Agf Management Ltd.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Agf Management Ltd. reported 577 stock positions worth $22.2 billion. Its top holding was Nvidia (NVDA) at 4.4% of the portfolio, followed by Alphabet Class A (GOOGL, 3.5%) and Amazon.com (AMZN, 2.9%). Compared with Q4 2025, it opened 44 new positions, sold out of 44, added to 264 and reduced 246. The biggest buy was Linde (LIN, shares +363%) and the biggest sale Apple (AAPL, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001003518
- Portfolio Value
- $22.2B (Q1 2026)
- SEC Filing
- 0000945621-26-000646 ↗ filed May 7, 2026
Holdings Value
Holdings 577 stocks · $22.2B
| NVDA Nvidia Corp. | 4.42% | 5,622,319 | $980.5M | Add +0.9% |
| GOOGL Alphabet Inc. Class A | 3.52% | 2,718,601 | $781.8M | Add +1.3% |
| AMZN Amazon.com Inc. | 2.93% | 3,125,731 | $651.0M | Add +8.7% |
| LIN Linde PLC | 2.02% | 906,450 | $449.4M | Add +363.5% |
| RY Royal Bank of Canada | 1.98% | 2,435,954 | $440.2M | Add +1.6% |
| ABBV Abbvie Inc. | 1.91% | 1,948,120 | $423.7M | Reduce -1.9% |
| AVGO Broadcom Inc. | 1.86% | 1,332,543 | $412.4M | Reduce -33.1% |
| WMT Walmart Inc. | 1.85% | 3,303,460 | $410.6M | Add +1.1% |
| META Meta Platforms Inc. Class A | 1.61% | 625,438 | $357.8M | Reduce -15.2% |
| VLO Valero Energy Corp. | 1.60% | 1,441,418 | $356.1M | Reduce -13.0% |
| GLW Corning Inc. | 1.44% | 2,349,146 | $319.4M | Add +5.7% |
| AMAT Applied Materials Inc. | 1.34% | 869,164 | $297.1M | Add +2.8% |
| LHX L3HARRIS Technologies Inc. | 1.33% | 854,349 | $294.9M | Reduce -44.7% |
| TD Toronto-Dominion Bank | 1.31% | 2,640,523 | $290.7M | Reduce -13.2% |
| XLK SS Technology Select Sector | 1.29% | 2,157,884 | $286.8M | Reduce -6.4% |
| AEM Agnico Eagle Mines Ltd. | 1.28% | 1,397,622 | $283.7M | Add +56.7% |
| MSFT Microsoft Corp. | 1.24% | 742,682 | $274.9M | Add +17.0% |
| GS Goldman Sachs Group Inc. | 1.24% | 324,466 | $274.5M | Reduce -44.5% |
| CCJ Cameco Corp. | 1.22% | 2,496,212 | $271.3M | Add +8.5% |
| LLY Eli Lilly & Co. | 1.13% | 272,048 | $250.2M | Add +216.9% |
| HLT Hilton Worldwide Holdings Inc. | 1.11% | 809,739 | $246.2M | Add +2.4% |
| NOC Northrop Grumman Corp. | 1.09% | 353,793 | $241.4M | Reduce -15.4% |
| COHR Coherent Corp. | 1.07% | 998,394 | $237.8M | Add +591.5% |
| TRGP Targa Resources Corp. | 1.03% | 916,358 | $229.8M | Add +4814.5% |
| CNQ Canadian Natural Resources | 1.03% | 4,453,036 | $229.3M | Reduce -8.7% |
| SCCO Southern Copper Corp. | 0.99% | 1,273,626 | $219.1M | Add +1890.4% |
| SU Suncor Energy Inc. | 0.97% | 2,685,549 | $216.4M | Add +5.0% |
| TSLA Tesla Inc. | 0.97% | 577,582 | $214.7M | Add +1.9% |
| ISRG Intuitive Surgical Inc. | 0.94% | 451,704 | $208.2M | Add +2.0% |
| GEV GE Vernova Inc. | 0.92% | 233,022 | $203.4M | Add +3359.9% |
| CAT Caterpillar Inc. | 0.91% | 285,596 | $202.3M | Add +10673.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.88% | 607,324 | $194.9M | Reduce -2.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.84% | 2,042,049 | $187.1M | Add +43.0% |
| LYB Lyondellbasell Indu Class A | 0.84% | 2,310,951 | $186.2M | New |
| SLB SLB Ltd. filed as SLB LIMITED | 0.84% | 3,616,450 | $185.8M | Add +19923.5% |
| COF Capital One Financial Corp. | 0.82% | 995,519 | $181.6M | Add +18.3% |
| ENB Enbridge Inc. | 0.82% | 3,031,740 | $181.2M | Reduce -3.1% |
| PWR Quanta Services Inc. | 0.81% | 328,156 | $180.2M | Add +49.4% |
| HWM Howmet Aerospace Inc. | 0.74% | 716,844 | $165.2M | Add +3.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.74% | 485,639 | $164.1M | Add +0.5% |
| FTI Technipfmc PLC | 0.74% | 2,373,496 | $164.1M | Add +8168.0% |
| JNJ Johnson & Johnson | 0.73% | 659,225 | $161.1M | Add +15.1% |
| CP Canadian Pacific Kansas City | 0.70% | 1,980,020 | $156.1M | Reduce -20.8% |
| V Visa Inc. Class A | 0.67% | 493,340 | $149.1M | Reduce -17.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.66% | 3,019,732 | $147.2M | Reduce -62.5% |
| PLTR Palantir Technologies Inc. Class A | 0.66% | 996,817 | $145.8M | Add +15637.6% |
| FTEC Fidelity MSCI Info Tech Indx | 0.64% | 678,442 | $141.1M | Add +3.9% |
| JPM JPMorgan Chase & Co. | 0.63% | 477,180 | $140.4M | Reduce -10.3% |
| AA Alcoa Corp. | 0.62% | 2,075,213 | $137.6M | Add +756.3% |
| MFC Manulife Financial Corp. | 0.60% | 3,446,160 | $132.9M | Reduce -8.3% |
| BN Brookfield Corp. | 0.59% | 3,246,823 | $132.1M | Add +52.5% |
| TRI Thomson Reuters Corp. | 0.59% | 1,437,038 | $129.9M | Add +29.0% |
| BKR Baker Hughes Co. | 0.55% | 2,012,425 | $122.9M | New |
| VOO Vanguard S&P 500 ETF | 0.55% | 204,826 | $122.4M | Add +2.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.55% | 764,118 | $122.0M | Reduce -10.2% |
| ICE Intercontinental Exchange Inc. | 0.53% | 746,419 | $117.4M | Add +4.7% |
| ETN Eaton Corp. PLC | 0.52% | 324,802 | $116.2M | Reduce -15.9% |
| HOOD Robinhood Markets Inc. Class A | 0.51% | 1,635,828 | $113.4M | Add +2.3% |
| WCN Waste Connections Inc. | 0.50% | 683,533 | $111.1M | Reduce -10.9% |
| VEA Vanguard Ftse Developed ETF | 0.50% | 1,723,173 | $110.4M | Add +3.6% |
| NOW ServiceNow Inc. | 0.49% | 1,050,231 | $109.8M | Add +12119.1% |
| WM Waste Management Inc. | 0.49% | 471,221 | $108.3M | Reduce -14.0% |
| PRI Primerica Inc. | 0.49% | 430,753 | $107.9M | Add +2.4% |
| XLV SS Health Care Select Sector | 0.48% | 726,050 | $106.4M | Reduce -14.9% |
| APH Amphenol Corp. Class A | 0.48% | 836,042 | $105.6M | Reduce -50.0% |
| EMBJ Embraer SA-Spon ADR | 0.47% | 1,768,467 | $104.9M | Add +0.3% |
| NTR Nutrien Ltd. | 0.46% | 1,071,572 | $102.7M | Reduce -5.9% |
| TMO Thermo Fisher Scientific Inc. | 0.46% | 208,842 | $102.7M | Add +53.0% |
| MS Morgan Stanley | 0.46% | 615,698 | $101.3M | Add +126.3% |
| NTRA Natera Inc. | 0.44% | 491,262 | $98.2M | Add +3.6% |
| XLC SS Comm Select Sector SPDR | 0.43% | 871,057 | $96.6M | Reduce -6.6% |
| XLF SS Financial Select Sector | 0.43% | 1,929,097 | $95.2M | Reduce -6.6% |
| HD Home Depot Inc. | 0.43% | 289,187 | $95.1M | Add +1.3% |
| MDLZ Mondelez International Inc. Class A | 0.43% | 1,647,345 | $95.0M | Reduce -5.6% |
| AAPL Apple Inc. | 0.43% | 372,106 | $94.4M | Reduce -87.8% |
| AMD Advanced Micro Devices | 0.42% | 458,838 | $93.3M | Add +3.4% |
| RCI Rogers Communications Inc. Class B | 0.41% | 1,741,472 | $91.6M | Add +3.9% |
| ARGX Argenx SE - ADR | 0.41% | 125,069 | $91.3M | Add +0.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.41% | 201,403 | $89.9M | Add +35358.3% |
| TRP TC Energy Corp. | 0.40% | 1,133,745 | $87.9M | Reduce -9.8% |
| XLI SS Industrial Select Sector | 0.39% | 541,180 | $87.5M | Reduce -6.6% |
| PM Philip Morris International | 0.39% | 528,750 | $87.4M | Reduce -16.3% |
| CB Chubb Ltd. | 0.38% | 261,882 | $85.4M | Reduce -13.8% |
| WMB Williams Cos Inc. | 0.38% | 1,172,389 | $85.3M | Reduce -14.2% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 0.38% | 886,485 | $84.8M | Add +2.1% |
| ROK Rockwell Automation Inc. | 0.37% | 229,919 | $82.5M | Add +0.0% |
| RCL Royal Caribbean Cruises Ltd. | 0.37% | 295,724 | $81.4M | Add +3.1% |
| EQT Eqt Corp. | 0.37% | 1,274,365 | $81.1M | New |
| ADI Analog Devices Inc. | 0.36% | 250,829 | $79.8M | Reduce -28.9% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.35% | 260,987 | $78.0M | Reduce -1.9% |
| HON Honeywell International Inc. | 0.35% | 343,399 | $77.6M | Reduce -6.0% |
| COST Costco Wholesale Corp. | 0.35% | 77,875 | $77.6M | Reduce -46.9% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.35% | 374,963 | $77.5M | Add +10.7% |
| CNI Canadian Natl Railway Co. | 0.33% | 534,838 | $74.1M | Reduce -0.9% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 0.33% | 448,932 | $72.4M | Reduce -29.6% |
| NEM Newmont Corp. | 0.31% | 631,469 | $68.4M | Add +6617.0% |
| SHOP Shopify Inc. Class A | 0.30% | 569,978 | $67.7M | Add +293.5% |
| AFL Aflac Inc. | 0.30% | 612,340 | $67.2M | Reduce -14.3% |
| MU Micron Technology Inc. | 0.30% | 196,842 | $66.5M | New |
| FHLC Fidelity MSCI Health Care | 0.30% | 937,724 | $66.0M | Add +1.0% |
Other holdings (59): bonds, preferreds, convertibles and warrants · $106.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | 8,150,000 | $7.9M | Add +608.7% |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | 7,000,000 | $6.3M | New |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 4,100,000 | $5.7M | No change |
| GROUPON INC (GRPN 4.875 06/30/30 UNRS) | NOTE 4.875% 6/3 · principal | 4,300,000 | $3.5M | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 2,500 | $3.0M | No change |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | 1,200,000 | $2.9M | Reduce -46.7% |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 2,500,000 | $2.8M | Reduce -64.3% |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 47,000 | $2.4M | Add +135.0% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 2,500,000 | $2.3M | Reduce -39.4% |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 1,900,000 | $2.2M | Add +52.0% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 34,000 | $2.2M | Add +100.0% |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | 700,000 | $2.2M | No change |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 2,275,000 | $2.2M | No change |
| VSE CORP (VSEC 5.75 02/01/29) | UNIT 02/01/2029 | 41,500 | $2.1M | New |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 1,650,000 | $2.0M | No change |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 1,225,000 | $2.0M | New |
| APPLIED OPTOELECTRONICS INC | NOTE 2.750% 1/1 · principal | 900,000 | $2.0M | Reduce -80.4% |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 750,000 | $2.0M | No change |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 1,550,000 | $2.0M | Add +47.6% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 1,500,000 | $1.9M | No change |
| MACOM TECH SOLUTIONS (MTSI 0 12/15/29) | NOTE 12/1 · principal | 1,300,000 | $1.9M | New |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 26,000 | $1.9M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 1,000,000 | $1.8M | No change |
| NEXTERA ENERGY INC (NEE 7.375 02/15/29) | UNIT 02/15/2029 | 35,000 | $1.8M | New |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | 1,775,000 | $1.7M | Reduce -37.2% |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 1,150,000 | $1.7M | No change |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 1,350,000 | $1.6M | No change |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 1,500,000 | $1.6M | New |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,300 | $1.5M | No change |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 500,000 | $1.5M | Reduce -28.6% |
| CELCUITY INC (CELC 2.75 08/01/31) | NOTE 2.750% 8/0 · principal | 600,000 | $1.5M | No change |
| ARROWHEAD RESEARCH CORP (ARWR 0 01/15/32) | NOTE 1/1 · principal | 1,250,000 | $1.3M | New |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 1,000,000 | $1.3M | New |
| SILVERCORP METALS INC | NOTE 4.750%12/1 · principal | 489,000 | $1.3M | Reduce -81.1% |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | 1,000,000 | $1.2M | No change |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 1,050,000 | $1.2M | No change |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 750,000 | $1.2M | No change |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | 800,000 | $1.2M | Reduce -46.7% |
| COGENT BIOSCIENCES INC (COGT 1.625 11/15/31) | NOTE 1.625%11/1 · principal | 1,000,000 | $1.2M | Add +100.0% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 950,000 | $1.2M | No change |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 22,000 | $1.2M | Reduce -45.0% |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 1,225,000 | $1.2M | Reduce -32.9% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 950,000 | $1.1M | No change |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 1,100,000 | $1.1M | No change |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 750,000 | $1.1M | No change |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | 25,000 | $1.1M | New |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | 625,000 | $1.1M | Reduce -41.9% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 1,125,000 | $1.1M | No change |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 1,000,000 | $1.0M | No change |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 1,000,000 | $1.0M | No change |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 775,000 | $1.0M | Reduce -40.4% |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | 1,000,000 | $936K | No change |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 15,000 | $877K | No change |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | 3,000 | $847K | Add +200.0% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 175,000 | $831K | No change |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 20,500 | $825K | No change |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 700,000 | $791K | New |
| THE REALREAL INC (REAL 4 02/15/31) | DEBT 4.000% 2/1 · principal | 169,000 | $201K | No change |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 350,000 | $184K | Reduce -97.6% |
Total filed on the 13F, all lines: $22.3B.
Portfolio Sells Q4 2025 → Q1 2026
| AAPL Apple Inc. | Reduce -87.8% | 0.43% | −3.18 |
| DHR Danaher Corp. | Reduce -99.8% | 0.00% | −1.96 |
| BAC Bank of America Corp. | Reduce -62.5% | 0.66% | −1.27 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -99.7% | 0.00% | −1.24 |
| AVGO Broadcom Inc. | Reduce -33.1% | 1.86% | −1.15 |
| GS Goldman Sachs Group Inc. | Reduce -44.5% | 1.24% | −1.01 |
| ULTA Ulta Beauty Inc. | Reduce -98.1% | 0.02% | −0.93 |
| PHM Pultegroup Inc. | Reduce -99.3% | 0.01% | −0.69 |
| BSX Boston Scientific Corp. | Reduce -93.3% | 0.03% | −0.67 |
| LHX L3HARRIS Technologies Inc. | Reduce -44.7% | 1.33% | −0.65 |
| FUTU Futu Holdings Ltd.-ADR | Sold out | 0.00% | −0.60 |
| CBRE CBRE Group Inc. Class A | Reduce -96.8% | 0.01% | −0.52 |
| META Meta Platforms Inc. Class A | Reduce -15.2% | 1.61% | −0.51 |
| APH Amphenol Corp. Class A | Reduce -50.0% | 0.48% | −0.51 |
| CCEP Coca-Cola Europacific Partne | Reduce -99.7% | 0.00% | −0.39 |
| CRM Salesforce Inc. | Reduce -98.7% | 0.00% | −0.32 |
| PBA Pembina Pipeline Corp. | Reduce -87.1% | 0.06% | −0.32 |
| AXON Axon Enterprise Inc. | Sold out | 0.00% | −0.30 |
| BAM Brookfield Asset Mgmt-A | Reduce -85.4% | 0.04% | −0.30 |
| V Visa Inc. Class A | Reduce -17.0% | 0.67% | −0.24 |
| MSI Motorola Solutions Inc. | Reduce -55.9% | 0.23% | −0.22 |
| GRTUF Granite Real Estate Investme | Sold out | 0.00% | −0.20 |
| COST Costco Wholesale Corp. | Reduce -46.9% | 0.35% | −0.20 |
| XLK SS Technology Select Sector | Reduce -6.4% | 1.29% | −0.16 |
| TD Toronto-Dominion Bank | Reduce -13.2% | 1.31% | −0.14 |
| JPM JPMorgan Chase & Co. | Reduce -10.3% | 0.63% | −0.12 |
| CP Canadian Pacific Kansas City | Reduce -20.8% | 0.70% | −0.10 |
| XLV SS Health Care Select Sector | Reduce -14.9% | 0.48% | −0.10 |
| EQIX Equinix Inc. | Reduce -61.3% | 0.09% | −0.09 |
| WCN Waste Connections Inc. | Reduce -10.9% | 0.50% | −0.09 |
| BMO Bank of Montreal | Reduce -29.6% | 0.33% | −0.09 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.08 |
| ABBV Abbvie Inc. | Reduce -1.9% | 1.91% | −0.07 |
| SF Stifel Financial Corp. | Sold out | 0.00% | −0.07 |
| XLF SS Financial Select Sector | Reduce -6.6% | 0.43% | −0.06 |
| SPGI S&P Global Inc. | Reduce -90.8% | 0.01% | −0.06 |
| TT Trane Technologies PLC | Reduce -98.5% | 0.00% | −0.06 |
| FSLR First Solar Inc. | Sold out | 0.00% | −0.06 |
| ACN Accenture PLC Class A | Reduce -5.2% | 0.16% | −0.06 |
| MFC Manulife Financial Corp. | Reduce -8.3% | 0.60% | −0.06 |
| ADI Analog Devices Inc. | Reduce -28.9% | 0.36% | −0.06 |
| TKO Tko Group Holdings Inc. | Sold out | 0.00% | −0.06 |
| KTOS Kratos Defense & Security | Reduce -63.3% | 0.03% | −0.05 |
| SARO Standardaero Inc. | Sold out | 0.00% | −0.05 |
| PM Philip Morris International | Reduce -16.3% | 0.39% | −0.05 |
| ATS Ats Corp. | Sold out | 0.00% | −0.05 |
| RGEN Repligen Corp. | Reduce -46.1% | 0.03% | −0.05 |
| XLC SS Comm Select Sector SPDR | Reduce -6.6% | 0.43% | −0.04 |
| AFL Aflac Inc. | Reduce -14.3% | 0.30% | −0.04 |
| RBA RB Global Inc. | Reduce -49.6% | 0.04% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| LIN Linde PLC | Add +363.5% | 2.02% | +1.66 |
| TRGP Targa Resources Corp. | Add +4814.5% | 1.03% | +1.02 |
| COHR Coherent Corp. | Add +591.5% | 1.07% | +0.95 |
| SCCO Southern Copper Corp. | Add +1890.4% | 0.99% | +0.95 |
| CAT Caterpillar Inc. | Add +10673.1% | 0.91% | +0.90 |
| GEV GE Vernova Inc. | Add +3359.9% | 0.92% | +0.90 |
| LYB Lyondellbasell Indu Class A | New | 0.84% | +0.84 |
| SLB SLB Ltd. | Add +19923.5% | 0.84% | +0.83 |
| FTI Technipfmc PLC | Add +8168.0% | 0.74% | +0.73 |
| LLY Eli Lilly & Co. | Add +216.9% | 1.13% | +0.72 |
| PLTR Palantir Technologies Inc. Class A | Add +15637.6% | 0.66% | +0.65 |
| AEM Agnico Eagle Mines Ltd. | Add +56.7% | 1.28% | +0.62 |
| GLW Corning Inc. | Add +5.7% | 1.44% | +0.59 |
| AA Alcoa Corp. | Add +756.3% | 0.62% | +0.56 |
| BKR Baker Hughes Co. | New | 0.55% | +0.55 |
| NOW ServiceNow Inc. | Add +12119.1% | 0.49% | +0.49 |
| PWR Quanta Services Inc. | Add +49.4% | 0.81% | +0.41 |
| VRTX Vertex Pharmaceuticals Inc. | Add +35358.3% | 0.41% | +0.40 |
| AMAT Applied Materials Inc. | Add +2.8% | 1.34% | +0.39 |
| EQT Eqt Corp. | New | 0.37% | +0.37 |
| SU Suncor Energy Inc. | Add +5.0% | 0.97% | +0.36 |
| NEM Newmont Corp. | Add +6617.0% | 0.31% | +0.30 |
| CCJ Cameco Corp. | Add +8.5% | 1.22% | +0.30 |
| MU Micron Technology Inc. | New | 0.30% | +0.30 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +43.0% | 0.84% | +0.27 |
| B Barrick Mining Corp. | New | 0.27% | +0.27 |
| WMT Walmart Inc. | Add +1.1% | 1.85% | +0.26 |
| MS Morgan Stanley | Add +126.3% | 0.46% | +0.25 |
| JNJ Johnson & Johnson | Add +15.1% | 0.73% | +0.21 |
| SHOP Shopify Inc. Class A | Add +293.5% | 0.30% | +0.20 |
| BN Brookfield Corp. | Add +52.5% | 0.59% | +0.17 |
| XLE SS Energy Select Sector | Add +38.4% | 0.28% | +0.14 |
| HWM Howmet Aerospace Inc. | Add +3.6% | 0.74% | +0.12 |
| HLT Hilton Worldwide Holdings Inc. | Add +2.4% | 1.11% | +0.12 |
| TMO Thermo Fisher Scientific Inc. | Add +53.0% | 0.46% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.5% | 0.74% | +0.10 |
| TER Teradyne Inc. | Add +920.8% | 0.10% | +0.10 |
| PAAS Pan American Silver Corp. | Add +38.8% | 0.28% | +0.09 |
| PANW Palo Alto Networks Inc. | Add +190.8% | 0.15% | +0.09 |
| FENY Fidelity MSCI Energy Index | Add +211.4% | 0.11% | +0.09 |
| BIP Brookfield Infrastructure Pa | Add +48.8% | 0.22% | +0.08 |
| STLD Steel Dynamics Inc. | New | 0.07% | +0.07 |
| CASY Casey's General Stores Inc. | New | 0.07% | +0.07 |
| CMCSA Comcast Corp. Class A | Add +140.2% | 0.12% | +0.07 |
| SYF Synchrony Financial | New | 0.06% | +0.06 |
| ADP Automatic Data Processing | Add +298.7% | 0.09% | +0.06 |
| FTAI Ftai Aviation Ltd. | Add +421.8% | 0.07% | +0.06 |
| OVV Ovintiv Inc. | New | 0.05% | +0.05 |
| MTB M & T Bank Corp. | Add +10.7% | 0.35% | +0.05 |
| BEP Brookfield Renewable Partner | Add +15.3% | 0.16% | +0.05 |
Notes & Other Activity Q4 2025 → Q1 2026
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | Sold out | 12,150,000 | $11.0Mbefore exit |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | Add +608.7% | 8,150,000 | $7.9M |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | New | 7,000,000 | $6.3M |
| GUARDANT HEALTH INC (GH 1.25 02/15/31) | DEBT 1.250% 2/1 · principal | Sold out | 3,125,000 | $5.7Mbefore exit |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | Reduce -46.7% | 1,200,000 | $2.9M |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | Sold out | 4,250,000 | $2.9Mbefore exit |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | Reduce -64.3% | 2,500,000 | $2.8M |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 1,175,000 | $2.4Mbefore exit |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | Add +135.0% | 47,000 | $2.4M |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Reduce -39.4% | 2,500,000 | $2.3M |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | Add +52.0% | 1,900,000 | $2.2M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Sold out | 2,125,000 | $2.2Mbefore exit |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +100.0% | 34,000 | $2.2M |
| VSE CORP (VSEC 5.75 02/01/29) | UNIT 02/01/2029 | New | 41,500 | $2.1M |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | New | 1,225,000 | $2.0M |
| APPLIED OPTOELECTRONICS INC | NOTE 2.750% 1/1 · principal | Reduce -80.4% | 900,000 | $2.0M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Sold out | 1,900,000 | $2.0Mbefore exit |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | Add +47.6% | 1,550,000 | $2.0M |
| MACOM TECH SOLUTIONS (MTSI 0 12/15/29) | NOTE 12/1 · principal | New | 1,300,000 | $1.9M |
| NEXTERA ENERGY INC (NEE 7.375 02/15/29) | UNIT 02/15/2029 | New | 35,000 | $1.8M |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | Reduce -37.2% | 1,775,000 | $1.7M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Sold out | 1,500,000 | $1.6Mbefore exit |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | New | 1,500,000 | $1.6M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | Sold out | 1,500,000 | $1.5Mbefore exit |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | Reduce -28.6% | 500,000 | $1.5M |
| ARROWHEAD RESEARCH CORP (ARWR 0 01/15/32) | NOTE 1/1 · principal | New | 1,250,000 | $1.3M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | New | 1,000,000 | $1.3M |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | Sold out | 1,150,000 | $1.3Mbefore exit |
| SILVERCORP METALS INC | NOTE 4.750%12/1 · principal | Reduce -81.1% | 489,000 | $1.3M |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | Reduce -46.7% | 800,000 | $1.2M |
| COGENT BIOSCIENCES INC (COGT 1.625 11/15/31) | NOTE 1.625%11/1 · principal | Add +100.0% | 1,000,000 | $1.2M |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | Reduce -45.0% | 22,000 | $1.2M |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | Sold out | 825,000 | $1.2Mbefore exit |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Sold out | 475,000 | $1.2Mbefore exit |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | Reduce -32.9% | 1,225,000 | $1.2M |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Sold out | 1,050,000 | $1.2Mbefore exit |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | Sold out | 400,000 | $1.1Mbefore exit |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | New | 25,000 | $1.1M |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | Reduce -41.9% | 625,000 | $1.1M |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | Sold out | 800,000 | $1.0Mbefore exit |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Sold out | 875,000 | $1.0Mbefore exit |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | Reduce -40.4% | 775,000 | $1.0M |
| CENTRUS ENERGY CORP (LEU 2.25 11/01/30) | NOTE 2.250%11/0 · principal | Sold out | 350,000 | $938Kbefore exit |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Sold out | 800,000 | $908Kbefore exit |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | Add +200.0% | 3,000 | $847K |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | New | 700,000 | $791K |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | Reduce -97.6% | 350,000 | $184K |
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 |