Daiwa Securities Group Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Daiwa Securities Group Inc. reported 1,259 stock positions worth $21.4 billion. Its top holding was Welltower (WELL) at 4.0% of the portfolio, followed by Apple (AAPL, 3.7%) and Digital Realty Trust (DLR, 3.7%). Compared with Q2 2024, it opened 40 new positions, sold out of 78, added to 772 and reduced 233. The biggest buy was ServiceNow (NOW, shares +873%) and the biggest sale Snowflake (SNOW, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- CHIYODA-KU,TOKYO, M0
- CIK
- 0001481045
- Portfolio Value
- $21.4B (Q3 2024)
- SEC Filing
- 0001481045-24-000010 ↗ filed Nov 12, 2024
Holdings Value
Holdings 1,259 stocks · $21.4B
| WELL Welltower Inc. | 4.00% | 6,698,839 | $857.7M | Reduce -7.2% |
| AAPL Apple Inc. | 3.69% | 3,394,287 | $790.9M | Add +14.3% |
| DLR Digital Realty Trust Inc. | 3.66% | 4,843,432 | $783.8M | Add +2.5% |
| MSFT Microsoft Corp. | 3.56% | 1,771,812 | $762.4M | Add +15.9% |
| PLD Prologis Inc. | 3.40% | 5,775,360 | $729.3M | Reduce -15.5% |
| NVDA Nvidia Corp. | 3.29% | 5,808,324 | $705.4M | Add +19.3% |
| SPG Simon Property Group Inc. | 2.74% | 3,476,306 | $587.6M | Reduce -3.1% |
| AMZN Amazon.com Inc. | 2.36% | 2,719,714 | $506.8M | Add +12.8% |
| EQIX Equinix Inc. | 2.36% | 570,547 | $506.4M | Add +0.9% |
| CPTL GBL X MRST CP Alc LDR ETF-Ui | 2.17% | 11,874,001 | $464.7M | Reduce -9.5% |
| META Meta Platforms Inc. Class A | 2.05% | 767,493 | $439.3M | Add +12.2% |
| INVH Invitation Homes Inc. | 1.93% | 11,748,855 | $414.3M | Add +9.3% |
| PSA Public Storage | 1.89% | 1,113,799 | $405.3M | Add +57.3% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.86% | 11,987,128 | $399.3M | Reduce -0.6% |
| CCI Crown Castle Inc. | 1.75% | 3,166,236 | $375.6M | Add +25.4% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 1.73% | 3,126,559 | $371.5M | Reduce -30.8% |
| EXR Extra Space Storage Inc. | 1.70% | 2,020,459 | $364.1M | Add +10.4% |
| AVGO Broadcom Inc. | 1.69% | 2,098,877 | $362.1M | Add +21.7% |
| GOOGL Alphabet Inc. Class A | 1.67% | 2,154,097 | $357.3M | Add +23.7% |
| UDR Udr Inc. | 1.50% | 7,109,980 | $322.4M | Add +2.3% |
| KIM Kimco Realty Corp. | 1.30% | 12,025,377 | $279.2M | Reduce -12.9% |
| O Realty Income Corp. | 1.29% | 4,349,721 | $275.9M | Reduce -13.1% |
| NFLX Netflix Inc. | 1.25% | 378,004 | $268.1M | Add +20.4% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 1.20% | 1,901,463 | $257.0M | Reduce -13.4% |
| HST Host Hotels & Resorts Inc. | 1.12% | 13,637,328 | $240.0M | Add +66.9% |
| HR Healthcare Realty Trust Inc. | 1.06% | 12,547,682 | $227.7M | Reduce -0.4% |
| NOW ServiceNow Inc. | 1.02% | 245,525 | $219.6M | Add +873.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.99% | 755,951 | $212.0M | Add +1655.9% |
| IBN Icici Bank Ltd.-Spon ADR | 0.95% | 6,807,165 | $203.2M | Add +10.3% |
| ESS Essex Property Trust Inc. | 0.94% | 684,106 | $202.1M | Reduce -31.7% |
| IVV iShares Core S&P 500 ETF | 0.93% | 345,493 | $199.3M | Add +37.0% |
| ADC Agree Realty Corp. | 0.83% | 2,350,056 | $177.0M | Add +29.4% |
| ELS Equity Lifestyle Properties | 0.78% | 2,329,431 | $166.2M | Add +370.6% |
| OHI Omega Healthcare Investors | 0.75% | 3,949,368 | $160.7M | Add +317.7% |
| GOOG Alphabet Inc. Class C | 0.69% | 882,787 | $147.6M | Add +7.3% |
| COLD Americold Realty Trust Inc. | 0.68% | 5,119,764 | $144.7M | Reduce -9.4% |
| INFY Infosys Ltd.-SP ADR | 0.61% | 5,852,900 | $130.3M | Add +11.8% |
| TSLA Tesla Inc. | 0.60% | 489,507 | $128.1M | Reduce -62.8% |
| UNH Unitedhealth Group Inc. | 0.57% | 208,493 | $121.9M | Add +16.1% |
| LLY Eli Lilly & Co. | 0.56% | 135,365 | $119.9M | Add +19.4% |
| COST Costco Wholesale Corp. | 0.44% | 105,621 | $93.6M | Add +19.0% |
| JPM JPMorgan Chase & Co. | 0.43% | 436,730 | $92.1M | Add +4.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 185,297 | $85.3M | Add +13.6% |
| V Visa Inc. Class A | 0.39% | 304,618 | $83.8M | Add +7.2% |
| AVB Avalonbay Communities Inc. | 0.38% | 365,384 | $82.3M | Add +1.6% |
| HD Home Depot Inc. | 0.38% | 201,599 | $81.7M | Add +4.9% |
| WY Weyerhaeuser Co. | 0.35% | 2,195,958 | $74.4M | Add +2664.4% |
| HIW Highwoods Properties Inc. | 0.34% | 2,199,897 | $73.7M | Reduce -0.9% |
| REXR Rexford Industrial Realty Inc. | 0.34% | 1,448,419 | $72.9M | Add +19.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.33% | 144,358 | $70.5M | Reduce -23.8% |
| XOM Exxon Mobil Corp. | 0.32% | 586,550 | $68.8M | Add +17.1% |
| PG The Procter & Gamble Co. | 0.31% | 383,840 | $66.5M | Add +3.7% |
| JNJ Johnson & Johnson | 0.29% | 384,637 | $62.3M | Add +8.0% |
| ADBE Adobe Inc. | 0.29% | 118,173 | $61.2M | Add +6.2% |
| AMD Advanced Micro Devices | 0.28% | 369,285 | $60.6M | Add +5.8% |
| MA Mastercard Inc. Class A | 0.28% | 122,274 | $60.4M | Add +19.7% |
| LIN Linde PLC | 0.28% | 124,898 | $59.6M | Add +25.4% |
| CRM Salesforce Inc. | 0.28% | 216,872 | $59.4M | Add +12.1% |
| AMGN Amgen Inc. | 0.27% | 182,475 | $58.8M | Add +7.6% |
| GS Goldman Sachs Group Inc. | 0.27% | 117,629 | $58.2M | Add +4.1% |
| LAMR Lamar Advertising Co. Class A | 0.27% | 434,563 | $58.1M | Add +148.9% |
| WMT Walmart Inc. | 0.27% | 718,194 | $58.0M | Add +8.0% |
| CAT Caterpillar Inc. | 0.26% | 144,359 | $56.5M | Add +5.6% |
| CSCO Cisco Systems Inc. | 0.25% | 1,012,313 | $53.9M | Add +5.7% |
| MCD McDonald's Corp. | 0.25% | 174,019 | $53.0M | Add +5.5% |
| PEP Pepsico Inc. | 0.24% | 308,120 | $52.4M | Add +11.5% |
| CPT Camden Property Trust | 0.24% | 417,529 | $51.6M | Add +0.6% |
| KO The Coca-Cola Co. | 0.24% | 703,503 | $50.6M | Add +3.2% |
| MRK Merck & Co. Inc. | 0.23% | 437,391 | $49.7M | Add +15.2% |
| QCOM Qualcomm Inc. | 0.22% | 278,411 | $47.3M | Add +1.0% |
| AMT American Tower Corp. | 0.22% | 201,932 | $47.0M | Reduce -69.1% |
| ABBV Abbvie Inc. | 0.21% | 224,822 | $44.4M | Add +10.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 194,690 | $43.0M | Add +7.6% |
| CVX Chevron Corp. | 0.20% | 291,083 | $42.9M | Add +9.4% |
| EGP Eastgroup Properties Inc. | 0.20% | 227,859 | $42.6M | Reduce -1.5% |
| ISRG Intuitive Surgical Inc. | 0.20% | 86,257 | $42.4M | Add +13.5% |
| INTU Intuit Inc. | 0.19% | 66,368 | $41.2M | Add +11.9% |
| HON Honeywell International Inc. | 0.19% | 198,478 | $41.0M | Add +7.8% |
| AXP American Express Co. | 0.19% | 147,573 | $40.0M | Add +5.2% |
| PM Philip Morris International | 0.18% | 322,963 | $39.2M | Add +19.5% |
| NEE Nextera Energy Inc. | 0.18% | 455,679 | $38.5M | Add +8.5% |
| TXN Texas Instruments Inc. | 0.18% | 184,734 | $38.2M | Add +13.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 958,994 | $38.1M | Add +17.6% |
| LINE Lineage Inc. | 0.17% | 465,245 | $36.5M | New |
| ETN Eaton Corp. PLC | 0.16% | 106,574 | $35.3M | Add +25.9% |
| TMO Thermo Fisher Scientific Inc. | 0.16% | 56,728 | $35.1M | Reduce -0.4% |
| ORCL Oracle Corp. | 0.16% | 200,976 | $34.2M | Add +12.4% |
| CDNS Cadence Design SYS Inc. | 0.15% | 117,708 | $31.9M | Add +28.2% |
| VZ Verizon Communications Inc. | 0.15% | 706,138 | $31.7M | Add +28.7% |
| AMAT Applied Materials Inc. | 0.15% | 156,106 | $31.5M | Add +5.7% |
| CMCSA Comcast Corp. Class A | 0.14% | 734,261 | $30.7M | Add +9.9% |
| TT Trane Technologies PLC | 0.14% | 76,660 | $29.8M | Add +9.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.14% | 306,060 | $29.4M | Add +8.8% |
| TMUS T-Mobile US Inc. | 0.13% | 139,728 | $28.8M | Add +10.5% |
| INTC Intel Corp. | 0.13% | 1,214,358 | $28.5M | Reduce -16.4% |
| BKNG Booking Holdings Inc. | 0.13% | 6,752 | $28.4M | Add +11.9% |
| PXH Inves Rafi Emer MRKT-Usd Inc. | 0.13% | 1,295,500 | $28.4M | Add +8.4% |
| AIQ Global X Art Intel & Tech | 0.13% | 763,079 | $28.4M | No change |
| ACN Accenture PLC Class A | 0.13% | 78,465 | $27.7M | Add +14.5% |
| DHR Danaher Corp. | 0.13% | 98,024 | $27.3M | Add +2.1% |
Other holdings (21): bonds, preferreds, convertibles and warrants · $220.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 22,000,000 | $40.8M | Add +29.4% |
| ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) | NOTE 6.000% 8/1 · principal | 10,000,000 | $35.9M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 33,500,000 | $34.0M | New |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 03/15/25) | NOTE 1.250% 3/1 · principal | 12,055,000 | $19.4M | New |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 15,000,000 | $14.5M | Add +35.4% |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 13,000,000 | $14.4M | New |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 10,000,000 | $13.1M | New |
| QQQ Invesco QQQ Trust Series 1 | UNIT SER 1 · principal | 18,460 | $9.0M | New |
| IVV iShares Core S&P 500 ETF | CORE S&P500 ETF · principal | 14,720 | $8.5M | Add +14.2% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24) | NOTE 0.125%11/1 · principal | 8,000,000 | $8.0M | New |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | 6,000,000 | $5.7M | Add +3.9% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 4,000,000 | $4.9M | New |
| BITDEER TECHNOLOGIES GRP (BTDR 8.5 08/15/29) | NOTE 8.500% 8/1 · principal | 3,000,000 | $3.6M | New |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 8,000,000 | $3.0M | Add +60.0% |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 2,500,000 | $2.3M | New |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | 3,500,000 | $1.9M | New |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 833,000 | $808K | No change |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 4,198 | $222K | No change |
| KIMCO REALTY CORP (KIM 7.25 PERP N) | DP CV CL N 7.25% | 3,427 | $210K | Reduce -61.6% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 4,801 | $125K | Reduce -29.4% |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | 4,000 | $90K | No change |
Total filed on the 13F, all lines: $21.6B.
Portfolio Sells Q2 2024 → Q3 2024
| SNOW Snowflake Inc. | Reduce -97.9% | 0.01% | −0.91 |
| TSLA Tesla Inc. | Reduce -62.8% | 0.60% | −0.81 |
| PLD Prologis Inc. | Reduce -15.5% | 3.40% | −0.74 |
| ESS Essex Property Trust Inc. | Reduce -31.7% | 0.94% | −0.53 |
| AMT American Tower Corp. | Reduce -69.1% | 0.22% | −0.47 |
| IRM Iron Mountain Inc. | Reduce -30.8% | 1.73% | −0.45 |
| CPTL GBL X MRST CP Alc LDR ETF-Ui | Reduce -9.5% | 2.17% | −0.45 |
| WPC WP Carey Inc. | Reduce -93.3% | 0.03% | −0.38 |
| MAA Mid-America Apartment Comm | Reduce -84.6% | 0.04% | −0.23 |
| SUI Sun Communities Inc. | Reduce -13.4% | 1.20% | −0.23 |
| SPG Simon Property Group Inc. | Reduce -3.1% | 2.74% | −0.20 |
| SITC Site Centers Corp. | Reduce -0.1% | 0.04% | −0.19 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -23.8% | 0.33% | −0.16 |
| KIM Kimco Realty Corp. | Reduce -12.9% | 1.30% | −0.15 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.14 |
| O Realty Income Corp. | Reduce -13.1% | 1.29% | −0.14 |
| INTC Intel Corp. | Reduce -16.4% | 0.13% | −0.11 |
| COLD Americold Realty Trust Inc. | Reduce -9.4% | 0.68% | −0.10 |
| WELL Welltower Inc. | Reduce -7.2% | 4.00% | −0.06 |
| HR Healthcare Realty Trust Inc. | Reduce -0.4% | 1.06% | −0.06 |
| SNPS Synopsys Inc. | Reduce -8.3% | 0.10% | −0.05 |
| BRX Brixmor Property Group Inc. | Reduce -79.5% | 0.01% | −0.05 |
| EBIZ Global X E-Commerce ETF | Reduce -27.2% | 0.10% | −0.04 |
| NNN NNN REIT Inc. | Reduce -69.9% | 0.01% | −0.04 |
| VMRK Vivmark Residential | Reduce -32.3% | 0.06% | −0.03 |
| ARE Alexandria Real Estate Equit | Reduce -35.7% | 0.04% | −0.03 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.03 |
| AMH American Homes 4 Rent- A | Reduce -46.0% | 0.02% | −0.03 |
| CLOU Global X Cloud Computing ETF | Reduce -50.0% | 0.02% | −0.02 |
| SAIC Science Applications Inte | Sold out | 0.00% | −0.02 |
| PANW Palo Alto Networks Inc. | Reduce -2.1% | 0.11% | −0.02 |
| STATE STR SPDR S&P 500 ETF T | Sold out | 0.00% | −0.02 |
| WCN Waste Connections Inc. | Reduce -8.7% | 0.07% | −0.02 |
| C Citigroup Inc. | Reduce -5.8% | 0.07% | −0.02 |
| APTV Aptiv Irish Holdings Ltd. | Reduce -24.1% | 0.03% | −0.02 |
| MCK McKesson Corp. | Reduce -2.3% | 0.04% | −0.02 |
| IEMG iShares Core MSCI Emerging | Reduce -29.9% | 0.03% | −0.02 |
| XYZ Block Inc. | Reduce -35.1% | 0.02% | −0.01 |
| EGP Eastgroup Properties Inc. | Reduce -1.5% | 0.20% | −0.01 |
| AIR Aar Corp. | Sold out | 0.00% | −0.01 |
| WFRD Weatherford International PL | Sold out | 0.00% | −0.01 |
| DPZ Domino's Pizza Inc. | Reduce -37.2% | 0.01% | −0.01 |
| BLD Topbuild Corp. | Reduce -44.4% | 0.01% | −0.01 |
| NKE Nike Inc. Class B | Reduce -10.5% | 0.10% | −0.01 |
| SNAP Snap Inc. Class A | Reduce -43.3% | 0.00% | −0.01 |
| STATE STR SPDR S&P 500 ETF T | Sold out | 0.00% | −0.01 |
| WRK Westrock Co. | Sold out | 0.00% | −0.01 |
| APD Air Products & Chemicals Inc. | Reduce -11.1% | 0.06% | −0.01 |
| GM General Motors Co. | Reduce -0.9% | 0.03% | −0.01 |
| BL Blackline Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| NOW ServiceNow Inc. | Add +873.1% | 1.02% | +0.92 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +1655.9% | 0.99% | +0.90 |
| PSA Public Storage | Add +57.3% | 1.89% | +0.79 |
| ELS Equity Lifestyle Properties | Add +370.6% | 0.78% | +0.60 |
| OHI Omega Healthcare Investors | Add +317.7% | 0.75% | +0.58 |
| CCI Crown Castle Inc. | Add +25.4% | 1.75% | +0.42 |
| WY Weyerhaeuser Co. | Add +2664.4% | 0.35% | +0.33 |
| HST Host Hotels & Resorts Inc. | Add +66.9% | 1.12% | +0.33 |
| AAPL Apple Inc. | Add +14.3% | 3.69% | +0.31 |
| ADC Agree Realty Corp. | Add +29.4% | 0.83% | +0.22 |
| AVGO Broadcom Inc. | Add +21.7% | 1.69% | +0.19 |
| META Meta Platforms Inc. Class A | Add +12.2% | 2.05% | +0.19 |
| IVV iShares Core S&P 500 ETF | Add +37.0% | 0.93% | +0.18 |
| LINE Lineage Inc. | New | 0.17% | +0.17 |
| EXR Extra Space Storage Inc. | Add +10.4% | 1.70% | +0.16 |
| LAMR Lamar Advertising Co. Class A | Add +148.9% | 0.27% | +0.16 |
| NFLX Netflix Inc. | Add +20.4% | 1.25% | +0.11 |
| SBAC SBA Communications Corp. | Add +384.3% | 0.12% | +0.10 |
| INFY Infosys Ltd.-SP ADR | Add +11.8% | 0.61% | +0.08 |
| UNH Unitedhealth Group Inc. | Add +16.1% | 0.57% | +0.07 |
| MELI MercadoLibre Inc. | Add +75.5% | 0.11% | +0.05 |
| EQIX Equinix Inc. | Add +0.9% | 2.36% | +0.05 |
| REXR Rexford Industrial Realty Inc. | Add +19.6% | 0.34% | +0.05 |
| REG Regency Centers Corp. | Add +200.6% | 0.07% | +0.05 |
| NVDA Nvidia Corp. | Add +19.3% | 3.29% | +0.04 |
| LIN Linde PLC | Add +25.4% | 0.28% | +0.04 |
| GILD Gilead Sciences Inc. | Add +41.8% | 0.12% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +13.6% | 0.40% | +0.04 |
| MA Mastercard Inc. Class A | Add +19.7% | 0.28% | +0.04 |
| PM Philip Morris International | Add +19.5% | 0.18% | +0.04 |
| NVR NVR Inc. | Add +170.2% | 0.05% | +0.03 |
| ANET Arista Networks Inc. | Add +66.0% | 0.09% | +0.03 |
| IBM Intl Business Machines Corp. | Add +7.6% | 0.20% | +0.03 |
| PGR Progressive Corp. | Add +30.3% | 0.11% | +0.03 |
| COST Costco Wholesale Corp. | Add +19.0% | 0.44% | +0.03 |
| FICO Fair Isaac Corp. | Add +99.4% | 0.05% | +0.03 |
| CI The Cigna Group | Add +60.4% | 0.09% | +0.03 |
| WMT Walmart Inc. | Add +8.0% | 0.27% | +0.03 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 0.03% | +0.03 |
| VZ Verizon Communications Inc. | Add +28.7% | 0.15% | +0.03 |
| HD Home Depot Inc. | Add +4.9% | 0.38% | +0.02 |
| ORCL Oracle Corp. | Add +12.4% | 0.16% | +0.02 |
| BMY Bristol-Myers Squibb Co. | Add +31.1% | 0.08% | +0.02 |
| TTD Trade Desk Inc./the Class A | Add +82.0% | 0.05% | +0.02 |
| KRC Kilroy Realty Corp. | Add +364.4% | 0.03% | +0.02 |
| ETN Eaton Corp. PLC | Add +25.9% | 0.16% | +0.02 |
| GEV GE Vernova Inc. | Add +11.7% | 0.07% | +0.02 |
| MCD McDonald's Corp. | Add +5.5% | 0.25% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +22.0% | 0.06% | +0.02 |
| SBUX Starbucks Corp. | Add +14.4% | 0.10% | +0.02 |
Notes & Other Activity Q2 2024 → Q3 2024
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Sold out | 24,079,000 | $82.1Mbefore exit |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Add +29.4% | 22,000,000 | $40.8M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | New | 33,500,000 | $34.0M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Sold out | 500,000 | $24.6Mbefore exit |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 03/15/25) | NOTE 1.250% 3/1 · principal | New | 12,055,000 | $19.4M |
| JAZZ INVESTMENTS I LTD (JAZZ 1.5 08/15/24) | NOTE 1.500% 8/1 · principal | Sold out | 17,000,000 | $16.9Mbefore exit |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | Sold out | 17,500,000 | $16.9Mbefore exit |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | Sold out | 15,569,000 | $16.3Mbefore exit |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Add +35.4% | 15,000,000 | $14.5M |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | New | 13,000,000 | $14.4M |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | New | 10,000,000 | $13.1M |
| QQQ Invesco QQQ Trust Series 1 | UNIT SER 1 · principal | New | 18,460 | $9.0M |
| IVV iShares Core S&P 500 ETF | CORE S&P500 ETF · principal | Add +14.2% | 14,720 | $8.5M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Sold out | 10,000,000 | $8.5Mbefore exit |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | Sold out | 10,000,000 | $8.3Mbefore exit |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Sold out | 10,000,000 | $8.3Mbefore exit |
| MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24) | NOTE 0.125%11/1 · principal | New | 8,000,000 | $8.0M |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | Sold out | 4,000,000 | $5.8Mbefore exit |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | Add +3.9% | 6,000,000 | $5.7M |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | New | 4,000,000 | $4.9M |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | Sold out | 4,000,000 | $4.4Mbefore exit |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | Sold out | 5,000,000 | $4.3Mbefore exit |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | Sold out | 4,500,000 | $3.8Mbefore exit |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Sold out | 4,028,000 | $3.7Mbefore exit |
| BITDEER TECHNOLOGIES GRP (BTDR 8.5 08/15/29) | NOTE 8.500% 8/1 · principal | New | 3,000,000 | $3.6M |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Add +60.0% | 8,000,000 | $3.0M |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | Sold out | 3,000,000 | $3.0Mbefore exit |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | New | 2,500,000 | $2.3M |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | New | 3,500,000 | $1.9M |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | Sold out | 2,000,000 | $1.8Mbefore exit |
| KIMCO REALTY CORP (KIM 7.25 PERP N) | DP CV CL N 7.25% | Reduce -61.6% | 3,427 | $210K |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -29.4% | 4,801 | $125K |
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 | 1,113 | $44.1B | NVDA, MSFT, AAPL, GOOGL, AVGO |
| Q1 2026 | 1,094 | $34.5B | NVDA, MSFT, AAPL, GOOGL, AVGO |
| Q4 2025 | 1,322 | $30.8B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 1,318 | $29.5B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q2 2025 | 1,286 | $27.0B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 1,266 | $23.6B | AAPL, MSFT, NVDA, WELL, AMZN |
| Q4 2024 | 1,259 | $22.2B | AAPL, NVDA, MSFT, WELL, DLR |
| Q3 2024 | 1,259 | $21.4B | WELL, AAPL, DLR, MSFT, PLD |
| Q2 2024 | 1,296 | $18.5B | PLD, WELL, DLR, MSFT, AAPL |
| Q1 2024 | 1,294 | $17.4B | PLD, WELL, SPG, DLR, MSFT |