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

0$2.0B$4.0B$6.0B$8.0B Q1 2024: $2.1B Q1 2024 Q2 2024: $2.0B Q2 2024 Q3 2024: $2.4B Q3 2024 Q4 2024: $7.2B Q4 2024 Q1 2025: $2.4B Q1 2025 Q2 2025: $3.1B $3.1B Q2 2025 Q3 2025: $3.3B Q3 2025 Q4 2025: $3.5B Q4 2025 Q1 2026: $3.1B Q1 2026 Q2 2026: $3.7B Q2 2026

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%
EEM iShares MSCI Emerging Market 0.12% 79,508 $3.8M Add +5.3%
FTNT Fortinet Inc. 0.12% 36,324 $3.8M Reduce -45.8%
ANET Arista Networks Inc. 0.12% 36,745 $3.7M Add +69.2%
PYPL PayPal Holdings Inc. 0.12% 49,516 $3.7M Add +2.1%
BRK.A Berkshire Hathaway Inc. Class A 0.12% 5 $3.7M No change
MSCI MSCI Inc. 0.11% 5,983 $3.4M Reduce -55.4%
MAR Marriott International Class A 0.11% 12,072 $3.3M Reduce -2.8%
UNH Unitedhealth Group Inc. 0.11% 10,508 $3.3M Reduce -68.1%
IVV iShares Core S&P 500 ETF 0.11% 5,225 $3.2M Reduce -34.4%
NEE Nextera Energy Inc. 0.10% 45,539 $3.2M Reduce -6.0%
STLA Stellantis NV 0.10% 312,000 $3.1M Reduce -30.7%
ABT Abbott Laboratories 0.10% 21,973 $3.0M Reduce -4.6%
DELL Dell Technologies -C 0.10% 24,187 $3.0M Add +227.4%
BMY Bristol-Myers Squibb Co. 0.09% 63,118 $2.9M Add +54.5%
NKE Nike Inc. Class B 0.09% 40,341 $2.9M Add +7.6%
VEEV Veeva Systems Inc. Class A 0.09% 9,980 $2.9M Add +23.7%
DE Deere & Co. 0.09% 5,265 $2.7M Reduce -3.3%
BAM Brookfield Asset Mgmt-A 0.09% 47,632 $2.6M No change
APH Amphenol Corp. Class A 0.08% 26,515 $2.6M No change
VRTX Vertex Pharmaceuticals Inc. 0.08% 5,576 $2.5M Reduce -4.4%
MET Metlife Inc. 0.08% 29,680 $2.4M Add +6.0%
ROK Rockwell Automation Inc. 0.08% 7,222 $2.4M Add +1.5%
AZO AutoZone Inc. 0.08% 644 $2.3M Add +310.2%
CRWD CrowdStrike Holdings Inc. Class A 0.07% 4,533 $2.3M Reduce -64.8%
ZS Zscaler Inc. 0.07% 7,165 $2.3M Reduce -3.7%
SCI Service Corp. International 0.07% 27,620 $2.3M Reduce -1.2%
JNJ Johnson & Johnson 0.07% 14,705 $2.2M Reduce -2.3%
KLAC KLA Corp. 0.07% 2,396 $2.1M Add +1.2%
CCJ Cameco Corp. 0.07% 28,307 $2.1M Reduce -2.1%
AXP American Express Co. 0.07% 6,589 $2.1M Add +1217.8%
IEI iShares 3-7 Year Treasury Bo 0.07% 17,143 $2.0M Add +93.1%
DT Dynatrace Inc. 0.07% 36,563 $2.0M Add +0.6%
LIN Linde PLC 0.06% 4,116 $1.9M New
TDG Transdigm Group Inc. 0.06% 1,265 $1.9M New
CLH Clean Harbors Inc. 0.06% 8,221 $1.9M No change
CI The Cigna Group 0.06% 5,677 $1.9M No change
GOVT iShares US Treasury Bond ETF 0.06% 81,659 $1.9M Reduce -29.0%
SNOW Snowflake Inc. 0.06% 8,300 $1.9M Reduce -13.6%
MLM Martin Marietta Materials 0.06% 3,243 $1.8M Add +27.0%
INTU Intuit Inc. 0.06% 2,241 $1.8M No change
VWOB Vanguard Emerg MKTS Gov BND 0.06% 26,833 $1.8M Add +0.2%
C Citigroup Inc. 0.06% 20,459 $1.7M Add +2.9%
HAL Halliburton Co. 0.05% 82,940 $1.7M Add +19.3%
GLD SPDR Gold Shares 0.05% 5,481 $1.7M Add +5.0%
MPC Marathon Petroleum Corp. 0.05% 9,726 $1.6M No change
CEG Constellation Energy 0.05% 4,973 $1.6M Reduce -10.2%
WAB Wabtec Corp. 0.05% 7,619 $1.6M Add +0.1%
DLR Digital Realty Trust Inc. 0.05% 9,035 $1.6M Add +35.5%
ARM Arm Holdings PLC-ADR 0.05% 9,719 $1.6M Add +3.2%
GTLB Gitlab Inc. Class A 0.05% 34,747 $1.6M Add +8.8%
FIS Fidelity National Info Serv 0.05% 18,780 $1.5M Add +43.4%
TYL Tyler Technologies Inc. 0.05% 2,471 $1.5M No change
NET Cloudflare Inc. Class A 0.05% 7,419 $1.5M Reduce -1.5%
INTC Intel Corp. 0.05% 64,323 $1.4M Reduce -2.0%
PLNT Planet Fitness Inc. Class A 0.05% 13,044 $1.4M No change
A Agilent Technologies Inc. 0.05% 11,852 $1.4M Reduce -9.6%
KKR KKR & Co. Inc. 0.04% 10,162 $1.4M Add +5.3%
INGR Ingredion Inc. 0.04% 9,824 $1.3M No change
QCOM Qualcomm Inc. 0.04% 8,340 $1.3M Reduce -31.3%
BIDU Baidu Inc. - Spon ADR 0.04% 15,292 $1.3M Add +0.1%
EDIV State Street SPDR S&P Emergi 0.04% 34,249 $1.3M Add +6.8%
DPZ Domino's Pizza Inc. 0.04% 2,873 $1.3M No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.04% 15,175 $1.2M Add +6.6%
DEM Wisdomtree Emerging Markets 0.04% 26,361 $1.2M Add +1.0%
IBN Icici Bank Ltd.-Spon ADR 0.04% 34,546 $1.2M Add +4.0%
MBB iShares MBS ETF 0.04% 12,000 $1.1M No change
TSCO Tractor Supply Company 0.03% 20,275 $1.1M No change
AMT American Tower Corp. 0.03% 4,689 $1.0M No change
PHM Pultegroup Inc. 0.03% 9,771 $1.0M Reduce -6.6%
CORP PIMCO Inv Grade Corp. BD ETF 0.03% 10,444 $1.0M Reduce -2.1%
CARR Carrier Global Corp. 0.03% 13,684 $1.0M Add +5.9%
DUK Duke Energy Corp. 0.03% 8,111 $960K No change
EVR Evercore Inc. Class A 0.03% 3,450 $932K Reduce -15.8%
HCA HCA Healthcare Inc. 0.03% 2,387 $914K Reduce -9.5%
DD Dupont DE Nemours Inc. 0.03% 12,457 $854K Reduce -0.9%
SHOP Shopify Inc. Class A 0.03% 7,409 $854K Reduce -19.5%
HWM Howmet Aerospace Inc. 0.03% 4,551 $847K Add +10.7%
S Sentinelone Inc. Class A 0.03% 45,331 $829K Reduce -45.5%
WDC Western Digital Corp. 0.03% 12,223 $782K Reduce -26.1%
GE General Electric filed as GE AEROSPACE 0.02% 2,965 $763K Add +18.0%
ECL Ecolab Inc. 0.02% 2,724 $733K Reduce -6.6%
CHTR Charter Communications Inc. Class A 0.02% 1,787 $728K New
BA The Boeing Co. 0.02% 3,463 $728K Add +5.0%
VTC Vanguard Total Corporate BND 0.02% 9,307 $720K Reduce -1.9%
TEAM Atlassian Corp. Class A 0.02% 3,510 $713K Reduce -51.3%
YUMC Yum China Holdings Inc. 0.02% 15,500 $694K Add +1.6%
SCHO Schwab Short-Term US Treas 0.02% 27,553 $672K Add +126.5%
LRCX Lam Research Corp. 0.02% 6,831 $665K Add +3.6%
ADI Analog Devices Inc. 0.02% 2,753 $655K Reduce -6.8%
SPIB SS SPDR P Int C Corp. ETF 0.02% 19,223 $646K Reduce -2.4%
MMM 3M Co. 0.02% 4,040 $614K Add +98.0%
MS Morgan Stanley 0.02% 4,273 $602K Reduce -55.8%
COST Costco Wholesale Corp. 0.02% 577 $572K Add +35.5%
IHAK iShares Cybersecurity & Tech 0.02% 10,387 $553K Add +6.5%
VEGI iShares MSCI Agriculture Pro 0.02% 13,007 $524K Add +5.6%
KEYS Keysight Technologies Inc. 0.02% 3,100 $508K Reduce -14.7%
ZTO Zto Express Cayman Inc.-ADR 0.02% 28,609 $508K Reduce -11.8%
EQIX Equinix Inc. 0.02% 617 $491K Reduce -7.8%
XYL Xylem Inc. 0.02% 3,727 $481K Reduce -33.2%
CDNS Cadence Design SYS Inc. 0.02% 1,556 $479K Reduce -81.5%
FICO Fair Isaac Corp. 0.02% 261 $478K Reduce -33.4%
CMI Cummins Inc. 0.02% 1,422 $466K Add +1.8%
NTR Nutrien Ltd. 0.02% 8,000 $464K Reduce -36.6%
TSLA Tesla Inc. 0.01% 1,445 $459K Reduce -56.8%
GDDY GoDaddy Inc. Class A 0.01% 2,505 $451K Reduce -6.1%
AIG American International Group 0.01% 5,235 $448K Add +42.5%
XLP SS Consumer Staples Sel Sect 0.01% 5,491 $445K Add +1.4%
MAGS Roundhill Magnificent Seven 0.01% 7,851 $438K New
VRSK Verisk Analytics Inc. 0.01% 1,340 $417K Reduce -94.9%
MSI Motorola Solutions Inc. 0.01% 975 $410K Reduce -5.7%
MU Micron Technology Inc. 0.01% 3,269 $403K Reduce -66.6%
MOH Molina Healthcare Inc. 0.01% 1,274 $380K Reduce -1.6%
SBUX Starbucks Corp. 0.01% 4,100 $376K Reduce -6.8%
ATO Atmos Energy Corp. 0.01% 2,230 $344K Reduce -5.6%
REGN Regeneron Pharmaceuticals 0.01% 645 $339K Reduce -62.9%
DECK Deckers Outdoor Corp. 0.01% 2,831 $292K Reduce -4.7%
TKO Tko Group Holdings Inc. 0.01% 1,586 $289K Add +147.0%
ELV Elevance Health Inc. 0.01% 716 $278K Add +134.8%
JD Jd.com Inc.-ADR 0.01% 8,504 $278K No change
SPG Simon Property Group Inc. 0.01% 1,688 $271K No change
IMO Imperial Oil Ltd. 0.01% 3,300 $261K New
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 0.01% 30,000 $254K No change
ALB Albemarle Corp. 0.01% 3,979 $249K Reduce -8.0%
TPR Tapestry Inc. 0.01% 2,678 $235K New
PCOR Procore Technologies Inc. 0.01% 3,229 $221K Reduce -5.5%
LULU Lululemon Athletica Inc. 0.01% 911 $216K No change
MNST Monster Beverage Corp. 0.01% 3,353 $209K Add +198.0%
SNDK Sandisk Corp. 0.01% 3,815 $173K Reduce -19.1%
GLW Corning Inc. 0.01% 3,139 $164K Add +26058.3%
MSGS Madison Square Garden Sports 0.01% 769 $161K Reduce -6.7%
PDD PDD Holdings Inc. 0.01% 1,500 $157K New
ENPH Enphase Energy Inc. 0.01% 3,877 $154K Reduce -4.2%
DHR Danaher Corp. 0.00% 732 $145K Reduce -49.6%
CME Cme Group Inc. 0.00% 519 $144K Add +737.1%
LITE Lumentum Holdings Inc. 0.00% 1,500 $143K No change
JBL Jabil Inc. 0.00% 651 $143K New
TEVA Teva Pharmaceutical-SP ADR 0.00% 8,461 $142K Reduce -10.8%
ASML ASML Holding NV-NY Reg SHS 0.00% 156 $125K Add +4.7%
TRMB Trimble Inc. 0.00% 1,565 $118K No change
PPC Pilgrim's Pride Corp. 0.00% 2,500 $112K New
FSLR First Solar Inc. 0.00% 710 $112K Reduce -69.6%
PM Philip Morris International 0.00% 600 $109K No change
ULTA Ulta Beauty Inc. 0.00% 232 $109K Reduce -80.1%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.00% 912 $105K New
MRNA Moderna Inc. 0.00% 3,800 $105K No change
KHC The Kraft Heinz Co. 0.00% 4,050 $105K Reduce -27.0%
BIIB Biogen Inc. 0.00% 804 $101K Reduce -8.0%
GEHC GE Healthcare Technology 0.00% 1,348 $100K Add +416.5%
ABNB Airbnb Inc. Class A 0.00% 735 $97K Reduce -0.1%
TXN Texas Instruments Inc. 0.00% 468 $97K Reduce -14.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.00% 1,950 $92K Reduce -99.0%
KMB Kimberly-Clark Corp. 0.00% 715 $91K No change
TME Tencent Music Entertainm-ADR 0.00% 3,900 $76K No change
PARAA Paramount Global Class B 0.00% 5,851 $75K New
COIN Coinbase Global Inc. Class A 0.00% 195 $69K No change
CVS CVS Health Corp. 0.00% 1,000 $69K No change
TM Toyota Motor Corp. -Spon ADR 0.00% 400 $69K No change
CVX Chevron Corp. 0.00% 441 $63K Add +76.4%
WFC Wells Fargo & Co. 0.00% 783 $63K No change
MCHP Microchip Technology Inc. 0.00% 839 $59K No change
SPPP Sprott Physical Platinum And 0.00% 5,000 $59K No change
CCL Carnival Corp. 0.00% 1,965 $54K Reduce -0.6%
RIO Rio Tinto PLC-Spon ADR 0.00% 900 $52K No change
CROX Crocs Inc. 0.00% 500 $51K Reduce -37.5%
GIS General Mills Inc. 0.00% 950 $49K No change
MO Altria Group Inc. 0.00% 765 $45K Add +21.4%
GAM General American Investors 0.00% 750 $42K No change
BDX Becton Dickinson and Co. 0.00% 240 $41K No change
SGOL Abrdn Physical Gold Shares 0.00% 1,250 $39K New
DAL Delta Air Lines Inc. 0.00% 733 $36K No change
ORLY O'reilly Automotive Inc. 0.00% 390 $35K No change
EA Electronic Arts Inc. 0.00% 220 $35K Reduce -68.3%
COP Conocophillips 0.00% 365 $33K New
ADSK Autodesk Inc. 0.00% 100 $31K No change
SPCE Virgin Galactic Holdings Inc. 0.00% 9,710 $28K No change
NSC Norfolk Southern Corp. 0.00% 100 $26K New
DEO Diageo PLC-Sponsored ADR 0.00% 250 $25K No change
MKL Markel Group Inc. 0.00% 12 $24K New
TGT Target Corp. 0.00% 238 $23K No change
WB Weibo Corp.-Spon ADR 0.00% 2,431 $23K No change
CTSH Cognizant Tech Solutions-A 0.00% 290 $23K No change
PINS Pinterest Inc. Class A 0.00% 625 $22K No change
AWK American Water Works Co. Inc. 0.00% 160 $22K Reduce -95.7%
AEM Agnico Eagle Mines Ltd. 0.00% 175 $21K Add +133.3%
SIRI Sirius XM Holdings Inc. 0.00% 840 $19K New
SWKS Skyworks Solutions Inc. 0.00% 250 $19K No change
HPQ HP Inc. 0.00% 754 $18K No change
ENB Enbridge Inc. 0.00% 400 $18K New
PRU Prudential Financial Inc. 0.00% 167 $18K Reduce -96.0%
YUM Yum! Brands Inc. 0.00% 120 $18K Add +11900.0%
CTAS Cintas Corp. 0.00% 80 $18K Add +7900.0%
ADM Archer-Daniels-Midland Co. 0.00% 330 $17K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 241 $17K New
TENB Tenable Holdings Inc. 0.00% 503 $17K Reduce -98.2%
OSPN Onespan Inc. 0.00% 1,000 $17K No change
B Barrick Mining Corp. 0.00% 787 $16K Add +57.4%
NTES Netease Inc.-ADR 0.00% 120 $16K No change
PBR Petroleo Brasileiro-Spon ADR 0.00% 1,240 $16K No change
ARES Ares Management Corp. Class A 0.00% 85 $15K Reduce -97.2%
TTWO Take-Two Interactive Softwre 0.00% 61 $15K No change
K Kellanova 0.00% 168 $13K No change
WFG West Fraser Timber Co. Ltd. 0.00% 182 $13K New
CNQ Canadian Natural Resources 0.00% 417 $13K New
EBAY eBay Inc. 0.00% 172 $13K No change
CFG Citizens Financial Group 0.00% 272 $12K No change
CPRT Copart Inc. 0.00% 250 $12K Add +24900.0%
VEON Veon Ltd. 0.00% 260 $12K No change
BAX Baxter International Inc. 0.00% 386 $12K No change
BNTX Biontech SE-ADR 0.00% 90 $10K No change
GM General Motors Co. 0.00% 193 $9K No change
GFI Gold Fields Ltd.-Spons ADR 0.00% 398 $9K No change
FDX FedEx Corp. 0.00% 40 $9K No change
IR Ingersoll-Rand Inc. 0.00% 109 $9K No change
PAAS Pan American Silver Corp. 0.00% 319 $9K Reduce -86.2%
UAL United Airlines Holdings Inc. 0.00% 92 $7K No change
XYZ Block Inc. 0.00% 104 $7K No change
MUX McEwen Inc. 0.00% 650 $6K Reduce -55.2%
KGC Kinross Gold Corp. 0.00% 340 $5K No change
GT Goodyear Tire & Rubber Co. 0.00% 400 $4K Reduce -82.6%
VLTO Veralto Corp. 0.00% 40 $4K Reduce -99.7%
LCID Lucid Group Inc. 0.00% 1,500 $3K No change
BYND Beyond Meat Inc. 0.00% 910 $3K No change
DDD 3D Systems Corp. filed as 3-D SYS CORP DEL 0.00% 2,000 $3K No change
VTRS Viatris Inc. 0.00% 333 $3K Reduce -91.1%
IQ Iqiyi Inc.-ADR 0.00% 1,450 $3K No change
FMC FMC Corp. 0.00% 58 $2K Reduce -94.6%
MTLS Materialise NV-ADR 0.00% 375 $2K New
HPE Hewlett Packard Enterprise 0.00% 100 $2K No change
CTVA Corteva Inc. 0.00% 17 $1K Add +1600.0%
TDOC Teladoc Health Inc. 0.00% 120 $1K Add +11900.0%
OGN Organon & Co. 0.00% 95 $917 No change
NIO Nio Inc. - ADR 0.00% 150 $515 No change
DOW Dow Inc. 0.00% 17 $462 Reduce -37.0%
CC The Chemours Co. 0.00% 37 $437 Add +3600.0%
PLUG Plug Power Inc. 0.00% 120 $179 New
JNK SS SPDR BB High Yield Bond 0.00% 1 $97 No change
VCSH Vanguard S/T Corp. Bond ETF 0.00% 1 $80 No change
CNDT Conduent Inc. 0.00% 10 $27 Add +900.0%
EBON Ebang International Hldgs-A 0.00% 3 $10 Add +200.0%
Lines left out (2) · $153K — a value with no share or principal amount
SecurityClassSharesValue
SPY SS SPDR S&P 500 ETF Trust-US TR UNIT0$145K
WIT Wipro Ltd.-ADR SPON ADR 1 SH0$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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 328$3.7BLQD, HYG, BKLN, NVDA, MSFT
Q1 2026 333$3.1BLQD, HYG, MSFT, NVDA, AAPL
Q4 2025 348$3.5BHYG, LQD, MSFT, NVDA, AAPL
Q3 2025 329$3.3BHYG, LQD, MSFT, NVDA, AMZN
Q2 2025 339$3.1BHYG, MSFT, NVDA, LQD, AMZN
Q1 2025 356$2.4BMSFT, AAPL, AMZN, NVDA, HYG
Q4 2024 371$7.2BNTR, LQD, MSFT, NVDA, AAPL
Q3 2024 380$2.4BHYG, LQD, MSFT, NVDA, AAPL
Q2 2024 332$2.0BMSFT, NVDA, BKLN, AAPL, AMZN
Q1 2024 339$2.1BMSFT, LQD, BKLN, AAPL, NVDA