Payden & Rygel

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed October 8, 2024), Payden & Rygel reported 132 stock positions worth $1.5 billion. Its top holding was JPMorgan Chase (JPM) at 3.1% of the portfolio, followed by Walmart (WMT, 2.6%) and Exxon Mobil (XOM, 2.6%). Compared with Q4 2023, it opened 5 new positions, sold out of 7, added to 47 and reduced 31. The biggest buy was a new position in CRH (CRH) and the biggest sale Chevron (CVX, shares −99%).

Most Recent 13F
Q2 2026
Location
LOS ANGELES, CA
CIK
0000919219
Portfolio Value
$1.5B (Q1 2024)
SEC Filing
0000919219-24-000013 ↗ filed Oct 8, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.5B $1.5B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.2B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.4B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.3B Q2 2026

Holdings 132 stocks · $1.5B
JPM JPMorgan Chase & Co. 3.10% 226,750 $45.4M Reduce -9.8%
WMT Walmart Inc. 2.61% 636,000 $38.3M Add +68.7%
XOM Exxon Mobil Corp. 2.58% 325,450 $37.8M Add +27.3%
MSFT Microsoft Corp. 2.46% 85,530 $36.0M Reduce -1.2%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 2.28% 133,700 $33.4M Add +94.0%
EMR Emerson Electric Co. 2.03% 261,800 $29.7M Add +68.5%
V Visa Inc. Class A 1.95% 102,600 $28.6M Add +0.4%
VZ Verizon Communications Inc. 1.82% 634,590 $26.6M Add +42.5%
WFC Wells Fargo & Co. 1.80% 454,000 $26.3M Add +0.3%
PLD Prologis Inc. 1.71% 192,600 $25.1M Add +0.4%
SPY SS SPDR S&P 500 ETF Trust-US 1.67% 46,896 $24.5M Add +6.0%
AMP Ameriprise Financial Inc. 1.66% 55,500 $24.3M Add +0.4%
LIN Linde PLC 1.62% 51,200 $23.8M Add +0.4%
AVGO Broadcom Inc. 1.58% 17,510 $23.2M Reduce -30.5%
MCK McKesson Corp. 1.57% 42,800 $23.0M Add +109.8%
USB US Bancorp 1.56% 512,200 $22.9M Add +0.3%
MCD McDonald's Corp. 1.55% 80,700 $22.8M Add +0.1%
LHX L3HARRIS Technologies Inc. 1.53% 105,500 $22.5M Add +42.2%
SPGI S&P Global Inc. 1.52% 52,190 $22.2M Add +0.4%
COP Conocophillips 1.50% 172,200 $21.9M Add +48.3%
MET Metlife Inc. 1.50% 295,600 $21.9M Add +0.4%
EPD Enterprise Products Partners 1.46% 732,370 $21.4M Add +45.2%
CRH CRH PLC 1.44% 245,300 $21.2M New
LLY Eli Lilly & Co. 1.41% 26,520 $20.6M Reduce -11.4%
DLR Digital Realty Trust Inc. 1.38% 140,300 $20.2M Reduce -0.5%
ET Energy Transfer LP 1.38% 1,281,890 $20.2M No change
COST Costco Wholesale Corp. 1.37% 27,400 $20.1M Add +0.4%
MS Morgan Stanley 1.37% 212,600 $20.0M Reduce -37.6%
PG The Procter & Gamble Co. 1.34% 121,180 $19.7M Add +18.8%
KO The Coca-Cola Co. 1.33% 318,660 $19.5M Add +1.7%
IVW iShares S&P 500 Growth ETF 1.28% 222,275 $18.8M Reduce -29.8%
HON Honeywell International Inc. 1.27% 90,420 $18.6M No change
ORCL Oracle Corp. 1.26% 146,790 $18.4M Add +0.3%
DHI D.R. Horton Inc. 1.26% 111,920 $18.4M Add +0.5%
AMZN Amazon.com Inc. 1.21% 98,570 $17.8M Reduce -9.6%
CRM Salesforce Inc. 1.20% 58,500 $17.6M Add +0.3%
MRK Merck & Co. Inc. 1.19% 131,750 $17.4M Reduce -21.0%
ETN Eaton Corp. PLC 1.18% 55,140 $17.2M Reduce -25.6%
GOOGL Alphabet Inc. Class A 1.16% 112,600 $17.0M Add +26.9%
CB Chubb Ltd. 1.14% 64,370 $16.7M Add +0.5%
EOG EOG Resources Inc. 1.13% 129,600 $16.6M New
AMGN Amgen Inc. 1.12% 57,900 $16.5M Add +992.5%
DUK Duke Energy Corp. 1.11% 168,790 $16.3M Add +24.2%
UNP Union Pacific Corp. 1.07% 63,800 $15.7M Add +0.5%
ACM Aecom 1.07% 159,470 $15.6M Add +0.4%
AAPL Apple Inc. 1.05% 90,100 $15.4M Add +598.5%
ABT Abbott Laboratories 1.04% 133,500 $15.2M Reduce -18.8%
NXST Nexstar Media Group Inc. 1.03% 87,900 $15.1M Add +92.8%
UNH Unitedhealth Group Inc. 1.03% 30,380 $15.0M Add +22.6%
PEP Pepsico Inc. 1.02% 85,800 $15.0M Reduce -27.6%
AXP American Express Co. 1.01% 65,000 $14.8M Add +0.5%
DAL Delta Air Lines Inc. 1.01% 309,000 $14.8M Reduce -35.2%
NEE Nextera Energy Inc. 1.00% 229,700 $14.7M Add +72.5%
FIS Fidelity National Info Serv 1.00% 197,700 $14.7M New
CVS CVS Health Corp. 1.00% 183,500 $14.6M Reduce -42.5%
TMUS T-Mobile US Inc. 1.00% 89,400 $14.6M Reduce -16.1%
AMAT Applied Materials Inc. 0.99% 70,210 $14.5M Reduce -39.9%
JNJ Johnson & Johnson 0.98% 90,900 $14.4M Add +16.1%
ROST Ross Stores Inc. 0.96% 96,300 $14.1M Add +0.4%
CMCSA Comcast Corp. Class A 0.96% 324,330 $14.1M Reduce -46.3%
META Meta Platforms Inc. Class A 0.95% 28,810 $14.0M Reduce -6.5%
SBUX Starbucks Corp. 0.86% 138,000 $12.6M No change
NKE Nike Inc. Class B 0.84% 130,600 $12.3M Reduce -27.6%
QCOM Qualcomm Inc. 0.83% 72,000 $12.2M Add +847.4%
PSX Phillips 66 0.83% 74,500 $12.2M Add +0.5%
ZTS Zoetis Inc. 0.82% 70,990 $12.0M Reduce -32.0%
DELL Dell Technologies -C 0.79% 101,000 $11.5M Add +0.4%
GE General Electric 0.78% 65,100 $11.4M New
HD Home Depot Inc. 0.76% 29,070 $11.2M Add +0.3%
SPG Simon Property Group Inc. 0.72% 67,850 $10.6M Add +0.4%
NUE Nucor Corp. 0.72% 53,470 $10.6M Add +0.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.71% 54,310 $10.4M Reduce -44.2%
IJH iShares Core S&P Midcap ETF 0.66% 158,885 $9.7M Add +0.8%
EQT Eqt Corp. 0.58% 228,020 $8.5M No change
PFE Pfizer Inc. 0.51% 270,380 $7.5M Add +801.9%
VXUS Vanguard Total Intl Stock 0.42% 102,945 $6.2M No change
IJR iShares Core S&P Small-Cap E 0.37% 49,700 $5.5M New
QQQM Invesco Nasdaq 100 ETF 0.37% 29,800 $5.4M No change
IGLB iShares 10+ Year Inv GR Corp. 0.25% 72,080 $3.7M No change
CSCO Cisco Systems Inc. 0.16% 47,570 $2.4M Reduce -3.5%
WMB Williams Cos Inc. 0.15% 54,560 $2.1M Add +6.7%
SUSB iShares ESG Aware 1-5 Year U 0.14% 82,849 $2.0M No change
LMT Lockheed Martin Corp. 0.13% 4,120 $1.9M No change
FDX FedEx Corp. 0.12% 5,900 $1.7M Reduce -91.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.12% 44,600 $1.7M No change
TMO Thermo Fisher Scientific Inc. 0.12% 2,900 $1.7M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.11% 13,730 $1.7M No change
NVDA Nvidia Corp. 0.11% 1,800 $1.6M Reduce -10.0%
CMI Cummins Inc. 0.10% 5,200 $1.5M No change
NFLX Netflix Inc. 0.09% 2,210 $1.3M Reduce -11.9%
MMP Magellan Midstream Partners 0.07% 15,600 $1.1M No change
WM Waste Management Inc. 0.07% 4,600 $980K No change
DE Deere & Co. 0.06% 2,300 $945K No change
ABBV Abbvie Inc. 0.06% 5,010 $912K No change
PPG PPG Industries Inc. 0.06% 6,100 $884K No change
BLK BlackRock Finance Inc. 0.05% 900 $750K No change
MDLZ Mondelez International Inc. Class A 0.05% 10,670 $747K No change
SUSC iShares ESG Aware Usd Corpor 0.05% 30,697 $706K No change
BA The Boeing Co. 0.04% 3,200 $618K No change
EQIX Equinix Inc. 0.04% 700 $578K Reduce -94.5%

Show all 132 holdings

Options reported separately and not counted above: TLT puts ($554.9M), LQD puts ($100.8M).

Portfolio Sells Q4 2023 → Q1 2024
CVX Chevron Corp. Reduce -98.9% 0.02% −1.55
GXO Gxo Logistics Inc. Sold out 0.00% −1.52
FDX FedEx Corp. Reduce -91.4% 0.12% −1.15
DD Dupont DE Nemours Inc. Sold out 0.00% −1.13
CMCSA Comcast Corp. Class A Reduce -46.3% 0.96% −0.96
IGSB iShares 1-5Y Inv Grade Corp. Reduce -99.3% 0.01% −0.95
CLH Clean Harbors Inc. Sold out 0.00% −0.94
MS Morgan Stanley Reduce -37.6% 1.37% −0.94
CARR Carrier Global Corp. Sold out 0.00% −0.86
CVS CVS Health Corp. Reduce -42.5% 1.00% −0.83
EQIX Equinix Inc. Reduce -94.5% 0.04% −0.71
ZTS Zoetis Inc. Reduce -32.0% 0.82% −0.68
EXC Exelon Corp. Reduce -98.0% 0.01% −0.66
NKE Nike Inc. Class B Reduce -27.6% 0.84% −0.59
AVGO Broadcom Inc. Reduce -30.5% 1.58% −0.46
IBM Intl Business Machines Corp. Reduce -44.2% 0.71% −0.45
IVW iShares S&P 500 Growth ETF Reduce -29.8% 1.28% −0.45
PEP Pepsico Inc. Reduce -27.6% 1.02% −0.44
CF CF Industries Holdings Inc. Sold out 0.00% −0.41
AMAT Applied Materials Inc. Reduce -39.9% 0.99% −0.39
DAL Delta Air Lines Inc. Reduce -35.2% 1.01% −0.39
JAAA Janus Henderson Aaa Clo ETF Sold out 0.00% −0.38
ABT Abbott Laboratories Reduce -18.8% 1.04% −0.28
TMUS T-Mobile US Inc. Reduce -16.1% 1.00% −0.25
MRK Merck & Co. Inc. Reduce -21.0% 1.19% −0.14
ETN Eaton Corp. PLC Reduce -25.6% 1.18% −0.12
TXN Texas Instruments Inc. Reduce -63.4% 0.03% −0.05
AMT American Tower Corp. Sold out 0.00% −0.03
CSCO Cisco Systems Inc. Reduce -3.5% 0.16% −0.02
LYB Lyondellbasell Indu Class A Reduce -31.6% 0.04% −0.02
JPM JPMorgan Chase & Co. Reduce -9.8% 3.10% −0.01
DLR Digital Realty Trust Inc. Reduce -0.5% 1.38% +0.00
NFLX Netflix Inc. Reduce -11.9% 0.09% +0.00
AMZN Amazon.com Inc. Reduce -9.6% 1.21% +0.01
NVDA Nvidia Corp. Reduce -10.0% 0.11% +0.04
MSFT Microsoft Corp. Reduce -1.2% 2.46% +0.09
LLY Eli Lilly & Co. Reduce -11.4% 1.41% +0.14
META Meta Platforms Inc. Class A Reduce -6.5% 0.95% +0.16

Portfolio Buys Q4 2023 → Q1 2024
CRH CRH PLC New 1.44% +1.44
WMT Walmart Inc. Add +68.7% 2.61% +1.17
AJG Arthur J Gallagher & Co. Add +94.0% 2.28% +1.16
EOG EOG Resources Inc. New 1.13% +1.13
AMGN Amgen Inc. Add +992.5% 1.12% +1.01
FIS Fidelity National Info Serv New 1.00% +1.00
EMR Emerson Electric Co. Add +68.5% 2.03% +0.93
MCK McKesson Corp. Add +109.8% 1.57% +0.88
AAPL Apple Inc. Add +598.5% 1.05% +0.87
GE General Electric New 0.78% +0.78
QCOM Qualcomm Inc. Add +847.4% 0.83% +0.75
XOM Exxon Mobil Corp. Add +27.3% 2.58% +0.72
VZ Verizon Communications Inc. Add +42.5% 1.82% +0.60
COP Conocophillips Add +48.3% 1.50% +0.52
NXST Nexstar Media Group Inc. Add +92.8% 1.03% +0.51
EPD Enterprise Products Partners Add +45.2% 1.46% +0.49
PFE Pfizer Inc. Add +801.9% 0.51% +0.45
NEE Nextera Energy Inc. Add +72.5% 1.00% +0.41
LHX L3HARRIS Technologies Inc. Add +42.2% 1.53% +0.40
IJR iShares Core S&P Small-Cap E New 0.37% +0.37
GOOGL Alphabet Inc. Class A Add +26.9% 1.16% +0.26
PG The Procter & Gamble Co. Add +18.8% 1.34% +0.26
DELL Dell Technologies -C Add +0.4% 0.79% +0.23
WFC Wells Fargo & Co. Add +0.3% 1.80% +0.18
DUK Duke Energy Corp. Add +24.2% 1.11% +0.16
SPY SS SPDR S&P 500 ETF Trust-US Add +6.0% 1.67% +0.15
ORCL Oracle Corp. Add +0.3% 1.26% +0.14
AMP Ameriprise Financial Inc. Add +0.4% 1.66% +0.13
AXP American Express Co. Add +0.5% 1.01% +0.13
PSX Phillips 66 Add +0.5% 0.83% +0.11
LIN Linde PLC Add +0.4% 1.62% +0.10
JNJ Johnson & Johnson Add +16.1% 0.98% +0.09
CRM Salesforce Inc. Add +0.3% 1.20% +0.09
CB Chubb Ltd. Add +0.5% 1.14% +0.09
MET Metlife Inc. Add +0.4% 1.50% +0.08
UNH Unitedhealth Group Inc. Add +22.6% 1.03% +0.08
COST Costco Wholesale Corp. Add +0.4% 1.37% +0.06
NUE Nucor Corp. Add +0.4% 0.72% +0.05
HD Home Depot Inc. Add +0.3% 0.76% +0.03
DHI D.R. Horton Inc. Add +0.5% 1.26% +0.03
SPG Simon Property Group Inc. Add +0.4% 0.72% +0.02
IJH iShares Core S&P Midcap ETF Add +0.8% 0.66% +0.02
V Visa Inc. Class A Add +0.4% 1.95% +0.02
WMB Williams Cos Inc. Add +6.7% 0.15% +0.02
ACM Aecom Add +0.4% 1.07% +0.00
ROST Ross Stores Inc. Add +0.4% 0.96% +0.00
KO The Coca-Cola Co. Add +1.7% 1.33% −0.01
USB US Bancorp Add +0.3% 1.56% −0.04
UNP Union Pacific Corp. Add +0.5% 1.07% −0.06
PLD Prologis Inc. Add +0.4% 1.71% −0.15

Options Activity Q4 2023 → Q1 2024
TLT iShares 20+ Year Treasury BD put New 58,650 $554.9M
LQD Ishr Ibx Usd Invgd CB ETF-Ui put New 9,255 $100.8M
XHB SS SPDR S&P Homebldrs ETF put Sold out 6,606 $63.2Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 131$1.3BGLD, AAPL, JPM, EMLC, AMZN
Q1 2026 113$1.3BEMB, EMLC, GLD, GOOGL, LQD
Q4 2025 114$1.4BGLDM, EMB, EMLC, QQQM, LQD
Q3 2025 112$1.2BQQQM, JPM, GOOGL, DUK, MS
Q2 2025 113$1.2BQQQM, JPM, DUK, BAC, WFC
Q1 2025 125$1.2BQQQM, JPM, DUK, GE, EMLC
Q4 2024 124$1.2BQQQM, JPM, MSFT, CRH, NEE
Q3 2024 122$1.3BLQD, QQQM, JPM, MSFT, NEE
Q2 2024 122$1.2BAJG, JPM, QQQM, MSFT, XOM
Q1 2024 132$1.5BJPM, WMT, XOM, MSFT, AJG