Bessemer Group Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 5, 2025), Bessemer Group Inc. reported 2,546 stock positions worth $65.4 billion. Its top holding was Nvidia (NVDA) at 6.6% of the portfolio, followed by Microsoft (MSFT, 5.9%) and Apple (AAPL, 4.7%). Compared with Q2 2025, it opened 263 new positions, sold out of 230, added to 1,378 and reduced 647. The biggest buy was Nvidia (NVDA, shares +5%) and the biggest sale Fiserv (FISV, shares −99%).

Most Recent 13F
Q2 2026
Location
WOODBRIDGE, NJ
CIK
0001054074
Portfolio Value
$65.4B (Q3 2025)
SEC Filing
0000930413-25-003379 ↗ filed Nov 5, 2025

Holdings Value

0$20.0B$40.0B$60.0B$80.0B Q1 2024: $55.3B Q1 2024 Q2 2024: $56.7B Q2 2024 Q3 2024: $60.7B Q3 2024 Q4 2024: $61.3B Q4 2024 Q1 2025: $55.8B Q1 2025 Q2 2025: $61.6B Q2 2025 Q3 2025: $65.4B $65.4B Q3 2025 Q4 2025: $65.1B Q4 2025 Q1 2026: $63.6B Q1 2026 Q2 2026: $72.7B Q2 2026

Holdings 2,546 stocks · $65.4B

NVDA Nvidia Corp. 6.60% 23,113,037 $4.3B Add +4.5%
MSFT Microsoft Corp. 5.94% 7,494,696 $3.9B Reduce -2.0%
AAPL Apple Inc. 4.65% 11,943,730 $3.0B Add +3.6%
GOOG Alphabet Inc. Class C 4.15% 11,137,087 $2.7B Reduce -4.2%
AMZN Amazon.com Inc. 3.46% 10,302,011 $2.3B Reduce -1.2%
META Meta Platforms Inc. Class A 2.86% 2,544,781 $1.9B Add +0.9%
AVGO Broadcom Inc. 2.79% 5,527,501 $1.8B Reduce -6.8%
JPM JPMorgan Chase & Co. 2.61% 5,399,967 $1.7B Reduce -0.4%
V Visa Inc. Class A 1.65% 3,165,107 $1.1B Add +0.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.19% 15,094,495 $778.7M Reduce -0.6%
CCL Carnival Corp. 1.18% 26,591,441 $768.8M Reduce -6.3%
COST Costco Wholesale Corp. 1.06% 751,391 $695.5M Reduce -15.1%
IVV iShares Core S&P 500 ETF 1.05% 1,029,054 $688.7M Add +2.3%
NEE Nextera Energy Inc. 1.02% 8,794,584 $663.9M Reduce -0.4%
ABBV Abbvie Inc. 0.98% 2,753,968 $637.7M Reduce -0.4%
UNH Unitedhealth Group Inc. 0.96% 1,823,871 $629.8M Add +152.3%
COR Cencora Inc. 0.90% 1,888,722 $590.3M Reduce -8.7%
CVX Chevron Corp. 0.88% 3,696,253 $574.0M Add +20.7%
WMT Walmart Inc. 0.80% 5,048,874 $520.3M Reduce -0.4%
ICE Intercontinental Exchange Inc. 0.76% 2,955,623 $498.0M Add +5.2%
SPOT Spotify Technology SA 0.73% 682,639 $476.5M Add +35.1%
NOW ServiceNow Inc. 0.73% 516,247 $475.1M Reduce -2.6%
DHR Danaher Corp. 0.72% 2,388,962 $473.6M Add +6.5%
ORLY O'reilly Automotive Inc. 0.71% 4,327,528 $466.6M Reduce -0.7%
BRK.B Berkshire Hathaway Inc. Class B 0.71% 922,647 $463.9M Add +103.3%
VOO Vanguard S&P 500 ETF 0.70% 751,990 $460.5M Add +1.7%
MSI Motorola Solutions Inc. 0.68% 974,977 $445.8M Reduce -26.6%
HWM Howmet Aerospace Inc. 0.68% 2,267,648 $445.0M Reduce -7.4%
CRH CRH PLC 0.68% 3,685,092 $441.8M Add +0.2%
ETN Eaton Corp. PLC 0.66% 1,157,509 $433.2M Add +17.2%
ISRG Intuitive Surgical Inc. 0.66% 967,778 $432.8M Add +22.8%
EFA iShares MSCI Eafe ETF 0.63% 4,430,239 $413.7M Add +87.0%
MCK McKesson Corp. 0.62% 520,942 $402.4M Reduce -0.7%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.55% 3,862,978 $360.2M Reduce -2.7%
MA Mastercard Inc. Class A 0.55% 629,492 $358.1M Reduce -4.3%
MSCI MSCI Inc. 0.51% 586,974 $333.1M Reduce -0.6%
NOC Northrop Grumman Corp. 0.50% 541,524 $330.0M Reduce -32.1%
BN Brookfield Corp. 0.50% 4,781,141 $327.9M Reduce -1.0%
AMAT Applied Materials Inc. 0.49% 1,574,814 $322.4M Reduce -0.4%
XOM Exxon Mobil Corp. 0.46% 2,672,359 $301.3M Add +119.4%
KWEB Kranesh Csi China Internet 0.46% 7,130,716 $299.6M Add +12.5%
TRU Transunion 0.46% 3,563,453 $298.5M Reduce -0.9%
C Citigroup Inc. 0.45% 2,904,795 $294.8M Add +6172.0%
SPGI S&P Global Inc. 0.45% 598,747 $291.4M Reduce -0.3%
LLY Eli Lilly & Co. 0.44% 380,648 $290.4M Add +14.4%
AEE Ameren Corporation 0.44% 2,775,590 $289.7M Reduce -1.0%
BSX Boston Scientific Corp. 0.43% 2,903,213 $283.4M Reduce -0.6%
GDXJ Vaneck Junior Gold Miners 0.43% 2,846,650 $281.9M No change
TSM Taiwan Semiconductor-SP ADR 0.42% 984,178 $274.9M Add +18.2%
FTNT Fortinet Inc. 0.42% 3,238,791 $272.3M Reduce -31.8%
VSS Vanguard Ftse All Wo X-US SC 0.40% 1,846,382 $263.2M Reduce -3.5%
TMO Thermo Fisher Scientific Inc. 0.40% 540,350 $262.1M Add +0.4%
STE Steris PLC 0.40% 1,059,026 $262.0M Reduce -0.1%
NDAQ Nasdaq Inc. 0.40% 2,927,331 $258.9M Reduce -9.5%
CLH Clean Harbors Inc. 0.39% 1,097,702 $254.9M Add +8.6%
KEYS Keysight Technologies Inc. 0.38% 1,429,998 $250.1M Reduce -0.3%
CME Cme Group Inc. 0.38% 913,859 $246.9M Reduce -0.3%
TTWO Take-Two Interactive Softwre 0.38% 951,186 $245.7M Reduce -1.1%
MELI MercadoLibre Inc. 0.37% 104,647 $244.6M Reduce -26.6%
LHX L3HARRIS Technologies Inc. 0.37% 799,388 $244.1M Reduce -15.2%
BKNG Booking Holdings Inc. 0.37% 45,148 $243.8M Reduce -17.2%
AEP American Electric Power 0.37% 2,159,456 $242.9M Add +22.5%
MDT Medtronic PLC 0.37% 2,538,029 $241.7M Add +86.2%
GOOGL Alphabet Inc. Class A 0.37% 992,366 $241.2M Reduce -1.1%
USFD US Foods Holding Corp. 0.37% 3,132,793 $240.0M Reduce -17.1%
IT Gartner Inc. 0.37% 911,560 $239.6M Add +23.1%
HD Home Depot Inc. 0.36% 577,188 $233.9M Reduce -0.4%
BA The Boeing Co. 0.35% 1,069,819 $230.9M Add +50.3%
WAB Wabtec Corp. 0.35% 1,149,971 $230.5M Reduce -0.4%
COP Conocophillips 0.35% 2,431,975 $230.0M Reduce -33.2%
HLT Hilton Worldwide Holdings Inc. 0.35% 885,715 $229.8M Reduce -0.9%
CDNS Cadence Design SYS Inc. 0.35% 653,156 $229.4M Reduce -0.3%
CCEP Coca-Cola Europacific Partne 0.35% 2,537,646 $229.4M Add +12873.0%
MS Morgan Stanley 0.35% 1,419,601 $225.7M Add +0.8%
AMT American Tower Corp. 0.34% 1,171,184 $225.2M Add +19.1%
IDXX Idexx Laboratories Inc. 0.34% 352,268 $225.1M Reduce -7.7%
PM Philip Morris International 0.34% 1,370,640 $222.3M Reduce -0.4%
CSL Carlisle Cos Inc. 0.33% 655,342 $215.6M Add +2.5%
APO Apollo Global Management Inc. 0.33% 1,617,228 $215.5M Add +31.1%
SHW The Sherwin-Williams Co. 0.33% 619,432 $214.5M Reduce -0.3%
ORCL Oracle Corp. 0.32% 754,610 $212.2M Reduce -57.4%
KLAC KLA Corp. 0.31% 188,541 $203.4M Reduce -0.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.30% 698,344 $197.0M Reduce -21.8%
EMB iShares JP Morgan Usd Emergi 0.30% 2,061,819 $196.3M Add +0.0%
QCOM Qualcomm Inc. 0.30% 1,173,745 $195.3M Add +23.8%
EFX Equifax Inc. 0.28% 718,011 $184.2M Reduce -0.3%
SPG Simon Property Group Inc. 0.28% 978,743 $183.7M Reduce -1.4%
CDW CDW Corp. 0.28% 1,144,220 $182.3M Reduce -0.3%
MCD McDonald's Corp. 0.28% 594,395 $180.6M Add +18.0%
NFLX Netflix Inc. 0.28% 150,142 $180.0M Add +3.2%
TW Tradeweb Markets Inc. Class A 0.27% 1,618,505 $179.6M Reduce -0.3%
LYV Live Nation Entertainment Inc. 0.27% 1,084,387 $177.2M Reduce -12.0%
MEDP Medpace Holdings Inc. 0.27% 341,917 $175.8M Reduce -32.6%
RCL Royal Caribbean Cruises Ltd. 0.27% 541,178 $175.1M Add +0.2%
SRE Sempra 0.26% 1,898,675 $170.8M Add +20627.9%
APG Api Group Corp. 0.26% 4,960,278 $170.5M Add +14.7%
CNM Core & Main Inc. Class A 0.26% 3,162,843 $170.3M Reduce -6.2%
RSG Republic Services Inc. 0.26% 739,792 $169.8M Add +7683.2%
KMI Kinder Morgan Inc. 0.26% 5,990,962 $169.6M Add +0.1%
BAH Booz Allen Hamilton Holdings 0.26% 1,695,808 $169.5M Reduce -0.6%

Show all 2,546 holdings

Other holdings (7): bonds, preferreds, convertibles and warrants · $3.0M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 2,271$2.8MNo change
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A 1,454$57KNew
SNAP INC (SNAP 0.5 05/01/30) NOTE 0.500% 5/0 · principal 63,000$54KNew
TXNM ENERGY INC (TXNM 5.75 06/01/54) NOTE 5.750% 6/0 · principal 32,000$42KNew
AFFIRM HOLDINGS INC (AFRM 0 11/15/26) NOTE 11/1 · principal 36,000$34KNew
SNAP INC (SNAP 0 05/01/27) NOTE 5/0 · principal 30,000$28KNew
BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) NOTE 5.500% 3/1 · principal 16,000$16KNew

Total filed on the 13F, all lines: $65.4B.

Portfolio Sells Q2 2025 → Q3 2025

FISV Fiserv Inc. Reduce -98.9% 0.01% −0.70
CTVA Corteva Inc. Reduce -97.7% 0.01% −0.43
FTNT Fortinet Inc. Reduce -31.8% 0.42% −0.40
COST Costco Wholesale Corp. Reduce -15.1% 1.06% −0.36
ORCL Oracle Corp. Reduce -57.4% 0.32% −0.30
CPAY Corpay Inc. Reduce -99.3% 0.00% −0.30
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -66.5% 0.14% −0.27
AMZN Amazon.com Inc. Reduce -1.2% 3.46% −0.26
CBRE CBRE Group Inc. Class A Reduce -98.5% 0.00% −0.25
MSFT Microsoft Corp. Reduce -2.0% 5.94% −0.24
MELI MercadoLibre Inc. Reduce -26.6% 0.37% −0.23
MSI Motorola Solutions Inc. Reduce -26.6% 0.68% −0.23
CRWD CrowdStrike Holdings Inc. Class A Reduce -98.6% 0.00% −0.18
COP Conocophillips Reduce -33.2% 0.35% −0.18
NOW ServiceNow Inc. Reduce -2.6% 0.73% −0.16
NICE Nice Ltd. - Spon ADR Reduce -99.7% 0.00% −0.16
AVTR Avantor Inc. Reduce -98.7% 0.00% −0.15
BJ Bj's Wholesale Club Holdings Reduce -2.7% 0.55% −0.14
PLD Prologis Inc. Reduce -97.7% 0.00% −0.14
NOC Northrop Grumman Corp. Reduce -32.1% 0.50% −0.14
BKNG Booking Holdings Inc. Reduce -17.2% 0.37% −0.14
IBM Intl Business Machines Corp. Reduce -21.8% 0.30% −0.13
CCL Carnival Corp. Reduce -6.3% 1.18% −0.12
TW Tradeweb Markets Inc. Class A Reduce -0.3% 0.27% −0.11
SLB SLB Ltd. Reduce -27.0% 0.25% −0.11
USFD US Foods Holding Corp. Reduce -17.1% 0.37% −0.11
COR Cencora Inc. Reduce -8.7% 0.90% −0.10
ITW Illinois Tool Works Reduce -88.0% 0.01% −0.09
BSX Boston Scientific Corp. Reduce -0.6% 0.43% −0.08
NDAQ Nasdaq Inc. Reduce -9.5% 0.40% −0.07
COO The Cooper Cos Inc. Reduce -26.6% 0.14% −0.07
RYAN Ryan Specialty Holdings Inc. Reduce -0.3% 0.25% −0.07
SBAC SBA Communications Corp. Reduce -28.0% 0.09% −0.07
CNM Core & Main Inc. Class A Reduce -6.2% 0.26% −0.07
DXCM Dexcom Inc. Reduce -33.8% 0.06% −0.07
AXON Axon Enterprise Inc. Reduce -7.0% 0.22% −0.07
SPGI S&P Global Inc. Reduce -0.3% 0.45% −0.07
PM Philip Morris International Reduce -0.4% 0.34% −0.07
ANNSF Aena Sme SA Sold out 0.00% −0.07
HDB HDFC Bank Ltd.-ADR Reduce -13.8% 0.16% −0.06
HWM Howmet Aerospace Inc. Reduce -7.4% 0.68% −0.06
FOUR SHIFT4 Payments Inc. Class A Reduce -99.9% 0.00% −0.06
TRU Transunion Reduce -0.9% 0.46% −0.06
PWR Quanta Services Inc. Reduce -23.8% 0.20% −0.05
CDW CDW Corp. Reduce -0.3% 0.28% −0.05
MA Mastercard Inc. Class A Reduce -4.3% 0.55% −0.05
CBZ Cbiz Inc. Reduce -100.0% 0.00% −0.05
CWST Casella Waste Systems Inc. Class A Reduce -99.3% 0.00% −0.05
RGEN Repligen Corp. Reduce -95.2% 0.00% −0.05
LNWO Light & Wonder Inc. Reduce -3.2% 0.18% −0.05

Portfolio Buys Q2 2025 → Q3 2025

NVDA Nvidia Corp. Add +4.5% 6.60% +0.92
AAPL Apple Inc. Add +3.6% 4.65% +0.81
UNH Unitedhealth Group Inc. Add +152.3% 0.96% +0.60
C Citigroup Inc. Add +6172.0% 0.45% +0.44
BRK.B Berkshire Hathaway Inc. Class B Add +103.3% 0.71% +0.35
CCEP Coca-Cola Europacific Partne Add +12873.0% 0.35% +0.35
EFA iShares MSCI Eafe ETF Add +87.0% 0.63% +0.29
SRE Sempra Add +20627.9% 0.26% +0.26
RSG Republic Services Inc. Add +7683.2% 0.26% +0.26
XOM Exxon Mobil Corp. Add +119.4% 0.46% +0.25
PANW Palo Alto Networks Inc. Add +3881.4% 0.22% +0.22
MDT Medtronic PLC Add +86.2% 0.37% +0.18
CVX Chevron Corp. Add +20.7% 0.88% +0.17
NRG NRG Energy Inc. Add +4470.6% 0.15% +0.15
CRH CRH PLC Add +0.2% 0.68% +0.13
DHI D.R. Horton Inc. Add +5063.5% 0.12% +0.12
TSM Taiwan Semiconductor-SP ADR Add +18.2% 0.42% +0.11
BA The Boeing Co. Add +50.3% 0.35% +0.11
KWEB Kranesh Csi China Internet Add +12.5% 0.46% +0.10
SPOT Spotify Technology SA Add +35.1% 0.73% +0.10
TEL Te Connectivity PLC Add +32.5% 0.24% +0.09
ETN Eaton Corp. PLC Add +17.2% 0.66% +0.09
LH Labcorp Holdings Inc. Add +3917.6% 0.08% +0.08
AEP American Electric Power Add +22.5% 0.37% +0.07
CVNA Carvana Co. Add +112145.1% 0.06% +0.06
QCOM Qualcomm Inc. Add +23.8% 0.30% +0.05
XBI SS SPDR S&P Biotech ETF Add +9.3% 0.25% +0.05
BLDR Builders Firstsource Inc. Add +135.1% 0.09% +0.05
UNP Union Pacific Corp. Add +29.6% 0.24% +0.05
SAIA Saia Inc. Add +21.9% 0.23% +0.05
TMO Thermo Fisher Scientific Inc. Add +0.4% 0.40% +0.05
APO Apollo Global Management Inc. Add +31.1% 0.33% +0.05
HWC Hancock Whitney Corp. Add +126754.3% 0.04% +0.04
URI United Rentals Inc. Add +0.5% 0.24% +0.04
IVV iShares Core S&P 500 ETF Add +2.3% 1.05% +0.04
ABCB Ameris Bancorp Add +98682.6% 0.04% +0.04
IWM iShares Russell 2000 ETF Add +44.7% 0.11% +0.04
MCD McDonald's Corp. Add +18.0% 0.28% +0.04
JBTM JBT Marel Corp. Add +1172.4% 0.04% +0.03
MRCY Mercury Systems Inc. Add +118133.6% 0.03% +0.03
JNJ Johnson & Johnson Add +0.9% 0.23% +0.03
GEV GE Vernova Inc. Add +8.7% 0.19% +0.03
DIOD Diodes Inc. Add +178733.7% 0.03% +0.03
MANH Manhattan Associates Inc. Add +19.3% 0.21% +0.03
OSW Onespaworld Holdings Ltd. Add +3988.8% 0.03% +0.03
BBSI Barrett Business SVCS Inc. Add +821045.1% 0.03% +0.03
XYZ Block Inc. Add +27.7% 0.13% +0.03
FSS Federal Signal Corp. Add +30645.7% 0.03% +0.03
CRDO Credo Technology Group Holdi Add +58127.0% 0.03% +0.03
MMSI Merit Medical Systems Inc. Add +160206.3% 0.03% +0.03

Notes & Other Activity Q2 2025 → Q3 2025

PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A New 1,454 $57K
SNAP INC (SNAP 0.5 05/01/30) NOTE 0.500% 5/0 · principal New 63,000 $54K
TXNM ENERGY INC (TXNM 5.75 06/01/54) NOTE 5.750% 6/0 · principal New 32,000 $42K
AFFIRM HOLDINGS INC (AFRM 0 11/15/26) NOTE 11/1 · principal New 36,000 $34K
SNAP INC (SNAP 0 05/01/27) NOTE 5/0 · principal New 30,000 $28K
BANK OF MONTREAL BNV · principal Sold out 28,000 $27Kbefore exit
FIRST CITIZENS BANCSHARE (FCNCA 5.375 PERP A) PFD Sold out 1,051 $23Kbefore exit
BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) NOTE 5.500% 3/1 · principal New 16,000 $16K
BANK OF NOVA SCOTIA BNV · principal Sold out 10,000 $10Kbefore exit
WW WW International Inc.-New COM NEW Sold out 0 $0before exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2,536$72.7BNVDA, AAPL, GOOG, AMZN, MSFT
Q1 2026 2,513$63.6BNVDA, AAPL, GOOG, MSFT, AMZN
Q4 2025 2,581$65.1BNVDA, GOOG, AAPL, MSFT, AMZN
Q3 2025 2,546$65.4BNVDA, MSFT, AAPL, GOOG, AMZN
Q2 2025 2,511$61.6BMSFT, NVDA, AAPL, AMZN, GOOG
Q1 2025 2,568$55.8BMSFT, AAPL, NVDA, AMZN, GOOG
Q4 2024 2,459$61.3BNVDA, MSFT, AAPL, AMZN, GOOG
Q3 2024 2,641$60.7BMSFT, AAPL, NVDA, AMZN, GOOG
Q2 2024 2,040$56.7BMSFT, NVDA, AAPL, AMZN, GOOG
Q1 2024Amended 2,037$55.3BMSFT, NVDA, AAPL, AMZN, GOOG