Groupama Asset Managment
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed December 1, 2025), Groupama Asset Managment reported 405 stock positions worth $6.7 billion. Its top holding was Microsoft (MSFT) at 8.3% of the portfolio, followed by Nvidia (NVDA, 6.7%) and Broadcom (AVGO, 6.0%). Compared with Q2 2025, it opened 94 new positions, sold out of 30, added to 115 and reduced 180. The biggest buy was a new position in RTX (RTX) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- PARIS, I0
- CIK
- 0001055969
- Portfolio Value
- $6.7B (Q3 2025)
- SEC Filing
- 0001752724-25-215030 ↗ filed Dec 1, 2025
Holdings Value
Holdings 405 stocks · $6.7B
| MSFT Microsoft Corp. | 8.30% | 1,074,521 | $556.5M | Reduce -1.3% |
| NVDA Nvidia Corp. | 6.73% | 2,418,729 | $451.3M | Add +1.1% |
| AVGO Broadcom Inc. | 5.97% | 1,212,390 | $400.0M | Reduce -0.3% |
| AAPL Apple Inc. | 4.86% | 1,279,533 | $325.8M | Add +6.5% |
| AEM Agnico Eagle Mines Ltd. | 3.83% | 1,522,678 | $256.7M | Add +2.7% |
| JPM JPMorgan Chase & Co. | 3.66% | 777,144 | $245.1M | Add +3.9% |
| AMZN Amazon.com Inc. | 3.39% | 1,033,825 | $227.0M | Add +2.9% |
| MU Micron Technology Inc. | 3.32% | 1,330,108 | $222.6M | Reduce -1.2% |
| GOOGL Alphabet Inc. Class A | 3.23% | 891,182 | $216.6M | Add +7.3% |
| MSI Motorola Solutions Inc. | 2.92% | 428,732 | $196.1M | Add +0.3% |
| META Meta Platforms Inc. Class A | 2.32% | 211,938 | $155.6M | Add +6.5% |
| RTX RTX Corp. | 2.24% | 896,899 | $150.1M | New |
| BSX Boston Scientific Corp. | 1.94% | 1,332,481 | $130.1M | Reduce -5.5% |
| PH Parker Hannifin Corp. | 1.88% | 166,089 | $125.9M | Add +9.8% |
| TMO Thermo Fisher Scientific Inc. | 1.77% | 245,016 | $118.8M | Add +58.9% |
| WMT Walmart Inc. | 1.68% | 1,091,369 | $112.5M | Add +4.8% |
| TECK Teck Resources Ltd.-CLS B | 1.34% | 2,031,735 | $89.6M | Reduce -6.0% |
| XPO Xpo Inc. | 1.26% | 655,805 | $84.8M | Reduce -1.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.19% | 552,307 | $79.8M | Add +12.0% |
| TMUS T-Mobile US Inc. | 1.17% | 326,318 | $78.1M | Reduce -10.0% |
| URI United Rentals Inc. | 1.11% | 77,612 | $74.1M | Reduce -2.1% |
| GEV GE Vernova Inc. | 1.09% | 119,019 | $73.2M | Add +9.6% |
| BKR Baker Hughes Co. | 1.05% | 1,446,425 | $70.5M | Reduce -14.8% |
| MRK Merck & Co. Inc. | 1.04% | 832,605 | $69.9M | Add +6.3% |
| LLY Eli Lilly & Co. | 1.02% | 89,223 | $68.1M | Reduce -14.7% |
| CYBR Cyberark Software Ltd./Israel | 1.01% | 139,893 | $67.6M | Reduce -21.1% |
| CME Cme Group Inc. | 0.95% | 236,660 | $63.9M | Add +3.9% |
| MET Metlife Inc. | 0.89% | 721,888 | $59.5M | Add +9.5% |
| PNC PNC Financial Services Group | 0.79% | 263,910 | $53.0M | Add +3.2% |
| ETR Entergy Corp. | 0.79% | 565,918 | $52.7M | Add +4.2% |
| TSLA Tesla Inc. | 0.78% | 117,308 | $52.2M | Reduce -19.5% |
| PG The Procter & Gamble Co. | 0.78% | 339,053 | $52.1M | Add +1.3% |
| PANW Palo Alto Networks Inc. | 0.77% | 253,955 | $51.7M | Reduce -32.6% |
| NEE Nextera Energy Inc. | 0.74% | 656,512 | $49.6M | Reduce -0.3% |
| MS Morgan Stanley | 0.73% | 309,042 | $49.1M | Add +9.5% |
| C Citigroup Inc. | 0.71% | 471,801 | $47.9M | Add +5.1% |
| SRE Sempra | 0.67% | 498,889 | $44.9M | Reduce -2.9% |
| HON Honeywell International Inc. | 0.63% | 202,124 | $42.5M | Add +10.9% |
| FNV Franco-Nevada Corp. | 0.62% | 185,601 | $41.4M | Reduce -32.6% |
| HAL Halliburton Co. | 0.59% | 1,619,865 | $39.8M | Add +3.0% |
| RACE Ferrari NV | 0.56% | 90,621 | $37.3M | Add +22.8% |
| ABBV Abbvie Inc. | 0.55% | 160,541 | $37.2M | Add +7.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.55% | 323,739 | $37.1M | Add +1.8% |
| IONS Ionis Pharmaceuticals Inc. | 0.55% | 561,777 | $36.8M | Reduce -15.0% |
| REGN Regeneron Pharmaceuticals | 0.53% | 62,701 | $35.3M | Reduce -7.6% |
| WELL Welltower Inc. | 0.49% | 183,268 | $32.6M | Add +2.3% |
| VLO Valero Energy Corp. | 0.44% | 173,650 | $29.6M | Add +10.7% |
| HUBS HubSpot Inc. | 0.44% | 62,664 | $29.3M | Add +2.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 57,621 | $29.0M | Add +14.2% |
| EQIX Equinix Inc. | 0.38% | 32,315 | $25.3M | Add +1.2% |
| V Visa Inc. Class A | 0.36% | 70,536 | $24.1M | Add +22.9% |
| KO The Coca-Cola Co. | 0.36% | 362,249 | $24.0M | Add +11.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.36% | 85,317 | $23.8M | Reduce -11.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.34% | 439,356 | $22.7M | Add +30.3% |
| AMT American Tower Corp. | 0.34% | 117,651 | $22.6M | Add +17.0% |
| UNH Unitedhealth Group Inc. | 0.33% | 64,882 | $22.4M | Add +3.5% |
| GOOG Alphabet Inc. Class C | 0.33% | 90,768 | $22.1M | Reduce -20.1% |
| CDNS Cadence Design SYS Inc. | 0.31% | 58,950 | $20.7M | Reduce -38.2% |
| SW Smurfit Westrock PLC | 0.30% | 644,001 | $20.1M | Add +5.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.29% | 564,695 | $19.4M | Add +0.6% |
| ISRG Intuitive Surgical Inc. | 0.29% | 42,786 | $19.1M | Reduce -35.0% |
| BNTX Biontech SE-ADR | 0.28% | 193,402 | $19.1M | Reduce -13.4% |
| WTS Watts Water Technologies-A | 0.28% | 66,740 | $18.6M | Reduce -33.1% |
| VRTX Vertex Pharmaceuticals Inc. | 0.25% | 43,381 | $17.0M | Reduce -29.2% |
| LRCX Lam Research Corp. | 0.24% | 118,579 | $15.9M | Add +22.9% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.22% | 32,082 | $14.6M | Reduce -33.7% |
| CB Chubb Ltd. | 0.22% | 51,216 | $14.5M | Reduce -3.2% |
| COST Costco Wholesale Corp. | 0.21% | 14,974 | $13.9M | Add +0.8% |
| HCA HCA Healthcare Inc. | 0.19% | 30,310 | $12.9M | Reduce -50.0% |
| ORCL Oracle Corp. | 0.19% | 45,487 | $12.8M | Reduce -15.7% |
| MDGL Madrigal Pharmaceuticals Inc. | 0.19% | 27,444 | $12.6M | Reduce -32.9% |
| NTRA Natera Inc. | 0.19% | 77,184 | $12.4M | Reduce -25.9% |
| NOW ServiceNow Inc. | 0.18% | 13,467 | $12.4M | Reduce -14.8% |
| AGI Alamos Gold Inc. Class A | 0.16% | 316,870 | $11.0M | Add +13.8% |
| SCI Service Corp. International | 0.16% | 131,413 | $10.9M | Add +6.1% |
| WFC Wells Fargo & Co. | 0.16% | 127,267 | $10.7M | Reduce -22.2% |
| T AT&T Inc. | 0.16% | 375,548 | $10.6M | Add +35.1% |
| ECL Ecolab Inc. | 0.15% | 36,829 | $10.1M | Add +17.3% |
| LIN Linde PLC | 0.15% | 20,927 | $9.9M | Reduce -33.3% |
| CRH CRH PLC | 0.14% | 104,646 | $9.3M | Reduce -3.1% |
| CRM Salesforce Inc. | 0.14% | 38,574 | $9.1M | Reduce -18.2% |
| CSCO Cisco Systems Inc. | 0.13% | 131,234 | $9.0M | Reduce -25.6% |
| DHR Danaher Corp. | 0.13% | 44,434 | $8.8M | Add +2.2% |
| MA Mastercard Inc. Class A | 0.13% | 15,419 | $8.8M | Add +7.7% |
| WBS Webster Financial Corp. | 0.13% | 142,272 | $8.5M | Reduce -0.5% |
| ROP Roper Technologies Inc. | 0.13% | 16,890 | $8.4M | Reduce -3.9% |
| ABT Abbott Laboratories | 0.12% | 59,338 | $7.9M | Reduce -4.4% |
| CAT Caterpillar Inc. | 0.12% | 16,185 | $7.7M | Reduce -11.8% |
| HD Home Depot Inc. | 0.11% | 18,918 | $7.7M | Reduce -13.1% |
| NFLX Netflix Inc. | 0.11% | 6,117 | $7.3M | Add +2.5% |
| JNJ Johnson & Johnson | 0.10% | 36,719 | $6.8M | Reduce -6.4% |
| SPGI S&P Global Inc. | 0.10% | 13,834 | $6.7M | Reduce -21.5% |
| ADBE Adobe Inc. | 0.09% | 17,842 | $6.3M | Reduce -7.8% |
| UNP Union Pacific Corp. | 0.09% | 26,382 | $6.2M | Reduce -23.2% |
| INCY Incyte Corp. | 0.09% | 73,075 | $6.2M | Add +1.4% |
| NDAQ Nasdaq Inc. | 0.09% | 67,319 | $6.0M | Reduce -32.8% |
| HEI Heico Corp. | 0.09% | 18,139 | $5.9M | Add +24.0% |
| GILD Gilead Sciences Inc. | 0.09% | 52,281 | $5.8M | Add +47.5% |
| AMD Advanced Micro Devices | 0.09% | 35,381 | $5.7M | Reduce -7.6% |
| KLAC KLA Corp. | 0.09% | 5,286 | $5.7M | Reduce -17.6% |
Options reported separately and not counted above: COIN puts ($431K), TECK calls ($183K), PANW calls ($101K).
Other holdings (60): bonds, preferreds, convertibles and warrants · $118.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RACE Ferrari NV | COM · principal | 16,900,000 | $16.6M | Add +5.6% |
| QGEN Qiagen N.V. | COM SHS · principal | 15,000,000 | $15.3M | No change |
| COIN Coinbase Global Inc. Class A | COM CL A · principal | 6,550,000 | $7.3M | Add +37.9% |
| MSFT Microsoft Corp. | COM · principal | 5,000,000 | $5.7M | No change |
| ZS Zscaler Inc. | COM · principal | 4,750,000 | $4.7M | New |
| DDOG Datadog Inc. Class A | CL A COM · principal | 4,567,000 | $4.6M | Reduce -30.8% |
| BILL Bill Holdings Inc. | COM · principal | 4,450,000 | $4.1M | No change |
| ALNY Alnylam Pharmaceuticals Inc. | COM · principal | 4,000,000 | $4.0M | Add +166.7% |
| DXCM Dexcom Inc. | COM · principal | 4,000,000 | $3.7M | No change |
| WELL Welltower Inc. | COM · principal | 1,900,000 | $2.8M | No change |
| PCG P G & E Corp. | COM · principal | 1,867,850 | $2.6M | No change |
| NET Cloudflare Inc. Class A | CL A COM · principal | 2,100,000 | $2.4M | Add +82.6% |
| LYV Live Nation Entertainment Inc. | COM · principal | 2,000,000 | $2.2M | No change |
| CYBR Cyberark Software Ltd./Israel | SHS · principal | 2,000,000 | $2.2M | Reduce -50.0% |
| BTG B2GOLD Corp. | COM · principal | 1,000,000 | $1.7M | Add +100.0% |
| HALO Halozyme Therapeutics Inc. | COM · principal | 1,200,000 | $1.7M | No change |
| NEE Nextera Energy Inc. | COM · principal | 1,350,000 | $1.6M | No change |
| SNOW Snowflake Inc. | COM SHS · principal | 1,000,000 | $1.6M | No change |
| F Ford Motor Co. | COM · principal | 1,550,000 | $1.6M | No change |
| AXON Axon Enterprise Inc. | COM · principal | 500,000 | $1.6M | No change |
| AWK American Water Works Co. Inc. | COM · principal | 1,500,000 | $1.5M | No change |
| DASH DoorDash Inc. Class A | CL A · principal | 1,300,000 | $1.5M | Add +85.7% |
| LITE Lumentum Holdings Inc. | COM · principal | 600,000 | $1.5M | No change |
| RIVN Rivian Automotive Inc. Class A | COM CL A · principal | 1,500,000 | $1.4M | No change |
| VRNS Varonis Systems Inc. | COM · principal | 1,250,000 | $1.4M | No change |
| LYFT LYFT Inc. Class A | CL A COM · principal | 1,000,000 | $1.3M | No change |
| AVAV Aerovironment Inc. | COM · principal | 1,000,000 | $1.2M | New |
| EXAS Exact Sciences Corp. | COM · principal | 1,200,000 | $1.1M | No change |
| MTH Meritage Homes Corp. | COM · principal | 1,000,000 | $1.0M | No change |
| RBRK Rubrik Inc. Class A | CL A · principal | 1,000,000 | $1.0M | No change |
| NTNX Nutanix Inc. Class A | CL A · principal | 700,000 | $999K | No change |
| GWRE Guidewire Software Inc. | COM · principal | 850,000 | $999K | No change |
| MIR Mirion Technologies Inc. | COM CL A · principal | 800,000 | $991K | No change |
| MP MP Materials Corp. | COM CL A · principal | 300,000 | $958K | Reduce -50.0% |
| TTEK Tetra Tech Inc. | COM · principal | 750,000 | $815K | No change |
| VTR Ventas Inc. | COM · principal | 550,000 | $702K | No change |
| IONS Ionis Pharmaceuticals Inc. | COM · principal | 500,000 | $685K | No change |
| PSN Parsons Corp. | COM · principal | 600,000 | $682K | Reduce -73.9% |
| UPWK Upwork Inc. | COM · principal | 700,000 | $679K | No change |
| GH Guardant Health Inc. | COM · principal | 500,000 | $648K | No change |
| DBX Dropbox Inc. Class A | CL A · principal | 600,000 | $620K | No change |
| ORA Ormat Technologies Inc. | COM · principal | 500,000 | $606K | No change |
| W Wayfair Inc. Class A | CL A · principal | 400,000 | $602K | Reduce -60.0% |
| IMCR Immunocore Holdings PLC-ADR | ADS · principal | 600,000 | $543K | No change |
| ASND Ascendis Pharma A/S | SPONSORED ADR · principal | 400,000 | $535K | No change |
| SYNA Synaptics Inc. | COM · principal | 500,000 | $498K | No change |
| WK Workiva Inc. | COM CL A · principal | 500,000 | $494K | No change |
| ON On Semiconductor | COM · principal | 500,000 | $464K | No change |
| UPST Upstart Holdings Inc. | COM · principal | 500,000 | $461K | New |
| MMSI Merit Medical Systems Inc. | COM · principal | 400,000 | $461K | No change |
| CYTK Cytokinetics Inc. | COM NEW · principal | 350,000 | $460K | No change |
| WIX Wix.com Ltd. | SHS · principal | 400,000 | $442K | Reduce -55.6% |
| CORZ Core Scientific Inc. | COM · principal | 400,000 | $438K | No change |
| LNTH Lantheus Holdings Inc. | COM · principal | 400,000 | $423K | No change |
| RGEN Repligen Corp. | COM · principal | 400,000 | $405K | No change |
| MARA Mara Holdings Inc. | COM · principal | 400,000 | $401K | No change |
| ENPH Enphase Energy Inc. | COM · principal | 400,000 | $348K | No change |
| FOUR SHIFT4 Payments Inc. Class A | CL A · principal | 300,000 | $297K | No change |
| NVMI Nova Ltd. | COM · principal | 250,000 | $295K | New |
| AFRM Affirm Holdings Inc. | COM CL A · principal | 250,000 | $272K | No change |
Total filed on the 13F, all lines: $6.8B.
Portfolio Sells Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | Reduce -1.3% | 8.30% | −0.80 |
| BSX Boston Scientific Corp. | Reduce -5.5% | 1.94% | −0.59 |
| PANW Palo Alto Networks Inc. | Reduce -32.6% | 0.77% | −0.50 |
| LLY Eli Lilly & Co. | Reduce -14.7% | 1.02% | −0.35 |
| ISRG Intuitive Surgical Inc. | Reduce -35.0% | 0.29% | −0.31 |
| TMUS T-Mobile US Inc. | Reduce -10.0% | 1.17% | −0.27 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -29.2% | 0.25% | −0.20 |
| HCA HCA Healthcare Inc. | Reduce -50.0% | 0.19% | −0.20 |
| CDNS Cadence Design SYS Inc. | Reduce -38.2% | 0.31% | −0.18 |
| CYBR Cyberark Software Ltd./Israel | Reduce -21.1% | 1.01% | −0.18 |
| XPO Xpo Inc. | Reduce -1.9% | 1.26% | −0.17 |
| TECK Teck Resources Ltd.-CLS B | Reduce -6.0% | 1.34% | −0.15 |
| WTS Watts Water Technologies-A | Reduce -33.1% | 0.28% | −0.14 |
| FNV Franco-Nevada Corp. | Reduce -32.6% | 0.62% | −0.13 |
| WCN Waste Connections Inc. | Sold out | 0.00% | −0.12 |
| BNTX Biontech SE-ADR | Reduce -13.4% | 0.28% | −0.12 |
| NTRA Natera Inc. | Reduce -25.9% | 0.19% | −0.11 |
| LIN Linde PLC | Reduce -33.3% | 0.15% | −0.10 |
| NOW ServiceNow Inc. | Reduce -14.8% | 0.18% | −0.09 |
| CRM Salesforce Inc. | Reduce -18.2% | 0.14% | −0.08 |
| AME Ametek Inc. | Reduce -53.5% | 0.05% | −0.07 |
| REGN Regeneron Pharmaceuticals | Reduce -7.6% | 0.53% | −0.07 |
| CSCO Cisco Systems Inc. | Reduce -25.6% | 0.13% | −0.07 |
| DRI Darden Restaurants Inc. | Reduce -70.5% | 0.02% | −0.07 |
| CMG Chipotle Mexican Grill Inc. | Reduce -80.4% | 0.01% | −0.06 |
| CEG Constellation Energy | Reduce -53.2% | 0.05% | −0.06 |
| NDAQ Nasdaq Inc. | Reduce -32.8% | 0.09% | −0.06 |
| WFC Wells Fargo & Co. | Reduce -22.2% | 0.16% | −0.06 |
| STLD Steel Dynamics Inc. | Reduce -70.5% | 0.02% | −0.05 |
| SPGI S&P Global Inc. | Reduce -21.5% | 0.10% | −0.05 |
| ORLA Orla Mining Ltd. | Reduce -42.5% | 0.07% | −0.05 |
| NEE Nextera Energy Inc. | Reduce -0.3% | 0.74% | −0.05 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -33.7% | 0.22% | −0.05 |
| HES Hess Corp. | Sold out | 0.00% | −0.04 |
| ROP Roper Technologies Inc. | Reduce -3.9% | 0.13% | −0.04 |
| UNP Union Pacific Corp. | Reduce -23.2% | 0.09% | −0.04 |
| SSNC Ss&c Technologies Holdings | Reduce -70.5% | 0.02% | −0.04 |
| VMC Vulcan Materials Co. | Reduce -77.4% | 0.01% | −0.04 |
| QCOM Qualcomm Inc. | Reduce -49.0% | 0.04% | −0.04 |
| BKR Baker Hughes Co. | Reduce -14.8% | 1.05% | −0.04 |
| KEYS Keysight Technologies Inc. | Reduce -70.5% | 0.01% | −0.04 |
| CB Chubb Ltd. | Reduce -3.2% | 0.22% | −0.04 |
| YUM Yum! Brands Inc. | Sold out | 0.00% | −0.04 |
| PRU Prudential Financial Inc. | Reduce -82.3% | 0.01% | −0.04 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.04 |
| FISV Fiserv Inc. | Reduce -62.9% | 0.01% | −0.04 |
| NKE Nike Inc. Class B | Reduce -72.6% | 0.01% | −0.04 |
| WM Waste Management Inc. | Reduce -74.7% | 0.01% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -47.6% | 0.03% | −0.03 |
| ATO Atmos Energy Corp. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| RTX RTX Corp. | New | 2.24% | +2.24 |
| AEM Agnico Eagle Mines Ltd. | Add +2.7% | 3.83% | +0.92 |
| AAPL Apple Inc. | Add +6.5% | 4.86% | +0.79 |
| GOOGL Alphabet Inc. Class A | Add +7.3% | 3.23% | +0.73 |
| TMO Thermo Fisher Scientific Inc. | Add +58.9% | 1.77% | +0.71 |
| NVDA Nvidia Corp. | Add +1.1% | 6.73% | +0.37 |
| TJX TJX Companies Inc. | Add +12.0% | 1.19% | +0.16 |
| GEV GE Vernova Inc. | Add +9.6% | 1.09% | +0.14 |
| ABBV Abbvie Inc. | Add +7.3% | 0.55% | +0.09 |
| PH Parker Hannifin Corp. | Add +9.8% | 1.88% | +0.09 |
| VLO Valero Energy Corp. | Add +10.7% | 0.44% | +0.08 |
| LRCX Lam Research Corp. | Add +22.9% | 0.24% | +0.08 |
| C Citigroup Inc. | Add +5.1% | 0.71% | +0.08 |
| BAC Bank of America Corp. | Add +30.3% | 0.34% | +0.07 |
| WPM Wheaton Precious Metals Corp. | New | 0.07% | +0.07 |
| MS Morgan Stanley | Add +9.5% | 0.73% | +0.06 |
| CP Canadian Pacific Kansas City | New | 0.06% | +0.06 |
| HAL Halliburton Co. | Add +3.0% | 0.59% | +0.05 |
| PWR Quanta Services Inc. | New | 0.05% | +0.05 |
| AGI Alamos Gold Inc. Class A | Add +13.8% | 0.16% | +0.04 |
| ED Consolidated Edison Inc. | New | 0.04% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +3.9% | 3.66% | +0.03 |
| RACE Ferrari NV | Add +22.8% | 0.56% | +0.03 |
| ETR Entergy Corp. | Add +4.2% | 0.79% | +0.03 |
| MDT Medtronic PLC | Add +62.9% | 0.08% | +0.03 |
| GE General Electric | Add +56.0% | 0.08% | +0.03 |
| APH Amphenol Corp. Class A | Add +112.5% | 0.05% | +0.03 |
| WELL Welltower Inc. | Add +2.3% | 0.49% | +0.03 |
| CL Colgate-Palmolive Co. | Add +469.9% | 0.03% | +0.03 |
| PFG Principal Financial Group | New | 0.03% | +0.03 |
| T AT&T Inc. | Add +35.1% | 0.16% | +0.03 |
| FRT Federal Realty Invs Trust | New | 0.03% | +0.03 |
| CBRE CBRE Group Inc. Class A | Add +306.2% | 0.03% | +0.03 |
| L Loews Corp. | New | 0.03% | +0.03 |
| FTNT Fortinet Inc. | New | 0.02% | +0.02 |
| TRGP Targa Resources Corp. | Add +755.2% | 0.03% | +0.02 |
| LOW Lowe's Cos Inc. | New | 0.02% | +0.02 |
| TRV The Travelers Cos Inc. | New | 0.02% | +0.02 |
| VRSN Verisign Inc. | New | 0.02% | +0.02 |
| FAST Fastenal Co. | New | 0.02% | +0.02 |
| V Visa Inc. Class A | Add +22.9% | 0.36% | +0.02 |
| GILD Gilead Sciences Inc. | Add +47.5% | 0.09% | +0.02 |
| IPG Interpublic Group of Cos Inc. | New | 0.02% | +0.02 |
| VICI Vici Properties Inc. | New | 0.02% | +0.02 |
| EW Edwards Lifesciences Corp. | New | 0.02% | +0.02 |
| HST Host Hotels & Resorts Inc. | New | 0.02% | +0.02 |
| CTVA Corteva Inc. | New | 0.02% | +0.02 |
| ORLY O'reilly Automotive Inc. | New | 0.02% | +0.02 |
| CCI Crown Castle Inc. | New | 0.02% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +14.2% | 0.43% | +0.02 |
Options Activity Q2 2025 → Q3 2025
| ZS Zscaler Inc. | call | Sold out | 4,000 | $252Kbefore exit |
| CYBR Cyberark Software Ltd./Israel | call | Sold out | 2,400 | $122Kbefore exit |
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
| RACE Ferrari NV | COM · principal | Add +5.6% | 16,900,000 | $16.6M |
| COIN Coinbase Global Inc. Class A | COM CL A · principal | Add +37.9% | 6,550,000 | $7.3M |
| ZS Zscaler Inc. | COM · principal | New | 4,750,000 | $4.7M |
| DDOG Datadog Inc. Class A | CL A COM · principal | Reduce -30.8% | 4,567,000 | $4.6M |
| ALNY Alnylam Pharmaceuticals Inc. | COM · principal | Add +166.7% | 4,000,000 | $4.0M |
| NET Cloudflare Inc. Class A | CL A COM · principal | Add +82.6% | 2,100,000 | $2.4M |
| CYBR Cyberark Software Ltd./Israel | SHS · principal | Reduce -50.0% | 2,000,000 | $2.2M |
| NICE Nice Ltd. - Spon ADR | SPONSORED ADR · principal | Sold out | 2,000,000 | $2.0Mbefore exit |
| BTG B2GOLD Corp. | COM · principal | Add +100.0% | 1,000,000 | $1.7M |
| DASH DoorDash Inc. Class A | CL A · principal | Add +85.7% | 1,300,000 | $1.5M |
| AVAV Aerovironment Inc. | COM · principal | New | 1,000,000 | $1.2M |
| SNAP Snap Inc. Class A | CL A · principal | Sold out | 1,200,000 | $1.1Mbefore exit |
| MP MP Materials Corp. | COM CL A · principal | Reduce -50.0% | 300,000 | $958K |
| PSN Parsons Corp. | COM · principal | Reduce -73.9% | 600,000 | $682K |
| W Wayfair Inc. Class A | CL A · principal | Reduce -60.0% | 400,000 | $602K |
| TDOC Teladoc Health Inc. | COM · principal | Sold out | 600,000 | $554Kbefore exit |
| UPST Upstart Holdings Inc. | COM · principal | New | 500,000 | $461K |
| WIX Wix.com Ltd. | SHS · principal | Reduce -55.6% | 400,000 | $442K |
| NVMI Nova Ltd. | COM · principal | New | 250,000 | $295K |
| HAE Haemonetics Corp. | COM · principal | Sold out | 250,000 | $249Kbefore exit |
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 | 372 | $7.9B | NVDA, MU, GOOGL, MSFT, AVGO |
| Q1 2026 | 366 | $6.8B | NVDA, MSFT, AAPL, GOOGL, AVGO |
| Q4 2025 | 396 | $6.8B | MSFT, NVDA, AAPL, GOOGL, AVGO |
| Q3 2025 | 405 | $6.7B | MSFT, NVDA, AVGO, AAPL, AEM |
| Q2 2025 | 341 | $5.9B | MSFT, NVDA, AVGO, AAPL, AMZN |
| Q1 2025 | 346 | $4.9B | MSFT, NVDA, AAPL, AMZN, JPM |
| Q4 2024 | 353 | $4.8B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q3 2024 | 412 | $3.8B | MSFT, NVDA, AAPL, AVGO, GOOGL |
| Q2 2024 | 396 | $7.3B | TM, MUFG, MSFT, SONY, SMFG |
| Q1 2024 | 457 | $5.5B | MSFT, ASML, NVDA, AAPL, NVO |