Capital International Sarl

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Capital International Sarl reported 285 stock positions worth $6.1 billion. Its top holding was Meta Platforms Class A (META) at 5.1% of the portfolio, followed by Broadcom (AVGO, 4.8%) and Nvidia (NVDA, 4.6%). Compared with Q4 2025, it opened 30 new positions, sold out of 41, added to 138 and reduced 104. The biggest buy was a new position in Astrazeneca (AZN) and the biggest sale Microsoft (MSFT, shares −3%).

Most Recent 13F
Q2 2026
Location
Los Angeles, CA
CIK
0001065349
Portfolio Value
$6.1B (Q1 2026)
SEC Filing
0001065349-26-000005 ↗ filed May 13, 2026

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 Q3 2025 Q4 2025: $6.2B Q4 2025 Q1 2026: $6.1B $6.1B Q1 2026 Q2 2026: $7.1B Q2 2026

Holdings 285 stocks · $6.1B

META Meta Platforms Inc. Class A 5.11% 545,399 $312.0M Add +3.4%
AVGO Broadcom Inc. 4.84% 955,041 $295.6M Reduce -7.0%
NVDA Nvidia Corp. 4.58% 1,601,809 $279.4M Add +26.3%
MSFT Microsoft Corp. 4.22% 695,912 $257.6M Reduce -3.3%
TSLA Tesla Inc. 3.37% 553,817 $205.9M Add +5.2%
AZN Astrazeneca PLC 2.92% 914,752 $178.3M New
GOOGL Alphabet Inc. Class A 2.40% 508,417 $146.2M Add +36.3%
GOOG Alphabet Inc. Class C 2.27% 483,809 $138.8M Reduce -0.3%
LLY Eli Lilly & Co. 2.27% 150,461 $138.4M Add +2.3%
AMZN Amazon.com Inc. 2.14% 626,054 $130.4M Add +10.0%
PM Philip Morris International 1.85% 682,706 $112.9M Add +3.4%
TTE Totalenergies SE 1.85% 1,222,988 $112.6M Add +8.9%
RCL Royal Caribbean Cruises Ltd. 1.77% 393,137 $108.2M Add +8.1%
VRTX Vertex Pharmaceuticals Inc. 1.53% 208,882 $93.3M Add +8.0%
SHOP Shopify Inc. Class A 1.50% 774,152 $91.8M Add +11.4%
V Visa Inc. Class A 1.31% 264,830 $80.0M Add +8.4%
NOC Northrop Grumman Corp. 1.27% 113,633 $77.5M Add +26.3%
GE General Electric filed as GE AEROSPACE 1.24% 265,937 $75.5M Reduce -9.8%
AAPL Apple Inc. 1.23% 296,472 $75.2M Reduce -10.2%
COST Costco Wholesale Corp. 1.11% 68,256 $68.0M Add +5.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.08% 1,356,337 $66.1M Add +20.2%
MU Micron Technology Inc. 1.04% 187,728 $63.4M Reduce -17.7%
SBUX Starbucks Corp. 1.03% 703,213 $63.0M Add +26.8%
MELI MercadoLibre Inc. 1.01% 35,634 $61.6M Add +9.9%
NFLX Netflix Inc. 0.96% 611,593 $58.8M Reduce -25.3%
NET Cloudflare Inc. Class A 0.94% 278,952 $57.6M Add +13.3%
ISRG Intuitive Surgical Inc. 0.91% 120,863 $55.7M Add +5.5%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.91% 42,072 $55.6M Reduce -20.6%
TSM Taiwan Semiconductor-SP ADR 0.90% 162,575 $54.9M Add +4.0%
DE Deere & Co. 0.88% 95,506 $53.8M Add +26.8%
MA Mastercard Inc. Class A 0.88% 107,299 $53.6M Reduce -3.0%
ONC Beone Medicines Ltd.-ADR 0.85% 173,879 $51.6M Add +14.0%
RPRX Royalty Pharma PLC Class A 0.82% 1,048,202 $50.3M Add +96.0%
KLAC KLA Corp. 0.81% 33,520 $49.4M Add +0.1%
JPM JPMorgan Chase & Co. 0.81% 167,536 $49.3M Reduce -22.4%
LIN Linde PLC 0.81% 99,195 $49.2M Add +4.0%
QSR Restaurant Brands Intern 0.79% 650,735 $48.1M Add +38.0%
TDG Transdigm Group Inc. 0.78% 40,890 $47.4M Add +10.8%
WELL Welltower Inc. 0.77% 239,169 $47.3M Add +58.7%
APH Amphenol Corp. Class A 0.76% 367,122 $46.4M Add +231.9%
C Citigroup Inc. 0.76% 407,780 $46.2M Add +1.7%
RYAAY Ryanair Holdings PLC-SP ADR 0.72% 761,948 $44.0M Add +8.1%
TMO Thermo Fisher Scientific Inc. 0.72% 89,414 $43.9M Reduce -16.1%
FTAI Ftai Aviation Ltd. 0.66% 164,413 $40.3M Add +9.5%
DB Deutsche Bank AG-Registered 0.64% 1,332,396 $38.9M Reduce -14.6%
GEV GE Vernova Inc. 0.58% 40,696 $35.5M Add +13.4%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.56% 156,934 $34.0M Add +3.7%
AMGN Amgen Inc. 0.55% 94,516 $33.3M Add +7.5%
CVE Cenovus Energy Inc. 0.54% 1,247,752 $33.0M Reduce -10.6%
TCOM Trip.com Group Ltd.-ADR 0.54% 660,014 $32.9M Add +2.3%
CB Chubb Ltd. 0.53% 99,505 $32.4M Reduce -39.9%
CRM Salesforce Inc. 0.52% 169,488 $31.6M Reduce -33.3%
ABT Abbott Laboratories 0.51% 302,915 $31.1M Reduce -17.9%
SHW The Sherwin-Williams Co. 0.49% 92,621 $29.7M Reduce -13.5%
MTD Mettler-Toledo International 0.46% 22,273 $28.1M Add +18.7%
CARR Carrier Global Corp. 0.45% 486,769 $27.4M Add +3.1%
AEM Agnico Eagle Mines Ltd. 0.44% 133,876 $27.1M Add +16.7%
WPM Wheaton Precious Metals Corp. 0.43% 201,115 $26.3M Add +256.5%
BG Bunge Global SA 0.42% 199,923 $25.4M Add +7.4%
CNQ Canadian Natural Resources 0.42% 521,111 $25.3M Add +39.5%
CAT Caterpillar Inc. 0.41% 35,563 $25.2M Add +393.0%
HEI Heico Corp. 0.41% 90,747 $24.9M Add +14.2%
BKNG Booking Holdings Inc. 0.40% 5,816 $24.5M Reduce -0.1%
HD Home Depot Inc. 0.40% 73,806 $24.3M Add +16.1%
IR Ingersoll-Rand Inc. 0.40% 301,753 $24.2M Reduce -34.0%
RBLX Roblox Corp. Class A 0.39% 421,964 $23.9M Add +13.6%
ABBV Abbvie Inc. 0.39% 108,363 $23.6M Add +64.6%
AON Aon PLC Class A 0.38% 72,301 $23.3M Add +8.5%
SPGI S&P Global Inc. 0.38% 53,838 $22.9M Add +4.2%
YUM Yum! Brands Inc. 0.37% 147,055 $22.9M Add +7.2%
CTVA Corteva Inc. 0.36% 266,105 $22.3M Add +10.6%
PFE Pfizer Inc. 0.35% 759,368 $21.3M Add +5.0%
KKR KKR & Co. Inc. 0.35% 229,318 $21.2M Add +34.0%
MCD McDonald's Corp. 0.34% 67,633 $21.0M Add +5.3%
LHX L3HARRIS Technologies Inc. 0.34% 60,698 $20.9M Add +2.0%
CDNS Cadence Design SYS Inc. 0.34% 73,676 $20.5M New
BA The Boeing Co. 0.33% 102,686 $20.4M Add +3.2%
STZ Constellation Brands Inc. Class A 0.33% 135,235 $20.3M Add +9.2%
ALGN Align Technology Inc. 0.32% 115,167 $19.7M Add +8.3%
KEYS Keysight Technologies Inc. 0.32% 68,267 $19.3M Reduce -2.1%
REGN Regeneron Pharmaceuticals 0.31% 24,602 $19.0M Add +5.7%
MDLZ Mondelez International Inc. Class A 0.31% 325,121 $18.7M Reduce -22.2%
ITT Itt Inc. 0.31% 98,082 $18.7M Reduce -1.2%
GS Goldman Sachs Group Inc. 0.29% 21,004 $17.8M Add +4.4%
ALNY Alnylam Pharmaceuticals Inc. 0.29% 53,349 $17.7M Reduce -55.3%
BSX Boston Scientific Corp. 0.29% 279,338 $17.5M Reduce -32.8%
ULS Ul Solutions Inc. Class A 0.29% 203,244 $17.4M Add +5.2%
AMX America Movil Sab DE CV 0.28% 677,924 $17.3M Reduce -37.6%
MAR Marriott International Class A 0.28% 52,319 $17.1M Reduce -1.7%
NKE Nike Inc. Class B 0.28% 321,675 $17.0M Add +9.5%
DHR Danaher Corp. 0.28% 89,304 $16.9M Add +3.4%
BN Brookfield Corp. 0.26% 389,706 $15.8M Add +14.3%
RTX RTX Corp. 0.26% 81,065 $15.6M Add +26.7%
HPE Hewlett Packard Enterprise 0.25% 652,183 $15.5M Add +135.5%
CPRT Copart Inc. 0.24% 448,764 $14.9M Reduce -35.4%
WYNN WYNN Resorts Ltd. 0.24% 143,255 $14.5M Add +19.0%
DBD Diebold Nixdorf Inc. 0.23% 186,262 $14.1M No change
COO The Cooper Cos Inc. 0.23% 194,910 $13.9M Add +6.2%
COP Conocophillips 0.21% 96,563 $12.7M Reduce -21.1%
SLB SLB Ltd. filed as SLB LIMITED 0.20% 239,082 $12.3M Add +16.5%
UNH Unitedhealth Group Inc. 0.19% 43,403 $11.7M Add +26.8%
INTC Intel Corp. 0.19% 263,558 $11.6M Reduce -33.8%
EPAM Epam Systems Inc. 0.19% 84,379 $11.4M Add +116.4%
WMT Walmart Inc. 0.18% 90,014 $11.2M Add +16.8%
UNP Union Pacific Corp. 0.18% 45,497 $11.0M Add +67.5%
RACE Ferrari NV 0.18% 32,530 $11.0M Add +120.3%
ICE Intercontinental Exchange Inc. 0.18% 68,187 $10.7M Add +3.2%
ILMN Illumina Inc. 0.17% 86,385 $10.6M Reduce -17.8%
NOW ServiceNow Inc. 0.17% 101,828 $10.6M Reduce -55.1%
KO The Coca-Cola Co. 0.17% 138,445 $10.5M Add +12.8%
MRSH Marsh & McLennan Cos 0.17% 59,448 $10.3M Add +2.3%
RGLD Royal Gold Inc. 0.17% 40,349 $10.3M Reduce -29.3%
BAM Brookfield Asset Mgmt-A 0.16% 221,898 $9.9M Reduce -16.2%
IBN Icici Bank Ltd.-Spon ADR 0.16% 374,784 $9.7M Reduce -7.1%
MNST Monster Beverage Corp. 0.16% 133,545 $9.7M Add +6.5%
BRK.B Berkshire Hathaway Inc. Class B 0.15% 19,073 $9.1M Add +8.2%
SRE Sempra 0.15% 91,475 $8.9M Reduce -40.8%
DAL Delta Air Lines Inc. 0.14% 130,807 $8.7M Reduce -11.7%
CME Cme Group Inc. 0.13% 27,316 $8.1M Add +9.8%
ECL Ecolab Inc. 0.13% 30,133 $8.0M Reduce -71.9%
XOM Exxon Mobil Corp. 0.12% 44,810 $7.6M Add +2.0%
AMAT Applied Materials Inc. 0.12% 21,869 $7.5M Reduce -25.0%
WLK Westlake Corp. 0.12% 63,634 $7.4M New
ARM Arm Holdings PLC-ADR 0.12% 48,789 $7.4M Add +7.4%
XPO Xpo Inc. 0.11% 35,460 $6.9M Reduce -21.7%
EOG EOG Resources Inc. 0.11% 47,687 $6.9M Add +87.0%
EFX Equifax Inc. 0.11% 37,216 $6.7M Reduce -28.3%
CVS CVS Health Corp. 0.11% 92,215 $6.6M Add +22.6%
LYB Lyondellbasell Indu Class A 0.11% 81,235 $6.5M Add +442.6%
AXP American Express Co. 0.11% 21,370 $6.5M Reduce -9.6%
B Barrick Mining Corp. 0.11% 157,248 $6.4M Add +5.6%
APP AppLovin Corp. Class A 0.10% 16,008 $6.4M New
TTEK Tetra Tech Inc. 0.10% 211,477 $6.4M Add +2.0%
TT Trane Technologies PLC 0.10% 15,069 $6.3M Add +1.1%
MDB Mongodb Inc. 0.10% 25,318 $6.2M Add +1.0%
SPOT Spotify Technology SA 0.10% 12,648 $6.1M Reduce -48.2%
FCX Freeport-McMoran Inc. 0.10% 103,427 $6.1M Reduce -61.6%
AKAM Akamai Technologies Inc. 0.10% 52,478 $6.0M New
CMCSA Comcast Corp. Class A 0.10% 207,617 $6.0M Add +15.6%
BMY Bristol-Myers Squibb Co. 0.09% 94,231 $5.7M Reduce -8.0%
ASND Ascendis Pharma A/S 0.09% 24,749 $5.7M Reduce -0.8%
CRH CRH PLC 0.09% 53,491 $5.6M Add +1.5%
GILD Gilead Sciences Inc. 0.09% 40,000 $5.6M Add +7.1%
DHI D.R. Horton Inc. 0.09% 39,548 $5.4M Add +50.6%
CNP Centerpoint Energy Inc. 0.09% 123,831 $5.3M Reduce -21.6%
GLOB Globant SA 0.09% 114,635 $5.3M Add +399.4%
GRFS Grifols SA-ADR 0.08% 645,251 $5.2M No change
BKR Baker Hughes Co. 0.08% 82,817 $5.1M Add +16.8%
ICLR Icon PLC 0.08% 44,201 $4.9M Reduce -13.7%
CRSP Crispr Therapeutics AG 0.08% 102,278 $4.9M Add +7.9%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.08% 49,928 $4.7M Reduce -11.8%
TBBB BBB Foods Inc. Class A 0.08% 133,065 $4.7M Add +3.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.08% 19,135 $4.6M Reduce -69.1%
PGR Progressive Corp. 0.07% 22,857 $4.5M Add +56.2%
HLT Hilton Worldwide Holdings Inc. 0.07% 14,683 $4.5M Reduce -25.5%
URI United Rentals Inc. 0.07% 6,107 $4.4M Reduce -13.7%
CMG Chipotle Mexican Grill Inc. 0.07% 137,411 $4.4M Reduce -10.7%
PBR Petroleo Brasileiro-Spon ADR 0.07% 210,211 $4.4M Add +436.6%
SOBO South Bow Corp. 0.07% 125,628 $4.2M Reduce -13.6%
KDP Keurig Dr Pepper Inc. 0.07% 156,215 $4.1M Reduce -15.3%
WDC Western Digital Corp. 0.07% 15,192 $4.1M New
CEG Constellation Energy 0.07% 14,217 $4.0M Reduce -46.1%
COF Capital One Financial Corp. 0.06% 21,114 $3.9M Reduce -27.6%
ZBH Zimmer Biomet Holdings Inc. 0.06% 42,410 $3.8M Add +10.1%
BP BP PLC-Spons ADR 0.06% 80,054 $3.8M New
MDT Medtronic PLC 0.06% 41,919 $3.6M Add +161.5%
APO Apollo Global Management Inc. 0.06% 31,689 $3.5M Add +95.5%
SO The Southern Co. 0.06% 36,430 $3.5M Add +62.8%
AME Ametek Inc. 0.06% 16,320 $3.5M Add +31.4%
ATO Atmos Energy Corp. 0.06% 18,887 $3.5M Reduce -21.4%
GGB Gerdau SA -Spon ADR 0.06% 954,655 $3.4M Add +2.1%
KT KT Corp.-SP ADR 0.05% 154,133 $3.3M Add +0.9%
CPNG Coupang Inc. 0.05% 168,790 $3.2M Add +12.8%
FNV Franco-Nevada Corp. 0.05% 12,691 $3.1M Reduce -0.9%
IP International Paper Co. 0.05% 87,142 $3.1M Reduce -5.6%
ALB Albemarle Corp. 0.05% 16,069 $2.9M Add +32.8%
LOAR Loar Holdings Inc. 0.04% 47,823 $2.7M Add +26.1%
PDD PDD Holdings Inc. 0.04% 26,050 $2.7M Reduce -6.1%
TRP TC Energy Corp. 0.04% 40,629 $2.5M Reduce -39.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.04% 24,909 $2.4M Add +107.5%
ACN Accenture PLC Class A 0.04% 11,801 $2.3M Reduce -69.3%
WFC Wells Fargo & Co. 0.04% 29,167 $2.3M Add +71.9%
CR Crane Co. 0.04% 13,537 $2.3M New
ACGL Arch Capital Group Ltd. 0.04% 23,999 $2.3M Reduce -2.8%
T AT&T Inc. 0.04% 79,245 $2.3M Add +35.1%
ARMK Aramark 0.04% 56,508 $2.3M Reduce -50.7%
HTHT H World Group Ltd.-ADR 0.04% 44,288 $2.2M Add +25.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.04% 13,601 $2.2M Reduce -25.2%
TEAM Atlassian Corp. Class A 0.04% 31,484 $2.1M Add +1.4%
DTE DTE Energy Company 0.03% 13,871 $2.0M Add +38.9%
APD Air Products & Chemicals Inc. 0.03% 6,932 $2.0M Reduce -31.3%
BRO Brown & Brown Inc. 0.03% 30,813 $2.0M Add +27.0%
SE Sea Ltd.-ADR 0.03% 24,007 $2.0M Reduce -34.1%
ATI Ati Inc. 0.03% 13,137 $1.9M Add +53.9%
FE Firstenergy Corp. 0.03% 37,322 $1.9M Add +23.8%
PAYX Paychex Inc. 0.03% 20,334 $1.9M Reduce -0.9%
USFD US Foods Holding Corp. 0.03% 20,002 $1.8M Reduce -39.7%
CSCO Cisco Systems Inc. 0.03% 23,585 $1.8M New
EQT Eqt Corp. 0.03% 27,094 $1.7M Reduce -16.8%
FISV Fiserv Inc. 0.03% 30,793 $1.7M Add +303.2%
FITB Fifth Third Bancorp 0.03% 36,446 $1.7M Add +19.5%
MSTR Strategy Inc. 0.03% 13,309 $1.7M Add +23.2%
LII Lennox International Inc. 0.03% 3,409 $1.6M Reduce -23.6%
JNJ Johnson & Johnson 0.03% 6,288 $1.5M Add +42.5%
BAP Credicorp Ltd. 0.02% 4,430 $1.5M Add +205.3%
BURL Burlington Stores Inc. 0.02% 4,277 $1.4M New
SPG Simon Property Group Inc. 0.02% 7,431 $1.4M Add +31.6%
NSC Norfolk Southern Corp. 0.02% 4,701 $1.3M Reduce -2.1%
CVX Chevron Corp. 0.02% 6,362 $1.3M Reduce -70.3%
DRI Darden Restaurants Inc. 0.02% 6,560 $1.3M Reduce -33.8%
BABA Alibaba Group Holding-SP ADR 0.02% 10,197 $1.3M No change
ARES Ares Management Corp. Class A 0.02% 11,686 $1.3M New
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.02% 86,322 $1.2M Reduce -2.9%
NTES Netease Inc.-ADR 0.02% 10,995 $1.2M Reduce -8.6%
MO Altria Group Inc. 0.02% 18,452 $1.2M Add +32.7%
PG The Procter & Gamble Co. 0.02% 8,220 $1.2M Add +41.0%
BX Blackstone Inc. 0.02% 10,199 $1.2M Reduce -44.7%
VNOM Viper Energy Inc. Class A 0.02% 24,612 $1.2M New
CVNA Carvana Co. 0.02% 3,531 $1.1M New
EXR Extra Space Storage Inc. 0.02% 8,304 $1.1M No change
OWL Blue Owl Capital Inc. 0.02% 118,476 $1.1M Reduce -5.2%
NCLH Norwegian Cruise Line Holdin 0.02% 51,706 $967K Reduce -53.1%
ORCL Oracle Corp. 0.02% 6,453 $949K Reduce -13.0%
PH Parker Hannifin Corp. 0.02% 1,053 $943K Reduce -68.0%
HEI.A Heico Corp. Class A 0.02% 4,428 $935K No change
CI The Cigna Group 0.02% 3,481 $929K Reduce -7.5%
SWK Stanley Black & Decker Inc. 0.01% 12,820 $911K Add +23.2%
BTI British American Tob-SP ADR 0.01% 15,566 $910K Reduce -73.5%
SW Smurfit Westrock PLC 0.01% 21,564 $859K New
TGT Target Corp. 0.01% 6,992 $847K Add +51.7%
CF CF Industries Holdings Inc. 0.01% 6,485 $842K New
TMUS T-Mobile US Inc. 0.01% 3,956 $831K Reduce -65.4%
FICO Fair Isaac Corp. 0.01% 761 $812K Add +63.3%
TSCO Tractor Supply Company 0.01% 17,734 $803K No change
WH Wyndham Hotels & Resorts Inc. 0.01% 9,741 $791K Reduce -21.2%
NEE Nextera Energy Inc. 0.01% 8,425 $783K No change
CNI Canadian Natl Railway Co. 0.01% 7,510 $773K Reduce -92.4%
G Genpact Ltd. 0.01% 20,395 $760K Reduce -3.2%
NVO Novo-Nordisk A/S-Spons ADR 0.01% 20,015 $736K Add +133.7%
MOH Molina Healthcare Inc. 0.01% 5,288 $705K Reduce -24.5%
TEL Te Connectivity PLC 0.01% 3,334 $697K Add +32.3%
PLD Prologis Inc. 0.01% 5,227 $691K No change
AMT American Tower Corp. 0.01% 3,946 $681K Reduce -10.0%
GD General Dynamics Corp. 0.01% 1,966 $675K Reduce -46.2%
D Dominion Energy Inc. 0.01% 10,841 $670K No change
HAL Halliburton Co. 0.01% 16,500 $643K Reduce -78.8%
BLD Topbuild Corp. 0.01% 1,814 $637K No change
TXN Texas Instruments Inc. 0.01% 3,227 $626K Reduce -43.6%
MS Morgan Stanley 0.01% 3,757 $618K Reduce -48.1%
GLW Corning Inc. 0.01% 4,466 $607K No change
STX Seagate Technology Holdings 0.01% 1,539 $603K New
UBER Uber Technologies Inc. 0.01% 8,162 $587K Reduce -36.4%
MDLN Medline Inc. Class A 0.01% 13,142 $585K Add +19.5%
UPS United Parcel Service Class B 0.01% 5,645 $555K Add +54.2%
BZ Kanzhun Ltd. - ADR 0.01% 40,471 $542K Reduce -80.3%
VALE Vale SA-SP ADR 0.01% 32,228 $513K Reduce -95.1%
ITW Illinois Tool Works 0.01% 1,964 $511K No change
KOF Coca-Cola Femsa Sab-SP ADR 0.01% 5,088 $496K Add +0.1%
AMD Advanced Micro Devices 0.01% 2,422 $493K New
MTN Vail Resorts Inc. 0.01% 3,824 $491K Add +7.8%
TOST Toast Inc. Class A 0.01% 18,338 $486K New
PNW Pinnacle West Capital 0.01% 4,655 $469K New
BLK BlackRock Inc. 0.01% 468 $450K Add +112.7%
ADBE Adobe Inc. 0.01% 1,782 $433K Reduce -15.1%
SCCO Southern Copper Corp. 0.01% 2,451 $422K New
GEHC GE Healthcare Technology 0.01% 5,880 $419K Reduce -52.4%
CCJ Cameco Corp. 0.01% 3,689 $401K New
CCI Crown Castle Inc. 0.01% 4,881 $397K Add +60.5%
CYTK Cytokinetics Inc. 0.01% 5,890 $388K New
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.01% 5,367 $385K Reduce -94.9%
XEL Xcel Energy Inc. 0.01% 4,791 $381K New
JCI Johnson Controls Internation 0.01% 2,734 $358K Reduce -24.8%
FANG Diamondback Energy Inc. 0.01% 1,597 $316K Reduce -71.8%
ARE Alexandria Real Estate Equit 0.01% 6,613 $307K Add +0.3%
WM Waste Management Inc. 0.00% 1,267 $291K New
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 0.00% 1,989 $272K New
PEG Public Service Enterprise GP 0.00% 3,158 $256K Reduce -42.8%
USB US Bancorp 0.00% 4,860 $253K New
UDR Udr Inc. 0.00% 7,438 $251K New
SCHW Schwab (charles) Corp. 0.00% 2,608 $245K New
ANET Arista Networks Inc. 0.00% 1,978 $243K New
PCAR Paccar Inc. 0.00% 1,999 $231K No change
HON Honeywell International Inc. 0.00% 1,007 $228K Reduce -83.1%
VNET Vnet Group Inc.-ADR 0.00% 26,237 $220K New
MMYT Makemytrip Ltd. 0.00% 5,894 $220K Reduce -86.1%
Other holdings (2): bonds, preferreds, convertibles and warrants · $5.4M (not counted above)
SecurityClassShares / PrincipalValueChange
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 71,978$4.7MAdd +46.6%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 10,121$727KReduce -23.8%

Total filed on the 13F, all lines: $6.1B.

Portfolio Sells Q4 2025 → Q1 2026

MSFT Microsoft Corp. Reduce -3.3% 4.22% −1.37
AVGO Broadcom Inc. Reduce -7.0% 4.84% −0.87
SNPS Synopsys Inc. Sold out 0.00% −0.65
CRM Salesforce Inc. Reduce -33.3% 0.52% −0.56
ALNY Alnylam Pharmaceuticals Inc. Reduce -55.3% 0.29% −0.47
FLUT Flutter Entertainment PLC-Di Sold out 0.00% −0.46
NOW ServiceNow Inc. Reduce -55.1% 0.17% −0.38
BSX Boston Scientific Corp. Reduce -32.8% 0.29% −0.35
DB Deutsche Bank AG-Registered Reduce -14.6% 0.64% −0.34
ECL Ecolab Inc. Reduce -71.9% 0.13% −0.32
JPM JPMorgan Chase & Co. Reduce -22.4% 0.81% −0.31
CB Chubb Ltd. Reduce -39.9% 0.53% −0.30
TMO Thermo Fisher Scientific Inc. Reduce -16.1% 0.72% −0.27
NFLX Netflix Inc. Reduce -25.3% 0.96% −0.27
ABT Abbott Laboratories Reduce -17.9% 0.51% −0.23
GE General Electric Reduce -9.8% 1.24% −0.22
IBM Intl Business Machines Corp. Reduce -69.1% 0.08% −0.22
AAPL Apple Inc. Reduce -10.2% 1.23% −0.21
CPRT Copart Inc. Reduce -35.4% 0.24% −0.19
IR Ingersoll-Rand Inc. Reduce -34.0% 0.40% −0.19
GOOG Alphabet Inc. Class C Reduce -0.3% 2.27% −0.17
RDDT Reddit Inc. Class A Sold out 0.00% −0.17
EL Estee Lauder Companies Class A Reduce -94.9% 0.01% −0.17
CNI Canadian Natl Railway Co. Reduce -92.4% 0.01% −0.14
MA Mastercard Inc. Class A Reduce -3.0% 0.88% −0.14
VALE Vale SA-SP ADR Reduce -95.1% 0.01% −0.13
SPOT Spotify Technology SA Reduce -48.2% 0.10% −0.13
ACN Accenture PLC Class A Reduce -69.3% 0.04% −0.13
FCX Freeport-McMoran Inc. Reduce -61.6% 0.10% −0.12
BKNG Booking Holdings Inc. Reduce -0.1% 0.40% −0.10
CEG Constellation Energy Reduce -46.1% 0.07% −0.08
AMX America Movil Sab DE CV Reduce -37.6% 0.28% −0.08
SRE Sempra Reduce -40.8% 0.15% −0.07
EFX Equifax Inc. Reduce -28.3% 0.11% −0.07
SHW The Sherwin-Williams Co. Reduce -13.5% 0.49% −0.07
ICLR Icon PLC Reduce -13.7% 0.08% −0.07
DUOL Duolingo Sold out 0.00% −0.07
BAM Brookfield Asset Mgmt-A Reduce -16.2% 0.16% −0.06
BZ Kanzhun Ltd. - ADR Reduce -80.3% 0.01% −0.06
MDLZ Mondelez International Inc. Class A Reduce -22.2% 0.31% −0.05
MMYT Makemytrip Ltd. Reduce -86.1% 0.00% −0.05
COF Capital One Financial Corp. Reduce -27.6% 0.06% −0.05
HSY The Hershey Co. Sold out 0.00% −0.05
ILMN Illumina Inc. Reduce -17.8% 0.17% −0.05
YMM Full Truck Alliance -SPN ADR Sold out 0.00% −0.05
INTC Intel Corp. Reduce -33.8% 0.19% −0.05
SE Sea Ltd.-ADR Reduce -34.1% 0.03% −0.04
BTI British American Tob-SP ADR Reduce -73.5% 0.01% −0.04
IT Gartner Inc. Sold out 0.00% −0.04
RGLD Royal Gold Inc. Reduce -29.3% 0.17% −0.04

Portfolio Buys Q4 2025 → Q1 2026

AZN Astrazeneca PLC New 2.92% +2.92
NVDA Nvidia Corp. Add +26.3% 4.58% +0.78
TTE Totalenergies SE Add +8.9% 1.85% +0.67
APH Amphenol Corp. Class A Add +231.9% 0.76% +0.52
GOOGL Alphabet Inc. Class A Add +36.3% 2.40% +0.52
RPRX Royalty Pharma PLC Class A Add +96.0% 0.82% +0.49
NOC Northrop Grumman Corp. Add +26.3% 1.27% +0.45
CAT Caterpillar Inc. Add +393.0% 0.41% +0.35
CDNS Cadence Design SYS Inc. New 0.34% +0.34
WELL Welltower Inc. Add +58.7% 0.77% +0.33
WPM Wheaton Precious Metals Corp. Add +256.5% 0.43% +0.33
DE Deere & Co. Add +26.8% 0.88% +0.32
SBUX Starbucks Corp. Add +26.8% 1.03% +0.28
QSR Restaurant Brands Intern Add +38.0% 0.79% +0.27
COST Costco Wholesale Corp. Add +5.4% 1.11% +0.22
CNQ Canadian Natural Resources Add +39.5% 0.42% +0.21
GEV GE Vernova Inc. Add +13.4% 0.58% +0.21
FTAI Ftai Aviation Ltd. Add +9.5% 0.66% +0.18
NET Cloudflare Inc. Class A Add +13.3% 0.94% +0.16
KLAC KLA Corp. Add +0.1% 0.81% +0.16
LIN Linde PLC Add +4.0% 0.81% +0.15
BG Bunge Global SA Add +7.4% 0.42% +0.15
PM Philip Morris International Add +3.4% 1.85% +0.15
HPE Hewlett Packard Enterprise Add +135.5% 0.25% +0.15
ABBV Abbvie Inc. Add +64.6% 0.39% +0.14
RCL Royal Caribbean Cruises Ltd. Add +8.1% 1.77% +0.14
TSM Taiwan Semiconductor-SP ADR Add +4.0% 0.90% +0.14
AEM Agnico Eagle Mines Ltd. Add +16.7% 0.44% +0.13
WLK Westlake Corp. New 0.12% +0.12
VRTX Vertex Pharmaceuticals Inc. Add +8.0% 1.53% +0.12
CTVA Corteva Inc. Add +10.6% 0.36% +0.11
APP AppLovin Corp. Class A New 0.10% +0.10
ONC Beone Medicines Ltd.-ADR Add +14.0% 0.85% +0.10
AKAM Akamai Technologies Inc. New 0.10% +0.10
LYB Lyondellbasell Indu Class A Add +442.6% 0.11% +0.10
RACE Ferrari NV Add +120.3% 0.18% +0.09
BAC Bank of America Corp. Add +20.2% 1.08% +0.09
AMGN Amgen Inc. Add +7.5% 0.55% +0.08
UNP Union Pacific Corp. Add +67.5% 0.18% +0.08
SLB SLB Ltd. Add +16.5% 0.20% +0.07
EOG EOG Resources Inc. Add +87.0% 0.11% +0.07
RTX RTX Corp. Add +26.7% 0.26% +0.07
WDC Western Digital Corp. New 0.07% +0.07
PBR Petroleo Brasileiro-Spon ADR Add +436.6% 0.07% +0.06
LHX L3HARRIS Technologies Inc. Add +2.0% 0.34% +0.06
GLOB Globant SA Add +399.4% 0.09% +0.06
BP BP PLC-Spons ADR New 0.06% +0.06
PFE Pfizer Inc. Add +5.0% 0.35% +0.06
EPAM Epam Systems Inc. Add +116.4% 0.19% +0.06
STZ Constellation Brands Inc. Class A Add +9.2% 0.33% +0.06

Notes & Other Activity Q4 2025 → Q1 2026

BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A Add +46.6% 71,978 $4.7M
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Reduce -23.8% 10,121 $727K
MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) DEP SHS REPSTG Sold out 10,936 $637Kbefore exit
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A Sold out 6,800 $279Kbefore exit

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