FMR LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), FMR LLC reported 5,151 stock positions worth $1.92 trillion. Its top holding was Nvidia (NVDA) at 9.6% of the portfolio, followed by Microsoft (MSFT, 5.7%) and Meta Platforms Class A (META, 5.0%). Compared with Q2 2025, it opened 321 new positions, sold out of 271, added to 2,699 and reduced 1,901. The biggest buy was Alphabet Class A (GOOGL, shares +6%) and the biggest sale Meta Platforms Class A (META, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0000315066
- Portfolio Value
- $1.92T (Q3 2025)
- SEC Filing
- 0000315066-25-002929 ↗ filed Nov 13, 2025
Holdings Value
Holdings 5,151 stocks · $1.92T
| NVDA Nvidia Corp. | 9.55% | 982,706,616 | $183.4B | Reduce -1.5% |
| MSFT Microsoft Corp. | 5.68% | 210,487,489 | $109.0B | Add +2.7% |
| META Meta Platforms Inc. Class A | 4.97% | 130,001,349 | $95.5B | Reduce -4.3% |
| AAPL Apple Inc. | 4.02% | 303,254,081 | $77.2B | Reduce -1.1% |
| AMZN Amazon.com Inc. | 3.76% | 328,881,582 | $72.2B | Reduce -4.4% |
| GOOGL Alphabet Inc. Class A | 2.91% | 229,968,777 | $55.9B | Add +6.3% |
| AVGO Broadcom Inc. | 2.08% | 120,822,806 | $39.9B | Add +3.2% |
| GOOG Alphabet Inc. Class C | 1.40% | 110,104,325 | $26.8B | Add +8.1% |
| NFLX Netflix Inc. | 1.32% | 21,103,748 | $25.3B | Reduce -4.5% |
| TSM Taiwan Semiconductor-SP ADR | 1.06% | 73,186,514 | $20.4B | Add +19.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.06% | 27,065 | $20.4B | Reduce -18.6% |
| LLY Eli Lilly & Co. | 0.96% | 24,171,812 | $18.4B | Reduce -5.7% |
| V Visa Inc. Class A | 0.87% | 48,693,197 | $16.6B | Reduce -12.8% |
| GE General Electric filed as GE AEROSPACE | 0.86% | 54,884,637 | $16.5B | Reduce -9.1% |
| WFC Wells Fargo & Co. | 0.84% | 193,272,152 | $16.2B | Reduce -4.0% |
| TSLA Tesla Inc. | 0.84% | 36,091,120 | $16.1B | Add +20.7% |
| MA Mastercard Inc. Class A | 0.80% | 26,867,920 | $15.3B | Add +8.2% |
| XOM Exxon Mobil Corp. | 0.75% | 127,356,196 | $14.4B | Reduce -4.5% |
| GEV GE Vernova Inc. | 0.73% | 22,666,598 | $13.9B | Reduce -8.5% |
| APH Amphenol Corp. Class A | 0.64% | 99,816,628 | $12.4B | Reduce -8.1% |
| JPM JPMorgan Chase & Co. | 0.64% | 38,737,252 | $12.2B | Reduce -7.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.56% | 209,478,639 | $10.8B | Add +0.1% |
| MRVL Marvell Technology Inc. | 0.53% | 121,745,057 | $10.2B | Add +6.0% |
| APP AppLovin Corp. Class A | 0.51% | 13,706,444 | $9.8B | Reduce -4.7% |
| BSX Boston Scientific Corp. | 0.51% | 99,477,701 | $9.7B | Reduce -8.2% |
| BA The Boeing Co. | 0.49% | 43,695,482 | $9.4B | Add +16.1% |
| ORCL Oracle Corp. | 0.47% | 31,977,709 | $9.0B | Add +28.3% |
| FSEC Fidelity Invest GRD Secur | 0.45% | 193,918,695 | $8.6B | Add +7.5% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.40% | 16,767,625 | $7.6B | Add +6.1% |
| COST Costco Wholesale Corp. | 0.38% | 7,953,470 | $7.4B | Reduce -15.5% |
| KO The Coca-Cola Co. | 0.37% | 108,243,160 | $7.2B | Add +7.9% |
| SHOP Shopify Inc. Class A | 0.36% | 46,435,115 | $6.9B | Add +2.7% |
| SHEL Shell PLC-ADR | 0.36% | 96,140,137 | $6.9B | Add +1.6% |
| MU Micron Technology Inc. | 0.35% | 40,064,500 | $6.7B | Reduce -4.0% |
| GILD Gilead Sciences Inc. | 0.35% | 60,316,279 | $6.7B | Add +0.6% |
| PM Philip Morris International | 0.34% | 40,470,733 | $6.6B | Add +24.3% |
| LOW Lowe's Cos Inc. | 0.34% | 25,779,338 | $6.5B | Reduce -3.7% |
| RBLX Roblox Corp. Class A | 0.34% | 46,523,409 | $6.4B | Reduce -6.0% |
| UBER Uber Technologies Inc. | 0.31% | 60,943,052 | $6.0B | Reduce -3.2% |
| LIN Linde PLC | 0.31% | 12,422,862 | $5.9B | Add +4.2% |
| NXPI NXP Semiconductors NV | 0.28% | 24,012,346 | $5.5B | Reduce -3.6% |
| CSCO Cisco Systems Inc. | 0.26% | 73,505,038 | $5.0B | Reduce -21.0% |
| CRH CRH PLC | 0.26% | 41,462,514 | $5.0B | Add +12.8% |
| ABBV Abbvie Inc. | 0.25% | 21,035,087 | $4.9B | Add +0.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 33,503,314 | $4.8B | Reduce -0.7% |
| TT Trane Technologies PLC | 0.25% | 11,414,997 | $4.8B | Add +11.7% |
| UNH Unitedhealth Group Inc. | 0.25% | 13,690,987 | $4.7B | Reduce -18.5% |
| IMO Imperial Oil Ltd. | 0.25% | 52,025,851 | $4.7B | Add +10.4% |
| ALAB Astera Labs Inc. | 0.25% | 24,079,486 | $4.7B | Reduce -2.9% |
| ANET Arista Networks Inc. | 0.24% | 32,041,881 | $4.7B | Add +26.8% |
| ETN Eaton Corp. PLC | 0.23% | 11,967,630 | $4.5B | Add +6.4% |
| HOOD Robinhood Markets Inc. Class A | 0.23% | 31,240,011 | $4.5B | Reduce -19.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 8,862,840 | $4.5B | Reduce -1.2% |
| CEG Constellation Energy | 0.23% | 13,253,707 | $4.4B | Reduce -6.8% |
| WMT Walmart Inc. | 0.22% | 41,446,324 | $4.3B | Reduce -18.9% |
| ARGX Argenx SE - ADR | 0.22% | 5,692,346 | $4.2B | Add +5.0% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.22% | 49,295,488 | $4.1B | Add +0.5% |
| IWF iShares Russell 1000 Growth | 0.21% | 8,786,354 | $4.1B | Reduce -0.1% |
| PLTR Palantir Technologies Inc. Class A | 0.21% | 22,430,790 | $4.1B | Add +17.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.21% | 35,504,134 | $4.1B | Add +15.1% |
| TRV The Travelers Cos Inc. | 0.21% | 14,520,870 | $4.1B | Reduce -2.2% |
| IVV iShares Core S&P 500 ETF | 0.21% | 6,020,258 | $4.0B | Add +0.9% |
| HD Home Depot Inc. | 0.21% | 9,814,167 | $4.0B | Add +23.9% |
| BKNG Booking Holdings Inc. | 0.21% | 735,616 | $4.0B | Add +19.9% |
| FNV Franco-Nevada Corp. | 0.21% | 17,782,072 | $4.0B | Add +34.4% |
| MS Morgan Stanley | 0.21% | 24,795,170 | $3.9B | Add +19.1% |
| VST Vistra Corp. | 0.20% | 19,893,022 | $3.9B | Add +4.1% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.20% | 12,532,601 | $3.9B | Reduce -4.1% |
| PG The Procter & Gamble Co. | 0.20% | 24,576,502 | $3.8B | Add +8.4% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.20% | 34,588,588 | $3.8B | Add +6.4% |
| TMO Thermo Fisher Scientific Inc. | 0.19% | 7,593,809 | $3.7B | Add +90.3% |
| CRWV Coreweave Inc. Class A | 0.19% | 26,793,956 | $3.7B | Add +7.1% |
| IWB iShares Russell 1000 ETF | 0.19% | 9,975,372 | $3.6B | Reduce -1.6% |
| SPOT Spotify Technology SA | 0.19% | 5,221,916 | $3.6B | Reduce -14.2% |
| AEM Agnico Eagle Mines Ltd. | 0.19% | 21,182,042 | $3.6B | Add +19.0% |
| COF Capital One Financial Corp. | 0.19% | 16,723,843 | $3.6B | Add +0.8% |
| WELL Welltower Inc. | 0.18% | 19,893,923 | $3.5B | Add +8.6% |
| TMUS T-Mobile US Inc. | 0.18% | 14,736,837 | $3.5B | Add +3.8% |
| CB Chubb Ltd. | 0.18% | 12,388,380 | $3.5B | Reduce -11.2% |
| USB US Bancorp | 0.18% | 71,541,251 | $3.5B | Add +0.9% |
| MRSH Marsh & McLennan Cos | 0.17% | 16,455,084 | $3.3B | Reduce -17.9% |
| CDNS Cadence Design SYS Inc. | 0.17% | 9,425,270 | $3.3B | Add +14.0% |
| APO Apollo Global Management Inc. | 0.17% | 24,717,099 | $3.3B | Add +38.2% |
| MPWR Monolithic Power Systems Inc. | 0.17% | 3,564,796 | $3.3B | Add +5.1% |
| WAB Wabtec Corp. | 0.17% | 16,315,120 | $3.3B | Add +21.7% |
| CVS CVS Health Corp. | 0.17% | 43,335,261 | $3.3B | Reduce -5.0% |
| MELI MercadoLibre Inc. | 0.17% | 1,397,761 | $3.3B | Reduce -6.5% |
| PNC PNC Financial Services Group | 0.17% | 16,119,859 | $3.2B | Add +0.8% |
| NOW ServiceNow Inc. | 0.17% | 3,491,895 | $3.2B | Reduce -23.4% |
| C Citigroup Inc. | 0.17% | 31,630,507 | $3.2B | Add +32.4% |
| HWM Howmet Aerospace Inc. | 0.17% | 16,263,504 | $3.2B | Add +2.4% |
| LRCX Lam Research Corp. | 0.16% | 23,352,526 | $3.1B | Reduce -9.0% |
| RDDT Reddit Inc. Class A | 0.16% | 13,489,152 | $3.1B | Add +20.6% |
| CIEN Ciena Corp. | 0.16% | 21,158,386 | $3.1B | Reduce -0.3% |
| CI The Cigna Group | 0.16% | 10,670,155 | $3.1B | Reduce -4.4% |
| DE Deere & Co. | 0.16% | 6,705,942 | $3.1B | Reduce -21.1% |
| QUAL iShares MSCI USA Quality Fac | 0.16% | 15,733,304 | $3.1B | Add +7.3% |
| CMCSA Comcast Corp. Class A | 0.16% | 96,375,913 | $3.0B | Reduce -8.8% |
| PGR Progressive Corp. | 0.16% | 12,204,887 | $3.0B | Reduce -15.8% |
| SCHW Schwab (charles) Corp. | 0.16% | 31,525,696 | $3.0B | Reduce -8.8% |
Options reported separately and not counted above: VRNT calls ($2.9M), WBD calls ($2.9M), MPT puts ($51K).
Other holdings (207): bonds, preferreds, convertibles and warrants · $3.9B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 196,981,575 | $484.6M | Reduce -3.4% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 5,053,800 | $351.0M | Reduce -14.5% |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | 481,700 | $130.9M | New |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 84,806,000 | $92.9M | Add +48.3% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 24,589,000 | $78.9M | Reduce -33.6% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 58,851,000 | $73.9M | Add +94.1% |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 31,340,000 | $70.2M | Reduce -63.7% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 60,619,000 | $69.1M | Add +285.8% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 58,641,000 | $66.7M | Add +114.3% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 1,267,500 | $66.1M | Reduce -4.6% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 34,370,000 | $63.1M | New |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 24,008,000 | $57.8M | Add +58.6% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 19,993,000 | $57.6M | Reduce -40.5% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 42,842 | $52.9M | Reduce -11.0% |
| MARA HOLDINGS INC (MARA 2.125 09/01/31) | NOTE 2.125% 9/0 · principal | 43,391,000 | $52.4M | New |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 55,268,000 | $51.0M | Add +0.6% |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | 11,205,000 | $46.2M | Reduce -5.2% |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 35,254,000 | $45.5M | Add +280.8% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 614,129 | $43.3M | Add +40.7% |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 13,753,000 | $43.1M | Add +2.1% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 33,268 | $42.6M | Reduce -10.7% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 31,603,000 | $40.8M | Add +150.1% |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 31,025,000 | $40.2M | Add +159.7% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 397,816 | $36.5M | Reduce -72.4% |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 23,990,000 | $36.4M | New |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 20,940,000 | $30.8M | Reduce -9.8% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 16,694,000 | $27.4M | Reduce -7.5% |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 6,126,000 | $27.4M | Add +12.9% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 691,037 | $26.3M | Add +23.5% |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | 24,046,000 | $25.9M | New |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 26,500,000 | $25.9M | Add +32.3% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 24,581,000 | $24.9M | Reduce -17.7% |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 508,121 | $24.5M | No change |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 23,685,000 | $24.0M | Reduce -40.5% |
| GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | 15,344,000 | $23.5M | Reduce -2.3% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 343,900 | $23.4M | Reduce -5.7% |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 451,770 | $22.5M | Reduce -4.2% |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 11,747,000 | $22.2M | New |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 438,300 | $21.9M | Reduce -14.7% |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 14,024,000 | $21.2M | Reduce -0.5% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 22,814,000 | $21.0M | Reduce -13.2% |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 7,350,000 | $20.9M | Reduce -3.6% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 19,060,000 | $20.5M | Reduce -6.4% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 12,575,000 | $20.3M | Reduce -4.5% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 14,984,000 | $19.9M | Reduce -6.8% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 335,800 | $19.8M | Reduce -59.5% |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 12,638,000 | $19.8M | New |
| THE REALREAL INC (REAL 1 03/01/28) | NOTE 1.000% 3/0 · principal | 15,162,000 | $19.3M | New |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 19,314,000 | $18.9M | Add +286.3% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 18,570,000 | $18.9M | Reduce -4.9% |
| CARDLYTICS INC (CDLX 4.25 04/01/29) | NOTE 4.250% 4/0 · principal | 34,591,000 | $18.2M | Add +1531.7% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 14,508,000 | $18.1M | Reduce -6.2% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 18,869,000 | $17.4M | Reduce -29.1% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 16,491,000 | $17.1M | Reduce -7.9% |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 425,800 | $16.9M | Reduce -36.2% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 16,007,000 | $16.8M | Reduce -2.0% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 6,793,000 | $16.4M | Reduce -6.3% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 14,340,000 | $15.9M | Reduce -13.5% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 12,553,000 | $15.8M | Reduce -5.8% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 12,768,000 | $15.6M | Reduce -6.4% |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 8,620,000 | $15.4M | Reduce -6.0% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 16,000,000 | $15.1M | New |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 13,309,000 | $15.0M | Add +93.8% |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | 11,976,000 | $14.8M | New |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 13,625,000 | $14.7M | Reduce -4.1% |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 14,136,000 | $14.7M | Reduce -28.5% |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 309,700 | $14.6M | Reduce -4.7% |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 6,055,000 | $14.5M | Reduce -7.3% |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | 12,195,000 | $14.5M | New |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 14,324,000 | $14.4M | Add +17.5% |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 12,886,000 | $14.3M | Reduce -20.1% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 11,935,000 | $14.1M | Reduce -4.1% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 10,058,000 | $14.0M | Reduce -4.9% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 9,825,000 | $13.6M | Reduce -2.0% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 8,083,000 | $13.6M | Reduce -36.8% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 9,536,000 | $13.4M | Reduce -11.9% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 11,080,000 | $12.6M | Reduce -9.9% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 13,762,000 | $12.5M | Reduce -6.1% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 12,684,000 | $12.3M | Reduce -12.0% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 9,565,000 | $11.7M | Reduce -4.7% |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 12,578,000 | $11.5M | Reduce -5.0% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | 9,560,000 | $11.5M | Reduce -6.3% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 11,349,000 | $11.4M | Reduce -24.0% |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 11,068,000 | $11.3M | Reduce -18.8% |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 7,188,000 | $11.3M | Reduce -7.8% |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 2,419,000 | $10.8M | Add +36.4% |
| ZYNGA INC (ZNGA 0 12/15/26) | NOTE 12/1 · principal | 9,800,000 | $10.7M | No change |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 8,924,000 | $10.6M | Reduce -6.2% |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 7,678,000 | $10.5M | Reduce -4.8% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 9,162,000 | $10.5M | Reduce -6.5% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 7,581,000 | $10.4M | No change |
| GUARDANT HEALTH INC (GH 1.25 02/15/31) | DEBT 1.250% 2/1 · principal | 7,928,000 | $10.3M | Add +7.1% |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | 4,034,000 | $10.1M | Reduce -5.0% |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 104,800 | $10.0M | Reduce -12.2% |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | 10,000,000 | $10.0M | No change |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 9,813,000 | $9.9M | New |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 10,000,000 | $9.8M | New |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 6,989,000 | $9.7M | Reduce -4.3% |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 95,400 | $9.6M | Reduce -5.2% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 8,478,000 | $9.4M | Reduce -4.5% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 8,224,000 | $9.3M | Reduce -29.8% |
| PELOTON INTERACTIVE INC (PTON 5.5 12/01/29) | NOTE 5.500%12/0 · principal | 4,122,000 | $9.2M | Reduce -5.0% |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 7,422,000 | $9.1M | Reduce -5.4% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 9,054,000 | $9.1M | Reduce -11.8% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 8,393,000 | $8.9M | Reduce -9.4% |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 161,900 | $8.9M | Add +547.6% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 9,691,000 | $8.8M | Reduce -6.0% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 6,267,000 | $8.8M | Reduce -4.7% |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | 426,886 | $8.5M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 8,650,000 | $8.5M | Reduce -4.8% |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 6,605,000 | $8.4M | Reduce -4.6% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 8,033,000 | $8.3M | Reduce -4.8% |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 8,141,000 | $8.2M | Reduce -14.2% |
| EVOLENT HEALTH INC | DEBT 4.500% 8/1 · principal | 8,000,000 | $8.0M | New |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 7,764,000 | $8.0M | Reduce -4.7% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 7,502,000 | $7.8M | Reduce -16.3% |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 5,431,000 | $7.7M | Reduce -4.3% |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 3,914,000 | $7.7M | Reduce -4.3% |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 6,605,000 | $7.6M | Reduce -3.4% |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | 7,297,000 | $7.5M | Reduce -10.1% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 6,705,000 | $7.5M | Reduce -5.1% |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 8,758,000 | $7.5M | Reduce -4.9% |
| SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) | NOTE 3.500%12/0 · principal | 3,935,000 | $7.4M | Reduce -1.5% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 6,754,000 | $7.4M | Reduce -4.6% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 7,353,000 | $7.2M | Reduce -19.3% |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | 4,901,000 | $7.1M | New |
| SUNRUN INC (RUN 4 03/01/30) | NOTE 4.000% 3/0 · principal | 5,075,000 | $6.9M | Reduce -5.4% |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 6,987,000 | $6.9M | Reduce -7.4% |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 7,000,000 | $6.8M | Add +75.0% |
| PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) | 6.3 CUM PFD SR F | 329,872 | $6.7M | No change |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | 6,436,000 | $6.6M | New |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 7,181,000 | $6.4M | Reduce -36.3% |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 6,809,000 | $6.4M | Reduce -20.9% |
| CIPHER DIGITAL INC (CIFR 1.75 05/15/30) | NOTE 1.750% 5/1 · principal | 2,113,000 | $6.2M | New |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | 6,000,000 | $5.9M | No change |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | 5,800,000 | $5.8M | No change |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 3,551,000 | $5.8M | Reduce -4.3% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 5,972,000 | $5.7M | New |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 5,043,000 | $5.5M | Reduce -4.4% |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | 3,248,000 | $5.4M | Reduce -3.1% |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 4,003,000 | $5.4M | Reduce -2.1% |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 4,773,000 | $5.3M | Reduce -4.7% |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | 3,528,000 | $5.3M | Reduce -4.6% |
| SPIRIT AEROSYSTEMS INC (SPR 3.25 11/01/28) | NOTE 3.250%11/0 · principal | 3,437,000 | $5.1M | Reduce -3.9% |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 4,917,000 | $4.9M | Reduce -25.7% |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 4,443,000 | $4.8M | Reduce -15.1% |
| LIVANOVA PLC (LIVN 2.5 03/15/29) | NOTE 2.500% 3/1 · principal | 4,410,000 | $4.7M | Reduce -4.8% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 4,268,000 | $4.7M | Reduce -4.8% |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 4,925,000 | $4.5M | Reduce -4.7% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 4,142,000 | $4.4M | Reduce -1.9% |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 5,531,000 | $4.4M | Reduce -28.3% |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 4,171,000 | $4.3M | Reduce -13.2% |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 3,757,000 | $4.2M | Reduce -6.6% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 4,694,000 | $4.2M | Reduce -42.7% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 4,724,000 | $4.2M | Reduce -76.0% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 4,215,000 | $4.2M | Reduce -62.8% |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 3,968,000 | $4.0M | Reduce -5.1% |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 4,046,000 | $4.0M | Reduce -19.6% |
| SOLARIS ENERGY INFRASTRU (SEI 4.75 05/01/30) | NOTE 4.750% 5/0 · principal | 2,176,000 | $3.9M | New |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 3,106,000 | $3.7M | Reduce -10.4% |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | 2,564,000 | $3.6M | New |
| WISDOMTREE INC (WT 3.25 08/15/29) | NOTE 3.250% 8/1 · principal | 2,675,000 | $3.5M | New |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | 3,440,000 | $3.5M | Reduce -7.9% |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 3,803,000 | $3.4M | Reduce -15.7% |
| VEECO INSTRUMENTS INC (VECO 2.875 06/01/29) | NOTE 2.875% 6/0 · principal | 2,671,000 | $3.4M | Reduce -3.1% |
| PENGUIN SOLUTIONS CAYMEN (PENG 2 08/15/30) | NOTE 2.000% 8/1 · principal | 2,820,000 | $3.3M | New |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | 3,811,000 | $3.3M | Reduce -3.2% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 3,500,000 | $3.3M | Reduce -3.2% |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 3,835,000 | $3.3M | Reduce -3.3% |
| DISH NETWORK CORP (DISH 0 12/15/25) | NOTE 12/1 · principal | 2,990,000 | $2.9M | New |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 2,449,000 | $2.9M | Reduce -3.4% |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 3,078,000 | $2.8M | Reduce -3.1% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 1,813,000 | $2.8M | No change |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 2,800,000 | $2.6M | Reduce -3.1% |
| BOX INC (BOX 0 01/15/26) | NOTE 1/1 · principal | 1,997,000 | $2.5M | Reduce -3.6% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 2,420,000 | $2.5M | Reduce -82.6% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 2,500,000 | $2.4M | Reduce -84.8% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 2,500,000 | $2.4M | No change |
| MAGNITE INC (MGNI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 2,385,000 | $2.3M | Reduce -2.6% |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | 6,211,000 | $2.3M | Reduce -6.0% |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 2,898,000 | $2.2M | Reduce -3.2% |
| OPKO HEALTH INC (OPK 3.75 01/15/29) | NOTE 3.750% 1/1 · principal | 1,375,000 | $2.1M | Reduce -3.2% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 1,500,000 | $2.0M | Reduce -25.0% |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | 1,250,000 | $2.0M | No change |
| NOVAVAX INC (NVAX 5 12/15/27) | NOTE 5.000%12/1 · principal | 1,748,000 | $2.0M | Reduce -2.8% |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 2,000,000 | $2.0M | No change |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 2,000,000 | $1.9M | No change |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | 1,608,000 | $1.9M | Reduce -3.0% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 2,000,000 | $1.8M | No change |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 1,408,000 | $1.8M | Reduce -3.4% |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | 2,105,000 | $1.7M | Reduce -3.4% |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 1,834,000 | $1.6M | Reduce -84.8% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 64,035 | $1.6M | No change |
| NE.WS Noble Corp. PLC-28 | *W EXP 02/04/202 | 123,305 | $1.3M | No change |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 550,000 | $1.1M | Add +97.8% |
| NOBLE CORP PLC-28 | *W EXP 02/04/202 | 123,305 | $1.1M | No change |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 1,151,000 | $996K | Reduce -79.6% |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | 2,000,000 | $962K | No change |
| CELCUITY INC (CELC 2.75 08/01/31) | NOTE 2.750% 8/0 · principal | 700,000 | $929K | New |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | 425,000 | $459K | No change |
Largest 200 of 207 shown.
Lines left out (2) · $401 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| BH.A Biglari Holdings Inc. Class A | COM STK CL A | 0 | $355 |
| VFQY Vanguard U.S. Quality Factor | US QUALITY | 0 | $46 |
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: $1.92T.
Portfolio Sells Q2 2025 → Q3 2025
| META Meta Platforms Inc. Class A | Reduce -4.3% | 4.97% | −0.69 |
| AMZN Amazon.com Inc. | Reduce -4.4% | 3.76% | −0.50 |
| NFLX Netflix Inc. | Reduce -4.5% | 1.32% | −0.35 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -18.6% | 1.06% | −0.31 |
| V Visa Inc. Class A | Reduce -12.8% | 0.87% | −0.25 |
| LLY Eli Lilly & Co. | Reduce -5.7% | 0.96% | −0.17 |
| BSX Boston Scientific Corp. | Reduce -8.2% | 0.51% | −0.15 |
| ISRG Intuitive Surgical Inc. | Reduce -42.3% | 0.12% | −0.15 |
| COST Costco Wholesale Corp. | Reduce -15.5% | 0.38% | −0.14 |
| LULU Lululemon Athletica Inc. | Reduce -65.8% | 0.04% | −0.12 |
| CSCO Cisco Systems Inc. | Reduce -21.0% | 0.26% | −0.10 |
| NOW ServiceNow Inc. | Reduce -23.4% | 0.17% | −0.10 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -48.4% | 0.07% | −0.09 |
| DE Deere & Co. | Reduce -21.1% | 0.16% | −0.08 |
| CNC Centene Corp. | Reduce -87.6% | 0.01% | −0.08 |
| MRSH Marsh & McLennan Cos | Reduce -17.9% | 0.17% | −0.07 |
| SPOT Spotify Technology SA | Reduce -14.2% | 0.19% | −0.07 |
| MNDY Monday.com Ltd. | Reduce -64.1% | 0.02% | −0.07 |
| CRM Salesforce Inc. | Reduce -21.0% | 0.12% | −0.07 |
| SPGI S&P Global Inc. | Reduce -28.6% | 0.10% | −0.07 |
| WFC Wells Fargo & Co. | Reduce -4.0% | 0.84% | −0.07 |
| XOM Exxon Mobil Corp. | Reduce -4.5% | 0.75% | −0.06 |
| KDP Keurig Dr Pepper Inc. | Reduce -3.2% | 0.14% | −0.06 |
| PGR Progressive Corp. | Reduce -15.8% | 0.16% | −0.06 |
| SYK Stryker Corp. | Reduce -28.1% | 0.10% | −0.06 |
| WMT Walmart Inc. | Reduce -18.9% | 0.22% | −0.06 |
| SAP Sap SE-Sponsored ADR | Reduce -23.2% | 0.10% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -8.8% | 0.16% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -7.9% | 0.64% | −0.05 |
| CRCL Circle Internet Group Inc. | Reduce -5.7% | 0.09% | −0.05 |
| MELI MercadoLibre Inc. | Reduce -6.5% | 0.17% | −0.05 |
| UNH Unitedhealth Group Inc. | Reduce -18.5% | 0.25% | −0.05 |
| CI The Cigna Group | Reduce -4.4% | 0.16% | −0.05 |
| AMT American Tower Corp. | Reduce -9.9% | 0.12% | −0.05 |
| CB Chubb Ltd. | Reduce -11.2% | 0.18% | −0.05 |
| SNAP Snap Inc. Class A | Reduce -40.5% | 0.04% | −0.05 |
| OKTA Okta Inc. | Reduce -39.5% | 0.05% | −0.04 |
| AMD Advanced Micro Devices | Reduce -39.8% | 0.07% | −0.04 |
| GWW WW Grainger Inc. | Reduce -51.3% | 0.03% | −0.04 |
| VRSK Verisk Analytics Inc. | Reduce -22.9% | 0.06% | −0.04 |
| REGN Regeneron Pharmaceuticals | Reduce -41.8% | 0.06% | −0.04 |
| KVUE Kenvue Inc. | Reduce -9.3% | 0.08% | −0.04 |
| ABNB Airbnb Inc. Class A | Reduce -27.7% | 0.06% | −0.04 |
| FISV Fiserv Inc. | Reduce -53.2% | 0.02% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -8.9% | 0.06% | −0.04 |
| PANW Palo Alto Networks Inc. | Reduce -26.7% | 0.08% | −0.04 |
| SBUX Starbucks Corp. | Reduce -10.6% | 0.12% | −0.04 |
| INTU Intuit Inc. | Reduce -11.1% | 0.10% | −0.04 |
| TRI Thomson Reuters Corp. | Reduce -33.4% | 0.03% | −0.04 |
| IT Gartner Inc. | Reduce -80.6% | 0.01% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOGL Alphabet Inc. Class A | Add +6.3% | 2.91% | +0.76 |
| GOOG Alphabet Inc. Class C | Add +8.1% | 1.40% | +0.38 |
| TSLA Tesla Inc. | Add +20.7% | 0.84% | +0.30 |
| TSM Taiwan Semiconductor-SP ADR | Add +19.2% | 1.06% | +0.28 |
| AVGO Broadcom Inc. | Add +3.2% | 2.08% | +0.25 |
| ORCL Oracle Corp. | Add +28.3% | 0.47% | +0.16 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +6.1% | 0.40% | +0.11 |
| TMO Thermo Fisher Scientific Inc. | Add +90.3% | 0.19% | +0.10 |
| ANET Arista Networks Inc. | Add +26.8% | 0.24% | +0.10 |
| FNV Franco-Nevada Corp. | Add +34.4% | 0.21% | +0.08 |
| KLAC KLA Corp. | Add +118.0% | 0.14% | +0.08 |
| SNDK Sandisk Corp. | Add +0.2% | 0.13% | +0.07 |
| CMI Cummins Inc. | Add +250.2% | 0.09% | +0.07 |
| CRH CRH PLC | Add +12.8% | 0.26% | +0.07 |
| PLTR Palantir Technologies Inc. Class A | Add +17.8% | 0.21% | +0.07 |
| RDDT Reddit Inc. Class A | Add +20.6% | 0.16% | +0.07 |
| AEM Agnico Eagle Mines Ltd. | Add +19.0% | 0.19% | +0.07 |
| SHOP Shopify Inc. Class A | Add +2.7% | 0.36% | +0.06 |
| P Everpure Inc. Class A | Add +0.5% | 0.22% | +0.06 |
| URI United Rentals Inc. | Add +185.6% | 0.08% | +0.05 |
| BABA Alibaba Group Holding-SP ADR | Add +30.8% | 0.11% | +0.05 |
| C Citigroup Inc. | Add +32.4% | 0.17% | +0.05 |
| CVX Chevron Corp. | Add +153.8% | 0.08% | +0.05 |
| ARGX Argenx SE - ADR | Add +5.0% | 0.22% | +0.05 |
| EW Edwards Lifesciences Corp. | Add +476.7% | 0.06% | +0.05 |
| GS Goldman Sachs Group Inc. | Add +41.9% | 0.15% | +0.05 |
| DHI D.R. Horton Inc. | Add +104.5% | 0.08% | +0.05 |
| BA The Boeing Co. | Add +16.1% | 0.49% | +0.05 |
| HD Home Depot Inc. | Add +23.9% | 0.21% | +0.04 |
| INSM Insmed Inc. | Add +80.3% | 0.07% | +0.04 |
| MS Morgan Stanley | Add +19.1% | 0.21% | +0.04 |
| DDOG Datadog Inc. Class A | Add +51.2% | 0.12% | +0.04 |
| CAT Caterpillar Inc. | Add +74.1% | 0.08% | +0.04 |
| NRG NRG Energy Inc. | Add +54.9% | 0.12% | +0.04 |
| DLTR Dollar Tree Inc. | Add +179.3% | 0.06% | +0.04 |
| WCN Waste Connections Inc. | Add +88.4% | 0.10% | +0.04 |
| SNPS Synopsys Inc. | Add +47.5% | 0.15% | +0.04 |
| SE Sea Ltd.-ADR | Add +47.5% | 0.10% | +0.03 |
| IMO Imperial Oil Ltd. | Add +10.4% | 0.25% | +0.03 |
| CBRE CBRE Group Inc. Class A | Add +89.5% | 0.07% | +0.03 |
| FIX Comfort Systems USA Inc. | Add +20.5% | 0.08% | +0.03 |
| UAL United Airlines Holdings Inc. | Add +65.6% | 0.07% | +0.03 |
| ABBV Abbvie Inc. | Add +0.2% | 0.25% | +0.03 |
| AMRZ Amrize Ltd. | New | 0.03% | +0.03 |
| MRVL Marvell Technology Inc. | Add +6.0% | 0.53% | +0.03 |
| PDD PDD Holdings Inc. | Add +16.0% | 0.12% | +0.03 |
| MPWR Monolithic Power Systems Inc. | Add +5.1% | 0.17% | +0.03 |
| DAL Delta Air Lines Inc. | Add +96.3% | 0.06% | +0.03 |
| NEM Newmont Corp. | Add +22.9% | 0.08% | +0.03 |
| WBD Warner Bros Discovery Inc. | Add +124.4% | 0.04% | +0.03 |
Options Activity Q2 2025 → Q3 2025
| VRNT Verint Systems Inc. | call | New | 144,700 | $2.9M |
| WBD Warner Bros Discovery Inc. | call | New | 150,000 | $2.9M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Reduce -3.4% | 196,981,575 | $484.6M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Reduce -14.5% | 5,053,800 | $351.0M |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | New | 481,700 | $130.9M |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | Add +48.3% | 84,806,000 | $92.9M |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Sold out | 337,589,000 | $83.6Mbefore exit |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Reduce -33.6% | 24,589,000 | $78.9M |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Add +94.1% | 58,851,000 | $73.9M |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | Reduce -63.7% | 31,340,000 | $70.2M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | Add +285.8% | 60,619,000 | $69.1M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Add +114.3% | 58,641,000 | $66.7M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Reduce -4.6% | 1,267,500 | $66.1M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | New | 34,370,000 | $63.1M |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | Add +58.6% | 24,008,000 | $57.8M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Reduce -40.5% | 19,993,000 | $57.6M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -11.0% | 42,842 | $52.9M |
| MARA HOLDINGS INC (MARA 2.125 09/01/31) | NOTE 2.125% 9/0 · principal | New | 43,391,000 | $52.4M |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | Add +0.6% | 55,268,000 | $51.0M |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | Reduce -5.2% | 11,205,000 | $46.2M |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | Add +280.8% | 35,254,000 | $45.5M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Add +40.7% | 614,129 | $43.3M |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Add +2.1% | 13,753,000 | $43.1M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -10.7% | 33,268 | $42.6M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Add +150.1% | 31,603,000 | $40.8M |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | Add +159.7% | 31,025,000 | $40.2M |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Reduce -72.4% | 397,816 | $36.5M |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | New | 23,990,000 | $36.4M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Reduce -9.8% | 20,940,000 | $30.8M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Reduce -7.5% | 16,694,000 | $27.4M |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Add +12.9% | 6,126,000 | $27.4M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Add +23.5% | 691,037 | $26.3M |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | New | 24,046,000 | $25.9M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Add +32.3% | 26,500,000 | $25.9M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Reduce -17.7% | 24,581,000 | $24.9M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Reduce -40.5% | 23,685,000 | $24.0M |
| GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | Reduce -2.3% | 15,344,000 | $23.5M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Reduce -5.7% | 343,900 | $23.4M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -4.2% | 451,770 | $22.5M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | New | 11,747,000 | $22.2M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Reduce -14.7% | 438,300 | $21.9M |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Reduce -0.5% | 14,024,000 | $21.2M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Reduce -13.2% | 22,814,000 | $21.0M |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Reduce -3.6% | 7,350,000 | $20.9M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Sold out | 525,283 | $20.9Mbefore exit |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Reduce -6.4% | 19,060,000 | $20.5M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Reduce -4.5% | 12,575,000 | $20.3M |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Reduce -6.8% | 14,984,000 | $19.9M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Reduce -59.5% | 335,800 | $19.8M |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | New | 12,638,000 | $19.8M |
| THE REALREAL INC (REAL 1 03/01/28) | NOTE 1.000% 3/0 · principal | New | 15,162,000 | $19.3M |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | Add +286.3% | 19,314,000 | $18.9M |
Showing the first 50 of 221.
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 | 5,324 | $2.30T | NVDA, AAPL, GOOGL, AMZN, MSFT |
| Q1 2026 | 5,185 | $1.89T | NVDA, AAPL, AMZN, MSFT, GOOGL |
| Q4 2025 | 5,185 | $1.96T | NVDA, MSFT, AAPL, META, AMZN |
| Q3 2025 | 5,151 | $1.92T | NVDA, MSFT, META, AAPL, AMZN |
| Q2 2025 | 5,098 | $1.77T | NVDA, MSFT, META, AMZN, AAPL |
| Q1 2025 | 5,060 | $1.56T | NVDA, META, MSFT, AAPL, AMZN |
| Q4 2024 | 5,323 | $1.67T | NVDA, AAPL, MSFT, META, AMZN |
| Q3 2024 | 5,285 | $1.64T | NVDA, MSFT, AAPL, META, AMZN |
| Q2 2024 | 5,177 | $1.56T | NVDA, MSFT, AAPL, META, AMZN |
| Q1 2024 | 5,168 | $1.49T | NVDA, MSFT, META, AMZN, AAPL |