Park State Asset Management
BEVERLY, MA
$102m in 25 US stocks at the end of 30 June 2026. The top 10 are 80.0% of the money. It changed about 9.8% of the portfolio this quarter.
Value
$102m
Stocks
25
Top 10 share
80.0%
Turnover
9.8%
What changed this quarter
New
Bought for the first time this quarter.
- Ishares TRIXUS0.3% of the fund
- Vanguard Index FDSVTV0.3% of the fund
- Invesco Exch Traded FD TR IIPZA0.3% of the fund
- American Centy ETF TRAVUV0.2% of the fund
- Invesco QQQ TRQQQ0.2% of the fund
Added
Bought more of a stock they already held.
- MastercardMA2.7% of the fund+28%
Cut
Sold some of their stake.
- AlphabetGOOG16.3% of the fund-36%
- Amazon.comAMZN12.6% of the fund-27%
- AppleAAPL11.0% of the fund-27%
- VisaV10.0% of the fund-18%
- TJX CompaniesTJX6.7% of the fund-40%
- QualysQLYS5.8% of the fund-26%
- FerrariRACE4.9% of the fund-26%
- Moody'sMCO4.6% of the fund-26%
- Costco WholesaleCOST4.6% of the fund-27%
- Align TechnologyALGN3.5% of the fund-36%
- TrexTREX3.4% of the fund-27%
- CopartCPRT3.3% of the fund-30%
- Dominos PizzaDPZ2.7% of the fund-25%
- DanaherDHR2.1% of the fund-36%
- AdobeADBE1.2% of the fund-78%
- American TowerAMT0.5% of the fund-12%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Ishares TRIXUS
- Share
- 0.3%
- Value
- $330,656
- Shares
- 3,465
New
- Vanguard Index FDSVTV
- Share
- 0.3%
- Value
- $303,576
- Shares
- 1,393
New
- Invesco Exch Traded FD TR IIPZA
- Share
- 0.3%
- Value
- $262,460
- Shares
- 11,159
New
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.3%
- Value
- $259,876
- Shares
- 348
Held
- American Centy ETF TRAVUV
- Share
- 0.2%
- Value
- $211,718
- Shares
- 1,697
New
- Invesco QQQ TRQQQ
- Share
- 0.2%
- Value
- $201,849
- Shares
- 274
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AlphabetGOOG | 16.3% | $17m | 47,279 | -36% |
| Amazon.comAMZN | 12.6% | $13m | 54,372 | -27% |
| AppleAAPL | 11.0% | $11m | 38,910 | -27% |
| VisaV | 10.0% | $10m | 29,902 | -18% |
| TJX CompaniesTJX | 6.7% | $7m | 45,040 | -40% |
| QualysQLYS | 5.8% | $6m | 43,215 | -26% |
| FerrariRACE | 4.9% | $5m | 13,426 | -26% |
| Moody'sMCO | 4.6% | $5m | 10,404 | -26% |
| Costco WholesaleCOST | 4.6% | $5m | 5,000 | -27% |
| Align TechnologyALGN | 3.5% | $4m | 21,424 | -36% |
| TrexTREX | 3.4% | $4m | 70,001 | -27% |
| CopartCPRT | 3.3% | $3m | 120,925 | -30% |
| MastercardMA | 2.7% | $3m | 5,444 | +28% |
| Dominos PizzaDPZ | 2.7% | $3m | 9,297 | -25% |
| DanaherDHR | 2.1% | $2m | 11,089 | -36% |
| AlphabetGOOGL | 1.4% | $1m | 3,905 | Held |
| AdobeADBE | 1.2% | $1m | 6,034 | -78% |
| Automatic Data ProcessingADP | 1.1% | $1m | 5,207 | Held |
| American TowerAMT | 0.5% | $556,138 | 3,400 | -12% |
| Ishares TRIXUS | 0.3% | $330,656 | 3,465 | New |
| Vanguard Index FDSVTV | 0.3% | $303,576 | 1,393 | New |
| Invesco Exch Traded FD TR IIPZA | 0.3% | $262,460 | 11,159 | New |
| State STR Spdr S&P 500 ETF TSPY | 0.3% | $259,876 | 348 | Held |
| American Centy ETF TRAVUV | 0.2% | $211,718 | 1,697 | New |
| Invesco QQQ TRQQQ | 0.2% | $201,849 | 274 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 34.3% since 30 June 2025.
Where the money is
Retail & consumer26.9%
Technology18.0%
Media & telecom17.7%
Financial services17.3%
Industrials7.9%
Health care5.6%
Everyday goods4.6%
Real estate0.5%
Other1.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.