Neuberger Berman Group LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Neuberger Berman Group LLC reported 1,942 stock positions worth $119.3 billion. Its top holding was Microsoft (MSFT) at 3.6% of the portfolio, followed by Apple (AAPL, 3.1%) and Amazon.com (AMZN, 2.7%). Compared with Q4 2024, it opened 156 new positions, sold out of 112, added to 900 and reduced 815. The biggest buy was Abbott Laboratories (ABT, shares +49%) and the biggest sale Nvidia (NVDA, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001465109
- Portfolio Value
- $119.3B (Q1 2025)
- SEC Filing
- 0001415889-25-012711 ↗ filed May 13, 2025
Holdings Value
Holdings 1,942 stocks · $119.3B
| MSFT Microsoft Corp. | 3.61% | 11,457,484 | $4.3B | Reduce -2.7% |
| AAPL Apple Inc. | 3.11% | 16,682,672 | $3.7B | Reduce -2.1% |
| AMZN Amazon.com Inc. | 2.66% | 16,644,016 | $3.2B | Add +0.8% |
| NVDA Nvidia Corp. | 2.37% | 26,070,202 | $2.8B | Reduce -3.5% |
| JPM JPMorgan Chase & Co. | 1.82% | 8,843,276 | $2.2B | Reduce -2.9% |
| GOOGL Alphabet Inc. Class A | 1.32% | 10,165,055 | $1.6B | Add +12.3% |
| GOOG Alphabet Inc. Class C | 1.18% | 9,043,698 | $1.4B | Reduce -2.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.10% | 2,453,515 | $1.3B | Reduce -1.3% |
| TMUS T-Mobile US Inc. | 1.09% | 4,878,224 | $1.3B | Reduce -10.6% |
| LLY Eli Lilly & Co. | 1.05% | 1,518,296 | $1.3B | Add +4.2% |
| META Meta Platforms Inc. Class A | 0.98% | 2,038,312 | $1.2B | Add +5.0% |
| HD Home Depot Inc. | 0.98% | 3,186,016 | $1.2B | Add +5.7% |
| V Visa Inc. Class A | 0.83% | 2,822,722 | $989.2M | Reduce -3.1% |
| NEE Nextera Energy Inc. | 0.79% | 13,288,310 | $942.0M | Reduce -11.7% |
| COST Costco Wholesale Corp. | 0.74% | 939,014 | $887.6M | Reduce -4.0% |
| IVV iShares Core S&P 500 ETF | 0.73% | 1,554,663 | $873.6M | Add +0.8% |
| XOM Exxon Mobil Corp. | 0.72% | 7,180,794 | $853.5M | Reduce -4.9% |
| AON Aon PLC Class A | 0.71% | 2,136,107 | $852.5M | Add +0.6% |
| MA Mastercard Inc. Class A | 0.70% | 1,523,877 | $834.8M | Reduce -0.5% |
| SPGI S&P Global Inc. | 0.68% | 1,606,264 | $816.0M | Reduce -4.5% |
| JNJ Johnson & Johnson | 0.66% | 4,730,340 | $784.1M | Reduce -13.2% |
| AVGO Broadcom Inc. | 0.64% | 4,539,030 | $760.1M | Add +14.4% |
| ORCL Oracle Corp. | 0.64% | 5,434,278 | $759.8M | Add +18.0% |
| MSI Motorola Solutions Inc. | 0.58% | 1,574,333 | $689.2M | Reduce -4.5% |
| DHR Danaher Corp. | 0.57% | 3,313,908 | $679.6M | Add +13.2% |
| CVX Chevron Corp. | 0.56% | 4,014,902 | $671.5M | Add +12.3% |
| CME Cme Group Inc. | 0.55% | 2,494,017 | $661.7M | Add +12.1% |
| ADI Analog Devices Inc. | 0.52% | 3,055,357 | $616.2M | Reduce -7.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.51% | 925,149 | $613.3M | Reduce -3.9% |
| TRGP Targa Resources Corp. | 0.50% | 2,983,671 | $598.1M | Add +0.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.49% | 4,806,057 | $585.4M | Reduce -0.8% |
| MCD McDonald's Corp. | 0.49% | 1,860,301 | $581.1M | Reduce -13.7% |
| ABT Abbott Laboratories | 0.48% | 4,337,753 | $575.1M | Add +49.3% |
| WMB Williams Cos Inc. | 0.48% | 9,491,824 | $567.2M | Add +20.3% |
| FISV Fiserv Inc. | 0.47% | 2,552,559 | $563.7M | Reduce -5.7% |
| BX Blackstone Inc. | 0.46% | 3,903,171 | $545.6M | Add +0.8% |
| PGR Progressive Corp. | 0.45% | 1,917,986 | $542.2M | Reduce -22.7% |
| LNG Cheniere Energy Inc. | 0.45% | 2,340,550 | $541.6M | Reduce -4.5% |
| EOG EOG Resources Inc. | 0.45% | 4,185,283 | $536.5M | Add +27.6% |
| PM Philip Morris International | 0.44% | 3,346,103 | $530.7M | Add +34.8% |
| EPD Enterprise Products Partners | 0.44% | 15,465,755 | $528.0M | Add +3.1% |
| GE General Electric filed as GE AEROSPACE | 0.44% | 2,631,465 | $526.7M | Reduce -0.3% |
| ETN Eaton Corp. PLC | 0.43% | 1,897,371 | $515.8M | Add +11.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.43% | 12,317,761 | $514.2M | Add +11.9% |
| UNP Union Pacific Corp. | 0.43% | 2,146,374 | $507.1M | Reduce -15.2% |
| TXN Texas Instruments Inc. | 0.42% | 2,779,472 | $499.5M | Add +22.9% |
| VRSK Verisk Analytics Inc. | 0.41% | 1,652,392 | $491.8M | Add +4.5% |
| UBER Uber Technologies Inc. | 0.41% | 6,635,272 | $483.4M | Reduce -2.1% |
| WFC Wells Fargo & Co. | 0.40% | 6,587,173 | $473.0M | Add +5.4% |
| NFLX Netflix Inc. | 0.39% | 504,612 | $470.6M | Add +4.1% |
| APH Amphenol Corp. Class A | 0.39% | 7,112,553 | $466.5M | Reduce -13.3% |
| UNH Unitedhealth Group Inc. | 0.38% | 869,125 | $455.0M | Reduce -30.9% |
| PG The Procter & Gamble Co. | 0.38% | 2,659,835 | $453.1M | Reduce -1.3% |
| WMT Walmart Inc. | 0.37% | 5,048,481 | $443.0M | Reduce -29.0% |
| AZN Astrazeneca PLC-Spons ADR | 0.37% | 6,009,004 | $441.7M | Add +5.6% |
| ACN Accenture PLC Class A | 0.37% | 1,415,837 | $441.5M | Reduce -3.2% |
| TMO Thermo Fisher Scientific Inc. | 0.37% | 884,159 | $440.0M | Reduce -24.1% |
| CRM Salesforce Inc. | 0.35% | 1,566,129 | $420.3M | Reduce -18.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.35% | 1,661,933 | $413.1M | Reduce -21.9% |
| MDT Medtronic PLC | 0.34% | 4,479,969 | $402.8M | Add +5.4% |
| KD Kyndryl Holdings Inc. | 0.34% | 12,724,952 | $400.7M | Add +11.7% |
| NOW ServiceNow Inc. | 0.33% | 497,443 | $396.0M | Reduce -1.0% |
| BSX Boston Scientific Corp. | 0.33% | 3,916,941 | $395.1M | Reduce -2.6% |
| INTU Intuit Inc. | 0.33% | 643,035 | $394.6M | Reduce -28.5% |
| GS Goldman Sachs Group Inc. | 0.32% | 695,256 | $379.8M | Reduce -7.2% |
| APO Apollo Global Management Inc. | 0.32% | 2,757,459 | $377.6M | Add +2.6% |
| VOO Vanguard S&P 500 ETF | 0.32% | 732,330 | $376.4M | Reduce -1.3% |
| FE Firstenergy Corp. | 0.31% | 9,091,296 | $367.4M | Add +1.5% |
| PNC PNC Financial Services Group | 0.30% | 2,068,528 | $363.4M | Reduce -9.8% |
| LIN Linde PLC | 0.30% | 760,871 | $354.3M | Add +4.1% |
| CAT Caterpillar Inc. | 0.29% | 1,051,592 | $346.9M | Reduce -2.1% |
| CNP Centerpoint Energy Inc. | 0.29% | 9,457,641 | $342.6M | Reduce -14.8% |
| GDDY GoDaddy Inc. Class A | 0.28% | 1,883,395 | $339.3M | Add +23.4% |
| MCO Moody's Corp. | 0.28% | 722,525 | $336.5M | Reduce -3.1% |
| AVY Avery Dennison Corp. | 0.28% | 1,875,917 | $333.8M | Reduce -7.4% |
| CSCO Cisco Systems Inc. | 0.27% | 5,251,346 | $324.1M | Add +23.7% |
| BLK BlackRock Inc. | 0.27% | 340,564 | $322.3M | Reduce -14.1% |
| CHE Chemed Corp. | 0.27% | 521,212 | $320.7M | Add +3.9% |
| DUK Duke Energy Corp. | 0.27% | 2,616,367 | $318.9M | Reduce -12.0% |
| CL Colgate-Palmolive Co. | 0.26% | 3,374,783 | $315.8M | Add +0.8% |
| KR Kroger Co. | 0.26% | 4,610,227 | $311.6M | Reduce -5.8% |
| AMT American Tower Corp. | 0.26% | 1,418,745 | $308.7M | Reduce -7.5% |
| COO The Cooper Cos Inc. | 0.26% | 3,608,798 | $304.4M | Add +41.6% |
| AEM Agnico Eagle Mines Ltd. | 0.25% | 2,806,512 | $303.9M | Reduce -5.0% |
| CHD Church & Dwight Co. Inc. | 0.25% | 2,724,278 | $299.9M | Reduce -2.5% |
| FICO Fair Isaac Corp. | 0.25% | 162,387 | $299.5M | Reduce -12.8% |
| ET Energy Transfer LP | 0.25% | 16,064,685 | $298.6M | Add +0.5% |
| AIG American International Group | 0.25% | 3,425,482 | $297.5M | Add +2.2% |
| ZTS Zoetis Inc. | 0.25% | 1,804,179 | $297.1M | Reduce -6.2% |
| CDW CDW Corp. | 0.25% | 1,847,697 | $296.1M | Reduce -9.7% |
| CSX CSX Corp. | 0.25% | 9,940,578 | $292.7M | Reduce -26.5% |
| ABBV Abbvie Inc. | 0.24% | 1,373,058 | $287.7M | Reduce -7.5% |
| WSO Watsco Inc. | 0.24% | 559,574 | $284.4M | Reduce -6.1% |
| RBC RBC Bearings Inc. | 0.24% | 881,959 | $283.8M | Reduce -14.6% |
| EQT Eqt Corp. | 0.23% | 5,191,780 | $277.4M | Add +10.3% |
| RTX RTX Corp. | 0.23% | 2,093,573 | $277.3M | Add +7.1% |
| WPM Wheaton Precious Metals Corp. | 0.23% | 3,580,064 | $277.0M | Add +0.5% |
| REGN Regeneron Pharmaceuticals | 0.23% | 436,508 | $276.8M | Reduce -5.6% |
| HAE Haemonetics Corp. | 0.23% | 4,348,362 | $276.4M | Reduce -1.6% |
| BMY Bristol-Myers Squibb Co. | 0.23% | 4,517,754 | $275.5M | Add +70.4% |
Options reported separately and not counted above: GDX calls ($6.6M), IWM puts ($1.6M), LW calls ($1.1M), BMRN calls ($957K), SPY puts ($817K), QQQ puts ($729K).
Other holdings (24): bonds, preferreds, convertibles and warrants · $92.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 560,375 | $27.5M | New |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 172,019 | $7.7M | Reduce -1.4% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 6,910,000 | $6.4M | Add +4.1% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 100,275 | $6.0M | Add +80.7% |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 6,125,000 | $5.8M | Add +5.6% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 64,963 | $4.7M | Add +7.7% |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | 262,521 | $4.5M | New |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 4,850,000 | $4.5M | Add +99.6% |
| PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) | 6.3 CUM PFD SR F | 220,163 | $3.9M | New |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 3,885,000 | $3.7M | Reduce -9.0% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 2,638 | $3.3M | Reduce -5.1% |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 67,500 | $3.3M | Add +4.2% |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 3,205,000 | $3.0M | Add +23.8% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 2,092 | $2.5M | Reduce -2.1% |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 1,920,000 | $1.8M | Add +11.6% |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 1,523,582 | $1.7M | Reduce -16.6% |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 27,527 | $1.1M | Add +5.1% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 5,000 | $420K | New |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 50,000 | $49K | No change |
| SUNRUN INC (RUN 0 02/01/26) | NOTE 2/0 · principal | 20,000 | $19K | No change |
| ARKOW Arko Corp. -CW25 | *W EXP 12/22/202 | 321,520 | $18K | Reduce -10.6% |
| LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) | DEB 4.000%11/1 · principal | 36,799 | $10K | No change |
| SLXNW Biomotion Sciences-CW29 | *W EXP 08/15/202 | 31,552 | $2K | No change |
| MAPSW WM Technology Inc.-CW24 | *W EXP 06/16/202 | 32,468 | $828 | No change |
Total filed on the 13F, all lines: $119.4B.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -3.5% | 2.37% | −0.51 |
| MSFT Microsoft Corp. | Reduce -2.7% | 3.61% | −0.34 |
| AAPL Apple Inc. | Reduce -2.1% | 3.11% | −0.28 |
| GOOG Alphabet Inc. Class C | Reduce -2.7% | 1.18% | −0.22 |
| CRM Salesforce Inc. | Reduce -18.6% | 0.35% | −0.16 |
| WMT Walmart Inc. | Reduce -29.0% | 0.37% | −0.14 |
| ANET Arista Networks Inc. | Reduce -46.1% | 0.09% | −0.14 |
| NSC Norfolk Southern Corp. | Reduce -66.8% | 0.07% | −0.13 |
| UNH Unitedhealth Group Inc. | Reduce -30.9% | 0.38% | −0.12 |
| INTU Intuit Inc. | Reduce -28.5% | 0.33% | −0.12 |
| SRE Sempra | Reduce -29.1% | 0.18% | −0.12 |
| AMD Advanced Micro Devices | Reduce -64.3% | 0.05% | −0.12 |
| TMO Thermo Fisher Scientific Inc. | Reduce -24.1% | 0.37% | −0.11 |
| CSX CSX Corp. | Reduce -26.5% | 0.25% | −0.10 |
| FCN Fti Consulting Inc. | Reduce -99.6% | 0.00% | −0.10 |
| MANH Manhattan Associates Inc. | Reduce -0.9% | 0.20% | −0.10 |
| VZ Verizon Communications Inc. | Reduce -90.8% | 0.01% | −0.10 |
| SPG Simon Property Group Inc. | Reduce -54.5% | 0.08% | −0.09 |
| NOW ServiceNow Inc. | Reduce -1.0% | 0.33% | −0.09 |
| DESP Despegar.com Corp. | Reduce -97.9% | 0.00% | −0.08 |
| GTLS Chart Industries Inc. | Reduce -25.6% | 0.12% | −0.08 |
| QCOM Qualcomm Inc. | Reduce -32.8% | 0.19% | −0.08 |
| PYPL PayPal Holdings Inc. | Reduce -92.5% | 0.01% | −0.08 |
| VST Vistra Corp. | Reduce -18.4% | 0.21% | −0.08 |
| KDP Keurig Dr Pepper Inc. | Reduce -62.6% | 0.05% | −0.07 |
| MRVL Marvell Technology Inc. | Reduce -68.7% | 0.02% | −0.07 |
| NEE Nextera Energy Inc. | Reduce -11.7% | 0.79% | −0.07 |
| LVS Las Vegas Sands Corp. | Reduce -13.0% | 0.15% | −0.07 |
| SPSC SPS Commerce Inc. | Reduce -4.4% | 0.18% | −0.07 |
| PFE Pfizer Inc. | Reduce -61.3% | 0.04% | −0.06 |
| APH Amphenol Corp. Class A | Reduce -13.3% | 0.39% | −0.06 |
| CDNS Cadence Design SYS Inc. | Reduce -67.7% | 0.02% | −0.06 |
| CSW CSW Industrials Inc. | Reduce -22.3% | 0.13% | −0.06 |
| DELL Dell Technologies -C | Reduce -96.2% | 0.00% | −0.06 |
| TECH Bio-Techne Corp. | Reduce -15.5% | 0.15% | −0.06 |
| KEX Kirby Corp. | Reduce -21.6% | 0.21% | −0.06 |
| PSA Public Storage | Reduce -26.8% | 0.18% | −0.05 |
| VERX Vertex Inc. Class A | Reduce -7.7% | 0.10% | −0.05 |
| NEM Newmont Corp. | Reduce -88.0% | 0.01% | −0.05 |
| BLK BlackRock Inc. | Reduce -14.1% | 0.27% | −0.05 |
| VMRK Vivmark Residential | Reduce -86.9% | 0.01% | −0.05 |
| LMT Lockheed Martin Corp. | Reduce -30.3% | 0.11% | −0.05 |
| UTZ Utz Brands Inc. | Reduce -95.9% | 0.00% | −0.05 |
| WDC Western Digital Corp. | Reduce -53.0% | 0.02% | −0.05 |
| EVR Evercore Inc. Class A | Reduce -96.7% | 0.00% | −0.05 |
| NVT Nvent Electric PLC | Reduce -10.0% | 0.13% | −0.05 |
| KAI Kadant Inc. | Reduce -25.6% | 0.16% | −0.05 |
| ONTO Onto Innovation Inc. | Reduce -58.2% | 0.02% | −0.05 |
| PNC PNC Financial Services Group | Reduce -9.8% | 0.30% | −0.05 |
| CMI Cummins Inc. | Reduce -22.1% | 0.13% | −0.05 |
Portfolio Buys Q4 2024 → Q1 2025
| ABT Abbott Laboratories | Add +49.3% | 0.48% | +0.22 |
| PM Philip Morris International | Add +34.8% | 0.44% | +0.21 |
| INTC Intel Corp. | Add +1091.1% | 0.21% | +0.20 |
| LLY Eli Lilly & Co. | Add +4.2% | 1.05% | +0.16 |
| CVX Chevron Corp. | Add +12.3% | 0.56% | +0.15 |
| CME Cme Group Inc. | Add +12.1% | 0.55% | +0.14 |
| WMB Williams Cos Inc. | Add +20.3% | 0.48% | +0.14 |
| EOG EOG Resources Inc. | Add +27.6% | 0.45% | +0.13 |
| BMY Bristol-Myers Squibb Co. | Add +70.4% | 0.23% | +0.11 |
| HOOD Robinhood Markets Inc. Class A | Add +693.7% | 0.12% | +0.11 |
| AON Aon PLC Class A | Add +0.6% | 0.71% | +0.11 |
| BA The Boeing Co. | Add +519.1% | 0.12% | +0.10 |
| DE Deere & Co. | Add +264.0% | 0.12% | +0.10 |
| PAYX Paychex Inc. | Add +117.6% | 0.16% | +0.09 |
| SCHW Schwab (charles) Corp. | Add +67.5% | 0.19% | +0.09 |
| COR Cencora Inc. | Add +27.8% | 0.21% | +0.08 |
| DGX Quest Diagnostics Inc. | Add +868.3% | 0.09% | +0.08 |
| META Meta Platforms Inc. Class A | Add +5.0% | 0.98% | +0.08 |
| TXN Texas Instruments Inc. | Add +22.9% | 0.42% | +0.08 |
| TRGP Targa Resources Corp. | Add +0.7% | 0.50% | +0.08 |
| CP Canadian Pacific Kansas City | Add +106.7% | 0.15% | +0.08 |
| PSX Phillips 66 | Add +209.0% | 0.11% | +0.08 |
| SRLN SS Blackstone Sr Loan ETF | Add +309.5% | 0.10% | +0.08 |
| AZN Astrazeneca PLC-Spons ADR | Add +5.6% | 0.37% | +0.07 |
| WPM Wheaton Precious Metals Corp. | Add +0.5% | 0.23% | +0.07 |
| CSCO Cisco Systems Inc. | Add +23.7% | 0.27% | +0.07 |
| BABA Alibaba Group Holding-SP ADR | Add +19.1% | 0.15% | +0.07 |
| COO The Cooper Cos Inc. | Add +41.6% | 0.26% | +0.07 |
| EPD Enterprise Products Partners | Add +3.1% | 0.44% | +0.07 |
| MDT Medtronic PLC | Add +5.4% | 0.34% | +0.07 |
| DTM DT Midstream Inc. | Add +50.0% | 0.19% | +0.07 |
| VRSK Verisk Analytics Inc. | Add +4.5% | 0.41% | +0.07 |
| BRC Brady Corporation Class A | Add +196.6% | 0.10% | +0.06 |
| GILD Gilead Sciences Inc. | Add +189.7% | 0.08% | +0.06 |
| EQT Eqt Corp. | Add +10.3% | 0.23% | +0.06 |
| CHE Chemed Corp. | Add +3.9% | 0.27% | +0.06 |
| AIG American International Group | Add +2.2% | 0.25% | +0.06 |
| LIN Linde PLC | Add +4.1% | 0.30% | +0.05 |
| EPAC Enerpac Tool Group Corp. | Add +51.3% | 0.12% | +0.05 |
| RTX RTX Corp. | Add +7.1% | 0.23% | +0.05 |
| SCCO Southern Copper Corp. | Add +23.5% | 0.21% | +0.05 |
| NFLX Netflix Inc. | Add +4.1% | 0.39% | +0.05 |
| XLV SS Health Care Select Sector | Add +87.7% | 0.10% | +0.05 |
| CIGI Colliers Intl GR-Subord Vot | Add +80.3% | 0.12% | +0.05 |
| BKR Baker Hughes Co. | Add +28.0% | 0.16% | +0.05 |
| WLY Wiley (john) & Sons Class A | Add +8645.4% | 0.05% | +0.05 |
| UGI Ugi Corp. | Add +91.5% | 0.08% | +0.05 |
| WFC Wells Fargo & Co. | Add +5.4% | 0.40% | +0.05 |
| VSEC Vse Corp. | Add +100.5% | 0.08% | +0.05 |
| KO The Coca-Cola Co. | Add +10.8% | 0.18% | +0.05 |
Options Activity Q4 2024 → Q1 2025
| GDX Vaneck Gold Miners ETF | call | Add +266.7% | 11,000 | $6.6M |
| PLTR Palantir Technologies Inc. Class A | call | Sold out | 600 | $2.2Mbefore exit |
| IWM iShares Russell 2000 ETF | put | New | 2,378 | $1.6M |
| MTCH Match Group Inc. | call | Sold out | 11,040 | $1.1Mbefore exit |
| LW Lamb Weston Holdings Inc. | call | New | 2,000 | $1.1M |
| BMRN Biomarin Pharmaceutical Inc. | call | Add +30.4% | 2,899 | $957K |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 743 | $817K |
| QQQ Invesco QQQ Trust Series 1 | put | Add +106.3% | 660 | $729K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | New | 560,375 | $27.5M |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | Sold out | 9,000,000 | $9.4Mbefore exit |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | Reduce -1.4% | 172,019 | $7.7M |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Add +4.1% | 6,910,000 | $6.4M |
| INFINERA CORP (INFN 2.5 03/01/27) | NOTE 2.500% 3/0 · principal | Sold out | 5,696,000 | $6.3Mbefore exit |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +80.7% | 100,275 | $6.0M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Add +5.6% | 6,125,000 | $5.8M |
| CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) | NOTE 0.625% 6/1 · principal | Sold out | 5,865,000 | $5.5Mbefore exit |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Add +7.7% | 64,963 | $4.7M |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | New | 262,521 | $4.5M |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | Add +99.6% | 4,850,000 | $4.5M |
| PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) | 6.3 CUM PFD SR F | New | 220,163 | $3.9M |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | Reduce -9.0% | 3,885,000 | $3.7M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -5.1% | 2,638 | $3.3M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Add +4.2% | 67,500 | $3.3M |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | Add +23.8% | 3,205,000 | $3.0M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -2.1% | 2,092 | $2.5M |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | Add +11.6% | 1,920,000 | $1.8M |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Reduce -16.6% | 1,523,582 | $1.7M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Add +5.1% | 27,527 | $1.1M |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | New | 5,000 | $420K |
| ETWOW E2OPEN Parent Ho -CW25 | *W EXP 02/04/202 | Sold out | 10,140,000 | $152Kbefore exit |
| ARKOW Arko Corp. -CW25 | *W EXP 12/22/202 | Reduce -10.6% | 321,520 | $18K |
| INNOVID CORP | *W EXP 11/30/202 | Sold out | 23,664 | $3Kbefore exit |
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 | 2,266 | $149.8B | NVDA, AAPL, AMZN, MSFT, GOOGL |
| Q1 2026 | 2,138 | $131.3B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q4 2025 | 2,082 | $134.2B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q3 2025 | 2,007 | $136.7B | MSFT, NVDA, AAPL, AMZN, JPM |
| Q2 2025Amended | 2,023 | $129.9B | MSFT, NVDA, AMZN, AAPL, JPM |
| Q1 2025 | 1,942 | $119.3B | MSFT, AAPL, AMZN, NVDA, JPM |
| Q4 2024 | 1,896 | $125.9B | MSFT, AAPL, NVDA, AMZN, JPM |
| Q3 2024 | 1,896 | $128.1B | MSFT, AAPL, NVDA, AMZN, JPM |
| Q2 2024Amended | 1,869 | $121.8B | MSFT, AAPL, NVDA, AMZN, JPM |
| Q1 2024Amended | 1,796 | $120.9B | MSFT, AMZN, AAPL, NVDA, JPM |