Pinebridge Investments, L.P.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Pinebridge Investments, L.P. reported 524 stock positions worth $13.5 billion. Its top holding was Nvidia (NVDA) at 8.9% of the portfolio, followed by Microsoft (MSFT, 7.3%) and Apple (AAPL, 5.7%). Compared with Q2 2025, it opened 54 new positions, sold out of 81, added to 170 and reduced 282. The biggest buy was Nvidia (NVDA, shares +17%) and the biggest sale Yum China (YUMC, shares −80%).
- Most Recent 13F
- Q3 2025
- Location
- NEW YORK, NY
- CIK
- 0001531721
- Portfolio Value
- $13.5B (Q3 2025)
- SEC Filing
- 0001193125-25-281818 ↗ filed Nov 14, 2025
Holdings Value
Holdings 524 stocks · $13.5B
| NVDA Nvidia Corp. | 8.93% | 6,445,126 | $1.2B | Add +16.5% |
| MSFT Microsoft Corp. | 7.27% | 1,890,343 | $979.1M | Add +17.5% |
| AAPL Apple Inc. | 5.74% | 3,037,520 | $773.4M | Add +1.3% |
| GOOGL Alphabet Inc. Class A | 3.64% | 2,016,975 | $490.3M | Add +8.9% |
| META Meta Platforms Inc. Class A | 3.07% | 562,907 | $413.4M | Add +5.6% |
| AMZN Amazon.com Inc. | 2.90% | 1,778,316 | $390.5M | Add +2.0% |
| JPM JPMorgan Chase & Co. | 2.27% | 966,969 | $305.0M | Add +11.4% |
| SHY iShares 1-3 Year Treasury Bo | 2.19% | 3,557,000 | $295.1M | Add +5.6% |
| AVGO Broadcom Inc. | 2.05% | 835,668 | $275.7M | Add +14.3% |
| UNP Union Pacific Corp. | 1.59% | 903,346 | $213.5M | Add +84.4% |
| TSLA Tesla Inc. | 1.37% | 414,632 | $184.4M | Reduce -4.4% |
| GOOG Alphabet Inc. Class C | 1.24% | 683,249 | $166.4M | Reduce -9.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.17% | 312,842 | $157.3M | Reduce -19.2% |
| XOM Exxon Mobil Corp. | 1.06% | 1,270,762 | $143.3M | Add +10.8% |
| MA Mastercard Inc. Class A | 0.96% | 228,286 | $129.9M | Add +4.2% |
| HON Honeywell International Inc. | 0.87% | 556,982 | $117.2M | Add +45.9% |
| GS Goldman Sachs Group Inc. | 0.86% | 145,151 | $115.6M | Add +57.3% |
| PANW Palo Alto Networks Inc. | 0.77% | 510,132 | $103.9M | Add +83.5% |
| STT State Street Corp. | 0.76% | 880,356 | $102.1M | Add +15.2% |
| LLY Eli Lilly & Co. | 0.73% | 129,683 | $98.9M | Add +44.9% |
| V Visa Inc. Class A | 0.72% | 285,809 | $97.6M | Add +11.2% |
| LOW Lowe's Cos Inc. | 0.71% | 381,618 | $95.9M | Reduce -3.9% |
| HD Home Depot Inc. | 0.66% | 217,699 | $88.2M | Reduce -14.9% |
| MSI Motorola Solutions Inc. | 0.64% | 188,392 | $86.1M | Reduce -23.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.61% | 168,120 | $82.4M | Add +52.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.61% | 1,591,214 | $82.1M | Add +238.9% |
| LRCX Lam Research Corp. | 0.60% | 601,857 | $80.6M | Add +32.6% |
| NFLX Netflix Inc. | 0.59% | 66,637 | $79.9M | Add +33.2% |
| SNPS Synopsys Inc. | 0.59% | 161,081 | $79.5M | Add +43.0% |
| WMT Walmart Inc. | 0.59% | 766,051 | $78.9M | Reduce -3.5% |
| PG The Procter & Gamble Co. | 0.57% | 497,149 | $76.4M | Add +50.8% |
| PLTR Palantir Technologies Inc. Class A | 0.53% | 394,141 | $71.9M | Reduce -5.1% |
| INTU Intuit Inc. | 0.53% | 103,868 | $70.9M | Reduce -13.1% |
| C Citigroup Inc. | 0.53% | 697,116 | $70.8M | Add +141.9% |
| ARGX Argenx SE - ADR | 0.52% | 95,723 | $70.6M | Add +24.7% |
| SCHW Schwab (charles) Corp. | 0.52% | 735,027 | $70.2M | Add +42.5% |
| TMO Thermo Fisher Scientific Inc. | 0.50% | 137,676 | $66.8M | Add +3.2% |
| FIS Fidelity National Info Serv | 0.47% | 958,057 | $63.2M | Add +61.9% |
| QCOM Qualcomm Inc. | 0.47% | 379,074 | $63.1M | Reduce -26.9% |
| NOW ServiceNow Inc. | 0.47% | 68,353 | $62.9M | Add +4.4% |
| FTNT Fortinet Inc. | 0.46% | 740,352 | $62.2M | Add +24.0% |
| COST Costco Wholesale Corp. | 0.45% | 65,440 | $60.6M | Add +23.7% |
| YUMC Yum China Holdings Inc. | 0.45% | 176,450 | $60.2M | Reduce -80.3% |
| PLD Prologis Inc. | 0.43% | 510,719 | $58.5M | Add +141.4% |
| GE General Electric filed as GE AEROSPACE | 0.43% | 191,757 | $57.7M | Add +624.9% |
| CHRW C.H. Robinson Worldwide Inc. | 0.43% | 433,837 | $57.4M | Add +7.0% |
| CME Cme Group Inc. | 0.42% | 208,895 | $56.4M | Add +30.7% |
| MS Morgan Stanley | 0.42% | 354,676 | $56.4M | Add +61.6% |
| WFC Wells Fargo & Co. | 0.42% | 669,732 | $56.1M | Add +253.9% |
| ANET Arista Networks Inc. | 0.42% | 384,872 | $56.1M | Reduce -22.1% |
| JNJ Johnson & Johnson | 0.41% | 295,917 | $54.9M | Reduce -21.6% |
| FE Firstenergy Corp. | 0.40% | 1,173,664 | $53.8M | Add +14.0% |
| ROP Roper Technologies Inc. | 0.40% | 106,883 | $53.3M | Add +15.7% |
| ITW Illinois Tool Works | 0.40% | 203,987 | $53.2M | Add +0.3% |
| CRM Salesforce Inc. | 0.39% | 224,273 | $53.2M | Reduce -16.9% |
| ROK Rockwell Automation Inc. | 0.39% | 151,212 | $52.9M | Reduce -1.5% |
| CMCSA Comcast Corp. Class A | 0.39% | 1,661,212 | $52.2M | Add +26.8% |
| WAB Wabtec Corp. | 0.38% | 254,772 | $51.1M | Add +3.8% |
| ABT Abbott Laboratories | 0.37% | 368,351 | $49.3M | Reduce -1.2% |
| UNH Unitedhealth Group Inc. | 0.37% | 142,562 | $49.2M | Add +4.1% |
| NET Cloudflare Inc. Class A | 0.36% | 226,099 | $48.5M | Add +14.0% |
| PEP Pepsico Inc. | 0.36% | 345,243 | $48.5M | Reduce -24.6% |
| BKNG Booking Holdings Inc. | 0.36% | 8,909 | $48.1M | Reduce -9.0% |
| CSCO Cisco Systems Inc. | 0.36% | 698,986 | $47.8M | Reduce -11.0% |
| DLR Digital Realty Trust Inc. | 0.35% | 275,554 | $47.6M | Reduce -9.5% |
| CCC CCC Intelligent Solutions Ho | 0.35% | 5,150,524 | $46.9M | Add +41.4% |
| ABNB Airbnb Inc. Class A | 0.34% | 382,598 | $46.5M | Add +105.4% |
| PCAR Paccar Inc. | 0.33% | 451,267 | $44.4M | Add +9.5% |
| BMY Bristol-Myers Squibb Co. | 0.32% | 968,833 | $43.7M | Reduce -20.0% |
| AMGN Amgen Inc. | 0.32% | 152,515 | $43.0M | Add +28.4% |
| KMB Kimberly-Clark Corp. | 0.32% | 345,243 | $42.9M | Reduce -5.9% |
| ORCL Oracle Corp. | 0.31% | 148,263 | $41.7M | Add +46.0% |
| ADBE Adobe Inc. | 0.31% | 117,332 | $41.4M | Add +5.0% |
| ARMK Aramark | 0.31% | 1,072,667 | $41.2M | Add +16.3% |
| HDB HDFC Bank Ltd.-ADR | 0.30% | 1,197,800 | $40.9M | No change |
| KLAC KLA Corp. | 0.30% | 36,929 | $39.8M | Reduce -25.5% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.29% | 1,215,130 | $39.6M | New |
| ADSK Autodesk Inc. | 0.29% | 121,144 | $38.5M | Reduce -1.4% |
| RMD Resmed Inc. | 0.28% | 139,069 | $38.1M | Reduce -24.3% |
| COP Conocophillips | 0.28% | 397,505 | $37.6M | Reduce -8.2% |
| MCK McKesson Corp. | 0.28% | 48,251 | $37.3M | Add +219.9% |
| AMT American Tower Corp. | 0.27% | 190,464 | $36.6M | Add +31.4% |
| MRK Merck & Co. Inc. | 0.27% | 432,527 | $36.3M | Reduce -8.8% |
| MCO Moody's Corp. | 0.26% | 74,741 | $35.6M | Reduce -5.5% |
| DDOG Datadog Inc. Class A | 0.26% | 247,398 | $35.2M | Add +3.5% |
| GEN Gen Digital Inc. | 0.26% | 1,235,780 | $35.1M | Reduce -14.7% |
| ADP Automatic Data Processing | 0.26% | 118,472 | $34.8M | Add +60.0% |
| VZ Verizon Communications Inc. | 0.26% | 790,228 | $34.7M | Add +407.7% |
| AMD Advanced Micro Devices | 0.25% | 211,655 | $34.2M | Add +25.4% |
| ZS Zscaler Inc. | 0.25% | 110,961 | $33.3M | Add +6.6% |
| AMP Ameriprise Financial Inc. | 0.24% | 66,996 | $32.9M | Reduce -0.4% |
| GLD SPDR Gold Shares | 0.24% | 92,501 | $32.9M | Add +74.6% |
| HCA HCA Healthcare Inc. | 0.24% | 76,784 | $32.7M | Add +32.1% |
| MMM 3M Co. | 0.24% | 208,469 | $32.4M | Add +45.3% |
| EOG EOG Resources Inc. | 0.24% | 286,330 | $32.1M | Reduce -5.7% |
| IDXX Idexx Laboratories Inc. | 0.23% | 49,500 | $31.6M | Reduce -43.2% |
| TMUS T-Mobile US Inc. | 0.23% | 127,860 | $30.6M | Reduce -20.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.22% | 104,527 | $29.5M | Add +81.5% |
| CTAS Cintas Corp. | 0.22% | 142,237 | $29.2M | Reduce -24.1% |
| PGR Progressive Corp. | 0.22% | 117,487 | $29.0M | Reduce -11.4% |
Portfolio Sells Q2 2025 → Q3 2025
| YUMC Yum China Holdings Inc. | Reduce -80.3% | 0.45% | −2.05 |
| LMT Lockheed Martin Corp. | Reduce -94.8% | 0.02% | −0.41 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -19.2% | 1.17% | −0.32 |
| COF Capital One Financial Corp. | Reduce -64.7% | 0.14% | −0.29 |
| MO Altria Group Inc. | Reduce -58.0% | 0.20% | −0.25 |
| INTU Intuit Inc. | Reduce -13.1% | 0.53% | −0.22 |
| NTRS Northern Trust Corp. | Reduce -97.5% | 0.01% | −0.22 |
| CRM Salesforce Inc. | Reduce -16.9% | 0.39% | −0.19 |
| QCOM Qualcomm Inc. | Reduce -26.9% | 0.47% | −0.19 |
| NRG NRG Energy Inc. | Reduce -58.9% | 0.12% | −0.18 |
| MSI Motorola Solutions Inc. | Reduce -23.2% | 0.64% | −0.18 |
| WDAY Workday Inc. Class A | Reduce -86.3% | 0.03% | −0.18 |
| AVB Avalonbay Communities Inc. | Sold out | 0.00% | −0.17 |
| LDOS Leidos Holdings Inc. | Reduce -89.7% | 0.02% | −0.16 |
| TJX TJX Companies Inc. | Reduce -50.1% | 0.20% | −0.16 |
| REG Regency Centers Corp. | Reduce -73.1% | 0.05% | −0.16 |
| CL Colgate-Palmolive Co. | Reduce -36.2% | 0.17% | −0.16 |
| ABBV Abbvie Inc. | Reduce -59.0% | 0.14% | −0.16 |
| CI The Cigna Group | Reduce -76.1% | 0.04% | −0.15 |
| ICE Intercontinental Exchange Inc. | Reduce -72.0% | 0.05% | −0.15 |
| NEM Newmont Corp. | Reduce -74.7% | 0.08% | −0.15 |
| A Agilent Technologies Inc. | Reduce -97.2% | 0.00% | −0.14 |
| DELL Dell Technologies -C | Reduce -96.6% | 0.01% | −0.14 |
| IDXX Idexx Laboratories Inc. | Reduce -43.2% | 0.23% | −0.14 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.13 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -91.6% | 0.01% | −0.13 |
| UHS Universal Health Services-B | Reduce -77.6% | 0.04% | −0.13 |
| VRNS Varonis Systems Inc. | Sold out | 0.00% | −0.12 |
| GDDY GoDaddy Inc. Class A | Reduce -63.6% | 0.04% | −0.12 |
| TYL Tyler Technologies Inc. | Reduce -76.2% | 0.03% | −0.12 |
| BMY Bristol-Myers Squibb Co. | Reduce -20.0% | 0.32% | −0.12 |
| PEP Pepsico Inc. | Reduce -24.6% | 0.36% | −0.12 |
| SMR Nuscale Power Corp. | Reduce -83.3% | 0.02% | −0.12 |
| CTAS Cintas Corp. | Reduce -24.1% | 0.22% | −0.11 |
| AMAT Applied Materials Inc. | Reduce -54.7% | 0.10% | −0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -47.7% | 0.12% | −0.10 |
| PPL PPL Corp. | Sold out | 0.00% | −0.10 |
| CHTR Charter Communications Inc. Class A | Reduce -77.8% | 0.02% | −0.10 |
| IT Gartner Inc. | Reduce -39.2% | 0.06% | −0.10 |
| NVR NVR Inc. | Reduce -68.1% | 0.05% | −0.10 |
| CAT Caterpillar Inc. | Reduce -55.6% | 0.10% | −0.10 |
| TRMB Trimble Inc. | Reduce -59.5% | 0.07% | −0.10 |
| RMD Resmed Inc. | Reduce -24.3% | 0.28% | −0.09 |
| BKNG Booking Holdings Inc. | Reduce -9.0% | 0.36% | −0.09 |
| BF.B Brown-Forman Corp. Class B | Sold out | 0.00% | −0.09 |
| PEGA Pegasystems Inc. | Reduce -90.5% | 0.01% | −0.09 |
| CBRE CBRE Group Inc. Class A | Reduce -94.3% | 0.01% | −0.09 |
| AOS Smith (a.o.) Corp. | Reduce -86.8% | 0.01% | −0.09 |
| HD Home Depot Inc. | Reduce -14.9% | 0.66% | −0.09 |
| WSM Williams-Sonoma Inc. | Reduce -84.3% | 0.02% | −0.09 |
Portfolio Buys Q2 2025 → Q3 2025
| NVDA Nvidia Corp. | Add +16.5% | 8.93% | +1.99 |
| GOOGL Alphabet Inc. Class A | Add +8.9% | 3.64% | +1.05 |
| MSFT Microsoft Corp. | Add +17.5% | 7.27% | +0.92 |
| AAPL Apple Inc. | Add +1.3% | 5.74% | +0.86 |
| UNP Union Pacific Corp. | Add +84.4% | 1.59% | +0.69 |
| AVGO Broadcom Inc. | Add +14.3% | 2.05% | +0.45 |
| BAC Bank of America Corp. | Add +238.9% | 0.61% | +0.43 |
| GE General Electric | Add +624.9% | 0.43% | +0.37 |
| GS Goldman Sachs Group Inc. | Add +57.3% | 0.86% | +0.34 |
| C Citigroup Inc. | Add +141.9% | 0.53% | +0.33 |
| PANW Palo Alto Networks Inc. | Add +83.5% | 0.77% | +0.32 |
| WFC Wells Fargo & Co. | Add +253.9% | 0.42% | +0.30 |
| VICI Vici Properties Inc. | New | 0.29% | +0.29 |
| JPM JPMorgan Chase & Co. | Add +11.4% | 2.27% | +0.27 |
| PLD Prologis Inc. | Add +141.4% | 0.43% | +0.26 |
| LRCX Lam Research Corp. | Add +32.6% | 0.60% | +0.25 |
| VZ Verizon Communications Inc. | Add +407.7% | 0.26% | +0.20 |
| MCK McKesson Corp. | Add +219.9% | 0.28% | +0.19 |
| ARGX Argenx SE - ADR | Add +24.7% | 0.52% | +0.19 |
| LLY Eli Lilly & Co. | Add +44.9% | 0.73% | +0.18 |
| MS Morgan Stanley | Add +61.6% | 0.42% | +0.17 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +52.5% | 0.61% | +0.17 |
| CTVA Corteva Inc. | Add +6193.1% | 0.17% | +0.17 |
| HON Honeywell International Inc. | Add +45.9% | 0.87% | +0.17 |
| F Ford Motor Co. | New | 0.16% | +0.16 |
| PG The Procter & Gamble Co. | Add +50.8% | 0.57% | +0.15 |
| ABNB Airbnb Inc. Class A | Add +105.4% | 0.34% | +0.15 |
| SCHW Schwab (charles) Corp. | Add +42.5% | 0.52% | +0.15 |
| TFC Truist Financial Corp. | Add +416.0% | 0.18% | +0.14 |
| ORCL Oracle Corp. | Add +46.0% | 0.31% | +0.13 |
| SNPS Synopsys Inc. | Add +43.0% | 0.59% | +0.13 |
| EXC Exelon Corp. | Add +4791.5% | 0.13% | +0.13 |
| CHRW C.H. Robinson Worldwide Inc. | Add +7.0% | 0.43% | +0.12 |
| GLD SPDR Gold Shares | Add +74.6% | 0.24% | +0.12 |
| STT State Street Corp. | Add +15.2% | 0.76% | +0.11 |
| BX Blackstone Inc. | Add +105.7% | 0.21% | +0.11 |
| PCG P G & E Corp. | Add +633.3% | 0.13% | +0.11 |
| CVX Chevron Corp. | Add +89.3% | 0.21% | +0.10 |
| TSM Taiwan Semiconductor-SP ADR | Add +1264.3% | 0.10% | +0.10 |
| FCX Freeport-McMoran Inc. | Add +283.5% | 0.13% | +0.09 |
| LII Lennox International Inc. | Add +624.9% | 0.10% | +0.09 |
| FIS Fidelity National Info Serv | Add +61.9% | 0.47% | +0.09 |
| IBM Intl Business Machines Corp. | Add +81.5% | 0.22% | +0.08 |
| XOM Exxon Mobil Corp. | Add +10.8% | 1.06% | +0.08 |
| VTR Ventas Inc. | New | 0.08% | +0.08 |
| SHOP Shopify Inc. Class A | Add +1720.0% | 0.08% | +0.08 |
| ADP Automatic Data Processing | Add +60.0% | 0.26% | +0.08 |
| CCC CCC Intelligent Solutions Ho | Add +41.4% | 0.35% | +0.08 |
| UUUU Energy Fuels Inc. | New | 0.08% | +0.08 |
| URTH iShares MSCI World ETF | Add +94.2% | 0.15% | +0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 524 | $13.5B | NVDA, MSFT, AAPL, GOOGL, META |
| Q2 2025 | 551 | $12.6B | NVDA, MSFT, AAPL, META, AMZN |
| Q1 2025 | 712 | $12.6B | AAPL, MSFT, NVDA, JPM, AMZN |
| Q4 2024 | 707 | $13.3B | NVDA, MSFT, AAPL, JPM, AMZN |
| Q3 2024 | 722 | $13.3B | MSFT, NVDA, AAPL, AMZN, SHY |
| Q2 2024 | 552 | $12.4B | MSFT, NVDA, AAPL, AMZN, SHY |
| Q1 2024 | 571 | $12.6B | MSFT, NVDA, AAPL, SHY, AMZN |