Portfolio holdings of David Katz - Matrix Asset Advisors. David Katz - Matrix Asset Advisors stock picks:. Stock Holdings page.
David Katz - Matrix Asset Advisors
i
Our Investment Process
Matrix employs Benjamin Graham’s value investment precepts as the predominant guide in our investment process. Our primary objective is to identify a diversified group of financially strong companies, each of whose stock we feel is traded at a substantial discount to its intrinsic value; i.e., the price an astute entrepreneur would pay to acquire a business outright.
We call ourselves “Opportunistic Value Investors” because we are willing to scan the entire economic spectrum for potential investment candidates. Unlike some of our peers, we believe that value can be found in all sectors and industries. We therefore do not a priori rule out any sector; conversely we do not feel the need to have a presence in any particular sector.
The core effort in our research process is to determine a realistic intrinsic value for a company’s stock and then, if fundamentally attractive, to purchase the stock at a substantial discount to this intrinsic value.
Our focus is on large capitalization stocks, and our expectation is that we will typically hold them for one to three years.
Matrix employs Benjamin Graham’s value investment precepts as the predominant guide in our investment process. Our primary objective is to identify a diversified group of financially strong companies, each of whose stock we feel is traded at a substantial discount to its intrinsic value; i.e., the price an astute entrepreneur would pay to acquire a business outright.
We call ourselves “Opportunistic Value Investors” because we are willing to scan the entire economic spectrum for potential investment candidates. Unlike some of our peers, we believe that value can be found in all sectors and industries. We therefore do not a priori rule out any sector; conversely we do not feel the need to have a presence in any particular sector.
The core effort in our research process is to determine a realistic intrinsic value for a company’s stock and then, if fundamentally attractive, to purchase the stock at a substantial discount to this intrinsic value.
Our focus is on large capitalization stocks, and our expectation is that we will typically hold them for one to three years.
Period: Q1 2026
Portfolio date: 31 Mar 2026
No. of stocks: 105
Portfolio value: $1,090,208,000
| History | Stock | % of Portfolio |
RecentActivity | Shares | ReportedPrice* | Value | Current Price |
+/-Reported Price |
52Week Low |
52Week High |
|
| ≡ | MSFT - Microsoft Corp. | 5.82 | Add 20.07% | 171,359 | $370.17 | $63,432,000 | $432.92 | 16.95% | $356.28 | $552.24 | |
| ≡ | MAVF - Matrix Advisors Value ETF | 4.43 | Reduce 1.10% | 410,346 | $117.75 | $48,320,000 | $129.46 | 9.94% | $91.50 | $129.57 | |
| ≡ | GOOG - Alphabet Inc. CL C | 3.79 | Reduce 8.72% | 143,865 | $286.86 | $41,269,000 | $337.73 | 17.73% | $148.98 | $349.90 | |
| ≡ | PNC - PNC Financial Services | 3.65 | Add 0.17% | 191,401 | $208.09 | $39,829,000 | $225.06 | 8.16% | $151.07 | $242.08 | |
| ≡ | JPM - JPMorgan Chase & Co. | 3.63 | Reduce 1.18% | 134,535 | $294.16 | $39,575,000 | $313.02 | 6.41% | $233.05 | $334.16 | |
| ≡ | MS - Morgan Stanley | 3.59 | Reduce 8.62% | 238,060 | $164.57 | $39,177,000 | $191.05 | 16.09% | $108.33 | $194.59 | |
| ≡ | AAPL - Apple Inc. | 3.57 | Add 4.41% | 153,271 | $253.79 | $38,899,000 | $273.17 | 7.64% | $192.41 | $288.35 | |
| ≡ | PEP - PepsiCo Inc. | 3.44 | Add 17.89% | 241,281 | $155.29 | $37,469,000 | $153.79 | -0.97% | $122.83 | $169.96 | |
| ≡ | QCOM - QUALCOMM Inc. | 3.39 | Add 32.03% | 287,239 | $128.78 | $36,991,000 | $136.07 | 5.66% | $121.99 | $203.60 | |
| ≡ | USB - U.S. Bancorp | 3.38 | Reduce 0.01% | 709,170 | $52.01 | $36,884,000 | $56.60 | 8.83% | $37.66 | $60.56 | |
| ≡ | AMGN - Amgen | 3.22 | Reduce 3.61% | 99,810 | $351.85 | $35,118,000 | $345.92 | -1.69% | $253.48 | $391.29 | |
| ≡ | MDT - Medtronic plc | 2.99 | Add 1.67% | 375,696 | $86.65 | $32,554,000 | $83.22 | -3.96% | $77.47 | $104.70 | |
| ≡ | BK - Bank of New York Mellon Corp. | 2.66 | Reduce 6.47% | 244,520 | $118.63 | $29,007,000 | $135.88 | 14.54% | $76.35 | $139.15 | |
| ≡ | AMZN - Amazon.com Inc. | 2.59 | Add 8.10% | 135,469 | $208.27 | $28,214,000 | $255.36 | 22.61% | $178.85 | $258.60 | |
| ≡ | TXN - Texas Instruments | 2.46 | Add 3.27% | 138,263 | $194.14 | $26,842,000 | $236.31 | 21.72% | $146.64 | $238.80 | |
| ≡ | CMCSA - Comcast Corp. | 2.38 | Add 50.59% | 903,971 | $28.71 | $25,953,000 | $29.37 | 2.30% | $23.62 | $33.03 | |
| ≡ | NEE - NextEra Energy Inc. | 2.26 | Reduce 1.17% | 264,712 | $92.88 | $24,586,000 | $90.00 | -3.10% | $62.04 | $96.21 | |
| ≡ | TSN - Tyson Foods | 2.20 | Add 0.85% | 375,168 | $64.07 | $24,037,000 | $64.55 | 0.75% | $49.71 | $65.88 | |
| ≡ | GNRC - Generac Holdings Inc. | 2.02 | Reduce 0.11% | 112,868 | $195.33 | $22,047,000 | $213.69 | 9.40% | $109.20 | $241.09 | |
| ≡ | GS - Goldman Sachs Group | 1.97 | Reduce 9.41% | 25,361 | $845.98 | $21,455,000 | $934.84 | 10.50% | $512.80 | $979.54 | |
| ≡ | AMAT - Applied Materials | 1.84 | Reduce 18.48% | 58,533 | $341.79 | $20,006,000 | $403.48 | 18.05% | $141.47 | $407.29 | |
| ≡ | LMT - Lockheed Martin Corp. | 1.83 | Reduce 0.07% | 33,055 | $604.39 | $19,978,000 | $555.43 | -8.10% | $401.95 | $692.00 | |
| ≡ | SBUX - Starbucks Corp. | 1.83 | Reduce 1.60% | 222,580 | $89.59 | $19,941,000 | $99.52 | 11.08% | $73.47 | $104.15 | |
| ≡ | AEP - American Electric Power | 1.79 | Reduce 19.70% | 148,772 | $131.08 | $19,501,000 | $131.62 | 0.41% | $95.15 | $137.74 | |
| ≡ | META - Meta Platforms Inc. | 1.73 | Add 2.34% | 32,939 | $572.12 | $18,845,000 | $674.72 | 17.93% | $514.91 | $794.38 | |
| ≡ | VOO - Vanguard S&P 500 ETF | 1.67 | Add 8.05% | 30,455 | $597.54 | $18,198,000 | $653.90 | 9.43% | $484.89 | $654.88 | |
| ≡ | TGT - Target Corp. | 1.60 | Add 0.14% | 143,783 | $121.20 | $17,426,000 | $130.60 | 7.76% | $82.60 | $133.10 | |
| ≡ | WFC - Wells Fargo | 1.58 | Reduce 0.13% | 216,482 | $79.61 | $17,234,000 | $80.58 | 1.22% | $66.00 | $97.28 | |
| ≡ | HD - Home Depot | 1.56 | Add 2.29% | 51,622 | $328.89 | $16,978,000 | $339.50 | 3.23% | $315.31 | $421.19 | |
| ≡ | VEA - Vanguard FTSE Developed ETF | 1.53 | Add 11.09% | 260,896 | $64.08 | $16,718,000 | $68.35 | 6.66% | $49.93 | $70.43 | |
| ≡ | MTB - M&T Bank Corp. | 1.49 | Reduce 8.75% | 78,775 | $206.72 | $16,284,000 | $217.57 | 5.25% | $159.32 | $237.35 | |
| ≡ | FDX - FedEx Corp. | 1.44 | Reduce 19.94% | 44,099 | $356.18 | $15,707,000 | $385.95 | 8.36% | $199.89 | $399.67 | |
| ≡ | LOW - Lowe's Cos. | 1.41 | Add 0.05% | 65,069 | $236.27 | $15,374,000 | $245.19 | 3.78% | $206.27 | $291.66 | |
| ≡ | VYM - Vanguard High Dvd Yield ETF | 1.41 | Add 5.57% | 104,118 | $148.10 | $15,420,000 | $154.82 | 4.54% | $118.35 | $156.37 | |
| ≡ | PYPL - PayPal Holdings Inc. | 1.11 | Reduce 0.26% | 267,229 | $45.23 | $12,087,000 | $51.22 | 13.24% | $38.34 | $79.08 | |
| ≡ | IWF - iShares Russell 1000 Growth ETF | 1.05 | Add 10.62% | 26,756 | $426.41 | $11,409,000 | $478.87 | 12.30% | $346.87 | $492.07 | |
| ≡ | TMO - Thermo Fisher Scientific | 1.02 | Add 5.65% | 22,547 | $491.55 | $11,083,000 | $513.98 | 4.56% | $384.44 | $643.35 | |
| ≡ | ABBV - AbbVie Inc. | 0.78 | Add 2.32% | 39,175 | $217.49 | $8,520,000 | $200.50 | -7.81% | $168.90 | $239.13 | |
| ≡ | IJR - Ishares Core S&P Small Cap E | 0.77 | Add 8.10% | 67,969 | $124.31 | $8,449,000 | $135.62 | 9.10% | $96.29 | $137.29 | |
| ≡ | PG - Procter & Gamble | 0.67 | Add 2220.46% | 50,911 | $144.45 | $7,354,000 | $142.85 | -1.11% | $136.65 | $167.46 | |
| ≡ | NKE - NIKE Inc. | 0.64 | Buy | 132,752 | $52.82 | $7,012,000 | $45.68 | -13.52% | $42.09 | $78.72 | |
| ≡ | STZ - Constellation Brands | 0.64 | Add 1.91% | 46,280 | $150.00 | $6,942,000 | $156.88 | 4.59% | $125.63 | $192.99 | |
| ≡ | TEL - TE Connectivity plc | 0.63 | Reduce 29.84% | 32,664 | $209.01 | $6,827,000 | $221.04 | 5.76% | $133.62 | $252.56 | |
| ≡ | ACN - Accenture | 0.60 | Add 67.73% | 33,007 | $198.29 | $6,545,000 | $190.10 | -4.13% | $177.50 | $317.43 | |
| ≡ | IWR - Ishares Russell Mid Cap ETF | 0.53 | Add 1.09% | 59,571 | $97.23 | $5,792,000 | $103.87 | 6.83% | $80.43 | $105.41 | |
| ≡ | VTV - Vanguard Value ETF | 0.53 | Add 12.12% | 29,464 | $196.21 | $5,781,000 | $202.87 | 3.39% | $159.09 | $207.06 | |
| ≡ | BRK.B - Berkshire Hathaway CL B | 0.51 | 11,595 | $479.17 | $5,556,000 | $465.40 | -2.87% | $455.19 | $542.07 | ||
| ≡ | MDY - SPDR S&P Midcap 400 ETF Trst | 0.34 | Reduce 2.24% | 5,979 | $616.83 | $3,688,000 | $663.09 | 7.50% | $501.23 | $675.77 | |
| ≡ | TCHP - T Rowe Price Blue Chip Growth ETF | 0.31 | Add 2.04% | 76,249 | $44.18 | $3,369,000 | $50.17 | 13.56% | $36.90 | $51.77 | |
| ≡ | ADP - Automatic Data Processing Inc. | 0.25 | Buy | 13,591 | $203.15 | $2,761,000 | $201.69 | -0.72% | $188.16 | $321.84 | |
| ≡ | BAC - Bank of America Corp. | 0.25 | Reduce 4.08% | 55,081 | $48.75 | $2,685,000 | $53.12 | 8.96% | $37.75 | $57.23 | |
| ≡ | IWM - iShares Russell 2000 ETF | 0.23 | Reduce 0.44% | 10,281 | $248.03 | $2,550,000 | $276.48 | 11.47% | $187.82 | $279.79 | |
| ≡ | VWO - Vanguard FTSE Emerging Marke | 0.22 | Add 5.97% | 45,178 | $54.05 | $2,442,000 | $58.76 | 8.71% | $43.21 | $59.62 | |
| ≡ | IVV - Ishares Core S&P 500 ETF | 0.20 | Add 0.34% | 3,289 | $653.09 | $2,148,000 | $714.56 | 9.41% | $529.80 | $715.66 | |
| ≡ | VO - Vanguard Mid Cap ETF | 0.20 | Add 51.80% | 30,736 | $71.81 | $2,207,000 | $76.60 | 6.67% | $61.20 | $77.64 | |
| ≡ | INTU - Intuit Inc. | 0.15 | Add 720.67% | 3,693 | $432.44 | $1,597,000 | $408.68 | -5.49% | $342.11 | $808.22 | |
| ≡ | EFA - iShares MSCI EAFE ETF | 0.13 | Add 0.01% | 14,855 | $97.14 | $1,443,000 | $101.97 | 4.97% | $79.58 | $105.94 | |
| ≡ | NVDA - NVIDIA Corp. | 0.13 | Reduce 2.48% | 7,855 | $174.41 | $1,370,000 | $202.50 | 16.11% | $102.00 | $212.17 | |
| ≡ | VUG - Vanguard Growth ETF | 0.13 | Add 4.64% | 19,746 | $72.77 | $1,437,000 | $83.02 | 14.09% | $59.57 | $84.05 | |
| ≡ | IWD - Ishares Russell 1000 Value E | 0.12 | Add 0.02% | 6,306 | $213.61 | $1,347,000 | $226.55 | 6.06% | $174.79 | $228.46 | |
| ≡ | GOOGL - Alphabet Inc. | 0.10 | Reduce 0.51% | 3,922 | $287.61 | $1,128,000 | $339.32 | 17.98% | $147.33 | $348.75 | |
| ≡ | VTI - Vanguard Total Stock Mkt ETF | 0.09 | 3,134 | $320.68 | $1,005,000 | $351.22 | 9.52% | $259.50 | $351.75 | ||
| ≡ | AXP - American Express | 0.08 | Reduce 2.28% | 2,996 | $302.40 | $906,000 | $332.90 | 10.09% | $254.54 | $385.41 | |
| ≡ | QQQ - Invesco Qqq Trust Series 1 | 0.08 | Add 0.90% | 1,464 | $577.19 | $845,000 | $655.11 | 13.50% | $450.70 | $655.33 | |
| ≡ | AFL - AFLAC Inc. | 0.06 | Add 0.16% | 6,253 | $109.71 | $686,000 | $114.75 | 4.59% | $95.42 | $118.69 | |
| ≡ | SPYX - SPDR S&P 500 Fossil Fuel Res | 0.06 | Reduce 3.99% | 12,504 | $53.02 | $663,000 | $58.23 | 9.83% | $43.40 | $58.42 | |
| ≡ | VIG - Vanguard Dividend Apprec ETF | 0.06 | Reduce 7.58% | 3,267 | $215.18 | $703,000 | $227.08 | 5.53% | $181.99 | $229.63 | |
| ≡ | VONG - Vanguard Russell 1000 Growth | 0.06 | Buy | 6,100 | $109.67 | $669,000 | $123.21 | 12.35% | $89.17 | $126.53 | |
| ≡ | XOM - Exxon Mobil Corp. | 0.06 | Reduce 19.79% | 3,842 | $169.70 | $652,000 | $149.50 | -11.90% | $98.72 | $176.41 | |
| ≡ | COF - Capital One Financial | 0.05 | 3,178 | $182.50 | $580,000 | $199.43 | 9.28% | $172.37 | $258.65 | ||
| ≡ | COST - Costco Co. | 0.05 | Reduce 0.71% | 559 | $996.42 | $557,000 | $1003.70 | 0.73% | $842.91 | $1062.65 | |
| ≡ | ESGD - Ishares Trust Ishares Esg Aw | 0.05 | Reduce 1.24% | 5,961 | $95.62 | $570,000 | $100.78 | 5.40% | $79.53 | $104.81 | |
| ≡ | SDY - SPDR S&P Dividend ETF | 0.05 | Add 0.05% | 3,782 | $145.95 | $552,000 | $147.20 | 0.86% | $125.49 | $155.44 | |
| ≡ | APH - Amphenol Corp. | 0.04 | 3,056 | $126.31 | $386,000 | $148.13 | 17.27% | $70.33 | $166.71 | ||
| ≡ | ASTS - AST SpaceMobile Inc. | 0.04 | Reduce 8.81% | 5,380 | $82.90 | $446,000 | $84.66 | 2.12% | $22.07 | $129.89 | |
| ≡ | CVS - CVS Health Corp. | 0.04 | 6,175 | $71.74 | $443,000 | $76.43 | 6.54% | $56.79 | $84.46 | ||
| ≡ | GLD - SPDR Gold Trust | 0.04 | Reduce 8.47% | 984 | $429.88 | $423,000 | $435.26 | 1.25% | $291.78 | $509.70 | |
| ≡ | JNJ - Johnson & Johnson | 0.04 | Reduce 47.78% | 1,622 | $244.14 | $396,000 | $226.10 | -7.39% | $142.15 | $251.71 | |
| ≡ | WMT - Walmart Inc. | 0.04 | Reduce 14.13% | 3,191 | $124.41 | $397,000 | $129.98 | 4.48% | $91.30 | $134.41 | |
| ≡ | AVGO - Broadcom Inc. | 0.03 | 1,099 | $309.37 | $340,000 | $422.65 | 36.62% | $174.41 | $423.20 | ||
| ≡ | DHR - Danaher Corp. | 0.03 | Reduce 0.59% | 1,693 | $189.60 | $321,000 | $184.04 | -2.93% | $178.96 | $242.28 | |
| ≡ | ETN - Eaton Corp. | 0.03 | 862 | $357.31 | $308,000 | $413.87 | 15.83% | $271.60 | $419.47 | ||
| ≡ | IEMG - iShares Core MSCI Emerging Markets ETF | 0.03 | Add 8.47% | 4,162 | $69.68 | $290,000 | $77.90 | 11.80% | $51.68 | $78.81 | |
| ≡ | IJH - Ishares Core S&P Midcap ETF | 0.03 | Add 0.41% | 5,125 | $67.51 | $346,000 | $72.64 | 7.60% | $54.70 | $74.03 | |
| ≡ | IWN - Ishares Russell 2000 Value E | 0.03 | 1,765 | $189.80 | $335,000 | $206.23 | 8.66% | $139.47 | $208.80 | ||
| ≡ | LLY - Eli Lilly & Co. | 0.03 | Reduce 4.31% | 311 | $919.61 | $286,000 | $921.48 | 0.20% | $620.46 | $1132.06 | |
| ≡ | MCD - McDonald's Corp. | 0.03 | Add 0.37% | 1,094 | $310.79 | $340,000 | $300.07 | -3.45% | $278.63 | $339.85 | |
| ≡ | NUE - Nucor Corp. | 0.03 | Reduce 24.31% | 1,868 | $169.16 | $316,000 | $214.26 | 26.66% | $104.62 | $216.26 | |
| ≡ | PLTR - Palantir Technologies Inc. | 0.03 | 2,313 | $146.13 | $338,000 | $152.62 | 4.44% | $97.83 | $207.52 | ||
| ≡ | SPYG - SPDR Portfolio S&P 500 Growt | 0.03 | Add 1.63% | 3,047 | $97.80 | $298,000 | $111.77 | 14.28% | $77.53 | $111.79 | |
| ≡ | V - Visa Inc. | 0.03 | 1,149 | $302.00 | $347,000 | $311.29 | 3.08% | $293.89 | $373.34 | ||
| ≡ | VB - Vanguard Small Cap ETF | 0.03 | Add 0.09% | 1,149 | $261.97 | $301,000 | $284.28 | 8.52% | $207.00 | $288.80 | |
| ≡ | XLK - Technology Select Sect SPDR | 0.03 | 2,316 | $132.99 | $308,000 | $158.09 | 18.87% | $98.06 | $158.16 | ||
| ≡ | AON - Aon Plc | 0.02 | 648 | $322.53 | $209,000 | $326.86 | 1.34% | $304.59 | $378.56 | ||
| ≡ | CGEN - Compugen Ltd | 0.02 | 93,833 | $2.13 | $200,000 | $2.83 | 32.86% | $1.23 | $2.94 | ||
| ≡ | CL - Colgate-Palmolive | 0.02 | Buy | 2,383 | $85.19 | $203,000 | $82.35 | -3.33% | $73.63 | $98.72 | |
| ≡ | IWB - Ishares Russell 1000 ETF | 0.02 | Add 0.14% | 698 | $356.73 | $249,000 | $389.66 | 9.23% | $290.09 | $390.30 | |
| ≡ | MPC - Marathon Petroleum Corp. | 0.02 | Buy | 854 | $244.73 | $209,000 | $222.07 | -9.26% | $129.23 | $255.77 | |
| ≡ | MRK - Merck & Co. | 0.02 | Reduce 41.61% | 1,671 | $120.29 | $201,000 | $112.89 | -6.15% | $70.74 | $124.22 | |
| ≡ | QQQM - Invesco Nasdaq 100 ETF | 0.02 | 1,054 | $237.19 | $250,000 | $269.63 | 13.68% | $185.47 | $269.81 | ||
| ≡ | SCHD - Schwab Us Dvd Equity ETF | 0.02 | Buy | 6,521 | $30.67 | $200,000 | $31.01 | 1.11% | $24.34 | $31.68 | |
| ≡ | SKYX - Skyx Platforms Corp | 0.02 | 201,666 | $1.12 | $226,000 | $1.10 | -1.79% | $0.96 | $3.29 | ||
| ≡ | DCGO - Docgo Inc | 0.01 | 100,000 | $0.63 | $63,000 | $0.74 | 17.46% | $0.49 | $2.45 | ||
| ≡ | MRKR - Marker Therapeutics Inc. | 0.00 | 15,000 | $1.33 | $20,000 | $1.54 | 15.79% | $0.81 | $4.07 | ||
| ≡ | SCWO - 374water Inc | 0.00 | 10,000 | $2.80 | $28,000 | $3.05 | 8.93% | $1.63 | $10.90 |
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
Sector % analysis
| Financials | 24.07 | |
| Information Technology | 14.08 | |
| Consumer Discretionary | 12.04 | |
| 11.26 | ||
| Technology | 9.88 | |
| Health Care | 8.13 | |
| Consumer Staples | 7.10 | |
| Utilities | 4.05 | |
| Industrials | 3.35 | |
| NA | 3.27 | |
| Industrial Goods | 2.02 | |
| Services | 0.63 | |
| Energy | 0.08 | |
| Materials | 0.03 |
Articles & Commentaries
30 Dec 2025 David Katz, CIO at Matrix Asset Advisors, discusses the markets and where to look for value
07 May 2025 Matrix’s David Katz shares his stock pick
22 Apr 2025 Matrix Asset's David Katz discusses the markets
24 Sep 2024 Matrix’s David Katz shares his stock picks
01 Aug 2024 Matrix Asset Advisors Q2 2024 Commentary
20 May 2024 Matrix Asset Advisors Q1 2024 Commentary
20 Nov 2023 Matrix Asset Advisors Q3 2023 Commentary
10 Nov 2023 Mattix's David Katz discusses his stock picks
04 Aug 2023 Matrix Asset Advisors Q2 2023 Commentary
09 Jun 2023 Matrix Asset Advisors’ David Katz on the markets
04 May 2023 Matrix Asset Advisors Q1 2023 Commentary
16 Feb 2023 Matrix Asset Advisors Q4 2022 Commentary
23 Dec 2022 Matrix Asset's Katz on large tech stocks
18 Nov 2022 Matrix Asset Advisors Q3 2022 Commentary