Russell Investments Group, Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Russell Investments Group, Ltd. reported 3,673 stock positions worth $72.5 billion. Its top holding was Microsoft (MSFT) at 4.3% of the portfolio, followed by Apple (AAPL, 3.9%) and Nvidia (NVDA, 3.2%). Compared with Q4 2024, it opened 233 new positions, sold out of 139, added to 1,951 and reduced 1,286. The biggest buy was Mastercard Class A (MA, shares +11%) and the biggest sale Nvidia (NVDA, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Seattle, WA
- CIK
- 0001692234
- Portfolio Value
- $72.5B (Q1 2025)
- SEC Filing
- 0000950123-25-004729 ↗ filed May 13, 2025
Holdings Value
Holdings 3,673 stocks · $72.5B
| MSFT Microsoft Corp. | 4.28% | 8,272,626 | $3.1B | Add +2.4% |
| AAPL Apple Inc. | 3.91% | 12,772,568 | $2.8B | Add +6.0% |
| NVDA Nvidia Corp. | 3.18% | 21,264,136 | $2.3B | Reduce -1.0% |
| AMZN Amazon.com Inc. | 2.51% | 9,573,496 | $1.8B | Add +8.2% |
| META Meta Platforms Inc. Class A | 2.14% | 2,690,137 | $1.6B | Add +2.6% |
| MA Mastercard Inc. Class A | 1.40% | 1,851,539 | $1.0B | Add +11.2% |
| GOOGL Alphabet Inc. Class A | 1.33% | 6,243,255 | $965.1M | Add +7.5% |
| GOOG Alphabet Inc. Class C | 1.27% | 5,890,477 | $920.2M | Add +2.3% |
| TSM Taiwan Semiconductor-SP ADR | 1.07% | 4,690,038 | $778.4M | Reduce -1.6% |
| UNH Unitedhealth Group Inc. | 0.88% | 1,221,397 | $639.2M | Reduce -1.7% |
| V Visa Inc. Class A | 0.87% | 1,799,466 | $629.0M | Add +13.9% |
| AVGO Broadcom Inc. | 0.85% | 3,678,210 | $616.2M | Add +21.3% |
| LLY Eli Lilly & Co. | 0.75% | 655,627 | $541.2M | Reduce -9.5% |
| WELL Welltower Inc. | 0.74% | 3,494,066 | $535.3M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 0.62% | 1,825,596 | $447.5M | Reduce -2.4% |
| JNJ Johnson & Johnson | 0.59% | 2,603,974 | $431.1M | Add +6.8% |
| TSLA Tesla Inc. | 0.59% | 1,637,426 | $425.5M | Add +8.7% |
| EQIX Equinix Inc. | 0.56% | 497,748 | $405.5M | Add +0.5% |
| NFLX Netflix Inc. | 0.56% | 432,289 | $403.2M | Reduce -5.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 706,447 | $376.0M | Reduce -6.5% |
| PG The Procter & Gamble Co. | 0.51% | 2,153,491 | $366.6M | Add +15.3% |
| BKNG Booking Holdings Inc. | 0.50% | 78,664 | $362.8M | Add +9.2% |
| XOM Exxon Mobil Corp. | 0.48% | 2,953,758 | $351.2M | Add +3.2% |
| LIN Linde PLC | 0.48% | 749,185 | $348.6M | Add +8.8% |
| PLD Prologis Inc. | 0.48% | 3,121,609 | $348.5M | Add +0.8% |
| C Citigroup Inc. | 0.47% | 4,770,562 | $338.3M | Reduce -5.2% |
| COST Costco Wholesale Corp. | 0.46% | 356,152 | $336.8M | Add +4.3% |
| MRK Merck & Co. Inc. | 0.46% | 3,730,069 | $334.3M | Add +21.1% |
| T AT&T Inc. | 0.45% | 11,506,642 | $325.4M | Reduce -4.5% |
| PSA Public Storage | 0.45% | 1,088,171 | $325.2M | Add +8.9% |
| MCO Moody's Corp. | 0.44% | 685,446 | $318.7M | Add +8.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.42% | 7,314,379 | $305.0M | Add +15.3% |
| CRM Salesforce Inc. | 0.41% | 1,107,915 | $297.5M | Add +22.0% |
| CSCO Cisco Systems Inc. | 0.41% | 4,816,886 | $296.4M | Add +15.5% |
| NOW ServiceNow Inc. | 0.41% | 369,977 | $294.6M | Add +15.9% |
| AZO AutoZone Inc. | 0.40% | 76,886 | $292.7M | Add +5.3% |
| SPGI S&P Global Inc. | 0.38% | 549,611 | $279.0M | Add +3.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.38% | 2,289,771 | $278.0M | Reduce -0.8% |
| DLR Digital Realty Trust Inc. | 0.36% | 1,830,221 | $262.1M | Reduce -11.9% |
| PGR Progressive Corp. | 0.35% | 900,708 | $254.7M | Reduce -11.3% |
| CI The Cigna Group | 0.35% | 771,994 | $253.9M | Reduce -1.9% |
| ELV Elevance Health Inc. | 0.35% | 584,323 | $253.8M | Add +9.2% |
| WMT Walmart Inc. | 0.35% | 2,854,340 | $250.3M | Reduce -1.4% |
| SPG Simon Property Group Inc. | 0.34% | 1,471,269 | $244.2M | Reduce -1.5% |
| PEP Pepsico Inc. | 0.33% | 1,619,411 | $242.7M | Reduce -4.0% |
| ABBV Abbvie Inc. | 0.33% | 1,150,682 | $240.9M | Reduce -3.3% |
| ORCL Oracle Corp. | 0.33% | 1,721,174 | $240.9M | Reduce -6.6% |
| UBS UBS Group AG-Reg | 0.33% | 7,802,029 | $237.0M | Add +38.6% |
| SPOT Spotify Technology SA | 0.33% | 429,552 | $236.9M | Add +4.7% |
| UBER Uber Technologies Inc. | 0.32% | 3,224,739 | $234.9M | Reduce -0.3% |
| CVS CVS Health Corp. | 0.32% | 3,453,288 | $234.0M | Add +8.8% |
| ADBE Adobe Inc. | 0.32% | 605,846 | $232.5M | Add +15.2% |
| MSCI MSCI Inc. | 0.32% | 408,142 | $230.6M | Add +20.2% |
| CME Cme Group Inc. | 0.31% | 850,014 | $225.2M | Reduce -5.5% |
| INTU Intuit Inc. | 0.31% | 365,081 | $223.5M | Add +4.0% |
| NEE Nextera Energy Inc. | 0.31% | 3,130,976 | $222.0M | Reduce -1.8% |
| WFC Wells Fargo & Co. | 0.30% | 3,075,302 | $220.7M | Reduce -9.0% |
| HD Home Depot Inc. | 0.30% | 596,266 | $217.8M | Reduce -2.5% |
| DHR Danaher Corp. | 0.30% | 1,061,970 | $217.7M | Add +11.4% |
| ACN Accenture PLC Class A | 0.30% | 693,248 | $215.7M | Reduce -18.8% |
| CMCSA Comcast Corp. Class A | 0.29% | 5,716,939 | $210.8M | Add +0.4% |
| KR Kroger Co. | 0.29% | 3,067,651 | $207.6M | Reduce -5.3% |
| MCK McKesson Corp. | 0.29% | 308,235 | $207.4M | Add +8.1% |
| PM Philip Morris International | 0.29% | 1,305,072 | $207.1M | Reduce -27.5% |
| QCOM Qualcomm Inc. | 0.28% | 1,328,759 | $203.9M | Add +12.3% |
| AMT American Tower Corp. | 0.27% | 914,671 | $199.0M | Add +3.9% |
| BMY Bristol-Myers Squibb Co. | 0.27% | 3,156,972 | $192.3M | Add +10.4% |
| CVX Chevron Corp. | 0.26% | 1,137,615 | $190.3M | Add +9.0% |
| ISRG Intuitive Surgical Inc. | 0.26% | 374,502 | $185.4M | Add +5.4% |
| HCA HCA Healthcare Inc. | 0.25% | 529,567 | $183.0M | Reduce -2.7% |
| TMUS T-Mobile US Inc. | 0.24% | 647,985 | $172.8M | Reduce -3.6% |
| KO The Coca-Cola Co. | 0.24% | 2,411,282 | $172.4M | Add +1.1% |
| SHW The Sherwin-Williams Co. | 0.23% | 490,222 | $170.4M | Add +9.8% |
| VZ Verizon Communications Inc. | 0.23% | 3,729,210 | $169.0M | Add +13.9% |
| HDB HDFC Bank Ltd.-ADR | 0.23% | 2,541,113 | $168.8M | Add +4.9% |
| ORLY O'reilly Automotive Inc. | 0.23% | 116,074 | $166.2M | Add +50.2% |
| MCD McDonald's Corp. | 0.23% | 532,666 | $166.0M | Reduce -2.0% |
| ALL Allstate Corp. | 0.23% | 799,038 | $165.4M | Reduce -16.9% |
| VRTX Vertex Pharmaceuticals Inc. | 0.23% | 337,447 | $163.7M | Add +41.0% |
| ADP Automatic Data Processing | 0.23% | 535,619 | $163.5M | Add +9.2% |
| AXP American Express Co. | 0.22% | 599,438 | $161.1M | Reduce -2.1% |
| TRV The Travelers Cos Inc. | 0.22% | 605,912 | $160.1M | Add +2.8% |
| LRCX Lam Research Corp. | 0.22% | 2,194,672 | $159.5M | Add +6.6% |
| MDT Medtronic PLC | 0.22% | 1,761,625 | $158.2M | Add +7.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 630,078 | $156.0M | Add +5.0% |
| MELI MercadoLibre Inc. | 0.21% | 79,641 | $155.9M | Add +4.3% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.21% | 1,771,114 | $152.3M | Reduce -4.6% |
| TCOM Trip.com Group Ltd.-ADR | 0.21% | 2,386,398 | $151.7M | Add +48.7% |
| DASH DoorDash Inc. Class A | 0.21% | 827,692 | $151.2M | Add +6.0% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 0.21% | 1,169,233 | $150.4M | Add +25.7% |
| AU Anglogold Ashanti PLC | 0.21% | 4,041,932 | $150.1M | Add +2.4% |
| CCI Crown Castle Inc. | 0.21% | 1,431,332 | $149.2M | Add +24.5% |
| ABT Abbott Laboratories | 0.20% | 1,108,777 | $147.0M | Reduce -0.8% |
| VTR Ventas Inc. | 0.20% | 2,109,899 | $145.1M | Add +5.9% |
| ANET Arista Networks Inc. | 0.20% | 1,860,547 | $144.2M | Add +12.7% |
| GE General Electric filed as GE AEROSPACE | 0.20% | 718,771 | $143.8M | Add +69.9% |
| TXN Texas Instruments Inc. | 0.20% | 796,658 | $142.9M | Add +0.2% |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 286,567 | $142.6M | Reduce -2.5% |
| NOC Northrop Grumman Corp. | 0.20% | 278,567 | $142.6M | Add +19.1% |
| SHOP Shopify Inc. Class A | 0.19% | 1,480,439 | $141.4M | Add +2.9% |
Other holdings (111): bonds, preferreds, convertibles and warrants · $228.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 5,515,000 | $6.8M | Reduce -3.5% |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 6,446,000 | $6.2M | Add +799.0% |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 6,057,000 | $5.8M | Add +278.1% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 4,411,000 | $5.7M | Reduce -3.5% |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | 5,705,000 | $5.6M | Add +173.0% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 4,578,000 | $5.6M | Reduce -13.2% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 3,796,700 | $5.6M | Reduce -5.1% |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 6,146,000 | $5.4M | Add +336.2% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 5,663,000 | $5.3M | Add +58.1% |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 5,258,000 | $5.2M | Add +51.3% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 4,601,000 | $5.1M | No change |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | 4,977,000 | $4.9M | Add +50.8% |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | 4,881,000 | $4.9M | Add +165.3% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 4,342,000 | $4.9M | Add +9.9% |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 5,144,000 | $4.9M | Add +393.7% |
| NATIONAL VISION HOLDINGS (EYE 2.5 05/15/25) | NOTE 2.500% 5/1 · principal | 4,822,000 | $4.9M | Add +158.1% |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 5,789,400 | $4.7M | Reduce -12.0% |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | 4,651,000 | $4.6M | Add +1585.1% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 4,629,000 | $4.3M | Add +35.1% |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | 4,209,000 | $4.2M | Add +68.8% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 3,675,000 | $4.1M | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,389,000 | $4.1M | New |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 4,148,000 | $4.0M | Add +73.8% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 3,961,000 | $3.7M | Add +77.5% |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 1,483,000 | $3.6M | Reduce -22.3% |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 3,866,000 | $3.5M | Add +434.0% |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 3,548,000 | $3.4M | New |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | 3,347,000 | $3.3M | New |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 3,492,000 | $3.3M | Reduce -18.8% |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 3,472,000 | $3.1M | Add +104.0% |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | 3,299,000 | $3.1M | Add +27.5% |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 3,379,000 | $3.0M | Reduce -11.4% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 3,393,000 | $2.9M | Reduce -19.3% |
| SABRE GLBL INC (SABHLD 7.32 08/01/26) | NOTE 7.320% 8/0 · principal | 2,643,000 | $2.8M | Add +130.6% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 2,816,000 | $2.8M | New |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 2,522,500 | $2.4M | Add +3.3% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 2,401,650 | $2.4M | New |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 2,393,000 | $2.4M | Reduce -29.9% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 2,075,000 | $2.3M | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 2,358,000 | $2.3M | Reduce -1.8% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 2,434,000 | $2.3M | Add +107.0% |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 2,397,000 | $2.2M | Add +9.9% |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 2,035,000 | $2.2M | Reduce -19.7% |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 2,099,000 | $2.0M | Reduce -45.0% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 2,096,000 | $2.0M | Reduce -35.9% |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 2,034,000 | $2.0M | New |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 2,061,000 | $2.0M | Reduce -42.5% |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 1,639,247 | $1.9M | Add +8.2% |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 2,081,000 | $1.8M | Add +90.7% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 1,910,300 | $1.8M | Add +30.7% |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 2,457,000 | $1.8M | Add +53.1% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 1,850,000 | $1.8M | Reduce -9.6% |
| SNAP INC (SNAP 0.25 05/01/25) | NOTE 0.250% 5/0 · principal | 1,759,000 | $1.8M | New |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | 1,685,000 | $1.7M | New |
| GROUPON INC (GRPN 1.125 03/15/26) | NOTE 1.125% 3/1 · principal | 1,650,000 | $1.6M | Add +50.0% |
| MAGNITE INC (MGNI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,597,000 | $1.5M | No change |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 1,560,000 | $1.5M | New |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | 1,565,000 | $1.5M | Add +91.3% |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 1,730,000 | $1.4M | Reduce -26.0% |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 1,644,000 | $1.4M | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 1,426,000 | $1.4M | Reduce -66.6% |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 1,318,000 | $1.2M | New |
| EZCORP INC (EZPW 2.375 05/01/25) | NOTE 2.375% 5/0 · principal | 1,181,000 | $1.2M | Reduce -35.3% |
| TRAVERE THERAPEUTICS INC (TVTX 2.5 09/15/25) | NOTE 2.500% 9/1 · principal | 1,040,000 | $1.0M | Add +122.7% |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 1,049,000 | $999K | No change |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 893,000 | $926K | Add +19.2% |
| NEOGENOMICS INC (NEO 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 924,000 | $925K | No change |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 906,000 | $921K | Reduce -24.4% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 934,000 | $906K | Reduce -1.8% |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 1,044,000 | $904K | Reduce -40.0% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 891,800 | $898K | New |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 837,000 | $794K | New |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 910,000 | $775K | New |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 608,000 | $726K | New |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 742,000 | $639K | Reduce -18.4% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 485,000 | $586K | No change |
| ESPERION THERAPEUTICS (ESPR 4 11/15/25) | NOTE 4.000%11/1 · principal | 585,000 | $584K | New |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 416,000 | $552K | Add +6.1% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 512,000 | $534K | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 368,000 | $490K | Reduce -27.8% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 393,000 | $454K | No change |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 372,000 | $445K | No change |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 434,000 | $423K | Reduce -50.3% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 327,000 | $420K | Reduce -23.6% |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 370,000 | $418K | Reduce -21.1% |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 390,000 | $406K | No change |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 425,000 | $406K | Reduce -41.6% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 376,000 | $399K | Add +7.4% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 299,000 | $364K | Reduce -41.7% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 382,000 | $356K | No change |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 259,000 | $328K | No change |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 367,000 | $322K | Reduce -41.5% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 320,000 | $322K | New |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 324,000 | $320K | Reduce -37.8% |
| CERENCE INC (CRNC 1.5 07/01/28) | NOTE 1.500% 7/0 · principal | 410,000 | $291K | New |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 220,000 | $286K | No change |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 246,000 | $260K | Reduce -65.3% |
| HEALTH CATALYST INC (HCAT 2.5 04/15/25) | NOTE 2.500% 4/1 · principal | 257,000 | $259K | No change |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 173,000 | $256K | Reduce -59.1% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 224,000 | $220K | Reduce -36.7% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 179,000 | $220K | No change |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 178,000 | $211K | No change |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 167,000 | $191K | Reduce -45.6% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 160,000 | $183K | No change |
| THE REALREAL INC (REAL 4 02/15/31) | DEBT 4.000% 2/1 · principal | 205,000 | $175K | New |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 140,000 | $162K | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 138,000 | $148K | Reduce -37.6% |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 135,000 | $142K | New |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 169,000 | $129K | Reduce -81.8% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 126,000 | $118K | Reduce -80.7% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 23 | $636 | No change |
Lines left out (6) · $87 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| BIV Vanguard Intermediate-Term B | INTERMED TERM | 0 | $35 |
| BIL SS SPDR BB 1-3M T-Bill ETF | ST STR BLO 1 ETF | 0 | $22 |
| HEFA Isha Curr Hedged MSCI Eafe | HDG MSCI EAFE | 0 | $13 |
| AGG iShares Core U.S. Aggregate | CORE US AGGBD ET | 0 | $8 |
| BSCQ Invesco Bulletshares 2026 CB | BULSHS 2026 CB | 0 | $6 |
| EAGG iShares ESG Aware US Aggrega | ESG AWR US AGRGT | 0 | $3 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $72.8B.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -1.0% | 3.18% | −0.83 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.6% | 1.07% | −0.23 |
| DLR Digital Realty Trust Inc. | Reduce -11.9% | 0.36% | −0.15 |
| VST Vistra Corp. | Reduce -66.3% | 0.05% | −0.13 |
| ACN Accenture PLC Class A | Reduce -18.8% | 0.30% | −0.12 |
| APP AppLovin Corp. Class A | Reduce -43.9% | 0.08% | −0.10 |
| ORCL Oracle Corp. | Reduce -6.6% | 0.33% | −0.09 |
| GM General Motors Co. | Reduce -20.1% | 0.16% | −0.07 |
| ALLE Allegion PLC | Reduce -44.7% | 0.08% | −0.07 |
| IRM Iron Mountain Inc. | Reduce -4.6% | 0.21% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -65.5% | 0.02% | −0.06 |
| AMD Advanced Micro Devices | Reduce -20.7% | 0.11% | −0.05 |
| ZTS Zoetis Inc. | Reduce -43.4% | 0.07% | −0.05 |
| EIX Edison International | Reduce -18.0% | 0.08% | −0.05 |
| NTAP Netapp Inc. | Reduce -29.3% | 0.06% | −0.05 |
| HOOD Robinhood Markets Inc. Class A | Reduce -83.5% | 0.01% | −0.05 |
| ADM Archer-Daniels-Midland Co. | Reduce -51.1% | 0.04% | −0.05 |
| SYF Synchrony Financial | Reduce -24.0% | 0.07% | −0.05 |
| GEV GE Vernova Inc. | Reduce -37.8% | 0.06% | −0.04 |
| LAD Lithia Motors Inc. | Reduce -66.6% | 0.02% | −0.04 |
| LEN Lennar Corp. Class A | Reduce -29.9% | 0.06% | −0.04 |
| SLG SL Green Realty Corp. | Reduce -54.3% | 0.03% | −0.04 |
| FRT Federal Realty Invs Trust | Reduce -42.0% | 0.04% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -3.8% | 0.15% | −0.04 |
| CTRE Caretrust REIT Inc. | Reduce -61.6% | 0.03% | −0.04 |
| VGT Vanguard Info Tech ETF | Reduce -7.8% | 0.16% | −0.04 |
| AMAT Applied Materials Inc. | Reduce -9.8% | 0.15% | −0.04 |
| F Ford Motor Co. | Reduce -47.0% | 0.04% | −0.04 |
| MMYT Makemytrip Ltd. | Reduce -54.7% | 0.02% | −0.03 |
| LNG Cheniere Energy Inc. | Reduce -21.8% | 0.18% | −0.03 |
| NVR NVR Inc. | Reduce -29.8% | 0.06% | −0.03 |
| DD Dupont DE Nemours Inc. | Reduce -40.4% | 0.05% | −0.03 |
| ELS Equity Lifestyle Properties | Reduce -46.6% | 0.04% | −0.03 |
| ENB Enbridge Inc. | Reduce -19.0% | 0.18% | −0.03 |
| EPAM Epam Systems Inc. | Reduce -36.4% | 0.03% | −0.03 |
| YUMC Yum China Holdings Inc. | Reduce -63.3% | 0.02% | −0.03 |
| DBX Dropbox Inc. Class A | Reduce -23.1% | 0.07% | −0.03 |
| CSX CSX Corp. | Reduce -20.7% | 0.08% | −0.03 |
| KKR KKR & Co. Inc. | Reduce -37.0% | 0.03% | −0.03 |
| AVB Avalonbay Communities Inc. | Reduce -12.0% | 0.18% | −0.03 |
| CTAS Cintas Corp. | Reduce -34.9% | 0.08% | −0.03 |
| DHI D.R. Horton Inc. | Reduce -17.6% | 0.09% | −0.03 |
| AXP American Express Co. | Reduce -2.1% | 0.22% | −0.03 |
| SWKS Skyworks Solutions Inc. | Reduce -10.3% | 0.06% | −0.03 |
| ARGX Argenx SE - ADR | Reduce -84.2% | 0.01% | −0.03 |
| HD Home Depot Inc. | Reduce -2.5% | 0.30% | −0.03 |
| ALL Allstate Corp. | Reduce -16.9% | 0.23% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -9.5% | 0.75% | −0.03 |
| GTLS Chart Industries Inc. | Reduce -73.2% | 0.01% | −0.03 |
| ADI Analog Devices Inc. | Reduce -17.8% | 0.10% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| MA Mastercard Inc. Class A | Add +11.2% | 1.40% | +0.18 |
| V Visa Inc. Class A | Add +13.9% | 0.87% | +0.18 |
| WELL Welltower Inc. | Add +0.1% | 0.74% | +0.13 |
| CVS CVS Health Corp. | Add +8.8% | 0.32% | +0.13 |
| JNJ Johnson & Johnson | Add +6.8% | 0.59% | +0.11 |
| ORLY O'reilly Automotive Inc. | Add +50.2% | 0.23% | +0.10 |
| GE General Electric | Add +69.9% | 0.20% | +0.10 |
| VRTX Vertex Pharmaceuticals Inc. | Add +41.0% | 0.23% | +0.09 |
| UBS UBS Group AG-Reg | Add +38.6% | 0.33% | +0.09 |
| LIN Linde PLC | Add +8.8% | 0.48% | +0.08 |
| AU Anglogold Ashanti PLC | Add +2.4% | 0.21% | +0.08 |
| AZO AutoZone Inc. | Add +5.3% | 0.40% | +0.08 |
| SCHW Schwab (charles) Corp. | Add +73.4% | 0.18% | +0.08 |
| ELV Elevance Health Inc. | Add +9.2% | 0.35% | +0.08 |
| PG The Procter & Gamble Co. | Add +15.3% | 0.51% | +0.07 |
| SPOT Spotify Technology SA | Add +4.7% | 0.33% | +0.07 |
| MAA Mid-America Apartment Comm | Add +59.7% | 0.17% | +0.07 |
| CSCO Cisco Systems Inc. | Add +15.5% | 0.41% | +0.07 |
| ICE Intercontinental Exchange Inc. | Add +58.6% | 0.15% | +0.07 |
| GILD Gilead Sciences Inc. | Add +25.1% | 0.19% | +0.07 |
| IDXX Idexx Laboratories Inc. | Add +158.6% | 0.11% | +0.07 |
| VICI Vici Properties Inc. | Add +37.2% | 0.18% | +0.06 |
| CCI Crown Castle Inc. | Add +24.5% | 0.21% | +0.06 |
| MCK McKesson Corp. | Add +8.1% | 0.29% | +0.06 |
| DUK Duke Energy Corp. | Add +31.3% | 0.19% | +0.06 |
| XOM Exxon Mobil Corp. | Add +3.2% | 0.48% | +0.06 |
| TCOM Trip.com Group Ltd.-ADR | Add +48.7% | 0.21% | +0.06 |
| AIG American International Group | Add +44.8% | 0.14% | +0.06 |
| USMV iShares MSCI USA Min Vol Fac | Add +400.2% | 0.07% | +0.06 |
| MO Altria Group Inc. | Add +81.9% | 0.10% | +0.05 |
| CVX Chevron Corp. | Add +9.0% | 0.26% | +0.05 |
| SE Sea Ltd.-ADR | Add +32.4% | 0.14% | +0.05 |
| VZ Verizon Communications Inc. | Add +13.9% | 0.23% | +0.05 |
| AMT American Tower Corp. | Add +3.9% | 0.27% | +0.05 |
| AMH American Homes 4 Rent- A | Add +80.0% | 0.11% | +0.05 |
| FTNT Fortinet Inc. | Add +50.8% | 0.14% | +0.05 |
| EPR Epr Properties | Add +378.0% | 0.06% | +0.05 |
| SUI Sun Communities Inc. | Add +25.7% | 0.21% | +0.05 |
| BSX Boston Scientific Corp. | Add +20.6% | 0.18% | +0.05 |
| WCN Waste Connections Inc. | Add +104.4% | 0.08% | +0.05 |
| EXR Extra Space Storage Inc. | Add +42.3% | 0.16% | +0.05 |
| CPRT Copart Inc. | Add +52.9% | 0.13% | +0.04 |
| NOC Northrop Grumman Corp. | Add +19.1% | 0.20% | +0.04 |
| TYL Tyler Technologies Inc. | Add +278.1% | 0.06% | +0.04 |
| B Barrick Gold Corp. | Add +34.0% | 0.11% | +0.04 |
| VEEV Veeva Systems Inc. Class A | Add +56.3% | 0.10% | +0.04 |
| BMY Bristol-Myers Squibb Co. | Add +10.4% | 0.27% | +0.04 |
| DDOG Datadog Inc. Class A | Add +188.1% | 0.08% | +0.04 |
| DG Dollar General Corp. | Add +12.0% | 0.18% | +0.04 |
| STX Seagate Technology Holdings | Add +58.8% | 0.11% | +0.04 |
Notes & Other Activity Q4 2024 → Q1 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -3.5% | 5,515,000 | $6.8M |
| NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) | NOTE 7.500%10/1 · principal | Sold out | 6,082,000 | $6.3Mbefore exit |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Add +799.0% | 6,446,000 | $6.2M |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | Add +278.1% | 6,057,000 | $5.8M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Reduce -3.5% | 4,411,000 | $5.7M |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | Add +173.0% | 5,705,000 | $5.6M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Reduce -13.2% | 4,578,000 | $5.6M |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -5.1% | 3,796,700 | $5.6M |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | Add +336.2% | 6,146,000 | $5.4M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Add +58.1% | 5,663,000 | $5.3M |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | Add +51.3% | 5,258,000 | $5.2M |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | Add +50.8% | 4,977,000 | $4.9M |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | Add +165.3% | 4,881,000 | $4.9M |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | Add +9.9% | 4,342,000 | $4.9M |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | Add +393.7% | 5,144,000 | $4.9M |
| NATIONAL VISION HOLDINGS (EYE 2.5 05/15/25) | NOTE 2.500% 5/1 · principal | Add +158.1% | 4,822,000 | $4.9M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Reduce -12.0% | 5,789,400 | $4.7M |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | Add +1585.1% | 4,651,000 | $4.6M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Add +35.1% | 4,629,000 | $4.3M |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | Add +68.8% | 4,209,000 | $4.2M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | New | 3,389,000 | $4.1M |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | Add +73.8% | 4,148,000 | $4.0M |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Add +77.5% | 3,961,000 | $3.7M |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | Reduce -22.3% | 1,483,000 | $3.6M |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | Add +434.0% | 3,866,000 | $3.5M |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | New | 3,548,000 | $3.4M |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | New | 3,347,000 | $3.3M |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | Reduce -18.8% | 3,492,000 | $3.3M |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | Add +104.0% | 3,472,000 | $3.1M |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | Add +27.5% | 3,299,000 | $3.1M |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | Reduce -11.4% | 3,379,000 | $3.0M |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Reduce -19.3% | 3,393,000 | $2.9M |
| SABRE GLBL INC (SABHLD 7.32 08/01/26) | NOTE 7.320% 8/0 · principal | Add +130.6% | 2,643,000 | $2.8M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | New | 2,816,000 | $2.8M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Add +3.3% | 2,522,500 | $2.4M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | New | 2,401,650 | $2.4M |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Reduce -29.9% | 2,393,000 | $2.4M |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | Reduce -1.8% | 2,358,000 | $2.3M |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | Add +107.0% | 2,434,000 | $2.3M |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | Add +9.9% | 2,397,000 | $2.2M |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | Reduce -19.7% | 2,035,000 | $2.2M |
| EVENTBRITE INC (EB 0.75 09/15/26) | NOTE 0.750% 9/1 · principal | Sold out | 2,323,000 | $2.0Mbefore exit |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | Reduce -45.0% | 2,099,000 | $2.0M |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Reduce -35.9% | 2,096,000 | $2.0M |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | New | 2,034,000 | $2.0M |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | Reduce -42.5% | 2,061,000 | $2.0M |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Add +8.2% | 1,639,247 | $1.9M |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | Add +90.7% | 2,081,000 | $1.8M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Add +30.7% | 1,910,300 | $1.8M |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Add +53.1% | 2,457,000 | $1.8M |
Showing the first 50 of 123.
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 | 4,234 | $113.6B | NVDA, AAPL, MSFT, AMZN, GOOG |
| Q1 2026 | 4,102 | $92.8B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 4,032 | $91.5B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q3 2025 | 4,003 | $87.8B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 3,708 | $78.2B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2025 | 3,673 | $72.5B | MSFT, AAPL, NVDA, AMZN, META |
| Q4 2024 | 3,577 | $72.2B | MSFT, AAPL, NVDA, AMZN, META |
| Q3 2024 | 3,565 | $68.9B | MSFT, AAPL, NVDA, AMZN, META |
| Q2 2024 | 3,468 | $61.9B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2024 | 3,203 | $63.2B | MSFT, NVDA, AAPL, AMZN, META |