Kornitzer Capital Management Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Kornitzer Capital Management Inc. reported 453 stock positions worth $4.8 billion. Its top holding was Microsoft (MSFT) at 4.5% of the portfolio, followed by Apple (AAPL, 2.3%) and Eli Lilly (LLY, 2.1%). Compared with Q4 2024, it opened 19 new positions, sold out of 23, added to 108 and reduced 194. The biggest buy was Exxon Mobil (XOM, shares +0%) and the biggest sale Microsoft (MSFT, shares −2%).

Most Recent 13F
Q2 2026
Location
SHAWNEE MISSION, KS
CIK
0000898358
Portfolio Value
$4.8B (Q1 2025)
SEC Filing
0000898358-25-000007 ↗ filed May 2, 2025

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $5.4B Q1 2024 Q2 2024: $5.3B Q2 2024 Q3 2024: $5.4B Q3 2024 Q4 2024: $5.1B Q4 2024 Q1 2025: $4.8B $4.8B Q1 2025 Q2 2025: $4.9B Q2 2025 Q3 2025: $4.9B Q3 2025 Q4 2025: $4.8B Q4 2025 Q1 2026: $4.6B Q1 2026 Q2 2026: $4.8B Q2 2026

Holdings 453 stocks · $4.8B

MSFT Microsoft Corp. 4.49% 576,173 $216.3M Reduce -1.9%
AAPL Apple Inc. 2.28% 495,196 $110.0M Reduce -2.3%
LLY Eli Lilly & Co. 2.08% 121,595 $100.4M Reduce -4.7%
COST Costco Wholesale Corp. 1.95% 99,661 $94.3M Reduce -8.3%
HES Hess Corp. 1.92% 579,968 $92.6M Reduce -4.7%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 1.88% 263,227 $90.9M Reduce -6.7%
XOM Exxon Mobil Corp. 1.72% 698,969 $83.1M Add +0.3%
CVX Chevron Corp. 1.57% 453,123 $75.8M Reduce -0.4%
WM Waste Management Inc. 1.57% 326,270 $75.5M Reduce -3.5%
KMI Kinder Morgan Inc. 1.56% 2,637,939 $75.3M Reduce -0.3%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 1.36% 1,564,213 $65.4M Reduce -0.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.35% 262,729 $65.3M Reduce -0.5%
PG The Procter & Gamble Co. 1.31% 371,655 $63.3M Reduce -1.9%
PEP Pepsico Inc. 1.23% 394,647 $59.2M Reduce -0.2%
JNJ Johnson & Johnson 1.21% 353,188 $58.6M Add +1.2%
COP Conocophillips 1.17% 535,029 $56.2M Reduce -0.1%
GOOGL Alphabet Inc. Class A 1.16% 362,262 $56.0M Add +2.0%
CSCO Cisco Systems Inc. 1.14% 892,064 $55.0M Add +0.7%
QCOM Qualcomm Inc. 1.12% 351,288 $54.0M Reduce -2.1%
META Meta Platforms Inc. Class A 1.08% 90,266 $52.0M Reduce -1.5%
ABT Abbott Laboratories 1.07% 388,476 $51.5M Reduce -1.1%
AMZN Amazon.com Inc. 1.03% 261,171 $49.7M Add +1.0%
ALL Allstate Corp. 1.03% 239,219 $49.5M Reduce -2.5%
MRK Merck & Co. Inc. 0.98% 527,032 $47.3M Reduce -2.1%
WMT Walmart Inc. 0.98% 537,802 $47.2M Reduce -0.7%
KO The Coca-Cola Co. 0.97% 654,259 $46.9M Reduce -6.5%
VZ Verizon Communications Inc. 0.88% 940,057 $42.6M Add +0.9%
KMB Kimberly-Clark Corp. 0.86% 291,747 $41.5M Reduce -0.4%
GILD Gilead Sciences Inc. 0.82% 354,514 $39.7M Reduce -1.4%
MSCI MSCI Inc. 0.69% 58,994 $33.4M Reduce -13.2%
APA Apa Corp. 0.69% 1,586,564 $33.3M Add +3.5%
PFE Pfizer Inc. 0.68% 1,286,358 $32.6M Add +6.3%
SHEL Shell PLC-ADR 0.67% 443,827 $32.5M Add +0.3%
CLX Clorox Company 0.64% 210,411 $31.0M Reduce -1.2%
TFC Truist Financial Corp. 0.64% 750,164 $30.9M Add +1.8%
GD General Dynamics Corp. 0.64% 112,634 $30.7M Reduce -0.6%
NVDA Nvidia Corp. 0.59% 261,458 $28.3M Add +1.8%
TRU Transunion 0.58% 339,671 $28.2M Reduce -0.3%
T AT&T Inc. 0.56% 958,212 $27.1M Add +0.7%
FOUR SHIFT4 Payments Inc. Class A 0.55% 324,371 $26.5M Reduce -9.6%
JPM JPMorgan Chase & Co. 0.53% 104,143 $25.5M Reduce -1.1%
CINF Cincinnati Financial Corp. 0.53% 172,027 $25.4M Reduce -0.8%
V Visa Inc. Class A 0.52% 72,158 $25.3M Reduce -3.5%
CSGP Costar Group Inc. 0.51% 309,981 $24.6M Reduce -0.1%
MELI MercadoLibre Inc. 0.50% 12,276 $23.9M Reduce -9.6%
SAP Sap SE-Sponsored ADR 0.49% 87,391 $23.5M No change
GIS General Mills Inc. 0.48% 388,949 $23.3M Reduce -0.4%
ABBNY Abb Ltd.-Spon ADR 0.47% 442,943 $22.6M Reduce -4.7%
CAG Conagra Brands Inc. 0.47% 843,879 $22.5M Add +3.1%
ALC Alcon Inc. filed as ALCON AG 0.46% 232,958 $22.1M No change
UL Unilever PLC 0.46% 370,152 $22.0M Add +52.7%
TSM Taiwan Semiconductor-SP ADR 0.46% 132,627 $22.0M Reduce -12.9%
VRSK Verisk Analytics Inc. 0.45% 73,037 $21.7M Reduce -10.3%
AZN Astrazeneca PLC-Spons ADR 0.45% 295,109 $21.7M Reduce -1.4%
VEEV Veeva Systems Inc. Class A 0.45% 93,181 $21.6M Reduce -10.4%
BKNG Booking Holdings Inc. 0.45% 4,672 $21.5M Reduce -7.7%
VST Vistra Corp. 0.43% 175,255 $20.6M Add +9.1%
VRNS Varonis Systems Inc. 0.42% 503,070 $20.3M Add +23.9%
CPRT Copart Inc. 0.42% 358,441 $20.3M Reduce -0.1%
K Kellanova 0.41% 240,218 $19.8M Reduce -1.7%
GFL GFL Environmental Inc.-Sub VT 0.40% 399,070 $19.3M Reduce -11.7%
LIN Linde PLC 0.40% 41,195 $19.2M Reduce -14.2%
BMY Bristol-Myers Squibb Co. 0.39% 310,361 $18.9M Add +1.3%
PYPL PayPal Holdings Inc. 0.38% 281,789 $18.4M Reduce -1.1%
RSG Republic Services Inc. 0.37% 74,560 $18.1M Reduce -1.4%
AON Aon PLC Class A 0.37% 44,866 $17.9M Add +0.1%
RIO Rio Tinto PLC-Spon ADR 0.37% 296,664 $17.8M Add +3.6%
WMS Advanced Drainage Systems Inc. 0.36% 160,595 $17.4M Add +6.6%
ICLR Icon PLC 0.36% 99,627 $17.4M Add +2.6%
MLM Martin Marietta Materials 0.36% 36,102 $17.3M Reduce -22.5%
RTX RTX Corp. 0.35% 126,623 $16.8M Add +0.4%
CFG Citizens Financial Group 0.34% 404,042 $16.6M Reduce -1.9%
SKY Champion Homes Inc. 0.34% 174,374 $16.5M No change
DINO HF Sinclair Corp. 0.34% 497,971 $16.4M Add +15.0%
BP BP PLC-Spons ADR 0.33% 477,764 $16.1M Add +2.7%
AME Ametek Inc. 0.33% 93,530 $16.1M Reduce -23.7%
CRH CRH PLC 0.33% 182,545 $16.1M Reduce -1.5%
HLNE Hamilton Lane Inc. Class A 0.33% 107,698 $16.0M No change
EMR Emerson Electric Co. 0.33% 144,252 $15.8M Reduce -2.1%
OPCH Option Care Health Inc. 0.32% 444,095 $15.5M No change
ASML ASML Holding NV-NY Reg SHS 0.32% 23,204 $15.4M Reduce -7.3%
PLMR Palomar Holdings Inc. 0.31% 108,673 $14.9M Reduce -17.1%
OLED Universal Display Corp. 0.31% 105,487 $14.7M Add +23.3%
UNH Unitedhealth Group Inc. 0.30% 27,934 $14.6M Add +1.1%
ICE Intercontinental Exchange Inc. 0.30% 83,697 $14.4M Reduce -12.3%
LGND Ligand Pharmaceuticals 0.30% 135,482 $14.2M No change
NEM Newmont Corp. 0.29% 291,891 $14.1M Add +5.7%
IT Gartner Inc. 0.28% 32,421 $13.6M Reduce -6.5%
GSK GSK PLC-Spon ADR 0.28% 349,951 $13.6M Add +1.1%
KNSL Kinsale Capital Group Inc. 0.28% 27,690 $13.5M No change
DOW Dow Inc. 0.27% 379,447 $13.3M Reduce -11.6%
SYY Sysco Corp. 0.27% 176,174 $13.2M Reduce -5.5%
HALO Halozyme Therapeutics Inc. 0.27% 205,649 $13.1M Reduce -3.5%
DLR Digital Realty Trust Inc. 0.27% 90,300 $12.9M No change
CPAY Corpay Inc. 0.27% 37,050 $12.9M No change
DV Doubleverify Holdings Inc. 0.27% 961,813 $12.9M Reduce -2.5%
MCD McDonald's Corp. 0.27% 41,116 $12.8M Add +0.0%
SNY Sanofi-ADR 0.26% 230,257 $12.8M Reduce -1.6%
ELF Elf Beauty Inc. 0.26% 202,202 $12.7M Add +394.4%
CME Cme Group Inc. 0.26% 47,514 $12.6M Reduce -22.6%
NTRA Natera Inc. 0.26% 88,174 $12.5M Reduce -16.9%
MA Mastercard Inc. Class A 0.26% 22,640 $12.4M Add +2.8%
JBTM JBT Marel Corp. 0.26% 101,440 $12.4M No change
GPN Global Payments Inc. 0.26% 125,573 $12.3M Add +1.1%
EFX Equifax Inc. 0.25% 50,127 $12.2M Reduce -0.0%
VERX Vertex Inc. Class A 0.25% 347,957 $12.2M Add +0.8%
UBER Uber Technologies Inc. 0.25% 165,357 $12.0M Reduce -5.2%
OKTA Okta Inc. 0.25% 112,650 $11.9M Add +6.5%
ADM Archer-Daniels-Midland Co. 0.24% 243,310 $11.7M Add +9.1%
BRBR Bellring Brands Inc. 0.24% 156,710 $11.7M No change
PCOR Procore Technologies Inc. 0.24% 175,800 $11.6M No change
MDT Medtronic PLC 0.24% 127,720 $11.5M Add +2.3%
PGNY Progyny Inc. 0.24% 511,931 $11.4M No change
LYV Live Nation Entertainment Inc. 0.23% 86,000 $11.2M No change
EGY Vaalco Energy Inc. 0.23% 2,984,055 $11.2M Add +7.1%
CMCSA Comcast Corp. Class A 0.23% 303,314 $11.2M Reduce -29.2%
TECH Bio-Techne Corp. 0.23% 188,035 $11.0M Add +3.4%
SPGI S&P Global Inc. 0.23% 21,503 $10.9M Reduce -41.6%
NVO Novo-Nordisk A/S-Spons ADR 0.22% 155,858 $10.8M Add +0.3%
NVEE NV5 Global Inc. 0.22% 559,480 $10.8M No change
CWAN Clearwater Analytics HDS-A 0.22% 401,365 $10.8M No change
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 0.22% 240,539 $10.7M No change
TYL Tyler Technologies Inc. 0.22% 18,489 $10.7M No change
KHC The Kraft Heinz Co. 0.22% 350,723 $10.7M Add +5.1%
CL Colgate-Palmolive Co. 0.22% 110,880 $10.4M Add +1.1%
ADSK Autodesk Inc. 0.21% 39,423 $10.3M No change
GWRE Guidewire Software Inc. 0.21% 54,849 $10.3M Reduce -27.8%
PINS Pinterest Inc. Class A 0.21% 324,296 $10.1M Reduce -39.1%
ESTA Establishment Labs Holdings 0.21% 246,085 $10.0M Reduce -0.1%
VRT Vertiv Holdings Co. Class A 0.21% 137,882 $10.0M Add +0.5%
GOOG Alphabet Inc. Class C 0.21% 63,575 $9.9M Reduce -0.5%
IQV Iqvia Holdings Inc. 0.21% 56,299 $9.9M Reduce -15.0%
HP Helmerich & Payne 0.21% 379,302 $9.9M Add +1.8%
MKTX Marketaxess Holdings Inc. 0.20% 45,278 $9.8M Reduce -0.3%
CART Maplebear Inc. 0.20% 245,000 $9.8M No change
GTLS Chart Industries Inc. 0.20% 65,859 $9.5M Reduce -15.7%
ICFI Icf International Inc. 0.20% 111,244 $9.5M No change
BIO Bio-Rad Laboratories-A 0.19% 38,274 $9.3M Reduce -2.6%
XYL Xylem Inc. 0.19% 77,500 $9.3M Reduce -15.6%
CNI Canadian Natl Railway Co. 0.19% 93,998 $9.2M No change
MPC Marathon Petroleum Corp. 0.19% 62,831 $9.2M Reduce -0.1%
CBRE CBRE Group Inc. Class A 0.19% 69,674 $9.1M Reduce -10.3%
IDXX Idexx Laboratories Inc. 0.19% 21,644 $9.1M No change
PAYX Paychex Inc. 0.19% 58,170 $9.0M Reduce -1.3%
EMN Eastman Chemical Co. 0.19% 101,443 $8.9M Reduce -1.0%
CYBR Cyberark Software Ltd./Israel 0.18% 26,075 $8.8M Reduce -48.0%
STRL Sterling Infrastructure Inc. 0.18% 76,730 $8.7M Add +16.7%
EW Edwards Lifesciences Corp. 0.18% 119,535 $8.7M No change
WT Wisdomtree Inc. 0.18% 970,830 $8.7M Add +5.8%
FERG Ferguson Enterprises Inc. 0.18% 53,649 $8.6M No change
ECL Ecolab Inc. 0.17% 33,205 $8.4M Reduce -17.4%
PEGA Pegasystems Inc. 0.17% 119,670 $8.3M Add +16.5%
PTC PTC Inc. 0.17% 53,450 $8.3M Add +308.0%
LULU Lululemon Athletica Inc. 0.17% 29,150 $8.3M Add +0.1%
WHD Cactus Inc. Class A 0.17% 179,610 $8.2M No change
BHP BHP Group Ltd.-Spon ADR 0.17% 169,531 $8.2M Add +24.2%
HD Home Depot Inc. 0.17% 22,389 $8.2M Add +0.7%
HEI.A Heico Corp. Class A 0.17% 38,600 $8.1M No change
AZEK The Azek Co. Inc. 0.17% 164,695 $8.1M Reduce -13.8%
INSP Inspire Medical Systems Inc. 0.17% 50,240 $8.0M No change
KBR KBR Inc. 0.16% 159,515 $7.9M Add +1.1%
GPC Genuine Parts Co. 0.16% 66,160 $7.9M Reduce -19.9%
NTNX Nutanix Inc. Class A 0.16% 111,525 $7.8M New
LNTH Lantheus Holdings Inc. 0.16% 79,320 $7.7M No change
SU Suncor Energy Inc. 0.16% 199,234 $7.7M Reduce -0.3%
APH Amphenol Corp. Class A 0.16% 116,950 $7.7M No change
MORN Morningstar Inc. 0.16% 25,304 $7.6M Reduce -2.0%
NOVT Novanta Inc. 0.16% 59,255 $7.6M Add +77.3%
FDX FedEx Corp. 0.16% 30,855 $7.5M Reduce -5.6%
DKNG Draftkings Inc. Class A 0.16% 226,437 $7.5M Add +1.6%
SNOW Snowflake Inc. 0.15% 50,100 $7.3M No change
UPS United Parcel Service Class B 0.15% 66,307 $7.3M Reduce -8.6%
TSCO Tractor Supply Company 0.15% 131,707 $7.3M Reduce -9.7%
NFLX Netflix Inc. 0.15% 7,733 $7.2M Reduce -5.1%
QDEL Quidelortho Corp. 0.15% 204,915 $7.2M Reduce -0.1%
SNPS Synopsys Inc. 0.15% 16,451 $7.1M Reduce -0.5%
MAR Marriott International Class A 0.15% 29,506 $7.0M Reduce -9.6%
SLAB Silicon Laboratories Inc. 0.15% 62,330 $7.0M Reduce -12.8%
UNP Union Pacific Corp. 0.14% 29,390 $6.9M Add +1.8%
KRNT Kornit Digital Ltd. 0.14% 362,505 $6.9M Reduce -2.6%
PTLO Portillo's Inc. Class A 0.14% 580,919 $6.9M Reduce -18.3%
GDDY GoDaddy Inc. Class A 0.14% 38,239 $6.9M No change
BKR Baker Hughes Co. 0.14% 156,651 $6.9M Reduce -0.7%
FCN Fti Consulting Inc. 0.14% 41,890 $6.9M No change
HUBS HubSpot Inc. 0.14% 12,000 $6.9M Reduce -22.1%
APTV Aptiv PLC 0.14% 113,297 $6.7M Reduce -28.4%
SITE Siteone Landscape Supply Inc. 0.14% 55,485 $6.7M No change
PODD Insulet Corp. 0.14% 25,635 $6.7M Reduce -8.8%
HQY Healthequity Inc. 0.14% 75,326 $6.7M No change
LGF.B Lions Gate Entertainment-B 0.14% 838,095 $6.6M Reduce -2.8%
OLLI Ollie's Bargain Outlet Holdi 0.14% 56,300 $6.6M Reduce -12.2%
TENB Tenable Holdings Inc. 0.13% 185,010 $6.5M No change
MNDY Monday.com Ltd. 0.13% 26,136 $6.4M New
PSX Phillips 66 0.13% 51,402 $6.3M Reduce -0.5%
NSSC Napco Security Technologies 0.13% 274,970 $6.3M No change
NSC Norfolk Southern Corp. 0.13% 26,390 $6.3M Reduce -0.2%
MTCH Match Group Inc. 0.13% 198,237 $6.2M Reduce -14.3%
MTDR Matador Resources Co. 0.13% 120,945 $6.2M No change
INTA Intapp Inc. 0.13% 105,445 $6.2M No change
CP Canadian Pacific Kansas City 0.13% 87,073 $6.1M Reduce -0.8%
DKL Delek Logistics Partners LP 0.13% 140,000 $6.1M No change
GLW Corning Inc. 0.12% 126,423 $5.8M Reduce -6.2%
CRM Salesforce Inc. 0.12% 21,438 $5.8M Reduce -5.3%
AVGO Broadcom Inc. 0.12% 33,816 $5.7M Reduce -15.3%
HDB HDFC Bank Ltd.-ADR 0.12% 85,000 $5.6M No change
VNOM Viper Energy Inc. 0.12% 125,000 $5.6M Reduce -7.4%
TPG TPG Inc. 0.12% 118,125 $5.6M No change
DAVA Endava PLC- Spon ADR 0.12% 286,835 $5.6M Reduce -0.2%
A Agilent Technologies Inc. 0.12% 47,696 $5.6M Reduce -22.1%
CSTL Castle Biosciences Inc. 0.12% 278,314 $5.6M Reduce -27.5%
APD Air Products & Chemicals Inc. 0.12% 18,844 $5.6M Reduce -0.2%
BG Bunge Global SA 0.11% 71,290 $5.4M Add +0.1%
PD Pagerduty Inc. 0.11% 296,510 $5.4M No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.11% 67,635 $5.2M Reduce -5.9%
INTC Intel Corp. 0.11% 230,809 $5.2M Reduce -7.6%
IBP Installed Building Products 0.11% 30,500 $5.2M New
LOVE The Lovesac Co. 0.11% 286,292 $5.2M Reduce -1.1%
GEV GE Vernova Inc. 0.11% 17,048 $5.2M Add +88.0%
SSNC Ss&c Technologies Holdings 0.11% 61,642 $5.1M No change
FDS Factset Research Systems Inc. 0.11% 11,144 $5.1M Reduce -0.0%
SITM Sitime Corp. 0.10% 33,110 $5.1M No change
ABBV Abbvie Inc. 0.10% 23,980 $5.0M Reduce -10.8%
BOOT Boot Barn Holdings Inc. 0.10% 46,585 $5.0M No change
FWRG First Watch Restaurant Group 0.10% 298,167 $5.0M Reduce -37.6%
ESE Esco Technologies Inc. 0.10% 30,865 $4.9M No change
PRVA Privia Health Group Inc. 0.10% 218,025 $4.9M No change
MDGL Madrigal Pharmaceuticals Inc. 0.10% 14,760 $4.9M No change
PTEN Patterson-Uti Energy Inc. 0.10% 593,320 $4.9M No change
AMGN Amgen Inc. 0.10% 15,242 $4.7M Reduce -0.6%
EXPE Expedia Group Inc. 0.10% 28,237 $4.7M Add +1.0%
WST West Pharmaceutical Services 0.10% 21,185 $4.7M Reduce -0.7%
BIRK Birkenstock Holding PLC 0.10% 100,000 $4.6M New
BRK.B Berkshire Hathaway Inc. Class B 0.10% 8,608 $4.6M Add +8.9%
SNN Smith & Nephew PLC -Spon ADR 0.09% 154,254 $4.4M No change
C Citigroup Inc. 0.09% 60,932 $4.3M Add +6.3%
ONTO Onto Innovation Inc. 0.09% 35,645 $4.3M New
MDLZ Mondelez International Inc. Class A 0.09% 63,513 $4.3M Add +1.1%
TRNS Transcat Inc. 0.09% 57,000 $4.2M Reduce -0.3%
CIEN Ciena Corp. 0.09% 68,769 $4.2M No change
NTRS Northern Trust Corp. 0.08% 41,441 $4.1M Reduce -7.5%
WELL Welltower Inc. 0.08% 26,400 $4.0M No change
AVAV Aerovironment Inc. 0.08% 33,855 $4.0M Add +57.5%
RELX Relx PLC - Spon ADR 0.08% 80,000 $4.0M New
RYAAY Ryanair Holdings PLC-SP ADR 0.08% 93,715 $4.0M No change
HON Honeywell International Inc. 0.08% 18,703 $4.0M Reduce -2.6%
DXCM Dexcom Inc. 0.08% 56,537 $3.9M Add +1.4%
RHHBY Roche Holdings Ltd.-Spons ADR 0.08% 90,939 $3.7M Reduce -0.3%
VOO Vanguard S&P 500 ETF 0.08% 7,198 $3.7M Add +37.1%
ADI Analog Devices Inc. 0.08% 18,316 $3.7M No change
TMO Thermo Fisher Scientific Inc. 0.08% 7,339 $3.7M Add +4.4%
MYRG MYR Group Inc./Delaware 0.07% 31,890 $3.6M No change
CEG Constellation Energy 0.07% 17,754 $3.6M Add +2.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.07% 83,968 $3.5M Reduce -5.3%
LARK Landmark Bancorp Inc. 0.07% 127,877 $3.5M Reduce -0.1%
TDG Transdigm Group Inc. 0.07% 2,346 $3.2M No change
MTD Mettler-Toledo International 0.07% 2,702 $3.2M Add +0.2%
PRMB Primo Brands Corp. 0.07% 88,600 $3.1M No change
CODI Compass Diversified Holdings 0.07% 168,100 $3.1M No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.06% 56,979 $3.1M Reduce -21.2%
PBI Pitney Bowes Inc. 0.06% 342,310 $3.1M Reduce -13.6%
SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD 0.06% 115,827 $3.1M Reduce -41.4%
WCC Wesco International Inc. 0.06% 19,855 $3.1M No change
TMCI Treace Medical Concepts Inc. 0.06% 365,393 $3.1M Reduce -30.6%
MPWR Monolithic Power Systems Inc. 0.06% 5,227 $3.0M Reduce -38.7%
ET Energy Transfer LP 0.06% 162,600 $3.0M No change
FWONA Liberty Media Corp. Class A 0.06% 36,529 $3.0M No change
TER Teradyne Inc. 0.06% 36,000 $3.0M No change
BAX Baxter International Inc. 0.06% 86,644 $3.0M Reduce -2.5%
NOW ServiceNow Inc. 0.06% 3,657 $2.9M Reduce -18.6%
ISRG Intuitive Surgical Inc. 0.06% 5,832 $2.9M Add +0.3%
ADBE Adobe Inc. 0.06% 7,440 $2.9M Reduce -21.8%
HCA HCA Healthcare Inc. 0.06% 8,250 $2.9M Add +0.1%
KEYS Keysight Technologies Inc. 0.06% 18,699 $2.8M Reduce -62.4%
PANW Palo Alto Networks Inc. 0.06% 16,403 $2.8M Reduce -1.6%
SYK Stryker Corp. 0.06% 7,489 $2.8M Add +4.7%
RBA RB Global Inc. 0.06% 27,660 $2.8M No change
KDP Keurig Dr Pepper Inc. 0.06% 79,161 $2.7M Add +3.9%
MEDP Medpace Holdings Inc. 0.05% 8,675 $2.6M New
PH Parker Hannifin Corp. 0.05% 4,269 $2.6M Add +1.2%
EHC Encompass Health Corp. 0.05% 25,090 $2.5M No change
NTDOY Nintendo Co. Ltd.-Unspons ADR 0.05% 150,320 $2.5M No change
CMG Chipotle Mexican Grill Inc. 0.05% 50,345 $2.5M Reduce -1.9%
HAS Hasbro Inc. 0.05% 41,030 $2.5M No change
SBUX Starbucks Corp. 0.05% 25,625 $2.5M Reduce -6.7%
FAST Fastenal Co. 0.05% 32,256 $2.5M Reduce -11.8%
CTAS Cintas Corp. 0.05% 11,745 $2.4M No change
INTU Intuit Inc. 0.05% 3,927 $2.4M Add +0.9%
AOS Smith (a.o.) Corp. 0.05% 36,882 $2.4M Add +17.3%
USB US Bancorp 0.05% 56,899 $2.4M Add +0.6%
BUR Burford Capital Ltd. 0.05% 180,800 $2.4M No change
LLYVK Liberty Media Corp.-Liberty-C 0.05% 35,000 $2.4M No change
F Ford Motor Co. filed as FORD MTR CO 0.05% 235,962 $2.4M Reduce -3.0%
LIONS GATE ENTMNT CORP 0.05% 255,840 $2.3M Reduce -1.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.05% 3,990 $2.2M Reduce -0.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 22,583 $2.2M Add +16.1%
MMM 3M Co. 0.05% 15,045 $2.2M Reduce -4.0%
ESI Element Solutions Inc. 0.05% 96,800 $2.2M Reduce -10.8%
DEO Diageo PLC-Sponsored ADR 0.04% 20,645 $2.2M Reduce -76.2%
HSTM Healthstream Inc. 0.04% 67,100 $2.2M No change
WING Wingstop Inc. 0.04% 9,551 $2.2M Reduce -55.7%
TSN Tyson Foods Inc. Class A 0.04% 33,405 $2.1M Reduce -0.2%
CNQ Canadian Natural Resources 0.04% 67,820 $2.1M New
ACM Aecom 0.04% 21,800 $2.0M No change
ETN Eaton Corp. PLC 0.04% 7,340 $2.0M Add +25.6%
DHR Danaher Corp. 0.04% 9,651 $2.0M Add +0.5%
DD Dupont DE Nemours Inc. 0.04% 26,237 $2.0M Reduce -0.9%
LMT Lockheed Martin Corp. 0.04% 4,341 $1.9M Reduce -1.6%
CRDO Credo Technology Group Holdi 0.04% 48,040 $1.9M New
NOG Northern Oil and Gas Inc. 0.04% 63,400 $1.9M No change
COO The Cooper Cos Inc. 0.04% 22,600 $1.9M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.04% 1,904 $1.9M Reduce -0.5%
KVUE Kenvue Inc. 0.04% 77,645 $1.9M Reduce -10.5%
WLDN Willdan Group Inc. 0.04% 45,300 $1.8M Add +20.2%
BGS B&G Foods Inc. 0.04% 266,616 $1.8M Reduce -4.8%
MCO Moody's Corp. 0.04% 3,895 $1.8M No change
EIX Edison International 0.04% 30,550 $1.8M No change
AEP American Electric Power 0.04% 16,363 $1.8M Add +4.2%
ON On Semiconductor 0.04% 43,310 $1.8M Reduce -0.1%
IVV iShares Core S&P 500 ETF 0.04% 3,084 $1.7M Reduce -2.7%
GE General Electric filed as GE AEROSPACE 0.04% 8,638 $1.7M Add +13.5%
MTN Vail Resorts Inc. 0.04% 10,754 $1.7M Reduce -0.1%
EPD Enterprise Products Partners 0.04% 49,920 $1.7M No change
CRGY Crescent Energy Inc. Class A 0.04% 150,000 $1.7M No change
MCK McKesson Corp. 0.03% 2,500 $1.7M No change
TTWO Take-Two Interactive Softwre 0.03% 8,000 $1.7M No change
ORLY O'reilly Automotive Inc. 0.03% 1,153 $1.7M Reduce -0.4%
CPB The Campbell's Company 0.03% 41,265 $1.6M Reduce -1.6%
NKE Nike Inc. Class B 0.03% 25,702 $1.6M Add +126.2%
ARWR Arrowhead Pharmaceuticals Inc. 0.03% 126,510 $1.6M No change
PSA Public Storage 0.03% 5,200 $1.6M No change
FSS Federal Signal Corp. 0.03% 21,040 $1.5M No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.03% 23,352 $1.5M Reduce -6.6%
ELV Elevance Health Inc. 0.03% 3,510 $1.5M Add +3.2%
BWMN Bowman Consulting Group Ltd. 0.03% 68,500 $1.5M Add +13.4%
TLT iShares 20+ Year Treasury BD 0.03% 16,308 $1.5M Add +11.1%
ROK Rockwell Automation Inc. 0.03% 5,514 $1.4M Reduce -1.6%
PCG P G & E Corp. 0.03% 82,600 $1.4M No change
IWD iShares Russell 1000 Value E 0.03% 7,495 $1.4M Reduce -4.2%
HLMN Hillman Solutions Corp. 0.03% 160,000 $1.4M No change
MRVL Marvell Technology Inc. 0.03% 21,541 $1.3M Add +111.6%
LHX L3HARRIS Technologies Inc. 0.03% 6,245 $1.3M Reduce -0.6%
OSW Onespaworld Holdings Ltd. 0.03% 75,300 $1.3M No change
BSX Boston Scientific Corp. 0.03% 12,312 $1.2M Add +16.3%
STKL Sunopta Inc. 0.03% 252,700 $1.2M Add +21.5%
IEF iShares 7-10 Year Treasury B 0.03% 12,745 $1.2M Add +5.2%
CDRE Cadre Holdings Inc. 0.03% 40,840 $1.2M Reduce -17.8%
DOV Dover Corp. 0.03% 6,851 $1.2M Reduce -3.9%
BLK BlackRock Inc. 0.02% 1,266 $1.2M Add +7.7%
IIIV I3 Verticals Inc. Class A 0.02% 48,200 $1.2M No change
VRRM Verra Mobility Corp. 0.02% 51,650 $1.2M No change
EQIX Equinix Inc. 0.02% 1,412 $1.2M No change
GPK Graphic Packaging Holding Co. 0.02% 43,700 $1.1M No change
LAMR Lamar Advertising Co. Class A 0.02% 9,968 $1.1M No change
ORCL Oracle Corp. 0.02% 7,856 $1.1M Add +513.3%
PATK Patrick Industries Inc. 0.02% 12,600 $1.1M No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.02% 14,797 $1.1M Add +3.7%
TT Trane Technologies PLC 0.02% 3,125 $1.1M No change
VLO Valero Energy Corp. 0.02% 7,900 $1.0M No change
ACEL Accel Entertainment Inc. 0.02% 105,100 $1.0M No change
ILMN Illumina Inc. 0.02% 13,071 $1.0M Reduce -36.8%
CC The Chemours Co. 0.02% 75,764 $1.0M No change
PMTS Cpi Card Group Inc. 0.02% 35,000 $1.0M No change
ANET Arista Networks Inc. 0.02% 13,140 $1.0M Add +23.5%
CMC Commercial Metals Co. 0.02% 22,028 $1.0M Add +0.3%
LW Lamb Weston Holdings Inc. 0.02% 18,655 $994K Reduce -0.1%
NLOP Net Lease Office Property 0.02% 31,432 $986K No change
ADMA Adma Biologics Inc. 0.02% 47,870 $950K Add +45.1%
VCEL Vericel Corp. 0.02% 20,800 $928K Add +73.3%
VTRS Viatris Inc. 0.02% 106,263 $926K Add +129.9%
GDYN Grid Dynamics Holdings Inc. 0.02% 58,900 $922K Add +27.2%
TSLA Tesla Inc. 0.02% 3,552 $921K Reduce -20.0%
MGM MGM Resorts International 0.02% 30,500 $904K No change
BLFS Biolife Solutions Inc. 0.02% 39,400 $900K No change
IAU iShares Gold Trust 0.02% 15,228 $898K Reduce -9.3%
WAB Wabtec Corp. 0.02% 4,875 $884K No change
CIVI Civitas Resources Inc. 0.02% 24,990 $872K Add +290.5%
SRE Sempra 0.02% 12,200 $871K No change
PM Philip Morris International 0.02% 5,437 $863K No change
CLF Cleveland-Cliffs Inc. 0.02% 104,769 $861K Reduce -5.7%
TTE Totalenergies SE -Spon ADR 0.02% 13,282 $859K Reduce -1.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.02% 6,744 $821K Reduce -45.8%
CHCT Community Healthcare Trust I 0.02% 44,600 $810K Reduce -16.8%
DASH DoorDash Inc. Class A 0.02% 4,425 $809K New
WD Walker & Dunlop Inc. 0.02% 9,400 $802K No change
WDAY Workday Inc. Class A 0.02% 3,328 $777K Reduce -92.3%
AMAT Applied Materials Inc. 0.02% 5,350 $776K New
RSP Invesco S&P 500 Equal Weight 0.02% 4,425 $767K Reduce -62.2%
HAYW Hayward Holdings Inc. 0.02% 55,000 $766K New
AMT American Tower Corp. 0.02% 3,400 $740K No change
NCNO Ncino Inc. 0.02% 26,750 $735K New
BMRN Biomarin Pharmaceutical Inc. 0.02% 10,270 $726K Add +28.9%
SPOT Spotify Technology SA 0.01% 1,300 $715K Reduce -91.1%
SHYG iShares 0-5 YR HY Corp. Bond 0.01% 16,798 $714K No change
DOCU Docusign Inc. 0.01% 8,635 $703K Reduce -7.2%
LVMUY LVMH Moet Hennessy-Unsp ADR 0.01% 5,542 $684K Add +23.1%
CMP Compass Minerals Internation 0.01% 71,935 $668K Reduce -3.2%
KIDS Orthopediatrics Corp. 0.01% 26,590 $655K Reduce -6.7%
TDC Teradata Corp. 0.01% 29,000 $652K No change
WDS Woodside Energy Group-ADR 0.01% 41,872 $607K Reduce -1.1%
CIGI Colliers Intl GR-Subord Vot 0.01% 4,884 $592K Reduce -17.0%
APOG Apogee Enterprises Inc. 0.01% 12,500 $579K Reduce -32.4%
TXN Texas Instruments Inc. 0.01% 3,180 $571K No change
FMC FMC Corp. 0.01% 13,375 $564K Reduce -0.4%
SLP Simulations Plus Inc. 0.01% 23,000 $564K No change
CALX Calix Inc. 0.01% 15,705 $557K Reduce -95.8%
ITW Illinois Tool Works 0.01% 2,199 $545K No change
ALNY Alnylam Pharmaceuticals Inc. 0.01% 2,000 $540K New
KTOS Kratos Defense & Security 0.01% 18,000 $534K Reduce -40.0%
ARGX Argenx SE - ADR 0.01% 900 $533K New
CLB Core Laboratories Inc. 0.01% 35,515 $532K No change
BA The Boeing Co. 0.01% 3,110 $530K No change
TMUS T-Mobile US Inc. 0.01% 1,968 $525K Add +4.2%
KLAC KLA Corp. 0.01% 765 $520K Reduce -49.0%
OMCL Omnicell Inc. 0.01% 14,700 $514K No change
MKC McCormick & Co.-Non VTG SHRS 0.01% 6,155 $507K Add +1.6%
TKR Timken Co. 0.01% 6,940 $499K Add +0.7%
AMD Advanced Micro Devices 0.01% 4,775 $491K Add +1.3%
MRSH Marsh & McLennan Cos 0.01% 2,000 $488K No change
EVRG Evergy Inc. 0.01% 6,579 $454K No change
DKS Dick's Sporting Goods Inc. 0.01% 2,125 $428K No change
CAT Caterpillar Inc. 0.01% 1,250 $412K Reduce -2.0%
SRLN SS Blackstone Sr Loan ETF 0.01% 9,621 $396K No change
FSV Firstservice Corp. 0.01% 2,369 $393K No change
CHD Church & Dwight Co. Inc. 0.01% 3,500 $385K No change
TREX Trex Company Inc. 0.01% 6,522 $379K No change
SAM Boston Beer Company Inc. Class A 0.01% 1,579 $377K Reduce -3.3%
EMB iShares JP Morgan Usd Emergi 0.01% 4,044 $366K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.01% 4,641 $366K No change
ASMIY Asm International-NY Reg SHS 0.01% 800 $359K New
MO Altria Group Inc. 0.01% 5,610 $337K Reduce -0.9%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.01% 2,740 $324K No change
VRTX Vertex Pharmaceuticals Inc. 0.01% 668 $324K Add +0.5%
ZTS Zoetis Inc. 0.01% 1,927 $317K Reduce -8.0%
LOW Lowe's Cos Inc. 0.01% 1,359 $317K Add +20.7%
CMRC Commerce.com Inc. filed as BIGCOMMERCE HLDGS INC 0.01% 53,800 $310K Reduce -37.1%
ARCC Ares Capital Corp. 0.01% 12,994 $288K No change
UMBF Umb Financial Corp. 0.01% 2,800 $283K No change
CB Chubb Ltd. 0.01% 927 $280K Add +1.4%
ADP Automatic Data Processing 0.01% 890 $272K No change
SHW The Sherwin-Williams Co. 0.01% 755 $264K Add +4.9%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.01% 1,556 $250K No change
AFL Aflac Inc. 0.01% 2,202 $245K No change
NEE Nextera Energy Inc. 0.01% 3,403 $241K New
FISV Fiserv Inc. 0.00% 1,079 $238K No change
NSRGY Nestle SA-Spons ADR 0.00% 2,330 $235K Reduce -96.1%
CARR Carrier Global Corp. 0.00% 3,694 $234K No change
NOC Northrop Grumman Corp. 0.00% 455 $233K Reduce -78.3%
HSY The Hershey Co. 0.00% 1,336 $228K No change
DE Deere & Co. 0.00% 475 $223K Reduce -39.6%
DVN Devon Energy Corp. 0.00% 5,435 $203K New
LASR Nlight Inc. 0.00% 20,000 $155K Reduce -53.3%
SLQT Selectquote Inc. 0.00% 23,500 $78K No change
AMRN Amarin Corp. PLC -ADR 0.00% 88,200 $40K New
Other holdings (12): bonds, preferreds, convertibles and warrants · $28.3M (not counted above)
SecurityClassShares / PrincipalValueChange
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 110,000$6.5MReduce -8.3%
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A 125,000$5.5MAdd +78.6%
ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25) NOTE 6.000% 8/1 · principal 1,000,000$4.1MNo change
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal 1,600,000$3.9MReduce -11.1%
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal 1,300,000$2.1MReduce -7.1%
PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) NOTE 1.750%12/0 · principal 1,250,000$1.7MNo change
ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) NOTE 1.000%12/0 · principal 2,000,000$1.5MNo change
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal 750,000$777KNo change
PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) NOTE 1.500% 9/1 · principal 600,000$700KNo change
EXACT SCIENCES CORP (EXAS 0.375 03/01/28) NOTE 0.375% 3/0 · principal 750,000$658KNo change
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal 500,000$470KNo change
APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) NOTE 3.500% 9/1 · principal 300,000$307KNo change

Total filed on the 13F, all lines: $4.9B.

Portfolio Sells Q4 2024 → Q1 2025

MSFT Microsoft Corp. Reduce -1.9% 4.49% −0.38
SUM Summit Materials Inc. Class A Sold out 0.00% −0.36
CALX Calix Inc. Reduce -95.8% 0.01% −0.24
AZPN Aspen Technology Inc. Sold out 0.00% −0.23
AAPL Apple Inc. Reduce -2.3% 2.28% −0.21
WDAY Workday Inc. Class A Reduce -92.3% 0.02% −0.20
CDMO Avid Bioservices Inc. Sold out 0.00% −0.19
FOUR SHIFT4 Payments Inc. Class A Reduce -9.6% 0.55% −0.18
DEO Diageo PLC-Sponsored ADR Reduce -76.2% 0.04% −0.17
BRKR Bruker Corp. Sold out 0.00% −0.17
IBN Icici Bank Ltd.-Spon ADR Sold out 0.00% −0.17
CYBR Cyberark Software Ltd./Israel Reduce -48.0% 0.18% −0.15
TSM Taiwan Semiconductor-SP ADR Reduce -12.9% 0.46% −0.13
SPGI S&P Global Inc. Reduce -41.6% 0.23% −0.13
JBI Janus International Group Inc. Sold out 0.00% −0.12
MLM Martin Marietta Materials Reduce -22.5% 0.36% −0.11
SPOT Spotify Technology SA Reduce -91.1% 0.01% −0.11
MSCI MSCI Inc. Reduce -13.2% 0.69% −0.11
DV Doubleverify Holdings Inc. Reduce -2.5% 0.27% −0.11
TTD Trade Desk Inc./the Class A Reduce -21.2% 0.06% −0.10
SHOO Steven Madden Ltd. Reduce -41.4% 0.06% −0.10
AME Ametek Inc. Reduce -23.7% 0.33% −0.10
KEYS Keysight Technologies Inc. Reduce -62.4% 0.06% −0.10
PYPL PayPal Holdings Inc. Reduce -1.1% 0.38% −0.10
GTLS Chart Industries Inc. Reduce -15.7% 0.20% −0.10
PINS Pinterest Inc. Class A Reduce -39.1% 0.21% −0.09
NSRGY Nestle SA-Spons ADR Reduce -96.1% 0.00% −0.09
ACLS Axcelis Technologies Inc. Sold out 0.00% −0.09
CSTL Castle Biosciences Inc. Reduce -27.5% 0.12% −0.09
CMCSA Comcast Corp. Class A Reduce -29.2% 0.23% −0.08
NBIX Neurocrine Biosciences Inc. Sold out 0.00% −0.08
KRNT Kornit Digital Ltd. Reduce -2.6% 0.14% −0.08
LPRO Open Lending Corp. Sold out 0.00% −0.08
STAA Staar Surgical Co. Sold out 0.00% −0.08
WING Wingstop Inc. Reduce -55.7% 0.04% −0.08
MRK Merck & Co. Inc. Reduce -2.1% 0.98% −0.07
FWRG First Watch Restaurant Group Reduce -37.6% 0.10% −0.07
NTRA Natera Inc. Reduce -16.9% 0.26% −0.07
HUBS HubSpot Inc. Reduce -22.1% 0.14% −0.07
AVGO Broadcom Inc. Reduce -15.3% 0.12% −0.06
DOW Dow Inc. Reduce -11.6% 0.27% −0.06
OABI Omniab Inc. Sold out 0.00% −0.06
BIO Bio-Rad Laboratories-A Reduce -2.6% 0.19% −0.06
DAVA Endava PLC- Spon ADR Reduce -0.2% 0.12% −0.06
MRVI Maravai Lifesciences Hldgs-A Sold out 0.00% −0.05
IQV Iqvia Holdings Inc. Reduce -15.0% 0.21% −0.05
APTV Aptiv PLC Reduce -28.4% 0.14% −0.05
BKNG Booking Holdings Inc. Reduce -7.7% 0.45% −0.05
IT Gartner Inc. Reduce -6.5% 0.28% −0.05
A Agilent Technologies Inc. Reduce -22.1% 0.12% −0.05

Portfolio Buys Q4 2024 → Q1 2025

XOM Exxon Mobil Corp. Add +0.3% 1.72% +0.25
JNJ Johnson & Johnson Add +1.2% 1.21% +0.22
UL Unilever PLC Add +52.7% 0.46% +0.19
ELF Elf Beauty Inc. Add +394.4% 0.26% +0.16
NTNX Nutanix Inc. Class A New 0.16% +0.16
VZ Verizon Communications Inc. Add +0.9% 0.88% +0.15
T AT&T Inc. Add +0.7% 0.56% +0.14
MNDY Monday.com Ltd. New 0.13% +0.13
SHEL Shell PLC-ADR Add +0.3% 0.67% +0.13
PTC PTC Inc. Add +308.0% 0.17% +0.12
CSCO Cisco Systems Inc. Add +0.7% 1.14% +0.11
IBP Installed Building Products New 0.11% +0.11
BIRK Birkenstock Holding PLC New 0.10% +0.10
NEM Newmont Corp. Add +5.7% 0.29% +0.09
ONTO Onto Innovation Inc. New 0.09% +0.09
RELX Relx PLC - Spon ADR New 0.08% +0.08
OKTA Okta Inc. Add +6.5% 0.25% +0.08
VRNS Varonis Systems Inc. Add +23.9% 0.42% +0.07
BP BP PLC-Spons ADR Add +2.7% 0.33% +0.06
RTX RTX Corp. Add +0.4% 0.35% +0.06
OLED Universal Display Corp. Add +23.3% 0.31% +0.06
NOVT Novanta Inc. Add +77.3% 0.16% +0.06
MEDP Medpace Holdings Inc. New 0.05% +0.05
AON Aon PLC Class A Add +0.1% 0.37% +0.05
BMY Bristol-Myers Squibb Co. Add +1.3% 0.39% +0.05
GSK GSK PLC-Spon ADR Add +1.1% 0.28% +0.05
GEV GE Vernova Inc. Add +88.0% 0.11% +0.05
PFE Pfizer Inc. Add +6.3% 0.68% +0.04
CNQ Canadian Natural Resources New 0.04% +0.04
MDT Medtronic PLC Add +2.3% 0.24% +0.04
DINO HF Sinclair Corp. Add +15.0% 0.34% +0.04
CRDO Credo Technology Group Holdi New 0.04% +0.04
BHP BHP Group Ltd.-Spon ADR Add +24.2% 0.17% +0.04
RIO Rio Tinto PLC-Spon ADR Add +3.6% 0.37% +0.04
MCD McDonald's Corp. Add +0.0% 0.27% +0.03
MA Mastercard Inc. Class A Add +2.8% 0.26% +0.03
UNH Unitedhealth Group Inc. Add +1.1% 0.30% +0.03
BRK.B Berkshire Hathaway Inc. Class B Add +8.9% 0.10% +0.02
VOO Vanguard S&P 500 ETF Add +37.1% 0.08% +0.02
ADM Archer-Daniels-Midland Co. Add +9.1% 0.24% +0.02
CAG Conagra Brands Inc. Add +3.1% 0.47% +0.02
KHC The Kraft Heinz Co. Add +5.1% 0.22% +0.02
WMS Advanced Drainage Systems Inc. Add +6.6% 0.36% +0.02
CL Colgate-Palmolive Co. Add +1.1% 0.22% +0.02
AVAV Aerovironment Inc. Add +57.5% 0.08% +0.02
ORCL Oracle Corp. Add +513.3% 0.02% +0.02
NKE Nike Inc. Class B Add +126.2% 0.03% +0.02
DASH DoorDash Inc. Class A New 0.02% +0.02
AMAT Applied Materials Inc. New 0.02% +0.02
HAYW Hayward Holdings Inc. New 0.02% +0.02

Notes & Other Activity Q4 2024 → Q1 2025

BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A Reduce -8.3% 110,000 $6.5M
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A Add +78.6% 125,000 $5.5M
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal Reduce -11.1% 1,600,000 $3.9M
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal Reduce -7.1% 1,300,000 $2.1M
LIVE NATION ENTERTAINMEN (LYV 2 02/15/25) NOTE 2.000% 2/1 · principal Sold out 500,000 $613Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 541$4.8BMSFT, CVX, LLY, AAPL, GOOGL
Q1 2026 497$4.6BMSFT, CVX, XOM, AAPL, LLY
Q4 2025 495$4.8BMSFT, CVX, LLY, AAPL, GOOGL
Q3 2025 487$4.9BMSFT, CVX, AAPL, LLY, COST
Q2 2025 480$4.9BMSFT, COST, LLY, AAPL, AJG
Q1 2025 453$4.8BMSFT, AAPL, LLY, COST, HES
Q4 2024 457$5.1BMSFT, AAPL, COST, LLY, HES
Q3 2024 460$5.4BMSFT, AAPL, LLY, COST, HES
Q2 2024 459$5.3BMSFT, LLY, AAPL, COST, HES
Q1 2024 458$5.4BMSFT, LLY, HES, AAPL, COST