Panagora Asset Management Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Panagora Asset Management Inc. reported 1,111 stock positions worth $22.2 billion. Its top holding was Nvidia (NVDA) at 7.2% of the portfolio, followed by Microsoft (MSFT, 5.3%) and Apple (AAPL, 4.7%). Compared with Q1 2025, it opened 135 new positions, sold out of 123, added to 386 and reduced 469. The biggest buy was Microsoft (MSFT, shares +3%) and the biggest sale Apple (AAPL, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0000883677
- Portfolio Value
- $22.2B (Q2 2025)
- SEC Filing
- 0001172661-25-003130 ↗ filed Aug 13, 2025
Holdings Value
Holdings 1,111 stocks · $22.2B
| NVDA Nvidia Corp. | 7.25% | 10,179,214 | $1.6B | Reduce -3.6% |
| MSFT Microsoft Corp. | 5.33% | 2,376,041 | $1.2B | Add +2.5% |
| AAPL Apple Inc. | 4.65% | 5,033,134 | $1.0B | Reduce -13.0% |
| META Meta Platforms Inc. Class A | 3.23% | 970,097 | $716.0M | Reduce -10.7% |
| AMZN Amazon.com Inc. | 3.01% | 3,048,173 | $668.7M | Reduce -26.3% |
| AVGO Broadcom Inc. | 1.72% | 1,387,434 | $382.4M | Reduce -10.6% |
| JPM JPMorgan Chase & Co. | 1.66% | 1,269,325 | $368.0M | Add +48.5% |
| GOOGL Alphabet Inc. Class A | 1.50% | 1,893,766 | $333.7M | Reduce -3.9% |
| MA Mastercard Inc. Class A | 1.48% | 582,772 | $327.5M | Add +2.1% |
| PM Philip Morris International | 1.24% | 1,512,514 | $275.5M | Add +142.3% |
| V Visa Inc. Class A | 1.18% | 735,170 | $261.0M | Reduce -22.1% |
| TSLA Tesla Inc. | 1.17% | 818,670 | $260.1M | Add +10.1% |
| GOOG Alphabet Inc. Class C | 1.10% | 1,371,336 | $243.3M | Add +3.2% |
| PLTR Palantir Technologies Inc. Class A | 1.09% | 1,766,938 | $240.9M | Add +5.6% |
| NOW ServiceNow Inc. | 1.00% | 216,604 | $222.7M | Add +17.8% |
| WMT Walmart Inc. | 0.99% | 2,247,123 | $219.7M | Reduce -10.3% |
| TT Trane Technologies PLC | 0.92% | 465,812 | $203.8M | Add +6.8% |
| UBER Uber Technologies Inc. | 0.88% | 2,082,067 | $194.3M | Add +1.7% |
| DASH DoorDash Inc. Class A | 0.86% | 772,891 | $190.5M | Add +228.7% |
| PGR Progressive Corp. | 0.82% | 682,846 | $182.2M | Reduce -1.3% |
| GILD Gilead Sciences Inc. | 0.79% | 1,587,069 | $176.0M | Reduce -2.1% |
| BKNG Booking Holdings Inc. | 0.79% | 30,210 | $174.9M | Add +67.3% |
| CTAS Cintas Corp. | 0.78% | 776,042 | $173.0M | Add +264.9% |
| SYF Synchrony Financial | 0.74% | 2,464,311 | $164.5M | Add +8.6% |
| WFC Wells Fargo & Co. | 0.74% | 2,040,360 | $163.5M | Reduce -42.7% |
| ANET Arista Networks Inc. | 0.71% | 1,549,486 | $158.5M | Add +282.9% |
| UNH Unitedhealth Group Inc. | 0.71% | 503,764 | $157.2M | Reduce -1.0% |
| DTE DTE Energy Company | 0.71% | 1,186,434 | $157.2M | Add +18.8% |
| QCOM Qualcomm Inc. | 0.67% | 936,182 | $149.1M | Add +89.0% |
| MPC Marathon Petroleum Corp. | 0.66% | 883,763 | $146.8M | Add +217.8% |
| AMGN Amgen Inc. | 0.62% | 490,457 | $136.9M | Add +367.4% |
| NFLX Netflix Inc. | 0.61% | 100,454 | $134.5M | Add +11.9% |
| ETR Entergy Corp. | 0.60% | 1,596,265 | $132.7M | Reduce -9.1% |
| EXC Exelon Corp. | 0.59% | 3,023,389 | $131.3M | Add +45.8% |
| FFIV F5 Inc. | 0.58% | 439,312 | $129.3M | Add +17.8% |
| SPG Simon Property Group Inc. | 0.57% | 786,243 | $126.4M | Reduce -10.1% |
| HIG Hartford Insurance Group Inc. | 0.56% | 971,656 | $123.3M | Reduce -14.8% |
| PNR Pentair PLC | 0.55% | 1,179,687 | $121.1M | Add +77.4% |
| SYK Stryker Corp. | 0.54% | 304,462 | $120.5M | Add +38.4% |
| PH Parker Hannifin Corp. | 0.54% | 171,128 | $119.5M | Reduce -1.6% |
| MCK McKesson Corp. | 0.52% | 158,666 | $116.3M | Add +74.3% |
| BMY Bristol-Myers Squibb Co. | 0.52% | 2,492,859 | $115.4M | Reduce -10.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.51% | 2,370,530 | $112.2M | Reduce -47.8% |
| PANW Palo Alto Networks Inc. | 0.51% | 547,944 | $112.1M | Add +4524.0% |
| COF Capital One Financial Corp. | 0.49% | 509,084 | $108.3M | Add +32.9% |
| LLY Eli Lilly & Co. | 0.48% | 135,944 | $106.0M | Reduce -2.6% |
| PBUS Invesco MSCI USA ETF | 0.46% | 1,649,300 | $102.6M | New |
| HWM Howmet Aerospace Inc. | 0.45% | 535,790 | $99.7M | Add +35.8% |
| AME Ametek Inc. | 0.45% | 547,563 | $99.1M | Add +252.2% |
| INTU Intuit Inc. | 0.43% | 120,501 | $94.9M | Add +87.0% |
| FCX Freeport-McMoran Inc. | 0.41% | 2,099,560 | $91.0M | Add +70.8% |
| ADBE Adobe Inc. | 0.41% | 235,190 | $91.0M | Add +380.5% |
| KO The Coca-Cola Co. | 0.41% | 1,274,156 | $90.1M | Add +429.8% |
| MELI MercadoLibre Inc. | 0.41% | 34,470 | $90.1M | Add +18.9% |
| CRM Salesforce Inc. | 0.40% | 328,134 | $89.5M | Reduce -61.6% |
| MDT Medtronic PLC | 0.40% | 1,016,781 | $88.6M | Reduce -2.7% |
| ALL Allstate Corp. | 0.39% | 426,595 | $85.9M | Add +76.7% |
| USFD US Foods Holding Corp. | 0.38% | 1,108,800 | $85.4M | Add +59.4% |
| PINS Pinterest Inc. Class A | 0.38% | 2,377,327 | $85.3M | Reduce -1.6% |
| NEM Newmont Corp. | 0.38% | 1,445,767 | $84.2M | Add +6.5% |
| RSG Republic Services Inc. | 0.38% | 338,767 | $83.5M | Add +61.0% |
| EA Electronic Arts Inc. | 0.37% | 517,273 | $82.6M | Add +3284.4% |
| RBLX Roblox Corp. Class A | 0.37% | 784,519 | $82.5M | Add +33.1% |
| LRCX Lam Research Corp. | 0.37% | 832,578 | $81.0M | Add +1.4% |
| COR Cencora Inc. | 0.36% | 267,323 | $80.2M | Add +13962.2% |
| DDOG Datadog Inc. Class A | 0.35% | 586,197 | $78.7M | Add +4.9% |
| INDA iShares MSCI India ETF | 0.35% | 1,405,164 | $78.2M | Add +273.5% |
| SPOT Spotify Technology SA | 0.35% | 101,140 | $77.6M | Add +161.6% |
| AMT American Tower Corp. | 0.35% | 350,300 | $77.4M | Add +339.5% |
| VMC Vulcan Materials Co. | 0.35% | 296,493 | $77.3M | Add +8.1% |
| GE General Electric filed as GE AEROSPACE | 0.35% | 299,453 | $77.1M | Reduce -3.1% |
| CVS CVS Health Corp. | 0.35% | 1,116,742 | $77.0M | Add +2675.7% |
| COST Costco Wholesale Corp. | 0.34% | 76,609 | $75.8M | Reduce -43.5% |
| CBOE Cboe Global Markets Inc. | 0.33% | 318,137 | $74.2M | Reduce -27.3% |
| VRT Vertiv Holdings Co. Class A | 0.33% | 572,249 | $73.5M | Add +59.4% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.32% | 996,787 | $71.8M | Add +22.9% |
| BSX Boston Scientific Corp. | 0.32% | 667,889 | $71.7M | Reduce -39.9% |
| ES Eversource Energy | 0.32% | 1,110,122 | $70.6M | Add +310.1% |
| GD General Dynamics Corp. | 0.31% | 239,177 | $69.8M | Add +243.0% |
| CEG Constellation Energy | 0.31% | 211,793 | $68.4M | Reduce -22.4% |
| INCY Incyte Corp. | 0.31% | 1,002,343 | $68.3M | Add +3.3% |
| HUBS HubSpot Inc. | 0.30% | 120,458 | $67.1M | Add +0.7% |
| JNJ Johnson & Johnson | 0.30% | 437,000 | $66.8M | Reduce -5.7% |
| SCHW Schwab (charles) Corp. | 0.30% | 718,255 | $65.5M | Add +3848.2% |
| VEEV Veeva Systems Inc. Class A | 0.29% | 227,142 | $65.4M | Reduce -50.6% |
| TRV The Travelers Cos Inc. | 0.29% | 243,966 | $65.3M | Add +5.1% |
| AMAT Applied Materials Inc. | 0.29% | 351,817 | $64.4M | Add +2.5% |
| EME Emcor Group Inc. | 0.29% | 118,680 | $63.5M | Reduce -16.7% |
| CI The Cigna Group | 0.28% | 189,801 | $62.7M | Add +59.8% |
| NRG NRG Energy Inc. | 0.28% | 387,882 | $62.3M | Reduce -10.9% |
| CW Curtiss-Wright Corp. | 0.28% | 127,003 | $62.0M | Add +46.3% |
| EBAY eBay Inc. | 0.28% | 831,976 | $61.9M | Add +1416.3% |
| MNST Monster Beverage Corp. | 0.28% | 985,934 | $61.8M | Add +2700.2% |
| XOM Exxon Mobil Corp. | 0.28% | 568,554 | $61.3M | Reduce -6.4% |
| CCI Crown Castle Inc. | 0.28% | 595,395 | $61.2M | Add +422.8% |
| WAB Wabtec Corp. | 0.27% | 288,772 | $60.5M | Reduce -0.1% |
| EOG EOG Resources Inc. | 0.27% | 499,999 | $59.8M | Reduce -53.0% |
| PEP Pepsico Inc. | 0.27% | 451,692 | $59.6M | Add +31.6% |
| ACM Aecom | 0.27% | 521,294 | $58.8M | Add +1.8% |
| EQIX Equinix Inc. | 0.26% | 73,371 | $58.4M | Add +0.8% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -13.0% | 4.65% | −1.76 |
| AMZN Amazon.com Inc. | Reduce -26.3% | 3.01% | −0.92 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -71.4% | 0.23% | −0.76 |
| CRM Salesforce Inc. | Reduce -61.6% | 0.40% | −0.74 |
| UNH Unitedhealth Group Inc. | Reduce -1.0% | 0.71% | −0.62 |
| TJX TJX Companies Inc. | Reduce -69.0% | 0.23% | −0.58 |
| WFC Wells Fargo & Co. | Reduce -42.7% | 0.74% | −0.54 |
| CL Colgate-Palmolive Co. | Reduce -78.8% | 0.11% | −0.48 |
| V Visa Inc. Class A | Reduce -22.1% | 1.18% | −0.48 |
| BAC Bank of America Corp. | Reduce -47.8% | 0.51% | −0.44 |
| EOG EOG Resources Inc. | Reduce -53.0% | 0.27% | −0.41 |
| TEAM Atlassian Corp. Class A | Reduce -94.5% | 0.02% | −0.39 |
| ETN Eaton Corp. PLC | Reduce -88.8% | 0.06% | −0.36 |
| MRK Merck & Co. Inc. | Reduce -94.1% | 0.02% | −0.35 |
| BMY Bristol-Myers Squibb Co. | Reduce -10.3% | 0.52% | −0.33 |
| REGN Regeneron Pharmaceuticals | Reduce -97.9% | 0.01% | −0.32 |
| APO Apollo Global Management Inc. | Reduce -97.3% | 0.01% | −0.32 |
| FTNT Fortinet Inc. | Reduce -91.9% | 0.03% | −0.32 |
| COST Costco Wholesale Corp. | Reduce -43.5% | 0.34% | −0.30 |
| COP Conocophillips | Reduce -61.9% | 0.12% | −0.30 |
| WMB Williams Cos Inc. | Reduce -80.3% | 0.07% | −0.29 |
| KR Kroger Co. | Reduce -98.6% | 0.00% | −0.28 |
| TSN Tyson Foods Inc. Class A | Reduce -50.3% | 0.17% | −0.27 |
| BDX Becton Dickinson and Co. | Reduce -99.0% | 0.00% | −0.26 |
| ECL Ecolab Inc. | Reduce -90.3% | 0.03% | −0.26 |
| SSNC Ss&c Technologies Holdings | Reduce -53.7% | 0.18% | −0.26 |
| GNRC Generac Holdings Inc. | Reduce -97.2% | 0.01% | −0.24 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.24 |
| VEEV Veeva Systems Inc. Class A | Reduce -50.6% | 0.29% | −0.24 |
| BSX Boston Scientific Corp. | Reduce -39.9% | 0.32% | −0.24 |
| FITB Fifth Third Bancorp | Reduce -97.5% | 0.01% | −0.22 |
| DHI D.R. Horton Inc. | Reduce -98.2% | 0.00% | −0.22 |
| KMI Kinder Morgan Inc. | Reduce -96.3% | 0.01% | −0.21 |
| LDOS Leidos Holdings Inc. | Reduce -59.8% | 0.16% | −0.21 |
| TGT Target Corp. | Reduce -94.2% | 0.01% | −0.20 |
| GEV GE Vernova Inc. | Reduce -81.5% | 0.08% | −0.19 |
| CBOE Cboe Global Markets Inc. | Reduce -27.3% | 0.33% | −0.16 |
| PGR Progressive Corp. | Reduce -1.3% | 0.82% | −0.16 |
| SPG Simon Property Group Inc. | Reduce -10.1% | 0.57% | −0.16 |
| ABT Abbott Laboratories | Reduce -86.8% | 0.02% | −0.16 |
| GDDY GoDaddy Inc. Class A | Reduce -39.9% | 0.18% | −0.15 |
| ETR Entergy Corp. | Reduce -9.1% | 0.60% | −0.15 |
| HIG Hartford Insurance Group Inc. | Reduce -14.8% | 0.56% | −0.15 |
| MDLZ Mondelez International Inc. Class A | Reduce -61.2% | 0.08% | −0.15 |
| UHS Universal Health Services-B | Reduce -95.0% | 0.01% | −0.14 |
| GRMN Garmin Ltd. | Reduce -62.4% | 0.07% | −0.14 |
| CRH CRH PLC | Reduce -51.2% | 0.12% | −0.14 |
| MAS Masco Corp. | Sold out | 0.00% | −0.13 |
| WDAY Workday Inc. Class A | Reduce -49.4% | 0.12% | −0.13 |
| VMRK Vivmark Residential | Reduce -26.7% | 0.21% | −0.12 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +2.5% | 5.33% | +0.98 |
| PM Philip Morris International | Add +142.3% | 1.24% | +0.75 |
| DASH DoorDash Inc. Class A | Add +228.7% | 0.86% | +0.64 |
| JPM JPMorgan Chase & Co. | Add +48.5% | 1.66% | +0.61 |
| CTAS Cintas Corp. | Add +264.9% | 0.78% | +0.56 |
| ANET Arista Networks Inc. | Add +282.9% | 0.71% | +0.56 |
| PANW Palo Alto Networks Inc. | Add +4524.0% | 0.51% | +0.50 |
| PBUS Invesco MSCI USA ETF | New | 0.46% | +0.46 |
| MPC Marathon Petroleum Corp. | Add +217.8% | 0.66% | +0.46 |
| AMGN Amgen Inc. | Add +367.4% | 0.62% | +0.45 |
| PLTR Palantir Technologies Inc. Class A | Add +5.6% | 1.09% | +0.38 |
| BKNG Booking Holdings Inc. | Add +67.3% | 0.79% | +0.37 |
| EA Electronic Arts Inc. | Add +3284.4% | 0.37% | +0.36 |
| COR Cencora Inc. | Add +13962.2% | 0.36% | +0.36 |
| CVS CVS Health Corp. | Add +2675.7% | 0.35% | +0.33 |
| KO The Coca-Cola Co. | Add +429.8% | 0.41% | +0.32 |
| ADBE Adobe Inc. | Add +380.5% | 0.41% | +0.32 |
| AME Ametek Inc. | Add +252.2% | 0.45% | +0.31 |
| QCOM Qualcomm Inc. | Add +89.0% | 0.67% | +0.29 |
| SCHW Schwab (charles) Corp. | Add +3848.2% | 0.30% | +0.29 |
| NOW ServiceNow Inc. | Add +17.8% | 1.00% | +0.27 |
| MNST Monster Beverage Corp. | Add +2700.2% | 0.28% | +0.27 |
| AMT American Tower Corp. | Add +339.5% | 0.35% | +0.26 |
| EBAY eBay Inc. | Add +1416.3% | 0.28% | +0.26 |
| INDA iShares MSCI India ETF | Add +273.5% | 0.35% | +0.26 |
| PNR Pentair PLC | Add +77.4% | 0.55% | +0.26 |
| SPOT Spotify Technology SA | Add +161.6% | 0.35% | +0.24 |
| ES Eversource Energy | Add +310.1% | 0.32% | +0.23 |
| CAH Cardinal Health Inc. | Add +2336.5% | 0.24% | +0.23 |
| INTU Intuit Inc. | Add +87.0% | 0.43% | +0.23 |
| GD General Dynamics Corp. | Add +243.0% | 0.31% | +0.22 |
| MCK McKesson Corp. | Add +74.3% | 0.52% | +0.22 |
| CCI Crown Castle Inc. | Add +422.8% | 0.28% | +0.22 |
| VTR Ventas Inc. | New | 0.21% | +0.21 |
| TSLA Tesla Inc. | Add +10.1% | 1.17% | +0.21 |
| VRT Vertiv Holdings Co. Class A | Add +59.4% | 0.33% | +0.20 |
| RBLX Roblox Corp. Class A | Add +33.1% | 0.37% | +0.20 |
| HWM Howmet Aerospace Inc. | Add +35.8% | 0.45% | +0.19 |
| NFLX Netflix Inc. | Add +11.9% | 0.61% | +0.19 |
| TT Trane Technologies PLC | Add +6.8% | 0.92% | +0.18 |
| FCX Freeport-McMoran Inc. | Add +70.8% | 0.41% | +0.18 |
| USFD US Foods Holding Corp. | Add +59.4% | 0.38% | +0.16 |
| F Ford Motor Co. | Add +10682.9% | 0.15% | +0.15 |
| COF Capital One Financial Corp. | Add +32.9% | 0.49% | +0.15 |
| CW Curtiss-Wright Corp. | Add +46.3% | 0.28% | +0.14 |
| SYF Synchrony Financial | Add +8.6% | 0.74% | +0.14 |
| ALL Allstate Corp. | Add +76.7% | 0.39% | +0.14 |
| SYK Stryker Corp. | Add +38.4% | 0.54% | +0.13 |
| BPOP Popular Inc. | Add +9769.4% | 0.13% | +0.13 |
| UBER Uber Technologies Inc. | Add +1.7% | 0.88% | +0.13 |
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 |