BNP Paribas
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), BNP Paribas reported 339 stock positions worth $3.1 billion. Its top holding was Ishr Ibx Usd Hiyld CB ETF-Ui (HYG) at 11.9% of the portfolio, followed by Microsoft (MSFT, 6.6%) and Nvidia (NVDA, 4.5%). Compared with Q1 2025, it opened 24 new positions, sold out of 39, added to 124 and reduced 117. The biggest buy was Ishr Ibx Usd Hiyld CB ETF-Ui (HYG, shares +296%) and the biggest sale Apple (AAPL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000872786
- Portfolio Value
- $3.1B (Q2 2025)
- SEC Filing
- 0000872786-25-000027 ↗ filed Aug 14, 2025
Holdings Value
Holdings 339 stocks · $3.1B
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 11.87% | 4,535,242 | $365.8M | Add +296.1% |
| MSFT Microsoft Corp. | 6.56% | 405,943 | $202.0M | Add +7.5% |
| NVDA Nvidia Corp. | 4.53% | 883,168 | $139.6M | Add +2.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 4.26% | 1,196,854 | $131.2M | Add +420.8% |
| AMZN Amazon.com Inc. | 3.86% | 539,590 | $119.0M | Reduce -2.1% |
| AAPL Apple Inc. | 3.25% | 489,105 | $100.2M | Reduce -1.7% |
| JPM JPMorgan Chase & Co. | 2.83% | 299,899 | $87.2M | Add +22.6% |
| AVGO Broadcom Inc. | 2.62% | 293,440 | $80.6M | Reduce -14.5% |
| GOOG Alphabet Inc. Class C | 2.50% | 433,193 | $76.9M | Add +6.5% |
| BKLN Invesco Senior Loan ETF | 2.17% | 3,189,985 | $66.7M | Add +31.1% |
| V Visa Inc. Class A | 1.93% | 167,873 | $59.4M | Reduce -4.9% |
| PANW Palo Alto Networks Inc. | 1.85% | 279,390 | $57.0M | Add +4.4% |
| META Meta Platforms Inc. Class A | 1.84% | 76,992 | $56.8M | Add +6.6% |
| GOOGL Alphabet Inc. Class A | 1.68% | 292,379 | $51.9M | Add +6.5% |
| KO The Coca-Cola Co. | 1.46% | 638,232 | $45.1M | Add +1.9% |
| CRM Salesforce Inc. | 1.38% | 156,303 | $42.7M | Add +89.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.30% | 82,227 | $40.0M | Add +3.8% |
| PH Parker Hannifin Corp. | 1.29% | 56,793 | $39.7M | Reduce -0.2% |
| AMAT Applied Materials Inc. | 1.28% | 215,366 | $39.4M | Add +1.6% |
| NOW ServiceNow Inc. | 1.28% | 38,303 | $39.3M | Reduce -2.7% |
| MCK McKesson Corp. | 1.26% | 53,259 | $38.9M | Add +14.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.22% | 303,949 | $37.7M | Reduce -16.2% |
| TSM Taiwan Semiconductor-SP ADR | 1.20% | 163,743 | $37.1M | Reduce -0.2% |
| WMT Walmart Inc. | 1.19% | 375,913 | $36.7M | Add +5.0% |
| BKNG Booking Holdings Inc. | 1.11% | 5,939 | $34.3M | Reduce -4.0% |
| SNPS Synopsys Inc. | 1.08% | 65,126 | $33.3M | Add +2.4% |
| NFLX Netflix Inc. | 0.99% | 22,755 | $30.4M | Add +76.8% |
| SPGI S&P Global Inc. | 0.97% | 56,875 | $29.9M | Add +3.3% |
| CSCO Cisco Systems Inc. | 0.95% | 420,846 | $29.2M | Add +89.2% |
| LLY Eli Lilly & Co. | 0.93% | 36,639 | $28.5M | Add +0.5% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.86% | 83,025 | $26.5M | Add +0.8% |
| TMO Thermo Fisher Scientific Inc. | 0.85% | 64,675 | $26.3M | Add +9.9% |
| MA Mastercard Inc. Class A | 0.81% | 44,561 | $25.0M | Add +8.6% |
| ZTS Zoetis Inc. | 0.78% | 153,450 | $24.0M | Add +13.0% |
| ORCL Oracle Corp. | 0.74% | 104,077 | $22.7M | Add +18.9% |
| TMUS T-Mobile US Inc. | 0.72% | 92,796 | $22.1M | Add +0.0% |
| UBER Uber Technologies Inc. | 0.64% | 210,131 | $19.6M | Add +10.5% |
| AMD Advanced Micro Devices | 0.64% | 137,821 | $19.6M | Add +29.7% |
| RACE Ferrari NV | 0.60% | 37,955 | $18.5M | Add +6677.7% |
| PLD Prologis Inc. | 0.60% | 174,208 | $18.3M | Add +4.7% |
| ISRG Intuitive Surgical Inc. | 0.53% | 30,021 | $16.3M | Add +16.1% |
| XOM Exxon Mobil Corp. | 0.49% | 139,528 | $15.1M | Reduce -5.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.42% | 44,208 | $13.0M | Add +12.9% |
| T AT&T Inc. | 0.41% | 434,616 | $12.6M | Add +3473.6% |
| HD Home Depot Inc. | 0.41% | 34,167 | $12.5M | Reduce -9.9% |
| BSX Boston Scientific Corp. | 0.40% | 112,255 | $12.2M | Add +194.2% |
| EXC Exelon Corp. | 0.39% | 278,965 | $12.1M | Add +20.5% |
| CAT Caterpillar Inc. | 0.39% | 30,924 | $12.0M | Add +21.0% |
| HDB HDFC Bank Ltd.-ADR | 0.39% | 156,080 | $12.0M | Reduce -7.3% |
| WM Waste Management Inc. | 0.38% | 51,761 | $11.8M | Add +25.0% |
| BN Brookfield Corp. | 0.38% | 190,371 | $11.7M | Add +0.6% |
| PG The Procter & Gamble Co. | 0.38% | 73,651 | $11.7M | Reduce -0.9% |
| MELI MercadoLibre Inc. | 0.38% | 4,442 | $11.6M | Reduce -23.7% |
| UNP Union Pacific Corp. | 0.37% | 49,595 | $11.4M | Add +9.5% |
| VCIT Vanguard Int-Term Corporate | 0.36% | 134,712 | $11.2M | Reduce -59.3% |
| ICE Intercontinental Exchange Inc. | 0.36% | 60,807 | $11.2M | Add +21.4% |
| HON Honeywell International Inc. | 0.34% | 44,479 | $10.3M | Reduce -4.0% |
| CRH CRH PLC | 0.33% | 111,000 | $10.2M | Reduce -58.2% |
| NCLO Nuveen Aa-BBB Clo ETF | 0.33% | 400,000 | $10.0M | No change |
| ED Consolidated Edison Inc. | 0.33% | 100,009 | $10.0M | New |
| SCHW Schwab (charles) Corp. | 0.32% | 108,729 | $9.9M | Add +5.2% |
| MCD McDonald's Corp. | 0.32% | 33,671 | $9.8M | Reduce -0.4% |
| CMG Chipotle Mexican Grill Inc. | 0.31% | 170,246 | $9.6M | Reduce -15.5% |
| GILD Gilead Sciences Inc. | 0.31% | 85,495 | $9.5M | Add +0.2% |
| MRSH Marsh & McLennan Cos | 0.29% | 41,401 | $9.1M | Add +4.7% |
| VCLT Vanguard Long-Term Corp. Bond | 0.29% | 118,378 | $9.0M | Add +2534.1% |
| VMC Vulcan Materials Co. | 0.29% | 34,445 | $9.0M | Add +36.0% |
| ABBV Abbvie Inc. | 0.29% | 48,120 | $8.9M | Add +0.7% |
| PWR Quanta Services Inc. | 0.29% | 23,051 | $8.9M | Add +4375.9% |
| BABA Alibaba Group Holding-SP ADR | 0.29% | 77,652 | $8.8M | Reduce -1.2% |
| MDLZ Mondelez International Inc. Class A | 0.28% | 128,356 | $8.7M | Reduce -3.0% |
| SYK Stryker Corp. | 0.28% | 21,682 | $8.6M | Reduce -4.1% |
| WDAY Workday Inc. Class A | 0.26% | 33,510 | $8.0M | Reduce -5.3% |
| PFE Pfizer Inc. | 0.25% | 318,903 | $7.7M | Reduce -4.8% |
| BLK BlackRock Inc. | 0.25% | 7,318 | $7.7M | Add +1.2% |
| MRK Merck & Co. Inc. | 0.24% | 94,275 | $7.5M | Reduce -27.5% |
| CL Colgate-Palmolive Co. | 0.24% | 82,025 | $7.5M | Add +16.1% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.21% | 72,184 | $6.6M | Add +39.2% |
| DRI Darden Restaurants Inc. | 0.21% | 29,309 | $6.4M | Reduce -4.4% |
| MRVL Marvell Technology Inc. | 0.19% | 75,003 | $5.8M | Reduce -3.7% |
| PLTR Palantir Technologies Inc. Class A | 0.19% | 41,262 | $5.7M | Add +428.6% |
| OTIS Otis Worldwide Corp. | 0.18% | 58,127 | $5.7M | Reduce -2.6% |
| ADBE Adobe Inc. | 0.18% | 14,444 | $5.6M | Reduce -36.2% |
| MCO Moody's Corp. | 0.18% | 10,884 | $5.5M | Reduce -6.1% |
| AMGN Amgen Inc. | 0.18% | 19,358 | $5.4M | Add +0.9% |
| BKR Baker Hughes Co. | 0.17% | 107,970 | $5.1M | Add +4217.1% |
| GEV GE Vernova Inc. | 0.16% | 9,567 | $5.1M | Reduce -42.8% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.15% | 140,878 | $4.8M | Reduce -2.0% |
| DDOG Datadog Inc. Class A | 0.15% | 34,812 | $4.7M | Add +528.7% |
| SE Sea Ltd.-ADR | 0.15% | 28,907 | $4.6M | Add +34.9% |
| DASH DoorDash Inc. Class A | 0.15% | 18,647 | $4.6M | New |
| PEP Pepsico Inc. | 0.14% | 33,398 | $4.4M | Reduce -21.7% |
| BX Blackstone Inc. | 0.14% | 28,777 | $4.3M | Add +5895.2% |
| APD Air Products & Chemicals Inc. | 0.14% | 15,037 | $4.3M | Add +7.3% |
| NEM Newmont Corp. | 0.13% | 71,396 | $4.2M | Reduce -7.0% |
| CMCSA Comcast Corp. Class A | 0.13% | 116,575 | $4.1M | Add +6.0% |
| GS Goldman Sachs Group Inc. | 0.13% | 5,849 | $4.1M | Reduce -58.3% |
| EMR Emerson Electric Co. | 0.13% | 29,177 | $3.9M | Reduce -6.0% |
| PGR Progressive Corp. | 0.13% | 14,536 | $3.9M | Add +697.4% |
| VRT Vertiv Holdings Co. Class A | 0.13% | 30,043 | $3.9M | Add +1923.1% |
Lines left out (2) · $153K — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| SPY SS SPDR S&P 500 ETF Trust-US | TR UNIT | 0 | $145K |
| WIT Wipro Ltd.-ADR | SPON ADR 1 SH | 0 | $8K |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $3.1B.
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -1.7% | 3.25% | −1.34 |
| VCIT Vanguard Int-Term Corporate | Reduce -59.3% | 0.36% | −0.76 |
| AMZN Amazon.com Inc. | Reduce -2.1% | 3.86% | −0.70 |
| V Visa Inc. Class A | Reduce -4.9% | 1.93% | −0.64 |
| CRH CRH PLC | Reduce -58.2% | 0.33% | −0.63 |
| UNH Unitedhealth Group Inc. | Reduce -68.1% | 0.11% | −0.61 |
| BAC Bank of America Corp. | Reduce -99.0% | 0.00% | −0.35 |
| GS Goldman Sachs Group Inc. | Reduce -58.3% | 0.13% | −0.32 |
| VRSK Verisk Analytics Inc. | Reduce -94.9% | 0.01% | −0.31 |
| DIS The Walt Disney Co. | Reduce -16.2% | 1.22% | −0.26 |
| ARES Ares Management Corp. Class A | Reduce -97.2% | 0.00% | −0.25 |
| MRK Merck & Co. Inc. | Reduce -27.5% | 0.24% | −0.24 |
| XOM Exxon Mobil Corp. | Reduce -5.4% | 0.49% | −0.24 |
| MSCI MSCI Inc. | Reduce -55.4% | 0.11% | −0.20 |
| ADBE Adobe Inc. | Reduce -36.2% | 0.18% | −0.18 |
| HD Home Depot Inc. | Reduce -9.9% | 0.41% | −0.17 |
| BABA Alibaba Group Holding-SP ADR | Reduce -1.2% | 0.29% | −0.14 |
| PG The Procter & Gamble Co. | Reduce -0.9% | 0.38% | −0.14 |
| FTNT Fortinet Inc. | Reduce -45.8% | 0.12% | −0.14 |
| PH Parker Hannifin Corp. | Reduce -0.2% | 1.29% | −0.14 |
| PEP Pepsico Inc. | Reduce -21.7% | 0.14% | −0.12 |
| MCD McDonald's Corp. | Reduce -0.4% | 0.32% | −0.12 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -64.8% | 0.07% | −0.11 |
| CMG Chipotle Mexican Grill Inc. | Reduce -15.5% | 0.31% | −0.11 |
| STLA Stellantis NV | Reduce -30.7% | 0.10% | −0.11 |
| PFE Pfizer Inc. | Reduce -4.8% | 0.25% | −0.10 |
| SLB SLB Ltd. | Reduce -2.0% | 0.15% | −0.10 |
| MELI MercadoLibre Inc. | Reduce -23.7% | 0.38% | −0.09 |
| MDLZ Mondelez International Inc. Class A | Reduce -3.0% | 0.28% | −0.09 |
| WDAY Workday Inc. Class A | Reduce -5.3% | 0.26% | −0.08 |
| IVV iShares Core S&P 500 ETF | Reduce -34.4% | 0.11% | −0.08 |
| HDB HDFC Bank Ltd.-ADR | Reduce -7.3% | 0.39% | −0.08 |
| CDNS Cadence Design SYS Inc. | Reduce -81.5% | 0.02% | −0.07 |
| BKNG Booking Holdings Inc. | Reduce -4.0% | 1.11% | −0.07 |
| HON Honeywell International Inc. | Reduce -4.0% | 0.34% | −0.07 |
| SYK Stryker Corp. | Reduce -4.1% | 0.28% | −0.07 |
| FICO Fair Isaac Corp. | Reduce -33.4% | 0.02% | −0.07 |
| OTIS Otis Worldwide Corp. | Reduce -2.6% | 0.18% | −0.07 |
| DRI Darden Restaurants Inc. | Reduce -4.4% | 0.21% | −0.06 |
| PCAR Paccar Inc. | Sold out | 0.00% | −0.06 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.05 |
| GOVT iShares US Treasury Bond ETF | Reduce -29.0% | 0.06% | −0.05 |
| VLTO Veralto Corp. | Reduce -99.7% | 0.00% | −0.05 |
| KEX Kirby Corp. | Sold out | 0.00% | −0.05 |
| GEV GE Vernova Inc. | Reduce -42.8% | 0.16% | −0.05 |
| MCO Moody's Corp. | Reduce -6.1% | 0.18% | −0.05 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.04 |
| EG Everest Group Ltd. | Sold out | 0.00% | −0.04 |
| TEAM Atlassian Corp. Class A | Reduce -51.3% | 0.02% | −0.04 |
| NEE Nextera Energy Inc. | Reduce -6.0% | 0.10% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +296.1% | 11.87% | +8.13 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +420.8% | 4.26% | +3.22 |
| RACE Ferrari NV | Add +6677.7% | 0.60% | +0.59 |
| CRM Salesforce Inc. | Add +89.5% | 1.38% | +0.47 |
| T AT&T Inc. | Add +3473.6% | 0.41% | +0.39 |
| CSCO Cisco Systems Inc. | Add +89.2% | 0.95% | +0.38 |
| ED Consolidated Edison Inc. | New | 0.33% | +0.33 |
| MSFT Microsoft Corp. | Add +7.5% | 6.56% | +0.30 |
| VCLT Vanguard Long-Term Corp. Bond | Add +2534.1% | 0.29% | +0.28 |
| NFLX Netflix Inc. | Add +76.8% | 0.99% | +0.21 |
| AMD Advanced Micro Devices | Add +29.7% | 0.64% | +0.18 |
| NVDA Nvidia Corp. | Add +2.5% | 4.53% | +0.18 |
| DASH DoorDash Inc. Class A | New | 0.15% | +0.15 |
| BX Blackstone Inc. | Add +5895.2% | 0.14% | +0.14 |
| PLTR Palantir Technologies Inc. Class A | Add +428.6% | 0.19% | +0.13 |
| DDOG Datadog Inc. Class A | Add +528.7% | 0.15% | +0.13 |
| ORCL Oracle Corp. | Add +18.9% | 0.74% | +0.12 |
| VRT Vertiv Holdings Co. Class A | Add +1923.1% | 0.13% | +0.12 |
| BKLN Invesco Senior Loan ETF | Add +31.1% | 2.17% | +0.08 |
| DELL Dell Technologies -C | Add +227.4% | 0.10% | +0.07 |
| LIN Linde PLC | New | 0.06% | +0.06 |
| TDG Transdigm Group Inc. | New | 0.06% | +0.06 |
| AXP American Express Co. | Add +1217.8% | 0.07% | +0.06 |
| VMC Vulcan Materials Co. | Add +36.0% | 0.29% | +0.05 |
| CAT Caterpillar Inc. | Add +21.0% | 0.39% | +0.04 |
| PWR Quanta Services Inc. | Add +4375.9% | 0.29% | +0.04 |
| UBER Uber Technologies Inc. | Add +10.5% | 0.64% | +0.04 |
| SE Sea Ltd.-ADR | Add +34.9% | 0.15% | +0.03 |
| BNY Bank of New York Mellon Corp. | Add +39.2% | 0.21% | +0.03 |
| META Meta Platforms Inc. Class A | Add +6.6% | 1.84% | +0.02 |
| CHTR Charter Communications Inc. Class A | New | 0.02% | +0.02 |
| IEI iShares 3-7 Year Treasury Bo | Add +93.1% | 0.07% | +0.02 |
| VEEV Veeva Systems Inc. Class A | Add +23.7% | 0.09% | +0.01 |
| MAGS Roundhill Magnificent Seven | New | 0.01% | +0.01 |
| IBM Intl Business Machines Corp. | Add +12.9% | 0.42% | +0.01 |
| DLR Digital Realty Trust Inc. | Add +35.5% | 0.05% | +0.01 |
| SCHO Schwab Short-Term US Treas | Add +126.5% | 0.02% | +0.01 |
| ARM Arm Holdings PLC-ADR | Add +3.2% | 0.05% | +0.01 |
| FIS Fidelity National Info Serv | Add +43.4% | 0.05% | +0.01 |
| IMO Imperial Oil Ltd. | New | 0.01% | +0.01 |
| TPR Tapestry Inc. | New | 0.01% | +0.01 |
| MLM Martin Marietta Materials | Add +27.0% | 0.06% | +0.01 |
| MMM 3M Co. | Add +98.0% | 0.02% | +0.01 |
| AMAT Applied Materials Inc. | Add +1.6% | 1.28% | +0.01 |
| HWM Howmet Aerospace Inc. | Add +10.7% | 0.03% | +0.01 |
| TKO Tko Group Holdings Inc. | Add +147.0% | 0.01% | +0.01 |
| PDD PDD Holdings Inc. | New | 0.01% | +0.01 |
| JBL Jabil Inc. | New | 0.00% | +0.00 |
| ICE Intercontinental Exchange Inc. | Add +21.4% | 0.36% | +0.00 |
| MNST Monster Beverage Corp. | Add +198.0% | 0.01% | +0.00 |
Notes & Other Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | TR UNIT | Reduce -100.0% | 0 | $145K |
| WIT Wipro Ltd.-ADR | SPON ADR 1 SH | Reduce -100.0% | 0 | $8K |
| AIM Aim Immunotech Inc. | COM NEW | New | 0 | $0 |
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 | 328 | $3.7B | LQD, HYG, BKLN, NVDA, MSFT |
| Q1 2026 | 333 | $3.1B | LQD, HYG, MSFT, NVDA, AAPL |
| Q4 2025 | 348 | $3.5B | HYG, LQD, MSFT, NVDA, AAPL |
| Q3 2025 | 329 | $3.3B | HYG, LQD, MSFT, NVDA, AMZN |
| Q2 2025 | 339 | $3.1B | HYG, MSFT, NVDA, LQD, AMZN |
| Q1 2025 | 356 | $2.4B | MSFT, AAPL, AMZN, NVDA, HYG |
| Q4 2024 | 371 | $7.2B | NTR, LQD, MSFT, NVDA, AAPL |
| Q3 2024 | 380 | $2.4B | HYG, LQD, MSFT, NVDA, AAPL |
| Q2 2024 | 332 | $2.0B | MSFT, NVDA, BKLN, AAPL, AMZN |
| Q1 2024 | 339 | $2.1B | MSFT, LQD, BKLN, AAPL, NVDA |