Capital International Investors

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Capital International Investors reported 435 stock positions worth $577.8 billion. Its top holding was Broadcom (AVGO) at 7.2% of the portfolio, followed by Microsoft (MSFT, 6.8%) and Meta Platforms Class A (META, 3.1%). Compared with Q1 2025, it opened 33 new positions, sold out of 31, added to 198 and reduced 170. The biggest buy was Microsoft (MSFT, shares +1%) and the biggest sale Unitedhealth (UNH, shares −5%).

Most Recent 13F
Q2 2026
Location
Los Angeles, CA
CIK
0001562230
Portfolio Value
$577.8B (Q2 2025)
SEC Filing
0001422848-25-000145 ↗ filed Aug 13, 2025

Holdings Value

0$200.0B$400.0B$600.0B$800.0B Q1 2024: $493.7B Q1 2024 Q2 2024: $485.6B Q2 2024 Q3 2024: $520.8B Q3 2024 Q4 2024: $531.2B Q4 2024 Q1 2025: $506.3B Q1 2025 Q2 2025: $577.8B $577.8B Q2 2025 Q3 2025: $617.0B Q3 2025 Q4 2025: $635.3B Q4 2025 Q1 2026: $425.0B Q1 2026 Q2 2026: $480.4B Q2 2026

Holdings 435 stocks · $577.8B

AVGO Broadcom Inc. 7.21% 151,198,052 $41.7B Reduce -7.6%
MSFT Microsoft Corp. 6.84% 79,511,159 $39.5B Add +1.1%
META Meta Platforms Inc. Class A 3.14% 24,574,720 $18.1B Reduce -1.3%
GOOG Alphabet Inc. Class C 2.83% 92,140,586 $16.3B Reduce -0.6%
PM Philip Morris International 2.78% 88,267,986 $16.1B Reduce -4.6%
NVDA Nvidia Corp. 2.66% 97,126,641 $15.3B Reduce -2.3%
AMZN Amazon.com Inc. 2.33% 61,283,559 $13.4B Reduce -1.7%
GE General Electric filed as GE AEROSPACE 2.12% 47,593,784 $12.2B Add +0.6%
AAPL Apple Inc. 1.86% 52,350,493 $10.7B Reduce -8.3%
RCL Royal Caribbean Cruises Ltd. 1.77% 32,641,646 $10.2B Add +2.0%
MA Mastercard Inc. Class A 1.70% 17,431,516 $9.8B Add +0.5%
TDG Transdigm Group Inc. 1.64% 6,234,443 $9.5B Reduce -0.4%
CEG Constellation Energy 1.57% 28,175,416 $9.1B Reduce -2.5%
ABT Abbott Laboratories 1.42% 60,136,663 $8.2B Reduce -10.0%
RTX RTX Corp. 1.41% 55,912,928 $8.2B Add +2.8%
JPM JPMorgan Chase & Co. 1.41% 28,137,573 $8.2B Reduce -2.2%
V Visa Inc. Class A 1.31% 21,285,339 $7.6B Add +0.5%
LLY Eli Lilly & Co. 1.27% 9,422,128 $7.3B Reduce -0.8%
WELL Welltower Inc. 1.19% 44,673,321 $6.9B Add +4.9%
NOC Northrop Grumman Corp. 1.04% 11,966,741 $6.0B Add +35.2%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 1.02% 14,631,088 $5.9B Reduce -0.3%
GOOGL Alphabet Inc. Class A 1.01% 33,240,812 $5.9B Reduce -5.0%
TSM Taiwan Semiconductor-SP ADR 1.01% 25,624,583 $5.8B Add +4.8%
AMGN Amgen Inc. 0.91% 18,910,776 $5.3B Add +24.9%
KLAC KLA Corp. 0.89% 5,718,976 $5.1B Add +60.1%
CRM Salesforce Inc. 0.86% 18,321,679 $5.0B Add +34.9%
UNH Unitedhealth Group Inc. 0.85% 15,752,612 $4.9B Reduce -5.4%
MDLZ Mondelez International Inc. Class A 0.84% 71,602,448 $4.8B Add +25.9%
SHOP Shopify Inc. Class A 0.80% 40,056,659 $4.6B Add +13.4%
TFC Truist Financial Corp. 0.80% 107,296,308 $4.6B Add +2.5%
NFLX Netflix Inc. 0.77% 3,308,344 $4.4B Reduce -0.8%
MELI MercadoLibre Inc. 0.74% 1,632,193 $4.3B Reduce -6.5%
KKR KKR & Co. Inc. 0.73% 31,772,984 $4.2B Add +10.7%
MRSH Marsh & McLennan Cos 0.69% 18,369,664 $4.0B Add +0.5%
CARR Carrier Global Corp. 0.69% 54,351,778 $4.0B Reduce -6.8%
CHTR Charter Communications Inc. Class A 0.69% 9,728,293 $4.0B Reduce -3.5%
GEV GE Vernova Inc. 0.68% 7,475,266 $4.0B Reduce -38.3%
MS Morgan Stanley 0.66% 27,153,727 $3.8B Add +0.6%
SRE Sempra 0.65% 49,498,894 $3.8B Reduce -3.4%
ACN Accenture PLC Class A 0.63% 12,143,204 $3.6B Add +70.3%
IR Ingersoll-Rand Inc. 0.61% 42,185,939 $3.5B Add +1.3%
COP Conocophillips 0.60% 38,607,524 $3.5B Add +8.8%
PAYX Paychex Inc. 0.57% 22,514,178 $3.3B Reduce -12.3%
DHR Danaher Corp. 0.56% 16,445,289 $3.2B Add +9.2%
RBLX Roblox Corp. Class A 0.55% 30,412,888 $3.2B Add +684.9%
CNP Centerpoint Energy Inc. 0.55% 86,296,254 $3.2B Reduce -1.1%
TMUS T-Mobile US Inc. 0.54% 13,015,010 $3.1B Add +68.6%
BMY Bristol-Myers Squibb Co. 0.53% 66,162,432 $3.1B Reduce -0.5%
LIN Linde PLC 0.53% 6,528,518 $3.1B Reduce -2.8%
BTI British American Tob-SP ADR 0.51% 62,166,377 $2.9B Add +1.3%
XOM Exxon Mobil Corp. 0.50% 26,802,820 $2.9B Add +2.9%
WFC Wells Fargo & Co. 0.50% 35,826,112 $2.9B Reduce -11.5%
MU Micron Technology Inc. 0.50% 23,216,961 $2.9B Add +8.8%
EFX Equifax Inc. 0.47% 10,478,466 $2.7B Add +4.0%
ASML ASML Holding NV-NY Reg SHS 0.46% 3,341,706 $2.7B Add +0.7%
DB Deutsche Bank AG-Registered 0.45% 86,625,397 $2.6B Reduce -9.8%
ABBV Abbvie Inc. 0.44% 13,651,422 $2.5B Reduce -33.5%
ELV Elevance Health Inc. 0.44% 6,488,029 $2.5B Add +16.8%
NOW ServiceNow Inc. 0.43% 2,436,952 $2.5B Add +1.2%
SO The Southern Co. 0.41% 25,891,240 $2.4B Add +0.5%
APD Air Products & Chemicals Inc. 0.40% 8,260,524 $2.3B Add +33.9%
YUM Yum! Brands Inc. 0.40% 15,692,567 $2.3B Add +1.2%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.40% 7,149,487 $2.3B Reduce -1.1%
AZN Astrazeneca PLC-Spons ADR 0.38% 31,404,983 $2.2B Add +0.4%
RYAAY Ryanair Holdings PLC-SP ADR 0.36% 36,462,730 $2.1B Reduce -2.6%
URI United Rentals Inc. 0.36% 2,771,040 $2.1B Add +11.2%
PGR Progressive Corp. 0.35% 7,658,465 $2.0B Add +41.1%
BURL Burlington Stores Inc. 0.35% 8,605,685 $2.0B Add +50.7%
TOST Toast Inc. Class A 0.35% 45,076,515 $2.0B Add +1.1%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.34% 60,870,969 $2.0B Reduce -0.3%
UNP Union Pacific Corp. 0.34% 8,419,930 $1.9B Add +0.5%
BLK BlackRock Inc. 0.33% 1,830,497 $1.9B Add +0.8%
PNC PNC Financial Services Group 0.33% 10,225,932 $1.9B Reduce -10.9%
EA Electronic Arts Inc. 0.33% 11,796,714 $1.9B Add +1.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.32% 15,047,591 $1.9B Add +1.5%
HLT Hilton Worldwide Holdings Inc. 0.32% 6,973,528 $1.9B Add +1.0%
CVS CVS Health Corp. 0.32% 26,389,704 $1.8B Add +0.8%
HD Home Depot Inc. 0.31% 4,917,503 $1.8B Add +3.8%
CB Chubb Ltd. 0.31% 6,189,162 $1.8B Add +1.1%
HSY The Hershey Co. 0.31% 10,662,022 $1.8B Reduce -8.1%
UAL United Airlines Holdings Inc. 0.30% 21,995,609 $1.8B Add +10.3%
FDX FedEx Corp. 0.30% 7,525,748 $1.7B Reduce -22.1%
REGN Regeneron Pharmaceuticals 0.29% 3,165,263 $1.7B Reduce -20.6%
ATO Atmos Energy Corp. 0.28% 10,606,060 $1.6B Add +8.6%
TRP TC Energy Corp. 0.28% 33,091,725 $1.6B Reduce -9.9%
FTAI Ftai Aviation Ltd. 0.27% 13,801,469 $1.6B Add +0.9%
B Barrick Mining Corp. 0.27% 74,925,369 $1.6B Add +60.9%
CMG Chipotle Mexican Grill Inc. 0.26% 27,026,269 $1.5B Add +54.8%
IP International Paper Co. 0.26% 32,368,657 $1.5B Add +47.8%
APO Apollo Global Management Inc. 0.26% 10,603,369 $1.5B Reduce -4.3%
TXN Texas Instruments Inc. 0.26% 7,110,758 $1.5B Reduce -4.8%
KO The Coca-Cola Co. 0.25% 20,427,947 $1.4B Reduce -25.6%
ATI Ati Inc. 0.25% 16,711,428 $1.4B Reduce -1.1%
CTVA Corteva Inc. 0.24% 18,787,125 $1.4B Reduce -9.9%
BX Blackstone Inc. 0.24% 9,359,514 $1.4B Reduce -20.1%
SPGI S&P Global Inc. 0.24% 2,609,434 $1.4B Reduce -13.8%
ITT Itt Inc. 0.23% 8,499,796 $1.3B Add +3.3%
TSCO Tractor Supply Company 0.22% 23,832,445 $1.3B Add +44.7%
CME Cme Group Inc. 0.21% 4,463,831 $1.2B Add +0.7%
SAP Sap SE-Sponsored ADR 0.21% 4,058,089 $1.2B Reduce -44.3%
DAL Delta Air Lines Inc. 0.21% 24,939,948 $1.2B Add +45.0%
CSGP Costar Group Inc. 0.21% 14,819,416 $1.2B Add +1.0%
ONC Beone Medicines Ltd.-ADR 0.20% 4,885,006 $1.2B Reduce -4.0%
VRTX Vertex Pharmaceuticals Inc. 0.20% 2,635,903 $1.2B Add +305.6%
OWL Blue Owl Capital Inc. 0.20% 60,584,461 $1.2B Add +10.6%
DAY Dayforce Inc. 0.20% 20,576,340 $1.1B Reduce -1.9%
WCN Waste Connections Inc. 0.19% 6,005,812 $1.1B Add +0.5%
MAR Marriott International Class A 0.19% 4,101,884 $1.1B Add +1.2%
SBUX Starbucks Corp. 0.19% 11,992,293 $1.1B Add +17.5%
CNI Canadian Natl Railway Co. 0.19% 10,505,583 $1.1B Reduce -9.1%
CGMU Cap Group Municipal Income 0.18% 39,694,561 $1.1B Reduce -0.4%
NCLH Norwegian Cruise Line Holdin 0.18% 51,999,598 $1.1B Reduce -6.5%
EQT Eqt Corp. 0.18% 17,928,945 $1.0B Add +22.7%
AMX America Movil Sab DE CV 0.18% 57,253,381 $1.0B Reduce -3.3%
ARMK Aramark 0.17% 24,066,694 $1.0B Add +2.0%
MTD Mettler-Toledo International 0.17% 849,164 $997.5M Add +7.5%
BKNG Booking Holdings Inc. 0.17% 172,130 $996.5M Add +2.3%
PG The Procter & Gamble Co. 0.17% 6,019,930 $959.1M Add +0.5%
CPNG Coupang Inc. 0.16% 31,732,005 $950.7M Add +1.4%
EOG EOG Resources Inc. 0.16% 7,941,971 $950.0M Add +0.5%
DLTR Dollar Tree Inc. 0.16% 9,532,333 $944.1M Reduce -4.2%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.16% 23,691,285 $935.6M Reduce -0.1%
EWBC East West Bancorp Inc. 0.16% 9,128,872 $921.9M Add +0.9%
CHD Church & Dwight Co. Inc. 0.16% 9,517,832 $914.6M Add +5.8%
SHW The Sherwin-Williams Co. 0.16% 2,622,977 $900.7M Add +37.7%
BAM Brookfield Asset Mgmt-A 0.16% 16,273,490 $899.6M Add +0.6%
LII Lennox International Inc. 0.16% 1,565,529 $897.3M Add +3.8%
FLUT Flutter Entertainment PLC-Di 0.15% 3,103,374 $886.7M Add +0.4%
CVE Cenovus Energy Inc. 0.14% 61,121,314 $831.6M Add +30.2%
NVO Novo-Nordisk A/S-Spons ADR 0.14% 11,621,232 $800.1M Add +22.2%
RPRX Royalty Pharma PLC Class A 0.14% 21,880,620 $788.4M New
MTN Vail Resorts Inc. 0.13% 4,928,134 $774.4M Add +4.4%
ACGL Arch Capital Group Ltd. 0.13% 8,503,963 $774.3M Add +7.8%
INSM Insmed Inc. 0.13% 7,478,859 $752.7M Add +3.9%
REXR Rexford Industrial Realty Inc. 0.13% 20,952,752 $745.4M Reduce -0.2%
TEAM Atlassian Corp. Class A 0.13% 3,632,514 $737.7M Add +0.2%
ARES Ares Management Corp. Class A 0.13% 4,227,281 $732.2M Add +1.2%
STZ Constellation Brands Inc. Class A 0.12% 4,309,018 $700.9M Add +0.1%
DG Dollar General Corp. 0.12% 6,014,330 $687.9M Reduce -35.6%
IBN Icici Bank Ltd.-Spon ADR 0.12% 20,352,830 $684.7M Add +1.3%
AMAT Applied Materials Inc. 0.12% 3,737,399 $684.2M Reduce -71.0%
WPM Wheaton Precious Metals Corp. 0.12% 7,549,606 $678.0M Add +10.0%
PCG P G & E Corp. 0.12% 48,430,650 $675.1M Reduce -13.8%
PLD Prologis Inc. 0.11% 6,300,536 $662.3M Add +26.3%
ETR Entergy Corp. 0.11% 7,845,716 $652.0M Reduce -0.4%
RACE Ferrari NV 0.11% 1,321,610 $647.9M Add +0.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.11% 5,125,371 $635.6M Add +0.3%
ZBH Zimmer Biomet Holdings Inc. 0.11% 6,772,287 $617.7M New
AON Aon PLC Class A 0.11% 1,703,080 $607.3M Add +1.3%
ETN Eaton Corp. PLC 0.11% 1,700,879 $607.2M Add +0.3%
CGCP Cap Group Core Plus Income 0.10% 26,791,883 $602.8M Add +28.6%
TPG TPG Inc. 0.10% 11,290,128 $592.2M Add +34.4%
OMF Onemain Holdings Inc. 0.10% 10,294,388 $586.8M Add +0.4%
CGDG Cap Group Dividend Growers filed as CAPITAL GROUP DIVIDEND GROWE 0.10% 17,350,853 $583.5M Reduce -0.0%
CSX CSX Corp. 0.10% 17,788,742 $580.8M Reduce -0.6%
ADI Analog Devices Inc. 0.10% 2,322,437 $552.8M Reduce -11.0%
CMCSA Comcast Corp. Class A 0.09% 14,966,287 $534.0M Reduce -1.2%
ASND Ascendis Pharma A/S 0.09% 3,046,931 $525.9M Add +6.0%
EXR Extra Space Storage Inc. 0.09% 3,561,988 $525.2M Add +0.6%
COST Costco Wholesale Corp. 0.09% 517,585 $512.3M Add +0.3%
U Unity Software Inc. 0.09% 20,608,111 $498.7M Add +1.3%
ULS Ul Solutions Inc. Class A 0.09% 6,809,591 $496.0M Reduce -42.1%
MOH Molina Healthcare Inc. 0.08% 1,626,068 $484.4M Add +0.9%
VALE Vale SA-SP ADR 0.07% 44,305,121 $430.3M Add +49.0%
FCX Freeport-McMoran Inc. 0.07% 9,662,885 $419.0M Reduce -13.8%
COF Capital One Financial Corp. 0.07% 1,943,200 $413.3M Add +178.5%
EQH Equitable Holdings Inc. 0.07% 7,367,536 $413.3M Add +74.6%
DRI Darden Restaurants Inc. 0.07% 1,884,203 $410.4M Reduce -81.6%
SOBO South Bow Corp. 0.07% 15,395,507 $399.7M Reduce -12.2%
AWI Armstrong World Industries 0.07% 2,431,051 $394.9M Add +2.0%
SAIA Saia Inc. 0.07% 1,407,608 $385.7M Reduce -8.7%
NKE Nike Inc. Class B 0.07% 5,423,011 $385.3M Add +36.2%
PDD PDD Holdings Inc. 0.07% 3,625,911 $379.5M Add +32.0%
BLD Topbuild Corp. 0.06% 1,148,965 $372.0M Add +8.7%
TCOM Trip.com Group Ltd.-ADR 0.06% 6,341,290 $371.9M Reduce -6.6%
VST Vistra Corp. 0.06% 1,917,993 $371.7M Add +0.4%
PCAR Paccar Inc. 0.06% 3,887,684 $369.6M Reduce -35.5%
TMO Thermo Fisher Scientific Inc. 0.06% 909,309 $368.7M New
TTWO Take-Two Interactive Softwre 0.06% 1,514,482 $367.8M Reduce -63.6%
BIL SS SPDR BB 1-3M T-Bill ETF 0.06% 3,994,685 $366.4M Add +69.9%
BR Broadridge Financial Solutio 0.06% 1,506,043 $366.0M Reduce -1.6%
CVX Chevron Corp. 0.06% 2,541,039 $363.9M Reduce -2.7%
RELX Relx PLC - Spon ADR 0.06% 6,397,255 $345.3M Add +0.7%
FCNCA First Citizens Bcshs Class A 0.06% 175,347 $343.1M Reduce -0.8%
AMT American Tower Corp. 0.06% 1,498,530 $331.2M Add +0.5%
SPOT Spotify Technology SA 0.06% 429,628 $330.5M Reduce -1.6%
SNAP Snap Inc. Class A 0.06% 37,684,216 $327.5M Reduce -4.9%
APH Amphenol Corp. Class A 0.06% 3,292,347 $325.1M Add +0.4%
MKSI MKS Inc. 0.06% 3,252,586 $323.2M Add +5.0%
MRK Merck & Co. Inc. 0.06% 4,064,975 $321.8M Reduce -15.6%
CGSM Cap Group Short Muni Income 0.06% 12,206,945 $318.4M Reduce -0.8%
FN Fabrinet 0.06% 1,078,943 $317.9M Add +0.2%
NTR Nutrien Ltd. 0.05% 5,444,371 $317.2M Add +181.8%
DDOG Datadog Inc. Class A 0.05% 2,342,336 $314.6M Add +80.8%
STT State Street Corp. 0.05% 2,931,610 $311.7M Reduce -32.8%
TEL Te Connectivity PLC 0.05% 1,819,052 $306.8M New
ALGN Align Technology Inc. 0.05% 1,616,980 $306.1M New
HON Honeywell International Inc. 0.05% 1,243,063 $289.3M Reduce -43.3%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 0.05% 4,058,892 $288.1M Reduce -20.2%
NI Nisource Inc. 0.05% 7,070,566 $285.2M Add +0.7%
APP AppLovin Corp. Class A 0.05% 811,904 $284.2M Add +89.0%
CRSP Crispr Therapeutics AG 0.05% 5,593,747 $272.1M Reduce -7.9%
CHDN Churchill Downs Inc. 0.05% 2,663,929 $269.1M Add +180.7%
BRK.B Berkshire Hathaway Inc. Class B 0.05% 553,857 $269.0M New
CR Crane Co. 0.05% 1,400,065 $265.9M Add +0.4%
CFG Citizens Financial Group 0.05% 5,908,690 $264.4M Add +0.3%
CGCB Cap Group Core Bond 0.04% 9,883,029 $259.9M Add +27.7%
TSLA Tesla Inc. 0.04% 817,137 $259.6M Reduce -33.1%
GH Guardant Health Inc. 0.04% 4,976,458 $259.0M Reduce -3.3%
NEE Nextera Energy Inc. 0.04% 3,657,600 $253.9M Add +0.5%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.04% 18,002,578 $247.0M Reduce -10.1%
SAND Sandstorm Gold Ltd. 0.04% 25,010,849 $235.1M No change
AES AES Corp. 0.04% 21,567,881 $227.1M Reduce -1.2%
CWST Casella Waste Systems Inc. Class A 0.04% 1,960,075 $226.2M Add +37.6%
RIVN Rivian Automotive Inc. Class A 0.04% 16,189,733 $222.4M Add +21.9%
WBS Webster Financial Corp. 0.04% 4,070,882 $222.3M Reduce -2.1%
ON On Semiconductor 0.04% 4,227,268 $221.6M Reduce -0.3%
PBR Petroleo Brasileiro-Spon ADR 0.04% 17,619,209 $220.4M New
KT KT Corp.-SP ADR 0.04% 10,591,440 $220.1M Reduce -2.1%
UBER Uber Technologies Inc. 0.04% 2,303,745 $214.9M Add +251.6%
TTE Totalenergies SE -Spon ADR 0.04% 3,395,870 $208.8M Reduce -32.3%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.04% 5,989,564 $202.5M Reduce -2.4%
ECL Ecolab Inc. 0.04% 751,231 $202.4M Add +0.8%
PAY Paymentus Holdings Inc. Class A 0.03% 6,108,266 $200.0M Add +9.2%
KHC The Kraft Heinz Co. 0.03% 7,552,736 $195.0M Add +0.4%
GLOB Globant SA 0.03% 2,108,700 $191.6M Add +7.2%
NWG Natwest Group PLC -Spon ADR 0.03% 13,374,619 $187.9M Reduce -0.5%
TBBB BBB Foods Inc. Class A 0.03% 6,723,752 $186.7M Add +0.1%
PI Impinj Inc. 0.03% 1,564,251 $173.7M Add +2.4%
CAVA Cava Group Inc. 0.03% 2,059,183 $173.4M Add +0.2%
AZZ Azz Inc. 0.03% 1,803,718 $170.4M Add +11.7%
WTFC Wintrust Financial Corp. 0.03% 1,367,835 $169.6M Reduce -14.0%
EPAC Enerpac Tool Group Corp. 0.03% 4,126,230 $167.4M Reduce -5.1%
ALKT Alkami Technology Inc. 0.03% 5,464,036 $164.7M Add +43.2%
NCNO Ncino Inc. 0.03% 5,857,423 $163.8M Add +2.7%
EVR Evercore Inc. Class A 0.03% 601,048 $162.3M New
HEI Heico Corp. 0.03% 494,913 $162.2M Add +6.8%
LYB Lyondellbasell Indu Class A 0.03% 2,797,611 $161.9M Add +0.4%
KAI Kadant Inc. 0.03% 506,569 $160.8M Reduce -8.2%
OSIS Osi Systems Inc. 0.03% 674,343 $151.6M No change
ACA Arcosa Inc. 0.03% 1,737,110 $150.6M Add +9.2%
SSB Southstate Bank Corp. 0.03% 1,620,981 $149.2M No change
CELH Celsius Holdings Inc. 0.03% 3,122,086 $144.8M No change
HLI Houlihan Lokey Inc. 0.02% 798,358 $143.7M Add +0.4%
ESNT Essent Group Ltd. 0.02% 2,362,465 $143.5M Reduce -0.3%
MMYT Makemytrip Ltd. 0.02% 1,407,156 $137.9M Reduce -8.5%
FIS Fidelity National Info Serv 0.02% 1,693,552 $137.9M Add +0.7%
MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC 0.02% 3,488,093 $137.7M Add +14.9%
FICO Fair Isaac Corp. 0.02% 75,149 $137.4M Add +0.3%
WSC Willscot Holdings Corp. 0.02% 4,963,318 $136.0M Reduce -6.6%
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 0.02% 3,145,429 $134.7M Add +23.1%
TRN Trinity Industries Inc. 0.02% 4,909,457 $132.6M Add +1.9%
SCI Service Corp. International 0.02% 1,624,936 $132.3M Add +0.1%
PSA Public Storage 0.02% 444,006 $130.3M Reduce -51.6%
SKWD Skyward Specialty Insurance 0.02% 2,212,710 $127.9M No change
SCHW Schwab (charles) Corp. 0.02% 1,388,294 $126.7M Add +0.8%
FND Floor & Decor Holdings Inc. Class A 0.02% 1,638,843 $124.5M Add +44.8%
NPO Enpro Inc. 0.02% 646,280 $123.8M Reduce -20.1%
BNTX Biontech SE-ADR 0.02% 1,133,473 $120.7M Reduce -20.6%
WSO Watsco Inc. 0.02% 271,662 $120.0M New
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.02% 1,106,224 $119.3M No change
MCK McKesson Corp. 0.02% 162,554 $119.1M Add +9.5%
RBRK Rubrik Inc. Class A 0.02% 1,321,667 $118.4M Reduce -24.5%
FIX Comfort Systems USA Inc. 0.02% 206,942 $111.0M Reduce -6.1%
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.02% 877,042 $110.9M Add +0.5%
BUD Anheuser-Busch Inbev-SPN ADR 0.02% 1,596,917 $109.4M Reduce -32.3%
TRU Transunion 0.02% 1,242,650 $109.4M Reduce -68.5%
HUBG Hub Group Inc. Class A 0.02% 3,263,733 $109.1M Reduce -5.0%
CG The Carlyle Group Inc. 0.02% 2,075,774 $106.7M Add +0.8%
WING Wingstop Inc. 0.02% 315,706 $106.3M New
TTAN Servicetitan Inc. Class A 0.02% 981,175 $105.2M Add +106.9%
ELF Elf Beauty Inc. 0.02% 837,237 $104.2M New
BP BP PLC-Spons ADR 0.02% 3,422,163 $103.8M Reduce -12.2%
GIS General Mills Inc. 0.02% 1,979,813 $102.6M Reduce -2.1%
HEI.A Heico Corp. Class A 0.02% 395,209 $102.2M Reduce -2.3%
BBVA Banco Bilbao Vizcaya-SP ADR 0.02% 6,576,299 $100.4M Add +8814.4%
HTHT H World Group Ltd.-ADR 0.02% 2,937,172 $99.6M Reduce -39.6%
XENE Xenon Pharmaceuticals Inc. 0.02% 3,181,549 $99.6M Add +3.0%
WM Waste Management Inc. 0.02% 430,350 $98.5M Reduce -15.6%
VEEV Veeva Systems Inc. Class A 0.02% 341,251 $98.3M Add +0.8%
NOVT Novanta Inc. 0.02% 755,395 $97.4M No change
QGEN Qiagen N.V. 0.02% 2,024,754 $97.2M Reduce -14.1%
GWRE Guidewire Software Inc. 0.02% 412,821 $97.2M Add +0.7%
SSNC Ss&c Technologies Holdings 0.02% 1,158,054 $95.9M Add +0.5%
CXT Crane NXT Co. 0.02% 1,716,724 $92.5M Add +0.3%
JNJ Johnson & Johnson 0.02% 598,696 $91.5M Reduce -83.8%
PHR Phreesia Inc. 0.02% 3,134,872 $89.2M Add +14.3%
GGB Gerdau SA -Spon ADR 0.02% 30,464,285 $89.0M Add +0.1%
FCPT Four Corners Property Trust 0.02% 3,246,154 $87.4M Add +43.2%
SBAC SBA Communications Corp. 0.01% 366,991 $86.2M Reduce -0.0%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.01% 1,066,201 $86.1M New
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 0.01% 684,271 $84.6M New
BZ Kanzhun Ltd. - ADR 0.01% 4,732,612 $84.4M Add +90.6%
KLIC Kulicke & Soffa Industries 0.01% 2,390,272 $82.7M Reduce -42.5%
TW Tradeweb Markets Inc. Class A 0.01% 560,028 $82.0M Add +0.8%
LMB Limbach Holdings Inc. 0.01% 582,805 $81.7M Add +290.4%
WH Wyndham Hotels & Resorts Inc. 0.01% 991,153 $80.5M Add +18.8%
MOD Modine Manufacturing Co. 0.01% 813,849 $80.2M Reduce -12.0%
WMS Advanced Drainage Systems Inc. 0.01% 692,351 $79.5M Add +437.4%
WHD Cactus Inc. Class A 0.01% 1,793,382 $78.4M No change
NTES Netease Inc.-ADR 0.01% 575,983 $76.7M Reduce -12.2%
CDRE Cadre Holdings Inc. 0.01% 2,320,341 $73.9M Add +3.5%
TTEK Tetra Tech Inc. 0.01% 2,028,190 $72.9M Reduce -0.0%
NGG National Grid PLC-SP ADR 0.01% 981,125 $72.1M Reduce -19.6%
FYBR Frontier Communications Pare 0.01% 1,979,821 $72.1M Add +0.3%
AAON Aaon Inc. 0.01% 975,211 $71.9M Add +109.0%
TFII Tfi International Inc. 0.01% 796,362 $71.9M Reduce -72.5%
SAN Banco Santander SA-Spon ADR 0.01% 8,672,990 $71.5M New
AME Ametek Inc. 0.01% 395,032 $71.4M Reduce -38.1%
POWI Power Integrations Inc. 0.01% 1,265,189 $70.7M Reduce -15.8%
KLG WK Kellogg Co. 0.01% 4,412,189 $70.3M No change
GBCI Glacier Bancorp Inc. 0.01% 1,488,266 $64.1M No change
AXON Axon Enterprise Inc. 0.01% 75,760 $62.7M Add +1.7%
HUBS HubSpot Inc. 0.01% 111,806 $62.2M Add +0.5%
RYAN Ryan Specialty Holdings Inc. 0.01% 821,014 $55.8M Add +6.9%
CECO Ceco Environmental Corp. 0.01% 1,971,334 $55.8M No change
KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC 0.01% 671,937 $55.3M Add +22.4%
TAP Molson Coors Beverage Co. Class B 0.01% 1,132,874 $54.5M Add +0.2%
UPWK Upwork Inc. 0.01% 3,986,549 $53.6M Add +2.3%
SSD Simpson Manufacturing Co. Inc. 0.01% 342,325 $53.2M Reduce -15.1%
FMC FMC Corp. 0.01% 1,232,705 $51.5M New
FAF First American Financial 0.01% 833,392 $51.2M Add +9.6%
LOMA Loma Negra Cia Ind-Spon ADR 0.01% 4,650,575 $51.0M Add +0.9%
CAE Cae Inc. 0.01% 1,657,584 $48.6M No change
CGHY Cap Group High Yield Bond 0.01% 1,920,000 $48.4M New
TLN Talen Energy Corp. 0.01% 159,843 $46.5M Reduce -0.3%
SONY Sony Group Corp. - SP ADR 0.01% 1,753,590 $46.1M Add +3317.5%
PRGS Progress Software Corp. 0.01% 722,081 $46.1M No change
NSIT Insight Enterprises Inc. 0.01% 332,387 $45.9M No change
TEVA Teva Pharmaceutical-SP ADR 0.01% 2,708,988 $45.4M Add +0.3%
ODD Oddity Tech Ltd. Class A 0.01% 596,306 $45.0M Reduce -56.3%
FVRR Fiverr International Ltd. 0.01% 1,518,959 $44.6M No change
IDA Idacorp Inc. 0.01% 377,251 $43.6M New
COIN Coinbase Global Inc. Class A 0.01% 124,086 $43.5M New
FLEX Flex Ltd. 0.01% 864,879 $43.2M Add +0.0%
CRCL Circle Internet Group Inc. 0.01% 231,478 $42.0M New
KRMN Karman Holdings Inc. 0.01% 831,719 $41.9M Reduce -16.8%
CSW CSW Industrials Inc. 0.01% 145,891 $41.8M Reduce -35.5%
LYV Live Nation Entertainment Inc. 0.01% 260,976 $39.5M Add +0.9%
MLYS Mineralys Therapeutics Inc. 0.01% 2,899,020 $39.2M New
NSC Norfolk Southern Corp. 0.01% 152,950 $39.1M Add +10.6%
CGNX Cognex Corp. 0.01% 1,219,012 $38.7M Add +16.0%
CYTK Cytokinetics Inc. 0.01% 1,168,110 $38.6M No change
LEGN Legend Biotech Corp.-ADR 0.01% 1,082,473 $38.4M Reduce -35.5%
LOAR Loar Holdings Inc. 0.01% 442,028 $38.1M Reduce -11.8%
NAMS Newamsterdam Pharma Co. NV 0.01% 2,062,535 $37.4M No change
CGIB Cap Group Intl Bond HDG 0.01% 1,475,300 $37.2M Reduce -11.9%
CMA Comerica Inc. 0.01% 611,973 $36.5M New
BHP BHP Group Ltd.-Spon ADR 0.01% 747,052 $36.3M Add +0.3%
AHL Aspen Insurance Holdings Class A 0.01% 1,150,000 $36.2M New
SYRE Spyre Therapeutics Inc. 0.01% 2,392,541 $35.8M No change
RDN Radian Group Inc. 0.01% 961,287 $34.6M No change
AFRM Affirm Holdings Inc. 0.01% 487,273 $33.7M Reduce -62.4%
GPCR Structure Therapeutics Inc. 0.01% 1,618,876 $33.6M Reduce -0.0%
CMS CMS Energy Corp. 0.01% 479,557 $33.2M Reduce -12.5%
FIP Ftai Infrastructure Inc. 0.01% 5,345,350 $33.0M No change
FSS Federal Signal Corp. 0.01% 299,099 $31.8M Add +31.2%
MSCI MSCI Inc. 0.01% 54,569 $31.5M Reduce -87.8%
FRME First Merchants Corp. 0.01% 818,755 $31.4M No change
OSW Onespaworld Holdings Ltd. 0.01% 1,528,664 $31.2M Reduce -42.1%
CNQ Canadian Natural Resources 0.01% 977,643 $30.7M Add +0.4%
HCC Warrior Met Coal Inc. 0.01% 670,428 $30.7M New
FCN Fti Consulting Inc. 0.01% 190,072 $30.7M No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.01% 167,224 $30.0M Add +0.3%
GNRC Generac Holdings Inc. 0.01% 207,989 $29.8M No change
RAPP Rapport Therapeutics Inc. 0.01% 2,602,529 $29.6M No change
WOR Worthington Enterprises Inc. 0.01% 457,502 $29.1M No change
KDP Keurig Dr Pepper Inc. 0.00% 851,548 $28.2M Reduce -7.7%
GSHD Goosehead Insurance Inc. Class A 0.00% 266,517 $28.1M Reduce -0.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.00% 45,658 $28.1M Reduce -61.2%
SMLR Semler Scientific Inc. 0.00% 696,958 $27.0M Add +12.4%
CGGG Cap Group Large Growth 0.00% 1,000,000 $26.2M New
BABA Alibaba Group Holding-SP ADR 0.00% 229,121 $26.0M Add +3.9%
MRUS Merus NV 0.00% 491,244 $25.8M New
CGVV Cap Group Large Value filed as CAPITAL GROUP EQUITY 0.00% 1,000,000 $25.5M New
GKOS Glaukos Corp. 0.00% 246,539 $25.5M New
CIGI Colliers Intl GR-Subord Vot 0.00% 185,633 $24.3M No change
VLTO Veralto Corp. 0.00% 240,287 $24.3M Reduce -40.9%
STC Stewart Information Services 0.00% 368,069 $24.0M No change
EFA iShares MSCI Eafe ETF 0.00% 255,937 $22.9M Reduce -69.9%
AGL Agilon Health Inc. 0.00% 9,892,742 $22.8M Reduce -55.7%
ACWI iShares MSCI Acwi ETF 0.00% 175,704 $22.5M Reduce -43.8%
CE Celanese Corp. 0.00% 392,935 $21.7M Reduce -88.2%
VOYG Voyager Technologies Inc. Class A 0.00% 534,195 $21.0M New
GMS GMS Inc. 0.00% 189,079 $20.6M Reduce -37.5%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.00% 641,400 $20.2M No change
LNWO Light & Wonder Inc. 0.00% 204,135 $19.7M New
JD Jd.com Inc.-ADR 0.00% 571,669 $18.7M Reduce -27.9%
TWFG TWFG Inc. 0.00% 515,409 $18.0M Reduce -41.4%
CX Cemex Sab-Spons ADR Part Cer 0.00% 2,044,273 $14.2M Add +0.4%
PINS Pinterest Inc. Class A 0.00% 352,109 $12.6M No change
VEA Vanguard Ftse Developed ETF 0.00% 212,060 $12.1M Reduce -17.1%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.00% 65,130 $8.6M No change
SRPT Sarepta Therapeutics Inc. 0.00% 498,337 $8.5M Reduce -94.5%
HELE Helen of Troy Ltd. 0.00% 269,597 $7.7M No change
MBB iShares MBS ETF 0.00% 65,278 $6.1M Add +1.6%
BORR Borr Drilling Ltd. 0.00% 2,890,799 $5.3M Reduce -84.7%
CGMM Cap Group Small and Mid Cap 0.00% 174,909 $4.7M Reduce -82.6%
CGUI Cap Group Ultra Short Income 0.00% 142,000 $3.6M Reduce -75.4%
CGMS Cap Group US Multi-Sect Bond 0.00% 122,892 $3.4M Add +33.7%
VT Vanguard Tot World STK ETF 0.00% 22,986 $2.9M Reduce -3.8%
CGIE Cap Group Intl Equity filed as CAPITAL GROUP INTERNATIONAL 0.00% 80,000 $2.6M Add +300.0%
CGGE Cap Group Global Eq filed as CAPITAL GROUP GLOBAL EQUITY 0.00% 81,470 $2.4M Reduce -50.7%
CGSD Cap Group Short Duration 0.00% 91,002 $2.4M Reduce -1.1%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.00% 116,604 $2.2M New
IOO iShares Global 100 ETF 0.00% 18,604 $2.0M Reduce -31.4%
CGHM Cap Group Muni High-Income 0.00% 75,000 $1.8M No change
CGCV Cap Group Conservative Eq filed as CAPITAL GROUP CONSERVATIVE E 0.00% 64,548 $1.8M Reduce -86.1%
VTMX Corp. Inmobiliaria Vesta-ADR filed as VESTA REAL ESTATE CORP 0.00% 63,558 $1.7M Reduce -79.5%
DGRO iShares Core Dividend Growth 0.00% 24,952 $1.6M Add +1.8%
RIO Rio Tinto PLC-Spon ADR 0.00% 25,694 $1.5M Reduce -0.2%
DBD Diebold Nixdorf Inc. 0.00% 23,254 $1.3M No change
VEU Vanguard Ftse All-World Ex-U 0.00% 18,409 $1.2M Add +61.3%
CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET 0.00% 33,275 $1.2M Add +0.0%
IWB iShares Russell 1000 ETF 0.00% 3,542 $1.2M Reduce -17.6%
CGIC Cap Group Intl Core Eq filed as CAPITAL GROUP INTERNATIONAL 0.00% 40,127 $1.2M Reduce -91.5%
CGNG Cap Group New Geography Eq filed as CAPITAL GROUP NEW GEOGRAPHY 0.00% 40,515 $1.2M Reduce -33.1%
IWD iShares Russell 1000 Value E 0.00% 5,945 $1.1M Reduce -32.0%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.00% 40,278 $1.1M Add +0.0%
IVV iShares Core S&P 500 ETF 0.00% 1,677 $1.0M Add +34.4%
NFE New Fortress Energy Inc. 0.00% 285,873 $949K No change
CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED 0.00% 21,704 $726K Reduce -31.4%
NUE Nucor Corp. 0.00% 5,570 $722K Reduce -6.6%
CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT 0.00% 22,341 $714K Reduce -0.0%
ISRG Intuitive Surgical Inc. 0.00% 1,068 $570K New
ICE Intercontinental Exchange Inc. 0.00% 3,023 $549K New
DOW Dow Inc. 0.00% 19,063 $505K Reduce -91.9%
CGGR Cap Group Growth Equity 0.00% 12,276 $499K Reduce -36.4%
IHG Intercontinental Hotels-ADR 0.00% 3,698 $429K Add +9.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.00% 1,726 $305K Reduce -56.0%
EIX Edison International 0.00% 5,897 $304K Reduce -96.7%
LHX L3HARRIS Technologies Inc. 0.00% 1,094 $270K New
QCOM Qualcomm Inc. 0.00% 1,486 $235K Reduce -5.2%
GDDY GoDaddy Inc. Class A 0.00% 1,176 $212K Reduce -100.0%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.00% 723 $206K Reduce -37.7%
Other holdings (8): bonds, preferreds, convertibles and warrants · $2.8B (not counted above)
SecurityClassShares / PrincipalValueChange
MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) DEP SHS REPSTG 12,550,290$836.4MAdd +0.9%
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 10,060,627$684.1MAdd +1.4%
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D 11,086,700$594.2MAdd +23.7%
STRATEGY INC (MSTR 8 PERP) SERIES A PERP PF 2,075,300$251.1MAdd +10.7%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 6,487,861$208.3MAdd +40.3%
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A 3,377,200$127.0MNo change
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 970,400$72.6MNo change
MNTSW Momentus Inc.-CW26 *W EXP 08/12/202 2,225,000$62KNo change

Total filed on the 13F, all lines: $580.6B.

Portfolio Sells Q1 2025 → Q2 2025

UNH Unitedhealth Group Inc. Reduce -5.4% 0.85% −0.87
AAPL Apple Inc. Reduce -8.3% 1.86% −0.64
ABBV Abbvie Inc. Reduce -33.5% 0.44% −0.41
DRI Darden Restaurants Inc. Reduce -81.6% 0.07% −0.35
ABT Abbott Laboratories Reduce -10.0% 1.42% −0.34
LLY Eli Lilly & Co. Reduce -0.8% 1.27% −0.28
BMY Bristol-Myers Squibb Co. Reduce -0.5% 0.53% −0.27
AMAT Applied Materials Inc. Reduce -71.0% 0.12% −0.25
PAYX Paychex Inc. Reduce -12.3% 0.57% −0.21
REGN Regeneron Pharmaceuticals Reduce -20.6% 0.29% −0.21
SAP Sap SE-Sponsored ADR Reduce -44.3% 0.21% −0.17
FDX FedEx Corp. Reduce -22.1% 0.30% −0.17
KO The Coca-Cola Co. Reduce -25.6% 0.25% −0.14
C Citigroup Inc. Sold out 0.00% −0.12
PM Philip Morris International Reduce -4.6% 2.78% −0.12
SRPT Sarepta Therapeutics Inc. Reduce -94.5% 0.00% −0.11
TTWO Take-Two Interactive Softwre Reduce -63.6% 0.06% −0.11
JNJ Johnson & Johnson Reduce -83.8% 0.02% −0.11
AJG Arthur J Gallagher & Co. Reduce -1.1% 0.40% −0.10
LIN Linde PLC Reduce -2.8% 0.53% −0.09
GDDY GoDaddy Inc. Class A Reduce -100.0% 0.00% −0.09
HSY The Hershey Co. Reduce -8.1% 0.31% −0.09
BX Blackstone Inc. Reduce -20.1% 0.24% −0.08
BA The Boeing Co. Sold out 0.00% −0.08
WFC Wells Fargo & Co. Reduce -11.5% 0.50% −0.08
CNP Centerpoint Energy Inc. Reduce -1.1% 0.55% −0.08
PCG P G & E Corp. Reduce -13.8% 0.12% −0.07
SRE Sempra Reduce -3.4% 0.65% −0.07
TDG Transdigm Group Inc. Reduce -0.4% 1.64% −0.07
ONC Beone Medicines Ltd.-ADR Reduce -4.0% 0.20% −0.07
PNC PNC Financial Services Group Reduce -10.9% 0.33% −0.07
SPGI S&P Global Inc. Reduce -13.8% 0.24% −0.07
TRP TC Energy Corp. Reduce -9.9% 0.28% −0.06
GOOGL Alphabet Inc. Class A Reduce -5.0% 1.01% −0.06
DFS Discover Financial Services Sold out 0.00% −0.05
PCAR Paccar Inc. Reduce -35.5% 0.06% −0.05
VICI Vici Properties Inc. Reduce -0.3% 0.34% −0.05
MNST Monster Beverage Corp. Sold out 0.00% −0.05
GEV GE Vernova Inc. Reduce -38.3% 0.68% −0.05
TRU Transunion Reduce -68.5% 0.02% −0.05
CHTR Charter Communications Inc. Class A Reduce -3.5% 0.69% −0.05
ULS Ul Solutions Inc. Class A Reduce -42.1% 0.09% −0.05
MSCI MSCI Inc. Reduce -87.8% 0.01% −0.04
DAY Dayforce Inc. Reduce -1.9% 0.20% −0.04
DG Dollar General Corp. Reduce -35.6% 0.12% −0.04
CARR Carrier Global Corp. Reduce -6.8% 0.69% −0.04
HON Honeywell International Inc. Reduce -43.3% 0.05% −0.04
SAIA Saia Inc. Reduce -8.7% 0.07% −0.04
APO Apollo Global Management Inc. Reduce -4.3% 0.26% −0.04
STLA Stellantis NV Sold out 0.00% −0.04

Portfolio Buys Q1 2025 → Q2 2025

MSFT Microsoft Corp. Add +1.1% 6.84% +1.01
RBLX Roblox Corp. Class A Add +684.9% 0.55% +0.51
RCL Royal Caribbean Cruises Ltd. Add +2.0% 1.77% +0.47
KLAC KLA Corp. Add +60.1% 0.89% +0.41
GE General Electric Add +0.6% 2.12% +0.25
TSM Taiwan Semiconductor-SP ADR Add +4.8% 1.01% +0.20
ACN Accenture PLC Class A Add +70.3% 0.63% +0.19
CRM Salesforce Inc. Add +34.9% 0.86% +0.14
VRTX Vertex Pharmaceuticals Inc. Add +305.6% 0.20% +0.14
NOC Northrop Grumman Corp. Add +35.2% 1.04% +0.14
RPRX Royalty Pharma PLC Class A New 0.14% +0.14
SHOP Shopify Inc. Class A Add +13.4% 0.80% +0.13
TMUS T-Mobile US Inc. Add +68.6% 0.54% +0.13
MU Micron Technology Inc. Add +8.8% 0.50% +0.13
ZBH Zimmer Biomet Holdings Inc. New 0.11% +0.11
B Barrick Mining Corp. Add +60.9% 0.27% +0.09
CMG Chipotle Mexican Grill Inc. Add +54.8% 0.26% +0.09
BURL Burlington Stores Inc. Add +50.7% 0.35% +0.08
KKR KKR & Co. Inc. Add +10.7% 0.73% +0.08
MDLZ Mondelez International Inc. Class A Add +25.9% 0.84% +0.07
DAL Delta Air Lines Inc. Add +45.0% 0.21% +0.06
TMO Thermo Fisher Scientific Inc. New 0.06% +0.06
NOW ServiceNow Inc. Add +1.2% 0.43% +0.05
TOST Toast Inc. Class A Add +1.1% 0.35% +0.05
TEL Te Connectivity PLC New 0.05% +0.05
ALGN Align Technology Inc. New 0.05% +0.05
URI United Rentals Inc. Add +11.2% 0.36% +0.05
PGR Progressive Corp. Add +41.1% 0.35% +0.05
COF Capital One Financial Corp. Add +178.5% 0.07% +0.05
BRK.B Berkshire Hathaway Inc. Class B New 0.05% +0.05
APD Air Products & Chemicals Inc. Add +33.9% 0.40% +0.04
MS Morgan Stanley Add +0.6% 0.66% +0.04
TSCO Tractor Supply Company Add +44.7% 0.22% +0.04
PBR Petroleo Brasileiro-Spon ADR New 0.04% +0.04
NTR Nutrien Ltd. Add +181.8% 0.05% +0.04
IP International Paper Co. Add +47.8% 0.26% +0.03
UAL United Airlines Holdings Inc. Add +10.3% 0.30% +0.03
DDOG Datadog Inc. Class A Add +80.8% 0.05% +0.03
CPNG Coupang Inc. Add +1.4% 0.16% +0.03
EQH Equitable Holdings Inc. Add +74.6% 0.07% +0.03
EVR Evercore Inc. Class A New 0.03% +0.03
UBER Uber Technologies Inc. Add +251.6% 0.04% +0.03
ASML ASML Holding NV-NY Reg SHS Add +0.7% 0.46% +0.03
EQT Eqt Corp. Add +22.7% 0.18% +0.03
APP AppLovin Corp. Class A Add +89.0% 0.05% +0.03
CHDN Churchill Downs Inc. Add +180.7% 0.05% +0.03
SHW The Sherwin-Williams Co. Add +37.7% 0.16% +0.02
TPG TPG Inc. Add +34.4% 0.10% +0.02
INSM Insmed Inc. Add +3.9% 0.13% +0.02
BIL SS SPDR BB 1-3M T-Bill ETF Add +69.9% 0.06% +0.02

Notes & Other Activity Q1 2025 → Q2 2025

MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) DEP SHS REPSTG Add +0.9% 12,550,290 $836.4M
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A Add +1.4% 10,060,627 $684.1M
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D Add +23.7% 11,086,700 $594.2M
STRATEGY INC (MSTR 8 PERP) SERIES A PERP PF Add +10.7% 2,075,300 $251.1M
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Add +40.3% 6,487,861 $208.3M

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 438$480.4BAVGO, MSFT, NVDA, GOOG, PM
Q1 2026 431$425.0BAVGO, MSFT, NVDA, GOOG, PM
Q4 2025 447$635.3BAVGO, MSFT, GOOG, AAPL, NVDA
Q3 2025 441$617.0BAVGO, MSFT, GOOG, NVDA, META
Q2 2025 435$577.8BAVGO, MSFT, META, GOOG, PM
Q1 2025 433$506.3BMSFT, AVGO, PM, GOOG, META
Q4 2024 448$531.2BAVGO, MSFT, GOOG, META, AAPL
Q3 2024 434$520.8BMSFT, AVGO, META, GOOG, AAPL
Q2 2024 435$485.6BMSFT, AVGO, GOOG, META, AAPL
Q1 2024 428$493.7BMSFT, AVGO, META, GOOG, GE