Polar Capital Holdings Plc

Name: Polar Capital Holdings Plc 13F holdings, Q2 2026
Creator: Polar Capital Holdings Plc
Published: 2026-08-14

Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Polar Capital Holdings Plc reported 224 stock positions worth $35.2 billion. Its top holding was Nvidia (NVDA) at 7.9% of the portfolio, followed by Advanced Micro Devices (AMD, 4.7%) and Micron Technology (MU, 4.0%). Compared with Q1 2026, it opened 32 new positions, sold out of 47, added to 87 and reduced 82. The biggest buy was Micron Technology (MU, shares +19%) and the biggest sale Broadcom (AVGO, shares −26%).

Most Recent 13F: Q2 2026
Location: London, X0
CIK: 0001837309
Portfolio Value: $35.2B (Q2 2026)
SEC Filing: 0001172661-26-003663 ↗ filed Aug 14, 2026

Holdings Value

Holdings 224 stocks · $35.2B


NVDA Nvidia Corp.	7.86%	13,828,945	$2.8B	Add +17.1%
AMD Advanced Micro Devices	4.69%	2,843,290	$1.7B	Reduce -16.5%
MU Micron Technology Inc.	4.00%	1,220,456	$1.4B	Add +18.9%
SNDK Sandisk Corp.	3.18%	492,817	$1.1B	Reduce -43.8%
LRCX Lam Research Corp.	2.90%	2,358,946	$1.0B	Add +23.3%
STX Seagate Technology Holdings	2.70%	984,377	$949.9M	Add +5.4%
INTC Intel Corp.	2.66%	6,711,403	$937.1M	Reduce -17.0%
KLAC KLA Corp.	2.51%	2,925,707	$882.7M	Add +7.8%
AVGO Broadcom Inc.	2.29%	2,131,702	$805.3M	Reduce -25.8%
GLW Corning Inc.	2.22%	3,059,046	$781.4M	Reduce -8.2%
GOOGL Alphabet Inc. Class A	1.95%	1,918,015	$685.4M	Add +33.9%
COHR Coherent Corp.	1.75%	1,565,267	$617.5M	Reduce -20.9%
GOOG Alphabet Inc. Class C	1.74%	1,729,332	$611.0M	Add +35.9%
PANW Palo Alto Networks Inc.	1.62%	1,672,688	$570.4M	New
META Meta Platforms Inc. Class A	1.50%	939,176	$529.0M	Reduce -10.5%
WDC Western Digital Corp.	1.44%	793,276	$506.7M	Reduce -18.4%
AAPL Apple Inc.	1.28%	1,556,928	$450.5M	Add +20.1%
ANET Arista Networks Inc.	1.22%	2,531,117	$430.0M	Add +13.4%
CLS Celestica Inc.	1.19%	1,146,659	$418.3M	Add +7.7%
CRWD CrowdStrike Holdings Inc. Class A	1.17%	538,439	$410.9M	New
FLEX Flex Ltd.	1.15%	2,494,066	$404.2M	Reduce -30.9%
TTMI TTM Technologies	1.04%	1,965,915	$367.7M	Reduce -32.8%
GEV GE Vernova Inc.	1.02%	304,432	$357.7M	Add +5.7%
FORM Formfactor Inc.	0.97%	2,146,098	$343.2M	Reduce -6.4%
SNOW Snowflake Inc.	0.96%	1,332,991	$339.2M	Add +144.2%
LITE Lumentum Holdings Inc.	0.95%	390,287	$334.9M	Reduce -45.8%
AMZN Amazon.com Inc.	0.94%	1,393,535	$332.1M	Reduce -14.2%
ELVN Enliven Therapeutics Inc.	0.93%	6,430,636	$326.4M	Add +26.9%
VRT Vertiv Holdings Co. Class A	0.92%	970,621	$325.0M	Reduce -37.0%
MSFT Microsoft Corp.	0.92%	863,720	$322.2M	Add +31.0%
MRVL Marvell Technology Inc.	0.90%	1,066,260	$317.6M	Add +156.4%
SIMO Silicon Motion Technol-ADR	0.88%	931,375	$310.5M	New
NET Cloudflare Inc. Class A	0.86%	1,240,516	$304.3M	Add +6.6%
LLY Eli Lilly & Co.	0.86%	251,997	$302.3M	Reduce -10.3%
RNR Renaissancere Holdings Ltd.	0.85%	943,566	$299.0M	Reduce -15.7%
ACGL Arch Capital Group Ltd.	0.82%	2,980,000	$289.2M	Reduce -9.7%
MTSI Macom Technology Solutions H	0.81%	750,517	$285.5M	Reduce -19.4%
XENE Xenon Pharmaceuticals Inc.	0.78%	4,570,556	$275.9M	Add +3.8%
TSEM Tower Semiconductor Ltd.	0.75%	1,015,166	$264.6M	Add +597.6%
BE Bloom Energy Corp. Class A	0.74%	861,299	$260.7M	Add +12.6%
HOOD Robinhood Markets Inc. Class A	0.74%	2,597,658	$260.5M	Add +89.4%
TWLO Twilio Inc. Class A	0.71%	1,204,982	$248.6M	Add +550.5%
AZN Astrazeneca PLC	0.67%	1,247,549	$236.6M	New
MDB Mongodb Inc.	0.66%	689,071	$231.5M	Add +108.3%
FN Fabrinet	0.65%	406,470	$228.5M	Add +11.1%
CB Chubb Ltd.	0.65%	670,383	$228.4M	Reduce -9.9%
MRSH Marsh & McLennan Cos	0.62%	1,300,000	$216.7M	Add +6.6%
JNJ Johnson & Johnson	0.57%	783,595	$199.0M	New
CYTK Cytokinetics Inc.	0.55%	2,253,649	$192.0M	Add +35.7%
AKAM Akamai Technologies Inc.	0.53%	1,575,971	$186.3M	Add +21.5%
RYTM Rhythm Pharmaceuticals Inc.	0.52%	1,663,632	$184.7M	Add +3.0%
CAT Caterpillar Inc.	0.51%	167,175	$178.0M	Add +15.0%
TEVA Teva Pharmaceutical-SP ADR	0.50%	5,212,749	$176.6M	Add +0.7%
ARQT Arcutis Biotherapeutics Inc.	0.49%	6,606,945	$173.2M	Add +16.6%
APH Amphenol Corp. Class A	0.49%	977,331	$172.3M	Add +56.1%
NOW ServiceNow Inc.	0.48%	1,694,573	$168.2M	New
ASND Ascendis Pharma A/S	0.47%	616,908	$164.5M	Reduce -5.3%
ONTO Onto Innovation Inc.	0.44%	406,645	$153.9M	New
BBIO Bridgebio Pharma Inc.	0.44%	2,063,609	$153.7M	Reduce -18.1%
ESNT Essent Group Ltd.	0.43%	2,379,000	$152.9M	Reduce -6.7%
MKL Markel Group Inc.	0.43%	78,250	$152.8M	Reduce -2.2%
WRB WR Berkley Corp. filed as BERKLEY W R CORP	0.43%	2,130,000	$150.2M	Reduce -6.4%
ALNY Alnylam Pharmaceuticals Inc.	0.41%	482,751	$145.3M	Add +87.3%
TRV The Travelers Cos Inc.	0.39%	420,000	$138.7M	Reduce -12.0%
AMGN Amgen Inc.	0.38%	369,086	$133.7M	New
MDGL Madrigal Pharmaceuticals Inc.	0.37%	244,274	$131.2M	Reduce -15.6%
RVMD Revolution Medicines Inc.	0.37%	690,316	$129.3M	Reduce -39.1%
COGT Cogent Biosciences Inc.	0.36%	3,232,905	$125.1M	New
BNY Bank of New York Mellon Corp.	0.34%	827,041	$119.6M	Add +70.5%
EG Everest Group Ltd.	0.33%	329,500	$117.7M	Reduce -18.3%
ORKA Oruka Therapeutics Inc.	0.33%	1,228,609	$116.9M	Add +17.3%
MKSI MKS Inc.	0.33%	260,442	$115.8M	Add +260.7%
IONS Ionis Pharmaceuticals Inc.	0.33%	1,454,021	$115.3M	Add +75.3%
RYAN Ryan Specialty Holdings Inc.	0.32%	2,940,000	$111.0M	Add +20.0%
BRO Brown & Brown Inc.	0.31%	1,725,000	$110.7M	Add +19.8%
DAL Delta Air Lines Inc.	0.30%	1,140,685	$106.8M	Add +49.7%
FIX Comfort Systems USA Inc.	0.30%	53,295	$105.6M	Add +14.6%
RGA Reinsurance Group of America	0.30%	495,025	$105.3M	Reduce -9.5%
SRRK Scholar Rock Holding Corp.	0.29%	1,878,580	$103.3M	Reduce -5.3%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD	0.29%	7,703,636	$102.9M	Reduce -6.8%
EW Edwards Lifesciences Corp.	0.28%	1,104,860	$99.9M	New
DNTH Dianthus Therapeutics Inc.	0.28%	1,018,726	$99.3M	Reduce -5.3%
MIRM Mirum Pharmaceuticals Inc.	0.28%	845,524	$99.0M	Add +198.3%
INSM Insmed Inc.	0.27%	890,872	$95.0M	Add +142.0%
PGR Progressive Corp.	0.27%	428,000	$93.5M	Reduce -5.5%
PRAX Praxis Precision Medicines I	0.27%	279,131	$93.5M	New
Q Qnity Electronics Inc.	0.25%	549,020	$89.7M	New
MBX MBX Biosciences Inc.	0.25%	1,608,514	$88.8M	Reduce -0.8%
SYRE Spyre Therapeutics Inc.	0.25%	988,009	$87.7M	Add +24.6%
KNX Knight-Swift Transportation	0.25%	1,116,946	$87.0M	New
CRNX Crinetics Pharmaceuticals Inc.	0.24%	2,274,411	$85.1M	New
WMT Walmart Inc.	0.24%	748,191	$84.7M	Add +23.9%
SE Sea Ltd.-ADR	0.24%	874,172	$83.8M	Add +10.3%
USFD US Foods Holding Corp.	0.23%	806,376	$82.5M	Add +23.6%
PHVS Pharvaris NV	0.23%	2,326,389	$80.4M	Add +197.9%
ADI Analog Devices Inc.	0.21%	189,577	$75.3M	Add +44.9%
CSCO Cisco Systems Inc.	0.21%	617,762	$72.6M	Add +124.1%
SOLV Solventum Corp.	0.20%	935,761	$72.2M	New
HGTY Hagerty Inc. Class A	0.20%	6,000,000	$71.5M	No change
AXGN Axogen Inc.	0.20%	1,500,822	$69.3M	No change
PCVX Vaxcyte Inc.	0.20%	1,185,943	$68.9M	Reduce -16.8%
RAPP Rapport Therapeutics Inc.	0.19%	1,608,514	$67.0M	Reduce -2.1%
WTS Watts Water Technologies-A	0.18%	163,097	$63.8M	Add +28.9%
UNH Unitedhealth Group Inc.	0.18%	151,481	$63.0M	New
RDN Radian Group Inc.	0.18%	1,660,000	$62.5M	Add +10.7%
ZBIO Zenas Biopharma Inc.	0.17%	2,412,772	$61.2M	Reduce -5.3%
SVRA Savara Inc.	0.17%	9,541,786	$58.8M	No change
NAMS Newamsterdam Pharma Co. NV	0.17%	1,724,518	$58.4M	Reduce -39.1%
SKWD Skyward Specialty Insurance	0.17%	1,000,000	$58.4M	No change
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC	0.17%	673,258	$58.3M	Add +0.7%
JCI Johnson Controls Internation	0.16%	394,822	$57.7M	Reduce -15.8%
BWA Borgwarner Inc.	0.16%	860,516	$57.1M	New
IRTC Irhythm Holdings Inc.	0.15%	458,089	$54.5M	Add +8.7%
XPO Xpo Inc.	0.15%	264,787	$54.4M	Reduce -0.0%
MELI MercadoLibre Inc.	0.15%	31,653	$53.7M	Add +0.3%
RCL Royal Caribbean Cruises Ltd.	0.15%	165,104	$52.4M	New
NPCE Neuropace Inc.	0.15%	3,298,104	$52.4M	No change
BKR Baker Hughes Co.	0.14%	905,010	$50.2M	Add +18.0%
MCHP Microchip Technology Inc.	0.14%	549,550	$50.1M	Add +313.2%
LIN Linde PLC	0.14%	96,500	$50.1M	Add +414.9%
RLI Rli Corp.	0.14%	837,500	$49.5M	Add +21.8%
V Visa Inc. Class A	0.14%	143,536	$49.2M	Add +15.1%
BRK.B Berkshire Hathaway Inc. Class B	0.14%	97,908	$49.0M	Reduce -2.8%
ROIV Roivant Sciences Ltd.	0.14%	1,376,554	$48.7M	Reduce -12.8%
TNGX Tango Therapeutics Inc.	0.13%	1,480,740	$46.3M	New
SITM Sitime Corp.	0.13%	61,388	$45.8M	Add +4.3%
PDD PDD Holdings Inc.	0.13%	592,084	$45.2M	Reduce -1.8%
BOW Bowhead Specialty Holdings I	0.13%	1,500,000	$44.9M	No change
HAL Halliburton Co.	0.13%	1,303,572	$44.3M	New
CVS CVS Health Corp.	0.12%	421,822	$43.6M	Reduce -13.5%
TRUP Trupanion Inc.	0.12%	1,750,000	$43.3M	Add +7.7%
TMO Thermo Fisher Scientific Inc.	0.12%	85,677	$43.0M	Add +12.8%
DELL Dell Technologies -C	0.12%	96,780	$41.8M	New
JBIO Jade Biosciences Inc.	0.12%	1,846,982	$41.0M	New
DDOG Datadog Inc. Class A	0.12%	157,298	$41.0M	New
RDNT Radnet Inc.	0.11%	623,029	$38.4M	Reduce -15.2%
MLYS Mineralys Therapeutics Inc.	0.11%	1,420,854	$38.3M	Reduce -5.3%
AXON Axon Enterprise Inc.	0.11%	66,971	$37.5M	Add +178.7%
DFTX Definium Therapeutics Inc.	0.10%	777,253	$36.6M	New
TSLA Tesla Inc.	0.10%	86,537	$36.4M	Reduce -66.4%
JPM JPMorgan Chase & Co.	0.10%	107,219	$35.1M	Reduce -5.3%
TCOM Trip.com Group Ltd.-ADR	0.10%	878,264	$35.0M	Reduce -11.4%
TSHA Taysha Gene Therapies Inc.	0.10%	5,117,133	$34.8M	Reduce -9.5%
RLAY Relay Therapeutics Inc.	0.10%	1,789,056	$33.5M	New
AFRM Affirm Holdings Inc.	0.09%	404,896	$33.0M	Add +6.9%
CNC Centene Corp.	0.09%	471,635	$30.3M	Reduce -36.8%
AFL Aflac Inc.	0.08%	250,000	$29.3M	Reduce -33.3%
AMG Affiliated Managers Group	0.08%	85,359	$28.9M	Reduce -2.2%
A Agilent Technologies Inc.	0.08%	215,707	$28.7M	Add +33.8%
DYN Dyne Therapeutics Inc.	0.08%	1,286,811	$28.6M	Reduce -5.3%
ON On Semiconductor	0.08%	299,400	$28.3M	Add +56.3%
STOK Stoke Therapeutics Inc.	0.08%	833,716	$27.3M	Reduce -26.4%
IBKR Interactive Brokers Gro Class A	0.08%	304,343	$26.5M	Add +0.9%
BIOA Bioage Labs Inc.	0.07%	1,072,344	$26.3M	Reduce -5.3%
NXPI NXP Semiconductors NV	0.07%	91,700	$25.8M	Add +58.0%
MDA Mda Space Ltd.	0.07%	624,205	$25.8M	New
CI The Cigna Group	0.07%	88,336	$24.4M	Reduce -24.0%
LFUS Littelfuse Inc.	0.07%	52,447	$23.9M	Reduce -10.8%
GH Guardant Health Inc.	0.07%	158,843	$23.8M	Reduce -8.4%
KYMR Kymera Therapeutics Inc.	0.07%	203,747	$23.4M	Reduce -5.3%
MCK McKesson Corp.	0.06%	28,808	$21.8M	Add +68.6%
AGCO Agco Corp.	0.06%	175,177	$21.0M	No change
BRKR Bruker Corp.	0.06%	347,038	$20.9M	No change
ICLR Icon PLC filed as ICON PUB LTD CO	0.06%	116,939	$20.3M	Add +16.4%
BAC Bank of America Corp.	0.06%	349,673	$19.9M	Reduce -6.7%
MNPR Monopar Therapeutics Inc.	0.06%	214,469	$19.9M	Reduce -5.3%
AMAT Applied Materials Inc.	0.06%	26,999	$19.5M	Reduce -26.2%
CNM Core & Main Inc. Class A	0.05%	373,710	$18.0M	Add +39.4%
CACC Credit Acceptance Corp.	0.05%	27,775	$17.7M	No change
ELV Elevance Health Inc.	0.05%	45,685	$17.7M	Add +6.6%
SN Sharkninja Inc.	0.05%	114,725	$17.5M	Reduce -12.3%
MPWR Monolithic Power Systems Inc.	0.05%	12,370	$17.1M	Add +67.6%
OPLN Openlane Inc.	0.05%	412,562	$17.0M	No change
C Citigroup Inc.	0.05%	119,097	$16.7M	Add +13.7%
RY Royal Bank of Canada	0.05%	89,498	$16.5M	Reduce -8.4%
FWONK Liberty Media Corp. Class C	0.05%	167,120	$15.9M	No change
UBER Uber Technologies Inc.	0.04%	216,867	$15.6M	No change
CNX CNX Resources Corp.	0.04%	455,607	$15.5M	New
ETSY Etsy Inc.	0.04%	197,078	$14.8M	New
MP MP Materials Corp.	0.04%	238,600	$13.4M	Add +7.6%
MA Mastercard Inc. Class A	0.04%	24,872	$12.8M	Reduce -27.4%
MS Morgan Stanley	0.04%	59,823	$12.5M	Add +9.2%
H Hyatt Hotels Corp. Class A	0.04%	64,441	$12.5M	No change
GL Globe Life Inc.	0.04%	69,035	$12.3M	Add +2.4%
EOSE Eos Energy Enterprises Inc.	0.03%	2,010,000	$11.8M	Add +18.9%
ICE Intercontinental Exchange Inc.	0.03%	95,678	$11.8M	No change
CVE Cenovus Energy Inc.	0.03%	432,609	$10.7M	Reduce -34.1%
FERG Ferguson Enterprises Inc.	0.03%	43,214	$10.3M	No change
QCOM Qualcomm Inc.	0.03%	54,917	$10.1M	Reduce -33.4%
TFII Tfi International Inc.	0.03%	77,840	$10.0M	New
PLAB Photronics Inc.	0.03%	299,195	$9.7M	Reduce -41.7%
RDWR Radware Ltd.	0.03%	302,828	$9.3M	No change
RLMD Relmada Therapeutics Inc.	0.03%	1,340,428	$9.3M	Reduce -5.2%
EWBC East West Bancorp Inc.	0.03%	70,065	$9.0M	Add +26.2%
EQT Eqt Corp.	0.03%	170,000	$9.0M	New
COF Capital One Financial Corp.	0.03%	44,093	$8.8M	Add +13.7%
GPN Global Payments Inc.	0.02%	121,049	$8.8M	Add +55.2%
LASR Nlight Inc.	0.02%	124,530	$8.7M	Reduce -61.1%
HG Hamilton Insurance Grou Class B	0.02%	251,210	$8.5M	Add +2.4%
XMTR Xometry Inc. Class A	0.02%	83,248	$8.0M	Add +59.0%
DOX Amdocs Ltd.	0.02%	137,302	$6.9M	Reduce -14.2%
TTE Totalenergies SE	0.02%	85,154	$6.6M	No change
SNEX Stonex Group Inc.	0.02%	51,876	$6.1M	Reduce -49.1%
MCO Moody's Corp.	0.02%	13,187	$6.0M	Add +6.0%
MBC Masterbrand Inc.	0.02%	560,017	$5.8M	Reduce -24.7%
PI Impinj Inc.	0.02%	37,648	$5.4M	Add +286.5%
BX Blackstone Inc.	0.01%	45,008	$5.3M	Add +6.0%
BLDR Builders Firstsource Inc.	0.01%	53,169	$4.8M	Reduce -17.8%
FIS Fidelity National Info Serv	0.01%	112,142	$4.4M	No change
IVA Inventiva SA - ADR	0.01%	1,074,214	$4.1M	Reduce -49.6%
OTEX Open Text Corp.	0.01%	175,141	$3.9M	Reduce -30.1%
CGON CG Oncology Inc.	0.01%	43,483	$3.1M	Reduce -93.8%
MIAX Miami International Holdings	0.01%	82,603	$3.1M	Reduce -30.4%
ADUS Addus Homecare Corp.	0.01%	28,739	$2.9M	Reduce -2.4%
HIG Hartford Insurance Group Inc.	0.01%	21,538	$2.9M	Reduce -45.5%
ENSG The Ensign Group Inc.	0.01%	16,619	$2.7M	No change
ISRG Intuitive Surgical Inc.	0.01%	6,317	$2.5M	No change
CHE Chemed Corp.	0.01%	5,098	$2.4M	No change
HCA HCA Healthcare Inc.	0.01%	5,970	$2.3M	Reduce -93.7%
NTRA Natera Inc.	0.01%	8,351	$2.3M	No change
EHC Encompass Health Corp.	0.01%	18,753	$1.9M	Add +0.8%
HQY Healthequity Inc.	0.00%	2,515	$227K	New
RGEN Repligen Corp.	0.00%	1,635	$223K	New
LFST Lifestance Health Group Inc.	0.00%	19,175	$205K	No change

Options reported separately and not counted above: AAPL calls ($2.8B), MSFT calls ($2.3B), GOOGL calls ($2.0B).

Other holdings (18): bonds, preferreds, convertibles and warrants · $79.6M (not counted above)

Security	Class	Shares / Principal	Value	Change
ETSY INC (ETSY 0.125 10/01/26)	NOTE 0.125%10/0 · principal	14,000,000	$14.4M	New
SNOWFLAKE INC (SNOW 0 10/01/29)	NOTE 10/0 · principal	6,000,000	$10.6M	New
VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30)	NOTE 2.250% 9/1 · principal	3,500,000	$6.9M	New
ON SEMICONDUCTOR CORP (ON 0 05/01/27)	NOTE 5/0 · principal	3,500,000	$6.3M	New
RIOT PLATFORMS INC (RIOT 0.75 01/15/30)	NOTE 0.750% 1/1 · principal	3,000,000	$6.0M	New
PINNACLE WEST CAPITAL (PNW 4.75 06/15/27)	NOTE 4.750% 6/1 · principal	4,500,000	$5.4M	New
FLUOR CORP (FLR 1.125 08/15/29)	NOTE 1.125% 8/1 · principal	4,000,000	$5.3M	New
TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *)	DEB 4.625% 9/3 · principal	3,000,000	$4.8M	New
IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30)	NOTE 2.500% 2/0 · principal	3,500,000	$3.2M	New
FORTUNA MINING CORP (FVICN 3.75 06/30/29)	NOTE 3.750% 6/3 · principal	2,000,000	$3.1M	New
ETSY INC (ETSY 0.25 06/15/28)	NOTE 0.250% 6/1 · principal	3,000,000	$2.7M	New
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028)	NOTE 0.875%12/0 · principal	2,000,000	$2.4M	New
JOBY AVIATION INC (JOBY 0.75 02/15/32)	NOTE 0.750% 2/1 · principal	2,250,000	$2.0M	New
RIVIAN AUTO INC (RIVN 3.625 10/15/30)	NOTE 3.625%10/1 · principal	1,750,000	$1.9M	New
NEXTERA ENERGY CAPITAL (NEE 3 03/01/27)	NOTE 3.000% 3/0 · principal	1,000,000	$1.3M	New
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27)	NOTE 2.250% 8/1 · principal	1,000,000	$1.2M	New
AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29)	NOTE 0.750%12/1 · principal	1,000,000	$1.2M	New
DATADOG INC (DDOG 0 12/01/29)	NOTE 12/0 · principal	600,000	$854K	New

Total filed on the 13F, all lines: $35.3B.

Portfolio Sells Q1 2026 → Q2 2026


AVGO Broadcom Inc.	Reduce -25.8%	2.29%	−1.60
CIEN Ciena Corp.	Sold out	0.00%	−1.35
LITE Lumentum Holdings Inc.	Reduce -45.8%	0.95%	−1.26
META Meta Platforms Inc. Class A	Reduce -10.5%	1.50%	−1.12
NUVL Nuvalent Inc. Class A	Sold out	0.00%	−0.82
VRT Vertiv Holdings Co. Class A	Reduce -37.0%	0.92%	−0.76
SHOP Shopify Inc. Class A	Sold out	0.00%	−0.75
REGN Regeneron Pharmaceuticals	Sold out	0.00%	−0.65
RNR Renaissancere Holdings Ltd.	Reduce -15.7%	0.85%	−0.60
ACGL Arch Capital Group Ltd.	Reduce -9.7%	0.82%	−0.56
PLTR Palantir Technologies Inc. Class A	Sold out	0.00%	−0.55
AMZN Amazon.com Inc.	Reduce -14.2%	0.94%	−0.53
SPOT Spotify Technology SA	Sold out	0.00%	−0.52
CB Chubb Ltd.	Reduce -9.9%	0.65%	−0.41
BBIO Bridgebio Pharma Inc.	Reduce -18.1%	0.44%	−0.38
TSLA Tesla Inc.	Reduce -66.4%	0.10%	−0.31
COHR Coherent Corp.	Reduce -20.9%	1.75%	−0.30
P Everpure Inc. Class A	Sold out	0.00%	−0.29
MDGL Madrigal Pharmaceuticals Inc.	Reduce -15.6%	0.37%	−0.29
FUTU Futu Holdings Ltd.-ADR	Sold out	0.00%	−0.28
LLY Eli Lilly & Co.	Reduce -10.3%	0.86%	−0.27
SLNO Soleno Therapeutics Inc.	Sold out	0.00%	−0.25
EG Everest Group Ltd.	Reduce -18.3%	0.33%	−0.24
MKL Markel Group Inc.	Reduce -2.2%	0.43%	−0.23
WRB WR Berkley Corp.	Reduce -6.4%	0.43%	−0.23
NAMS Newamsterdam Pharma Co. NV	Reduce -39.1%	0.17%	−0.23
NU Nu Holdings Ltd./Cayman Isl-A	Reduce -6.8%	0.29%	−0.23
ESNT Essent Group Ltd.	Reduce -6.7%	0.43%	−0.22
TRV The Travelers Cos Inc.	Reduce -12.0%	0.39%	−0.21
TTMI TTM Technologies	Reduce -32.8%	1.04%	−0.20
CGON CG Oncology Inc.	Reduce -93.8%	0.01%	−0.20
APGE Apogee Therapeutics Inc.	Sold out	0.00%	−0.20
RGA Reinsurance Group of America	Reduce -9.5%	0.30%	−0.19
HCA HCA Healthcare Inc.	Reduce -93.7%	0.01%	−0.19
ASND Ascendis Pharma A/S	Reduce -5.3%	0.47%	−0.18
PCVX Vaxcyte Inc.	Reduce -16.8%	0.20%	−0.17
PDD PDD Holdings Inc.	Reduce -1.8%	0.13%	−0.14
ECL Ecolab Inc.	Sold out	0.00%	−0.14
SRRK Scholar Rock Holding Corp.	Reduce -5.3%	0.29%	−0.13
PGR Progressive Corp.	Reduce -5.5%	0.27%	−0.13
TCOM Trip.com Group Ltd.-ADR	Reduce -11.4%	0.10%	−0.12
RVMD Revolution Medicines Inc.	Reduce -39.1%	0.37%	−0.11
DNTH Dianthus Therapeutics Inc.	Reduce -5.3%	0.28%	−0.11
OLMA Olema Pharmaceuticals Inc.	Sold out	0.00%	−0.10
JCI Johnson Controls Internation	Reduce -15.8%	0.16%	−0.10
ASTS Ast Spacemobile Inc.	Sold out	0.00%	−0.10
VIAV Viavi Solutions Inc.	Sold out	0.00%	−0.10
FSLR First Solar Inc.	Sold out	0.00%	−0.10
BABA Alibaba Group Holding-SP ADR	Sold out	0.00%	−0.10
AFL Aflac Inc.	Reduce -33.3%	0.08%	−0.10

Portfolio Buys Q1 2026 → Q2 2026


MU Micron Technology Inc.	Add +18.9%	4.00%	+2.49
PANW Palo Alto Networks Inc.	New	1.62%	+1.62
CRWD CrowdStrike Holdings Inc. Class A	New	1.17%	+1.17
LRCX Lam Research Corp.	Add +23.3%	2.90%	+1.12
STX Seagate Technology Holdings	Add +5.4%	2.70%	+1.10
SIMO Silicon Motion Technol-ADR	New	0.88%	+0.88
KLAC KLA Corp.	Add +7.8%	2.51%	+0.76
MRVL Marvell Technology Inc.	Add +156.4%	0.90%	+0.72
AZN Astrazeneca PLC	New	0.67%	+0.67
TSEM Tower Semiconductor Ltd.	Add +597.6%	0.75%	+0.64
TWLO Twilio Inc. Class A	Add +550.5%	0.71%	+0.60
SNOW Snowflake Inc.	Add +144.2%	0.96%	+0.60
JNJ Johnson & Johnson	New	0.57%	+0.57
NOW ServiceNow Inc.	New	0.48%	+0.48
ONTO Onto Innovation Inc.	New	0.44%	+0.44
AMGN Amgen Inc.	New	0.38%	+0.38
COGT Cogent Biosciences Inc.	New	0.36%	+0.36
HOOD Robinhood Markets Inc. Class A	Add +89.4%	0.74%	+0.32
MDB Mongodb Inc.	Add +108.3%	0.66%	+0.30
BE Bloom Energy Corp. Class A	Add +12.6%	0.74%	+0.29
EW Edwards Lifesciences Corp.	New	0.28%	+0.28
PRAX Praxis Precision Medicines I	New	0.27%	+0.27
MKSI MKS Inc.	Add +260.7%	0.33%	+0.26
Q Qnity Electronics Inc.	New	0.25%	+0.25
KNX Knight-Swift Transportation	New	0.25%	+0.25
CRNX Crinetics Pharmaceuticals Inc.	New	0.24%	+0.24
SOLV Solventum Corp.	New	0.20%	+0.20
UNH Unitedhealth Group Inc.	New	0.18%	+0.18
MIRM Mirum Pharmaceuticals Inc.	Add +198.3%	0.28%	+0.17
BWA Borgwarner Inc.	New	0.16%	+0.16
RCL Royal Caribbean Cruises Ltd.	New	0.15%	+0.15
GOOGL Alphabet Inc. Class A	Add +33.9%	1.95%	+0.15
APH Amphenol Corp. Class A	Add +56.1%	0.49%	+0.14
GOOG Alphabet Inc. Class C	Add +35.9%	1.74%	+0.14
PHVS Pharvaris NV	Add +197.9%	0.23%	+0.13
TNGX Tango Therapeutics Inc.	New	0.13%	+0.13
HAL Halliburton Co.	New	0.13%	+0.13
DELL Dell Technologies -C	New	0.12%	+0.12
JBIO Jade Biosciences Inc.	New	0.12%	+0.12
DDOG Datadog Inc. Class A	New	0.12%	+0.12
CSCO Cisco Systems Inc.	Add +124.1%	0.21%	+0.11
ORKA Oruka Therapeutics Inc.	Add +17.3%	0.33%	+0.11
MCHP Microchip Technology Inc.	Add +313.2%	0.14%	+0.10
DFTX Definium Therapeutics Inc.	New	0.10%	+0.10
LIN Linde PLC	Add +414.9%	0.14%	+0.10
RLAY Relay Therapeutics Inc.	New	0.10%	+0.10
BNY Bank of New York Mellon Corp.	Add +70.5%	0.34%	+0.09
DAL Delta Air Lines Inc.	Add +49.7%	0.30%	+0.08
SYRE Spyre Therapeutics Inc.	Add +24.6%	0.25%	+0.07
MDA Mda Space Ltd.	New	0.07%	+0.07

Options Activity Q1 2026 → Q2 2026


AAPL Apple Inc.	call	Add +40.5%	9,623,500	$2.8B
MSFT Microsoft Corp.	call	Add +70.2%	6,140,000	$2.3B
GOOGL Alphabet Inc. Class A	call	Reduce -27.1%	5,560,000	$2.0B

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

Notes & Other Activity Q1 2026 → Q2 2026


ETSY INC (ETSY 0.125 10/01/26)	NOTE 0.125%10/0 · principal	New	14,000,000	$14.4M
SNOWFLAKE INC (SNOW 0 10/01/29)	NOTE 10/0 · principal	New	6,000,000	$10.6M
VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30)	NOTE 2.250% 9/1 · principal	New	3,500,000	$6.9M
ON SEMICONDUCTOR CORP (ON 0 05/01/27)	NOTE 5/0 · principal	New	3,500,000	$6.3M
RIOT PLATFORMS INC (RIOT 0.75 01/15/30)	NOTE 0.750% 1/1 · principal	New	3,000,000	$6.0M
PINNACLE WEST CAPITAL (PNW 4.75 06/15/27)	NOTE 4.750% 6/1 · principal	New	4,500,000	$5.4M
FLUOR CORP (FLR 1.125 08/15/29)	NOTE 1.125% 8/1 · principal	New	4,000,000	$5.3M
TRANSOCEAN INTERNTNL LTD (RIG 4.625 09/30/29 *)	DEB 4.625% 9/3 · principal	New	3,000,000	$4.8M
IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30)	NOTE 2.500% 2/0 · principal	New	3,500,000	$3.2M
FORTUNA MINING CORP (FVICN 3.75 06/30/29)	NOTE 3.750% 6/3 · principal	New	2,000,000	$3.1M
ETSY INC (ETSY 0.25 06/15/28)	NOTE 0.250% 6/1 · principal	New	3,000,000	$2.7M
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028)	NOTE 0.875%12/0 · principal	New	2,000,000	$2.4M
JOBY AVIATION INC (JOBY 0.75 02/15/32)	NOTE 0.750% 2/1 · principal	New	2,250,000	$2.0M
RIVIAN AUTO INC (RIVN 3.625 10/15/30)	NOTE 3.625%10/1 · principal	New	1,750,000	$1.9M
NEXTERA ENERGY CAPITAL (NEE 3 03/01/27)	NOTE 3.000% 3/0 · principal	New	1,000,000	$1.3M
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27)	NOTE 2.250% 8/1 · principal	New	1,000,000	$1.2M
AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29)	NOTE 0.750%12/1 · principal	New	1,000,000	$1.2M
DATADOG INC (DDOG 0 12/01/29)	NOTE 12/0 · principal	New	600,000	$854K

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