Union Bancaire Privee, UBP SA
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 16, 2025), Union Bancaire Privee, UBP SA reported 456 stock positions worth $5.1 billion. Its top holding was Microsoft (MSFT) at 22.4% of the portfolio, followed by Amazon.com (AMZN, 5.1%) and Visa Class A (V, 4.2%). Compared with Q4 2024, it opened 29 new positions, sold out of 63, added to 100 and reduced 214. The biggest buy was Chevron (CVX, shares +448%) and the biggest sale Johnson & Johnson (JNJ, shares −74%).
- Most Recent 13F
- Q2 2026
- Location
- GENEVA 1, V8
- CIK
- 0001716607
- Portfolio Value
- $5.1B (Q1 2025)
- SEC Filing
- 0001716607-25-000009 ↗ filed Apr 16, 2025
Holdings Value
Holdings 456 stocks · $5.1B
| MSFT Microsoft Corp. | 22.38% | 991,541 | $1.1B | Reduce -1.0% |
| AMZN Amazon.com Inc. | 5.11% | 1,390,789 | $258.9M | Reduce -2.9% |
| V Visa Inc. Class A | 4.19% | 638,523 | $212.2M | Reduce -2.8% |
| GOOG Alphabet Inc. Class C | 3.21% | 1,035,110 | $162.6M | Reduce -3.6% |
| AAPL Apple Inc. | 2.82% | 689,413 | $143.1M | Add +3.4% |
| SPGI S&P Global Inc. | 2.74% | 281,103 | $139.0M | Reduce -4.5% |
| NVDA Nvidia Corp. | 2.66% | 1,267,678 | $134.7M | Add +14.4% |
| GOOGL Alphabet Inc. Class A | 2.26% | 824,748 | $114.5M | Add +0.9% |
| AVGO Broadcom Inc. | 2.24% | 684,538 | $113.6M | Add +118.6% |
| META Meta Platforms Inc. Class A | 2.13% | 194,928 | $108.1M | Reduce -1.9% |
| NDAQ Nasdaq Inc. | 2.13% | 1,455,266 | $107.8M | Add +1.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.96% | 606,531 | $99.2M | Add +31.2% |
| INTU Intuit Inc. | 1.87% | 159,936 | $95.0M | Reduce -4.2% |
| JPM JPMorgan Chase & Co. | 1.60% | 338,885 | $81.1M | Add +19.1% |
| ECL Ecolab Inc. | 1.58% | 324,890 | $80.2M | Reduce -5.5% |
| CRM Salesforce Inc. | 1.58% | 296,436 | $79.9M | Reduce -5.6% |
| ROP Roper Technologies Inc. | 1.49% | 130,933 | $75.3M | Reduce -2.9% |
| MA Mastercard Inc. Class A | 1.37% | 126,402 | $69.6M | Reduce -23.1% |
| TMO Thermo Fisher Scientific Inc. | 1.33% | 136,277 | $67.6M | Reduce -2.3% |
| MCD McDonald's Corp. | 1.27% | 209,345 | $64.2M | Reduce -6.0% |
| DHR Danaher Corp. | 1.25% | 309,552 | $63.4M | Reduce -5.4% |
| ADBE Adobe Inc. | 1.25% | 165,215 | $63.3M | Reduce -5.8% |
| LLY Eli Lilly & Co. | 1.22% | 78,206 | $61.9M | Add +17.2% |
| CVX Chevron Corp. | 1.17% | 362,228 | $59.3M | Add +448.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.02% | 98,271 | $51.9M | Add +12.3% |
| PANW Palo Alto Networks Inc. | 0.99% | 301,266 | $50.3M | Add +1.9% |
| AMAT Applied Materials Inc. | 0.99% | 75,411 | $50.2M | Reduce -19.9% |
| ORCL Oracle Corp. | 0.92% | 341,128 | $46.4M | Add +6.9% |
| PG The Procter & Gamble Co. | 0.90% | 273,705 | $45.6M | Reduce -10.7% |
| NOW ServiceNow Inc. | 0.85% | 55,427 | $43.2M | Add +16.5% |
| PWR Quanta Services Inc. | 0.77% | 158,179 | $39.0M | Add +6.0% |
| RSG Republic Services Inc. | 0.77% | 165,193 | $38.9M | Add +5.8% |
| KO The Coca-Cola Co. | 0.71% | 508,606 | $36.2M | Add +23.6% |
| PH Parker Hannifin Corp. | 0.68% | 58,876 | $34.6M | Add +10.5% |
| ABT Abbott Laboratories | 0.64% | 250,622 | $32.5M | Reduce -5.0% |
| MSI Motorola Solutions Inc. | 0.61% | 73,300 | $30.9M | Add +34.9% |
| HD Home Depot Inc. | 0.57% | 81,486 | $28.9M | Reduce -3.8% |
| MRSH Marsh & McLennan Cos | 0.56% | 118,911 | $28.5M | Add +139.8% |
| UNH Unitedhealth Group Inc. | 0.51% | 52,452 | $25.8M | Reduce -5.3% |
| JNJ Johnson & Johnson | 0.48% | 157,007 | $24.5M | Reduce -74.0% |
| NFLX Netflix Inc. | 0.48% | 26,988 | $24.2M | Add +89.0% |
| BSX Boston Scientific Corp. | 0.46% | 238,681 | $23.2M | Reduce -37.6% |
| WMT Walmart Inc. | 0.43% | 256,366 | $21.8M | Add +114.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.39% | 35,225 | $20.0M | Reduce -39.2% |
| UNP Union Pacific Corp. | 0.39% | 84,030 | $19.7M | Reduce -10.0% |
| MCK McKesson Corp. | 0.37% | 28,298 | $18.8M | Add +423.2% |
| HON Honeywell International Inc. | 0.36% | 98,351 | $18.3M | Add +0.1% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.33% | 325,577 | $16.6M | Reduce -0.3% |
| PLTR Palantir Technologies Inc. Class A | 0.32% | 216,823 | $16.4M | No change |
| VCIT Vanguard Int-Term Corporate | 0.31% | 195,119 | $15.7M | Add +4.2% |
| LAUR Laureate Education Inc. | 0.30% | 737,156 | $15.2M | Reduce -9.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.27% | 171,355 | $13.5M | Reduce -9.5% |
| CSCO Cisco Systems Inc. | 0.26% | 41,551 | $13.2M | Reduce -28.9% |
| TOL Toll Brothers Inc. | 0.25% | 121,100 | $12.8M | No change |
| AZO AutoZone Inc. | 0.24% | 3,450 | $12.3M | Add +4.4% |
| SPIB SS SPDR P Int C Corp. ETF | 0.24% | 363,549 | $12.1M | No change |
| GS Goldman Sachs Group Inc. | 0.24% | 23,118 | $12.0M | Reduce -60.7% |
| FISV Fiserv Inc. | 0.23% | 56,745 | $11.7M | Reduce -0.8% |
| OKTA Okta Inc. | 0.23% | 111,345 | $11.4M | Add +2.5% |
| AMD Advanced Micro Devices | 0.22% | 116,122 | $11.4M | Reduce -60.1% |
| QCOM Qualcomm Inc. | 0.20% | 68,878 | $10.2M | Reduce -1.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.18% | 20,452 | $9.2M | Reduce -27.7% |
| WDAY Workday Inc. Class A | 0.18% | 39,930 | $9.1M | Add +11.8% |
| CMG Chipotle Mexican Grill Inc. | 0.18% | 191,599 | $9.0M | Reduce -65.6% |
| COST Costco Wholesale Corp. | 0.18% | 10,156 | $8.9M | Add +3.6% |
| URI United Rentals Inc. | 0.17% | 14,651 | $8.7M | Reduce -39.1% |
| CAT Caterpillar Inc. | 0.17% | 26,844 | $8.4M | Add +25.1% |
| CDNS Cadence Design SYS Inc. | 0.16% | 34,467 | $8.3M | Reduce -1.2% |
| C Citigroup Inc. | 0.16% | 120,532 | $8.2M | Reduce -19.4% |
| JNPR Juniper Networks Inc. | 0.16% | 234,052 | $7.9M | Reduce -3.6% |
| CBRE CBRE Group Inc. Class A | 0.15% | 57,500 | $7.5M | No change |
| XOM Exxon Mobil Corp. | 0.15% | 59,634 | $7.4M | Reduce -87.3% |
| MRK Merck & Co. Inc. | 0.14% | 86,826 | $7.2M | Reduce -68.9% |
| PEP Pepsico Inc. | 0.14% | 50,243 | $7.0M | Reduce -21.5% |
| UBER Uber Technologies Inc. | 0.13% | 98,268 | $6.8M | Reduce -12.8% |
| ISRG Intuitive Surgical Inc. | 0.13% | 14,301 | $6.8M | Add +12.1% |
| DUK Duke Energy Corp. | 0.13% | 58,575 | $6.5M | Add +15.5% |
| TEAM Atlassian Corp. Class A | 0.12% | 29,099 | $6.0M | Add +131.3% |
| DT Dynatrace Inc. | 0.12% | 128,720 | $5.9M | Add +3.7% |
| MELI MercadoLibre Inc. | 0.11% | 2,767 | $5.5M | Add +219.5% |
| PDD PDD Holdings Inc. | 0.11% | 46,976 | $5.4M | Add +223.9% |
| SPG Simon Property Group Inc. | 0.11% | 32,100 | $5.3M | No change |
| CMI Cummins Inc. | 0.10% | 17,747 | $5.3M | Reduce -4.5% |
| MRVL Marvell Technology Inc. | 0.10% | 83,757 | $5.1M | Reduce -45.9% |
| JLL Jones Lang Lasalle Inc. | 0.10% | 20,300 | $5.0M | No change |
| MS Morgan Stanley | 0.10% | 45,281 | $5.0M | Add +33.7% |
| TXN Texas Instruments Inc. | 0.10% | 29,617 | $4.9M | Reduce -15.5% |
| ACWI iShares MSCI Acwi ETF | 0.10% | 39,001 | $4.9M | Reduce -74.7% |
| IBKR Interactive Brokers Gro Class A | 0.10% | 31,084 | $4.8M | Add +37.0% |
| WM Waste Management Inc. | 0.09% | 21,446 | $4.8M | Add +0.7% |
| GLD SPDR Gold Shares | 0.09% | 17,441 | $4.8M | Reduce -50.6% |
| BABA Alibaba Group Holding-SP ADR | 0.09% | 35,798 | $4.5M | Reduce -55.3% |
| NET Cloudflare Inc. Class A | 0.09% | 40,846 | $4.5M | New |
| GTLB Gitlab Inc. Class A | 0.09% | 96,854 | $4.5M | Add +46.1% |
| PFE Pfizer Inc. | 0.09% | 185,982 | $4.4M | Add +12.1% |
| ADSK Autodesk Inc. | 0.09% | 16,124 | $4.3M | Reduce -66.5% |
| DELL Dell Technologies -C | 0.08% | 47,761 | $4.2M | Add +24.7% |
| BKNG Booking Holdings Inc. | 0.08% | 919 | $4.2M | Add +83.4% |
| LNG Cheniere Energy Inc. | 0.08% | 19,209 | $4.2M | Add +59.5% |
| ANSS Ansys Inc. | 0.08% | 13,884 | $4.2M | Add +4.8% |
Other holdings (54): bonds, preferreds, convertibles and warrants · $128.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 10,908,000 | $9.7M | Add +10000.0% |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 2,812,000 | $6.3M | Add +5.0% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 4,520,000 | $5.5M | Add +14.9% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 5,677,000 | $5.3M | Add +30.3% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 5,980,000 | $4.8M | Reduce -2.0% |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 3,922,000 | $4.6M | Add +8.7% |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 1,405,000 | $4.6M | Add +15.2% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 4,505,000 | $4.4M | Add +3.2% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 3,810,000 | $4.3M | New |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 4,115,000 | $4.3M | Reduce -15.6% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 3,705,000 | $4.2M | Reduce -31.1% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 2,975,000 | $4.0M | Add +59.5% |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 3,440,000 | $4.0M | Add +20.1% |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 3,579,000 | $3.9M | Add +53.3% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 3,236,000 | $3.6M | Reduce -31.8% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 2,675,000 | $3.4M | Add +12.6% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 3,254,000 | $3.2M | Reduce -10.6% |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 3,560,000 | $3.2M | Add +17.7% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 3,025,000 | $3.1M | Add +17.5% |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 2,770,000 | $3.0M | Add +276.9% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 3,140,000 | $2.9M | No change |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 3,025,000 | $2.8M | Add +14.2% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 2,005,000 | $2.6M | Add +24.9% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 2,945,000 | $2.6M | Add +13.5% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 2,205,000 | $2.4M | Add +46.5% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 2,130,000 | $2.3M | No change |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 2,555,000 | $2.3M | No change |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 1,885,000 | $1.9M | Reduce -22.3% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 2,075,000 | $1.8M | Add +4.3% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,480 | $1.7M | New |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 1,795,000 | $1.6M | Reduce -81.5% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 1,817,000 | $1.6M | Reduce -48.4% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 1,460,000 | $1.4M | Reduce -68.6% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 1,425,000 | $1.3M | Add +9.6% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 1,175,000 | $1.3M | Add +34.3% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 1,145,000 | $1.2M | Reduce -65.3% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 850,000 | $932K | No change |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 991,000 | $837K | Add +403.1% |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 575,000 | $806K | Reduce -11.5% |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 655,000 | $595K | Reduce -24.5% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 500,000 | $594K | No change |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 520,000 | $580K | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 525,000 | $567K | No change |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 480,000 | $526K | No change |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 750,000 | $511K | No change |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 401,000 | $368K | Reduce -15.9% |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 400,000 | $334K | Reduce -11.1% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 330,000 | $311K | Add +148.1% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 258,000 | $256K | New |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 226,000 | $232K | No change |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 161,000 | $142K | Reduce -69.7% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 118,000 | $110K | Reduce -79.5% |
| SABRE GLBL INC (SABHLD 4 04/15/25) | NOTE 4.000% 4/1 · principal | 69,000 | $69K | No change |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 60,000 | $64K | No change |
Total filed on the 13F, all lines: $5.2B.
Portfolio Sells Q4 2024 → Q1 2025
| JNJ Johnson & Johnson | Reduce -74.0% | 0.48% | −1.06 |
| XOM Exxon Mobil Corp. | Reduce -87.3% | 0.15% | −0.72 |
| SRE Sempra | Reduce -96.2% | 0.02% | −0.52 |
| GOOG Alphabet Inc. Class C | Reduce -3.6% | 3.21% | −0.46 |
| CMG Chipotle Mexican Grill Inc. | Reduce -65.6% | 0.18% | −0.41 |
| AMD Advanced Micro Devices | Reduce -60.1% | 0.22% | −0.39 |
| GS Goldman Sachs Group Inc. | Reduce -60.7% | 0.24% | −0.35 |
| ACWI iShares MSCI Acwi ETF | Reduce -74.7% | 0.10% | −0.35 |
| MRK Merck & Co. Inc. | Reduce -68.9% | 0.14% | −0.33 |
| AMZN Amazon.com Inc. | Reduce -2.9% | 5.11% | −0.31 |
| CRM Salesforce Inc. | Reduce -5.6% | 1.58% | −0.29 |
| SNPS Synopsys Inc. | Reduce -80.6% | 0.06% | −0.25 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -39.2% | 0.39% | −0.22 |
| MRVL Marvell Technology Inc. | Reduce -45.9% | 0.10% | −0.20 |
| AMAT Applied Materials Inc. | Reduce -19.9% | 0.99% | −0.18 |
| ADSK Autodesk Inc. | Reduce -66.5% | 0.09% | −0.16 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -68.7% | 0.08% | −0.15 |
| GDDY GoDaddy Inc. Class A | Reduce -98.1% | 0.00% | −0.14 |
| BSX Boston Scientific Corp. | Reduce -37.6% | 0.46% | −0.14 |
| MA Mastercard Inc. Class A | Reduce -23.1% | 1.37% | −0.13 |
| ADBE Adobe Inc. | Reduce -5.8% | 1.25% | −0.13 |
| URI United Rentals Inc. | Reduce -39.1% | 0.17% | −0.12 |
| NEM Newmont Corp. | Reduce -90.9% | 0.02% | −0.12 |
| DDOG Datadog Inc. Class A | Reduce -40.9% | 0.07% | −0.09 |
| DHR Danaher Corp. | Reduce -5.4% | 1.25% | −0.09 |
| EQIX Equinix Inc. | Reduce -93.9% | 0.00% | −0.08 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -27.7% | 0.18% | −0.07 |
| BSY Bentley Systems Inc. Class B | Sold out | 0.00% | −0.06 |
| EWJ iShares MSCI Japan ETF | Reduce -54.6% | 0.06% | −0.06 |
| EQT Eqt Corp. | Reduce -94.5% | 0.00% | −0.05 |
| EEM iShares MSCI Emerging Market | Reduce -56.8% | 0.05% | −0.05 |
| EWU iShares MSCI United Kingdom | Reduce -97.6% | 0.00% | −0.05 |
| GLD SPDR Gold Shares | Reduce -50.6% | 0.09% | −0.05 |
| XLF SS Financial Select Sector | Reduce -75.1% | 0.02% | −0.05 |
| FBIN Fortune Brands Innovations I | Sold out | 0.00% | −0.04 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.04 |
| IJH iShares Core S&P Midcap ETF | Reduce -45.1% | 0.05% | −0.04 |
| EMB iShares JP Morgan Usd Emergi | Reduce -40.9% | 0.08% | −0.04 |
| UPST Upstart Holdings Inc. | Sold out | 0.00% | −0.04 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.04 |
| CTSH Cognizant Tech Solutions-A | Reduce -97.8% | 0.00% | −0.03 |
| EWZ iShares MSCI Brazil ETF | Reduce -83.6% | 0.01% | −0.03 |
| PCTY Paylocity Holding Corp. | Reduce -68.3% | 0.02% | −0.03 |
| CNM Core & Main Inc. Class A | Reduce -64.1% | 0.02% | −0.03 |
| KEY Keycorp | Reduce -87.6% | 0.00% | −0.03 |
| PEP Pepsico Inc. | Reduce -21.5% | 0.14% | −0.03 |
| COR Cencora Inc. | Reduce -64.7% | 0.02% | −0.03 |
| PPG PPG Industries Inc. | Reduce -59.0% | 0.02% | −0.03 |
| KEYS Keysight Technologies Inc. | Reduce -60.5% | 0.02% | −0.03 |
| BABA Alibaba Group Holding-SP ADR | Reduce -55.3% | 0.09% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| CVX Chevron Corp. | Add +448.1% | 1.17% | +1.01 |
| AVGO Broadcom Inc. | Add +118.6% | 2.24% | +0.96 |
| JPM JPMorgan Chase & Co. | Add +19.1% | 1.60% | +0.41 |
| MRSH Marsh & McLennan Cos | Add +139.8% | 0.56% | +0.38 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +12.3% | 1.02% | +0.34 |
| LLY Eli Lilly & Co. | Add +17.2% | 1.22% | +0.33 |
| MCK McKesson Corp. | Add +423.2% | 0.37% | +0.32 |
| TSM Taiwan Semiconductor-SP ADR | Add +31.2% | 1.96% | +0.31 |
| KO The Coca-Cola Co. | Add +23.6% | 0.71% | +0.28 |
| NFLX Netflix Inc. | Add +89.0% | 0.48% | +0.26 |
| WMT Walmart Inc. | Add +114.8% | 0.43% | +0.24 |
| RSG Republic Services Inc. | Add +5.8% | 0.77% | +0.22 |
| MSI Motorola Solutions Inc. | Add +34.9% | 0.61% | +0.18 |
| NDAQ Nasdaq Inc. | Add +1.1% | 2.13% | +0.14 |
| PH Parker Hannifin Corp. | Add +10.5% | 0.68% | +0.09 |
| NET Cloudflare Inc. Class A | New | 0.09% | +0.09 |
| PDD PDD Holdings Inc. | Add +223.9% | 0.11% | +0.08 |
| MELI MercadoLibre Inc. | Add +219.5% | 0.11% | +0.08 |
| OKTA Okta Inc. | Add +2.5% | 0.23% | +0.08 |
| TEAM Atlassian Corp. Class A | Add +131.3% | 0.12% | +0.07 |
| SE Sea Ltd.-ADR | Add +303.5% | 0.08% | +0.06 |
| AZO AutoZone Inc. | Add +4.4% | 0.24% | +0.06 |
| YMM Full Truck Alliance -SPN ADR | Add +373.1% | 0.07% | +0.06 |
| NTNX Nutanix Inc. Class A | New | 0.06% | +0.06 |
| PANW Palo Alto Networks Inc. | Add +1.9% | 0.99% | +0.05 |
| BIDU Baidu Inc. - Spon ADR | Add +313.4% | 0.06% | +0.05 |
| KKR KKR & Co. Inc. | New | 0.05% | +0.05 |
| SBUX Starbucks Corp. | New | 0.05% | +0.05 |
| TME Tencent Music Entertainm-ADR | Add +448.0% | 0.05% | +0.04 |
| BZ Kanzhun Ltd. - ADR | Add +416.1% | 0.05% | +0.04 |
| KGC Kinross Gold Corp. | Add +265.3% | 0.05% | +0.04 |
| VCIT Vanguard Int-Term Corporate | Add +4.2% | 0.31% | +0.04 |
| BEKE Ke Holdings Inc.-ADR | Add +414.7% | 0.05% | +0.04 |
| LNG Cheniere Energy Inc. | Add +59.5% | 0.08% | +0.04 |
| BKNG Booking Holdings Inc. | Add +83.4% | 0.08% | +0.04 |
| NVDA Nvidia Corp. | Add +14.4% | 2.66% | +0.04 |
| COHR Coherent Corp. | New | 0.04% | +0.04 |
| CAT Caterpillar Inc. | Add +25.1% | 0.17% | +0.03 |
| SPSB SS SPDR P St C Corp. ETF | Add +473.7% | 0.04% | +0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +291.0% | 0.04% | +0.03 |
| DUK Duke Energy Corp. | Add +15.5% | 0.13% | +0.03 |
| BRBR Bellring Brands Inc. | New | 0.03% | +0.03 |
| IBKR Interactive Brokers Gro Class A | Add +37.0% | 0.10% | +0.03 |
| MS Morgan Stanley | Add +33.7% | 0.10% | +0.03 |
| FCX Freeport-McMoran Inc. | Add +141.9% | 0.04% | +0.02 |
| GTLB Gitlab Inc. Class A | Add +46.1% | 0.09% | +0.02 |
| AEP American Electric Power | New | 0.02% | +0.02 |
| COST Costco Wholesale Corp. | Add +3.6% | 0.18% | +0.02 |
| WDAY Workday Inc. Class A | Add +11.8% | 0.18% | +0.02 |
| WM Waste Management Inc. | Add +0.7% | 0.09% | +0.02 |
Options Activity Q4 2024 → Q1 2025
| MRNA Moderna Inc. | put | Sold out | 10 | $3Kbefore exit |
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
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Sold out | 12,997,000 | $12.6Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Add +10000.0% | 10,908,000 | $9.7M |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Sold out | 6,471,000 | $6.4Mbefore exit |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | Add +5.0% | 2,812,000 | $6.3M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Sold out | 6,000,000 | $5.6Mbefore exit |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Add +14.9% | 4,520,000 | $5.5M |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | Add +30.3% | 5,677,000 | $5.3M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Reduce -2.0% | 5,980,000 | $4.8M |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | Add +8.7% | 3,922,000 | $4.6M |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Add +15.2% | 1,405,000 | $4.6M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Add +3.2% | 4,505,000 | $4.4M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | New | 3,810,000 | $4.3M |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | Reduce -15.6% | 4,115,000 | $4.3M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Reduce -31.1% | 3,705,000 | $4.2M |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Add +59.5% | 2,975,000 | $4.0M |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | Add +20.1% | 3,440,000 | $4.0M |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Add +53.3% | 3,579,000 | $3.9M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Reduce -31.8% | 3,236,000 | $3.6M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Add +12.6% | 2,675,000 | $3.4M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Reduce -10.6% | 3,254,000 | $3.2M |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | Add +17.7% | 3,560,000 | $3.2M |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | Add +17.5% | 3,025,000 | $3.1M |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | Add +276.9% | 2,770,000 | $3.0M |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Sold out | 2,974,000 | $2.9Mbefore exit |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 1,750,000 | $2.8Mbefore exit |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Add +14.2% | 3,025,000 | $2.8M |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | Sold out | 2,285,000 | $2.6Mbefore exit |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Add +24.9% | 2,005,000 | $2.6M |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | Add +13.5% | 2,945,000 | $2.6M |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | Sold out | 2,380,000 | $2.5Mbefore exit |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Add +46.5% | 2,205,000 | $2.4M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Reduce -22.3% | 1,885,000 | $1.9M |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Add +4.3% | 2,075,000 | $1.8M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | New | 1,480 | $1.7M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Reduce -81.5% | 1,795,000 | $1.6M |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | Reduce -48.4% | 1,817,000 | $1.6M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Sold out | 1,300,000 | $1.6Mbefore exit |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | Reduce -68.6% | 1,460,000 | $1.4M |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | Add +9.6% | 1,425,000 | $1.3M |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Add +34.3% | 1,175,000 | $1.3M |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | Reduce -65.3% | 1,145,000 | $1.2M |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | Sold out | 825,000 | $936Kbefore exit |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | Sold out | 925,000 | $870Kbefore exit |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Add +403.1% | 991,000 | $837K |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Reduce -11.5% | 575,000 | $806K |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Sold out | 260,000 | $671Kbefore exit |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Reduce -24.5% | 655,000 | $595K |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | Sold out | 415,000 | $409Kbefore exit |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Reduce -15.9% | 401,000 | $368K |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | Reduce -11.1% | 400,000 | $334K |
Showing the first 50 of 73.
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 | 472 | $9.1B | MSFT, INDA, AMAT, GOOGL, NVDA |
| Q1 2026 | 462 | $7.1B | MSFT, NVDA, GOOGL, AAPL, AMZN |
| Q4 2025 | 473 | $8.4B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q3 2025 | 451 | $7.0B | MSFT, AMZN, NVDA, GOOGL, JPM |
| Q2 2025 | 459 | $6.8B | MSFT, AMZN, NVDA, V, AVGO |
| Q1 2025 | 456 | $5.1B | MSFT, AMZN, V, GOOG, AAPL |
| Q4 2024Amended | 490 | $5.6B | MSFT, AMZN, GOOG, V, AAPL |