Stonegate Investment Group, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 23, 2025), Stonegate Investment Group, LLC reported 390 stock positions worth $4.0 billion. Its top holding was Microsoft (MSFT) at 5.5% of the portfolio, followed by Apple (AAPL, 5.1%) and Walmart (WMT, 4.8%). Compared with Q1 2025, it opened 50 new positions, sold out of 12, added to 178 and reduced 122. The biggest buy was a new position in JM Smucker (SJM) and the biggest sale United Parcel Service Class B (UPS, shares −90%).
- Most Recent 13F
- Q3 2025
- Location
- BIRMINGHAM, AL
- CIK
- 0001904154
- Portfolio Value
- $4.0B (Q2 2025)
- SEC Filing
- 0001951757-25-000936 ↗ filed Jul 23, 2025
Holdings Value
Holdings 390 stocks · $4.0B
| MSFT Microsoft Corp. | 5.54% | 442,371 | $220.0M | Add +0.7% |
| AAPL Apple Inc. | 5.15% | 996,690 | $204.5M | Add +0.1% |
| WMT Walmart Inc. | 4.79% | 1,945,009 | $190.2M | Reduce -1.0% |
| JPM JPMorgan Chase & Co. | 4.31% | 590,089 | $171.1M | Reduce -17.1% |
| GOOGL Alphabet Inc. Class A | 3.85% | 868,964 | $153.1M | Add +0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.64% | 297,322 | $144.4M | Add +0.1% |
| AMZN Amazon.com Inc. | 3.42% | 618,772 | $135.8M | Add +2.1% |
| V Visa Inc. Class A | 3.13% | 350,035 | $124.3M | Add +0.3% |
| CVX Chevron Corp. | 2.87% | 797,186 | $114.1M | Add +0.9% |
| XOM Exxon Mobil Corp. | 2.82% | 1,040,038 | $112.1M | Add +0.7% |
| CSCO Cisco Systems Inc. | 2.73% | 1,564,342 | $108.5M | Add +0.6% |
| PSX Phillips 66 | 2.67% | 889,763 | $106.1M | Add +71.0% |
| HD Home Depot Inc. | 2.38% | 258,162 | $94.7M | Add +1.1% |
| PANW Palo Alto Networks Inc. | 2.10% | 406,892 | $83.3M | Reduce -0.5% |
| SO The Southern Co. | 2.06% | 890,861 | $81.8M | Add +1.2% |
| JNJ Johnson & Johnson | 2.05% | 532,973 | $81.4M | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 1.96% | 105,668 | $78.0M | Add +3.0% |
| COST Costco Wholesale Corp. | 1.90% | 76,328 | $75.6M | Reduce -0.9% |
| IVV iShares Core S&P 500 ETF | 1.88% | 120,080 | $74.6M | Add +0.7% |
| SFBS Servisfirst Bancshares Inc. | 1.83% | 937,669 | $72.7M | Reduce -0.1% |
| GEHC GE Healthcare Technology | 1.83% | 980,942 | $72.7M | Add +1.1% |
| HON Honeywell International Inc. | 1.80% | 307,579 | $71.6M | Reduce -8.3% |
| AMD Advanced Micro Devices | 1.80% | 503,816 | $71.5M | Reduce -1.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.60% | 515,920 | $63.7M | Add +1.3% |
| PLD Prologis Inc. | 1.54% | 581,115 | $61.1M | Add +0.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.53% | 490,453 | $60.8M | Reduce -1.3% |
| DE Deere & Co. | 1.48% | 115,600 | $58.8M | Reduce -0.1% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 1.32% | 533,899 | $52.4M | New |
| DHR Danaher Corp. | 1.30% | 260,496 | $51.5M | Add +0.5% |
| NKE Nike Inc. Class B | 1.17% | 654,817 | $46.5M | Reduce -1.3% |
| AVGO Broadcom Inc. | 1.16% | 166,927 | $46.0M | Add +6.9% |
| LLY Eli Lilly & Co. | 1.13% | 57,573 | $44.9M | Add +1.5% |
| MMM 3M Co. | 1.05% | 273,385 | $41.6M | Add +2.5% |
| PYPL PayPal Holdings Inc. | 0.90% | 482,740 | $35.9M | Reduce -3.7% |
| NVDA Nvidia Corp. | 0.68% | 170,660 | $27.0M | Add +11.2% |
| VOO Vanguard S&P 500 ETF | 0.54% | 37,631 | $21.4M | Add +0.8% |
| ORCL Oracle Corp. | 0.53% | 96,335 | $21.1M | Reduce -0.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.53% | 38,156 | $21.0M | Add +1.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.49% | 86,155 | $19.5M | Add +0.9% |
| KO The Coca-Cola Co. | 0.43% | 239,596 | $17.0M | Add +0.9% |
| LIN Linde PLC | 0.41% | 34,776 | $16.3M | Reduce -0.3% |
| RSG Republic Services Inc. | 0.39% | 63,330 | $15.6M | Reduce -2.4% |
| PG The Procter & Gamble Co. | 0.39% | 96,046 | $15.3M | Reduce -73.0% |
| MS Morgan Stanley | 0.36% | 100,837 | $14.2M | Add +0.2% |
| MAA Mid-America Apartment Comm | 0.35% | 93,408 | $13.8M | Reduce -0.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.32% | 43,925 | $12.5M | Add +2.4% |
| MCD McDonald's Corp. | 0.29% | 39,641 | $11.6M | Add +1.5% |
| MA Mastercard Inc. Class A | 0.28% | 19,978 | $11.2M | Add +0.5% |
| ABT Abbott Laboratories | 0.27% | 79,116 | $10.8M | Reduce -0.5% |
| AXP American Express Co. | 0.25% | 31,739 | $10.1M | Add +1693.2% |
| VRT Vertiv Holdings Co. Class A | 0.25% | 78,837 | $10.1M | Add +890.4% |
| RF Regions Financial Corp. | 0.25% | 414,990 | $9.8M | Add +0.9% |
| IWR iShares Russell Mid-Cap ETF | 0.24% | 103,348 | $9.5M | Reduce -8.1% |
| UNP Union Pacific Corp. | 0.24% | 41,150 | $9.5M | Reduce -10.5% |
| RSP Invesco S&P 500 Equal Weight | 0.23% | 49,303 | $9.0M | Add +744.1% |
| ETN Eaton Corp. PLC | 0.22% | 24,898 | $8.9M | Add +367.5% |
| NEE Nextera Energy Inc. | 0.21% | 118,439 | $8.2M | Add +5.3% |
| GE General Electric filed as GE AEROSPACE | 0.19% | 29,569 | $7.6M | Reduce -2.6% |
| ABBV Abbvie Inc. | 0.19% | 40,031 | $7.4M | Add +4.7% |
| IVE iShares S&P 500 Value ETF | 0.18% | 37,011 | $7.2M | Reduce -0.1% |
| ACN Accenture PLC Class A | 0.18% | 23,554 | $7.0M | Reduce -0.7% |
| NOW ServiceNow Inc. | 0.17% | 6,679 | $6.9M | Reduce -0.2% |
| TT Trane Technologies PLC | 0.17% | 15,495 | $6.8M | Reduce -0.1% |
| UPS United Parcel Service Class B | 0.17% | 66,224 | $6.7M | Reduce -89.6% |
| PEP Pepsico Inc. | 0.17% | 50,359 | $6.6M | Add +85.8% |
| VZ Verizon Communications Inc. | 0.16% | 150,857 | $6.5M | Add +4.6% |
| INTU Intuit Inc. | 0.15% | 7,465 | $5.9M | Add +5.0% |
| AGG iShares Core U.S. Aggregate | 0.15% | 58,864 | $5.8M | Reduce -2.5% |
| CB Chubb Ltd. | 0.14% | 19,758 | $5.7M | Reduce -0.5% |
| TXN Texas Instruments Inc. | 0.14% | 26,792 | $5.6M | Reduce -1.4% |
| ADSK Autodesk Inc. | 0.13% | 17,132 | $5.3M | Reduce -0.9% |
| MRSH Marsh & McLennan Cos | 0.13% | 24,096 | $5.3M | Reduce -4.2% |
| WMB Williams Cos Inc. | 0.13% | 82,724 | $5.2M | Add +75.2% |
| VMC Vulcan Materials Co. | 0.13% | 19,487 | $5.1M | Reduce -10.9% |
| GEV GE Vernova Inc. | 0.13% | 9,484 | $5.0M | Add +71.2% |
| IWF iShares Russell 1000 Growth | 0.12% | 11,554 | $4.9M | Reduce -1.2% |
| KLAC KLA Corp. | 0.12% | 5,417 | $4.9M | New |
| NOC Northrop Grumman Corp. | 0.12% | 9,694 | $4.8M | Reduce -1.4% |
| ADBE Adobe Inc. | 0.12% | 12,418 | $4.8M | Add +23.0% |
| COP Conocophillips | 0.12% | 52,283 | $4.7M | Reduce -1.0% |
| NSC Norfolk Southern Corp. | 0.11% | 17,091 | $4.4M | Reduce -2.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 14,633 | $4.3M | Add +3.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.11% | 9,766 | $4.3M | Add +2.9% |
| RTX RTX Corp. | 0.10% | 28,174 | $4.1M | Reduce -6.3% |
| CAT Caterpillar Inc. | 0.10% | 9,997 | $3.9M | Add +25.1% |
| GL Globe Life Inc. | 0.10% | 30,962 | $3.8M | Reduce -8.6% |
| WFC Wells Fargo & Co. | 0.10% | 47,512 | $3.8M | Add +3.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.10% | 21,515 | $3.8M | Add +5.5% |
| ISRG Intuitive Surgical Inc. | 0.09% | 6,830 | $3.7M | Add +173.2% |
| WM Waste Management Inc. | 0.09% | 16,015 | $3.7M | Add +0.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 12,038 | $3.7M | Add +0.4% |
| IDXX Idexx Laboratories Inc. | 0.09% | 6,715 | $3.6M | Add +9.6% |
| PM Philip Morris International | 0.09% | 19,690 | $3.6M | Add +2.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.09% | 12,577 | $3.5M | Reduce -2.6% |
| RY Royal Bank of Canada | 0.09% | 26,575 | $3.5M | No change |
| ORLY O'reilly Automotive Inc. | 0.09% | 38,411 | $3.5M | Add +4.0% |
| WDAY Workday Inc. Class A | 0.09% | 14,122 | $3.4M | Add +3.8% |
| GOOG Alphabet Inc. Class C | 0.08% | 18,780 | $3.3M | Reduce -8.5% |
| KVUE Kenvue Inc. | 0.08% | 154,980 | $3.2M | Reduce -4.1% |
| AMGN Amgen Inc. | 0.08% | 11,457 | $3.2M | Reduce -13.7% |
Options reported separately and not counted above: PALO ALTO NETWORKS INC calls ($3.2M), EQT CORP calls ($359K), ANTERO RESOURCES CORP calls ($326K), RANGE RES CORP calls ($319K), VISTRA CORP calls ($319K), TALEN ENERGY CORP calls ($314K), OKLO INC calls ($300K).
Other holdings (51): bonds, preferreds, convertibles and warrants · $2.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 533 | $647K | No change |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 8,070 | $428K | Add +3.3% |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 62,000 | $59K | No change |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 64,000 | $58K | No change |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 56,000 | $57K | No change |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 50,000 | $48K | No change |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 37,000 | $44K | Add +48.0% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 37,000 | $44K | Add +48.0% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 23,000 | $41K | New |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 36,000 | $36K | Reduce -42.9% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 37,000 | $35K | No change |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 18,000 | $34K | New |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 21,000 | $32K | Add +40.0% |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 25,000 | $32K | Add +92.3% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 26,000 | $30K | No change |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 32,000 | $28K | No change |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 26,000 | $28K | No change |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 19,000 | $27K | No change |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 25,000 | $25K | New |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 25,000 | $24K | No change |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 25,000 | $24K | No change |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 25,000 | $24K | No change |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 13,000 | $23K | New |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 18,000 | $22K | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 16,000 | $21K | No change |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 12,000 | $21K | No change |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 17,000 | $21K | No change |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 10,000 | $21K | No change |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 25,000 | $20K | No change |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 13,000 | $20K | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 16,000 | $20K | No change |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 18,000 | $19K | Add +38.5% |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 16,000 | $19K | Add +23.1% |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 19,000 | $18K | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 12,000 | $17K | No change |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 15,000 | $16K | No change |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 14,000 | $16K | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 13,000 | $15K | New |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 18,000 | $15K | No change |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 12,000 | $15K | New |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 10,000 | $15K | Reduce -60.0% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 13,000 | $15K | No change |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 13,000 | $14K | No change |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 13,000 | $14K | New |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 13,000 | $13K | No change |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 13,000 | $13K | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 13,000 | $13K | No change |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 13,000 | $12K | No change |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 12,000 | $12K | Reduce -52.0% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 13,000 | $12K | No change |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 11,000 | $11K | No change |
Total filed on the 13F, all lines: $4.0B.
Portfolio Sells Q1 2025 → Q2 2025
| UPS United Parcel Service Class B | Reduce -89.6% | 0.17% | −1.71 |
| PG The Procter & Gamble Co. | Reduce -73.0% | 0.39% | −1.24 |
| CLF Cleveland-Cliffs Inc. | Reduce -99.5% | 0.00% | −0.63 |
| JPM JPMorgan Chase & Co. | Reduce -17.1% | 4.31% | −0.37 |
| JNJ Johnson & Johnson | Reduce -0.8% | 2.05% | −0.34 |
| SFBS Servisfirst Bancshares Inc. | Reduce -0.1% | 1.83% | −0.25 |
| EOG EOG Resources Inc. | Reduce -85.3% | 0.03% | −0.23 |
| HON Honeywell International Inc. | Reduce -8.3% | 1.80% | −0.10 |
| UNH Unitedhealth Group Inc. | Reduce -12.9% | 0.07% | −0.07 |
| MAA Mid-America Apartment Comm | Reduce -0.2% | 0.35% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -65.4% | 0.03% | −0.07 |
| UNP Union Pacific Corp. | Reduce -10.5% | 0.24% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -0.9% | 1.90% | −0.05 |
| MRSH Marsh & McLennan Cos | Reduce -4.2% | 0.13% | −0.03 |
| COP Conocophillips | Reduce -1.0% | 0.12% | −0.03 |
| AMGN Amgen Inc. | Reduce -13.7% | 0.08% | −0.03 |
| RSG Republic Services Inc. | Reduce -2.4% | 0.39% | −0.03 |
| SLB SLB Ltd. | Reduce -58.1% | 0.01% | −0.02 |
| LIN Linde PLC | Reduce -0.3% | 0.41% | −0.02 |
| GL Globe Life Inc. | Reduce -8.6% | 0.10% | −0.02 |
| KVUE Kenvue Inc. | Reduce -4.1% | 0.08% | −0.02 |
| ACN Accenture PLC Class A | Reduce -0.7% | 0.18% | −0.02 |
| GPN Global Payments Inc. | Reduce -5.5% | 0.05% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -17.4% | 0.03% | −0.02 |
| IWR iShares Russell Mid-Cap ETF | Reduce -8.1% | 0.24% | −0.02 |
| CB Chubb Ltd. | Reduce -0.5% | 0.14% | −0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -3.4% | 0.07% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -0.8% | 0.06% | −0.01 |
| STT State Street Corp. | Sold out | 0.00% | −0.01 |
| AGG iShares Core U.S. Aggregate | Reduce -2.5% | 0.15% | −0.01 |
| NOC Northrop Grumman Corp. | Reduce -1.4% | 0.12% | −0.01 |
| ABT Abbott Laboratories | Reduce -0.5% | 0.27% | −0.01 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.01 |
| TPL Texas Pacific Land Corp. | Reduce -17.9% | 0.01% | −0.01 |
| VMC Vulcan Materials Co. | Reduce -10.9% | 0.13% | −0.01 |
| CPRT Copart Inc. | Sold out | 0.00% | −0.01 |
| DUK Duke Energy Corp. | Reduce -0.3% | 0.08% | −0.01 |
| JOE The St Joe Co. | Reduce -31.8% | 0.01% | −0.01 |
| ICE Intercontinental Exchange Inc. | Reduce -35.5% | 0.01% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -0.1% | 0.18% | −0.01 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.01 |
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −0.01 |
| APD Air Products & Chemicals Inc. | Reduce -2.0% | 0.05% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -9.2% | 0.05% | −0.01 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.01 |
| SHOP Shopify Inc. Class A | Reduce -29.7% | 0.02% | −0.01 |
| CRH CRH PLC | Reduce -43.7% | 0.01% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Sold out | 0.00% | −0.01 |
| GM General Motors Co. | Reduce -49.2% | 0.01% | −0.01 |
| HAL Halliburton Co. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| SJM The JM Smucker Co. | New | 1.32% | +1.32 |
| MSFT Microsoft Corp. | Add +0.7% | 5.54% | +1.12 |
| PSX Phillips 66 | Add +71.0% | 2.67% | +0.95 |
| AVGO Broadcom Inc. | Add +6.9% | 1.16% | +0.46 |
| META Meta Platforms Inc. Class A | Add +3.0% | 1.96% | +0.38 |
| AMZN Amazon.com Inc. | Add +2.1% | 3.42% | +0.33 |
| GOOGL Alphabet Inc. Class A | Add +0.6% | 3.85% | +0.28 |
| AXP American Express Co. | Add +1693.2% | 0.25% | +0.24 |
| VRT Vertiv Holdings Co. Class A | Add +890.4% | 0.25% | +0.24 |
| NVDA Nvidia Corp. | Add +11.2% | 0.68% | +0.23 |
| RSP Invesco S&P 500 Equal Weight | Add +744.1% | 0.23% | +0.20 |
| ETN Eaton Corp. PLC | Add +367.5% | 0.22% | +0.18 |
| CSCO Cisco Systems Inc. | Add +0.6% | 2.73% | +0.16 |
| KLAC KLA Corp. | New | 0.12% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.9% | 0.49% | +0.11 |
| IVV iShares Core S&P 500 ETF | Add +0.7% | 1.88% | +0.08 |
| GEV GE Vernova Inc. | Add +71.2% | 0.13% | +0.08 |
| CEG Constellation Energy | Add +269.9% | 0.08% | +0.07 |
| ISRG Intuitive Surgical Inc. | Add +173.2% | 0.09% | +0.06 |
| AR Antero Resources Corp. | Add +704.6% | 0.07% | +0.06 |
| PEP Pepsico Inc. | Add +85.8% | 0.17% | +0.06 |
| VST Vistra Corp. | New | 0.06% | +0.06 |
| CMG Chipotle Mexican Grill Inc. | Add +271.7% | 0.08% | +0.06 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.1% | 0.53% | +0.06 |
| WMB Williams Cos Inc. | Add +75.2% | 0.13% | +0.06 |
| EQT Eqt Corp. | Add +262.5% | 0.07% | +0.05 |
| TLN Talen Energy Corp. | New | 0.05% | +0.05 |
| KMI Kinder Morgan Inc. | Add +224.2% | 0.07% | +0.05 |
| CNX CNX Resources Corp. | New | 0.05% | +0.05 |
| RRC Range Resources Corp. | New | 0.05% | +0.05 |
| MS Morgan Stanley | Add +0.2% | 0.36% | +0.04 |
| PWR Quanta Services Inc. | New | 0.04% | +0.04 |
| NRG NRG Energy Inc. | New | 0.03% | +0.03 |
| INTU Intuit Inc. | Add +5.0% | 0.15% | +0.03 |
| HUBB Hubbell Inc. | New | 0.03% | +0.03 |
| CAT Caterpillar Inc. | Add +25.1% | 0.10% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +0.8% | 0.54% | +0.02 |
| UL Unilever PLC | Add +104.9% | 0.05% | +0.02 |
| IDXX Idexx Laboratories Inc. | Add +9.6% | 0.09% | +0.02 |
| KMB Kimberly-Clark Corp. | Add +267.1% | 0.03% | +0.02 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +2.4% | 0.32% | +0.02 |
| KYN Kayne Anderson Energy Infra | Add +532.9% | 0.02% | +0.02 |
| URNM Sprott Uranium Miners ETF | New | 0.02% | +0.02 |
| ARES Ares Management Corp. Class A | Add +227.7% | 0.03% | +0.02 |
| XEL Xcel Energy Inc. | New | 0.02% | +0.02 |
| ADBE Adobe Inc. | Add +23.0% | 0.12% | +0.02 |
| CCJ Cameco Corp. | New | 0.02% | +0.02 |
| FCX Freeport-McMoran Inc. | Add +44.3% | 0.05% | +0.02 |
| AEP American Electric Power | Add +96.9% | 0.04% | +0.02 |
| FBTC Fidelity Wise Origin Bitcoin | Add +73.9% | 0.03% | +0.02 |
Options Activity Q1 2025 → Q2 2025
| PALO ALTO NETWORKS INC | call | Reduce -1.4% | 2,718 | $3.2M |
| ELI LILLY & CO | call | Sold out | 234 | $1.0Mbefore exit |
| JPMORGAN CHASE & CO | call | Sold out | 1,207 | $537Kbefore exit |
| WALMART INC | call | Sold out | 4,862 | $418Kbefore exit |
| EQT CORP | call | New | 220 | $359K |
| ANTERO RESOURCES CORP | call | New | 350 | $326K |
| RANGE RES CORP | call | New | 550 | $319K |
| VISTRA CORP | call | New | 50 | $319K |
| TALEN ENERGY CORP | call | New | 30 | $314K |
| OKLO INC | call | New | 100 | $300K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Add +3.3% | 8,070 | $428K |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | Sold out | 23,000 | $57Kbefore exit |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Add +48.0% | 37,000 | $44K |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Add +48.0% | 37,000 | $44K |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | New | 23,000 | $41K |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 38,000 | $36Kbefore exit |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | Reduce -42.9% | 36,000 | $36K |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | New | 18,000 | $34K |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Add +40.0% | 21,000 | $32K |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | Add +92.3% | 25,000 | $32K |
| FIVE9 INC (FIVN 0.5 06/01/25) | NOTE 0.500% 6/0 · principal | Sold out | 26,000 | $26Kbefore exit |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | New | 25,000 | $25K |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Sold out | 10,000 | $23Kbefore exit |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | New | 13,000 | $23K |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Add +38.5% | 18,000 | $19K |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Sold out | 13,000 | $19Kbefore exit |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | Add +23.1% | 16,000 | $19K |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | New | 13,000 | $15K |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | New | 12,000 | $15K |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Reduce -60.0% | 10,000 | $15K |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | New | 13,000 | $14K |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | Sold out | 13,000 | $13Kbefore exit |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Reduce -52.0% | 12,000 | $12K |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Sold out | 11,000 | $11Kbefore exit |
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 |