Panagora Asset Management Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Panagora Asset Management Inc. reported 1,098 stock positions worth $20.0 billion. Its top holding was Apple (AAPL) at 6.4% of the portfolio, followed by Nvidia (NVDA, 5.7%) and Microsoft (MSFT, 4.3%). Compared with Q4 2024, it opened 96 new positions, sold out of 127, added to 399 and reduced 460. The biggest buy was Unitedhealth (UNH, shares +94%) and the biggest sale Microsoft (MSFT, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0000883677
- Portfolio Value
- $20.0B (Q1 2025)
- SEC Filing
- 0001172661-25-002054 ↗ filed May 15, 2025
Holdings Value
Holdings 1,098 stocks · $20.0B
| AAPL Apple Inc. | 6.42% | 5,782,588 | $1.3B | Add +2.3% |
| NVDA Nvidia Corp. | 5.72% | 10,559,131 | $1.1B | Add +0.1% |
| MSFT Microsoft Corp. | 4.35% | 2,318,160 | $870.2M | Reduce -8.1% |
| AMZN Amazon.com Inc. | 3.93% | 4,135,050 | $786.7M | Add +2.9% |
| META Meta Platforms Inc. Class A | 3.13% | 1,086,428 | $626.2M | Reduce -2.2% |
| V Visa Inc. Class A | 1.65% | 943,600 | $330.7M | Add +8.5% |
| MA Mastercard Inc. Class A | 1.56% | 570,582 | $312.7M | Reduce -2.1% |
| GOOGL Alphabet Inc. Class A | 1.52% | 1,971,026 | $304.8M | Reduce -4.4% |
| UNH Unitedhealth Group Inc. | 1.33% | 508,849 | $266.5M | Add +93.8% |
| AVGO Broadcom Inc. | 1.30% | 1,551,735 | $259.8M | Add +92.8% |
| WFC Wells Fargo & Co. | 1.28% | 3,560,519 | $255.6M | Reduce -7.6% |
| CRM Salesforce Inc. | 1.15% | 854,537 | $229.3M | Add +9.0% |
| WMT Walmart Inc. | 1.10% | 2,506,365 | $220.0M | Reduce -21.8% |
| JPM JPMorgan Chase & Co. | 1.05% | 854,972 | $209.7M | Add +8.6% |
| GOOG Alphabet Inc. Class C | 1.04% | 1,329,250 | $207.7M | Reduce -2.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.99% | 371,962 | $198.1M | Add +3.5% |
| PGR Progressive Corp. | 0.98% | 691,546 | $195.7M | Add +16.7% |
| TSLA Tesla Inc. | 0.96% | 743,694 | $192.7M | Add +2.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.95% | 4,537,532 | $189.4M | Add +2.0% |
| GILD Gilead Sciences Inc. | 0.91% | 1,621,524 | $181.7M | Add +98.9% |
| BMY Bristol-Myers Squibb Co. | 0.85% | 2,777,790 | $169.4M | Add +21.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.81% | 1,333,186 | $162.4M | Add +21.8% |
| ETR Entergy Corp. | 0.75% | 1,756,357 | $150.2M | Reduce -30.1% |
| UBER Uber Technologies Inc. | 0.74% | 2,046,649 | $149.1M | Add +7.4% |
| TT Trane Technologies PLC | 0.73% | 435,967 | $146.9M | Reduce -3.1% |
| NOW ServiceNow Inc. | 0.73% | 183,806 | $146.3M | Reduce -18.0% |
| SPG Simon Property Group Inc. | 0.73% | 874,571 | $145.2M | Reduce -12.8% |
| PLTR Palantir Technologies Inc. Class A | 0.71% | 1,672,720 | $141.2M | Add +1.2% |
| HIG Hartford Insurance Group Inc. | 0.70% | 1,139,831 | $141.0M | Reduce -6.8% |
| DTE DTE Energy Company | 0.69% | 998,559 | $138.1M | Reduce -2.9% |
| EOG EOG Resources Inc. | 0.68% | 1,063,919 | $136.4M | Reduce -9.4% |
| COST Costco Wholesale Corp. | 0.64% | 135,718 | $128.4M | Reduce -0.8% |
| SYF Synchrony Financial | 0.60% | 2,269,326 | $120.1M | Add +0.3% |
| CL Colgate-Palmolive Co. | 0.59% | 1,266,236 | $118.6M | Add +17.5% |
| LLY Eli Lilly & Co. | 0.58% | 139,537 | $115.2M | Add +1.9% |
| BSX Boston Scientific Corp. | 0.56% | 1,111,377 | $112.1M | Add +17.8% |
| VEEV Veeva Systems Inc. Class A | 0.53% | 460,249 | $106.6M | Reduce -9.3% |
| PH Parker Hannifin Corp. | 0.53% | 173,977 | $105.8M | Add +0.4% |
| FFIV F5 Inc. | 0.50% | 373,084 | $99.3M | Add +14.0% |
| PM Philip Morris International | 0.49% | 624,366 | $99.1M | Add +219.9% |
| CBOE Cboe Global Markets Inc. | 0.49% | 437,423 | $99.0M | Reduce -19.9% |
| EXC Exelon Corp. | 0.48% | 2,073,512 | $95.5M | Add +20.6% |
| MDT Medtronic PLC | 0.47% | 1,045,171 | $93.9M | Add +2.9% |
| SSNC Ss&c Technologies Holdings | 0.44% | 1,050,607 | $87.8M | Add +8.4% |
| TSN Tyson Foods Inc. Class A | 0.44% | 1,373,886 | $87.7M | Add +15.7% |
| COP Conocophillips | 0.42% | 804,998 | $84.5M | Add +2920.2% |
| NFLX Netflix Inc. | 0.42% | 89,786 | $83.7M | Add +1.8% |
| ETN Eaton Corp. PLC | 0.42% | 306,965 | $83.4M | Reduce -14.3% |
| BKNG Booking Holdings Inc. | 0.42% | 18,062 | $83.2M | Add +24.6% |
| SYK Stryker Corp. | 0.41% | 219,916 | $81.9M | Add +0.7% |
| TEAM Atlassian Corp. Class A | 0.41% | 384,600 | $81.6M | New |
| JNJ Johnson & Johnson | 0.38% | 463,631 | $76.9M | Add +27.1% |
| QCOM Qualcomm Inc. | 0.38% | 495,350 | $76.1M | Add +0.1% |
| PINS Pinterest Inc. Class A | 0.37% | 2,415,009 | $74.9M | Add +17.7% |
| MRK Merck & Co. Inc. | 0.37% | 818,928 | $73.5M | Add +175.9% |
| LDOS Leidos Holdings Inc. | 0.37% | 543,668 | $73.4M | Reduce -21.9% |
| WMB Williams Cos Inc. | 0.36% | 1,214,681 | $72.6M | Add +688.5% |
| XOM Exxon Mobil Corp. | 0.36% | 607,549 | $72.3M | Reduce -2.6% |
| FTNT Fortinet Inc. | 0.34% | 715,969 | $68.9M | Add +4.3% |
| COF Capital One Financial Corp. | 0.34% | 382,948 | $68.7M | Add +13427.0% |
| HUBS HubSpot Inc. | 0.34% | 119,635 | $68.3M | Add +8.7% |
| GDDY GoDaddy Inc. Class A | 0.33% | 372,154 | $67.0M | Add +402.2% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.33% | 923,084 | $66.1M | Reduce -44.9% |
| NEM Newmont Corp. | 0.33% | 1,357,812 | $65.6M | Add +21069.5% |
| REGN Regeneron Pharmaceuticals | 0.33% | 102,948 | $65.3M | Reduce -0.3% |
| APO Apollo Global Management Inc. | 0.33% | 475,680 | $65.1M | Add +93.3% |
| VMC Vulcan Materials Co. | 0.32% | 274,275 | $64.0M | Add +341.3% |
| GE General Electric filed as GE AEROSPACE | 0.31% | 308,934 | $61.8M | Add +169.3% |
| TRV The Travelers Cos Inc. | 0.31% | 232,103 | $61.4M | Reduce -20.1% |
| MCK McKesson Corp. | 0.31% | 91,021 | $61.3M | Reduce -9.1% |
| MSI Motorola Solutions Inc. | 0.30% | 138,715 | $60.7M | Reduce -27.8% |
| CMCSA Comcast Corp. Class A | 0.30% | 1,645,251 | $60.7M | Reduce -4.1% |
| LRCX Lam Research Corp. | 0.30% | 821,117 | $59.7M | Reduce -63.8% |
| EQIX Equinix Inc. | 0.30% | 72,793 | $59.4M | Reduce -5.3% |
| INCY Incyte Corp. | 0.29% | 970,823 | $58.8M | Add +100.2% |
| PNR Pentair PLC | 0.29% | 665,116 | $58.2M | Add +0.4% |
| ECL Ecolab Inc. | 0.29% | 228,456 | $57.9M | Add +103.0% |
| KR Kroger Co. | 0.29% | 844,008 | $57.1M | Reduce -64.5% |
| MELI MercadoLibre Inc. | 0.28% | 29,004 | $56.6M | Reduce -0.1% |
| MRSH Marsh & McLennan Cos | 0.28% | 230,704 | $56.3M | Add +81.0% |
| DDOG Datadog Inc. Class A | 0.28% | 559,028 | $55.5M | Reduce -0.2% |
| CEG Constellation Energy | 0.28% | 273,103 | $55.1M | Add +4.9% |
| MPWR Monolithic Power Systems Inc. | 0.27% | 94,479 | $54.8M | Add +37.0% |
| BKR Baker Hughes Co. | 0.27% | 1,222,423 | $53.7M | Reduce -11.4% |
| BDX Becton Dickinson and Co. | 0.27% | 232,007 | $53.1M | Add +8.2% |
| EME Emcor Group Inc. | 0.26% | 142,508 | $52.7M | Reduce -12.5% |
| GEV GE Vernova Inc. | 0.26% | 172,462 | $52.6M | Reduce -33.6% |
| WAB Wabtec Corp. | 0.26% | 288,973 | $52.4M | Reduce -21.7% |
| PEP Pepsico Inc. | 0.26% | 343,144 | $51.5M | Reduce -3.0% |
| HWM Howmet Aerospace Inc. | 0.26% | 394,701 | $51.2M | Reduce -1.2% |
| RSG Republic Services Inc. | 0.25% | 210,357 | $50.9M | Add +771.3% |
| CRH CRH PLC | 0.25% | 578,870 | $50.9M | Reduce -58.3% |
| ALL Allstate Corp. | 0.25% | 241,379 | $50.0M | Reduce -53.6% |
| GNRC Generac Holdings Inc. | 0.25% | 394,041 | $49.9M | Reduce -0.3% |
| AMAT Applied Materials Inc. | 0.25% | 343,218 | $49.8M | Reduce -67.1% |
| WDAY Workday Inc. Class A | 0.25% | 210,684 | $49.2M | Reduce -51.1% |
| A Agilent Technologies Inc. | 0.24% | 414,045 | $48.4M | Reduce -57.6% |
| CRUS Cirrus Logic Inc. | 0.24% | 479,998 | $47.8M | Add +64.4% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.24% | 439,849 | $47.8M | Reduce -44.0% |
| ACM Aecom | 0.24% | 512,214 | $47.5M | Reduce -3.7% |
Portfolio Sells Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | Reduce -8.1% | 4.35% | −0.57 |
| AMAT Applied Materials Inc. | Reduce -67.1% | 0.25% | −0.53 |
| MSCI MSCI Inc. | Reduce -69.9% | 0.24% | −0.53 |
| LRCX Lam Research Corp. | Reduce -63.8% | 0.30% | −0.46 |
| NTAP Netapp Inc. | Reduce -68.5% | 0.13% | −0.39 |
| KR Kroger Co. | Reduce -64.5% | 0.29% | −0.39 |
| ANET Arista Networks Inc. | Reduce -60.6% | 0.16% | −0.37 |
| NOW ServiceNow Inc. | Reduce -18.0% | 0.73% | −0.37 |
| A Agilent Technologies Inc. | Reduce -57.6% | 0.24% | −0.36 |
| CI The Cigna Group | Reduce -72.4% | 0.20% | −0.35 |
| VLO Valero Energy Corp. | Reduce -97.3% | 0.01% | −0.35 |
| CRH CRH PLC | Reduce -58.3% | 0.25% | −0.34 |
| HPE Hewlett Packard Enterprise | Reduce -82.3% | 0.05% | −0.32 |
| EA Electronic Arts Inc. | Reduce -96.7% | 0.01% | −0.30 |
| ABBV Abbvie Inc. | Reduce -65.2% | 0.23% | −0.29 |
| GOOGL Alphabet Inc. Class A | Reduce -4.4% | 1.52% | −0.28 |
| WDAY Workday Inc. Class A | Reduce -51.1% | 0.25% | −0.27 |
| WCN Waste Connections Inc. | Sold out | 0.00% | −0.24 |
| WMT Walmart Inc. | Reduce -21.8% | 1.10% | −0.24 |
| MPC Marathon Petroleum Corp. | Reduce -58.5% | 0.20% | −0.23 |
| CNC Centene Corp. | Reduce -61.7% | 0.16% | −0.23 |
| VMRK Vivmark Residential | Reduce -44.9% | 0.33% | −0.23 |
| ILMN Illumina Inc. | Sold out | 0.00% | −0.22 |
| TWLO Twilio Inc. Class A | Reduce -84.3% | 0.04% | −0.22 |
| ALL Allstate Corp. | Reduce -53.6% | 0.25% | −0.21 |
| ROST Ross Stores Inc. | Reduce -63.7% | 0.10% | −0.20 |
| CCL Carnival Corp. | Reduce -53.3% | 0.13% | −0.20 |
| NVR NVR Inc. | Reduce -87.1% | 0.03% | −0.19 |
| INVH Invitation Homes Inc. | Reduce -80.3% | 0.05% | −0.16 |
| GOOG Alphabet Inc. Class C | Reduce -2.1% | 1.04% | −0.16 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -44.0% | 0.24% | −0.15 |
| LNG Cheniere Energy Inc. | Reduce -98.8% | 0.00% | −0.14 |
| MAS Masco Corp. | Reduce -53.4% | 0.13% | −0.14 |
| DOCU Docusign Inc. | Reduce -53.5% | 0.11% | −0.14 |
| ETN Eaton Corp. PLC | Reduce -14.3% | 0.42% | −0.13 |
| GEV GE Vernova Inc. | Reduce -33.6% | 0.26% | −0.13 |
| ETR Entergy Corp. | Reduce -30.1% | 0.75% | −0.13 |
| NEE Nextera Energy Inc. | Reduce -83.3% | 0.03% | −0.13 |
| LPX Louisiana-Pacific Corp. | Reduce -76.3% | 0.04% | −0.13 |
| VRSK Verisk Analytics Inc. | Reduce -86.6% | 0.02% | −0.12 |
| MSI Motorola Solutions Inc. | Reduce -27.8% | 0.30% | −0.11 |
| LDOS Leidos Holdings Inc. | Reduce -21.9% | 0.37% | −0.10 |
| DDOG Datadog Inc. Class A | Reduce -0.2% | 0.28% | −0.09 |
| HOLX Hologic Inc. | Reduce -23.9% | 0.21% | −0.09 |
| RHP Ryman Hospitality Properties | Sold out | 0.00% | −0.09 |
| SPGI S&P Global Inc. | Reduce -33.6% | 0.23% | −0.08 |
| EME Emcor Group Inc. | Reduce -12.5% | 0.26% | −0.08 |
| EIX Edison International | Reduce -91.9% | 0.01% | −0.08 |
| CRDO Credo Technology Group Holdi | Reduce -4.4% | 0.12% | −0.08 |
| ALSN Allison Transmission Holding | Reduce -40.7% | 0.10% | −0.08 |
Portfolio Buys Q4 2024 → Q1 2025
| UNH Unitedhealth Group Inc. | Add +93.8% | 1.33% | +0.72 |
| GILD Gilead Sciences Inc. | Add +98.9% | 0.91% | +0.56 |
| AVGO Broadcom Inc. | Add +92.8% | 1.30% | +0.44 |
| COP Conocophillips | Add +2920.2% | 0.42% | +0.41 |
| TEAM Atlassian Corp. Class A | New | 0.41% | +0.41 |
| PM Philip Morris International | Add +219.9% | 0.49% | +0.39 |
| V Visa Inc. Class A | Add +8.5% | 1.65% | +0.38 |
| COF Capital One Financial Corp. | Add +13427.0% | 0.34% | +0.34 |
| NEM Newmont Corp. | Add +21069.5% | 0.33% | +0.33 |
| WMB Williams Cos Inc. | Add +688.5% | 0.36% | +0.32 |
| PGR Progressive Corp. | Add +16.7% | 0.98% | +0.32 |
| GDDY GoDaddy Inc. Class A | Add +402.2% | 0.33% | +0.27 |
| BMY Bristol-Myers Squibb Co. | Add +21.5% | 0.85% | +0.25 |
| VMC Vulcan Materials Co. | Add +341.3% | 0.32% | +0.25 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.5% | 0.99% | +0.24 |
| RSG Republic Services Inc. | Add +771.3% | 0.25% | +0.23 |
| MRK Merck & Co. Inc. | Add +175.9% | 0.37% | +0.23 |
| USFD US Foods Holding Corp. | Add +13739.2% | 0.23% | +0.23 |
| FCX Freeport-McMoran Inc. | Add +2133.8% | 0.23% | +0.22 |
| GE General Electric | Add +169.3% | 0.31% | +0.22 |
| TRGP Targa Resources Corp. | Add +1431.0% | 0.23% | +0.22 |
| UBER Uber Technologies Inc. | Add +7.4% | 0.74% | +0.21 |
| STT State Street Corp. | Add +5058.7% | 0.21% | +0.20 |
| TJX TJX Companies Inc. | Add +21.8% | 0.81% | +0.20 |
| KMI Kinder Morgan Inc. | Add +693.7% | 0.22% | +0.20 |
| EXC Exelon Corp. | Add +20.6% | 0.48% | +0.18 |
| JPM JPMorgan Chase & Co. | Add +8.6% | 1.05% | +0.18 |
| BSX Boston Scientific Corp. | Add +17.8% | 0.56% | +0.17 |
| ECL Ecolab Inc. | Add +103.0% | 0.29% | +0.17 |
| MRSH Marsh & McLennan Cos | Add +81.0% | 0.28% | +0.16 |
| AMGN Amgen Inc. | Add +536.3% | 0.16% | +0.14 |
| JNJ Johnson & Johnson | Add +27.1% | 0.38% | +0.14 |
| CL Colgate-Palmolive Co. | Add +17.5% | 0.59% | +0.14 |
| INCY Incyte Corp. | Add +100.2% | 0.29% | +0.14 |
| APO Apollo Global Management Inc. | Add +93.3% | 0.33% | +0.14 |
| JCI Johnson Controls Internation | Add +1541.4% | 0.14% | +0.14 |
| GRMN Garmin Ltd. | Add +144.9% | 0.21% | +0.13 |
| ZBRA Zebra Technologies Corp. Class A | Add +9654.6% | 0.13% | +0.13 |
| KLAC KLA Corp. | Add +3477.3% | 0.13% | +0.13 |
| AME Ametek Inc. | Add +2095.1% | 0.13% | +0.13 |
| PLTR Palantir Technologies Inc. Class A | Add +1.2% | 0.71% | +0.13 |
| VRT Vertiv Holdings Co. Class A | Add +5953.6% | 0.13% | +0.13 |
| RL Ralph Lauren Corp. | Add +4206.3% | 0.13% | +0.13 |
| TSN Tyson Foods Inc. Class A | Add +15.7% | 0.44% | +0.12 |
| RBLX Roblox Corp. Class A | Add +208.1% | 0.17% | +0.12 |
| FFIV F5 Inc. | Add +14.0% | 0.50% | +0.12 |
| CRUS Cirrus Logic Inc. | Add +64.4% | 0.24% | +0.10 |
| ONTO Onto Innovation Inc. | New | 0.10% | +0.10 |
| PINS Pinterest Inc. Class A | Add +17.7% | 0.37% | +0.10 |
| SSNC Ss&c Technologies Holdings | Add +8.4% | 0.44% | +0.10 |
Notes & Other Activity Q4 2024 → Q1 2025
| WINVR Winvest Acquisition Corp.-RTS | RIGHT 99/99/9999 | Sold out | 19,328 | $2Kbefore exit |
| HUDAR Hudson Acquisition I Corp.-RT | RIGHT 99/99/9999 | Sold out | 10,600 | $2Kbefore 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 | 1,163 | $32.6B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q1 2026 | 1,159 | $26.7B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q4 2025 | 1,176 | $28.2B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 1,147 | $24.8B | NVDA, AAPL, MSFT, META, AMZN |
| Q2 2025 | 1,111 | $22.2B | NVDA, MSFT, AAPL, META, AMZN |
| Q1 2025 | 1,098 | $20.0B | AAPL, NVDA, MSFT, AMZN, META |
| Q4 2024 | 1,128 | $21.6B | NVDA, AAPL, MSFT, AMZN, META |
| Q3 2024 | 1,191 | $20.9B | AAPL, NVDA, MSFT, AMZN, META |
| Q2 2024 | 1,180 | $19.9B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2024 | 1,202 | $19.2B | MSFT, AAPL, NVDA, AMZN, META |