Guggenheim Capital LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Guggenheim Capital LLC reported 1,580 stock positions worth $12.3 billion. Its top holding was Nvidia (NVDA) at 4.5% of the portfolio, followed by Microsoft (MSFT, 4.1%) and Apple (AAPL, 3.2%). Compared with Q1 2025, it opened 73 new positions, sold out of 119, added to 800 and reduced 703. The biggest buy was Nvidia (NVDA, shares +17%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −48%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001283072
- Portfolio Value
- $12.3B (Q2 2025)
- SEC Filing
- 0001283072-25-000004 ↗ filed Aug 13, 2025
Holdings Value
Holdings 1,580 stocks · $12.3B
| NVDA Nvidia Corp. | 4.48% | 3,489,079 | $551.2M | Add +17.3% |
| MSFT Microsoft Corp. | 4.06% | 1,002,820 | $498.8M | Add +18.9% |
| AAPL Apple Inc. | 3.21% | 1,922,953 | $394.5M | Add +19.0% |
| AVGO Broadcom Inc. | 2.54% | 1,133,100 | $312.3M | Add +14.1% |
| AMZN Amazon.com Inc. | 2.43% | 1,359,885 | $298.3M | Add +19.5% |
| META Meta Platforms Inc. Class A | 2.13% | 355,261 | $262.2M | Add +14.9% |
| GOOGL Alphabet Inc. Class A | 1.36% | 949,931 | $167.4M | Add +15.8% |
| COST Costco Wholesale Corp. | 1.21% | 149,951 | $148.4M | Add +21.0% |
| NFLX Netflix Inc. | 1.19% | 109,492 | $146.6M | Add +25.2% |
| CSCO Cisco Systems Inc. | 1.13% | 1,995,531 | $138.4M | Add +8.0% |
| QCOM Qualcomm Inc. | 1.08% | 833,146 | $132.7M | Add +6.6% |
| TSLA Tesla Inc. | 1.03% | 398,501 | $126.6M | Add +18.7% |
| GOOG Alphabet Inc. Class C | 0.86% | 596,015 | $105.7M | Add +23.3% |
| V Visa Inc. Class A | 0.80% | 276,676 | $98.2M | Add +1.5% |
| BKNG Booking Holdings Inc. | 0.79% | 16,687 | $96.6M | Add +17.2% |
| AMAT Applied Materials Inc. | 0.74% | 498,686 | $91.3M | Add +8.8% |
| WM Waste Management Inc. | 0.73% | 392,856 | $89.9M | Reduce -0.8% |
| AMD Advanced Micro Devices | 0.67% | 580,606 | $82.4M | Add +19.6% |
| LRCX Lam Research Corp. | 0.66% | 833,227 | $81.1M | Add +4.1% |
| PEP Pepsico Inc. | 0.64% | 595,003 | $78.6M | Add +18.9% |
| PLTR Palantir Technologies Inc. Class A | 0.63% | 566,060 | $77.2M | Add +27.1% |
| JPM JPMorgan Chase & Co. | 0.62% | 262,567 | $76.1M | Add +0.7% |
| ADBE Adobe Inc. | 0.60% | 191,269 | $74.0M | Add +20.1% |
| TMUS T-Mobile US Inc. | 0.57% | 293,789 | $70.0M | Add +17.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.56% | 111,553 | $68.9M | Reduce -47.8% |
| PANW Palo Alto Networks Inc. | 0.55% | 332,072 | $68.0M | Add +0.3% |
| MA Mastercard Inc. Class A | 0.55% | 120,327 | $67.6M | Add +3.4% |
| AMGN Amgen Inc. | 0.54% | 236,992 | $66.2M | Add +10.6% |
| MDLZ Mondelez International Inc. Class A | 0.53% | 972,220 | $65.6M | Add +15.8% |
| CMCSA Comcast Corp. Class A | 0.53% | 1,812,046 | $64.7M | Add +12.7% |
| ADP Automatic Data Processing | 0.51% | 202,066 | $62.3M | Add +18.2% |
| GILD Gilead Sciences Inc. | 0.51% | 560,937 | $62.2M | Add +5.6% |
| MU Micron Technology Inc. | 0.49% | 489,957 | $60.4M | Add +18.9% |
| HON Honeywell International Inc. | 0.49% | 257,731 | $60.0M | Add +5.9% |
| SHW The Sherwin-Williams Co. | 0.48% | 170,993 | $58.7M | Reduce -4.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.47% | 194,076 | $57.2M | Reduce -18.2% |
| SNPS Synopsys Inc. | 0.46% | 109,703 | $56.2M | Add +20.5% |
| TXN Texas Instruments Inc. | 0.45% | 269,373 | $55.9M | Add +20.0% |
| INTU Intuit Inc. | 0.44% | 68,730 | $54.1M | Add +26.7% |
| DASH DoorDash Inc. Class A | 0.44% | 219,379 | $54.1M | Add +23.6% |
| KO The Coca-Cola Co. | 0.43% | 747,230 | $52.9M | Reduce -10.7% |
| SBUX Starbucks Corp. | 0.43% | 575,689 | $52.8M | Add +9.5% |
| ADI Analog Devices Inc. | 0.42% | 218,693 | $52.1M | Add +16.4% |
| ISRG Intuitive Surgical Inc. | 0.42% | 95,463 | $51.9M | Add +25.1% |
| IVV iShares Core S&P 500 ETF | 0.42% | 82,471 | $51.2M | Add +95.7% |
| JNJ Johnson & Johnson | 0.42% | 334,597 | $51.1M | Add +10.3% |
| MCD McDonald's Corp. | 0.41% | 171,755 | $50.2M | Add +5.3% |
| KLAC KLA Corp. | 0.40% | 55,349 | $49.6M | Add +18.2% |
| MRK Merck & Co. Inc. | 0.39% | 613,195 | $48.5M | Add +22.6% |
| XOM Exxon Mobil Corp. | 0.39% | 445,741 | $48.1M | Add +5.0% |
| FTNT Fortinet Inc. | 0.39% | 454,114 | $48.0M | Add +5.7% |
| GS Goldman Sachs Group Inc. | 0.38% | 65,979 | $46.7M | Reduce -8.2% |
| SHY iShares 1-3 Year Treasury Bo | 0.38% | 559,978 | $46.4M | Add +11.6% |
| UNP Union Pacific Corp. | 0.37% | 199,809 | $46.0M | Reduce -1.3% |
| ABBV Abbvie Inc. | 0.37% | 243,289 | $45.2M | Reduce -0.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.37% | 101,220 | $45.1M | Reduce -0.8% |
| JCI Johnson Controls Internation | 0.36% | 423,563 | $44.7M | Reduce -1.1% |
| NOW ServiceNow Inc. | 0.36% | 42,945 | $44.2M | Reduce -11.3% |
| VZ Verizon Communications Inc. | 0.36% | 1,019,677 | $44.1M | Reduce -3.0% |
| ZTS Zoetis Inc. | 0.36% | 282,647 | $44.1M | Add +4.9% |
| CVX Chevron Corp. | 0.35% | 304,263 | $43.6M | Add +7.6% |
| ORLY O'reilly Automotive Inc. | 0.33% | 447,835 | $40.4M | Add +32.8% |
| CMG Chipotle Mexican Grill Inc. | 0.33% | 717,138 | $40.3M | Add +11.0% |
| CEG Constellation Energy | 0.33% | 124,262 | $40.1M | Add +18.3% |
| ICE Intercontinental Exchange Inc. | 0.32% | 215,987 | $39.6M | Add +5.9% |
| DE Deere & Co. | 0.31% | 75,687 | $38.5M | Reduce -3.4% |
| HD Home Depot Inc. | 0.30% | 101,132 | $37.1M | Add +3.7% |
| APD Air Products & Chemicals Inc. | 0.29% | 128,400 | $36.2M | Reduce -9.2% |
| PM Philip Morris International | 0.29% | 198,371 | $36.1M | Reduce -12.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.29% | 70,379 | $35.8M | Add +31.0% |
| CRM Salesforce Inc. | 0.29% | 128,594 | $35.1M | Add +4.8% |
| MDT Medtronic PLC | 0.28% | 399,924 | $34.9M | Reduce -6.6% |
| DUK Duke Energy Corp. | 0.28% | 288,524 | $34.0M | Add +0.7% |
| NEE Nextera Energy Inc. | 0.28% | 489,580 | $34.0M | Reduce -0.7% |
| AEP American Electric Power | 0.28% | 327,250 | $34.0M | Reduce -1.0% |
| ADSK Autodesk Inc. | 0.27% | 108,849 | $33.7M | Add +5.0% |
| SNOW Snowflake Inc. | 0.27% | 148,453 | $33.2M | Reduce -0.2% |
| SHOP Shopify Inc. Class A | 0.27% | 286,580 | $33.1M | Add +4199.8% |
| WFC Wells Fargo & Co. | 0.26% | 406,303 | $32.6M | Add +13.2% |
| LIN Linde PLC | 0.26% | 68,746 | $32.3M | Reduce -53.9% |
| BLK BlackRock Inc. | 0.26% | 30,707 | $32.2M | Reduce -6.0% |
| MELI MercadoLibre Inc. | 0.26% | 12,031 | $31.4M | Add +22.1% |
| CTAS Cintas Corp. | 0.26% | 140,728 | $31.4M | Add +21.9% |
| BMY Bristol-Myers Squibb Co. | 0.25% | 669,451 | $31.0M | Add +0.3% |
| CMI Cummins Inc. | 0.24% | 91,669 | $30.0M | Reduce -3.6% |
| SLV iShares Silver Trust | 0.24% | 914,527 | $30.0M | Add +1557.6% |
| MNST Monster Beverage Corp. | 0.24% | 468,362 | $29.3M | Add +10.1% |
| BX Blackstone Inc. | 0.23% | 192,211 | $28.8M | Add +5.3% |
| WDAY Workday Inc. Class A | 0.23% | 118,781 | $28.5M | Add +28.5% |
| WMT Walmart Inc. | 0.23% | 290,151 | $28.4M | Add +28.9% |
| INTC Intel Corp. | 0.23% | 1,247,929 | $28.0M | Add +24.3% |
| PFE Pfizer Inc. | 0.23% | 1,147,164 | $27.8M | Reduce -2.2% |
| SYY Sysco Corp. | 0.22% | 360,173 | $27.3M | Reduce -11.9% |
| CPRT Copart Inc. | 0.22% | 552,075 | $27.1M | Add +27.4% |
| MRVL Marvell Technology Inc. | 0.22% | 345,740 | $26.8M | Add +11.5% |
| PG The Procter & Gamble Co. | 0.21% | 165,458 | $26.4M | Add +0.1% |
| APP AppLovin Corp. Class A | 0.21% | 74,768 | $26.2M | Add +7.0% |
| SRLN SS Blackstone Sr Loan ETF | 0.21% | 613,929 | $25.5M | Reduce -0.3% |
| UNH Unitedhealth Group Inc. | 0.21% | 81,278 | $25.4M | Reduce -9.5% |
| LULU Lululemon Athletica Inc. | 0.20% | 104,171 | $24.7M | Add +3.8% |
Options reported separately and not counted above: SPY puts ($135.7M), SPY calls ($135.7M).
Other holdings (2): bonds, preferreds, convertibles and warrants · $30.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 24,791,000 | $23.7M | Reduce -4.2% |
| 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: $12.3B.
Portfolio Sells Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -47.8% | 0.56% | −0.56 |
| LIN Linde PLC | Reduce -53.9% | 0.26% | −0.39 |
| UNH Unitedhealth Group Inc. | Reduce -9.5% | 0.21% | −0.24 |
| KO The Coca-Cola Co. | Reduce -10.7% | 0.43% | −0.13 |
| WM Waste Management Inc. | Reduce -0.8% | 0.73% | −0.13 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -90.2% | 0.01% | −0.12 |
| ABBV Abbvie Inc. | Reduce -0.5% | 0.37% | −0.11 |
| SHW The Sherwin-Williams Co. | Reduce -4.8% | 0.48% | −0.11 |
| NXPI NXP Semiconductors NV | Reduce -84.5% | 0.02% | −0.10 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -0.8% | 0.37% | −0.10 |
| APD Air Products & Chemicals Inc. | Reduce -9.2% | 0.29% | −0.10 |
| IBM Intl Business Machines Corp. | Reduce -18.2% | 0.47% | −0.09 |
| VZ Verizon Communications Inc. | Reduce -3.0% | 0.36% | −0.09 |
| MDT Medtronic PLC | Reduce -6.6% | 0.28% | −0.08 |
| UNP Union Pacific Corp. | Reduce -1.3% | 0.37% | −0.08 |
| CCEP Coca-Cola Europacific Partne | Sold out | 0.00% | −0.07 |
| SYY Sysco Corp. | Reduce -11.9% | 0.22% | −0.07 |
| CB Chubb Ltd. | Reduce -21.3% | 0.12% | −0.07 |
| EMN Eastman Chemical Co. | Reduce -2.5% | 0.16% | −0.06 |
| AEP American Electric Power | Reduce -1.0% | 0.28% | −0.06 |
| ETR Entergy Corp. | Reduce -14.1% | 0.16% | −0.06 |
| LOW Lowe's Cos Inc. | Reduce -10.0% | 0.17% | −0.06 |
| UPS United Parcel Service Class B | Reduce -3.3% | 0.19% | −0.06 |
| PFE Pfizer Inc. | Reduce -2.2% | 0.23% | −0.05 |
| BRO Brown & Brown Inc. | Reduce -16.2% | 0.10% | −0.05 |
| NEE Nextera Energy Inc. | Reduce -0.7% | 0.28% | −0.05 |
| AU Anglogold Ashanti PLC | Reduce -86.1% | 0.01% | −0.05 |
| T AT&T Inc. | Reduce -11.6% | 0.18% | −0.05 |
| TGT Target Corp. | Reduce -13.4% | 0.12% | −0.05 |
| EQIX Equinix Inc. | Reduce -11.9% | 0.14% | −0.05 |
| PM Philip Morris International | Reduce -12.2% | 0.29% | −0.04 |
| SPGI S&P Global Inc. | Reduce -42.3% | 0.04% | −0.04 |
| GFS Globalfoundries Inc. | Sold out | 0.00% | −0.04 |
| BLE BlackRock Muni Inc. TR II | Reduce -38.8% | 0.04% | −0.04 |
| LYB Lyondellbasell Indu Class A | Reduce -25.7% | 0.04% | −0.04 |
| DOW Dow Inc. | Reduce -16.2% | 0.05% | −0.04 |
| ITW Illinois Tool Works | Reduce -11.4% | 0.12% | −0.04 |
| CMI Cummins Inc. | Reduce -3.6% | 0.24% | −0.04 |
| DOV Dover Corp. | Reduce -12.6% | 0.13% | −0.04 |
| CVS CVS Health Corp. | Reduce -6.5% | 0.16% | −0.03 |
| AIZ Assurant Inc. | Reduce -4.9% | 0.12% | −0.03 |
| TEAM Atlassian Corp. Class A | Reduce -34.0% | 0.04% | −0.03 |
| MUA BlackRock Muniassets Fund | Reduce -18.4% | 0.07% | −0.03 |
| PSA Public Storage | Reduce -18.3% | 0.08% | −0.03 |
| XMYDX BlackRock Muniyield Fund | Reduce -18.1% | 0.07% | −0.03 |
| MMM 3M Co. | Reduce -32.1% | 0.05% | −0.03 |
| DE Deere & Co. | Reduce -3.4% | 0.31% | −0.03 |
| BFK BlackRock Municipal Inc. TRST | Reduce -32.1% | 0.04% | −0.03 |
| IP International Paper Co. | Reduce -31.2% | 0.03% | −0.03 |
| CWB SS SPDR BB Conv Sec ETF | Reduce -14.6% | 0.12% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +17.3% | 4.48% | +1.45 |
| MSFT Microsoft Corp. | Add +18.9% | 4.06% | +1.08 |
| AVGO Broadcom Inc. | Add +14.1% | 2.54% | +0.98 |
| META Meta Platforms Inc. Class A | Add +14.9% | 2.13% | +0.46 |
| NFLX Netflix Inc. | Add +25.2% | 1.19% | +0.42 |
| AMZN Amazon.com Inc. | Add +19.5% | 2.43% | +0.39 |
| PLTR Palantir Technologies Inc. Class A | Add +27.1% | 0.63% | +0.27 |
| SHOP Shopify Inc. Class A | Add +4199.8% | 0.27% | +0.26 |
| SLV iShares Silver Trust | Add +1557.6% | 0.24% | +0.23 |
| TSLA Tesla Inc. | Add +18.7% | 1.03% | +0.21 |
| AMD Advanced Micro Devices | Add +19.6% | 0.67% | +0.20 |
| IVV iShares Core S&P 500 ETF | Add +95.7% | 0.42% | +0.19 |
| BKNG Booking Holdings Inc. | Add +17.2% | 0.79% | +0.17 |
| GOOGL Alphabet Inc. Class A | Add +15.8% | 1.36% | +0.17 |
| MU Micron Technology Inc. | Add +18.9% | 0.49% | +0.15 |
| GOOG Alphabet Inc. Class C | Add +23.3% | 0.86% | +0.15 |
| DASH DoorDash Inc. Class A | Add +23.6% | 0.44% | +0.13 |
| CEG Constellation Energy | Add +18.3% | 0.33% | +0.13 |
| INTU Intuit Inc. | Add +26.7% | 0.44% | +0.13 |
| AMAT Applied Materials Inc. | Add +8.8% | 0.74% | +0.12 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +31.0% | 0.29% | +0.11 |
| LRCX Lam Research Corp. | Add +4.1% | 0.66% | +0.11 |
| COST Costco Wholesale Corp. | Add +21.0% | 1.21% | +0.10 |
| KLAC KLA Corp. | Add +18.2% | 0.40% | +0.10 |
| SNPS Synopsys Inc. | Add +20.5% | 0.46% | +0.09 |
| MSTR Strategy Inc. | Add +36.4% | 0.20% | +0.08 |
| TXN Texas Instruments Inc. | Add +20.0% | 0.45% | +0.08 |
| MELI MercadoLibre Inc. | Add +22.1% | 0.26% | +0.07 |
| ADI Analog Devices Inc. | Add +16.4% | 0.42% | +0.07 |
| ISRG Intuitive Surgical Inc. | Add +25.1% | 0.42% | +0.07 |
| AXON Axon Enterprise Inc. | Add +27.0% | 0.14% | +0.06 |
| CSCO Cisco Systems Inc. | Add +8.0% | 1.13% | +0.05 |
| ZS Zscaler Inc. | Add +10.5% | 0.15% | +0.05 |
| CDNS Cadence Design SYS Inc. | Add +30.3% | 0.19% | +0.05 |
| ORCL Oracle Corp. | Add +27.0% | 0.11% | +0.05 |
| MCHP Microchip Technology Inc. | Add +15.6% | 0.14% | +0.05 |
| WMT Walmart Inc. | Add +28.9% | 0.23% | +0.04 |
| DDOG Datadog Inc. Class A | Add +24.6% | 0.13% | +0.04 |
| APP AppLovin Corp. Class A | Add +7.0% | 0.21% | +0.04 |
| MRVL Marvell Technology Inc. | Add +11.5% | 0.22% | +0.04 |
| JMBS Janus Henderson Mortg Backed | Add +50.9% | 0.15% | +0.03 |
| ANET Arista Networks Inc. | Add +16.9% | 0.13% | +0.03 |
| CTAS Cintas Corp. | Add +21.9% | 0.26% | +0.03 |
| MAR Marriott International Class A | Add +25.5% | 0.15% | +0.03 |
| WDAY Workday Inc. Class A | Add +28.5% | 0.23% | +0.03 |
| PYPL PayPal Holdings Inc. | Add +23.2% | 0.16% | +0.03 |
| ADBE Adobe Inc. | Add +20.1% | 0.60% | +0.03 |
| CII BlackRock Enhan LRG Cap Core | Add +410.6% | 0.03% | +0.03 |
| TTD Trade Desk Inc./the Class A | Add +40.0% | 0.07% | +0.03 |
| ORLY O'reilly Automotive Inc. | Add +32.8% | 0.33% | +0.03 |
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +8.6% | 219,600 | $135.7M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +8.6% | 219,600 | $135.7M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | Reduce -4.2% | 24,791,000 | $23.7M |
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 | 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 |