RWC Asset Management LLP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), RWC Asset Management LLP reported 118 stock positions worth $2.2 billion. Its top holding was Macy's (M) at 9.2% of the portfolio, followed by Comcast Class A (CMCSA, 7.9%) and HP (HPQ, 5.4%). Compared with Q4 2025, it opened 16 new positions, sold out of 7, added to 39 and reduced 40. The biggest buy was a new position in Comcast Class A (CMCSA) and the biggest sale an exit from Banco Santander-Chile-ADR (BSAC).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001520478
- Portfolio Value
- $2.2B (Q1 2026)
- SEC Filing
- 0001398344-26-007258 ↗ filed Apr 27, 2026
Holdings Value
Holdings 118 stocks · $2.2B
| M Macy's Inc. | 9.21% | 11,274,401 | $204.0M | Add +2.8% |
| CMCSA Comcast Corp. Class A | 7.85% | 6,057,552 | $173.9M | New |
| HPQ HP Inc. | 5.40% | 6,227,334 | $119.6M | Add +3.6% |
| KHC The Kraft Heinz Co. | 4.92% | 4,847,820 | $109.0M | New |
| EXC Exelon Corp. | 3.63% | 1,637,852 | $80.3M | Reduce -9.2% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 3.50% | 956,635 | $77.4M | Add +13.0% |
| LEA Lear Corp. | 3.49% | 637,581 | $77.2M | Add +8.1% |
| JNJ Johnson & Johnson | 2.84% | 257,155 | $62.9M | Reduce -3.5% |
| GFI Gold Fields Ltd.-Spons ADR | 2.73% | 1,332,371 | $60.5M | Reduce -0.3% |
| PBR Petroleo Brasileiro-Spon ADR | 2.46% | 2,627,538 | $54.5M | Add +431.1% |
| OMC Omnicom Group | 2.46% | 722,861 | $54.4M | Add +29.7% |
| BAX Baxter International Inc. | 2.34% | 3,077,569 | $51.7M | New |
| TAP Molson Coors Beverage Co. Class B | 2.30% | 1,182,587 | $50.9M | Add +7.1% |
| VIST Vista Energy Sab DE CV | 2.05% | 600,300 | $45.3M | Reduce -19.6% |
| SYY Sysco Corp. | 1.64% | 510,039 | $36.4M | Reduce -3.5% |
| GGAL Grupo Financiero Galicia-ADR | 1.58% | 747,876 | $34.9M | Reduce -8.4% |
| VALE Vale SA-SP ADR | 1.57% | 2,185,070 | $34.8M | Reduce -12.6% |
| NEE Nextera Energy Inc. | 1.53% | 365,358 | $33.9M | Reduce -1.8% |
| AMT American Tower Corp. | 1.51% | 194,019 | $33.5M | Reduce -3.5% |
| CMS CMS Energy Corp. | 1.49% | 424,309 | $32.9M | Reduce -3.5% |
| KDP Keurig Dr Pepper Inc. | 1.46% | 1,225,366 | $32.3M | Reduce -3.5% |
| CEG Constellation Energy | 1.38% | 109,232 | $30.5M | Add +20.7% |
| ABEV Ambev SA-ADR | 1.36% | 10,338,909 | $30.2M | Reduce -3.5% |
| PAYX Paychex Inc. | 1.35% | 323,416 | $29.8M | Reduce -3.5% |
| PM Philip Morris International | 1.30% | 174,315 | $28.8M | Reduce -3.5% |
| D Dominion Energy Inc. | 1.24% | 442,308 | $27.3M | Add +1.4% |
| PEP Pepsico Inc. | 1.18% | 167,681 | $26.0M | Reduce -3.5% |
| MRK Merck & Co. Inc. | 1.11% | 205,090 | $24.7M | Reduce -3.5% |
| WMB Williams Cos Inc. | 1.06% | 320,977 | $23.4M | New |
| BRX Brixmor Property Group Inc. | 1.05% | 810,974 | $23.4M | Reduce -3.5% |
| PEG Public Service Enterprise GP | 1.02% | 278,382 | $22.5M | Add +2.3% |
| LOMA Loma Negra Cia Ind-Spon ADR | 0.98% | 1,965,612 | $21.8M | No change |
| EMBJ Embraer SA-Spon ADR | 0.89% | 332,460 | $19.7M | Add +1.6% |
| DVN Devon Energy Corp. | 0.88% | 388,298 | $19.5M | Add +95.7% |
| CWEN Clearway Energy Inc. Class C | 0.85% | 478,956 | $18.8M | Reduce -9.0% |
| MELI MercadoLibre Inc. | 0.85% | 10,844 | $18.7M | Add +8.2% |
| FRT Federal Realty Invs Trust | 0.83% | 172,087 | $18.3M | Reduce -3.5% |
| TEL Te Connectivity PLC | 0.77% | 81,442 | $17.0M | Add +17.7% |
| HUBB Hubbell Inc. | 0.71% | 32,159 | $15.8M | Reduce -3.2% |
| PCG P G & E Corp. | 0.71% | 896,669 | $15.8M | No change |
| EPAM Epam Systems Inc. | 0.71% | 116,095 | $15.7M | Add +49.7% |
| VSNT Versant Media Group Inc. | 0.70% | 416,499 | $15.4M | New |
| CHRD Chord Energy Corp. | 0.69% | 106,817 | $15.2M | New |
| DAL Delta Air Lines Inc. | 0.69% | 228,358 | $15.2M | Add +60.7% |
| TEO Telecom Argentina SA-SP ADR | 0.68% | 1,283,033 | $15.0M | Add +27.1% |
| AQN Algonquin Power & Utilities | 0.62% | 2,231,500 | $13.7M | Reduce -4.3% |
| SYF Synchrony Financial | 0.56% | 183,121 | $12.5M | Add +60.7% |
| BZ Kanzhun Ltd. - ADR | 0.52% | 856,154 | $11.5M | Add +87.8% |
| ORA Ormat Technologies Inc. | 0.50% | 99,433 | $11.1M | Add +1.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.50% | 32,928 | $11.1M | New |
| XEL Xcel Energy Inc. | 0.48% | 134,565 | $10.7M | Reduce -0.7% |
| SO The Southern Co. | 0.48% | 109,352 | $10.6M | Reduce -0.6% |
| SUPV Grupo Supervielle SA-SP ADR | 0.47% | 1,112,069 | $10.5M | Reduce -5.7% |
| AVA Avista Corp. | 0.46% | 255,371 | $10.3M | Add +2.3% |
| BABA Alibaba Group Holding-SP ADR | 0.46% | 81,003 | $10.2M | Reduce -42.5% |
| TECK Teck Resources Ltd.-CLS B | 0.44% | 190,120 | $9.8M | Reduce -10.9% |
| OC Owens Corning | 0.43% | 87,079 | $9.4M | New |
| VST Vistra Corp. | 0.39% | 57,290 | $8.6M | Reduce -0.7% |
| AEP American Electric Power | 0.38% | 64,425 | $8.4M | Reduce -0.5% |
| TLN Talen Energy Corp. | 0.37% | 25,518 | $8.1M | Add +4.0% |
| ES Eversource Energy | 0.36% | 114,540 | $7.9M | Reduce -0.6% |
| DTE DTE Energy Company | 0.34% | 51,210 | $7.5M | Reduce -24.4% |
| AES AES Corp. | 0.30% | 470,841 | $6.6M | Reduce -0.6% |
| AEE Ameren Corporation | 0.30% | 60,309 | $6.6M | Reduce -0.5% |
| RUN Sunrun Inc. | 0.25% | 415,562 | $5.6M | Add +4.3% |
| JXN Jackson Financial Inc. Class A | 0.25% | 53,221 | $5.6M | Add +6.4% |
| AWK American Water Works Co. Inc. | 0.25% | 39,984 | $5.4M | Reduce -0.5% |
| LNT Alliant Energy Corp. | 0.22% | 67,378 | $4.8M | Reduce -13.4% |
| WM Waste Management Inc. | 0.21% | 19,915 | $4.6M | Reduce -28.5% |
| HSLV Highlander Silver Corp. | 0.18% | 692,334 | $4.0M | New |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 0.16% | 77,205 | $3.6M | Add +28.1% |
| IRS Irsa -SP ADR filed as IRSA INVERSIONES Y REP S A | 0.11% | 155,815 | $2.5M | No change |
| CAAP Corp. America Airports SA filed as CORPORACION AMER ARPTS S A | 0.09% | 75,387 | $1.9M | No change |
| VEON Veon Ltd. | 0.08% | 38,040 | $1.8M | No change |
| AERO Grupo Aeromexico Sab DE CV | 0.08% | 124,350 | $1.7M | No change |
| VZ Verizon Communications Inc. | 0.05% | 22,465 | $1.1M | Reduce -1.3% |
| SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI | 0.04% | 30,169 | $920K | Add +6.8% |
| RSG Republic Services Inc. | 0.04% | 3,882 | $850K | Add +63.0% |
| KOS Kosmos Energy Ltd. | 0.04% | 292,513 | $813K | New |
| PL Planet Labs PBC | 0.03% | 26,607 | $744K | Reduce -23.3% |
| LLY Eli Lilly & Co. | 0.03% | 772 | $710K | Add +2.4% |
| ABBV Abbvie Inc. | 0.03% | 3,126 | $680K | Add +62.7% |
| XYL Xylem Inc. | 0.03% | 5,425 | $648K | No change |
| WTS Watts Water Technologies-A | 0.03% | 2,232 | $648K | No change |
| CLH Clean Harbors Inc. | 0.03% | 2,237 | $641K | Add +5.0% |
| TRMB Trimble Inc. | 0.03% | 9,493 | $619K | No change |
| MWA Mueller Water Products Inc. Class A | 0.03% | 22,513 | $619K | No change |
| ECL Ecolab Inc. | 0.03% | 2,194 | $584K | No change |
| ITRI Itron Inc. | 0.03% | 6,263 | $561K | Add +24.4% |
| WMS Advanced Drainage Systems Inc. | 0.02% | 3,234 | $443K | No change |
| DE Deere & Co. | 0.02% | 750 | $422K | No change |
| BALL Ball Corp. | 0.02% | 7,033 | $416K | No change |
| SYRE Spyre Therapeutics Inc. | 0.02% | 8,166 | $412K | New |
| DNTH Dianthus Therapeutics Inc. | 0.02% | 4,646 | $390K | New |
| VMI Valmont Industries | 0.02% | 931 | $372K | No change |
| TTEK Tetra Tech Inc. | 0.02% | 12,253 | $369K | No change |
| GH Guardant Health Inc. | 0.02% | 3,866 | $357K | Add +2.4% |
| TMO Thermo Fisher Scientific Inc. | 0.02% | 718 | $353K | Add +2.4% |
| ACM Aecom | 0.02% | 4,069 | $345K | No change |
| STKL Sunopta Inc. | 0.01% | 47,163 | $306K | No change |
Other holdings (45): bonds, preferreds, convertibles and warrants · $185.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 17,142,000 | $19.6M | Reduce -5.8% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 8,800,000 | $10.9M | Reduce -12.0% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 10,525,000 | $10.5M | Reduce -2.0% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 8,197,000 | $9.9M | Add +241.5% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 8,350,000 | $8.3M | Reduce -10.7% |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 7,100,000 | $7.9M | Reduce -38.9% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 8,165,000 | $7.6M | Reduce -11.8% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 6,620,000 | $7.5M | No change |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 6,822,000 | $7.3M | Add +4.4% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 6,098,000 | $7.2M | Add +1.7% |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 5,968,000 | $6.5M | Add +224.0% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 4,614,000 | $6.4M | Reduce -6.2% |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 6,725,000 | $5.9M | Reduce -13.2% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 4,760,000 | $5.6M | Reduce -27.4% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 4,500,000 | $5.3M | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | 3,100,000 | $4.4M | Reduce -8.8% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 3,990,000 | $4.1M | Reduce -13.9% |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | 3,660,000 | $4.0M | Reduce -2.7% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 3,997,000 | $3.9M | Add +60.1% |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 3,291,000 | $3.7M | Add +120.7% |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 3,473,000 | $3.6M | Reduce -29.8% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 2,643,000 | $3.4M | Reduce -5.5% |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 2,490,000 | $2.8M | Reduce -49.2% |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | 2,516,000 | $2.4M | Reduce -13.7% |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | 1,486,000 | $1.9M | Reduce -17.0% |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 1,812,000 | $1.8M | Add +0.3% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 1,465,000 | $1.8M | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 1,627,000 | $1.7M | Add +44.0% |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 1,473,000 | $1.6M | New |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 1,165,000 | $1.4M | Reduce -0.4% |
| ARROWHEAD RESEARCH CORP (ARWR 0 01/15/32) | NOTE 1/1 · principal | 1,379,000 | $1.4M | New |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | 1,170,000 | $1.3M | New |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 1,257,000 | $1.3M | No change |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 1,255,000 | $1.2M | Add +109.2% |
| SYNAPTICS INC (SYNA 0.75 12/01/31) | NOTE 0.750%12/0 · principal | 1,251,000 | $1.2M | New |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | 1,200,000 | $1.2M | Add +33.3% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 1,060,000 | $1.2M | Reduce -32.0% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 1,170,000 | $1.1M | Reduce -1.9% |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | 1,206,000 | $1.1M | Reduce -20.2% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 1,070,000 | $1.1M | Reduce -15.8% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 958,000 | $1.1M | No change |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 1,090,000 | $1.1M | Reduce -0.9% |
| JOBY AVIATION INC (JOBY 0.75 02/15/32) | NOTE 0.750% 2/1 · principal | 1,276,000 | $1.1M | New |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | 356,000 | $347K | New |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 200,000 | $243K | No change |
Total filed on the 13F, all lines: $2.4B.
Portfolio Sells Q4 2025 → Q1 2026
| BSAC Banco Santander-Chile-ADR | Sold out | 0.00% | −1.40 |
| GGAL Grupo Financiero Galicia-ADR | Reduce -8.4% | 1.58% | −0.89 |
| EXC Exelon Corp. | Reduce -9.2% | 3.63% | −0.77 |
| PAYX Paychex Inc. | Reduce -3.5% | 1.35% | −0.76 |
| BABA Alibaba Group Holding-SP ADR | Reduce -42.5% | 0.46% | −0.70 |
| FSLR First Solar Inc. | Sold out | 0.00% | −0.61 |
| SYY Sysco Corp. | Reduce -3.5% | 1.64% | −0.54 |
| KDP Keurig Dr Pepper Inc. | Reduce -3.5% | 1.46% | −0.53 |
| GFI Gold Fields Ltd.-Spons ADR | Reduce -0.3% | 2.73% | −0.53 |
| AMT American Tower Corp. | Reduce -3.5% | 1.51% | −0.46 |
| DINO HF Sinclair Corp. | Sold out | 0.00% | −0.42 |
| PM Philip Morris International | Reduce -3.5% | 1.30% | −0.32 |
| SUPV Grupo Supervielle SA-SP ADR | Reduce -5.7% | 0.47% | −0.31 |
| VALE Vale SA-SP ADR | Reduce -12.6% | 1.57% | −0.25 |
| JNJ Johnson & Johnson | Reduce -3.5% | 2.84% | −0.25 |
| CMS CMS Energy Corp. | Reduce -3.5% | 1.49% | −0.23 |
| PEP Pepsico Inc. | Reduce -3.5% | 1.18% | −0.22 |
| AQN Algonquin Power & Utilities | Reduce -4.3% | 0.62% | −0.18 |
| FRT Federal Realty Invs Trust | Reduce -3.5% | 0.83% | −0.18 |
| BRX Brixmor Property Group Inc. | Reduce -3.5% | 1.05% | −0.18 |
| DTE DTE Energy Company | Reduce -24.4% | 0.34% | −0.15 |
| NEE Nextera Energy Inc. | Reduce -1.8% | 1.53% | −0.14 |
| MRK Merck & Co. Inc. | Reduce -3.5% | 1.11% | −0.14 |
| WM Waste Management Inc. | Reduce -28.5% | 0.21% | −0.14 |
| VST Vistra Corp. | Reduce -0.7% | 0.39% | −0.13 |
| CWEN Clearway Energy Inc. Class C | Reduce -9.0% | 0.85% | −0.13 |
| TECK Teck Resources Ltd.-CLS B | Reduce -10.9% | 0.44% | −0.13 |
| ABEV Ambev SA-ADR | Reduce -3.5% | 1.36% | −0.12 |
| HUBB Hubbell Inc. | Reduce -3.2% | 0.71% | −0.11 |
| AES AES Corp. | Reduce -0.6% | 0.30% | −0.08 |
| XEL Xcel Energy Inc. | Reduce -0.7% | 0.48% | −0.08 |
| ES Eversource Energy | Reduce -0.6% | 0.36% | −0.08 |
| LNT Alliant Energy Corp. | Reduce -13.4% | 0.22% | −0.06 |
| SO The Southern Co. | Reduce -0.6% | 0.48% | −0.06 |
| AWK American Water Works Co. Inc. | Reduce -0.5% | 0.25% | −0.05 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.04 |
| AEE Ameren Corporation | Reduce -0.5% | 0.30% | −0.04 |
| AEP American Electric Power | Reduce -0.5% | 0.38% | −0.04 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.02 |
| IRTC Irhythm Holdings Inc. | Sold out | 0.00% | −0.01 |
| OCUL Ocular Therapeutix Inc. | Sold out | 0.00% | −0.01 |
| SRRK Scholar Rock Holding Corp. | Reduce -33.0% | 0.01% | −0.01 |
| HCA HCA Healthcare Inc. | Reduce -22.7% | 0.01% | −0.01 |
| PL Planet Labs PBC | Reduce -23.3% | 0.03% | −0.00 |
| MIRM Mirum Pharmaceuticals Inc. | Reduce -25.3% | 0.01% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -1.3% | 0.05% | −0.00 |
| VIST Vista Energy Sab DE CV | Reduce -19.6% | 2.05% | +0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| CMCSA Comcast Corp. Class A | New | 7.85% | +7.85 |
| KHC The Kraft Heinz Co. | New | 4.92% | +4.92 |
| BAX Baxter International Inc. | New | 2.34% | +2.34 |
| PBR Petroleo Brasileiro-Spon ADR | Add +431.1% | 2.46% | +2.13 |
| WMB Williams Cos Inc. | New | 1.06% | +1.06 |
| VSNT Versant Media Group Inc. | New | 0.70% | +0.70 |
| CHRD Chord Energy Corp. | New | 0.69% | +0.69 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.50% | +0.50 |
| DVN Devon Energy Corp. | Add +95.7% | 0.88% | +0.48 |
| OC Owens Corning | New | 0.43% | +0.43 |
| SQM Quimica Y Minera Chil-SP ADR | Add +13.0% | 3.50% | +0.24 |
| HSLV Highlander Silver Corp. | New | 0.18% | +0.18 |
| DAL Delta Air Lines Inc. | Add +60.7% | 0.69% | +0.13 |
| YPF YPF S.A.-Sponsored ADR | Add +28.1% | 0.16% | +0.04 |
| KOS Kosmos Energy Ltd. | New | 0.04% | +0.04 |
| SYF Synchrony Financial | Add +60.7% | 0.56% | +0.03 |
| TEO Telecom Argentina SA-SP ADR | Add +27.1% | 0.68% | +0.02 |
| SYRE Spyre Therapeutics Inc. | New | 0.02% | +0.02 |
| DNTH Dianthus Therapeutics Inc. | New | 0.02% | +0.02 |
| SM SM Energy Co. | New | 0.01% | +0.01 |
| RSG Republic Services Inc. | Add +63.0% | 0.04% | +0.01 |
| CGON CG Oncology Inc. | New | 0.01% | +0.01 |
| SIBN Si-Bone Inc. | New | 0.01% | +0.01 |
| ABBV Abbvie Inc. | Add +62.7% | 0.03% | +0.01 |
| LEG Leggett & Platt Inc. | New | 0.00% | +0.00 |
| SBS Cia Saneamento Basico DE-ADR | Add +6.8% | 0.04% | +0.00 |
| CLH Clean Harbors Inc. | Add +5.0% | 0.03% | +0.00 |
| GKOS Glaukos Corp. | Add +22.7% | 0.01% | −0.00 |
| ITRI Itron Inc. | Add +24.4% | 0.03% | −0.00 |
| BZ Kanzhun Ltd. - ADR | Add +87.8% | 0.52% | −0.00 |
| UNH Unitedhealth Group Inc. | Add +23.9% | 0.01% | −0.00 |
| ABT Abbott Laboratories | Add +2.4% | 0.01% | −0.00 |
| GH Guardant Health Inc. | Add +2.4% | 0.02% | −0.01 |
| IQV Iqvia Holdings Inc. | Add +2.4% | 0.01% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +2.4% | 0.02% | −0.01 |
| EYPT Eyepoint Inc. | Add +2.4% | 0.01% | −0.01 |
| BSX Boston Scientific Corp. | Add +2.4% | 0.01% | −0.01 |
| LLY Eli Lilly & Co. | Add +2.4% | 0.03% | −0.01 |
| JXN Jackson Financial Inc. Class A | Add +6.4% | 0.25% | −0.04 |
| OMC Omnicom Group | Add +29.7% | 2.46% | −0.06 |
| AVA Avista Corp. | Add +2.3% | 0.46% | −0.08 |
| ORA Ormat Technologies Inc. | Add +1.6% | 0.50% | −0.10 |
| TEL Te Connectivity PLC | Add +17.7% | 0.77% | −0.11 |
| TLN Talen Energy Corp. | Add +4.0% | 0.37% | −0.15 |
| RUN Sunrun Inc. | Add +4.3% | 0.25% | −0.16 |
| EPAM Epam Systems Inc. | Add +49.7% | 0.71% | −0.18 |
| D Dominion Energy Inc. | Add +1.4% | 1.24% | −0.20 |
| PEG Public Service Enterprise GP | Add +2.3% | 1.02% | −0.21 |
| MELI MercadoLibre Inc. | Add +8.2% | 0.85% | −0.28 |
| EMBJ Embraer SA-Spon ADR | Add +1.6% | 0.89% | −0.29 |
Notes & Other Activity Q4 2025 → Q1 2026
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Reduce -5.8% | 17,142,000 | $19.6M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | Reduce -12.0% | 8,800,000 | $10.9M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Sold out | 10,241,000 | $10.6Mbefore exit |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | Reduce -2.0% | 10,525,000 | $10.5M |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Sold out | 9,117,000 | $10.2Mbefore exit |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +241.5% | 8,197,000 | $9.9M |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | Reduce -10.7% | 8,350,000 | $8.3M |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | Reduce -38.9% | 7,100,000 | $7.9M |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Reduce -11.8% | 8,165,000 | $7.6M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Sold out | 7,080,000 | $7.4Mbefore exit |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +4.4% | 6,822,000 | $7.3M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Add +1.7% | 6,098,000 | $7.2M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | Add +224.0% | 5,968,000 | $6.5M |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Reduce -6.2% | 4,614,000 | $6.4M |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | Reduce -13.2% | 6,725,000 | $5.9M |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | Sold out | 5,607,000 | $5.8Mbefore exit |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Reduce -27.4% | 4,760,000 | $5.6M |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Sold out | 4,550,000 | $4.5Mbefore exit |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | Reduce -8.8% | 3,100,000 | $4.4M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Reduce -13.9% | 3,990,000 | $4.1M |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | Reduce -2.7% | 3,660,000 | $4.0M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | Add +60.1% | 3,997,000 | $3.9M |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | Add +120.7% | 3,291,000 | $3.7M |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | Reduce -29.8% | 3,473,000 | $3.6M |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | Sold out | 2,766,000 | $3.5Mbefore exit |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Reduce -5.5% | 2,643,000 | $3.4M |
| MARA HOLDINGS INC (MARA 0 03/01/30) | NOTE 3/0 · principal | Sold out | 3,870,000 | $3.1Mbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Sold out | 3,075,000 | $3.0Mbefore exit |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | Reduce -49.2% | 2,490,000 | $2.8M |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | Sold out | 2,858,000 | $2.7Mbefore exit |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Sold out | 2,683,000 | $2.7Mbefore exit |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 2,480,000 | $2.5Mbefore exit |
| UPSTART HOLDINGS INC (UPST 1 11/15/30) | NOTE 1.000%11/1 · principal | Sold out | 2,860,000 | $2.5Mbefore exit |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | Reduce -13.7% | 2,516,000 | $2.4M |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | Sold out | 2,084,000 | $2.3Mbefore exit |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | Sold out | 2,200,000 | $2.1Mbefore exit |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | Reduce -17.0% | 1,486,000 | $1.9M |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | Add +0.3% | 1,812,000 | $1.8M |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | Sold out | 1,652,000 | $1.7Mbefore exit |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Add +44.0% | 1,627,000 | $1.7M |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | New | 1,473,000 | $1.6M |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | Sold out | 1,412,000 | $1.5Mbefore exit |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Reduce -0.4% | 1,165,000 | $1.4M |
| ARROWHEAD RESEARCH CORP (ARWR 0 01/15/32) | NOTE 1/1 · principal | New | 1,379,000 | $1.4M |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Sold out | 970,000 | $1.4Mbefore exit |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | New | 1,170,000 | $1.3M |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Add +109.2% | 1,255,000 | $1.2M |
| SYNAPTICS INC (SYNA 0.75 12/01/31) | NOTE 0.750%12/0 · principal | New | 1,251,000 | $1.2M |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | Sold out | 1,265,000 | $1.2Mbefore exit |
| AEROVIRONMENT INC (AVAV 0 07/15/30) | NOTE 7/1 · principal | Add +33.3% | 1,200,000 | $1.2M |
Showing the first 50 of 57.
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 | 101 | $2.4B | M, SJM, KHC, CMCSA, HPQ |
| Q1 2026 | 118 | $2.2B | M, CMCSA, HPQ, KHC, EXC |
| Q4 2025 | 109 | $1.8B | M, HPQ, EXC, LEA, GFI |
| Q3 2025 | 117 | $1.8B | M, HPQ, EXC, LEA, CSCO |
| Q2 2025 | 102 | $1.6B | HPQ, M, EXC, CSCO, CEG |
| Q1 2025 | 85 | $1.6B | HPQ, EXC, M, B, CSCO |
| Q4 2024 | 89 | $1.7B | HPQ, EXC, CSCO, B, KDP |
| Q3 2024 | 69 | $1.4B | HPQ, CSCO, B, AMT, EXC |
| Q2 2024 | 54 | $1.2B | HPQ, CSCO, B, GFI, AMT |
| Q1 2024 | 57 | $1.3B | HPQ, QCOM, CSCO, B, GFI |