← All Managers

David Katz

Matrix Asset Advisors

Value investor

$1.09B

Portfolio Value

105

Holdings

Q1 '26

Period

2026-04-22

Filed

📈

Simulated 13F Return

⚠️ Approximation

Total Return

+18.29%

Q1 '24 → Q4 '25

Annualized

+10.06%/yr

S&P: +7.61%/yr

Alpha (vs S&P)

+4.57%

7 quarters tracked

1-Year Return

+16.05%

α +2.34%

⚠️ Approximation only. 13F filings are delayed ~45 days. Options, shorts, and intra-quarter trades not captured.

📈 Recent Activity

Changes from previous quarter

MSFTINCREASED
5.8% of portfolio
+20% shares-0.4pp
MAVFREDUCED
4.4% of portfolio
-1% shares-0.1pp
GOOGREDUCED
3.8% of portfolio
-9% shares-0.7pp
PNCINCREASED
3.7% of portfolio
+0% shares+0.1pp
JPMREDUCED
3.6% of portfolio
-1% shares-0.3pp
MSREDUCED
3.6% of portfolio
-9% shares-0.6pp
AAPLINCREASED
3.6% of portfolio
+4% shares-0.0pp
PEPINCREASED
3.4% of portfolio
+18% shares+0.8pp
QCOMINCREASED
3.4% of portfolio
+32% shares+0.0pp
USBREDUCED
3.4% of portfolio
-0% shares-0.0pp
AMGNINCREASED
3.2% of portfolio
-4% shares+0.2pp
MDTINCREASED
3.0% of portfolio
+2% shares-0.2pp
BKREDUCED
2.7% of portfolio
-6% shares-0.1pp
AMZNINCREASED
2.6% of portfolio
+8% shares-0.0pp
TXNINCREASED
2.5% of portfolio
+3% shares+0.4pp
CMCSAINCREASED
2.4% of portfolio
+51% shares+0.8pp
NEE-PSREDUCED
2.3% of portfolio
-1% shares+0.3pp
TSNINCREASED
2.2% of portfolio
+1% shares+0.2pp
GNRCREDUCED
2.0% of portfolio
-0% shares+0.6pp
GSREDUCED
2.0% of portfolio
-9% shares-0.2pp
AMATREDUCED
1.8% of portfolio
-18% shares+0.2pp
LMTREDUCED
1.8% of portfolio
-0% shares+0.4pp
SBUXREDUCED
1.8% of portfolio
-2% shares+0.1pp
AEPREDUCED
1.8% of portfolio
-20% shares-0.1pp
METAINCREASED
1.7% of portfolio
+2% shares-0.2pp
VOOINCREASED
1.7% of portfolio
+8% shares+0.1pp
TELLINCREASED
1.6% of portfolio
+0% shares+0.3pp
WFCREDUCED
1.6% of portfolio
-0% shares-0.2pp
HDINCREASED
1.6% of portfolio
+2% shares
VEAINCREASED
1.5% of portfolio
+11% shares+0.2pp
MTBREDUCED
1.5% of portfolio
-9% shares-0.1pp
FDXREDUCED
1.4% of portfolio
-20% shares+0.0pp
VYMREDUCED
1.4% of portfolio
+6% shares+0.1pp
LOWINCREASED
1.4% of portfolio
+0% shares
PYPLREDUCED
1.1% of portfolio
-0% shares-0.3pp
IWFINCREASED
1.0% of portfolio
+11% shares+0.0pp
TMOINCREASED
1.0% of portfolio
+6% shares-0.1pp
ABBVINCREASED
0.8% of portfolio
+2% shares
IJRINCREASED
0.8% of portfolio
+8% shares+0.1pp
PGINCREASED
0.7% of portfolio
+22x shares+0.6pp
NKENEW
0.6% of portfolio
New position
STZINCREASED
0.6% of portfolio
+2% shares+0.1pp
TELREDUCED
0.6% of portfolio
-30% shares-0.3pp
ACNINCREASED
0.6% of portfolio
+68% shares+0.1pp
IWRINCREASED
0.5% of portfolio
+1% shares+0.0pp
VTVINCREASED
0.5% of portfolio
+12% shares+0.1pp
MDYREDUCED
0.3% of portfolio
-2% shares
TCHPINCREASED
0.3% of portfolio
+2% shares-0.0pp
ADPNEW
0.3% of portfolio
New position
BACREDUCED
0.2% of portfolio
-4% shares-0.0pp
EEMREDUCED
0.2% of portfolio
-0% shares
VWOINCREASED
0.2% of portfolio
+6% shares+0.0pp
VOINCREASED
0.2% of portfolio
+52% shares+0.1pp
IVVINCREASED
0.2% of portfolio
+0% shares
INTUREDUCED
0.1% of portfolio
+721% shares+0.1pp
EFAINCREASED
0.1% of portfolio
+0% shares
VUGINCREASED
0.1% of portfolio
+5% shares
NVDAREDUCED
0.1% of portfolio
-2% shares
IWDINCREASED
0.1% of portfolio
+0% shares
GOOGLREDUCED
0.1% of portfolio
-1% shares
AXPREDUCED
0.1% of portfolio
-2% shares-0.0pp
QQQINCREASED
0.1% of portfolio
+1% shares
VIGREDUCED
0.1% of portfolio
-8% shares
AFLINCREASED
0.1% of portfolio
+0% shares
VONGNEW
0.1% of portfolio
New position
SPYXREDUCED
0.1% of portfolio
-4% shares
XOMREDUCED
0.1% of portfolio
-20% shares
ESGDREDUCED
0.1% of portfolio
-1% shares
COSTREDUCED
0.1% of portfolio
-1% shares
SDYINCREASED
0.1% of portfolio
+0% shares
ASTSREDUCED
<0.1% of portfolio
-9% shares
GLDINCREASED
<0.1% of portfolio
-8% shares
WMTREDUCED
<0.1% of portfolio
-14% shares
JNJREDUCED
<0.1% of portfolio
-48% shares-0.0pp
IJHINCREASED
<0.1% of portfolio
+0% shares
MCDINCREASED
<0.1% of portfolio
+0% shares
DHRREDUCED
<0.1% of portfolio
-1% shares
NUEREDUCED
<0.1% of portfolio
-24% shares
VBINCREASED
<0.1% of portfolio
+0% shares
SPYGINCREASED
<0.1% of portfolio
+2% shares
IEMGINCREASED
<0.1% of portfolio
+8% shares
LLYREDUCED
<0.1% of portfolio
-4% shares
IWBINCREASED
<0.1% of portfolio
+0% shares
MPCNEW
<0.1% of portfolio
New position
CLNEW
<0.1% of portfolio
New position
MRKREDUCED
<0.1% of portfolio
-42% shares
SCHDNEW
<0.1% of portfolio
New position
LHXSOLD
was 1.1%
Sold out position
Filing price: $293.57
GDSOLD
was 0.9%
Sold out position
Filing price: $336.66
CSCOSOLD
was 0.8%
Sold out position
Filing price: $77.03
ZBHSOLD
was 0.2%
Sold out position
Filing price: $89.92
IBMSOLD
was <0.1%
Sold out position
Filing price: $296.28
UNHSOLD
was <0.1%
Sold out position
Filing price: $329.97
TSLASOLD
was <0.1%
Sold out position
Filing price: $449.72
BMYSOLD
was <0.1%
Sold out position
Filing price: $53.94

Sold Out (8)

SOLDBMYBristol-Myers Squibbwas 0.02%@$53.94
SOLDCSCOCISCO SYS INCwas 0.78%@$77.03
SOLDGDGENERAL DYNAMICS CORPwas 0.90%@$336.66
SOLDIBMINTERNATIONAL BUSINESS MACHSwas 0.02%@$296.28
SOLDLHXL3HARRIS TECHNOLOGIES INCwas 1.07%@$293.57
SOLDTSLATESLA INCwas 0.02%@$449.72
SOLDUNHUNITEDHEALTH GROUP INCwas 0.02%@$329.97
SOLDZBHZIMMER BIOMET HOLDINGS INCwas 0.24%@$89.92

📊 Sector Breakdown

Portfolio allocation by sector

Unknown 27.3%Technology 26.7%Financials 21.4%Healthcare 8.2%Consumer Discretionary 5.5%+5 more (11.0%)

💼 Holdings

🔍

105 of 105 positions · $1.09B

This quarter: 6 new positions, increased 43, reduced 38, sold 8. Net buyer.

MSFTINCREASED
5.8%
5.8% of portfolio (was 6.2%, added)
Filed ~$370
—📄
MAVFREDUCED
4.4%
4.4% of portfolio (was 4.5%, trimmed)
Filed ~$118
—📄
GOOGREDUCED
3.8%
3.8% of portfolio (was 4.4%, trimmed)
Filed ~$287
—📄
PNCINCREASED
3.7%
3.7% of portfolio (was 3.6%, added)
Filed ~$208
—📄
JPMREDUCED
3.6%
3.6% of portfolio (was 3.9%, trimmed)
Filed ~$294
—📄
MSREDUCED
3.6%
3.6% of portfolio (was 4.2%, trimmed)
Filed ~$165
—📄
AAPLINCREASED
3.6%
3.6% of portfolio (was 3.6%, added)
Filed ~$254
—📄
PEPINCREASED
3.4%
3.4% of portfolio (was 2.6%, added)
Filed ~$155
—📄
QCOMINCREASED
3.4%
3.4% of portfolio (was 3.3%, added)
Filed ~$129
—📄
USBREDUCED
3.4%
3.4% of portfolio (was 3.4%, trimmed)
Filed ~$52
—📄
AMGNINCREASED
3.2%
3.2% of portfolio (was 3.0%, added)
Filed ~$352
—📄
MDTINCREASED
3.0%
3.0% of portfolio (was 3.2%, added)
Filed ~$87
—📄
BKREDUCED
2.7%
2.7% of portfolio (was 2.7%, trimmed)
Filed ~$119
—📄
AMZNINCREASED
2.6%
2.6% of portfolio (was 2.6%, added)
Filed ~$208
—📄
TXNINCREASED
2.5%
2.5% of portfolio (was 2.1%, added)
Filed ~$194
—📄
CMCSAINCREASED
2.4%
2.4% of portfolio (was 1.6%, added)
Filed ~$29
—📄
NEE-PSREDUCED
2.3%
2.3% of portfolio (was 1.9%, trimmed)
Filed ~$93
—📄
TSNINCREASED
2.2%
2.2% of portfolio (was 2.0%, added)
Filed ~$64
—📄
GNRCREDUCED
2.0%
2.0% of portfolio (was 1.4%, trimmed)
Filed ~$195
—📄
GSREDUCED
2.0%
2.0% of portfolio (was 2.2%, trimmed)
Filed ~$846
—📄
AMATREDUCED
1.8%
1.8% of portfolio (was 1.7%, trimmed)
Filed ~$342
—📄
LMTREDUCED
1.8%
1.8% of portfolio (was 1.4%, trimmed)
Filed ~$604
—📄
SBUXREDUCED
1.8%
1.8% of portfolio (was 1.7%, trimmed)
Filed ~$90
—📄
AEPREDUCED
1.8%
1.8% of portfolio (was 1.9%, trimmed)
Filed ~$131
—📄
METAINCREASED
1.7%
1.7% of portfolio (was 1.9%, added)
Filed ~$572
—📄
1–25 of 105

🚫 Sold Out (8 positions)

SOLDBMYBristol-Myers Squibbwas 0.02%@$53.943929 shares · $212K
SOLDCSCOCISCO SYS INCwas 0.78%@$77.03112308 shares · $8.7M
SOLDGDGENERAL DYNAMICS CORPwas 0.90%@$336.6629725 shares · $10.0M
SOLDIBMINTERNATIONAL BUSINESS MACHSwas 0.02%@$296.28819 shares · $243K
SOLDLHXL3HARRIS TECHNOLOGIES INCwas 1.07%@$293.5740674 shares · $11.9M
SOLDTSLATESLA INCwas 0.02%@$449.72504 shares · $227K
SOLDUNHUNITEDHEALTH GROUP INCwas 0.02%@$329.97721 shares · $238K
SOLDZBHZIMMER BIOMET HOLDINGS INCwas 0.24%@$89.9230032 shares · $2.7M