Balyasny Asset Management L.P.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Balyasny Asset Management L.P. reported 2,068 stock positions worth $51.2 billion. Its top holding was Amazon.com (AMZN) at 2.4% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 2.2%) and Nvidia (NVDA, 2.2%). Compared with Q3 2025, it opened 643 new positions, sold out of 470, added to 717 and reduced 704. The biggest buy was Amazon.com (AMZN, shares +190%) and the biggest sale Apple (AAPL, shares −70%).
- Most Recent 13F
- Q2 2026
- Location
- Chicago, IL
- CIK
- 0001218710
- Portfolio Value
- $51.2B (Q4 2025)
- SEC Filing
- 0001193125-26-054303 ↗ filed Feb 17, 2026
Holdings Value
Holdings 2,068 stocks · $51.2B
| AMZN Amazon.com Inc. | 2.43% | 5,383,781 | $1.2B | Add +189.7% |
| IVV iShares Core S&P 500 ETF | 2.21% | 1,653,813 | $1.1B | Add +0.4% |
| NVDA Nvidia Corp. | 2.16% | 5,932,977 | $1.1B | Add +22.2% |
| MSFT Microsoft Corp. | 1.43% | 1,517,769 | $734.0M | Reduce -26.8% |
| GOOGL Alphabet Inc. Class A | 1.30% | 2,136,202 | $668.6M | Add +437.0% |
| TSLA Tesla Inc. | 1.01% | 1,155,988 | $519.9M | Reduce -17.9% |
| AVGO Broadcom Inc. | 1.01% | 1,491,576 | $516.2M | Add +154.3% |
| NSC Norfolk Southern Corp. | 0.94% | 1,670,260 | $482.2M | Add +52.2% |
| EA Electronic Arts Inc. | 0.87% | 2,179,784 | $445.4M | Add +141.3% |
| RNAM Avidity Biosciences Inc. | 0.85% | 6,040,590 | $435.7M | New |
| KVUE Kenvue Inc. | 0.82% | 24,220,839 | $417.8M | Add +2236.0% |
| EXAS Exact Sciences Corp. | 0.81% | 4,089,977 | $415.4M | Add +382.6% |
| MS Morgan Stanley | 0.77% | 2,234,175 | $396.6M | Add +378.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.76% | 1,276,232 | $387.8M | Reduce -8.1% |
| CYBR Cyberark Software Ltd./Israel | 0.74% | 850,334 | $379.3M | Reduce -4.9% |
| EBAY eBay Inc. | 0.62% | 3,629,525 | $316.1M | Add +46.9% |
| TTWO Take-Two Interactive Softwre | 0.60% | 1,197,579 | $306.6M | Add +92.5% |
| ROST Ross Stores Inc. | 0.56% | 1,580,844 | $284.8M | Add +7.7% |
| SCHW Schwab (charles) Corp. | 0.53% | 2,723,447 | $272.1M | Add +17.2% |
| PG The Procter & Gamble Co. | 0.53% | 1,890,553 | $270.9M | Add +330.2% |
| ISRG Intuitive Surgical Inc. | 0.52% | 474,547 | $268.8M | Reduce -2.2% |
| PH Parker Hannifin Corp. | 0.52% | 301,706 | $265.2M | Add +359.8% |
| WBD Warner Bros Discovery Inc. | 0.51% | 9,150,574 | $263.7M | Add +301.7% |
| MU Micron Technology Inc. | 0.49% | 887,019 | $253.2M | Reduce -42.0% |
| CL Colgate-Palmolive Co. | 0.46% | 2,995,219 | $236.7M | New |
| BSX Boston Scientific Corp. | 0.46% | 2,481,749 | $236.6M | Add +59.7% |
| GOOG Alphabet Inc. Class C | 0.46% | 748,052 | $234.7M | Add +22.6% |
| HSY The Hershey Co. | 0.45% | 1,278,881 | $232.7M | Add +150.1% |
| DAY Dayforce Inc. | 0.45% | 3,358,487 | $232.3M | Add +427.5% |
| MRK Merck & Co. Inc. | 0.45% | 2,187,260 | $230.2M | Add +219.3% |
| LHX L3HARRIS Technologies Inc. | 0.44% | 762,500 | $223.8M | Reduce -30.8% |
| MSI Motorola Solutions Inc. | 0.43% | 575,159 | $220.5M | Add +9067.3% |
| AME Ametek Inc. | 0.43% | 1,070,555 | $219.8M | Add +539.2% |
| EQIX Equinix Inc. | 0.43% | 286,288 | $219.3M | Add +709.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 434,645 | $218.5M | Add +55.9% |
| ROK Rockwell Automation Inc. | 0.43% | 560,715 | $218.2M | Add +74.3% |
| JCI Johnson Controls Internation | 0.42% | 1,809,184 | $216.6M | Add +93932.4% |
| FDX FedEx Corp. | 0.42% | 748,464 | $216.2M | Add +27008.4% |
| SHW The Sherwin-Williams Co. | 0.42% | 662,225 | $214.6M | Add +53827.1% |
| PFE Pfizer Inc. | 0.42% | 8,544,892 | $212.8M | Add +89.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.41% | 3,805,745 | $209.3M | Add +67.1% |
| DHR Danaher Corp. | 0.40% | 892,828 | $204.4M | Add +20.5% |
| PKG Packaging Corp. of America | 0.40% | 983,216 | $202.8M | Add +100.3% |
| JPM JPMorgan Chase & Co. | 0.39% | 625,007 | $201.4M | Add +17.9% |
| TXNM TXNM Energy Inc. | 0.39% | 3,415,364 | $201.1M | Reduce -15.5% |
| LIN Linde PLC | 0.39% | 466,170 | $198.8M | Add +468.0% |
| SPOT Spotify Technology SA | 0.38% | 339,409 | $197.1M | Add +3.5% |
| UNH Unitedhealth Group Inc. | 0.38% | 586,965 | $193.8M | Add +93.3% |
| A Agilent Technologies Inc. | 0.38% | 1,412,535 | $192.2M | Add +192.0% |
| ICE Intercontinental Exchange Inc. | 0.37% | 1,176,627 | $190.6M | Add +175.7% |
| U Unity Software Inc. | 0.36% | 4,157,271 | $183.6M | Add +108.7% |
| AAPL Apple Inc. | 0.35% | 658,584 | $179.0M | Reduce -69.8% |
| FYBR Frontier Communications Pare | 0.35% | 4,687,317 | $178.4M | Reduce -55.9% |
| AIG American International Group | 0.35% | 2,071,813 | $177.2M | Add +13814.1% |
| SMH Vaneck Semiconductor ETF | 0.34% | 489,873 | $176.4M | Add +37.6% |
| ROKU Roku Inc. | 0.34% | 1,617,036 | $175.4M | Add +965.1% |
| PEP Pepsico Inc. | 0.34% | 1,219,071 | $175.0M | Add +68502.8% |
| CMI Cummins Inc. | 0.33% | 333,837 | $170.4M | Add +14497.2% |
| EG Everest Group Ltd. | 0.33% | 498,697 | $169.2M | Add +181.2% |
| BA The Boeing Co. | 0.33% | 768,368 | $166.8M | Add +748.4% |
| AMAT Applied Materials Inc. | 0.32% | 645,515 | $165.9M | Add +250.2% |
| EAT Brinker International Inc. | 0.32% | 1,142,263 | $163.9M | Add +667.5% |
| FIVE Five Below | 0.32% | 869,702 | $163.8M | Add +4.6% |
| ORLY O'reilly Automotive Inc. | 0.32% | 1,782,209 | $162.6M | Add +19786.3% |
| EXPD Expeditors Intl Wash Inc. | 0.32% | 1,090,892 | $162.6M | Add +18.1% |
| W Wayfair Inc. Class A | 0.32% | 1,612,754 | $161.9M | Add +28.7% |
| CSX CSX Corp. | 0.31% | 4,377,453 | $158.7M | Reduce -46.6% |
| CADE Cadence Bank | 0.31% | 3,675,033 | $157.4M | Add +1481.8% |
| EXPE Expedia Group Inc. | 0.31% | 552,897 | $156.6M | Add +35501.9% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.30% | 1,583,041 | $154.8M | Reduce -17.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.30% | 330,141 | $154.8M | Add +4378.9% |
| BROS Dutch Bros Inc. Class A | 0.30% | 2,481,132 | $151.9M | Add +36.5% |
| FCX Freeport-McMoran Inc. | 0.29% | 2,962,439 | $150.5M | Add +10.1% |
| V Visa Inc. Class A | 0.29% | 428,541 | $150.3M | Reduce -70.8% |
| TWLO Twilio Inc. Class A | 0.29% | 1,051,014 | $149.5M | Add +909.7% |
| COHR Coherent Corp. | 0.29% | 806,059 | $148.8M | Reduce -7.8% |
| CDTX Cidara Therapeutics Inc. | 0.29% | 672,890 | $148.6M | Add +240.6% |
| LVS Las Vegas Sands Corp. | 0.29% | 2,271,010 | $147.8M | Reduce -10.8% |
| NVT Nvent Electric PLC | 0.28% | 1,411,699 | $144.0M | Add +6.5% |
| TOST Toast Inc. Class A | 0.28% | 4,031,705 | $143.2M | Add +41115.6% |
| WTW Willis Towers Watson PLC | 0.28% | 432,838 | $142.2M | Add +103.1% |
| SE Sea Ltd.-ADR | 0.27% | 1,097,102 | $140.0M | Add +18920.5% |
| DTE DTE Energy Company | 0.27% | 1,080,964 | $139.4M | New |
| CRM Salesforce Inc. | 0.27% | 524,253 | $138.9M | Add +273.9% |
| MNST Monster Beverage Corp. | 0.27% | 1,810,451 | $138.8M | Reduce -44.1% |
| AON Aon PLC Class A | 0.27% | 387,013 | $136.6M | Reduce -54.3% |
| LLY Eli Lilly & Co. | 0.27% | 127,008 | $136.5M | Reduce -44.4% |
| KEYS Keysight Technologies Inc. | 0.27% | 671,675 | $136.5M | Add +294.0% |
| PFGC Performance Food Group Co. | 0.27% | 1,514,841 | $136.2M | Add +103.1% |
| BX Blackstone Inc. | 0.27% | 883,485 | $136.2M | Add +100.7% |
| EW Edwards Lifesciences Corp. | 0.26% | 1,574,391 | $134.2M | Add +47.1% |
| CCL Carnival Corp. | 0.26% | 4,390,608 | $134.1M | Add +10.9% |
| RKT Rocket Cos Inc. Class A | 0.26% | 6,908,302 | $133.7M | New |
| CFLT Confluent Inc. Class A | 0.26% | 4,362,956 | $131.9M | Add +3167.6% |
| AVY Avery Dennison Corp. | 0.25% | 708,877 | $128.9M | Add +53.4% |
| GTLS Chart Industries Inc. | 0.25% | 624,366 | $128.8M | Reduce -38.7% |
| GLPI Gaming and Leisure Propertie | 0.25% | 2,869,659 | $128.2M | Add +42.8% |
| IEX Idex Corp. | 0.25% | 720,142 | $128.1M | Add +35817.3% |
| TEL Te Connectivity PLC | 0.25% | 561,117 | $127.7M | Reduce -58.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.25% | 207,600 | $127.5M | Reduce -22.2% |
Options reported separately and not counted above: QQQ puts ($2.3B), IWM puts ($1.4B), XLF puts ($1.0B), SPY puts ($909.8M), AAPL puts ($882.8M), MSFT puts ($827.4M), TSLA puts ($674.0M), META puts ($629.7M), AMZN puts ($522.8M), NVDA puts ($491.4M), GDX puts ($464.2M), GOOGL puts ($457.7M), and 881 more.
Other holdings (65): bonds, preferreds, convertibles and warrants · $2.1B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 84,062,000 | $238.7M | Add +63.2% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 47,772,000 | $177.3M | Add +5.5% |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | 120,000,000 | $110.7M | New |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 82,500,000 | $95.7M | Reduce -2.4% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 41,130,000 | $94.4M | Reduce -37.8% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 81,500,000 | $91.6M | Add +239.6% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 63,500,000 | $63.9M | Add +15.4% |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 53,510,000 | $62.7M | Add +148.8% |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 48,243,000 | $53.7M | New |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 35,644,000 | $50.7M | Add +49.2% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 50,121,000 | $49.8M | Add +13.9% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 30,000,000 | $47.7M | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 40,000,000 | $47.0M | Reduce -36.1% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 36,750,000 | $46.3M | Add +286.8% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 47,568,000 | $45.4M | Add +51.0% |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | 41,000,000 | $39.9M | Add +141.2% |
| MARA HOLDINGS INC (MARA 0 06/01/31) | NOTE 6/0 · principal | 47,000,000 | $39.4M | New |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 30,497,000 | $38.7M | Add +8.9% |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 27,500,000 | $37.8M | New |
| MARA HOLDINGS INC (MARA 0 03/01/30) | NOTE 3/0 · principal | 46,000,000 | $36.5M | New |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 36,500,000 | $34.4M | Add +143.3% |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 35,500,000 | $33.8M | Add +222.7% |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | 29,812,000 | $33.8M | New |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 20,000,000 | $31.1M | Reduce -33.3% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 18,350,000 | $30.7M | New |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 21,500,000 | $29.4M | New |
| CLEANSPARK INC (CLSK 0 06/15/30) | NOTE 6/1 · principal | 28,127,000 | $29.2M | New |
| FLUENCE ENERGY INC (FLNC 2.25 06/15/30) | NOTE 2.250% 6/1 · principal | 24,000,000 | $29.1M | New |
| HERTZ CORP/THE (HTZ 8 07/15/29) | NOTE 8.000% 7/1 · principal | 25,068,000 | $28.7M | Add +511.4% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 15,000,000 | $28.3M | Reduce -40.0% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 30,000,000 | $27.4M | Add +76.5% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 25,400,000 | $24.9M | Add +24.5% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 23,500,000 | $22.7M | Add +171.7% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 21,500,000 | $21.7M | New |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 21,850,000 | $21.7M | New |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 18,500,000 | $19.9M | New |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 21,800,000 | $19.7M | Reduce -18.7% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 14,785,000 | $19.7M | Reduce -57.9% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 20,000,000 | $19.0M | New |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 15,696,000 | $17.0M | New |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 18,000,000 | $16.4M | Reduce -40.0% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 15,000,000 | $14.5M | New |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | 13,000,000 | $14.1M | New |
| NOVANTA INC (NOVT 6.5 11/01/28) | UNIT 11/01/2028 | 240,000 | $13.2M | New |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 9,864,000 | $10.7M | New |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 11,000,000 | $10.1M | New |
| ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) | NOTE 4.000% 3/1 · principal | 9,000,000 | $9.9M | Add +200.0% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 9,500,000 | $9.1M | New |
| NOVAVAX INC (NVAX 5 12/15/27) | NOTE 5.000%12/1 · principal | 8,252,000 | $8.8M | Reduce -59.3% |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 8,500,000 | $8.3M | New |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 8,750,000 | $7.8M | New |
| T1 ENERGY INC (TE 5.25 12/01/30) | NOTE 5.250%12/0 · principal | 5,250,000 | $6.7M | New |
| COGENT BIOSCIENCES INC (COGT 1.625 11/15/31) | NOTE 1.625%11/1 · principal | 5,500,000 | $6.5M | New |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 5,000,000 | $5.2M | New |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 5,180,000 | $5.1M | New |
| WOLFSPEED INC (WOLF 2.5 06/15/31) | NOTE 2.500% 6/1 · principal | 1,174,000 | $1.7M | New |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 1,500,000 | $1.4M | New |
| BEYOND MEAT INC (BYND 7 10/15/30) | DEBT 10/1 · principal | 1,000,000 | $777K | New |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 10/28/203 | 213,913 | $453K | New |
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | 20,000 | $141K | New |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 28,215 | $85K | Add +264.6% |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 23,955 | $22K | Add +1265.0% |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 23,953 | $12K | New |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 24,352 | $10K | New |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 11,374 | $10K | No change |
Total filed on the 13F, all lines: $53.4B.
Portfolio Sells Q3 2025 → Q4 2025
| AAPL Apple Inc. | Reduce -69.8% | 0.35% | −0.81 |
| MSFT Microsoft Corp. | Reduce -26.8% | 1.43% | −0.80 |
| META Meta Platforms Inc. Class A | Reduce -71.6% | 0.24% | −0.77 |
| V Visa Inc. Class A | Reduce -70.8% | 0.29% | −0.75 |
| LMT Lockheed Martin Corp. | Reduce -98.2% | 0.01% | −0.69 |
| TMUS T-Mobile US Inc. | Reduce -92.3% | 0.04% | −0.60 |
| COOP Mr Cooper Group Inc. | Sold out | 0.00% | −0.58 |
| UAL United Airlines Holdings Inc. | Reduce -99.8% | 0.00% | −0.53 |
| SPR Spirit Aerosystems Hold Class A | Sold out | 0.00% | −0.52 |
| GD General Dynamics Corp. | Reduce -98.7% | 0.01% | −0.52 |
| AMD Advanced Micro Devices | Reduce -97.4% | 0.02% | −0.49 |
| FYBR Frontier Communications Pare | Reduce -55.9% | 0.35% | −0.48 |
| WDC Western Digital Corp. | Reduce -89.4% | 0.08% | −0.47 |
| USB US Bancorp | Reduce -99.5% | 0.00% | −0.42 |
| SLB SLB Ltd. | Reduce -96.9% | 0.01% | −0.42 |
| VRNA Verona Pharma Ltd. | Sold out | 0.00% | −0.41 |
| UNP Union Pacific Corp. | Reduce -98.2% | 0.01% | −0.41 |
| AJG Arthur J Gallagher & Co. | Reduce -98.2% | 0.01% | −0.40 |
| ABNB Airbnb Inc. Class A | Reduce -99.3% | 0.00% | −0.39 |
| HUBS HubSpot Inc. | Reduce -77.5% | 0.08% | −0.38 |
| ECL Ecolab Inc. | Reduce -99.4% | 0.00% | −0.38 |
| CMA Comerica Inc. | Reduce -87.4% | 0.07% | −0.37 |
| TEL Te Connectivity PLC | Reduce -58.7% | 0.25% | −0.37 |
| AON Aon PLC Class A | Reduce -54.3% | 0.27% | −0.36 |
| GPN Global Payments Inc. | Reduce -87.1% | 0.04% | −0.35 |
| TXRH Texas Roadhouse Inc. | Reduce -99.6% | 0.00% | −0.33 |
| APH Amphenol Corp. Class A | Reduce -98.1% | 0.01% | −0.32 |
| HD Home Depot Inc. | Reduce -91.7% | 0.02% | −0.31 |
| CSX CSX Corp. | Reduce -46.6% | 0.31% | −0.30 |
| CELH Celsius Holdings Inc. | Reduce -51.2% | 0.17% | −0.29 |
| TSLA Tesla Inc. | Reduce -17.9% | 1.01% | −0.29 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -98.5% | 0.00% | −0.27 |
| TFC Truist Financial Corp. | Reduce -98.2% | 0.01% | −0.27 |
| FHN First Horizon Corp. | Reduce -76.9% | 0.08% | −0.27 |
| DUOL Duolingo | Reduce -91.5% | 0.01% | −0.27 |
| LHX L3HARRIS Technologies Inc. | Reduce -30.8% | 0.44% | −0.26 |
| CVX Chevron Corp. | Reduce -48.3% | 0.24% | −0.26 |
| WM Waste Management Inc. | Reduce -80.9% | 0.06% | −0.26 |
| MO Altria Group Inc. | Reduce -97.8% | 0.00% | −0.23 |
| GS Goldman Sachs Group Inc. | Reduce -81.4% | 0.06% | −0.23 |
| GDX Vaneck Gold Miners ETF | Reduce -96.7% | 0.01% | −0.23 |
| NVS Novartis AG-Sponsored ADR | Reduce -99.4% | 0.00% | −0.23 |
| DASH DoorDash Inc. Class A | Reduce -98.6% | 0.00% | −0.23 |
| YUM Yum! Brands Inc. | Reduce -82.9% | 0.04% | −0.22 |
| PHM Pultegroup Inc. | Reduce -99.6% | 0.00% | −0.22 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -71.6% | 0.06% | −0.22 |
| WMT Walmart Inc. | Reduce -80.9% | 0.05% | −0.22 |
| XYL Xylem Inc. | Reduce -99.5% | 0.00% | −0.22 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.22 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −0.21 |
Portfolio Buys Q3 2025 → Q4 2025
| AMZN Amazon.com Inc. | Add +189.7% | 2.43% | +1.58 |
| GOOGL Alphabet Inc. Class A | Add +437.0% | 1.30% | +1.10 |
| RNAM Avidity Biosciences Inc. | New | 0.85% | +0.85 |
| KVUE Kenvue Inc. | Add +2236.0% | 0.82% | +0.78 |
| EXAS Exact Sciences Corp. | Add +382.6% | 0.81% | +0.71 |
| MS Morgan Stanley | Add +378.8% | 0.77% | +0.62 |
| AVGO Broadcom Inc. | Add +154.3% | 1.01% | +0.60 |
| EA Electronic Arts Inc. | Add +141.3% | 0.87% | +0.49 |
| CL Colgate-Palmolive Co. | New | 0.46% | +0.46 |
| MSI Motorola Solutions Inc. | Add +9067.3% | 0.43% | +0.42 |
| JCI Johnson Controls Internation | Add +93932.4% | 0.42% | +0.42 |
| WBD Warner Bros Discovery Inc. | Add +301.7% | 0.51% | +0.42 |
| FDX FedEx Corp. | Add +27008.4% | 0.42% | +0.42 |
| SHW The Sherwin-Williams Co. | Add +53827.1% | 0.42% | +0.42 |
| PH Parker Hannifin Corp. | Add +359.8% | 0.52% | +0.41 |
| PG The Procter & Gamble Co. | Add +330.2% | 0.53% | +0.39 |
| EQIX Equinix Inc. | Add +709.3% | 0.43% | +0.37 |
| AME Ametek Inc. | Add +539.2% | 0.43% | +0.36 |
| DAY Dayforce Inc. | Add +427.5% | 0.45% | +0.36 |
| AIG American International Group | Add +13814.1% | 0.35% | +0.34 |
| PEP Pepsico Inc. | Add +68502.8% | 0.34% | +0.34 |
| CMI Cummins Inc. | Add +14497.2% | 0.33% | +0.33 |
| MRK Merck & Co. Inc. | Add +219.3% | 0.45% | +0.33 |
| ORLY O'reilly Automotive Inc. | Add +19786.3% | 0.32% | +0.32 |
| ROKU Roku Inc. | Add +965.1% | 0.34% | +0.31 |
| LIN Linde PLC | Add +468.0% | 0.39% | +0.31 |
| EXPE Expedia Group Inc. | Add +35501.9% | 0.31% | +0.30 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +4378.9% | 0.30% | +0.29 |
| CADE Cadence Bank | Add +1481.8% | 0.31% | +0.29 |
| BA The Boeing Co. | Add +748.4% | 0.33% | +0.28 |
| EAT Brinker International Inc. | Add +667.5% | 0.32% | +0.28 |
| TOST Toast Inc. Class A | Add +41115.6% | 0.28% | +0.28 |
| NVDA Nvidia Corp. | Add +22.2% | 2.16% | +0.28 |
| DTE DTE Energy Company | New | 0.27% | +0.27 |
| SE Sea Ltd.-ADR | Add +18920.5% | 0.27% | +0.27 |
| TWLO Twilio Inc. Class A | Add +909.7% | 0.29% | +0.27 |
| TTWO Take-Two Interactive Softwre | Add +92.5% | 0.60% | +0.26 |
| RKT Rocket Cos Inc. Class A | New | 0.26% | +0.26 |
| NSC Norfolk Southern Corp. | Add +52.2% | 0.94% | +0.26 |
| HSY The Hershey Co. | Add +150.1% | 0.45% | +0.26 |
| CFLT Confluent Inc. Class A | Add +3167.6% | 0.26% | +0.25 |
| CDTX Cidara Therapeutics Inc. | Add +240.6% | 0.29% | +0.25 |
| IEX Idex Corp. | Add +35817.3% | 0.25% | +0.25 |
| A Agilent Technologies Inc. | Add +192.0% | 0.38% | +0.25 |
| AMAT Applied Materials Inc. | Add +250.2% | 0.32% | +0.25 |
| AMP Ameriprise Financial Inc. | New | 0.23% | +0.23 |
| SEE Sealed Air Corp. | Add +2124.1% | 0.23% | +0.22 |
| ICE Intercontinental Exchange Inc. | Add +175.7% | 0.37% | +0.22 |
| CNI Canadian Natl Railway Co. | Add +7521.2% | 0.22% | +0.22 |
| HON Honeywell International Inc. | Add +1776.2% | 0.22% | +0.21 |
Options Activity Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | put | Add +5.5% | 3,706,700 | $2.3B |
| IWM iShares Russell 2000 ETF | put | Reduce -26.4% | 5,728,800 | $1.4B |
| XLF SS Financial Select Sector | put | Reduce -9.5% | 18,432,100 | $1.0B |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +4.5% | 1,334,200 | $909.8M |
| AAPL Apple Inc. | put | Add +34.3% | 3,247,100 | $882.8M |
| MSFT Microsoft Corp. | put | Reduce -2.8% | 1,710,900 | $827.4M |
| TSLA Tesla Inc. | put | Add +11.3% | 1,498,700 | $674.0M |
| META Meta Platforms Inc. Class A | put | Add +53.2% | 953,900 | $629.7M |
| WOLF Wolfspeed Inc. | put | Sold out | 19,479,100 | $557.1Mbefore exit |
| AMZN Amazon.com Inc. | put | Reduce -12.0% | 2,264,800 | $522.8M |
| NVDA Nvidia Corp. | put | Reduce -6.8% | 2,635,100 | $491.4M |
| GDX Vaneck Gold Miners ETF | put | Reduce -32.4% | 5,412,500 | $464.2M |
| GOOGL Alphabet Inc. Class A | put | Reduce -25.8% | 1,462,200 | $457.7M |
| SMH Vaneck Semiconductor ETF | put | Add +16.2% | 1,233,700 | $444.3M |
| META Meta Platforms Inc. Class A | call | Add +138.3% | 645,200 | $425.9M |
| KRE SS SPDR S&P Regional Bank | put | Reduce -9.8% | 6,364,600 | $412.5M |
| XLE SS Energy Select Sector | put | Add +25.1% | 7,507,300 | $335.7M |
| XLU St Sr Utl SL SE SPDR ETF-Usd | put | Reduce -4.0% | 6,608,600 | $282.1M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +92.8% | 390,100 | $266.0M |
| XBI SS SPDR S&P Biotech ETF | put | Reduce -2.0% | 2,050,100 | $250.0M |
| SLV iShares Silver Trust | put | Reduce -12.2% | 3,639,400 | $234.5M |
| AMZN Amazon.com Inc. | call | Add +1.4% | 957,500 | $221.0M |
| SMH Vaneck Semiconductor ETF | call | Add +189.1% | 608,600 | $219.2M |
| XLF SS Financial Select Sector | call | Reduce -14.8% | 3,322,500 | $182.0M |
| XOM Exxon Mobil Corp. | put | Add +15.8% | 1,427,900 | $171.8M |
| TSLA Tesla Inc. | call | Reduce -34.9% | 377,500 | $169.8M |
| TLT iShares 20+ Year Treasury BD | put | Add +12.1% | 1,882,400 | $164.1M |
| QQQ Invesco QQQ Trust Series 1 | call | Reduce -89.8% | 258,000 | $158.5M |
| KMB Kimberly-Clark Corp. | call | New | 1,556,500 | $157.0M |
| NVDA Nvidia Corp. | call | Reduce -31.1% | 831,900 | $155.1M |
| IWM iShares Russell 2000 ETF | call | Reduce -9.2% | 594,500 | $146.3M |
| TLT iShares 20+ Year Treasury BD | call | Add +27.3% | 1,677,200 | $146.2M |
| RIVN Rivian Automotive Inc. Class A | put | Reduce -7.6% | 7,402,900 | $145.9M |
| NFLX Netflix Inc. | put | Reduce -16.0% | 1,452,300 | $136.2M |
| CVX Chevron Corp. | put | Add +34.6% | 878,400 | $133.9M |
| PDD PDD Holdings Inc. | put | Add +32.5% | 1,177,900 | $133.5M |
| BAC Bank of America Corp. | put | Add +7.0% | 2,257,500 | $124.2M |
| XLV SS Health Care Select Sector | put | Reduce -43.8% | 756,000 | $117.0M |
| WFC Wells Fargo & Co. | put | Reduce -4.2% | 1,248,900 | $116.4M |
| EEM iShares MSCI Emerging Market | put | Reduce -36.0% | 2,081,200 | $113.9M |
| BA The Boeing Co. | put | Add +56.5% | 520,600 | $113.0M |
| BABA Alibaba Group Holding-SP ADR | put | Add +13.0% | 696,800 | $102.1M |
| AMD Advanced Micro Devices | put | Reduce -36.1% | 464,800 | $99.5M |
| JPM JPMorgan Chase & Co. | put | Add +3.5% | 295,900 | $95.3M |
| CRWD CrowdStrike Holdings Inc. Class A | put | Add +35.5% | 203,100 | $95.2M |
| KWEB Kranesh Csi China Internet | put | Add +13.5% | 2,765,800 | $94.2M |
| BILL Bill Holdings Inc. | call | Add +86.8% | 1,726,700 | $94.2M |
| MA Mastercard Inc. Class A | put | Reduce -13.1% | 163,300 | $93.2M |
| COST Costco Wholesale Corp. | put | Add +200.3% | 107,200 | $92.4M |
| UNH Unitedhealth Group Inc. | call | Reduce -20.9% | 276,300 | $91.2M |
Showing the first 50 of 1,010.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | Add +63.2% | 84,062,000 | $238.7M |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Add +5.5% | 47,772,000 | $177.3M |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | Sold out | 36,851,000 | $167.3Mbefore exit |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | New | 120,000,000 | $110.7M |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | Reduce -2.4% | 82,500,000 | $95.7M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Reduce -37.8% | 41,130,000 | $94.4M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Sold out | 92,000,000 | $93.3Mbefore exit |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Add +239.6% | 81,500,000 | $91.6M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Add +15.4% | 63,500,000 | $63.9M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | Add +148.8% | 53,510,000 | $62.7M |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Sold out | 67,000,000 | $58.9Mbefore exit |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Sold out | 55,500,000 | $54.8Mbefore exit |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | New | 48,243,000 | $53.7M |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | Add +49.2% | 35,644,000 | $50.7M |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | Add +13.9% | 50,121,000 | $49.8M |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | New | 30,000,000 | $47.7M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Reduce -36.1% | 40,000,000 | $47.0M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +286.8% | 36,750,000 | $46.3M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Add +51.0% | 47,568,000 | $45.4M |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | Add +141.2% | 41,000,000 | $39.9M |
| MARA HOLDINGS INC (MARA 0 06/01/31) | NOTE 6/0 · principal | New | 47,000,000 | $39.4M |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Add +8.9% | 30,497,000 | $38.7M |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | New | 27,500,000 | $37.8M |
| MARA HOLDINGS INC (MARA 0 03/01/30) | NOTE 3/0 · principal | New | 46,000,000 | $36.5M |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | Add +143.3% | 36,500,000 | $34.4M |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | Add +222.7% | 35,500,000 | $33.8M |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | New | 29,812,000 | $33.8M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Reduce -33.3% | 20,000,000 | $31.1M |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | New | 18,350,000 | $30.7M |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | New | 21,500,000 | $29.4M |
| CLEANSPARK INC (CLSK 0 06/15/30) | NOTE 6/1 · principal | New | 28,127,000 | $29.2M |
| FLUENCE ENERGY INC (FLNC 2.25 06/15/30) | NOTE 2.250% 6/1 · principal | New | 24,000,000 | $29.1M |
| HERTZ CORP/THE (HTZ 8 07/15/29) | NOTE 8.000% 7/1 · principal | Add +511.4% | 25,068,000 | $28.7M |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | Reduce -40.0% | 15,000,000 | $28.3M |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | Add +76.5% | 30,000,000 | $27.4M |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | Add +24.5% | 25,400,000 | $24.9M |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | Sold out | 5,997,000 | $24.8Mbefore exit |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | Add +171.7% | 23,500,000 | $22.7M |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | New | 21,500,000 | $21.7M |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | New | 21,850,000 | $21.7M |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Sold out | 20,000,000 | $20.8Mbefore exit |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | New | 18,500,000 | $19.9M |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | Reduce -18.7% | 21,800,000 | $19.7M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Reduce -57.9% | 14,785,000 | $19.7M |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | New | 20,000,000 | $19.0M |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | New | 15,696,000 | $17.0M |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | Reduce -40.0% | 18,000,000 | $16.4M |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | Sold out | 15,000,000 | $14.7Mbefore exit |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | New | 15,000,000 | $14.5M |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | New | 13,000,000 | $14.1M |
Showing the first 50 of 84.
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 | 1,996 | $53.0B | AMZN, NVDA, SPY, SPCX, IVV |
| Q1 2026 | 2,025 | $48.5B | AMZN, NVDA, WBD, META, AAPL |
| Q4 2025 | 2,068 | $51.2B | AMZN, IVV, NVDA, MSFT, GOOGL |
| Q3 2025 | 1,893 | $48.1B | IVV, MSFT, NVDA, TSLA, AAPL |
| Q2 2025 | 1,902 | $43.4B | NVDA, AMZN, BRO, LLY, ANET |
| Q1 2025 | 1,924 | $39.4B | SPY, AMZN, IVV, NVDA, SCHW |
| Q4 2024 | 1,840 | $42.2B | AMZN, TSM, CRM, NVDA, AJG |
| Q3 2024 | 1,855 | $38.0B | MSFT, IJH, HES, DFS, MO |
| Q2 2024 | 1,827 | $38.0B | IJH, AAPL, AMZN, VTI, SPY |
| Q1 2024 | 1,886 | $37.8B | PXD, IJH, AMZN, ASML, AVGO |