Pacer Advisors, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Pacer Advisors, Inc. reported 2,113 stock positions worth $38.3 billion. Its top holding was Exxon Mobil (XOM) at 1.3% of the portfolio, followed by Cisco Systems (CSCO, 1.3%) and Comcast Class A (CMCSA, 1.3%). Compared with Q1 2025, it opened 283 new positions, sold out of 1,538, added to 996 and reduced 792. The biggest buy was Walt Disney (DIS, shares +3924%) and the biggest sale Lowe's Cos (LOW, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- Malvern, PA
- CIK
- 0001616667
- Portfolio Value
- $38.3B (Q2 2025)
- SEC Filing
- 0000894189-25-005538 ↗ filed Aug 12, 2025
Holdings Value
Holdings 2,113 stocks · $38.3B
| XOM Exxon Mobil Corp. | 1.32% | 4,695,785 | $506.2M | Reduce -6.6% |
| CSCO Cisco Systems Inc. | 1.31% | 7,253,559 | $503.3M | Reduce -10.7% |
| CMCSA Comcast Corp. Class A | 1.27% | 13,628,946 | $486.4M | Add +3.0% |
| T AT&T Inc. | 1.27% | 16,768,687 | $485.3M | Reduce -16.0% |
| MO Altria Group Inc. | 1.26% | 8,232,792 | $482.7M | Reduce -12.6% |
| PFE Pfizer Inc. | 1.26% | 19,859,300 | $481.4M | Reduce -1.0% |
| CVX Chevron Corp. | 1.26% | 3,361,049 | $481.3M | Reduce -2.5% |
| AMGN Amgen Inc. | 1.25% | 1,718,301 | $479.8M | Add +8.9% |
| BKNG Booking Holdings Inc. | 1.25% | 82,764 | $479.1M | Reduce -26.2% |
| QCOM Qualcomm Inc. | 1.25% | 3,005,313 | $478.6M | Reduce -4.5% |
| MRK Merck & Co. Inc. | 1.25% | 6,041,762 | $478.3M | Add +14.3% |
| JNJ Johnson & Johnson | 1.25% | 3,127,253 | $477.7M | Add +3.2% |
| COP Conocophillips | 1.24% | 5,295,107 | $475.2M | Reduce -1.9% |
| NVDA Nvidia Corp. | 1.24% | 2,999,998 | $474.0M | Add +51.1% |
| VZ Verizon Communications Inc. | 1.21% | 10,708,372 | $463.4M | Reduce -8.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.21% | 3,722,351 | $461.6M | Add +3923.6% |
| GILD Gilead Sciences Inc. | 1.19% | 4,119,722 | $456.8M | Reduce -15.7% |
| EOG EOG Resources Inc. | 1.18% | 3,777,887 | $451.9M | Reduce -4.5% |
| BMY Bristol-Myers Squibb Co. | 1.17% | 9,715,442 | $449.7M | Add +8.6% |
| UPS United Parcel Service Class B | 1.16% | 4,417,865 | $445.9M | Add +1.9% |
| CRM Salesforce Inc. | 1.15% | 1,609,283 | $438.8M | Reduce -11.6% |
| MSFT Microsoft Corp. | 1.14% | 879,593 | $437.5M | Add +55.5% |
| NKE Nike Inc. Class B | 1.14% | 6,124,437 | $435.1M | Add +10.2% |
| F Ford Motor Co. filed as FORD MTR CO | 1.13% | 40,026,449 | $434.3M | Reduce -18.4% |
| UAL United Airlines Holdings Inc. | 1.10% | 5,280,768 | $420.5M | Add +4.2% |
| ADBE Adobe Inc. | 1.08% | 1,065,582 | $412.3M | Add +1868.7% |
| ACN Accenture PLC Class A | 1.04% | 1,334,496 | $398.9M | Reduce -7.7% |
| MCK McKesson Corp. | 1.02% | 532,583 | $390.3M | Add +4968.4% |
| AAPL Apple Inc. | 0.92% | 1,709,447 | $350.7M | Add +54.3% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.90% | 10,173,541 | $343.9M | Add +19.3% |
| NEM Newmont Corp. | 0.89% | 5,863,919 | $341.6M | Add +9.1% |
| MPC Marathon Petroleum Corp. | 0.87% | 2,008,157 | $333.6M | Reduce -42.7% |
| ABNB Airbnb Inc. Class A | 0.84% | 2,428,150 | $321.3M | Reduce -13.3% |
| OXY Occidental Petroleum Corp. | 0.82% | 7,483,249 | $314.4M | Add +1.8% |
| FANG Diamondback Energy Inc. | 0.80% | 2,237,071 | $307.4M | Add +9.7% |
| TGT Target Corp. | 0.74% | 2,869,390 | $283.1M | Reduce -12.8% |
| VLO Valero Energy Corp. | 0.74% | 2,097,310 | $281.9M | Reduce -26.9% |
| COR Cencora Inc. | 0.71% | 900,571 | $270.0M | Add +6309.3% |
| AMZN Amazon.com Inc. | 0.66% | 1,152,950 | $252.9M | Add +51.9% |
| EXPE Expedia Group Inc. | 0.66% | 1,487,768 | $251.0M | Reduce -9.4% |
| AVGO Broadcom Inc. | 0.65% | 909,763 | $250.8M | Add +67.7% |
| REGN Regeneron Pharmaceuticals | 0.61% | 445,134 | $233.7M | Add +9.3% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.60% | 2,505,805 | $230.5M | Add +72.7% |
| META Meta Platforms Inc. Class A | 0.59% | 304,148 | $224.5M | Add +47.6% |
| PSX Phillips 66 | 0.58% | 1,877,705 | $224.0M | Add +920.8% |
| KHC The Kraft Heinz Co. | 0.55% | 8,228,802 | $212.5M | Add +10.5% |
| DHI D.R. Horton Inc. | 0.55% | 1,632,557 | $210.5M | Reduce -3.5% |
| DAL Delta Air Lines Inc. | 0.53% | 4,096,984 | $201.5M | Reduce -5.5% |
| CAH Cardinal Health Inc. | 0.51% | 1,151,774 | $193.5M | Add +5814.7% |
| HPQ HP Inc. | 0.49% | 7,597,046 | $185.8M | Reduce -10.0% |
| OMC Omnicom Group | 0.48% | 2,570,023 | $184.9M | Reduce -6.3% |
| GIS General Mills Inc. | 0.45% | 3,294,401 | $170.7M | Reduce -4.3% |
| KMB Kimberly-Clark Corp. | 0.44% | 1,315,976 | $169.7M | Reduce -4.9% |
| HAL Halliburton Co. | 0.44% | 8,247,881 | $168.1M | Add +7.9% |
| BIIB Biogen Inc. | 0.43% | 1,319,991 | $165.8M | Reduce -2.4% |
| IQV Iqvia Holdings Inc. | 0.42% | 1,027,852 | $162.0M | Add +17.9% |
| EA Electronic Arts Inc. | 0.42% | 1,002,143 | $160.0M | Reduce -10.4% |
| CTSH Cognizant Tech Solutions-A | 0.40% | 1,969,448 | $153.7M | Add +10.8% |
| BKR Baker Hughes Co. | 0.39% | 3,943,087 | $151.2M | Add +2.2% |
| EBAY eBay Inc. | 0.38% | 1,972,411 | $146.9M | Reduce -10.2% |
| UTHR United Therapeutics Corp. | 0.38% | 509,737 | $146.5M | Reduce -7.0% |
| DG Dollar General Corp. | 0.37% | 1,225,668 | $140.2M | Reduce -22.6% |
| ZM Zoom Communications Inc. | 0.36% | 1,745,364 | $136.1M | Reduce -12.5% |
| HSY The Hershey Co. | 0.35% | 815,388 | $135.3M | Reduce -0.5% |
| LEN Lennar Corp. Class A | 0.35% | 1,215,364 | $134.4M | Reduce -21.7% |
| STZ Constellation Brands Inc. Class A | 0.35% | 817,019 | $132.9M | Add +10222.4% |
| CNH CNH Industrial NV | 0.34% | 9,962,038 | $129.1M | Add +9856.1% |
| PLTR Palantir Technologies Inc. Class A | 0.33% | 932,178 | $127.1M | Add +11.0% |
| APTV Aptiv PLC | 0.33% | 1,854,008 | $126.5M | Reduce -2.8% |
| DLTR Dollar Tree Inc. | 0.31% | 1,202,952 | $119.1M | Add +11505.9% |
| TSLA Tesla Inc. | 0.30% | 364,908 | $115.9M | Add +39.2% |
| U.S. Bank Money Market Deposit Account | 0.30% | 115,817,976 | $115.8M | Reduce -8.4% |
| GDDY GoDaddy Inc. Class A | 0.30% | 641,648 | $115.5M | Reduce -0.9% |
| KEYS Keysight Technologies Inc. | 0.30% | 702,652 | $115.1M | Add +7347.3% |
| IT Gartner Inc. | 0.30% | 284,163 | $114.9M | Add +6757.2% |
| GOOGL Alphabet Inc. Class A | 0.30% | 647,882 | $114.2M | Add +55.4% |
| JBL Jabil Inc. | 0.30% | 521,826 | $113.8M | Reduce -6.8% |
| PHM Pultegroup Inc. | 0.30% | 1,072,769 | $113.1M | Reduce -8.1% |
| LYB Lyondellbasell Indu Class A | 0.29% | 1,916,595 | $110.9M | Reduce -4.9% |
| ON On Semiconductor | 0.29% | 2,096,764 | $109.9M | Reduce -2.3% |
| EME Emcor Group Inc. | 0.28% | 199,508 | $106.7M | Reduce -62.7% |
| NVR NVR Inc. | 0.28% | 14,442 | $106.7M | Add +0.4% |
| THC Tenet Healthcare Corp. | 0.27% | 590,028 | $103.8M | New |
| GEN Gen Digital Inc. | 0.27% | 3,457,453 | $101.6M | Reduce -65.6% |
| DOCU Docusign Inc. | 0.26% | 1,268,605 | $98.8M | Add +8.7% |
| GOOG Alphabet Inc. Class C | 0.25% | 547,488 | $97.1M | Add +56.0% |
| TSN Tyson Foods Inc. Class A | 0.25% | 1,704,910 | $95.4M | Add +4.3% |
| NFLX Netflix Inc. | 0.25% | 70,997 | $95.1M | Add +47.1% |
| OKTA Okta Inc. | 0.25% | 949,258 | $94.9M | Add +676.3% |
| LDOS Leidos Holdings Inc. | 0.25% | 600,580 | $94.7M | Reduce -14.7% |
| PINS Pinterest Inc. Class A | 0.25% | 2,618,927 | $93.9M | Add +3.4% |
| NTAP Netapp Inc. | 0.24% | 875,870 | $93.3M | Reduce -18.0% |
| ABBV Abbvie Inc. | 0.24% | 497,701 | $92.4M | Add +34.4% |
| FFIV F5 Inc. | 0.24% | 309,111 | $91.0M | Reduce -2.5% |
| CTRA Coterra Energy Inc. | 0.24% | 3,570,550 | $90.6M | Add +15.2% |
| SSNC Ss&c Technologies Holdings | 0.23% | 1,072,695 | $88.8M | Add +4.2% |
| WDC Western Digital Corp. | 0.23% | 1,380,500 | $88.3M | Add +3578.8% |
| SWKS Skyworks Solutions Inc. | 0.23% | 1,184,970 | $88.3M | Reduce -12.9% |
| FOXA Fox Corp. Class A | 0.23% | 1,555,945 | $87.2M | Add +10865.9% |
| EXEL Exelixis Inc. | 0.22% | 1,927,910 | $85.0M | Add +184.3% |
Options reported separately and not counted above: SPY 09/30/2025 6.37 C calls ($97.0M), SPY 03/31/2026 6.21 C calls ($96.5M), SPY 12/31/2025 6.51 C calls ($87.7M), SPY 03/31/2026 6.15 C calls ($80.5M), SPY 06/30/2025 6.04 C calls ($75.1M), SPY 12/31/2025 6.56 C calls ($52.5M), SPY 09/30/2025 6.31 C calls ($39.4M), SPY 06/30/2025 5.99 C calls ($37.3M), SPY 12/31/2025 6.45 C calls ($31.7M), SPY 06/30/2025 6.1 C calls ($23.9M), SPY 03/31/2026 6.27 C calls ($23.3M), SPY 09/30/2025 6.43 C calls ($15.0M), and 16 more.
Other holdings (1,284): bonds, preferreds, convertibles and warrants · $1.1B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TREASURY BILL (B 0 09/04/25) | BIL · principal | 429,567,000 | $426.3M | New |
| US TREASURY N/B (T 3 09/30/25) | US Government Note/Bond · principal | 11,000,000 | $11.0M | No change |
| United States Treasury Note/Bond | US Government Note/Bond · principal | 8,500,000 | $8.3M | No change |
| US TREASURY N/B (T 4.125 09/30/27) | TREASURY · principal | 8,000,000 | $8.1M | No change |
| US TREASURY N/B (T 4.625 06/30/26) | Fixed Income · principal | 8,000,000 | $8.0M | No change |
| United States Treasury Note/Bond | US Government Note/Bond · principal | 8,000,000 | $8.0M | No change |
| US TREASURY N/B (T 4.625 03/15/26) | Fixed Income · principal | 8,000,000 | $8.0M | No change |
| US TREASURY N/B (T 3.5 09/30/26) | FIX · principal | 8,000,000 | $8.0M | No change |
| US TREASURY N/B (T 3.25 06/30/27) | NOT · principal | 8,000,000 | $7.9M | No change |
| Barnes Group T/L B | Bank Loan · principal | 5,333,000 | $5.3M | Add +6.7% |
| SPX Flow T/L B Cov-Lite (12/24) | Bank Loan · principal | 5,272,617 | $5.3M | No change |
| 1011778 BC ULC | Bank Loan · principal | 5,279,057 | $5.3M | Reduce -0.3% |
| Graham Packaging T/L B (07/24) - target | Bank Loan · principal | 5,146,301 | $5.2M | Reduce -1.0% |
| CQP Holdco T/L (12/24) - Target | Bank Loan · principal | 5,153,798 | $5.2M | No change |
| Polaris Newco LLC | Bank Loan · principal | 5,191,759 | $5.1M | Add +23.5% |
| Ares XLIII CLO Ltd | Collateralized Loan Obligation CLO · principal | 5,000,000 | $5.0M | No change |
| Voya CLO 2020-2 Ltd | Collateralized Loan Obligation CLO · principal | 5,000,000 | $5.0M | No change |
| Wellington Management Clo 3 Ltd | Collateralized Loan Obligation CLO · principal | 5,000,000 | $5.0M | No change |
| Hyperion Refinance S.a.r.l. T/L B (11/24) | Bank Loan · principal | 4,987,469 | $5.0M | Reduce -0.3% |
| US TREASURY N/B (T 4.25 12/31/25) | US Government Note/Bond · principal | 5,000,000 | $5.0M | No change |
| Benefit Street Partners CLO Ltd | Collateralized Loan Obligation CLO · principal | 5,000,000 | $5.0M | No change |
| Great Outdoors (Bass Pro Shops) T/L (1/25) | Bank Loan · principal | 4,987,500 | $5.0M | Reduce -0.3% |
| Fertitta Entertainment LLC/NV | Bank Loan · principal | 4,987,147 | $5.0M | Reduce -0.3% |
| Chariot Buyer LLC | Bank Loan · principal | 4,969,355 | $5.0M | Add +404.6% |
| Asplundh Tree Expert LLC | Bank Loan · principal | 4,960,982 | $5.0M | Reduce -0.3% |
| 8th Avenue Food & Provisions Inc | Bank Loan · principal | 4,970,871 | $5.0M | Reduce -0.3% |
| Allied Universal Holdco LLC | Bank Loan · principal | 4,944,151 | $5.0M | Add +24.9% |
| Wec US Holdings Ltd | Bank Loan · principal | 4,964,987 | $5.0M | Reduce -0.3% |
| Whatabrands/Whataburger (12/24) T/L B | Bank Loan · principal | 4,952,486 | $5.0M | Reduce -0.3% |
| KKR Apple Bidco T/L (02/25) | Bank Loan · principal | 4,962,412 | $5.0M | Add +406.4% |
| Madison IAQ LLC | Bank Loan · principal | 4,941,862 | $5.0M | Add +68.0% |
| CoreLogic Inc | Bank Loan · principal | 4,948,822 | $4.9M | Reduce -0.3% |
| Quikrete Holdings T/L B1 (2/25) | Bank Loan · principal | 4,904,492 | $4.9M | Reduce -0.3% |
| StubHub Holdco Sub LLC | Bank Loan · principal | 4,987,247 | $4.9M | Reduce -0.3% |
| ABRA Auto Body/Caliber Collision (1/25) T/L B | Bank Loan · principal | 4,847,955 | $4.8M | Reduce -0.3% |
| TREASURY BILL (B 0 08/28/25) | BIL · principal | 4,860,000 | $4.8M | New |
| AthenaHealth Group Inc | Bank Loan · principal | 4,789,092 | $4.8M | Add +26.3% |
| Medline Borrower LP | Bank Loan · principal | 4,762,927 | $4.8M | Reduce -0.3% |
| Motion Finco Sarl | Bank Loan · principal | 4,982,525 | $4.8M | Add +66.4% |
| Dynasty Acquisition T/L B-1 (10/24) (DAE Aviation) (Standard Aero) | Bank Loan · principal | 4,697,117 | $4.7M | Reduce -0.3% |
| SeaWorld Parks & Entertainment T/L B3 (11/24) | Bank Loan · principal | 4,673,580 | $4.7M | Reduce -0.3% |
| Savor Acquisition (Sauer Brands) T/L B (02/25) | Bank Loan · principal | 4,568,966 | $4.6M | No change |
| Neuberger Berman Loan Advisers CLO 32 Ltd | Collateralized Loan Obligation CLO · principal | 4,507,189 | $4.5M | New |
| TK Elevator Midco (ThyssenKrupp) T/L B (2/25) | Bank Loan · principal | 4,472,569 | $4.5M | New |
| Clark Equipment (Doosan Bobcat/Doosan Infracore) T/L B (6/24) | Bank Loan · principal | 4,460,106 | $4.5M | Reduce -0.3% |
| Dun & Bradstreet T/L B (11/24) | Bank Loan · principal | 4,453,327 | $4.5M | Reduce -0.3% |
| Epicor Software Corp | Bank Loan · principal | 4,413,472 | $4.4M | Reduce -0.3% |
| Emrld Borrower LP | Bank Loan · principal | 4,294,533 | $4.3M | Reduce -0.3% |
| Chart Industries T/L B | Bank Loan · principal | 4,263,587 | $4.3M | No change |
| Gates Global LLC | Bank Loan · principal | 4,236,698 | $4.2M | Reduce -0.3% |
| Acrisure T/L B6 (12/24) | Bank Loan · principal | 4,238,764 | $4.2M | Add +88.9% |
| Titan Acquisition Ltd/Canada | Bank Loan · principal | 4,208,795 | $4.2M | Reduce -0.3% |
| BAUSCH AND LOMB 9/23 INCREMENTAL T/L | Bank Loan · principal | 4,011,538 | $4.0M | Add +62.2% |
| Golub Capital Partners CLO 66B Ltd | Collateralized Loan Obligation CLO · principal | 4,000,000 | $4.0M | New |
| TREASURY BILL (B 0 07/03/25) | BIL · principal | 4,000,000 | $4.0M | New |
| Filtration Group T/L B (1/25) | Bank Loan · principal | 3,971,782 | $4.0M | No change |
| TransDigm Inc | Bank Loan · principal | 3,974,987 | $4.0M | Reduce -0.3% |
| UKG Inc | Bank Loan · principal | 3,954,962 | $4.0M | Reduce -0.3% |
| Cedar Fair LP | Bank Loan · principal | 3,964,975 | $4.0M | Reduce -33.6% |
| Roper Technologies/Indicor (12/24) Cov-Lite T/L | Bank Loan · principal | 3,961,381 | $4.0M | Reduce -0.3% |
| Cube Industrials T/L B (Ciror) | Bank Loan · principal | 3,900,000 | $3.9M | No change |
| Applied Systems Inc | Bank Loan · principal | 3,473,794 | $3.5M | Reduce -0.3% |
| Crosby Worldwide (Kito Crosby) T/L (9/24) | Bank Loan · principal | 3,467,531 | $3.5M | Reduce -0.3% |
| Core & Main(HD Supply Waterworks) T/L B (12/24) | Bank Loan · principal | 3,455,131 | $3.5M | Reduce -0.3% |
| ClubCorp Holdings Inc | Bank Loan · principal | 3,342,813 | $3.4M | Reduce -14.6% |
| Central Parent Inc | Bank Loan · principal | 3,977,494 | $3.3M | Add +33.1% |
| Golden State Foods T/L | Bank Loan · principal | 3,233,831 | $3.3M | No change |
| Avolon TLB Borrower 1 US LLC | Bank Loan · principal | 3,131,210 | $3.1M | Reduce -39.1% |
| Neuberger Berman Loan Advisers Clo 50 Ltd | Collateralized Loan Obligation CLO · principal | 3,000,000 | $3.0M | No change |
| Aimco CLO 11 Ltd | Collateralized Loan Obligation CLO · principal | 3,000,000 | $3.0M | No change |
| OHA Credit Funding 11 Ltd | Collateralized Loan Obligation CLO · principal | 3,000,000 | $3.0M | No change |
| Tempo Acquisition/Alight Solutions (1/25) T/L B | Bank Loan · principal | 3,034,684 | $3.0M | Reduce -39.9% |
| Elmwood CLO 24 Ltd | Collateralized Loan Obligation CLO · principal | 3,000,000 | $3.0M | No change |
| Barclays PLC | Corporate Bond - Foreign US$ · principal | 3,000,000 | $3.0M | New |
| CIFC Funding 2014-II-R Ltd | Collateralized Loan Obligation CLO · principal | 3,000,000 | $3.0M | New |
| Action (3/25) B4B Cov-Lite T/L B | Bank Loan · principal | 2,987,406 | $3.0M | Reduce -40.3% |
| BCPE Pequod Buyer T/L B (09/24) | Bank Loan · principal | 3,000,000 | $3.0M | No change |
| Magnetite XVII Ltd | Collateralized Loan Obligation CLO · principal | 3,000,000 | $3.0M | No change |
| Magnetite XXVI Ltd | Collateralized Loan Obligation CLO · principal | 3,000,000 | $3.0M | No change |
| Magnetite XXVI Ltd | Collateralized Loan Obligation CLO · principal | 3,000,000 | $3.0M | New |
| Pikes Peak CLO 6 | Collateralized Loan Obligation CLO · principal | 3,000,000 | $3.0M | No change |
| UBS GROUP AG (UBS V7.125 PERP 144a) | Corporate Bond - Foreign US$ · principal | 3,000,000 | $3.0M | New |
| Caesars Entertainment Inc | Bank Loan · principal | 2,979,912 | $3.0M | Reduce -0.3% |
| Elmwood CLO 25 Ltd | Collateralized Loan Obligation CLO · principal | 2,930,000 | $3.0M | New |
| Rivian Holdings LLC/Rivian LLC/Rivian Automotive LLC | Corporate Bond - Domestic · principal | 3,000,000 | $2.9M | New |
| Proampac PG Borrower LLC | Bank Loan · principal | 2,927,115 | $2.9M | Reduce -40.7% |
| SBA Senior Finance II LLC | Bank Loan · principal | 2,915,698 | $2.9M | Reduce -0.3% |
| Neuberger Berman Loan Advisers CLO 49 Ltd | Collateralized Loan Obligation CLO · principal | 2,875,000 | $2.9M | No change |
| Deerfield Dakota Holding LLC | Bank Loan · principal | 2,931,078 | $2.9M | Reduce -0.3% |
| Peraton Corp | Bank Loan · principal | 2,940,101 | $2.6M | Reduce -0.3% |
| Juniper Valley Park CLO Ltd | Collateralized Loan Obligation CLO · principal | 2,550,000 | $2.6M | Add +64.5% |
| ASP Blade Holdings (Oregon Tool) 2nd Lien T/L B2 | Bank Loan · principal | 3,165,579 | $2.6M | Add +170.9% |
| Elmwood CLO 23 Ltd | Collateralized Loan Obligation CLO · principal | 2,500,000 | $2.5M | New |
| AIMCO CLO Series 2015-A | Collateralized Loan Obligation CLO · principal | 2,500,000 | $2.5M | No change |
| Elmwood CLO 22 Ltd | Collateralized Loan Obligation CLO · principal | 2,500,000 | $2.5M | No change |
| MajorDrive Holdings IV LLC | Bank Loan · principal | 2,457,817 | $2.4M | Reduce -0.3% |
| Neuberger Berman Loan Advisers Clo 44 Ltd | Collateralized Loan Obligation CLO · principal | 2,400,000 | $2.4M | No change |
| Parexel International T/L B (1/25) | Bank Loan · principal | 2,374,226 | $2.4M | Reduce -0.3% |
| 1011778 BC / NEW RED FIN (BCULC 4 10/15/30 144A) | Corporate Bond - Foreign US$ · principal | 2,390,000 | $2.2M | New |
| TRAVERSE MIDSTREAM PARTNERS T/L B | Bank Loan · principal | 2,213,106 | $2.2M | Reduce -46.6% |
| OLYMPUS WTR US HLDG CORP (SOLEIN 7.25 06/15/31 144A) | Corporate Bond - Domestic · principal | 2,165,000 | $2.2M | New |
| XPLR INFRAST OPERATING (XIFR 7.25 01/15/29 144A) | Corporate Bond - Domestic · principal | 2,110,000 | $2.2M | New |
| OCP CLO 2024-37 Ltd | Collateralized Loan Obligation CLO · principal | 2,090,000 | $2.1M | New |
| VISTRA OPERATIONS CO LLC (VST 4.375 05/01/29 144A) | Corporate Bond - Domestic · principal | 2,155,000 | $2.1M | New |
| ANTERO MIDSTREAM PART/FI (AM 5.375 06/15/29 144A) | Corporate Bond - Domestic · principal | 2,110,000 | $2.1M | New |
| CALPINE LLC (CPN 5.125 03/15/28 144A) | Corporate Bond - Domestic · principal | 2,085,000 | $2.1M | New |
| SPX FLOW INC (FLOW 8.75 04/01/30 144A) | Corporate Bond - Domestic · principal | 2,000,000 | $2.1M | New |
| ENERGY TRANSFER LP (ET V7.125 10/01/54) | Corporate Bond - Domestic · principal | 2,000,000 | $2.1M | New |
| CAESARS ENTERTAIN INC (CZR 4.625 10/15/29 144A) | Corporate Bond - Domestic · principal | 2,145,000 | $2.0M | New |
| AIMCO CLO Series 2018-B | Collateralized Loan Obligation CLO · principal | 2,000,000 | $2.0M | No change |
| Magnetite XXXVII Ltd | Collateralized Loan Obligation CLO · principal | 2,000,000 | $2.0M | No change |
| GoldenTree Loan Management US CLO 25 Ltd | Collateralized Loan Obligation CLO · principal | 2,000,000 | $2.0M | New |
| OHA Credit Funding 5 Ltd | Collateralized Loan Obligation CLO · principal | 2,000,000 | $2.0M | No change |
| Elmwood CLO 34 Ltd | Collateralized Loan Obligation CLO · principal | 2,000,000 | $2.0M | No change |
| CarVal CLO VII-C Ltd | Collateralized Loan Obligation CLO · principal | 2,000,000 | $2.0M | No change |
| CIFC Funding 2019-VI Ltd | Collateralized Loan Obligation CLO · principal | 2,000,000 | $2.0M | No change |
| OCP CLO 2017-14 Ltd | Collateralized Loan Obligation CLO · principal | 2,000,000 | $2.0M | New |
| TK ELEVATOR HOLDCO GMBH (THYELE 7.625 07/15/28 144A) | Corporate Bond - Foreign US$ · principal | 2,000,000 | $2.0M | New |
| Parallel 2020-1 Ltd | Collateralized Loan Obligation CLO · principal | 2,000,000 | $2.0M | No change |
| CZR Caesars Entertainment Inc | Bank Loan · principal | 2,000,000 | $2.0M | New |
| Aimco CLO 15 Ltd | Collateralized Loan Obligation CLO · principal | 2,000,000 | $2.0M | No change |
| Engineered Machinery Holdings Inc | Bank Loan · principal | 1,974,490 | $2.0M | Reduce -0.3% |
| AssuredPartners Inc | Bank Loan · principal | 1,980,000 | $2.0M | Reduce -0.3% |
| MEDLINE BORROWER LP (MEDIND 3.875 04/01/29 144A) | Corporate Bond - Domestic · principal | 2,060,000 | $2.0M | New |
| Bowling Green Park CLO LLC | Collateralized Loan Obligation CLO · principal | 2,000,000 | $2.0M | No change |
| Pregis Corp T/L (05/25) | Bank Loan · principal | 1,959,024 | $2.0M | New |
| SEAWORLD PARKS & ENTERTA (PRKS 5.25 08/15/29 144A) | Corporate Bond - Domestic · principal | 2,000,000 | $2.0M | New |
| BWX TECHNOLOGIES INC (BWXT 4.125 04/15/29 144A) | Corporate Bond - Domestic · principal | 2,000,000 | $1.9M | New |
| Trimaran Cavu 2021-3 Ltd | Collateralized Loan Obligation CLO · principal | 1,925,000 | $1.9M | No change |
| Magnetite XXII Ltd | Collateralized Loan Obligation CLO · principal | 1,900,000 | $1.9M | No change |
| Galaxy 34 Clo Ltd | Collateralized Loan Obligation CLO · principal | 1,875,000 | $1.9M | No change |
| UKG INC (ULTI 6.875 02/01/31 144A) | Corporate Bond - Domestic · principal | 1,820,000 | $1.9M | New |
| ENERFLEX LTD (EFXCN 9 10/15/27 144A) | Corporate Bond - Foreign US$ · principal | 1,800,000 | $1.9M | New |
| Flatiron CLO 32 Ltd | Collateralized Loan Obligation CLO · principal | 1,825,000 | $1.8M | New |
| Dynasty Acquisition T/L B-2 (10/24) (DAE Aviation) (Standard Aero) (BL0899205 ) | Bank Loan · principal | 1,786,633 | $1.8M | Reduce -0.3% |
| MERLIN ENTERTAINMENTS GR (MERLLN 7.375 02/15/31 144A) | Corporate Bond - Domestic · principal | 2,000,000 | $1.8M | New |
| HUB International T/L B (1/25) | Bank Loan · principal | 1,692,962 | $1.7M | Reduce -14.6% |
| Clover CLO 2018-1 LLC | Collateralized Loan Obligation CLO · principal | 1,650,000 | $1.7M | No change |
| OHA Loan Funding 2016-1 Ltd | Collateralized Loan Obligation CLO · principal | 1,625,000 | $1.7M | No change |
| Neuberger Berman Loan Advisers Clo 43 Ltd | Collateralized Loan Obligation CLO · principal | 1,670,000 | $1.6M | Add +31.0% |
| Benefit Street Partners CLO XXIV Ltd | Collateralized Loan Obligation CLO · principal | 1,625,000 | $1.6M | No change |
| TransDigm Inc | Bank Loan · principal | 1,605,259 | $1.6M | Reduce -0.3% |
| MAJORDRIVE HOLDINGS IV L (CLUCAR 6.375 06/01/29 144A) | Corporate Bond - Domestic · principal | 2,000,000 | $1.6M | New |
| Elmwood CLO 28 Ltd | Collateralized Loan Obligation CLO · principal | 1,550,000 | $1.6M | New |
| Goldentree Loan Management US Clo 6 Ltd | Collateralized Loan Obligation CLO · principal | 1,575,000 | $1.5M | No change |
| Wellington Management Clo 2 Ltd | Collateralized Loan Obligation CLO · principal | 1,510,000 | $1.5M | Add +51.0% |
| NRG ENERGY INC (NRG 3.625 02/15/31 144A) | Corporate Bond - Domestic · principal | 1,645,000 | $1.5M | New |
| Neuberger Berman Loan Advisers CLO 48 Ltd | Collateralized Loan Obligation CLO · principal | 1,500,000 | $1.5M | No change |
| Flatiron CLO 20 Ltd | Collateralized Loan Obligation CLO · principal | 1,500,000 | $1.5M | No change |
| United Airlines T/L B | Bank Loan · principal | 1,495,447 | $1.5M | Reduce -0.3% |
| Magnetite Xxx Ltd | Collateralized Loan Obligation CLO · principal | 1,475,000 | $1.5M | No change |
| Iris Holding Inc | Bank Loan · principal | 1,484,772 | $1.4M | Reduce -0.3% |
| BOOST NEWCO BORROWER LLC (WRLDPY 7.5 01/15/31 144A) | Corporate Bond - Domestic · principal | 1,295,000 | $1.4M | New |
| OHA Credit Partners XI Ltd | Collateralized Loan Obligation CLO · principal | 1,330,000 | $1.3M | No change |
| Neuberger Berman Loan Advisers Clo 56 Ltd | Collateralized Loan Obligation CLO · principal | 1,275,000 | $1.3M | New |
| OHA Credit Funding 22 Ltd | Collateralized Loan Obligation CLO · principal | 1,275,000 | $1.3M | New |
| Elmwood CLO 17 Ltd | Collateralized Loan Obligation CLO · principal | 1,275,000 | $1.3M | No change |
| Symphony CLO 37 Ltd | Collateralized Loan Obligation CLO · principal | 1,250,000 | $1.3M | No change |
| Flatiron CLO 21 Ltd | Collateralized Loan Obligation CLO · principal | 1,250,000 | $1.2M | No change |
| Diameter Capital Clo 6 Ltd | Collateralized Loan Obligation CLO · principal | 1,200,000 | $1.2M | No change |
| Neuberger Berman Loan Advisers CLO 41 Ltd | Collateralized Loan Obligation CLO · principal | 1,200,000 | $1.2M | No change |
| Invesco US CLO 2023-1 Ltd | Collateralized Loan Obligation CLO · principal | 1,180,000 | $1.2M | New |
| OHA Credit Partners XIV Ltd | Collateralized Loan Obligation CLO · principal | 1,175,000 | $1.2M | No change |
| Nouryon Finance T/L B (10/24) | Bank Loan · principal | 1,173,512 | $1.2M | Reduce -0.3% |
| Flatiron RR CLO 22 LLC | Collateralized Loan Obligation CLO · principal | 1,200,000 | $1.2M | No change |
| Carnival Corp 2028 T/L (01/25) | Bank Loan · principal | 1,148,779 | $1.2M | No change |
| MAGNE RE4YDT E (MAGNE RE4YDT E) | Collateralized Loan Obligation CLO · principal | 1,125,000 | $1.1M | No change |
| Birch Grove CLO 12 Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.1M | No change |
| Neuberger Berman Loan Advisers Clo 42 Ltd | Collateralized Loan Obligation CLO · principal | 1,050,000 | $1.0M | No change |
| Ocean Trails Clo XVI Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | New |
| OHA Credit Funding 1 LTD | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| CIFC Funding 2024-I Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| Magnetite XXIX Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| OHA Credit Partners XVI | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| CIFC Falcon 2020 Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| Palmer Square Loan Funding 2022-4 Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| RR 8 Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| US TREASURY N/B (T 4.25 12/31/26) | FIX · principal | 1,000,000 | $1.0M | No change |
| Magnetite XXXI Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | Add +100.0% |
| Beechwood Park CLO Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| Goldentree Loan Management US Clo 12 Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | New |
| Palmer Square Loan Funding 2024-3 Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| Palmer Square Loan Funding 2024-2 Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| Octagon 54 Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| Harbor Park CLO Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| TCI-Flatiron CLO 2016-1 Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| Benefit Street Partners CLO XXIX Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $1.0M | No change |
| Clover CLO 2021-3 LLC | Collateralized Loan Obligation CLO · principal | 1,000,000 | $996K | No change |
| Benefit Street Partners CLO XXV Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $994K | No change |
| Boost Newco Borrower T/L B (01/25) | Bank Loan · principal | 990,000 | $994K | No change |
| Goldentree Loan Management US CLO 1 Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $980K | No change |
| MajorDrive Holdings IV LLC | Bank Loan · principal | 989,796 | $979K | Reduce -0.3% |
| Elanco Animal Health Inc | Bank Loan · principal | 872,098 | $872K | Reduce -11.3% |
| OCP CLO 2025-40 Ltd | Collateralized Loan Obligation CLO · principal | 1,000,000 | $871K | No change |
| Bausch plus Lomb Corp | Bank Loan · principal | 859,294 | $859K | Reduce -13.8% |
| Flatiron CLO 32 Ltd. Preferred | Corporate Bond - Domestic · principal | 1,000,000 | $849K | New |
| AIMCO CLO 10 Ltd | Collateralized Loan Obligation CLO · principal | 825,000 | $839K | No change |
| Gates Global T/L (5/24) | Bank Loan · principal | 748,120 | $749K | Reduce -0.3% |
| Arby's/Inspire Brands 12/24 T/L B | Bank Loan · principal | 726,241 | $727K | Reduce -1.6% |
| Greenacre Park CLO LLC | Collateralized Loan Obligation CLO · principal | 700,000 | $709K | New |
Largest 200 of 1,284 shown.
Total filed on the 13F, all lines: $39.4B.
Portfolio Sells Q1 2025 → Q2 2025
| LOW Lowe's Cos Inc. | Reduce -97.7% | 0.03% | −1.20 |
| HCA HCA Healthcare Inc. | Reduce -98.9% | 0.01% | −1.19 |
| UBER Uber Technologies Inc. | Reduce -96.7% | 0.05% | −1.17 |
| CAT Caterpillar Inc. | Reduce -97.3% | 0.04% | −1.17 |
| AMAT Applied Materials Inc. | Reduce -95.6% | 0.06% | −1.08 |
| SCCO Southern Copper Corp. | Reduce -94.4% | 0.04% | −0.61 |
| EMR Emerson Electric Co. | Reduce -97.6% | 0.02% | −0.60 |
| PCAR Paccar Inc. | Reduce -96.2% | 0.02% | −0.51 |
| MPC Marathon Petroleum Corp. | Reduce -42.7% | 0.87% | −0.45 |
| GEN Gen Digital Inc. | Reduce -65.6% | 0.27% | −0.42 |
| NRG NRG Energy Inc. | Reduce -97.1% | 0.02% | −0.39 |
| WAB Wabtec Corp. | Reduce -97.7% | 0.01% | −0.34 |
| HPE Hewlett Packard Enterprise | Reduce -97.7% | 0.01% | −0.32 |
| BLDR Builders Firstsource Inc. | Reduce -99.0% | 0.00% | −0.28 |
| WPC WP Carey Inc. | Reduce -94.3% | 0.02% | −0.27 |
| FLEX Flex Ltd. | Reduce -99.2% | 0.00% | −0.24 |
| VLO Valero Energy Corp. | Reduce -26.9% | 0.74% | −0.24 |
| CVX Chevron Corp. | Reduce -2.5% | 1.26% | −0.23 |
| EME Emcor Group Inc. | Reduce -62.7% | 0.28% | −0.23 |
| TDY Teledyne Technologies Inc. | Reduce -97.6% | 0.01% | −0.23 |
| XOM Exxon Mobil Corp. | Reduce -6.6% | 1.32% | −0.22 |
| COP Conocophillips | Reduce -1.9% | 1.24% | −0.22 |
| GILD Gilead Sciences Inc. | Reduce -15.7% | 1.19% | −0.22 |
| MO Altria Group Inc. | Reduce -12.6% | 1.26% | −0.20 |
| T AT&T Inc. | Reduce -16.0% | 1.27% | −0.19 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.19 |
| BP BP PLC-Spons ADR | Sold out | 0.00% | −0.19 |
| HRL Hormel Foods Corp. | Reduce -98.6% | 0.00% | −0.18 |
| WCC Wesco International Inc. | Sold out | 0.00% | −0.18 |
| CSL Carlisle Cos Inc. | Reduce -96.2% | 0.01% | −0.18 |
| MTZ Mastec Inc. | Reduce -98.1% | 0.01% | −0.18 |
| BTI British American Tob-SP ADR | Sold out | 0.00% | −0.18 |
| MAS Masco Corp. | Reduce -98.2% | 0.00% | −0.17 |
| VZ Verizon Communications Inc. | Reduce -8.4% | 1.21% | −0.16 |
| BAH Booz Allen Hamilton Holdings | Sold out | 0.00% | −0.15 |
| TGT Target Corp. | Reduce -12.8% | 0.74% | −0.15 |
| F Ford Motor Co. | Reduce -18.4% | 1.13% | −0.14 |
| PNR Pentair PLC | Reduce -97.7% | 0.00% | −0.14 |
| EOG EOG Resources Inc. | Reduce -4.5% | 1.18% | −0.13 |
| TTE Totalenergies SE -Spon ADR | Sold out | 0.00% | −0.13 |
| SNY Sanofi-ADR | Sold out | 0.00% | −0.13 |
| DINO HF Sinclair Corp. | Sold out | 0.00% | −0.13 |
| RHHBY Roche Holdings Ltd.-Spons ADR | Sold out | 0.00% | −0.13 |
| ACN Accenture PLC Class A | Reduce -7.7% | 1.04% | −0.12 |
| TWLO Twilio Inc. Class A | Reduce -100.0% | 0.00% | −0.12 |
| NVS Novartis AG-Sponsored ADR | Sold out | 0.00% | −0.12 |
| HPQ HP Inc. | Reduce -10.0% | 0.49% | −0.12 |
| ILMN Illumina Inc. | Sold out | 0.00% | −0.12 |
| CRM Salesforce Inc. | Reduce -11.6% | 1.15% | −0.12 |
| ENB Enbridge Inc. | Sold out | 0.00% | −0.11 |
Portfolio Buys Q1 2025 → Q2 2025
| DIS The Walt Disney Co. | Add +3923.6% | 1.21% | +1.18 |
| ADBE Adobe Inc. | Add +1868.7% | 1.08% | +1.02 |
| MCK McKesson Corp. | Add +4968.4% | 1.02% | +1.00 |
| COR Cencora Inc. | Add +6309.3% | 0.71% | +0.69 |
| NVDA Nvidia Corp. | Add +51.1% | 1.24% | +0.68 |
| MSFT Microsoft Corp. | Add +55.5% | 1.14% | +0.59 |
| PSX Phillips 66 | Add +920.8% | 0.58% | +0.53 |
| CAH Cardinal Health Inc. | Add +5814.7% | 0.51% | +0.50 |
| AVGO Broadcom Inc. | Add +67.7% | 0.65% | +0.42 |
| STZ Constellation Brands Inc. Class A | Add +10222.4% | 0.35% | +0.34 |
| CNH CNH Industrial NV | Add +9856.1% | 0.34% | +0.33 |
| CF CF Industries Holdings Inc. | Add +72.7% | 0.60% | +0.31 |
| DLTR Dollar Tree Inc. | Add +11505.9% | 0.31% | +0.31 |
| KEYS Keysight Technologies Inc. | Add +7347.3% | 0.30% | +0.30 |
| IT Gartner Inc. | Add +6757.2% | 0.30% | +0.30 |
| AMZN Amazon.com Inc. | Add +51.9% | 0.66% | +0.29 |
| AAPL Apple Inc. | Add +54.3% | 0.92% | +0.28 |
| META Meta Platforms Inc. Class A | Add +47.6% | 0.59% | +0.28 |
| THC Tenet Healthcare Corp. | New | 0.27% | +0.27 |
| WDC Western Digital Corp. | Add +3578.8% | 0.23% | +0.23 |
| FOXA Fox Corp. Class A | Add +10865.9% | 0.23% | +0.23 |
| NKE Nike Inc. Class B | Add +10.2% | 1.14% | +0.22 |
| NEM Newmont Corp. | Add +9.1% | 0.89% | +0.22 |
| OKTA Okta Inc. | Add +676.3% | 0.25% | +0.21 |
| ZBH Zimmer Biomet Holdings Inc. | Add +8339.1% | 0.21% | +0.20 |
| CAG Conagra Brands Inc. | Add +15514.9% | 0.20% | +0.20 |
| USFD US Foods Holding Corp. | Add +18357.5% | 0.20% | +0.20 |
| UAL United Airlines Holdings Inc. | Add +4.2% | 1.10% | +0.19 |
| CCK Crown Holdings Inc. | Add +5444.5% | 0.20% | +0.19 |
| SHELL PLC | New | 0.19% | +0.19 |
| CART Maplebear Inc. | New | 0.19% | +0.19 |
| BP PLC | New | 0.18% | +0.18 |
| FTI Technipfmc PLC | New | 0.18% | +0.18 |
| British American Tobacco PLC | Add +286751.9% | 0.18% | +0.18 |
| DVA Davita Inc. | Add +4437.7% | 0.17% | +0.17 |
| ACM Aecom | Add +14008.0% | 0.16% | +0.16 |
| EXEL Exelixis Inc. | Add +184.3% | 0.22% | +0.16 |
| APA Apa Corp. | Add +16949.3% | 0.15% | +0.15 |
| PLTR Palantir Technologies Inc. Class A | Add +11.0% | 0.33% | +0.15 |
| PEP Pepsico Inc. | Add +294.3% | 0.20% | +0.14 |
| EXPD Expeditors Intl Wash Inc. | Add +2555.6% | 0.15% | +0.14 |
| BBWI Bath & Body Works Inc. | New | 0.14% | +0.14 |
| NFLX Netflix Inc. | Add +47.1% | 0.25% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +55.4% | 0.30% | +0.13 |
| NOVARTIS AG-REG | Add +120190.8% | 0.13% | +0.13 |
| TSLA Tesla Inc. | Add +39.2% | 0.30% | +0.13 |
| TOTAL SE | Add +219.3% | 0.19% | +0.13 |
| BHP GROUP LTD | Add +243.3% | 0.18% | +0.13 |
| ROCHE HOLDING AG-GENUSSCHEIN | Add +124860.7% | 0.12% | +0.12 |
| TER Teradyne Inc. | Add +5598.8% | 0.13% | +0.12 |
Options Activity Q1 2025 → Q2 2025
| SPY 09/30/2025 6.37 C | call | Reduce -14.9% | 1,592 | $97.0M |
| SPY 03/31/2026 6.21 C | call | New | 1,589 | $96.5M |
| SPY 12/31/2025 6.51 C | call | Reduce -8.2% | 1,443 | $87.7M |
| SPY 03/31/2026 6.15 C | call | New | 1,325 | $80.5M |
| SPY 06/30/2025 6.04 C | call | Reduce -7.6% | 1,228 | $75.1M |
| SPY 03/31/2025 5.81 C | call | Sold out | 1,337 | $74.0Mbefore exit |
| SPY 12/31/2025 6.56 C | call | Add +1.4% | 863 | $52.5M |
| SPY 09/30/2025 6.31 C | call | Reduce -6.8% | 647 | $39.4M |
| SPY 06/30/2025 5.99 C | call | Reduce -8.7% | 610 | $37.3M |
| SPY 03/31/2025 5.75 C | call | Sold out | 659 | $36.5Mbefore exit |
| SPY 12/31/2025 6.45 C | call | Reduce -4.4% | 521 | $31.7M |
| SPY 06/30/2025 6.1 C | call | Reduce -16.3% | 390 | $23.9M |
| SPY 03/31/2026 6.27 C | call | New | 384 | $23.3M |
| SPY 03/31/2025 5.86 C | call | Sold out | 411 | $22.8Mbefore exit |
| SPY 03/31/2026 559.45 P | put | New | 1,589 | $2.5M |
| SPY 12/31/2025 586.14 P | put | Reduce -8.2% | 1,443 | $2.3M |
| SPY 03/31/2026 531.42 P | put | New | 1,325 | $1.5M |
| SPY 12/31/2025 586.08 P | put | Add +1.4% | 863 | $1.3M |
| SPY 09/30/2025 573.82 P | put | Reduce -14.9% | 1,592 | $1.1M |
| SPY 03/31/2026 559.39 P | put | New | 384 | $592K |
| SPY 12/31/2025 556.78 P | put | Reduce -4.4% | 521 | $566K |
| SPY 09/30/2025 545.07 P | put | Reduce -6.8% | 647 | $273K |
| SPY 12/31/2025 351.65 P | put | Add +1.4% | 863 | $109K |
| SPY 03/31/2026 335.63 P | put | New | 384 | $72K |
| SPY 06/30/2025 544.27 P | put | Reduce -7.6% | 1,228 | $0 |
| SPY 06/30/2025 544.22 P | put | Reduce -16.3% | 390 | $0 |
| SPY 06/30/2025 517.01 P | put | Reduce -8.7% | 610 | $0 |
| SPY 06/30/2025 326.53 P | put | Reduce -16.3% | 390 | $0 |
| SPY 03/31/2025 313.84 P | put | Sold out | 411 | $0before exit |
| SPY 03/31/2025 496.92 P | put | Sold out | 659 | $0before exit |
| SPY 03/31/2025 523.07 P | put | Sold out | 411 | $0before exit |
| SPY 03/31/2025 523.12 P | put | Sold out | 1,337 | $0before exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| TREASURY BILL (B 0 06/12/25) | BIL · principal | Sold out | 1,699,000,000 | $1.7Bbefore exit |
| United States Treasury Bill | Treasury Bill · principal | Sold out | 498,202,000 | $495.3Mbefore exit |
| TREASURY BILL (B 0 09/04/25) | BIL · principal | New | 429,567,000 | $426.3M |
| TREASURY BILL (B 0 06/05/25) | FIX · principal | Sold out | 407,100,000 | $404.0Mbefore exit |
| TREASURY BILL (B 0 05/15/25) | BIL · principal | Sold out | 55,190,000 | $54.9Mbefore exit |
| TREASURY BILL (B 0 04/03/25) | BIL · principal | Sold out | 16,806,000 | $16.8Mbefore exit |
| US TREASURY N/B (T 4.625 06/30/25) | FIX · principal | Sold out | 14,000,000 | $14.0Mbefore exit |
| US TREASURY N/B (T 4.375 05/15/34) | TREASURY · principal | Sold out | 7,625,000 | $7.7Mbefore exit |
| US TREASURY N/B (T 4.25 11/15/34) | TREASURY · principal | Sold out | 7,625,000 | $7.6Mbefore exit |
| US TREASURY N/B (T 4 02/15/34) | TREASURY · principal | Sold out | 7,625,000 | $7.5Mbefore exit |
| US TREASURY N/B (T 3.875 08/15/34) | TREASURY · principal | Sold out | 7,625,000 | $7.4Mbefore exit |
| US TREASURY N/B (T 4.5 11/15/33) | NOT · principal | Sold out | 7,240,000 | $7.4Mbefore exit |
| US TREASURY N/B (T 3.875 08/15/33) | NOT · principal | Sold out | 6,860,000 | $6.7Mbefore exit |
| US TREASURY N/B (T 4.125 11/15/32) | TREASURY · principal | Sold out | 6,285,000 | $6.3Mbefore exit |
| US TREASURY N/B (T 3.5 02/15/33) | NOT · principal | Sold out | 6,285,000 | $6.0Mbefore exit |
| US TREASURY N/B (T 2.875 05/15/32) | NOT · principal | Sold out | 6,480,000 | $6.0Mbefore exit |
| US TREASURY N/B (T 3.375 05/15/33) | NOT · principal | Sold out | 6,285,000 | $6.0Mbefore exit |
| US TREASURY N/B (T 2.75 08/15/32) | NOT · principal | Sold out | 6,285,000 | $5.7Mbefore exit |
| Barnes Group T/L B | Bank Loan · principal | Add +6.7% | 5,333,000 | $5.3M |
| 1011778 BC ULC | Bank Loan · principal | Reduce -0.3% | 5,279,057 | $5.3M |
| Graham Packaging T/L B (07/24) - target | Bank Loan · principal | Reduce -1.0% | 5,146,301 | $5.2M |
| Polaris Newco LLC | Bank Loan · principal | Add +23.5% | 5,191,759 | $5.1M |
| CIFC Funding 2024-II Ltd | Collateralized Loan Obligation CLO · principal | Sold out | 5,000,000 | $5.0Mbefore exit |
| Hyperion Refinance S.a.r.l. T/L B (11/24) | Bank Loan · principal | Reduce -0.3% | 4,987,469 | $5.0M |
| Aimco CLO 15 Ltd | Collateralized Loan Obligation CLO · principal | Sold out | 5,000,000 | $5.0Mbefore exit |
| Magnetite XXI Ltd | Collateralized Loan Obligation CLO · principal | Sold out | 5,000,000 | $5.0Mbefore exit |
| Great Outdoors (Bass Pro Shops) T/L (1/25) | Bank Loan · principal | Reduce -0.3% | 4,987,500 | $5.0M |
| Fertitta Entertainment LLC/NV | Bank Loan · principal | Reduce -0.3% | 4,987,147 | $5.0M |
| Chariot Buyer LLC | Bank Loan · principal | Add +404.6% | 4,969,355 | $5.0M |
| Asplundh Tree Expert LLC | Bank Loan · principal | Reduce -0.3% | 4,960,982 | $5.0M |
| 8th Avenue Food & Provisions Inc | Bank Loan · principal | Reduce -0.3% | 4,970,871 | $5.0M |
| Allied Universal Holdco LLC | Bank Loan · principal | Add +24.9% | 4,944,151 | $5.0M |
| Wec US Holdings Ltd | Bank Loan · principal | Reduce -0.3% | 4,964,987 | $5.0M |
| Whatabrands/Whataburger (12/24) T/L B | Bank Loan · principal | Reduce -0.3% | 4,952,486 | $5.0M |
| KKR Apple Bidco T/L (02/25) | Bank Loan · principal | Add +406.4% | 4,962,412 | $5.0M |
| Madison IAQ LLC | Bank Loan · principal | Add +68.0% | 4,941,862 | $5.0M |
| CoreLogic Inc | Bank Loan · principal | Reduce -0.3% | 4,948,822 | $4.9M |
| Quikrete Holdings T/L B1 (2/25) | Bank Loan · principal | Reduce -0.3% | 4,904,492 | $4.9M |
| StubHub Holdco Sub LLC | Bank Loan · principal | Reduce -0.3% | 4,987,247 | $4.9M |
| ABRA Auto Body/Caliber Collision (1/25) T/L B | Bank Loan · principal | Reduce -0.3% | 4,847,955 | $4.8M |
| TREASURY BILL (B 0 08/28/25) | BIL · principal | New | 4,860,000 | $4.8M |
| AthenaHealth Group Inc | Bank Loan · principal | Add +26.3% | 4,789,092 | $4.8M |
| Medline Borrower LP | Bank Loan · principal | Reduce -0.3% | 4,762,927 | $4.8M |
| Motion Finco Sarl | Bank Loan · principal | Add +66.4% | 4,982,525 | $4.8M |
| Dynasty Acquisition T/L B-1 (10/24) (DAE Aviation) (Standard Aero) | Bank Loan · principal | Reduce -0.3% | 4,697,117 | $4.7M |
| SeaWorld Parks & Entertainment T/L B3 (11/24) | Bank Loan · principal | Reduce -0.3% | 4,673,580 | $4.7M |
| Neuberger Berman Loan Advisers CLO 32 Ltd | Collateralized Loan Obligation CLO · principal | New | 4,507,189 | $4.5M |
| TK Elevator Midco (ThyssenKrupp) T/L B (2/25) | Bank Loan · principal | New | 4,472,569 | $4.5M |
| Clark Equipment (Doosan Bobcat/Doosan Infracore) T/L B (6/24) | Bank Loan · principal | Reduce -0.3% | 4,460,106 | $4.5M |
| TK Elevator US Newco Inc | Bank Loan · principal | Sold out | 4,483,778 | $4.5Mbefore exit |
Showing the first 50 of 1,276.
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 | 2,582 | $38.5B | NVDA, BMY, MO, CMCSA, AAPL |
| Q1 2026Amended | 2,321 | $34.9B | COP, BMY, MO, PFE, T |
| Q4 2025Amended | 2,340 | $37.4B | NVDA, NEM, XOM, CMCSA, U.S. Bank Money Market Deposit Account |
| Q3 2025 | 2,323 | $38.1B | NVDA, AMAT, XOM, NEM, MO |
| Q2 2025 | 2,113 | $38.3B | XOM, CSCO, CMCSA, T, MO |
| Q1 2025 | 3,367 | $38.7B | XOM, CVX, COP, MO, T |
| Q4 2024 | 3,266 | $44.6B | GILD, XOM, T, BMY, CVX |
| Q3 2024 | 2,288 | $45.6B | BMY, CVX, HPE, T, QCOM |
| Q2 2024 | 2,408 | $42.5B | GILD, T, EOG, LNG, BMY |
| Q1 2024 | 2,399 | $42.1B | XOM, MMM, VLO, VST, BMY |