# Selway Asset Management

> Institutional holdings reported to the SEC as of Q1 2025 on Form 13F. CIK 1080523. Source: https://holderbook.com/funds/1080523-selway-asset-management/

- Reported value: $242.4M
- Positions: 75
- Weight of the ten largest: 46.3%
- Filed: 2025-04-09

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $23.6M | 106,429 | 9.8% | 26 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $20.0M | 180,770 | 8.2% | 9 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $13.7M | 36,554 | 5.7% | 26 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $9.7M | 39,462 | 4.0% | 26 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $9.1M | 58,649 | 3.7% | 26 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $7.7M | 20,967 | 3.2% | 26 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $7.3M | 22,248 | 3.0% | 26 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $7.1M | 46,309 | 2.9% | 26 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $7.1M | 114,567 | 2.9% | 26 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $6.9M | 31,455 | 2.9% | 17 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $6.6M | 21,927 | 2.7% | 26 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $6.4M | 45,925 | 2.6% | 14 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $5.5M | 22,760 | 2.3% | 26 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $5.5M | 17,583 | 2.3% | 16 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $5.2M | 30,925 | 2.1% | 26 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $4.9M | 18,347 | 2.0% | 26 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $4.9M | 12,650 | 2.0% | 1 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $4.6M | 9,860 | 1.9% | 6 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $4.5M | 14,357 | 1.8% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $4.2M | 22,020 | 1.7% | 11 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $3.9M | 17,158 | 1.6% | 26 |
| GENERAC HLDGS INC | [GNRC](https://holderbook.com/stocks/GNRC/) | $3.8M | 30,160 | 1.6% | 9 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $3.6M | 27,247 | 1.5% | 20 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $3.5M | 23,617 | 1.5% | 26 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $3.4M | 54,367 | 1.4% | 20 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $3.1M | 5,400 | 1.3% | 26 |
| PIMCO MUN INCOME FD | [PMF](https://holderbook.com/stocks/PMF/) | $3.0M | 340,900 | 1.2% | 26 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $2.9M | 19,916 | 1.2% | 26 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $2.8M | 149,000 | 1.1% | 23 |
| ZIMMER BIOMET HOLDINGS INC | [ZBH](https://holderbook.com/stocks/ZBH/) | $2.7M | 23,879 | 1.1% | 26 |
| TELEFLEX INCORPORATED | [TFX](https://holderbook.com/stocks/TFX/) | $2.7M | 19,375 | 1.1% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.5M | 4,384 | 1.0% | 26 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $2.3M | 35,567 | 1.0% | 13 |
| COGNIZANT TECHNOLOGY SOLUTIO | [CTSH](https://holderbook.com/stocks/CTSH/) | $2.3M | 30,325 | 1.0% | 26 |
| PROSHARES TR II | [SVXY](https://holderbook.com/stocks/SVXY/) | $2.3M | 50,200 | 0.9% | 15 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $2.1M | 20,221 | 0.9% | 12 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $2.0M | 27,667 | 0.8% | 18 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $2.0M | 27,200 | 0.8% | 12 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.9M | 5,340 | 0.8% | 3 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.7M | 3,045 | 0.7% | 19 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $1.4M | 9,780 | 0.6% | 3 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.4M | 14,327 | 0.6% | 12 |
| VS TRUST | [SVIX](https://holderbook.com/stocks/SVIX/) | $1.3M | 64,300 | 0.5% | 9 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $1.2M | 13,800 | 0.5% | 20 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $1.2M | 6,733 | 0.5% | 25 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.2M | 2,250 | 0.5% | 21 |
| POLARIS INC | [PII](https://holderbook.com/stocks/PII/) | $1.1M | 27,744 | 0.5% | 26 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $1.1M | 14,913 | 0.5% | 26 |
| BLACKROCK CORE BD TR | [BHK](https://holderbook.com/stocks/BHK/) | $1.0M | 94,465 | 0.4% | 26 |
| GAMESTOP CORP | [GME](https://holderbook.com/stocks/GME/) | $1.0M | 45,000 | 0.4% | 4 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $949.2K | 1,750 | 0.4% | 20 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $874.0K | 14,331 | 0.4% | 22 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $771.7K | 2,775 | 0.3% | 26 |
| UBS AG LONDON BRANCH | [MLPB](https://holderbook.com/stocks/MLPB/) | $717.2K | 25,840 | 0.3% | 21 |
| EATON VANCE LIMITED DURATION | [EVV](https://holderbook.com/stocks/EVV/) | $592.9K | 59,404 | 0.2% | 26 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $586.0K | 3,500 | 0.2% | 26 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $570.8K | 2,100 | 0.2% | 26 |
| BLACKSTONE STRATEGIC CRED 20 | [BGB](https://holderbook.com/stocks/BGB/) | $567.8K | 47,005 | 0.2% | 26 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $534.9K | 3,088 | 0.2% | 17 |
| PIMCO MUN INCOME FD II | [PML](https://holderbook.com/stocks/PML/) | $486.0K | 60,000 | 0.2% | 2 |
| HANCOCK JOHN PFD INCOME FD | [HPI](https://holderbook.com/stocks/HPI/) | $455.0K | 27,425 | 0.2% | 22 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $447.6K | 1,800 | 0.2% | 2 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $408.4K | 7,000 | 0.2% | 12 |
| HANCOCK JOHN PFD INCOME FD I | [HPS](https://holderbook.com/stocks/HPS/) | $402.4K | 26,830 | 0.2% | 21 |
| ALLSPRING INCOME OPPORTUNIT | [EAD](https://holderbook.com/stocks/EAD/) | $396.9K | 58,020 | 0.2% | 26 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $363.5K | 5,000 | 0.1% | 2 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $313.7K | 3,000 | 0.1% | 12 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $293.0K | 1,767 | 0.1% | 26 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $285.4K | 2,400 | 0.1% | 2 |
| ALLSPRING MULTI SECTOR INCOM | [ERC](https://holderbook.com/stocks/ERC/) | $259.3K | 28,129 | 0.1% | 26 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $250.0K | 1,600 | 0.1% | 7 |
| BITFARMS LTD | [BITF](https://holderbook.com/stocks/BITF/) | $238.1K | 302,108 | 0.1% | 11 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $219.9K | 800 | 0.1% | 10 |
| J P MORGAN EXCHANGE TRADED F | [JEPQ](https://holderbook.com/stocks/JEPQ/) | $207.1K | 4,000 | 0.1% | 1 |
| BLACKROCK FLOATING RATE INCO | [FRA](https://holderbook.com/stocks/FRA/) | $153.7K | 11,900 | 0.1% | 25 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2025 | -4.2% | -4.6% | +0.4% | 100% |
| Q4 2024 | +0.7% | +2.1% | -1.4% | 99% |
| Q3 2024 | +4.3% | +5.4% | -1.2% | 100% |
| Q2 2024 | +0.6% | +4.0% | -3.4% | 100% |
| Q1 2024 | +9.0% | +10.0% | -1.1% | 100% |
| Q4 2023 | +9.0% | +11.2% | -2.2% | 100% |
| Q3 2023 | -3.8% | -3.6% | -0.2% | 100% |
| Q2 2023 | +7.2% | +8.3% | -1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2025 | $242.4M | 75 |
| Q4 2024 | $254.5M | 77 |
| Q3 2024 | $255.9M | 74 |
| Q2 2024 | $245.4M | 75 |
| Q1 2024 | $250.3M | 80 |
| Q4 2023 | $238.0M | 80 |
| Q3 2023 | $217.3M | 76 |
| Q2 2023 | $227.8M | 76 |
| Q1 2023 | $208.4M | 75 |
| Q4 2022 | $189.2M | 73 |
| Q3 2022 | $171.4M | 155 |
| Q2 2022 | $180.4M | 71 |