MUFG Securities EMEA plc

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), MUFG Securities EMEA plc reported 153 stock positions worth $5.3 billion. Its top holding was Nvidia (NVDA) at 12.5% of the portfolio, followed by Meta Platforms Class A (META, 10.4%) and Microsoft (MSFT, 10.0%). Compared with Q3 2024, it opened 68 new positions, sold out of 47, added to 43 and reduced 37. The biggest buy was Microsoft (MSFT, shares +3834%) and the biggest sale an exit from Toronto-Dominion Bank (TD).

Most Recent 13F
Q2 2026
Location
LONDON, X0
CIK
0001597694
Portfolio Value
$5.3B (Q4 2024)
SEC Filing
0001597694-25-000023 ↗ filed Feb 12, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $1.1B Q1 2024 Q2 2024: $2.2B Q2 2024 Q3 2024: $2.4B Q3 2024 Q4 2024: $5.3B $5.3B Q4 2024 Q1 2025: $3.9B Q1 2025 Q2 2025: $2.2B Q2 2025 Q3 2025: $4.0B Q3 2025 Q4 2025: $8.6B Q4 2025 Q1 2026: $6.7B Q1 2026 Q2 2026: $9.5B Q2 2026

Holdings 153 stocks · $5.3B
NVDA Nvidia Corp. 12.54% 4,995,820 $670.9M Add +577.9%
META Meta Platforms Inc. Class A 10.36% 946,151 $554.0M Add +59.0%
MSFT Microsoft Corp. 10.01% 1,269,647 $535.2M Add +3834.0%
AAPL Apple Inc. 8.47% 1,808,415 $452.9M Add +3918.7%
AMZN Amazon.com Inc. 7.40% 1,802,949 $395.5M Add +996.5%
GOOGL Alphabet Inc. Class A 7.23% 2,043,980 $386.9M Add +405.9%
NFLX Netflix Inc. 2.25% 135,001 $120.3M Add +214187.3%
ENB Enbridge Inc. 2.00% 1,749,999 $106.8M Add +179.6%
CSCO Cisco Systems Inc. 1.95% 1,758,299 $104.1M Add +251.7%
AVGO Broadcom Inc. 1.84% 425,000 $98.5M Add +26.4%
MFC Manulife Financial Corp. 1.73% 2,100,000 $92.7M Add +320.0%
GOOG Alphabet Inc. Class C 1.36% 383,000 $72.9M Add +294.9%
PGR Progressive Corp. 1.08% 242,199 $58.0M Add +537.4%
WMT Walmart Inc. 1.08% 640,999 $57.9M Add +354.6%
PM Philip Morris International 1.07% 475,399 $57.2M Add +479.8%
GEV GE Vernova Inc. 1.07% 173,299 $57.0M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.05% 1,280,300 $56.3M Add +444.8%
INTU Intuit Inc. 1.05% 89,400 $56.2M Add +496.0%
GM General Motors Co. 0.97% 977,000 $52.0M Reduce -2.3%
JPM JPMorgan Chase & Co. 0.90% 200,000 $47.9M Add +0.0%
TMO Thermo Fisher Scientific Inc. 0.85% 86,999 $45.3M Reduce -3.3%
GE General Electric filed as GE AEROSPACE 0.81% 259,999 $43.4M Add +106.3%
PG The Procter & Gamble Co. 0.80% 254,009 $42.6M Add +136.4%
ORCL Oracle Corp. 0.76% 243,000 $40.5M New
ICE Intercontinental Exchange Inc. 0.64% 228,999 $34.1M New
COIN Coinbase Global Inc. Class A 0.63% 135,000 $33.5M New
CMCSA Comcast Corp. Class A 0.56% 799,999 $30.0M Add +60.0%
VRSK Verisk Analytics Inc. 0.52% 101,000 $27.8M New
MRK Merck & Co. Inc. 0.50% 270,000 $26.9M Add +28.6%
HON Honeywell International Inc. 0.50% 117,999 $26.7M New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.46% 202,300 $24.4M New
PNC PNC Financial Services Group 0.45% 125,000 $24.1M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.44% 213,435 $23.8M Add +1.0%
PFE Pfizer Inc. 0.43% 872,099 $23.1M New
PKG Packaging Corp. of America 0.41% 96,999 $21.8M New
XOM Exxon Mobil Corp. 0.38% 188,000 $20.2M New
MU Micron Technology Inc. 0.38% 239,999 $20.2M Add +159899.3%
FTI Technipfmc PLC 0.38% 697,699 $20.2M New
UNP Union Pacific Corp. 0.36% 84,999 $19.4M Reduce -15.0%
TSLA Tesla Inc. 0.32% 42,999 $17.4M No change
MRSH Marsh & McLennan Cos 0.30% 75,000 $15.9M New
AMAT Applied Materials Inc. 0.29% 95,000 $15.4M Add +68245.3%
BKNG Booking Holdings Inc. 0.24% 2,599 $12.9M Reduce -70.5%
GILD Gilead Sciences Inc. 0.24% 139,811 $12.9M Add +2.6%
FOX Fox Corp. Class B 0.21% 248,000 $11.3M Reduce -35.8%
STT State Street Corp. 0.21% 112,000 $11.0M No change
UNH Unitedhealth Group Inc. 0.20% 21,053 $10.7M Reduce -36.2%
LLYVK Liberty Media Corp.-Liberty-C 0.20% 156,000 $10.6M Add +609.1%
COP Conocophillips 0.19% 104,999 $10.4M Add +15.4%
XEL Xcel Energy Inc. 0.19% 149,999 $10.1M Add +120.6%
NRG NRG Energy Inc. 0.19% 111,999 $10.1M New
JNPR Juniper Networks Inc. 0.19% 268,000 $10.0M No change
LLY Eli Lilly & Co. 0.19% 13,000 $10.0M Reduce -55.2%
MA Mastercard Inc. Class A 0.19% 18,999 $10.0M New
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.19% 130,000 $10.0M New
HES Hess Corp. 0.19% 75,000 $10.0M No change
ELV Elevance Health Inc. 0.19% 27,000 $10.0M New
HCP Hashicorp Inc. Class A 0.19% 290,999 $10.0M Add +17.8%
RTX RTX Corp. 0.19% 85,999 $10.0M Reduce -54.3%
PENN Penn Entertainment Inc. 0.19% 499,999 $9.9M New
KDP Keurig Dr Pepper Inc. 0.18% 308,000 $9.9M New
PEP Pepsico Inc. 0.18% 64,999 $9.9M Add +16.1%
DHR Danaher Corp. 0.18% 43,000 $9.9M New
CMI Cummins Inc. 0.18% 28,000 $9.8M New
ABNB Airbnb Inc. Class A 0.18% 74,000 $9.7M New
SYK Stryker Corp. 0.18% 26,999 $9.7M New
JNJ Johnson & Johnson 0.18% 67,000 $9.7M Reduce -50.7%
LHX L3HARRIS Technologies Inc. 0.18% 45,999 $9.7M New
BMY Bristol-Myers Squibb Co. 0.18% 171,000 $9.7M Add +35.7%
LIN Linde PLC 0.18% 23,000 $9.6M New
ETN Eaton Corp. PLC 0.18% 28,999 $9.6M New
ABT Abbott Laboratories 0.18% 85,000 $9.6M New
ENTG Entegris Inc. 0.18% 96,999 $9.6M New
SRPT Sarepta Therapeutics Inc. 0.18% 79,000 $9.6M New
KO The Coca-Cola Co. 0.18% 153,999 $9.6M Reduce 0.0%
CME Cme Group Inc. 0.18% 40,999 $9.5M Add +162.8%
APLS Apellis Pharmaceuticals Inc. 0.18% 298,000 $9.5M New
WM Waste Management Inc. 0.18% 46,999 $9.5M Reduce 0.0%
FTV Fortive Corp. 0.18% 126,000 $9.4M New
ANSS Ansys Inc. 0.18% 27,999 $9.4M Reduce -15.2%
APH Amphenol Corp. Class A 0.18% 136,000 $9.4M Add +0.0%
LEN Lennar Corp. Class A 0.18% 71,999 $9.4M New
DASH DoorDash Inc. Class A 0.18% 55,999 $9.4M New
MTZ Mastec Inc. 0.18% 69,000 $9.4M New
NOC Northrop Grumman Corp. 0.18% 19,999 $9.4M Reduce 0.0%
CRM Salesforce Inc. 0.17% 28,000 $9.4M Reduce -27.5%
MSI Motorola Solutions Inc. 0.17% 20,000 $9.2M Reduce -73.3%
QCOM Qualcomm Inc. 0.17% 60,163 $9.2M Reduce -70.8%
APD Air Products & Chemicals Inc. 0.17% 30,999 $9.0M New
VLTO Veralto Corp. 0.17% 87,999 $9.0M Add +877.9%
LDOS Leidos Holdings Inc. 0.17% 61,999 $8.9M Reduce -3.1%
TDG Transdigm Group Inc. 0.17% 6,999 $8.9M Reduce -0.0%
ZBH Zimmer Biomet Holdings Inc. 0.16% 79,999 $8.5M New
MORN Morningstar Inc. 0.16% 24,999 $8.4M Reduce 0.0%
LMT Lockheed Martin Corp. 0.15% 16,999 $8.3M Reduce -0.0%
FICO Fair Isaac Corp. 0.15% 4,000 $8.0M New
NSC Norfolk Southern Corp. 0.14% 32,999 $7.7M Reduce 0.0%
FERG Ferguson Enterprises Inc. 0.14% 43,999 $7.6M Add +131.6%
C Citigroup Inc. 0.14% 107,000 $7.5M Add +82.4%
OTIS Otis Worldwide Corp. 0.12% 71,999 $6.7M New
FISV Fiserv Inc. 0.12% 31,999 $6.6M New
SSD Simpson Manufacturing Co. Inc. 0.12% 37,999 $6.3M Add +58.3%
ACHC Acadia Healthcare Co. Inc. 0.11% 152,000 $6.0M New
LNG Cheniere Energy Inc. 0.11% 28,000 $6.0M New
PH Parker Hannifin Corp. 0.11% 9,400 $6.0M Add +370.2%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.11% 69,999 $5.9M New
PHM Pultegroup Inc. 0.11% 54,000 $5.9M New
K Kellanova 0.10% 66,999 $5.4M Reduce 0.0%
KRG Kite Realty Group Trust 0.10% 204,000 $5.1M New
PCG P G & E Corp. 0.09% 249,999 $5.0M New
MRVL Marvell Technology Inc. 0.09% 45,000 $5.0M New
GDDY GoDaddy Inc. Class A 0.09% 24,999 $4.9M New
STE Steris PLC 0.09% 24,000 $4.9M New
TSN Tyson Foods Inc. Class A 0.09% 85,000 $4.9M Add +60.4%
BWXT BWX Technologies Inc. 0.09% 43,000 $4.8M New
AXP American Express Co. 0.09% 16,000 $4.7M New
SPR Spirit Aerosystems Hold Class A 0.09% 137,999 $4.7M Add +91.7%
TXT Textron Inc. 0.08% 57,000 $4.4M New
LRCX Lam Research Corp. 0.08% 57,000 $4.1M Reduce -82.8%
EME Emcor Group Inc. 0.08% 8,999 $4.1M New
POR Portland General Electric Co. 0.07% 91,999 $4.0M New
GPN Global Payments Inc. 0.07% 35,000 $3.9M Reduce -81.8%
BA The Boeing Co. 0.07% 21,041 $3.7M Add +421.3%
CFG Citizens Financial Group 0.07% 84,999 $3.7M New
ETSY Etsy Inc. 0.07% 68,999 $3.6M New
EQH Equitable Holdings Inc. 0.06% 70,999 $3.3M New
CRH CRH PLC 0.06% 36,000 $3.3M New
INTC Intel Corp. 0.06% 150,000 $3.0M Reduce -67.5%
LH Labcorp Holdings Inc. 0.06% 13,000 $3.0M Reduce -72.9%
WFC Wells Fargo & Co. 0.05% 40,999 $2.9M Reduce -77.5%
EHC Encompass Health Corp. 0.05% 29,999 $2.8M New
OVV Ovintiv Inc. 0.04% 59,400 $2.4M New
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.04% 31,956 $2.4M Reduce -63.5%
NUE Nucor Corp. 0.04% 20,000 $2.3M New
DTE DTE Energy Company 0.04% 16,999 $2.1M Reduce -0.0%
ANET Arista Networks Inc. 0.04% 18,000 $2.0M New
STLD Steel Dynamics Inc. 0.03% 14,999 $1.7M New
FDX FedEx Corp. 0.03% 5,999 $1.7M New
UHS Universal Health Services-B 0.03% 8,999 $1.6M New
TFC Truist Financial Corp. 0.02% 30,099 $1.3M New
GD General Dynamics Corp. 0.02% 3,900 $1.0M New
CI The Cigna Group 0.02% 3,000 $828K Reduce -89.3%
ROST Ross Stores Inc. 0.01% 3,000 $454K Reduce -89.7%
T AT&T Inc. 0.01% 15,178 $346K Reduce -57.4%
BYND Beyond Meat Inc. 0.00% 20,570 $77K Add +74.4%
MMM 3M Co. 0.00% 122 $16K Reduce -67.9%
NOW ServiceNow Inc. 0.00% 10 $11K New
ADBE Adobe Inc. 0.00% 22 $10K Reduce -100.0%
CCL Carnival Corp. 0.00% 311 $8K New
CRWD CrowdStrike Holdings Inc. Class A 0.00% 21 $7K Reduce -95.8%
SHOP Shopify Inc. Class A 0.00% 25 $3K Reduce -100.0%
DDOG Datadog Inc. Class A 0.00% 15 $2K Reduce -100.0%
QQQ Invesco QQQ Trust Series 1 0.00% 1 $511 No change

Options reported separately and not counted above: META puts ($110.1M), NVDA puts ($91.3M), TSM puts ($80.6M), TSLA puts ($46.4M), TSLA calls ($37.6M), NVDA calls ($36.9M), QCOM puts ($23.0M), META calls ($20.5M), AMZN puts ($18.6M), CCL puts ($16.8M), AMD puts ($15.7M), AMD calls ($10.9M), and 16 more.

Portfolio Sells Q3 2024 → Q4 2024
TD Toronto-Dominion Bank Sold out 0.00% −4.73
SHOP Shopify Inc. Class A Reduce -100.0% 0.00% −3.77
BMO Bank of Montreal Sold out 0.00% −2.50
HD Home Depot Inc. Sold out 0.00% −2.34
RY Royal Bank of Canada Sold out 0.00% −1.87
MDLZ Mondelez International Inc. Class A Sold out 0.00% −1.81
WPM Wheaton Precious Metals Corp. Sold out 0.00% −1.69
APTV Aptiv Irish Holdings Ltd. Sold out 0.00% −1.68
TMO Thermo Fisher Scientific Inc. Reduce -3.3% 0.85% −1.43
MAR Marriott International Class A Sold out 0.00% −1.38
BAM Brookfield Asset Mgmt-A Sold out 0.00% −1.31
BKNG Booking Holdings Inc. Reduce -70.5% 0.24% −1.28
BDX Becton Dickinson and Co. Sold out 0.00% −1.26
QCOM Qualcomm Inc. Reduce -70.8% 0.17% −1.26
MSI Motorola Solutions Inc. Reduce -73.3% 0.17% −1.21
ADBE Adobe Inc. Reduce -100.0% 0.00% −1.18
SBUX Starbucks Corp. Sold out 0.00% −1.13
CTAS Cintas Corp. Sold out 0.00% −0.98
TRI Thomson Reuters Corp. Sold out 0.00% −0.94
LLY Eli Lilly & Co. Reduce -55.2% 0.19% −0.86
GM General Motors Co. Reduce -2.3% 0.97% −0.86
ECL Ecolab Inc. Sold out 0.00% −0.76
RTX RTX Corp. Reduce -54.3% 0.19% −0.75
CL Colgate-Palmolive Co. Sold out 0.00% −0.74
GPN Global Payments Inc. Reduce -81.8% 0.07% −0.73
JNJ Johnson & Johnson Reduce -50.7% 0.18% −0.72
GS Goldman Sachs Group Inc. Sold out 0.00% −0.69
UNP Union Pacific Corp. Reduce -15.0% 0.36% −0.65
UNH Unitedhealth Group Inc. Reduce -36.2% 0.20% −0.59
GIL Gildan Activewear Inc. Sold out 0.00% −0.47
A Agilent Technologies Inc. Sold out 0.00% −0.43
ORLY O'reilly Automotive Inc. Sold out 0.00% −0.42
CTLT Catalent Inc. Sold out 0.00% −0.42
ADP Automatic Data Processing Sold out 0.00% −0.41
HUM Humana Inc. Sold out 0.00% −0.40
FOX Fox Corp. Class B Reduce -35.8% 0.21% −0.40
VRTX Vertex Pharmaceuticals Inc. Sold out 0.00% −0.40
INTC Intel Corp. Reduce -67.5% 0.06% −0.39
LH Labcorp Holdings Inc. Reduce -72.9% 0.06% −0.38
CI The Cigna Group Reduce -89.3% 0.02% −0.38
WFC Wells Fargo & Co. Reduce -77.5% 0.05% −0.37
DDOG Datadog Inc. Class A Reduce -100.0% 0.00% −0.35
EW Edwards Lifesciences Corp. Sold out 0.00% −0.34
PNW Pinnacle West Capital Sold out 0.00% −0.33
EL Estee Lauder Companies Class A Reduce -63.5% 0.04% −0.31
KO The Coca-Cola Co. Reduce 0.0% 0.18% −0.27
LDOS Leidos Holdings Inc. Reduce -3.1% 0.17% −0.26
CRM Salesforce Inc. Reduce -27.5% 0.17% −0.26
NOC Northrop Grumman Corp. Reduce 0.0% 0.18% −0.26
ADI Analog Devices Inc. Sold out 0.00% −0.25

Portfolio Buys Q3 2024 → Q4 2024
MSFT Microsoft Corp. Add +3834.0% 10.01% +9.44
NVDA Nvidia Corp. Add +577.9% 12.54% +8.88
AAPL Apple Inc. Add +3918.7% 8.47% +8.04
AMZN Amazon.com Inc. Add +996.5% 7.40% +6.14
GOOGL Alphabet Inc. Class A Add +405.9% 7.23% +4.49
NFLX Netflix Inc. Add +214187.3% 2.25% +2.25
GEV GE Vernova Inc. New 1.07% +1.07
MFC Manulife Financial Corp. Add +320.0% 1.73% +0.92
CSCO Cisco Systems Inc. Add +251.7% 1.95% +0.86
ORCL Oracle Corp. New 0.76% +0.76
GOOG Alphabet Inc. Class C Add +294.9% 1.36% +0.70
PGR Progressive Corp. Add +537.4% 1.08% +0.69
BAC Bank of America Corp. Add +444.8% 1.05% +0.67
INTU Intuit Inc. Add +496.0% 1.05% +0.67
PM Philip Morris International Add +479.8% 1.07% +0.66
ICE Intercontinental Exchange Inc. New 0.64% +0.64
COIN Coinbase Global Inc. Class A New 0.63% +0.63
WMT Walmart Inc. Add +354.6% 1.08% +0.62
ENB Enbridge Inc. Add +179.6% 2.00% +0.59
VRSK Verisk Analytics Inc. New 0.52% +0.52
HON Honeywell International Inc. New 0.50% +0.50
TJX TJX Companies Inc. New 0.46% +0.46
PNC PNC Financial Services Group New 0.45% +0.45
PFE Pfizer Inc. New 0.43% +0.43
PKG Packaging Corp. of America New 0.41% +0.41
XOM Exxon Mobil Corp. New 0.38% +0.38
FTI Technipfmc PLC New 0.38% +0.38
MU Micron Technology Inc. Add +159899.3% 0.38% +0.38
MRSH Marsh & McLennan Cos New 0.30% +0.30
AMAT Applied Materials Inc. Add +68245.3% 0.29% +0.29
NRG NRG Energy Inc. New 0.19% +0.19
MA Mastercard Inc. Class A New 0.19% +0.19
BNY Bank of New York Mellon Corp. New 0.19% +0.19
ELV Elevance Health Inc. New 0.19% +0.19
PENN Penn Entertainment Inc. New 0.19% +0.19
KDP Keurig Dr Pepper Inc. New 0.18% +0.18
DHR Danaher Corp. New 0.18% +0.18
CMI Cummins Inc. New 0.18% +0.18
ABNB Airbnb Inc. Class A New 0.18% +0.18
SYK Stryker Corp. New 0.18% +0.18
LHX L3HARRIS Technologies Inc. New 0.18% +0.18
LIN Linde PLC New 0.18% +0.18
ETN Eaton Corp. PLC New 0.18% +0.18
ABT Abbott Laboratories New 0.18% +0.18
ENTG Entegris Inc. New 0.18% +0.18
SRPT Sarepta Therapeutics Inc. New 0.18% +0.18
APLS Apellis Pharmaceuticals Inc. New 0.18% +0.18
FTV Fortive Corp. New 0.18% +0.18
LEN Lennar Corp. Class A New 0.18% +0.18
DASH DoorDash Inc. Class A New 0.18% +0.18

Options Activity Q3 2024 → Q4 2024
META Meta Platforms Inc. Class A put Add +46.9% 188,000 $110.1M
NVDA Nvidia Corp. put Add +56.3% 680,000 $91.3M
TSM Taiwan Semiconductor-SP ADR put Add +114.3% 75,000 $80.6M
TSLA Tesla Inc. put Add +666.7% 115,000 $46.4M
TSLA Tesla Inc. call Add +69.1% 93,000 $37.6M
NVDA Nvidia Corp. call Add +14.6% 275,000 $36.9M
AMZN Amazon.com Inc. put Add +54.5% 85,000 $18.6M
CCL Carnival Corp. put New 675,000 $16.8M
AMD Advanced Micro Devices put Add +44.4% 130,000 $15.7M
AMD Advanced Micro Devices call Add +50.0% 90,000 $10.9M
DELL Dell Technologies -C put New 85,000 $9.8M
AAL American Airlines Group Inc. put New 550,000 $9.6M
AMZN Amazon.com Inc. call New 30,000 $6.6M
XYZ Block Inc. put Add +16.7% 70,000 $5.9M
GOOGL Alphabet Inc. Class A put New 30,000 $5.7M
TTD Trade Desk Inc./the Class A put New 40,000 $4.7M
ENPH Enphase Energy Inc. call New 50,000 $3.4M
MSFT Microsoft Corp. put Reduce -75.0% 5,000 $2.1M
ARM Arm Holdings PLC-ADR put Sold out 10,000 $1.4Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 575$9.5BAAPL, META, MSFT, GOOGL, AVGO
Q1 2026 551$6.7BNVDA, AAPL, AVGO, GOOGL, MU
Q4 2025 564$8.6BNVDA, AAPL, META, MSFT, AVGO
Q3 2025 543$4.0BNVDA, META, AVGO, MSFT, HON
Q2 2025Amended 523$2.2BMSFT, MFC, NVDA, HON, META
Q1 2025 103$3.9BNVDA, META, MSFT, AAPL, AMZN
Q4 2024 153$5.3BNVDA, META, MSFT, AAPL, AMZN
Q3 2024 132$2.4BMETA, TD, SHOP, NVDA, GOOGL
Q2 2024 112$2.2BV, GOOGL, SHOP, AVGO, JPM
Q1 2024 62$1.1BV, META, QCOM, TSLA, AMZN