Agf Management Ltd.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Agf Management Ltd. reported 570 stock positions worth $22.5 billion. Its top holding was Nvidia (NVDA) at 4.4% of the portfolio, followed by Apple (AAPL, 3.4%) and Alphabet Class A (GOOGL, 3.0%). Compared with Q2 2025, it opened 62 new positions, sold out of 50, added to 252 and reduced 234. The biggest buy was Apple (AAPL, shares +586%) and the biggest sale Expand Energy (EXE, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001003518
- Portfolio Value
- $22.5B (Q3 2025)
- SEC Filing
- 0000945621-25-001012 ↗ filed Nov 4, 2025
Holdings Value
Holdings 570 stocks · $22.5B
| NVDA Nvidia Corp. | 4.38% | 5,280,251 | $985.2M | Reduce -2.4% |
| AAPL Apple Inc. | 3.39% | 2,994,700 | $762.5M | Add +586.3% |
| GOOGL Alphabet Inc. Class A | 3.01% | 2,780,541 | $675.9M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 2.97% | 909,972 | $668.3M | Reduce -0.9% |
| AVGO Broadcom Inc. | 2.69% | 1,830,573 | $603.9M | Reduce -21.4% |
| GS Goldman Sachs Group Inc. | 2.11% | 596,524 | $475.0M | Add +22.9% |
| LHX L3HARRIS Technologies Inc. | 2.04% | 1,500,887 | $458.4M | Add +15.9% |
| AMZN Amazon.com Inc. | 2.02% | 2,072,878 | $455.1M | Reduce -0.7% |
| RY Royal Bank of Canada | 1.76% | 2,388,941 | $396.6M | Reduce -15.2% |
| XLK SS Technology Select Sector | 1.57% | 1,249,161 | $352.1M | Add +4.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.56% | 6,800,314 | $350.8M | Add +286.8% |
| APH Amphenol Corp. Class A | 1.51% | 2,743,740 | $339.5M | Reduce -1.7% |
| WMT Walmart Inc. | 1.50% | 3,269,719 | $337.0M | Reduce -1.4% |
| UBER Uber Technologies Inc. | 1.42% | 3,265,882 | $320.0M | Add +47.2% |
| BSX Boston Scientific Corp. | 1.41% | 3,237,982 | $316.1M | Add +0.1% |
| TD Toronto-Dominion Bank | 1.38% | 3,373,021 | $310.4M | Reduce -2.4% |
| MSFT Microsoft Corp. | 1.36% | 591,282 | $306.3M | Reduce -7.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.29% | 591,700 | $290.2M | Add +0.8% |
| BKNG Booking Holdings Inc. | 1.18% | 49,277 | $266.1M | Add +4137.1% |
| HOOD Robinhood Markets Inc. Class A | 1.15% | 1,803,032 | $258.2M | Reduce -59.7% |
| TSLA Tesla Inc. | 1.09% | 550,663 | $244.9M | Add +1.0% |
| ORCL Oracle Corp. | 1.04% | 830,191 | $233.5M | Add +35.5% |
| ABBV Abbvie Inc. | 1.04% | 1,007,152 | $233.2M | Reduce -11.2% |
| ICE Intercontinental Exchange Inc. | 1.03% | 1,376,952 | $232.0M | Add +6.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.93% | 640,254 | $210.1M | Reduce -0.2% |
| V Visa Inc. Class A | 0.93% | 610,580 | $208.4M | Add +15.4% |
| ISRG Intuitive Surgical Inc. | 0.92% | 464,179 | $207.6M | Add +0.6% |
| CCJ Cameco Corp. | 0.88% | 2,355,730 | $197.7M | Reduce -30.3% |
| NFLX Netflix Inc. | 0.82% | 154,728 | $185.5M | Reduce -0.7% |
| LPLA LPL Financial Holdings Inc. | 0.79% | 537,275 | $178.7M | Reduce -29.8% |
| PHM Pultegroup Inc. | 0.78% | 1,319,512 | $174.3M | New |
| JPM JPMorgan Chase & Co. | 0.76% | 538,767 | $169.9M | Reduce -10.1% |
| SPOT Spotify Technology SA | 0.74% | 238,373 | $166.4M | Reduce -17.0% |
| AEM Agnico Eagle Mines Ltd. | 0.74% | 981,617 | $165.3M | Reduce -23.6% |
| ENB Enbridge Inc. | 0.72% | 2,884,019 | $161.5M | Reduce -18.7% |
| FTEC Fidelity MSCI Info Tech Indx | 0.68% | 689,924 | $153.3M | Add +11.8% |
| WCN Waste Connections Inc. | 0.67% | 861,240 | $151.4M | Add +32.2% |
| ORLY O'reilly Automotive Inc. | 0.67% | 1,395,462 | $150.4M | Reduce -1.0% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.66% | 859,251 | $149.4M | New |
| CP Canadian Pacific Kansas City | 0.66% | 2,001,292 | $149.2M | Add +9.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.66% | 1,613,569 | $148.0M | Reduce -47.5% |
| ETN Eaton Corp. PLC | 0.64% | 387,152 | $144.9M | Add +3.1% |
| MFC Manulife Financial Corp. | 0.64% | 4,163,831 | $142.9M | Add +24.1% |
| CNQ Canadian Natural Resources | 0.63% | 4,152,394 | $140.9M | Reduce -16.4% |
| XLF SS Financial Select Sector | 0.62% | 2,603,263 | $140.2M | Add +22.9% |
| TRI Thomson Reuters Corp. | 0.60% | 870,312 | $135.6M | Add +186.8% |
| EMBJ Embraer SA-Spon ADR | 0.59% | 2,211,369 | $133.7M | Add +3.9% |
| RCL Royal Caribbean Cruises Ltd. | 0.59% | 411,946 | $133.3M | Reduce -0.8% |
| HWM Howmet Aerospace Inc. | 0.59% | 676,875 | $132.8M | Reduce -41.4% |
| VOO Vanguard S&P 500 ETF | 0.58% | 214,689 | $131.5M | Add +0.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.58% | 466,325 | $130.2M | Add +2.5% |
| SU Suncor Energy Inc. | 0.58% | 2,490,106 | $130.2M | Reduce -30.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.55% | 860,223 | $124.3M | Reduce -0.2% |
| WM Waste Management Inc. | 0.54% | 549,065 | $121.3M | Reduce -0.7% |
| XLC SS Comm Select Sector SPDR | 0.54% | 1,022,665 | $121.1M | Add +3.2% |
| APP AppLovin Corp. Class A | 0.52% | 161,855 | $116.3M | New |
| CBRE CBRE Group Inc. Class A | 0.52% | 737,947 | $116.3M | Add +6364.1% |
| PRI Primerica Inc. | 0.51% | 413,735 | $114.8M | Reduce -0.8% |
| MDLZ Mondelez International Inc. Class A | 0.49% | 1,760,021 | $109.9M | Add +1.3% |
| XLV SS Health Care Select Sector | 0.49% | 784,977 | $109.2M | Add +18.5% |
| JNJ Johnson & Johnson | 0.49% | 588,745 | $109.2M | Reduce -1.2% |
| BN Brookfield Corp. | 0.48% | 1,571,255 | $108.4M | Reduce -35.6% |
| GEV GE Vernova Inc. | 0.47% | 173,535 | $106.7M | Add +0.3% |
| HD Home Depot Inc. | 0.46% | 257,505 | $104.3M | Reduce -12.9% |
| NOC Northrop Grumman Corp. | 0.46% | 171,043 | $104.2M | Reduce -0.7% |
| PM Philip Morris International | 0.46% | 634,735 | $103.0M | Reduce -1.1% |
| LNG Cheniere Energy Inc. | 0.45% | 429,966 | $101.0M | Reduce -41.1% |
| IBN Icici Bank Ltd.-Spon ADR | 0.43% | 3,231,981 | $97.7M | Add +2.0% |
| EQIX Equinix Inc. | 0.42% | 121,106 | $94.9M | Add +151.0% |
| BIRK Birkenstock Holding PLC | 0.42% | 2,089,320 | $94.5M | Add +2.5% |
| ADI Analog Devices Inc. | 0.42% | 384,125 | $94.4M | Reduce -0.2% |
| VEA Vanguard Ftse Developed ETF | 0.42% | 1,569,061 | $94.0M | Add +0.8% |
| AXON Axon Enterprise Inc. | 0.41% | 129,248 | $92.8M | Reduce -58.0% |
| COST Costco Wholesale Corp. | 0.40% | 96,849 | $89.6M | Add +21.5% |
| MSI Motorola Solutions Inc. | 0.39% | 193,871 | $88.7M | Reduce -27.8% |
| LLY Eli Lilly & Co. | 0.39% | 116,034 | $88.5M | Reduce -63.3% |
| PWR Quanta Services Inc. | 0.39% | 213,215 | $88.4M | Reduce -43.7% |
| WMB Williams Cos Inc. | 0.39% | 1,370,077 | $86.8M | Reduce -1.3% |
| CB Chubb Ltd. | 0.38% | 306,311 | $86.5M | Reduce -2.1% |
| CNI Canadian Natl Railway Co. | 0.38% | 755,322 | $86.3M | Reduce -5.7% |
| CCEP Coca-Cola Europacific Partne | 0.38% | 948,896 | $85.8M | Add +2.5% |
| RCI Rogers Communications Inc. Class B | 0.38% | 1,773,793 | $84.9M | Reduce -1.5% |
| SE Sea Ltd.-ADR | 0.38% | 473,410 | $84.6M | Reduce -39.6% |
| NOW ServiceNow Inc. | 0.37% | 91,288 | $84.0M | Reduce -56.5% |
| TRP TC Energy Corp. | 0.37% | 1,256,711 | $83.6M | Reduce -5.3% |
| NTR Nutrien Ltd. | 0.37% | 1,125,086 | $83.1M | Reduce -1.9% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.37% | 268,233 | $82.6M | Reduce -0.1% |
| AFL Aflac Inc. | 0.36% | 723,672 | $80.8M | Reduce -2.7% |
| PBA Pembina Pipeline Corp. | 0.35% | 1,939,938 | $78.5M | Reduce -10.1% |
| HON Honeywell International Inc. | 0.34% | 364,709 | $76.8M | Reduce -1.1% |
| XLY SS Consumer Disc Select Sect | 0.34% | 317,577 | $76.1M | Add +6.2% |
| VGT Vanguard Info Tech ETF | 0.33% | 100,237 | $74.8M | Reduce -2.9% |
| HLT Hilton Worldwide Holdings Inc. | 0.32% | 277,526 | $72.0M | Reduce -0.8% |
| SLF Sun Life Financial Inc. | 0.31% | 904,484 | $70.7M | Reduce -26.0% |
| BIP Brookfield Infrastructure Pa | 0.31% | 2,129,120 | $70.2M | Reduce -14.0% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 0.31% | 862,952 | $69.3M | Reduce -2.1% |
| LIN Linde PLC | 0.30% | 140,759 | $66.9M | Reduce -0.6% |
| CRM Salesforce Inc. | 0.30% | 281,054 | $66.6M | Add +42.2% |
| FNCL Fidelity MSCI Financial Indx | 0.29% | 853,891 | $65.2M | Add +47.4% |
| XLI SS Industrial Select Sector | 0.28% | 406,153 | $62.6M | Add +3.2% |
Other holdings (69): bonds, preferreds, convertibles and warrants · $240.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 14,400,000 | $17.1M | Add +772.7% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 16,450,000 | $17.0M | Add +8125.0% |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | 18,658,000 | $15.4M | No change |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | 10,325,000 | $12.8M | New |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 14,250,000 | $12.5M | Add +216.7% |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 13,600,000 | $11.5M | No change |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 10,375,000 | $11.0M | Reduce -36.5% |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 13,600,000 | $10.9M | Reduce -3.5% |
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | 12,150,000 | $10.8M | Add +636.4% |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 8,800,000 | $9.9M | Reduce -36.8% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 4,100,000 | $7.5M | Add +32.3% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 4,125,000 | $5.2M | Add +94.1% |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | 2,600,000 | $5.0M | Reduce -13.3% |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 5,420,000 | $4.7M | Reduce -32.3% |
| GROUPON INC (GRPN 4.875 06/30/30 UNRS) | NOTE 4.875% 6/3 · principal | 4,300,000 | $4.0M | New |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 2,500 | $3.2M | No change |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 3,000,000 | $3.1M | Add +179.1% |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | 4,250,000 | $2.9M | New |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 2,500,000 | $2.8M | New |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 32,000 | $2.2M | Add +100.0% |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 40,000 | $2.2M | No change |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 1,400,000 | $2.2M | No change |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | 1,500,000 | $2.2M | New |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 1,100,000 | $2.2M | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 1,625,000 | $2.2M | No change |
| THE REALREAL INC (REAL 4 02/15/31) | DEBT 4.000% 2/1 · principal | 1,669,000 | $2.1M | New |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 1,500,000 | $2.1M | Reduce -25.0% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 1,900,000 | $2.0M | No change |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | 1,225,000 | $1.9M | Reduce -25.8% |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 1,250,000 | $1.9M | New |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 1,700,000 | $1.8M | No change |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 750,000 | $1.8M | No change |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,175,000 | $1.8M | No change |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 1,850,000 | $1.7M | Reduce -88.2% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 1,500,000 | $1.7M | No change |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 1,050,000 | $1.7M | No change |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 700,000 | $1.7M | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,300 | $1.6M | Reduce -23.5% |
| AMC GLOBAL MEDIA INC (AMCX 4.25 02/15/29 *) | NOTE 4.250% 2/1 · principal | 1,675,000 | $1.6M | New |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 1,575,000 | $1.6M | Add +46.5% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 950,000 | $1.6M | No change |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 1,350,000 | $1.5M | No change |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 29,000 | $1.5M | Reduce -34.1% |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 475,000 | $1.5M | Reduce -44.1% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 21,000 | $1.5M | Reduce -25.0% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 1,000,000 | $1.4M | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 950,000 | $1.4M | No change |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 1,200,000 | $1.4M | No change |
| GUARDANT HEALTH INC (GH 1.25 02/15/31) | DEBT 1.250% 2/1 · principal | 1,000,000 | $1.3M | No change |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 1,125,000 | $1.3M | No change |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 1,000,000 | $1.3M | No change |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | 700,000 | $1.1M | Reduce -30.0% |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | 800,000 | $1.1M | New |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 1,100,000 | $1.1M | Reduce -47.6% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 1,000,000 | $1.1M | No change |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 800,000 | $1.1M | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 875,000 | $1.1M | Reduce -14.6% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 1,125,000 | $1.1M | No change |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 1,050,000 | $1.1M | New |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 1,050,000 | $1.0M | No change |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 750,000 | $1.0M | Add +3.5% |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | 400,000 | $1.0M | No change |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 20,000 | $998K | No change |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 20,000 | $994K | Reduce -20.0% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 26,000 | $985K | New |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | 825,000 | $891K | No change |
| CELCUITY INC (CELC 2.75 08/01/31) | NOTE 2.750% 8/0 · principal | 600,000 | $797K | New |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 750,000 | $684K | Reduce -34.8% |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | 1,000 | $272K | New |
Total filed on the 13F, all lines: $22.7B.
Portfolio Sells Q2 2025 → Q3 2025
| EXE Expand Energy Corp. | Reduce -97.9% | 0.04% | −2.02 |
| ARES Ares Management Corp. Class A | Reduce -99.7% | 0.00% | −0.96 |
| HOOD Robinhood Markets Inc. Class A | Reduce -59.7% | 1.15% | −0.77 |
| AXON Axon Enterprise Inc. | Reduce -58.0% | 0.41% | −0.75 |
| LLY Eli Lilly & Co. | Reduce -63.3% | 0.39% | −0.73 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -47.5% | 0.66% | −0.63 |
| NOW ServiceNow Inc. | Reduce -56.5% | 0.37% | −0.61 |
| MELI MercadoLibre Inc. | Reduce -98.7% | 0.01% | −0.58 |
| IBKR Interactive Brokers Gro Class A | Sold out | 0.00% | −0.52 |
| KKR KKR & Co. Inc. | Reduce -99.3% | 0.00% | −0.52 |
| LPLA LPL Financial Holdings Inc. | Reduce -29.8% | 0.79% | −0.52 |
| HWM Howmet Aerospace Inc. | Reduce -41.4% | 0.59% | −0.39 |
| LNG Cheniere Energy Inc. | Reduce -41.1% | 0.45% | −0.36 |
| AER Aercap Holdings NV | Sold out | 0.00% | −0.35 |
| PG The Procter & Gamble Co. | Reduce -83.5% | 0.06% | −0.31 |
| DUOL Duolingo | Sold out | 0.00% | −0.28 |
| CCJ Cameco Corp. | Reduce -30.3% | 0.88% | −0.27 |
| SPOT Spotify Technology SA | Reduce -17.0% | 0.74% | −0.27 |
| PWR Quanta Services Inc. | Reduce -43.7% | 0.39% | −0.26 |
| AVGO Broadcom Inc. | Reduce -21.4% | 2.69% | −0.25 |
| BN Brookfield Corp. | Reduce -35.6% | 0.48% | −0.21 |
| SE Sea Ltd.-ADR | Reduce -39.6% | 0.38% | −0.20 |
| TMO Thermo Fisher Scientific Inc. | Reduce -57.4% | 0.19% | −0.19 |
| SLF Sun Life Financial Inc. | Reduce -26.0% | 0.31% | −0.13 |
| SU Suncor Energy Inc. | Reduce -30.2% | 0.58% | −0.13 |
| NFLX Netflix Inc. | Reduce -0.7% | 0.82% | −0.13 |
| META Meta Platforms Inc. Class A | Reduce -0.9% | 2.97% | −0.13 |
| XLP SS Consumer Staples Sel Sect | Reduce -30.8% | 0.24% | −0.13 |
| MSI Motorola Solutions Inc. | Reduce -27.8% | 0.39% | −0.12 |
| CNQ Canadian Natural Resources | Reduce -16.4% | 0.63% | −0.12 |
| PAAS Pan American Silver Corp. | Reduce -55.5% | 0.16% | −0.11 |
| RY Royal Bank of Canada | Reduce -15.2% | 1.76% | −0.10 |
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −0.10 |
| BMI Badger Meter Inc. | Reduce -87.4% | 0.01% | −0.10 |
| MSFT Microsoft Corp. | Reduce -7.5% | 1.36% | −0.09 |
| BMO Bank of Montreal | Reduce -40.3% | 0.27% | −0.09 |
| TW Tradeweb Markets Inc. Class A | Sold out | 0.00% | −0.09 |
| ENB Enbridge Inc. | Reduce -18.7% | 0.72% | −0.08 |
| MTB M & T Bank Corp. | Reduce -33.7% | 0.15% | −0.08 |
| PM Philip Morris International | Reduce -1.1% | 0.46% | −0.08 |
| AR Antero Resources Corp. | Reduce -71.9% | 0.02% | −0.08 |
| AMZN Amazon.com Inc. | Reduce -0.7% | 2.02% | −0.07 |
| BIP Brookfield Infrastructure Pa | Reduce -14.0% | 0.31% | −0.07 |
| CLS Celestica Inc. | Sold out | 0.00% | −0.07 |
| CNI Canadian Natl Railway Co. | Reduce -5.7% | 0.38% | −0.06 |
| INFY Infosys Ltd.-SP ADR | Sold out | 0.00% | −0.06 |
| NTNX Nutanix Inc. Class A | Sold out | 0.00% | −0.06 |
| GGAL Grupo Financiero Galicia-ADR | Sold out | 0.00% | −0.06 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -51.6% | 0.06% | −0.06 |
| TU Telus Corp. | Reduce -20.0% | 0.18% | −0.06 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +586.3% | 3.39% | +2.98 |
| BAC Bank of America Corp. | Add +286.8% | 1.56% | +1.18 |
| BKNG Booking Holdings Inc. | Add +4137.1% | 1.18% | +1.15 |
| PHM Pultegroup Inc. | New | 0.78% | +0.78 |
| FUTU Futu Holdings Ltd.-ADR | New | 0.66% | +0.66 |
| LHX L3HARRIS Technologies Inc. | Add +15.9% | 2.04% | +0.55 |
| GS Goldman Sachs Group Inc. | Add +22.9% | 2.11% | +0.54 |
| APP AppLovin Corp. Class A | New | 0.52% | +0.52 |
| CBRE CBRE Group Inc. Class A | Add +6364.1% | 0.52% | +0.51 |
| UBER Uber Technologies Inc. | Add +47.2% | 1.42% | +0.48 |
| ORCL Oracle Corp. | Add +35.5% | 1.04% | +0.43 |
| TRI Thomson Reuters Corp. | Add +186.8% | 0.60% | +0.32 |
| TSLA Tesla Inc. | Add +1.0% | 1.09% | +0.30 |
| EQIX Equinix Inc. | Add +151.0% | 0.42% | +0.25 |
| XLK SS Technology Select Sector | Add +4.5% | 1.57% | +0.18 |
| PGR Progressive Corp. | Add +185.8% | 0.24% | +0.15 |
| FTEC Fidelity MSCI Info Tech Indx | Add +11.8% | 0.68% | +0.12 |
| VIK Viking Holdings Ltd. | New | 0.12% | +0.12 |
| WCN Waste Connections Inc. | Add +32.2% | 0.67% | +0.12 |
| XLF SS Financial Select Sector | Add +22.9% | 0.62% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.5% | 0.58% | +0.11 |
| FNCL Fidelity MSCI Financial Indx | Add +47.4% | 0.29% | +0.09 |
| AVAV Aerovironment Inc. | New | 0.09% | +0.09 |
| Z Zillow Group Inc. Class C | New | 0.09% | +0.09 |
| MFC Manulife Financial Corp. | Add +24.1% | 0.64% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +47.2% | 0.26% | +0.08 |
| XLV SS Health Care Select Sector | Add +18.5% | 0.49% | +0.08 |
| V Visa Inc. Class A | Add +15.4% | 0.93% | +0.07 |
| TOL Toll Brothers Inc. | New | 0.07% | +0.07 |
| ROAD Construction Partners Inc. Class A | New | 0.07% | +0.07 |
| ROKU Roku Inc. | New | 0.07% | +0.07 |
| MGA Magna International Inc. | New | 0.06% | +0.06 |
| TKO Tko Group Holdings Inc. | New | 0.06% | +0.06 |
| PANW Palo Alto Networks Inc. | Add +1088.2% | 0.06% | +0.06 |
| MCD McDonald's Corp. | Add +51.6% | 0.16% | +0.06 |
| GEV GE Vernova Inc. | Add +0.3% | 0.47% | +0.06 |
| BE Bloom Energy Corp. Class A | New | 0.06% | +0.06 |
| RH RH | New | 0.06% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +3.9% | 0.20% | +0.06 |
| LYV Live Nation Entertainment Inc. | New | 0.05% | +0.05 |
| XLE SS Energy Select Sector | Add +33.0% | 0.19% | +0.05 |
| CRM Salesforce Inc. | Add +42.2% | 0.30% | +0.05 |
| TME Tencent Music Entertainm-ADR | Add +86.5% | 0.09% | +0.05 |
| FHLC Fidelity MSCI Health Care | Add +20.0% | 0.27% | +0.05 |
| RKLB Rocket Lab Corp. | New | 0.05% | +0.05 |
| AFRM Affirm Holdings Inc. | New | 0.05% | +0.05 |
| XLC SS Comm Select Sector SPDR | Add +3.2% | 0.54% | +0.05 |
| FSLR First Solar Inc. | Add +274.3% | 0.06% | +0.04 |
| ORA Ormat Technologies Inc. | New | 0.04% | +0.04 |
| FLUT Flutter Entertainment PLC-Di | New | 0.04% | +0.04 |
Notes & Other Activity Q2 2025 → Q3 2025
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Add +772.7% | 14,400,000 | $17.1M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +8125.0% | 16,450,000 | $17.0M |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | New | 10,325,000 | $12.8M |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Add +216.7% | 14,250,000 | $12.5M |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | Reduce -36.5% | 10,375,000 | $11.0M |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | Reduce -3.5% | 13,600,000 | $10.9M |
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | Add +636.4% | 12,150,000 | $10.8M |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | Reduce -36.8% | 8,800,000 | $9.9M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Add +32.3% | 4,100,000 | $7.5M |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | Sold out | 8,654,000 | $7.2Mbefore exit |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Add +94.1% | 4,125,000 | $5.2M |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | Reduce -13.3% | 2,600,000 | $5.0M |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Reduce -32.3% | 5,420,000 | $4.7M |
| GROUPON INC (GRPN 4.875 06/30/30 UNRS) | NOTE 4.875% 6/3 · principal | New | 4,300,000 | $4.0M |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | Sold out | 1,525,000 | $3.7Mbefore exit |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | Add +179.1% | 3,000,000 | $3.1M |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | New | 4,250,000 | $2.9M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | New | 2,500,000 | $2.8M |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | Sold out | 400,000 | $2.5Mbefore exit |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +100.0% | 32,000 | $2.2M |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | New | 1,500,000 | $2.2M |
| THE REALREAL INC (REAL 4 02/15/31) | DEBT 4.000% 2/1 · principal | New | 1,669,000 | $2.1M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Reduce -25.0% | 1,500,000 | $2.1M |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | Sold out | 500,000 | $2.0Mbefore exit |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | Reduce -25.8% | 1,225,000 | $1.9M |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | New | 1,250,000 | $1.9M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Sold out | 1,325,000 | $1.9Mbefore exit |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | Reduce -88.2% | 1,850,000 | $1.7M |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | Sold out | 1,700,000 | $1.7Mbefore exit |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -23.5% | 1,300 | $1.6M |
| AMC GLOBAL MEDIA INC (AMCX 4.25 02/15/29 *) | NOTE 4.250% 2/1 · principal | New | 1,675,000 | $1.6M |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | Add +46.5% | 1,575,000 | $1.6M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Reduce -34.1% | 29,000 | $1.5M |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 1,225,000 | $1.5Mbefore exit |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Reduce -44.1% | 475,000 | $1.5M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -25.0% | 21,000 | $1.5M |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | Sold out | 450,000 | $1.1Mbefore exit |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | Reduce -30.0% | 700,000 | $1.1M |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | New | 800,000 | $1.1M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Reduce -47.6% | 1,100,000 | $1.1M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | New | 800,000 | $1.1M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Reduce -14.6% | 875,000 | $1.1M |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | New | 1,050,000 | $1.1M |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Sold out | 675,000 | $1.0Mbefore exit |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | Add +3.5% | 750,000 | $1.0M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -20.0% | 20,000 | $994K |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | New | 26,000 | $985K |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Sold out | 700,000 | $888Kbefore exit |
| CELCUITY INC (CELC 2.75 08/01/31) | NOTE 2.750% 8/0 · principal | New | 600,000 | $797K |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Reduce -34.8% | 750,000 | $684K |
Showing the first 50 of 52.
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 |