Guggenheim Capital LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Guggenheim Capital LLC reported 1,626 stock positions worth $10.6 billion. Its top holding was Apple (AAPL) at 3.4% of the portfolio, followed by Nvidia (NVDA, 3.0%) and Microsoft (MSFT, 3.0%). Compared with Q4 2024, it opened 49 new positions, sold out of 99, added to 609 and reduced 956. The biggest buy was Waste Management (WM, shares +3%) and the biggest sale Nvidia (NVDA, shares −22%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001283072
- Portfolio Value
- $10.6B (Q1 2025)
- SEC Filing
- 0001283072-25-000002 ↗ filed May 14, 2025
Holdings Value
Holdings 1,626 stocks · $10.6B
| AAPL Apple Inc. | 3.38% | 1,616,026 | $359.0M | Reduce -20.4% |
| NVDA Nvidia Corp. | 3.03% | 2,974,848 | $322.4M | Reduce -22.4% |
| MSFT Microsoft Corp. | 2.98% | 843,242 | $316.5M | Reduce -18.1% |
| AMZN Amazon.com Inc. | 2.04% | 1,138,203 | $216.6M | Reduce -20.1% |
| META Meta Platforms Inc. Class A | 1.68% | 309,216 | $178.2M | Reduce -13.2% |
| AVGO Broadcom Inc. | 1.56% | 992,769 | $166.2M | Reduce -20.4% |
| GOOGL Alphabet Inc. Class A | 1.19% | 820,385 | $126.9M | Reduce -16.6% |
| QCOM Qualcomm Inc. | 1.13% | 781,244 | $120.0M | Reduce -5.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.13% | 213,763 | $119.6M | Add +0.1% |
| COST Costco Wholesale Corp. | 1.10% | 123,920 | $117.2M | Reduce -17.6% |
| CSCO Cisco Systems Inc. | 1.07% | 1,848,209 | $114.1M | Reduce -15.6% |
| V Visa Inc. Class A | 0.90% | 272,472 | $95.5M | Add +3.8% |
| WM Waste Management Inc. | 0.86% | 396,071 | $91.7M | Add +2.7% |
| TSLA Tesla Inc. | 0.82% | 335,610 | $87.0M | Reduce -22.3% |
| NFLX Netflix Inc. | 0.77% | 87,475 | $81.6M | Reduce -21.6% |
| GOOG Alphabet Inc. Class C | 0.71% | 483,434 | $75.5M | Reduce -24.6% |
| PEP Pepsico Inc. | 0.71% | 500,244 | $75.0M | Reduce -9.6% |
| LIN Linde PLC | 0.65% | 149,188 | $69.5M | Reduce -11.7% |
| AMGN Amgen Inc. | 0.63% | 214,286 | $66.8M | Reduce -10.1% |
| AMAT Applied Materials Inc. | 0.63% | 458,303 | $66.5M | Reduce -6.2% |
| TMUS T-Mobile US Inc. | 0.63% | 249,205 | $66.5M | Reduce -25.1% |
| BKNG Booking Holdings Inc. | 0.62% | 14,240 | $65.6M | Reduce -8.3% |
| JPM JPMorgan Chase & Co. | 0.60% | 260,765 | $64.0M | Reduce -9.8% |
| MA Mastercard Inc. Class A | 0.60% | 116,384 | $63.8M | Reduce -0.2% |
| SHW The Sherwin-Williams Co. | 0.59% | 179,690 | $62.7M | Reduce -0.9% |
| ADBE Adobe Inc. | 0.57% | 159,209 | $61.1M | Reduce -6.3% |
| KO The Coca-Cola Co. | 0.56% | 836,938 | $59.9M | Reduce -16.6% |
| GILD Gilead Sciences Inc. | 0.56% | 531,224 | $59.5M | Reduce -17.9% |
| CMCSA Comcast Corp. Class A | 0.56% | 1,608,536 | $59.4M | Reduce -9.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.56% | 237,290 | $59.0M | Reduce -15.1% |
| LRCX Lam Research Corp. | 0.55% | 800,391 | $58.2M | Reduce -6.3% |
| MDLZ Mondelez International Inc. Class A | 0.54% | 839,448 | $57.0M | Reduce -10.6% |
| PANW Palo Alto Networks Inc. | 0.53% | 331,121 | $56.5M | Reduce -18.3% |
| ADP Automatic Data Processing | 0.49% | 170,922 | $52.2M | Reduce -8.8% |
| SBUX Starbucks Corp. | 0.48% | 525,556 | $51.6M | Reduce -18.3% |
| HON Honeywell International Inc. | 0.48% | 243,343 | $51.5M | Reduce -16.6% |
| ABBV Abbvie Inc. | 0.48% | 244,507 | $51.2M | Reduce -4.5% |
| MCD McDonald's Corp. | 0.48% | 163,189 | $51.0M | Reduce -2.4% |
| XOM Exxon Mobil Corp. | 0.47% | 424,316 | $50.5M | Reduce -3.5% |
| JNJ Johnson & Johnson | 0.47% | 303,475 | $50.3M | Add +8.2% |
| AMD Advanced Micro Devices | 0.47% | 485,473 | $49.9M | Reduce -11.9% |
| VRTX Vertex Pharmaceuticals Inc. | 0.47% | 102,003 | $49.5M | Reduce -24.8% |
| UNP Union Pacific Corp. | 0.45% | 202,429 | $47.8M | Add +0.1% |
| VZ Verizon Communications Inc. | 0.45% | 1,050,793 | $47.7M | Reduce -0.7% |
| CVX Chevron Corp. | 0.45% | 282,833 | $47.3M | Add +4.2% |
| UNH Unitedhealth Group Inc. | 0.44% | 89,830 | $47.0M | Reduce -6.8% |
| MRK Merck & Co. Inc. | 0.42% | 499,975 | $44.9M | Add +29.1% |
| ZTS Zoetis Inc. | 0.42% | 269,436 | $44.4M | Add +11.0% |
| APD Air Products & Chemicals Inc. | 0.39% | 141,445 | $41.7M | Reduce -11.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.39% | 501,657 | $41.5M | Add +14.6% |
| FTNT Fortinet Inc. | 0.39% | 429,645 | $41.4M | Reduce -13.0% |
| BMY Bristol-Myers Squibb Co. | 0.38% | 667,507 | $40.7M | Reduce -7.8% |
| TXN Texas Instruments Inc. | 0.38% | 224,408 | $40.3M | Reduce -22.4% |
| GS Goldman Sachs Group Inc. | 0.37% | 71,856 | $39.3M | Add +7.3% |
| SNPS Synopsys Inc. | 0.37% | 91,019 | $39.0M | Add +8.1% |
| NOW ServiceNow Inc. | 0.36% | 48,443 | $38.6M | Add +4.1% |
| MDT Medtronic PLC | 0.36% | 428,316 | $38.5M | Reduce -11.7% |
| ADI Analog Devices Inc. | 0.36% | 187,848 | $37.9M | Reduce -13.5% |
| ISRG Intuitive Surgical Inc. | 0.36% | 76,300 | $37.8M | Reduce -23.9% |
| PLTR Palantir Technologies Inc. Class A | 0.35% | 445,433 | $37.6M | Reduce -21.4% |
| DE Deere & Co. | 0.35% | 78,373 | $36.8M | Reduce -4.8% |
| AEP American Electric Power | 0.34% | 330,505 | $36.1M | Reduce -16.6% |
| PM Philip Morris International | 0.34% | 225,872 | $35.9M | Reduce -4.8% |
| MU Micron Technology Inc. | 0.34% | 412,111 | $35.8M | Reduce -6.5% |
| HD Home Depot Inc. | 0.34% | 97,558 | $35.8M | Add +15.2% |
| ICE Intercontinental Exchange Inc. | 0.33% | 203,876 | $35.2M | Add +18.7% |
| DUK Duke Energy Corp. | 0.33% | 286,627 | $35.0M | Add +11.4% |
| NEE Nextera Energy Inc. | 0.33% | 493,140 | $35.0M | Reduce -14.2% |
| JCI Johnson Controls Internation | 0.32% | 428,267 | $34.3M | Reduce -2.8% |
| INTU Intuit Inc. | 0.31% | 54,250 | $33.3M | Reduce -23.9% |
| CRM Salesforce Inc. | 0.31% | 122,742 | $32.9M | Add +12.4% |
| DASH DoorDash Inc. Class A | 0.31% | 177,540 | $32.4M | Add +12.1% |
| CMG Chipotle Mexican Grill Inc. | 0.31% | 645,954 | $32.4M | Add +16.5% |
| ORLY O'reilly Automotive Inc. | 0.30% | 22,486 | $32.2M | Add +5.7% |
| KLAC KLA Corp. | 0.30% | 46,812 | $31.8M | Reduce -13.8% |
| BLK BlackRock Inc. | 0.29% | 32,686 | $30.9M | Reduce -13.7% |
| SYY Sysco Corp. | 0.29% | 408,894 | $30.7M | Reduce -10.1% |
| CMI Cummins Inc. | 0.28% | 95,072 | $29.8M | Reduce -5.1% |
| PFE Pfizer Inc. | 0.28% | 1,172,927 | $29.7M | Reduce -5.9% |
| LULU Lululemon Athletica Inc. | 0.27% | 100,315 | $28.4M | Reduce -6.9% |
| PG The Procter & Gamble Co. | 0.26% | 165,205 | $28.2M | Reduce -10.0% |
| ADSK Autodesk Inc. | 0.26% | 103,616 | $27.1M | Reduce -10.5% |
| UPS United Parcel Service Class B | 0.25% | 238,378 | $26.2M | Reduce -7.1% |
| WFC Wells Fargo & Co. | 0.24% | 359,046 | $25.8M | Add +24.7% |
| BX Blackstone Inc. | 0.24% | 182,610 | $25.5M | Reduce -3.9% |
| SRLN SS Blackstone Sr Loan ETF | 0.24% | 615,497 | $25.3M | Reduce -17.7% |
| MNST Monster Beverage Corp. | 0.23% | 425,395 | $24.9M | Reduce -13.0% |
| T AT&T Inc. | 0.23% | 867,665 | $24.5M | Add +0.5% |
| CPRT Copart Inc. | 0.23% | 433,508 | $24.5M | Add +12.3% |
| LOW Lowe's Cos Inc. | 0.23% | 104,109 | $24.3M | Reduce -7.2% |
| CTAS Cintas Corp. | 0.22% | 115,456 | $23.7M | Reduce -20.0% |
| EMN Eastman Chemical Co. | 0.22% | 269,031 | $23.7M | Add +1.3% |
| IVV iShares Core S&P 500 ETF | 0.22% | 42,150 | $23.7M | No change |
| ETR Entergy Corp. | 0.22% | 271,497 | $23.2M | Reduce -5.2% |
| INTC Intel Corp. | 0.21% | 1,004,250 | $22.8M | Reduce -23.1% |
| SNOW Snowflake Inc. | 0.20% | 148,777 | $21.7M | Add +11.3% |
| PGR Progressive Corp. | 0.20% | 76,329 | $21.6M | Reduce -2.6% |
| WDAY Workday Inc. Class A | 0.20% | 92,417 | $21.6M | Reduce -6.2% |
| CEG Constellation Energy | 0.20% | 105,034 | $21.2M | Reduce -10.3% |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 42,462 | $21.1M | Add +4.5% |
Options reported separately and not counted above: SPY puts ($113.1M), SPY calls ($113.1M).
Other holdings (2): bonds, preferreds, convertibles and warrants · $31.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 25,881,000 | $24.5M | No change |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 7,500,000 | $7.1M | No change |
Total filed on the 13F, all lines: $10.7B.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -22.4% | 3.03% | −1.22 |
| AVGO Broadcom Inc. | Reduce -20.4% | 1.56% | −0.83 |
| AAPL Apple Inc. | Reduce -20.4% | 3.38% | −0.83 |
| TSLA Tesla Inc. | Reduce -22.3% | 0.82% | −0.62 |
| MSFT Microsoft Corp. | Reduce -18.1% | 2.98% | −0.61 |
| AMZN Amazon.com Inc. | Reduce -20.1% | 2.04% | −0.55 |
| GOOGL Alphabet Inc. Class A | Reduce -16.6% | 1.19% | −0.35 |
| GOOG Alphabet Inc. Class C | Reduce -24.6% | 0.71% | −0.30 |
| MRVL Marvell Technology Inc. | Reduce -19.5% | 0.18% | −0.17 |
| ETN Eaton Corp. PLC | Reduce -39.6% | 0.13% | −0.10 |
| AMD Advanced Micro Devices | Reduce -11.9% | 0.47% | −0.08 |
| PANW Palo Alto Networks Inc. | Reduce -18.3% | 0.53% | −0.08 |
| ISRG Intuitive Surgical Inc. | Reduce -23.9% | 0.36% | −0.08 |
| LULU Lululemon Athletica Inc. | Reduce -6.9% | 0.27% | −0.07 |
| PYPL PayPal Holdings Inc. | Reduce -25.2% | 0.13% | −0.07 |
| TXN Texas Instruments Inc. | Reduce -22.4% | 0.38% | −0.07 |
| HON Honeywell International Inc. | Reduce -16.6% | 0.48% | −0.06 |
| TTD Trade Desk Inc./the Class A | Reduce -21.3% | 0.04% | −0.06 |
| INTU Intuit Inc. | Reduce -23.9% | 0.31% | −0.06 |
| EQIX Equinix Inc. | Reduce -21.8% | 0.18% | −0.05 |
| NFLX Netflix Inc. | Reduce -21.6% | 0.77% | −0.05 |
| APP AppLovin Corp. Class A | Reduce -17.4% | 0.17% | −0.05 |
| ADBE Adobe Inc. | Reduce -6.3% | 0.57% | −0.05 |
| META Meta Platforms Inc. Class A | Reduce -13.2% | 1.68% | −0.05 |
| MAR Marriott International Class A | Reduce -23.8% | 0.12% | −0.04 |
| DDOG Datadog Inc. Class A | Reduce -14.0% | 0.09% | −0.04 |
| ANET Arista Networks Inc. | Reduce -12.1% | 0.10% | −0.04 |
| CDNS Cadence Design SYS Inc. | Reduce -19.9% | 0.14% | −0.04 |
| ON On Semiconductor | Reduce -15.3% | 0.06% | −0.04 |
| MET Metlife Inc. | Reduce -41.0% | 0.07% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -17.6% | 1.10% | −0.04 |
| MS Morgan Stanley | Reduce -31.6% | 0.09% | −0.03 |
| PEG Public Service Enterprise GP | Reduce -53.1% | 0.04% | −0.03 |
| INSIGHT SELECT INCOME FUND | Sold out | 0.00% | −0.03 |
| TGT Target Corp. | Reduce -4.8% | 0.16% | −0.03 |
| AMAT Applied Materials Inc. | Reduce -6.2% | 0.63% | −0.03 |
| BX Blackstone Inc. | Reduce -3.9% | 0.24% | −0.03 |
| HIO Western Asset Hi Inc. Opport | Sold out | 0.00% | −0.03 |
| BLK BlackRock Inc. | Reduce -13.7% | 0.29% | −0.03 |
| ADSK Autodesk Inc. | Reduce -10.5% | 0.26% | −0.03 |
| EVR Evercore Inc. Class A | Reduce -29.6% | 0.04% | −0.03 |
| PH Parker Hannifin Corp. | Reduce -23.9% | 0.13% | −0.03 |
| NEW AMERICA HIGH INCOME FUND | Sold out | 0.00% | −0.03 |
| EIX Edison International | Reduce -4.7% | 0.11% | −0.03 |
| ADI Analog Devices Inc. | Reduce -13.5% | 0.36% | −0.03 |
| REGN Regeneron Pharmaceuticals | Reduce -12.1% | 0.20% | −0.02 |
| AXON Axon Enterprise Inc. | Reduce -23.1% | 0.08% | −0.02 |
| USB US Bancorp | Reduce -20.7% | 0.09% | −0.02 |
| ABNB Airbnb Inc. Class A | Reduce -19.4% | 0.11% | −0.02 |
| NXPI NXP Semiconductors NV | Reduce -18.6% | 0.12% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| WM Waste Management Inc. | Add +2.7% | 0.86% | +0.22 |
| V Visa Inc. Class A | Add +3.8% | 0.90% | +0.21 |
| JNJ Johnson & Johnson | Add +8.2% | 0.47% | +0.14 |
| CVX Chevron Corp. | Add +4.2% | 0.45% | +0.12 |
| ICE Intercontinental Exchange Inc. | Add +18.7% | 0.33% | +0.12 |
| MRK Merck & Co. Inc. | Add +29.1% | 0.42% | +0.10 |
| DUK Duke Energy Corp. | Add +11.4% | 0.33% | +0.10 |
| ORLY O'reilly Automotive Inc. | Add +5.7% | 0.30% | +0.09 |
| SHY iShares 1-3 Year Treasury Bo | Add +14.6% | 0.39% | +0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 1.13% | +0.09 |
| ZTS Zoetis Inc. | Add +11.0% | 0.42% | +0.09 |
| WELL Welltower Inc. | Add +71.1% | 0.15% | +0.09 |
| DASH DoorDash Inc. Class A | Add +12.1% | 0.31% | +0.09 |
| NOC Northrop Grumman Corp. | Add +59.4% | 0.15% | +0.08 |
| WFC Wells Fargo & Co. | Add +24.7% | 0.24% | +0.08 |
| UNP Union Pacific Corp. | Add +0.1% | 0.45% | +0.07 |
| T AT&T Inc. | Add +0.5% | 0.23% | +0.07 |
| HD Home Depot Inc. | Add +15.2% | 0.34% | +0.06 |
| REG Regency Centers Corp. | Add +42.9% | 0.15% | +0.06 |
| GLD SPDR Gold Shares | Add +1.5% | 0.20% | +0.05 |
| JMBS Janus Henderson Mortg Backed | Add +62.6% | 0.11% | +0.05 |
| GS Goldman Sachs Group Inc. | Add +7.3% | 0.37% | +0.05 |
| WMT Walmart Inc. | Add +22.6% | 0.19% | +0.05 |
| BRO Brown & Brown Inc. | Add +7.3% | 0.15% | +0.05 |
| CPRT Copart Inc. | Add +12.3% | 0.23% | +0.05 |
| MRSH Marsh & McLennan Cos | Add +4.2% | 0.17% | +0.05 |
| EVRG Evergy Inc. | Add +11.8% | 0.15% | +0.04 |
| BTZ BlackRock Credit Allocation | Add +13.1% | 0.16% | +0.04 |
| AMT American Tower Corp. | Add +3.3% | 0.12% | +0.03 |
| BGT BlackRock Fltng RT Inc. TR | Add +20.9% | 0.14% | +0.03 |
| BSX Boston Scientific Corp. | Add +8.2% | 0.12% | +0.03 |
| PSX Phillips 66 | Add +25.3% | 0.10% | +0.03 |
| SNOW Snowflake Inc. | Add +11.3% | 0.20% | +0.03 |
| ACP Abrdn Income Credit Strat | Add +38.5% | 0.09% | +0.03 |
| PFL PIMCO Income Strategy Fund | Add +66.6% | 0.06% | +0.03 |
| FLOT iShares Floating Rate Bond E | Add +11.1% | 0.14% | +0.03 |
| VCLT Vanguard Long-Term Corp. Bond | Add +67.8% | 0.06% | +0.03 |
| XFRAX BlackRock Fltng RT Inc. Strat | Add +15.8% | 0.16% | +0.03 |
| BKT BlackRock Income Trust | Add +19.3% | 0.10% | +0.03 |
| NVG Nuveen Amt-FR Muni CRDT | Add +6.8% | 0.16% | +0.03 |
| SNPS Synopsys Inc. | Add +8.1% | 0.37% | +0.03 |
| VMO Invesco Municipal Opport | Add +24.3% | 0.10% | +0.03 |
| PCN PIMCO Corporate & Income STR | Add +8.2% | 0.14% | +0.03 |
| CMG Chipotle Mexican Grill Inc. | Add +16.5% | 0.31% | +0.03 |
| BKLN Invesco Senior Loan ETF | Add +6.1% | 0.18% | +0.03 |
| XEVVX Eaton Vance Ltd. Durat Inc. | Add +8.7% | 0.13% | +0.03 |
| AMCR Amcor PLC | Add +25.3% | 0.09% | +0.03 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +4.4% | 0.16% | +0.03 |
| MO Altria Group Inc. | Add +0.9% | 0.11% | +0.03 |
| SPOT Spotify Technology SA | Add +3.4% | 0.09% | +0.03 |
Options Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +13.7% | 202,200 | $113.1M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +13.7% | 202,200 | $113.1M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,701 | $15.5B | NVDA, MU, AAPL, LRCX, MSFT |
| Q1 2026 | 1,592 | $12.5B | NVDA, AAPL, MSFT, AVGO, AMZN |
| Q4 2025 | 1,737 | $13.6B | NVDA, AAPL, MSFT, AVGO, AMZN |
| Q3 2025 | 1,569 | $13.4B | NVDA, MSFT, AAPL, AVGO, AMZN |
| Q2 2025 | 1,580 | $12.3B | NVDA, MSFT, AAPL, AVGO, AMZN |
| Q1 2025 | 1,626 | $10.6B | AAPL, NVDA, MSFT, AMZN, META |
| Q4 2024 | 1,675 | $12.1B | NVDA, AAPL, MSFT, AMZN, AVGO |
| Q3 2024 | 1,851 | $14.1B | NVDA, AAPL, MSFT, AVGO, META |
| Q2 2024 | 1,851 | $13.9B | NVDA, MSFT, AAPL, AVGO, AMZN |
| Q1 2024 | 1,862 | $14.1B | MSFT, NVDA, AAPL, AMZN, META |