Union Bancaire Privee, UBP SA
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 22, 2026), Union Bancaire Privee, UBP SA reported 462 stock positions worth $7.1 billion. Its top holding was Microsoft (MSFT) at 20.6% of the portfolio, followed by Nvidia (NVDA, 4.6%) and Alphabet Class A (GOOGL, 4.3%). Compared with Q4 2025, it opened 42 new positions, sold out of 53, added to 149 and reduced 171. The biggest buy was Taiwan Semiconductor-SP ADR (TSM, shares +2%) and the biggest sale Hercules Capital (HTGC, shares −77%).
- Most Recent 13F
- Q2 2026
- Location
- GENEVA 1, V8
- CIK
- 0001716607
- Portfolio Value
- $7.1B (Q1 2026)
- SEC Filing
- 0001716607-26-000004 ↗ filed Apr 22, 2026
Holdings Value
Holdings 462 stocks · $7.1B
| MSFT Microsoft Corp. | 20.63% | 1,021,503 | $1.5B | Reduce -2.5% |
| NVDA Nvidia Corp. | 4.57% | 1,977,378 | $326.4M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 4.27% | 1,170,842 | $304.9M | Reduce -5.4% |
| AAPL Apple Inc. | 3.93% | 1,135,958 | $280.6M | Reduce -2.0% |
| AMZN Amazon.com Inc. | 3.38% | 1,343,186 | $241.4M | Reduce -9.5% |
| AMAT Applied Materials Inc. | 3.15% | 156,795 | $224.7M | Reduce -0.1% |
| AVGO Broadcom Inc. | 2.78% | 648,497 | $198.2M | Reduce -4.8% |
| TSM Taiwan Semiconductor-SP ADR | 2.65% | 623,842 | $189.2M | Add +2.1% |
| V Visa Inc. Class A | 2.18% | 511,436 | $155.7M | Reduce -5.0% |
| META Meta Platforms Inc. Class A | 2.14% | 275,337 | $153.1M | Reduce -10.5% |
| JPM JPMorgan Chase & Co. | 2.13% | 564,212 | $152.0M | Reduce -12.3% |
| GOOG Alphabet Inc. Class C | 2.01% | 560,705 | $143.2M | Reduce -9.6% |
| CSCO Cisco Systems Inc. | 1.30% | 567,092 | $92.5M | Reduce -19.1% |
| LLY Eli Lilly & Co. | 1.28% | 101,232 | $91.0M | Add +20.1% |
| GS Goldman Sachs Group Inc. | 1.10% | 101,591 | $78.3M | Add +18.2% |
| NFLX Netflix Inc. | 1.03% | 784,000 | $73.7M | Reduce -16.9% |
| ABBV Abbvie Inc. | 1.02% | 375,984 | $73.0M | Reduce -15.1% |
| CVX Chevron Corp. | 0.98% | 346,435 | $69.8M | Add +45.3% |
| NEE Nextera Energy Inc. | 0.89% | 710,589 | $63.7M | Add +114.7% |
| PWR Quanta Services Inc. | 0.88% | 116,819 | $63.1M | Add +12.3% |
| PH Parker Hannifin Corp. | 0.87% | 66,590 | $61.8M | Add +15.3% |
| ORCL Oracle Corp. | 0.77% | 133,744 | $54.7M | Reduce -15.7% |
| WMT Walmart Inc. | 0.75% | 384,034 | $53.5M | Add +253.3% |
| RSG Republic Services Inc. | 0.71% | 234,410 | $50.9M | Add +2.9% |
| KO The Coca-Cola Co. | 0.66% | 515,428 | $47.2M | Add +2.0% |
| PANW Palo Alto Networks Inc. | 0.66% | 335,609 | $47.1M | Add +19.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.62% | 68,964 | $44.1M | Add +23.9% |
| JNJ Johnson & Johnson | 0.61% | 137,531 | $43.2M | Reduce -15.4% |
| COST Costco Wholesale Corp. | 0.59% | 36,190 | $42.2M | Reduce -8.5% |
| MU Micron Technology Inc. | 0.57% | 128,042 | $40.7M | Reduce -8.9% |
| AZO AutoZone Inc. | 0.53% | 12,144 | $38.1M | Reduce -29.3% |
| CAT Caterpillar Inc. | 0.52% | 53,048 | $37.3M | Add +0.8% |
| MA Mastercard Inc. Class A | 0.52% | 62,232 | $37.0M | Reduce -47.2% |
| XOM Exxon Mobil Corp. | 0.51% | 226,428 | $36.5M | Add +78.6% |
| UNP Union Pacific Corp. | 0.50% | 121,589 | $35.5M | Add +10.9% |
| VRT Vertiv Holdings Co. Class A | 0.48% | 160,365 | $34.4M | Reduce -24.1% |
| NDAQ Nasdaq Inc. | 0.48% | 447,159 | $34.2M | Reduce -53.5% |
| COP Conocophillips | 0.47% | 257,350 | $33.8M | New |
| SNOW Snowflake Inc. | 0.46% | 224,795 | $33.0M | Add +521.5% |
| MCK McKesson Corp. | 0.46% | 40,184 | $32.9M | Add +1641.1% |
| MCD McDonald's Corp. | 0.46% | 105,498 | $32.6M | Reduce -16.3% |
| HON Honeywell International Inc. | 0.45% | 121,143 | $32.5M | Reduce -10.2% |
| RTX RTX Corp. | 0.45% | 185,742 | $32.4M | Reduce -10.5% |
| BMY Bristol-Myers Squibb Co. | 0.45% | 569,583 | $32.1M | Add +12.6% |
| PLTR Palantir Technologies Inc. Class A | 0.44% | 277,254 | $31.4M | Add +10.2% |
| SPGI S&P Global Inc. | 0.43% | 65,352 | $30.9M | Reduce -51.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.42% | 66,874 | $29.8M | Reduce -32.7% |
| ECL Ecolab Inc. | 0.41% | 116,879 | $29.5M | Reduce -31.0% |
| NOW ServiceNow Inc. | 0.40% | 291,918 | $28.4M | Reduce -9.2% |
| BKNG Booking Holdings Inc. | 0.35% | 6,609 | $25.2M | Reduce -6.2% |
| DHR Danaher Corp. | 0.35% | 142,263 | $25.1M | Add +116.7% |
| GLD SPDR Gold Shares | 0.35% | 61,123 | $25.0M | Reduce -59.8% |
| BABA Alibaba Group Holding-SP ADR | 0.35% | 214,003 | $24.9M | Reduce -9.1% |
| KGC Kinross Gold Corp. | 0.35% | 988,353 | $24.9M | Add +35.5% |
| SHOP Shopify Inc. Class A | 0.34% | 230,457 | $24.3M | Reduce -17.3% |
| ETR Entergy Corp. | 0.32% | 205,109 | $22.8M | Reduce -7.5% |
| HD Home Depot Inc. | 0.32% | 71,199 | $22.5M | Reduce -39.5% |
| AMD Advanced Micro Devices | 0.31% | 124,057 | $22.3M | Add +17.1% |
| VCIT Vanguard Int-Term Corporate | 0.31% | 269,368 | $22.1M | Add +1.6% |
| EWU iShares MSCI United Kingdom | 0.30% | 476,166 | $21.1M | Reduce -5.9% |
| LAUR Laureate Education Inc. | 0.29% | 600,408 | $20.9M | Reduce -5.9% |
| TEVA Teva Pharmaceutical-SP ADR | 0.29% | 741,433 | $20.6M | Reduce -5.7% |
| VST Vistra Corp. | 0.28% | 152,657 | $20.1M | Add +56.8% |
| MRK Merck & Co. Inc. | 0.26% | 106,562 | $18.8M | Reduce -62.7% |
| EMBJ Embraer SA-Spon ADR | 0.26% | 344,537 | $18.4M | Reduce -8.5% |
| PG The Procter & Gamble Co. | 0.25% | 86,616 | $17.7M | Reduce -51.6% |
| URI United Rentals Inc. | 0.25% | 20,954 | $17.5M | Reduce -12.7% |
| VLO Valero Energy Corp. | 0.24% | 76,429 | $17.4M | Add +18.6% |
| INTU Intuit Inc. | 0.23% | 40,871 | $16.4M | Reduce -58.2% |
| NRG NRG Energy Inc. | 0.22% | 118,691 | $15.9M | Add +116.2% |
| TOL Toll Brothers Inc. | 0.22% | 121,100 | $15.8M | No change |
| WM Waste Management Inc. | 0.22% | 76,862 | $15.7M | Reduce -4.5% |
| VWO Vanguard Ftse Emerging Marke | 0.22% | 294,747 | $15.4M | Add +50.7% |
| LITE Lumentum Holdings Inc. | 0.21% | 26,565 | $15.2M | Add +6.8% |
| GLW Corning Inc. | 0.21% | 145,588 | $15.0M | Add +122.2% |
| AMGN Amgen Inc. | 0.21% | 6,293 | $14.9M | Add +13.4% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.20% | 286,598 | $14.5M | Reduce -0.9% |
| CMI Cummins Inc. | 0.20% | 16,864 | $14.5M | Reduce -18.1% |
| BSX Boston Scientific Corp. | 0.20% | 235,234 | $14.4M | Reduce -5.3% |
| CTAS Cintas Corp. | 0.20% | 91,886 | $14.4M | Add +3.2% |
| GHYG iShares Us&intl High Yield C | 0.20% | 320,549 | $14.3M | Reduce -20.5% |
| RF Regions Financial Corp. | 0.20% | 574,693 | $14.1M | Reduce -5.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.20% | 25,635 | $14.0M | Reduce -0.4% |
| ROP Roper Technologies Inc. | 0.20% | 43,305 | $14.0M | Reduce -27.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.19% | 313,211 | $13.8M | Reduce -2.8% |
| COHR Coherent Corp. | 0.19% | 73,972 | $13.6M | Add +58.7% |
| NTR Nutrien Ltd. | 0.19% | 185,692 | $13.4M | Add +6831.4% |
| TRGP Targa Resources Corp. | 0.19% | 60,022 | $13.3M | Add +126.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.19% | 168,188 | $13.3M | Reduce -6.0% |
| SPIB SS SPDR P Int C Corp. ETF | 0.19% | 396,052 | $13.2M | Add +7.7% |
| EQIX Equinix Inc. | 0.17% | 15,309 | $12.1M | Add +14.0% |
| FTNT Fortinet Inc. | 0.17% | 153,299 | $11.8M | Reduce -13.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.16% | 44,597 | $11.4M | Reduce -76.3% |
| TXN Texas Instruments Inc. | 0.16% | 34,496 | $11.3M | Add +10.1% |
| CEG Constellation Energy | 0.16% | 44,623 | $11.2M | Reduce -5.7% |
| TMO Thermo Fisher Scientific Inc. | 0.15% | 25,516 | $10.8M | Reduce -51.9% |
| CNI Canadian Natl Railway Co. | 0.15% | 58,783 | $10.8M | Add +26.9% |
| EQT Eqt Corp. | 0.15% | 182,100 | $10.8M | Reduce -63.0% |
| ADSK Autodesk Inc. | 0.15% | 32,305 | $10.8M | Add +6.7% |
| EOG EOG Resources Inc. | 0.15% | 79,980 | $10.7M | Add +41556.3% |
Other holdings (25): bonds, preferreds, convertibles and warrants · $56.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 1,223,000 | $10.7M | Reduce -36.9% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 5,510,000 | $4.9M | Add +26.4% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 3,587,000 | $4.6M | Reduce -35.5% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 4,190,000 | $4.5M | Reduce -12.1% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 4,075,000 | $4.4M | Reduce -16.8% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 835,000 | $3.3M | Reduce -45.1% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 2,970,000 | $3.1M | No change |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 850,000 | $2.9M | Add +21.4% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 1,795,000 | $2.6M | Add +62.4% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 1,855,000 | $2.4M | Add +40.0% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 37,050 | $2.3M | Add +34.7% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 1,120,000 | $2.3M | Reduce -33.9% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 1,980,000 | $2.2M | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,415 | $1.4M | No change |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 1,100,000 | $1.4M | Reduce -56.4% |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 820,000 | $1.0M | Add +57.7% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 958,000 | $854K | No change |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 785,000 | $666K | No change |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 325,000 | $342K | New |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 266,000 | $256K | No change |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 213,000 | $241K | Add +41.1% |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 111,000 | $122K | Reduce -55.8% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 118,000 | $115K | No change |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 53,000 | $50K | Reduce -95.7% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 43,000 | $49K | New |
Total filed on the 13F, all lines: $7.2B.
Portfolio Sells Q4 2025 → Q1 2026
| HTGC Hercules Capital Inc. | Reduce -76.8% | 0.00% | −0.97 |
| JOYY Joyy Inc.-ADR | Sold out | 0.00% | −0.92 |
| MSFT Microsoft Corp. | Reduce -2.5% | 20.63% | −0.88 |
| TRIN Trinity Capital Inc. | Reduce -76.8% | 0.00% | −0.73 |
| GBDC Golub Capital BDC Inc. | Reduce -76.8% | 0.00% | −0.67 |
| NDAQ Nasdaq Inc. | Reduce -53.5% | 0.48% | −0.61 |
| TSLX Sixth Street Specialty Lendi | Reduce -76.8% | 0.00% | −0.61 |
| INTU Intuit Inc. | Reduce -58.2% | 0.23% | −0.58 |
| SPGI S&P Global Inc. | Reduce -51.8% | 0.43% | −0.50 |
| GAIN Gladstone Investment Corp. | Reduce -76.8% | 0.00% | −0.39 |
| MA Mastercard Inc. Class A | Reduce -47.2% | 0.52% | −0.38 |
| NMFC New Mountain Finance Corp. | Reduce -76.8% | 0.00% | −0.38 |
| GLD SPDR Gold Shares | Reduce -59.8% | 0.35% | −0.35 |
| CSWC Capital Southwest Corp. | Reduce -76.8% | 0.00% | −0.30 |
| META Meta Platforms Inc. Class A | Reduce -10.5% | 2.14% | −0.29 |
| GSBD Goldman Sachs BDC Inc. | Reduce -76.8% | 0.00% | −0.29 |
| AMZN Amazon.com Inc. | Reduce -9.5% | 3.38% | −0.27 |
| TJX TJX Companies Inc. | Reduce -76.3% | 0.16% | −0.25 |
| VRSN Verisign Inc. | Reduce -96.0% | 0.01% | −0.24 |
| JPM JPMorgan Chase & Co. | Reduce -12.3% | 2.13% | −0.22 |
| ABT Abbott Laboratories | Reduce -69.7% | 0.14% | −0.20 |
| FAST Fastenal Co. | Reduce -92.2% | 0.02% | −0.19 |
| MELI MercadoLibre Inc. | Reduce -93.5% | 0.01% | −0.19 |
| ORCL Oracle Corp. | Reduce -15.7% | 0.77% | −0.19 |
| PINS Pinterest Inc. Class A | Reduce -96.8% | 0.00% | −0.18 |
| AFL Aflac Inc. | Reduce -97.2% | 0.01% | −0.17 |
| HD Home Depot Inc. | Reduce -39.5% | 0.32% | −0.17 |
| TMO Thermo Fisher Scientific Inc. | Reduce -51.9% | 0.15% | −0.16 |
| IBM Intl Business Machines Corp. | Reduce -70.8% | 0.06% | −0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -32.7% | 0.42% | −0.16 |
| NOW ServiceNow Inc. | Reduce -9.2% | 0.40% | −0.16 |
| MRK Merck & Co. Inc. | Reduce -62.7% | 0.26% | −0.16 |
| EQT Eqt Corp. | Reduce -63.0% | 0.15% | −0.16 |
| SHOP Shopify Inc. Class A | Reduce -17.3% | 0.34% | −0.16 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.15 |
| AZO AutoZone Inc. | Reduce -29.3% | 0.53% | −0.15 |
| FIS Fidelity National Info Serv | Reduce -98.5% | 0.00% | −0.14 |
| MDB Mongodb Inc. | Reduce -44.4% | 0.07% | −0.12 |
| ABBV Abbvie Inc. | Reduce -15.1% | 1.02% | −0.12 |
| PG The Procter & Gamble Co. | Reduce -51.6% | 0.25% | −0.12 |
| ROP Roper Technologies Inc. | Reduce -27.6% | 0.20% | −0.12 |
| V Visa Inc. Class A | Reduce -5.0% | 2.18% | −0.10 |
| ECL Ecolab Inc. | Reduce -31.0% | 0.41% | −0.10 |
| GOOG Alphabet Inc. Class C | Reduce -9.6% | 2.01% | −0.09 |
| SLV iShares Silver Trust | Reduce -90.7% | 0.01% | −0.09 |
| QCOM Qualcomm Inc. | Reduce -48.6% | 0.12% | −0.09 |
| AVGO Broadcom Inc. | Reduce -4.8% | 2.78% | −0.09 |
| BSX Boston Scientific Corp. | Reduce -5.3% | 0.20% | −0.08 |
| ISRG Intuitive Surgical Inc. | Reduce -29.2% | 0.10% | −0.08 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.07 |
Portfolio Buys Q4 2025 → Q1 2026
| TSM Taiwan Semiconductor-SP ADR | Add +2.1% | 2.65% | +0.59 |
| NEE Nextera Energy Inc. | Add +114.7% | 0.89% | +0.57 |
| CVX Chevron Corp. | Add +45.3% | 0.98% | +0.55 |
| WMT Walmart Inc. | Add +253.3% | 0.75% | +0.52 |
| COP Conocophillips | New | 0.47% | +0.47 |
| MCK McKesson Corp. | Add +1641.1% | 0.46% | +0.44 |
| SNOW Snowflake Inc. | Add +521.5% | 0.46% | +0.38 |
| PWR Quanta Services Inc. | Add +12.3% | 0.88% | +0.37 |
| XOM Exxon Mobil Corp. | Add +78.6% | 0.51% | +0.33 |
| NVDA Nvidia Corp. | Add +0.4% | 4.57% | +0.26 |
| GS Goldman Sachs Group Inc. | Add +18.2% | 1.10% | +0.24 |
| CAT Caterpillar Inc. | Add +0.8% | 0.52% | +0.20 |
| PH Parker Hannifin Corp. | Add +15.3% | 0.87% | +0.19 |
| NTR Nutrien Ltd. | Add +6831.4% | 0.19% | +0.19 |
| DHR Danaher Corp. | Add +116.7% | 0.35% | +0.18 |
| LLY Eli Lilly & Co. | Add +20.1% | 1.28% | +0.17 |
| GLW Corning Inc. | Add +122.2% | 0.21% | +0.15 |
| KO The Coca-Cola Co. | Add +2.0% | 0.66% | +0.15 |
| EOG EOG Resources Inc. | Add +41556.3% | 0.15% | +0.15 |
| UNP Union Pacific Corp. | Add +10.9% | 0.50% | +0.15 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +23.9% | 0.62% | +0.15 |
| IJR iShares Core S&P Small-Cap E | New | 0.14% | +0.14 |
| BMY Bristol-Myers Squibb Co. | Add +12.6% | 0.45% | +0.14 |
| TRGP Targa Resources Corp. | Add +126.3% | 0.19% | +0.14 |
| SPG Simon Property Group Inc. | Add +44.4% | 0.13% | +0.13 |
| LITE Lumentum Holdings Inc. | Add +6.8% | 0.21% | +0.13 |
| RSG Republic Services Inc. | Add +2.9% | 0.71% | +0.12 |
| VLO Valero Energy Corp. | Add +18.6% | 0.24% | +0.12 |
| NRG NRG Energy Inc. | Add +116.2% | 0.22% | +0.12 |
| VST Vistra Corp. | Add +56.8% | 0.28% | +0.12 |
| CF CF Industries Holdings Inc. | New | 0.11% | +0.11 |
| COHR Coherent Corp. | Add +58.7% | 0.19% | +0.11 |
| NXT Nextpower Inc. | Add +187.0% | 0.14% | +0.11 |
| LNG Cheniere Energy Inc. | Add +196.8% | 0.13% | +0.11 |
| KGC Kinross Gold Corp. | Add +35.5% | 0.35% | +0.10 |
| TER Teradyne Inc. | Add +681.9% | 0.10% | +0.09 |
| XLK SS Technology Select Sector | Add +650.5% | 0.10% | +0.09 |
| VWO Vanguard Ftse Emerging Marke | Add +50.7% | 0.22% | +0.09 |
| AEP American Electric Power | Add +217.2% | 0.12% | +0.09 |
| HASI Ha Sustainable Infrastructur | Add +170.8% | 0.12% | +0.09 |
| CTVA Corteva Inc. | New | 0.08% | +0.08 |
| AMD Advanced Micro Devices | Add +17.1% | 0.31% | +0.08 |
| DUK Duke Energy Corp. | Add +75.2% | 0.13% | +0.08 |
| XLI SS Industrial Select Sector | New | 0.07% | +0.07 |
| PANW Palo Alto Networks Inc. | Add +19.1% | 0.66% | +0.07 |
| ENTG Entegris Inc. | New | 0.07% | +0.07 |
| EQIX Equinix Inc. | Add +14.0% | 0.17% | +0.07 |
| AMGN Amgen Inc. | Add +13.4% | 0.21% | +0.06 |
| CIEN Ciena Corp. | New | 0.06% | +0.06 |
| XEL Xcel Energy Inc. | Add +114.3% | 0.09% | +0.06 |
Notes & Other Activity Q4 2025 → Q1 2026
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Reduce -36.9% | 1,223,000 | $10.7M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Add +26.4% | 5,510,000 | $4.9M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Reduce -35.5% | 3,587,000 | $4.6M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Reduce -12.1% | 4,190,000 | $4.5M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Reduce -16.8% | 4,075,000 | $4.4M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Sold out | 3,590,000 | $3.5Mbefore exit |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Reduce -45.1% | 835,000 | $3.3M |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Add +21.4% | 850,000 | $2.9M |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | Add +62.4% | 1,795,000 | $2.6M |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 2,990,000 | $2.6Mbefore exit |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | Add +40.0% | 1,855,000 | $2.4M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Add +34.7% | 37,050 | $2.3M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Reduce -33.9% | 1,120,000 | $2.3M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Reduce -56.4% | 1,100,000 | $1.4M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Sold out | 1,465,000 | $1.4Mbefore exit |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Add +57.7% | 820,000 | $1.0M |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | New | 325,000 | $342K |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Sold out | 248,000 | $258Kbefore exit |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Sold out | 246,000 | $242Kbefore exit |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | Add +41.1% | 213,000 | $241K |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | Reduce -55.8% | 111,000 | $122K |
| SABRE GLBL INC (SABHLD 7.32 08/01/26) | NOTE 7.320% 8/0 · principal | Sold out | 100,000 | $104Kbefore exit |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | Sold out | 60,000 | $67Kbefore exit |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Reduce -95.7% | 53,000 | $50K |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | New | 43,000 | $49K |
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 |