David Katz
Portfolio value$1.2B
Positions100
QuarterQ3 2026ended 2026-09-30
Filed10/132026
Matrix Asset Advisors Inc's Q3 2026 13F, filed Oct 13, 2026, reports 100 positions worth $1.2B. The ten largest are 40.0% of the book, led by Microsoft at 7.3%, Ea Series Trust at 4.5% and Apple at 4.1%. Against Q2 2026: 2 bought, 38 added to, 40 reduced, 8 sold; the largest moves were sold Lockheed Martin and added McDonald's (+411%).
Where the money is
MSFTMAVFAAPL90 other
Holdings
| Ticker | Issuer | Weight | Value | Q-end → now | Price vs model | Change |
|---|---|---|---|---|---|---|
| MSFT | Microsoft Corp | 7.3% | $88.7M173,012 sh | 512.90 → +3% | 10% overvalued | added +0% |
| MAVF | Ea Series Trust | 4.5% | $55.0M399,163 sh | 137.74 | — | reduced −0% |
| AAPL | Apple INC | 4.1% | $50.3M150,926 sh | 333.02 → +3% | 114% overvalued | reduced −1% |
| QCOM | Qualcomm INC | 4.0% | $48.0M260,589 sh | 184.04 → −6% | 28% overvalued | added +7% |
| GOOG | Alphabet INC | 3.9% | $46.7M137,196 sh | 340.74 → −1% | 49% overvalued | added +1% |
| JPM | Jpmorgan Chase & CO | 3.5% | $42.7M129,211 sh | 330.83 → +3% | 11% overvalued | reduced −3% |
| MS | Morgan Stanley | 3.2% | $38.6M205,191 sh | 188.08 → −4% | 28% overvalued | reduced −1% |
| PNC | Pnc Finl Svcs Group INC | 3.2% | $38.6M173,623 sh | 222.26 → −2% | 7% undervalued | reduced −8% |
| USB | Us Bancorp | 3.2% | $38.5M666,736 sh | 57.76 → +2% | 10% undervalued | reduced −5% |
| PEP | Pepsico INC | 3.1% | $37.7M297,512 sh | 126.72 → +4% | 3% undervalued | added +11% |
| MDT | Medtronic PLC | 3.0% | $36.8M426,624 sh | 86.29 → +10% | 4% overvalued | reduced −2% |
| AMGN | Amgen INC | 2.9% | $35.4M83,919 sh | 421.51 → +3% | 1% undervalued | reduced −18% |
| AMZN | Amazon Com INC | 2.8% | $34.2M137,391 sh | 249.15 → +0% | 182% overvalued | added +3% |
| TSN | Tyson Foods INC | 2.4% | $29.4M582,286 sh | 50.53 → +9% | 18% overvalued | added +18% |
| META | Meta Platforms INC | 2.3% | $28.0M38,581 sh | 725.17 → −2% | 10% overvalued | added +2% |
| TXN | Texas Instrs INC | 2.2% | $27.1M96,778 sh | 280.09 → −1% | 131% overvalued | reduced −2% |
| AMAT | Applied Matls INC | 2.0% | $24.5M47,847 sh | 511.38 → −20% | 89% overvalued | reduced −0% |
| BNY | Bank Of Ny Mellon Corp | 1.9% | $23.0M159,110 sh | 144.63 → −1% | 57% overvalued | reduced −9% |
| VOO | Vanguard Index Fds | 1.9% | $22.7M32,442 sh | 700.86 | — | added +3% |
| GNRC | Generac Hldgs INC | 1.9% | $22.5M108,756 sh | 206.95 → −7% | 52% overvalued | added +2% |
| CMCSA | Comcast Corp New | 1.8% | $22.1M1.0M sh | 21.76 → +1% | 83% undervalued | added +3% |
| PG | Procter & Gamble CO | 1.8% | $21.8M149,907 sh | 145.28 → +10% | 32% overvalued | added +2% |
| AEP | American Elec Pwr CO INC | 1.8% | $21.3M179,543 sh | 118.64 → +7% | at model | added +16% |
| VEA | Vanguard Tax-managed Fds | 1.7% | $20.5M290,612 sh | 70.61 | — | added +3% |
| SBUX | Starbucks Corp | 1.7% | $20.2M214,901 sh | 93.96 → +4% | 391% overvalued | reduced −2% |
| NEE | Nextera Energy INC | 1.6% | $19.8M261,183 sh | 75.74 → +5% | 18% undervalued | added +10% |
| TEL | Te Connectivity PLC | 1.6% | $19.0M89,907 sh | 211.08 → +1% | 36% overvalued | added +18% |
| GS | Goldman Sachs Group INC | 1.5% | $18.7M20,804 sh | 900.34 → −2% | at model | reduced −6% |
| HD | Home Depot INC | 1.5% | $18.7M65,766 sh | 284.49 → +9% | 34% overvalued | added +2% |
| VYM | Vanguard Whitehall Fds | 1.5% | $17.7M113,875 sh | 155.20 | — | added +3% |
| WFC | Wells Fargo & CO | 1.4% | $17.4M216,761 sh | 80.05 → +5% | 6% undervalued | reduced −1% |
| TMO | Thermo Fisher Scientific INC | 1.3% | $16.2M23,947 sh | 675.06 → +2% | 78% overvalued | reduced −13% |
| LOW | Lowes Cos INC | 1.3% | $15.9M86,232 sh | 184.29 → +7% | 12% undervalued | added +8% |
| MCD | Mcdonalds Corp | 1.2% | $14.6M63,006 sh | 230.94 → +5% | 2% undervalued | added +411% |
| ADP | Automatic Data Processing In | 1.2% | $14.0M54,310 sh | 258.06 → +12% | 65% overvalued | reduced −3% |
| MTB | M & T Bk Corp | 1.1% | $13.9M63,754 sh | 217.60 → −1% | 10% undervalued | reduced −19% |
| PYPL | Paypal Hldgs INC | 1.1% | $13.7M261,642 sh | 52.53 → +8% | 50% undervalued | reduced −0% |
| IWF | Ishares Tr | 1.1% | $13.3M105,814 sh | 125.26 | — | reduced −1% |
| UBER | Uber Technologies INC | 0.9% | $11.2M164,010 sh | 68.51 → +3% | 12% overvalued | bought |
| STZ | Constellation Brands INC | 0.8% | $10.2M90,009 sh | 113.06 → +16% | 5% overvalued | added +21% |
| IJR | Ishares Tr | 0.8% | $9.4M69,038 sh | 136.04 | — | reduced −1% |
| ABBV | Abbvie INC | 0.7% | $8.9M33,896 sh | 261.59 → +9% | at model | reduced −13% |
| VTV | Vanguard Index Fds | 0.6% | $7.8M36,068 sh | 216.08 | — | added +7% |
| TGT | Target Corp | 0.6% | $6.8M43,192 sh | 156.69 → −2% | 21% overvalued | reduced −62% |
| IWR | Ishares Tr | 0.5% | $6.3M59,303 sh | 106.71 | — | added +0% |
| BRK/B | Berkshire Hathaway INC Del | 0.5% | $6.3M12,645 sh | 497.95 → +6% | 21% overvalued | added +9% |
| ABT | Abbott Laboratories | 0.4% | $5.2M52,805 sh | 98.83 → +6% | 3% undervalued | added +12% |
| ACN | Accenture PLC Ireland | 0.3% | $4.0M21,928 sh | 183.37 → +25% | 13% undervalued | added +78% |
| TCHP | T Rowe Price Exchange-traded | 0.3% | $3.9M75,866 sh | 51.41 | — | reduced −0% |
| MDY | State Str Spdr S&p Midcap 40 | 0.3% | $3.8M5,787 sh | 656.82 | — | reduced −2% |
| VO | Vanguard Index Fds | 0.3% | $3.2M41,182 sh | 78.42 | — | added +10% |
| VONG | Vanguard Scottsdale Fds | 0.3% | $3.2M25,043 sh | 128.93 | — | added +114% |
| BAC | Bank Of Amer Corp | 0.2% | $2.9M52,484 sh | 54.43 → −6% | 1% overvalued | reduced −1% |
| VWO | Vanguard Intl Equity Index F | 0.2% | $2.8M47,247 sh | 59.31 | — | added +4% |
| IWM | Ishares Tr | 0.2% | $2.7M9,808 sh | 277.91 | — | reduced −3% |
| IVV | Ishares Tr | 0.2% | $2.6M3,345 sh | 766.04 | — | added +0% |
| VUG | Vanguard Index Fds | 0.1% | $1.7M18,647 sh | 90.11 | — | added +0% |
| EFA | Ishares Tr | 0.1% | $1.5M14,878 sh | 103.89 | — | reduced −0% |
| IWD | Ishares Tr | 0.1% | $1.5M6,191 sh | 247.95 | — | reduced −1% |
| NVDA | Nvidia Corporation | 0.1% | $1.4M5,970 sh | 228.38 → −6% | 3% undervalued | reduced −2% |
| GOOGL | Alphabet INC | 0.1% | $1.3M3,907 sh | 344.12 → −1% | 51% overvalued | held |
| VTI | Vanguard Index Fds | 0.1% | $1.1M3,023 sh | 374.25 | — | reduced −2% |
| QQQ | Invesco Qqq Tr | 0.1% | $1.1M1,493 sh | 740.14 | — | added +0% |
| AXP | American Express CO | 0.1% | $862,4292,836 sh | 304.10 → +3% | 23% overvalued | held |
| SPYX | Spdr Series Trust | 0.1% | $843,44413,499 sh | 62.48 | — | added +1% |
| VIG | Vanguard Specialized Funds | 0.1% | $738,4173,164 sh | 233.38 | — | reduced −1% |
| AFL | Aflac INC | 0.1% | $701,3536,274 sh | 111.79 → +7% | 11% overvalued | added +0% |
| ESGD | Ishares Tr | 0.1% | $677,8636,578 sh | 103.05 | — | added +1% |
| COF | Capital One Finl Corp | 0.1% | $634,2703,285 sh | 193.08 → +4% | 10% overvalued | added +3% |
| XOM | Exxonmobil Holdings Corp | 0.0% | $573,0723,521 sh | 162.76 → +10% | 13% overvalued | bought |
| APH | Amphenol Corp | 0.0% | $555,5176,590 sh | 84.30 → −6% | 66% overvalued | added +8% |
| SDY | Spdr Series Trust | 0.0% | $554,7513,787 sh | 146.49 | — | added +0% |
| CVS | Cvs Health Corp | 0.0% | $529,1366,175 sh | 85.69 → +8% | 420% overvalued | held |
| COST | Costco Wholesale Corporation | 0.0% | $501,409551 sh | 910.00 → +9% | 145% overvalued | held |
| XLK | Select Sector Spdr Tr | 0.0% | $453,3712,316 sh | 195.76 | — | held |
| JNJ | Johnson & Johnson | 0.0% | $429,4081,622 sh | 264.74 → −3% | 36% undervalued | held |
| V | Visa INC | 0.0% | $397,3991,106 sh | 359.31 → +12% | 40% overvalued | reduced −1% |
| IJH | Ishares Tr | 0.0% | $393,7105,472 sh | 71.95 | — | held |
| AVGO | Broadcom INC | 0.0% | $392,6301,118 sh | 351.19 → −6% | 49% undervalued | held |
| SPYG | Spdr Series Trust | 0.0% | $375,0253,047 sh | 123.08 | — | held |
| GLD | Spdr Gold Tr | 0.0% | $374,747984 sh | 380.84 | — | reduced −1% |
| DHR | Danaher Corp Del | 0.0% | $372,4261,681 sh | 221.55 → +3% | 59% overvalued | held |
| IWN | Ishares Tr | 0.0% | $369,6791,765 sh | 209.45 | — | held |
| LLY | Eli Lilly & CO | 0.0% | $352,453305 sh | 1,155.58 → +9% | 22% overvalued | reduced −2% |
| MPC | Marathon Pete Corp | 0.0% | $337,689854 sh | 395.42 → +21% | 8% overvalued | held |
| WMT | Walmart INC | 0.0% | $331,6153,191 sh | 103.92 → +14% | 208% overvalued | held |
| PLTR | Palantir Technologies INC | 0.0% | $329,7691,763 sh | 187.05 → −1% | 289% overvalued | reduced −15% |
| ETN | Eaton Corp PLC | 0.0% | $327,439762 sh | 429.71 → −9% | 73% overvalued | reduced −12% |
| VB | Vanguard Index Fds | 0.0% | $326,9621,149 sh | 284.56 | — | held |
| IEMG | Ishares INC | 0.0% | $323,7053,988 sh | 81.17 | — | held |
| ASTS | Ast Spacemobile INC | 0.0% | $316,6675,380 sh | 58.86 | — | held |
| IWB | Ishares Tr | 0.0% | $249,539599 sh | 416.59 | — | reduced −14% |
| NUE | Nucor Corp | 0.0% | $248,4761,063 sh | 233.75 → +10% | 6% undervalued | reduced −22% |
| RSP | Invesco Exchange Traded Fd T | 0.0% | $239,2231,150 sh | 208.02 | — | held |
| MRK | Merck & CO INC | 0.0% | $235,5481,621 sh | 145.31 → +0% | 24% undervalued | reduced −3% |
| QQQM | Invesco Exch Traded Fd Tr Ii | 0.0% | $232,440763 sh | 304.64 | — | held |
| EMXC | Ishares INC | 0.0% | $227,0912,292 sh | 99.08 | — | held |
| CGEN | Compugen LTD | 0.0% | $223,32393,833 sh | 2.38 | — | held |
| SCHD | Schwab Strategic Tr | 0.0% | $214,0386,579 sh | 32.53 | — | added +1% |
| SKYX | Skyx Platforms Corp | 0.0% | $204,229177,590 sh | 1.15 | — | reduced −17% |
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.