PINNACLE ASSOCIATES LTD

NEW YORK, NY · CIK 743127 · 13F filing filed 2024-07-30

SEC-registered investment adviser since 1984 · corporation

Assets managed$10.4bn
Staff69 · 33 in investment roles
Main clients (by assets)Other advisers 23%, Individuals 19%, High net worth individuals 18%
Private funds4 · $176.1m gross assets
Websitepinnacleinsights.org
Form ADV · 2026-03-26SEC adviser record

Legal entityPinnacle Associates Ltd. (US)

$6.4bn reported value +0.7% vs Q1 2024

813positions

21.2%in top 10

24 new 255 added 446 reduced 46 sold out vs Q1 2024

Also in the report of:

SVB WEALTH LLC – $270.3k of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APPLE INC COM AAPL	AAPL	1,342,531	$282.8m4.43%	4.43%	Added +17.8k	+17,842 1.4%
2	MICROSOFT CORP COM MSFT	MSFT	466,679	$208.6m3.27%	3.27%	Reduced -21.7k	-21,714 -4.5%
3	JOHNSON & JOHNSON COM JNJ	JNJ	1,277,707	$186.7m2.92%	2.92%	Reduced -26.8k	-26,821 -2.1%
4	NVIDIA CORPORATION COM NVDA	NVDA	943,749	$116.6m1.83%	1.83%	Reduced -74.4k	-74,401 -7.3%
5	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	199,990	$108.8m1.70%	1.70%	Added +2.3k	+2,321 1.2%
6	AMAZON COM INC COM AMZN	AMZN	497,793	$96.2m1.51%	1.51%	Added +4.9k	+4,866 1.0%
7	JPMORGAN CHASE & CO COM JPM	JPM	457,014	$92.4m1.45%	1.45%	Reduced -14.8k	-14,784 -3.1%
8	VANGUARD INDEX FDS SMALL CP ETF VB	VB	420,500	$91.7m1.44%	1.44%	Added +4.3k	+4,346 1.0%
9	BROADCOM INC COM AVGO	AVGO	56,229	$90.3m1.41%	1.41%	Reduced -10.7k	-10,694 -16.0%
10	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	168,350	$80.7m1.26%	1.26%	Added +1.9k	+1,891 1.1%
11	META PLATFORMS INC CL A META	META	158,675	$80.0m1.25%	1.25%	Added +16.0k	+15,991 11.2%
12	LAM RESEARCH CORP COM COM		69,395	$73.9m1.16%	1.16%	Reduced -2.8k	-2,813 -3.9%
13	ALPHABET INC CAP STK CL C GOOG	GOOG	394,275	$72.3m1.13%	1.13%	Reduced -4.7k	-4,700 -1.2%
14	ISHARES TR CORE S&P500 ETF IVV	IVV	128,120	$70.1m1.10%	1.10%	Added +1.8k	+1,800 1.4%
15	REGENERON PHARMACEUTICALS COM REGN	REGN	66,354	$69.7m1.09%	1.09%	Reduced -156	-156 -0.2%
16	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	391,245	$66.8m1.05%	1.05%	Added +8.9k	+8,936 2.3%
17	ALPHABET INC CAP STK CL A GOOGL	GOOGL	365,250	$66.5m1.04%	1.04%	Added +744	+744 0.2%
18	XYLEM INC COM XYL	XYL	489,229	$66.4m1.04%	1.04%	Reduced -11.6k	-11,644 -2.3%
19	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	500,976	$59.4m0.93%	0.93%	Added +5.9k	+5,897 1.2%
20	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	214,697	$57.4m0.90%	0.90%	Reduced -5.5k	-5,505 -2.5%
21	MERCK & CO INC COM MRK	MRK	460,764	$57.0m0.89%	0.89%	Reduced -9.3k	-9,338 -2.0%
22	ROYAL CARIBBEAN GROUP COM RCL	RCL	349,940	$55.8m0.87%	0.87%	Reduced -6.3k	-6,325 -1.8%
23	VISA INC COM CL A V	V	207,025	$54.3m0.85%	0.85%	Reduced -1.5k	-1,527 -0.7%
24	ELI LILLY & CO COM LLY	LLY	57,016	$51.6m0.81%	0.81%	Reduced -408	-408 -0.7%
25	COHERENT CORP COM COHR	COHR	702,822	$50.9m0.80%	0.80%	Reduced -113.7k	-113,712 -13.9%
26	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	867,933	$50.9m0.80%	0.80%	Added +16.9k	+16,919 2.0%
27	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	651,092	$50.6m0.79%	0.79%	Added +8.2k	+8,202 1.3%
28	HOME DEPOT INC COM HD	HD	145,336	$50.0m0.78%	0.78%	Reduced -2.1k	-2,119 -1.4%
29	GOLAR LNG LTD SHS GLNG	GLNG	1,500,628	$47.0m0.74%	0.74%	Added +63.2k	+63,180 4.4%
30	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	111,967	$45.5m0.71%	0.71%	Reduced -967	-967 -0.9%
31	QORVO INC COM QRVO	QRVO	385,873	$44.8m0.70%	0.70%	Reduced -6.9k	-6,941 -1.8%
32	MORGAN STANLEY COM NEW MS	MS	452,566	$44.0m0.69%	0.69%	Reduced -11.7k	-11,724 -2.5%
33	AMERICAN EXPRESS CO COM AXP	AXP	188,244	$43.6m0.68%	0.68%	Reduced -1.9k	-1,851 -1.0%
34	UNITED PARKS & RESORTS INC COM PRKS	PRKS	760,077	$41.3m0.65%	0.65%	Reduced -7.5k	-7,486 -1.0%
35	BANK AMERICA CORP COM BAC	BAC	968,298	$38.5m0.60%	0.60%	Reduced -7.6k	-7,557 -0.8%
36	PROCTER AND GAMBLE CO COM PG	PG	224,878	$37.1m0.58%	0.58%	Reduced -2.3k	-2,329 -1.0%
37	CATERPILLAR INC COM CAT	CAT	111,165	$37.0m0.58%	0.58%	Added +15.3k	+15,300 16.0%
38	VANGUARD WORLD FD INF TECH ETF VGT	VGT	63,369	$36.5m0.57%	0.57%	Added +95	+95 0.1%
39	BOYD GAMING CORP COM BYD	BYD	663,019	$36.5m0.57%	0.57%	Reduced -8.3k	-8,253 -1.2%
40	ITRON INC COM ITRI	ITRI	364,358	$36.1m0.56%	0.56%	Reduced -33.8k	-33,825 -8.5%
41	ONESPAWORLD HOLDINGS LIMITED COM OSW	OSW	2,292,341	$35.2m0.55%	0.55%	Reduced -84.9k	-84,877 -3.6%
42	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	620,882	$35.2m0.55%	0.55%	Reduced -1.1k	-1,091 -0.2%
43	CISCO SYS INC COM CSCO	CSCO	739,113	$35.1m0.55%	0.55%	Reduced -37.1k	-37,099 -4.8%
44	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	64,629	$34.6m0.54%	0.54%	Reduced -268	-268 -0.4%
45	COSTCO WHSL CORP NEW COM COST	COST	40,644	$34.5m0.54%	0.54%	Reduced -1.4k	-1,383 -3.3%
46	BLACKROCK INC COM BLK	BLK	42,196	$33.2m0.52%	0.52%	Reduced -133	-133 -0.3%
47	ORACLE CORP COM ORCL	ORCL	219,783	$31.0m0.49%	0.49%	Reduced -1.1k	-1,140 -0.5%
48	EATON CORP PLC SHS ETN	ETN	97,800	$30.7m0.48%	0.48%	Reduced -4.1k	-4,126 -4.0%
49	MARKEL GROUP INC COM MKL	MKL	19,378	$30.5m0.48%	0.48%	Added +74	+74 0.4%
50	MICRON TECHNOLOGY INC COM MU	MU	221,823	$29.2m0.46%	0.46%	Reduced -2.2k	-2,195 -1.0%
51	COMMVAULT SYS INC COM CVLT	CVLT	236,412	$28.7m0.45%	0.45%	Reduced -4.7k	-4,679 -1.9%
52	FEDEX CORP COM FDX	FDX	95,327	$28.6m0.45%	0.45%	Reduced -1.6k	-1,577 -1.6%
53	COGNEX CORP COM CGNX	CGNX	605,916	$28.3m0.44%	0.44%	Added +15.3k	+15,289 2.6%
54	ISHARES TR CORE S&P SCP ETF IJR	IJR	261,490	$27.9m0.44%	0.44%	Added +5.9k	+5,871 2.3%
55	RAYMOND JAMES FINL INC COM RJF	RJF	221,590	$27.4m0.43%	0.43%	Reduced -4.6k	-4,607 -2.0%
56	CANADIAN PACIFIC KANSAS CITY COM CP	CP	345,468	$27.2m0.43%	0.43%	Added +1.4k	+1,442 0.4%
57	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	157,089	$27.2m0.43%	0.43%	Added +22.9k	+22,924 17.1%
58	TRIMBLE INC COM TRMB	TRMB	482,502	$27.0m0.42%	0.42%	Reduced -9.6k	-9,586 -1.9%
59	DIGITAL RLTY TR INC COM DLR	DLR	176,411	$26.8m0.42%	0.42%	Reduced -16	-16 -0.0%
60	APPLIED MATLS INC COM AMAT	AMAT	112,654	$26.6m0.42%	0.42%	Reduced -2.4k	-2,422 -2.1%
61	AEROVIRONMENT INC COM AVAV	AVAV	145,100	$26.4m0.41%	0.41%	Reduced -19.6k	-19,553 -11.9%
62	EXXON MOBIL CORP COM XOM	XOM	228,860	$26.3m0.41%	0.41%	Added +20.0k	+20,034 9.6%
63	AMBARELLA INC SHS AMBA	AMBA	485,838	$26.2m0.41%	0.41%	Added +932	+932 0.2%
64	CHEVRON CORP NEW COM CVX	CVX	167,567	$26.2m0.41%	0.41%	Reduced -4.5k	-4,526 -2.6%
65	HONEYWELL INTL INC COM COM		122,460	$26.2m0.41%	0.41%	Reduced -73	-73 -0.1%
66	GMO ETF TRUST GMO US QUALITY E QLTY	QLTY	819,660	$25.4m0.40%	0.40%	Added +270.8k	+270,792 49.3%
67	WALMART INC COM WMT	WMT	370,649	$25.1m0.39%	0.39%	Reduced -10.1k	-10,079 -2.6%
68	MADISON SQUARE GRDN SPRT COR CL A MSGS	MSGS	132,865	$25.0m0.39%	0.39%	Reduced -793	-793 -0.6%
69	ADOBE INC COM ADBE	ADBE	44,223	$24.6m0.38%	0.38%	Reduced -490	-490 -1.1%
70	RTX CORPORATION COM RTX	RTX	240,779	$24.2m0.38%	0.38%	Reduced -1.0k	-1,039 -0.4%
71	SPDR DOW JONES INDL AVERAGE UT SER 1 DIA	DIA	61,646	$24.1m0.38%	0.38%	Reduced -5.5k	-5,520 -8.2%
72	COMCAST CORP NEW CL A CMCSA	CMCSA	607,666	$23.8m0.37%	0.37%	Reduced -112.3k	-112,310 -15.6%
73	CAMECO CORP COM CCJ	CCJ	478,414	$23.5m0.37%	0.37%	Reduced -11.0k	-11,003 -2.2%
74	BLACKSTONE INC COM BX	BX	189,502	$23.5m0.37%	0.37%	Reduced -1.7k	-1,667 -0.9%
75	PEPSICO INC COM PEP	PEP	138,186	$22.8m0.36%	0.36%	Reduced -2.3k	-2,274 -1.6%
76	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	136,627	$22.4m0.35%	0.35%	Added +7.5k	+7,487 5.8%
77	FORMFACTOR INC COM FORM	FORM	366,511	$22.2m0.35%	0.35%	Reduced -8.0k	-7,957 -2.1%
78	NLIGHT INC COM LASR	LASR	2,020,769	$22.1m0.35%	0.35%	Added +309.6k	+309,634 18.1%
79	MANCHESTER UTD PLC NEW ORD CL A MANU	MANU	1,351,534	$21.8m0.34%	0.34%	Added +185.3k	+185,271 15.9%
80	LAS VEGAS SANDS CORP COM LVS	LVS	490,956	$21.7m0.34%	0.34%	Reduced -3.9k	-3,900 -0.8%
81	IONIS PHARMACEUTICALS INC COM IONS	IONS	453,379	$21.6m0.34%	0.34%	Reduced -6.4k	-6,379 -1.4%
82	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	429,550	$21.2m0.33%	0.33%	Reduced -12.2k	-12,158 -2.8%
83	PFIZER INC COM PFE	PFE	747,357	$20.9m0.33%	0.33%	Reduced -5.9k	-5,942 -0.8%
84	VISHAY INTERTECHNOLOGY INC COM VSH	VSH	908,852	$20.3m0.32%	0.32%	Reduced -17.8k	-17,818 -1.9%
85	ABBVIE INC COM ABBV	ABBV	118,003	$20.2m0.32%	0.32%	Reduced -786	-786 -0.7%
86	ULTRA CLEAN HLDGS INC COM UCTT	UCTT	412,238	$20.2m0.32%	0.32%	Reduced -7.9k	-7,877 -1.9%
87	IRIDIUM COMMUNICATIONS INC COM IRDM	IRDM	711,311	$18.9m0.30%	0.30%	Reduced -3.6k	-3,606 -0.5%
88	UNITEDHEALTH GROUP INC COM UNH	UNH	37,170	$18.9m0.30%	0.30%	Reduced -2.1k	-2,113 -5.4%
89	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	34,201	$18.9m0.30%	0.30%	Reduced -116	-116 -0.3%
90	ICHOR HOLDINGS SHS ICHR	ICHR	488,194	$18.8m0.29%	0.29%	Reduced -6.1k	-6,124 -1.2%
91	AMGEN INC COM AMGN	AMGN	59,851	$18.7m0.29%	0.29%	Reduced -3.6k	-3,627 -5.7%
92	NEXTERA ENERGY INC COM NEE	NEE	262,147	$18.6m0.29%	0.29%	Added +27.6k	+27,579 11.8%
93	ADVANCED ENERGY INDS COM AEIS	AEIS	170,466	$18.5m0.29%	0.29%	Reduced -5.2k	-5,226 -3.0%
94	ISHARES TR CORE S&P MCP ETF IJH	IJH	314,948	$18.4m0.29%	0.29%	Added +958	+958 0.3%
95	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	73,659	$18.4m0.29%	0.29%	Reduced -75	-75 -0.1%
96	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	248,737	$17.9m0.28%	0.28%	Added +15.1k	+15,136 6.5%
97	MASTERCARD INCORPORATED CL A MA	MA	39,884	$17.6m0.28%	0.28%	Reduced -84	-84 -0.2%
98	GOLDMAN SACHS GROUP INC COM GS	GS	38,868	$17.6m0.28%	0.28%	Reduced -1.9k	-1,921 -4.7%
99	DISNEY WALT CO COM DIS	DIS	173,717	$17.2m0.27%	0.27%	Added +6.1k	+6,128 3.7%
100	CITIGROUP INC COM NEW C	C	270,550	$17.2m0.27%	0.27%	Reduced -1.9k	-1,901 -0.7%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
PIONEER NAT RES CO PXD	PXD	11,894	$3.1m11.9k shares
NEW FORTRESS ENERGY INC		94,133	$2.9m94.1k shares
WORLD KINECT CORPORATION WKC	WKC	55,384	$1.5m55.4k shares
INTREPID POTASH INC IPI	IPI	49,089	$1.0m49.1k shares
ETF SER SOLUTIONS JETS	JETS	24,027	$504.8k24.0k shares
GENERAL AMERN INVS CO INC GAM	GAM	7,875	$366.3k7.9k shares
CRISPR THERAPEUTICS AG CRSP	CRSP	5,303	$361.5k5.3k shares
GRACO INC GGG	GGG	3,022	$282.4k3.0k shares
GLOBALFOUNDRIES INC GFS	GFS	5,417	$282.3k5.4k shares
AUTODESK INC ADSK	ADSK	1,079	$281.0k1.1k shares
ISHARES TR ICSH	ICSH	5,498	$278.0k5.5k shares
FORTIVE CORP FTV	FTV	3,152	$271.2k3.2k shares
METHODE ELECTRS INC MEI	MEI	22,225	$270.7k22.2k shares
BLOCK INC XYZ	XYZ	3,134	$265.0k3.1k shares
CBOE GLOBAL MKTS INC CBOE	CBOE	1,366	$251.1k1.4k shares
BXP INC BXP	BXP	3,826	$249.9k3.8k shares
TFI INTL INC TFII	TFII	1,565	$249.6k1.6k shares
DARDEN RESTAURANTS INC DRI	DRI	1,484	$248.1k1.5k shares
WALGREENS BOOTS ALLIANCE INC WBA	WBA	10,722	$232.6k10.7k shares
KENVUE INC KVUE	KVUE	10,827	$232.3k10.8k shares
VANGUARD WORLD FD VDE	VDE	1,734	$228.3k1.7k shares
LABORATORY CORP AMER HLDGS		1,038	$226.8k1.0k shares
FACTSET RESH SYS INC FDS	FDS	496	$225.4k496 shares
LIVE NATION ENTERTAINMENT IN LYV	LYV	2,113	$223.5k2.1k shares
SNAP ON INC SNA	SNA	746	$221.0k746 shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
UNIFI INC UFI · 13G · filed 2025-05-21	UFI	5.5%≈ $4.8m	new	13G	2025-05-21