# BRAVE ASSET MANAGEMENT INC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1085867. Source: https://holderbook.com/funds/1085867-brave-asset-management-inc/

- Reported value: $467.5M
- Positions: 146
- Weight of the ten largest: 64.2%
- Filed: 2026-07-08

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 |
|---|---|---|---|---|---|
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $62.8M | 820,429 | 13.4% | 15 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $52.1M | 273,670 | 11.2% | 31 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $37.9M | 382,543 | 8.1% | 5 |
| ZIFF DAVIS INC | [ZD](https://holderbook.com/stocks/ZD/) | $24.6M | 470,282 | 5.3% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $24.2M | 83,658 | 5.2% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $23.9M | 32,029 | 5.1% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $22.2M | 62,732 | 4.7% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $21.8M | 31,788 | 4.7% | 27 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $15.7M | 47,930 | 3.4% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $15.1M | 40,481 | 3.2% | 31 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $14.4M | 90,815 | 3.1% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $10.9M | 45,652 | 2.3% | 29 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $10.1M | 120,228 | 2.2% | 8 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $8.7M | 34,250 | 1.9% | 31 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $8.6M | 73,097 | 1.8% | 31 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $6.7M | 80,143 | 1.4% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $5.1M | 15,046 | 1.1% | 23 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $4.5M | 12,546 | 1.0% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.1M | 8,290 | 0.9% | 31 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $3.5M | 76,334 | 0.7% | 27 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.3M | 24,333 | 0.7% | 22 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $3.0M | 13,152 | 0.6% | 24 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.7M | 13,545 | 0.6% | 21 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $2.5M | 31,032 | 0.5% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.2M | 8,712 | 0.5% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.1M | 1,737 | 0.4% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.0M | 16,831 | 0.4% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.9M | 1,904 | 0.4% | 31 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $1.9M | 3,765 | 0.4% | 31 |
| WHITE MTNS INS GROUP LTD | [WTM](https://holderbook.com/stocks/WTM/) | $1.9M | 924 | 0.4% | 31 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $1.9M | 7,865 | 0.4% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.9M | 6,593 | 0.4% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.6M | 12,299 | 0.3% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.6M | 19,103 | 0.3% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.5M | 26,999 | 0.3% | 31 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.5M | 12,419 | 0.3% | 24 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $1.3M | 8,379 | 0.3% | 23 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $1.2M | 5,719 | 0.3% | 23 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $1.1M | 3,823 | 0.2% | 31 |
| CARPENTER TECHNOLOGY CORP | [CRS](https://holderbook.com/stocks/CRS/) | $1.1M | 1,760 | 0.2% | 8 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $1.1M | 22,641 | 0.2% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.1M | 2,940 | 0.2% | 31 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $1.1M | 6,495 | 0.2% | 22 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.0M | 6,945 | 0.2% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.0M | 1,740 | 0.2% | 3 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.0M | 23,758 | 0.2% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $983.1K | 7,024 | 0.2% | 24 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $926.9K | 1,282 | 0.2% | 4 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $925.9K | 3,555 | 0.2% | 23 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $920.2K | 7,778 | 0.2% | 18 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $894.6K | 2,710 | 0.2% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $872.6K | 1,699 | 0.2% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $870.8K | 2,469 | 0.2% | 28 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $841.0K | 1,102 | 0.2% | 7 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $818.3K | 419 | 0.2% | 23 |
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $810.4K | 5,000 | 0.2% | 5 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $797.7K | 13,706 | 0.2% | 7 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $779.6K | 1,229 | 0.2% | 18 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $761.6K | 1,352 | 0.2% | 13 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $759.6K | 2,506 | 0.2% | 2 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $759.6K | 3,445 | 0.2% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $751.0K | 5,246 | 0.2% | 31 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $735.3K | 23,000 | 0.2% | 23 |
| RADNET INC | [RDNT](https://holderbook.com/stocks/RDNT/) | $727.2K | 11,791 | 0.2% | 23 |
| TEXTRON INC | [TXT](https://holderbook.com/stocks/TXT/) | $713.0K | 7,773 | 0.2% | 25 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $687.7K | 33,222 | 0.1% | 18 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $662.6K | 1,463 | 0.1% | 27 |
| METLIFE INC | [MET](https://holderbook.com/stocks/MET/) | $643.0K | 7,600 | 0.1% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $631.0K | 4,306 | 0.1% | 31 |
| TEXAS PACIFIC LAND CORPORATI | [TPL](https://holderbook.com/stocks/TPL/) | $613.1K | 1,401 | 0.1% | 9 |
| CRISPR THERAPEUTICS AG | [CRSP](https://holderbook.com/stocks/CRSP/) | $612.7K | 11,234 | 0.1% | 14 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $605.8K | 1,621 | 0.1% | 10 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $602.7K | 3,636 | 0.1% | 31 |
| HARTFORD INSURANCE GROUP INC | [HIG](https://holderbook.com/stocks/HIG/) | $586.4K | 4,425 | 0.1% | 31 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $579.8K | 5,577 | 0.1% | 31 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $579.1K | 6,200 | 0.1% | 29 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $571.7K | 2,272 | 0.1% | 22 |
| CREDIT ACCEP CORP MICH | [CACC](https://holderbook.com/stocks/CACC/) | $567.3K | 891 | 0.1% | 24 |
| ADVANCED DRAIN SYS INC DEL | [WMS](https://holderbook.com/stocks/WMS/) | $565.1K | 3,600 | 0.1% | 22 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $556.1K | 10,374 | 0.1% | 23 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $552.5K | 2,467 | 0.1% | 31 |
| FLUOR CORP | [FLR](https://holderbook.com/stocks/FLR/) | $544.9K | 10,400 | 0.1% | 26 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $542.9K | 555 | 0.1% | 23 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $542.3K | 1,472 | 0.1% | 31 |
| CRANE COMPANY | [CR](https://holderbook.com/stocks/CR/) | $525.3K | 2,355 | 0.1% | 13 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $512.3K | 1,366 | 0.1% | 23 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $509.3K | 6,185 | 0.1% | 1 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $496.9K | 1,837 | 0.1% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $474.6K | 404 | 0.1% | 5 |
| PROSHARES TR | [ROM](https://holderbook.com/stocks/ROM/) | $465.6K | 3,000 | 0.1% | 11 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $456.6K | 403 | 0.1% | 11 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $447.1K | 1,997 | 0.1% | 1 |
| HUNTINGTON INGALLS INDS INC | [HII](https://holderbook.com/stocks/HII/) | $443.1K | 1,583 | 0.1% | 31 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $441.5K | 1,997 | 0.1% | 1 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $440.7K | 3,759 | 0.1% | 8 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $440.2K | 4,851 | 0.1% | 22 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $428.2K | 371 | 0.1% | 1 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $424.0K | 22,178 | 0.1% | 22 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $418.9K | 3,000 | 0.1% | 1 |
| SPDR SERIES TRUST | [EFIV](https://holderbook.com/stocks/EFIV/) | $409.5K | 5,615 | 0.1% | 14 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | +11.9% | +14.8% | -3.0% | 99% |
| Q1 2026 | -2.1% | -4.6% | +2.5% | 100% |
| Q4 2025 | +3.5% | +2.4% | +1.1% | 99% |
| Q3 2025 | +9.2% | +7.8% | +1.4% | 99% |
| Q2 2025 | +7.8% | +10.5% | -2.7% | 99% |
| Q1 2025 | -4.3% | -4.6% | +0.2% | 100% |
| Q4 2024 | +0.4% | +2.1% | -1.7% | 98% |
| Q3 2024 | +3.6% | +5.4% | -1.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $467.5M | 146 |
| Q1 2026 | $426.7M | 156 |
| Q4 2025 | $424.8M | 166 |
| Q3 2025 | $413.1M | 168 |
| Q2 2025 | $370.9M | 165 |
| Q1 2025 | $320.7M | 160 |
| Q4 2024 | $315.1M | 163 |
| Q3 2024 | $411.9M | 166 |
| Q2 2024 | $392.6M | 158 |
| Q1 2024 | $385.3M | 165 |
| Q4 2023 | $355.6M | 155 |
| Q3 2023 | $327.6M | 151 |