Peak Asset Management, LLC

LOUISVILLE, CO · CIK 1632512 · 13F filing filed 2023-08-14

SEC-registered investment adviser since 1996 · limited liability company

Assets managed$1.0bn
Staff16 · 14 in investment roles
Main clients (by assets)High net worth individuals 91%, Individuals 6%, Charities 3%
Form ADV · 2026-03-12SEC adviser record

$432.5m reported value +5.7% vs Q1 2023

137positions

38.2%in top 10

2 new 45 added 48 reduced 7 sold out vs Q1 2023

Options: 1 call positions ($3.8k notional), 0 put positions (— notional) – listed below, not included above.

Holdings, Q2 2023

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	128,583	$24.9m5.77%	5.77%	Reduced -5.1k	-5,058 -3.8%
2	MICROSOFT CORP COM MSFT	MSFT	70,392	$24.0m5.54%	5.54%	Reduced -2.1k	-2,063 -2.9%
3	S&P GLOBAL INC COM SPGI	SPGI	42,486	$17.0m3.94%	3.94%	Added +323	+323 0.8%
4	STRYKER CORPORATION COM SYK	SYK	54,620	$16.7m3.85%	3.85%	Reduced -1.3k	-1,330 -2.4%
5	ORACLE CORP COM ORCL	ORCL	131,471	$15.7m3.62%	3.62%	Reduced -5.8k	-5,787 -4.2%
6	VISA INC COM CL A V	V	60,782	$14.4m3.34%	3.34%	Reduced -75	-75 -0.1%
7	ALPHABET INC CAP STK CL A GOOGL	GOOGL	119,942	$14.4m3.32%	3.32%	Reduced -1.1k	-1,085 -0.9%
8	JPMORGAN CHASE & CO COM JPM	JPM	94,459	$13.7m3.18%	3.18%	Reduced -12	-12 -0.0%
9	PACCAR INC COM PCAR	PCAR	148,655	$12.4m2.88%	2.88%	Added +628	+628 0.4%
10	BECTON DICKINSON & CO COM BDX	BDX	45,002	$11.9m2.75%	2.75%	Added +800	+800 1.8%
11	CISCO SYS INC COM CSCO	CSCO	223,259	$11.6m2.67%	2.67%	Added +3.6k	+3,621 1.6%
12	RTX CORPORATION COM RTX	RTX	117,051	$11.5m2.65%	2.65%	Added +421	+421 0.4%
13	EMERSON ELEC CO COM EMR	EMR	116,053	$10.5m2.43%	2.43%	Added +6.2k	+6,231 5.7%
14	SPDR SER TR BLOOMBERG 3-12 M BILS	BILS	105,401	$10.5m2.42%	2.42%	Reduced -35.1k	-35,124 -25.0%
15	INVESCO EXCHANGE TRADED FD T PHARMACEUTICALS PJP	PJP	130,399	$9.9m2.28%	2.28%	Added +2.0k	+1,962 1.5%
16	ISHARES TR 20 YR TR BD ETF TLT	TLT	88,149	$9.1m2.10%	2.10%	New
17	DISNEY WALT CO COM DIS	DIS	100,350	$9.0m2.07%	2.07%	Added +8.1k	+8,071 8.8%
18	PIMCO ETF TR ENHAN SHRT MA AC MINT	MINT	83,655	$8.3m1.93%	1.93%	Reduced -7.2k	-7,246 -8.0%
19	VANGUARD SCOTTSDALE FDS SHORT TERM TREAS VGSH	VGSH	132,894	$7.7m1.77%	1.77%	Reduced -2.3k	-2,323 -1.7%
20	BOOKING HOLDINGS INC COM BKNG	BKNG	2,808	$7.6m1.75%	1.75%	Added +23	+23 0.8%
21	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	45,966	$6.9m1.59%	1.59%	Added +14.5k	+14,537 46.2%
22	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	15,313	$6.8m1.57%	1.57%	Added +2.4k	+2,444 19.0%
23	CONOCOPHILLIPS COM COP	COP	61,805	$6.4m1.48%	1.48%	Added +1.9k	+1,911 3.2%
24	V F CORP COM VFC	VFC	321,768	$6.1m1.42%	1.42%	Added +65.7k	+65,727 25.7%
25	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	11,264	$5.4m1.25%	1.25%	Added +24	+24 0.2%
26	AMERICAN CENTY ETF TR US SML CP VALU AVUV	AVUV	67,901	$5.3m1.22%	1.22%	Added +53.0k	+53,044 357.0%
27	CHEVRON CORP NEW COM CVX	CVX	31,160	$4.9m1.13%	1.13%	Added +354	+354 1.1%
28	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	49,547	$4.5m1.05%	1.05%	Reduced -11.0k	-11,012 -18.2%
29	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	104,878	$4.3m0.99%	0.99%	Added +7.5k	+7,475 7.7%
30	ISHARES TR CORE S&P500 ETF IVV	IVV	9,038	$4.0m0.93%	0.93%	Reduced -297	-297 -3.2%
31	PROCTER AND GAMBLE CO COM PG	PG	24,768	$3.8m0.87%	0.87%	Added +149	+149 0.6%
32	PEPSICO INC COM PEP	PEP	19,137	$3.5m0.82%	0.82%	Reduced -58.9k	-58,946 -75.5%
33	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	52,743	$3.4m0.78%	0.78%	Added +4.2k	+4,248 8.8%
34	ISHARES TR RUSSELL 2000 ETF IWM	IWM	17,623	$3.3m0.76%	0.76%	Added +212	+212 1.2%
35	MASTERCARD INCORPORATED CL A MA	MA	8,145	$3.2m0.74%	0.74%	Added +39	+39 0.5%
36	AMAZON COM INC COM AMZN	AMZN	23,720	$3.1m0.71%	0.71%	Added +708	+708 3.1%
37	JPMORGAN CHASE & CO ALERIAN ML ETN AMJ	AMJ	134,415	$3.1m0.71%	0.71%	Added +3.5k	+3,521 2.7%
38	ISHARES TR 1 3 YR TREAS BD SHY	SHY	37,970	$3.1m0.71%	0.71%	Reduced -2.4k	-2,434 -6.0%
39	UNION PAC CORP COM UNP	UNP	14,779	$3.0m0.70%	0.70%	Unchanged
40	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	8,032	$3.0m0.69%	0.69%	Reduced -64	-64 -0.8%
41	JACOBS SOLUTIONS INC COM J	J	24,000	$2.9m0.66%	0.66%	Unchanged
42	VANGUARD INDEX FDS SMALL CP ETF VB	VB	13,080	$2.6m0.60%	0.60%	Reduced -754	-754 -5.5%
43	VANGUARD INDEX FDS MID CAP ETF VO	VO	11,526	$2.5m0.59%	0.59%	Added +393	+393 3.5%
44	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	6,032	$2.5m0.57%	0.57%	Added +466	+466 8.4%
45	COSTCO WHSL CORP NEW COM COST	COST	4,422	$2.4m0.55%	0.55%	Reduced -25	-25 -0.6%
46	MERCK & CO INC COM MRK	MRK	19,893	$2.3m0.53%	0.53%	Added +94	+94 0.5%
47	JOHNSON & JOHNSON COM JNJ	JNJ	13,764	$2.3m0.53%	0.53%	Reduced -25	-25 -0.2%
48	ECOLAB INC COM ECL	ECL	11,922	$2.2m0.51%	0.51%	Unchanged
49	KINDER MORGAN INC DEL COM KMI	KMI	126,178	$2.2m0.50%	0.50%	Added +3.2k	+3,197 2.6%
50	JANUS DETROIT STR TR HENDRSN SHRT ETF VNLA	VNLA	45,113	$2.2m0.50%	0.50%	Reduced -6.6k	-6,561 -12.7%
51	STANLEY BLACK & DECKER INC COM SWK	SWK	22,733	$2.1m0.49%	0.49%	Unchanged
52	REPUBLIC SVCS INC COM RSG	RSG	12,928	$2.0m0.46%	0.46%	Unchanged
53	MKS INC. COM MKSI	MKSI	17,524	$1.9m0.44%	0.44%	Added +1.8k	+1,843 11.8%
54	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	1,978	$1.9m0.44%	0.44%	Reduced -15	-15 -0.8%
55	SIMON PPTY GROUP INC NEW COM SPG	SPG	15,532	$1.8m0.41%	0.41%	Reduced -840	-840 -5.1%
56	SCHLUMBERGER LTD COM STK SLB	SLB	35,864	$1.8m0.41%	0.41%	Added +650	+650 1.9%
57	SPDR SER TR S&P DIVID ETF SDY	SDY	14,351	$1.8m0.41%	0.41%	Added +520	+520 3.8%
58	ADOBE INC COM ADBE	ADBE	3,541	$1.7m0.40%	0.40%	Unchanged
59	EXXON MOBIL CORP COM XOM	XOM	15,670	$1.7m0.39%	0.39%	Reduced -374	-374 -2.3%
60	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	3,071	$1.6m0.37%	0.37%	Added +105	+105 3.5%
61	WELLS FARGO CO NEW COM WFC	WFC	35,377	$1.5m0.35%	0.35%	Added +5.9k	+5,919 20.1%
62	ABBOTT LABS COM ABT	ABT	13,194	$1.4m0.33%	0.33%	Added +563	+563 4.5%
63	ISHARES TR CORE S&P SCP ETF IJR	IJR	13,728	$1.4m0.32%	0.32%	Reduced -484	-484 -3.4%
64	SELECT SECTOR SPDR TR ENERGY XLE	XLE	16,343	$1.3m0.31%	0.31%	Reduced -917	-917 -5.3%
65	GOLAR LNG LTD SHS GLNG	GLNG	63,097	$1.3m0.29%	0.29%	Unchanged
66	PFIZER INC COM PFE	PFE	33,361	$1.2m0.28%	0.28%	Added +1	+1 0.0%
67	UNITEDHEALTH GROUP INC COM UNH	UNH	2,379	$1.1m0.26%	0.26%	Reduced -15	-15 -0.6%
68	INTUIT COM INTU	INTU	2,434	$1.1m0.26%	0.26%	Reduced -15	-15 -0.6%
69	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	24,009	$1.1m0.26%	0.26%	Reduced -373	-373 -1.5%
70	AMPHENOL CORP CL A APH	APH	12,564	$1.1m0.25%	0.25%	Reduced -90	-90 -0.7%
71	ALPHABET INC CAP STK CL C GOOG	GOOG	8,514	$1.0m0.24%	0.24%	Added +179	+179 2.1%
72	BOEING CO COM BA	BA	4,514	$953.2k0.22%	0.22%	Reduced -5	-5 -0.1%
73	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	5,613	$953.1k0.22%	0.22%	Unchanged
74	ROYAL GOLD INC COM RGLD	RGLD	8,062	$925.4k0.21%	0.21%	Unchanged
75	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	2,973	$917.4k0.21%	0.21%	Unchanged
76	COCA COLA CO COM KO	KO	15,069	$907.5k0.21%	0.21%	Added +162	+162 1.1%
77	VANGUARD BD INDEX FDS VANGUARD ULTRA VUSB	VUSB	18,149	$892.2k0.21%	0.21%	Reduced -53	-53 -0.3%
78	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	16,472	$862.6k0.20%	0.20%	Reduced -86	-86 -0.5%
79	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	24,305	$819.3k0.19%	0.19%	Reduced -2.2k	-2,195 -8.3%
80	NEXTERA ENERGY INC COM NEE	NEE	10,975	$814.3k0.19%	0.19%	Added +520	+520 5.0%
81	LOWES COS INC COM LOW	LOW	3,441	$776.6k0.18%	0.18%	Reduced -50	-50 -1.4%
82	ISHARES TR MSCI EMG MKT ETF EEM	EEM	19,331	$764.7k0.18%	0.18%	Added +1.5k	+1,547 8.7%
83	NIKE INC CL B NKE	NKE	6,779	$748.2k0.17%	0.17%	Added +143	+143 2.1%
84	CHURCH & DWIGHT CO INC COM CHD	CHD	7,384	$740.1k0.17%	0.17%	Reduced -50	-50 -0.7%
85	NVIDIA CORPORATION COM NVDA	NVDA	1,639	$693.3k0.16%	0.16%	Reduced -339	-339 -17.1%
86	HONEYWELL INTL INC COM COM		3,059	$634.7k0.15%	0.15%	Reduced -100	-100 -3.2%
87	EDWARDS LIFESCIENCES CORP COM EW	EW	6,343	$598.3k0.14%	0.14%	Unchanged
88	AUTOZONE INC COM AZO	AZO	230	$573.5k0.13%	0.13%	Unchanged
89	INVESCO EXCHANGE TRADED FD T S&P SPIN OFF CSD	CSD	9,912	$563.2k0.13%	0.13%	Unchanged
90	ISHARES TR CORE S&P MCP ETF IJH	IJH	2,111	$552.0k0.13%	0.13%	Added +19	+19 0.9%
91	ISHARES TR MSCI EAFE ETF EFA	EFA	7,310	$530.0k0.12%	0.12%	Unchanged
92	LABORATORY CORP AMER HLDGS COM NEW COM NEW		2,117	$510.9k0.12%	0.12%	Unchanged
93	QUALCOMM INC COM QCOM	QCOM	4,096	$487.6k0.11%	0.11%	Added +184	+184 4.7%
94	SPDR DOW JONES INDL AVERAGE UT SER 1 DIA	DIA	1,367	$470.0k0.11%	0.11%	Unchanged
95	PROGRESSIVE CORP COM PGR	PGR	3,483	$461.0k0.11%	0.11%	Unchanged
96	BROADCOM INC COM AVGO	AVGO	506	$438.9k0.10%	0.10%	Unchanged
97	BLACKROCK INC COM BLK	BLK	623	$430.6k0.10%	0.10%	Added +34	+34 5.8%
98	INTEL CORP COM INTC	INTC	12,695	$424.5k0.10%	0.10%	Unchanged
99	MCDONALDS CORP COM MCD	MCD	1,372	$409.4k0.09%	0.09%	Reduced -44	-44 -3.1%
100	ZOETIS INC CL A ZTS	ZTS	2,377	$409.3k0.09%	0.09%	Added +95	+95 4.2%

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
ISHARES TR DVY	DVY	15,033	$1.8m15.0k shares
INVESCO EXCH TRADED FD TR II SPLV	SPLV	9,435	$588.7k9.4k shares
ISHARES TR MTUM	MTUM	3,827	$532.1k3.8k shares
GOLDMAN SACHS ETF TR GBIL	GBIL	4,298	$430.4k4.3k shares
ISHARES TR AGG	AGG	3,246	$323.4k3.2k shares
WISDOMTREE TR DHS	DHS	3,813	$313.7k3.8k shares
NUVEEN AMT FREE MUN CR INC F NVG	NVG	13,620	$160.4k13.6k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
V F CORP VFC · Call	VFC	Call	200	$3.8k200 shares	New