Capital International, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Capital International, Inc. reported 297 stock positions worth $10.3 billion. Its top holding was Broadcom (AVGO) at 5.9% of the portfolio, followed by Microsoft (MSFT, 5.4%) and Meta Platforms Class A (META, 3.0%). Compared with Q1 2025, it opened 11 new positions, sold out of 17, added to 210 and reduced 74. The biggest buy was Broadcom (AVGO, shares +8%) and the biggest sale Deutsche Bank AG-Registered (DB, shares −39%).

Most Recent 13F
Q2 2026
Location
Los Angeles, CA
CIK
0000895213
Portfolio Value
$10.3B (Q2 2025)
SEC Filing
0001422848-25-000146 ↗ filed Aug 13, 2025

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $7.4B Q1 2024 Q2 2024: $7.5B Q2 2024 Q3 2024: $7.9B Q3 2024 Q4 2024: $8.5B Q4 2024 Q1 2025: $8.2B Q1 2025 Q2 2025: $10.3B $10.3B Q2 2025 Q3 2025: $12.5B Q3 2025 Q4 2025: $12.7B Q4 2025 Q1 2026: $12.9B Q1 2026 Q2 2026: $14.2B Q2 2026

Holdings 297 stocks · $10.3B

AVGO Broadcom Inc. 5.94% 2,213,453 $610.1M Add +7.8%
MSFT Microsoft Corp. 5.40% 1,115,515 $554.9M Add +22.1%
META Meta Platforms Inc. Class A 3.05% 423,895 $312.9M Add +11.2%
PM Philip Morris International 2.58% 1,454,720 $264.9M Add +19.2%
NVDA Nvidia Corp. 2.32% 1,511,166 $238.7M Add +7.6%
JPM JPMorgan Chase & Co. 1.77% 627,270 $181.9M Add +12.4%
RCL Royal Caribbean Cruises Ltd. 1.70% 559,107 $175.1M Add +8.0%
DB Deutsche Bank AG-Registered 1.61% 5,585,961 $165.6M Reduce -38.7%
V Visa Inc. Class A 1.45% 419,528 $149.0M Add +17.6%
AAPL Apple Inc. 1.44% 723,007 $148.3M Reduce -6.0%
AMZN Amazon.com Inc. 1.42% 663,183 $145.5M Add +1.0%
LLY Eli Lilly & Co. 1.38% 182,444 $142.2M Add +24.5%
GE General Electric filed as GE AEROSPACE 1.36% 540,767 $139.2M Add +17.6%
GOOG Alphabet Inc. Class C 1.34% 775,611 $137.6M Add +6.0%
MELI MercadoLibre Inc. 1.32% 51,861 $135.5M Add +6.5%
MA Mastercard Inc. Class A 1.20% 219,441 $123.3M Add +16.2%
MRSH Marsh & McLennan Cos 1.18% 553,074 $120.9M Add +31.6%
NFLX Netflix Inc. 1.11% 85,254 $114.2M Add +4.4%
ABT Abbott Laboratories 1.09% 821,203 $111.7M Add +12.8%
KLAC KLA Corp. 1.03% 117,726 $105.5M Add +92.7%
TSM Taiwan Semiconductor-SP ADR 0.99% 447,952 $101.5M Reduce -11.5%
CEG Constellation Energy 0.96% 306,875 $99.0M Add +16.2%
ASML ASML Holding NV-NY Reg SHS 0.89% 113,933 $91.3M Add +18.0%
RACE Ferrari NV 0.88% 184,135 $90.2M Reduce -19.1%
AMGN Amgen Inc. 0.86% 314,876 $87.9M Add +37.3%
GOOGL Alphabet Inc. Class A 0.83% 485,541 $85.6M Add +21.9%
B Barrick Mining Corp. 0.83% 4,084,053 $85.0M Add +4.0%
ONC Beone Medicines Ltd.-ADR 0.81% 345,559 $83.6M Reduce -21.0%
UNH Unitedhealth Group Inc. 0.81% 267,276 $83.4M Add +19.6%
RYAAY Ryanair Holdings PLC-SP ADR 0.80% 1,419,877 $81.9M Reduce -16.6%
CARR Carrier Global Corp. 0.79% 1,115,456 $81.6M Add +5.8%
WELL Welltower Inc. 0.79% 528,094 $81.2M Add +30.8%
TSLA Tesla Inc. 0.79% 254,324 $80.8M Add +6.9%
NOC Northrop Grumman Corp. 0.76% 156,968 $78.5M Add +60.5%
VRTX Vertex Pharmaceuticals Inc. 0.76% 175,233 $78.0M Add +33.5%
LIN Linde PLC 0.71% 155,729 $73.1M Add +17.0%
SHOP Shopify Inc. Class A 0.70% 618,941 $71.4M Reduce -2.3%
CRM Salesforce Inc. 0.69% 260,790 $71.1M Add +12.8%
RTX RTX Corp. 0.68% 475,541 $69.4M Add +65.2%
CB Chubb Ltd. 0.65% 231,281 $67.0M Add +29.9%
CPNG Coupang Inc. 0.65% 2,227,517 $66.7M Add +13.4%
BLK BlackRock Inc. 0.60% 58,903 $61.8M Add +26.9%
COF Capital One Financial Corp. 0.58% 282,024 $60.0M Add +689.3%
TDG Transdigm Group Inc. 0.58% 39,149 $59.5M Add +1.5%
DHR Danaher Corp. 0.58% 300,567 $59.4M Add +18.6%
MU Micron Technology Inc. 0.57% 473,140 $58.3M Add +5.3%
CTVA Corteva Inc. 0.55% 759,027 $56.6M Add +10.9%
FLUT Flutter Entertainment PLC-Di 0.55% 197,162 $56.3M Reduce -13.5%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.54% 173,805 $55.6M Add +28.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.54% 1,169,857 $55.4M Add +52.1%
SBUX Starbucks Corp. 0.53% 589,667 $54.0M Add +37.5%
TFC Truist Financial Corp. 0.52% 1,249,206 $53.7M Add +25.0%
MDLZ Mondelez International Inc. Class A 0.52% 791,721 $53.4M Add +31.9%
NOW ServiceNow Inc. 0.51% 50,927 $52.4M Add +1.4%
COST Costco Wholesale Corp. 0.49% 51,222 $50.7M Add +3.5%
BNTX Biontech SE-ADR 0.49% 470,017 $50.0M Reduce -26.3%
EOG EOG Resources Inc. 0.49% 417,301 $49.9M Add +82.4%
HON Honeywell International Inc. 0.48% 211,225 $49.2M Add +102.4%
YUM Yum! Brands Inc. 0.48% 331,377 $49.1M Add +9.3%
CMCSA Comcast Corp. Class A 0.48% 1,373,874 $49.0M Add +41.6%
SRE Sempra 0.47% 641,853 $48.6M Add +27.6%
IR Ingersoll-Rand Inc. 0.47% 580,651 $48.3M Add +28.9%
KKR KKR & Co. Inc. 0.47% 362,785 $48.3M Add +28.0%
COP Conocophillips 0.45% 514,349 $46.2M Add +23.1%
BKNG Booking Holdings Inc. 0.45% 7,973 $46.2M Reduce -1.3%
CVS CVS Health Corp. 0.45% 666,879 $46.0M Add +45.1%
MMYT Makemytrip Ltd. 0.44% 459,732 $45.1M Add +20.6%
AMX America Movil Sab DE CV 0.44% 2,504,022 $44.9M Reduce -3.1%
GEV GE Vernova Inc. 0.43% 84,070 $44.5M Reduce -29.8%
HD Home Depot Inc. 0.40% 112,690 $41.3M Add +27.2%
ATO Atmos Energy Corp. 0.40% 267,741 $41.3M Reduce -4.6%
ATI Ati Inc. 0.39% 458,325 $39.6M Reduce -12.6%
BA The Boeing Co. 0.37% 182,717 $38.3M Add +32.1%
NI Nisource Inc. 0.37% 932,791 $37.6M Reduce -0.7%
REGN Regeneron Pharmaceuticals 0.36% 70,855 $37.2M Reduce -3.2%
PDD PDD Holdings Inc. 0.36% 351,333 $36.8M Add +97.3%
KT KT Corp.-SP ADR 0.35% 1,711,115 $35.6M Add +121.9%
MSI Motorola Solutions Inc. 0.34% 82,396 $34.6M Add +16.5%
SPGI S&P Global Inc. 0.33% 64,569 $34.0M Add +53.3%
ACN Accenture PLC Class A 0.33% 112,738 $33.7M Add +77.8%
BMY Bristol-Myers Squibb Co. 0.33% 727,626 $33.7M Add +10.1%
HLT Hilton Worldwide Holdings Inc. 0.32% 121,570 $32.4M Add +6.5%
ABBV Abbvie Inc. 0.31% 172,446 $32.0M Reduce -45.7%
XOM Exxon Mobil Corp. 0.31% 295,199 $31.8M Add +46.1%
FDX FedEx Corp. 0.31% 139,979 $31.8M Reduce -10.6%
BTI British American Tob-SP ADR 0.31% 671,995 $31.8M Add +48.6%
MAR Marriott International Class A 0.31% 115,939 $31.7M Add +10.9%
SNPS Synopsys Inc. 0.30% 61,030 $31.3M Add +12.2%
CNI Canadian Natl Railway Co. 0.30% 294,709 $30.7M Reduce -29.7%
GILD Gilead Sciences Inc. 0.30% 276,516 $30.7M Add +10.9%
ELV Elevance Health Inc. 0.30% 78,728 $30.6M Add +44.3%
KDP Keurig Dr Pepper Inc. 0.30% 924,466 $30.6M Add +49.8%
TOST Toast Inc. Class A 0.30% 688,755 $30.5M Add +0.3%
PAYX Paychex Inc. 0.29% 208,323 $30.3M Add +20.2%
AZN Astrazeneca PLC-Spons ADR 0.29% 430,679 $30.1M Add +45.5%
AON Aon PLC Class A 0.29% 83,350 $29.7M Add +17.8%
PGR Progressive Corp. 0.29% 111,250 $29.7M Add +19.9%
MS Morgan Stanley 0.29% 210,453 $29.6M Add +39.2%
TEAM Atlassian Corp. Class A 0.29% 145,851 $29.6M Add +0.5%
ISRG Intuitive Surgical Inc. 0.29% 54,502 $29.6M Add +5.4%
WFC Wells Fargo & Co. 0.29% 369,198 $29.6M Add +39.0%
APD Air Products & Chemicals Inc. 0.29% 104,487 $29.5M Add +59.2%
NTES Netease Inc.-ADR 0.29% 218,706 $29.4M Reduce -53.8%
SO The Southern Co. 0.27% 306,546 $28.2M Add +60.4%
TBBB BBB Foods Inc. Class A 0.27% 996,032 $27.6M Reduce -30.2%
DRI Darden Restaurants Inc. 0.27% 126,447 $27.6M Reduce -11.0%
TMO Thermo Fisher Scientific Inc. 0.26% 66,499 $27.0M Add +10.4%
CNQ Canadian Natural Resources 0.26% 850,203 $26.7M Add +31.1%
CME Cme Group Inc. 0.26% 96,823 $26.7M Add +19.1%
NET Cloudflare Inc. Class A 0.26% 134,755 $26.4M Add +27.3%
CHTR Charter Communications Inc. Class A 0.25% 62,445 $25.5M Add +9.4%
C Citigroup Inc. 0.24% 289,689 $24.7M Add +26.3%
DAL Delta Air Lines Inc. 0.24% 498,631 $24.5M Add +50.9%
BX Blackstone Inc. 0.24% 162,594 $24.3M Reduce -17.9%
RPRX Royalty Pharma PLC Class A 0.23% 661,536 $23.8M New
MTD Mettler-Toledo International 0.23% 20,196 $23.7M Add +5.8%
UNP Union Pacific Corp. 0.23% 102,795 $23.7M Add +48.2%
ALNY Alnylam Pharmaceuticals Inc. 0.23% 71,831 $23.4M Add +7.3%
LHX L3HARRIS Technologies Inc. 0.23% 92,930 $23.3M Add +46.2%
QGEN Qiagen N.V. 0.23% 483,938 $23.3M New
MMM 3M Co. 0.22% 150,492 $22.9M Add +30.9%
TCOM Trip.com Group Ltd.-ADR 0.22% 386,726 $22.7M Reduce -48.8%
CHD Church & Dwight Co. Inc. 0.22% 235,399 $22.6M Add +10.3%
CVE Cenovus Energy Inc. 0.22% 1,662,792 $22.6M Add +36.6%
TXN Texas Instruments Inc. 0.22% 107,982 $22.4M Add +6.0%
EA Electronic Arts Inc. 0.22% 139,657 $22.3M Add +20.0%
FTAI Ftai Aviation Ltd. 0.22% 193,588 $22.3M Add +2.5%
NTR Nutrien Ltd. 0.22% 379,763 $22.1M Add +10.8%
EFX Equifax Inc. 0.21% 85,128 $22.1M Add +18.8%
APO Apollo Global Management Inc. 0.21% 155,152 $22.0M Add +58.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.21% 74,114 $21.8M Add +48.4%
TRP TC Energy Corp. 0.21% 443,721 $21.7M Add +7.8%
DE Deere & Co. 0.21% 41,608 $21.2M Add +38.3%
MO Altria Group Inc. 0.21% 360,842 $21.2M Reduce -9.6%
WCN Waste Connections Inc. 0.21% 113,013 $21.1M Add +11.8%
KO The Coca-Cola Co. 0.20% 296,211 $21.0M Add +11.8%
CFG Citizens Financial Group 0.20% 468,043 $20.9M Add +48.3%
IBN Icici Bank Ltd.-Spon ADR 0.20% 616,293 $20.7M Reduce -1.4%
BZ Kanzhun Ltd. - ADR 0.20% 1,157,190 $20.6M Add +91.0%
RBLX Roblox Corp. Class A 0.20% 192,110 $20.2M Add +150.9%
CAT Caterpillar Inc. 0.19% 51,424 $20.0M Reduce -33.6%
FCX Freeport-McMoran Inc. 0.19% 459,293 $19.9M Add +27.1%
STZ Constellation Brands Inc. Class A 0.19% 122,364 $19.9M Add +48.9%
NKE Nike Inc. Class B 0.19% 279,755 $19.9M Add +20.8%
BSX Boston Scientific Corp. 0.19% 181,015 $19.4M Add +7.3%
TSCO Tractor Supply Company 0.19% 368,302 $19.4M Add +15.0%
HEI Heico Corp. 0.19% 59,089 $19.4M Add +20.2%
ARMK Aramark 0.18% 443,957 $18.6M Reduce -0.1%
WPM Wheaton Precious Metals Corp. 0.17% 200,214 $18.0M Add +48.7%
FE Firstenergy Corp. 0.17% 436,948 $17.6M Add +144.3%
BAM Brookfield Asset Mgmt-A 0.17% 317,245 $17.5M Add +22.1%
MAA Mid-America Apartment Comm 0.17% 115,535 $17.1M Add +63.5%
BURL Burlington Stores Inc. 0.16% 72,731 $16.9M Add +4.1%
CMG Chipotle Mexican Grill Inc. 0.16% 293,336 $16.5M Add +9.6%
SHW The Sherwin-Williams Co. 0.16% 47,254 $16.2M Add +2.5%
IP International Paper Co. 0.16% 343,903 $16.1M Add +104.0%
DAY Dayforce Inc. 0.15% 283,186 $15.7M Add +0.1%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.15% 1,131,884 $15.5M Add +33.6%
G Genpact Ltd. 0.15% 348,637 $15.3M Add +8.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.14% 120,048 $14.8M Add +48.4%
GS Goldman Sachs Group Inc. 0.14% 20,544 $14.5M Add +10.5%
SAP Sap SE-Sponsored ADR 0.14% 47,602 $14.5M Reduce -32.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.14% 114,317 $14.2M Add +56.3%
GLOB Globant SA 0.14% 153,642 $14.0M Add +103.4%
HTHT H World Group Ltd.-ADR 0.13% 407,965 $13.8M Reduce -69.8%
HWM Howmet Aerospace Inc. 0.13% 74,008 $13.8M Add +5.5%
CNP Centerpoint Energy Inc. 0.13% 364,852 $13.4M Add +5.6%
QSR Restaurant Brands Intern 0.12% 190,419 $12.6M Add +11.4%
AXP American Express Co. 0.12% 39,568 $12.6M Add +102.9%
CPRT Copart Inc. 0.12% 250,473 $12.3M Add +11.8%
ORCL Oracle Corp. 0.12% 55,687 $12.2M Add +45.5%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.12% 143,124 $12.1M Add +8.6%
PG The Procter & Gamble Co. 0.12% 75,435 $12.0M Add +47.6%
PH Parker Hannifin Corp. 0.12% 17,082 $11.9M Add +72.5%
ACGL Arch Capital Group Ltd. 0.11% 122,253 $11.1M Add +9.7%
PBR Petroleo Brasileiro-Spon ADR 0.11% 887,626 $11.1M New
PLTR Palantir Technologies Inc. Class A 0.11% 79,679 $10.9M Add +1.4%
DTE DTE Energy Company 0.10% 80,515 $10.7M Add +49.3%
HSY The Hershey Co. 0.10% 63,469 $10.5M Add +1.4%
HEI.A Heico Corp. Class A 0.10% 40,304 $10.4M Reduce -0.1%
PLD Prologis Inc. 0.10% 98,811 $10.4M Add +22.3%
ZBH Zimmer Biomet Holdings Inc. 0.10% 109,041 $9.9M New
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.09% 118,804 $9.6M Add +304.4%
SHEL Shell PLC-ADR 0.09% 136,059 $9.6M Add +51.9%
MCD McDonald's Corp. 0.09% 31,049 $9.1M Reduce -32.8%
SAIA Saia Inc. 0.09% 32,587 $8.9M Add +0.3%
AMAT Applied Materials Inc. 0.09% 48,234 $8.8M Reduce -65.3%
ARES Ares Management Corp. Class A 0.09% 50,754 $8.8M Add +7.7%
AME Ametek Inc. 0.08% 48,004 $8.7M Reduce -0.1%
MNST Monster Beverage Corp. 0.08% 134,523 $8.4M Reduce -19.6%
DG Dollar General Corp. 0.08% 72,873 $8.3M Reduce -13.0%
DHI D.R. Horton Inc. 0.08% 61,868 $8.0M Add +166.2%
ETR Entergy Corp. 0.08% 95,932 $8.0M Add +38.3%
KOF Coca-Cola Femsa Sab-SP ADR 0.08% 81,875 $7.9M New
SNY Sanofi-ADR 0.07% 158,415 $7.7M Add +48.6%
MTN Vail Resorts Inc. 0.07% 47,713 $7.5M Add +51.8%
TMUS T-Mobile US Inc. 0.07% 31,429 $7.5M Add +145.1%
PINS Pinterest Inc. Class A 0.07% 198,076 $7.1M Reduce -2.3%
PCAR Paccar Inc. 0.07% 74,633 $7.1M Add +6.3%
AMT American Tower Corp. 0.07% 30,969 $6.8M Add +44.7%
ULS Ul Solutions Inc. Class A 0.07% 93,352 $6.8M Reduce -40.8%
EWBC East West Bancorp Inc. 0.07% 66,301 $6.7M Add +1.7%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.06% 196,230 $6.6M Reduce -14.6%
RSG Republic Services Inc. 0.06% 24,616 $6.1M Add +49.4%
BG Bunge Global SA 0.06% 75,171 $6.0M Add +66.2%
JCI Johnson Controls Internation 0.06% 56,723 $6.0M Add +55.4%
LEGN Legend Biotech Corp.-ADR 0.05% 157,896 $5.6M Reduce -41.8%
PEG Public Service Enterprise GP 0.05% 66,148 $5.6M Add +47.1%
NVO Novo-Nordisk A/S-Spons ADR 0.05% 80,150 $5.5M Add +40.3%
AWI Armstrong World Industries 0.05% 34,031 $5.5M No change
VALE Vale SA-SP ADR 0.05% 565,828 $5.5M Add +60.9%
ILMN Illumina Inc. 0.05% 57,201 $5.5M Add +51.5%
SPG Simon Property Group Inc. 0.05% 32,525 $5.2M Add +49.4%
NEE Nextera Energy Inc. 0.05% 75,217 $5.2M Add +23.4%
CSX CSX Corp. 0.05% 154,503 $5.0M Add +46.2%
SPOT Spotify Technology SA 0.05% 6,547 $5.0M Reduce -12.5%
CG The Carlyle Group Inc. 0.05% 95,772 $4.9M Add +103.1%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.05% 149,489 $4.9M Reduce -2.4%
KMB Kimberly-Clark Corp. 0.05% 36,579 $4.7M Add +45.6%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.05% 11,646 $4.7M Reduce -17.4%
ADBE Adobe Inc. 0.05% 12,127 $4.7M Add +49.1%
DUOL Duolingo 0.05% 11,423 $4.7M Add +119.8%
PNC PNC Financial Services Group 0.05% 25,048 $4.7M Add +48.1%
ZTS Zoetis Inc. 0.05% 29,746 $4.6M Reduce -45.9%
COO The Cooper Cos Inc. 0.04% 60,617 $4.3M Add +30.3%
INTC Intel Corp. 0.04% 191,215 $4.3M Add +56.5%
TEL Te Connectivity PLC 0.04% 24,562 $4.1M New
BN Brookfield Corp. 0.04% 66,340 $4.1M Add +1.8%
DBD Diebold Nixdorf Inc. 0.04% 72,617 $4.0M No change
ON On Semiconductor 0.04% 76,707 $4.0M Add +56.4%
ICE Intercontinental Exchange Inc. 0.04% 21,703 $4.0M Add +75.5%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 0.04% 55,191 $3.9M Reduce -4.6%
CWST Casella Waste Systems Inc. Class A 0.04% 33,601 $3.9M Add +2.7%
GM General Motors Co. 0.04% 78,256 $3.9M Reduce -61.8%
KHC The Kraft Heinz Co. 0.04% 142,870 $3.7M Add +48.4%
TGT Target Corp. 0.03% 35,380 $3.5M Add +47.9%
WYNN WYNN Resorts Ltd. 0.03% 35,981 $3.4M Add +8.9%
RIO Rio Tinto PLC-Spon ADR 0.03% 54,408 $3.2M Add +45.4%
KEYS Keysight Technologies Inc. 0.03% 19,322 $3.2M Add +5.2%
PCG P G & E Corp. 0.03% 222,347 $3.1M Reduce -0.3%
LYB Lyondellbasell Indu Class A 0.03% 53,502 $3.1M Add +47.0%
AVB Avalonbay Communities Inc. 0.03% 15,031 $3.1M Add +49.0%
PFE Pfizer Inc. 0.03% 125,105 $3.0M Reduce -38.4%
KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC 0.03% 36,395 $3.0M Reduce -2.6%
RGLD Royal Gold Inc. 0.03% 16,139 $2.9M Add +156.6%
HAL Halliburton Co. 0.03% 140,405 $2.9M Add +29.5%
REXR Rexford Industrial Realty Inc. 0.03% 77,618 $2.8M Reduce -2.9%
ARM Arm Holdings PLC-ADR 0.03% 16,314 $2.6M Add +9.5%
HUM Humana Inc. 0.03% 10,706 $2.6M Add +45.1%
FITB Fifth Third Bancorp 0.02% 61,746 $2.5M Add +51.4%
BRK.B Berkshire Hathaway Inc. Class B 0.02% 5,138 $2.5M New
FUL H.B. Fuller Co. filed as FULLER H B CO 0.02% 40,992 $2.5M Add +51.1%
KEY Keycorp 0.02% 140,900 $2.5M New
SONY Sony Group Corp. - SP ADR 0.02% 92,785 $2.4M Add +51.7%
ITT Itt Inc. 0.02% 15,025 $2.4M Add +8.0%
ALGN Align Technology Inc. 0.02% 12,282 $2.3M New
XPO Xpo Inc. 0.02% 18,184 $2.3M Add +41.6%
AEM Agnico Eagle Mines Ltd. 0.02% 18,876 $2.2M New
EXR Extra Space Storage Inc. 0.02% 14,926 $2.2M Add +52.1%
ETN Eaton Corp. PLC 0.02% 5,991 $2.1M Add +44.5%
SCI Service Corp. International 0.02% 24,000 $2.0M Add +1.9%
LII Lennox International Inc. 0.02% 3,369 $1.9M Add +48.0%
T AT&T Inc. 0.02% 65,506 $1.9M Add +51.8%
GGB Gerdau SA -Spon ADR 0.02% 644,644 $1.9M Reduce -0.2%
GRFS Grifols SA-ADR 0.02% 195,400 $1.8M Add +1.1%
CSGP Costar Group Inc. 0.02% 21,373 $1.7M Add +2.1%
ASND Ascendis Pharma A/S 0.02% 9,753 $1.7M Add +9.0%
CRH CRH PLC 0.02% 18,028 $1.7M New
MRK Merck & Co. Inc. 0.02% 20,384 $1.6M Reduce -38.1%
CRSP Crispr Therapeutics AG 0.01% 31,645 $1.5M Reduce -55.7%
TRU Transunion 0.01% 17,062 $1.5M Reduce -65.6%
FAF First American Financial 0.01% 24,231 $1.5M Reduce -1.3%
AES AES Corp. 0.01% 130,710 $1.4M Reduce -1.2%
WBS Webster Financial Corp. 0.01% 24,031 $1.3M Reduce -3.2%
TFII Tfi International Inc. 0.01% 14,391 $1.3M Reduce -97.3%
TRN Trinity Industries Inc. 0.01% 45,356 $1.2M Reduce -3.0%
EPAM Epam Systems Inc. 0.01% 6,448 $1.1M Add +1.8%
CVX Chevron Corp. 0.01% 7,582 $1.1M Reduce -87.5%
NSC Norfolk Southern Corp. 0.01% 4,226 $1.1M Reduce -1.7%
BR Broadridge Financial Solutio 0.01% 4,348 $1.1M Reduce -2.4%
SOBO South Bow Corp. 0.01% 33,713 $875K Reduce -24.9%
OWL Blue Owl Capital Inc. 0.01% 44,421 $853K Add +5.8%
URI United Rentals Inc. 0.01% 1,053 $793K Add +14.8%
SBAC SBA Communications Corp. 0.01% 3,154 $741K Reduce -2.6%
UBER Uber Technologies Inc. 0.01% 7,489 $699K Reduce -87.0%
CMS CMS Energy Corp. 0.01% 10,073 $698K Reduce -2.1%
DLTR Dollar Tree Inc. 0.01% 5,793 $574K Reduce -83.9%
TPG TPG Inc. 0.01% 10,689 $561K Add +10.1%
BLD Topbuild Corp. 0.01% 1,668 $540K Add +55.9%
TTWO Take-Two Interactive Softwre 0.00% 1,998 $485K Reduce -54.4%
GH Guardant Health Inc. 0.00% 8,836 $460K Reduce -25.5%
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.00% 3,336 $422K Reduce -3.9%
DOW Dow Inc. 0.00% 15,613 $413K Reduce -3.7%
SRPT Sarepta Therapeutics Inc. 0.00% 23,148 $396K Reduce -15.8%
ADI Analog Devices Inc. 0.00% 1,448 $345K Reduce -5.2%
VLTO Veralto Corp. 0.00% 2,598 $262K Add +11.3%
EIX Edison International 0.00% 4,782 $247K Reduce -5.9%
Other holdings (4): bonds, preferreds, convertibles and warrants · $22.9M (not counted above)
SecurityClassShares / PrincipalValueChange
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 157,520$10.7MAdd +50.7%
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D 154,513$8.3MAdd +74.6%
MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) DEP SHS REPSTG 39,200$2.6MNo change
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 17,584$1.3MAdd +154.8%

Total filed on the 13F, all lines: $10.3B.

Portfolio Sells Q1 2025 → Q2 2025

DB Deutsche Bank AG-Registered Reduce -38.7% 1.61% −1.00
ONC Beone Medicines Ltd.-ADR Reduce -21.0% 0.81% −0.63
AAPL Apple Inc. Reduce -6.0% 1.44% −0.63
ABBV Abbvie Inc. Reduce -45.7% 0.31% −0.50
TFII Tfi International Inc. Reduce -97.3% 0.01% −0.48
HTHT H World Group Ltd.-ADR Reduce -69.8% 0.13% −0.47
DFS Discover Financial Services Sold out 0.00% −0.40
TCOM Trip.com Group Ltd.-ADR Reduce -48.8% 0.22% −0.36
NTES Netease Inc.-ADR Reduce -53.8% 0.29% −0.31
RACE Ferrari NV Reduce -19.1% 0.88% −0.30
STLA Stellantis NV Sold out 0.00% −0.27
BNTX Biontech SE-ADR Reduce -26.3% 0.49% −0.22
REGN Regeneron Pharmaceuticals Reduce -3.2% 0.36% −0.20
CNI Canadian Natl Railway Co. Reduce -29.7% 0.30% −0.20
TBBB BBB Foods Inc. Class A Reduce -30.2% 0.27% −0.19
MSCI MSCI Inc. Sold out 0.00% −0.19
AMAT Applied Materials Inc. Reduce -65.3% 0.09% −0.16
FDX FedEx Corp. Reduce -10.6% 0.31% −0.15
ATO Atmos Energy Corp. Reduce -4.6% 0.40% −0.13
CAT Caterpillar Inc. Reduce -33.6% 0.19% −0.12
CVX Chevron Corp. Reduce -87.5% 0.01% −0.11
BX Blackstone Inc. Reduce -17.9% 0.24% −0.10
GDDY GoDaddy Inc. Class A Sold out 0.00% −0.10
NI Nisource Inc. Reduce -0.7% 0.37% −0.09
DRI Darden Restaurants Inc. Reduce -11.0% 0.27% −0.09
VZ Verizon Communications Inc. Sold out 0.00% −0.09
BORR Borr Drilling Ltd. Sold out 0.00% −0.09
SAP Sap SE-Sponsored ADR Reduce -32.3% 0.14% −0.09
MCD McDonald's Corp. Reduce -32.8% 0.09% −0.09
MO Altria Group Inc. Reduce -9.6% 0.21% −0.09
EQIX Equinix Inc. Sold out 0.00% −0.08
GM General Motors Co. Reduce -61.8% 0.04% −0.08
RYAAY Ryanair Holdings PLC-SP ADR Reduce -16.6% 0.80% −0.08
ABNB Airbnb Inc. Class A Sold out 0.00% −0.07
ZTS Zoetis Inc. Reduce -45.9% 0.05% −0.06
FLUT Flutter Entertainment PLC-Di Reduce -13.5% 0.55% −0.06
NDAQ Nasdaq Inc. Sold out 0.00% −0.06
LEGN Legend Biotech Corp.-ADR Reduce -41.8% 0.05% −0.06
JNJ Johnson & Johnson Sold out 0.00% −0.06
SLB SLB Ltd. Reduce -14.6% 0.06% −0.05
UBER Uber Technologies Inc. Reduce -87.0% 0.01% −0.04
ULS Ul Solutions Inc. Class A Reduce -40.8% 0.07% −0.04
SHOP Shopify Inc. Class A Reduce -2.3% 0.70% −0.04
IBN Icici Bank Ltd.-Spon ADR Reduce -1.4% 0.20% −0.04
MNST Monster Beverage Corp. Reduce -19.6% 0.08% −0.04
CDNS Cadence Design SYS Inc. Sold out 0.00% −0.04
TRU Transunion Reduce -65.6% 0.01% −0.04
LULU Lululemon Athletica Inc. Sold out 0.00% −0.03
VTMX Corp. Inmobiliaria Vesta-ADR Sold out 0.00% −0.03
PFE Pfizer Inc. Reduce -38.4% 0.03% −0.03

Portfolio Buys Q1 2025 → Q2 2025

AVGO Broadcom Inc. Add +7.8% 5.94% +1.77
MSFT Microsoft Corp. Add +22.1% 5.40% +1.24
KLAC KLA Corp. Add +92.7% 1.03% +0.52
COF Capital One Financial Corp. Add +689.3% 0.58% +0.51
NVDA Nvidia Corp. Add +7.6% 2.32% +0.48
RCL Royal Caribbean Cruises Ltd. Add +8.0% 1.70% +0.41
META Meta Platforms Inc. Class A Add +11.2% 3.05% +0.38
CEG Constellation Energy Add +16.2% 0.96% +0.32
GE General Electric Add +17.6% 1.36% +0.24
RPRX Royalty Pharma PLC Class A New 0.23% +0.23
PM Philip Morris International Add +19.2% 2.58% +0.23
QGEN Qiagen N.V. New 0.23% +0.23
RTX RTX Corp. Add +65.2% 0.68% +0.21
HON Honeywell International Inc. Add +102.4% 0.48% +0.21
NFLX Netflix Inc. Add +4.4% 1.11% +0.19
KT KT Corp.-SP ADR Add +121.9% 0.35% +0.18
MELI MercadoLibre Inc. Add +6.5% 1.32% +0.17
NOC Northrop Grumman Corp. Add +60.5% 0.76% +0.16
BAC Bank of America Corp. Add +52.1% 0.54% +0.15
RBLX Roblox Corp. Class A Add +150.9% 0.20% +0.14
EOG EOG Resources Inc. Add +82.4% 0.49% +0.13
CPNG Coupang Inc. Add +13.4% 0.65% +0.13
NET Cloudflare Inc. Class A Add +27.3% 0.26% +0.11
ASML ASML Holding NV-NY Reg SHS Add +18.0% 0.89% +0.11
JPM JPMorgan Chase & Co. Add +12.4% 1.77% +0.11
PBR Petroleo Brasileiro-Spon ADR New 0.11% +0.11
PDD PDD Holdings Inc. Add +97.3% 0.36% +0.10
ZBH Zimmer Biomet Holdings Inc. New 0.10% +0.10
MU Micron Technology Inc. Add +5.3% 0.57% +0.09
ACN Accenture PLC Class A Add +77.8% 0.33% +0.09
BA The Boeing Co. Add +32.1% 0.37% +0.09
GOOGL Alphabet Inc. Class A Add +21.9% 0.83% +0.09
FE Firstenergy Corp. Add +144.3% 0.17% +0.08
BTI British American Tob-SP ADR Add +48.6% 0.31% +0.08
KOF Coca-Cola Femsa Sab-SP ADR New 0.08% +0.08
MS Morgan Stanley Add +39.2% 0.29% +0.07
KKR KKR & Co. Inc. Add +28.0% 0.47% +0.07
SPGI S&P Global Inc. Add +53.3% 0.33% +0.07
EL Estee Lauder Companies Class A Add +304.4% 0.09% +0.07
CVS CVS Health Corp. Add +45.1% 0.45% +0.07
BLK BlackRock Inc. Add +26.9% 0.60% +0.07
LHX L3HARRIS Technologies Inc. Add +46.2% 0.23% +0.07
DAL Delta Air Lines Inc. Add +50.9% 0.24% +0.06
IBM Intl Business Machines Corp. Add +48.4% 0.21% +0.06
SO The Southern Co. Add +60.4% 0.27% +0.06
BZ Kanzhun Ltd. - ADR Add +91.0% 0.20% +0.06
AXP American Express Co. Add +102.9% 0.12% +0.06
WFC Wells Fargo & Co. Add +39.0% 0.29% +0.06
ORCL Oracle Corp. Add +45.5% 0.12% +0.05
APD Air Products & Chemicals Inc. Add +59.2% 0.29% +0.05

Notes & Other Activity Q1 2025 → Q2 2025

BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A Add +50.7% 157,520 $10.7M
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D Add +74.6% 154,513 $8.3M
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV Add +154.8% 17,584 $1.3M

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 295$14.2BAVGO, MSFT, KLAC, NVDA, AAPL
Q1 2026 298$12.9BAVGO, MSFT, AZN, TTE, NVDA
Q4 2025 304$12.7BAVGO, MSFT, NVDA, META, PM
Q3 2025 301$12.5BAVGO, MSFT, META, NVDA, PM
Q2 2025 297$10.3BAVGO, MSFT, META, PM, NVDA
Q1 2025 303$8.2BAVGO, MSFT, META, DB, PM
Q4 2024 301$8.5BAVGO, MSFT, META, AAPL, DB
Q3 2024 303$7.9BAVGO, MSFT, META, AAPL, PM
Q2 2024 306$7.5BAVGO, MSFT, META, TFII, AAPL
Q1 2024 315$7.4BMSFT, AVGO, TFII, META, ONC