Allianz SE

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Allianz SE reported 372 stock positions worth $4.7 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 23.3% of the portfolio, followed by Nvidia (NVDA, 3.6%) and Microsoft (MSFT, 3.5%). Compared with Q2 2025, it opened 27 new positions, sold out of 42, added to 113 and reduced 83. The biggest buy was Barrick Mining (B, shares +47%) and the biggest sale an exit from Vaneck Semiconductor ETF (SMH).

Most Recent 13F
Q2 2026
Location
Munich, 2M
CIK
0001127508
Portfolio Value
$4.7B (Q3 2025)
SEC Filing
0001193125-25-276089 ↗ filed Nov 12, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $3.2B Q1 2024 Q2 2024: $3.4B Q2 2024 Q3 2024: $3.7B Q3 2024 Q4 2024: $3.8B Q4 2024 Q1 2025: $3.7B Q1 2025 Q2 2025: $4.2B Q2 2025 Q3 2025: $4.7B $4.7B Q3 2025 Q4 2025: $7.8B Q4 2025 Q1 2026: $9.0B Q1 2026 Q2 2026: $9.5B Q2 2026

Holdings 372 stocks · $4.7B
IVV iShares Core S&P 500 ETF 23.34% 1,640,740 $1.1B Add +3.6%
NVDA Nvidia Corp. 3.58% 901,926 $168.3M Reduce -1.8%
MSFT Microsoft Corp. 3.54% 321,516 $166.5M Add +1.6%
AAPL Apple Inc. 3.27% 604,495 $153.9M Add +1.7%
NEM Newmont Corp. 3.17% 1,769,056 $149.1M Reduce -0.9%
QQQ Invesco QQQ Trust Series 1 2.69% 210,957 $126.7M Add +36.5%
AMZN Amazon.com Inc. 2.46% 527,482 $115.8M Add +0.3%
GOOGL Alphabet Inc. Class A 2.39% 462,358 $112.4M Reduce -1.1%
B Barrick Mining Corp. 2.26% 3,230,629 $106.1M Add +47.2%
IAU iShares Gold Trust 1.83% 1,186,632 $86.4M Add +2.8%
SPY SS SPDR S&P 500 ETF Trust-US 1.63% 115,137 $76.7M Add +17.6%
ALTI Alti Global Inc. 1.58% 20,841,870 $74.2M Add +7.9%
ACWI iShares MSCI Acwi ETF 1.54% 525,931 $72.7M Add +0.0%
JPM JPMorgan Chase & Co. 1.37% 204,812 $64.6M Reduce -1.5%
EZU iShares MSCI Eurozone ETF 1.26% 956,487 $59.2M Add +1.7%
META Meta Platforms Inc. Class A 1.25% 79,832 $58.6M Add +0.3%
AVGO Broadcom Inc. 1.20% 170,477 $56.2M Reduce -0.8%
GOOG Alphabet Inc. Class C 1.18% 227,469 $55.4M Reduce -1.4%
TSLA Tesla Inc. 1.02% 108,305 $48.2M Add +2.2%
AXP American Express Co. 0.92% 130,352 $43.3M Reduce -0.4%
V Visa Inc. Class A 0.82% 113,487 $38.7M Add +1.2%
MA Mastercard Inc. Class A 0.79% 65,082 $37.0M Reduce -1.8%
VOO Vanguard S&P 500 ETF 0.72% 55,054 $33.7M Add +307.8%
BRK.B Berkshire Hathaway Inc. Class B 0.71% 66,568 $33.5M Add +4.8%
LIN Linde PLC 0.67% 65,968 $31.3M Reduce -0.3%
ORCL Oracle Corp. 0.65% 109,007 $30.7M Reduce -5.2%
LLY Eli Lilly & Co. 0.64% 39,590 $30.2M Reduce -2.2%
SHY iShares 1-3 Year Treasury Bo 0.60% 342,489 $28.4M Add +7.3%
PM Philip Morris International 0.57% 164,342 $26.7M Add +0.3%
UNH Unitedhealth Group Inc. 0.55% 75,618 $26.1M Add +2.1%
JNJ Johnson & Johnson 0.52% 131,612 $24.4M Reduce -1.2%
NFLX Netflix Inc. 0.51% 20,109 $24.1M Add +1.3%
CRBN Ish Low Car Opt Ms Ac ETF-US 0.49% 102,515 $23.3M Add +3.5%
CAT Caterpillar Inc. 0.48% 47,764 $22.8M No change
ABBV Abbvie Inc. 0.47% 94,649 $21.9M Reduce -0.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.46% 189,371 $21.7M Add +0.0%
EEM iShares MSCI Emerging Market 0.43% 383,216 $20.5M Add +2.3%
COST Costco Wholesale Corp. 0.43% 21,903 $20.3M Add +4.5%
WMT Walmart Inc. 0.42% 189,744 $19.6M No change
MCD McDonald's Corp. 0.41% 63,646 $19.3M Reduce -1.2%
VWO Vanguard Ftse Emerging Marke 0.40% 346,097 $18.8M No change
PFE Pfizer Inc. 0.40% 734,856 $18.7M No change
VFH Vanguard Financials ETF 0.38% 136,810 $18.0M Add +297313.0%
WFC Wells Fargo & Co. 0.37% 206,925 $17.3M No change
UBER Uber Technologies Inc. 0.37% 176,862 $17.3M Reduce -32.2%
AMD Advanced Micro Devices 0.37% 106,201 $17.2M Add +32.5%
CSCO Cisco Systems Inc. 0.36% 250,879 $17.2M Add +3.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.36% 331,935 $17.1M Reduce -0.3%
GS Goldman Sachs Group Inc. 0.36% 21,297 $17.0M Add +1.7%
FXI iShares China Large-Cap ETF 0.36% 410,734 $16.9M Add +4.7%
HD Home Depot Inc. 0.36% 41,291 $16.7M Add +8.4%
RACE Ferrari NV 0.35% 34,392 $16.7M Add +5.9%
PG The Procter & Gamble Co. 0.34% 103,190 $15.9M Reduce -0.8%
SPYX SS SPDR S&P 500 Foss FL ETF 0.33% 282,008 $15.5M Add +3.1%
FDX FedEx Corp. 0.33% 65,201 $15.4M No change
GE General Electric filed as GE AEROSPACE 0.32% 49,640 $14.9M Add +4.5%
NEE Nextera Energy Inc. 0.32% 197,123 $14.9M Add +2.9%
VB Vanguard Most SM-Cap ETF-Usd 0.31% 56,605 $14.4M Add +23004.1%
C Citigroup Inc. 0.30% 139,860 $14.2M Reduce -1.0%
MS Morgan Stanley 0.30% 88,907 $14.1M Add +3.9%
PLTR Palantir Technologies Inc. Class A 0.30% 77,185 $14.1M No change
ENB Enbridge Inc. 0.30% 277,000 $14.0M No change
AEM Agnico Eagle Mines Ltd. 0.29% 80,354 $13.5M Add +1.0%
BKF iShares MSCI Bic ETF 0.29% 297,584 $13.5M Add +1.9%
ADBE Adobe Inc. 0.28% 37,721 $13.3M Add +62.8%
BLK BlackRock Inc. 0.27% 10,949 $12.8M Reduce -1.5%
ICLN iShares Global Clean Energy 0.26% 782,877 $12.1M Add +2.8%
CRM Salesforce Inc. 0.25% 49,851 $11.8M Reduce -6.9%
AMGN Amgen Inc. 0.25% 41,346 $11.7M Add +7.9%
TMUS T-Mobile US Inc. 0.25% 48,711 $11.7M No change
ABT Abbott Laboratories 0.25% 86,499 $11.6M Reduce -21.2%
AMT American Tower Corp. 0.24% 59,889 $11.5M Add +0.5%
ISRG Intuitive Surgical Inc. 0.24% 25,680 $11.5M Add +23.6%
QCOM Qualcomm Inc. 0.24% 68,925 $11.5M Reduce -36.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.24% 40,213 $11.3M Add +6.4%
SRE Sempra 0.23% 121,190 $10.9M No change
EMR Emerson Electric Co. 0.23% 82,658 $10.8M No change
INTU Intuit Inc. 0.23% 15,529 $10.6M Add +5.5%
HSY The Hershey Co. 0.22% 55,741 $10.4M No change
DASH DoorDash Inc. Class A 0.22% 37,300 $10.1M No change
GHYG iShares Us&intl High Yield C 0.21% 214,572 $10.0M Add +1.3%
ADI Analog Devices Inc. 0.21% 40,484 $9.9M No change
PEP Pepsico Inc. 0.21% 70,510 $9.9M Add +61.6%
SE Sea Ltd.-ADR 0.21% 54,510 $9.7M No change
WM Waste Management Inc. 0.20% 43,654 $9.6M Reduce -4.8%
T AT&T Inc. 0.20% 338,198 $9.6M No change
SPG Simon Property Group Inc. 0.20% 50,278 $9.4M Reduce -2.2%
AZO AutoZone Inc. 0.20% 2,199 $9.4M Reduce -3.9%
ADP Automatic Data Processing 0.20% 32,046 $9.4M Add +6.8%
VRTX Vertex Pharmaceuticals Inc. 0.20% 23,921 $9.4M Reduce -0.1%
LOW Lowe's Cos Inc. 0.20% 37,096 $9.3M No change
CB Chubb Ltd. 0.20% 32,720 $9.2M No change
NKE Nike Inc. Class B 0.20% 132,037 $9.2M Add +0.9%
SHOP Shopify Inc. Class A 0.19% 60,646 $9.0M Add +0.1%
MET Metlife Inc. 0.19% 106,644 $8.8M Reduce -1.5%
SCHW Schwab (charles) Corp. 0.18% 90,478 $8.6M Reduce -0.4%
AIG American International Group 0.18% 108,378 $8.5M No change
MRK Merck & Co. Inc. 0.18% 100,714 $8.5M Reduce -3.2%
RTX RTX Corp. 0.18% 50,282 $8.4M Reduce -10.6%
IEMG iShares Core MSCI Emerging 0.18% 126,550 $8.3M Add +1.2%
TRP TC Energy Corp. 0.18% 152,807 $8.3M No change
GDX Vaneck Gold Miners ETF 0.17% 107,560 $8.2M Reduce -0.2%
SPGI S&P Global Inc. 0.17% 16,757 $8.2M No change
DE Deere & Co. 0.17% 17,431 $8.0M No change
GEV GE Vernova Inc. 0.17% 12,948 $8.0M New
HWM Howmet Aerospace Inc. 0.17% 40,186 $7.9M Reduce -3.0%
XME SS SPDR S&P Metals Mining 0.17% 84,270 $7.9M Reduce -16.6%
EXC Exelon Corp. 0.17% 174,015 $7.8M Add +10.1%
CL Colgate-Palmolive Co. 0.17% 97,345 $7.8M Add +1.8%
RCL Royal Caribbean Cruises Ltd. 0.16% 23,860 $7.7M Add +928.5%
TMO Thermo Fisher Scientific Inc. 0.16% 15,552 $7.5M Add +1.3%
NOW ServiceNow Inc. 0.16% 8,164 $7.5M Add +12.7%
UNP Union Pacific Corp. 0.16% 31,707 $7.5M No change
KO The Coca-Cola Co. 0.16% 112,669 $7.5M Reduce -31.7%
FCX Freeport-McMoran Inc. 0.16% 189,779 $7.4M Add +1.4%
XOP SS SPDR S&P Og Exp & Prod 0.16% 56,025 $7.4M Add +9.8%
MDT Medtronic PLC 0.16% 77,070 $7.3M Reduce -3.3%
CEG Constellation Energy 0.15% 21,394 $7.0M Add +8.2%
CI The Cigna Group 0.15% 24,367 $7.0M Reduce -2.5%
CSX CSX Corp. 0.15% 193,239 $6.9M No change
WCN Waste Connections Inc. 0.15% 39,000 $6.9M New
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.14% 197,299 $6.8M Add +334.1%
MDLZ Mondelez International Inc. Class A 0.14% 105,775 $6.6M Reduce -10.7%
KLAC KLA Corp. 0.14% 6,063 $6.5M Add +20.7%
TSM Taiwan Semiconductor-SP ADR 0.13% 22,634 $6.3M Add +13.5%
ANET Arista Networks Inc. 0.13% 43,276 $6.3M No change
PLD Prologis Inc. 0.13% 54,777 $6.3M No change
ACN Accenture PLC Class A 0.13% 25,290 $6.2M Add +6.3%
DSI iShares ESG MSCI KLD 400 ETF 0.13% 49,498 $6.2M Add +9.3%
PBW Invesco Wilderhill Clean Ene 0.13% 214,068 $6.2M Reduce -18.9%
DHR Danaher Corp. 0.13% 31,125 $6.2M Reduce -11.0%
CRWD CrowdStrike Holdings Inc. Class A 0.13% 12,245 $6.0M Add +2.5%
CVS CVS Health Corp. 0.12% 77,714 $5.9M Add +0.4%
UPS United Parcel Service Class B 0.12% 67,936 $5.7M Reduce -0.2%
XOM Exxon Mobil Corp. 0.12% 49,360 $5.6M No change
XYZ Block Inc. 0.12% 77,000 $5.6M No change
AMAT Applied Materials Inc. 0.12% 26,737 $5.5M Add +727.8%
CMCSA Comcast Corp. Class A 0.12% 173,313 $5.4M No change
INTC Intel Corp. 0.11% 160,025 $5.4M Add +68.6%
MELI MercadoLibre Inc. 0.11% 2,227 $5.2M No change
MCO Moody's Corp. 0.10% 10,090 $4.8M No change
CSGP Costar Group Inc. 0.10% 56,052 $4.7M No change
APH Amphenol Corp. Class A 0.10% 37,760 $4.7M No change
LITE Lumentum Holdings Inc. 0.10% 28,685 $4.7M Add +309.8%
ELV Elevance Health Inc. 0.10% 13,857 $4.5M Add +0.1%
BABA Alibaba Group Holding-SP ADR 0.09% 24,710 $4.4M Reduce -11.8%
BMY Bristol-Myers Squibb Co. 0.09% 94,033 $4.2M Reduce -0.6%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.09% 38,779 $4.2M No change
FER Ferrovial NV 0.09% 72,703 $4.2M No change
SNPS Synopsys Inc. 0.09% 8,260 $4.1M Add +38.4%
MUFG Mitsubishi Ufj Finl-Spon ADR 0.09% 255,000 $4.1M No change
FNV Franco-Nevada Corp. 0.09% 18,203 $4.1M Add +21.9%
TEL Te Connectivity PLC 0.09% 18,344 $4.0M Add +69.5%
CBRE CBRE Group Inc. Class A 0.08% 25,094 $4.0M No change
MFG Mizuho Financial Group-ADR 0.08% 590,000 $4.0M No change
PINS Pinterest Inc. Class A 0.08% 122,250 $3.9M Add +56.3%
ATKR Atkore Inc. 0.08% 62,273 $3.9M No change
EXR Extra Space Storage Inc. 0.08% 27,061 $3.8M Reduce -5.4%
BKR Baker Hughes Co. 0.08% 76,387 $3.7M No change
APP AppLovin Corp. Class A 0.08% 5,175 $3.7M Reduce -37.7%
SMFG Sumitomo Mitsui-Spons ADR 0.08% 220,000 $3.7M No change
HUM Humana Inc. 0.08% 13,960 $3.6M No change
LEU Centrus Energy Corp. Class A 0.08% 11,404 $3.5M Add +423.1%
TDG Transdigm Group Inc. 0.07% 2,594 $3.4M No change
CVX Chevron Corp. 0.06% 18,812 $2.9M Add +0.5%
ZBH Zimmer Biomet Holdings Inc. 0.06% 29,000 $2.9M No change
EFX Equifax Inc. 0.06% 10,960 $2.8M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.06% 2,935 $2.8M Add +0.3%
ATO Atmos Energy Corp. 0.06% 15,985 $2.7M No change
YUM Yum! Brands Inc. 0.06% 17,503 $2.7M Add +39.1%
CCI Crown Castle Inc. 0.06% 27,106 $2.6M Add +471.9%
MSCI MSCI Inc. 0.06% 4,575 $2.6M No change
NXPI NXP Semiconductors NV 0.05% 11,333 $2.6M Add +28.3%
NVR NVR Inc. 0.05% 309 $2.5M No change
VMC Vulcan Materials Co. 0.05% 8,023 $2.5M No change
BMRN Biomarin Pharmaceutical Inc. 0.05% 45,000 $2.4M No change
XYL Xylem Inc. 0.05% 16,423 $2.4M No change
IR Ingersoll-Rand Inc. 0.05% 28,545 $2.4M No change
PCAR Paccar Inc. 0.05% 23,502 $2.3M Reduce -8.7%
CPRT Copart Inc. 0.05% 49,180 $2.2M No change
CARR Carrier Global Corp. 0.05% 36,084 $2.2M Reduce -11.3%
TDY Teledyne Technologies Inc. 0.05% 3,626 $2.1M Add +0.7%
STT State Street Corp. 0.04% 18,073 $2.1M No change
EMBJ Embraer SA-Spon ADR 0.04% 33,589 $2.0M New
KKR KKR & Co. Inc. 0.04% 15,310 $2.0M Add +70.9%
MOS The Mosaic Co. 0.04% 56,800 $2.0M No change
EWZ iShares MSCI Brazil ETF 0.04% 62,756 $1.9M Add +4.8%
VRSN Verisign Inc. 0.04% 6,922 $1.9M No change
AGI Alamos Gold Inc. Class A 0.04% 55,105 $1.9M Reduce -15.9%
NTAP Netapp Inc. 0.04% 16,112 $1.9M No change
MU Micron Technology Inc. 0.04% 11,382 $1.9M Reduce -77.0%
CMG Chipotle Mexican Grill Inc. 0.04% 48,500 $1.9M Reduce -7.7%
DD Dupont DE Nemours Inc. 0.04% 24,058 $1.9M Reduce -32.9%
ADM Archer-Daniels-Midland Co. 0.04% 31,250 $1.9M No change
ES Eversource Energy 0.04% 24,584 $1.7M No change
CTVA Corteva Inc. 0.04% 25,804 $1.7M No change
ROK Rockwell Automation Inc. 0.04% 4,962 $1.7M Reduce -13.4%
LRCX Lam Research Corp. 0.04% 12,772 $1.7M Add +269.1%
GLW Corning Inc. 0.04% 20,530 $1.7M New
BKNG Booking Holdings Inc. 0.04% 311 $1.7M Add +314.7%
CNH CNH Industrial NV 0.04% 154,100 $1.7M No change
AOS Smith (a.o.) Corp. 0.03% 21,416 $1.6M No change
KEYS Keysight Technologies Inc. 0.03% 8,934 $1.6M No change
DOV Dover Corp. 0.03% 9,265 $1.5M No change
TXN Texas Instruments Inc. 0.03% 8,394 $1.5M Add +1852.1%
SYY Sysco Corp. 0.03% 18,319 $1.5M Add +3.2%
ETN Eaton Corp. PLC 0.03% 4,005 $1.5M Add +65.6%
BA The Boeing Co. 0.03% 6,914 $1.5M Add +42.7%
JAZZ Jazz Pharmaceuticals PLC 0.03% 11,250 $1.5M Add +0.3%
PAYX Paychex Inc. 0.03% 11,527 $1.5M No change
WELL Welltower Inc. 0.03% 8,110 $1.4M Reduce -1.7%
MMM 3M Co. 0.03% 9,241 $1.4M Add +8.5%
BDX Becton Dickinson and Co. 0.03% 7,241 $1.4M No change
BSX Boston Scientific Corp. 0.03% 13,770 $1.3M Add +397.1%
STLA Stellantis NV 0.03% 141,848 $1.3M Add +6.9%
CDNS Cadence Design SYS Inc. 0.03% 3,600 $1.3M New
VTR Ventas Inc. 0.03% 17,850 $1.2M Add +0.6%
DB Deutsche Bank AG-Registered 0.03% 35,000 $1.2M No change
MSTR Strategy Inc. 0.03% 3,700 $1.2M Add +210.9%
SYK Stryker Corp. 0.02% 3,130 $1.2M Add +9.4%
MO Altria Group Inc. 0.02% 17,371 $1.1M Reduce -0.8%
COIN Coinbase Global Inc. Class A 0.02% 3,271 $1.1M Add +603.4%
FISV Fiserv Inc. 0.02% 8,454 $1.1M New
MAR Marriott International Class A 0.02% 4,040 $1.1M Add +9.5%
PPG PPG Industries Inc. 0.02% 9,767 $1.0M Reduce -16.6%
PDD PDD Holdings Inc. 0.02% 7,446 $984K Reduce -51.3%
FLOT iShares Floating Rate Bond E 0.02% 18,938 $967K No change
HCA HCA Healthcare Inc. 0.02% 2,130 $908K Add +7.3%
LVS Las Vegas Sands Corp. 0.02% 16,800 $904K New
ECL Ecolab Inc. 0.02% 3,236 $886K Add +91.9%
MFC Manulife Financial Corp. 0.02% 28,200 $879K New
FSLR First Solar Inc. 0.02% 3,964 $874K New
APD Air Products & Chemicals Inc. 0.02% 3,190 $870K Add +309.0%
SONY Sony Group Corp. - SP ADR 0.02% 30,000 $864K No change
KTOS Kratos Defense & Security 0.02% 9,382 $857K Add +578.9%
ROP Roper Technologies Inc. 0.02% 1,710 $853K Add +252.6%
TD Toronto-Dominion Bank 0.02% 10,650 $852K New
MTZ Mastec Inc. 0.02% 3,941 $839K New
AYI Acuity Inc. 0.02% 2,410 $830K New
MCHP Microchip Technology Inc. 0.02% 12,750 $819K New
IQV Iqvia Holdings Inc. 0.02% 4,310 $819K Add +27.1%
HLT Hilton Worldwide Holdings Inc. 0.02% 3,150 $817K Reduce -2.2%
KMB Kimberly-Clark Corp. 0.02% 6,540 $813K Reduce -3.4%
DY Dycom Industries Inc. 0.02% 2,710 $791K Add +80.7%
GNTA Genenta Science SPA - ADR 0.02% 234,050 $744K No change
PWR Quanta Services Inc. 0.02% 1,759 $729K New
PANW Palo Alto Networks Inc. 0.01% 3,414 $695K Reduce -61.6%
D Dominion Energy Inc. 0.01% 11,120 $680K No change
STVN Stevanato Group SPA 0.01% 26,050 $671K No change
BMI Badger Meter Inc. 0.01% 3,711 $663K Add +206.2%
ON On Semiconductor 0.01% 12,921 $637K New
VZ Verizon Communications Inc. 0.01% 14,220 $625K No change
LNG Cheniere Energy Inc. 0.01% 2,640 $620K No change
OLED Universal Display Corp. 0.01% 4,192 $602K New
QGEN Qiagen N.V. 0.01% 13,164 $586K Reduce -27.5%
DXCM Dexcom Inc. 0.01% 8,636 $581K Reduce -83.4%
AZN Astrazeneca PLC-Spons ADR 0.01% 7,409 $568K Add +2.6%
BRO Brown & Brown Inc. 0.01% 5,680 $533K New
BNTX Biontech SE-ADR 0.01% 5,380 $531K Reduce -8.5%
CCEP Coca-Cola Europacific Partne 0.01% 5,000 $452K No change
HON Honeywell International Inc. 0.01% 2,130 $448K Reduce -57.1%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.01% 5,062 $446K Add +23.5%
COP Conocophillips 0.01% 4,468 $423K Reduce -5.8%
FTRE Fortrea Holdings Inc. 0.01% 48,000 $404K New
PHM Pultegroup Inc. 0.01% 3,040 $402K No change
GD General Dynamics Corp. 0.01% 1,141 $389K Add +235.6%
TLK Telkom Indonesia Persero-ADR filed as P T TELEKOMUNIKASI INDONESIA 0.01% 20,300 $382K New
PGR Progressive Corp. 0.01% 1,547 $382K No change
RIO Rio Tinto PLC-Spon ADR 0.01% 5,523 $365K No change
NUE Nucor Corp. 0.01% 2,640 $358K No change
COF Capital One Financial Corp. 0.01% 1,610 $342K No change
ORI Old Republic Intl Corp. 0.01% 8,000 $340K New
CYBR Cyberark Software Ltd./Israel 0.01% 700 $338K No change
PEG Public Service Enterprise GP 0.01% 3,830 $320K No change
SBUX Starbucks Corp. 0.01% 3,760 $318K Reduce -88.1%
BWXT BWX Technologies Inc. 0.01% 1,700 $313K New
EIX Edison International 0.01% 5,660 $313K No change
PYPL PayPal Holdings Inc. 0.01% 4,643 $311K Reduce -33.3%
PHI PLDT Inc.-Spon ADR 0.01% 15,519 $290K New
MLM Martin Marietta Materials 0.01% 460 $290K No change
BX Blackstone Inc. 0.01% 1,650 $282K No change
OKTA Okta Inc. 0.01% 3,000 $275K Reduce -67.3%
ICE Intercontinental Exchange Inc. 0.01% 1,610 $271K No change
EOG EOG Resources Inc. 0.01% 2,410 $270K No change
STLD Steel Dynamics Inc. 0.01% 1,930 $269K Reduce -69.8%
HAL Halliburton Co. 0.01% 10,800 $266K Reduce -17.6%
CHT Chunghwa Telecom LT-Spon ADR 0.01% 6,083 $265K New
SKM SK Telecom Co. Ltd.-Spon ADR 0.01% 11,982 $259K New
DECK Deckers Outdoor Corp. 0.01% 2,531 $257K Reduce -86.2%
TTWO Take-Two Interactive Softwre 0.01% 970 $251K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.01% 1,324 $247K No change
NICE Nice Ltd. - Spon ADR 0.01% 1,700 $246K No change
EBAY eBay Inc. 0.01% 2,700 $246K No change
SLV iShares Silver Trust 0.01% 5,788 $245K No change
BTI British American Tob-SP ADR 0.01% 4,592 $244K Reduce -35.5%
WW WW International Inc.-New filed as WW INTL INC 0.01% 8,800 $241K New
MCK McKesson Corp. 0.01% 310 $239K No change
SNOW Snowflake Inc. 0.01% 1,040 $235K Add +16.9%
KGC Kinross Gold Corp. 0.00% 9,291 $231K Add +499.4%
SLVP iShares MSCI Global Silver A 0.00% 8,065 $221K No change
BIDU Baidu Inc. - Spon ADR 0.00% 1,633 $215K Reduce -73.3%
MRVL Marvell Technology Inc. 0.00% 2,500 $210K Reduce -47.9%
DUK Duke Energy Corp. 0.00% 1,666 $206K No change
JD Jd.com Inc.-ADR 0.00% 5,601 $196K No change
EW Edwards Lifesciences Corp. 0.00% 2,490 $194K No change
MNST Monster Beverage Corp. 0.00% 2,780 $187K No change
IWM iShares Russell 2000 ETF 0.00% 709 $172K No change
PRU Prudential Financial Inc. 0.00% 1,650 $171K No change
PNC PNC Financial Services Group 0.00% 850 $171K No change
ACWX iShares MSCI Acwi Ex US ETF 0.00% 2,477 $161K No change
APO Apollo Global Management Inc. 0.00% 1,200 $160K No change
EWW iShares MSCI Mexico ETF 0.00% 2,232 $152K No change
ED Consolidated Edison Inc. 0.00% 1,460 $147K No change
LW Lamb Weston Holdings Inc. 0.00% 2,500 $145K No change
PUK Prudential PLC-ADR 0.00% 5,097 $143K Reduce -32.4%
UBS UBS Group AG-Reg 0.00% 3,390 $139K Reduce -4.3%
TCOM Trip.com Group Ltd.-ADR 0.00% 1,825 $137K Reduce -13.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.00% 272 $130K No change
ALC Alcon Inc. filed as ALCON AG 0.00% 1,700 $127K No change
ENPH Enphase Energy Inc. 0.00% 3,502 $124K No change
VRT Vertiv Holdings Co. Class A 0.00% 797 $120K Reduce -69.8%
DELL Dell Technologies -C 0.00% 740 $105K Reduce -55.2%
MAT Mattel Inc. 0.00% 6,100 $103K No change
SSRM SSR Mining Inc. 0.00% 4,051 $99K No change
MRNA Moderna Inc. 0.00% 3,680 $95K No change
IBLC iShares Blockchain & Tech 0.00% 1,646 $91K No change
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.00% 216 $87K No change
EWJ iShares MSCI Japan ETF 0.00% 1,010 $81K No change
VYM Vanguard High DVD Yield ETF 0.00% 560 $79K No change
AMRZ Amrize Ltd. 0.00% 1,610 $78K No change
IREN Iren Ltd. filed as IREN LIMITED 0.00% 1,220 $57K New
GRAB Grab Holdings Ltd. Class A 0.00% 9,360 $56K No change
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 0.00% 290 $50K No change
GILD Gilead Sciences Inc. 0.00% 430 $48K No change
RMD Resmed Inc. 0.00% 166 $45K Reduce -71.6%
RGTI Rigetti Computing Inc. 0.00% 1,500 $45K No change
EWL iShares MSCI Switzerland ETF 0.00% 755 $42K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.00% 237 $41K No change
SHV iShares 0-1 Year Treasury Bo 0.00% 349 $39K No change
VCIT Vanguard Int-Term Corporate 0.00% 430 $36K No change
SOXX iShares Semiconductor ETF 0.00% 128 $35K No change
BHP BHP Group Ltd.-Spon ADR 0.00% 622 $35K Reduce -40.0%
CCJ Cameco Corp. 0.00% 388 $33K No change
NVO Novo-Nordisk A/S-Spons ADR 0.00% 578 $32K Add +70.0%
VIG Vanguard Dividend Apprec ETF 0.00% 124 $27K No change
VGK Vanguard Ftse Europe ETF 0.00% 321 $26K No change
IYH iShares U.S. Healthcare ETF 0.00% 425 $25K No change
ALB Albemarle Corp. 0.00% 300 $24K No change
TWLO Twilio Inc. Class A 0.00% 225 $23K Reduce -19.1%
HPE Hewlett Packard Enterprise 0.00% 840 $21K No change
MKTX Marketaxess Holdings Inc. 0.00% 116 $20K No change
LNTH Lantheus Holdings Inc. 0.00% 386 $20K No change
RGLD Royal Gold Inc. 0.00% 92 $18K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 367 $18K Reduce -56.3%
ROKU Roku Inc. 0.00% 162 $16K Reduce -36.5%
K Kellanova 0.00% 197 $16K No change
VTRS Viatris Inc. 0.00% 1,632 $16K Add +1.2%
CROX Crocs Inc. 0.00% 187 $16K No change
EXPE Expedia Group Inc. 0.00% 68 $15K No change
COR Cencora Inc. 0.00% 39 $12K No change
DAL Delta Air Lines Inc. 0.00% 214 $12K No change
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.00% 87 $12K No change
VLO Valero Energy Corp. 0.00% 57 $10K No change
GTLB Gitlab Inc. Class A 0.00% 200 $9K No change
BALL Ball Corp. 0.00% 161 $8K No change
VYMI Vanguard Int High DVD YLD Inc. 0.00% 94 $8K No change
CSL Carlisle Cos Inc. 0.00% 24 $8K No change
GNRC Generac Holdings Inc. 0.00% 45 $8K Reduce -13.5%
FICO Fair Isaac Corp. 0.00% 5 $7K New
MCHI iShares MSCI China ETF 0.00% 102 $7K No change
MBLY Mobileye Global Inc. Class A 0.00% 438 $6K No change
CVAC Curevac NV 0.00% 90 $485 No change

Portfolio Sells Q2 2025 → Q3 2025
SMH Vaneck Semiconductor ETF Sold out 0.00% −1.31
VTWO Vanguard Russell 2000 ETF Sold out 0.00% −0.65
SPHB Invesco S&P 500 High Beta Et Sold out 0.00% −0.52
ARKK ARK Innovation ETF Sold out 0.00% −0.45
CTAS Cintas Corp. Sold out 0.00% −0.34
UBER Uber Technologies Inc. Reduce -32.2% 0.37% −0.21
QCOM Qualcomm Inc. Reduce -36.0% 0.24% −0.16
KO The Coca-Cola Co. Reduce -31.7% 0.16% −0.12
ABT Abbott Laboratories Reduce -21.2% 0.25% −0.11
LLY Eli Lilly & Co. Reduce -2.2% 0.64% −0.10
MU Micron Technology Inc. Reduce -77.0% 0.04% −0.10
DXCM Dexcom Inc. Reduce -83.4% 0.01% −0.10
CRM Salesforce Inc. Reduce -6.9% 0.25% −0.09
MA Mastercard Inc. Class A Reduce -1.8% 0.79% −0.09
LIN Linde PLC Reduce -0.3% 0.67% −0.07
AXP American Express Co. Reduce -0.4% 0.92% −0.07
SBUX Starbucks Corp. Reduce -88.1% 0.01% −0.06
ANSS Ansys Inc. Sold out 0.00% −0.06
PG The Procter & Gamble Co. Reduce -0.8% 0.34% −0.05
VRTX Vertex Pharmaceuticals Inc. Reduce -0.1% 0.20% −0.05
JPM JPMorgan Chase & Co. Reduce -1.5% 1.37% −0.05
MDLZ Mondelez International Inc. Class A Reduce -10.7% 0.14% −0.05
CI The Cigna Group Reduce -2.5% 0.15% −0.05
WM Waste Management Inc. Reduce -4.8% 0.20% −0.04
UPS United Parcel Service Class B Reduce -0.2% 0.12% −0.04
DECK Deckers Outdoor Corp. Reduce -86.2% 0.01% −0.04
MCD McDonald's Corp. Reduce -1.2% 0.41% −0.03
DHR Danaher Corp. Reduce -11.0% 0.13% −0.03
CMG Chipotle Mexican Grill Inc. Reduce -7.7% 0.04% −0.03
PANW Palo Alto Networks Inc. Reduce -61.6% 0.01% −0.03
CARR Carrier Global Corp. Reduce -11.3% 0.05% −0.02
AFL Aflac Inc. Sold out 0.00% −0.02
CRWV Coreweave Inc. Class A Sold out 0.00% −0.02
MET Metlife Inc. Reduce -1.5% 0.19% −0.02
EXR Extra Space Storage Inc. Reduce -5.4% 0.08% −0.02
DD Dupont DE Nemours Inc. Reduce -32.9% 0.04% −0.02
HON Honeywell International Inc. Reduce -57.1% 0.01% −0.02
CAAP Corp. America Airports SA Sold out 0.00% −0.02
PDD PDD Holdings Inc. Reduce -51.3% 0.02% −0.02
GIS General Mills Inc. Sold out 0.00% −0.02
OKTA Okta Inc. Reduce -67.3% 0.01% −0.02
RTX RTX Corp. Reduce -10.6% 0.18% −0.02
AGI Alamos Gold Inc. Class A Reduce -15.9% 0.04% −0.02
MRK Merck & Co. Inc. Reduce -3.2% 0.18% −0.02
HWM Howmet Aerospace Inc. Reduce -3.0% 0.17% −0.01
STLD Steel Dynamics Inc. Reduce -69.8% 0.01% −0.01
BMY Bristol-Myers Squibb Co. Reduce -0.6% 0.09% −0.01
TSN Tyson Foods Inc. Class A Sold out 0.00% −0.01
KR Kroger Co. Sold out 0.00% −0.01
PPC Pilgrim's Pride Corp. Sold out 0.00% −0.01

Portfolio Buys Q2 2025 → Q3 2025
B Barrick Mining Corp. Add +47.2% 2.26% +1.18
QQQ Invesco QQQ Trust Series 1 Add +36.5% 2.69% +0.68
VOO Vanguard S&P 500 ETF Add +307.8% 0.72% +0.54
AAPL Apple Inc. Add +1.7% 3.27% +0.39
VFH Vanguard Financials ETF Add +297313.0% 0.38% +0.38
VB Vanguard Most SM-Cap ETF-Usd Add +23004.1% 0.31% +0.30
TSLA Tesla Inc. Add +2.2% 1.02% +0.23
SPY SS SPDR S&P 500 ETF Trust-US Add +17.6% 1.63% +0.20
GEV GE Vernova Inc. New 0.17% +0.17
RCL Royal Caribbean Cruises Ltd. Add +928.5% 0.16% +0.15
WCN Waste Connections Inc. New 0.15% +0.15
IAU iShares Gold Trust Add +2.8% 1.83% +0.13
SLB SLB Ltd. Add +334.1% 0.14% +0.11
AMAT Applied Materials Inc. Add +727.8% 0.12% +0.10
AMD Advanced Micro Devices Add +32.5% 0.37% +0.10
IVV iShares Core S&P 500 ETF Add +3.6% 23.34% +0.09
LITE Lumentum Holdings Inc. Add +309.8% 0.10% +0.08
PEP Pepsico Inc. Add +61.6% 0.21% +0.07
ADBE Adobe Inc. Add +62.8% 0.28% +0.07
LEU Centrus Energy Corp. Class A Add +423.1% 0.08% +0.07
AEM Agnico Eagle Mines Ltd. Add +1.0% 0.29% +0.06
INTC Intel Corp. Add +68.6% 0.11% +0.06
CCI Crown Castle Inc. Add +471.9% 0.06% +0.04
EMBJ Embraer SA-Spon ADR New 0.04% +0.04
TEL Te Connectivity PLC Add +69.5% 0.09% +0.04
GLW Corning Inc. New 0.04% +0.04
KLAC KLA Corp. Add +20.7% 0.14% +0.03
TXN Texas Instruments Inc. Add +1852.1% 0.03% +0.03
GE General Electric Add +4.5% 0.32% +0.03
LRCX Lam Research Corp. Add +269.1% 0.04% +0.03
FNV Franco-Nevada Corp. Add +21.9% 0.09% +0.03
TSM Taiwan Semiconductor-SP ADR Add +13.5% 0.13% +0.03
CDNS Cadence Design SYS Inc. New 0.03% +0.03
SHOP Shopify Inc. Class A Add +0.1% 0.19% +0.03
HD Home Depot Inc. Add +8.4% 0.36% +0.03
BKNG Booking Holdings Inc. Add +314.7% 0.04% +0.03
FISV Fiserv Inc. New 0.02% +0.02
BSX Boston Scientific Corp. Add +397.1% 0.03% +0.02
ICLN iShares Global Clean Energy Add +2.8% 0.26% +0.02
COIN Coinbase Global Inc. Class A Add +603.4% 0.02% +0.02
LVS Las Vegas Sands Corp. New 0.02% +0.02
MFC Manulife Financial Corp. New 0.02% +0.02
FSLR First Solar Inc. New 0.02% +0.02
FXI iShares China Large-Cap ETF Add +4.7% 0.36% +0.02
TD Toronto-Dominion Bank New 0.02% +0.02
MTZ Mastec Inc. New 0.02% +0.02
AYI Acuity Inc. New 0.02% +0.02
MCHP Microchip Technology Inc. New 0.02% +0.02
PINS Pinterest Inc. Class A Add +56.3% 0.08% +0.02
KTOS Kratos Defense & Security Add +578.9% 0.02% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 519$9.5BJAAA, IVV, LQD, PAAA, QQQ
Q1 2026 473$9.0BJAAA, IVV, LQD, PAAA, NEM
Q4 2025 431$7.8BJAAA, IVV, LQD, VCLT, NEM
Q3 2025 372$4.7BIVV, NVDA, MSFT, AAPL, NEM
Q2 2025 387$4.2BIVV, MSFT, NVDA, AAPL, AMZN
Q1 2025 417$3.7BIVV, AAPL, MSFT, NVDA, AMZN
Q4 2024 432$3.8BIVV, AAPL, MSFT, NVDA, AMZN
Q3 2024 376$3.7BIVV, AAPL, MSFT, NVDA, AMZN
Q2 2024 453$3.4BIVV, MSFT, AAPL, NVDA, AMZN
Q1 2024 450$3.2BIVV, MSFT, AAPL, AMZN, GOOGL