LGT Fund Management Co Ltd.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), LGT Fund Management Co Ltd. reported 233 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 5.4% of the portfolio, followed by Amazon.com (AMZN, 4.4%) and Visa Class A (V, 3.7%). Compared with Q4 2024, it opened 21 new positions, sold out of 31, added to 75 and reduced 67. The biggest buy was a new position in Verisign (VRSN) and the biggest sale PayPal (PYPL, shares −84%).

Most Recent 13F
Q2 2026
Location
VADUZ, N2
CIK
0001911284
Portfolio Value
$1.1B (Q1 2025)
SEC Filing
0001911284-25-000002 ↗ filed May 13, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $239.0M Q1 2024 Q2 2024: $801.2M Q2 2024 Q3 2024: $962.8M Q3 2024 Q4 2024: $1.1B Q4 2024 Q1 2025: $1.1B $1.1B Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $2.3B Q1 2026 Q2 2026: $2.4B Q2 2026

Holdings 233 stocks · $1.1B
MSFT Microsoft Corp. 5.43% 159,885 $60.0M Add +2.9%
AMZN Amazon.com Inc. 4.40% 255,290 $48.6M Reduce -2.3%
V Visa Inc. Class A 3.73% 117,724 $41.3M Reduce -0.3%
NVDA Nvidia Corp. 3.64% 370,946 $40.2M Add +17.9%
BRK.B Berkshire Hathaway Inc. Class B 3.35% 69,469 $37.0M Reduce -1.4%
AAPL Apple Inc. 3.17% 157,581 $35.0M Reduce -1.9%
GOOGL Alphabet Inc. Class A 2.51% 178,981 $27.7M Add +9.3%
KO The Coca-Cola Co. 2.14% 330,676 $23.7M Add +16.3%
LLY Eli Lilly & Co. 2.12% 28,407 $23.5M Add +12.2%
UNH Unitedhealth Group Inc. 1.95% 41,189 $21.6M Add +13.3%
META Meta Platforms Inc. Class A 1.92% 36,807 $21.2M Add +48.4%
AVGO Broadcom Inc. 1.80% 118,565 $19.9M Add +11.7%
MCD McDonald's Corp. 1.78% 63,133 $19.7M Reduce -2.8%
BLK BlackRock Inc. 1.68% 19,587 $18.5M No change
CRM Salesforce Inc. 1.65% 67,797 $18.2M Reduce -5.5%
ABT Abbott Laboratories 1.60% 132,970 $17.6M Reduce -0.3%
SPGI S&P Global Inc. 1.46% 31,645 $16.1M Add +5.8%
AMT American Tower Corp. 1.42% 71,860 $15.6M Add +1.0%
FTNT Fortinet Inc. 1.25% 143,187 $13.8M Reduce -2.1%
GOOG Alphabet Inc. Class C 1.24% 87,872 $13.7M Reduce -0.0%
TSM Taiwan Semiconductor-SP ADR 1.18% 78,446 $13.0M Reduce -13.8%
BKNG Booking Holdings Inc. 1.17% 2,809 $12.9M Reduce -2.0%
PG The Procter & Gamble Co. 1.16% 75,461 $12.9M Add +14.9%
CB Chubb Ltd. 1.11% 40,685 $12.3M Add +9.7%
ICE Intercontinental Exchange Inc. 1.01% 64,463 $11.1M Add +7.2%
PGR Progressive Corp. 0.95% 37,133 $10.5M Add +52.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.95% 250,246 $10.4M Add +36.6%
BRK.A Berkshire Hathaway Inc. Class A 0.94% 13 $10.4M No change
UBS UBS Group AG-Reg 0.94% 341,497 $10.4M Add +24.2%
BN Brookfield Corp. 0.93% 197,227 $10.3M No change
HCA HCA Healthcare Inc. 0.86% 27,352 $9.5M Add +4.4%
VEEV Veeva Systems Inc. Class A 0.82% 39,158 $9.1M Add +17.8%
MCO Moody's Corp. 0.79% 18,813 $8.8M Add +1.1%
SHW The Sherwin-Williams Co. 0.79% 25,058 $8.8M Add +13.4%
AER Aercap Holdings NV 0.79% 85,393 $8.7M Add +0.7%
VRSN Verisign Inc. 0.79% 34,185 $8.7M New
CYBR Cyberark Software Ltd./Israel 0.78% 25,652 $8.7M Add +48.1%
JPM JPMorgan Chase & Co. 0.77% 34,722 $8.5M Reduce -13.6%
COP Conocophillips 0.76% 80,189 $8.4M Add +15.6%
NYT New York Times Co. Class A 0.76% 169,666 $8.4M Add +10.7%
MA Mastercard Inc. Class A 0.70% 14,044 $7.7M Reduce -16.3%
FAST Fastenal Co. 0.66% 94,639 $7.3M Reduce -10.1%
ROP Roper Technologies Inc. 0.66% 12,385 $7.3M Add +23.7%
CME Cme Group Inc. 0.63% 26,288 $7.0M Add +403.4%
MRK Merck & Co. Inc. 0.58% 71,502 $6.4M Add +30.3%
HD Home Depot Inc. 0.55% 16,637 $6.1M Reduce -47.9%
WMT Walmart Inc. 0.55% 69,374 $6.1M Reduce -26.2%
UBER Uber Technologies Inc. 0.55% 82,969 $6.0M Add +69.7%
BSX Boston Scientific Corp. 0.53% 58,304 $5.9M Add +1299.9%
CP Canadian Pacific Kansas City 0.52% 81,097 $5.7M Add +13.7%
POST Post Holdings Inc. filed as POST HLDGS INC 0.51% 48,269 $5.6M New
WFC Wells Fargo & Co. 0.50% 77,052 $5.5M Add +83.5%
AME Ametek Inc. 0.50% 32,000 $5.5M Add +13.9%
C Citigroup Inc. 0.48% 75,028 $5.3M No change
EFX Equifax Inc. 0.47% 21,469 $5.2M Add +21.1%
NOW ServiceNow Inc. 0.47% 6,544 $5.2M Reduce -46.5%
TMUS T-Mobile US Inc. 0.46% 19,235 $5.1M Reduce -18.9%
LGIH Lgi Homes Inc. 0.46% 76,177 $5.1M Add +11.2%
ELV Elevance Health Inc. 0.45% 11,400 $5.0M Add +142.6%
MDLZ Mondelez International Inc. Class A 0.44% 71,888 $4.9M Add +578.2%
WM Waste Management Inc. 0.43% 20,453 $4.7M Reduce -25.6%
INTU Intuit Inc. 0.36% 6,499 $4.0M Add +2.6%
STLA Stellantis NV 0.36% 355,041 $4.0M Add +12.6%
PM Philip Morris International 0.33% 23,065 $3.7M Reduce -1.8%
ACN Accenture PLC Class A 0.33% 11,669 $3.6M Add +22.9%
BMY Bristol-Myers Squibb Co. 0.33% 59,088 $3.6M No change
TMO Thermo Fisher Scientific Inc. 0.32% 7,046 $3.5M Reduce -29.8%
ADBE Adobe Inc. 0.31% 8,921 $3.4M Add +161.6%
FSLR First Solar Inc. 0.31% 26,915 $3.4M Add +89.6%
XOM Exxon Mobil Corp. 0.30% 28,118 $3.3M Reduce -27.6%
PANW Palo Alto Networks Inc. 0.30% 19,377 $3.3M Reduce -59.1%
AMD Advanced Micro Devices 0.30% 31,764 $3.3M Reduce -28.4%
CSGP Costar Group Inc. 0.29% 40,956 $3.2M Add +67.4%
BILI Bilibili Inc.-Sponsored ADR 0.29% 168,150 $3.2M New
SPOT Spotify Technology SA 0.28% 5,720 $3.1M No change
ABBV Abbvie Inc. 0.28% 14,954 $3.1M Reduce -29.6%
BERY Berry Global Group Inc. 0.28% 44,432 $3.1M Reduce -66.2%
MMM 3M Co. 0.28% 21,100 $3.1M No change
VERX Vertex Inc. Class A 0.28% 87,700 $3.1M New
BBD Banco Bradesco-ADR 0.28% 1,364,814 $3.0M No change
CL Colgate-Palmolive Co. 0.27% 32,329 $3.0M Reduce -22.6%
RELY Remitly Global Inc. 0.27% 144,000 $3.0M New
COR Cencora Inc. 0.27% 10,657 $3.0M No change
CAH Cardinal Health Inc. 0.27% 21,353 $2.9M No change
PEP Pepsico Inc. 0.27% 19,553 $2.9M Reduce -39.4%
AZO AutoZone Inc. 0.26% 761 $2.9M Reduce -13.9%
MO Altria Group Inc. 0.26% 48,337 $2.9M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.26% 34,554 $2.9M No change
MCK McKesson Corp. 0.26% 4,276 $2.9M No change
AON Aon PLC Class A 0.26% 7,203 $2.9M Reduce -31.6%
KMB Kimberly-Clark Corp. 0.26% 20,162 $2.9M No change
SFM Sprouts Farmers Market Inc. 0.25% 18,344 $2.8M No change
EXEL Exelixis Inc. 0.25% 75,834 $2.8M No change
GRMN Garmin Ltd. 0.25% 12,800 $2.8M No change
GILD Gilead Sciences Inc. 0.25% 24,685 $2.8M New
PPC Pilgrim's Pride Corp. 0.25% 50,703 $2.8M No change
RYAN Ryan Specialty Holdings Inc. 0.25% 37,265 $2.8M No change
TSN Tyson Foods Inc. Class A 0.24% 42,281 $2.7M No change
ETN Eaton Corp. PLC 0.24% 9,907 $2.7M Add +147.5%
YOU Clear Secure Inc. Class A 0.24% 103,357 $2.7M No change
CALM Cal-Maine Foods Inc. 0.24% 29,294 $2.7M No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.24% 7,600 $2.6M Add +43.1%
CI The Cigna Group 0.23% 7,850 $2.6M No change
BRBR Bellring Brands Inc. 0.23% 34,500 $2.6M New
MDT Medtronic PLC 0.23% 28,520 $2.6M Reduce -10.7%
SNX TD Synnex Corp. 0.23% 24,000 $2.5M New
LRN Stride Inc. 0.22% 19,500 $2.5M New
EAT Brinker International Inc. 0.22% 16,400 $2.4M New
NEE Nextera Energy Inc. 0.22% 33,678 $2.4M Reduce -20.0%
MSCI MSCI Inc. 0.21% 4,019 $2.3M Reduce -16.0%
COST Costco Wholesale Corp. 0.20% 2,355 $2.2M Reduce -28.8%
AZN Astrazeneca PLC-Spons ADR 0.20% 29,872 $2.2M Reduce -33.4%
CPRT Copart Inc. 0.20% 38,593 $2.2M Reduce -27.6%
AMAT Applied Materials Inc. 0.20% 15,042 $2.2M Reduce -18.9%
DHR Danaher Corp. 0.20% 10,580 $2.2M Reduce -28.0%
SRE Sempra 0.19% 30,000 $2.1M No change
CTAS Cintas Corp. 0.19% 10,260 $2.1M No change
CNK Cinemark Holdings Inc. 0.19% 83,777 $2.1M No change
XYL Xylem Inc. 0.19% 17,172 $2.1M Add +19.0%
UTHR United Therapeutics Corp. 0.19% 6,650 $2.0M No change
MELI MercadoLibre Inc. 0.18% 1,030 $2.0M Add +186.1%
NKE Nike Inc. Class B 0.18% 31,150 $2.0M No change
PYPL PayPal Holdings Inc. 0.18% 30,000 $2.0M Reduce -84.1%
KGC Kinross Gold Corp. 0.17% 151,800 $1.9M New
ABNB Airbnb Inc. Class A 0.17% 16,000 $1.9M No change
PLD Prologis Inc. 0.17% 16,709 $1.9M Reduce -34.9%
ORLY O'reilly Automotive Inc. 0.16% 1,218 $1.7M Reduce -37.5%
DG Dollar General Corp. 0.16% 19,830 $1.7M No change
CAT Caterpillar Inc. 0.16% 5,249 $1.7M No change
NDAQ Nasdaq Inc. 0.15% 22,480 $1.7M Reduce -3.6%
BABA Alibaba Group Holding-SP ADR 0.15% 12,268 $1.6M Reduce -24.9%
WELL Welltower Inc. 0.15% 10,470 $1.6M Reduce -14.6%
ECL Ecolab Inc. 0.14% 6,210 $1.6M Add +4.2%
RSG Republic Services Inc. 0.14% 6,355 $1.5M Add +8.9%
CASY Casey's General Stores Inc. 0.14% 3,500 $1.5M Add +25.0%
SYK Stryker Corp. 0.13% 3,967 $1.5M Add +111.9%
CVX Chevron Corp. 0.12% 7,933 $1.3M Reduce -51.6%
CMG Chipotle Mexican Grill Inc. 0.12% 25,795 $1.3M Add +33.8%
LRCX Lam Research Corp. 0.12% 17,510 $1.3M Reduce -41.6%
JCI Johnson Controls Internation 0.11% 15,529 $1.2M No change
EMR Emerson Electric Co. 0.11% 10,767 $1.2M No change
PFE Pfizer Inc. 0.10% 43,550 $1.1M Reduce -58.7%
ARES Ares Management Corp. Class A 0.10% 7,500 $1.1M Add +53.1%
OC Owens Corning 0.10% 7,655 $1.1M Add +22.4%
ROL Rollins Inc. 0.10% 20,000 $1.1M Add +81.8%
ADP Automatic Data Processing 0.10% 3,500 $1.1M No change
WCN Waste Connections Inc. 0.10% 5,400 $1.1M No change
ALC Alcon Inc. filed as ALCON AG 0.09% 10,800 $1.0M Reduce -48.0%
MS Morgan Stanley 0.08% 7,999 $933K Add +10.9%
VZLA Vizsla Silver Corp. 0.08% 400,000 $915K Reduce -20.0%
CDNS Cadence Design SYS Inc. 0.08% 3,500 $890K Add +40.0%
AWK American Water Works Co. Inc. 0.08% 6,026 $889K Reduce -41.5%
TT Trane Technologies PLC 0.08% 2,497 $841K Reduce -61.6%
JNJ Johnson & Johnson 0.07% 4,969 $824K Reduce -56.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 8,062 $796K Add +18.7%
SO The Southern Co. 0.07% 8,337 $767K Add +22.7%
ISRG Intuitive Surgical Inc. 0.07% 1,540 $763K Add +25.2%
ADSK Autodesk Inc. 0.07% 2,858 $748K No change
FIS Fidelity National Info Serv 0.07% 9,739 $727K Reduce -60.0%
RACE Ferrari NV 0.07% 1,685 $721K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 5,900 $719K No change
QCOM Qualcomm Inc. 0.06% 4,630 $711K Add +5.6%
URI United Rentals Inc. 0.06% 1,120 $702K Add +67.2%
DE Deere & Co. 0.06% 1,493 $701K Add +41.6%
WSO Watsco Inc. 0.06% 1,350 $686K New
JD Jd.com Inc.-ADR 0.06% 16,179 $665K Reduce -41.2%
CRWD CrowdStrike Holdings Inc. Class A 0.06% 1,830 $645K Add +52.5%
GPK Graphic Packaging Holding Co. 0.06% 24,367 $633K No change
ORCL Oracle Corp. 0.06% 4,474 $626K Add +236.1%
AEM Agnico Eagle Mines Ltd. 0.06% 5,700 $618K Reduce -88.3%
SNPS Synopsys Inc. 0.06% 1,420 $609K Add +24.0%
EOG EOG Resources Inc. 0.06% 4,741 $608K Reduce -84.5%
VRTX Vertex Pharmaceuticals Inc. 0.05% 1,243 $603K Add +5.6%
RIO Rio Tinto PLC-Spon ADR 0.05% 9,799 $589K Reduce -40.3%
NXPI NXP Semiconductors NV 0.05% 3,088 $587K No change
CSCO Cisco Systems Inc. 0.05% 9,187 $567K No change
HON Honeywell International Inc. 0.05% 2,631 $557K No change
ZTS Zoetis Inc. 0.05% 3,338 $550K Add +26.5%
MRSH Marsh & McLennan Cos 0.05% 2,240 $547K No change
MTZ Mastec Inc. 0.05% 4,572 $534K No change
ADI Analog Devices Inc. 0.05% 2,587 $522K No change
AXP American Express Co. 0.05% 1,920 $517K Reduce -50.1%
DHI D.R. Horton Inc. 0.05% 4,040 $514K No change
MEDP Medpace Holdings Inc. 0.04% 1,580 $481K No change
ROST Ross Stores Inc. 0.04% 3,567 $456K Reduce -7.3%
MSI Motorola Solutions Inc. 0.04% 1,030 $451K No change
SCHW Schwab (charles) Corp. 0.04% 5,504 $431K No change
NFLX Netflix Inc. 0.04% 460 $429K Add +45.1%
TXN Texas Instruments Inc. 0.04% 2,324 $418K Add +7.3%
REGN Regeneron Pharmaceuticals 0.04% 658 $417K Add +17.5%
PODD Insulet Corp. 0.04% 1,570 $412K Add +53.9%
HWM Howmet Aerospace Inc. 0.04% 3,039 $394K Add +3.9%
VZ Verizon Communications Inc. 0.03% 8,359 $379K No change
TTWO Take-Two Interactive Softwre 0.03% 1,809 $375K No change
PCG P G & E Corp. 0.03% 21,242 $365K No change
FITB Fifth Third Bancorp 0.03% 8,607 $337K No change
SLM SLM Corp. 0.03% 11,023 $324K No change
CEG Constellation Energy 0.03% 1,600 $323K No change
LOW Lowe's Cos Inc. 0.03% 1,380 $322K No change
GS Goldman Sachs Group Inc. 0.03% 583 $318K New
APH Amphenol Corp. Class A 0.03% 4,700 $308K No change
FCX Freeport-McMoran Inc. 0.03% 7,962 $301K Reduce -89.2%
ZBH Zimmer Biomet Holdings Inc. 0.03% 2,627 $297K Add +13.7%
LYB Lyondellbasell Indu Class A 0.03% 4,200 $296K No change
SYF Synchrony Financial 0.03% 5,458 $289K Add +22.4%
COF Capital One Financial Corp. 0.03% 1,600 $287K New
RMD Resmed Inc. 0.03% 1,250 $280K Reduce -17.8%
GLW Corning Inc. 0.02% 5,906 $270K No change
MWA Mueller Water Products Inc. Class A 0.02% 10,582 $269K No change
AKAM Akamai Technologies Inc. 0.02% 3,325 $268K Reduce -9.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.02% 1,063 $264K No change
LOGI Logitech International-Reg 0.02% 3,144 $263K Reduce -12.5%
A Agilent Technologies Inc. 0.02% 2,240 $262K Reduce -15.2%
NVT Nvent Electric PLC 0.02% 4,982 $261K Add +42.7%
TEAM Atlassian Corp. Class A 0.02% 1,174 $249K New
IDXX Idexx Laboratories Inc. 0.02% 590 $248K New
BIIB Biogen Inc. 0.02% 1,744 $239K No change
DD Dupont DE Nemours Inc. 0.02% 3,182 $238K No change
CCL Carnival Corp. 0.02% 12,022 $235K New
SBUX Starbucks Corp. 0.02% 2,393 $235K Reduce -15.2%
LNG Cheniere Energy Inc. 0.02% 1,000 $231K No change
P Everpure Inc. Class A filed as PURE STORAGE INC 0.02% 5,201 $230K No change
O Realty Income Corp. 0.02% 3,942 $229K No change
EQIX Equinix Inc. 0.02% 276 $225K No change
LULU Lululemon Athletica Inc. 0.02% 790 $224K Reduce -15.1%
AFL Aflac Inc. 0.02% 1,952 $217K No change
BURL Burlington Stores Inc. 0.02% 909 $217K Reduce -41.7%
MPC Marathon Petroleum Corp. 0.02% 1,453 $212K No change
HIG Hartford Insurance Group Inc. 0.02% 1,653 $205K New
B Barrick Gold Corp. 0.02% 10,000 $194K New
OKTA Okta Inc. 0.01% 1,300 $137K New
ASX Ase Technology Holding -ADR 0.01% 13,700 $120K No change
NFGC New Found Gold Corp. 0.00% 40,000 $48K No change
Other holdings (4): bonds, preferreds, convertibles and warrants · $4.4M (not counted above)
SecurityClassShares / PrincipalValueChange
PDD HOLDINGS INC (PDD 0 12/01/25) NOTE 12/0 · principal 2,000,000$2.0MAdd +100.0%
LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) NOTE 1.750% 1/1 · principal 1,300,000$1.1MNo change
OKTA INC (OKTA 0.125 09/01/25) NOTE 0.125% 9/0 · principal 1,000,000$979KNo change
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 9,500$339KNo change

Total filed on the 13F, all lines: $1.1B.

Portfolio Sells Q4 2024 → Q1 2025
PYPL PayPal Holdings Inc. Reduce -84.1% 0.18% −1.24
GIS General Mills Inc. Sold out 0.00% −0.81
NOW ServiceNow Inc. Reduce -46.5% 0.47% −0.67
AMZN Amazon.com Inc. Reduce -2.3% 4.40% −0.64
HD Home Depot Inc. Reduce -47.9% 0.55% −0.54
BERY Berry Global Group Inc. Reduce -66.2% 0.28% −0.46
CRM Salesforce Inc. Reduce -5.5% 1.65% −0.46
PANW Palo Alto Networks Inc. Reduce -59.1% 0.30% −0.46
TSM Taiwan Semiconductor-SP ADR Reduce -13.8% 1.18% −0.40
AAPL Apple Inc. Reduce -1.9% 3.17% −0.36
CC The Chemours Co. Sold out 0.00% −0.32
TEVA Teva Pharmaceutical-SP ADR Sold out 0.00% −0.31
AEM Agnico Eagle Mines Ltd. Reduce -88.3% 0.06% −0.28
VITL Vital Farms Inc. Sold out 0.00% −0.28
EOG EOG Resources Inc. Reduce -84.5% 0.06% −0.27
GDDY GoDaddy Inc. Class A Sold out 0.00% −0.24
IQV Iqvia Holdings Inc. Sold out 0.00% −0.24
CPNG Coupang Inc. Sold out 0.00% −0.23
GOOG Alphabet Inc. Class C Reduce -0.0% 1.24% −0.23
FCX Freeport-McMoran Inc. Reduce -89.2% 0.03% −0.22
PNW Pinnacle West Capital Sold out 0.00% −0.22
STNG Scorpio Tankers Inc. Sold out 0.00% −0.21
TXRH Texas Roadhouse Inc. Sold out 0.00% −0.21
OKE Oneok Inc. Sold out 0.00% −0.21
HRB H&R Block Inc. Sold out 0.00% −0.21
ALNY Alnylam Pharmaceuticals Inc. Sold out 0.00% −0.21
LMT Lockheed Martin Corp. Sold out 0.00% −0.20
PDD PDD Holdings Inc. Sold out 0.00% −0.20
WMT Walmart Inc. Reduce -26.2% 0.55% −0.19
THC Tenet Healthcare Corp. Sold out 0.00% −0.18
BAH Booz Allen Hamilton Holdings Sold out 0.00% −0.18
AMD Advanced Micro Devices Reduce -28.4% 0.30% −0.18
LDOS Leidos Holdings Inc. Sold out 0.00% −0.17
PEP Pepsico Inc. Reduce -39.4% 0.27% −0.17
PFE Pfizer Inc. Reduce -58.7% 0.10% −0.15
TMO Thermo Fisher Scientific Inc. Reduce -29.8% 0.32% −0.14
TT Trane Technologies PLC Reduce -61.6% 0.08% −0.13
FIS Fidelity National Info Serv Reduce -60.0% 0.07% −0.11
DHR Danaher Corp. Reduce -28.0% 0.20% −0.10
CVX Chevron Corp. Reduce -51.6% 0.12% −0.09
MRVL Marvell Technology Inc. Sold out 0.00% −0.09
BKNG Booking Holdings Inc. Reduce -2.0% 1.17% −0.08
MA Mastercard Inc. Class A Reduce -16.3% 0.70% −0.08
LRCX Lam Research Corp. Reduce -41.6% 0.12% −0.07
JPM JPMorgan Chase & Co. Reduce -13.6% 0.77% −0.07
AON Aon PLC Class A Reduce -31.6% 0.26% −0.07
JNJ Johnson & Johnson Reduce -56.7% 0.07% −0.07
CPRT Copart Inc. Reduce -27.6% 0.20% −0.07
PLD Prologis Inc. Reduce -34.9% 0.17% −0.07
AMAT Applied Materials Inc. Reduce -18.9% 0.20% −0.07

Portfolio Buys Q4 2024 → Q1 2025
VRSN Verisign Inc. New 0.79% +0.79
META Meta Platforms Inc. Class A Add +48.4% 1.92% +0.64
KO The Coca-Cola Co. Add +16.3% 2.14% +0.59
CME Cme Group Inc. Add +403.4% 0.63% +0.52
POST Post Holdings Inc. New 0.51% +0.51
BSX Boston Scientific Corp. Add +1299.9% 0.53% +0.50
PGR Progressive Corp. Add +52.7% 0.95% +0.44
LLY Eli Lilly & Co. Add +12.2% 2.12% +0.41
MDLZ Mondelez International Inc. Class A Add +578.2% 0.44% +0.39
UNH Unitedhealth Group Inc. Add +13.3% 1.95% +0.34
ELV Elevance Health Inc. Add +142.6% 0.45% +0.30
BILI Bilibili Inc.-Sponsored ADR New 0.29% +0.29
UBER Uber Technologies Inc. Add +69.7% 0.55% +0.29
CYBR Cyberark Software Ltd./Israel Add +48.1% 0.78% +0.28
VERX Vertex Inc. Class A New 0.28% +0.28
RELY Remitly Global Inc. New 0.27% +0.27
AMT American Tower Corp. Add +1.0% 1.42% +0.27
GILD Gilead Sciences Inc. New 0.25% +0.25
WFC Wells Fargo & Co. Add +83.5% 0.50% +0.24
BAC Bank of America Corp. Add +36.6% 0.95% +0.24
BRBR Bellring Brands Inc. New 0.23% +0.23
SNX TD Synnex Corp. New 0.23% +0.23
LRN Stride Inc. New 0.22% +0.22
EAT Brinker International Inc. New 0.22% +0.22
ICE Intercontinental Exchange Inc. Add +7.2% 1.01% +0.22
CB Chubb Ltd. Add +9.7% 1.11% +0.21
VEEV Veeva Systems Inc. Class A Add +17.8% 0.82% +0.21
ROP Roper Technologies Inc. Add +23.7% 0.66% +0.20
UBS UBS Group AG-Reg Add +24.2% 0.94% +0.20
PG The Procter & Gamble Co. Add +14.9% 1.16% +0.20
ADBE Adobe Inc. Add +161.6% 0.31% +0.18
KGC Kinross Gold Corp. New 0.17% +0.17
HCA HCA Healthcare Inc. Add +4.4% 0.86% +0.17
COP Conocophillips Add +15.6% 0.76% +0.16
SPGI S&P Global Inc. Add +5.8% 1.46% +0.15
CSGP Costar Group Inc. Add +67.4% 0.29% +0.14
SHW The Sherwin-Williams Co. Add +13.4% 0.79% +0.13
MELI MercadoLibre Inc. Add +186.1% 0.18% +0.13
ETN Eaton Corp. PLC Add +147.5% 0.24% +0.13
AJG Arthur J Gallagher & Co. Add +43.1% 0.24% +0.11
MRK Merck & Co. Inc. Add +30.3% 0.58% +0.10
FSLR First Solar Inc. Add +89.6% 0.31% +0.09
AER Aercap Holdings NV Add +0.7% 0.79% +0.08
EFX Equifax Inc. Add +21.1% 0.47% +0.08
SYK Stryker Corp. Add +111.9% 0.13% +0.07
RACE Ferrari NV New 0.07% +0.07
CP Canadian Pacific Kansas City Add +13.7% 0.52% +0.06
WSO Watsco Inc. New 0.06% +0.06
NYT New York Times Co. Class A Add +10.7% 0.76% +0.06
AME Ametek Inc. Add +13.9% 0.50% +0.05

Notes & Other Activity Q4 2024 → Q1 2025
PDD HOLDINGS INC (PDD 0 12/01/25) NOTE 12/0 · principal Add +100.0% 2,000,000 $2.0M
CLOUDFLARE INC (NET 0 08/15/26) NOTE 8/1 · principal Sold out 1,000,000 $960Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 235$2.4BAAPL, NVDA, MSFT, GOOGL, AVGO
Q1 2026 242$2.3BAAPL, NVDA, MSFT, GOOGL, AMZN
Q4 2025 218$1.3BMSFT, AMZN, NVDA, AAPL, GOOGL
Q3 2025 233$1.2BMSFT, NVDA, AMZN, AAPL, GOOGL
Q2 2025 232$1.1BMSFT, NVDA, AMZN, V, BRK.B
Q1 2025 233$1.1BMSFT, AMZN, V, NVDA, BRK.B
Q4 2024 243$1.1BMSFT, AMZN, NVDA, AAPL, V
Q3 2024 213$962.8MMSFT, AMZN, NVDA, AAPL, V
Q2 2024 196$801.2MMSFT, AMZN, GOOGL, BRK.B, V
Q1 2024 127$239.0MMSFT, GOOGL, BRK.B, LLY, AMZN