Agf Management Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Agf Management Ltd. reported 558 stock positions worth $21.9 billion. Its top holding was Nvidia (NVDA) at 3.9% of the portfolio, followed by Meta Platforms Class A (META, 3.1%) and Broadcom (AVGO, 2.9%). Compared with Q1 2025, it opened 82 new positions, sold out of 121, added to 252 and reduced 205. The biggest buy was Goldman Sachs (GS, shares +2430%) and the biggest sale CRH (CRH, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001003518
- Portfolio Value
- $21.9B (Q2 2025)
- SEC Filing
- 0000945621-25-000654 ↗ filed Aug 6, 2025
Holdings Value
Holdings 558 stocks · $21.9B
| NVDA Nvidia Corp. | 3.91% | 5,409,643 | $854.7M | Reduce -8.8% |
| META Meta Platforms Inc. Class A | 3.10% | 918,035 | $677.6M | Add +30.8% |
| AVGO Broadcom Inc. | 2.94% | 2,328,813 | $641.9M | Add +27.1% |
| GOOGL Alphabet Inc. Class A | 2.27% | 2,817,584 | $496.5M | Reduce -7.3% |
| AMZN Amazon.com Inc. | 2.10% | 2,088,162 | $458.1M | Reduce -39.5% |
| EXE Expand Energy Corp. | 2.06% | 3,858,041 | $451.2M | Add +6.2% |
| HOOD Robinhood Markets Inc. Class A | 1.92% | 4,472,995 | $418.8M | Reduce -22.1% |
| RY Royal Bank of Canada | 1.87% | 2,816,548 | $408.3M | Add +9.1% |
| BSX Boston Scientific Corp. | 1.59% | 3,234,622 | $347.4M | Reduce -31.9% |
| GS Goldman Sachs Group Inc. | 1.57% | 485,375 | $343.5M | Add +2429.6% |
| LHX L3HARRIS Technologies Inc. | 1.49% | 1,295,408 | $324.9M | New |
| WMT Walmart Inc. | 1.48% | 3,317,487 | $324.4M | Add +1176.6% |
| MSFT Microsoft Corp. | 1.45% | 639,230 | $318.0M | Reduce -6.3% |
| XLK SS Technology Select Sector | 1.38% | 1,195,060 | $302.6M | Add +2.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.37% | 587,220 | $299.1M | Add +19.1% |
| TD Toronto-Dominion Bank | 1.32% | 3,454,956 | $289.3M | Reduce -6.1% |
| LPLA LPL Financial Holdings Inc. | 1.31% | 765,024 | $286.9M | Add +74.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.29% | 3,076,049 | $282.2M | Add +25.4% |
| APH Amphenol Corp. Class A | 1.26% | 2,790,987 | $275.6M | Add +172.5% |
| AXON Axon Enterprise Inc. | 1.17% | 307,630 | $254.7M | Add +10.9% |
| CCJ Cameco Corp. | 1.15% | 3,378,415 | $250.8M | Reduce -16.3% |
| ISRG Intuitive Surgical Inc. | 1.15% | 461,604 | $250.8M | Reduce -46.5% |
| LLY Eli Lilly & Co. | 1.13% | 315,701 | $246.1M | Reduce -37.4% |
| ICE Intercontinental Exchange Inc. | 1.08% | 1,292,061 | $237.1M | Add +8.3% |
| SPOT Spotify Technology SA | 1.01% | 287,167 | $220.4M | Add +0.2% |
| NOW ServiceNow Inc. | 0.99% | 209,649 | $215.5M | Reduce -0.3% |
| HWM Howmet Aerospace Inc. | 0.98% | 1,154,155 | $214.8M | Reduce -29.8% |
| ARES Ares Management Corp. Class A | 0.97% | 1,218,249 | $211.0M | Reduce -20.3% |
| ABBV Abbvie Inc. | 0.96% | 1,133,774 | $210.5M | Add +47.7% |
| NFLX Netflix Inc. | 0.95% | 155,870 | $208.7M | Add +6440.9% |
| UBER Uber Technologies Inc. | 0.95% | 2,218,136 | $207.0M | Add +30.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.89% | 641,572 | $195.1M | Add +0.1% |
| V Visa Inc. Class A | 0.86% | 529,162 | $187.9M | Add +25.0% |
| LNG Cheniere Energy Inc. | 0.81% | 729,886 | $177.7M | Add +0.1% |
| ENB Enbridge Inc. | 0.80% | 3,549,041 | $174.9M | Add +21.8% |
| JPM JPMorgan Chase & Co. | 0.79% | 599,394 | $173.8M | Add +2.8% |
| TSLA Tesla Inc. | 0.79% | 545,090 | $173.2M | Add +8972.7% |
| CNQ Canadian Natural Resources | 0.75% | 4,968,353 | $163.4M | Reduce -13.0% |
| SU Suncor Energy Inc. | 0.71% | 3,568,948 | $155.2M | Add +24.1% |
| AEM Agnico Eagle Mines Ltd. | 0.70% | 1,285,079 | $153.1M | Add +2.8% |
| BN Brookfield Corp. | 0.69% | 2,438,241 | $151.4M | Add +7.2% |
| CP Canadian Pacific Kansas City | 0.66% | 1,820,873 | $144.8M | Add +7.3% |
| PWR Quanta Services Inc. | 0.66% | 378,953 | $143.3M | Reduce -0.9% |
| ETN Eaton Corp. PLC | 0.61% | 375,580 | $134.1M | Reduce -24.1% |
| ORCL Oracle Corp. | 0.61% | 612,838 | $134.0M | Add +180.7% |
| RCL Royal Caribbean Cruises Ltd. | 0.59% | 415,404 | $130.1M | Add +15211.6% |
| MELI MercadoLibre Inc. | 0.58% | 48,831 | $127.6M | Reduce -17.5% |
| ORLY O'reilly Automotive Inc. | 0.58% | 1,409,895 | $127.1M | Add +3513.7% |
| WM Waste Management Inc. | 0.58% | 552,731 | $126.5M | Add +1.9% |
| SE Sea Ltd.-ADR | 0.57% | 783,729 | $125.3M | Reduce -20.3% |
| VOO Vanguard S&P 500 ETF | 0.56% | 214,437 | $121.8M | Add +3.4% |
| WCN Waste Connections Inc. | 0.56% | 651,596 | $121.7M | Add +113.8% |
| FTEC Fidelity MSCI Info Tech Indx | 0.56% | 617,076 | $121.7M | Add +1.5% |
| EMBJ Embraer SA-Spon ADR | 0.55% | 2,127,824 | $121.1M | Add +541.2% |
| MFC Manulife Financial Corp. | 0.55% | 3,354,807 | $119.7M | Add +37.9% |
| MDLZ Mondelez International Inc. Class A | 0.54% | 1,737,816 | $117.2M | Add +4.4% |
| PM Philip Morris International | 0.53% | 641,656 | $116.9M | Add +0.1% |
| KKR KKR & Co. Inc. | 0.53% | 863,946 | $114.9M | Reduce -0.7% |
| IBKR Interactive Brokers Gro Class A | 0.52% | 2,064,368 | $114.4M | Reduce -7.6% |
| PRI Primerica Inc. | 0.52% | 416,917 | $114.1M | Reduce -34.4% |
| MSI Motorola Solutions Inc. | 0.52% | 268,342 | $112.8M | Add +9.8% |
| XLF SS Financial Select Sector | 0.51% | 2,118,018 | $110.9M | Reduce -24.2% |
| HD Home Depot Inc. | 0.50% | 295,818 | $108.5M | Reduce -6.6% |
| XLC SS Comm Select Sector SPDR | 0.49% | 991,272 | $107.6M | Add +40.3% |
| IBN Icici Bank Ltd.-Spon ADR | 0.49% | 3,167,611 | $106.6M | Add +44.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.49% | 862,030 | $106.5M | Reduce -42.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.47% | 454,945 | $103.0M | New |
| BIRK Birkenstock Holding PLC | 0.46% | 2,038,210 | $100.2M | Add +72.8% |
| SLF Sun Life Financial Inc. | 0.45% | 1,222,648 | $98.0M | Reduce -33.7% |
| CNI Canadian Natl Railway Co. | 0.45% | 800,550 | $97.4M | Add +23.7% |
| ADI Analog Devices Inc. | 0.42% | 384,972 | $91.6M | Reduce -36.0% |
| GEV GE Vernova Inc. | 0.42% | 172,995 | $91.5M | New |
| JNJ Johnson & Johnson | 0.42% | 595,962 | $91.0M | Add +3.5% |
| CB Chubb Ltd. | 0.41% | 312,955 | $90.7M | Add +3.8% |
| AAPL Apple Inc. | 0.41% | 436,387 | $89.5M | Reduce -33.9% |
| XLV SS Health Care Select Sector | 0.41% | 662,304 | $89.3M | Add +36.3% |
| VEA Vanguard Ftse Developed ETF | 0.41% | 1,557,137 | $88.8M | Add +0.4% |
| WMB Williams Cos Inc. | 0.40% | 1,388,536 | $87.2M | Add +6.3% |
| NOC Northrop Grumman Corp. | 0.39% | 172,310 | $86.2M | Add +5.5% |
| HON Honeywell International Inc. | 0.39% | 368,755 | $85.9M | Add +3.4% |
| CCEP Coca-Cola Europacific Partne | 0.39% | 925,726 | $85.8M | Add +55.5% |
| TMO Thermo Fisher Scientific Inc. | 0.38% | 205,857 | $83.5M | Add +4.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.38% | 1,758,185 | $83.2M | Add +8.0% |
| BIP Brookfield Infrastructure Pa | 0.38% | 2,475,583 | $82.9M | Reduce -9.1% |
| NTR Nutrien Ltd. | 0.38% | 1,147,520 | $82.4M | Add +14.1% |
| PBA Pembina Pipeline Corp. | 0.37% | 2,158,772 | $81.1M | Add +108.0% |
| PG The Procter & Gamble Co. | 0.37% | 501,258 | $79.9M | Add +1201.9% |
| XLP SS Consumer Staples Sel Sect | 0.36% | 981,362 | $79.5M | Add +54.1% |
| COST Costco Wholesale Corp. | 0.36% | 79,714 | $78.9M | Add +1.8% |
| AFL Aflac Inc. | 0.36% | 744,040 | $78.5M | Add +3.5% |
| TRP TC Energy Corp. | 0.36% | 1,326,456 | $77.9M | Add +24.8% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.35% | 606,948 | $77.1M | Reduce -4.4% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.35% | 268,518 | $76.6M | Reduce -0.4% |
| AER Aercap Holdings NV | 0.35% | 649,718 | $76.0M | Add +0.5% |
| HLT Hilton Worldwide Holdings Inc. | 0.34% | 279,836 | $74.5M | Reduce -44.4% |
| RCI Rogers Communications Inc. Class B | 0.33% | 1,800,421 | $72.6M | Add +28.1% |
| GRTUF Granite Real Estate Investme | 0.32% | 1,355,429 | $68.9M | Reduce -16.0% |
| VGT Vanguard Info Tech ETF | 0.31% | 103,220 | $68.5M | Reduce -0.7% |
| LIN Linde PLC | 0.30% | 141,624 | $66.4M | Reduce -51.2% |
| XLY SS Consumer Disc Select Sect | 0.30% | 298,933 | $65.0M | Reduce -26.5% |
Other holdings (66): bonds, preferreds, convertibles and warrants · $189.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 15,650,000 | $14.2M | Add +396.8% |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | 18,658,000 | $14.1M | New |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 13,925,000 | $13.2M | Add +992.2% |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 14,100,000 | $12.0M | Add +176.5% |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 16,350,000 | $11.6M | Add +403.1% |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 13,600,000 | $11.4M | Add +231.7% |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 8,654,000 | $7.2M | Add +423.2% |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 8,000,000 | $6.3M | New |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 3,100,000 | $3.9M | New |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | 1,525,000 | $3.7M | Add +35.6% |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | 3,000,000 | $3.6M | Add +71.4% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 4,500,000 | $3.2M | New |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 850,000 | $3.1M | Reduce -27.7% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 2,500 | $3.0M | Reduce -28.6% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 2,125,000 | $2.8M | New |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 1,400,000 | $2.6M | New |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 400,000 | $2.5M | Reduce -27.3% |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 40,000 | $2.5M | New |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 44,000 | $2.4M | New |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 2,000,000 | $2.3M | No change |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 1,650,000 | $2.2M | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 1,625,000 | $2.2M | New |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 28,000 | $2.1M | Reduce -30.0% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 2,100,000 | $2.1M | No change |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | 1,650,000 | $2.1M | New |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,175,000 | $2.1M | No change |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 1,900,000 | $2.0M | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,700 | $2.0M | Reduce -26.1% |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | 500,000 | $2.0M | Reduce -23.1% |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 1,100,000 | $2.0M | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 1,325,000 | $1.9M | No change |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 1,700,000 | $1.8M | New |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | 1,700,000 | $1.7M | New |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 1,050,000 | $1.6M | Add +50.0% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 1,500,000 | $1.6M | New |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 750,000 | $1.6M | Reduce -31.8% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,225,000 | $1.5M | Reduce -29.0% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 1,350,000 | $1.5M | Reduce -15.6% |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 1,200,000 | $1.4M | Reduce -25.0% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 950,000 | $1.4M | No change |
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | 1,650,000 | $1.3M | No change |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 1,125,000 | $1.3M | New |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 25,000 | $1.3M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 1,000,000 | $1.2M | No change |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 700,000 | $1.2M | No change |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 950,000 | $1.2M | Reduce -29.6% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 1,025,000 | $1.2M | New |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 1,125,000 | $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 |
| GUARDANT HEALTH INC (GH 1.25 02/15/31) | DEBT 1.250% 2/1 · principal | 1,000,000 | $1.2M | No change |
| 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 | $1.1M | No change |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 1,000,000 | $1.1M | New |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 16,000 | $1.1M | New |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 1,150,000 | $1.1M | New |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 1,075,000 | $1.1M | No change |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | 400,000 | $1.1M | No change |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 1,075,000 | $1.0M | New |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 1,050,000 | $1.0M | No change |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 675,000 | $1.0M | Reduce -32.5% |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 20,000 | $976K | No change |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 725,000 | $935K | No change |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | 825,000 | $918K | No change |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 700,000 | $888K | Reduce -20.0% |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | 8,618,000 | $500K | No change |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 200,000 | $203K | Reduce -73.3% |
Total filed on the 13F, all lines: $22.1B.
Portfolio Sells Q1 2025 → Q2 2025
| CRH CRH PLC | Reduce -98.4% | 0.02% | −1.40 |
| AMZN Amazon.com Inc. | Reduce -39.5% | 2.10% | −1.39 |
| RJF Raymond James Financial Inc. | Sold out | 0.00% | −1.20 |
| ISRG Intuitive Surgical Inc. | Reduce -46.5% | 1.15% | −1.12 |
| LLY Eli Lilly & Co. | Reduce -37.4% | 1.13% | −1.09 |
| BSX Boston Scientific Corp. | Reduce -31.9% | 1.59% | −0.95 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.81 |
| HUBS HubSpot Inc. | Reduce -99.7% | 0.00% | −0.79 |
| TJX TJX Companies Inc. | Reduce -42.3% | 0.49% | −0.48 |
| ACM Aecom | Sold out | 0.00% | −0.47 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.44 |
| LRCX Lam Research Corp. | Reduce -94.7% | 0.03% | −0.44 |
| PRI Primerica Inc. | Reduce -34.4% | 0.52% | −0.44 |
| SHOP Shopify Inc. Class A | Reduce -82.9% | 0.09% | −0.42 |
| LIN Linde PLC | Reduce -51.2% | 0.30% | −0.41 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.40 |
| AAPL Apple Inc. | Reduce -33.9% | 0.41% | −0.37 |
| INTU Intuit Inc. | Reduce -94.5% | 0.02% | −0.31 |
| CCL Carnival Corp. | Reduce -98.8% | 0.00% | −0.29 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -44.4% | 0.34% | −0.27 |
| XLF SS Financial Select Sector | Reduce -24.2% | 0.51% | −0.23 |
| CNQ Canadian Natural Resources | Reduce -13.0% | 0.75% | −0.23 |
| UNH Unitedhealth Group Inc. | Reduce -80.1% | 0.03% | −0.23 |
| ADI Analog Devices Inc. | Reduce -36.0% | 0.42% | −0.22 |
| ARES Ares Management Corp. Class A | Reduce -20.3% | 0.97% | −0.22 |
| GOOGL Alphabet Inc. Class A | Reduce -7.3% | 2.27% | −0.22 |
| SLF Sun Life Financial Inc. | Reduce -33.7% | 0.45% | −0.20 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.18 |
| BAM Brookfield Asset Mgmt-A | Reduce -42.6% | 0.23% | −0.18 |
| HWM Howmet Aerospace Inc. | Reduce -29.8% | 0.98% | −0.15 |
| XLE SS Energy Select Sector | Reduce -35.4% | 0.14% | −0.14 |
| XLY SS Consumer Disc Select Sect | Reduce -26.5% | 0.30% | −0.13 |
| HD Home Depot Inc. | Reduce -6.6% | 0.50% | −0.12 |
| FNCL Fidelity MSCI Financial Indx | Reduce -30.1% | 0.20% | −0.11 |
| MCD McDonald's Corp. | Reduce -39.0% | 0.11% | −0.11 |
| ACN Accenture PLC Class A | Reduce -18.1% | 0.23% | −0.11 |
| SE Sea Ltd.-ADR | Reduce -20.3% | 0.57% | −0.11 |
| ETN Eaton Corp. PLC | Reduce -24.1% | 0.61% | −0.10 |
| TFII Tfi International Inc. | Sold out | 0.00% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -15.3% | 0.18% | −0.09 |
| GRTUF Granite Real Estate Investme | Reduce -16.0% | 0.32% | −0.08 |
| NTRA Natera Inc. | Reduce -89.0% | 0.01% | −0.08 |
| BRBR Bellring Brands Inc. | Sold out | 0.00% | −0.08 |
| CRM Salesforce Inc. | Reduce -10.1% | 0.25% | −0.07 |
| SFM Sprouts Farmers Market Inc. | Reduce -32.9% | 0.10% | −0.06 |
| MTB M & T Bank Corp. | Reduce -15.2% | 0.24% | −0.06 |
| DOCS Doximity Inc. Class A | Sold out | 0.00% | −0.06 |
| ARGX Argenx SE - ADR | Sold out | 0.00% | −0.06 |
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −0.06 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.06 |
Portfolio Buys Q1 2025 → Q2 2025
| GS Goldman Sachs Group Inc. | Add +2429.6% | 1.57% | +1.52 |
| LHX L3HARRIS Technologies Inc. | New | 1.49% | +1.49 |
| WMT Walmart Inc. | Add +1176.6% | 1.48% | +1.36 |
| AVGO Broadcom Inc. | Add +27.1% | 2.94% | +1.31 |
| META Meta Platforms Inc. Class A | Add +30.8% | 3.10% | +0.95 |
| NFLX Netflix Inc. | Add +6440.9% | 0.95% | +0.94 |
| APH Amphenol Corp. Class A | Add +172.5% | 1.26% | +0.90 |
| TSLA Tesla Inc. | Add +8972.7% | 0.79% | +0.78 |
| RCL Royal Caribbean Cruises Ltd. | Add +15211.6% | 0.59% | +0.59 |
| ORLY O'reilly Automotive Inc. | Add +3513.7% | 0.58% | +0.56 |
| LPLA LPL Financial Holdings Inc. | Add +74.9% | 1.31% | +0.55 |
| EMBJ Embraer SA-Spon ADR | Add +541.2% | 0.55% | +0.47 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.47% | +0.47 |
| ORCL Oracle Corp. | Add +180.7% | 0.61% | +0.45 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +19.1% | 1.37% | +0.45 |
| GEV GE Vernova Inc. | New | 0.42% | +0.42 |
| AXON Axon Enterprise Inc. | Add +10.9% | 1.17% | +0.39 |
| PG The Procter & Gamble Co. | Add +1201.9% | 0.37% | +0.33 |
| UBER Uber Technologies Inc. | Add +30.4% | 0.95% | +0.29 |
| PAAS Pan American Silver Corp. | New | 0.27% | +0.27 |
| WCN Waste Connections Inc. | Add +113.8% | 0.56% | +0.24 |
| TU Telus Corp. | Add +313.3% | 0.23% | +0.17 |
| SPOT Spotify Technology SA | Add +0.2% | 1.01% | +0.17 |
| BIRK Birkenstock Holding PLC | Add +72.8% | 0.46% | +0.17 |
| PBA Pembina Pipeline Corp. | Add +108.0% | 0.37% | +0.15 |
| BNS Bank of Nova Scotia | New | 0.14% | +0.14 |
| XLC SS Comm Select Sector SPDR | Add +40.3% | 0.49% | +0.13 |
| IBN Icici Bank Ltd.-Spon ADR | Add +44.7% | 0.49% | +0.12 |
| RY Royal Bank of Canada | Add +9.1% | 1.87% | +0.12 |
| CCEP Coca-Cola Europacific Partne | Add +55.5% | 0.39% | +0.12 |
| ABBV Abbvie Inc. | Add +47.7% | 0.96% | +0.11 |
| XLK SS Technology Select Sector | Add +2.2% | 1.38% | +0.10 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +25.4% | 1.29% | +0.10 |
| NET Cloudflare Inc. Class A | New | 0.09% | +0.09 |
| XLP SS Consumer Staples Sel Sect | Add +54.1% | 0.36% | +0.09 |
| CW Curtiss-Wright Corp. | New | 0.08% | +0.08 |
| AZO AutoZone Inc. | Add +414.3% | 0.11% | +0.08 |
| V Visa Inc. Class A | Add +25.0% | 0.86% | +0.07 |
| MFC Manulife Financial Corp. | Add +37.9% | 0.55% | +0.07 |
| CLS Celestica Inc. | New | 0.07% | +0.07 |
| JBL Jabil Inc. | Add +1721.1% | 0.07% | +0.06 |
| KTOS Kratos Defense & Security | New | 0.06% | +0.06 |
| KO The Coca-Cola Co. | Add +257.4% | 0.09% | +0.06 |
| TTWO Take-Two Interactive Softwre | New | 0.06% | +0.06 |
| BN Brookfield Corp. | Add +7.2% | 0.69% | +0.06 |
| GGAL Grupo Financiero Galicia-ADR | New | 0.06% | +0.06 |
| PGR Progressive Corp. | Add +218.1% | 0.09% | +0.06 |
| CM Can Imperial BK of Commerce | Add +15.2% | 0.29% | +0.06 |
| GWRE Guidewire Software Inc. | Add +379.0% | 0.07% | +0.06 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +123.8% | 0.11% | +0.06 |
Notes & Other Activity Q1 2025 → Q2 2025
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | Add +396.8% | 15,650,000 | $14.2M |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | New | 18,658,000 | $14.1M |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | Add +992.2% | 13,925,000 | $13.2M |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | Add +176.5% | 14,100,000 | $12.0M |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | Add +403.1% | 16,350,000 | $11.6M |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | Add +231.7% | 13,600,000 | $11.4M |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | Add +423.2% | 8,654,000 | $7.2M |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | New | 8,000,000 | $6.3M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | New | 3,100,000 | $3.9M |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | Add +35.6% | 1,525,000 | $3.7M |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | Add +71.4% | 3,000,000 | $3.6M |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | New | 4,500,000 | $3.2M |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Reduce -27.7% | 850,000 | $3.1M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -28.6% | 2,500 | $3.0M |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Sold out | 850,000 | $2.9Mbefore exit |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | New | 2,125,000 | $2.8M |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | New | 1,400,000 | $2.6M |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | Reduce -27.3% | 400,000 | $2.5M |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | New | 40,000 | $2.5M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | New | 44,000 | $2.4M |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | New | 1,625,000 | $2.2M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -30.0% | 28,000 | $2.1M |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | New | 1,650,000 | $2.1M |
| HUBSPOT INC (HUBS 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Sold out | 1,000,000 | $2.0Mbefore exit |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -26.1% | 1,700 | $2.0M |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | Reduce -23.1% | 500,000 | $2.0M |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | Sold out | 600,000 | $1.9Mbefore exit |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | Sold out | 750,000 | $1.8Mbefore exit |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | New | 1,700,000 | $1.8M |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | Sold out | 1,675,000 | $1.8Mbefore exit |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | New | 1,700,000 | $1.7M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Add +50.0% | 1,050,000 | $1.6M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | New | 1,500,000 | $1.6M |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | Reduce -31.8% | 750,000 | $1.6M |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Reduce -29.0% | 1,225,000 | $1.5M |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Reduce -15.6% | 1,350,000 | $1.5M |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | Reduce -25.0% | 1,200,000 | $1.4M |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | Sold out | 2,480,000 | $1.4Mbefore exit |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | New | 1,125,000 | $1.3M |
| BLOOM ENERGY CORP (BE 2.5 08/15/25) | NOTE 2.500% 8/1 · principal | Sold out | 1,050,000 | $1.3Mbefore exit |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Reduce -29.6% | 950,000 | $1.2M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | New | 1,025,000 | $1.2M |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | New | 1,000,000 | $1.1M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | New | 16,000 | $1.1M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | New | 1,150,000 | $1.1M |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | Sold out | 3,250,000 | $1.1Mbefore exit |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | New | 1,075,000 | $1.0M |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | Sold out | 800,000 | $1.0Mbefore exit |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Reduce -32.5% | 675,000 | $1.0M |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | Sold out | 1,025,000 | $993Kbefore exit |
Showing the first 50 of 53.
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 |