Abn Amro Investment Solutions

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed August 27, 2025), Abn Amro Investment Solutions reported 405 stock positions worth $4.8 billion. Its top holding was Microsoft (MSFT) at 5.3% of the portfolio, followed by Amazon.com (AMZN, 3.9%) and Nvidia (NVDA, 3.9%). Compared with Q4 2024, it opened 28 new positions, sold out of 33, added to 184 and reduced 185. The biggest buy was a new position in Brown & Brown (BRO) and the biggest sale Nvidia (NVDA, shares −14%).

Most Recent 13F
Q2 2026
Location
PARIS CEDEX 008, I0
CIK
0002080520
Portfolio Value
$4.8B (Q1 2025)
SEC Filing
0002080520-25-000010 ↗ filed Aug 27, 2025

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $5.8B Q1 2024 Q2 2024: $5.5B Q2 2024 Q3 2024: $5.7B Q3 2024 Q4 2024: $5.3B Q4 2024 Q1 2025: $4.8B $4.8B Q1 2025 Q2 2025: $5.0B Q2 2025 Q3 2025: $4.9B Q3 2025 Q4 2025: $6.7B Q4 2025 Q1 2026: $7.7B Q1 2026 Q2 2026: $11.5B Q2 2026

Holdings 405 stocks · $4.8B
MSFT Microsoft Corp. 5.29% 673,072 $252.7M Reduce -1.9%
AMZN Amazon.com Inc. 3.86% 969,076 $184.4M Reduce -4.8%
NVDA Nvidia Corp. 3.86% 1,699,956 $184.2M Reduce -13.7%
GOOGL Alphabet Inc. Class A 2.97% 919,013 $142.1M Add +2.8%
AAPL Apple Inc. 2.61% 562,346 $124.9M Reduce -2.6%
DE Deere & Co. 2.29% 233,284 $109.5M Reduce -9.6%
MA Mastercard Inc. Class A 2.10% 182,794 $100.2M Reduce -12.9%
WM Waste Management Inc. 2.06% 425,351 $98.5M Reduce -8.4%
AVGO Broadcom Inc. 1.87% 534,082 $89.4M Reduce -8.2%
ICE Intercontinental Exchange Inc. 1.81% 501,152 $86.4M Reduce -7.1%
AZO AutoZone Inc. 1.64% 20,514 $78.2M Reduce -6.5%
SPGI S&P Global Inc. 1.56% 147,142 $74.8M Reduce -21.6%
LLY Eli Lilly & Co. 1.56% 89,965 $74.3M Add +8.4%
O Realty Income Corp. 1.54% 1,268,153 $73.6M Reduce -19.0%
PG The Procter & Gamble Co. 1.45% 405,535 $69.1M Reduce -10.6%
FISV Fiserv Inc. 1.44% 311,083 $68.7M Reduce -13.8%
CRM Salesforce Inc. 1.42% 252,373 $67.7M Reduce -23.1%
VRTX Vertex Pharmaceuticals Inc. 1.40% 137,642 $66.7M Reduce -1.9%
DHR Danaher Corp. 1.36% 316,669 $64.9M Add +11.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.33% 1,522,365 $63.5M Reduce -22.4%
SYK Stryker Corp. 1.33% 170,363 $63.4M Add +14.2%
INTU Intuit Inc. 1.32% 102,666 $63.0M Reduce -18.8%
CI The Cigna Group 1.25% 182,247 $60.0M Reduce -0.8%
TMO Thermo Fisher Scientific Inc. 1.24% 119,297 $59.4M Reduce -0.5%
BRO Brown & Brown Inc. 1.23% 473,219 $58.9M New
BALL Ball Corp. 1.15% 1,053,010 $54.8M Reduce -14.8%
MRSH Marsh & McLennan Cos 1.04% 202,781 $49.5M Reduce -23.7%
SNPS Synopsys Inc. 1.01% 112,786 $48.4M Add +10.8%
AMAT Applied Materials Inc. 1.01% 331,051 $48.0M Reduce -18.0%
NOW ServiceNow Inc. 0.99% 59,289 $47.2M Add +359.7%
WDAY Workday Inc. Class A 0.90% 184,782 $43.2M Add +22.7%
COST Costco Wholesale Corp. 0.87% 44,190 $41.8M Reduce -26.7%
AWK American Water Works Co. Inc. 0.72% 234,335 $34.6M Reduce -3.5%
AMD Advanced Micro Devices 0.72% 334,853 $34.4M Add +238.9%
JPM JPMorgan Chase & Co. 0.72% 139,731 $34.3M Add +7.1%
MAR Marriott International Class A 0.71% 142,029 $33.8M Reduce -9.8%
FERG Ferguson Enterprises Inc. 0.68% 202,549 $32.5M Reduce -11.4%
SHW The Sherwin-Williams Co. 0.68% 92,851 $32.4M Reduce -29.1%
ORCL Oracle Corp. 0.65% 222,580 $31.1M Reduce -47.5%
XYL Xylem Inc. 0.64% 256,096 $30.6M Reduce -19.8%
TSM Taiwan Semiconductor-SP ADR 0.64% 184,205 $30.6M Add +3.9%
EFX Equifax Inc. 0.60% 118,201 $28.8M Reduce -9.3%
VRSK Verisk Analytics Inc. 0.56% 90,488 $26.9M Reduce -37.9%
KLAC KLA Corp. 0.56% 39,120 $26.6M Reduce -9.7%
VZ Verizon Communications Inc. 0.55% 580,515 $26.3M Reduce -58.8%
V Visa Inc. Class A 0.52% 71,221 $25.0M Reduce -46.7%
SLM SLM Corp. 0.52% 838,559 $24.6M Reduce -36.3%
JNJ Johnson & Johnson 0.51% 146,144 $24.2M Add +19.0%
AMGN Amgen Inc. 0.50% 76,632 $23.9M Add +16.4%
META Meta Platforms Inc. Class A 0.48% 40,166 $23.2M Add +19.3%
REGN Regeneron Pharmaceuticals 0.46% 34,740 $22.0M Reduce -7.0%
PANW Palo Alto Networks Inc. 0.45% 125,120 $21.4M Reduce -21.1%
SFM Sprouts Farmers Market Inc. 0.44% 138,023 $21.1M Reduce -38.4%
ECL Ecolab Inc. 0.43% 80,546 $20.4M Reduce -33.4%
AXP American Express Co. 0.42% 73,978 $19.9M Add +14.5%
NFLX Netflix Inc. 0.41% 20,827 $19.4M Add +94.2%
EQIX Equinix Inc. 0.40% 23,686 $19.3M Reduce -32.0%
OC Owens Corning 0.40% 132,301 $18.9M Reduce -42.9%
UNH Unitedhealth Group Inc. 0.39% 35,434 $18.6M Add +16.5%
WAB Wabtec Corp. 0.38% 100,461 $18.2M Add +11.0%
ES Eversource Energy 0.35% 269,992 $16.8M Add +30.2%
CSCO Cisco Systems Inc. 0.35% 267,670 $16.5M Add +20.8%
FSLR First Solar Inc. 0.34% 129,000 $16.3M Reduce -16.9%
LOW Lowe's Cos Inc. 0.34% 69,618 $16.2M Add +5.3%
QCOM Qualcomm Inc. 0.34% 105,341 $16.2M Add +4.9%
MET Metlife Inc. 0.34% 200,309 $16.1M Reduce -39.3%
CL Colgate-Palmolive Co. 0.33% 169,558 $15.9M Add +38.7%
ABBV Abbvie Inc. 0.32% 74,035 $15.5M Reduce -52.2%
ACN Accenture PLC Class A 0.32% 49,680 $15.5M Reduce -39.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.32% 156,154 $15.4M Reduce -48.8%
PEP Pepsico Inc. 0.31% 98,864 $14.8M Add +13.6%
MELI MercadoLibre Inc. 0.31% 7,499 $14.6M Reduce -7.7%
AMP Ameriprise Financial Inc. 0.30% 29,858 $14.5M Reduce -0.9%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.30% 341,468 $14.3M Add +171.0%
DGX Quest Diagnostics Inc. 0.30% 83,713 $14.2M Add +13.9%
CMCSA Comcast Corp. Class A 0.29% 380,881 $14.1M Reduce -55.8%
EBAY eBay Inc. 0.29% 207,444 $14.1M Reduce -31.3%
VEEV Veeva Systems Inc. Class A 0.29% 60,410 $14.0M Reduce -36.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.29% 113,089 $13.8M Reduce -41.5%
MRK Merck & Co. Inc. 0.28% 148,970 $13.4M Reduce -13.8%
ALV Autoliv Inc. 0.27% 146,349 $12.9M Reduce -24.6%
UNP Union Pacific Corp. 0.27% 54,665 $12.9M Add +20.9%
USB US Bancorp 0.27% 303,948 $12.8M Add +23.2%
PH Parker Hannifin Corp. 0.27% 21,046 $12.8M Reduce -2.5%
LOPE Grand Canyon Education Inc. 0.27% 73,853 $12.8M Reduce -18.1%
BABA Alibaba Group Holding-SP ADR 0.27% 96,350 $12.7M Add +52.6%
ISRG Intuitive Surgical Inc. 0.25% 23,781 $11.8M Reduce -8.1%
ADBE Adobe Inc. 0.24% 29,851 $11.4M Reduce -39.2%
KO The Coca-Cola Co. 0.24% 157,966 $11.3M Reduce -4.6%
AMT American Tower Corp. 0.23% 50,391 $11.0M Reduce -13.4%
ATO Atmos Energy Corp. 0.22% 68,104 $10.5M Reduce -30.0%
COF Capital One Financial Corp. 0.21% 57,289 $10.3M Reduce -4.0%
CDNS Cadence Design SYS Inc. 0.21% 39,733 $10.1M Reduce -21.9%
JD Jd.com Inc.-ADR 0.21% 239,462 $9.8M Add +0.2%
SE Sea Ltd.-ADR 0.20% 74,025 $9.7M Add +6.6%
BSX Boston Scientific Corp. 0.20% 95,208 $9.6M Add +9.2%
BKR Baker Hughes Co. 0.20% 218,532 $9.6M Add +82.4%
CTVA Corteva Inc. 0.20% 151,700 $9.5M Reduce -1.6%
ANSS Ansys Inc. 0.20% 29,667 $9.4M Reduce -2.4%
WTRG Essential Utilities Inc. 0.20% 236,228 $9.3M Add +24.7%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.19% 111,014 $9.3M Add +43.0%
ADSK Autodesk Inc. 0.19% 34,570 $9.1M Reduce -23.8%
TMUS T-Mobile US Inc. 0.19% 33,769 $9.0M Add +9.4%
SNA Snap-on Inc. 0.18% 25,897 $8.7M Add +27.1%
SEIC Sei Investments Company 0.18% 110,600 $8.6M Add +25.8%
SONY Sony Group Corp. - SP ADR 0.18% 335,900 $8.5M Reduce -7.6%
MS Morgan Stanley 0.18% 72,365 $8.4M Add +39.2%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.17% 73,170 $8.3M Add +7.6%
HOLX Hologic Inc. 0.17% 134,318 $8.3M Add +16.7%
AIG American International Group 0.17% 93,656 $8.1M Reduce -4.5%
HD Home Depot Inc. 0.16% 21,082 $7.7M Add +9.1%
IR Ingersoll-Rand Inc. 0.16% 95,775 $7.7M Reduce -3.0%
EMR Emerson Electric Co. 0.16% 68,936 $7.6M Add +44.4%
SYY Sysco Corp. 0.16% 99,159 $7.4M Add +49.8%
ROK Rockwell Automation Inc. 0.16% 28,676 $7.4M Reduce -34.3%
NTAP Netapp Inc. 0.15% 83,976 $7.4M Add +39.7%
ZBH Zimmer Biomet Holdings Inc. 0.15% 65,001 $7.4M Add +166.8%
MLM Martin Marietta Materials 0.15% 15,300 $7.3M No change
UPS United Parcel Service Class B 0.15% 65,990 $7.3M Add +25.3%
ONC Beone Medicines Ltd.-ADR filed as BEIGENE LTD 0.15% 26,560 $7.2M Add +8.8%
RPM RPM International Inc. 0.15% 62,157 $7.2M Add +2.9%
ROP Roper Technologies Inc. 0.15% 12,049 $7.1M Add +3.0%
PNC PNC Financial Services Group 0.15% 40,088 $7.0M Add +1.5%
CMG Chipotle Mexican Grill Inc. 0.14% 137,428 $6.9M Add +11.1%
CARR Carrier Global Corp. 0.14% 108,763 $6.9M Reduce -4.3%
PWR Quanta Services Inc. 0.14% 27,082 $6.9M Add +56.3%
CHKP Check Point Software Tech 0.14% 30,035 $6.8M Add +25.8%
CTRA Coterra Energy Inc. 0.14% 225,600 $6.5M Reduce -3.6%
CINF Cincinnati Financial Corp. 0.13% 43,640 $6.4M Add +26.0%
TCOM Trip.com Group Ltd.-ADR 0.13% 100,341 $6.4M Add +18.8%
XEL Xcel Energy Inc. 0.13% 88,600 $6.3M Reduce -2.4%
TDY Teledyne Technologies Inc. 0.13% 12,600 $6.3M Reduce -3.8%
JLL Jones Lang Lasalle Inc. 0.13% 25,265 $6.3M Add +25.8%
APD Air Products & Chemicals Inc. 0.13% 21,200 $6.3M New
LEN Lennar Corp. Class A 0.13% 54,123 $6.2M Reduce -3.1%
ROST Ross Stores Inc. 0.13% 48,448 $6.2M Add +22.5%
SCHW Schwab (charles) Corp. 0.13% 78,780 $6.2M Add +8.0%
MUFG Mitsubishi Ufj Finl-Spon ADR 0.13% 452,000 $6.2M Reduce -3.9%
CTSH Cognizant Tech Solutions-A 0.13% 79,779 $6.1M Add +0.3%
ELV Elevance Health Inc. 0.13% 13,982 $6.1M Reduce -62.8%
TTE Totalenergies SE -Spon ADR 0.13% 92,800 $6.0M Reduce -7.1%
ADI Analog Devices Inc. 0.12% 29,390 $5.9M Add +6.9%
HLT Hilton Worldwide Holdings Inc. 0.12% 25,823 $5.9M Reduce -2.0%
CPRT Copart Inc. 0.12% 103,509 $5.9M Add +51.2%
CBOE Cboe Global Markets Inc. 0.12% 25,651 $5.8M Add +24.7%
BX Blackstone Inc. 0.12% 41,300 $5.8M No change
LAMR Lamar Advertising Co. Class A 0.12% 50,245 $5.7M Add +25.8%
WMT Walmart Inc. 0.12% 64,747 $5.7M Reduce -4.4%
PLD Prologis Inc. 0.12% 50,584 $5.7M Reduce -55.9%
AVB Avalonbay Communities Inc. 0.12% 26,258 $5.6M Add +29.6%
TFC Truist Financial Corp. 0.12% 134,304 $5.5M Add +41.2%
MRVL Marvell Technology Inc. 0.12% 89,466 $5.5M Add +690.1%
HDB HDFC Bank Ltd.-ADR 0.11% 82,172 $5.5M Add +3.6%
GILD Gilead Sciences Inc. 0.11% 48,330 $5.4M Add +37.8%
INFY Infosys Ltd.-SP ADR 0.11% 288,023 $5.3M Add +23.8%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.11% 5,280 $5.2M Add +25.4%
UBER Uber Technologies Inc. 0.11% 69,909 $5.1M Add +5.2%
HASI Ha Sustainable Infrastructur 0.11% 174,062 $5.1M No change
ZTS Zoetis Inc. 0.11% 30,708 $5.1M Reduce -37.0%
CSGP Costar Group Inc. 0.10% 63,122 $5.0M Add +59.7%
NTRS Northern Trust Corp. 0.10% 50,289 $5.0M Add +32.6%
UNM Unum Group 0.10% 60,298 $4.9M Add +79.6%
MCHP Microchip Technology Inc. 0.10% 98,790 $4.8M Reduce -0.6%
GPC Genuine Parts Co. 0.10% 39,717 $4.7M Add +21.7%
CFR Cullen/Frost Bankers Inc. 0.10% 37,600 $4.7M No change
DLR Digital Realty Trust Inc. 0.10% 32,617 $4.7M Add +75.7%
TOST Toast Inc. Class A 0.10% 138,593 $4.6M Add +150.7%
IT Gartner Inc. 0.10% 10,937 $4.6M Add +17.1%
MU Micron Technology Inc. 0.10% 52,689 $4.6M Add +88.7%
ELS Equity Lifestyle Properties 0.10% 68,200 $4.5M Reduce -4.8%
CBRE CBRE Group Inc. Class A 0.09% 34,645 $4.5M Add +35.5%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.09% 100,880 $4.5M Add +65.0%
DHI D.R. Horton Inc. 0.09% 34,926 $4.4M Reduce -84.6%
AVY Avery Dennison Corp. 0.09% 24,865 $4.4M Add +25.8%
GIS General Mills Inc. 0.09% 73,162 $4.4M Add +22.3%
TECK Teck Resources Ltd.-CLS B 0.09% 119,998 $4.4M Reduce -2.4%
CYBR Cyberark Software Ltd./Israel 0.09% 12,913 $4.4M Add +65.3%
NOK Nokia Corp.-Spon ADR 0.09% 814,610 $4.3M Reduce -20.9%
HTHT H World Group Ltd.-ADR 0.09% 114,548 $4.2M Add +7.9%
URI United Rentals Inc. 0.09% 6,673 $4.2M Add +1.0%
STZ Constellation Brands Inc. Class A 0.09% 22,213 $4.1M Reduce -8.9%
LECO Lincoln Electric Holdings 0.09% 21,485 $4.1M Add +25.8%
STLD Steel Dynamics Inc. 0.08% 32,335 $4.0M Add +42.1%
PAYC Paycom Software Inc. 0.08% 18,500 $4.0M Add +54.7%
DDOG Datadog Inc. Class A 0.08% 39,499 $3.9M Add +16.9%
FR First Industrial Realty TR 0.08% 72,318 $3.9M Add +77.4%
ANET Arista Networks Inc. 0.08% 50,309 $3.9M Add +56.0%
WSM Williams-Sonoma Inc. 0.08% 24,502 $3.9M Reduce -24.5%
AOS Smith (a.o.) Corp. 0.08% 59,065 $3.9M Add +21.4%
MANH Manhattan Associates Inc. 0.08% 22,182 $3.8M New
CSL Carlisle Cos Inc. 0.08% 11,032 $3.8M Add +161.2%
EWBC East West Bancorp Inc. 0.08% 41,405 $3.7M Reduce -1.8%
A Agilent Technologies Inc. 0.08% 31,636 $3.7M Reduce -80.3%
OSK Oshkosh Corp. 0.08% 39,200 $3.7M Reduce -4.8%
CPNG Coupang Inc. 0.08% 165,241 $3.6M Reduce -3.0%
PKG Packaging Corp. of America 0.07% 18,005 $3.6M Reduce -18.2%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.07% 38,710 $3.6M Add +25.7%
CRWD CrowdStrike Holdings Inc. Class A 0.07% 10,084 $3.6M Add +225.2%
CBSH Commerce Bancshares Inc. 0.07% 57,015 $3.5M No change
ATAT Atour Lifestyle Holdings-ADR 0.07% 122,683 $3.5M Add +11.8%
ON On Semiconductor 0.07% 85,132 $3.5M Add +271.4%
SHOP Shopify Inc. Class A 0.07% 35,757 $3.4M Add +39.2%
FITB Fifth Third Bancorp 0.07% 85,923 $3.4M Add +11.3%
PINS Pinterest Inc. Class A 0.07% 108,448 $3.4M Add +16.1%
LRCX Lam Research Corp. 0.07% 45,598 $3.3M Add +36.8%
GXO Gxo Logistics Inc. 0.07% 84,133 $3.3M New
MKC McCormick & Co.-Non VTG SHRS 0.07% 39,923 $3.3M Add +49.4%
YMM Full Truck Alliance -SPN ADR 0.07% 254,027 $3.2M Add +83.7%
MCD McDonald's Corp. 0.07% 10,383 $3.2M Reduce -27.7%
JEF Jefferies Financial Group Inc. 0.07% 60,422 $3.2M Add +3.4%
WCN Waste Connections Inc. 0.07% 16,261 $3.2M Reduce -22.6%
OTIS Otis Worldwide Corp. 0.07% 30,575 $3.2M Add +7.2%
ENTG Entegris Inc. 0.07% 36,059 $3.2M Add +72.1%
RSG Republic Services Inc. 0.07% 13,021 $3.2M Reduce -26.4%
BLK BlackRock Inc. 0.07% 3,330 $3.2M Reduce -4.0%
BZ Kanzhun Ltd. - ADR 0.07% 163,478 $3.1M Add +18.5%
T AT&T Inc. 0.07% 110,228 $3.1M Reduce -12.0%
KBH KB Home 0.07% 53,427 $3.1M Add +42.1%
HUBB Hubbell Inc. 0.06% 9,162 $3.0M Add +205.0%
PEG Public Service Enterprise GP 0.06% 36,569 $3.0M Add +24.5%
L Loews Corp. 0.06% 32,641 $3.0M Add +5.3%
ABT Abbott Laboratories 0.06% 22,328 $3.0M Add +3.6%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.06% 31,054 $2.9M Reduce -3.0%
HUBS HubSpot Inc. 0.06% 5,039 $2.9M Add +0.1%
CAT Caterpillar Inc. 0.06% 8,565 $2.8M Add +0.8%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.06% 137,821 $2.8M Add +22.7%
BANCOLOMBIA S.A.-SPONS ADR 0.06% 68,266 $2.7M Reduce -48.9%
ADP Automatic Data Processing 0.06% 8,934 $2.7M Add +3.9%
MSCI MSCI Inc. 0.06% 4,824 $2.7M Add +6.2%
ORLY O'reilly Automotive Inc. 0.06% 1,898 $2.7M Add +0.1%
ATHM Autohome Inc.-ADR 0.06% 96,757 $2.7M Reduce -4.0%
KOS Kosmos Energy Ltd. 0.06% 1,172,798 $2.7M Add +1.2%
GS Goldman Sachs Group Inc. 0.06% 4,891 $2.7M Add +7.1%
ACM Aecom 0.05% 27,339 $2.5M Reduce -10.3%
CIEN Ciena Corp. 0.05% 41,541 $2.5M Reduce -8.0%
BLD Topbuild Corp. 0.05% 8,189 $2.5M Reduce -26.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.05% 10,015 $2.5M Reduce -1.2%
BKNG Booking Holdings Inc. 0.05% 538 $2.5M Reduce -0.9%
SIMO Silicon Motion Technol-ADR 0.05% 48,114 $2.4M Add +19.6%
PGR Progressive Corp. 0.05% 8,301 $2.3M Reduce -10.1%
NKE Nike Inc. Class B 0.05% 35,878 $2.3M Reduce -31.7%
MDB Mongodb Inc. 0.05% 12,784 $2.2M Add +57.0%
GWRE Guidewire Software Inc. 0.05% 11,953 $2.2M Add +19.9%
TRMB Trimble Inc. 0.05% 32,798 $2.2M Add +19.9%
VERX Vertex Inc. Class A 0.04% 61,066 $2.1M Add +19.9%
DUOL Duolingo 0.04% 6,549 $2.0M Add +19.9%
MDLZ Mondelez International Inc. Class A 0.04% 29,881 $2.0M Reduce -10.5%
ITUB Itau Unibanco H-Spon PRF ADR 0.04% 367,699 $2.0M Add +64.3%
F Ford Motor Co. filed as FORD MTR CO 0.04% 198,179 $2.0M Reduce -55.1%
PTC PTC Inc. 0.04% 12,768 $2.0M Reduce -62.3%
PLTR Palantir Technologies Inc. Class A 0.04% 22,966 $1.9M Reduce -9.9%
TXN Texas Instruments Inc. 0.04% 10,765 $1.9M Reduce -68.4%
CEG Constellation Energy 0.04% 9,098 $1.8M Add +19.9%
MTD Mettler-Toledo International 0.04% 1,539 $1.8M Add +12.8%
PFE Pfizer Inc. 0.04% 71,381 $1.8M Reduce -6.2%
WELL Welltower Inc. 0.04% 11,300 $1.7M Add +24.4%
COIN Coinbase Global Inc. Class A 0.04% 10,052 $1.7M Add +17.7%
GEV GE Vernova Inc. 0.04% 5,585 $1.7M Add +3.7%
CHD Church & Dwight Co. Inc. 0.04% 15,250 $1.7M No change
FWRG First Watch Restaurant Group 0.03% 99,993 $1.7M Add +19.9%
ITW Illinois Tool Works 0.03% 6,703 $1.7M Reduce -10.0%
PCG P G & E Corp. 0.03% 96,261 $1.7M New
SKM SK Telecom Co. Ltd.-Spon ADR 0.03% 77,690 $1.7M Reduce -5.0%
MSI Motorola Solutions Inc. 0.03% 3,744 $1.6M Add +256.6%
NTES Netease Inc.-ADR 0.03% 15,778 $1.6M Add +21.4%
MCK McKesson Corp. 0.03% 2,376 $1.6M Reduce -6.2%
EIX Edison International 0.03% 26,978 $1.6M Reduce -22.0%
CME Cme Group Inc. 0.03% 5,961 $1.6M Add +8.4%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.03% 4,576 $1.6M Add +30.0%
WMS Advanced Drainage Systems Inc. 0.03% 14,426 $1.6M Reduce -51.0%
TPG TPG Inc. 0.03% 32,635 $1.5M Add +19.9%
BMY Bristol-Myers Squibb Co. 0.03% 24,821 $1.5M Reduce -2.0%
LEN.B Lennar Corp. Class B 0.03% 13,800 $1.5M No change
SNOW Snowflake Inc. 0.03% 10,228 $1.5M Add +33.1%
ABNB Airbnb Inc. Class A 0.03% 12,340 $1.5M Reduce -28.8%
VLTO Veralto Corp. 0.03% 14,517 $1.4M Reduce -63.4%
TTWO Take-Two Interactive Softwre 0.03% 6,813 $1.4M New
XYZ Block Inc. 0.03% 25,975 $1.4M Add +25.8%
NEM Newmont Corp. 0.03% 27,509 $1.3M Reduce -20.2%
HAS Hasbro Inc. 0.03% 21,548 $1.3M Reduce -61.1%
OCFT Oneconnect Financial Techno 0.03% 194,809 $1.3M Reduce -9.3%
CTAS Cintas Corp. 0.03% 6,140 $1.3M Reduce -61.8%
AFL Aflac Inc. 0.03% 11,196 $1.2M Add +20.7%
IOT Samsara Inc. Class A 0.03% 32,227 $1.2M Add +12.8%
PDD PDD Holdings Inc. 0.03% 10,370 $1.2M Add +85.2%
CAVA Cava Group Inc. 0.02% 12,716 $1.1M Add +19.9%
IDXX Idexx Laboratories Inc. 0.02% 2,608 $1.1M Add +1.4%
KKR KKR & Co. Inc. 0.02% 9,379 $1.1M Add +10.3%
INTC Intel Corp. 0.02% 44,319 $1.0M Reduce -7.0%
AAON Aaon Inc. 0.02% 12,843 $1.0M New
PCAR Paccar Inc. 0.02% 10,063 $980K Reduce -2.0%
HCM Hutchmed China-ADR 0.02% 63,915 $961K Reduce -2.4%
BSY Bentley Systems Inc. Class B 0.02% 24,097 $948K Reduce -31.2%
IRTC Irhythm Holdings Inc. 0.02% 9,017 $944K Add +72.1%
TRV The Travelers Cos Inc. 0.02% 3,567 $943K Reduce -6.5%
PAYX Paychex Inc. 0.02% 5,823 $898K Add +11.8%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.02% 3,037 $875K Add +40.2%
CVS CVS Health Corp. 0.02% 12,904 $874K Reduce -21.0%
ACLS Axcelis Technologies Inc. 0.02% 17,457 $867K Add +175.3%
CSX CSX Corp. 0.02% 29,302 $862K Reduce -10.8%
DASH DoorDash Inc. Class A 0.02% 4,660 $852K Add +21.1%
BILI Bilibili Inc.-Sponsored ADR 0.02% 43,384 $829K Add +164.8%
APO Apollo Global Management Inc. 0.02% 6,053 $829K Reduce -6.1%
SPG Simon Property Group Inc. 0.02% 4,918 $817K Add +120.8%
VMC Vulcan Materials Co. 0.02% 3,393 $792K Reduce -7.6%
KDP Keurig Dr Pepper Inc. 0.02% 22,799 $780K Add +21.4%
VRT Vertiv Holdings Co. Class A 0.02% 10,300 $744K Reduce -76.5%
PYPL PayPal Holdings Inc. 0.02% 11,389 $743K Reduce -7.3%
DOV Dover Corp. 0.02% 4,203 $738K Reduce -4.0%
FTNT Fortinet Inc. 0.02% 7,592 $731K Reduce -9.6%
NSC Norfolk Southern Corp. 0.02% 3,054 $723K Add +2.4%
APP AppLovin Corp. Class A 0.01% 2,654 $703K Add +1.1%
BDX Becton Dickinson and Co. 0.01% 3,063 $702K Add +13.3%
DRI Darden Restaurants Inc. 0.01% 3,361 $698K Add +26.4%
MNST Monster Beverage Corp. 0.01% 11,917 $697K Reduce -35.2%
TGT Target Corp. 0.01% 6,523 $681K Reduce -8.8%
EME Emcor Group Inc. 0.01% 1,834 $678K Add +57.4%
ALL Allstate Corp. 0.01% 3,107 $643K Add +7.2%
RS Reliance Inc. 0.01% 2,213 $639K Reduce -7.9%
DD Dupont DE Nemours Inc. 0.01% 8,411 $628K Add +3.3%
RIVN Rivian Automotive Inc. Class A 0.01% 49,811 $620K Reduce -71.6%
KHC The Kraft Heinz Co. 0.01% 20,303 $618K Add +19.1%
DFS Discover Financial Services 0.01% 3,593 $613K Reduce -5.5%
WFG West Fraser Timber Co. Ltd. 0.01% 7,847 $603K Add +14.0%
KT KT Corp.-SP ADR 0.01% 33,199 $588K New
K Kellanova 0.01% 7,021 $579K Add +126.5%
PPG PPG Industries Inc. 0.01% 5,229 $572K Reduce -23.9%
YUMC Yum China Holdings Inc. 0.01% 10,900 $567K New
COR Cencora Inc. 0.01% 1,990 $553K Add +15.1%
KVUE Kenvue Inc. 0.01% 22,940 $550K Add +23.4%
PSA Public Storage 0.01% 1,829 $547K Reduce -15.6%
VTR Ventas Inc. 0.01% 7,939 $546K New
HCA HCA Healthcare Inc. 0.01% 1,493 $516K Reduce -12.2%
CAH Cardinal Health Inc. 0.01% 3,523 $485K Add +17.5%
ARES Ares Management Corp. Class A 0.01% 3,294 $483K Add +6.0%
EMBJ Embraer SA-Spon ADR 0.01% 10,447 $483K New
SYF Synchrony Financial 0.01% 9,015 $477K Add +17.0%
CCI Crown Castle Inc. 0.01% 4,382 $457K Reduce -29.1%
NET Cloudflare Inc. Class A 0.01% 4,046 $456K Reduce -4.8%
HIG Hartford Insurance Group Inc. 0.01% 3,653 $452K Reduce -5.3%
DELL Dell Technologies -C 0.01% 4,769 $435K Reduce -15.8%
TEAM Atlassian Corp. Class A 0.01% 2,028 $430K Reduce -2.6%
MCO Moody's Corp. 0.01% 909 $423K Reduce -24.9%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.01% 4,834 $416K Add +23.4%
CNC Centene Corp. 0.01% 6,778 $411K Reduce -10.1%
EXPE Expedia Group Inc. 0.01% 2,427 $408K Reduce -2.8%
LULU Lululemon Athletica Inc. 0.01% 1,395 $395K Reduce -20.0%
HOOD Robinhood Markets Inc. Class A 0.01% 9,441 $393K Add +8.1%
FAST Fastenal Co. 0.01% 5,051 $392K Add +3.0%
ACGL Arch Capital Group Ltd. 0.01% 3,978 $383K Reduce -40.9%
EW Edwards Lifesciences Corp. 0.01% 5,262 $381K Reduce -87.2%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.01% 6,956 $381K Add +8.0%
RBLX Roblox Corp. Class A 0.01% 6,446 $376K Add +14.9%
FINV Finvolution Group-ADR 0.01% 38,938 $375K Add +26.7%
GFI Gold Fields Ltd.-Spons ADR 0.01% 16,538 $365K Reduce -35.1%
IBKR Interactive Brokers Gro Class A 0.01% 2,206 $365K New
FOXA Fox Corp. Class A 0.01% 6,447 $365K New
TAL Tal Education Group- ADR 0.01% 27,292 $361K Add +71.7%
ALNY Alnylam Pharmaceuticals Inc. 0.01% 1,310 $354K Add +8.2%
MPWR Monolithic Power Systems Inc. 0.01% 608 $353K Reduce -17.3%
CHTR Charter Communications Inc. Class A 0.01% 943 $348K Reduce -33.2%
NTRA Natera Inc. 0.01% 2,358 $333K New
CVNA Carvana Co. 0.01% 1,589 $332K Add +9.3%
CHRW C.H. Robinson Worldwide Inc. 0.01% 3,210 $329K New
DECK Deckers Outdoor Corp. 0.01% 2,868 $321K Add +40.9%
BR Broadridge Financial Solutio 0.01% 1,306 $317K New
FICO Fair Isaac Corp. 0.01% 171 $315K Reduce -21.9%
HUM Humana Inc. 0.01% 1,178 $312K Reduce -19.8%
WDC Western Digital Corp. 0.01% 7,648 $309K Add +13.5%
HSY The Hershey Co. 0.01% 1,801 $308K Reduce -16.9%
MOH Molina Healthcare Inc. 0.01% 933 $307K Reduce -7.3%
ALB Albemarle Corp. 0.01% 4,191 $302K Reduce -19.4%
HBAN Huntington Bancshares Inc. 0.01% 19,920 $299K Reduce -3.9%
CFG Citizens Financial Group 0.01% 7,287 $299K Reduce -6.0%
VLO Valero Energy Corp. 0.01% 2,223 $294K No change
EXR Extra Space Storage Inc. 0.01% 1,949 $289K Reduce -10.8%
GDDY GoDaddy Inc. Class A 0.01% 1,580 $285K New
HPQ HP Inc. 0.01% 10,230 $283K Reduce -40.6%
RMD Resmed Inc. 0.01% 1,257 $281K Reduce -24.1%
HPE Hewlett Packard Enterprise 0.01% 18,145 $280K Reduce -9.4%
MTB M & T Bank Corp. filed as M & T BK CORP 0.01% 1,554 $278K Reduce -19.6%
YUM Yum! Brands Inc. 0.01% 1,755 $276K New
RJF Raymond James Financial Inc. 0.01% 1,987 $276K Reduce -1.5%
DXCM Dexcom Inc. 0.01% 4,009 $274K Reduce -50.3%
FIS Fidelity National Info Serv 0.01% 3,566 $266K Add +12.0%
SSNC Ss&c Technologies Holdings 0.01% 2,970 $248K New
EQH Equitable Holdings Inc. 0.01% 4,725 $246K New
WMB Williams Cos Inc. 0.01% 4,082 $244K Reduce -6.4%
LX Lexinfintech Holdings L-ADR 0.01% 23,955 $242K New
Z Zillow Group Inc. Class C 0.01% 3,518 $241K Reduce -14.0%
CRBG Corebridge Financial Inc. 0.01% 7,607 $240K New
KMI Kinder Morgan Inc. 0.00% 8,269 $236K Reduce -8.9%
DKS Dick's Sporting Goods Inc. 0.00% 1,150 $232K Add +19.2%
TSCO Tractor Supply Company 0.00% 4,112 $227K New
FTV Fortive Corp. 0.00% 3,023 $221K Reduce -20.3%
BLDR Builders Firstsource Inc. 0.00% 1,727 $216K Reduce -28.2%
SMCI Super Micro Computer Inc. 0.00% 6,236 $214K Reduce -45.5%
LYV Live Nation Entertainment Inc. 0.00% 1,626 $212K New
VIPS Vipshop Holdings Ltd. - ADR 0.00% 13,433 $211K New
TWLO Twilio Inc. Class A 0.00% 2,124 $208K Add +13.5%
JOYY Joyy Inc.-ADR 0.00% 4,900 $206K New
FCNCA First Citizens Bcshs Class A 0.00% 110 $204K Reduce -43.9%
WBD Warner Bros Discovery Inc. 0.00% 18,959 $203K Reduce -5.3%
CX Cemex Sab-Spons ADR Part Cer 0.00% 29,800 $167K New
WBA Walgreens Boots Alliance Inc. 0.00% 10,807 $121K New
Other holdings (28): bonds, preferreds, convertibles and warrants · $6.8M (not counted above)
SecurityClassShares / PrincipalValueChange
H WORLD GROUP LTD (HTHT 3 05/01/26) NOTE 3.000% 5/0 · principal 400,000$453KNo change
ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) NOTE 1.500% 9/0 · principal 400,000$404KReduce -60.0%
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) NOTE 1.125% 2/1 · principal 380,000$363KNo change
TETRA TECH INC (TTEK 2.25 08/15/28) DBCV 2.250% 8/1 · principal 300,000$311KReduce -50.0%
SHOPIFY INC (SHOPCN 0.125 11/01/25) NOTE 0.125%11/0 · principal 300,000$302KReduce -40.0%
NCL CORPORATION LTD (NCLH 1.125 02/15/27) NOTE 1.125% 2/1 · principal 300,000$292KReduce -36.2%
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) NOTE 1.500% 3/0 · principal 300,000$284KNew
BENTLEY SYSTEMS (BSY 0.375 07/01/27) NOTE 0.375% 7/0 · principal 300,000$273KReduce -70.0%
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal 300,000$269KNew
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal 300,000$266KReduce -50.0%
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal 300,000$260KReduce -57.1%
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal 200,000$257KReduce -71.4%
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal 200,000$245KReduce -60.0%
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 200,000$242KNew
INSMED INC (INSM 0.75 06/01/28) NOTE 0.750% 6/0 · principal 100,000$238KNo change
NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) NOTE 3.000% 3/0 · principal 200,000$235KNew
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal 200,000$231KReduce -50.0%
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) NOTE 2.000% 6/1 · principal 200,000$209KNew
CYTOKINETICS INC (CYTK 3.5 07/01/27) NOTE 3.500% 7/0 · principal 170,000$197KNo change
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal 200,000$196KReduce -50.0%
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) NOTE 0.375% 9/0 · principal 200,000$196KReduce -82.5%
LYFT INC (LYFT 0.625 03/01/29) NOTE 0.625% 3/0 · principal 200,000$194KNew
WORKIVA INC (WK 1.25 08/15/28) NOTE 1.250% 8/1 · principal 200,000$187KReduce -55.6%
REPLIGEN CORP (RGEN 1 12/15/28) NOTE 1.000%12/1 · principal 150,000$147KNo change
ZSCALER INC. (ZS 0.125 07/01/25) NOTE 0.125% 7/0 · principal 100,000$133KReduce -66.7%
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal 100,000$130KReduce -66.7%
INSULET CORPORATION (PODD 0.375 09/01/26) NOTE 0.375% 9/0 · principal 100,000$127KReduce -60.0%
LI AUTO INC (LI 0.25 05/01/28) NOTE 0.250% 5/0 · principal 100,000$118KReduce -66.7%

Total filed on the 13F, all lines: $4.8B.

Portfolio Sells Q4 2024 → Q1 2025
NVDA Nvidia Corp. Reduce -13.7% 3.86% −1.09
ORCL Oracle Corp. Reduce -47.5% 0.65% −0.67
AVGO Broadcom Inc. Reduce -8.2% 1.87% −0.65
CRM Salesforce Inc. Reduce -23.1% 1.42% −0.63
VZ Verizon Communications Inc. Reduce -58.8% 0.55% −0.50
DHI D.R. Horton Inc. Reduce -84.6% 0.09% −0.50
OC Owens Corning Reduce -42.9% 0.40% −0.34
A Agilent Technologies Inc. Reduce -80.3% 0.08% −0.33
AMZN Amazon.com Inc. Reduce -4.8% 3.86% −0.32
DIS The Walt Disney Co. Reduce -48.8% 0.32% −0.31
CMCSA Comcast Corp. Class A Reduce -55.8% 0.29% −0.31
BAC Bank of America Corp. Reduce -22.4% 1.33% −0.28
V Visa Inc. Class A Reduce -46.7% 0.52% −0.27
AMAT Applied Materials Inc. Reduce -18.0% 1.01% −0.22
ACN Accenture PLC Class A Reduce -39.9% 0.32% −0.22
EQIX Equinix Inc. Reduce -32.0% 0.40% −0.21
ABBV Abbvie Inc. Reduce -52.2% 0.32% −0.19
VRSK Verisk Analytics Inc. Reduce -37.9% 0.56% −0.19
SPGI S&P Global Inc. Reduce -21.6% 1.56% −0.18
FSLR First Solar Inc. Reduce -16.9% 0.34% −0.17
MET Metlife Inc. Reduce -39.3% 0.34% −0.17
ADBE Adobe Inc. Reduce -39.2% 0.24% −0.17
INTU Intuit Inc. Reduce -18.8% 1.32% −0.17
SLM SLM Corp. Reduce -36.3% 0.52% −0.16
COST Costco Wholesale Corp. Reduce -26.7% 0.87% −0.16
SHW The Sherwin-Williams Co. Reduce -29.1% 0.68% −0.15
TJX TJX Companies Inc. Reduce -41.5% 0.29% −0.15
ELV Elevance Health Inc. Reduce -62.8% 0.13% −0.13
BALL Ball Corp. Reduce -14.8% 1.15% −0.13
HON Honeywell International Inc. Sold out 0.00% −0.12
MSFT Microsoft Corp. Reduce -1.9% 5.29% −0.12
MAR Marriott International Class A Reduce -9.8% 0.71% −0.11
PLD Prologis Inc. Reduce -55.9% 0.12% −0.11
ECL Ecolab Inc. Reduce -33.4% 0.43% −0.10
PANW Palo Alto Networks Inc. Reduce -21.1% 0.45% −0.09
SFM Sprouts Farmers Market Inc. Reduce -38.4% 0.44% −0.09
AAPL Apple Inc. Reduce -2.6% 2.61% −0.09
VEEV Veeva Systems Inc. Class A Reduce -36.3% 0.29% −0.08
TXN Texas Instruments Inc. Reduce -68.4% 0.04% −0.08
ROK Rockwell Automation Inc. Reduce -34.3% 0.16% −0.08
VRT Vertiv Holdings Co. Class A Reduce -76.5% 0.02% −0.08
PTC PTC Inc. Reduce -62.3% 0.04% −0.08
CDNS Cadence Design SYS Inc. Reduce -21.9% 0.21% −0.07
ALV Autoliv Inc. Reduce -24.6% 0.27% −0.07
DAR Darling Ingredients Inc. Sold out 0.00% −0.07
PCTY Paylocity Holding Corp. Sold out 0.00% −0.06
FERG Ferguson Enterprises Inc. Reduce -11.4% 0.68% −0.06
ADSK Autodesk Inc. Reduce -23.8% 0.19% −0.06
OMC Omnicom Group Sold out 0.00% −0.06
MASI Masimo Corp. Sold out 0.00% −0.06

Portfolio Buys Q4 2024 → Q1 2025
BRO Brown & Brown Inc. New 1.23% +1.23
NOW ServiceNow Inc. Add +359.7% 0.99% +0.73
AMD Advanced Micro Devices Add +238.9% 0.72% +0.50
LLY Eli Lilly & Co. Add +8.4% 1.56% +0.36
SYK Stryker Corp. Add +14.2% 1.33% +0.32
NFLX Netflix Inc. Add +94.2% 0.41% +0.23
SLB SLB Ltd. Add +171.0% 0.30% +0.21
AMGN Amgen Inc. Add +16.4% 0.50% +0.18
WDAY Workday Inc. Class A Add +22.7% 0.90% +0.18
JNJ Johnson & Johnson Add +19.0% 0.51% +0.18
BABA Alibaba Group Holding-SP ADR Add +52.6% 0.27% +0.17
DHR Danaher Corp. Add +11.0% 1.36% +0.13
JPM JPMorgan Chase & Co. Add +7.1% 0.72% +0.13
APD Air Products & Chemicals Inc. New 0.13% +0.13
ES Eversource Energy Add +30.2% 0.35% +0.13
CL Colgate-Palmolive Co. Add +38.7% 0.33% +0.12
META Meta Platforms Inc. Class A Add +19.3% 0.48% +0.12
BKR Baker Hughes Co. Add +82.4% 0.20% +0.11
ZBH Zimmer Biomet Holdings Inc. Add +166.8% 0.15% +0.11
UNH Unitedhealth Group Inc. Add +16.5% 0.39% +0.10
CSCO Cisco Systems Inc. Add +20.8% 0.35% +0.10
MRVL Marvell Technology Inc. Add +690.1% 0.12% +0.09
DGX Quest Diagnostics Inc. Add +13.9% 0.30% +0.09
SNPS Synopsys Inc. Add +10.8% 1.01% +0.09
BNY Bank of New York Mellon Corp. Add +43.0% 0.19% +0.08
MANH Manhattan Associates Inc. New 0.08% +0.08
UNP Union Pacific Corp. Add +20.9% 0.27% +0.08
GXO Gxo Logistics Inc. New 0.07% +0.07
ONC Beone Medicines Ltd.-ADR Add +8.8% 0.15% +0.07
WTRG Essential Utilities Inc. Add +24.7% 0.20% +0.07
SE Sea Ltd.-ADR Add +6.6% 0.20% +0.06
PEP Pepsico Inc. Add +13.6% 0.31% +0.06
BJ Bj's Wholesale Club Holdings Add +7.6% 0.17% +0.06
SYY Sysco Corp. Add +49.8% 0.16% +0.06
TMUS T-Mobile US Inc. Add +9.4% 0.19% +0.06
WAB Wabtec Corp. Add +11.0% 0.38% +0.06
CHKP Check Point Software Tech Add +25.8% 0.14% +0.06
TOST Toast Inc. Class A Add +150.7% 0.10% +0.06
AXP American Express Co. Add +14.5% 0.42% +0.06
UNM Unum Group Add +79.6% 0.10% +0.06
BSX Boston Scientific Corp. Add +9.2% 0.20% +0.06
CRWD CrowdStrike Holdings Inc. Class A Add +225.2% 0.07% +0.05
MS Morgan Stanley Add +39.2% 0.18% +0.05
SNA Snap-on Inc. Add +27.1% 0.18% +0.05
GILD Gilead Sciences Inc. Add +37.8% 0.11% +0.05
MU Micron Technology Inc. Add +88.7% 0.10% +0.05
CSGP Costar Group Inc. Add +59.7% 0.10% +0.05
JD Jd.com Inc.-ADR Add +0.2% 0.21% +0.05
QCOM Qualcomm Inc. Add +4.9% 0.34% +0.05
CSL Carlisle Cos Inc. Add +161.2% 0.08% +0.05

Notes & Other Activity Q4 2024 → Q1 2025
PALO ALTO NETWORKS (PANW 0.375 06/01/25) NOTE 0.375% 6/0 · principal Sold out 150,000 $549Kbefore exit
EXACT SCIENCES CORP (EXAS 0.375 03/15/27) NOTE 0.375% 3/1 · principal Sold out 550,000 $511Kbefore exit
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) NOTE 3.625% 6/1 · principal Sold out 500,000 $497Kbefore exit
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) NOTE 2.250% 8/1 · principal Sold out 400,000 $493Kbefore exit
ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) NOTE 1.500% 9/0 · principal Reduce -60.0% 400,000 $404K
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) NOTE 1.250% 9/1 · principal Sold out 300,000 $331Kbefore exit
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal Sold out 300,000 $331Kbefore exit
TETRA TECH INC (TTEK 2.25 08/15/28) DBCV 2.250% 8/1 · principal Reduce -50.0% 300,000 $311K
SHOPIFY INC (SHOPCN 0.125 11/01/25) NOTE 0.125%11/0 · principal Reduce -40.0% 300,000 $302K
SNAP INC (SNAP 0.75 08/01/26) NOTE 0.750% 8/0 · principal Sold out 300,000 $293Kbefore exit
NCL CORPORATION LTD (NCLH 1.125 02/15/27) NOTE 1.125% 2/1 · principal Reduce -36.2% 300,000 $292K
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) NOTE 1.500% 3/0 · principal New 300,000 $284K
BENTLEY SYSTEMS (BSY 0.375 07/01/27) NOTE 0.375% 7/0 · principal Reduce -70.0% 300,000 $273K
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal New 300,000 $269K
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal Sold out 200,000 $267Kbefore exit
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal Reduce -50.0% 300,000 $266K
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal Reduce -57.1% 300,000 $260K
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal Reduce -71.4% 200,000 $257K
NIO INC (NIO 4.625 10/15/30) NOTE 4.625%10/1 · principal Sold out 350,000 $245Kbefore exit
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal Reduce -60.0% 200,000 $245K
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal New 200,000 $242K
NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) NOTE 3.000% 3/0 · principal New 200,000 $235K
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal Reduce -50.0% 200,000 $231K
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) NOTE 2.000% 6/1 · principal New 200,000 $209K
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal Reduce -50.0% 200,000 $196K
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) NOTE 0.375% 9/0 · principal Reduce -82.5% 200,000 $196K
LYFT INC (LYFT 0.625 03/01/29) NOTE 0.625% 3/0 · principal New 200,000 $194K
WORKIVA INC (WK 1.25 08/15/28) NOTE 1.250% 8/1 · principal Reduce -55.6% 200,000 $187K
ZILLOW GROUP INC (Z 2.75 05/15/25) NOTE 2.750% 5/1 · principal Sold out 120,000 $140Kbefore exit
ZSCALER INC. (ZS 0.125 07/01/25) NOTE 0.125% 7/0 · principal Reduce -66.7% 100,000 $133K
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal Reduce -66.7% 100,000 $130K
INSULET CORPORATION (PODD 0.375 09/01/26) NOTE 0.375% 9/0 · principal Reduce -60.0% 100,000 $127K
LI AUTO INC (LI 0.25 05/01/28) NOTE 0.250% 5/0 · principal Reduce -66.7% 100,000 $118K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 616$11.5BNVDA, MSFT, AAPL, AMZN, AVGO
Q1 2026 602$7.7BNVDA, AAPL, MSFT, AMZN, GOOGL
Q4 2025 540$6.7BNVDA, MSFT, AAPL, GOOGL, AMZN
Q3 2025 409$4.9BMSFT, NVDA, GOOGL, AMZN, AAPL
Q2 2025 401$5.0BMSFT, NVDA, AMZN, GOOGL, AVGO
Q1 2025 405$4.8BMSFT, AMZN, NVDA, GOOGL, AAPL
Q4 2024 410$5.3BMSFT, NVDA, AMZN, GOOGL, AAPL
Q3 2024 452$5.7BMSFT, NVDA, AMZN, GOOGL, AAPL
Q2 2024 424$5.5BMSFT, NVDA, GOOGL, AAPL, CRM
Q1 2024 399$5.8BMSFT, NVDA, GOOGL, CRM, AAPL