Healthcare of Ontario Pension Plan Trust Fund
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Healthcare of Ontario Pension Plan Trust Fund reported 980 stock positions worth $44.9 billion. Its top holding was Apple (AAPL) at 5.2% of the portfolio, followed by Nvidia (NVDA, 4.4%) and iShares Russell 2000 ETF (IWM, 4.2%). Compared with Q4 2024, it opened 304 new positions, sold out of 189, added to 260 and reduced 301. The biggest buy was TC Energy (TRP, shares +550%) and the biggest sale an exit from Vanguard S&P 500 ETF (VOO).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001535845
- Portfolio Value
- $44.9B (Q1 2025)
- SEC Filing
- 0001535845-25-000006 ↗ filed May 14, 2025
Holdings Value
Holdings 980 stocks · $44.9B
| AAPL Apple Inc. | 5.19% | 10,482,691 | $2.3B | Add +28.7% |
| NVDA Nvidia Corp. | 4.45% | 18,419,077 | $2.0B | Reduce -15.3% |
| IWM iShares Russell 2000 ETF | 4.24% | 9,528,000 | $1.9B | Add +50.7% |
| MSFT Microsoft Corp. | 3.59% | 4,290,515 | $1.6B | Add +29.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.56% | 2,857,047 | $1.6B | Reduce -18.5% |
| IVV iShares Core S&P 500 ETF | 3.21% | 2,560,091 | $1.4B | Add +0.3% |
| QQQ Invesco QQQ Trust Series 1 | 3.03% | 2,903,000 | $1.4B | Add +5.5% |
| TRP TC Energy Corp. | 2.50% | 23,735,000 | $1.1B | Add +550.3% |
| JPM JPMorgan Chase & Co. | 2.03% | 3,713,398 | $910.9M | Add +2.1% |
| XBI SS SPDR S&P Biotech ETF | 1.53% | 8,486,000 | $688.2M | Add +64.3% |
| MA Mastercard Inc. Class A | 1.48% | 1,212,359 | $664.5M | Reduce -15.4% |
| META Meta Platforms Inc. Class A | 1.45% | 1,129,148 | $650.8M | Add +26.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.43% | 15,382,043 | $641.9M | Add +82.6% |
| XRT SS SPDR S&P Retail ETF | 1.17% | 7,590,000 | $524.4M | Add +24.6% |
| AMZN Amazon.com Inc. | 1.08% | 2,547,179 | $484.6M | Add +16.8% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.06% | 10,069,139 | $477.5M | Add +357.4% |
| BKLN Invesco Senior Loan ETF | 1.05% | 22,749,987 | $470.9M | No change |
| XOM Exxon Mobil Corp. | 1.01% | 3,797,898 | $451.7M | Add +112.8% |
| XLI SS Industrial Select Sector | 0.99% | 3,400,000 | $445.6M | Add +38.8% |
| RY Royal Bank of Canada | 0.92% | 3,651,807 | $411.5M | Reduce -35.5% |
| SOXX iShares Semiconductor ETF | 0.88% | 2,090,000 | $393.3M | Reduce -19.3% |
| SMH Vaneck Semiconductor ETF | 0.83% | 1,764,000 | $373.0M | Add +34.3% |
| XOP SS SPDR S&P Og Exp & Prod | 0.79% | 2,680,000 | $353.0M | Add +4.0% |
| COST Costco Wholesale Corp. | 0.78% | 371,736 | $351.6M | Add +39.1% |
| CNQ Canadian Natural Resources | 0.76% | 11,050,000 | $340.1M | Add +402.3% |
| CVX Chevron Corp. | 0.76% | 2,029,926 | $339.6M | Reduce -24.3% |
| CSCO Cisco Systems Inc. | 0.73% | 5,272,977 | $325.4M | Add +7.6% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 0.72% | 5,744,532 | $323.2M | Reduce -39.5% |
| IWB iShares Russell 1000 ETF | 0.65% | 949,000 | $291.1M | No change |
| PGR Progressive Corp. | 0.63% | 1,003,183 | $283.9M | Add +20.7% |
| XLP SS Consumer Staples Sel Sect | 0.62% | 3,422,000 | $279.5M | Add +6.2% |
| GOOG Alphabet Inc. Class C | 0.62% | 1,784,935 | $278.9M | Reduce -10.7% |
| NFLX Netflix Inc. | 0.62% | 296,669 | $276.7M | Add +147.5% |
| AVGO Broadcom Inc. | 0.61% | 1,626,402 | $272.3M | Reduce -52.1% |
| HD Home Depot Inc. | 0.57% | 702,557 | $257.5M | Add +13.5% |
| TXN Texas Instruments Inc. | 0.54% | 1,338,962 | $240.6M | Add +244.8% |
| KRE SS SPDR S&P Regional Bank | 0.53% | 4,150,000 | $235.9M | Add +64.5% |
| SRLN SS Blackstone Sr Loan ETF | 0.50% | 5,444,864 | $223.9M | No change |
| WMT Walmart Inc. | 0.49% | 2,482,655 | $218.0M | Add +311.0% |
| TD Toronto-Dominion Bank | 0.48% | 3,625,000 | $217.3M | Reduce -10.7% |
| XLV SS Health Care Select Sector | 0.48% | 1,460,000 | $213.2M | No change |
| TSLA Tesla Inc. | 0.46% | 804,053 | $208.4M | Add +77.8% |
| HDB HDFC Bank Ltd.-ADR | 0.44% | 3,004,700 | $199.6M | Add +62.2% |
| GOOGL Alphabet Inc. Class A | 0.44% | 1,266,386 | $195.8M | Reduce -41.6% |
| BP BP PLC-Spons ADR | 0.43% | 5,750,000 | $194.3M | Add +130.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 363,916 | $193.8M | Reduce -30.7% |
| CCI Crown Castle Inc. | 0.43% | 1,846,182 | $192.4M | Reduce -3.5% |
| EOG EOG Resources Inc. | 0.43% | 1,492,705 | $191.4M | Reduce -24.4% |
| RSP Invesco S&P 500 Equal Weight | 0.42% | 1,085,000 | $188.0M | Reduce -39.7% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.41% | 2,360,000 | $186.1M | Reduce -22.9% |
| EQIX Equinix Inc. | 0.40% | 218,161 | $177.9M | Add +400.4% |
| AMAT Applied Materials Inc. | 0.40% | 1,224,200 | $177.7M | Reduce -16.4% |
| CMCSA Comcast Corp. Class A | 0.39% | 4,795,830 | $177.0M | Reduce -1.8% |
| ETN Eaton Corp. PLC | 0.37% | 608,297 | $165.4M | Add +117.2% |
| XLE SS Energy Select Sector | 0.36% | 1,750,000 | $163.5M | Add +20.7% |
| ABT Abbott Laboratories | 0.36% | 1,231,929 | $163.4M | Reduce -20.6% |
| XLY SS Consumer Disc Select Sect | 0.36% | 820,000 | $161.9M | No change |
| ITW Illinois Tool Works | 0.35% | 641,185 | $159.0M | Reduce -4.9% |
| XLB SS Materials Select Sector | 0.34% | 1,800,000 | $154.8M | Add +20.0% |
| OIH Vaneck Oil Services ETF | 0.34% | 578,000 | $151.5M | No change |
| PBA Pembina Pipeline Corp. | 0.33% | 3,750,000 | $150.0M | New |
| LLY Eli Lilly & Co. | 0.32% | 176,394 | $145.7M | Reduce -30.8% |
| FLUT Flutter Entertainment PLC-Di | 0.32% | 649,021 | $143.8M | Add +31.7% |
| NEE Nextera Energy Inc. | 0.31% | 1,971,517 | $139.8M | Add +76.3% |
| KO The Coca-Cola Co. | 0.31% | 1,931,681 | $138.3M | Add +149.7% |
| PAYX Paychex Inc. | 0.31% | 894,329 | $138.0M | Add +6.7% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.30% | 1,432,634 | $136.8M | Reduce -11.9% |
| GE General Electric filed as GE AEROSPACE | 0.30% | 679,798 | $136.1M | Reduce -49.9% |
| QCOM Qualcomm Inc. | 0.30% | 884,715 | $135.9M | Add +184.0% |
| AMGN Amgen Inc. | 0.30% | 435,435 | $135.7M | Add +3.5% |
| PFE Pfizer Inc. | 0.30% | 5,259,564 | $133.3M | Add +1.3% |
| HBAN Huntington Bancshares Inc. | 0.30% | 8,876,332 | $133.2M | Add +195.9% |
| TMUS T-Mobile US Inc. | 0.29% | 492,485 | $131.4M | Add +51.4% |
| LIN Linde PLC | 0.29% | 280,797 | $130.8M | Add +40.4% |
| SCHW Schwab (charles) Corp. | 0.29% | 1,652,317 | $129.3M | Reduce -34.0% |
| INTC Intel Corp. | 0.27% | 5,339,663 | $121.3M | Add +3.9% |
| PSX Phillips 66 | 0.27% | 963,724 | $119.0M | Reduce -3.0% |
| ORCL Oracle Corp. | 0.26% | 841,341 | $117.6M | Add +1007.0% |
| SBUX Starbucks Corp. | 0.26% | 1,197,818 | $117.5M | Add +17.7% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.25% | 1,425,018 | $112.4M | Reduce -46.3% |
| TAL Tal Education Group- ADR | 0.25% | 8,414,500 | $111.2M | Reduce -15.1% |
| ITB iShares U.S. Home Constructi | 0.24% | 1,154,000 | $109.9M | Add +354.3% |
| LOW Lowe's Cos Inc. | 0.24% | 452,732 | $105.6M | Add +85.5% |
| EMR Emerson Electric Co. | 0.23% | 951,723 | $104.3M | Add +92.3% |
| MRSH Marsh & McLennan Cos | 0.23% | 426,856 | $104.2M | Reduce -8.2% |
| PLTR Palantir Technologies Inc. Class A | 0.23% | 1,223,250 | $103.2M | Add +29.8% |
| PEP Pepsico Inc. | 0.23% | 687,072 | $103.0M | Reduce -67.1% |
| IGV iShares Expanded Tech-Softwa | 0.23% | 1,150,000 | $102.3M | Reduce -4.2% |
| IBB iShares Biotechnology ETF | 0.23% | 800,000 | $102.3M | No change |
| AFL Aflac Inc. | 0.22% | 903,901 | $100.5M | Add +16.8% |
| EDU New Oriental Educatio-SP ADR | 0.22% | 2,100,500 | $100.4M | Add +19.3% |
| MCHP Microchip Technology Inc. | 0.22% | 2,035,704 | $98.5M | Add +72.5% |
| VZ Verizon Communications Inc. | 0.22% | 2,157,190 | $97.9M | Add +43.8% |
| UNH Unitedhealth Group Inc. | 0.22% | 185,781 | $97.3M | Reduce -45.9% |
| GS Goldman Sachs Group Inc. | 0.22% | 176,720 | $96.5M | Add +225.4% |
| NTR Nutrien Ltd. | 0.21% | 1,930,000 | $95.8M | New |
| MU Micron Technology Inc. | 0.21% | 1,088,296 | $94.6M | Reduce -34.8% |
| BIRK Birkenstock Holding PLC | 0.21% | 2,055,400 | $94.2M | Reduce -16.1% |
| QSR Restaurant Brands Intern | 0.21% | 1,400,000 | $93.3M | New |
| CME Cme Group Inc. | 0.21% | 351,096 | $93.1M | Reduce -38.0% |
Options reported separately and not counted above: SPY puts ($367.0M), HYG puts ($355.0M), SPY calls ($219.6M), HYG calls ($197.2M), TLT puts ($170.7M), LQD puts ($84.8M), TLT calls ($73.7M), XLF calls ($64.8M), XLE puts ($46.7M), QQQ puts ($28.1M), XLP puts ($20.4M), BNS calls ($13.8M), and 5 more.
Other holdings (99): bonds, preferreds, convertibles and warrants · $319.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 15,000,000 | $20.9M | New |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 15,500,000 | $20.0M | Add +106.7% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 400,000 | $19.8M | New |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 19,500,000 | $19.0M | Add +77.3% |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 250,000 | $16.3M | No change |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 16,000,000 | $15.0M | Add +60.0% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 11,000,000 | $14.1M | New |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 12,500,000 | $12.9M | New |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 270,000 | $12.9M | No change |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 12,500,000 | $12.8M | New |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 12,500,000 | $11.3M | New |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 10,000,000 | $10.4M | New |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 9,500,000 | $9.7M | Add +35.7% |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | 15,000,000 | $9.5M | Add +50.0% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 150,000 | $9.0M | Add +200.0% |
| SPIRIT AEROSYSTEMS INC (SPR 3.25 11/01/28) | NOTE 3.250%11/0 · principal | 6,500,000 | $8.9M | No change |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 5,000,000 | $8.6M | No change |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 7,500,000 | $7.9M | New |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 8,000,000 | $7.8M | New |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 8,000,000 | $7.8M | New |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | 12,500,000 | $7.2M | New |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 125,000 | $6.0M | New |
| IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26) | NOTE 1.500% 6/1 · principal | 6,750,000 | $6.0M | No change |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 4,000,000 | $5.9M | New |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 5,500,000 | $5.9M | New |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 5,000,000 | $4.9M | New |
| LENDINGTREE INC (TREE 0.5 07/15/25) | NOTE 0.500% 7/1 · principal | 5,000,000 | $4.9M | No change |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 5,000,000 | $4.7M | New |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 100,000 | $4.5M | New |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 4,000,000 | $4.0M | New |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 4,000,000 | $3.6M | New |
| CCIRW Cohen Circle Acquisition-29 | *W EXP 01/31/202 | 583,333 | $1.0M | New |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | 2,200,000 | $550K | New |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 2,475,000 | $495K | New |
| ACCOLADE INC (ACCD 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 500,000 | $492K | New |
| HVIIR Hennessy Capital Investment | RIGHT 01/17/2030 | 1,500,000 | $306K | New |
| OACCW Oaktree Acquisition III -31 | *W EXP 09/01/203 | 340,000 | $255K | New |
| ABLLW East Resources Acquis -CW27 | *W EXP 06/30/202 | 150,000 | $239K | No change |
| SBXWF Silverbox Corp. IV-A- 29 | *W EXP 08/19/202 | 666,666 | $233K | New |
| ARQQW Arqit Quantum Inc. -CW26 | *W EXP 09/03/202 | 113,344 | $226K | No change |
| LPBBW Launch Two Acquisition -29 | *W EXP 10/09/202 | 875,000 | $184K | New |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 600,000 | $180K | No change |
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | 125,000 | $176K | No change |
| GPATW GP-Act III Acq Class A -CW27 | *W EXP 05/13/202 | 937,500 | $174K | No change |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 650,000 | $163K | No change |
| SKGRW SK Growth Opportunities -29 | *W EXP 06/28/202 | 250,000 | $163K | No change |
| NE.WS Noble Corp. PLC-28 | *W EXP 02/04/202 | 9,343 | $154K | No change |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | 84,194 | $152K | No change |
| ALDFW Aldel Financial II Inc. - 29 | *W EXP 09/26/203 | 500,000 | $151K | New |
| CNCKW Coincheck Group NV | *W EXP 12/11/202 | 200,000 | $140K | No change |
| USA RARE EARTH INC | *W EXP 03/13/203 | 200,000 | $134K | New |
| NTWOW Newbury Street II Acq - 29 | *W EXP 06/01/203 | 600,000 | $132K | New |
| Colombier Acquisition - 29 | *W EXP 11/24/202 | 158,774 | $127K | No change |
| SVCCW Stellar V Capital Corp.-Class-29 | *W EXP 10/15/202 | 450,000 | $122K | New |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | 333,565 | $120K | New |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 | 375,000 | $117K | No change |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 375,000 | $109K | No change |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 175,000 | $109K | No change |
| FACTW Fact II Acquisition Corp. -29 | *W EXP 11/26/203 | 500,000 | $90K | New |
| PLMKW Plum Acquisition Corp. IV-30 | *W EXP 08/19/202 | 500,000 | $87K | New |
| UNITED HOMES GROUP INC | *W EXP 03/30/202 | 119,171 | $75K | No change |
| TDACW Translational Dev -A -CW26 | *W EXP 12/18/202 | 450,000 | $70K | New |
| ML.WS Moneylion Inc. -CW27 | *W EXP 09/22/202 | 250,000 | $66K | No change |
| LPAAW Launch One Acquisition - 29 | *W EXP 06/01/203 | 425,050 | $62K | No change |
| NOBLE CORP PLC-28 | *W EXP 02/04/202 | 9,343 | $58K | No change |
| AMBWQ Ambipar Emergency Respons-28 | *W EXP 03/03/202 | 200,000 | $50K | No change |
| SIMAW Sim Acquisition Corp. - 29 | *W EXP 06/01/203 | 375,000 | $49K | New |
| GRABW Grab Holdings Ltd.-CW 26 | *W EXP 99/99/999 | 117,374 | $45K | No change |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 225,000 | $44K | New |
| UWM HOLDINGS CORPORATION | *W EXP 01/21/202 | 250,000 | $44K | No change |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 100,000 | $41K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 175,000 | $37K | No change |
| BBAI.WS Bigbear.ai Holdings -CW28 | *W EXP 12/08/202 | 33,333 | $27K | No change |
| RBOT.WS Vicarious Surgical Inc.-CW27 | *W EXP 09/17/202 | 625,000 | $22K | No change |
| MDAIW Spectral AI -CW27 | *W EXP 09/11/202 | 66,666 | $17K | No change |
| ARKOW Arko Corp. -CW25 | *W EXP 12/22/202 | 333,333 | $17K | No change |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | 125,000 | $17K | No change |
| CELULARITY INC | *W EXP 07/16/202 | 350,000 | $14K | No change |
| SPWRW Sunpower Inc.-CW27 | *W EXP 07/31/202 | 62,500 | $14K | No change |
| LOTWW Lotus Technology Inc.-28 | *W EXP 02/22/202 | 94,133 | $14K | No change |
| CUBWW Lionheart Holdings - WT | *W EXP 06/07/203 | 93,325 | $11K | New |
| PGYWW Pagaya Technologies Ltd. -27 | *W EXP 99/99/999 | 66,666 | $9K | No change |
| GBGWF Global Blue Group Holding AG | *W EXP 08/28/202 | 379,410 | $8K | No change |
| RNWWW Renew Energy Global -CW26 | *W EXP 08/21/202 | 76,085 | $8K | No change |
| LDTDF Prospector Leddartech Alm-28 | *W EXP 12/21/202 | 145,701 | $8K | No change |
| AMPWF Ardagh Metal Packaging -CW26 | *W EXP 08/04/202 | 400,000 | $7K | No change |
| GDEV INC | *W EXP 99/99/999 | 259,582 | $6K | No change |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 | 50,000 | $6K | No change |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 101,400 | $5K | No change |
| LVWR.WS Livewire Group Inc.-27 | *W EXP 09/26/202 | 250,000 | $5K | No change |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | 65,694 | $5K | No change |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 75,000 | $3K | No change |
| STLNW Oncology Institute Inc. CW-22 | *W EXP 99/99/999 | 87,500 | $2K | No change |
| ALURW Allurion Technologies-28 | *W EXP 08/01/203 | 56,005 | $2K | No change |
| SWVLW Pivotal Holdings Corp. -CW27 | *W EXP 99/99/999 | 96,266 | $1K | No change |
| HOFVW Hall of Fame Resort -CW | *W EXP 07/01/202 | 425,000 | $1K | No change |
| SSTPW SYSTEM1 Inc.-CW | *W EXP 01/27/202 | 8,350 | $166 | No change |
| PIIIW P3 Health Partne -CW27 | *W EXP 11/19/202 | 8,333 | $100 | No change |
| BFLYW Butterfly Network Inc. -CW25 | *W EXP 02/12/202 | 333 | $30 | No change |
Total filed on the 13F, all lines: $45.2B.
Portfolio Sells Q4 2024 → Q1 2025
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −2.43 |
| NVDA Nvidia Corp. | Reduce -15.3% | 4.45% | −1.84 |
| AVGO Broadcom Inc. | Reduce -52.1% | 0.61% | −1.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -18.5% | 3.56% | −0.87 |
| CM Can Imperial BK of Commerce | Reduce -39.5% | 0.72% | −0.57 |
| NXPI NXP Semiconductors NV | Reduce -73.9% | 0.19% | −0.57 |
| RY Royal Bank of Canada | Reduce -35.5% | 0.92% | −0.55 |
| PEP Pepsico Inc. | Reduce -67.1% | 0.23% | −0.46 |
| GOOGL Alphabet Inc. Class A | Reduce -41.6% | 0.44% | −0.45 |
| MRK Merck & Co. Inc. | Reduce -79.4% | 0.10% | −0.41 |
| IBM Intl Business Machines Corp. | Reduce -96.7% | 0.01% | −0.38 |
| DE Deere & Co. | Reduce -99.2% | 0.00% | −0.34 |
| SOXX iShares Semiconductor ETF | Reduce -19.3% | 0.88% | −0.33 |
| SU Suncor Energy Inc. | Sold out | 0.00% | −0.26 |
| RSP Invesco S&P 500 Equal Weight | Reduce -39.7% | 0.42% | −0.26 |
| AMD Advanced Micro Devices | Reduce -55.9% | 0.16% | −0.26 |
| BX Blackstone Inc. | Reduce -66.5% | 0.09% | −0.23 |
| AJG Arthur J Gallagher & Co. | Reduce -90.6% | 0.03% | −0.21 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -46.3% | 0.25% | −0.20 |
| DLR Digital Realty Trust Inc. | Reduce -54.8% | 0.12% | −0.20 |
| GOOG Alphabet Inc. Class C | Reduce -10.7% | 0.62% | −0.20 |
| GE General Electric | Reduce -49.9% | 0.30% | −0.18 |
| SPGI S&P Global Inc. | Reduce -97.9% | 0.00% | −0.18 |
| MPWR Monolithic Power Systems Inc. | Reduce -99.6% | 0.00% | −0.18 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.16 |
| IYR iShares US Real Estate ETF | Reduce -84.2% | 0.03% | −0.16 |
| UNH Unitedhealth Group Inc. | Reduce -45.9% | 0.22% | −0.16 |
| ETSY Etsy Inc. | Sold out | 0.00% | −0.15 |
| TGT Target Corp. | Reduce -98.9% | 0.00% | −0.15 |
| MDT Medtronic PLC | Reduce -95.9% | 0.01% | −0.15 |
| PYPL PayPal Holdings Inc. | Reduce -62.1% | 0.06% | −0.15 |
| FUTU Futu Holdings Ltd.-ADR | Sold out | 0.00% | −0.15 |
| MA Mastercard Inc. Class A | Reduce -15.4% | 1.48% | −0.15 |
| GILD Gilead Sciences Inc. | Reduce -60.9% | 0.14% | −0.14 |
| CRH CRH PLC | Reduce -90.0% | 0.02% | −0.14 |
| EA Electronic Arts Inc. | Reduce -79.4% | 0.04% | −0.14 |
| CVNA Carvana Co. | Reduce -52.9% | 0.14% | −0.14 |
| MCD McDonald's Corp. | Reduce -96.0% | 0.01% | −0.13 |
| FTNT Fortinet Inc. | Reduce -53.4% | 0.12% | −0.12 |
| ON On Semiconductor | Reduce -10.6% | 0.18% | −0.12 |
| AMAT Applied Materials Inc. | Reduce -16.4% | 0.40% | −0.12 |
| MAR Marriott International Class A | Reduce -27.4% | 0.21% | −0.12 |
| CDNS Cadence Design SYS Inc. | Reduce -57.3% | 0.07% | −0.11 |
| SCHW Schwab (charles) Corp. | Reduce -34.0% | 0.29% | −0.11 |
| HUM Humana Inc. | Reduce -99.3% | 0.00% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -30.8% | 0.32% | −0.10 |
| EOG EOG Resources Inc. | Reduce -24.4% | 0.43% | −0.10 |
| ADP Automatic Data Processing | Reduce -46.9% | 0.13% | −0.09 |
| SYY Sysco Corp. | Reduce -62.1% | 0.06% | −0.09 |
| MU Micron Technology Inc. | Reduce -34.8% | 0.21% | −0.09 |
Portfolio Buys Q4 2024 → Q1 2025
| TRP TC Energy Corp. | Add +550.3% | 2.50% | +2.13 |
| IWM iShares Russell 2000 ETF | Add +50.7% | 4.24% | +1.23 |
| BNS Bank of Nova Scotia | Add +357.4% | 1.06% | +0.81 |
| AAPL Apple Inc. | Add +28.7% | 5.19% | +0.80 |
| BAC Bank of America Corp. | Add +82.6% | 1.43% | +0.63 |
| CNQ Canadian Natural Resources | Add +402.3% | 0.76% | +0.61 |
| XOM Exxon Mobil Corp. | Add +112.8% | 1.01% | +0.59 |
| MSFT Microsoft Corp. | Add +29.0% | 3.59% | +0.57 |
| XBI SS SPDR S&P Biotech ETF | Add +64.3% | 1.53% | +0.53 |
| NFLX Netflix Inc. | Add +147.5% | 0.62% | +0.39 |
| TXN Texas Instruments Inc. | Add +244.8% | 0.54% | +0.38 |
| WMT Walmart Inc. | Add +311.0% | 0.49% | +0.37 |
| PBA Pembina Pipeline Corp. | New | 0.33% | +0.33 |
| META Meta Platforms Inc. Class A | Add +26.7% | 1.45% | +0.33 |
| EQIX Equinix Inc. | Add +400.4% | 0.40% | +0.31 |
| XLI SS Industrial Select Sector | Add +38.8% | 0.99% | +0.30 |
| BP BP PLC-Spons ADR | Add +130.0% | 0.43% | +0.27 |
| COST Costco Wholesale Corp. | Add +39.1% | 0.78% | +0.26 |
| ORCL Oracle Corp. | Add +1007.0% | 0.26% | +0.23 |
| NTR Nutrien Ltd. | New | 0.21% | +0.21 |
| QSR Restaurant Brands Intern | New | 0.21% | +0.21 |
| KO The Coca-Cola Co. | Add +149.7% | 0.31% | +0.20 |
| PGR Progressive Corp. | Add +20.7% | 0.63% | +0.20 |
| QCOM Qualcomm Inc. | Add +184.0% | 0.30% | +0.20 |
| KRE SS SPDR S&P Regional Bank | Add +64.5% | 0.53% | +0.20 |
| HBAN Huntington Bancshares Inc. | Add +195.9% | 0.30% | +0.19 |
| HDB HDFC Bank Ltd.-ADR | Add +62.2% | 0.44% | +0.19 |
| ITB iShares U.S. Home Constructi | Add +354.3% | 0.24% | +0.19 |
| ETN Eaton Corp. PLC | Add +117.2% | 0.37% | +0.17 |
| JPM JPMorgan Chase & Co. | Add +2.1% | 2.03% | +0.15 |
| GS Goldman Sachs Group Inc. | Add +225.4% | 0.22% | +0.15 |
| SMH Vaneck Semiconductor ETF | Add +34.3% | 0.83% | +0.15 |
| NEE Nextera Energy Inc. | Add +76.3% | 0.31% | +0.14 |
| TMUS T-Mobile US Inc. | Add +51.4% | 0.29% | +0.14 |
| HES Hess Corp. | Add +212.3% | 0.18% | +0.13 |
| MCO Moody's Corp. | Add +495.6% | 0.16% | +0.13 |
| GLNG Golar LNG Ltd. | Add +1136.3% | 0.14% | +0.13 |
| DUK Duke Energy Corp. | New | 0.12% | +0.12 |
| XRT SS SPDR S&P Retail ETF | Add +24.6% | 1.17% | +0.12 |
| HSAI Hesai Group | New | 0.12% | +0.12 |
| CHTR Charter Communications Inc. Class A | Add +277.6% | 0.16% | +0.12 |
| CHX Championx Corp. | Add +111.3% | 0.20% | +0.11 |
| SOBO South Bow Corp. | Add +66666566.7% | 0.11% | +0.11 |
| BKR Baker Hughes Co. | Add +354.6% | 0.14% | +0.11 |
| LIN Linde PLC | Add +40.4% | 0.29% | +0.11 |
| LOW Lowe's Cos Inc. | Add +85.5% | 0.24% | +0.11 |
| NOW ServiceNow Inc. | Add +73746.8% | 0.10% | +0.10 |
| CRDO Credo Technology Group Holdi | Add +318.2% | 0.17% | +0.10 |
| EMR Emerson Electric Co. | Add +92.3% | 0.23% | +0.10 |
| CSCO Cisco Systems Inc. | Add +7.6% | 0.73% | +0.10 |
Options Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +72.6% | 656,000 | $367.0M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +62.2% | 4,500,000 | $355.0M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +180.4% | 392,500 | $219.6M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | call | New | 2,500,000 | $197.2M |
| TLT iShares 20+ Year Treasury BD | put | Add +200.0% | 1,875,000 | $170.7M |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | put | Add +420.0% | 780,000 | $84.8M |
| TLT iShares 20+ Year Treasury BD | call | Add +62.0% | 810,000 | $73.7M |
| XLF SS Financial Select Sector | call | Add +79.3% | 1,300,000 | $64.8M |
| XLE SS Energy Select Sector | put | New | 500,000 | $46.7M |
| QQQ Invesco QQQ Trust Series 1 | call | Sold out | 63,500 | $32.5Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | New | 60,000 | $28.1M |
| XLP SS Consumer Staples Sel Sect | put | Add +100.0% | 250,000 | $20.4M |
| INDA iShares MSCI India ETF | call | Sold out | 262,500 | $13.8Mbefore exit |
| XLC SS Comm Select Sector SPDR | call | New | 125,000 | $12.1M |
| EFA iShares MSCI Eafe ETF | put | New | 140,000 | $11.4M |
| ACI Albertsons Cos Inc. Class A | call | Sold out | 385,000 | $7.6Mbefore exit |
| EWJ iShares MSCI Japan ETF | call | Sold out | 100,000 | $6.7Mbefore exit |
| EWZ iShares MSCI Brazil ETF | call | Sold out | 250,000 | $5.6Mbefore exit |
| EEM iShares MSCI Emerging Market | call | Sold out | 100,000 | $4.2Mbefore exit |
| JETS US Global Jets ETF | call | New | 200,000 | $4.2M |
| KRE SS SPDR S&P Regional Bank | put | Sold out | 30,000 | $1.8Mbefore exit |
| PROSHARES TR II | put | New | 45,000 | $1.1M |
| LCID Lucid Group Inc. | put | New | 50,000 | $121K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | Sold out | 10,000,000 | $21.7Mbefore exit |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | New | 15,000,000 | $20.9M |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Sold out | 8,000,000 | $20.1Mbefore exit |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Add +106.7% | 15,500,000 | $20.0M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | New | 400,000 | $19.8M |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | Add +77.3% | 19,500,000 | $19.0M |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | Sold out | 15,000,000 | $17.6Mbefore exit |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | Add +60.0% | 16,000,000 | $15.0M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | New | 11,000,000 | $14.1M |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Sold out | 8,500,000 | $13.6Mbefore exit |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | New | 12,500,000 | $12.9M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | New | 12,500,000 | $12.8M |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | New | 12,500,000 | $11.3M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Sold out | 10,000,000 | $10.7Mbefore exit |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | New | 10,000,000 | $10.4M |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | Add +35.7% | 9,500,000 | $9.7M |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | Sold out | 7,500,000 | $9.7Mbefore exit |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Sold out | 10,000,000 | $9.7Mbefore exit |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | Add +50.0% | 15,000,000 | $9.5M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +200.0% | 150,000 | $9.0M |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | Sold out | 7,000,000 | $8.4Mbefore exit |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | New | 7,500,000 | $7.9M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | New | 8,000,000 | $7.8M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | New | 8,000,000 | $7.8M |
| LIVENT CORP (LTHM 4.125 07/15/25) | NOTE 4.125% 7/1 · principal | Sold out | 5,000,000 | $7.3Mbefore exit |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | New | 12,500,000 | $7.2M |
| SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) | NOTE 3.500%12/0 · principal | Sold out | 5,000,000 | $6.8Mbefore exit |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Sold out | 5,000,000 | $6.7Mbefore exit |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Sold out | 5,500,000 | $6.3Mbefore exit |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Sold out | 5,000,000 | $6.0Mbefore exit |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | New | 125,000 | $6.0M |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | New | 4,000,000 | $5.9M |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | Sold out | 6,000,000 | $5.9Mbefore exit |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | New | 5,500,000 | $5.9M |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Sold out | 5,000,000 | $5.5Mbefore exit |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Sold out | 5,000,000 | $5.2Mbefore exit |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Sold out | 5,000,000 | $5.1Mbefore exit |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | New | 5,000,000 | $4.9M |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | New | 5,000,000 | $4.7M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Sold out | 5,000,000 | $4.5Mbefore exit |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Sold out | 5,000,000 | $4.5Mbefore exit |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | New | 100,000 | $4.5M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Sold out | 5,000,000 | $4.5Mbefore exit |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | New | 4,000,000 | $4.0M |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | New | 4,000,000 | $3.6M |
| CCIRW Cohen Circle Acquisition-29 | *W EXP 01/31/202 | New | 583,333 | $1.0M |
| GRND.WS Grindr Inc. -26 | *W EXP 11/18/202 | Sold out | 137,500 | $928Kbefore exit |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | New | 2,200,000 | $550K |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | New | 2,475,000 | $495K |
| ACCOLADE INC (ACCD 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | New | 500,000 | $492K |
Showing the first 50 of 68.
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 | 1,249 | $69.7B | NVDA, IVV, JPM, IWM, XBI |
| Q1 2026 | 1,281 | $60.0B | NVDA, JPM, AAPL, CNQ, IVV |
| Q4 2025 | 1,219 | $58.7B | NVDA, SPY, QQQ, IVV, AAPL |
| Q3 2025 | 1,021 | $53.6B | NVDA, SPY, IVV, AAPL, AVGO |
| Q2 2025 | 937 | $49.4B | SPY, NVDA, MSFT, IVV, QQQ |
| Q1 2025 | 980 | $44.9B | AAPL, NVDA, IWM, MSFT, SPY |
| Q4 2024 | 865 | $46.4B | NVDA, SPY, AAPL, IVV, QQQ |
| Q3 2024 | 877 | $40.9B | IWM, SPY, AAPL, NVDA, MSFT |
| Q2 2024Amended | 882 | $33.7B | SPY, IWM, AAPL, MSFT, QQQ |
| Q1 2024 | 815 | $28.4B | SPY, IWM, MSFT, AAPL, QQQ |