Royal Bank of Canada

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Royal Bank of Canada reported 6,318 stock positions worth $449.4 billion. Its top holding was Microsoft (MSFT) at 3.5% of the portfolio, followed by Apple (AAPL, 3.2%) and Nvidia (NVDA, 2.4%). Compared with Q2 2024, it opened 202 new positions, sold out of 730, added to 3,199 and reduced 2,647. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +54%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −42%).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0001000275
Portfolio Value
$449.4B (Q3 2024)
SEC Filing
0001140361-24-046848 ↗ filed Nov 14, 2024

Holdings Value

0$200.0B$400.0B$600.0B Q1 2024: $409.7B Q1 2024 Q2 2024: $414.1B Q2 2024 Q3 2024: $449.4B $449.4B Q3 2024 Q4 2024: $461.8B Q4 2024 Q1 2025: $446.5B Q1 2025 Q2 2025: $513.3B Q2 2025 Q3 2025: $561.4B Q3 2025 Q4 2025: $568.3B Q4 2025 Q1 2026: $527.2B Q1 2026 Q2 2026: $590.3B Q2 2026

Holdings 6,318 stocks · $449.4B
MSFT Microsoft Corp. 3.48% 36,370,618 $15.7B Add +0.8%
AAPL Apple Inc. 3.16% 61,010,938 $14.2B Reduce -0.9%
NVDA Nvidia Corp. 2.36% 87,355,062 $10.6B Reduce -4.4%
AMZN Amazon.com Inc. 2.22% 53,522,013 $10.0B Add +8.1%
TD Toronto-Dominion Bank 2.08% 147,495,181 $9.3B Add +3.6%
RY Royal Bank of Canada 2.07% 74,450,503 $9.3B Reduce -1.4%
SPY SS SPDR S&P 500 ETF Trust-US 1.58% 12,344,036 $7.1B Add +53.8%
IVV iShares Core S&P 500 ETF 1.54% 11,988,989 $6.9B Reduce -8.0%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 1.24% 102,553,004 $5.6B Add +2.1%
JPM JPMorgan Chase & Co. 1.13% 24,134,687 $5.1B Reduce -1.8%
BMO Bank of Montreal filed as BANK MONTREAL QUE 1.11% 55,325,120 $5.0B Reduce -4.2%
ENB Enbridge Inc. 1.07% 118,681,060 $4.8B Reduce -8.8%
UNH Unitedhealth Group Inc. 1.04% 8,022,230 $4.7B Reduce -5.7%
GOOGL Alphabet Inc. Class A 1.03% 27,964,840 $4.6B Reduce -12.6%
V Visa Inc. Class A 1.02% 16,712,237 $4.6B Reduce -8.1%
BN Brookfield Corp. 1.00% 84,241,391 $4.5B Reduce -7.0%
META Meta Platforms Inc. Class A 0.99% 7,784,768 $4.5B Add +11.9%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 0.99% 72,618,595 $4.5B Reduce -4.1%
TRP TC Energy Corp. 0.99% 93,515,529 $4.4B Add +0.1%
MFC Manulife Financial Corp. 0.98% 149,041,219 $4.4B Reduce -7.3%
CP Canadian Pacific Kansas City 0.98% 51,439,918 $4.4B Add +0.3%
BRK.B Berkshire Hathaway Inc. Class B 0.98% 9,526,174 $4.4B Reduce -3.9%
HD Home Depot Inc. 0.91% 10,118,713 $4.1B Reduce -4.0%
GOOG Alphabet Inc. Class C 0.86% 23,087,260 $3.9B Add +1.4%
AVGO Broadcom Inc. 0.81% 21,017,960 $3.6B Add +22.4%
CNQ Canadian Natural Resources 0.80% 107,875,262 $3.6B Reduce -6.0%
COST Costco Wholesale Corp. 0.79% 4,024,764 $3.6B Add +0.4%
CNI Canadian Natl Railway Co. 0.67% 25,712,416 $3.0B Reduce -1.3%
PG The Procter & Gamble Co. 0.67% 17,282,506 $3.0B Add +2.1%
TU Telus Corp. 0.59% 157,354,379 $2.6B Add +1.3%
SU Suncor Energy Inc. 0.57% 68,841,902 $2.5B Add +7.9%
SLF Sun Life Financial Inc. 0.55% 42,827,248 $2.5B Add +5.9%
MA Mastercard Inc. Class A 0.54% 4,956,689 $2.4B Add +0.4%
JNJ Johnson & Johnson 0.54% 14,972,658 $2.4B Add +1.7%
LLY Eli Lilly & Co. 0.50% 2,554,405 $2.3B Add +6.0%
QQQ Invesco QQQ Trust Series 1 0.50% 4,610,973 $2.3B Reduce -41.5%
VEA Vanguard Ftse Developed ETF 0.49% 41,442,706 $2.2B Add +1.5%
MCD McDonald's Corp. 0.48% 7,151,858 $2.2B Reduce -2.4%
XOM Exxon Mobil Corp. 0.48% 18,419,939 $2.2B Add +1.5%
WMT Walmart Inc. 0.46% 25,416,405 $2.1B Reduce -5.2%
KO The Coca-Cola Co. 0.45% 28,242,761 $2.0B Add +3.3%
TMO Thermo Fisher Scientific Inc. 0.45% 3,246,244 $2.0B Reduce -1.0%
TRI Thomson Reuters Corp. 0.44% 11,552,116 $2.0B Reduce -0.2%
TXN Texas Instruments Inc. 0.44% 9,496,137 $2.0B Add +1.4%
MRK Merck & Co. Inc. 0.42% 16,573,661 $1.9B Add +5.6%
WCN Waste Connections Inc. 0.42% 10,437,761 $1.9B Add +2.7%
CRM Salesforce Inc. 0.41% 6,669,598 $1.8B Add +10.3%
NFLX Netflix Inc. 0.40% 2,536,559 $1.8B Add +4.7%
PBA Pembina Pipeline Corp. 0.39% 43,026,322 $1.8B Reduce -9.8%
VOO Vanguard S&P 500 ETF 0.39% 3,324,731 $1.8B Reduce -12.3%
NTR Nutrien Ltd. 0.39% 36,491,476 $1.8B Add +12.7%
ABBV Abbvie Inc. 0.39% 8,865,296 $1.8B Add +2.8%
BCE Bce Inc. 0.39% 50,279,300 $1.7B Add +0.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.39% 43,885,924 $1.7B Add +13.6%
ACN Accenture PLC Class A 0.38% 4,871,977 $1.7B Add +81.7%
HCA HCA Healthcare Inc. 0.38% 4,213,298 $1.7B Reduce -3.5%
NEE Nextera Energy Inc. 0.37% 19,896,925 $1.7B Add +2.0%
BIP Brookfield Infrastructure Pa 0.37% 46,916,394 $1.6B Add +4.8%
TSM Taiwan Semiconductor-SP ADR 0.35% 9,056,566 $1.6B Reduce -18.1%
SHOP Shopify Inc. Class A 0.35% 19,597,192 $1.6B Reduce -13.0%
AMGN Amgen Inc. 0.34% 4,799,264 $1.5B Reduce -4.5%
HON Honeywell International Inc. 0.34% 7,416,092 $1.5B Reduce -3.6%
QSR Restaurant Brands Intern 0.34% 20,948,850 $1.5B Add +3.9%
BX Blackstone Inc. 0.32% 9,487,997 $1.5B Add +16.3%
CVX Chevron Corp. 0.32% 9,779,788 $1.4B Add +0.5%
ADBE Adobe Inc. 0.32% 2,773,851 $1.4B Add +3.4%
FTS Fortis Inc. 0.30% 29,517,250 $1.3B Reduce -1.5%
IJH iShares Core S&P Midcap ETF 0.30% 21,504,198 $1.3B Reduce -3.5%
PEP Pepsico Inc. 0.30% 7,867,539 $1.3B Add +4.1%
INTU Intuit Inc. 0.30% 2,135,680 $1.3B Add +3.4%
LMT Lockheed Martin Corp. 0.29% 2,240,044 $1.3B Add +9.3%
CRH CRH PLC 0.29% 14,030,116 $1.3B Add +6.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.28% 10,897,358 $1.3B Reduce -0.1%
CSCO Cisco Systems Inc. 0.28% 23,811,511 $1.3B Reduce -4.3%
AZO AutoZone Inc. 0.28% 396,514 $1.2B Reduce -2.3%
IWM iShares Russell 2000 ETF 0.28% 5,605,447 $1.2B Add +76.7%
TMUS T-Mobile US Inc. 0.27% 5,903,079 $1.2B Reduce -33.1%
UNP Union Pacific Corp. 0.27% 4,912,115 $1.2B Add +2.5%
TSLA Tesla Inc. 0.27% 4,596,558 $1.2B Add +18.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.27% 12,421,552 $1.2B Reduce -12.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.26% 5,284,364 $1.2B Add +9.3%
VZ Verizon Communications Inc. 0.26% 25,919,663 $1.2B Add +4.1%
C Citigroup Inc. 0.24% 17,013,163 $1.1B Add +33.0%
AEM Agnico Eagle Mines Ltd. 0.24% 13,199,755 $1.1B Reduce -1.3%
MDT Medtronic PLC 0.23% 11,679,494 $1.1B Add +2.4%
RCI Rogers Communications Inc. Class B 0.23% 25,283,102 $1.0B Add +1.3%
NOW ServiceNow Inc. 0.22% 1,115,322 $997.5M Reduce -5.4%
TECK Teck Resources Ltd.-CLS B 0.22% 19,044,608 $994.9M Add +3.4%
QCOM Qualcomm Inc. 0.22% 5,826,654 $990.8M Add +12.0%
PANW Palo Alto Networks Inc. 0.22% 2,863,354 $978.7M Reduce -1.8%
VCIT Vanguard Int-Term Corporate 0.21% 11,384,051 $953.4M Add +5.0%
BAM Brookfield Asset Mgmt-A 0.21% 19,966,208 $944.2M Add +25.5%
DUK Duke Energy Corp. 0.21% 8,145,536 $939.2M Reduce -1.3%
PFE Pfizer Inc. 0.21% 31,949,973 $924.6M Add +21.3%
T AT&T Inc. 0.20% 40,910,545 $900.0M Add +2.0%
VTV Vanguard Mrngstr Val ETF-Aui 0.20% 5,095,002 $889.4M Reduce -1.3%
ORCL Oracle Corp. 0.19% 5,139,555 $875.8M Add +2.0%
GIB Cgi Inc. 0.19% 7,561,530 $869.3M Add +5.3%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.19% 2,052,505 $868.5M Add +100.5%
CB Chubb Ltd. 0.19% 2,999,207 $864.9M Add +101.3%

Show all 6,318 holdings

Options reported separately and not counted above: SPY puts ($7.4B), SPY calls ($7.2B), IWM puts ($3.7B), QQQ puts ($3.0B), QQQ calls ($2.0B), IWM calls ($1.0B), XLF puts ($675.1M), BMO puts ($519.0M), BMO calls ($409.9M), BCE puts ($407.3M), AAPL calls ($355.0M), BNS puts ($325.1M), and 460 more.

Other holdings (190): bonds, preferreds, convertibles and warrants · $495.4M (not counted above)
SecurityClassShares / PrincipalValueChange
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal 25,212,000$24.7MAdd +24.5%
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 16,838,000$24.1MNew
ZILLOW GROUP INC (Z 2.75 05/15/25) NOTE 2.750% 5/1 · principal 21,570,000$24.0MAdd +126782.4%
ZSCALER INC. (ZS 0.125 07/01/25) NOTE 0.125% 7/0 · principal 19,336,000$23.6MAdd +49.0%
BLOCK INC (XYZ 0.125 03/01/25) NOTE 0.125% 3/0 · principal 21,907,000$21.4MAdd +259.5%
REDWOOD TRUST INC (RWT 7.75 06/15/27) NOTE 7.750% 6/1 · principal 21,150,000$21.1MReduce -5.4%
AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) NOTE 0.125% 5/0 · principal 16,634,000$18.5MAdd +25.9%
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal 20,100,000$18.1MAdd +121.6%
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) NOTE 3.625% 6/1 · principal 16,219,000$16.6MNew
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) NOTE 1.250% 5/0 · principal 14,088,000$14.2MAdd +199.1%
DEXCOM INC (DXCM 0.25 11/15/25) NOTE 0.250%11/1 · principal 11,884,000$11.3MAdd +23.4%
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) NOTE 3.625% 4/1 · principal 9,448,000$10.8MAdd +19.6%
MONGODB INC (MDB 0.25 01/15/26) NOTE 0.250% 1/1 · principal 6,677,000$9.2MAdd +100.7%
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) NOTE 1.750%12/1 · principal 9,422,000$8.6MReduce -10.9%
INTERDIGITAL INC (IDCC 3.5 06/01/27) NOTE 3.500% 6/0 · principal 4,600,000$8.5MAdd +2.2%
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) NOTE 3.125% 1/1 · principal 6,779,000$8.3MReduce -31.6%
MARRIOTT VACATION WORLDW (VAC 0 01/15/26) NOTE 1/1 · principal 8,914,000$8.3MAdd +38.9%
PEABODY ENERGY CORP (BTU 3.25 03/01/28) NOTE 3.250% 3/0 · principal 5,067,000$7.6MNo change
JBT MAREL CORP (JBTM 0.25 05/15/26) NOTE 0.250% 5/1 · principal 7,774,000$7.3MAdd +33.4%
NICE LTD (NICEIT 0 09/15/25) NOTE 9/1 · principal 7,373,000$7.1MAdd +27.1%
LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) NOTE 1.500%12/1 · principal 5,574,000$6.5MReduce -65.7%
EXACT SCIENCES CORP (EXAS 0.375 03/15/27) NOTE 0.375% 3/1 · principal 6,594,000$6.4MReduce -36.5%
IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) NOTE 4/0 · principal 6,211,000$6.2MAdd +82.1%
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) NOTE 2.000% 6/1 · principal 5,908,000$5.9MReduce -26.4%
DROPBOX INC (DBX 0 03/01/26) NOTE 3/0 · principal 5,919,000$5.7MReduce -6.3%
WAYFAIR INC (W 3.25 09/15/27) NOTE 3.250% 9/1 · principal 4,740,000$5.7MAdd +253.7%
PENNYMAC CORP (PMT 5.5 03/15/26) NOTE 5.500% 3/1 · principal 5,112,000$5.0MReduce -43.9%
SEA LTD (SEALTD 2.375 12/01/25) NOTE 2.375%12/0 · principal 3,975,000$4.8MReduce -10.2%
SNAP INC (SNAP 0 05/01/27) NOTE 5/0 · principal 5,475,000$4.7MAdd +13.0%
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal 4,763,000$4.5MAdd +316.0%
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) NOTE 0.125% 1/1 · principal 4,342,000$4.3MReduce -28.2%
ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) NOTE 2.250% 4/0 · principal 3,717,000$4.3MAdd +7.2%
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) NOTE 12/0 · principal 4,490,000$4.0MNo change
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) NOTE 1.250% 9/1 · principal 3,435,000$3.9MReduce -16.3%
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) NOTE 2.250% 8/1 · principal 3,496,000$3.8MAdd +604.8%
TELADOC HEALTH INC (TDOC 1.25 06/01/27) NOTE 1.250% 6/0 · principal 4,452,000$3.8MNo change
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal 4,342,000$3.8MAdd +334.2%
UPSTART HOLDINGS INC (UPST 0.25 08/15/26) NOTE 0.250% 8/1 · principal 4,320,000$3.8MNo change
UNITY SOFTWARE INC (U 0 11/15/26) NOTE 11/1 · principal 4,240,000$3.8MAdd +1.2%
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal 3,765,000$3.8MReduce -1.1%
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal 3,051,000$3.6MReduce -6.2%
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal 3,086,000$3.6MReduce -15.5%
ENVESTNET INC (ENV 2.625 12/01/27) NOTE 2.625%12/0 · principal 3,391,000$3.6MAdd +143.8%
IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) NOTE 1.750% 6/1 · principal 3,216,000$3.4MReduce -43.7%
INSULET CORPORATION (PODD 0.375 09/01/26) NOTE 0.375% 9/0 · principal 2,800,000$3.3MReduce -9.7%
SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) NOTE 12/1 · principal 2,712,000$3.3MReduce -18.1%
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal 3,128,000$3.2MReduce -85.0%
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal 2,645,000$3.2MReduce -13.8%
LI AUTO INC (LI 0.25 05/01/28) NOTE 0.250% 5/0 · principal 2,600,000$3.1MReduce -17.1%
UBER TECHNOLOGIES INC (UBER 0 12/15/25) NOTE 12/1 · principal 2,764,000$3.1MReduce -87.6%
TETRA TECH INC (TTEK 2.25 08/15/28) DBCV 2.250% 8/1 · principal 2,328,000$3.0MNew
NCL CORPORATION LTD (NCLH 5.375 08/01/25) NOTE 5.375% 8/0 · principal 2,440,000$3.0MAdd +2.5%
PROSPECT CAPITAL CORP (PSEC 6.375 03/01/25) NOTE 6.375% 3/0 · principal 3,021,000$3.0MAdd +15.7%
BENTLEY SYSTEMS (BSY 0.375 07/01/27) NOTE 0.375% 7/0 · principal 3,252,000$3.0MReduce -1.4%
PEGASYSTEMS INC (PEGA 0.75 03/01/25) NOTE 0.750% 3/0 · principal 2,904,000$2.8MReduce -25.5%
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal 2,260,000$2.7MNew
M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) NOTE 0.250% 3/1 · principal 1,891,000$2.7MReduce -43.5%
NATIONAL VISION HOLDINGS (EYE 2.5 05/15/25) NOTE 2.500% 5/1 · principal 2,500,000$2.5MNew
MICROSTRATEGY INC (MSTR 0 02/15/27) NOTE 2/1 · principal 1,729,000$2.4MReduce -76.0%
WORKIVA INC (WK 1.25 08/15/28) NOTE 1.250% 8/1 · principal 2,437,000$2.3MNew
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal 1,859,000$2.3MReduce -19.8%
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) NOTE 0.375% 9/0 · principal 2,200,000$2.3MAdd +10.0%
CONMED CORP (CNMD 2.25 06/15/27) NOTE 2.250% 6/1 · principal 2,410,000$2.2MReduce -19.4%
VERINT SYSTEMS INC (VRNT 0.25 04/15/26) NOTE 0.250% 4/1 · principal 2,323,000$2.2MReduce -20.0%
LCI INDUSTRIES (LCII 1.125 05/15/26) NOTE 1.125% 5/1 · principal 2,123,000$2.1MReduce -56.4%
CYTOKINETICS INC (CYTK 3.5 07/01/27) NOTE 3.500% 7/0 · principal 1,650,000$2.1MReduce -13.2%
SEMTECH CORP (SMTC 1.625 11/01/27) NOTE 1.625%11/0 · principal 1,481,000$2.1MReduce -28.8%
ETSY INC (ETSY 0.125 10/01/26) NOTE 0.125%10/0 · principal 2,072,000$2.0MReduce -12.7%
ZYNEX INC (ZYXI 5 05/15/26) NOTE 5.000% 5/1 · principal 2,000,000$2.0MNo change
INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) NOTE 0.500% 8/1 · principal 2,043,000$1.9MReduce -55.9%
BLOOM ENERGY CORP (BE 3 06/01/28) NOTE 3.000% 6/0 · principal 1,959,000$1.8MReduce -12.3%
LYFT INC (LYFT 1.5 05/15/25) NOTE 1.500% 5/1 · principal 1,831,000$1.8MAdd +1353.2%
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) NOTE 2.500% 3/1 · principal 1,663,000$1.7MNo change
AIRBNB INC (ABNB 0 03/15/26) NOTE 3/1 · principal 1,834,000$1.7MReduce -4.1%
ALARM.COM HLDGS INC (ALRM 0 01/15/26) NOTE 1/1 · principal 1,748,000$1.6MReduce -44.9%
VARONIS SYSTEM INC (VRNS 1.25 08/15/25) NOTE 1.250% 8/1 · principal 850,000$1.6MNew
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal 1,506,000$1.5MReduce -69.2%
ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) NOTE 2.500% 7/1 · principal 1,395,000$1.5MReduce -16.5%
ZIFF DAVIS INC (ZD 1.75 11/01/26) NOTE 1.750%11/0 · principal 1,458,000$1.3MReduce -79.2%
CLOUDFLARE INC (NET 0 08/15/26) NOTE 8/1 · principal 1,108,000$1.0MReduce -79.3%
BLOCK INC (XYZ 0 05/01/26) NOTE 5/0 · principal 1,050,000$968KNo change
PENNYMAC CORP (PMT 5.5 11/01/24) NOTE 5.500%11/0 · principal 911,000$911KReduce -18.3%
SNAP INC (SNAP 0.125 03/01/28) NOTE 0.125% 3/0 · principal 993,000$793KAdd +2.8%
TWO HARBORS INV CORP (TWO 6.25 01/15/26) NOTE 6.250% 1/1 · principal 758,000$743KReduce -82.0%
MIDDLEBY CORP (MIDD 1 09/01/25) NOTE 1.000% 9/0 · principal 602,000$702KNo change
SHOPIFY INC (SHOPCN 0.125 11/01/25) NOTE 0.125%11/0 · principal 691,000$665KNo change
ENVESTNET INC (ENV 0.75 08/15/25) 0.75 8/15/2025 · principal 670,000$661KNo change
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) NOTE 0.750% 3/1 · principal 634,000$621KNo change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 20,828$618KReduce -2.4%
WIX LTD (WIX 0 08/15/25) NOTE 8/1 · principal 600,000$572KNo change
BLOCK INC (XYZ 0.25 11/01/27) NOTE 0.250%11/0 · principal 635,000$547KNo change
CVE.WS Cenovus Energy Inc. -CW26 *W EXP 01/01/202 29,480$348KReduce -96.5%
CALLAWAY GOLF CO (CALY 2.75 05/01/26) NOTE 2.750% 5/0 · principal 209,000$212KReduce -70.5%
ZPTAW Zapata Computing Hol- CW23 *W EXP 02/14/202 3,927,070$140KNew
GLAUKOS CORP (GKOS 2.75 06/15/27) NOTE 2.750% 6/1 · principal 61,000$138KNo change
ETSY INC (ETSY 0.125 09/01/27) NOTE 0.125% 9/0 · principal 160,000$137KNo change
ENPHASE ENERGY INC (ENPH 0 03/01/26) NOTE 3/0 · principal 145,000$136KNo change
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal 121,000$133KReduce -97.1%
EPR PROPERTIES (EPR 5.75 PERP C) PFD C CV 5.75% · principal 5,277$118KReduce -30.5%
ASTLW Algoma Steel Group Inc. -CW26 *W EXP 10/19/202 55,400$96KReduce -0.1%
BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) NOTE 5.500% 3/1 · principal 100,000$95KNew
STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) NOTE 6.750% 7/1 · principal 50,000$53KNo change
CORZZ Core Scientific Inc. - 29 *W EXP 01/23/202 4,333$51KReduce -13.3%
EQUITY COMMONWEALTH (EQC 6.5 PERP D) 6.5% CNV PFD D · principal 1,900$48KReduce -42.8%
RLJ LODGING TRUST (RLJ 1.95 PERP A) CUM CONV PFD A · principal 1,413$37KAdd +253.3%
HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 13,206$29KReduce -0.1%
RWT HOLDINGS INC (RWT 5.75 10/01/25) NOTE 5.750%10/0 · principal 25,000$25KNew
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A · principal 16,274$21KReduce -0.3%
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal 11,000$19KNo change
CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) NOTE 0.375% 6/1 · principal 18,000$17KNo change
HUBSPOT INC (HUBS 0.375 06/01/25) NOTE 0.375% 6/0 · principal 9,000$17KNo change
PALO ALTO NETWORKS (PANW 0.375 06/01/25) NOTE 0.375% 6/0 · principal 4,000$14KNo change
NRG ENERGY INC (NRG 2.75 06/01/48) DBCV 2.750% 6/0 · principal 6,000$13KNo change
WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) NOTE 3.250% 6/1 · principal 10,000$11KNo change
VISHAY INTERTECHNOLOGY (VSH 2.25 06/15/25) NOTE 2.250% 6/1 · principal 10,000$10KNo change
JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) CONVERTIBLE BOND · principal 10,000$9KNo change
NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) NOTE 7.500%10/1 · principal 9,000$9KNew
RINGCENTRAL INC (RNG 0 03/01/25) NOTE 3/0 · principal 9,000$9KNo change
SHAKE SHACK INC (SHAK 0 03/01/28) NOTE 3/0 · principal 10,000$9KNo change
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L · principal 6,440$8KReduce -18.5%
MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24) NOTE 0.125%11/1 · principal 7,000$7KNo change
NUVASIVE INC (GMED 0.375 03/15/25) NOTE 0.375% 3/1 · principal 7,000$7KNo change
VAIL RESORTS INC (MTN 0 01/01/26) NOTE 1/0 · principal 7,000$7KNo change
BURLINGTON STORES INC (BURL 2.25 04/15/25) NOTE 2.250% 4/1 · principal 5,000$6KNo change
CABLE ONE INC (CABO 1.125 03/15/28) NOTE 1.125% 3/1 · principal 8,000$6KNo change
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 938$6KReduce -51.9%
EXACT SCIENCES CORP (EXAS 0.375 03/01/28) NOTE 0.375% 3/0 · principal 6,000$6KNo change
GUIDEWIRE SOFTWARE INC (GWRE 1.25 03/15/25) NOTE 1.250% 3/1 · principal 4,000$6KNo change
HPKEW Highpeak Energy Inc. *W EXP 08/21/202 1,500$6KNo change
EPR PROPERTIES (EPR 9 PERP E) CONV PFD 9% SR E · principal 170$5KNo change
EXEEL Chesapeake Energy Corp. -CW26 *W EXP 02/09/202 64$4KNew
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) NOTE 3/1 · principal 4,300$4KNew
NIO INC (NIO 4.625 10/15/30) NOTE 4.625%10/1 · principal 4,500$4KNew
REDFIN CORP (RDFN 0.5 04/01/27) NOTE 0.500% 4/0 · principal 5,300$4KNew
SNAP INC (SNAP 0.75 08/01/26) NOTE 0.750% 8/0 · principal 4,000$4KReduce -86.2%
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 · principal 8,205$4KReduce -22.9%
MICROCHIP TECHNOLOGY INC (MCHP 1.625 02/15/25) NOTE 1.625% 2/1 · principal 1,000$3KNo change
AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) NOTE 6.500% 7/0 · principal 2,000$2KNo change
ARKOW Arko Corp. -CW25 *W EXP 12/22/202 2,894$2KNo change
CHEGG INC (CHGG 0.125 03/15/25) NOTE 0.125% 3/1 · principal 2,000$2KNo change
FUBOTV INC (FUBO 3.25 02/15/26) NOTE 3.250% 2/1 · principal 2,900$2KNew
IQIYI INC (IQ 2 04/01/25) NOTE 2.000% 4/0 · principal 3,000$2KNo change
LGL.WS LGL Group Inc./the -CW25 *W EXP 11/16/202 8,600$2KNo change
EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) PFD CV TR SEC 28 · principal 3,113$2KReduce -20.1%
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV · principal 2,212$1KNew
ADVENT CONVERTIBLE AND INCOM RIGHT 10/17/2024 47,090$1KAdd +1.9%
ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) NOTE 1.000%12/0 · principal 1,100$1KNew
DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal 1,000$1KNo change
GABELLI UTILITY TRUST/THE RIGHT 10/21/2024 30,425$1KReduce -42.6%
MSAIW Sportsmap Tech Acq -CW27 *W EXP 12/19/202 25,000$1KNo change
PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) NOTE 2.750% 5/1 · principal 1,000$1KNo change
SPIRIT AIRLINES INC (SAVE 1 05/15/26) NOTE 1.000% 5/1 · principal 4,000$1KNo change
WAYFAIR INC (W 1 08/15/26) NOTE 1.000% 8/1 · principal 1,000$1KNo change
CSLWF Consilium Acquisition -27 *W EXP 99/99/999 10,000$1KNo change
MNYWW Moneyhero Ltd.-28 *W EXP 09/13/202 29,465$1KNo change
LILWF Lilium NV -CW26 *W EXP 09/14/202 10,000$1KNo change
BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) UNIT 02/01/2027 · principal 749$420New
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV · principal 546$370Reduce -35.2%
LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) PFD CONV SER C · principal 609$320Reduce -47.8%
KIMCO REALTY CORP (KIM 7.25 PERP N) DP CV CL N 7.25% · principal 500$310No change
RBC BEARINGS INC (RBC 5 10/15/24 A) 5% CNV PFD SR A · principal 49$60Reduce -90.7%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A · principal 23$10Reduce -97.4%
ACCELERATE DIAGNOSTICS (AXDX 5 12/15/26) NOTE 5.000%12/1 · principal 12,061,758$0Add +12.6%
ALURW Allurion Technologies-28 *W EXP 08/01/203 221$0No change
BKKT.WS Bakkt Holdings Inc. -CW26 *W EXP 10/25/202 250$0No change
BRISTOL MYERS - CELGENE CVR RIGHT 12/30/2030 2,475$0No change
BFLYW Butterfly Network Inc. -CW25 *W EXP 02/12/202 1,217$0No change
DJTWW Trump Media & Technology Gro *W EXP 03/25/202 10$0Reduce -85.9%
ETSY INC (ETSY 0.25 06/15/28) NOTE 0.250% 6/1 · principal 300$0New
FORUM ENERGY TECHNOLOGIE (FET 9 08/04/25) NOTE 9.000% 8/0 · principal 452$0Reduce -49.3%
GRDIW Griid Infrastructure Inc.-28 *W EXP 12/29/202 760$0Add +100.0%
LDTDF Prospector Leddartech Alm-28 *W EXP 12/21/202 316$0No change
LEVWQ Lion Electric Co./the -CW26 *W EXP 05/06/202 3,400$0New
LTRYW Sports Entertainment-CW21 *W EXP 10/15/202 15,000$0No change
OUSTW Ouster Inc.-28 *W EXP 09/29/202 57$0No change
SQFTW Presidio Property TRST -CW27 *W EXP 01/24/202 12,379$0No change
RVMDW Revolution Medicines Inc.-28 *W EXP 12/17/202 200$0No change
RGTIW Rigetti Computing -CW27 *W EXP 03/02/202 7$0No change
SESCW Ivanhoe Capital Class A -CW27 *W EXP 12/10/202 33$0No change
SEAPORT ENTERTAINMENT GR-RTS RIGHT 10/10/2024 357$0New
SONWQ Gores Metropoulos II -CW28 *W EXP 01/18/202 117$0No change
USGOW US Goldmining Inc.-28 *W EXP 99/99/999 100$0No change
RBOT.WS Vicarious Surgical Inc.-CW27 *W EXP 09/17/202 10$0No change
WESTERN ASSET GLOBAL HIGH-RT RIGHT 10/08/2024 35,882$0Add +0.9%
XOSWW Xos Inc. -CW26 *W EXP 08/20/202 72$0New
GRABW Grab Holdings Ltd.-CW 26 *W EXP 99/99/999 120$0No change
RNWWW Renew Energy Global -CW26 *W EXP 08/21/202 233$0No change
VAL.WS Valaris Ltd. -CW28 *W EXP 04/29/202 17$0No change
WBXWF Wallbox BV Class A -CW26 *W EXP 10/01/202 1,000$0No change
DSX.WS Diana Shipping Inc.-28 *W EXP 12/14/202 638$0Add +490.7%

Total filed on the 13F, all lines: $449.9B.

Portfolio Sells Q2 2024 → Q3 2024
QQQ Invesco QQQ Trust Series 1 Reduce -41.5% 0.50% −0.41
GOOGL Alphabet Inc. Class A Reduce -12.6% 1.03% −0.38
NVDA Nvidia Corp. Reduce -4.4% 2.36% −0.37
CNQ Canadian Natural Resources Reduce -6.0% 0.80% −0.19
IVV iShares Core S&P 500 ETF Reduce -8.0% 1.54% −0.18
V Visa Inc. Class A Reduce -8.1% 1.02% −0.13
MU Micron Technology Inc. Reduce -36.6% 0.10% −0.12
TSM Taiwan Semiconductor-SP ADR Reduce -18.1% 0.35% −0.11
TMUS T-Mobile US Inc. Reduce -33.1% 0.27% −0.10
DIS The Walt Disney Co. Reduce -12.3% 0.27% −0.07
CNI Canadian Natl Railway Co. Reduce -1.3% 0.67% −0.07
JPM JPMorgan Chase & Co. Reduce -1.8% 1.13% −0.07
VOO Vanguard S&P 500 ETF Reduce -12.3% 0.39% −0.07
CVE Cenovus Energy Inc. Reduce -13.4% 0.14% −0.07
BMO Bank of Montreal Reduce -4.2% 1.11% −0.06
HON Honeywell International Inc. Reduce -3.6% 0.34% −0.06
MFC Manulife Financial Corp. Reduce -7.3% 0.98% −0.05
ENB Enbridge Inc. Reduce -8.8% 1.07% −0.05
AMGN Amgen Inc. Reduce -4.5% 0.34% −0.03
SCHW Schwab (charles) Corp. Reduce -8.1% 0.10% −0.03
KLAC KLA Corp. Reduce -11.5% 0.11% −0.03
TRI Thomson Reuters Corp. Reduce -0.2% 0.44% −0.03
PBA Pembina Pipeline Corp. Reduce -9.8% 0.39% −0.03
XLF SS Financial Select Sector Reduce -32.5% 0.07% −0.03
VRTX Vertex Pharmaceuticals Inc. Reduce -6.8% 0.16% −0.03
BKLN Invesco Senior Loan ETF Reduce -87.4% 0.00% −0.03
STN Stantec Inc. Reduce -27.2% 0.05% −0.03
PCAR Paccar Inc. Reduce -33.6% 0.04% −0.03
EW Edwards Lifesciences Corp. Reduce -20.0% 0.03% −0.03
BA The Boeing Co. Reduce -8.0% 0.06% −0.03
SMCI Super Micro Computer Inc. Reduce -99.9% 0.00% −0.02
XLE SS Energy Select Sector Reduce -16.2% 0.07% −0.02
SNPS Synopsys Inc. Reduce -6.8% 0.06% −0.02
AMD Advanced Micro Devices Reduce -5.7% 0.16% −0.02
FNV Franco-Nevada Corp. Reduce -15.3% 0.10% −0.02
SGOV iShares 0-3 Month Treasury B Reduce -47.0% 0.02% −0.02
TLT iShares 20+ Year Treasury BD Reduce -27.9% 0.05% −0.02
PANW Palo Alto Networks Inc. Reduce -1.8% 0.22% −0.02
MGA Magna International Inc. Reduce -6.8% 0.11% −0.02
WM Waste Management Inc. Reduce -5.9% 0.11% −0.02
OTEX Open Text Corp. Reduce -21.4% 0.08% −0.02
IMO Imperial Oil Ltd. Reduce -9.2% 0.12% −0.02
TEL Te Connectivity PLC Reduce -42.2% 0.02% −0.02
DXCM Dexcom Inc. Reduce -17.4% 0.02% −0.02
IJH iShares Core S&P Midcap ETF Reduce -3.5% 0.30% −0.02
ABNB Airbnb Inc. Class A Reduce -3.4% 0.05% −0.02
MUB iShares National Muni Bond E Reduce -19.9% 0.05% −0.02
SLB SLB Ltd. Reduce -5.7% 0.05% −0.02
VCSH Vanguard S/T Corp. Bond ETF Reduce -8.7% 0.10% −0.02
HES Hess Corp. Reduce -29.5% 0.02% −0.02

Portfolio Buys Q2 2024 → Q3 2024
SPY SS SPDR S&P 500 ETF Trust-US Add +53.8% 1.58% +0.52
ACN Accenture PLC Class A Add +81.7% 0.38% +0.19
TD Toronto-Dominion Bank Add +3.6% 2.08% +0.19
META Meta Platforms Inc. Class A Add +11.9% 0.99% +0.14
AVGO Broadcom Inc. Add +22.4% 0.81% +0.14
BNS Bank of Nova Scotia Add +2.1% 1.24% +0.13
TRP TC Energy Corp. Add +0.1% 0.99% +0.13
IWM iShares Russell 2000 ETF Add +76.7% 0.28% +0.12
CB Chubb Ltd. Add +101.3% 0.19% +0.10
DIA SS SPDR Dow Jones Indus Avg Add +100.5% 0.19% +0.10
TSLA Tesla Inc. Add +18.4% 0.27% +0.08
BX Blackstone Inc. Add +16.3% 0.32% +0.08
MCK McKesson Corp. Add +115.9% 0.19% +0.08
SLF Sun Life Financial Inc. Add +5.9% 0.55% +0.07
BIP Brookfield Infrastructure Pa Add +4.8% 0.37% +0.07
LNG Cheniere Energy Inc. Add +333.9% 0.09% +0.07
BAM Brookfield Asset Mgmt-A Add +25.5% 0.21% +0.06
LMT Lockheed Martin Corp. Add +9.3% 0.29% +0.06
IBM Intl Business Machines Corp. Add +9.3% 0.26% +0.06
BMY Bristol-Myers Squibb Co. Add +58.1% 0.12% +0.06
CRH CRH PLC Add +6.5% 0.29% +0.05
MDY State Street SPDR S&P Midcap Add +116.4% 0.09% +0.05
PYPL PayPal Holdings Inc. Add +42.3% 0.10% +0.04
C Citigroup Inc. Add +33.0% 0.24% +0.04
NEE Nextera Energy Inc. Add +2.0% 0.37% +0.04
GE General Electric Add +25.0% 0.13% +0.04
PH Parker Hannifin Corp. Add +10.4% 0.16% +0.03
CAT Caterpillar Inc. Add +14.3% 0.18% +0.03
EFA iShares MSCI Eafe ETF Add +27.7% 0.16% +0.03
ABBV Abbvie Inc. Add +2.8% 0.39% +0.03
YUMC Yum China Holdings Inc. Add +9.3% 0.10% +0.03
KO The Coca-Cola Co. Add +3.3% 0.45% +0.03
BEP Brookfield Renewable Partner Add +36.7% 0.10% +0.03
CRM Salesforce Inc. Add +10.3% 0.41% +0.03
URI United Rentals Inc. Add +94.3% 0.05% +0.03
BNY Bank of New York Mellon Corp. Add +69.8% 0.06% +0.03
B Barrick Gold Corp. Add +11.7% 0.15% +0.03
PFE Pfizer Inc. Add +21.3% 0.21% +0.03
IEF iShares 7-10 Year Treasury B Add +214.5% 0.04% +0.03
NOC Northrop Grumman Corp. Add +16.0% 0.12% +0.03
LOW Lowe's Cos Inc. Add +14.6% 0.11% +0.03
TT Trane Technologies PLC Add +7.5% 0.17% +0.02
GS Goldman Sachs Group Inc. Add +16.9% 0.16% +0.02
ORCL Oracle Corp. Add +2.0% 0.19% +0.02
BLK BlackRock Finance Inc. Add +3.8% 0.16% +0.02
CLX Clorox Company Add +26.3% 0.08% +0.02
PLTR Palantir Technologies Inc. Class A Add +76.9% 0.04% +0.02
JNJ Johnson & Johnson Add +1.7% 0.54% +0.02
GIB Cgi Inc. Add +5.3% 0.19% +0.02
JNK SS SPDR BB High Yield Bond Add +143.5% 0.04% +0.02

Options Activity Q2 2024 → Q3 2024
SPY SS SPDR S&P 500 ETF Trust-US put Add +101.3% 12,911,800 $7.4B
SPY SS SPDR S&P 500 ETF Trust-US call Add +96.4% 12,619,100 $7.2B
IWM iShares Russell 2000 ETF put Add +26.8% 16,785,400 $3.7B
QQQ Invesco QQQ Trust Series 1 put Add +28.3% 6,047,100 $3.0B
QQQ Invesco QQQ Trust Series 1 call Add +73.2% 4,108,200 $2.0B
IWM iShares Russell 2000 ETF call Add +50.5% 4,580,500 $1.0B
XLF SS Financial Select Sector put Add +2.0% 14,896,000 $675.1M
BMO Bank of Montreal put Add +193.7% 5,754,100 $519.0M
BMO Bank of Montreal call Add +243.3% 4,544,800 $409.9M
BCE Bce Inc. put Add +28.0% 11,702,800 $407.3M
AAPL Apple Inc. call Add +81.8% 1,523,800 $355.0M
BNS Bank of Nova Scotia put Add +6.4% 5,965,800 $325.1M
TSLA Tesla Inc. call Add +89.4% 1,041,700 $272.5M
C Citigroup Inc. put Add +46.1% 4,070,500 $254.8M
XLE SS Energy Select Sector put Reduce -24.4% 2,860,100 $251.1M
MSFT Microsoft Corp. put Add +47.9% 579,200 $249.2M
MSFT Microsoft Corp. call Add +80.6% 572,200 $246.2M
JPM JPMorgan Chase & Co. call Add +3357.8% 1,137,600 $239.9M
TD Toronto-Dominion Bank put Add +22.3% 3,717,200 $235.2M
AAPL Apple Inc. put Reduce -19.1% 999,800 $233.0M
META Meta Platforms Inc. Class A call Add +235.1% 402,100 $230.2M
AVGO Broadcom Inc. put Add +425.6% 1,313,900 $226.6M
ENB Enbridge Inc. put Add +28.1% 5,491,000 $223.0M
BAC Bank of America Corp. put Add +39.0% 5,574,800 $221.2M
TRP TC Energy Corp. put Add +4.3% 4,508,300 $214.4M
CM Can Imperial BK of Commerce call Add +17.8% 3,474,600 $213.1M
NVDA Nvidia Corp. call Add +34.7% 1,642,900 $199.5M
CM Can Imperial BK of Commerce put Add +6.6% 3,235,500 $198.5M
BCE Bce Inc. call Add +15.2% 5,361,800 $186.6M
PBA Pembina Pipeline Corp. put Add +25.2% 4,505,400 $185.8M
TD Toronto-Dominion Bank call Reduce -6.0% 2,936,200 $185.7M
MFC Manulife Financial Corp. put Add +2.6% 6,025,200 $178.0M
BNS Bank of Nova Scotia call Add +26.1% 3,213,400 $175.1M
GLD SPDR Gold Shares call Add +80.7% 685,800 $166.7M
TSLA Tesla Inc. put Reduce -18.4% 636,100 $166.4M
AMZN Amazon.com Inc. put Add +29.3% 887,300 $165.3M
NVDA Nvidia Corp. put Add +40.8% 1,340,300 $162.8M
AQN Algonquin Power & Utilities put New 28,733,600 $156.6M
SLF Sun Life Financial Inc. put Reduce -0.5% 2,197,400 $127.5M
XOM Exxon Mobil Corp. call Add +135.2% 1,061,200 $124.4M
WFC Wells Fargo & Co. call Add +32.8% 2,120,500 $119.8M
IBM Intl Business Machines Corp. put Add +2216.0% 521,100 $115.2M
AMZN Amazon.com Inc. call Add +43.1% 603,200 $112.4M
DIA SS SPDR Dow Jones Indus Avg put Add +136.4% 260,000 $110.0M
TLT iShares 20+ Year Treasury BD put Reduce -42.0% 1,063,400 $104.3M
CNQ Canadian Natural Resources put Add +21.7% 3,082,500 $102.4M
EFA iShares MSCI Eafe ETF call Add +10.0% 1,218,000 $101.9M
ENB Enbridge Inc. call Add +19.9% 2,506,000 $101.8M
CVE Cenovus Energy Inc. put Add +72.2% 6,075,500 $101.6M
RCI Rogers Communications Inc. Class B put Add +17.9% 2,300,000 $92.5M

Showing the first 50 of 472.

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
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal Add +24.5% 25,212,000 $24.7M
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal New 16,838,000 $24.1M
ZILLOW GROUP INC (Z 2.75 05/15/25) NOTE 2.750% 5/1 · principal Add +126782.4% 21,570,000 $24.0M
ZSCALER INC. (ZS 0.125 07/01/25) NOTE 0.125% 7/0 · principal Add +49.0% 19,336,000 $23.6M
BLOCK INC (XYZ 0.125 03/01/25) NOTE 0.125% 3/0 · principal Add +259.5% 21,907,000 $21.4M
REDWOOD TRUST INC (RWT 7.75 06/15/27) NOTE 7.750% 6/1 · principal Reduce -5.4% 21,150,000 $21.1M
AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) NOTE 0.125% 5/0 · principal Add +25.9% 16,634,000 $18.5M
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal Add +121.6% 20,100,000 $18.1M
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) NOTE 3.625% 6/1 · principal New 16,219,000 $16.6M
ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) NOTE 1.500% 9/0 · principal Sold out 15,392,000 $15.1Mbefore exit
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) NOTE 1.250% 5/0 · principal Add +199.1% 14,088,000 $14.2M
DEXCOM INC (DXCM 0.25 11/15/25) NOTE 0.250%11/1 · principal Add +23.4% 11,884,000 $11.3M
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) NOTE 3.625% 4/1 · principal Add +19.6% 9,448,000 $10.8M
MONGODB INC (MDB 0.25 01/15/26) NOTE 0.250% 1/1 · principal Add +100.7% 6,677,000 $9.2M
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) NOTE 1.750%12/1 · principal Reduce -10.9% 9,422,000 $8.6M
INTERDIGITAL INC (IDCC 3.5 06/01/27) NOTE 3.500% 6/0 · principal Add +2.2% 4,600,000 $8.5M
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) NOTE 3.125% 1/1 · principal Reduce -31.6% 6,779,000 $8.3M
MARRIOTT VACATION WORLDW (VAC 0 01/15/26) NOTE 1/1 · principal Add +38.9% 8,914,000 $8.3M
ZILLOW GROUP INC (Z 1.375 09/01/26) NOTE 1.375% 9/0 · principal Sold out 6,163,000 $7.4Mbefore exit
JBT MAREL CORP (JBTM 0.25 05/15/26) NOTE 0.250% 5/1 · principal Add +33.4% 7,774,000 $7.3M
NICE LTD (NICEIT 0 09/15/25) NOTE 9/1 · principal Add +27.1% 7,373,000 $7.1M
PELOTON INTERACTIVE INC (PTON 0 02/15/26) NOTE 2/1 · principal Sold out 7,893,000 $6.9Mbefore exit
LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) NOTE 1.500%12/1 · principal Reduce -65.7% 5,574,000 $6.5M
EXACT SCIENCES CORP (EXAS 0.375 03/15/27) NOTE 0.375% 3/1 · principal Reduce -36.5% 6,594,000 $6.4M
IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) NOTE 4/0 · principal Add +82.1% 6,211,000 $6.2M
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) NOTE 2.000% 6/1 · principal Reduce -26.4% 5,908,000 $5.9M
DROPBOX INC (DBX 0 03/01/26) NOTE 3/0 · principal Reduce -6.3% 5,919,000 $5.7M
WAYFAIR INC (W 3.25 09/15/27) NOTE 3.250% 9/1 · principal Add +253.7% 4,740,000 $5.7M
PENNYMAC CORP (PMT 5.5 03/15/26) NOTE 5.500% 3/1 · principal Reduce -43.9% 5,112,000 $5.0M
SEA LTD (SEALTD 2.375 12/01/25) NOTE 2.375%12/0 · principal Reduce -10.2% 3,975,000 $4.8M
SNAP INC (SNAP 0 05/01/27) NOTE 5/0 · principal Add +13.0% 5,475,000 $4.7M
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal Add +316.0% 4,763,000 $4.5M
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) NOTE 0.125% 1/1 · principal Reduce -28.2% 4,342,000 $4.3M
ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) NOTE 2.250% 4/0 · principal Add +7.2% 3,717,000 $4.3M
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) NOTE 1.250% 9/1 · principal Reduce -16.3% 3,435,000 $3.9M
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) NOTE 2.250% 8/1 · principal Add +604.8% 3,496,000 $3.8M
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal Add +334.2% 4,342,000 $3.8M
UNITY SOFTWARE INC (U 0 11/15/26) NOTE 11/1 · principal Add +1.2% 4,240,000 $3.8M
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal Reduce -1.1% 3,765,000 $3.8M
CHEGG INC (CHGG 0 09/01/26) NOTE 9/0 · principal Sold out 4,695,000 $3.7Mbefore exit
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal Reduce -6.2% 3,051,000 $3.6M
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal Reduce -15.5% 3,086,000 $3.6M
ENVESTNET INC (ENV 2.625 12/01/27) NOTE 2.625%12/0 · principal Add +143.8% 3,391,000 $3.6M
H WORLD GROUP LTD (HTHT 3 05/01/26) NOTE 3.000% 5/0 · principal Sold out 3,355,000 $3.6Mbefore exit
IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) NOTE 1.750% 6/1 · principal Reduce -43.7% 3,216,000 $3.4M
INSULET CORPORATION (PODD 0.375 09/01/26) NOTE 0.375% 9/0 · principal Reduce -9.7% 2,800,000 $3.3M
SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) NOTE 12/1 · principal Reduce -18.1% 2,712,000 $3.3M
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal Reduce -85.0% 3,128,000 $3.2M
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal Reduce -13.8% 2,645,000 $3.2M
LI AUTO INC (LI 0.25 05/01/28) NOTE 0.250% 5/0 · principal Reduce -17.1% 2,600,000 $3.1M

Showing the first 50 of 148.

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 6,906$590.3BAAPL, NVDA, RY, MSFT, GOOGL
Q1 2026 6,801$527.2BAAPL, NVDA, MSFT, IVV, RY
Q4 2025 6,782$568.3BIVV, NVDA, AAPL, MSFT, VOO
Q3 2025 6,673$561.4BMSFT, NVDA, AAPL, IVV, AMZN
Q2 2025Amended 6,597$513.3BMSFT, NVDA, AMZN, AAPL, TD
Q1 2025Amended 6,425$446.5BMSFT, AAPL, AMZN, NVDA, TD
Q4 2024 6,380$461.8BMSFT, AAPL, NVDA, AMZN, RY
Q3 2024 6,318$449.4BMSFT, AAPL, NVDA, AMZN, TD
Q2 2024Amended 6,844$414.1BMSFT, AAPL, NVDA, AMZN, RY
Q1 2024Amended 6,765$409.7BMSFT, AAPL, TD, AMZN, NVDA