Goldman Sachs Group Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Goldman Sachs Group Inc. reported 5,117 stock positions worth $691.2 billion. Its top holding was Nvidia (NVDA) at 4.5% of the portfolio, followed by Microsoft (MSFT, 4.1%) and Apple (AAPL, 3.6%). Compared with Q2 2025, it opened 492 new positions, sold out of 352, added to 2,623 and reduced 1,838. The biggest buy was Apple (AAPL, shares +6%) and the biggest sale iShares Russell 2000 ETF (IWM, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000886982
- Portfolio Value
- $691.2B (Q3 2025)
- SEC Filing
- 0000886982-25-001521 ↗ filed Nov 14, 2025
Holdings Value
Holdings 5,117 stocks · $691.2B
| NVDA Nvidia Corp. | 4.54% | 168,036,771 | $31.4B | Add +5.0% |
| MSFT Microsoft Corp. | 4.09% | 54,558,265 | $28.3B | Add +16.8% |
| AAPL Apple Inc. | 3.56% | 96,584,304 | $24.6B | Add +6.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.49% | 36,186,172 | $24.1B | Reduce -1.8% |
| AMZN Amazon.com Inc. | 2.02% | 63,525,708 | $13.9B | Add +15.9% |
| TSLA Tesla Inc. | 1.92% | 29,884,403 | $13.3B | Reduce -2.2% |
| META Meta Platforms Inc. Class A | 1.90% | 17,869,980 | $13.1B | Add +8.6% |
| GOOGL Alphabet Inc. Class A | 1.81% | 51,436,182 | $12.5B | Add +9.6% |
| AVGO Broadcom Inc. | 1.76% | 36,785,819 | $12.1B | Reduce -0.9% |
| IVV iShares Core S&P 500 ETF | 1.32% | 13,666,907 | $9.1B | Add +26.2% |
| VOO Vanguard S&P 500 ETF | 1.19% | 13,465,794 | $8.2B | Add +2.2% |
| JPM JPMorgan Chase & Co. | 1.01% | 22,166,440 | $7.0B | Add +4.8% |
| GOOG Alphabet Inc. Class C | 0.85% | 24,140,665 | $5.9B | Add +3.9% |
| V Visa Inc. Class A | 0.84% | 17,022,920 | $5.8B | Add +5.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.83% | 9,587,659 | $5.8B | Add +6.9% |
| LLY Eli Lilly & Co. | 0.73% | 6,654,806 | $5.1B | Add +21.0% |
| ORCL Oracle Corp. | 0.61% | 15,004,217 | $4.2B | Add +20.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.61% | 8,359,648 | $4.2B | Reduce -8.1% |
| NFLX Netflix Inc. | 0.60% | 3,442,145 | $4.1B | Add +9.0% |
| IWM iShares Russell 2000 ETF | 0.53% | 15,057,395 | $3.6B | Reduce -31.2% |
| MA Mastercard Inc. Class A | 0.52% | 6,334,869 | $3.6B | Add +18.3% |
| TRP TC Energy Corp. | 0.51% | 65,043,259 | $3.5B | Add +155.9% |
| IWF iShares Russell 1000 Growth | 0.49% | 7,300,031 | $3.4B | Reduce -23.8% |
| COST Costco Wholesale Corp. | 0.49% | 3,688,791 | $3.4B | Add +20.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.49% | 12,134,878 | $3.4B | Add +12.7% |
| ABBV Abbvie Inc. | 0.45% | 13,395,219 | $3.1B | Add +10.1% |
| WMT Walmart Inc. | 0.42% | 28,338,111 | $2.9B | Add +3.0% |
| HD Home Depot Inc. | 0.42% | 7,182,899 | $2.9B | Add +5.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.40% | 54,102,177 | $2.8B | Add +24.1% |
| EFA iShares MSCI Eafe ETF | 0.40% | 29,656,781 | $2.8B | Reduce -13.2% |
| XOM Exxon Mobil Corp. | 0.40% | 24,255,850 | $2.7B | Reduce -1.6% |
| PG The Procter & Gamble Co. | 0.37% | 16,628,733 | $2.6B | Reduce -3.3% |
| PLTR Palantir Technologies Inc. Class A | 0.36% | 13,634,078 | $2.5B | Reduce -23.8% |
| JNJ Johnson & Johnson | 0.35% | 13,109,744 | $2.4B | Add +8.0% |
| MS Morgan Stanley | 0.34% | 14,968,473 | $2.4B | Reduce -5.1% |
| GE General Electric filed as GE AEROSPACE | 0.34% | 7,896,023 | $2.4B | Reduce -0.8% |
| APP AppLovin Corp. Class A | 0.33% | 3,211,586 | $2.3B | Add +63.1% |
| IWD iShares Russell 1000 Value E | 0.33% | 11,328,827 | $2.3B | Reduce -26.8% |
| XBI SS SPDR S&P Biotech ETF | 0.33% | 22,732,860 | $2.3B | Add +25.6% |
| CSCO Cisco Systems Inc. | 0.32% | 32,434,207 | $2.2B | Reduce -2.2% |
| IBIT iShares Bitcoin Trust ETF | 0.32% | 33,963,324 | $2.2B | Add +32.6% |
| ABT Abbott Laboratories | 0.31% | 16,128,211 | $2.2B | Add +6.1% |
| KLAC KLA Corp. | 0.31% | 1,961,537 | $2.1B | Reduce -6.6% |
| BABA Alibaba Group Holding-SP ADR | 0.30% | 11,772,859 | $2.1B | Reduce -7.1% |
| IEMG iShares Core MSCI Emerging | 0.30% | 31,259,056 | $2.1B | Add +6.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.30% | 23,422,870 | $2.0B | Add +10.3% |
| TXN Texas Instruments Inc. | 0.28% | 10,683,657 | $2.0B | Reduce -1.6% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.28% | 49,290,296 | $2.0B | Add +2.6% |
| MU Micron Technology Inc. | 0.28% | 11,448,942 | $1.9B | Reduce -14.2% |
| CRM Salesforce Inc. | 0.27% | 7,972,387 | $1.9B | Reduce -4.3% |
| ETN Eaton Corp. PLC | 0.27% | 5,016,856 | $1.9B | Add +5.9% |
| LRCX Lam Research Corp. | 0.27% | 13,907,551 | $1.9B | Add +0.0% |
| IJH iShares Core S&P Midcap ETF | 0.27% | 28,327,948 | $1.8B | Add +5.4% |
| INTU Intuit Inc. | 0.26% | 2,635,173 | $1.8B | Add +29.2% |
| UNH Unitedhealth Group Inc. | 0.26% | 5,200,340 | $1.8B | Reduce -25.7% |
| KO The Coca-Cola Co. | 0.25% | 25,963,579 | $1.7B | Add +9.9% |
| VEA Vanguard Ftse Developed ETF | 0.25% | 28,729,575 | $1.7B | Reduce -3.9% |
| WFC Wells Fargo & Co. | 0.24% | 20,137,267 | $1.7B | Add +2.0% |
| PEP Pepsico Inc. | 0.24% | 11,949,313 | $1.7B | Add +29.8% |
| COF Capital One Financial Corp. | 0.24% | 7,796,406 | $1.7B | Add +18.1% |
| AMD Advanced Micro Devices | 0.24% | 10,094,316 | $1.6B | Add +44.5% |
| GEV GE Vernova Inc. | 0.23% | 2,594,001 | $1.6B | Reduce -1.6% |
| GSUS Goldman Sachs Marketbeta US | 0.23% | 17,066,689 | $1.6B | Reduce -1.0% |
| RTX RTX Corp. | 0.23% | 9,412,608 | $1.6B | Add +9.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.23% | 5,555,219 | $1.6B | Add +12.0% |
| XLI SS Industrial Select Sector | 0.22% | 9,991,478 | $1.5B | Add +19.7% |
| CVX Chevron Corp. | 0.22% | 9,794,461 | $1.5B | Add +24.1% |
| RSP Invesco S&P 500 Equal Weight | 0.22% | 7,974,676 | $1.5B | Add +11.3% |
| APH Amphenol Corp. Class A | 0.22% | 12,175,931 | $1.5B | Add +52.3% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.22% | 3,226,926 | $1.5B | Add +182.2% |
| BLK BlackRock Inc. | 0.22% | 1,277,401 | $1.5B | Add +17.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.22% | 14,228,012 | $1.5B | Add +303.9% |
| AGG iShares Core U.S. Aggregate | 0.21% | 14,810,588 | $1.5B | Reduce -8.9% |
| SHOP Shopify Inc. Class A | 0.21% | 9,985,807 | $1.5B | Add +7.2% |
| BSX Boston Scientific Corp. | 0.21% | 15,005,259 | $1.5B | Add +7.7% |
| LIN Linde PLC | 0.21% | 3,079,118 | $1.5B | Reduce -11.2% |
| AXP American Express Co. | 0.21% | 4,322,306 | $1.4B | Reduce -2.2% |
| CAT Caterpillar Inc. | 0.21% | 2,980,443 | $1.4B | Reduce -2.8% |
| PM Philip Morris International | 0.21% | 8,759,422 | $1.4B | Add +4.0% |
| QCOM Qualcomm Inc. | 0.20% | 8,472,910 | $1.4B | Reduce -3.6% |
| T AT&T Inc. | 0.20% | 49,883,281 | $1.4B | Reduce -1.5% |
| ISRG Intuitive Surgical Inc. | 0.20% | 3,137,699 | $1.4B | Add +22.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 9,558,793 | $1.4B | Add +25.9% |
| NEE Nextera Energy Inc. | 0.20% | 18,081,817 | $1.4B | Reduce -19.0% |
| BSV Vanguard Short-Term Bond ETF | 0.20% | 17,209,365 | $1.4B | Add +4.0% |
| ETHA iShares Ethereum Trust ETF | 0.19% | 42,270,570 | $1.3B | Add +69.8% |
| PDD PDD Holdings Inc. | 0.19% | 10,051,279 | $1.3B | Reduce -0.8% |
| VZ Verizon Communications Inc. | 0.19% | 30,148,867 | $1.3B | Add +1.9% |
| UBER Uber Technologies Inc. | 0.19% | 13,398,167 | $1.3B | Add +9.8% |
| XLK SS Technology Select Sector | 0.19% | 4,641,080 | $1.3B | Add +2.8% |
| AMAT Applied Materials Inc. | 0.19% | 6,320,210 | $1.3B | Reduce -16.9% |
| TMUS T-Mobile US Inc. | 0.19% | 5,387,857 | $1.3B | Add +37.3% |
| SPOT Spotify Technology SA | 0.18% | 1,823,428 | $1.3B | Add +39.5% |
| NOW ServiceNow Inc. | 0.18% | 1,371,071 | $1.3B | Add +25.4% |
| ANET Arista Networks Inc. | 0.18% | 8,653,338 | $1.3B | Reduce -7.2% |
| MRK Merck & Co. Inc. | 0.18% | 15,021,367 | $1.3B | Reduce -18.3% |
| TMO Thermo Fisher Scientific Inc. | 0.18% | 2,595,756 | $1.3B | Add +11.8% |
| AMGN Amgen Inc. | 0.18% | 4,446,530 | $1.3B | Add +5.1% |
| MCD McDonald's Corp. | 0.18% | 4,118,943 | $1.3B | Reduce -3.4% |
| LOW Lowe's Cos Inc. | 0.18% | 4,933,164 | $1.2B | Reduce -3.2% |
Options reported separately and not counted above: SPY puts ($10.3B), NVDA puts ($7.7B), QQQ puts ($7.0B), QQQ calls ($5.9B), HYG puts ($5.8B), SPY calls ($5.0B), TSLA puts ($4.6B), IWM puts ($4.0B), NVDA calls ($3.7B), AAPL calls ($2.3B), HYG calls ($1.9B), MSFT calls ($1.8B), and 1021 more.
Other holdings (145): bonds, preferreds, convertibles and warrants · $343.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 24,066,000 | $30.7M | Add +155.4% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 20,319,000 | $19.9M | Add +6269.6% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 10,680,000 | $19.6M | Reduce -79.0% |
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | 769,728 | $13.8M | Add +2321.1% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 7,440,000 | $11.3M | Add +49500.0% |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 907,583 | $10.6M | Add +2813.2% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 10,206,000 | $10.2M | Add +225.0% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 7,910,000 | $9.7M | Reduce -21.4% |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 3,709,487 | $9.1M | Reduce -38.9% |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 8,178,000 | $9.1M | Reduce -6.5% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 8,842,000 | $8.7M | Reduce -39.9% |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 4,532,000 | $8.6M | New |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 2,373,000 | $7.6M | New |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 8,250,000 | $7.6M | Reduce -31.3% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 7,621,000 | $7.5M | Add +108.0% |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 5,325,000 | $6.9M | New |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 5,000,000 | $6.4M | No change |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 5,049,000 | $6.3M | Add +1416.2% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 5,676,000 | $6.1M | Reduce -29.2% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | 4,700,000 | $5.6M | Add +88.0% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 5,227,000 | $5.6M | Reduce -75.1% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 5,363,000 | $5.5M | Add +22.9% |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 5,015,000 | $5.0M | New |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 4,900,000 | $5.0M | New |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 5,010,000 | $5.0M | Add +902.0% |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 4,450,000 | $4.4M | No change |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 63,433 | $4.3M | Add +74.0% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,280 | $4.0M | No change |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 3,975,000 | $4.0M | Reduce -57.7% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 4,069,000 | $3.8M | Reduce -47.5% |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 298,417 | $3.7M | Add +0.0% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 52,343 | $3.6M | Add +161.7% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 3,399,000 | $3.5M | Add +751.9% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 49,153 | $3.5M | New |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 84,936 | $3.3M | New |
| PORCH GROUP INC (PRCH 9 05/15/30) | DEBT 9.000% 5/1 · principal | 2,000,000 | $3.0M | New |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 3,000,000 | $3.0M | New |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 2,765,000 | $2.8M | New |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 2,500,000 | $2.2M | No change |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 2,148,000 | $2.2M | No change |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 2,000,000 | $2.1M | New |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 2,100,000 | $2.1M | New |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 1,185,000 | $2.1M | No change |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 41,647 | $2.1M | New |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 2,025,000 | $2.0M | Add +8000.0% |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 1,950,000 | $1.9M | No change |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | 93,555 | $1.9M | Reduce -0.5% |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 1,622,000 | $1.8M | New |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 811,000 | $1.7M | Reduce -77.5% |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 1,003,000 | $1.5M | New |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 1,450,000 | $1.4M | Reduce -42.0% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 1,548,000 | $1.4M | New |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 379,383 | $1.4M | No change |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 1,387,000 | $1.4M | Add +268.9% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,088 | $1.4M | No change |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 473,000 | $1.4M | New |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 410,000 | $1.3M | No change |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,088,000 | $1.2M | Add +32.5% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 1,246,000 | $1.2M | Add +38.0% |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 6,000,000 | $1.2M | Reduce -40.0% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 1,082,000 | $1.1M | New |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 810,000 | $1.1M | New |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 23,400 | $1.1M | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 580,000 | $976K | New |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 942,000 | $974K | No change |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 958,000 | $912K | Add +74.2% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 929,000 | $891K | New |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 730,000 | $810K | New |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 502,000 | $786K | New |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 750,000 | $785K | No change |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 105,864 | $782K | Reduce -4.4% |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 677,000 | $741K | New |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 9,485 | $522K | Reduce -97.9% |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 527,000 | $519K | No change |
| DYNAVAX TECHNOLOGIES CORP | DEBT 2.000% 3/1 · principal | 550,000 | $514K | New |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 550,000 | $501K | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 318,000 | $467K | New |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 423,000 | $451K | Reduce -92.2% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 8,360 | $438K | Reduce -65.7% |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 424,000 | $411K | No change |
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | 400,000 | $392K | New |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 345,000 | $357K | Reduce -89.4% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 234,000 | $324K | New |
| NE.WS Noble Corp. PLC-28 | *W EXP 02/04/202 | 16,891 | $293K | No change |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 256,000 | $243K | Reduce -43.9% |
| CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) | NOTE 0.625% 6/1 · principal | 154,000 | $147K | No change |
| NOBLE CORP PLC-28 | *W EXP 02/04/202 | 16,891 | $135K | No change |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 132,000 | $122K | New |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | 53,823 | $113K | No change |
| USA RARE EARTH INC | *W EXP 03/13/203 | 14,405 | $104K | New |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 66,000 | $104K | No change |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 156,400 | $99K | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 70,000 | $97K | Reduce -94.7% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 94,000 | $93K | No change |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 89,000 | $87K | No change |
| MDAIW Spectral AI -CW27 | *W EXP 09/11/202 | 123,629 | $86K | No change |
| FBYDW Falcon's Beyond Global-27 | *W EXP 10/06/202 | 50,000 | $84K | No change |
| AENTW Adara Acquisition Class A -CW26 | *W EXP 02/11/202 | 104,273 | $62K | No change |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 47,000 | $56K | New |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 50,000 | $49K | No change |
| ARQQW Arqit Quantum Inc. -CW26 | *W EXP 09/03/202 | 47,320 | $44K | Reduce -34.6% |
| ABVWF Above Food Ingredients- 29 | *W EXP 06/28/202 | 168,645 | $40K | No change |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 39,000 | $38K | No change |
| ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) | NOTE 4.000% 3/1 · principal | 32,000 | $32K | No change |
| RNWWW Renew Energy Global -CW26 | *W EXP 08/21/202 | 686,199 | $31K | No change |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 27,000 | $27K | No change |
| DRTSW Alpha Tau Medical Ltd. -27 | *W EXP 99/99/999 | 69,409 | $24K | No change |
| THE REALREAL INC (REAL 1 03/01/28) | NOTE 1.000% 3/0 · principal | 27,000 | $24K | No change |
| SHMDW Schmid Group NV -28 | *W EXP 04/30/202 | 75,239 | $21K | No change |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 18,000 | $20K | No change |
| CLSKW Cleanspark Inc.-29 | *W EXP 12/29/202 | 39,595 | $19K | No change |
| RDZNW Vahanna Tech Edge -CW24 | *W EXP 11/30/202 | 239,874 | $17K | No change |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 16,000 | $15K | Reduce -96.9% |
| BDMDW Baird Medical Investment -28 | *W EXP 10/01/202 | 220,004 | $14K | No change |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | 256,875 | $14K | No change |
| BSLKW Golden Arrow Merger A -CW26 | *W EXP 08/13/202 | 325,699 | $13K | Add +2.1% |
| DAVEW Dave Inc. -CW27 | *W EXP 01/05/202 | 11,707 | $13K | No change |
| SCAGW Scage Future -30 | *W EXP 05/15/203 | 225,000 | $11K | No change |
| PGYWW Pagaya Technologies Ltd. -27 | *W EXP 99/99/999 | 19,008 | $10K | No change |
| HUBCW Hub Cyber Security Ltd.-28 | *W EXP 02/27/202 | 461,458 | $9K | No change |
| AERTW Aeries Technology Inc. -CW23 | *W EXP 11/06/202 | 218,988 | $9K | No change |
| MSAIW Sportsmap Tech Acq -CW27 | *W EXP 12/19/202 | 201,766 | $8K | No change |
| EONR.WS HNR Acquisition Corp. -CW23 | *W EXP 11/15/202 | 148,700 | $7K | No change |
| CRPWF Carbon Revolution PLC | *W EXP 99/99/999 | 309,716 | $7K | No change |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 105,800 | $6K | No change |
| ICUCW LMF Acquisition Opp -A -CW26 | *W EXP 10/28/202 | 211,381 | $6K | No change |
| ZOOZW Zooz Strategy Ltd.-29 | *W EXP 04/02/202 | 32,247 | $6K | No change |
| BENFW Beneficient Co. Group -28 | *W EXP 06/07/202 | 379,725 | $5K | No change |
| PBMWW Psyence Biomedical Ltd. | *W EXP 01/22/202 | 200,117 | $5K | No change |
| COCHW Envoy Medical Inc.-CW27 | *W EXP 09/29/202 | 125,039 | $5K | No change |
| ABPWW Atlantic Coast Acq -CW23 | *W EXP 11/12/202 | 179,100 | $4K | No change |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | 273,919 | $4K | No change |
| SLXNW Biomotion Sciences-CW29 | *W EXP 08/15/202 | 116,639 | $4K | Add +2.7% |
| OPTXW Omnilit Acquisition Class A -23 | *W EXP 99/99/999 | 45,531 | $4K | No change |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 | 22,905 | $3K | No change |
| DAICW Cid Holdco Inc. -26 | *W EXP 12/31/202 | 19,730 | $3K | No change |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | 32,268 | $2K | No change |
| SDAWW Suncar Technology Group -28 | *W EXP 05/17/202 | 21,194 | $1K | No change |
| KITTW Cleantech Acquisition Corpcw | *W EXP 03/15/202 | 20,000 | $878 | No change |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 11,008 | $848 | No change |
| VSEEW Digital Health Acquist-CW23 | *W EXP 99/99/999 | 40,050 | $677 | No change |
| CPTWF Captivision Inc.-28 | *W EXP 11/15/202 | 14,935 | $597 | No change |
| LANWF Lanvin Group Holdings Ltd.-27 | *W EXP 01/14/202 | 27,331 | $514 | No change |
| ALURW Allurion Technologies-28 | *W EXP 08/01/203 | 15,312 | $413 | No change |
| APLMW Apollomics Inc.-27 | *W EXP 04/01/202 | 13,799 | $0 | No change |
Total filed on the 13F, all lines: $691.6B.
Portfolio Sells Q2 2025 → Q3 2025
| IWM iShares Russell 2000 ETF | Reduce -31.2% | 0.53% | −0.24 |
| ENB Enbridge Inc. | Reduce -75.3% | 0.07% | −0.23 |
| BNS Bank of Nova Scotia | Reduce -77.2% | 0.07% | −0.23 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.8% | 3.49% | −0.19 |
| IWF iShares Russell 1000 Growth | Reduce -23.8% | 0.49% | −0.16 |
| IWD iShares Russell 1000 Value E | Reduce -26.8% | 0.33% | −0.15 |
| MDT Medtronic PLC | Reduce -53.7% | 0.11% | −0.14 |
| ACN Accenture PLC Class A | Reduce -22.1% | 0.18% | −0.13 |
| FXI iShares China Large-Cap ETF | Reduce -89.3% | 0.01% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -8.1% | 0.61% | −0.11 |
| TD Toronto-Dominion Bank | Reduce -51.0% | 0.10% | −0.11 |
| ADBE Adobe Inc. | Reduce -24.6% | 0.15% | −0.09 |
| CRM Salesforce Inc. | Reduce -4.3% | 0.27% | −0.09 |
| EFA iShares MSCI Eafe ETF | Reduce -13.2% | 0.40% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -25.7% | 0.26% | −0.09 |
| KRE SS SPDR S&P Regional Bank | Reduce -44.1% | 0.10% | −0.09 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.09 |
| TXN Texas Instruments Inc. | Reduce -1.6% | 0.28% | −0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -30.8% | 0.11% | −0.08 |
| RY Royal Bank of Canada | Reduce -37.2% | 0.13% | −0.08 |
| GLD SPDR Gold Shares | Reduce -49.7% | 0.08% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -3.3% | 0.37% | −0.07 |
| ET Energy Transfer LP | Reduce -21.7% | 0.14% | −0.07 |
| IMO Imperial Oil Ltd. | Reduce -79.5% | 0.02% | −0.07 |
| CNQ Canadian Natural Resources | Reduce -35.3% | 0.09% | −0.06 |
| UPS United Parcel Service Class B | Reduce -36.7% | 0.05% | −0.06 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -79.6% | 0.01% | −0.06 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -23.1% | 0.08% | −0.06 |
| HON Honeywell International Inc. | Reduce -8.4% | 0.16% | −0.05 |
| SPGI S&P Global Inc. | Reduce -8.4% | 0.17% | −0.05 |
| NEE Nextera Energy Inc. | Reduce -19.0% | 0.20% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -18.3% | 0.18% | −0.05 |
| ABNB Airbnb Inc. Class A | Reduce -47.3% | 0.04% | −0.05 |
| LIN Linde PLC | Reduce -11.2% | 0.21% | −0.05 |
| NRG NRG Energy Inc. | Reduce -57.6% | 0.03% | −0.05 |
| CSCO Cisco Systems Inc. | Reduce -2.2% | 0.32% | −0.05 |
| FIS Fidelity National Info Serv | Reduce -20.5% | 0.07% | −0.05 |
| SU Suncor Energy Inc. | Reduce -46.0% | 0.06% | −0.05 |
| HPE Hewlett Packard Enterprise | Reduce -56.9% | 0.04% | −0.05 |
| AGG iShares Core U.S. Aggregate | Reduce -8.9% | 0.21% | −0.05 |
| SOXX iShares Semiconductor ETF | Reduce -38.4% | 0.08% | −0.05 |
| MCHP Microchip Technology Inc. | Reduce -31.7% | 0.06% | −0.05 |
| PBA Pembina Pipeline Corp. | Reduce -53.1% | 0.04% | −0.04 |
| LBRDK Liberty Broadband-C | Reduce -74.9% | 0.01% | −0.04 |
| DHR Danaher Corp. | Reduce -16.4% | 0.13% | −0.04 |
| ZTS Zoetis Inc. | Reduce -17.2% | 0.10% | −0.04 |
| TEM Tempus AI Inc. Class A | Reduce -94.7% | 0.00% | −0.04 |
| HES Hess Corp. | Sold out | 0.00% | −0.04 |
| XLE SS Energy Select Sector | Reduce -17.7% | 0.14% | −0.04 |
| COO The Cooper Cos Inc. | Reduce -86.8% | 0.01% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +6.2% | 3.56% | +0.54 |
| GOOGL Alphabet Inc. Class A | Add +9.6% | 1.81% | +0.47 |
| NVDA Nvidia Corp. | Add +5.0% | 4.54% | +0.45 |
| MSFT Microsoft Corp. | Add +16.8% | 4.09% | +0.33 |
| TRP TC Energy Corp. | Add +155.9% | 0.51% | +0.31 |
| IVV iShares Core S&P 500 ETF | Add +26.2% | 1.32% | +0.24 |
| APP AppLovin Corp. Class A | Add +63.1% | 0.33% | +0.22 |
| GOOG Alphabet Inc. Class C | Add +3.9% | 0.85% | +0.18 |
| ORCL Oracle Corp. | Add +20.8% | 0.61% | +0.17 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +303.9% | 0.22% | +0.16 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +682.8% | 0.18% | +0.15 |
| DIA SS SPDR Dow Jones Indus Avg | Add +182.2% | 0.22% | +0.14 |
| ETHA iShares Ethereum Trust ETF | Add +69.8% | 0.19% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +12.7% | 0.49% | +0.10 |
| APH Amphenol Corp. Class A | Add +52.3% | 0.22% | +0.09 |
| XBI SS SPDR S&P Biotech ETF | Add +25.6% | 0.33% | +0.09 |
| STX Seagate Technology Holdings | Add +112.9% | 0.13% | +0.09 |
| ABBV Abbvie Inc. | Add +10.1% | 0.45% | +0.08 |
| AMD Advanced Micro Devices | Add +44.5% | 0.24% | +0.08 |
| AMZN Amazon.com Inc. | Add +15.9% | 2.02% | +0.07 |
| BAC Bank of America Corp. | Add +24.1% | 0.40% | +0.07 |
| IBIT iShares Bitcoin Trust ETF | Add +32.6% | 0.32% | +0.07 |
| HOOD Robinhood Markets Inc. Class A | Add +135.8% | 0.09% | +0.06 |
| JNJ Johnson & Johnson | Add +8.0% | 0.35% | +0.05 |
| LRCX Lam Research Corp. | Add +0.0% | 0.27% | +0.05 |
| CRWV Coreweave Inc. Class A | Add +1914.7% | 0.05% | +0.05 |
| NEM Newmont Corp. | Add +84.2% | 0.08% | +0.05 |
| TJX TJX Companies Inc. | Add +25.9% | 0.20% | +0.05 |
| PEP Pepsico Inc. | Add +29.8% | 0.24% | +0.05 |
| MSTR Strategy Inc. | Add +164.2% | 0.10% | +0.05 |
| FETH Fidelity Ethereum Fund | Add +38.2% | 0.08% | +0.04 |
| LLY Eli Lilly & Co. | Add +21.0% | 0.73% | +0.04 |
| SHOP Shopify Inc. Class A | Add +7.2% | 0.21% | +0.04 |
| DB Deutsche Bank AG-Registered | Add +70.3% | 0.09% | +0.04 |
| INTC Intel Corp. | Add +25.9% | 0.10% | +0.04 |
| CDNS Cadence Design SYS Inc. | Add +34.3% | 0.15% | +0.04 |
| RCL Royal Caribbean Cruises Ltd. | Add +52.4% | 0.13% | +0.04 |
| XEL Xcel Energy Inc. | Add +46.7% | 0.11% | +0.04 |
| BNY Bank of New York Mellon Corp. | Add +44.3% | 0.11% | +0.04 |
| CVX Chevron Corp. | Add +24.1% | 0.22% | +0.04 |
| DD Dupont DE Nemours Inc. | Add +129.1% | 0.06% | +0.04 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +102.2% | 0.08% | +0.04 |
| WPM Wheaton Precious Metals Corp. | Add +56.3% | 0.08% | +0.04 |
| TMUS T-Mobile US Inc. | Add +37.3% | 0.19% | +0.04 |
| MA Mastercard Inc. Class A | Add +18.3% | 0.52% | +0.03 |
| TER Teradyne Inc. | Add +101.4% | 0.05% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +6.9% | 0.83% | +0.03 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +57.8% | 0.08% | +0.03 |
| BLK BlackRock Inc. | Add +17.1% | 0.22% | +0.03 |
| EQIX Equinix Inc. | Add +42.8% | 0.15% | +0.03 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -22.3% | 15,452,406 | $10.3B |
| NVDA Nvidia Corp. | put | Add +16.1% | 41,401,300 | $7.7B |
| QQQ Invesco QQQ Trust Series 1 | put | Add +105.7% | 11,636,400 | $7.0B |
| QQQ Invesco QQQ Trust Series 1 | call | Reduce -25.2% | 9,843,400 | $5.9B |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Reduce -7.8% | 71,040,700 | $5.8B |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -24.7% | 7,472,900 | $5.0B |
| TSLA Tesla Inc. | put | Reduce -20.5% | 10,443,800 | $4.6B |
| IWM iShares Russell 2000 ETF | put | Reduce -25.4% | 16,625,000 | $4.0B |
| NVDA Nvidia Corp. | call | Reduce -32.0% | 19,765,900 | $3.7B |
| AAPL Apple Inc. | call | Add +36.8% | 8,944,600 | $2.3B |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | call | Add +65.8% | 23,318,800 | $1.9B |
| MSFT Microsoft Corp. | call | Reduce -36.1% | 3,555,200 | $1.8B |
| IBIT iShares Bitcoin Trust ETF | put | Add +94.3% | 25,914,400 | $1.7B |
| TLT iShares 20+ Year Treasury BD | put | Add +16.1% | 17,581,500 | $1.6B |
| MSFT Microsoft Corp. | put | Add +50.8% | 2,986,800 | $1.5B |
| IWM iShares Russell 2000 ETF | call | Reduce -64.1% | 5,860,700 | $1.4B |
| AMZN Amazon.com Inc. | put | Add +18.4% | 5,639,800 | $1.2B |
| EEM iShares MSCI Emerging Market | call | Add +229.9% | 22,366,800 | $1.2B |
| EEM iShares MSCI Emerging Market | put | Add +121.8% | 20,975,000 | $1.1B |
| FXI iShares China Large-Cap ETF | put | Reduce -34.2% | 25,845,800 | $1.1B |
| AMZN Amazon.com Inc. | call | Reduce -11.8% | 4,832,600 | $1.1B |
| GLD SPDR Gold Shares | put | Add +50.9% | 2,615,800 | $929.8M |
| AAPL Apple Inc. | put | Reduce -60.1% | 3,602,700 | $917.4M |
| CSCO Cisco Systems Inc. | call | Reduce -4.5% | 13,216,300 | $904.3M |
| BABA Alibaba Group Holding-SP ADR | put | Add +15.7% | 4,957,400 | $886.0M |
| AMD Advanced Micro Devices | call | Add +0.5% | 5,460,100 | $883.4M |
| TLT iShares 20+ Year Treasury BD | call | Add +34.6% | 9,527,800 | $851.5M |
| AMD Advanced Micro Devices | put | Add +63.3% | 5,244,100 | $848.4M |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | put | Reduce -47.1% | 7,546,100 | $841.2M |
| GLD SPDR Gold Shares | call | Add +150.7% | 2,305,700 | $819.6M |
| AVGO Broadcom Inc. | put | Reduce -8.3% | 2,430,600 | $801.9M |
| BABA Alibaba Group Holding-SP ADR | call | Add +70.0% | 4,440,700 | $793.7M |
| MSTR Strategy Inc. | put | Add +127.2% | 2,191,900 | $706.3M |
| XLF SS Financial Select Sector | put | Reduce -11.9% | 13,099,600 | $705.7M |
| FXI iShares China Large-Cap ETF | call | Add +62.0% | 16,916,200 | $695.9M |
| EFA iShares MSCI Eafe ETF | call | Add +125.3% | 7,370,900 | $688.2M |
| EFA iShares MSCI Eafe ETF | put | Add +22.4% | 6,819,400 | $636.7M |
| LLY Eli Lilly & Co. | call | Add +287.8% | 829,600 | $633.0M |
| EWZ iShares MSCI Brazil ETF | put | Add +93.5% | 20,085,600 | $622.7M |
| GOOGL Alphabet Inc. Class A | call | Add +0.9% | 2,355,000 | $572.5M |
| META Meta Platforms Inc. Class A | put | Add +1.8% | 770,900 | $566.1M |
| GOOGL Alphabet Inc. Class A | put | Add +5.3% | 2,159,700 | $525.0M |
| TSLA Tesla Inc. | call | Reduce -57.2% | 1,110,000 | $493.6M |
| APP AppLovin Corp. Class A | call | New | 686,900 | $493.6M |
| BRK.B Berkshire Hathaway Inc. Class B | call | Reduce -1.1% | 979,200 | $492.3M |
| ETHA iShares Ethereum Trust ETF | put | New | 14,950,000 | $471.1M |
| CVNA Carvana Co. | put | New | 1,225,800 | $462.4M |
| IBIT iShares Bitcoin Trust ETF | call | Reduce -1.7% | 7,072,200 | $459.7M |
| BAC Bank of America Corp. | put | Add +26.2% | 8,808,200 | $454.4M |
| NFLX Netflix Inc. | call | Reduce -19.9% | 373,200 | $447.4M |
Showing the first 50 of 909.
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
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | Add +155.4% | 24,066,000 | $30.7M |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | Sold out | 27,795,000 | $27.6Mbefore exit |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Add +6269.6% | 20,319,000 | $19.9M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Reduce -79.0% | 10,680,000 | $19.6M |
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | Add +2321.1% | 769,728 | $13.8M |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | Sold out | 113,458 | $13.1Mbefore exit |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Add +49500.0% | 7,440,000 | $11.3M |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Add +2813.2% | 907,583 | $10.6M |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | Add +225.0% | 10,206,000 | $10.2M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | Reduce -21.4% | 7,910,000 | $9.7M |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Reduce -38.9% | 3,709,487 | $9.1M |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | Reduce -6.5% | 8,178,000 | $9.1M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Reduce -39.9% | 8,842,000 | $8.7M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | New | 4,532,000 | $8.6M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | New | 2,373,000 | $7.6M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Reduce -31.3% | 8,250,000 | $7.6M |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | Add +108.0% | 7,621,000 | $7.5M |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | New | 5,325,000 | $6.9M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Sold out | 6,862,000 | $6.8Mbefore exit |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Add +1416.2% | 5,049,000 | $6.3M |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Sold out | 6,320,000 | $6.1Mbefore exit |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Reduce -29.2% | 5,676,000 | $6.1M |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | Sold out | 5,635,000 | $5.7Mbefore exit |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | Add +88.0% | 4,700,000 | $5.6M |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | Reduce -75.1% | 5,227,000 | $5.6M |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Add +22.9% | 5,363,000 | $5.5M |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | New | 5,015,000 | $5.0M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | New | 4,900,000 | $5.0M |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | Add +902.0% | 5,010,000 | $5.0M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Sold out | 4,146,000 | $4.9Mbefore exit |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Add +74.0% | 63,433 | $4.3M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Reduce -57.7% | 3,975,000 | $4.0M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Reduce -47.5% | 4,069,000 | $3.8M |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | Add +0.0% | 298,417 | $3.7M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +161.7% | 52,343 | $3.6M |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Sold out | 4,116,000 | $3.5Mbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Add +751.9% | 3,399,000 | $3.5M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | New | 49,153 | $3.5M |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | New | 84,936 | $3.3M |
| PORCH GROUP INC (PRCH 9 05/15/30) | DEBT 9.000% 5/1 · principal | New | 2,000,000 | $3.0M |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | New | 3,000,000 | $3.0M |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | New | 2,765,000 | $2.8M |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | New | 2,000,000 | $2.1M |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | New | 2,100,000 | $2.1M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | New | 41,647 | $2.1M |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | Add +8000.0% | 2,025,000 | $2.0M |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | Reduce -0.5% | 93,555 | $1.9M |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | New | 1,622,000 | $1.8M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Reduce -77.5% | 811,000 | $1.7M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Sold out | 25,000 | $1.7Mbefore exit |
Showing the first 50 of 97.
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 | 5,453 | $952.9B | NVDA, AAPL, MSFT, SPY, GOOGL |
| Q1 2026 | 5,364 | $760.6B | NVDA, AAPL, SPY, MSFT, GOOGL |
| Q4 2025Amended | 5,195 | $702.6B | NVDA, AAPL, MSFT, SPY, GOOGL |
| Q3 2025 | 5,117 | $691.2B | NVDA, MSFT, AAPL, SPY, AMZN |
| Q2 2025 | 4,977 | $618.3B | NVDA, MSFT, SPY, AAPL, META |
| Q1 2025Amended | 4,927 | $527.2B | AAPL, SPY, MSFT, NVDA, AMZN |
| Q4 2024 | 4,869 | $521.4B | AAPL, NVDA, SPY, MSFT, AMZN |
| Q3 2024 | 4,663 | $523.1B | AAPL, SPY, MSFT, NVDA, AMZN |
| Q2 2024 | 4,545 | $511.3B | MSFT, AAPL, SPY, NVDA, AMZN |
| Q1 2024 | 4,548 | $474.7B | SPY, MSFT, AAPL, NVDA, IVV |