AXA S.A.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), AXA S.A. reported 1,053 stock positions worth $33.6 billion. Its top holding was Nvidia (NVDA) at 5.3% of the portfolio, followed by Microsoft (MSFT, 5.2%) and Apple (AAPL, 4.7%). Compared with Q2 2024, it opened 93 new positions, sold out of 60, added to 412 and reduced 483. The biggest buy was a new position in Seagate HDD Cayman (stx 3.5 06/01/28) and the biggest sale Microsoft (MSFT, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- PARIS, I0
- CIK
- 0000898427
- Portfolio Value
- $33.6B (Q3 2024)
- SEC Filing
- 0000898427-24-000040 ↗ filed Nov 14, 2024
Holdings Value
Holdings 1,053 stocks · $33.6B
| NVDA Nvidia Corp. | 5.34% | 14,772,378 | $1.8B | Reduce -6.2% |
| MSFT Microsoft Corp. | 5.17% | 4,035,048 | $1.7B | Reduce -6.3% |
| AAPL Apple Inc. | 4.74% | 6,841,301 | $1.6B | Reduce -5.3% |
| AMZN Amazon.com Inc. | 3.29% | 5,941,094 | $1.1B | Reduce -7.1% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | 2.30% | 5,400,000 | $771.4M | New |
| GOOG Alphabet Inc. Class C | 1.90% | 3,821,661 | $638.9M | Reduce -1.9% |
| V Visa Inc. Class A | 1.56% | 1,911,648 | $525.6M | Add +0.6% |
| GOOGL Alphabet Inc. Class A | 1.46% | 2,953,439 | $489.8M | Reduce -18.2% |
| AVGO Broadcom Inc. | 1.41% | 2,744,366 | $473.4M | Reduce -5.7% |
| META Meta Platforms Inc. Class A | 1.21% | 710,839 | $406.9M | Reduce -0.0% |
| ISRG Intuitive Surgical Inc. | 1.16% | 791,009 | $388.6M | Reduce -18.8% |
| TMO Thermo Fisher Scientific Inc. | 1.13% | 613,680 | $379.6M | Reduce -12.2% |
| COST Costco Wholesale Corp. | 1.13% | 427,379 | $378.9M | Reduce -2.9% |
| LLY Eli Lilly & Co. | 1.02% | 385,225 | $341.3M | Add +0.9% |
| CDNS Cadence Design SYS Inc. | 1.01% | 1,247,454 | $338.1M | Add +11.8% |
| AMD Advanced Micro Devices | 0.90% | 1,843,344 | $302.5M | Add +8.4% |
| UNH Unitedhealth Group Inc. | 0.90% | 514,490 | $300.8M | Reduce -4.3% |
| RACE Ferrari NV | 0.89% | 635,570 | $298.8M | Reduce -0.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.87% | 2,486,274 | $292.2M | Add +21.0% |
| NOW ServiceNow Inc. | 0.84% | 314,806 | $281.6M | Reduce -18.7% |
| QCOM Qualcomm Inc. | 0.82% | 1,615,537 | $274.7M | Reduce -19.3% |
| PG The Procter & Gamble Co. | 0.76% | 1,466,537 | $254.0M | Add +3.3% |
| TSLA Tesla Inc. | 0.73% | 935,944 | $244.9M | Reduce -0.7% |
| ZTS Zoetis Inc. | 0.73% | 1,251,693 | $244.6M | Reduce -3.8% |
| CRM Salesforce Inc. | 0.69% | 845,429 | $231.4M | Reduce -13.7% |
| ADP Automatic Data Processing | 0.61% | 736,811 | $203.9M | Reduce -13.6% |
| AMAT Applied Materials Inc. | 0.59% | 982,483 | $198.5M | Reduce -27.7% |
| EQIX Equinix Inc. | 0.59% | 222,133 | $197.2M | Reduce -3.6% |
| PLD Prologis Inc. | 0.57% | 1,509,416 | $190.6M | Reduce -14.9% |
| PANW Palo Alto Networks Inc. | 0.55% | 538,434 | $184.0M | Reduce -14.3% |
| ETN Eaton Corp. PLC | 0.54% | 542,684 | $179.9M | Add +12.8% |
| AXP American Express Co. | 0.50% | 620,499 | $168.3M | Reduce -27.4% |
| ABBV Abbvie Inc. | 0.50% | 846,325 | $167.1M | Reduce -18.9% |
| HD Home Depot Inc. | 0.49% | 409,285 | $165.8M | Add +75.5% |
| BSX Boston Scientific Corp. | 0.49% | 1,963,148 | $164.5M | Reduce -2.7% |
| ABT Abbott Laboratories | 0.48% | 1,422,269 | $162.2M | Add +2.8% |
| LIN Linde PLC | 0.48% | 335,048 | $159.8M | Reduce -16.8% |
| ADSK Autodesk Inc. | 0.47% | 577,668 | $159.1M | Add +6.8% |
| DXCM Dexcom Inc. | 0.47% | 2,333,481 | $156.4M | Reduce -2.0% |
| UBS UBS Group AG-Reg | 0.46% | 5,001,766 | $154.6M | Add +12.6% |
| MA Mastercard Inc. Class A | 0.46% | 311,125 | $153.6M | Reduce -0.1% |
| ACN Accenture PLC Class A | 0.45% | 428,875 | $151.6M | Reduce -15.7% |
| NXPI NXP Semiconductors NV | 0.45% | 630,228 | $151.3M | Reduce -15.7% |
| JPM JPMorgan Chase & Co. | 0.44% | 706,656 | $149.0M | Reduce -17.4% |
| CSCO Cisco Systems Inc. | 0.44% | 2,794,245 | $148.7M | Add +15.8% |
| BKNG Booking Holdings Inc. | 0.43% | 34,629 | $145.9M | Add +8.7% |
| CMG Chipotle Mexican Grill Inc. | 0.42% | 2,466,671 | $142.1M | Add +81.8% |
| INTU Intuit Inc. | 0.42% | 228,817 | $142.1M | Add +5.8% |
| MRK Merck & Co. Inc. | 0.42% | 1,234,523 | $140.2M | Add +10.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.41% | 787,510 | $136.8M | Reduce -30.8% |
| UNP Union Pacific Corp. | 0.40% | 545,325 | $134.4M | Reduce -11.6% |
| GILD Gilead Sciences Inc. | 0.40% | 1,598,288 | $134.0M | Reduce -8.4% |
| PGR Progressive Corp. | 0.40% | 527,120 | $133.8M | Reduce -22.1% |
| ELV Elevance Health Inc. | 0.39% | 254,908 | $132.6M | Add +7.4% |
| CME Cme Group Inc. | 0.38% | 575,662 | $127.0M | Add +16.4% |
| ADBE Adobe Inc. | 0.37% | 242,970 | $125.8M | Reduce -30.4% |
| ECL Ecolab Inc. | 0.37% | 484,745 | $123.8M | Reduce -10.9% |
| WDAY Workday Inc. Class A | 0.37% | 501,839 | $122.7M | Add +3.7% |
| UBER Uber Technologies Inc. | 0.36% | 1,596,001 | $120.0M | Reduce -15.7% |
| AMGN Amgen Inc. | 0.35% | 361,114 | $116.4M | Add +24.8% |
| STLA Stellantis NV | 0.34% | 9,155,765 | $113.5M | Reduce -32.5% |
| JNJ Johnson & Johnson | 0.33% | 691,795 | $112.1M | Add +3.9% |
| AMT American Tower Corp. | 0.33% | 477,609 | $111.1M | Reduce -8.8% |
| GE General Electric filed as GE AEROSPACE | 0.33% | 583,424 | $110.0M | Add +0.4% |
| BDX Becton Dickinson and Co. | 0.32% | 451,386 | $108.8M | Reduce -10.4% |
| PAYO Payoneer Global Inc. | 0.32% | 14,192,058 | $106.9M | Add +0.1% |
| ZBRA Zebra Technologies Corp. Class A | 0.32% | 288,366 | $106.8M | Add +3.8% |
| NEE Nextera Energy Inc. | 0.32% | 1,257,121 | $106.3M | Reduce -24.9% |
| RSG Republic Services Inc. | 0.31% | 521,478 | $104.7M | Reduce -18.6% |
| GMED Globus Medical Inc. Class A | 0.31% | 1,460,208 | $104.5M | Reduce -1.2% |
| AXON Axon Enterprise Inc. | 0.30% | 253,441 | $101.3M | Reduce -8.0% |
| TXN Texas Instruments Inc. | 0.30% | 481,144 | $99.4M | Add +9.5% |
| NFLX Netflix Inc. | 0.29% | 137,795 | $97.7M | Reduce -0.9% |
| VRSK Verisk Analytics Inc. | 0.29% | 364,492 | $97.7M | Add +13.8% |
| ROP Roper Technologies Inc. | 0.29% | 173,612 | $96.6M | Reduce -23.0% |
| KO The Coca-Cola Co. | 0.28% | 1,331,607 | $95.7M | Reduce -0.1% |
| ORCL Oracle Corp. | 0.28% | 550,550 | $93.8M | Add +9.7% |
| DHR Danaher Corp. | 0.28% | 334,287 | $92.9M | Reduce -12.6% |
| PEP Pepsico Inc. | 0.28% | 543,328 | $92.4M | Add +0.0% |
| TER Teradyne Inc. | 0.27% | 689,656 | $92.4M | Reduce -15.8% |
| VEEV Veeva Systems Inc. Class A | 0.27% | 438,877 | $92.1M | Reduce -4.4% |
| REGN Regeneron Pharmaceuticals | 0.27% | 86,777 | $91.2M | Reduce -6.3% |
| NOVT Novanta Inc. | 0.27% | 507,339 | $90.8M | Add +16.7% |
| ICE Intercontinental Exchange Inc. | 0.27% | 562,965 | $90.4M | Reduce -10.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 397,302 | $87.8M | Reduce -8.1% |
| BLK BlackRock Finance Inc. | 0.26% | 92,486 | $87.8M | Add +40.3% |
| PCAR Paccar Inc. | 0.26% | 888,502 | $87.7M | Reduce -9.6% |
| TRMB Trimble Inc. | 0.25% | 1,379,364 | $85.6M | Add +1.0% |
| CTSH Cognizant Tech Solutions-A | 0.25% | 1,099,508 | $84.9M | Reduce -4.6% |
| NTAP Netapp Inc. | 0.25% | 685,099 | $84.6M | Add +3.4% |
| MELI MercadoLibre Inc. | 0.25% | 40,865 | $83.9M | Reduce -3.4% |
| CMI Cummins Inc. | 0.25% | 255,529 | $82.7M | Add +11.6% |
| SHW The Sherwin-Williams Co. | 0.24% | 213,851 | $81.6M | Add +117.6% |
| FISV Fiserv Inc. | 0.23% | 434,205 | $78.0M | Reduce -29.0% |
| AVB Avalonbay Communities Inc. | 0.23% | 346,192 | $78.0M | Reduce -3.4% |
| ANSS Ansys Inc. | 0.23% | 240,713 | $76.7M | Reduce -1.3% |
| BSY Bentley Systems Inc. Class B | 0.23% | 1,490,333 | $75.7M | Add +15.1% |
| XYL Xylem Inc. | 0.22% | 557,441 | $75.3M | Add +4.8% |
| WMT Walmart Inc. | 0.22% | 911,935 | $73.6M | Add +6.4% |
| MDT Medtronic PLC | 0.22% | 804,079 | $72.4M | Reduce -11.6% |
Other holdings (34): bonds, preferreds, convertibles and warrants · $175.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 17,400,000 | $16.8M | Reduce -20.9% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 10,850,000 | $11.2M | Reduce -8.4% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 9,400,000 | $10.4M | No change |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 10,700,000 | $10.2M | No change |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 9,950,000 | $9.1M | Add +68.6% |
| ZILLOW GROUP INC (Z 1.375 09/01/26) | NOTE 1.375% 9/0 · principal | 5,480,000 | $8.2M | Add +83.9% |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 3,010,000 | $6.3M | Reduce -18.0% |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 03/15/25) | NOTE 1.250% 3/1 · principal | 3,700,000 | $5.9M | New |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 5,750,000 | $5.9M | No change |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 6,200,000 | $5.8M | No change |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 5,630,000 | $5.8M | New |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 6,200,000 | $5.5M | Add +5.1% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 4,500,000 | $5.4M | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 4,830,000 | $5.3M | No change |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 4,150,000 | $5.1M | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 5,141,000 | $5.0M | Reduce -31.8% |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 1,450,000 | $5.0M | No change |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 4,600,000 | $4.4M | New |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 2,800,000 | $4.3M | No change |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 3,750,000 | $4.3M | Reduce -11.8% |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 2,300,000 | $4.1M | No change |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 3,500,000 | $4.1M | No change |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 3,000,000 | $3.6M | No change |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 2,877,000 | $3.5M | No change |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 3,315,000 | $3.4M | No change |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 3,120,000 | $3.1M | Reduce -35.3% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 2,230,000 | $2.7M | No change |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 1,800,000 | $2.3M | New |
| MONGODB INC (MDB 0.25 01/15/26) | NOTE 0.250% 1/1 · principal | 1,470,000 | $2.0M | No change |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 1,510,000 | $2.0M | No change |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 1,790,000 | $1.8M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 1,620,000 | $1.7M | Add +38.5% |
| HUBSPOT INC (HUBS 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 425,000 | $813K | No change |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 700,000 | $707K | Reduce -73.1% |
Total filed on the 13F, all lines: $33.8B.
Portfolio Sells Q2 2024 → Q3 2024
| MSFT Microsoft Corp. | Reduce -6.3% | 5.17% | −0.59 |
| GOOGL Alphabet Inc. Class A | Reduce -18.2% | 1.46% | −0.51 |
| NVDA Nvidia Corp. | Reduce -6.2% | 5.34% | −0.48 |
| STLA Stellantis NV | Reduce -32.5% | 0.34% | −0.41 |
| AMZN Amazon.com Inc. | Reduce -7.1% | 3.29% | −0.40 |
| QCOM Qualcomm Inc. | Reduce -19.3% | 0.82% | −0.38 |
| AMAT Applied Materials Inc. | Reduce -27.7% | 0.59% | −0.37 |
| DXCM Dexcom Inc. | Reduce -2.0% | 0.47% | −0.34 |
| GOOG Alphabet Inc. Class C | Reduce -1.9% | 1.90% | −0.23 |
| ADBE Adobe Inc. | Reduce -30.4% | 0.37% | −0.21 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -30.8% | 0.41% | −0.18 |
| DE Deere & Co. | Reduce -63.0% | 0.12% | −0.17 |
| NXPI NXP Semiconductors NV | Reduce -15.7% | 0.45% | −0.15 |
| ISRG Intuitive Surgical Inc. | Reduce -18.8% | 1.16% | −0.14 |
| PPG PPG Industries Inc. | Reduce -95.3% | 0.01% | −0.14 |
| LRCX Lam Research Corp. | Reduce -9.0% | 0.01% | −0.13 |
| EW Edwards Lifesciences Corp. | Reduce -22.6% | 0.15% | −0.12 |
| EL Estee Lauder Companies Class A | Reduce -63.0% | 0.07% | −0.12 |
| SYY Sysco Corp. | Reduce -88.5% | 0.02% | −0.12 |
| TD Toronto-Dominion Bank | Reduce -66.2% | 0.07% | −0.11 |
| EOG EOG Resources Inc. | Reduce -35.4% | 0.18% | −0.11 |
| MCO Moody's Corp. | Reduce -40.3% | 0.21% | −0.10 |
| BBY Best Buy Co. Inc. | Reduce -92.9% | 0.01% | −0.10 |
| DECK Deckers Outdoor Corp. | Reduce -32.0% | 0.19% | −0.10 |
| ROP Roper Technologies Inc. | Reduce -23.0% | 0.29% | −0.09 |
| AXP American Express Co. | Reduce -27.4% | 0.50% | −0.09 |
| PH Parker Hannifin Corp. | Reduce -51.6% | 0.14% | −0.09 |
| PANW Palo Alto Networks Inc. | Reduce -14.3% | 0.55% | −0.09 |
| TER Teradyne Inc. | Reduce -15.8% | 0.27% | −0.09 |
| MSI Motorola Solutions Inc. | Reduce -46.4% | 0.13% | −0.08 |
| CNI Canadian Natl Railway Co. | Reduce -61.0% | 0.05% | −0.08 |
| JPM JPMorgan Chase & Co. | Reduce -17.4% | 0.44% | −0.07 |
| NOW ServiceNow Inc. | Reduce -18.7% | 0.84% | −0.07 |
| GLW Corning Inc. | Reduce -92.1% | 0.01% | −0.07 |
| RY Royal Bank of Canada | Reduce -42.7% | 0.15% | −0.07 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -25.3% | 0.20% | −0.07 |
| NEM Newmont Corp. | Reduce -49.2% | 0.12% | −0.07 |
| CRM Salesforce Inc. | Reduce -13.7% | 0.69% | −0.06 |
| KLAC KLA Corp. | Reduce -23.5% | 0.16% | −0.06 |
| WCN Waste Connections Inc. | Reduce -23.9% | 0.21% | −0.06 |
| NTR Nutrien Ltd. | Reduce -89.7% | 0.01% | −0.06 |
| RSG Republic Services Inc. | Reduce -18.6% | 0.31% | −0.06 |
| CM Can Imperial BK of Commerce | Reduce -62.8% | 0.05% | −0.06 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -7.2% | 0.12% | −0.06 |
| SCI Service Corp. International | Reduce -36.4% | 0.13% | −0.06 |
| IDXX Idexx Laboratories Inc. | Reduce -44.3% | 0.08% | −0.06 |
| STLD Steel Dynamics Inc. | Reduce -32.2% | 0.10% | −0.05 |
| UBER Uber Technologies Inc. | Reduce -15.7% | 0.36% | −0.05 |
| LIN Linde PLC | Reduce -16.8% | 0.48% | −0.05 |
| APA Apa Corp. | Reduce -68.4% | 0.02% | −0.05 |
Portfolio Buys Q2 2024 → Q3 2024
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | New | 2.30% | +2.30 |
| HD Home Depot Inc. | Add +75.5% | 0.49% | +0.25 |
| TJX TJX Companies Inc. | Add +21.0% | 0.87% | +0.19 |
| CMG Chipotle Mexican Grill Inc. | Add +81.8% | 0.42% | +0.17 |
| SHW The Sherwin-Williams Co. | Add +117.6% | 0.24% | +0.16 |
| CNC Centene Corp. | Add +545.5% | 0.18% | +0.15 |
| PCOR Procore Technologies Inc. | Add +1327.0% | 0.16% | +0.15 |
| PRCT Procept Biorobotics Corp. | New | 0.14% | +0.14 |
| BLK BlackRock Finance Inc. | Add +40.3% | 0.26% | +0.11 |
| CSCO Cisco Systems Inc. | Add +15.8% | 0.44% | +0.10 |
| HPQ HP Inc. | Add +74.9% | 0.21% | +0.09 |
| GIS General Mills Inc. | Add +105.6% | 0.15% | +0.09 |
| CME Cme Group Inc. | Add +16.4% | 0.38% | +0.09 |
| ETN Eaton Corp. PLC | Add +12.8% | 0.54% | +0.08 |
| PAYO Payoneer Global Inc. | Add +0.1% | 0.32% | +0.08 |
| LII Lennox International Inc. | Add +124.3% | 0.14% | +0.08 |
| EXC Exelon Corp. | Add +87.6% | 0.14% | +0.08 |
| AMGN Amgen Inc. | Add +24.8% | 0.35% | +0.08 |
| AMD Advanced Micro Devices | Add +8.4% | 0.90% | +0.08 |
| ADSK Autodesk Inc. | Add +6.8% | 0.47% | +0.07 |
| V Visa Inc. Class A | Add +0.6% | 1.56% | +0.07 |
| ANET Arista Networks Inc. | Add +89.6% | 0.14% | +0.07 |
| GE General Electric | Add +0.4% | 0.33% | +0.07 |
| UBS UBS Group AG-Reg | Add +12.6% | 0.46% | +0.07 |
| ORCL Oracle Corp. | Add +9.7% | 0.28% | +0.07 |
| ZBRA Zebra Technologies Corp. Class A | Add +3.8% | 0.32% | +0.06 |
| NOVT Novanta Inc. | Add +16.7% | 0.27% | +0.06 |
| ACGL Arch Capital Group Ltd. | Add +651.5% | 0.07% | +0.06 |
| BKNG Booking Holdings Inc. | Add +8.7% | 0.43% | +0.06 |
| EXPD Expeditors Intl Wash Inc. | Add +62.4% | 0.14% | +0.06 |
| CMI Cummins Inc. | Add +11.6% | 0.25% | +0.06 |
| PG The Procter & Gamble Co. | Add +3.3% | 0.76% | +0.06 |
| DHI D.R. Horton Inc. | Add +115.0% | 0.08% | +0.05 |
| PYPL PayPal Holdings Inc. | Add +59.7% | 0.10% | +0.05 |
| ABT Abbott Laboratories | Add +2.8% | 0.48% | +0.05 |
| TREX Trex Company Inc. | New | 0.05% | +0.05 |
| AZPN Aspen Technology Inc. | Add +14.9% | 0.17% | +0.05 |
| EXAS Exact Sciences Corp. | Add +0.2% | 0.12% | +0.05 |
| WMT Walmart Inc. | Add +6.4% | 0.22% | +0.05 |
| JNJ Johnson & Johnson | Add +3.9% | 0.33% | +0.04 |
| WDAY Workday Inc. Class A | Add +3.7% | 0.37% | +0.04 |
| GWW WW Grainger Inc. | Add +11.9% | 0.19% | +0.04 |
| TCOM Trip.com Group Ltd.-ADR | Add +125.0% | 0.06% | +0.04 |
| TSCO Tractor Supply Company | Add +56.6% | 0.10% | +0.04 |
| TXN Texas Instruments Inc. | Add +9.5% | 0.30% | +0.04 |
| BAX Baxter International Inc. | Add +37.0% | 0.11% | +0.04 |
| FSLR First Solar Inc. | Add +135.9% | 0.06% | +0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.04% | +0.04 |
| DOV Dover Corp. | Add +24.2% | 0.16% | +0.04 |
| TRI Thomson Reuters Corp. | Add +51.8% | 0.11% | +0.04 |
Notes & Other Activity Q2 2024 → Q3 2024
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Sold out | 16,960,000 | $17.0Mbefore exit |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | Reduce -20.9% | 17,400,000 | $16.8M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Reduce -8.4% | 10,850,000 | $11.2M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +68.6% | 9,950,000 | $9.1M |
| ZILLOW GROUP INC (Z 1.375 09/01/26) | NOTE 1.375% 9/0 · principal | Add +83.9% | 5,480,000 | $8.2M |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | Reduce -18.0% | 3,010,000 | $6.3M |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 03/15/25) | NOTE 1.250% 3/1 · principal | New | 3,700,000 | $5.9M |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | New | 5,630,000 | $5.8M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Add +5.1% | 6,200,000 | $5.5M |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | New | 4,150,000 | $5.1M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Reduce -31.8% | 5,141,000 | $5.0M |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | New | 4,600,000 | $4.4M |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Reduce -11.8% | 3,750,000 | $4.3M |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | Sold out | 6,350,000 | $3.7Mbefore exit |
| CHART INDUSTRIES INC (GTLS 1 11/15/24) | NOTE 1.000%11/1 · principal | Sold out | 1,475,000 | $3.6Mbefore exit |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | Sold out | 2,100,000 | $3.6Mbefore exit |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | Sold out | 1,670,000 | $3.5Mbefore exit |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | Sold out | 3,350,000 | $3.5Mbefore exit |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Reduce -35.3% | 3,120,000 | $3.1M |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | Sold out | 3,000,000 | $2.9Mbefore exit |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Sold out | 2,850,000 | $2.8Mbefore exit |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | New | 1,800,000 | $2.3M |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | Add +38.5% | 1,620,000 | $1.7M |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | Reduce -73.1% | 700,000 | $707K |
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 | 46 | $91.9M | SPY, BRK.B, TTE, GOOGL, NVDA |
| Q1 2026 | 74 | $256.4M | BABA, SPY, TTE, IEMG, NVDA |
| Q4 2025 | 73 | $211.4M | SPY, TTE, NVDA, IEMG, MSFT |
| Q3 2025 | 61 | $199.4M | SPY, MSFT, NVDA, GOOGL, IEMG |
| Q2 2025 | 1,077 | $34.6B | NVDA, MSFT, AMZN, AAPL, META |
| Q1 2025 | 1,014 | $30.3B | NVDA, AAPL, MSFT, AMZN, V |
| Q4 2024 | 1,027 | $32.8B | NVDA, MSFT, AAPL, AMZN, GOOG |
| Q3 2024 | 1,053 | $33.6B | NVDA, MSFT, AAPL, AMZN, SEAGATE HDD CAYMAN (STX 3.5 06/01/28) |
| Q2 2024Amended | 1,019 | $33.4B | NVDA, MSFT, AAPL, AMZN, GOOG |
| Q1 2024 | 1,018 | $33.1B | MSFT, NVDA, AAPL, AMZN, GOOG |