Polar Capital Holdings Plc
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Polar Capital Holdings Plc reported 263 stock positions worth $20.8 billion. Its top holding was Smurfit Westrock (SW) at 15.4% of the portfolio, followed by Nvidia (NVDA, 6.3%) and Meta Platforms Class A (META, 4.0%). Compared with Q2 2024, it opened 45 new positions, sold out of 28, added to 82 and reduced 112. The biggest buy was a new position in Smurfit Westrock (SW) and the biggest sale CrowdStrike Class A (CRWD, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001837309
- Portfolio Value
- $20.8B (Q3 2024)
- SEC Filing
- 0001172661-24-004785 ↗ filed Nov 14, 2024
Holdings Value
Holdings 263 stocks · $20.8B
| SW Smurfit Westrock PLC | 15.40% | 527,770 | $3.2B | New |
| NVDA Nvidia Corp. | 6.29% | 10,755,076 | $1.3B | Add +0.2% |
| META Meta Platforms Inc. Class A | 3.98% | 1,444,868 | $827.1M | Add +7.6% |
| FERG Ferguson Enterprises Inc. | 3.49% | 76,703 | $725.3M | Reduce -25.0% |
| MSFT Microsoft Corp. | 3.32% | 1,605,143 | $690.7M | Reduce -13.4% |
| AVGO Broadcom Inc. | 2.49% | 2,994,542 | $516.6M | Add +2.1% |
| AMD Advanced Micro Devices | 2.09% | 2,640,329 | $433.2M | Add +34.2% |
| RNR Renaissancere Holdings Ltd. | 1.61% | 1,228,306 | $334.6M | Add +6.7% |
| ACGL Arch Capital Group Ltd. | 1.60% | 2,977,846 | $333.2M | No change |
| ANET Arista Networks Inc. | 1.58% | 856,539 | $328.8M | Add +4.5% |
| AAPL Apple Inc. | 1.47% | 1,306,755 | $304.5M | Reduce -11.6% |
| NET Cloudflare Inc. Class A | 1.40% | 3,595,505 | $290.8M | Add +22.9% |
| KLAC KLA Corp. | 1.26% | 339,335 | $262.8M | Add +35.5% |
| GOOG Alphabet Inc. Class C | 1.23% | 1,530,173 | $255.8M | Reduce -36.3% |
| CYBR Cyberark Software Ltd./Israel | 1.22% | 868,135 | $253.2M | Reduce -4.6% |
| GOOGL Alphabet Inc. Class A | 1.21% | 1,518,961 | $251.9M | Reduce -36.4% |
| CB Chubb Ltd. | 1.15% | 825,178 | $238.0M | Reduce -2.9% |
| AMZN Amazon.com Inc. | 1.12% | 1,243,524 | $231.7M | Reduce -22.6% |
| MELI MercadoLibre Inc. | 1.10% | 111,165 | $228.1M | Add +109.8% |
| SPOT Spotify Technology SA | 1.07% | 605,581 | $223.2M | Add +8.8% |
| MRSH Marsh & McLennan Cos | 1.07% | 996,375 | $222.3M | Reduce -0.8% |
| MU Micron Technology Inc. | 0.96% | 1,925,873 | $199.7M | Reduce -28.1% |
| MPWR Monolithic Power Systems Inc. | 0.92% | 205,829 | $190.3M | Add +15.2% |
| NOW ServiceNow Inc. | 0.88% | 204,250 | $182.7M | Add +5.7% |
| FSLR First Solar Inc. | 0.81% | 673,770 | $168.1M | Add +45.3% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.80% | 2,925,000 | $165.9M | Add +0.8% |
| PGR Progressive Corp. | 0.76% | 625,833 | $158.8M | Add +3.3% |
| APH Amphenol Corp. Class A | 0.76% | 2,423,255 | $157.9M | Reduce -28.7% |
| ESNT Essent Group Ltd. | 0.73% | 2,350,000 | $151.1M | No change |
| SHOP Shopify Inc. Class A | 0.72% | 1,871,887 | $150.0M | Add +73.0% |
| AXON Axon Enterprise Inc. | 0.68% | 353,028 | $141.1M | Add +4.2% |
| EG Everest Group Ltd. | 0.68% | 360,000 | $141.1M | Add +2.6% |
| ISRG Intuitive Surgical Inc. | 0.68% | 286,413 | $140.7M | Reduce -13.8% |
| NFLX Netflix Inc. | 0.66% | 194,373 | $137.9M | Add +29.8% |
| MKL Markel Group Inc. | 0.63% | 83,000 | $130.2M | Add +1.5% |
| TER Teradyne Inc. | 0.62% | 967,393 | $129.6M | Reduce -1.6% |
| TSLA Tesla Inc. | 0.61% | 485,784 | $127.1M | Reduce -2.4% |
| CYTK Cytokinetics Inc. | 0.59% | 2,337,847 | $123.4M | Reduce -4.8% |
| AMGN Amgen Inc. | 0.59% | 381,938 | $123.1M | Reduce -24.1% |
| MTSI Macom Technology Solutions H | 0.59% | 1,096,992 | $122.1M | New |
| TRV The Travelers Cos Inc. | 0.59% | 520,000 | $121.7M | Reduce -2.3% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.58% | 1,089,615 | $119.5M | Add +18.8% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.57% | 2,347,229 | $117.9M | Reduce -32.0% |
| PCVX Vaxcyte Inc. | 0.55% | 995,779 | $113.8M | New |
| RGA Reinsurance Group of America | 0.49% | 471,000 | $102.6M | No change |
| PANW Palo Alto Networks Inc. | 0.49% | 300,052 | $102.6M | Add +1172.3% |
| RYAN Ryan Specialty Holdings Inc. | 0.48% | 1,515,000 | $100.6M | No change |
| ARM Arm Holdings PLC-ADR | 0.47% | 686,519 | $98.2M | Add +7.5% |
| QCOM Qualcomm Inc. | 0.47% | 577,149 | $98.1M | Reduce -57.7% |
| XENE Xenon Pharmaceuticals Inc. | 0.46% | 2,444,645 | $96.2M | Reduce -3.6% |
| CLDX Celldex Therapeutics Inc. | 0.45% | 2,720,877 | $92.5M | Reduce -11.6% |
| MMYT Makemytrip Ltd. | 0.44% | 988,040 | $91.8M | Add +4.2% |
| LLY Eli Lilly & Co. | 0.42% | 97,935 | $86.8M | Reduce -1.3% |
| DASH DoorDash Inc. Class A | 0.42% | 605,318 | $86.4M | Add +567.2% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.41% | 310,000 | $85.3M | Add +8.8% |
| FN Fabrinet | 0.40% | 348,625 | $82.4M | Reduce -6.5% |
| ORCL Oracle Corp. | 0.40% | 483,245 | $82.3M | Add +221.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.39% | 175,000 | $81.4M | No change |
| BPMC Blueprint Medicines Corp. | 0.39% | 877,005 | $81.1M | Add +0.2% |
| RYTM Rhythm Pharmaceuticals Inc. | 0.38% | 1,500,000 | $78.6M | No change |
| VRNS Varonis Systems Inc. | 0.37% | 1,349,728 | $76.3M | Reduce -8.4% |
| REGN Regeneron Pharmaceuticals | 0.36% | 71,795 | $75.5M | Reduce -46.0% |
| PDD PDD Holdings Inc. | 0.34% | 529,895 | $71.4M | Add +5.7% |
| UNH Unitedhealth Group Inc. | 0.34% | 121,923 | $71.3M | Reduce -5.5% |
| RNAM Avidity Biosciences Inc. | 0.34% | 1,542,126 | $70.8M | Add +38.4% |
| HCA HCA Healthcare Inc. | 0.32% | 165,279 | $67.2M | Add +0.2% |
| MNDY Monday.com Ltd. | 0.32% | 240,045 | $66.7M | Add +251.2% |
| COHR Coherent Corp. | 0.31% | 723,238 | $64.3M | New |
| ARQT Arcutis Biotherapeutics Inc. | 0.31% | 6,884,372 | $64.0M | Add +0.1% |
| AVDL Avadel Pharmaceuticals Ltd. | 0.31% | 4,834,028 | $63.4M | Reduce -26.3% |
| MRUS Merus NV | 0.30% | 1,267,052 | $63.3M | No change |
| GLOB Globant SA | 0.30% | 316,167 | $62.6M | Add +18.1% |
| CIEN Ciena Corp. | 0.30% | 1,015,146 | $62.5M | New |
| PI Impinj Inc. | 0.30% | 286,189 | $62.0M | New |
| SUPN Supernus Pharmaceuticals Inc. | 0.29% | 1,937,930 | $60.4M | Reduce -0.1% |
| SE Sea Ltd.-ADR | 0.28% | 620,672 | $58.5M | Add +9.1% |
| MDB Mongodb Inc. | 0.28% | 214,125 | $57.9M | Add +187.7% |
| V Visa Inc. Class A | 0.28% | 210,322 | $57.8M | Reduce -7.3% |
| HUBS HubSpot Inc. | 0.28% | 108,331 | $57.6M | Add +0.7% |
| APP AppLovin Corp. Class A | 0.27% | 424,353 | $55.4M | New |
| TRUP Trupanion Inc. | 0.26% | 1,300,000 | $54.6M | Reduce -4.6% |
| ESTC Elastic NV | 0.26% | 692,120 | $53.1M | Reduce -26.0% |
| JPM JPMorgan Chase & Co. | 0.25% | 249,943 | $52.7M | Add +7.7% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.25% | 3,813,008 | $52.0M | Reduce -8.1% |
| AFL Aflac Inc. | 0.25% | 460,000 | $51.4M | Reduce -5.2% |
| NTNX Nutanix Inc. Class A | 0.25% | 865,565 | $51.3M | Add +62.3% |
| HGTY Hagerty Inc. Class A | 0.24% | 5,000,000 | $50.9M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 109,786 | $50.5M | Reduce -9.6% |
| INSM Insmed Inc. | 0.24% | 680,000 | $49.6M | Add +166.7% |
| SWTX Springworks Therapeutics Inc. | 0.23% | 1,500,000 | $48.1M | Add +50.0% |
| ETN Eaton Corp. PLC | 0.23% | 143,651 | $47.6M | Add +146.2% |
| BSX Boston Scientific Corp. | 0.22% | 546,376 | $45.8M | Reduce -10.5% |
| ABBV Abbvie Inc. | 0.22% | 231,471 | $45.7M | Reduce -28.1% |
| ICE Intercontinental Exchange Inc. | 0.22% | 278,481 | $44.7M | Add +1.1% |
| FAF First American Financial | 0.21% | 675,000 | $44.6M | No change |
| AGIO Agios Pharmaceuticals Inc. | 0.21% | 1,002,036 | $44.5M | New |
| ITGR Integer Holdings Corp. | 0.21% | 341,747 | $44.4M | Reduce -6.1% |
| IOT Samsara Inc. Class A | 0.21% | 921,095 | $44.3M | New |
| TCOM Trip.com Group Ltd.-ADR | 0.21% | 737,211 | $43.8M | New |
| MA Mastercard Inc. Class A | 0.21% | 88,631 | $43.8M | Reduce -26.2% |
Options reported separately and not counted above: AAPL calls ($11.0M), MSFT calls ($8.5M), XLF puts ($295K).
Other holdings (23): bonds, preferreds, convertibles and warrants · $168.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 20,000,000 | $22.2M | Reduce -14.9% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 14,360,000 | $17.2M | Reduce -4.3% |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 12,750,000 | $14.7M | Add +30.8% |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | 14,240,000 | $13.3M | New |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 12,500,000 | $12.9M | New |
| LIVE NATION ENTERTAINMEN (LYV 2 02/15/25) | NOTE 2.000% 2/1 · principal | 9,500,000 | $10.3M | New |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 9,500,000 | $8.7M | Add +375.0% |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | 4,300,000 | $8.6M | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 7,500,000 | $8.4M | No change |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 6,600,000 | $7.5M | Add +20.0% |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 6,000,000 | $7.1M | New |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 4,500,000 | $5.5M | Add +80.0% |
| WINNEBAGO INDUSTRIES (WGO 1.5 04/01/25) | NOTE 1.500% 4/0 · principal | 4,500,000 | $4.7M | No change |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 3,100,000 | $3.8M | New |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 2,000,000 | $3.7M | No change |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 3,000,000 | $3.6M | No change |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 3,500,000 | $3.5M | No change |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 3,000,000 | $3.5M | No change |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 2,000,000 | $2.8M | New |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 2,000,000 | $2.6M | No change |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 1,000,000 | $1.5M | New |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 1,000,000 | $1.2M | New |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 1,000,000 | $1.1M | No change |
Total filed on the 13F, all lines: $20.9B.
Portfolio Sells Q2 2024 → Q3 2024
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -97.4% | 0.03% | −1.74 |
| MSFT Microsoft Corp. | Reduce -13.4% | 3.32% | −1.60 |
| GOOG Alphabet Inc. Class C | Reduce -36.3% | 1.23% | −1.39 |
| GOOGL Alphabet Inc. Class A | Reduce -36.4% | 1.21% | −1.37 |
| QCOM Qualcomm Inc. | Reduce -57.7% | 0.47% | −1.14 |
| MU Micron Technology Inc. | Reduce -28.1% | 0.96% | −1.13 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.83 |
| P Everpure Inc. Class A | Reduce -32.0% | 0.57% | −0.75 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.74 |
| AMZN Amazon.com Inc. | Reduce -22.6% | 1.12% | −0.73 |
| APH Amphenol Corp. Class A | Reduce -28.7% | 0.76% | −0.60 |
| SNPS Synopsys Inc. | Reduce -90.2% | 0.04% | −0.53 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.52 |
| NBIX Neurocrine Biosciences Inc. | Reduce -96.7% | 0.01% | −0.49 |
| REGN Regeneron Pharmaceuticals | Reduce -46.0% | 0.36% | −0.47 |
| AAPL Apple Inc. | Reduce -11.6% | 1.47% | −0.39 |
| ESTC Elastic NV | Reduce -26.0% | 0.26% | −0.38 |
| MRVL Marvell Technology Inc. | Reduce -76.5% | 0.09% | −0.36 |
| AMGN Amgen Inc. | Reduce -24.1% | 0.59% | −0.34 |
| ACHC Acadia Healthcare Co. Inc. | Reduce -66.4% | 0.12% | −0.34 |
| MCK McKesson Corp. | Reduce -60.2% | 0.12% | −0.33 |
| DDOG Datadog Inc. Class A | Reduce -63.4% | 0.11% | −0.32 |
| BIIB Biogen Inc. | Sold out | 0.00% | −0.31 |
| CYBR Cyberark Software Ltd./Israel | Reduce -4.6% | 1.22% | −0.26 |
| TER Teradyne Inc. | Reduce -1.6% | 0.62% | −0.24 |
| AVDL Avadel Pharmaceuticals Ltd. | Reduce -26.3% | 0.31% | −0.24 |
| CDNS Cadence Design SYS Inc. | Reduce -38.3% | 0.18% | −0.23 |
| CLDX Celldex Therapeutics Inc. | Reduce -11.6% | 0.45% | −0.23 |
| KSPI JSC Kaspi.kz ADR | Sold out | 0.00% | −0.23 |
| ELV Elevance Health Inc. | Reduce -57.8% | 0.11% | −0.23 |
| SYK Stryker Corp. | Reduce -92.2% | 0.02% | −0.21 |
| ISRG Intuitive Surgical Inc. | Reduce -13.8% | 0.68% | −0.20 |
| CYTK Cytokinetics Inc. | Reduce -4.8% | 0.59% | −0.20 |
| MRSH Marsh & McLennan Cos | Reduce -0.8% | 1.07% | −0.19 |
| FDMT 4D Molecular Therapeutics Inc. | Reduce -51.9% | 0.04% | −0.17 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.17 |
| DXCM Dexcom Inc. | Reduce -45.1% | 0.05% | −0.15 |
| FN Fabrinet | Reduce -6.5% | 0.40% | −0.15 |
| VERA Vera Therapeutics Inc. | Sold out | 0.00% | −0.15 |
| CB Chubb Ltd. | Reduce -2.9% | 1.15% | −0.14 |
| XENE Xenon Pharmaceuticals Inc. | Reduce -3.6% | 0.46% | −0.12 |
| LLY Eli Lilly & Co. | Reduce -1.3% | 0.42% | −0.12 |
| ICLR Icon PLC | Reduce -30.7% | 0.12% | −0.11 |
| ALGN Align Technology Inc. | Sold out | 0.00% | −0.11 |
| ABBV Abbvie Inc. | Reduce -28.1% | 0.22% | −0.11 |
| MDGL Madrigal Pharmaceuticals Inc. | Reduce -19.8% | 0.10% | −0.11 |
| MA Mastercard Inc. Class A | Reduce -26.2% | 0.21% | −0.10 |
| PRA Proassurance Corp. | Sold out | 0.00% | −0.10 |
| WOLF Wolfspeed Inc. | Sold out | 0.00% | −0.09 |
| FROG Jfrog Ltd. | Sold out | 0.00% | −0.08 |
Portfolio Buys Q2 2024 → Q3 2024
| SW Smurfit Westrock PLC | New | 15.40% | +15.40 |
| MTSI Macom Technology Solutions H | New | 0.59% | +0.59 |
| MELI MercadoLibre Inc. | Add +109.8% | 1.10% | +0.58 |
| PCVX Vaxcyte Inc. | New | 0.55% | +0.55 |
| PANW Palo Alto Networks Inc. | Add +1172.3% | 0.49% | +0.45 |
| DASH DoorDash Inc. Class A | Add +567.2% | 0.42% | +0.36 |
| COHR Coherent Corp. | New | 0.31% | +0.31 |
| CIEN Ciena Corp. | New | 0.30% | +0.30 |
| PI Impinj Inc. | New | 0.30% | +0.30 |
| SHOP Shopify Inc. Class A | Add +73.0% | 0.72% | +0.30 |
| ORCL Oracle Corp. | Add +221.3% | 0.40% | +0.27 |
| APP AppLovin Corp. Class A | New | 0.27% | +0.27 |
| MNDY Monday.com Ltd. | Add +251.2% | 0.32% | +0.22 |
| AGIO Agios Pharmaceuticals Inc. | New | 0.21% | +0.21 |
| IOT Samsara Inc. Class A | New | 0.21% | +0.21 |
| TCOM Trip.com Group Ltd.-ADR | New | 0.21% | +0.21 |
| TBBB BBB Foods Inc. Class A | New | 0.20% | +0.20 |
| AMD Advanced Micro Devices | Add +34.2% | 2.09% | +0.19 |
| FSLR First Solar Inc. | Add +45.3% | 0.81% | +0.19 |
| MDB Mongodb Inc. | Add +187.7% | 0.28% | +0.17 |
| BEKE Ke Holdings Inc.-ADR | Add +17038.5% | 0.17% | +0.17 |
| ASND Ascendis Pharma A/S | New | 0.16% | +0.16 |
| INSM Insmed Inc. | Add +166.7% | 0.24% | +0.14 |
| ETN Eaton Corp. PLC | Add +146.2% | 0.23% | +0.12 |
| VTEX Vtex Class A | Add +260.6% | 0.15% | +0.10 |
| ROIV Roivant Sciences Ltd. | Add +133.3% | 0.19% | +0.10 |
| CRTO Criteo SA-Spon | New | 0.10% | +0.10 |
| IDYA Ideaya Biosciences Inc. | New | 0.10% | +0.10 |
| CVE Cenovus Energy Inc. | New | 0.10% | +0.10 |
| ALC Alcon Inc. | New | 0.09% | +0.09 |
| AXON Axon Enterprise Inc. | Add +4.2% | 0.68% | +0.09 |
| AVTR Avantor Inc. | New | 0.08% | +0.08 |
| RNR Renaissancere Holdings Ltd. | Add +6.7% | 1.61% | +0.08 |
| LOW Lowe's Cos Inc. | New | 0.08% | +0.08 |
| PTGX Protagonist Therapeutics Inc. | New | 0.08% | +0.08 |
| OTEX Open Text Corp. | New | 0.07% | +0.07 |
| RNAM Avidity Biosciences Inc. | Add +38.4% | 0.34% | +0.07 |
| AXS Axis Capital Holdings Ltd. | New | 0.07% | +0.07 |
| CNQ Canadian Natural Resources | New | 0.07% | +0.07 |
| NTNX Nutanix Inc. Class A | Add +62.3% | 0.25% | +0.07 |
| VRT Vertiv Holdings Co. Class A | Add +1225.5% | 0.07% | +0.06 |
| PLTR Palantir Technologies Inc. Class A | New | 0.06% | +0.06 |
| STVN Stevanato Group SPA | New | 0.06% | +0.06 |
| NFLX Netflix Inc. | Add +29.8% | 0.66% | +0.06 |
| LEGN Legend Biotech Corp.-ADR | Add +140.2% | 0.12% | +0.06 |
| QGEN Qiagen NV | New | 0.06% | +0.06 |
| ECL Ecolab Inc. | New | 0.06% | +0.06 |
| GL Globe Life Inc. | New | 0.06% | +0.06 |
| SITM Sitime Corp. | New | 0.05% | +0.05 |
| XYZ Block Inc. | New | 0.05% | +0.05 |
Options Activity Q2 2024 → Q3 2024
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Reduce -14.9% | 20,000,000 | $22.2M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Reduce -4.3% | 14,360,000 | $17.2M |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Add +30.8% | 12,750,000 | $14.7M |
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | New | 14,240,000 | $13.3M |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | New | 12,500,000 | $12.9M |
| LIVE NATION ENTERTAINMEN (LYV 2 02/15/25) | NOTE 2.000% 2/1 · principal | New | 9,500,000 | $10.3M |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | Add +375.0% | 9,500,000 | $8.7M |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | New | 4,300,000 | $8.6M |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | Sold out | 8,500,000 | $7.7Mbefore exit |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Add +20.0% | 6,600,000 | $7.5M |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | New | 6,000,000 | $7.1M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Add +80.0% | 4,500,000 | $5.5M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Sold out | 4,000,000 | $4.3Mbefore exit |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Sold out | 4,000,000 | $3.9Mbefore exit |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | New | 3,100,000 | $3.8M |
| ZILLOW GROUP INC (Z 1.375 09/01/26) | NOTE 1.375% 9/0 · principal | Sold out | 3,000,000 | $3.6Mbefore exit |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Sold out | 4,350,000 | $3.5Mbefore exit |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Sold out | 2,000,000 | $3.1Mbefore exit |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | New | 2,000,000 | $2.8M |
| BREAD FINANCIAL HLDGS (BFH 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | Sold out | 2,000,000 | $2.7Mbefore exit |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | Sold out | 2,500,000 | $2.4Mbefore exit |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | Sold out | 2,500,000 | $2.2Mbefore exit |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | New | 1,000,000 | $1.5M |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 1,000,000 | $1.4Mbefore exit |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | New | 1,000,000 | $1.2M |
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 | 224 | $35.2B | NVDA, AMD, MU, SNDK, LRCX |
| Q1 2026 | 239 | $22.9B | NVDA, AVGO, AMD, META, SNDK |
| Q4 2025 | 259 | $21.9B | NVDA, AVGO, AMD, META, MSFT |
| Q3 2025 | 235 | $20.7B | NVDA, META, AVGO, MSFT, NET |
| Q2 2025 | 249 | $19.0B | NVDA, META, AVGO, MSFT, AMD |
| Q1 2025 | 258 | $16.3B | NVDA, META, MSFT, AVGO, RNR |
| Q4 2024 | 271 | $17.7B | NVDA, META, AVGO, MSFT, AAPL |
| Q3 2024 | 263 | $20.8B | SW, NVDA, META, FERG, MSFT |
| Q2 2024 | 246 | $16.8B | NVDA, MSFT, META, AVGO, GOOG |
| Q1 2024 | 252 | $18.9B | FERG, NVDA, MSFT, INDV, META |