BlackRock, Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 7, 2025), BlackRock, Inc. reported 5,093 stock positions worth $4.93 trillion. Its top holding was Apple (AAPL) at 5.7% of the portfolio, followed by Nvidia (NVDA, 5.2%) and Microsoft (MSFT, 4.9%). Compared with Q3 2024, it opened 313 new positions, sold out of 145, added to 3,158 and reduced 1,272. The biggest buy was Tesla (TSLA, shares +4%) and the biggest sale Unitedhealth (UNH, shares −2%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0002012383
Portfolio Value
$4.93T (Q4 2024)
SEC Filing
0001060021-25-000002 ↗ filed Feb 7, 2025

Holdings Value

0$2.00T$4.00T$6.00T$8.00T Q3 2024: $4.75T Q3 2024 Q4 2024: $4.93T $4.93T Q4 2024 Q1 2025: $4.73T Q1 2025 Q2 2025: $5.22T Q2 2025 Q3 2025: $5.67T Q3 2025 Q4 2025: $5.88T Q4 2025 Q1 2026: $5.69T Q1 2026 Q2 2026: $6.70T Q2 2026

Holdings 5,093 stocks · $4.93T
AAPL Apple Inc. 5.71% 1,123,417,607 $281.3B Add +2.7%
NVDA Nvidia Corp. 5.15% 1,889,664,799 $253.8B Add +2.0%
MSFT Microsoft Corp. 4.93% 576,226,642 $242.9B Add +2.6%
AMZN Amazon.com Inc. 3.07% 688,589,448 $151.1B Add +3.2%
META Meta Platforms Inc. Class A 1.96% 164,634,167 $96.4B Add +1.6%
AVGO Broadcom Inc. 1.72% 366,247,800 $84.9B Add +2.8%
TSLA Tesla Inc. 1.66% 202,186,537 $81.7B Add +3.8%
GOOGL Alphabet Inc. Class A 1.66% 430,810,376 $81.6B Add +1.2%
GOOG Alphabet Inc. Class C 1.38% 357,823,951 $68.1B Add +0.2%
LLY Eli Lilly & Co. 1.02% 65,229,114 $50.4B Add +1.4%
BRK.B Berkshire Hathaway Inc. Class B 1.02% 110,401,412 $50.0B Add +0.5%
JPM JPMorgan Chase & Co. 1.01% 206,688,240 $49.5B Add +2.1%
V Visa Inc. Class A 0.88% 137,335,527 $43.4B Add +4.3%
IVV iShares Core S&P 500 ETF 0.80% 67,046,222 $39.5B Reduce -2.0%
MA Mastercard Inc. Class A 0.75% 70,435,981 $37.1B Add +1.7%
UNH Unitedhealth Group Inc. 0.74% 72,014,896 $36.4B Reduce -2.2%
XOM Exxon Mobil Corp. 0.67% 306,612,804 $33.0B Reduce -0.1%
COST Costco Wholesale Corp. 0.65% 34,761,491 $31.9B Add +3.6%
WMT Walmart Inc. 0.62% 336,615,874 $30.4B Add +0.4%
PG The Procter & Gamble Co. 0.60% 176,176,690 $29.5B Add +7.8%
JNJ Johnson & Johnson 0.59% 201,331,599 $29.1B Add +0.7%
HD Home Depot Inc. 0.58% 73,238,799 $28.5B Add +5.0%
NFLX Netflix Inc. 0.58% 31,926,189 $28.5B Add +1.3%
CRM Salesforce Inc. 0.52% 76,687,503 $25.6B Add +4.3%
ABBV Abbvie Inc. 0.51% 142,035,565 $25.2B Add +4.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.47% 522,691,367 $23.0B Add +3.7%
ORCL Oracle Corp. 0.45% 133,609,887 $22.3B Add +2.6%
MRK Merck & Co. Inc. 0.45% 222,081,845 $22.1B Add +4.7%
CSCO Cisco Systems Inc. 0.42% 348,762,128 $20.6B Reduce -4.0%
NOW ServiceNow Inc. 0.39% 18,250,115 $19.3B Add +6.8%
IXUS iShares Core Intl Stock ETF 0.39% 289,300,317 $19.1B Add +8.4%
KO The Coca-Cola Co. 0.39% 305,842,650 $19.0B Reduce -3.7%
ACN Accenture PLC Class A 0.37% 52,055,305 $18.3B Add +4.4%
WFC Wells Fargo & Co. 0.37% 256,986,341 $18.1B Reduce -1.0%
ADBE Adobe Inc. 0.37% 40,505,034 $18.0B Add +5.5%
CVX Chevron Corp. 0.36% 121,643,094 $17.6B Reduce -5.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.35% 78,894,303 $17.3B Add +1.7%
PEP Pepsico Inc. 0.35% 112,509,287 $17.1B Add +2.0%
ISRG Intuitive Surgical Inc. 0.33% 31,377,331 $16.4B Add +3.9%
AMD Advanced Micro Devices 0.32% 131,025,620 $15.8B Add +1.2%
TXN Texas Instruments Inc. 0.32% 82,794,657 $15.5B Add +0.2%
ABT Abbott Laboratories 0.31% 136,534,575 $15.4B Add +4.2%
INTU Intuit Inc. 0.31% 24,225,318 $15.2B Add +2.1%
MCD McDonald's Corp. 0.31% 52,357,002 $15.2B Add +4.3%
QCOM Qualcomm Inc. 0.31% 98,161,467 $15.1B Add +1.6%
TMO Thermo Fisher Scientific Inc. 0.30% 28,835,831 $15.0B Reduce -1.1%
LIN Linde PLC 0.30% 35,789,321 $15.0B Reduce -2.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.29% 129,798,330 $14.5B Add +3.8%
VZ Verizon Communications Inc. 0.28% 348,388,297 $13.9B Add +1.9%
GE General Electric filed as GE AEROSPACE 0.28% 82,443,298 $13.8B Add +3.2%
GS Goldman Sachs Group Inc. 0.28% 23,841,209 $13.7B Add +0.5%
SPGI S&P Global Inc. 0.27% 26,530,619 $13.2B Add +5.1%
AXP American Express Co. 0.26% 43,941,919 $13.0B Add +3.3%
PLTR Palantir Technologies Inc. Class A 0.26% 172,369,075 $13.0B Add +9.2%
AMAT Applied Materials Inc. 0.26% 79,893,689 $13.0B Add +1.9%
CAT Caterpillar Inc. 0.26% 35,517,697 $12.9B Add +0.3%
BKNG Booking Holdings Inc. 0.26% 2,566,427 $12.8B Add +6.6%
PM Philip Morris International 0.26% 104,913,087 $12.6B Add +3.2%
PGR Progressive Corp. 0.26% 52,605,629 $12.6B Add +9.8%
T AT&T Inc. 0.25% 546,906,322 $12.5B Reduce -1.3%
BSX Boston Scientific Corp. 0.25% 139,026,438 $12.4B Add +8.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.24% 99,656,021 $12.0B Add +4.8%
PFE Pfizer Inc. 0.24% 451,740,051 $12.0B Add +3.6%
MS Morgan Stanley 0.24% 95,086,325 $12.0B Add +7.1%
AMGN Amgen Inc. 0.24% 45,646,148 $11.9B Reduce -1.3%
C Citigroup Inc. 0.23% 163,790,161 $11.5B Add +0.3%
DHR Danaher Corp. 0.23% 50,210,377 $11.5B Add +0.9%
NEE Nextera Energy Inc. 0.23% 159,706,530 $11.4B Add +3.5%
RTX RTX Corp. 0.23% 98,855,549 $11.4B Add +1.5%
CMCSA Comcast Corp. Class A 0.23% 301,534,263 $11.3B Reduce -0.3%
GILD Gilead Sciences Inc. 0.23% 120,355,841 $11.1B Reduce -1.3%
ADP Automatic Data Processing 0.22% 36,408,277 $10.7B Add +1.3%
BLK BlackRock Inc. 0.21% 10,047,620 $10.3B Add +4.3%
UNP Union Pacific Corp. 0.21% 44,957,795 $10.3B Add +3.7%
COP Conocophillips 0.21% 103,034,807 $10.2B Add +7.0%
HON Honeywell International Inc. 0.20% 44,692,285 $10.1B Add +7.4%
PLD Prologis Inc. 0.20% 94,506,801 $10.0B Reduce -0.6%
ETN Eaton Corp. PLC 0.20% 29,973,688 $9.9B Add +3.1%
LOW Lowe's Cos Inc. 0.20% 39,561,917 $9.8B Add +1.6%
SYK Stryker Corp. 0.20% 26,810,080 $9.7B Reduce -2.9%
PANW Palo Alto Networks Inc. 0.19% 52,265,683 $9.5B Add +4.2%
EQIX Equinix Inc. 0.19% 10,062,863 $9.5B Add +1.8%
ANET Arista Networks Inc. 0.19% 85,140,121 $9.4B Add +1.4%
UBER Uber Technologies Inc. 0.19% 155,040,086 $9.4B Add +5.3%
MDT Medtronic PLC 0.19% 114,172,811 $9.1B Add +2.6%
LRCX Lam Research Corp. 0.18% 125,476,311 $9.1B Reduce -0.3%
CDNS Cadence Design SYS Inc. 0.18% 29,983,398 $9.0B Reduce -0.4%
TT Trane Technologies PLC 0.18% 24,176,323 $8.9B Add +10.0%
BMY Bristol-Myers Squibb Co. 0.18% 157,606,190 $8.9B Reduce -1.3%
MRSH Marsh & McLennan Cos 0.18% 41,620,471 $8.8B Add +0.0%
VRTX Vertex Pharmaceuticals Inc. 0.18% 21,825,470 $8.8B Add +0.2%
BA The Boeing Co. 0.18% 49,433,092 $8.7B Add +41.8%
FISV Fiserv Inc. 0.17% 41,716,243 $8.6B Add +6.6%
TMUS T-Mobile US Inc. 0.17% 38,669,752 $8.5B Add +2.3%
BX Blackstone Inc. 0.17% 49,088,349 $8.5B Add +3.1%
ADI Analog Devices Inc. 0.17% 38,652,658 $8.2B Reduce -0.1%
WELL Welltower Inc. 0.17% 64,901,077 $8.2B Add +5.5%
LMT Lockheed Martin Corp. 0.16% 16,604,334 $8.1B Reduce -6.2%
MU Micron Technology Inc. 0.16% 95,823,341 $8.1B Add +1.4%
AMT American Tower Corp. 0.16% 43,047,252 $7.9B Add +10.6%

Show all 5,093 holdings

Options reported separately and not counted above: SPY puts ($2.8B), GLD calls ($1.6B), SPY calls ($1.5B), NVDA calls ($519.0M), IVV puts ($451.7M), META calls ($448.2M), AAPL calls ($343.1M), ALPHABET INC calls ($323.6M), AMZN calls ($277.9M), WMT calls ($237.8M), NOW puts ($213.2M), HYG puts ($212.4M), and 44 more.

Other holdings (239): bonds, preferreds, convertibles and warrants · $5.3B (not counted above)
SecurityClassShares / PrincipalValueChange
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 12,171,252$741.1MNew
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 294,605$351.8MAdd +2.1%
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 2,487,811$216.2MReduce -9.3%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 155,163$189.2MAdd +0.7%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 4,283,475$174.3MReduce -8.7%
NEXTERA ENERGY INC (NEE 7.299 06/01/27) UNIT 06/01/2027 3,435,024$167.6MReduce -9.3%
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV 2,595,985$162.8MReduce -8.7%
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 2,576,150$141.8MNew
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 3,435,024$140.6MReduce -9.3%
NEXTERA ENERGY INC (NEE 7.234 11/01/27) UNIT 11/01/2027 2,588,036$118.0MNew
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal 110,336,000$117.3MReduce -2.3%
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal 75,295,000$82.8MNew
FIRSTENERGY CORP (FE 4 05/01/26) NOTE 4.000% 5/0 · principal 71,221,000$71.5MAdd +4.5%
AXON ENTERPRISE INC (AXON 0.5 12/15/27) NOTE 0.500%12/1 · principal 21,993,000$57.3MReduce -31.7%
AIRBNB INC (ABNB 0 03/15/26) NOTE 3/1 · principal 55,545,000$52.1MAdd +4.1%
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal 45,454,000$51.7MReduce -20.7%
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal 47,353,000$51.4MNew
CLOUDFLARE INC (NET 0 08/15/26) NOTE 8/1 · principal 53,305,000$51.0MAdd +46.8%
CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) 6.75DP CNV PFD B 696,629$49.1MReduce -9.3%
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal 38,995,000$47.0MAdd +2.8%
BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) UNIT 02/01/2027 687,035$43.0MReduce -9.3%
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) NOTE 2.875% 3/1 · principal 38,672,000$40.3MAdd +370.9%
SNAP INC (SNAP 0.125 03/01/28) NOTE 0.125% 3/0 · principal 49,215,000$40.3MAdd +8.1%
FRESHPET INC (FRPT 3 04/01/28) NOTE 3.000% 4/0 · principal 18,170,000$40.2MAdd +6.4%
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal 35,050,000$37.3MReduce -38.5%
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal 40,425,000$36.2MAdd +210.3%
WORKIVA INC (WK 1.25 08/15/28) NOTE 1.250% 8/1 · principal 33,180,000$35.1MAdd +514.4%
CABLE ONE INC (CABO 1.125 03/15/28) NOTE 1.125% 3/1 · principal 40,542,000$33.3MAdd +2.2%
DISH NETWORK CORP (DISH 0 12/15/25) NOTE 12/1 · principal 36,000,000$32.2MReduce -56.5%
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal 34,062,000$32.1MAdd +25.2%
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) NOTE 0.250% 3/0 · principal 32,580,000$31.1MAdd +5.5%
INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) NOTE 2.125% 2/1 · principal 17,700,000$28.3MReduce -5.1%
RLJ LODGING TRUST (RLJ 1.95 PERP A) CUM CONV PFD A 1,115,073$27.4MReduce -8.3%
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal 26,028,000$27.3MNew
SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) NOTE 12/1 · principal 20,200,000$27.1MAdd +8.5%
IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) NOTE 1.750% 6/1 · principal 26,800,000$26.3MAdd +14.4%
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) NOTE 4.250% 8/1 · principal 25,120,000$25.7MAdd +12.9%
CONFLUENT INC (CFLT 0 01/15/27) NOTE 1/1 · principal 28,025,000$25.2MAdd +35.1%
IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) NOTE 4/0 · principal 26,022,000$25.1MAdd +13.8%
BROOKDALE SENIOR LIVING (BKD 7 11/15/25) UNIT 11/15/2025 363,000$24.9MNo change
GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) NOTE 3.750% 5/1 · principal 12,680,000$24.9MReduce -3.1%
DUKE ENERGY CORP (DUK 4.125 04/15/26) NOTE 4.125% 4/1 · principal 23,871,000$24.5MAdd +18.9%
ADVANCED ENERGY IND (AEIS 2.5 09/15/28) NOTE 2.500% 9/1 · principal 22,460,000$24.5MAdd +14.9%
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) NOTE 0.125% 1/1 · principal 24,361,000$23.6MAdd +7.0%
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal 23,890,000$23.1MAdd +28.2%
UBER TECHNOLOGIES INC (UBER 0 12/15/25) NOTE 12/1 · principal 22,248,000$22.4MAdd +2.6%
BLOCK INC (XYZ 0 05/01/26) NOTE 5/0 · principal 23,905,000$22.2MAdd +12.6%
BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) NOTE 0.750% 5/0 · principal 8,331,000$22.0MAdd +18.5%
ENPHASE ENERGY INC (ENPH 0 03/01/26) NOTE 3/0 · principal 23,558,000$22.0MAdd +17.3%
WESTERN DIGITAL CORP (WDC 3 11/15/28) NOTE 3.000%11/1 · principal 16,540,000$21.9MNew
MICROSTRATEGY INC (MSTR 0 02/15/27) NOTE 2/1 · principal 10,375,000$21.4MAdd +17.9%
DROPBOX INC (DBX 0 03/01/26) NOTE 3/0 · principal 20,710,000$20.5MAdd +11.6%
PALO ALTO NETWORKS (PANW 0.375 06/01/25) NOTE 0.375% 6/0 · principal 5,588,000$20.4MReduce -16.4%
SNAP INC (SNAP 0 05/01/27) NOTE 5/0 · principal 23,340,000$20.2MAdd +20.4%
BENTLEY SYSTEMS (BSY 0.375 07/01/27) NOTE 0.375% 7/0 · principal 22,435,000$20.2MAdd +7.4%
SOUTHERN CO (SO 3.875 12/15/25) NOTE 3.875%12/1 · principal 17,900,000$18.8MReduce -64.5%
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 15,475,000$18.6MAdd +12.1%
EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) PFD CV TR SEC 28 378,779$18.2MReduce -10.8%
LCI INDUSTRIES (LCII 1.125 05/15/26) NOTE 1.125% 5/1 · principal 18,515,000$18.1MAdd +10.7%
BLOCK INC (XYZ 0.25 11/01/27) NOTE 0.250%11/0 · principal 20,929,000$18.1MAdd +8.8%
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) NOTE 2.625%12/1 · principal 13,220,000$17.6MReduce -73.6%
CMS ENERGY CORP (CMS 3.375 05/01/28) NOTE 3.375% 5/0 · principal 16,938,000$17.5MReduce -5.0%
CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) NOTE 3.875% 9/1 · principal 17,260,000$17.4MAdd +3.9%
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) NOTE 1.250% 5/0 · principal 16,760,000$17.2MAdd +25.2%
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) NOTE 3.125% 1/1 · principal 12,345,000$16.8MAdd +50.1%
DROPBOX INC (DBX 0 03/01/28) NOTE 3/0 · principal 16,130,000$16.5MAdd +18.1%
BOX INC (BOX 0 01/15/26) NOTE 1/1 · principal 13,000,000$16.4MNo change
RIVIAN AUTO INC (RIVN 3.625 10/15/30) NOTE 3.625%10/1 · principal 17,775,000$15.9MNew
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal 15,450,000$15.5MAdd +24.6%
ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) NOTE 6.000% 8/1 · principal 3,277,000$15.2MAdd +20.2%
EVERGY INC (EVRG 4.5 12/15/27) NOTE 4.500%12/1 · principal 13,689,000$14.9MNew
INSULET CORPORATION (PODD 0.375 09/01/26) NOTE 0.375% 9/0 · principal 11,750,000$14.8MAdd +81.0%
ZSCALER INC. (ZS 0.125 07/01/25) NOTE 0.125% 7/0 · principal 11,907,000$14.8MAdd +26.6%
MIDDLEBY CORP (MIDD 1 09/01/25) NOTE 1.000% 9/0 · principal 12,882,000$14.4MAdd +14.7%
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) NOTE 0.375% 9/0 · principal 14,186,000$14.2MAdd +20.4%
ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) NOTE 1.500% 9/0 · principal 14,150,000$14.0MAdd +71.5%
CABLE ONE INC (CABO 0 03/15/26) NOTE 3/1 · principal 15,070,000$14.0MAdd +4.0%
GUARDANT HEALTH INC (GH 0 11/15/27) NOTE 11/1 · principal 16,525,000$13.8MAdd +23.7%
PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) NOTE 1.000% 4/1 · principal 11,460,000$13.7MAdd +73.6%
COINBASE GLOBAL INC (COIN 0.5 06/01/26) NOTE 0.500% 6/0 · principal 13,000,000$13.6MAdd +18.4%
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) NOTE 12/0 · principal 15,175,000$13.5MAdd +26.2%
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal 12,235,000$13.2MReduce -6.3%
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) NOTE 1.250% 9/1 · principal 11,825,000$13.0MAdd +25.8%
INSMED INC (INSM 0.75 06/01/28) NOTE 0.750% 6/0 · principal 5,949,000$12.9MAdd +29.4%
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) NOTE 1.125% 2/1 · principal 13,025,000$12.7MAdd +25.9%
AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) NOTE 0.125% 5/0 · principal 11,822,000$12.5MAdd +23.8%
AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) NOTE 6.500% 7/0 · principal 10,579,000$12.4MAdd +27.3%
NCL CORPORATION LTD (NCLH 1.125 02/15/27) NOTE 1.125% 2/1 · principal 11,900,000$12.3MAdd +28.6%
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal 11,121,000$12.2MAdd +33.3%
DATADOG INC (DDOG 0.125 06/15/25) NOTE 0.125% 6/1 · principal 7,799,000$12.1MAdd +28.4%
ALARM.COM HLDGS INC (ALRM 0 01/15/26) NOTE 1/1 · principal 12,616,000$11.9MAdd +14.9%
BLOCK INC (XYZ 0.125 03/01/25) NOTE 0.125% 3/0 · principal 11,920,000$11.8MNew
DEXCOM INC (DXCM 0.25 11/15/25) NOTE 0.250%11/1 · principal 12,095,000$11.6MReduce -27.5%
UNITY SOFTWARE INC (U 0 11/15/26) NOTE 11/1 · principal 12,775,000$11.6MAdd +24.3%
INTERDIGITAL INC (IDCC 3.5 06/01/27) NOTE 3.500% 6/0 · principal 4,550,000$11.4MAdd +16.7%
PAGERDUTY INC. (PD 1.5 10/15/28 *) NOTE 1.500%10/1 · principal 11,553,000$11.2MNew
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) NOTE 3/1 · principal 13,000,000$11.1MAdd +22.1%
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) NOTE 3.625% 6/1 · principal 11,025,000$10.9MAdd +31.3%
ON SEMICONDUCTOR CORP (ON 0 05/01/27) NOTE 5/0 · principal 8,150,000$10.7MAdd +24.4%
HUBSPOT INC (HUBS 0.375 06/01/25) NOTE 0.375% 6/0 · principal 4,264,000$10.5MAdd +10.3%
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) NOTE 3.625% 4/1 · principal 8,892,000$10.4MAdd +15.2%
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal 10,445,000$10.4MAdd +26.3%
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) NOTE 2.000% 6/1 · principal 10,175,000$10.3MAdd +28.4%
FLAGSTAR BANK NA (FLG 6 11/01/51) UNIT 05/07/2051 274,506$10.3MReduce -0.9%
CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) NOTE 4.500% 8/1 · principal 4,615,000$10.0MAdd +24.2%
CNX RESOURCES CORP (CNX 2.25 05/01/26) NOTE 2.250% 5/0 · principal 3,385,000$9.7MAdd +30.9%
EPR PROPERTIES (EPR 5.75 PERP C) PFD C CV 5.75% 463,355$9.6MReduce -8.9%
EVOLENT HEALTH INC (EVH 3.5 12/01/29) NOTE 3.500%12/0 · principal 11,358,000$9.6MNew
UNITED STATES STEEL CORP (X 5 11/01/26) NOTE 5.000%11/0 · principal 3,482,000$8.9MAdd +25.2%
BLOOM ENERGY CORP (BE 3 06/01/28) NOTE 3.000% 6/0 · principal 6,400,000$8.8MReduce -28.5%
TELADOC HEALTH INC (TDOC 1.25 06/01/27) NOTE 1.250% 6/0 · principal 10,090,000$8.8MAdd +11.6%
LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) NOTE 1.500%12/1 · principal 6,245,000$8.7MReduce -63.5%
WAYFAIR INC (W 3.5 11/15/28) NOTE 3.500%11/1 · principal 6,750,000$8.4MAdd +18.9%
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) NOTE 0.500% 6/1 · principal 8,700,000$8.4MAdd +26.1%
ETSY INC (ETSY 0.25 06/15/28) NOTE 0.250% 6/1 · principal 10,200,000$8.3MAdd +22.9%
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal 4,133,000$8.3MAdd +18.7%
DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal 10,000,000$8.3MReduce -71.6%
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) NOTE 1.750%12/1 · principal 8,760,000$8.1MAdd +19.0%
EPR PROPERTIES (EPR 9 PERP E) CONV PFD 9% SR E 297,409$8.1MReduce -11.2%
WAYFAIR INC (W 1 08/15/26) NOTE 1.000% 8/1 · principal 8,365,000$7.7MAdd +9.1%
WAYFAIR INC (W 3.25 09/15/27) NOTE 3.250% 9/1 · principal 7,150,000$7.6MAdd +24.9%
JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) CONVERTIBLE BOND · principal 8,050,000$7.5MAdd +3.2%
CONMED CORP (CNMD 2.25 06/15/27) NOTE 2.250% 6/1 · principal 7,898,000$7.3MAdd +15.3%
POST HOLDINGS INC (POST 2.5 08/15/27) NOTE 2.500% 8/1 · principal 6,175,000$7.2MAdd +28.6%
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal 5,950,000$7.2MReduce -7.5%
TETRA TECH INC (TTEK 2.25 08/15/28) DBCV 2.250% 8/1 · principal 6,114,000$7.2MReduce -86.0%
VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) NOTE 2.250% 9/1 · principal 8,025,000$7.2MAdd +30.0%
FLUOR CORP (FLR 1.125 08/15/29) NOTE 1.125% 8/1 · principal 5,645,000$7.1MAdd +24.2%
AFFIRM HOLDINGS INC (AFRM 0 11/15/26) NOTE 11/1 · principal 7,725,000$7.0MReduce -31.2%
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) NOTE 0.500% 8/0 · principal 6,400,000$6.9MAdd +28.0%
M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) NOTE 0.250% 3/1 · principal 4,263,000$6.8MAdd +8.6%
BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) NOTE 5.500% 3/1 · principal 7,067,000$6.8MReduce -35.8%
WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) NOTE 1.875%12/0 · principal 16,293,000$6.8MAdd +14.0%
NCL CORPORATION LTD (NCLH 5.375 08/01/25) NOTE 5.375% 8/0 · principal 4,730,000$6.7MAdd +23.5%
INSIGHT ENTERPRS (NSIT 0.75 02/15/25) NOTE 0.750% 2/1 · principal 3,003,000$6.7MAdd +9.1%
ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) NOTE 2.250% 4/0 · principal 6,100,000$6.7MAdd +20.8%
ETSY INC (ETSY 0.125 10/01/26) NOTE 0.125%10/0 · principal 6,761,000$6.5MAdd +26.2%
BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) NOTE 2.250% 2/0 · principal 7,525,000$6.4MAdd +22.9%
ALLIANT ENERGY CORP (LNT 3.875 03/15/26) NOTE 3.875% 3/1 · principal 6,150,000$6.3MAdd +25.5%
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) NOTE 2.250% 8/1 · principal 5,025,000$6.1MAdd +25.6%
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal 6,553,000$6.1MAdd +37.9%
REPLIGEN CORP (RGEN 1 12/15/28) NOTE 1.000%12/1 · principal 5,896,000$6.0MNew
SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) NOTE 3.750% 3/1 · principal 5,819,000$6.0MAdd +15.9%
CYTOKINETICS INC (CYTK 3.5 07/01/27) NOTE 3.500% 7/0 · principal 4,875,000$5.8MAdd +14.0%
GUESS INC (GES 3.75 04/15/28) NOTE 3.750% 4/1 · principal 6,037,000$5.7MAdd +3.4%
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) NOTE 2.500% 3/1 · principal 5,395,000$5.6MAdd +22.8%
DAYFORCE INC (DAY 0.25 03/15/26) NOTE 0.250% 3/1 · principal 5,848,000$5.6MAdd +27.2%
OKTA INC (OKTA 0.125 09/01/25) NOTE 0.125% 9/0 · principal 5,820,000$5.6MAdd +31.7%
WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) NOTE 1.750% 5/0 · principal 6,326,000$5.6MAdd +29.1%
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) NOTE 3.250%12/1 · principal 5,950,000$5.6MAdd +13.3%
RINGCENTRAL INC (RNG 0 03/15/26) NOTE 3/1 · principal 5,971,000$5.5MAdd +30.6%
ETSY INC (ETSY 0.125 09/01/27) NOTE 0.125% 9/0 · principal 6,348,000$5.5MAdd +28.3%
SEMTECH CORP (SMTC 1.625 11/01/27) NOTE 1.625%11/0 · principal 3,075,000$5.4MAdd +17.1%
EXACT SCIENCES CORP (EXAS 0.375 03/15/27) NOTE 0.375% 3/1 · principal 5,855,000$5.4MAdd +23.1%
MARRIOTT VACATION WORLDW (VAC 0 01/15/26) NOTE 1/1 · principal 5,580,000$5.3MAdd +27.4%
H WORLD GROUP LTD (HTHT 3 05/01/26) NOTE 3.000% 5/0 · principal 5,029,000$5.3MAdd +23.3%
RAPID7 INC (RPD 0.25 03/15/27) NOTE 0.250% 3/1 · principal 5,680,000$5.2MAdd +18.8%
ZILLOW GROUP INC (Z 2.75 05/15/25) NOTE 2.750% 5/1 · principal 4,475,000$5.2MAdd +35.6%
INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) NOTE 0.500% 8/1 · principal 5,368,000$5.2MAdd +22.9%
GUIDEWIRE SOFTWARE INC (GWRE 1.25 03/15/25) NOTE 1.250% 3/1 · principal 3,460,000$5.1MNo change
TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) NOTE 1.500% 6/0 · principal 4,950,000$5.1MAdd +33.8%
VAIL RESORTS INC (MTN 0 01/01/26) NOTE 1/0 · principal 5,317,000$5.0MAdd +12.7%
ITRON INC (ITRI 0 03/15/26) NOTE 3/1 · principal 4,850,000$5.0MAdd +34.7%
LIVONGO HEALTH (TDOC 0.875 06/01/25) NOTE 0.875% 6/0 · principal 5,100,000$5.0MAdd +30.8%
INFINERA CORP (INFN 3.75 08/01/28) NOTE 3.750% 8/0 · principal 4,200,000$4.9MAdd +5.0%
ENPHASE ENERGY INC (ENPH 0 03/01/28) NOTE 3/0 · principal 5,944,000$4.9MAdd +16.7%
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) NOTE 0.750% 3/1 · principal 4,877,000$4.8MAdd +18.2%
NCL CORPORATION LTD (NCLH 2.5 02/15/27) NOTE 2.500% 2/1 · principal 4,600,000$4.8MAdd +27.8%
BURLINGTON STORES INC (BURL 1.25 12/15/27) NOTE 1.250%12/1 · principal 3,075,000$4.6MNew
ENOVIS CORP (ENOV 3.875 10/15/28) NOTE 3.875%10/1 · principal 4,319,000$4.6MNew
EXACT SCIENCES CORP (EXAS 0.375 03/01/28) NOTE 0.375% 3/0 · principal 5,160,000$4.5MAdd +6.2%
ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) NOTE 1.750% 8/1 · principal 5,000,000$4.5MAdd +20.5%
AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) NOTE 3.875% 8/1 · principal 4,475,000$4.4MReduce -55.3%
NIO INC (NIO 3.875 10/15/29) NOTE 3.875%10/1 · principal 5,950,000$4.4MNew
FIVE9 INC (FIVN 0.5 06/01/25) NOTE 0.500% 6/0 · principal 4,490,000$4.4MAdd +28.6%
NIO INC (NIO 4.625 10/15/30) NOTE 4.625%10/1 · principal 6,325,000$4.3MAdd +29.1%
PEABODY ENERGY CORP (BTU 3.25 03/01/28) NOTE 3.250% 3/0 · principal 3,425,000$4.3MAdd +26.9%
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal 2,750,000$4.2MNo change
PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) NOTE 1.750%12/0 · principal 2,975,000$4.0MAdd +24.0%
BRAEMAR HOTELS & RESORTS (BHR 5.5 PERP b) 5.5 CUM CV PFD B 289,741$4.0MReduce -0.9%
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal 3,273,000$4.0MAdd +10.1%
ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) NOTE 2.500% 7/1 · principal 4,025,000$3.9MAdd +17.5%
IMPINJ INC (PI 1.125 05/15/27) NOTE 1.125% 5/1 · principal 2,775,000$3.9MAdd +19.4%
PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) NOTE 2.750% 5/1 · principal 3,539,000$3.9MAdd +28.0%
JBT MAREL CORP (JBTM 0.25 05/15/26) NOTE 0.250% 5/1 · principal 3,900,000$3.9MAdd +21.9%
VARONIS SYSTEM INC (VRNS 1.25 08/15/25) NOTE 1.250% 8/1 · principal 2,658,000$3.9MAdd +24.1%
PENNYMAC CORP (PMT 5.5 03/15/26) NOTE 5.500% 3/1 · principal 3,935,000$3.9MAdd +35.2%
TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) NOTE 12/1 · principal 3,775,000$3.8MAdd +5.6%
WORLD KINECT GROUP (WKC 3.25 07/01/28) NOTE 3.250% 7/0 · principal 3,250,000$3.7MAdd +38.3%
SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) NOTE 0.250%12/0 · principal 6,125,000$3.6MAdd +28.3%
Q2 HOLDINGS INC (QTWO 0.75 06/01/26) NOTE 0.750% 6/0 · principal 2,830,000$3.5MAdd +14.1%
TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) NOTE 2.250% 3/0 · principal 3,625,000$3.5MAdd +33.0%
REDFIN CORP (RDFN 0.5 04/01/27) NOTE 0.500% 4/0 · principal 4,475,000$3.4MAdd +12.6%
CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) NOTE 2.375%12/1 · principal 2,650,000$3.4MAdd +8.2%
ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) NOTE 7.500% 8/0 · principal 3,401,000$3.4MAdd +33.4%
WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) NOTE 0.250% 2/1 · principal 7,250,000$3.3MAdd +27.2%
OKTA INC (OKTA 0.375 06/15/26) NOTE 0.375% 6/1 · principal 3,577,000$3.3MReduce -25.9%
CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) NOTE 0.375% 6/1 · principal 3,375,000$3.3MAdd +11.6%
ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) NOTE 0.250% 6/1 · principal 3,675,000$3.3MAdd +10.5%
AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) NOTE 2.000% 3/1 · principal 3,425,000$3.2MAdd +15.1%

Largest 200 of 239 shown.

Total filed on the 13F, all lines: $4.93T.

Portfolio Sells Q3 2024 → Q4 2024
UNH Unitedhealth Group Inc. Reduce -2.2% 0.74% −0.17
KO The Coca-Cola Co. Reduce -3.7% 0.39% −0.09
XOM Exxon Mobil Corp. Reduce -0.1% 0.67% −0.09
ELV Elevance Health Inc. Reduce -2.8% 0.15% −0.08
TMO Thermo Fisher Scientific Inc. Reduce -1.1% 0.30% −0.08
AMGN Amgen Inc. Reduce -1.3% 0.24% −0.07
TIP iShares Tips Bond ETF Reduce -78.4% 0.02% −0.07
LIN Linde PLC Reduce -2.2% 0.30% −0.06
LMT Lockheed Martin Corp. Reduce -6.2% 0.16% −0.05
PLD Prologis Inc. Reduce -0.6% 0.20% −0.05
MPWR Monolithic Power Systems Inc. Reduce -6.6% 0.07% −0.05
NEM Newmont Corp. Reduce -2.2% 0.09% −0.05
CI The Cigna Group Reduce -3.0% 0.13% −0.05
HCA HCA Healthcare Inc. Reduce -7.0% 0.09% −0.04
CVX Chevron Corp. Reduce -5.7% 0.36% −0.04
CMCSA Comcast Corp. Class A Reduce -0.3% 0.23% −0.04
SMCI Super Micro Computer Inc. Sold out 0.00% −0.04
LRCX Lam Research Corp. Reduce -0.3% 0.18% −0.03
IVV iShares Core S&P 500 ETF Reduce -2.0% 0.80% −0.03
IDXX Idexx Laboratories Inc. Reduce -10.0% 0.07% −0.03
PDD PDD Holdings Inc. Reduce -0.3% 0.06% −0.03
AGG iShares Core U.S. Aggregate Reduce -15.9% 0.08% −0.02
MRO Marathon Oil Corp. Sold out 0.00% −0.02
NU Nu Holdings Ltd./Cayman Isl-A Reduce -3.5% 0.05% −0.02
UPS United Parcel Service Class B Reduce -3.9% 0.13% −0.02
KMB Kimberly-Clark Corp. Reduce -11.6% 0.08% −0.02
ADI Analog Devices Inc. Reduce -0.1% 0.17% −0.02
ED Consolidated Edison Inc. Reduce -6.2% 0.07% −0.02
CTLT Catalent Inc. Sold out 0.00% −0.02
TGT Target Corp. Reduce -2.3% 0.09% −0.02
CNC Centene Corp. Reduce -6.8% 0.05% −0.02
DOW Dow Inc. Reduce -3.9% 0.04% −0.02
NUE Nucor Corp. Reduce -3.6% 0.05% −0.02
MPC Marathon Petroleum Corp. Reduce -2.4% 0.07% −0.02
ACGL Arch Capital Group Ltd. Reduce -0.1% 0.06% −0.02
SBUX Starbucks Corp. Reduce -0.2% 0.14% −0.02
ENPH Enphase Energy Inc. Reduce -0.5% 0.02% −0.02
PSX Phillips 66 Reduce -1.8% 0.07% −0.02
IEFA iShares Core MSCI Eafe ETF Reduce -16.7% 0.04% −0.01
ROP Roper Technologies Inc. Reduce -4.1% 0.09% −0.01
EFX Equifax Inc. Reduce -10.4% 0.04% −0.01
SYK Stryker Corp. Reduce -2.9% 0.20% −0.01
HPQ HP Inc. Reduce -4.3% 0.07% −0.01
SWN Southwestern Energy Co. Sold out 0.00% −0.01
SLB SLB Ltd. Reduce -0.4% 0.09% −0.01
BLDR Builders Firstsource Inc. Reduce -2.0% 0.03% −0.01
KHC The Kraft Heinz Co. Reduce -0.7% 0.06% −0.01
TEL Te Connectivity PLC Reduce -6.3% 0.07% −0.01
CSL Carlisle Cos Inc. Reduce -5.2% 0.03% −0.01
EXPD Expeditors Intl Wash Inc. Reduce -7.0% 0.03% −0.01

Portfolio Buys Q3 2024 → Q4 2024
TSLA Tesla Inc. Add +3.8% 1.66% +0.58
AMZN Amazon.com Inc. Add +3.2% 3.07% +0.45
AVGO Broadcom Inc. Add +2.8% 1.72% +0.43
NVDA Nvidia Corp. Add +2.0% 5.15% +0.41
AAPL Apple Inc. Add +2.7% 5.71% +0.34
GOOGL Alphabet Inc. Class A Add +1.2% 1.66% +0.17
PLTR Palantir Technologies Inc. Class A Add +9.2% 0.26% +0.14
GOOG Alphabet Inc. Class C Add +0.2% 1.38% +0.13
V Visa Inc. Class A Add +4.3% 0.88% +0.12
NFLX Netflix Inc. Add +1.3% 0.58% +0.11
JPM JPMorgan Chase & Co. Add +2.1% 1.01% +0.11
CRM Salesforce Inc. Add +4.3% 0.52% +0.10
APP AppLovin Corp. Class A Add +40.7% 0.13% +0.09
NOW ServiceNow Inc. Add +6.8% 0.39% +0.07
BA The Boeing Co. Add +41.8% 0.18% +0.07
SPOT Spotify Technology SA Add +150.2% 0.09% +0.06
APO Apollo Global Management Inc. Add +45.7% 0.11% +0.05
MRVL Marvell Technology Inc. Add +3.1% 0.14% +0.05
MS Morgan Stanley Add +7.1% 0.24% +0.05
WMT Walmart Inc. Add +0.4% 0.62% +0.05
STIP iShares 0-5 Year Tips Bond E Add +1221.8% 0.05% +0.05
BAC Bank of America Corp. Add +3.7% 0.47% +0.05
BKNG Booking Holdings Inc. Add +6.6% 0.26% +0.05
DIS The Walt Disney Co. Add +3.8% 0.29% +0.04
MSTR Strategy Inc. Add +18.8% 0.07% +0.03
MA Mastercard Inc. Class A Add +1.7% 0.75% +0.03
GS Goldman Sachs Group Inc. Add +0.5% 0.28% +0.03
GEV GE Vernova Inc. Add +5.1% 0.13% +0.03
DOCU Docusign Inc. Add +73.8% 0.05% +0.03
FISV Fiserv Inc. Add +6.6% 0.17% +0.03
SMCI Super Micro Computer Inc. New 0.03% +0.03
EXE Expand Energy Corp. Add +84.4% 0.05% +0.03
BSX Boston Scientific Corp. Add +8.0% 0.25% +0.02
HON Honeywell International Inc. Add +7.4% 0.20% +0.02
WDAY Workday Inc. Class A Add +29.3% 0.09% +0.02
AXP American Express Co. Add +3.3% 0.26% +0.02
RCL Royal Caribbean Cruises Ltd. Add +7.5% 0.08% +0.02
ANET Arista Networks Inc. Add +1.4% 0.19% +0.02
CRWD CrowdStrike Holdings Inc. Class A Add +1.6% 0.13% +0.02
ISRG Intuitive Surgical Inc. Add +3.9% 0.33% +0.02
COST Costco Wholesale Corp. Add +3.6% 0.65% +0.02
LULU Lululemon Athletica Inc. Add +1.6% 0.07% +0.02
COIN Coinbase Global Inc. Class A Add +8.9% 0.06% +0.02
TEAM Atlassian Corp. Class A Add +8.7% 0.05% +0.02
WMB Williams Cos Inc. Add +4.2% 0.12% +0.02
KKR KKR & Co. Inc. Add +6.3% 0.14% +0.02
SNOW Snowflake Inc. Add +14.4% 0.06% +0.02
C Citigroup Inc. Add +0.3% 0.23% +0.02
COF Capital One Financial Corp. Add +7.2% 0.10% +0.02
BX Blackstone Inc. Add +3.1% 0.17% +0.02

Options Activity Q3 2024 → Q4 2024
SPY SS SPDR S&P 500 ETF Trust-US put Add +25.6% 4,718,300 $2.8B
GLD SPDR Gold Shares call Reduce -7.5% 6,775,400 $1.6B
SPY SS SPDR S&P 500 ETF Trust-US call Reduce -56.5% 2,476,800 $1.5B
NVDA Nvidia Corp. call Add +30.1% 3,864,800 $519.0M
IVV iShares Core S&P 500 ETF put Add +47.6% 767,300 $451.7M
META Meta Platforms Inc. Class A call Reduce -10.4% 765,500 $448.2M
AAPL Apple Inc. call Reduce -73.7% 1,370,000 $343.1M
ALPHABET INC call Add +648.5% 1,699,100 $323.6M
JPM JPMorgan Chase & Co. call Sold out 1,414,200 $298.2Mbefore exit
AMZN Amazon.com Inc. call Add +10.0% 1,266,500 $277.9M
WMT Walmart Inc. call Reduce -9.2% 2,631,800 $237.8M
NOW ServiceNow Inc. put New 201,100 $213.2M
HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Reduce -51.0% 2,700,000 $212.4M
NFLX Netflix Inc. call New 223,900 $199.6M
MU Micron Technology Inc. call Sold out 1,633,000 $169.4Mbefore exit
TSLA Tesla Inc. call Sold out 627,000 $164.0Mbefore exit
COP Conocophillips call Sold out 1,451,300 $152.8Mbefore exit
UBER Uber Technologies Inc. call New 2,348,300 $141.6M
EQT Eqt Corp. call New 2,916,500 $134.5M
HUBS HubSpot Inc. put New 193,000 $134.5M
CRM Salesforce Inc. call New 396,000 $132.4M
UAL United Airlines Holdings Inc. call New 1,323,800 $128.5M
ALPHABET INC put Sold out 764,000 $127.7Mbefore exit
FCX Freeport-McMoran Inc. call Sold out 2,552,500 $127.4Mbefore exit
TRANE TECHNOLOGIES PLC call Sold out 313,300 $121.8Mbefore exit
MSFT Microsoft Corp. call Add +11.4% 261,800 $110.3M
MRK Merck & Co. Inc. put Sold out 923,000 $104.8Mbefore exit
DHI D.R. Horton Inc. call Sold out 525,900 $100.3Mbefore exit
DDOG Datadog Inc. Class A put New 699,700 $100.0M
COST Costco Wholesale Corp. call Reduce -26.6% 104,400 $95.7M
AVGO Broadcom Inc. put New 412,500 $95.6M
HD Home Depot Inc. call Reduce -27.3% 238,400 $92.7M
V Visa Inc. Class A call New 269,500 $85.2M
BSX Boston Scientific Corp. call Sold out 957,500 $80.2Mbefore exit
TSM Taiwan Semiconductor-SP ADR call Add +84.7% 403,500 $79.7M
DELL Dell Technologies -C call New 677,200 $78.0M
LOW Lowe's Cos Inc. call New 294,100 $72.6M
EWY iShares MSCI South Korea ETF call New 1,272,700 $64.8M
COF Capital One Financial Corp. call Add +11.9% 353,100 $63.0M
XLU St Sr Utl SL SE SPDR ETF-Usd put New 750,000 $56.8M
XOP SS SPDR S&P Og Exp & Prod call Sold out 400,000 $52.6Mbefore exit
DIS The Walt Disney Co. call Reduce -25.9% 467,100 $52.0M
ADBE Adobe Inc. call New 105,900 $47.1M
EW Edwards Lifesciences Corp. call Sold out 644,500 $42.5Mbefore exit
HUM Humana Inc. call Sold out 134,000 $42.4Mbefore exit
XLP SS Consumer Staples Sel Sect put Sold out 500,000 $41.5Mbefore exit
DKNG Draftkings Inc. Class A call New 975,900 $36.3M
AVGO Broadcom Inc. call Sold out 207,500 $35.8Mbefore exit
IWM iShares Russell 2000 ETF put Sold out 155,000 $34.2Mbefore exit
FITB Fifth Third Bancorp call Reduce -57.2% 787,400 $33.3M

Showing the first 50 of 75.

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
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A New 12,171,252 $741.1M
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Add +2.1% 294,605 $351.8M
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV Reduce -9.3% 2,487,811 $216.2M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Add +0.7% 155,163 $189.2M
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Reduce -8.7% 4,283,475 $174.3M
NEXTERA ENERGY INC (NEE 7.299 06/01/27) UNIT 06/01/2027 Reduce -9.3% 3,435,024 $167.6M
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV Reduce -8.7% 2,595,985 $162.8M
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD New 2,576,150 $141.8M
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 Reduce -9.3% 3,435,024 $140.6M
NEXTERA ENERGY INC (NEE 7.234 11/01/27) UNIT 11/01/2027 New 2,588,036 $118.0M
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal Reduce -2.3% 110,336,000 $117.3M
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal New 75,295,000 $82.8M
FIRSTENERGY CORP (FE 4 05/01/26) NOTE 4.000% 5/0 · principal Add +4.5% 71,221,000 $71.5M
RBC BEARINGS INC (RBC 5 10/15/24 A) 5% CNV PFD SR A Sold out 435,630 $57.8Mbefore exit
AXON ENTERPRISE INC (AXON 0.5 12/15/27) NOTE 0.500%12/1 · principal Reduce -31.7% 21,993,000 $57.3M
AIRBNB INC (ABNB 0 03/15/26) NOTE 3/1 · principal Add +4.1% 55,545,000 $52.1M
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal Reduce -20.7% 45,454,000 $51.7M
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal New 47,353,000 $51.4M
CLOUDFLARE INC (NET 0 08/15/26) NOTE 8/1 · principal Add +46.8% 53,305,000 $51.0M
CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) 6.75DP CNV PFD B Reduce -9.3% 696,629 $49.1M
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal Add +2.8% 38,995,000 $47.0M
BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) UNIT 02/01/2027 Reduce -9.3% 687,035 $43.0M
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) NOTE 2.875% 3/1 · principal Add +370.9% 38,672,000 $40.3M
SNAP INC (SNAP 0.125 03/01/28) NOTE 0.125% 3/0 · principal Add +8.1% 49,215,000 $40.3M
FRESHPET INC (FRPT 3 04/01/28) NOTE 3.000% 4/0 · principal Add +6.4% 18,170,000 $40.2M
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal Reduce -38.5% 35,050,000 $37.3M
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal Add +210.3% 40,425,000 $36.2M
WORKIVA INC (WK 1.25 08/15/28) NOTE 1.250% 8/1 · principal Add +514.4% 33,180,000 $35.1M
CABLE ONE INC (CABO 1.125 03/15/28) NOTE 1.125% 3/1 · principal Add +2.2% 40,542,000 $33.3M
DISH NETWORK CORP (DISH 0 12/15/25) NOTE 12/1 · principal Reduce -56.5% 36,000,000 $32.2M
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal Add +25.2% 34,062,000 $32.1M
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) NOTE 0.250% 3/0 · principal Add +5.5% 32,580,000 $31.1M
BROOKDALE SENIOR LIVING (BKD 2 10/15/26) NOTE 2.000%10/1 · principal Sold out 28,000,000 $29.5Mbefore exit
INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) NOTE 2.125% 2/1 · principal Reduce -5.1% 17,700,000 $28.3M
RLJ LODGING TRUST (RLJ 1.95 PERP A) CUM CONV PFD A Reduce -8.3% 1,115,073 $27.4M
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal New 26,028,000 $27.3M
SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) NOTE 12/1 · principal Add +8.5% 20,200,000 $27.1M
IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) NOTE 1.750% 6/1 · principal Add +14.4% 26,800,000 $26.3M
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) NOTE 4.250% 8/1 · principal Add +12.9% 25,120,000 $25.7M
CONFLUENT INC (CFLT 0 01/15/27) NOTE 1/1 · principal Add +35.1% 28,025,000 $25.2M
IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) NOTE 4/0 · principal Add +13.8% 26,022,000 $25.1M
GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) NOTE 3.750% 5/1 · principal Reduce -3.1% 12,680,000 $24.9M
DUKE ENERGY CORP (DUK 4.125 04/15/26) NOTE 4.125% 4/1 · principal Add +18.9% 23,871,000 $24.5M
ADVANCED ENERGY IND (AEIS 2.5 09/15/28) NOTE 2.500% 9/1 · principal Add +14.9% 22,460,000 $24.5M
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) NOTE 0.125% 1/1 · principal Add +7.0% 24,361,000 $23.6M
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal Add +28.2% 23,890,000 $23.1M
UBER TECHNOLOGIES INC (UBER 0 12/15/25) NOTE 12/1 · principal Add +2.6% 22,248,000 $22.4M
BLOCK INC (XYZ 0 05/01/26) NOTE 5/0 · principal Add +12.6% 23,905,000 $22.2M
BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) NOTE 0.750% 5/0 · principal Add +18.5% 8,331,000 $22.0M
ENPHASE ENERGY INC (ENPH 0 03/01/26) NOTE 3/0 · principal Add +17.3% 23,558,000 $22.0M

Showing the first 50 of 246.

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 5,409$6.70TNVDA, AAPL, MSFT, AMZN, GOOGL
Q1 2026 5,366$5.69TNVDA, AAPL, MSFT, AMZN, GOOGL
Q4 2025 5,234$5.88TNVDA, AAPL, MSFT, AMZN, GOOGL
Q3 2025 5,155$5.67TNVDA, MSFT, AAPL, AMZN, AVGO
Q2 2025 5,133$5.22TNVDA, MSFT, AAPL, AMZN, META
Q1 2025 5,138$4.73TAAPL, MSFT, NVDA, AMZN, META
Q4 2024 5,093$4.93TAAPL, NVDA, MSFT, AMZN, META
Q3 2024 4,923$4.75TAAPL, MSFT, NVDA, AMZN, META