Invesco Ltd.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 19, 2026), Invesco Ltd. reported 3,663 stock positions worth $1.06 trillion. Its top holding was Nvidia (NVDA) at 6.0% of the portfolio, followed by Apple (AAPL, 5.0%) and Microsoft (MSFT, 4.8%). Compared with Q3 2025, it opened 121 new positions, sold out of 155, added to 1,999 and reduced 1,525. The biggest buy was Apple (AAPL, shares +164%) and the biggest sale Oracle (ORCL, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0000914208
- Portfolio Value
- $1.06T (Q4 2025)
- SEC Filing
- 0000914208-26-000071 ↗ filed Feb 19, 2026
Holdings Value
Holdings 3,663 stocks · $1.06T
| NVDA Nvidia Corp. | 6.01% | 340,990,712 | $63.6B | Add +138.8% |
| AAPL Apple Inc. | 4.98% | 193,716,625 | $52.7B | Add +163.6% |
| MSFT Microsoft Corp. | 4.83% | 105,717,883 | $51.1B | Add +133.3% |
| AMZN Amazon.com Inc. | 3.20% | 146,600,886 | $33.8B | Add +154.0% |
| GOOGL Alphabet Inc. Class A | 2.74% | 92,740,783 | $29.0B | Add +105.2% |
| META Meta Platforms Inc. Class A | 2.63% | 42,100,190 | $27.8B | Add +145.4% |
| AVGO Broadcom Inc. | 2.39% | 73,081,113 | $25.3B | Add +86.7% |
| TSLA Tesla Inc. | 2.25% | 52,979,482 | $23.8B | Add +255.6% |
| GOOG Alphabet Inc. Class C | 1.96% | 66,050,115 | $20.7B | Add +206.8% |
| PLTR Palantir Technologies Inc. Class A | 1.24% | 73,735,540 | $13.1B | Add +238.3% |
| NFLX Netflix Inc. | 1.23% | 138,659,488 | $13.0B | Add +198.6% |
| COST Costco Wholesale Corp. | 1.16% | 14,285,297 | $12.3B | Add +241.3% |
| CSCO Cisco Systems Inc. | 1.08% | 148,603,018 | $11.4B | Add +177.2% |
| AMD Advanced Micro Devices | 1.05% | 52,049,269 | $11.1B | Add +289.9% |
| MU Micron Technology Inc. | 0.95% | 35,059,559 | $10.0B | Add +264.4% |
| LRCX Lam Research Corp. | 0.83% | 51,039,689 | $8.7B | Add +140.9% |
| APP AppLovin Corp. Class A | 0.75% | 11,731,658 | $7.9B | Add +173.3% |
| TMUS T-Mobile US Inc. | 0.65% | 33,859,154 | $6.9B | Add +328.4% |
| ISRG Intuitive Surgical Inc. | 0.65% | 12,092,922 | $6.8B | Add +243.8% |
| LIN Linde PLC | 0.64% | 15,892,890 | $6.8B | Add +270.7% |
| TXN Texas Instruments Inc. | 0.63% | 38,597,928 | $6.7B | Add +134.8% |
| SHOP Shopify Inc. Class A | 0.63% | 41,493,470 | $6.7B | Add +224.8% |
| AMAT Applied Materials Inc. | 0.63% | 25,883,548 | $6.7B | Add +224.1% |
| INTU Intuit Inc. | 0.61% | 9,704,256 | $6.4B | Add +158.3% |
| QCOM Qualcomm Inc. | 0.59% | 36,706,881 | $6.3B | Add +271.8% |
| PEP Pepsico Inc. | 0.58% | 42,894,551 | $6.2B | Add +215.0% |
| BKNG Booking Holdings Inc. | 0.57% | 1,116,923 | $6.0B | Add +175.7% |
| INTC Intel Corp. | 0.55% | 156,761,162 | $5.8B | Add +228.9% |
| AMGN Amgen Inc. | 0.52% | 16,886,086 | $5.5B | Add +278.0% |
| KLAC KLA Corp. | 0.52% | 4,538,425 | $5.5B | Add +202.0% |
| GILD Gilead Sciences Inc. | 0.50% | 43,457,808 | $5.3B | Add +187.1% |
| ADBE Adobe Inc. | 0.48% | 14,523,362 | $5.1B | Add +201.2% |
| ADI Analog Devices Inc. | 0.44% | 17,359,277 | $4.7B | Add +157.9% |
| JPM JPMorgan Chase & Co. | 0.44% | 14,448,897 | $4.7B | Reduce -1.4% |
| HON Honeywell International Inc. | 0.39% | 21,004,858 | $4.1B | Add +243.4% |
| PANW Palo Alto Networks Inc. | 0.37% | 21,508,000 | $4.0B | Add +306.6% |
| V Visa Inc. Class A | 0.37% | 11,045,373 | $3.9B | Reduce -7.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.36% | 8,224,587 | $3.9B | Add +233.5% |
| CEG Constellation Energy | 0.36% | 10,648,590 | $3.8B | Add +200.2% |
| CMCSA Comcast Corp. Class A | 0.35% | 124,984,610 | $3.7B | Add +217.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.34% | 7,852,733 | $3.6B | Add +274.5% |
| SBUX Starbucks Corp. | 0.32% | 40,153,705 | $3.4B | Add +195.4% |
| ADP Automatic Data Processing | 0.32% | 13,041,033 | $3.4B | Add +169.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.31% | 60,442,627 | $3.3B | Reduce -2.4% |
| WFC Wells Fargo & Co. | 0.31% | 35,115,575 | $3.3B | Reduce -5.4% |
| MAR Marriott International Class A | 0.31% | 10,469,185 | $3.2B | Add +142.2% |
| LLY Eli Lilly & Co. | 0.31% | 3,011,005 | $3.2B | Reduce -0.9% |
| ASML ASML Holding NV-NY Reg SHS | 0.30% | 2,949,896 | $3.2B | Add +247.2% |
| MELI MercadoLibre Inc. | 0.30% | 1,553,091 | $3.1B | Add +217.1% |
| MA Mastercard Inc. Class A | 0.29% | 5,422,493 | $3.1B | Reduce -4.2% |
| DASH DoorDash Inc. Class A | 0.29% | 13,660,141 | $3.1B | Add +114.9% |
| REGN Regeneron Pharmaceuticals | 0.29% | 3,911,496 | $3.0B | Add +163.5% |
| QQQM Invesco Nasdaq 100 ETF | 0.28% | 11,653,647 | $2.9B | Add +4.2% |
| GE General Electric filed as GE AEROSPACE | 0.27% | 9,280,276 | $2.9B | Add +2.1% |
| SNPS Synopsys Inc. | 0.27% | 6,036,456 | $2.8B | Add +220.1% |
| CDNS Cadence Design SYS Inc. | 0.27% | 8,970,902 | $2.8B | Add +204.8% |
| WMT Walmart Inc. | 0.26% | 25,017,967 | $2.8B | Reduce -8.0% |
| ORLY O'reilly Automotive Inc. | 0.25% | 28,964,084 | $2.6B | Add +206.9% |
| JNJ Johnson & Johnson | 0.25% | 12,725,881 | $2.6B | Reduce -6.5% |
| CVX Chevron Corp. | 0.25% | 17,119,575 | $2.6B | Add +1.5% |
| MNST Monster Beverage Corp. | 0.24% | 33,570,575 | $2.6B | Add +187.5% |
| PM Philip Morris International | 0.24% | 15,631,408 | $2.5B | Add +2.5% |
| CTAS Cintas Corp. | 0.24% | 13,228,504 | $2.5B | Add +172.4% |
| MRVL Marvell Technology Inc. | 0.23% | 29,201,844 | $2.5B | Add +188.8% |
| NXPI NXP Semiconductors NV | 0.23% | 11,228,885 | $2.4B | Add +136.1% |
| MDLZ Mondelez International Inc. Class A | 0.23% | 44,956,857 | $2.4B | Add +205.4% |
| GS Goldman Sachs Group Inc. | 0.23% | 2,730,452 | $2.4B | Reduce -6.3% |
| PDD PDD Holdings Inc. | 0.23% | 21,165,375 | $2.4B | Add +301.0% |
| WBD Warner Bros Discovery Inc. | 0.22% | 81,395,894 | $2.3B | Add +127.9% |
| CCEP Coca-Cola Europacific Partne | 0.22% | 25,708,221 | $2.3B | Add +64.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 4,554,935 | $2.3B | Reduce -2.8% |
| MPWR Monolithic Power Systems Inc. | 0.22% | 2,510,980 | $2.3B | Add +120.4% |
| AEP American Electric Power | 0.21% | 19,687,454 | $2.3B | Add +166.9% |
| WDC Western Digital Corp. | 0.21% | 13,136,498 | $2.3B | Add +196.2% |
| IDXX Idexx Laboratories Inc. | 0.21% | 3,296,177 | $2.2B | Add +149.7% |
| FTNT Fortinet Inc. | 0.21% | 27,539,508 | $2.2B | Add +154.6% |
| ROST Ross Stores Inc. | 0.20% | 12,033,181 | $2.2B | Add +158.4% |
| MRK Merck & Co. Inc. | 0.20% | 20,546,185 | $2.2B | Add +3.5% |
| CSX CSX Corp. | 0.20% | 59,575,133 | $2.2B | Add +244.7% |
| ADSK Autodesk Inc. | 0.20% | 7,178,743 | $2.1B | Add +223.8% |
| XOM Exxon Mobil Corp. | 0.20% | 17,367,358 | $2.1B | Add +3.4% |
| ABNB Airbnb Inc. Class A | 0.20% | 15,311,297 | $2.1B | Add +178.8% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.19% | 5,133,983 | $2.0B | Add +246.5% |
| PG The Procter & Gamble Co. | 0.19% | 14,233,468 | $2.0B | Reduce -5.5% |
| STX Seagate Technology Holdings | 0.19% | 7,356,719 | $2.0B | Add +306.2% |
| KO The Coca-Cola Co. | 0.19% | 28,520,214 | $2.0B | Add +6.7% |
| EA Electronic Arts Inc. | 0.19% | 9,675,137 | $2.0B | Add +124.2% |
| RSP Invesco S&P 500 Equal Weight | 0.18% | 10,144,784 | $1.9B | Add +4.6% |
| PYPL PayPal Holdings Inc. | 0.18% | 33,236,347 | $1.9B | Add +198.6% |
| CTSH Cognizant Tech Solutions-A | 0.18% | 23,265,730 | $1.9B | Add +85.6% |
| JCI Johnson Controls Internation | 0.18% | 16,003,486 | $1.9B | Add +13.0% |
| CVS CVS Health Corp. | 0.18% | 24,019,141 | $1.9B | Reduce -1.1% |
| ROP Roper Technologies Inc. | 0.18% | 4,280,185 | $1.9B | Add +155.2% |
| PCAR Paccar Inc. | 0.18% | 17,278,321 | $1.9B | Add +220.2% |
| AXON Axon Enterprise Inc. | 0.18% | 3,294,034 | $1.9B | Add +81.2% |
| ABBV Abbvie Inc. | 0.17% | 8,107,480 | $1.9B | Add +9.0% |
| PH Parker Hannifin Corp. | 0.17% | 2,105,493 | $1.9B | Reduce -8.5% |
| TTWO Take-Two Interactive Softwre | 0.17% | 7,040,470 | $1.8B | Add +145.1% |
| C Citigroup Inc. | 0.17% | 15,139,403 | $1.8B | Add +6.2% |
| UNH Unitedhealth Group Inc. | 0.17% | 5,309,788 | $1.8B | Add +23.1% |
Options reported separately and not counted above: WDC calls ($12.9M), SOFI calls ($9.1M), STX calls ($8.8M), PANW calls ($7.1M), MP calls ($4.5M), AXON calls ($4.5M).
Other holdings (76): bonds, preferreds, convertibles and warrants · $1.3B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 83,133,000 | $106.0M | Add +5.7% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 86,431,000 | $84.7M | No change |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 76,102,000 | $75.3M | No change |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 79,377,000 | $71.2M | No change |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 59,196,000 | $61.3M | No change |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 59,500,000 | $58.9M | No change |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 59,087,000 | $58.2M | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 45,855 | $55.6M | Reduce -25.7% |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 971,399 | $47.7M | No change |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 43,500,000 | $47.7M | Reduce -37.4% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 41,005,000 | $47.4M | No change |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 39,560,000 | $46.8M | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | 31,029,000 | $41.3M | Add +7.8% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 28,465,000 | $36.0M | No change |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 39,915,000 | $34.8M | Reduce -5.5% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 461,318 | $31.9M | Reduce -10.1% |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 28,685,000 | $27.9M | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 20,259 | $25.4M | Add +5.0% |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 30,686,000 | $25.0M | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 24,508,000 | $23.6M | No change |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 7,750,000 | $12.0M | Reduce -16.2% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 8,725,000 | $11.3M | Reduce -22.3% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 10,800,000 | $11.0M | Add +58.8% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 7,500,000 | $10.9M | Add +15.4% |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 10,000,000 | $10.7M | Reduce -9.9% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 204,898 | $10.6M | Add +33.7% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 140,281 | $10.6M | Reduce -5.1% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 7,500,000 | $9.4M | Reduce -16.7% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 152,800 | $9.1M | Add +19.6% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 130,000 | $8.7M | No change |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 159,918 | $8.1M | Add +1.1% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 5,000,000 | $7.8M | No change |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 137,000 | $7.1M | Reduce -30.5% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 1,500,000 | $6.9M | No change |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 3,000,000 | $6.9M | No change |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 2,000,000 | $6.7M | No change |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | 6,075,000 | $6.7M | New |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | 6,000,000 | $6.6M | New |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | 6,000,000 | $6.5M | No change |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 2,500,000 | $6.4M | No change |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 5,500,000 | $6.3M | No change |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 4,950,000 | $6.1M | Reduce -23.3% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 105,000 | $6.1M | Reduce -26.1% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 5,500,000 | $6.0M | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 4,500,000 | $6.0M | Add +12.5% |
| GUARDANT HEALTH INC (GH 1.25 02/15/31) | DEBT 1.250% 2/1 · principal | 3,250,000 | $5.9M | No change |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 4,005,000 | $5.9M | No change |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 142,300 | $5.8M | No change |
| GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | 3,550,000 | $5.7M | No change |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | 15,000 | $5.5M | Add +25.0% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 3,000,000 | $4.9M | Reduce -25.0% |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 3,475,000 | $4.8M | No change |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 4,000,000 | $4.7M | No change |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 82,500 | $4.5M | Reduce -25.0% |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 3,000,000 | $4.3M | Add +50.0% |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | 3,900,000 | $4.2M | New |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | 4,000,000 | $4.0M | New |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 3,500,000 | $3.9M | Reduce -31.7% |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 2,600,000 | $3.7M | No change |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 2,500,000 | $3.7M | New |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 3,600,000 | $3.6M | No change |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 3,000,000 | $3.2M | Reduce -51.2% |
| UPSTART HOLDINGS INC (UPST 2 10/01/29) | NOTE 2.000%10/0 · principal | 2,500,000 | $3.1M | New |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 2,500,000 | $3.1M | New |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 3,000,000 | $3.1M | No change |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 2,500,000 | $3.1M | Reduce -44.4% |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 2,000,000 | $3.0M | Add +100.0% |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | 2,000,000 | $3.0M | Reduce -50.0% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 2,500,000 | $2.7M | No change |
| SOUTHERN CO (SO 7.125 12/15/28 A) | UNIT 12/15/2028 | 50,000 | $2.5M | New |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 31,400 | $2.5M | Reduce -48.9% |
| PELOTON INTERACTIVE INC (PTON 5.5 12/01/29) | NOTE 5.500%12/0 · principal | 1,500,000 | $2.5M | No change |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 1,500,000 | $2.4M | New |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 18,000 | $2.3M | No change |
| WISDOMTREE INC (WT 3.25 08/15/29) | NOTE 3.250% 8/1 · principal | 1,600,000 | $1.9M | No change |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 1,000,000 | $1.5M | No change |
Total filed on the 13F, all lines: $1.06T.
Portfolio Sells Q3 2025 → Q4 2025
| ORCL Oracle Corp. | Reduce -29.6% | 0.13% | −0.32 |
| JPM JPMorgan Chase & Co. | Reduce -1.4% | 0.44% | −0.29 |
| V Visa Inc. Class A | Reduce -7.3% | 0.37% | −0.28 |
| MA Mastercard Inc. Class A | Reduce -4.2% | 0.29% | −0.22 |
| BAC Bank of America Corp. | Reduce -2.4% | 0.31% | −0.19 |
| WFC Wells Fargo & Co. | Reduce -5.4% | 0.31% | −0.18 |
| WMT Walmart Inc. | Reduce -8.0% | 0.26% | −0.18 |
| PG The Procter & Gamble Co. | Reduce -5.5% | 0.19% | −0.17 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.8% | 0.22% | −0.16 |
| JNJ Johnson & Johnson | Reduce -6.5% | 0.25% | −0.15 |
| ETN Eaton Corp. PLC | Reduce -15.0% | 0.11% | −0.15 |
| BSX Boston Scientific Corp. | Reduce -21.5% | 0.12% | −0.14 |
| GS Goldman Sachs Group Inc. | Reduce -6.3% | 0.23% | −0.14 |
| ANET Arista Networks Inc. | Reduce -24.6% | 0.09% | −0.14 |
| KKR KKR & Co. Inc. | Reduce -20.8% | 0.12% | −0.14 |
| ABT Abbott Laboratories | Reduce -4.4% | 0.16% | −0.14 |
| CRM Salesforce Inc. | Reduce -26.8% | 0.13% | −0.14 |
| T AT&T Inc. | Reduce -4.0% | 0.13% | −0.13 |
| NOW ServiceNow Inc. | Reduce -14.7% | 0.08% | −0.11 |
| CVS CVS Health Corp. | Reduce -1.1% | 0.18% | −0.11 |
| MS Morgan Stanley | Reduce -20.8% | 0.12% | −0.11 |
| PH Parker Hannifin Corp. | Reduce -8.5% | 0.17% | −0.10 |
| SYY Sysco Corp. | Reduce -1.3% | 0.11% | −0.10 |
| LOW Lowe's Cos Inc. | Reduce -9.9% | 0.10% | −0.09 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -13.9% | 0.07% | −0.09 |
| MCD McDonald's Corp. | Reduce -7.6% | 0.11% | −0.09 |
| GEV GE Vernova Inc. | Reduce -2.5% | 0.14% | −0.09 |
| VST Vistra Corp. | Reduce -21.4% | 0.05% | −0.09 |
| HWM Howmet Aerospace Inc. | Reduce -0.7% | 0.14% | −0.09 |
| LMT Lockheed Martin Corp. | Reduce -10.9% | 0.09% | −0.08 |
| AIG American International Group | Reduce -6.2% | 0.13% | −0.08 |
| PPL PPL Corp. | Reduce -1.3% | 0.10% | −0.08 |
| FIX Comfort Systems USA Inc. | Reduce -38.7% | 0.06% | −0.08 |
| PGR Progressive Corp. | Reduce -12.3% | 0.07% | −0.08 |
| CFG Citizens Financial Group | Reduce -5.5% | 0.13% | −0.08 |
| OMFL Invesco Russell 1000 DYN M/F | Reduce -1.4% | 0.11% | −0.08 |
| WELL Welltower Inc. | Reduce -1.3% | 0.12% | −0.08 |
| BX Blackstone Inc. | Reduce -40.6% | 0.04% | −0.08 |
| EWBC East West Bancorp Inc. | Reduce -10.3% | 0.10% | −0.07 |
| EMR Emerson Electric Co. | Reduce -6.0% | 0.10% | −0.07 |
| COR Cencora Inc. | Reduce -2.3% | 0.13% | −0.07 |
| IBM Intl Business Machines Corp. | Reduce -7.0% | 0.10% | −0.07 |
| SPOT Spotify Technology SA | Reduce -16.4% | 0.05% | −0.07 |
| ET Energy Transfer LP | Reduce -5.0% | 0.09% | −0.07 |
| SPGI S&P Global Inc. | Reduce -2.0% | 0.12% | −0.07 |
| NET Cloudflare Inc. Class A | Reduce -6.7% | 0.07% | −0.07 |
| ACM Aecom | Reduce -13.3% | 0.04% | −0.06 |
| COF Capital One Financial Corp. | Reduce -3.4% | 0.12% | −0.06 |
| CBRE CBRE Group Inc. Class A | Reduce -2.9% | 0.09% | −0.06 |
| RWL Invesco S&P 500 Revenue ETF | Reduce -1.9% | 0.10% | −0.06 |
Portfolio Buys Q3 2025 → Q4 2025
| AAPL Apple Inc. | Add +163.6% | 4.98% | +2.02 |
| NVDA Nvidia Corp. | Add +138.8% | 6.01% | +1.80 |
| TSLA Tesla Inc. | Add +255.6% | 2.25% | +1.21 |
| AMZN Amazon.com Inc. | Add +154.0% | 3.20% | +1.20 |
| GOOG Alphabet Inc. Class C | Add +206.8% | 1.96% | +1.13 |
| MSFT Microsoft Corp. | Add +133.3% | 4.83% | +1.12 |
| GOOGL Alphabet Inc. Class A | Add +105.2% | 2.74% | +1.01 |
| AMD Advanced Micro Devices | Add +289.9% | 1.05% | +0.71 |
| MU Micron Technology Inc. | Add +264.4% | 0.95% | +0.69 |
| META Meta Platforms Inc. Class A | Add +145.4% | 2.63% | +0.64 |
| PLTR Palantir Technologies Inc. Class A | Add +238.3% | 1.24% | +0.61 |
| COST Costco Wholesale Corp. | Add +241.3% | 1.16% | +0.55 |
| CSCO Cisco Systems Inc. | Add +177.2% | 1.08% | +0.50 |
| ISRG Intuitive Surgical Inc. | Add +243.8% | 0.65% | +0.40 |
| LRCX Lam Research Corp. | Add +140.9% | 0.83% | +0.38 |
| AMAT Applied Materials Inc. | Add +224.1% | 0.63% | +0.37 |
| TMUS T-Mobile US Inc. | Add +328.4% | 0.65% | +0.35 |
| AVGO Broadcom Inc. | Add +86.7% | 2.39% | +0.35 |
| NFLX Netflix Inc. | Add +198.6% | 1.23% | +0.35 |
| QCOM Qualcomm Inc. | Add +271.8% | 0.59% | +0.33 |
| SHOP Shopify Inc. Class A | Add +224.8% | 0.63% | +0.33 |
| AMGN Amgen Inc. | Add +278.0% | 0.52% | +0.32 |
| LIN Linde PLC | Add +270.7% | 0.64% | +0.32 |
| INTC Intel Corp. | Add +228.9% | 0.55% | +0.29 |
| PEP Pepsico Inc. | Add +215.0% | 0.58% | +0.28 |
| KLAC KLA Corp. | Add +202.0% | 0.52% | +0.27 |
| APP AppLovin Corp. Class A | Add +173.3% | 0.75% | +0.26 |
| GILD Gilead Sciences Inc. | Add +187.1% | 0.50% | +0.24 |
| BKNG Booking Holdings Inc. | Add +175.7% | 0.57% | +0.22 |
| ADBE Adobe Inc. | Add +201.2% | 0.48% | +0.21 |
| VRTX Vertex Pharmaceuticals Inc. | Add +274.5% | 0.34% | +0.21 |
| PANW Palo Alto Networks Inc. | Add +306.6% | 0.37% | +0.20 |
| INTU Intuit Inc. | Add +158.3% | 0.61% | +0.20 |
| HON Honeywell International Inc. | Add +243.4% | 0.39% | +0.18 |
| ADI Analog Devices Inc. | Add +157.9% | 0.44% | +0.18 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +233.5% | 0.36% | +0.17 |
| CEG Constellation Energy | Add +200.2% | 0.36% | +0.17 |
| ASML ASML Holding NV-NY Reg SHS | Add +247.2% | 0.30% | +0.17 |
| CMCSA Comcast Corp. Class A | Add +217.4% | 0.35% | +0.16 |
| TXN Texas Instruments Inc. | Add +134.8% | 0.63% | +0.16 |
| REGN Regeneron Pharmaceuticals | Add +163.5% | 0.29% | +0.15 |
| SBUX Starbucks Corp. | Add +195.4% | 0.32% | +0.14 |
| WDC Western Digital Corp. | Add +196.2% | 0.21% | +0.13 |
| MAR Marriott International Class A | Add +142.2% | 0.31% | +0.13 |
| STX Seagate Technology Holdings | Add +306.2% | 0.19% | +0.12 |
| SNPS Synopsys Inc. | Add +220.1% | 0.27% | +0.12 |
| FER Ferrovial NV | Add +2669.0% | 0.13% | +0.12 |
| MNST Monster Beverage Corp. | Add +187.5% | 0.24% | +0.12 |
| PDD PDD Holdings Inc. | Add +301.0% | 0.23% | +0.12 |
| MELI MercadoLibre Inc. | Add +217.1% | 0.30% | +0.11 |
Options Activity Q3 2025 → Q4 2025
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Sold out | 482,500 | $39.2Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | call | Sold out | 56,800 | $34.1Mbefore exit |
| WDC Western Digital Corp. | call | Add +9.5% | 75,000 | $12.9M |
| SOFI Sofi Technologies Inc. | call | Add +215.4% | 347,000 | $9.1M |
| STX Seagate Technology Holdings | call | Reduce -51.9% | 32,000 | $8.8M |
| CCL Carnival Corp. | call | Sold out | 190,000 | $5.5Mbefore exit |
| MP MP Materials Corp. | call | Reduce -9.1% | 90,000 | $4.5M |
| AXON Axon Enterprise Inc. | call | Reduce -11.1% | 8,000 | $4.5M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | Add +5.7% | 83,133,000 | $106.0M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -25.7% | 45,855 | $55.6M |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Reduce -37.4% | 43,500,000 | $47.7M |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | Add +7.8% | 31,029,000 | $41.3M |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | Reduce -5.5% | 39,915,000 | $34.8M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Reduce -10.1% | 461,318 | $31.9M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +5.0% | 20,259 | $25.4M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | Sold out | 7,675,000 | $14.5Mbefore exit |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | Reduce -16.2% | 7,750,000 | $12.0M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Reduce -22.3% | 8,725,000 | $11.3M |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Add +58.8% | 10,800,000 | $11.0M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Add +15.4% | 7,500,000 | $10.9M |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | Reduce -9.9% | 10,000,000 | $10.7M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Add +33.7% | 204,898 | $10.6M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -5.1% | 140,281 | $10.6M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Reduce -16.7% | 7,500,000 | $9.4M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Add +19.6% | 152,800 | $9.1M |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Sold out | 3,650,000 | $8.8Mbefore exit |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Add +1.1% | 159,918 | $8.1M |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | Sold out | 1,750,000 | $7.2Mbefore exit |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Reduce -30.5% | 137,000 | $7.1M |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | New | 6,075,000 | $6.7M |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | New | 6,000,000 | $6.6M |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Sold out | 71,000 | $6.5Mbefore exit |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Reduce -23.3% | 4,950,000 | $6.1M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Reduce -26.1% | 105,000 | $6.1M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Add +12.5% | 4,500,000 | $6.0M |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | Add +25.0% | 15,000 | $5.5M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Reduce -25.0% | 3,000,000 | $4.9M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Sold out | 4,050,000 | $4.6Mbefore exit |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | Reduce -25.0% | 82,500 | $4.5M |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Add +50.0% | 3,000,000 | $4.3M |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | Sold out | 4,000,000 | $4.2Mbefore exit |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | New | 3,900,000 | $4.2M |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 3,725,000 | $4.1Mbefore exit |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | New | 4,000,000 | $4.0M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Reduce -31.7% | 3,500,000 | $3.9M |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Sold out | 3,000,000 | $3.9Mbefore exit |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | New | 2,500,000 | $3.7M |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | Reduce -51.2% | 3,000,000 | $3.2M |
| UPSTART HOLDINGS INC (UPST 2 10/01/29) | NOTE 2.000%10/0 · principal | New | 2,500,000 | $3.1M |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | New | 2,500,000 | $3.1M |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | Reduce -44.4% | 2,500,000 | $3.1M |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | Add +100.0% | 2,000,000 | $3.0M |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | Sold out | 2,750,000 | $3.0Mbefore exit |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | Reduce -50.0% | 2,000,000 | $3.0M |
| SOUTHERN CO (SO 7.125 12/15/28 A) | UNIT 12/15/2028 | New | 50,000 | $2.5M |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | Reduce -48.9% | 31,400 | $2.5M |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | New | 1,500,000 | $2.4M |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | Sold out | 2,000,000 | $2.2Mbefore exit |
Showing the first 50 of 53.
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 | 3,722 | $1.26T | NVDA, AAPL, MU, MSFT, AMZN |
| Q1 2026Amended | 3,660 | $1.02T | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025Amended | 3,663 | $1.06T | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 3,694 | $633.2B | NVDA, MSFT, AAPL, AVGO, AMZN |
| Q2 2025 | 3,674 | $586.5B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 3,663 | $526.6B | MSFT, AAPL, NVDA, AMZN, META |
| Q4 2024 | 3,637 | $539.5B | NVDA, MSFT, AAPL, AMZN, META |
| Q3 2024 | 3,627 | $516.5B | MSFT, AAPL, NVDA, AMZN, META |
| Q2 2024 | 3,748 | $471.4B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2024 | 3,728 | $464.1B | MSFT, NVDA, AAPL, AMZN, META |