DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main reported 794 stock positions worth $92.9 billion. Its top holding was Microsoft (MSFT) at 6.7% of the portfolio, followed by Apple (AAPL, 6.5%) and Nvidia (NVDA, 5.9%). Compared with Q3 2024, it opened 82 new positions, sold out of 117, added to 231 and reduced 378. The biggest buy was Tesla (TSLA, shares +66%) and the biggest sale Unitedhealth (UNH, shares −75%).
- Most Recent 13F
- Q2 2026
- Location
- FRANKFURT AM MAIN, 2M
- CIK
- 0001694217
- Portfolio Value
- $92.9B (Q4 2024)
- SEC Filing
- 0000905148-25-000602 ↗ filed Feb 14, 2025
Holdings Value
Holdings 794 stocks · $92.9B
| MSFT Microsoft Corp. | 6.66% | 14,672,223 | $6.2B | Reduce -5.6% |
| AAPL Apple Inc. | 6.50% | 24,118,715 | $6.0B | Reduce -5.2% |
| NVDA Nvidia Corp. | 5.86% | 40,538,869 | $5.4B | Reduce -6.1% |
| AMZN Amazon.com Inc. | 4.11% | 17,420,533 | $3.8B | Reduce -3.8% |
| META Meta Platforms Inc. Class A | 2.83% | 4,496,155 | $2.6B | Add +18.0% |
| JPM JPMorgan Chase & Co. | 2.76% | 10,684,810 | $2.6B | Add +31.4% |
| TSLA Tesla Inc. | 2.58% | 5,937,475 | $2.4B | Add +65.5% |
| AVGO Broadcom Inc. | 2.38% | 9,529,859 | $2.2B | Add +1.1% |
| BSX Boston Scientific Corp. | 2.14% | 22,312,967 | $2.0B | Add +2.5% |
| NOW ServiceNow Inc. | 2.09% | 1,830,419 | $1.9B | Reduce -2.6% |
| GEV GE Vernova Inc. | 1.96% | 5,542,820 | $1.8B | Reduce -13.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.85% | 39,051,595 | $1.7B | Add +31.1% |
| PG The Procter & Gamble Co. | 1.82% | 10,088,059 | $1.7B | Reduce -9.6% |
| GOOGL Alphabet Inc. Class A | 1.79% | 8,795,195 | $1.7B | Reduce -0.8% |
| CRM Salesforce Inc. | 1.53% | 4,256,211 | $1.4B | Add +926.4% |
| LLY Eli Lilly & Co. | 1.53% | 1,840,512 | $1.4B | Reduce -19.1% |
| AXP American Express Co. | 1.39% | 4,357,487 | $1.3B | Add +463.3% |
| PH Parker Hannifin Corp. | 1.38% | 2,016,091 | $1.3B | Add +9.3% |
| CRH CRH PLC | 1.36% | 13,610,764 | $1.3B | Reduce -0.8% |
| BKNG Booking Holdings Inc. | 1.18% | 220,233 | $1.1B | Add +938.0% |
| PLD Prologis Inc. | 1.10% | 9,632,063 | $1.0B | Add +9.0% |
| WFC Wells Fargo & Co. | 1.07% | 14,220,763 | $998.9M | Add +1659.8% |
| V Visa Inc. Class A | 1.05% | 3,090,849 | $976.8M | Add +538.2% |
| LIN Linde PLC | 1.05% | 2,321,952 | $972.1M | Add +0.3% |
| CP Canadian Pacific Kansas City | 0.97% | 12,433,380 | $899.8M | Add +11.3% |
| BX Blackstone Inc. | 0.96% | 5,195,551 | $895.8M | Add +2.9% |
| WMT Walmart Inc. | 0.95% | 9,765,159 | $882.3M | Add +48.4% |
| UBS UBS Group AG-Reg | 0.92% | 28,307,335 | $858.4M | Add +162.6% |
| SRE Sempra | 0.90% | 9,541,467 | $837.0M | Reduce -6.2% |
| WELL Welltower Inc. | 0.88% | 6,518,273 | $821.5M | Add +3.7% |
| TMO Thermo Fisher Scientific Inc. | 0.86% | 1,535,143 | $798.6M | Reduce -9.4% |
| NEE Nextera Energy Inc. | 0.85% | 11,035,976 | $791.2M | Reduce -35.9% |
| PWR Quanta Services Inc. | 0.85% | 2,495,307 | $788.6M | Reduce -10.2% |
| GS Goldman Sachs Group Inc. | 0.80% | 1,294,084 | $741.0M | Add +214.1% |
| GE General Electric filed as GE AEROSPACE | 0.78% | 4,333,626 | $722.8M | Reduce -28.3% |
| BMY Bristol-Myers Squibb Co. | 0.76% | 12,470,106 | $705.3M | Add +701.2% |
| ORCL Oracle Corp. | 0.74% | 4,153,748 | $692.2M | Reduce -28.4% |
| UNH Unitedhealth Group Inc. | 0.70% | 1,280,112 | $647.6M | Reduce -74.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.69% | 5,735,961 | $638.7M | Add +1900.0% |
| DDOG Datadog Inc. Class A | 0.66% | 4,319,132 | $617.2M | Add +2071.3% |
| RCL Royal Caribbean Cruises Ltd. | 0.66% | 2,653,258 | $612.1M | Add +24.0% |
| NFLX Netflix Inc. | 0.65% | 680,392 | $606.4M | Reduce -28.6% |
| FISV Fiserv Inc. | 0.59% | 2,653,855 | $545.2M | Add +16.6% |
| ZTS Zoetis Inc. | 0.58% | 3,333,106 | $543.1M | Reduce -1.7% |
| AON Aon PLC Class A | 0.58% | 1,488,054 | $534.4M | Add +23.8% |
| DHI D.R. Horton Inc. | 0.57% | 3,815,335 | $533.5M | Reduce -19.0% |
| CMG Chipotle Mexican Grill Inc. | 0.54% | 8,318,735 | $501.6M | Add +4138574.1% |
| ANET Arista Networks Inc. | 0.54% | 4,518,916 | $499.5M | Reduce -17.0% |
| RL Ralph Lauren Corp. | 0.53% | 2,120,508 | $489.8M | Add +3.4% |
| GOOG Alphabet Inc. Class C | 0.53% | 2,566,285 | $488.7M | Reduce -7.6% |
| FCX Freeport-McMoran Inc. | 0.49% | 12,014,936 | $457.5M | Reduce -15.0% |
| SPOT Spotify Technology SA | 0.49% | 1,018,644 | $455.7M | Reduce -0.1% |
| ARM Arm Holdings PLC-ADR | 0.49% | 3,674,147 | $453.2M | Reduce -6.0% |
| AZO AutoZone Inc. | 0.46% | 133,402 | $427.2M | Reduce -10.8% |
| MKC McCormick & Co.-Non VTG SHRS | 0.44% | 5,374,848 | $409.8M | Reduce -4.4% |
| ECL Ecolab Inc. | 0.43% | 1,704,057 | $399.3M | Add +6.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.42% | 970,662 | $390.9M | Reduce -6.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.41% | 3,171,869 | $383.2M | Add +140.1% |
| MA Mastercard Inc. Class A | 0.41% | 719,344 | $378.8M | Add +107.3% |
| EMR Emerson Electric Co. | 0.40% | 3,022,517 | $374.6M | Add +3866.2% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.39% | 4,310,575 | $364.5M | Reduce -13.9% |
| ICE Intercontinental Exchange Inc. | 0.39% | 2,442,913 | $364.0M | Reduce -70.9% |
| ETN Eaton Corp. PLC | 0.37% | 1,033,459 | $343.0M | Add +1.1% |
| LOW Lowe's Cos Inc. | 0.37% | 1,375,225 | $339.4M | Reduce -39.0% |
| CMS CMS Energy Corp. | 0.35% | 4,865,162 | $324.3M | Add +2.8% |
| TT Trane Technologies PLC | 0.34% | 847,113 | $312.9M | Add +181.2% |
| FSLR First Solar Inc. | 0.33% | 1,748,603 | $308.2M | Add +8.6% |
| COST Costco Wholesale Corp. | 0.31% | 316,697 | $290.2M | Reduce -3.6% |
| TMUS T-Mobile US Inc. | 0.31% | 1,285,343 | $283.7M | Add +24.7% |
| CCJ Cameco Corp. | 0.28% | 5,096,675 | $261.9M | Reduce -0.8% |
| MELI MercadoLibre Inc. | 0.28% | 152,132 | $258.7M | Reduce -42.0% |
| XYL Xylem Inc. | 0.27% | 2,147,489 | $249.2M | Reduce -34.3% |
| UNP Union Pacific Corp. | 0.27% | 1,086,410 | $247.7M | Reduce -73.8% |
| ABBV Abbvie Inc. | 0.26% | 1,370,400 | $243.5M | Reduce -75.1% |
| AMT American Tower Corp. | 0.26% | 1,302,057 | $238.8M | Reduce -63.9% |
| EOG EOG Resources Inc. | 0.26% | 1,937,970 | $237.6M | Reduce -25.4% |
| BLDR Builders Firstsource Inc. | 0.26% | 1,659,733 | $237.2M | Reduce -28.0% |
| MRVL Marvell Technology Inc. | 0.24% | 2,044,925 | $225.9M | Reduce -15.9% |
| CDNS Cadence Design SYS Inc. | 0.24% | 744,936 | $223.8M | Add +0.0% |
| SCHW Schwab (charles) Corp. | 0.23% | 2,928,033 | $216.7M | Reduce -3.9% |
| DOW Dow Inc. | 0.23% | 5,235,342 | $210.1M | Reduce -30.4% |
| TCOM Trip.com Group Ltd.-ADR | 0.22% | 2,986,561 | $205.1M | Add +1925.9% |
| MRSH Marsh & McLennan Cos | 0.22% | 952,681 | $202.4M | Add +86.7% |
| SNPS Synopsys Inc. | 0.21% | 402,074 | $195.2M | Reduce -5.1% |
| DECK Deckers Outdoor Corp. | 0.21% | 947,429 | $192.4M | Add +14.9% |
| KNX Knight-Swift Transportation | 0.20% | 3,556,405 | $188.6M | Add +1.8% |
| PGR Progressive Corp. | 0.20% | 786,850 | $188.5M | Add +9.1% |
| SHOP Shopify Inc. Class A | 0.20% | 1,768,136 | $188.0M | Reduce -36.5% |
| CSCO Cisco Systems Inc. | 0.19% | 3,047,789 | $180.4M | Add +7.8% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.19% | 622,916 | $176.8M | Reduce -32.9% |
| ATO Atmos Energy Corp. | 0.19% | 1,249,896 | $174.1M | Add +0.8% |
| AMAT Applied Materials Inc. | 0.19% | 1,062,553 | $172.8M | Reduce -62.0% |
| DB Deutsche Bank AG-Registered | 0.18% | 10,060,627 | $171.5M | Reduce -1.1% |
| HD Home Depot Inc. | 0.18% | 430,214 | $167.3M | Reduce -59.1% |
| WM Waste Management Inc. | 0.17% | 797,856 | $161.0M | Add +49.8% |
| XOM Exxon Mobil Corp. | 0.17% | 1,479,345 | $159.1M | Reduce -60.1% |
| KO The Coca-Cola Co. | 0.17% | 2,535,906 | $157.9M | Add +14.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.17% | 713,193 | $156.8M | Reduce -34.3% |
| ACN Accenture PLC Class A | 0.17% | 440,664 | $155.0M | Reduce -86.5% |
| BLD Topbuild Corp. | 0.16% | 481,958 | $150.1M | Add +5.1% |
Options reported separately and not counted above: NVDA puts ($1.5B), WFC calls ($758.6M), AVGO calls ($626.0M), AAPL calls ($540.1M), COIN calls ($335.2M), NFLX calls ($320.9M), HON calls ($203.3M), ADBE puts ($140.1M), TJX calls ($97.9M), IFF calls ($54.0M), META calls ($39.3M), STLA calls ($32.6M), and 11 more.
Other holdings (118): bonds, preferreds, convertibles and warrants · $868.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 31,700,000 | $32.7M | Reduce -24.9% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 30,350,000 | $29.4M | Reduce -4.1% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 22,463,000 | $23.8M | Reduce -15.1% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 24,000,000 | $23.7M | Reduce -21.9% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 22,775,000 | $22.3M | Reduce -11.6% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 19,500,000 | $21.5M | New |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 15,500,000 | $21.2M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 19,950,000 | $20.1M | Reduce -23.1% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 18,950,000 | $19.9M | Reduce -32.2% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 16,588,000 | $18.8M | No change |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 16,350,000 | $16.8M | Reduce -35.1% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 17,500,000 | $16.5M | Reduce -2.8% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 17,500,000 | $16.3M | New |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 14,950,000 | $16.2M | New |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 16,250,000 | $16.2M | Reduce -13.3% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 15,000,000 | $15.8M | No change |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 13,650,000 | $15.0M | No change |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 11,450,000 | $14.2M | Reduce -4.2% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 13,000,000 | $13.1M | Add +6.1% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 12,000,000 | $12.8M | No change |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 13,800,000 | $12.8M | No change |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 12,750,000 | $12.7M | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 12,000,000 | $12.2M | No change |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 9,450,000 | $12.0M | No change |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 4,500,000 | $11.9M | Add +63.6% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 11,300,000 | $11.6M | Reduce -32.7% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 10,750,000 | $11.2M | No change |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 9,800,000 | $11.2M | No change |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 10,100,000 | $10.7M | No change |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 10,550,000 | $10.5M | No change |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 9,800,000 | $10.0M | Add +8.9% |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 8,500,000 | $9.9M | Reduce -22.7% |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | 10,000,000 | $9.9M | No change |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 8,750,000 | $9.8M | Reduce -10.3% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 7,900,000 | $9.6M | No change |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 9,500,000 | $9.2M | No change |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 9,750,000 | $9.2M | Reduce -46.6% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 9,450,000 | $9.0M | No change |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 9,750,000 | $8.8M | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 8,000,000 | $8.6M | Reduce -8.1% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 9,250,000 | $8.6M | No change |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 8,250,000 | $8.6M | No change |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 8,750,000 | $8.5M | Reduce -10.3% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 12,150,000 | $8.4M | Add +30.6% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 7,750,000 | $8.3M | Add +14.8% |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 6,500,000 | $8.3M | No change |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 8,400,000 | $8.0M | No change |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | 8,250,000 | $7.9M | Reduce -10.8% |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 7,000,000 | $7.2M | Reduce -30.0% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 6,500,000 | $7.2M | No change |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 6,000,000 | $7.0M | Reduce -36.8% |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 7,000,000 | $6.9M | No change |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 7,000,000 | $6.8M | Reduce -15.2% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 6,250,000 | $6.4M | No change |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 5,950,000 | $5.9M | Reduce -29.6% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 6,000,000 | $5.8M | Add +4.3% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 5,300,000 | $5.8M | Reduce -5.4% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 4,500,000 | $5.6M | Add +28.6% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 6,200,000 | $5.6M | Reduce -22.5% |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 5,500,000 | $5.3M | No change |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 5,500,000 | $5.1M | Add +4.8% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 5,000,000 | $4.8M | No change |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 5,150,000 | $4.8M | Reduce -12.7% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 4,450,000 | $4.8M | No change |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 3,800,000 | $4.6M | Reduce -78.6% |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 4,750,000 | $4.5M | Reduce -51.3% |
| BILL HOLDINGS INC (BILL 0 12/01/25) | NOTE 12/0 · principal | 4,500,000 | $4.3M | Reduce -10.0% |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 4,000,000 | $4.0M | Reduce -11.1% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 3,290,000 | $4.0M | Add +8.2% |
| NUVASIVE INC (GMED 0.375 03/15/25) | NOTE 0.375% 3/1 · principal | 4,000,000 | $4.0M | No change |
| EXACT SCIENCES CORP (EXAS 1 01/15/25) | NOTE 1.000% 1/1 · principal | 3,900,000 | $3.9M | Reduce -11.4% |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 3,750,000 | $3.6M | Add +66.7% |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 2,500,000 | $3.6M | Reduce -56.5% |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 3,950,000 | $3.4M | No change |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 3,200,000 | $3.4M | Add +45.5% |
| CHEGG INC (CHGG 0.125 03/15/25) | NOTE 0.125% 3/1 · principal | 3,450,000 | $3.4M | Reduce -22.5% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 3,850,000 | $3.2M | No change |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 3,250,000 | $3.1M | No change |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 3,250,000 | $2.9M | No change |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 3,000,000 | $2.9M | No change |
| OMNICELL INC (OMCL 0.25 09/15/25) | NOTE 0.250% 9/1 · principal | 3,000,000 | $2.9M | Reduce -55.2% |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 2,700,000 | $2.7M | No change |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 2,250,000 | $2.6M | Add +800.0% |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 2,500,000 | $2.6M | New |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 2,500,000 | $2.3M | Reduce -58.3% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 2,500,000 | $2.3M | No change |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 2,300,000 | $2.1M | No change |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | 2,000,000 | $2.0M | Reduce -28.6% |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 1,900,000 | $1.9M | New |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 2,100,000 | $1.9M | No change |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 2,000,000 | $1.8M | No change |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 1,750,000 | $1.6M | Reduce -12.5% |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 1,750,000 | $1.6M | No change |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 1,500,000 | $1.6M | No change |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 1,250,000 | $1.6M | Add +400.0% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 1,800,000 | $1.6M | No change |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | 1,550,000 | $1.5M | Reduce -24.4% |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 1,500,000 | $1.5M | Reduce -25.0% |
| RINGCENTRAL INC (RNG 0 03/01/25) | NOTE 3/0 · principal | 1,500,000 | $1.5M | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 1,250,000 | $1.5M | Reduce -16.7% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,500,000 | $1.5M | Add +50.0% |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 1,450,000 | $1.4M | No change |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 1,000,000 | $1.2M | No change |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 1,250,000 | $1.2M | No change |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 1,250,000 | $1.1M | No change |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | 1,000,000 | $955K | No change |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 750,000 | $720K | Reduce -28.6% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 500,000 | $696K | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 500,000 | $653K | No change |
| LIVE NATION ENTERTAINMEN (LYV 2 02/15/25) | NOTE 2.000% 2/1 · principal | 500,000 | $614K | No change |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | 500,000 | $475K | No change |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 500,000 | $449K | Reduce -50.0% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 500,000 | $447K | Reduce -50.0% |
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | 450,000 | $444K | No change |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 250,000 | $334K | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 250,000 | $236K | No change |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 250,000 | $228K | No change |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 73 | $773 | No change |
Total filed on the 13F, all lines: $93.8B.
Portfolio Sells Q3 2024 → Q4 2024
| UNH Unitedhealth Group Inc. | Reduce -74.8% | 0.70% | −2.41 |
| DHR Danaher Corp. | Reduce -91.9% | 0.08% | −1.06 |
| ACN Accenture PLC Class A | Reduce -86.5% | 0.17% | −1.04 |
| ICE Intercontinental Exchange Inc. | Reduce -70.9% | 0.39% | −1.02 |
| ABBV Abbvie Inc. | Reduce -75.1% | 0.26% | −0.88 |
| UNP Union Pacific Corp. | Reduce -73.8% | 0.27% | −0.80 |
| UBER Uber Technologies Inc. | Reduce -90.2% | 0.07% | −0.78 |
| NEE Nextera Energy Inc. | Reduce -35.9% | 0.85% | −0.67 |
| AMT American Tower Corp. | Reduce -63.9% | 0.26% | −0.62 |
| LLY Eli Lilly & Co. | Reduce -19.1% | 1.53% | −0.58 |
| MRK Merck & Co. Inc. | Reduce -82.5% | 0.09% | −0.50 |
| SBUX Starbucks Corp. | Reduce -92.8% | 0.03% | −0.46 |
| ADBE Adobe Inc. | Reduce -85.5% | 0.06% | −0.41 |
| GE General Electric | Reduce -28.3% | 0.78% | −0.41 |
| AMAT Applied Materials Inc. | Reduce -62.0% | 0.19% | −0.40 |
| DHI D.R. Horton Inc. | Reduce -19.0% | 0.57% | −0.36 |
| MSFT Microsoft Corp. | Reduce -5.6% | 6.66% | −0.33 |
| ORCL Oracle Corp. | Reduce -28.4% | 0.74% | −0.29 |
| COP Conocophillips | Reduce -77.3% | 0.08% | −0.29 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -88.6% | 0.04% | −0.29 |
| MELI MercadoLibre Inc. | Reduce -42.0% | 0.28% | −0.28 |
| XOM Exxon Mobil Corp. | Reduce -60.1% | 0.17% | −0.28 |
| LOW Lowe's Cos Inc. | Reduce -39.0% | 0.37% | −0.27 |
| HD Home Depot Inc. | Reduce -59.1% | 0.18% | −0.27 |
| ACGL Arch Capital Group Ltd. | Reduce -63.1% | 0.11% | −0.25 |
| FCX Freeport-McMoran Inc. | Reduce -15.0% | 0.49% | −0.24 |
| TMO Thermo Fisher Scientific Inc. | Reduce -9.4% | 0.86% | −0.24 |
| BLDR Builders Firstsource Inc. | Reduce -28.0% | 0.26% | −0.21 |
| DOW Dow Inc. | Reduce -30.4% | 0.23% | −0.20 |
| PG The Procter & Gamble Co. | Reduce -9.6% | 1.82% | −0.20 |
| XYL Xylem Inc. | Reduce -34.3% | 0.27% | −0.19 |
| SHW The Sherwin-Williams Co. | Reduce -93.9% | 0.01% | −0.18 |
| AES AES Corp. | Sold out | 0.00% | −0.16 |
| IFF Intl Flavors & Fragrances | Reduce -13.9% | 0.39% | −0.16 |
| IQV Iqvia Holdings Inc. | Reduce -57.0% | 0.06% | −0.11 |
| ZTS Zoetis Inc. | Reduce -1.7% | 0.58% | −0.11 |
| ARM Arm Holdings PLC-ADR | Reduce -6.0% | 0.49% | −0.10 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -6.4% | 0.42% | −0.08 |
| AJG Arthur J Gallagher & Co. | Reduce -32.9% | 0.19% | −0.08 |
| IBM Intl Business Machines Corp. | Reduce -34.3% | 0.17% | −0.08 |
| CEG Constellation Energy | Reduce -85.3% | 0.01% | −0.08 |
| LOGI Logitech International-Reg | Reduce -56.9% | 0.05% | −0.08 |
| AMGN Amgen Inc. | Reduce -57.0% | 0.04% | −0.08 |
| EOG EOG Resources Inc. | Reduce -25.4% | 0.26% | −0.08 |
| BDX Becton Dickinson and Co. | Reduce -50.4% | 0.06% | −0.07 |
| COTY Coty Inc. Class A | Sold out | 0.00% | −0.07 |
| PEP Pepsico Inc. | Reduce -33.0% | 0.10% | −0.06 |
| WSC Willscot Holdings Corp. | Reduce -95.7% | 0.00% | −0.06 |
| CL Colgate-Palmolive Co. | Reduce -40.1% | 0.07% | −0.06 |
| NTAP Netapp Inc. | Reduce -63.5% | 0.03% | −0.06 |
Portfolio Buys Q3 2024 → Q4 2024
| TSLA Tesla Inc. | Add +65.5% | 2.58% | +1.60 |
| CRM Salesforce Inc. | Add +926.4% | 1.53% | +1.41 |
| AXP American Express Co. | Add +463.3% | 1.39% | +1.17 |
| BKNG Booking Holdings Inc. | Add +938.0% | 1.18% | +1.08 |
| WFC Wells Fargo & Co. | Add +1659.8% | 1.07% | +1.03 |
| JPM JPMorgan Chase & Co. | Add +31.4% | 2.76% | +0.96 |
| V Visa Inc. Class A | Add +538.2% | 1.05% | +0.91 |
| AVGO Broadcom Inc. | Add +1.1% | 2.38% | +0.68 |
| BMY Bristol-Myers Squibb Co. | Add +701.2% | 0.76% | +0.67 |
| DIS The Walt Disney Co. | Add +1900.0% | 0.69% | +0.66 |
| DDOG Datadog Inc. Class A | Add +2071.3% | 0.66% | +0.64 |
| BAC Bank of America Corp. | Add +31.1% | 1.85% | +0.61 |
| GS Goldman Sachs Group Inc. | Add +214.1% | 0.80% | +0.58 |
| UBS UBS Group AG-Reg | Add +162.6% | 0.92% | +0.58 |
| META Meta Platforms Inc. Class A | Add +18.0% | 2.83% | +0.55 |
| CMG Chipotle Mexican Grill Inc. | Add +4138574.1% | 0.54% | +0.54 |
| EMR Emerson Electric Co. | Add +3866.2% | 0.40% | +0.39 |
| WMT Walmart Inc. | Add +48.4% | 0.95% | +0.39 |
| RCL Royal Caribbean Cruises Ltd. | Add +24.0% | 0.66% | +0.26 |
| TJX TJX Companies Inc. | Add +140.1% | 0.41% | +0.25 |
| BSX Boston Scientific Corp. | Add +2.5% | 2.14% | +0.24 |
| MA Mastercard Inc. Class A | Add +107.3% | 0.41% | +0.23 |
| TT Trane Technologies PLC | Add +181.2% | 0.34% | +0.21 |
| TCOM Trip.com Group Ltd.-ADR | Add +1925.9% | 0.22% | +0.21 |
| PH Parker Hannifin Corp. | Add +9.3% | 1.38% | +0.16 |
| FISV Fiserv Inc. | Add +16.6% | 0.59% | +0.16 |
| BX Blackstone Inc. | Add +2.9% | 0.96% | +0.16 |
| AON Aon PLC Class A | Add +23.8% | 0.58% | +0.14 |
| RL Ralph Lauren Corp. | Add +3.4% | 0.53% | +0.11 |
| MRSH Marsh & McLennan Cos | Add +86.7% | 0.22% | +0.10 |
| TMUS T-Mobile US Inc. | Add +24.7% | 0.31% | +0.08 |
| SYY Sysco Corp. | Add +9792.2% | 0.08% | +0.08 |
| HBAN Huntington Bancshares Inc. | Add +126.7% | 0.12% | +0.08 |
| DECK Deckers Outdoor Corp. | Add +14.9% | 0.21% | +0.07 |
| CMCSA Comcast Corp. Class A | Add +151.0% | 0.11% | +0.06 |
| WM Waste Management Inc. | Add +49.8% | 0.17% | +0.06 |
| BNTX Biontech SE-ADR | Add +632.6% | 0.06% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +24.9% | 0.15% | +0.05 |
| WELL Welltower Inc. | Add +3.7% | 0.88% | +0.04 |
| T AT&T Inc. | Add +311.5% | 0.05% | +0.04 |
| DRI Darden Restaurants Inc. | New | 0.04% | +0.04 |
| CSCO Cisco Systems Inc. | Add +7.8% | 0.19% | +0.04 |
| CDNS Cadence Design SYS Inc. | Add +0.0% | 0.24% | +0.03 |
| HON Honeywell International Inc. | Add +63.1% | 0.06% | +0.03 |
| DELL Dell Technologies -C | Add +110.1% | 0.05% | +0.03 |
| PM Philip Morris International | Add +25.2% | 0.13% | +0.03 |
| VRT Vertiv Holdings Co. Class A | Add +5.4% | 0.14% | +0.03 |
| KKR KKR & Co. Inc. | Add +21.4% | 0.07% | +0.02 |
| MSTR Strategy Inc. | Add +262.0% | 0.02% | +0.02 |
| TPR Tapestry Inc. | New | 0.02% | +0.02 |
Options Activity Q3 2024 → Q4 2024
| NVDA Nvidia Corp. | put | Reduce -1.4% | 10,929,000 | $1.5B |
| WFC Wells Fargo & Co. | call | New | 10,800,000 | $758.6M |
| TT Trane Technologies PLC | call | Sold out | 1,440,000 | $559.8Mbefore exit |
| AAPL Apple Inc. | call | Reduce -14.5% | 2,156,800 | $540.1M |
| NOW ServiceNow Inc. | put | Sold out | 540,000 | $483.0Mbefore exit |
| ABBV Abbvie Inc. | call | Sold out | 1,980,000 | $389.3Mbefore exit |
| COIN Coinbase Global Inc. Class A | call | New | 1,350,000 | $335.2M |
| NFLX Netflix Inc. | call | New | 360,000 | $320.9M |
| XOM Exxon Mobil Corp. | call | Sold out | 2,040,000 | $238.3Mbefore exit |
| HON Honeywell International Inc. | call | New | 900,000 | $203.3M |
| ADBE Adobe Inc. | put | Reduce -70.8% | 315,000 | $140.1M |
| VRTX Vertex Pharmaceuticals Inc. | call | Sold out | 213,000 | $98.9Mbefore exit |
| TJX TJX Companies Inc. | call | Reduce -59.1% | 810,000 | $97.9M |
| IFF Intl Flavors & Fragrances | call | Reduce -46.8% | 639,000 | $54.0M |
| META Meta Platforms Inc. Class A | call | Reduce -31.1% | 67,100 | $39.3M |
| STLA Stellantis NV | call | New | 2,500,000 | $32.6M |
| STLA Stellantis NV | put | New | 2,500,000 | $32.6M |
| MSFT Microsoft Corp. | call | Reduce -5.8% | 65,200 | $27.5M |
| STLD Steel Dynamics Inc. | call | Sold out | 198,500 | $24.9Mbefore exit |
| V Visa Inc. Class A | call | Reduce -21.1% | 78,500 | $24.8M |
| GOOGL Alphabet Inc. Class A | call | Reduce -5.8% | 126,700 | $24.0M |
| ABT Abbott Laboratories | call | Reduce -22.2% | 149,000 | $16.9M |
| NVDA Nvidia Corp. | call | Reduce -14.4% | 125,000 | $16.8M |
| LVS Las Vegas Sands Corp. | call | Sold out | 260,000 | $13.1Mbefore exit |
| EA Electronic Arts Inc. | call | Reduce -14.2% | 81,500 | $11.9M |
| LULU Lululemon Athletica Inc. | call | Sold out | 35,900 | $9.8Mbefore exit |
| EXE Expand Energy Corp. | call | Add +15.0% | 543 | $54K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Reduce -24.9% | 31,700,000 | $32.7M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Reduce -4.1% | 30,350,000 | $29.4M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | Reduce -15.1% | 22,463,000 | $23.8M |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | Reduce -21.9% | 24,000,000 | $23.7M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Reduce -11.6% | 22,775,000 | $22.3M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | New | 19,500,000 | $21.5M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Reduce -23.1% | 19,950,000 | $20.1M |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | Reduce -32.2% | 18,950,000 | $19.9M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Reduce -35.1% | 16,350,000 | $16.8M |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Sold out | 17,500,000 | $16.7Mbefore exit |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Reduce -2.8% | 17,500,000 | $16.5M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | New | 17,500,000 | $16.3M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | New | 14,950,000 | $16.2M |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Reduce -13.3% | 16,250,000 | $16.2M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Reduce -4.2% | 11,450,000 | $14.2M |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Add +6.1% | 13,000,000 | $13.1M |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | Add +63.6% | 4,500,000 | $11.9M |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Sold out | 9,750,000 | $11.8Mbefore exit |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Reduce -32.7% | 11,300,000 | $11.6M |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | Add +8.9% | 9,800,000 | $10.0M |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | Reduce -22.7% | 8,500,000 | $9.9M |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | Reduce -10.3% | 8,750,000 | $9.8M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Reduce -46.6% | 9,750,000 | $9.2M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Reduce -8.1% | 8,000,000 | $8.6M |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Reduce -10.3% | 8,750,000 | $8.5M |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | Add +30.6% | 12,150,000 | $8.4M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +14.8% | 7,750,000 | $8.3M |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | Reduce -10.8% | 8,250,000 | $7.9M |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | Reduce -30.0% | 7,000,000 | $7.2M |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | Reduce -36.8% | 6,000,000 | $7.0M |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Reduce -15.2% | 7,000,000 | $6.8M |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | Reduce -29.6% | 5,950,000 | $5.9M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Add +4.3% | 6,000,000 | $5.8M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Reduce -5.4% | 5,300,000 | $5.8M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Add +28.6% | 4,500,000 | $5.6M |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | Reduce -22.5% | 6,200,000 | $5.6M |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Add +4.8% | 5,500,000 | $5.1M |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | Reduce -12.7% | 5,150,000 | $4.8M |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 3,250,000 | $4.6Mbefore exit |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Reduce -78.6% | 3,800,000 | $4.6M |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | Reduce -51.3% | 4,750,000 | $4.5M |
| BILL HOLDINGS INC (BILL 0 12/01/25) | NOTE 12/0 · principal | Reduce -10.0% | 4,500,000 | $4.3M |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | Sold out | 4,250,000 | $4.2Mbefore exit |
| ENVESTNET INC (ENV 2.625 12/01/27) | NOTE 2.625%12/0 · principal | Sold out | 4,000,000 | $4.2Mbefore exit |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Sold out | 3,250,000 | $4.2Mbefore exit |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | Reduce -11.1% | 4,000,000 | $4.0M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Add +8.2% | 3,290,000 | $4.0M |
| EXACT SCIENCES CORP (EXAS 1 01/15/25) | NOTE 1.000% 1/1 · principal | Reduce -11.4% | 3,900,000 | $3.9M |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | Add +66.7% | 3,750,000 | $3.6M |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | Reduce -56.5% | 2,500,000 | $3.6M |
Showing the first 50 of 82.
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 | 947 | $126.3B | NVDA, AAPL, GOOGL, AMZN, MSFT |
| Q1 2026 | 873 | $108.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 846 | $113.0B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q3 2025 | 830 | $110.0B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 799 | $95.6B | MSFT, NVDA, AAPL, META, AMZN |
| Q1 2025 | 830 | $84.9B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 794 | $92.9B | MSFT, AAPL, NVDA, AMZN, META |
| Q3 2024Amended | 828 | $95.7B | MSFT, AAPL, NVDA, AMZN, UNH |
| Q2 2024Amended | 843 | $90.1B | MSFT, NVDA, AAPL, AMZN, PG |
| Q1 2024Amended | 844 | $86.9B | MSFT, NVDA, AMZN, AAPL, JPM |