Stonegate Investment Group, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Stonegate Investment Group, LLC reported 352 stock positions worth $3.7 billion. Its top holding was Apple (AAPL) at 5.9% of the portfolio, followed by JPMorgan Chase (JPM, 4.7%) and Walmart (WMT, 4.6%). Compared with Q4 2024, it opened 22 new positions, sold out of 63, added to 152 and reduced 147. The biggest buy was Meta Platforms Class A (META, shares +125%) and the biggest sale Lockheed Martin (LMT, shares −99%).
- Most Recent 13F
- Q3 2025
- Location
- BIRMINGHAM, AL
- CIK
- 0001904154
- Portfolio Value
- $3.7B (Q1 2025)
- SEC Filing
- 0001951757-25-000396 ↗ filed Apr 22, 2025
Holdings Value
Holdings 352 stocks · $3.7B
| AAPL Apple Inc. | 5.92% | 996,072 | $221.3M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 4.68% | 712,086 | $174.7M | Reduce -0.3% |
| WMT Walmart Inc. | 4.62% | 1,965,510 | $172.6M | Reduce -0.5% |
| MSFT Microsoft Corp. | 4.42% | 439,449 | $165.0M | Add +1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.23% | 296,951 | $158.2M | Add +2.5% |
| GOOGL Alphabet Inc. Class A | 3.58% | 864,196 | $133.6M | Add +1.3% |
| CVX Chevron Corp. | 3.54% | 790,099 | $132.2M | Add +1.3% |
| XOM Exxon Mobil Corp. | 3.29% | 1,033,185 | $122.9M | Add +0.9% |
| V Visa Inc. Class A | 3.28% | 349,122 | $122.4M | Add +1.5% |
| AMZN Amazon.com Inc. | 3.09% | 606,188 | $115.3M | Add +1.5% |
| CSCO Cisco Systems Inc. | 2.57% | 1,554,422 | $95.9M | Add +1.0% |
| HD Home Depot Inc. | 2.51% | 255,430 | $93.6M | Add +1.1% |
| JNJ Johnson & Johnson | 2.39% | 537,343 | $89.1M | Add +0.5% |
| SO The Southern Co. | 2.17% | 880,281 | $80.9M | Reduce -3.9% |
| GEHC GE Healthcare Technology | 2.10% | 970,727 | $78.3M | Add +0.9% |
| SFBS Servisfirst Bancshares Inc. | 2.08% | 939,118 | $77.6M | Reduce -0.9% |
| COST Costco Wholesale Corp. | 1.95% | 77,020 | $72.8M | Reduce -0.3% |
| HON Honeywell International Inc. | 1.90% | 335,274 | $71.0M | Add +1.1% |
| UPS United Parcel Service Class B | 1.87% | 636,276 | $70.0M | Add +45.2% |
| PANW Palo Alto Networks Inc. | 1.87% | 408,767 | $69.8M | Reduce -0.6% |
| IVV iShares Core S&P 500 ETF | 1.79% | 119,298 | $67.0M | Add +0.0% |
| PLD Prologis Inc. | 1.72% | 575,829 | $64.4M | Add +1.0% |
| PSX Phillips 66 | 1.72% | 520,170 | $64.2M | Add +1.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.66% | 509,095 | $62.0M | Add +11.2% |
| PG The Procter & Gamble Co. | 1.63% | 356,263 | $60.7M | Add +1.2% |
| META Meta Platforms Inc. Class A | 1.58% | 102,636 | $59.2M | Add +125.5% |
| DE Deere & Co. | 1.45% | 115,694 | $54.3M | Add +0.3% |
| DHR Danaher Corp. | 1.42% | 259,150 | $53.1M | Add +15.1% |
| AMD Advanced Micro Devices | 1.41% | 511,608 | $52.6M | Reduce -0.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.31% | 497,027 | $49.1M | Add +3.5% |
| LLY Eli Lilly & Co. | 1.25% | 56,739 | $46.9M | Add +0.8% |
| NKE Nike Inc. Class B | 1.13% | 663,555 | $42.1M | Reduce -1.1% |
| MMM 3M Co. | 1.05% | 266,788 | $39.2M | Add +1.9% |
| PYPL PayPal Holdings Inc. | 0.88% | 501,456 | $32.7M | Add +3.9% |
| AVGO Broadcom Inc. | 0.70% | 156,116 | $26.1M | Reduce -0.9% |
| CLF Cleveland-Cliffs Inc. | 0.63% | 2,859,792 | $23.5M | Add +41.5% |
| VOO Vanguard S&P 500 ETF | 0.51% | 37,343 | $19.2M | Add +5.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.47% | 37,747 | $17.7M | Add +1.6% |
| KO The Coca-Cola Co. | 0.46% | 237,468 | $17.0M | Reduce -1.2% |
| NVDA Nvidia Corp. | 0.45% | 153,529 | $16.6M | Add +1.1% |
| LIN Linde PLC | 0.43% | 34,878 | $16.2M | Add +0.4% |
| RSG Republic Services Inc. | 0.42% | 64,893 | $15.7M | Reduce -0.3% |
| MAA Mid-America Apartment Comm | 0.42% | 93,607 | $15.7M | Add +1.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.38% | 85,409 | $14.2M | Add +1.6% |
| ORCL Oracle Corp. | 0.36% | 96,658 | $13.5M | Add +4.8% |
| MCD McDonald's Corp. | 0.33% | 39,062 | $12.2M | Add +0.8% |
| MS Morgan Stanley | 0.31% | 100,601 | $11.7M | Add +1.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.30% | 42,904 | $11.0M | Add +6.1% |
| MA Mastercard Inc. Class A | 0.29% | 19,887 | $10.9M | Add +24.1% |
| UNP Union Pacific Corp. | 0.29% | 45,962 | $10.9M | Add +7.0% |
| ABT Abbott Laboratories | 0.28% | 79,530 | $10.5M | Reduce -0.0% |
| EOG EOG Resources Inc. | 0.26% | 75,782 | $9.7M | Add +0.2% |
| IWR iShares Russell Mid-Cap ETF | 0.26% | 112,459 | $9.6M | Reduce -0.9% |
| RF Regions Financial Corp. | 0.24% | 411,298 | $8.9M | Add +142.3% |
| ABBV Abbvie Inc. | 0.21% | 38,241 | $8.0M | Add +1.6% |
| NEE Nextera Energy Inc. | 0.21% | 112,453 | $8.0M | Add +0.7% |
| ACN Accenture PLC Class A | 0.20% | 23,729 | $7.4M | Add +1.0% |
| IVE iShares S&P 500 Value ETF | 0.19% | 37,067 | $7.1M | Add +0.1% |
| VZ Verizon Communications Inc. | 0.18% | 144,250 | $6.5M | Add +12.0% |
| MRSH Marsh & McLennan Cos | 0.16% | 25,144 | $6.1M | Reduce -0.2% |
| GE General Electric filed as GE AEROSPACE | 0.16% | 30,368 | $6.1M | Reduce -2.1% |
| CB Chubb Ltd. | 0.16% | 19,847 | $6.0M | Reduce -1.9% |
| AGG iShares Core U.S. Aggregate | 0.16% | 60,370 | $6.0M | Add +6.4% |
| COP Conocophillips | 0.15% | 52,813 | $5.5M | Reduce -1.0% |
| UNH Unitedhealth Group Inc. | 0.15% | 10,394 | $5.4M | Reduce -41.1% |
| NOW ServiceNow Inc. | 0.14% | 6,695 | $5.3M | Reduce -0.3% |
| TT Trane Technologies PLC | 0.14% | 15,505 | $5.2M | Add +0.8% |
| VMC Vulcan Materials Co. | 0.14% | 21,863 | $5.1M | Reduce -1.2% |
| NOC Northrop Grumman Corp. | 0.13% | 9,832 | $5.0M | Add +6.1% |
| TXN Texas Instruments Inc. | 0.13% | 27,179 | $4.9M | Reduce -2.1% |
| ADSK Autodesk Inc. | 0.12% | 17,282 | $4.5M | Reduce -2.3% |
| GL Globe Life Inc. | 0.12% | 33,860 | $4.5M | Reduce -6.5% |
| INTU Intuit Inc. | 0.12% | 7,111 | $4.4M | Reduce -0.8% |
| IWF iShares Russell 1000 Growth | 0.11% | 11,693 | $4.2M | Add +1.2% |
| NSC Norfolk Southern Corp. | 0.11% | 17,488 | $4.1M | Add +2.3% |
| AMGN Amgen Inc. | 0.11% | 13,280 | $4.1M | Reduce -3.8% |
| PEP Pepsico Inc. | 0.11% | 27,106 | $4.1M | Add +5.1% |
| RTX RTX Corp. | 0.11% | 30,065 | $4.0M | Add +0.2% |
| KVUE Kenvue Inc. | 0.10% | 161,580 | $3.9M | Reduce -2.8% |
| ADBE Adobe Inc. | 0.10% | 10,095 | $3.9M | Reduce -5.0% |
| WM Waste Management Inc. | 0.10% | 15,955 | $3.7M | Reduce -0.3% |
| TMO Thermo Fisher Scientific Inc. | 0.10% | 7,231 | $3.6M | Add +6.5% |
| ORLY O'reilly Automotive Inc. | 0.09% | 2,461 | $3.5M | Reduce -3.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.09% | 20,384 | $3.5M | Add +13.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.09% | 9,488 | $3.5M | Add +7.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.09% | 14,135 | $3.5M | Reduce -2.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.09% | 12,907 | $3.3M | Add +32.4% |
| WFC Wells Fargo & Co. | 0.09% | 46,096 | $3.3M | Add +0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 11,994 | $3.3M | Reduce -8.9% |
| DUK Duke Energy Corp. | 0.09% | 26,310 | $3.2M | Add +8.2% |
| GOOG Alphabet Inc. Class C | 0.09% | 20,517 | $3.2M | Add +10.8% |
| WDAY Workday Inc. Class A | 0.09% | 13,610 | $3.2M | Add +0.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.08% | 6,356 | $3.1M | Reduce -2.4% |
| PM Philip Morris International | 0.08% | 19,250 | $3.1M | Add +41.9% |
| RY Royal Bank of Canada | 0.08% | 26,575 | $3.0M | New |
| FNF Fidelity National Financial | 0.08% | 45,125 | $2.9M | Reduce -0.3% |
| VIG Vanguard Dividend Apprec ETF | 0.08% | 14,843 | $2.9M | Add +0.1% |
| MO Altria Group Inc. | 0.08% | 47,886 | $2.9M | Add +1.7% |
| WMB Williams Cos Inc. | 0.08% | 47,206 | $2.8M | Add +6.4% |
| MRK Merck & Co. Inc. | 0.07% | 30,870 | $2.8M | Add +11.6% |
Options reported separately and not counted above: PALO ALTO NETWORKS INC calls ($1.7M), ELI LILLY & CO calls ($1.0M), JPMORGAN CHASE & CO calls ($537K), WALMART INC calls ($418K).
Other holdings (51): bonds, preferreds, convertibles and warrants · $2.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 533 | $658K | No change |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 7,810 | $377K | New |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 63,000 | $62K | New |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 62,000 | $59K | New |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 64,000 | $58K | New |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 23,000 | $57K | New |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 56,000 | $56K | New |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 50,000 | $48K | New |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 38,000 | $36K | New |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 37,000 | $34K | New |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 32,000 | $31K | New |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 25,000 | $30K | New |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 26,000 | $28K | New |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 25,000 | $27K | New |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | 26,000 | $26K | New |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 26,000 | $25K | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 25,000 | $25K | New |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 25,000 | $25K | New |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 25,000 | $25K | New |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 19,000 | $24K | New |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 25,000 | $24K | New |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 25,000 | $24K | New |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 10,000 | $23K | New |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 18,000 | $23K | New |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 25,000 | $21K | New |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 15,000 | $21K | New |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 17,000 | $21K | New |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 12,000 | $19K | New |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 16,000 | $19K | New |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 13,000 | $19K | New |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 16,000 | $18K | New |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 18,000 | $18K | New |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 19,000 | $18K | New |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 10,000 | $17K | New |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 12,000 | $16K | New |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 13,000 | $15K | New |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 13,000 | $15K | New |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 15,000 | $15K | New |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 13,000 | $15K | New |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 13,000 | $14K | New |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 13,000 | $14K | New |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 14,000 | $14K | New |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 13,000 | $14K | New |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 13,000 | $13K | New |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 13,000 | $13K | New |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 13,000 | $13K | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 13,000 | $13K | New |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 13,000 | $11K | New |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 13,000 | $11K | New |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 11,000 | $11K | New |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 11,000 | $11K | New |
Total filed on the 13F, all lines: $3.7B.
Portfolio Sells Q4 2024 → Q1 2025
| LMT Lockheed Martin Corp. | Reduce -98.6% | 0.02% | −1.35 |
| AAPL Apple Inc. | Reduce -0.7% | 5.92% | −0.78 |
| AVGO Broadcom Inc. | Reduce -0.9% | 0.70% | −0.27 |
| AMD Advanced Micro Devices | Reduce -0.2% | 1.41% | −0.24 |
| NKE Nike Inc. Class B | Reduce -1.1% | 1.13% | −0.23 |
| WMT Walmart Inc. | Reduce -0.5% | 4.62% | −0.14 |
| SBUX Starbucks Corp. | Reduce -81.0% | 0.04% | −0.14 |
| PANW Palo Alto Networks Inc. | Reduce -0.6% | 1.87% | −0.13 |
| BLK BlackRock Inc. | Reduce -89.9% | 0.01% | −0.13 |
| UNH Unitedhealth Group Inc. | Reduce -41.1% | 0.15% | −0.09 |
| SFBS Servisfirst Bancshares Inc. | Reduce -0.9% | 2.08% | −0.07 |
| NOW ServiceNow Inc. | Reduce -0.3% | 0.14% | −0.05 |
| IWM iShares Russell 2000 ETF | Reduce -72.5% | 0.01% | −0.03 |
| BBVA Banco Bilbao Vizcaya-SP ADR | Reduce -67.2% | 0.02% | −0.03 |
| ADBE Adobe Inc. | Reduce -5.0% | 0.10% | −0.02 |
| ADSK Autodesk Inc. | Reduce -2.3% | 0.12% | −0.02 |
| BX Blackstone Inc. | Reduce -3.5% | 0.07% | −0.02 |
| VMC Vulcan Materials Co. | Reduce -1.2% | 0.14% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -8.9% | 0.09% | −0.01 |
| ULTA Ulta Beauty Inc. | Reduce -0.5% | 0.06% | −0.01 |
| AMAT Applied Materials Inc. | Reduce -49.1% | 0.01% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.9% | 0.26% | −0.01 |
| SAP Sap SE-Sponsored ADR | Sold out | 0.00% | −0.01 |
| VRT Vertiv Holdings Co. Class A | Reduce -1.4% | 0.02% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -2.1% | 0.13% | −0.01 |
| EMR Emerson Electric Co. | Reduce -14.2% | 0.02% | −0.01 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.01 |
| TGT Target Corp. | Reduce -16.9% | 0.01% | −0.01 |
| CAT Caterpillar Inc. | Reduce -0.9% | 0.07% | −0.01 |
| ETR Entergy Corp. | Sold out | 0.00% | −0.01 |
| DJT Trump Media & Technology Gro | Sold out | 0.00% | −0.01 |
| MORN Morningstar Inc. | Sold out | 0.00% | −0.01 |
| EIX Edison International | Sold out | 0.00% | −0.01 |
| AIT Applied Industrial Tech Inc. | Reduce -23.3% | 0.02% | −0.01 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.01 |
| PFE Pfizer Inc. | Reduce -5.7% | 0.06% | −0.01 |
| SRE Sempra | Reduce -3.1% | 0.02% | −0.01 |
| TPL Texas Pacific Land Corp. | Reduce -35.0% | 0.02% | −0.01 |
| J Jacobs Solutions Inc. | Reduce -0.2% | 0.06% | −0.01 |
| SNV Synovus Financial Corp. | Reduce -0.4% | 0.07% | −0.01 |
| USLM United States Lime & Mineral | Sold out | 0.00% | −0.01 |
| CNX CNX Resources Corp. | Sold out | 0.00% | −0.01 |
| VST Vistra Corp. | Sold out | 0.00% | −0.01 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.01 |
| KAI Kadant Inc. | Sold out | 0.00% | −0.01 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.01 |
| SU Suncor Energy Inc. | Sold out | 0.00% | −0.01 |
| GM General Motors Co. | Reduce -23.9% | 0.01% | −0.01 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -7.8% | 0.03% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| META Meta Platforms Inc. Class A | Add +125.5% | 1.58% | +0.87 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.5% | 4.23% | +0.73 |
| CVX Chevron Corp. | Add +1.3% | 3.54% | +0.52 |
| UPS United Parcel Service Class B | Add +45.2% | 1.87% | +0.40 |
| V Visa Inc. Class A | Add +1.5% | 3.28% | +0.37 |
| XOM Exxon Mobil Corp. | Add +0.9% | 3.29% | +0.35 |
| JNJ Johnson & Johnson | Add +0.5% | 2.39% | +0.32 |
| TJX TJX Companies Inc. | Add +11.2% | 1.66% | +0.18 |
| PSX Phillips 66 | Add +1.8% | 1.72% | +0.17 |
| DE Deere & Co. | Add +0.3% | 1.45% | +0.15 |
| MMM 3M Co. | Add +1.9% | 1.05% | +0.15 |
| CSCO Cisco Systems Inc. | Add +1.0% | 2.57% | +0.14 |
| RF Regions Financial Corp. | Add +142.3% | 0.24% | +0.13 |
| CLF Cleveland-Cliffs Inc. | Add +41.5% | 0.63% | +0.12 |
| PLD Prologis Inc. | Add +1.0% | 1.72% | +0.11 |
| LLY Eli Lilly & Co. | Add +0.8% | 1.25% | +0.10 |
| GEHC GE Healthcare Technology | Add +0.9% | 2.10% | +0.09 |
| RY Royal Bank of Canada | New | 0.08% | +0.08 |
| IDXX Idexx Laboratories Inc. | New | 0.07% | +0.07 |
| MA Mastercard Inc. Class A | Add +24.1% | 0.29% | +0.07 |
| PG The Procter & Gamble Co. | Add +1.2% | 1.63% | +0.05 |
| LIN Linde PLC | Add +0.4% | 0.43% | +0.05 |
| DHR Danaher Corp. | Add +15.1% | 1.42% | +0.04 |
| INTC Intel Corp. | Add +136.6% | 0.06% | +0.04 |
| MAA Mid-America Apartment Comm | Add +1.4% | 0.42% | +0.04 |
| PM Philip Morris International | Add +41.9% | 0.08% | +0.04 |
| VZ Verizon Communications Inc. | Add +12.0% | 0.18% | +0.04 |
| ABBV Abbvie Inc. | Add +1.6% | 0.21% | +0.04 |
| UNP Union Pacific Corp. | Add +7.0% | 0.29% | +0.03 |
| MCD McDonald's Corp. | Add +0.8% | 0.33% | +0.03 |
| CVS CVS Health Corp. | Add +103.3% | 0.03% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +32.4% | 0.09% | +0.02 |
| NOC Northrop Grumman Corp. | Add +6.1% | 0.13% | +0.02 |
| SHEL Shell PLC-ADR | Add +56.4% | 0.04% | +0.02 |
| VGT Vanguard Info Tech ETF | New | 0.02% | +0.02 |
| DUK Duke Energy Corp. | Add +8.2% | 0.09% | +0.02 |
| VLO Valero Energy Corp. | New | 0.02% | +0.02 |
| CCI Crown Castle Inc. | Add +11.4% | 0.06% | +0.01 |
| RTX RTX Corp. | Add +0.2% | 0.11% | +0.01 |
| AGG iShares Core U.S. Aggregate | Add +6.4% | 0.16% | +0.01 |
| STT State Street Corp. | New | 0.01% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +13.1% | 0.09% | +0.01 |
| EOG EOG Resources Inc. | Add +0.2% | 0.26% | +0.01 |
| WMB Williams Cos Inc. | Add +6.4% | 0.08% | +0.01 |
| MO Altria Group Inc. | Add +1.7% | 0.08% | +0.01 |
| UL Unilever PLC | Add +69.7% | 0.02% | +0.01 |
| TEL Te Connectivity PLC | Add +61.4% | 0.03% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +30.7% | 0.06% | +0.01 |
| AR Antero Resources Corp. | New | 0.01% | +0.01 |
| SNPS Synopsys Inc. | New | 0.01% | +0.01 |
Options Activity Q4 2024 → Q1 2025
| PALO ALTO NETWORKS INC | call | New | 2,758 | $1.7M |
| ELI LILLY & CO | call | New | 234 | $1.0M |
| PROCTER & GAMBLE CO | call | Sold out | 2,414 | $832Kbefore exit |
| JPMORGAN CHASE & CO | call | New | 1,207 | $537K |
| WALMART INC | call | New | 4,862 | $418K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | New | 7,810 | $377K |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | New | 63,000 | $62K |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | New | 62,000 | $59K |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | New | 64,000 | $58K |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | New | 23,000 | $57K |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | New | 56,000 | $56K |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | New | 50,000 | $48K |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | New | 38,000 | $36K |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | New | 37,000 | $34K |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | New | 32,000 | $31K |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | New | 25,000 | $30K |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | New | 26,000 | $28K |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | New | 25,000 | $27K |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | New | 26,000 | $26K |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | New | 26,000 | $25K |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | New | 25,000 | $25K |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | New | 25,000 | $25K |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | New | 25,000 | $25K |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | New | 19,000 | $24K |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | New | 25,000 | $24K |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | New | 25,000 | $24K |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | New | 10,000 | $23K |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | New | 18,000 | $23K |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | New | 25,000 | $21K |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | New | 15,000 | $21K |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | New | 17,000 | $21K |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | New | 12,000 | $19K |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | New | 16,000 | $19K |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | New | 13,000 | $19K |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | New | 16,000 | $18K |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | New | 18,000 | $18K |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | New | 19,000 | $18K |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | New | 10,000 | $17K |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | New | 12,000 | $16K |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | New | 13,000 | $15K |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | New | 13,000 | $15K |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | New | 15,000 | $15K |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | New | 13,000 | $15K |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | New | 13,000 | $14K |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | New | 13,000 | $14K |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | New | 14,000 | $14K |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | New | 13,000 | $14K |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | New | 13,000 | $13K |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | New | 13,000 | $13K |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | New | 13,000 | $13K |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | New | 13,000 | $13K |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | New | 13,000 | $11K |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | New | 13,000 | $11K |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | New | 11,000 | $11K |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | New | 11,000 | $11K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 395 | $4.3B | AAPL, MSFT, GOOGL, WMT, JPM |
| Q2 2025 | 390 | $4.0B | MSFT, AAPL, WMT, JPM, GOOGL |
| Q1 2025 | 352 | $3.7B | AAPL, JPM, WMT, MSFT, BRK.B |
| Q4 2024 | 393 | $3.7B | AAPL, MSFT, WMT, JPM, GOOGL |
| Q3 2024 | 402 | $3.8B | AAPL, MSFT, WMT, JPM, GOOGL |
| Q2 2024 | 385 | $3.5B | AAPL, MSFT, GOOGL, JPM, WMT |
| Q1 2024 | 364 | $3.2B | MSFT, AAPL, JPM, GOOGL, CVX |