Artisan Partners Limited Partnership

Name: Artisan Partners Limited Partnership 13F holdings, Q3 2025
Creator: Artisan Partners Limited Partnership
Published: 2025-11-12

Q2 2026Q1 2026Q4 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Artisan Partners Limited Partnership reported 322 stock positions worth $69.5 billion. Its top holding was Arch Capital (ACGL) at 3.1% of the portfolio, followed by Alphabet Class A (GOOGL, 2.6%) and Schwab (charles) (SCHW, 2.4%). Compared with Q2 2025, it opened 35 new positions, sold out of 42, added to 119 and reduced 163. The biggest buy was Amazon.com (AMZN, shares +49%) and the biggest sale an exit from Atlassian Class A (TEAM).

Most Recent 13F: Q2 2026
Location: Milwaukee, WI
CIK: 0001466153
Portfolio Value: $69.5B (Q3 2025)
SEC Filing: 0001193125-25-275718 ↗ filed Nov 12, 2025

Holdings Value

Holdings 322 stocks · $69.5B


ACGL Arch Capital Group Ltd.	3.08%	23,638,106	$2.1B	Reduce -0.8%
GOOGL Alphabet Inc. Class A	2.63%	7,529,565	$1.8B	Reduce -6.9%
SCHW Schwab (charles) Corp.	2.43%	17,725,669	$1.7B	Reduce -2.5%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	2.40%	15,336,335	$1.7B	Reduce -3.0%
META Meta Platforms Inc. Class A	2.39%	2,265,811	$1.7B	Reduce -1.0%
ARGX Argenx SE - ADR	2.32%	2,186,510	$1.6B	Reduce -7.0%
AXP American Express Co.	2.19%	4,588,907	$1.5B	Reduce -0.7%
ELV Elevance Health Inc.	2.13%	4,576,805	$1.5B	Add +24.5%
AMZN Amazon.com Inc.	2.11%	6,679,157	$1.5B	Add +48.8%
GRMN Garmin Ltd.	2.06%	5,829,901	$1.4B	Reduce -1.1%
LRCX Lam Research Corp.	2.05%	10,630,266	$1.4B	Add +7.9%
SU Suncor Energy Inc.	2.04%	33,868,775	$1.4B	Add +0.4%
BRK.B Berkshire Hathaway Inc. Class B	1.91%	2,646,052	$1.3B	Add +1.9%
ICLR Icon PLC	1.78%	7,071,360	$1.2B	Reduce -1.6%
WTW Willis Towers Watson PLC	1.76%	3,544,838	$1.2B	Reduce -1.0%
C Citigroup Inc.	1.73%	11,839,651	$1.2B	Add +2.3%
NFLX Netflix Inc.	1.69%	979,203	$1.2B	Reduce -11.2%
SHOP Shopify Inc. Class A	1.47%	6,881,474	$1.0B	Reduce -6.3%
PGR Progressive Corp.	1.43%	4,015,192	$991.6M	Add +2.1%
SE Sea Ltd.-ADR	1.30%	5,051,047	$902.8M	Reduce -3.8%
SNOW Snowflake Inc.	1.25%	3,848,053	$867.9M	Reduce -22.3%
BKR Baker Hughes Co.	1.21%	17,316,358	$843.7M	Add +3.8%
ORCL Oracle Corp.	1.19%	2,946,478	$828.7M	Reduce -17.6%
ASND Ascendis Pharma A/S	1.06%	3,720,880	$739.7M	Reduce -6.8%
WST West Pharmaceutical Services	1.05%	2,770,920	$726.9M	Add +22.2%
PYPL PayPal Holdings Inc.	1.04%	10,787,126	$723.4M	Reduce -10.1%
INSM Insmed Inc.	1.02%	4,937,683	$711.1M	Add +49.0%
MRSH Marsh & McLennan Cos	1.00%	3,437,011	$692.7M	Reduce -0.2%
SPOT Spotify Technology SA	0.94%	940,457	$656.4M	Add +45.9%
GEV GE Vernova Inc.	0.94%	1,065,080	$654.9M	Reduce -20.5%
IQV Iqvia Holdings Inc.	0.94%	3,433,957	$652.2M	Add +4.9%
CBRE CBRE Group Inc. Class A	0.91%	4,021,991	$633.7M	Add +8.8%
MELI MercadoLibre Inc.	0.82%	242,903	$567.6M	Add +15.3%
XYL Xylem Inc.	0.78%	3,668,436	$541.1M	Reduce -1.7%
NOK Nokia Corp.-Spon ADR	0.74%	106,986,160	$514.6M	Reduce -1.1%
DHR Danaher Corp.	0.71%	2,497,958	$495.2M	Reduce -6.5%
BSX Boston Scientific Corp.	0.67%	4,756,162	$464.3M	Reduce -44.2%
SNPS Synopsys Inc.	0.66%	934,034	$460.8M	Add +186.3%
HSIC Henry Schein Inc.	0.65%	6,833,041	$453.5M	Add +5.7%
AON Aon PLC Class A	0.65%	1,266,770	$451.7M	Reduce -41.8%
IRTC Irhythm Holdings Inc.	0.64%	2,567,513	$441.6M	Reduce -6.3%
ST Sensata Technologies Holdplc	0.62%	14,040,118	$428.9M	Reduce -0.4%
ETN Eaton Corp. PLC	0.59%	1,104,974	$413.5M	Reduce -6.0%
COR Cencora Inc.	0.58%	1,279,587	$399.9M	Reduce -6.8%
WMB Williams Cos Inc.	0.57%	6,246,995	$395.7M	Reduce -10.2%
SPGI S&P Global Inc.	0.56%	800,443	$389.6M	Add +32.1%
LYV Live Nation Entertainment Inc.	0.56%	2,375,919	$388.2M	Reduce -4.2%
LIN Linde PLC	0.55%	811,654	$385.5M	Reduce -6.2%
NVDA Nvidia Corp.	0.55%	2,047,367	$382.0M	Reduce -4.6%
AMD Advanced Micro Devices	0.54%	2,333,254	$377.5M	Reduce -6.2%
DASH DoorDash Inc. Class A	0.54%	1,370,479	$372.8M	Add +14.5%
VEEV Veeva Systems Inc. Class A	0.52%	1,211,946	$361.1M	Reduce -0.4%
LSCC Lattice Semiconductor Corp.	0.51%	4,872,084	$357.2M	Add +3.6%
CNH CNH Industrial NV	0.51%	32,615,158	$353.9M	Reduce -1.0%
LUV Southwest Airlines Co.	0.49%	10,748,649	$343.0M	Reduce -0.1%
V Visa Inc. Class A	0.47%	959,384	$327.5M	Reduce -3.0%
CARR Carrier Global Corp.	0.44%	5,152,640	$307.6M	Add +4.0%
GWRE Guidewire Software Inc.	0.44%	1,327,795	$305.2M	Reduce -11.9%
CRH CRH PLC	0.43%	2,467,039	$295.8M	New
BABA Alibaba Group Holding-SP ADR	0.42%	1,623,721	$290.2M	New
FWONK Liberty Media Corp. Class C	0.41%	2,718,436	$283.9M	Reduce -7.0%
TYL Tyler Technologies Inc.	0.40%	526,928	$275.7M	Reduce -24.6%
MSFT Microsoft Corp.	0.38%	515,829	$267.2M	Reduce -1.2%
RBLX Roblox Corp. Class A	0.38%	1,927,215	$267.0M	Reduce -16.6%
CCC CCC Intelligent Solutions Ho	0.38%	29,114,253	$265.2M	Reduce -6.3%
P Everpure Inc. Class A filed as PURE STORAGE INC	0.37%	3,078,062	$258.0M	Reduce -7.1%
VCYT Veracyte Inc.	0.36%	7,370,467	$253.0M	Add +16.6%
APG Api Group Corp.	0.36%	7,292,986	$250.7M	Reduce -0.3%
GE General Electric filed as GE AEROSPACE	0.36%	833,124	$250.6M	Reduce -9.2%
MTSI Macom Technology Solutions H	0.36%	1,992,958	$248.1M	Reduce -3.0%
RBC RBC Bearings Inc.	0.35%	619,592	$241.8M	Add +51.7%
TSM Taiwan Semiconductor-SP ADR	0.34%	853,935	$238.5M	Reduce -64.8%
AAPL Apple Inc.	0.33%	911,715	$232.1M	Reduce -6.0%
USFD US Foods Holding Corp.	0.33%	2,984,436	$228.7M	Reduce -7.0%
COIN Coinbase Global Inc. Class A	0.32%	665,688	$224.7M	New
WING Wingstop Inc.	0.32%	890,451	$224.1M	Add +20.8%
AZO AutoZone Inc.	0.32%	51,720	$221.9M	Reduce -7.6%
BWXT BWX Technologies Inc.	0.32%	1,192,148	$219.8M	Reduce -6.6%
CRWD CrowdStrike Holdings Inc. Class A	0.31%	446,253	$218.8M	Add +11.2%
MMYT Makemytrip Ltd.	0.31%	2,281,492	$213.5M	Add +7.9%
LHX L3HARRIS Technologies Inc.	0.30%	693,175	$211.7M	New
WFC Wells Fargo & Co.	0.30%	2,507,971	$210.2M	Add +1.7%
PODD Insulet Corp.	0.30%	668,846	$206.5M	Reduce -0.4%
PSN Parsons Corp.	0.28%	2,331,921	$193.4M	Add +10.3%
FIX Comfort Systems USA Inc.	0.28%	234,223	$193.3M	Add +9.6%
FTAI Ftai Aviation Ltd.	0.27%	1,143,520	$190.8M	Reduce -11.5%
WWD Woodward Inc.	0.27%	730,961	$184.7M	New
VIK Viking Holdings Ltd.	0.26%	2,944,248	$183.0M	Add +33.9%
HUM Humana Inc.	0.26%	702,637	$182.8M	Reduce -3.9%
TWST Twist Bioscience Corp.	0.26%	6,410,900	$180.4M	Add +26.7%
MPWR Monolithic Power Systems Inc.	0.26%	192,749	$177.5M	Reduce -7.2%
KO The Coca-Cola Co.	0.24%	2,531,737	$167.9M	Add +15.8%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD	0.24%	10,455,872	$167.4M	Reduce -27.1%
MOD Modine Manufacturing Co.	0.23%	1,131,110	$160.8M	Add +20.1%
GRAB Grab Holdings Ltd. Class A	0.23%	26,637,704	$160.4M	Reduce -33.1%
PM Philip Morris International	0.23%	969,601	$157.3M	Add +2.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.23%	3,037,943	$156.7M	Add +2.6%
GS Goldman Sachs Group Inc.	0.22%	196,133	$156.2M	Add +5.7%
CDNS Cadence Design SYS Inc.	0.22%	443,219	$155.7M	Reduce -9.0%
RDDT Reddit Inc. Class A	0.22%	669,912	$154.1M	Add +46.0%
NET Cloudflare Inc. Class A	0.22%	715,058	$153.4M	Reduce -7.5%
IR Ingersoll-Rand Inc.	0.22%	1,833,515	$151.5M	Reduce -1.8%
FERG Ferguson Enterprises Inc.	0.22%	670,959	$150.7M	Reduce -11.7%
HDB HDFC Bank Ltd.-ADR	0.21%	4,363,856	$149.1M	Add +19.3%
NICE Nice Ltd. - Spon ADR	0.21%	1,029,121	$149.0M	Add +3.8%
VST Vistra Corp.	0.21%	755,979	$148.1M	Reduce -5.7%
ZTS Zoetis Inc.	0.21%	1,004,211	$146.9M	Add +35.1%
ZS Zscaler Inc.	0.21%	482,769	$144.7M	Reduce -7.6%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC	0.21%	7,508,355	$142.7M	Reduce -0.2%
HOOD Robinhood Markets Inc. Class A	0.20%	995,511	$142.5M	Reduce -22.6%
TMO Thermo Fisher Scientific Inc.	0.20%	290,241	$140.8M	Add +2.6%
EOG EOG Resources Inc.	0.20%	1,250,016	$140.2M	Add +2.6%
CRM Salesforce Inc.	0.20%	588,587	$139.5M	Add +5.7%
TXN Texas Instruments Inc.	0.20%	758,349	$139.3M	Add +1.7%
MA Mastercard Inc. Class A	0.20%	244,453	$139.0M	Reduce -14.4%
IOT Samsara Inc. Class A	0.20%	3,688,535	$137.4M	Reduce -7.0%
GOOG Alphabet Inc. Class C	0.20%	559,883	$136.4M	Reduce -34.9%
NXPI NXP Semiconductors NV	0.19%	592,719	$135.0M	Add +1.7%
BKNG Booking Holdings Inc.	0.19%	24,696	$133.3M	Add +2.6%
CMCSA Comcast Corp. Class A	0.19%	4,179,697	$131.3M	Add +2.6%
TDY Teledyne Technologies Inc.	0.19%	221,471	$129.8M	New
ACN Accenture PLC Class A	0.18%	517,497	$127.6M	New
LIVN Livanova PLC	0.18%	2,427,045	$127.1M	Add +94.5%
UPS United Parcel Service Class B	0.18%	1,503,367	$125.6M	Add +3.0%
ARM Arm Holdings PLC-ADR	0.18%	860,625	$121.8M	Reduce -57.7%
PNC PNC Financial Services Group	0.17%	603,290	$121.2M	Add +2.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.17%	3,512,027	$120.7M	Add +8.9%
SBUX Starbucks Corp.	0.17%	1,406,280	$119.0M	Add +21.8%
MDT Medtronic PLC	0.17%	1,234,550	$117.6M	Add +2.6%
MS Morgan Stanley	0.17%	739,388	$117.5M	Add +2.6%
MDB Mongodb Inc.	0.17%	375,719	$116.6M	New
COHR Coherent Corp.	0.17%	1,069,634	$115.2M	New
FLEX Flex Ltd.	0.16%	1,977,615	$114.6M	Reduce -3.5%
BAX Baxter International Inc.	0.16%	5,013,995	$114.2M	Add +0.2%
MRK Merck & Co. Inc.	0.16%	1,334,597	$112.0M	Add +2.6%
HUBS HubSpot Inc.	0.16%	238,649	$111.6M	Reduce -1.0%
TTAN Servicetitan Inc. Class A	0.16%	1,098,329	$110.7M	Add +116.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.16%	952,588	$109.1M	Add +2.6%
BZ Kanzhun Ltd. - ADR	0.16%	4,650,905	$108.6M	Reduce -18.2%
ABNB Airbnb Inc. Class A	0.15%	888,037	$107.8M	Reduce -13.3%
WAT Waters Corp.	0.15%	354,899	$106.4M	Reduce -9.0%
AVGO Broadcom Inc.	0.15%	316,153	$104.3M	Reduce -2.0%
FANG Diamondback Energy Inc.	0.15%	727,302	$104.1M	Add +2.6%
WAY Waystar Holding Corp.	0.14%	2,518,390	$95.5M	New
MDGL Madrigal Pharmaceuticals Inc.	0.14%	206,254	$94.6M	Add +2.3%
HUBB Hubbell Inc.	0.14%	218,711	$94.1M	Reduce -6.9%
ARES Ares Management Corp. Class A	0.13%	583,653	$93.3M	Add +17.1%
JBTM JBT Marel Corp.	0.13%	663,523	$93.2M	Add +8.4%
CME Cme Group Inc.	0.13%	336,572	$90.9M	Add +1.7%
COCO The Vita Coco Co. Inc.	0.13%	2,073,329	$88.1M	Add +12.1%
HWM Howmet Aerospace Inc.	0.13%	447,566	$87.8M	Add +3.0%
CAE Cae Inc.	0.12%	2,899,134	$85.8M	Reduce -18.3%
FICO Fair Isaac Corp.	0.12%	57,042	$85.4M	Add +23.7%
ONC Beone Medicines Ltd.-ADR	0.12%	249,844	$85.1M	Reduce -7.5%
LEGN Legend Biotech Corp.-ADR	0.12%	2,547,952	$83.1M	Add +20.1%
RDWR Radware Ltd.	0.12%	3,130,252	$82.9M	Add +16.0%
WELL Welltower Inc.	0.12%	465,193	$82.9M	Reduce -1.0%
DUOL Duolingo	0.12%	256,262	$82.5M	Add +102.8%
VSEC Vse Corp.	0.12%	492,117	$81.8M	Reduce -3.9%
FISV Fiserv Inc.	0.12%	629,478	$81.2M	Add +1.8%
CIGI Colliers Intl GR-Subord Vot	0.12%	519,019	$81.1M	Add +16.3%
AIT Applied Industrial Tech Inc.	0.12%	310,238	$81.0M	Reduce -3.9%
VNT Vontier Corp.	0.11%	1,875,365	$78.7M	Reduce -16.4%
PCOR Procore Technologies Inc.	0.11%	1,076,087	$78.5M	Add +7.0%
SPXC SPX Technologies Inc.	0.11%	416,490	$77.8M	Reduce -23.8%
LAMR Lamar Advertising Co. Class A	0.11%	626,285	$76.7M	Reduce -7.5%
COF Capital One Financial Corp.	0.11%	354,781	$75.4M	Add +41.6%
OGE Oge Energy Corp.	0.10%	1,560,358	$72.2M	Reduce -6.7%
KTOS Kratos Defense & Security	0.10%	782,922	$71.5M	Reduce -27.6%
SITE Siteone Landscape Supply Inc.	0.10%	538,556	$69.4M	Add +20.1%
FND Floor & Decor Holdings Inc. Class A	0.10%	935,383	$68.9M	Add +10.2%
AXON Axon Enterprise Inc.	0.10%	96,053	$68.9M	Reduce -2.5%
AGYS Agilysys Inc.	0.10%	644,199	$67.8M	Add +2.3%
G Genpact Ltd.	0.10%	1,610,946	$67.5M	Reduce -6.8%
FCNCA First Citizens Bcshs Class A	0.10%	37,642	$67.3M	Reduce -15.3%
STVN Stevanato Group SPA	0.10%	2,613,242	$67.3M	Reduce -4.4%
RYAN Ryan Specialty Holdings Inc.	0.09%	1,139,836	$64.2M	Add +19.3%
ALKS Alkermes PLC	0.09%	2,109,772	$63.3M	Add +36.8%
CIEN Ciena Corp.	0.09%	434,292	$63.3M	New
EXPE Expedia Group Inc.	0.09%	295,750	$63.2M	Reduce -26.7%
LNT Alliant Energy Corp.	0.09%	932,209	$62.8M	Reduce -6.6%
UHAL.B U-Haul Holding Co.-Non Voting	0.09%	1,231,840	$62.7M	Reduce -6.7%
TME Tencent Music Entertainm-ADR	0.09%	2,669,676	$62.3M	Add +3.6%
AU Anglogold Ashanti PLC	0.09%	884,424	$62.2M	Add +3.4%
CEG Constellation Energy	0.09%	188,450	$62.0M	Reduce -0.0%
NVT Nvent Electric PLC	0.09%	619,276	$61.1M	Reduce -29.9%
GPC Genuine Parts Co.	0.09%	439,729	$60.9M	Reduce -6.1%
ADI Analog Devices Inc.	0.09%	247,108	$60.7M	Reduce -52.4%
IBP Installed Building Products	0.09%	244,515	$60.3M	Add +54.3%
IONS Ionis Pharmaceuticals Inc.	0.08%	890,072	$58.2M	Add +150.8%
TTWO Take-Two Interactive Softwre	0.08%	220,085	$56.9M	Reduce -44.6%
HQY Healthequity Inc.	0.08%	597,445	$56.6M	Reduce -3.9%
PEN Penumbra Inc.	0.08%	223,476	$56.6M	Add +9.5%
RACE Ferrari NV	0.08%	116,268	$56.4M	Reduce -13.7%
ROKU Roku Inc.	0.08%	555,873	$55.7M	New
GL Globe Life Inc.	0.08%	388,098	$55.5M	Reduce -3.0%
EVR Evercore Inc. Class A	0.08%	160,544	$54.2M	New
ASML ASML Holding NV-NY Reg SHS	0.08%	55,397	$53.6M	New
FN Fabrinet	0.08%	146,525	$53.4M	Reduce -56.7%
ABG Asbury Automotive Group	0.08%	218,028	$53.3M	Add +3.1%
NWSA News Corp. Class A	0.08%	1,706,757	$52.4M	Reduce -5.0%
SNA Snap-on Inc.	0.07%	150,414	$52.1M	Add +98.3%
KC Kingsoft Cloud Holdings-ADR	0.07%	3,452,038	$51.5M	New
MTN Vail Resorts Inc.	0.07%	343,082	$51.3M	Reduce -5.0%
OTIS Otis Worldwide Corp.	0.07%	560,041	$51.2M	Add +3.2%
TSN Tyson Foods Inc. Class A	0.07%	939,484	$51.0M	Reduce -6.9%
WMG Warner Music Group Corp. Class A	0.07%	1,476,607	$50.3M	Reduce -27.1%
AMRZ Amrize Ltd.	0.07%	1,026,828	$49.8M	Add +37.4%
NNN NNN REIT Inc.	0.07%	1,166,470	$49.7M	Reduce -6.6%
CRBG Corebridge Financial Inc.	0.07%	1,532,720	$49.1M	Reduce -3.6%
LOAR Loar Holdings Inc.	0.07%	612,357	$49.0M	Add +120.2%
OMC Omnicom Group	0.07%	600,208	$48.9M	Reduce -6.6%
PRCT Procept Biorobotics Corp.	0.07%	1,365,099	$48.7M	Add +38.4%
NDAQ Nasdaq Inc.	0.07%	546,057	$48.3M	Reduce -9.5%
BFAM Bright Horizons Family Solut	0.07%	443,962	$48.2M	Reduce -75.3%
PII Polaris Inc.	0.07%	815,798	$47.4M	Reduce -12.3%
ISRG Intuitive Surgical Inc.	0.07%	103,218	$46.2M	Reduce -19.0%
COMP Compass Inc. Class A	0.07%	5,661,574	$45.5M	New
PR Permian Resources Corp. Class A	0.06%	3,524,777	$45.1M	Reduce -5.4%
PINS Pinterest Inc. Class A	0.06%	1,400,895	$45.1M	Reduce -5.2%
IT Gartner Inc.	0.06%	169,966	$44.7M	New
SYY Sysco Corp.	0.06%	541,222	$44.6M	Reduce -6.4%
CALX Calix Inc.	0.06%	710,197	$43.6M	Reduce -41.0%
ARMK Aramark	0.06%	1,131,501	$43.4M	Add +166.3%
CDW CDW Corp.	0.06%	270,192	$43.0M	Reduce -4.9%
HLNE Hamilton Lane Inc. Class A	0.06%	318,111	$42.9M	Add +24.8%
NOV Nov Inc.	0.06%	3,234,904	$42.9M	Reduce -6.4%
SEDG Solaredge Technologies Inc.	0.06%	1,153,955	$42.7M	Add +56.0%
PSA Public Storage	0.06%	140,181	$40.5M	Reduce -6.9%
BIRK Birkenstock Holding PLC	0.06%	887,432	$40.2M	Add +15.0%
RNAM Avidity Biosciences Inc.	0.06%	903,292	$39.4M	Add +2.4%
INSP Inspire Medical Systems Inc.	0.06%	526,242	$39.0M	Add +45.2%
LSPD Lightspeed Commerce Inc.	0.06%	3,319,030	$38.3M	Reduce -7.1%
LKQ LKQ Corp.	0.05%	1,206,439	$36.8M	Reduce -11.3%
AXTA Axalta Coating Systems Ltd.	0.05%	1,273,955	$36.5M	Add +189.9%
GDXJ Vaneck Junior Gold Miners	0.05%	360,140	$35.7M	Reduce -10.8%
FLS Flowserve Corp.	0.05%	670,415	$35.6M	Reduce -3.6%
FITB Fifth Third Bancorp	0.05%	797,643	$35.5M	Reduce -5.3%
ALGN Align Technology Inc.	0.05%	271,832	$34.0M	Reduce -6.5%
WRBY Warby Parker Inc. Class A	0.05%	1,211,937	$33.4M	Reduce -3.7%
TARS Tarsus Pharmaceuticals Inc.	0.05%	558,326	$33.2M	Add +3.5%
MTB M & T Bank Corp. filed as M & T BK CORP	0.05%	160,680	$31.8M	Reduce -5.1%
WAFD Wafd Inc.	0.04%	1,024,145	$31.0M	Reduce -6.3%
BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU	0.04%	1,242,845	$30.2M	Add +2.1%
CGNX Cognex Corp.	0.04%	648,671	$29.4M	New
NOW ServiceNow Inc.	0.04%	31,918	$29.4M	Reduce -41.6%
LLY Eli Lilly & Co.	0.04%	38,468	$29.4M	Add +27.0%
CPA Copa Holdings SA Class A	0.04%	246,944	$29.3M	Add +15.1%
MC Moelis & Co. Class A	0.04%	407,894	$29.1M	Reduce -5.3%
CELC Celcuity Inc.	0.04%	585,892	$28.9M	Add +45.9%
INTA Intapp Inc.	0.04%	704,192	$28.8M	Reduce -47.1%
RGEN Repligen Corp.	0.04%	212,741	$28.4M	Reduce -3.5%
BAP Credicorp Ltd.	0.04%	104,934	$27.9M	Reduce -15.7%
FROG Jfrog Ltd.	0.04%	589,243	$27.9M	Reduce -3.9%
KRNT Kornit Digital Ltd.	0.04%	1,997,521	$27.0M	Reduce -28.1%
CHKP Check Point Software Tech	0.04%	129,535	$26.8M	Reduce -5.3%
FIVN FIVE9 Inc.	0.04%	1,104,582	$26.7M	Add +14.3%
VIST Vista Energy Sab DE CV	0.04%	757,121	$26.0M	Add +15.8%
STZ Constellation Brands Inc. Class A	0.04%	192,534	$25.9M	New
LEU Centrus Energy Corp. Class A	0.04%	83,127	$25.8M	New
EG Everest Group Ltd.	0.04%	73,144	$25.6M	Add +226.9%
BIO Bio-Rad Laboratories-A	0.03%	86,371	$24.2M	Reduce -26.9%
GKOS Glaukos Corp.	0.03%	293,665	$23.9M	Add +2.2%
RYTM Rhythm Pharmaceuticals Inc.	0.03%	236,841	$23.9M	Add +35.7%
MGM MGM Resorts International	0.03%	682,023	$23.6M	Reduce -25.4%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC	0.03%	287,193	$23.5M	Add +2.1%
LXFR Luxfer Holdings PLC	0.03%	1,662,442	$23.1M	Add +18.4%
ROK Rockwell Automation Inc.	0.03%	65,251	$22.8M	New
SMTC Semtech Corp.	0.03%	317,658	$22.7M	New
ITGR Integer Holdings Corp.	0.03%	213,343	$22.0M	Reduce -3.3%
OLLI Ollie's Bargain Outlet Holdi	0.03%	170,642	$21.9M	New
EXPD Expeditors Intl Wash Inc.	0.03%	171,913	$21.1M	Reduce -4.5%
LNTH Lantheus Holdings Inc.	0.03%	403,994	$20.7M	Reduce -3.3%
ZGN Ermenegildo Zegna NV	0.03%	2,123,543	$20.1M	Add +1.2%
ANET Arista Networks Inc.	0.03%	131,755	$19.2M	Reduce -89.8%
UGI Ugi Corp.	0.03%	573,746	$19.1M	New
CAVA Cava Group Inc.	0.03%	313,240	$18.9M	Add +89.3%
AER Aercap Holdings NV	0.03%	150,501	$18.2M	Reduce -62.4%
VERX Vertex Inc. Class A	0.03%	728,453	$18.1M	Reduce -3.5%
MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC	0.03%	537,003	$18.1M	Add +6.6%
RTX RTX Corp.	0.03%	104,777	$17.5M	Reduce -4.8%
BBIO Bridgebio Pharma Inc.	0.02%	331,302	$17.2M	Add +4.1%
HTFL Heartflow Inc.	0.02%	499,622	$16.8M	New
AGIO Agios Pharmaceuticals Inc.	0.02%	402,943	$16.2M	Add +3.3%
RXST Rxsight Inc.	0.02%	1,753,683	$15.8M	Reduce -22.1%
JPM JPMorgan Chase & Co.	0.02%	47,892	$15.1M	New
NOVT Novanta Inc.	0.02%	147,151	$14.7M	Reduce -4.1%
SN Sharkninja Inc.	0.02%	138,728	$14.3M	Reduce -68.3%
HXL Hexcel Corp.	0.02%	225,478	$14.1M	New
BRKR Bruker Corp.	0.02%	421,201	$13.7M	New
LINE Lineage Inc.	0.02%	347,325	$13.4M	Reduce -44.2%
AS Amer Sports Inc.	0.02%	370,697	$12.9M	New
OCUL Ocular Therapeutix Inc.	0.02%	1,076,382	$12.6M	Add +1.0%
EWTX Edgewise Therapeutics Inc.	0.02%	718,175	$11.6M	Reduce -47.9%
GLOB Globant SA	0.02%	202,078	$11.6M	Add +38.7%
PPLI People Inc. filed as IAC INC	0.02%	339,519	$11.6M	Reduce -62.8%
WVE Wave Life Sciences Ltd.	0.01%	1,232,926	$9.0M	Reduce -45.6%
CWAN Clearwater Analytics HDS-A	0.01%	483,792	$8.7M	Reduce -72.7%
ARIS Aris Mining Corp. filed as ARIS MNG CORP	0.01%	778,540	$7.6M	Reduce -29.7%
GLW Corning Inc.	0.01%	75,297	$6.2M	New
NTRA Natera Inc.	0.01%	37,454	$6.0M	Add +47.6%
INDA iShares MSCI India ETF	0.01%	108,636	$5.7M	Add +16.5%
HALO Halozyme Therapeutics Inc.	0.01%	62,591	$4.6M	Reduce -92.3%
SYK Stryker Corp.	0.01%	10,524	$3.9M	Reduce -0.1%
IBN Icici Bank Ltd.-Spon ADR	0.01%	116,932	$3.5M	Reduce -1.0%
VNM Vaneck Vietnam ETF	0.00%	167,045	$3.0M	Reduce -83.8%
AUGO Aura Minerals Inc.	0.00%	48,882	$1.8M	New
INFY Infosys Ltd.-SP ADR	0.00%	75,386	$1.2M	No change
COOK Traeger Inc.	0.00%	1,000,000	$1.2M	New
AAUC Allied Gold Corp.	0.00%	60,483	$1.1M	Reduce -16.8%
CGAU Centerra Gold Inc.	0.00%	54,900	$589K	Add +24.2%
BTG B2GOLD Corp.	0.00%	110,400	$546K	Reduce -28.0%
DBVT DBV Technologies SA-Spon ADR	0.00%	51,920	$519K	New
PPL PPL Corp.	0.00%	11,523	$428K	No change
INDY iShares India 50 ETF	0.00%	7,826	$398K	Add +16.7%
MMLP Martin Midstream Partners LP	0.00%	107,339	$328K	Add +221.3%
EVRG Evergy Inc.	0.00%	4,308	$327K	No change
NGD New Gold Inc.	0.00%	42,250	$303K	Reduce -43.5%
UHT Universal Health RLTY Income	0.00%	6,543	$256K	No change
IDA Idacorp Inc.	0.00%	1,885	$249K	No change
BLDR Builders Firstsource Inc.	0.00%	1,961	$238K	New
JBI Janus International Group Inc.	0.00%	19,823	$196K	New

Options reported separately and not counted above: JPM calls ($182.0M), AVGO puts ($134.2M), MA puts ($132.4M), GEV puts ($130.8M), NVDA calls ($99.9M), GS calls ($91.3M), GE puts ($74.4M), KKR calls ($42.6M), HUT calls ($41.2M), SPY puts ($19.3M).

Other holdings (1): bonds, preferreds, convertibles and warrants · $2.2M (not counted above)

Security	Class	Shares / Principal	Value	Change
LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27)	NOTE 1.750% 1/1 · principal	2,455,000	$2.2M	No change

Total filed on the 13F, all lines: $69.5B.

Portfolio Sells Q2 2025 → Q3 2025


TEAM Atlassian Corp. Class A	Sold out	0.00%	−1.17
BSX Boston Scientific Corp.	Reduce -44.2%	0.67%	−0.69
NFLX Netflix Inc.	Reduce -11.2%	1.69%	−0.51
AON Aon PLC Class A	Reduce -41.8%	0.65%	−0.51
TSM Taiwan Semiconductor-SP ADR	Reduce -64.8%	0.34%	−0.47
VRTX Vertex Pharmaceuticals Inc.	Sold out	0.00%	−0.43
SNOW Snowflake Inc.	Reduce -22.3%	1.25%	−0.40
DXCM Dexcom Inc.	Sold out	0.00%	−0.33
ARM Arm Holdings PLC-ADR	Reduce -57.7%	0.18%	−0.32
PYPL PayPal Holdings Inc.	Reduce -10.1%	1.04%	−0.29
BFAM Bright Horizons Family Solut	Reduce -75.3%	0.07%	−0.26
TW Tradeweb Markets Inc. Class A	Sold out	0.00%	−0.26
TYL Tyler Technologies Inc.	Reduce -24.6%	0.40%	−0.22
LPLA LPL Financial Holdings Inc.	Sold out	0.00%	−0.21
CI The Cigna Group	Sold out	0.00%	−0.20
DG Dollar General Corp.	Sold out	0.00%	−0.19
ANET Arista Networks Inc.	Reduce -89.8%	0.03%	−0.17
WNS WNS Holdings Ltd.	Sold out	0.00%	−0.15
ACGL Arch Capital Group Ltd.	Reduce -0.8%	3.08%	−0.15
CNH CNH Industrial NV	Reduce -1.0%	0.51%	−0.13
MRSH Marsh & McLennan Cos	Reduce -0.2%	1.00%	−0.13
META Meta Platforms Inc. Class A	Reduce -1.0%	2.39%	−0.12
GEV GE Vernova Inc.	Reduce -20.5%	0.94%	−0.11
JKHY Jack Henry & Associates Inc.	Sold out	0.00%	−0.11
ADI Analog Devices Inc.	Reduce -52.4%	0.09%	−0.10
NOK Nokia Corp.-Spon ADR	Reduce -1.1%	0.74%	−0.09
NTNX Nutanix Inc. Class A	Sold out	0.00%	−0.09
GWRE Guidewire Software Inc.	Reduce -11.9%	0.44%	−0.09
MTSI Macom Technology Solutions H	Reduce -3.0%	0.36%	−0.08
VRSK Verisk Analytics Inc.	Sold out	0.00%	−0.08
WMB Williams Cos Inc.	Reduce -10.2%	0.57%	−0.08
ETSY Etsy Inc.	Sold out	0.00%	−0.07
DHR Danaher Corp.	Reduce -6.5%	0.71%	−0.07
KMI Kinder Morgan Inc.	Sold out	0.00%	−0.07
FN Fabrinet	Reduce -56.7%	0.08%	−0.07
GRAB Grab Holdings Ltd. Class A	Reduce -33.1%	0.23%	−0.07
ARIS WATER SOLUTIONS INC-A	Sold out	0.00%	−0.07
CNC Centene Corp.	Sold out	0.00%	−0.06
CFLT Confluent Inc. Class A	Sold out	0.00%	−0.06
ESTC Elastic NV	Sold out	0.00%	−0.06
TTWO Take-Two Interactive Softwre	Reduce -44.6%	0.08%	−0.06
INTA Intapp Inc.	Reduce -47.1%	0.04%	−0.06
USB US Bancorp	Sold out	0.00%	−0.06
HALO Halozyme Therapeutics Inc.	Reduce -92.3%	0.01%	−0.06
CCC CCC Intelligent Solutions Ho	Reduce -6.3%	0.38%	−0.05
MO Altria Group Inc.	Sold out	0.00%	−0.05
V Visa Inc. Class A	Reduce -3.0%	0.47%	−0.05
NU Nu Holdings Ltd./Cayman Isl-A	Reduce -27.1%	0.24%	−0.05
LIN Linde PLC	Reduce -6.2%	0.55%	−0.05
WAT Waters Corp.	Reduce -9.0%	0.15%	−0.05

Portfolio Buys Q2 2025 → Q3 2025


AMZN Amazon.com Inc.	Add +48.8%	2.11%	+0.64
LRCX Lam Research Corp.	Add +7.9%	2.05%	+0.62
INSM Insmed Inc.	Add +49.0%	1.02%	+0.53
CRH CRH PLC	New	0.43%	+0.43
BABA Alibaba Group Holding-SP ADR	New	0.42%	+0.42
SNPS Synopsys Inc.	Add +186.3%	0.66%	+0.41
COIN Coinbase Global Inc. Class A	New	0.32%	+0.32
WST West Pharmaceutical Services	Add +22.2%	1.05%	+0.31
LHX L3HARRIS Technologies Inc.	New	0.30%	+0.30
WWD Woodward Inc.	New	0.27%	+0.27
BKR Baker Hughes Co.	Add +3.8%	1.21%	+0.26
C Citigroup Inc.	Add +2.3%	1.73%	+0.26
SPOT Spotify Technology SA	Add +45.9%	0.94%	+0.21
TDY Teledyne Technologies Inc.	New	0.19%	+0.19
ACN Accenture PLC Class A	New	0.18%	+0.18
LSCC Lattice Semiconductor Corp.	Add +3.6%	0.51%	+0.17
IQV Iqvia Holdings Inc.	Add +4.9%	0.94%	+0.17
MDB Mongodb Inc.	New	0.17%	+0.17
COHR Coherent Corp.	New	0.17%	+0.17
SU Suncor Energy Inc.	Add +0.4%	2.04%	+0.16
CBRE CBRE Group Inc. Class A	Add +8.8%	0.91%	+0.14
WAY Waystar Holding Corp.	New	0.14%	+0.14
RDDT Reddit Inc. Class A	Add +46.0%	0.22%	+0.12
RBC RBC Bearings Inc.	Add +51.7%	0.35%	+0.11
VCYT Veracyte Inc.	Add +16.6%	0.36%	+0.11
FIX Comfort Systems USA Inc.	Add +9.6%	0.28%	+0.11
LIVN Livanova PLC	Add +94.5%	0.18%	+0.10
DASH DoorDash Inc. Class A	Add +14.5%	0.54%	+0.10
MOD Modine Manufacturing Co.	Add +20.1%	0.23%	+0.09
CIEN Ciena Corp.	New	0.09%	+0.09
VIK Viking Holdings Ltd.	Add +33.9%	0.26%	+0.09
SPGI S&P Global Inc.	Add +32.1%	0.56%	+0.08
ROKU Roku Inc.	New	0.08%	+0.08
TTAN Servicetitan Inc. Class A	Add +116.6%	0.16%	+0.08
EVR Evercore Inc. Class A	New	0.08%	+0.08
ASML ASML Holding NV-NY Reg SHS	New	0.08%	+0.08
KC Kingsoft Cloud Holdings-ADR	New	0.07%	+0.07
COMP Compass Inc. Class A	New	0.07%	+0.07
IT Gartner Inc.	New	0.06%	+0.06
IONS Ionis Pharmaceuticals Inc.	Add +150.8%	0.08%	+0.06
PSN Parsons Corp.	Add +10.3%	0.28%	+0.05
MDGL Madrigal Pharmaceuticals Inc.	Add +2.3%	0.14%	+0.05
IBP Installed Building Products	Add +54.3%	0.09%	+0.04
CGNX Cognex Corp.	New	0.04%	+0.04
DUOL Duolingo	Add +102.8%	0.12%	+0.04
SNA Snap-on Inc.	Add +98.3%	0.07%	+0.04
SEDG Solaredge Technologies Inc.	Add +56.0%	0.06%	+0.04
ZTS Zoetis Inc.	Add +35.1%	0.21%	+0.04
STZ Constellation Brands Inc. Class A	New	0.04%	+0.04
LEU Centrus Energy Corp. Class A	New	0.04%	+0.04

Options Activity Q2 2025 → Q3 2025


SMH Vaneck Semiconductor ETF	put	Sold out	1,050,400	$292.9Mbefore exit
JPM JPMorgan Chase & Co.	call	New	577,000	$182.0M
AVGO Broadcom Inc.	put	New	406,800	$134.2M
MA Mastercard Inc. Class A	put	Add +4.3%	232,800	$132.4M
GEV GE Vernova Inc.	put	Add +52.4%	212,700	$130.8M
NVDA Nvidia Corp.	call	Reduce -17.0%	535,500	$99.9M
GS Goldman Sachs Group Inc.	call	New	114,700	$91.3M
AXON Axon Enterprise Inc.	put	Sold out	102,500	$84.9Mbefore exit
GE General Electric	put	Reduce -67.7%	247,200	$74.4M
NFLX Netflix Inc.	put	Sold out	54,100	$72.4Mbefore exit
VST Vistra Corp.	call	Sold out	343,100	$66.5Mbefore exit
KKR KKR & Co. Inc.	call	Reduce -31.1%	327,600	$42.6M
HUT Hut 8 Corp.	call	New	1,184,500	$41.2M
APO Apollo Global Management Inc.	call	Sold out	283,200	$40.2Mbefore exit
COF Capital One Financial Corp.	call	Sold out	172,600	$36.7Mbefore exit
SPY SS SPDR S&P 500 ETF Trust-US	put	New	29,000	$19.3M

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


CABLE ONE INC (CABO 1.125 03/15/28)	NOTE 1.125% 3/1 · principal	Sold out	97,000	$74Kbefore 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 2026	328	$61.3B	ACGL, BNY, GOOGL, ELV, SCHW
Q1 2026	327	$61.3B	ACGL, BNY, SCHW, GOOGL, ELV
Q4 2025	325	$65.4B	ACGL, GOOGL, ELV, SCHW, BNY
Q3 2025	322	$69.5B	ACGL, GOOGL, SCHW, BNY, META
Q2 2025	329	$67.1B	ACGL, META, SCHW, NFLX, AXP
Q1 2025	338	$61.6B	ACGL, ARGX, ELV, SCHW, BRK.B
Q4 2024	349	$64.9B	ACGL, ARGX, GOOGL, META, SCHW
Q3 2024	327	$66.7B	ACGL, ARGX, GOOGL, META, AXP
Q2 2024	321	$65.8B	ACGL, GOOGL, AMZN, ARGX, META
Q1 2024	325	$68.6B	ACGL, GOOGL, AMZN, CMG, META