BNP Paribas
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), BNP Paribas reported 348 stock positions worth $3.5 billion. Its top holding was Ishr Ibx Usd Hiyld CB ETF-Ui (HYG) at 10.7% of the portfolio, followed by Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 7.4%) and Microsoft (MSFT, 6.1%). Compared with Q3 2025, it opened 44 new positions, sold out of 27, added to 146 and reduced 85. The biggest buy was a new position in Totalenergies (TTE) and the biggest sale Vanguard Int-Term Corporate (VCIT, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000872786
- Portfolio Value
- $3.5B (Q4 2025)
- SEC Filing
- 0000872786-26-000006 ↗ filed Feb 10, 2026
Holdings Value
Holdings 348 stocks · $3.5B
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 10.68% | 4,628,450 | $373.2M | Reduce -1.9% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 7.45% | 2,362,313 | $260.3M | Add +14.4% |
| MSFT Microsoft Corp. | 6.14% | 443,471 | $214.7M | Add +6.0% |
| NVDA Nvidia Corp. | 5.01% | 936,725 | $175.1M | Add +8.7% |
| AAPL Apple Inc. | 3.91% | 498,768 | $136.5M | Add +6.6% |
| GOOG Alphabet Inc. Class C | 3.49% | 388,602 | $122.0M | Reduce -5.3% |
| AMZN Amazon.com Inc. | 3.29% | 498,514 | $115.2M | Reduce -8.7% |
| AVGO Broadcom Inc. | 3.26% | 326,824 | $114.0M | Add +12.8% |
| JPM JPMorgan Chase & Co. | 2.79% | 301,468 | $97.5M | Add +2.7% |
| GOOGL Alphabet Inc. Class A | 2.67% | 296,677 | $93.2M | Add +4.2% |
| V Visa Inc. Class A | 1.80% | 178,748 | $62.8M | Add +8.0% |
| TSM Taiwan Semiconductor-SP ADR | 1.79% | 205,319 | $62.4M | Add +12.3% |
| PANW Palo Alto Networks Inc. | 1.58% | 299,413 | $55.3M | Reduce -0.4% |
| KO The Coca-Cola Co. | 1.39% | 692,394 | $48.4M | Add +6.4% |
| AMAT Applied Materials Inc. | 1.38% | 187,068 | $48.2M | Reduce -5.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.38% | 95,606 | $48.1M | Reduce -2.0% |
| META Meta Platforms Inc. Class A | 1.34% | 70,786 | $46.7M | Add +1.9% |
| PH Parker Hannifin Corp. | 1.30% | 51,461 | $45.3M | Reduce -6.7% |
| MCK McKesson Corp. | 1.29% | 54,928 | $45.2M | Add +6.3% |
| TMO Thermo Fisher Scientific Inc. | 1.16% | 69,756 | $40.5M | Add +9.1% |
| LLY Eli Lilly & Co. | 1.15% | 37,248 | $40.0M | Add +2.0% |
| CRM Salesforce Inc. | 1.14% | 150,897 | $40.0M | Add +0.6% |
| BKNG Booking Holdings Inc. | 1.12% | 7,257 | $39.1M | Add +22.3% |
| CSCO Cisco Systems Inc. | 1.06% | 475,954 | $36.9M | Add +9.1% |
| SPGI S&P Global Inc. | 0.94% | 62,805 | $32.9M | Add +21.5% |
| NOW ServiceNow Inc. | 0.86% | 196,825 | $30.2M | Add +5.9% |
| SNPS Synopsys Inc. | 0.84% | 62,142 | $29.2M | Reduce -16.1% |
| WMT Walmart Inc. | 0.71% | 219,430 | $24.7M | Reduce -42.4% |
| ZTS Zoetis Inc. | 0.69% | 192,076 | $24.2M | Add +13.3% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.69% | 92,682 | $24.0M | Add +1.8% |
| TTE Totalenergies SE | 0.68% | 365,388 | $23.9M | New |
| AMD Advanced Micro Devices | 0.67% | 108,988 | $23.3M | Reduce -23.3% |
| TMUS T-Mobile US Inc. | 0.62% | 106,482 | $21.6M | Add +12.9% |
| MA Mastercard Inc. Class A | 0.58% | 35,256 | $20.1M | Reduce -26.1% |
| ISRG Intuitive Surgical Inc. | 0.54% | 33,423 | $18.9M | Add +8.8% |
| PGR Progressive Corp. | 0.54% | 83,120 | $18.9M | Reduce -1.4% |
| AMGN Amgen Inc. | 0.53% | 56,224 | $18.4M | Add +218.2% |
| ABBV Abbvie Inc. | 0.51% | 78,270 | $17.9M | Add +62.6% |
| HD Home Depot Inc. | 0.49% | 49,714 | $17.1M | Add +55.3% |
| XOM Exxon Mobil Corp. | 0.48% | 140,132 | $16.9M | Add +27.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.48% | 146,923 | $16.7M | Reduce -49.6% |
| BKLN Invesco Senior Loan ETF | 0.46% | 767,443 | $16.1M | Reduce -68.8% |
| PFE Pfizer Inc. | 0.45% | 635,974 | $15.8M | Add +85.8% |
| UBER Uber Technologies Inc. | 0.45% | 192,723 | $15.8M | Reduce -11.9% |
| GS Goldman Sachs Group Inc. | 0.44% | 17,284 | $15.2M | Add +135.3% |
| PWR Quanta Services Inc. | 0.43% | 35,003 | $14.9M | Add +47.4% |
| T AT&T Inc. | 0.41% | 580,439 | $14.4M | Add +19.2% |
| NFLX Netflix Inc. | 0.41% | 149,715 | $14.4M | Reduce -27.0% |
| CRH CRH PLC | 0.40% | 111,000 | $13.9M | No change |
| PG The Procter & Gamble Co. | 0.39% | 95,740 | $13.7M | Add +22.0% |
| BN Brookfield Corp. | 0.39% | 295,639 | $13.6M | No change |
| HDB HDFC Bank Ltd.-ADR | 0.37% | 357,729 | $13.1M | Add +9.5% |
| SCHW Schwab (charles) Corp. | 0.35% | 122,389 | $12.2M | Add +2.2% |
| VRT Vertiv Holdings Co. Class A | 0.35% | 74,957 | $12.2M | Add +138.2% |
| PLTR Palantir Technologies Inc. Class A | 0.33% | 60,357 | $11.4M | Add +24.4% |
| BABA Alibaba Group Holding-SP ADR | 0.33% | 77,897 | $11.4M | Add +9.8% |
| GILD Gilead Sciences Inc. | 0.33% | 92,553 | $11.4M | Add +33.2% |
| MU Micron Technology Inc. | 0.32% | 37,631 | $11.2M | Add +1032.4% |
| EXC Exelon Corp. | 0.31% | 250,456 | $10.9M | Add +5.0% |
| UNP Union Pacific Corp. | 0.31% | 46,503 | $10.8M | Reduce -4.4% |
| CEG Constellation Energy | 0.31% | 30,156 | $10.7M | Add +100.0% |
| UNH Unitedhealth Group Inc. | 0.30% | 31,952 | $10.5M | Add +65.1% |
| WM Waste Management Inc. | 0.29% | 46,843 | $10.3M | Add +6.0% |
| BX Blackstone Inc. | 0.27% | 61,540 | $9.5M | Add +26.0% |
| GEV GE Vernova Inc. | 0.26% | 14,132 | $9.2M | Add +13.0% |
| ORCL Oracle Corp. | 0.26% | 46,111 | $9.0M | Reduce -52.1% |
| ANET Arista Networks Inc. | 0.26% | 65,183 | $9.0M | Add +73.0% |
| MRVL Marvell Technology Inc. | 0.25% | 103,698 | $8.8M | Reduce -11.3% |
| HON Honeywell International Inc. | 0.25% | 45,154 | $8.8M | Reduce -7.8% |
| PEP Pepsico Inc. | 0.25% | 61,326 | $8.8M | Add +50.6% |
| JNJ Johnson & Johnson | 0.25% | 42,156 | $8.7M | Add +165.6% |
| MDLZ Mondelez International Inc. Class A | 0.23% | 146,309 | $7.9M | Add +5.9% |
| MRK Merck & Co. Inc. | 0.22% | 72,531 | $7.6M | Reduce -19.5% |
| C Citigroup Inc. | 0.21% | 61,957 | $7.5M | Add +204.0% |
| MCO Moody's Corp. | 0.21% | 14,330 | $7.3M | Add +33.1% |
| MELI MercadoLibre Inc. | 0.21% | 3,633 | $7.3M | Reduce -11.5% |
| BLK BlackRock Inc. | 0.21% | 6,715 | $7.3M | Add +8.7% |
| MCD McDonald's Corp. | 0.21% | 23,451 | $7.2M | Reduce -33.0% |
| EMR Emerson Electric Co. | 0.20% | 53,300 | $7.1M | Reduce -48.9% |
| MS Morgan Stanley | 0.20% | 39,208 | $7.0M | Add +817.6% |
| SYK Stryker Corp. | 0.20% | 19,675 | $6.9M | Reduce -0.5% |
| BSX Boston Scientific Corp. | 0.19% | 68,752 | $6.6M | Reduce -26.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.19% | 22,019 | $6.5M | Reduce -57.1% |
| EEM iShares MSCI Emerging Market | 0.19% | 118,816 | $6.5M | Add +3.5% |
| WDAY Workday Inc. Class A | 0.19% | 30,178 | $6.5M | Reduce -9.0% |
| DASH DoorDash Inc. Class A | 0.17% | 26,925 | $6.1M | Add +43.5% |
| TKO Tko Group Holdings Inc. | 0.17% | 28,320 | $6.0M | Add +1189.0% |
| CAT Caterpillar Inc. | 0.16% | 9,799 | $5.6M | Add +72.3% |
| DDOG Datadog Inc. Class A | 0.16% | 41,280 | $5.6M | Add +18.4% |
| LIN Linde PLC | 0.16% | 13,210 | $5.6M | Add +210.3% |
| NEE Nextera Energy Inc. | 0.15% | 66,523 | $5.3M | Add +48.7% |
| MSCI MSCI Inc. | 0.14% | 8,803 | $5.1M | Add +6.4% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.14% | 127,894 | $4.9M | Add +296.6% |
| SE Sea Ltd.-ADR | 0.14% | 37,233 | $4.8M | Add +3.9% |
| OTIS Otis Worldwide Corp. | 0.13% | 53,108 | $4.7M | Add +5.6% |
| PNC PNC Financial Services Group | 0.13% | 22,237 | $4.6M | New |
| IVV iShares Core S&P 500 ETF | 0.13% | 6,759 | $4.6M | Add +22.4% |
| PEG Public Service Enterprise GP | 0.13% | 56,053 | $4.5M | New |
| PLD Prologis Inc. | 0.12% | 33,972 | $4.3M | Reduce -80.9% |
| VEEV Veeva Systems Inc. Class A | 0.12% | 19,239 | $4.3M | Add +89.3% |
Lines left out (3) · $191K — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| L Loews Corp. | COM | 0 | $157K |
| TELFY Telefonica SA-Spon ADR | ADR | 0 | $27K |
| 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: $3.5B.
Portfolio Sells Q3 2025 → Q4 2025
| VCIT Vanguard Int-Term Corporate | Reduce -100.0% | 0.00% | −1.29 |
| BKLN Invesco Senior Loan ETF | Reduce -68.8% | 0.46% | −1.09 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -1.9% | 10.68% | −0.89 |
| ORCL Oracle Corp. | Reduce -52.1% | 0.26% | −0.54 |
| DIS The Walt Disney Co. | Reduce -49.6% | 0.48% | −0.53 |
| PLD Prologis Inc. | Reduce -80.9% | 0.12% | −0.49 |
| WMT Walmart Inc. | Reduce -42.4% | 0.71% | −0.48 |
| AMZN Amazon.com Inc. | Reduce -8.7% | 3.29% | −0.35 |
| NFLX Netflix Inc. | Reduce -27.0% | 0.41% | −0.34 |
| VMC Vulcan Materials Co. | Sold out | 0.00% | −0.28 |
| PANW Palo Alto Networks Inc. | Reduce -0.4% | 1.58% | −0.27 |
| SNPS Synopsys Inc. | Reduce -16.1% | 0.84% | −0.26 |
| IBM Intl Business Machines Corp. | Reduce -57.1% | 0.19% | −0.25 |
| BNY Bank of New York Mellon Corp. | Reduce -95.8% | 0.01% | −0.24 |
| MA Mastercard Inc. Class A | Reduce -26.1% | 0.58% | −0.24 |
| ED Consolidated Edison Inc. | Reduce -69.5% | 0.09% | −0.22 |
| CL Colgate-Palmolive Co. | Reduce -96.3% | 0.01% | −0.22 |
| EMR Emerson Electric Co. | Reduce -48.9% | 0.20% | −0.21 |
| UBER Uber Technologies Inc. | Reduce -11.9% | 0.45% | −0.19 |
| MCD McDonald's Corp. | Reduce -33.0% | 0.21% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.0% | 1.38% | −0.10 |
| BSX Boston Scientific Corp. | Reduce -26.9% | 0.19% | −0.10 |
| PGR Progressive Corp. | Reduce -1.4% | 0.54% | −0.09 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.08 |
| MELI MercadoLibre Inc. | Reduce -11.5% | 0.21% | −0.08 |
| JD Jd.com Inc.-ADR | Reduce -83.7% | 0.01% | −0.08 |
| APD Air Products & Chemicals Inc. | Reduce -48.6% | 0.05% | −0.07 |
| HON Honeywell International Inc. | Reduce -7.8% | 0.25% | −0.06 |
| EQIX Equinix Inc. | Reduce -68.7% | 0.02% | −0.06 |
| DELL Dell Technologies -C | Reduce -34.3% | 0.07% | −0.06 |
| CLH Clean Harbors Inc. | Reduce -99.3% | 0.00% | −0.06 |
| WDAY Workday Inc. Class A | Reduce -9.0% | 0.19% | −0.06 |
| INTC Intel Corp. | Reduce -94.9% | 0.00% | −0.05 |
| SCI Service Corp. International | Reduce -69.5% | 0.02% | −0.05 |
| MLM Martin Marietta Materials | Reduce -90.9% | 0.01% | −0.05 |
| MRVL Marvell Technology Inc. | Reduce -11.3% | 0.25% | −0.04 |
| NKE Nike Inc. Class B | Reduce -70.0% | 0.01% | −0.04 |
| PLNT Planet Fitness Inc. Class A | Reduce -99.3% | 0.00% | −0.04 |
| DT Dynatrace Inc. | Sold out | 0.00% | −0.04 |
| UNP Union Pacific Corp. | Reduce -4.4% | 0.31% | −0.04 |
| INGR Ingredion Inc. | Reduce -99.2% | 0.00% | −0.04 |
| HAL Halliburton Co. | Reduce -53.5% | 0.03% | −0.03 |
| AMD Advanced Micro Devices | Reduce -23.3% | 0.67% | −0.02 |
| SYK Stryker Corp. | Reduce -0.5% | 0.20% | −0.02 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −0.02 |
| BKR Baker Hughes Co. | Reduce -8.3% | 0.09% | −0.02 |
| SOLS Solstice Adv Materials Inc. | Reduce -99.2% | 0.00% | −0.02 |
| Q Qnity Electronics Inc. | Reduce -99.9% | 0.00% | −0.02 |
| BAX Baxter International Inc. | Sold out | 0.00% | −0.01 |
| S Sentinelone Inc. Class A | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| TTE Totalenergies SE | New | 0.68% | +0.68 |
| GOOGL Alphabet Inc. Class A | Add +4.2% | 2.67% | +0.63 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +14.4% | 7.45% | +0.50 |
| AVGO Broadcom Inc. | Add +12.8% | 3.26% | +0.39 |
| AMGN Amgen Inc. | Add +218.2% | 0.53% | +0.38 |
| AAPL Apple Inc. | Add +6.6% | 3.91% | +0.31 |
| LLY Eli Lilly & Co. | Add +2.0% | 1.15% | +0.30 |
| MU Micron Technology Inc. | Add +1032.4% | 0.32% | +0.30 |
| GS Goldman Sachs Group Inc. | Add +135.3% | 0.44% | +0.26 |
| TMO Thermo Fisher Scientific Inc. | Add +9.1% | 1.16% | +0.25 |
| TSM Taiwan Semiconductor-SP ADR | Add +12.3% | 1.79% | +0.24 |
| VRT Vertiv Holdings Co. Class A | Add +138.2% | 0.35% | +0.20 |
| PFE Pfizer Inc. | Add +85.8% | 0.45% | +0.19 |
| NVDA Nvidia Corp. | Add +8.7% | 5.01% | +0.19 |
| MS Morgan Stanley | Add +817.6% | 0.20% | +0.18 |
| SPGI S&P Global Inc. | Add +21.5% | 0.94% | +0.18 |
| ABBV Abbvie Inc. | Add +62.6% | 0.51% | +0.18 |
| JNJ Johnson & Johnson | Add +165.6% | 0.25% | +0.16 |
| TKO Tko Group Holdings Inc. | Add +1189.0% | 0.17% | +0.16 |
| CEG Constellation Energy | Add +100.0% | 0.31% | +0.16 |
| C Citigroup Inc. | Add +204.0% | 0.21% | +0.15 |
| CSCO Cisco Systems Inc. | Add +9.1% | 1.06% | +0.15 |
| BKNG Booking Holdings Inc. | Add +22.3% | 1.12% | +0.15 |
| PWR Quanta Services Inc. | Add +47.4% | 0.43% | +0.13 |
| PNC PNC Financial Services Group | New | 0.13% | +0.13 |
| PEG Public Service Enterprise GP | New | 0.13% | +0.13 |
| ISRG Intuitive Surgical Inc. | Add +8.8% | 0.54% | +0.13 |
| HPE Hewlett Packard Enterprise | Add +20371.2% | 0.11% | +0.11 |
| XOM Exxon Mobil Corp. | Add +27.6% | 0.48% | +0.11 |
| SLB SLB Ltd. | Add +296.6% | 0.14% | +0.11 |
| COST Costco Wholesale Corp. | Add +1081.4% | 0.12% | +0.11 |
| RY Royal Bank of Canada | New | 0.10% | +0.10 |
| UNH Unitedhealth Group Inc. | Add +65.1% | 0.30% | +0.10 |
| LIN Linde PLC | Add +210.3% | 0.16% | +0.10 |
| MCK McKesson Corp. | Add +6.3% | 1.29% | +0.10 |
| HD Home Depot Inc. | Add +55.3% | 0.49% | +0.10 |
| GILD Gilead Sciences Inc. | Add +33.2% | 0.33% | +0.09 |
| HSY The Hershey Co. | Add +41714.3% | 0.09% | +0.09 |
| GIS General Mills Inc. | Add +7219.6% | 0.09% | +0.09 |
| V Visa Inc. Class A | Add +8.0% | 1.80% | +0.09 |
| GLW Corning Inc. | Add +1124.0% | 0.10% | +0.09 |
| DHR Danaher Corp. | Add +1828.3% | 0.09% | +0.09 |
| CME Cme Group Inc. | Add +2154.3% | 0.09% | +0.09 |
| PRU Prudential Financial Inc. | Add +15878.4% | 0.09% | +0.09 |
| BBY Best Buy Co. Inc. | New | 0.08% | +0.08 |
| ADBE Adobe Inc. | Add +273.4% | 0.12% | +0.08 |
| CAT Caterpillar Inc. | Add +72.3% | 0.16% | +0.08 |
| ANET Arista Networks Inc. | Add +73.0% | 0.26% | +0.08 |
| HPQ HP Inc. | Add +8978.0% | 0.08% | +0.08 |
| KO The Coca-Cola Co. | Add +6.4% | 1.39% | +0.08 |
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 |