Citigroup Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Citigroup Inc. reported 4,669 stock positions worth $143.4 billion. Its top holding was Nvidia (NVDA) at 5.1% of the portfolio, followed by Microsoft (MSFT, 4.1%) and Apple (AAPL, 3.3%). Compared with Q1 2025, it opened 335 new positions, sold out of 203, added to 1,433 and reduced 2,711. The biggest buy was Bank of America (BAC, shares +27%) and the biggest sale Apple (AAPL, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000831001
- Portfolio Value
- $143.4B (Q2 2025)
- SEC Filing
- 0000831001-25-000145 ↗ filed Aug 11, 2025
Holdings Value
Holdings 4,669 stocks · $143.4B
| NVDA Nvidia Corp. | 5.12% | 46,516,050 | $7.3B | Reduce -9.3% |
| MSFT Microsoft Corp. | 4.12% | 11,887,072 | $5.9B | Reduce -9.7% |
| AAPL Apple Inc. | 3.31% | 23,125,776 | $4.7B | Reduce -5.1% |
| AMZN Amazon.com Inc. | 2.96% | 19,340,405 | $4.2B | Reduce -0.6% |
| TSLA Tesla Inc. | 2.07% | 9,354,895 | $3.0B | Reduce -17.0% |
| AVGO Broadcom Inc. | 1.95% | 10,126,493 | $2.8B | Reduce -5.0% |
| META Meta Platforms Inc. Class A | 1.62% | 3,153,471 | $2.3B | Reduce -11.4% |
| GOOGL Alphabet Inc. Class A | 1.60% | 13,018,669 | $2.3B | Reduce -4.8% |
| TLT iShares 20+ Year Treasury BD | 1.51% | 24,508,859 | $2.2B | Reduce -11.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.28% | 38,725,967 | $1.8B | Add +27.2% |
| VOO Vanguard S&P 500 ETF | 1.26% | 3,173,596 | $1.8B | Add +22.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.19% | 2,753,228 | $1.7B | Reduce -28.4% |
| JPM JPMorgan Chase & Co. | 1.13% | 5,600,114 | $1.6B | Add +5.1% |
| NFLX Netflix Inc. | 0.93% | 994,054 | $1.3B | Add +12.4% |
| GOOG Alphabet Inc. Class C | 0.87% | 7,051,340 | $1.3B | Reduce -11.2% |
| V Visa Inc. Class A | 0.86% | 3,476,357 | $1.2B | Add +5.0% |
| XBI SS SPDR S&P Biotech ETF | 0.74% | 12,753,740 | $1.1B | Add +21.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.69% | 2,031,398 | $986.8M | Add +10.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.62% | 1,609,002 | $887.6M | Reduce -30.8% |
| AMD Advanced Micro Devices | 0.59% | 5,990,471 | $850.0M | Add +0.4% |
| LLY Eli Lilly & Co. | 0.58% | 1,063,117 | $828.7M | Reduce -7.0% |
| XLI SS Industrial Select Sector | 0.56% | 5,428,148 | $800.8M | Add +27.4% |
| BLK BlackRock Inc. | 0.53% | 719,642 | $755.1M | Add +64.5% |
| HD Home Depot Inc. | 0.48% | 1,893,544 | $694.2M | Add +23.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.48% | 3,011,127 | $682.0M | Reduce -8.7% |
| ORCL Oracle Corp. | 0.47% | 3,065,481 | $670.2M | Reduce -10.1% |
| QCOM Qualcomm Inc. | 0.47% | 4,190,544 | $667.4M | Add +10.5% |
| COST Costco Wholesale Corp. | 0.46% | 670,704 | $664.0M | Add +0.2% |
| TXN Texas Instruments Inc. | 0.45% | 3,111,962 | $646.1M | Add +9.4% |
| WMT Walmart Inc. | 0.44% | 6,468,312 | $632.5M | Add +0.6% |
| BKNG Booking Holdings Inc. | 0.43% | 107,457 | $622.1M | Add +0.5% |
| ABBV Abbvie Inc. | 0.43% | 3,295,862 | $611.8M | Add +3.0% |
| AMAT Applied Materials Inc. | 0.42% | 3,323,777 | $608.5M | Reduce -6.4% |
| PG The Procter & Gamble Co. | 0.40% | 3,614,978 | $575.9M | Reduce -4.0% |
| LRCX Lam Research Corp. | 0.40% | 5,845,471 | $569.0M | Add +12.3% |
| UNH Unitedhealth Group Inc. | 0.39% | 1,810,270 | $564.7M | Reduce -15.8% |
| ABT Abbott Laboratories | 0.39% | 4,135,088 | $562.4M | Reduce -2.1% |
| PANW Palo Alto Networks Inc. | 0.39% | 2,725,489 | $557.7M | Reduce -40.0% |
| GEV GE Vernova Inc. | 0.38% | 1,040,631 | $550.6M | Add +72.5% |
| CRM Salesforce Inc. | 0.38% | 2,011,023 | $548.4M | Add +4.7% |
| KRE SS SPDR S&P Regional Bank | 0.37% | 8,942,562 | $531.1M | Add +117.5% |
| MA Mastercard Inc. Class A | 0.36% | 919,222 | $516.5M | Reduce -2.5% |
| IBB iShares Biotechnology ETF | 0.36% | 4,073,967 | $515.4M | Add +27.0% |
| INTC Intel Corp. | 0.35% | 22,623,142 | $506.8M | Reduce -4.1% |
| GE General Electric filed as GE AEROSPACE | 0.35% | 1,962,603 | $505.2M | Add +61.0% |
| SE Sea Ltd.-ADR | 0.35% | 3,132,977 | $501.1M | Reduce -12.7% |
| KLAC KLA Corp. | 0.35% | 555,409 | $497.5M | Add +19.5% |
| MU Micron Technology Inc. | 0.35% | 4,029,462 | $496.6M | Add +1.4% |
| PLTR Palantir Technologies Inc. Class A | 0.34% | 3,629,299 | $494.7M | Reduce -2.3% |
| CSCO Cisco Systems Inc. | 0.34% | 7,081,108 | $491.3M | Add +0.2% |
| CVX Chevron Corp. | 0.34% | 3,426,637 | $490.7M | Reduce -8.7% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.34% | 6,041,762 | $487.3M | Add +48.3% |
| INTU Intuit Inc. | 0.33% | 604,606 | $476.2M | Add +10.8% |
| RTX RTX Corp. | 0.33% | 3,228,986 | $471.5M | Add +1.9% |
| FER Ferrovial NV | 0.32% | 8,546,206 | $454.0M | Reduce -0.0% |
| IEMG iShares Core MSCI Emerging | 0.31% | 7,445,042 | $446.9M | Reduce -2.2% |
| BSX Boston Scientific Corp. | 0.30% | 4,033,057 | $433.2M | Add +39.6% |
| KO The Coca-Cola Co. | 0.30% | 6,111,328 | $432.4M | Reduce -5.9% |
| XOM Exxon Mobil Corp. | 0.30% | 3,977,361 | $428.8M | Reduce -11.7% |
| UBER Uber Technologies Inc. | 0.30% | 4,588,899 | $428.1M | Reduce -4.8% |
| STLA Stellantis NV | 0.30% | 42,416,811 | $425.4M | Add +31.1% |
| XLF SS Financial Select Sector | 0.29% | 7,950,084 | $416.3M | Reduce -12.6% |
| ADBE Adobe Inc. | 0.28% | 1,055,406 | $408.3M | Reduce -7.9% |
| MRK Merck & Co. Inc. | 0.28% | 5,107,758 | $404.3M | Reduce -18.1% |
| COIN Coinbase Global Inc. Class A | 0.28% | 1,152,920 | $404.1M | Add +149.9% |
| ADI Analog Devices Inc. | 0.28% | 1,692,599 | $402.9M | Add +6.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.28% | 1,356,811 | $400.0M | Add +15.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.28% | 2,246,630 | $397.1M | Add +48.8% |
| VONG Vanguard Russell 1000 Growth | 0.27% | 3,541,803 | $386.8M | Reduce -3.6% |
| NOW ServiceNow Inc. | 0.27% | 376,152 | $386.7M | Reduce -0.0% |
| JNJ Johnson & Johnson | 0.27% | 2,516,956 | $384.5M | Reduce -3.6% |
| EEM iShares MSCI Emerging Market | 0.27% | 7,967,214 | $384.3M | Add +38.5% |
| LIN Linde PLC | 0.27% | 818,257 | $383.9M | Add +7.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.27% | 871,186 | $381.9M | Add +38.5% |
| CAT Caterpillar Inc. | 0.26% | 975,244 | $378.6M | Add +1.1% |
| MS Morgan Stanley | 0.26% | 2,661,035 | $374.8M | Reduce -0.9% |
| AXP American Express Co. | 0.26% | 1,165,293 | $371.7M | Add +15.3% |
| ISRG Intuitive Surgical Inc. | 0.26% | 678,807 | $368.9M | Add +3.2% |
| MCD McDonald's Corp. | 0.25% | 1,242,570 | $363.0M | Reduce -14.4% |
| KR Kroger Co. | 0.25% | 5,019,548 | $360.1M | Reduce -10.8% |
| AGG iShares Core U.S. Aggregate | 0.25% | 3,549,464 | $352.1M | Add +2.8% |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 843,315 | $341.9M | Reduce -17.8% |
| ACN Accenture PLC Class A | 0.24% | 1,134,620 | $339.1M | Add +8.8% |
| NEM Newmont Corp. | 0.23% | 5,774,908 | $336.4M | Reduce -14.6% |
| WFC Wells Fargo & Co. | 0.23% | 4,194,099 | $336.0M | Add +3.6% |
| VWO Vanguard Ftse Emerging Marke | 0.23% | 6,768,166 | $334.8M | Reduce -0.7% |
| MRVL Marvell Technology Inc. | 0.23% | 4,311,987 | $333.7M | Add +23.7% |
| TMUS T-Mobile US Inc. | 0.23% | 1,384,418 | $329.9M | Add +8.0% |
| IDEV iShares Core MSCI Dev MKTS | 0.23% | 4,322,535 | $328.7M | Add +2.9% |
| BA The Boeing Co. | 0.22% | 1,528,440 | $320.3M | Reduce -8.6% |
| PEP Pepsico Inc. | 0.22% | 2,424,535 | $320.1M | Reduce -1.4% |
| IAU iShares Gold Trust | 0.22% | 5,108,818 | $318.6M | Add +809.1% |
| BABA Alibaba Group Holding-SP ADR | 0.21% | 2,638,514 | $299.2M | Reduce -0.4% |
| PM Philip Morris International | 0.21% | 1,624,966 | $296.0M | Add +6.2% |
| ASML ASML Holding NV-NY Reg SHS | 0.20% | 360,129 | $288.6M | Add +8.2% |
| SPGI S&P Global Inc. | 0.20% | 546,503 | $288.2M | Reduce -4.8% |
| VEA Vanguard Ftse Developed ETF | 0.20% | 5,022,561 | $286.3M | Reduce -6.5% |
| IWF iShares Russell 1000 Growth | 0.20% | 665,839 | $282.7M | Add +4.4% |
| DE Deere & Co. | 0.20% | 550,568 | $280.0M | Reduce -12.5% |
| XLE SS Energy Select Sector | 0.19% | 3,288,266 | $278.9M | Add +3.5% |
Options reported separately and not counted above: IWM puts ($4.6B), TSLA puts ($3.1B), META puts ($2.3B), HYG puts ($2.1B), IWM calls ($1.9B), SPY puts ($1.7B), MSFT puts ($1.6B), NVDA puts ($1.6B), QQQ puts ($1.5B), CVNA puts ($1.4B), QQQ calls ($1.4B), XLI puts ($1.2B), and 741 more.
Other holdings (205): bonds, preferreds, convertibles and warrants · $732.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 1,384,991 | $94.2M | Reduce -31.2% |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 25,209,000 | $25.2M | Add +505.6% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 10,645,000 | $19.1M | Add +26.5% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | 14,434,000 | $16.3M | New |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 16,963,000 | $15.1M | New |
| ZYNGA INC (ZNGA 0 12/15/26) | NOTE 12/1 · principal | 14,043,000 | $14.8M | No change |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 13,137,000 | $13.4M | Add +206.0% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 8,896,000 | $12.7M | Add +122.4% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 13,638,000 | $12.2M | Add +351.4% |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 8,653,000 | $12.2M | New |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 225,609 | $12.0M | Reduce -30.9% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 149,201 | $11.2M | Add +43.7% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 9,316,000 | $11.1M | Add +102.8% |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 10,821,000 | $10.9M | Add +395.9% |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | 9,813,000 | $10.8M | Add +774.6% |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 9,665,000 | $10.8M | Add +138.8% |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 8,589,000 | $9.6M | Add +57.9% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 9,502,000 | $9.2M | Add +57.3% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 9,022,000 | $9.0M | Add +128.5% |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 6,993,000 | $9.0M | Add +35.3% |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 8,362,000 | $8.8M | Add +64.6% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 8,023,000 | $8.7M | Add +117.8% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 4,753,000 | $8.5M | Reduce -13.6% |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 7,928,000 | $8.5M | Add +79.8% |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 8,340,000 | $8.2M | New |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 7,728,000 | $8.1M | Add +1.9% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 7,503,000 | $7.9M | Add +271.3% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 167,300 | $7.9M | Reduce -18.9% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 6,430 | $7.8M | Reduce -2.1% |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 66,802 | $7.7M | New |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 7,037,000 | $7.6M | New |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 6,462 | $7.6M | Reduce -1.5% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 6,298,000 | $7.3M | New |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 6,567,000 | $7.2M | New |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 7,965,000 | $7.1M | New |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 5,892,000 | $7.1M | Add +55.0% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 5,164,000 | $6.6M | New |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 5,521,000 | $6.6M | Reduce -21.0% |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 5,374,000 | $6.4M | Add +195.9% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 4,100,000 | $6.3M | Add +87.1% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 4,380,000 | $5.6M | Reduce -0.5% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 4,309,000 | $5.4M | Add +101.4% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 4,816,000 | $5.3M | Add +153.7% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 5,276,000 | $5.3M | New |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 5,493,000 | $5.3M | New |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | 5,311,000 | $5.0M | Add +73.5% |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 5,848,000 | $5.0M | New |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 130,850 | $4.9M | Reduce -28.8% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 4,418,000 | $4.6M | New |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 2,575,000 | $4.6M | Reduce -59.0% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 4,843,000 | $4.5M | Reduce -43.5% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 4,661,000 | $4.3M | Add +368.0% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 2,864,000 | $4.3M | New |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 3,483,000 | $4.3M | New |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 3,854,000 | $4.0M | New |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 3,971,000 | $3.9M | Reduce -39.0% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 3,969,000 | $3.9M | Add +0.5% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 120,860 | $3.9M | Add +30.4% |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 3,763,000 | $3.7M | New |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 3,606,000 | $3.7M | Add +80.1% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 3,682,000 | $3.6M | Add +91.1% |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | 3,390,000 | $3.6M | Add +41.8% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 2,976,000 | $3.5M | Reduce -20.4% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 59,006 | $3.5M | No change |
| LIVANOVA PLC (LIVN 2.5 03/15/29) | NOTE 2.500% 3/1 · principal | 3,309,000 | $3.4M | New |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 3,362,000 | $3.3M | Reduce -10.9% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 2,638,000 | $3.2M | New |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 2,790,000 | $3.1M | New |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 3,591,000 | $3.0M | Reduce -28.4% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 1,927,000 | $3.0M | Add +1247.5% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 3,034,000 | $2.9M | New |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 2,950,000 | $2.8M | Reduce -18.1% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 51,002 | $2.7M | Reduce -67.5% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 2,682,000 | $2.7M | New |
| DISH NETWORK CORP (DISH 0 12/15/25) | NOTE 12/1 · principal | 2,990,000 | $2.7M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 2,717,000 | $2.6M | Add +32.6% |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 41,837 | $2.5M | No change |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 2,129,000 | $2.5M | New |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 1,945,000 | $2.4M | Add +5.1% |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 361,000 | $2.3M | No change |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 50,500 | $2.2M | No change |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | 2,146,000 | $2.1M | Add +613.0% |
| MARA HOLDINGS INC (MARA 1 12/01/26) | NOTE 1.000%12/0 · principal | 2,250,000 | $2.0M | Add +800.0% |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | 2,109,000 | $2.0M | Add +82.0% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 1,934,000 | $2.0M | Add +557.8% |
| PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28) | NOTE 3.250% 4/0 · principal | 806,000 | $1.9M | Reduce -74.0% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 3,031,000 | $1.9M | Add +175.3% |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 512,000 | $1.9M | Add +1.8% |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 1,892,000 | $1.8M | Add +4200.0% |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 1,716,000 | $1.8M | Add +164.8% |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 1,750,000 | $1.8M | Add +2.7% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 1,309,000 | $1.7M | Reduce -23.4% |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 1,245,000 | $1.7M | New |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 1,755,000 | $1.7M | New |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 1,632,000 | $1.7M | Reduce -71.0% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 1,710,000 | $1.7M | Add +163.1% |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | 1,604,000 | $1.6M | Add +88.3% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 1,233,000 | $1.6M | Add +457.9% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 1,878,000 | $1.6M | Reduce -49.2% |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 1,551,000 | $1.5M | Add +1585.9% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 1,134,000 | $1.5M | Add +74.5% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 1,313,000 | $1.5M | Reduce -71.4% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 2,105,000 | $1.5M | Add +334.9% |
| REDFIN CORP (RDFN 0 10/15/25) | NOTE 10/1 · principal | 1,553,000 | $1.5M | No change |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 1,405,000 | $1.5M | Add +5.7% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 1,568,000 | $1.5M | Reduce -60.8% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 1,501,000 | $1.4M | Reduce -63.7% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 1,360,000 | $1.4M | Add +272.6% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 1,418,000 | $1.4M | Add +18.6% |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 1,435,000 | $1.4M | Add +474.0% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 1,376,000 | $1.4M | New |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | 1,391,000 | $1.3M | No change |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 1,504,000 | $1.3M | New |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 1,333,000 | $1.3M | Reduce -31.0% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 1,077,000 | $1.3M | Add +132.6% |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 770,000 | $1.2M | Add +0.8% |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 803,000 | $1.2M | Reduce -4.1% |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | 552,000 | $1.2M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 1,244,000 | $1.2M | Reduce -64.9% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 1,200,000 | $1.1M | No change |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 1,467,000 | $1.1M | Reduce -6.4% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 897,000 | $1.1M | Add +34.3% |
| CALLAWAY GOLF CO (CALY 2.75 05/01/26) | NOTE 2.750% 5/0 · principal | 1,143,000 | $1.1M | Add +290.1% |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 906,000 | $1.1M | New |
| WORKIVA INC (WK 1.125 08/15/26) | NOTE 1.125% 8/1 · principal | 840,000 | $903K | Reduce -44.1% |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | 916,000 | $894K | New |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 973,000 | $885K | Add +268.6% |
| IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | 1,014,000 | $874K | Add +7142.9% |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | NOTE 3.375% 6/0 · principal | 935,000 | $848K | New |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 835,000 | $834K | Add +1092.9% |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | 1,352,000 | $767K | Add +7.1% |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 3,030,000 | $750K | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 529,000 | $744K | New |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 638,000 | $727K | Reduce -69.3% |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 699,000 | $702K | New |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 640,000 | $691K | New |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 15,676 | $623K | New |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 570,000 | $547K | No change |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 561,000 | $531K | New |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 462,000 | $520K | Add +579.4% |
| SPIRIT AEROSYSTEMS INC (SPR 3.25 11/01/28) | NOTE 3.250%11/0 · principal | 345,000 | $503K | No change |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 579,000 | $496K | Add +632.9% |
| EVOLENT HEALTH INC (EVH 1.5 10/15/25) | NOTE 1.500%10/1 · principal | 500,000 | $493K | New |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 503,000 | $479K | New |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 468,000 | $463K | Add +31.5% |
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | 471,000 | $462K | New |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 481,000 | $458K | Reduce -8.0% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 419,000 | $445K | Reduce -63.9% |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 489,000 | $443K | Reduce -78.3% |
| SUNRUN INC (RUN 4 03/01/30) | NOTE 4.000% 3/0 · principal | 582,000 | $385K | New |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | 1,375,000 | $340K | Reduce -52.2% |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 291,000 | $317K | No change |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 425,000 | $301K | Reduce -59.3% |
| ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) | NOTE 4.000% 3/1 · principal | 296,000 | $278K | No change |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 255,000 | $272K | No change |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 275,000 | $270K | Reduce -85.0% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 224,000 | $256K | New |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 236,000 | $250K | No change |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 260,000 | $240K | No change |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 82,000 | $239K | No change |
| MAGNITE INC (MGNI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 248,000 | $238K | No change |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 225,000 | $215K | Reduce -90.2% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 195,000 | $208K | Add +3.2% |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 200,000 | $197K | New |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 207,000 | $177K | Reduce -38.6% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 136,000 | $177K | Reduce -93.6% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 173,000 | $159K | New |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 57,000 | $159K | Add +18.8% |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 264,000 | $151K | Add +30.1% |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 113,000 | $134K | Add +17.7% |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 64,000 | $133K | No change |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 104,173 | $122K | Reduce -81.1% |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | 131,000 | $114K | No change |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 107,000 | $103K | No change |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 1,229,000 | $98K | No change |
| LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30) | DEB 3.750% 2/1 · principal | 938,000 | $94K | No change |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 90,000 | $87K | Reduce -95.4% |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 81,000 | $86K | No change |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 91,000 | $80K | Reduce -37.2% |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 60,000 | $77K | Reduce -45.5% |
| ENCORE CAPITAL GROUP INC (ECPG 3.25 10/01/25) | NOTE 3.250%10/0 · principal | 72,000 | $75K | No change |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 60,000 | $59K | No change |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 64,000 | $55K | New |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | 56,000 | $55K | New |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 50,000 | $49K | Add +61.3% |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 50,000 | $48K | New |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 51,000 | $46K | No change |
| CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) | NOTE 0.625% 6/1 · principal | 46,000 | $44K | No change |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 43,000 | $40K | No change |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 38,000 | $38K | Reduce -99.2% |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 39,000 | $37K | No change |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 40,000 | $32K | Reduce -99.0% |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 23,000 | $27K | New |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 16,000 | $26K | Reduce -99.7% |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 20,000 | $21K | New |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 15,000 | $14K | No change |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 14,000 | $12K | New |
| LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) | DEB 4.000%11/1 · principal | 82,000 | $8K | No change |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 8,000 | $7K | No change |
| APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) | NOTE 3.500% 9/1 · principal | 6,000 | $6K | No change |
Largest 200 of 205 shown.
Total filed on the 13F, all lines: $144.2B.
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -5.1% | 3.31% | −0.83 |
| UNH Unitedhealth Group Inc. | Reduce -15.8% | 0.39% | −0.47 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -28.4% | 1.19% | −0.46 |
| TLT iShares 20+ Year Treasury BD | Reduce -11.1% | 1.51% | −0.41 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -30.8% | 0.62% | −0.21 |
| PANW Palo Alto Networks Inc. | Reduce -40.0% | 0.39% | −0.20 |
| IWM iShares Russell 2000 ETF | Reduce -52.1% | 0.17% | −0.19 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -97.3% | 0.00% | −0.16 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -97.6% | 0.00% | −0.16 |
| TSLA Tesla Inc. | Reduce -17.0% | 2.07% | −0.16 |
| TMO Thermo Fisher Scientific Inc. | Reduce -17.8% | 0.24% | −0.15 |
| MRK Merck & Co. Inc. | Reduce -18.1% | 0.28% | −0.15 |
| LLY Eli Lilly & Co. | Reduce -7.0% | 0.58% | −0.14 |
| CVX Chevron Corp. | Reduce -8.7% | 0.34% | −0.14 |
| UNP Union Pacific Corp. | Reduce -46.0% | 0.12% | −0.13 |
| GLD SPDR Gold Shares | Reduce -56.1% | 0.09% | −0.13 |
| VXF Vanguard Extended Market ETF | Reduce -70.0% | 0.05% | −0.12 |
| XOM Exxon Mobil Corp. | Reduce -11.7% | 0.30% | −0.11 |
| T AT&T Inc. | Reduce -38.4% | 0.15% | −0.11 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -66.3% | 0.04% | −0.10 |
| FCX Freeport-McMoran Inc. | Reduce -44.3% | 0.14% | −0.10 |
| JHX James Hardie Ord | Sold out | 0.00% | −0.10 |
| MCD McDonald's Corp. | Reduce -14.4% | 0.25% | −0.09 |
| IJR iShares Core S&P Small-Cap E | Reduce -62.5% | 0.05% | −0.09 |
| VZ Verizon Communications Inc. | Reduce -23.3% | 0.18% | −0.09 |
| PG The Procter & Gamble Co. | Reduce -4.0% | 0.40% | −0.09 |
| EFA iShares MSCI Eafe ETF | Reduce -61.6% | 0.05% | −0.08 |
| SLB SLB Ltd. | Reduce -50.2% | 0.04% | −0.08 |
| GOOG Alphabet Inc. Class C | Reduce -11.2% | 0.87% | −0.08 |
| LOW Lowe's Cos Inc. | Reduce -31.3% | 0.10% | −0.07 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -49.4% | 0.08% | −0.06 |
| JNJ Johnson & Johnson | Reduce -3.6% | 0.27% | −0.06 |
| FXI iShares China Large-Cap ETF | Reduce -23.0% | 0.16% | −0.06 |
| ELV Elevance Health Inc. | Reduce -32.8% | 0.07% | −0.06 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −0.06 |
| BABA Alibaba Group Holding-SP ADR | Reduce -0.4% | 0.21% | −0.06 |
| PEP Pepsico Inc. | Reduce -1.4% | 0.22% | −0.06 |
| PH Parker Hannifin Corp. | Reduce -55.2% | 0.05% | −0.06 |
| INTC Intel Corp. | Reduce -4.1% | 0.35% | −0.06 |
| XLF SS Financial Select Sector | Reduce -12.6% | 0.29% | −0.06 |
| KO The Coca-Cola Co. | Reduce -5.9% | 0.30% | −0.05 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -90.5% | 0.01% | −0.05 |
| XLV SS Health Care Select Sector | Reduce -30.1% | 0.07% | −0.05 |
| ADBE Adobe Inc. | Reduce -7.9% | 0.28% | −0.05 |
| VFC VF Corp. | Reduce -74.8% | 0.01% | −0.05 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.05 |
| HES Hess Corp. | Reduce -7.2% | 0.13% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -4.6% | 0.19% | −0.05 |
| KWEB Kranesh Csi China Internet | Reduce -88.8% | 0.01% | −0.04 |
| TAL Tal Education Group- ADR | Reduce -83.9% | 0.01% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| BAC Bank of America Corp. | Add +27.2% | 1.28% | +0.31 |
| NFLX Netflix Inc. | Add +12.4% | 0.93% | +0.30 |
| GEV GE Vernova Inc. | Add +72.5% | 0.38% | +0.24 |
| VOO Vanguard S&P 500 ETF | Add +22.4% | 1.26% | +0.24 |
| COIN Coinbase Global Inc. Class A | Add +149.9% | 0.28% | +0.22 |
| BLK BlackRock Inc. | Add +64.5% | 0.53% | +0.21 |
| IAU iShares Gold Trust | Add +809.1% | 0.22% | +0.20 |
| KRE SS SPDR S&P Regional Bank | Add +117.5% | 0.37% | +0.19 |
| GE General Electric | Add +61.0% | 0.35% | +0.17 |
| JPM JPMorgan Chase & Co. | Add +5.1% | 1.13% | +0.13 |
| XLI SS Industrial Select Sector | Add +27.4% | 0.56% | +0.13 |
| AMD Advanced Micro Devices | Add +0.4% | 0.59% | +0.12 |
| AZEK The Azek Co. Inc. | Add +185.8% | 0.17% | +0.11 |
| LRCX Lam Research Corp. | Add +12.3% | 0.40% | +0.11 |
| SAP Sap SE-Sponsored ADR | Add +442.1% | 0.13% | +0.11 |
| KLAC KLA Corp. | Add +19.5% | 0.35% | +0.11 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +48.3% | 0.34% | +0.09 |
| FMX Fomento Economico Mex-SP ADR | Add +309.6% | 0.12% | +0.09 |
| XBI SS SPDR S&P Biotech ETF | Add +21.7% | 0.74% | +0.09 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +38.5% | 0.27% | +0.09 |
| MU Micron Technology Inc. | Add +1.4% | 0.35% | +0.08 |
| VTR Ventas Inc. | Add +451.9% | 0.10% | +0.08 |
| BSX Boston Scientific Corp. | Add +39.6% | 0.30% | +0.08 |
| AMRZ Amrize Ltd. | New | 0.08% | +0.08 |
| CONL Granitesh 2X LNG Coin ETF-US | Add +285.7% | 0.09% | +0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +48.8% | 0.28% | +0.08 |
| AEP American Electric Power | Add +135.8% | 0.15% | +0.08 |
| INTU Intuit Inc. | Add +10.8% | 0.33% | +0.08 |
| EEM iShares MSCI Emerging Market | Add +38.5% | 0.27% | +0.08 |
| ON On Semiconductor | Add +52.7% | 0.17% | +0.07 |
| DLTR Dollar Tree Inc. | Add +419.8% | 0.09% | +0.07 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +1166.9% | 0.08% | +0.07 |
| FLUT Flutter Entertainment PLC-Di | Add +52.7% | 0.16% | +0.07 |
| ARKK ARK Innovation ETF | Add +52.5% | 0.14% | +0.07 |
| VCLT Vanguard Long-Term Corp. Bond | Add +4898.0% | 0.07% | +0.07 |
| MRVL Marvell Technology Inc. | Add +23.7% | 0.23% | +0.07 |
| HOOD Robinhood Markets Inc. Class A | Add +53.5% | 0.10% | +0.07 |
| EWY iShares MSCI South Korea ETF | Add +416.5% | 0.08% | +0.07 |
| XLK SS Technology Select Sector | Add +98.2% | 0.12% | +0.07 |
| IYR iShares US Real Estate ETF | Add +149.4% | 0.12% | +0.07 |
| SPOT Spotify Technology SA | Add +34.1% | 0.16% | +0.07 |
| BTI British American Tob-SP ADR | Add +833.5% | 0.07% | +0.06 |
| BWX SS SPDR BB Intl Treasury BD | Add +19000.0% | 0.06% | +0.06 |
| TXN Texas Instruments Inc. | Add +9.4% | 0.45% | +0.06 |
| DIA SS SPDR Dow Jones Indus Avg | Add +155.7% | 0.10% | +0.06 |
| BKNG Booking Holdings Inc. | Add +0.5% | 0.43% | +0.06 |
| MCHP Microchip Technology Inc. | Add +8.1% | 0.19% | +0.06 |
| SOXX iShares Semiconductor ETF | Add +137.2% | 0.09% | +0.06 |
| IBM Intl Business Machines Corp. | Add +15.8% | 0.28% | +0.06 |
| HD Home Depot Inc. | Add +23.7% | 0.48% | +0.06 |
Options Activity Q1 2025 → Q2 2025
| IWM iShares Russell 2000 ETF | put | Add +9.5% | 21,373,900 | $4.6B |
| TSLA Tesla Inc. | put | Add +38.8% | 9,766,400 | $3.1B |
| META Meta Platforms Inc. Class A | put | Add +196.9% | 3,095,300 | $2.3B |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Reduce -23.8% | 26,421,500 | $2.1B |
| IWM iShares Russell 2000 ETF | call | Reduce -13.7% | 8,730,000 | $1.9B |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +51.3% | 2,759,700 | $1.7B |
| MSFT Microsoft Corp. | put | Add +118.4% | 3,295,500 | $1.6B |
| NVDA Nvidia Corp. | put | Add +11.3% | 10,084,100 | $1.6B |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -89.2% | 2,756,800 | $1.5B |
| CVNA Carvana Co. | put | Add +82.4% | 4,013,100 | $1.4B |
| QQQ Invesco QQQ Trust Series 1 | call | Add +5.1% | 2,448,500 | $1.4B |
| XLI SS Industrial Select Sector | put | Reduce -13.2% | 7,800,000 | $1.2B |
| AAPL Apple Inc. | put | Add +13.9% | 5,459,500 | $1.1B |
| INTU Intuit Inc. | put | Add +5.0% | 1,320,400 | $1.0B |
| IEF iShares 7-10 Year Treasury B | call | Add +4224.6% | 10,811,500 | $1.0B |
| NVDA Nvidia Corp. | call | Reduce -37.7% | 5,648,600 | $892.4M |
| XLI SS Industrial Select Sector | call | Add +3.4% | 6,000,000 | $885.1M |
| EEM iShares MSCI Emerging Market | put | Reduce -4.0% | 16,004,900 | $772.1M |
| V Visa Inc. Class A | put | Add +326.8% | 2,043,500 | $725.5M |
| AMZN Amazon.com Inc. | put | Add +54.4% | 3,285,700 | $720.8M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +145.4% | 1,137,100 | $702.6M |
| AVGO Broadcom Inc. | put | Add +68.0% | 2,437,300 | $671.8M |
| GLD SPDR Gold Shares | call | Reduce -84.3% | 2,183,700 | $665.7M |
| TSLA Tesla Inc. | call | Add +18.9% | 2,083,600 | $661.9M |
| GLD SPDR Gold Shares | put | Add +6.9% | 1,960,700 | $597.7M |
| EFA iShares MSCI Eafe ETF | put | Reduce -5.5% | 4,815,700 | $430.5M |
| MSFT Microsoft Corp. | call | Add +0.3% | 851,300 | $423.4M |
| EEM iShares MSCI Emerging Market | call | Reduce -8.7% | 8,384,400 | $404.5M |
| AAPL Apple Inc. | call | Add +2.2% | 1,970,700 | $404.3M |
| XLF SS Financial Select Sector | put | Reduce -18.3% | 7,605,700 | $398.3M |
| GOOG Alphabet Inc. Class C | put | Add +81.9% | 2,238,700 | $397.1M |
| BRK.B Berkshire Hathaway Inc. Class B | put | Add +101.3% | 807,300 | $392.2M |
| FSLR First Solar Inc. | call | Add +2860.8% | 2,368,600 | $392.1M |
| GOOGL Alphabet Inc. Class A | put | Add +32.8% | 2,118,600 | $373.4M |
| STLA Stellantis NV | put | Add +110.5% | 36,520,000 | $366.3M |
| JPM JPMorgan Chase & Co. | put | Add +87.6% | 1,248,300 | $361.9M |
| META Meta Platforms Inc. Class A | call | Add +3.3% | 487,200 | $359.6M |
| VZ Verizon Communications Inc. | put | Add +14.5% | 7,529,200 | $325.8M |
| XLF SS Financial Select Sector | call | Reduce -0.4% | 5,859,800 | $306.9M |
| MCD McDonald's Corp. | put | Add +33.0% | 1,048,300 | $306.3M |
| BAC Bank of America Corp. | put | Add +41.5% | 6,311,500 | $298.7M |
| COIN Coinbase Global Inc. Class A | call | Add +10.8% | 850,800 | $298.2M |
| AVGO Broadcom Inc. | call | Add +32.4% | 1,063,800 | $293.2M |
| GOOGL Alphabet Inc. Class A | call | Add +125.4% | 1,651,300 | $291.0M |
| AMZN Amazon.com Inc. | call | Add +39.1% | 1,191,400 | $261.4M |
| NFLX Netflix Inc. | put | Reduce -47.2% | 194,500 | $260.5M |
| CELH Celsius Holdings Inc. | call | Reduce -22.3% | 5,500,000 | $255.1M |
| LLY Eli Lilly & Co. | put | Add +22.3% | 316,700 | $246.9M |
| EFA iShares MSCI Eafe ETF | call | Reduce -1.9% | 2,609,000 | $233.2M |
| XLE SS Energy Select Sector | call | Add +27.8% | 2,676,500 | $227.0M |
Showing the first 50 of 793.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Reduce -31.2% | 1,384,991 | $94.2M |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | Add +505.6% | 25,209,000 | $25.2M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Add +26.5% | 10,645,000 | $19.1M |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Sold out | 17,314,000 | $17.3Mbefore exit |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | New | 14,434,000 | $16.3M |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | Sold out | 6,532,000 | $15.5Mbefore exit |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | New | 16,963,000 | $15.1M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +206.0% | 13,137,000 | $13.4M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +122.4% | 8,896,000 | $12.7M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Add +351.4% | 13,638,000 | $12.2M |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | New | 8,653,000 | $12.2M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -30.9% | 225,609 | $12.0M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Add +43.7% | 149,201 | $11.2M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Add +102.8% | 9,316,000 | $11.1M |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | Add +395.9% | 10,821,000 | $10.9M |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | Add +774.6% | 9,813,000 | $10.8M |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | Add +138.8% | 9,665,000 | $10.8M |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | Add +57.9% | 8,589,000 | $9.6M |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | Sold out | 4,016,000 | $9.3Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Add +57.3% | 9,502,000 | $9.2M |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | Add +128.5% | 9,022,000 | $9.0M |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | Add +35.3% | 6,993,000 | $9.0M |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | Add +64.6% | 8,362,000 | $8.8M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Add +117.8% | 8,023,000 | $8.7M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Reduce -13.6% | 4,753,000 | $8.5M |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | Add +79.8% | 7,928,000 | $8.5M |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | New | 8,340,000 | $8.2M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Add +1.9% | 7,728,000 | $8.1M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Add +271.3% | 7,503,000 | $7.9M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Reduce -18.9% | 167,300 | $7.9M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -2.1% | 6,430 | $7.8M |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | New | 66,802 | $7.7M |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | New | 7,037,000 | $7.6M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -1.5% | 6,462 | $7.6M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | New | 6,298,000 | $7.3M |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | New | 6,567,000 | $7.2M |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | New | 7,965,000 | $7.1M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Sold out | 6,020,000 | $7.1Mbefore exit |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Add +55.0% | 5,892,000 | $7.1M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | New | 5,164,000 | $6.6M |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | Reduce -21.0% | 5,521,000 | $6.6M |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | Add +195.9% | 5,374,000 | $6.4M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Add +87.1% | 4,100,000 | $6.3M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Sold out | 6,427,000 | $6.1Mbefore exit |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Reduce -0.5% | 4,380,000 | $5.6M |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Add +101.4% | 4,309,000 | $5.4M |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | Add +153.7% | 4,816,000 | $5.3M |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | New | 5,276,000 | $5.3M |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | New | 5,493,000 | $5.3M |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | Add +73.5% | 5,311,000 | $5.0M |
Showing the first 50 of 216.
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 | 4,717 | $214.7B | NVDA, AAPL, MSFT, MU, AMZN |
| Q1 2026 | 4,919 | $156.4B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q4 2025 | 4,950 | $146.1B | NVDA, SPY, MSFT, AAPL, AVGO |
| Q3 2025 | 5,010 | $144.4B | NVDA, MSFT, TSLA, AAPL, AVGO |
| Q2 2025 | 4,669 | $143.4B | NVDA, MSFT, AAPL, AMZN, TSLA |
| Q1 2025 | 4,536 | $130.9B | NVDA, AAPL, MSFT, AMZN, TSLA |
| Q4 2024 | 4,756 | $103.7B | NVDA, AAPL, MSFT, TSLA, AMZN |
| Q3 2024 | 4,629 | $107.6B | NVDA, AAPL, MSFT, AMZN, TSLA |
| Q2 2024 | 4,563 | $103.5B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q1 2024 | 4,603 | $92.3B | MSFT, NVDA, AAPL, AMZN, GOOGL |