Altshuler Shaham Ltd

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Altshuler Shaham Ltd reported 337 stock positions worth $6.0 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 9.9% of the portfolio, followed by Amazon.com (AMZN, 8.5%) and Alphabet Class A (GOOGL, 7.0%). Compared with Q2 2025, it opened 82 new positions, sold out of 41, added to 142 and reduced 86. The biggest buy was Oracle (ORCL, shares +2338%) and the biggest sale Caterpillar (CAT, shares −100%).

Most Recent 13F
Q2 2026
Location
Tel Aviv, L3
CIK
0001324290
Portfolio Value
$6.0B (Q3 2025)
SEC Filing
0001213900-25-109769 ↗ filed Nov 13, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $2.5B Q1 2024 Q2 2024: $2.9B Q2 2024 Q3 2024: $1.7B Q3 2024 Q4 2024: $2.9B Q4 2024 Q1 2025: $4.1B Q1 2025 Q2 2025: $3.1B Q2 2025 Q3 2025: $6.0B $6.0B Q3 2025 Q4 2025: $6.5B Q4 2025 Q1 2026: $5.5B Q1 2026 Q2 2026: $8.0B Q2 2026

Holdings 337 stocks · $6.0B

TSM Taiwan Semiconductor-SP ADR 9.86% 2,130,150 $594.9M Add +42.6%
AMZN Amazon.com Inc. 8.49% 2,332,246 $512.1M Add +162.3%
GOOGL Alphabet Inc. Class A 6.98% 1,731,418 $420.9M Add +86.5%
ESLT Elbit Systems Ltd. 5.18% 615,914 $312.4M Reduce -15.6%
ORCL Oracle Corp. 4.96% 1,063,721 $299.2M Add +2337.8%
MSFT Microsoft Corp. 4.66% 543,095 $281.3M Add +787.5%
UBER Uber Technologies Inc. 3.99% 2,458,052 $240.8M Add +148.5%
CSCO Cisco Systems Inc. 3.88% 3,423,076 $234.2M Add +2480389.9%
ENTG Entegris Inc. 2.94% 1,918,100 $177.3M Add +56.7%
META Meta Platforms Inc. Class A 2.93% 240,810 $176.8M Add +22.9%
EXE Expand Energy Corp. 2.80% 1,591,759 $169.1M Add +95329.2%
ZM Zoom Communications Inc. 2.76% 2,018,972 $166.6M Reduce -1.0%
ICE Intercontinental Exchange Inc. 2.76% 988,500 $166.5M Add +40.1%
TEVA Teva Pharmaceutical-SP ADR 2.69% 8,297,424 $162.1M Add +871.4%
WFC Wells Fargo & Co. 2.39% 1,723,180 $144.4M Add +0.0%
CRH CRH PLC 2.33% 1,170,000 $140.3M New
APP AppLovin Corp. Class A 2.15% 180,333 $129.6M Add +1308.8%
NTR Nutrien Ltd. 2.09% 2,143,196 $125.8M Add +0.3%
NVMI Nova Ltd. 2.08% 395,654 $125.6M Add +0.9%
MDB Mongodb Inc. 2.08% 403,774 $125.3M Add +4297.4%
MELI MercadoLibre Inc. 2.03% 52,526 $122.8M Add +9885.9%
PANW Palo Alto Networks Inc. 1.93% 570,400 $116.1M Reduce -57.5%
LYFT LYFT Inc. Class A 1.83% 5,024,562 $110.6M New
DDOG Datadog Inc. Class A 1.75% 740,019 $105.4M New
TRMB Trimble Inc. 1.71% 1,260,000 $102.9M New
ADI Analog Devices Inc. 1.65% 405,884 $99.7M Add +989861.0%
COO The Cooper Cos Inc. 1.64% 1,440,000 $98.7M New
HON Honeywell International Inc. 1.60% 460,000 $96.8M New
ICL Icl Group Ltd. 1.39% 13,402,930 $83.9M Add +855.0%
HLN Haleon PLC-ADR 1.18% 7,938,977 $71.2M No change
LGIH Lgi Homes Inc. 0.88% 1,031,098 $53.3M Add +33.4%
UPB Upstream Bio Inc. 0.44% 1,416,822 $26.7M Reduce -58.3%
TW Tradeweb Markets Inc. Class A 0.38% 205,000 $22.8M New
ETOR Etoro Group Ltd. Class A 0.26% 383,141 $15.8M Reduce -4.2%
ENLT Enlight Renewable Energy Ltd. 0.21% 412,350 $12.7M Add +2011.0%
GEV GE Vernova Inc. 0.20% 19,970 $12.3M Reduce -42.1%
KEN Kenon Holdings Ltd. 0.16% 214,174 $9.6M Add +4.2%
NRG NRG Energy Inc. 0.14% 50,470 $8.2M Add +58.3%
PFLT Pennantpark Floating Rate Ca 0.14% 916,039 $8.1M Reduce -47.0%
TLN Talen Energy Corp. 0.12% 17,452 $7.4M Reduce -10.1%
CEG Constellation Energy 0.12% 22,115 $7.3M Reduce -13.1%
ODD Oddity Tech Ltd. Class A 0.11% 107,747 $6.7M Add +430.2%
VST Vistra Corp. 0.11% 32,696 $6.4M Add +14.1%
AAPL Apple Inc. 0.10% 24,596 $6.3M Reduce -40.6%
NVDA Nvidia Corp. 0.10% 31,796 $5.9M Reduce -52.2%
DELEK LOGISTICS PARTNERS LP 0.09% 23,610 $5.7M Add +27.1%
FCX Freeport-McMoran Inc. 0.09% 131,582 $5.2M Reduce -51.9%
SNOW Snowflake Inc. 0.06% 16,943 $3.8M Reduce -38.9%
PWR Quanta Services Inc. 0.06% 9,106 $3.8M Add +61.7%
LNG Cheniere Energy Inc. 0.06% 15,858 $3.7M Add +9.9%
INMD Inmode Ltd. 0.06% 227,000 $3.4M Add +9.7%
ETN Eaton Corp. PLC 0.05% 7,846 $2.9M Add +43.7%
CRWV Coreweave Inc. Class A 0.05% 21,234 $2.9M New
GS Goldman Sachs Group Inc. 0.04% 3,239 $2.6M Reduce -53.0%
DD Dupont DE Nemours Inc. 0.04% 32,916 $2.6M New
FSLR First Solar Inc. 0.04% 11,308 $2.5M Add +44.8%
WMT Walmart Inc. 0.04% 24,151 $2.5M Reduce -54.3%
TSLA Tesla Inc. 0.04% 5,259 $2.3M Reduce -45.6%
NKE Nike Inc. Class B 0.04% 32,828 $2.3M Reduce -30.8%
SHEL Shell PLC-ADR 0.04% 30,000 $2.1M Reduce -18.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.03% 37,898 $2.0M No change
CCJ Cameco Corp. 0.03% 22,337 $1.9M Add +91.5%
KMI Kinder Morgan Inc. 0.03% 65,442 $1.9M Add +42.3%
RDDT Reddit Inc. Class A 0.03% 7,911 $1.8M New
PTON Peloton Interactive Inc. Class A 0.03% 189,587 $1.7M Add +89.6%
SO The Southern Co. 0.03% 15,918 $1.5M Add +42.2%
CP Canadian Pacific Kansas City 0.02% 19,684 $1.5M Reduce -8.7%
AEP American Electric Power 0.02% 12,413 $1.4M Add +42.3%
ABNB Airbnb Inc. Class A 0.02% 11,301 $1.4M Reduce -30.0%
BKNG Booking Holdings Inc. 0.02% 248 $1.3M Reduce -3.9%
SMR Nuscale Power Corp. 0.02% 36,886 $1.3M Add +53.0%
VRTX Vertex Pharmaceuticals Inc. 0.02% 3,020 $1.2M No change
AVB Avalonbay Communities Inc. 0.02% 6,000 $1.2M Reduce -23.1%
EME Emcor Group Inc. 0.02% 1,727 $1.1M Add +38.2%
IBKR Interactive Brokers Gro Class A 0.02% 16,000 $1.1M Reduce -20.0%
FLNC Fluence Energy Inc. 0.02% 100,420 $1.1M Add +219.7%
MTZ Mastec Inc. 0.02% 5,021 $1.1M Add +100.9%
PERI Perion Network Ltd. 0.02% 107,567 $1.0M Add +5.5%
WMB Williams Cos Inc. 0.02% 16,005 $1.0M Add +37.6%
SPNS Sapiens International Corp. 0.02% 22,604 $972K New
LEU Centrus Energy Corp. Class A 0.02% 3,112 $965K Add +164.4%
ONON On Holding AG Class A filed as ON HLDG AG 0.02% 22,650 $959K Add +445.8%
JPM JPMorgan Chase & Co. 0.02% 3,000 $946K No change
NXT Nextpower Inc. filed as NEXTRACKER INC 0.02% 12,644 $936K Add +82.6%
HUBB Hubbell Inc. 0.01% 2,107 $907K Add +37.7%
NICE Nice Ltd. - Spon ADR 0.01% 6,052 $893K Add +278.0%
D Dominion Energy Inc. 0.01% 14,533 $889K Add +37.1%
NEE Nextera Energy Inc. 0.01% 11,696 $883K Add +37.2%
XEL Xcel Energy Inc. 0.01% 10,001 $807K Add +37.2%
FTNT Fortinet Inc. 0.01% 9,467 $796K New
FIX Comfort Systems USA Inc. 0.01% 963 $795K Add +36.4%
UEC Uranium Energy Corp. 0.01% 59,289 $791K Add +32.9%
ETR Entergy Corp. 0.01% 8,349 $778K Add +37.1%
BWXT BWX Technologies Inc. 0.01% 4,167 $768K Add +36.5%
SN Sharkninja Inc. 0.01% 7,353 $758K Add +77.0%
MNDY Monday.com Ltd. 0.01% 3,871 $750K New
FORTY Formula Systems 1985-SP ADR 0.01% 5,365 $748K Add +26.5%
WEC WEC Energy Group Inc. 0.01% 6,448 $739K Add +36.5%
HLT Hilton Worldwide Holdings Inc. 0.01% 2,781 $722K No change
NYAX Nayax Ltd. 0.01% 14,368 $688K Reduce -44.8%
VNT Vontier Corp. 0.01% 16,000 $672K Reduce -38.5%
CAMT Camtek Ltd. 0.01% 6,353 $665K Add +53.6%
TLRY Tilray Brands Inc. 0.01% 373,056 $645K New
CW Curtiss-Wright Corp. 0.01% 1,181 $641K Add +34.0%
SRE Sempra 0.01% 6,855 $617K Add +33.6%
MAR Marriott International Class A 0.01% 2,360 $615K No change
SPOT Spotify Technology SA 0.01% 847 $591K Reduce -13.1%
PEG Public Service Enterprise GP 0.01% 6,542 $546K Add +33.5%
RCL Royal Caribbean Cruises Ltd. 0.01% 1,650 $534K No change
BDC Belden Inc. 0.01% 13,787 $519K Reduce -55.3%
EQT Eqt Corp. 0.01% 9,301 $506K Add +31.0%
UPST Upstart Holdings Inc. 0.01% 9,650 $490K Reduce -25.8%
AA Alcoa Corp. 0.01% 14,616 $481K Add +28.6%
H Hyatt Hotels Corp. Class A 0.01% 3,217 $457K No change
AI C3.AI Inc. Class A 0.01% 26,100 $453K New
DAL Delta Air Lines Inc. 0.01% 7,863 $446K Reduce -17.9%
MNST Monster Beverage Corp. 0.01% 6,625 $446K Reduce -16.4%
OPEN Opendoor Technologies Inc. 0.01% 55,000 $438K Reduce -94.1%
MRNA Moderna Inc. 0.01% 16,000 $413K Reduce -40.3%
NXE Nexgen Energy Ltd. 0.01% 45,443 $407K Add +24.5%
TDG Transdigm Group Inc. 0.01% 292 $385K No change
TSEM Tower Semiconductor Ltd. 0.01% 5,163 $373K Reduce -65.9%
CHWY Chewy Inc. Class A 0.01% 9,100 $368K Reduce -67.5%
NTNX Nutanix Inc. Class A 0.01% 4,852 $361K New
AR Antero Resources Corp. 0.01% 9,818 $329K Add +24.6%
CAT Caterpillar Inc. 0.00% 625 $298K Reduce -99.9%
S Sentinelone Inc. Class A 0.00% 16,400 $289K Reduce -77.2%
BLDR Builders Firstsource Inc. 0.00% 2,250 $273K No change
MIR Mirion Technologies Inc. 0.00% 11,141 $259K Add +17.0%
SONY GROUP CORP 0.00% 531,786 $244K No change
NUE Nucor Corp. 0.00% 1,760 $238K Reduce -89.4%
NI Nisource Inc. 0.00% 5,494 $238K Add +14.9%
QCOM Qualcomm Inc. 0.00% 1,360 $226K Add +1.4%
NET Cloudflare Inc. Class A 0.00% 1,012 $217K New
UAL United Airlines Holdings Inc. 0.00% 2,054 $198K Add +1.9%
DUOL Duolingo 0.00% 587 $189K New
ONDS Ondas Inc. filed as ONDAS HLDGS INC 0.00% 24,400 $188K New
VLTO Veralto Corp. 0.00% 1,663 $177K Reduce -44.6%
PNR Pentair PLC 0.00% 1,535 $170K Reduce -45.7%
REYN Reynolds Consumer Products I 0.00% 922 $154K Reduce -33.2%
GILT Gilat Satellite Networks Ltd. 0.00% 10,342 $132K Reduce -85.7%
AIR PRODUCTS AND CHEMICALS I 0.00% 463 $126K Reduce -62.0%
SATL Satellogic Inc. Class A 0.00% 163,613 $57K Reduce -4.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.00% 145 $41K Add +339.4%
VZ Verizon Communications Inc. 0.00% 839 $37K Add +105.6%
ECX Ecarx Holdings Inc. Class A 0.00% 599,992 $36K No change
IVZ Invesco Ltd. 0.00% 1,435 $33K Add +17.2%
ORMP Oramed Pharmaceuticals Inc. 0.00% 11,211 $30K Reduce -5.4%
ORA Ormat Technologies Inc. 0.00% 300 $29K Reduce -94.6%
APA Apa Corp. 0.00% 1,155 $28K Add +17.3%
JEF Jefferies Financial Group Inc. 0.00% 422 $28K Add +17.2%
APTV Aptiv PLC 0.00% 314 $27K Add +17.2%
PLX Protalix Biotherapeutics Inc. 0.00% 12,142 $27K No change
AES AES Corp. 0.00% 2,035 $27K Add +17.2%
GM General Motors Co. 0.00% 434 $26K Add +17.3%
MHK Mohawk Industries Inc. 0.00% 205 $26K Add +17.1%
R Ryder System Inc. 0.00% 139 $26K Add +16.8%
HAL Halliburton Co. 0.00% 1,034 $25K Add +17.2%
SYF Synchrony Financial 0.00% 358 $25K Add +17.4%
NXST Nexstar Media Group Inc. 0.00% 125 $25K Add +16.8%
LRCX Lam Research Corp. 0.00% 184 $25K Add +19.5%
CVS CVS Health Corp. 0.00% 325 $25K Add +16.9%
LEN Lennar Corp. Class A 0.00% 188 $24K Add +17.5%
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 0.00% 365 $23K Add +17.4%
DVN Devon Energy Corp. 0.00% 656 $23K Add +17.4%
ANET Arista Networks Inc. 0.00% 157 $23K Add +68.8%
OMF Onemain Holdings Inc. 0.00% 400 $23K Add +17.3%
GPN Global Payments Inc. 0.00% 270 $22K Add +17.4%
MGM MGM Resorts International 0.00% 647 $22K Add +17.2%
OVV Ovintiv Inc. 0.00% 554 $22K Add +17.1%
CHRD Chord Energy Corp. 0.00% 224 $22K Add +17.3%
NLY Annaly Capital Management Inc. 0.00% 1,090 $22K Add +17.2%
TBLA Taboola.com Ltd. 0.00% 181,659 $21K Add +1.0%
EIX Edison International 0.00% 381 $21K Add +17.2%
GAP The Gap Inc. 0.00% 984 $21K Add +17.1%
RITM Rithm Capital Corp. 0.00% 1,846 $21K Add +17.2%
ADT Adt Inc. 0.00% 2,406 $21K Add +17.2%
ARW Arrow Electronics Inc. 0.00% 172 $21K Add +17.0%
AMAT Applied Materials Inc. 0.00% 101 $21K Add +24.7%
MTDR Matador Resources Co. 0.00% 460 $21K Add +17.4%
LAD Lithia Motors Inc. 0.00% 65 $21K Add +16.1%
ZIM Zim Integrated Shipping Serv 0.00% 1,500 $20K Reduce -40.0%
KHC The Kraft Heinz Co. 0.00% 775 $20K Add +17.3%
ALK Alaska Air Group Inc. 0.00% 405 $20K Add +17.4%
PR Permian Resources Corp. Class A 0.00% 1,571 $20K Add +17.1%
UGI Ugi Corp. 0.00% 584 $19K Add +17.3%
MU Micron Technology Inc. 0.00% 116 $19K Reduce -97.5%
CMCSA Comcast Corp. Class A 0.00% 601 $19K Add +17.1%
CNH CNH Industrial NV 0.00% 1,663 $18K Add +17.2%
TAP Molson Coors Beverage Co. Class B 0.00% 392 $18K Add +17.0%
CROX Crocs Inc. 0.00% 209 $17K Reduce -99.2%
AMD Advanced Micro Devices 0.00% 101 $16K Add +34.7%
CRSP Crispr Therapeutics AG 0.00% 250 $16K New
APH Amphenol Corp. Class A 0.00% 130 $16K Add +34.0%
LIVN Livanova PLC 0.00% 300 $16K New
NFLX Netflix Inc. 0.00% 13 $16K Reduce -99.0%
AVGO Broadcom Inc. 0.00% 46 $15K Add +35.3%
ADBE Adobe Inc. 0.00% 41 $14K Reduce -99.0%
WU Western Union Co. 0.00% 1,750 $14K New
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 0.00% 325 $14K New
TGEN Tecogen Inc./Waltham Ma 0.00% 1,500 $13K New
PPTA Perpetua Resources Corp. 0.00% 650 $13K New
ARM Arm Holdings PLC-ADR 0.00% 92 $13K Add +35.3%
CRWD CrowdStrike Holdings Inc. Class A 0.00% 26 $13K Add +36.8%
MRK Merck & Co. Inc. 0.00% 150 $13K New
TXN Texas Instruments Inc. 0.00% 63 $12K Add +34.0%
SPGI S&P Global Inc. 0.00% 23 $11K Add +35.3%
NOW ServiceNow Inc. 0.00% 12 $11K Add +33.3%
INTU Intuit Inc. 0.00% 16 $11K Add +33.3%
CRM Salesforce Inc. 0.00% 45 $11K Add +32.4%
TWLO Twilio Inc. Class A 0.00% 100 $10K New
HIPO Hippo Holdings Inc. 0.00% 270 $10K Reduce -99.2%
ACN Accenture PLC Class A 0.00% 38 $9K Reduce -7.3%
PERPETUA RESOURCES CORP 0.00% 55 $9K New
KLAC KLA Corp. 0.00% 8 $9K Add +60.0%
BAND Bandwidth Inc. Class A 0.00% 500 $8K New
DRTS Alpha Tau Medical Ltd. 0.00% 1,800 $8K New
EA Electronic Arts Inc. 0.00% 40 $8K New
NVR NVR Inc. 0.00% 1 $8K No change
FIVN FIVE9 Inc. 0.00% 300 $7K New
RNG Ringcentral Inc. Class A 0.00% 250 $7K New
MSCI MSCI Inc. 0.00% 12 $7K Add +71.4%
UI Ubiquiti Inc. 0.00% 8 $5K Reduce -20.0%
SCCO Southern Copper Corp. 0.00% 42 $5K New
ARBE Arbe Robotics Ltd. 0.00% 3,044 $5K No change
CPRI Capri Holdings Ltd. 0.00% 250 $5K New
DDS Dillards Inc. Class A 0.00% 8 $5K Reduce -20.0%
CORT Corcept Therapeutics Inc. 0.00% 59 $5K No change
LIVEPERSON INC 0.00% 7,783 $5K No change
IESC Ies Holdings Inc. filed as IES HLDGS INC 0.00% 12 $5K New
EXEL Exelixis Inc. 0.00% 114 $5K Add +16.3%
MEDP Medpace Holdings Inc. 0.00% 9 $5K New
MPWR Monolithic Power Systems Inc. 0.00% 5 $5K New
BBW Build-A-Bear Workshop Inc. 0.00% 70 $5K Reduce -21.4%
FFIV F5 Inc. 0.00% 14 $5K New
PIPR Piper Sandler Cos 0.00% 13 $5K New
PEGA Pegasystems Inc. 0.00% 78 $4K New
IDXX Idexx Laboratories Inc. 0.00% 7 $4K Reduce -12.5%
SIGA Siga Technologies Inc. 0.00% 488 $4K New
CARG Cargurus Inc. 0.00% 119 $4K New
ORLY O'reilly Automotive Inc. 0.00% 41 $4K Reduce -8.9%
YUM Yum! Brands Inc. 0.00% 29 $4K No change
ROL Rollins Inc. 0.00% 75 $4K Add +5.6%
GOLF Acushnet Holdings Corp. 0.00% 56 $4K Reduce -3.5%
LOPE Grand Canyon Education Inc. 0.00% 20 $4K Reduce -4.8%
EVR Evercore Inc. Class A 0.00% 13 $4K New
RMD Resmed Inc. 0.00% 16 $4K Reduce -5.9%
ULTA Ulta Beauty Inc. 0.00% 8 $4K Reduce -11.1%
MCRI Monarch Casino & Resort Inc. 0.00% 41 $4K Reduce -16.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.00% 30 $4K Reduce -6.3%
AOS Smith (a.o.) Corp. 0.00% 59 $4K Reduce -7.8%
AWI Armstrong World Industries 0.00% 22 $4K Reduce -18.5%
GNTX Gentex Corp. 0.00% 152 $4K New
WSM Williams-Sonoma Inc. 0.00% 22 $4K Reduce -15.4%
EXPD Expeditors Intl Wash Inc. 0.00% 35 $4K Reduce -5.4%
AZO AutoZone Inc. 0.00% 1 $4K No change
BKE The Buckle Inc. 0.00% 73 $4K New
SYY Sysco Corp. 0.00% 52 $4K New
EBAY eBay Inc. 0.00% 47 $4K Reduce -98.6%
IRMD Iradimed Corp. 0.00% 60 $4K New
ROST Ross Stores Inc. 0.00% 28 $4K New
PJT PJT Partners Inc. Class A 0.00% 24 $4K New
GGG Graco Inc. 0.00% 50 $4K Add +2.0%
LII Lennox International Inc. 0.00% 8 $4K Add +14.3%
TT Trane Technologies PLC 0.00% 10 $4K No change
VRSN Verisign Inc. 0.00% 15 $4K No change
ITW Illinois Tool Works 0.00% 16 $4K Reduce -5.9%
FAST Fastenal Co. 0.00% 85 $4K Reduce -15.8%
MO Altria Group Inc. 0.00% 63 $4K Reduce -10.0%
YELP Yelp Inc. 0.00% 133 $4K Add +20.9%
HRB H&R Block Inc. filed as BLOCK H & R INC 0.00% 82 $4K Add +15.5%
APPF Appfolio Inc. Class A 0.00% 15 $4K New
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.00% 40 $4K New
CTAS Cintas Corp. 0.00% 20 $4K Add +11.1%
KMB Kimberly-Clark Corp. 0.00% 33 $4K Add +10.0%
QLYS Qualys Inc. 0.00% 31 $4K Add +3.3%
MANH Manhattan Associates Inc. 0.00% 20 $4K Reduce -9.1%
ZTS Zoetis Inc. 0.00% 28 $4K Add +12.0%
MAS Masco Corp. 0.00% 58 $4K New
KFRC Kforce Inc. 0.00% 136 $4K Add +36.0%
SEIC Sei Investments Company 0.00% 48 $4K Reduce -2.0%
AAMI Acadian Asset Management Inc. 0.00% 84 $4K Reduce -39.1%
FERG Ferguson Enterprises Inc. 0.00% 18 $4K New
VRSK Verisk Analytics Inc. 0.00% 16 $4K Add +23.1%
LOW Lowe's Cos Inc. 0.00% 16 $4K Reduce -11.1%
LECO Lincoln Electric Holdings 0.00% 17 $4K Reduce -19.1%
CL Colgate-Palmolive Co. 0.00% 50 $4K Add +8.7%
MA Mastercard Inc. Class A 0.00% 7 $4K No change
TSCO Tractor Supply Company 0.00% 70 $4K New
WDFC WD-40 Co. 0.00% 20 $4K Add +17.6%
ODFL Old Dominion Freight Line 0.00% 28 $4K Add +7.7%
DFIN Donnelley Financial Solution 0.00% 76 $4K Add +1.3%
BLD Topbuild Corp. 0.00% 10 $4K New
BAH Booz Allen Hamilton Holdings 0.00% 39 $4K New
PLTK Playtika Holding Corp. 0.00% 1,000 $4K New
CNS Cohen & Steers Inc. 0.00% 59 $4K New
PRG Prog Holdings Inc. 0.00% 119 $4K New
ANF Abercrombie & Fitch Co. Class A 0.00% 45 $4K Reduce -98.7%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.00% 4 $4K No change
MCO Moody's Corp. 0.00% 8 $4K Reduce -11.1%
FIZZ National Beverage Corp. 0.00% 102 $4K Add +13.3%
INTC Intel Corp. 0.00% 112 $4K New
CRVL Corvel Corp. 0.00% 48 $4K Add +29.7%
MTD Mettler-Toledo International 0.00% 3 $4K Reduce -25.0%
CSL Carlisle Cos Inc. 0.00% 11 $4K No change
VLN Valens Semiconductor Ltd. 0.00% 2,000 $4K New
RBLX Roblox Corp. Class A 0.00% 25 $3K New
KMDA Kamada Ltd. 0.00% 473 $3K No change
SFM Sprouts Farmers Market Inc. 0.00% 30 $3K Add +25.0%
TEL Te Connectivity PLC 0.00% 14 $3K New
MRVL Marvell Technology Inc. 0.00% 34 $3K New
DELL Dell Technologies -C 0.00% 20 $3K New
CDNS Cadence Design SYS Inc. 0.00% 8 $3K New
MGIC Magic Software Enterprises 0.00% 135 $3K New
GRMN Garmin Ltd. 0.00% 11 $3K Reduce -99.4%
TTWO Take-Two Interactive Softwre 0.00% 10 $3K New
MSTR Strategy Inc. 0.00% 8 $3K New
ADSK Autodesk Inc. 0.00% 8 $3K Reduce -42.9%
NXPI NXP Semiconductors NV 0.00% 11 $3K New
SNPS Synopsys Inc. 0.00% 5 $2K New
CYBR Cyberark Software Ltd./Israel 0.00% 5 $2K New
ZS Zscaler Inc. 0.00% 8 $2K Reduce -99.6%
MSI Motorola Solutions Inc. 0.00% 5 $2K Reduce -50.0%
WDAY Workday Inc. Class A 0.00% 9 $2K New
ROP Roper Technologies Inc. 0.00% 4 $2K New
CTSH Cognizant Tech Solutions-A 0.00% 29 $2K New
CHKP Check Point Software Tech 0.00% 9 $2K Reduce -99.8%
TEAM Atlassian Corp. Class A 0.00% 11 $2K New
OPK Opko Health Inc. 0.00% 1,132 $2K Reduce -95.0%
WIX Wix.com Ltd. 0.00% 7 $1K New
DOX Amdocs Ltd. 0.00% 13 $1K Reduce -71.1%
EVGN Evogene Ltd. 0.00% 750 $856 New
GLBE Global-E Online Ltd. 0.00% 20 $715 New
FROG Jfrog Ltd. 0.00% 14 $663 New
AMC AMC Entertainment HLDS Class A 0.00% 220 $638 No change
CLBT Cellebrite Di Ltd. 0.00% 28 $519 New
LLY Eli Lilly & Co. 0.00% 19,207 $0 No change

Options reported separately and not counted above: NEBIUS GROUP N.V. calls ($1.1M), STRATEGY INC puts ($579K), NEBIUS GROUP N.V. calls ($356K), STRATEGY INC calls ($135K), SPDR GOLD TR calls ($46K), TSLA calls ($33K), OPEN calls ($31K), CIRCLE INTERNET GROUP INC puts ($26K), CIPHER DIGITAL INC puts ($14K), SPY puts ($13K), TSLA puts ($8K), DEFI DEVELOPMENT CORP calls ($3K), and 3 more.

Other holdings (13): bonds, preferreds, convertibles and warrants · $17.2M (not counted above)
SecurityClassShares / PrincipalValueChange
NBIS Nebius Group NV SHS CLASS A · principal 4,184,000$5.7MAdd +99.2%
IREN Iren Ltd. ORDINARY SHARES · principal 1,700,000$5.5MNo change
TEM Tempus AI Inc. Class A CL A · principal 1,000,000$1.3MNew
AISPW Airship AI Holdings Inc.-CW28 *W EXP 12/21/202 664,999$1.1MNo change
CIPHER DIGITAL INC (CIFR 1.75 05/15/30) NOTE 1.750% 5/1 · principal 875,000$960KNew
NIOBW Niocorp Developments Ltd. -28 *W EXP 03/17/202 479,999$883KReduce -2.0%
TERAWULF INC CALL · principal 500,000$600KNew
PGY Pagaya Technologies Ltd. Class A CL A NEW · principal 200,000$510KNo change
PLUG Plug Power Inc. COM NEW · principal 400,000$392KNew
FBYDW Falcon's Beyond Global-27 *W EXP 10/06/202 84,375$142KReduce -8.2%
KIDZW Classover Holdings Inc. - 30 *W EXP 04/03/203 504,998$41KNo change
DJTWW Trump Media & Technology Gro *W EXP 03/25/202 1,000$8KNo change
BNAIW Brand Engagement Netwo -CW27 *W EXP 03/14/202 66,666$1KNo change

Total filed on the 13F, all lines: $6.1B.

Portfolio Sells Q2 2025 → Q3 2025

CAT Caterpillar Inc. Reduce -99.9% 0.00% −11.55
PANW Palo Alto Networks Inc. Reduce -57.5% 1.93% −6.85
ESLT Elbit Systems Ltd. Reduce -15.6% 5.18% −5.16
ZM Zoom Communications Inc. Reduce -1.0% 2.76% −2.31
UPB Upstream Bio Inc. Reduce -58.3% 0.44% −0.75
ETOR Etoro Group Ltd. Class A Reduce -4.2% 0.26% −0.59
PFLT Pennantpark Floating Rate Ca Reduce -47.0% 0.14% −0.44
GEV GE Vernova Inc. Reduce -42.1% 0.20% −0.38
FCX Freeport-McMoran Inc. Reduce -51.9% 0.09% −0.29
NVDA Nvidia Corp. Reduce -52.2% 0.10% −0.24
UNH Unitedhealth Group Inc. Sold out 0.00% −0.19
AAPL Apple Inc. Reduce -40.6% 0.10% −0.17
CEG Constellation Energy Reduce -13.1% 0.12% −0.14
SNOW Snowflake Inc. Reduce -38.9% 0.06% −0.13
WMT Walmart Inc. Reduce -54.3% 0.04% −0.12
GS Goldman Sachs Group Inc. Reduce -53.0% 0.04% −0.11
SKX Skechers USA Inc. Class A Sold out 0.00% −0.09
CROX Crocs Inc. Reduce -99.2% 0.00% −0.08
NKE Nike Inc. Class B Reduce -30.8% 0.04% −0.07
NUE Nucor Corp. Reduce -89.4% 0.00% −0.06
TSLA Tesla Inc. Reduce -45.6% 0.04% −0.06
NFLX Netflix Inc. Reduce -99.0% 0.00% −0.06
GSK GSK PLC-Spon ADR Sold out 0.00% −0.06
TLN Talen Energy Corp. Reduce -10.1% 0.12% −0.06
ADBE Adobe Inc. Reduce -99.0% 0.00% −0.05
SHEL Shell PLC-ADR Reduce -18.9% 0.04% −0.05
ABNB Airbnb Inc. Class A Reduce -30.0% 0.02% −0.05
AMT American Tower Corp. Sold out 0.00% −0.04
CHKP Check Point Software Tech Reduce -99.8% 0.00% −0.04
S Sentinelone Inc. Class A Reduce -77.2% 0.00% −0.04
CHWY Chewy Inc. Class A Reduce -67.5% 0.01% −0.03
AVB Avalonbay Communities Inc. Reduce -23.1% 0.02% −0.03
BDC Belden Inc. Reduce -55.3% 0.01% −0.03
NYAX Nayax Ltd. Reduce -44.8% 0.01% −0.03
CP Canadian Pacific Kansas City Reduce -8.7% 0.02% −0.03
IP International Paper Co. Sold out 0.00% −0.03
HIPO Hippo Holdings Inc. Reduce -99.2% 0.00% −0.03
BKNG Booking Holdings Inc. Reduce -3.9% 0.02% −0.03
GTLB Gitlab Inc. Class A Sold out 0.00% −0.02
GTLS Chart Industries Inc. Sold out 0.00% −0.02
AFRM Affirm Holdings Inc. Sold out 0.00% −0.02
VNT Vontier Corp. Reduce -38.5% 0.01% −0.02
ZS Zscaler Inc. Reduce -99.6% 0.00% −0.02
UPST Upstart Holdings Inc. Reduce -25.8% 0.01% −0.02
MU Micron Technology Inc. Reduce -97.5% 0.00% −0.02
PINS Pinterest Inc. Class A Sold out 0.00% −0.02
IBKR Interactive Brokers Gro Class A Reduce -20.0% 0.02% −0.02
MRNA Moderna Inc. Reduce -40.3% 0.01% −0.02
TSEM Tower Semiconductor Ltd. Reduce -65.9% 0.01% −0.01
GILT Gilat Satellite Networks Ltd. Reduce -85.7% 0.00% −0.01

Portfolio Buys Q2 2025 → Q3 2025

ORCL Oracle Corp. Add +2337.8% 4.96% +4.65
CSCO Cisco Systems Inc. Add +2480389.9% 3.88% +3.88
MSFT Microsoft Corp. Add +787.5% 4.66% +3.69
EXE Expand Energy Corp. Add +95329.2% 2.80% +2.80
CRH CRH PLC New 2.33% +2.33
AMZN Amazon.com Inc. Add +162.3% 8.49% +2.27
TEVA Teva Pharmaceutical-SP ADR Add +871.4% 2.69% +2.23
MDB Mongodb Inc. Add +4297.4% 2.08% +2.02
APP AppLovin Corp. Class A Add +1308.8% 2.15% +2.00
MELI MercadoLibre Inc. Add +9885.9% 2.03% +1.99
LYFT LYFT Inc. Class A New 1.83% +1.83
GOOGL Alphabet Inc. Class A Add +86.5% 6.98% +1.76
DDOG Datadog Inc. Class A New 1.75% +1.75
TRMB Trimble Inc. New 1.71% +1.71
ADI Analog Devices Inc. Add +989861.0% 1.65% +1.65
COO The Cooper Cos Inc. New 1.64% +1.64
HON Honeywell International Inc. New 1.60% +1.60
ICL Icl Group Ltd. Add +855.0% 1.39% +1.08
UBER Uber Technologies Inc. Add +148.5% 3.99% +1.05
TW Tradeweb Markets Inc. Class A New 0.38% +0.38
ENLT Enlight Renewable Energy Ltd. Add +2011.0% 0.21% +0.20
ODD Oddity Tech Ltd. Class A Add +430.2% 0.11% +0.06
CRWV Coreweave Inc. Class A New 0.05% +0.05
DD Dupont DE Nemours Inc. New 0.04% +0.04
RDDT Reddit Inc. Class A New 0.03% +0.03
SPNS Sapiens International Corp. New 0.02% +0.02
FTNT Fortinet Inc. New 0.01% +0.01
MNDY Monday.com Ltd. New 0.01% +0.01
FLNC Fluence Energy Inc. Add +219.7% 0.02% +0.01
TLRY Tilray Brands Inc. New 0.01% +0.01
LEU Centrus Energy Corp. Class A Add +164.4% 0.02% +0.01
ONON On Holding AG Class A Add +445.8% 0.02% +0.01
AI C3.AI Inc. Class A New 0.01% +0.01
NICE Nice Ltd. - Spon ADR Add +278.0% 0.01% +0.01
PTON Peloton Interactive Inc. Class A Add +89.6% 0.03% +0.01
NTNX Nutanix Inc. Class A New 0.01% +0.01
MTZ Mastec Inc. Add +100.9% 0.02% +0.00
NET Cloudflare Inc. Class A New 0.00% +0.00
NXT Nextpower Inc. Add +82.6% 0.02% +0.00
CCJ Cameco Corp. Add +91.5% 0.03% +0.00
UEC Uranium Energy Corp. Add +32.9% 0.01% +0.00
DUOL Duolingo New 0.00% +0.00
ONDS Ondas Inc. New 0.00% +0.00
FIX Comfort Systems USA Inc. Add +36.4% 0.01% +0.00
IBM Intl Business Machines Corp. Add +339.4% 0.00% +0.00
LIVN Livanova PLC New 0.00% +0.00
CRSP Crispr Therapeutics AG New 0.00% +0.00
MRK Merck & Co. Inc. New 0.00% +0.00
PPTA Perpetua Resources Corp. New 0.00% +0.00
PERPETUA RESOURCES CORP New 0.00% +0.00

Options Activity Q2 2025 → Q3 2025

NEBIUS GROUP N.V. call New 70 $356K
AAPL Apple Inc. put Sold out 414 $248Kbefore exit
COSTCO WHOLESALE CORPORATION put Sold out 42 $184Kbefore exit
SABRA HEALTH CARE REIT INC put Sold out 450 $160Kbefore exit
STRATEGY INC call Reduce -60.7% 55 $135K
SPDR GOLD TR call New 10 $46K
TSLA Tesla Inc. call New 5 $33K
OPEN Opendoor Technologies Inc. call New 75 $31K
CIRCLE INTERNET GROUP INC put New 15 $26K
GOOGL Alphabet Inc. Class A call Sold out 30 $16Kbefore exit
CIPHER DIGITAL INC put New 30 $14K
SPY SS SPDR S&P 500 ETF Trust-US put New 158 $13K
TSLA Tesla Inc. put New 20 $8K
DEFI DEVELOPMENT CORP call New 40 $3K
MONDAY COM LTD put Sold out 4 $2Kbefore exit
KOHLS CORP call New 9 $1K
VANECK BITCOIN ETF put New 15 $705
INVESCO QQQ TR put New 229 $229

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q2 2025 → Q3 2025

NBIS Nebius Group NV SHS CLASS A · principal Add +99.2% 4,184,000 $5.7M
STRATEGY INC (MSTR 8 PERP) SERIES A PERP PF · principal Sold out 5,180,000 $4.9Mbefore exit
TEM Tempus AI Inc. Class A CL A · principal New 1,000,000 $1.3M
UPST Upstart Holdings Inc. COM · principal Sold out 975,000 $987Kbefore exit
CIPHER DIGITAL INC (CIFR 1.75 05/15/30) NOTE 1.750% 5/1 · principal New 875,000 $960K
NIOBW Niocorp Developments Ltd. -28 *W EXP 03/17/202 Reduce -2.0% 479,999 $883K
TERAWULF INC CALL · principal New 500,000 $600K
MSTR Strategy Inc. CL A NEW · principal Sold out 500,000 $588Kbefore exit
PLUG Plug Power Inc. COM NEW · principal New 400,000 $392K
WAYFAIR INC (W 3.25 09/15/27) NOTE 3.250% 9/1 · principal Sold out 315,000 $360Kbefore exit
FBYDW Falcon's Beyond Global-27 *W EXP 10/06/202 Reduce -8.2% 84,375 $142K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 449$8.0BTSM, TEVA, AAPL, GOOGL, NVDA
Q1 2026 395$5.5BTSM, ESLT, TEVA, ENLT, AMZN
Q4 2025 366$6.5BAMZN, TSM, GOOGL, MSFT, ESLT
Q3 2025 337$6.0BTSM, AMZN, GOOGL, ESLT, ORCL
Q2 2025 296$3.1BCAT, TSM, ESLT, PANW, AMZN
Q1 2025 294$4.1BMSFT, AMZN, ORCL, CAT, GOOGL
Q4 2024 349$2.9BMSFT, AMZN, GOOGL, ORCL, ESLT
Q3 2024 283$1.7BICL, MU, QCOM, ESLT, ORCL
Q2 2024 274$2.9BMSFT, AMZN, NTR, ORCL, ICL
Q1 2024 272$2.5BMSFT, AAPL, NTR, AMZN, ICL