Calamos Wealth Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Calamos Wealth Management LLC reported 386 stock positions worth $2.9 billion. Its top holding was Apple (AAPL) at 7.5% of the portfolio, followed by Nvidia (NVDA, 6.2%) and iShares Core S&P 500 ETF (IVV, 6.2%). Compared with Q3 2025, it opened 54 new positions, sold out of 27, added to 179 and reduced 110. The biggest buy was Alphabet Class A (GOOGL, shares +1%) and the biggest sale Texas Instruments (TXN, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- NAPERVILLE, IL
- CIK
- 0001455258
- Portfolio Value
- $2.9B (Q4 2025)
- SEC Filing
- 0001455258-26-000001 ↗ filed Jan 29, 2026
Holdings Value
Holdings 386 stocks · $2.9B
| AAPL Apple Inc. | 7.50% | 789,875 | $214.7M | Add +0.6% |
| NVDA Nvidia Corp. | 6.25% | 958,351 | $178.7M | Add +7.2% |
| IVV iShares Core S&P 500 ETF | 6.18% | 258,021 | $176.7M | Reduce -0.2% |
| IVW iShares S&P 500 Growth ETF | 4.79% | 1,112,935 | $137.2M | Add +0.5% |
| MSFT Microsoft Corp. | 4.63% | 274,137 | $132.6M | Add +3.0% |
| IVE iShares S&P 500 Value ETF | 4.34% | 585,396 | $124.1M | Add +1.4% |
| GOOGL Alphabet Inc. Class A | 4.10% | 375,274 | $117.5M | Add +1.5% |
| AMZN Amazon.com Inc. | 3.09% | 382,625 | $88.3M | Add +3.4% |
| AVGO Broadcom Inc. | 2.47% | 204,121 | $70.6M | Add +5.0% |
| ACWX iShares MSCI Acwi Ex US ETF | 2.30% | 980,397 | $65.8M | Add +2.2% |
| IWV iShares Russell 3000 ETF | 2.13% | 157,379 | $60.9M | Reduce -11.6% |
| UITB Victoryshares Core Intermedi | 1.89% | 1,142,927 | $54.1M | Add +13.9% |
| META Meta Platforms Inc. Class A | 1.56% | 67,441 | $44.5M | Add +1.1% |
| LLY Eli Lilly & Co. | 1.39% | 36,951 | $39.7M | Add +17.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.34% | 56,054 | $38.2M | Reduce -7.7% |
| FESM Fidelity Enhanced Small Cap | 1.24% | 935,638 | $35.3M | Add +1.0% |
| IJR iShares Core S&P Small-Cap E | 1.22% | 289,321 | $34.8M | Add +0.5% |
| V Visa Inc. Class A | 1.12% | 91,676 | $32.2M | Add +1.4% |
| WMT Walmart Inc. | 1.10% | 281,906 | $31.4M | Add +3.5% |
| JNJ Johnson & Johnson | 0.92% | 127,048 | $26.3M | Reduce -0.7% |
| CAIE Calamos Autocallable Inc. ETF | 0.89% | 954,045 | $25.5M | Add +112.6% |
| JPM JPMorgan Chase & Co. | 0.88% | 78,517 | $25.3M | Add +0.6% |
| NFLX Netflix Inc. | 0.88% | 269,027 | $25.2M | Add +11.7% |
| GOOG Alphabet Inc. Class C | 0.87% | 79,628 | $25.0M | Add +3.1% |
| AMAT Applied Materials Inc. | 0.83% | 92,194 | $23.7M | Add +208.9% |
| AXP American Express Co. | 0.79% | 61,433 | $22.7M | Add +0.1% |
| BA The Boeing Co. | 0.73% | 96,012 | $20.8M | Reduce -1.0% |
| HD Home Depot Inc. | 0.70% | 58,438 | $20.1M | Reduce -14.4% |
| DHR Danaher Corp. | 0.70% | 87,042 | $19.9M | Add +1.7% |
| SO The Southern Co. | 0.67% | 218,922 | $19.1M | Reduce -0.6% |
| TSLA Tesla Inc. | 0.66% | 41,907 | $18.8M | Add +5.9% |
| ORCL Oracle Corp. | 0.63% | 93,167 | $18.2M | Add +38.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.63% | 117,844 | $18.1M | Add +1.0% |
| CB Chubb Ltd. | 0.61% | 56,249 | $17.6M | Add +34.7% |
| PLD Prologis Inc. | 0.61% | 137,381 | $17.5M | Reduce -1.0% |
| WM Waste Management Inc. | 0.61% | 79,543 | $17.5M | Add +27.6% |
| DDOG Datadog Inc. Class A | 0.58% | 122,334 | $16.6M | Add +208.2% |
| AGG iShares Core U.S. Aggregate | 0.58% | 165,018 | $16.5M | Add +11.5% |
| WFC Wells Fargo & Co. | 0.57% | 175,425 | $16.3M | Reduce -19.9% |
| UBER Uber Technologies Inc. | 0.57% | 199,781 | $16.3M | Reduce -0.7% |
| CVX Chevron Corp. | 0.57% | 106,189 | $16.2M | Reduce -18.0% |
| EFA iShares MSCI Eafe ETF | 0.56% | 165,381 | $15.9M | Reduce -13.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.55% | 171,583 | $15.7M | Add +13.5% |
| INTU Intuit Inc. | 0.55% | 23,669 | $15.7M | Add +557.6% |
| MS Morgan Stanley | 0.54% | 87,587 | $15.5M | Add +0.4% |
| DASH DoorDash Inc. Class A | 0.53% | 66,558 | $15.1M | Reduce -1.6% |
| SPGI S&P Global Inc. | 0.51% | 28,186 | $14.7M | Reduce -18.5% |
| ADI Analog Devices Inc. | 0.50% | 52,977 | $14.4M | Reduce -13.3% |
| DE Deere & Co. | 0.49% | 30,019 | $14.0M | Reduce -0.1% |
| LIN Linde PLC | 0.48% | 32,141 | $13.7M | Reduce -2.6% |
| ABNB Airbnb Inc. Class A | 0.47% | 98,905 | $13.4M | Add +2.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.47% | 44,105 | $13.4M | Add +4.2% |
| SNOW Snowflake Inc. | 0.46% | 60,418 | $13.3M | Add +1.6% |
| SNPS Synopsys Inc. | 0.46% | 27,851 | $13.1M | Add +29.2% |
| RCL Royal Caribbean Cruises Ltd. | 0.44% | 44,689 | $12.5M | Reduce -1.1% |
| SYK Stryker Corp. | 0.43% | 35,165 | $12.4M | Reduce -3.0% |
| SHW The Sherwin-Williams Co. | 0.43% | 38,094 | $12.3M | Reduce -0.6% |
| TMUS T-Mobile US Inc. | 0.43% | 60,169 | $12.2M | Add +0.1% |
| IQV Iqvia Holdings Inc. | 0.42% | 52,910 | $11.9M | New |
| CP Canadian Pacific Kansas City | 0.40% | 153,882 | $11.3M | Reduce -0.2% |
| BSX Boston Scientific Corp. | 0.39% | 117,214 | $11.2M | Reduce -24.4% |
| MCO Moody's Corp. | 0.37% | 20,696 | $10.6M | Add +1.7% |
| NOW ServiceNow Inc. | 0.36% | 66,370 | $10.2M | Add +1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.34% | 19,136 | $9.6M | Add +22.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.33% | 106,234 | $9.5M | Reduce -3.0% |
| USMV iShares MSCI USA Min Vol Fac | 0.31% | 95,191 | $9.0M | Add +0.3% |
| NEE Nextera Energy Inc. | 0.31% | 110,283 | $8.9M | Add +1.4% |
| VOO Vanguard S&P 500 ETF | 0.28% | 12,776 | $8.0M | Add +7.8% |
| LRCX Lam Research Corp. | 0.28% | 46,392 | $7.9M | Add +56.4% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.27% | 455,631 | $7.6M | Reduce -10.0% |
| COST Costco Wholesale Corp. | 0.26% | 8,564 | $7.4M | Add +4.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.26% | 11,978 | $7.4M | Add +25.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 21,947 | $7.4M | Add +0.5% |
| GS Goldman Sachs Group Inc. | 0.23% | 7,546 | $6.6M | Reduce -6.3% |
| IWF iShares Russell 1000 Growth | 0.23% | 13,766 | $6.5M | Add +0.6% |
| SHV iShares 0-1 Year Treasury Bo | 0.21% | 54,863 | $6.0M | Add +3.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.20% | 20,189 | $5.9M | Add +0.1% |
| APP AppLovin Corp. Class A | 0.20% | 8,597 | $5.8M | Reduce -2.4% |
| XOM Exxon Mobil Corp. | 0.18% | 43,676 | $5.3M | Add +2.2% |
| SHOP Shopify Inc. Class A | 0.17% | 30,964 | $5.0M | Add +42.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.16% | 17,855 | $4.6M | No change |
| MCK McKesson Corp. | 0.16% | 5,551 | $4.6M | Add +3.1% |
| PTON Peloton Interactive Inc. Class A | 0.16% | 725,202 | $4.5M | Add +0.0% |
| BCS Barclays PLC-Spons ADR | 0.15% | 170,341 | $4.3M | Add +36.6% |
| VEEV Veeva Systems Inc. Class A | 0.15% | 19,149 | $4.3M | Add +0.2% |
| EEM iShares MSCI Emerging Market | 0.15% | 78,033 | $4.3M | Reduce -24.2% |
| IX Orix - Sponsored ADR filed as ORIX CORP | 0.14% | 140,402 | $4.1M | New |
| IWB iShares Russell 1000 ETF | 0.14% | 10,936 | $4.1M | Add +5.2% |
| CANQ Calamos Nasdaq Equity & Inco | 0.14% | 134,448 | $4.0M | Add +252.0% |
| RSP Invesco S&P 500 Equal Weight | 0.14% | 20,431 | $3.9M | Reduce -41.8% |
| UNH Unitedhealth Group Inc. | 0.14% | 11,814 | $3.9M | Add +20.0% |
| BABA Alibaba Group Holding-SP ADR | 0.13% | 26,040 | $3.8M | Add +12.1% |
| MA Mastercard Inc. Class A | 0.13% | 6,404 | $3.7M | Add +1.2% |
| GE General Electric filed as GE AEROSPACE | 0.13% | 11,839 | $3.6M | Add +3.8% |
| SAN Banco Santander SA-Spon ADR | 0.13% | 309,079 | $3.6M | Add +5.8% |
| KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC | 0.13% | 41,900 | $3.6M | Add +5.8% |
| CPSA Calamos SP500 Strct Alt-Aug | 0.13% | 133,420 | $3.6M | Reduce -6.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.12% | 63,980 | $3.5M | Add +14.9% |
| AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO | 0.12% | 53,706 | $3.5M | New |
| LMT Lockheed Martin Corp. | 0.12% | 7,235 | $3.5M | Add +0.5% |
Options reported separately and not counted above: META puts ($9.4M), AAPL puts ($1.2M), SPY calls ($1.1M), NOW puts ($460K), IBIT calls ($325K), NVDA puts ($317K), GDX calls ($306K), AVGO puts ($264K), ORCL puts ($253K), SHOP puts ($238K), META calls ($220K), AMZN puts ($220K), and 3 more.
Other holdings (69): bonds, preferreds, convertibles and warrants · $25.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 15,896 | $1.1M | Add +9.4% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 358,000 | $1.0M | Reduce -30.9% |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | 886,000 | $966K | Add +56.0% |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 720,000 | $922K | Reduce -0.3% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 515,000 | $845K | Reduce -0.4% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 12,657 | $844K | Reduce -0.3% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 249,000 | $836K | Reduce -39.6% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 726,000 | $779K | Reduce -6.3% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 703,000 | $772K | Reduce -0.4% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 722,000 | $745K | Reduce -0.3% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 520,000 | $661K | Reduce -2.1% |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 616,000 | $659K | Reduce -0.2% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 8,200 | $619K | Reduce -0.5% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 452,000 | $588K | New |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 465,000 | $560K | Reduce -6.1% |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 10,101 | $557K | Reduce -0.5% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 455,000 | $518K | Reduce -10.4% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 465,000 | $478K | Reduce -3.9% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 104,000 | $477K | Add +1.0% |
| WISDOMTREE INC (WT 3.25 08/15/29) | NOTE 3.250% 8/1 · principal | 395,000 | $477K | Reduce -11.4% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 8,058 | $470K | Reduce -0.2% |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 292,000 | $453K | Reduce -1.0% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 6,700 | $398K | New |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 314 | $393K | Add +0.6% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 308,000 | $383K | Add +1.0% |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 385,000 | $381K | Reduce -6.1% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 322,000 | $350K | Reduce -16.4% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 217,000 | $337K | Add +0.9% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 316,000 | $328K | New |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 298,000 | $328K | Add +365.6% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 253,000 | $319K | Add +0.8% |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 213,000 | $318K | Add +1.4% |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | 285,000 | $314K | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 261,000 | $306K | Add +1.2% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 267,000 | $305K | Add +0.8% |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 342,000 | $300K | Add +0.9% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 262,000 | $283K | Add +1.2% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 261,000 | $272K | Reduce -2.3% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 4,759 | $246K | Reduce -1.0% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 145,000 | $231K | Add +0.7% |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 209,000 | $227K | Add +1.0% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 221,000 | $224K | Add +0.5% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 221,000 | $222K | Reduce -0.5% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 2,800 | $221K | No change |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 4,137 | $214K | Add +0.8% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 178,000 | $213K | Add +0.6% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 90,000 | $207K | Add +1.1% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 36,000 | $192K | Reduce -56.1% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 125,000 | $177K | Add +0.8% |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | 167,000 | $167K | New |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 158,000 | $156K | New |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 150,000 | $155K | Reduce -24.6% |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 142,000 | $143K | Add +0.7% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 124,000 | $140K | Add +0.8% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 111,000 | $136K | Add +0.9% |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | 113,000 | $126K | New |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 61,000 | $115K | Add +1.7% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 111,000 | $115K | Reduce -75.8% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 125,000 | $115K | Reduce -2.3% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 110,000 | $109K | Reduce -16.0% |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 109,000 | $108K | Reduce -16.1% |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | 106,000 | $99K | Reduce -27.4% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 101,000 | $98K | Reduce -26.3% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 66,000 | $97K | No change |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 103,000 | $97K | Reduce -26.9% |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | 80,000 | $87K | New |
| ALIGNMENT HEALTHCARE (ALHC 4.25 11/15/29) | NOTE 4.250%11/1 · principal | 56,000 | $85K | New |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 53,000 | $77K | Reduce -54.7% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 70,000 | $68K | Reduce -27.8% |
Total filed on the 13F, all lines: $2.9B.
Portfolio Sells Q3 2025 → Q4 2025
| TXN Texas Instruments Inc. | Reduce -98.4% | 0.01% | −0.60 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.49 |
| MRSH Marsh & McLennan Cos | Reduce -96.0% | 0.01% | −0.39 |
| ETN Eaton Corp. PLC | Reduce -97.2% | 0.01% | −0.39 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.35 |
| IWV iShares Russell 3000 ETF | Reduce -11.6% | 2.13% | −0.34 |
| HD Home Depot Inc. | Reduce -14.4% | 0.70% | −0.31 |
| CVX Chevron Corp. | Reduce -18.0% | 0.57% | −0.17 |
| BSX Boston Scientific Corp. | Reduce -24.4% | 0.39% | −0.16 |
| UBER Uber Technologies Inc. | Reduce -0.7% | 0.57% | −0.15 |
| IVV iShares Core S&P 500 ETF | Reduce -0.2% | 6.18% | −0.15 |
| DASH DoorDash Inc. Class A | Reduce -1.6% | 0.53% | −0.15 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -7.7% | 1.34% | −0.14 |
| SAP Sap SE-Sponsored ADR | Sold out | 0.00% | −0.13 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.11 |
| RSP Invesco S&P 500 Equal Weight | Reduce -41.8% | 0.14% | −0.11 |
| SPGI S&P Global Inc. | Reduce -18.5% | 0.51% | −0.10 |
| WFC Wells Fargo & Co. | Reduce -19.9% | 0.57% | −0.10 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -1.1% | 0.44% | −0.10 |
| SO The Southern Co. | Reduce -0.6% | 0.67% | −0.10 |
| EFA iShares MSCI Eafe ETF | Reduce -13.1% | 0.56% | −0.09 |
| LIN Linde PLC | Reduce -2.6% | 0.48% | −0.09 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.09 |
| TME Tencent Music Entertainm-ADR | Sold out | 0.00% | −0.09 |
| VGLT Vanguard Long-Term Treasury | Reduce -61.1% | 0.05% | −0.09 |
| IBN Icici Bank Ltd.-Spon ADR | Sold out | 0.00% | −0.09 |
| MELI MercadoLibre Inc. | Reduce -62.5% | 0.04% | −0.08 |
| SYK Stryker Corp. | Reduce -3.0% | 0.43% | −0.06 |
| IBIT iShares Bitcoin Trust ETF | Reduce -26.4% | 0.06% | −0.05 |
| SHW The Sherwin-Williams Co. | Reduce -0.6% | 0.43% | −0.05 |
| EEM iShares MSCI Emerging Market | Reduce -24.2% | 0.15% | −0.05 |
| ADI Analog Devices Inc. | Reduce -13.3% | 0.50% | −0.05 |
| CLS Celestica Inc. | Reduce -38.1% | 0.09% | −0.04 |
| BA The Boeing Co. | Reduce -1.0% | 0.73% | −0.04 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -31.4% | 0.06% | −0.03 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -10.0% | 0.27% | −0.03 |
| APP AppLovin Corp. Class A | Reduce -2.4% | 0.20% | −0.03 |
| CP Canadian Pacific Kansas City | Reduce -0.2% | 0.40% | −0.02 |
| ABT Abbott Laboratories | Reduce -19.9% | 0.06% | −0.02 |
| CPNS Calamos NSDQ 100 Alt Sept | Reduce -25.0% | 0.05% | −0.02 |
| COP Conocophillips | Sold out | 0.00% | −0.02 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −0.02 |
| FTI Technipfmc PLC | Reduce -22.7% | 0.09% | −0.02 |
| ANET Arista Networks Inc. | Reduce -2.8% | 0.09% | −0.02 |
| TTC Toro Co. | Sold out | 0.00% | −0.02 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -3.0% | 0.33% | −0.02 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.02 |
| UBS UBS Group AG-Reg | Sold out | 0.00% | −0.02 |
| MO Altria Group Inc. | Reduce -20.0% | 0.03% | −0.02 |
| BSV Vanguard Short-Term Bond ETF | Reduce -11.5% | 0.09% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +1.5% | 4.10% | +0.82 |
| AMAT Applied Materials Inc. | Add +208.9% | 0.83% | +0.60 |
| LLY Eli Lilly & Co. | Add +17.4% | 1.39% | +0.51 |
| INTU Intuit Inc. | Add +557.6% | 0.55% | +0.46 |
| CAIE Calamos Autocallable Inc. ETF | Add +112.6% | 0.89% | +0.44 |
| IQV Iqvia Holdings Inc. | New | 0.42% | +0.42 |
| DDOG Datadog Inc. Class A | Add +208.2% | 0.58% | +0.37 |
| AAPL Apple Inc. | Add +0.6% | 7.50% | +0.20 |
| GOOG Alphabet Inc. Class C | Add +3.1% | 0.87% | +0.19 |
| CB Chubb Ltd. | Add +34.7% | 0.61% | +0.18 |
| NVDA Nvidia Corp. | Add +7.2% | 6.25% | +0.15 |
| UITB Victoryshares Core Intermedi | Add +13.9% | 1.89% | +0.15 |
| IX Orix - Sponsored ADR | New | 0.14% | +0.14 |
| LRCX Lam Research Corp. | Add +56.4% | 0.28% | +0.13 |
| AVGO Broadcom Inc. | Add +5.0% | 2.47% | +0.12 |
| AKRE Akre Focus ETF | New | 0.12% | +0.12 |
| AMZN Amazon.com Inc. | Add +3.4% | 3.09% | +0.12 |
| WM Waste Management Inc. | Add +27.6% | 0.61% | +0.11 |
| AZN Astrazeneca PLC-Spons ADR | New | 0.10% | +0.10 |
| CANQ Calamos Nasdaq Equity & Inco | Add +252.0% | 0.14% | +0.10 |
| DHR Danaher Corp. | Add +1.7% | 0.70% | +0.08 |
| WMT Walmart Inc. | Add +3.5% | 1.10% | +0.07 |
| SONY Sony Group Corp. - SP ADR | New | 0.07% | +0.07 |
| SNPS Synopsys Inc. | Add +29.2% | 0.46% | +0.07 |
| BCS Barclays PLC-Spons ADR | Add +36.6% | 0.15% | +0.06 |
| SHOP Shopify Inc. Class A | Add +42.6% | 0.17% | +0.06 |
| HEI Heico Corp. | Add +319.3% | 0.07% | +0.06 |
| R Ryder System Inc. | New | 0.05% | +0.05 |
| AXP American Express Co. | Add +0.1% | 0.79% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +22.4% | 0.34% | +0.05 |
| CAIQ Calamos Nasdaq Autocall ETF | New | 0.05% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +25.6% | 0.26% | +0.05 |
| MUB iShares National Muni Bond E | Add +242.7% | 0.07% | +0.05 |
| VGT Vanguard Info Tech ETF | Add +222.6% | 0.06% | +0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +13.5% | 0.55% | +0.04 |
| MU Micron Technology Inc. | Add +24.4% | 0.08% | +0.04 |
| ABNB Airbnb Inc. Class A | Add +2.0% | 0.47% | +0.04 |
| HEI.A Heico Corp. Class A | New | 0.04% | +0.04 |
| TQQQ Proshares Ultrapro QQQ | New | 0.04% | +0.04 |
| MS Morgan Stanley | Add +0.4% | 0.54% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.2% | 0.47% | +0.04 |
| AGG iShares Core U.S. Aggregate | Add +11.5% | 0.58% | +0.03 |
| CRM Salesforce Inc. | Add +93.8% | 0.05% | +0.03 |
| CCJ Cameco Corp. | Add +35.3% | 0.10% | +0.03 |
| CPSL Calm Lad S&P 500 STR A P ETF | New | 0.03% | +0.03 |
| CAT Caterpillar Inc. | Add +17.7% | 0.10% | +0.03 |
| ROK Rockwell Automation Inc. | Add +168.4% | 0.04% | +0.02 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +33.3% | 0.11% | +0.02 |
| MRK Merck & Co. Inc. | Add +22.4% | 0.07% | +0.02 |
| PFF iShares Preferred & Income S | Add +173.0% | 0.03% | +0.02 |
Options Activity Q3 2025 → Q4 2025
| META Meta Platforms Inc. Class A | put | Add +2.4% | 12,800 | $9.4M |
| TM Toyota Motor Corp. -Spon ADR | call | Sold out | 10,000 | $1.7Mbefore exit |
| AAPL Apple Inc. | put | New | 4,800 | $1.2M |
| NOW ServiceNow Inc. | put | New | 500 | $460K |
| IBIT iShares Bitcoin Trust ETF | call | New | 5,000 | $325K |
| NVDA Nvidia Corp. | put | New | 1,700 | $317K |
| AVGO Broadcom Inc. | put | New | 800 | $264K |
| ORCL Oracle Corp. | put | New | 900 | $253K |
| SHOP Shopify Inc. Class A | put | New | 1,600 | $238K |
| META Meta Platforms Inc. Class A | call | New | 300 | $220K |
| AMZN Amazon.com Inc. | put | New | 1,000 | $220K |
| IWM iShares Russell 2000 ETF | call | Sold out | 1,000 | $216Kbefore exit |
| CMG Chipotle Mexican Grill Inc. | put | New | 5,500 | $216K |
| MSFT Microsoft Corp. | call | New | 400 | $207K |
| AAPL Apple Inc. | call | Sold out | 1,000 | $205Kbefore exit |
| SNOW Snowflake Inc. | put | New | 900 | $203K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +9.4% | 15,896 | $1.1M |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | Reduce -30.9% | 358,000 | $1.0M |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | Add +56.0% | 886,000 | $966K |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | Reduce -0.3% | 720,000 | $922K |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Reduce -0.4% | 515,000 | $845K |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Reduce -0.3% | 12,657 | $844K |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Reduce -39.6% | 249,000 | $836K |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Sold out | 643,000 | $785Kbefore exit |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | Reduce -6.3% | 726,000 | $779K |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Reduce -0.4% | 703,000 | $772K |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Reduce -0.3% | 722,000 | $745K |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Reduce -2.1% | 520,000 | $661K |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | Reduce -0.2% | 616,000 | $659K |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -0.5% | 8,200 | $619K |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | New | 452,000 | $588K |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | Reduce -6.1% | 465,000 | $560K |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | Reduce -0.5% | 10,101 | $557K |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Reduce -10.4% | 455,000 | $518K |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Reduce -3.9% | 465,000 | $478K |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Add +1.0% | 104,000 | $477K |
| WISDOMTREE INC (WT 3.25 08/15/29) | NOTE 3.250% 8/1 · principal | Reduce -11.4% | 395,000 | $477K |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Reduce -0.2% | 8,058 | $470K |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | Reduce -1.0% | 292,000 | $453K |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Sold out | 130,000 | $409Kbefore exit |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | New | 6,700 | $398K |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +0.6% | 314 | $393K |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Add +1.0% | 308,000 | $383K |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Reduce -6.1% | 385,000 | $381K |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | Sold out | 83,000 | $377Kbefore exit |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | Reduce -16.4% | 322,000 | $350K |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Add +0.9% | 217,000 | $337K |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | New | 316,000 | $328K |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | Add +365.6% | 298,000 | $328K |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +0.8% | 253,000 | $319K |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | Add +1.4% | 213,000 | $318K |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | New | 285,000 | $314K |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Add +1.2% | 261,000 | $306K |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Add +0.8% | 267,000 | $305K |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | Add +0.9% | 342,000 | $300K |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | Add +1.2% | 262,000 | $283K |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | Reduce -2.3% | 261,000 | $272K |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Reduce -1.0% | 4,759 | $246K |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | Add +0.7% | 145,000 | $231K |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | Add +1.0% | 209,000 | $227K |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Add +0.5% | 221,000 | $224K |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Reduce -0.5% | 221,000 | $222K |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Add +0.8% | 4,137 | $214K |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Add +0.6% | 178,000 | $213K |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Add +1.1% | 90,000 | $207K |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Reduce -56.1% | 36,000 | $192K |
Showing the first 50 of 74.
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 | 391 | $3.3B | AAPL, NVDA, IVV, IVW, IVE |
| Q1 2026 | 481 | $2.9B | AAPL, NVDA, IVV, IVW, IVE |
| Q4 2025 | 386 | $2.9B | AAPL, NVDA, IVV, IVW, MSFT |
| Q3 2025 | 359 | $2.7B | AAPL, IVV, NVDA, MSFT, IVW |
| Q2 2025 | 286 | $2.3B | IVV, AAPL, NVDA, MSFT, IVW |
| Q1 2025 | 257 | $2.0B | IVV, AAPL, IVE, IVW, MSFT |
| Q4 2024 | 255 | $2.0B | AAPL, IVV, IVW, NVDA, MSFT |
| Q3 2024 | 244 | $1.9B | IVV, AAPL, IVW, MSFT, IVE |
| Q2 2024 | 238 | $1.8B | IVV, AAPL, IVW, MSFT, NVDA |
| Q1 2024 | 247 | $1.7B | IVV, AAPL, IVE, MSFT, IVW |