# Pinnacle West Asset Management, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1975730. Source: https://holderbook.com/funds/1975730-pinnacle-west-asset-management-inc/

- Reported value: $144.7M
- Positions: 104
- Weight of the ten largest: 32.0%
- Filed: 2026-08-12

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/) | $5.8M | 19,935 | 4.0% | 14 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $5.6M | 5,810 | 3.9% | 14 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.1M | 25,515 | 3.5% | 14 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $4.9M | 4,586 | 3.4% | 14 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $4.5M | 12,610 | 3.1% | 14 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $4.4M | 13,570 | 3.1% | 14 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $4.3M | 17,857 | 2.9% | 14 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.1M | 10,975 | 2.8% | 14 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $3.8M | 3,795 | 2.7% | 14 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $3.7M | 50,294 | 2.6% | 14 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $3.5M | 13,605 | 2.4% | 14 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $3.4M | 29,950 | 2.3% | 14 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $3.4M | 24,154 | 2.3% | 14 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $3.2M | 8,815 | 2.2% | 14 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $3.0M | 7,338 | 2.1% | 14 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $3.0M | 5,286 | 2.1% | 14 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.9M | 8,349 | 2.0% | 14 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $2.9M | 89,740 | 2.0% | 14 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.9M | 24,275 | 2.0% | 14 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.7M | 2,221 | 1.8% | 14 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.5M | 18,630 | 1.8% | 14 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $2.4M | 2,458 | 1.6% | 14 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $2.3M | 3,688 | 1.6% | 14 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.3M | 14,090 | 1.6% | 14 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $2.2M | 7,225 | 1.5% | 14 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $2.0M | 54,987 | 1.4% | 14 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $2.0M | 7,355 | 1.4% | 14 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $1.8M | 21,093 | 1.3% | 14 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.7M | 5,020 | 1.2% | 14 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.7M | 6,280 | 1.2% | 14 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.7M | 5,940 | 1.2% | 14 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.5M | 10,285 | 1.0% | 14 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.4M | 3,845 | 0.9% | 14 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.4M | 11,543 | 0.9% | 14 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.3M | 2,589 | 0.9% | 14 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.3M | 13,463 | 0.9% | 14 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.2M | 9,470 | 0.8% | 14 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $1.2M | 3,750 | 0.8% | 14 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $1.1M | 4,990 | 0.8% | 14 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $1.0M | 9,925 | 0.7% | 14 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $1.0M | 4,640 | 0.7% | 14 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $935.0K | 5,060 | 0.6% | 14 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $928.0K | 8,635 | 0.6% | 14 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $913.0K | 2,115 | 0.6% | 4 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $908.0K | 21,435 | 0.6% | 14 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $907.0K | 6,185 | 0.6% | 14 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $897.0K | 11,040 | 0.6% | 14 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $874.0K | 7,450 | 0.6% | 14 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $839.0K | 7,115 | 0.6% | 14 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $830.0K | 14,400 | 0.6% | 14 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $814.0K | 5,030 | 0.6% | 14 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $795.0K | 5,870 | 0.5% | 14 |
| DARDEN RESTAURANTS INC | [DRI](https://holderbook.com/stocks/DRI/) | $770.0K | 3,739 | 0.5% | 9 |
| BHP BILLITON LIMITED | [BHP](https://holderbook.com/stocks/BHP/) | $758.0K | 9,100 | 0.5% | 14 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $742.0K | 2,745 | 0.5% | 14 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $742.0K | 7,260 | 0.5% | 14 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $727.0K | 7,935 | 0.5% | 14 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $726.0K | 8,000 | 0.5% | 14 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $706.0K | 8,045 | 0.5% | 14 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $699.0K | 5,820 | 0.5% | 14 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $659.0K | 31,857 | 0.5% | 14 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $651.0K | 1,278 | 0.4% | 14 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $651.0K | 4,155 | 0.4% | 14 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $638.0K | 4,665 | 0.4% | 14 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $622.0K | 7,955 | 0.4% | 14 |
| PRUDENTIAL FINL INC | [PRU](https://holderbook.com/stocks/PRU/) | $600.0K | 5,555 | 0.4% | 14 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $582.0K | 3,065 | 0.4% | 11 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $569.0K | 4,495 | 0.4% | 14 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $558.0K | 1,575 | 0.4% | 14 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $537.0K | 1,034 | 0.4% | 14 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $491.0K | 5,125 | 0.3% | 14 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $454.0K | 7,845 | 0.3% | 14 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $453.0K | 2,380 | 0.3% | 14 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $421.0K | 8,760 | 0.3% | 7 |
| HUNTINGTON INGALLS INDS INC | [HII](https://holderbook.com/stocks/HII/) | $396.0K | 1,415 | 0.3% | 12 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $389.0K | 16,158 | 0.3% | 14 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $381.0K | 2,520 | 0.3% | 14 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $374.0K | 6,570 | 0.3% | 5 |
| INTERNATIONAL PAPER CO | [IP](https://holderbook.com/stocks/IP/) | $372.0K | 9,775 | 0.3% | 14 |
| BLACK HILLS CORP | [BKH](https://holderbook.com/stocks/BKH/) | $368.0K | 4,950 | 0.3% | 14 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $354.0K | 1,355 | 0.2% | 14 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $347.0K | 480 | 0.2% | 1 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $347.0K | 4,100 | 0.2% | 10 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $345.0K | 1,550 | 0.2% | 7 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $342.0K | 1,950 | 0.2% | 14 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $325.0K | 2,940 | 0.2% | 14 |
| SMITH & NEPHEW PLC | [SNN](https://holderbook.com/stocks/SNN/) | $319.0K | 11,065 | 0.2% | 8 |
| ATMOS ENERGY CORP | [ATO](https://holderbook.com/stocks/ATO/) | $318.0K | 1,845 | 0.2% | 10 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $318.0K | 1,010 | 0.2% | 8 |
| SIEMENS A G            FSPONSORED ADR           1 ADR REPS  0.5  ORD SHS | [SIEGY](https://holderbook.com/stocks/SIEGY/) | $311.0K | 1,930 | 0.2% | 6 |
| NESTLE SA ADR | [NSRGY](https://holderbook.com/stocks/NSRGY/) | $300.0K | 2,920 | 0.2% | 14 |
| OGE ENERGY CORP | [OGE](https://holderbook.com/stocks/OGE/) | $295.0K | 6,065 | 0.2% | 11 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $294.0K | 2,520 | 0.2% | 8 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $293.0K | 1,431 | 0.2% | 14 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $280.0K | 4,100 | 0.2% | 8 |
| ARCHER DANIELS MIDLAND CO | [ADM](https://holderbook.com/stocks/ADM/) | $275.0K | 3,605 | 0.2% | 4 |
| SANOFI SA | [SNY](https://holderbook.com/stocks/SNY/) | $271.0K | 6,350 | 0.2% | 8 |
| DIAGEO PLC | [DEO](https://holderbook.com/stocks/DEO/) | $261.0K | 3,245 | 0.2% | 14 |
| SKYWORKS SOLUTIONS INC | [SWKS](https://holderbook.com/stocks/SWKS/) | $261.0K | 3,850 | 0.2% | 14 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $256.0K | 10,690 | 0.2% | 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 | +11.0% | +14.8% | -3.8% | 100% |
| Q1 2026 | -0.6% | -4.6% | +4.0% | 100% |
| Q4 2025 | +1.4% | +2.4% | -1.0% | 100% |
| Q3 2025 | +6.2% | +7.8% | -1.6% | 100% |
| Q2 2025 | +4.9% | +10.5% | -5.6% | 100% |
| Q1 2025 | -1.0% | -4.6% | +3.6% | 100% |
| Q4 2024 | -0.2% | +2.1% | -2.4% | 100% |
| Q3 2024 | +6.6% | +5.4% | +1.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $144.7M | 104 |
| Q1 2026 | $147.1M | 114 |
| Q4 2025 | $153.9M | 114 |
| Q3 2025 | $154.4M | 116 |
| Q2 2025 | $144.7M | 113 |
| Q1 2025 | $138.4M | 112 |
| Q4 2024 | $139.7M | 114 |
| Q3 2024 | $139.5M | 113 |
| Q2 2024 | $128.6M | 105 |
| Q1 2024 | $126.0M | 105 |
| Q4 2023 | $116.6M | 100 |
| Q3 2023 | $102.0M | 97 |