Fjarde Ap-Fonden /Fourth Swedish National Pension Fund

Name: FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND 13F holdings, Q2 2025
Creator: FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND
Published: 2025-08-01

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 1, 2025), Fjarde Ap-Fonden /Fourth Swedish National Pension Fund reported 494 stock positions worth $10.8 billion. Its top holding was Nvidia (NVDA) at 6.3% of the portfolio, followed by Microsoft (MSFT, 5.8%) and Apple (AAPL, 5.0%). Compared with Q1 2025, it opened 4 new positions, sold out of 38, added to 418 and reduced 72. The biggest buy was Nvidia (NVDA, shares +21%) and the biggest sale Tesla (TSLA, shares −66%).

Most Recent 13F: Q2 2026
Location: STOCKHOLM, V7
CIK: 0001540880
Portfolio Value: $10.8B (Q2 2025)
SEC Filing: 0001540880-25-000005 ↗ filed Aug 1, 2025

Holdings Value

Holdings 494 stocks · $10.8B


NVDA Nvidia Corp.	6.28%	4,309,000	$680.8M	Add +20.8%
MSFT Microsoft Corp.	5.78%	1,260,780	$627.1M	Add +20.7%
AAPL Apple Inc.	4.99%	2,636,499	$540.9M	Add +20.6%
AMZN Amazon.com Inc.	3.06%	1,513,246	$332.0M	Add +20.1%
META Meta Platforms Inc. Class A	2.90%	426,598	$314.9M	Add +20.9%
V Visa Inc. Class A	1.78%	544,783	$193.4M	Add +19.7%
GOOGL Alphabet Inc. Class A	1.77%	1,091,020	$192.3M	Add +21.4%
AVGO Broadcom Inc.	1.76%	691,990	$190.7M	Add +20.2%
LLY Eli Lilly & Co.	1.58%	219,814	$171.4M	Add +16.4%
GOOG Alphabet Inc. Class C	1.54%	938,973	$166.6M	Add +20.4%
NFLX Netflix Inc.	1.42%	114,786	$153.7M	Add +22.5%
JPM JPMorgan Chase & Co.	1.17%	437,514	$126.8M	Add +20.2%
JNJ Johnson & Johnson	1.12%	798,269	$121.9M	Add +21.1%
PG The Procter & Gamble Co.	1.10%	747,234	$119.0M	Add +18.9%
MA Mastercard Inc. Class A	1.10%	211,339	$118.8M	Add +12.4%
BRK.B Berkshire Hathaway Inc. Class B	1.05%	235,359	$114.3M	Add +16.4%
COST Costco Wholesale Corp.	1.05%	114,556	$113.4M	Add +18.1%
WMT Walmart Inc.	1.03%	1,141,500	$111.6M	Add +40.8%
CSCO Cisco Systems Inc.	0.89%	1,396,668	$96.9M	Add +15.7%
KO The Coca-Cola Co.	0.81%	1,240,506	$87.8M	Add +23.6%
UNH Unitedhealth Group Inc.	0.79%	273,118	$85.2M	Add +17.4%
MRK Merck & Co. Inc.	0.68%	930,129	$73.6M	Add +17.3%
GE General Electric filed as GE AEROSPACE	0.65%	273,565	$70.4M	Add +109.0%
ABT Abbott Laboratories	0.63%	499,788	$68.0M	Add +101.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.59%	217,281	$64.0M	Add +13.0%
PEP Pepsico Inc.	0.59%	482,508	$63.7M	Add +20.0%
ABBV Abbvie Inc.	0.57%	334,184	$62.0M	Add +8.2%
PGR Progressive Corp.	0.56%	229,070	$61.1M	Add +54.2%
ACN Accenture PLC Class A	0.56%	201,721	$60.3M	Add +16.7%
ORCL Oracle Corp.	0.55%	271,761	$59.4M	Add +5.8%
MCD McDonald's Corp.	0.54%	202,070	$59.0M	Add +22.5%
INTU Intuit Inc.	0.54%	73,740	$58.1M	Add +26.0%
HD Home Depot Inc.	0.53%	157,758	$57.8M	Add +17.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.51%	1,174,970	$55.6M	Add +30.2%
T AT&T Inc.	0.50%	1,856,370	$53.7M	Add +22.2%
VZ Verizon Communications Inc.	0.47%	1,174,982	$50.8M	Add +22.1%
ADBE Adobe Inc.	0.46%	128,323	$49.6M	Add +23.5%
UBER Uber Technologies Inc.	0.46%	528,633	$49.3M	Add +497.1%
TXN Texas Instruments Inc.	0.44%	229,931	$47.7M	Add +10.5%
MRSH Marsh & McLennan Cos	0.44%	218,131	$47.7M	Add +18.7%
QCOM Qualcomm Inc.	0.44%	297,334	$47.4M	Add +20.3%
PLTR Palantir Technologies Inc. Class A	0.43%	339,323	$46.3M	Add +19.4%
ISRG Intuitive Surgical Inc.	0.42%	84,779	$46.1M	Add +18.1%
CAT Caterpillar Inc.	0.42%	118,546	$46.0M	Add +16.4%
TMUS T-Mobile US Inc.	0.42%	189,954	$45.3M	Add +7.9%
LNG Cheniere Energy Inc.	0.41%	183,790	$44.8M	Reduce -3.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.40%	351,468	$43.4M	Add +24.7%
MCK McKesson Corp.	0.40%	59,153	$43.3M	Add +16.3%
BKR Baker Hughes Co.	0.39%	1,109,203	$42.5M	Reduce -10.3%
WFC Wells Fargo & Co.	0.39%	523,045	$41.9M	Add +20.5%
CRM Salesforce Inc.	0.39%	153,655	$41.9M	Add +19.3%
TSLA Tesla Inc.	0.38%	128,262	$40.7M	Reduce -65.7%
VRTX Vertex Pharmaceuticals Inc.	0.37%	91,088	$40.6M	Add +23.3%
NOW ServiceNow Inc.	0.37%	39,256	$40.4M	Add +17.3%
ROP Roper Technologies Inc.	0.37%	69,998	$39.7M	Add +22.4%
AMAT Applied Materials Inc.	0.37%	216,572	$39.6M	Add +12.5%
CB Chubb Ltd.	0.36%	136,264	$39.5M	Add +18.9%
COR Cencora Inc.	0.36%	130,166	$39.0M	Add +54.8%
UNP Union Pacific Corp.	0.36%	168,826	$38.8M	Add +147.5%
ADP Automatic Data Processing	0.35%	124,717	$38.5M	Add +20.6%
RSG Republic Services Inc.	0.34%	150,274	$37.1M	Add +31.2%
AMD Advanced Micro Devices	0.34%	257,102	$36.5M	Add +18.7%
BLK BlackRock Inc.	0.33%	34,461	$36.2M	Add +19.8%
LRCX Lam Research Corp.	0.33%	365,060	$35.5M	Add +19.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.33%	285,000	$35.3M	Add +18.6%
GS Goldman Sachs Group Inc.	0.32%	49,125	$34.8M	Add +20.9%
WM Waste Management Inc.	0.32%	150,996	$34.6M	Add +37.6%
GILD Gilead Sciences Inc.	0.31%	306,463	$34.0M	Add +10.2%
ETN Eaton Corp. PLC	0.30%	91,705	$32.7M	Add +95.9%
CME Cme Group Inc.	0.30%	117,845	$32.5M	Add +43.5%
APH Amphenol Corp. Class A	0.29%	320,764	$31.7M	Reduce -3.8%
ELV Elevance Health Inc.	0.29%	81,212	$31.6M	Add +73.9%
FTNT Fortinet Inc.	0.29%	294,780	$31.2M	Add +56.3%
KLAC KLA Corp.	0.29%	34,602	$31.0M	Add +14.9%
BSX Boston Scientific Corp.	0.29%	287,958	$30.9M	Add +24.0%
ANET Arista Networks Inc.	0.28%	299,084	$30.6M	Add +18.4%
AXP American Express Co.	0.28%	95,663	$30.5M	Add +14.8%
AMGN Amgen Inc.	0.28%	108,381	$30.3M	Add +20.7%
BKNG Booking Holdings Inc.	0.28%	5,195	$30.1M	Add +20.6%
CL Colgate-Palmolive Co.	0.28%	329,484	$29.9M	Add +45.5%
CEG Constellation Energy	0.27%	90,094	$29.1M	Reduce -23.2%
MELI MercadoLibre Inc.	0.26%	10,960	$28.6M	Add +5.8%
AZO AutoZone Inc.	0.26%	7,691	$28.6M	Add +20.3%
WCN Waste Connections Inc.	0.26%	151,800	$28.3M	Add +29.6%
MDLZ Mondelez International Inc. Class A	0.26%	411,730	$27.8M	Add +45.8%
SPGI S&P Global Inc.	0.25%	52,300	$27.6M	Add +13.9%
TT Trane Technologies PLC	0.25%	62,549	$27.4M	Add +19.5%
MS Morgan Stanley	0.25%	191,333	$27.0M	Add +23.8%
ORLY O'reilly Automotive Inc.	0.25%	297,035	$26.8M	Add +23.5%
C Citigroup Inc.	0.25%	314,064	$26.7M	Add +18.1%
CMG Chipotle Mexican Grill Inc.	0.24%	466,150	$26.2M	Add +51.1%
SCHW Schwab (charles) Corp.	0.24%	286,460	$26.1M	Add +17.9%
AON Aon PLC Class A	0.24%	73,085	$26.1M	Add +15.5%
LIN Linde PLC	0.24%	55,487	$26.0M	Add +215.5%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO	0.23%	77,294	$24.7M	Add +19.9%
PANW Palo Alto Networks Inc.	0.23%	120,396	$24.6M	Reduce -31.0%
KR Kroger Co.	0.23%	343,283	$24.6M	Add +27.6%
PFE Pfizer Inc.	0.22%	1,001,271	$24.3M	Add +26.1%
TRV The Travelers Cos Inc.	0.22%	89,551	$24.0M	Add +15.0%
TMO Thermo Fisher Scientific Inc.	0.22%	57,965	$23.5M	Add +18.6%
MCO Moody's Corp.	0.22%	46,543	$23.3M	Add +7.6%
COF Capital One Financial Corp.	0.21%	107,188	$22.8M	Add +82.6%
WELL Welltower Inc.	0.21%	148,339	$22.8M	Add +20.5%
CBOE Cboe Global Markets Inc.	0.21%	97,442	$22.7M	Add +26.8%
NKE Nike Inc. Class B	0.20%	312,692	$22.2M	Add +11.6%
GEV GE Vernova Inc.	0.20%	41,666	$22.0M	Add +40.0%
CDNS Cadence Design SYS Inc.	0.20%	71,203	$21.9M	Add +16.1%
BMY Bristol-Myers Squibb Co.	0.20%	473,506	$21.9M	Add +20.8%
CTAS Cintas Corp.	0.20%	97,248	$21.7M	Add +25.1%
MU Micron Technology Inc.	0.20%	175,540	$21.6M	Add +23.0%
CMCSA Comcast Corp. Class A	0.20%	596,991	$21.3M	Add +15.7%
REGN Regeneron Pharmaceuticals	0.19%	39,452	$20.7M	Add +18.6%
CSX CSX Corp.	0.19%	633,533	$20.7M	Add +201.6%
DHR Danaher Corp.	0.19%	104,572	$20.7M	Add +18.5%
DE Deere & Co.	0.19%	40,003	$20.3M	Add +21.2%
SYK Stryker Corp.	0.19%	51,383	$20.3M	Add +18.2%
CRWD CrowdStrike Holdings Inc. Class A	0.19%	39,737	$20.2M	Add +14.7%
ZTS Zoetis Inc.	0.18%	128,511	$20.0M	Add +14.9%
GIS General Mills Inc.	0.18%	383,877	$19.9M	Add +22.6%
ARCH CAP GROUP LTD	0.18%	216,750	$19.7M	New
EXC Exelon Corp.	0.18%	454,368	$19.7M	Add +17.8%
LOW Lowe's Cos Inc.	0.18%	88,905	$19.7M	Add +14.4%
YUM Yum! Brands Inc.	0.18%	130,080	$19.3M	Add +20.6%
ADI Analog Devices Inc.	0.18%	80,659	$19.2M	Add +17.1%
MMM 3M Co.	0.18%	125,839	$19.2M	Add +24.1%
K Kellanova	0.18%	238,885	$19.0M	Add +51.6%
ICE Intercontinental Exchange Inc.	0.17%	103,206	$18.9M	Add +18.5%
CHD Church & Dwight Co. Inc.	0.17%	196,493	$18.9M	Add +49.8%
CI The Cigna Group	0.17%	57,104	$18.9M	Add +20.2%
SNPS Synopsys Inc.	0.17%	36,479	$18.7M	Add +11.3%
VRSN Verisign Inc.	0.17%	64,129	$18.5M	Add +25.4%
MNST Monster Beverage Corp.	0.17%	294,106	$18.4M	Add +67.0%
ADSK Autodesk Inc.	0.17%	57,782	$17.9M	Add +26.5%
GDDY GoDaddy Inc. Class A	0.17%	99,344	$17.9M	Add +20.9%
PYPL PayPal Holdings Inc.	0.16%	236,640	$17.6M	Add +15.0%
APP AppLovin Corp. Class A	0.16%	50,000	$17.5M	Add +19.3%
CTSH Cognizant Tech Solutions-A	0.16%	223,820	$17.5M	Add +15.1%
PLD Prologis Inc.	0.16%	166,136	$17.5M	Add +20.5%
BX Blackstone Inc.	0.16%	115,672	$17.3M	Add +19.3%
PH Parker Hannifin Corp.	0.16%	24,710	$17.3M	Add +13.8%
SBUX Starbucks Corp.	0.16%	184,595	$16.9M	Add +19.5%
AMT American Tower Corp.	0.15%	75,484	$16.7M	Add +19.3%
MDT Medtronic PLC	0.15%	188,779	$16.5M	Add +17.2%
FISV Fiserv Inc.	0.15%	95,383	$16.4M	Add +2.6%
TDY Teledyne Technologies Inc.	0.15%	31,553	$16.2M	Add +16.6%
INTC Intel Corp.	0.15%	702,311	$15.7M	Add +21.3%
HWM Howmet Aerospace Inc.	0.14%	83,853	$15.6M	Add +121.5%
CHKP Check Point Software Tech	0.14%	70,461	$15.6M	Add +3.2%
HCA HCA Healthcare Inc.	0.14%	40,169	$15.4M	Add +49.5%
FFIV F5 Inc.	0.14%	52,280	$15.4M	Add +19.4%
SNOW Snowflake Inc.	0.14%	68,100	$15.2M	Add +13.1%
HOOD Robinhood Markets Inc. Class A	0.14%	161,400	$15.1M	Add +24.1%
ITW Illinois Tool Works	0.14%	61,052	$15.1M	Add +27.3%
AFL Aflac Inc.	0.14%	140,874	$14.9M	Add +4.8%
AWK American Water Works Co. Inc.	0.14%	106,015	$14.7M	Add +24.7%
EA Electronic Arts Inc.	0.14%	91,939	$14.7M	Add +3.6%
MRVL Marvell Technology Inc.	0.13%	188,547	$14.6M	Add +10.8%
ODFL Old Dominion Freight Line	0.13%	89,638	$14.5M	Add +275.6%
TYL Tyler Technologies Inc.	0.13%	24,500	$14.5M	Add +21.3%
CVS CVS Health Corp.	0.13%	210,019	$14.5M	Add +21.5%
BRO Brown & Brown Inc.	0.13%	130,643	$14.5M	Add +33.8%
IT Gartner Inc.	0.13%	35,566	$14.4M	Add +102.5%
DASH DoorDash Inc. Class A	0.13%	58,200	$14.3M	Add +15.9%
NSC Norfolk Southern Corp.	0.13%	56,012	$14.3M	Add +682.1%
ALL Allstate Corp.	0.13%	70,655	$14.2M	Reduce -11.8%
EMR Emerson Electric Co.	0.13%	106,273	$14.2M	Add +15.7%
PAYX Paychex Inc.	0.13%	96,245	$14.0M	Add +23.6%
IDXX Idexx Laboratories Inc.	0.13%	25,492	$13.7M	Add +17.0%
WRB WR Berkley Corp. filed as BERKLEY W R CORP	0.13%	185,793	$13.7M	Add +19.3%
VEEV Veeva Systems Inc. Class A	0.13%	47,169	$13.6M	Add +8.3%
FWONK Liberty Media Corp. Class C	0.12%	127,497	$13.3M	Add +10.4%
KDP Keurig Dr Pepper Inc.	0.12%	401,550	$13.3M	Add +27.5%
NET Cloudflare Inc. Class A	0.12%	67,128	$13.1M	Add +7.5%
SE Sea Ltd.-ADR	0.12%	81,973	$13.1M	Add +13.1%
AMP Ameriprise Financial Inc.	0.12%	23,941	$12.8M	Add +16.0%
FERG Ferguson Enterprises Inc.	0.12%	58,300	$12.7M	Add +20.4%
KKR KKR & Co. Inc.	0.12%	94,975	$12.6M	Add +20.1%
RCL Royal Caribbean Cruises Ltd.	0.12%	40,000	$12.5M	Add +21.9%
PSA Public Storage	0.12%	42,472	$12.5M	Add +13.0%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.11%	11,882	$12.4M	Add +30.8%
FICO Fair Isaac Corp.	0.11%	6,750	$12.3M	Add +21.6%
FAST Fastenal Co.	0.11%	290,168	$12.2M	Add +33.9%
USB US Bancorp	0.11%	266,919	$12.1M	Add +8.0%
RBLX Roblox Corp. Class A	0.11%	114,700	$12.1M	Add +15.6%
EQIX Equinix Inc.	0.11%	15,159	$12.1M	Add +23.7%
NEE Nextera Energy Inc.	0.11%	172,334	$12.0M	Add +22.7%
HSY The Hershey Co.	0.11%	71,919	$11.9M	Add +25.0%
CMI Cummins Inc.	0.11%	36,361	$11.9M	Add +24.7%
CAH Cardinal Health Inc.	0.11%	69,617	$11.7M	Add +24.3%
PNC PNC Financial Services Group	0.11%	61,883	$11.5M	Add +23.3%
WTW Willis Towers Watson PLC	0.11%	37,288	$11.4M	Add +18.8%
CPRT Copart Inc.	0.11%	232,556	$11.4M	Add +21.3%
FLUT Flutter Entertainment PLC-Di	0.10%	39,844	$11.4M	Add +5.3%
L Loews Corp.	0.10%	122,985	$11.3M	Add +15.7%
TEL Te Connectivity PLC	0.10%	66,827	$11.3M	Add +0.6%
COIN Coinbase Global Inc. Class A	0.10%	32,000	$11.2M	Reduce -20.4%
TGT Target Corp.	0.10%	113,507	$11.2M	Add +17.4%
TSN Tyson Foods Inc. Class A	0.10%	192,646	$10.8M	Add +23.8%
O Realty Income Corp.	0.10%	186,253	$10.7M	Add +6.0%
KHC The Kraft Heinz Co.	0.10%	408,540	$10.5M	Add +19.3%
JCI Johnson Controls Internation	0.10%	99,838	$10.5M	Add +27.6%
TDG Transdigm Group Inc.	0.10%	6,887	$10.5M	Add +21.1%
ABNB Airbnb Inc. Class A	0.10%	78,000	$10.3M	Add +21.3%
JNPR Juniper Networks Inc.	0.09%	257,371	$10.3M	Add +24.2%
MPWR Monolithic Power Systems Inc.	0.09%	13,998	$10.2M	Add +32.1%
KMB Kimberly-Clark Corp.	0.09%	78,696	$10.1M	Add +30.5%
UTHR United Therapeutics Corp.	0.09%	35,100	$10.1M	Add +20.6%
VRT Vertiv Holdings Co. Class A	0.09%	78,500	$10.1M	Add +18.1%
EW Edwards Lifesciences Corp.	0.09%	128,766	$10.1M	Add +9.4%
SPG Simon Property Group Inc.	0.09%	62,317	$10.0M	Add +6.5%
VST Vistra Corp.	0.09%	51,500	$10.0M	Reduce -29.9%
NI Nisource Inc.	0.09%	243,000	$9.8M	Add +14.1%
DLR Digital Realty Trust Inc.	0.09%	56,200	$9.8M	Add +23.5%
ALNY Alnylam Pharmaceuticals Inc.	0.09%	30,015	$9.8M	Add +11.5%
VRSK Verisk Analytics Inc.	0.09%	31,257	$9.7M	Add +37.4%
WDAY Workday Inc. Class A	0.09%	40,357	$9.7M	Add +16.1%
AXON Axon Enterprise Inc.	0.09%	11,600	$9.6M	Add +20.8%
TFC Truist Financial Corp.	0.09%	220,698	$9.5M	Add +22.2%
BDX Becton Dickinson and Co.	0.09%	54,146	$9.3M	Add +17.3%
BR Broadridge Financial Solutio	0.09%	38,142	$9.3M	Add +31.8%
AIG American International Group	0.09%	107,926	$9.2M	Reduce -3.4%
D Dominion Energy Inc.	0.08%	162,900	$9.2M	Add +42.5%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.08%	100,627	$9.2M	Add +25.7%
PTC PTC Inc.	0.08%	52,988	$9.1M	Add +15.5%
CVNA Carvana Co.	0.08%	27,000	$9.1M	Add +17.4%
APO Apollo Global Management Inc.	0.08%	64,015	$9.1M	Reduce -17.5%
A Agilent Technologies Inc.	0.08%	75,324	$8.9M	Add +5.2%
HLT Hilton Worldwide Holdings Inc.	0.08%	33,200	$8.8M	Add +21.6%
DDOG Datadog Inc. Class A	0.08%	65,811	$8.8M	Add +12.9%
PCAR Paccar Inc.	0.08%	92,971	$8.8M	Add +15.8%
SHW The Sherwin-Williams Co.	0.08%	25,483	$8.8M	Add +4.5%
ROK Rockwell Automation Inc.	0.08%	26,195	$8.7M	Add +3.1%
XYL Xylem Inc.	0.08%	67,239	$8.7M	Add +28.7%
MAR Marriott International Class A	0.08%	31,800	$8.7M	Add +28.7%
GRMN Garmin Ltd.	0.08%	41,601	$8.7M	Add +8.6%
CARR Carrier Global Corp.	0.08%	117,289	$8.6M	Add +5.9%
ROL Rollins Inc.	0.08%	152,096	$8.6M	Add +27.9%
DT Dynatrace Inc.	0.08%	155,246	$8.6M	Add +30.2%
XYZ Block Inc.	0.08%	125,873	$8.6M	Add +8.6%
CCI Crown Castle Inc.	0.08%	83,025	$8.5M	Add +12.5%
DHI D.R. Horton Inc.	0.08%	66,138	$8.5M	Add +9.4%
DXCM Dexcom Inc.	0.08%	97,644	$8.5M	Add +81.7%
NXPI NXP Semiconductors NV	0.08%	38,975	$8.5M	Add +16.8%
VLTO Veralto Corp.	0.08%	84,124	$8.5M	Add +16.1%
MET Metlife Inc.	0.08%	105,115	$8.5M	Add +3.0%
RMD Resmed Inc.	0.08%	32,692	$8.4M	Add +15.2%
TSCO Tractor Supply Company	0.08%	158,745	$8.4M	Add +25.5%
INCY Incyte Corp.	0.08%	121,364	$8.3M	Add +27.0%
NDAQ Nasdaq Inc.	0.08%	92,315	$8.3M	Add +8.1%
OTIS Otis Worldwide Corp.	0.08%	82,824	$8.2M	Add +42.3%
DGX Quest Diagnostics Inc.	0.07%	45,220	$8.1M	Add +32.1%
ACM Aecom	0.07%	71,777	$8.1M	Reduce -5.0%
GLW Corning Inc.	0.07%	153,271	$8.1M	Add +26.8%
GGG Graco Inc.	0.07%	92,731	$8.0M	Add +19.8%
MOH Molina Healthcare Inc.	0.07%	26,700	$8.0M	Add +124.4%
BAH Booz Allen Hamilton Holdings	0.07%	76,177	$7.9M	Add +9.8%
PWR Quanta Services Inc.	0.07%	20,950	$7.9M	Reduce -25.6%
IR Ingersoll-Rand Inc.	0.07%	93,369	$7.8M	Add +10.9%
WAB Wabtec Corp.	0.07%	37,085	$7.8M	Add +1.6%
TEAM Atlassian Corp. Class A	0.07%	38,100	$7.7M	Add +12.1%
FCNCA First Citizens Bcshs Class A	0.07%	3,915	$7.7M	Add +2.6%
LULU Lululemon Athletica Inc.	0.07%	32,054	$7.6M	Add +17.6%
CYBR Cyberark Software Ltd./Israel	0.07%	18,644	$7.6M	Add +21.7%
NBIX Neurocrine Biosciences Inc.	0.07%	59,123	$7.4M	Reduce -12.6%
CDW CDW Corp.	0.07%	41,451	$7.4M	Add +9.5%
CNC Centene Corp.	0.07%	134,260	$7.3M	Add +99.3%
ARES Ares Management Corp. Class A	0.07%	41,900	$7.3M	Add +28.1%
GEHC GE Healthcare Technology	0.07%	97,855	$7.2M	Add +64.0%
GEN Gen Digital Inc.	0.07%	246,073	$7.2M	Add +10.9%
FIS Fidelity National Info Serv	0.07%	88,817	$7.2M	Add +3.5%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC	0.07%	100,172	$7.2M	Add +9.2%
MSCI MSCI Inc.	0.07%	12,410	$7.2M	Add +13.8%
ZS Zscaler Inc.	0.07%	22,720	$7.1M	Add +10.7%
TTWO Take-Two Interactive Softwre	0.07%	29,369	$7.1M	Add +12.7%
EME Emcor Group Inc.	0.07%	13,300	$7.1M	Add +2.3%
EIX Edison International	0.07%	137,135	$7.1M	Reduce -11.1%
ANSS Ansys Inc.	0.07%	20,107	$7.1M	Add +47.8%
URI United Rentals Inc.	0.06%	9,326	$7.0M	Add +9.4%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC	0.06%	38,966	$7.0M	Add +13.4%
HRL Hormel Foods Corp.	0.06%	227,552	$6.9M	Add +29.0%
EFX Equifax Inc.	0.06%	25,144	$6.5M	Add +21.8%
HOLX Hologic Inc.	0.06%	99,914	$6.5M	Add +91.3%
DRI Darden Restaurants Inc.	0.06%	29,553	$6.4M	Add +12.1%
MKL Markel Group Inc.	0.06%	3,225	$6.4M	Reduce -47.5%
HUBS HubSpot Inc.	0.06%	11,513	$6.4M	Add +7.5%
DELL Dell Technologies -C	0.06%	52,156	$6.4M	Add +14.2%
LPLA LPL Financial Holdings Inc.	0.06%	17,000	$6.4M	Reduce -11.9%
BSY Bentley Systems Inc. Class B	0.06%	117,913	$6.4M	Add +137.7%
ULTA Ulta Beauty Inc.	0.06%	13,602	$6.4M	Add +12.4%
VICI Vici Properties Inc. filed as VICI PPTYS INC	0.06%	192,783	$6.3M	Reduce -4.3%
HUM Humana Inc.	0.06%	25,688	$6.3M	Reduce -1.5%
SMCI Super Micro Computer Inc.	0.06%	127,400	$6.2M	Add +11.7%
NTAP Netapp Inc.	0.06%	58,396	$6.2M	Add +11.9%
CSGP Costar Group Inc.	0.06%	77,370	$6.2M	Add +16.6%
IEX Idex Corp.	0.06%	35,418	$6.2M	Add +15.7%
KVUE Kenvue Inc.	0.06%	295,935	$6.2M	Reduce -22.5%
EXR Extra Space Storage Inc.	0.06%	41,256	$6.1M	Add +18.4%
IBKR Interactive Brokers Gro Class A	0.06%	109,700	$6.1M	Add +8.0%
CBRE CBRE Group Inc. Class A	0.05%	42,413	$5.9M	Add +7.1%
WSM Williams-Sonoma Inc.	0.05%	36,200	$5.9M	Add +22.3%
DOV Dover Corp.	0.05%	32,162	$5.9M	Add +10.7%
WAT Waters Corp.	0.05%	16,813	$5.9M	Add +13.5%
LEN Lennar Corp. Class A	0.05%	53,001	$5.9M	Add +6.8%
TEVA Teva Pharmaceutical-SP ADR	0.05%	346,104	$5.8M	Add +18.6%
SBAC SBA Communications Corp.	0.05%	24,618	$5.8M	Add +18.3%
ERIE Erie Indemnity Company Class A	0.05%	16,654	$5.8M	Add +12.1%
ROST Ross Stores Inc.	0.05%	44,809	$5.7M	Add +5.4%
MCHP Microchip Technology Inc.	0.05%	81,053	$5.7M	Add +37.0%
AVB Avalonbay Communities Inc.	0.05%	27,771	$5.7M	Add +20.4%
CHTR Charter Communications Inc. Class A	0.05%	13,629	$5.6M	Add +11.4%
NTRA Natera Inc.	0.05%	32,900	$5.6M	Add +11.2%
TW Tradeweb Markets Inc. Class A	0.05%	37,294	$5.5M	Add +17.7%
FDS Factset Research Systems Inc.	0.05%	12,139	$5.4M	Add +13.0%
EBAY eBay Inc.	0.05%	72,824	$5.4M	Reduce -26.6%
DG Dollar General Corp.	0.05%	47,234	$5.4M	Add +73.4%
NVR NVR Inc.	0.05%	731	$5.4M	Add +5.8%
FSLR First Solar Inc.	0.05%	32,400	$5.4M	Add +95.2%
CINF Cincinnati Financial Corp.	0.05%	35,686	$5.3M	Add +3.5%
JBL Jabil Inc.	0.05%	24,360	$5.3M	Add +27.8%
AKAM Akamai Technologies Inc.	0.05%	66,511	$5.3M	Reduce -12.7%
BMRN Biomarin Pharmaceutical Inc.	0.05%	96,269	$5.3M	Add +18.0%
SYF Synchrony Financial	0.05%	78,601	$5.2M	Add +8.9%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	0.05%	50,784	$5.2M	Add +1.2%
AME Ametek Inc.	0.05%	28,528	$5.2M	Add +52.3%
FITB Fifth Third Bancorp	0.05%	125,144	$5.1M	Add +12.9%
SNA Snap-on Inc.	0.05%	16,281	$5.1M	Add +20.8%
PFG Principal Financial Group	0.05%	63,651	$5.1M	Reduce -3.8%
MTB M & T Bank Corp. filed as M & T BK CORP	0.05%	26,011	$5.0M	Add +17.6%
CSL Carlisle Cos Inc.	0.05%	13,400	$5.0M	Add +20.7%
IQV Iqvia Holdings Inc.	0.05%	31,656	$5.0M	Add +5.3%
WBD Warner Bros Discovery Inc.	0.05%	434,400	$5.0M	Add +17.9%
PINS Pinterest Inc. Class A	0.05%	137,790	$4.9M	Add +6.6%
SSNC Ss&c Technologies Holdings	0.05%	59,257	$4.9M	Add +21.3%
HPE Hewlett Packard Enterprise	0.05%	239,760	$4.9M	Add +13.8%
ZM Zoom Communications Inc.	0.05%	62,800	$4.9M	Reduce -28.7%
VTR Ventas Inc.	0.04%	76,824	$4.9M	Add +11.6%
PHM Pultegroup Inc.	0.04%	45,707	$4.8M	Add +7.0%
DOCU Docusign Inc.	0.04%	61,800	$4.8M	Reduce -4.2%
HIG Hartford Insurance Group Inc.	0.04%	37,664	$4.8M	Add +9.0%
STX Seagate Technology Holdings	0.04%	33,100	$4.8M	Add +29.3%
CPAY Corpay Inc.	0.04%	14,152	$4.7M	Reduce -20.7%
GLPI Gaming and Leisure Propertie	0.04%	100,279	$4.7M	Reduce -2.8%
RJF Raymond James Financial Inc.	0.04%	30,339	$4.7M	Add +16.1%
KEYS Keysight Technologies Inc.	0.04%	28,209	$4.6M	Reduce -27.3%
TOST Toast Inc. Class A	0.04%	103,400	$4.6M	Add +7.0%
DKNG Draftkings Inc. Class A	0.04%	105,800	$4.5M	Add +14.9%
NTNX Nutanix Inc. Class A	0.04%	58,700	$4.5M	Reduce -17.4%
SJM The JM Smucker Co. filed as SMUCKER J M CO	0.04%	45,577	$4.5M	Add +25.3%
CCEP Coca-Cola Europacific Partne	0.04%	48,008	$4.5M	Add +27.3%
HBAN Huntington Bancshares Inc.	0.04%	265,263	$4.4M	Add +8.5%
KIM Kimco Realty Corp.	0.04%	210,074	$4.4M	Reduce -2.5%
MTD Mettler-Toledo International	0.04%	3,706	$4.4M	Add +12.1%
CCL Carnival Corp.	0.04%	154,200	$4.3M	Add +33.0%
TWLO Twilio Inc. Class A	0.04%	34,692	$4.3M	Add +8.4%
SYY Sysco Corp.	0.04%	56,735	$4.3M	Add +12.5%
RPRX Royalty Pharma PLC Class A	0.04%	118,650	$4.3M	Add +35.5%
TRU Transunion	0.04%	48,567	$4.3M	Add +15.4%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.04%	44,277	$4.3M	Add +13.9%
FNF Fidelity National Financial	0.04%	75,569	$4.2M	Add +12.3%
DECK Deckers Outdoor Corp.	0.04%	40,900	$4.2M	Add +13.9%
WSO Watsco Inc.	0.04%	9,519	$4.2M	Add +97.5%
WST West Pharmaceutical Services	0.04%	19,000	$4.2M	Add +25.8%
RF Regions Financial Corp.	0.04%	175,133	$4.1M	Add +13.6%
SUI Sun Communities Inc. filed as SUN CMNTYS INC	0.04%	32,108	$4.1M	Add +18.4%
EG Everest Group Ltd.	0.04%	11,787	$4.0M	Add +8.3%
PNR Pentair PLC	0.04%	38,930	$4.0M	Add +13.1%
AER Aercap Holdings NV	0.04%	33,819	$4.0M	Reduce -6.4%
TER Teradyne Inc.	0.04%	43,650	$3.9M	Add +30.1%
CPB The Campbell's Company	0.04%	127,800	$3.9M	Add +13.3%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL	0.04%	57,766	$3.9M	Add +14.2%
STT State Street Corp.	0.04%	36,616	$3.9M	Add +12.6%
MDB Mongodb Inc.	0.04%	18,487	$3.9M	Add +17.9%
CFG Citizens Financial Group	0.04%	86,484	$3.9M	Add +17.7%
HPQ HP Inc.	0.04%	156,299	$3.8M	Add +25.5%
LYV Live Nation Entertainment Inc.	0.04%	25,112	$3.8M	Add +11.1%
LII Lennox International Inc.	0.04%	6,624	$3.8M	Add +152.4%
REG Regency Centers Corp.	0.03%	52,960	$3.8M	Reduce -2.2%
OKTA Okta Inc.	0.03%	37,600	$3.8M	Add +1.9%
HUBB Hubbell Inc.	0.03%	9,202	$3.8M	Add +16.4%
P Everpure Inc. Class A filed as PURE STORAGE INC	0.03%	64,600	$3.7M	Add +1.1%
DKS Dick's Sporting Goods Inc.	0.03%	18,800	$3.7M	Add +13.3%
STE Steris PLC	0.03%	15,466	$3.7M	Add +11.5%
TRMB Trimble Inc.	0.03%	47,780	$3.6M	Add +2.1%
PODD Insulet Corp.	0.03%	11,500	$3.6M	Add +12.8%
INVH Invitation Homes Inc.	0.03%	109,933	$3.6M	Add +19.2%
GPN Global Payments Inc.	0.03%	44,860	$3.6M	Add +1.4%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC	0.03%	44,032	$3.6M	Add +7.6%
PAYC Paycom Software Inc.	0.03%	15,360	$3.6M	Add +12.4%
OMC Omnicom Group	0.03%	49,351	$3.5M	Reduce -0.8%
WPC WP Carey Inc.	0.03%	56,534	$3.5M	Reduce -13.2%
STZ Constellation Brands Inc. Class A	0.03%	21,279	$3.5M	Add +4.9%
ELS Equity Lifestyle Properties	0.03%	56,039	$3.5M	Add +25.5%
BIIB Biogen Inc.	0.03%	27,421	$3.4M	Add +13.2%
NTRS Northern Trust Corp.	0.03%	26,945	$3.4M	Add +30.5%
ADM Archer-Daniels-Midland Co.	0.03%	64,243	$3.4M	Add +8.1%
PPG PPG Industries Inc.	0.03%	29,800	$3.4M	Add +234.8%
BBY Best Buy Co. Inc.	0.03%	50,022	$3.4M	Add +16.8%
WDC Western Digital Corp.	0.03%	52,166	$3.3M	Add +41.1%
STLD Steel Dynamics Inc.	0.03%	25,937	$3.3M	Reduce -8.5%
ESS Essex Property Trust Inc.	0.03%	11,618	$3.3M	Add +16.0%
LH Labcorp Holdings Inc.	0.03%	12,507	$3.3M	Add +0.8%
AFG American Financial Group Inc.	0.03%	25,858	$3.3M	Reduce -6.5%
ILMN Illumina Inc.	0.03%	33,986	$3.2M	Add +16.4%
PRU Prudential Financial Inc.	0.03%	29,682	$3.2M	Reduce -6.9%
CTVA Corteva Inc.	0.03%	42,501	$3.2M	Reduce -12.7%
Z Zillow Group Inc. Class C	0.03%	45,014	$3.2M	Add +10.3%
NLY Annaly Capital Management Inc.	0.03%	165,596	$3.1M	Add +31.6%
RDDT Reddit Inc. Class A	0.03%	20,600	$3.1M	Add +5.6%
ON On Semiconductor	0.03%	58,914	$3.1M	Add +30.6%
DLTR Dollar Tree Inc.	0.03%	30,844	$3.1M	Add +48.7%
MKC McCormick & Co.-Non VTG SHRS	0.03%	39,844	$3.0M	Add +26.3%
BURL Burlington Stores Inc.	0.03%	12,972	$3.0M	Reduce -0.8%
EXPE Expedia Group Inc.	0.03%	17,854	$3.0M	Add +22.7%
ALLE Allegion PLC	0.03%	20,832	$3.0M	Add +23.8%
POOL Pool Corp.	0.03%	10,198	$3.0M	Add +14.6%
FTV Fortive Corp.	0.03%	56,319	$2.9M	Add +54.2%
MAA Mid-America Apartment Comm	0.03%	19,334	$2.9M	Add +29.5%
IOT Samsara Inc. Class A	0.03%	71,900	$2.9M	Add +6.5%
WIX Wix.com Ltd.	0.03%	17,986	$2.9M	Add +13.9%
UPS United Parcel Service Class B	0.03%	28,141	$2.8M	Add +21.8%
DPZ Domino's Pizza Inc.	0.03%	6,221	$2.8M	Reduce -44.6%
LVS Las Vegas Sands Corp.	0.03%	63,403	$2.8M	Add +1.1%
AMH American Homes 4 Rent- A	0.03%	75,500	$2.7M	Add +8.6%
UDR Udr Inc.	0.03%	66,431	$2.7M	Add +18.1%
MNDY Monday.com Ltd.	0.02%	8,521	$2.7M	Add +19.7%
ZBRA Zebra Technologies Corp. Class A	0.02%	8,465	$2.6M	Add +18.1%
KEY Keycorp	0.02%	148,513	$2.6M	Add +24.7%
CG The Carlyle Group Inc.	0.02%	50,265	$2.6M	Add +20.4%
FOXA Fox Corp. Class A	0.02%	45,688	$2.6M	Add +16.3%
ENTG Entegris Inc.	0.02%	31,300	$2.5M	Add +13.4%
ZBH Zimmer Biomet Holdings Inc.	0.02%	27,347	$2.5M	Add +12.3%
CPT Camden Property Trust	0.02%	21,821	$2.5M	Add +6.3%
COO The Cooper Cos Inc.	0.02%	34,320	$2.4M	Add +1.8%
EQH Equitable Holdings Inc.	0.02%	43,397	$2.4M	Add +29.9%
CAG Conagra Brands Inc.	0.02%	117,980	$2.4M	Add +40.8%
ALGN Align Technology Inc.	0.02%	12,708	$2.4M	Add +9.5%
CNH CNH Industrial NV	0.02%	183,583	$2.4M	Add +14.0%
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD	0.02%	19,098	$2.4M	Add +55.3%
SNAP Snap Inc. Class A	0.02%	268,242	$2.3M	Add +11.4%
CRBG Corebridge Financial Inc.	0.02%	65,100	$2.3M	Add +26.9%
NWSA News Corp. Class A	0.02%	77,376	$2.3M	Reduce -11.2%
RGLD Royal Gold Inc.	0.02%	12,000	$2.1M	New
AVY Avery Dennison Corp.	0.02%	12,100	$2.1M	Reduce -13.6%
ARE Alexandria Real Estate Equit	0.02%	29,088	$2.1M	Add +52.4%
GPC Genuine Parts Co.	0.02%	17,240	$2.1M	Reduce -29.2%
ACI Albertsons Cos Inc. Class A	0.02%	96,773	$2.1M	Add +106.9%
TAP Molson Coors Beverage Co. Class B	0.02%	42,166	$2.0M	Add +20.6%
RVTY Revvity Inc.	0.02%	19,840	$1.9M	Add +9.4%
HEI.A Heico Corp. Class A	0.02%	7,399	$1.9M	Reduce -11.9%
DOC Healthpeak Properties Inc.	0.02%	108,000	$1.9M	Add +7.3%
BXP BXP Inc.	0.02%	27,800	$1.9M	Add +8.2%
CRH CRH PLC	0.02%	20,400	$1.9M	Reduce -74.7%
GM General Motors Co.	0.02%	36,189	$1.8M	Reduce -73.9%
BAX Baxter International Inc.	0.02%	57,934	$1.8M	Add +12.4%
AVTR Avantor Inc.	0.02%	129,117	$1.7M	Add +3.6%
ECL Ecolab Inc.	0.02%	6,319	$1.7M	Reduce -21.2%
WY Weyerhaeuser Co.	0.02%	65,344	$1.7M	Reduce -20.8%
SOLV Solventum Corp.	0.01%	20,857	$1.6M	Reduce -30.1%
F Ford Motor Co. filed as FORD MTR CO	0.01%	143,760	$1.6M	Reduce -71.0%
FOX Fox Corp. Class B	0.01%	29,186	$1.5M	Reduce -62.7%
MAS Masco Corp.	0.01%	22,865	$1.5M	Add +15.1%
AMCR Amcor PLC	0.01%	159,300	$1.5M	Reduce -65.8%
CLX Clorox Company	0.01%	11,729	$1.4M	Add +19.3%
DOW Dow Inc.	0.01%	51,383	$1.4M	Add +1.6%
OC Owens Corning	0.01%	9,704	$1.3M	Reduce -18.5%
DVA Davita Inc.	0.01%	9,139	$1.3M	Add +2.2%
MLM Martin Marietta Materials	0.01%	2,350	$1.3M	Add +113.6%
VMC Vulcan Materials Co.	0.01%	4,863	$1.3M	Reduce -56.4%
HEI Heico Corp.	0.01%	3,812	$1.3M	Reduce -30.8%
BF.B Brown-Forman Corp. Class B	0.01%	46,336	$1.2M	Add +6.7%
BLDR Builders Firstsource Inc.	0.01%	10,400	$1.2M	Reduce -38.8%
RIVN Rivian Automotive Inc. Class A	0.01%	85,400	$1.2M	Reduce -48.3%
DD Dupont DE Nemours Inc.	0.01%	16,925	$1.2M	Reduce -21.7%
NDSN Nordson Corp.	0.01%	5,288	$1.1M	Reduce -1.9%
BG Bunge Global SA	0.01%	13,854	$1.1M	Reduce -35.4%
CCK Crown Holdings Inc.	0.01%	9,800	$1.0M	Add +46.3%
RAL Ralliant Corp.	0.01%	18,773	$910K	Add +54.4%
LKQ LKQ Corp.	0.01%	23,786	$880K	Reduce -17.7%
NUE Nucor Corp.	0.01%	6,386	$827K	Reduce -79.9%
IP International Paper Co.	0.01%	16,600	$777K	Add +44.4%
SW Smurfit Westrock PLC	0.01%	17,000	$734K	Add +1.2%
BALL Ball Corp.	0.01%	13,000	$729K	Reduce -5.1%
APTV Aptiv PLC	0.01%	9,959	$679K	Reduce -59.6%
H Hyatt Hotels Corp. Class A	0.01%	4,722	$659K	Add +56.3%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA	0.01%	8,909	$655K	Reduce -23.3%
MTZ Mastec Inc.	0.00%	3,000	$511K	New
LUNG Pulmonx Corp.	0.00%	76,253	$197K	New
SEIC Sei Investments Company	0.00%	49	$4K	Reduce -99.8%
GLBE Global-E Online Ltd.	0.00%	46	$2K	Reduce -99.9%
BEN Franklin Templeton Inc.	0.00%	34	$1K	Reduce -99.9%
MTCH Match Group Inc.	0.00%	30	$1K	Reduce -70.6%
SNDK Sandisk Corp.	0.00%	33	$1K	Reduce -99.7%
AIZ Assurant Inc.	0.00%	2	$0	Reduce -100.0%
VTRS Viatris Inc.	0.00%	43	$0	Reduce -100.0%

Portfolio Sells Q1 2025 → Q2 2025


TSLA Tesla Inc.	Reduce -65.7%	0.38%	−0.79
BKR Baker Hughes Co.	Reduce -10.3%	0.39%	−0.26
ACGL Arch Capital Group Ltd.	Sold out	0.00%	−0.22
PANW Palo Alto Networks Inc.	Reduce -31.0%	0.23%	−0.13
LNG Cheniere Energy Inc.	Reduce -3.4%	0.41%	−0.11
DFS Discover Financial Services	Sold out	0.00%	−0.08
MKL Markel Group Inc.	Reduce -47.5%	0.06%	−0.08
AIZ Assurant Inc.	Reduce -100.0%	0.00%	−0.07
ALL Allstate Corp.	Reduce -11.8%	0.13%	−0.07
CRH CRH PLC	Reduce -74.7%	0.02%	−0.07
GM General Motors Co.	Reduce -73.9%	0.02%	−0.06
KVUE Kenvue Inc.	Reduce -22.5%	0.06%	−0.05
F Ford Motor Co.	Reduce -71.0%	0.01%	−0.05
APO Apollo Global Management Inc.	Reduce -17.5%	0.08%	−0.04
EIX Edison International	Reduce -11.1%	0.07%	−0.04
AMCR Amcor PLC	Reduce -65.8%	0.01%	−0.04
MANH Manhattan Associates Inc.	Sold out	0.00%	−0.04
NUE Nucor Corp.	Reduce -79.9%	0.01%	−0.04
DPZ Domino's Pizza Inc.	Reduce -44.6%	0.03%	−0.04
FOX Fox Corp. Class B	Reduce -62.7%	0.01%	−0.04
CNM Core & Main Inc. Class A	Sold out	0.00%	−0.03
IPG Interpublic Group of Cos Inc.	Sold out	0.00%	−0.03
ZM Zoom Communications Inc.	Reduce -28.7%	0.05%	−0.03
CPAY Corpay Inc.	Reduce -20.7%	0.04%	−0.03
AIG American International Group	Reduce -3.4%	0.09%	−0.03
EBAY eBay Inc.	Reduce -26.6%	0.05%	−0.03
KEYS Keysight Technologies Inc.	Reduce -27.3%	0.04%	−0.03
EPAM Epam Systems Inc.	Sold out	0.00%	−0.03
HUM Humana Inc.	Reduce -1.5%	0.06%	−0.02
AKAM Akamai Technologies Inc.	Reduce -12.7%	0.05%	−0.02
ALLY Ally Financial Inc.	Sold out	0.00%	−0.02
ROKU Roku Inc.	Sold out	0.00%	−0.02
SEIC Sei Investments Company	Reduce -99.8%	0.00%	−0.02
NBIX Neurocrine Biosciences Inc.	Reduce -12.6%	0.07%	−0.02
VICI Vici Properties Inc.	Reduce -4.3%	0.06%	−0.02
DAY Dayforce Inc.	Sold out	0.00%	−0.02
PFG Principal Financial Group	Reduce -3.8%	0.05%	−0.02
EXAS Exact Sciences Corp.	Sold out	0.00%	−0.02
GLPI Gaming and Leisure Propertie	Reduce -2.8%	0.04%	−0.02
VMC Vulcan Materials Co.	Reduce -56.4%	0.01%	−0.02
KMX Carmax Inc.	Sold out	0.00%	−0.02
SWK Stanley Black & Decker Inc.	Sold out	0.00%	−0.02
DOCU Docusign Inc.	Reduce -4.2%	0.04%	−0.02
NTNX Nutanix Inc. Class A	Reduce -17.4%	0.04%	−0.02
AOS Smith (a.o.) Corp.	Sold out	0.00%	−0.02
GLBE Global-E Online Ltd.	Reduce -99.9%	0.00%	−0.02
MRNA Moderna Inc.	Sold out	0.00%	−0.02
TECH Bio-Techne Corp.	Sold out	0.00%	−0.02
LPLA LPL Financial Holdings Inc.	Reduce -11.9%	0.06%	−0.02
OMC Omnicom Group	Reduce -0.8%	0.03%	−0.02

Portfolio Buys Q1 2025 → Q2 2025


NVDA Nvidia Corp.	Add +20.8%	6.28%	+1.65
MSFT Microsoft Corp.	Add +20.7%	5.78%	+1.09
AVGO Broadcom Inc.	Add +20.2%	1.76%	+0.60
META Meta Platforms Inc. Class A	Add +20.9%	2.90%	+0.47
UBER Uber Technologies Inc.	Add +497.1%	0.46%	+0.38
NFLX Netflix Inc.	Add +22.5%	1.42%	+0.37
GE General Electric	Add +109.0%	0.65%	+0.34
ABT Abbott Laboratories	Add +101.1%	0.63%	+0.23
AMZN Amazon.com Inc.	Add +20.1%	3.06%	+0.19
ARCH CAP GROUP LTD	New	0.18%	+0.18
WMT Walmart Inc.	Add +40.8%	1.03%	+0.18
UNP Union Pacific Corp.	Add +147.5%	0.36%	+0.17
ETN Eaton Corp. PLC	Add +95.9%	0.30%	+0.15
LIN Linde PLC	Add +215.5%	0.24%	+0.14
PLTR Palantir Technologies Inc. Class A	Add +19.4%	0.43%	+0.14
ORCL Oracle Corp.	Add +5.8%	0.55%	+0.12
CSX CSX Corp.	Add +201.6%	0.19%	+0.12
NSC Norfolk Southern Corp.	Add +682.1%	0.13%	+0.11
GOOGL Alphabet Inc. Class A	Add +21.4%	1.77%	+0.11
INTU Intuit Inc.	Add +26.0%	0.54%	+0.10
JPM JPMorgan Chase & Co.	Add +20.2%	1.17%	+0.10
GEV GE Vernova Inc.	Add +40.0%	0.20%	+0.09
ODFL Old Dominion Freight Line	Add +275.6%	0.13%	+0.09
HWM Howmet Aerospace Inc.	Add +121.5%	0.14%	+0.09
COF Capital One Financial Corp.	Add +82.6%	0.21%	+0.08
COR Cencora Inc.	Add +54.8%	0.36%	+0.08
GOOG Alphabet Inc. Class C	Add +20.4%	1.54%	+0.08
HOOD Robinhood Markets Inc. Class A	Add +24.1%	0.14%	+0.07
FTNT Fortinet Inc.	Add +56.3%	0.29%	+0.07
AMD Advanced Micro Devices	Add +18.7%	0.34%	+0.07
BAC Bank of America Corp.	Add +30.2%	0.51%	+0.06
LRCX Lam Research Corp.	Add +19.1%	0.33%	+0.06
PGR Progressive Corp.	Add +54.2%	0.56%	+0.06
CMG Chipotle Mexican Grill Inc.	Add +51.1%	0.24%	+0.06
GS Goldman Sachs Group Inc.	Add +20.9%	0.32%	+0.05
NOW ServiceNow Inc.	Add +17.3%	0.37%	+0.05
MU Micron Technology Inc.	Add +23.0%	0.20%	+0.05
ELV Elevance Health Inc.	Add +73.9%	0.29%	+0.05
ANET Arista Networks Inc.	Add +18.4%	0.28%	+0.05
MNST Monster Beverage Corp.	Add +67.0%	0.17%	+0.05
IT Gartner Inc.	Add +102.5%	0.13%	+0.04
RBLX Roblox Corp. Class A	Add +15.6%	0.11%	+0.04
DIS The Walt Disney Co.	Add +18.6%	0.33%	+0.04
TT Trane Technologies PLC	Add +19.5%	0.25%	+0.04
KLAC KLA Corp.	Add +14.9%	0.29%	+0.04
CRWD CrowdStrike Holdings Inc. Class A	Add +14.7%	0.19%	+0.04
BKNG Booking Holdings Inc.	Add +20.6%	0.28%	+0.04
CME Cme Group Inc.	Add +43.5%	0.30%	+0.04
NET Cloudflare Inc. Class A	Add +7.5%	0.12%	+0.04
VRT Vertiv Holdings Co. Class A	Add +18.1%	0.09%	+0.04

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	525	$20.9B	NVDA, AAPL, MSFT, AMZN, GOOGL
Q1 2026	538	$18.3B	NVDA, AAPL, MSFT, AMZN, IEMG
Q4 2025	499	$11.9B	NVDA, AAPL, MSFT, AMZN, GOOGL
Q3 2025	465	$11.6B	NVDA, AAPL, MSFT, AMZN, META
Q2 2025	494	$10.8B	NVDA, MSFT, AAPL, AMZN, META
Q1 2025	527	$8.3B	AAPL, MSFT, NVDA, AMZN, META
Q4 2024	531	$9.9B	AAPL, NVDA, MSFT, AMZN, META
Q3 2024	527	$9.8B	AAPL, NVDA, MSFT, AMZN, META
Q1 2024	535	$9.0B	MSFT, AAPL, NVDA, AMZN, META