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

0$2.0B$4.0B$6.0B$8.0B$10.0B Q4 2024: $5.6B Q4 2024 Q1 2025: $5.1B $5.1B Q1 2025 Q2 2025: $6.8B Q2 2025 Q3 2025: $7.0B Q3 2025 Q4 2025: $8.4B Q4 2025 Q1 2026: $7.1B Q1 2026 Q2 2026: $9.1B Q2 2026

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%
HUBS HubSpot Inc. 0.08% 7,208 $4.1M Add +1.6%
DE Deere & Co. 0.08% 8,541 $4.1M Reduce -3.6%
SJNK SS SPDR BB St Hi Yield ETF 0.08% 159,600 $4.0M Reduce -68.7%
SE Sea Ltd.-ADR 0.08% 31,952 $4.0M Add +303.5%
EMB iShares JP Morgan Usd Emergi 0.08% 42,900 $3.9M Reduce -40.9%
DDOG Datadog Inc. Class A 0.07% 38,868 $3.8M Reduce -40.9%
CLH Clean Harbors Inc. 0.07% 18,642 $3.7M Reduce -13.5%
VEEV Veeva Systems Inc. Class A 0.07% 16,423 $3.7M Reduce -4.9%
YMM Full Truck Alliance -SPN ADR 0.07% 294,422 $3.6M Add +373.1%
XYL Xylem Inc. 0.07% 29,527 $3.6M Add +1.4%
MAR Marriott International Class A 0.07% 15,716 $3.5M Add +36.9%
WMS Advanced Drainage Systems Inc. 0.07% 31,213 $3.5M Reduce -28.6%
MDB Mongodb Inc. 0.07% 20,018 $3.4M Add +28.0%
GHYG iShares Us&intl High Yield C 0.07% 75,259 $3.4M Reduce -7.6%
INDA iShares MSCI India ETF 0.07% 64,712 $3.3M Reduce -4.7%
GE General Electric filed as GE AEROSPACE 0.06% 17,522 $3.3M Reduce -0.8%
GWRE Guidewire Software Inc. 0.06% 17,191 $3.2M Reduce -4.9%
BIDU Baidu Inc. - Spon ADR 0.06% 27,352 $3.1M Add +313.4%
EWJ iShares MSCI Japan ETF 0.06% 46,098 $3.1M Reduce -54.6%
MTN Vail Resorts Inc. 0.06% 19,600 $3.1M No change
AMGN Amgen Inc. 0.06% 2,280 $3.1M Reduce -13.9%
NEE Nextera Energy Inc. 0.06% 45,718 $3.0M Add +6.0%
TTEK Tetra Tech Inc. 0.06% 102,252 $3.0M Reduce -8.7%
NTNX Nutanix Inc. Class A 0.06% 45,114 $3.0M New
SNPS Synopsys Inc. 0.06% 6,991 $3.0M Reduce -80.6%
WCN Waste Connections Inc. 0.06% 16,033 $3.0M Add +2.3%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.06% 27,764 $2.9M Reduce -8.1%
WY Weyerhaeuser Co. 0.06% 98,800 $2.9M Reduce -2.2%
IJH iShares Core S&P Midcap ETF 0.05% 46,795 $2.7M Reduce -45.1%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.05% 27,944 $2.7M Reduce -15.7%
FDN First Trust DJ Internet Ind 0.05% 12,272 $2.7M No change
MAA Mid-America Apartment Comm 0.05% 16,100 $2.7M No change
VLTO Veralto Corp. 0.05% 27,492 $2.7M Add +1.1%
WAB Wabtec Corp. 0.05% 14,170 $2.6M Reduce -27.5%
VRT Vertiv Holdings Co. Class A 0.05% 36,401 $2.6M Add +34.4%
KGC Kinross Gold Corp. 0.05% 214,350 $2.6M Add +265.3%
KKR KKR & Co. Inc. 0.05% 23,084 $2.6M New
SBUX Starbucks Corp. 0.05% 3,200 $2.5M New
TME Tencent Music Entertainm-ADR 0.05% 184,390 $2.5M Add +448.0%
SFM Sprouts Farmers Market Inc. 0.05% 16,910 $2.5M Reduce -23.6%
SYK Stryker Corp. 0.05% 6,736 $2.5M Reduce -3.5%
BZ Kanzhun Ltd. - ADR 0.05% 130,696 $2.4M Add +416.1%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.05% 119,692 $2.4M Add +414.7%
EEM iShares MSCI Emerging Market 0.05% 56,221 $2.3M Reduce -56.8%
CCK Crown Holdings Inc. 0.04% 25,079 $2.3M Reduce -12.4%
HUBB Hubbell Inc. 0.04% 6,562 $2.2M Reduce -3.5%
NVO Novo-Nordisk A/S-Spons ADR 0.04% 34,576 $2.2M Add +291.0%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.04% 5,436 $2.2M Reduce -38.7%
RTX RTX Corp. 0.04% 17,891 $2.2M Reduce -34.6%
ARCC Ares Capital Corp. 0.04% 97,805 $2.2M No change
FTNT Fortinet Inc. 0.04% 21,697 $2.2M Reduce -14.9%
AMT American Tower Corp. 0.04% 9,493 $2.1M Reduce -24.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 49,104 $2.0M Reduce -26.0%
TRGP Targa Resources Corp. 0.04% 10,792 $2.0M Reduce -17.4%
SPSB SS SPDR P St C Corp. ETF 0.04% 63,849 $1.9M Add +473.7%
ADI Analog Devices Inc. 0.04% 9,587 $1.9M Add +20.6%
SHY iShares 1-3 Year Treasury Bo 0.04% 22,558 $1.9M No change
FCX Freeport-McMoran Inc. 0.04% 47,905 $1.9M Add +141.9%
ETR Entergy Corp. 0.04% 23,638 $1.9M Add +6.6%
IWM iShares Russell 2000 ETF 0.04% 9,282 $1.8M Reduce -38.8%
COHR Coherent Corp. 0.04% 29,058 $1.8M New
STN Stantec Inc. 0.04% 21,696 $1.8M Add +4.7%
FSK FS KKR Capital Corp. 0.04% 85,289 $1.8M No change
MSCI MSCI Inc. 0.03% 2,974 $1.7M Reduce -38.7%
USHY iShares Broad Usd High Yield 0.03% 47,000 $1.7M No change
ROK Rockwell Automation Inc. 0.03% 6,719 $1.7M Reduce -42.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.03% 8,032 $1.7M Reduce -23.3%
BMI Badger Meter Inc. 0.03% 8,546 $1.7M Add +0.2%
PSA Public Storage 0.03% 5,500 $1.6M No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.03% 8,913 $1.6M Reduce -48.1%
MWA Mueller Water Products Inc. Class A 0.03% 58,416 $1.5M Reduce -16.1%
BRBR Bellring Brands Inc. 0.03% 20,143 $1.5M New
QUAL iShares MSCI USA Quality Fac 0.03% 8,663 $1.5M Reduce -5.1%
GILD Gilead Sciences Inc. 0.03% 16,812 $1.5M Add +0.5%
EMR Emerson Electric Co. 0.03% 14,250 $1.5M Reduce -8.3%
ITRI Itron Inc. 0.03% 14,844 $1.4M Reduce -28.8%
BLD Topbuild Corp. 0.03% 4,501 $1.4M Reduce -3.5%
INFY Infosys Ltd.-SP ADR 0.03% 77,518 $1.3M Add +224.5%
TSLA Tesla Inc. 0.03% 5,446 $1.3M Reduce -23.6%
NRG NRG Energy Inc. 0.03% 14,764 $1.3M Add +136.4%
SLV iShares Silver Trust 0.03% 43,023 $1.3M Add +104.3%
CPRT Copart Inc. 0.03% 24,281 $1.3M Add +80.3%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.03% 26,678 $1.3M Add +35.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.03% 13,522 $1.3M Reduce -9.2%
BXSL Blackstone Secured Lending F 0.03% 39,176 $1.3M No change
TSCO Tractor Supply Company 0.02% 23,160 $1.3M Reduce -52.8%
COR Cencora Inc. 0.02% 4,504 $1.2M Reduce -64.7%
SCI Service Corp. International 0.02% 15,384 $1.2M Reduce -45.5%
PCG P G & E Corp. 0.02% 77,401 $1.2M Reduce -20.7%
ADP Automatic Data Processing 0.02% 3,956 $1.2M Reduce -34.1%
VST Vistra Corp. 0.02% 10,309 $1.1M Reduce -34.2%
MFC Manulife Financial Corp. 0.02% 4,508 $1.1M No change
B Barrick Gold Corp. 0.02% 59,782 $1.1M Add +80.5%
BALL Ball Corp. 0.02% 20,975 $1.1M Reduce -12.5%
PYPL PayPal Holdings Inc. 0.02% 17,167 $1.1M Reduce -34.9%
EWY iShares MSCI South Korea ETF 0.02% 19,274 $1.0M Reduce -37.1%
CP Canadian Pacific Kansas City 0.02% 15,563 $1.0M Reduce -25.5%
AEP American Electric Power 0.02% 10,220 $1.0M New
FICO Fair Isaac Corp. 0.02% 510 $1.0M Reduce -11.8%
TTC Toro Co. 0.02% 13,071 $978K Reduce -58.0%
CPAY Corpay Inc. 0.02% 2,601 $974K Reduce -15.5%
KEYS Keysight Technologies Inc. 0.02% 6,180 $959K Reduce -60.5%
VRSK Verisk Analytics Inc. 0.02% 3,060 $957K Reduce -12.8%
CNM Core & Main Inc. Class A 0.02% 19,012 $949K Reduce -64.1%
OBDC Blue Owl Capital Corp. 0.02% 64,547 $946K No change
LULU Lululemon Athletica Inc. 0.02% 2,769 $946K Reduce -54.6%
COKE Coca-Cola Consolidated Inc. 0.02% 700 $945K No change
PPG PPG Industries Inc. 0.02% 8,663 $939K Reduce -59.0%
AGCO Agco Corp. 0.02% 9,486 $938K Add +4.7%
AWK American Water Works Co. Inc. 0.02% 6,468 $925K Add +4.7%
BR Broadridge Financial Solutio 0.02% 3,869 $924K Reduce -62.4%
HLI Houlihan Lokey Inc. 0.02% 5,698 $917K Reduce -40.1%
AAXJ iShares MSCI All Country Asi 0.02% 12,364 $912K Reduce -30.1%
VRRM Verra Mobility Corp. 0.02% 43,735 $910K Reduce -55.1%
POOL Pool Corp. 0.02% 2,751 $892K Reduce -49.2%
XLF SS Financial Select Sector 0.02% 17,928 $881K Reduce -75.1%
IVV iShares Core S&P 500 ETF 0.02% 1,766 $879K Reduce -50.9%
MAIN Main Street Capital Corp. 0.02% 15,530 $878K No change
SRE Sempra 0.02% 13,431 $876K Reduce -96.2%
CSX CSX Corp. 0.02% 31,903 $872K Reduce -25.5%
FAST Fastenal Co. 0.02% 12,146 $865K No change
BX Blackstone Inc. 0.02% 7,004 $855K Add +145.8%
XEL Xcel Energy Inc. 0.02% 13,104 $847K New
WFG West Fraser Timber Co. Ltd. 0.02% 10,975 $845K Reduce -8.7%
NEM Newmont Corp. 0.02% 19,054 $841K Reduce -90.9%
XLE SS Energy Select Sector 0.02% 9,058 $837K Reduce -59.2%
IDXX Idexx Laboratories Inc. 0.02% 1,951 $824K Reduce -47.6%
PCTY Paylocity Holding Corp. 0.02% 4,273 $817K Reduce -68.3%
TRU Transunion 0.02% 9,025 $805K Reduce -11.0%
NI Nisource Inc. 0.02% 21,696 $804K New
SSNC Ss&c Technologies Holdings 0.02% 9,018 $795K Reduce -11.0%
LNN Lindsay Corp. 0.02% 5,918 $775K Add +4.7%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.02% 6,885 $774K Reduce -68.8%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.02% 22,763 $773K Reduce -49.6%
COP Conocophillips 0.01% 8,417 $755K Add +389.9%
FTV Fortive Corp. 0.01% 11,078 $754K Add +106.0%
ZBRA Zebra Technologies Corp. Class A 0.01% 2,586 $737K Reduce -49.7%
APLE Apple Hospitality REIT Inc. 0.01% 100 $734K No change
SOXX iShares Semiconductor ETF 0.01% 3,847 $726K Add +412.9%
EXE Expand Energy Corp. 0.01% 7,299 $720K Reduce -46.7%
TRP TC Energy Corp. 0.01% 15,928 $713K New
AEM Agnico Eagle Mines Ltd. 0.01% 6,820 $682K Reduce -15.9%
CEG Constellation Energy 0.01% 3,536 $682K Reduce -38.6%
DAR Darling Ingredients Inc. 0.01% 21,250 $678K Add +4.7%
MRNA Moderna Inc. 0.01% 22,015 $674K Reduce -42.1%
MTD Mettler-Toledo International 0.01% 563 $672K Reduce -57.0%
ZTS Zoetis Inc. 0.01% 4,137 $671K Reduce -24.5%
ENPH Enphase Energy Inc. 0.01% 11,019 $669K Reduce -3.5%
CTVA Corteva Inc. 0.01% 11,548 $664K Add +74.7%
VGK Vanguard Ftse Europe ETF 0.01% 9,707 $659K Reduce -28.6%
XLK SS Technology Select Sector 0.01% 3,187 $658K No change
HTGC Hercules Capital Inc. 0.01% 34,050 $654K No change
GEV GE Vernova Inc. 0.01% 2,320 $653K Reduce -49.4%
SHEL Shell PLC-ADR 0.01% 8,887 $641K Reduce -0.6%
AES AES Corp. 0.01% 55,113 $636K Reduce -58.3%
LEMB iShares JP Morgan Em Local C 0.01% 16,903 $631K Reduce -19.1%
VGT Vanguard Info Tech ETF 0.01% 1,114 $605K New
GBDC Golub Capital BDC Inc. 0.01% 39,891 $604K No change
WEX Wex Inc. 0.01% 3,608 $591K Reduce -11.0%
HCA HCA Healthcare Inc. 0.01% 1,676 $574K Reduce -52.2%
IXC iShares Global Energy ETF 0.01% 13,497 $554K Reduce -23.6%
XLV SS Health Care Select Sector 0.01% 3,813 $551K Reduce -66.6%
IEI iShares 3-7 Year Treasury Bo 0.01% 4,590 $534K Reduce -8.6%
MU Micron Technology Inc. 0.01% 5,900 $510K Reduce -41.3%
PBR Petroleo Brasileiro-Spon ADR 0.01% 34,813 $501K Reduce -74.5%
EXC Exelon Corp. 0.01% 12,092 $500K Add +7.1%
CLOA iShares Aaa Clo Act ETF-Usdi 0.01% 9,615 $498K Add +563.1%
HDB HDFC Bank Ltd.-ADR 0.01% 7,500 $496K Reduce -55.1%
J Jacobs Solutions Inc. 0.01% 4,278 $487K Reduce -55.7%
EW Edwards Lifesciences Corp. 0.01% 6,622 $471K Reduce -55.3%
IR Ingersoll-Rand Inc. 0.01% 6,288 $468K No change
CNI Canadian Natl Railway Co. 0.01% 4,816 $439K Reduce -55.8%
AXP American Express Co. 0.01% 1,603 $435K Reduce -42.3%
EWZ iShares MSCI Brazil ETF 0.01% 17,005 $425K Reduce -83.6%
HUDSON PAC PPTYS INC 0.01% 144,000 $425K No change
CTAS Cintas Corp. 0.01% 2,349 $424K Add +45.9%
TSLX Sixth Street Specialty Lendi 0.01% 18,384 $411K No change
HACK Amplify Cybersecurity ETF 0.01% 5,681 $411K No change
GIB Cgi Inc. 0.01% 4,121 $409K Reduce -73.9%
MANH Manhattan Associates Inc. 0.01% 2,330 $407K New
GPN Global Payments Inc. 0.01% 3,773 $396K Reduce -11.0%
CMCSA Comcast Corp. Class A 0.01% 10,748 $385K Reduce -55.3%
ARM Arm Holdings PLC-ADR 0.01% 3,515 $379K Reduce -7.5%
IBN Icici Bank Ltd.-Spon ADR 0.01% 12,000 $377K Add +33.3%
IGV iShares Expanded Tech-Softwa 0.01% 4,251 $372K Reduce -52.6%
WPM Wheaton Precious Metals Corp. 0.01% 5,190 $370K Reduce -64.8%
DXJ Wisdomtree Japan Hedged Eq 0.01% 3,360 $366K Reduce -66.5%
TLT iShares 20+ Year Treasury BD 0.01% 4,230 $360K No change
XCHYX Calamos Convert & High Inc. 0.01% 35,176 $359K Reduce -27.6%
T AT&T Inc. 0.01% 13,546 $357K Reduce -81.3%
DPZ Domino's Pizza Inc. 0.01% 796 $354K No change
DXCM Dexcom Inc. 0.01% 6,005 $345K Add +100.2%
GSBD Goldman Sachs BDC Inc. 0.01% 29,194 $340K No change
CWB SS SPDR BB Conv Sec ETF 0.01% 4,276 $325K Reduce -52.3%
FSLR First Solar Inc. 0.01% 2,756 $325K Reduce -67.3%
GEHC GE Healthcare Technology 0.01% 4,599 $325K Add +17.5%
MTZ Mastec Inc. 0.01% 2,952 $321K New
CCJ Cameco Corp. 0.01% 8,134 $320K Reduce -71.8%
MCO Moody's Corp. 0.01% 679 $318K Reduce -31.8%
SMH Vaneck Semiconductor ETF 0.01% 1,480 $314K Add +37.0%
BMY Bristol-Myers Squibb Co. 0.01% 5,643 $311K Reduce -4.5%
EWA iShares MSCI Australia ETF 0.01% 13,120 $308K Reduce -11.1%
CSWC Capital Southwest Corp. 0.01% 13,655 $305K No change
NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP 0.01% 27,419 $302K No change
TEVA Teva Pharmaceutical-SP ADR 0.01% 20,000 $302K No change
ALL Allstate Corp. 0.01% 1,500 $291K Reduce -25.0%
IBB iShares Biotechnology ETF 0.01% 2,200 $284K Reduce -59.9%
LI Li Auto Inc. - ADR 0.01% 11,656 $280K New
MDLZ Mondelez International Inc. Class A 0.01% 4,400 $278K Add +131.6%
PSX Phillips 66 0.01% 2,284 $262K New
XYZ Block Inc. 0.01% 4,206 $253K Reduce -11.0%
GAIN Gladstone Investment Corp. 0.01% 18,847 $252K No change
NXT Nextpower Inc. filed as NEXTRACKER INC 0.00% 6,266 $250K Add +24.3%
EQIX Equinix Inc. 0.00% 308 $247K Reduce -93.9%
EFX Equifax Inc. 0.00% 975 $243K Reduce -15.8%
IYG iShares U.S. Financial Servi 0.00% 3,000 $233K No change
EA Electronic Arts Inc. 0.00% 1,600 $231K Add +17.6%
FOUR SHIFT4 Payments Inc. Class A 0.00% 2,518 $230K Reduce -8.3%
TECK Teck Resources Ltd.-CLS B 0.00% 6,138 $219K Add +10.2%
APO Apollo Global Management Inc. 0.00% 1,710 $206K Add +19.6%
GM General Motors Co. 0.00% 4,350 $203K Reduce -54.8%
KEY Keycorp 0.00% 13,500 $202K Reduce -87.6%
RF Regions Financial Corp. 0.00% 9,900 $201K No change
TOST Toast Inc. Class A 0.00% 5,332 $199K New
PICK iShares MSCI Global Metals & 0.00% 5,347 $195K No change
JBBB Janus Henderson B-BBB Clo Et 0.00% 4,261 $192K New
IHI iShares U.S. Medical Devices 0.00% 3,480 $191K No change
VZ Verizon Communications Inc. 0.00% 4,572 $190K Reduce -47.3%
VWO Vanguard Ftse Emerging Marke 0.00% 4,292 $183K Reduce -56.3%
MGM MGM Resorts International 0.00% 5,935 $180K Add +16.7%
EQT Eqt Corp. 0.00% 3,666 $179K Reduce -94.5%
VAW Vanguard Materials ETF 0.00% 1,000 $173K New
TRIN Trinity Capital Inc. 0.00% 11,192 $170K No change
IXJ iShares Global Healthcare Et 0.00% 1,750 $159K Reduce -60.7%
STKL Sunopta Inc. 0.00% 31,536 $158K Add +4.7%
PTC PTC Inc. 0.00% 960 $157K Reduce -60.7%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.00% 3,596 $151K Reduce -48.9%
VWOB Vanguard Emerg MKTS Gov BND 0.00% 2,535 $150K Reduce -52.9%
NUE Nucor Corp. 0.00% 1,277 $149K Reduce -12.2%
ABBV Abbvie Inc. 0.00% 748 $148K No change
CQQQ Invesco China Technology ETF 0.00% 3,500 $147K Add +133.3%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.00% 4,894 $145K New
GDDY GoDaddy Inc. Class A 0.00% 769 $144K Reduce -98.1%
AR Antero Resources Corp. 0.00% 3,846 $142K Reduce -85.7%
ARRY Array Technologies Inc. 0.00% 29,464 $140K Reduce -16.3%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.00% 2,275 $139K No change
RIO Rio Tinto PLC-Spon ADR 0.00% 2,430 $138K Reduce -87.6%
DEO Diageo PLC-Sponsored ADR 0.00% 1,371 $137K Reduce -43.4%
STLD Steel Dynamics Inc. 0.00% 1,150 $135K Reduce -20.9%
VLO Valero Energy Corp. 0.00% 1,086 $134K Reduce -10.5%
KLAC KLA Corp. 0.00% 186 $133K Reduce -15.4%
MPC Marathon Petroleum Corp. 0.00% 972 $132K New
URTH iShares MSCI World ETF 0.00% 850 $130K No change
ANF Abercrombie & Fitch Co. Class A 0.00% 1,674 $129K New
TIP iShares Tips Bond ETF 0.00% 1,165 $129K Reduce -56.5%
EQNR Equinor ASA-Spon ADR 0.00% 5,100 $123K No change
ITUB Itau Unibanco H-Spon PRF ADR 0.00% 22,000 $121K Add +10.0%
MCHI iShares MSCI China ETF 0.00% 2,709 $114K No change
VITL Vital Farms Inc. 0.00% 3,710 $112K New
HAL Halliburton Co. 0.00% 4,600 $111K Reduce -64.4%
VALE Vale SA-SP ADR 0.00% 10,706 $107K No change
GDX Vaneck Gold Miners ETF 0.00% 2,361 $107K Reduce -80.2%
BP BP PLC-Spons ADR 0.00% 3,000 $103K No change
PROSHARES TR 0.00% 4,600 $100K New
AUPH Aurinia Pharmaceuticals Inc. 0.00% 13,000 $95K No change
LYFT LYFT Inc. Class A 0.00% 8,000 $93K No change
SLF Sun Life Financial Inc. 0.00% 1,669 $88K No change
IEF iShares 7-10 Year Treasury B 0.00% 1,000 $84K No change
CHWY Chewy Inc. Class A 0.00% 2,500 $80K No change
LMT Lockheed Martin Corp. 0.00% 197 $80K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.00% 1,702 $78K No change
CHRD Chord Energy Corp. 0.00% 672 $75K No change
NTR Nutrien Ltd. 0.00% 1,583 $73K No change
VCLT Vanguard Long-Term Corp. Bond 0.00% 1,036 $72K Reduce -89.2%
VRTX Vertex Pharmaceuticals Inc. 0.00% 139 $68K No change
CRWD CrowdStrike Holdings Inc. Class A 0.00% 180 $64K Reduce -48.6%
EWU iShares MSCI United Kingdom 0.00% 1,917 $64K Reduce -97.6%
TD Toronto-Dominion Bank 0.00% 1,133 $63K No change
SMR Nuscale Power Corp. 0.00% 4,226 $61K Add +13.1%
SONY Sony Group Corp. - SP ADR 0.00% 2,500 $58K Reduce -49.0%
LMND Lemonade Inc. 0.00% 1,745 $57K No change
XLP SS Consumer Staples Sel Sect 0.00% 778 $55K No change
CHI Calamos Convert Opport & Inc. 0.00% 5,600 $55K No change
BA The Boeing Co. 0.00% 310 $54K Reduce -56.5%
BDX Becton Dickinson and Co. 0.00% 305 $54K No change
BN Brookfield Corp. 0.00% 1,040 $50K No change
IHE iShares US Pharmaceuticals E 0.00% 660 $42K No change
ARKG ARK Genomic Revolution ETF 0.00% 1,910 $41K No change
GLW Corning Inc. 0.00% 837 $38K No change
CTSH Cognizant Tech Solutions-A 0.00% 548 $37K Reduce -97.8%
ARTY iShares Future AI & Tech ETF 0.00% 1,243 $36K New
ALB Albemarle Corp. 0.00% 500 $36K No change
SNOW Snowflake Inc. 0.00% 255 $35K No change
JOF Japan Smaller Capitalization 0.00% 4,200 $35K No change
KWEB Kranesh Csi China Internet 0.00% 1,000 $35K New
LHX L3HARRIS Technologies Inc. 0.00% 158 $33K No change
NVS Novartis AG-Sponsored ADR 0.00% 281 $32K No change
HRL Hormel Foods Corp. 0.00% 1,000 $31K No change
CL Colgate-Palmolive Co. 0.00% 350 $29K No change
OXY Occidental Petroleum Corp. 0.00% 625 $28K Reduce -82.8%
FLNC Fluence Energy Inc. 0.00% 5,638 $26K Reduce -74.3%
GOVT iShares US Treasury Bond ETF 0.00% 1,126 $26K No change
QQQM Invesco Nasdaq 100 ETF 0.00% 131 $25K New
SIRI Sirius XM Holdings Inc. 0.00% 1,190 $25K No change
EOG EOG Resources Inc. 0.00% 192 $24K Reduce -81.2%
XLY SS Consumer Disc Select Sect 0.00% 130 $24K No change
STZ Constellation Brands Inc. Class A 0.00% 127 $23K No change
SCCO Southern Copper Corp. 0.00% 235 $22K Add +0.4%
UL Unilever PLC 0.00% 341 $20K Reduce -51.7%
IONQ Ionq Inc. 0.00% 1,000 $20K New
JD Jd.com Inc.-ADR 0.00% 500 $19K Reduce -75.6%
MLP Maui Land & Pineapple Co. filed as MAUI LD & PINEAPPLE INC 0.00% 950 $17K No change
NKE Nike Inc. Class B 0.00% 290 $17K Reduce -95.6%
DLB Dolby Laboratories Inc. Class A 0.00% 211 $17K No change
LOW Lowe's Cos Inc. 0.00% 73 $17K No change
ESGE iShares Inc. iShares ESG Awar 0.00% 575 $16K Reduce -96.0%
CVS CVS Health Corp. 0.00% 213 $14K No change
TTE Totalenergies SE -Spon ADR 0.00% 212 $14K No change
TM Toyota Motor Corp. -Spon ADR 0.00% 74 $13K No change
ASX Ase Technology Holding -ADR 0.00% 1,446 $13K No change
VEON Veon Ltd. 0.00% 319 $13K No change
RSP Invesco S&P 500 Equal Weight 0.00% 92 $12K New
ROBO Robo Global Robotics and Aut filed as EXCHANGE TRADED CONCEPTS TRU 0.00% 233 $12K Reduce -66.7%
BIIB Biogen Inc. 0.00% 82 $11K No change
SNY Sanofi-ADR 0.00% 190 $11K No change
BF.B Brown-Forman Corp. Class B 0.00% 395 $11K No change
SPR Spirit Aerosystems Hold Class A 0.00% 300 $10K No change
CPNG Coupang Inc. 0.00% 500 $10K No change
MMM 3M Co. 0.00% 68 $10K No change
ABNB Airbnb Inc. Class A 0.00% 82 $9K No change
TUSK Mammoth Energy Services Inc. 0.00% 4,230 $9K No change
QS Quantumscape Corp. 0.00% 2,000 $9K No change
IONS Ionis Pharmaceuticals Inc. 0.00% 265 $8K No change
UPS United Parcel Service Class B 0.00% 68 $7K No change
GSK GSK PLC-Spon ADR 0.00% 183 $7K No change
IMVP Invesco India Exchange-Trade 0.00% 265 $7K No change
INTC Intel Corp. 0.00% 259 $6K Reduce -88.4%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.00% 85 $6K Reduce -99.1%
VOD Vodafone Group PLC-SP ADR 0.00% 581 $4K No change
DOW Dow Inc. 0.00% 122 $4K No change
JXN Jackson Financial Inc. Class A 0.00% 41 $3K Reduce -37.9%
LBRDK Liberty Broadband-C 0.00% 37 $3K No change
HLN Haleon PLC-ADR 0.00% 229 $2K No change
SPCE Virgin Galactic Holdings Inc. 0.00% 616 $2K No change
TDOC Teladoc Health Inc. 0.00% 189 $2K No change
SOLV Solventum Corp. 0.00% 17 $1K No change
OGN Organon & Co. 0.00% 48 $660 Reduce -68.6%
CRNC Cerence Inc. 0.00% 74 $584 No change
LEVGQ The Lion Electric Co. filed as THE LION ELECTRIC COMPANY 0.00% 2,500 $200 No change
CARM Carisma Therapeutics Inc. 0.00% 535 $163 No change
TASEKO MINES LTD 0.00% 26 $52 No change
CODA Coda Octopus Group Inc. 0.00% 2 $11 No change
TENX Tenax Therapeutics Inc. 0.00% 1 $6 No change
ALTO Alto Ingredients Inc. 0.00% 5 $5 No change
AUMN Golden Minerals Co. 0.00% 7 $1 No change
TTOO T2 Biosystems Inc. 0.00% 1 $0 New
Other holdings (54): bonds, preferreds, convertibles and warrants · $128.9M (not counted above)
SecurityClassShares / PrincipalValueChange
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) NOTE 1.125% 2/1 · principal 10,908,000$9.7MAdd +10000.0%
BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) NOTE 0.750% 5/0 · principal 2,812,000$6.3MAdd +5.0%
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) NOTE 1.000% 8/1 · principal 4,520,000$5.5MAdd +14.9%
SHOPIFY INC (SHOPCN 0.125 11/01/25) NOTE 0.125%11/0 · principal 5,677,000$5.3MAdd +30.3%
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal 5,980,000$4.8MReduce -2.0%
MIDDLEBY CORP (MIDD 1 09/01/25) NOTE 1.000% 9/0 · principal 3,922,000$4.6MAdd +8.7%
PALO ALTO NETWORKS (PANW 0.375 06/01/25) NOTE 0.375% 6/0 · principal 1,405,000$4.6MAdd +15.2%
ADVANCED ENERGY IND (AEIS 2.5 09/15/28) NOTE 2.500% 9/1 · principal 4,505,000$4.4MAdd +3.2%
SEAGATE HDD CAYMAN (STX 3.5 06/01/28) NOTE 3.500% 6/0 · principal 3,810,000$4.3MNew
SOUTHERN CO (SO 3.875 12/15/25) NOTE 3.875%12/1 · principal 4,115,000$4.3MReduce -15.6%
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal 3,705,000$4.2MReduce -31.1%
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) NOTE 2.625%12/1 · principal 2,975,000$4.0MAdd +59.5%
INSULET CORPORATION (PODD 0.375 09/01/26) NOTE 0.375% 9/0 · principal 3,440,000$4.0MAdd +20.1%
DATADOG INC (DDOG 0.125 06/15/25) NOTE 0.125% 6/1 · principal 3,579,000$3.9MAdd +53.3%
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) NOTE 3.125% 1/1 · principal 3,236,000$3.6MReduce -31.8%
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal 2,675,000$3.4MAdd +12.6%
CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) NOTE 4.250% 8/1 · principal 3,254,000$3.2MReduce -10.6%
ZILLOW GROUP INC (Z 2.75 05/15/25) NOTE 2.750% 5/1 · principal 3,560,000$3.2MAdd +17.7%
WORLD KINECT GROUP (WKC 3.25 07/01/28) NOTE 3.250% 7/0 · principal 3,025,000$3.1MAdd +17.5%
NCL CORPORATION LTD (NCLH 5.375 08/01/25) NOTE 5.375% 8/0 · principal 2,770,000$3.0MAdd +276.9%
NCL CORPORATION LTD (NCLH 1.125 02/15/27) NOTE 1.125% 2/1 · principal 3,140,000$2.9MNo change
DROPBOX INC (DBX 0 03/01/28) NOTE 3/0 · principal 3,025,000$2.8MAdd +14.2%
ZSCALER INC. (ZS 0.125 07/01/25) NOTE 0.125% 7/0 · principal 2,005,000$2.6MAdd +24.9%
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal 2,945,000$2.6MAdd +13.5%
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal 2,205,000$2.4MAdd +46.5%
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal 2,130,000$2.3MNo change
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) NOTE 1.250% 9/1 · principal 2,555,000$2.3MNo change
DUKE ENERGY CORP (DUK 4.125 04/15/26) NOTE 4.125% 4/1 · principal 1,885,000$1.9MReduce -22.3%
ETSY INC (ETSY 0.125 10/01/26) NOTE 0.125%10/0 · principal 2,075,000$1.8MAdd +4.3%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 1,480$1.7MNew
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) NOTE 0.125% 1/1 · principal 1,795,000$1.6MReduce -81.5%
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) NOTE 0.500% 6/1 · principal 1,817,000$1.6MReduce -48.4%
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) NOTE 3.625% 6/1 · principal 1,460,000$1.4MReduce -68.6%
IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) NOTE 1.750% 6/1 · principal 1,425,000$1.3MAdd +9.6%
LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) NOTE 1.500%12/1 · principal 1,175,000$1.3MAdd +34.3%
CMS ENERGY CORP (CMS 3.375 05/01/28) NOTE 3.375% 5/0 · principal 1,145,000$1.2MReduce -65.3%
SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) NOTE 12/1 · principal 850,000$932KNo change
ETSY INC (ETSY 0.25 06/15/28) NOTE 0.250% 6/1 · principal 991,000$837KAdd +403.1%
SEA LTD (SEALTD 2.375 12/01/25) NOTE 2.375%12/0 · principal 575,000$806KReduce -11.5%
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal 655,000$595KReduce -24.5%
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal 500,000$594KNo change
ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) NOTE 2.250% 4/0 · principal 520,000$580KNo change
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) NOTE 2.500% 3/1 · principal 525,000$567KNo change
CYTOKINETICS INC (CYTK 3.5 07/01/27) NOTE 3.500% 7/0 · principal 480,000$526KNo change
NIO INC (NIO 4.625 10/15/30) NOTE 4.625%10/1 · principal 750,000$511KNo change
TELADOC HEALTH INC (TDOC 1.25 06/01/27) NOTE 1.250% 6/0 · principal 401,000$368KReduce -15.9%
ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) NOTE 1.750% 8/1 · principal 400,000$334KReduce -11.1%
WAYFAIR INC (W 1 08/15/26) NOTE 1.000% 8/1 · principal 330,000$311KAdd +148.1%
COINBASE GLOBAL INC (COIN 0.5 06/01/26) NOTE 0.500% 6/0 · principal 258,000$256KNew
ITRON INC (ITRI 0 03/15/26) NOTE 3/1 · principal 226,000$232KNo change
GUARDANT HEALTH INC (GH 0 11/15/27) NOTE 11/1 · principal 161,000$142KReduce -69.7%
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) NOTE 3.250%12/1 · principal 118,000$110KReduce -79.5%
SABRE GLBL INC (SABHLD 4 04/15/25) NOTE 4.000% 4/1 · principal 69,000$69KNo change
H WORLD GROUP LTD (HTHT 3 05/01/26) NOTE 3.000% 5/0 · principal 60,000$64KNo 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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 472$9.1BMSFT, INDA, AMAT, GOOGL, NVDA
Q1 2026 462$7.1BMSFT, NVDA, GOOGL, AAPL, AMZN
Q4 2025 473$8.4BMSFT, NVDA, AAPL, AMZN, GOOGL
Q3 2025 451$7.0BMSFT, AMZN, NVDA, GOOGL, JPM
Q2 2025 459$6.8BMSFT, AMZN, NVDA, V, AVGO
Q1 2025 456$5.1BMSFT, AMZN, V, GOOG, AAPL
Q4 2024Amended 490$5.6BMSFT, AMZN, GOOG, V, AAPL