# EDGAR Filing Document

**Accession Number:** 0001006407
**File Stem:** 0001006407-25-000011
**Filing Date:** 2025-11
**Character Count:** 11409
**Document Hash:** 52ba571afab83e4a2f520155e1d95f7c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001006407-25-000011.hdr.sgml**: 20251105

**ACCESSION NUMBER**: 0001006407-25-000011

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251105

**DATE AS OF CHANGE**: 20251105

**EFFECTIVENESS DATE**: 20251105

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FISHMAN JAY A LTD/MI
- **CENTRAL INDEX KEY:** 0001006407

**ORGANIZATION NAME:**
- **EIN:** 381910843
- **STATE OF INCORPORATION:** MI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-05212
- **FILM NUMBER:** 251452733

**BUSINESS ADDRESS:**
- **STREET 1:** 901 WILSHIRE DRIVE
- **STREET 2:** SUITE 555
- **CITY:** TROY
- **STATE:** MI
- **ZIP:** 48084
- **BUSINESS PHONE:** 2487409400

**MAIL ADDRESS:**
- **STREET 1:** 901 WILSHIRE DRIVE
- **STREET 2:** SUITE 555
- **CITY:** TROY
- **STATE:** MI
- **ZIP:** 48084

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** FISHMAN JAY A LTD/MI<br>**Address:** 901 WILSHIRE DRIVE<br>SUITE 555<br>TROY, MI 48084

**Form 13F File Number:** 028-05212

**CRD Number (if applicable):** 000105609

**SEC File Number (if applicable):** 801-6618

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Laurie A. Clawson<br>**Title:** Performance Manager<br>**Phone:** 248-740-9400

**Signature, Place, and Date of Signing:**

Laurie A. Clawson  Troy, MI  11-05-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 81

**Form 13F Information Table Value Total:** $1166660539

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC COM | com | 00287Y109 |  | 16097124 | 69522 | SH |  | SOLE |  | 0 | 0 | 0 |
| ALPHABET INC CAP STK CL A | com | 02079K305 |  | 95766085 | 393937 | SH |  | SOLE |  | 0 | 0 | 0 |
| ALPHABET INC CAP STK CL C | com | 02079K107 |  | 11790256 | 48410 | SH |  | SOLE |  | 0 | 0 | 0 |
| ALTRIA GROUP INC COM | com | 02209S103 |  | 649700 | 9835 | SH |  | SOLE |  | 0 | 0 | 0 |
| AMAZON COM INC COM | com | 023135106 |  | 94576045 | 430733 | SH |  | SOLE |  | 0 | 0 | 0 |
| AMERICAN EXPRESS CO COM | com | 025816109 |  | 15699910 | 47266 | SH |  | SOLE |  | 0 | 0 | 0 |
| AMPHENOL CORP NEW CL A | com | 032095101 |  | 866250 | 7000 | SH |  | SOLE |  | 0 | 0 | 0 |
| APPLE INC COM | com | 037833100 |  | 239944075 | 942324 | SH |  | SOLE |  | 0 | 0 | 0 |
| ARCUTIS BIOTHERAPEUTICS INC COM | com | 03969K108 |  | 10662503 | 565650 | SH |  | SOLE |  | 0 | 0 | 0 |
| BANK AMERICA CORP COM | com | 060505104 |  | 1090716 | 21142 | SH |  | SOLE |  | 0 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | com | 084670702 |  | 2649440 | 5270 | SH |  | SOLE |  | 0 | 0 | 0 |
| BLACKSTONE INC COM | com | 09260D107 |  | 62437448 | 365452 | SH |  | SOLE |  | 0 | 0 | 0 |
| BROADCOM INC COM | com | 11135F101 |  | 217741 | 660 | SH |  | SOLE |  | 0 | 0 | 0 |
| CARRIER GLOBAL CORPORATION COM | com | 14448C104 |  | 525360 | 8800 | SH |  | SOLE |  | 0 | 0 | 0 |
| CBOE GLOBAL MKTS INC COM | com | 12503M108 |  | 945684 | 3856 | SH |  | SOLE |  | 0 | 0 | 0 |
| CISCO SYS INC COM | com | 17275R102 |  | 371521 | 5430 | SH |  | SOLE |  | 0 | 0 | 0 |
| COMCAST CORP NEW CL A | com | 20030N101 |  | 675530 | 21500 | SH |  | SOLE |  | 0 | 0 | 0 |
| COMERICA INC COM | com | 200340107 |  | 1094950 | 15980 | SH |  | SOLE |  | 0 | 0 | 0 |
| CONSTELLATION ENERGY CORP COM | com | 21037T109 |  | 16984619 | 51614 | SH |  | SOLE |  | 0 | 0 | 0 |
| COSTCO WHSL CORP NEW COM | com | 22160K105 |  | 15585758 | 16838 | SH |  | SOLE |  | 0 | 0 | 0 |
| DANAHER CORPORATION COM | com | 235851102 |  | 1469107 | 7410 | SH |  | SOLE |  | 0 | 0 | 0 |
| DEERE  CO COM | com | 244199105 |  | 1188876 | 2600 | SH |  | SOLE |  | 0 | 0 | 0 |
| DOORDASH INC CL A | com | 25809K105 |  | 282870 | 1040 | SH |  | SOLE |  | 0 | 0 | 0 |
| EAGLE MATLS INC COM | com | 26969P108 |  | 262170 | 1125 | SH |  | SOLE |  | 0 | 0 | 0 |
| EATON CORP PLC SHS | com | G29183103 |  | 238397 | 637 | SH |  | SOLE |  | 0 | 0 | 0 |
| ELI LILLY  CO COM | com | 532457108 |  | 20444585 | 26795 | SH |  | SOLE |  | 0 | 0 | 0 |
| FERRARI N V COM | com | N3167Y103 |  | 1310094 | 2700 | SH |  | SOLE |  | 0 | 0 | 0 |
| GE AEROSPACE COM NEW | com | 369604301 |  | 11947668 | 39717 | SH |  | SOLE |  | 0 | 0 | 0 |
| GE VERNOVA INC COM | com | 36828A101 |  | 13220965 | 21501 | SH |  | SOLE |  | 0 | 0 | 0 |
| GENERAL DYNAMICS CORP COM | com | 369550108 |  | 1624524 | 4764 | SH |  | SOLE |  | 0 | 0 | 0 |
| GOLDMAN SACHS GROUP INC COM | com | 38141G104 |  | 705577 | 886 | SH |  | SOLE |  | 0 | 0 | 0 |
| HCA HEALTHCARE INC COM | com | 40412C101 |  | 718147 | 1685 | SH |  | SOLE |  | 0 | 0 | 0 |
| HOME DEPOT INC COM | com | 437076102 |  | 21280174 | 52519 | SH |  | SOLE |  | 0 | 0 | 0 |
| HONEYWELL INTL INC COM | com | 438516106 |  | 1745466 | 8292 | SH |  | SOLE |  | 0 | 0 | 0 |
| ILLINOIS TOOL WKS INC COM | com | 452308109 |  | 486317 | 1865 | SH |  | SOLE |  | 0 | 0 | 0 |
| INTUIT COM | com | 461202103 |  | 499890 | 732 | SH |  | SOLE |  | 0 | 0 | 0 |
| INVESCO QQQ TRUST SERIES I | com | 46090E103 |  | 3611226 | 6015 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | com | 46438F101 |  | 307775 | 4735 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES CORE S MID-CAP ETF | com | 464287507 |  | 652600 | 10000 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES RUSSELL 2000 ETF | com | 464287655 |  | 205666 | 850 | SH |  | SOLE |  | 0 | 0 | 0 |
| JOHNSON  JOHNSON COM | com | 478160104 |  | 3268028 | 17625 | SH |  | SOLE |  | 0 | 0 | 0 |
| JPMORGAN CHASE  CO. COM | com | 46625H100 |  | 49765914 | 157772 | SH |  | SOLE |  | 0 | 0 | 0 |
| LENNAR CORP CL A | com | 526057104 |  | 2016640 | 16000 | SH |  | SOLE |  | 0 | 0 | 0 |
| MARRIOTT INTL INC NEW CL A | com | 571903202 |  | 379982 | 1459 | SH |  | SOLE |  | 0 | 0 | 0 |
| MCDONALDS CORP COM | com | 580135101 |  | 488655 | 1608 | SH |  | SOLE |  | 0 | 0 | 0 |
| MERCK  CO INC COM | com | 58933Y105 |  | 5452177 | 64961 | SH |  | SOLE |  | 0 | 0 | 0 |
| META PLATFORMS INC CL A | com | 30303M102 |  | 62310674 | 84848 | SH |  | SOLE |  | 0 | 0 | 0 |
| MICROSOFT CORP COM | com | 594918104 |  | 78002590 | 150599 | SH |  | SOLE |  | 0 | 0 | 0 |
| MONDELEZ INTL INC CL A | com | 609207105 |  | 440039 | 7044 | SH |  | SOLE |  | 0 | 0 | 0 |
| MOODYS CORP COM | com | 615369105 |  | 893400 | 1875 | SH |  | SOLE |  | 0 | 0 | 0 |
| NETFLIX INC COM | com | 64110L106 |  | 218203 | 182 | SH |  | SOLE |  | 0 | 0 | 0 |
| NEXTERA ENERGY INC COM | com | 65339F101 |  | 1821951 | 24135 | SH |  | SOLE |  | 0 | 0 | 0 |
| NVIDIA CORPORATION COM | com | 67066G104 |  | 58876998 | 315559 | SH |  | SOLE |  | 0 | 0 | 0 |
| ORACLE CORP COM | com | 68389X105 |  | 7862908 | 27958 | SH |  | SOLE |  | 0 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC CL A | com | 69608A108 |  | 757955 | 4155 | SH |  | SOLE |  | 0 | 0 | 0 |
| PEPSICO INC COM | com | 713448108 |  | 259814 | 1850 | SH |  | SOLE |  | 0 | 0 | 0 |
| PFIZER INC COM | com | 717081103 |  | 6582936 | 258357 | SH |  | SOLE |  | 0 | 0 | 0 |
| PHILIP MORRIS INTL INC COM | com | 718172109 |  | 1026239 | 6327 | SH |  | SOLE |  | 0 | 0 | 0 |
| PROCTER AND GAMBLE CO COM | com | 742718109 |  | 257364 | 1675 | SH |  | SOLE |  | 0 | 0 | 0 |
| QXO INC COM NEW | com | 82846H405 |  | 10443736 | 547940 | SH |  | SOLE |  | 0 | 0 | 0 |
| REDDIT INC | com | 75734B100 |  | 28065910 | 122031 | SH |  | SOLE |  | 0 | 0 | 0 |
| REVOLUTION MEDICINES INC COM | com | 76155X100 |  | 233500 | 5000 | SH |  | SOLE |  | 0 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC COM CL A | com | 76954A103 |  | 233412 | 15900 | SH |  | SOLE |  | 0 | 0 | 0 |
| RTX CORPORATION COM | com | 75513E101 |  | 669320 | 4000 | SH |  | SOLE |  | 0 | 0 | 0 |
| SHERWIN WILLIAMS CO COM | com | 824348106 |  | 4510037 | 13025 | SH |  | SOLE |  | 0 | 0 | 0 |
| SPDR S 500 ETF TRUST | com | 78462F103 |  | 569584 | 855 | SH |  | SOLE |  | 0 | 0 | 0 |
| STRYKER CORPORATION COM | com | 863667101 |  | 28164048 | 76187 | SH |  | SOLE |  | 0 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS | com | 874039100 |  | 1250381 | 4477 | SH |  | SOLE |  | 0 | 0 | 0 |
| TESLA INC COM | com | 88160R101 |  | 748019 | 1682 | SH |  | SOLE |  | 0 | 0 | 0 |
| TEXTRON INC COM | com | 883203101 |  | 244852 | 2898 | SH |  | SOLE |  | 0 | 0 | 0 |
| TITAN INTL INC ILL COM | com | 88830M102 |  | 16559303 | 2190384 | SH |  | SOLE |  | 0 | 0 | 0 |
| TJX COS INC NEW COM | com | 872540109 |  | 2059840 | 14251 | SH |  | SOLE |  | 0 | 0 | 0 |
| UNION PAC CORP COM | com | 907818108 |  | 522169 | 2209 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD MID-CAP ETF | com | 922908629 |  | 577199 | 1965 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD SMALL-CAP ETF | com | 922908751 |  | 4969648 | 19544 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD TOTAL STOCK MARKET ETF | com | 922908769 |  | 820425 | 2500 | SH |  | SOLE |  | 0 | 0 | 0 |
| VERTIV HOLDINGS CO COM CL A | com | 92537N108 |  | 26908898 | 178370 | SH |  | SOLE |  | 0 | 0 | 0 |
| VILLAGE FARMS INTL INC COM | com | 92707Y108 |  | 1801002 | 575400 | SH |  | SOLE |  | 0 | 0 | 0 |
| VISA INC COM CL A | com | 92826C839 |  | 36069869 | 105659 | SH |  | SOLE |  | 0 | 0 | 0 |
| WHIRLPOOL CORP COM | com | 963320106 |  | 10757353 | 136862 | SH |  | SOLE |  | 0 | 0 | 0 |
| XPO INC COM | com | 983793100 |  | 38966761 | 301437 | SH |  | SOLE |  | 0 | 0 | 0 |

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