Kornitzer Capital Management Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 2, 2026), Kornitzer Capital Management Inc. reported 495 stock positions worth $4.8 billion. Its top holding was Microsoft (MSFT) at 5.4% of the portfolio, followed by Chevron (CVX, 3.1%) and Eli Lilly (LLY, 2.5%). Compared with Q3 2025, it opened 31 new positions, sold out of 24, added to 120 and reduced 223. The biggest buy was Merck (MRK, shares +1%) and the biggest sale Microsoft (MSFT, shares −3%).

Most Recent 13F
Q2 2026
Location
SHAWNEE MISSION, KS
CIK
0000898358
Portfolio Value
$4.8B (Q4 2025)
SEC Filing
0000898358-26-000003 ↗ filed Feb 2, 2026

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 Q1 2025 Q2 2025: $4.9B Q2 2025 Q3 2025: $4.9B Q3 2025 Q4 2025: $4.8B $4.8B Q4 2025 Q1 2026: $4.6B Q1 2026 Q2 2026: $4.8B Q2 2026

Holdings 495 stocks · $4.8B

MSFT Microsoft Corp. 5.44% 537,779 $260.1M Reduce -2.6%
CVX Chevron Corp. 3.12% 979,063 $149.2M Reduce -2.4%
LLY Eli Lilly & Co. 2.50% 111,140 $119.4M Reduce -10.0%
AAPL Apple Inc. 2.40% 421,039 $114.5M Reduce -2.9%
GOOGL Alphabet Inc. Class A 2.14% 327,355 $102.5M Reduce -5.8%
COST Costco Wholesale Corp. 1.77% 97,946 $84.5M Reduce -2.0%
XOM Exxon Mobil Corp. 1.69% 671,397 $80.8M Reduce -1.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.56% 251,641 $74.5M Reduce -2.5%
KMI Kinder Morgan Inc. 1.48% 2,580,021 $70.9M Reduce -1.9%
JNJ Johnson & Johnson 1.48% 341,174 $70.6M Reduce -1.9%
CSCO Cisco Systems Inc. 1.43% 884,545 $68.1M Reduce -0.1%
WM Waste Management Inc. 1.41% 307,389 $67.5M Reduce -3.3%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 1.33% 245,313 $63.5M Reduce -0.7%
AMZN Amazon.com Inc. 1.24% 257,037 $59.3M Reduce -0.7%
PEP Pepsico Inc. 1.23% 410,197 $58.9M Reduce -0.6%
QCOM Qualcomm Inc. 1.23% 342,318 $58.6M Reduce -0.6%
MRK Merck & Co. Inc. 1.22% 552,959 $58.2M Add +1.4%
META Meta Platforms Inc. Class A 1.20% 86,812 $57.3M Reduce -0.8%
WMT Walmart Inc. 1.18% 507,733 $56.6M Reduce -2.2%
NVDA Nvidia Corp. 1.16% 296,833 $55.4M Add +0.8%
SLB SLB Ltd. filed as SLB LIMITED 1.11% 1,387,815 $53.3M Reduce -2.8%
PG The Procter & Gamble Co. 1.07% 356,538 $51.1M Reduce -1.8%
COP Conocophillips 1.02% 518,986 $48.6M Reduce -1.8%
ABT Abbott Laboratories 0.99% 377,278 $47.3M Reduce -1.5%
ALL Allstate Corp. 0.97% 222,536 $46.3M Reduce -1.6%
APA Apa Corp. 0.95% 1,863,388 $45.6M Reduce -0.5%
KO The Coca-Cola Co. 0.85% 582,250 $40.7M Reduce -8.7%
GILD Gilead Sciences Inc. 0.84% 328,854 $40.4M Reduce -1.7%
VZ Verizon Communications Inc. 0.80% 934,040 $38.0M Add +1.5%
GD General Dynamics Corp. 0.73% 104,169 $35.1M Reduce -4.9%
TFC Truist Financial Corp. 0.73% 711,099 $35.0M Reduce -1.6%
TSM Taiwan Semiconductor-SP ADR 0.72% 113,389 $34.5M Add +2.1%
JPM JPMorgan Chase & Co. 0.69% 102,190 $32.9M Add +1.2%
PFE Pfizer Inc. 0.65% 1,241,556 $30.9M Reduce -0.4%
SHEL Shell PLC-ADR 0.64% 416,277 $30.6M Add +5.6%
ABBNY Abb Ltd.-Spon ADR 0.60% 384,375 $28.7M Reduce -3.9%
KMB Kimberly-Clark Corp. 0.59% 278,919 $28.1M Reduce -3.3%
NEM Newmont Corp. 0.57% 273,825 $27.3M Reduce -2.0%
AZN Astrazeneca PLC-Spons ADR 0.57% 293,777 $27.0M Reduce -1.3%
CINF Cincinnati Financial Corp. 0.56% 162,953 $26.6M Reduce -3.0%
MELI MercadoLibre Inc. 0.51% 12,201 $24.6M Reduce -0.2%
V Visa Inc. Class A 0.51% 70,026 $24.6M Reduce -0.4%
BKNG Booking Holdings Inc. 0.51% 4,545 $24.3M Reduce -0.1%
RIO Rio Tinto PLC-Spon ADR 0.48% 287,838 $23.0M Reduce -3.3%
T AT&T Inc. 0.48% 927,015 $23.0M Add +0.7%
MSCI MSCI Inc. 0.47% 38,947 $22.3M Reduce -23.1%
MLM Martin Marietta Materials 0.47% 35,848 $22.3M Reduce -25.4%
CFG Citizens Financial Group 0.47% 381,985 $22.3M Reduce -0.5%
DINO HF Sinclair Corp. 0.46% 481,964 $22.2M Reduce -3.0%
ASML ASML Holding NV-NY Reg SHS 0.46% 20,755 $22.2M Add +0.6%
UL Unilever PLC-Sponsored ADR 0.46% 333,215 $21.8M Add +2.8%
RTX RTX Corp. 0.44% 115,515 $21.2M Reduce -6.9%
CRH CRH PLC 0.44% 168,345 $21.0M Add +0.5%
VST Vistra Corp. 0.43% 126,993 $20.5M Reduce -18.0%
VRSK Verisk Analytics Inc. 0.43% 91,145 $20.4M Add +17.0%
CLX Clorox Company 0.41% 195,813 $19.7M Reduce -5.0%
LIN Linde PLC 0.41% 45,916 $19.6M Add +11.1%
HLT Hilton Worldwide Holdings Inc. 0.39% 64,425 $18.5M Add +14.2%
SAP Sap SE-Sponsored ADR 0.38% 75,000 $18.2M No change
EMR Emerson Electric Co. 0.38% 136,090 $18.1M Reduce -3.3%
GOOG Alphabet Inc. Class C 0.37% 56,265 $17.7M Reduce -12.3%
GIS General Mills Inc. 0.37% 377,028 $17.5M Reduce -1.7%
BMY Bristol-Myers Squibb Co. 0.36% 315,124 $17.0M Add +3.0%
GSK GSK PLC-Spon ADR 0.34% 331,875 $16.3M Reduce -3.2%
VEEV Veeva Systems Inc. Class A 0.34% 72,181 $16.1M Reduce -22.5%
BP BP PLC-Spons ADR 0.34% 463,064 $16.1M Reduce -1.1%
AON Aon PLC Class A 0.33% 44,866 $15.8M No change
AVGO Broadcom Inc. 0.32% 44,216 $15.3M Add +4.7%
PYPL PayPal Holdings Inc. 0.32% 260,383 $15.2M Reduce -5.4%
CSGP Costar Group Inc. 0.32% 224,416 $15.1M Reduce -3.1%
GFL GFL Environmental Inc.-Sub VT 0.31% 350,000 $15.0M No change
RSG Republic Services Inc. 0.31% 70,579 $15.0M Reduce -4.4%
KNSL Kinsale Capital Group Inc. 0.31% 37,990 $14.9M No change
DLR Digital Realty Trust Inc. 0.29% 90,000 $13.9M No change
RGEN Repligen Corp. 0.29% 83,780 $13.7M Add +7.0%
VRT Vertiv Holdings Co. Class A 0.28% 83,994 $13.6M Reduce -31.4%
MA Mastercard Inc. Class A 0.28% 23,704 $13.5M Add +1.7%
OPCH Option Care Health Inc. 0.28% 424,620 $13.5M Add +0.0%
EMN Eastman Chemical Co. 0.28% 210,552 $13.4M Add +29.5%
CPRT Copart Inc. 0.28% 341,539 $13.4M Add +8.0%
ADM Archer-Daniels-Midland Co. 0.28% 231,475 $13.3M Reduce -2.4%
TRU Transunion 0.27% 151,546 $13.0M Reduce -33.1%
AME Ametek Inc. 0.27% 63,275 $13.0M Reduce -15.9%
RCL Royal Caribbean Cruises Ltd. 0.27% 45,626 $12.7M Add +166.4%
FOUR SHIFT4 Payments Inc. Class A 0.26% 198,686 $12.5M Reduce -20.4%
SKY Champion Homes Inc. 0.26% 146,731 $12.4M Add +0.1%
PCOR Procore Technologies Inc. 0.26% 169,800 $12.4M Reduce -13.7%
OLED Universal Display Corp. 0.26% 105,487 $12.3M No change
LYV Live Nation Entertainment Inc. 0.26% 86,000 $12.3M No change
CME Cme Group Inc. 0.25% 44,572 $12.2M Reduce -3.5%
MDT Medtronic PLC 0.25% 124,460 $12.0M Add +1.4%
WT Wisdomtree Inc. 0.25% 971,380 $11.8M Add +0.1%
IT Gartner Inc. 0.25% 46,871 $11.8M Add +0.0%
EGY Vaalco Energy Inc. 0.25% 3,228,660 $11.8M Add +0.9%
NTRA Natera Inc. 0.24% 49,929 $11.4M Reduce -43.4%
SYY Sysco Corp. 0.24% 154,909 $11.4M Reduce -5.0%
LGND Ligand Pharmaceuticals 0.24% 60,342 $11.4M Reduce -33.8%
JBTM JBT Marel Corp. 0.24% 75,275 $11.3M No change
IDXX Idexx Laboratories Inc. 0.24% 16,744 $11.3M No change
CAG Conagra Brands Inc. 0.23% 644,968 $11.2M Reduce -13.2%
MCD McDonald's Corp. 0.23% 36,140 $11.0M Add +0.9%
WMS Advanced Drainage Systems Inc. 0.23% 76,180 $11.0M Reduce -19.4%
SPGI S&P Global Inc. 0.23% 21,088 $11.0M Reduce -1.9%
PGNY Progyny Inc. 0.23% 427,031 $11.0M Add +0.0%
TECH Bio-Techne Corp. 0.22% 182,514 $10.7M Reduce -2.2%
UBER Uber Technologies Inc. 0.22% 130,946 $10.7M Reduce -4.4%
CELH Celsius Holdings Inc. 0.22% 231,181 $10.6M Add +103.2%
CSTL Castle Biosciences Inc. 0.22% 267,733 $10.4M Reduce -3.8%
CWAN Clearwater Analytics HDS-A 0.22% 430,350 $10.4M No change
COR Cencora Inc. 0.22% 30,660 $10.4M Reduce -31.3%
ICE Intercontinental Exchange Inc. 0.22% 63,874 $10.3M Add +32.5%
JHX James Hardie Ind PLC 0.22% 498,525 $10.3M No change
ALC Alcon Inc. filed as ALCON AG 0.21% 126,317 $10.0M Reduce -33.1%
ELF Elf Beauty Inc. 0.21% 130,861 $10.0M Add +13.2%
BHP BHP Group Ltd.-Spon ADR 0.21% 163,930 $9.9M Reduce -3.7%
FIX Comfort Systems USA Inc. 0.21% 10,600 $9.9M No change
LION Lionsgate Studios Corp. 0.21% 1,077,502 $9.8M Reduce -7.8%
HP Helmerich & Payne 0.20% 334,765 $9.6M Reduce -7.9%
GLW Corning Inc. 0.20% 109,165 $9.6M Reduce -7.0%
TYL Tyler Technologies Inc. 0.20% 21,039 $9.6M Add +13.8%
GWRE Guidewire Software Inc. 0.19% 44,849 $9.0M Reduce -13.5%
PLMR Palomar Holdings Inc. 0.18% 64,843 $8.7M No change
ESTA Establishment Labs Holdings 0.18% 118,920 $8.7M Reduce -33.0%
CBRE CBRE Group Inc. Class A 0.18% 53,454 $8.6M Reduce -10.4%
NVO Novo-Nordisk A/S-Spons ADR 0.18% 168,145 $8.6M Add +5.7%
ADSK Autodesk Inc. 0.17% 28,123 $8.3M No change
EW Edwards Lifesciences Corp. 0.17% 97,560 $8.3M Reduce -18.4%
SNY Sanofi-ADR 0.17% 170,000 $8.2M No change
WHD Cactus Inc. Class A 0.17% 179,701 $8.2M Add +0.1%
SLAB Silicon Laboratories Inc. 0.17% 62,330 $8.1M No change
CL Colgate-Palmolive Co. 0.17% 99,843 $7.9M Reduce -6.9%
FDX FedEx Corp. 0.16% 27,286 $7.9M Reduce -2.9%
SU Suncor Energy Inc. 0.16% 177,293 $7.9M Reduce -4.3%
USB US Bancorp 0.16% 147,313 $7.9M Add +141.2%
FICO Fair Isaac Corp. 0.16% 4,610 $7.8M No change
MPC Marathon Petroleum Corp. 0.16% 47,831 $7.8M Reduce -9.5%
MOD Modine Manufacturing Co. 0.16% 57,370 $7.7M No change
AVAV Aerovironment Inc. 0.16% 31,618 $7.6M Reduce -22.2%
HALO Halozyme Therapeutics Inc. 0.16% 113,499 $7.6M No change
KHC The Kraft Heinz Co. 0.16% 311,571 $7.6M Reduce -11.8%
C Citigroup Inc. 0.16% 64,635 $7.5M Add +6.7%
HWM Howmet Aerospace Inc. 0.16% 36,425 $7.5M Add +18.3%
WLDN Willdan Group Inc. 0.15% 70,991 $7.4M Reduce -3.0%
CNI Canadian Natl Railway Co. 0.15% 73,998 $7.3M No change
UNP Union Pacific Corp. 0.15% 31,503 $7.3M Reduce -1.6%
RELX Relx PLC - Spon ADR 0.15% 180,000 $7.3M No change
DOW Dow Inc. 0.15% 308,032 $7.2M Reduce -18.6%
GEV GE Vernova Inc. 0.15% 10,971 $7.2M Reduce -1.8%
GWW WW Grainger Inc. 0.15% 7,104 $7.2M Reduce -2.7%
FCN Fti Consulting Inc. 0.15% 41,890 $7.2M No change
GTLS Chart Industries Inc. 0.15% 34,644 $7.1M No change
NSSC Napco Security Technologies 0.15% 170,304 $7.1M Reduce -1.9%
NOVT Novanta Inc. 0.15% 59,255 $7.1M No change
NSC Norfolk Southern Corp. 0.15% 24,413 $7.0M Reduce -7.3%
HD Home Depot Inc. 0.15% 20,415 $7.0M Add +0.2%
MEDP Medpace Holdings Inc. 0.15% 12,455 $7.0M No change
MYRG MYR Group Inc./Delaware 0.15% 31,890 $7.0M No change
HQY Healthequity Inc. 0.14% 75,326 $6.9M No change
CPAY Corpay Inc. 0.14% 22,844 $6.9M No change
MAR Marriott International Class A 0.14% 22,090 $6.9M Reduce -11.9%
PINS Pinterest Inc. Class A 0.14% 264,296 $6.8M Reduce -4.3%
SITM Sitime Corp. 0.14% 19,017 $6.7M Add +7.4%
HEI.A Heico Corp. Class A 0.14% 26,600 $6.7M No change
MANH Manhattan Associates Inc. 0.14% 38,260 $6.6M Add +0.7%
MMYT Makemytrip Ltd. 0.14% 80,000 $6.6M Add +23.1%
APH Amphenol Corp. Class A 0.14% 48,602 $6.6M Reduce -35.5%
BIRK Birkenstock Holding PLC 0.14% 160,525 $6.6M Reduce -44.2%
TCEHY Tencent Holdings Ltd.-Uns ADR 0.14% 85,000 $6.5M Add +30.8%
PAYX Paychex Inc. 0.14% 58,102 $6.5M Add +1.2%
ADMA Adma Biologics Inc. 0.14% 356,867 $6.5M Reduce -0.9%
NFLX Netflix Inc. 0.13% 67,185 $6.3M Reduce -6.5%
PSX Phillips 66 0.13% 48,762 $6.3M Reduce -2.4%
DKL Delek Logistics Partners LP 0.13% 140,000 $6.2M No change
ROK Rockwell Automation Inc. 0.13% 16,003 $6.2M Add +216.5%
ABBV Abbvie Inc. 0.13% 27,136 $6.2M Add +22.7%
BG Bunge Global SA 0.13% 69,555 $6.2M Reduce -3.8%
TSCO Tractor Supply Company 0.13% 122,428 $6.1M Reduce -3.2%
AMGN Amgen Inc. 0.13% 18,458 $6.0M Add +19.6%
ESE Esco Technologies Inc. 0.13% 30,865 $6.0M No change
BKR Baker Hughes Co. 0.13% 132,195 $6.0M Reduce -5.2%
A Agilent Technologies Inc. 0.12% 43,696 $5.9M Reduce -8.2%
VRNS Varonis Systems Inc. 0.12% 180,358 $5.9M Reduce -41.2%
INTA Intapp Inc. 0.12% 128,180 $5.9M No change
PJT PJT Partners Inc. Class A 0.12% 35,055 $5.9M Add +28.8%
QDEL Quidelortho Corp. 0.12% 205,020 $5.9M Add +0.1%
CP Canadian Pacific Kansas City 0.12% 77,597 $5.7M Reduce -5.6%
PEGA Pegasystems Inc. 0.12% 95,185 $5.7M No change
AMP Ameriprise Financial Inc. 0.12% 11,535 $5.7M No change
WAY Waystar Holding Corp. 0.12% 172,380 $5.6M No change
ONTO Onto Innovation Inc. 0.12% 35,645 $5.6M No change
VMC Vulcan Materials Co. 0.12% 19,600 $5.6M New
DXCM Dexcom Inc. 0.11% 82,461 $5.5M Reduce -12.6%
FLUT Flutter Entertainment PLC-Di 0.11% 25,000 $5.4M New
VERX Vertex Inc. Class A 0.11% 268,985 $5.4M Add +0.1%
NTRS Northern Trust Corp. 0.11% 38,815 $5.3M Reduce -3.8%
UNH Unitedhealth Group Inc. 0.11% 16,007 $5.3M Reduce -6.7%
KRNT Kornit Digital Ltd. 0.11% 366,677 $5.3M Add +0.1%
PODD Insulet Corp. 0.11% 18,500 $5.3M No change
EXPE Expedia Group Inc. 0.11% 18,540 $5.3M Reduce -35.0%
SNOW Snowflake Inc. 0.11% 23,889 $5.2M Reduce -59.3%
PAY Paymentus Holdings Inc. Class A 0.11% 164,510 $5.2M Add +12.8%
BOOT Boot Barn Holdings Inc. 0.11% 29,160 $5.1M Reduce -30.6%
HDB HDFC Bank Ltd.-ADR 0.11% 140,000 $5.1M No change
SNN Smith & Nephew PLC -Spon ADR 0.11% 154,254 $5.1M No change
EFX Equifax Inc. 0.11% 23,165 $5.0M Reduce -47.1%
ADI Analog Devices Inc. 0.10% 18,398 $5.0M No change
CEG Constellation Energy 0.10% 14,078 $5.0M Reduce -20.4%
DORM Dorman Products Inc. 0.10% 40,065 $4.9M No change
CVLT Commvault Systems Inc. 0.10% 39,190 $4.9M No change
ZS Zscaler Inc. 0.10% 21,675 $4.9M Reduce -1.9%
WCC Wesco International Inc. 0.10% 19,855 $4.9M No change
VNOM Viper Energy Inc. Class A 0.10% 125,000 $4.8M No change
LPLA LPL Financial Holdings Inc. 0.10% 13,500 $4.8M New
ECG Everus Construction Group 0.10% 55,685 $4.8M Reduce -33.3%
MPWR Monolithic Power Systems Inc. 0.10% 5,227 $4.7M No change
FWRG First Watch Restaurant Group 0.10% 309,387 $4.7M No change
AXON Axon Enterprise Inc. 0.10% 8,185 $4.6M No change
SITE Siteone Landscape Supply Inc. 0.10% 37,190 $4.6M No change
NRG NRG Energy Inc. 0.10% 29,076 $4.6M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.10% 83,743 $4.6M Reduce -0.1%
SSNC Ss&c Technologies Holdings 0.10% 52,642 $4.6M No change
CRDO Credo Technology Group Holdi 0.10% 31,795 $4.6M Reduce -33.8%
ICLR Icon PLC 0.10% 25,037 $4.6M Reduce -53.8%
CMCSA Comcast Corp. Class A 0.10% 152,161 $4.5M Add +12.0%
FAST Fastenal Co. 0.10% 113,251 $4.5M Reduce -0.3%
OS Onestream Inc. 0.09% 245,605 $4.5M No change
SEI Solaris Energy Infrastructur 0.09% 96,950 $4.5M Add +61.8%
ALNY Alnylam Pharmaceuticals Inc. 0.09% 11,114 $4.4M Reduce -53.1%
HON Honeywell International Inc. 0.09% 22,161 $4.3M Reduce -1.6%
RBLX Roblox Corp. Class A 0.09% 53,250 $4.3M No change
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 0.09% 179,519 $4.3M No change
CWST Casella Waste Systems Inc. Class A 0.09% 43,355 $4.2M New
CIEN Ciena Corp. 0.09% 18,119 $4.2M Reduce -73.7%
JLL Jones Lang Lasalle Inc. 0.09% 12,500 $4.2M New
SNPS Synopsys Inc. 0.09% 8,898 $4.2M Reduce -18.4%
VOO Vanguard S&P 500 ETF 0.09% 6,618 $4.2M Add +4.3%
KAI Kadant Inc. 0.09% 14,540 $4.1M No change
VCEL Vericel Corp. 0.09% 114,790 $4.1M Add +0.1%
INTU Intuit Inc. 0.09% 6,161 $4.1M Add +9.0%
VVV Valvoline Inc. 0.09% 139,756 $4.1M No change
APD Air Products & Chemicals Inc. 0.08% 16,333 $4.0M Reduce -5.5%
BRK.B Berkshire Hathaway Inc. Class B 0.08% 8,025 $4.0M Add +0.3%
STRL Sterling Infrastructure Inc. 0.08% 13,075 $4.0M Reduce -52.5%
TREX Trex Company Inc. 0.08% 113,175 $4.0M No change
TMO Thermo Fisher Scientific Inc. 0.08% 6,805 $3.9M Reduce -0.3%
RDDT Reddit Inc. Class A 0.08% 17,100 $3.9M Add +19.4%
SKYT Skywater Technology Inc. 0.08% 214,560 $3.9M No change
HCA HCA Healthcare Inc. 0.08% 8,225 $3.8M No change
ROST Ross Stores Inc. 0.08% 21,225 $3.8M Reduce -51.4%
PH Parker Hannifin Corp. 0.08% 4,257 $3.7M No change
CAH Cardinal Health Inc. 0.08% 18,164 $3.7M Add +100.8%
WRBY Warby Parker Inc. Class A 0.08% 170,680 $3.7M Add +30.3%
ICFI Icf International Inc. 0.08% 43,556 $3.7M Add +0.1%
BROS Dutch Bros Inc. Class A 0.08% 59,590 $3.6M Add +1.6%
PTEN Patterson-Uti Energy Inc. 0.08% 593,320 $3.6M No change
MTDR Matador Resources Co. 0.08% 84,935 $3.6M No change
FERG Ferguson Enterprises Inc. 0.07% 15,806 $3.5M Add +150.9%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.07% 51,786 $3.5M Reduce -10.4%
HLNE Hamilton Lane Inc. Class A 0.07% 25,566 $3.4M Reduce -37.9%
CRM Salesforce Inc. 0.07% 12,960 $3.4M Reduce -2.3%
UPS United Parcel Service Class B 0.07% 34,463 $3.4M Reduce -17.2%
TRNS Transcat Inc. 0.07% 58,780 $3.3M Add +3.7%
WELL Welltower Inc. 0.07% 17,900 $3.3M No change
ARQT Arcutis Biotherapeutics Inc. 0.07% 113,385 $3.3M New
NOW ServiceNow Inc. 0.07% 21,455 $3.3M Reduce -0.7%
TENB Tenable Holdings Inc. 0.07% 139,050 $3.3M No change
TSLA Tesla Inc. 0.07% 7,222 $3.2M Add +14.7%
RHHBY Roche Holdings Ltd.-Spons ADR 0.07% 61,873 $3.2M Reduce -5.0%
RYAAY Ryanair Holdings PLC-SP ADR 0.06% 43,000 $3.1M No change
CNQ Canadian Natural Resources 0.06% 91,670 $3.1M Add +2.5%
MDLZ Mondelez International Inc. Class A 0.06% 57,268 $3.1M Reduce -11.2%
LARK Landmark Bancorp Inc. 0.06% 117,221 $3.1M Reduce -1.7%
DHR Danaher Corp. 0.06% 13,306 $3.0M Add +36.7%
MTCH Match Group Inc. 0.06% 94,155 $3.0M Reduce -11.3%
MORN Morningstar Inc. 0.06% 13,827 $3.0M Reduce -40.6%
AGX Argan Inc. 0.06% 9,590 $3.0M No change
GPC Genuine Parts Co. 0.06% 24,352 $3.0M Reduce -50.2%
TIC Tic Solutions Inc. 0.06% 296,036 $3.0M No change
KDP Keurig Dr Pepper Inc. 0.06% 106,782 $3.0M Reduce -17.2%
PRVA Privia Health Group Inc. 0.06% 124,535 $3.0M No change
HAS Hasbro Inc. 0.06% 35,820 $2.9M Reduce -3.9%
PANW Palo Alto Networks Inc. 0.06% 15,912 $2.9M No change
LLYVK Liberty Live Holdings Class C 0.06% 35,000 $2.9M No change
PBI Pitney Bowes Inc. 0.06% 269,960 $2.9M Reduce -7.9%
WING Wingstop Inc. 0.06% 11,800 $2.8M Add +113.8%
PTC PTC Inc. 0.06% 16,000 $2.8M No change
ISRG Intuitive Surgical Inc. 0.06% 4,878 $2.8M Reduce -0.4%
FWONA Liberty Media Corp. Class A 0.06% 30,529 $2.7M No change
LNTH Lantheus Holdings Inc. 0.06% 40,385 $2.7M Reduce -49.1%
ET Energy Transfer LP 0.06% 162,625 $2.7M No change
MTD Mettler-Toledo International 0.06% 1,910 $2.7M Reduce -1.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.05% 3,842 $2.6M Reduce -3.7%
AMAT Applied Materials Inc. 0.05% 10,033 $2.6M Add +39.8%
F Ford Motor Co. filed as FORD MTR CO 0.05% 196,171 $2.6M Reduce -7.5%
NTDOY Nintendo Co. Ltd.-Unspons ADR 0.05% 150,320 $2.5M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 22,281 $2.5M Reduce -2.0%
SYK Stryker Corp. 0.05% 7,197 $2.5M Reduce -0.2%
IQV Iqvia Holdings Inc. 0.05% 10,600 $2.4M Reduce -59.7%
CCC CCC Intelligent Solutions Ho 0.05% 300,000 $2.4M Reduce -50.8%
ON On Semiconductor 0.05% 43,880 $2.4M Add +1.3%
ARWR Arrowhead Pharmaceuticals Inc. 0.05% 35,780 $2.4M New
AOS Smith (a.o.) Corp. 0.05% 35,082 $2.3M Reduce -0.4%
ZYME Zymeworks Inc. 0.05% 88,800 $2.3M New
IONS Ionis Pharmaceuticals Inc. 0.05% 29,105 $2.3M New
GE General Electric filed as GE AEROSPACE 0.05% 7,365 $2.3M Reduce -10.0%
INTC Intel Corp. 0.05% 59,341 $2.2M Reduce -26.9%
DDOG Datadog Inc. Class A 0.05% 15,900 $2.2M Reduce -70.5%
CTAS Cintas Corp. 0.05% 11,465 $2.2M Reduce -2.4%
LMT Lockheed Martin Corp. 0.04% 4,379 $2.1M Reduce -1.2%
OLLI Ollie's Bargain Outlet Holdi 0.04% 19,055 $2.1M No change
ACM Aecom 0.04% 21,800 $2.1M Reduce -0.3%
RBA RB Global Inc. 0.04% 20,000 $2.1M No change
MCK McKesson Corp. 0.04% 2,500 $2.1M No change
BE Bloom Energy Corp. Class A 0.04% 23,395 $2.0M New
IVV iShares Core S&P 500 ETF 0.04% 2,934 $2.0M Reduce -9.4%
BIO Bio-Rad Laboratories-A 0.04% 6,606 $2.0M Reduce -31.3%
MCO Moody's Corp. 0.04% 3,895 $2.0M No change
EHC Encompass Health Corp. 0.04% 18,520 $2.0M No change
TDG Transdigm Group Inc. 0.04% 1,446 $1.9M No change
ETN Eaton Corp. PLC 0.04% 6,035 $1.9M Add +9.8%
AEP American Electric Power 0.04% 16,613 $1.9M No change
XYL Xylem Inc. 0.04% 13,998 $1.9M Reduce -9.6%
EIX Edison International 0.04% 30,974 $1.9M Add +1.2%
TATT Tat Technologies Ltd. 0.04% 40,171 $1.8M Add +0.4%
SBUX Starbucks Corp. 0.04% 21,066 $1.8M Reduce -9.4%
LHX L3HARRIS Technologies Inc. 0.04% 5,982 $1.8M Reduce -0.8%
AAOI Applied Optoelectronics Inc. 0.04% 50,213 $1.8M Reduce -16.7%
CCL Carnival Corp. 0.04% 57,000 $1.7M Reduce -78.1%
TSN Tyson Foods Inc. Class A 0.04% 28,955 $1.7M Reduce -3.7%
MMM 3M Co. 0.03% 10,385 $1.7M Reduce -16.1%
BUR Burford Capital Ltd. 0.03% 180,800 $1.6M No change
CDRE Cadre Holdings Inc. 0.03% 39,166 $1.6M Reduce -4.1%
TMUS T-Mobile US Inc. 0.03% 7,868 $1.6M Add +298.8%
EPD Enterprise Products Partners 0.03% 49,650 $1.6M Reduce -4.4%
TTWO Take-Two Interactive Softwre 0.03% 6,208 $1.6M No change
OSW Onespaworld Holdings Ltd. 0.03% 75,621 $1.6M Add +0.4%
CIVI Civitas Resources Inc. 0.03% 56,065 $1.5M Add +19.8%
TLT iShares 20+ Year Treasury BD 0.03% 17,328 $1.5M No change
PI Impinj Inc. 0.03% 8,536 $1.5M Reduce -5.2%
NKE Nike Inc. Class B 0.03% 22,991 $1.5M Reduce -15.4%
REGN Regeneron Pharmaceuticals 0.03% 1,891 $1.5M New
VTRS Viatris Inc. 0.03% 117,177 $1.5M Reduce -0.0%
BLK BlackRock Inc. 0.03% 1,354 $1.4M No change
PRMB Primo Brands Corp. 0.03% 88,600 $1.4M No change
MTN Vail Resorts Inc. 0.03% 10,746 $1.4M No change
DEO Diageo PLC-Sponsored ADR 0.03% 16,489 $1.4M Reduce -17.7%
CMC Commercial Metals Co. 0.03% 20,396 $1.4M Add +1.3%
GRDN Guardian Phrmcy Services-A 0.03% 46,196 $1.4M Reduce -7.6%
HROW Harrow Inc. 0.03% 28,119 $1.4M Reduce -6.3%
PATK Patrick Industries Inc. 0.03% 12,653 $1.4M Add +0.4%
NOG Northern Oil and Gas Inc. 0.03% 63,400 $1.4M No change
BWMN Bowman Consulting Group Ltd. 0.03% 41,175 $1.4M Reduce -14.2%
PSA Public Storage 0.03% 5,200 $1.3M No change
ILMN Illumina Inc. 0.03% 10,262 $1.3M Add +2.2%
PRCT Procept Biorobotics Corp. 0.03% 42,735 $1.3M No change
HSTM Healthstream Inc. 0.03% 57,846 $1.3M Reduce -8.3%
PCG P G & E Corp. 0.03% 82,600 $1.3M No change
DOV Dover Corp. 0.03% 6,686 $1.3M Reduce -1.8%
VLO Valero Energy Corp. 0.03% 7,989 $1.3M Add +0.5%
IEF iShares 7-10 Year Treasury B 0.03% 13,140 $1.3M No change
LAMR Lamar Advertising Co. Class A 0.03% 9,968 $1.3M No change
CRGY Crescent Energy Inc. Class A 0.03% 150,000 $1.3M No change
ELV Elevance Health Inc. 0.03% 3,530 $1.2M Add +0.3%
UFPT Ufp Technologies Inc. 0.03% 5,523 $1.2M Add +15.7%
IIIV I3 Verticals Inc. Class A 0.03% 48,406 $1.2M Add +0.4%
ACEL Accel Entertainment Inc. 0.03% 105,548 $1.2M Add +0.4%
ORCL Oracle Corp. 0.03% 6,142 $1.2M Reduce -20.3%
BGS B&G Foods Inc. 0.02% 275,826 $1.2M Reduce -4.7%
OMCL Omnicell Inc. 0.02% 26,111 $1.2M Reduce -7.4%
CPB The Campbell's Company 0.02% 41,950 $1.2M Add +0.1%
AIOT Powerfleet Inc. 0.02% 213,899 $1.1M Add +10.8%
GCMG GCM Grosvenor Inc. Class A 0.02% 100,427 $1.1M Add +0.4%
HLMN Hillman Solutions Corp. 0.02% 130,555 $1.1M Add +0.4%
ESI Element Solutions Inc. 0.02% 44,489 $1.1M Add +0.4%
ECL Ecolab Inc. 0.02% 4,233 $1.1M Reduce -1.5%
CLF Cleveland-Cliffs Inc. 0.02% 83,650 $1.1M Reduce -11.0%
ORLY O'reilly Automotive Inc. 0.02% 11,870 $1.1M No change
EQIX Equinix Inc. 0.02% 1,412 $1.1M No change
FEIM Frequency Electronics Inc. 0.02% 20,085 $1.1M New
IWD iShares Russell 1000 Value E 0.02% 5,140 $1.1M Reduce -27.4%
BA The Boeing Co. 0.02% 4,975 $1.1M Add +30.3%
SRE Sempra 0.02% 12,200 $1.1M No change
BLFS Biolife Solutions Inc. 0.02% 44,188 $1.1M Reduce -9.8%
LMAT Lemaitre Vascular Inc. 0.02% 13,144 $1.1M Add +0.4%
ASIC Ategrity Specialty Holdings 0.02% 50,213 $1.1M Add +0.4%
DD Dupont DE Nemours Inc. 0.02% 25,969 $1.0M Reduce -1.3%
AMSC American Superconductor Corp. 0.02% 36,154 $1.0M Add +9.6%
VRRM Verra Mobility Corp. 0.02% 46,341 $1.0M Add +0.4%
NXPI NXP Semiconductors NV 0.02% 4,776 $1.0M Add +6.2%
IBB iShares Biotechnology ETF 0.02% 6,125 $1.0M No change
PEB Pebblebrook Hotel Trust 0.02% 90,000 $1.0M No change
VRTX Vertex Pharmaceuticals Inc. 0.02% 2,245 $1.0M Reduce -9.3%
MAMA Mama's Creations Inc. 0.02% 75,320 $1.0M New
TRV The Travelers Cos Inc. 0.02% 3,486 $1.0M New
Q Qnity Electronics Inc. 0.02% 12,339 $1.0M Reduce -6.2%
ADBE Adobe Inc. 0.02% 2,832 $991K New
YUM Yum! Brands Inc. 0.02% 6,537 $989K Add +3.0%
BAX Baxter International Inc. 0.02% 51,505 $984K Reduce -37.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.02% 6,389 $981K Reduce -25.4%
CMP Compass Minerals Internation 0.02% 49,649 $975K Reduce -12.0%
SHOP Shopify Inc. Class A 0.02% 6,031 $971K New
STKL Sunopta Inc. 0.02% 253,778 $964K Add +0.4%
IAU iShares Gold Trust 0.02% 11,708 $950K Reduce -10.3%
AMD Advanced Micro Devices 0.02% 4,425 $948K Reduce -19.2%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.02% 13,465 $944K Reduce -4.0%
CPRX Catalyst Pharmaceuticals Inc. 0.02% 40,171 $938K Add +0.4%
SLP Simulations Plus Inc. 0.02% 51,218 $934K Add +0.4%
MAC The Macerich Co. 0.02% 50,000 $923K No change
TKR Timken Co. 0.02% 10,864 $914K Reduce -0.2%
KNSA Kiniksa Pharmaceuticals Inte 0.02% 22,091 $911K New
APP AppLovin Corp. Class A 0.02% 1,350 $910K Add +10.2%
PM Philip Morris International 0.02% 5,553 $891K Add +1.6%
PSTL Postal Realty Trust Inc. Class A 0.02% 55,000 $888K No change
ARGX Argenx SE - ADR 0.02% 1,050 $883K No change
NTST Netstreit Corp. 0.02% 50,000 $882K No change
HAYW Hayward Holdings Inc. 0.02% 56,533 $873K Add +0.4%
MRVL Marvell Technology Inc. 0.02% 10,181 $865K No change
WAB Wabtec Corp. 0.02% 4,050 $864K Add +36.1%
CDNL Cardinal Infrastructure GR-A 0.02% 35,149 $850K New
O Realty Income Corp. 0.02% 15,040 $848K No change
OTIS Otis Worldwide Corp. 0.02% 9,684 $846K No change
KTOS Kratos Defense & Security 0.02% 11,045 $838K Reduce -21.1%
GDYN Grid Dynamics Holdings Inc. 0.02% 92,392 $834K Add +20.0%
NLOP Net Lease Office Property 0.02% 31,432 $811K No change
RCAT Red Cat Holdings Inc. 0.02% 100,427 $796K Add +18.1%
TDC Teradata Corp. 0.02% 25,609 $780K Reduce -11.7%
GS Goldman Sachs Group Inc. 0.02% 883 $776K New
LW Lamb Weston Holdings Inc. 0.02% 18,505 $775K Add +0.1%
LASR Nlight Inc. 0.02% 20,085 $753K Add +0.4%
CHCT Community Healthcare Trust I 0.02% 44,790 $735K Add +0.4%
PNC PNC Financial Services Group 0.02% 3,497 $730K New
CDNS Cadence Design SYS Inc. 0.02% 2,325 $727K Reduce -1.1%
CIGI Colliers Intl GR-Subord Vot 0.01% 4,884 $718K No change
CALX Calix Inc. 0.01% 13,562 $718K Add +0.4%
ANET Arista Networks Inc. 0.01% 5,465 $716K Reduce -41.5%
DELL Dell Technologies -C 0.01% 5,656 $712K Add +90.9%
CARL Carlsmed Inc. 0.01% 55,235 $682K Add +0.4%
EQT Eqt Corp. 0.01% 12,710 $681K New
PHR Phreesia Inc. 0.01% 40,171 $680K Add +0.4%
WDS Woodside Energy Group-ADR 0.01% 42,726 $666K Reduce -5.2%
GPK Graphic Packaging Holding Co. 0.01% 43,700 $658K No change
FSLR First Solar Inc. 0.01% 2,470 $645K Reduce -18.2%
CAT Caterpillar Inc. 0.01% 1,126 $645K Reduce -1.4%
NCNO Ncino Inc. 0.01% 24,828 $637K Reduce -7.2%
KVUE Kenvue Inc. 0.01% 36,440 $629K Reduce -1.2%
BSX Boston Scientific Corp. 0.01% 6,537 $623K Reduce -28.5%
STX Seagate Technology Holdings 0.01% 2,175 $599K Reduce -41.2%
AMT American Tower Corp. 0.01% 3,400 $597K No change
SPOT Spotify Technology SA 0.01% 1,025 $595K Reduce -22.6%
WD Walker & Dunlop Inc. 0.01% 9,400 $565K No change
TT Trane Technologies PLC 0.01% 1,450 $564K Add +2.3%
TXN Texas Instruments Inc. 0.01% 3,150 $546K Reduce -0.8%
LOVE The Lovesac Co. 0.01% 35,601 $525K Add +0.4%
PMTS Cpi Card Group Inc. 0.01% 35,149 $516K Add +0.4%
CHD Church & Dwight Co. Inc. 0.01% 6,030 $506K No change
CVU Cpi Aerostructures Inc. 0.01% 127,300 $504K New
CMG Chipotle Mexican Grill Inc. 0.01% 13,610 $504K Reduce -2.4%
AMBQ Ambiq Micro Inc. 0.01% 17,073 $487K Add +0.4%
DOCU Docusign Inc. 0.01% 6,970 $477K Reduce -0.9%
KIDS Orthopediatrics Corp. 0.01% 26,703 $474K Add +0.4%
NTNX Nutanix Inc. Class A 0.01% 8,950 $463K Reduce -90.8%
CNS Cohen & Steers Inc. 0.01% 6,980 $438K New
CLB Core Laboratories Inc. 0.01% 26,975 $432K Reduce -13.4%
NET Cloudflare Inc. Class A 0.01% 2,150 $424K New
XLP SS Consumer Staples Sel Sect 0.01% 5,275 $410K Reduce -50.5%
ONON On Holding AG Class A filed as ON HLDG AG 0.01% 8,450 $393K New
E Eni SPA-Sponsored ADR 0.01% 9,875 $375K New
FSV Firstservice Corp. 0.01% 2,369 $368K No change
LOW Lowe's Cos Inc. 0.01% 1,455 $351K Reduce -0.7%
MO Altria Group Inc. 0.01% 6,002 $346K Add +3.3%
NEE Nextera Energy Inc. 0.01% 4,173 $335K Add +6.9%
FTAI Ftai Aviation Ltd. 0.01% 1,650 $325K New
TTE Totalenergies SE 0.01% 4,953 $324K Reduce -31.7%
UMBF Umb Financial Corp. 0.01% 2,800 $322K No change
FANG Diamondback Energy Inc. 0.01% 2,108 $317K Add +10.5%
STRZ Starz Entertainment Corp. 0.01% 26,687 $312K Reduce -51.3%
NVS Novartis AG-Sponsored ADR 0.01% 2,140 $295K New
CB Chubb Ltd. 0.01% 915 $286K No change
ITW Illinois Tool Works 0.01% 1,149 $283K Reduce -46.9%
NOC Northrop Grumman Corp. 0.01% 495 $282K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.01% 1,556 $276K No change
ARCC Ares Capital Corp. 0.01% 13,311 $269K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.01% 2,675 $262K Reduce -2.4%
JCI Johnson Controls Internation 0.01% 2,058 $246K Reduce -2.1%
DG Dollar General Corp. 0.01% 1,853 $246K New
AFL Aflac Inc. 0.01% 2,170 $239K No change
MKTX Marketaxess Holdings Inc. 0.01% 1,314 $238K Reduce -83.3%
ZTS Zoetis Inc. 0.00% 1,852 $233K Reduce -5.8%
NSRGY Nestle SA-Spons ADR 0.00% 2,310 $230K No change
ADP Automatic Data Processing 0.00% 850 $219K No change
FSS Federal Signal Corp. 0.00% 2,009 $218K Reduce -19.6%
MKC McCormick & Co.-Non VTG SHRS 0.00% 3,165 $216K Reduce -48.7%
DVN Devon Energy Corp. 0.00% 5,635 $206K New
SBGSY Schneider Elect SE-Unsp ADR 0.00% 3,705 $204K No change
SLQT Selectquote Inc. 0.00% 15,000 $21K No change
Other holdings (13): bonds, preferreds, convertibles and warrants · $35.4M (not counted above)
SecurityClassShares / PrincipalValueChange
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 110,000$7.6MNo change
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A 150,000$6.1MNo change
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal 4,000,000$4.1MAdd +100.0%
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal 1,100,000$2.8MNo change
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal 750,000$2.8MNo change
SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) 6 SER A CNV PREF 30,000$2.4MNo change
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal 1,600,000$2.2MNo change
PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) NOTE 1.750%12/0 · principal 1,250,000$2.1MNo change
ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) NOTE 1.000%12/0 · principal 2,000,000$1.8MNo change
QXO INC (QXO 5.5 05/15/28 B) 5.50 DEP PFD 30,000$1.7MNo change
PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) NOTE 1.500% 9/1 · principal 600,000$889KNo change
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal 500,000$479KNo change
APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) NOTE 3.500% 9/1 · principal 300,000$308KNo change

Total filed on the 13F, all lines: $4.8B.

Portfolio Sells Q3 2025 → Q4 2025

MSFT Microsoft Corp. Reduce -2.6% 5.44% −0.34
K Kellanova Sold out 0.00% −0.31
VRNS Varonis Systems Inc. Reduce -41.2% 0.12% −0.23
VEEV Veeva Systems Inc. Class A Reduce -22.5% 0.34% −0.22
AJG Arthur J Gallagher & Co. Reduce -0.7% 1.33% −0.22
VST Vistra Corp. Reduce -18.0% 0.43% −0.18
SNOW Snowflake Inc. Reduce -59.3% 0.11% −0.16
MLM Martin Marietta Materials Reduce -25.4% 0.47% −0.15
KMB Kimberly-Clark Corp. Reduce -3.3% 0.59% −0.14
NTNX Nutanix Inc. Class A Reduce -90.8% 0.01% −0.14
FOUR SHIFT4 Payments Inc. Class A Reduce -20.4% 0.26% −0.13
ALNY Alnylam Pharmaceuticals Inc. Reduce -53.1% 0.09% −0.13
BIRK Birkenstock Holding PLC Reduce -44.2% 0.14% −0.13
EFX Equifax Inc. Reduce -47.1% 0.11% −0.12
CCL Carnival Corp. Reduce -78.1% 0.04% −0.12
CIEN Ciena Corp. Reduce -73.7% 0.09% −0.11
MSCI MSCI Inc. Reduce -23.1% 0.47% −0.11
DKNG Draftkings Inc. Class A Sold out 0.00% −0.11
TRU Transunion Reduce -33.1% 0.27% −0.11
DDOG Datadog Inc. Class A Reduce -70.5% 0.05% −0.11
STRL Sterling Infrastructure Inc. Reduce -52.5% 0.08% −0.11
COST Costco Wholesale Corp. Reduce -2.0% 1.77% −0.10
DV Doubleverify Holdings Inc. Sold out 0.00% −0.10
CLX Clorox Company Reduce -5.0% 0.41% −0.10
META Meta Platforms Inc. Class A Reduce -0.8% 1.20% −0.10
AVAV Aerovironment Inc. Reduce -22.2% 0.16% −0.10
ICLR Icon PLC Reduce -53.8% 0.10% −0.10
VRT Vertiv Holdings Co. Class A Reduce -31.4% 0.28% −0.09
LGND Ligand Pharmaceuticals Reduce -33.8% 0.24% −0.09
IONQ Ionq Inc. Sold out 0.00% −0.09
CSGP Costar Group Inc. Reduce -3.1% 0.32% −0.08
ALC Alcon Inc. Reduce -33.1% 0.21% −0.08
GPC Genuine Parts Co. Reduce -50.2% 0.06% −0.07
COR Cencora Inc. Reduce -31.3% 0.22% −0.07
MELI MercadoLibre Inc. Reduce -0.2% 0.51% −0.06
CCC CCC Intelligent Solutions Ho Reduce -50.8% 0.05% −0.06
DINO HF Sinclair Corp. Reduce -3.0% 0.46% −0.06
PG The Procter & Gamble Co. Reduce -1.8% 1.07% −0.06
PYPL PayPal Holdings Inc. Reduce -5.4% 0.32% −0.06
ROST Ross Stores Inc. Reduce -51.4% 0.08% −0.05
GWRE Guidewire Software Inc. Reduce -13.5% 0.19% −0.05
DAVA Endava PLC- Spon ADR Sold out 0.00% −0.05
APH Amphenol Corp. Class A Reduce -35.5% 0.14% −0.05
IQV Iqvia Holdings Inc. Reduce -59.7% 0.05% −0.05
ABT Abbott Laboratories Reduce -1.5% 0.99% −0.05
NTRA Natera Inc. Reduce -43.4% 0.24% −0.05
UBER Uber Technologies Inc. Reduce -4.4% 0.22% −0.05
MORN Morningstar Inc. Reduce -40.6% 0.06% −0.05
CRDO Credo Technology Group Holdi Reduce -33.8% 0.10% −0.05
ECG Everus Construction Group Reduce -33.3% 0.10% −0.05

Portfolio Buys Q3 2025 → Q4 2025

MRK Merck & Co. Inc. Add +1.4% 1.22% +0.29
RCL Royal Caribbean Cruises Ltd. Add +166.4% 0.27% +0.15
VMC Vulcan Materials Co. New 0.12% +0.12
FLUT Flutter Entertainment PLC-Di New 0.11% +0.11
USB US Bancorp Add +141.2% 0.16% +0.10
LPLA LPL Financial Holdings Inc. New 0.10% +0.10
NRG NRG Energy Inc. New 0.10% +0.10
ROK Rockwell Automation Inc. Add +216.5% 0.13% +0.09
TSM Taiwan Semiconductor-SP ADR Add +2.1% 0.72% +0.09
HLT Hilton Worldwide Holdings Inc. Add +14.2% 0.39% +0.09
CELH Celsius Holdings Inc. Add +103.2% 0.22% +0.09
CWST Casella Waste Systems Inc. Class A New 0.09% +0.09
JLL Jones Lang Lasalle Inc. New 0.09% +0.09
BMY Bristol-Myers Squibb Co. Add +3.0% 0.36% +0.08
RGEN Repligen Corp. Add +7.0% 0.29% +0.08
EMN Eastman Chemical Co. Add +29.5% 0.28% +0.07
SHEL Shell PLC-ADR Add +5.6% 0.64% +0.07
ARQT Arcutis Biotherapeutics Inc. New 0.07% +0.07
ASML ASML Holding NV-NY Reg SHS Add +0.6% 0.46% +0.06
ICE Intercontinental Exchange Inc. Add +32.5% 0.22% +0.05
ARWR Arrowhead Pharmaceuticals Inc. New 0.05% +0.05
CAH Cardinal Health Inc. Add +100.8% 0.08% +0.05
ZYME Zymeworks Inc. New 0.05% +0.05
IONS Ionis Pharmaceuticals Inc. New 0.05% +0.05
NVDA Nvidia Corp. Add +0.8% 1.16% +0.05
FERG Ferguson Enterprises Inc. Add +150.9% 0.07% +0.04
JPM JPMorgan Chase & Co. Add +1.2% 0.69% +0.04
OPCH Option Care Health Inc. Add +0.0% 0.28% +0.04
SEI Solaris Energy Infrastructur Add +61.8% 0.09% +0.04
PGNY Progyny Inc. Add +0.0% 0.23% +0.04
BE Bloom Energy Corp. Class A New 0.04% +0.04
AVGO Broadcom Inc. Add +4.7% 0.32% +0.04
AMGN Amgen Inc. Add +19.6% 0.13% +0.04
HWM Howmet Aerospace Inc. Add +18.3% 0.16% +0.03
CRH CRH PLC Add +0.5% 0.44% +0.03
C Citigroup Inc. Add +6.7% 0.16% +0.03
SKY Champion Homes Inc. Add +0.1% 0.26% +0.03
SITM Sitime Corp. Add +7.4% 0.14% +0.03
WING Wingstop Inc. Add +113.8% 0.06% +0.03
REGN Regeneron Pharmaceuticals New 0.03% +0.03
VRSK Verisk Analytics Inc. Add +17.0% 0.43% +0.03
WHD Cactus Inc. Class A Add +0.1% 0.17% +0.03
ABBV Abbvie Inc. Add +22.7% 0.13% +0.03
TCEHY Tencent Holdings Ltd.-Uns ADR Add +30.8% 0.14% +0.02
PJT PJT Partners Inc. Class A Add +28.8% 0.12% +0.02
DHR Danaher Corp. Add +36.7% 0.06% +0.02
AMAT Applied Materials Inc. Add +39.8% 0.05% +0.02
TMUS T-Mobile US Inc. Add +298.8% 0.03% +0.02
FEIM Frequency Electronics Inc. New 0.02% +0.02
MAMA Mama's Creations Inc. New 0.02% +0.02

Notes & Other Activity Q3 2025 → Q4 2025

PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal Add +100.0% 4,000,000 $4.1M
EXACT SCIENCES CORP (EXAS 0.375 03/01/28) NOTE 0.375% 3/0 · principal Sold out 750,000 $693Kbefore 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