Groupe la Francaise

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 21, 2026), Groupe la Francaise reported 416 stock positions worth $7.1 billion. Its top holding was Totalenergies (TTE) at 9.6% of the portfolio, followed by Nvidia (NVDA, 6.1%) and Microsoft (MSFT, 4.9%). Compared with Q4 2025, it opened 66 new positions, sold out of 69, added to 183 and reduced 122. The biggest buy was Totalenergies (TTE, shares +9%) and the biggest sale Ferrari (RACE, shares −44%).

Most Recent 13F
Q2 2026
Location
PARIS, I0
CIK
0002056088
Portfolio Value
$7.1B (Q1 2026)
SEC Filing
0002056088-26-000001 ↗ filed May 21, 2026

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q4 2024: $4.0B Q4 2024 Q1 2025: $4.7B Q1 2025 Q2 2025: $6.1B Q2 2025 Q3 2025: $7.3B Q3 2025 Q4 2025: $6.8B Q4 2025 Q1 2026: $7.1B $7.1B Q1 2026 Q2 2026: $8.1B Q2 2026

Holdings 416 stocks · $7.1B

TTE Totalenergies SE 9.57% 7,617,900 $683.2M Add +8.9%
NVDA Nvidia Corp. 6.10% 2,511,717 $435.4M Add +8.5%
MSFT Microsoft Corp. 4.91% 954,895 $350.6M Add +3.3%
AAPL Apple Inc. 3.98% 1,126,001 $283.9M Add +14.5%
AMZN Amazon.com Inc. 3.30% 1,143,029 $235.7M Reduce -3.3%
GOOGL Alphabet Inc. Class A 2.96% 742,821 $211.4M Add +15.7%
AVGO Broadcom Inc. 2.86% 663,725 $204.1M Add +15.9%
AZN Astrazeneca PLC 2.67% 984,608 $190.8M New
JPM JPMorgan Chase & Co. 1.93% 473,115 $137.9M Add +1.6%
GIB Cgi Inc. 1.74% 1,707,906 $124.5M Reduce -0.2%
V Visa Inc. Class A 1.71% 406,784 $122.2M Reduce -3.6%
LLY Eli Lilly & Co. 1.70% 132,176 $121.0M Reduce -2.6%
GOOG Alphabet Inc. Class C 1.67% 415,468 $118.9M Add +2.0%
META Meta Platforms Inc. Class A 1.57% 197,498 $112.4M Add +2.0%
RACE Ferrari NV 1.57% 355,097 $111.8M Reduce -44.0%
ETN Eaton Corp. PLC 1.41% 283,985 $100.5M Add +8.6%
TSM Taiwan Semiconductor-SP ADR 1.21% 255,969 $86.3M Reduce -11.5%
GE General Electric filed as GE AEROSPACE 1.12% 282,781 $80.2M Add +18.0%
WMT Walmart Inc. 1.09% 631,985 $77.9M Reduce -12.0%
KO The Coca-Cola Co. 0.95% 900,621 $67.5M Reduce -4.1%
CRH CRH PLC 0.93% 671,361 $66.2M Reduce -39.7%
GEV GE Vernova Inc. 0.89% 73,030 $63.7M Add +30.1%
LIN Linde PLC 0.85% 123,437 $60.5M Add +16.5%
TMUS T-Mobile US Inc. 0.84% 286,246 $60.1M Add +25.1%
NFLX Netflix Inc. 0.83% 621,225 $58.9M Reduce -34.7%
ISRG Intuitive Surgical Inc. 0.79% 123,220 $56.3M Reduce -30.6%
TMO Thermo Fisher Scientific Inc. 0.77% 113,485 $55.3M Reduce -4.8%
AEM Agnico Eagle Mines Ltd. 0.74% 261,835 $53.0M Add +47.6%
AMAT Applied Materials Inc. 0.74% 154,898 $52.8M Add +339.9%
PWR Quanta Services Inc. 0.71% 92,919 $51.0M Add +27.9%
MA Mastercard Inc. Class A 0.70% 100,191 $50.0M Reduce -0.1%
NEM Newmont Corp. 0.68% 448,860 $48.4M Add +51.9%
GS Goldman Sachs Group Inc. 0.65% 55,076 $46.6M Add +15.6%
NOW ServiceNow Inc. 0.64% 438,805 $45.8M Add +13.6%
AXP American Express Co. 0.64% 151,263 $45.4M Reduce -3.6%
COST Costco Wholesale Corp. 0.62% 44,997 $44.6M Reduce -0.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.59% 866,166 $42.1M Reduce -11.7%
ABBV Abbvie Inc. 0.59% 193,380 $42.1M Add +60.7%
LRCX Lam Research Corp. 0.58% 194,794 $41.6M Add +215.3%
PANW Palo Alto Networks Inc. 0.56% 256,415 $40.0M Add +24.8%
CAT Caterpillar Inc. 0.54% 54,220 $38.3M Add +64.1%
FNV Franco-Nevada Corp. 0.54% 155,000 $38.3M Add +98.7%
B Barrick Mining Corp. 0.52% 913,511 $37.1M Add +40.0%
BKNG Booking Holdings Inc. 0.52% 15,460 $37.1M Add +25.0%
PH Parker Hannifin Corp. 0.52% 41,341 $37.0M Add +136.9%
WPM Wheaton Precious Metals Corp. 0.51% 278,025 $36.4M Add +79.4%
EMR Emerson Electric Co. 0.51% 277,003 $36.3M Add +148.3%
AMD Advanced Micro Devices 0.50% 174,117 $35.4M Add +31.4%
HWM Howmet Aerospace Inc. 0.48% 149,670 $34.5M Add +50.9%
APH Amphenol Corp. Class A 0.46% 259,200 $32.8M Add +81.5%
ADI Analog Devices Inc. 0.45% 102,054 $32.5M Add +175.0%
KLAC KLA Corp. 0.44% 21,351 $31.4M Add +58.0%
UBER Uber Technologies Inc. 0.43% 429,529 $30.7M Add +5.0%
STLA Stellantis NV 0.43% 4,387,833 $30.5M Reduce -50.1%
KGC Kinross Gold Corp. 0.43% 1,000,000 $30.5M Add +48.1%
EQX Equinox Gold Corp. 0.40% 2,000,000 $28.8M Add +110.5%
NEE Nextera Energy Inc. 0.40% 311,219 $28.7M Add +5444.6%
AME Ametek Inc. 0.40% 133,546 $28.6M New
MELI MercadoLibre Inc. 0.39% 16,305 $28.1M Add +5.0%
GFI Gold Fields Ltd.-Spons ADR 0.36% 572,000 $25.9M Add +39.5%
AU Anglogold Ashanti PLC 0.36% 264,855 $25.7M Add +39.4%
BLK BlackRock Inc. 0.36% 27,343 $25.5M Reduce -29.4%
GM General Motors Co. 0.35% 334,381 $24.8M Add +20.4%
RL Ralph Lauren Corp. 0.34% 71,113 $24.4M Reduce -13.0%
AGI Alamos Gold Inc. Class A 0.31% 500,000 $22.2M Add +42.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.31% 137,280 $21.9M Add +7.0%
BSX Boston Scientific Corp. 0.31% 346,901 $21.9M Reduce -34.0%
MU Micron Technology Inc. 0.30% 63,174 $21.5M Add +127.3%
WFC Wells Fargo & Co. 0.30% 268,015 $21.3M No change
ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW 0.28% 1,260,000 $20.2M Add +80.0%
CB Chubb Ltd. 0.27% 59,478 $19.4M Reduce -36.4%
HOLX Hologic Inc. 0.27% 255,921 $19.3M Add +122.7%
PAAS Pan American Silver Corp. 0.26% 340,000 $18.5M Add +63.9%
ROST Ross Stores Inc. 0.25% 83,409 $18.0M New
ACLX Arcellx Inc. 0.24% 151,046 $17.3M New
ANET Arista Networks Inc. 0.24% 139,335 $17.1M Add +10.2%
JCI Johnson Controls Internation 0.23% 125,578 $16.4M Add +10.4%
MSI Motorola Solutions Inc. 0.23% 38,014 $16.4M Reduce -4.9%
DB Deutsche Bank AG-Registered 0.23% 569,129 $16.4M Reduce -55.9%
TXN Texas Instruments Inc. 0.23% 83,906 $16.3M Reduce -7.2%
CSGS CSG Systems Intl Inc. 0.22% 199,677 $16.0M Add +139.1%
GRAB Grab Holdings Ltd. Class A 0.21% 4,186,842 $15.3M Add +755.9%
CGAU Centerra Gold Inc. 0.21% 860,000 $15.2M Add +50.9%
CUK Carnival PLC-ADR 0.21% 585,298 $15.1M Add +65.4%
MCD McDonald's Corp. 0.21% 50,543 $14.8M Reduce -8.5%
SSRM SSR Mining Inc. 0.20% 480,000 $14.1M Add +77.8%
FOLD Amicus Therapeutics Inc. 0.19% 939,655 $13.6M Add +301.2%
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 0.19% 208,650 $13.5M Add +95.9%
SKE Skeena Resources Ltd. 0.19% 450,000 $13.4M Add +38.5%
EA Electronic Arts Inc. 0.19% 65,396 $13.3M Add +80.5%
RSG Republic Services Inc. 0.19% 60,883 $13.3M Reduce -39.3%
TXNM TXNM Energy Inc. 0.18% 311,832 $13.2M Add +161.2%
WELL Welltower Inc. 0.18% 66,226 $13.1M Reduce -38.6%
OS Onestream Inc. 0.17% 509,500 $12.2M New
GTLS Chart Industries Inc. 0.17% 57,289 $11.8M Add +132.2%
WBD Warner Bros Discovery Inc. 0.16% 425,749 $11.7M Add +204.1%
CL Colgate-Palmolive Co. 0.16% 138,723 $11.7M Add +295.3%
WM Waste Management Inc. 0.16% 52,499 $11.6M Reduce -35.8%
CRM Salesforce Inc. 0.16% 61,465 $11.4M Reduce -82.5%
NDAQ Nasdaq Inc. 0.16% 131,434 $11.1M Add +3.9%
DDOG Datadog Inc. Class A 0.15% 93,982 $11.1M Add +20.4%
PRA Proassurance Corp. 0.15% 438,577 $10.8M Add +66.6%
FCX Freeport-McMoran Inc. 0.15% 185,000 $10.8M Add +68.2%
BHF Brighthouse Financial Inc. 0.15% 180,877 $10.8M Add +35.5%
CAH Cardinal Health Inc. 0.15% 50,543 $10.7M Add +76480.3%
TPR Tapestry Inc. 0.15% 74,147 $10.4M New
CDE Coeur Mining Inc. 0.15% 555,000 $10.4M Add +101.8%
RGLD Royal Gold Inc. 0.14% 40,500 $10.3M Add +80.0%
FSM Fortuna Mining Corp. 0.14% 1,023,380 $10.1M Add +47.3%
FFIV F5 Inc. 0.14% 34,990 $10.1M Reduce -4.0%
CWAN Clearwater Analytics HDS-A 0.14% 421,568 $10.0M New
VLTO Veralto Corp. 0.14% 110,409 $9.8M Add +8.7%
SNOW Snowflake Inc. 0.13% 63,131 $9.5M Add +252424.0%
XYL Xylem Inc. 0.13% 78,177 $9.3M Reduce -2.4%
LHX L3HARRIS Technologies Inc. 0.13% 26,884 $9.3M Add +8.5%
WAT Waters Corp. 0.13% 31,009 $9.2M New
CEG Constellation Energy 0.13% 33,436 $9.1M Add +69.6%
MRK Merck & Co. Inc. 0.12% 73,551 $8.8M Add +56.8%
MS Morgan Stanley 0.12% 53,631 $8.8M Add +4.8%
KEYS Keysight Technologies Inc. 0.12% 31,234 $8.8M Add +5.2%
PINS Pinterest Inc. Class A 0.12% 481,586 $8.8M Add +16.9%
AWK American Water Works Co. Inc. 0.12% 65,162 $8.8M Reduce -4.1%
SPG Simon Property Group Inc. 0.12% 45,976 $8.6M Add +8.6%
PRU Prudential Financial Inc. 0.12% 87,165 $8.5M Add +7.8%
AAUC Allied Gold Corp. 0.12% 274,683 $8.5M New
PG The Procter & Gamble Co. 0.12% 59,077 $8.5M Reduce -39.6%
ORCL Oracle Corp. 0.12% 57,331 $8.4M Reduce -73.6%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.12% 581,150 $8.3M No change
IAUX I-80 Gold Corp. 0.12% 5,500,000 $8.3M Add +66.7%
CNL Collective Mining Ltd. 0.12% 470,000 $8.2M Add +88.0%
HAL Halliburton Co. 0.11% 210,000 $8.2M New
BTG B2GOLD Corp. 0.11% 1,800,000 $8.2M Add +56.5%
EXK Endeavour Silver Corp. 0.11% 866,000 $8.1M Add +44.3%
NTRS Northern Trust Corp. 0.11% 56,620 $7.9M Add +9.7%
DE Deere & Co. 0.11% 13,870 $7.8M Reduce -15.3%
ROK Rockwell Automation Inc. 0.11% 21,735 $7.8M Add +1241.7%
ADBE Adobe Inc. 0.11% 31,729 $7.7M Add +10.7%
TRV The Travelers Cos Inc. 0.11% 26,152 $7.6M Reduce -6.3%
OR Or Royalties Inc. 0.11% 200,000 $7.6M Add +122.2%
ITW Illinois Tool Works 0.11% 29,148 $7.6M Add +7.7%
ACN Accenture PLC Class A 0.10% 38,375 $7.4M Reduce -22.9%
GLW Corning Inc. 0.10% 52,733 $7.2M Add +14548.1%
OSISKO DEVELOPMENT CORP 0.10% 2,200,000 $7.1M Add +57.1%
VLO Valero Energy Corp. 0.10% 28,702 $7.1M New
FAST Fastenal Co. 0.10% 152,612 $7.1M Add +9.9%
HUBS HubSpot Inc. 0.10% 29,004 $7.1M Add +52.3%
SPGI S&P Global Inc. 0.10% 16,556 $7.0M Add +11.7%
DC Dakota Gold Corp. 0.10% 1,400,000 $7.0M Add +154.6%
C Citigroup Inc. 0.10% 60,000 $6.8M No change
FTV Fortive Corp. 0.09% 122,559 $6.8M Add +9.2%
HASI Ha Sustainable Infrastructur 0.09% 183,651 $6.7M Reduce -16.4%
VRT Vertiv Holdings Co. Class A 0.09% 26,463 $6.6M Reduce -32.3%
T AT&T Inc. 0.09% 225,261 $6.5M Add +20.9%
ADSK Autodesk Inc. 0.09% 27,211 $6.5M Add +14.6%
TER Teradyne Inc. 0.09% 21,895 $6.5M New
DHR Danaher Corp. 0.09% 34,035 $6.5M Reduce -67.3%
ARM Arm Holdings PLC-ADR 0.09% 41,953 $6.3M Add +62.9%
CF CF Industries Holdings Inc. 0.09% 48,254 $6.3M Add +0.7%
XYZ Block Inc. 0.09% 104,280 $6.3M Reduce -1.6%
TERN Terns Pharmaceuticals Inc. 0.09% 118,449 $6.2M New
CHD Church & Dwight Co. Inc. 0.09% 66,480 $6.2M Add +8.9%
CDNS Cadence Design SYS Inc. 0.09% 22,240 $6.2M Reduce -12.3%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.09% 223,222 $6.1M Add +10.7%
GROY Gold Royalty Corp. 0.09% 1,700,000 $6.1M Add +88.9%
SYK Stryker Corp. 0.08% 18,000 $5.9M No change
TRMB Trimble Inc. 0.08% 90,733 $5.9M Add +8.8%
EQIX Equinix Inc. 0.08% 5,858 $5.7M Add +6.8%
MASI Masimo Corp. 0.08% 31,950 $5.7M New
PGR Progressive Corp. 0.08% 28,528 $5.7M Reduce -26.3%
CLX Clorox Company 0.08% 54,468 $5.6M Add +13.6%
INTU Intuit Inc. 0.08% 12,484 $5.4M Add +18.5%
MSCI MSCI Inc. 0.08% 9,948 $5.4M Add +4.9%
QGEN Qiagen N.V. 0.07% 133,161 $5.3M Add +12.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 55,355 $5.3M Add +3.2%
GILD Gilead Sciences Inc. 0.07% 37,915 $5.3M Add +12.2%
CCEP Coca-Cola Europacific Partne 0.07% 57,940 $5.3M Reduce -6.9%
AVB Avalonbay Communities Inc. 0.07% 32,072 $5.2M Add +22.2%
BEP Brookfield Renewable Partner 0.07% 159,894 $5.2M Add +194.5%
ECL Ecolab Inc. 0.07% 19,596 $5.2M Add +88.6%
IHS Ihs Holding Ltd. 0.07% 619,798 $5.1M New
SEE Sealed Air Corp. 0.07% 119,293 $5.0M Add +49.6%
ABT Abbott Laboratories 0.07% 47,257 $4.8M Add +9.1%
DLR Digital Realty Trust Inc. 0.07% 26,403 $4.8M Add +8.7%
APO Apollo Global Management Inc. 0.07% 42,536 $4.7M Add +8.2%
CI The Cigna Group 0.07% 17,613 $4.7M Add +6.3%
UNH Unitedhealth Group Inc. 0.07% 17,354 $4.7M Add +13.6%
LOGI Logitech International-Reg 0.07% 51,843 $4.7M New
OTIS Otis Worldwide Corp. 0.07% 60,411 $4.7M Add +12.1%
DXCM Dexcom Inc. 0.06% 74,030 $4.6M Reduce -25.0%
ADP Automatic Data Processing 0.06% 22,762 $4.6M Add +10.8%
SEM Select Medical Holdings Corp. 0.06% 282,497 $4.6M New
NXPI NXP Semiconductors NV 0.06% 23,012 $4.5M Add +12.9%
MCW Mister Car Wash Inc. 0.06% 648,400 $4.5M New
BKR Baker Hughes Co. 0.06% 73,059 $4.5M Add +10.0%
A Agilent Technologies Inc. 0.06% 39,069 $4.5M Add +15.4%
QCOM Qualcomm Inc. 0.06% 34,456 $4.4M Add +8.0%
MRVL Marvell Technology Inc. 0.06% 44,675 $4.4M Reduce -6.2%
PFG Principal Financial Group 0.06% 48,995 $4.4M Add +8.2%
MPWR Monolithic Power Systems Inc. 0.06% 3,992 $4.4M Reduce -30.7%
JNJ Johnson & Johnson 0.06% 18,204 $4.4M Add +2.7%
NFGC New Found Gold Corp. 0.06% 2,331,900 $4.3M New
PEP Pepsico Inc. 0.06% 27,212 $4.2M New
INTC Intel Corp. 0.06% 94,914 $4.2M Reduce -36.5%
HD Home Depot Inc. 0.06% 12,920 $4.2M Add +329.7%
TFC Truist Financial Corp. 0.06% 90,895 $4.2M Add +11.8%
VRSK Verisk Analytics Inc. 0.06% 21,710 $4.1M Add +4.0%
STE Steris PLC 0.06% 18,514 $4.1M Add +9.4%
HLT Hilton Worldwide Holdings Inc. 0.06% 14,890 $4.1M Reduce -3.5%
FERG Ferguson Enterprises Inc. 0.06% 17,018 $4.0M Add +12.6%
ALL Allstate Corp. 0.06% 18,926 $3.9M Add +5.6%
HPQ HP Inc. 0.05% 203,459 $3.9M Add +14.9%
GIS General Mills Inc. 0.05% 104,924 $3.9M New
DAWN Day One Biopharmaceuticals I 0.05% 179,495 $3.8M New
PYPL PayPal Holdings Inc. 0.05% 84,962 $3.8M Reduce -17.6%
BSY Bentley Systems Inc. Class B 0.05% 109,266 $3.8M Add +76.3%
GWW WW Grainger Inc. 0.05% 3,473 $3.8M Add +7.7%
FER Ferrovial NV 0.05% 58,934 $3.8M Reduce -84.9%
FTNT Fortinet Inc. 0.05% 45,706 $3.7M Reduce -0.1%
MMYT Makemytrip Ltd. 0.05% 100,383 $3.7M Reduce -8.3%
PAYX Paychex Inc. 0.05% 40,235 $3.7M Add +24.8%
KDP Keurig Dr Pepper Inc. 0.05% 139,818 $3.7M Add +13.3%
FSLR First Solar Inc. 0.05% 18,456 $3.6M Reduce -66.4%
IDXX Idexx Laboratories Inc. 0.05% 6,461 $3.6M Reduce -9.3%
NXT Nextpower Inc. 0.05% 28,519 $3.4M Reduce -51.3%
PLD Prologis Inc. 0.05% 25,606 $3.4M Reduce -5.2%
TALK Talkspace Inc. 0.05% 652,800 $3.4M New
EHAB Enhabit Inc. 0.05% 236,433 $3.3M New
TT Trane Technologies PLC 0.05% 8,153 $3.3M Reduce -65.1%
EWCZ European Wax Center Inc. Class A 0.05% 570,067 $3.3M New
BALL Ball Corp. 0.05% 54,556 $3.3M No change
CCO Clear Channel Outdoor Holdin 0.04% 1,271,940 $3.0M New
DHIL Diamond Hill Investment Grp 0.04% 17,400 $3.0M Add +31.8%
ONTF ON24 Inc. 0.04% 365,400 $3.0M New
CLH Clean Harbors Inc. 0.04% 10,300 $3.0M Reduce -4.5%
NG Novagold Resources Inc. 0.04% 325,000 $2.9M New
STKL Sunopta Inc. 0.04% 450,000 $2.9M New
IMXI International Money Express 0.04% 182,941 $2.9M Add +69.4%
MTW Manitowoc Company Inc. 0.04% 245,663 $2.9M Reduce -1.0%
TPH Tri Pointe Homes Inc. 0.04% 58,500 $2.7M New
SPOT Spotify Technology SA 0.04% 5,509 $2.6M Reduce -78.3%
SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI 0.04% 84,322 $2.6M Add +3.0%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.04% 37,700 $2.6M No change
UBS UBS Group AG-Reg 0.04% 66,548 $2.5M Reduce -23.0%
IBN Icici Bank Ltd.-Spon ADR 0.03% 93,256 $2.4M No change
BIPC Brookfield Infrastructure-A 0.03% 58,650 $2.3M New
CME Cme Group Inc. 0.03% 7,792 $2.3M Reduce -56.6%
MNST Monster Beverage Corp. 0.03% 31,184 $2.3M New
FONR Fonar Corp. 0.03% 118,800 $2.2M New
CCJ Cameco Corp. 0.03% 20,235 $2.2M Add +688.9%
GLDD Great Lakes Dredge & Dock Co. 0.03% 128,598 $2.2M New
ITRI Itron Inc. 0.03% 21,695 $1.9M Reduce -23.9%
WY Weyerhaeuser Co. 0.03% 78,884 $1.9M Reduce -6.0%
GRFS Grifols SA-ADR 0.03% 238,928 $1.9M No change
SLAB Silicon Laboratories Inc. 0.03% 9,120 $1.9M New
SRG Seritage Growth Prop- A 0.02% 619,871 $1.7M No change
TTWO Take-Two Interactive Softwre 0.02% 8,983 $1.7M Add +21.8%
UPS United Parcel Service Class B 0.02% 16,000 $1.6M No change
OLPX Olaplex Holdings Inc. 0.02% 731,100 $1.5M New
AMT American Tower Corp. 0.02% 7,997 $1.4M Reduce -8.5%
LNSR Lensar Inc. 0.02% 213,537 $1.3M Add +16.2%
DSGR Distribution Solutions Group 0.02% 46,575 $1.2M New
BRKR Bruker Corp. 0.02% 33,935 $1.2M New
CSL Carlisle Cos Inc. 0.02% 3,320 $1.1M Reduce -39.2%
GFL GFL Environmental Inc.-Sub VT 0.01% 25,612 $1.1M Reduce -41.6%
RNW Renew Energy Global PLC-A 0.01% 213,756 $979K No change
ARRY Array Technologies Inc. 0.01% 124,869 $900K New
MAR Marriott International Class A 0.01% 2,403 $784K New
THC Tenet Healthcare Corp. 0.01% 3,783 $712K No change
IVT Inventrust Properties Corp. 0.01% 20,675 $630K No change
PLTR Palantir Technologies Inc. Class A 0.01% 4,756 $613K Add +14.3%
HST Host Hotels & Resorts Inc. 0.01% 31,646 $606K No change
CDP Copt Defense Properties 0.01% 19,691 $603K Reduce -6.0%
KZR Kezar Life Sciences Inc. 0.01% 80,400 $597K New
NNN NNN REIT Inc. 0.01% 14,191 $596K Add +2.3%
WPC WP Carey Inc. 0.01% 8,758 $595K New
MICC The Magnum Ice Cream Co. NV 0.01% 40,612 $592K Reduce -0.5%
SBRA Sabra Health Care REIT Inc. 0.01% 30,191 $581K Reduce -5.2%
SKT Tanger Inc. 0.01% 17,065 $580K Reduce -3.5%
REG Regency Centers Corp. 0.01% 7,630 $577K Reduce -5.9%
OHI Omega Healthcare Investors 0.01% 13,148 $576K Reduce -5.7%
JHG Janus Henderson Group PLC 0.01% 11,200 $575K New
CTRE Caretrust REIT Inc. 0.01% 15,593 $571K Reduce -9.1%
IRDM Iridium Communications Inc. 0.01% 20,438 $567K New
VTR Ventas Inc. 0.01% 6,922 $566K New
BRX Brixmor Property Group Inc. 0.01% 19,630 $565K Reduce -8.3%
ESS Essex Property Trust Inc. 0.01% 2,320 $561K New
STAG Stag Industrial Inc. 0.01% 15,371 $554K New
ELS Equity Lifestyle Properties 0.01% 8,823 $551K Reduce -86.2%
EPRT Essential Properties Realty 0.01% 17,765 $539K Reduce -10.6%
PERF Perfect Corp. 0.01% 300,000 $507K New
JLL Jones Lang Lasalle Inc. 0.01% 1,663 $506K Reduce -4.1%
CMI Cummins Inc. 0.01% 914 $492K Reduce -7.3%
EPR Epr Properties filed as EPR PPTYS 0.01% 9,839 $492K Reduce -0.8%
KMI Kinder Morgan Inc. 0.01% 14,575 $489K Add +5.8%
OKE Oneok Inc. 0.01% 5,374 $486K No change
PBA Pembina Pipeline Corp. 0.01% 10,695 $477K Add +11.6%
CBRE CBRE Group Inc. Class A 0.01% 3,520 $477K Reduce -6.1%
PFE Pfizer Inc. 0.01% 18,173 $476K Reduce -7.2%
ETR Entergy Corp. 0.01% 4,226 $475K Add +1.5%
NJR New Jersey Resources Corp. 0.01% 8,506 $467K Add +5.2%
NWN Northwest Natural Holding Co. 0.01% 8,668 $461K No change
TRP TC Energy Corp. 0.01% 7,352 $459K Add +2.1%
RY Royal Bank of Canada 0.01% 2,838 $457K Reduce -9.1%
ED Consolidated Edison Inc. 0.01% 3,984 $451K Add +2.9%
UNFI United Natural Foods Inc. 0.01% 10,000 $449K Add +33.3%
EXC Exelon Corp. 0.01% 9,128 $447K Add +6.5%
OGS One Gas Inc. 0.01% 5,132 $442K Add +6.8%
SR Spire Inc. 0.01% 4,763 $431K No change
CP Canadian Pacific Kansas City 0.01% 5,468 $429K Add +4.1%
UNP Union Pacific Corp. 0.01% 1,730 $420K Add +5.3%
KRC Kilroy Realty Corp. 0.01% 14,615 $412K New
STN Stantec Inc. 0.01% 4,750 $409K Add +5.6%
CNI Canadian Natl Railway Co. 0.01% 3,981 $408K Reduce -2.5%
PEG Public Service Enterprise GP 0.01% 5,023 $407K Add +0.6%
MCO Moody's Corp. 0.01% 931 $406K Reduce -3.0%
RNA Atrium Therapeutics Inc. 0.01% 29,698 $397K New
NSC Norfolk Southern Corp. 0.01% 1,376 $395K Add +6.8%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.01% 3,235 $384K Reduce -2.9%
SBAC SBA Communications Corp. 0.01% 2,181 $375K Add +8.7%
BWMN Bowman Consulting Group Ltd. 0.01% 13,000 $369K No change
GRND Grindr Inc. 0.01% 30,000 $363K No change
TTEK Tetra Tech Inc. 0.01% 12,000 $360K No change
BNTX Biontech SE-ADR 0.01% 4,200 $360K No change
VRSN Verisign Inc. 0.00% 1,413 $351K Add +2.8%
DAR Darling Ingredients Inc. 0.00% 5,500 $339K New
ACM Aecom 0.00% 4,000 $338K Reduce -1.3%
PL Planet Labs PBC 0.00% 12,000 $334K Reduce -4.0%
HON Honeywell International Inc. 0.00% 1,386 $313K Reduce -19.1%
REGN Regeneron Pharmaceuticals 0.00% 442 $303K Reduce -86.4%
GIL Gildan Activewear Inc. 0.00% 5,119 $284K Reduce -10.7%
MGA Magna International Inc. 0.00% 5,102 $284K Reduce -0.8%
NTR Nutrien Ltd. 0.00% 3,594 $270K Reduce -3.2%
SFM Sprouts Farmers Market Inc. 0.00% 3,500 $269K Reduce -12.5%
IR Ingersoll-Rand Inc. 0.00% 3,345 $268K Add +55.5%
CSCO Cisco Systems Inc. 0.00% 3,428 $265K Reduce -21.3%
ONT Onterris Inc. filed as MONTROSE ENVIRONMENTAL GROUP 0.00% 12,000 $262K Reduce -7.7%
NKE Nike Inc. Class B 0.00% 5,581 $251K Reduce -96.0%
PNC PNC Financial Services Group 0.00% 1,197 $249K Add +7.8%
MRNA Moderna Inc. 0.00% 5,005 $241K Reduce -16.6%
BMI Badger Meter Inc. 0.00% 1,500 $228K Reduce -34.8%
LDOS Leidos Holdings Inc. 0.00% 1,369 $213K Add +3.3%
HSY The Hershey Co. 0.00% 1,015 $211K New
BRK.B Berkshire Hathaway Inc. Class B 0.00% 497 $206K No change
STT State Street Corp. 0.00% 1,616 $205K Reduce -4.4%
PNR Pentair PLC 0.00% 2,274 $198K Reduce -3.1%
ZTS Zoetis Inc. 0.00% 1,579 $187K Reduce -55.5%
URI United Rentals Inc. 0.00% 256 $187K Add +8.9%
JBL Jabil Inc. 0.00% 747 $186K Add +2475.9%
TXT Textron Inc. 0.00% 2,000 $181K No change
FLUT Flutter Entertainment PLC-Di 0.00% 1,985 $179K Reduce -94.5%
LNTH Lantheus Holdings Inc. 0.00% 2,250 $165K No change
PODD Insulet Corp. 0.00% 750 $156K No change
ICLR Icon PLC 0.00% 1,300 $137K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.00% 485 $110K Add +10.0%
APD Air Products & Chemicals Inc. 0.00% 400 $102K No change
CHKP Check Point Software Tech 0.00% 682 $97K No change
CRL Charles River Laboratories 0.00% 494 $79K Reduce -11.9%
ALC Alcon Inc. filed as ALCON AG 0.00% 1,008 $74K Reduce -16.0%
AMGN Amgen Inc. 0.00% 182 $64K New
CTLP Cantaloupe Inc. 0.00% 3,720 $40K No change
DELL Dell Technologies -C 0.00% 212 $35K New
RTX RTX Corp. 0.00% 173 $29K No change
EIX Edison International 0.00% 402 $29K New
GRMN Garmin Ltd. 0.00% 125 $29K Add +346.4%
YUM Yum! Brands Inc. 0.00% 170 $26K Reduce -7.6%
MDT Medtronic PLC 0.00% 345 $26K Reduce -99.7%
SNA Snap-on Inc. 0.00% 70 $25K Reduce -22.2%
NTAP Netapp Inc. 0.00% 248 $25K Add +5.1%
ZEO Zeo Energy Corp. 0.00% 43,761 $25K No change
OMC Omnicom Group 0.00% 333 $25K Reduce -7.5%
AFL Aflac Inc. 0.00% 227 $25K New
LMT Lockheed Martin Corp. 0.00% 46 $25K Add +9.5%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.00% 262 $25K Reduce -22.3%
AER Aercap Holdings NV 0.00% 180 $25K Add +221.4%
TD Toronto-Dominion Bank 0.00% 262 $24K Reduce -70.1%
EME Emcor Group Inc. 0.00% 33 $24K Add +230.0%
GLDM SPDR Gold Minishares Trust 0.00% 300 $24K No change
SYF Synchrony Financial 0.00% 347 $24K Add +277.2%
MFC Manulife Financial Corp. 0.00% 675 $23K New
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C 0.00% 331 $23K New
WSM Williams-Sonoma Inc. 0.00% 118 $22K Reduce -13.9%
SEMR Semrush Holdings Inc. Class A 0.00% 1,755 $21K Reduce -99.2%
ITT Itt Inc. 0.00% 110 $18K No change
XOM Exxon Mobil Corp. 0.00% 120 $17K No change
COPX Global X Copper Miners ETF 0.00% 230 $15K Add +11.1%
SLB SLB Ltd. filed as SLB LIMITED 0.00% 330 $14K Reduce -43.1%
TSLA Tesla Inc. 0.00% 37 $12K Add +23.3%
GD General Dynamics Corp. 0.00% 38 $12K No change
ESLT Elbit Systems Ltd. 0.00% 13 $11K New
O Realty Income Corp. 0.00% 179 $11K New
UTHR United Therapeutics Corp. 0.00% 18 $11K New
STX Seagate Technology Holdings 0.00% 26 $10K Reduce -79.7%
RPRX Royalty Pharma PLC Class A 0.00% 194 $9K New
CARR Carrier Global Corp. 0.00% 173 $8K Reduce -99.0%
WDC Western Digital Corp. 0.00% 30 $8K Reduce -51.6%
RMD Resmed Inc. 0.00% 34 $8K Reduce -8.1%
COIN Coinbase Global Inc. Class A 0.00% 50 $7K No change
BMY Bristol-Myers Squibb Co. 0.00% 89 $5K No change
MP MP Materials Corp. 0.00% 100 $4K New
MO Altria Group Inc. 0.00% 70 $4K Add +40.0%
ALLE Allegion PLC 0.00% 30 $4K New
AMRZ Amrize Ltd. 0.00% 75 $4K Reduce -35.3%
NVO Novo-Nordisk A/S-Spons ADR 0.00% 100 $3K New
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.00% 50 $3K Reduce -98.5%
THCH TH International Ltd./Cayman 0.00% 1,427 $3K No change
TWLO Twilio Inc. Class A 0.00% 25 $3K No change
ONON On Holding AG Class A filed as ON HLDG AG 0.00% 80 $2K Reduce -100.0%
PLUG Plug Power Inc. filed as PLUG PWR INC 0.00% 821 $2K Add +271.5%
GEHC GE Healthcare Technology 0.00% 23 $1K Add +187.5%
SW Smurfit Westrock PLC 0.00% 36 $1K No change
KD Kyndryl Holdings Inc. 0.00% 40 $460 No change
RIG Transocean Ltd. 0.00% 67 $384 No change
NGVT Ingevity Corp. 0.00% 6 $370 No change
KHC The Kraft Heinz Co. 0.00% 16 $317 New
WAB Wabtec Corp. 0.00% 1 $221 No change
EMBC Embecta Corp. 0.00% 12 $92 No change

Options reported separately and not counted above: MICROSOFT CORP calls ($85.1M), SERVICENOW INC calls ($19.8M), DB puts ($10.8M), JPM puts ($1.6M), C puts ($1.5M), GS puts ($1.3M), HD puts ($1.2M), PFE puts ($1.0M), HPE puts ($952K), MS puts ($905K), AXP puts ($786K), AZO puts ($671K), and 21 more.

Other holdings (6): bonds, preferreds, convertibles and warrants · $25.2M (not counted above)
SecurityClassShares / PrincipalValueChange
ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) NOTE 2.250% 6/0 · principal 9,000,000$8.3MNo change
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) NOTE 3.250%12/1 · principal 5,800,000$5.5MNo change
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal 6,000,000$5.5MReduce -29.4%
TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) NOTE 0.750% 6/1 · principal 3,000,000$3.1MNo change
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal 3,500,000$2.8MAdd +40.0%
GENVR Gen Digital Inc. - CVR RIGHT 99/99/9999 18,180$9KNo change

Total filed on the 13F, all lines: $7.2B.

Portfolio Sells Q4 2025 → Q1 2026

RACE Ferrari NV Reduce -44.0% 1.57% −1.73
CRM Salesforce Inc. Reduce -82.5% 0.16% −1.20
CRH CRH PLC Reduce -39.7% 0.93% −1.01
STLA Stellantis NV Reduce -50.1% 0.43% −0.98
ISRG Intuitive Surgical Inc. Reduce -30.6% 0.79% −0.67
AMZN Amazon.com Inc. Reduce -3.3% 3.30% −0.65
GIB Cgi Inc. Reduce -0.2% 1.74% −0.56
DB Deutsche Bank AG-Registered Reduce -55.9% 0.23% −0.50
ORCL Oracle Corp. Reduce -73.6% 0.12% −0.50
NFLX Netflix Inc. Reduce -34.7% 0.83% −0.47
V Visa Inc. Class A Reduce -3.6% 1.71% −0.44
LLY Eli Lilly & Co. Reduce -2.6% 1.70% −0.43
BSX Boston Scientific Corp. Reduce -34.0% 0.31% −0.42
FER Ferrovial NV Reduce -84.9% 0.05% −0.32
ONON On Holding AG Class A Reduce -100.0% 0.00% −0.29
DAY Dayforce Inc. Sold out 0.00% −0.26
DHR Danaher Corp. Reduce -67.3% 0.09% −0.26
BLK BlackRock Inc. Reduce -29.4% 0.36% −0.23
TMO Thermo Fisher Scientific Inc. Reduce -4.8% 0.77% −0.23
AXP American Express Co. Reduce -3.6% 0.64% −0.21
BAC Bank of America Corp. Reduce -11.7% 0.59% −0.20
SPOT Spotify Technology SA Reduce -78.3% 0.04% −0.18
RNAM Avidity Biosciences Inc. Sold out 0.00% −0.17
JAMF Jamf Holding Corp. Sold out 0.00% −0.17
FSLR First Solar Inc. Reduce -66.4% 0.05% −0.16
CB Chubb Ltd. Reduce -36.4% 0.27% −0.16
MDT Medtronic PLC Reduce -99.7% 0.00% −0.15
NGD New Gold Inc. Sold out 0.00% −0.15
AVDL Avadel Pharmaceuticals Ltd. Sold out 0.00% −0.15
MA Mastercard Inc. Class A Reduce -0.1% 0.70% −0.14
DECK Deckers Outdoor Corp. Sold out 0.00% −0.13
NKE Nike Inc. Class B Reduce -96.0% 0.00% −0.12
RSG Republic Services Inc. Reduce -39.3% 0.19% −0.12
FYBR Frontier Communications Pare Sold out 0.00% −0.11
SHOP Shopify Inc. Class A Sold out 0.00% −0.11
WELL Welltower Inc. Reduce -38.6% 0.18% −0.11
FLUT Flutter Entertainment PLC-Di Reduce -94.5% 0.00% −0.10
WM Waste Management Inc. Reduce -35.8% 0.16% −0.09
TGNA Tegna Inc. Sold out 0.00% −0.09
PG The Procter & Gamble Co. Reduce -39.6% 0.12% −0.09
CYBR Cyberark Software Ltd./Israel Sold out 0.00% −0.09
SNPS Synopsys Inc. Sold out 0.00% −0.08
TT Trane Technologies PLC Reduce -65.1% 0.05% −0.08
RL Ralph Lauren Corp. Reduce -13.0% 0.34% −0.08
MMYT Makemytrip Ltd. Reduce -8.3% 0.05% −0.08
TSM Taiwan Semiconductor-SP ADR Reduce -11.5% 1.21% −0.07
ACN Accenture PLC Class A Reduce -22.9% 0.10% −0.07
CFLT Confluent Inc. Class A Sold out 0.00% −0.07
WMT Walmart Inc. Reduce -12.0% 1.09% −0.07
EXAS Exact Sciences Corp. Sold out 0.00% −0.06

Portfolio Buys Q4 2025 → Q1 2026

TTE Totalenergies SE Add +8.9% 9.57% +3.21
AZN Astrazeneca PLC New 2.67% +2.67
AMAT Applied Materials Inc. Add +339.9% 0.74% +0.61
LRCX Lam Research Corp. Add +215.3% 0.58% +0.43
AME Ametek Inc. New 0.40% +0.40
NEE Nextera Energy Inc. Add +5444.6% 0.40% +0.40
GEV GE Vernova Inc. Add +30.1% 0.89% +0.36
ADI Analog Devices Inc. Add +175.0% 0.45% +0.31
AEM Agnico Eagle Mines Ltd. Add +47.6% 0.74% +0.30
FNV Franco-Nevada Corp. Add +98.7% 0.54% +0.30
PH Parker Hannifin Corp. Add +136.9% 0.52% +0.29
EMR Emerson Electric Co. Add +148.3% 0.51% +0.29
PWR Quanta Services Inc. Add +27.9% 0.71% +0.27
CAT Caterpillar Inc. Add +64.1% 0.54% +0.26
ROST Ross Stores Inc. New 0.25% +0.25
NEM Newmont Corp. Add +51.9% 0.68% +0.25
WPM Wheaton Precious Metals Corp. Add +79.4% 0.51% +0.24
ACLX Arcellx Inc. New 0.24% +0.24
ETN Eaton Corp. PLC Add +8.6% 1.41% +0.21
EQX Equinox Gold Corp. Add +110.5% 0.40% +0.21
KLAC KLA Corp. Add +58.0% 0.44% +0.20
LIN Linde PLC Add +16.5% 0.85% +0.20
ABBV Abbvie Inc. Add +60.7% 0.59% +0.19
HWM Howmet Aerospace Inc. Add +50.9% 0.48% +0.19
MU Micron Technology Inc. Add +127.3% 0.30% +0.18
GRAB Grab Holdings Ltd. Class A Add +755.9% 0.21% +0.18
APH Amphenol Corp. Class A Add +81.5% 0.46% +0.18
OS Onestream Inc. New 0.17% +0.17
TMUS T-Mobile US Inc. Add +25.1% 0.84% +0.16
CAH Cardinal Health Inc. Add +76480.3% 0.15% +0.15
KGC Kinross Gold Corp. Add +48.1% 0.43% +0.15
TPR Tapestry Inc. New 0.15% +0.15
HOLX Hologic Inc. Add +122.7% 0.27% +0.15
ORLA Orla Mining Ltd. Add +80.0% 0.28% +0.15
FOLD Amicus Therapeutics Inc. Add +301.2% 0.19% +0.14
CWAN Clearwater Analytics HDS-A New 0.14% +0.14
SNOW Snowflake Inc. Add +252424.0% 0.13% +0.13
CSGS CSG Systems Intl Inc. Add +139.1% 0.22% +0.13
WAT Waters Corp. New 0.13% +0.13
CL Colgate-Palmolive Co. Add +295.3% 0.16% +0.12
AU Anglogold Ashanti PLC Add +39.4% 0.36% +0.12
AAUC Allied Gold Corp. New 0.12% +0.12
HAL Halliburton Co. New 0.11% +0.11
AGI Alamos Gold Inc. Class A Add +42.9% 0.31% +0.11
SSRM SSR Mining Inc. Add +77.8% 0.20% +0.11
B Barrick Mining Corp. Add +40.0% 0.52% +0.11
WBD Warner Bros Discovery Inc. Add +204.1% 0.16% +0.10
PAAS Pan American Silver Corp. Add +63.9% 0.26% +0.10
GFI Gold Fields Ltd.-Spons ADR Add +39.5% 0.36% +0.10
GLW Corning Inc. Add +14548.1% 0.10% +0.10

Options Activity Q4 2025 → Q1 2026

NVDA Nvidia Corp. call Sold out 1,200,000 $223.8Mbefore exit
MICROSOFT CORP call New 230,000 $85.1M
SERVICENOW INC call New 190,000 $19.8M
C Citigroup Inc. put Add +62.5% 13,000 $1.5M
HPE Hewlett Packard Enterprise put Add +166.7% 40,000 $952K
MS Morgan Stanley put Reduce -15.4% 5,500 $905K
AZO AutoZone Inc. put New 200 $671K
BAC Bank of America Corp. put Reduce -10.0% 13,500 $658K
DE Deere & Co. put Reduce -44.4% 1,000 $563K
BMO Bank of Montreal put New 3,500 $474K
WFC Wells Fargo & Co. put Reduce -44.4% 5,000 $398K
IBM Intl Business Machines Corp. put Reduce -54.3% 1,600 $388K
ORCL Oracle Corp. put Reduce -32.4% 2,500 $368K
MCD McDonald's Corp. put Reduce -71.4% 1,000 $311K
CAT Caterpillar Inc. put Sold out 500 $286Kbefore exit
EMN Eastman Chemical Co. put New 3,500 $267K
JCI Johnson Controls Internation put Reduce -33.3% 2,000 $262K
AMZN Amazon.com Inc. put New 1,000 $208K
UPS United Parcel Service Class B put Sold out 2,000 $198Kbefore exit
MDLZ Mondelez International Inc. Class A put New 3,000 $173K
DELL Dell Technologies -C put Reduce -33.3% 1,000 $160K
BARCLAYS PLC put Sold out 120,000 $16Kbefore exit
GRINDR INC call Sold out 120,000 $9Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2025 → Q1 2026

AIRBNB INC (ABNB 0 03/15/26) NOTE 3/1 · principal Sold out 18,000,000 $17.8Mbefore exit
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal Reduce -29.4% 6,000,000 $5.5M
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal Add +40.0% 3,500,000 $2.8M
TRIPADVISOR INC (TRIP 0.25 04/01/26) NOTE 0.250% 4/0 · principal Sold out 2,000,000 $2.0Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 445$8.1BNVDA, TTE, MSFT, AAPL, GOOGL
Q1 2026 416$7.1BTTE, NVDA, MSFT, AAPL, AMZN
Q4 2025 419$6.8BMSFT, TTE, NVDA, AMZN, AAPL
Q3 2025 740$7.3BMSFT, NVDA, AMZN, RACE, AAPL
Q2 2025 410$6.1BMSFT, NVDA, AMZN, RACE, AAPL
Q1 2025 416$4.7BMSFT, NVDA, RACE, AMZN, AAPL
Q4 2024 333$4.0BMSFT, NVDA, AMZN, AAPL, GIB