# American Assets Investment Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1389256. Source: https://holderbook.com/funds/1389256-american-assets-investment-management-llc/

- Reported value: $1.7B
- Positions: 146
- Weight of the ten largest: 34.6%
- Filed: 2026-08-05

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 |
|---|---|---|---|---|---|
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $80.5M | 15,224,325 | 4.9% | 31 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $77.7M | 940,400 | 4.7% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $60.8M | 210,000 | 3.7% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $59.6M | 259,400 | 3.6% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $56.1M | 410,000 | 3.4% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $55.5M | 99,000 | 3.4% | 31 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $50.5M | 651,000 | 3.1% | 18 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $47.9M | 45,000 | 2.9% | 31 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $45.5M | 20,000 | 2.8% | 6 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $38.3M | 60,000 | 2.3% | 23 |
| AMERICAN ASSETS TR INC | [AAT](https://holderbook.com/stocks/AAT/) | $36.5M | 1,477,340 | 2.2% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $33.4M | 89,650 | 2.0% | 31 |
| RIGETTI COMPUTING INC | [RGTI](https://holderbook.com/stocks/RGTI/) | $31.7M | 1,639,800 | 1.9% | 16 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $29.8M | 180,000 | 1.8% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $28.7M | 60,000 | 1.7% | 15 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $22.5M | 176,400 | 1.4% | 31 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $22.1M | 3,384,000 | 1.3% | 27 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $22.1M | 130,800 | 1.3% | 31 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $21.4M | 103,500 | 1.3% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $21.1M | 59,000 | 1.3% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $20.2M | 132,000 | 1.2% | 31 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $20.0M | 165,000 | 1.2% | 31 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $20.0M | 99,500 | 1.2% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $19.6M | 52,500 | 1.2% | 20 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $18.3M | 162,000 | 1.1% | 19 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $17.4M | 30,000 | 1.1% | 16 |
| ESSEX PPTY TR INC | [ESS](https://holderbook.com/stocks/ESS/) | $17.3M | 59,500 | 1.1% | 31 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $17.0M | 96,000 | 1.0% | 31 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $16.6M | 115,000 | 1.0% | 25 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $16.3M | 270,000 | 1.0% | 25 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $16.1M | 125,000 | 1.0% | 31 |
| HSBC HLDGS PLC | [HSBC](https://holderbook.com/stocks/HSBC/) | $15.9M | 166,918 | 1.0% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $15.5M | 55,000 | 0.9% | 24 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $15.4M | 13,125 | 0.9% | 9 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $15.2M | 60,294 | 0.9% | 31 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $14.8M | 60,000 | 0.9% | 14 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $14.7M | 93,610 | 0.9% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $14.5M | 57,000 | 0.9% | 31 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $14.4M | 85,000 | 0.9% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $14.4M | 12,000 | 0.9% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $12.7M | 35,190 | 0.8% | 31 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $12.7M | 20,000 | 0.8% | 16 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $12.2M | 150,060 | 0.7% | 31 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $11.7M | 150,000 | 0.7% | 3 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $11.4M | 206,150 | 0.7% | 31 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $11.0M | 35,000 | 0.7% | 28 |
| NORTHERN TR CORP | [NTRS](https://holderbook.com/stocks/NTRS/) | $10.4M | 60,000 | 0.6% | 13 |
| UNILEVER PLC | [UL](https://holderbook.com/stocks/UL/) | $9.1M | 151,111 | 0.5% | 3 |
| PINNACLE WEST CAP CORP | [PNW](https://holderbook.com/stocks/PNW/) | $8.9M | 83,000 | 0.5% | 31 |
| METLIFE INC | [MET](https://holderbook.com/stocks/MET/) | $8.7M | 103,304 | 0.5% | 31 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $8.7M | 100,000 | 0.5% | 31 |
| PRUDENTIAL FINL INC | [PRU](https://holderbook.com/stocks/PRU/) | $8.7M | 80,459 | 0.5% | 31 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $8.5M | 92,000 | 0.5% | 31 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $8.5M | 25,000 | 0.5% | 25 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $8.3M | 33,333 | 0.5% | 18 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $8.2M | 60,000 | 0.5% | 31 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $8.0M | 86,674 | 0.5% | 27 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $7.9M | 7,000 | 0.5% | 31 |
| LENNAR CORP | [LEN](https://holderbook.com/stocks/LEN/) | $7.8M | 86,370 | 0.5% | 31 |
| NRG ENERGY INC | [NRG](https://holderbook.com/stocks/NRG/) | $7.8M | 53,146 | 0.5% | 19 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $7.7M | 23,332 | 0.5% | 31 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $7.6M | 15,000 | 0.5% | 22 |
| EDISON INTL | [EIX](https://holderbook.com/stocks/EIX/) | $7.4M | 100,000 | 0.5% | 31 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $7.3M | 127,000 | 0.4% | 31 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $7.3M | 80,000 | 0.4% | 31 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $7.3M | 70,000 | 0.4% | 19 |
| EQUITY RESIDENTIAL | [EQR](https://holderbook.com/stocks/EQR/) | $6.8M | 100,000 | 0.4% | 31 |
| QUEST DIAGNOSTICS INC | [DGX](https://holderbook.com/stocks/DGX/) | $6.8M | 32,000 | 0.4% | 31 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $5.8M | 50,000 | 0.4% | 19 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $5.7M | 30,000 | 0.3% | 23 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $5.6M | 70,000 | 0.3% | 19 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $5.6M | 71,632 | 0.3% | 31 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $5.5M | 23,277 | 0.3% | 31 |
| PPG INDS INC | [PPG](https://holderbook.com/stocks/PPG/) | $5.5M | 45,250 | 0.3% | 31 |
| UNITED THERAPEUTICS CORP DEL | [UTHR](https://holderbook.com/stocks/UTHR/) | $5.4M | 10,000 | 0.3% | 23 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $5.4M | 39,800 | 0.3% | 31 |
| ALLY FINL INC | [ALLY](https://holderbook.com/stocks/ALLY/) | $5.3M | 115,000 | 0.3% | 24 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $5.2M | 11,250 | 0.3% | 31 |
| TOYOTA MOTOR CORP | [TM](https://holderbook.com/stocks/TM/) | $5.1M | 30,000 | 0.3% | 31 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $5.0M | 18,000 | 0.3% | 9 |
| JEFFERIES FINANCIAL GROUP IN | [JEF](https://holderbook.com/stocks/JEF/) | $5.0M | 100,000 | 0.3% | 18 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $4.8M | 16,000 | 0.3% | 8 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $4.7M | 100,000 | 0.3% | 19 |
| QNITY ELECTRONICS INC | [Q](https://holderbook.com/stocks/Q/) | $4.4M | 26,970 | 0.3% | 3 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $4.4M | 50,000 | 0.3% | 20 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $4.3M | 225,800 | 0.3% | 15 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $4.1M | 32,666 | 0.3% | 31 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $4.1M | 15,000 | 0.2% | 31 |
| MADISON SQUARE GRDN SPRT COR | [MSGS](https://holderbook.com/stocks/MSGS/) | $4.0M | 10,000 | 0.2% | 19 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $4.0M | 125,000 | 0.2% | 23 |
| ALCOA CORP | [AA](https://holderbook.com/stocks/AA/) | $3.9M | 75,000 | 0.2% | 16 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $3.8M | 26,200 | 0.2% | 31 |
| KENVUE INC | [KVUE](https://holderbook.com/stocks/KVUE/) | $3.8M | 200,000 | 0.2% | 12 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $3.7M | 50,000 | 0.2% | 16 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $3.6M | 20,000 | 0.2% | 31 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $3.5M | 61,010 | 0.2% | 31 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $3.5M | 9,000 | 0.2% | 31 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $3.5M | 30,000 | 0.2% | 16 |
| SANOFI SA | [SNY](https://holderbook.com/stocks/SNY/) | $3.4M | 80,000 | 0.2% | 31 |
| FIRSTENERGY CORP | [FE](https://holderbook.com/stocks/FE/) | $3.3M | 70,000 | 0.2% | 20 |

## 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 | +12.4% | +14.8% | -2.5% | 113% |
| Q1 2026 | +1.8% | -4.6% | +6.4% | 115% |
| Q4 2025 | +3.9% | +2.4% | +1.6% | 100% |
| Q3 2025 | +12.7% | +7.8% | +4.9% | 100% |
| Q2 2025 | +7.0% | +10.5% | -3.4% | 100% |
| Q1 2025 | -4.6% | -4.6% | -0.1% | 100% |
| Q4 2024 | +9.5% | +2.1% | +7.4% | 100% |
| Q3 2024 | +6.6% | +5.4% | +1.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.7B | 146 |
| Q1 2026 | $1.5B | 146 |
| Q4 2025 | $1.4B | 145 |
| Q3 2025 | $1.4B | 142 |
| Q2 2025 | $1.2B | 143 |
| Q1 2025 | $1.1B | 146 |
| Q4 2024 | $1.2B | 155 |
| Q3 2024 | $1.1B | 160 |
| Q2 2024 | $1.1B | 161 |
| Q1 2024 | $1.1B | 168 |
| Q4 2023 | $969.4M | 171 |
| Q3 2023 | $896.2M | 170 |