# EDGAR Filing Document

**Accession Number:** 0001962086
**File Stem:** 0001962086-26-000004
**Filing Date:** 2026-5
**Character Count:** 15837
**Document Hash:** f679dbb8ece69cb3ab49b2f2f37608d6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001962086-26-000004.hdr.sgml**: 20260507

**ACCESSION NUMBER**: 0001962086-26-000004

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260507

**DATE AS OF CHANGE**: 20260506

**EFFECTIVENESS DATE**: 20260507

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SP Asset Management LLC
- **CENTRAL INDEX KEY:** 0001962086

**ORGANIZATION NAME:**
- **EIN:** 874318670
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22787
- **FILM NUMBER:** 26949966

**BUSINESS ADDRESS:**
- **STREET 1:** 20380 TOWN CENTER LANE, STE 205
- **CITY:** CUPERTINO
- **STATE:** CA
- **ZIP:** 95014
- **BUSINESS PHONE:** 4082577711

**MAIL ADDRESS:**
- **STREET 1:** 20380 TOWN CENTER LANE, STE 205
- **CITY:** CUPERTINO
- **STATE:** CA
- **ZIP:** 95014

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** SP Asset Management LLC<br>**Address:** 20380 TOWN CENTER LANE STE 205<br>CUPERTINO, CA 95014

**Form 13F File Number:** 028-22787

**CRD Number (if applicable):** 000323369

**SEC File Number (if applicable):** 801-126698

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:** Lucas Mosher<br>**Title:** Director of Operations and Compliance<br>**Phone:** 408-257-7711

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

Lucas Mosher  Cupertino, CA  05-06-2026<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:** 119

**Form 13F Information Table Value Total:** $1133539254

      (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 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 13039552 | 127004 | SH |  | SOLE | 0 | 16399 | 0 | 110605 |
| ABBVIE INC | COM | 00287Y109 |  | 49163475 | 226049 | SH |  | SOLE | 0 | 24402 | 0 | 201647 |
| ADOBE INC | COM | 00724F101 |  | 504391 | 2075 | SH |  | SOLE | 0 | 0 | 0 | 2075 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 8824121 | 43377 | SH |  | SOLE | 0 | 0 | 0 | 43377 |
| AIRBNB INC | COM CL A | 009066101 |  | 264809 | 2097 | SH |  | SOLE | 0 | 0 | 0 | 2097 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 16783079 | 58506 | SH |  | SOLE | 0 | 5499 | 0 | 53008 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 42092729 | 146379 | SH |  | SOLE | 0 | 20445 | 0 | 125934 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 888742 | 13468 | SH |  | SOLE | 0 | 0 | 0 | 13468 |
| AMAZON COM INC | COM | 023135106 |  | 27623416 | 132633 | SH |  | SOLE | 0 | 11580 | 0 | 121053 |
| AMERICAN CENTY ETF TR | US EQT ETF | 025072885 |  | 200966 | 1808 | SH |  | SOLE | 0 | 0 | 0 | 1808 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 10217671 | 33780 | SH |  | SOLE | 0 | 1073 | 0 | 32707 |
| ANALOG DEVICES INC | COM | 032654105 |  | 23494282 | 73849 | SH |  | SOLE | 0 | 11552 | 0 | 62297 |
| APPLE INC | COM | 037833100 |  | 56668226 | 223288 | SH |  | SOLE | 0 | 24381 | 0 | 198906 |
| APPLIED MATLS INC | COM | 038222105 |  | 6044426 | 17685 | SH |  | SOLE | 0 | 0 | 0 | 17685 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 963577 | 7848 | SH |  | SOLE | 0 | 0 | 0 | 7848 |
| BANK AMERICA CORP | COM | 060505104 |  | 18705288 | 383698 | SH |  | SOLE | 0 | 52742 | 0 | 330956 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 89860440 | 187522 | SH |  | SOLE | 0 | 7761 | 0 | 179761 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 718140 | 1 | SH |  | SOLE | 0 | 0 | 0 | 1 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 232175 | 3700 | SH |  | SOLE | 0 | 0 | 0 | 3700 |
| BROADCOM INC | COM | 11135F101 |  | 3079729 | 9950 | SH |  | SOLE | 0 | 0 | 0 | 9950 |
| CALUMET INC | COM | 131428104 |  | 466700 | 13000 | SH |  | SOLE | 0 | 0 | 0 | 13000 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 320100 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| CISCO SYS INC | COM | 17275R102 |  | 757339 | 9761 | SH |  | SOLE | 0 | 0 | 0 | 9761 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 2512531 | 40954 | SH |  | SOLE | 0 | 7341 | 0 | 33613 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 325516 | 327 | SH |  | SOLE | 0 | 0 | 0 | 327 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 214726 | 550 | SH |  | SOLE | 0 | 550 | 0 | 0 |
| CVR PARTNERS LP/CVR NITROGEN | COM | 126633205 |  | 929285 | 7336 | SH |  | SOLE | 0 | 0 | 0 | 7336 |
| DATAVAULT AI INC | COM SHS | 86633R609 |  | 6183 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 303978 | 1852 | SH |  | SOLE | 0 | 0 | 0 | 1852 |
| DIMENSIONAL ETF TRUST | US EQUITY MARKET | 25434V401 |  | 932606 | 13152 | SH |  | SOLE | 0 | 0 | 0 | 13152 |
| ELI LILLY  CO | COM | 532457108 |  | 2547449 | 2770 | SH |  | SOLE | 0 | 0 | 0 | 2770 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 601580 | 31170 | SH |  | SOLE | 0 | 0 | 0 | 31170 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 13637840 | 80383 | SH |  | SOLE | 0 | 2590 | 0 | 77793 |
| FIDELITY COMWLTH TR | NASDAQ COMPSIT | 315912808 |  | 254987 | 3003 | SH |  | SOLE | 0 | 0 | 0 | 3003 |
| FIRST TR EXCHANGE-TRADED FD | DJ INTERNT IDX | 33733E302 |  | 1184912 | 5063 | SH |  | SOLE | 0 | 0 | 0 | 5063 |
| FIRST TR EXCHANGE-TRADED FD | CLOUD COMPUTING | 33734X192 |  | 1204031 | 11010 | SH |  | SOLE | 0 | 0 | 0 | 11010 |
| FRESHWORKS INC | CLASS A COM | 358054104 |  | 1251877 | 155900 | SH |  | SOLE | 0 | 0 | 0 | 155900 |
| HOME DEPOT INC | COM | 437076102 |  | 13682832 | 41603 | SH |  | SOLE | 0 | 3089 | 0 | 38514 |
| HONEYWELL INTL INC | COM | 438516106 |  | 5484962 | 24267 | SH |  | SOLE | 0 | 4780 | 0 | 19487 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 873976 | 33744 | SH |  | SOLE | 0 | 0 | 0 | 33744 |
| INTEL CORP | COM | 458140100 |  | 593812 | 13456 | SH |  | SOLE | 0 | 0 | 0 | 13456 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 2905511 | 5034 | SH |  | SOLE | 0 | 127 | 0 | 4907 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 7019625 | 41573 | SH |  | SOLE | 0 | 2830 | 0 | 38744 |
| ISHARES TR | GLOBAL TECH ETF | 464287291 |  | 4427830 | 44292 | SH |  | SOLE | 0 | 10241 | 0 | 34050 |
| ISHARES TR | US HLTHCARE ETF | 464287762 |  | 6312024 | 102401 | SH |  | SOLE | 0 | 12009 | 0 | 90392 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 506602 | 7502 | SH |  | SOLE | 0 | 0 | 0 | 7502 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 676605 | 5443 | SH |  | SOLE | 0 | 0 | 0 | 5443 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1014936 | 1554 | SH |  | SOLE | 0 | 0 | 0 | 1554 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 311874 | 2757 | SH |  | SOLE | 0 | 0 | 0 | 2757 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 246830 | 1155 | SH |  | SOLE | 0 | 0 | 0 | 1155 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 283780 | 666 | SH |  | SOLE | 0 | 0 | 0 | 666 |
| ISHARES TR | DOW JONES US ETF | 464287846 |  | 357762 | 2258 | SH |  | SOLE | 0 | 0 | 0 | 2258 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 1285677 | 22639 | SH |  | SOLE | 0 | 0 | 0 | 22639 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 35010310 | 437356 | SH |  | SOLE | 0 | 44931 | 0 | 392424 |
| ISHARES TR | ULTRA SHORT DUR | 46434V878 |  | 4713104 | 93108 | SH |  | SOLE | 0 | 0 | 0 | 93108 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 306136 | 4362 | SH |  | SOLE | 0 | 0 | 0 | 4362 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 3246613 | 107078 | SH |  | SOLE | 0 | 0 | 0 | 107078 |
| ISHARES TR | U.S. INSRNCE ETF | 464288786 |  | 2464969 | 19214 | SH |  | SOLE | 0 | 2783 | 0 | 16431 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 |  | 2652227 | 52405 | SH |  | SOLE | 0 | 0 | 0 | 52405 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 21712735 | 88826 | SH |  | SOLE | 0 | 7906 | 0 | 80920 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 760878 | 2587 | SH |  | SOLE | 0 | 0 | 0 | 2587 |
| KLA CORP | COM NEW | 482480100 |  | 989872 | 672 | SH |  | SOLE | 0 | 0 | 0 | 672 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 3783763 | 14181 | SH |  | SOLE | 0 | 1680 | 0 | 12501 |
| LENDINGCLUB ISSUANCE TR SER | COM NEW | 52603A208 |  | 372463 | 26010 | SH |  | SOLE | 0 | 0 | 0 | 26010 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1026619 | 2055 | SH |  | SOLE | 0 | 0 | 0 | 2055 |
| MERCK  CO INC | COM | 58933Y105 |  | 13892484 | 115492 | SH |  | SOLE | 0 | 10599 | 0 | 104893 |
| META PLATFORMS INC | CL A | 30303M102 |  | 195278269 | 341318 | SH |  | SOLE | 0 | 11831 | 0 | 329487 |
| MICROSOFT CORP | COM | 594918104 |  | 33317642 | 90006 | SH |  | SOLE | 0 | 11056 | 0 | 78951 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 3330739 | 57785 | SH |  | SOLE | 0 | 2135 | 0 | 55651 |
| NETFLIX INC. | COM | 64110L106 |  | 2544791 | 26467 | SH |  | SOLE | 0 | 6610 | 0 | 19857 |
| NIKE INC | CL B | 654106103 |  | 3156369 | 59757 | SH |  | SOLE | 0 | 2854 | 0 | 56903 |
| NUTANIX INC | CL A | 67059N108 |  | 5328736 | 140193 | SH |  | SOLE | 0 | 0 | 0 | 140193 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 11240958 | 64455 | SH |  | SOLE | 0 | 0 | 0 | 64455 |
| OPENDOOR TECHNOLOGIES INC | COM | 683712103 |  | 46800 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| ORACLE CORP | COM | 68389X105 |  | 15446959 | 105003 | SH |  | SOLE | 0 | 17081 | 0 | 87922 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 241362 | 1650 | SH |  | SOLE | 0 | 0 | 0 | 1650 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 2089130 | 13031 | SH |  | SOLE | 0 | 0 | 0 | 13031 |
| PEPSICO INC | COM | 713448108 |  | 4460527 | 28724 | SH |  | SOLE | 0 | 667 | 0 | 28057 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 11650876 | 70466 | SH |  | SOLE | 0 | 1186 | 0 | 69280 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 5801984 | 40169 | SH |  | SOLE | 0 | 6959 | 0 | 33209 |
| PROSHARES TR | PSHS ULT S 500 | 74347R107 |  | 2676375 | 51588 | SH |  | SOLE | 0 | 0 | 0 | 51588 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 |  | 1295819 | 12224 | SH |  | SOLE | 0 | 0 | 0 | 12224 |
| QUALCOMM INC | COM | 747525103 |  | 11629937 | 90309 | SH |  | SOLE | 0 | 8661 | 0 | 81648 |
| ROBLOX CORP | CL A | 771049103 |  | 497445 | 8795 | SH |  | SOLE | 0 | 5000 | 0 | 3795 |
| RUBRIK INC. | CL A | 781154109 |  | 2185629 | 44632 | SH |  | SOLE | 0 | 0 | 0 | 44632 |
| SALESFORCE INC | COM | 79466L302 |  | 4344276 | 23272 | SH |  | SOLE | 0 | 0 | 0 | 23272 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 733679 | 23914 | SH |  | SOLE | 0 | 0 | 0 | 23914 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 272000 | 10608 | SH |  | SOLE | 0 | 0 | 0 | 10608 |
| SELECT SECTOR SPDR TR | STATE STREET COM | 81369Y852 |  | 931989 | 8407 | SH |  | SOLE | 0 | 0 | 0 | 8407 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 21004630 | 342877 | SH |  | SOLE | 0 | 2197 | 0 | 340680 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 1261128 | 25544 | SH |  | SOLE | 0 | 0 | 0 | 25544 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 25194238 | 171845 | SH |  | SOLE | 0 | 22230 | 0 | 149615 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 296550 | 2500 | SH |  | SOLE | 0 | 0 | 0 | 2500 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 4966204 | 54193 | SH |  | SOLE | 0 | 23713 | 0 | 30479 |
| STARBUCKS CORP | COM | 855244109 |  | 6735317 | 75179 | SH |  | SOLE | 0 | 6680 | 0 | 68499 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 2076344 | 3193 | SH |  | SOLE | 0 | 0 | 0 | 3193 |
| SYNOPSYS INC | COM | 871607107 |  | 1455712 | 3672 | SH |  | SOLE | 0 | 0 | 0 | 3672 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 916147 | 2711 | SH |  | SOLE | 0 | 0 | 0 | 2711 |
| TESLA INC | COM | 88160R101 |  | 1134270 | 3051 | SH |  | SOLE | 0 | 0 | 0 | 3051 |
| TEXAS INSTRS INC | COM | 882508104 |  | 229930 | 1184 | SH |  | SOLE | 0 | 0 | 0 | 1184 |
| TWILIO INC | CL A | 90138F102 |  | 232767 | 1850 | SH |  | SOLE | 0 | 0 | 0 | 1850 |
| UBIQUITI INC | COM | 90353W103 |  | 495512 | 627 | SH |  | SOLE | 0 | 0 | 0 | 627 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 37288535 | 137805 | SH |  | SOLE | 0 | 17716 | 0 | 120088 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 211641 | 552 | SH |  | SOLE | 0 | 0 | 0 | 552 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 |  | 2713893 | 54512 | SH |  | SOLE | 0 | 0 | 0 | 54512 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 10658830 | 17838 | SH |  | SOLE | 0 | 1901 | 0 | 15937 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1666483 | 5195 | SH |  | SOLE | 0 | 0 | 0 | 5195 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 37588962 | 130890 | SH |  | SOLE | 0 | 12933 | 0 | 117957 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 26783718 | 102259 | SH |  | SOLE | 0 | 8660 | 0 | 93600 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 53214977 | 121832 | SH |  | SOLE | 0 | 11763 | 0 | 110069 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 268102 | 3252 | SH |  | SOLE | 0 | 0 | 0 | 3252 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1445994 | 26753 | SH |  | SOLE | 0 | 0 | 0 | 26753 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 1981651 | 39720 | SH |  | SOLE | 0 | 0 | 0 | 39720 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 245132 | 3825 | SH |  | SOLE | 0 | 0 | 0 | 3825 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 2291909 | 15475 | SH |  | SOLE | 0 | 3906 | 0 | 11569 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 628392 | 901 | SH |  | SOLE | 0 | 0 | 0 | 901 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 10884870 | 39969 | SH |  | SOLE | 0 | 8818 | 0 | 31152 |
| VISA INC | COM CL A | 92826C839 |  | 5739091 | 18989 | SH |  | SOLE | 0 | 1588 | 0 | 17400 |
| WELLS FARGO  CO | COM | 949746101 |  | 21688349 | 272432 | SH |  | SOLE | 0 | 22725 | 0 | 249708 |

---