# David Katz — Matrix Asset Advisors

Portfolio USD 1,213,482,000 · 100 positions · 2026 Q3 · history from 2006 Q4.
Source: quarterly 13F filings via dataroma.com. Page: https://gigainvestors.com/MAVFX

## Positions (2026 Q3)

| Ticker | Company | % of portfolio | Value | This quarter | Holders |
|---|---|---:|---:|---|---:|
| MSFT | Microsoft Corp. | 7.3% | USD 88,738,000 | +0.08% |  |
| MAVF | Matrix Advisors Value ETF | 4.5% | USD 54,982,000 | -0.33% |  |
| AAPL | Apple Inc. | 4.1% | USD 50,261,000 | -0.82% |  |
| QCOM | QUALCOMM Inc. | 4.0% | USD 47,959,000 | +6.85% |  |
| GOOG | Alphabet Inc. CL C | 3.9% | USD 46,748,000 | +1.01% |  |
| JPM | JPMorgan Chase & Co. | 3.5% | USD 42,747,000 | -2.77% |  |
| MS | Morgan Stanley | 3.2% | USD 38,592,000 | -1.37% |  |
| PNC | PNC Financial Services | 3.2% | USD 38,589,000 | -8.07% |  |
| USB | U.S. Bancorp | 3.2% | USD 38,511,000 | -4.98% |  |
| PEP | PepsiCo Inc. | 3.1% | USD 37,701,000 | +10.99% |  |
| MDT | Medtronic plc | 3.0% | USD 36,813,000 | -1.63% |  |
| AMGN | Amgen | 2.9% | USD 35,372,000 | -18.38% |  |
| AMZN | Amazon.com Inc. | 2.8% | USD 34,231,000 | +2.67% |  |
| TSN | Tyson Foods | 2.4% | USD 29,423,000 | +17.63% |  |
| META | Meta Platforms Inc. | 2.3% | USD 27,978,000 | +2.43% |  |
| TXN | Texas Instruments | 2.2% | USD 27,107,000 | -1.61% |  |
| AMAT | Applied Materials | 2.0% | USD 24,468,000 | -0.41% |  |
| BNY | Bank of New York Mellon Corp. | 1.9% | USD 23,012,000 | -9% |  |
| VOO | Vanguard S&P 500 ETF | 1.9% | USD 22,737,000 | +2.6% |  |
| GNRC | Generac Holdings Inc. | 1.9% | USD 22,507,000 | +1.6% |  |
| CMCSA | Comcast Corp. | 1.8% | USD 22,136,000 | +2.63% |  |
| PG | Procter & Gamble | 1.8% | USD 21,778,000 | +2.32% |  |
| AEP | American Electric Power | 1.8% | USD 21,301,000 | +16.22% |  |
| VEA | Vanguard FTSE Developed ETF | 1.7% | USD 20,520,000 | +3.47% |  |
| SBUX | Starbucks Corp. | 1.7% | USD 20,192,000 | -2.49% |  |
| NEE | NextEra Energy Inc. | 1.6% | USD 19,782,000 | +9.98% |  |
| TEL | TE Connectivity plc | 1.6% | USD 18,978,000 | +18.39% |  |
| GS | Goldman Sachs Group | 1.5% | USD 18,731,000 | -6.22% |  |
| HD | Home Depot | 1.5% | USD 18,710,000 | +1.89% |  |
| VYM | Vanguard High Dvd Yield ETF | 1.5% | USD 17,674,000 | +2.76% |  |
| WFC | Wells Fargo | 1.4% | USD 17,352,000 | -0.57% |  |
| TMO | Thermo Fisher Scientific | 1.3% | USD 16,166,000 | -13.45% |  |
| LOW | Lowe's Cos. | 1.3% | USD 15,892,000 | +8.22% |  |
| MCD | McDonald's Corp. | 1.2% | USD 14,551,000 | +410.79% |  |
| ADP | Automatic Data Processing Inc. | 1.2% | USD 14,015,000 | -3.02% |  |
| MTB | M&T Bank Corp. | 1.1% | USD 13,873,000 | -19.08% |  |
| PYPL | PayPal Holdings Inc. | 1.1% | USD 13,744,000 | -0.37% |  |
| IWF | iShares Russell 1000 Growth ETF | 1.1% | USD 13,254,000 | -0.65% |  |
| UBER | Uber Technologies Inc. | 0.9% | USD 11,236,000 | new |  |
| STZ | Constellation Brands | 0.8% | USD 10,176,000 | +21.18% |  |
| IJR | Ishares Core S&P Small Cap E | 0.8% | USD 9,392,000 | -0.58% |  |
| ABBV | AbbVie Inc. | 0.7% | USD 8,867,000 | -13.24% |  |
| VTV | Vanguard Value ETF | 0.6% | USD 7,794,000 | +6.7% |  |
| TGT | Target Corp. | 0.6% | USD 6,768,000 | -62.18% |  |
| IWR | Ishares Russell Mid Cap ETF | 0.5% | USD 6,328,000 | +0.36% |  |
| BRK.B | Berkshire Hathaway CL B | 0.5% | USD 6,297,000 | +8.59% |  |
| ABT | Abbott Labs | 0.4% | USD 5,219,000 | +11.73% |  |
| ACN | Accenture | 0.3% | USD 4,021,000 | +78.47% |  |
| TCHP | T Rowe Price Blue Chip Growth ETF | 0.3% | USD 3,900,000 | -0.23% |  |
| MDY | SPDR S&P Midcap 400 ETF Trst | 0.3% | USD 3,801,000 | -2.35% |  |
| VO | Vanguard Mid Cap ETF | 0.3% | USD 3,230,000 | +9.9% |  |
| VONG | Vanguard Russell 1000 Growth | 0.3% | USD 3,229,000 | +114.24% |  |
| BAC | Bank of America Corp. | 0.2% | USD 2,857,000 | -0.94% |  |
| VWO | Vanguard FTSE Emerging Marke | 0.2% | USD 2,802,000 | +3.76% |  |
| IWM | iShares Russell 2000 ETF | 0.2% | USD 2,726,000 | -2.86% |  |
| IVV | Ishares Core S&P 500 ETF | 0.2% | USD 2,562,000 | +0.09% |  |
| VUG | Vanguard Growth ETF | 0.1% | USD 1,680,000 | +0.45% |  |
| EFA | iShares MSCI EAFE ETF | 0.1% | USD 1,546,000 | -0.02% |  |
| IWD | Ishares Russell 1000 Value E | 0.1% | USD 1,535,000 | -1.18% |  |
| NVDA | NVIDIA Corp. | 0.1% | USD 1,363,000 | -1.97% |  |
| GOOGL | Alphabet Inc. | 0.1% | USD 1,344,000 | hold |  |
| VTI | Vanguard Total Stock Mkt ETF | 0.1% | USD 1,131,000 | -1.72% |  |
| QQQ | Invesco Qqq Trust Series 1 | 0.1% | USD 1,105,000 | +0.13% |  |
| AXP | American Express | 0.1% | USD 862,000 | hold |  |
| SPYX | SPDR S&P 500 Fossil Fuel Res | 0.1% | USD 843,000 | +0.85% |  |
| VIG | Vanguard Dividend Apprec ETF | 0.1% | USD 738,000 | -0.5% |  |
| AFL | AFLAC Inc. | 0.1% | USD 701,000 | +0.16% |  |
| ESGD | Ishares Trust Ishares Esg Aw | 0.1% | USD 678,000 | +1.5% |  |
| COF | Capital One Financial | 0.1% | USD 634,000 | +3.37% |  |
| XOM | ExxonMobil Holdings Corp. | 0.1% | USD 573,000 | -6.08% |  |
| APH | Amphenol Corp. | 0.1% | USD 556,000 | +7.82% |  |
| SDY | SPDR S&P Dividend ETF | 0.1% | USD 555,000 | +0.05% |  |
| CVS | CVS Health Corp. | <0.1% | USD 529,000 | hold |  |
| COST | Costco Co. | <0.1% | USD 501,000 | hold |  |
| XLK | Technology Select Sect SPDR | <0.1% | USD 453,000 | hold |  |
| JNJ | Johnson & Johnson | <0.1% | USD 429,000 | hold |  |
| V | Visa Inc. | <0.1% | USD 397,000 | -1.25% |  |
| IJH | Ishares Core S&P Midcap ETF | <0.1% | USD 394,000 | hold |  |
| AVGO | Broadcom Inc. | <0.1% | USD 393,000 | hold |  |
| GLD | SPDR Gold Trust | <0.1% | USD 375,000 | -1.4% |  |
| SPYG | SPDR Portfolio S&P 500 Growt | <0.1% | USD 375,000 | hold |  |
| DHR | Danaher Corp. | <0.1% | USD 372,000 | hold |  |
| IWN | Ishares Russell 2000 Value E | <0.1% | USD 370,000 | hold |  |
| LLY | Eli Lilly & Co. | <0.1% | USD 352,000 | -1.93% |  |
| MPC | Marathon Petroleum Corp. | <0.1% | USD 338,000 | hold |  |
| WMT | Walmart Inc. | <0.1% | USD 332,000 | hold |  |
| PLTR | Palantir Technologies Inc. | <0.1% | USD 330,000 | -14.54% |  |
| ETN | Eaton Corp. | <0.1% | USD 327,000 | -11.6% |  |
| VB | Vanguard Small Cap ETF | <0.1% | USD 327,000 | hold |  |
| IEMG | iShares Core MSCI Emerging Markets ETF | <0.1% | USD 324,000 | hold |  |
| ASTS | AST SpaceMobile Inc. | <0.1% | USD 317,000 | hold |  |
| IWB | Ishares Russell 1000 ETF | <0.1% | USD 250,000 | -14.18% |  |
| NUE | Nucor Corp. | <0.1% | USD 248,000 | -22.3% |  |
| RSP | Invesco S&P 500 Equal Weight | <0.1% | USD 239,000 | hold |  |
| MRK | Merck & Co. | <0.1% | USD 236,000 | -2.99% |  |
| QQQM | Invesco Nasdaq 100 ETF | <0.1% | USD 232,000 | hold |  |
| EMXC | Ishares Msci Emr Mrk Ex Chna | <0.1% | USD 227,000 | hold |  |
| CGEN | Compugen Ltd | <0.1% | USD 223,000 | hold |  |
| SCHD | Schwab Us Dvd Equity ETF | <0.1% | USD 214,000 | +0.7% |  |
| SKYX | Skyx Platforms Corp | <0.1% | USD 204,000 | -17.4% |  |

## Moves this quarter (87)

- MSFT Microsoft Corp.: +0.08% (USD 88,738,000)
- MAVF Matrix Advisors Value ETF: -0.33% (USD 54,982,000)
- AAPL Apple Inc.: -0.82% (USD 50,261,000)
- QCOM QUALCOMM Inc.: +6.85% (USD 47,959,000)
- GOOG Alphabet Inc. CL C: +1.01% (USD 46,748,000)
- JPM JPMorgan Chase & Co.: -2.77% (USD 42,747,000)
- MS Morgan Stanley: -1.37% (USD 38,592,000)
- PNC PNC Financial Services: -8.07% (USD 38,589,000)
- USB U.S. Bancorp: -4.98% (USD 38,511,000)
- PEP PepsiCo Inc.: +10.99% (USD 37,701,000)
- MDT Medtronic plc: -1.63% (USD 36,813,000)
- AMGN Amgen: -18.38% (USD 35,372,000)
- AMZN Amazon.com Inc.: +2.67% (USD 34,231,000)
- TSN Tyson Foods: +17.63% (USD 29,423,000)
- META Meta Platforms Inc.: +2.43% (USD 27,978,000)
- TXN Texas Instruments: -1.61% (USD 27,107,000)
- AMAT Applied Materials: -0.41% (USD 24,468,000)
- BNY Bank of New York Mellon Corp.: -9% (USD 23,012,000)
- VOO Vanguard S&P 500 ETF: +2.6% (USD 22,737,000)
- GNRC Generac Holdings Inc.: +1.6% (USD 22,507,000)
- CMCSA Comcast Corp.: +2.63% (USD 22,136,000)
- PG Procter & Gamble: +2.32% (USD 21,778,000)
- AEP American Electric Power: +16.22% (USD 21,301,000)
- VEA Vanguard FTSE Developed ETF: +3.47% (USD 20,520,000)
- SBUX Starbucks Corp.: -2.49% (USD 20,192,000)
- NEE NextEra Energy Inc.: +9.98% (USD 19,782,000)
- TEL TE Connectivity plc: +18.39% (USD 18,978,000)
- GS Goldman Sachs Group: -6.22% (USD 18,731,000)
- HD Home Depot: +1.89% (USD 18,710,000)
- VYM Vanguard High Dvd Yield ETF: +2.76% (USD 17,674,000)
- WFC Wells Fargo: -0.57% (USD 17,352,000)
- LMT Lockheed Martin Corp.: sold (USD 17,022,000)
- TMO Thermo Fisher Scientific: -13.45% (USD 16,166,000)
- LOW Lowe's Cos.: +8.22% (USD 15,892,000)
- MCD McDonald's Corp.: +410.79% (USD 14,551,000)
- ADP Automatic Data Processing Inc.: -3.02% (USD 14,015,000)
- MTB M&T Bank Corp.: -19.08% (USD 13,873,000)
- PYPL PayPal Holdings Inc.: -0.37% (USD 13,744,000)
- IWF iShares Russell 1000 Growth ETF: -0.65% (USD 13,254,000)
- UBER Uber Technologies Inc.: new (USD 11,236,000)
- STZ Constellation Brands: +21.18% (USD 10,176,000)
- IJR Ishares Core S&P Small Cap E: -0.58% (USD 9,392,000)
- NKE NIKE Inc.: sold (USD 9,177,000)
- ABBV AbbVie Inc.: -13.24% (USD 8,867,000)
- VTV Vanguard Value ETF: +6.7% (USD 7,794,000)
- TGT Target Corp.: -62.18% (USD 6,768,000)
- IWR Ishares Russell Mid Cap ETF: +0.36% (USD 6,328,000)
- BRK.B Berkshire Hathaway CL B: +8.59% (USD 6,297,000)
- ABT Abbott Labs: +11.73% (USD 5,219,000)
- ACN Accenture: +78.47% (USD 4,021,000)
- TCHP T Rowe Price Blue Chip Growth ETF: -0.23% (USD 3,900,000)
- MDY SPDR S&P Midcap 400 ETF Trst: -2.35% (USD 3,801,000)
- VO Vanguard Mid Cap ETF: +9.9% (USD 3,230,000)
- VONG Vanguard Russell 1000 Growth: +114.24% (USD 3,229,000)
- BAC Bank of America Corp.: -0.94% (USD 2,857,000)
- INTU Intuit Inc.: sold (USD 2,811,000)
- VWO Vanguard FTSE Emerging Marke: +3.76% (USD 2,802,000)
- IWM iShares Russell 2000 ETF: -2.86% (USD 2,726,000)
- IVV Ishares Core S&P 500 ETF: +0.09% (USD 2,562,000)
- VUG Vanguard Growth ETF: +0.45% (USD 1,680,000)
- EFA iShares MSCI EAFE ETF: -0.02% (USD 1,546,000)
- IWD Ishares Russell 1000 Value E: -1.18% (USD 1,535,000)
- NVDA NVIDIA Corp.: -1.97% (USD 1,363,000)
- VTI Vanguard Total Stock Mkt ETF: -1.72% (USD 1,131,000)
- QQQ Invesco Qqq Trust Series 1: +0.13% (USD 1,105,000)
- SPYX SPDR S&P 500 Fossil Fuel Res: +0.85% (USD 843,000)
- VIG Vanguard Dividend Apprec ETF: -0.5% (USD 738,000)
- AFL AFLAC Inc.: +0.16% (USD 701,000)
- ESGD Ishares Trust Ishares Esg Aw: +1.5% (USD 678,000)
- COF Capital One Financial: +3.37% (USD 634,000)
- XOM ExxonMobil Holdings Corp.: -6.08% (USD 573,000)
- APH Amphenol Corp.: +7.82% (USD 556,000)
- SDY SPDR S&P Dividend ETF: +0.05% (USD 555,000)
- V Visa Inc.: -1.25% (USD 397,000)
- GLD SPDR Gold Trust: -1.4% (USD 375,000)
- LLY Eli Lilly & Co.: -1.93% (USD 352,000)
- PLTR Palantir Technologies Inc.: -14.54% (USD 330,000)
- ETN Eaton Corp.: -11.6% (USD 327,000)
- IWB Ishares Russell 1000 ETF: -14.18% (USD 250,000)
- NUE Nucor Corp.: -22.3% (USD 248,000)
- MRK Merck & Co.: -2.99% (USD 236,000)
- CL Colgate-Palmolive: sold (USD 218,000)
- AON Aon Plc: sold (USD 215,000)
- SCHD Schwab Us Dvd Equity ETF: +0.7% (USD 214,000)
- IBM International Business Machines: sold (USD 212,000)
- TSLA Tesla Inc.: sold (USD 208,000)
- SKYX Skyx Platforms Corp: -17.4% (USD 204,000)

## Portfolio value by quarter

- 2006 Q4: USD 191,444,119 (10 positions)
- 2007 Q1: USD 184,008,034 (10 positions)
- 2007 Q2: USD 222,982,616 (11 positions)
- 2007 Q3: USD 204,622,366 (9 positions)
- 2007 Q4: USD 160,537,937 (8 positions)
- 2008 Q1: USD 128,014,944 (8 positions)
- 2008 Q2: USD 121,352,682 (10 positions)
- 2008 Q3: USD 104,186,844 (12 positions)
- 2008 Q4: USD 82,262,691 (12 positions)
- 2009 Q1: USD 68,875,583 (12 positions)
- 2009 Q2: USD 80,353,835 (14 positions)
- 2009 Q3: USD 94,081,848 (14 positions)
- 2009 Q4: USD 99,384,790 (14 positions)
- 2010 Q1: USD 100,327,949 (14 positions)
- 2010 Q2: USD 82,484,102 (14 positions)
- 2010 Q3: USD 89,227,563 (15 positions)
- 2010 Q4: USD 99,895,342 (14 positions)
- 2011 Q1: USD 108,141,638 (15 positions)
- 2011 Q2: USD 97,234,751 (14 positions)
- 2011 Q3: USD 74,202,492 (12 positions)
- 2011 Q4: USD 75,916,387 (11 positions)
- 2012 Q1: USD 84,229,040 (13 positions)
- 2012 Q2: USD 75,269,749 (13 positions)
- 2012 Q3: USD 57,886,244 (13 positions)
- 2012 Q4: USD 51,244,147 (13 positions)
- 2013 Q1: USD 56,656,277 (13 positions)
- 2013 Q2: USD 59,953,108 (13 positions)
- 2013 Q3: USD 70,442,117 (16 positions)
- 2013 Q4: USD 76,830,274 (16 positions)
- 2014 Q1: USD 82,270,600 (17 positions)
- 2014 Q2: USD 80,968,191 (18 positions)
- 2014 Q3: USD 74,425,439 (18 positions)
- 2014 Q4: USD 74,783,502 (18 positions)
- 2015 Q1: USD 74,543,931 (18 positions)
- 2015 Q2: USD 73,696,289 (18 positions)
- 2015 Q3: USD 65,775,376 (18 positions)
- 2015 Q4: USD 68,434,798 (19 positions)
- 2016 Q1: USD 56,507,326 (19 positions)
- 2016 Q2: USD 55,070,874 (20 positions)
- 2016 Q3: USD 58,181,783 (20 positions)
- 2016 Q4: USD 58,968,794 (20 positions)
- 2017 Q1: USD 58,251,973 (20 positions)
- 2017 Q2: USD 58,359,358 (20 positions)
- 2017 Q3: USD 59,204,365 (20 positions)
- 2017 Q4: USD 60,798,734 (20 positions)
- 2018 Q1: USD 56,153,716 (21 positions)
- 2018 Q2: USD 55,395,144 (22 positions)
- 2018 Q3: USD 57,866,016 (24 positions)
- 2018 Q4: USD 47,493,398 (22 positions)
- 2019 Q1: USD 52,197,341 (22 positions)
- 2019 Q2: USD 53,334,374 (23 positions)
- 2019 Q3: USD 52,591,946 (23 positions)
- 2019 Q4: USD 56,410,212 (23 positions)
- 2020 Q1: USD 439,097,744 (43 positions)
- 2020 Q2: USD 521,606,638 (50 positions)
- 2020 Q3: USD 514,118,287 (52 positions)
- 2020 Q4: USD 592,494,647 (57 positions)
- 2021 Q1: USD 670,152,213 (61 positions)
- 2021 Q2: USD 695,958,582 (65 positions)
- 2021 Q3: USD 709,841,468 (66 positions)
- 2021 Q4: USD 768,868,508 (70 positions)
- 2022 Q1: USD 743,655,672 (76 positions)
- 2022 Q2: USD 651,114,729 (75 positions)
- 2022 Q3: USD 610,306,336 (73 positions)
- 2022 Q4: USD 667,107,590 (80 positions)
- 2023 Q1: USD 691,255,970 (88 positions)
- 2023 Q2: USD 725,559,358 (93 positions)
- 2023 Q3: USD 701,371,766 (93 positions)
- 2023 Q4: USD 785,576,911 (99 positions)
- 2024 Q1: USD 836,402,558 (100 positions)
- 2024 Q2: USD 837,294,536 (101 positions)
- 2024 Q3: USD 899,139,664 (102 positions)
- 2024 Q4: USD 915,473,445 (110 positions)
- 2025 Q1: USD 906,124,687 (105 positions)
- 2025 Q2: USD 988,327,895 (108 positions)
- 2025 Q3: USD 1,078,542,149 (107 positions)
- 2025 Q4: USD 1,112,958,879 (107 positions)
- 2026 Q1: USD 1,090,316,041 (105 positions)
- 2026 Q2: USD 1,229,904,652 (106 positions)
- 2026 Q3: USD 1,213,482,000 (100 positions)