Capital International Sarl

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Capital International Sarl reported 276 stock positions worth $5.8 billion. Its top holding was Microsoft (MSFT) at 6.1% of the portfolio, followed by Meta Platforms Class A (META, 6.0%) and Broadcom (AVGO, 5.9%). Compared with Q2 2025, it opened 11 new positions, sold out of 18, added to 150 and reduced 86. The biggest buy was Tesla (TSLA, shares +11%) and the biggest sale Netflix (NFLX, shares −2%).

Most Recent 13F
Q2 2026
Location
Los Angeles, CA
CIK
0001065349
Portfolio Value
$5.8B (Q3 2025)
SEC Filing
0001065349-25-000007 ↗ filed Nov 13, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B Q1 2024: $3.0B Q1 2024 Q2 2024: $3.3B Q2 2024 Q3 2024: $3.9B Q3 2024 Q4 2024: $4.3B Q4 2024 Q1 2025: $4.4B Q1 2025 Q2 2025: $5.2B Q2 2025 Q3 2025: $5.8B $5.8B Q3 2025 Q4 2025: $6.2B Q4 2025 Q1 2026: $6.1B Q1 2026 Q2 2026: $7.1B Q2 2026

Holdings 276 stocks · $5.8B

MSFT Microsoft Corp. 6.06% 676,512 $350.4M Add +9.3%
META Meta Platforms Inc. Class A 6.00% 472,285 $346.8M Add +7.1%
AVGO Broadcom Inc. 5.87% 1,029,444 $339.6M Add +3.4%
TSLA Tesla Inc. 4.00% 520,730 $231.6M Add +10.5%
NVDA Nvidia Corp. 3.03% 940,232 $175.4M Add +4.6%
NFLX Netflix Inc. 2.24% 108,172 $129.7M Reduce -2.1%
JPM JPMorgan Chase & Co. 2.02% 370,295 $116.8M Add +5.9%
GOOG Alphabet Inc. Class C 1.99% 471,428 $114.8M Add +4.5%
GOOGL Alphabet Inc. Class A 1.87% 445,196 $108.2M Add +23.6%
PM Philip Morris International 1.71% 611,262 $99.1M Add +10.8%
RCL Royal Caribbean Cruises Ltd. 1.71% 304,979 $98.7M Add +5.3%
LLY Eli Lilly & Co. 1.69% 128,382 $98.0M Add +1.5%
SHOP Shopify Inc. Class A 1.64% 636,485 $94.6M Reduce -2.3%
AMZN Amazon.com Inc. 1.63% 430,188 $94.5M Add +5.0%
VRTX Vertex Pharmaceuticals Inc. 1.53% 225,734 $88.4M Add +1.1%
GE General Electric filed as GE AEROSPACE 1.39% 267,828 $80.6M Add +12.0%
V Visa Inc. Class A 1.20% 203,815 $69.6M Add +5.3%
MELI MercadoLibre Inc. 1.07% 26,401 $61.7M Add +5.0%
BKNG Booking Holdings Inc. 1.07% 11,414 $61.6M Add +5.4%
TCOM Trip.com Group Ltd.-ADR 1.04% 803,520 $60.4M Add +18.3%
COST Costco Wholesale Corp. 1.03% 64,341 $59.6M Add +3.8%
ALNY Alnylam Pharmaceuticals Inc. 1.02% 129,702 $59.1M Add +1.1%
ASML ASML Holding NV-NY Reg SHS 0.99% 59,361 $57.5M Add +7.2%
AAPL Apple Inc. 0.97% 220,021 $56.0M Add +5.3%
MA Mastercard Inc. Class A 0.95% 96,825 $55.1M Reduce -6.3%
DB Deutsche Bank AG-Registered 0.95% 1,564,216 $55.0M Add +6.3%
RBLX Roblox Corp. Class A 0.91% 381,066 $52.8M Add +2.1%
NET Cloudflare Inc. Class A 0.91% 245,763 $52.7M Add +1.5%
ONC Beone Medicines Ltd.-ADR 0.88% 148,559 $50.6M Add +10.9%
CARR Carrier Global Corp. 0.87% 842,621 $50.3M Add +6.3%
ISRG Intuitive Surgical Inc. 0.83% 107,923 $48.3M Add +7.0%
TMO Thermo Fisher Scientific Inc. 0.83% 99,218 $48.1M Add +5.0%
KLAC KLA Corp. 0.82% 43,755 $47.2M Add +5.0%
SNPS Synopsys Inc. 0.81% 95,124 $46.9M Add +6.2%
CB Chubb Ltd. 0.81% 166,094 $46.9M Add +3.5%
TDG Transdigm Group Inc. 0.79% 34,729 $45.8M Add +48.2%
LIN Linde PLC 0.75% 91,354 $43.4M Add +3.1%
CRM Salesforce Inc. 0.75% 181,952 $43.1M Add +48.7%
TSM Taiwan Semiconductor-SP ADR 0.74% 154,235 $43.1M Reduce -2.2%
ABT Abbott Laboratories 0.71% 308,147 $41.3M Add +4.2%
RYAAY Ryanair Holdings PLC-SP ADR 0.71% 680,676 $41.0M Add +1.0%
NOC Northrop Grumman Corp. 0.71% 67,143 $40.9M Reduce -10.9%
SBUX Starbucks Corp. 0.70% 480,163 $40.6M Add +5.3%
IR Ingersoll-Rand Inc. 0.69% 485,356 $40.1M Add +38.1%
C Citigroup Inc. 0.66% 378,896 $38.5M Add +6.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.66% 738,720 $38.1M Add +3.9%
NOW ServiceNow Inc. 0.64% 40,020 $36.8M Add +5.5%
AMGN Amgen Inc. 0.61% 125,120 $35.3M Add +58.2%
MU Micron Technology Inc. 0.61% 209,640 $35.1M Reduce -4.5%
EA Electronic Arts Inc. 0.59% 168,398 $34.0M Reduce -4.1%
GEV GE Vernova Inc. 0.56% 52,368 $32.2M Add +25.4%
BSX Boston Scientific Corp. 0.55% 328,291 $32.1M Reduce -2.5%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.55% 103,449 $32.0M Add +4.1%
SHW The Sherwin-Williams Co. 0.53% 88,134 $30.5M Add +8.3%
AON Aon PLC Class A 0.52% 84,764 $30.2M Add +6.9%
FLUT Flutter Entertainment PLC-Di 0.51% 115,900 $29.4M Reduce -1.3%
HEI Heico Corp. 0.49% 86,948 $28.1M Reduce -0.2%
AMX America Movil Sab DE CV 0.48% 1,331,948 $28.0M Add +4.8%
NKE Nike Inc. Class B 0.46% 377,839 $26.3M Add +2.3%
REGN Regeneron Pharmaceuticals 0.45% 46,792 $26.3M Reduce -13.1%
CTVA Corteva Inc. 0.44% 377,202 $25.5M Reduce -3.8%
CVE Cenovus Energy Inc. 0.42% 1,418,597 $24.1M Add +0.8%
QSR Restaurant Brands Intern 0.39% 354,905 $22.8M Add +7.3%
BA The Boeing Co. 0.38% 102,293 $22.1M Add +5.9%
MSI Motorola Solutions Inc. 0.38% 48,135 $22.0M Add +2.3%
HWM Howmet Aerospace Inc. 0.38% 111,172 $21.8M Reduce -11.8%
HD Home Depot Inc. 0.36% 51,482 $20.9M Add +4.2%
CPRT Copart Inc. 0.36% 458,525 $20.6M Add +4.0%
SPGI S&P Global Inc. 0.34% 40,271 $19.6M Add +0.5%
RACE Ferrari NV 0.33% 38,914 $18.8M Add +20.6%
AEM Agnico Eagle Mines Ltd. 0.32% 108,671 $18.3M Add +143.2%
BX Blackstone Inc. 0.32% 106,823 $18.3M Reduce -0.7%
MCD McDonald's Corp. 0.31% 58,177 $17.7M Add +6.7%
BN Brookfield Corp. 0.31% 257,374 $17.7M Add +4.4%
DHR Danaher Corp. 0.30% 88,737 $17.6M Reduce -23.2%
MTD Mettler-Toledo International 0.30% 14,196 $17.4M Add +5.3%
SRE Sempra 0.30% 193,445 $17.4M Add +3.7%
SPOT Spotify Technology SA 0.30% 24,474 $17.1M Add +65.6%
HLT Hilton Worldwide Holdings Inc. 0.29% 65,361 $17.0M Reduce -48.6%
MDLZ Mondelez International Inc. Class A 0.29% 268,332 $16.8M Add +10.4%
CME Cme Group Inc. 0.28% 60,042 $16.2M Reduce -19.5%
GS Goldman Sachs Group Inc. 0.27% 19,263 $15.3M Add +6.8%
BAM Brookfield Asset Mgmt-A 0.26% 268,497 $15.3M Add +3.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.26% 53,804 $15.2M Add +375.7%
IBN Icici Bank Ltd.-Spon ADR 0.26% 491,103 $14.8M Add +6.9%
WYNN WYNN Resorts Ltd. 0.25% 114,061 $14.6M Add +2.4%
FTAI Ftai Aviation Ltd. 0.25% 86,322 $14.4M Add +48.8%
FCX Freeport-McMoran Inc. 0.25% 366,306 $14.4M Reduce -34.1%
BG Bunge Global SA 0.25% 175,587 $14.3M Add +18.7%
MRSH Marsh & McLennan Cos 0.24% 67,496 $13.6M Add +3.3%
PLTR Palantir Technologies Inc. Class A 0.23% 72,771 $13.3M Reduce -49.5%
LHX L3HARRIS Technologies Inc. 0.23% 42,729 $13.0M Add +6.2%
RPRX Royalty Pharma PLC Class A 0.22% 368,562 $13.0M Add +13.5%
COO The Cooper Cos Inc. 0.22% 187,857 $12.9M Add +72.2%
ORCL Oracle Corp. 0.21% 44,222 $12.4M Add +222.8%
YUM Yum! Brands Inc. 0.21% 80,347 $12.2M Add +4.7%
ITT Itt Inc. 0.21% 67,463 $12.1M Add +3.4%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.20% 131,775 $11.6M Add +5.4%
ULS Ul Solutions Inc. Class A 0.20% 163,604 $11.6M Add +17.7%
ILMN Illumina Inc. 0.20% 120,752 $11.5M Add +24.9%
UNH Unitedhealth Group Inc. 0.19% 32,596 $11.3M Reduce -5.8%
COP Conocophillips 0.19% 117,317 $11.1M Add +5.7%
CEG Constellation Energy 0.19% 33,252 $10.9M Reduce -13.8%
SAND Sandstorm Gold Ltd. 0.19% 867,413 $10.9M No change
MNST Monster Beverage Corp. 0.19% 159,823 $10.8M Reduce -30.4%
MAR Marriott International Class A 0.19% 41,237 $10.7M Add +25.8%
PFE Pfizer Inc. 0.18% 418,615 $10.7M Add +6.4%
DBD Diebold Nixdorf Inc. 0.18% 186,262 $10.6M No change
KEYS Keysight Technologies Inc. 0.18% 60,708 $10.6M Add +6.5%
TEAM Atlassian Corp. Class A 0.18% 66,064 $10.6M Add +0.9%
DE Deere & Co. 0.18% 22,888 $10.5M Add +7.2%
EFX Equifax Inc. 0.18% 40,064 $10.3M Add +4.1%
APH Amphenol Corp. Class A 0.18% 82,440 $10.2M New
ALGN Align Technology Inc. 0.17% 79,861 $10.0M Add +107.6%
CNQ Canadian Natural Resources 0.16% 297,765 $9.5M Add +4.6%
ABBV Abbvie Inc. 0.16% 40,542 $9.4M Reduce -2.5%
MS Morgan Stanley 0.15% 55,700 $8.9M Add +5.4%
URI United Rentals Inc. 0.15% 9,271 $8.9M Add +34.8%
CNI Canadian Natl Railway Co. 0.15% 92,695 $8.7M Add +4.9%
WELL Welltower Inc. 0.15% 48,727 $8.7M Add +31.9%
TRP TC Energy Corp. 0.15% 156,746 $8.5M Reduce -34.8%
BRK.B Berkshire Hathaway Inc. Class B 0.14% 16,265 $8.2M Add +3.3%
DAL Delta Air Lines Inc. 0.14% 140,732 $8.0M Reduce -12.6%
XPO Xpo Inc. 0.14% 61,123 $7.9M Add +7.6%
DUOL Duolingo 0.13% 23,719 $7.6M Add +7.8%
ON On Semiconductor 0.13% 150,927 $7.4M Add +6.1%
MSTR Strategy Inc. 0.13% 22,846 $7.4M Add +2.9%
DAY Dayforce Inc. 0.12% 103,977 $7.2M Reduce -11.3%
VALE Vale SA-SP ADR 0.12% 632,925 $6.9M Add +18.8%
RTX RTX Corp. 0.12% 40,594 $6.8M Reduce -7.1%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.11% 189,545 $6.5M Reduce -45.9%
CRSP Crispr Therapeutics AG 0.11% 99,657 $6.5M Add +8.9%
GRFS Grifols SA-ADR 0.11% 645,251 $6.4M Add +2.5%
WPM Wheaton Precious Metals Corp. 0.11% 57,339 $6.4M Reduce -1.7%
CNP Centerpoint Energy Inc. 0.11% 161,431 $6.3M Reduce -1.6%
TTEK Tetra Tech Inc. 0.11% 187,032 $6.2M New
ASND Ascendis Pharma A/S 0.11% 30,862 $6.1M Add +9.6%
ARM Arm Holdings PLC-ADR 0.10% 42,384 $6.0M Add +2.6%
CRH CRH PLC 0.10% 49,920 $6.0M Reduce -0.2%
CVS CVS Health Corp. 0.10% 73,302 $5.5M Add +1.0%
CMG Chipotle Mexican Grill Inc. 0.09% 139,274 $5.5M Add +271.3%
KKR KKR & Co. Inc. 0.09% 41,851 $5.4M Reduce -30.9%
BMY Bristol-Myers Squibb Co. 0.09% 118,926 $5.4M Reduce -26.5%
COF Capital One Financial Corp. 0.09% 25,220 $5.4M Reduce -7.6%
INTC Intel Corp. 0.08% 145,139 $4.9M Add +14.8%
SE Sea Ltd.-ADR 0.08% 27,075 $4.8M Reduce -22.3%
CPNG Coupang Inc. 0.08% 149,285 $4.8M Reduce -8.5%
ACN Accenture PLC Class A 0.08% 19,187 $4.7M Add +27.6%
XOM Exxon Mobil Corp. 0.08% 41,577 $4.7M Add +3.9%
FNV Franco-Nevada Corp. 0.08% 20,717 $4.6M Reduce -0.4%
BZ Kanzhun Ltd. - ADR 0.08% 195,927 $4.6M Add +116.4%
ARMK Aramark 0.08% 118,465 $4.5M Add +9.7%
ATO Atmos Energy Corp. 0.07% 25,265 $4.3M Reduce -14.3%
GILD Gilead Sciences Inc. 0.07% 38,160 $4.2M Reduce -2.0%
CMCSA Comcast Corp. Class A 0.07% 131,741 $4.1M Reduce -0.8%
SOBO South Bow Corp. 0.07% 146,090 $4.1M Add +21.4%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.07% 50,976 $4.1M Add +7.0%
KDP Keurig Dr Pepper Inc. 0.07% 158,536 $4.0M Add +0.0%
B Barrick Mining Corp. 0.07% 120,960 $4.0M Add +49.9%
DHI D.R. Horton Inc. 0.07% 23,014 $3.9M Add +272.1%
ZBH Zimmer Biomet Holdings Inc. 0.06% 38,113 $3.8M Add +10.0%
EOG EOG Resources Inc. 0.06% 32,947 $3.7M Reduce -0.6%
CHTR Charter Communications Inc. Class A 0.06% 13,332 $3.7M Reduce -21.1%
BKR Baker Hughes Co. 0.06% 74,862 $3.6M No change
AMAT Applied Materials Inc. 0.06% 17,733 $3.6M Reduce -3.9%
PGR Progressive Corp. 0.06% 14,633 $3.6M Add +24.6%
MMYT Makemytrip Ltd. 0.06% 37,903 $3.5M Add +0.5%
CVX Chevron Corp. 0.06% 22,314 $3.5M Reduce -36.9%
TBBB BBB Foods Inc. Class A 0.06% 128,473 $3.5M Add +0.9%
FISV Fiserv Inc. 0.06% 26,638 $3.4M Add +21.2%
YMM Full Truck Alliance -SPN ADR 0.06% 264,518 $3.4M New
PDD PDD Holdings Inc. 0.06% 25,806 $3.4M Reduce -8.3%
RGLD Royal Gold Inc. 0.06% 16,920 $3.4M No change
EPAM Epam Systems Inc. 0.06% 21,718 $3.3M Add +2.6%
HSY The Hershey Co. 0.06% 17,091 $3.2M Reduce -2.1%
AME Ametek Inc. 0.05% 15,910 $3.0M Reduce -12.5%
GGB Gerdau SA -Spon ADR 0.05% 952,005 $3.0M Add +12.6%
KT KT Corp.-SP ADR 0.05% 149,336 $2.9M Add +21.3%
NCLH Norwegian Cruise Line Holdin 0.05% 114,046 $2.8M Reduce -1.0%
TMUS T-Mobile US Inc. 0.05% 11,653 $2.8M Reduce -17.8%
ICE Intercontinental Exchange Inc. 0.05% 16,154 $2.7M Add +44.0%
APO Apollo Global Management Inc. 0.05% 19,794 $2.6M Add +1.5%
PWR Quanta Services Inc. 0.05% 6,342 $2.6M Reduce -26.1%
TRU Transunion 0.04% 30,198 $2.5M Add +2.2%
LII Lennox International Inc. 0.04% 4,746 $2.5M Add +7.3%
PH Parker Hannifin Corp. 0.04% 3,293 $2.5M Reduce -69.7%
AXP American Express Co. 0.04% 7,455 $2.5M Reduce -3.9%
PAYX Paychex Inc. 0.04% 19,278 $2.4M Reduce -19.6%
UBER Uber Technologies Inc. 0.04% 24,416 $2.4M Add +2.8%
IP International Paper Co. 0.04% 51,518 $2.4M Reduce -0.6%
ACGL Arch Capital Group Ltd. 0.04% 26,162 $2.4M Reduce -75.5%
APD Air Products & Chemicals Inc. 0.04% 8,599 $2.3M Add +3.6%
USFD US Foods Holding Corp. 0.04% 30,606 $2.3M Add +3.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.04% 15,957 $2.3M Add +37.2%
BTI British American Tob-SP ADR 0.04% 43,249 $2.3M Add +1.0%
BRO Brown & Brown Inc. 0.04% 24,270 $2.3M Add +202.2%
KO The Coca-Cola Co. 0.04% 33,387 $2.2M Add +7.4%
UNP Union Pacific Corp. 0.04% 8,782 $2.1M Add +17.3%
OWL Blue Owl Capital Inc. 0.03% 118,703 $2.0M Reduce -0.1%
DRI Darden Restaurants Inc. 0.03% 9,913 $1.9M Reduce -4.9%
CAT Caterpillar Inc. 0.03% 3,938 $1.9M Add +1.0%
NTES Netease Inc.-ADR 0.03% 12,149 $1.8M Reduce -2.4%
EQT Eqt Corp. 0.03% 33,676 $1.8M Reduce -31.4%
BABA Alibaba Group Holding-SP ADR 0.03% 10,197 $1.8M No change
PNC PNC Financial Services Group 0.03% 8,757 $1.8M No change
UBS UBS Group AG-Reg 0.03% 42,498 $1.7M Reduce -28.6%
BLK BlackRock Inc. 0.03% 1,362 $1.6M No change
STZ Constellation Brands Inc. Class A 0.03% 11,591 $1.6M Reduce -53.5%
SO The Southern Co. 0.03% 16,465 $1.6M New
AXON Axon Enterprise Inc. 0.03% 2,124 $1.5M Reduce -28.1%
ICLR Icon PLC 0.03% 8,492 $1.5M New
AWI Armstrong World Industries 0.03% 7,531 $1.5M Reduce -49.3%
UAL United Airlines Holdings Inc. 0.02% 14,914 $1.4M Reduce -6.8%
HON Honeywell International Inc. 0.02% 6,826 $1.4M Reduce -94.3%
HDB HDFC Bank Ltd.-ADR 0.02% 41,648 $1.4M Add +5.8%
FE Firstenergy Corp. 0.02% 30,151 $1.4M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 12,007 $1.4M No change
ARGX Argenx SE - ADR 0.02% 1,849 $1.4M New
NSC Norfolk Southern Corp. 0.02% 4,497 $1.4M No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.02% 83,811 $1.3M Add +5.5%
MOH Molina Healthcare Inc. 0.02% 7,005 $1.3M Add +20.2%
GLOB Globant SA 0.02% 22,956 $1.3M Reduce -27.6%
CSX CSX Corp. 0.02% 36,708 $1.3M Reduce -45.6%
WMS Advanced Drainage Systems Inc. 0.02% 9,354 $1.3M New
FITB Fifth Third Bancorp 0.02% 27,980 $1.2M No change
HEI.A Heico Corp. Class A 0.02% 4,714 $1.2M No change
EXR Extra Space Storage Inc. 0.02% 8,304 $1.2M No change
EWBC East West Bancorp Inc. 0.02% 10,516 $1.1M No change
FDX FedEx Corp. 0.02% 4,643 $1.1M Reduce -62.8%
T AT&T Inc. 0.02% 38,608 $1.1M No change
CI The Cigna Group 0.02% 3,765 $1.1M No change
TSCO Tractor Supply Company 0.02% 19,052 $1.1M Reduce -59.0%
SAIA Saia Inc. 0.02% 3,609 $1.1M Reduce -6.0%
WFC Wells Fargo & Co. 0.02% 12,786 $1.1M Reduce -5.5%
MO Altria Group Inc. 0.02% 16,115 $1.1M Reduce -16.7%
SPG Simon Property Group Inc. 0.02% 5,648 $1.1M Add +1.6%
VLTO Veralto Corp. 0.02% 9,356 $997K Add +3.6%
ALB Albemarle Corp. 0.02% 12,099 $981K Reduce -5.7%
PCG P G & E Corp. 0.02% 63,463 $957K Reduce -25.9%
DTE DTE Energy Company 0.02% 6,755 $955K No change
PG The Procter & Gamble Co. 0.02% 5,830 $896K No change
G Genpact Ltd. 0.02% 21,073 $883K Add +2.5%
TEL Te Connectivity PLC 0.01% 3,939 $865K No change
AMT American Tower Corp. 0.01% 4,384 $843K No change
TFC Truist Financial Corp. 0.01% 16,657 $762K Reduce -61.8%
ADBE Adobe Inc. 0.01% 2,100 $741K Reduce -9.8%
JCI Johnson Controls Internation 0.01% 6,572 $723K No change
AES AES Corp. 0.01% 53,668 $706K Reduce -82.5%
NUE Nucor Corp. 0.01% 5,188 $703K Add +7.0%
ATI Ati Inc. 0.01% 8,537 $694K Reduce -15.4%
LYB Lyondellbasell Indu Class A 0.01% 13,954 $684K Add +45.5%
WSO Watsco Inc. 0.01% 1,690 $683K Add +238.0%
FICO Fair Isaac Corp. 0.01% 441 $660K New
DLTR Dollar Tree Inc. 0.01% 6,963 $657K Add +3.2%
HAL Halliburton Co. 0.01% 22,628 $557K Reduce -4.8%
ARE Alexandria Real Estate Equit 0.01% 6,592 $549K No change
MTN Vail Resorts Inc. 0.01% 3,554 $532K Add +4.9%
CHD Church & Dwight Co. Inc. 0.01% 5,905 $517K No change
PBR Petroleo Brasileiro-Spon ADR 0.01% 39,177 $496K No change
NVO Novo-Nordisk A/S-Spons ADR 0.01% 8,563 $475K Reduce -80.7%
TXN Texas Instruments Inc. 0.01% 2,491 $458K Reduce -64.4%
MDT Medtronic PLC 0.01% 4,465 $425K Add +12.4%
KOF Coca-Cola Femsa Sab-SP ADR 0.01% 5,083 $422K No change
TGT Target Corp. 0.01% 4,610 $414K No change
WCN Waste Connections Inc. 0.01% 2,257 $397K Add +37.8%
IT Gartner Inc. 0.01% 1,500 $394K New
GIS General Mills Inc. 0.01% 7,468 $377K Reduce -70.4%
TTWO Take-Two Interactive Softwre 0.01% 1,274 $329K Reduce -82.2%
ELV Elevance Health Inc. 0.01% 1,011 $327K Reduce -48.9%
UPS United Parcel Service Class B 0.01% 3,660 $306K No change
CCI Crown Castle Inc. 0.01% 3,041 $293K No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.00% 8,700 $284K Reduce -85.8%
TW Tradeweb Markets Inc. Class A 0.00% 2,398 $266K Reduce -16.2%
HUM Humana Inc. 0.00% 952 $248K New
VRSK Verisk Analytics Inc. 0.00% 964 $242K New
QGEN Qiagen N.V. 0.00% 5,131 $227K No change
Other holdings (4): bonds, preferreds, convertibles and warrants · $4.0M (not counted above)
SecurityClassShares / PrincipalValueChange
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 36,497$2.5MAdd +28.2%
MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) DEP SHS REPSTG 10,936$646KNo change
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 13,279$503KNo change
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A 6,800$268KNo change

Total filed on the 13F, all lines: $5.8B.

Portfolio Sells Q2 2025 → Q3 2025

NFLX Netflix Inc. Reduce -2.1% 2.24% −0.60
HON Honeywell International Inc. Reduce -94.3% 0.02% −0.51
HLT Hilton Worldwide Holdings Inc. Reduce -48.6% 0.29% −0.36
FCX Freeport-McMoran Inc. Reduce -34.1% 0.25% −0.21
MA Mastercard Inc. Class A Reduce -6.3% 0.95% −0.16
PLTR Palantir Technologies Inc. Class A Reduce -49.5% 0.23% −0.15
ACGL Arch Capital Group Ltd. Reduce -75.5% 0.04% −0.15
BSX Boston Scientific Corp. Reduce -2.5% 0.55% −0.14
FLUT Flutter Entertainment PLC-Di Reduce -1.3% 0.51% −0.14
DHR Danaher Corp. Reduce -23.2% 0.30% −0.13
CTVA Corteva Inc. Reduce -3.8% 0.44% −0.12
SLB SLB Ltd. Reduce -45.9% 0.11% −0.12
CME Cme Group Inc. Reduce -19.5% 0.28% −0.11
PH Parker Hannifin Corp. Reduce -69.7% 0.04% −0.10
MMM 3M Co. Sold out 0.00% −0.09
MNST Monster Beverage Corp. Reduce -30.4% 0.19% −0.09
REGN Regeneron Pharmaceuticals Reduce -13.1% 0.45% −0.09
TRP TC Energy Corp. Reduce -34.8% 0.15% −0.08
HWM Howmet Aerospace Inc. Reduce -11.8% 0.38% −0.07
CHTR Charter Communications Inc. Class A Reduce -21.1% 0.06% −0.07
HEI Heico Corp. Reduce -0.2% 0.49% −0.06
KKR KKR & Co. Inc. Reduce -30.9% 0.09% −0.06
BMY Bristol-Myers Squibb Co. Reduce -26.5% 0.09% −0.05
STZ Constellation Brands Inc. Class A Reduce -53.5% 0.03% −0.05
NVO Novo-Nordisk A/S-Spons ADR Reduce -80.7% 0.01% −0.05
CEG Constellation Energy Reduce -13.8% 0.19% −0.05
AES AES Corp. Reduce -82.5% 0.01% −0.05
HTHT H World Group Ltd.-ADR Sold out 0.00% −0.04
CVX Chevron Corp. Reduce -36.9% 0.06% −0.04
FDX FedEx Corp. Reduce -62.8% 0.02% −0.04
VICI Vici Properties Inc. Reduce -85.8% 0.00% −0.03
GLOB Globant SA Reduce -27.6% 0.02% −0.03
TSCO Tractor Supply Company Reduce -59.0% 0.02% −0.03
ZTS Zoetis Inc. Sold out 0.00% −0.03
TTWO Take-Two Interactive Softwre Reduce -82.2% 0.01% −0.03
ETR Entergy Corp. Sold out 0.00% −0.03
CMS CMS Energy Corp. Sold out 0.00% −0.02
PAYX Paychex Inc. Reduce -19.6% 0.04% −0.02
EQT Eqt Corp. Reduce -31.4% 0.03% −0.02
SE Sea Ltd.-ADR Reduce -22.3% 0.08% −0.02
TFC Truist Financial Corp. Reduce -61.8% 0.01% −0.02
AWI Armstrong World Industries Reduce -49.3% 0.03% −0.02
AXON Axon Enterprise Inc. Reduce -28.1% 0.03% −0.02
TXN Texas Instruments Inc. Reduce -64.4% 0.01% −0.02
CSX CSX Corp. Reduce -45.6% 0.02% −0.02
CMCSA Comcast Corp. Class A Reduce -0.8% 0.07% −0.02
RSG Republic Services Inc. Sold out 0.00% −0.02
COF Capital One Financial Corp. Reduce -7.6% 0.09% −0.02
LEGN Legend Biotech Corp.-ADR Sold out 0.00% −0.02
GIS General Mills Inc. Reduce -70.4% 0.01% −0.02

Portfolio Buys Q2 2025 → Q3 2025

TSLA Tesla Inc. Add +10.5% 4.00% +1.13
GOOGL Alphabet Inc. Class A Add +23.6% 1.87% +0.65
AVGO Broadcom Inc. Add +3.4% 5.87% +0.60
GOOG Alphabet Inc. Class C Add +4.5% 1.99% +0.45
NVDA Nvidia Corp. Add +4.6% 3.03% +0.30
TCOM Trip.com Group Ltd.-ADR Add +18.3% 1.04% +0.28
ONC Beone Medicines Ltd.-ADR Add +10.9% 0.88% +0.25
ALNY Alnylam Pharmaceuticals Inc. Add +1.1% 1.02% +0.22
AEM Agnico Eagle Mines Ltd. Add +143.2% 0.32% +0.21
GE General Electric Add +12.0% 1.39% +0.21
IBM Intl Business Machines Corp. Add +375.7% 0.26% +0.20
AMGN Amgen Inc. Add +58.2% 0.61% +0.19
APH Amphenol Corp. Class A New 0.18% +0.18
RBLX Roblox Corp. Class A Add +2.1% 0.91% +0.16
ORCL Oracle Corp. Add +222.8% 0.21% +0.16
AAPL Apple Inc. Add +5.3% 0.97% +0.14
ASML ASML Holding NV-NY Reg SHS Add +7.2% 0.99% +0.14
MSFT Microsoft Corp. Add +9.3% 6.06% +0.14
GEV GE Vernova Inc. Add +25.4% 0.56% +0.13
IR Ingersoll-Rand Inc. Add +38.1% 0.69% +0.13
FTAI Ftai Aviation Ltd. Add +48.8% 0.25% +0.12
DB Deutsche Bank AG-Registered Add +6.3% 0.95% +0.12
TTEK Tetra Tech Inc. New 0.11% +0.11
TDG Transdigm Group Inc. Add +48.2% 0.79% +0.11
CRM Salesforce Inc. Add +48.7% 0.75% +0.10
KLAC KLA Corp. Add +5.0% 0.82% +0.10
TMO Thermo Fisher Scientific Inc. Add +5.0% 0.83% +0.10
C Citigroup Inc. Add +6.3% 0.66% +0.08
SPOT Spotify Technology SA Add +65.6% 0.30% +0.08
COO The Cooper Cos Inc. Add +72.2% 0.22% +0.07
JPM JPMorgan Chase & Co. Add +5.9% 2.02% +0.07
YMM Full Truck Alliance -SPN ADR New 0.06% +0.06
CMG Chipotle Mexican Grill Inc. Add +271.3% 0.09% +0.05
URI United Rentals Inc. Add +34.8% 0.15% +0.05
WYNN WYNN Resorts Ltd. Add +2.4% 0.25% +0.05
DHI D.R. Horton Inc. Add +272.1% 0.07% +0.05
CVE Cenovus Energy Inc. Add +0.8% 0.42% +0.05
BZ Kanzhun Ltd. - ADR Add +116.4% 0.08% +0.05
AMX America Movil Sab DE CV Add +4.8% 0.48% +0.05
WELL Welltower Inc. Add +31.9% 0.15% +0.04
B Barrick Mining Corp. Add +49.9% 0.07% +0.04
ALGN Align Technology Inc. Add +107.6% 0.17% +0.03
LHX L3HARRIS Technologies Inc. Add +6.2% 0.23% +0.03
INTC Intel Corp. Add +14.8% 0.08% +0.03
SRE Sempra Add +3.7% 0.30% +0.03
SO The Southern Co. New 0.03% +0.03
CRSP Crispr Therapeutics AG Add +8.9% 0.11% +0.03
ICLR Icon PLC New 0.03% +0.03
ARGX Argenx SE - ADR New 0.02% +0.02
WMS Advanced Drainage Systems Inc. New 0.02% +0.02

Notes & Other Activity Q2 2025 → Q3 2025

BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A Add +28.2% 36,497 $2.5M

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 282$7.1BAVGO, NVDA, META, TSLA, MSFT
Q1 2026 285$6.1BMETA, AVGO, NVDA, MSFT, TSLA
Q4 2025 296$6.2BAVGO, MSFT, META, TSLA, NVDA
Q3 2025 276$5.8BMSFT, META, AVGO, TSLA, NVDA
Q2 2025 283$5.2BMETA, MSFT, AVGO, TSLA, NFLX
Q1 2025 284$4.4BMETA, MSFT, AVGO, TSLA, NVDA
Q4 2024 282$4.3BAVGO, META, MSFT, TSLA, NVDA
Q3 2024 274$3.9BMSFT, META, AVGO, TSLA, NVDA
Q2 2024 267$3.3BMSFT, AVGO, META, NVDA, LLY
Q1 2024 247$3.0BMSFT, META, AVGO, LLY, NVDA