Credit Industriel Et Commercial
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 29, 2026), Credit Industriel Et Commercial reported 202 stock positions worth $567.8 million. Its top holding was Alphabet Class C (GOOG) at 9.3% of the portfolio, followed by Carnival PLC-ADR (CUK, 2.7%) and Arcellx (ACLX, 2.7%). Compared with Q4 2025, it opened 71 new positions, sold out of 67, added to 75 and reduced 36. The biggest buy was Alphabet Class C (GOOG, shares +218%) and the biggest sale an exit from Amazon.com (AMZN).
- Most Recent 13F
- Q2 2026
- Location
- PARIS FRANCE, I0
- CIK
- 0001274419
- Portfolio Value
- $567.8M (Q1 2026)
- SEC Filing
- 0001274419-26-000005 ↗ filed Apr 29, 2026
Holdings Value
Holdings 202 stocks · $567.8M
| GOOG Alphabet Inc. Class C | 9.33% | 184,735 | $53.0M | Add +217.9% |
| CUK Carnival PLC-ADR | 2.73% | 602,182 | $15.5M | Add +385.8% |
| ACLX Arcellx Inc. | 2.72% | 134,648 | $15.5M | New |
| HOLX Hologic Inc. | 2.72% | 204,250 | $15.4M | Add +38.7% |
| FOX Fox Corp. Class B | 2.29% | 245,176 | $13.0M | Reduce -5.6% |
| CSGS CSG Systems Intl Inc. | 2.10% | 148,867 | $11.9M | Add +97.3% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 2.09% | 182,350 | $11.8M | Add +748.1% |
| FOLD Amicus Therapeutics Inc. | 1.97% | 771,948 | $11.2M | Add +221.7% |
| IWM iShares Russell 2000 ETF | 1.81% | 41,342 | $10.3M | Add +356.3% |
| KVUE Kenvue Inc. | 1.65% | 543,251 | $9.4M | Add +343.5% |
| EA Electronic Arts Inc. | 1.64% | 45,785 | $9.3M | Add +284.8% |
| BIPC Brookfield Infrastructure-A | 1.63% | 233,650 | $9.2M | New |
| UAA Under Armour Inc. Class A | 1.60% | 1,536,404 | $9.1M | New |
| TXNM TXNM Energy Inc. | 1.59% | 154,653 | $9.0M | Add +23.4% |
| OS Onestream Inc. | 1.54% | 365,500 | $8.8M | New |
| GTLS Chart Industries Inc. | 1.54% | 42,348 | $8.8M | Add +298.6% |
| WBD Warner Bros Discovery Inc. | 1.53% | 317,251 | $8.7M | Add +51.1% |
| PEN Penumbra Inc. | 1.49% | 25,817 | $8.5M | New |
| BHF Brighthouse Financial Inc. | 1.45% | 137,276 | $8.2M | Reduce -11.6% |
| XLK SS Technology Select Sector | 1.35% | 57,706 | $7.7M | Add +112.8% |
| FXI iShares China Large-Cap ETF | 1.34% | 212,109 | $7.6M | Add +450.4% |
| CWAN Clearwater Analytics HDS-A | 1.30% | 311,432 | $7.4M | New |
| WBS Webster Financial Corp. | 1.29% | 105,221 | $7.3M | New |
| PRA Proassurance Corp. | 1.28% | 294,874 | $7.3M | Reduce -15.0% |
| LBTYK Liberty Global Ltd. Class C | 1.19% | 574,930 | $6.7M | No change |
| HEI.A Heico Corp. Class A | 1.14% | 30,544 | $6.4M | Add +83.3% |
| AAUC Allied Gold Corp. | 1.13% | 207,217 | $6.4M | New |
| SMH Vaneck Semiconductor ETF | 1.06% | 15,769 | $6.0M | Reduce -13.7% |
| JHG Janus Henderson Group PLC | 1.05% | 116,300 | $6.0M | New |
| RYAAY Ryanair Holdings PLC-SP ADR | 1.02% | 99,841 | $5.8M | Reduce -48.9% |
| XLF SS Financial Select Sector | 0.98% | 113,035 | $5.6M | Add +274.1% |
| TECK Teck Resources Ltd.-CLS B | 0.96% | 105,200 | $5.4M | New |
| BEP Brookfield Renewable Partner | 0.95% | 165,530 | $5.4M | Reduce -60.2% |
| KRE SS SPDR S&P Regional Bank | 0.94% | 82,248 | $5.4M | Add +63.2% |
| AAPL Apple Inc. | 0.94% | 21,058 | $5.3M | Add +49.9% |
| KBE SS SPDR S&P Bank ETF | 0.91% | 87,134 | $5.2M | Add +1244671.4% |
| SEE Sealed Air Corp. | 0.87% | 117,603 | $4.9M | Add +572.0% |
| NWSA News Corp. Class A | 0.86% | 195,326 | $4.9M | Add +101.1% |
| TERN Terns Pharmaceuticals Inc. | 0.84% | 90,236 | $4.8M | New |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.82% | 104,698 | $4.7M | Add +57.8% |
| XBI SS SPDR S&P Biotech ETF | 0.80% | 35,633 | $4.6M | Add +87.8% |
| NATH Nathan's Famous Inc. | 0.76% | 42,814 | $4.3M | New |
| QRVO Qorvo Inc. | 0.75% | 54,845 | $4.2M | Reduce -11.3% |
| EFA iShares MSCI Eafe ETF | 0.73% | 42,843 | $4.2M | Add +1057.6% |
| MASI Masimo Corp. | 0.72% | 23,050 | $4.1M | New |
| EWZ iShares MSCI Brazil ETF | 0.71% | 105,206 | $4.0M | New |
| GDOT Green Dot Corp. Class A | 0.68% | 345,000 | $3.9M | Add +245.0% |
| SWKH SWK Holdings Corp. filed as SWK HLDGS CORP | 0.67% | 225,000 | $3.8M | Add +80.0% |
| PKST Peakstone Realty Trust | 0.66% | 180,000 | $3.8M | New |
| IHS Ihs Holding Ltd. | 0.66% | 455,302 | $3.7M | New |
| KWEB Kranesh Csi China Internet | 0.65% | 128,807 | $3.7M | Add +111.6% |
| NVRI Enviri Corp. | 0.62% | 180,000 | $3.5M | Add +38.5% |
| FFWM First Foundation Inc. | 0.60% | 580,462 | $3.4M | Add +20.9% |
| LBRDA Liberty Broadband-A | 0.59% | 66,372 | $3.3M | No change |
| ELME Elme Communities | 0.58% | 1,625,516 | $3.3M | Add +702.7% |
| ALC Alcon Inc. filed as ALCON AG | 0.57% | 43,578 | $3.2M | Reduce -29.7% |
| ABT Abbott Laboratories | 0.56% | 30,797 | $3.2M | Add +67.8% |
| EEM iShares MSCI Emerging Market | 0.52% | 52,031 | $3.0M | Add +438.6% |
| DAWN Day One Biopharmaceuticals I | 0.51% | 135,420 | $2.9M | New |
| GRFS Grifols SA-ADR | 0.51% | 361,455 | $2.9M | No change |
| UBS UBS Group AG-Reg | 0.50% | 74,087 | $2.8M | Add +365.1% |
| SOXX iShares Semiconductor ETF | 0.50% | 8,652 | $2.8M | Add +27809.7% |
| MCW Mister Car Wash Inc. | 0.49% | 401,600 | $2.8M | New |
| SEM Select Medical Holdings Corp. | 0.48% | 167,503 | $2.7M | New |
| MET Metlife Inc. | 0.45% | 35,814 | $2.5M | Add +76.7% |
| RACE Ferrari NV | 0.44% | 7,561 | $2.5M | Add +118.8% |
| XLE SS Energy Select Sector | 0.43% | 40,209 | $2.5M | Reduce -82.9% |
| EWT iShares MSCI Taiwan ETF | 0.43% | 34,614 | $2.5M | New |
| BMRN Biomarin Pharmaceutical Inc. | 0.40% | 40,013 | $2.3M | No change |
| EWCZ European Wax Center Inc. Class A | 0.40% | 390,803 | $2.3M | New |
| TALK Talkspace Inc. | 0.40% | 435,200 | $2.3M | New |
| EHAB Enhabit Inc. | 0.39% | 158,744 | $2.2M | New |
| BIRK Birkenstock Holding PLC | 0.36% | 57,000 | $2.0M | Add +87.6% |
| CCO Clear Channel Outdoor Holdin | 0.35% | 847,960 | $2.0M | New |
| LOGI Logitech International-Reg | 0.35% | 22,189 | $2.0M | Add +90.3% |
| ONTF ON24 Inc. | 0.35% | 246,639 | $2.0M | New |
| DHIL Diamond Hill Investment Grp | 0.35% | 11,600 | $2.0M | Add +31.8% |
| ZG Zillow Group Inc. Class A | 0.35% | 47,873 | $2.0M | New |
| STKL Sunopta Inc. | 0.34% | 300,000 | $1.9M | New |
| TPH Tri Pointe Homes Inc. | 0.34% | 41,500 | $1.9M | New |
| IMXI International Money Express | 0.34% | 122,059 | $1.9M | Add +69.5% |
| XLY SS Consumer Disc Select Sect | 0.33% | 17,192 | $1.9M | Add +127.4% |
| LION Lionsgate Studios Corp. | 0.33% | 192,895 | $1.8M | No change |
| AMWD American Woodmark Corp. | 0.32% | 45,930 | $1.8M | Add +24.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.31% | 38,804 | $1.8M | New |
| GDEN Golden Entertainment Inc. | 0.31% | 66,280 | $1.8M | Add +43.2% |
| ABBV Abbvie Inc. | 0.30% | 7,875 | $1.7M | New |
| IJH iShares Core S&P Midcap ETF | 0.30% | 25,330 | $1.7M | Add +7.0% |
| TT Trane Technologies PLC | 0.30% | 4,058 | $1.7M | Reduce -15.5% |
| MELI MercadoLibre Inc. | 0.28% | 936 | $1.6M | Add +26.8% |
| AXON Axon Enterprise Inc. | 0.28% | 3,734 | $1.6M | Add +154.7% |
| SRG Seritage Growth Prop- A | 0.28% | 561,648 | $1.6M | No change |
| BILL Bill Holdings Inc. | 0.27% | 40,000 | $1.5M | New |
| FWONK Liberty Media Corp. Class C | 0.27% | 17,900 | $1.5M | New |
| BKNG Booking Holdings Inc. | 0.26% | 357 | $1.5M | Add +131.8% |
| F Ford Motor Co. filed as FORD MTR CO | 0.26% | 129,182 | $1.5M | Add +387.1% |
| FONR Fonar Corp. | 0.26% | 79,200 | $1.5M | New |
| SLAB Silicon Laboratories Inc. | 0.25% | 6,880 | $1.4M | New |
| KBWB Invesco KBW Bank ETF | 0.25% | 17,723 | $1.4M | New |
| SIRI Sirius XM Holdings Inc. | 0.25% | 60,385 | $1.4M | No change |
Options reported separately and not counted above: XLE puts ($75.1M), IWM puts ($53.3M), SMH puts ($46.4M), XOP puts ($31.4M), XBI puts ($29.3M), KRE puts ($27.4M), AAPL puts ($19.2M), XLK puts ($18.5M), KBE puts ($17.9M), FXI puts ($17.6M), EWZ puts ($17.5M), QQQ puts ($17.3M), and 109 more.
Other holdings (26): bonds, preferreds, convertibles and warrants · $59.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 7,000,000 | $7.0M | No change |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | 6,556,000 | $6.6M | Add +31.1% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 6,500,000 | $6.5M | No change |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 4,500,000 | $4.5M | Add +80.0% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 4,000,000 | $4.0M | Reduce -68.0% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 4,000,000 | $4.0M | No change |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 4,000,000 | $4.0M | Reduce -52.9% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 3,627,000 | $3.6M | Reduce -45.3% |
| IQIYI INC (IQ 4.625 03/15/30) | NOTE 4.625% 3/1 · principal | 3,000,000 | $3.0M | New |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 2,500,000 | $2.5M | No change |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 2,500,000 | $2.5M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 2,000,000 | $2.0M | Reduce -60.0% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 2,000,000 | $2.0M | Reduce -60.0% |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 2,000,000 | $2.0M | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | 1,750,000 | $1.8M | No change |
| NEXTERA ENERGY INC (NEE 7.375 02/15/29) | UNIT 02/15/2029 | 775,000 | $775K | New |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 650,000 | $650K | Add +18.2% |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 625,000 | $625K | Add +31.6% |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | 525,000 | $525K | New |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 475,000 | $475K | Reduce -24.0% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 325,000 | $325K | Add +18.2% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 225,000 | $225K | No change |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 150,000 | $150K | Reduce -68.8% |
| NOVANTA INC (NOVT 6.5 11/01/28) | UNIT 11/01/2028 | 130,000 | $130K | New |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 125,000 | $125K | No change |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 11,820 | $6K | No change |
Total filed on the 13F, all lines: $627.7M.
Portfolio Sells Q4 2025 → Q1 2026
| AMZN Amazon.com Inc. | Sold out | 0.00% | −2.83 |
| RNAM Avidity Biosciences Inc. | Sold out | 0.00% | −2.78 |
| AVDL Avadel Pharmaceuticals Ltd. | Sold out | 0.00% | −2.58 |
| DAY Dayforce Inc. | Sold out | 0.00% | −2.47 |
| RYAAY Ryanair Holdings PLC-SP ADR | Reduce -48.9% | 1.02% | −2.22 |
| FYBR Frontier Communications Pare | Sold out | 0.00% | −2.21 |
| XLE SS Energy Select Sector | Reduce -82.9% | 0.43% | −1.98 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −1.67 |
| BEP Brookfield Renewable Partner | Reduce -60.2% | 0.95% | −1.62 |
| FOX Fox Corp. Class B | Reduce -5.6% | 2.29% | −1.57 |
| BBU Brookfield Business PT-Unit | Sold out | 0.00% | −1.57 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −1.57 |
| BIP Brookfield Infrastructure Pa | Sold out | 0.00% | −1.49 |
| HOUS Anywhere Real Estate Inc. | Sold out | 0.00% | −1.46 |
| TGNA Tegna Inc. | Sold out | 0.00% | −1.32 |
| CDTX Cidara Therapeutics Inc. | Sold out | 0.00% | −1.14 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -92.8% | 0.09% | −1.02 |
| BHF Brighthouse Financial Inc. | Reduce -11.6% | 1.45% | −0.86 |
| GES Guess? Inc. | Sold out | 0.00% | −0.80 |
| JAMF Jamf Holding Corp. | Sold out | 0.00% | −0.76 |
| ROIV Roivant Sciences Ltd. | Sold out | 0.00% | −0.75 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.65 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −0.64 |
| PRA Proassurance Corp. | Reduce -15.0% | 1.28% | −0.64 |
| PLYM Plymouth Industrial REIT Inc. | Sold out | 0.00% | −0.60 |
| SYK Stryker Corp. | Sold out | 0.00% | −0.58 |
| ALC Alcon Inc. | Reduce -29.7% | 0.57% | −0.57 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.55 |
| ALL Allstate Corp. | Sold out | 0.00% | −0.47 |
| PPG PPG Industries Inc. | Sold out | 0.00% | −0.46 |
| QRVO Qorvo Inc. | Reduce -11.3% | 0.75% | −0.45 |
| SMH Vaneck Semiconductor ETF | Reduce -13.7% | 1.06% | −0.44 |
| CIO City Office REIT Inc. | Sold out | 0.00% | −0.44 |
| TROW T Rowe Price Group Inc. | Reduce -95.5% | 0.01% | −0.43 |
| NGD New Gold Inc. | Sold out | 0.00% | −0.42 |
| SHCO Soho House & Co. Inc. | Sold out | 0.00% | −0.42 |
| DENN Denny's Corp. | Sold out | 0.00% | −0.41 |
| AHL Aspen Insurance Holdings Class A | Sold out | 0.00% | −0.40 |
| DE Deere & Co. | Reduce -95.7% | 0.02% | −0.38 |
| GIFI Gulf Island Fabrication Inc. | Sold out | 0.00% | −0.33 |
| SEMR Semrush Holdings Inc. Class A | Reduce -99.8% | 0.00% | −0.33 |
| EB Eventbrite Inc. Class A | Sold out | 0.00% | −0.33 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.32 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.32 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.31 |
| XLRE SS Real Estate Select Sector | Reduce -75.9% | 0.07% | −0.31 |
| ATXS Astria Therapeutics Inc. | Sold out | 0.00% | −0.30 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.28 |
| MRSN Mersana Therapeutics Inc. | Sold out | 0.00% | −0.27 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.27 |
Portfolio Buys Q4 2025 → Q1 2026
| GOOG Alphabet Inc. Class C | Add +217.9% | 9.33% | +5.15 |
| ACLX Arcellx Inc. | New | 2.72% | +2.72 |
| CUK Carnival PLC-ADR | Add +385.8% | 2.73% | +1.87 |
| AL Sumisho Air Lease Corp. | Add +748.1% | 2.09% | +1.77 |
| BIPC Brookfield Infrastructure-A | New | 1.63% | +1.63 |
| UAA Under Armour Inc. Class A | New | 1.60% | +1.60 |
| OS Onestream Inc. | New | 1.54% | +1.54 |
| PEN Penumbra Inc. | New | 1.49% | +1.49 |
| CWAN Clearwater Analytics HDS-A | New | 1.30% | +1.30 |
| IWM iShares Russell 2000 ETF | Add +356.3% | 1.81% | +1.29 |
| WBS Webster Financial Corp. | New | 1.29% | +1.29 |
| FOLD Amicus Therapeutics Inc. | Add +221.7% | 1.97% | +1.18 |
| KVUE Kenvue Inc. | Add +343.5% | 1.65% | +1.17 |
| AAUC Allied Gold Corp. | New | 1.13% | +1.13 |
| EA Electronic Arts Inc. | Add +284.8% | 1.64% | +1.09 |
| JHG Janus Henderson Group PLC | New | 1.05% | +1.05 |
| GTLS Chart Industries Inc. | Add +298.6% | 1.54% | +1.04 |
| FXI iShares China Large-Cap ETF | Add +450.4% | 1.34% | +1.00 |
| TECK Teck Resources Ltd.-CLS B | New | 0.96% | +0.96 |
| KBE SS SPDR S&P Bank ETF | Add +1244671.4% | 0.91% | +0.91 |
| TERN Terns Pharmaceuticals Inc. | New | 0.84% | +0.84 |
| CSGS CSG Systems Intl Inc. | Add +97.3% | 2.10% | +0.77 |
| NATH Nathan's Famous Inc. | New | 0.76% | +0.76 |
| MASI Masimo Corp. | New | 0.72% | +0.72 |
| EWZ iShares MSCI Brazil ETF | New | 0.71% | +0.71 |
| SEE Sealed Air Corp. | Add +572.0% | 0.87% | +0.70 |
| PKST Peakstone Realty Trust | New | 0.66% | +0.66 |
| IHS Ihs Holding Ltd. | New | 0.66% | +0.66 |
| EFA iShares MSCI Eafe ETF | Add +1057.6% | 0.73% | +0.65 |
| XLF SS Financial Select Sector | Add +274.1% | 0.98% | +0.60 |
| DAWN Day One Biopharmaceuticals I | New | 0.51% | +0.51 |
| SOXX iShares Semiconductor ETF | Add +27809.7% | 0.50% | +0.50 |
| MCW Mister Car Wash Inc. | New | 0.49% | +0.49 |
| SEM Select Medical Holdings Corp. | New | 0.48% | +0.48 |
| XLK SS Technology Select Sector | Add +112.8% | 1.35% | +0.46 |
| EWT iShares MSCI Taiwan ETF | New | 0.43% | +0.43 |
| EEM iShares MSCI Emerging Market | Add +438.6% | 0.52% | +0.40 |
| EWCZ European Wax Center Inc. Class A | New | 0.40% | +0.40 |
| TALK Talkspace Inc. | New | 0.40% | +0.40 |
| EHAB Enhabit Inc. | New | 0.39% | +0.39 |
| GDOT Green Dot Corp. Class A | Add +245.0% | 0.68% | +0.39 |
| CCO Clear Channel Outdoor Holdin | New | 0.35% | +0.35 |
| ONTF ON24 Inc. | New | 0.35% | +0.35 |
| ZG Zillow Group Inc. Class A | New | 0.35% | +0.35 |
| STKL Sunopta Inc. | New | 0.34% | +0.34 |
| TPH Tri Pointe Homes Inc. | New | 0.34% | +0.34 |
| UBS UBS Group AG-Reg | Add +365.1% | 0.50% | +0.33 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.31% | +0.31 |
| ABBV Abbvie Inc. | New | 0.30% | +0.30 |
| NWSA News Corp. Class A | Add +101.1% | 0.86% | +0.28 |
Options Activity Q4 2025 → Q1 2026
| XLE SS Energy Select Sector | put | Reduce -8.5% | 1,225,400 | $75.1M |
| IWM iShares Russell 2000 ETF | put | Add +95.5% | 215,000 | $53.3M |
| SMH Vaneck Semiconductor ETF | put | Reduce -16.0% | 120,900 | $46.4M |
| XOP SS SPDR S&P Og Exp & Prod | put | Add +16.9% | 172,500 | $31.4M |
| XBI SS SPDR S&P Biotech ETF | put | Add +21.1% | 229,600 | $29.3M |
| KRE SS SPDR S&P Regional Bank | put | Add +65.1% | 421,100 | $27.4M |
| KBE SS SPDR S&P Bank ETF | put | Add +700.0% | 300,000 | $17.9M |
| FXI iShares China Large-Cap ETF | put | Add +104.1% | 489,900 | $17.6M |
| EWZ iShares MSCI Brazil ETF | put | Add +810.0% | 455,000 | $17.5M |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -25.0% | 30,000 | $17.3M |
| XLF SS Financial Select Sector | put | Add +58.1% | 272,000 | $13.4M |
| EFA iShares MSCI Eafe ETF | put | Add +160.0% | 130,000 | $12.6M |
| EEM iShares MSCI Emerging Market | put | Add +33.3% | 200,000 | $11.4M |
| SOXX iShares Semiconductor ETF | put | Reduce -58.2% | 30,500 | $10.0M |
| XLB SS Materials Select Sector | put | Reduce -28.6% | 200,000 | $10.0M |
| XLU St Sr Utl SL SE SPDR ETF-Usd | put | New | 175,000 | $8.0M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | New | 100,000 | $8.0M |
| XLY SS Consumer Disc Select Sect | put | Reduce -49.1% | 70,400 | $7.7M |
| GM General Motors Co. | put | Add +137.4% | 86,400 | $6.4M |
| EWT iShares MSCI Taiwan ETF | put | New | 80,000 | $5.7M |
| ALC Alcon Inc. | put | Reduce -40.0% | 75,000 | $5.6M |
| LOGI Logitech International-Reg | put | Reduce -0.8% | 59,800 | $5.4M |
| ABT Abbott Laboratories | put | Add +66.7% | 50,000 | $5.1M |
| KWEB Kranesh Csi China Internet | put | Reduce -18.6% | 174,600 | $5.0M |
| ORCL Oracle Corp. | put | Add +73.8% | 32,500 | $4.8M |
| TSM Taiwan Semiconductor-SP ADR | put | Sold out | 15,000 | $4.6Mbefore exit |
| AXON Axon Enterprise Inc. | put | Add +250.0% | 10,500 | $4.5M |
| MRNA Moderna Inc. | put | Add +240.0% | 85,000 | $4.3M |
| AMD Advanced Micro Devices | put | Sold out | 20,000 | $4.3Mbefore exit |
| CF CF Industries Holdings Inc. | put | Sold out | 55,000 | $4.3Mbefore exit |
| STLD Steel Dynamics Inc. | put | Reduce -35.7% | 22,500 | $4.0M |
| KBWB Invesco KBW Bank ETF | put | New | 50,000 | $4.0M |
| PFE Pfizer Inc. | put | Add +7.2% | 134,000 | $3.8M |
| MELI MercadoLibre Inc. | put | Reduce -9.1% | 2,000 | $3.5M |
| PDD PDD Holdings Inc. | put | Sold out | 30,200 | $3.4Mbefore exit |
| GS Goldman Sachs Group Inc. | put | Reduce -18.4% | 4,000 | $3.4M |
| ABBV Abbvie Inc. | put | New | 15,000 | $3.3M |
| SYK Stryker Corp. | put | Sold out | 9,000 | $3.2Mbefore exit |
| NOW ServiceNow Inc. | put | Sold out | 20,500 | $3.1Mbefore exit |
| CAT Caterpillar Inc. | put | Reduce -75.8% | 4,400 | $3.1M |
| SWK Stanley Black & Decker Inc. | put | Sold out | 40,000 | $3.0Mbefore exit |
| XLRE SS Real Estate Select Sector | put | Add +40.0% | 70,000 | $2.9M |
| BAC Bank of America Corp. | put | Reduce -5.8% | 56,500 | $2.8M |
| CMI Cummins Inc. | put | Sold out | 5,300 | $2.7Mbefore exit |
| COPX Global X Copper Miners ETF | put | New | 35,000 | $2.7M |
| EBAY eBay Inc. | put | Sold out | 30,000 | $2.6Mbefore exit |
| USB US Bancorp | put | Add +25.3% | 50,000 | $2.6M |
| ADP Automatic Data Processing | put | Sold out | 10,000 | $2.6Mbefore exit |
| WFC Wells Fargo & Co. | put | Reduce -53.1% | 30,000 | $2.4M |
| HAL Halliburton Co. | put | New | 60,000 | $2.3M |
Showing the first 50 of 118.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Sold out | 23,000,000 | $22.7Mbefore exit |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | Add +31.1% | 6,556,000 | $6.6M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Add +80.0% | 4,500,000 | $4.5M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Reduce -68.0% | 4,000,000 | $4.0M |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | Reduce -52.9% | 4,000,000 | $4.0M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Reduce -45.3% | 3,627,000 | $3.6M |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | Sold out | 3,000,000 | $3.2Mbefore exit |
| IQIYI INC (IQ 4.625 03/15/30) | NOTE 4.625% 3/1 · principal | New | 3,000,000 | $3.0M |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | Sold out | 2,245,000 | $2.2Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Reduce -60.0% | 2,000,000 | $2.0M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Reduce -60.0% | 2,000,000 | $2.0M |
| NEXTERA ENERGY INC (NEE 7.375 02/15/29) | UNIT 02/15/2029 | New | 775,000 | $775K |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Add +18.2% | 650,000 | $650K |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | Add +31.6% | 625,000 | $625K |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | New | 525,000 | $525K |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -24.0% | 475,000 | $475K |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Add +18.2% | 325,000 | $325K |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Reduce -68.8% | 150,000 | $150K |
| NOVANTA INC (NOVT 6.5 11/01/28) | UNIT 11/01/2028 | New | 130,000 | $130K |
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 | 190 | $545.4M | JHG, PEN, RYAAY, WBD, GOOG |
| Q1 2026 | 202 | $567.8M | GOOG, CUK, ACLX, HOLX, FOX |
| Q4 2025 | 198 | $436.1M | GOOG, FOX, RYAAY, AMZN, RNAM |
| Q3 2025 | 201 | $442.9M | GOOG, AMZN, FOX, VRNA, DB |
| Q2 2025Amended | 215 | $465.2M | GOOG, AMZN, BPMC, MAG, COOP |
| Q1 2025 | 203 | $442.3M | GOOGL, ITCI, AMZN, DFS, PLYA |
| Q4 2024Amended | 165 | $280.4M | EWZ, GOOG, CUK, LBTYA, EDR |