# EDGAR Filing Document

**Accession Number:** 0001975730
**File Stem:** 0001975730-26-000002
**Filing Date:** 2026-2
**Character Count:** 14164
**Document Hash:** 3acb67d85a60f03c4182a51c0cbb5610
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001975730-26-000002.hdr.sgml**: 20260210

**ACCESSION NUMBER**: 0001975730-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260210

**DATE AS OF CHANGE**: 20260210

**EFFECTIVENESS DATE**: 20260210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pinnacle West Asset Management, Inc.
- **CENTRAL INDEX KEY:** 0001975730

**ORGANIZATION NAME:**
- **EIN:** 830297567
- **STATE OF INCORPORATION:** WY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23222
- **FILM NUMBER:** 26615825

**BUSINESS ADDRESS:**
- **STREET 1:** 152 N. DURBIN
- **STREET 2:** SUITE 400
- **CITY:** CASPER
- **STATE:** WY
- **ZIP:** 82601
- **BUSINESS PHONE:** 3072353300

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 51407
- **CITY:** CASPER
- **STATE:** WY
- **ZIP:** 82605

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** Pinnacle West Asset Management Inc.<br>**Address:** P.O. BOX 51407<br>CASPER, WY 82605

**Form 13F File Number:** 028-23222

**CRD Number (if applicable):** 000106527

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:** Arin Wesnitzer<br>**Title:** Chief Compliance Officer<br>**Phone:** 307-235-3300

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

Arin Wesnitzer  Casper, WY  02-10-2026<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:** 114

**Form 13F Information Table Value Total:** $153936

      (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 |
| 3M Company | COM | 88579Y101 |  | 883 | 5515 | SH |  | SOLE |  | 5515 | 0 | 0 |
| AFLAC Inc | COM | 001055102 |  | 846 | 7675 | SH |  | SOLE |  | 7675 | 0 | 0 |
| AMGEN Inc | COM | 031162100 |  | 3123 | 9540 | SH |  | SOLE |  | 9540 | 0 | 0 |
| AT Inc | COM | 00206R102 |  | 814 | 32789 | SH |  | SOLE |  | 32789 | 0 | 0 |
| AbbVie | COM | 00287y109 |  | 457 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| Abbott Laboratories Inc | COM | 002824100 |  | 1023 | 8165 | SH |  | SOLE |  | 8165 | 0 | 0 |
| Adobe Systems Inc | COM | 00724F101 |  | 482 | 1378 | SH |  | SOLE |  | 1378 | 0 | 0 |
| Alphabet Inc Class A | COM | 02079K305 |  | 3945 | 12605 | SH |  | SOLE |  | 12605 | 0 | 0 |
| Alphabet Inc Class C | COM | 02079K107 |  | 1465 | 4670 | SH |  | SOLE |  | 4670 | 0 | 0 |
| Amazon.Com Inc | COM | 023135106 |  | 4402 | 19070 | SH |  | SOLE |  | 19070 | 0 | 0 |
| American Electric Power Inc | COM | 025537101 |  | 551 | 4775 | SH |  | SOLE |  | 4775 | 0 | 0 |
| American Express Co | COM | 025816109 |  | 370 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| American Water Works Company I | COM | 030420103 |  | 213 | 1635 | SH |  | SOLE |  | 1635 | 0 | 0 |
| Apple Inc | COM | 037833100 |  | 10196 | 37505 | SH |  | SOLE |  | 37505 | 0 | 0 |
| Archer Daniels Midland Co | COM | 039483102 |  | 212 | 3680 | SH |  | SOLE |  | 3680 | 0 | 0 |
| Atmos Energy Corporation | COM | 049560105 |  | 333 | 1985 | SH |  | SOLE |  | 1985 | 0 | 0 |
| Automatic Data Processing Inc | COM | 053015103 |  | 1332 | 5177 | SH |  | SOLE |  | 5177 | 0 | 0 |
| BHP Group Ltd | COM | 088606108 |  | 566 | 9375 | SH |  | SOLE |  | 9375 | 0 | 0 |
| Bank of America Corp | COM | 060505104 |  | 309 | 5625 | SH |  | SOLE |  | 5625 | 0 | 0 |
| Becton Dickenson  Company Inc | COM | 075887109 |  | 494 | 2545 | SH |  | SOLE |  | 2545 | 0 | 0 |
| Berkshire Hathaway Inc | COM | 084670702 |  | 1362 | 2710 | SH |  | SOLE |  | 2710 | 0 | 0 |
| Black Hills Corporation | COM | 092113109 |  | 356 | 5130 | SH |  | SOLE |  | 5130 | 0 | 0 |
| Blackrock Inc | COM | 09247X101 |  | 2761 | 2580 | SH |  | SOLE |  | 2580 | 0 | 0 |
| Boeing Company Inc | COM | 097023105 |  | 1013 | 4665 | SH |  | SOLE |  | 4665 | 0 | 0 |
| Bristol-Myers Squibb Company | COM | 110122108 |  | 774 | 14350 | SH |  | SOLE |  | 14350 | 0 | 0 |
| CH Robinson Worldwide Inc | COM | 12541w209 |  | 241 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| CISCO Systems Inc | COM | 17275R102 |  | 2034 | 26400 | SH |  | SOLE |  | 26400 | 0 | 0 |
| Caterpillar Inc | COM | 149123101 |  | 2756 | 4811 | SH |  | SOLE |  | 4811 | 0 | 0 |
| Check Point Software Technolog | COM | m22465104 |  | 239 | 1290 | SH |  | SOLE |  | 1290 | 0 | 0 |
| Chevron Corporation | COM | 166764100 |  | 2307 | 15140 | SH |  | SOLE |  | 15140 | 0 | 0 |
| Colgate-Palmolive Company | COM | 194162103 |  | 635 | 8035 | SH |  | SOLE |  | 8035 | 0 | 0 |
| ConocoPhillips | COM | 20825C104 |  | 985 | 10525 | SH |  | SOLE |  | 10525 | 0 | 0 |
| Consolidated Edison Inc | COM | 209115104 |  | 303 | 3050 | SH |  | SOLE |  | 3050 | 0 | 0 |
| Corteva Inc | COM | 22052L104 |  | 282 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| Costco Wholesale Corp | COM | 22160k105 |  | 1729 | 2005 | SH |  | SOLE |  | 2005 | 0 | 0 |
| Danaher Corporation | COM | 235851102 |  | 579 | 2530 | SH |  | SOLE |  | 2530 | 0 | 0 |
| Darden Resturants Inc | COM | 237194105 |  | 701 | 3810 | SH |  | SOLE |  | 3810 | 0 | 0 |
| Deere  Company | COM | 244199105 |  | 1810 | 3888 | SH |  | SOLE |  | 3888 | 0 | 0 |
| Dell Computer Corp | COM | 24703l202 |  | 223 | 1775 | SH |  | SOLE |  | 1775 | 0 | 0 |
| Diageo PLC ADR | COM | 25243Q205 |  | 281 | 3255 | SH |  | SOLE |  | 3255 | 0 | 0 |
| Dominion Energy Inc | COM | 25746U109 |  | 243 | 4145 | SH |  | SOLE |  | 4145 | 0 | 0 |
| Duke Energy Corporation | COM | 26441C204 |  | 540 | 4605 | SH |  | SOLE |  | 4605 | 0 | 0 |
| Eli Lilly  Company | COM | 532457108 |  | 4708 | 4381 | SH |  | SOLE |  | 4381 | 0 | 0 |
| Enterprise Products Partners L | COM | 293792107 |  | 1877 | 58537 | SH |  | SOLE |  | 58537 | 0 | 0 |
| Exxon Mobil Corporation | COM | 30231G102 |  | 2419 | 20105 | SH |  | SOLE |  | 20105 | 0 | 0 |
| Fastenal Company | COM | 311900104 |  | 322 | 8025 | SH |  | SOLE |  | 8025 | 0 | 0 |
| General Dynamics Corporation | COM | 369550108 |  | 544 | 1615 | SH |  | SOLE |  | 1615 | 0 | 0 |
| General Mills Inc | COM | 370334104 |  | 213 | 4580 | SH |  | SOLE |  | 4580 | 0 | 0 |
| Genuine Parts Company | COM | 372460105 |  | 901 | 7325 | SH |  | SOLE |  | 7325 | 0 | 0 |
| Goldman Sachs Group Inc | COM | 38141G104 |  | 3512 | 3995 | SH |  | SOLE |  | 3995 | 0 | 0 |
| Home Depot Inc | COM | 437076102 |  | 3014 | 8760 | SH |  | SOLE |  | 8760 | 0 | 0 |
| Honeywell International Inc | COM | 438516106 |  | 911 | 4670 | SH |  | SOLE |  | 4670 | 0 | 0 |
| Huntington Ingalls Industries | COM | 446413106 |  | 503 | 1480 | SH |  | SOLE |  | 1480 | 0 | 0 |
| Illinois Tool Works Inc | COM | 452308109 |  | 708 | 2875 | SH |  | SOLE |  | 2875 | 0 | 0 |
| Intel Corporation | COM | 458140100 |  | 1035 | 28054 | SH |  | SOLE |  | 28054 | 0 | 0 |
| International Business Machine | COM | 459200101 |  | 1813 | 6122 | SH |  | SOLE |  | 6122 | 0 | 0 |
| International Paper Company | COM | 460146103 |  | 400 | 10155 | SH |  | SOLE |  | 10155 | 0 | 0 |
| Intuit Inc | COM | 461202103 |  | 886 | 1338 | SH |  | SOLE |  | 1338 | 0 | 0 |
| J P Morgan Chase  Company | COM | 46625H100 |  | 4543 | 14100 | SH |  | SOLE |  | 14100 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 3034 | 14660 | SH |  | SOLE |  | 14660 | 0 | 0 |
| Kinder Morgan Inc | COM | 49456B101 |  | 2591 | 94268 | SH |  | SOLE |  | 94268 | 0 | 0 |
| Linde plc | COM | G54950103 |  | 461 | 1080 | SH |  | SOLE |  | 1080 | 0 | 0 |
| Lockheed Martin Company | COM | 539830109 |  | 647 | 1338 | SH |  | SOLE |  | 1338 | 0 | 0 |
| Lowe's Companies Inc | COM | 548661107 |  | 748 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| McDonalds Corporation | COM | 580135101 |  | 1996 | 6530 | SH |  | SOLE |  | 6530 | 0 | 0 |
| Medtronic PLC | COM | G5960L103 |  | 774 | 8055 | SH |  | SOLE |  | 8055 | 0 | 0 |
| Merck  Company Inc | COM | 58933Y105 |  | 1026 | 9745 | SH |  | SOLE |  | 9745 | 0 | 0 |
| Meta Platforms Inc | COM | 30303M102 |  | 3590 | 5438 | SH |  | SOLE |  | 5438 | 0 | 0 |
| Microsoft Corporation | COM | 594918104 |  | 11648 | 24085 | SH |  | SOLE |  | 24085 | 0 | 0 |
| Mondelez International Inc | COM | 609207105 |  | 429 | 7970 | SH |  | SOLE |  | 7970 | 0 | 0 |
| NVIDIA Corp | COM | 67066G104 |  | 5039 | 27020 | SH |  | SOLE |  | 27020 | 0 | 0 |
| Nestle S A ADR | COM | 641069406 |  | 293 | 2970 | SH |  | SOLE |  | 2970 | 0 | 0 |
| NextEra Energy Inc | COM | 65339F101 |  | 664 | 8275 | SH |  | SOLE |  | 8275 | 0 | 0 |
| Norfolk Southern Corporation | COM | 655844108 |  | 1138 | 3940 | SH |  | SOLE |  | 3940 | 0 | 0 |
| Novartis AG | COM | 66987V109 |  | 589 | 4270 | SH |  | SOLE |  | 4270 | 0 | 0 |
| OGE Energy Corporation | COM | 670837103 |  | 266 | 6225 | SH |  | SOLE |  | 6225 | 0 | 0 |
| ONEOK Inc | COM | 682680103 |  | 1547 | 21042 | SH |  | SOLE |  | 21042 | 0 | 0 |
| Oracle Corporation | COM | 68389X105 |  | 2073 | 10635 | SH |  | SOLE |  | 10635 | 0 | 0 |
| Paccar Inc | COM | 693718108 |  | 643 | 5870 | SH |  | SOLE |  | 5870 | 0 | 0 |
| Pepsico Inc | COM | 713448108 |  | 857 | 5970 | SH |  | SOLE |  | 5970 | 0 | 0 |
| Pfizer Inc | COM | 717081103 |  | 403 | 16183 | SH |  | SOLE |  | 16183 | 0 | 0 |
| Philip Morris International | COM | 718172109 |  | 481 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| Procter  Gamble Co | COM | 742718109 |  | 919 | 6410 | SH |  | SOLE |  | 6410 | 0 | 0 |
| Prudential Financial Inc | COM | 744320102 |  | 636 | 5630 | SH |  | SOLE |  | 5630 | 0 | 0 |
| Qualcomm Inc | COM | 747525103 |  | 891 | 5210 | SH |  | SOLE |  | 5210 | 0 | 0 |
| RTX Corporation | COM | 75513e101 |  | 580 | 3165 | SH |  | SOLE |  | 3165 | 0 | 0 |
| Royal Bank of Canada | COM | 780087102 |  | 682 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| Sanofi ADR | COM | 80105n105 |  | 299 | 6175 | SH |  | SOLE |  | 6175 | 0 | 0 |
| Seagate Technology | COM | G7997R103 |  | 1679 | 6095 | SH |  | SOLE |  | 6095 | 0 | 0 |
| Sempra Energy | COM | 816851109 |  | 229 | 2595 | SH |  | SOLE |  | 2595 | 0 | 0 |
| Siemens AG | COM | 826197501 |  | 273 | 1950 | SH |  | SOLE |  | 1950 | 0 | 0 |
| Skyworks Solutions Inc | COM | 83088M102 |  | 238 | 3760 | SH |  | SOLE |  | 3760 | 0 | 0 |
| Smith  Nephew plc | COM | 83175m205 |  | 376 | 11465 | SH |  | SOLE |  | 11465 | 0 | 0 |
| Southern Company | COM | 842587107 |  | 463 | 5310 | SH |  | SOLE |  | 5310 | 0 | 0 |
| Starbucks Corporation | COM | 855244109 |  | 646 | 7670 | SH |  | SOLE |  | 7670 | 0 | 0 |
| Stryker Corporation | COM | 863667101 |  | 364 | 1035 | SH |  | SOLE |  | 1035 | 0 | 0 |
| Target Corporation | COM | 87612e106 |  | 293 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| Texas Instruments Inc | COM | 882508104 |  | 1273 | 7337 | SH |  | SOLE |  | 7337 | 0 | 0 |
| The Blackstone Group | COM | 09260D107 |  | 1851 | 12010 | SH |  | SOLE |  | 12010 | 0 | 0 |
| The Coca-Cola Company | COM | 191216100 |  | 782 | 11190 | SH |  | SOLE |  | 11190 | 0 | 0 |
| The Hershey Company | COM | 427866108 |  | 370 | 2035 | SH |  | SOLE |  | 2035 | 0 | 0 |
| The Walt Disney Company | COM | 254687106 |  | 1600 | 14060 | SH |  | SOLE |  | 14060 | 0 | 0 |
| Union Pacific Corporation | COM | 907818108 |  | 1748 | 7555 | SH |  | SOLE |  | 7555 | 0 | 0 |
| United Parcel Service Class B | COM | 911312106 |  | 854 | 8610 | SH |  | SOLE |  | 8610 | 0 | 0 |
| UnitedHealth Group Inc | COM | 91324P102 |  | 2495 | 7558 | SH |  | SOLE |  | 7558 | 0 | 0 |
| Verizon Communications | COM | 92343V104 |  | 911 | 22360 | SH |  | SOLE |  | 22360 | 0 | 0 |
| Visa Inc Class A | COM | 92826C839 |  | 1844 | 5257 | SH |  | SOLE |  | 5257 | 0 | 0 |
| WEC Energy Group Inc | COM | 92939U106 |  | 272 | 2580 | SH |  | SOLE |  | 2580 | 0 | 0 |
| Wal-Mart Stores Inc | COM | 931142103 |  | 3523 | 31625 | SH |  | SOLE |  | 31625 | 0 | 0 |
| Washington Federal Inc | COM | 938824109 |  | 320 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| Waste Management Inc. | COM | 94106l109 |  | 347 | 1580 | SH |  | SOLE |  | 1580 | 0 | 0 |
| Weyerhauser Company | COM | 962166104 |  | 260 | 10990 | SH |  | SOLE |  | 10990 | 0 | 0 |
| Williams Companies Inc | COM | 969457100 |  | 3188 | 53044 | SH |  | SOLE |  | 53044 | 0 | 0 |
| salesforce.com inc | COM | 79466L302 |  | 314 | 1185 | SH |  | SOLE |  | 1185 | 0 | 0 |

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