Capstone Investment Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Capstone Investment Advisors, LLC reported 441 stock positions worth $8.7 billion. Its top holding was Tesla (TSLA) at 16.1% of the portfolio, followed by Amazon.com (AMZN, 14.3%) and Nvidia (NVDA, 12.3%). Compared with Q4 2024, it opened 113 new positions, sold out of 325, added to 153 and reduced 156. The biggest buy was Tesla (TSLA, shares +6854%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001426196
- Portfolio Value
- $8.7B (Q1 2025)
- SEC Filing
- 0001426196-25-000001 ↗ filed May 15, 2025
Holdings Value
Holdings 441 stocks · $8.7B
| TSLA Tesla Inc. | 16.12% | 5,405,254 | $1.4B | Add +6854.3% |
| AMZN Amazon.com Inc. | 14.26% | 6,515,195 | $1.2B | Add +20.7% |
| NVDA Nvidia Corp. | 12.29% | 9,859,323 | $1.1B | Add +207.6% |
| MSFT Microsoft Corp. | 10.66% | 2,469,186 | $926.9M | Reduce -33.6% |
| IVV iShares Core S&P 500 ETF | 6.18% | 956,191 | $537.3M | Reduce -50.5% |
| GOOGL Alphabet Inc. Class A | 6.05% | 3,402,563 | $526.2M | Add +2897.3% |
| AAPL Apple Inc. | 3.83% | 1,499,734 | $333.1M | Add +374.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.68% | 416,322 | $232.9M | Reduce -43.0% |
| GOOG Alphabet Inc. Class C | 2.34% | 1,303,767 | $203.7M | Add +2395.6% |
| AMD Advanced Micro Devices | 1.74% | 1,471,623 | $151.2M | Add +334.7% |
| VOO Vanguard S&P 500 ETF | 1.22% | 205,787 | $105.8M | Reduce -91.1% |
| AVGO Broadcom Inc. | 0.92% | 475,412 | $79.6M | Add +1030.7% |
| FYBR Frontier Communications Pare | 0.61% | 1,485,000 | $53.3M | New |
| XLF SS Financial Select Sector | 0.46% | 797,085 | $39.7M | Add +13033.7% |
| IWM iShares Russell 2000 ETF | 0.45% | 196,878 | $39.3M | Add +12.7% |
| EEM iShares MSCI Emerging Market | 0.40% | 805,189 | $35.2M | Add +113.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.38% | 353,001 | $33.1M | Add +107.6% |
| KRE SS SPDR S&P Regional Bank | 0.35% | 538,192 | $30.6M | Add +34.7% |
| CHX Championx Corp. | 0.34% | 1,000,000 | $29.8M | New |
| PLTR Palantir Technologies Inc. Class A | 0.34% | 347,190 | $29.3M | Add +298.7% |
| KEX Kirby Corp. | 0.32% | 278,642 | $28.1M | Add +204.5% |
| WMT Walmart Inc. | 0.32% | 320,508 | $28.1M | Add +406.4% |
| GXO Gxo Logistics Inc. | 0.31% | 694,847 | $27.2M | Add +47.2% |
| BX Blackstone Inc. | 0.30% | 188,936 | $26.4M | New |
| K Kellanova | 0.28% | 300,000 | $24.7M | Add +4984.8% |
| RACE Ferrari NV | 0.28% | 57,500 | $24.6M | New |
| SCHW Schwab (charles) Corp. | 0.28% | 312,885 | $24.5M | Add +309.8% |
| JPM JPMorgan Chase & Co. | 0.28% | 99,009 | $24.3M | Add +409.0% |
| PLYA Playa Hotels & Resorts NV | 0.28% | 1,820,000 | $24.3M | New |
| MTZ Mastec Inc. | 0.25% | 189,360 | $22.1M | New |
| LEN Lennar Corp. Class A | 0.25% | 191,557 | $22.0M | Add +1605.2% |
| TS Tenaris SA-ADR | 0.25% | 550,880 | $21.5M | Add +95.1% |
| KKR KKR & Co. Inc. | 0.24% | 181,039 | $20.9M | Add +1685.9% |
| RDDT Reddit Inc. Class A | 0.23% | 190,986 | $20.0M | Add +12623.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.23% | 469,980 | $19.6M | Reduce -20.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.22% | 40,144 | $18.8M | Reduce -17.7% |
| DFS Discover Financial Services | 0.22% | 110,000 | $18.8M | Add +5499900.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.21% | 183,968 | $18.2M | Add +788.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.21% | 108,945 | $18.1M | Add +2518.2% |
| X United States Steel Corp. | 0.21% | 425,000 | $18.0M | New |
| IPG Interpublic Group of Cos Inc. | 0.20% | 650,000 | $17.7M | Add +4539.2% |
| CRM Salesforce Inc. | 0.20% | 64,837 | $17.4M | Add +199.0% |
| ACI Albertsons Cos Inc. Class A | 0.19% | 750,000 | $16.5M | New |
| PM Philip Morris International | 0.19% | 103,501 | $16.4M | Add +1868.1% |
| CME Cme Group Inc. | 0.18% | 60,000 | $15.9M | New |
| ADBE Adobe Inc. | 0.18% | 41,333 | $15.9M | Reduce -54.4% |
| CNI Canadian Natl Railway Co. | 0.18% | 162,031 | $15.8M | Add +147.8% |
| SBUX Starbucks Corp. | 0.18% | 160,609 | $15.8M | Add +35.2% |
| DY Dycom Industries Inc. | 0.18% | 102,198 | $15.6M | New |
| MU Micron Technology Inc. | 0.18% | 178,279 | $15.5M | Reduce -36.3% |
| META Meta Platforms Inc. Class A | 0.18% | 26,627 | $15.3M | Reduce -43.8% |
| FLS Flowserve Corp. | 0.17% | 310,315 | $15.2M | Add +203.9% |
| LPX Louisiana-Pacific Corp. | 0.17% | 160,000 | $14.7M | New |
| HD Home Depot Inc. | 0.15% | 36,382 | $13.3M | Reduce -8.4% |
| COST Costco Wholesale Corp. | 0.15% | 14,027 | $13.3M | New |
| AZEK The Azek Co. Inc. | 0.15% | 264,000 | $12.9M | New |
| R Ryder System Inc. | 0.15% | 89,244 | $12.8M | Add +330.3% |
| RSP Invesco S&P 500 Equal Weight | 0.15% | 73,456 | $12.7M | New |
| IBIT iShares Bitcoin Trust ETF | 0.14% | 265,590 | $12.4M | Reduce -9.4% |
| CC The Chemours Co. | 0.14% | 870,390 | $11.8M | New |
| MTH Meritage Homes Corp. | 0.13% | 157,915 | $11.2M | New |
| DOW Dow Inc. | 0.13% | 317,442 | $11.1M | Add +451.5% |
| ANSS Ansys Inc. | 0.13% | 35,000 | $11.1M | Add +2405.4% |
| GB Global Blue Group Holding AG | 0.13% | 1,500,000 | $11.0M | New |
| XME SS SPDR S&P Metals Mining | 0.13% | 196,133 | $11.0M | Add +152.7% |
| CRH CRH PLC | 0.12% | 123,369 | $10.9M | Add +96.7% |
| CPRI Capri Holdings Ltd. | 0.12% | 550,000 | $10.9M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.12% | 256,741 | $10.7M | Reduce -46.3% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.12% | 412,701 | $10.4M | New |
| MRK Merck & Co. Inc. | 0.12% | 114,826 | $10.3M | Reduce -14.3% |
| VG Venture Global Inc. Class A | 0.12% | 1,000,000 | $10.3M | New |
| MS Morgan Stanley | 0.12% | 87,592 | $10.2M | Add +924.2% |
| LLY Eli Lilly & Co. | 0.12% | 12,218 | $10.1M | Reduce -51.6% |
| BA The Boeing Co. | 0.11% | 58,558 | $10.0M | Reduce -45.3% |
| AAON Aaon Inc. | 0.11% | 125,000 | $9.8M | New |
| AMCR Amcor PLC | 0.11% | 1,000,001 | $9.7M | Add +2851.3% |
| EWZ iShares MSCI Brazil ETF | 0.11% | 374,301 | $9.7M | No change |
| WFRD Weatherford International PL | 0.11% | 180,000 | $9.6M | Add +248.4% |
| CSTM Constellium SE | 0.11% | 928,036 | $9.4M | Add +33.5% |
| INTC Intel Corp. | 0.11% | 411,806 | $9.4M | Reduce -91.1% |
| QTEC First Trust Nasdq 100 Tech I | 0.11% | 52,732 | $9.2M | Add +138.3% |
| APP AppLovin Corp. Class A | 0.10% | 34,432 | $9.1M | Add +38.6% |
| UPS United Parcel Service Class B | 0.10% | 81,289 | $8.9M | Reduce -33.5% |
| JNK SS SPDR BB High Yield Bond | 0.10% | 93,401 | $8.9M | New |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.10% | 111,101 | $8.8M | Add +11110000.0% |
| AMAT Applied Materials Inc. | 0.10% | 59,161 | $8.6M | Reduce -23.3% |
| ARM Arm Holdings PLC-ADR | 0.10% | 79,127 | $8.4M | New |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.10% | 198,101 | $8.4M | New |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.09% | 47,501 | $8.2M | New |
| ACN Accenture PLC Class A | 0.09% | 26,060 | $8.1M | Add +8886.2% |
| MRVL Marvell Technology Inc. | 0.09% | 131,226 | $8.1M | Add +2679.0% |
| ORCL Oracle Corp. | 0.09% | 57,066 | $8.0M | Add +199.0% |
| NKE Nike Inc. Class B | 0.09% | 125,094 | $7.9M | Reduce -49.8% |
| QCOM Qualcomm Inc. | 0.09% | 51,636 | $7.9M | Reduce -56.2% |
| XLI SS Industrial Select Sector | 0.09% | 57,900 | $7.6M | Add +2.1% |
| HOOD Robinhood Markets Inc. Class A | 0.09% | 180,386 | $7.5M | New |
| UNH Unitedhealth Group Inc. | 0.08% | 13,754 | $7.2M | Reduce -70.8% |
| ASA ASA Gold and Precious Metals | 0.08% | 227,782 | $6.9M | Reduce -14.4% |
| MA Mastercard Inc. Class A | 0.08% | 12,034 | $6.6M | Add +4424.1% |
| NFJ Virtus DVD Intrst & PRM STR | 0.07% | 526,672 | $6.4M | No change |
| XGDVX Gabelli Dividend & Income TR | 0.07% | 262,242 | $6.3M | Add +6.8% |
| TGT Target Corp. | 0.07% | 58,291 | $6.1M | Add +13.3% |
| LRCX Lam Research Corp. | 0.07% | 83,289 | $6.1M | Reduce -51.5% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.07% | 63,858 | $5.9M | Add +49.6% |
| NBXG Neuberger Next Generation Co. | 0.07% | 477,748 | $5.9M | Add +2.1% |
| UNP Union Pacific Corp. | 0.07% | 24,604 | $5.8M | Reduce -34.1% |
| CPRT Copart Inc. | 0.07% | 99,844 | $5.7M | Add +2573.9% |
| FCNCA First Citizens Bcshs Class A | 0.06% | 3,019 | $5.6M | Add +3012.4% |
| LOW Lowe's Cos Inc. | 0.06% | 23,149 | $5.4M | Add +10097.8% |
| SPR Spirit Aerosystems Hold Class A | 0.06% | 150,000 | $5.2M | New |
| TMO Thermo Fisher Scientific Inc. | 0.06% | 10,317 | $5.1M | Reduce -44.5% |
| FLUT Flutter Entertainment PLC-Di | 0.06% | 22,283 | $4.9M | New |
| HES Hess Corp. | 0.06% | 30,339 | $4.8M | Reduce -35.4% |
| BL Blackline Inc. | 0.06% | 100,000 | $4.8M | New |
| EG Everest Group Ltd. | 0.06% | 13,316 | $4.8M | Add +601.6% |
| RS Reliance Inc. | 0.06% | 16,680 | $4.8M | New |
| ARES Ares Management Corp. Class A | 0.05% | 32,500 | $4.8M | New |
| KBE SS SPDR S&P Bank ETF | 0.05% | 88,727 | $4.7M | Add +3.3% |
| CMRX Chimerix Inc. | 0.05% | 551,384 | $4.7M | New |
| HDB HDFC Bank Ltd.-ADR | 0.05% | 69,393 | $4.6M | Reduce -48.0% |
| C Citigroup Inc. | 0.05% | 64,339 | $4.6M | Add +757.6% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.05% | 63,780 | $4.5M | Reduce -10.0% |
| GM General Motors Co. | 0.05% | 95,274 | $4.5M | Add +1118.7% |
| SMH Vaneck Semiconductor ETF | 0.05% | 20,776 | $4.4M | New |
| OXY Occidental Petroleum Corp. | 0.05% | 88,480 | $4.4M | Reduce -45.2% |
| COIN Coinbase Global Inc. Class A | 0.05% | 25,000 | $4.3M | New |
| CAT Caterpillar Inc. | 0.05% | 12,877 | $4.2M | Add +2908.6% |
| NVR NVR Inc. | 0.05% | 579 | $4.2M | Add +1.2% |
| ETN Eaton Corp. PLC | 0.05% | 15,155 | $4.1M | Add +645.5% |
| TEL Te Connectivity PLC | 0.05% | 28,928 | $4.1M | Reduce -17.6% |
| ISRG Intuitive Surgical Inc. | 0.05% | 8,222 | $4.1M | Add +51.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.05% | 16,339 | $4.1M | Reduce -44.2% |
| XLK SS Technology Select Sector | 0.05% | 19,549 | $4.0M | Reduce -78.4% |
| IT Gartner Inc. | 0.05% | 9,510 | $4.0M | Add +7.1% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.05% | 75,601 | $4.0M | New |
| XLV SS Health Care Select Sector | 0.04% | 26,002 | $3.8M | Add +65.0% |
| DHR Danaher Corp. | 0.04% | 18,322 | $3.8M | Add +23.0% |
| PFE Pfizer Inc. | 0.04% | 145,977 | $3.7M | Reduce -65.1% |
| ZTR Virtus Total Return Fund Inc. | 0.04% | 590,007 | $3.5M | Reduce -30.5% |
| TXN Texas Instruments Inc. | 0.04% | 19,531 | $3.5M | Reduce -57.8% |
| DELL Dell Technologies -C | 0.04% | 38,444 | $3.5M | Add +205.8% |
| PEP Pepsico Inc. | 0.04% | 23,358 | $3.5M | Reduce -84.9% |
| EOG EOG Resources Inc. | 0.04% | 27,163 | $3.5M | Add +33.2% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.04% | 52,445 | $3.5M | Add +6.5% |
| ANET Arista Networks Inc. | 0.04% | 43,459 | $3.4M | Add +6435.2% |
| HAL Halliburton Co. | 0.04% | 132,461 | $3.4M | Reduce -14.3% |
| MDLZ Mondelez International Inc. Class A | 0.04% | 49,262 | $3.3M | Reduce -77.8% |
| UAL United Airlines Holdings Inc. | 0.04% | 47,836 | $3.3M | Add +639.6% |
| WFC Wells Fargo & Co. | 0.04% | 45,584 | $3.3M | Add +12.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.04% | 29,601 | $3.2M | Reduce -76.3% |
| CMG Chipotle Mexican Grill Inc. | 0.04% | 63,304 | $3.2M | Add +74.5% |
| CEG Constellation Energy | 0.04% | 15,721 | $3.2M | Add +179.8% |
| WIW Western Asst Infl-LNK Opp | 0.04% | 356,674 | $3.1M | Add +16.8% |
| KHC The Kraft Heinz Co. | 0.04% | 102,727 | $3.1M | Add +15.8% |
| AXP American Express Co. | 0.03% | 11,182 | $3.0M | Add +57.1% |
| MCHP Microchip Technology Inc. | 0.03% | 62,126 | $3.0M | Add +11.9% |
| BAM Brookfield Asset Mgmt-A | 0.03% | 61,530 | $3.0M | New |
| RDUS Radius Recycling Inc. Class A | 0.03% | 100,000 | $2.9M | New |
| EBAY eBay Inc. | 0.03% | 42,413 | $2.9M | Reduce -16.5% |
| FCX Freeport-McMoran Inc. | 0.03% | 73,020 | $2.8M | Reduce -21.6% |
| GLO Clough Global Opportunities | 0.03% | 560,671 | $2.7M | Add +16.6% |
| ITW Illinois Tool Works | 0.03% | 10,709 | $2.7M | Add +63.9% |
| IBN Icici Bank Ltd.-Spon ADR | 0.03% | 83,749 | $2.6M | Reduce -57.5% |
| RNST Renasant Corp. | 0.03% | 77,500 | $2.6M | New |
| APD Air Products & Chemicals Inc. | 0.03% | 8,912 | $2.6M | Add +366.1% |
| CMCSA Comcast Corp. Class A | 0.03% | 70,608 | $2.6M | Reduce -85.6% |
| MKSI MKS Inc. filed as MKS INSTRS INC | 0.03% | 32,500 | $2.6M | No change |
| VAL Valaris Ltd. | 0.03% | 66,254 | $2.6M | Reduce -0.3% |
| PEO Adams Natural Resources Fund | 0.03% | 113,761 | $2.6M | No change |
| PYPL PayPal Holdings Inc. | 0.03% | 38,541 | $2.5M | Add +22050.0% |
| COF Capital One Financial Corp. | 0.03% | 13,974 | $2.5M | New |
| DXCM Dexcom Inc. | 0.03% | 36,614 | $2.5M | Reduce -32.5% |
| ABT Abbott Laboratories | 0.03% | 18,766 | $2.5M | Reduce -22.3% |
| NEE Nextera Energy Inc. | 0.03% | 35,089 | $2.5M | Add +1.1% |
| FDX FedEx Corp. | 0.03% | 10,083 | $2.5M | Add +797.9% |
| PTEN Patterson-Uti Energy Inc. | 0.03% | 297,592 | $2.4M | No change |
| NOW ServiceNow Inc. | 0.03% | 3,050 | $2.4M | New |
| EOD Allspring Global Dividend Op | 0.03% | 489,310 | $2.4M | Add +5.4% |
| ADI Analog Devices Inc. | 0.03% | 11,858 | $2.4M | Add +304.0% |
| XLC SS Comm Select Sector SPDR | 0.03% | 24,667 | $2.4M | Reduce -41.2% |
| LEO BNY Mellon Strategic Muni | 0.03% | 379,865 | $2.3M | Add +32.1% |
| MAR Marriott International Class A | 0.03% | 9,134 | $2.2M | Add +9034.0% |
| ON On Semiconductor | 0.03% | 53,353 | $2.2M | Reduce -32.8% |
| SNOW Snowflake Inc. | 0.02% | 14,537 | $2.1M | Add +1910.7% |
| LMT Lockheed Martin Corp. | 0.02% | 4,708 | $2.1M | Add +154.5% |
| DAL Delta Air Lines Inc. | 0.02% | 47,290 | $2.1M | New |
| HPQ HP Inc. | 0.02% | 74,112 | $2.1M | Add +78.7% |
| GS Goldman Sachs Group Inc. | 0.02% | 3,719 | $2.0M | Add +34.8% |
| MNST Monster Beverage Corp. | 0.02% | 34,687 | $2.0M | Reduce -20.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.02% | 16,441 | $2.0M | Reduce -24.9% |
| PLD Prologis Inc. | 0.02% | 17,439 | $1.9M | Reduce -61.6% |
| PCG P G & E Corp. | 0.02% | 112,642 | $1.9M | Add +432.5% |
| STEW SRH Total Return Fund Inc. | 0.02% | 111,819 | $1.9M | Add +2.0% |
| PINS Pinterest Inc. Class A | 0.02% | 59,695 | $1.9M | Add +2396.7% |
| ASML ASML Holding NV-NY Reg SHS | 0.02% | 2,752 | $1.8M | Reduce -69.0% |
| GAM General American Investors | 0.02% | 35,841 | $1.8M | No change |
| HON Honeywell International Inc. | 0.02% | 8,474 | $1.8M | Add +119.7% |
| WSM Williams-Sonoma Inc. | 0.02% | 11,297 | $1.8M | New |
| ADSK Autodesk Inc. | 0.02% | 6,744 | $1.8M | Add +8025.3% |
| CDNS Cadence Design SYS Inc. | 0.02% | 6,930 | $1.8M | New |
| APO Apollo Global Management Inc. | 0.02% | 12,587 | $1.7M | Add +26.4% |
| CORZ Core Scientific Inc. | 0.02% | 235,000 | $1.7M | Add +571.4% |
| OIH Vaneck Oil Services ETF | 0.02% | 6,359 | $1.7M | Add +22.4% |
| PNC PNC Financial Services Group | 0.02% | 9,282 | $1.6M | Add +3275.3% |
| NFLX Netflix Inc. | 0.02% | 1,744 | $1.6M | Reduce -50.4% |
| STZ Constellation Brands Inc. Class A | 0.02% | 8,845 | $1.6M | Reduce -34.2% |
| BTX BlackRock Tech & Priv Eqty | 0.02% | 258,502 | $1.6M | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.02% | 3,717 | $1.6M | No change |
| UBER Uber Technologies Inc. | 0.02% | 21,092 | $1.5M | Reduce -91.8% |
| DDOG Datadog Inc. Class A | 0.02% | 15,273 | $1.5M | Add +3747.1% |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | 0.02% | 17,207 | $1.5M | New |
| DHI D.R. Horton Inc. | 0.02% | 11,498 | $1.5M | Add +24.3% |
| ABNB Airbnb Inc. Class A | 0.02% | 12,119 | $1.4M | Reduce -74.6% |
| DLR Digital Realty Trust Inc. | 0.02% | 10,026 | $1.4M | Add +43.1% |
| HLT Hilton Worldwide Holdings Inc. | 0.02% | 6,217 | $1.4M | Add +19954.8% |
| HPE Hewlett Packard Enterprise | 0.02% | 88,395 | $1.4M | Add +249.7% |
| ROST Ross Stores Inc. | 0.02% | 10,513 | $1.3M | Add +577.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.01% | 3,684 | $1.3M | Reduce -8.9% |
| A Agilent Technologies Inc. | 0.01% | 10,984 | $1.3M | Add +368.6% |
| CDZI Cadiz Inc. | 0.01% | 437,038 | $1.3M | No change |
| COP Conocophillips | 0.01% | 12,130 | $1.3M | Reduce -73.3% |
| SRPT Sarepta Therapeutics Inc. | 0.01% | 19,850 | $1.3M | New |
| IWN iShares Russell 2000 Value E | 0.01% | 8,360 | $1.3M | Reduce -15.2% |
| MPC Marathon Petroleum Corp. | 0.01% | 8,655 | $1.3M | Reduce -73.2% |
| PG The Procter & Gamble Co. | 0.01% | 7,206 | $1.2M | Reduce -82.2% |
| LNG Cheniere Energy Inc. | 0.01% | 5,299 | $1.2M | New |
| MRNA Moderna Inc. | 0.01% | 42,073 | $1.2M | Reduce -17.7% |
| PCAR Paccar Inc. | 0.01% | 12,249 | $1.2M | Add +63.1% |
| CPB The Campbell's Company | 0.01% | 29,631 | $1.2M | Reduce -9.4% |
| NXPI NXP Semiconductors NV | 0.01% | 6,206 | $1.2M | Reduce -76.0% |
| NET Cloudflare Inc. Class A | 0.01% | 10,306 | $1.2M | Add +136.8% |
| BABA Alibaba Group Holding-SP ADR | 0.01% | 8,757 | $1.2M | Reduce -69.5% |
| PANW Palo Alto Networks Inc. | 0.01% | 6,657 | $1.1M | Reduce -59.3% |
| ZTS Zoetis Inc. | 0.01% | 6,836 | $1.1M | Reduce -75.1% |
| WBD Warner Bros Discovery Inc. | 0.01% | 103,571 | $1.1M | Reduce -48.6% |
| VRT Vertiv Holdings Co. Class A | 0.01% | 15,384 | $1.1M | New |
| XLB SS Materials Select Sector | 0.01% | 12,912 | $1.1M | New |
| XAODX Abrdn Total Dynamic Dividend | 0.01% | 132,266 | $1.1M | No change |
| VLO Valero Energy Corp. | 0.01% | 8,271 | $1.1M | Reduce -71.5% |
| DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD | 0.01% | 187,555 | $1.1M | Add +25.4% |
| ABBV Abbvie Inc. | 0.01% | 5,057 | $1.1M | Reduce -80.1% |
| GWRE Guidewire Software Inc. | 0.01% | 5,448 | $1.0M | New |
| FISV Fiserv Inc. | 0.01% | 4,614 | $1.0M | Add +2492.1% |
| GRX Gabelli Healthcare & Well | 0.01% | 99,441 | $1.0M | No change |
| PRU Prudential Financial Inc. | 0.01% | 8,848 | $988K | Reduce -35.8% |
| CZR Caesars Entertainment Inc. | 0.01% | 39,010 | $975K | Reduce -5.0% |
| BIIB Biogen Inc. | 0.01% | 7,067 | $967K | Reduce -72.9% |
| EMO Clearbridge Energy Midstream | 0.01% | 19,073 | $946K | No change |
| LULU Lululemon Athletica Inc. | 0.01% | 3,286 | $930K | Add +8.7% |
| FANG Diamondback Energy Inc. | 0.01% | 5,798 | $927K | Reduce -61.6% |
| XOM Exxon Mobil Corp. | 0.01% | 7,730 | $919K | Reduce -95.2% |
| CCL Carnival Corp. | 0.01% | 46,718 | $912K | Add +2433.5% |
| SPGI S&P Global Inc. | 0.01% | 1,774 | $901K | Reduce -24.6% |
| WDAY Workday Inc. Class A | 0.01% | 3,838 | $896K | Reduce -78.1% |
| BRKR Bruker Corp. | 0.01% | 21,300 | $889K | New |
| EW Edwards Lifesciences Corp. | 0.01% | 11,977 | $868K | Reduce -40.7% |
| AAL American Airlines Group Inc. | 0.01% | 80,150 | $846K | Add +588.9% |
| APA Apa Corp. | 0.01% | 40,190 | $845K | Add +45.7% |
| GPN Global Payments Inc. | 0.01% | 8,502 | $833K | Reduce -15.1% |
| GGZ Gabelli Global Small & M | 0.01% | 69,157 | $830K | Add +16.9% |
| NSC Norfolk Southern Corp. | 0.01% | 3,501 | $829K | Reduce -49.2% |
| NUE Nucor Corp. | 0.01% | 6,787 | $817K | Reduce -81.5% |
| DVN Devon Energy Corp. | 0.01% | 21,766 | $814K | Reduce -63.9% |
| FTNT Fortinet Inc. | 0.01% | 8,435 | $812K | New |
| ADM Archer-Daniels-Midland Co. | 0.01% | 16,768 | $805K | Reduce -40.3% |
| VST Vistra Corp. | 0.01% | 6,734 | $791K | Add +55.6% |
| GLD SPDR Gold Shares | 0.01% | 2,723 | $785K | New |
| XPRO Expro Group Holdings NV | 0.01% | 78,885 | $784K | Add +159.4% |
| CVX Chevron Corp. | 0.01% | 4,681 | $783K | Reduce -96.9% |
| NTLA Intellia Therapeutics Inc. | 0.01% | 108,665 | $773K | No change |
| CSX CSX Corp. | 0.01% | 25,889 | $762K | Reduce -43.1% |
| VCYT Veracyte Inc. | 0.01% | 25,600 | $759K | New |
| AKAM Akamai Technologies Inc. | 0.01% | 9,397 | $756K | Reduce -19.3% |
| LVS Las Vegas Sands Corp. | 0.01% | 19,491 | $753K | Add +601.1% |
| GEHC GE Healthcare Technology | 0.01% | 9,272 | $748K | Reduce -37.4% |
| BMEZ BlackRock HLTH Sci TRM TR II | 0.01% | 50,000 | $745K | No change |
| ECF Ellsworth Growth and Income | 0.01% | 81,490 | $740K | Add +2.1% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.01% | 9,458 | $734K | Add +26.0% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.01% | 8,524 | $733K | Add +213.5% |
| IR Ingersoll-Rand Inc. | 0.01% | 9,149 | $732K | Reduce -30.7% |
| ILMN Illumina Inc. | 0.01% | 9,103 | $722K | Add +28.0% |
| PPG PPG Industries Inc. | 0.01% | 6,566 | $718K | Reduce -73.0% |
| ALGN Align Technology Inc. | 0.01% | 4,511 | $717K | Reduce -39.9% |
| BRO Brown & Brown Inc. | 0.01% | 5,750 | $715K | Reduce -2.2% |
| CTAS Cintas Corp. | 0.01% | 3,469 | $713K | Reduce -68.8% |
| CSCO Cisco Systems Inc. | 0.01% | 11,471 | $708K | Add +13.6% |
| SNA Snap-on Inc. | 0.01% | 2,077 | $700K | Add +169.0% |
| BILL Bill Holdings Inc. | 0.01% | 15,237 | $699K | New |
| SWKS Skyworks Solutions Inc. | 0.01% | 10,787 | $697K | Reduce -27.5% |
| VGT Vanguard Info Tech ETF | 0.01% | 1,272 | $690K | New |
| CNC Centene Corp. | 0.01% | 11,101 | $674K | Reduce -87.3% |
| FIS Fidelity National Info Serv | 0.01% | 8,931 | $667K | Add +30.8% |
| XPCKX PIMCO California Municipa II | 0.01% | 112,094 | $632K | Add +60.0% |
| ODFL Old Dominion Freight Line | 0.01% | 3,717 | $615K | Reduce -84.2% |
| ELV Elevance Health Inc. | 0.01% | 1,410 | $613K | Reduce -93.2% |
| PSX Phillips 66 | 0.01% | 4,942 | $610K | Reduce -81.3% |
| BKLN Invesco Senior Loan ETF | 0.01% | 29,030 | $601K | No change |
| NCLH Norwegian Cruise Line Holdin | 0.01% | 31,428 | $596K | Add +3290.3% |
| CTSH Cognizant Tech Solutions-A | 0.01% | 7,666 | $586K | New |
| WDC Western Digital Corp. | 0.01% | 14,427 | $583K | Add +607.5% |
| LYB Lyondellbasell Indu Class A | 0.01% | 8,229 | $579K | Reduce -69.0% |
| SNPS Synopsys Inc. | 0.01% | 1,335 | $573K | Reduce -91.0% |
| XLRE SS Real Estate Select Sector | 0.01% | 13,658 | $572K | Reduce -11.7% |
| KO The Coca-Cola Co. | 0.01% | 7,953 | $570K | Reduce -86.4% |
| AER Aercap Holdings NV | 0.01% | 5,500 | $562K | New |
| DG Dollar General Corp. | 0.01% | 6,200 | $545K | Reduce -85.9% |
| MDT Medtronic PLC | 0.01% | 6,065 | $545K | Reduce -89.1% |
| CSGP Costar Group Inc. | 0.01% | 6,801 | $539K | Reduce -85.2% |
| ENPH Enphase Energy Inc. | 0.01% | 8,576 | $532K | Reduce -58.4% |
| EA Electronic Arts Inc. | 0.01% | 3,669 | $530K | Add +182.2% |
| SYF Synchrony Financial | 0.01% | 10,002 | $530K | Add +1816.1% |
| CVS CVS Health Corp. | 0.01% | 7,800 | $528K | Reduce -94.7% |
| SPG Simon Property Group Inc. | 0.01% | 3,179 | $528K | New |
| DLTR Dollar Tree Inc. | 0.01% | 7,021 | $527K | Reduce -30.0% |
| CL Colgate-Palmolive Co. | 0.01% | 5,551 | $520K | Add +91.3% |
| AFRM Affirm Holdings Inc. | 0.01% | 11,378 | $514K | Add +103.9% |
| NTAP Netapp Inc. | 0.01% | 5,850 | $514K | Add +4201.5% |
| TER Teradyne Inc. | 0.01% | 6,198 | $512K | Add +111.3% |
| IMCR Immunocore Holdings PLC-ADR | 0.01% | 17,200 | $510K | No change |
| VIK Viking Holdings Ltd. | 0.01% | 12,672 | $504K | New |
| NVST Envista Holdings Corp. | 0.01% | 29,152 | $503K | Reduce -48.1% |
| APTV Aptiv PLC | 0.01% | 8,258 | $491K | Reduce -64.3% |
| CARR Carrier Global Corp. | 0.01% | 7,606 | $482K | New |
| RTX RTX Corp. | 0.01% | 3,597 | $476K | New |
| BG Bunge Global SA | 0.01% | 6,210 | $475K | Reduce -58.3% |
| AMGN Amgen Inc. | 0.01% | 1,512 | $471K | Reduce -97.0% |
| MTCH Match Group Inc. | 0.01% | 14,743 | $460K | Reduce -63.7% |
| PWR Quanta Services Inc. | 0.01% | 1,781 | $453K | New |
| SHOP Shopify Inc. Class A | 0.01% | 4,733 | $452K | Add +70.4% |
| VEA Vanguard Ftse Developed ETF | 0.01% | 8,889 | $452K | New |
| KMI Kinder Morgan Inc. | 0.01% | 15,800 | $451K | Reduce -54.9% |
| MGM MGM Resorts International | 0.01% | 14,885 | $441K | Reduce -48.7% |
| VWO Vanguard Ftse Emerging Marke | 0.01% | 9,715 | $440K | New |
| EFA iShares MSCI Eafe ETF | 0.01% | 5,340 | $436K | Add +533900.0% |
| GEV GE Vernova Inc. | 0.01% | 1,424 | $435K | New |
| DD Dupont DE Nemours Inc. | 0.00% | 5,744 | $429K | Add +12.1% |
| XBI SS SPDR S&P Biotech ETF | 0.00% | 5,284 | $429K | Reduce -59.0% |
| TCOM Trip.com Group Ltd.-ADR | 0.00% | 6,602 | $420K | Add +1.6% |
| BBT Beacon Financial Corp. filed as BERKSHIRE HILLS BANCORP INC | 0.00% | 16,023 | $418K | New |
| BBY Best Buy Co. Inc. | 0.00% | 5,667 | $417K | Reduce -3.1% |
| OKE Oneok Inc. | 0.00% | 4,099 | $407K | New |
| NNE Nano Nuclear Energy Inc. | 0.00% | 15,359 | $406K | New |
| APH Amphenol Corp. Class A | 0.00% | 6,183 | $406K | Reduce -78.8% |
| IOT Samsara Inc. Class A | 0.00% | 10,238 | $392K | New |
| OKLO Oklo Inc. | 0.00% | 18,020 | $390K | New |
| DMA Destra Multi-Alternative | 0.00% | 45,894 | $389K | New |
| ALB Albemarle Corp. | 0.00% | 5,326 | $384K | Reduce -45.1% |
| NLY Annaly Capital Management Inc. | 0.00% | 18,752 | $381K | New |
| BNTX Biontech SE-ADR | 0.00% | 4,050 | $369K | Add +46.4% |
| TT Trane Technologies PLC | 0.00% | 1,083 | $365K | Reduce -88.2% |
| PHM Pultegroup Inc. | 0.00% | 3,496 | $359K | Reduce -24.1% |
| GIS General Mills Inc. | 0.00% | 5,969 | $357K | Reduce -69.4% |
| NDAQ Nasdaq Inc. | 0.00% | 4,703 | $357K | Add +138.6% |
| WERN Werner Enterprises Inc. | 0.00% | 12,015 | $352K | New |
| NBIX Neurocrine Biosciences Inc. | 0.00% | 3,151 | $349K | New |
| MOS The Mosaic Co. | 0.00% | 12,814 | $346K | Reduce -74.2% |
| ECPG Encore Capital Group Inc. | 0.00% | 9,865 | $338K | New |
| HOUS Anywhere Real Estate Inc. | 0.00% | 100,054 | $333K | Add +40.0% |
| GMAB Genmab A/S -SP ADR | 0.00% | 16,900 | $331K | New |
| AIG American International Group | 0.00% | 3,777 | $328K | Reduce -13.1% |
| USB US Bancorp | 0.00% | 7,285 | $308K | Reduce -55.9% |
| MO Altria Group Inc. | 0.00% | 5,080 | $305K | Reduce -86.1% |
| CI The Cigna Group | 0.00% | 886 | $291K | Reduce -94.7% |
| HSY The Hershey Co. | 0.00% | 1,680 | $287K | Reduce -88.0% |
| SRE Sempra | 0.00% | 4,020 | $287K | Reduce -67.5% |
| JCI Johnson Controls Internation | 0.00% | 3,576 | $286K | Reduce -53.3% |
| TDW Tidewater Inc. | 0.00% | 6,694 | $283K | Reduce -0.9% |
| XWIAX Western Asset Infl-Link Sec | 0.00% | 33,548 | $280K | No change |
| SYK Stryker Corp. | 0.00% | 749 | $279K | Reduce -88.2% |
| PDD PDD Holdings Inc. | 0.00% | 2,355 | $279K | Reduce -96.0% |
| STX Seagate Technology Holdings | 0.00% | 3,245 | $276K | Reduce -61.0% |
| FMC FMC Corp. | 0.00% | 6,533 | $276K | Reduce -44.5% |
| TFC Truist Financial Corp. | 0.00% | 6,532 | $269K | Add +13.4% |
| CVNA Carvana Co. | 0.00% | 1,266 | $265K | Add +539.4% |
| HSIC Henry Schein Inc. | 0.00% | 3,713 | $254K | Add +56.1% |
| SMCI Super Micro Computer Inc. | 0.00% | 7,298 | $250K | Reduce -55.4% |
| BALL Ball Corp. | 0.00% | 4,746 | $247K | Reduce -72.5% |
| CB Chubb Ltd. | 0.00% | 791 | $239K | Reduce -64.3% |
| VMC Vulcan Materials Co. | 0.00% | 1,023 | $239K | Reduce -69.3% |
| RJF Raymond James Financial Inc. | 0.00% | 1,694 | $235K | Reduce -62.9% |
| MKTX Marketaxess Holdings Inc. | 0.00% | 1,077 | $233K | Add +59.6% |
| KDP Keurig Dr Pepper Inc. | 0.00% | 6,794 | $232K | Reduce -85.4% |
| DECK Deckers Outdoor Corp. | 0.00% | 2,078 | $232K | Reduce -23.2% |
| EQT Eqt Corp. | 0.00% | 4,338 | $232K | New |
| INCY Incyte Corp. | 0.00% | 3,786 | $229K | Add +24.3% |
| WYNN WYNN Resorts Ltd. | 0.00% | 2,737 | $229K | Reduce -62.2% |
| UTHR United Therapeutics Corp. | 0.00% | 736 | $227K | New |
| PNR Pentair PLC | 0.00% | 2,564 | $224K | Reduce -52.8% |
| HBAN Huntington Bancshares Inc. | 0.00% | 14,740 | $221K | Reduce -62.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.00% | 412 | $219K | Reduce -99.1% |
| COR Cencora Inc. | 0.00% | 782 | $217K | Reduce -47.9% |
| IP International Paper Co. | 0.00% | 4,072 | $217K | Reduce -34.8% |
| TLN Talen Energy Corp. | 0.00% | 1,084 | $216K | New |
| SNDK Sandisk Corp. | 0.00% | 4,494 | $214K | Add +561.9% |
| KEY Keycorp | 0.00% | 13,232 | $212K | Reduce -55.0% |
| CCI Crown Castle Inc. | 0.00% | 2,003 | $209K | Reduce -94.9% |
| FSLR First Solar Inc. | 0.00% | 1,633 | $206K | Reduce -52.6% |
| HCA HCA Healthcare Inc. | 0.00% | 595 | $206K | Reduce -86.6% |
| FITB Fifth Third Bancorp | 0.00% | 5,239 | $205K | Reduce -77.2% |
| EMR Emerson Electric Co. | 0.00% | 1,859 | $204K | Add +4031.1% |
| CRNC Cerence Inc. | 0.00% | 25,787 | $204K | Reduce -22.2% |
| KNX Knight-Swift Transportation | 0.00% | 4,616 | $201K | Reduce -97.6% |
| VTRS Viatris Inc. | 0.00% | 21,536 | $188K | Reduce -60.8% |
| WBA Walgreens Boots Alliance Inc. | 0.00% | 15,965 | $178K | Reduce -64.8% |
| CRDF Cardiff Oncology Inc. | 0.00% | 51,190 | $161K | No change |
| CLOV Clover Health Investments Co. | 0.00% | 42,897 | $154K | New |
| WOLF Wolfspeed Inc. | 0.00% | 33,800 | $103K | Add +9697.1% |
| GSM Ferroglobe PLC | 0.00% | 25,270 | $94K | New |
| EOSE Eos Energy Enterprises Inc. | 0.00% | 24,187 | $91K | New |
| NESR National Energy Services Reu | 0.00% | 11,764 | $87K | New |
| RCAT Red Cat Holdings Inc. | 0.00% | 13,167 | $77K | New |
| ALMS Alumis Inc. | 0.00% | 11,630 | $71K | New |
| BFLY Butterfly Network Inc. | 0.00% | 30,666 | $70K | New |
| GEVO Gevo Inc. | 0.00% | 51,974 | $60K | New |
| IRWD Ironwood Pharmaceuticals Inc. | 0.00% | 40,000 | $59K | New |
| EBS Emergent Biosolutions Inc. | 0.00% | 11,840 | $58K | New |
| AMLX Amylyx Pharmaceuticals Inc. | 0.00% | 16,150 | $57K | New |
| ATYR Atyr Pharma Inc. | 0.00% | 18,420 | $56K | New |
| OPEN Opendoor Technologies Inc. | 0.00% | 50,000 | $51K | No change |
| MVST Microvast Holdings Inc. | 0.00% | 40,236 | $47K | New |
| CIA Citizens Inc. | 0.00% | 10,184 | $46K | New |
| ELDN Eledon Pharmaceuticals Inc. | 0.00% | 13,613 | $46K | New |
| UAMY United States Antimony Corp. | 0.00% | 18,858 | $41K | New |
| CRVS Corvus Pharmaceuticals Inc. | 0.00% | 12,644 | $40K | New |
| PLX Protalix Biotherapeutics Inc. | 0.00% | 15,336 | $39K | New |
| ACRS Aclaris Therapeutics Inc. | 0.00% | 23,564 | $36K | New |
| EXFY Expensify Inc. Class A | 0.00% | 11,632 | $35K | New |
| BRBS Blue Ridge Bankshares Inc. | 0.00% | 10,478 | $34K | New |
| RZLT Rezolute Inc. | 0.00% | 11,318 | $33K | New |
| KOPN Kopin Corp. | 0.00% | 33,867 | $32K | New |
| SGMOQ Sangamo Therapeutics Inc. | 0.00% | 45,347 | $30K | New |
| VUZI Vuzix Corp. | 0.00% | 13,879 | $28K | New |
| DOUG Douglas Elliman Inc. | 0.00% | 16,353 | $28K | New |
| KULR Kulr Technology Group Inc. | 0.00% | 19,868 | $26K | New |
| IKT Inhibikase Therapeutics Inc. | 0.00% | 11,067 | $24K | New |
| ALTO Alto Ingredients Inc. | 0.00% | 16,596 | $19K | New |
| ORIGIN MATERIALS INC | 0.00% | 26,432 | $18K | New |
| ONDS Ondas Inc. filed as ONDAS HLDGS INC | 0.00% | 14,510 | $16K | New |
| PLBY Playboy Inc. filed as PLBY GROUP INC | 0.00% | 11,533 | $13K | New |
| BDSX Biodesix Inc. | 0.00% | 15,437 | $10K | New |
| BW Babcock & Wilcox Enterpr | 0.00% | 13,841 | $9K | New |
Options reported separately and not counted above: SPY puts ($8.6B), AMZN puts ($1.4B), NVDA puts ($1.4B), TSLA puts ($1.4B), MSFT puts ($1.0B), QQQ puts ($923.9M), QQQ calls ($771.5M), AAPL puts ($628.2M), GOOGL puts ($613.8M), GLD calls ($560.2M), SPY calls ($559.4M), IWM puts ($538.2M), and 770 more.
Other holdings (94): bonds, preferreds, convertibles and warrants · $2.2B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NOVA LTD (NVMI 0 10/15/25) | NOTE 10/1 · principal | 50,702,000 | $124.9M | Reduce -12.8% |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | 31,584,000 | $100.0M | Add +34.4% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 71,500,000 | $95.0M | No change |
| VARONIS SYSTEM INC (VRNS 1.25 08/15/25) | NOTE 1.250% 8/1 · principal | 61,779,000 | $82.4M | No change |
| INNOVIVA INC (INVA 2.5 08/15/25) | NOTE 2.500% 8/1 · principal | 60,630,000 | $66.8M | Add +1.0% |
| NEOGENOMICS INC (NEO 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 65,777,000 | $65.6M | No change |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 67,681,000 | $64.8M | Add +61.1% |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | 63,621,000 | $63.1M | No change |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 26,531,000 | $63.0M | Add +130.1% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 61,426,000 | $61.8M | Reduce -21.2% |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 22,532,000 | $60.6M | Add +8.4% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 46,141,000 | $53.0M | Add +137.6% |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 50,950,000 | $50.1M | No change |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | 20,104,000 | $49.5M | No change |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 52,590,000 | $49.1M | Add +1045.8% |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 42,000,000 | $47.2M | Reduce -10.6% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 45,110,000 | $44.1M | Add +7.1% |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | 17,607,000 | $42.9M | Add +6.0% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 42,867,000 | $42.8M | Reduce -25.3% |
| XERIS BIOPHARMA HOLDINGS (XERS 8 07/15/28) | NOTE 8.000% 7/1 · principal | 20,900,000 | $39.9M | New |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 39,533,000 | $38.6M | No change |
| ENCORE CAPITAL GROUP INC (ECPG 3.25 10/01/25) | NOTE 3.250%10/0 · principal | 36,489,000 | $38.0M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 36,000,000 | $34.4M | Add +148.3% |
| CYTOKINETICS INC (CYTK 4 11/15/26) | NOTE 4.000%11/1 · principal | 8,631,000 | $32.9M | No change |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | 18,533,000 | $32.4M | Reduce -23.7% |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | 32,357,000 | $32.1M | No change |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 33,275,000 | $31.9M | New |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 26,000,000 | $31.1M | Add +73.3% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 28,000,000 | $30.0M | No change |
| HCI GROUP INC (HCI 4.75 06/01/42) | NOTE 4.750% 6/0 · principal | 12,600,000 | $23.5M | No change |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 21,000,000 | $22.5M | Reduce -22.2% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 23,950,000 | $22.0M | Add +472.7% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 16,992,000 | $20.8M | Add +100.1% |
| VAREX IMAGING CORPORATIO (VREX 4 06/01/25) | NOTE 4.000% 6/0 · principal | 20,000,000 | $20.0M | No change |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 14,000,000 | $19.5M | New |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 20,104,000 | $19.3M | Add +164.4% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 15,000,000 | $19.3M | No change |
| IMAX CORP (IMAX 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 16,107,000 | $17.9M | No change |
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | 17,500,000 | $17.5M | No change |
| OMNICELL INC (OMCL 0.25 09/15/25) | NOTE 0.250% 9/1 · principal | 16,853,000 | $16.5M | No change |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 16,925,000 | $16.3M | No change |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 6,000,000 | $15.4M | No change |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 16,752,000 | $15.2M | No change |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 14,500,000 | $14.7M | No change |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 12,000,000 | $14.1M | No change |
| NATIONAL VISION HOLDINGS (EYE 2.5 05/15/25) | NOTE 2.500% 5/1 · principal | 14,022,000 | $14.0M | Reduce -26.3% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 12,500,000 | $13.9M | No change |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 12,500,000 | $13.6M | No change |
| RAPID7 INC (RPD 2.25 05/01/25) | NOTE 2.250% 5/0 · principal | 12,850,000 | $12.8M | No change |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 13,500,000 | $12.4M | Add +68.8% |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | 12,180,000 | $11.5M | New |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 9,500,000 | $10.9M | New |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | 10,907,000 | $10.8M | No change |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 10,000,000 | $10.7M | No change |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 8,651,000 | $10.6M | New |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 10,000,000 | $9.2M | Reduce -31.1% |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | 9,116,000 | $8.9M | No change |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 9,500,000 | $8.9M | No change |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 7,500,000 | $8.7M | No change |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 4,651,000 | $8.0M | No change |
| NOVAVAX INC (NVAX 5 12/15/27) | NOTE 5.000%12/1 · principal | 8,700,000 | $8.0M | No change |
| MANNKIND CORP (MNKD 2.5 03/01/26) | NOTE 2.500% 3/0 · principal | 6,729,000 | $7.8M | Add +28.2% |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 7,500,000 | $7.3M | No change |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 5,000,000 | $7.1M | New |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 8,500,000 | $6.9M | Reduce -15.0% |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 7,200,000 | $6.4M | Reduce -51.0% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 6,500,000 | $6.1M | No change |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 5,500,000 | $5.9M | No change |
| DYNAVAX TECHNOLOGIES CORP | DEBT 2.000% 3/1 · principal | 5,000,000 | $5.0M | New |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | 8,793,000 | $5.0M | Reduce -2.3% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 7,000,000 | $4.9M | Reduce -20.0% |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 5,000,000 | $4.7M | New |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 5,000,000 | $4.5M | No change |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 3,500,000 | $4.2M | New |
| ACCURAY INC (ARAY 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 4,500,000 | $4.1M | No change |
| OMEROS CORP (OMER 5.25 02/15/26) | NOTE 5.250% 2/1 · principal | 4,410,000 | $4.1M | No change |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 3,801,000 | $3.8M | Add +8.6% |
| DISH NETWORK CORP (DISH 0 12/15/25) | NOTE 12/1 · principal | 3,540,000 | $3.2M | No change |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 3,708,000 | $3.2M | Reduce -35.0% |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | 9,510,000 | $3.2M | No change |
| ZYNEX INC (ZYXI 5 05/15/26) | NOTE 5.000% 5/1 · principal | 4,000,000 | $3.0M | No change |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 2,800,000 | $2.7M | New |
| APPLIED OPTOELECTRONICS (AAOI 5.25 12/15/26) | NOTE 5.250%12/1 · principal | 2,500,000 | $2.5M | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 2,550,000 | $2.4M | New |
| INFINERA CORP (INFN 2.5 03/01/27) | NOTE 2.500% 3/0 · principal | 2,000,000 | $2.4M | No change |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 10,000,000 | $2.3M | No change |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 8,000,000 | $2.0M | Reduce -20.0% |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | 2,000,000 | $2.0M | No change |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | 1,530,000 | $1.9M | No change |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 1,822,000 | $1.8M | No change |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 2,000,000 | $1.7M | Reduce -60.0% |
| VERITONE INC (VERI 1.75 11/15/26) | NOTE 1.750%11/1 · principal | 4,000,000 | $1.7M | No change |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 1,500,000 | $1.5M | New |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 1,500,000 | $1.3M | Reduce -50.0% |
Total filed on the 13F, all lines: $10.9B.
Portfolio Sells Q4 2024 → Q1 2025
| VOO Vanguard S&P 500 ETF | Reduce -91.1% | 1.22% | −14.61 |
| MSFT Microsoft Corp. | Reduce -33.6% | 10.66% | −9.16 |
| IVV iShares Core S&P 500 ETF | Reduce -50.5% | 6.18% | −8.22 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -43.0% | 2.68% | −2.73 |
| INTC Intel Corp. | Reduce -91.1% | 0.11% | −1.07 |
| ADBE Adobe Inc. | Reduce -54.4% | 0.18% | −0.33 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.31 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.28 |
| CVX Chevron Corp. | Reduce -96.9% | 0.01% | −0.27 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -99.1% | 0.00% | −0.27 |
| PEP Pepsico Inc. | Reduce -84.9% | 0.04% | −0.26 |
| XLK SS Technology Select Sector | Reduce -78.4% | 0.05% | −0.22 |
| UNH Unitedhealth Group Inc. | Reduce -70.8% | 0.08% | −0.22 |
| XOM Exxon Mobil Corp. | Reduce -95.2% | 0.01% | −0.21 |
| CMCSA Comcast Corp. Class A | Reduce -85.6% | 0.03% | −0.20 |
| UBER Uber Technologies Inc. | Reduce -91.8% | 0.02% | −0.18 |
| META Meta Platforms Inc. Class A | Reduce -43.8% | 0.18% | −0.17 |
| AMGN Amgen Inc. | Reduce -97.0% | 0.01% | −0.16 |
| NKE Nike Inc. Class B | Reduce -49.8% | 0.09% | −0.15 |
| BAC Bank of America Corp. | Reduce -46.3% | 0.12% | −0.14 |
| QCOM Qualcomm Inc. | Reduce -56.2% | 0.09% | −0.14 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -76.3% | 0.04% | −0.13 |
| LLY Eli Lilly & Co. | Reduce -51.6% | 0.12% | −0.13 |
| MDLZ Mondelez International Inc. Class A | Reduce -77.8% | 0.04% | −0.13 |
| KNX Knight-Swift Transportation | Reduce -97.6% | 0.00% | −0.13 |
| BA The Boeing Co. | Reduce -45.3% | 0.11% | −0.12 |
| MU Micron Technology Inc. | Reduce -36.3% | 0.18% | −0.12 |
| LIN Linde PLC | Sold out | 0.00% | −0.11 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -17.7% | 0.22% | −0.10 |
| PFE Pfizer Inc. | Reduce -65.1% | 0.04% | −0.10 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.10 |
| UPS United Parcel Service Class B | Reduce -33.5% | 0.10% | −0.09 |
| ELV Elevance Health Inc. | Reduce -93.2% | 0.01% | −0.09 |
| LRCX Lam Research Corp. | Reduce -51.5% | 0.07% | −0.09 |
| SNPS Synopsys Inc. | Reduce -91.0% | 0.01% | −0.08 |
| GRAL Grail Inc. | Sold out | 0.00% | −0.08 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.08 |
| CVS CVS Health Corp. | Reduce -94.7% | 0.01% | −0.08 |
| ATI Ati Inc. | Sold out | 0.00% | −0.08 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -82.2% | 0.01% | −0.07 |
| TXN Texas Instruments Inc. | Reduce -57.8% | 0.04% | −0.07 |
| PDD PDD Holdings Inc. | Reduce -96.0% | 0.00% | −0.07 |
| ECL Ecolab Inc. | Sold out | 0.00% | −0.07 |
| HUM Humana Inc. | Sold out | 0.00% | −0.07 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.07 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.06 |
| TMO Thermo Fisher Scientific Inc. | Reduce -44.5% | 0.06% | −0.06 |
| ABNB Airbnb Inc. Class A | Reduce -74.6% | 0.02% | −0.06 |
| SLB SLB Ltd. | Reduce -20.9% | 0.23% | −0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| TSLA Tesla Inc. | Add +6854.3% | 16.12% | +15.72 |
| NVDA Nvidia Corp. | Add +207.6% | 12.29% | +6.85 |
| GOOGL Alphabet Inc. Class A | Add +2897.3% | 6.05% | +5.78 |
| AAPL Apple Inc. | Add +374.9% | 3.83% | +2.83 |
| GOOG Alphabet Inc. Class C | Add +2395.6% | 2.34% | +2.22 |
| AMD Advanced Micro Devices | Add +334.7% | 1.74% | +1.22 |
| AVGO Broadcom Inc. | Add +1030.7% | 0.92% | +0.79 |
| FYBR Frontier Communications Pare | New | 0.61% | +0.61 |
| XLF SS Financial Select Sector | Add +13033.7% | 0.46% | +0.45 |
| CHX Championx Corp. | New | 0.34% | +0.34 |
| BX Blackstone Inc. | New | 0.30% | +0.30 |
| RACE Ferrari NV | New | 0.28% | +0.28 |
| PLYA Playa Hotels & Resorts NV | New | 0.28% | +0.28 |
| K Kellanova | Add +4984.8% | 0.28% | +0.28 |
| MTZ Mastec Inc. | New | 0.25% | +0.25 |
| PLTR Palantir Technologies Inc. Class A | Add +298.7% | 0.34% | +0.25 |
| WMT Walmart Inc. | Add +406.4% | 0.32% | +0.25 |
| LEN Lennar Corp. Class A | Add +1605.2% | 0.25% | +0.23 |
| RDDT Reddit Inc. Class A | Add +12623.9% | 0.23% | +0.23 |
| KKR KKR & Co. Inc. | Add +1685.9% | 0.24% | +0.22 |
| JPM JPMorgan Chase & Co. | Add +409.0% | 0.28% | +0.22 |
| DFS Discover Financial Services | Add +5499900.0% | 0.22% | +0.22 |
| SCHW Schwab (charles) Corp. | Add +309.8% | 0.28% | +0.21 |
| X United States Steel Corp. | New | 0.21% | +0.21 |
| EEM iShares MSCI Emerging Market | Add +113.3% | 0.40% | +0.21 |
| KEX Kirby Corp. | Add +204.5% | 0.32% | +0.20 |
| IPG Interpublic Group of Cos Inc. | Add +4539.2% | 0.20% | +0.20 |
| TSM Taiwan Semiconductor-SP ADR | Add +2518.2% | 0.21% | +0.20 |
| ACI Albertsons Cos Inc. Class A | New | 0.19% | +0.19 |
| USMV iShares MSCI USA Min Vol Fac | Add +107.6% | 0.38% | +0.19 |
| CME Cme Group Inc. | New | 0.18% | +0.18 |
| PM Philip Morris International | Add +1868.1% | 0.19% | +0.18 |
| DIS The Walt Disney Co. | Add +788.4% | 0.21% | +0.18 |
| DY Dycom Industries Inc. | New | 0.18% | +0.18 |
| LPX Louisiana-Pacific Corp. | New | 0.17% | +0.17 |
| COST Costco Wholesale Corp. | New | 0.15% | +0.15 |
| AZEK The Azek Co. Inc. | New | 0.15% | +0.15 |
| RSP Invesco S&P 500 Equal Weight | New | 0.15% | +0.15 |
| CC The Chemours Co. | New | 0.14% | +0.14 |
| MTH Meritage Homes Corp. | New | 0.13% | +0.13 |
| GB Global Blue Group Holding AG | New | 0.13% | +0.13 |
| CPRI Capri Holdings Ltd. | New | 0.12% | +0.12 |
| ANSS Ansys Inc. | Add +2405.4% | 0.13% | +0.12 |
| SJNK SS SPDR BB St Hi Yield ETF | New | 0.12% | +0.12 |
| VG Venture Global Inc. Class A | New | 0.12% | +0.12 |
| TS Tenaris SA-ADR | Add +95.1% | 0.25% | +0.11 |
| AAON Aaon Inc. | New | 0.11% | +0.11 |
| CRM Salesforce Inc. | Add +199.0% | 0.20% | +0.11 |
| AMCR Amcor PLC | Add +2851.3% | 0.11% | +0.11 |
| R Ryder System Inc. | Add +330.3% | 0.15% | +0.11 |
Options Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +107.4% | 15,318,600 | $8.6B |
| AMZN Amazon.com Inc. | put | Reduce -5.0% | 7,512,200 | $1.4B |
| NVDA Nvidia Corp. | put | Reduce -12.9% | 12,973,500 | $1.4B |
| TSLA Tesla Inc. | put | Add +226.6% | 5,232,900 | $1.4B |
| MSFT Microsoft Corp. | put | Reduce -50.6% | 2,788,500 | $1.0B |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -43.6% | 1,970,200 | $923.9M |
| QQQ Invesco QQQ Trust Series 1 | call | Add +25.0% | 1,645,200 | $771.5M |
| AAPL Apple Inc. | put | Reduce -42.4% | 2,828,000 | $628.2M |
| GOOGL Alphabet Inc. Class A | put | Add +55.7% | 3,968,900 | $613.8M |
| GLD SPDR Gold Shares | call | New | 1,944,100 | $560.2M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -13.8% | 1,000,000 | $559.4M |
| IWM iShares Russell 2000 ETF | put | Add +60.5% | 2,697,700 | $538.2M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +26.6% | 6,180,700 | $487.6M |
| EEM iShares MSCI Emerging Market | put | Add +9.6% | 6,527,700 | $285.3M |
| GOOG Alphabet Inc. Class C | put | Reduce -15.2% | 1,658,700 | $259.1M |
| BRK.B Berkshire Hathaway Inc. Class B | put | Add +9.5% | 384,900 | $205.0M |
| META Meta Platforms Inc. Class A | put | Reduce -73.8% | 324,700 | $187.1M |
| AMD Advanced Micro Devices | put | Add +235.5% | 1,773,700 | $182.2M |
| XLF SS Financial Select Sector | call | Sold out | 3,642,900 | $176.1Mbefore exit |
| NVDA Nvidia Corp. | call | Reduce -57.1% | 1,569,400 | $170.1M |
| AAPL Apple Inc. | call | Reduce -56.7% | 724,200 | $160.9M |
| XLF SS Financial Select Sector | put | Add +42.7% | 3,044,000 | $151.6M |
| AVGO Broadcom Inc. | put | Reduce -55.1% | 857,200 | $143.5M |
| FXI iShares China Large-Cap ETF | put | Reduce -9.6% | 3,658,600 | $131.1M |
| JPM JPMorgan Chase & Co. | put | Reduce -55.5% | 503,800 | $123.6M |
| XLE SS Energy Select Sector | put | New | 1,169,600 | $109.3M |
| GDX Vaneck Gold Miners ETF | call | Reduce -18.7% | 2,290,100 | $105.3M |
| GDX Vaneck Gold Miners ETF | put | Reduce -18.7% | 2,290,100 | $105.3M |
| XOP SS SPDR S&P Og Exp & Prod | put | Add +178.0% | 755,500 | $99.5M |
| META Meta Platforms Inc. Class A | call | Reduce -55.5% | 167,300 | $96.4M |
| AMZN Amazon.com Inc. | call | Reduce -52.9% | 505,800 | $96.2M |
| XOP SS SPDR S&P Og Exp & Prod | call | Add +68.3% | 687,000 | $90.5M |
| WMT Walmart Inc. | put | Reduce -40.9% | 997,300 | $87.6M |
| MSFT Microsoft Corp. | call | Reduce -69.1% | 232,400 | $87.2M |
| LLY Eli Lilly & Co. | put | Reduce -51.4% | 101,800 | $84.1M |
| ABBV Abbvie Inc. | put | Reduce -19.1% | 387,500 | $81.2M |
| SMH Vaneck Semiconductor ETF | put | New | 376,900 | $79.7M |
| XLB SS Materials Select Sector | put | New | 925,800 | $79.6M |
| V Visa Inc. Class A | put | Reduce -37.8% | 212,400 | $74.4M |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | put | Reduce -20.0% | 600,000 | $65.2M |
| COST Costco Wholesale Corp. | put | Reduce -66.2% | 68,500 | $64.8M |
| NFLX Netflix Inc. | put | Reduce -74.1% | 68,100 | $63.5M |
| UNH Unitedhealth Group Inc. | put | Reduce -34.3% | 117,400 | $61.5M |
| IWM iShares Russell 2000 ETF | call | Reduce -39.6% | 306,800 | $61.2M |
| GOOGL Alphabet Inc. Class A | call | Reduce -48.5% | 379,400 | $58.7M |
| MA Mastercard Inc. Class A | put | Reduce -36.6% | 105,800 | $58.0M |
| IBM Intl Business Machines Corp. | put | Reduce -13.1% | 231,500 | $57.6M |
| JNJ Johnson & Johnson | put | Reduce -32.5% | 343,100 | $56.9M |
| HD Home Depot Inc. | put | Reduce -49.2% | 147,600 | $54.1M |
| XLI SS Industrial Select Sector | put | New | 411,500 | $53.9M |
Showing the first 50 of 1,103.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| NOVA LTD (NVMI 0 10/15/25) | NOTE 10/1 · principal | Reduce -12.8% | 50,702,000 | $124.9M |
| INSIGHT ENTERPRS (NSIT 0.75 02/15/25) | NOTE 0.750% 2/1 · principal | Sold out | 48,257,000 | $108.3Mbefore exit |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | Add +34.4% | 31,584,000 | $100.0M |
| INNOVIVA INC (INVA 2.5 08/15/25) | NOTE 2.500% 8/1 · principal | Add +1.0% | 60,630,000 | $66.8M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Add +61.1% | 67,681,000 | $64.8M |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | Add +130.1% | 26,531,000 | $63.0M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Reduce -21.2% | 61,426,000 | $61.8M |
| EXACT SCIENCES CORP (EXAS 1 01/15/25) | NOTE 1.000% 1/1 · principal | Sold out | 61,371,000 | $61.3Mbefore exit |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Add +8.4% | 22,532,000 | $60.6M |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Add +137.6% | 46,141,000 | $53.0M |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | Sold out | 55,341,000 | $51.4Mbefore exit |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Add +1045.8% | 52,590,000 | $49.1M |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Reduce -10.6% | 42,000,000 | $47.2M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Add +7.1% | 45,110,000 | $44.1M |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | Add +6.0% | 17,607,000 | $42.9M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | Reduce -25.3% | 42,867,000 | $42.8M |
| XERIS BIOPHARMA HOLDINGS (XERS 8 07/15/28) | NOTE 8.000% 7/1 · principal | New | 20,900,000 | $39.9M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Add +148.3% | 36,000,000 | $34.4M |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | Reduce -23.7% | 18,533,000 | $32.4M |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | New | 33,275,000 | $31.9M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +73.3% | 26,000,000 | $31.1M |
| ALTAIR ENGINEERING INC (ALTR 1.75 06/15/27) | NOTE 1.750% 6/1 · principal | Sold out | 16,000,000 | $24.9Mbefore exit |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | Reduce -22.2% | 21,000,000 | $22.5M |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | Add +472.7% | 23,950,000 | $22.0M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +100.1% | 16,992,000 | $20.8M |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | New | 14,000,000 | $19.5M |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | Add +164.4% | 20,104,000 | $19.3M |
| NUVASIVE INC (GMED 0.375 03/15/25) | NOTE 0.375% 3/1 · principal | Sold out | 17,000,000 | $16.9Mbefore exit |
| NATIONAL VISION HOLDINGS (EYE 2.5 05/15/25) | NOTE 2.500% 5/1 · principal | Reduce -26.3% | 14,022,000 | $14.0M |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | Add +68.8% | 13,500,000 | $12.4M |
| LIVENT CORP (LTHM 4.125 07/15/25) | NOTE 4.125% 7/1 · principal | Sold out | 7,973,000 | $11.7Mbefore exit |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | New | 12,180,000 | $11.5M |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | New | 9,500,000 | $10.9M |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | New | 8,651,000 | $10.6M |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | Reduce -31.1% | 10,000,000 | $9.2M |
| COHERUS ONCOLOGY INC (CHRS 1.5 04/15/26) | NOTE 1.500% 4/1 · principal | Sold out | 9,198,000 | $9.0Mbefore exit |
| MANNKIND CORP (MNKD 2.5 03/01/26) | NOTE 2.500% 3/0 · principal | Add +28.2% | 6,729,000 | $7.8M |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | New | 5,000,000 | $7.1M |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | Reduce -15.0% | 8,500,000 | $6.9M |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | Reduce -51.0% | 7,200,000 | $6.4M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Sold out | 4,500,000 | $6.1Mbefore exit |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | Sold out | 5,893,000 | $5.6Mbefore exit |
| DYNAVAX TECHNOLOGIES CORP | DEBT 2.000% 3/1 · principal | New | 5,000,000 | $5.0M |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | Reduce -2.3% | 8,793,000 | $5.0M |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | Reduce -20.0% | 7,000,000 | $4.9M |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | New | 5,000,000 | $4.7M |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | New | 3,500,000 | $4.2M |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Add +8.6% | 3,801,000 | $3.8M |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | Reduce -35.0% | 3,708,000 | $3.2M |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | New | 2,800,000 | $2.7M |
Showing the first 50 of 58.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 854 | $10.9B | MSFT, NVDA, IVV, AMZN, VOO |
| Q1 2026 | 782 | $9.0B | AMZN, MSFT, IVV, NVDA, TSLA |
| Q4 2025 | 719 | $9.9B | NVDA, IVV, GOOGL, AMZN, AMD |
| Q3 2025 | 1,010 | $9.4B | NVDA, MSFT, AMZN, TSLA, IVV |
| Q2 2025 | 746 | $9.7B | NVDA, TSLA, AMZN, MSFT, AAPL |
| Q1 2025 | 441 | $8.7B | TSLA, AMZN, NVDA, MSFT, IVV |
| Q4 2024 | 652 | $7.9B | MSFT, VOO, AMZN, IVV, NVDA |
| Q3 2024 | 741 | $2.9B | SPY, VOO, IVV, XOP, IWM |
| Q2 2024 | 907 | $2.2B | SPY, IVV, QQQ, TSLA, USMV |
| Q1 2024 | 1,181 | $2.9B | SPY, IVV, TSLA, HDB, ARM |