T. Rowe Price Associates Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), T. Rowe Price Associates Inc. reported 2,977 stock positions worth $866.2 billion. Its top holding was Microsoft (MSFT) at 6.6% of the portfolio, followed by Nvidia (NVDA, 6.4%) and Apple (AAPL, 6.4%). Compared with Q3 2024, it opened 82 new positions, sold out of 94, added to 1,810 and reduced 943. The biggest buy was Amazon.com (AMZN, shares +2%) and the biggest sale Unitedhealth (UNH, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- BALTIMORE, MD
- CIK
- 0000080255
- Portfolio Value
- $866.2B (Q4 2024)
- SEC Filing
- 0000080255-25-000216 ↗ filed Feb 14, 2025
Holdings Value
Holdings 2,977 stocks · $866.2B
| MSFT Microsoft Corp. | 6.58% | 135,151,848 | $57.0B | Reduce -0.4% |
| NVDA Nvidia Corp. | 6.38% | 411,328,951 | $55.2B | Add +0.9% |
| AAPL Apple Inc. | 6.36% | 220,107,535 | $55.1B | Reduce -6.6% |
| AMZN Amazon.com Inc. | 4.63% | 182,813,905 | $40.1B | Add +2.3% |
| META Meta Platforms Inc. Class A | 2.86% | 42,317,434 | $24.8B | Add +2.5% |
| GOOGL Alphabet Inc. Class A | 2.16% | 98,638,127 | $18.7B | Add +8.3% |
| LLY Eli Lilly & Co. | 1.86% | 20,863,968 | $16.1B | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 1.75% | 79,786,850 | $15.2B | Reduce -3.1% |
| V Visa Inc. Class A | 1.57% | 42,952,820 | $13.6B | Reduce -2.2% |
| TSLA Tesla Inc. | 1.33% | 28,570,607 | $11.5B | Reduce -4.1% |
| AVGO Broadcom Inc. | 1.27% | 47,524,533 | $11.0B | Add +46.9% |
| UNH Unitedhealth Group Inc. | 1.25% | 21,401,754 | $10.8B | Reduce -14.5% |
| NFLX Netflix Inc. | 1.18% | 11,427,667 | $10.2B | Reduce -3.4% |
| MA Mastercard Inc. Class A | 1.17% | 19,189,795 | $10.1B | Add +0.0% |
| NOW ServiceNow Inc. | 0.97% | 7,955,924 | $8.4B | Add +6.8% |
| ISRG Intuitive Surgical Inc. | 0.87% | 14,469,612 | $7.6B | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 0.82% | 29,693,944 | $7.1B | Reduce -1.4% |
| FISV Fiserv Inc. | 0.81% | 34,017,957 | $7.0B | Reduce -3.3% |
| TMO Thermo Fisher Scientific Inc. | 0.66% | 10,916,624 | $5.7B | Reduce -0.5% |
| SCHW Schwab (charles) Corp. | 0.62% | 73,094,736 | $5.4B | Reduce -16.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.62% | 122,437,422 | $5.4B | Add +10.6% |
| INTU Intuit Inc. | 0.61% | 8,369,558 | $5.3B | Reduce -0.3% |
| KVUE Kenvue Inc. | 0.61% | 245,885,918 | $5.2B | Add +3.5% |
| XOM Exxon Mobil Corp. | 0.59% | 47,705,670 | $5.1B | Reduce -5.1% |
| BKNG Booking Holdings Inc. | 0.59% | 1,020,750 | $5.1B | Reduce -2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.54% | 10,355,339 | $4.7B | Reduce -5.7% |
| COP Conocophillips | 0.52% | 45,847,572 | $4.5B | Add +13.8% |
| CB Chubb Ltd. | 0.52% | 16,406,884 | $4.5B | Reduce -5.4% |
| SHOP Shopify Inc. Class A | 0.51% | 41,901,348 | $4.5B | Reduce -12.3% |
| DHR Danaher Corp. | 0.50% | 18,980,057 | $4.4B | Reduce -7.3% |
| WMT Walmart Inc. | 0.49% | 46,713,440 | $4.2B | Reduce -12.0% |
| TMUS T-Mobile US Inc. | 0.48% | 18,812,172 | $4.2B | Reduce -13.0% |
| APH Amphenol Corp. Class A | 0.47% | 58,911,813 | $4.1B | Add +36.8% |
| SYK Stryker Corp. | 0.46% | 11,109,722 | $4.0B | Add +0.5% |
| AZN Astrazeneca PLC-Spons ADR | 0.46% | 60,351,973 | $4.0B | Reduce -4.0% |
| GE General Electric filed as GE AEROSPACE | 0.46% | 23,638,799 | $3.9B | Reduce -12.0% |
| ELV Elevance Health Inc. | 0.45% | 10,618,062 | $3.9B | Add +4.6% |
| LIN Linde PLC | 0.44% | 9,147,189 | $3.8B | Reduce -3.4% |
| ARGX Argenx SE - ADR | 0.39% | 5,516,894 | $3.4B | Reduce -5.2% |
| BA The Boeing Co. | 0.37% | 18,151,079 | $3.2B | Add +143.4% |
| PG The Procter & Gamble Co. | 0.37% | 19,014,362 | $3.2B | Reduce -13.7% |
| CMG Chipotle Mexican Grill Inc. | 0.37% | 52,800,316 | $3.2B | Reduce -3.9% |
| KO The Coca-Cola Co. | 0.36% | 50,365,180 | $3.1B | Reduce -7.2% |
| CI The Cigna Group | 0.35% | 10,962,479 | $3.0B | Reduce -9.3% |
| HD Home Depot Inc. | 0.35% | 7,759,031 | $3.0B | Reduce -4.0% |
| CRM Salesforce Inc. | 0.34% | 8,938,536 | $3.0B | Add +23.2% |
| ROST Ross Stores Inc. | 0.34% | 19,515,891 | $3.0B | Add +25.8% |
| HUBS HubSpot Inc. | 0.34% | 4,195,082 | $2.9B | Reduce -3.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.34% | 75,986,195 | $2.9B | Add +7.4% |
| SNPS Synopsys Inc. | 0.33% | 5,902,696 | $2.9B | Add +21.5% |
| ROP Roper Technologies Inc. | 0.33% | 5,462,776 | $2.8B | Reduce -16.4% |
| BDX Becton Dickinson and Co. | 0.32% | 12,346,744 | $2.8B | Reduce -9.2% |
| DE Deere & Co. | 0.32% | 6,589,760 | $2.8B | Add +19.9% |
| ODFL Old Dominion Freight Line | 0.32% | 15,780,935 | $2.8B | Reduce -13.6% |
| C Citigroup Inc. | 0.31% | 38,561,690 | $2.7B | Add +2.2% |
| TEL Te Connectivity PLC | 0.31% | 18,717,173 | $2.7B | Reduce -14.6% |
| CVNA Carvana Co. | 0.31% | 13,126,793 | $2.7B | Reduce -4.1% |
| CL Colgate-Palmolive Co. | 0.30% | 28,739,938 | $2.6B | Reduce -7.0% |
| KEYS Keysight Technologies Inc. | 0.30% | 16,114,952 | $2.6B | Add +29.0% |
| IP International Paper Co. | 0.30% | 47,596,595 | $2.6B | Add +0.8% |
| AXP American Express Co. | 0.29% | 8,429,912 | $2.5B | Reduce -10.3% |
| SHW The Sherwin-Williams Co. | 0.28% | 7,152,195 | $2.4B | Reduce -1.2% |
| AEE Ameren Corporation | 0.28% | 27,048,729 | $2.4B | Add +1.5% |
| WFC Wells Fargo & Co. | 0.27% | 33,903,298 | $2.4B | Reduce -6.8% |
| MELI MercadoLibre Inc. | 0.27% | 1,394,255 | $2.4B | Add +41.0% |
| JNJ Johnson & Johnson | 0.27% | 16,283,171 | $2.4B | Reduce -35.3% |
| MCD McDonald's Corp. | 0.27% | 7,996,506 | $2.3B | Reduce -1.4% |
| AMD Advanced Micro Devices | 0.25% | 17,893,743 | $2.2B | Reduce -49.3% |
| MRSH Marsh & McLennan Cos | 0.25% | 10,151,020 | $2.2B | Add +1.0% |
| GS Goldman Sachs Group Inc. | 0.25% | 3,730,339 | $2.1B | Reduce -5.0% |
| TXN Texas Instruments Inc. | 0.24% | 10,940,777 | $2.1B | Reduce -26.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.24% | 10,365,404 | $2.0B | Add +67.0% |
| ROK Rockwell Automation Inc. | 0.23% | 7,115,280 | $2.0B | Add +6.5% |
| LHX L3HARRIS Technologies Inc. | 0.23% | 9,651,474 | $2.0B | Reduce -1.5% |
| ASML ASML Holding NV-NY Reg SHS | 0.23% | 2,918,871 | $2.0B | Reduce -17.4% |
| NSC Norfolk Southern Corp. | 0.23% | 8,608,080 | $2.0B | Add +11.9% |
| MET Metlife Inc. | 0.23% | 24,663,239 | $2.0B | Add +33.7% |
| CVX Chevron Corp. | 0.23% | 13,755,894 | $2.0B | Add +2.2% |
| COR Cencora Inc. | 0.23% | 8,859,452 | $2.0B | Add +0.9% |
| CPAY Corpay Inc. | 0.23% | 5,840,818 | $2.0B | Add +20.7% |
| EQT Eqt Corp. | 0.23% | 42,517,666 | $2.0B | Reduce -25.2% |
| TDY Teledyne Technologies Inc. | 0.22% | 4,181,746 | $1.9B | Reduce -8.2% |
| CME Cme Group Inc. | 0.22% | 8,280,785 | $1.9B | Add +90.0% |
| ACN Accenture PLC Class A | 0.22% | 5,463,052 | $1.9B | Reduce -12.8% |
| ADI Analog Devices Inc. | 0.22% | 9,017,624 | $1.9B | Reduce -3.4% |
| LULU Lululemon Athletica Inc. | 0.21% | 4,848,613 | $1.9B | Add +95.7% |
| PM Philip Morris International | 0.21% | 15,346,858 | $1.8B | Reduce -4.1% |
| CMI Cummins Inc. | 0.21% | 5,297,988 | $1.8B | Reduce -8.7% |
| ABBV Abbvie Inc. | 0.21% | 10,194,226 | $1.8B | Reduce -0.6% |
| CEG Constellation Energy | 0.21% | 8,060,065 | $1.8B | Add +7.4% |
| ALL Allstate Corp. | 0.21% | 9,334,926 | $1.8B | Add +2.4% |
| EQIX Equinix Inc. | 0.21% | 1,902,053 | $1.8B | Add +0.8% |
| QCOM Qualcomm Inc. | 0.21% | 11,586,287 | $1.8B | Reduce -28.4% |
| MS Morgan Stanley | 0.20% | 14,112,508 | $1.8B | Add +15.5% |
| PSA Public Storage | 0.20% | 5,911,643 | $1.8B | Reduce -3.1% |
| KDP Keurig Dr Pepper Inc. | 0.20% | 54,656,384 | $1.8B | Add +36.0% |
| CPNG Coupang Inc. | 0.19% | 75,686,648 | $1.7B | Add +29.2% |
| NEE Nextera Energy Inc. | 0.19% | 23,202,766 | $1.7B | Add +2.6% |
| CMCSA Comcast Corp. Class A | 0.19% | 43,790,404 | $1.6B | Reduce -4.8% |
| AME Ametek Inc. | 0.19% | 9,061,305 | $1.6B | Reduce -7.4% |
Options reported separately and not counted above: NTR calls ($99.3M), CLF calls ($84.7M), RRC calls ($43.1M), MOS calls ($42.9M), SPY puts ($16.8M), IWM calls ($11.8M), XLE calls ($2.7M), XLK calls ($2.7M), ACI calls ($602K), KRE calls ($0).
Other holdings (28): bonds, preferreds, convertibles and warrants · $623.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| THYF T Rowe Price US High Yield | US HIGH YIELD · principal | 8,033,735 | $418.6M | New |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 188,525,000 | $77.7M | Add +0.0% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 54,960,000 | $58.3M | Reduce -2.8% |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 38,080,000 | $17.6M | Reduce -4.3% |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 13,834,000 | $13.7M | Add +23.5% |
| TBUX T Rowe Price Ultra Short-Ter | ULTRA SHRT TRM · principal | 132,057 | $6.5M | New |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 5,214,000 | $5.6M | Reduce -9.8% |
| SABRE GLBL INC (SABHLD 4 04/15/25) | NOTE 4.000% 4/1 · principal | 5,500,000 | $5.4M | New |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 4,227,000 | $4.1M | Reduce -8.4% |
| TOTR T Rowe Price Total Return Et | TOTAL RETURN ETF · principal | 90,500 | $3.6M | New |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 3,772,000 | $2.8M | Add +114.3% |
| TAGG T Rowe Price QM US Bond ETF | QM US BOND ETF · principal | 64,304 | $2.7M | New |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A · principal | 2,939,194 | $1.8M | New |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | 419,000 | $1.1M | No change |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 800,000 | $743K | New |
| MUB iShares National Muni Bond E | NATIONAL MUN ETF · principal | 6,300 | $672K | Add +231.6% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 590,000 | $549K | No change |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 · principal | 1,303,266 | $533K | Reduce -9.1% |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 550,000 | $518K | New |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD · principal | 771,938 | $425K | New |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 400,000 | $373K | New |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A · principal | 280,000 | $139K | New |
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | 606,180 | $97K | No change |
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 56,154 | $57K | No change |
| WGSWW Genedx Holdings Corp. | *W EXP 07/22/202 | 250,930 | $41K | No change |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 37,675 | $5K | No change |
| VSTWF Vast Solar PTY Ltd. -28 | *W EXP 07/01/202 | 38,375 | $3K | No change |
| SRZNW Surrozen Inc.-CW25 | *W EXP 08/01/203 | 41,666 | $1K | No change |
Total filed on the 13F, all lines: $866.9B.
Portfolio Sells Q3 2024 → Q4 2024
| UNH Unitedhealth Group Inc. | Reduce -14.5% | 1.25% | −0.44 |
| AMD Advanced Micro Devices | Reduce -49.3% | 0.25% | −0.42 |
| LLY Eli Lilly & Co. | Reduce -0.3% | 1.86% | −0.28 |
| UBER Uber Technologies Inc. | Reduce -66.8% | 0.09% | −0.25 |
| ADBE Adobe Inc. | Reduce -46.8% | 0.17% | −0.20 |
| JNJ Johnson & Johnson | Reduce -35.3% | 0.27% | −0.20 |
| DG Dollar General Corp. | Reduce -75.8% | 0.04% | −0.16 |
| DHR Danaher Corp. | Reduce -7.3% | 0.50% | −0.15 |
| MRK Merck & Co. Inc. | Reduce -44.3% | 0.14% | −0.15 |
| MSFT Microsoft Corp. | Reduce -0.4% | 6.58% | −0.15 |
| CI The Cigna Group | Reduce -9.3% | 0.35% | −0.13 |
| GE General Electric | Reduce -12.0% | 0.46% | −0.13 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.5% | 0.66% | −0.13 |
| TXN Texas Instruments Inc. | Reduce -26.9% | 0.24% | −0.12 |
| QCOM Qualcomm Inc. | Reduce -28.4% | 0.21% | −0.11 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -4.0% | 0.46% | −0.11 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -17.4% | 0.23% | −0.11 |
| KLAC KLA Corp. | Reduce -33.9% | 0.12% | −0.10 |
| BABA Alibaba Group Holding-SP ADR | Reduce -53.0% | 0.06% | −0.10 |
| ODFL Old Dominion Freight Line | Reduce -13.6% | 0.32% | −0.10 |
| ROP Roper Technologies Inc. | Reduce -16.4% | 0.33% | −0.09 |
| PEP Pepsico Inc. | Reduce -42.0% | 0.10% | −0.09 |
| AMGN Amgen Inc. | Reduce -41.9% | 0.08% | −0.09 |
| KO The Coca-Cola Co. | Reduce -7.2% | 0.36% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -5.1% | 0.59% | −0.09 |
| MDB Mongodb Inc. | Reduce -73.7% | 0.02% | −0.08 |
| LIN Linde PLC | Reduce -3.4% | 0.44% | −0.08 |
| TEL Te Connectivity PLC | Reduce -14.6% | 0.31% | −0.07 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -43.7% | 0.06% | −0.07 |
| BMY Bristol-Myers Squibb Co. | Reduce -62.8% | 0.05% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -13.7% | 0.37% | −0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -33.8% | 0.06% | −0.07 |
| MOH Molina Healthcare Inc. | Reduce -33.5% | 0.09% | −0.07 |
| CL Colgate-Palmolive Co. | Reduce -7.0% | 0.30% | −0.07 |
| BAH Booz Allen Hamilton Holdings | Reduce -18.7% | 0.11% | −0.06 |
| ZTS Zoetis Inc. | Reduce -55.5% | 0.03% | −0.06 |
| FDX FedEx Corp. | Reduce -73.2% | 0.02% | −0.06 |
| BDX Becton Dickinson and Co. | Reduce -9.2% | 0.32% | −0.05 |
| SBUX Starbucks Corp. | Reduce -21.7% | 0.15% | −0.05 |
| TW Tradeweb Markets Inc. Class A | Reduce -38.0% | 0.10% | −0.05 |
| CB Chubb Ltd. | Reduce -5.4% | 0.52% | −0.05 |
| PSA Public Storage | Reduce -3.1% | 0.20% | −0.05 |
| AMT American Tower Corp. | Reduce -10.2% | 0.12% | −0.05 |
| MDLZ Mondelez International Inc. Class A | Reduce -15.3% | 0.11% | −0.05 |
| DOV Dover Corp. | Reduce -56.2% | 0.03% | −0.05 |
| CSX CSX Corp. | Reduce -13.7% | 0.19% | −0.04 |
| REXR Rexford Industrial Realty Inc. | Reduce -4.5% | 0.12% | −0.04 |
| LRCX Lam Research Corp. | Reduce -59.5% | 0.02% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.7% | 0.54% | −0.04 |
| ICLR Icon PLC | Reduce -12.4% | 0.07% | −0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | Add +2.3% | 4.63% | +0.79 |
| NVDA Nvidia Corp. | Add +0.9% | 6.38% | +0.67 |
| AVGO Broadcom Inc. | Add +46.9% | 1.27% | +0.63 |
| GOOGL Alphabet Inc. Class A | Add +8.3% | 2.16% | +0.42 |
| BA The Boeing Co. | Add +143.4% | 0.37% | +0.24 |
| NOW ServiceNow Inc. | Add +6.8% | 0.97% | +0.21 |
| APH Amphenol Corp. Class A | Add +36.8% | 0.47% | +0.15 |
| META Meta Platforms Inc. Class A | Add +2.5% | 2.86% | +0.14 |
| LULU Lululemon Athletica Inc. | Add +95.7% | 0.21% | +0.14 |
| CRM Salesforce Inc. | Add +23.2% | 0.34% | +0.12 |
| BAC Bank of America Corp. | Add +10.6% | 0.62% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +67.0% | 0.24% | +0.11 |
| CME Cme Group Inc. | Add +90.0% | 0.22% | +0.11 |
| NTRA Natera Inc. | Add +134.9% | 0.12% | +0.08 |
| MA Mastercard Inc. Class A | Add +0.0% | 1.17% | +0.08 |
| ROST Ross Stores Inc. | Add +25.8% | 0.34% | +0.07 |
| KEYS Keysight Technologies Inc. | Add +29.0% | 0.30% | +0.07 |
| XYZ Block Inc. | Add +777.9% | 0.07% | +0.07 |
| DE Deere & Co. | Add +19.9% | 0.32% | +0.06 |
| MS Morgan Stanley | Add +15.5% | 0.20% | +0.06 |
| MET Metlife Inc. | Add +33.7% | 0.23% | +0.06 |
| PSX Phillips 66 | Add +283.5% | 0.08% | +0.06 |
| APO Apollo Global Management Inc. | Add +36.9% | 0.12% | +0.06 |
| BILL Bill Holdings Inc. | Add +10.7% | 0.13% | +0.06 |
| CPAY Corpay Inc. | Add +20.7% | 0.23% | +0.05 |
| SNPS Synopsys Inc. | Add +21.5% | 0.33% | +0.05 |
| SNOW Snowflake Inc. | Add +124.4% | 0.07% | +0.05 |
| FTV Fortive Corp. | Add +164.5% | 0.08% | +0.05 |
| CHTR Charter Communications Inc. Class A | Add +822.8% | 0.05% | +0.04 |
| C Citigroup Inc. | Add +2.2% | 0.31% | +0.04 |
| WAB Wabtec Corp. | Add +24.9% | 0.17% | +0.04 |
| MELI MercadoLibre Inc. | Add +41.0% | 0.27% | +0.04 |
| MRVL Marvell Technology Inc. | Add +16.8% | 0.09% | +0.04 |
| PINS Pinterest Inc. Class A | Add +104.3% | 0.09% | +0.04 |
| SRRK Scholar Rock Holding Corp. | Add +7.3% | 0.05% | +0.04 |
| AGCO Agco Corp. | Add +128.2% | 0.07% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +34.8% | 0.13% | +0.04 |
| MU Micron Technology Inc. | Add +198.4% | 0.06% | +0.04 |
| PPG PPG Industries Inc. | Add +815.4% | 0.04% | +0.04 |
| COP Conocophillips | Add +13.8% | 0.52% | +0.04 |
| CIEN Ciena Corp. | Add +195.9% | 0.05% | +0.03 |
| BR Broadridge Financial Solutio | Add +50.0% | 0.09% | +0.03 |
| AVB Avalonbay Communities Inc. | Add +35.0% | 0.13% | +0.03 |
| SOBO South Bow Corp. | Add +1606.4% | 0.03% | +0.03 |
| CON Concentra Group Holdings Par | Add +450.1% | 0.04% | +0.03 |
| LSCC Lattice Semiconductor Corp. | Add +291.0% | 0.04% | +0.03 |
| COO The Cooper Cos Inc. | Add +517.0% | 0.04% | +0.03 |
| IP International Paper Co. | Add +0.8% | 0.30% | +0.03 |
| CRBG Corebridge Financial Inc. | Add +31.1% | 0.11% | +0.03 |
| KDP Keurig Dr Pepper Inc. | Add +36.0% | 0.20% | +0.03 |
Options Activity Q3 2024 → Q4 2024
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Sold out | 2,870,800 | $230.5Mbefore exit |
| NTR Nutrien Ltd. | call | New | 2,218,700 | $99.3M |
| CLF Cleveland-Cliffs Inc. | call | New | 9,007,600 | $84.7M |
| RRC Range Resources Corp. | call | New | 1,197,597 | $43.1M |
| MOS The Mosaic Co. | call | New | 1,745,591 | $42.9M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 28,603 | $16.8M |
| IWM iShares Russell 2000 ETF | call | New | 53,300 | $11.8M |
| XLE SS Energy Select Sector | call | New | 31,700 | $2.7M |
| XLK SS Technology Select Sector | call | New | 11,500 | $2.7M |
| ACI Albertsons Cos Inc. Class A | call | New | 30,700 | $602K |
| KRE SS SPDR S&P Regional Bank | call | New | 90,700 | $0 |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| THYF T Rowe Price US High Yield | US HIGH YIELD · principal | New | 8,033,735 | $418.6M |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Add +0.0% | 188,525,000 | $77.7M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Reduce -2.8% | 54,960,000 | $58.3M |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | Reduce -4.3% | 38,080,000 | $17.6M |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | Add +23.5% | 13,834,000 | $13.7M |
| TBUX T Rowe Price Ultra Short-Ter | ULTRA SHRT TRM · principal | New | 132,057 | $6.5M |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | Reduce -9.8% | 5,214,000 | $5.6M |
| SABRE GLBL INC (SABHLD 4 04/15/25) | NOTE 4.000% 4/1 · principal | New | 5,500,000 | $5.4M |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | Reduce -8.4% | 4,227,000 | $4.1M |
| TOTR T Rowe Price Total Return Et | TOTAL RETURN ETF · principal | New | 90,500 | $3.6M |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | Add +114.3% | 3,772,000 | $2.8M |
| TAGG T Rowe Price QM US Bond ETF | QM US BOND ETF · principal | New | 64,304 | $2.7M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A · principal | New | 2,939,194 | $1.8M |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | New | 800,000 | $743K |
| MUB iShares National Muni Bond E | NATIONAL MUN ETF · principal | Add +231.6% | 6,300 | $672K |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 · principal | Reduce -9.1% | 1,303,266 | $533K |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | New | 550,000 | $518K |
| AIR TRANSPORT SERVICES G (ATSG 1.125 10/15/24) | NOTE 1.125%10/1 · principal | Sold out | 450,000 | $450Kbefore exit |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD · principal | New | 771,938 | $425K |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | New | 400,000 | $373K |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A · principal | New | 280,000 | $139K |
| PERCEPTION CAPITAL CORP IV | *W EXP 99/99/999 | Sold out | 37,850 | $2Kbefore exit |
| BFQWF Battery Future Acquis A -23 | *W EXP 99/99/999 | Sold out | 55,855 | $1Kbefore exit |
| ONYXW Onyx Acq Co. I Class A -CW23 | *W EXP 11/30/202 | Sold out | 37,750 | $1Kbefore exit |
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 | 3,212 | $996.9B | NVDA, AAPL, GOOGL, MSFT, AVGO |
| Q1 2026 | 3,107 | $862.7B | NVDA, AAPL, MSFT, AVGO, AMZN |
| Q4 2025 | 3,064 | $925.1B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q3 2025 | 3,016 | $932.3B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 3,022 | $880.3B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2025 | 3,005 | $809.6B | MSFT, AAPL, NVDA, AMZN, META |
| Q4 2024 | 2,977 | $866.2B | MSFT, NVDA, AAPL, AMZN, META |
| Q3 2024 | 2,986 | $868.1B | MSFT, AAPL, NVDA, AMZN, META |
| Q2 2024 | 2,956 | $835.4B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2024 | 2,931 | $815.6B | MSFT, NVDA, AAPL, AMZN, META |