DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main reported 830 stock positions worth $84.9 billion. Its top holding was Apple (AAPL) at 6.8% of the portfolio, followed by Microsoft (MSFT, 6.4%) and Nvidia (NVDA, 4.8%). Compared with Q4 2024, it opened 103 new positions, sold out of 64, added to 361 and reduced 282. The biggest buy was Coca-Cola (KO, shares +667%) and the biggest sale Tesla (TSLA, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- FRANKFURT AM MAIN, 2M
- CIK
- 0001694217
- Portfolio Value
- $84.9B (Q1 2025)
- SEC Filing
- 0000905148-25-001691 ↗ filed May 15, 2025
Holdings Value
Holdings 830 stocks · $84.9B
| AAPL Apple Inc. | 6.84% | 26,137,338 | $5.8B | Add +8.4% |
| MSFT Microsoft Corp. | 6.43% | 14,549,510 | $5.5B | Reduce -0.8% |
| NVDA Nvidia Corp. | 4.84% | 37,952,247 | $4.1B | Reduce -6.4% |
| AMZN Amazon.com Inc. | 3.09% | 13,794,537 | $2.6B | Reduce -20.8% |
| META Meta Platforms Inc. Class A | 3.07% | 4,526,051 | $2.6B | Add +0.7% |
| JPM JPMorgan Chase & Co. | 2.15% | 7,447,784 | $1.8B | Reduce -30.3% |
| BSX Boston Scientific Corp. | 2.11% | 17,744,264 | $1.8B | Reduce -20.5% |
| LLY Eli Lilly & Co. | 2.06% | 2,113,836 | $1.7B | Add +14.8% |
| PG The Procter & Gamble Co. | 1.98% | 9,864,710 | $1.7B | Reduce -2.2% |
| KO The Coca-Cola Co. | 1.64% | 19,449,328 | $1.4B | Add +667.0% |
| GOOGL Alphabet Inc. Class A | 1.60% | 8,806,234 | $1.4B | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.50% | 30,442,530 | $1.3B | Reduce -22.1% |
| SHW The Sherwin-Williams Co. | 1.45% | 3,536,355 | $1.2B | Add +11741.5% |
| V Visa Inc. Class A | 1.43% | 3,465,257 | $1.2B | Add +12.1% |
| BKNG Booking Holdings Inc. | 1.42% | 261,641 | $1.2B | Add +18.8% |
| LIN Linde PLC | 1.38% | 2,508,538 | $1.2B | Add +8.0% |
| CRH CRH PLC | 1.28% | 12,322,787 | $1.1B | Reduce -9.5% |
| TMO Thermo Fisher Scientific Inc. | 1.24% | 2,123,640 | $1.1B | Add +38.3% |
| BMY Bristol-Myers Squibb Co. | 1.23% | 17,073,147 | $1.0B | Add +36.9% |
| WMT Walmart Inc. | 1.22% | 11,769,267 | $1.0B | Add +20.5% |
| AXP American Express Co. | 1.21% | 3,811,589 | $1.0B | Reduce -12.5% |
| PLD Prologis Inc. | 1.16% | 8,808,139 | $984.7M | Reduce -8.6% |
| WELL Welltower Inc. | 1.14% | 6,330,814 | $969.9M | Reduce -2.9% |
| NOW ServiceNow Inc. | 1.13% | 1,201,460 | $956.5M | Reduce -34.4% |
| GE General Electric filed as GE AEROSPACE | 1.12% | 4,735,015 | $947.7M | Add +9.3% |
| PH Parker Hannifin Corp. | 1.08% | 1,503,223 | $913.7M | Reduce -25.4% |
| JNJ Johnson & Johnson | 1.02% | 5,236,890 | $868.5M | Add +493.7% |
| WFC Wells Fargo & Co. | 0.99% | 11,755,990 | $844.0M | Reduce -17.3% |
| MA Mastercard Inc. Class A | 0.96% | 1,487,477 | $815.3M | Add +106.8% |
| GEV GE Vernova Inc. | 0.94% | 2,613,704 | $797.9M | Reduce -52.9% |
| CP Canadian Pacific Kansas City | 0.91% | 11,058,349 | $776.0M | Reduce -11.1% |
| PGR Progressive Corp. | 0.83% | 2,480,585 | $702.0M | Add +215.3% |
| UBS UBS Group AG-Reg | 0.80% | 22,259,342 | $676.4M | Reduce -21.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.76% | 5,274,488 | $642.4M | Add +66.3% |
| AVGO Broadcom Inc. | 0.75% | 3,821,280 | $639.8M | Reduce -59.9% |
| ECL Ecolab Inc. | 0.75% | 2,520,786 | $639.1M | Add +47.9% |
| ABT Abbott Laboratories | 0.75% | 4,802,846 | $637.1M | Add +394.2% |
| T AT&T Inc. | 0.74% | 22,345,984 | $631.9M | Add +1022.5% |
| NFLX Netflix Inc. | 0.73% | 663,104 | $618.4M | Reduce -2.5% |
| CRM Salesforce Inc. | 0.72% | 2,288,872 | $614.2M | Reduce -46.2% |
| AON Aon PLC Class A | 0.69% | 1,470,020 | $586.7M | Reduce -1.2% |
| EMR Emerson Electric Co. | 0.67% | 5,186,586 | $568.7M | Add +71.6% |
| RCL Royal Caribbean Cruises Ltd. | 0.66% | 2,723,676 | $559.6M | Add +2.6% |
| ARM Arm Holdings PLC-ADR | 0.65% | 5,204,100 | $555.7M | Add +41.6% |
| AZO AutoZone Inc. | 0.59% | 131,698 | $502.1M | Reduce -1.3% |
| DHI D.R. Horton Inc. | 0.59% | 3,948,556 | $502.0M | Add +3.5% |
| NEE Nextera Energy Inc. | 0.57% | 6,802,959 | $482.3M | Reduce -38.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.55% | 960,854 | $465.8M | Reduce -1.0% |
| GOOG Alphabet Inc. Class C | 0.54% | 2,939,737 | $459.3M | Add +14.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.53% | 4,531,776 | $447.3M | Reduce -21.0% |
| FISV Fiserv Inc. | 0.51% | 1,967,152 | $434.4M | Reduce -25.9% |
| TSLA Tesla Inc. | 0.51% | 1,658,771 | $429.9M | Reduce -72.1% |
| TMUS T-Mobile US Inc. | 0.51% | 1,609,130 | $429.2M | Add +25.2% |
| PM Philip Morris International | 0.50% | 2,669,557 | $423.7M | Add +167.5% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.48% | 1,191,747 | $411.4M | Add +91.3% |
| CVX Chevron Corp. | 0.48% | 2,458,510 | $411.3M | Add +461.1% |
| MCD McDonald's Corp. | 0.48% | 1,316,041 | $411.1M | Add +195.5% |
| ODFL Old Dominion Freight Line | 0.47% | 2,415,000 | $399.6M | Add +392.1% |
| ORCL Oracle Corp. | 0.47% | 2,843,475 | $397.5M | Reduce -31.5% |
| HD Home Depot Inc. | 0.46% | 1,070,857 | $392.5M | Add +148.9% |
| PWR Quanta Services Inc. | 0.46% | 1,543,227 | $392.3M | Reduce -38.1% |
| MCK McKesson Corp. | 0.45% | 572,484 | $385.3M | Add +1252.1% |
| ADI Analog Devices Inc. | 0.44% | 1,863,076 | $375.7M | Add +2085.9% |
| CME Cme Group Inc. | 0.44% | 1,395,032 | $370.1M | Add +160.5% |
| ABBV Abbvie Inc. | 0.43% | 1,753,691 | $367.4M | Add +28.0% |
| CMS CMS Energy Corp. | 0.42% | 4,767,377 | $358.1M | Reduce -2.0% |
| TPR Tapestry Inc. | 0.41% | 5,003,136 | $352.3M | Add +1650.5% |
| FCX Freeport-McMoran Inc. | 0.41% | 9,276,296 | $351.2M | Reduce -22.8% |
| CMG Chipotle Mexican Grill Inc. | 0.40% | 6,825,918 | $342.7M | Reduce -17.9% |
| AEM Agnico Eagle Mines Ltd. | 0.39% | 3,053,637 | $331.0M | Add +264.5% |
| UNP Union Pacific Corp. | 0.39% | 1,389,347 | $328.2M | Add +27.9% |
| MKC McCormick & Co.-Non VTG SHRS | 0.37% | 3,863,623 | $318.0M | Reduce -28.1% |
| LOW Lowe's Cos Inc. | 0.37% | 1,354,085 | $315.8M | Reduce -1.5% |
| EW Edwards Lifesciences Corp. | 0.37% | 4,323,538 | $313.4M | Add +5595.5% |
| SPOT Spotify Technology SA | 0.36% | 561,630 | $308.9M | Reduce -44.9% |
| XYZ Block Inc. | 0.36% | 5,551,110 | $301.6M | Add +8080.5% |
| DB Deutsche Bank AG-Registered | 0.34% | 12,414,817 | $292.6M | Add +23.4% |
| COST Costco Wholesale Corp. | 0.33% | 298,005 | $281.8M | Reduce -5.9% |
| CSCO Cisco Systems Inc. | 0.32% | 4,362,930 | $269.2M | Add +43.1% |
| FTNT Fortinet Inc. | 0.29% | 2,515,223 | $242.1M | Add +12560.9% |
| JCI Johnson Controls Internation | 0.28% | 3,021,367 | $242.0M | Add +15735.3% |
| MMM 3M Co. | 0.28% | 1,600,025 | $235.0M | Add +1150.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.27% | 937,793 | $233.2M | Add +31.5% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.27% | 2,987,396 | $231.9M | Reduce -30.7% |
| SCHW Schwab (charles) Corp. | 0.27% | 2,921,030 | $228.7M | Reduce -0.2% |
| UNH Unitedhealth Group Inc. | 0.26% | 421,577 | $220.8M | Reduce -67.1% |
| MRSH Marsh & McLennan Cos | 0.26% | 896,756 | $218.8M | Reduce -5.9% |
| ATO Atmos Energy Corp. | 0.25% | 1,400,223 | $216.4M | Add +12.0% |
| CCJ Cameco Corp. | 0.24% | 5,005,442 | $206.0M | Reduce -1.8% |
| BLDR Builders Firstsource Inc. | 0.24% | 1,611,836 | $201.4M | Reduce -2.9% |
| WM Waste Management Inc. | 0.23% | 832,707 | $192.8M | Add +4.4% |
| TCOM Trip.com Group Ltd.-ADR | 0.22% | 2,973,311 | $189.0M | Reduce -0.4% |
| AMT American Tower Corp. | 0.22% | 851,045 | $185.2M | Reduce -34.6% |
| KNX Knight-Swift Transportation | 0.21% | 4,185,571 | $182.0M | Add +17.7% |
| TT Trane Technologies PLC | 0.21% | 532,163 | $179.3M | Reduce -37.2% |
| XYL Xylem Inc. | 0.19% | 1,318,807 | $157.5M | Reduce -38.6% |
| CTAS Cintas Corp. | 0.18% | 747,993 | $153.7M | Add +90.3% |
| BLD Topbuild Corp. | 0.17% | 473,038 | $144.3M | Reduce -1.9% |
| AMAT Applied Materials Inc. | 0.17% | 990,474 | $143.7M | Reduce -6.8% |
| CB Chubb Ltd. | 0.17% | 475,277 | $143.5M | Add +158.4% |
Options reported separately and not counted above: NVDA puts ($692.6M), WFC calls ($514.1M), DE calls ($485.3M), NFLX calls ($333.6M), FTNT calls ($321.2M), MMM calls ($276.7M), HON calls ($189.9M), TPR calls ($189.2M), AAPL calls ($138.0M), STLA calls ($53.6M), META calls ($47.2M), STLA puts ($27.7M), and 18 more.
Other holdings (112): bonds, preferreds, convertibles and warrants · $971.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 48,650,000 | $45.9M | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 30,350,000 | $29.7M | No change |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 29,700,000 | $29.7M | Reduce -6.3% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 22,250,000 | $27.1M | Add +14.1% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 24,500,000 | $25.1M | Add +2.1% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 25,275,000 | $24.0M | Add +11.0% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 22,463,000 | $22.4M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 22,200,000 | $21.7M | Add +11.3% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 18,950,000 | $21.2M | No change |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 16,588,000 | $21.2M | No change |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 19,500,000 | $19.3M | Add +20.0% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 15,500,000 | $18.6M | Add +307.9% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 17,100,000 | $18.5M | Add +4.6% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 14,950,000 | $17.6M | No change |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 13,800,000 | $16.4M | Add +78.1% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 12,200,000 | $16.1M | Add +6.5% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 17,100,000 | $15.9M | Add +25.3% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 14,500,000 | $15.4M | Add +11.5% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 17,500,000 | $15.1M | No change |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 12,300,000 | $14.2M | Add +2.5% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 15,300,000 | $13.3M | Reduce -12.6% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 13,000,000 | $13.1M | Add +1633.3% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 13,800,000 | $13.0M | No change |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 13,200,000 | $12.9M | Reduce -12.0% |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 12,750,000 | $12.8M | No change |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 13,000,000 | $12.4M | Add +33.3% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 11,300,000 | $12.3M | No change |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 5,000,000 | $12.3M | Add +11.1% |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 9,450,000 | $11.9M | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 11,500,000 | $11.9M | Reduce -4.2% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 12,750,000 | $11.4M | Add +30.8% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 12,050,000 | $11.1M | New |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 9,300,000 | $11.1M | Reduce -5.1% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 11,250,000 | $10.9M | Add +4.7% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 10,550,000 | $10.4M | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 10,000,000 | $10.4M | Add +53.9% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 10,300,000 | $10.4M | Add +5.1% |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 10,050,000 | $10.1M | Add +18.2% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 9,450,000 | $10.0M | No change |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 10,100,000 | $9.9M | No change |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 7,900,000 | $9.6M | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 7,500,000 | $9.6M | Reduce -6.3% |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 7,750,000 | $9.4M | Reduce -11.4% |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 9,500,000 | $9.2M | No change |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 8,250,000 | $9.1M | No change |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 7,500,000 | $8.8M | Add +1400.0% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 7,568,000 | $8.7M | New |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 9,250,000 | $8.7M | No change |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 12,150,000 | $8.5M | No change |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 8,750,000 | $8.4M | No change |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 8,400,000 | $8.1M | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 7,250,000 | $7.7M | Add +1350.0% |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 7,000,000 | $7.5M | No change |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 7,400,000 | $7.2M | Add +289.5% |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 7,000,000 | $7.2M | No change |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 6,800,000 | $7.0M | Add +28.3% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 5,000,000 | $7.0M | Reduce -67.7% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 6,750,000 | $6.8M | Add +350.0% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 7,000,000 | $6.8M | Add +16.7% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 7,000,000 | $6.7M | No change |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 6,750,000 | $6.6M | Add +22.7% |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 6,000,000 | $6.2M | No change |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 6,200,000 | $5.8M | Add +93.8% |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 6,750,000 | $5.7M | New |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 5,500,000 | $5.7M | Add +144.4% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 6,200,000 | $5.5M | No change |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 5,500,000 | $5.4M | Reduce -12.0% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 5,500,000 | $5.2M | No change |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 5,150,000 | $4.9M | No change |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 4,250,000 | $4.9M | Add +70.0% |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 4,750,000 | $4.6M | No change |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 5,000,000 | $4.6M | Add +53.9% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 3,290,000 | $4.4M | No change |
| BILL HOLDINGS INC (BILL 0 12/01/25) | NOTE 12/0 · principal | 4,500,000 | $4.3M | No change |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 4,000,000 | $4.3M | No change |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 3,750,000 | $3.6M | No change |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 3,950,000 | $3.5M | No change |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 3,850,000 | $3.3M | No change |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 3,250,000 | $3.2M | No change |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 2,947,000 | $2.9M | New |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 3,000,000 | $2.9M | No change |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 2,000,000 | $2.9M | Reduce -69.2% |
| OMNICELL INC (OMCL 0.25 09/15/25) | NOTE 0.250% 9/1 · principal | 3,000,000 | $2.9M | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 3,000,000 | $2.8M | Reduce -40.0% |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 2,700,000 | $2.6M | No change |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · 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 | $2.3M | 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 | No change |
| 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 |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 1,750,000 | $1.7M | New |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 1,750,000 | $1.7M | No change |
| 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 | No change |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 1,500,000 | $1.5M | No change |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,500,000 | $1.4M | No change |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 1,450,000 | $1.4M | No change |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 1,250,000 | $1.3M | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 1,250,000 | $1.3M | No change |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 1,250,000 | $1.2M | No change |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 1,000,000 | $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 | $964K | No change |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | 500,000 | $484K | No change |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 500,000 | $466K | No change |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 500,000 | $461K | No change |
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | 450,000 | $448K | No change |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 250,000 | $354K | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 250,000 | $238K | No change |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 250,000 | $234K | No change |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | 250,000 | $219K | New |
Lines left out (4) · $53 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| LHX L3HARRIS Technologies Inc. | COM | 0 | $32 |
| HOG Harley-Davidson Inc. | COM | 0 | $12 |
| HRL Hormel Foods Corp. | COM | 0 | $6 |
| MNST Monster Beverage Corp. | COM | 0 | $3 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $85.9B.
Portfolio Sells Q4 2024 → Q1 2025
| TSLA Tesla Inc. | Reduce -72.1% | 0.51% | −2.07 |
| AVGO Broadcom Inc. | Reduce -59.9% | 0.75% | −1.62 |
| AMZN Amazon.com Inc. | Reduce -20.8% | 3.09% | −1.02 |
| GEV GE Vernova Inc. | Reduce -52.9% | 0.94% | −1.02 |
| NVDA Nvidia Corp. | Reduce -6.4% | 4.84% | −1.02 |
| NOW ServiceNow Inc. | Reduce -34.4% | 1.13% | −0.96 |
| BX Blackstone Inc. | Reduce -92.3% | 0.07% | −0.90 |
| CRM Salesforce Inc. | Reduce -46.2% | 0.72% | −0.81 |
| SRE Sempra | Reduce -86.9% | 0.11% | −0.80 |
| GS Goldman Sachs Group Inc. | Reduce -85.2% | 0.12% | −0.67 |
| DDOG Datadog Inc. Class A | Reduce -98.2% | 0.01% | −0.66 |
| JPM JPMorgan Chase & Co. | Reduce -30.3% | 2.15% | −0.61 |
| ZTS Zoetis Inc. | Reduce -99.3% | 0.00% | −0.58 |
| ANET Arista Networks Inc. | Reduce -84.5% | 0.06% | −0.47 |
| UNH Unitedhealth Group Inc. | Reduce -67.1% | 0.26% | −0.44 |
| RL Ralph Lauren Corp. | Reduce -75.3% | 0.14% | −0.39 |
| PWR Quanta Services Inc. | Reduce -38.1% | 0.46% | −0.39 |
| BAC Bank of America Corp. | Reduce -22.1% | 1.50% | −0.35 |
| FSLR First Solar Inc. | Reduce -95.1% | 0.01% | −0.32 |
| PH Parker Hannifin Corp. | Reduce -25.4% | 1.08% | −0.30 |
| NEE Nextera Energy Inc. | Reduce -38.4% | 0.57% | −0.28 |
| ORCL Oracle Corp. | Reduce -31.5% | 0.47% | −0.28 |
| EOG EOG Resources Inc. | Reduce -99.6% | 0.00% | −0.25 |
| ICE Intercontinental Exchange Inc. | Reduce -72.3% | 0.14% | −0.25 |
| MRVL Marvell Technology Inc. | Reduce -92.9% | 0.01% | −0.23 |
| MSFT Microsoft Corp. | Reduce -0.8% | 6.43% | −0.22 |
| DOW Dow Inc. | Reduce -99.2% | 0.00% | −0.22 |
| ETN Eaton Corp. PLC | Reduce -54.5% | 0.15% | −0.22 |
| CDNS Cadence Design SYS Inc. | Reduce -88.1% | 0.03% | −0.21 |
| SNPS Synopsys Inc. | Reduce -97.3% | 0.01% | −0.20 |
| AXP American Express Co. | Reduce -12.5% | 1.21% | −0.18 |
| SHOP Shopify Inc. Class A | Reduce -88.6% | 0.02% | −0.18 |
| DIS The Walt Disney Co. | Reduce -21.0% | 0.53% | −0.16 |
| DECK Deckers Outdoor Corp. | Reduce -61.9% | 0.05% | −0.16 |
| XOM Exxon Mobil Corp. | Reduce -91.9% | 0.02% | −0.15 |
| CMG Chipotle Mexican Grill Inc. | Reduce -17.9% | 0.40% | −0.14 |
| MELI MercadoLibre Inc. | Reduce -58.6% | 0.14% | −0.13 |
| UBS UBS Group AG-Reg | Reduce -21.4% | 0.80% | −0.13 |
| SPOT Spotify Technology SA | Reduce -44.9% | 0.36% | −0.13 |
| TT Trane Technologies PLC | Reduce -37.2% | 0.21% | −0.13 |
| IFF Intl Flavors & Fragrances | Reduce -30.7% | 0.27% | −0.12 |
| VRT Vertiv Holdings Co. Class A | Reduce -69.5% | 0.03% | −0.11 |
| ACGL Arch Capital Group Ltd. | Reduce -97.7% | 0.00% | −0.11 |
| XYL Xylem Inc. | Reduce -38.6% | 0.19% | −0.08 |
| WFC Wells Fargo & Co. | Reduce -17.3% | 0.99% | −0.08 |
| FCX Freeport-McMoran Inc. | Reduce -22.8% | 0.41% | −0.08 |
| CRH CRH PLC | Reduce -9.5% | 1.28% | −0.08 |
| FISV Fiserv Inc. | Reduce -25.9% | 0.51% | −0.08 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -28.1% | 0.37% | −0.07 |
| CP Canadian Pacific Kansas City | Reduce -11.1% | 0.91% | −0.05 |
Portfolio Buys Q4 2024 → Q1 2025
| KO The Coca-Cola Co. | Add +667.0% | 1.64% | +1.47 |
| SHW The Sherwin-Williams Co. | Add +11741.5% | 1.45% | +1.44 |
| JNJ Johnson & Johnson | Add +493.7% | 1.02% | +0.89 |
| T AT&T Inc. | Add +1022.5% | 0.74% | +0.70 |
| ABT Abbott Laboratories | Add +394.2% | 0.75% | +0.63 |
| PGR Progressive Corp. | Add +215.3% | 0.83% | +0.62 |
| MA Mastercard Inc. Class A | Add +106.8% | 0.96% | +0.55 |
| LLY Eli Lilly & Co. | Add +14.8% | 2.06% | +0.53 |
| BMY Bristol-Myers Squibb Co. | Add +36.9% | 1.23% | +0.47 |
| MCK McKesson Corp. | Add +1252.1% | 0.45% | +0.43 |
| ADI Analog Devices Inc. | Add +2085.9% | 0.44% | +0.42 |
| CVX Chevron Corp. | Add +461.1% | 0.48% | +0.42 |
| TPR Tapestry Inc. | Add +1650.5% | 0.41% | +0.39 |
| TMO Thermo Fisher Scientific Inc. | Add +38.3% | 1.24% | +0.38 |
| V Visa Inc. Class A | Add +12.1% | 1.43% | +0.38 |
| ODFL Old Dominion Freight Line | Add +392.1% | 0.47% | +0.38 |
| PM Philip Morris International | Add +167.5% | 0.50% | +0.37 |
| EW Edwards Lifesciences Corp. | Add +5595.5% | 0.37% | +0.36 |
| XYZ Block Inc. | Add +8080.5% | 0.36% | +0.35 |
| MCD McDonald's Corp. | Add +195.5% | 0.48% | +0.35 |
| TJX TJX Companies Inc. | Add +66.3% | 0.76% | +0.34 |
| GE General Electric | Add +9.3% | 1.12% | +0.34 |
| AAPL Apple Inc. | Add +8.4% | 6.84% | +0.34 |
| LIN Linde PLC | Add +8.0% | 1.38% | +0.33 |
| ECL Ecolab Inc. | Add +47.9% | 0.75% | +0.32 |
| AEM Agnico Eagle Mines Ltd. | Add +264.5% | 0.39% | +0.32 |
| CME Cme Group Inc. | Add +160.5% | 0.44% | +0.30 |
| AJG Arthur J Gallagher & Co. | Add +91.3% | 0.48% | +0.29 |
| JCI Johnson Controls Internation | Add +15735.3% | 0.28% | +0.28 |
| FTNT Fortinet Inc. | Add +12560.9% | 0.29% | +0.28 |
| HD Home Depot Inc. | Add +148.9% | 0.46% | +0.28 |
| WMT Walmart Inc. | Add +20.5% | 1.22% | +0.27 |
| EMR Emerson Electric Co. | Add +71.6% | 0.67% | +0.27 |
| MMM 3M Co. | Add +1150.7% | 0.28% | +0.26 |
| BKNG Booking Holdings Inc. | Add +18.8% | 1.42% | +0.24 |
| META Meta Platforms Inc. Class A | Add +0.7% | 3.07% | +0.24 |
| TMUS T-Mobile US Inc. | Add +25.2% | 0.51% | +0.20 |
| ABBV Abbvie Inc. | Add +28.0% | 0.43% | +0.17 |
| ARM Arm Holdings PLC-ADR | Add +41.6% | 0.65% | +0.17 |
| DB Deutsche Bank AG-Registered | Add +23.4% | 0.34% | +0.16 |
| CSCO Cisco Systems Inc. | Add +43.1% | 0.32% | +0.12 |
| UNP Union Pacific Corp. | Add +27.9% | 0.39% | +0.12 |
| CB Chubb Ltd. | Add +158.4% | 0.17% | +0.11 |
| IBM Intl Business Machines Corp. | Add +31.5% | 0.27% | +0.11 |
| CTAS Cintas Corp. | Add +90.3% | 0.18% | +0.10 |
| SWK Stanley Black & Decker Inc. | New | 0.10% | +0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +73.8% | 0.14% | +0.08 |
| ATO Atmos Energy Corp. | Add +12.0% | 0.25% | +0.07 |
| LOGI Logitech International-Reg | Add +101.5% | 0.12% | +0.07 |
| DHR Danaher Corp. | Add +83.2% | 0.14% | +0.06 |
Options Activity Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | put | Reduce -40.8% | 6,469,000 | $692.6M |
| AVGO Broadcom Inc. | call | Sold out | 2,700,000 | $626.0Mbefore exit |
| WFC Wells Fargo & Co. | call | Reduce -33.3% | 7,200,000 | $514.1M |
| DE Deere & Co. | call | New | 1,035,000 | $485.3M |
| COIN Coinbase Global Inc. Class A | call | Sold out | 1,350,000 | $335.2Mbefore exit |
| FTNT Fortinet Inc. | call | New | 3,330,000 | $321.2M |
| MMM 3M Co. | call | New | 1,890,000 | $276.7M |
| TPR Tapestry Inc. | call | New | 2,700,000 | $189.2M |
| ADBE Adobe Inc. | put | Sold out | 315,000 | $140.1Mbefore exit |
| AAPL Apple Inc. | call | Reduce -71.0% | 626,300 | $138.0M |
| TJX TJX Companies Inc. | call | Sold out | 810,000 | $97.9Mbefore exit |
| IFF Intl Flavors & Fragrances | call | Sold out | 639,000 | $54.0Mbefore exit |
| STLA Stellantis NV | call | Add +93.6% | 4,840,000 | $53.6M |
| META Meta Platforms Inc. Class A | call | Add +22.8% | 82,400 | $47.2M |
| V Visa Inc. Class A | call | Reduce -0.9% | 77,800 | $27.1M |
| MSFT Microsoft Corp. | call | Reduce -0.8% | 64,700 | $24.0M |
| ABT Abbott Laboratories | call | Reduce -0.7% | 148,000 | $19.5M |
| GOOGL Alphabet Inc. Class A | call | Reduce -0.6% | 126,000 | $19.4M |
| NVDA Nvidia Corp. | call | Reduce -1.2% | 123,500 | $13.2M |
| HCA HCA Healthcare Inc. | put | New | 20,000 | $6.9M |
| DE Deere & Co. | put | New | 5,200 | $2.4M |
| CTVA Corteva Inc. | put | New | 34,000 | $2.1M |
| BABA Alibaba Group Holding-SP ADR | call | New | 15,600 | $2.1M |
| MSTR Strategy Inc. | call | New | 5,000 | $1.4M |
| BG Bunge Global SA | put | New | 17,000 | $1.3M |
| SWK Stanley Black & Decker Inc. | put | New | 14,600 | $1.1M |
| EL Estee Lauder Companies Class A | put | New | 15,000 | $990K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | New | 48,650,000 | $45.9M |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Reduce -6.3% | 29,700,000 | $29.7M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +14.1% | 22,250,000 | $27.1M |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | Add +2.1% | 24,500,000 | $25.1M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Add +11.0% | 25,275,000 | $24.0M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Add +11.3% | 22,200,000 | $21.7M |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Add +20.0% | 19,500,000 | $19.3M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Add +307.9% | 15,500,000 | $18.6M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Add +4.6% | 17,100,000 | $18.5M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +78.1% | 13,800,000 | $16.4M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Add +6.5% | 12,200,000 | $16.1M |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Add +25.3% | 17,100,000 | $15.9M |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Add +11.5% | 14,500,000 | $15.4M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Add +2.5% | 12,300,000 | $14.2M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Reduce -12.6% | 15,300,000 | $13.3M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Add +1633.3% | 13,000,000 | $13.1M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Reduce -12.0% | 13,200,000 | $12.9M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Add +33.3% | 13,000,000 | $12.4M |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | Add +11.1% | 5,000,000 | $12.3M |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | Reduce -4.2% | 11,500,000 | $11.9M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Add +30.8% | 12,750,000 | $11.4M |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | New | 12,050,000 | $11.1M |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | Reduce -5.1% | 9,300,000 | $11.1M |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Add +4.7% | 11,250,000 | $10.9M |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Add +53.9% | 10,000,000 | $10.4M |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | Add +5.1% | 10,300,000 | $10.4M |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | Add +18.2% | 10,050,000 | $10.1M |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | Sold out | 10,000,000 | $9.9Mbefore exit |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Reduce -6.3% | 7,500,000 | $9.6M |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | Reduce -11.4% | 7,750,000 | $9.4M |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Add +1400.0% | 7,500,000 | $8.8M |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | New | 7,568,000 | $8.7M |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | Sold out | 8,250,000 | $7.9Mbefore exit |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Add +1350.0% | 7,250,000 | $7.7M |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | Add +289.5% | 7,400,000 | $7.2M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Add +28.3% | 6,800,000 | $7.0M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Reduce -67.7% | 5,000,000 | $7.0M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Add +350.0% | 6,750,000 | $6.8M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Add +16.7% | 7,000,000 | $6.8M |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | Add +22.7% | 6,750,000 | $6.6M |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | Sold out | 5,950,000 | $5.9Mbefore exit |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | Add +93.8% | 6,200,000 | $5.8M |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | New | 6,750,000 | $5.7M |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | Add +144.4% | 5,500,000 | $5.7M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Sold out | 4,500,000 | $5.6Mbefore exit |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Reduce -12.0% | 5,500,000 | $5.4M |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | Add +70.0% | 4,250,000 | $4.9M |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Sold out | 4,450,000 | $4.8Mbefore exit |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | Add +53.9% | 5,000,000 | $4.6M |
| NUVASIVE INC (GMED 0.375 03/15/25) | NOTE 0.375% 3/1 · principal | Sold out | 4,000,000 | $4.0Mbefore exit |
Showing the first 50 of 67.
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 |