Bank of Montreal
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Bank of Montreal reported 2,994 stock positions worth $199.7 billion. Its top holding was Nvidia (NVDA) at 4.1% of the portfolio, followed by Royal Bank of Canada (RY, 4.0%) and Apple (AAPL, 3.8%). Compared with Q3 2024, it opened 154 new positions, sold out of 443, added to 1,288 and reduced 1,288. The biggest buy was Tesla (TSLA, shares +3%) and the biggest sale Mastercard Class A (MA, shares −57%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0000927971
- Portfolio Value
- $199.7B (Q4 2024)
- SEC Filing
- 0000927971-25-000008 ↗ filed Feb 13, 2025
Holdings Value
Holdings 2,994 stocks · $199.7B
| NVDA Nvidia Corp. | 4.15% | 61,640,347 | $8.3B | Reduce -19.3% |
| RY Royal Bank of Canada | 4.05% | 67,157,390 | $8.1B | Reduce -5.0% |
| AAPL Apple Inc. | 3.84% | 30,594,861 | $7.7B | Reduce -8.4% |
| MSFT Microsoft Corp. | 3.49% | 16,530,692 | $7.0B | Reduce -2.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.78% | 9,479,300 | $5.6B | Reduce -2.1% |
| AMZN Amazon.com Inc. | 2.53% | 23,016,615 | $5.0B | Reduce -13.1% |
| TD Toronto-Dominion Bank | 2.23% | 83,721,828 | $4.5B | Reduce -7.6% |
| GOOGL Alphabet Inc. Class A | 2.01% | 21,255,000 | $4.0B | Reduce -12.6% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.74% | 64,627,855 | $3.5B | Add +7.1% |
| META Meta Platforms Inc. Class A | 1.72% | 5,871,697 | $3.4B | Add +0.5% |
| AVGO Broadcom Inc. | 1.61% | 13,870,815 | $3.2B | Reduce -13.8% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.45% | 29,873,166 | $2.9B | Add +7.9% |
| BN Brookfield Corp. | 1.43% | 49,801,459 | $2.9B | Reduce -5.3% |
| TSLA Tesla Inc. | 1.39% | 6,876,244 | $2.8B | Add +3.0% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 1.35% | 42,546,855 | $2.7B | Add +5.9% |
| BUR Burford Capital Ltd. | 1.26% | 2,836,764 | $2.5B | Reduce -5.1% |
| NFLX Netflix Inc. | 1.25% | 2,804,267 | $2.5B | Reduce -1.2% |
| GOOG Alphabet Inc. Class C | 1.21% | 12,726,947 | $2.4B | Reduce -4.7% |
| ENB Enbridge Inc. | 1.16% | 54,823,604 | $2.3B | Reduce -6.3% |
| TRP TC Energy Corp. | 1.02% | 43,935,824 | $2.0B | Reduce -17.4% |
| CNQ Canadian Natural Resources | 0.92% | 59,448,485 | $1.8B | Reduce -3.6% |
| V Visa Inc. Class A | 0.83% | 5,265,639 | $1.7B | Add +0.1% |
| JPM JPMorgan Chase & Co. | 0.83% | 6,878,949 | $1.6B | Reduce -17.4% |
| COST Costco Wholesale Corp. | 0.81% | 1,759,500 | $1.6B | Reduce -6.1% |
| CNI Canadian Natl Railway Co. | 0.78% | 15,346,289 | $1.6B | Reduce -2.5% |
| WCN Waste Connections Inc. | 0.74% | 8,644,222 | $1.5B | Add +4.3% |
| CP Canadian Pacific Kansas City | 0.73% | 20,225,949 | $1.5B | Add +1.6% |
| NOW ServiceNow Inc. | 0.72% | 1,362,145 | $1.4B | Reduce -0.4% |
| MFC Manulife Financial Corp. | 0.68% | 44,439,784 | $1.4B | Reduce -7.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.66% | 2,891,379 | $1.3B | Reduce -17.8% |
| MA Mastercard Inc. Class A | 0.65% | 2,467,695 | $1.3B | Reduce -57.2% |
| LLY Eli Lilly & Co. | 0.64% | 1,662,993 | $1.3B | Reduce -12.1% |
| SHOP Shopify Inc. Class A | 0.60% | 11,305,521 | $1.2B | Add +9.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.59% | 3,453,654 | $1.2B | Reduce -0.8% |
| WMT Walmart Inc. | 0.56% | 12,388,228 | $1.1B | Reduce -4.5% |
| UNH Unitedhealth Group Inc. | 0.56% | 2,205,611 | $1.1B | Reduce -11.4% |
| TU Telus Corp. | 0.55% | 81,590,736 | $1.1B | Add +5.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.52% | 2,036,725 | $1.0B | Add +51.5% |
| FTS Fortis Inc. | 0.51% | 24,375,228 | $1.0B | Reduce -7.1% |
| IVV iShares Core S&P 500 ETF | 0.49% | 1,655,472 | $974.5M | Add +1.5% |
| TRI Thomson Reuters Corp. | 0.47% | 5,857,659 | $939.4M | Add +9.2% |
| BIP Brookfield Infrastructure Pa | 0.47% | 29,504,743 | $938.0M | Add +1.7% |
| TLT iShares 20+ Year Treasury BD | 0.47% | 10,690,567 | $933.6M | Add +13.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.46% | 20,893,134 | $918.3M | Reduce -8.2% |
| PBA Pembina Pipeline Corp. | 0.45% | 24,429,665 | $901.5M | Reduce -7.9% |
| PAVE Global X US Infrastructure | 0.45% | 22,235,543 | $898.5M | Add +10.8% |
| BCE Bce Inc. | 0.43% | 36,984,855 | $856.2M | Add +8.4% |
| HD Home Depot Inc. | 0.41% | 2,095,555 | $815.2M | Reduce -4.3% |
| SU Suncor Energy Inc. | 0.40% | 22,505,498 | $802.3M | Reduce -18.6% |
| VOO Vanguard S&P 500 ETF | 0.40% | 1,472,106 | $793.2M | Add +42.5% |
| RCI Rogers Communications Inc. Class B | 0.40% | 25,767,924 | $791.1M | Add +10.7% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.40% | 2,729,607 | $790.5M | Add +4817.2% |
| AEM Agnico Eagle Mines Ltd. | 0.39% | 9,928,493 | $775.8M | Reduce -2.5% |
| IWM iShares Russell 2000 ETF | 0.39% | 3,506,356 | $774.8M | Add +42.1% |
| AMD Advanced Micro Devices | 0.37% | 6,124,386 | $739.8M | Add +21.5% |
| JNJ Johnson & Johnson | 0.36% | 4,996,735 | $722.6M | Reduce -15.9% |
| MS Morgan Stanley | 0.36% | 5,717,093 | $718.8M | Reduce -8.7% |
| GS Goldman Sachs Group Inc. | 0.34% | 1,195,746 | $684.7M | Reduce -22.0% |
| PG The Procter & Gamble Co. | 0.34% | 4,020,735 | $674.1M | Reduce -10.7% |
| XOM Exxon Mobil Corp. | 0.33% | 6,212,316 | $668.3M | Reduce -6.0% |
| QSR Restaurant Brands Intern | 0.33% | 10,004,822 | $651.3M | Add +15.8% |
| SLF Sun Life Financial Inc. | 0.32% | 10,878,423 | $645.1M | Reduce -21.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.32% | 9,073,690 | $637.7M | Reduce -12.3% |
| ABBV Abbvie Inc. | 0.32% | 3,541,671 | $629.4M | Reduce -12.9% |
| FNV Franco-Nevada Corp. | 0.31% | 5,300,880 | $622.1M | Add +0.6% |
| NTR Nutrien Ltd. | 0.31% | 13,857,124 | $619.3M | Reduce -1.9% |
| MRK Merck & Co. Inc. | 0.31% | 6,168,425 | $613.6M | Reduce -5.3% |
| C Citigroup Inc. | 0.29% | 8,362,946 | $588.7M | Reduce -7.4% |
| PEP Pepsico Inc. | 0.28% | 3,658,983 | $556.4M | Add +3.1% |
| ORCL Oracle Corp. | 0.28% | 3,323,554 | $553.8M | Add +6.5% |
| CRM Salesforce Inc. | 0.27% | 1,637,388 | $547.4M | Reduce -3.2% |
| CSCO Cisco Systems Inc. | 0.27% | 8,987,045 | $532.0M | Reduce -24.3% |
| PANW Palo Alto Networks Inc. | 0.27% | 2,908,419 | $529.2M | Add +4.5% |
| IEF iShares 7-10 Year Treasury B | 0.26% | 5,649,889 | $522.3M | Reduce -26.6% |
| EWJ iShares MSCI Japan ETF | 0.26% | 7,744,348 | $519.6M | Add +0.1% |
| BAM Brookfield Asset Mgmt-A | 0.26% | 9,575,446 | $518.7M | Add +3.7% |
| ACN Accenture PLC Class A | 0.25% | 1,395,501 | $490.9M | Reduce -16.3% |
| ADBE Adobe Inc. | 0.24% | 1,087,917 | $483.8M | Reduce -21.6% |
| LIN Linde PLC | 0.23% | 1,109,132 | $464.4M | Reduce -11.6% |
| MCD McDonald's Corp. | 0.23% | 1,580,205 | $458.1M | Reduce -2.3% |
| PLTR Palantir Technologies Inc. Class A | 0.23% | 5,983,513 | $452.5M | Add +146.2% |
| NEE Nextera Energy Inc. | 0.22% | 6,193,675 | $444.0M | Add +7.3% |
| KO The Coca-Cola Co. | 0.22% | 7,107,313 | $442.5M | Reduce -11.8% |
| PH Parker Hannifin Corp. | 0.22% | 693,883 | $441.3M | Reduce -3.9% |
| QCOM Qualcomm Inc. | 0.22% | 2,868,302 | $440.6M | Reduce -18.2% |
| GDX Vaneck Gold Miners ETF | 0.22% | 12,737,403 | $431.9M | Add +9.7% |
| TXN Texas Instruments Inc. | 0.21% | 2,285,121 | $428.5M | Reduce -19.2% |
| WFC Wells Fargo & Co. | 0.21% | 6,099,768 | $428.4M | Reduce -13.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.21% | 3,530,940 | $426.6M | Add +2.0% |
| SHY iShares 1-3 Year Treasury Bo | 0.21% | 5,182,691 | $424.9M | Add +0.9% |
| GIB Cgi Inc. | 0.21% | 3,843,289 | $420.0M | Add +17.3% |
| CVX Chevron Corp. | 0.21% | 2,842,469 | $411.7M | Reduce -3.2% |
| VZ Verizon Communications Inc. | 0.20% | 10,212,112 | $408.4M | Reduce -12.0% |
| SPGI S&P Global Inc. | 0.20% | 801,123 | $399.0M | Reduce -9.5% |
| IJH iShares Core S&P Midcap ETF | 0.20% | 6,334,033 | $394.7M | Add +5.0% |
| SNOW Snowflake Inc. | 0.20% | 2,540,547 | $392.3M | Reduce -30.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.19% | 1,702,883 | $374.3M | Add +5.2% |
| ISRG Intuitive Surgical Inc. | 0.18% | 702,500 | $366.7M | Reduce -16.4% |
| ABT Abbott Laboratories | 0.18% | 3,215,220 | $363.7M | Reduce -2.3% |
| GD General Dynamics Corp. | 0.18% | 1,377,330 | $362.9M | Add +1.5% |
Options reported separately and not counted above: QQQ puts ($2.1B), SPY puts ($2.0B), AAPL calls ($874.6M), MSTR puts ($781.7M), IWM puts ($755.7M), NVDA puts ($745.1M), IEF calls ($574.4M), FEZ puts ($469.8M), TSLA puts ($444.3M), GLD puts ($402.2M), AMD puts ($270.3M), SPY calls ($232.3M), and 326 more.
Other holdings (160): bonds, preferreds, convertibles and warrants · $1.5B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 62,191,000 | $82.5M | New |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 53,000,000 | $58.4M | No change |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 55,698,000 | $57.2M | Add +273.1% |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 55,459,000 | $55.7M | Reduce -4.6% |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 1,200,000 | $54.7M | New |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 42,504,000 | $52.7M | Add +1062500.0% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 56,421,000 | $50.7M | Add +249.3% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 50,000,000 | $48.2M | No change |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 1,156,058 | $47.1M | Add +15.6% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 41,500,000 | $45.1M | New |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 35,003,000 | $37.1M | No change |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 29,785,000 | $32.8M | New |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 25,000,000 | $24.8M | Add +1255.0% |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 20,298,000 | $23.7M | New |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 18,713,000 | $22.5M | Add +100.8% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 21,932,000 | $22.3M | Add +124.6% |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 17,000,000 | $21.9M | Reduce -10.5% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 22,500,000 | $21.4M | No change |
| CALLAWAY GOLF CO (CALY 2.75 05/01/26) | NOTE 2.750% 5/0 · principal | 22,000,000 | $21.4M | No change |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 20,625,000 | $21.0M | Add +5385.4% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 23,476,000 | $20.9M | Reduce -0.6% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 19,620,000 | $20.3M | Add +96.9% |
| PARSONS CORP (PSN 0.25 08/15/25) | NOTE 0.250% 8/1 · principal | 9,671,000 | $19.8M | Add +8.0% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 19,480,000 | $19.8M | Reduce -0.1% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 17,027,000 | $18.4M | Add +3.2% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 18,288,000 | $17.9M | Add +209.0% |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 18,000,000 | $17.2M | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 12,696,000 | $16.6M | Add +33.6% |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | 7,000,000 | $15.4M | No change |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 10,502,000 | $15.1M | No change |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 15,411,000 | $14.8M | Reduce -22.6% |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | 16,200,000 | $14.4M | Add +478.6% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 11,519,000 | $14.3M | Reduce -71.7% |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | 6,000,000 | $14.2M | New |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 12,036,000 | $14.1M | Add +621.6% |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | 4,475,000 | $13.3M | Add +129.1% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 13,155,000 | $13.2M | Add +61.2% |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 13,571,000 | $12.7M | Add +15.4% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 12,153,000 | $12.6M | Add +148.2% |
| CERENCE INC (CRNC 3 06/01/25) | NOTE 3.000% 6/0 · principal | 12,300,000 | $12.1M | No change |
| ALTAIR ENGINEERING INC (ALTR 1.75 06/15/27) | NOTE 1.750% 6/1 · principal | 7,500,000 | $11.7M | Add +50.0% |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 11,346,000 | $11.2M | Add +4.0% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 9,850,000 | $11.0M | Reduce -23.1% |
| INFINERA CORP (INFN 2.5 03/01/27) | NOTE 2.500% 3/0 · principal | 10,000,000 | $10.9M | Reduce -33.3% |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 6,656,000 | $10.8M | Add +98.3% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 11,490,000 | $10.8M | Add +53.2% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 10,530,000 | $10.8M | Reduce -7.5% |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 10,925,000 | $10.6M | New |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 7,612,000 | $10.4M | Reduce -63.9% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 12,611,000 | $9.0M | Add +2392.3% |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 9,800,000 | $8.9M | Reduce -58.5% |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 9,074,000 | $8.2M | Add +29.6% |
| SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) | NOTE 0.250%12/0 · principal | 9,725,000 | $7.8M | New |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 7,500,000 | $7.6M | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 6,900,000 | $7.6M | New |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 8,084,000 | $7.5M | Add +51.8% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 7,653,000 | $7.4M | Reduce -15.1% |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 5,500,000 | $6.7M | Add +37.5% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 5,594,000 | $6.6M | New |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 4,148,000 | $6.5M | Add +107.1% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 6,750,000 | $6.3M | Reduce -85.2% |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 2,000,000 | $6.0M | No change |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 6,902,000 | $6.0M | Reduce -11.5% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 4,579,000 | $5.4M | Reduce -79.8% |
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | 5,300,000 | $5.3M | No change |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 5,569,000 | $5.2M | No change |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 4,700,000 | $5.1M | New |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 5,400,000 | $5.0M | Reduce -50.9% |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 4,461,000 | $5.0M | Add +274.2% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 4,815,000 | $4.9M | Add +37.6% |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 3,800,000 | $4.8M | New |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 4,595,000 | $4.8M | Add +0.6% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 5,500,000 | $4.8M | No change |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 4,900,000 | $4.6M | Reduce -81.0% |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | 3,750,000 | $4.4M | No change |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 5,006,000 | $4.2M | No change |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 5,000,000 | $4.2M | No change |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 3,417,000 | $4.1M | Reduce -49.7% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 5,000,000 | $4.1M | Reduce -95.3% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 64,451 | $4.0M | Reduce -48.4% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 2,987,000 | $4.0M | Reduce -40.3% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 2,847,000 | $3.8M | Reduce -65.3% |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 4,000,000 | $3.6M | New |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 2,484,000 | $3.6M | Add +38.9% |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 3,865,000 | $3.5M | Add +132.1% |
| CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) | NOTE 0.625% 6/1 · principal | 3,510,000 | $3.3M | No change |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 3,192,000 | $3.3M | Reduce -62.5% |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | 2,500,000 | $3.2M | Reduce -66.2% |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | 1,506,000 | $3.1M | Reduce -98.2% |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 3,000,000 | $3.1M | New |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 3,305,000 | $2.9M | Add +66000.0% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 2,924,000 | $2.6M | Add +77.0% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 3,027,000 | $2.6M | Add +33533.3% |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 2,700,000 | $2.5M | No change |
| WINNEBAGO INDUSTRIES (WGO 1.5 04/01/25) | NOTE 1.500% 4/0 · principal | 2,536,000 | $2.5M | Add +19.3% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 2,310,000 | $2.4M | Reduce -7.9% |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 2,000,000 | $2.3M | No change |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 1,537,000 | $2.2M | Reduce -63.9% |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 1,475,000 | $2.1M | New |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 2,203,000 | $2.1M | New |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 2,961,000 | $2.1M | Reduce -11.9% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 2,150,000 | $2.0M | Add +71566.7% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,500,000 | $1.6M | New |
| VEECO INSTRUMENTS INC (VECO 2.875 06/01/29) | NOTE 2.875% 6/0 · principal | 1,313,000 | $1.6M | New |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 1,460,000 | $1.5M | Reduce -11.1% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 1,500,000 | $1.3M | New |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 1,136,000 | $1.1M | Reduce -54.6% |
| CTO REALTY GROWTH INC (CTO 3.875 04/15/25 *) | NOTE 3.875% 4/1 · principal | 776,000 | $1.1M | New |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 1,084,000 | $1.0M | Reduce -79.5% |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 500,000 | $1.0M | Reduce -66.8% |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | 1,000,000 | $972K | No change |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 1,000,000 | $970K | New |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | 900,000 | $947K | No change |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | 1,000,000 | $917K | No change |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 10,044 | $708K | Add +89.7% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 695,000 | $658K | Reduce -59.2% |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 592,000 | $572K | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 314 | $383K | No change |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 10,132 | $380K | New |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 304,000 | $286K | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 156 | $187K | Reduce -42.2% |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 176,000 | $173K | Add +100.0% |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 104,000 | $109K | Reduce -99.5% |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 3,793 | $58K | Add +8.6% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 1,552 | $43K | Reduce -49.3% |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 28,000 | $28K | Add +154.6% |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 27,000 | $26K | New |
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | 1,100 | $25K | No change |
| VISHAY INTERTECHNOLOGY (VSH 2.25 06/15/25) | NOTE 2.250% 6/1 · principal | 20,000 | $20K | New |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 3,000 | $14K | No change |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 15,000 | $13K | Reduce -99.9% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 12,000 | $12K | Reduce -99.2% |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 3,000 | $11K | Reduce -100.0% |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 9,000 | $10K | Reduce -98.9% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 9,000 | $9K | No change |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 3,000 | $8K | No change |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 3,000 | $8K | Reduce -99.9% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 8,000 | $8K | Reduce -96.1% |
| HUBSPOT INC (HUBS 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 3,000 | $7K | No change |
| LIVE NATION ENTERTAINMEN (LYV 2 02/15/25) | NOTE 2.000% 2/1 · principal | 6,000 | $7K | No change |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 7,000 | $7K | No change |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 6,000 | $7K | No change |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 3,000 | $7K | No change |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 72 | $6K | New |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 6,000 | $6K | Reduce -99.8% |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 6,000 | $6K | Reduce -100.0% |
| CHEGG INC (CHGG 0.125 03/15/25) | NOTE 0.125% 3/1 · principal | 5,000 | $5K | Reduce -100.0% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 4,000 | $4K | No change |
| JOBY.WS Joby Aviation Inc. -CW25 | *W EXP 08/10/202 | 450 | $4K | No change |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 4,000 | $4K | No change |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 3,000 | $3K | Reduce -100.0% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 3,000 | $3K | Reduce -100.0% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 3,000 | $3K | No change |
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | 3,000 | $3K | No change |
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | 105 | $1K | New |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 26 | $1K | No change |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 126 | $1K | New |
| NE.WS Noble Corp. PLC-28 | *W EXP 02/04/202 | 50 | $614 | No change |
| NOBLE CORP PLC-28 | *W EXP 02/04/202 | 50 | $496 | No change |
| ALURW Allurion Technologies-28 | *W EXP 08/01/203 | 42 | $1 | New |
Total filed on the 13F, all lines: $201.2B.
Portfolio Sells Q3 2024 → Q4 2024
| MA Mastercard Inc. Class A | Reduce -57.2% | 0.65% | −0.68 |
| FLUT Flutter Entertainment PLC-Di | Reduce -94.0% | 0.03% | −0.47 |
| TD Toronto-Dominion Bank | Reduce -7.6% | 2.23% | −0.46 |
| NVDA Nvidia Corp. | Reduce -19.3% | 4.15% | −0.20 |
| TRP TC Energy Corp. | Reduce -17.4% | 1.02% | −0.14 |
| LLY Eli Lilly & Co. | Reduce -12.1% | 0.64% | −0.14 |
| UNH Unitedhealth Group Inc. | Reduce -11.4% | 0.56% | −0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -17.8% | 0.66% | −0.10 |
| IEMG iShares Core MSCI Emerging | Reduce -37.8% | 0.14% | −0.10 |
| EEM iShares MSCI Emerging Market | Reduce -61.5% | 0.05% | −0.09 |
| IEF iShares 7-10 Year Treasury B | Reduce -26.6% | 0.26% | −0.09 |
| ADBE Adobe Inc. | Reduce -21.6% | 0.24% | −0.09 |
| MDT Medtronic PLC | Reduce -44.0% | 0.10% | −0.09 |
| JNJ Johnson & Johnson | Reduce -15.9% | 0.36% | −0.09 |
| BSX Boston Scientific Corp. | Reduce -51.5% | 0.11% | −0.09 |
| MU Micron Technology Inc. | Reduce -31.4% | 0.11% | −0.08 |
| APD Air Products & Chemicals Inc. | Reduce -51.8% | 0.08% | −0.08 |
| HES Hess Corp. | Reduce -78.9% | 0.02% | −0.08 |
| CNI Canadian Natl Railway Co. | Reduce -2.5% | 0.78% | −0.08 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -66.6% | 0.03% | −0.08 |
| BIPC Brookfield Infrastructure-A | Sold out | 0.00% | −0.08 |
| SU Suncor Energy Inc. | Reduce -18.6% | 0.40% | −0.07 |
| CTSH Cognizant Tech Solutions-A | Reduce -72.0% | 0.03% | −0.07 |
| BUR Burford Capital Ltd. | Reduce -5.1% | 1.26% | −0.07 |
| PFE Pfizer Inc. | Reduce -30.0% | 0.14% | −0.07 |
| PM Philip Morris International | Reduce -40.9% | 0.11% | −0.07 |
| TXN Texas Instruments Inc. | Reduce -19.2% | 0.21% | −0.06 |
| FXI iShares China Large-Cap ETF | Reduce -93.0% | 0.00% | −0.06 |
| MPC Marathon Petroleum Corp. | Reduce -56.8% | 0.04% | −0.06 |
| RY Royal Bank of Canada | Reduce -5.0% | 4.05% | −0.06 |
| PBA Pembina Pipeline Corp. | Reduce -7.9% | 0.45% | −0.06 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -12.3% | 0.32% | −0.06 |
| SCHO Schwab Short-Term US Treas | Reduce -100.0% | 0.00% | −0.06 |
| QCOM Qualcomm Inc. | Reduce -18.2% | 0.22% | −0.06 |
| DHI D.R. Horton Inc. | Reduce -47.5% | 0.04% | −0.06 |
| FCX Freeport-McMoran Inc. | Reduce -19.4% | 0.10% | −0.06 |
| ABBV Abbvie Inc. | Reduce -12.9% | 0.32% | −0.06 |
| PSX Phillips 66 | Reduce -52.5% | 0.04% | −0.06 |
| SOBO South Bow Corp. | Reduce -49.7% | 0.06% | −0.05 |
| SLF Sun Life Financial Inc. | Reduce -21.8% | 0.32% | −0.05 |
| FTS Fortis Inc. | Reduce -7.1% | 0.51% | −0.05 |
| CCI Crown Castle Inc. | Reduce -54.9% | 0.03% | −0.05 |
| CTLT Catalent Inc. | Sold out | 0.00% | −0.05 |
| LRCX Lam Research Corp. | Reduce -47.5% | 0.05% | −0.05 |
| KO The Coca-Cola Co. | Reduce -11.8% | 0.22% | −0.05 |
| LIN Linde PLC | Reduce -11.6% | 0.23% | −0.05 |
| AZO AutoZone Inc. | Reduce -38.7% | 0.09% | −0.05 |
| NI Nisource Inc. | Reduce -60.3% | 0.04% | −0.05 |
| XLK SS Technology Select Sector | Reduce -46.3% | 0.06% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -10.9% | 0.18% | −0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| TSLA Tesla Inc. | Add +3.0% | 1.39% | +0.58 |
| MSTR Strategy Inc. | Add +4817.2% | 0.40% | +0.39 |
| BMO Bank of Montreal | Add +7.9% | 1.45% | +0.28 |
| SHOP Shopify Inc. Class A | Add +9.1% | 0.60% | +0.22 |
| QQQ Invesco QQQ Trust Series 1 | Add +51.5% | 0.52% | +0.21 |
| BNS Bank of Nova Scotia | Add +7.1% | 1.74% | +0.20 |
| CM Can Imperial BK of Commerce | Add +5.9% | 1.35% | +0.19 |
| PLTR Palantir Technologies Inc. Class A | Add +146.2% | 0.23% | +0.18 |
| META Meta Platforms Inc. Class A | Add +0.5% | 1.72% | +0.17 |
| V Visa Inc. Class A | Add +0.1% | 0.83% | +0.16 |
| VOO Vanguard S&P 500 ETF | Add +42.5% | 0.40% | +0.14 |
| IWM iShares Russell 2000 ETF | Add +42.1% | 0.39% | +0.13 |
| ET Energy Transfer LP | Add +12090.8% | 0.12% | +0.12 |
| XLP SS Consumer Staples Sel Sect | Add +3342.9% | 0.12% | +0.12 |
| DEO Diageo PLC-Sponsored ADR | Add +1181.5% | 0.09% | +0.08 |
| PAVE Global X US Infrastructure | Add +10.8% | 0.45% | +0.06 |
| BA The Boeing Co. | Add +71.0% | 0.11% | +0.06 |
| BAM Brookfield Asset Mgmt-A | Add +3.7% | 0.26% | +0.06 |
| UBS UBS Group AG-Reg | Add +191.7% | 0.08% | +0.05 |
| WCN Waste Connections Inc. | Add +4.3% | 0.74% | +0.05 |
| IBIT iShares Bitcoin Trust ETF | New | 0.05% | +0.05 |
| IVV iShares Core S&P 500 ETF | Add +1.5% | 0.49% | +0.05 |
| PANW Palo Alto Networks Inc. | Add +4.5% | 0.27% | +0.05 |
| TRI Thomson Reuters Corp. | Add +9.2% | 0.47% | +0.04 |
| APO Apollo Global Management Inc. | Add +35.0% | 0.09% | +0.04 |
| CVE Cenovus Energy Inc. | Add +36.9% | 0.16% | +0.04 |
| COIN Coinbase Global Inc. Class A | Add +568.1% | 0.04% | +0.04 |
| UBER Uber Technologies Inc. | Add +54.0% | 0.16% | +0.04 |
| QSR Restaurant Brands Intern | Add +15.8% | 0.33% | +0.04 |
| LULU Lululemon Athletica Inc. | Add +3.6% | 0.11% | +0.04 |
| DIS The Walt Disney Co. | Add +1.9% | 0.18% | +0.04 |
| BTI British American Tob-SP ADR | Add +2565.4% | 0.04% | +0.04 |
| GIB Cgi Inc. | Add +17.3% | 0.21% | +0.04 |
| MRVL Marvell Technology Inc. | Add +191.1% | 0.04% | +0.03 |
| TLT iShares 20+ Year Treasury BD | Add +13.9% | 0.47% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +38.3% | 0.09% | +0.03 |
| AIQ Global X Art Intel & Tech | Add +1.1% | 0.06% | +0.03 |
| USB US Bancorp | Add +29.4% | 0.10% | +0.03 |
| CLS Celestica Inc. | Add +21.8% | 0.06% | +0.03 |
| KGC Kinross Gold Corp. | Add +46.1% | 0.09% | +0.03 |
| ORCL Oracle Corp. | Add +6.5% | 0.28% | +0.03 |
| TEL Te Connectivity PLC | New | 0.03% | +0.03 |
| SMH Vaneck Semiconductor ETF | Add +62.3% | 0.06% | +0.03 |
| XLE SS Energy Select Sector | Add +73.6% | 0.06% | +0.03 |
| TAC Transalta Corp. | Add +13.4% | 0.07% | +0.03 |
| TJX TJX Companies Inc. | Add +2.0% | 0.21% | +0.02 |
| EPRT Essential Properties Realty | Add +237.7% | 0.03% | +0.02 |
| DIA SS SPDR Dow Jones Indus Avg | Add +17.6% | 0.11% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +8.8% | 0.14% | +0.02 |
| EWC iShares MSCI Canada ETF | Add +87.3% | 0.05% | +0.02 |
Options Activity Q3 2024 → Q4 2024
| QQQ Invesco QQQ Trust Series 1 | put | Add +47.9% | 4,075,700 | $2.1B |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -39.7% | 3,455,100 | $2.0B |
| AAPL Apple Inc. | call | Add +170.0% | 3,492,400 | $874.6M |
| MSTR Strategy Inc. | put | New | 2,699,200 | $781.7M |
| IWM iShares Russell 2000 ETF | put | Reduce -16.5% | 3,420,000 | $755.7M |
| NVDA Nvidia Corp. | put | Reduce -58.3% | 5,548,100 | $745.1M |
| IEF iShares 7-10 Year Treasury B | call | New | 6,213,200 | $574.4M |
| FEZ State Street SPDR Euro Stoxx | put | New | 9,757,300 | $469.8M |
| TSLA Tesla Inc. | put | Add +50.8% | 1,100,100 | $444.3M |
| GLD SPDR Gold Shares | put | Reduce -14.2% | 1,661,200 | $402.2M |
| AMD Advanced Micro Devices | put | Add +239.4% | 2,237,900 | $270.3M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +15.1% | 396,300 | $232.3M |
| XLE SS Energy Select Sector | call | Add +2610.9% | 2,710,900 | $232.2M |
| XME SS SPDR S&P Metals Mining | call | Sold out | 3,529,500 | $226.6Mbefore exit |
| RY Royal Bank of Canada | put | Add +37.7% | 1,362,700 | $164.1M |
| AAPL Apple Inc. | put | Reduce -37.9% | 451,600 | $113.1M |
| XLV SS Health Care Select Sector | put | New | 802,000 | $110.3M |
| BNS Bank of Nova Scotia | call | Add +55.2% | 1,812,500 | $97.2M |
| BMO Bank of Montreal | put | Add +152.3% | 1,001,800 | $97.1M |
| SMH Vaneck Semiconductor ETF | put | New | 375,900 | $91.0M |
| IWM iShares Russell 2000 ETF | call | Reduce -20.0% | 400,000 | $88.4M |
| TD Toronto-Dominion Bank | call | Reduce -2.5% | 1,401,000 | $74.5M |
| AMZN Amazon.com Inc. | put | Reduce -66.0% | 322,700 | $70.8M |
| DIA SS SPDR Dow Jones Indus Avg | call | New | 160,000 | $68.1M |
| META Meta Platforms Inc. Class A | put | Add +305.7% | 113,200 | $66.3M |
| RY Royal Bank of Canada | call | Reduce -25.9% | 549,900 | $66.2M |
| EFA iShares MSCI Eafe ETF | put | Reduce -24.8% | 840,000 | $63.5M |
| RCI Rogers Communications Inc. Class B | call | Add +1164.0% | 2,066,700 | $63.5M |
| QQQ Invesco QQQ Trust Series 1 | call | Reduce -4.2% | 123,800 | $63.3M |
| SLF Sun Life Financial Inc. | put | Reduce -0.6% | 841,500 | $49.9M |
| TSLA Tesla Inc. | call | Reduce -16.5% | 113,500 | $45.8M |
| UBER Uber Technologies Inc. | put | New | 734,500 | $44.3M |
| MIDD Middleby Corp. | put | Add +62.5% | 325,000 | $44.0M |
| TD Toronto-Dominion Bank | put | Add +13.3% | 812,400 | $43.2M |
| MDY State Street SPDR S&P Midcap | call | New | 75,000 | $42.7M |
| BNS Bank of Nova Scotia | put | Add +77.1% | 794,000 | $42.6M |
| CM Can Imperial BK of Commerce | call | Add +22.9% | 633,200 | $40.0M |
| SOFI Sofi Technologies Inc. | put | Add +277.4% | 2,580,500 | $39.7M |
| BCE Bce Inc. | call | Add +264.8% | 1,700,000 | $39.4M |
| IBIT iShares Bitcoin Trust ETF | put | New | 732,500 | $38.9M |
| XLE SS Energy Select Sector | put | Add +123.2% | 453,000 | $38.8M |
| CM Can Imperial BK of Commerce | put | Reduce -0.6% | 561,300 | $35.5M |
| BCE Bce Inc. | put | Add +148.8% | 1,500,000 | $34.7M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +77.1% | 389,700 | $30.6M |
| LLY Eli Lilly & Co. | put | Sold out | 34,900 | $30.6Mbefore exit |
| BA The Boeing Co. | put | Add +904.1% | 169,700 | $30.0M |
| NVDA Nvidia Corp. | call | Add +461.5% | 217,300 | $29.2M |
| MS Morgan Stanley | call | Reduce -14.3% | 230,000 | $28.9M |
| CNQ Canadian Natural Resources | call | Add +120.7% | 900,000 | $27.8M |
| ORCL Oracle Corp. | put | Sold out | 159,100 | $26.8Mbefore exit |
Showing the first 50 of 362.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | New | 62,191,000 | $82.5M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Add +273.1% | 55,698,000 | $57.2M |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | Reduce -4.6% | 55,459,000 | $55.7M |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | New | 1,200,000 | $54.7M |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | Sold out | 61,023,000 | $53.1Mbefore exit |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Add +1062500.0% | 42,504,000 | $52.7M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Add +249.3% | 56,421,000 | $50.7M |
| MONGODB INC (MDB 0.25 01/15/26) | NOTE 0.250% 1/1 · principal | Sold out | 34,210,000 | $47.3Mbefore exit |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Add +15.6% | 1,156,058 | $47.1M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | New | 41,500,000 | $45.1M |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Sold out | 41,868,000 | $41.3Mbefore exit |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Sold out | 690,000 | $38.4Mbefore exit |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | Sold out | 39,815,000 | $35.6Mbefore exit |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | New | 29,785,000 | $32.8M |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | Sold out | 28,777,000 | $24.9Mbefore exit |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | Add +1255.0% | 25,000,000 | $24.8M |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | Sold out | 25,314,000 | $24.2Mbefore exit |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | New | 20,298,000 | $23.7M |
| HEALTH CATALYST INC (HCAT 2.5 04/15/25) | NOTE 2.500% 4/1 · principal | Sold out | 23,500,000 | $23.3Mbefore exit |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Add +100.8% | 18,713,000 | $22.5M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Add +124.6% | 21,932,000 | $22.3M |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | Reduce -10.5% | 17,000,000 | $21.9M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +5385.4% | 20,625,000 | $21.0M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Reduce -0.6% | 23,476,000 | $20.9M |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Add +96.9% | 19,620,000 | $20.3M |
| PARSONS CORP (PSN 0.25 08/15/25) | NOTE 0.250% 8/1 · principal | Add +8.0% | 9,671,000 | $19.8M |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | Reduce -0.1% | 19,480,000 | $19.8M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Add +3.2% | 17,027,000 | $18.4M |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | Add +209.0% | 18,288,000 | $17.9M |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | Sold out | 20,025,000 | $16.6Mbefore exit |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Add +33.6% | 12,696,000 | $16.6M |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | Sold out | 17,033,000 | $16.1Mbefore exit |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Reduce -22.6% | 15,411,000 | $14.8M |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | Add +478.6% | 16,200,000 | $14.4M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Reduce -71.7% | 11,519,000 | $14.3M |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | New | 6,000,000 | $14.2M |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | Add +621.6% | 12,036,000 | $14.1M |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | Add +129.1% | 4,475,000 | $13.3M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Add +61.2% | 13,155,000 | $13.2M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Add +15.4% | 13,571,000 | $12.7M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Add +148.2% | 12,153,000 | $12.6M |
| ALTAIR ENGINEERING INC (ALTR 1.75 06/15/27) | NOTE 1.750% 6/1 · principal | Add +50.0% | 7,500,000 | $11.7M |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | Sold out | 12,519,000 | $11.6Mbefore exit |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Sold out | 13,282,000 | $11.5Mbefore exit |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | Add +4.0% | 11,346,000 | $11.2M |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | Reduce -23.1% | 9,850,000 | $11.0M |
| INFINERA CORP (INFN 2.5 03/01/27) | NOTE 2.500% 3/0 · principal | Reduce -33.3% | 10,000,000 | $10.9M |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Add +98.3% | 6,656,000 | $10.8M |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Add +53.2% | 11,490,000 | $10.8M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Reduce -7.5% | 10,530,000 | $10.8M |
Showing the first 50 of 163.
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 | 3,233 | $272.4B | RY, NVDA, AAPL, TD, GOOGL |
| Q1 2026 | 3,111 | $241.2B | RY, NVDA, TD, AAPL, BUR |
| Q4 2025 | 3,065 | $242.6B | RY, NVDA, AAPL, MSFT, TD |
| Q3 2025 | 3,005 | $234.1B | NVDA, RY, AAPL, MSFT, TD |
| Q2 2025 | 3,060 | $197.0B | NVDA, RY, MSFT, AAPL, TD |
| Q1 2025 | 3,046 | $186.5B | RY, NVDA, AAPL, TD, MSFT |
| Q4 2024 | 2,994 | $199.7B | NVDA, RY, AAPL, MSFT, SPY |
| Q3 2024 | 3,279 | $213.4B | NVDA, RY, AAPL, MSFT, TD |
| Q2 2024 | 3,378 | $329.3B | GOOGL, AMZN, AAPL, TSLA, MSFT |
| Q1 2024 | 3,370 | $316.2B | GOOGL, AMZN, AAPL, TSLA, RY |