Agf Management Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Agf Management Ltd. reported 597 stock positions worth $18.8 billion. Its top holding was Amazon.com (AMZN) at 3.5% of the portfolio, followed by Nvidia (NVDA, 3.4%) and Boston Scientific (BSX, 2.5%). Compared with Q4 2024, it opened 52 new positions, sold out of 74, added to 273 and reduced 257. The biggest buy was Alphabet Class A (GOOGL, shares +264%) and the biggest sale SS Technology Select Sector (XLK, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001003518
- Portfolio Value
- $18.8B (Q1 2025)
- SEC Filing
- 0000945621-25-000444 ↗ filed May 12, 2025
Holdings Value
Holdings 597 stocks · $18.8B
| AMZN Amazon.com Inc. | 3.49% | 3,452,960 | $657.0M | Add +0.3% |
| NVDA Nvidia Corp. | 3.41% | 5,934,095 | $643.1M | Reduce -12.4% |
| BSX Boston Scientific Corp. | 2.54% | 4,747,292 | $478.9M | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 2.49% | 3,038,178 | $469.8M | Add +264.2% |
| ISRG Intuitive Surgical Inc. | 2.27% | 863,489 | $427.7M | Add +3.0% |
| LLY Eli Lilly & Co. | 2.21% | 504,512 | $416.7M | Reduce -15.5% |
| META Meta Platforms Inc. Class A | 2.15% | 701,914 | $404.6M | Add +29.0% |
| EXE Expand Energy Corp. | 2.15% | 3,633,766 | $404.5M | Add +83.5% |
| RY Royal Bank of Canada | 1.75% | 2,581,744 | $329.2M | Add +15.8% |
| AVGO Broadcom Inc. | 1.63% | 1,832,854 | $306.9M | Add +4.3% |
| CRH CRH PLC | 1.43% | 3,052,011 | $268.5M | Add +195.0% |
| MSFT Microsoft Corp. | 1.36% | 682,389 | $256.2M | Reduce -4.1% |
| TD Toronto-Dominion Bank | 1.36% | 3,680,060 | $255.8M | Reduce -26.4% |
| XLK SS Technology Select Sector | 1.28% | 1,168,858 | $241.3M | Reduce -54.3% |
| HOOD Robinhood Markets Inc. Class A | 1.27% | 5,743,715 | $239.1M | Add +286.0% |
| RJF Raymond James Financial Inc. | 1.20% | 1,621,549 | $225.2M | Reduce -31.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.19% | 2,453,640 | $225.1M | Add +80.3% |
| ARES Ares Management Corp. Class A | 1.19% | 1,528,148 | $224.0M | New |
| HWM Howmet Aerospace Inc. | 1.13% | 1,643,082 | $213.2M | Reduce -1.6% |
| ICE Intercontinental Exchange Inc. | 1.09% | 1,193,474 | $205.9M | Reduce -44.5% |
| CNQ Canadian Natural Resources | 0.98% | 5,712,462 | $183.8M | Reduce -19.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.97% | 1,494,648 | $182.0M | Reduce -2.8% |
| PRI Primerica Inc. | 0.96% | 635,221 | $180.7M | Reduce -1.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.93% | 641,133 | $176.0M | Add +0.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.92% | 492,921 | $173.8M | Add +41011.0% |
| LNG Cheniere Energy Inc. | 0.90% | 729,255 | $168.7M | Add +56.3% |
| NOW ServiceNow Inc. | 0.89% | 210,305 | $167.4M | Reduce -1.6% |
| CCJ Cameco Corp. | 0.88% | 4,037,646 | $166.2M | Add +19.0% |
| ABBV Abbvie Inc. | 0.85% | 767,432 | $160.8M | Reduce -24.0% |
| SPOT Spotify Technology SA | 0.84% | 286,467 | $157.6M | Reduce -19.6% |
| AMP Ameriprise Financial Inc. | 0.81% | 313,966 | $152.0M | Reduce -18.6% |
| HUBS HubSpot Inc. | 0.80% | 262,585 | $150.0M | Reduce -34.6% |
| V Visa Inc. Class A | 0.79% | 423,345 | $148.4M | Reduce -16.9% |
| AAPL Apple Inc. | 0.78% | 660,095 | $146.6M | Add +4.4% |
| AXON Axon Enterprise Inc. | 0.77% | 277,468 | $145.9M | Reduce -2.0% |
| ENB Enbridge Inc. | 0.77% | 2,913,700 | $145.4M | Reduce -26.1% |
| LPLA LPL Financial Holdings Inc. | 0.76% | 437,444 | $143.1M | Add +0.6% |
| JPM JPMorgan Chase & Co. | 0.76% | 583,227 | $143.1M | Reduce -3.5% |
| XLF SS Financial Select Sector | 0.74% | 2,793,714 | $139.2M | Reduce -11.5% |
| SU Suncor Energy Inc. | 0.73% | 2,875,477 | $137.9M | Reduce -19.0% |
| AEM Agnico Eagle Mines Ltd. | 0.72% | 1,250,690 | $135.5M | Reduce -10.4% |
| LIN Linde PLC | 0.72% | 290,067 | $135.1M | Reduce -7.7% |
| ETN Eaton Corp. PLC | 0.71% | 494,790 | $134.5M | Add +35.7% |
| SE Sea Ltd.-ADR | 0.68% | 982,853 | $128.3M | Add +171.3% |
| WM Waste Management Inc. | 0.67% | 542,259 | $125.5M | Reduce -3.0% |
| UBER Uber Technologies Inc. | 0.66% | 1,701,620 | $124.0M | New |
| SLF Sun Life Financial Inc. | 0.65% | 1,844,848 | $122.9M | Add +0.1% |
| ADI Analog Devices Inc. | 0.64% | 601,176 | $121.2M | Add +20.3% |
| BN Brookfield Corp. | 0.63% | 2,274,117 | $119.5M | Add +20.1% |
| CP Canadian Pacific Kansas City | 0.63% | 1,696,742 | $119.2M | Add +23.0% |
| HD Home Depot Inc. | 0.62% | 316,683 | $116.1M | Add +17.7% |
| MELI MercadoLibre Inc. | 0.61% | 59,166 | $115.4M | Add +11.1% |
| HLT Hilton Worldwide Holdings Inc. | 0.61% | 503,509 | $114.6M | Reduce -1.6% |
| MDLZ Mondelez International Inc. Class A | 0.60% | 1,664,780 | $113.0M | Reduce -1.8% |
| MSI Motorola Solutions Inc. | 0.57% | 244,316 | $107.0M | Add +35.3% |
| VOO Vanguard S&P 500 ETF | 0.57% | 207,321 | $106.5M | Add +8.8% |
| PM Philip Morris International | 0.54% | 640,740 | $101.7M | Reduce -3.7% |
| KKR KKR & Co. Inc. | 0.53% | 870,191 | $100.6M | Add +8851.7% |
| FTEC Fidelity MSCI Info Tech Indx | 0.52% | 607,962 | $98.0M | Add +2.8% |
| TMO Thermo Fisher Scientific Inc. | 0.52% | 196,727 | $97.9M | Add +47.3% |
| PWR Quanta Services Inc. | 0.52% | 382,597 | $97.2M | Reduce -49.0% |
| SHOP Shopify Inc. Class A | 0.51% | 1,003,871 | $95.9M | Reduce -37.0% |
| JNJ Johnson & Johnson | 0.51% | 575,930 | $95.5M | Add +0.4% |
| IBKR Interactive Brokers Gro Class A | 0.49% | 558,377 | $92.5M | Add +1.6% |
| CB Chubb Ltd. | 0.48% | 301,540 | $91.1M | Reduce -2.9% |
| MFC Manulife Financial Corp. | 0.48% | 2,433,140 | $90.6M | Add +63.7% |
| ACM Aecom | 0.47% | 964,757 | $89.5M | Add +10.7% |
| LRCX Lam Research Corp. | 0.47% | 1,221,240 | $88.8M | Reduce -30.5% |
| DKNG Draftkings Inc. Class A | 0.44% | 2,517,982 | $83.6M | New |
| NOC Northrop Grumman Corp. | 0.44% | 163,275 | $83.6M | Reduce -1.6% |
| BIP Brookfield Infrastructure Pa | 0.43% | 2,722,101 | $81.0M | Add +18.6% |
| XLY SS Consumer Disc Select Sect | 0.43% | 406,690 | $80.3M | Reduce -12.9% |
| AFL Aflac Inc. | 0.42% | 718,786 | $79.9M | Reduce -2.9% |
| VEA Vanguard Ftse Developed ETF | 0.42% | 1,551,137 | $78.8M | Add +0.5% |
| CNI Canadian Natl Railway Co. | 0.42% | 646,978 | $78.2M | Reduce -29.8% |
| WMB Williams Cos Inc. | 0.41% | 1,305,677 | $78.0M | Reduce -0.1% |
| BAM Brookfield Asset Mgmt-A | 0.41% | 1,603,608 | $77.7M | Add +60.5% |
| CMG Chipotle Mexican Grill Inc. | 0.40% | 1,506,035 | $75.6M | Add +68.9% |
| HON Honeywell International Inc. | 0.40% | 356,814 | $75.6M | Reduce -2.0% |
| GRTUF Granite Real Estate Investme | 0.40% | 1,612,838 | $75.1M | Add +5.3% |
| COST Costco Wholesale Corp. | 0.39% | 78,276 | $74.0M | Add +104.9% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.38% | 634,805 | $71.1M | Reduce -35.3% |
| XLV SS Health Care Select Sector | 0.38% | 485,894 | $70.9M | Reduce -48.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.37% | 269,491 | $69.3M | Reduce -1.9% |
| IBN Icici Bank Ltd.-Spon ADR | 0.37% | 2,188,965 | $69.0M | Add +31.7% |
| XLC SS Comm Select Sector SPDR | 0.36% | 706,422 | $68.1M | Reduce -2.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 1,627,540 | $67.9M | Add +67.3% |
| APH Amphenol Corp. Class A | 0.36% | 1,024,293 | $67.2M | Add +175.2% |
| NTR Nutrien Ltd. | 0.35% | 1,005,410 | $66.1M | Reduce -2.6% |
| AER Aercap Holdings NV | 0.35% | 646,726 | $66.1M | Reduce -41.2% |
| TRP TC Energy Corp. | 0.35% | 1,063,256 | $65.5M | Add +24.1% |
| ACN Accenture PLC Class A | 0.34% | 202,472 | $63.2M | Add +7.4% |
| INTU Intuit Inc. | 0.33% | 101,446 | $62.3M | Reduce -59.4% |
| WCN Waste Connections Inc. | 0.32% | 304,825 | $59.4M | Reduce -29.6% |
| CRM Salesforce Inc. | 0.31% | 219,745 | $59.0M | Add +3824.7% |
| FNCL Fidelity MSCI Financial Indx | 0.31% | 828,934 | $57.6M | Add +10.4% |
| VGT Vanguard Info Tech ETF | 0.30% | 103,968 | $56.4M | Reduce -9.4% |
| CCL Carnival Corp. | 0.30% | 2,871,219 | $56.1M | Add +14603.8% |
| TRI Thomson Reuters Corp. | 0.30% | 321,168 | $56.0M | Reduce -30.5% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.30% | 313,183 | $56.0M | Add +85.5% |
Other holdings (58): bonds, preferreds, convertibles and warrants · $99.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 3,500 | $4.3M | No change |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 5,100,000 | $4.1M | Reduce -8.9% |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 4,100,000 | $3.3M | Add +32.3% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 40,000 | $2.9M | Add +5.3% |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 850,000 | $2.9M | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 2,300 | $2.8M | No change |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 1,175,000 | $2.8M | No change |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | 1,125,000 | $2.7M | Add +50.0% |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 3,150,000 | $2.7M | New |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 2,000,000 | $2.6M | No change |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 3,250,000 | $2.4M | New |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | 1,750,000 | $2.3M | Reduce -15.7% |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 550,000 | $2.3M | No change |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 2,100,000 | $2.2M | No change |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,725,000 | $2.1M | No change |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 1,900,000 | $2.1M | Reduce -13.6% |
| HUBSPOT INC (HUBS 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 1,000,000 | $2.0M | Add +53.9% |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | 600,000 | $1.9M | New |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 1,100,000 | $1.9M | Reduce -43.6% |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 1,600,000 | $1.9M | No change |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 750,000 | $1.8M | Reduce -25.0% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 1,600,000 | $1.8M | Add +60.0% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 1,325,000 | $1.8M | Reduce -24.3% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 1,650,000 | $1.8M | Reduce -30.5% |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | 1,675,000 | $1.8M | Reduce -57.6% |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 1,100,000 | $1.6M | Add +29.4% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 1,350,000 | $1.6M | New |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | 650,000 | $1.5M | Add +23.8% |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,175,000 | $1.5M | No change |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 1,000,000 | $1.5M | No change |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | 2,480,000 | $1.4M | Reduce -33.9% |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 1,654,000 | $1.4M | Reduce -33.8% |
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | 1,650,000 | $1.4M | No change |
| BLOOM ENERGY CORP (BE 2.5 08/15/25) | NOTE 2.500% 8/1 · principal | 1,050,000 | $1.3M | No change |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | 8,618,000 | $1.3M | No change |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 1,275,000 | $1.3M | Reduce -56.0% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 875,000 | $1.2M | No change |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | 1,000,000 | $1.2M | No change |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 25,000 | $1.2M | Add +25.0% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 950,000 | $1.2M | Reduce -15.6% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 1,000,000 | $1.2M | No change |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 450,000 | $1.2M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 1,000,000 | $1.1M | Reduce -25.1% |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 700,000 | $1.1M | No change |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | 825,000 | $1.1M | New |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | 3,250,000 | $1.1M | New |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 1,075,000 | $1.0M | No change |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 1,050,000 | $1.0M | No change |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 1,125,000 | $1.0M | No change |
| GUARDANT HEALTH INC (GH 1.25 02/15/31) | DEBT 1.250% 2/1 · principal | 1,000,000 | $1.0M | New |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 800,000 | $1.0M | New |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 1,025,000 | $993K | No change |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | 400,000 | $984K | No change |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 20,000 | $973K | New |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 700,000 | $973K | No change |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 725,000 | $956K | Reduce -51.7% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 900,000 | $909K | New |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 750,000 | $731K | Add +25.0% |
Total filed on the 13F, all lines: $18.9B.
Portfolio Sells Q4 2024 → Q1 2025
| XLK SS Technology Select Sector | Reduce -54.3% | 1.28% | −1.69 |
| NVDA Nvidia Corp. | Reduce -12.4% | 3.41% | −1.14 |
| IRM Iron Mountain Inc. | Sold out | 0.00% | −1.12 |
| TMUS T-Mobile US Inc. | Reduce -99.5% | 0.01% | −1.11 |
| HEI Heico Corp. | Reduce -98.7% | 0.02% | −1.10 |
| CEG Constellation Energy | Reduce -98.5% | 0.01% | −1.00 |
| PWR Quanta Services Inc. | Reduce -49.0% | 0.52% | −0.67 |
| RJF Raymond James Financial Inc. | Reduce -31.9% | 1.20% | −0.65 |
| HUBS HubSpot Inc. | Reduce -34.6% | 0.80% | −0.60 |
| SNPS Synopsys Inc. | Reduce -99.7% | 0.00% | −0.53 |
| UNH Unitedhealth Group Inc. | Reduce -70.3% | 0.25% | −0.52 |
| ICE Intercontinental Exchange Inc. | Reduce -44.5% | 1.09% | −0.51 |
| INTU Intuit Inc. | Reduce -59.4% | 0.33% | −0.45 |
| VST Vistra Corp. | Reduce -99.2% | 0.00% | −0.35 |
| NEE Nextera Energy Inc. | Reduce -82.0% | 0.08% | −0.34 |
| SHOP Shopify Inc. Class A | Reduce -37.0% | 0.51% | −0.34 |
| XLV SS Health Care Select Sector | Reduce -48.3% | 0.38% | −0.27 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.25 |
| NOW ServiceNow Inc. | Reduce -1.6% | 0.89% | −0.25 |
| RCI Rogers Communications Inc. Class B | Reduce -49.4% | 0.29% | −0.22 |
| AMP Ameriprise Financial Inc. | Reduce -18.6% | 0.81% | −0.22 |
| VRT Vertiv Holdings Co. Class A | Reduce -99.0% | 0.00% | −0.19 |
| DUOL Duolingo | Reduce -42.5% | 0.25% | −0.18 |
| AER Aercap Holdings NV | Reduce -41.2% | 0.35% | −0.18 |
| CNQ Canadian Natural Resources | Reduce -19.9% | 0.98% | −0.17 |
| LRCX Lam Research Corp. | Reduce -30.5% | 0.47% | −0.16 |
| ROK Rockwell Automation Inc. | Reduce -83.1% | 0.03% | −0.16 |
| BNS Bank of Nova Scotia | Sold out | 0.00% | −0.15 |
| BMO Bank of Montreal | Reduce -35.3% | 0.38% | −0.15 |
| ENB Enbridge Inc. | Reduce -26.1% | 0.77% | −0.15 |
| MSFT Microsoft Corp. | Reduce -4.1% | 1.36% | −0.14 |
| TD Toronto-Dominion Bank | Reduce -26.4% | 1.36% | −0.14 |
| J Jacobs Solutions Inc. | Reduce -90.1% | 0.01% | −0.13 |
| CNI Canadian Natl Railway Co. | Reduce -29.8% | 0.42% | −0.13 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.11 |
| XLY SS Consumer Disc Select Sect | Reduce -12.9% | 0.43% | −0.10 |
| LLY Eli Lilly & Co. | Reduce -15.5% | 2.21% | −0.10 |
| GVA Granite Construction Inc. | Sold out | 0.00% | −0.09 |
| TFII Tfi International Inc. | Reduce -13.0% | 0.10% | −0.09 |
| FDIS Fidelity MSCI Cons Discr Ind | Reduce -35.8% | 0.12% | −0.08 |
| CLH Clean Harbors Inc. | Sold out | 0.00% | −0.08 |
| TRI Thomson Reuters Corp. | Reduce -30.5% | 0.30% | −0.08 |
| EXP Eagle Materials Inc. | Sold out | 0.00% | −0.07 |
| AXON Axon Enterprise Inc. | Reduce -2.0% | 0.77% | −0.07 |
| HQY Healthequity Inc. | Sold out | 0.00% | −0.07 |
| DE Deere & Co. | Sold out | 0.00% | −0.06 |
| VGT Vanguard Info Tech ETF | Reduce -9.4% | 0.30% | −0.06 |
| SPXC SPX Technologies Inc. | Sold out | 0.00% | −0.06 |
| RH RH | Sold out | 0.00% | −0.06 |
| WCN Waste Connections Inc. | Reduce -29.6% | 0.32% | −0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| GOOGL Alphabet Inc. Class A | Add +264.2% | 2.49% | +1.70 |
| ARES Ares Management Corp. Class A | New | 1.19% | +1.19 |
| EXE Expand Energy Corp. | Add +83.5% | 2.15% | +1.16 |
| HOOD Robinhood Markets Inc. Class A | Add +286.0% | 1.27% | +0.99 |
| CRH CRH PLC | Add +195.0% | 1.43% | +0.95 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +41011.0% | 0.92% | +0.92 |
| UBER Uber Technologies Inc. | New | 0.66% | +0.66 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +80.3% | 1.19% | +0.57 |
| META Meta Platforms Inc. Class A | Add +29.0% | 2.15% | +0.55 |
| KKR KKR & Co. Inc. | Add +8851.7% | 0.53% | +0.53 |
| SE Sea Ltd.-ADR | Add +171.3% | 0.68% | +0.49 |
| DKNG Draftkings Inc. Class A | New | 0.44% | +0.44 |
| LNG Cheniere Energy Inc. | Add +56.3% | 0.90% | +0.39 |
| CRM Salesforce Inc. | Add +3824.7% | 0.31% | +0.30 |
| CCL Carnival Corp. | Add +14603.8% | 0.30% | +0.30 |
| CCEP Coca-Cola Europacific Partne | Add +13956.3% | 0.27% | +0.27 |
| APH Amphenol Corp. Class A | Add +175.2% | 0.36% | +0.23 |
| COST Costco Wholesale Corp. | Add +104.9% | 0.39% | +0.22 |
| CM Can Imperial BK of Commerce | Add +980.9% | 0.23% | +0.21 |
| RY Royal Bank of Canada | Add +15.8% | 1.75% | +0.19 |
| MFC Manulife Financial Corp. | Add +63.7% | 0.48% | +0.18 |
| TMO Thermo Fisher Scientific Inc. | Add +47.3% | 0.52% | +0.17 |
| MELI MercadoLibre Inc. | Add +11.1% | 0.61% | +0.16 |
| MSI Motorola Solutions Inc. | Add +35.3% | 0.57% | +0.15 |
| BAC Bank of America Corp. | Add +67.3% | 0.36% | +0.15 |
| BAM Brookfield Asset Mgmt-A | Add +60.5% | 0.41% | +0.14 |
| MTB M & T Bank Corp. | Add +85.5% | 0.30% | +0.14 |
| CMG Chipotle Mexican Grill Inc. | Add +68.9% | 0.40% | +0.13 |
| CP Canadian Pacific Kansas City | Add +23.0% | 0.63% | +0.13 |
| JCI Johnson Controls Internation | Add +83.2% | 0.25% | +0.12 |
| IBN Icici Bank Ltd.-Spon ADR | Add +31.7% | 0.37% | +0.12 |
| ADI Analog Devices Inc. | Add +20.3% | 0.64% | +0.11 |
| ETN Eaton Corp. PLC | Add +35.7% | 0.71% | +0.11 |
| WMT Walmart Inc. | Add +535.9% | 0.12% | +0.10 |
| BIRK Birkenstock Holding PLC | Add +79.9% | 0.29% | +0.10 |
| HD Home Depot Inc. | Add +17.7% | 0.62% | +0.09 |
| JNJ Johnson & Johnson | Add +0.4% | 0.51% | +0.09 |
| BN Brookfield Corp. | Add +20.1% | 0.63% | +0.09 |
| ISRG Intuitive Surgical Inc. | Add +3.0% | 2.27% | +0.08 |
| AR Antero Resources Corp. | Add +276.7% | 0.10% | +0.08 |
| TRP TC Energy Corp. | Add +24.1% | 0.35% | +0.07 |
| MS Morgan Stanley | Add +55.9% | 0.20% | +0.07 |
| TW Tradeweb Markets Inc. Class A | Add +2166.7% | 0.07% | +0.07 |
| WH Wyndham Hotels & Resorts Inc. | Add +520.3% | 0.08% | +0.07 |
| BIP Brookfield Infrastructure Pa | Add +18.6% | 0.43% | +0.06 |
| NTNX Nutanix Inc. Class A | New | 0.06% | +0.06 |
| DOCS Doximity Inc. Class A | New | 0.06% | +0.06 |
| ARGX Argenx SE - ADR | New | 0.06% | +0.06 |
| FIDU Fidelity MSCI Indust Indx | Add +107.4% | 0.10% | +0.06 |
| AMT American Tower Corp. | Add +20.1% | 0.16% | +0.05 |
Notes & Other Activity Q4 2024 → Q1 2025
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | Reduce -8.9% | 5,100,000 | $4.1M |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Sold out | 5,400,000 | $3.9Mbefore exit |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | Sold out | 4,000,000 | $3.7Mbefore exit |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | Sold out | 3,000,000 | $3.5Mbefore exit |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | Add +32.3% | 4,100,000 | $3.3M |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | Sold out | 3,500,000 | $3.1Mbefore exit |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Add +5.3% | 40,000 | $2.9M |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | Sold out | 3,305,000 | $2.8Mbefore exit |
| IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26) | NOTE 1.500% 6/1 · principal | Sold out | 3,000,000 | $2.7Mbefore exit |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | Add +50.0% | 1,125,000 | $2.7M |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | New | 3,150,000 | $2.7M |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | Sold out | 4,000,000 | $2.7Mbefore exit |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | Sold out | 1,200,000 | $2.7Mbefore exit |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | New | 3,250,000 | $2.4M |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | Reduce -15.7% | 1,750,000 | $2.3M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Reduce -13.6% | 1,900,000 | $2.1M |
| HUBSPOT INC (HUBS 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Add +53.9% | 1,000,000 | $2.0M |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | New | 600,000 | $1.9M |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | Reduce -43.6% | 1,100,000 | $1.9M |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | Reduce -25.0% | 750,000 | $1.8M |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Sold out | 1,175,000 | $1.8Mbefore exit |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Add +60.0% | 1,600,000 | $1.8M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Reduce -24.3% | 1,325,000 | $1.8M |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Reduce -30.5% | 1,650,000 | $1.8M |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | Reduce -57.6% | 1,675,000 | $1.8M |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Add +29.4% | 1,100,000 | $1.6M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | New | 1,350,000 | $1.6M |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | Add +23.8% | 650,000 | $1.5M |
| VARONIS SYSTEM INC (VRNS 1.25 08/15/25) | NOTE 1.250% 8/1 · principal | Sold out | 1,000,000 | $1.5Mbefore exit |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | Sold out | 1,500,000 | $1.4Mbefore exit |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | Reduce -33.9% | 2,480,000 | $1.4M |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | Reduce -33.8% | 1,654,000 | $1.4M |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | Sold out | 8,792,000 | $1.3Mbefore exit |
| ALTAIR ENGINEERING INC (ALTR 1.75 06/15/27) | NOTE 1.750% 6/1 · principal | Sold out | 850,000 | $1.3Mbefore exit |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | Reduce -56.0% | 1,275,000 | $1.3M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Add +25.0% | 25,000 | $1.2M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Reduce -15.6% | 950,000 | $1.2M |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | Reduce -25.1% | 1,000,000 | $1.1M |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | Sold out | 1,250,000 | $1.1Mbefore exit |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | New | 825,000 | $1.1M |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | New | 3,250,000 | $1.1M |
| GUARDANT HEALTH INC (GH 1.25 02/15/31) | DEBT 1.250% 2/1 · principal | New | 1,000,000 | $1.0M |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | New | 800,000 | $1.0M |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | New | 20,000 | $973K |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | Reduce -51.7% | 725,000 | $956K |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | New | 900,000 | $909K |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +25.0% | 750,000 | $731K |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Sold out | 10,000 | $407Kbefore exit |
| COHERUS ONCOLOGY INC (CHRS 1.5 04/15/26) | NOTE 1.500% 4/1 · principal | Sold out | 400,000 | $386Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 589 | $25.6B | NVDA, GOOGL, AMZN, LLY, AMAT |
| Q1 2026 | 577 | $22.2B | NVDA, GOOGL, AMZN, LIN, RY |
| Q4 2025 | 577 | $22.9B | NVDA, GOOGL, AAPL, AVGO, AMZN |
| Q3 2025 | 570 | $22.5B | NVDA, AAPL, GOOGL, META, AVGO |
| Q2 2025 | 558 | $21.9B | NVDA, META, AVGO, GOOGL, AMZN |
| Q1 2025 | 597 | $18.8B | AMZN, NVDA, BSX, GOOGL, ISRG |
| Q4 2024 | 619 | $20.0B | NVDA, AMZN, XLK, LLY, ISRG |
| Q3 2024 | 601 | $19.6B | NVDA, AMZN, LLY, ISRG, BSX |
| Q2 2024 | 611 | $17.9B | NVDA, AMZN, LLY, ISRG, BSX |
| Q1 2024 | 638 | $17.9B | AMZN, NVDA, LLY, ISRG, BSX |