Allianz Asset Management GmbH
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Allianz Asset Management GmbH reported 1,493 stock positions worth $87.2 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 6.5% of the portfolio, followed by Nvidia (NVDA, 4.7%) and Microsoft (MSFT, 4.1%). Compared with Q3 2025, it opened 109 new positions, sold out of 125, added to 650 and reduced 662. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +243%) and the biggest sale Trane Technologies (TT, shares −71%).
- Most Recent 13F
- Q2 2026
- Location
- MUNICH, 2M
- CIK
- 0001535323
- Portfolio Value
- $87.2B (Q4 2025)
- SEC Filing
- 0001193125-26-046254 ↗ filed Feb 11, 2026
Holdings Value
Holdings 1,493 stocks · $87.2B
| IVV iShares Core S&P 500 ETF | 6.54% | 8,324,104 | $5.7B | Add +242.8% |
| NVDA Nvidia Corp. | 4.65% | 21,756,609 | $4.1B | Add +6.5% |
| MSFT Microsoft Corp. | 4.13% | 7,452,381 | $3.6B | Add +14.0% |
| AAPL Apple Inc. | 3.66% | 11,758,940 | $3.2B | Add +5.8% |
| VG Venture Global Inc. Class A | 2.77% | 354,683,306 | $2.4B | No change |
| AMZN Amazon.com Inc. | 2.49% | 9,426,969 | $2.2B | Add +8.0% |
| GOOGL Alphabet Inc. Class A | 2.37% | 6,611,742 | $2.1B | Reduce -4.5% |
| GOOG Alphabet Inc. Class C | 1.48% | 4,120,509 | $1.3B | Reduce -2.7% |
| META Meta Platforms Inc. Class A | 1.44% | 1,901,836 | $1.3B | Add +11.1% |
| JNJ Johnson & Johnson | 1.43% | 6,019,228 | $1.2B | Add +10.3% |
| AVGO Broadcom Inc. | 1.39% | 3,512,366 | $1.2B | Add +10.3% |
| JPM JPMorgan Chase & Co. | 1.19% | 3,232,673 | $1.0B | Add +18.8% |
| MA Mastercard Inc. Class A | 1.00% | 1,530,758 | $873.9M | Add +42.7% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.98% | 30,292,364 | $851.8M | Add +8.2% |
| CSCO Cisco Systems Inc. | 0.90% | 10,238,001 | $788.6M | Reduce -12.2% |
| LRCX Lam Research Corp. | 0.73% | 3,737,820 | $639.8M | Add +54.0% |
| TSLA Tesla Inc. | 0.73% | 1,418,218 | $637.8M | Reduce -4.7% |
| QCOM Qualcomm Inc. | 0.70% | 3,568,240 | $610.3M | Add +5.9% |
| ABT Abbott Laboratories | 0.61% | 4,233,768 | $530.4M | Add +16.6% |
| NFLX Netflix Inc. | 0.59% | 5,453,142 | $511.3M | Add +33.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.58% | 3,293,815 | $506.0M | Add +116.3% |
| GILD Gilead Sciences Inc. | 0.57% | 4,030,530 | $494.7M | Reduce -30.2% |
| TTE Totalenergies SE | 0.56% | 7,467,905 | $487.6M | New |
| V Visa Inc. Class A | 0.54% | 1,354,571 | $475.1M | Reduce -7.2% |
| LLY Eli Lilly & Co. | 0.53% | 427,339 | $459.3M | Add +19.5% |
| TEL Te Connectivity PLC | 0.52% | 1,988,460 | $452.4M | Add +44.6% |
| T AT&T Inc. | 0.51% | 18,008,703 | $447.3M | Add +33.0% |
| MU Micron Technology Inc. | 0.50% | 1,537,702 | $438.9M | Add +95.5% |
| PLTR Palantir Technologies Inc. Class A | 0.50% | 2,453,624 | $436.1M | Add +65.6% |
| MO Altria Group Inc. | 0.49% | 7,379,874 | $425.5M | Add +18.6% |
| WMT Walmart Inc. | 0.48% | 3,749,340 | $417.7M | Reduce -29.3% |
| MRK Merck & Co. Inc. | 0.48% | 3,966,826 | $417.5M | Add +22.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.47% | 5,071,162 | $406.8M | Add +708.2% |
| MS Morgan Stanley | 0.47% | 2,287,307 | $406.1M | Add +12.8% |
| APH Amphenol Corp. Class A | 0.43% | 2,782,354 | $376.0M | Reduce -12.1% |
| ACN Accenture PLC Class A | 0.41% | 1,345,503 | $361.0M | Add +36.6% |
| CMCSA Comcast Corp. Class A | 0.40% | 12,538,285 | $353.0M | Add +2.9% |
| PMBS PIMCO MBS Active ETF | 0.40% | 7,039,958 | $349.9M | Add +31.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.40% | 1,136,358 | $345.3M | Add +0.8% |
| AMAT Applied Materials Inc. | 0.39% | 1,330,300 | $341.9M | Reduce -40.9% |
| CMI Cummins Inc. | 0.39% | 663,291 | $338.6M | Reduce -15.9% |
| SYF Synchrony Financial | 0.38% | 4,019,401 | $335.3M | Reduce -17.8% |
| EXC Exelon Corp. | 0.38% | 7,612,010 | $331.8M | Add +69.0% |
| ECL Ecolab Inc. | 0.37% | 1,230,478 | $323.0M | Reduce -8.7% |
| VZ Verizon Communications Inc. | 0.37% | 7,928,761 | $322.9M | Reduce -0.8% |
| EBAY eBay Inc. | 0.36% | 3,626,424 | $315.9M | Add +47.5% |
| TMO Thermo Fisher Scientific Inc. | 0.35% | 526,397 | $305.0M | Reduce -9.1% |
| DAL Delta Air Lines Inc. | 0.34% | 4,327,719 | $300.3M | Add +55.0% |
| SPGI S&P Global Inc. | 0.34% | 573,461 | $299.7M | Add +2.1% |
| BMY Bristol-Myers Squibb Co. | 0.34% | 5,495,386 | $296.4M | Add +5.7% |
| UBS UBS Group AG-Reg | 0.34% | 6,337,956 | $295.7M | Add +42.8% |
| CVS CVS Health Corp. | 0.34% | 3,722,520 | $295.4M | Add +194.8% |
| KR Kroger Co. | 0.33% | 4,653,950 | $290.8M | Reduce -11.4% |
| IWM iShares Russell 2000 ETF | 0.33% | 1,173,150 | $288.8M | Add +3310.3% |
| ABBV Abbvie Inc. | 0.33% | 1,259,223 | $287.7M | Reduce -21.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.32% | 562,097 | $282.5M | Reduce -7.2% |
| VLO Valero Energy Corp. | 0.32% | 1,734,620 | $282.4M | Add +2.7% |
| CRM Salesforce Inc. | 0.31% | 1,021,594 | $270.6M | Reduce -24.3% |
| BKNG Booking Holdings Inc. | 0.31% | 50,001 | $267.8M | Reduce -33.0% |
| INTU Intuit Inc. | 0.31% | 402,709 | $266.8M | Reduce -35.5% |
| VEL Velocity Financial Inc. | 0.30% | 12,637,764 | $262.4M | No change |
| ADBE Adobe Inc. | 0.29% | 731,057 | $255.9M | Add +19.1% |
| WFC Wells Fargo & Co. | 0.29% | 2,741,782 | $255.5M | Reduce -19.5% |
| MPC Marathon Petroleum Corp. | 0.29% | 1,551,396 | $252.3M | Reduce -9.5% |
| VOO Vanguard S&P 500 ETF | 0.29% | 399,194 | $250.3M | Reduce -6.1% |
| LNG Cheniere Energy Inc. | 0.28% | 1,268,081 | $246.5M | Reduce -13.2% |
| TGT Target Corp. | 0.28% | 2,512,962 | $245.6M | Add +19.8% |
| ADSK Autodesk Inc. | 0.28% | 820,543 | $242.9M | Reduce -7.6% |
| MMM 3M Co. | 0.27% | 1,494,763 | $239.3M | Reduce -3.6% |
| ANET Arista Networks Inc. | 0.27% | 1,809,525 | $237.1M | Reduce -1.4% |
| CCO Clear Channel Outdoor Holdin | 0.27% | 104,722,539 | $231.4M | No change |
| PEP Pepsico Inc. | 0.26% | 1,586,632 | $227.7M | Add +128.7% |
| HUM Humana Inc. | 0.26% | 883,910 | $226.4M | Add +84.7% |
| HIG Hartford Insurance Group Inc. | 0.26% | 1,632,082 | $224.9M | Add +131.1% |
| UAL United Airlines Holdings Inc. | 0.25% | 1,958,518 | $219.0M | Add +34.0% |
| EIX Edison International | 0.25% | 3,586,451 | $215.3M | Add +47.8% |
| KGC Kinross Gold Corp. | 0.24% | 7,449,667 | $210.1M | Reduce -2.0% |
| KLAC KLA Corp. | 0.24% | 171,581 | $208.5M | Reduce -5.0% |
| LMT Lockheed Martin Corp. | 0.24% | 424,914 | $205.5M | Reduce -3.4% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.23% | 2,624,910 | $203.0M | Add +19.7% |
| WBD Warner Bros Discovery Inc. | 0.23% | 6,839,793 | $197.1M | Reduce -26.7% |
| CPAY Corpay Inc. | 0.22% | 637,446 | $191.8M | Add +9.0% |
| BSX Boston Scientific Corp. | 0.22% | 1,999,592 | $190.7M | Add +34.1% |
| HCA HCA Healthcare Inc. | 0.22% | 406,868 | $190.0M | Add +12.7% |
| EW Edwards Lifesciences Corp. | 0.21% | 2,192,270 | $186.9M | Add +25.4% |
| ZM Zoom Communications Inc. | 0.21% | 2,112,815 | $182.3M | Add +15.6% |
| NEM Newmont Corp. | 0.21% | 1,805,037 | $180.2M | Add +53.6% |
| MELI MercadoLibre Inc. | 0.21% | 89,396 | $180.1M | Reduce -15.2% |
| FDX FedEx Corp. | 0.21% | 622,669 | $179.9M | Add +16.1% |
| LONZ PIMCO Senior Loan Active ETF | 0.21% | 3,576,883 | $179.8M | Reduce -24.9% |
| MDT Medtronic PLC | 0.20% | 1,846,883 | $177.4M | Add +25.1% |
| THC Tenet Healthcare Corp. | 0.20% | 868,134 | $172.5M | Add +78.1% |
| RL Ralph Lauren Corp. | 0.19% | 472,283 | $167.0M | Reduce -4.9% |
| AMT American Tower Corp. | 0.19% | 947,248 | $166.3M | Add +55.8% |
| HD Home Depot Inc. | 0.19% | 480,984 | $165.5M | Reduce -5.0% |
| TRV The Travelers Cos Inc. | 0.19% | 563,871 | $163.6M | Add +13.0% |
| SCHW Schwab (charles) Corp. | 0.18% | 1,613,436 | $161.2M | Add +97.2% |
| UPS United Parcel Service Class B | 0.18% | 1,625,111 | $161.2M | Add +2.1% |
| LOGI Logitech International-Reg | 0.18% | 1,556,342 | $160.2M | Add +57.4% |
| CI The Cigna Group | 0.18% | 581,543 | $160.1M | Add +18.7% |
Options reported separately and not counted above: HYG puts ($2.3B), EEM puts ($874.2M), IWM puts ($695.2M), QQQ puts ($643.8M), NVDA puts ($413.6M), EFA puts ($277.4M), MSFT puts ($210.7M), NVDA calls ($202.7M), HYG calls ($161.3M), MSFT calls ($160.3M), XLF puts ($154.3M), AAPL puts ($150.4M), and 469 more.
Other holdings (9): bonds, preferreds, convertibles and warrants · $158.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 53,940 | $65.4M | No change |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | 50,000,000 | $50.1M | No change |
| DISH NETWORK CORP (DISH 3.375 08/15/26) | NOTE 3.375% 8/1 · principal | 27,000,000 | $26.2M | No change |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 7,000,000 | $6.9M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 6,000,000 | $5.9M | No change |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 3,000,000 | $2.9M | No change |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 800,000 | $899K | No change |
| EVGO INC | *W EXP 07/01/202 | 3,357,782 | $252K | No change |
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | 200,000 | $199K | No change |
Total filed on the 13F, all lines: $87.4B.
Portfolio Sells Q3 2025 → Q4 2025
| TT Trane Technologies PLC | Reduce -71.3% | 0.13% | −0.40 |
| GILD Gilead Sciences Inc. | Reduce -30.2% | 0.57% | −0.22 |
| INTU Intuit Inc. | Reduce -35.5% | 0.31% | −0.22 |
| WMT Walmart Inc. | Reduce -29.3% | 0.48% | −0.19 |
| BKNG Booking Holdings Inc. | Reduce -33.0% | 0.31% | −0.19 |
| FTNT Fortinet Inc. | Reduce -69.3% | 0.07% | −0.18 |
| AMAT Applied Materials Inc. | Reduce -40.9% | 0.39% | −0.18 |
| UNH Unitedhealth Group Inc. | Reduce -39.2% | 0.17% | −0.14 |
| LNG Cheniere Energy Inc. | Reduce -13.2% | 0.28% | −0.14 |
| UNM Unum Group | Reduce -54.1% | 0.10% | −0.14 |
| CTAS Cintas Corp. | Reduce -73.8% | 0.04% | −0.14 |
| PYPL PayPal Holdings Inc. | Reduce -37.4% | 0.14% | −0.14 |
| GEV GE Vernova Inc. | Reduce -56.2% | 0.10% | −0.13 |
| APP AppLovin Corp. Class A | Reduce -81.0% | 0.03% | −0.13 |
| ABBV Abbvie Inc. | Reduce -21.8% | 0.33% | −0.13 |
| MNST Monster Beverage Corp. | Reduce -47.3% | 0.16% | −0.12 |
| CHTR Charter Communications Inc. Class A | Reduce -17.8% | 0.17% | −0.12 |
| MPC Marathon Petroleum Corp. | Reduce -9.5% | 0.29% | −0.12 |
| EFX Equifax Inc. | Reduce -92.8% | 0.01% | −0.12 |
| SHW The Sherwin-Williams Co. | Reduce -87.4% | 0.01% | −0.12 |
| CPRT Copart Inc. | Reduce -96.2% | 0.00% | −0.11 |
| ROP Roper Technologies Inc. | Reduce -36.7% | 0.12% | −0.11 |
| SNPS Synopsys Inc. | Reduce -65.8% | 0.05% | −0.11 |
| KR Kroger Co. | Reduce -11.4% | 0.33% | −0.10 |
| AJG Arthur J Gallagher & Co. | Reduce -30.9% | 0.12% | −0.10 |
| NOW ServiceNow Inc. | Reduce -21.1% | 0.15% | −0.10 |
| MELI MercadoLibre Inc. | Reduce -15.2% | 0.21% | −0.10 |
| ADP Automatic Data Processing | Reduce -30.5% | 0.13% | −0.10 |
| PM Philip Morris International | Reduce -46.0% | 0.09% | −0.09 |
| ORCL Oracle Corp. | Reduce -0.6% | 0.17% | −0.09 |
| LONZ PIMCO Senior Loan Active ETF | Reduce -24.9% | 0.21% | −0.09 |
| PSKY Paramount Skydance Class B | Sold out | 0.00% | −0.09 |
| TSLA Tesla Inc. | Reduce -4.7% | 0.73% | −0.09 |
| ECL Ecolab Inc. | Reduce -8.7% | 0.37% | −0.08 |
| CRM Salesforce Inc. | Reduce -24.3% | 0.31% | −0.08 |
| CSCO Cisco Systems Inc. | Reduce -12.2% | 0.90% | −0.08 |
| VEEV Veeva Systems Inc. Class A | Reduce -1.5% | 0.17% | −0.08 |
| FOXA Fox Corp. Class A | Reduce -50.5% | 0.09% | −0.08 |
| SPOT Spotify Technology SA | Reduce -9.0% | 0.17% | −0.07 |
| GRMN Garmin Ltd. | Reduce -73.1% | 0.02% | −0.07 |
| DDOG Datadog Inc. Class A | Reduce -69.9% | 0.03% | −0.07 |
| EQIX Equinix Inc. | Reduce -36.5% | 0.10% | −0.07 |
| V Visa Inc. Class A | Reduce -7.2% | 0.54% | −0.07 |
| ADSK Autodesk Inc. | Reduce -7.6% | 0.28% | −0.07 |
| JCI Johnson Controls Internation | Reduce -70.4% | 0.03% | −0.07 |
| LIN Linde PLC | Reduce -17.6% | 0.15% | −0.07 |
| AMRZ Amrize Ltd. | Reduce -69.7% | 0.03% | −0.06 |
| HBI Hanesbrands Inc. | Sold out | 0.00% | −0.06 |
| HD Home Depot Inc. | Reduce -5.0% | 0.19% | −0.06 |
| VZ Verizon Communications Inc. | Reduce -0.8% | 0.37% | −0.06 |
Portfolio Buys Q3 2025 → Q4 2025
| IVV iShares Core S&P 500 ETF | Add +242.8% | 6.54% | +4.53 |
| TTE Totalenergies SE | New | 0.56% | +0.56 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +708.2% | 0.47% | +0.41 |
| MU Micron Technology Inc. | Add +95.5% | 0.50% | +0.34 |
| LRCX Lam Research Corp. | Add +54.0% | 0.73% | +0.33 |
| IWM iShares Russell 2000 ETF | Add +3310.3% | 0.33% | +0.32 |
| TJX TJX Companies Inc. | Add +116.3% | 0.58% | +0.31 |
| MA Mastercard Inc. Class A | Add +42.7% | 1.00% | +0.25 |
| CVS CVS Health Corp. | Add +194.8% | 0.34% | +0.22 |
| LLY Eli Lilly & Co. | Add +19.5% | 0.53% | +0.19 |
| JNJ Johnson & Johnson | Add +10.3% | 1.43% | +0.18 |
| AAPL Apple Inc. | Add +5.8% | 3.66% | +0.18 |
| PLTR Palantir Technologies Inc. Class A | Add +65.6% | 0.50% | +0.17 |
| DAL Delta Air Lines Inc. | Add +55.0% | 0.34% | +0.15 |
| TEL Te Connectivity PLC | Add +44.6% | 0.52% | +0.15 |
| MRK Merck & Co. Inc. | Add +22.7% | 0.48% | +0.14 |
| HIG Hartford Insurance Group Inc. | Add +131.1% | 0.26% | +0.14 |
| PEP Pepsico Inc. | Add +128.7% | 0.26% | +0.14 |
| REGN Regeneron Pharmaceuticals | Add +927.4% | 0.15% | +0.14 |
| JPM JPMorgan Chase & Co. | Add +18.8% | 1.19% | +0.14 |
| AMZN Amazon.com Inc. | Add +8.0% | 2.49% | +0.13 |
| EXC Exelon Corp. | Add +69.0% | 0.38% | +0.13 |
| UBS UBS Group AG-Reg | Add +42.8% | 0.34% | +0.12 |
| ACN Accenture PLC Class A | Add +36.6% | 0.41% | +0.11 |
| IDXX Idexx Laboratories Inc. | Add +191.6% | 0.17% | +0.11 |
| HUM Humana Inc. | Add +84.7% | 0.26% | +0.11 |
| AVGO Broadcom Inc. | Add +10.3% | 1.39% | +0.10 |
| AME Ametek Inc. | Add +186.7% | 0.14% | +0.09 |
| SCHW Schwab (charles) Corp. | Add +97.2% | 0.18% | +0.09 |
| EBAY eBay Inc. | Add +47.5% | 0.36% | +0.09 |
| NEM Newmont Corp. | Add +53.6% | 0.21% | +0.08 |
| EIX Edison International | Add +47.8% | 0.25% | +0.08 |
| UAL United Airlines Holdings Inc. | Add +34.0% | 0.25% | +0.08 |
| PH Parker Hannifin Corp. | Add +86.8% | 0.15% | +0.08 |
| THC Tenet Healthcare Corp. | Add +78.1% | 0.20% | +0.08 |
| PMBS PIMCO MBS Active ETF | Add +31.1% | 0.40% | +0.07 |
| LVS Las Vegas Sands Corp. | Add +401.0% | 0.09% | +0.07 |
| DG Dollar General Corp. | Add +39.7% | 0.17% | +0.07 |
| MS Morgan Stanley | Add +12.8% | 0.47% | +0.07 |
| ACI Albertsons Cos Inc. Class A | Add +2172.8% | 0.07% | +0.07 |
| NRG NRG Energy Inc. | Add +3360.8% | 0.07% | +0.06 |
| UBER Uber Technologies Inc. | Add +103.8% | 0.17% | +0.06 |
| MPWR Monolithic Power Systems Inc. | Add +81.4% | 0.15% | +0.06 |
| JAZZ Jazz Pharmaceuticals PLC | Add +68.2% | 0.12% | +0.06 |
| MCK McKesson Corp. | Add +61.8% | 0.16% | +0.06 |
| EFA iShares MSCI Eafe ETF | Add +1495422.9% | 0.06% | +0.06 |
| DXCM Dexcom Inc. | Add +725.1% | 0.06% | +0.06 |
| DLTR Dollar Tree Inc. | Add +111.3% | 0.09% | +0.06 |
| B Barrick Mining Corp. | Add +101.3% | 0.09% | +0.05 |
| AXS Axis Capital Holdings Ltd. | Add +41.2% | 0.17% | +0.05 |
Options Activity Q3 2025 → Q4 2025
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +746.9% | 28,221,900 | $2.3B |
| EEM iShares MSCI Emerging Market | put | Reduce -8.2% | 15,978,100 | $874.2M |
| IWM iShares Russell 2000 ETF | put | Add +5.9% | 2,824,200 | $695.2M |
| QQQ Invesco QQQ Trust Series 1 | put | Add +8.0% | 1,048,000 | $643.8M |
| NVDA Nvidia Corp. | put | Reduce -12.6% | 2,217,700 | $413.6M |
| EFA iShares MSCI Eafe ETF | put | Add +41.9% | 2,888,300 | $277.4M |
| MSFT Microsoft Corp. | put | Add +9.6% | 435,700 | $210.7M |
| NVDA Nvidia Corp. | call | Add +8.0% | 1,086,900 | $202.7M |
| KWEB Kranesh Csi China Internet | put | Sold out | 4,000,000 | $168.0Mbefore exit |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | call | New | 2,000,000 | $161.3M |
| MSFT Microsoft Corp. | call | Add +14.4% | 331,500 | $160.3M |
| XLF SS Financial Select Sector | put | Add +3.6% | 2,818,100 | $154.3M |
| AAPL Apple Inc. | put | Add +8.1% | 553,400 | $150.4M |
| AMZN Amazon.com Inc. | put | Add +7.1% | 633,300 | $146.2M |
| PLTR Palantir Technologies Inc. Class A | put | Add +1037.0% | 709,500 | $126.1M |
| META Meta Platforms Inc. Class A | put | Add +10.9% | 171,700 | $113.3M |
| AMZN Amazon.com Inc. | call | Add +8.7% | 485,900 | $112.2M |
| AAPL Apple Inc. | call | Add +6.8% | 388,200 | $105.5M |
| ISHARES TR | put | Add +6.0% | 18,650 | $102.0M |
| AVGO Broadcom Inc. | put | Add +9.0% | 277,000 | $95.9M |
| CAT Caterpillar Inc. | put | Add +202.8% | 160,500 | $91.9M |
| META Meta Platforms Inc. Class A | call | Add +35.4% | 132,800 | $87.7M |
| GOOGL Alphabet Inc. Class A | put | Add +8.8% | 242,900 | $76.0M |
| BRK.B Berkshire Hathaway Inc. Class B | put | Reduce -0.7% | 146,400 | $73.6M |
| AVGO Broadcom Inc. | call | Add +4.8% | 189,000 | $65.4M |
| GOOG Alphabet Inc. Class C | put | Add +4.8% | 202,700 | $63.6M |
| TSLA Tesla Inc. | put | Add +1.5% | 140,400 | $63.1M |
| BRK.B Berkshire Hathaway Inc. Class B | call | Add +7.0% | 120,300 | $60.5M |
| GOOGL Alphabet Inc. Class A | call | Add +5.3% | 190,200 | $59.5M |
| TSLA Tesla Inc. | call | Add +3.8% | 130,100 | $58.5M |
| XLI SS Industrial Select Sector | put | Add +15.7% | 369,500 | $57.3M |
| LLY Eli Lilly & Co. | put | Reduce -19.7% | 50,900 | $54.7M |
| JPM JPMorgan Chase & Co. | put | Add +4.5% | 168,000 | $54.1M |
| APH Amphenol Corp. Class A | put | Add +779.2% | 396,500 | $53.6M |
| AMAT Applied Materials Inc. | put | Add +98.4% | 200,200 | $51.4M |
| MA Mastercard Inc. Class A | put | Add +5.0% | 89,800 | $51.3M |
| GOOG Alphabet Inc. Class C | call | Add +3.7% | 161,100 | $50.6M |
| XLE SS Energy Select Sector | put | Add +55.7% | 1,130,600 | $50.5M |
| LLY Eli Lilly & Co. | call | Reduce -8.2% | 45,900 | $49.3M |
| ADI Analog Devices Inc. | put | Add +609.8% | 173,900 | $47.2M |
| V Visa Inc. Class A | put | Add +9.8% | 134,000 | $47.0M |
| ORCL Oracle Corp. | call | Add +622.8% | 240,700 | $46.9M |
| MU Micron Technology Inc. | put | Add +155.2% | 148,800 | $42.5M |
| AMD Advanced Micro Devices | put | Add +9.1% | 198,300 | $42.5M |
| WMT Walmart Inc. | put | Add +1.7% | 316,400 | $35.3M |
| JPM JPMorgan Chase & Co. | call | Add +2.0% | 105,300 | $33.9M |
| CVNA Carvana Co. | put | New | 80,300 | $33.9M |
| V Visa Inc. Class A | call | Add +12.0% | 95,200 | $33.4M |
| MA Mastercard Inc. Class A | call | Add +18.0% | 55,800 | $31.9M |
| HD Home Depot Inc. | put | Add +7.0% | 86,200 | $29.7M |
Showing the first 50 of 487.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | Sold out | 10,800,000 | $10.7Mbefore exit |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | Sold out | 3,800,000 | $4.1Mbefore exit |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Sold out | 3,000,000 | $3.6Mbefore exit |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Sold out | 800,000 | $831Kbefore 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 2026Amended | 1,561 | $107.9B | NVDA, AAPL, SPYM, IVV, MSFT |
| Q1 2026 | 1,499 | $86.5B | NVDA, VG, AAPL, MSFT, GOOGL |
| Q4 2025 | 1,493 | $87.2B | IVV, NVDA, MSFT, AAPL, VG |
| Q3 2025 | 1,507 | $81.1B | VG, NVDA, MSFT, AAPL, AMZN |
| Q2 2025 | 1,505 | $74.8B | VG, NVDA, MSFT, AAPL, AMZN |
| Q1 2025 | 1,706 | $67.8B | VG, MSFT, AAPL, NVDA, AMZN |
| Q4 2024 | 1,665 | $68.8B | AAPL, MSFT, NVDA, AMZN, GOOGL |
| Q3 2024 | 1,651 | $64.6B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q2 2024 | 1,593 | $61.8B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2024 | 1,626 | $59.1B | MSFT, NVDA, AAPL, AMZN, META |