Lazard Asset Management LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Lazard Asset Management LLC reported 1,661 stock positions worth $60.7 billion. Its top holding was Apple (AAPL) at 3.4% of the portfolio, followed by Microsoft (MSFT, 3.2%) and Nvidia (NVDA, 3.0%). Compared with Q4 2025, it opened 254 new positions, sold out of 237, added to 781 and reduced 541. The biggest buy was Astrazeneca (AZN, shares +232%) and the biggest sale HDFC Bank Ltd.-ADR (HDB, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001207017
- Portfolio Value
- $60.7B (Q1 2026)
- SEC Filing
- 0001207017-26-000036 ↗ filed May 15, 2026
Holdings Value
Holdings 1,661 stocks · $60.7B
| AAPL Apple Inc. | 3.44% | 8,235,113 | $2.1B | Add +11.8% |
| MSFT Microsoft Corp. | 3.23% | 5,298,695 | $2.0B | Add +7.6% |
| NVDA Nvidia Corp. | 2.97% | 10,321,287 | $1.8B | Add +22.9% |
| AMZN Amazon.com Inc. | 2.65% | 7,712,017 | $1.6B | Add +6.5% |
| AMT American Tower Corp. | 2.08% | 7,325,943 | $1.3B | Add +20.4% |
| EXC Exelon Corp. | 1.99% | 24,620,304 | $1.2B | Add +6.4% |
| CCI Crown Castle Inc. | 1.80% | 13,463,182 | $1.1B | Add +15.7% |
| GOOGL Alphabet Inc. Class A | 1.66% | 3,509,020 | $1.0B | Reduce -0.3% |
| TSM Taiwan Semiconductor-SP ADR | 1.64% | 2,949,128 | $996.7M | Reduce -9.3% |
| GOOG Alphabet Inc. Class C | 1.63% | 3,441,182 | $987.1M | Add +19.6% |
| CNI Canadian Natl Railway Co. | 1.54% | 9,077,518 | $934.5M | Add +1.9% |
| AVGO Broadcom Inc. | 1.39% | 2,721,809 | $842.4M | Add +12.4% |
| FER Ferrovial NV | 1.37% | 12,965,547 | $830.4M | Reduce -3.8% |
| ED Consolidated Edison Inc. | 1.32% | 7,075,838 | $800.8M | Add +14.8% |
| CSX CSX Corp. | 1.24% | 18,333,511 | $752.6M | Reduce -11.3% |
| V Visa Inc. Class A | 1.20% | 2,414,787 | $729.8M | Add +2.3% |
| LLY Eli Lilly & Co. | 1.09% | 718,105 | $660.5M | Add +7.2% |
| TMO Thermo Fisher Scientific Inc. | 0.99% | 1,222,057 | $600.7M | Reduce -1.0% |
| ADI Analog Devices Inc. | 0.90% | 1,708,858 | $543.7M | Add +6.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.89% | 11,090,814 | $540.7M | Add +5.6% |
| AMX America Movil Sab DE CV | 0.87% | 20,807,915 | $530.2M | Add +17.8% |
| PBR Petroleo Brasileiro-Spon ADR | 0.86% | 25,251,430 | $524.0M | Add +9.0% |
| PG The Procter & Gamble Co. | 0.85% | 3,576,736 | $516.6M | Reduce -0.5% |
| ICE Intercontinental Exchange Inc. | 0.85% | 3,271,540 | $514.5M | Add +0.0% |
| TLK Telkom Indonesia Persero-ADR filed as TELEKOMUNIKASI IND | 0.77% | 25,129,891 | $469.4M | Add +23.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.74% | 339,642 | $448.6M | Add +25.8% |
| AZN Astrazeneca PLC | 0.71% | 2,216,887 | $432.8M | Add +231.6% |
| KLAC KLA Corp. | 0.71% | 292,532 | $430.7M | Add +13.6% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.67% | 7,859,902 | $403.9M | Reduce -12.6% |
| APH Amphenol Corp. Class A | 0.66% | 3,178,900 | $401.7M | Reduce -15.3% |
| AON Aon PLC Class A | 0.65% | 1,217,243 | $392.9M | Reduce -5.3% |
| MRK Merck & Co. Inc. | 0.65% | 3,254,331 | $391.5M | Reduce -26.2% |
| DHR Danaher Corp. | 0.63% | 2,028,965 | $384.7M | Reduce -6.6% |
| VALE Vale SA-SP ADR | 0.62% | 23,685,915 | $376.8M | Add +5.4% |
| META Meta Platforms Inc. Class A | 0.60% | 636,999 | $364.4M | Add +17.2% |
| INFY Infosys Ltd.-SP ADR | 0.60% | 26,776,494 | $361.8M | Add +17.0% |
| XOM Exxon Mobil Corp. | 0.59% | 2,095,426 | $355.5M | Reduce -1.8% |
| AME Ametek Inc. | 0.57% | 1,618,526 | $346.9M | Add +4.6% |
| PANW Palo Alto Networks Inc. | 0.55% | 2,073,481 | $332.4M | Add +82.8% |
| QCOM Qualcomm Inc. | 0.54% | 2,542,547 | $327.4M | Add +11.2% |
| LIN Linde PLC | 0.54% | 654,947 | $324.8M | Add +1.5% |
| WM Waste Management Inc. | 0.52% | 1,386,375 | $318.6M | Add +0.6% |
| JNJ Johnson & Johnson | 0.52% | 1,302,952 | $318.5M | Add +44.0% |
| IQV Iqvia Holdings Inc. | 0.52% | 1,858,834 | $317.0M | Reduce -2.0% |
| CB Chubb Ltd. | 0.52% | 971,744 | $316.7M | Reduce -7.9% |
| KO The Coca-Cola Co. | 0.52% | 4,112,600 | $312.8M | Add +0.8% |
| BSX Boston Scientific Corp. | 0.50% | 4,880,504 | $306.3M | Add +24.8% |
| ISRG Intuitive Surgical Inc. | 0.49% | 648,649 | $299.0M | Add +18.3% |
| ADSK Autodesk Inc. | 0.49% | 1,248,808 | $299.0M | Add +11.4% |
| ASX Ase Technology Holding -ADR | 0.48% | 13,530,133 | $293.3M | Reduce -32.4% |
| PAC Grupo Aeroportuario Pac-ADR | 0.48% | 1,172,634 | $289.5M | Add +1.6% |
| MDT Medtronic PLC | 0.47% | 3,309,161 | $286.7M | Reduce -3.0% |
| ACN Accenture PLC Class A | 0.47% | 1,443,886 | $286.3M | Add +26.9% |
| MRSH Marsh & McLennan Cos | 0.46% | 1,623,755 | $281.6M | Reduce -5.0% |
| HDB HDFC Bank Ltd.-ADR | 0.45% | 10,937,089 | $272.1M | Reduce -12.3% |
| ROK Rockwell Automation Inc. | 0.45% | 756,499 | $271.5M | Reduce -0.5% |
| TT Trane Technologies PLC | 0.45% | 648,093 | $270.1M | Add +11.9% |
| SCHW Schwab (charles) Corp. | 0.44% | 2,863,815 | $269.1M | Add +9.5% |
| SPGI S&P Global Inc. | 0.44% | 630,575 | $268.2M | Add +0.2% |
| MU Micron Technology Inc. | 0.43% | 770,167 | $260.2M | Reduce -34.5% |
| TX Ternium SA-Sponsored ADR | 0.42% | 6,336,127 | $254.4M | Add +8.0% |
| CDNS Cadence Design SYS Inc. | 0.41% | 896,325 | $249.1M | Add +5.2% |
| TTE Totalenergies SE | 0.41% | 2,659,978 | $248.7M | Add +30.2% |
| TER Teradyne Inc. | 0.41% | 830,964 | $246.3M | Add +2.3% |
| CRH CRH PLC | 0.40% | 2,336,754 | $245.5M | Add +4.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.39% | 1,499,665 | $239.5M | Add +63.9% |
| MCD McDonald's Corp. | 0.39% | 752,498 | $233.9M | Add +3.3% |
| EFX Equifax Inc. | 0.37% | 1,236,747 | $222.7M | Add +0.0% |
| CRM Salesforce Inc. | 0.36% | 1,172,071 | $218.8M | Reduce -12.7% |
| PEP Pepsico Inc. | 0.36% | 1,407,731 | $218.6M | Add +31.4% |
| MRVL Marvell Technology Inc. | 0.35% | 2,161,634 | $214.1M | Reduce -25.9% |
| RBA RB Global Inc. | 0.35% | 2,191,875 | $210.1M | New |
| BAP Credicorp Ltd. | 0.33% | 593,276 | $201.2M | Reduce -17.6% |
| ETN Eaton Corp. PLC | 0.33% | 555,969 | $198.9M | Add +3.6% |
| LMT Lockheed Martin Corp. | 0.32% | 322,075 | $194.7M | Add +30.0% |
| AMD Advanced Micro Devices | 0.32% | 952,596 | $193.8M | Add +10.5% |
| SU Suncor Energy Inc. | 0.32% | 2,895,460 | $191.5M | Reduce -1.5% |
| COP Conocophillips | 0.32% | 1,449,245 | $191.3M | Reduce -8.3% |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.32% | 23,174,841 | $191.2M | Add +7.9% |
| IVV iShares Core S&P 500 ETF | 0.31% | 291,105 | $190.2M | Reduce -10.6% |
| TSLA Tesla Inc. | 0.31% | 511,170 | $190.0M | Add +12.9% |
| PTC PTC Inc. | 0.31% | 1,305,846 | $186.1M | Reduce -13.6% |
| AMAT Applied Materials Inc. | 0.31% | 544,306 | $186.0M | Add +63.8% |
| MA Mastercard Inc. Class A | 0.30% | 367,121 | $183.4M | Add +11.8% |
| ALL Allstate Corp. | 0.30% | 879,507 | $182.4M | Add +31.0% |
| HD Home Depot Inc. | 0.30% | 550,550 | $181.1M | Reduce -0.5% |
| COST Costco Wholesale Corp. | 0.30% | 180,870 | $180.2M | Add +70.5% |
| BX Blackstone Inc. | 0.29% | 1,509,211 | $173.5M | Add +1.9% |
| CL Colgate-Palmolive Co. | 0.28% | 2,018,463 | $172.0M | Add +14.2% |
| AEM Agnico Eagle Mines Ltd. | 0.28% | 825,276 | $167.5M | Reduce -10.4% |
| ODFL Old Dominion Freight Line | 0.27% | 835,025 | $163.2M | Reduce -3.8% |
| UL Unilever PLC-Sponsored ADR | 0.26% | 2,794,600 | $159.2M | Add +674.2% |
| ADBE Adobe Inc. | 0.26% | 652,589 | $158.6M | Add +13.6% |
| IPGP Ipg Photonics Corp. | 0.26% | 1,374,460 | $157.5M | Reduce -22.3% |
| B Barrick Mining Corp. | 0.26% | 3,837,842 | $156.8M | Add +46.9% |
| LRCX Lam Research Corp. | 0.26% | 729,835 | $155.9M | Add +23.2% |
| SNPS Synopsys Inc. | 0.25% | 390,010 | $154.6M | Add +1.1% |
| J Jacobs Solutions Inc. | 0.25% | 1,202,807 | $153.1M | Reduce -18.7% |
| CBRE CBRE Group Inc. Class A | 0.25% | 1,125,703 | $152.5M | Reduce -0.4% |
| USB US Bancorp | 0.25% | 2,925,255 | $152.1M | Add +40.4% |
Options reported separately and not counted above: SPY calls ($23.4M), BBIO calls ($5.9M), BBIO puts ($4.2M), GH calls ($4.2M), GH puts ($3.3M), FOUR calls ($1.5M), PGY puts ($1.2M), DBX calls ($1.1M), INDI calls ($966K), GLXY calls ($923K), INDI puts ($805K), BTG calls ($113K).
Other holdings (183): bonds, preferreds, convertibles and warrants · $43.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 44,168,000 | $3.2M | Add +15.9% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 20,727,000 | $1.5M | No change |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 83,683,000 | $1.2M | Add +1.1% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 22,776,000 | $1.1M | Reduce -15.0% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 78,570,000 | $973K | Reduce -21.2% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 68,394,000 | $950K | Reduce -12.9% |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | 14,176,000 | $929K | Add +5.2% |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 12,896,000 | $928K | Add +0.4% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 93,439,000 | $916K | Reduce -18.4% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 80,457,000 | $910K | Reduce -2.4% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 89,489,000 | $887K | Reduce -5.8% |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 21,062,000 | $822K | No change |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 81,783,000 | $815K | Reduce -35.1% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 76,539,000 | $712K | Add +9.1% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 61,254,000 | $701K | Reduce -17.1% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 55,561,000 | $669K | Add +1.2% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 68,031,000 | $660K | Add +6.0% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 35,444,000 | $639K | Reduce -16.3% |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | 69,351,000 | $618K | Reduce -33.2% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 55,616,000 | $597K | Reduce -21.8% |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | 46,375,000 | $581K | Add +0.5% |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | 55,945,000 | $543K | Reduce -30.9% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 45,617,000 | $535K | Reduce -35.0% |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 49,833,000 | $515K | Reduce -18.1% |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 55,331,000 | $489K | Reduce -58.0% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 46,099,000 | $478K | Reduce -41.6% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 50,093,000 | $462K | Add +13.5% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 48,785,000 | $459K | Add +105.4% |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 49,096,000 | $428K | Reduce -33.0% |
| APPLIED DIGITAL CORP (APLD 2.75 06/01/30) | NOTE 2.750% 6/0 · principal | 15,595,000 | $414K | Add +23.0% |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 33,687,000 | $399K | Reduce -8.4% |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | 35,728,000 | $386K | Reduce -8.0% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 40,643,000 | $384K | Add +20.8% |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 27,023,000 | $364K | Add +15.8% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 38,652,000 | $363K | Add +24.4% |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 11,829,000 | $354K | Add +3.3% |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 35,965,000 | $348K | Add +125.1% |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 20,123,000 | $347K | Add +198.2% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 36,422,000 | $346K | Add +25.0% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 27,865,000 | $339K | Reduce -48.1% |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 32,974,000 | $338K | Add +219.8% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 37,376,000 | $335K | Reduce -37.5% |
| APPLIED OPTOELECTRONICS INC | NOTE 2.750% 1/1 · principal | 14,905,000 | $333K | Add +4677.2% |
| CLEANSPARK INC (CLSK 0 06/15/30) | NOTE 6/1 · principal | 33,681,000 | $326K | Add +194.9% |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 19,686,000 | $326K | Reduce -64.4% |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 31,900,000 | $313K | Reduce -7.3% |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | 32,440,000 | $293K | Reduce -22.1% |
| EQUINOX GOLD CORP (EQXCN 4.75 10/15/28) | NOTE 4.750%10/1 · principal | 11,681,000 | $282K | Add +322.1% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 23,846,000 | $280K | Reduce -4.4% |
| SOLARIS ENERGY INFRASTRU (SEI 4.75 05/01/30) | NOTE 4.750% 5/0 · principal | 11,495,000 | $274K | Reduce -7.2% |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 10,320,000 | $271K | Add +9.7% |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | 27,536,000 | $270K | New |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 27,933,000 | $269K | Reduce -8.1% |
| SILVERCORP METALS INC | NOTE 4.750%12/1 · principal | 10,312,000 | $265K | Add +434.9% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 19,322,000 | $261K | Add +72.2% |
| STRATEGY INC (MSTR 0 03/01/30) | NOTE 3/0 · principal | 29,765,000 | $261K | New |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 25,450,000 | $260K | Reduce -1.6% |
| CIPHER DIGITAL INC (CIFR 1.75 05/15/30) | NOTE 1.750% 5/1 · principal | 8,396,000 | $260K | Add +77.4% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 23,272,000 | $256K | Add +69.9% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 27,782,000 | $254K | Add +38.6% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 16,531,000 | $249K | Reduce -30.5% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 19,108,000 | $247K | Reduce -56.1% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 23,826,000 | $233K | Add +66.3% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 23,014,000 | $222K | Reduce -58.5% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 19,156,000 | $221K | Reduce -2.7% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 12,540,000 | $219K | Add +3289.2% |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | 25,000,000 | $219K | New |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | 15,878,000 | $212K | Reduce -5.5% |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 19,623,000 | $210K | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 16,151,000 | $207K | Reduce -4.9% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 17,099,000 | $206K | Add +111.4% |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 13,930,000 | $205K | Reduce -60.4% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 15,035,000 | $204K | Reduce -83.7% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 20,130,000 | $194K | Add +429.5% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 18,509,000 | $180K | Reduce -21.1% |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 16,770,000 | $174K | Reduce -67.0% |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 13,085,000 | $170K | Add +28.1% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 14,591,000 | $169K | Add +154.3% |
| SOLAR EDGE TECHNOLOGIES (SEDG 2.25 07/01/29) | NOTE 2.250% 7/0 · principal | 9,768,000 | $168K | Add +2547.2% |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 11,416,000 | $167K | Reduce -3.5% |
| IREN LTD (IREN 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | 7,193,000 | $164K | Reduce -26.0% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 6,740,000 | $162K | New |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 7,227,000 | $153K | Add +2.4% |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 14,708,000 | $146K | Reduce -12.0% |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 14,235,000 | $138K | Reduce -69.1% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 14,061,000 | $137K | Add +114.8% |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 13,661,000 | $137K | Reduce -28.7% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 13,287,000 | $130K | Reduce -27.3% |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | 13,367,000 | $129K | Reduce -25.3% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 12,426,000 | $119K | No change |
| THE REALREAL INC (REAL 4 02/15/31) | DEBT 4.000% 2/1 · principal | 9,837,000 | $118K | Add +11.4% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 11,758,000 | $117K | Reduce -62.0% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 9,452,000 | $117K | Add +342.1% |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | 6,654,000 | $116K | Reduce -17.8% |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 11,404,000 | $115K | Add +8.5% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 12,289,000 | $115K | Reduce -61.9% |
| ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) | NOTE 4.000% 3/1 · principal | 8,723,000 | $110K | Reduce -26.6% |
| PENGUIN SOLUTIONS CAYMEN (PENG 2 08/15/30) | NOTE 2.000% 8/1 · principal | 10,261,000 | $103K | Reduce -28.1% |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | 10,279,000 | $101K | Reduce -74.5% |
| VEECO INSTRUMENTS INC (VECO 2.875 06/01/29) | NOTE 2.875% 6/0 · principal | 7,255,000 | $101K | Reduce -4.2% |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 24,745 | $96K | Reduce -67.6% |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 9,736,000 | $92K | Add +429.1% |
| ARROWHEAD RESEARCH CORP (ARWR 0 01/15/32) | NOTE 1/1 · principal | 8,806,000 | $91K | New |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | 9,635,000 | $90K | Add +394.4% |
| PAGAYA TECHNOLOGIES LTD (PGY 6.125 10/01/29) | NOTE 6.125%10/0 · principal | 7,698,000 | $89K | Add +12.4% |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | 8,459,000 | $86K | New |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 10,554,000 | $85K | No change |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 8,846,000 | $85K | Reduce -11.5% |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | 5,432,000 | $83K | Add +175.0% |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 8,170,000 | $80K | Reduce -75.0% |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 7,142,000 | $79K | Reduce -42.7% |
| LIVANOVA PLC (LIVN 2.5 03/15/29) | NOTE 2.500% 3/1 · principal | 6,440,000 | $75K | Reduce -50.1% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 7,524,000 | $74K | Reduce -51.4% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 6,376,000 | $74K | Reduce -56.0% |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 6,362,000 | $71K | Add +15.3% |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 7,366,000 | $67K | Add +15.7% |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 3,707,000 | $64K | Reduce -17.1% |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 6,821,000 | $64K | Add +50.2% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 6,537,000 | $63K | Reduce -18.3% |
| SUPER MICRO COMPUTER INC (SMCI 2.25 07/15/28) | NOTE 2.250% 7/1 · principal | 7,072,000 | $62K | New |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 6,064,000 | $58K | New |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | 6,856,000 | $57K | Reduce -81.7% |
| FLUENCE ENERGY INC (FLNC 2.25 06/15/30) | NOTE 2.250% 6/1 · principal | 5,287,000 | $53K | New |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 6,356,000 | $51K | Reduce -56.1% |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 4,960,000 | $51K | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 895,000 | $48K | Add +57.0% |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 4,532,000 | $47K | Reduce -90.0% |
| CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) | NOTE 2.000% 3/1 · principal | 4,524,000 | $46K | New |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 4,312,000 | $45K | Add +77.3% |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 3,681,000 | $45K | New |
| UPSTART HOLDINGS INC (UPST 2 10/01/29) | NOTE 2.000%10/0 · principal | 4,575,000 | $45K | Reduce -20.9% |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | 18,065,000 | $44K | No change |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | 4,500,000 | $42K | New |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 3,448,000 | $41K | Reduce -0.8% |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | NOTE 3.375% 6/0 · principal | 4,000,000 | $40K | New |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 358,000 | $36K | Add +251.0% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 3,379,000 | $36K | New |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 3,304,000 | $33K | Reduce -58.9% |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 3,275,000 | $32K | Reduce -5.8% |
| SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) | NOTE 3.500%12/0 · principal | 846,000 | $28K | New |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 3,025,000 | $28K | Reduce -84.9% |
| WISDOMTREE INC (WT 3.25 08/15/29) | NOTE 3.250% 8/1 · principal | 2,032,000 | $28K | Reduce -87.6% |
| PAR TECHNOLOGY CORP (PAR 2.875 04/15/26) | NOTE 2.875% 4/1 · principal | 2,688,000 | $27K | No change |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 1,685,000 | $26K | New |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | 1,504,000 | $21K | Reduce -45.0% |
| GROUPON INC (GRPN 4.875 06/30/30 UNRS) | NOTE 4.875% 6/3 · principal | 2,500,000 | $20K | New |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 1,937,000 | $17K | New |
| TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *) | DEB 4.625% 9/3 · principal | 837,000 | $17K | New |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | 1,376,000 | $17K | No change |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | 1,456,000 | $15K | Reduce -88.9% |
| BRIDGEBIO PHARMA INC (BBIO 1.75 03/01/31) | NOTE 1.750% 3/0 · principal | 843,000 | $14K | New |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | 1,008,000 | $14K | New |
| LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) | DEB 4.000%11/1 · principal | 27,008,000 | $14K | No change |
| MACOM TECH SOLUTIONS (MTSI 0 12/15/29) | NOTE 12/1 · principal | 837,000 | $12K | New |
| PELOTON INTERACTIVE INC (PTON 5.5 12/01/29) | NOTE 5.500%12/0 · principal | 849,000 | $11K | Reduce -85.7% |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 1,256,000 | $11K | Reduce -87.8% |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 1,000,000 | $10K | New |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 981,000 | $10K | New |
| LEMAITRE VASCULAR INC (LMAT 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | 847,000 | $10K | Reduce -64.7% |
| UNITY SOFTWARE INC (U 0 03/15/30) | NOTE 3/1 · principal | 844,000 | $8K | New |
| LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30) | DEB 3.750% 2/1 · principal | 20,670,000 | $8K | No change |
| OMNICELL INC (OMCL 1 12/01/29) | NOTE 1.000%12/0 · principal | 847,000 | $8K | Reduce -53.8% |
| FASTLY INC (FSLY 7.75 06/01/28) | NOTE 7.750% 6/0 · principal | 424,000 | $8K | New |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | 676,000 | $8K | Reduce -63.6% |
| GREEN PLAINS INC (GPRE 5.25 11/01/30 UNRS) | NOTE 5.250%11/0 · principal | 504,000 | $7K | New |
| COGENT BIOSCIENCES INC (COGT 1.625 11/15/31) | NOTE 1.625%11/1 · principal | 506,000 | $6K | New |
| T1 ENERGY INC (TE 5.25 12/01/30) | NOTE 5.250%12/0 · principal | 506,000 | $5K | New |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | 351,000 | $4K | Reduce -63.4% |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 · principal | 197,078 | $2K | No change |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 177,000 | $2K | No change |
| SOUTHERN CO (SO 7.125 12/15/28 A) | UNIT 12/15/2028 · principal | 156,897 | $2K | New |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D · principal | 174,888 | $2K | New |
| GUARDANT HEALTH INC (GH 1.25 02/15/31) | DEBT 1.250% 2/1 · principal | 72,000 | $1K | Reduce -73.5% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D · principal | 144,190 | $1K | No change |
| GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | 35,000 | $577 | Reduce -52.7% |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF · principal | 87,586 | $470 | Reduce -0.8% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L · principal | 9,180 | $109 | Reduce -1.5% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A · principal | 6,628 | $86 | Add +4.1% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A · principal | 2,636 | $38 | Reduce -97.3% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG · principal | 3,125 | $36 | Add +54.8% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV · principal | 1,652 | $19 | No change |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV · principal | 1,367 | $18 | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A · principal | 241 | $3 | Add +66.2% |
Total filed on the 13F, all lines: $60.7B.
Portfolio Sells Q4 2025 → Q1 2026
| HDB HDFC Bank Ltd.-ADR | Reduce -12.3% | 0.45% | −0.33 |
| GS Goldman Sachs Group Inc. | Reduce -59.0% | 0.17% | −0.27 |
| CRM Salesforce Inc. | Reduce -12.7% | 0.36% | −0.24 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.0% | 0.99% | −0.23 |
| DHR Danaher Corp. | Reduce -6.6% | 0.63% | −0.21 |
| GOOGL Alphabet Inc. Class A | Reduce -0.3% | 1.66% | −0.21 |
| IQV Iqvia Holdings Inc. | Reduce -2.0% | 0.52% | −0.20 |
| BAX Baxter International Inc. | Sold out | 0.00% | −0.20 |
| APH Amphenol Corp. Class A | Reduce -15.3% | 0.66% | −0.20 |
| PYPL PayPal Holdings Inc. | Reduce -73.9% | 0.04% | −0.16 |
| MDLZ Mondelez International Inc. Class A | Reduce -99.3% | 0.00% | −0.16 |
| GIL Gildan Activewear Inc. | Reduce -72.2% | 0.05% | −0.15 |
| MRK Merck & Co. Inc. | Reduce -26.2% | 0.65% | −0.14 |
| MU Micron Technology Inc. | Reduce -34.5% | 0.43% | −0.14 |
| PTC PTC Inc. | Reduce -13.6% | 0.31% | −0.14 |
| INTU Intuit Inc. | Reduce -11.5% | 0.17% | −0.14 |
| SBUX Starbucks Corp. | Reduce -85.3% | 0.02% | −0.13 |
| ESLT Elbit Systems Ltd. | Sold out | 0.00% | −0.13 |
| AON Aon PLC Class A | Reduce -5.3% | 0.65% | −0.12 |
| FER Ferrovial NV | Reduce -3.8% | 1.37% | −0.12 |
| ICLR Icon PLC | Reduce -93.8% | 0.00% | −0.11 |
| CCEP Coca-Cola Europacific Partne | Reduce -34.5% | 0.18% | −0.10 |
| ING ING Groep N.V.-Sponsored ADR | Reduce -66.3% | 0.04% | −0.10 |
| MFG Mizuho Financial Group-ADR | Reduce -72.9% | 0.04% | −0.09 |
| GD General Dynamics Corp. | Reduce -37.2% | 0.15% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -9.1% | 0.24% | −0.09 |
| DIS The Walt Disney Co. | Reduce -21.7% | 0.16% | −0.09 |
| PM Philip Morris International | Reduce -34.1% | 0.17% | −0.09 |
| MDT Medtronic PLC | Reduce -3.0% | 0.47% | −0.08 |
| OMC Omnicom Group | Reduce -23.6% | 0.18% | −0.08 |
| J Jacobs Solutions Inc. | Reduce -18.7% | 0.25% | −0.08 |
| CP Canadian Pacific Kansas City | Reduce -63.3% | 0.05% | −0.08 |
| MMM 3M Co. | Reduce -34.4% | 0.10% | −0.08 |
| MRSH Marsh & McLennan Cos | Reduce -5.0% | 0.46% | −0.07 |
| NDAQ Nasdaq Inc. | Reduce -38.6% | 0.08% | −0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -89.2% | 0.01% | −0.07 |
| MRVL Marvell Technology Inc. | Reduce -25.9% | 0.35% | −0.07 |
| BABA Alibaba Group Holding-SP ADR | Reduce -11.2% | 0.19% | −0.07 |
| IVV iShares Core S&P 500 ETF | Reduce -10.6% | 0.31% | −0.07 |
| ASX Ase Technology Holding -ADR | Reduce -32.4% | 0.48% | −0.06 |
| PFE Pfizer Inc. | Reduce -81.5% | 0.02% | −0.06 |
| SDGR Schrodinger Inc. | Reduce -90.0% | 0.00% | −0.06 |
| BRSL Brightstar Lottery PLC | Reduce -4.7% | 0.19% | −0.06 |
| TXN Texas Instruments Inc. | Reduce -88.8% | 0.01% | −0.06 |
| ORCL Oracle Corp. | Reduce -35.7% | 0.05% | −0.06 |
| CBRE CBRE Group Inc. Class A | Reduce -0.4% | 0.25% | −0.06 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -15.7% | 0.14% | −0.06 |
| MANH Manhattan Associates Inc. | Reduce -1.6% | 0.15% | −0.06 |
| ROK Rockwell Automation Inc. | Reduce -0.5% | 0.45% | −0.06 |
| ZTS Zoetis Inc. | Reduce -14.9% | 0.18% | −0.05 |
Portfolio Buys Q4 2025 → Q1 2026
| AZN Astrazeneca PLC | Add +231.6% | 0.71% | +0.50 |
| PBR Petroleo Brasileiro-Spon ADR | Add +9.0% | 0.86% | +0.40 |
| RBA RB Global Inc. | New | 0.35% | +0.35 |
| NVDA Nvidia Corp. | Add +22.9% | 2.97% | +0.31 |
| ED Consolidated Edison Inc. | Add +14.8% | 1.32% | +0.28 |
| EXC Exelon Corp. | Add +6.4% | 1.99% | +0.28 |
| AMT American Tower Corp. | Add +20.4% | 2.08% | +0.27 |
| AMX America Movil Sab DE CV | Add +17.8% | 0.87% | +0.25 |
| ASML ASML Holding NV-NY Reg SHS | Add +25.8% | 0.74% | +0.25 |
| UL Unilever PLC-Sponsored ADR | Add +674.2% | 0.26% | +0.22 |
| JNJ Johnson & Johnson | Add +44.0% | 0.52% | +0.21 |
| MCO Moody's Corp. | Add +5102.9% | 0.21% | +0.20 |
| PANW Palo Alto Networks Inc. | Add +82.8% | 0.55% | +0.19 |
| TTE Totalenergies SE | Add +30.2% | 0.41% | +0.18 |
| KLAC KLA Corp. | Add +13.6% | 0.71% | +0.18 |
| VIST Vista Energy Sab DE CV | New | 0.17% | +0.17 |
| AMAT Applied Materials Inc. | Add +63.8% | 0.31% | +0.16 |
| TJX TJX Companies Inc. | Add +63.9% | 0.39% | +0.16 |
| ADI Analog Devices Inc. | Add +6.3% | 0.90% | +0.16 |
| COHR Coherent Corp. | Add +226.1% | 0.20% | +0.15 |
| COST Costco Wholesale Corp. | Add +70.5% | 0.30% | +0.14 |
| TER Teradyne Inc. | Add +2.3% | 0.41% | +0.14 |
| SHEL Shell PLC-ADR | Add +945.2% | 0.14% | +0.13 |
| VALE Vale SA-SP ADR | Add +5.4% | 0.62% | +0.12 |
| ROST Ross Stores Inc. | Add +608.5% | 0.14% | +0.12 |
| LMT Lockheed Martin Corp. | Add +30.0% | 0.32% | +0.12 |
| CTSH Cognizant Tech Solutions-A | Add +752.1% | 0.13% | +0.11 |
| CPB The Campbell's Company | New | 0.10% | +0.10 |
| PEP Pepsico Inc. | Add +31.4% | 0.36% | +0.10 |
| GOOG Alphabet Inc. Class C | Add +19.6% | 1.63% | +0.09 |
| ACM Aecom | New | 0.09% | +0.09 |
| CAH Cardinal Health Inc. | Add +152.7% | 0.15% | +0.09 |
| GEV GE Vernova Inc. | Add +136.5% | 0.13% | +0.09 |
| LRCX Lam Research Corp. | Add +23.2% | 0.26% | +0.08 |
| AEE Ameren Corporation | Add +42.9% | 0.24% | +0.08 |
| CMI Cummins Inc. | Add +458.3% | 0.10% | +0.08 |
| COR Cencora Inc. | New | 0.08% | +0.08 |
| FOXA Fox Corp. Class A | Add +181.9% | 0.14% | +0.08 |
| AEP American Electric Power | Add +81.9% | 0.15% | +0.08 |
| PAYX Paychex Inc. | New | 0.07% | +0.07 |
| MET Metlife Inc. | Add +803.5% | 0.08% | +0.07 |
| LIN Linde PLC | Add +1.5% | 0.54% | +0.07 |
| OSK Oshkosh Corp. | Add +644.7% | 0.08% | +0.07 |
| RY Royal Bank of Canada | Add +289.8% | 0.09% | +0.07 |
| B Barrick Mining Corp. | Add +46.9% | 0.26% | +0.07 |
| RGA Reinsurance Group of America | Add +2626.6% | 0.07% | +0.06 |
| ANET Arista Networks Inc. | Add +552.3% | 0.08% | +0.06 |
| HESM Hess Midstream LP Class A | Add +1110.7% | 0.07% | +0.06 |
| ALL Allstate Corp. | Add +31.0% | 0.30% | +0.06 |
| TT Trane Technologies PLC | Add +11.9% | 0.45% | +0.06 |
Options Activity Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | call | New | 36,000 | $23.4M |
| LITE Lumentum Holdings Inc. | put | Sold out | 25,000 | $9.2Mbefore exit |
| BBIO Bridgebio Pharma Inc. | call | Add +166.7% | 80,000 | $5.9M |
| IREN Iren Ltd. | call | Sold out | 150,000 | $5.7Mbefore exit |
| LRN Stride Inc. | call | Sold out | 70,000 | $4.5Mbefore exit |
| NBIS Nebius Group NV | call | Sold out | 50,000 | $4.2Mbefore exit |
| BBIO Bridgebio Pharma Inc. | put | Add +133.3% | 56,000 | $4.2M |
| GH Guardant Health Inc. | call | Reduce -52.6% | 45,000 | $4.2M |
| IREN Iren Ltd. | put | Sold out | 104,000 | $3.9Mbefore exit |
| GH Guardant Health Inc. | put | Reduce -52.6% | 36,000 | $3.3M |
| BMRN Biomarin Pharmaceutical Inc. | put | Sold out | 50,000 | $3.0Mbefore exit |
| NBIS Nebius Group NV | put | Sold out | 32,000 | $2.7Mbefore exit |
| BE Bloom Energy Corp. Class A | put | Sold out | 30,000 | $2.6Mbefore exit |
| NTNX Nutanix Inc. Class A | call | Sold out | 50,000 | $2.6Mbefore exit |
| ON On Semiconductor | put | Sold out | 40,000 | $2.2Mbefore exit |
| PGY Pagaya Technologies Ltd. Class A | call | Sold out | 100,000 | $2.1Mbefore exit |
| DOCN Digitalocean Holdings Inc. | put | Sold out | 40,000 | $1.9Mbefore exit |
| NTNX Nutanix Inc. Class A | put | Sold out | 32,000 | $1.7Mbefore exit |
| FOUR SHIFT4 Payments Inc. Class A | call | Add +250.0% | 35,000 | $1.5M |
| GLXY Galaxy Digital Inc. Class A | put | Sold out | 66,000 | $1.5Mbefore exit |
| SMCI Super Micro Computer Inc. | call | Sold out | 50,000 | $1.5Mbefore exit |
| CORZ Core Scientific Inc. | call | Sold out | 100,000 | $1.5Mbefore exit |
| BILL Bill Holdings Inc. | call | Sold out | 25,000 | $1.4Mbefore exit |
| OPEN Opendoor Technologies Inc. | put | Sold out | 200,000 | $1.2Mbefore exit |
| PGY Pagaya Technologies Ltd. Class A | put | Add +25.0% | 100,000 | $1.2M |
| CRMD Cormedix Inc. | call | Sold out | 100,000 | $1.2Mbefore exit |
| APLD Applied Digital Corp. | put | Sold out | 40,000 | $981Kbefore exit |
| CRMD Cormedix Inc. | put | Sold out | 80,000 | $930Kbefore exit |
| INDI Indie Semiconductor Inc. Class A | put | New | 250,000 | $805K |
| CORZ Core Scientific Inc. | put | Sold out | 40,000 | $582Kbefore exit |
| WULF Terawulf Inc. | call | Sold out | 50,000 | $575Kbefore exit |
| ON On Semiconductor | call | Sold out | 10,000 | $542Kbefore exit |
| BBAI Bigbear.ai Holdings Inc. | put | Sold out | 100,000 | $540Kbefore exit |
| SRPT Sarepta Therapeutics Inc. | call | Sold out | 25,000 | $538Kbefore exit |
| DOCN Digitalocean Holdings Inc. | call | Sold out | 10,000 | $481Kbefore exit |
| WULF Terawulf Inc. | put | Sold out | 32,000 | $368Kbefore exit |
| HTZ Hertz Global Hldgs Inc. | put | Sold out | 50,000 | $257Kbefore exit |
| APLD Applied Digital Corp. | call | Sold out | 10,000 | $245Kbefore exit |
| BTG B2GOLD Corp. | call | Reduce -90.0% | 25,000 | $113K |
| PRCH Porch Group Inc. | call | Sold out | 10,000 | $91Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Add +15.9% | 44,168,000 | $3.2M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Add +1.1% | 83,683,000 | $1.2M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Reduce -15.0% | 22,776,000 | $1.1M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | Reduce -21.2% | 78,570,000 | $973K |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Reduce -12.9% | 68,394,000 | $950K |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | Add +5.2% | 14,176,000 | $929K |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | Add +0.4% | 12,896,000 | $928K |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Reduce -18.4% | 93,439,000 | $916K |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | Reduce -2.4% | 80,457,000 | $910K |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | Reduce -5.8% | 89,489,000 | $887K |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | Reduce -35.1% | 81,783,000 | $815K |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Add +9.1% | 76,539,000 | $712K |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Reduce -17.1% | 61,254,000 | $701K |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +1.2% | 55,561,000 | $669K |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | Add +6.0% | 68,031,000 | $660K |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | Sold out | 63,848,000 | $656Kbefore exit |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | Reduce -16.3% | 35,444,000 | $639K |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | Reduce -33.2% | 69,351,000 | $618K |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 60,401,000 | $599Kbefore exit |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Reduce -21.8% | 55,616,000 | $597K |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | Sold out | 55,888,000 | $585Kbefore exit |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | Add +0.5% | 46,375,000 | $581K |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | Sold out | 56,620,000 | $562Kbefore exit |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | Reduce -30.9% | 55,945,000 | $543K |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Reduce -35.0% | 45,617,000 | $535K |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | Reduce -18.1% | 49,833,000 | $515K |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | Reduce -58.0% | 55,331,000 | $489K |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Reduce -41.6% | 46,099,000 | $478K |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Add +13.5% | 50,093,000 | $462K |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | Sold out | 46,181,000 | $460Kbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Add +105.4% | 48,785,000 | $459K |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | Reduce -33.0% | 49,096,000 | $428K |
| APPLIED DIGITAL CORP (APLD 2.75 06/01/30) | NOTE 2.750% 6/0 · principal | Add +23.0% | 15,595,000 | $414K |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | Reduce -8.4% | 33,687,000 | $399K |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | Reduce -8.0% | 35,728,000 | $386K |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | Add +20.8% | 40,643,000 | $384K |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | Add +15.8% | 27,023,000 | $364K |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | Add +24.4% | 38,652,000 | $363K |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | Add +3.3% | 11,829,000 | $354K |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | Add +125.1% | 35,965,000 | $348K |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Add +198.2% | 20,123,000 | $347K |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Add +25.0% | 36,422,000 | $346K |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | Sold out | 34,491,000 | $341Kbefore exit |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | Reduce -48.1% | 27,865,000 | $339K |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | Add +219.8% | 32,974,000 | $338K |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Reduce -37.5% | 37,376,000 | $335K |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Sold out | 32,407,000 | $334Kbefore exit |
| APPLIED OPTOELECTRONICS INC | NOTE 2.750% 1/1 · principal | Add +4677.2% | 14,905,000 | $333K |
| CLEANSPARK INC (CLSK 0 06/15/30) | NOTE 6/1 · principal | Add +194.9% | 33,681,000 | $326K |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | Reduce -64.4% | 19,686,000 | $326K |
Showing the first 50 of 203.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,726 | $66.0B | NVDA, AAPL, MSFT, AMZN, EXC |
| Q1 2026 | 1,661 | $60.7B | AAPL, MSFT, NVDA, AMZN, AMT |
| Q4 2025 | 1,643 | $58.9B | MSFT, AAPL, AMZN, NVDA, GOOGL |
| Q3 2025 | 1,612 | $74.1B | MSFT, AAPL, AMZN, GOOGL, NVDA |
| Q2 2025 | 2,033 | $65.5B | MSFT, AMZN, AAPL, GOOGL, V |
| Q1 2025 | 2,078 | $59.6B | MSFT, AAPL, AMZN, V, GOOGL |
| Q4 2024 | 2,154 | $63.2B | MSFT, AMZN, AAPL, GOOGL, V |
| Q3 2024 | 2,109 | $69.6B | MSFT, AMZN, AAPL, GOOGL, ICE |
| Q2 2024 | 2,068 | $73.9B | MSFT, AMZN, GOOGL, AAPL, V |
| Q1 2024Amended | 1,850 | $76.0B | MSFT, AMZN, GOOGL, V, AAPL |