Oddo BHF Asset Management Sas

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Oddo BHF Asset Management Sas reported 275 stock positions worth $2.7 billion. Its top holding was Nvidia (NVDA) at 9.6% of the portfolio, followed by Microsoft (MSFT, 8.8%) and Apple (AAPL, 4.7%). Compared with Q3 2025, it opened 76 new positions, sold out of 162, added to 126 and reduced 48. The biggest buy was a new position in Microsoft (MSFT) and the biggest sale an exit from Visa Class A (V).

Most Recent 13F
Q2 2026
Location
PARIS, I0
CIK
0001686970
Portfolio Value
$2.7B (Q4 2025)
SEC Filing
0001178913-26-000495 ↗ filed Feb 17, 2026

Holdings Value

0$1.0B$2.0B$3.0B Q3 2024: $2.0B Q3 2024 Q4 2024: $2.0B Q4 2024 Q1 2025: $2.4B Q1 2025 Q2 2025: $2.6B Q2 2025 Q3 2025: $2.6B Q3 2025 Q4 2025: $2.7B $2.7B Q4 2025 Q1 2026: $2.5B Q1 2026 Q2 2026: $2.1B Q2 2026

Holdings 275 stocks · $2.7B
NVDA Nvidia Corp. 9.63% 1,370,537 $255.6M Add +18.6%
MSFT Microsoft Corp. 8.80% 482,677 $233.4M New
AAPL Apple Inc. 4.74% 462,845 $125.8M Add +27.8%
AVGO Broadcom Inc. 3.98% 305,376 $105.7M Add +2.7%
BSX Boston Scientific Corp. 2.04% 567,904 $54.1M Add +25.7%
NFLX Netflix Inc. 1.69% 478,971 $44.9M Add +20.9%
JPM JPMorgan Chase & Co. 1.69% 139,209 $44.9M Add +74.9%
NOW ServiceNow Inc. 1.61% 279,748 $42.9M New
ANET Arista Networks Inc. 1.50% 303,958 $39.8M New
GOOG Alphabet Inc. Class C 1.48% 125,357 $39.3M Add +39.0%
MCK McKesson Corp. 1.47% 47,559 $39.0M Add +38.3%
CSCO Cisco Systems Inc. 1.43% 493,609 $38.0M Add +66.9%
LLY Eli Lilly & Co. 1.39% 34,349 $36.9M Add +5.8%
SPGI S&P Global Inc. 1.37% 69,452 $36.3M Add +4.7%
BKNG Booking Holdings Inc. 1.25% 6,190 $33.1M Add +4.9%
HWM Howmet Aerospace Inc. 1.24% 159,854 $32.8M Add +8.6%
EME Emcor Group Inc. 1.23% 53,335 $32.6M Add +10.6%
MELI MercadoLibre Inc. 1.22% 16,052 $32.3M Add +8.0%
DAY Dayforce Inc. 1.21% 465,000 $32.2M Add +2007.1%
CDTX Cidara Therapeutics Inc. 1.19% 142,500 $31.5M New
TMO Thermo Fisher Scientific Inc. 1.10% 50,466 $29.2M Reduce -13.8%
PGR Progressive Corp. 1.09% 126,516 $28.8M Add +17.0%
ORCL Oracle Corp. 1.07% 145,843 $28.4M Reduce -27.3%
ASND Ascendis Pharma A/S 1.04% 129,941 $27.7M Add +8.3%
RNAM Avidity Biosciences Inc. 1.03% 377,500 $27.2M New
SHOP Shopify Inc. Class A 1.02% 122,698 $27.1M Add +13.2%
FYBR Frontier Communications Pare 0.92% 641,100 $24.4M Add +2259.3%
DASH DoorDash Inc. Class A 0.92% 107,551 $24.4M No change
APH Amphenol Corp. Class A 0.88% 171,882 $23.2M Add +6.0%
CRM Salesforce Inc. 0.81% 80,856 $21.4M Add +87.0%
VRTX Vertex Pharmaceuticals Inc. 0.80% 46,633 $21.1M Add +40.1%
ARGX Argenx SE - ADR 0.74% 23,473 $19.7M Reduce -18.8%
SHCO Soho House & Co. Inc. 0.71% 2,113,000 $18.9M New
NSC Norfolk Southern Corp. 0.71% 65,000 $18.8M Add +766.7%
WBD Warner Bros Discovery Inc. 0.71% 650,000 $18.7M New
AZN Astrazeneca PLC-Spons ADR 0.69% 199,779 $18.4M New
SIMO Silicon Motion Technol-ADR 0.67% 192,500 $17.8M Reduce -11.5%
T AT&T Inc. 0.67% 715,415 $17.8M Add +271.1%
TEAM Atlassian Corp. Class A 0.65% 106,835 $17.3M Reduce -8.8%
AMAT Applied Materials Inc. 0.65% 67,287 $17.3M Reduce -15.4%
DHR Danaher Corp. 0.62% 72,285 $16.5M Add +92.9%
PANW Palo Alto Networks Inc. 0.62% 88,827 $16.4M Add +78.2%
WELL Welltower Inc. 0.60% 86,147 $16.0M Add +111.4%
CAH Cardinal Health Inc. 0.60% 77,489 $15.9M Add +77.1%
GILD Gilead Sciences Inc. 0.60% 129,714 $15.9M Add +37.7%
DENN Denny's Corp. 0.59% 2,500,000 $15.6M New
MSI Motorola Solutions Inc. 0.58% 40,351 $15.5M Reduce -9.8%
WDC Western Digital Corp. 0.54% 82,610 $14.2M Add +92.4%
ROG Rogers Corp. 0.53% 155,000 $14.2M No change
ZS Zscaler Inc. 0.53% 62,195 $14.0M Add +124.8%
MFC Manulife Financial Corp. 0.50% 265,600 $13.2M Add +28.7%
ABBV Abbvie Inc. 0.49% 57,067 $13.0M Add +28.2%
NEM Newmont Corp. 0.48% 128,716 $12.9M New
SPNS Sapiens International Corp. 0.47% 283,763 $12.3M New
WMT Walmart Inc. 0.45% 107,737 $12.0M Add +24.2%
ALNY Alnylam Pharmaceuticals Inc. 0.45% 30,133 $12.0M Reduce -20.6%
RSG Republic Services Inc. 0.44% 54,702 $11.6M Add +22.3%
HIG Hartford Insurance Group Inc. 0.42% 81,362 $11.2M Add +32.2%
CW Curtiss-Wright Corp. 0.41% 19,803 $10.9M New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.41% 36,574 $10.8M Add +25.7%
MRK Merck & Co. Inc. 0.41% 102,778 $10.8M Add +165.2%
WOW Wideopenwest Inc. 0.41% 2,073,829 $10.8M New
ABVX Abivax SA-ADR 0.40% 79,350 $10.7M New
SAP Sap SE-Sponsored ADR 0.40% 43,326 $10.5M No change
CCRN Cross Country Healthcare Inc. 0.39% 1,272,700 $10.3M Reduce -19.2%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.38% 100,400 $10.2M Reduce -21.5%
PLTR Palantir Technologies Inc. Class A 0.38% 57,032 $10.1M Add +13.4%
SNOW Snowflake Inc. 0.37% 44,989 $9.9M Reduce -33.8%
PRU Prudential Financial Inc. 0.36% 85,588 $9.7M Add +37.1%
LOW Lowe's Cos Inc. 0.36% 39,539 $9.5M Add +53.5%
GEV GE Vernova Inc. 0.36% 14,578 $9.5M Reduce -24.2%
SYK Stryker Corp. 0.34% 25,295 $8.9M Add +1.0%
WSM Williams-Sonoma Inc. 0.33% 49,659 $8.9M Add +76.0%
RDDT Reddit Inc. Class A 0.33% 38,018 $8.7M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.33% 157,727 $8.7M Add +2008.4%
HUBS HubSpot Inc. 0.32% 21,276 $8.5M Reduce -8.5%
ADI Analog Devices Inc. 0.32% 31,234 $8.5M Add +29.7%
SAIL Sailpoint Inc. 0.30% 397,486 $8.0M New
COIN Coinbase Global Inc. Class A 0.29% 33,894 $7.7M Add +26.2%
U Unity Software Inc. 0.29% 172,611 $7.6M Add +76.8%
MCO Moody's Corp. 0.29% 14,899 $7.6M Add +28.8%
FSLR First Solar Inc. 0.28% 28,847 $7.5M Reduce -55.6%
ECL Ecolab Inc. 0.28% 28,256 $7.4M Add +21.3%
MDB Mongodb Inc. 0.27% 17,271 $7.2M Reduce -70.9%
GIS General Mills Inc. 0.27% 154,968 $7.2M Add +28.8%
SLF Sun Life Financial Inc. 0.27% 83,716 $7.2M Add +28.6%
COST Costco Wholesale Corp. 0.27% 8,268 $7.1M Add +21.5%
WMB Williams Cos Inc. 0.26% 115,434 $6.9M Add +30.0%
KMB Kimberly-Clark Corp. 0.23% 61,795 $6.2M Add +29.6%
DAL Delta Air Lines Inc. 0.23% 89,810 $6.2M Add +120.4%
TPR Tapestry Inc. 0.23% 48,286 $6.2M Add +12.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.23% 39,690 $6.1M Add +77.3%
COHR Coherent Corp. 0.23% 32,815 $6.1M New
MRVL Marvell Technology Inc. 0.23% 71,252 $6.1M Reduce -69.7%
MET Metlife Inc. 0.23% 76,333 $6.0M Add +28.8%
ZTS Zoetis Inc. 0.23% 47,469 $6.0M Add +28.8%
AMT American Tower Corp. 0.22% 33,302 $5.8M Add +28.8%
AME Ametek Inc. 0.22% 28,320 $5.8M Reduce -1.9%
NTAP Netapp Inc. 0.22% 54,283 $5.8M Add +28.8%
WFC Wells Fargo & Co. 0.22% 61,498 $5.7M Add +14.4%
WPM Wheaton Precious Metals Corp. 0.22% 35,500 $5.7M Add +26.8%
GS Goldman Sachs Group Inc. 0.21% 6,298 $5.5M Add +32.8%
APP AppLovin Corp. Class A 0.21% 8,081 $5.4M Add +57.6%
CHD Church & Dwight Co. Inc. 0.20% 64,706 $5.4M Reduce -1.8%
TSM Taiwan Semiconductor-SP ADR 0.20% 17,767 $5.4M Add +61.6%
TXN Texas Instruments Inc. 0.20% 31,065 $5.4M Reduce -53.2%
ALAB Astera Labs Inc. 0.19% 31,033 $5.2M New
CRWD CrowdStrike Holdings Inc. Class A 0.19% 10,848 $5.1M Reduce -35.7%
MTD Mettler-Toledo International 0.19% 3,572 $5.0M Add +56.0%
VEEV Veeva Systems Inc. Class A 0.19% 22,291 $5.0M Add +11.4%
KEYS Keysight Technologies Inc. 0.19% 24,213 $4.9M New
SYF Synchrony Financial 0.18% 56,831 $4.7M Add +28.8%
LH Labcorp Holdings Inc. 0.17% 18,224 $4.6M New
HPE Hewlett Packard Enterprise 0.17% 189,977 $4.6M Add +28.8%
HCA HCA Healthcare Inc. 0.17% 9,760 $4.6M Add +40.8%
CEG Constellation Energy 0.17% 12,678 $4.5M Add +28.7%
SNCR Synchronoss Technologies Inc. 0.17% 520,000 $4.5M New
CRCL Circle Internet Group Inc. 0.17% 56,062 $4.4M New
RF Regions Financial Corp. 0.17% 163,223 $4.4M Add +28.2%
CAI Caris Life Sciences Inc. 0.17% 162,313 $4.4M New
COF Capital One Financial Corp. 0.16% 18,060 $4.4M Add +28.8%
QCOM Qualcomm Inc. 0.16% 25,474 $4.4M Add +30.5%
CBOE Cboe Global Markets Inc. 0.16% 17,240 $4.3M Add +31.4%
TWST Twist Bioscience Corp. 0.16% 135,650 $4.3M Reduce -21.0%
PEG Public Service Enterprise GP 0.16% 52,108 $4.2M Add +28.8%
ATXS Astria Therapeutics Inc. 0.16% 317,300 $4.2M New
GGG Graco Inc. 0.15% 49,484 $4.1M Add +65.6%
ADBE Adobe Inc. 0.15% 11,567 $4.0M Add +30.3%
HOOD Robinhood Markets Inc. Class A 0.15% 34,973 $4.0M New
INCY Incyte Corp. 0.14% 36,919 $3.6M Add +160.6%
SNA Snap-on Inc. 0.13% 10,346 $3.6M Add +28.8%
DLR Digital Realty Trust Inc. 0.13% 22,140 $3.4M Add +1.6%
CI The Cigna Group 0.13% 12,115 $3.3M Add +28.8%
PFG Principal Financial Group 0.12% 37,257 $3.3M Add +31.0%
HD Home Depot Inc. 0.12% 9,393 $3.2M Reduce -22.9%
PG The Procter & Gamble Co. 0.12% 22,518 $3.2M Add +28.8%
FIVN FIVE9 Inc. 0.12% 160,000 $3.2M No change
ES Eversource Energy 0.12% 47,123 $3.2M Add +28.8%
ORLY O'reilly Automotive Inc. 0.12% 34,179 $3.1M Add +27.0%
ETR Entergy Corp. 0.12% 33,606 $3.1M Add +16.6%
FDX FedEx Corp. 0.11% 10,365 $3.0M Add +28.8%
WAT Waters Corp. 0.11% 7,850 $3.0M Add +28.8%
CVAC Curevac NV 0.11% 650,557 $2.9M New
JBL Jabil Inc. 0.11% 12,552 $2.9M Add +10.0%
TWLO Twilio Inc. Class A 0.10% 18,969 $2.7M Add +28.8%
SPG Simon Property Group Inc. 0.10% 14,206 $2.6M Add +31.4%
ISPO Inspirato Inc. 0.10% 625,000 $2.6M New
VMC Vulcan Materials Co. 0.10% 9,126 $2.6M Reduce -6.3%
CAT Caterpillar Inc. 0.09% 4,297 $2.5M Reduce -25.6%
MPC Marathon Petroleum Corp. 0.09% 15,060 $2.4M Add +39.6%
FIS Fidelity National Info Serv 0.09% 35,912 $2.4M Add +28.8%
DECK Deckers Outdoor Corp. 0.09% 22,744 $2.4M Add +4.7%
ULTA Ulta Beauty Inc. 0.09% 3,860 $2.3M Add +22.7%
RL Ralph Lauren Corp. 0.09% 6,454 $2.3M Add +15.1%
CME Cme Group Inc. 0.08% 8,191 $2.2M New
TRGP Targa Resources Corp. 0.08% 11,347 $2.1M Reduce -52.1%
FOX Fox Corp. Class B 0.08% 32,026 $2.1M Add +17.8%
HUBB Hubbell Inc. 0.07% 4,453 $2.0M Add +38.4%
DE Deere & Co. 0.07% 4,054 $1.9M No change
JAMF Jamf Holding Corp. filed as JAMF HLDG CORP 0.07% 145,000 $1.9M New
XYL Xylem Inc. 0.06% 12,163 $1.7M Reduce -22.1%
KO The Coca-Cola Co. 0.06% 23,499 $1.6M New
AWK American Water Works Co. Inc. 0.06% 11,853 $1.5M Add +6.5%
STZ Constellation Brands Inc. Class A 0.05% 10,555 $1.5M Add +28.8%
BMI Badger Meter Inc. 0.05% 8,279 $1.4M Reduce -33.9%
GNRC Generac Holdings Inc. 0.05% 10,560 $1.4M Add +31.8%
VST Vistra Corp. 0.05% 8,864 $1.4M Reduce -17.9%
WDAY Workday Inc. Class A 0.05% 6,641 $1.4M Add +28.8%
NRG NRG Energy Inc. 0.05% 8,666 $1.4M No change
AFL Aflac Inc. 0.05% 12,405 $1.4M Add +19.6%
EQIX Equinix Inc. 0.05% 1,779 $1.4M Add +28.8%
PHM Pultegroup Inc. 0.05% 11,392 $1.3M Reduce -92.0%
WST West Pharmaceutical Services 0.05% 4,755 $1.3M Add +28.8%
SBAC SBA Communications Corp. 0.05% 6,686 $1.3M Add +28.8%
TTEK Tetra Tech Inc. 0.05% 38,384 $1.3M Reduce -4.2%
TRMB Trimble Inc. 0.05% 16,132 $1.3M Add +5.5%
USB US Bancorp 0.05% 23,587 $1.3M Add +27.4%
TTWO Take-Two Interactive Softwre 0.05% 4,797 $1.2M Add +24.6%
STN Stantec Inc. 0.05% 9,354 $1.2M Reduce -4.2%
TFC Truist Financial Corp. 0.05% 24,567 $1.2M Add +42.7%
WAB Wabtec Corp. 0.05% 5,645 $1.2M Reduce -73.6%
EMR Emerson Electric Co. 0.04% 8,867 $1.2M New
EBAY eBay Inc. 0.04% 13,393 $1.2M Add +255.8%
GWW WW Grainger Inc. 0.04% 1,148 $1.2M Add +2.4%
HAS Hasbro Inc. 0.04% 14,091 $1.2M New
FICO Fair Isaac Corp. 0.04% 680 $1.1M Reduce -28.0%
ALL Allstate Corp. 0.04% 5,473 $1.1M Add +26.9%
NBIX Neurocrine Biosciences Inc. 0.04% 7,620 $1.1M Add +35.6%
MS Morgan Stanley 0.04% 5,966 $1.1M No change
GTLS Chart Industries Inc. 0.04% 4,898 $1.0M No change
DDOG Datadog Inc. Class A 0.03% 6,755 $919K Reduce -92.3%
HPQ HP Inc. 0.03% 39,931 $890K Add +28.8%
DOCU Docusign Inc. 0.03% 12,933 $885K Add +28.8%
SEE Sealed Air Corp. 0.03% 20,380 $844K Reduce -4.2%
HLT Hilton Worldwide Holdings Inc. 0.03% 2,938 $844K Reduce -13.2%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.03% 10,064 $835K Reduce -18.0%
BFIN Bankfinancial Corp. 0.03% 67,434 $809K New
MANH Manhattan Associates Inc. 0.03% 4,587 $795K Add +106.2%
HI Hillenbrand Inc. 0.03% 25,000 $793K New
KMI Kinder Morgan Inc. 0.03% 26,156 $719K No change
ACM Aecom 0.03% 7,450 $710K Reduce -4.2%
URI United Rentals Inc. 0.03% 835 $676K No change
TMUS T-Mobile US Inc. 0.02% 3,200 $650K Reduce -53.0%
F Ford Motor Co. filed as FORD MTR CO 0.02% 48,914 $642K New
JD.COM INC (JD 0.25 06/01/29) 0.02% 595 $597K New
GIFI Gulf Island Fabrication Inc. 0.02% 49,100 $588K New
MX Magnachip Semiconductor Corp. 0.02% 215,098 $549K No change
PLUG Plug Power Inc. 0.02% 273,889 $540K Reduce -11.6%
AMP Ameriprise Financial Inc. 0.02% 1,098 $538K Reduce -63.9%
PDD PDD Holdings Inc. 0.02% 4,600 $522K Add +64.3%
JNJ Johnson & Johnson 0.02% 2,503 $518K Reduce -80.3%
KVUE Kenvue Inc. 0.02% 29,336 $506K Add +42.7%
SQNS Sequans Communications-ADR 0.02% 105,649 $474K New
VZ Verizon Communications Inc. 0.02% 11,243 $458K Add +28.6%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.02% 1,700 $440K Reduce -66.0%
ENPH Enphase Energy Inc. 0.02% 13,606 $436K Reduce -63.0%
TKO Tko Group Holdings Inc. 0.02% 1,922 $402K No change
SEMTECH CORP (SMTC 1.625 11/01/27) 0.02% 200 $401K New
IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) 0.01% 422 $386K New
BANDWIDTH INC (BAND 0.25 03/01/26) 0.01% 390 $385K No change
TDG Transdigm Group Inc. 0.01% 258 $343K No change
POWI Power Integrations Inc. 0.01% 9,414 $335K New
ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) 0.01% 200 $311K New
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) 0.01% 310 $309K Reduce -61.7%
MEDP Medpace Holdings Inc. 0.01% 525 $295K Reduce -80.1%
TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) 0.01% 200 $247K New
ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) 0.01% 161 $229K New
TME Tencent Music Entertainm-ADR 0.01% 12,800 $224K Add +109.8%
DRI Darden Restaurants Inc. 0.01% 1,104 $203K No change
DTI Drilling Tools International 0.01% 82,056 $201K No change
LI AUTO INC (LI 0.25 05/01/28) 0.01% 186 $187K New
HTHT H World Group Ltd.-ADR 0.01% 3,900 $183K Add +2.6%
PBBK PB Bankshares Inc. 0.01% 8,268 $175K New
TUYA Tuya Inc. 0.00% 62,100 $131K Add +55.3%
WM Waste Management Inc. 0.00% 340 $75K Reduce -80.7%
FNBT Finemark Holdings Inc. 0.00% 1,000 $38K New
MIDD Middleby Corp. 0.00% 135 $20K No change
RIVIAN AUTO INC (RIVN 3.625 10/15/30) 0.00% 1,085 $1K New
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) 0.00% 855 $853 New
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) 0.00% 508 $661 New
COINBASE GLOBAL INC (COIN 0.25 04/01/30) 0.00% 619 $635 New
PARSONS CORP (PSN 2.625 03/01/29) 0.00% 585 $609 New
VENTAS REALTY LP (VTR 3.75 06/01/26) 0.00% 425 $608 New
IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) 0.00% 374 $595 New
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) 0.00% 590 $586 New
MERITAGE HOMES CORP (MTH 1.75 05/15/28) 0.00% 556 $550 New
FLUOR CORP (FLR 1.125 08/15/29) 0.00% 458 $524 New
MKS INC (MKSI 1.25 06/01/30) 0.00% 400 $512 New
ITRON INC (ITRI 1.375 07/15/30) 0.00% 475 $484 New
POST HOLDINGS INC (POST 2.5 08/15/27) filed as POST HLDGS INC 0.00% 425 $462 New
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) 0.00% 497 $449 New
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) 0.00% 390 $447 No change
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) 0.00% 422 $401 New
H WORLD GROUP LTD (HTHT 3 05/01/26) 0.00% 300 $384 No change
DROPBOX INC (DBX 0 03/01/28) 0.00% 375 $378 No change
GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) 0.00% 227 $363 New
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) 0.00% 300 $348 New
FORD MOTOR COMPANY (F 0 03/15/26) filed as FORD MTR CO 0.00% 320 $332 Reduce -31.9%
CLOUDFLARE INC (NET 0 08/15/26) 0.00% 275 $325 New
LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) 0.00% 60 $319 New
REPLIGEN CORP (RGEN 1 12/15/28) 0.00% 290 $319 New
NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) 0.00% 248 $311 New
ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) 0.00% 300 $286 New
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) 0.00% 250 $253 No change
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) 0.00% 69 $235 New
SPOTIFY USA INC (SPOT 0 03/15/26) 0.00% 205 $233 New
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) 0.00% 257 $232 New
WESTERN DIGITAL CORP (WDC 3 11/15/28) 0.00% 50 $230 New
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) 0.00% 225 $216 No change
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) 0.00% 200 $183 No change
HAEMONETICS CORP (HAE 2.5 06/01/29) 0.00% 175 $182 New
ON SEMICONDUCTOR CORP (ON 0 05/01/27) 0.00% 150 $179 No change
ADVANCED ENERGY IND (AEIS 2.5 09/15/28) 0.00% 100 $165 New
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) 0.00% 150 $143 New
RIVIAN AUTO INC (RIVN 4.625 03/15/29) 0.00% 75 $96 No change
Other holdings (3): bonds, preferreds, convertibles and warrants · $687K (not counted above)
SecurityClassShares / PrincipalValueChange
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 6,510$328KAdd +8.5%
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D 5,284$274KNew
KGCRF Kinross Gold Corp. Right 50,900$85KNo change

Total filed on the 13F, all lines: $2.7B.

Portfolio Sells Q3 2025 → Q4 2025
V Visa Inc. Class A Sold out 0.00% −2.59
VRNA Verona Pharma Ltd. Sold out 0.00% −1.90
ANET Arista Networks Inc. Sold out 0.00% −1.73
PWR Quanta Services Inc. Sold out 0.00% −1.42
MAC COPPER LTD Sold out 0.00% −1.21
COOP Mr Cooper Group Inc. Sold out 0.00% −1.18
SPOT Spotify Technology SA Sold out 0.00% −1.18
LIVN Livanova PLC Sold out 0.00% −1.14
ORCL Oracle Corp. Reduce -27.3% 1.07% −1.08
K Kellanova Sold out 0.00% −0.95
JCI Johnson Controls Internation Sold out 0.00% −0.94
DB Deutsche Bank AG-Registered Sold out 0.00% −0.94
FWONK Liberty Media Corp. Class C Sold out 0.00% −0.81
AZO AutoZone Inc. Sold out 0.00% −0.75
KKR KKR & Co. Inc. Sold out 0.00% −0.73
SRDX Surmodics Inc. Sold out 0.00% −0.69
ETN Eaton Corp. PLC Sold out 0.00% −0.67
PHM Pultegroup Inc. Reduce -92.0% 0.05% −0.67
LRCX Lam Research Corp. Sold out 0.00% −0.64
ALLE Allegion PLC Sold out 0.00% −0.60
MRVL Marvell Technology Inc. Reduce -69.7% 0.23% −0.52
STLA Stellantis NV Sold out 0.00% −0.48
CCRN Cross Country Healthcare Inc. Reduce -19.2% 0.39% −0.46
SPR Spirit Aerosystems Hold Class A Sold out 0.00% −0.46
TT Trane Technologies PLC Sold out 0.00% −0.44
DDOG Datadog Inc. Class A Reduce -92.3% 0.03% −0.44
MDB Mongodb Inc. Reduce -70.9% 0.27% −0.43
MRUS Merus NV Sold out 0.00% −0.33
PNR Pentair PLC Sold out 0.00% −0.29
MCHP Microchip Technology Inc. Sold out 0.00% −0.29
LIN Linde PLC Sold out 0.00% −0.28
UBER Uber Technologies Inc. Sold out 0.00% −0.28
FSLR First Solar Inc. Reduce -55.6% 0.28% −0.26
TXN Texas Instruments Inc. Reduce -53.2% 0.20% −0.26
BNY Bank of New York Mellon Corp. Sold out 0.00% −0.25
REGN Regeneron Pharmaceuticals Sold out 0.00% −0.22
ACN Accenture PLC Class A Sold out 0.00% −0.21
SNOW Snowflake Inc. Reduce -33.8% 0.37% −0.21
ALNY Alnylam Pharmaceuticals Inc. Reduce -20.6% 0.45% −0.21
VLTO Veralto Corp. Sold out 0.00% −0.21
FTNT Fortinet Inc. Sold out 0.00% −0.20
CIEN Ciena Corp. Sold out 0.00% −0.20
C Citigroup Inc. Sold out 0.00% −0.20
MSI Motorola Solutions Inc. Reduce -9.8% 0.58% −0.20
AXP American Express Co. Sold out 0.00% −0.19
MNDY Monday.com Ltd. Sold out 0.00% −0.18
TAP Molson Coors Beverage Co. Class B Sold out 0.00% −0.17
BRKR Bruker Corp. Sold out 0.00% −0.17
PGNY Progyny Inc. Sold out 0.00% −0.16
AYI Acuity Inc. Sold out 0.00% −0.15

Portfolio Buys Q3 2025 → Q4 2025
MSFT Microsoft Corp. New 8.80% +8.80
NOW ServiceNow Inc. New 1.61% +1.61
ANET Arista Networks Inc. New 1.50% +1.50
NVDA Nvidia Corp. Add +18.6% 9.63% +1.41
AAPL Apple Inc. Add +27.8% 4.74% +1.23
CDTX Cidara Therapeutics Inc. New 1.19% +1.19
DAY Dayforce Inc. Add +2007.1% 1.21% +1.15
RNAM Avidity Biosciences Inc. New 1.03% +1.03
FYBR Frontier Communications Pare Add +2259.3% 0.92% +0.88
JPM JPMorgan Chase & Co. Add +74.9% 1.69% +0.73
SHCO Soho House & Co. Inc. New 0.71% +0.71
WBD Warner Bros Discovery Inc. New 0.71% +0.71
AZN Astrazeneca PLC-Spons ADR New 0.69% +0.69
CSCO Cisco Systems Inc. Add +66.9% 1.43% +0.66
GOOG Alphabet Inc. Class C Add +39.0% 1.48% +0.64
NSC Norfolk Southern Corp. Add +766.7% 0.71% +0.62
DENN Denny's Corp. New 0.59% +0.59
NEM Newmont Corp. New 0.48% +0.48
SPNS Sapiens International Corp. New 0.47% +0.47
T AT&T Inc. Add +271.1% 0.67% +0.46
MCK McKesson Corp. Add +38.3% 1.47% +0.46
LLY Eli Lilly & Co. Add +5.8% 1.39% +0.45
CRM Salesforce Inc. Add +87.0% 0.81% +0.42
CW Curtiss-Wright Corp. New 0.41% +0.41
SHOP Shopify Inc. Class A Add +13.2% 1.02% +0.41
WOW Wideopenwest Inc. New 0.41% +0.41
ABVX Abivax SA-ADR New 0.40% +0.40
BSX Boston Scientific Corp. Add +25.7% 2.04% +0.36
DHR Danaher Corp. Add +92.9% 0.62% +0.34
WDC Western Digital Corp. Add +92.4% 0.54% +0.34
CAH Cardinal Health Inc. Add +77.1% 0.60% +0.34
RDDT Reddit Inc. Class A New 0.33% +0.33
WELL Welltower Inc. Add +111.4% 0.60% +0.33
BAC Bank of America Corp. Add +2008.4% 0.33% +0.31
SAIL Sailpoint Inc. New 0.30% +0.30
VRTX Vertex Pharmaceuticals Inc. Add +40.1% 0.80% +0.30
MRK Merck & Co. Inc. Add +165.2% 0.41% +0.28
AVGO Broadcom Inc. Add +2.7% 3.98% +0.24
PANW Palo Alto Networks Inc. Add +78.2% 0.62% +0.23
COHR Coherent Corp. New 0.23% +0.23
ZS Zscaler Inc. Add +124.8% 0.53% +0.21
GILD Gilead Sciences Inc. Add +37.7% 0.60% +0.20
ALAB Astera Labs Inc. New 0.19% +0.19
KEYS Keysight Technologies Inc. New 0.19% +0.19
LH Labcorp Holdings Inc. New 0.17% +0.17
SNCR Synchronoss Technologies Inc. New 0.17% +0.17
CRCL Circle Internet Group Inc. New 0.17% +0.17
CAI Caris Life Sciences Inc. New 0.17% +0.17
MFC Manulife Financial Corp. Add +28.7% 0.50% +0.16
ATXS Astria Therapeutics Inc. New 0.16% +0.16

Notes & Other Activity Q3 2025 → Q4 2025
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD Add +8.5% 6,510 $328K
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D New 5,284 $274K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 246$2.1BGOOGL, V, GOOG, AAUC, GTLS
Q1 2026 272$2.5BNVDA, MSFT, AVGO, AAPL, MCK
Q4 2025 275$2.7BNVDA, MSFT, AAPL, AVGO, BSX
Q3 2025 361$2.6BNVDA, AVGO, AAPL, V, ORCL
Q2 2025Amended 381$2.6BNVDA, AVGO, V, AAPL, NFLX
Q1 2025Amended 387$2.4BNVDA, V, ICLR, AAPL, AVGO
Q4 2024 318$2.0BICLR, NVDA, V, AVGO, CRM
Q3 2024 312$2.0BICLR, NVDA, V, UNH, GOOGL