Ameriprise Financial Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Ameriprise Financial Inc. reported 3,825 stock positions worth $404.4 billion. Its top holding was Microsoft (MSFT) at 4.2% of the portfolio, followed by Nvidia (NVDA, 3.9%) and Apple (AAPL, 2.3%). Compared with Q1 2025, it opened 139 new positions, sold out of 196, added to 1,832 and reduced 1,813. The biggest buy was Nvidia (NVDA, shares +4%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
MINNEAPOLIS, MN
CIK
0000820027
Portfolio Value
$404.4B (Q2 2025)
SEC Filing
0000950123-25-008173 ↗ filed Aug 14, 2025

Holdings Value

0$100.0B$200.0B$300.0B$400.0B$500.0B Q1 2024: $362.2B Q1 2024 Q2 2024: $368.6B Q2 2024 Q3 2024: $388.4B Q3 2024 Q4 2024: $388.4B Q4 2024 Q1 2025: $369.3B Q1 2025 Q2 2025: $404.4B $404.4B Q2 2025 Q3 2025: $433.7B Q3 2025 Q4 2025: $441.1B Q4 2025 Q1 2026: $429.7B Q1 2026 Q2 2026: $492.7B Q2 2026

Holdings 3,825 stocks · $404.4B
MSFT Microsoft Corp. 4.24% 34,478,684 $17.2B Reduce -0.3%
NVDA Nvidia Corp. 3.87% 99,050,772 $15.7B Add +3.6%
AAPL Apple Inc. 2.26% 44,661,469 $9.2B Reduce -1.4%
AMZN Amazon.com Inc. 2.01% 36,981,768 $8.1B Reduce -0.9%
AVGO Broadcom Inc. 1.84% 26,990,925 $7.5B Add +3.0%
GOOGL Alphabet Inc. Class A 1.67% 38,452,110 $6.8B Add +10.6%
META Meta Platforms Inc. Class A 1.61% 8,842,949 $6.5B Reduce -1.3%
JPM JPMorgan Chase & Co. 1.57% 21,907,008 $6.4B Reduce -2.3%
IVV iShares Core S&P 500 ETF 1.22% 7,918,142 $4.9B Add +4.8%
V Visa Inc. Class A 1.10% 12,583,679 $4.5B Add +2.5%
WMT Walmart Inc. 0.77% 31,973,329 $3.1B Add +3.6%
VOO Vanguard S&P 500 ETF 0.75% 5,313,239 $3.0B Add +2.8%
LRCX Lam Research Corp. 0.73% 30,440,197 $3.0B Reduce -11.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.72% 61,432,275 $2.9B Add +4.5%
XOM Exxon Mobil Corp. 0.70% 26,178,043 $2.8B Reduce -3.1%
PG The Procter & Gamble Co. 0.63% 15,881,759 $2.5B Reduce -2.7%
GOOG Alphabet Inc. Class C 0.61% 13,844,796 $2.5B Add +0.6%
QQQ Invesco QQQ Trust Series 1 0.61% 4,448,082 $2.5B Reduce -0.4%
MA Mastercard Inc. Class A 0.59% 4,259,343 $2.4B Reduce -5.1%
CSCO Cisco Systems Inc. 0.58% 33,756,611 $2.3B Reduce -2.3%
LLY Eli Lilly & Co. 0.56% 2,918,070 $2.3B Reduce -1.4%
WFC Wells Fargo & Co. 0.55% 27,917,966 $2.2B Reduce -3.7%
CVX Chevron Corp. 0.54% 15,184,721 $2.2B Reduce -4.9%
BLK BlackRock Inc. 0.50% 1,938,804 $2.0B Reduce -1.6%
JNJ Johnson & Johnson 0.50% 13,200,118 $2.0B Reduce -0.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.48% 3,129,908 $1.9B Add +0.1%
HD Home Depot Inc. 0.47% 5,214,078 $1.9B Reduce -5.1%
MS Morgan Stanley 0.47% 13,438,530 $1.9B Add +2.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.47% 15,258,722 $1.9B Add +7.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.47% 10,632,655 $1.9B Reduce -0.5%
ABT Abbott Laboratories 0.44% 13,001,478 $1.8B Add +7.8%
ABBV Abbvie Inc. 0.43% 9,267,451 $1.7B Reduce -25.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.42% 3,886,118 $1.7B Add +0.4%
LIN Linde PLC 0.42% 3,605,118 $1.7B Add +1.1%
TSLA Tesla Inc. 0.41% 5,173,687 $1.6B Reduce -2.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.41% 5,563,164 $1.6B Add +0.8%
AMAT Applied Materials Inc. 0.40% 8,936,363 $1.6B Add +13.7%
UNP Union Pacific Corp. 0.40% 7,104,354 $1.6B Reduce -4.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.40% 12,999,436 $1.6B Reduce -0.5%
T AT&T Inc. 0.40% 55,247,484 $1.6B Add +8.7%
CMCSA Comcast Corp. Class A 0.39% 43,864,565 $1.6B Reduce -5.0%
COST Costco Wholesale Corp. 0.38% 1,555,661 $1.5B Add +0.7%
PH Parker Hannifin Corp. 0.38% 2,194,687 $1.5B Add +4.4%
ACN Accenture PLC Class A 0.37% 5,070,546 $1.5B Add +16.1%
BMY Bristol-Myers Squibb Co. 0.37% 32,579,618 $1.5B Add +1.3%
ADI Analog Devices Inc. 0.37% 6,326,772 $1.5B Add +6.3%
MRSH Marsh & McLennan Cos 0.37% 6,842,335 $1.5B Reduce -12.2%
HON Honeywell International Inc. 0.37% 6,393,160 $1.5B Reduce -11.5%
ORCL Oracle Corp. 0.37% 6,763,737 $1.5B Reduce -6.1%
AGG iShares Core U.S. Aggregate 0.36% 14,563,031 $1.4B Reduce -1.9%
CRM Salesforce Inc. 0.34% 5,009,953 $1.4B Add +2.9%
NFLX Netflix Inc. 0.34% 1,012,376 $1.4B Reduce -1.7%
GS Goldman Sachs Group Inc. 0.33% 1,895,752 $1.3B Add +18.1%
CB Chubb Ltd. 0.33% 4,625,985 $1.3B Reduce -1.5%
SNPS Synopsys Inc. 0.33% 2,598,874 $1.3B Add +29.1%
QCOM Qualcomm Inc. 0.33% 8,316,665 $1.3B Reduce -11.4%
MBB iShares MBS ETF 0.32% 14,005,560 $1.3B Reduce -1.8%
C Citigroup Inc. 0.32% 15,176,320 $1.3B Add +3.7%
CME Cme Group Inc. 0.32% 4,682,066 $1.3B Add +2.0%
TT Trane Technologies PLC 0.32% 2,945,782 $1.3B Reduce -17.8%
ADP Automatic Data Processing 0.32% 4,187,412 $1.3B Reduce -5.5%
MCD McDonald's Corp. 0.32% 4,400,846 $1.3B Reduce -2.5%
ETN Eaton Corp. PLC 0.32% 3,575,125 $1.3B Reduce -1.5%
MDT Medtronic PLC 0.31% 14,597,680 $1.3B Reduce -5.7%
EBAY eBay Inc. 0.30% 16,554,313 $1.2B Reduce -28.4%
WM Waste Management Inc. 0.30% 5,390,971 $1.2B Add +1.4%
XLK SS Technology Select Sector 0.30% 4,831,451 $1.2B Reduce -5.4%
PANW Palo Alto Networks Inc. 0.30% 5,960,804 $1.2B Reduce -13.5%
KO The Coca-Cola Co. 0.30% 17,192,396 $1.2B Reduce -10.6%
TEL Te Connectivity PLC 0.29% 7,028,380 $1.2B Add +7.1%
UBER Uber Technologies Inc. 0.28% 12,334,582 $1.2B Add +16.2%
ETR Entergy Corp. 0.28% 13,652,982 $1.1B Add +3.6%
IEF iShares 7-10 Year Treasury B 0.27% 11,659,314 $1.1B Add +3.9%
BE Bloom Energy Corp. Class A 0.27% 45,306,119 $1.1B Add +9.1%
EOG EOG Resources Inc. 0.26% 8,760,017 $1.0B Reduce -1.4%
MRK Merck & Co. Inc. 0.26% 13,198,450 $1.0B Add +2.3%
MDLZ Mondelez International Inc. Class A 0.26% 15,340,441 $1.0B Reduce -0.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.25% 11,310,485 $1.0B Reduce -6.1%
IEFA iShares Core MSCI Eafe ETF 0.25% 12,158,462 $1.0B Add +32.1%
GD General Dynamics Corp. 0.25% 3,439,720 $1.0B Add +25.1%
UNH Unitedhealth Group Inc. 0.25% 3,203,218 $999.4M Reduce -17.8%
NOW ServiceNow Inc. 0.25% 964,154 $991.2M Reduce -0.1%
AXP American Express Co. 0.24% 3,125,133 $988.7M Add +26.1%
BA The Boeing Co. 0.24% 4,699,645 $984.8M Reduce -12.5%
INTU Intuit Inc. 0.24% 1,241,958 $978.6M Add +0.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.24% 3,473,570 $971.8M Add +2.5%
VRTX Vertex Pharmaceuticals Inc. 0.24% 2,181,362 $971.1M Reduce -2.4%
AMT American Tower Corp. 0.24% 4,377,830 $967.7M Reduce -2.4%
COP Conocophillips 0.24% 10,778,664 $966.3M Add +31.4%
MO Altria Group Inc. 0.24% 16,395,070 $954.4M Add +62.5%
TSM Taiwan Semiconductor-SP ADR 0.24% 4,202,242 $952.3M Add +6.2%
SPYG SS SPDR P S&P 500 Growth ETF 0.23% 9,853,254 $939.0M Add +12.8%
BKNG Booking Holdings Inc. 0.23% 161,860 $937.1M Add +0.5%
IVW iShares S&P 500 Growth ETF 0.23% 8,499,823 $935.9M Add +6.9%
ANET Arista Networks Inc. 0.23% 9,098,108 $930.7M Add +23.9%
BRK.B Berkshire Hathaway Inc. Class B 0.23% 1,906,715 $925.2M Add +1.1%
QUAL iShares MSCI USA Quality Fac 0.22% 4,974,152 $909.3M Reduce -3.3%
ISRG Intuitive Surgical Inc. 0.22% 1,654,927 $899.9M Reduce -1.9%
SO The Southern Co. 0.22% 9,753,110 $895.6M Add +5.0%
PNC PNC Financial Services Group 0.22% 4,734,039 $882.5M Reduce -1.5%

Show all 3,825 holdings

Options reported separately and not counted above: BE calls ($36.5M), GOOGL calls ($29.5M), IWM puts ($17.4M), ANET calls ($15.9M), CSCO calls ($13.1M), LYFT calls ($8.7M), NVDA calls ($4.2M), CRWV puts ($4.1M), AXON puts ($3.3M), ZTS puts ($3.0M), MSFT calls ($3.0M), AMZN calls ($2.9M), and 19 more.

Other holdings (99): bonds, preferreds, convertibles and warrants · $1.1B (not counted above)
SecurityClassShares / PrincipalValueChange
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 949,683$64.8MReduce -18.4%
DEC Diversified Energy Co. PLC SHS NEW · principal 3,673,769$53.9MNew
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 43,293$52.5MAdd +7.4%
MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) DEP SHS REPSTG 719,500$47.9MAdd +1.1%
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV 793,441$47.0MReduce -0.0%
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 782,020$42.5MReduce -11.8%
NEXTERA ENERGY INC (NEE 7.234 11/01/27) UNIT 11/01/2027 857,400$37.9MReduce -21.1%
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D 679,400$36.4MReduce -11.7%
QXO INC (QXO 5.5 05/15/28 B) 5.50 DEP PFD 408,350$25.1MNew
NEXTERA ENERGY INC (NEE 7.299 06/01/27) UNIT 06/01/2027 530,001$25.0MAdd +130.4%
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 307,312$23.1MAdd +3.5%
PENNYMAC CORP (PMT 5.5 03/15/26) NOTE 5.500% 3/1 · principal 21,500,000$21.3MNo change
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) NOTE 0.500% 6/1 · principal 20,000,000$20.6MReduce -15.4%
BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) UNIT 02/01/2027 242,500$19.9MReduce -10.2%
SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) 6 SER A CNV PREF 167,500$19.4MNew
STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) NOTE 6.750% 7/1 · principal 18,000,000$19.2MNo change
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal 9,500,000$16.8MAdd +5.5%
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal 15,800,000$16.8MAdd +75.6%
WEC ENERGY GROUP INC (WEC 4.375 06/01/29) NOTE 4.375% 6/0 · principal 14,300,000$16.5MNew
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A 425,000$16.0MReduce -23.4%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 456,925$14.7MReduce -26.0%
PARSONS CORP (PSN 2.625 03/01/29) NOTE 2.625% 3/0 · principal 13,500,000$14.4MAdd +12.5%
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal 10,000,000$14.3MReduce -35.1%
SOUTHERN CO (SO 4.5 06/15/27) NOTE 4.500% 6/1 · principal 12,375,000$13.6MNew
IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) NOTE 1.750% 6/1 · principal 12,000,000$12.6MNo change
RWT HOLDINGS INC (RWT 5.75 10/01/25) NOTE 5.750%10/0 · principal 12,500,000$12.5MNo change
STRATEGY INC (MSTR 0.875 03/15/31) NOTE 0.875% 3/1 · principal 6,500,000$12.2MNew
VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) NOTE 2.250% 9/1 · principal 13,500,000$12.1MAdd +12.5%
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) NOTE 2.875% 3/1 · principal 11,033,000$11.9MAdd +9.9%
COINBASE GLOBAL INC (COIN 0.25 04/01/30) NOTE 0.250% 4/0 · principal 9,000,000$11.7MNew
LIVANOVA PLC (LIVN 2.5 03/15/29) NOTE 2.500% 3/1 · principal 11,500,000$11.7MNo change
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal 6,500,000$11.7MReduce -76.4%
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) NOTE 3.625% 4/1 · principal 11,000,000$11.5MReduce -0.0%
SNAP INC (SNAP 0.5 05/01/30) NOTE 0.500% 5/0 · principal 13,500,000$11.4MNew
BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) NOTE 2.250% 2/0 · principal 12,200,000$11.4MReduce -39.0%
BENTLEY SYSTEMS (BSY 0.375 07/01/27) NOTE 0.375% 7/0 · principal 12,000,000$11.3MReduce -7.7%
DUKE ENERGY CORP (DUK 4.125 04/15/26) NOTE 4.125% 4/1 · principal 10,545,000$11.2MReduce -48.7%
DROPBOX INC (DBX 0 03/01/28) NOTE 3/0 · principal 11,000,000$11.1MNo change
PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) NOTE 3.500% 3/0 · principal 9,500,000$11.0MReduce -5.0%
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 6,000,000$10.8MReduce -33.3%
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal 10,600,000$10.8MReduce -19.7%
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal 12,000,000$10.8MReduce -27.3%
CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) NOTE 3.875% 9/1 · principal 9,400,000$10.6MReduce -6.9%
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal 10,500,000$10.4MReduce -0.0%
BLOOM ENERGY CORP (BE 3 06/01/28) NOTE 3.000% 6/0 · principal 6,700,000$9.9MNo change
MKS INC (MKSI 1.25 06/01/30) NOTE 1.250% 6/0 · principal 10,000,000$9.9MNew
POST HOLDINGS INC (POST 2.5 08/15/27) NOTE 2.500% 8/1 · principal 8,000,000$9.1MReduce -0.0%
WAYFAIR INC (W 3.25 09/15/27) NOTE 3.250% 9/1 · principal 8,000,000$9.1MReduce -33.3%
HAEMONETICS CORP (HAE 2.5 06/01/29) NOTE 2.500% 6/0 · principal 9,000,000$8.9MNew
TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) NOTE 0.750% 6/1 · principal 8,000,000$8.9MNew
FLUOR CORP (FLR 1.125 08/15/29) NOTE 1.125% 8/1 · principal 6,500,000$8.5MAdd +18.2%
EVOLENT HEALTH INC (EVH 3.5 12/01/29) NOTE 3.500%12/0 · principal 10,000,000$8.5MAdd +11.1%
REPLIGEN CORP (RGEN 1 12/15/28) NOTE 1.000%12/1 · principal 8,500,000$8.4MNo change
ADVANCED ENERGY IND (AEIS 2.5 09/15/28) NOTE 2.500% 9/1 · principal 7,000,000$8.4MReduce -12.5%
GUARDANT HEALTH INC (GH 1.25 02/15/31) DEBT 1.250% 2/1 · principal 7,000,000$8.1MReduce -22.2%
WORKIVA INC (WK 1.25 08/15/28) NOTE 1.250% 8/1 · principal 8,500,000$7.9MAdd +21.4%
MERITAGE HOMES CORP (MTH 1.75 05/15/28) NOTE 1.750% 5/1 · principal 8,000,000$7.7MNew
SPECTRUM BRANDS INC (SPB 3.375 06/01/29) NOTE 3.375% 6/0 · principal 8,500,000$7.7MNew
VERTEX INC (VERX 0.75 05/01/29) NOTE 0.750% 5/0 · principal 6,000,000$7.2MNew
BANDWIDTH INC (BAND 0.5 04/01/28) NOTE 0.500% 4/0 · principal 8,000,000$6.7MNo change
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) NOTE 2.250% 8/1 · principal 5,000,000$6.6MReduce -28.6%
VEECO INSTRUMENTS INC (VECO 2.875 06/01/29) NOTE 2.875% 6/0 · principal 6,000,000$6.3MNew
BLOOM ENERGY CORP (BE 3 06/01/29) NOTE 3.000% 6/0 · principal 4,500,000$6.3MNew
RAPID7 INC (RPD 1.25 03/15/29) NOTE 1.250% 3/1 · principal 7,000,000$6.2MReduce -44.0%
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal 4,500,000$5.8MReduce -25.0%
IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) NOTE 1.500% 9/0 · principal 4,500,000$5.8MReduce -18.2%
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal 5,000,000$5.7MReduce -28.6%
ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) NOTE 4.000% 3/1 · principal 6,000,000$5.6MReduce -26.8%
ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) NOTE 2.250% 4/0 · principal 4,500,000$5.6MReduce -10.0%
WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) NOTE 3.250% 1/1 · principal 6,500,000$5.6MNew
BURLINGTON STORES INC (BURL 1.25 12/15/27) NOTE 1.250%12/1 · principal 4,235,000$5.5MAdd +1702.1%
CERENCE INC (CRNC 1.5 07/01/28) NOTE 1.500% 7/0 · principal 7,000,000$5.3MReduce -30.0%
NABORS INDUSTRIES INC (NBR 1.75 06/15/29) NOTE 1.750% 6/1 · principal 7,000,000$4.0MNo change
REDWOOD TRUST INC (RWT 7.75 06/15/27) NOTE 7.750% 6/1 · principal 3,000,000$3.0MNo change
EPR PROPERTIES (EPR 9 PERP E) CONV PFD 9% SR E 39,300$1.2MAdd +1.9%
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 991$1.2MReduce -0.7%
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) NOTE 4.250% 8/1 · principal 430,000$465KReduce -11.3%
TXNM ENERGY INC (TXNM 5.75 06/01/54) NOTE 5.750% 6/0 · principal 265,000$343KNew
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) NOTE 3.250%12/1 · principal 335,000$312KNo change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 14,273$296KReduce -5.2%
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 5,596$222KAdd +11.2%
NRG ENERGY INC (NRG 2.75 06/01/48) DBCV 2.750% 6/0 · principal 17,000$67KReduce -10.5%
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal 61,000$59KReduce -12.9%
SOUTHERN CO (SO 3.875 12/15/25) NOTE 3.875%12/1 · principal 53,000$59KReduce -14.5%
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal 55,000$54KReduce -16.7%
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) NOTE 0.750% 3/1 · principal 62,000$53KNo change
MIDDLEBY CORP (MIDD 1 09/01/25) NOTE 1.000% 9/0 · principal 40,000$45KReduce -11.1%
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal 28,000$33KReduce -22.2%
PARSONS CORP (PSN 0.25 08/15/25) NOTE 0.250% 8/1 · principal 19,000$30KNo change
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal 32,000$30KReduce -20.0%
DEXCOM INC (DXCM 0.25 11/15/25) NOTE 0.250%11/1 · principal 26,000$26KReduce -18.8%
ALLIANT ENERGY CORP (LNT 3.875 03/15/26) NOTE 3.875% 3/1 · principal 21,000$22KNew
NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) NOTE 7.500%10/1 · principal 21,000$21KReduce -12.5%
CMS ENERGY CORP (CMS 3.375 05/01/28) NOTE 3.375% 5/0 · principal 18,000$19KReduce -18.2%
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) NOTE 0.250% 3/0 · principal 18,000$18KNo change
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal 18,000$17KReduce -99.8%
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal 12,000$15KReduce -99.8%
MPTI.WS M-Tron Industries Inc. -28 *W EXP 04/25/202 10,778$11KReduce -1.6%
LMP CAPITAL AND INCOME FUND RIGHT 07/11/2025 21,720$2KReduce -8.3%

Total filed on the 13F, all lines: $405.6B.

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -1.4% 2.26% −0.46
UNH Unitedhealth Group Inc. Reduce -17.8% 0.25% −0.31
ABBV Abbvie Inc. Reduce -25.2% 0.43% −0.28
CVX Chevron Corp. Reduce -4.9% 0.54% −0.19
XOM Exxon Mobil Corp. Reduce -3.1% 0.70% −0.17
MRSH Marsh & McLennan Cos Reduce -12.2% 0.37% −0.15
PG The Procter & Gamble Co. Reduce -2.7% 0.63% −0.13
EBAY eBay Inc. Reduce -28.4% 0.30% −0.12
TMO Thermo Fisher Scientific Inc. Reduce -18.7% 0.17% −0.11
LLY Eli Lilly & Co. Reduce -1.4% 0.56% −0.10
JNJ Johnson & Johnson Reduce -0.6% 0.50% −0.10
BDX Becton Dickinson and Co. Reduce -80.9% 0.01% −0.10
ADBE Adobe Inc. Reduce -23.6% 0.21% −0.09
GIS General Mills Inc. Reduce -37.7% 0.08% −0.08
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -33.9% 0.12% −0.08
MA Mastercard Inc. Class A Reduce -5.1% 0.59% −0.07
CMCSA Comcast Corp. Class A Reduce -5.0% 0.39% −0.07
KO The Coca-Cola Co. Reduce -10.6% 0.30% −0.07
UNP Union Pacific Corp. Reduce -4.5% 0.40% −0.07
HD Home Depot Inc. Reduce -5.1% 0.47% −0.07
DBX Dropbox Inc. Class A Reduce -58.2% 0.05% −0.07
PLD Prologis Inc. Reduce -15.4% 0.18% −0.07
VLO Valero Energy Corp. Reduce -18.7% 0.20% −0.07
CI The Cigna Group Reduce -30.9% 0.11% −0.07
MCD McDonald's Corp. Reduce -2.5% 0.32% −0.06
QCOM Qualcomm Inc. Reduce -11.4% 0.33% −0.06
MDT Medtronic PLC Reduce -5.7% 0.31% −0.06
PPG PPG Industries Inc. Reduce -86.1% 0.01% −0.06
ZBH Zimmer Biomet Holdings Inc. Reduce -18.3% 0.08% −0.06
NEE Nextera Energy Inc. Reduce -19.2% 0.14% −0.06
VCIT Vanguard Int-Term Corporate Reduce -18.2% 0.17% −0.05
VRTX Vertex Pharmaceuticals Inc. Reduce -2.4% 0.24% −0.05
GPN Global Payments Inc. Reduce -3.5% 0.14% −0.05
CB Chubb Ltd. Reduce -1.5% 0.33% −0.05
BMRN Biomarin Pharmaceutical Inc. Reduce -48.6% 0.03% −0.05
EOG EOG Resources Inc. Reduce -1.4% 0.26% −0.05
ELV Elevance Health Inc. Reduce -3.5% 0.18% −0.05
ADP Automatic Data Processing Reduce -5.5% 0.32% −0.05
XLV SS Health Care Select Sector Reduce -16.4% 0.10% −0.05
SPTS SS SPDR P St Term TSY ETF Reduce -56.0% 0.03% −0.05
HON Honeywell International Inc. Reduce -11.5% 0.37% −0.05
PRU Prudential Financial Inc. Reduce -76.6% 0.01% −0.04
PEP Pepsico Inc. Reduce -2.0% 0.15% −0.04
AGG iShares Core U.S. Aggregate Reduce -1.9% 0.36% −0.04
CL Colgate-Palmolive Co. Reduce -12.4% 0.14% −0.04
MBB iShares MBS ETF Reduce -1.8% 0.32% −0.04
COWZ Pacer US Cash Cows 100 ETF Reduce -27.3% 0.08% −0.04
TTWO Take-Two Interactive Softwre Reduce -22.7% 0.18% −0.04
SCHD Schwab US DVD Equity ETF Reduce -15.7% 0.10% −0.04
BND Vanguard Total Bond Market Reduce -19.9% 0.10% −0.04

Portfolio Buys Q1 2025 → Q2 2025
NVDA Nvidia Corp. Add +3.6% 3.87% +1.06
AVGO Broadcom Inc. Add +3.0% 1.84% +0.66
GOOGL Alphabet Inc. Class A Add +10.6% 1.67% +0.22
GILD Gilead Sciences Inc. Add +397.6% 0.18% +0.14
GS Goldman Sachs Group Inc. Add +18.1% 0.33% +0.10
SNPS Synopsys Inc. Add +29.1% 0.33% +0.10
AMAT Applied Materials Inc. Add +13.7% 0.40% +0.10
DIS The Walt Disney Co. Add +7.6% 0.47% +0.09
JCI Johnson Controls Internation Add +140.8% 0.12% +0.08
ANET Arista Networks Inc. Add +23.9% 0.23% +0.08
UBER Uber Technologies Inc. Add +16.2% 0.28% +0.08
MO Altria Group Inc. Add +62.5% 0.24% +0.07
WIX Wix.com Ltd. Add +879.0% 0.08% +0.07
AXP American Express Co. Add +26.1% 0.24% +0.07
IVV iShares Core S&P 500 ETF Add +4.8% 1.22% +0.07
SPHQ Invesco S&P 500 Quality ETF Add +68.0% 0.16% +0.06
IEFA iShares Core MSCI Eafe ETF Add +32.1% 0.25% +0.06
STZ Constellation Brands Inc. Class A Add +650.6% 0.07% +0.06
NKE Nike Inc. Class B Add +129.3% 0.10% +0.06
TSM Taiwan Semiconductor-SP ADR Add +6.2% 0.24% +0.06
WDC Western Digital Corp. Add +14.6% 0.14% +0.06
MS Morgan Stanley Add +2.9% 0.47% +0.06
BAC Bank of America Corp. Add +4.5% 0.72% +0.05
VRT Vertiv Holdings Co. Class A Add +49.5% 0.09% +0.05
EA Electronic Arts Inc. Add +44.6% 0.17% +0.05
COR Cencora Inc. Add +228.6% 0.07% +0.05
ADI Analog Devices Inc. Add +6.3% 0.37% +0.05
BE Bloom Energy Corp. Class A Add +9.1% 0.27% +0.05
MRVL Marvell Technology Inc. Add +16.4% 0.20% +0.05
VGIT Vanguard Intermediate-Term T Add +83.5% 0.11% +0.05
GD General Dynamics Corp. Add +25.1% 0.25% +0.05
JMTG Mortgage-Backed Securities New 0.04% +0.04
IFF Intl Flavors & Fragrances Add +1842.0% 0.05% +0.04
SPYG SS SPDR P S&P 500 Growth ETF Add +12.8% 0.23% +0.04
TEL Te Connectivity PLC Add +7.1% 0.29% +0.04
HSIC Henry Schein Inc. Add +3275.2% 0.04% +0.04
GEV GE Vernova Inc. Add +18.8% 0.08% +0.04
DELL Dell Technologies -C Add +37.1% 0.10% +0.04
WMT Walmart Inc. Add +3.6% 0.77% +0.04
J Jacobs Solutions Inc. Add +828.5% 0.04% +0.04
C Citigroup Inc. Add +3.7% 0.32% +0.04
PLTR Palantir Technologies Inc. Class A Add +15.3% 0.09% +0.04
MELI MercadoLibre Inc. Add +3.6% 0.18% +0.04
A Agilent Technologies Inc. Add +132.2% 0.07% +0.04
INTU Intuit Inc. Add +0.5% 0.24% +0.04
COHR Coherent Corp. Add +147.3% 0.05% +0.03
IDEV iShares Core MSCI Dev MKTS Add +33.4% 0.13% +0.03
IBM Intl Business Machines Corp. Add +0.8% 0.41% +0.03
VUG Vanguard Mrngstar GR ETF-Sui Add +0.4% 0.42% +0.03
COF Capital One Financial Corp. Add +137.3% 0.06% +0.03

Options Activity Q1 2025 → Q2 2025
BE Bloom Energy Corp. Class A call New 1,526,900 $36.5M
GOOGL Alphabet Inc. Class A call New 167,600 $29.5M
IWM iShares Russell 2000 ETF put Add +128.7% 80,500 $17.4M
ANET Arista Networks Inc. call Add +75.5% 155,000 $15.9M
CSCO Cisco Systems Inc. call New 188,600 $13.1M
LYFT LYFT Inc. Class A call New 553,800 $8.7M
IONQ Ionq Inc. put Sold out 390,100 $8.6Mbefore exit
QQQ Invesco QQQ Trust Series 1 put Sold out 17,800 $8.3Mbefore exit
SMH Vaneck Semiconductor ETF put Sold out 37,800 $8.0Mbefore exit
NTRA Natera Inc. put Sold out 41,500 $5.9Mbefore exit
NVDA Nvidia Corp. call New 26,800 $4.2M
CRWV Coreweave Inc. Class A put New 25,000 $4.1M
TEM Tempus AI Inc. Class A put Sold out 83,500 $4.0Mbefore exit
AXON Axon Enterprise Inc. put Reduce -21.6% 4,000 $3.3M
ZTS Zoetis Inc. put New 19,500 $3.0M
MSFT Microsoft Corp. call Reduce -72.0% 6,000 $3.0M
AMZN Amazon.com Inc. call New 13,400 $2.9M
APO Apollo Global Management Inc. put New 18,700 $2.7M
HOOD Robinhood Markets Inc. Class A call Sold out 63,000 $2.6Mbefore exit
VST Vistra Corp. call New 13,400 $2.6M
AMD Advanced Micro Devices call Sold out 25,200 $2.6Mbefore exit
CVLT Commvault Systems Inc. put Reduce -55.0% 14,700 $2.6M
META Meta Platforms Inc. Class A put Sold out 4,400 $2.5Mbefore exit
HD Home Depot Inc. put New 6,700 $2.5M
SEI Solaris Energy Infrastructur put Add +1550.0% 79,200 $2.2M
TSEM Tower Semiconductor Ltd. put Sold out 60,600 $2.2Mbefore exit
EXAS Exact Sciences Corp. put New 40,100 $2.1M
AAPL Apple Inc. put Reduce -48.7% 10,000 $2.1M
RBRK Rubrik Inc. Class A put Reduce -43.1% 21,500 $1.9M
SNOW Snowflake Inc. put Sold out 11,400 $1.7Mbefore exit
RDDT Reddit Inc. Class A call New 10,700 $1.6M
TEAM Atlassian Corp. Class A put Sold out 7,500 $1.6Mbefore exit
CVNA Carvana Co. put Sold out 7,500 $1.6Mbefore exit
SEI Solaris Energy Infrastructur call Sold out 71,800 $1.6Mbefore exit
DUOL Duolingo call Sold out 5,000 $1.6Mbefore exit
PHM Pultegroup Inc. put New 13,400 $1.4M
DASH DoorDash Inc. Class A call Sold out 7,600 $1.4Mbefore exit
TTAN Servicetitan Inc. Class A call Sold out 13,800 $1.3Mbefore exit
NFLX Netflix Inc. call Sold out 1,400 $1.3Mbefore exit
GKOS Glaukos Corp. put Sold out 13,200 $1.3Mbefore exit
TSLA Tesla Inc. put New 4,000 $1.3M
ARGX Argenx SE - ADR put Reduce -43.9% 2,300 $1.3M
ALAB Astera Labs Inc. put New 13,400 $1.2M
AEIS Advanced Energy Industries put Sold out 12,600 $1.2Mbefore exit
PANW Palo Alto Networks Inc. put New 5,400 $1.1M
ENPH Enphase Energy Inc. call New 26,700 $1.1M
FCX Freeport-McMoran Inc. call Sold out 25,200 $954Kbefore exit
MNTN MNTN Inc. Class A call New 33,800 $739K
DOCS Doximity Inc. Class A put Sold out 12,600 $731Kbefore exit
TTD Trade Desk Inc./the Class A call Sold out 12,600 $689Kbefore exit

Showing the first 50 of 55.

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

Notes & Other Activity Q1 2025 → Q2 2025
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A Reduce -18.4% 949,683 $64.8M
DEC Diversified Energy Co. PLC SHS NEW · principal New 3,673,769 $53.9M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Add +7.4% 43,293 $52.5M
MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) DEP SHS REPSTG Add +1.1% 719,500 $47.9M
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV Reduce -0.0% 793,441 $47.0M
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD Reduce -11.8% 782,020 $42.5M
NEXTERA ENERGY INC (NEE 7.234 11/01/27) UNIT 11/01/2027 Reduce -21.1% 857,400 $37.9M
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D Reduce -11.7% 679,400 $36.4M
QXO INC (QXO 5.5 05/15/28 B) 5.50 DEP PFD New 408,350 $25.1M
NEXTERA ENERGY INC (NEE 7.299 06/01/27) UNIT 06/01/2027 Add +130.4% 530,001 $25.0M
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV Add +3.5% 307,312 $23.1M
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) NOTE 0.500% 6/1 · principal Reduce -15.4% 20,000,000 $20.6M
BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) UNIT 02/01/2027 Reduce -10.2% 242,500 $19.9M
SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) 6 SER A CNV PREF New 167,500 $19.4M
FUBOTV INC (FUBO 3.25 02/15/26) NOTE 3.250% 2/1 · principal Sold out 18,200,000 $17.6Mbefore exit
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) NOTE 1.500% 3/0 · principal Sold out 18,000,000 $17.0Mbefore exit
CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) 6.75DP CNV PFD B Sold out 305,928 $16.9Mbefore exit
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal Add +5.5% 9,500,000 $16.8M
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal Add +75.6% 15,800,000 $16.8M
WEC ENERGY GROUP INC (WEC 4.375 06/01/29) NOTE 4.375% 6/0 · principal New 14,300,000 $16.5M
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A Reduce -23.4% 425,000 $16.0M
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Reduce -26.0% 456,925 $14.7M
NCL CORPORATION LTD (NCLH 1.125 02/15/27) NOTE 1.125% 2/1 · principal Sold out 15,000,000 $14.6Mbefore exit
PARSONS CORP (PSN 2.625 03/01/29) NOTE 2.625% 3/0 · principal Add +12.5% 13,500,000 $14.4M
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal Reduce -35.1% 10,000,000 $14.3M
SOUTHERN CO (SO 4.5 06/15/27) NOTE 4.500% 6/1 · principal New 12,375,000 $13.6M
STRATEGY INC (MSTR 0.875 03/15/31) NOTE 0.875% 3/1 · principal New 6,500,000 $12.2M
VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) NOTE 2.250% 9/1 · principal Add +12.5% 13,500,000 $12.1M
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) NOTE 2.875% 3/1 · principal Add +9.9% 11,033,000 $11.9M
COINBASE GLOBAL INC (COIN 0.25 04/01/30) NOTE 0.250% 4/0 · principal New 9,000,000 $11.7M
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal Reduce -76.4% 6,500,000 $11.7M
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) NOTE 3.625% 4/1 · principal Reduce -0.0% 11,000,000 $11.5M
SNAP INC (SNAP 0.5 05/01/30) NOTE 0.500% 5/0 · principal New 13,500,000 $11.4M
BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) NOTE 2.250% 2/0 · principal Reduce -39.0% 12,200,000 $11.4M
BENTLEY SYSTEMS (BSY 0.375 07/01/27) NOTE 0.375% 7/0 · principal Reduce -7.7% 12,000,000 $11.3M
DUKE ENERGY CORP (DUK 4.125 04/15/26) NOTE 4.125% 4/1 · principal Reduce -48.7% 10,545,000 $11.2M
PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) NOTE 3.500% 3/0 · principal Reduce -5.0% 9,500,000 $11.0M
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal Reduce -33.3% 6,000,000 $10.8M
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal Reduce -19.7% 10,600,000 $10.8M
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal Reduce -27.3% 12,000,000 $10.8M
CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) NOTE 3.875% 9/1 · principal Reduce -6.9% 9,400,000 $10.6M
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal Reduce -0.0% 10,500,000 $10.4M
NCL CORPORATION LTD (NCLH 2.5 02/15/27) NOTE 2.500% 2/1 · principal Sold out 10,000,000 $9.9Mbefore exit
MKS INC (MKSI 1.25 06/01/30) NOTE 1.250% 6/0 · principal New 10,000,000 $9.9M
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) NOTE 1.125% 2/1 · principal Sold out 10,004,000 $9.5Mbefore exit
POST HOLDINGS INC (POST 2.5 08/15/27) NOTE 2.500% 8/1 · principal Reduce -0.0% 8,000,000 $9.1M
WAYFAIR INC (W 3.25 09/15/27) NOTE 3.250% 9/1 · principal Reduce -33.3% 8,000,000 $9.1M
HAEMONETICS CORP (HAE 2.5 06/01/29) NOTE 2.500% 6/0 · principal New 9,000,000 $8.9M
TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) NOTE 0.750% 6/1 · principal New 8,000,000 $8.9M
INSMED INC (INSM 0.75 06/01/28) NOTE 0.750% 6/0 · principal Sold out 3,702,000 $8.8Mbefore exit

Showing the first 50 of 102.

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 3,971$492.7BNVDA, AAPL, GOOGL, MSFT, AVGO
Q1 2026Amended 3,929$429.7BNVDA, AAPL, MSFT, GOOGL, AVGO
Q4 2025 3,980$441.1BNVDA, MSFT, AAPL, GOOGL, AVGO
Q3 2025 3,914$433.7BNVDA, MSFT, AAPL, GOOGL, AVGO
Q2 2025 3,825$404.4BMSFT, NVDA, AAPL, AMZN, AVGO
Q1 2025 3,881$369.3BMSFT, NVDA, AAPL, AMZN, JPM
Q4 2024 3,944$388.4BMSFT, NVDA, AAPL, AMZN, GOOGL
Q3 2024 3,813$388.4BMSFT, NVDA, AAPL, AMZN, GOOGL
Q2 2024 3,770$368.6BMSFT, NVDA, AAPL, AMZN, GOOGL
Q1 2024 3,756$362.2BMSFT, NVDA, AAPL, AMZN, GOOGL