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

0$200.0M$400.0M$600.0M Q4 2024: $280.4M Q4 2024 Q1 2025: $442.3M Q1 2025 Q2 2025: $465.2M Q2 2025 Q3 2025: $442.9M Q3 2025 Q4 2025: $436.1M Q4 2025 Q1 2026: $567.8M $567.8M Q1 2026 Q2 2026: $545.4M Q2 2026

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
MRNA Moderna Inc. 0.22% 24,038 $1.2M Add +371.6%
GLDD Great Lakes Dredge & Dock Co. 0.21% 69,245 $1.2M New
INTU Intuit Inc. 0.21% 2,716 $1.2M Add +735.7%
NSC Norfolk Southern Corp. 0.20% 4,000 $1.1M No change
TWO Two Harbors Investment Corp. 0.19% 93,000 $1.1M New
SYY Sysco Corp. 0.18% 14,416 $1.0M Add +18.9%
SQNS Sequans Communications-ADR 0.18% 400,000 $1.0M Add +81.8%
STLA Stellantis NV 0.18% 144,960 $1.0M Add +10.0%
CENTA Central Garden and Pet Co. Class A 0.18% 30,845 $1000K New
OLPX Olaplex Holdings Inc. 0.17% 487,400 $989K New
ADI Analog Devices Inc. 0.17% 3,013 $959K Reduce -40.5%
KW Kennedy-Wilson Holdings Inc. 0.16% 86,000 $931K New
LAC Lithium Americas Corp. 0.16% 230,000 $909K New
CWEN.A Clearway Energy Inc. Class A 0.16% 23,175 $908K New
GS Goldman Sachs Group Inc. 0.15% 1,039 $879K Add +4.8%
LNSR Lensar Inc. 0.15% 144,359 $860K Add +16.0%
CVGW Calavo Growers Inc. 0.15% 33,082 $853K New
UDMY Udemy Inc. 0.15% 183,000 $845K Add +78.7%
DSGR Distribution Solutions Group 0.15% 31,850 $836K New
LI Li Auto Inc. - ADR 0.15% 46,671 $832K Reduce -51.5%
MGM MGM Resorts International 0.14% 22,177 $821K Add +2.3%
AQN Algonquin Power & Utilities 0.14% 130,000 $798K No change
GM General Motors Co. 0.14% 10,664 $794K New
SNPS Synopsys Inc. 0.14% 1,999 $793K Add +10.3%
COPX Global X Copper Miners ETF 0.12% 9,260 $707K New
WFC Wells Fargo & Co. 0.12% 8,425 $671K Add +63.3%
RGTI Rigetti Computing Inc. 0.12% 47,064 $661K New
CRWD CrowdStrike Holdings Inc. Class A 0.11% 1,652 $645K New
RNW Renew Energy Global PLC-A 0.11% 139,390 $638K No change
URA Global X Uranium ETF 0.11% 12,958 $628K New
IGV iShares Expanded Tech-Softwa 0.11% 7,803 $625K New
CB Chubb Ltd. 0.10% 1,811 $590K Reduce -19.4%
MDT Medtronic PLC 0.10% 6,738 $584K Add +45.0%
MOS The Mosaic Co. 0.10% 22,015 $561K Reduce -6.5%
FCX Freeport-McMoran Inc. 0.10% 9,253 $544K Reduce -26.4%
RIOT Riot Platforms Inc. 0.09% 41,578 $514K Add +206.7%
PFE Pfizer Inc. 0.09% 18,205 $511K Reduce -47.5%
XOP SS SPDR S&P Og Exp & Prod 0.09% 2,781 $506K Reduce -92.8%
AXTA Axalta Coating Systems Ltd. 0.09% 18,000 $499K New
FITB Fifth Third Bancorp 0.09% 10,611 $493K Add +66.3%
BX Blackstone Inc. 0.08% 4,031 $464K Add +13800.0%
RKLB Rocket Lab Corp. 0.08% 6,966 $447K New
STLD Steel Dynamics Inc. 0.08% 2,437 $439K Reduce -19.4%
ITRG Integra Resources Corp. 0.08% 159,842 $431K No change
TEM Tempus AI Inc. Class A 0.07% 9,114 $412K Reduce -50.3%
XLRE SS Real Estate Select Sector 0.07% 9,848 $402K Reduce -75.9%
KZR Kezar Life Sciences Inc. 0.07% 53,600 $398K New
XLI SS Industrial Select Sector 0.07% 2,408 $389K Add +17.2%
HTBK Heritage Commerce Corp. 0.07% 29,617 $370K New
XLB SS Materials Select Sector 0.06% 7,334 $366K Reduce -76.2%
ESI Element Solutions Inc. 0.06% 10,709 $366K No change
TM Toyota Motor Corp. -Spon ADR 0.06% 1,669 $344K Add +28.4%
PERF Perfect Corp. 0.06% 200,000 $338K New
SHW The Sherwin-Williams Co. 0.06% 1,002 $321K New
RNA Atrium Therapeutics Inc. 0.05% 23,000 $308K New
KBH KB Home 0.05% 5,861 $303K Add +29.0%
AZN Astrazeneca PLC 0.05% 1,479 $288K New
CCJ Cameco Corp. 0.05% 2,403 $261K New
USB US Bancorp 0.05% 4,924 $256K Add +66.6%
QGEN Qiagen N.V. 0.04% 6,331 $253K New
BHC Bausch Health Cos Inc. 0.04% 46,797 $253K No change
GRND Grindr Inc. 0.04% 20,000 $242K New
CSX CSX Corp. 0.04% 5,747 $236K Reduce -60.5%
IONQ Ionq Inc. 0.04% 8,150 $235K New
AMRZ Amrize Ltd. 0.04% 3,959 $216K New
ARM Arm Holdings PLC-ADR 0.04% 1,358 $205K Reduce -70.5%
MAR Marriott International Class A 0.03% 605 $198K Reduce -8.1%
ACI Albertsons Cos Inc. Class A 0.03% 10,000 $170K No change
TSLA Tesla Inc. 0.03% 457 $170K New
UBER Uber Technologies Inc. 0.03% 2,275 $164K Add +182.6%
KLAC KLA Corp. 0.03% 111 $163K Reduce -16.5%
ADSK Autodesk Inc. 0.03% 647 $155K Add +151.8%
CORZ Core Scientific Inc. 0.03% 9,695 $145K Add +27.1%
EPD Enterprise Products Partners 0.03% 3,805 $144K Reduce -85.8%
JNJ Johnson & Johnson 0.02% 522 $128K Reduce -62.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.02% 2,545 $124K Reduce -23.8%
ITB iShares U.S. Home Constructi 0.02% 1,085 $98K Reduce -31.6%
AIZ Assurant Inc. 0.02% 450 $98K New
DE Deere & Co. 0.02% 159 $90K Reduce -95.7%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.01% 848 $76K Reduce -95.5%
BMA Banco Macro SA-ADR 0.01% 945 $73K Add +166.2%
SCHW Schwab (charles) Corp. 0.01% 630 $59K Add +13.5%
AIG American International Group 0.01% 729 $55K New
HAL Halliburton Co. 0.01% 1,369 $53K New
CAT Caterpillar Inc. 0.01% 67 $47K New
MICC The Magnum Ice Cream Co. NV 0.01% 2,957 $43K Add +144.4%
S Sentinelone Inc. Class A 0.01% 3,000 $39K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.01% 198 $32K New
HLT Hilton Worldwide Holdings Inc. 0.00% 90 $27K New
XME SS SPDR S&P Metals Mining 0.00% 229 $25K Add +689.7%
M Macy's Inc. 0.00% 1,000 $18K No change
FER Ferrovial NV 0.00% 192 $12K Reduce -80.6%
DB Deutsche Bank AG-Registered 0.00% 397 $11K Reduce -74.1%
XLV SS Health Care Select Sector 0.00% 59 $9K Add +63.9%
ZEO Zeo Energy Corp. 0.00% 10,845 $6K No change
TKNO Alpha Teknova Inc. 0.00% 2,000 $6K No change
MUX McEwen Inc. 0.00% 277 $6K New
CHEER HLDG INC 0.00% 4,539 $4K No change
ROST Ross Stores Inc. 0.00% 14 $3K Reduce -58.8%
SEMR Semrush Holdings Inc. Class A 0.00% 245 $3K Reduce -99.8%
ZS Zscaler Inc. 0.00% 20 $3K Reduce -99.4%
THCH TH International Ltd./Cayman 0.00% 856 $2K 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)
SecurityClassShares / PrincipalValueChange
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) NOTE 1.500% 3/0 · principal 7,000,000$7.0MNo change
ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) NOTE 2.250% 6/0 · principal 6,556,000$6.6MAdd +31.1%
JD.COM INC (JD 0.25 06/01/29) NOTE 0.250% 6/0 · principal 6,500,000$6.5MNo change
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal 4,500,000$4.5MAdd +80.0%
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal 4,000,000$4.0MReduce -68.0%
ETSY INC (ETSY 0.25 06/15/28) NOTE 0.250% 6/1 · principal 4,000,000$4.0MNo change
MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) NOTE 0.750% 6/0 · principal 4,000,000$4.0MReduce -52.9%
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal 3,627,000$3.6MReduce -45.3%
IQIYI INC (IQ 4.625 03/15/30) NOTE 4.625% 3/1 · principal 3,000,000$3.0MNew
ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) NOTE 0.500% 6/0 · principal 2,500,000$2.5MNo change
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) NOTE 3.250%12/1 · principal 2,500,000$2.5MNo change
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) NOTE 0.375% 9/0 · principal 2,000,000$2.0MReduce -60.0%
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) NOTE 1.125% 2/1 · principal 2,000,000$2.0MReduce -60.0%
TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) NOTE 0.750% 6/1 · principal 2,000,000$2.0MNo change
JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) NOTE 3.125% 9/1 · principal 1,750,000$1.8MNo change
NEXTERA ENERGY INC (NEE 7.375 02/15/29) UNIT 02/15/2029 775,000$775KNew
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV 650,000$650KAdd +18.2%
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A 625,000$625KAdd +31.6%
ORACLE CORP (ORCL 6.5 01/15/29 D) 6.5 DEP CUM SR D 525,000$525KNew
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 475,000$475KReduce -24.0%
NEXTERA ENERGY INC (NEE 7.299 06/01/27) UNIT 06/01/2027 325,000$325KAdd +18.2%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 225,000$225KNo change
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D 150,000$150KReduce -68.8%
NOVANTA INC (NOVT 6.5 11/01/28) UNIT 11/01/2028 130,000$130KNew
SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) 6 SER A CNV PREF 125,000$125KNo change
GENVR Gen Digital Inc. - CVR RIGHT 99/99/9999 11,820$6KNo 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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 190$545.4MJHG, PEN, RYAAY, WBD, GOOG
Q1 2026 202$567.8MGOOG, CUK, ACLX, HOLX, FOX
Q4 2025 198$436.1MGOOG, FOX, RYAAY, AMZN, RNAM
Q3 2025 201$442.9MGOOG, AMZN, FOX, VRNA, DB
Q2 2025Amended 215$465.2MGOOG, AMZN, BPMC, MAG, COOP
Q1 2025 203$442.3MGOOGL, ITCI, AMZN, DFS, PLYA
Q4 2024Amended 165$280.4MEWZ, GOOG, CUK, LBTYA, EDR