Barings LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 7, 2026), Barings LLC reported 184 stock positions worth $5.4 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 24.3% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 11.8%) and iShares Russell 2000 Growth (IWO, 11.6%). Compared with Q1 2026, it opened 30 new positions, sold out of 19, added to 53 and reduced 63. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +4%) and the biggest sale Ishr Ibx Usd Invgd CB ETF-Ui (LQD, shares −68%).

Most Recent 13F
Q2 2026
Location
CHARLOTTE, NC
CIK
0000009015
Portfolio Value
$5.4B (Q2 2026)
SEC Filing
0000009015-26-000018 ↗ filed Aug 7, 2026

Holdings Value

0$2.0B$4.0B$6.0B$8.0B Q1 2024: $3.9B Q1 2024 Q2 2024: $4.1B Q2 2024 Q3 2024: $4.2B Q3 2024 Q4 2024: $4.2B Q4 2024 Q1 2025: $3.9B Q1 2025 Q2 2025: $4.2B Q2 2025 Q3 2025: $5.1B Q3 2025 Q4 2025: $5.2B Q4 2025 Q1 2026: $6.0B Q1 2026 Q2 2026: $5.4B $5.4B Q2 2026

Holdings 184 stocks · $5.4B
IVV iShares Core S&P 500 ETF 24.32% 1,744,190 $1.3B Add +4.2%
QQQ Invesco QQQ Trust Series 1 11.84% 863,468 $635.9M Reduce -4.1%
IWO iShares Russell 2000 Growth 11.59% 1,579,950 $622.4M Reduce -1.8%
VCSH Vanguard S/T Corp. Bond ETF 7.52% 5,108,527 $403.7M No change
IGSB iShares 1-5Y Inv Grade Corp. 6.67% 6,840,027 $358.5M No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 5.52% 2,720,211 $296.7M Reduce -68.4%
JAAA Janus Henderson Aaa Clo ETF 4.61% 4,909,176 $247.9M Reduce -62.0%
BBDC Barings BDC Inc. 2.16% 13,639,681 $116.2M No change
VT Vanguard Tot World STK ETF 2.14% 732,779 $115.0M Reduce -15.4%
DYNF Ishrs US E F R A ETF-Usd Inc. 0.97% 765,431 $52.1M Add +58.6%
URTH iShares MSCI World ETF 0.95% 251,883 $51.0M Reduce -5.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.88% 63,642 $47.5M Reduce -18.4%
PDD PDD Holdings Inc. 0.83% 587,937 $44.8M Reduce -9.4%
FLOT iShares Floating Rate Bond E 0.74% 780,000 $39.8M No change
ARX Accelerant Holdings Class A 0.70% 3,128,867 $37.6M No change
AU Anglogold Ashanti PLC 0.69% 456,162 $36.9M Add +6.5%
VGT Vanguard Info Tech ETF 0.63% 284,064 $34.0M Add +18.4%
USHY iShares Broad Usd High Yield 0.61% 886,891 $32.8M Reduce -28.3%
TTE Totalenergies SE 0.60% 418,276 $32.5M Reduce -30.9%
WPM Wheaton Precious Metals Corp. 0.52% 248,925 $28.0M Reduce -8.1%
IEF iShares 7-10 Year Treasury B 0.50% 281,884 $26.7M Reduce -2.2%
EWJ iShares MSCI Japan ETF 0.49% 281,415 $26.2M Reduce -16.2%
AAAP Pcer Brings Clo MKT FLX 0.47% 1,000,000 $25.2M New
PBSC PCR Brings Scud CRDT Flex 0.47% 1,000,000 $25.1M New
EEM iShares MSCI Emerging Market 0.46% 364,200 $24.9M Reduce -39.7%
VOO Vanguard S&P 500 ETF 0.45% 35,299 $24.2M No change
AZN Astrazeneca PLC 0.44% 126,110 $23.6M Reduce -11.8%
SE Sea Ltd.-ADR 0.44% 244,505 $23.4M Reduce -0.3%
CRH CRH PLC 0.41% 203,461 $21.8M Add +0.2%
SU Suncor Energy Inc. 0.37% 374,061 $20.1M Add +29.5%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.37% 1,491,372 $19.9M Add +41.1%
ITUB Itau Unibanco H-Spon PRF ADR 0.31% 2,043,934 $16.7M Add +129.2%
CVX Chevron Corp. 0.30% 98,129 $16.3M Reduce -2.3%
HDB HDFC Bank Ltd.-ADR 0.29% 607,057 $15.7M Reduce -1.5%
AON Aon PLC Class A 0.29% 46,248 $15.3M No change
EMBD Global X Emerging Markets BD 0.27% 596,200 $14.3M Reduce -1.9%
NTR Nutrien Ltd. 0.26% 224,956 $14.2M Add +4.0%
QGEN Qiagen N.V. 0.26% 356,002 $13.8M Add +8.0%
XOM Exxon Mobil Corp. 0.26% 100,721 $13.8M Reduce -1.7%
ONC Beone Medicines Ltd.-ADR 0.23% 42,815 $12.2M No change
QQQM Invesco Nasdaq 100 ETF 0.22% 39,184 $11.9M No change
COP Conocophillips 0.22% 113,783 $11.8M Reduce -1.4%
IWM iShares Russell 2000 ETF 0.19% 34,127 $10.3M No change
DAR Darling Ingredients Inc. 0.19% 182,050 $9.9M Reduce -4.1%
EOG EOG Resources Inc. 0.18% 75,916 $9.8M No change
WMB Williams Cos Inc. 0.18% 128,927 $9.6M Add +24.1%
NEM Newmont Corp. 0.17% 97,945 $9.1M Reduce -3.4%
RACE Ferrari NV 0.17% 24,161 $9.0M Add +9.8%
FMX Fomento Economico Mex-SP ADR 0.16% 69,146 $8.8M Reduce -23.7%
VLO Valero Energy Corp. 0.16% 33,649 $8.8M Add +23.7%
DVN Devon Energy Corp. 0.16% 208,091 $8.6M New
AXIAY Axia Energia-ADR 0.15% 782,040 $8.3M Add +8.1%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.14% 88,751 $7.7M No change
NVDA Nvidia Corp. 0.14% 38,262 $7.7M Add +11.5%
CTGO Contango Silver & Gold Inc. 0.14% 476,190 $7.5M No change
FCX Freeport-McMoran Inc. 0.14% 118,626 $7.5M Reduce -17.1%
FN Fabrinet 0.14% 13,199 $7.4M Reduce -22.5%
VALE Vale SA-SP ADR 0.13% 477,943 $7.2M Reduce -19.7%
PSX Phillips 66 0.13% 41,977 $7.1M New
EOSE Eos Energy Enterprises Inc. 0.13% 1,204,430 $7.1M No change
PBR.A Petroleo Brasil-SP Pref ADR 0.13% 478,910 $7.0M Add +29.9%
HTHT H World Group Ltd.-ADR 0.13% 165,532 $6.9M Reduce -0.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.13% 31,595 $6.9M Reduce -65.7%
BAP Credicorp Ltd. 0.13% 17,585 $6.9M Reduce -37.8%
CPT Camden Property Trust 0.12% 57,104 $6.5M No change
DE Deere & Co. 0.12% 10,068 $6.4M Add +29.7%
FANG Diamondback Energy Inc. 0.12% 36,210 $6.4M Reduce -5.0%
CIB Grupo Cibest SA-ADR 0.11% 74,034 $5.9M Reduce -9.2%
CCJ Cameco Corp. 0.11% 57,330 $5.8M Add +28.7%
AEM Agnico Eagle Mines Ltd. 0.11% 37,113 $5.8M Reduce -18.1%
CTVA Corteva Inc. 0.11% 67,121 $5.7M Add +2.7%
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 0.10% 75,177 $5.6M Reduce -13.8%
TECK Teck Resources Ltd.-CLS B 0.10% 92,626 $5.5M Reduce -9.2%
B Barrick Mining Corp. 0.10% 147,091 $5.4M Reduce -4.4%
GDX Vaneck Gold Miners ETF 0.10% 71,078 $5.4M Reduce -1.9%
AAPL Apple Inc. 0.10% 17,793 $5.1M Add +43.1%
AMZN Amazon.com Inc. 0.10% 21,520 $5.1M Add +24.1%
LIN Linde PLC 0.09% 9,684 $5.0M Add +0.8%
MPV Barings Participation Invest 0.09% 289,151 $4.9M Add +1.1%
MSFT Microsoft Corp. 0.08% 12,119 $4.5M Add +1.0%
BG Bunge Global SA 0.08% 42,250 $4.5M Add +1.1%
ADM Archer-Daniels-Midland Co. 0.08% 56,175 $4.3M Add +2.7%
GOOGL Alphabet Inc. Class A 0.08% 11,885 $4.2M Reduce -3.3%
IGF iShares Global Infrastructur 0.08% 62,966 $4.2M Reduce -16.9%
ICSH iShares Ultra Short Duration 0.07% 78,600 $4.0M No change
CF CF Industries Holdings Inc. 0.07% 36,537 $4.0M Reduce -41.6%
SLB SLB Ltd. filed as SLB LIMITED 0.07% 83,065 $3.9M New
MCI Barings Corporate Investors 0.07% 219,664 $3.9M No change
ACWI iShares MSCI Acwi ETF 0.07% 24,240 $3.8M Reduce -29.5%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.07% 52,076 $3.5M No change
SCCO Southern Copper Corp. 0.06% 19,856 $3.5M Reduce -43.3%
WY Weyerhaeuser Co. 0.06% 143,864 $3.4M Reduce -7.2%
DOW Dow Inc. filed as DOW HLDGS INC 0.06% 121,612 $3.3M Reduce -28.2%
EZU iShares MSCI Eurozone ETF 0.06% 45,824 $3.2M Reduce -53.9%
EQT Eqt Corp. 0.06% 59,017 $3.1M Add +0.8%
AGCO Agco Corp. 0.06% 25,301 $3.0M Add +2.6%
VCLT Vanguard Long-Term Corp. Bond 0.06% 39,437 $3.0M Reduce -57.8%
MU Micron Technology Inc. 0.06% 2,565 $3.0M Reduce -15.0%
FPE FT-Preferred Secur & Inc. ETF 0.06% 165,116 $3.0M No change
BOBS Bob's Discount Furniture 0.05% 180,000 $2.8M New
CX Cemex Sab-Spons ADR Part Cer 0.05% 232,302 $2.8M New
BLFS Biolife Solutions Inc. 0.05% 91,316 $2.6M No change
V Visa Inc. Class A 0.04% 6,995 $2.4M Add +1.2%
XLK SS Technology Select Sector 0.04% 12,444 $2.4M Add +31.2%
EPAM Epam Systems Inc. 0.04% 26,486 $2.1M No change
ANDE The Andersons Inc. 0.04% 30,680 $2.1M Add +17.6%
AXICY Axia Energia-ADR Pref C 0.04% 190,242 $2.0M No change
META Meta Platforms Inc. Class A 0.04% 3,537 $2.0M Reduce -19.2%
MAA Mid-America Apartment Comm 0.04% 14,312 $2.0M No change
TCPC BlackRock TCP Capital Corp. 0.04% 591,808 $2.0M Add +4.8%
ABEV Ambev SA-ADR 0.04% 621,824 $2.0M No change
GLD SPDR Gold Shares 0.04% 5,273 $1.9M No change
AVGO Broadcom Inc. 0.04% 5,036 $1.9M Add +80.4%
EWH iShares MSCI Hong Kong ETF 0.03% 88,853 $1.9M Reduce -17.9%
MOS The Mosaic Co. 0.03% 87,508 $1.9M Add +2.6%
CNH CNH Industrial NV 0.03% 156,919 $1.8M Add +2.6%
JPM JPMorgan Chase & Co. 0.03% 5,276 $1.7M Add +7.9%
KR Kroger Co. 0.03% 28,691 $1.6M Add +16.6%
GE General Electric filed as GE AEROSPACE 0.03% 4,025 $1.5M Add +52.4%
VSGX Vanguard ESG Intl Stock ETF 0.03% 17,809 $1.5M No change
KLAC KLA Corp. 0.03% 4,630 $1.4M New
LLY Eli Lilly & Co. 0.03% 1,162 $1.4M No change
JXI iShares Global Utilities ETF 0.02% 15,422 $1.3M Reduce -85.0%
MELI MercadoLibre Inc. 0.02% 762 $1.3M New
TSN Tyson Foods Inc. Class A 0.02% 22,514 $1.3M Reduce -2.2%
AVB Avalonbay Communities Inc. 0.02% 6,454 $1.2M No change
HNRG Hallador Energy Co. 0.02% 69,239 $1.2M No change
TBBB BBB Foods Inc. Class A 0.02% 28,476 $1.2M New
VEA Vanguard Ftse Developed ETF 0.02% 16,483 $1.2M No change
LEMB iShares JP Morgan Em Local C 0.02% 25,700 $1.1M No change
URI United Rentals Inc. 0.02% 962 $1.1M Reduce -19.6%
TSCO Tractor Supply Company 0.02% 34,049 $1.1M Reduce -35.0%
BABA Alibaba Group Holding-SP ADR 0.02% 10,899 $1.0M Add +6.9%
INGR Ingredion Inc. 0.02% 10,709 $1.0M Add +1.1%
IEUR iShares Core MSCI Europe ETF 0.02% 11,982 $901K Reduce -31.6%
GOOG Alphabet Inc. Class C 0.02% 2,547 $900K Reduce -13.0%
ESS Essex Property Trust Inc. 0.02% 3,019 $880K No change
IBND SS SPDR BB Intl Corp. BD ETF 0.02% 27,966 $872K Reduce -64.5%
BBD Banco Bradesco-ADR 0.01% 226,608 $786K No change
PAVE Global X US Infrastructure 0.01% 12,744 $751K No change
IEV iShares Europe ETF 0.01% 9,654 $703K Reduce -97.9%
AMD Advanced Micro Devices 0.01% 1,119 $650K Add +9.8%
VGK Vanguard Ftse Europe ETF 0.01% 5,980 $529K No change
WMT Walmart Inc. 0.01% 4,629 $524K Add +77.1%
AMAT Applied Materials Inc. 0.01% 725 $524K Add +5.4%
SLQD iShares 0-5 YR Inv GRD Corp. 0.01% 10,397 $524K Reduce -20.1%
LRCX Lam Research Corp. 0.01% 1,146 $497K Add +9.6%
BRK.B Berkshire Hathaway Inc. Class B 0.01% 980 $490K Add +13.9%
PLTR Palantir Technologies Inc. Class A 0.01% 4,183 $488K Reduce -10.9%
KORE Kore Group Holdings Inc. 0.01% 49,433 $456K No change
TSLA Tesla Inc. 0.01% 1,008 $424K Reduce -41.7%
BAC Bank of America Corp. 0.01% 7,110 $405K Add +38.1%
HD Home Depot Inc. 0.01% 1,113 $393K Add +63.7%
MRK Merck & Co. Inc. 0.01% 2,557 $329K New
COST Costco Wholesale Corp. 0.01% 338 $316K Add +13.4%
MA Mastercard Inc. Class A 0.01% 606 $311K Add +7.1%
INTC Intel Corp. 0.01% 2,180 $304K New
CAT Caterpillar Inc. 0.01% 274 $292K Reduce -15.7%
PG The Procter & Gamble Co. 0.01% 1,980 $290K Add +11.2%
JNJ Johnson & Johnson 0.01% 1,094 $278K No change
TKO Tko Group Holdings Inc. 0.01% 1,350 $272K Reduce -52.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.01% 1,788 $271K New
MRVL Marvell Technology Inc. 0.00% 883 $263K New
PLD Prologis Inc. 0.00% 1,910 $259K New
C Citigroup Inc. 0.00% 1,834 $257K Add +0.1%
STX Seagate Technology Holdings 0.00% 262 $253K New
AMT American Tower Corp. 0.00% 1,528 $250K New
PANW Palo Alto Networks Inc. 0.00% 690 $235K New
QCOM Qualcomm Inc. 0.00% 1,265 $234K New
GS Goldman Sachs Group Inc. 0.00% 231 $234K New
BGH Barings GLBL SHRT Dur Hi YLD 0.00% 16,331 $230K Add +2.6%
GEV GE Vernova Inc. 0.00% 193 $227K New
SPG Simon Property Group Inc. 0.00% 1,007 $225K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.00% 786 $221K New
CSCO Cisco Systems Inc. 0.00% 1,843 $216K New
WDC Western Digital Corp. 0.00% 332 $212K New
ADI Analog Devices Inc. 0.00% 530 $211K New
UNH Unitedhealth Group Inc. 0.00% 505 $210K New
CB Chubb Ltd. 0.00% 614 $209K New
RTX RTX Corp. 0.00% 1,099 $209K Reduce -15.5%
NFLX Netflix Inc. 0.00% 2,871 $205K Add +24.0%
CVS CVS Health Corp. 0.00% 1,934 $200K New
CURI Curiositystream Inc. 0.00% 27,930 $74K No change
NBIS Nebius Group NV 0.00% 90,661 $0 New
Other holdings (7): bonds, preferreds, convertibles and warrants · $266.7M (not counted above)
SecurityClassShares / PrincipalValueChange
HERBALIFE LTD (HLF 4.25 06/15/28) NOTE 4.250% 6/1 · principal 59,612,000$68.4MAdd +4.9%
NCL CORPORATION LTD (NCLH 0.875 04/15/30) NOTE 0.875% 4/1 · principal 54,658,000$60.9MNew
PARSONS CORP (PSN 2.625 03/01/29) NOTE 2.625% 3/0 · principal 61,696,000$60.7MAdd +33.8%
UNITI GROUP INC (UNIT 7.5 12/01/27) NOTE 7.500%12/0 · principal 23,333,000$28.2MReduce -15.5%
SABRE GLBL INC (SABHLD 7.32 08/01/26) NOTE 7.320% 8/0 · principal 21,908,000$22.0MReduce -0.8%
OMNICELL INC (OMCL 1 12/01/29) NOTE 1.000%12/0 · principal 15,735,000$16.6MNo change
ZIFF DAVIS INC (ZD 3.625 03/01/28) DEBT 3.625% 3/0 · principal 10,000,000$10.0MNo change

Total filed on the 13F, all lines: $5.6B.

Portfolio Sells Q1 2026 → Q2 2026
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -68.4% 5.52% −10.12
JAAA Janus Henderson Aaa Clo ETF Reduce -62.0% 4.61% −6.22
IEV iShares Europe ETF Reduce -97.9% 0.01% −0.52
TTE Totalenergies SE Reduce -30.9% 0.60% −0.34
IGV iShares Expanded Tech-Softwa Sold out 0.00% −0.32
PDD PDD Holdings Inc. Reduce -9.4% 0.83% −0.27
CTRA Coterra Energy Inc. Sold out 0.00% −0.18
VTV Vanguard Mrngstr Val ETF-Aui Reduce -65.7% 0.13% −0.17
USHY iShares Broad Usd High Yield Reduce -28.3% 0.61% −0.15
FUTU Futu Holdings Ltd.-ADR Sold out 0.00% −0.13
JXI iShares Global Utilities ETF Reduce -85.0% 0.02% −0.12
ENB Enbridge Inc. Sold out 0.00% −0.12
EEM iShares MSCI Emerging Market Reduce -39.7% 0.46% −0.11
WPM Wheaton Precious Metals Corp. Reduce -8.1% 0.52% −0.07
XP XP Inc. Class A Sold out 0.00% −0.06
CF CF Industries Holdings Inc. Reduce -41.6% 0.07% −0.06
VCLT Vanguard Long-Term Corp. Bond Reduce -57.8% 0.06% −0.06
DOW Dow Inc. Reduce -28.2% 0.06% −0.06
AEM Agnico Eagle Mines Ltd. Reduce -18.1% 0.11% −0.05
EZU iShares MSCI Eurozone ETF Reduce -53.9% 0.06% −0.04
CVX Chevron Corp. Reduce -2.3% 0.30% −0.04
MOAT Vaneck Morningstar Wide Moat Sold out 0.00% −0.04
SCCO Southern Copper Corp. Reduce -43.3% 0.06% −0.04
COP Conocophillips Reduce -1.4% 0.22% −0.03
XOM Exxon Mobil Corp. Reduce -1.7% 0.26% −0.03
BAP Credicorp Ltd. Reduce -37.8% 0.13% −0.03
VTWO Vanguard Russell 2000 ETF Sold out 0.00% −0.03
IBND SS SPDR BB Intl Corp. BD ETF Reduce -64.5% 0.02% −0.02
AZN Astrazeneca PLC Reduce -11.8% 0.44% −0.02
VALE Vale SA-SP ADR Reduce -19.7% 0.13% −0.02
IFS Intercorp Financial Services Sold out 0.00% −0.02
VWO Vanguard Ftse Emerging Marke Sold out 0.00% −0.02
TSCO Tractor Supply Company Reduce -35.0% 0.02% −0.02
FIS Fidelity National Info Serv Sold out 0.00% −0.01
SQM Quimica Y Minera Chil-SP ADR Reduce -13.8% 0.10% −0.01
ELME Elme Communities Sold out 0.00% −0.01
EAGG iShares ESG Aware US Aggrega Sold out 0.00% −0.01
NEM Newmont Corp. Reduce -3.4% 0.17% −0.01
PPC Pilgrim's Pride Corp. Sold out 0.00% −0.01
GDX Vaneck Gold Miners ETF Reduce -1.9% 0.10% −0.01
HTHT H World Group Ltd.-ADR Reduce -0.4% 0.13% −0.01
DAR Darling Ingredients Inc. Reduce -4.1% 0.19% −0.01
INTU Intuit Inc. Sold out 0.00% −0.01
FN Fabrinet Reduce -22.5% 0.14% −0.01
ACWI iShares MSCI Acwi ETF Reduce -29.5% 0.07% −0.01
FANG Diamondback Energy Inc. Reduce -5.0% 0.12% −0.01
EWH iShares MSCI Hong Kong ETF Reduce -17.9% 0.03% −0.01
AXON Axon Enterprise Inc. Sold out 0.00% −0.01
IGF iShares Global Infrastructur Reduce -16.9% 0.08% −0.01
TLH iShares 10-20 Year Treasury Sold out 0.00% −0.01

Portfolio Buys Q1 2026 → Q2 2026
IVV iShares Core S&P 500 ETF Add +4.2% 24.32% +6.61
DYNF Ishrs US E F R A ETF-Usd Inc. Add +58.6% 0.97% +0.50
AAAP Pcer Brings Clo MKT FLX New 0.47% +0.47
PBSC PCR Brings Scud CRDT Flex New 0.47% +0.47
VGT Vanguard Info Tech ETF Add +18.4% 0.63% +0.28
ITUB Itau Unibanco H-Spon PRF ADR Add +129.2% 0.31% +0.19
DVN Devon Energy Corp. New 0.16% +0.16
PSX Phillips 66 New 0.13% +0.13
NU Nu Holdings Ltd./Cayman Isl-A Add +41.1% 0.37% +0.12
SLB SLB Ltd. New 0.07% +0.07
SU Suncor Energy Inc. Add +29.5% 0.37% +0.06
BOBS Bob's Discount Furniture New 0.05% +0.05
WMB Williams Cos Inc. Add +24.1% 0.18% +0.05
CX Cemex Sab-Spons ADR Part Cer New 0.05% +0.05
VLO Valero Energy Corp. Add +23.7% 0.16% +0.05
CRH CRH PLC Add +0.2% 0.41% +0.05
DE Deere & Co. Add +29.7% 0.12% +0.05
RACE Ferrari NV Add +9.8% 0.17% +0.04
AAPL Apple Inc. Add +43.1% 0.10% +0.04
NVDA Nvidia Corp. Add +11.5% 0.14% +0.04
QGEN Qiagen N.V. Add +8.0% 0.26% +0.04
AMZN Amazon.com Inc. Add +24.1% 0.10% +0.04
CCJ Cameco Corp. Add +28.7% 0.11% +0.03
KLAC KLA Corp. New 0.03% +0.03
MELI MercadoLibre Inc. New 0.02% +0.02
XLK SS Technology Select Sector Add +31.2% 0.04% +0.02
TBBB BBB Foods Inc. Class A New 0.02% +0.02
AVGO Broadcom Inc. Add +80.4% 0.04% +0.02
AXIAY Axia Energia-ADR Add +8.1% 0.15% +0.02
GE General Electric Add +52.4% 0.03% +0.02
PBR.A Petroleo Brasil-SP Pref ADR Add +29.9% 0.13% +0.02
CTVA Corteva Inc. Add +2.7% 0.11% +0.01
LIN Linde PLC Add +0.8% 0.09% +0.01
ADM Archer-Daniels-Midland Co. Add +2.7% 0.08% +0.01
MSFT Microsoft Corp. Add +1.0% 0.08% +0.01
V Visa Inc. Class A Add +1.2% 0.04% +0.01
MPV Barings Participation Invest Add +1.1% 0.09% +0.01
AGCO Agco Corp. Add +2.6% 0.06% +0.01
AMD Advanced Micro Devices Add +9.8% 0.01% +0.01
JPM JPMorgan Chase & Co. Add +7.9% 0.03% +0.01
ANDE The Andersons Inc. Add +17.6% 0.04% +0.01
MRK Merck & Co. Inc. New 0.01% +0.01
AMAT Applied Materials Inc. Add +5.4% 0.01% +0.01
INTC Intel Corp. New 0.01% +0.01
LRCX Lam Research Corp. Add +9.6% 0.01% +0.01
TJX TJX Companies Inc. New 0.01% +0.01
MRVL Marvell Technology Inc. New 0.00% +0.00
PLD Prologis Inc. New 0.00% +0.00
CNH CNH Industrial NV Add +2.6% 0.03% +0.00
AMT American Tower Corp. New 0.00% +0.00

Notes & Other Activity Q1 2026 → Q2 2026
HERBALIFE LTD (HLF 4.25 06/15/28) NOTE 4.250% 6/1 · principal Add +4.9% 59,612,000 $68.4M
NCL CORPORATION LTD (NCLH 0.875 04/15/30) NOTE 0.875% 4/1 · principal New 54,658,000 $60.9M
PARSONS CORP (PSN 2.625 03/01/29) NOTE 2.625% 3/0 · principal Add +33.8% 61,696,000 $60.7M
UNITI GROUP INC (UNIT 7.5 12/01/27) NOTE 7.500%12/0 · principal Reduce -15.5% 23,333,000 $28.2M
SABRE GLBL INC (SABHLD 7.32 08/01/26) NOTE 7.320% 8/0 · principal Reduce -0.8% 21,908,000 $22.0M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 184$5.4BIVV, QQQ, IWO, VCSH, IGSB
Q1 2026 173$6.0BIVV, LQD, JAAA, QQQ, IWO
Q4 2025 163$5.2BIVV, QQQ, IWO, VCSH, IGSB
Q3 2025 165$5.1BIVV, QQQ, IWO, VCSH, IGSB
Q2 2025 165$4.2BIVV, QQQ, IWO, VCSH, IGSB
Q1 2025 158$3.9BIVV, QQQ, IWO, VCSH, IGSB
Q4 2024 159$4.2BIVV, QQQ, IWO, VCSH, IGSB
Q3 2024 153$4.2BIVV, QQQ, IWO, VCSH, IGSB
Q2 2024Amended 147$4.1BIVV, QQQ, IWO, VCSH, IGSB
Q1 2024 150$3.9BIVV, QQQ, IWO, VCSH, IGSB