.5M
CSCO Trimmed -470 +$729K
BAC Bought more +142 +$690K
GOOGL Trimmed -80 +$676K
T Bought more +737 -$670K
VTWO Bought more +359 +$542K

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
TSLA March 31, 2025 3,985 $1,609,330 34.6%
TLT June 30, 2026 10,000 $866,900
SNOW June 30, 2025 4,519 $660,541 41.2%
QQQ June 30, 2025 690 $323,606
SCHX March 31, 2026 7,692 $206,992 No longer tracked
IJR June 30, 2026 1,659 $206,230 No longer tracked
WBD June 30, 2025 14,516 $155,757 148.0%