UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 19, 2025), UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reported 2,624 stock positions worth $390.5 billion. Its top holding was Microsoft (MSFT) at 6.0% of the portfolio, followed by Nvidia (NVDA, 5.7%) and Meta Platforms Class A (META, 1.9%). Compared with Q4 2024, it opened 102 new positions, sold out of 94, added to 1,793 and reduced 646. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +14%) and the biggest sale Apple (AAPL, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000861177
- Portfolio Value
- $390.5B (Q1 2025)
- SEC Filing
- 0000950123-25-005812 ↗ filed May 19, 2025
Holdings Value
Holdings 2,624 stocks · $390.5B
| MSFT Microsoft Corp. | 5.99% | 62,267,822 | $23.4B | Add +3.9% |
| NVDA Nvidia Corp. | 5.74% | 206,794,926 | $22.4B | Add +2.9% |
| META Meta Platforms Inc. Class A | 1.85% | 12,543,468 | $7.2B | Add +4.5% |
| GOOGL Alphabet Inc. Class A | 1.74% | 43,865,520 | $6.8B | Add +11.4% |
| TSLA Tesla Inc. | 1.56% | 23,524,660 | $6.1B | Reduce -4.1% |
| AVGO Broadcom Inc. | 1.51% | 35,243,467 | $5.9B | Add +2.5% |
| LLY Eli Lilly & Co. | 1.43% | 6,777,591 | $5.6B | Reduce -4.3% |
| GOOG Alphabet Inc. Class C | 1.28% | 32,040,704 | $5.0B | Reduce -6.0% |
| V Visa Inc. Class A | 1.28% | 14,277,146 | $5.0B | Add +7.2% |
| JPM JPMorgan Chase & Co. | 1.16% | 18,441,044 | $4.5B | Add +5.1% |
| MA Mastercard Inc. Class A | 1.01% | 7,177,306 | $3.9B | Add +2.0% |
| UNH Unitedhealth Group Inc. | 1.00% | 7,442,651 | $3.9B | Reduce -13.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.97% | 7,145,474 | $3.8B | Add +13.9% |
| HD Home Depot Inc. | 0.84% | 8,949,404 | $3.3B | Add +5.6% |
| COST Costco Wholesale Corp. | 0.78% | 3,226,620 | $3.1B | Reduce -1.8% |
| AAPL Apple Inc. | 0.76% | 13,369,814 | $3.0B | Reduce -87.2% |
| PG The Procter & Gamble Co. | 0.75% | 17,293,428 | $2.9B | Add +6.3% |
| NFLX Netflix Inc. | 0.72% | 3,007,215 | $2.8B | Add +11.0% |
| JNJ Johnson & Johnson | 0.69% | 16,354,767 | $2.7B | Add +5.9% |
| ABBV Abbvie Inc. | 0.69% | 12,771,854 | $2.7B | Add +5.9% |
| CRM Salesforce Inc. | 0.64% | 9,258,518 | $2.5B | Add +6.9% |
| WMT Walmart Inc. | 0.60% | 26,726,559 | $2.3B | Add +3.1% |
| CSCO Cisco Systems Inc. | 0.60% | 37,797,629 | $2.3B | Add +3.6% |
| UBS UBS Group AG-Reg | 0.59% | 74,893,429 | $2.3B | Add +1.9% |
| NOW ServiceNow Inc. | 0.58% | 2,843,117 | $2.3B | Add +7.1% |
| KO The Coca-Cola Co. | 0.57% | 30,889,415 | $2.2B | Add +6.2% |
| AMD Advanced Micro Devices | 0.56% | 21,363,923 | $2.2B | Reduce -0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.55% | 8,636,725 | $2.1B | Add +6.5% |
| ADBE Adobe Inc. | 0.54% | 5,468,383 | $2.1B | Add +2.4% |
| ORCL Oracle Corp. | 0.50% | 13,884,524 | $1.9B | Add +0.4% |
| ACN Accenture PLC Class A | 0.49% | 6,163,393 | $1.9B | Add +2.1% |
| VZ Verizon Communications Inc. | 0.49% | 41,993,829 | $1.9B | Add +8.0% |
| MRK Merck & Co. Inc. | 0.48% | 20,737,477 | $1.9B | Reduce -3.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.47% | 18,509,924 | $1.8B | Add +9.7% |
| INTU Intuit Inc. | 0.47% | 2,971,073 | $1.8B | Reduce -3.3% |
| PGR Progressive Corp. | 0.46% | 6,380,134 | $1.8B | Add +6.6% |
| PEP Pepsico Inc. | 0.44% | 11,525,812 | $1.7B | Add +1.8% |
| AMZN Amazon.com Inc. | 0.43% | 8,838,022 | $1.7B | Reduce -86.6% |
| ISRG Intuitive Surgical Inc. | 0.43% | 3,393,951 | $1.7B | Add +20.1% |
| XOM Exxon Mobil Corp. | 0.43% | 14,021,729 | $1.7B | Add +4.9% |
| SPGI S&P Global Inc. | 0.41% | 3,186,250 | $1.6B | Add +3.7% |
| MCD McDonald's Corp. | 0.41% | 5,142,473 | $1.6B | Add +2.5% |
| QCOM Qualcomm Inc. | 0.41% | 10,422,341 | $1.6B | Add +6.6% |
| T AT&T Inc. | 0.40% | 55,216,190 | $1.6B | Add +3.3% |
| GILD Gilead Sciences Inc. | 0.39% | 13,755,481 | $1.5B | Add +12.4% |
| GE General Electric filed as GE AEROSPACE | 0.39% | 7,676,180 | $1.5B | Add +6.8% |
| TXN Texas Instruments Inc. | 0.39% | 8,371,422 | $1.5B | Add +3.8% |
| LIN Linde PLC | 0.38% | 3,166,295 | $1.5B | Reduce -5.8% |
| AMGN Amgen Inc. | 0.37% | 4,652,342 | $1.4B | Reduce -9.3% |
| CVX Chevron Corp. | 0.36% | 8,497,288 | $1.4B | Add +7.2% |
| WFC Wells Fargo & Co. | 0.36% | 19,671,211 | $1.4B | Add +1.3% |
| CAT Caterpillar Inc. | 0.36% | 4,204,445 | $1.4B | Add +6.7% |
| ABT Abbott Laboratories | 0.35% | 10,443,759 | $1.4B | Reduce -2.1% |
| BMY Bristol-Myers Squibb Co. | 0.35% | 22,626,044 | $1.4B | Add +1.6% |
| AXP American Express Co. | 0.35% | 5,093,807 | $1.4B | Add +1.6% |
| TMO Thermo Fisher Scientific Inc. | 0.35% | 2,750,923 | $1.4B | Add +13.6% |
| INTC Intel Corp. | 0.34% | 59,205,468 | $1.3B | Reduce -6.4% |
| MRSH Marsh & McLennan Cos | 0.32% | 5,180,922 | $1.3B | Reduce -0.7% |
| BKNG Booking Holdings Inc. | 0.32% | 273,482 | $1.3B | Reduce -2.9% |
| WELL Welltower Inc. | 0.32% | 8,164,840 | $1.3B | Add +7.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.32% | 2,559,476 | $1.2B | Add +9.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.31% | 9,917,519 | $1.2B | Reduce -2.6% |
| CDNS Cadence Design SYS Inc. | 0.31% | 4,729,026 | $1.2B | Add +7.1% |
| CMCSA Comcast Corp. Class A | 0.30% | 32,184,008 | $1.2B | Reduce -9.0% |
| PANW Palo Alto Networks Inc. | 0.30% | 6,902,048 | $1.2B | Add +16.0% |
| ADP Automatic Data Processing | 0.30% | 3,848,307 | $1.2B | Add +2.0% |
| ELV Elevance Health Inc. | 0.30% | 2,676,203 | $1.2B | Add +13.8% |
| BLK BlackRock Inc. | 0.29% | 1,206,935 | $1.1B | Add +10.2% |
| BSX Boston Scientific Corp. | 0.29% | 11,299,942 | $1.1B | Add +4.3% |
| GS Goldman Sachs Group Inc. | 0.29% | 2,084,108 | $1.1B | Add +6.1% |
| BABA Alibaba Group Holding-SP ADR | 0.29% | 8,557,495 | $1.1B | Add +85.6% |
| MS Morgan Stanley | 0.29% | 9,652,910 | $1.1B | Add +4.8% |
| LOW Lowe's Cos Inc. | 0.29% | 4,789,416 | $1.1B | Reduce -4.9% |
| DHR Danaher Corp. | 0.29% | 5,447,964 | $1.1B | Reduce -4.0% |
| ALC Alcon Inc. filed as ALCON AG | 0.28% | 11,726,307 | $1.1B | Reduce -1.9% |
| UNP Union Pacific Corp. | 0.28% | 4,601,068 | $1.1B | Reduce -7.4% |
| AMP Ameriprise Financial Inc. | 0.28% | 2,244,788 | $1.1B | Add +55.0% |
| TMUS T-Mobile US Inc. | 0.28% | 4,050,797 | $1.1B | Add +4.4% |
| MELI MercadoLibre Inc. | 0.28% | 550,433 | $1.1B | Add +21.2% |
| PDD PDD Holdings Inc. | 0.27% | 8,985,969 | $1.1B | Add +899.2% |
| FISV Fiserv Inc. | 0.26% | 4,616,269 | $1.0B | Reduce -0.0% |
| EQIX Equinix Inc. | 0.26% | 1,243,446 | $1.0B | Add +8.4% |
| NEE Nextera Energy Inc. | 0.26% | 14,248,326 | $1.0B | Add +10.3% |
| SCHW Schwab (charles) Corp. | 0.26% | 12,833,440 | $1.0B | Add +10.1% |
| PLTR Palantir Technologies Inc. Class A | 0.25% | 11,668,082 | $984.8M | Add +10.8% |
| PFE Pfizer Inc. | 0.25% | 38,690,692 | $980.4M | Reduce -1.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.25% | 2,771,424 | $977.1M | Add +52.6% |
| LRCX Lam Research Corp. | 0.25% | 13,380,053 | $972.7M | Reduce -1.4% |
| ECL Ecolab Inc. | 0.25% | 3,805,952 | $964.9M | Add +4.0% |
| PM Philip Morris International | 0.24% | 5,992,023 | $951.1M | Reduce -3.5% |
| C Citigroup Inc. | 0.24% | 12,978,393 | $921.3M | Add +3.9% |
| UBER Uber Technologies Inc. | 0.23% | 12,420,690 | $905.0M | Add +3.3% |
| ADSK Autodesk Inc. | 0.23% | 3,454,264 | $904.3M | Add +13.1% |
| MCK McKesson Corp. | 0.22% | 1,284,881 | $864.7M | Add +16.5% |
| MU Micron Technology Inc. | 0.22% | 9,896,308 | $859.9M | Reduce -7.9% |
| DE Deere & Co. | 0.22% | 1,815,817 | $852.3M | Add +2.0% |
| RTX RTX Corp. | 0.22% | 6,379,460 | $845.0M | Add +5.3% |
| CB Chubb Ltd. | 0.22% | 2,784,053 | $840.8M | Add +1.1% |
| COF Capital One Financial Corp. | 0.21% | 4,677,128 | $838.6M | Add +45.1% |
| CI The Cigna Group | 0.21% | 2,466,906 | $811.6M | Reduce -1.1% |
Other holdings (14): bonds, preferreds, convertibles and warrants · $2.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 500,000 | $494K | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 300 | $360K | Reduce -25.0% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 150,000 | $183K | Reduce -85.8% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 150,000 | $181K | Reduce -83.6% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 170,000 | $167K | New |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 175,000 | $151K | Reduce -87.2% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 120,000 | $143K | New |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 100,000 | $133K | New |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 100,000 | $128K | Reduce -96.4% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 100,000 | $106K | New |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 100,000 | $103K | Reduce -87.8% |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 70,000 | $75K | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 60,000 | $58K | Reduce -99.2% |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | 26,666 | $507 | No change |
Total filed on the 13F, all lines: $390.5B.
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -87.2% | 0.76% | −5.36 |
| AMZN Amazon.com Inc. | Reduce -86.6% | 0.43% | −2.95 |
| TSLA Tesla Inc. | Reduce -4.1% | 1.56% | −0.75 |
| BAC Bank of America Corp. | Reduce -87.2% | 0.06% | −0.40 |
| AMAT Applied Materials Inc. | Reduce -85.9% | 0.05% | −0.29 |
| GOOG Alphabet Inc. Class C | Reduce -6.0% | 1.28% | −0.23 |
| PLD Prologis Inc. | Reduce -86.3% | 0.04% | −0.22 |
| AMT American Tower Corp. | Reduce -81.7% | 0.04% | −0.14 |
| TRV The Travelers Cos Inc. | Reduce -77.9% | 0.04% | −0.11 |
| SLB SLB Ltd. | Reduce -86.6% | 0.02% | −0.08 |
| AVB Avalonbay Communities Inc. | Reduce -89.6% | 0.01% | −0.08 |
| AWK American Water Works Co. Inc. | Reduce -75.9% | 0.02% | −0.05 |
| AMD Advanced Micro Devices | Reduce -0.2% | 0.56% | −0.04 |
| AEP American Electric Power | Reduce -88.9% | 0.01% | −0.04 |
| DLR Digital Realty Trust Inc. | Reduce -4.2% | 0.17% | −0.03 |
| TTD Trade Desk Inc./the Class A | Reduce -1.5% | 0.03% | −0.03 |
| CF CF Industries Holdings Inc. | Reduce -51.0% | 0.03% | −0.03 |
| WDC Western Digital Corp. | Reduce -27.4% | 0.03% | −0.03 |
| EIX Edison International | Reduce -9.4% | 0.07% | −0.03 |
| CEG Constellation Energy | Reduce -21.7% | 0.09% | −0.02 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -99.2% | 0.00% | −0.02 |
| VRT Vertiv Holdings Co. Class A | Reduce -12.6% | 0.04% | −0.02 |
| OXY Occidental Petroleum Corp. | Reduce -86.5% | 0.00% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -3.8% | 0.48% | −0.02 |
| AMH American Homes 4 Rent- A | Reduce -88.8% | 0.00% | −0.02 |
| ENPH Enphase Energy Inc. | Reduce -55.9% | 0.02% | −0.02 |
| XYZ Block Inc. | Reduce -4.4% | 0.04% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -81.0% | 0.00% | −0.02 |
| DHR Danaher Corp. | Reduce -4.0% | 0.29% | −0.02 |
| APO Apollo Global Management Inc. | Reduce -0.1% | 0.17% | −0.02 |
| BBD Banco Bradesco-ADR | Sold out | 0.00% | −0.02 |
| NLY Annaly Capital Management Inc. | Reduce -85.0% | 0.00% | −0.02 |
| LULU Lululemon Athletica Inc. | Reduce -0.6% | 0.07% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -13.4% | 1.00% | −0.02 |
| SHOP Shopify Inc. Class A | Reduce -26.1% | 0.04% | −0.01 |
| AVTR Avantor Inc. | Reduce -23.4% | 0.03% | −0.01 |
| NKE Nike Inc. Class B | Reduce -0.3% | 0.17% | −0.01 |
| NARI Inari Medical Inc. | Sold out | 0.00% | −0.01 |
| OLED Universal Display Corp. | Reduce -39.4% | 0.02% | −0.01 |
| RRX Regal Rexnord Corp. | Reduce -11.4% | 0.03% | −0.01 |
| PPLI People Inc. | Reduce -67.7% | 0.01% | −0.01 |
| LVS Las Vegas Sands Corp. | Reduce -19.0% | 0.03% | −0.01 |
| OHI Omega Healthcare Investors | Reduce -79.4% | 0.00% | −0.01 |
| AZPN Aspen Technology Inc. | Sold out | 0.00% | −0.01 |
| LYFT LYFT Inc. Class A | Reduce -31.2% | 0.03% | −0.01 |
| EDU New Oriental Educatio-SP ADR | Reduce -99.9% | 0.00% | −0.01 |
| REGN Regeneron Pharmaceuticals | Reduce -4.3% | 0.15% | −0.01 |
| TTWO Take-Two Interactive Softwre | Reduce -23.4% | 0.18% | −0.01 |
| APA Apa Corp. | Reduce -35.1% | 0.02% | −0.01 |
| PWR Quanta Services Inc. | Reduce -0.2% | 0.07% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Add +13.9% | 0.97% | +0.31 |
| V Visa Inc. Class A | Add +7.2% | 1.28% | +0.30 |
| PDD PDD Holdings Inc. | Add +899.2% | 0.27% | +0.25 |
| META Meta Platforms Inc. Class A | Add +4.5% | 1.85% | +0.21 |
| BABA Alibaba Group Holding-SP ADR | Add +85.6% | 0.29% | +0.20 |
| ABBV Abbvie Inc. | Add +5.9% | 0.69% | +0.19 |
| JPM JPMorgan Chase & Co. | Add +5.1% | 1.16% | +0.18 |
| JNJ Johnson & Johnson | Add +5.9% | 0.69% | +0.17 |
| NFLX Netflix Inc. | Add +11.0% | 0.72% | +0.15 |
| KO The Coca-Cola Co. | Add +6.2% | 0.57% | +0.14 |
| MA Mastercard Inc. Class A | Add +2.0% | 1.01% | +0.14 |
| IBM Intl Business Machines Corp. | Add +6.5% | 0.55% | +0.13 |
| GILD Gilead Sciences Inc. | Add +12.4% | 0.39% | +0.13 |
| APH Amphenol Corp. Class A | Add +639.0% | 0.15% | +0.13 |
| PGR Progressive Corp. | Add +6.6% | 0.46% | +0.13 |
| VZ Verizon Communications Inc. | Add +8.0% | 0.49% | +0.12 |
| PG The Procter & Gamble Co. | Add +6.3% | 0.75% | +0.12 |
| T AT&T Inc. | Add +3.3% | 0.40% | +0.12 |
| GE General Electric | Add +6.8% | 0.39% | +0.11 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +52.6% | 0.25% | +0.11 |
| VRTX Vertex Pharmaceuticals Inc. | Add +9.9% | 0.32% | +0.10 |
| AMP Ameriprise Financial Inc. | Add +55.0% | 0.28% | +0.10 |
| CVX Chevron Corp. | Add +7.2% | 0.36% | +0.10 |
| WELL Welltower Inc. | Add +7.0% | 0.32% | +0.10 |
| ELV Elevance Health Inc. | Add +13.8% | 0.30% | +0.10 |
| MELI MercadoLibre Inc. | Add +21.2% | 0.28% | +0.09 |
| CSCO Cisco Systems Inc. | Add +3.6% | 0.60% | +0.09 |
| XOM Exxon Mobil Corp. | Add +4.9% | 0.43% | +0.09 |
| MSFT Microsoft Corp. | Add +3.9% | 5.99% | +0.09 |
| ISRG Intuitive Surgical Inc. | Add +20.1% | 0.43% | +0.09 |
| COF Capital One Financial Corp. | Add +45.1% | 0.21% | +0.08 |
| SPOT Spotify Technology SA | Add +39.9% | 0.17% | +0.08 |
| TMUS T-Mobile US Inc. | Add +4.4% | 0.28% | +0.08 |
| MCK McKesson Corp. | Add +16.5% | 0.22% | +0.07 |
| WM Waste Management Inc. | Add +26.9% | 0.20% | +0.07 |
| MCD McDonald's Corp. | Add +2.5% | 0.41% | +0.07 |
| HD Home Depot Inc. | Add +5.6% | 0.84% | +0.07 |
| HDB HDFC Bank Ltd.-ADR | Add +3715.5% | 0.07% | +0.07 |
| UBS UBS Group AG-Reg | Add +1.9% | 0.59% | +0.07 |
| PLTR Palantir Technologies Inc. Class A | Add +10.8% | 0.25% | +0.07 |
| BSX Boston Scientific Corp. | Add +4.3% | 0.29% | +0.07 |
| UBER Uber Technologies Inc. | Add +3.3% | 0.23% | +0.06 |
| BMY Bristol-Myers Squibb Co. | Add +1.6% | 0.35% | +0.06 |
| QCOM Qualcomm Inc. | Add +6.6% | 0.41% | +0.06 |
| SPGI S&P Global Inc. | Add +3.7% | 0.41% | +0.06 |
| TMO Thermo Fisher Scientific Inc. | Add +13.6% | 0.35% | +0.06 |
| SCHW Schwab (charles) Corp. | Add +10.1% | 0.26% | +0.06 |
| WMT Walmart Inc. | Add +3.1% | 0.60% | +0.05 |
| CME Cme Group Inc. | Add +11.9% | 0.19% | +0.05 |
| RTX RTX Corp. | Add +5.3% | 0.22% | +0.05 |
Notes & Other Activity Q4 2024 → Q1 2025
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Sold out | 14,151,000 | $15.6Mbefore exit |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Sold out | 12,522,000 | $12.8Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Sold out | 12,147,000 | $11.8Mbefore exit |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Sold out | 3,741,000 | $4.3Mbefore exit |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Sold out | 3,823,000 | $3.9Mbefore exit |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Sold out | 3,109,000 | $3.4Mbefore exit |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Sold out | 2,347,000 | $2.9Mbefore exit |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Sold out | 1,950,000 | $2.5Mbefore exit |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | Sold out | 2,355,000 | $2.4Mbefore exit |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | Sold out | 2,010,000 | $2.3Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | Sold out | 2,007,000 | $2.1Mbefore exit |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Sold out | 1,753,000 | $1.8Mbefore exit |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Sold out | 1,634,000 | $1.8Mbefore exit |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Sold out | 1,654,000 | $1.7Mbefore exit |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Sold out | 1,797,000 | $1.6Mbefore exit |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Sold out | 1,459,000 | $1.6Mbefore exit |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Sold out | 1,435,000 | $1.5Mbefore exit |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Sold out | 1,160,000 | $1.4Mbefore exit |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | Sold out | 1,334,000 | $1.4Mbefore exit |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | Sold out | 976,000 | $1.2Mbefore exit |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | Sold out | 887,000 | $1.0Mbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Sold out | 900,000 | $968Kbefore exit |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Sold out | 1,057,000 | $945Kbefore exit |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Sold out | 701,000 | $933Kbefore exit |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Sold out | 700,000 | $886Kbefore exit |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Sold out | 563,000 | $701Kbefore exit |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Sold out | 550,000 | $586Kbefore exit |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Sold out | 322,000 | $448Kbefore exit |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -25.0% | 300 | $360K |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Sold out | 300,000 | $302Kbefore exit |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Sold out | 10,937 | $301Kbefore exit |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | Sold out | 277,000 | $293Kbefore exit |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Reduce -85.8% | 150,000 | $183K |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Reduce -83.6% | 150,000 | $181K |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | New | 170,000 | $167K |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Reduce -87.2% | 175,000 | $151K |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | New | 120,000 | $143K |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | New | 100,000 | $133K |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Reduce -96.4% | 100,000 | $128K |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | New | 100,000 | $106K |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | Reduce -87.8% | 100,000 | $103K |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | New | 70,000 | $75K |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Reduce -99.2% | 60,000 | $58K |
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 | 3,678 | $548.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 3,798 | $480.9B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 3,278 | $472.9B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q3 2025 | 2,265 | $460.5B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q2 2025 | 2,599 | $494.0B | NVDA, AAPL, AMZN, AVGO, META |
| Q1 2025 | 2,624 | $390.5B | MSFT, NVDA, META, GOOGL, TSLA |
| Q4 2024 | 2,614 | $428.7B | NVDA, AAPL, MSFT, AMZN, TSLA |
| Q3 2024 | 2,705 | $389.0B | MSFT, NVDA, AAPL, AMZN, META |
| Q2 2024 | 2,701 | $348.4B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2024 | 2,455 | $279.8B | MSFT, AAPL, NVDA, AMZN, GOOGL |