Commerzbank Aktiengesellschaft

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), Commerzbank Aktiengesellschaft reported 353 stock positions worth $4.8 billion. Its top holding was Alphabet Class A (GOOGL) at 7.5% of the portfolio, followed by Microsoft (MSFT, 7.4%) and Apple (AAPL, 5.8%). Compared with Q2 2025, it opened 18 new positions, sold out of 13, added to 168 and reduced 64. The biggest buy was Deutsche Bank AG-Registered (DB, shares +574%) and the biggest sale Microsoft (MSFT, shares −24%).

Most Recent 13F
Q2 2026
Location
FRANKFURT, 2M
CIK
0000852933
Portfolio Value
$4.8B (Q3 2025)
SEC Filing
0001683168-25-007863 ↗ filed Oct 31, 2025

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $3.0B Q1 2024 Q2 2024: $3.0B Q2 2024 Q3 2024: $3.8B Q3 2024 Q4 2024: $4.2B Q4 2024 Q1 2025: $4.3B Q1 2025 Q2 2025: $4.4B Q2 2025 Q3 2025: $4.8B $4.8B Q3 2025 Q4 2025: $4.9B Q4 2025 Q1 2026: $4.8B Q1 2026 Q2 2026: $5.0B Q2 2026

Holdings 353 stocks · $4.8B

GOOGL Alphabet Inc. Class A 7.46% 1,476,975 $359.1M Reduce -12.7%
MSFT Microsoft Corp. 7.36% 684,047 $354.3M Reduce -23.8%
AAPL Apple Inc. 5.85% 1,105,663 $281.5M Add +3.9%
AVGO Broadcom Inc. 3.61% 527,430 $174.0M Reduce -17.6%
V Visa Inc. Class A 3.52% 496,495 $169.5M Add +48.2%
NVDA Nvidia Corp. 3.47% 896,576 $167.3M Reduce -8.3%
JNJ Johnson & Johnson 3.30% 856,749 $158.9M Add +2.0%
JPM JPMorgan Chase & Co. 3.23% 493,400 $155.6M Reduce -5.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 3.19% 543,742 $153.4M Add +6.3%
KO The Coca-Cola Co. 2.86% 2,073,774 $137.5M Add +8.6%
CVX Chevron Corp. 2.71% 839,989 $130.4M Add +2.4%
MCD McDonald's Corp. 2.36% 373,483 $113.5M Add +2.5%
DB Deutsche Bank AG-Registered 2.30% 3,125,577 $110.7M Add +574.0%
CSCO Cisco Systems Inc. 2.26% 1,586,874 $108.6M Add +4.0%
META Meta Platforms Inc. Class A 2.19% 143,331 $105.3M Add +2.9%
T AT&T Inc. 2.19% 3,725,246 $105.2M Add +1.3%
AMZN Amazon.com Inc. 2.01% 440,380 $96.7M Reduce -0.7%
PG The Procter & Gamble Co. 1.83% 574,956 $88.3M Reduce -8.0%
XOM Exxon Mobil Corp. 1.64% 698,913 $78.8M Add +13.7%
QCOM Qualcomm Inc. 1.63% 472,843 $78.7M Add +1.7%
CAT Caterpillar Inc. 1.49% 150,507 $71.8M Reduce -10.1%
PANW Palo Alto Networks Inc. 1.48% 348,991 $71.1M Add +3.8%
HON Honeywell International Inc. 1.33% 303,382 $63.9M Add +4.6%
ORCL Oracle Corp. 1.08% 184,955 $52.0M Reduce -28.2%
HD Home Depot Inc. 1.06% 125,890 $51.0M Add +7.5%
GS Goldman Sachs Group Inc. 1.01% 60,817 $48.4M Add +10.3%
PEP Pepsico Inc. 0.96% 327,956 $46.1M Add +27.2%
AMGN Amgen Inc. 0.95% 162,098 $45.7M Reduce -50.3%
TMUS T-Mobile US Inc. 0.81% 161,911 $38.8M Reduce -1.7%
NFLX Netflix Inc. 0.69% 27,572 $33.1M Add +20.7%
ABT Abbott Laboratories 0.68% 245,168 $32.8M Add +9.3%
MA Mastercard Inc. Class A 0.67% 56,971 $32.4M Add +18.7%
MDLZ Mondelez International Inc. Class A 0.66% 506,407 $31.6M Add +12.6%
TMO Thermo Fisher Scientific Inc. 0.65% 64,033 $31.1M Reduce -11.0%
LLY Eli Lilly & Co. 0.63% 39,787 $30.4M Reduce -1.8%
WM Waste Management Inc. 0.61% 132,126 $29.2M Add +23.8%
MRK Merck & Co. Inc. 0.61% 347,249 $29.1M Add +75.1%
UNH Unitedhealth Group Inc. 0.53% 74,219 $25.6M Add +34.1%
GE General Electric filed as GE AEROSPACE 0.51% 81,109 $24.4M Add +7.3%
PYPL PayPal Holdings Inc. 0.51% 363,380 $24.4M Add +766.1%
BKNG Booking Holdings Inc. 0.48% 4,260 $23.0M Add +4.5%
ABBV Abbvie Inc. 0.43% 90,102 $20.9M Reduce -30.5%
CMCSA Comcast Corp. Class A 0.37% 566,203 $17.8M Add +6.4%
CME Cme Group Inc. 0.33% 58,892 $15.9M Add +18.4%
INTC Intel Corp. 0.32% 452,594 $15.2M Add +6.7%
ACN Accenture PLC Class A 0.32% 61,500 $15.2M Add +23.1%
VZ Verizon Communications Inc. 0.31% 340,605 $15.0M Add +26.4%
CRM Salesforce Inc. 0.31% 62,887 $14.9M Add +8.3%
GOOG Alphabet Inc. Class C 0.31% 60,892 $14.8M Reduce -6.1%
TXN Texas Instruments Inc. 0.30% 78,847 $14.5M Add +121.9%
BRK.B Berkshire Hathaway Inc. Class B 0.29% 28,210 $14.2M Add +3.0%
EQIX Equinix Inc. 0.28% 17,033 $13.3M Add +256.8%
PFE Pfizer Inc. 0.27% 517,602 $13.2M Add +13.8%
XYL Xylem Inc. 0.27% 88,604 $13.1M Add +0.2%
TSLA Tesla Inc. 0.26% 28,144 $12.5M Add +8.0%
DE Deere & Co. 0.25% 25,850 $11.8M Add +8.9%
AMT American Tower Corp. 0.25% 61,397 $11.8M Add +92.4%
FDX FedEx Corp. 0.23% 46,781 $11.0M Add +18.1%
TRV The Travelers Cos Inc. 0.21% 37,023 $10.3M Add +2.0%
WMT Walmart Inc. 0.21% 97,880 $10.1M Reduce -0.2%
SYK Stryker Corp. 0.21% 27,280 $10.1M Reduce -55.2%
UPS United Parcel Service Class B 0.20% 117,007 $9.8M Add +21.8%
COST Costco Wholesale Corp. 0.20% 10,250 $9.5M Add +4.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.19% 177,214 $9.1M Reduce -11.0%
USB US Bancorp 0.19% 186,317 $9.0M Reduce -11.2%
ADP Automatic Data Processing 0.19% 30,475 $8.9M Reduce -23.3%
WFC Wells Fargo & Co. 0.18% 102,542 $8.6M New
BLK BlackRock Inc. 0.18% 7,364 $8.6M Add +165.5%
ANET Arista Networks Inc. 0.18% 58,631 $8.5M Add +433.3%
MET Metlife Inc. 0.18% 102,962 $8.5M Reduce -33.6%
MNST Monster Beverage Corp. 0.17% 121,167 $8.2M Add +76.3%
AXP American Express Co. 0.17% 24,228 $8.0M Reduce -3.3%
DUK Duke Energy Corp. 0.17% 64,583 $8.0M Reduce -8.6%
KLAC KLA Corp. 0.16% 7,289 $7.9M Add +14.7%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.16% 72,376 $7.9M Reduce -6.0%
SBUX Starbucks Corp. 0.16% 90,113 $7.6M Add +51.8%
NKE Nike Inc. Class B 0.15% 105,278 $7.3M Reduce -4.4%
UNP Union Pacific Corp. 0.15% 30,302 $7.2M Add +26.9%
PLD Prologis Inc. 0.14% 57,583 $6.6M Add +27.0%
NEE Nextera Energy Inc. 0.14% 86,369 $6.5M Add +18.6%
AMAT Applied Materials Inc. 0.13% 31,511 $6.5M Add +12.0%
ADBE Adobe Inc. 0.13% 18,144 $6.4M Add +25.4%
LIN Linde PLC 0.13% 12,747 $6.1M Add +1.2%
AEP American Electric Power 0.12% 52,953 $6.0M Add +462.1%
HPQ HP Inc. 0.12% 218,557 $6.0M Add +21.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.12% 51,917 $5.9M Reduce -28.4%
CCI Crown Castle Inc. 0.12% 61,018 $5.9M Add +41.0%
KHC The Kraft Heinz Co. 0.12% 219,647 $5.7M Add +23.3%
COP Conocophillips 0.12% 59,969 $5.7M Add +46.3%
MS Morgan Stanley 0.11% 34,072 $5.4M New
KMB Kimberly-Clark Corp. 0.11% 42,691 $5.3M Add +53.2%
ISRG Intuitive Surgical Inc. 0.11% 11,802 $5.3M Add +6.8%
PSX Phillips 66 0.11% 38,257 $5.2M Add +29.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.11% 150,992 $5.2M Add +109.1%
INTU Intuit Inc. 0.11% 7,564 $5.2M Add +223.0%
CI The Cigna Group 0.10% 17,388 $5.0M Add +63.7%
ARE Alexandria Real Estate Equit 0.10% 59,458 $5.0M Add +41.4%
SNPS Synopsys Inc. 0.10% 9,980 $4.9M Reduce -7.7%
MCO Moody's Corp. 0.10% 9,910 $4.7M Add +6.8%
CVS CVS Health Corp. 0.10% 62,543 $4.7M Reduce -3.7%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.10% 141,935 $4.6M Add +127.1%
LOW Lowe's Cos Inc. 0.09% 17,676 $4.4M Add +25.8%
OMC Omnicom Group 0.09% 54,369 $4.4M Add +64.2%
NOW ServiceNow Inc. 0.09% 4,602 $4.2M Add +6.6%
CL Colgate-Palmolive Co. 0.08% 48,420 $3.9M Add +73.9%
CB Chubb Ltd. 0.08% 13,386 $3.8M Add +6.9%
PLTR Palantir Technologies Inc. Class A 0.08% 20,523 $3.7M Add +8.3%
MDT Medtronic PLC 0.08% 39,167 $3.7M Add +33.4%
ADI Analog Devices Inc. 0.08% 15,098 $3.7M Add +1.4%
ITW Illinois Tool Works 0.08% 14,075 $3.7M Add +18.6%
AMD Advanced Micro Devices 0.08% 22,393 $3.6M Reduce -7.3%
BDX Becton Dickinson and Co. 0.07% 18,844 $3.5M Add +55.0%
AFL Aflac Inc. 0.07% 31,549 $3.5M Add +121.7%
MELI MercadoLibre Inc. 0.07% 1,457 $3.4M Add +1189.4%
VRTX Vertex Pharmaceuticals Inc. 0.07% 8,575 $3.4M Reduce -12.9%
EMR Emerson Electric Co. 0.07% 25,197 $3.3M Add +15.9%
SHOP Shopify Inc. Class A 0.07% 22,100 $3.3M Add +59.0%
PRU Prudential Financial Inc. 0.07% 31,632 $3.3M Add +21.0%
JCI Johnson Controls Internation 0.07% 29,557 $3.3M Add +86.0%
HAL Halliburton Co. 0.07% 131,186 $3.2M Add +3.0%
HPE Hewlett Packard Enterprise 0.07% 128,019 $3.1M Reduce -13.1%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.06% 30,281 $3.1M Add +42.9%
ED Consolidated Edison Inc. 0.06% 30,606 $3.1M Add +45.3%
O Realty Income Corp. 0.06% 49,369 $3.0M Add +4.9%
XEL Xcel Energy Inc. 0.06% 35,346 $2.9M Add +18.9%
TFC Truist Financial Corp. 0.06% 61,957 $2.8M Add +12.9%
TGT Target Corp. 0.06% 31,071 $2.8M Add +29.4%
DELL Dell Technologies -C 0.06% 19,333 $2.7M Add +637.3%
ROK Rockwell Automation Inc. 0.06% 7,831 $2.7M Add +792.9%
TSCO Tractor Supply Company 0.06% 47,583 $2.7M Add +20.5%
STT State Street Corp. 0.06% 23,179 $2.7M Add +0.6%
PAYX Paychex Inc. 0.06% 20,926 $2.7M Add +60.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.05% 24,202 $2.6M Add +42.9%
GIS General Mills Inc. 0.05% 50,713 $2.6M Add +64.0%
CINF Cincinnati Financial Corp. 0.05% 16,092 $2.5M Add +11.1%
PPG PPG Industries Inc. 0.05% 23,630 $2.5M Add +194.0%
HIG Hartford Insurance Group Inc. 0.05% 18,599 $2.5M Add +2.5%
AWK American Water Works Co. Inc. 0.05% 17,764 $2.5M Add +199.3%
UBER Uber Technologies Inc. 0.05% 24,823 $2.4M Reduce -28.1%
PNC PNC Financial Services Group 0.05% 11,758 $2.4M Add +11.5%
KDP Keurig Dr Pepper Inc. 0.05% 92,237 $2.4M Add +91.0%
F Ford Motor Co. filed as FORD MTR CO 0.05% 195,357 $2.3M Reduce -18.0%
IPG Interpublic Group of Cos Inc. 0.05% 83,005 $2.3M Reduce -16.9%
CSX CSX Corp. 0.05% 64,740 $2.3M Add +14.4%
APD Air Products & Chemicals Inc. 0.05% 8,346 $2.3M Add +103.1%
NEM Newmont Corp. 0.05% 26,452 $2.2M Reduce -72.3%
KR Kroger Co. 0.04% 31,069 $2.1M Add +237.7%
SRE Sempra 0.04% 23,249 $2.1M Add +17.1%
MMM 3M Co. 0.04% 13,430 $2.1M Reduce -5.6%
VLO Valero Energy Corp. 0.04% 12,201 $2.1M Add +16.8%
ETN Eaton Corp. PLC 0.04% 5,490 $2.1M Add +1.4%
C Citigroup Inc. 0.04% 19,994 $2.0M Reduce -12.9%
ALL Allstate Corp. 0.04% 9,409 $2.0M Add +15.9%
HSY The Hershey Co. 0.04% 10,634 $2.0M Add +18.8%
HBAN Huntington Bancshares Inc. 0.04% 114,278 $2.0M Add +20.3%
CFG Citizens Financial Group 0.04% 37,104 $2.0M Reduce -6.6%
RF Regions Financial Corp. 0.04% 73,883 $1.9M Add +20.4%
OKE Oneok Inc. 0.04% 26,679 $1.9M Reduce -17.2%
PCAR Paccar Inc. 0.04% 19,715 $1.9M Add +213.2%
FAST Fastenal Co. 0.04% 39,422 $1.9M Add +603.2%
ADM Archer-Daniels-Midland Co. 0.04% 32,349 $1.9M Add +18.9%
PSA Public Storage 0.04% 6,637 $1.9M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.04% 9,640 $1.9M Add +18.9%
GEV GE Vernova Inc. 0.04% 3,048 $1.9M Add +3.8%
CTRA Coterra Energy Inc. 0.04% 76,764 $1.8M Add +92.1%
FANG Diamondback Energy Inc. 0.04% 12,673 $1.8M Add +233.8%
MU Micron Technology Inc. 0.04% 10,651 $1.8M Add +2.7%
CLX Clorox Company 0.04% 14,085 $1.7M Add +564.4%
WAT Waters Corp. 0.04% 5,714 $1.7M Add +4.0%
NSC Norfolk Southern Corp. 0.04% 5,608 $1.7M Add +50.9%
DKS Dick's Sporting Goods Inc. 0.03% 7,511 $1.7M Add +20.9%
SCHW Schwab (charles) Corp. 0.03% 17,285 $1.7M No change
BBY Best Buy Co. Inc. 0.03% 21,695 $1.6M Add +114.3%
APP AppLovin Corp. Class A 0.03% 2,252 $1.6M Add +111.7%
LRCX Lam Research Corp. 0.03% 11,907 $1.6M No change
DTE DTE Energy Company 0.03% 11,163 $1.6M Add +536.4%
EIX Edison International 0.03% 27,626 $1.5M Add +74.7%
SPGI S&P Global Inc. 0.03% 3,126 $1.5M No change
HR Healthcare Realty Trust Inc. 0.03% 83,839 $1.5M No change
SYY Sysco Corp. 0.03% 18,312 $1.5M Add +129.6%
HUM Humana Inc. 0.03% 5,627 $1.5M Reduce -10.4%
BSX Boston Scientific Corp. 0.03% 14,923 $1.5M Reduce -4.2%
FERG Ferguson Enterprises Inc. 0.03% 6,474 $1.5M Add +19.0%
ICE Intercontinental Exchange Inc. 0.03% 8,619 $1.5M Reduce -4.3%
PEG Public Service Enterprise GP 0.03% 17,257 $1.4M Add +50.5%
WDAY Workday Inc. Class A 0.03% 5,921 $1.4M Reduce -4.8%
GILD Gilead Sciences Inc. 0.03% 12,471 $1.4M New
EBAY eBay Inc. 0.03% 14,911 $1.4M Add +18.9%
PH Parker Hannifin Corp. 0.03% 1,787 $1.4M Add +1.7%
SPG Simon Property Group Inc. 0.03% 7,170 $1.3M Add +15.1%
CMI Cummins Inc. 0.03% 3,171 $1.3M Add +16.5%
DRI Darden Restaurants Inc. 0.03% 6,937 $1.3M Add +523.8%
GPC Genuine Parts Co. 0.03% 9,414 $1.3M Add +20.0%
MAA Mid-America Apartment Comm 0.03% 9,261 $1.3M Add +68.1%
FITB Fifth Third Bancorp 0.03% 29,029 $1.3M Add +19.0%
AVY Avery Dennison Corp. 0.03% 7,886 $1.3M Add +88.6%
KVUE Kenvue Inc. 0.03% 78,668 $1.3M Add +433.0%
SBAC SBA Communications Corp. 0.03% 6,578 $1.3M Add +11.3%
APH Amphenol Corp. Class A 0.03% 10,247 $1.3M Add +6.3%
ATO Atmos Energy Corp. 0.03% 7,264 $1.2M New
WELL Welltower Inc. 0.03% 6,840 $1.2M Add +18.2%
DHR Danaher Corp. 0.03% 6,140 $1.2M Reduce -4.9%
AMCR Amcor PLC 0.02% 144,887 $1.2M Add +219.8%
BG Bunge Global SA 0.02% 14,482 $1.2M Add +107.2%
COF Capital One Financial Corp. 0.02% 5,467 $1.2M No change
MPT Medical Properties Trust Inc. 0.02% 229,118 $1.2M Add +21.7%
TAP Molson Coors Beverage Co. Class B 0.02% 25,628 $1.2M Add +61.4%
MRSH Marsh & McLennan Cos 0.02% 5,659 $1.1M Reduce -76.9%
MAS Masco Corp. 0.02% 16,184 $1.1M Add +76.9%
TSM Taiwan Semiconductor-SP ADR 0.02% 3,994 $1.1M Add +33.4%
TDG Transdigm Group Inc. 0.02% 845 $1.1M No change
OC Owens Corning 0.02% 7,771 $1.1M Add +288.2%
WTRG Essential Utilities Inc. 0.02% 27,263 $1.1M New
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.02% 8,378 $1.1M No change
DVN Devon Energy Corp. 0.02% 30,171 $1.1M Add +84.8%
CEG Constellation Energy 0.02% 3,172 $1.0M No change
PGR Progressive Corp. 0.02% 4,226 $1.0M No change
SO The Southern Co. 0.02% 10,766 $1.0M No change
TT Trane Technologies PLC 0.02% 2,356 $995K No change
CDNS Cadence Design SYS Inc. 0.02% 2,815 $989K No change
BX Blackstone Inc. 0.02% 5,764 $985K No change
ELV Elevance Health Inc. 0.02% 2,960 $957K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.02% 6,410 $927K Reduce -52.8%
EXC Exelon Corp. 0.02% 18,526 $834K No change
CNC Centene Corp. 0.02% 22,997 $821K Add +37.3%
EOG EOG Resources Inc. 0.02% 7,150 $802K No change
DOC Healthpeak Properties Inc. 0.02% 41,436 $794K No change
TEL Te Connectivity PLC 0.02% 3,565 $783K No change
CRWD CrowdStrike Holdings Inc. Class A 0.02% 1,585 $778K No change
ORLY O'reilly Automotive Inc. 0.02% 7,155 $772K No change
HLT Hilton Worldwide Holdings Inc. 0.02% 2,912 $756K Reduce -2.1%
FISV Fiserv Inc. 0.02% 5,729 $739K Add +11.3%
AON Aon PLC Class A 0.02% 2,060 $735K No change
SHW The Sherwin-Williams Co. 0.02% 2,105 $729K No change
HCA HCA Healthcare Inc. 0.01% 1,596 $681K Reduce -4.4%
ABNB Airbnb Inc. Class A 0.01% 5,589 $679K No change
VST Vistra Corp. 0.01% 3,384 $663K Reduce -3.8%
AZO AutoZone Inc. 0.01% 154 $661K Reduce -45.0%
BMY Bristol-Myers Squibb Co. 0.01% 14,457 $653K Reduce -46.6%
PM Philip Morris International 0.01% 4,012 $651K No change
GLPI Gaming and Leisure Propertie 0.01% 13,834 $645K No change
APO Apollo Global Management Inc. 0.01% 4,802 $640K No change
PCG P G & E Corp. 0.01% 41,592 $628K Add +19.3%
RSG Republic Services Inc. 0.01% 2,724 $626K No change
RCL Royal Caribbean Cruises Ltd. 0.01% 1,931 $625K No change
D Dominion Energy Inc. 0.01% 10,125 $620K No change
DASH DoorDash Inc. Class A 0.01% 2,161 $588K Add +30.6%
IDXX Idexx Laboratories Inc. 0.01% 918 $587K No change
URI United Rentals Inc. 0.01% 605 $578K No change
MCK McKesson Corp. 0.01% 745 $576K No change
CPB The Campbell's Company 0.01% 17,882 $565K Reduce -72.7%
WPC WP Carey Inc. 0.01% 8,280 $560K No change
WMB Williams Cos Inc. 0.01% 8,831 $560K No change
ADSK Autodesk Inc. 0.01% 1,759 $559K No change
STX Seagate Technology Holdings 0.01% 2,351 $555K No change
COIN Coinbase Global Inc. Class A 0.01% 1,595 $539K Add +4.3%
MPC Marathon Petroleum Corp. 0.01% 2,712 $523K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.01% 1,681 $521K No change
OXY Occidental Petroleum Corp. 0.01% 10,939 $517K No change
KMI Kinder Morgan Inc. 0.01% 18,119 $513K No change
HOOD Robinhood Markets Inc. Class A 0.01% 3,567 $511K New
BABA Alibaba Group Holding-SP ADR 0.01% 2,815 $503K Reduce -4.0%
RTX RTX Corp. 0.01% 2,922 $489K No change
CBRE CBRE Group Inc. Class A 0.01% 3,079 $486K No change
AMX America Movil Sab DE CV 0.01% 23,028 $484K No change
MAR Marriott International Class A 0.01% 1,855 $484K No change
ELS Equity Lifestyle Properties 0.01% 7,754 $471K No change
KKR KKR & Co. Inc. 0.01% 3,598 $468K No change
MSI Motorola Solutions Inc. 0.01% 1,009 $462K No change
ZTS Zoetis Inc. 0.01% 3,081 $451K No change
FCX Freeport-McMoran Inc. 0.01% 11,444 $449K No change
INVH Invitation Homes Inc. 0.01% 15,292 $449K No change
PWR Quanta Services Inc. 0.01% 1,077 $446K Reduce -20.3%
DLR Digital Realty Trust Inc. 0.01% 2,570 $445K Add +33.9%
ECL Ecolab Inc. 0.01% 1,610 $441K Reduce -8.6%
GM General Motors Co. 0.01% 6,941 $424K No change
DD Dupont DE Nemours Inc. 0.01% 5,399 $421K No change
GRMN Garmin Ltd. 0.01% 1,704 $420K No change
MSCI MSCI Inc. 0.01% 725 $412K No change
VMC Vulcan Materials Co. 0.01% 1,329 $409K No change
CTAS Cintas Corp. 0.01% 1,955 $402K No change
COR Cencora Inc. 0.01% 1,282 $401K Add +7.5%
NXPI NXP Semiconductors NV 0.01% 1,759 $401K No change
MCHP Microchip Technology Inc. 0.01% 6,126 $394K No change
HWM Howmet Aerospace Inc. 0.01% 2,001 $393K No change
EW Edwards Lifesciences Corp. 0.01% 4,980 $388K No change
CPRT Copart Inc. 0.01% 8,417 $379K No change
NDAQ Nasdaq Inc. 0.01% 4,251 $377K Add +4.6%
AME Ametek Inc. 0.01% 1,972 $371K No change
WBD Warner Bros Discovery Inc. 0.01% 18,916 $370K Add +5.2%
VRSK Verisk Analytics Inc. 0.01% 1,419 $357K No change
ROST Ross Stores Inc. 0.01% 2,320 $354K No change
BBD Banco Bradesco-ADR 0.01% 104,208 $353K No change
TRGP Targa Resources Corp. 0.01% 1,989 $334K No change
FTNT Fortinet Inc. 0.01% 3,951 $333K No change
TTWO Take-Two Interactive Softwre 0.01% 1,285 $332K Reduce -3.8%
ACGL Arch Capital Group Ltd. 0.01% 3,653 $332K No change
EA Electronic Arts Inc. 0.01% 1,622 $328K Reduce -4.8%
ROP Roper Technologies Inc. 0.01% 652 $326K No change
NRG NRG Energy Inc. 0.01% 2,004 $325K No change
REGN Regeneron Pharmaceuticals 0.01% 578 $325K Reduce -3.8%
AMH American Homes 4 Rent- A 0.01% 9,565 $319K No change
VTR Ventas Inc. 0.01% 4,546 $319K No change
AXON Axon Enterprise Inc. 0.01% 439 $316K Add +4.5%
AMP Ameriprise Financial Inc. 0.01% 641 $315K No change
WEC WEC Energy Group Inc. 0.01% 2,729 $313K No change
GLW Corning Inc. 0.01% 3,781 $311K New
CTVA Corteva Inc. 0.01% 4,580 $310K No change
MPWR Monolithic Power Systems Inc. 0.01% 330 $304K No change
RMD Resmed Inc. 0.01% 1,089 $299K No change
CCL Carnival Corp. 0.01% 10,182 $295K No change
BKR Baker Hughes Co. 0.01% 5,883 $287K Reduce -34.4%
YUM Yum! Brands Inc. 0.01% 1,859 $283K No change
UAL United Airlines Holdings Inc. 0.01% 2,922 $282K No change
SYF Synchrony Financial 0.01% 3,933 $280K No change
LYV Live Nation Entertainment Inc. 0.01% 1,700 $278K No change
A Agilent Technologies Inc. 0.01% 2,144 $276K No change
BIDU Baidu Inc. - Spon ADR 0.01% 2,069 $273K New
DDOG Datadog Inc. Class A 0.01% 1,903 $271K New
CHTR Charter Communications Inc. Class A 0.01% 981 $270K No change
LH Labcorp Holdings Inc. 0.01% 920 $265K No change
CMG Chipotle Mexican Grill Inc. 0.01% 6,715 $264K No change
CMS CMS Energy Corp. 0.01% 3,566 $262K No change
INCY Incyte Corp. 0.01% 3,087 $262K No change
WTW Willis Towers Watson PLC 0.01% 750 $260K No change
L Loews Corp. 0.01% 2,565 $258K No change
EVRG Evergy Inc. 0.01% 3,239 $247K No change
CSGP Costar Group Inc. 0.01% 2,912 $246K New
EME Emcor Group Inc. 0.01% 367 $239K New
GEHC GE Healthcare Technology 0.00% 3,166 $238K Reduce -0.5%
CARR Carrier Global Corp. 0.00% 3,937 $236K No change
LEN Lennar Corp. Class A 0.00% 1,852 $234K No change
IR Ingersoll-Rand Inc. 0.00% 2,812 $233K Reduce -7.1%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.00% 2,280 $233K No change
MO Altria Group Inc. 0.00% 3,489 $231K No change
DOV Dover Corp. 0.00% 1,380 $231K No change
DHI D.R. Horton Inc. 0.00% 1,356 $230K New
WY Weyerhaeuser Co. 0.00% 9,280 $230K Reduce -10.6%
FIS Fidelity National Info Serv 0.00% 3,401 $225K No change
AEE Ameren Corporation 0.00% 2,103 $220K Reduce -70.7%
HUBB Hubbell Inc. 0.00% 508 $219K No change
APTV Aptiv PLC 0.00% 2,467 $213K New
AIG American International Group 0.00% 2,699 $212K Reduce -6.7%
PHM Pultegroup Inc. 0.00% 1,594 $211K New
BRO Brown & Brown Inc. 0.00% 2,217 $208K Add +13.6%
NOC Northrop Grumman Corp. 0.00% 341 $208K New
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.00% 217 $207K No change
LDOS Leidos Holdings Inc. 0.00% 1,090 $206K New
ZBH Zimmer Biomet Holdings Inc. 0.00% 2,041 $202K New
KEY Keycorp 0.00% 10,511 $197K No change
VTRS Viatris Inc. 0.00% 17,276 $171K No change
ABEV Ambev SA-ADR 0.00% 73,961 $165K No change
SPOTIFY USA INC (SPOT 0 03/15/26) 0.00% 502 $351 New

Options reported separately and not counted above: CISCO SYS INC puts ($21K).

Portfolio Sells Q2 2025 → Q3 2025

MSFT Microsoft Corp. Reduce -23.8% 7.36% −2.88
AMGN Amgen Inc. Reduce -50.3% 0.95% −1.13
PG The Procter & Gamble Co. Reduce -8.0% 1.83% −0.45
AVGO Broadcom Inc. Reduce -17.6% 3.61% −0.43
SYK Stryker Corp. Reduce -55.2% 0.21% −0.34
JPM JPMorgan Chase & Co. Reduce -5.6% 3.23% −0.24
AMZN Amazon.com Inc. Reduce -0.7% 2.01% −0.22
ORCL Oracle Corp. Reduce -28.2% 1.08% −0.21
ABBV Abbvie Inc. Reduce -30.5% 0.43% −0.12
MET Metlife Inc. Reduce -33.6% 0.18% −0.11
MRSH Marsh & McLennan Cos Reduce -76.9% 0.02% −0.10
ADP Automatic Data Processing Reduce -23.3% 0.19% −0.10
TMUS T-Mobile US Inc. Reduce -1.7% 0.81% −0.09
LLY Eli Lilly & Co. Reduce -1.8% 0.63% −0.09
DIS The Walt Disney Co. Reduce -28.4% 0.12% −0.08
NEM Newmont Corp. Reduce -72.3% 0.05% −0.08
NVDA Nvidia Corp. Reduce -8.3% 3.47% −0.06
CPB The Campbell's Company Reduce -72.7% 0.01% −0.03
VRTX Vertex Pharmaceuticals Inc. Reduce -12.9% 0.07% −0.03
USB US Bancorp Reduce -11.2% 0.19% −0.03
NKE Nike Inc. Class B Reduce -4.4% 0.15% −0.03
BAC Bank of America Corp. Reduce -11.0% 0.19% −0.03
DUK Duke Energy Corp. Reduce -8.6% 0.17% −0.03
SNPS Synopsys Inc. Reduce -7.7% 0.10% −0.02
CAG Conagra Brands Inc. Sold out 0.00% −0.02
TMO Thermo Fisher Scientific Inc. Reduce -11.0% 0.65% −0.02
UBER Uber Technologies Inc. Reduce -28.1% 0.05% −0.02
OKE Oneok Inc. Reduce -17.2% 0.04% −0.02
TJX TJX Companies Inc. Reduce -52.8% 0.02% −0.02
AXP American Express Co. Reduce -3.3% 0.17% −0.02
BMY Bristol-Myers Squibb Co. Reduce -46.6% 0.01% −0.02
AFG American Financial Group Inc. Sold out 0.00% −0.01
AEE Ameren Corporation Reduce -70.7% 0.00% −0.01
F Ford Motor Co. Reduce -18.0% 0.05% −0.01
WMT Walmart Inc. Reduce -0.2% 0.21% −0.01
AZO AutoZone Inc. Reduce -45.0% 0.01% −0.01
SJM The JM Smucker Co. Reduce -6.0% 0.16% −0.01
SPOT Spotify Technology SA Sold out 0.00% −0.01
BXP BXP Inc. Sold out 0.00% −0.01
BSX Boston Scientific Corp. Reduce -4.2% 0.03% −0.01
IPG Interpublic Group of Cos Inc. Reduce -16.9% 0.05% −0.01
VMRK Vivmark Residential Sold out 0.00% −0.01
ICE Intercontinental Exchange Inc. Reduce -4.3% 0.03% −0.01
MMM 3M Co. Reduce -5.6% 0.04% −0.01
PARAA Paramount Global Class B Sold out 0.00% −0.01
DXCM Dexcom Inc. Sold out 0.00% −0.01
HES Hess Corp. Sold out 0.00% −0.01
ANSS Ansys Inc. Sold out 0.00% −0.01
MKC McCormick & Co.-Non VTG SHRS Sold out 0.00% −0.01
DG Dollar General Corp. Sold out 0.00% −0.01

Portfolio Buys Q2 2025 → Q3 2025

DB Deutsche Bank AG-Registered Add +574.0% 2.30% +1.99
AAPL Apple Inc. Add +3.9% 5.85% +0.85
V Visa Inc. Class A Add +48.2% 3.52% +0.79
PYPL PayPal Holdings Inc. Add +766.1% 0.51% +0.43
JNJ Johnson & Johnson Add +2.0% 3.30% +0.36
MRK Merck & Co. Inc. Add +75.1% 0.61% +0.25
EQIX Equinix Inc. Add +256.8% 0.28% +0.19
WFC Wells Fargo & Co. New 0.18% +0.18
PEP Pepsico Inc. Add +27.2% 0.96% +0.18
ANET Arista Networks Inc. Add +433.3% 0.18% +0.15
UNH Unitedhealth Group Inc. Add +34.1% 0.53% +0.14
TXN Texas Instruments Inc. Add +121.9% 0.30% +0.13
XOM Exxon Mobil Corp. Add +13.7% 1.64% +0.12
MS Morgan Stanley New 0.11% +0.11
GS Goldman Sachs Group Inc. Add +10.3% 1.01% +0.11
BLK BlackRock Inc. Add +165.5% 0.18% +0.11
AEP American Electric Power Add +462.1% 0.12% +0.10
INTC Intel Corp. Add +6.7% 0.32% +0.10
AMT American Tower Corp. Add +92.4% 0.25% +0.08
HD Home Depot Inc. Add +7.5% 1.06% +0.08
MNST Monster Beverage Corp. Add +76.3% 0.17% +0.07
TSLA Tesla Inc. Add +8.0% 0.26% +0.07
INTU Intuit Inc. Add +223.0% 0.11% +0.07
MELI MercadoLibre Inc. Add +1189.4% 0.07% +0.06
GE General Electric Add +7.3% 0.51% +0.06
MA Mastercard Inc. Class A Add +18.7% 0.67% +0.06
SLB SLB Ltd. Add +109.1% 0.11% +0.05
ROK Rockwell Automation Inc. Add +792.9% 0.06% +0.05
DELL Dell Technologies -C Add +637.3% 0.06% +0.05
VICI Vici Properties Inc. Add +127.1% 0.10% +0.05
WM Waste Management Inc. Add +23.8% 0.61% +0.05
VZ Verizon Communications Inc. Add +26.4% 0.31% +0.04
AFL Aflac Inc. Add +121.7% 0.07% +0.04
OMC Omnicom Group Add +64.2% 0.09% +0.04
FAST Fastenal Co. Add +603.2% 0.04% +0.03
SBUX Starbucks Corp. Add +51.8% 0.16% +0.03
COP Conocophillips Add +46.3% 0.12% +0.03
ARE Alexandria Real Estate Equit Add +41.4% 0.10% +0.03
KLAC KLA Corp. Add +14.7% 0.16% +0.03
AWK American Water Works Co. Inc. Add +199.3% 0.05% +0.03
SHOP Shopify Inc. Class A Add +59.0% 0.07% +0.03
PPG PPG Industries Inc. Add +194.0% 0.05% +0.03
CLX Clorox Company Add +564.4% 0.04% +0.03
JCI Johnson Controls Internation Add +86.0% 0.07% +0.03
GILD Gilead Sciences Inc. New 0.03% +0.03
KR Kroger Co. Add +237.7% 0.04% +0.03
KMB Kimberly-Clark Corp. Add +53.2% 0.11% +0.03
PLD Prologis Inc. Add +27.0% 0.14% +0.03
DTE DTE Energy Company Add +536.4% 0.03% +0.03
PSX Phillips 66 Add +29.6% 0.11% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 347$5.0BGOOGL, MSFT, AAPL, CSCO, IBM
Q1 2026 354$4.8BMSFT, GOOGL, AAPL, CVX, CSCO
Q4 2025 374$4.9BGOOGL, MSFT, AAPL, IBM, JNJ
Q3 2025 353$4.8BGOOGL, MSFT, AAPL, AVGO, V
Q2 2025 348$4.4BMSFT, GOOGL, AAPL, AVGO, NVDA
Q1 2025 349$4.3BMSFT, GOOGL, AAPL, AVGO, META
Q4 2024 334$4.2BMSFT, GOOGL, AVGO, AAPL, PG
Q3 2024 303$3.8BMSFT, GOOGL, NVDA, AVGO, META
Q2 2024 243$3.0BMSFT, GOOGL, NVDA, AMZN, META
Q1 2024 245$3.0BMSFT, GOOGL, AMZN, JNJ, NVDA