Phoenix Financial Ltd.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Phoenix Financial Ltd. reported 363 stock positions worth $6.5 billion. Its top holding was Teva Pharmaceutical-SP ADR (TEVA) at 6.5% of the portfolio, followed by Amazon.com (AMZN, 4.3%) and Invesco S&P 500 Equal Weight (RSP, 4.1%). Compared with Q4 2024, it opened 58 new positions, sold out of 47, added to 113 and reduced 159. The biggest buy was a new position in Invesco S&P 500 Equal Weight (RSP) and the biggest sale SS Financial Select Sector (XLF, shares −63%).

Most Recent 13F
Q2 2026
Location
Givatayim, L3
CIK
0001679543
Portfolio Value
$6.5B (Q1 2025)
SEC Filing
0001178913-25-001625 ↗ filed May 7, 2025

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $7.2B Q1 2024 Q2 2024: $6.6B Q2 2024 Q3 2024: $6.8B Q3 2024 Q4 2024: $7.3B Q4 2024 Q1 2025: $6.5B $6.5B Q1 2025 Q2 2025: $7.6B Q2 2025 Q3 2025: $8.2B Q3 2025 Q4 2025: $9.2B Q4 2025 Q1 2026: $10.5B Q1 2026 Q2 2026: $14.6B Q2 2026

Holdings 363 stocks · $6.5B

TEVA Teva Pharmaceutical-SP ADR 6.46% 27,464,572 $422.1M Add +29.5%
AMZN Amazon.com Inc. 4.33% 1,486,029 $282.9M Add +1.8%
RSP Invesco S&P 500 Equal Weight 4.12% 1,554,312 $269.3M New
MSFT Microsoft Corp. 3.36% 584,567 $219.6M Reduce -6.6%
XLF SS Financial Select Sector 3.11% 4,077,174 $203.1M Reduce -62.8%
XLV SS Health Care Select Sector 3.05% 1,363,686 $199.1M Add +5.4%
NICE Nice Ltd. - Spon ADR 2.96% 1,402,538 $193.6M Reduce -3.2%
MCD McDonald's Corp. 2.73% 570,214 $178.1M Add +14.9%
NVDA Nvidia Corp. 2.72% 1,636,325 $177.5M Add +19.5%
XLI SS Industrial Select Sector 2.64% 1,318,041 $172.8M Reduce -23.5%
XLE SS Energy Select Sector 2.37% 1,656,002 $154.8M Add +56.6%
XLRE SS Real Estate Select Sector 2.26% 3,534,204 $147.9M Add +46.7%
AAPL Apple Inc. 2.15% 631,655 $140.5M Add +12.6%
TSEM Tower Semiconductor Ltd. 2.10% 3,848,571 $137.2M Reduce -0.1%
IYF iShares US Financials ETF 2.07% 1,196,572 $135.0M No change
ORCL Oracle Corp. 2.06% 961,490 $134.5M Add +64.8%
XRT SS SPDR S&P Retail ETF 2.04% 1,929,130 $133.3M No change
GOOG Alphabet Inc. Class C 1.95% 814,001 $127.2M Add +4.5%
IGV iShares Expanded Tech-Softwa 1.84% 1,349,414 $120.1M Add +0.1%
ALLY Ally Financial Inc. 1.79% 3,210,003 $117.1M Reduce -5.3%
ICL Icl Group Ltd. 1.74% 20,012,294 $113.9M Reduce -0.3%
NSC Norfolk Southern Corp. 1.69% 465,283 $110.2M New
IXJ iShares Global Healthcare Et 1.67% 1,199,359 $109.4M Reduce -0.0%
FCX Freeport-McMoran Inc. 1.53% 2,641,129 $100.0M Add +1354.9%
META Meta Platforms Inc. Class A 1.37% 155,091 $89.5M Reduce -6.6%
GOOGL Alphabet Inc. Class A 1.34% 565,076 $87.5M Add +2.8%
C Citigroup Inc. 1.33% 1,221,015 $86.7M Add +8378.7%
AZN Astrazeneca PLC-Spons ADR 1.30% 1,156,005 $85.0M Reduce -6.3%
TGT Target Corp. 1.15% 721,495 $75.3M Reduce -1.0%
TSM Taiwan Semiconductor-SP ADR 1.14% 446,078 $74.3M Reduce -2.9%
QQQ Invesco QQQ Trust Series 1 0.98% 136,961 $64.3M Add +35.9%
VRNS Varonis Systems Inc. 0.92% 1,482,287 $60.0M Add +30.2%
NVMI Nova Ltd. 0.87% 309,436 $57.1M Add +17.9%
EWZ iShares MSCI Brazil ETF 0.70% 1,756,750 $45.4M Reduce -41.2%
URA Global X Uranium ETF 0.63% 1,787,655 $41.0M New
XOP SS SPDR S&P Og Exp & Prod 0.58% 288,993 $38.1M No change
RSKD Riskified Ltd. Class A 0.57% 8,066,562 $37.3M No change
CFLT Confluent Inc. Class A 0.56% 1,547,112 $36.3M Add +901.4%
SSYS Stratasys Ltd. 0.54% 3,613,906 $35.4M Add +0.4%
XLK SS Technology Select Sector 0.53% 167,323 $34.5M Add +0.7%
SBIO Alps Medical Breakthroughs 0.50% 1,465,173 $32.6M New
FHN First Horizon Corp. 0.45% 1,502,216 $29.4M New
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.44% 369,378 $28.8M No change
CAMT Camtek Ltd. 0.42% 469,178 $27.7M Add +266.0%
MCHI iShares MSCI China ETF 0.42% 500,000 $27.2M Add +1583.5%
AVGO Broadcom Inc. 0.41% 160,549 $26.9M Reduce -20.4%
VST Vistra Corp. 0.40% 221,784 $26.0M Add +777.2%
XTN SS SPDR S&P Transport ETF 0.39% 348,200 $25.7M No change
BA The Boeing Co. 0.39% 150,329 $25.6M Add +430.9%
WIX Wix.com Ltd. 0.37% 148,258 $24.2M Add +41.2%
ARKO Arko Corp. 0.37% 6,069,918 $24.0M No change
MA Mastercard Inc. Class A 0.35% 41,160 $22.6M Reduce -29.9%
XBI SS SPDR S&P Biotech ETF 0.35% 278,063 $22.6M Reduce -52.2%
ENPH Enphase Energy Inc. 0.34% 358,600 $22.3M Add +73.3%
TBLA Taboola.com Ltd. 0.34% 7,419,080 $21.9M Add +0.3%
SMWB Similarweb Ltd. 0.33% 2,585,985 $21.4M Add +2.5%
ADBE Adobe Inc. 0.32% 54,349 $20.9M Reduce -15.2%
LLY Eli Lilly & Co. 0.31% 24,889 $20.6M Add +30.7%
ENLT Enlight Renewable Energy Ltd. 0.31% 1,254,495 $20.3M No change
PAYO Payoneer Global Inc. 0.30% 2,703,780 $19.8M No change
WMT Walmart Inc. 0.29% 215,733 $19.0M Reduce -13.0%
PERI Perion Network Ltd. 0.28% 2,279,380 $18.6M Add +2.5%
COST Costco Wholesale Corp. 0.28% 19,570 $18.5M Reduce -13.9%
V Visa Inc. Class A 0.28% 52,414 $18.4M Reduce -24.3%
LRCX Lam Research Corp. 0.28% 251,477 $18.3M Add +1387.8%
XLP SS Consumer Staples Sel Sect 0.28% 221,714 $18.1M Reduce -48.2%
WFC Wells Fargo & Co. 0.27% 244,063 $17.5M Reduce -17.9%
PANW Palo Alto Networks Inc. 0.27% 101,363 $17.3M Reduce -78.5%
JPM JPMorgan Chase & Co. 0.26% 67,854 $16.7M Reduce -23.4%
BRK.B Berkshire Hathaway Inc. Class B 0.25% 30,089 $16.0M Reduce -6.0%
CLBT Cellebrite Di Ltd. 0.24% 794,659 $15.4M Reduce -43.8%
TSLA Tesla Inc. 0.24% 59,458 $15.4M Reduce -5.5%
ODYS Odysight.ai Inc. 0.23% 2,157,689 $15.3M New
UNH Unitedhealth Group Inc. 0.23% 28,312 $14.8M Reduce -33.8%
GLD SPDR Gold Shares 0.22% 49,852 $14.4M Add +128.8%
CRM Salesforce Inc. 0.22% 53,012 $14.3M Add +42.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.21% 326,163 $13.7M Reduce -28.0%
JCI Johnson Controls Internation 0.21% 168,039 $13.6M Reduce -86.6%
NFLX Netflix Inc. 0.20% 13,865 $13.0M Add +64.7%
PGR Progressive Corp. 0.19% 44,873 $12.7M Reduce -18.5%
KOF Coca-Cola Femsa Sab-SP ADR 0.19% 138,396 $12.6M Reduce -28.8%
GILT Gilat Satellite Networks Ltd. 0.19% 1,942,322 $12.3M No change
RDWR Radware Ltd. 0.18% 546,514 $11.8M Reduce -40.5%
GOVT iShares US Treasury Bond ETF 0.18% 513,307 $11.8M Add +13.0%
XOM Exxon Mobil Corp. 0.18% 97,050 $11.6M Add +23.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.18% 20,588 $11.5M Reduce -6.2%
HD Home Depot Inc. 0.17% 30,919 $11.3M Reduce -3.5%
KMDA Kamada Ltd. 0.17% 1,654,952 $11.3M Reduce -9.7%
MRSH Marsh & McLennan Cos 0.17% 45,029 $11.0M Reduce -12.3%
MCK McKesson Corp. 0.17% 16,045 $10.8M Add +176.1%
BSX Boston Scientific Corp. 0.16% 105,907 $10.7M Reduce -21.0%
SYK Stryker Corp. 0.16% 27,774 $10.4M Add +14.6%
FLOC Flowco Holdings Inc. Class A 0.16% 402,830 $10.3M New
IGIB iShares 5-10Y Inv Grade Corp. 0.15% 190,920 $10.0M Add +3.8%
SPIB SS SPDR P Int C Corp. ETF 0.15% 295,101 $9.8M Add +22.2%
UNP Union Pacific Corp. 0.15% 41,478 $9.8M Add +27.4%
INTU Intuit Inc. 0.15% 15,551 $9.6M Add +220.6%
ITRN Ituran Location and Control 0.14% 256,021 $9.4M Reduce -64.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.14% 76,663 $9.4M Reduce -34.7%
CSTE Caesarstone Ltd. 0.14% 3,748,541 $9.1M No change
MGIC Magic Software Enterprises 0.14% 689,236 $9.0M Add +1.3%
KWEB Kranesh Csi China Internet 0.14% 256,326 $8.9M Add +146.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.13% 87,916 $8.7M Reduce -9.5%
NEE Nextera Energy Inc. 0.13% 121,329 $8.6M Reduce -5.7%
CVX Chevron Corp. 0.13% 50,009 $8.4M Reduce -0.7%
MRK Merck & Co. Inc. 0.13% 91,855 $8.3M Reduce -9.3%
AMAT Applied Materials Inc. 0.13% 56,289 $8.2M Reduce -1.1%
SMH Vaneck Semiconductor ETF 0.12% 36,392 $7.7M Reduce -26.3%
COF Capital One Financial Corp. 0.12% 42,914 $7.7M Add +13.0%
UBER Uber Technologies Inc. 0.11% 97,635 $7.1M Add +44.6%
IWP iShares Russell Mid-Cap Grow 0.11% 60,371 $7.1M Reduce -26.2%
ISRG Intuitive Surgical Inc. 0.11% 14,260 $7.1M Add +13.7%
TDG Transdigm Group Inc. 0.10% 4,916 $6.8M New
LIN Linde PLC 0.10% 14,488 $6.8M Reduce -7.6%
PG The Procter & Gamble Co. 0.10% 37,535 $6.4M Add +19.5%
VOO Vanguard S&P 500 ETF 0.09% 11,872 $6.1M Reduce -7.2%
IWM iShares Russell 2000 ETF 0.09% 30,539 $6.1M New
SHLD Global X Defense Tech ETF 0.09% 130,558 $6.1M Reduce -12.3%
QCOM Qualcomm Inc. 0.08% 35,716 $5.5M Reduce -2.0%
MU Micron Technology Inc. 0.08% 62,495 $5.4M Add +58.6%
ABBV Abbvie Inc. 0.08% 25,584 $5.4M Add +13.2%
VCSH Vanguard S/T Corp. Bond ETF 0.08% 68,047 $5.4M Add +0.2%
NKE Nike Inc. Class B 0.08% 80,001 $5.1M Reduce -10.3%
PPH Vaneck Pharmaceutical ETF 0.08% 53,859 $5.0M Add +4.7%
CRH CRH PLC 0.08% 56,113 $5.0M Reduce -29.3%
TT Trane Technologies PLC 0.07% 14,477 $4.9M Reduce -31.2%
ELLO Ellomay Capital Ltd. 0.07% 318,228 $4.8M No change
MDT Medtronic PLC 0.07% 52,089 $4.8M Add +938.9%
GLBE Global-E Online Ltd. 0.07% 132,273 $4.7M New
LYV Live Nation Entertainment Inc. 0.07% 34,927 $4.6M Reduce -2.8%
JNJ Johnson & Johnson 0.07% 27,048 $4.5M Reduce -6.9%
XHB SS SPDR S&P Homebldrs ETF 0.07% 46,332 $4.5M Add +8.4%
ETN Eaton Corp. PLC 0.07% 16,345 $4.5M Reduce -88.3%
AMD Advanced Micro Devices 0.07% 43,190 $4.5M Add +17.7%
ITA iShares U.S. Aerospace & Def 0.07% 28,593 $4.4M Reduce -24.9%
PEP Pepsico Inc. 0.07% 28,803 $4.3M Reduce -7.6%
SAIL Sailpoint Inc. 0.07% 230,443 $4.3M New
ACN Accenture PLC Class A 0.07% 13,681 $4.3M Add +2.4%
GE General Electric filed as GE AEROSPACE 0.07% 21,258 $4.3M Reduce -6.6%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.06% 53,148 $4.2M Reduce -84.2%
APO Apollo Global Management Inc. 0.06% 29,422 $4.0M New
ASML ASML Holding NV-NY Reg SHS 0.06% 6,058 $4.0M Reduce -12.0%
BWAY Brainsway Ltd.-ADR 0.06% 403,994 $3.8M Reduce -16.3%
CCJ Cameco Corp. 0.06% 87,558 $3.6M Reduce -24.1%
EQT Eqt Corp. 0.05% 66,970 $3.6M Add +13.3%
IVOO Vanguard S&P Mid-Cap 400 ETF 0.05% 36,252 $3.6M Reduce -22.8%
PYPL PayPal Holdings Inc. 0.05% 54,645 $3.6M Reduce -1.1%
VLO Valero Energy Corp. 0.05% 26,680 $3.5M Reduce -11.0%
DAL Delta Air Lines Inc. 0.05% 79,067 $3.5M Reduce -35.1%
ABT Abbott Laboratories 0.05% 25,013 $3.3M Reduce -27.6%
CSCO Cisco Systems Inc. 0.05% 51,848 $3.2M Reduce -16.4%
FEZ State Street SPDR Euro Stoxx 0.05% 58,260 $3.2M Add +35.2%
PM Philip Morris International 0.05% 19,778 $3.2M Add +4.0%
BSCS Invesco Bulletshares 2028 CB 0.05% 154,826 $3.1M Reduce -1.0%
APD Air Products & Chemicals Inc. 0.05% 10,593 $3.1M Add +1404.7%
VWO Vanguard Ftse Emerging Marke 0.05% 67,891 $3.1M Reduce -35.2%
IHF iShares U.S. Healthcare Prov 0.05% 56,362 $3.0M Reduce -18.7%
ADSK Autodesk Inc. 0.05% 11,250 $2.9M Reduce -36.8%
KO The Coca-Cola Co. 0.04% 40,265 $2.9M Reduce -1.4%
VTWO Vanguard Russell 2000 ETF 0.04% 35,716 $2.9M Reduce -60.9%
HES Hess Corp. 0.04% 17,339 $2.8M Reduce -25.0%
WMB Williams Cos Inc. 0.04% 45,806 $2.7M New
EWJ iShares MSCI Japan ETF 0.04% 38,839 $2.7M Reduce -11.8%
ORA Ormat Technologies Inc. 0.04% 37,500 $2.7M Add +257.1%
INDA iShares MSCI India ETF 0.04% 51,184 $2.6M Reduce -19.0%
INVZ Innoviz Technologies Ltd. 0.04% 3,980,604 $2.6M Reduce -20.1%
IR Ingersoll-Rand Inc. 0.04% 30,241 $2.4M Reduce -39.1%
ECL Ecolab Inc. 0.04% 9,477 $2.4M Add +11.4%
DXJ Wisdomtree Japan Hedged Eq 0.04% 21,370 $2.4M Reduce -46.6%
VYM Vanguard High DVD Yield ETF 0.04% 18,134 $2.3M No change
DHI D.R. Horton Inc. 0.04% 18,277 $2.3M Add +1.0%
NVO Novo-Nordisk A/S-Spons ADR 0.04% 33,131 $2.3M Add +73.1%
BKNG Booking Holdings Inc. 0.03% 484 $2.2M Add +332.1%
FLUT Flutter Entertainment PLC-Di 0.03% 9,542 $2.1M New
FLG Flagstar Bank NA 0.03% 180,094 $2.1M Reduce -8.7%
SEG Seaport Entertainment Group 0.03% 95,484 $2.1M No change
KBA Kraneshares Bosera MSCI Chin 0.03% 85,424 $2.0M Reduce -1.8%
TOL Toll Brothers Inc. 0.03% 18,959 $2.0M Reduce -14.4%
TMO Thermo Fisher Scientific Inc. 0.03% 3,895 $1.9M Reduce -65.3%
ANET Arista Networks Inc. 0.03% 24,547 $1.9M Reduce -33.4%
SHEL Shell PLC-ADR 0.03% 24,767 $1.8M Reduce -0.3%
CAT Caterpillar Inc. 0.03% 5,368 $1.8M Add +98.7%
CMCSA Comcast Corp. Class A 0.03% 47,927 $1.8M Add +5.5%
UPS United Parcel Service Class B 0.03% 15,698 $1.7M Add +192.4%
DLR Digital Realty Trust Inc. 0.03% 11,931 $1.7M Reduce -40.7%
CGNT Cognyte Software Ltd. 0.03% 218,981 $1.7M No change
BABA Alibaba Group Holding-SP ADR 0.03% 12,763 $1.7M Add +6.0%
HON Honeywell International Inc. 0.03% 7,940 $1.7M Reduce -40.9%
TXN Texas Instruments Inc. 0.03% 9,272 $1.7M Add +17.4%
VGK Vanguard Ftse Europe ETF 0.02% 23,090 $1.6M Add +1.4%
VDC Vanguard Consumer Staple ETF 0.02% 7,025 $1.5M Add +15.1%
APH Amphenol Corp. Class A 0.02% 22,441 $1.5M Add +8.8%
EMR Emerson Electric Co. 0.02% 13,009 $1.4M Add +192.1%
CEMB iShares JP Morgan Em Corpora 0.02% 30,708 $1.4M Reduce -58.1%
PLD Prologis Inc. 0.02% 12,272 $1.4M Add +35.9%
DHR Danaher Corp. 0.02% 6,519 $1.3M Reduce -75.6%
SARO Standardaero Inc. 0.02% 50,260 $1.3M No change
COP Conocophillips 0.02% 12,549 $1.3M Add +14.9%
NMAR Innovator GRW-100 PB ETF Mar 0.02% 51,950 $1.3M New
SLGL Sol-Gel Technologies Ltd. 0.02% 2,470,192 $1.3M No change
BSCP Invesco Bulletshares 2025 CB 0.02% 61,682 $1.3M Add +0.7%
NDEC In Gro-100 PWR Buf ETF - Dec 0.02% 52,869 $1.3M Reduce -9.4%
CPRT Copart Inc. 0.02% 21,834 $1.2M Add +392.8%
CRWD CrowdStrike Holdings Inc. Class A 0.02% 3,460 $1.2M Reduce -40.3%
BLK BlackRock Inc. 0.02% 1,252 $1.2M Add +72.9%
VZ Verizon Communications Inc. 0.02% 26,173 $1.2M Add +13.3%
PFE Pfizer Inc. 0.02% 45,798 $1.2M Reduce -32.1%
MBLY Mobileye Global Inc. Class A 0.02% 80,000 $1.2M New
GILD Gilead Sciences Inc. 0.02% 9,530 $1.1M Add +141.6%
PJAN Innovator U.S. Equity Power 0.02% 25,790 $1.1M New
DELL Dell Technologies -C 0.02% 11,580 $1.1M New
AEM Agnico Eagle Mines Ltd. 0.02% 9,500 $1.0M Add +16.7%
LOW Lowe's Cos Inc. 0.02% 4,365 $1.0M Add +142.9%
NJAN Innovator Growth 100 Power B 0.01% 21,080 $975K New
ADI Analog Devices Inc. 0.01% 4,791 $969K Reduce -28.0%
BUG Global X Cybersecurity ETF 0.01% 29,714 $961K New
MATW Matthews Intl Corp. Class A 0.01% 42,161 $942K Reduce -97.2%
TMUS T-Mobile US Inc. 0.01% 3,497 $937K New
ROP Roper Technologies Inc. 0.01% 1,568 $928K Reduce -2.8%
EOG EOG Resources Inc. 0.01% 7,160 $921K Add +298.9%
SEI Solaris Energy Infrastructur 0.01% 40,007 $875K Add +10.1%
TER Teradyne Inc. 0.01% 10,471 $869K Reduce -91.2%
SJNK SS SPDR BB St Hi Yield ETF 0.01% 33,927 $853K Reduce -2.8%
SNPS Synopsys Inc. 0.01% 1,982 $853K Reduce -29.4%
B Barrick Gold Corp. 0.01% 41,500 $811K Add +72.6%
KLAC KLA Corp. 0.01% 1,179 $804K Reduce -26.2%
STM Stmicroelectronics NV-NY SHS 0.01% 35,891 $794K New
RUN Sunrun Inc. 0.01% 135,187 $792K Add +19.4%
SHW The Sherwin-Williams Co. 0.01% 2,230 $781K Reduce -46.3%
GTLB Gitlab Inc. Class A 0.01% 16,000 $752K New
FNV Franco-Nevada Corp. 0.01% 4,736 $750K No change
NOW ServiceNow Inc. 0.01% 927 $738K Reduce -85.5%
NFEB Innov GRW-100 Por Bu ETF - F 0.01% 31,100 $737K New
CDNS Cadence Design SYS Inc. 0.01% 2,789 $711K Reduce -1.9%
T AT&T Inc. 0.01% 24,861 $707K New
SBUX Starbucks Corp. 0.01% 7,140 $704K New
PDEC Innovator U.S. Equity Power 0.01% 18,640 $703K Reduce -19.1%
PSX Phillips 66 0.01% 5,595 $694K New
DRIO Dariohealth Corp. 0.01% 1,126,736 $690K No change
VLN Valens Semiconductor Ltd. 0.01% 336,785 $687K No change
SOXX iShares Semiconductor ETF 0.01% 3,639 $685K Reduce -2.4%
IGSB iShares 1-5Y Inv Grade Corp. 0.01% 12,698 $665K No change
RY Royal Bank of Canada 0.01% 5,764 $653K Reduce -20.7%
MRVL Marvell Technology Inc. 0.01% 10,563 $652K Reduce -8.3%
FAS Dirx DLY Finacial B3X ETF-Ui 0.01% 4,100 $648K New
SNOW Snowflake Inc. 0.01% 4,351 $636K Reduce -0.8%
PH Parker Hannifin Corp. 0.01% 1,030 $628K Add +2.1%
GS Goldman Sachs Group Inc. 0.01% 1,114 $612K Reduce -85.7%
XYZ Block Inc. 0.01% 11,200 $608K New
FDX FedEx Corp. 0.01% 2,348 $572K Reduce -4.2%
NEM Newmont Corp. 0.01% 11,538 $559K Add +8.2%
PMAR Innovator U.S. Equity Power 0.01% 13,755 $549K New
DE Deere & Co. 0.01% 1,166 $549K Reduce -24.6%
A Agilent Technologies Inc. 0.01% 4,480 $526K Add +0.7%
PFEB Innovator U.S. Equity Power 0.01% 14,375 $515K New
EMXC iShares MSCI Emr MRK Ex Chna 0.01% 9,268 $511K Reduce -41.9%
KMI Kinder Morgan Inc. 0.01% 17,401 $496K No change
IDXX Idexx Laboratories Inc. 0.01% 1,161 $489K Add +2.8%
RTX RTX Corp. 0.01% 3,589 $478K Reduce -15.0%
TTAN Servicetitan Inc. Class A 0.01% 4,842 $461K No change
VLTO Veralto Corp. 0.01% 4,644 $454K Add +2.9%
XYL Xylem Inc. 0.01% 3,758 $451K New
WAT Waters Corp. 0.01% 1,205 $446K Reduce -13.9%
KRMN Karman Holdings Inc. 0.01% 13,013 $435K New
SO The Southern Co. 0.01% 4,572 $422K New
WM Waste Management Inc. 0.01% 1,799 $417K Add +8.6%
AWK American Water Works Co. Inc. 0.01% 2,690 $399K Reduce -8.3%
MAS Masco Corp. 0.01% 5,706 $398K New
EQIX Equinix Inc. 0.01% 487 $397K Reduce -23.6%
DKNG Draftkings Inc. Class A 0.01% 11,854 $394K Reduce -47.0%
CDW CDW Corp. 0.01% 2,389 $384K Add +36.3%
IEI iShares 3-7 Year Treasury Bo 0.01% 3,219 $380K Reduce -12.5%
SCHW Schwab (charles) Corp. 0.01% 4,800 $378K Reduce -9.2%
IREN Iren Ltd. filed as IREN LIMITED 0.01% 60,990 $373K Add +25.6%
ACWI iShares MSCI Acwi ETF 0.01% 3,120 $363K Reduce -9.1%
PNR Pentair PLC 0.01% 4,042 $355K Reduce -13.3%
IEX Idex Corp. 0.01% 1,948 $354K Reduce -14.2%
SHY iShares 1-3 Year Treasury Bo 0.01% 4,209 $348K No change
AMTM Amentum Holdings Inc. 0.01% 18,932 $345K No change
X United States Steel Corp. 0.01% 8,077 $341K Reduce -17.8%
PRMB Primo Brands Corp. 0.01% 9,499 $339K Reduce -3.1%
AMT American Tower Corp. 0.01% 1,546 $338K Reduce -10.2%
WTRG Essential Utilities Inc. 0.01% 8,426 $335K Reduce -83.8%
FERG Ferguson Enterprises Inc. 0.01% 2,061 $332K Add +1.0%
VNOM Viper Energy Inc. 0.01% 7,341 $331K New
REGN Regeneron Pharmaceuticals 0.01% 519 $329K Reduce -75.3%
KMAR Invtr US S CP PR BFR ETF - M 0.01% 13,220 $328K New
ORLY O'reilly Automotive Inc. 0.01% 228 $327K Reduce -80.9%
NXPI NXP Semiconductors NV 0.01% 1,708 $326K Reduce -43.0%
IT Gartner Inc. 0.00% 765 $322K Reduce -4.0%
KFEB Inov US SML Cap P Bu ETF - F 0.00% 13,392 $319K New
MMM 3M Co. 0.00% 2,151 $316K Add +23.6%
NDSN Nordson Corp. 0.00% 1,515 $307K Add +49.3%
HIVE Hive Digital Technologies LT 0.00% 208,904 $304K Add +81.3%
MCHP Microchip Technology Inc. 0.00% 6,233 $303K Reduce -9.0%
CL Colgate-Palmolive Co. 0.00% 3,218 $302K Add +24.5%
KDEC Inn US SML Cap P B ETF - Dec 0.00% 13,068 $299K Reduce -9.4%
HEZU iShares Currency Hedged MSCI 0.00% 7,650 $298K No change
ACM Aecom 0.00% 3,199 $298K Reduce -12.8%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.00% 1,033 $298K Reduce -41.1%
MSI Motorola Solutions Inc. 0.00% 663 $291K Add +25.3%
ADP Automatic Data Processing 0.00% 925 $284K Reduce -10.8%
CTAS Cintas Corp. 0.00% 1,361 $280K New
EWT iShares MSCI Taiwan ETF 0.00% 5,750 $273K No change
WDAY Workday Inc. Class A 0.00% 1,166 $273K New
ROK Rockwell Automation Inc. 0.00% 1,048 $272K New
WMS Advanced Drainage Systems Inc. 0.00% 2,463 $269K Add +5.2%
VRT Vertiv Holdings Co. Class A 0.00% 3,700 $268K Reduce -13.8%
STN Stantec Inc. 0.00% 3,217 $268K Reduce -16.2%
VNQ Vanguard Real Estate ETF 0.00% 2,951 $267K Add +4.7%
DB Deutsche Bank AG-Registered 0.00% 11,100 $266K New
COIN Coinbase Global Inc. Class A 0.00% 1,532 $265K Reduce -65.2%
ITW Illinois Tool Works 0.00% 1,060 $263K Add +24.3%
MLI Mueller Industries Inc. 0.00% 3,421 $262K Reduce -21.0%
BDX Becton Dickinson and Co. 0.00% 1,140 $261K Add +24.6%
CNM Core & Main Inc. Class A 0.00% 5,378 $261K Reduce -17.9%
JOBY Joby Aviation Inc. 0.00% 43,000 $260K New
FBIN Fortune Brands Innovations I 0.00% 4,238 $259K New
AZO AutoZone Inc. 0.00% 67 $255K New
CEG Constellation Energy 0.00% 1,240 $250K Reduce -50.9%
VT Vanguard Tot World STK ETF 0.00% 2,135 $248K No change
FTNT Fortinet Inc. 0.00% 2,512 $242K Reduce -87.5%
LLYVK Liberty Media Corp.-Liberty-C 0.00% 3,502 $239K Reduce -13.3%
AMBA Ambarella Inc. 0.00% 4,700 $238K New
KJAN Innovator U.S. Small Cap Pow 0.00% 6,655 $237K New
CORZ Core Scientific Inc. 0.00% 32,194 $234K Add +20.4%
CGNX Cognex Corp. 0.00% 7,800 $234K New
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.00% 5,557 $234K New
FICO Fair Isaac Corp. 0.00% 125 $231K Add +0.8%
AXP American Express Co. 0.00% 852 $230K New
CSX CSX Corp. 0.00% 7,648 $225K New
DD Dupont DE Nemours Inc. 0.00% 3,003 $224K Add +12.8%
EW Edwards Lifesciences Corp. 0.00% 3,065 $222K Reduce -93.1%
TRMB Trimble Inc. 0.00% 3,319 $219K New
COO The Cooper Cos Inc. 0.00% 2,564 $217K Reduce -22.2%
AVB Avalonbay Communities Inc. 0.00% 1,001 $216K Reduce -7.1%
BTDR Bitdeer Technologies Group-A 0.00% 24,269 $215K Add +47.9%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.00% 620 $215K New
PTC PTC Inc. 0.00% 1,377 $214K New
STZ Constellation Brands Inc. Class A 0.00% 1,159 $214K Reduce -1.5%
CIFR Cipher Digital Inc. 0.00% 91,753 $212K Add +9.3%
VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC 0.00% 39,819 $211K Add +71.8%
BTBT Bit Digital Inc. 0.00% 103,773 $211K Reduce -24.0%
AOS Smith (a.o.) Corp. 0.00% 3,207 $210K Reduce -22.5%
IQV Iqvia Holdings Inc. 0.00% 1,174 $208K Reduce -14.8%
ON On Semiconductor 0.00% 5,072 $207K Add +4.0%
CLSK Cleanspark Inc. 0.00% 29,890 $202K Reduce -40.0%
AQN Algonquin Power & Utilities 0.00% 38,259 $198K Reduce -1.4%
ASTL Algoma Steel Group Inc. 0.00% 35,714 $195K No change
HUT Hut 8 Corp. 0.00% 16,579 $194K Add +36.5%
HPE Hewlett Packard Enterprise 0.00% 11,600 $180K Reduce -55.0%
MARA Mara Holdings Inc. 0.00% 14,878 $172K Reduce -36.7%
OPK Opko Health Inc. 0.00% 100,000 $171K No change
WBD Warner Bros Discovery Inc. 0.00% 15,274 $164K Reduce -0.5%
OPTU Optimum Communications Inc. Class A filed as ALTICE USA INC 0.00% 57,962 $154K No change
BITF Bitfarms Ltd./Canada 0.00% 194,248 $154K Reduce -27.1%
WULF Terawulf Inc. 0.00% 49,984 $137K Reduce -22.8%
LSEA Landsea Homes Corp. 0.00% 19,780 $127K No change
LUMN Lumen Technologies Inc. 0.00% 29,633 $116K New
AMCX AMC Global Media Inc. filed as AMC NETWORKS INC 0.00% 16,382 $113K No change
SERV Serve Robotics Inc. 0.00% 15,000 $87K New
ACHR Archer Aviation Inc. Class A 0.00% 10,000 $71K New
DDD 3D Systems Corp. filed as 3-D SYS CORP DEL 0.00% 28,000 $60K New

Options reported separately and not counted above: ISHARES TR puts ($52K), TEVA PHARMACEUTICAL INDS LTD calls ($18K), MOBILEYE GLOBAL INC calls ($12K), ICL GROUP LTD calls ($6K), CAE INC puts ($2K).

Other holdings (3): bonds, preferreds, convertibles and warrants · $854K (not counted above)
SecurityClassShares / PrincipalValueChange
ARKOW Arko Corp. -CW25 *W EXP 12/22/202 1,094,488$434KNo change
TBLAW Taboola.com Ltd. -CW27 *W EXP 99/99/999 763,512$396KNo change
EVGO INC *W EXP 07/01/202 40,000$23KNo change

Total filed on the 13F, all lines: $6.5B.

Portfolio Sells Q4 2024 → Q1 2025

XLF SS Financial Select Sector Reduce -62.8% 3.11% −4.11
MLPX Global X MLP & Energy Infras Sold out 0.00% −2.72
IXN iShares Global Tech ETF Sold out 0.00% −2.15
MITK Mitek Systems Inc. Sold out 0.00% −1.44
JCI Johnson Controls Internation Reduce -86.6% 0.21% −1.15
PANW Palo Alto Networks Inc. Reduce -78.5% 0.27% −0.92
TSEM Tower Semiconductor Ltd. Reduce -0.1% 2.10% −0.61
ETN Eaton Corp. PLC Reduce -88.3% 0.07% −0.56
MATW Matthews Intl Corp. Class A Reduce -97.2% 0.01% −0.56
TECK Teck Resources Ltd.-CLS B Sold out 0.00% −0.52
NICE Nice Ltd. - Spon ADR Reduce -3.2% 2.96% −0.50
XLI SS Industrial Select Sector Reduce -23.5% 2.64% −0.45
XBI SS SPDR S&P Biotech ETF Reduce -52.2% 0.35% −0.37
CTV Innovid Corp. Sold out 0.00% −0.36
PICK iShares MSCI Global Metals & Sold out 0.00% −0.31
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -84.2% 0.06% −0.28
EWY iShares MSCI South Korea ETF Sold out 0.00% −0.28
MSFT Microsoft Corp. Reduce -6.6% 3.36% −0.24
AVGO Broadcom Inc. Reduce -20.4% 0.41% −0.23
EWZ iShares MSCI Brazil ETF Reduce -41.2% 0.70% −0.22
TGT Target Corp. Reduce -1.0% 1.15% −0.19
NUE Nucor Corp. Sold out 0.00% −0.19
TER Teradyne Inc. Reduce -91.2% 0.01% −0.19
CLBT Cellebrite Di Ltd. Reduce -43.8% 0.24% −0.19
XLP SS Consumer Staples Sel Sect Reduce -48.2% 0.28% −0.18
ITRN Ituran Location and Control Reduce -64.0% 0.14% −0.16
EQX Equinox Gold Corp. Sold out 0.00% −0.15
TSM Taiwan Semiconductor-SP ADR Reduce -2.9% 1.14% −0.12
TSLA Tesla Inc. Reduce -5.5% 0.24% −0.11
RDWR Radware Ltd. Reduce -40.5% 0.18% −0.10
NOW ServiceNow Inc. Reduce -85.5% 0.01% −0.08
CAE Cae Inc. Sold out 0.00% −0.08
MA Mastercard Inc. Class A Reduce -29.9% 0.35% −0.08
SRE Sempra Sold out 0.00% −0.07
INVZ Innoviz Technologies Ltd. Reduce -20.1% 0.04% −0.07
CF CF Industries Holdings Inc. Sold out 0.00% −0.07
ADBE Adobe Inc. Reduce -15.2% 0.32% −0.07
UNH Unitedhealth Group Inc. Reduce -33.8% 0.23% −0.07
VTWO Vanguard Russell 2000 ETF Reduce -60.9% 0.04% −0.07
DHR Danaher Corp. Reduce -75.6% 0.02% −0.06
BAC Bank of America Corp. Reduce -28.0% 0.21% −0.06
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −0.06
HUBS HubSpot Inc. Sold out 0.00% −0.06
GS Goldman Sachs Group Inc. Reduce -85.7% 0.01% −0.05
RSPT Invesco S&P 500 Equal Weight Sold out 0.00% −0.05
TMO Thermo Fisher Scientific Inc. Reduce -65.3% 0.03% −0.05
TJX TJX Companies Inc. Reduce -34.7% 0.14% −0.05
DAL Delta Air Lines Inc. Reduce -35.1% 0.05% −0.05
SMH Vaneck Semiconductor ETF Reduce -26.3% 0.12% −0.05
DFS Discover Financial Services Sold out 0.00% −0.04

Portfolio Buys Q4 2024 → Q1 2025

RSP Invesco S&P 500 Equal Weight New 4.12% +4.12
NSC Norfolk Southern Corp. New 1.69% +1.69
FCX Freeport-McMoran Inc. Add +1354.9% 1.53% +1.44
C Citigroup Inc. Add +8378.7% 1.33% +1.31
XLE SS Energy Select Sector Add +56.6% 2.37% +1.13
XLRE SS Real Estate Select Sector Add +46.7% 2.26% +0.93
MCD McDonald's Corp. Add +14.9% 2.73% +0.76
ORCL Oracle Corp. Add +64.8% 2.06% +0.73
URA Global X Uranium ETF New 0.63% +0.63
XLV SS Health Care Select Sector Add +5.4% 3.05% +0.62
SBIO Alps Medical Breakthroughs New 0.50% +0.50
CFLT Confluent Inc. Class A Add +901.4% 0.56% +0.50
FHN First Horizon Corp. New 0.45% +0.45
MCHI iShares MSCI China ETF Add +1583.5% 0.42% +0.40
VST Vistra Corp. Add +777.2% 0.40% +0.35
BA The Boeing Co. Add +430.9% 0.39% +0.32
CAMT Camtek Ltd. Add +266.0% 0.42% +0.28
QQQ Invesco QQQ Trust Series 1 Add +35.9% 0.98% +0.28
LRCX Lam Research Corp. Add +1387.8% 0.28% +0.26
VRNS Varonis Systems Inc. Add +30.2% 0.92% +0.24
ODYS Odysight.ai Inc. New 0.23% +0.23
AAPL Apple Inc. Add +12.6% 2.15% +0.23
NVDA Nvidia Corp. Add +19.5% 2.72% +0.21
NVMI Nova Ltd. Add +17.9% 0.87% +0.17
FLOC Flowco Holdings Inc. Class A New 0.16% +0.16
GLD SPDR Gold Shares Add +128.8% 0.22% +0.15
ENPH Enphase Energy Inc. Add +73.3% 0.34% +0.15
MCK McKesson Corp. Add +176.1% 0.17% +0.12
LLY Eli Lilly & Co. Add +30.7% 0.31% +0.11
INTU Intuit Inc. Add +220.6% 0.15% +0.10
SSYS Stratasys Ltd. Add +0.4% 0.54% +0.10
TDG Transdigm Group Inc. New 0.10% +0.10
NFLX Netflix Inc. Add +64.7% 0.20% +0.10
KWEB Kranesh Csi China Internet Add +146.6% 0.14% +0.10
IWM iShares Russell 2000 ETF New 0.09% +0.09
TEVA Teva Pharmaceutical-SP ADR Add +29.5% 6.46% +0.08
GLBE Global-E Online Ltd. New 0.07% +0.07
MDT Medtronic PLC Add +938.9% 0.07% +0.07
SAIL Sailpoint Inc. New 0.07% +0.07
WIX Wix.com Ltd. Add +41.2% 0.37% +0.06
XOM Exxon Mobil Corp. Add +23.9% 0.18% +0.06
APO Apollo Global Management Inc. New 0.06% +0.06
UBER Uber Technologies Inc. Add +44.6% 0.11% +0.05
UNP Union Pacific Corp. Add +27.4% 0.15% +0.05
CRM Salesforce Inc. Add +42.6% 0.22% +0.05
APD Air Products & Chemicals Inc. Add +1404.7% 0.05% +0.05
SPIB SS SPDR P Int C Corp. ETF Add +22.2% 0.15% +0.04
WMB Williams Cos Inc. New 0.04% +0.04
SYK Stryker Corp. Add +14.6% 0.16% +0.04
GOVT iShares US Treasury Bond ETF Add +13.0% 0.18% +0.04

Options Activity Q4 2024 → Q1 2025

ISHARES TR put New 950,000 $52K
TEVA PHARMACEUTICAL INDS LTD call New 1,202,500 $18K
TEVA Teva Pharmaceutical-SP ADR call Sold out 740,000 $16Kbefore exit
MOBILEYE GLOBAL INC call New 830,000 $12K
GOOGL Alphabet Inc. Class A call Sold out 36,800 $7Kbefore exit
ICL GROUP LTD call New 1,050,000 $6K
SHEL Shell PLC-ADR call Sold out 58,900 $4Kbefore exit
V Visa Inc. Class A call Sold out 10,500 $3Kbefore exit
ICL Icl Group Ltd. call Sold out 650,000 $3Kbefore exit
AMZN Amazon.com Inc. call Sold out 11,000 $2Kbefore exit
CAE INC put New 97,500 $2K
RSKD Riskified Ltd. Class A call Sold out 380,000 $2Kbefore exit

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

Notes & Other Activity Q4 2024 → Q1 2025

INNOVID CORP *W EXP 11/30/202 Sold out 697,170 $252Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 518$14.6BTEVA, TSEM, XLI, IXN, TSM
Q1 2026 480$10.5BTEVA, TSEM, XLI, AMZN, IXN
Q4 2025 459$9.2BTEVA, XLI, TSEM, AMZN, MSFT
Q3 2025Amended 454$8.2BTEVA, ACWI, MSFT, RSP, NVDA
Q2 2025 418$7.6BTEVA, MSFT, XLI, AMZN, ACWI
Q1 2025 363$6.5BTEVA, AMZN, RSP, MSFT, XLF
Q4 2024 352$7.3BXLF, TEVA, AMZN, MSFT, NICE
Q3 2024 353$6.8BXLF, TEVA, NICE, MSFT, AMZN
Q2 2024 338$6.6BXLF, TEVA, NICE, MSFT, NVDA
Q1 2024 400$7.2BXLF, TEVA, XOP, NICE, XLV