Soros Fund Management
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), George Soros's Soros Fund Management reported 146 stock positions worth $4.0 billion. Its top holding was Smurfit Westrock (SW) at 9.6% of the portfolio, followed by Alphabet Class A (GOOGL, 6.4%) and Astrazeneca PLC-Spons ADR (AZN, 5.2%). Compared with Q3 2024, it opened 68 new positions, sold out of 60, added to 36 and reduced 31. The biggest buy was a new position in iShares Russell 2000 ETF (IWM) and the biggest sale SS Financial Select Sector (XLF, shares −100%).
- Most Recent 13F
- Q2 2026
- Notable People
- George Soros
- Location
- NEW YORK, NY
- CIK
- 0001029160
- Portfolio Value
- $4.0B (Q4 2024)
- SEC Filing
- 0000902664-25-001069 ↗ filed Feb 14, 2025
Holdings Value
Holdings 146 stocks · $4.0B
| SW Smurfit Westrock PLC | 9.60% | 7,046,359 | $379.5M | Add +2.2% |
| GOOGL Alphabet Inc. Class A | 6.37% | 1,331,381 | $252.0M | Add +157.1% |
| AZN Astrazeneca PLC-Spons ADR | 5.23% | 3,155,801 | $206.8M | Add +19.0% |
| IWM iShares Russell 2000 ETF | 4.20% | 751,800 | $166.1M | New |
| GFL GFL Environmental Inc.-Sub VT | 3.61% | 3,203,904 | $142.7M | Add +1.5% |
| AER Aercap Holdings NV | 3.60% | 1,486,337 | $142.2M | Reduce -6.5% |
| CRM Salesforce Inc. | 2.51% | 297,420 | $99.4M | Add +90.2% |
| JD Jd.com Inc.-ADR | 2.40% | 2,736,320 | $94.9M | Add +0.2% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 2.15% | 300,000 | $85.2M | New |
| LBRDK Liberty Broadband-C | 2.12% | 1,119,893 | $83.7M | No change |
| AMZN Amazon.com Inc. | 1.84% | 332,201 | $72.9M | Add +18.6% |
| BABA Alibaba Group Holding-SP ADR | 1.82% | 850,000 | $72.1M | Reduce -34.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.75% | 118,000 | $69.2M | New |
| ACN Accenture PLC Class A | 1.64% | 184,795 | $65.0M | Add +143.6% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.54% | 570,000 | $60.9M | New |
| KWEB Kranesh Csi China Internet | 1.41% | 1,900,404 | $55.6M | New |
| ULS Ul Solutions Inc. Class A | 1.39% | 1,100,000 | $54.9M | Reduce -3.3% |
| UBER Uber Technologies Inc. | 1.38% | 903,885 | $54.5M | Add +44.1% |
| CYBR Cyberark Software Ltd./Israel | 1.18% | 140,318 | $46.7M | New |
| SYF Synchrony Financial | 1.16% | 707,338 | $46.0M | Reduce -14.1% |
| CRH CRH PLC | 1.16% | 493,989 | $45.7M | Reduce -15.9% |
| J Jacobs Solutions Inc. | 1.01% | 298,568 | $39.9M | Reduce -40.4% |
| VIK Viking Holdings Ltd. | 1.00% | 900,000 | $39.7M | Add +20.0% |
| UNH Unitedhealth Group Inc. | 1.00% | 77,913 | $39.4M | New |
| IBKR Interactive Brokers Gro Class A | 0.99% | 222,675 | $39.3M | Add +32.2% |
| FLUT Flutter Entertainment PLC-Di | 0.99% | 150,833 | $39.0M | Add +31.5% |
| NDAQ Nasdaq Inc. | 0.98% | 500,000 | $38.7M | No change |
| FSLR First Solar Inc. | 0.97% | 216,642 | $38.2M | New |
| OS Onestream Inc. | 0.90% | 1,250,000 | $35.6M | Add +25.0% |
| ITRI Itron Inc. | 0.84% | 305,000 | $33.1M | Add +10.9% |
| VTR Ventas Inc. | 0.82% | 550,000 | $32.4M | New |
| INSM Insmed Inc. | 0.79% | 455,089 | $31.4M | Reduce -4.9% |
| SARO Standardaero Inc. | 0.77% | 1,232,825 | $30.5M | New |
| DHR Danaher Corp. | 0.76% | 130,472 | $29.9M | New |
| SRPT Sarepta Therapeutics Inc. | 0.71% | 230,893 | $28.1M | Add +11.8% |
| EXAS Exact Sciences Corp. | 0.71% | 496,938 | $27.9M | Add +31.3% |
| DDOG Datadog Inc. Class A | 0.69% | 192,190 | $27.5M | Add +14.3% |
| NBIX Neurocrine Biosciences Inc. | 0.69% | 200,000 | $27.3M | Add +33.3% |
| VLY Valley National Bancorp | 0.69% | 3,000,000 | $27.2M | New |
| LLY Eli Lilly & Co. | 0.66% | 33,639 | $26.0M | New |
| DASH DoorDash Inc. Class A | 0.66% | 154,412 | $25.9M | Reduce -21.6% |
| MUB iShares National Muni Bond E | 0.65% | 241,400 | $25.7M | No change |
| ONB Old National Bancorp | 0.61% | 1,114,502 | $24.2M | New |
| CG The Carlyle Group Inc. | 0.59% | 459,585 | $23.2M | New |
| CSX CSX Corp. | 0.58% | 706,000 | $22.8M | Reduce -23.9% |
| DHI D.R. Horton Inc. | 0.57% | 162,408 | $22.7M | Reduce -18.2% |
| MSFT Microsoft Corp. | 0.57% | 53,287 | $22.5M | New |
| AUB Atlantic Union Bankshares Co. | 0.55% | 575,846 | $21.8M | New |
| SWTX Springworks Therapeutics Inc. | 0.55% | 600,470 | $21.7M | Add +7.4% |
| ATI Ati Inc. | 0.54% | 391,501 | $21.5M | Add +98.3% |
| TEAM Atlassian Corp. Class A | 0.53% | 86,160 | $21.0M | Reduce -33.8% |
| COO The Cooper Cos Inc. | 0.53% | 225,930 | $20.8M | Add +29.1% |
| VFH Vanguard Financials ETF | 0.52% | 174,588 | $20.6M | No change |
| CRBG Corebridge Financial Inc. | 0.50% | 664,095 | $19.9M | Add +16.3% |
| CP Canadian Pacific Kansas City | 0.50% | 273,711 | $19.8M | Add +66.5% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.50% | 354,686 | $19.7M | Reduce -44.8% |
| GLW Corning Inc. | 0.49% | 405,000 | $19.2M | New |
| MCHP Microchip Technology Inc. | 0.48% | 328,900 | $18.9M | Add +6.1% |
| EW Edwards Lifesciences Corp. | 0.47% | 250,000 | $18.5M | Reduce -16.7% |
| BGC BGC Group Inc. Class A | 0.46% | 2,008,211 | $18.2M | Reduce -0.9% |
| LOAR Loar Holdings Inc. | 0.42% | 225,000 | $16.6M | Add +12.5% |
| RUN Sunrun Inc. | 0.39% | 1,675,798 | $15.5M | Add +1994.8% |
| AS Amer Sports Inc. | 0.39% | 550,000 | $15.4M | New |
| ADC Agree Realty Corp. | 0.38% | 215,000 | $15.1M | New |
| LEU Centrus Energy Corp. Class A | 0.37% | 222,500 | $14.8M | New |
| KEY Keycorp | 0.36% | 826,400 | $14.2M | No change |
| TECK Teck Resources Ltd.-CLS B | 0.36% | 347,171 | $14.1M | Add +8.0% |
| ALL Allstate Corp. | 0.35% | 71,370 | $13.8M | Reduce -11.9% |
| PRVA Privia Health Group Inc. | 0.35% | 700,000 | $13.7M | Reduce -6.7% |
| NBIS Nebius Group NV | 0.34% | 485,117 | $13.4M | New |
| SNOW Snowflake Inc. | 0.33% | 83,700 | $12.9M | Add +2228.9% |
| PONY Pony AI Inc. | 0.32% | 886,262 | $12.7M | New |
| NKE Nike Inc. Class B | 0.31% | 162,320 | $12.3M | Add +32.7% |
| EOLS Evolus Inc. | 0.31% | 1,100,000 | $12.1M | Add +29.4% |
| ALK Alaska Air Group Inc. | 0.29% | 175,808 | $11.4M | New |
| GS Goldman Sachs Group Inc. | 0.28% | 19,450 | $11.1M | No change |
| FCNCA First Citizens Bcshs Class A | 0.27% | 4,976 | $10.5M | Reduce -2.2% |
| BKNG Booking Holdings Inc. | 0.26% | 2,092 | $10.4M | Reduce -65.8% |
| ORA Ormat Technologies Inc. | 0.26% | 150,000 | $10.2M | New |
| XHB SS SPDR S&P Homebldrs ETF | 0.25% | 95,100 | $9.9M | New |
| SNY Sanofi-ADR | 0.24% | 200,000 | $9.6M | Reduce -50.0% |
| ASB Associated Banc-Corp. | 0.24% | 400,000 | $9.6M | New |
| XLB SS Materials Select Sector | 0.24% | 113,231 | $9.5M | New |
| BA The Boeing Co. | 0.24% | 53,818 | $9.5M | Add +95.6% |
| CTRE Caretrust REIT Inc. | 0.24% | 350,000 | $9.5M | New |
| WAY Waystar Holding Corp. | 0.23% | 250,000 | $9.2M | New |
| AAMI Acadian Asset Management Inc. filed as BRIGHTSPHERE INVT GROUP INC | 0.23% | 346,293 | $9.1M | No change |
| BSX Boston Scientific Corp. | 0.23% | 100,000 | $8.9M | Reduce -71.4% |
| RSP Invesco S&P 500 Equal Weight | 0.22% | 50,508 | $8.9M | New |
| TLT iShares 20+ Year Treasury BD | 0.22% | 100,000 | $8.7M | New |
| WULF Terawulf Inc. | 0.22% | 1,525,000 | $8.6M | New |
| FDX FedEx Corp. | 0.21% | 29,473 | $8.3M | New |
| PENN Penn Entertainment Inc. | 0.21% | 413,416 | $8.2M | New |
| NOW ServiceNow Inc. | 0.21% | 7,685 | $8.1M | Reduce -62.6% |
| RNR Renaissancere Holdings Ltd. | 0.20% | 32,110 | $8.0M | Reduce -56.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.20% | 40,169 | $7.9M | New |
| RPD RAPID7 Inc. | 0.19% | 189,691 | $7.6M | Add +8.4% |
| EXC Exelon Corp. | 0.19% | 200,000 | $7.5M | New |
| TDY Teledyne Technologies Inc. | 0.18% | 15,706 | $7.3M | Reduce -12.7% |
| CME Cme Group Inc. | 0.18% | 30,028 | $7.0M | No change |
| AIG American International Group | 0.17% | 90,800 | $6.6M | Reduce -23.3% |
| INFA Informatica Inc. Class A | 0.16% | 250,000 | $6.5M | New |
| IEX Idex Corp. | 0.16% | 30,558 | $6.4M | New |
| APLD Applied Digital Corp. | 0.16% | 830,000 | $6.3M | New |
| SMTC Semtech Corp. | 0.16% | 100,000 | $6.2M | New |
| DAR Darling Ingredients Inc. | 0.16% | 182,930 | $6.2M | Reduce -52.8% |
| SRE Sempra | 0.16% | 70,000 | $6.1M | New |
| LAZ Lazard Inc. | 0.15% | 115,700 | $6.0M | Add +48.9% |
| SYRE Spyre Therapeutics Inc. | 0.15% | 250,000 | $5.8M | Add +72.4% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.14% | 154,531 | $5.6M | New |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.14% | 153,282 | $5.6M | New |
| AUR Aurora Innovation Inc. | 0.14% | 868,026 | $5.5M | Reduce -76.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.14% | 72,000 | $5.4M | New |
| GL Globe Life Inc. | 0.14% | 48,000 | $5.4M | New |
| IYR iShares US Real Estate ETF | 0.13% | 54,400 | $5.1M | New |
| MAGN Magnera Corp. | 0.13% | 275,000 | $5.0M | New |
| BBOT Bridgebio Oncology Therapeut filed as HELIX ACQUISITION CORP II | 0.13% | 475,114 | $5.0M | Add +0.0% |
| SMCI Super Micro Computer Inc. | 0.13% | 163,500 | $5.0M | New |
| KYMR Kymera Therapeutics Inc. | 0.12% | 120,373 | $4.8M | New |
| CBOE Cboe Global Markets Inc. | 0.12% | 23,588 | $4.6M | Reduce -63.0% |
| PACB Pacific Biosciences of Calif | 0.11% | 2,372,265 | $4.3M | Add +13.1% |
| WASH Washington Trust Bancorp | 0.11% | 135,000 | $4.2M | New |
| FVR Frontview REIT Inc. | 0.10% | 220,000 | $4.0M | New |
| EWC iShares MSCI Canada ETF | 0.10% | 97,700 | $3.9M | No change |
| HG Hamilton Insurance Grou Class B | 0.10% | 200,000 | $3.8M | No change |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 0.08% | 100,000 | $3.1M | New |
| TOST Toast Inc. Class A | 0.07% | 77,184 | $2.8M | New |
| SE Sea Ltd.-ADR | 0.07% | 25,449 | $2.7M | New |
| TTAN Servicetitan Inc. Class A | 0.07% | 25,000 | $2.6M | New |
| PEG Public Service Enterprise GP | 0.06% | 30,000 | $2.5M | New |
| EVGO Evgo Inc. | 0.06% | 565,042 | $2.3M | New |
| IREN Iren Ltd. filed as IREN LIMITED | 0.06% | 232,018 | $2.3M | New |
| THRY Thryv Holdings Inc. | 0.06% | 150,000 | $2.2M | New |
| PCG P G & E Corp. | 0.06% | 108,977 | $2.2M | New |
| GXO Gxo Logistics Inc. | 0.06% | 50,000 | $2.2M | New |
| INGM Ingram Micro Holding Corp. | 0.05% | 100,000 | $1.9M | New |
| KLC Kindercare Learning Cos Inc. | 0.04% | 100,000 | $1.8M | New |
| SPSB SS SPDR P St C Corp. ETF | 0.04% | 50,284 | $1.5M | No change |
| JOBY Joby Aviation Inc. | 0.03% | 134,957 | $1.1M | New |
| UPB Upstream Bio Inc. | 0.02% | 46,350 | $762K | New |
| CBLL Ceribell Inc. | 0.02% | 25,000 | $647K | New |
| XLF SS Financial Select Sector | 0.01% | 12,270 | $593K | Reduce -99.6% |
| SEDG Solaredge Technologies Inc. | 0.01% | 34,200 | $465K | Reduce -85.2% |
| XAIR Beyond Air Inc. | 0.01% | 1,000,000 | $359K | Reduce -32.3% |
| SEPN Septerna Inc. | 0.01% | 10,000 | $229K | New |
| GOOG Alphabet Inc. Class C | 0.00% | 581 | $111K | Reduce -27.2% |
Options reported separately and not counted above: SPY puts ($175.8M), IWM puts ($165.7M), TLT calls ($114.4M), KWEB puts ($87.7M), JD puts ($60.7M), KWEB calls ($58.5M), LQD calls ($53.4M), BABA calls ($50.9M), JETS calls ($38.0M), AAPL puts ($37.6M), DBX calls ($22.5M), BABA puts ($21.2M), and 4 more.
Other holdings (28): bonds, preferreds, convertibles and warrants · $1.8B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 190,000,000 | $184.0M | Add +590.9% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 172,000,000 | $182.8M | Add +81.0% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 170,436,000 | $172.7M | Add +9.3% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 131,250,000 | $130.2M | Reduce -5.1% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 143,277,000 | $127.7M | Add +23.0% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 100,000,000 | $102.3M | Reduce -3.4% |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 94,754,000 | $90.0M | No change |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 86,000,000 | $82.6M | Add +855.6% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 87,450,000 | $81.1M | Reduce -26.8% |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 79,136,000 | $76.4M | No change |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 62,500,000 | $66.8M | New |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 62,722,000 | $58.8M | New |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 58,500,000 | $54.2M | No change |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 47,000,000 | $45.2M | New |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 47,500,000 | $42.4M | New |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 90,000,000 | $42.3M | Reduce -17.1% |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 825,000 | $41.1M | New |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 99,000,000 | $41.0M | Reduce -24.7% |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 25,500,000 | $36.6M | No change |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | 30,000,000 | $26.7M | Reduce -42.3% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 21,250,000 | $23.4M | Reduce -65.3% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 23,000,000 | $22.4M | New |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 18,000,000 | $16.2M | New |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 10,500,000 | $9.8M | No change |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 10,000,000 | $8.2M | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 6,500,000 | $6.3M | No change |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 4,178,000 | $3.8M | No change |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 1,000,000 | $937K | No change |
Total filed on the 13F, all lines: $5.7B.
Portfolio Sells Q3 2024 → Q4 2024
| XLF SS Financial Select Sector | Reduce -99.6% | 0.01% | −3.56 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −3.50 |
| BABA Alibaba Group Holding-SP ADR | Reduce -34.9% | 1.82% | −2.09 |
| AXONICS INC | Sold out | 0.00% | −2.06 |
| ECHO Echostar Corp. Class A | Sold out | 0.00% | −1.53 |
| GPN Global Payments Inc. | Sold out | 0.00% | −1.33 |
| SRCL Stericycle Inc. | Sold out | 0.00% | −1.02 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.96 |
| VMC Vulcan Materials Co. | Sold out | 0.00% | −0.92 |
| J Jacobs Solutions Inc. | Reduce -40.4% | 1.01% | −0.84 |
| CHX Championx Corp. | Sold out | 0.00% | −0.68 |
| RITM Rithm Capital Corp. | Sold out | 0.00% | −0.67 |
| AER Aercap Holdings NV | Reduce -6.5% | 3.60% | −0.65 |
| ILMN Illumina Inc. | Sold out | 0.00% | −0.64 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -44.8% | 0.50% | −0.61 |
| BSX Boston Scientific Corp. | Reduce -71.4% | 0.23% | −0.60 |
| PACS Pacs Group Inc. | Sold out | 0.00% | −0.56 |
| LINE Lineage Inc. | Sold out | 0.00% | −0.55 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.54 |
| MGY Magnolia Oil & Gas Corp. Class A | Sold out | 0.00% | −0.51 |
| DHI D.R. Horton Inc. | Reduce -18.2% | 0.57% | −0.49 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.47 |
| AUR Aurora Innovation Inc. | Reduce -76.3% | 0.14% | −0.47 |
| BKNG Booking Holdings Inc. | Reduce -65.8% | 0.26% | −0.46 |
| MKSI MKS Inc. | Sold out | 0.00% | −0.41 |
| SNY Sanofi-ADR | Reduce -50.0% | 0.24% | −0.41 |
| HESM Hess Midstream LP Class A | Sold out | 0.00% | −0.40 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.39 |
| CRH CRH PLC | Reduce -15.9% | 1.16% | −0.38 |
| RNR Renaissancere Holdings Ltd. | Reduce -56.6% | 0.20% | −0.37 |
| OSCR Oscar Health Inc. Class A | Sold out | 0.00% | −0.36 |
| CSX CSX Corp. | Reduce -23.9% | 0.58% | −0.33 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.32 |
| NOW ServiceNow Inc. | Reduce -62.6% | 0.21% | −0.31 |
| INDI Indie Semiconductor Inc. Class A | Sold out | 0.00% | −0.29 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.28 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.28 |
| PLMR Palomar Holdings Inc. | Sold out | 0.00% | −0.27 |
| BPOP Popular Inc. | Sold out | 0.00% | −0.26 |
| CBOE Cboe Global Markets Inc. | Reduce -63.0% | 0.12% | −0.25 |
| DAR Darling Ingredients Inc. | Reduce -52.8% | 0.16% | −0.25 |
| TRP TC Energy Corp. | Sold out | 0.00% | −0.20 |
| ULS Ul Solutions Inc. Class A | Reduce -3.3% | 1.39% | −0.19 |
| INSM Insmed Inc. | Reduce -4.9% | 0.79% | −0.19 |
| BECN Beacon Roofing Supply Inc. | Sold out | 0.00% | −0.19 |
| CWH Camping World Holdings Inc. Class A | Sold out | 0.00% | −0.17 |
| CON Concentra Group Holdings Par | Sold out | 0.00% | −0.16 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −0.16 |
| EPD Enterprise Products Partners | Sold out | 0.00% | −0.16 |
| OKE Oneok Inc. | Sold out | 0.00% | −0.14 |
Portfolio Buys Q3 2024 → Q4 2024
| IWM iShares Russell 2000 ETF | New | 4.20% | +4.20 |
| GOOGL Alphabet Inc. Class A | Add +157.1% | 6.37% | +3.95 |
| AJG Arthur J Gallagher & Co. | New | 2.15% | +2.15 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 1.75% | +1.75 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 1.54% | +1.54 |
| KWEB Kranesh Csi China Internet | New | 1.41% | +1.41 |
| CRM Salesforce Inc. | Add +90.2% | 2.51% | +1.31 |
| CYBR Cyberark Software Ltd./Israel | New | 1.18% | +1.18 |
| UNH Unitedhealth Group Inc. | New | 1.00% | +1.00 |
| FSLR First Solar Inc. | New | 0.97% | +0.97 |
| ACN Accenture PLC Class A | Add +143.6% | 1.64% | +0.89 |
| VTR Ventas Inc. | New | 0.82% | +0.82 |
| SARO Standardaero Inc. | New | 0.77% | +0.77 |
| DHR Danaher Corp. | New | 0.76% | +0.76 |
| VLY Valley National Bancorp | New | 0.69% | +0.69 |
| LLY Eli Lilly & Co. | New | 0.66% | +0.66 |
| ONB Old National Bancorp | New | 0.61% | +0.61 |
| CG The Carlyle Group Inc. | New | 0.59% | +0.59 |
| MSFT Microsoft Corp. | New | 0.57% | +0.57 |
| AUB Atlantic Union Bankshares Co. | New | 0.55% | +0.55 |
| GLW Corning Inc. | New | 0.49% | +0.49 |
| AS Amer Sports Inc. | New | 0.39% | +0.39 |
| ADC Agree Realty Corp. | New | 0.38% | +0.38 |
| LEU Centrus Energy Corp. Class A | New | 0.37% | +0.37 |
| AMZN Amazon.com Inc. | Add +18.6% | 1.84% | +0.37 |
| RUN Sunrun Inc. | Add +1994.8% | 0.39% | +0.35 |
| NBIS Nebius Group NV | New | 0.34% | +0.34 |
| IBKR Interactive Brokers Gro Class A | Add +32.2% | 0.99% | +0.33 |
| PONY Pony AI Inc. | New | 0.32% | +0.32 |
| SNOW Snowflake Inc. | Add +2228.9% | 0.33% | +0.32 |
| ALK Alaska Air Group Inc. | New | 0.29% | +0.29 |
| VIK Viking Holdings Ltd. | Add +20.0% | 1.00% | +0.26 |
| ORA Ormat Technologies Inc. | New | 0.26% | +0.26 |
| XHB SS SPDR S&P Homebldrs ETF | New | 0.25% | +0.25 |
| ASB Associated Banc-Corp. | New | 0.24% | +0.24 |
| XLB SS Materials Select Sector | New | 0.24% | +0.24 |
| CTRE Caretrust REIT Inc. | New | 0.24% | +0.24 |
| WAY Waystar Holding Corp. | New | 0.23% | +0.23 |
| RSP Invesco S&P 500 Equal Weight | New | 0.22% | +0.22 |
| TLT iShares 20+ Year Treasury BD | New | 0.22% | +0.22 |
| WULF Terawulf Inc. | New | 0.22% | +0.22 |
| FLUT Flutter Entertainment PLC-Di | Add +31.5% | 0.99% | +0.22 |
| FDX FedEx Corp. | New | 0.21% | +0.21 |
| PENN Penn Entertainment Inc. | New | 0.21% | +0.21 |
| NBIX Neurocrine Biosciences Inc. | Add +33.3% | 0.69% | +0.20 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.20% | +0.20 |
| EXC Exelon Corp. | New | 0.19% | +0.19 |
| ATI Ati Inc. | Add +98.3% | 0.54% | +0.17 |
| INFA Informatica Inc. Class A | New | 0.16% | +0.16 |
| IEX Idex Corp. | New | 0.16% | +0.16 |
Options Activity Q3 2024 → Q4 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -85.9% | 300,000 | $175.8M |
| IWM iShares Russell 2000 ETF | put | Reduce -6.3% | 750,000 | $165.7M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Sold out | 1,500,000 | $120.5Mbefore exit |
| TLT iShares 20+ Year Treasury BD | call | New | 1,310,000 | $114.4M |
| KWEB Kranesh Csi China Internet | put | New | 3,000,000 | $87.7M |
| IWM iShares Russell 2000 ETF | call | Sold out | 350,000 | $77.3Mbefore exit |
| OKTA Okta Inc. | call | Sold out | 933,400 | $69.4Mbefore exit |
| JD Jd.com Inc.-ADR | put | New | 1,750,000 | $60.7M |
| XLU St Sr Utl SL SE SPDR ETF-Usd | put | Sold out | 750,000 | $60.6Mbefore exit |
| KWEB Kranesh Csi China Internet | call | New | 2,000,000 | $58.5M |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | call | New | 500,000 | $53.4M |
| BABA Alibaba Group Holding-SP ADR | call | Reduce -0.6% | 600,000 | $50.9M |
| JETS US Global Jets ETF | call | New | 1,500,000 | $38.0M |
| AAPL Apple Inc. | put | New | 150,000 | $37.6M |
| XHB SS SPDR S&P Homebldrs ETF | put | Sold out | 200,000 | $24.9Mbefore exit |
| XLF SS Financial Select Sector | put | Sold out | 500,000 | $22.7Mbefore exit |
| DBX Dropbox Inc. Class A | call | Reduce -25.0% | 750,000 | $22.5M |
| COST Costco Wholesale Corp. | put | Sold out | 25,000 | $22.2Mbefore exit |
| BABA Alibaba Group Holding-SP ADR | put | New | 250,000 | $21.2M |
| DAR Darling Ingredients Inc. | call | New | 500,000 | $16.8M |
| DOCN Digitalocean Holdings Inc. | call | Sold out | 375,000 | $15.1Mbefore exit |
| XLB SS Materials Select Sector | call | New | 100,000 | $8.4M |
| RILY BRC Group Holdings Inc. | call | Sold out | 475,500 | $2.5Mbefore exit |
| SMCI Super Micro Computer Inc. | call | New | 75,000 | $2.3M |
| RILY BRC Group Holdings Inc. | put | Sold out | 405,000 | $2.1Mbefore exit |
| RPD RAPID7 Inc. | call | Reduce -90.0% | 25,000 | $1.0M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Add +590.9% | 190,000,000 | $184.0M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | Add +81.0% | 172,000,000 | $182.8M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +9.3% | 170,436,000 | $172.7M |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | Reduce -5.1% | 131,250,000 | $130.2M |
| MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24) | NOTE 0.125%11/1 · principal | Sold out | 130,315,000 | $129.7Mbefore exit |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Add +23.0% | 143,277,000 | $127.7M |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Reduce -3.4% | 100,000,000 | $102.3M |
| DISH NETWORK CORP (DISH 0 12/15/25) | NOTE 12/1 · principal | Sold out | 115,250,000 | $98.5Mbefore exit |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Add +855.6% | 86,000,000 | $82.6M |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | Reduce -26.8% | 87,450,000 | $81.1M |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | New | 62,500,000 | $66.8M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | New | 62,722,000 | $58.8M |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | New | 47,000,000 | $45.2M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | New | 47,500,000 | $42.4M |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | Reduce -17.1% | 90,000,000 | $42.3M |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | New | 825,000 | $41.1M |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Reduce -24.7% | 99,000,000 | $41.0M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Sold out | 37,500,000 | $38.8Mbefore exit |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | Reduce -42.3% | 30,000,000 | $26.7M |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Reduce -65.3% | 21,250,000 | $23.4M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | New | 23,000,000 | $22.4M |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | New | 18,000,000 | $16.2M |
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 | 230 | $5.7B | AMZN, TSM, GOOGL, NVDA, EA |
| Q1 2026 | 223 | $5.4B | AMZN, EA, NVDA, TSM, GOOGL |
| Q4 2025 | 202 | $5.6B | AMZN, GOOGL, CRM, TKO, MSFT |
| Q3 2025 | 147 | $4.4B | AMZN, SW, GOOGL, RSP, TKO |
| Q2 2025 | 141 | $3.8B | SW, GFL, LBRDK, FLUT, IBKR |
| Q1 2025 | 162 | $4.0B | SW, AZN, SPY, GFL, AER |
| Q4 2024 | 146 | $4.0B | SW, GOOGL, AZN, IWM, GFL |
| Q3 2024 | 138 | $3.5B | SW, AZN, AER, BABA, XLF |
| Q2 2024 | 136 | $3.2B | SPY, AZN, WRK, GOOGL, AER |
| Q1 2024 | 135 | $2.6B | GOOGL, AER, AEL, NVO, CERE |