Lombard Odier Asset Management (Europe) Ltd
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Lombard Odier Asset Management (Europe) Ltd reported 134 stock positions worth $1.2 billion. Its top holding was Nvidia (NVDA) at 6.3% of the portfolio, followed by Alphabet Class A (GOOGL, 5.8%) and Nextera Energy (NEE, 2.2%). Compared with Q4 2025, it opened 21 new positions, sold out of 11, added to 44 and reduced 66. The biggest buy was a new position in Marsh & McLennan Cos (MRSH) and the biggest sale Amazon.com (AMZN, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001535784
- Portfolio Value
- $1.2B (Q1 2026)
- SEC Filing
- 0000908834-26-000236 ↗ filed May 15, 2026
Holdings Value
Holdings 134 stocks · $1.2B
| NVDA Nvidia Corp. | 6.34% | 443,753 | $77.4M | Add +8.2% |
| GOOGL Alphabet Inc. Class A | 5.85% | 248,338 | $71.4M | Add +21.8% |
| NEE Nextera Energy Inc. | 2.17% | 285,698 | $26.5M | Reduce -14.9% |
| MRK Merck & Co. Inc. | 1.88% | 191,185 | $23.0M | Reduce -6.9% |
| TMO Thermo Fisher Scientific Inc. | 1.79% | 44,489 | $21.9M | Reduce -3.2% |
| SPGI S&P Global Inc. | 1.73% | 49,578 | $21.1M | Add +4.5% |
| AMZN Amazon.com Inc. | 1.65% | 96,983 | $20.2M | Reduce -59.6% |
| STLD Steel Dynamics Inc. | 1.62% | 109,760 | $19.8M | Reduce -10.1% |
| ECL Ecolab Inc. | 1.59% | 72,943 | $19.4M | Reduce -28.6% |
| WM Waste Management Inc. | 1.56% | 82,794 | $19.0M | Add +30.4% |
| WPM Wheaton Precious Metals Corp. | 1.53% | 142,195 | $18.6M | Reduce -4.1% |
| MFC Manulife Financial Corp. | 1.51% | 535,006 | $18.4M | Reduce -22.2% |
| AMD Advanced Micro Devices | 1.51% | 90,469 | $18.4M | Add +31.4% |
| CCK Crown Holdings Inc. | 1.35% | 164,707 | $16.5M | Reduce -31.7% |
| INTU Intuit Inc. | 1.35% | 38,016 | $16.4M | Add +277.7% |
| RSG Republic Services Inc. | 1.29% | 72,013 | $15.8M | Add +7.6% |
| NXT Nextpower Inc. | 1.26% | 127,421 | $15.4M | Add +63.5% |
| WMS Advanced Drainage Systems Inc. | 1.25% | 111,124 | $15.2M | Add +87.0% |
| UBER Uber Technologies Inc. | 1.22% | 207,098 | $14.9M | Add +113.6% |
| LLY Eli Lilly & Co. | 1.22% | 16,179 | $14.9M | Reduce -0.1% |
| MSCI MSCI Inc. | 1.21% | 27,344 | $14.7M | Add +143.5% |
| CDNS Cadence Design SYS Inc. | 1.20% | 52,941 | $14.7M | Add +30.9% |
| VRSK Verisk Analytics Inc. | 1.20% | 77,298 | $14.7M | Add +14.5% |
| MRSH Marsh & McLennan Cos | 1.19% | 84,056 | $14.6M | New |
| MPWR Monolithic Power Systems Inc. | 1.17% | 13,083 | $14.3M | Reduce -4.2% |
| QXO Qxo Inc. | 1.17% | 733,928 | $14.3M | Reduce -13.9% |
| NEXN Nexxen International Ltd. | 1.15% | 2,149,845 | $14.0M | Add +4.6% |
| JNJ Johnson & Johnson | 1.14% | 56,953 | $13.9M | Reduce -7.3% |
| CTVA Corteva Inc. | 1.14% | 166,048 | $13.9M | Reduce -11.9% |
| REGN Regeneron Pharmaceuticals | 1.13% | 17,875 | $13.8M | Reduce -14.9% |
| ADSK Autodesk Inc. | 1.13% | 57,391 | $13.7M | Add +20.6% |
| CSX CSX Corp. | 1.07% | 317,980 | $13.1M | Reduce -14.0% |
| ROK Rockwell Automation Inc. | 1.06% | 36,211 | $13.0M | Add +54.2% |
| CCJ Cameco Corp. | 1.06% | 119,632 | $13.0M | Reduce -0.2% |
| MDT Medtronic PLC | 1.03% | 145,443 | $12.6M | Reduce -4.0% |
| ACM Aecom | 1.00% | 144,310 | $12.2M | Reduce -16.4% |
| PANW Palo Alto Networks Inc. | 1.00% | 76,315 | $12.2M | Add +5.6% |
| VLTO Veralto Corp. | 0.98% | 135,546 | $12.0M | Reduce -8.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.98% | 74,959 | $12.0M | Add +1.7% |
| IQV Iqvia Holdings Inc. | 0.97% | 69,585 | $11.9M | Add +38.3% |
| AAPL Apple Inc. | 0.95% | 45,475 | $11.5M | Add +13.2% |
| ICE Intercontinental Exchange Inc. | 0.94% | 73,104 | $11.5M | New |
| DAR Darling Ingredients Inc. | 0.93% | 183,301 | $11.3M | Add +14.2% |
| ETN Eaton Corp. PLC | 0.91% | 30,978 | $11.1M | Add +80.2% |
| ZTS Zoetis Inc. | 0.90% | 93,097 | $11.0M | Add +33.3% |
| AWK American Water Works Co. Inc. | 0.90% | 80,311 | $10.9M | Add +212.4% |
| XYL Xylem Inc. | 0.88% | 89,414 | $10.7M | Reduce -36.0% |
| NOW ServiceNow Inc. | 0.85% | 99,813 | $10.4M | Add +104.9% |
| PAAS Pan American Silver Corp. | 0.83% | 185,993 | $10.2M | Reduce -21.8% |
| APTV Aptiv PLC | 0.82% | 143,508 | $10.0M | New |
| SW Smurfit Westrock PLC | 0.81% | 247,655 | $9.9M | Reduce -35.6% |
| GPN Global Payments Inc. | 0.80% | 144,772 | $9.7M | Add +166.9% |
| BSX Boston Scientific Corp. | 0.78% | 151,463 | $9.5M | Add +5.7% |
| PSMT Pricesmart Inc. | 0.76% | 61,512 | $9.3M | Add +1.2% |
| AMAT Applied Materials Inc. | 0.76% | 26,981 | $9.2M | Reduce -42.6% |
| ENPH Enphase Energy Inc. | 0.75% | 242,204 | $9.2M | New |
| AVGO Broadcom Inc. | 0.75% | 29,432 | $9.1M | Reduce -30.6% |
| PWR Quanta Services Inc. | 0.74% | 16,559 | $9.1M | Add +3.9% |
| NVT Nvent Electric PLC | 0.70% | 72,303 | $8.6M | Add +0.8% |
| CL Colgate-Palmolive Co. | 0.68% | 96,923 | $8.3M | Reduce -44.0% |
| ORLY O'reilly Automotive Inc. | 0.65% | 86,469 | $8.0M | Reduce -1.9% |
| SPOT Spotify Technology SA | 0.64% | 16,153 | $7.8M | New |
| CRM Salesforce Inc. | 0.63% | 40,959 | $7.6M | Add +18.1% |
| MU Micron Technology Inc. | 0.63% | 22,610 | $7.6M | New |
| BKNG Booking Holdings Inc. | 0.61% | 1,759 | $7.4M | New |
| URI United Rentals Inc. | 0.60% | 10,133 | $7.4M | New |
| DE Deere & Co. | 0.60% | 12,961 | $7.3M | Reduce -61.7% |
| A Agilent Technologies Inc. | 0.57% | 60,578 | $6.9M | Reduce -4.0% |
| CP Canadian Pacific Kansas City | 0.57% | 87,754 | $6.9M | Add +73.5% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.52% | 438,343 | $6.3M | New |
| MTZ Mastec Inc. | 0.51% | 19,448 | $6.3M | Reduce -31.4% |
| BSY Bentley Systems Inc. Class B | 0.50% | 172,956 | $6.1M | Add +158.8% |
| EBAY eBay Inc. | 0.49% | 66,175 | $6.0M | Reduce -13.8% |
| AA Alcoa Corp. | 0.49% | 90,258 | $6.0M | Add +90.9% |
| CMG Chipotle Mexican Grill Inc. | 0.47% | 181,047 | $5.8M | Reduce -45.0% |
| DDOG Datadog Inc. Class A | 0.45% | 46,153 | $5.4M | Add +32.4% |
| ZBRA Zebra Technologies Corp. Class A | 0.44% | 25,680 | $5.4M | Reduce -52.6% |
| BIRK Birkenstock Holding PLC | 0.43% | 145,640 | $5.2M | Reduce -47.6% |
| DHR Danaher Corp. | 0.41% | 26,109 | $5.0M | Reduce -54.5% |
| FLEX Flex Ltd. filed as FLEXTRONICS INTL LTD | 0.41% | 75,605 | $4.9M | New |
| CMS CMS Energy Corp. | 0.40% | 62,589 | $4.9M | Add +23.3% |
| MSFT Microsoft Corp. | 0.40% | 13,071 | $4.8M | Reduce -59.3% |
| ABNB Airbnb Inc. Class A | 0.39% | 38,160 | $4.8M | Add +0.7% |
| SYY Sysco Corp. | 0.37% | 64,017 | $4.6M | Reduce -56.9% |
| MELI MercadoLibre Inc. | 0.37% | 2,623 | $4.5M | New |
| CLH Clean Harbors Inc. | 0.37% | 15,786 | $4.5M | Reduce -68.5% |
| VISN Vistance Networks Inc. | 0.35% | 233,138 | $4.2M | Reduce -41.6% |
| ACN Accenture PLC Class A | 0.34% | 20,673 | $4.1M | Add +27.2% |
| NDAQ Nasdaq Inc. | 0.33% | 47,298 | $4.0M | Add +31.4% |
| VRT Vertiv Holdings Co. Class A | 0.33% | 15,950 | $4.0M | Reduce -83.3% |
| CRS Carpenter Technology | 0.31% | 9,738 | $3.8M | New |
| MRVL Marvell Technology Inc. | 0.31% | 38,627 | $3.8M | Reduce -67.0% |
| ON On Semiconductor | 0.31% | 60,245 | $3.7M | New |
| SSNC Ss&c Technologies Holdings | 0.29% | 52,000 | $3.5M | No change |
| MKTX Marketaxess Holdings Inc. | 0.28% | 20,930 | $3.5M | Reduce -10.9% |
| V Visa Inc. Class A | 0.27% | 11,065 | $3.3M | Reduce -45.3% |
| NOMD Nomad Foods Ltd. | 0.26% | 334,349 | $3.2M | Reduce -62.5% |
| UCTT Ultra Clean Holdings Inc. | 0.26% | 51,415 | $3.2M | New |
| TSLA Tesla Inc. | 0.25% | 8,268 | $3.1M | Reduce -59.5% |
| COHR Coherent Corp. | 0.25% | 12,841 | $3.1M | Reduce -5.3% |
| CPRT Copart Inc. | 0.24% | 88,085 | $2.9M | Reduce -41.6% |
| APG Api Group Corp. | 0.23% | 70,363 | $2.9M | New |
| TPR Tapestry Inc. | 0.23% | 20,000 | $2.8M | Reduce -9.1% |
| SYK Stryker Corp. | 0.22% | 8,175 | $2.7M | Reduce -18.3% |
| ICHR Ichor Holdings Ltd. | 0.22% | 57,584 | $2.7M | New |
| TTEK Tetra Tech Inc. | 0.21% | 86,962 | $2.6M | Reduce -17.1% |
| PHM Pultegroup Inc. | 0.21% | 22,097 | $2.6M | New |
| HPQ HP Inc. | 0.21% | 132,195 | $2.5M | Reduce -33.7% |
| VIRT Virtu Financial Inc. Class A | 0.21% | 57,500 | $2.5M | Reduce -5.7% |
| PAGS Pagseguro Digital Ltd. Class A | 0.21% | 250,000 | $2.5M | Reduce -3.9% |
| BRKR Bruker Corp. | 0.20% | 66,216 | $2.4M | Reduce -51.4% |
| XPEL Xpel Inc. | 0.19% | 51,151 | $2.3M | Add +42.5% |
| DECK Deckers Outdoor Corp. | 0.18% | 21,393 | $2.1M | Add +1.9% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.16% | 58,739 | $2.0M | New |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.16% | 12,500 | $2.0M | Reduce -30.6% |
| ABT Abbott Laboratories | 0.15% | 18,304 | $1.9M | Add +3.1% |
| NFLX Netflix Inc. | 0.15% | 19,320 | $1.9M | Add +10.4% |
| STNE Stoneco Ltd. Class A | 0.15% | 130,000 | $1.8M | New |
| GILD Gilead Sciences Inc. | 0.14% | 12,396 | $1.7M | Reduce -38.0% |
| PTC PTC Inc. | 0.13% | 11,266 | $1.6M | Reduce -82.9% |
| EPAM Epam Systems Inc. | 0.13% | 11,500 | $1.6M | Reduce -80.3% |
| EVTC Evertec Inc. | 0.12% | 50,000 | $1.4M | Reduce -35.1% |
| PAYC Paycom Software Inc. | 0.10% | 10,000 | $1.2M | Reduce -27.3% |
| GRPN Groupon Inc. | 0.10% | 102,118 | $1.2M | Add +24.1% |
| LW Lamb Weston Holdings Inc. | 0.10% | 27,597 | $1.2M | Reduce -66.5% |
| FTAI Ftai Aviation Ltd. | 0.09% | 4,697 | $1.2M | New |
| ZWS Zurn Elkay Water Solutions C | 0.09% | 24,252 | $1.1M | No change |
| ADBE Adobe Inc. | 0.08% | 4,000 | $972K | Reduce -70.4% |
| WAY Waystar Holding Corp. | 0.08% | 40,000 | $964K | Reduce -42.0% |
| CGNX Cognex Corp. | 0.06% | 13,704 | $671K | Reduce -29.9% |
| AGCO Agco Corp. | 0.04% | 4,691 | $544K | Reduce -86.8% |
| TREX Trex Company Inc. filed as TREX INC | 0.04% | 11,972 | $436K | Reduce -79.7% |
| GPK Graphic Packaging Holding Co. | 0.03% | 40,460 | $402K | No change |
| GOOG Alphabet Inc. Class C | 0.03% | 1,130 | $324K | New |
Options reported separately and not counted above: MSFT calls ($8.7M), CYTK calls ($6.7M), MRK calls ($3.5M), GOOGL calls ($3.2M), RBRK calls ($1.8M), NET calls ($351K), ASTS calls ($249K).
Other holdings (50): bonds, preferreds, convertibles and warrants · $600.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 52,368,000 | $58.8M | Add +56.8% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 34,027,000 | $40.5M | Add +36.8% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 28,798,000 | $34.8M | Add +221.7% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 28,879,000 | $30.4M | Add +51.7% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 19,985,000 | $27.8M | Add +18.3% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 28,240,000 | $27.6M | Add +26.1% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 20,463,000 | $26.4M | New |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | 23,670,000 | $25.8M | Reduce -20.1% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 19,969,000 | $25.7M | Add +28.9% |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 24,831,000 | $21.9M | Reduce -9.8% |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 20,388,000 | $21.3M | Add +12.7% |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | 21,271,000 | $20.6M | Add +3.9% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 17,951,000 | $17.9M | Reduce -7.4% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 16,878,000 | $16.7M | Add +22.8% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 13,939,000 | $15.9M | No change |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 12,600,000 | $15.4M | New |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 11,442,000 | $13.2M | Add +21.9% |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | 14,045,000 | $12.7M | Reduce -1.4% |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | 10,503,000 | $10.4M | Add +4.0% |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 8,662,000 | $10.1M | Add +58.6% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 8,849,000 | $9.1M | Add +63.9% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 7,169,000 | $8.6M | Add +22.9% |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 8,143,000 | $7.8M | Add +26.9% |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 7,536,000 | $7.4M | Add +21.5% |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 5,828,000 | $6.4M | New |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 5,636,000 | $6.1M | Reduce -2.0% |
| SYNAPTICS INC (SYNA 0.75 12/01/31) | NOTE 0.750%12/0 · principal | 5,879,000 | $6.1M | New |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | 5,225,000 | $6.0M | New |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 5,579,000 | $5.6M | Reduce -0.8% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 6,125,000 | $5.5M | Add +0.4% |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 4,842,000 | $5.3M | New |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 5,300,000 | $5.2M | Reduce -1.9% |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 5,160,000 | $5.0M | Add +24.0% |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 5,127,000 | $4.6M | Reduce -3.4% |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | 4,402,000 | $4.1M | Reduce -4.3% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 4,154,000 | $3.9M | Reduce -6.6% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 2,950,000 | $3.4M | No change |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 3,750,000 | $3.4M | No change |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 3,659,000 | $3.2M | No change |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 3,243,000 | $3.2M | Reduce -3.9% |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 3,795,000 | $3.1M | No change |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 1,750,000 | $2.5M | Reduce -1.7% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 2,476,000 | $2.4M | New |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 2,500,000 | $2.3M | No change |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 1,400,000 | $1.8M | No change |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 1,500,000 | $1.5M | Reduce -68.8% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 1,438,000 | $1.4M | Reduce -10.4% |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 894,000 | $989K | No change |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | 1,000,000 | $889K | Reduce -94.4% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 330,000 | $333K | No change |
Total filed on the 13F, all lines: $1.8B.
Portfolio Sells Q4 2025 → Q1 2026
| AMZN Amazon.com Inc. | Reduce -59.6% | 1.65% | −2.56 |
| LIN Linde Inc. | Sold out | 0.00% | −1.25 |
| VRT Vertiv Holdings Co. Class A | Reduce -83.3% | 0.33% | −0.85 |
| MSFT Microsoft Corp. | Reduce -59.3% | 0.40% | −0.79 |
| EPAM Epam Systems Inc. | Reduce -80.3% | 0.13% | −0.78 |
| PTC PTC Inc. | Reduce -82.9% | 0.13% | −0.74 |
| FSLR First Solar Inc. | Sold out | 0.00% | −0.72 |
| DE Deere & Co. | Reduce -61.7% | 0.60% | −0.60 |
| DHR Danaher Corp. | Reduce -54.5% | 0.41% | −0.60 |
| NOMD Nomad Foods Ltd. | Reduce -62.5% | 0.26% | −0.59 |
| XYL Xylem Inc. | Reduce -36.0% | 0.88% | −0.57 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -52.6% | 0.44% | −0.56 |
| CCK Crown Holdings Inc. | Reduce -31.7% | 1.35% | −0.54 |
| CLH Clean Harbors Inc. | Reduce -68.5% | 0.37% | −0.52 |
| SYY Sysco Corp. | Reduce -56.9% | 0.37% | −0.46 |
| CMG Chipotle Mexican Grill Inc. | Reduce -45.0% | 0.47% | −0.45 |
| ECL Ecolab Inc. | Reduce -28.6% | 1.59% | −0.45 |
| TSLA Tesla Inc. | Reduce -59.5% | 0.25% | −0.45 |
| MRVL Marvell Technology Inc. | Reduce -67.0% | 0.31% | −0.44 |
| BIRK Birkenstock Holding PLC | Reduce -47.6% | 0.43% | −0.44 |
| TRMB Trimble Inc. | Sold out | 0.00% | −0.43 |
| MFC Manulife Financial Corp. | Reduce -22.2% | 1.51% | −0.40 |
| WCN Waste Connections Inc. | Sold out | 0.00% | −0.39 |
| AVGO Broadcom Inc. | Reduce -30.6% | 0.75% | −0.37 |
| CL Colgate-Palmolive Co. | Reduce -44.0% | 0.68% | −0.36 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −0.36 |
| SW Smurfit Westrock PLC | Reduce -35.6% | 0.81% | −0.32 |
| IEX Idex Corp. | Sold out | 0.00% | −0.29 |
| BRKR Bruker Corp. | Reduce -51.4% | 0.20% | −0.29 |
| ADBE Adobe Inc. | Reduce -70.4% | 0.08% | −0.28 |
| SPSC SPS Commerce Inc. | Sold out | 0.00% | −0.27 |
| PNR Pentair PLC | Sold out | 0.00% | −0.27 |
| V Visa Inc. Class A | Reduce -45.3% | 0.27% | −0.27 |
| OPCH Option Care Health Inc. | Sold out | 0.00% | −0.26 |
| ACM Aecom | Reduce -16.4% | 1.00% | −0.25 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.24 |
| AGCO Agco Corp. | Reduce -86.8% | 0.04% | −0.24 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.2% | 1.79% | −0.24 |
| CPRT Copart Inc. | Reduce -41.6% | 0.24% | −0.21 |
| VISN Vistance Networks Inc. | Reduce -41.6% | 0.35% | −0.20 |
| XYZ Block Inc. | Sold out | 0.00% | −0.18 |
| LW Lamb Weston Holdings Inc. | Reduce -66.5% | 0.10% | −0.17 |
| AMAT Applied Materials Inc. | Reduce -42.6% | 0.76% | −0.16 |
| VLTO Veralto Corp. | Reduce -8.3% | 0.98% | −0.14 |
| HPQ HP Inc. | Reduce -33.7% | 0.21% | −0.13 |
| TREX Trex Company Inc. | Reduce -79.7% | 0.04% | −0.12 |
| LLY Eli Lilly & Co. | Reduce -0.1% | 1.22% | −0.11 |
| PAAS Pan American Silver Corp. | Reduce -21.8% | 0.83% | −0.11 |
| REGN Regeneron Pharmaceuticals | Reduce -14.9% | 1.13% | −0.10 |
| WAY Waystar Holding Corp. | Reduce -42.0% | 0.08% | −0.09 |
Portfolio Buys Q4 2025 → Q1 2026
| MRSH Marsh & McLennan Cos | New | 1.19% | +1.19 |
| GOOGL Alphabet Inc. Class A | Add +21.8% | 5.85% | +0.99 |
| ICE Intercontinental Exchange Inc. | New | 0.94% | +0.94 |
| INTU Intuit Inc. | Add +277.7% | 1.35% | +0.84 |
| APTV Aptiv PLC | New | 0.82% | +0.82 |
| ENPH Enphase Energy Inc. | New | 0.75% | +0.75 |
| NXT Nextpower Inc. | Add +63.5% | 1.26% | +0.74 |
| MSCI MSCI Inc. | Add +143.5% | 1.21% | +0.72 |
| SPOT Spotify Technology SA | New | 0.64% | +0.64 |
| AWK American Water Works Co. Inc. | Add +212.4% | 0.90% | +0.64 |
| MU Micron Technology Inc. | New | 0.63% | +0.63 |
| UBER Uber Technologies Inc. | Add +113.6% | 1.22% | +0.62 |
| BKNG Booking Holdings Inc. | New | 0.61% | +0.61 |
| URI United Rentals Inc. | New | 0.60% | +0.60 |
| WMS Advanced Drainage Systems Inc. | Add +87.0% | 1.25% | +0.59 |
| NVDA Nvidia Corp. | Add +8.2% | 6.34% | +0.52 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 0.52% | +0.52 |
| WM Waste Management Inc. | Add +30.4% | 1.56% | +0.50 |
| ETN Eaton Corp. PLC | Add +80.2% | 0.91% | +0.49 |
| DAR Darling Ingredients Inc. | Add +14.2% | 0.93% | +0.49 |
| GPN Global Payments Inc. | Add +166.9% | 0.80% | +0.48 |
| FLEX Flex Ltd. | New | 0.41% | +0.41 |
| AMD Advanced Micro Devices | Add +31.4% | 1.51% | +0.39 |
| MELI MercadoLibre Inc. | New | 0.37% | +0.37 |
| ROK Rockwell Automation Inc. | Add +54.2% | 1.06% | +0.37 |
| CRS Carpenter Technology | New | 0.31% | +0.31 |
| ON On Semiconductor | New | 0.31% | +0.31 |
| BSY Bentley Systems Inc. Class B | Add +158.8% | 0.50% | +0.30 |
| AA Alcoa Corp. | Add +90.9% | 0.49% | +0.30 |
| NOW ServiceNow Inc. | Add +104.9% | 0.85% | +0.29 |
| CP Canadian Pacific Kansas City | Add +73.5% | 0.57% | +0.28 |
| UCTT Ultra Clean Holdings Inc. | New | 0.26% | +0.26 |
| CDNS Cadence Design SYS Inc. | Add +30.9% | 1.20% | +0.24 |
| APG Api Group Corp. | New | 0.23% | +0.23 |
| PWR Quanta Services Inc. | Add +3.9% | 0.74% | +0.23 |
| ZTS Zoetis Inc. | Add +33.3% | 0.90% | +0.23 |
| ICHR Ichor Holdings Ltd. | New | 0.22% | +0.22 |
| PHM Pultegroup Inc. | New | 0.21% | +0.21 |
| RSG Republic Services Inc. | Add +7.6% | 1.29% | +0.21 |
| PSMT Pricesmart Inc. | Add +1.2% | 0.76% | +0.19 |
| ONON On Holding AG Class A | New | 0.16% | +0.16 |
| STNE Stoneco Ltd. Class A | New | 0.15% | +0.15 |
| NVT Nvent Electric PLC | Add +0.8% | 0.70% | +0.14 |
| CMS CMS Energy Corp. | Add +23.3% | 0.40% | +0.13 |
| NEXN Nexxen International Ltd. | Add +4.6% | 1.15% | +0.13 |
| TJX TJX Companies Inc. | Add +1.7% | 0.98% | +0.12 |
| AAPL Apple Inc. | Add +13.2% | 0.95% | +0.11 |
| IQV Iqvia Holdings Inc. | Add +38.3% | 0.97% | +0.11 |
| FTAI Ftai Aviation Ltd. | New | 0.09% | +0.09 |
| DDOG Datadog Inc. Class A | Add +32.4% | 0.45% | +0.09 |
Options Activity Q4 2025 → Q1 2026
| NFLX Netflix Inc. | call | Sold out | 102,200 | $9.6Mbefore exit |
| MSFT Microsoft Corp. | call | Reduce -14.2% | 23,500 | $8.7M |
| CYTK Cytokinetics Inc. | call | Add +15.1% | 102,400 | $6.7M |
| MRK Merck & Co. Inc. | call | New | 28,900 | $3.5M |
| GOOGL Alphabet Inc. Class A | call | Reduce -80.5% | 11,000 | $3.2M |
| NCLH Norwegian Cruise Line Holdin | call | Sold out | 97,500 | $2.2Mbefore exit |
| UPST Upstart Holdings Inc. | call | Sold out | 46,800 | $2.0Mbefore exit |
| RBRK Rubrik Inc. Class A | call | New | 36,900 | $1.8M |
| NET Cloudflare Inc. Class A | call | New | 1,700 | $351K |
| ASTS Ast Spacemobile Inc. | call | New | 3,000 | $249K |
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
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Add +56.8% | 52,368,000 | $58.8M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Add +36.8% | 34,027,000 | $40.5M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +221.7% | 28,798,000 | $34.8M |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | Sold out | 30,038,000 | $32.1Mbefore exit |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Add +51.7% | 28,879,000 | $30.4M |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Sold out | 27,895,000 | $28.7Mbefore exit |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Add +18.3% | 19,985,000 | $27.8M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Add +26.1% | 28,240,000 | $27.6M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | New | 20,463,000 | $26.4M |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | Reduce -20.1% | 23,670,000 | $25.8M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Add +28.9% | 19,969,000 | $25.7M |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | Sold out | 22,442,000 | $22.5Mbefore exit |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | Reduce -9.8% | 24,831,000 | $21.9M |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | Add +12.7% | 20,388,000 | $21.3M |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | Add +3.9% | 21,271,000 | $20.6M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Sold out | 20,940,000 | $19.3Mbefore exit |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | Reduce -7.4% | 17,951,000 | $17.9M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | Add +22.8% | 16,878,000 | $16.7M |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | Sold out | 19,792,000 | $15.7Mbefore exit |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | Sold out | 16,416,000 | $15.5Mbefore exit |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | New | 12,600,000 | $15.4M |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Add +21.9% | 11,442,000 | $13.2M |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | Reduce -1.4% | 14,045,000 | $12.7M |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Sold out | 10,650,000 | $11.9Mbefore exit |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Sold out | 1,955,000 | $10.4Mbefore exit |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | Add +4.0% | 10,503,000 | $10.4M |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | Add +58.6% | 8,662,000 | $10.1M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Sold out | 10,152,000 | $10.1Mbefore exit |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Add +63.9% | 8,849,000 | $9.1M |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Add +22.9% | 7,169,000 | $8.6M |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | Add +26.9% | 8,143,000 | $7.8M |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | Add +21.5% | 7,536,000 | $7.4M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Sold out | 6,300,000 | $6.5Mbefore exit |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | New | 5,828,000 | $6.4M |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | Reduce -2.0% | 5,636,000 | $6.1M |
| SYNAPTICS INC (SYNA 0.75 12/01/31) | NOTE 0.750%12/0 · principal | New | 5,879,000 | $6.1M |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | New | 5,225,000 | $6.0M |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Sold out | 4,169,000 | $5.9Mbefore exit |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | Reduce -0.8% | 5,579,000 | $5.6M |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Add +0.4% | 6,125,000 | $5.5M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | New | 4,842,000 | $5.3M |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | Reduce -1.9% | 5,300,000 | $5.2M |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | Add +24.0% | 5,160,000 | $5.0M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Sold out | 5,144,000 | $5.0Mbefore exit |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Reduce -3.4% | 5,127,000 | $4.6M |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | Reduce -4.3% | 4,402,000 | $4.1M |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Reduce -6.6% | 4,154,000 | $3.9M |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | Sold out | 3,898,000 | $3.8Mbefore exit |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | Sold out | 3,588,000 | $3.3Mbefore exit |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | Reduce -3.9% | 3,243,000 | $3.2M |
Showing the first 50 of 59.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 131 | $1.3B | NVDA, GOOGL, AMZN, MU, WM |
| Q1 2026Amended | 134 | $1.2B | NVDA, GOOGL, NEE, MRK, TMO |
| Q4 2025 | 124 | $1.3B | NVDA, GOOGL, AMZN, NEE, ECL |
| Q3 2025 | 102 | $1.4B | NVDA, GOOG, ASCENDIS PHARMA A/S (ASND 2.25 04/01/28), SPGI, XYL |
| Q2 2025 | 123 | $1.1B | NVDA, AMZN, NEXN, AVGO, XYL |
| Q1 2025 | 121 | $1.1B | AMZN, CDNS, NEE, XYL, TREX |
| Q4 2024 | 179 | $1.5B | NVDA, AMZN, MSFT, AAPL, TSLA |
| Q3 2024 | 176 | $1.5B | NVDA, MSFT, AMZN, UNH, TMO |
| Q2 2024 | 209 | $1.5B | MSFT, NVDA, AMZN, GOOGL, UNH |
| Q1 2024 | 156 | $1.0B | MSFT, SLN, NVDA, AMZN, GOOGL |