AMERICAN ASSETS INC

Portfolio Overview

AMERICAN ASSETS INC disclosed 30 positions worth $298.5M in its Form 13F-HR for Q1 2026, led by $AAT (American Assets Trust, Inc.) at 45.5% of the equity portfolio, followed by $WFC and $XOM. During the quarter the fund opened 9 new positions and exited 3 — including a new stake in $ALK and a full exit from $ALGN. The portfolio is most concentrated in Real Estate (46.4% of disclosed assets). All figures are sourced directly from AMERICAN ASSETS INC’s Form 13F-HR filing with the SEC under CIK 885118.

• 

  American Assets Trust, Inc.

  $AAT

  54.1#1,239

  Quality

  $135.8M7,374,599 sh
• 

  WELLS FARGO & COMPANY/MN

  $WFC

  —

  Quality

  $127.4M1,600,626 sh
• 

  EXXON MOBIL CORP

  $XOM

  61.8#782

  Quality

  $5.9M35,000 sh
• 

  BANK OF AMERICA CORP /DE/

  $BAC

  68.4

  Quality

  $4.3M87,500 sh
• 

  CAPITAL ONE FINANCIAL CORP

  $COF

  71.0

  Quality

  $2.6M30,000 sh
• 

  ARS Pharmaceuticals, Inc.

  $SPRY

  29.7

  Quality

  $1.7M7,000 sh
• 

  ALASKA AIR GROUP, INC.

  $ALK

  56.3

  Quality

  $1.4M130,000 sh
• 

  TORONTO DOMINION BANK

  $TD

  —

  Quality

  $1.4M15,000 sh
• 

  Spotify Technology S.A.

  $SPOT

  —

  Quality

  $1.3M17,000 sh
• 

  WEYERHAEUSER CO

  $WY

  52.9

  Quality

  $1.2M13,000 sh

Company	Quality	Value	Shares
American Assets Trust, Inc.$AAT	54.1#1,239	$135.8M	7,374,599
WELLS FARGO & COMPANY/MN$WFC	—	$127.4M	1,600,626
EXXON MOBIL CORP$XOM	61.8#782	$5.9M	35,000
BANK OF AMERICA CORP /DE/$BAC	68.4	$4.3M	87,500
CAPITAL ONE FINANCIAL CORP$COF	71.0	$2.6M	30,000
ARS Pharmaceuticals, Inc.$SPRY	29.7	$1.7M	7,000
ALASKA AIR GROUP, INC.$ALK	56.3	$1.4M	130,000
TORONTO DOMINION BANK$TD	—	$1.4M	15,000
Spotify Technology S.A.$SPOT	—	$1.3M	17,000
WEYERHAEUSER CO$WY	52.9	$1.2M	13,000

Showing top 10 of 30 holdings.

Full Holdings — AMERICAN ASSETS INC (Q1 2026)

All 30 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$AAT	American Assets Trust, Inc.	$135.8M	45.5%	+0%	54.1
2	$WFC	WELLS FARGO & COMPANY/MN	$127.4M	42.7%	+0%	—
3	$XOM	EXXON MOBIL CORP	$5.9M	2.0%	+0%	61.8
4	$BAC	BANK OF AMERICA CORP /DE/	$4.3M	1.4%	+0%	68.4
5	$COF	CAPITAL ONE FINANCIAL CORP	$2.6M	0.9%	+200%	71
6	$SPRY	ARS Pharmaceuticals, Inc.	$1.7M	0.6%	-87%	29.7
7	$ALK	ALASKA AIR GROUP, INC.	$1.4M	0.5%	NEW	56.3
8	$TD	TORONTO DOMINION BANK	$1.4M	0.5%	+0%	—
9	$SPOT	Spotify Technology S.A.	$1.3M	0.4%	NEW	—
10	$WY	WEYERHAEUSER CO	$1.2M	0.4%	-63%	52.9
11	$AVAV	AeroVironment Inc	$1.1M	0.4%	+300%	42.1
12	$AMZN	AMAZON COM INC	$1.1M	0.4%	NEW	74.6
13	$CVX	CHEVRON CORP	$1.0M	0.3%	+0%	54.7
14	$SPG	SIMON PROPERTY GROUP INC.	$932,650	0.3%	+0%	76.9
15	$BSX	BOSTON SCIENTIFIC CORP	$915,250	0.3%	NEW	79.9
16	$EOLS	Evolus, Inc.	$883,300	0.3%	-12%	30
17	$DASH	DoorDash, Inc.	$833,080	0.3%	NEW	70.6
18	$KKR	KKR & Co. Inc.	$825,825	0.3%	NEW	49.8
19	$KVUE	Kenvue Inc.	$820,935	0.3%	-87%	60.2
20	$OLED	UNIVERSAL DISPLAY CORP \PA\	$777,357	0.3%	NEW	64.7
21	$ORCL	ORACLE CORP	$775,800	0.3%	+1400%	67.2
22	$LNTH	Lantheus Holdings, Inc.	$763,686	0.3%	-26%	66.9
23	$ISRG	INTUITIVE SURGICAL INC	$753,000	0.3%	+700%	81.4
24	$NFLX	NETFLIX INC	$691,485	0.2%	NEW	86.7
25	$ELF	e.l.f. Beauty, Inc.	$687,600	0.2%	+376%	53.4
26	$REGN	REGENERON PHARMACEUTICALS, INC.	$647,500	0.2%	+289%	75.1
27	$MSFT	MICROSOFT CORP	$616,500	0.2%	NEW	83.7
28	$TFC	TRUIST FINANCIAL CORP	$459,700	0.1%	+0%	—
29	$COLD	AMERICOLD REALTY TRUST	$407,420	0.1%	-89%	37.1
30	$BUD	Anheuser-Busch InBev SA/NV	$346,850	0.1%	+0%	—