Bank of Montreal
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Bank of Montreal reported 3,065 stock positions worth $242.6 billion. Its top holding was Royal Bank of Canada (RY) at 4.2% of the portfolio, followed by Nvidia (NVDA, 4.2%) and Apple (AAPL, 3.2%). Compared with Q3 2025, it opened 229 new positions, sold out of 172, added to 1,389 and reduced 1,138. The biggest buy was Meta Platforms Class A (META, shares +65%) and the biggest sale Arista Networks (ANET, shares −19%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0000927971
- Portfolio Value
- $242.6B (Q4 2025)
- SEC Filing
- 0000927971-26-000035 ↗ filed Feb 12, 2026
Holdings Value
Holdings 3,065 stocks · $242.6B
| RY Royal Bank of Canada | 4.19% | 59,644,177 | $10.2B | Reduce -4.9% |
| NVDA Nvidia Corp. | 4.17% | 54,243,396 | $10.1B | Reduce -8.6% |
| AAPL Apple Inc. | 3.16% | 28,178,778 | $7.7B | Reduce -4.4% |
| MSFT Microsoft Corp. | 2.83% | 14,201,244 | $6.9B | Reduce -0.8% |
| TD Toronto-Dominion Bank | 2.71% | 69,777,906 | $6.6B | Reduce 0.0% |
| GOOGL Alphabet Inc. Class A | 2.61% | 20,192,270 | $6.3B | Reduce -2.9% |
| META Meta Platforms Inc. Class A | 2.25% | 8,274,246 | $5.5B | Add +64.7% |
| AMZN Amazon.com Inc. | 2.08% | 21,858,694 | $5.0B | Reduce -4.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.99% | 7,078,362 | $4.8B | Add +7.5% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.76% | 57,900,307 | $4.3B | Add +7.5% |
| AVGO Broadcom Inc. | 1.60% | 11,195,500 | $3.9B | Reduce -4.4% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 1.58% | 42,400,895 | $3.8B | Add +10.4% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.51% | 28,165,528 | $3.7B | Reduce -1.2% |
| GOOG Alphabet Inc. Class C | 1.45% | 11,205,550 | $3.5B | Add +2.2% |
| TSLA Tesla Inc. | 1.44% | 7,769,541 | $3.5B | Add +1.6% |
| TRP TC Energy Corp. | 1.12% | 49,403,289 | $2.7B | Add +25.6% |
| BN Brookfield Corp. | 1.12% | 59,074,667 | $2.7B | Reduce -9.8% |
| ENB Enbridge Inc. | 1.09% | 55,481,194 | $2.7B | Reduce -4.3% |
| CNQ Canadian Natural Resources | 0.97% | 69,490,752 | $2.4B | Reduce -13.4% |
| NFLX Netflix Inc. | 0.94% | 24,426,163 | $2.3B | Add +0.8% |
| MFC Manulife Financial Corp. | 0.85% | 56,829,108 | $2.1B | Reduce -0.2% |
| SHOP Shopify Inc. Class A | 0.80% | 12,124,197 | $2.0B | Reduce -11.2% |
| IVV iShares Core S&P 500 ETF | 0.78% | 2,755,114 | $1.9B | Reduce -36.7% |
| JPM JPMorgan Chase & Co. | 0.77% | 5,831,539 | $1.9B | Reduce -4.9% |
| LLY Eli Lilly & Co. | 0.72% | 1,629,451 | $1.8B | Add +3.8% |
| GDX Vaneck Gold Miners ETF | 0.69% | 19,417,095 | $1.7B | Add +36.1% |
| AEM Agnico Eagle Mines Ltd. | 0.67% | 9,611,204 | $1.6B | Reduce -7.2% |
| SU Suncor Energy Inc. | 0.67% | 36,513,628 | $1.6B | Add +12.2% |
| ORCL Oracle Corp. | 0.66% | 8,182,233 | $1.6B | Add +65.2% |
| PLTR Palantir Technologies Inc. Class A | 0.65% | 8,837,038 | $1.6B | Add +38.1% |
| V Visa Inc. Class A | 0.64% | 4,416,020 | $1.5B | Reduce -14.0% |
| COST Costco Wholesale Corp. | 0.64% | 1,789,763 | $1.5B | Reduce -4.8% |
| CP Canadian Pacific Kansas City | 0.63% | 20,825,252 | $1.5B | Reduce -4.7% |
| WCN Waste Connections Inc. | 0.62% | 8,607,580 | $1.5B | Reduce -2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.59% | 2,841,340 | $1.4B | Add +10.1% |
| CNI Canadian Natl Railway Co. | 0.58% | 14,178,973 | $1.4B | Reduce -0.2% |
| WMT Walmart Inc. | 0.56% | 12,168,509 | $1.4B | Add +7.8% |
| FTS Fortis Inc. | 0.53% | 24,521,460 | $1.3B | Add +6.0% |
| GS Goldman Sachs Group Inc. | 0.52% | 1,446,060 | $1.3B | Add +2.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.51% | 22,540,219 | $1.2B | Reduce -2.8% |
| MA Mastercard Inc. Class A | 0.49% | 2,076,681 | $1.2B | Add +17.8% |
| MS Morgan Stanley | 0.49% | 6,638,226 | $1.2B | Add +3.5% |
| PAVE Global X US Infrastructure | 0.49% | 24,643,304 | $1.2B | Add +3.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.46% | 12,495,924 | $1.1B | Reduce -8.3% |
| FNV Franco-Nevada Corp. | 0.45% | 5,231,145 | $1.1B | Reduce -5.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.44% | 2,301,959 | $1.1B | Reduce -7.6% |
| JNJ Johnson & Johnson | 0.44% | 5,194,401 | $1.1B | Add +27.2% |
| B Barrick Mining Corp. | 0.44% | 24,296,483 | $1.1B | Add +34.1% |
| QSR Restaurant Brands Intern | 0.43% | 15,219,947 | $1.0B | Add +25.5% |
| AMD Advanced Micro Devices | 0.41% | 4,631,529 | $991.9M | Reduce -26.8% |
| PBA Pembina Pipeline Corp. | 0.40% | 25,608,883 | $975.6M | Add +8.3% |
| NTR Nutrien Ltd. | 0.40% | 15,780,230 | $974.0M | Reduce -0.1% |
| BIP Brookfield Infrastructure Pa | 0.40% | 27,925,960 | $970.1M | Reduce -1.3% |
| RCI Rogers Communications Inc. Class B | 0.39% | 25,096,573 | $947.3M | Add +18.8% |
| TLT iShares 20+ Year Treasury BD | 0.39% | 10,801,080 | $941.4M | Reduce -40.4% |
| VOO Vanguard S&P 500 ETF | 0.38% | 1,488,405 | $933.4M | Reduce -2.4% |
| IWM iShares Russell 2000 ETF | 0.38% | 3,722,571 | $916.3M | Reduce -25.2% |
| C Citigroup Inc. | 0.37% | 7,741,393 | $903.3M | Reduce -4.6% |
| EMA Emera Inc. | 0.36% | 17,955,123 | $884.9M | Add +6.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.36% | 1,431,050 | $877.4M | Add +16.1% |
| BCE Bce Inc. | 0.36% | 36,251,026 | $864.7M | Reduce -0.1% |
| WPM Wheaton Precious Metals Corp. | 0.34% | 7,061,090 | $830.1M | Add +9.4% |
| TU Telus Corp. | 0.34% | 61,928,792 | $816.2M | Reduce -24.2% |
| TRI Thomson Reuters Corp. | 0.33% | 6,098,897 | $804.9M | Reduce -0.2% |
| MU Micron Technology Inc. | 0.31% | 2,639,138 | $753.2M | Add +5.6% |
| ABBV Abbvie Inc. | 0.30% | 3,221,221 | $736.0M | Add +8.3% |
| NOW ServiceNow Inc. | 0.29% | 4,539,302 | $695.4M | Reduce -36.7% |
| XOM Exxon Mobil Corp. | 0.28% | 5,563,734 | $669.5M | Add +6.9% |
| SLF Sun Life Financial Inc. | 0.27% | 10,333,278 | $645.1M | Add +5.3% |
| BAM Brookfield Asset Mgmt-A | 0.26% | 12,257,224 | $642.1M | Add +7.2% |
| HD Home Depot Inc. | 0.25% | 1,728,454 | $594.8M | Add +2.2% |
| CSCO Cisco Systems Inc. | 0.24% | 7,562,730 | $582.6M | Add +9.1% |
| GDXJ Vaneck Junior Gold Miners | 0.24% | 5,038,294 | $573.3M | Add +30.2% |
| MRK Merck & Co. Inc. | 0.23% | 5,372,201 | $565.5M | Reduce -0.5% |
| SNOW Snowflake Inc. | 0.23% | 2,568,597 | $563.4M | Add +9.6% |
| PANW Palo Alto Networks Inc. | 0.23% | 3,044,318 | $560.8M | Reduce -19.6% |
| UBER Uber Technologies Inc. | 0.23% | 6,758,880 | $552.3M | Add +1.9% |
| PG The Procter & Gamble Co. | 0.23% | 3,849,390 | $551.7M | Add +15.5% |
| IEF iShares 7-10 Year Treasury B | 0.22% | 5,673,377 | $545.6M | Reduce -43.8% |
| UNH Unitedhealth Group Inc. | 0.22% | 1,649,295 | $544.4M | Reduce -23.5% |
| PH Parker Hannifin Corp. | 0.21% | 588,879 | $517.6M | Add +2.2% |
| NEE Nextera Energy Inc. | 0.21% | 6,281,491 | $504.3M | Add +19.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 3,186,830 | $489.5M | Reduce -1.4% |
| CCJ Cameco Corp. | 0.20% | 5,236,640 | $479.5M | Add +1.5% |
| IEMG iShares Core MSCI Emerging | 0.19% | 6,965,701 | $468.2M | Add +4.8% |
| GD General Dynamics Corp. | 0.19% | 1,386,863 | $466.9M | Add +3.7% |
| WFC Wells Fargo & Co. | 0.19% | 4,903,461 | $457.0M | Add +2.1% |
| MCD McDonald's Corp. | 0.19% | 1,487,485 | $454.6M | Add +19.5% |
| SSNC Ss&c Technologies Holdings | 0.18% | 5,126,190 | $448.1M | Add +4424.6% |
| KO The Coca-Cola Co. | 0.18% | 6,403,766 | $447.7M | Add +4.5% |
| IJH iShares Core S&P Midcap ETF | 0.18% | 6,595,206 | $435.3M | Add +0.4% |
| CAT Caterpillar Inc. | 0.18% | 757,187 | $433.8M | Add +14.7% |
| GILD Gilead Sciences Inc. | 0.18% | 3,468,794 | $425.8M | Add +12.5% |
| STN Stantec Inc. | 0.17% | 4,464,733 | $421.3M | Add +25.2% |
| CVX Chevron Corp. | 0.17% | 2,756,244 | $420.1M | Add +8.4% |
| EFA iShares MSCI Eafe ETF | 0.17% | 4,370,977 | $419.7M | Add +2.5% |
| CVE Cenovus Energy Inc. | 0.17% | 23,827,472 | $403.1M | Add +28.9% |
| LIN Linde PLC | 0.16% | 935,419 | $398.9M | Reduce -2.2% |
| GE General Electric filed as GE AEROSPACE | 0.16% | 1,293,884 | $398.6M | Add +0.8% |
| MDT Medtronic PLC | 0.16% | 4,102,341 | $394.1M | Add +98.8% |
Options reported separately and not counted above: XLF calls ($7.0B), XLI calls ($6.6B), SPY puts ($3.3B), NVDA puts ($2.5B), META puts ($2.4B), SPY calls ($1.1B), NVDA calls ($1.1B), IWM puts ($847.1M), IWM calls ($819.8M), AAPL calls ($780.5M), ORCL puts ($676.7M), TSLA puts ($594.9M), and 388 more.
Other holdings (115): bonds, preferreds, convertibles and warrants · $2.2B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 29,292,000 | $156.1M | Reduce -18.2% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 45,048,000 | $152.9M | Add +200.3% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 29,000,000 | $133.1M | Reduce -65.5% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 120,500,000 | $124.1M | Add +190.4% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 1,275,000 | $96.3M | No change |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 1,584,000 | $86.9M | New |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 50,000,000 | $78.3M | Add +127.3% |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 66,500,000 | $77.8M | Add +375.0% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 1,095,620 | $75.7M | Add +124.9% |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 13,626,000 | $62.8M | Add +220.6% |
| CENTRUS ENERGY CORP (LEU 2.25 11/01/30) | NOTE 2.250%11/0 · principal | 20,000,000 | $59.5M | New |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 1,200,000 | $58.5M | No change |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | 13,134,000 | $55.6M | Reduce -15.3% |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 40,000,000 | $51.2M | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 38,179,000 | $45.5M | Add +34.3% |
| PAGAYA TECHNOLOGIES LTD (PGY 6.125 10/01/29) | NOTE 6.125%10/0 · principal | 21,943,000 | $45.3M | New |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 50,000,000 | $44.6M | New |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | 42,039,000 | $42.9M | No change |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | 36,203,000 | $40.5M | New |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 32,000,000 | $31.6M | No change |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 27,500,000 | $31.3M | Add +22.2% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 24,000,000 | $31.3M | Add +45.5% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 29,000,000 | $29.9M | No change |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 26,000,000 | $28.5M | No change |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 21,500,000 | $25.8M | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 6,901,000 | $25.6M | New |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 22,500,000 | $25.3M | Add +2982.2% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 22,033,000 | $25.2M | Add +18.9% |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 15,264,000 | $23.0M | Reduce -68.8% |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 15,000,000 | $22.5M | Reduce -26.8% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 21,500,000 | $22.3M | Reduce -14.0% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 23,500,000 | $21.5M | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 16,150,000 | $20.4M | No change |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 13,000,000 | $19.6M | No change |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 15,000,000 | $17.4M | No change |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 15,300,000 | $16.6M | No change |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | 13,500,000 | $15.7M | New |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 15,000,000 | $14.8M | No change |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 10,000,000 | $14.5M | No change |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 10,000,000 | $14.4M | New |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 9,500,000 | $14.1M | No change |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 13,799,000 | $12.7M | No change |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 12,500,000 | $11.9M | No change |
| SOLARIS ENERGY INFRASTRU (SEI 4.75 05/01/30) | NOTE 4.750% 5/0 · principal | 5,975,000 | $11.8M | New |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | 10,450,000 | $11.7M | New |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 11,750,000 | $11.6M | No change |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 12,500,000 | $11.3M | New |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 10,435,000 | $11.1M | Add +4.3% |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 10,000,000 | $10.3M | No change |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 10,000,000 | $9.7M | No change |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 11,000,000 | $9.6M | No change |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 9,500,000 | $9.3M | No change |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 6,500,000 | $9.3M | Reduce -16.3% |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 9,000,000 | $8.9M | Reduce -18.0% |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 8,187,000 | $8.3M | Add +1.1% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 6,000,000 | $8.0M | No change |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | 9,500,000 | $7.8M | New |
| PENGUIN SOLUTIONS CAYMEN (PENG 2 08/15/30) | NOTE 2.000% 8/1 · principal | 10,000,000 | $7.7M | No change |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | 2,691,000 | $7.7M | Add +0.6% |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | 6,053,000 | $7.3M | New |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 2,480,000 | $6.3M | No change |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 6,058,000 | $6.1M | Reduce -17.0% |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 5,500,000 | $5.5M | No change |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 5,605,000 | $5.2M | Add +1.8% |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 2,000,000 | $5.2M | No change |
| SILVERCORP METALS INC | NOTE 4.750%12/1 · principal | 2,500,000 | $5.1M | New |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 5,000,000 | $4.8M | No change |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 4,500,000 | $4.6M | Reduce -28.6% |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 4,720,000 | $4.5M | No change |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 2,000,000 | $4.3M | No change |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | 2,500,000 | $4.2M | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 4,200,000 | $4.0M | Add +194.9% |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | 2,015,000 | $3.4M | Add +21.0% |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 3,000,000 | $3.0M | Reduce -0.2% |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 3,000,000 | $2.9M | No change |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | 2,677,000 | $2.5M | Reduce -45.1% |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 50,000 | $2.1M | No change |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 1,264,000 | $2.0M | No change |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,500,000 | $1.5M | No change |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 601,000 | $1.4M | New |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 887,000 | $1.0M | Reduce -37.7% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 500,000 | $609K | Reduce -97.2% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 463 | $580K | Add +7.4% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 288,000 | $472K | Reduce -92.1% |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 27,732 | $336K | Add +611.1% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 4,160 | $277K | Add +4.3% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 4,430 | $258K | Add +3307.7% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 205 | $249K | Add +21.3% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 200,000 | $237K | No change |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 63,805 | $192K | Reduce -53.4% |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 168,000 | $165K | No change |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 160,000 | $143K | New |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 100,000 | $98K | No change |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 95,000 | $90K | New |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 75,000 | $72K | New |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 36,000 | $35K | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 1,333 | $26K | Reduce -34.0% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 25,000 | $25K | New |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | 33,257 | $24K | No change |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 400 | $21K | No change |
| DYNCW Dynamix Corp. - 29 | *W EXP 10/25/202 | 11,650 | $19K | New |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 119 | $12K | Add +65.3% |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 204 | $8K | No change |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 7,000 | $8K | No change |
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | 1,100 | $8K | No change |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 3,000 | $8K | No change |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 6,000 | $6K | New |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 3,000 | $5K | No change |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 4,877 | $4K | Reduce -29.6% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 3,000 | $3K | No change |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 4,877 | $3K | New |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 4,877 | $2K | New |
| NE.WS Noble Corp. PLC-28 | *W EXP 02/04/202 | 50 | $916 | No change |
| NOBLE CORP PLC-28 | *W EXP 02/04/202 | 50 | $417 | No change |
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | 10 | $145 | New |
Total filed on the 13F, all lines: $244.8B.
Portfolio Sells Q3 2025 → Q4 2025
| ANET Arista Networks Inc. | Reduce -19.4% | 0.08% | −1.92 |
| ZTS Zoetis Inc. | Reduce -18.9% | 0.03% | −0.77 |
| NVDA Nvidia Corp. | Reduce -8.6% | 4.17% | −0.56 |
| IVV iShares Core S&P 500 ETF | Reduce -36.7% | 0.78% | −0.47 |
| MSFT Microsoft Corp. | Reduce -0.8% | 2.83% | −0.34 |
| TLT iShares 20+ Year Treasury BD | Reduce -40.4% | 0.39% | −0.30 |
| NOW ServiceNow Inc. | Reduce -36.7% | 0.29% | −0.28 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.24 |
| TU Telus Corp. | Reduce -24.2% | 0.34% | −0.21 |
| BABA Alibaba Group Holding-SP ADR | Reduce -63.6% | 0.08% | −0.19 |
| IEF iShares 7-10 Year Treasury B | Reduce -43.8% | 0.22% | −0.19 |
| BN Brookfield Corp. | Reduce -9.8% | 1.12% | −0.16 |
| ENB Enbridge Inc. | Reduce -4.3% | 1.09% | −0.16 |
| IWM iShares Russell 2000 ETF | Reduce -25.2% | 0.38% | −0.14 |
| CNQ Canadian Natural Resources | Reduce -13.4% | 0.97% | −0.13 |
| UBS UBS Group AG-Reg | Reduce -76.5% | 0.04% | −0.12 |
| V Visa Inc. Class A | Reduce -14.0% | 0.64% | −0.11 |
| COST Costco Wholesale Corp. | Reduce -4.8% | 0.64% | −0.11 |
| COIN Coinbase Global Inc. Class A | Reduce -34.8% | 0.08% | −0.10 |
| PANW Palo Alto Networks Inc. | Reduce -19.6% | 0.23% | −0.10 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -23.5% | 0.22% | −0.09 |
| FNV Franco-Nevada Corp. | Reduce -5.9% | 0.45% | −0.08 |
| MSTR Strategy Inc. | Reduce -16.3% | 0.10% | −0.08 |
| BMO Bank of Montreal | Reduce -1.2% | 1.51% | −0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -7.6% | 0.44% | −0.08 |
| TRI Thomson Reuters Corp. | Reduce -0.2% | 0.33% | −0.07 |
| AEM Agnico Eagle Mines Ltd. | Reduce -7.2% | 0.67% | −0.07 |
| KLAC KLA Corp. | Reduce -45.6% | 0.10% | −0.07 |
| CP Canadian Pacific Kansas City | Reduce -4.7% | 0.63% | −0.06 |
| SE Sea Ltd.-ADR | Reduce -75.4% | 0.01% | −0.06 |
| SHOP Shopify Inc. Class A | Reduce -11.2% | 0.80% | −0.06 |
| MSI Motorola Solutions Inc. | Reduce -29.4% | 0.08% | −0.06 |
| DASH DoorDash Inc. Class A | Reduce -54.0% | 0.03% | −0.06 |
| AMZN Amazon.com Inc. | Reduce -4.0% | 2.08% | −0.06 |
| WFG West Fraser Timber Co. Ltd. | Reduce -6.9% | 0.02% | −0.05 |
| AVGO Broadcom Inc. | Reduce -4.4% | 1.60% | −0.05 |
| INFY Infosys Ltd.-SP ADR | Reduce -99.4% | 0.00% | −0.05 |
| DIS The Walt Disney Co. | Reduce -27.3% | 0.12% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -4.9% | 0.77% | −0.05 |
| TER Teradyne Inc. | Reduce -87.5% | 0.01% | −0.05 |
| AAPL Apple Inc. | Reduce -4.4% | 3.16% | −0.05 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -8.3% | 0.46% | −0.05 |
| WCN Waste Connections Inc. | Reduce -2.8% | 0.62% | −0.04 |
| NTES Netease Inc.-ADR | Reduce -97.4% | 0.00% | −0.04 |
| IGM iShares Expanded Tech Sector | Reduce -36.8% | 0.07% | −0.04 |
| AIQ Global X Art Intel & Tech | Sold out | 0.00% | −0.04 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.04 |
| NGG National Grid PLC-SP ADR | Reduce -72.5% | 0.01% | −0.04 |
| CEG Constellation Energy | Reduce -39.2% | 0.06% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| META Meta Platforms Inc. Class A | Add +64.7% | 2.25% | +0.68 |
| GOOG Alphabet Inc. Class C | Add +2.2% | 1.45% | +0.31 |
| CM Can Imperial BK of Commerce | Add +10.4% | 1.58% | +0.27 |
| BNS Bank of Nova Scotia | Add +7.5% | 1.76% | +0.27 |
| GDX Vaneck Gold Miners ETF | Add +36.1% | 0.69% | +0.22 |
| LLY Eli Lilly & Co. | Add +3.8% | 0.72% | +0.21 |
| TRP TC Energy Corp. | Add +25.6% | 1.12% | +0.21 |
| B Barrick Mining Corp. | Add +34.1% | 0.44% | +0.18 |
| SSNC Ss&c Technologies Holdings | Add +4424.6% | 0.18% | +0.18 |
| PLTR Palantir Technologies Inc. Class A | Add +38.1% | 0.65% | +0.15 |
| PRI Primerica Inc. | Add +5277.5% | 0.14% | +0.14 |
| MU Micron Technology Inc. | Add +5.6% | 0.31% | +0.13 |
| GMED Globus Medical Inc. Class A | Add +15317.1% | 0.12% | +0.12 |
| JNJ Johnson & Johnson | Add +27.2% | 0.44% | +0.12 |
| ZZPWF Zooz Power Ltd. | New | 0.12% | +0.12 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +7.5% | 1.99% | +0.12 |
| EME Emcor Group Inc. | Add +425.8% | 0.14% | +0.11 |
| WTW Willis Towers Watson PLC | Add +657.3% | 0.13% | +0.11 |
| AWI Armstrong World Industries | Add +18679.7% | 0.10% | +0.10 |
| QSR Restaurant Brands Intern | Add +25.5% | 0.43% | +0.10 |
| OPLN Openlane Inc. | Add +90609.3% | 0.09% | +0.09 |
| USFD US Foods Holding Corp. | Add +8056.1% | 0.09% | +0.09 |
| ROST Ross Stores Inc. | Add +357.4% | 0.11% | +0.09 |
| BGSI Boyd Group Services Inc. | New | 0.09% | +0.09 |
| SU Suncor Energy Inc. | Add +12.2% | 0.67% | +0.09 |
| ALSN Allison Transmission Holding | Add +4032.3% | 0.09% | +0.09 |
| COR Cencora Inc. | Add +227.5% | 0.12% | +0.08 |
| HLI Houlihan Lokey Inc. | Add +2723.2% | 0.09% | +0.08 |
| RCI Rogers Communications Inc. Class B | Add +18.8% | 0.39% | +0.08 |
| WH Wyndham Hotels & Resorts Inc. | Add +14200.0% | 0.08% | +0.08 |
| MDT Medtronic PLC | Add +98.8% | 0.16% | +0.08 |
| GNTX Gentex Corp. | Add +14398.7% | 0.07% | +0.07 |
| GDXJ Vaneck Junior Gold Miners | Add +30.2% | 0.24% | +0.07 |
| MKTX Marketaxess Holdings Inc. | Add +5086.4% | 0.07% | +0.07 |
| FDS Factset Research Systems Inc. | Add +1843.9% | 0.07% | +0.07 |
| NYT New York Times Co. Class A | Add +10018.3% | 0.07% | +0.07 |
| HSIC Henry Schein Inc. | Add +3655.7% | 0.07% | +0.07 |
| ICE Intercontinental Exchange Inc. | Add +108.0% | 0.13% | +0.06 |
| ORCL Oracle Corp. | Add +65.2% | 0.66% | +0.06 |
| WMT Walmart Inc. | Add +7.8% | 0.56% | +0.06 |
| WAB Wabtec Corp. | Add +360.0% | 0.08% | +0.06 |
| DEO Diageo PLC-Sponsored ADR | Add +428.7% | 0.08% | +0.06 |
| MA Mastercard Inc. Class A | Add +17.8% | 0.49% | +0.06 |
| AMH American Homes 4 Rent- A | Add +3526.2% | 0.06% | +0.06 |
| NWSA News Corp. Class A | Add +2348.9% | 0.06% | +0.06 |
| STX Seagate Technology Holdings | Add +148.4% | 0.09% | +0.06 |
| KVUE Kenvue Inc. | Add +603.8% | 0.07% | +0.06 |
| DLTR Dollar Tree Inc. | Add +503.5% | 0.07% | +0.06 |
| PAG Penske Automotive Group Inc. | Add +39232.7% | 0.06% | +0.06 |
| EA Electronic Arts Inc. | Add +139.2% | 0.10% | +0.06 |
Options Activity Q3 2025 → Q4 2025
| XLF SS Financial Select Sector | call | Add +1733.3% | 126,923,000 | $7.0B |
| XLI SS Industrial Select Sector | call | New | 42,705,000 | $6.6B |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -39.6% | 4,800,800 | $3.3B |
| NVDA Nvidia Corp. | put | Add +85.4% | 13,592,200 | $2.5B |
| META Meta Platforms Inc. Class A | put | Add +10328.8% | 3,587,500 | $2.4B |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +16.5% | 1,591,400 | $1.1B |
| NVDA Nvidia Corp. | call | Add +362.4% | 5,788,600 | $1.1B |
| IWM iShares Russell 2000 ETF | put | Reduce -48.8% | 3,441,400 | $847.1M |
| IWM iShares Russell 2000 ETF | call | Add +528.4% | 3,330,400 | $819.8M |
| AAPL Apple Inc. | call | Add +33674.1% | 2,870,800 | $780.5M |
| ORCL Oracle Corp. | put | Add +192794.4% | 3,472,100 | $676.7M |
| TSLA Tesla Inc. | put | Add +40.2% | 1,322,900 | $594.9M |
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 840,900 | $504.9Mbefore exit |
| PLTR Palantir Technologies Inc. Class A | put | Add +26.0% | 2,808,000 | $499.1M |
| KWEB Kranesh Csi China Internet | call | New | 13,201,100 | $449.5M |
| FXI iShares China Large-Cap ETF | call | Add +0.0% | 10,704,800 | $409.9M |
| AMD Advanced Micro Devices | put | Add +46.0% | 1,856,500 | $397.6M |
| PLTR Palantir Technologies Inc. Class A | call | New | 1,974,000 | $350.9M |
| TLT iShares 20+ Year Treasury BD | put | Add +177.2% | 3,150,400 | $274.6M |
| MU Micron Technology Inc. | put | New | 818,200 | $233.5M |
| MSTR Strategy Inc. | put | Add +19.0% | 1,068,000 | $232.8M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +63.5% | 2,565,600 | $206.9M |
| AMZN Amazon.com Inc. | call | Add +1273.8% | 827,000 | $190.9M |
| SOFI Sofi Technologies Inc. | put | Add +43.0% | 7,269,800 | $190.3M |
| RY Royal Bank of Canada | call | Add +110.9% | 1,096,900 | $187.0M |
| RY Royal Bank of Canada | put | Add +22.9% | 1,075,000 | $183.3M |
| AMD Advanced Micro Devices | call | Add +343.2% | 852,300 | $182.5M |
| AMZN Amazon.com Inc. | put | Reduce -34.3% | 744,000 | $171.7M |
| GOOG Alphabet Inc. Class C | put | Add +257.7% | 518,700 | $162.8M |
| GDX Vaneck Gold Miners ETF | put | Add +567.6% | 1,847,900 | $158.5M |
| COST Costco Wholesale Corp. | put | Reduce -5.2% | 177,100 | $152.7M |
| TSLA Tesla Inc. | call | Add +0.7% | 299,700 | $134.8M |
| KRE SS SPDR S&P Regional Bank | call | Add +473.7% | 2,076,800 | $134.6M |
| GOOGL Alphabet Inc. Class A | put | Add +2035.0% | 427,000 | $133.7M |
| KBE SS SPDR S&P Bank ETF | put | New | 2,001,300 | $121.5M |
| QQQ Invesco QQQ Trust Series 1 | call | Sold out | 198,200 | $119.0Mbefore exit |
| IEF iShares 7-10 Year Treasury B | put | Add +454.6% | 1,220,000 | $117.3M |
| SNOW Snowflake Inc. | put | Add +9088.9% | 496,200 | $108.8M |
| JPM JPMorgan Chase & Co. | put | Add +8.7% | 331,500 | $106.8M |
| DIS The Walt Disney Co. | put | Sold out | 932,000 | $106.7Mbefore exit |
| EWZ iShares MSCI Brazil ETF | put | New | 3,219,000 | $102.3M |
| EWZ iShares MSCI Brazil ETF | call | New | 3,219,000 | $102.3M |
| TD Toronto-Dominion Bank | call | Add +35.9% | 1,062,800 | $100.2M |
| EFA iShares MSCI Eafe ETF | put | Add +17.7% | 988,500 | $94.9M |
| BE Bloom Energy Corp. Class A | put | Add +223.2% | 1,001,900 | $87.1M |
| CLS Celestica Inc. | call | New | 280,000 | $82.8M |
| MRVL Marvell Technology Inc. | put | Add +9.7% | 950,700 | $80.8M |
| NEE Nextera Energy Inc. | put | Add +484900.0% | 970,000 | $77.9M |
| MSFT Microsoft Corp. | put | Reduce -18.8% | 158,300 | $76.6M |
| RCI Rogers Communications Inc. Class B | call | Reduce -5.6% | 2,001,000 | $75.5M |
Showing the first 50 of 483.
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 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Reduce -18.2% | 29,292,000 | $156.1M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Add +200.3% | 45,048,000 | $152.9M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Reduce -65.5% | 29,000,000 | $133.1M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Add +190.4% | 120,500,000 | $124.1M |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | Sold out | 1,207,700 | $122.1Mbefore exit |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | New | 1,584,000 | $86.9M |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | Add +127.3% | 50,000,000 | $78.3M |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | Add +375.0% | 66,500,000 | $77.8M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +124.9% | 1,095,620 | $75.7M |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | Add +220.6% | 13,626,000 | $62.8M |
| CENTRUS ENERGY CORP (LEU 2.25 11/01/30) | NOTE 2.250%11/0 · principal | New | 20,000,000 | $59.5M |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | Reduce -15.3% | 13,134,000 | $55.6M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Add +34.3% | 38,179,000 | $45.5M |
| PAGAYA TECHNOLOGIES LTD (PGY 6.125 10/01/29) | NOTE 6.125%10/0 · principal | New | 21,943,000 | $45.3M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | New | 50,000,000 | $44.6M |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | New | 36,203,000 | $40.5M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +22.2% | 27,500,000 | $31.3M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +45.5% | 24,000,000 | $31.3M |
| GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | Sold out | 20,000,000 | $30.6Mbefore exit |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | New | 6,901,000 | $25.6M |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Add +2982.2% | 22,500,000 | $25.3M |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Add +18.9% | 22,033,000 | $25.2M |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | Reduce -68.8% | 15,264,000 | $23.0M |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | Reduce -26.8% | 15,000,000 | $22.5M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Reduce -14.0% | 21,500,000 | $22.3M |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | Sold out | 18,000,000 | $16.2Mbefore exit |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | New | 13,500,000 | $15.7M |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | Sold out | 14,589,000 | $15.2Mbefore exit |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | New | 10,000,000 | $14.4M |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Sold out | 12,684,000 | $12.6Mbefore exit |
| SOLARIS ENERGY INFRASTRU (SEI 4.75 05/01/30) | NOTE 4.750% 5/0 · principal | New | 5,975,000 | $11.8M |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | New | 10,450,000 | $11.7M |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | New | 12,500,000 | $11.3M |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | Add +4.3% | 10,435,000 | $11.1M |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | Sold out | 8,500,000 | $9.6Mbefore exit |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Reduce -16.3% | 6,500,000 | $9.3M |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | Reduce -18.0% | 9,000,000 | $8.9M |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | Add +1.1% | 8,187,000 | $8.3M |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | New | 9,500,000 | $7.8M |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | Add +0.6% | 2,691,000 | $7.7M |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | Sold out | 7,000,000 | $7.4Mbefore exit |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | New | 6,053,000 | $7.3M |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | Reduce -17.0% | 6,058,000 | $6.1M |
| IMAX CORP (IMAX 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | Sold out | 4,500,000 | $5.3Mbefore exit |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | Add +1.8% | 5,605,000 | $5.2M |
| SILVERCORP METALS INC | NOTE 4.750%12/1 · principal | New | 2,500,000 | $5.1M |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | Reduce -28.6% | 4,500,000 | $4.6M |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | Add +194.9% | 4,200,000 | $4.0M |
| PROS HOLDINGS INC (PRO 2.5 07/01/30) | DEBT 2.500% 7/0 · principal | Sold out | 3,300,000 | $3.5Mbefore exit |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | Add +21.0% | 2,015,000 | $3.4M |
Showing the first 50 of 79.
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 |