NFJ Investment Group, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), NFJ Investment Group, LLC reported 282 stock positions worth $3.0 billion. Its top holding was Nextera Energy (NEE) at 2.7% of the portfolio, followed by Eversource Energy (ES, 2.2%) and Rexford Industrial Realty (REXR, 2.2%). Compared with Q4 2024, it opened 34 new positions, sold out of 21, added to 48 and reduced 151. The biggest buy was Prologis (PLD, shares +296%) and the biggest sale Domino's Pizza (DPZ, shares −100%).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001862664
Portfolio Value
$3.0B (Q1 2025)
SEC Filing
0000019481-25-000012 ↗ filed May 15, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $3.7B Q1 2024 Q2 2024: $3.3B Q2 2024 Q3 2024: $3.4B Q3 2024 Q4 2024: $3.1B Q4 2024 Q1 2025: $3.0B $3.0B Q1 2025 Q2 2025: $2.9B Q2 2025 Q3 2025: $2.9B Q3 2025 Q4 2025: $2.8B Q4 2025 Q1 2026: $2.6B Q1 2026 Q2 2026: $3.0B Q2 2026

Holdings 282 stocks · $3.0B

NEE Nextera Energy Inc. 2.74% 1,150,389 $81.6M Reduce -1.2%
ES Eversource Energy 2.25% 1,075,943 $66.8M Reduce -1.0%
REXR Rexford Industrial Realty Inc. 2.16% 1,642,285 $64.3M Reduce -16.8%
PLD Prologis Inc. 2.14% 568,984 $63.6M Add +295.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.00% 1,426,736 $59.5M Reduce -25.1%
INTU Intuit Inc. 1.89% 91,442 $56.1M Reduce -20.4%
PNC PNC Financial Services Group 1.85% 313,236 $55.1M Reduce -5.3%
ARE Alexandria Real Estate Equit 1.80% 579,495 $53.6M Reduce -31.4%
AWK American Water Works Co. Inc. 1.75% 353,298 $52.1M Add +17.6%
MKTX Marketaxess Holdings Inc. 1.67% 229,763 $49.7M Add +89.0%
TFC Truist Financial Corp. 1.60% 1,158,980 $47.7M Reduce -8.6%
CBSH Commerce Bancshares Inc. 1.45% 695,035 $43.3M Reduce -1.2%
CVX Chevron Corp. 1.43% 254,094 $42.5M Add +2.3%
XOM Exxon Mobil Corp. 1.41% 351,338 $41.8M Add +13.3%
RBA RB Global Inc. 1.39% 413,137 $41.4M Add +20.8%
BRK.B Berkshire Hathaway Inc. Class B 1.38% 77,057 $41.0M Add +115.0%
PFE Pfizer Inc. 1.37% 1,605,974 $40.7M Add +103.6%
UNH Unitedhealth Group Inc. 1.36% 77,183 $40.4M Reduce -18.5%
TMO Thermo Fisher Scientific Inc. 1.33% 79,642 $39.6M Reduce -1.4%
HCA HCA Healthcare Inc. 1.31% 112,923 $39.0M New
HON Honeywell International Inc. 1.30% 183,199 $38.8M Reduce -7.2%
TSN Tyson Foods Inc. Class A 1.29% 600,246 $38.3M Add +10.2%
SWK Stanley Black & Decker Inc. 1.17% 452,131 $34.8M Reduce -1.1%
OVV Ovintiv Inc. 1.16% 805,959 $34.5M Add +0.4%
CCI Crown Castle Inc. 1.15% 326,884 $34.1M Add +1.6%
JPM JPMorgan Chase & Co. 1.13% 136,981 $33.6M Reduce -2.8%
BLK BlackRock Inc. 1.13% 35,460 $33.6M Add +954.1%
HD Home Depot Inc. 1.07% 86,667 $31.8M Add +38.3%
USB US Bancorp 1.07% 750,615 $31.7M Add +0.2%
LHX L3HARRIS Technologies Inc. 1.01% 143,807 $30.1M Reduce -16.6%
MSCI MSCI Inc. 1.01% 53,093 $30.0M Reduce -35.2%
BALL Ball Corp. 0.92% 526,463 $27.4M Reduce -1.0%
AMD Advanced Micro Devices 0.91% 262,622 $27.0M Add +86.2%
ALLE Allegion PLC 0.89% 203,951 $26.6M Add +50.0%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.89% 145,433 $26.6M Reduce -13.8%
INVH Invitation Homes Inc. 0.89% 757,969 $26.4M Reduce -1.0%
ABT Abbott Laboratories 0.87% 194,849 $25.8M Reduce -2.8%
EOG EOG Resources Inc. 0.86% 198,286 $25.4M Add +0.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.85% 255,315 $25.2M Reduce -1.5%
MSFT Microsoft Corp. 0.83% 65,490 $24.6M Add +14.0%
SBAC SBA Communications Corp. 0.82% 110,476 $24.3M Reduce -1.2%
MDT Medtronic PLC 0.80% 263,596 $23.7M Reduce -0.5%
MA Mastercard Inc. Class A 0.76% 41,492 $22.7M Reduce -12.6%
SCHW Schwab (charles) Corp. 0.71% 270,429 $21.2M New
KDP Keurig Dr Pepper Inc. 0.70% 608,670 $20.8M Reduce -0.9%
AAPL Apple Inc. 0.69% 92,629 $20.6M Reduce -2.1%
EQIX Equinix Inc. 0.69% 25,132 $20.5M Reduce -7.2%
V Visa Inc. Class A 0.69% 58,360 $20.5M Add +70.6%
MS Morgan Stanley 0.68% 174,497 $20.4M Reduce -16.3%
FFIN First Finl Bankshares Inc. 0.68% 565,184 $20.3M Reduce -3.3%
LLY Eli Lilly & Co. 0.68% 24,363 $20.1M Add +73.7%
AMT American Tower Corp. 0.67% 91,701 $20.0M Reduce -3.1%
AES AES Corp. 0.66% 1,577,652 $19.6M Add +192.2%
G Genpact Ltd. 0.64% 379,457 $19.1M Reduce -23.9%
JD Jd.com Inc.-ADR 0.62% 451,903 $18.6M Reduce -12.9%
VEEV Veeva Systems Inc. Class A 0.62% 79,424 $18.4M Reduce -13.5%
C Citigroup Inc. 0.59% 246,268 $17.5M Reduce -23.6%
GOOGL Alphabet Inc. Class A 0.57% 110,349 $17.1M No change
WFC Wells Fargo & Co. 0.57% 236,427 $17.0M New
ABBV Abbvie Inc. 0.55% 77,996 $16.3M New
JNJ Johnson & Johnson 0.54% 97,511 $16.2M Add +30.9%
A Agilent Technologies Inc. 0.52% 132,478 $15.5M Reduce -7.9%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.52% 367,082 $15.3M Add +0.6%
MTDR Matador Resources Co. 0.52% 299,788 $15.3M Reduce -0.3%
JBTM JBT Marel Corp. 0.50% 122,698 $15.0M Reduce -4.6%
CRM Salesforce Inc. 0.49% 54,674 $14.7M Add +9.5%
CTRA Coterra Energy Inc. 0.49% 505,683 $14.6M New
FMC FMC Corp. 0.49% 343,472 $14.5M Reduce -26.6%
WEC WEC Energy Group Inc. 0.49% 132,617 $14.5M Reduce -6.5%
APTV Aptiv PLC 0.48% 239,207 $14.2M Reduce -8.2%
CHRW C.H. Robinson Worldwide Inc. 0.48% 138,830 $14.2M New
TTC Toro Co. 0.47% 190,751 $13.9M Reduce -0.2%
BMY Bristol-Myers Squibb Co. 0.45% 217,071 $13.2M Reduce -2.3%
DOW Dow Inc. 0.41% 346,688 $12.1M New
PAAS Pan American Silver Corp. 0.40% 459,990 $11.9M Reduce -12.3%
ANSS Ansys Inc. 0.39% 36,667 $11.6M Reduce -5.3%
GMED Globus Medical Inc. Class A 0.39% 157,855 $11.6M Reduce -12.0%
ROL Rollins Inc. 0.38% 209,492 $11.3M Reduce -12.4%
SBUX Starbucks Corp. 0.37% 112,728 $11.1M Reduce -34.8%
LYB Lyondellbasell Indu Class A 0.37% 155,543 $11.0M Add +420.6%
COST Costco Wholesale Corp. 0.36% 11,328 $10.7M No change
INDB Independent Bank Corp. 0.35% 166,477 $10.4M Reduce -5.4%
APD Air Products & Chemicals Inc. 0.34% 34,743 $10.2M Reduce -67.9%
TRU Transunion 0.33% 119,907 $10.0M Reduce -49.2%
OKE Oneok Inc. 0.33% 98,906 $9.8M Reduce -7.5%
XYL Xylem Inc. 0.33% 81,608 $9.7M Reduce -2.2%
ZTS Zoetis Inc. 0.32% 58,167 $9.6M Reduce -68.0%
CSGP Costar Group Inc. 0.32% 120,248 $9.5M New
MMSI Merit Medical Systems Inc. 0.32% 89,668 $9.5M Reduce -13.6%
THG Hanover Insurance Group Inc./ 0.31% 53,452 $9.3M Add +18.3%
LKFN Lakeland Financial Corp. 0.30% 151,742 $9.0M Reduce -0.3%
AMZN Amazon.com Inc. 0.30% 46,631 $8.9M New
CFG Citizens Financial Group 0.29% 207,076 $8.5M Reduce -7.1%
GTY Getty Realty Corp. 0.29% 271,867 $8.5M Reduce -5.0%
UAA Under Armour Inc. Class A 0.28% 1,339,991 $8.4M Add +90.8%
KALU Kaiser Aluminum Corp. 0.28% 136,412 $8.3M Reduce -0.3%
ALK Alaska Air Group Inc. 0.28% 167,393 $8.2M Reduce -6.2%
EXEL Exelixis Inc. 0.26% 207,746 $7.7M Add +244.7%
FNV Franco-Nevada Corp. 0.25% 48,096 $7.6M Reduce -10.0%
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.25% 58,188 $7.5M Reduce -70.1%
DD Dupont DE Nemours Inc. 0.25% 98,054 $7.3M Add +14.6%
ICE Intercontinental Exchange Inc. 0.24% 42,162 $7.3M Reduce -55.0%
AME Ametek Inc. 0.24% 42,075 $7.2M Reduce -9.0%
DVN Devon Energy Corp. 0.24% 193,477 $7.2M New
CBU Community Financial System I 0.24% 126,612 $7.2M Reduce -3.1%
ADUS Addus Homecare Corp. 0.24% 72,791 $7.2M Reduce -8.8%
OSK Oshkosh Corp. 0.24% 75,947 $7.1M Add +21.0%
WTRG Essential Utilities Inc. 0.23% 176,496 $7.0M Reduce -7.6%
NVO Novo-Nordisk A/S-Spons ADR 0.22% 94,015 $6.5M Add +826.9%
FR First Industrial Realty TR 0.22% 119,809 $6.5M Reduce -13.2%
TRNO Terreno Realty Corp. 0.22% 102,195 $6.5M Reduce -51.5%
MAA Mid-America Apartment Comm 0.21% 37,867 $6.3M Reduce -80.8%
EVRG Evergy Inc. 0.21% 91,986 $6.3M Reduce -18.5%
AEE Ameren Corporation 0.21% 63,158 $6.3M Reduce -20.1%
ESS Essex Property Trust Inc. 0.21% 20,311 $6.2M Reduce -14.9%
AWR American States Water Co. filed as AMER STATES WTR CO 0.21% 78,975 $6.2M Add +99.7%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.21% 86,754 $6.2M Reduce -9.7%
GS Goldman Sachs Group Inc. 0.21% 11,177 $6.1M Add +216.6%
EWBC East West Bancorp Inc. 0.20% 67,786 $6.1M Reduce -2.6%
NTRS Northern Trust Corp. 0.20% 60,799 $6.0M Reduce -9.4%
EMN Eastman Chemical Co. 0.20% 66,788 $5.9M Reduce -0.4%
PCH Potlatchdeltic Corp. 0.20% 129,124 $5.8M Reduce -0.3%
IQV Iqvia Holdings Inc. 0.20% 32,902 $5.8M Reduce -10.8%
ZBH Zimmer Biomet Holdings Inc. 0.19% 50,555 $5.7M Reduce -0.4%
WGO Winnebago Industries 0.19% 164,188 $5.7M Add +196.0%
RYAN Ryan Specialty Holdings Inc. 0.19% 76,490 $5.7M New
DEI Douglas Emmett Inc. 0.19% 349,779 $5.6M Reduce -0.3%
VRSN Verisign Inc. 0.19% 21,896 $5.6M Reduce -38.5%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.19% 60,180 $5.5M Reduce -28.3%
COLD Americold Realty Trust Inc. 0.19% 256,426 $5.5M Reduce -0.4%
AVA Avista Corp. 0.18% 126,522 $5.3M No change
APH Amphenol Corp. Class A 0.17% 77,284 $5.1M New
BMRN Biomarin Pharmaceutical Inc. 0.17% 71,489 $5.1M New
MKSI MKS Inc. filed as MKS INSTRS INC 0.16% 60,094 $4.8M Add +344.5%
ASH Ashland Inc. 0.16% 79,318 $4.7M New
FIVE Five Below 0.16% 62,384 $4.7M Add +15.9%
EXLS Exlservice Holdings Inc. 0.15% 96,087 $4.5M Reduce -51.2%
SYBT Stock Yards Bancorp Inc. 0.15% 63,261 $4.4M Reduce -7.8%
TECH Bio-Techne Corp. 0.15% 74,460 $4.4M New
VALE Vale SA-SP ADR 0.15% 437,026 $4.4M Reduce -3.8%
SWKS Skyworks Solutions Inc. 0.14% 64,434 $4.2M Reduce -0.4%
NEM Newmont Corp. 0.14% 85,659 $4.1M New
HP Helmerich & Payne 0.14% 157,868 $4.1M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.14% 22,456 $4.0M Reduce -0.4%
LULU Lululemon Athletica Inc. 0.13% 13,970 $4.0M Reduce -61.5%
TYL Tyler Technologies Inc. 0.13% 6,694 $3.9M Reduce -28.0%
EMR Emerson Electric Co. 0.12% 33,507 $3.7M Reduce -4.5%
DLR Digital Realty Trust Inc. 0.12% 25,392 $3.6M Reduce -48.2%
HMN Horace Mann Educators 0.12% 81,232 $3.5M No change
CPK Chesapeake Utilities Corp. 0.12% 26,928 $3.5M No change
LIVN Livanova PLC 0.12% 87,875 $3.5M Reduce -2.0%
EFSC Enterprise Financial Service 0.12% 63,635 $3.4M No change
CADE Cadence Bank 0.11% 111,583 $3.4M No change
AVAV Aerovironment Inc. 0.11% 28,127 $3.4M New
GBCI Glacier Bancorp Inc. 0.11% 75,793 $3.4M No change
ASB Associated Banc-Corp. 0.11% 148,655 $3.3M No change
FOX Fox Corp. Class B 0.11% 61,774 $3.3M Reduce -26.7%
MSEX Middlesex Water Co. 0.11% 50,127 $3.2M New
AXTA Axalta Coating Systems Ltd. 0.11% 96,649 $3.2M New
DINO HF Sinclair Corp. 0.11% 96,549 $3.2M New
CUZ Cousins Properties Inc. 0.11% 106,592 $3.1M Reduce -5.0%
FIBK First Interstate Bancsys-A 0.10% 106,306 $3.0M No change
UMH Umh Properties Inc. filed as UMH PPTYS INC 0.10% 162,532 $3.0M No change
JAZZ Jazz Pharmaceuticals PLC 0.10% 24,023 $3.0M New
DOC Healthpeak Properties Inc. 0.10% 145,908 $3.0M No change
ELS Equity Lifestyle Properties 0.10% 43,611 $2.9M No change
SSB Southstate Bank Corp. 0.10% 31,144 $2.9M Reduce -39.3%
JLL Jones Lang Lasalle Inc. 0.10% 11,660 $2.9M Reduce -5.0%
WTS Watts Water Technologies-A 0.10% 14,170 $2.9M Reduce -3.0%
PNFP Pinnacle Financial Partners 0.10% 27,186 $2.9M Reduce -28.3%
GATX Gatx Corp. 0.10% 18,488 $2.9M No change
UMBF Umb Financial Corp. 0.10% 28,068 $2.8M Reduce -38.1%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.10% 85,690 $2.8M Add +49.0%
GE General Electric filed as GE AEROSPACE 0.10% 14,110 $2.8M New
HDB HDFC Bank Ltd.-ADR 0.09% 42,410 $2.8M Reduce -14.8%
AWI Armstrong World Industries 0.09% 19,987 $2.8M Reduce -9.8%
TXN Texas Instruments Inc. 0.09% 15,648 $2.8M Reduce -79.7%
BXMT Blackstone Mortgage Tru Class A 0.09% 140,232 $2.8M No change
HASI Ha Sustainable Infrastructur 0.09% 94,985 $2.8M No change
MKC McCormick & Co.-Non VTG SHRS 0.09% 33,564 $2.8M Reduce -14.6%
DAN Dana Inc. 0.09% 207,249 $2.8M Reduce -24.6%
SASR Sandy Spring Bancorp Inc. 0.09% 98,200 $2.7M Reduce -13.8%
RTX RTX Corp. 0.09% 20,634 $2.7M New
PG The Procter & Gamble Co. 0.09% 16,033 $2.7M New
CDE Coeur Mining Inc. 0.09% 456,285 $2.7M No change
POR Portland General Electric Co. 0.09% 60,228 $2.7M No change
IEX Idex Corp. 0.09% 14,824 $2.7M Reduce -26.8%
GM General Motors Co. 0.09% 56,412 $2.7M Add +114.1%
BRKR Bruker Corp. 0.08% 59,562 $2.5M Reduce -0.4%
WD Walker & Dunlop Inc. 0.08% 29,092 $2.5M No change
TBBK The Bancorp Inc. 0.08% 46,259 $2.4M No change
ABG Asbury Automotive Group 0.08% 10,898 $2.4M Reduce -17.7%
SM SM Energy Co. 0.08% 80,260 $2.4M No change
CRUS Cirrus Logic Inc. 0.08% 22,585 $2.3M No change
RNG Ringcentral Inc. Class A 0.07% 89,642 $2.2M No change
NXT Nextpower Inc. filed as NEXTRACKER INC 0.07% 52,625 $2.2M No change
GPN Global Payments Inc. 0.07% 21,415 $2.1M Reduce -4.1%
CSV Carriage Services Inc. 0.07% 53,688 $2.1M No change
WERN Werner Enterprises Inc. 0.07% 69,518 $2.0M No change
CARG Cargurus Inc. 0.07% 68,295 $2.0M No change
WWW Wolverine World Wide Inc. 0.06% 134,256 $1.9M No change
DY Dycom Industries Inc. 0.06% 12,240 $1.9M No change
MEDP Medpace Holdings Inc. 0.06% 5,989 $1.8M No change
MBUU Malibu Boats Inc. Class A 0.06% 59,393 $1.8M No change
EPRT Essential Properties Realty 0.06% 55,012 $1.8M No change
PSX Phillips 66 0.06% 13,903 $1.7M Reduce -4.5%
SBSI Southside Bancshares Inc. 0.06% 58,739 $1.7M No change
PSMT Pricesmart Inc. 0.06% 18,988 $1.7M No change
DIOD Diodes Inc. 0.06% 38,476 $1.7M No change
AX Axos Financial Inc. 0.06% 25,559 $1.6M No change
AON Aon PLC Class A 0.06% 4,102 $1.6M Reduce -4.5%
ALL Allstate Corp. 0.05% 7,823 $1.6M Reduce -86.9%
IRDM Iridium Communications Inc. 0.05% 58,957 $1.6M No change
KWR Quaker Chemical Corporation 0.05% 12,740 $1.6M No change
EBAY eBay Inc. 0.05% 22,995 $1.6M Reduce -4.5%
VTLE Vital Energy Inc. 0.05% 72,503 $1.5M Add +1.9%
CINF Cincinnati Financial Corp. 0.05% 10,358 $1.5M Reduce -85.4%
ADSK Autodesk Inc. 0.05% 5,820 $1.5M Reduce -24.6%
SID Cia Siderurgica Nacl-SP ADR filed as COMPANHIA SIDERURGICA NACION 0.05% 910,827 $1.5M No change
LNN Lindsay Corp. 0.05% 11,860 $1.5M New
COP Conocophillips 0.05% 14,055 $1.5M Add +22.3%
UTZ Utz Brands Inc. 0.05% 104,726 $1.5M Add +13.7%
UNF Unifirst Corp. 0.05% 8,472 $1.5M No change
GBX Greenbrier Companies Inc. 0.05% 28,711 $1.5M New
CASH Pathward Financial Inc. 0.05% 20,010 $1.5M Reduce -56.9%
IIIN Insteel Industries Inc. 0.05% 55,345 $1.5M New
KLAC KLA Corp. 0.05% 2,093 $1.4M New
IWD iShares Russell 1000 Value E 0.05% 7,544 $1.4M Reduce -81.8%
CSX CSX Corp. 0.05% 48,046 $1.4M Add +17.6%
TMHC Taylor Morrison Home Corp. 0.05% 23,520 $1.4M Add +0.6%
UNP Union Pacific Corp. 0.05% 5,946 $1.4M New
TDY Teledyne Technologies Inc. 0.05% 2,809 $1.4M Reduce -78.9%
NDAQ Nasdaq Inc. 0.05% 18,348 $1.4M Reduce -74.8%
AEO American Eagle Outfitters 0.05% 119,074 $1.4M Add +0.7%
RARE Ultragenyx Pharmaceutical Inc. 0.05% 37,667 $1.4M No change
OMCL Omnicell Inc. 0.05% 38,993 $1.4M Add +8.6%
UPS United Parcel Service Class B 0.05% 12,367 $1.4M Reduce -4.5%
LGND Ligand Pharmaceuticals 0.05% 12,917 $1.4M Add +9.0%
META Meta Platforms Inc. Class A 0.04% 2,284 $1.3M Reduce -18.9%
MU Micron Technology Inc. 0.04% 15,097 $1.3M New
ACN Accenture PLC Class A 0.04% 4,128 $1.3M Reduce -4.4%
SEE Sealed Air Corp. 0.04% 44,268 $1.3M Reduce -4.3%
SLP Simulations Plus Inc. 0.04% 51,162 $1.3M New
BABA Alibaba Group Holding-SP ADR 0.04% 9,197 $1.2M Reduce -49.8%
KBH KB Home 0.04% 20,793 $1.2M No change
MRVL Marvell Technology Inc. 0.04% 19,244 $1.2M New
PDD PDD Holdings Inc. 0.04% 9,256 $1.1M Reduce -10.5%
CZR Caesars Entertainment Inc. 0.03% 40,281 $1.0M No change
ADBE Adobe Inc. 0.03% 2,400 $920K Reduce -4.4%
LGIH Lgi Homes Inc. 0.03% 13,575 $902K No change
TSM Taiwan Semiconductor-SP ADR 0.03% 5,422 $900K Reduce -11.0%
ASML ASML Holding NV-NY Reg SHS 0.03% 1,253 $830K Reduce -41.4%
VSXY Victoria's Secret & Co. 0.03% 41,881 $778K New
IOVA Iovance Biotherapeutics Inc. 0.02% 187,342 $624K No change
AEM Agnico Eagle Mines Ltd. 0.02% 5,525 $599K Reduce -42.7%
YMM Full Truck Alliance -SPN ADR 0.02% 37,825 $483K Reduce -3.3%
EGP Eastgroup Properties Inc. 0.02% 2,552 $450K Add +79.3%
EQNR Equinor ASA-Spon ADR 0.01% 16,692 $442K Reduce -18.2%
PBR Petroleo Brasileiro-Spon ADR 0.01% 23,804 $341K Reduce -28.5%
AZN Astrazeneca PLC-Spons ADR 0.01% 4,142 $304K Reduce -39.0%
WPM Wheaton Precious Metals Corp. 0.01% 3,899 $303K Reduce -42.0%
SONY Sony Group Corp. - SP ADR 0.01% 11,465 $291K Reduce -42.1%
BBVA Banco Bilbao Vizcaya-SP ADR 0.01% 21,167 $288K Reduce -36.1%
BCS Barclays PLC-Spons ADR 0.01% 18,697 $287K Reduce -45.1%
NWG Natwest Group PLC -Spon ADR 0.01% 21,306 $254K New
MELI MercadoLibre Inc. 0.01% 130 $254K Reduce -11.0%
BN Brookfield Corp. 0.01% 3,673 $193K Reduce -41.8%
GMAB Genmab A/S -SP ADR 0.01% 8,518 $167K Reduce -16.4%
BSY Bentley Systems Inc. Class B 0.00% 2,738 $108K Reduce -77.5%
VEU Vanguard Ftse All-World Ex-U 0.00% 562 $34K Reduce -98.4%
EW Edwards Lifesciences Corp. 0.00% 382 $28K No change
PLNT Planet Fitness Inc. Class A 0.00% 202 $20K No change
NOW ServiceNow Inc. 0.00% 24 $19K No change
DPZ Domino's Pizza Inc. 0.00% 39 $18K Reduce -99.9%
NICE Nice Ltd. - Spon ADR 0.00% 81 $12K Reduce -99.8%
IDXX Idexx Laboratories Inc. 0.00% 27 $11K Reduce -10.0%
SYY Sysco Corp. 0.00% 126 $9K Reduce -99.7%
MET Metlife Inc. 0.00% 46 $4K Reduce -100.0%
TFX Teleflex Inc. 0.00% 24 $3K Reduce -100.0%
COF Capital One Financial Corp. 0.00% 18 $3K Reduce -100.0%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.00% 118 $2K Add +53.3%
BBY Best Buy Co. Inc. 0.00% 19 $1K Reduce -100.0%
Lines left out (1) · $10 — a value with no share or principal amount
SecurityClassSharesValue
SOBO South Bow Corp. COM0$10

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $3.0B.

Portfolio Sells Q4 2024 → Q1 2025

DPZ Domino's Pizza Inc. Reduce -99.9% 0.00% −0.94
TFX Teleflex Inc. Reduce -100.0% 0.00% −0.94
TRP TC Energy Corp. Sold out 0.00% −0.87
ARE Alexandria Real Estate Equit Reduce -31.4% 1.80% −0.84
MAA Mid-America Apartment Comm Reduce -80.8% 0.21% −0.77
STZ Constellation Brands Inc. Class A Sold out 0.00% −0.75
BAC Bank of America Corp. Reduce -25.1% 2.00% −0.68
APD Air Products & Chemicals Inc. Reduce -67.9% 0.34% −0.66
ZTS Zoetis Inc. Reduce -68.0% 0.32% −0.63
BBY Best Buy Co. Inc. Reduce -100.0% 0.00% −0.58
MSCI MSCI Inc. Reduce -35.2% 1.01% −0.57
CMCSA Comcast Corp. Class A Sold out 0.00% −0.54
SUI Sun Communities Inc. Reduce -70.1% 0.25% −0.52
WTW Willis Towers Watson PLC Sold out 0.00% −0.48
INTU Intuit Inc. Reduce -20.4% 1.89% −0.43
COF Capital One Financial Corp. Reduce -100.0% 0.00% −0.37
TXN Texas Instruments Inc. Reduce -79.7% 0.09% −0.37
TRU Transunion Reduce -49.2% 0.33% −0.37
WHR Whirlpool Corp. Sold out 0.00% −0.33
ALL Allstate Corp. Reduce -86.9% 0.05% −0.32
LULU Lululemon Athletica Inc. Reduce -61.5% 0.13% −0.31
RLI Rli Corp. Sold out 0.00% −0.31
REXR Rexford Industrial Realty Inc. Reduce -16.8% 2.16% −0.29
CINF Cincinnati Financial Corp. Reduce -85.4% 0.05% −0.28
MET Metlife Inc. Reduce -100.0% 0.00% −0.27
FMC FMC Corp. Reduce -26.6% 0.49% −0.24
NICE Nice Ltd. - Spon ADR Reduce -99.8% 0.00% −0.22
ICE Intercontinental Exchange Inc. Reduce -55.0% 0.24% −0.20
MOH Molina Healthcare Inc. Sold out 0.00% −0.20
IWD iShares Russell 1000 Value E Reduce -81.8% 0.05% −0.20
PNC PNC Financial Services Group Reduce -5.3% 1.85% −0.20
TRNO Terreno Realty Corp. Reduce -51.5% 0.22% −0.18
UNH Unitedhealth Group Inc. Reduce -18.5% 1.36% −0.18
CNMD Conmed Corp. Sold out 0.00% −0.17
TFC Truist Financial Corp. Reduce -8.6% 1.60% −0.16
TTEK Tetra Tech Inc. Sold out 0.00% −0.16
DLR Digital Realty Trust Inc. Reduce -48.2% 0.12% −0.16
MS Morgan Stanley Reduce -16.3% 0.68% −0.16
LHX L3HARRIS Technologies Inc. Reduce -16.6% 1.01% −0.15
TDY Teledyne Technologies Inc. Reduce -78.9% 0.05% −0.15
C Citigroup Inc. Reduce -23.6% 0.59% −0.14
SBUX Starbucks Corp. Reduce -34.8% 0.37% −0.13
NDAQ Nasdaq Inc. Reduce -74.8% 0.05% −0.13
EQIX Equinix Inc. Reduce -7.2% 0.69% −0.13
EXLS Exlservice Holdings Inc. Reduce -51.2% 0.15% −0.13
HON Honeywell International Inc. Reduce -7.2% 1.30% −0.13
TROX Tronox Holdings PLC Sold out 0.00% −0.12
TROW T Rowe Price Group Inc. Reduce -28.3% 0.19% −0.12
SHO Sunstone Hotel Investors Inc. Sold out 0.00% −0.12
TGT Target Corp. Sold out 0.00% −0.10

Portfolio Buys Q4 2024 → Q1 2025

PLD Prologis Inc. Add +295.6% 2.14% +1.65
HCA HCA Healthcare Inc. New 1.31% +1.31
BLK BlackRock Inc. Add +954.1% 1.13% +1.02
BRK.B Berkshire Hathaway Inc. Class B Add +115.0% 1.38% +0.86
MKTX Marketaxess Holdings Inc. Add +89.0% 1.67% +0.79
SCHW Schwab (charles) Corp. New 0.71% +0.71
PFE Pfizer Inc. Add +103.6% 1.37% +0.70
WFC Wells Fargo & Co. New 0.57% +0.57
AWK American Water Works Co. Inc. Add +17.6% 1.75% +0.55
ABBV Abbvie Inc. New 0.55% +0.55
CTRA Coterra Energy Inc. New 0.49% +0.49
CHRW C.H. Robinson Worldwide Inc. New 0.48% +0.48
AES AES Corp. Add +192.2% 0.66% +0.44
DOW Dow Inc. New 0.41% +0.41
RBA RB Global Inc. Add +20.8% 1.39% +0.40
AMD Advanced Micro Devices Add +86.2% 0.91% +0.36
V Visa Inc. Class A Add +70.6% 0.69% +0.34
XOM Exxon Mobil Corp. Add +13.3% 1.41% +0.33
LLY Eli Lilly & Co. Add +73.7% 0.68% +0.33
ALLE Allegion PLC Add +50.0% 0.89% +0.32
CSGP Costar Group Inc. New 0.32% +0.32
AMZN Amazon.com Inc. New 0.30% +0.30
LYB Lyondellbasell Indu Class A Add +420.6% 0.37% +0.30
HD Home Depot Inc. Add +38.3% 1.07% +0.29
TSN Tyson Foods Inc. Class A Add +10.2% 1.29% +0.28
CVX Chevron Corp. Add +2.3% 1.43% +0.27
DVN Devon Energy Corp. New 0.24% +0.24
CCI Crown Castle Inc. Add +1.6% 1.15% +0.21
JNJ Johnson & Johnson Add +30.9% 0.54% +0.20
EXEL Exelixis Inc. Add +244.7% 0.26% +0.19
NVO Novo-Nordisk A/S-Spons ADR Add +826.9% 0.22% +0.19
RYAN Ryan Specialty Holdings Inc. New 0.19% +0.19
APH Amphenol Corp. Class A New 0.17% +0.17
BMRN Biomarin Pharmaceutical Inc. New 0.17% +0.17
ASH Ashland Inc. New 0.16% +0.16
TECH Bio-Techne Corp. New 0.15% +0.15
GS Goldman Sachs Group Inc. Add +216.6% 0.21% +0.14
NEM Newmont Corp. New 0.14% +0.14
MKSI MKS Inc. Add +344.5% 0.16% +0.12
OVV Ovintiv Inc. Add +0.4% 1.16% +0.12
AVAV Aerovironment Inc. New 0.11% +0.11
AWR American States Water Co. Add +99.7% 0.21% +0.11
MSEX Middlesex Water Co. New 0.11% +0.11
AXTA Axalta Coating Systems Ltd. New 0.11% +0.11
DINO HF Sinclair Corp. New 0.11% +0.11
WGO Winnebago Industries Add +196.0% 0.19% +0.11
JAZZ Jazz Pharmaceuticals PLC New 0.10% +0.10
GE General Electric New 0.10% +0.10
UAA Under Armour Inc. Class A Add +90.8% 0.28% +0.09
PG The Procter & Gamble Co. New 0.09% +0.09

Notes & Other Activity Q4 2024 → Q1 2025

SOBO South Bow Corp. COM Reduce -100.0% 0 $10

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 208$3.0BDINO, AAPL, GEV, LLY, SCHW
Q1 2026 221$2.6BDINO, MRVL, SCHW, PLD, GOOGL
Q4 2025 228$2.8BSCHW, MRVL, DINO, GOOGL, PLD
Q3 2025 265$2.9BARE, GOOGL, PLD, NEE, GBCI
Q2 2025 271$2.9BNEE, BAC, ES, INTU, GOOGL
Q1 2025 282$3.0BNEE, ES, REXR, PLD, BAC
Q4 2024 270$3.1BBAC, NEE, ARE, REXR, INTU
Q3 2024 271$3.4BARE, NEE, REXR, BAC, ES
Q2 2024 251$3.3BARE, REXR, NEE, BAC, INTU
Q1 2024 236$3.7BBAC, ARE, REXR, NEE, ES