United American Securities Inc. (d/b/a UAS Asset Management) portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
United American Securities Inc. (d/b/a UAS Asset Management) reported a $464M portfolio of 12 companies (13 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are BRK/B, AMZN, GOOGL. During the quarter it opened Eli Lilly and exited Johnson & Johnson.
Sections with a free account
What changed this quarter
11 positions with a change (2 new, 2 added to, 6 trimmed, 1 sold); also, 1 entered through an IPO. 9 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Newly listedSpace Exploration TechnologiesSPCX2.0% of the portfolio
It started trading this quarter: it appears in a 13F for the first time. The filing does not say whether the manager already held it before the listing, so it is not counted as a purchase.
- Microsoft−73%fewer sharesReduced11.1% → 2.9%
- Meta Platforms−69%fewer sharesReduced8.8% → 2.6%
- Taiwan Semiconductor Manufacturing+53%more sharesIncreased6.1% → 13.0%
- NVIDIA+96%more sharesIncreased2.0% → 4.5%
- Eli Lilly+1.1 ppof portfolioNew— → 1.1%
- Alphabet−6.6%fewer sharesReduced12.0% → 13.7%
- Berkshire Hathaway−2.9%fewer sharesReduced32.0% → 32.0%
- Apple−18%fewer sharesReduced4.0% → 3.6%
- Johnson & Johnson−0.7 ppof portfolioSold out0.7% → —
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Berkshire HathawayBRK/B · BRK/A32.2%
- Amazon.comAMZN17.1%
- AlphabetGOOGL13.7%
- Taiwan Semiconductor ManufacturingTSM13.0%
- Costco WholesaleCOST7.2%
- NVIDIANVDA4.5%
- AppleAAPL3.6%
- MicrosoftMSFT2.9%
- Meta PlatformsMETA2.6%
- Space Exploration TechnologiesSPCX2.0%
- Eli LillyLLY1.1%
- AirbnbABNB0.1%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Financials 32%
- ● Information Technology 24%
- ● Consumer Discretionary 17%
- ● Communication Services 16%
- ● Consumer Staples 7%
- ● Industrials 2%
- ● Health Care 1%
How its portfolio changed (8 quarters)
Q2 2026: 13
Q2 2026: 99%
Q2 2026: 13.8%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
13F filings with amendments or confidential positions
- 13F Q3 2024 ↗filed Nov 13, 2024Amendment of Feb 14, 2025 (replaces the original) ↗
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of May 19, 2026 (medium confidence).
The data, as reported: UAS ASSET MANAGEMENT (CRD 21274): 5.D assets by client type: high net worth 53%, pooled vehicles 19%, individuals 9%, corporations 7% (of $493M); 5.F 363 accounts, 2% non-discretionary; 5.D 361 clients, 342 individuals; no financial planning, adviser selection or non-discretionary assets: discretionary accounts
The type comes from a rule applied to that data. If it looks wrong, tell us.
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